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WS; ADA).
Library
« j
MONDAY
,,
Reg. U. S. Pat. Office
1949
$4,358,126
Net
1
sales
loss
shares
Earned
per
962,434
Nil
♦Profit.
<■1171,384
438,017
562,439
562,433
962,434
Nil
-
share--—-
$0.18
tNo provision necessary for Federal income taxes
of 1946 loss.
tAfter giving effect to non-recurring
$165,000.—V. 169, p. 201.
- v f
■
In This Issue
scribed for
Slock and Bond
Co., Inc.—Forms New Subsidiary—
announced the formation of Ohio Chem¬
subsidiary, which will handle the medical gas
business on the West Coast formerly handled by Ohio
and
equipment
Co.,
Boston
President of Air Reduction Pacific Co., will also be
of Ohio Chemical Pacific Co., which will maintain its head¬
Harold
Etter,
President
Stock Exchange
Alabama Power Co.—Earnings—
Stock Exchange—
Gross
revenue
——
Oper.
expenses
Prov.
for
sition
General
deprec.—_—
taxes
income
Fed.
income
Gross
Int.
(4,357,473
4,669
Crl8,480
58,644
Cr87,749
60,718
42,421
$489,055
$7,473,822
105,000
1,260,000
1,260,000
$384,055
$571,634
Final
General Corporation
this corporation will have completed an intensive
culminating in the successful implementation of
system throughout seven Middle Atlantic States, it
25,
program
seven-route
six
On
June
sixth
the
20
inaugurated conventional air service on
New York.
'W \
July 25 will be from Pittsburgh to
company
Buffalo.
■
routes
five
were
Allegheny Ludlum Steel Corp.—New Soaking Pits—
*
A
battery of
eight new soaking pits, among the most modern
and
advanced in design in the entire steel industry,
has been in¬
stalled and soon will be in operation at the Brackenridge (Pa.) plant,
It was announced on June 30.
The new pits, which are adjuncts to
the
new
electric
furnace
department, are of circular design and
have
a
13-foot effective hearth diameter each.
Each has a capac¬
ity of from 50 to 60 tons, depending upon the size and shape of
Ingots.
/
'
V.V
•
,
New Director Elected—
W.
John
General
Co.,
H.
'
-
has been elected a director.
He is Assistant
of the Apparatus Department of General Electric
headquarters in Schenectady, N. Y.
He succeeds
E. Vice-President, who resigned.—V, 169, p. 1217.
Belanger
Manager
making his
V. Erben, G.
Allen Industries, Inc.—Earnings—
Quarter End. Mar. 31—
♦Net
profit
1948
1949
$6,242,708
sales
Net
$6,474,596
254,251
559,200
,
291,698
288,044
559,200
279,600
t$64,155
279,600
$0.45
—
Capital shares outstdg—
Earnings per share
$0.52
$1.03
profit on sale of capital
assets.
12 Mos. End. Mar.
tlncludes $44,702 non-recurring
?Not stated.—V. 169, p. 1105.
Net
$3,566,314
2,112,883
$2,708,295
$1,453,426
800,589
800,589
800,539
$3.70
$4,077,671
1,692,417
taxes
$2,385,254
800,589
$2.98
profit
Capital shares outstdg—
Earnings per share
—V.
$4,531,910
1,823,615
$3.38
$1.81
.
taxes
income
1946
1947
$2,959,792
inc.
Quarter End. Mar. 31—
1948
1949
shares
Earns,
Unfilled
•
'
After
orders
Mar.
31
66,443.101
2,512,935
2,515,527
$0.88
32,288,816
12,161,864
23,713,029
t2,250,956
2,073,513
136,436,784 173,873,499 127,589,701
1,250,000 horsepower
add
capacity
4c
the
resignation
executive
of
Nil
on
these
to our system
170, p. 1.
$
159 ,908,185
21,492,731
91,874,282
4,160,473
4,269,823
74 375,890
15 256,215
1,008,978
900,521
18,243,827
3,968,457
3,503,188
14,843,343
3,237,072
2,974,909
12,673,449
11,555,784
10,685,718
44,272,794
41,901,465
79,035
49,706
338,674
184,467
10,735,424
44,611,468
42,085,932
3,313,358
3,086,632
13,126,772
12,942,102
8,203,281
7,648,792
31,484,696
29,143,830
Crl88
192,634
578,392
788,828
7,456,158
1,293,594
30,906,304
28,355,002
1,293,583
5,174,100
5,022,167
6,909,8^6
Federal
Other
185,876,152
26,167,043
6,162,564
25,732,204
23,332,835
233,273
36,768
733,442
139,434
6,676,613
___
43,826,890
3,697,844
expenses
income
Federal
—-
6,125,796
24,998,762
23,193,401
6,125,796
24,998,762
23,193,401
14,153
23,993
taxes
taxes—
taxes
Other
retir. & depl.
appropriations
income
(net)
3 382,182
13, 436,649
Portion
capacity,
170,
p.
res.
8,203,469
.
applic. to minor,
;
interests
Net
equity
income
of
co.
and to establish adequate re¬
planning includes three entirely
respect to coal and water supply
delivery of power to our inter¬
.
Net
in
of subs
Light Co.:
Amer. Power &
equity in income of
subs,
(as
above)
'
6,676,613
3,488
income
Other
taxes
Balance
♦Full
earned
25,012,915
91,022
511,975
214,685
772,078
23,217,394
378,830
719,372
6,306,324
Expenses
Income
6,125,796
160,832
212,945
5,820,089
23,728,862
22,119,192
6,680,101
Total
proposed
the
surplus
Balance
now well advanced.
One unit at
will be in operation within the next
be completed by the end pf 1951.
to meet anticipated growth
Consequently, our long-range
of
to
is
plants
—
surplus
dividend
or
requirements applicable to respective periods
unearned.—V.
170, p.
'
1.
whethly:
.
1.
The
share
July
have
directors
cn
the
This
7.
declared
common
stock,
a
St. Louis Listed and Unlisted Securities
Dividend—
dividend of 50
July 29 to holders
year-end
was
paid
Unit Treasurer—
A.
Blackford
as
a\Director,
Treasurer
of
American
F.
on
payable
is the first payment since an
July 31, 1947.-r-V. 169, p. 2206.
cents per
of record
initial of like
amount
a
Car
Clark was elected Treasurer of
Edward D. Jones & Co.
Established
American Molasses Co.—Merges
and
Lester
committee
Foundry Securities Corp., James
that subsidiary.—V.
1949—12 Mos.—1948
1949—3 Mos.—1948
49,709,014
11,516,639
Operating
plants will be owned by the Appalachian
Electric Power Co.
The site for one of them is on the Kanawha
River
near
Charleston, W.
Va., and the other on the New River
not far from Glen Lyn, Va.
The third plant, to be erected by The
Ohio Power Co., will be located 12 miles south of McConnelsville, Ohio.
All three of these plants will be simlj^r In design and capacity, built
on the unit plan with two
units per- plant and each unit consisting of
one 200.000
horsepower steam turbo-generator," concluded Mr. Sporn.
The
of
Vi
Subsidiaries—
engineering studies of load indicate that before Tanners Creek
the last unit at Sporn are completed, we will need even greater
serves.
tLoss.—V. 168, p. 145.
charges and income taxes.
Following the
subsidiaries
CONSOLIDATED INCOME ACCOUNT
.
Operating revenues
53,368,107
American Car & Foundry Co.—New
member
,
or
Period End. Mar. 31—
"Our
37,908,639
2,515,442
Nil
share
kwh.,
which we are acquir¬
American Hide & Leather Co.—Resumes
54,669,841
2,515,495
$1.82
outstdg.—
per com.
:
1949, the System inputs of
amounted to 273,154,000 kwh., an increase of 40,375,17.34%, over the corresponding week of last year.
company
Transfer
stations," said Mr. Sporn, "for
power
Sporn and a unit at Twin Branch
few months and all of them will
$
$
70,763,379
90,779,171
4,377,983
Billings
♦Net profit
Light Co.—Weekly Input—
week ended June 30,
the
this
000
1946
1947
$
$
Com.
1.
p.
(& Subs.)—Earnings—
78,987,490
booked
Orders
work
expected to be completed by the first of the year.
American Power &
under construction.
to our system ca¬
pacity and in 1947 announced a $305,000,000 expansion program to
include two new plants, the Sporn Plant at Graham Station, W. Va.
and the Tanners Creek Plant at Lawrenceburg, Ind., together with a
large addition to the Twin Branch Plant at Mishawaka, Ind.
They
—V.
Allis-Chalmers Mfg. Co.
building is
170,
For
of
and
ophthalmic
Vice-President in charge of manufacturing,
will be started immediately and that
Schumacher,
construction
that
new
—V.
ing sites, will be In addition to power plants now
Immediately after the war, we made plans to add
"Two
169, p. 202.
V
News-Cover
and will be used as at ware-
and finished
materials
raw
products.
Weldon
E.
the
both
stock
to
house
optical
(900,000 kilowatts),
horsepower
1,200,000
plants strategically located with
and properly situated for economical
connected transmission system.
1948
'
$4,987,148
2,027,356
1949
31—
Fed.
Federal
additional 110,000 square feet of space
Other
and
Subs.)—Earnings—
Allied Mills, Inc. (&
before
'
Offerings....
new
Profit
'
cost
Co.—Units Plan Expansion—
Philip Sporn, President,
announced on July 5, that two of the
companies in the American Gas and Electric System are now engaged
in
acquiring land upon which to erect three new power stations.
Based upon preliminary estimates, they will have a total capacity of
$0.23
charges and Federal taxes,
♦After
j
major addition to the company's Southbridge,
of approximately $1,000,000, was announced
completed,
the new ^ building will provide; an
a
a
When
5,
to
Major Addition
American Gas & Electric
"Construction
X
of
at
plant,
July
.on
reserve
1946
1947
that the company
dissolved. It said
business. ' -
,;
Construction
Mass.,
f:
Build
Co.—To
Plant—
Property
will
$5,886,787
Optical
American
Its
■\
"These
,
shares, 312,609 Were
June
on
11,437,604
opened on March 7 and 23, April 11
and
25,
and May 23, when the company introduced "commuter"
air
service
to
the terminal cities of (1)
Washington-Baltimore to
Pittsburgh,
(2) Pittsburgh to Philadelphia-Atlantic City,
(3) Wash¬
ington-Baltimore to Atlantic City, (4) Washington-Baltimore to Phila¬
delphia,
(5) Pittibuigh to Cincinnati, and intermediate key cities
respectively.—V. 169, p. 202.
first
The
unanimously to liquidate
The company reported it was in splendid financial condition, with
approximately $3,350,000 in cash and United States Government bonds,
169, p. 2746.
Bank Clearings.—
The Course of
route from Pittsburgh to
route to be opened on
final
The
& Investment
almost
—V.
—.50
43
Redemption Calls and Sinking Fund Notices__44
Dividends Declared and Payable.....
44
Foreign Exchange Rates——....
——44
Combined Condition Statement of Federal
Reserve Banks.
..44
Condition Statement of Member Banks of
Federal Reserve System
44
Auction Sales
—44
State and City Bond
its
is
announced.
the
there
Exchange—
Miscellaneous Features
Segment to Be
This Month—
July
months'
$4,930,848
Co.—Liquidation Plan Voted—
voted
1
14 recommended
of the oldest of its kind in the country—be
had been a steady decline In the sole leather
board of directors
said
American Airways, Inc.
All
$6,213,822
July
on
Of the 339,970 outstanding common
liquidation, it was announced
of
favor
—one
.
$6,190,843
105,000
stockholders
The
2745.
p.
Opened
By
5,087
Cr2,923
$676,634
—-—
169,
3,414,361
,:»
pfd.
Balance
—V.
269,283
$9,404,678
3,110,689
stock—
income
on
$10,859,078
301,925
premium & expensedeductions —
Net
$760,503
debt-
Other
Divids.
3,656,851
$964,748
in
Co,
,
this company.
36
37
Montreal Stock Exchange
38
Montreal Curb Exchange—
.38
Toronto Stock Exchange.
.......
39
Toronto Stock Exchange—Curb Section
41
Over-the-Counter Markets
....—
42
Transactions New York Stock Exchange
—24
Transactions New York Ctfc-b, Exchange
.24
Stock and Bond Averages- (Dotv-Jones)..
33
National Quotation Industrial Stock Avcrage_33
San Francisco Stock
1.
P.
American Oak Leather
The
St. Louis Stock Exchange
585,193
3,405,659
170,
which it held in American Natural Gas
interest
relinquished the
Angeles Stock Exchange
——35
Philadelphia-Baltimore Stock Exchange..
36
Pittsburgh Stock Exchange
.——....—36
disc.,
debt
of
600,004 r
j
——
long-term
on
Amortiz.
585,193
(3,825,478
48,766
48,766
the
unsubscribed shares of
—V.
Los
.
721,290
———)
taxes
1949—12 Mos.—1948
$3,518,090 $45,621,229 $40,990,464
21,768,506
20,064,173
* 1,774,817
4,225,500
3,793,910
334,000
1,505,884
377,500
_______
of
pit. acqui¬
adjustments-
Amortiz.
Detroit Stock Exchange
1949—Month—1948
$3,618,108
.
.13
25
29
34
34
34
35
35
.—
Cincinnati Stock Exchange—
Cleveland
Period End. May 31—
Exchange.
Stock
Chicago
Francisco, Calif.—V. 169, p. 2205.
quarters in San
Curb
York
New
Mfg. Co.
&
Chemical
———
(Bonds)
Exchange———.
New York Stock Exchange
new
a
(Stocks)
New York Stock Exchange
June 30
on
company
Pacific
by United Light common stockholders
subscription privilege. United Light will sell
American Natural, and after deducting the
$12 a share at which the stock was offered through rights, it will
distribute the balance of the sale price to unsubscribing shareholders.
On sale of these remaining shares United Light will have completely
forfeiture
no
not exercise
did
who
be
will
There
Page
v
of
629,006
Light
Gas.
Quotations
the
Reduction
Air
The
to
scribed
due to
expense
than
more
offered them
Co.
Gas
•
ical
More Than 99% of Stock—
and Railways Co. have sub¬
99% of the common stock of American Natural
through rights which expired July 1. They sub¬
a total of 634,667 shares of American Natural
United
of
stockholders
Common
Nil
•
carry-back
of about
Co.—United Light & Railways
Stockholders Subscribe for
$3,126,424
193,059
Copy
MISCELLANEOUS
-
American Natural Gas
$9,674,190
$9,750,609
INDUSTRIAL^ INSURANCE
-
1946
1947
.
1410,271
__I
Capital
PUBLIC UTILITY
Co.—Earnings—
1948
ACF-Brill Motors
Quarter End. Mar. 31—
Net
-
a
and Investment News
General Corporation
RAILROAD
Price 75 Cents
York, N. Y., Monday, July 11, 1949
New
Number 4819
170
Volume
merger
Sucrest
A.
Corp.
Saar,
The
—V.
into this company of its wholly-owned
and the Numoline Co., was announced June
subsidiaries,
30 by Oscai
President.
business
through
300 North 4th St., St.
Subsidiaries—
the
169, p.
of
the
subsidiaries
will
be
carried
newly organized Sucrest Division and
373.
by parent firm
Numoline Division.
on
,
1871
Louis 2, Missouri
Members
New York Stock
St.
Louis Stock
Chlcafo Stock Exch.
New York
Exchange
Exchange
,
.
Chicago Bd. of Trade
Curb Exchange Associate
*
,
Phone
CEntral 7600
Bell Teletype
8L
593
2
*
(102)
American Overseas Airlines, Inc.—Finnish
Autocar Co.
Operatibns
The secpnd anniversary
Net
Construction
of
capable of taking high-
at Helsinki,
airport
new
a
Common
land
after charges and taxes—
$2.37
$6,923,497
expenses
5,501,210
Taxes
—:
Equipment
Jt,
-
United States.—V.
the
169, p.
Avildseri Tools & Machines, Inc.—Earnings—
facil.
'
2634.
American Potash & Chemical
-
;
Net
:
Corp.—Earnings—
(Formerly
Months
'
,
1949
Costs
profit
sales
for
first
the
quarter
of
1949
totaled
in
1^49
Tool
&
1949
1948
$3,329,556
116,386
against
$3,530,642,
operations
deductions (net)
Other
Provision
$3,504,087 in same period of 1948.—V. 169, p. 1769.
for
Federal
105.849
38,000
52,500
.i————-
income
$684,610
$2,263,414
78,837
77,094
378,640
381,544
$582,125
8761,704
290,405
$2,642,054
1,472.337
$2,321,574
286,591
191,250
195,520
959,372
$104,284
$275,779
$210,345
income
'
—
Net
income
•Deficit.—V.
tax—
—
-
—
169,
American Telephone & Telegraph
Frederick G.
the
American
Co.—Asst. V.-P.—
-V.
has
Telephone
been appointed Assistant Vice-President
& Telegraph Co., reporting to Bartlett
Federal
panies.
169, p.
charge
in
of
Anderson-Prichard
Oil
is
it
income
before
month,
S.
I.
Income taxes
Net
taxes
(est.)
shares
169, p.
1,875,919
$4,523,790
-
134,700
446,830
217,716
$1,428,189
638,013
$636,699
629,513
$1.56
outstanding—
$2.17
$0.95
share
Net
1949—Month—1948
1949—5 Mos.—1948
$750,735
$3,623,984
oper,
fr.
rev,
facil.
1949—Month—1948
31—
—
$2,052,914
Operating expenses
—
1,250,070
Federal
deprec.
reserve
—
of
Int.
3,953,709
471,309
264,500
41,533
2,565,010
1,943,052
Net
127,073
1,388,771
1,455,748
12,041,176
15,063,203
4,218,209
33,734
2,207,904
V
General
P.
1,678,464
,r
Gross
428.492
635,026
625,709
3,154,512
1,962,264
1,312,787
3,175,479
5,989,179
132,398
2,386,621
1,476,948
$427,082
$5,337,085
$4,830,741
25,599
333,988
340,016
$401,483
$5,003,097
Gross
699
35,564
12,780
tax
a/c
Railroad
Federal
income
Act
Retirement
4,280,269
\4'
X
Insurance Act
Unemployment
taxes—
Total
349,682
521,670
169,
Bangor & Aroostook RR.—May Earnings—
Period End. May 31—
$402,182
$5,038,661
$4,503,505
124,010
104,479
1,428,880
1,203,678
Railway
44,359
21,506
285,686
248,531
Cr42,531
Crl6,303
Cr316,759
Crl54,939
Railway
Railway
,$292,500
stocks
$3,640,854
$3,206,235
oper.
1949—Month—1948
$1,015,791
revenues
$7,999,637
construct.
4,367.579
4,595.231
138,280
190,783
1,596,836
1,458,270
*
$94,781
$185,186
$2,035,222
$1,915,321
,'lt
12,220
13,669
Drl30,026
Dr88,980
502
14,137
7,049
$109,262
$199,357
$1,919,333
$1,833,390
51,462
46,589
239,376
$57,800
$152,768
$1,679,957
$1,601,589
-
Dividends
$234,092
applicable
Balance
—V.
to
r-'
*
preferred
608,609
608,609*
.
$3,032,245
-
/
$2,597,626
Income
i
income
charges
charges
Net
ry.
Net
income
1949—Month—1948
income
oper.
'
1,379,769
....
169,
E.
A.
payroll tax rate under amendment to the Railroad Unem¬
ployment Insurance Act.—V. 170, p. 2.
,
/ f:
'
:
Inc.-
The
-Earnings—
Net
sales
Mar. 26,'49
(—
„
_
Net profit after taxe^ and
Common
Earnings
per
—V. 169,
p.
eharges—
$3,444,674
:
share,
share..—.
common
592?
;
)
$0.50
$0.79
.
Gross
Net
Net
from
railway
$401,562 J
from
Net
5
Net
73,765
*10,321
17,221
,f
Three
ry.
7,123
*9,535
1,552,492
187.104
383,437
153,806
89,664
*60,995
"*1,754
'*•
2414.
-
...
"
and
Atlantic City
of
Electric Co.—Merger Approved—
«?
Gross
awarded
99.229
cents
.instead
167,
of
10
cents
July 7.
each on
In
Net
for
July 7
2%s, *
on
a
bid
of
99.287.
Halsey,
ry.
Period End. May 31—
Operating
Operating
revenues
1949—Month—1948
Other
May
—V.
31—
expenses
8,852,927
9,983,571
46,635,891!
800,000
1,100,000
5,800,000
1948,
Operating income
Equip. & jt. fac. rents
__
Other
ry.
income
Miscel.
Fixed
Net
—V.
oper.
income
(Cr)
deductions
&
conting. clfgs.-
p.
$433,157
$963,686
$5,838,553
$7,009,899
275,716
406,884
1,322,625
1,807,576
$157,441
$556,802
239,679
350,652
$4,515,928
2,434,174
$5,202,323
2,815,096
3,554
7,818
18,745
21,416
353,332
328,217
1,729,209
1,636,354
$571,419
$5,202,148
$6,359,649
_
1947
$137,000
$147,803
*60,327
*54,024
income—
*120,682
*110,516
1946
*85,516
*113,733
878,000
982,000
849,400
904.10$
*377,910
*253,44$
*641,324
*223,781
*525,865
*186,690
income—
*459,771
*560,00$
1—
'.v.Y1,'
oper.
169, p. 2526.
May—
Gross
Its
year.
Maine—Earnings—
1949
1948
1947
1946
$397,149
$411,818
$325,030
$366,356
*3,352
56,637
*11,494
'2,541
*83,115
*34,231
*107,589
*84,206
railway—
3,251,059
3,016,907
2,838,378
2,711,45$
railway—
income—
1,052,559
543,792
949,020
892,850
759,04$
384,784
329,618
216,953
from
Net
ry.
railway—_
from
»
railway-^
oper. income—
-
from
Net
from
Net
1948
„
35,328,343
ry.
36,544,212
oper.
"Deficit.—V.
'4,372,215
1,490,730
411,652
313,937
148,748
401,391
372,940
Net
from
232,291
than
Federal
income
192,185
Net
ry.
33,511
29,052
___
premiums——.
;
369
'
——
income
per
169,
100,212
net
taxes
Net
from
Net
ry.
890,000
share
*
The
The
$817,694
$748,896
$786,521
459,771
312,509
369,528
436,867
income—
*56,668
153,044
229,897
204,168
1946
"
169; p.
4,719,151
4,145,628
2,218,083
1,969,563
2,263,480
682,661
1,169,155
1,069,322
directors
of
the
of
the
866,950
the. Havana,
Cuba,
brand)
of
trustee for the holders of the
$128,219.92
>•,'v
annum
from
balance
of
*653,951
as
of
of
U;
S.
currency
interest
repre*
'
-
'
of
1/ 1948 to June 30, 194$
outstanding bonds, or $7.3$
all
and
principal
of
will
the
be
original'
reduced
In
case
Pennsylvania—Regular Div.—
and
bonds
Milk
45
Cuba.
to
St.,
principal monies on or after July 11, 1949 by forwarding
the trustee, namely, The First National Bank of
Boston,
Boston, Mass., or to the trustee's branch office in Havana,
This
interest
trustee
on
the
with
check
A similar distribution was made on March
31, last.
v
Gillan, President, announced that this was the sixth consecu¬
in which the company failed completely to
earn
the
dividend
disbursement,
"making
further
withdrawals
from surplus
necessary."—V. 169, p. 2747.
'
and
principal
payment
will
be
noted
by
thd
presentor together
—V.
of
$1.50
per
on
share,
payable
June
30
the
to
regular
quarterly
stockholders
of
date.
same
W.
is
Corp.,
announced
that
Morse
Chain
Co.,
a
division
of
developed
a
completely new line of stock silent chain
couplings designated as Series DSC. The rugged, all steel con-
and
bonds
for
original
the
face
the bonds
amount
value
of
returned
to
due.
the
~
has
$1,000
beer,
reduced
by
principal
i"
Carnegie-Illinois Steel Co.—New Vice-President—
-
Walker
A.
Director,
merly
ing
D.
Norris
United
to
it
was
John
has
"
the
payments totaling $215.66 deposited with the trustee prior to
this-year#
168, p. 1039.
W.
„
Borg-Warner
strutcion of these new couplings combines maximum power transmission
capacity with minimum space requirements.—V. 170/p. 2.
a
The
D.
quarter
Borg-Warner Corp.—Develops New Product—
It
dividend
record
the
was
has
Banville
E.
States
been
elected
announced
Assistant
to
has
Crull,
Steel
by C.
Cox,
President.
Mr.
and
Walker
g'
for¬
Vice-President—Finance.
been
who
appointed''Assistant Treasurer, succeed*
retired
subsidiaries:
Treasurer.—V.
Vice-President—Accounting
R.
169,
p.
July
Mr.
1447,
■
July
original face value of $1,000.
of $32.13 on each bond
payments
*402,967
•
Payment cfl
—
payment
$1,000.
of
653.04$
*243,637
*539,587
1
with
Boston,
sum
per
principal
principal
above
interest
declared
1%
994,246
*261,125 *
*585,377
■
of
holders cf bonds presenting
their bonds in the United
by the 2% tax imposed by the Republic of Cuba on the export
capital from that country.
✓
•>
Any bondholder may obtain his proportionate share of the deposited
1,067,377
30
*79,45$
*125,0C$
States
1986.
June
*78,884
*138,388
Havana, Cuba
V
-
deposited
'•
at
bond
A
value
The
.' 4,252,353
2,006,228
Co.,
Bank
bonds,
unpaid
each
(2)
face
the
4,101,835
?
1946
$138,925
\
2526.
p.
has
National
Interest
the
on
$850,902
I
railway
railway
oper. income—
850,028
*608,591
.
Sugar
company
First
on
railway-—
railway—.
from
The
169,
Caribbean
-Earnings—:J'
1947
'
$172,628
*93,591
*359,791
income—,
Principal and Interest—
(1)
1948
♦Deficit.—V.
railway--—
mortgage
senting—
Western Ry.
'
1947
'
*34,845
.
*152,732
railway.—___
oper.
first
from
ry.
$1.23
1949
oper.
Net
$681,220
$1.47
-
From Jan. 1—
Gross
535,000
profit
common
$187,948
*103,028
_
income—
*Deficit.:—V.
p. 2414.
from
Gross
from
from
ry.
95,915
income..
lailway
1948
$170,831
railway
oper.
Net
$1,216,220
$800,750
on
Vermont—Earnings—
1949
from
Gross
$1,120,305
$1,690,750
—
—
.
From Jan. 1—
341,786
$1,590,537
—
-
May—
Gross
662
362,661
—
2526.
p.
Canadian Pacific Lines in
-
annuity
169,
1,011,535
1,631,012
—
1,204,919
4,631,258
—
—
income
flexible
2747.
1948
Canadian Pacific Lines in
Gross
1949
—
May—
tive
$39,734
income
169,
6,100,000
agent for the issuer.—V. 109,
as
*34,643
•Deficit.—V.
30
$45,983,497 $45,938,313
expenses
Bell Telephone Co. of
49,230,762
to'aa
2539.
railway—
railway-
from
ry.
Net
'
:
expenses—
Beaumont Sour Lake &
DATE
1949—5 Mos.—1948
of
p.
$190,000
oper.
Net
1466.
p.
—
general
Provision for Federal
Stuart
$10,086,084 $12,047,257 $58,274,444 $62,340 661
Taxes
Net
TO
interest
1952,
168,
1949
from
Net
his
EARNINGS FOR MAY AND YEAR
April* 1,
for
*73,847
From Jan.
Gross
per
June
calendar
a
for depreciation
Net
was
bid
due
$19,990.—V.
Y,
it
to
From Jan. 1—
profit —!
Total
tificates, Series J, subject to approval by the ICC. The
certificates, to be dated March 1, 1949 and to mature
1950 through 1964, are
priced to yield from 1.50% to
2.95% according to maturity. Associated in the
offering
are Drexel &
Co., Union Securities Corp. and Stroud &
Co., Inc.
Inc.
sale
$170,000
:
Net
Earned
issue
of
the
and accrued
par
bonds
sum
for
railway—
railway——
from
from
Vice-
(& Subs.)- -Earnings—
„
Provision
Atlantic Coast Line
RR.—Equipment Trust Certificates
Offered—A group headed by Salomon
Bros. & Hutzler
on July 8 offered
$8,685,000 2%% equipment trust cer¬
Co.
of
record
15
merchandise—
and
Consolidated
The
of
Jersey
Atlantic City Electric was authorized to issue
$400,000 in bonds,
$200,000 in cumulative preferred stock and $220,000 in common
stock
in
exchange for like obligations of South Jersey Power &
Light.—
V. 170, p. 2.
&
gold
exhaust the
,;
Sought—
trustee, New York, N
tenders
2748.
a
July 31.—V.
Ended
Interest
South
of
—.
other
Insurance
*
Power & Light Co. into the Atlantic4
City Electric Co. was formally approved by the New
Jersey Board of
Public Utility Commissioners
July 6.
1
,J merger
end
delivery
Retirement
The
dividend
a
holders of
purposes
maintenance
and
Taxes,
12,062
"
50-year
to
101,44$
$1,940,000 3Yt%
mortgage bonds, series C, due in 1975, it was an¬
July 5. Proceeds of the sale will be used for
construction, according to Ralph Elsman, President,
155,547
Selling
58,260
p.
to
dividends
declared
Advertising
1,564,737
169,
July 29
accounting
other
Administrative
1,937,959
income—
position
new
(including storage earnings)-.
and
Repairs
*12,934
1,684,461
oper.
the
to
declared
27
common
also
Months
Products
56,497
successor
receive
'
$292,549
railway
•Deficit.—V.
year
Sales—net
railway—
from
for
will
year
fiscal
From Jan. I—'
Gross
June
payable
paid
250,835
*; *71,481
155,188
29.
1946
$349,824
4%
sufficient
Net
He formerly was General Manager in
/' "
'-'VV'v
,
Beatrice Foods Co.
1947
22.734
oper., income
ry.
1943
$325,484
railway——
elected
been
sales.
of
437,471
299,821'
-
2526.
p.
Canadian National Lines in New
England—Earnings—*
w.
1949
from
has
on
directors
fiscal
$0.18
.
.
1,297,633
346,303
Dean Witter & Co. acted
p.
quarterly dividend of $1 per share
on the 4%
preferred stock, payable Aug. 1 to holders of record July 25.
Nelson M. Graves, President, disclosed the company has- adopted a
55,247
Atlanta & West Point RR.—Earnings—
May—
The
297,266
..
Dec.
1,506,778
;
,
'
1 $1,564,370
236,604
297,266
314,222
company
and
Mar. 22, '47
$4,073,900
157,877
outstanding—
sales.
directors
1,712,359
Mc.y—
charge
the
Mar. 27, '48
■
shares
in
cf
charge
common
Artloom Carpet Co
—
Bonneville
President
in
169,
mortgage
new
\
Barcalo Manufacturing Co.—New V.-Pres.—10c Div.—
•May, 1948 income figures include net credit adjustment of $1,047,applicable to the first four months of 1948 due to retroactive
12 Weeks Ended—*
v
j
2414.
p.
1,289
2,078,802
645,200
sinking fund, at prices not exceeding
Gross
429
reduction
income
Net
—V.
$191,434,333 $199,514,921
*4,975,885
15,753,938
20,836,081
*4,370,009
13,103,132
18,093,250
2,003,852
2,261
:—
-
46,516
1,945
nounced
fxd.
for
69,192
76,349
1949,
first
-
1949—5 Mos.—1948
$37,813,095 $41,536,980
—
avail,
Fixed
Atchison, Topeka & Santa Fe Ry.—Earnings—
Period End. May 31—
(net)—.-
income (net)'/J—
.V*y- »•"
v
v-V; ■;«,
.
income
Other
*—
——
——
169, p. 2414.
Gross
Railway oper. income..
Rent
137,325
231,801
accrual^—
tax
♦
income
-Yr1
1946
$257,835
;
California Water Service Co., San
Jose, Calif.—Bonds
Sold Privately---The company has sold to the New York
Life Insurance Co. in two instalments
$7,968,822
780,040
782,730
exps._
Earnings—
1949—5 Mos.—1943
$1,156,009
1
oper.
,
Bush Terminal Co.—Tenders of Bonds
the
aro
board
the
109,459
income—
oper.
amount
of
1947
The City Bank Farmers Trust
Co.,
until noon of July 27,
8,655,172
Athol
members
$319,239
will
first
$359,930
RR.
other
members
1948
income
railway
railway
from
ry.
1,955,022
2747.
p.
Vice-President,
and
1—
from
Net
4,402,901
2,297,249
10,151,621
bonds
to
Railroad
a/c
is
Secretary,
$417,372
railway—__
Jan.
Net
4,878,983
$4,490,725
976
Excise
Strickland
$488,468
195,787
railway.
oper.
From
"Include:
$358,954
—
•
Net
ry.
7,295,973
10,736,890
income
frcm
Net
635,232
7,490,157
J.
and
D,. Clive
1949
from
Net
123,545
1,463,640
and
May—
85,305
74,384
debt
Lawrence
Treasurer
Burlington-Rock Island
16,070.972
1,489,611
debt-
fund,
is
McCutcheon
Betts, both
of Canadian
Breweries, Ltd,—V. 169, p. 375.
14,392,503
17,271,107
208,767
Manager,
McDiarmid
Wallace
than
Conting. int. on fd. debt
14,110,041
deductions
mtge.
&
chgd.
3,072,715
;
other
on
955,773
135,603
$387,724
^
income
on
int.
845,127
—
funded
on
int.
Fixed
-V.
Gross
830,257
plant
income
income
;
Interest
Cr35,343
203,369
3,544,024
chgs.
int.
1949—12 Mos.—1948. !
$1,777,929 $25,787,528 $20,443,379
168,691
revenues
lease
Operating
Other
1,897,145
■■
new
board
is entirely composed of members
engaged in the
management of the company.
In addition to Mr. Taylor aS
Chairman of the board, George M.
Black, jr. now assumes the Presi¬
dency, Ian R. Dowie has been elected Executive Vice-President ami
"Deficit.—V.
(net)
Other
31,796,828
14,006,223
13,147
Jf
i
The
active
27,243,468
3,037,044
"
.
156.440.053
129,196,585
217,651
income
Fixed
28,770
oper.
for
35,559,914 158,621,939
28,352,645 126,825,111
7,207,269
(net)
deductions
Tax
Net
Rent
$
or\etire.
appropriation
$266,54(5
169, p. 373,
,
$
796,099
_—
126,344
taxes
Prop,
received.—V.
Taylor, President of the corporation, has also been
elected
of the board,
succeeding James A. Bohannon, retired.
•
George A.' Ellis,. New York attorney,
has also retired from the
board, along with Edgar A. Hahn, Cleveland
attorney and LorliM
Gelbach, Cleveland banker.
7,000,545
income
120,085
A—-—
taxes
Other
$229,298
revenue
Brewing Corp. of America—New
Chairman, Etc.—
1949- -5 Mos.—1943
$3,541,377
Arkansas Power & Light Co.—Earnings—
revenues
;
loss
"Adjusted to reflect additional mail
Railways.
2,914,080
oper.
rents
ry.
Total
Period End. May
1
/'
•
ry.
Misc.
Operating
State
266,546
140,500
Chairman
Month—1948
34,373,953
27,373,408
rev.
expenses
oper.
Other income
2634.
p.
the Argentine
$2,717,731,
369,798
depreciation
a
-Earnings—
1949
*Ry. tax accruals
Equip., rents (Net)
Net
$715,756
_
169,
Aires for
Buenos
Rochelie, 111.,
2206.
p.
"operating
Railway
Railway
p74.
Period End. June 30—
75
of
Co.,
rate of nine locomotives per
diesel
locomotives
purchased
by
*1948
$3,810,709
charges including
adjustment!.
!>■
Net
Locomotive
$
Angerman Co., Inc.—Sales-
—V.
Telia
credit
the
at
75-ton
Period End. May 31—
Jc^nt
Sale's
filling,
854,415
$1,272,619
813,346
—
per common
di
M.
169,
Whltcomb
the
for
order
an
A.
that
currently
Baltimore & Ohio RR.-
1947
$7,044,335
———.—
Common
1948
1,407,319
—.—
profit
Earnings
—V.
is
1949
Edward P.
1949
$6,417,892
—
income
announced
after
Works—Argentine Contract-
Corp.—Earnings—
Quarter Ended March 31—
Gross
Loss
1986.
subsidiary,
t
31—
Gross revenues
$91,463
Tax
—V.
Profit
$40,332
Baldwin Locomotive
of
T.
the
Bell System relations with
Government departments and with other communications com¬
The appointment became effective July 1.—V. 170, p. 2.
Vice-President
Miller,
profit
*$139,953
»
Braniff Airways,
Inc.—Earnings—
Vice-President of The Chesapeake & Potomac
Macarow,
Telephone Companies,
1,480,500
981,033
2415.
p.
Quarter Ended March
Net
$1,940,7)30
$249,812
113,264
Profit from
$1.07
29.983
$503,288
2,872,863
117,066
$191,596
of
<
income-
oper.
Rentals, int., etc
Contingent charges
$3,239,061
3,020,894
plant assets—
etc.)—
depreciation
$35,008,904 $38,594,152
28,229,238
31,237,854
891,550
3,007,817
3,221,524
285,424
1,337,368
2,009,310
38,697
171,067
185,434
5,687,031
625,763
263,253
income
Gross
period $229,027 of
1
rents—Z>r_r_
1949—5 Mos.—1943
$7,587,312
rents—Dr—
ry.
Co.)
—_——
machinery,
for
Drill
31—
$575,000
$433,000
$0.78
$391,413
$0.61
taxes (est.)
and class B share
after
Earns, per class A
Republic
March
expenses—
and
Provision
1
Ended
sales '(including
toolmaking
(Including Domestic Subsidiaries)
.
Quarter Ended March 31—
Net
Other
Nine
Net
$0.26
1949—Month—1948
revenues
Operating
546,213
Nil
'
598.
p.
548,435
548,472
RR.—May Earnings Decline—
May 31—
Operating
the
and
Wet
169,
Boston & Maine
Period End.
$7,602,776 $12,473,751
161,917
1,326.253
*86,976
shares outstanding..
•Net loss.—V.
inauguration of service to Helsinki two years ago, AOA
has transported approximately 4,500 revenue passengers in and out
of the Finnish capital, 25 7o of whom have been carried between Fin¬
Monday, July 11, 1949
1947
1948
1949
$6,458,494
■
Earnings per common share———
airliners, is presently underway,
Since
CHRONICLE
(& Subs.)—Earnings—
sales
Net profit
,
gross
FINANCIAL
&
Quarter Ended March 31—
of the first transatlantic air service in his¬
tory between the United States and Finland, was marked by this cor¬
poration on June 27.
I
-
COMMERCIAL
THE
l after
Banville
•
"
''
40
was
years
service
with
formerly Assistaiife
Carolina Power & Light Co.—Earnings—
Period End. May 31—
Oper.
Fed.
taxes
Other
inc.
on
150,000
nrm
125,000
1,715,000
£527 037
S468 451
$3 137 825
8 211
a,2ix
424
it*
1 983,334
2,808,843
2,073 434
' 3,016,553
16n nnn
reserve
oDer.;
135 053
133,udj
,
revenues
'
net)
tnet).—
income
income
i
1
nm onn
1,500,000
—„
May—
862
CV1R94R
«4fiR«76
<S6?79RRR
182 923
.102,923
161 373
161,373
2 019 240
2,qij,240
income
l...:...:
$352,325
$307,502
$4,253,648
$3,904,347
780,440
780,440
$3,473,208
Gross
1 739 187
i,7J9,i»7
$3'123'Cor
•
From: Jan'
Net
Dividends
applic. to preferred stk. for the period
;
,
.
.
.
-
L
—
:
ry.
an™ai
vear
'
directors believed .that
the higher dividend
is? also-
rate
justified in terms of the earnings outlook but that its continuance
.
1946
«*<>» for each share of common stock outstanding.
127,118
"318,068
-
13,018;778 <11,474,186
- 2,304,337
1,568,429
9(475,548
"25,654
>
/
140,550
Rosenthal-also stated' that .in June, voters of the city of
'
12,122,734
1,458,111
335,988
romSomfv
each
advanced by C.rtatev
^
V
gr0UpS ln eaCh commuhity.—V. 169, 1223.
"1,347,385. \
233,012
784,945
In
eroUDs
Cleveland Union Terminals Co.-Partial Redemption-
-
v
,
for
•
67,457
income...
shire
that the
.
-
" ' 19W*
1—
oper.
'
tL
ended
Mav
31
194ft
Mr
RmtrUhal
™fe***£®nd*d **** Jl, 194ft Bte Bo»enth«l
^TndicaS the £SS?WliJ? of £JiS£2? th!
IZt
divK
^
commT
7 was naturally- related to the company's future earnings prog ess.
t
$2,677,925
$2,438,259
$1,580,167
This dividend distribution whl make Citizen's total dividend dis465,370 .* 457-11T
"32,757 ' tributions for 1949, 60 cents in cash plus 3/100 of a sha e cf corn-
"91,505
*D2l,cit^v- 170' p' 3'
V
•
-
Earnings
1948
$2,226,876
Gross lrom'railway..'..
Net from raUway_...L'_
Net
t?i>
1949
railway
from
•
annual dividend declaration to 35 cents per common share and estab; lishing. a 35: cent per share regular semi-annual basis. He stated!
'
,
.
iiiiri„lo
P,c(-
Net lrom railway—
Net ^ cPer- income...
649 s-4
charges
cnaiges..
inrnmp
-
3
to si.fn per share on the outstanding common rtrck, after alioainrfor
*
964n
d
Eastern Illinois RR,
S
*
'
$5 624 67?
*18
169
eqmpment' v* 169' P" 264°-
snn non
Interest .etc.,
etc
Intel est
rirn-«.
V
eouiDment
SZJSinn
appiopr.ation
™
Other
utner
141,650
247,136
,
(103)
fer^commof^Tre^oV1the S^ended^Dec "vi* SnT^nd
'
The ICC on June 24 authorized the company to assume obligation'
and liability in respect of not exceeding $2,060,000 Vfc equipment- 7
trust certificates, to be issued by the Continental Illinois National
Bank & Trust Co. of Chicago, as trustee, and. sold at 99.561 and ac,
crqed dividends in connection with the. procurement of certain new
rPtifempntQ
Pmnartv
Net
195,779
285,576
taxes
...J.
taxes
$2,078,667 $27,662,021 $23,657,861
1,096,430
14,653,294
11,741,006
$2,351,599
1,193,207
exps.,
CHRONICLE '
FINANCIAL
Equipment Trust Certificates—
'
"
1949-12 Mos.-1948
134S-Month-1948
revenues-.:.
cxcl. taxes
Operating
COMMERCIAL &
THE
Number 4819
170
Volume
'
•
'
...,.:.
.
Celotex Corp.—Earnings—
_
.
j
-
16,152,010
income
———
;
.
Total
for
other
income
Net
i*L-.
and
tax
taxes
income
738,719
263,000
- 9,000
of commcn stock.—:w—:
selling
and administrative expenses,
■
"Including
.
3l
•Period End. May
Operating
Amovt'.
Net
83,353 454
p.ant
01
Federal
income
33,„oo
•: 1,421,500
33>3Jd
• 'fl JSS'JSo
jl,622,823
254,386
long-term debt.
on
debt
and
prem.
:—
$241 800
41,800
0.1
Balance
•—V.
'
162, p.- 1987.
-
'
,
1949
,
from
railway....
_
.
T
^
t
rV
;
1,747,519
772,907:
.*
*
•
.
-
f
Net ry, oper.. income
Earninffft
jtarmngs
1948
.227,610
I'?941
1,159,941
1—
_
;
.
-
.
,
^
•
.
i
:
90,163,351
16?: P. 2748.
Central RR. of
;
Net
....
inconie-^
oper.
ry.
;
Deducts"Cfrmeross"incT~~
Ir. gioss ino...
-51*938
Deducts.
—y.
169,
——»
$477,729
income
;
/
Total
oper.
exps._™_-
-
Net oper.
370,413
5,422,887
$93,469
$1,065,417
955
3 826
826
■
.
^
Gross income-——
Tola!
int., etc., deduct,
Brtmea
'
■
■
$94,424
29,666
$64,738
178,000
•
and
inc.
i
Net
Pfd.
$37,002
income-.—,
dividend
stock
Balance
f
Charleston & Western Carolina
Net
ry.
'
1—
income—
oper.
.Chace Candy
earnings
in
deliverable
$267,403
65,510
*21,064
26,187
*43,765
1,925,662
408,070
1,481,685
*19,473
167,726
215,924
*137,485
!;
!
stock
hoen
reduced- to
—V
170
railway^—a
Net ry, cpcr_ income—
—V. 169, p. 2640.
.
the
years,
.
.
certificates, maturing semi-annuhlly over a pericd, of 15
proceeds to b3 used to finance a portion of the cost ol $5,032,156.—V. 169, P- 2748.
tiust
ment
equipment estimated at
Chicago Burlington &
•"
.
Or^f
from
NPt
from
Net
"
rv
y''
From
railway—
7
888,806
l
Jan.
ot;
Gross
Net
'
from
arq
ai%A
ll',759,579
5,464,010
Financial
3l'277
Slfnfm Dana Seibert .President
naJa Libert President-
m?uS
American
Onion
William
wi xam
FeMuirT25
$35.00
per-year;
1942.
D
U
927
S
Riggs
24 545 748-
S'the
post
69,586,293
17,800,255
5,801,924
8,047,819
On
account
of
n
.
•'
*;V;
$2,273,913
84.164
*140,359
.
i
'
V
0.8%
increase
over
3599ooo
x
the
corresponding
week
of
the
+4'1'
--0:3
P. 2749v
•
„.
•
+3 1
^
.
.
..
'
1949-Month—1948
,
..
taxes
——
)
nivs
on
nfd
subsidiariesMin
s
stk
2,069,259
25,605,941
350,859
358.059
4,261,109
4,486,959?
)26,455,106
26,008,433
4,194,215
'
3,6J7,3ott (2x,Ja3,o'/l
—m' '
4,348,137
-
,
4.227,598
■
-
55,486,714
1,307,980
53,828,726
,
ino
.
1,221>3j2 15,19°'110 14"j20'^6°
66,822
760,516
5,171 Crl,499,357
768,ooi
Cr537,679
744 315
703 339
179 825
157 313
157'313
^959,127
2,032,909
2,683,172
2,073,598
29,971,201
28,600,993
-
stockholders'
24 463,952
'
62,593
Crl29;749
of
^
lkottlw-flSSisM
2,248,859
taxes—}
prem. and expense—1
Other deductions——_
1349—12 Mos.—1948
t
ILOSSIMI
•.
.
•
Commonwealth & Southern Corp. (& Subs.)—Earnings-
Federal income
,■
% ^oT'
52i8ooo
212*508*000
4:_v-™195 231,000
General
.:
210
211 203 000
int
179'82j
^ ,stocKhol(lcr8>. intNet income—
'
^
9 097 115
l'959
127
P 447 94ft.
2
032*909
-L.
Court Approves Dissolution Plan—
.
.
The united States District Court at Wilmington,
proved Ihe corporation's amended dissolution plan.
Del.,
July
6
ap-
.
.
Also Declares Extra ot d% in btock
.
—
"'•""
'
"
regular semi-annual ensh dividend of
.
f-
Earnings
•
our
present
intention
to
distribute
the
securities
a
^urt order( it is
called
for
in
the
'''plan-^ to t^e preferred and common stockholders of Commonwealth on
0c,t1949'
,
*The pian, in substance, provides for the delivery for each share of
* preferred stock of Commonwealth 2 80 shares of common stock of
' Consumers Power Co., .55 share of common stock of Central Illinois
had been the basis for the past 2Vi years.
y
■«
I-»ight Co. and-$lJ in cash. By Oct. 1, 1949, Commonwealth's bank loans
Richard L. Rosenthal, President, stated that the consoJidated net
wilh have been paid and it is expected that there can be distributed
income for the 12 months ended May 31, 1949, waa $493,893, equal
to the common stockholders on that date for each share of such
The directors have declared a
2% common stock dividend on the'common
Etock, both paycble Aug. 20 to holders of record Aug. 1, 1949. The"
cash dividend 4s an increase from the 25-cent semi-annual rate wh.cn
,
35 cents per share and a
.
William B. Dana Company, Publishers, 25 Park Place. New York 8, N. Y., REctor 2-9570
Herbert D. Seibert,
Manager.
Published twice a week [every Thursday (general news and advertising issue) with a statistical issue
0613):- 1 Drapers' Gardens. London,
E. CI. England. Co- Edwards & Smith.
Copyright 1949 by William B Dana
at New York, N. Y.,■
In the rates of eichange.
;
-
21l'90o'ooO
Period End. May 31—
■
t
$2,520,695 .$2,4e4;277
283,890
398,621
.132,674
150,317
State
oftice
,
,
„T
stayed by
—
In Dominion of Canada, $38.00 per year.
the fluctuations
-
,
.
'219 704 000
_
t
5,272,880
6,017,220
under the Act of March 3, 1879.
remittance fcr foreign subscriptions and
*
Editor ^and Publisher;
on MonaayJ.
Other
Company.
Reentered
Subscriptions in United States, U. 8. Possessions, Territories and Members of Pan-
Other Countries. $42.00 per year.
'
.OTE;
an
nZT
lQ~
June
62,909,033
12,800.563
'■■■■
•.>.■■•
*96*,232
96,603
Following are the kilowatt hour output tota.s
Office)
Patent
Business
(TKe}'hone
75,327,637
17,006,800
.
14',877',852 ll!612',329
(Reg
Chronicle
William
■
80 950 4^1
§6 599 946
^"cper1Income^"
U
-
2,326,420
755,789 -
ft7 4R1
-q*mi
railway^-
73,079,889
17,277,535
Show Improvement—
$13,080,658
5,400,589
2,446,409
4,957,501
2,513,766
2 125,022
income""
1,159,067
6»0'«
25^223
.
194S
$16,836,384 $18,342,696 $17,221,531
railway
ODer
1
2i8
423,730
1,308,670
*14;329-
*5,690
$1,840,622 ;
Judge Leahy said it was regrettable that the -holders of the option
*140,049
warrants do not participate at all under the amended plan. However,
*374,622
he added, the SEC's action had not been contrary to law and its
■:
From Jan. 1
■
v':"
.V• findings, were sustained by adequate evidence'. . !.
•
•;
Gro s from railway—a- 12,143,302
12,871,313.12,391,518 -10,448,685 ;
Justin R. Whiting, President, made the following statement July 6:'
Net from railway———
585,456
1,148,832. 1,937,009 _ Ar2'924
I am informed that Judge Leahy of the U. S. District Court in
Net ry. oper. income-—
742,69o
"482,007
448,281 1,455,431
Delaware has filed an opinion approving the plan of The Common*Deficit.—V. 169, p. 2526.
\v
'
-•
wealth & Southern Corp. fsr the dissolution of the company and the
! , - •"
" "
• ;
distribution of it's assets to its preferred and common stockholders. I
rifl-ionc' TTfiHiioc fn — Tnrrpacpe oemi /vimuai Diviassume that an order approving the plan will be entered by Uxe Court
Vmzens
uimues to
increases qPmi.Annual uivx
imdue course;
If such an order is not
dend
1947
1948
1949
from
May•
Gross from railway^—
Net from railway
Net ry. cper. income—».
Quincy RR.—Earnings—
.
showed
25
ago.
June
date
844,987
1946
$130,271
3,463
"4,892-
1947
Chicago St. Paul Minneapolis & Omaha Ey—Earnings
th^ffnding^'an/cracfusions ol, the^SEc"^uiaf'tw
1949
1948 ' / 1947
1946 ' Assets and their distribution was supported by substantial evidence,
for
,
■
June
year
June
v
year to
were
CyOWMoflweaJtn^fEuIsoii Co. \weekly Output
ifdlsonH1^ for the wesk
excluding sales to other electric utilities, a,d ^Sobi>t?d<
-
-
SGCondsry Offer*-
From Jan. 1—
Net
2
p
!
Gross from railway
> '
*
'
/
:
Chesapeake & Ohio Ry.—Bids on Equip. Issue—
Comprnv wi.l receive bids July 12 for the sale of $3,990,000 equip-. .
;
and
shares
-
1948
^
tion adjustments—^
ui>
may
439,528
'
$154,784 ; $131,819
345
*732
18,535
6,269
Prov. for depreciation—
| Amort^ of plant-ocquisi-'
9V.r
•
and
FarnWc
$155,607
wK"
.
;
shares of 5% ■ convertible cumulative
series A ?nd series B
uoon conversion thereof, has
$10 Per. share, according to W. A. Yantis, President.
for
offering
1949
-
^
"Vy.
_
companies,
.
,
iorSaI°^mon Bros. & Hutzler,
p
N3t ry. oper. income—
.
k
exchange
Brothers
fnr
.
,
® weenv»ie liy,—itarmngS—
"
'
^
qqw
.,
past four weeks and percentage comparisons with 1948:
.
Co^-^hange i|^Coi»veralon^Mc»—_
whf/h common Ttock, par value $1 per share,
Slfr*1™"'^"hare^
V. 169, p. 2748.
recent
3.
oper income™
74^76
'"Deficit.—V. 169, p. 2416.
a
i.
- I
:
^
,aAQ,QAn
iaAa
May—
1949
1948
,1947
1940
Gross from railway—$14,403,598 $15,291,992 $13,876,449 $10,881,284
Net from railway-2,872,468
3,675,752 - 2,880,933/ ,1,363,392
'
194b
.
$377,293
•
?74«"
n
C/liic&ffOj-Rock Island & Pacific RR*
169, p. 2416.
-♦Deficit.—V.
nre'erred
1.947
2,128,324
368,086
281,263
83,358
railway—
Ifio
pA„i,
I04fi
1Q47
$486,052
121,651
76,753
!
2,102,147
'
railway—
from
from
$408,675
•
1948
1949
Gross from railway——
$415,848
Not from railway.
—'
52,862
Net ry. cper. income—
9,625
v'*
the
p.
l
Ry.—Earnings—
1Q48
loan
From Jan.
■
of
ing—A secondary distribution of 64,700 shares of com- ■' ■ Gross income—.—
$223,772;;i.-mon stock (no par) was effected July 7 by Blyth & Co.,
Int. on long-term debt
Inc. at $28% per share net..Dealer's discount $1.
i■: Aihwt"V'dS di^t/
.
May—
Gross
——
$27,646
$23,910
—-
^
^
t-? S llnn
ifnfnHvi
and Lehman BrothCTS (Jointly).
99,588 for 2/4s.
.
^
r
5i Sa^'fS ?)'?
157,102
157,102
i3f092
—
169, pp..4746 and 1987.
Net
$380,874
$565,777
-
13,092
i
-v.
Lehman
and
Inc.,
4,233,440
331 781
71,031
-I '■
Net ry
C°' *iInC>) "•O34 ' for 2%s; V
l25,000:!-;-
-•-—r-~":
$40,738
re-
quirements
Co.,
&
^^
f
n'lnw
11,000
Chgs—
spec.
Ripley
Harriman,
were:
61,976
Columbus & Greenville Rv
ended
certificates, maturing i.1, l-to-15
submitted for
WjgJ&J
for taxes based cn
Prov.
iq
years,
.
bids
Other
630,503
306,186
.
$743,777
* 24,000
2.446%.
326,466
wm
f.
0
$815,863
$1,069,243
27,175
$75,177
■
5,045,046;
share
pgr
•
May—
Grcss lrom rallTOy':—
Not from railway.....!
.Net ry; oper. income...
{[. From Jan. ;T—
-
{^sfd^^S^b switching locomotives; and two diesel electric
The Isste was awarded on a bid of 99 4793 a net
«st of
$815,042
r-197
4,644,041
1,106,399
294,041
772.467
TnftLun.
.
$10
i ;
Proceeds from the sale of certificates will be used to pjhvido m v
the following new standard-gauge railroad equ.pment estimated to
cost approximately $8,314,200: 45 diesel electric freight ,ocoipo-l\ex .
1949-12 McX-1948
$0,488,304
$5,800,088
$75,370
(net)
p
5,504,975
1,010(918
'
Curtis; Wm. E. Pollock & Co., Inc.; Freeman & Co.; Mullaney, Wells & Co.; and F. S. Yantis & Co., Inc.
;
>
V;
Corp.—Earnings—
424,302;:
income....inrntnp
Nnn-nnrr
$1,950,175
$2,044,008
.
July 6 $6,600,000
^.
5,291,877
'
Fenner & Beane, Otis & Co., Paine, Webber, Jackson &
'
—
1949-Month-1948
$499,732 ,•
$403,832
May 31-
revenues
954
$807,23#
77,238,
1,365
"5,125
"68,348
.
"Deficit.—V. 169, p. 2416.
?
.
.Central Vermont Public Service
Period End.
Operating,
1*633
r
$490,417
2415.
p.:
3,639,146
405475
^5i,yj8
——•
Net
$1,778,160
888,298
$1,649,871
824,811
1948
1947
$364,456
The stockholders subscribed for 1,040,302 shares of common stock
inclusive.- Issued under the Philadelphia plan, the certi- ;
fiCates Were reoffered, subject to ICC authorization, at .
prices to yield front 1.375% to 2.675%, according to
3^768,707
rnftturity/ Associstcd in the offering are A; G. Becker &
1 841*188 * Co. Inc.;'Hornblower & Weeks; Merrill Lynch, Pierce,
>
r,'.
Tnnironv,
Sr
1949—5 Mos.—1948 '
$7,505,344 $8,245,900
1349—Month—1948
awarded
-;Were
58,^89
x
....
1948
*
deregistered.—V; 170,
.
2%% equipment trust
V//,: certificates, due $440,000 annually Aug. 1, 1950 to 1964,
.
Pennsylvania—Earnings—
Period End. May 31—
Operating revenues
*$159,634 *$2,455,491-*$2,006,376
*$339,372
_________
....
111,586
1,037
6,505,898
3,107,641
•
income
169, p. 2527;
.
200,823
'at
77,993,283
18,728,232
——
.Dct.cit.-V.
1949.—'V.'
.
1349—Month—1943
1949—5 Mos.—1948
Net ry. oper. income—
*644,179 ;
2;181,404
7,326,709 '!
1
$3,249,980
$3,506,817 $15,747,587 $17,013,003
•
*314,097 i " "200,440
*2,191,881
*2,237,593 !
v. lbJ, p. ^b4Vr •
>•. -..v^
v
Gross income—*126,026
47,830
*1,384,383
*960,954
Tmai PDr+i'
Deducts, fr. gross inc._4
213,346
207,464
1,071,108
1,045,422 *
Chicago & North Western Ry.—Equipment l^USt.Certl- ficates Offered—Halsey, Stuart & Co. Inc. and associates
Net
1,363,284-
3.251,185
Columbia Gas System, Inc.—Stock Subscriptions—
2,104,609
1,189,418
1 912,033
i ifiirn
3 657 270
7 oai inft
7R7'77R
37 ,2'787'738
$1,025,961
i"
income—
oper.
'
'
1949
From Jan. 1
t
Gross from railway
Net from railway..^
Net .ry. oper. income
*
•
12,377,964
Period End. May 31—
ry.
2
'
$1,035,195
Operating revenues^
Net
3,191 404
2 117 017
'
.
»2in4fin9
96,748,063
railway
from
4,970,416
Net from railway......
Net ry. oper. income...
" \ 1946
iRftJin
8,281,452
Net
44,058,
Tm327
2,600,004
...
147,710
Colorado & Southern Ry.—Earnings—
'
Grots from railway—93,695,451
'
630,008
Mav
.«
7;':'
<
1946
$391,359
1947
$1,501,209
676,245
, , 39,876
____
May—
3,972,14ft
278,340
365,108
1947
1949
,
1948
$1,785,703
730,016
669,900
614,035
Gross from railway—_
railway...! $18,569,069 $19,202,388 $18,749,386 $13,581,166
'
1949
$1,597,608
'
18,230
■"
•■
fund'
it.
barrels for the five weeks ended May 2,
>
.
136,805
Y.
in'
N.
moneys
*i-kiig
5%'
ended June 27, 1949 amounted to 364 883 barrels comnared with 347 2
945 barrels for the four weeks ended May 31
1948, and 308 31*8
"119,301
,
mort^aep
Colon Development Co.—Production
1946
$763,637
198,979
*6,356
York,
fund
The company announces that its production for the four weeks
.
.
6,116,933
818,365;
7,620,106
-'-.t-'
;
From Jan.
.
.
..
:
^'Ghoss from
May^
501,606
.
..
Chicago Milwaukee St. Paul & Pacific RR.—Earnings
—
$2,289,203
$2,386,824
204,357
224,313
t>*>
Net rv odOt income
—V. 169- p ' 25"6
"647,243
■
New
mo^ 4^ diln* S ^
^ «rie"T and^
May-t> - . :
Gross from railway—_
v
7,370,353
1,004,777
first
Mo gjn & Cx
P.
sinki.-g
eiincnrieia UK.—Earnings—
963,982
.
_
419,717
151,724
"10,993
current
comoanv's
Net from railway
1947
$1,309,540
1948
•
the'Terminal
•r,KwJ»l»iW«r
-
1,065,155
J-
_
"Deficit,—V. 169, p. 2526.
101,844
.
Central RR nf i^ew jersey
Genirai liii. 01 New Tersev
at its office,
2,735,504
a
.
From Jan. 1— •
that
borids, series G, having been exhausted, no bonds of these se.les have
been drawn for redemption on Oct. 1, 1949.—V. 169. p. 3:
12,423,761.11,041,215
$1,633,886
$1,436,457
was announced July 1 by J,
fund trustee, 23 Wall Street
announced
..
,
...
.
_
to
goia; bonds,
—
19
also
trustee
respect
Chicago. Indianapolis & Louisville Ry.—Earnings—
May—
9.169
>
$241 800 $2'?0l'605
41,800
501,605
$172,049
„
Sa'-n? - V Net ry. oper. income
from railway—...
Net
:
—,
$167,792
Divsfc ouCufd" stock"""
pid. .lock
Divs.
:
9,169
261,658
7"4
16,419-
764 "
2,876
(Cr)!_
The
W1N<1^;
515 180
158,884 Net from railway
f^ ■ r>n
181,5.2
77,530
,
,
-
,.
-
562,959
;
Incorporated; sinking
•
$2,52MM
l,285,912
1,006,274
••
$3,261,094
Grcs3 flom railway....,
-(.v..562,959from railway—.T_
"V
- ' Net ry; oper, income—
$3,198,901
46,913
'
expense—
deductions
Other
$245,107
46,913
disct*.,
gold, bonds, series A,
,n/„
™a% $2^Hl2
566,562
748,952
155,421
318,820
$2
P" 2416i
1
1,385, i03
l,78o,800
,
-
11,735,400
$254,393 \
income...:
Gross
Int.
railway____
^949—12 Mos.~l948
.
,
at }05~ l?TShe !inklng1/fu/nd<c?1< °ct; h
1949, of $95,300*principal amount of first mortgage
sinking fund
„
fiatf
to
\n*a
3,548,907
1,351,250
270,810
vfap
iwn
3,122,548
8,110,298
,
iutav
.13,845,403
—
Amort. «.of
far
tohV«t!TO^:.
Gross
taxes..J
July
(CDT)
noon
"
$1,267,281 • $17,438,299 $16,294,146
116,250
-v
up-to
.
Co.—Earnings—•'w;1>'Net ry' oper income—
618,237; r 9,059,674
adjustments...^
.1
rS
bids
13,189,345
acqui-
Genera taxes
>
,
__
^i
.' Net from railway.'.....
.
•
,
From Jan. 1—
121,550
.
receive
we. ry. oper. income—
$0.41
$3.56
but exclusive of
676,013 C
V
expenses:.-.
depreciation
for
Prov.
«.
a
Gross from railway....
i949—Mo nth—1948
revenues—_——$l,35o,067
Gross
Aug.
on
111—V.
„r
FARNTNfjt?
>
Gl^om
deprcclatiun and depletion.—V. 163, p. 1105::-v.
■ '
!;•
"
'
'•
Central Illinois Light
t,.
the full
surrender of
of
Chicago,
will
"
.
A;r
86,652
,
$506 739
-
.
Chicago Great Western Ry.—Bids on Equip. Issue—
Company
2,1:2,000
Earning.- per share
Bank,
,
borids due Oct. 1, 1952,
1, next, at 100 and interredemption price will be made:
said bonds at the Live Stock
151, p. 3390.
redemption
and
..
1
309. West
618,025
::
.
..
'
-
Jackson Boulevard, Chicago, for the sale of $6,150,000
*25l!509' •» ...equipment trust certificates, due semi-annually Jan. 13, 1950-July 15,
r
surtax
-
payment
.
$6,447,642
—2031772
•
...a
and depletion....!.
depreciation
normal
National
■
$1,721,231
deductions
other
Provision
Federal
for
<t,-oro
oAi
cftg
$1,506,247 $o,252,657
'
"
~
_
income
•
.
presentation
upon
20,376,593
«i
.
called
Immediate
est.
..........
;
..
.
of the outstanding first mortgage 5 /c
been
have
$17,G58,258 $2o,b29,251
ir.^orv.0
Total
■
.•
1948
•
allowances
frei&ht.
*
'Cost of sales.
Cther
Chicago Grain Corp.—Calls 5% Bonds—
1010
1949
•
•
discounts)
M0f
■.<
..
..
.
April 30
deducting
and
«
.
6 Months Ended
:
•
advertisements must be made In New York funds.
4 *(104)
THE
common
stock
share of
common
share of
.35
stock
common
stock of Ohio Edison
The Southern Co. and
of
Theodore
weekly kilowat hour output of electric energy of subsidiaries of
corporation adjusted to show general business conditions of ter¬
212
compared
as
with
1948, an Increase of
ended June 30,
1949, amounted
to
311,278,-
for the corresponding
2.28%.—V. 170, p. 3.
304,341,860
6,936,352 or
week
B.
Fccke,
FINANCIAL
Mr.
Fccke.—V.
170,
in
General
July
on
announced
6
that
local
Local
cubic
the
increase
an
distribution
feet,
distribution
1949
week
in
ature
under
the
an
on
consideration
comparable
was
week
1948
77° F.—V.
was
170,
at
timore—Tenders—
Bankers
until
of
first
to
an
3
m.
Co.,
amount
the
June
Series
March
following
1,
R,
1,
sufficient
2%%,
due
fund
stoking
April
1,
Q
N.
sale
common
it
July 7, 1949. Morgan Stanley & Co. and
W. E. Hutton & Co. jointly head an
underwriting group
which will purchase any unsubscribed shares
following
termination of the subscription offer at 3
p.m., (EDT)
on July 26, 1949.
on
not
at
ex-
tain
P,
3%,
1976, 107%;
Series S, 3%, due
and
electric
installations
on
failed
to
The
to
contracts
for
operat ons
and
in
pay
of
full
reasonable
Under
terms
expenses
of Pennsylvania
v. 170, p. 3.
Consolidated
the
and
On
%
Water
Water
.'.•■/
v.
paid
■'
194°—-Month—1948
F
$2,172,036
revenue
Prov,
including
1949—6 Mos.—1948
$2,473,710 $15,919,869 $16,207,657
rate
1947
due
was
Deardorf Oil
See
$89,167,607
$82,486,462
3,732,312
49,915,948
44,852,742
7,848,666
■ ;'
r'1
-:.
11
I
683,083
•
8,668,606
dividend
a
It
'
to
A
Gross
Int.
25,000
300,000
300,000
945,926
(4,271,931
3.842,804
of
debt
end
nrem,
'343,444
-J
(Cr)
38.210
434,623
438,362
42,194
710,572
477,366
$1,383 882
_
pfd. stock
the
manufactures
$1,088,224 $14,471,024
280,753
205,420
$13,921,451
2,465,192
3,293,858
$1,103,128
———
Death of
M.
Cameron,
Continental
appointed
cording to R.
formerly
Overseas
Central
L.
Vice-President
Corp.,
Division
and
of
manager
Perin, General Sales
Cook Paint & Varnish Co.—Sales—
Period End. May 31—
'
parent
has
169,
ac¬
2417
p.
of
been
company,
and
of
the
next,
at
5%
Co.,
There
income
therefor,
100
Trust
$2,788,899 $13,165,98Q $14,256,424
and
been
interest.
trustee,
due
called
Payment
Bro'd
presently
ing scrip therefor).
and
Feb.
for
will
Chestnut
outstanding $81,821
1,
1952,
redemption
be
made
Streets,
of
these
and
scrip
Aug,
1,
on
at
the
Girard
Philadelphia,
debentures
Pa.
(Includ¬
$557,000
Jan.
and
debentures
have
are
The
1,
Interest
Trusts,
July
outstanding first mortgage 5% gold bonds, series
A,
1952, will also be redeemed in the near future at 102
at
the
trustee,
Vi
office
of
The
Pennsylvania
Philadelphia, Pa.
See
V.
Co.
170,
for
Banking
The
&
4.
p.
fair
a
value
sell had
to
disposal
10
of land,
call
been
for
of
1^49
Net
ry.
$401,300
in
the
Gross
of
the
Net
Gross
from
Net
from
S-.-'V • ''', to
'
.
Com.
shares
Earns,
—V.
per
168,
ry.
down,
Net
ry.
half
Lehman
storage
chests
brick
169,
of
the
property,
the
•••■'•
$5,110,739
'V
over
V
1946
110,477
653,702
*94,309
1,529,886
2,568,094
Co.
2,556,355
4.36%
a
sale
of
that
bonds
to
will
$289,227
339,433
Net
made
$0.76
Net
ry.
Gross
The
groups
bids
seven
the
won
for
its bonds
as
securities
27/8s,
v
\
from
to
&
Rio
in
of
Street
this
Leo
and
corporation,
Avenue,
has
los
sold
railway
railway—
income—
of
preferred stock, were: W. C.
dividend; White, Weld & Co.
for a 4.28% dividend; Morgan
April
time
to
30,
the
on
1949.—V.
basis
170,
p.
Western
from
the
Trust
Co.,
Co. of
New
York, which
term unde* provisions
calling for the
one-story
Work
is
manufacturing
the
on
expected
to
new
be
plant
plant
has
construction
office
under
about
year,
I08
back
of
169,
p.
for
ry,
a
long
a
200,000
a
sq
ft
$5,162,392
of
453,237
2,081,424
1,347,219
27,616,134
25.770.971
1947
,
$5,707,744
808,096
construction
which
time
Western
present
location
1224.
from
Net
ry.
$3,634,331
952,748
8,739
632,278
*252,197
21,801,687
<2)
(3)
Net
Curtiss-Wright Corp.—Buys 446,652 Shares—
corporation
chase
tendered
it
prices
by
of
e
rated,
-atCC5
will
at
$4,202,147.
m
5
announced
that
by stockholders had
ranging up to $9.75
All
WaS: accePted-
approximately
d
July
stock
common
amount
on
the
74.09%
tolvthie Pi?"
stock
of
per
tendered
Stock tendered
which
at
was
446,652
been
at
$9.75
shares
accepted
share
per
accented.
share
a
to
was
Tenders
int° Kffect June L 1949>
receiveS'Jnt prompt"
up
of
for
for
price/;
ry,
—V.
railway
railway—
oper.
169,
in
$9.74
pro¬
were
du
Pont
grants
terminated
"«n accepted
sales
The
$421,459
$248,676
195,280
167,857
Income
Number of
Earnings
—V.
after
90,351
53,184
8,039
$2,826,823
$2,854,644
$2,555,690
$1,631,556
1,410,324
1,487,049
1,325,930
641,493
528,381
-489.933
478,251
153,313
and
shares
per
outstanding.——
share
169, p. 2750.
the
producers of
public, rayon,
world's
largest
vehicle
motor
defendants
du
Pont,
suit,
of
all
which
the
whom
of
is
Investment
du
S.
Pont,
prominent
are
described
of
companies
its
comparable
as
the
old
about
40
10,000,000-share
du
Standard
years
ago,
investment
in
Justice
suit
aimed
and
were:
Pont
by
du
States
Pont
5%
(2)
The
of
General
of
in
it
Motors
du
license
under
General
the
that
of
policies
of
it
specific
three
has
related
Motors
expand
and
and
their
and
enlarging
both
is
.General
charged,
has
fields
certain
its
products
1,086.434
1,062,434
of
$0.74
$0.99
by
du
Pont
sales
to
Pont
of
through
existing plants.
quantity products
the
Rubber
automobile
"forced"
were
and
automobiles,
to
the
its
own
expansion
and
by
United
under
systematic
General
complaint
preference
new
automobile
using
States
"closed
and
been
and
the
also
General
du
bonus
Pont
of
and
sold
preferential
the
of
expansion
required
same
of
of
Pont
General
and
majority
company
the
of
011
to
States
tires
higher
for
make
the
company,
(started
amount
has
directors, officials
in
tubes
of
of
executives
to
for
other
Heneral
more
re¬
the complaint stated:
known
1923)
received
at
Motors!
Rubber
and
prices
executives
Motors have
which
prices
products
General
United
on
asked
system
to
as
du
the bonus plan
bonuses
the
so
from
These
competitive'*
practices, the complaint said,
Motors
and
incentive
the
personnel
stock
committee,
of
and
These
tracks
operating
the wishes
entire existence
and
profits
Rubber.
non
manufacturers.
executive
cash
rebates
Motors
added,
to
and
cars
that' the
had
by du
fields of manufacture for the
guaranteed market" for sale
new
and
Motors
charged,
was
granted
sold
price
posed
each;
of
conditions.
du
Pont,
a
by
from
-
General
it
enter
"closed
subsidized
to
made,
products
"The
the
and
utilized
facilities
own
products.
sponsive to
1,054,403
needed
States
companies at higher prices.
enabled
du
Pont
to
"subsidize"
$10,694,327
Motors
been
charges:
expanded
United
the
were
(5)
give
the
for
manufacturing defendants purchase
manufacture
tubes
of
market
du
and
65
pages,
accused
the
Sherman and Clayton Antiways to deprive independent
the
of
control,
company
Pont
du
its
Motors,
products,
of
patents
charges assert that the du Pont Co.
family control the selection of officers
Pont
these
and.
holdings
General
companies.
(3)
sales
Ethyl
comprising
number
a
This
listed
chemical
their
of
between
competing concerns and enlargement
alleged, enabled du Pont to produce in
is
the
:
v-
the
refrigerants.
acquisition of
This,
in
dealing with the sales
to
violation
These
shape
Pont
interest
fuel.
information.
requires
du
stock
motor
contracts
Rubber
complaint,
the
complaint
du
and
existing
agreements
and
'' vVi
its
manufacturing interest in tetr££thyl lead,
Pont
all
business.
of
of
gasoline
manufacturer
of
States Rubber.
to stifle competition.
The
yyVy;
:
of its
Corp.,
directors
Motors
1948
of
splitting
regional
the
by conspiring in
of
Alleging
O.—Earnings—
Pierre
were
chloride.
United
806.008
_
to
the
of
Pont
of
production
members
and
$12,486,110
taxes
known
Delaware ° Realty
and
du Pont family.
and
Motors
Pont
ethyl
companies
Laws
companies
equipping
Federal
■
York, an international organization
$250,000,000.
at
anti-knock
United
of
defendant
Trust
74,711
61,330
1949
members
,
/•:'
government's
product
1946
-
$512,674
263,773
v
,
Corp.
This
$560,000,000 investment represents
General Motors, which has 44,000,000 shares out¬
licenses,
exchange
(4)
RR.—Earnings—
-
leading
Wilmington, Del.,
the
brought
du
General
of
and
of
tires
Quarter Ended March 31—
Net
by
in
and
automobile
Net
of
best
Detroit,
the
of
,v'/1,
by
Kinetic
to
Diamond Alkali Co., Cleveland,
including
were:
of New
number
Cancellation
purpose
the
pur¬
total
of
that
one
Disposition
the
(5)
Pont
income
of
enterprises.
by members
fluid
(4
truck
2527.
p.
Co.
other
from
Corp.,
Delaware
companies
.
those
Co.
Pont
a
Sale by du
ethyl
1,006,213
railway
income—
from
&
companies
;
2.0Q9.2P2
oper.
holding
.y
maker
2,663,285
$480,302
and
Motors
•
Sale
Corp.,
<M°5125
railway
Depart¬
Motors
action, in addition to the corpora¬
defendants
among
objective
the
into
Sale
4,938,485
1947
anti-trust
an
Justice
Co.
>-
steps sought by the Department of
break-up of the du Pont organization
holders."
21,315,824
'
being
individuals,
'
Corp,
du
ownership
7,512.114
1948
in
the
General
Securities
two
civil
100
Nemours
holding
to
3,462,191
"
Sues
family of all their holdings in
the United States Rubber Co.
The family's holdings are said to
repre¬
sent a 17%
interest and "sufficient to give them
control, since the
remaining shares are held in small amounts by about 14,000 stock¬
•
From Jan. 1—
Gross
the
in
among
individual
du
Pont
and
Irenee
6,402.834
1949
from
last
by
were
Christiana
30
June
Chicago,
substantially all their requirements for
other, thus freezing out other suppliers.
1946
$4,507,673
-
Co.—Government
sought
was
Court,
the
Co.,
Securities
General
(1)
property
2527.
p.
Detroit & Toledo Shore Line
Net
The
169,
May—
Gross
de
disposition
the
of
Net
and
way
at
operations from its
Street.—V.
Co.,
building.
already
in
a
Paper
plot
at
Sheila
The
Mutual
Life
to
leased
Is
completed
^aoiCn % 11?fv1e d
at 910 East 61st
and
Calif.,
it
railway
railway
oper. income—_
♦Deficit.—V.
Co.,
4.
RR. —Earnings—
1948
&
defendants
currently valued
chief
rubber
from
from
Net
*90,733
Other
(jointly),
nine-acre
a
Angeles,
Risurance
Waxed
149,538
98,273
cellophane, anti-freeze.
Motors
standing.!:
at
;
From Jan. 1—
Western
1,108,500
398,131
129,424
District
including
two
the
addition
dividend; Blyth & Co., Inc., 100.45
time
Grande
oper.
Net
1,502,800
564,135
Nemours
corporate
Pont
"trust"
the
at
?
,
and White, Weld & Co.
100.3191
4.32%
a
subsequent
from
Gross
1,978,800
130,110
*143,733
family.
nylon,
scope
23%
July 1,1979 and 50,stock, cumulative (par
19^9
from
$0.15
*30,774
1,391,700
than
more
assets
The
that of¬
groups
approximately $4,500,000 of the proceeds
initially be deposited with the New York
withdrawn
be
*7/82
21,750
families.
leaders in the
Securities Offered—
—
Net proceeds from both sales will
be used to finance a portion of the
construction porgram of the
company and its two subsidiaries.
It is
trustee,
du
Lammot
17,055,149
in
two purchase
dividend.
anticipated
74,693
13,842
company
Rubber
Pont
lines,
with
723,047
(jointly),
Stanley & Co., 100.54 for
for
I.
Corp.,
V
^
The First Boston Corp.
&
1945
$167,500
corporate
defendants
as
Christiana
1,806,012
Competing bids for the 50,000 shares
Langley & Co., 100.43999 for a 4.28%
Shields
1947
$287,500
*7,825
United States Rubber Co.
101.77; Halsey, Stuart & Co, Inc., 101.734; Morgan
Stanley & Co.,
101.7107; White, Weld & Co. and Shields & Co.
(jointly), 101.6551;
Kuhn, Loeb & Co. and Salomon Bros. & Hutzler
(jointly), 101.58;
Union Securities
Corp,, 101.536; W. C. Langley & Co., 101.40.
to
and
1948
$328,900
50,225
manufacturer.
5,330,081
4.28%
received
tender.
winning
were:
the
as
principal
1,200
$2,865,399
654,920
of
Investment
du
plastics,
k''A'-;
Ry.—Earnings—
$253,900
44,079
de
Federal
were
the
E.
a
1,302,063
'
117,466
*36,735
2417.
p.
Pont
Pont
du
The
•
balance
$4,672,195
1,260,441
360,361
161,720
j":
169,
States
tions,
„•/.'"?%
with
470,539
256,713
2528.
p.
income—y'
in
the
but
21,843,098
2417.
p.
dividends.
company
the
These
339,433
that
.■*..
2,290,658
139,616
"74,365
•
169,
Named
&
of
competitive sale July 6 on bids of 10L8199 for the bonds
and 100.7199 for the preferred.
$0 24
1
•"
income—
du
filed
ment.
War
space.
5,248.573
Brothers headed
accrued
339,433
July
1,641,650
Realty
building
preferred
$100). The bonds are priced at 102.54% and accrued
interest and the preferred at $102,375
per share and
$0.08
on
2,110.893
•
railway——>
railway—ito/
income—
I.
United
corrugated
a
24,061,785
income—_
shares
339,433
i.J.I.t .was ?nnounced
division
3,292
2,576,399
1—
Dissolution
suit
and
21,620,082
3,559,399
...
May—
Crown Zcllerbach
Corp.—Unit Sells, Then Leases Site
for New Plant—
23,344
37,475
Company to Force Sale of General Motors Corp. Hold¬
ings—Anti-Trust Suit Also Names U. S. Rubber, du Pont
Family, GM as Defendants-
'
fered publicly July 8 $10,000,000 first
mortgage and col¬
lateral trust bonds, 2%% series due
$83,459
share
$320,938
69,980
78,579
oper.
General
Delaware Power & Light Co.
$111,549
249.
$422,056
113,985
*16,829
from
E.
1778.
■'
337,112
railway
oper.
$54 719
outstdg
com.
p.
1946
$536,500
27,303
income—
Included
railway
"Deficit.—V.
additions
1947
1946
railway
railway——
from
conditions.
on
•'
1947
oper.
first
unsuccessful.
20%
;
Income
oper.
Denver
1948
*1,806,152
1948
From Jan. 1—
reduction
business
two-storv
a
years.
railway
$4,505,667
railwayi—a
775,619
from
Co.—Earnings-
Quarter End. April 30—
profit after taxes—
Net
*1,325,844
402,400
...
2527.
from
ry.
and
(1)
Crowley, Milner
1,449,585
790,730
1,157,686
.
p.
railway
railway
from
Net
the
on
11.
since
it
from
Net
The
169, p. 801.
certificates
per share
quarter
Delaware & Hudson RR. Corp.—Earnings—
May—
7;fur 1940"
''
1948*
1947
y
to
1949—6 Mos.—1948
County Gas Co., Atlantic Highlands, N. J.—To Redeem
5% Debentures and First
Mortgage Bonds—
All
of
•>'
.
1949—Month—1948
$2,695,227
„—„_
—V.
placed
efforts
; Terms
period of
000
Manager
subsidiary,
the
Manager,—V.
2641.
Sales
General
wholly-owned
a
sales
1,116,155
4,606,122
1949
Net
is
Continental Can Co., Inc.—New
Appointment—
W.
had
Assets
this company
and one of the or¬
Power, Railway & Light Co., a predecessor
of The Commonwealth & Southern
Corp., died at his hom* in Englewood, N. J., on June 30 after a long illness.—V.
169, p. 2312.
2,569,169
8,367,941
$51,850,000
Oil
ganizers of Commonwealth
2,709,354
$441,483
oper.
Named
acres
$2,860,622
1,351,920
railway—
railway
from
ry.
acquired site.
The property consists of six
$882,803 $11,177,166 $11,456,259
Director of
a
169,
"Deficit.—V.
Gross
providing 68,000 square feet of manufacturing space and
asbestos building providing
32,000 feet of warehousing
1946''
V
1947
$5,032,758
3,148,907
11,143,806
2,416,052
lrorn
Net
George E. Hardy—
George E. Hardy, 80,
_
oper.
Net
.
expects to spend an additional
consolidate both its present plants at
and
are
1949
the
household
loans
2,752,295
from
Groos
*
p.
divi¬
12,981,005
2,816,247
._
income—
oper.
the
in
national
bank
pre¬
ahead
of
•Earnings—
1948
3,669,931
_
From Jan.
Corp.—Drilling Pact—New Interests—
improvements
on
Net
Balance
from
ry.
From Jan. 1—
income-—
on
ni)(j
54 802
_
that
earnings
also
new
placed
<
Duluth Winnipeg & Pacific
record
each
the
payment
company
3,725,988
railway
raUway—_
from
cents
of
as
$6,059,350
._
income
♦Deficit.—V.
which
company,
Gross
Off
Net
ry.
.■
7,831,448
$1,427,668 $18,329,460 $17,810,750
345,428
4,134,393
3,928,301
disct.,
°xppn*Q—
deductions
Net
Divs.
$1)708.030
long-term debt-
Amort.
Other
(7,681,592
income
on:
15
share
long
prevent
4.
p.
1949
oper.
Net
and
to
-,.$6,276,969
from
Net
July 1.
on
repeated
25.000
1,143,121
Federal Income taxes.
of
holders
per
stated
wa3
reduced
and
'
taxes
ry.
approximately
stock;
170, p. 4.
sinking fund for
security could be
From Jan. 1—
Gross
war
assets department of the General Services
Administration
approved the sale of a portion of the Port Johnston
Terminal,
Bayonne, N. J., to this corporation for $150,000, it was announced
1949—12 Mos.—1948
$6,818,990
770,416
Net
up to
April 30,
the remainder of
in 1950, 1951 and
preferred
sharp
Duluth South Shore & Atlantic
Ry.- -Earnings—
cer¬
.
as
170,
May—
Decorative Cabinet Corp., Kearney, N.
J.—Buys Plant
$150,000
3,870 470
depreciation-
of
from
Gross
this
;v_
stock
V.
railway
railway
.
Graham-Paige Motors Corp. below.—V. 169,
the newly
194?- -Month—1948
of
The
$7 "21 C63
....
expenses
for
General
due
January,
dividend
This
Amort, of plant acquisi¬
tion
adjustments-
and
cumulative
B,
first mortgage bonds.—V.
stock, payable July 25 to
had been paying 30 cents
common
company
2641.
Period End. May 31—
Operating
the
3.75%
series
of
Net
"Deficit.—V.
financing, the* company will have 1,983,333
outstanding. There will also be outstanding
series A, cumulative preferred stock; 75,000
closets, advised the department that
Gross
spent
/ :
also
a
no
provision
no
Duluth Missabe & Iron
Range Ry
has
Consumers Power Co.- -Earnings—
,
of
3.75%
series
company's
fiscal
year
—V. 168, p. 1253,
Rendering
Sales-——,—J—
shares
the
stock
The directors have declared
„
equal
Pennsyl¬
the
Consolidated Retail Stores, Inc.—Sales—
p.
be
common
See
of
that
and
May— *
Gross from
Net
expended
during
new
lack
on
May—
were
of
:■■.<;
Period End. Jpne 30—
of
common
of
three
Co.—Secondary Offering—A
secondary offering of 19.024 shares of common stock (no
was made July 7 at $53 per share
by Lee Higginson
Corp.; Estabrook fk Co; Kidder, Peabody & Co. and F. S.
Moseley & Co.—V. 169, p. 2641.
169,
will
cost
acquisition
the
on
plan
preferred,
subctant.al.
company, to meet
1946 a construction
estimated
Dayton Rubber Co.—Dividend Halved—
contract, all operating :
by Consolidated.—
be
to
are
;
r
contended,
expenses
50-year
a
of
100,000
in
par)
V.
approximately $33,558,100
completion
shares
committee
that it has
and
systems
operating
of
new
the
into
run
to
provision
no
has
consultant, of San Fran¬
holders of the company's 7%
preferred
unfair and solicited aid in
combating it.
letter
a
the
based
are
issue,
operating
an
two
P*>vn«"lvania
constituting
company.
utilizing
billed.
amounts
withheld
sums
items
vania
to
in
aggregate
spent
shares
up
will
been
1952.
has b<""i <••■0* v* Pennsvlvan'a Wat»r & Power Co.
for $1,204,300 in the U. S. District Court at
Baltimore, Md.
This
action was taken to recover a sum
allegedly due for electric services.
Pcnnsylvan'a Water contended t.iat since 1D46,
Consolidated has
live
1948)
of which $47,689,700 had
estimated $6,752,200 will be
an
1949
1978, 100.97%.-
to
companies in
gas
1949;
company
failed
and
$88,000,000,
1,
Sued by Pennsylvania Water & Power—
This
The
program
Series
Jan.
labeled
($7
to its common stockholders at $26 a share at the
rate of one share for each six held of record at the close
this program during the balance of 1S49.
increasing demands for electric energy, started
which will carry through 1952.
The
program (including the construction and also
Y.,
to
Q, R and S,
$775,263,
due
104.36% ;
York,
the
for
interest:
2%%,
1181,
New
series P,
of
sum
accrued
pius
Series
St.,
tenders
bonds,
the
exhaust
to
Wall
receive
1.149,
prices,
105%;
1969,
16
trustee,
1,
Aug.
on
refunding mortgage
ceding
due
Trust
p.
has
dends
company
of
The
stock
Stock Offered for Sub¬
—
Net
will
cisco, Calif., who in
Objections
proceeds will be used to
repay
the company's outstanding
$5,000,000 of bank loans, the proceeds from which were used to finance
a portion of its present construction
program, and to finance a portion
Consolidated Gas, Electric Light & Power Co. of Bal-
-
company's projected lecapitalization plan
opposition from N. J. D'Ambrogio, business
4.
p.
Commercial Co.—Plan Opposed—
The
par)
3.
p.
division
stock
of business
2.5%,
Gas consumption depends
The average temperature in the
74° P., while the average temper¬
increase of
temperature;
airplane
scription by Stockholders—Underwritten—The
in the same week amounted to 739,600,000
721,600,000 cubic feet in the same week of
gas
with
year,
extent
great
a
of
the
is offering 283,333 additional shares of
elec¬
of
1.9%.
compared
preceding
to
of
of
of
tricity for the week ended July 3, 1949, amounted to 195,700,000 kwh.f
compared with 192,100,000 kwh. for the corresponding week of last
year,
Dohrmann
Manager
ferred
Consolidated Edison Co. of New York, Inc.—Output—
company
Monday, July 11, 1949
Named—
Dayton Power & Light Co.
The
CHRONICLE
Columbus, Ohio, has been named Vice-President and General Manager
as
well as a director of the Wright Aeronautical
Corp.^ the enginebuilding division. H. Fletcher Brown, Factory Manager of the airplane
division, has been made General Manager of that division to succeed
'
The
ritory served for the week
&
New Vice-President
.06
Co.
Weekly Output* Shows Increase—
this
COMMERCIAL
all
and
throughout
that
was
times
recipients
determined
been
employees
com¬
As
an
H
Volume
170
desires
and
the
of
du
in
the
know-how"
"manufacturing
complaint alleged.
group
and
needed
opened
Ant.-Trust
it
when
for
Division
Net
the
department
that'
it
disclosed
to
designed
that
The
is
the
text
of
'
statement
a
Pont
General
with
"On
and
"Since
and in that firm belief we wLl defend
position with the utmost vigor.
relationships have been a matter, of pub ic record
these
national
for
ferred
and
stock.
interest
The
Herbert
E.
Smith,
United
"The
Chairman
statement
following
in
to
States
Rubber
Co.
the
public
by
providing
the
"We
the
believe
of
that
a
it
that
extent
sign
like
company,
and
serves,
violating the
from
Net
ry, oper.
m
Gross
from
Net
from
Net
ry.
:
1946
63,194,606
11,683,369
4,613,515
income..
oper.
♦Deficit.—V.
169,
70,557,494
61,158,017
17,014,362
12,926,724
48,319,154
4,988,990
6,912,336
4,698,735
*549,264
says
Period End. Mar. 31—
Operating
expenses
of
electric
■M 62,669
:.. 62,470
•: 250 ,679
Fed.
inc.. tax
1,094,500
1,250,000
3,524, 500
inc.. tax
155,250
150,000
571 ,750
taxes)
come
Net
686,540
__
660,805 '
;
2,585,173
;
2,504,182
other
Total
4,134
$3,273,740
board
War
Total
inc.
in
Net
income
5%
•
1st
cum.
pfd. stk.
'
.
...
1,375,000
8,396,029
1,375.000
8,288,387
343,750
2,152,828
343,750
2,152,828
stock
Common
$2,617,260 $10,220,378 $10,147,293
$2,760,036
will
Dividend—
Eastern Corp.—Omits Common
is
and
May 2,
that
payable
of
this year,
action
no
cents
25
the
on
the
on
declaration of
share
per
vote
dividend
current
was
consolidated
Provision
for
Depreciation
view of
169, p. 2417.
"in
taken
income
taxes
depletion
5,709,891
upon
1.
:_
•'
Balance
applicable to 6% pfd. stock.......
Earned per share of 6% preferred stock
—V.
-
Edward
P.
Noppel,
elected
been
director
a
Vice-President.—V.
a
company
for
7,500
additions,
plant
Electric
Net
1942,
ry.
chare
third
of
stock
of
share
a
of
Certain
cash
including
been
warrants under
proceeding
No certificates or stubs are
the plan.
such cash distribution.
On
and
certificates
Electric
Power
such
stock
shares
after
for
stock
shall
of
July
common
&
6,
>
1949,
stock
the
,
the
Broadway,
holders
distribution
and
Nrw
169,
of
rghts
date,
as
to receive
Electric .Power
thereof only
assets
ol
holders
of
stockno,tiers of
exchange
agent
their pro rata
& Light Corp.
presentation and surrender
warrants to Guaranty Trust
York,
p. 2418.
-
under
1947
$2,231,000
133,000
1948
41949,
.
$2,015,945
228,850
$0.58
taxes-
$210,199
outstdg.—
shares
Com.
♦Earns,
share_
com.
per
preferred dividend
♦After
this
in
company
revolutionary
its
1946
,
$343,796
130,643
$213,153
r: 472,982
$0.26
-
472,982
472,962
472,982 i
$0.26
$0 32
$0.76
requirements.—V. 163, p. 742.
'
matchbox-size exposure meter
at the request of the To.ero d Corp. .or
"print-a-minute" Land Camera is beh.g
announced that
is
$447,742
$242,509
Cuba, Ltd.)
Co.—New Product—
General Electric
by
Inc.—Earnings—
profit
Net
new
a
quantity by the G-E Meter and Instrument
This new PR-22 meter,
sold by Polaroid
,
designed
use with
produced
Di isions.
through its dealers, is
.pond with the set¬
tings on the Land Camera.
Because it does not have a calculator
marked in f-stops and shutter speeds, it is not suitable for use with
conventional cameras unless a conversion table or special calculator is
from
in numbers
170, p.
5.
one
,
to eight to corre
;
General Motors
United
123,568
155,689
in
13,484,936
3,414.179
12,982,790
2,125,406
1,830,361
2,363,230
Trusts, trustee,
p.
1779.
15th
Sts.,
;y;.;
Chestnut
and
from
Gross
Net
from
Net
railway.™
260,082
104,958
income™
oper.
ry,
$1,245,249
railway
$1,252,252
265,452
104,603
Philadelphia, Pa.
v;,;/'
"
from
Gross
Net
-
from
Net
ry.
Co. of New York,
the plan.—V.
169,
income.
$860,154
27,966
*68,362
$931,352
138,618
33,369
All
of
$105
full
5,758,266
1,127,872
483,633
4,732,856
930,026
431,949
,
remaining
have
been
stock certificates
Holders of
the
Co.—Calls 5% Preferred Stock—
outstanding shares of 5% cumulative pre-;
called for redemption on Sept. 1, next, at
dividends. Immediate payment of the
made upon presentation and surrender
at the United States National Bank, Denver,
the 5%
right
to
preferred stock of record April 20,
exchange
their
shares
for new
1949 had been
I'/o cumulative
preferred stock on the basis of one share of 7% preferred and $4 per
share in cash for each share of 5% preferred stock.
The offer expired
on
the
June
2.
1949,
outstanding
MOTOR
VEHICLES BY GM DIVISION
was conditioned upon
acceptance
preferred stock.—V. 169, p. 2642.
and
5%-
by 75%
.
" ~
1949—6 Mos.—1948
1949—Month—1948
116,615
Trucks
57.5L7
511,043
34,851
Passenger
30,832
220,752
.
154,716
>
125,015
.,,
96,937
135,296
.29,022
,•
33,298
Passenger
Trucks
GMC
17,915
;
Truck &
15,160
20,030
5,417
44,278
Coach—
—3,165
V.805
485
~
6 303
2,602
.'275,703
164,066
—w"
Coaches
Passenger
535
139,309
200,426
■
———«.
Trucks
7,905
218
7,183
—
Trucks
Total—
48,825
1,761
<
..
.
41,867
3,304
'
,
;
25,031
16,362
36,125
15,629
1,363,038
1,062,359
Government-Owned Plant at Flint, Mich.—" ■'<
The war assets department of the General Services Administration
has approved the sale to this corporation, the war-time operator, of
government-owned
plant at Flint (Grand Blanc), Mich., for
of
a
$2,404,456.
Along with the plant,
which manufactured tanks during the
war, General Motors acquired $129,330 in personal property. . Disposal terms call for all cash on closing.
General Motors had been operating the plant since the close of
last
war
on
a
lease, with
option to purchase.
effective Sept.
30,
1950, and $129,330 on
last
the
It cost the government
to build and equip the plant during the
Assets had placed a fair value of $2,2:8,725
$4,402,003
War
.
382,103
197,011
Buys
Colo.
offered
OF
''
Pontiac—
4,481,299
350,126
*41,959
per
share and accrued
redemption price will be
these
of
the
stock
in June, 229,564 were passenger cars
trucks.
to date,
Period End. June 30—
Chevrolet—
169, p. 2418.
Frontier Refining
*
5,733,591
1,066,363
467,516
railway____
oper.
year
GMC of Canada—
railway.
♦Deficit.—V.
were
General Motors has produced 1,363,038 pas¬
senger cars and trucks in
the United States and Canada, compared
with 1,062,359 for the same period last year.
.,
the
For
Oldsmobile27,432
Buick
36,891
Cadillac
8,145
1946
1—
Jan.
From
46,139
PRODUCTION
1947
1948
total vehicles produced
the
Of
and
Redemption—
for
called
been
units.
10.423
4,146,491
2528.
p.
Corp.—Output Continues to Climb—■
corporation produced 275,703 passenger c rs and trucks in the
States and Canada during June, tue highest montnly output
its history.
The total exceeded May, the previous record month, by
The
292,071
14,911,402
3,924,455
.
ferred
Light Corp. and shall cease to be such stockholders;
and warrants for the purchase of common
such certificates
149
stock or option
being issued for
..
.
consummation
shall have no
provided for in Part IV of the plan, upon
ot
hereafter be
certificates
entitle
the
1,688,865
169,
May
reserved for tax and other liabilities
plan
may
for Federal
Prov.
$2,035,677
Fort Worth & Denver1949
City Ry.—Earnings—
_
the satisfaction of all such liabilities there may be
distribution in cash to the person
named in each
transmittal accompanying deposits of common
letter of
income™
have
and
ing
Each warrant is treated as onestock of Electric for purposes of distri¬
which
-
Subsidiary, General Cigar Co. of
1949
1948
1947
$339,020
$391,143
$722,165
1.28,831
148,634
274,423
31—
3 Mos. End. Mar.
1946
1947
redemption on Aug. 1, next, out of
monies held in the sinking fund,
$80,000 of 15-year 3V2fo sinking
fund debentures due
Feb.
1, 1959, at IOIV2 and interest.
Payment
will be made at the office of The Pennsylvania Company for Bank¬
Upon
small
further
General Cigar Co.,
(Including Wholly-Owned
251,643
consummated Part IV
the
of
31—
—
$2,221,467
Fair Stores, Inc.—Partial
Food
—V.
have
funds
.
Corp.—Earnings—
79,686
74,311
Capital shares outstanding—_—
228,850
228,850
Earnings per share"
$0.35
$0.32
•After charges and income taxes.—V. 168, p. 2542.
calibrated
Electric.
of
common
expenses
established.
14,133,766
3,758,930
railway.™
oper.
There
bution.
and
ry.
and
common
in
1949—6 Mos.—1943
$3,957,646 $3,606,144
134,420
income
♦Deficit.—V.
the Public Utility Holding Company Act by retiring
option warrants.
Distributions are being made
by Guaranty Trust Co. of New York as exchange agent at the rate
of 0.351677 shares of common
stock of Middle Soutn Utilities. Inc.,
and 1.3192G9 shares of common stock ot United Gas Corp. for each
stock
*31,872
railway
from
plan under
common
1948
$2,386,135
325,749
from
Net
Light Corp.- -Dissolution Furthered
corporation announced July G that it has
its
•
1,569,797
'
$0.11
$1,962,109
used.—V.
railway
oper.
Net
-Part IV of Plan in Effect—
The
" ■,.. •
•
,
♦Net income
From Jan. 1—
etc.
&
been
has
which
Sales—
railway—
from
Net
has
2641.
of
Power
Rico—
Ortiz Jacobs, President;
Secretary.—V. 169, p. 1113.
j, •'
' ..
■
19<i9
$2,027,830
•<
263,253
May—
from
June
on
shares
' '
Operating profit
2641.
p.
Gross
since
company
p.
General Bronze
Florida East Coast Ry.—Earnings—
27 filed a letter of notification with the
preferred stock, of which 6,000 shares will
be publicly offered and 1,500 shares will be offered to officers and
employees without underwriting.
The offering price is $25 per share.
Underwriters. T. C. Henderson & Co. and Wheelock & Co., Des Mo'nes,
Iowa.
Company's proceeds will be used to buy additional equipment,
The
SEC
any
A.
$851,189
169,
$0.29
!.
$18.33
Economy Forms Corp., Des Moines, Iowa—Filing—
a
by
1949—Month—1948
$758,149
Period End. June 30—
Gross
its
headed
is
Treasurer; and A. Reyna,
Sales—
—V.
p,
$336,024 ' ^ $506,463
1,569,797
: " $0.21
' I'
.
1,569,797
$0.25
share—
1882.
Quarter Ended March
It
Inc.,
Insurance -Agency,
1944,
Since
Prado,
Lopez
169,
$566,895
230,871
$627,786
1,569 797
—
com.
Sales
Puerto Rico.
contracts in
\
Vice-President—
of the
169,
—V.
$572,243
shares
per
30, '46
$863,873
^357,410
27,'48 Mar. 29, '47 Mar.
$1,020,002 -$1,178,493
447,759
550,707
-
profit
Earns,
Dissolution—
■
169, p. 2750.
Ebasco Services, Inc.—New
of
'
•
(M. H.) Fishman Co., Inc.—June
$6,874,834
$24.82
StettiniusUniversity.
Insurance Co—Enters Puerto
Fund
Inte/-American
operation
I1.
1,108,729
$9,287,722
—
Net
Common
the
marine
The
$7,983,563
1,108,727
prior pref. stk.
4V2%
on
:'
'
1,849,666
$10,396,449
___•
requirements
Managers,
company
as
ocean
5,286,235
1,915,380
——_
discount...._
debt
income
Net
Dividend
';v '
to be
meeting
adjourned
the
at
Mar. 26.'49 Mar.
Ended—
charges,'.
after
Federal Income taxes
representative of Fireman's Fund Insurance Co. through¬
out the insulr/r possession.
Through iff new agency representation, Fireman's Fund will write
fire
and
al)ied lines,
automobile physical damage and inland and
Inc.,
1949
1948
$23,961,197 $18,802,474
5,939,477
3,683,010
income—
and
and
Interest
war
has entered America's island possession of Puerto
Rico.
James
F.
Crafts,
President of Fireman's Fund Group, has
announced the appointment of the Inter-American Insurance Agency,
Eastern Gas & Fuel Associates—EarningsTwelve Months Ended May 31—
Total
directors authorized
production.
*
held on Aug. 29
the dissolution of the corporation.—V. 169, p., 2418.
Fireman's
This
were
uncertain business conditions."—V.
reduced earnings and
the
1 on the common stock,
about Aug.
or
on
action
no
made on Jan. 31
and in each quarter last year.i It was stated
Distributions
$10.
took
30
June
on
dividend ordinarily
par
to
In 1940, he was
to convert Gen¬
operations.
overseas
of
now
stockholders
•
directors
of
group
a
facilities
Mooney
The
The
President and Chairman
Prior to that, except
F. A. R. Liquidating Corp—To Vote on
169, p. 2417. :
—V.
was
research lab
Co.—Earnings—
General Baking
Net
Chairman of the board of Technical
Inc., New York; a director of World Commerce Corp., the
Liberia Corp., and a member of the council of New York
—V.
170, p. 4.
i;,
-V
Mr.
Dividends—
Mooney
works at
Y.;
Oak¬
at Easton, Pa.—V. 169, p. 1666.
years
charge
of
Chairman
Motors'
eral
3,998,201
613,567 " 2,259,782
513,703
deductions...
25
ior
Motors
member of
named
recently, Mr.
*
two.
or
land, Calif.; and a central
$0.32
-■
Willys Overland Motors, ^Inc.
II service with the,; Navy, he
of
Vice-President
income
Gross
$0.36
...
....
'
agreement within a
prospect is for an
has four main operating divisions: Aniline
Y., and Grasselli, N. J.; Ansco at Binghamton,"N.
Ozalid at Johnson City, N. Y.; Antara Products at Chicago and
941,689
was associated with
in an executive capacity.
He was a
the board of directors and the executive committee, and a
World
General
$3,230,828 $12,480,160 $14,145,495
income
until
1946
the
of
$3,225,697 $12,231,707 $12,873,017
5,130
248,453
1,272,477
$3,269,605
318,618
directors,
of
From
;
in¬
revenue...
oper.
share
common
the
with
dollar—rather than go through
the
on
that
company
13 Weeks
for
*
354,456
941,689
—<
at a special meeting on July 11 nominated
James D. Mooney to replace Martin L. Straus on the management slate
of directors to be voted on at the stockholders' meeting July 15. ..
522,000
than
...v.;
board
The
1,532,500
State
(other
sales
$3,926,711
-Mooney Named for Board—
250,839
for
for
acquisition adjusts.___
$3,751,853
profit after charcgs and taxes...—
shares outstanding.......,.....;
per
.
,
Common
cents
20
adds
Rensselaer, N.
1948
1949
V
.
Net
Earnings
Prov.
•, .;
to
Swiss,
being
that
litigation."
article
The
Net
plant
Prov.
Taxes
Quarters Ended May 31—
5,131,579
5,692,886
1,401,162
1,500,917
reserve
Amort,
j,,
retirement
to
Approp.
'"
1948
$15,009,175 $14,011,625 $56,928 866 $51 ,315,799
22 ,917,684
27,977 991
6,352,991
7,262,421
3 ,583,996
908,497
4,094 178
977,270
revenues
Operating
1949- -12 Mos.-
1949—3 Mos.—1948
Maintenance
cents
15
The
Eversharp, Inc.—Earnings—
>;.}r
-
of
it never was an enemy alien,"
the publication. "Clark claims Chemie was a 'front' for Hitler's
Farben chemical trust. But he's willing to settle Chemie^s claims
month
INCOME
OF
$0.22
Switzerland, for return of 93%-
of
Chemie,
G.
I.
claims
years-long
Duquesne Light Co.—Earnings—
STATEMENT
G.
at
2528.
p.
1947
$16,771,800
. 791,200
2,050,000
$0.21
■ $0.11
$18,900,000 $20,773,600
' 1,600,000
1,542,900
2,050.000
2,050,000
stock.
"Chemie
I.
of
lawsuit
the
Aniline's
*450,170
:
v
railway....
railway......
.
I
May Soon Be Sold—
, .
.
This corporation,
the biggest enemy-owned business still operated
by the government, may be sold to private owners before the year's
'end, according to "Business Week."
:
.
The magazine says this is Attorney General Tom Clark's goal,, and
in order to pave the way for it, he's dickering to settle, out of court,
355,343
1,074,324
..
charges and taxes—
Class B shares outstanding
Earnings per class B share__-_
$8,988,626
1,545,485
707,652
income
From Jan. 1—
bigness
Quarter Ended March 31—
"
railway—1_
I
; ■
•
Corp.—Earnings—
1949 *
1948
Film
Net profit after
1, ; ..',
•
Net
individual, prospers only to
in business is a reliable
charge that we are
an
that
We
5.
p.
■1947 ,;
1948
■■■•>
1949
railway— $12,790,335 $14,657,668 $12,827,586
2,899,671
3,709,963 ;
2,030,951
May—
from
Gross
deny the
government's
anti-trust laws."—V. 170, p. 4.
service.
stock,
169,
'
'■
Sales
share face value of
to $10 a share, plus
reversed a ruling of the Third Circuit
had given preferred holders too high
and had not given enough to the common
Erie RR.—Earnings—
We are in business to serve
possible products at the lowest
other companies are de¬
All » our relationships are
best
prices.
All our relationships with
signed to help us achieve this objective.
legal and fair to the public.
a
SEC
the
'•
,
$100
received
1007.
p.
General Aniline &
decision
that
their
for
•'
escrow.
court's
stockholders.—V.
highly competitive industries in America.
possible
in
have
they will get the additional $5
Appeals
price
a
United States Rubber, issued the
the government's anti-trust suit:
is a leader in one of the most
of
answer
held
already
169,
V.
income
period amounted to
1949
They
dividends.
accrued
Now
high
of
Court
value.
high
a
holders
Preferred
their
by U. S. Rubber Co.—
to
Federal
♦After
greater than either the involuntary liquidation
that fair and equitable considerations entitled
price
holders
series—plus
$6
security."
Statement*
neither
Subs.)—
1948
1S47
194fr
41.411.4:4 $1,549,686
$487,384
1,044,575
1,041,594 1,041,594
$1.58
$1.2>
$1.49
$0.47
taxes, charges, etc.. Federal income taxes in
$1,137,600, against $910,600 in 1948 period.-^1949
$1,816,€81
1,052,142
profit
Capital shares outstdg..
Earnings per share
"involuntary" under the terms of the preferred stock
the three classes of preferred
Transportation Corp. (&
American
General
Quarter End. Mar. 31—
♦Net
that the current -worth of
much
so
the.call
under the Investment
until July 13 to request a
interesceu
hearing.—V. 169, p. 2751.
price or
tlie pre¬
said they could not, however,
exceed the call price.
So, instead of giving the preferred holders just
$100 a share, plus accrued dividends, they ordered the call price paid
—$105 a share for the $5 series and '$110 a share for the $5.50 and
was
a
given
has
SEC
660,000 common
the number of
intends to operate as an
although it has registered
closed-end company.
company
Act as
The
The company
reduced to 440,000.
was
Company
stock
voluntary redemption price
was
registration statement with the SEC covering
(par $1)
but by an amendment ;iled July 7
open-end
the
nor
On June 22 company
16, 1949.
organized June
was
company
a
shares
which is being held in an escrow fund.
stems from the fact that many preferred
case
provisions
than
"voluntary"
the
years,
many
The
filed
to approximately $3,200,000,
The difference amounts
company's
company
shares
the liquidation of that com¬
opinion,
price
charters, but
our
way;
information
,
provide for a call or
involuntary liquidation price.
The Commission said in this case that the liquidation
motive for this suit must
arise out of a determination by the Department of Justice to attack
bigness in business as such.
We cannot believe that such a position
is or will be supported by the American people because in the end it
would increase prices, reduce living standards, and even weaken the
public
call
higher
emphatically denies that its relationships
and the other companies mentioned in the com¬
present
our
9,097,346
721.089
*613,189
/
•
with Justices Jackson and Douglas abstain¬
that the company's preferred holders are entitled
for their shares, rather than the lower involuntary
.
The
contrary, these relationships have served the public interest
the
conspicuous
a
actions
1
-
sub-classification
following
without
voting securities;
contract without
to vote
upon the contract; permission to make interim selections of directors
pending a meeting of stockholders; and waiver of the requirement for
stockholders' ratification of the board of directors* selection of inde-pendent public accountants, pending the stockholders' meeting.
ruled
plus $400,000 interest,
company
Motors
2,367,425
company
The
Court June 27 upheld the Securities and Ex¬
ruling on the payment to be made to former
Supreme
liquidation price.
plaint have been either illegal or in any way detrimental to the interest
of the people of the United States.
in
S.
unanimous
a
charter
du
15,959,795
6.115.920
2,623,897
2418.
p.
Commission's
the
to
Crawfo-d
laws:
"The
169,
ing, the court
by
6,922,619
preferred stockholders of the company in
H. Greenewalt,
President, concerning the civil suit filed in Chicago. Ill, on June 30
by the U. S. Department of Justice against du Pont, General Motors
Corp. and others alleged violation of the Sherman and Clayton anti¬
Following
trust
U.
change
In
i-
18,476,310
8,807,448
3,897,231
income
pany.
du Pont Head Issues Denial—
20,533,560
railway
exemption
has applied to the SEC for an order of
specified provisions of the Investment Company Act.
seeks authorization to change its
from a closed-end company to that of an open-end company
completion of the initial public offering of its common shares,
the required vote of a majority of the outstanding
permission to enter into an investment advisory
stockholder approval and pending a meeting of stockholders
The
from certain
ferred Holders Entitled to Call Price for
interests.
:
561,883
1,339,768
'
Engineers Public Service Co.—High Court Rules Pre¬
Their Shares—
investigation
issued subpoenas
and
879,553
railway.
oper.
'Deficit.—V.
comnanies were included
activities of the du Pont
62
the
trace
ry.
industrial
Department's
the
opening
was
live companies
eight others.
$4,233,656
1,946,523
1,005,938
income
Pont
du
the
of
on
records of
from
Net
rather than outside sources.
trio
Pont
investigation
disclosed
subpoenas
investigation
an
du
the
jury's
$1,572,654
32,083
*262,494
$3,355,488
(1,979,149
$4,257,011
railway
railway
oper.
from
Gross
17, 1948.. In September the Justice
Nov.
served
Later
of
grand
on
books and
the
in
members
from
Federal
The
ry.
From Jan. 1—
United
..group
from
Net
the
exclusive basis,
an
Net
complaint charged that independent suppliers of General Motors
States Rubber were also induced to buy products they
The
'
on
from
Gross
It was further charged that each of the three companies eliminated
competition by agreement and refrained from entering the manu¬
facturing fields of the others.' Each had made available to the others
Operate as Open-
Industries Fund, Inc.- -Would
Gas
End Trust—
1«*6
1°47
1948
1
1949'
May—
company."
Pont
5
(105)
CHRONICLE
FINANCIAL
&
Elgin Jolict & Eastern Ry.- —Earnings—
Inevitable, and intended, consequence of the operation of the bonus
plan, General Motors executives have responded readily to the in¬
fluence
COMMERCIAL
THE
Number 4819
war.
on the plant Itself,
the personal property.
The
6
THE
(106)
COMMERCIAL
FINANCIAL
&
CHRONICLE
Monday, July 11, 1949
A
difference
between
plant
what
and
fk^tually
the
The
will
pay for
due
as its fair value is
purchase could not be_ exercised
General Motors had been paying $245,607 annual
what
War
General
Motors
established
had
Assets
until
i950.
Sept. 30,
is
sale
The
reviewed
trust
by
subject
the
the
to
of
Department
July
National Security Clause and will be
Justice in the light of existing anti¬
a
1949
1,
there
under
is
Illinois
The
Appointed—
$20 in respect
is at the rate
offers to pay
which payment
coupon,
169, p..-1779.
May—'
Louis
of
stock
Krauss as
C.
Net
lrqrn
Net
ry.
of
Chevrolet General
C.
E.
estimated
on
H.
Net
Armstrong,
he
•Net loss
V.
169, p.
1990.
*
Corp.—Weekly Output—
for
1249—12 Mos.—1943
1949—Month- -1943
$4,940,835
$5,508,170
189,183
2,313,844
General
40.000
34,833
443,831
391,505
4.000
4,000
48,000
{430,129
394,310
[533,321
789,821
$1,354,896
76,244
89,345
$112,845
$84,609
$1,166,760
25,348
16,630
222,692
,3
Crl43
Crl.251
debt-
Cr 12,588
'■/
A
Cr2'S3
$100,031
Quarter End. Mar. 31—
1947
1948
1949
/
$214,685
shares outstdg.
331.051
331,051
/
$0.63
$0.56
•
.
.
I
' 1946
v
.•Loss.—V. 167, p. 2686. •
'
-
V.
General Shoe Corp.- —Earnings—
Net
$38,416,777 840,471,107 $36,868,726
sales
tNet.
1,324,493
1,041,220 '
•Earns,
per
' > After
i
share-
com.
1,461,487
704,321
705,310
■
$1:92
$1.33
Cr2,386
169,
.
The
be
p.* 1667.
major
Canada
plants
of
for
their
Closed
July 4, according to
this
corporation
the
in
United
and
States
two weeks vacation
by Arnold J. Wilson,
customary
announcement
an
beginning
President.
These include the Westclox plant at LaSalle-Peru, 111.; the Seth Thomas
and Stromberg Time plants at Thomaston, Conn.; the Haydon Manu¬
facturing plant at Torrington,
Peterborough,
Ontario,
Conn,
Can.—V.
and
169,
the
In
constructed
the
for
huge
the
industrial
new
a
Chemins
The
being
the
of
stock
company
dollar^ when conditions permit.—V. J.69,
Good Humor
agent for
the
Goodyear Tire
capital
Ira
M.
Pink,
2119.
p.
■
/
President
of
~
■'
.
,
stock
by
—V.
regular
line
sleep
O
Englander factories and
169, p.
warehouses
1667.
-
V
will
and
be
throughout
carried
the
•
s
announced
was"
July
on
that
4
of
Deardorf's
Great
capital
Northern
169,
2642.
p.
Ry.—Earnings—
V
1949
Net
\
"
"
-
from
Net. from
\
•$1,002,749
Telephone & Telegraph Co., Fort Myers,
i ;,-'Vv i
June 27 filed
on
($25
'-will
de
the '3 'h
la
note
Haytian
a
Plaine
share
per
6%
cumulative
be
Florida
notification
letter of
a
5%
par)
Proceeds
used
St.
Co.,
which
Gross
-
from
Net
••Deficit.—V.
169,
p.
to
,
purchase
*W > V
"
of
Tne
to
the
bonds, $2.-
1949,
affairs
The
subsidiary,
•
:.
•9,487
country.
,
V
;
'
the
•;
,
called v
orincipal
the
for
the
'
23,
Net
the
July
to
/
1947
flying
70,053,064
6,727,043
:
general
will
of
June
be
Net
ry,
4,844,535
5,274,779
the
from
will
fly
1949,
the
as
entitled
to
T.
From Jan.
Gross
the
oi
The
7,452,059
«
flight
.railway—
railway.;
.'oper. income—
to
Civil
date
of
Helicooter
Aeronautics
50-mile
a
marketing
America,
p.. 2^14.
avail,
closed
advisor
has
been
for
July
on
Standard
elected
Board
radius of
Net
ry.
1947
was
July
south
Home
Oil
62,411
15,252
The
a
trial
run
23,
the
Air
to
Service's
provide
air
5-vcar
mail
the
2528.
1,473,798
410,579
1,276,743
preliminary to
of
the
Chicago
schedule:
loop.—V.
Period End. June 30—
169,
29,
363,630
a
subsequent
in
on
■in
the
p.
8,
Airport
north
will
234,393
957,919
$5,397,252
1,462,255
161,656
lr9,169
674,511
1,069,671
137,657
523,232
907,946
chgs.
22,
Inc.,
to
Salt
New
York,
handle
products
July J.
of certain
the
N.
$5,448,628
Y.,
has
for
advertising
effective
plan
the
The
U,
Sterling
Oct.
944,961
loop;
other
Certain
shares
holders
had
Court
1,
of
approved
it
&
Trust
130,007
151,802
•21,833
and
;
169,
oper.
1949—5 Mos.—1948
$7,892,751 $36,681,638 $36,280,579
ing
University
Stott
is
a
6.
payment
at
the
'V/V'.. V^V ^V-:
;
Operating income
Non-operating income-
share
$86,335
9,242
30,064
income
the
K/ $96,077
$133,144
129,886
-———
131,648
iljA
charges
$404,368
;;
••
*
85,062
'90,642
>
——■
$118,871
—
—
on
he has been
later
seeking
holdings
of
Pennsylvania.
Director
of
T. A. Harris Continental
Dye
the
Swarthmore
National
Bank
and
the
Works, Philadelphia, Pa.—V. 169, p. 1667.-
Railway
oper.'reveiiues_
20.952,444
Railway
oper.
exps.—
16,828,038
tax accruals—
"Equip, and joint facility
,2,277,332
Railway
rents
(net
Dr)
1948
&
RR.—Discontinued InterestPlan to Be Submitted to Bondholders—
a "
"
This company has notified the New
York Curb
uefcennined to discontinue 8% interest
payments
*
due
July
1,
*0ld
1949f
n0ndf Udue Jan'
will not be
made,
1958-
650,740
653,113
426,479
453,208
ry.
to
$626,665.
.
Other
1949—5 Mos.—1948
$
and
on
The
its
first
interest
mortgage
payment,
N
of
Ogden
among
and
preferred stock,
for
general
the
shares
102
of
V
j
distribution
the
to
new
cash
$0.1349
cash
for
each
share
certificate,.and 45/100
escrow
for
share
each
of
$6
preferred
until
of
a
date to be specified by Ogden but no
approval and enforcement of the plan,
mechanics of the distribution of. the escrowed
court
the
holders
and
extensive
more
escrowed
notice
and
publication
assets—V, 169,
2643.
p.
as
-Stock; Offered—John
P.
White
[ly 6 offered 299,000 shares of
(par 10(
$1
share.
per
&
com-
The securities
are
speculate
a
agent,
Registrar
v& Transfer Co.,
j./:.;-,-:.
;
was
15 Exchange
Place, Jersey
..:-
organized
in
Delaware
for'
the
of acquiring from Intra-Video Corp. of America
th-^t portion
business pertaining tc the manufacture and merchandising of
tho
-Intra-Video
Master
Antenna
Distribution
System.
To
this
effect,
purpose
of its
$
Intra-Video,
blueprints,
Master
219,374
864,231
V 1,639.658
the
1,763,126
2,981,102
9,913,538
10.582,941
for
128,513
692,619
618,163
11,039
deductions
$0.1214
minimum of .unclaimed
a
Transfer
155,013
income
Misc.
stock
date
debenture
stock
issued
$500,034
170. p. 6.
83,943
income-
the
change in
a
insure
10.929
41,786
1,907,040
3,098.686
10,564,371
11,159,491
879.690
849,213
4.369,085
4,303.286
2,249,473
6,195,286
6,856,205
Inc., will acquire from Intra-Video Corp, of
drawings and all other data relating to the
Antenna
Distribution
System,
together
with
the
America
all
Intra-Video
right
to
use
41,613
1,027,350
oper.
and
common
%■: Intra-Video, Inc.,
Co., New York, on
22,147,270 105,585,836 107,522,923
15,698,285
82,726,857
81,602,912
3,248,509
12,081,210
13,697,412
Exchange that it'has
according to the notice.
In settlement of
contracts, interest cn the bonds is to be computed
?«? ^ ,
h°t including July l, 1949, and bonds delivered must carry
the July 1 and all
subsequent coupons, the Exchange has ruled,
a
,
Net
was
in cash for each $1,000 principal amount of cer¬
to holders of Interstate's old preferred stocks, including
escrowed
Intra-Video,
name
interest
Western
new
than
stock
to
"
Guantanamo
in
certificates
ORGANIZATION—Company
$
and
issues regarding
Interstate and to
in
stock
common
debentures
y2
City, N. J.
$
and
approval
parent,
.antjjl/or $6 preferred escrow certificate; and to Ogden as-holder
formerly outstanding $2,475,000 6% demand note, 122,-
for
and
-Earnings
.1949—Month-
application
an
$611,287
adjustment income bonds.—V.
Illinois Central RR.
Period End. May 31—
$89,146
file
shares
the
on
67,896
Interest
or.
adjustment
income bonds
r.
and
by the Commission.
of new common and $483,840 cash.
-./.I'•///V1modifications required in the 'Commission's June: 7 decision as
condition to approval of the plan provided for the distribution be¬
tween Ogden and the Public debenture holders of dividends received
$543,391
46,186
$450,554
A
distri¬
amended
1949,
a
3,479,835
,
7.
consisting of $1,050,637 in cash and
new
provides
escrow
for
been
subordination
former
old
plan"
Interstate's
of
$4,023,226
.
1362.
The
3,426,378
690,199
by
other
p.
$73.50
held;
of
of
stock
v'v.V.:-,
$3,830,746
$103,080
H
and
167,
had
interstate's
share of new common and
of $7 preferred stock and/or $7 .preferred
1949—5 Mos.—1948
$793,279
-I
679,001
plan
debenture
and
tificates
Ogden.
redemption
Vr,./-
of
ccmmcn
recently
RR.—Earnings—
$765,836
Treasurer.
a partner of
Schmidt, Walker
Stott, certified public accountants, and a member of the
Account¬
Department faculty of the Wharton School of Finance
and" Com¬
Mr,
making
p.
taxes—
•Exclusive of interest
C. Stott, widely-known
accounting and financial executive
University of Pennsylvania faculty member, has been
appointed
merce,
was
mon
For the past several years
and
Y.,
N.
1949—Month—1948
revenues—,
Oper., exps. and
Harold
and
York,
redemption agent for the purpose of receiving on and after
the redemption date, certificates for all
outstanding
Period End. May 31—
♦Income
(Albert M.) Greenfield & Co., Phila.—New
and
New
336
Gross
p. .2642.
Vice-President
Co.,
atmointed
Salt
June
would
Wilmington
of
assets
Interstate's
"compromise
company
decision of
plan.
Corp.,
Ogden's
Interstate's
compromise
holders
Guaranty Co., N. Y.—Redeems Preferred
Bank
been
1949.—V.
this
that
in
Ogden
by
escrowed
of
of
been
settlement
a
status
the
of
announced
amendment
filed
effect
and
distribute
according
2528.
also
the
that
assets
Commission's
District
S.
was
to
rank
the
amended
as
of
plan
designed
the
a
announced
escrowed
with
Commission
with
be-
wi'hin
west
Co.,
company
SEC
The
!
Aero¬
daily
begin
loop;- Aug.
1949—5 Mos—1948
$1,184,569
226,830
Jones
accordance
that
the
'
Civil
1949—Month—1943
$1,091,941
Interstate Power Co.—Amended Plan Approved—
The
156,053
■
$7,849,610
1.-—
c°r-
service
1949,
Deficit
>
Title
Chemical
Gross
1949—Month- -1948
.
r—V.
Jersey)
July
131,631
enforcement
Municipal
Aug.
169,
Hudson & Manhattan
1,086,905
(H. L.) Green Co., Inc.—SalesSales——
(New
2420.
p.
above
bution
company
of; preferred stock
price of $41 per share.—V.
1,372
♦27,105
;
•
•Deficit.-V.- 169/p.
Co.
effective
...
opers.._
fxd.
International
$176,712
;
169,
International Salt Co.—New
Advertising Agsrt—
Stock— Viv>.v;.:-;i-v■ :7vy':a
•*-.
1946
$257,797
83,157
vote
revs.—__
ry.
for
169,
Duane
Chicago.-
new
following
6,
shares
1948
306,909
to
1949.-^V.
30,
director,
a
;
income
—V.
Landing—
six
radius
the
Sept.
-Earnings-
1,436,364
the
for
and
of
International Rys. of Central America—'Earnings—
Administration proving flight.
40-mile
1,289,451
$288,583
from
up/
meeting or any adjournment or adjournments
It is contemplated that the transfer books of
permanently
Period End. May 31—
:4*
•
will fly 18 shuttle flights
tween the postoffice roof and Chicago's Municipal Airport.
Regularly-scheduled helicopter mail flights to 43 towns
1—'':.
from
Net
date
record
notice
wind'
obligations; to
o
'
|
'
Helm,
Latin
Net
helicopters designed to carry air mail
Chicago (111.)
area
beginning July 23 made a test landing
roof of the Main Postoffice
Building in Chicago on June 23.
60,286,038
$276,242
5,641
to
proposal
a
•;
V. 169,
mail
.
effective
the
within
appointed
Income
oper.
in. Bermuda,-on
company
considering
28,
\
r
shareholders
meeting-of
general
of/the
International Petroleum Co., Ltd —New Director—
C.
for
step in the company's program of
in the Chicago area.
Starting
13 shuttle flights daily between the
Municipal Airpo/t.
Regularly sched¬
air
./
is
23
towns
One
1946
13,484,869
566,416
62,198
16,860 '
61,431
be
final
the
company
Makes Test
,
69,993,854
39,880
/1,452,047
V
Co., Ltdir^To Ve;on,
and, after satisfying all
the shareholders.
,.V.;V
shareholders
Furthermore,
company
Inc.
••;.
tificatc
1949
from
in,817,987
-
,
special
purpose
fixed
of
.
for
the
nautics
,"
8,955,104
railway—
railway—.
*38,906
V'/'.-vV"' X
-
114,856
50,790'
v
,
.
office
company
has
p. 206.
would
>
public financing is the
route.
2418.
from
'Vj. 294,367
3,163
.
assets, among
spec'al
thereof.
..
office roof and Chicago's
helicopter mail flights to 41 towns within a 40-mile radius of
Chicago Municipal Airport will begin according to the following
schedule:
Aug. 8, nortli route; Aug. 22, west route; Sept. 6, south
,
76,901,375
May—
Gross
$2,360,125
281,328
13,380,807
13,078,361
11.763.135
2,317,047 " 1,605 470 r! 1,607,805
•
have
of
its
board
said
at
Compag.de
participation
1946 4.
1947
$2,347,643
V: 290,391
Match Realization
,
the
at
determination
Haytian Corp. share
Haytian-American Sugar
note
29.
the
Cul-du-Sac.
of
held
distribute
share of common'
one
directors
be
July
minlmumo
a
Earnings—
;
International
The
Green Bay & Western RR.-
i
'U V-'
1948
$2,593,155
«
375,361
railwayV.VV'
fr.
June
>
be
Fla.
-,t
railway.J—
Dissolution—
A,::/
-
railway—
frcm railway-——
ry. oper. Income
Net
,
.
to
'Company's
may
the
American
du
worth
uled
from
From Jan. 1—
stock
Petersburg,
.
-V
•
-
with the 3EO ;•
preferred
improve- the
to
Securit.es
Net;ry.oper.incpme-_£;/l,p60,679:
the
railway-— $17,884,091 $10,320,290 $16,405,164 $12,288,897
from railway——
3,416,000
•2,628,973
4,639,266
2,353,113
ry. oper. income—
1,747,351
2,566,431
2,181,281
•1,215,449
Net
$470,101
income
oper.
oper.
Starting
1948
Fer
in
of
post
in
,
May—
Gross
from
Railway
July
company has entered into
Deardorf
oil Corp.
for the
stock.—V.
'
'
convertible class A stock (par $4)
offered to the public at par June 6
by Cruttenden &
This
ownership agreement with the
exploration and drilling of oil and natural gas on the latter's leased
acreage in Cimarron County, Okla. ;
Joseph
W,
Frazer,
Chairman
and
President,
further said that
Graham-Paige
would
acquire
options
to
purchase
a
"substantial",
block
$8,806
2643
p.
frcm
Gross
of
preparation
this
joiht
a
15,434
218.805
$151,213
169,
#
Treasury contention that it does
trade corporation, it was deemed
by the subsidiary
of Haytian Corp.
Co., .Chicago.
Graham-Paige Motors Corp.—Drilling Agreement—
It
10,201
240.524
:
/ :
1949
railway_W $2,692,073
railwayVVV y
595,157
May—
Net -rev.
-
■
2,300
49,780
434.
was
New Mar¬
,
equipment
3,295
54,352
Underwriter,
of 80,000 shares of 6%
the
of
•$168,510
From Jan. 1—
Vote: on
r
Helicopter Air Service, Inc.—Stock Offered—An issue
'
Englander Co., Inc., national manu¬
facturers of sleep equipment, announced on July 5 that his company
would
shortly market a complete line of matresses cushioned with
airfoarn by Goodyear.
These new mattresses will be in addition to
Englander's
$720,826
/..y,.,
Rubber Co., Akron,
&
keting Contract—
-
168,
$30,896
par.
167, p.
Net
American Sugar Co., S. A., has appointed Chemical Bank
Co., New York,
Y^, as agent for tenders to receive common
Haytian Corp. bf /Ainerica tendered at prices, not in excess
of $21 per share on ox before the close of business
July 19, 1949.
—V. 168, p. 151.
;
York, N. Y., has been appointed
stock.—V.
:
Haytian
275i.
21,510
$209,360
shares
at
Net ry.
purpose
bonds
de
the
on
*$790,020
24,584
company
Gross
& Trust
CoVp.-r-Transfer Agent—
The Chemical Bank & Trust Co., New
transfer
p.
recent
a
hemisphere
Interest
6%
rated
pro
$15 and
million
rata
pro
and
at Glidden, Ga., is the margarine plant
■which the company completed there recently.
The firm plans to con¬
struct an edible oil refinery and a paint and varnish plant at a cost
several
this
shares
des
Expansion
is
$368,142
4,662,746
'
interests of stockholders to dissolve
Co.
which
of
western
a
for
25,000
plus
development
r
Upon dissolution the stockholders would receive
stock of Haytian American Sugar Co. for each
,
2103.
p.
Glidden Co., Cleveland, O.—Plans Further
Included
of
at
Western Clock plant
aside
set
$696,242
4,335
income
4.500
—v.
corporation. >
• '
^
To
accommodate
stockholders who may .wish to dispose, of their,
holdings prior to liquidation, the Haytian American Sugar Co., a
wholly owned subsidiary, has called for tender of Haytian Corp. shares''
at prices not exceeding $21 a share. < A minimum of $525,000 has
bem-;'.
General Time Corp.—Vacation Closings—
The
best
result
a
as
$56,501
V
"-VVVvV'-'^V-VVVVVvVV::i': v' ;*JPe(icitj,—y. .J69. J).; 5529.
as
qualify
$203,164
inc.—
deductions
The
for
.
:
<•
company.^aid that in view of increased tax burdens
incurred
not
in the
*
i-
♦
'
stockholders.
$2,04
,
1,277,945
International Great Northern RR.-
stockholders' meeting has been called for Aug. 1 to .vote f
proposed dissolution of the company and distribution of Its assets'
to
567,499
1,055,021
oper.
property.
special
a
412,789
210,349
Inter County
"1948
1949
4,940,885
..-e—
,
A
tAfter charges and Federal
preferred dividend requirements.
taxes.—V.
$2.22
2751.
on
640,291
112,368
114,999
rents
Indianapolis Power & Light Co.
>"V"*
'<■
-•
v
Dissolution—
$26,013,391
1,668,904
704,321
profit
•Common shares outstdg.
■
Haytian Corp, of America—Stockholders I to
1946
1647
1948
1949
6 Mos. End. Apr. 30-
SI,055,424
— Secondary
Offering
secondary distribution of 20,310 shares of common
stock (no par) was made July 7 by Otis & Co. at $24*4
per share net.
Dealers discount 150.—V. 169, p. 2528. |
properties were sold on April 27, 1948.. A
for the periods shown above, excluding
gas
-ViiV
p.
$2,165,052
ops.
income
>
$1,039,993
—T_——a—ViW.-'$417,757
169,
$379,218
ry.
revenues
12 months
'
$893,507
operations, follows:
gas
8,116,382
$471,282
153,119
$9,171,806
—A
$1,156,149
66,156
66,156
$62,842 >
*
Month
.,
Nil
",
594,568
of -gross
from
7,828,863
charges
29,530
$959,663
'
NOTE—Company's
revenue
•$64,557
33,1)051
$9,993(915
1,511,117
Fla.—Files With SEC—
5,513
stock
—
comparison
v
■
$25,339
331,051
,
Nil
$237,630
com,'share.
per
Balance
1949—5 Mos.—1948
$1,890,335
accruals-
Net
171,602
•
Crl4,344
868,355
5,513
.
pfd.
1949—Month—1948
43,000
and expense
on
V
'.V.V ;
■
1,446,740
♦Deficit.—V.
—
-"vXv
$1,918,022
facil.
Fixed
disct.,
income
Divs.
(& Subs.)—Earnings-
Signal Co.
Railway
Net profit after charges
«nd Federal tax______
Earns,
I
'
RR.—Earnings—
income
offered
Common
6.
p.
2,523,637
I
deductions
Net
170, p. 5.
week of last year.—V.
ry.
Misccl.
$388,875
171.564
taxes—j
debt
according
quarter,
,
to
wa3
6,196
tax
Tetal
$417,757
——
deprec
long-term
of
Other
of this corporation for the week ended July 1,
112,775,644 kwh., an increase of 1,175,337 kwn., or
I.Vic, over the corresponding
'
second
its
30
expenses
from
& jt.
Net
output
amounted to
1949
the
of
quarterly
stock¬
based
to the an-,
in
payment
revenues.
oper.
Railway
Equip.
2418.
p.
income
on
Amort.
prem.
electric
2,703,2.0
•746,938
——f
income
Gross
231,580
167,360
■—
General Public Utilities
7,733,011
'3,107,434
of plant acquisi¬
adjustments
Federal
Int.
The
26,426,644
3,029,548
$2,693,000
giving effedt to tax carry-back credits.
'
169,
expenses
Provision
Amort,
6 Months
$1,396,000
■
29.896,454
7,913.981
2,779,194
General taxes
3 Months
i———
32,242.252
6,997.754
30,519.746
income—
revenue
Operating
Earnings—
General Plywood Corp. (& Subs.)
Period Enaed April 30, 1949—
•After
170,
payable
reduced
'
oper.
Net rev.
Period End. May 31—
Gross
tion
Sales,
earnings
The
June
reduction
a
share,
per
1949.
27,
•164,898
1,176,019
Gulf Power Co.— Earnings—
Vice-President of General Motors, Ls able
will be given special assignments on Mr.
a
duty
active
to
Railway
Other
,
illness
Mr.
Railway
Dii.OoU
1,9-5.427
805,380
563,634
railway
railway.
oper.
♦Deficit.—V.
July 1.
Mr.
Keating, General Sales Manager of Chevro et since Oct.
15,
1945, and a member of the Chevrolet organization since 1916. succeeds
W. F. Armstrong, who has been granted a leave of absence because
return
$1.15
Period End. May 31—
$4,802,142
$3,688,108
$o,70J,5O3
income—
loda
1947
1948
1S49
1.342,711
railway
from
ry.
Keating
effective
When
29
to
June
Indiana, Harbor Belt
RR.— -Earrings-
$5 861,701
railway
oper.
Net
Manager—
President, on June 30, announced the appcin'.ment of
as General Manager of the C-ievroiet Movor Di¬
Wilson,
Ohio
&
from
Gross
vision,
record
announced
June
$1.50
nouncement.—V.
Frcm Jan. 1—
succeeds Arthur B. Huli, who has retired..
Thomas
Telephone Co.—Reduces Common Div.-^
on
from
holders
the
4%
of
of
-A-///
-./"A,:"..:A.
*
from
Gross
transfer agent for Gen¬
Motors was announced on July 1.
For the last 12 years he has
Assistant Manager of
the GM stock transfer department.
He
New
Bell
company
dividend
*1
Stock Transfer Agent
to
understands
It
laws.
Appointment
been
that
company
interest
annum.—V.
per
the
Gulf Mobile
eral
announced
plan
the
on
authorization,
.
.
Exchange
tc provide for a deposit agreement under which
bonds wouUI be payable at 4IF
and their maturity
would be e-.tended to Jan. 1, 1970.
Pending submission of such a plan
interests
for
rental.
Curb
consideration
the .fact that the former's option to
•to
a
in
and from the holdir all right and title and
No. 2,394,917 originally issued to Heinz E. Kallmann
Receiving System under which the Intra-Video Antenna
System has been developed.
Patent
Television
Distribution
CAPITALIZATION
Income
available
fixed
Fixed
charges
charges
.
_
for
,
169,
p.
2419.
'
lit
June
,r«.
-
stock
•Amount
issued
Net. income
—V.
Authorized
-
Common
for
issued
10c)
for
/—
property,
and
shares
the
shall
shares,
and
*555,000 shs.
amount
to
be
•»
not
underwriter
o-'-^nding
1,000,000 shs,
265,000
cash, 300,000 shares.
100,000
27
(par
nave
shall
been
deem
sold
that
within
60
insufficient
days
capital
from
has
,
Volume 170
been
4819
' Number
price of each
purchase
raised, then the full
to subscribers.]
funded
" "
'
THE
'
•
•"
share, will be
'
"
;
■'
'
of
re¬
such
the
at
'
:
and
types
amounts
and from
time
FINANCIAL
&
COMMERCIAL
the
as
deems
company
time.
to
time
CHRONICLE
desirable
most
-
,
) WARRANTS—In addition to the 265,OCO shares to be issued
as stated
above, company has authorized the creation of 100,000 option warrants
entitling the holder to purchase one share of common stock for each
warrant held at $1 per share at any time between Aug. 6,
1950, and
Aug. 6, 1960.
A valuation of lc each has been placed upon thesewarrants which are non-assignable and. the underwriter, the company,
dealers and others receiving the warrants have, or must agree before
their issuance to them that they will not sell or assign them.
Of these option warrants, the agreement provides that tl)e company
shall issue to the underwriter as additional compensation one of such
warrants for every 10 shares of the issue sold and paid for,
owned by
company
have
at1
terly
in
each
year
time
no
Light
Kern County Land Co.—Earnings—
American.
been
in
Quarter Ended March 31—
;
Co.
Profit before
Federal
but
arrears
have
been
stocks
paid
regularly
Net
J
Company
paid
has
dividends
its
on
\
PURPOSE—The
follows:
raised
funds
of
Acquisition
this offering will be applied
2,394,917, $20,000; acquisition
by
No.
Patent
of
blueprints, drawings, etc., from Intra-Video Corp. of America, $5,000;
operating expenses of Intra-Video Corp. of America from May 9, 1949,
$5,000; estimated expenses of issue (not to exceed), $15,000; for work-,
ing
$209,150.
capital,
V J;V.'
f
v
declared dividends on its common
share per annum from Jan. 1, 1947
.
present;
upon
v
construction
stockholders will
The
t
cumulative
from
the
shares
preferred
vote
issue
and
560,000.
to
"can
as
be
on creating an issue of $3,000,000
increasing the authorized common
Company plans to sell as much of
marketed on advantageous terms."
CAPITAL
SECURITIES
9
1st
The
The
\
act on
Court
review
to
taken
court
lower
a
reduced
has
it
the
to 319,331 from 353,799.
following tnc refusal of tne U.
ruling
reorganization
The
the
—v.
169,
319,331
former
2643.
p.
'Unlimited
eom-
the company's
shares outstanding were issued to
holders in the same reorganization,
f
;
:
-
500,000 RFC Loan—
Share
the
-
appli¬
Co.
The
with RFC
company
favorable developments, discussions
revised application.
other
and
a
on
extent
The
of
the
in
dealers
who
disposed
in
■
.
its
of
holdings
former
served
an
tories
the
in
few
;
has improved
the company's cash
of the loan being requested will be
months
the
past
amount
covering
Missouri
of
;
:
•
and
r
the
fertilizers;,;
is
such
the
provided
.
,
.
tAfter
1
.
operating
J-vv;
: V.
of
v
replace
t
The
the
of
automatic
Horton
new
This
washer.
and
4
169,
of
farm
Jersey Central Power & Light Co.—Asks FPC to Au¬
t
The
f
:
Kaiser-Frazer Corp.
Three Months
Net
V ;
r.''
March 3L~
Ended
.
shares
—„
1947
1948
1949
Ended
after
Federal
March 31— S.vV-1949
income
$352,250
.
tax
1948
$599,283
Cr131,480
charges,
226,864
C.
C.
Earnings
per
The
Collins
The directors
on
about
or
including
share
Aug.
May
each
Kansas
on
2,
,■
Paul
the
quarter.—V.
169,
company
p.
had
$41,266
300,000
$0.14
H.
The company
25
cents
R.
S.
The
to ;be
+
&
1,000
Co.—
&
Co
,
3,000
& Co.--.-,' " 2,000
Co.——J: 10,000
Milwaukee
2,500
2,500
2,000
Scott, Horner & Mason, Inc.
1,000
Chas. W. Scranton & CoSeltsam and Co., Inc
,— ,1,000
Shearson, Hammill & Co—
2,000
Shields & Company
.
4,000
L M. Simon & Co—1,500
The Small-Milburn Invest-
Dunne-Israel
Co.-
—
—
2,000
Emanuel,
Deetjen
Equitable
Securities Corp-
2,000
2,000
12,000
Inc.—w
1,000
Elworthy
Estes
will receive bids July 20 for the purchase of $3,990,000
5,000
—1
;
<
A. G. Edwards & Sons—2,000
.
——
&
&
—
Co—
&
Co.—i
&
Company,
Co—-
equipment trust certificates.
Clement
Bidders are to submit alternative pro¬
Inc.
posals covering certificates maturing half-yearly over a 12-year period
and certificates maturing over a 15-year period.—V. 170, p. 6.
The
Evans
A.
&
ment Co.—
——i
1,500
4,000
3,500
; 1,000
4,000
2,000
2,000
Corp-
Cleveland
First
2,500
First Southwest Co—;
Kansas Gas & Electric
Union
124
Co.—Common Stock Offered—
Securities Corp. heads an
underwriting group of
members which is offering 550,000 shares of common
Fitzgerald
by Kansas Gas to provide funds to finance in part its
and to repay short-term loans.
Forgan
Transfer
Bank
N,
in
Wichita,
Co.
Of
National
Bank
in
Wichita, Kans., and
York.
Registrars:
Fourth
National
and Registrar and Transfer Co., New York,
Kans.,
•
•
/
;'••••
•-
•...
(estimated to be approximately $2,476,500, after deducting estimated expenses of $23,500) to be
received
by the company from the issuance and sale of 100,000 shares of its
gram
New
will
stock
and
to
York,
be
repay
used
to
short-term
finance
bank
and eight Kansas banks
in
loans
part
from
its
construction
Guaranty
pro¬
nancing,
the
and
the
issuance
which
company
and
sale
the
previously obtained in connection
company
anticipates that they will be provided for by
of approximately $2,000,000 of debt securities
20,000
Herrman
Henry
Hill
J.
Richards
J.
B.
i;
&
Hilliard
Hornblower
-
&
3,000
2,500
4,000
Howard,
Co
Co
&
4,000
Son
3,000
20,000
Weeks
&
Labouisse,
Friedrlchs
Johnson,
&
Co
Lane,
1,500
&
Space
3
Johnston,
Lemon & Co._—
Kebbon; McCormick
Ketcham
-
A.
3,000
7,000
Inc.—
Co.,
&
Kidder
M.
&
Kuhn,
2,000
&
Co
7,500
—
The
170,
Investment
p.
—
——
Watling, Lerchen & Co—
Winslow, Douglas & McEvoy
Harold E. Wood & Co
Wurts, Dulles & Co.——
Yarnall & Co
7,500
2,000
2;500
2,000
1,000
Co.—Earnings—
Quarter End. Mar. 31—
profit
Earnings
'After
per
outstdg.
share—
"
1949
$298,249
291,378
$1.02
charges and taxes.—V.
has
now
seven
^
other
wells
'
;
have en¬
Pennsylvania
drilling
V
in
this
.
Repurchase Preferred Stock—
not in excess of $98.5Q per share, llat;
■
'
•.
-
Earnings—
1949
from
railway-;
oper... income—155,599
169, p. 7.
1946
$105-,215
291,378
$0.33
291,378
$0.36
*306,556
*162,434
*161,632
17,455,309
1,239,149
*2,652,274
*1,033,345
19,498,932
railway——
railway—
19,461,650
290,315
355,047
income—
*3,321,953
*3,792,100
Net
from
Net
ry.. oper.
'Deficit.—V.
563,398
169,
p.
.
17,163,443
2,509,613
2529.
Longines-Wittnauer Watch Co., Inc.—Earnings—
Years End. Mar. 31—
Net
Net
&
profit
'Earns,
Share
dividend
preferred
profit of $223,229.
1946
649,034
$1,524,728
1,016,930
$951,472
$507,798
$2.81
$2.23
$1.12
requirements,
Cartoun, Chairman,
Fred
1947
$1,600,506
$1,182,845
t$l,177,107
'$2.83
—
—
1948
$1,986,628
803,783
r
820,378
'After
Mr.
1949
,
$1,997,485
com.
per
,
taxes
Can. taxes
before
earns,
Fed., State
tlncluding
nonrecurring
states that both sales and
total earn¬
ings for the 1949 fiscal year were slightly higher than those
previous year and were the largest in the company's history.
of the
redeemed its entire issue
of preferred stock at a cost of $1,350,000 and paid out $344,333 in
common and preferred dividends as against total dividend payments of
$300,000 for the preceding fiscal year. A special dividend of 15 cents
a
share in addition to the regular rate of 60 cents a share was paid
on
the common
shares.
The book; value of the common stock on
March 31, 1949 was $8.97 a share as against $6.86 on March 31, 1948.
the
During
fiscal
past
year,
the company
the following statement to the stockholders:
like other businesses, has its current problems.
excise tax on watches is proving a burden at a.
time when business needs all
possible stimulation. This is especially
true at present when watches of certain off-brand and marginal com¬
panies are being sold at cut prices in department stores.
I hope that
Congress will give its consideration to the detrimental effects of the
excise tax on the watch and jewelry industry."
"In any case," Mr.
Cartoun continued,
"Longines-Wittnauer is confident that it will ob¬
tain its fair share of the quality watch business of the country, what¬
ever
the conditions may be."—V. 169, p. 2687.
added
Cartoun
Mr.
"The
The
watch
industry,
discriminatory
Louisiana & Arkansas Ry.—Plan
Equipment Issue—
equipment trust certificate issue of about*
$5,700,C00 will be brought to market by the company in the r.ext few
If;
is
that
expected
an
weeks—V. 170, p. 7.
Louisville Gas & Electric Co.
Electric output of
this company
(Ky.)—Weekly Output-
(Kentucky) for the week ended July
1949, totaled 35,182,000 kwh., as compared with 45,638,000 kwh.
for the corresponding week last year, a decrease of 22.9%.—V. 170, p. 7.
2,
.
&
Nashville RR.—Earnings—
from
railway
1949
1943
$16,106,366 $17,867,625
ntc cac\
•! MR rw
3,066,535
2,736 640
ry.
railway
oper.
—
Income
1947
1946
$16,054,542 $10,541,834
Ti'/finan
-27Q ft9a.
3,178,080
*279,82$
1,569,658
1,700,968
1,496,088
'348,418
78,792,057
83,651,900
12,542,079
78,587,202
16,086,709
66,443,212
5,956,533
7,681,163
4,831,899
n
.
from
Net
1947
$96,123
$3,444,909
.
,
Mav—
1948
$157,548
291,378
$0.54
..
1946
1947
$3,791,818
582,137
•
846,988
2,000
.
1948
496,524
$4,265,216
$4,350,170
:
railway
from
Gross
Gross
shares
7.
p..
Net
*Net
date
the
and method of tender by stockholders and
corporation. A copy of the invitation to tender may
request by registered holders of the preferred stock
Brothers, 8th and Market1 St., Philadelphia 5, Pa.—
From Jan. 1—
..
Capital
,
Long Island RR
1,000
6.
Kawneer
'
•
to
in
Conditions
Louisville
Co—
2315.
May—
Gross
Lathrop-Hawk-
Herrick
—V.
21,000
Loeb & Co
Goodwin
.
5,000
Co.
Nongard
Trust Co.,
estimates will amount to approxi¬
mately $1,185,000, and for other corporate purposes.
To the extent that the company's cash funds are not sufficient to
meet
the
1949-1951
construction
expenditures after the present fi¬
therewith,
& Co—— 20,000
Kirkpatrick-Pettis Co—1,000
PURPOSE—The net proceeds
common
2,000
-
Harris, Hall & Co. (Inc.)—
New
■?;'O * '■
Y.
2,000
_i
—
Marache & Co._
Granbery,
First
agents:
Trust
2,000
Inc
Sachs & Co
Goldman,
construction program
Guaranty
Co.,
&
Glore,
;
stock
(no par) at $26% per share. The underwriters
purchased the issue at $25 a share. Of the total number
of shares to be offered, 450,000 shares represent the re¬
maining holdings of American Power & Light Co., which
are being disposed of in "connection with its reorganiza¬
tion plan.
The balance of 100,000 shares is being sold
&
Marshall-
Foster
Smith, Moore &• Co
—.2,000
F. S. Smithers & Co"—'—
3,000
William R. Staats Co-—
2,500
Starkweather & Co——
2,500
Stephenson, Leydecker &
Co. ——4,000
Stern Brothers & Co.— 10,000
Stifel, Nicolaus & Co,,. Inc.
2,500
Stix & Co.—
i - 3,000
Stone & Webster Securities
•
Corp. —
—
20,000
Stroud & Co., Inc.,
—
10,000
Sullivan Investment Co—
1,000
Swiss American Corp——
5,000
Thomas Investment Co— 2,000
' Wagenseller & Durst, Inc1,000
G. H. Walker & Co—;—
2,000
Walston, Hoffman &
Co.,
—
—
the
of
drilled
limestone
saturated
of
company
p.
»Lit
to
ry.
3,000
•
of
made
v.; 170,
Net
Inc.
2,000
Dickson
wells
obtained- upon
be
from
Reinholdt & Gardner—
1,000
2,000/
Pan-
.
Lion's discovery
block and subse¬
Brjghtman, President, announces that the directors have
for the purchase of 9,462,
preferred stock, at prices
the
stating
-
34,000
Beane
&
Turben
5,000
&
center
all
each
to
the 5,400
out of
thereby reducing the number of shares of preferred stock outstanding
Lynch, Pierce,
Co., Inc.-
;
Bodine—
that
wells
total
payment by the
,.1,000
5,000
&
&
—
added
wells
Martin,
M.
well
one
said.
Martin
approximate
the
with
proved
been
Mr
T;
the
60,000 shares. Invitations for tenders under date of June 27, 1949.
*ha,Ve been mailed to all registered holders' of the preferred stock,
tensen, Inc.
1,000
Piper; Jaffray & Hopwood
3,500
Prescott,- Hawley, Shepard
'
Co., Inc
2,500
" Prescott, Wright, Snider Co.
5,000
R. W. Pressprich & Co
5,000
Raggio, Reed & Co.——1,000
The Ranson-Davidson Co.,
Townsend,
Robertson
Lion,
to
fixed by the stockholders,
Net
2,500
—*;
in
drilled
being
is
have already
12
to
—
2,000
(Inc.)_
Francis I. du Pont & Co
per
Equip. Issue—
-
Field
lease
to
oil
five new
Texas,
brings
resolution appropriating funds
the company's 6%
cumulative
a'
of
shares
/
,
Reynolds & Co
The Robinson-Humphrey
Co.
£—,
Rotan, Mosle and Moreland
Schwabacher & Co-
&
Doolittle
6. ;
on
The
W.
adopted
.
3,500
County,
Scurry
Lit Brothers, Phila.—To
Harold
'
2,000
M
acres
sections
thick
formation.
Newhard, Cook & Co._
1,000
1,000
i." ' 1,000
Co.
7.
p.
completed
week,
past
of
on
announcement
The
Maynard H. Murch & Co,,2,000
1,000
Inc.-
—
Skaggs
Crouter
,
City Southern Ry.—Bids
;The
Securities
Davis
Dewar,
V
paying
been
—,
Co—.
Co.
DeHaven
July 1 voted to omit the dividend ordinarily payable
1 on the common stock. From May 1, 1948 to and
1949,
480
under
countered
5,000
—
Co;_—1„
&
Fenner
Merrill,
4,000
Davies & Mejia-——;
27,672
.£■,
&
Cunningham &
coast
Omits Dividend—
3,000
Crowell, Weedon & Co.—
$68,938
300,000
<:■
Nil
Merrill
2,500-
-
Co
——
Cooley &
\i 1947
$1.24
300,000
__
&
,
•
5,000
Co._
Co.___
& Co.
2,000
Sons
Columbian
Corp.
$372,419
*$220,770
.
outstanding-—-.
share
&
McDonald
2,000
Carroll
''
McKinney-Ohmart Co., Inc. ' 4,000
.
3,000
Co._.
Codings & Co.,
Julien
Davis,
K[et profit
Capital shares
Legg &
C.
McCourtney-Breckenridge
2,500-.
Byllesby & Co. (Inc.)
W.
170,
July 6.
This
field by Lion Oil Co.
located
was
the
Field
M
this
acres,
block
well
The Ohio Co.—3,000
Pacific Northwest Co
5,000
Central Republic Co. (Inc.) 12,000.v Paine, Webber, Jackson &
John W. Clarke, Inc
3,000 Curtis
5,000
:; Richard W. Clarke Corp.—
2,000
H. O. Peet & Co.2,000
•
Cohu & Co.__<li
2,500
Peters,
Writer
&
Chris-
(& Subs.)—Earnings
Kalamazoo Stove & Furnace Co.
Quarter
•-'John
2,000
•
Co,—___
&
Brown
M.
Lee
4,750,000
.
'Net
Alex.
H.
i
Nil
charges
common
Co.—___
&
below.—V.
quent wells have spread in all directions from it.
P:
—
$3,236,000
after
of
and
7.
p.
t
Co.
during
Diamond
the
As
acre
—————
per share
Nil
$0.50
profit after Federal income taxes.—V. 169, p. 2420.
Earned
Profit
:\y
Diamond
forty
h
Laurence M. Marks & Co.I
4,000
Mason Brothers
>1,000
Brooke & Co.—
?
•
(& Subs.)—Earnings—
company,
completed in
shares
Lester
Simmons
&
Bradford
J. .C.
*$5,805,298 *$2,288,000
4,563,800
4,563,800
loss
Number
Ellis
169,
'
...
Electric
McGraw
the
shares under-
r
Bosworth, Sullivan & Co._-_
/
$76,877,694 $68,381,993
$13,312,949 $11,706,615
.:;
2529.
2643. !
p.
the
-
Inc.—s.
Co.
Boettcher
'
1949—24 Wks.—1948
1949—4 Wks.—1948
sales-_.__.___..
169, p.
&
Blunt
Co., Inc.—Current Sales 13.7% Higher—
Period End. June 18—
Retail
—V.
of
1,000
2,500
Co.——
&
Elair
other
and
taxes.—V.
for redemption on Aug.
1, next, $35,000 of
bonds, due 1975, at 103% and interest.
Payment
Bank Fanners Trust Co., New York, N. Y.—;
President; announced
$12,717,894,
to
underwriters
respective numbers of
Corp.___i 35,000
&
inventory
of reserves.
contingencies.
called
3ya%
This
in
'V.•/•;
■
^
,/T'^7;'f,'/No. of
A.-G. Becker & Co.. Inc.-a 10,000
Beecroft, Cole & Co
3,000
Bioren
Jersey Central proposes to finance the proposed construction project
temporarily from cash on hand, pending completion of a permanent
financing plan.—V. 169, p. 499.
V]'
1'
Jewel Tea
Watts
for
income
$1.05
restoration
$250,000
Lion Oil Co.—Five More Wells Completed—
;
Barrett, Fitoh & Co., Inc.3,000
Mason-Hagan, Inc.—
.3,000
Bateman, Eichler & Co.—^ 1 5,000^ "'.Masvn, Moran & Co._UXii!!V4,000
George K. Baum & Co.L—l- 2,000
• McAndrew & Co. Inc
i—,r 2,000
;
;
asked the FPC to authorize construction of a
39.4-mile natural gas pipeline in New Jersey connecting the company's
Coast Division system with Texas
Eastern Transmission Corp.'s Big
Inch line.
Estimated overall ccst of the project is $1,208,200.
has
company
$9,604,585
several
Go., Inc._i 20,000
Allyn and
C.
Baker,
thorize 39.4-Mile Pipeline in New Jersey—
1
the
Shares•r-™--"--
Arthurs, Lestrange & Klima
..
i
Securities
Union
A.
p.-1668.
252,660
$1.10
387,759
$2.71
and
at, the. City
'
Jacqbs
price
been
made
169,
:
V/v-,-'•/'•■>}■;*
"Launderall," Mr. Askerberg said,
paid for the Jacobs division was not disclosed.— V.
the
386,700
387,759
$3.49
credit
.
and alfalfa milling,
implements, oil field
feed
from
of
the
No. of
will
washer
*352,076
$200,000
of
field.—V.. 169,
follows:
as
have
be
See
.
names
stock
common
are
$9,372,853
473,186
tax
1947
Line Material Co—Proposed Consolidation—
•
,
"
written
$795,000
1946
$14,838,891
tl,117,188
1,414,161
—
reserve
There
will
.
to the Kansas State
116 communities having.,
to
flour,
as
revenues
,
■
manufacture
on
82
the
1949
1948
$17,859,592 $18,084,622
—
first mortgage
lighting equipment, cement,
clay
products
Wichita is a major center of the aviation
and
UNDERWRITERS—The
shares
$12.66
share
of
Kings County Lighting Co.—Partial Redemption—
I
other communities.
of- gas properties
In addition,
electric
32.4%.\
or
to
per
§After charges and Federal
•
company has sold
to Horton Manufacturing Co., Ft. Wayne,
maker of washers, ironers and driers, its home laundry equip¬
division, according to A. E, Askerberg, President of the Horton
firtn, which is moving all tools; dies, equipment and inventory of the
Jacobs division to the Ft. Wayne plant where the company will start
increased
fund on May 31, 1949,
were
per
share,
compared with $25,753,127,
Nov. 30, 1948.—V. 169, p. 2753.
profit
'Includes
for
.
This
shares outstanding of
from 1,975,449
to
the number of
Fund
shares outstdg.
Earnings per com. share
For the first quarter of this year the company reported a net loss; ; industry in the Southwest;
The company has shown a steady growth in number of customers
of aviation orders, Mr. Kohnstamm reports, now
stands at $6,300,000,
served, kilowatt-hour sales and revenues. • For the years 1944 through
the highest since the end of the war and an
increase of about $2,000,000 since the first quarter.^-V. 170, p. 6. V;-,/' ,1948, the. number of customers has increased from 84,374 to 98,266,'
or
16.5%; peak load from 101,900 to 134,300 kilowatts, or 31.8%;
I
v
kilowatt-hour sales from 555,730,000 to
644,440,000, or 16.0%; and
(F. L.) Jacobs Co.—Sells Launderall Division—
ment
total
,,
Stock
equal
$13.04
The
S2, made public July 6.
funds reached a new record
Fund
ten
assets
! Common
adjacent
manufacture
J
Ind.,
the
of
net
Common
Total
sales
§Net
.
"of $644,000.- Backlog
total
values
company
industries,
packing and
machinery, heating
:
he said.
amounts to. $1,065,000,
retail
at
by
meat
* The remaining debt for machinery purchased from the War Assets
Administration
service
served
area
diversified
are
Keystone
of
9 Mos. End. April 30—
1948 of 323,756.
is basically agricultural.
The
mining of mineral resources, including coal, oil and gas and the
processing' of these and of agricultural products comprise
a
substantial
portion of the area's economic activity.
In
the territory
the
position.
Therefore,
substantially lower."
Electric
The
market
at
King-Seeley Corp.—Earnings—
earnings
most of the southeastern portion
approximately
6,000
square
miles,
comprises
area
section
aggregate estimated population
an
funding of current obligations for purchased machinery."
Mr. Kohnstamm also said that "liquidation of the-company's inven¬
•>>
,
,
appliances Jn
such
sell
all
of
small
very
line.
? F. R. Kohnstamm, President, declined to reveal the amount; being
sought from the RFC in the new application.
But he did state that;
44the application will take into account arrangements under negotia¬
for
equal to
•
territory
a
Funds
Keystone
end of May.
six months period
the
Income
Net
,.
Kansas
and
report
$25,973,933,
operating public utility principally engaged in
transmission,
distribution,
and
sale
of
It merchandises electric appliances to a
smaller towns it serves,
and cooperates with
an
"
tion
property,
in "1925.
:J)
ten
the
of
shareholders
2,051,339..
purchase,
and energy.
power
Company
continuing
are
by
limited
but
•,
K
is
company
independent
been
application for a smaller amount would be
said that in view of its improved capital
that a revised
but
considered.
position
authorization,
generation,
limited
-
5 The company has received notification from the RFC that its
for
a
$1,500,000 loan to increase working
capital, has
cation
the
assets
net
at the
During
FINANCING
Outstanding
AND
electric
denied,
to
as
,
Heintz Precision Industries, Inc.—Denied $1,-
&
of. 51,564
PRESENT
$5,417,306
$5,813,935
31,
the
number. of
BUSINESS—Company
was
incorporated in West
-Virginia Dec. 11, 1909, and is qualified to do business in the states
of Kansas and Missouri.,
Company has no subsidiaries, but itself is
a
subsidiary of American Power & Light Co. and Electric Bond &
The
Jack
TO
EFFECT
GIVING
$1.48
1949—4 Mos.—1948
1949, amounted to $168,139,000, an increase of $566,500
$167,562,500 reported on Nov. 30, 1948, it is disclosed by the
May
semi-annual
provisions of the mortgage and deed of trust.
other
HISTORY
common
preferred
cum.
and
2,000,000
1949—Month—1948
$1,591,179
$1,250,736
—
Common
Supreme
1938.
in
remaining
company's
S.
invalidated 39,468
which
shares issued to holders of former common stock in
mon
of
pumber
shares
common
was
that
announced
has
company
Its -outstanding
for its -services, its
inclusive may require
series due 1970 *Unlimited
$16,000,000
series due 1978 'Unlimited
5,000,000
preferred stock {$100 par)
100,000 shs.
65,500 shs.
preferred stock (no par)
100,000 shs.
15,511 shs.
stock (no par)
1,000,000 shs. 700,000 shs.
cum.
$2,956,570
2,000,000
169, p. 2643.
over
bonds, 3%%
mtge.: bonds, 3
mtge.
$2,966,385
Keystone Custodian Funds, Inc.—Net Assets Rise—
on
approximately $11,200,000.
Authorized
1st
$6
i
of growth of demand
for the years 1949 to 1951
expenditures of
1,210,000
$1.48
April 30—
income
Combined
,
estimates
program
aggregate
Stock—
Common
Reduces
Aug.
stock
preferred
360,000
—V.
CONSTRUCTION PROGRAM—The company contemplates that, based
Preferred Issue
Iowa Southern Utilities Co.—To Create
$4,166,570
1,256,368
share—_v
End.
Royalty
company
stock.
'mon
1948
$4,222,753
outstanding.:
per
Period
stock at the rate
of $1.60 per
to Dec. 31, 1948.
A
quarterly dividend of 45 cents per share was paid on March 31,
1949, and a quarterly dividend of 50 cents per share was paid June
30, 1949, to holders of record June 10.' -It is the present intention
of the company hereafter to declare dividends quarterly
on the com-
> as
taxes
—
;
shares
Earnings
common
•
The
1949
income
taxes.
profit
Capital
quar¬
stock in
from 1910 to date with the exception of the year 1921.
full.
Federal
income
.
the company's preferred
RECORD—Dividends on
DIVIDEND
,
&
7
.
.
will receive the proceeds of the sale
by it to the underwriters of 450,000 shares of the company's common
stock,
such
shares
representing all
of
the common stock of the
Power
American
(107)
From Jan. 1—
Gross
from
Net
from
Net
ry.
railway——
railway-
oper.
'Deficit.—V.
12,784,584
6,615,801
income—
169, p. 2529.
9,787,471
(108)
THE
Lucky, Stores,
first mortgage bonds of Mexlight, Pachuca
& Power Co. and Mexican Electric Light Co., Ltd., of which
approximately $965,062 principal amount is held by approximately 103
persons in the United States and that the 5% cumulative income de¬
benture stock will be issued to holders of the presently outstanding
5% second mortgage bonds of Mexlight of which approximately $999,342 is held by approximately 12 persons in the United States.
V
The hew indenture of mortgage and deed of trust do not meet the
standards of the Act but are alleged by applicant to comply with the
laws of Canada and Mexico.
Applicant further alleges that compliance
with the provisions of the Act would
unnecessarily complicate the
consummation, of the plan
and would
not benefit any substantial
group of American investors.
The application therefore requests an
order exempting the first mortgage and collateral trust bonds, series A,
and the 5%
cumulative income debenture stock from all provisions of
The
company filed a registration statement'on June 27 with the
SBC. San Francisco Regional Office, under which 400,000 outstanding
Common shares
($1,25 par)
of the company are offered for public
sale by Blair Holdings Corp.
The public offering
price, names of the underwriters, and undertfrfiting terms are to be supplied by amendment.
The 400,000 shares owned by Blair constitute 76.2% of the issued
and outstanding common shares,
Blair acquired all of the then out¬
standing common shares of the company in Sept., 1943, from the
issuer's officers and directors. It acquired an additional 75,000 shares
W Dec,, 1948, at $4 per share to provide the issuer with additional
working capital and replace funds used for modernization and pur£Mse of fixtures and equipment. These 75,000 shares were resold, at
cqH, to Blair & Co,, Inc., a subsidiary. The combined holdings (475,OGQ shares) constitute 90,5% of the 525,045 shares now outstanding.
Bile of the 400,000 shares will reduce this interest to 14.3%.
The company now operates 33 grocery stores, 30 in the Ban FranfcfSfeo Bay area counties and one each in the Cities of Modesto, Sa-
lifiis, and
Sacramento.—V.
169,
Act—V.
the
Months Ended
Nine
Net
sales
Profit
after
Federal
that
the
per
♦Loss.—V.
an
has
line of
received
of
family
ownership
and
of
manage¬
1949
—v.
169, p. 7.
cash
1948
1947
$295,561
McAIeer Manufacturing
$0.51
,
1949
..
Ndftiber
of
per
-^V.
p.
169,
—
income
taxes——
shares
common
Earnings
$1,700,528
v 153,477
203,800
$0.69
,
share—
common
1948
$2,043,108
172,542
212,700
$0.75
—
and
AAA
"A
■
Co.—Earnings—
Six Months Ended Jan. 31—
Net sales
JYtl profit after charges
issue
to
additional 560,000
seli an
and
Corp., another sub-
to Electric Power & Light
604.
Light
&
Mbnths Ended Feb.
28—
for dissolution
plan
the
under
♦The indenture,
Nfet Sdles
Power
return
&
for
New Orleans
Light and
such
383,956
270,253
Uniform
$4.74
be
of
be
July
on
regular
13,
way
■
National
the
consider
an
and into this
Aug.
on
7
(not
agreement of
Aug. .4,
merger
of Line
company
providing
170, p.
7.
Dollar Volume of New
—
,
.
.
t)
stockholders, said in part:
20, 1949, cash, U. S. Govern¬
ment bonds and accounts receivable amount to
$6,990,128.
Accounts
friable, dividend payable on July l on the company's class B stock,
stock
Fed.
of
itenl shown
in the company's balance sheet at the end of 1948 coverPostwar refund of Canadian excess profits taxes in the amount
of $222,427, was recently reduced to $6,423 by a payment of
$216,004
by the Canadian Government.
;"/'/■•'"'"'AAThe company's dollar volume of new work for the year to date
equals that for the corresponding period in 1948.
It is difficult to
evaluate prospects fpr the remainder of this
year, for
the business
recession has delayed new
projects in many instances.
As a result,
2644.
p.
$5,454,073
38,816
cents
stock,
!
Jan.
are,
these
materialize
keep
new
work
a
number
however,
at
this
soon,
this
of
time
fewer than
are
promising
year's
inquiries in
volume
of
new
a
year ago.
prospect.
work
might
If
well
with that of last year.
pace
ih9.?e °f ,**!e lar$er projects obtained by the
flUid
catalytic
cracking
n
completed
year.
bv
For
plant,
the
°ne fluid catalytic cracking plant
1950,
the
the
and
company
next
company this year is a
completion of which is scheduled
several
another
the
years,
will
finished
be
much
of
source
recently
was
later
of
in
the
the
com¬
pany s new work in the mining
industry in this country will probably
°, additional catalytic cracking plfflhts and their attendant
facilities for making higher quality gasoline and the
replacement of
&iifn a,
obsolete crude-oil processing units. For the longer term, the
®lpa
01? °i the petroleum industry into petrochemical manufacturing
to offer great promise
appears
for
new
work.
In
this
field, products
manufactured from crude oil are
being further processed into a rapidly
chemicals and synthetic
materials, among which are
the alcohois, synthetic rubber and
compounds for manufacturing plas-
United States, the need is great
"J
«■'
v/i69gp
for
additional
for manu^acturing all kinds of petroleum products.—
ll0
June
on
share
per
$10.
par
The
$0.06
Period End. June 30—
————~~~~
v
p,
' $8,(75,900
—
2529.
.
.
>'
1949—5 Mos.—1948
$3,468,300 $44,439,800 $46,124,700
j.
(i
,
.
MexicanXight
& Power Co., Ltd.
J™"1 ,ru^ Indenture Act—Seeks
Bank
for Reconstruction and
c^e
c°?Jpa"y baa fJled
an
1949—11 Mos.—1948
$4,466,704 $31,375,821 $25,578,214
Loan for International
to
defer
exempting from the provisions
5eI?!'iSoBA«^nd^' issued
ferie!
$11,092,400 to be
843.
p.
-
:.x
•
-
■
1949
from
Net
ry.
the
Act,
Divs.
from
Net
ry.
*
principal amount
and
deed of trust
a
National
Trust
dated
Co.,
as
of
of
$6,606,200 to be issued by
l, 1950 between Mex¬
Feb.
Ltd.
apPii^ation states that Mexlight is a Canadian corporation
engaged in the generation and distribution of electric
power in Mexico*
?wn6 no ProPerty and does no business in the United States!
JbaA a? a condi«on for a loan /of $26,000,000 in connection with
fujf ?
'
exPansion Program to increase its facilities in Mexico,
the
aftd
.
international
ffti! !», ®
for
Reconstruction
and
Development
rf5uired, Mexlight to reorganize its capital
B,ank loan wil1 rank Paripassu with the
indebtedness
™rld
mortgage
certain
Bank
of
of Mexlight
,
its
and
its
subsidiaries.
W!U be submitted to security holders of
subsidiaries
for
approval
pursuant
to
(World
'A '.v
before
taxes
the
provisions
of
Companies Act and the Trust Deeds under which the
Iids and debentures were issued. After approval by the
A? °1each class of Becurity holders, the plan must be sancu
tiojied
lateral
by the Supreme
^
trust
.
Court
of
Ontario
before
it
^ur^ber indicates that the first
bonds, series A,
are
'/
to
be
■
issued
to
•
becomes
effective.
127,129
$430,943
$405,676
preferred stock
on
'
70,000
70,000
$357,267
$360,943
—V.
169, P. 2422;
V. 167,
1696.
p.
,
Subs.)—Earnings—
Monogram Pictures Corp. (&
39
income
-
shares
♦After
v.
effect
giving
to
Federal
.A/'-.; ■A,",.-A:;
169, p. 8.
-
*97,899
760,719
*463,090
760,719
charges and taxes—
outstanding
after
loss
Net
April 2,'49 Mar. 27,*48 Mar. 29,'47
$7,724,778
$6,590,540
$5,743,340
Ended—
Week*
Gross
*260,991
753,019
$0.35
credit.
tProfit.—
Nil
carry-back
tax
A'A;i/:: -^-A-'AA
^
'^A"/; A';A''
Gross
1949
—
1948'
$736,242 ' $825,699
336,404
452,252
from
Net
Net
ry.
railway—
railway—
from
;-
1946
$264,252
91,416
225,706
302,095
12,115
3,256,299
3,216,915
1,394,037'
1,483,516
397,706
429,891
A/- : 'A - A/A. '-/ A,.
3,499,986
1,883,524
862,848
2,117,423
862,396
196,546
195,520
income
oper.
1947
$897,652
522,058
-
From Jan. 1—
from
from
ry.
—V.
railway
-
railway-.
income
2754.
oper.
169,
p.
Montana-Dakota Utilities
Co.
—
;'V:;,A:v,
Company and Mon¬
Federal
The
Commission
Power
been
has
asked
authorize
to
con¬
proposed $8,419,880 pipeline project which would make
35,000,000 cubic feet of natural gas per day
customers of Montana-Dakota Utilities Co. in Montana and North
struction
of
an
a
additional
Dakota.
South
joint application filed with FPC by
A
Montana-Dakota and Montana-
Wyoming Gas Pipe Line Co. includes plans for a 340-mile 123/4-incb
pipeline extending from the Worland Field in Washakie County, Wyo^
to
Montana-Dakota's
Cabin
Creek
compressor
station
in Fallon
Mont.; a combination gas compressor, dehydration and sul¬
removal plant, near the Wyoming origin of the line; and two
lines, one connecting with the present gas distribution system
phur
1947
1946
$936,993
Miles
at
City,
Fed.
..
7,623,032
7,322,089
5,614,813
1,126,254
1,235,375
1,919.785
127,174
399.686
446,721
803,238
*374,246
v
"
2530.
and
1948
'1947
operated by Montana-Dakota.
56,000
19,000
18,900
*$24,342
$790,132
$327,465
1,374,145
1,374,145
1,399,345
Nil
$0.57
$0.23
$275,010
1,375,145
$0.19
,
169, p. 1336.
Mississippi Central RR.—Earnings—
May—
1949
ry.
oper.
irom
from
Net
ry.
$197,204
>
income
"
From Jan. 1—
Gross
1948
$184,684
39,718
railway—_
railway—.
26,574
20,093
7,801
A
A
railway-
963,037
.
878,801
784,647
277,157
219,910
77,911
In
of
separate
a
application,
authorize
available
for
exchange on
>
railway
income—
498,517
640,822
ry.
;AA
1946
Knife
$5,412,847
$4,720,575
1,071,789
397,939
A':.;:1
"
168,554
:;^A;A5'
railway-
31,115,305
30,362,401
26,21*1,865
24,606,474
7,103,837
2,369,453
6,695,905
5,510,074
2,410,225
1,940,695
4,919,194
1,817,770
oper.
income
L-
new
P*
Mining
Co.,
a
The
company
ing
June
rights
common
23,
to subscribe,
stock
(par
shares
4
common
has issued to the holders of its
transferable full share subscription
$1)
stock
in
warrants
of
evidenc¬
at $12.50 per share for the 51,184 shares of
at the rate of 1 share of common stock for
held, such rights being extended
accordance
rights expire 3
stock
common
p.m.
with
(CST)
their
to
the
preemptive
holders
rights.
of
the
Subscrip¬
July
14.
The full share subscription warrants also grant to the holders thereof
the additional right to subscribe at the same price for such number
of shares of
common
stock
(in addition to the subscription
fight
mentioned)
such
ers
the holder
as
additional
of
record
of
of
subscription
common
suoh
right may
stock
additional subscription right is
than
warrant
as
of
may
desire,
provided
that
tjfe exercised only by the hold¬
the
record
date
and
that
such
subject to allotment in the event that
51,184 shares are subscribed for under such warrants.
'v /.■/'■' A'
•
$6,000,000 Bonds.—See
Utilities Co. above.—V. 169, p. 2316.
Sell
Line—To
Montgomery Ward & Co.,
_record
A■
'AAA
'A:A\VA;'
Pipe
Montana-Dakota
Montana-Wyoming Gas Pipe Line Co.—To Build
nation—
Rights—
and includes net income of
subsidiary.—V. 169,
wholly-owned
-'"A1 --ivvW;
169, P. 2754.
Missouri Utilities Co.—Stockholders'
1949—12 Mos.—1948
$3,616,984 $11,956,166 $10,627,173
829,617
1,871,486
1,838,591
$4,273,105
915,884
and Federal income taxes,
Coal
River
2316
STATEMENT
1949—3 Mos.—1948
-
671,651
railway-
from
Net
V
•'
income
♦After charges
1947
railway—_
from
Net
—V.
1948
$6,356,694
1,633,152
From Jan. 1—
Gross
a
COMPARATIVE EARNINGS
Period End. Mar. 31—
♦Net
-Earnings—
1949
$5,900,869
1,363,675
oper.
<
-
corporation organized May 20, and
Montana-Dakota have main offices in Minneapolis, Minn., and offices,
as far as shown by the application, are the same;
Operating revenues
from
a
Montana-Wyoming,
Both
42,274
income—
May—
the Commission
217,418
issuance of
pipeline.
posed
—V. 169, p. 2530.
Gross
asked
Montana-Dakota
shares ($5 par) common stock to be
share-for-share basis for a maximum of
the same number of shares of Montana-Wyoming's ($5 par) common
stock
during the three years from Jan. 1, 1956, to Dec. 31, 1958.
Montana-Dakota said the purpose of permitting the exchange of stock
between stockholders of the two companies would be to facilitate the
sale of Montana-Wyoming's stock and the construction of the pro¬
to
142,301
98,873
sale
note payable to the National City
and 135,000 shares of common stock at a price to
of
$10
per
share net.
653,528
234,074
61,867
railway—
oper.
1946
$129,045
45,572
35,289
10,014
1947
$146,659
83,814
Montana-Wyoming's proposed construction in¬
$6,000,000 in 3 %% first mortgage bonds, a
Bank of New York,
provide a minimum,
for
plans
and
issue
$900,000 IViVo
$256,110
taxes
profit
_•
Capital shares outstdg.
Earnings per share..
Net
served
clude
$346,465
says it' needs the additional gas because of declin¬
in its own gas fields.
The application says that the
of Forsyth, which now has no natural gas service, would
within the next five years.
pressures
Financing
1946
$846,132
and
Montana-Dakota
be
1949
inc.
pipeline
main
340-mile
The
ing
*$24,342
from
distribution
connecting with a
in Forsyth, Mont.
combination plant would be con¬
structed and owned by Montana-Wyoming and operated under lease
by Montana-Dakota.
The branch lines would be constructed, owned,
A
Net
from
other
the
and
system to be built by Montana-Dakota
•158,971
^
♦Net loss —V.
Mont.,
♦105,802
more
the
17,500
$475,676
70,000
172,672
mortgage and col¬
of
$116,615*"
——
107,203
the
holders
128,662
$427,267
186,081
46,638
,
A $99,115
'
7,576,604
„
169, p
Federal income
tion
.
$558,072
branch
Mission Corp.—Earnings—
The plan
and
A -$555,929
386,739
Quarter End. Mar. 31Profit
each
Mexlight
$661,757
deductions
community
structure so
existing first
for
35.373
$163,253
$1,495,582
33,965
...
Deficit.—V.
ry.
?r?* °! £eb- b 1950 between Mexlight and its subsidiaries
Trusty Co., Ltd., Toronto, and 5% cumulative income
Stock in the
37,069
$1,588,058
251,964
161,984
oper.
Net
National
Mexlight under
railway.
railway....
Income.
from
Net
from
indenture of
$518;860
58,660
Balance
and
From Jan. 1—
Gross
Net
an
1948
$1,469,934
-
railway
oper. income.
first mortgage
by Mexlight under
railway..
from
due 1975 in the principal
A' 5%
amount of
light
of
$603,097
8,391
income
Net
dividend
semi-annual
the
July 15 on the 5% cuinulattive preferred
regular payment on this issue was made on
Missouri-Kansas- Texas Ry.
application with the SEC pursuant to
Act of 1939 for an order of the
$154,862
—
income
available
due
May—
Gross
Net
Development—
Si"3.04 <d) of *he Trust Indenture
Commission
and
Seeks Exemption
—
revenues-
248,313
248,622
County,
Net
_
265,163
1,428,488
tana-Wyoming Gas Pipe Line Co. Ask FPC to Authorize
Natural Gas Pipeline Project — Montana-Dakota Also
Seeks Approval of Common Stock Issue—
,
:
/
Minneapolis & St. Louis Ry.—Earnings—
Net
1949—Month—1948
297.052
63,705
inc.
income
Income
$0.01
———A—
:/>A-v'vAV;-
voted
29
last
1949.—V. 168,
15,
Gross
Mercantile Stores, Inc.—Sales—
$522,699
93,049
taxes
res.
oper.
Gross
600,000
:A;A^ AAAA'A/A' vAA'Y^AY'-AA;
_
..
accrual
31, '49
$2,755,262
1,718,004
262,817
255,581
6,537
600,000
:
(Calif.)—Preferred; Dividend Deferred—
directors
25
2,089,253
State
Net
Gross
.
active inquiries for
&
Other
to
The
1946
$2,448,122
603,135
Retirement
Net
$2,576,622
169,
Milliron's
fedjrances by customers on contracts in process, sundry payables and
taxes, including the balance of Federal taxes on 1948 Income, amount
td $2,920,402, making net working capital equal to $4,069,726.- The
There
rev.
Net
u- i949--Month—1948/
Period End. June 30—
Sales
—V.
1947
deductions-
Oper.
May_
Miller-Wohl Co., Inc.—Sales—
A
H. R, Moornouse, President, in a letter to
From unaudited accounts, as of June
Years Ended Dec. 31
1948
$3,254,565
Mar.
of
1948
$5,004,027
Net profit
Capital shares outstanding—
Earnings per share—
/—L'.
;
—V. 168, p. 1365. A
'"■'■•■"v.*,
previously reported)
for the merger with
as
Material Co.—V.
(Arthur G.) McKee, & Co.
at 1948 Level—!;
*
Association
1°49
1,/"
McGraw Electric Co.—Special Meeting Aug. 7—
The Stockholders
not limit
time, but
contained
$914,751
«
■
.
revenues
Earnings per common share—--/,■
1949. All contracts on and after July 11,
unless otherwise specified.—V. 170, p. 8.
Quarter Ended March 31—
Will
supplemented, securing the bonds, does
as
Operating
Common
-
Midvale CO.—Earnings-
A
.
14,000 shs.
255,920 fibs.
therein.
$4.21
Federal income taxes.—V. 170, p. 7.
23,000 shs.
500,000 shs.
Monongahela Ry.—Earnings—
Committee
Practice
settled
shall
1949
270,621
$3.27
shall
:
,
transfers,
.Securities Dealers, Inc., District No. 13 on July 5 announced:
All "when-distributed" contracts in the no par value capital
1947
400,000
r
amount, ol bonds which may be outstanding at any one
provides for the issuance of bonds subject to the restrictions
common
For the week ended June 30, 1949, the System Input of subsidiaries
of this corporation amounted to 96,050,000
kwh., an Increase of 14.A 120,000 kwh„ or 17.2%, over the corresponding week of last ytar-
$18,168,662 $17,110,988 $13,046,548
1,300,602
1,328,484
1,185,966
•Net profit
pbrnmort shares outstanding—
Birnings per common share
*Aftef charges and
1948
$400,000
the
of Electric
Light recently approved by the Commission and by the U. S.
in Wilmington,
to which Electric transferred certain
and
its then common stock holdings in Mississippi, Arkansas,
The
1949
2,500,000
C, 3'/4%, due June 1, 1971—
sinking fund debentures, due
'April l, 1963------q
Preferred stock, 5%. (par $100)
—
Common stock (par $1
Stock Delivery Ruling—
§lx
400,000
Court
Weekly Input Increased 17.2%—
McCord Corp, (& Subs.)—Earnings—
•
$3,150,000
due June 1,
Co.
created
was
: S
Outstanding
«
A
"
1971—
Series B, 2%%, due June 1, 1971—
.
Public. Service Inc.
Electric received 4,400,000 shares of
stock, of which 3,682,695 shares were distributed
to its preferred stockholders and 717,305 shares were to be available
for common stockholders and option warrant holders of Electric.
The Mississippi and Arkansas stocks the subject of the present trans¬
fer represent stock subsequently acquired by Electric by the investment
of $3,000,000 and $4,000,000,
respectively, in such companies. Under
the Electric plan,
these shares are for distribution to the common
stockholders and option warrant holders of Electric..
375,000
$0.66
$0.51
450,000
A f-.y: :: /vAxA'A'^'Aa'A ;AA
•
Nil
subsidiary of Electric Bond & Share Co.,
York
stock
Power
Middle South
$193,327
450,000
$229,277
$0.43
.
$0.25
$1.11
&
Louisiana
1946
In
$193,279
450,000
Series A, 3Va7*,
FINANCING
THIS
Authorized-
'*■'
.
authorization
common
Middle South
Lynch Corp. (& Subs.)—Earnings—
'
New
SEC
Arkansas
District
„
*$7,987
205,945
sidlary of Electric Bond and Share, at $16.25 per share.
As consideration therefor, Electric will pay $2,100,000 in cash
and
transfer to Middle South 300,000 shares of the common, stock of Mis¬
sissippi Power & Light Co. and 320,000 shares of the common stock
Power
*nd Federal taxes—„
capital shares outstdg.
Earnings per share,
205,945
'
ment.—V. 170, p. 7,
Quarter End. Mar. 31—
Nfet profit alter charges
169, p. 8.
'$51,448
*
A
3%%
•
45,258-
—
"'A;'-"AAV'.'
A"- "
-•
bonds:
mortgage
Series
•;—
f
$229,313
205,945
——
outstanding—
common share.——
company,
shares
Anniversary—
uninterrupted
•A','."
EFFECT TO
GIVING
CAPITALIZATION
3 Mos. End.
138th
under
_
*
•
Middle South Utilities, Inc.—Sells Stock to Parent—
The
anniversary of the continuing production of iron and steel
plate on the banks of historic Brandy wine Creek, at Coatesville, Pa.,
Was observed on July 2 by this company.
The occasion is believed
tihique for the reason that the company. *sirce Its founding in 1810, has
been
•————
Earnings
in operation as scheduled on July 6.
The mill was
shift down June 19 for necessary overhauling and repairs..
Observes 139th
profit
shares
#iS placed back
The
'
to
sought by this offering may not be obtained, the company will meet
any deficiency by deferring such part of its immediate construction
as will not impair its service or will resort to temporary bank
borrowings pending other permanent financing.
•/:
*53,245
net proceeds will be added to the general funds of
and will be used for construction of additions and im¬
its properties.
To the extent that all of the funds
company
program
A
82,981-.-
<_
as
PURPOSE—The
the
First
31,533
-
140,547
carry-back
Common
four-high mill
company's 120-inch
369,860
;
\i;>
firm,
provements
'
Net
demand for steel plate and steel plate specialties has
in the furloughing of an additional 150 employees of this
coftipany, it was announced On July l.
Most of the furloughed em¬
ployees are from Lukenweld, machinery-making division of the compahy.
announced
1
"dealer manager," will form a group of "dealers
in
securities, who will act as agents of the company for the purpose of
soliciting the exercise by stockholders of the subscription warrants.
that
1948
1947
$2,808,846v $2,386,083
$3,375,50^7
taxes„_»I__^
credit——
income
tax
decreasing
resulted
also
■' V-.-v
into
under wmcn
entered
has
SUBSCRIPTIONS—Company
OF
agreement with Edward D. Jones & Co., St. Louis, Mo.,
an
'
/•//>/v:'*
,
1949.
30—
charges
Income
was
April
—.
Lukens Steel Co—Mill Back in Operation—
It
A."
2754.
169, p.
Micromatic Hone Corp.—Earnings—
7.
p.
SOLICITATION
Light
SEC—
1949
Monday, July 11,
CHRONICLE
FINANCIAL
&
presently outstanding 5%
With
Calif.—Registers
Oakland,
Inc.,
COMMERCIAL
Leslie
years,
that
F.
has
of
a
meeting in
Mr.
Crews
His
Inc.—Crews Submits Resig¬
'A''
'
corporation for more than 20
resigned.
He has served in varying capacities, including
V'ce-President
and Director of Research.
At the board
1943, when officers were re-elected for the following year,
associated with this
Crews,
was
office
Vice-President
not
as
renamed.
Director
was
of
^
Research
was
named for the position.—V.
abolished,
therefore
no
169, p. 2644.
Moore-McCormack Lines, Inc.—Earnings—
Quarter Ended March 31—
Net
proi'it after charges and taxes
shares outstanding
^.i—
Earnings per common share—.
Common
—v.
169, p. 8..
-
a
"
1949
$1,585,682
1,524,412
$1.04
1948
$3,403,564
1,524,412
$2.23
1947
$2,147,424
732,730
$2.92
Volume 170
Number 4819
THE
Morrison-Knudsen Co., Inc.—Earnings—
.
...
(Including
.
Domestic
Common
shares
Earnings
per
sales
$953,967
$1,017,091
outstanding—1—
share—.—~
common
-Revised.—V.
Net
N6t-
profit
169, p. 1886.
699,200
$1.40
—_*
after
—V. 168,
48.
p.
New York, New Haven
1947
Period End. May 31-—
1
1,452,802
1,000,000
1,000,000
$0.57
.*
__
$1.45
National
Murphy Chair Co., Inc.—EarningsPeriod
Total
March
Ended
sales
31—
-___—,
Commercial
*
$431,781
348,960
458,487
121,033
*$29,112"
—____—__1__ /
income
$47,240
Earns,
—V.
Co.
1949
•
sales
Net
$626,760
.* 111,933
—
expenses
Net
'
<
Cost' of - sales
Vulcanized Fibre
Quars. End. Mar. 31—•
1948
1949
,
169,
share.J
cbm.
per-
$0.86
/
1671.
p.
344;578
"
$0.67 ,*
,
.367,012
„
$0.79'/
'
v
Net
'"
Income
gain
Other
sales————_____—
on
income
—
2,644-
6,026
——_______—
*$26,468"
$53,266
Sales—
Cr6,688
: 20,550
—V.
Period End. June 30—
Total
profit
Reserve for
income tax——
—
Nonoper.
Neisner Brothers) Inc.—Sales
Higher—
__—_______—________________
1949—Month—1948
$4,385,316
169, p.-2531.
r
Federal
1949—6 Mos.—1948
•
ket
profit
•Loss.
:__r__—_______
share—
_
per
Fixed
Net
•
tBased
New England Gas &
$32,716
Nil
$0.14
For
231,200 outstanding shares.—V. 167, p. 2032.
on
(G. C.) Murphy Co.—Sales Show Gain—
1949—Month—1948
*
Sales
compared
169,
to
in
stores
stores
209
year
'
Nash-Kelvlnator
According
Nash
to
Motors
The
...
under
Ford
year
moved
of
"
•'
the
Ltd.,
formal
opening
to
the
has
Adams
been
operation
income
company
readjustment
asset
value
only
the
at
the
the
to
a
of
the
'
i.
-
between
Dec.
end
31,
of
recent
corporation
and
1948
assets
a
somewhat
of 1948;"—V.
evidence
during
this
of
May
by
of
:';•••
the
corresponding
decrease
a
ago.
kwh.
of
2,526,658
for
Net
a.
mately
of
kwh.
This
This
1949.
of
the
'
v
railway___I
169, p. 2645.
Acme
Co.—Earnings—
Quars. End. March 31—
Profit
before
Federal
1949
taxes-4
inc.
profit
Capital shrs.
Earnings per
—V.
'
'■
Ne{
363,857
ry, 'oper,
238,884
115,816
166,631
3,442,641
3,689,301
3,574,919
",V
Net ry,
$1,027,798
—V,
394,000
$0.59
$0.65
'1
$633,798
500,000
500,000
the
ment
Fibres, Inc.—Earnings—
Quars. End. Mar. 31—
sales
,_I—
;.7
Gross
'
Federal
Net
profit
shrs.
Earnings per
•Includes
353
in
eludes
—V.
1947
Net
$4,968,538
,806,854
*113,598
~
547,548
$848,405
of
//
cloth conversion
2530.
p.
$0.59
and
profit
after
$0.50
_
Nil
sales
and
sales
to
169,
(&
J
1949—6 Mos.—1948
45,212
*
1,018,357
2754, "
p.
;
t
.
.
Subs.)—Earnings—
Net
-
1949
-
4949
.
CONSOLIDATED
:
Net" profit after
income-taxes
♦Earnings"
•Based
per
on
$5,299,533
EARNINGS
" '
:
6,289,448
charges
$0.69
$1.01
FOR
THE
Federal
sales.
Earnings per share
on
Comparative figures
FOR
•Net
No.
*
After
com.
shares-
'
8.
31,
THREE
•
'
common
&
Net
Total
'
'Mi^c.
$0.88
year.—V.
"months
nine
$i4,855,130
169, p. 2531.-
...
the
Net
•Net
sales
profit
Capital
shrs.
Earnings
•After
of
per
!
1949—9 Mos.—1948
$1,624,479
charges
and
deficit
*Incl.
Fed.
$0.25
$0.81
*Net
$0.63-
May 31, 1949 amounted to
corresponding period of last
1947
$3.86
tAfter
6 Months Ended Feb. 28—
Net
profit
after charges and
Common
shares
Earnings
per
—V.
168,
p.
1946
$8,101,500
307,648
$1.43
for
168, p.
contingencies
1564.
(& Subs.)—Earnings—
1948
1947
$374,223
$454,846
$232,384
128,470
64,392
64,392
share
$2.77
1365. *
"\
J,
4
'
1
"
Earnings—
1948
1947
$332,247-
67,144
$453,032
159,997
10,381
73,382
14,899
2,188,081
1,695,450
628,591
459,364
1,667,029
470,759
110,795134,499
16,66#
•
income
■
1946
V.'
$277,524
-
86,093
38,767
29;21«
-
•
1.932,247
375,912
railway___
lncomel__
'
80,285
"1
.
.
.
'
*
shr/;.
per
of
1
outstdg-
1,381,751.
1,430,496
Railway oper.
Railway oper.
Net ry.
p.
31—.
revenues
accruals.
$503,850
593,767'
•
$968,779
620,259
$0.02
-
620,259'
$0,74..
.$1.49
.
'
Subs.)—Earnings—
1948
1947
,212,007
1946
.
,
■.
$5,097,506" $4,026,914
t236,048
200,487
219,963
215,794
'
137,705
220,020
-
$0.51
income
taxes,
$1.07"
JAlso
after
•"
:
$0.97
re^
inventory
9.
Ry.—Earnings— ^
1949—Month—1948
expenses.
tax
308,800
1947
"
1949—5 Mos.—1948
$15,885,998 $17,861,254 $72,484,155 $71,003,642,
11,297,146
10,629,072
52,310,877
49,551,511"
revenues.
oper.
Railway
$4,588,852
_
2,464,434
$2,124,418
.771,047
Jt.^facil, rents*, (net Dr)
$7,232,182 $20,173,278 $21,452,131
3,634,426
11,382,688 *12,744,600
13,889
$3,597,756
-
Net
Other
income-.
oper.
ry.
income
i__ll
.-
income
.137,408
$3,018,984
$8,707,531
4,923,783
-
77,635'
77,028
$4,427,481 $12,476,538 $13,554,286
140,798
702,461
752,234
-
funded debt____
153,243
$4,568,279 $13,178,999 $14,306,520
157,173
767,563
810,441
Net 'incomej——__
/.;'
.
15,339
.
$2,881,576
$8,790,590
3,763,583
845,064
v
$2,865,741
$4,411,106 $12,411,436 $13,496 079
Int;
M
on
Sinking
&
funds—
res.
>
101,669-
96,823'
65,000
523,920*
9,793,516
—V.
169,
p.
$2,699,072
476,586
325,000
166,667
36,397,856
Balance oi income—,
'.
n
Appropriations
23,795,022
-7,142,087 ■'
32,119
4
-
"'
$52,403
$0.40
Miscell. appropriations-.
•
1,562,54$
220,109
k
share.
com.
Period End. May
J
'63,623,664 297,858,651 300,236,780
54,028,883 257,673,448 263,838,924
40,185,203
$4,301,700
812,650
621,359
share___^
"
■"
$100,000.—V.. 169,
Total
£rf
» .
-22,105,480
1948
$3,778,477
84,522
outstanding-:
common
9.
p.
Norfolk Si Western
1926.
/•':,
v.
,
1949
$2,719,763
.
1949—5 Mos.—1948
^
720,006
3,678,061
2,044,676
1,833,758
10,937,636
10,366,958
2,764,682
5,511,819
21,304,594
181,239
-
158,293
3,644,065
3,575,769
1,060,622
*1,777,757
<
________
inc.
taxes—
;1
$6.77
169,
/
..
.
Net
Net
'■
from-railway.
railway.
oper.
from
$20,822
2754.
p.
782,506
17,698,443
2,809,318
833,334
$4,147,616 $11,562,516 $12,186,159
2422.
North American
12,232,278
.■
$561,681
1949
.--$8,405,986
..
-
Cost
of
1948
-
railway—
>
865,934
May—
Gross
$5,291,696
810,621
Net
169,
p.
28,628,922
,
13,436,221
472,500
52,235,522
1,954,000
18,267,894,
1,160,000
taxes
.'$1,789,679
$729,928
$3,012,658
.$753,439
$0.52
t
—
per
$0.21
$0.88
$0.22
share—
3,435,033 shares
on
outstanding.—V.
169, p.
488,000»
2755.
•
.
Ry.—Earnings—
1949
1948
1947 /
railway— $12,149,180 $11,603,583 $10,745,190
railway
1,722,933
2,477,509
1,731,257
oper. income.
873,149
1,548,299
1,163,098
1946
,
from
from
Net' ry,
247,838
6,156,254
6,010,029
from
37,861,476 " 28,002,494
"
Gross
10,779,694
Net: from
4,666,289.
1,448,866
4,462,477
Net, ry.
-
—V.
Subs.)—Earnings—
$8,786,583
368,169
7,603
From Jan. i—
13,752,290
Incohie
income
profit
Northern Pacific
*
.
44,544,252
oper.
-
other
_____________
•Earnings
$667,11(1
-1946
1,525,137
c.
.,
42,671,148
ry.
1947
.
-2,084.775
and
(&
1349—3 Mos.—1948
1940—6 Mos—1948
$31,578,501 $14,638,649 $57,202,180
$19,509,333
income
3,029,566
'
$7,575,069
3,194,533
1,228,525
Income—
sales
•Based
$9,248,264
other
and
expenses
.--■
2,517,738*
—L.
Aviation, Inc.
Period End. Mar. 31—
Sales
15,041,596
769,513
17,301,649
-
*2,823,645.
$126,632
./
„
from. railway—12,663,030
2754.
New York
May—»
Gross
$3.32
Connecting RR.—Earnings—
1949
■
_
from
from
Net ry.
1949
taxes. 1
160, p. 16*
*
railway
railway
oper,
56,481,663
Deficit.—V.
169,
57,524,170
4,219,464
8,996,960
55,166,712
10,465,998
48,784,686
4,889,022
*131,461
2646.
•
4,434,183
6,765,746
2,343,520
—
income
p.
'
215,160
outstanding
common
tyay—
Gross
Net- from
Net
.
and
1949
,,
railway
per
serve
'I/
New York Chicago & St. Louis RR.—
-Earnings—
Gross
$3.30
reserve
£329,001 in 1948 and $185,000 in 1947.—V.
National Paper & Type Co.
will
system
own
company estimates
be spent for adjust-" ~
$361,490
,
•After charges "and Federal
-
/, /. '
4,486,224
-t
—'
__
Fjom,Jan. 1—
1943
taxes.
income
income.—V.
Net ry.
$0.45
Federal
\
ACCOUNT
9.594,781
1,935,964
$14,774,129 $15,206,697 $11,991,570
102,628
*874,887
*745,875
outstdg.—.
226,138
226,138
r
226,138
share
its
Susquehanna & Western RR.
;
shares
Net
$1,261,412
1,935,964
-
Corp.—Earnings—
1949
since
3,988,785
rents,
of
The
necessary.
about $500,000
To provide
the-necessary financing, the Publio
authorized
the
company
to issue ' serial" notes
Oper.
169,
Earns,
,
...
National Mallinson Fabrics
9 Mos. End. Feb. 28—
President
6,096,542
•
conversion
be
profit;
Federal
Net
Earnings—
ended
in
iac.
income
•
Net" sales* for -the
•
*■
oper.,,
deductions
fixeel
charges^—
Total
1046,
charges and Federal income taxes.
$17,291,050, "against
jt,
ry, oper,
income
Other
snares___^
""
ry.
accruals——_
> -
169, p. 2531.
-
*
3,282,460
$496,219
"
fr.
rev.
tax
Equip.
-
ry.
CompKHt
$66,135,197
1,935,964
$0:31
1 tRy.
1949
available,—V. 168^ p*
1,935,964
share-
Net
"
v
-
MONTHS
:
"
per
to
INCOME
Ry. operr revenues.-^ 58.350,689
.Ry.-oper_. expenses__i_
52,260,147
will
Nopco Chemical Co. (&
Secretary of this
companies,-it was ahnouhced
Assistant
railway
railway
oper.
-
$202,823
39,070
income—
1948
-
;
1946
1947
-$285,419
$209,109
120,530
55,008
27,360
89,259
54,085
*71,62
$162,043*
Gross
from
from
railway
railway-.
1,157,583
1,260,898
956,043
438,064
243,666
'
385,926
•
884,422
232,611
"
Net ry.
oper. income—
•Deficit.—V. 169, p.
totaled
output of this company for the week ended July
61,750,000 kwh.,' as compared with 57,422,000 kwh.
corresponding week- last year,
an
increase of 7.5% .—V. .170,
Northwest Airlines, Inc.—Seeks to Extend Its
From Jan. 1—
Net
Northern States Power Co. (Minn.)—Weekly Output—
Electric
174,589
2531
1,
1940,
31,561
-
243,241
178,359
,v
_.
.
445,836
-1
will supply
company
complete
a
Railway oper. incomeEquip. rents (net Cr>__
:
:
1949—Month—1948
j
1.
„
"
(Including All Leased Lines)
—
by
Quarters End; Mar. 31—
1949
sales :•
$4,519,148
•Net- profit __L_
-___
113,080
Assistant
+
31—
made
Net
$3.31
taxes___
$600,852
common
p.
"'1949—3 Mos.—1948
profit
of
V
an
affiliated,
Office
Aug.
estimated to save
by Nov. 1.
Official. an-. "
the Public "Service " Commis¬
'
THE
National Linen Service Corp.Period End. May 31—
$3.04
170,
_____
income
not
'
*
'•
■
Period End. May
31
)-
$3.42
MARCH
3,253,225
are
J
1947
Subs.)—Earnings—
:
Net. prefit after, charges and
1948
•-'t
'
shares.—V.
RESULTS
ENDED
4
and
been
COMPARATIVE
$23,261,775 $20,872,466 $22,595,904
'
common
'
leased
its
/.
-
ENDED MARCH
.
'
.
.
—.
6,289,448
MOS.
12
1949
St
"'•'V
and
2./He had
July
':
appointed
.
share
ccmmon
CONSOLIDATED
Earns,
; company
,
Maclean has-been
customers "about
tentatively
accomplished
was
railway
Earnings
1.50%. to
New Appointment—
$6,781,154
6,289,448
$0.77
.
National Lead Co. (&
Net
$4,751,494
6,289,443
—
outstanding,-..—.
share—
common
from
—V.
jssue
James A.
Island
system,
be
change
appliances
.
from
Net
2545.
4947
taxes-
on
shares
Earnings per
income
Staten
entire
Profit before Federal income taxes.
Federal income taxes:
2.861%.
———__
profit
Common
168, p.
,
$75,646,245 $72,458,652 $67,355,178
8,842,084
7,950,007
11,267,351
Federal income
taxes^____i__:—3,542,551
3,198,513
4,486,197
_
Federal
before
1.—V.
.
/
Newport Industries, Inc.—Earnings—
was awarded
on
a
bid of 99.21, a'net interest cost of
Halsey, Stuart & Co. Inc.; bid 99.15166 and Salomon Bros.
& Hutzler; 99.077, both for a* 2% %
""coupon,."
* *
" T
4
Proceeds from the sale of certificates will be used to' provide for
the following
new
standard-gauge railroad equipment, .estimated to
cost $14,534 400: 600 gondola cars; 2,000
hopper cars; 12 diesel switch•'ing locomotives; and six diesel road freight. locomotives.;
•
645,135
'
The
*
;
*615,312
Quarters Ended March 31...
Net sales;
Central
yield from
*376,919
4
,
Preferred Stock—
2.95%," according to maturity;
Other members of the
underwriting group were Bear,
Stearns & Co.; Schoellkopf, Hutton &
Pomeroy, Inc.; and
Reynolds & Co.
departments.
*730,489
'
•74,347
$787,500, of which
from
Net
Issued under the Philadelphia plan, the certificates were
reoffered, subject to authorization by the ICC at prices
-
Quarters Ended March 31—
Profit
1,974,231
RR.—Equipment Trust Certificates
underwriting group headed by Harriman
Ripley & Co., Inc. and Lehman Brothers won the award
July 6 of $11,400,000 23A% equipment trust certificates,
1 due $760,000 annually July 15, 1950 to 1964, inclusive.
;
$1,696,023 $16,310,605 $12,213,672
101,674
taxes.—V.
National Biscuit Co.
Sales
803,779
,,
(& Subs.)—Earnings—
chgs,_
income
$$113,598'
S
$2,092,736
•Before
$472,204
953,779
the
Common
New York
334,650
.
1949—Month—1948
sales
Aug.
4
.
2,790,518
327,188
will
"straight"
ryr oper,
-
before
or
on
•
3,444,148
'16,900
38,000
the
year,
appliances*
Net
Offered—An
■
departments of $4,671;$1,790,284..in 1946.
$Loss.
gin-
■
Period End. Jan. 31—
•Net
"
372,411
$559,288
*"" 953,779
National Bellas Hess, Inc.
Net
-
1948, $3,119,766 in 1947- and
$150,413 net profit of cloth conversion
169,
2,041,000
N.
mailed
its
of
From Jan. 1—
usual
be
-
.
,3.278,516
—
Commission
Gross
1946
$9,006,344
outstdg—953,779
share——
'
$0.89
sales
/,
1948
931,699
_____
Capital
/
$11,855,636
'
taxes
'/
1949
§1,395,953
taxes—
Fed.
will
•lSS.Sgi
*395,754
Net from-rallway_____c.
%
Guaranty Trust' Co. ofsNew York, 140 Broadway,
Y. At Dec. 31, last, there Were
outstanding 928 shares.
quarterly dividend of $1.75 per share oh the issue,, pre¬
viously declared, is payable Aug, 1 to holders'of record "July
20, 1949,
York,
The
>
$8,287,394
•Net
of
May—-
;
'
3,704,489
1,407,731
1,171,122
;
•29,343
*33,423
12,595,414
totaling $750,000 and maturing in 1957.—V.
been
(Including Wholly-Owned Subsidiaries)
bef.
1,370,599
_i
V
i
$542,813
123,551.-
89,132
of
a
of
gas
cost at
Service
ment
National Automotive
Profit
2531.
p.
$768,036
61,164
•66,479
be supplied to New York consumers Tor
"the first
this, company completes conversion
from
manufactured-
$230,000"
new
the
$723,121
352,289'
429,047
1,771,253
$704,114
>
sion which authorized use of the
flew fuel:
The Staten: Island- coriJ^
pany will purchase its gas from the Texas Eastern
Transmission CorpI,
which has already completed its line.
Since the
AH of the outstanding shares of 7 % Cumulative
preferred stock have
called" for redemption on Aug.
l^ nexk at $105 per share. Pay¬
will be made at
$1.27-
169,-p. 2316,
New
/■■
income
oper.
169,
1,398,966
.
gas'will
a'part
nouncement
•
1,595,182
NeW Process Co.—Calls 7%
$605,435
/..$1.21C:.
railway____
railway:—c__
-"
1946
&
changeover
—V.
•
500,000
,
1946
,
from
from
'
1947
46,666
income
1946
$745,337
148,054
Gross
Ry.—Earnings—
•
New York
1947
$646,405
Net
$230,222
• •
1948
•60j339
railway.
when
users
Earnings—
305,584
'
'
$1,407,430
...
$550,938
income_i._
oper.
for
The
'
$637,804
;
$981,435
376,000
$326,252
500,000
share
*
1947
202,000
$293,866
outstdg.^i.
V
:
$528,252'
202,000
Net
;
y
-1943
$495,866
taxes
income
,
900,265
'■
& Western
railway
Natural
From Jan. 1—r
National
ry.
gas
Drive,
1
from, railway;
income___-
$1,849,505
.
-
<
)(m
of-consumers'
Net
.
from
from
time
76
on
Memorial
on
.
Gross'from
$1,091,538
•
"
Richmond Gas Co.
Natural Gas for '
Staten Island, First in New
York, to Start Aug, 1— :
•
.
New Orleans Texas & Mexico
Ry.May—
1949
1948
of
$623,533
l
:
•New York
primarily for MIT. faculty,-a large apartment house
has thus jumped clear across the continent for its
design,
$129,290
;
„^_—
,
767,970
•Deficit.—V. 169,.p.-2422.
on
constructing:
investment in this field.—V.
300,000
179~688
$94,376
2422.
p.
-
$2,307,695
$405,948
oper.
Net
.
complete, was approxi¬
scarcely more than- one-half
be
today's market.
apartments in' 94 buildings
now
$1,691,503
.
Grpss
;
month
Expands
—
than
stocks
1
unique
net
to
627
of
•
which; is
company,
second
On the latter
stocks stood
eommon
consists
Cambridge, Mass.-
decline
a
property
said
of reproduction
cost
of land. "
acres
:>•*.
downward
a
estimated
$308,978
•
169,
From Jan. 1-*-
3.96%
or
corresponding
.
....
$4,500,000, which-is
the
81.5
>
railway
railway
from
ry,
Net
the
♦
-
79.4
54,000
Operations:
Net
week
company announces that it is expanding it's" activities in invest¬
housing by the purchase July 1, of Baldwin Hills
Village, a model
housing development located just within the southwest limits
.of. Los
Angeles, Calif. The price for the entire
village,
plant.
-
months,
common
in
is
75.0
153,594
income
_
63,872,352
77.9
taxes__
New York Ontario
"
ment
Sep¬
in
new
•
-
showed
31,
represented
higher percentage
162, p. 989..:. /
This
of
3,339,601
$1,225,972 •$1,177,208
$301,970
(net)
income
May— '
Grpss from
_
The
Toronto
new
equipment
Manager
"despite
for
*.
kwh.
production
year
•
activity
shares
percentage
56.41%;
at
business
-in
of
1.6%
date
that
announces
feet
$2,162,393
oper.:
_
New England Mutual Life Insurance Co.
Activities in Investment Housing—;
-
v
Nation-Wide Securities Co., Inc.—Net Asset Value—
The
the
...
will equip its Toronto plant with
type known in the automobile in¬
-
for
output,
kwh., or 3.16% *
corresponding week a
,
••
appointed
cubic
y
,
rail
$4,324,178
3,098,206
470,738
.
place
plant is
the
equip
of
'
170, p. 8.
kwh.
of
Gas output for
June, 1949 is reported at 535,346,000 cu. ft.
This
a
decrease of 68,968,000 cu. ft., or 11.41% below
production of
604,314,000
cu.
ft;
for
the
corresponding
month
last
year.*—V.170, p. 8.
:
"
*•
<■'
'
'•
:
/
; .
take
to
"...
S.
Thomas
124,155,000
,
$962,248
;
income
•Deficit.—V.
electric
is
„
advanced
most
dustry.
—v.
Begin
;
remaining
of
decrease
reports
belov»
of
'
ago,
below
to
Net
Association—Output—
Association
.
61,345,694
•
■
main
its
removal
this
for the month of June,,. 1949, the Association reports electric output
of
.
is "scheduled
;• *
year
1948.—V.
June
Factory
program
ago.
production
as
in 1946 from the Ford Motor Company
lease agreement, continued to occupy
it.
Motors'of'Canada,
facilities
th$
of
1949
June
a
President,
«,...
of
1
\
.
Canada,
time
-
will' complete
Mr. Mason said.
Nash
Mason,
W.
and
tember,
close
"
1
_
purchased
which,
this
Earlier
plant
!
TorOnto,
at
to
plant' was
ofi'Canada
the
',
'
v;
Corp.—Toronto
1950,
at which
be-completed.
early in
expected
'
in 1950—
George
plant
'
'
close
Electric
July
'
1
GaS output for the week ended
July 1, 1949 is reported at-110,880,000
cubic feet.-, This is a decrease of
13,275,000 cubic feet, or 10.69%
1949—6Mos.—1948
at "the
operation- at
y.
;
Production Early
operation
in
\
2530.
p.
211
were
ended
14,447,955 kwh.
This is a
bejow production of 14,918,693
$11,529,110 $10,853,587 $62,494,467 $57,563,127
There
week
of
*
Period End. Jun 30-^
the
$311,572
chgs. & cont. lnt;
.
*$19,780
—
$1,626,567
664,319
$4,302,447 $24,797,001- $23,625,883
Total
JEarnings
619,993
1'
Other than
Net
$931,565
Iriti
Operating > ratio
'
.
chgs; & "cont.
Net
$0.71
income
oper.
ry.
Fixed
$3,038,002
408,073
1949—5 MOs.—1948
revenue.
•
1946
$3,916,394-' $3,974;441
440,423
—
1947
Hartford RR.—Earnings—
$12,252,962 $14,464,494 $62,653,513 $70,162,265
Operating expenses—.
9,548,684
10,849,476
49,775,422
57,182,772
Taxfes'
.:
r__
1,022,000
1,045,000
4,887,000
5,300,000
Equipment rents- (Dr)_
279,801
373,505
1,341,946
2,987,678
Jt. fac.
rents
(Dr)
470,912
569,946
2,324,967
2,529,422
1
(& Subs.)—Earnings—
1948
$3,934,936
&
1949—Month—1948
Operations:
Operating
\
v
■.
567,221
-
._
Rail
}
/
(109)
$8,675,297 $14,860,251
-
$1.35
'
'
1948
_•
charges and-income1 taxesNumber
of
capital shares-^—1
^
Earnings per share
698,200
-
:
CHRONICLE
(& Subs.)—Earnings—
"Quarters Ended Dec. 31—
♦1948
1949
after charges and income taxes—__
FINANCIAL
&
National Pressure Cooker Co.
Subsidiaries)
Quarter Ended March. 31—
Net profit
COMMERCIAL
for
p.
9.
the
*
*
Type of
Low Fare Coach Service—
The
Corporation's legal an dstatistical
that,
t.liftrf
Is
a
staffs
broad
on
June 29 were pre-*
nubile need
and
demand
life
fox
extend.
.
press
the
an
whole subject.
be a showdown on the
may
ajppll-
™—™—
there
•
been
flights have
V. 170, p. 9.
operated
Gross
Net
the corresponding 1948
Net profit
Capital shares outstdg—
$1.68
$1,30
Earnings per share.—
—V. 168, p. 947.
$"
;,
1949—12 M08.—1948
'
$
'
$
$
8,080,801
586,358
1,733,884
8,667,159
2,700,335
37,545,555
12,272,148
$538,734
140,310
income.™
*21,259
56,591
124,203
50,679
Net income
Divs.
5,966,824
25,273,407
1,230,000
1,230,000
4,920,000
19,679,100
Norwalk Tire & Rubber
435,627
18,923
'
common
shares.
shares™
*761,588
Total
6,216,903
4,946,769
;
24,599,100
300,837
114,318
Earnings per
l^iNoxzema
$4.35
Operating profit
Fed.
$659,893
16,000
$1,066,049
1,374.007
$0.77
$1,466,982
1,371,730
$1.07
$643,893
1,371,730
$0.47
v"-.■/' -
jj^Olivcp Corp.—Earnings^"^
2,078,000
outstanding—.,™
10.
y,].[■
'
$3.65
$4.07
V.
802,933
'V'y
:
—™™
Fed.
4m
>.
•
in-
y.
1
;•
-
,a; v*"-'
-::y
'..
574.705
529,235
222,000
220,000
' 385,193
153,000
$352,705
$309,235
$232,193
199,963
Capital shares outstdg./
Earnings per share—
—V. 168, p. 1586.
,
199,963
199,963
$1.55
$1.16
;
$1.76
Quarter End. Mar. 31—
Gross profit
—'
Profit after charges—
*1948
1949
*
1947
18,403,515
23,290,668
23,133,033
24,295,582
93,883,012 100,348,851
21,683,111
22,296,431
8,174,363
8,541,103
.
10,741,544
9,798,789
98,020,496
13,043,967
3,762,033
1,547,172
2,270,000
44,536
890,000
104,003
Net profit
Common shares outstdg.
$3,442,056
2,000,000
83,506,084
2,000,000
$1,473,859
2,000,000
$1,70
$0.69
six
months
Packard
1948
of
dealers
,
$1.67
,
1963,
■
,
■:■■ -^
'-
,
before
:
Federal income
1949
taxes
1948
$5,137,933
1,997,000
1,674,000
'
Earnings
4,702,944
•After
outstanding™—™
per commdn . share—™
dividend -requirements
V. 169, p. 2755.
$3,463,933
4,702,944
$3,303,934
4,702,944
on
*$0.88
*$0.73
.
preferred shares
'
Period End, Mar. 31—
$7,620,463
6,583,928
■
exp.
(net)—™
$0.70
outstanding.
<;-./■
Clara,
Calif.,
since
early,. 1948.-
With
initial
an
.Short time
"
will
an
be
producing, cold. storage
announcement.
At
a
and
later
aircraft
date
it
Ange es.
To
.activities
•i-^
provlde Yor
new
,
and
etc.
Total
'Fed.
expanded
™
received
..
<
..
income
income
profit
$834,900
1,473,039
No. of com. shares
Earns,
per
com.
share.
$0.63
of
the
Net sales
Corporation*
company.
DHAW4
Profit
the
ANAM
Akntinnn
-r
,
oi
Net
from
ry.
Earns,
jofjn^factory, administration build-,
Ci'y.warehouse, boiler house, asphalt house, -batch materials storage
T-square feet,
nearly eight acres.—V.
well
—V.
1949
•
Z-"$tet profit•
Common shares
Earnings
:
_
outstanding™!!—I
per common share,
•Consolidated figures.
$Loss.—V.
$2,522,435
$75,144
-—™™
of 346 000
.
per
com.
$$75,144
736,979
$128,279
552,741
Nil
$0.20
169, p, 10
$3,486,899
$4,233,864
1,436,087
•Deficit—V.
1
.
A t\
Other income
,.
204,679
96,590
$107,489
555,911
.
$0.16
J
*1,398,472
3.445,506
*518,578"
v
;
Earnings—
1949
1948
.
1947
1946
170,
p.
389,968,466 363,704,723 312,097,365
46,553,542
44,155,742
15,233,863
6,583,455/10,603,518
*4,783,533
61,149,228
20.644,897
.
io.
;
;,v
'
■
'
■
1949
-
'$857,510
1,473,039
$2,797,778
1,473,039
$1.60
$1.85
-
1947
$1,470,000
510,000
$3,090,000
1,120,000
['■; $570,000
$960,000
5,752,004
5,752.004
$0.10
$0.17
-
y'y
$2,740,543
1,473*039
$1.81
$1,970,000
5,752,004
.
$0.34
■;
Perkins Machine & Gear, Co. of West Springfield, Mass,
y"—Dividend Again Omitted
£
1948
$885,000
315,000
before
>
on Common
Stock—
;
1948
AAI*
m
nnn
1947
$806,606
,
252,328
an announcement ori June 28 have taken
customarily voted at this time on the
common stock.
Similar action was taken three months ago on the
dividend usually paid on May 1.
Quarterly distributions Of 50 cents
per share had been made on- the common stock up to and including
Feb. 1, 1949—V. 154, p. 1269.
;
,
action
the
on
dividend
,
,
-Earnings, Etc.-
Three Months Ended March 31—
Sales of products,
Cost of products
1949
net
1948
$37,849,454 $34,666,254
34,269,232
32,717,181
Selling, general, and administrative expenses..
2,878,047
2,431,375
♦Contributions to employees' retirement plan™
166,625
144,075
Interest paid, less interest received..™.™.™.
29,223
3,123
Miscellaneous income
(net)
'
Dr4,343
3,536
Estimated Federal income taxes
" 207,800
69,006
—
sold.—
,
preferred stocks retired in
$302,870
1948L
59,767
110,017
lTo.017
stock
•deluding
*Dr$7Q2,042
112,500
Earnings per common share...
past service
$0.43
payments
of
$94,375
in
1949
.y" ,;.y
Hil
and
$3.19
,
//'
■
$4.55
i
$2.95
$1,380,606
252,328
$5.47
ore
■■■
;.... J
■'
:
1949
1948
i
.' $4'740 397'
5,553,205
Inventories
_...__™,™_™i_^.____£_™._^
13,171,545
Prepaid expenses ™™..™_—i.™
™„
529,699
Investments and other assets.:
679,898
IToperty, plant, and equipment (net)
15,422,085
;_—™
Receivables—less estim. amounts
uncollectrbie™
$7,353,975
6,222,119
8,458,25?'
628,12?
881,515
14,337,975
1,247,85?
Total
$40,096,830 $39,129,826
LIABILITIES^—
Notes
payable
Accounts
to
payable
Other
Pfd.
taxes
-
,
1949
—
——™_™_™™«;
$548,241
Operating expenses
481,897
(estimated)
State and Federal income taxes™.
Net income before depletion...
Earnings per share—™
—V. 160, p. 113.
'
3,716
1947
$284,412
4,378
...
-$384,740
$288,790
354,842
payable
taxes
on
..™™.™._
income
.__"™..;.
...
and
invested
10,boo
16,329
8,063
$0.02
$14,835.
$0.01
$16,592
$0.01
—
1,870,387
209,225
10,000,006
7,912,817
235,885
602,145
.
7,912,817
"■
579,174
■;
1,000,000
13,025,018
iDrl63,342
-10,760,848
Brl63,342
$40,096,830 $39,129,826
169, p. 1888.
Pharis Tire & Rubber
6,419
"
$45,015
-V.
$6,724,832
265,856
1,740,915
237,485
10,000,000
in the; business-
for
possible fire losses™.™....™
Retained for possible future inventory losses
Retained for gen. purposes (earned surplus)
Com.,stk. in treas., at cost or less (9,931 shrs.)
255,279
7,000
.
$,000
$1,000,000
5,475,936
—
............
Total™
Total income
Depreciation
-
1948
$381,024
:__™—_.
stock, 4y2%, authorized ($100 par value)
stock of no par val. (issued 450,000 shs.)
Retained
$542,9315,310
banks.
wages
Estimated Federal
Com.
sales_.„_™
th*
CONSOLIDATED BALANCE SHEET, MARCH 31
ASSETS—
1946
$744,889
252,328
252,328
$104,656
NOTE—Estimated cost of
wear
and- tear
(depreciation) for
three months amounted to $391,644 in 1949 and $357,452 in 1948.
A
$1,147,378
r?
The directors, according to
no
Salaries and
.
share.
*1947
$2,331,681
3,769,301
*538,150
♦1,607,625
Quarter Ended March 31-
$4,109,739
1,369,196
622,840
169, p. 1782.
Income from
$2,836,464
.227,279
99,600
$3,662,033
571,831
Park. Utah Consolidated Mines Co.-
r°°
1948
.
$1,110,656
187,408
1949
■
Quarters End. Mar. 31—
t^iProfit before Federal income taxes
Federal income taxes™—
™J™
*201,587
,
*18,174
$77,974,103 $87,454,783 $78,554,575 $53,459,677
12,940,325
15,342,460
12,057*239
*3,950,763
5,210,287
6,236,417
5,396,640 ~ 7,773,632
.
oper. income
Earns/retained
Aggregates, Inc.—Earnings—
Quarter Ended March 31—
>4 BMW ■ ---^-™™™-
-
numD
169, p. 2755.
*243,853
4,006,520
*708,954
*1,853,320
i 385,921,829
railway^
railway..
Common
<
,$12,888,376 $12,497,205 $13,550,442 $16,684,337
'
7
1,349,885
1,836,736
1,227,635
2,226,784
543,279
689,358
482,746
846.178
—
the
building, binder mix building, lire protection building and
jhouse. These nine buildings place under root a total area
1948
$754,844
Park & Tilford, Inc. (& Subs.)
Quarter End. Mar. 31—
sl1®f offices have; now been established
Eugene, Ore.;
1947
$876,184
*11,052
...
sales
Under
its
1948
....
Net profit
Com. shrs, outstdg..™.
Vice-President
of
$888,132
*49,817
*308,637
*1,637,613
*2,660,096
2532.
p.
from
4»/4%
1949-^-9 Mos.—1948
—V. 169, p. 703.
Sub-
a
169,
.Cash'.
Net
in Spokane, Wash.;
Sacramento, Fresno and San Jose, Calif.: Phoenix
^Ariz.; Albuquerque, N. Mex.; and Salt Lake City, Utah.
ii
L. R. Kessler,
$1,036,535
187,408
$1,223,943
$1,298,063
389,043 X: 440,553
.
taxes-
after charges
Federal income taxes™
^7 ■direction-of
various
.
income™
oper.
Net
Siibs.)—Earnings—
$7*641,565 $24,507,944 $23,257,817
6,5^0,909 20,845,911 19,770,918
insulation,
is
in^ the Pacific Coast territory the ; Fiberglas
estabiished^ a separate Paeifie Coast Division
Operating profit
Divs.
San Francisco and Los
manufacturing
of
==/'
; 3,390,665
in 1948.
planned to
ihstar additional equipment lor the production of
shipboard insulation,
duct insulation, and acoustical tile.
The Fiberglasi products manufactured
in
the Santa
Clara plant
will be
^marketed in all -the states west of the Rocky Mountains. For
a
number- of Years Owens-Corning
Fiberglas Corporation has had
^ranch sales offices located in Seattle, Portland,
director
earnings —™—
Dividends-; paid—
'
r-Y
4% %
preferred stock..™™.™™.;™™
of
group
and
Net
.
1949—3 Mos—1948
Net sales
&
now
"■
Paraffine Companies, Inc. (&
/
-;22^"
Office employees, the plant Is how. turning out
^b€rgla* bu"din8 and industrial insulation materials, and Within a
4
Gross
1,792,000
$4,168,920
Net profit
Common, shares
Costs
Santa
>>
Kenneth
/'.■ From Jan. 1—.
$5,095,934
.
at
-
May—
Zr[
from railway.,
Net from railway
Net ry. oper. income™.
1947
$6,165,920
^
1,
The Pacific Coast on July 5.added to its growing roster of new
^ industries with the start of operations at the $7,000,000 'Owens.-'
; ; Corning Fiberglas Corp. plant which has been under construction
'
Gross
on
Federal income taxes—_———
I
due Eec.
income—
oper.
Pennsylvania RR.
"
and $15,000,000 bearing interest at 3%
railway™
♦Deficit—V.
?rof:
Profit
Quarter Erid. March 31—
Affiliate's Santa Clara Fiberglas Plant Starts Opera-
f'tions—
and
:;■:.,■}
;
Pan American-Gi'aee Airwaysy Inc,-r-Keduces
Profit
The company on July l prepaid its entire $15,000,000 of 3-year iya%
due Oct. 27, 1950,. leaving outstanding $25,000,000 in
long-term
debt, including $10,000,000 bearing interest at 2%% and maturing
y,
Vice-President
a
V-
$721,257
*291,161
*506,714
from
Net ry.
Pan American Petroleum & Transport Co. (& Subs.)—
48,627
Qwens-Illinois Glass Co.—Prepays Notes—
..
Pet Milk Co. (& Subs.)
notes
'
ry.
43,367
delivered
1996. :
railway
Net from railway—™_
and 1946-48.
$0.42
taxes™
Earnings per com share
*Revised.—V. 169, p. 10.
;; ;
assets of $100,000.
'
Vice-President
p.
railway—™
From Jan. 1-*-
routes
$938,545
2,000,000
.
$0.90
$0.06
344,058
'
Gross
560,000
Miscellaneous deductions
2,100,000
39,731
Federal Income
: ;
Net
included
50%
69,639,399
20,384,579
'
'
first
from
the
on
l, Panagr'a will reduce' 'its cargo ' rates5 from 15 % to
shipments between the United States and countries on its
along the west coast of South America. This corporation also
announced that, in conjunction with National Airlines, Inc., it Will
offer the shipper a through-rate and single airway bill on shipments
originating in the New York area to any point served by Panagra.—
V. 166, p. 2422.
;./ y. ,; y v,.
.
: '
19416.
5,820,620
;.1968..
$0.20
,
32,243,894
8,605,953
5,581.787
-
721,905
"■?
;
in--.:-1'-.'-',''■ 1949
.
from
Net
cars in the first six
last year—and 45.9%.
'■Effective Aug.'
5,414,689
2,467,862
,
May 1,
721,905
$650,471
721,905
.
Pennsylvania Reading Seashore
v<u
Orders booked
on
$145,944
income taxes
with, the proposed sale dnd transfer of the assets of
Income taxes i._™„™™„.
this corporation to Pan American Airways, Inc., a subsidiary, which
will be voted upon by the stockholders on July 21, it is planned to
Net profit
dissolve the parent company and to distribute one share of $1 par
Capital shares outstanding
value capital stock of Pan American Airways, Inc.* in exchange for
Earnings per share———™
each $2.50 par value share of capital stock of Pan American Air¬
ways Corp.—V. 170, p. 9.
' 7V.-V
:f. —v. 169,-p. 113. > -".yu-Z;'"-
.
Orders completed ;™—
Uncompl. orders Mar. 31
Bills against orders™--
166,
Pan' American Airways Corp.—Proposed Sale, Etc.—
Earnings—
Otis Elevator Co
"
63,646
$43,647
$216,605
721,905
$0.30
with American & Foreign Power Co., Inc., and affiliatetl
holding
the
positions
of
Comptroller,
Secretary
and
later
"May—
In connection
.
$424,247
199,963
$2.12
—™
Net profit
i
.*$994,528
Pepsi-Cola Co. (& Subs.)—Earnings—
985,247
561,000
J
T946
$272,155
126,211
.
Gross
more
than
1949
than
/v.:; V
? 1946
$9,020*154
1947
$9;860,825
1949
,1948
$11,366,011 $10*567,140
6M0S.Ehd.Jan. 31—
Federal Income taxes-™
.
1947
'$107,293
Treasurer.
subsidiaries—V.
Realty Corp.
.
Oppcnheim, Collins & Co., Inc. (& Subs.)—Earnings—
L
1948
$359,212
142,607
Flanagan has been elected
elected
companies,
Treasurer* and
The aver¬
higher than the ten-year average of 33,828.
the first six-month periods of the peacetime years
'
'.'-.v.'
."Demand .for
the new
Packard Golden Anniversary mo4els. is
greater than it has been, for, our cars during the last four.,years,"
Mr! Greiner said. "In fact, we,.have stepped up production on our
jtwin assembly lines to 86 pgr how."
" Zj- •
lC;'.'.
Output of 50,256 unit? In the six months ended June 30 was 9%
over the 46,200 produced
in the first half of 1948, and 52% ahead
of the ten-year peacetime first half average of 32,418 units—V. 170,
p. 9.
$3,455,304
—.—.
'■
the
1935-41
2,304,000
$3,118,000
803,191
—-—
share-.™—
of
cars
announced
age
,
™
.Earnings per common
>
(& Subs.)—Earnings-
io..,!v
1948 he was
cars—45.9%
'
'■ w
.■
*'
$1.72
1949
and
in
the like period of
average of the ten previous peacetime years, it
July'6.
Karl M. Greiner, Vice-President and General Sales Manager, dis¬
closed
that total deliveries of 49,360 cars from January
through
June was second only to the peak 65,464 set in the like 1937 period.
The 1949 figure includes an estimate for the last ten days of June.
was
$54,731,011. $48,085,675
5,196,000 .
5,759,304
.——
-.'Net profit
Common shares
"
429,498
$1.69
inc.*
taxes——
p.
Lawder
Concession—V. 170, p. 9.
delivered 13.8%
company's, dealers
months
more
104fi
104 Q
6 Months Ended April 30-e
Sales ._™.™™.™™—™™™£--...Profit before income -taxes..../—/ -r—■»
■
429,498
iT;T.„r;!;,
447,800
Mr. Flanagan is also General Counsel and a director of the
company
has been Secretary since 1942.
'-.v':;
Mr. Lawder joined this company in September, 1948.
From 1925
$133,079
1,000,000
$0.13
In
cbm$ taxes
169,
James G.
$137,079
4,000
The
the production of industrial alcohol,- \.
on
before
$740,738
.
(S. B.) Penick & Co.—Changes in Personnel—
Packard Motor,Car Co.—Retail Deliveries Up—
'
Profit
44,382
tlncludes $210,219 Saudi-Arabian Kiwalt
.
.Sales
income
—'v.
Co.—Acquires Distillery—
of the company, having acquired the property from
Sidney Kesslar of New York,
,,
The distillery has a capacity of 300 barrels a day and is rated
among the largest west of the.Mississippi., During the war the plant
-H
317,350
•Includes net income of subsidiary, Getty
owners
p.
$1,188,538
to»
has acquired the Ozark Mountain Distilling Co.,
:nOar Joplin, Mo.,, in a $1,000,000 transaction, it was announced at
the Close of June. M..T, Grubb, R. W. Millner Jr., and H. L. Hawkins,
/Houston (Tex.)
oil operators, and Martin Doan of Joplin are the
t?Jta$qme taxes
Fed.
>
594,806
profit
Capital shrs. outstdg.™
Earnings per share
company
^ concentrated
$92,697
$1,474,282
7,300
Net
reports
Old Rock Distilling
'';new
$963,619
510,663
$342,543
$1,103,270
37,221
income
income
$1,170,412
442,700
•Includes non-recurring profit on sale of capital
$687,503
taxes™
Total
Federal
'<■
that sales for the first six months of this
year were
approximately 12% ahead of the similar 1948 period.
Profits also showed an increase over last year, it was stated.—V.
169, p. 1338.
-J ;
0-''' VV
'
—
$1,139,614
48,924
$727,712
outstdg.™
Earnings per share—
A.
$0.92
before
taxes
1946
1947
$1,347,543
1,005,000
$737,472
365,793
—
(net)
$1,143,665
26,747
™
profit
Capital shrs.
$2,280,579
1,316,960
$2,207,688
tl,470,216
etc.'
$1,533,115
393,504
....
Parmelee Transportation Co.
14,722,979
1948
1949
.....—
•Other income
Chemical Co.—Sales Increase—
company
"?This
revenue
Expenses,
$186,519
202,230
—
outstanding-——
common share
Si-.'\?Loss.—V. 170, p. 9.
Gross
—
Quarter End. Mar. 31—
(& Subs,)—Earnings-
Pacific Western Oil Corp.
*$29,736
,.*$19,522
202,230
202,230
Nil
Nu
// y'-V'' • O'y'-'Y
f.fn Net profit
•"Common shares
profit
taxes.
Net
Quarter End. Mar. 31—
.
1948
1949
™
shares outstanding
Earnings per common share.
—V. 168, p. 2229,
-
9,802,979
$6.21
<
$1.70
$1.48
Earnings per com. sh._'_
—V. 169, P. 2755.
1947
$5,622,667
1948
$3,402,194
*47,961
Crl8,225
1949
Net sales
———U-—$3,073,584
Profit before income taxes——™;
*31.487
Income taxes ™™.™™_~™.™,™™, - Crll,965
4,891,585
$1,577,773
434,108
-
Common
■
•-■;
Co.—^'Earnings-
Ended March 31—
six Months
The
income
Profit
1,622,961
.'*512,804
2,689,074,
580,710
228,557
3,105,833
preferred
On
$0.61
income
4,920,000
3,716,769
35,811,671
(accrual basis):
On
$0.68
17,058,649
4,986,903 "
—
$0.53
-
Federal
25,386,479
8,327,830
.6,136,578
™—
deductions..—
$3,340,946
4,892,190
$2,967,735
4,892,190
$0.63
Operating profit
income,—--..
23,578,385
1,808,094
9^06,003
3,369,425
operating income
Other income
(net)
$2,602,300
4,892,190
Other
'
-
profit
Total
9,171,213
334,790
Net
$3,059,547
.
Operating expenses
68,670,069 287,783,853 261,926,091
7,873,944 37,939,591 28,423,855
9.993,287
—™—™—-.
.Total income
$670,431
,
1946
Parker Rust-Proof Co, (& Subs.)- -Earnings—
Gross
84,624,814 361,535,115 313,928,331
94,219,173
75,054,673
revenues——
expenses-—
.'Taxes
$301,422
*107,716
•155,677
78,362
3,075,294
press from raUway—v
73,864
Net from railway——
*328,178
Net' ry. oper. income--•Deficit.—V.' 169, p. 2531,
1947
Six Months Ended March 31—
(& Subs.)—Earns.
1949—3 Mos.—1948
1946
.
forn.
375,000
$1,029,000
792,246
quarter.—V. 169, p. 10.
..
Operating
Operating
Prom Jan. 1—
"
&
1948
taxes
inc.
839,613
$2,750,000
873,453
$3,15
$1,866,000
915,487
$2.04
Period End. May 31—
Interest
1947
1948
$705,189
railway
Netr ry. oper.
f
Fed.
1949
$19,868,713 $18,369*443 $18,196,689 $15,311,794
4,752,547
4,229,300
5,508,946
4,858,735
inc. taxes
1,693,000
1,627,000
2,168,000
1,891,000
before
$1,407,000
Pacific Telephone & Telegraph Co.
capacity,—
load
railway—™—
from
from
sales
Profit
1949 period totaled $23,995,000, against $29,796,000 in
Sales for the
Rft.- -Earnings—
-1049
May;
Net
375,000
Net profit Capital shrs. outstdg.™
Earnings per share----
.
.
100%
(& Subs.)— Earnings-r-
Quarter End. Mar. 31—
Net
Northwestern Pacific
.
practically
at
Parke Davis & Co.
conting.—
for
Reserve
.
.
Monday, July 11, 1949
< ■
.<
made these moves as some other airlines sought to
block, extension of coach service on the grounds, that it would wreck
the economic structure of the industry—a charge which Croil Hunter,
President and General Manager of Northwest,, declared to be
both
stupid and unrealistic/'
:
i
At the time it is proposing extension of its coach service, he pointed
out, Northwest Airlines is accepting delivery ot a $20,000,000 fleet of
Stratocruiser airplanes, the heaviest Investment it ever has made ln
aircraft
Under the circumstances, he
said, the airline certainly
wouldn't do anything
which it believed would Jeopardize its own
economy. The coach service, instead of drawing revenues from the sort
pof service provided by the Stratocruisers, he explained, will, actually
aid that service by recruiting more and more persons to-air travel.
As proof of the financial soundness of the coach service instituted
bv Northwest Airlines,
Mr; Hunter disclosed that the coast-to-coast
This company
t"
CHRONICLE
FINANCIAL
Apr. 2,'49 Mar. 27/48 Mar. 31,'47 Apr. 1/46
$3,140,000
$4,880,000 $2,970,000 $2,264,000
1.188,000
860,000
1,274,000
2,130,000
Quarter Ended—
Profit after charges™,
Income taxes
.
same time, the company disclosed, that It Intends to
early hearing'before the Civil Aeronautics Board on^its
cation for such service between Portland and'Chicago so that
for
&
Pacific Mills (& Subs.)—Earnings-
service which It Is how offering coast'
the type of low fare coach
to-coast and is seeking to
At
COMMERCIAL
THE
(110)
Co.—Liquidating Dividend—
The directors have voted a cash liquidating dividend of $1.50
per
share, payable July 26 tp stockholders ot record July 18. The previous
liquidating dividend was $1 per share on March 28, 1949.—V, 168.
p.
2546.
.
'
.
,
.
—V.
170,
10.
p.
this
company
1949 .
1948 .
1947
Wet skies
$15,363,148 $23,450,589 $19,288,056
nr>1
1
IOC 1C7
1,286,167
►Net income
367,744
1,326,021
1,433,124
tCom. shrs. outstdg
1,428,124
1,433,124
$0.89
Earns, per com. share.
$0.26
$0.93
n..
•
and
taxes
or»„
i
Com.
' 7
May—'
sub-
ry.
COAL & IRON CO
Gross
from
Net
from
Net
compare
ry.
—V.
past two years, has been elected Executive
a
member of the executive, management
V.
169,
'
2532.
p.
Vice-President. He is also
and finance committees. —
'
*
,
rented
equipment, etc
Expenditures for development
$3,574,023
3,050,035
2,620,641
Interest
14,877
81,520
93,987
105,000
♦After
Net
26,656
311,428
Estimated Federal and
Capital shares outstanding
Earnings per share______
210,477
per
common
Earnings
—V.
March 31—
and earnings, less disoutward freight, returns
and allowances
:_
Cost of sales and operating exps.__
Maintenance
and repairs
1949
2213,
p.
Depreciation
Interest
—
debt
funded
on
bond discount, expense
premium
—
Miscellaneous deductions (net)__—
Amort,
158,004
59,142
55,082
$639,539
$689,420
Profit
State income
Net
$725,679
27,842
$698;846
-
$935,044
34,204
30,826
6,111
11,313
260,000
'
...
27,100
513,000
27,200
$369,602
$1,374,876
27,915
.
27,977
29,977
$508,614
560,974
564,474
$0.90
$1,344,899
555,474
$2.42
$341,625
outstanding
Earnings per common share
.$0.61
Balance
1
shares
11,947
Crl,234,042
32,700
taxes
dividends
Common
4,856
;
$530,529
taxes——
profit
Preferred
36,259
59,307
35,072
properties
sale of iron ore
on
Federal income
CONSOLIDATED BALANCE SHEET,
MARCH 31, 1949
„
banks and on hand, $1,025,843; -note receivable
from sale of ore mine, $250,000;
accounts receivable (after possible
losses on collection of $82,643), $2,053,249; inventories (at the lower of
.--
ASSETS—Cash
Power
from
in
against
inc.
$4,927,568; investments (at cost), $3,companies, not consolidated (at cost),
$388,430; land, buildings, machinery, equipment, etc. (after accumulated
depreciation of $8,508,187, accumulated amortization of $1,460,418 and
accumulated depletion of $44,981), $10,939,584;
deferred charges and
prepaid expenses, $257,697;-total, $23,423,794.
LIABILITIES—Accounts payable trade, $1,339,139; accrued payrolls,
Interest and miscellaneous taxes, $256,228; Federal and State income
taxes, $1,523,573;
other current liabilities, $111,932;
first mortgage
bonds, 3Vi%
series, due Nov. l, 1964, $3,513,000; instalment notes
payable, 4%, secured by property of subsidiary company, $336,000;
reserves for
relining blast furnace, kilns, etc., $361,951; $5 preferred
stock, without par value (outstanding 24,752 shares), stated at $2,329,523; common stock, without par value (issued 621,460.34 shares), stated
at $6,124,444; capital surplus, $278,049; earnings retained in the busi¬
ness since Jan. 31, 1936, $8,021,381;
capital stock in treasury, at cost
(preferred stock 2,420 shares, $232,481, and common stock 60,486
shares, $538,945), $771,426; total, $23,423,794.—V. 169, p. 607.
-V,
Net
';77,7
3 Mos. Ended March 31—
Net
$0.65
other
Acquire
'
Net
stockholders
Net
gain
from
the
shares
of
same
vote
of
approved
29
plan to simplify its capital
a
.
(
shares
decreased
be
class
new
from
B
15,000,000 shares
and privileges as
owned
class
new
common
1,000,000
its
be
be
holders
of
common
7. 4
their
»
Stock
have
the
option
of
to
stock
holders
common
and
the
by
B
exchanging
on
or
*
*
stock
common
The
insurance
amended
.?
the
to
remaining
share
also
investment
payments
i.
then
one
stockholders
fund
by-laws
so
officers
the
of
voted
the
of
to
as
and
unexchanged
new
class
B
discontinuance
eliminate
stock/
■
/
retirement-and
related
and
reserves
gradually, the
who-hold
reclassified
be
the
and
company
employees
will
common
of
common1
participation
stock.
Such
participation payments will be on a reduced scale beginning next-year
and entirely eliminated after 1958.
jum-} '■
Commenting on the results of the company;-James A. Gray, Chair¬
said
man,
that earnings so far this year exceeded those of the 1948
In the first half of last year earnings approximated
$14,000,000.
that short-term bank loans, which had been at a peak
period.
He
reported
of
$85,000,000
in
January, have been reduced to $15,000,000.'. He
the remaining loan-to be liquidated before the
leaf-marketing
begins.—V. 169, p. 2319.
;
expects
season
.
Richmond Fredericksburg & Potomac RR.—Earnings
1
-
..
May—
/Gross
Net
railway
-
-
1947
1946
$2,256,798
$2,031,246
447,858
591,189
631,712
134,885
201,602
231,290
108,9
10,458,856
11,559,924
10,531,237
11,421,7
1,773,309
3,178,188
3,314,101
3,552,8
388,699
rallway.^
Net ry. oper. income—
1,190,386
1,333,321
1,361,1
-
From January 1— from railway
Gross
from
1948
$1,974,707
from
Net
-
1949
from
railway-
Net ry. oper. income—
169, p. 2424.
.
$2,032,1
480^0
1947
976,125
(H. W.) Rickel & Co.—Defers Dividend Action—
directors
dividend
29
deferred
payable
action
about
this
one
time
the
.
declaration, oi
until
their
Augus'
,
Quarterly distributions of five cents each were made on Jan. 10 ant
11, last, and in each quarter during 1948.
An extra of fivt
cents was also paid at this time last
year.—V. 169, p. 2533.,
April
^
Robertshaw-Fulton Controls
Quarter Ended March 31—
Common
14,493
Co.—Earnings—
taxes.
$8,494,94
436,279
765,53
1,161,217
1,000,05
$0.36
$0.7
—
outstanding
share
common
1948
.
$5,845,719
after income
shares
Earnings per
~
1949
.
—
Net profit
$1,078,611
______
June
on
ordinarily
meeting.
580,644
$1,592,624
The
the
$947,393
$1,592,624
share.
per
common
immediately into
•
'
$3,157,821
1,542,395
87,390
$506,433
June
on
13,000,000 to
voting rights
Sales
requirement—
$0.99
before March 31, 1959, for new class B common stock on
the basis of one share of
common
lor
llA shares of new class B
common
stock.
Upon expiration of the exchange option, each share
•131,218
the quarter
dividend
$620,863
628,100
$0.91
-
Holders
—
for
income
Preferred
628,100
_______
—V.
$5,137,922
2,456,243
• 112,930
$506,433
profit from operations——.
$570,379
628,100
$0.75
'
$1,407,363
780,500
442,000
provides that the 200,000 common
be reclassified into 200,000 shares of
stock—one
24,567
.
$1,012,379
plan
given
26,371
595,145
510,501
310,394
capital shares
share—
per
increased
t
32,249
123,390
of
stock; the authorized common stock
800,000 shares; and the authorized
Sale to
34,169
708,564
612,058
2,137,168
Federal taxes
for
capital
Net
1948
$3,077,385
$866,291
393,100
/.
169, p. 1819.
The
loan.—V. 169, p. 2657. ;
580,552
revenue.-—
and other expense
...7
1947
$473,191
taxes—-1
income
company
701,874
'7.7/
1948
1949
structure.
Brad-
30,262
,,
Depreciation
Provision
$162,843
(R. J.) Reynolds Tobacco Co.—Adopts Stock Plan^-
'
25,647
production, tons——
sales, tons_.
:
Alcohol production, gallons
—
Alcohol
sales, gallons——
and
$175,342
$0.33
—V.
1949
Pulp
sales
$49,233
$342,936
Co.—Earnings—
;
Pulp
Cost of sales
112,000
to
taxes
income
Earnings
77q'
'
Puget Sound Pulp & Timber
Net
110,000
$274,843
$285,342 "
2214.
p.
before
Number
1946
District—
,
37,000
inc.
net
transf'd
surplus
169,
Federal
;
The
company
and the Snohomish County (Wash.) Public Utility
District have Agreed on terms in the ; proposed sale by the company
of its distribution properties in Snohomish County to the P.U.D. :* The
agreement provides that if arrangements cannot be made for the Isale
by Puget Power of all its properties 'td'Hhe P.U.D.s of the various
counties," acting jointly, the company ((111 sell its Snohomish County
properties to the P.U.D. oMhat county by Oct. 31, 1949, for $16,000,000,
plus accounts receivable Tind net additions to the properties since
last Jan. 1.
The agreement is considered to be a step in the direction
of bringing ' about
the sale of all the company's properties to the
P.U.D.s in one transaction.
The company's position has been that
over-all sale of its properties • to the public utility districts was not
possible as long as condemnation suits against the. properties were
pending. The agreement with the Snohomish P.U.D. is conditioapd on
the dismissal of a condemnation
suit by this P.U.D. against *Puget
Sound Power.
Other condemnation suits have been brought by Tacoma,
the Thurston County P.U.D. and the . Kitsap County P.U.D.
Frank McLaughlin, Puget Power President, estimated that $3,421,000,
or
12%, -of -the company's 1948 gross revenue, and about 38,358, or
15%, of its electric customers are involved in the sale.
When the
Snohomish P.U.D. filed its suit against Puget Power it sought to con¬
demn the properties at a valuation of $8,000,000 and the company at
that time was reported to be worth nearly $18,000,000.—V, 170, p. 10.
581,423; investment in subsidiary
$86,233
$33,613
,4
Raybestos-Manhattan, Inc.-^-Earnings—
;
Corporation Commission have authorized the
'
$55,613
22,000
i-1
(Including Domestic Subsidiaries)
$681,071
Co.—Would
•
176
.
$0.20
asked the FPC for authority to acquire up to
promissory notes from its subsidiary, Braddock
The purpose of the loan,-the company said, is to
enable Braddock to complete construction of a steam generating plant
in Alexandria.
The P. U. Commission of the District and the Virginia
cost or market prices),
average
450,000
1947
$1,669,961
$1.34 7"
$1.60
::
;$274/5$2
56
■i
$93,000
$0.21
has
3Va%
Public Utility
48
(charges)
income
—V.
152,321
•
-
325,500
call:
$96,880
Puget Sound Power & Light Co.—Agrees on
of
and
»
140,515
155,733
Net
Deducs.
company
in
inc.
18,419
$285,286
f
*
.7
Light & Power Co.
271,465
$899,972
.
—
—
income
Total
$3,597,294
2,288,491
375,606
83,756
income
Other
$4,214,707
2,826,683
Federal and State
profit C-—--——.'-I---*
'"Gross
"
$291,889
17,207
">
.
.
245,708
$303,705 r
•
4,459
1947
450,000
1948
,
Light Note Issue—
The
226,350
235,846
taxes
income
•
dock
$90,648
$36,189
,
Electric
$60,000
294,591
-4,387
X Extjcaord.
$46,181
$9,114
;
86,075
$55,613
-
,
$5,200,533
3,306,852
447,757
_;7
;
Taxes, other than
1948
of 1949 were $3,972,000,
1948.—V. 169, p. 1996.
1949
;
/
ord.
7
inc.-;
(& Subs.)—Earnings—
share__
per
169,
$13,000,000
administration expenses
Selling and
J.
1947
1948
sales
counts,
'
quarter
,
1949—4 MOS.---1948
$417,546
$442,228
408,432
3O&047
ordinary income_
!■ Extraordinary
inc. (Cr)
The
Subs.)- -Earnings
v
from
49,160
3 Months to March 31—
period in
»
;
$4,573
$10,840
Net
/
Chemical Co. (&
3 Mos. Ended
Gross
Deducs.
earned
Net profit after charges •
& Fed. inc. taxes—.
$1,375,909
Potomac
Pittsburgh Coke &
first
same
Quarters End. Mar. 31—
share
expense.—V. 169, p. 1674.
of servicing
the
for
'
America—Earnings—
V
;
Gross ordinary income
taxes.
Plymouth Oil Co.
$431,547
Net income
Earnings
sales
$3,431,869 for the
$312,294
$0.43
$0.31
NOTE—For purposes of comparison, the amounts previously reported
for 1948 have been revised to show separately interest expense and
the retirement* plan contributions and to include in income the reve¬
nues from repair and inspection service formerly applied in reduction
"
charges and
$2,270,683
3,899,912
$0.58
.
1949
$136,400
450,000
$0.30
.____
$1,345,327
3,899,914
$0.34
$3,866,683
(non¬
income
communication)
Plough, Inc.—Earnings—
72,428
16,016
dividends
contributions.
—
other taxes on income..
Wage and salary
Retirement plan
-
Quarters End. Mar. 31—
222,663
92,179
and research....
_~—_—
1
—
1818.
p.
1,596,000
$1,037,480
3,899,913
$0.27
1
1949—Month—1948
$107,361
102,256
102,788
Operating income—
Ordinary
would
169,
1,019,000
$113,096
Judge
14.—V.
$2,364,327
973,000
'
V
•Net profit (estimated)
292,597
;—.—_ua.~—
;
•
Net
$4,380,322
of products sold
rental
April
1948
1949
;
and
and expenses for selling,
servicing and general administration—
Wear and obsolescence of buildings, machinery,
Costs
Subs.)—Earns.
(& Wholly-Owned
March 31—
sold and
products
service rendered
from
459,933
Period End. April 30—
Operating revenues——/
." Operating
expenses.-
Knight at Buffalo July 6 said that assets of the
have to be sold at- public auction.
He made the
statement at a hearing at which he agreed to extend to Aug. 6 the
deadline for filing plans for reorganization of the company.
(
One creditor,-Anthony Di .Rosa, of- Poughkeepsie, N. Y., urged Judge
Knight to limit the sale of assets to those who had invested in dealer
franchises.
About 800 dealer and. distributor franchises had been, sold,
t. Play boy
planned to-make a -small automobile, but never got beyond
the pilot model stage of production.
It withdrew several stock offer¬
ings, cne of $20,000,000 a year ago and another of $3,500,000 on
Federal
,
Pitney-Bowes, Inc.
3 Months Ended
Income
725,094
20,382
18,945
-
-
for the
Vice-President jn charge of distribution
Carmine,
623,621
income
$2,015,480
_—
taxes
Radiomarine Corp. of
641,832
'
/• ' '
Apr. 3, '48 Mar. 29, '47
Apr. 2, '49
.
1,643,313
2,594,769
1,069,450
1. •
—
income
est.
for
2214.'
;
(& Subs.)—Earnings—,
before
taxes
profit after all charges
Common shares outstanding—^Earnings per common share
—V. 169, p. 1491.
Playboy Motor Car Corp.—Assets to Be Sold—
Philadelphia—Official Promoted—
Philco Corp.,
Prov.
169, p.
.
"
operation
from
1941. —V.
•
-
profit
income
28,360
14,664
-
Executive V,-President
corporation since
13 Weeks Ended—
Net
1946
$329,762
143,592
94,974
1947
,
.
3,315,604
169, p. 2532.
corporation
James H.
$579,892
,
3,484,401
840,521
railway..__
railway
oper.
the
»
Radio-Keith-Orpheum Corp.
Net
259,261
169,911
1948
71,251
81,902
income—
oper.
with
associated
been
$716,472 t$l,177,697
508,917
508,917
$0.98
Nil
ILoss.—V. 169, p. 1490.
$724,393
1349
railway
7,
114
From Jan. 1—
anthracite coal sold by this company during April
very, favorably with last year/' Ralph E. Taggart,
President, recently stated. He said dollar sales in April were estimated
at $4,900,000, making a total of about $20,200,000 for the first four
months, as against $30,438,000 for the same period in 1948.
•
Mr. Taggart said that profit in April declined
in about the same
proportion as shown in the first quarter compared with last year.
—V. 168, p. 10.
' '. .
7
of
tonnage
not
from
$638,069
railway
from
Gross
Net
The
$8,505,456
tl,177,583
606,600
Pittsburgh & West Virginia Ry—Earnings—
$0.68
by
Jan.
11
H. McConnell, Vice-President in Charge of Finance since
1949,
has been elected
Executive Vice-President.
He has
Joseph
.
508,917
$1.34
$3.87
•Disregarding arrears in preferred stocks.
974,496
1/433,124
1946
-
$900,310
$2,185,508
508,917
outstdg
'
676,400
1,590,000
;
shares
Net
PfflLA & READING
•*did
—_I
•Earnings per com. shr.
Bidiary.—V. 168, p. 10.
ADD
charges.
taxes
Net profit'
1946
$16,404,557
Q7d dQfi
held
shares
10,962
tExcludes
charges.
(111)
Radio Corp. of America—New
1947
•
•
$30,539,287 $22,219,467 $18,348,789
3,775,508
1,576,710
1,323,072
—
after
Income
Co. (& Subs.)—
Philadelphia & Reading Coal & Iron
QuarXer End. Mar. 31—
•After
sales
Net
Profit
•
.
1948
1949
Quarter End. Mar. 31—
and Its subsidiaries for, the
week ended July 2, 1949 amounted to 138,414,000 kwh., an increase of
1,718,000 kwh., or 1.3%, over the corresponding week of last year.
of
output
electric
CHRONICLE
FINANCIAL
&
Pittsburgh Steel Co. (& Subs.)—Earnings—
Weekly Output—
Philadelphia Electric Co
*
The
COMMERCIAL
THE
Number 4819
Volume 170
_£
,
For the 12 months ended March 31,
Pittsburgh Forgings Co. (& Subs.)—Earnings—
1949
Quarter Ended March 31—
Net profit
after charges and taxes.
shares outstanding
Earnings per share
Capital
—V. 169,
p.
1947
$274,155
220,000
$1.25
1948
$502,552
349,800
$1.44
$509,834
330,000
$1.54
Net profit applic. to com. stock
Common shares outstanding.—__
Earnings per share of com.
•Derived
March,
COMPARISON
OF
Ry.
oper,
1949—Month—1948
1949—5 Mos.—1948
$3,953,908
$4,112,449 $19,076,664 $17,213,982
3,108,573
2,966,999
15,085,801 14,223,139
revenues
Ry.
oper.
expenses
WORKING
1947
>
liabilities
$7,768,051
4,281,111
$7,037,625
4,059,537
$3,887,714
2,481,338
$2.50
,
ry. ops.
$845,335
$1,145,450
$3,990,863
$2,990,843
accruals
Equip. & jt. facil. rents
526,458
686,267
2,870,033
2,961,234
Cr524,640
income-
$843,517
$940,305
$4,026,711
$3,434,558
16,292
19,314
81,313
93,685
$4,108,024
$3,528,243
827,821
Net rev. from
tax
company's
1946
In
$1,782,263
1,217,533
Net
ry.
Other
oper.
income
Total
Miscel.
—
Cr481,122 Cr2,905,881 Cr3,404,949
deducs.
$859,809
$959,619
/
359,752
273,757
v
3,459
3,399
,
_—____
v
1,202,598
16,711
'
Total
fixed
and other
charges
Total
.
with
17,116
at
to
•Incl.
—V.
.
income.—..
Fed.
169,
$496,598
inc.- taxes—
2424.
p.
$682,463
$2,888,715 1 $2,683,306
$304,239
1
—
$418,030
$1,771,270
Pittsburg & Shawmut RR.- -Earnings—•
May—
Gross
Net
from
Net
ry.
Gross
Net
Net
—V.
from
ry,
1947
*
-" 1946 »
'$91,14818,020
10,508
'
59,251
$243,821
79,052
62,486
967,169
252,046
income—
railway
Railway
p.
-
1,193,653
1,003,827
407,274
373.841
158,980
194,950
300,998
123,789'
-
2532.
.
.
1
r
$1,406,376
$564,730
8,942.038
3,457,443
7,282,503
3,168,387
5,976,908
3,727,794
5,163,390
3,549,191
—
20,299,564
17,649,761
13,644,829
10,562,250
1949, the company's
March 31,
Robertshaw Thermostat Division.
"The appearance of-a buyer's .market and the ekcessive
inventorh
dealers' hands during the last quarter of 1948 forced our
jplai
*
'
Youngwood,
790
in
82,663
41,532
Pa.,
April.
has
In
to reduce its labor force from 1,827 in Octob<
the last two months renewed buying by mapn
resulted
in
the
gradual
reemployment
bring the total number of employees to
of
444. wpfke:
1,234."—V. 169, p.
JISi
Robbins & Myers, Inc. (& Subs.)—
Earnings—
9 Mos. Ended May 31—
Net
.
V
sales
Other
Income
Total
—
:—
<
$2,978,088 one year earlier, and with $618,551 at March 31, 1945.
1949, total assets amounted to $20,299,564, in comparl-;
-L—
^
$7,774,016 $11,671,7'
Cost of goods sold, incl, sell., adm. & gen., exps.
& Canadian taxes on Inc.—estimated.—
7,620,092
') Fed.
with $17,649,761 one year
'
Prov. for possible decline in invent, values—est.
Balance
surplus
^
1949
r
1948
,$7,760,049 $11,667.31
13,967 ' ■' - • •;*4/3i
______
$95,709
—-—-
—
10,256,9'
58,215' ' " 587,7:
75,(X
" "
$802,08
NOTE—Provision for deprec.
8c
.'/v
of property, plant
equip, incl, above amounts to—
CONSOLIDATED
BALANCE
SHEET,
121,163
MAY
31,
1949
ASSETS—Cash, $1,330,394; U. S*. and Canadian Government OCLUl
(including interest), $627,529; trade notes and accounts receivat
(net), $940,649; Inventories, $2,976,810; investments and other asset
$111,708; property, plant and equipment (net), $1,861,478; deferr
taxes, prepaid insurance,- etc., $34,292; total, $7^882,858^
ties
Purolator Products, Inc.—New
elected
p.
2230.
-
Abeles,
Assistant
nounced.
Official—
formerly Equipment Sales Manager, has been
the President, Ralph R. Layte, President,, an¬
Mr. Abeles has been with the company since 1940.—V. 168,
D.
James
538,726
'
,
$3,486,940, which compares
.
.
to
working capital (excess of current
liabilities) amounted to
earlier. This increase of $2,649,803 was
brought about by an increase of $1,659,535 in manufacturing plant,
timber reserves and other property, an increase of $289,056 in invest¬
ments and similar assets, an increase of $730,426 in current assets, and
a
decrease of $29,214 in deferred charges.
Between March 31, 1948,.
and March 31, 1949, property assets increased from $7,282,503 to $8,942,038, investments and similar assets from $3,168,387 to $3,457,443,
current assets from $7,037,625 to $7,768,051, and deferred charges de¬
creased from $161,246 to $132,032.—V. 169, p. 1232.
v
:
,
1'-%
oper,-income
169,
t
34,251
railway
frons
1948
$315,704
,
railway
oper.
From Jan.
1949
$241,284
72,028
.
from
$1,649,107
a
$2,978,088
At March 31,
son
Net
assets
T.
assets over current
•
.
property-
Invests. & similar assets
At
income
$3,436,940
Working capital
Plant, equipment, timber
.
"The removal of credit restrictions,
coupled with a vigorous' $al<
campaign by the makers of gas water heaters and stove mahufa<
turers, has resulted in an upswing in sales, and production for/ tl
facturers
•Ry.
a
statement:
MARCH 31
Current assets
Current
$3.18
received in
CAPITAL AND OTHER
1948
1949
•
31—
Canadian timber properties
BALANCE SHEET ITEMS AT
Pittsburgh & Lake Erie RR.—Earnings—
Period End. May
333,866
$4.09
to
equal
"
1947.
1339.
389,094
$0.65
1949, net income was $2,997,27
share, on average number of common shares 'ou
standing during the period. : Sales for the 12 months totaled $30,454,12
John
A.
Robertshaw, President, on July 1 issued the follQwir
$1,064,118
/ 778,188
.
$1,592,624
&tock___
payment on
from
$506,433
.
to
-
~
?;/VH.
LIABILITIES—Accdunts
payable
(incl.
accrued
wages
and
salarie*
$554,786; dividend on preferred stock, payable June 15, 1949, $34,72
12
accrued
COMMERCIAL
THE
(112)
Federal and Canadian taxes on income
(estimated), $175,697; reserve for contingencies and possible decline in
inventory values. $500,000; $1.50 dividends cumulative preferred stock,
$2,430,855; common stock (149,355 shares no par), $149,355; capital
taxes,
etc.,
CAPITALIZATION
$37,729;
&
GIVING
FINANCIAL
EFFECT
TO
mtge.
I
$18,012; earned surplus. $3,983,322; treasury stock at: cost
(1,650 common shares), Dr$l,625; total, $7,882,858.
V. 169, p. 1674.
3%
bonds,, ser.
1975
B, due
x~L
*
—
stk., ser. A (par $25)
Cumulative pfd. stock, Series B, C, D
and E (par $25)
■Earnings—
1949
1948
1947
$476,628
$472,630
53,376
$543,779
85,342
9,177
23,315
*51,802
May—
from
Net
from
Net
ry.
railway™-...
railway
income—
oper.
"♦The
1946
*
2,371
from
11,334
Net
from
Net
ry.
2,362,395
of
169,
211,618
*124,470
*24,120
*58,736
♦400,850
•196,648
series
Witter
Dean
&
B
1949-4 Wks.—1948
sales
85,055,486
—
K!i£Sr;:-:::::
No.
&
169,
to
2>J60
U9
,
134
series
"
due
1979.
purchase
Bids-will
be
of
$4,750,000
received
by
the
1949
railway
1948
1947
$1,436,958
$1,964,812
428,315
774,845
railway
444,546
income—
oper.
from
Net
from
ry, oper.
6,890,884
railway—.i™
169,
1,493,287
915,185
income.™
2533.
p.
Perio'd End. May 31—
Other
,
revenues
.
$1,533,446
4
457,755
565,227
at
-Total
income—
of
157,544
.3,830,098
•Contlng.
38,058*689
,
r
3$,516,126
3(233,033 '
286,708 '
265,154
$3,519,742
23,584
$803,372
$3,496,158
250,702
$3,782,47?
1,386,277
205,784
$47,254
May—
p.
railway—
railway
iricome
ments
1,032,928
$1,084,359
10.
The
$1,517,823
-Earnings—
Net
70,999
95,626
4,154
33,516
*5,024
ry.
,
169,
*
1,873,815
1,616,700
460,670
448,134
378,747
112,882
*
Louis
147,612
Pefiod End. May 31—
Railway oper.
Railway oper.
(State, county
Ry.
1949—Month—1948
$4,970,924
expenses.
3,259,555
3,232,710
and
Other Federal
"
16,455,886
Railway
565,588
453,419
2,311,960
2,894,864
121,668
163,932
619,644
1
at
Income
3 %
*
bonds
1,
$1,016,109
31,980
$5,008,218
$6,011,944
143,520
from
Total ry. oper. income
from
ry.
oper.
$727,219
$1,048,089
per
at
the
cash,
income
202,416
incocme
$524,803
Non-operating IncomeGross
June
income
;
.
of
Ret
from
Ret
ry.
'Net
1,334,353
5,307,615
Earnings per
—V.
6,270,071
993,207
3,651,853
4,502,557
to
4
Ret
1,525,506
2,315,848
131,058
$4,054,314
& Gulf
;
200,190
*
railway
income
♦
169,
2648.
p.
12,673
1,433,231
railway.
Ret ry. oper. income—
169,
p.
$597,818
$3,281,884.
quarterly dividends
the
on
1947
$258,339
share
had
been
2147.
,*
f
,
45,814
*52,445
_
$205,291
♦91,282
to
*1948
1,411,461
1,294,613
109,826
17,043
4%%
of
♦358,062
*359,067
per
1947
•
share.
$0;53
t$0,79
inc.
of
$0.44
stock of the
company'on
cf 0.8792 shares of common
stock
Federal
stock,
series
B,
I
is
convertible
" "
into
stock-
cap.
169,
before June 30,
1959, at the rate
for each share
of preferred stock
if
converted on or prior to June
30, 1954, and at the rate of
0.7992 shares
«f common stock for
each share of
preferred stock if
^une 30, 1954, and
to
adjustment.
converted "after
on or before June 30, 1959, which rates
are
subject
*
J
\v
......
Sells Bonds
Privately—On June 10, 1949, the
company
issued and sold to
Pacific Mutual Life
Insurance Co
$500,000 first mortgage 3%
bonds, Series B, at 100 5 plus
accrued interest from
May 1, 1949.
The
net
proceeds
of
approximately $496,000 will be
extent working capital used
impose of restoring to that
Net
Ry.
Nil
for
tho
additions
preferred
of
the
shares
(namely, $987,480 before deducting
at $18,500) for the purposes of
restoring the balanw
working capital used for
additions, extensions and
improvements and
ft defraying a portion of the cost of future additions
extonJSn? 2
improvements, including the refunding in
^expenses estimated
■
accordance
£?Mnfle
01 extenslon
-York.
stockholders
this
dividend
of
year.
record
/.
'
wUh
of
25
July
Fed.
on
inc.
cents
1949
is
the
th»
1948
$853,190
requirements.
,
requirements.
dir.
8,7501
-T
These securities
and
™"
*££«* SSoSZ
transfer
HISTORY
AND
incorporated
in
-ties* for
Sky
BUSINESS—On
May" 20,
.
21,250
$589,443
490,840
'
the
Administration for
advanced
ground
school
Sky
Harbor
warrants
are
all
courses
primary,
ratings,
seaplanes, all
Administration
acquired
all
covering
class
basic
the
from
securities
purchased
by the
$240,196.
in
commercial
ground
school
would
be
Capital
—V.
stock
169,
p.
TO
corporation.
sold
and
all
of
the
/
SALE
OF
PRESENT
Authorized
(par
2648.
10c)
ISSUE
Outstanding
1,000,000 shs.
v
1949,
the
cor¬
v
Alabama
-
and
*
;
to
construct
natural
^
either
offering
from
of
cur¬
additional
11.
System—Earnings—•
.
1949—5 Mos.—1948
'
■
•
$
*
.
$
■
9,191,460
34,853,774
18,355,039
4,505,226
51,968,746
25,560,772
■"*
503,000 shs.
1,858,093
6,137,614
7,451,054
2,270,649
S.
2,828,141
10,361,120
10,956,920
$725,225
$4,660^542
$4,533,154
Pacific
$3,553,366 $15,021,662 $23,490,074
65,833
310,386
428,836
1,662,086
8,593,843
8,094,107
P.
System.
$1,053,555
$1,825,447-
cos._
36,108
Dr325,152
1,781,647
71,017
(Cr)
1,209,809
71,017
'355,083
355,083
(Dr)
68,000
income™
P.
R.
Co.
of
68,000
$3,038,273
$1,160,680
Electric Ry. Co.
System.
$6,117,433 $14,967,131
solely-
affil.
net
affiliated
$6,147,364 $17,035,861
Mexico.
tRepresenting interest
not credited
to
tRepresenting dividends
companies
included
in
net
income
received
income
of
EARNINGS
/.
May—
Net
/
from
railway
railway
opef. income
from
'
Net
ry.
I_
I
'
'
OF
of
COMPANY
bonds
P. Transporta¬
solely controlled
P, Transportation
S.
,
-
•
■
ONLY
1949 -j r
•;
.1948
1947
1946
$34,441,691 $35,506,624 $33,950,775
$29,604,580
5,421,878
6,105,333
7,775,875
1,625,186
1,413,069
1,567,979
2,529,725
2,477,636
.
From Jan. 1—
Gross
on
S.
from
System charged against surplus
by paying companies.-
»
from
-railway™"™ 163,543,695 177,435,880 165,650,837
154,216,019
from railway
23,709,411
36,571,774
38,411,270
12,806,699
ry. oper. income
6,311,171 -12,724,538
12,621,918
8,154,836
169, p. 2757.
Net
Net
—V.
Southern New England Telephone Co.-Capital Stock
Offered—
The
;
.
;
is
company
offering 400,000 shares of capital
subscription, at par, to: the holders of
rata, for
1949, in the ratio of one share for each
scription rights will expire at the close
pro
tificates
for
shares
for
and
which
is
subscribed'for
six
shares
of
under
stock
(par
record
then
business
July
this .offer
$25>
June
held.
15.
will
be
21,
Sub¬
Cer¬
dated
sucl^shares'will participate in dividends the record
that date.
The offering is not
underwritten.
after
made
full
in
to
G.
G.
Copeland, Treasurer,
Southern New England
Telephone Co., 227 Church
Street, New Haven 6,
Conn., at or before the close of business on
July 15.
*
The net
proceeds, atfer deducting expenses, from
the sale of. the
capital stock will approximate
$9,970,000 if all subscription
rights
are
exercised.
■
.
-
-
-
.
From
The
EFFECT
29,
for
170, p. 11.
derived
p.
$
63,598
of
^♦Excluding S.
the
net proceeds
company
Telephone & Telegraph
American
approximately
Such
advances
by
the
the
with
to
are
company
net
intends
Co.,
gate
additions
GIVING
June
kwh.
46,236,954 211,763,859 230,557,825
37,045,494 176,910,084 178,589,079
1,740,978
adjust.
date
underwriter,
working capital.
CAPITALIZATION
ended
in
current
said.—V. 170,
$2,858,131
of
July 15, 1949,
the
cash
proceeds
to
proceeds of this issue will be
used as follows;
To pay expenses of
this financing of
approximately
$15,000; to pay accounts payable and
balance on first
mortgage, > plus
accrued
interest, approximately $25,000; to
acquire additional land
planes and equipment, etc.,
company
$0.26
■
funds
a
7,739,127
inc.™-
adjust.
1
and
perfect condition, licensed
student instruction and
are
of
$587,482
income
and
for
offered
849,928
$0.59
week
-
from
'
Subscriptions should be
predecessor
1946
$223,197
-
3,719,438
oper.
income
tion
courses.
company owns five
Civil Aeronautics
purposes,
ops.
rents
income
Consoi.
was
G.I. Flight Training and presently offers
as
ry.
controlled
of
private and G.I. students
instructor courses as well
1947
849,928
1,749,039
Transport.
1
Harbor
sum
from ry.
income
Net
490,840
$1.20
•
1949,
New
819,878
$504,869
-2,744,000
.
43,966,859
36,227,731
acruals
1
Jersey and acquired by' purchase 'all
of
the
Aeronautical Corp. and assumed all
its liabili$20,000 and as Consideration for
such purchase
issued 200,000 shares of
capital stock at 10 cents
per share.
;
The company - and
its predecessor have
operated. a seaplane flight
school. approved by the C. A. A., the
State of New
Jersey, and the
Veterans
of
; •_
deductions
of
$1.30
-
•
•
1949—Month—1948
,
exps.„„
rev.
tConsol.
are being
offered'as a speculation/
agent/ Registrar and Transfer
Co?, 15
—
$0.28
^
proceeds
charges
'
j.
1948
authorization
financed
company
oper.
JConsol.
$610,693
-
$637,325
;
553,340'
$246,374
$0.13
Facilities
-
FPC
•
,
be
revs.„™
Fixed
$980,965
370,272
21,250..
$1.52
'
„
■-
or-from
Misc.
first
1947
$658,575"
$844,440
__*.
'
'
$1,226,070.
stock, the
tax
♦Net
$1,386,850
$1,061,250
533,660—
402,675
income™,
1947
$121,980
> 829,878
r
$1.39
Gas
seeking
oper.
Total
share,
per
This
18.
*
'
Aug. 2 and $1 on Dec. 23,
the same as paid in 1947.—
-
1943 <.v;;
,.t
increase of 14.6%.—V.
an
(net)
■
taxes
1271; :
p.
Registrar
the
*
'.
'
on
V.
•,
$1.00
■
,
Exchange-Place, Jersey City, N.
the
the
ort
$0.09
■
Gross
The
^
i
except
lease
Separately Operated Solely Controlled Affiliated
Companies)
Net
a
is
Equip. & jt. facil.
$37,183
400,000
$0.08-
declared
1949
$
1947
400,000
400,000
to
is
Railway
Railway
,
1948
*$36,191
Manufacturing Corp. (& Subs.)—Earnings^—
PURPOSE—If
used
for
pensions and improvements of properties in the ordinary
course
•»cwinnSS" ^ £ompa,ny intends to use the proceeds from the sale of
31>.000 series B
■
to
made
230.';-
bef.
taxes
169,
other
r
Co.—Earnings—
"•
in-
Sky Harbor, Carlstadt, N. J.—Stock
Offered-—An iissue
of .299,000 shares of
common stock
(par 10c) was offered
June 27 .at ;$1 per share
by G. F. Hulsebosch & Co., New
by
-
t
reorani*
assets
the
$0.14
Southern Pacific Transportation
1567.
p.
have
l
be
profit
assets
and
..$853,081 ,;$1,188,613
.849,928
849,028
Period End. May 31—
114.
p.
59,116
or
■
...
•
operations
(Incl.
'
1949
share™
Natural
The project would
$0.52
169,
$33,245
taxes.™.™.™
the company paid 50 cents
total of $1.50 for the
year,
-Net- aft. pfd.
-
■
J
.
facilities designed to increase
the capacity of4, two
lines in Alabama and
Mississippi and to supply natural
a
cement company in
Alabama.
Estimated cost of the
branch
project
1946
TAfter charges and
per
service
rent
312,600
pf common,shares
Earnings per tommon share
*226,362
share and dividend.
preferred
common
.
160,
V.
/
'
$131,904
829,878
-
—
outstg..
share..™
company
its
gas
$163,745
No.
2533.
cumulative
to
a
1,217,58?
*36,970
♦227,574
~
•
I
-
taxes
transmission
gas
,
312,600
$100,000 special interim reserve.—V.
common
Construct
The
f
1
,
$138,109
.Net
profit-.
Preferred stock div.
♦147,945
'
charges and Federal income
taxes-.—V.' 165, p. 343.
oommon
3 Months Ended Mar.
31—
,
Solar's
plant
'■
41949
and
—
Inc.—Earnings*1949
charges
Missisippi—
j
—
The
$0.51
'
^Southern Natural;Gas Co.—Seeks FPC
Authorization
made
.
Semler, Inc.—Earnings—
Sheller
1946 :
"
outstanding™^--- j. '*
responding week last year,
1949, and in each quarter during- 1948.
Ih
received 35 cents extra on Deci
15, 1948.
dividend of 25 cents, per share on ) the
predeclared, payable Sept. 1 to holders of'record
RR.—Earnings$284,071
*1,040
*67,258
Bayonne
Electric output of this
company for -the
totaled 3,144,000
kwh., as compared with
common
312,600
aft,
p.
$4,056,091
San Jose Water Works
Preferred Stock Offered—
.Bean Witter & Co.,
Blyth & Co., Inc.,
Elworthy & Co.
md Schwabacher & Co.', on June
28
offered 39,000
j&ares of 4%% cumulative preferred
stock, Series B (par
$$5) at $26,375
$1.06
Southern Colorado Power
Co.—Weekly Output—•>
„'
.
$276,573
JAfter
Aug.
1948,
making
864,741
1
from
♦Deficit.—V.
In
the
Quarter End. Mar. 31—
•* After
•
<772,430
1948
$304,769
50,435.
railway
!'
1947
2,963,868
'
312,600
$4,920,832
*
168,
"
Corp.—Earnings-^
1590.
p.
Earnings
"
2,212,303
*'$193,537
directors
V.
1949
from
2425
p.
all
profit
Capital shares
1,
p.
168,
♦Net
earned
peri share—
payment
From Jan. 1—
Gross
1948.—V.
1948
$0.82
169,
1712.
p.
Southland Royalty
v'
Co.—Disocntinues Quarterly Pay¬
Stock, but Declares Special—
™
loss.—V.
payable
Net
railway
oper.
1949
) Quarter Ended March 31—
1949—5 Mos;—1948
-
outstdg—
shares
Federal
Antonio Uvalde
from
in
$26,000,000 $33,000,000 $19,000,000
taxes.—V.
receivable,
Net profit after
Common shares
>
Seton Leather Co.—Declares
25-Cent Dividend—
$4,836,727
84,105
17,710
$399,758
—
'1,228,482
$3,923,256
$780,298
$798,008
May—
Gross
267,791"
30,055
—V. 169, p. 2425.
San
and
plant.—V.'169,
Sonotone
stock
quarterly
taxes.
"'.'The
$554,858
155,100
income
Deducs. from gross inc..
Net
paid
Manufacturing Corp.—Proposed Sale—
accounts
Paterson
Other
oper.
*$1.24
dividend
Mass., for $525,000.
order, requested by George Furst and
John J. McGirl,
trustees, provides for acceptance of
any better offer.
The
Sprague company's offer includes
■
of
rate
1,351,995
discontinued
common
com.
profit
No.
$5,151,738.. $6,171,080
Deducs.
ry.
$1.58
$1.70
stock
zation
on
159,136
Net
$1,240,190
The
next-,
annum
per
Interest
'
*'
;
Oct.
on
special payment on that issue of 25 cents per share
to-holders of ; record Sept." is, 1949." Any-further
and
shrs.
Earnings
30,207
oper.
oper.
plus
3 Months Ended March 31—
Net
817,40.6
$697,012
ry.
charges
Solar
a
1
usual
(R. B.)
94,189
463,984
Income
income-
Other
$3.39
1947
$1,581,184
Federal Judge
Guy L. Fake at Newark, N.
J., signed an order,on July
5 for creditors and
stockholders of this company to show cause
July
18 why assets of the
corporation should not be sold to
Sprague Electric
Co. of North
Adams,
15,583,567
318,773
taxes..—
Interest
.♦Including wholly-owned subsidiary.
come
$24,961,295 $25,761,199
city
taxes.™
redemption
961,506
,.,
Quarter End. Mar. 31—
;
103,804
income
1
.'3 627,540
Seeman Brothers,
1949—5 Mos.—1948
$4,500,813
taxes
Federal
have
action
March
Earns,
Lines—Earnings— '
revenues.
should
Banknote
tNet; profit
Southwestern
Inc.,"
11.
p.
charges and other deductions.—V.
Oct.
Common
St.
1949,
be-transferred
directors
The
68,773
141,566
fixed
for
1949—Month—1948
Common
^addition, the
1,435,761
272,226
2425.
p.
Stores,
170,
$10,244,470 $11,695,764 $56,874,891 $58,698,048
812,266;
1,203,903
4,930,425
5,892,432
1——
84,808 »*-ferred stock was also
46,519
Aug. 18, 1949.—rV. 169,
1,854,347
income
oper.
♦Deficit.—V.
'on
1946
income.™
railway—_
railway
V.
per
$321,985
—
from
Oct.- 1,
.
to
on
payable
,
1947
$391,824
$314,495
34,883
from
Net
100%
(estimated)
•Alter
the common
stock, the company announced, will
depend on earnings, If any, during the
remaining six months of the
year.' Quarterly distrbutions' of 25 cents
4
From Jan. 1—
Gross
™™™™„__I~,
reflect
500,000
1948
Quarters Ended March 31—
from
-L
fixed
dividend
'
'■1948
■ 1948
$375,078
called
accrued
Income.™
Security
,
1,231,722
1,025,522
$346,885
170,
1949
from
oper.
share
to
$1,694,719
•
Socony-Vacuum Oil Co.,
Inc.—Earnings—
cor¬
3'%-6"%" income' mortgage
outstanding
been
re*venues____
oper.
stock, but voted
from
$4.81
1,000,000
$1,699,678
889.
hor¬
'
&
-
Chain
surplus
•if
sinking-fund & minimum capital fund
charges are made against income™™—™-
32,360
St. Louis-San Francisco & Texas Ry.
ry.
$15,000,000
insulin and
are
Jan.
1, 1949 to Oct. .1, 1949, or a total of
principal amount of bonds. Immediate payment
redemption price,' plus aforementioned interest, will be
full
Bal.,of-inc.
$3,814,833
3,019
204,669
"Schine
surplus
If sinking fund & maximum
permissible capi¬
tal fund charges are made
against income___
'
Net
$4,807,346
upon
•Net
"
Net
this
of
in. 1942
,Bal. of. inc., to be transferred to earned
"
3,549,679
$806,391
—
plus
until
ry. Oper.
Total income
1949—5 Mos.—1948.
..
.
8,073*090
50,888
♦Interest and sinking funds.—V.
Gross
assets
$1,000
per
Net
$9,778,470 $45,245,779 $47,472,130
288,090
Balance
per
♦Adjusted
p.
Seaboard Air Line RR.—May
Earnings—
Ry.
$540,013
funds
valuable
under
have
1951,
fixed
chgs.-int.
most
German owners
Period End. May 31—
6,487
charges
Fixed charges
sinking
Earnings
.
...
$546,500
for
1,027,332
1949
taxes
,
1,284,943
-755,503
income™
avail,
The
from
under this heading.—See
annum
♦After
Bal.
3,900
——-—
.;
published
1949,
the
2,629,962
1,100,368
2,772,758
2,193,489 '
52,019
—
from
$2,722,051
3,538,645
_
presentation and surrender oi said bonds at the
Mississippi
Valley Trust Co., St. Louis, Mo.
See also V. 169, p. 2756.
*
7,604,260
494,481
income
Deducs.
1,
per
$1,037.50
■
10,116,0348,171,941
7,536,002
income
1947
$8,345,991
$4.83
3 Months Ended
April 30—
Net
profit after
share
per
.
1948
$4,826,919
1,600,000
:
outstanding
Earnings
"
$1,300,000
1,
*
Ry\—Earnings of System—
$3,785,367
expenses
oper.
*
1949
$3,379,120
3,552,201
earnings (estimated)
Earnings per share
(100%)
par
3%
$1,548,318
416,232
*240,796
1949—Month—1948
—
:
♦Net
the
Oct.
April
,
i St. 'Louis-San Francisco
Operating
Operating
2691.
.
Wholly Owned Subsidiaries)
7,800
-
:——-™,
over
matter
of
due
•'
ry.
—
Scullin Steel Co.—Income Bonds Called—
1046
.
Ret
Net profit
Capital shares
15,600
1-1,700
™j™™-.*™_™™-!
Co,
have been given
first
made
railway™
Net
p
requirements
Corp,—Earnings—
taxesi-l
Federal income taxes
and
dividend
No. of Shs.
—;
com¬
•
from
outstanding.-^ V. 168,
before
State
patents.
The
From Jan. 1
—V.
Profit
by
.
t After
■
"May—
Gross
purchased
Schine Chain Theatres, Inc.—Consent Decree—
\
1C5 West Adams St., Chicago 3, 111., op to -XI a.m.
July 19.—V. 170, p. 10.'
ry.
be
to
t$0.01
$1.05
taxes,
9 Months Ended
April 30—
"
"Business Week."
mone
...
Light & Power Co.—Bids for Purchase of
bonds,
from
severally
496,590
J$0.80
$1.76
Federal
then
Smith
1946
$50,839
496,590
corporation, the second biggest enemy-owned business still in
hands, is scheduled for disposal in September, according
poration taken
"
All
Net
(A. O.)
legal
1947
$439,100
496,590
government
at Suite 22G0,
Gross
p.
that
to
and
(Including
2648.
169,
This
St. Louis Brownsville & Mexico Ry.—Earnings—
Net
shares
!
—v.
42>413,S
2,070
at end of period
'company is inviting bids for the
mortgage
■
provide
subject
1949-24 Wks.—1948
6;615'614
of period
„
2647.
p.
St. Joseph
(CUT),
amounts
t
$4,750,000 Bonds—
pany
preferred
Co.
&
91,303,591 518,833,215 553,700,279
in U. S. at end
of stores in oper.
Canadian stores in oper.
The
issued
were
Schering Drug Co.—Sale Likely in September—
Domestic
—V.
bonds
unlimited
o( the principal underwriters and the
Inc.
Schwabacher
Period End. June 18-
names
Co—
Co.,
Blyth &
Elworthy
Safeway Stores, Inc.—Domestic Sales Decline—
in
,
2533.
p.
these
issued
share™
com.
charges
1948
$529,819
$875,340
496,590
outstg.
preferred stock
126,000 shs.
each, are as follows;
'
1
2,038,238
*111,469
income—
be
per
'After
on
restrictive provisions of the Indentures.
UNDERWRITERS—The
♦31,935
*347,882
railway
oper.
♦Deficit.—V.
2,536,380
2,261,330
250,000 shs.
under'which
may
regulation and the
number
railway
bonds
Earns,
39.000 shs.
,
shares
Co.—Earnings—
1949
profit
Common
30,000 shs.
80,000 shs.
& Iron
Quarter End. Mar. 31—
,
$4,402,000
40,000 shs.
$25)
ipar
indentures
additional
$375,119
.
From Jan. 1—
Gross
stock
Common
Sloss-Sheffield Steel
Outstanding
♦Net
cumuL^d.
43/4%
Monday, July 11, 1949
FINANCING
'
Nov.
™
Gross
PRESENT
Authorized
1st
surplus,
Rutland RE.
CHRONICLE
and
the
for
expend
general
before
repay
are
advances
expected
to
from
aggre¬
$4,500,000 ' by the expiration date
of
the
offer.
^represented: by 2.75%
demand notes and are used
general
corporate
improvements to
proceeds
to
which
from
funds
the
the
of
end
its
sale
the
of
of
purposes,
including
telephone plant.
the
capital
company,
1949
an
and
The
stock
the
amount
in
extensions,
remainder
will
of
be
mingled
company
intends
excess
of
such
.
(Continued
on
page
48)
,
/
Volume 170
Number 4819
THE
.
COMMERCIAL
&
FINANCIAL
CHRONICLE
(113)
13
Stock Record «» New York Stock Exchange
DAILY RANGE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
FOR EVERY LISTED ISSOE
Range for Prerlona
STOCKS
Year 1948
Lewest
Range Slnee Jan. 1
Highest
t per share
9 per share
/
Lewest
t per share
37
76
Dec
2%
100
May
6%
Dec
Jun
70
May
'23% May
14%
Feb
35
Dec
46%
27%
Dec
7%
Feb
41% July
22% Dec
Jan
40% May
102 % July
2
1"% Jun
16
13
xl7% Jun
35
7
Laboratories
Abraham & Straus
7
ACF-Brill
Dec
27% May
Nov
108
May
Motors
5
20
2.50
Express Co
29%
29%
29%
700
1
16%
16%
16%
16%
16 %
5,300
5%
16%
6
16%
1
$3
8
Air
preferred
w
Reduction
Alabama
com
50
w
3% Apr
2
3
Aldens Inc
70
Mar
4
4% May
58% Oct
2% Feb 25
40% Feb 25
3
May
2
91
July
1
90
Mar
96
Apr
83
July
7
11%
Jun
6
Jun
13
May
21% Jan
165
Jun
16
15% Jun
14
18% Feb
34% May
37% May
24% Jun
15
28% May 19
Allied Mills
25 % Feb
25
91
83% Jan
8
30% May 16
90
Jan 20
Allied Stores Corp
4% preferred
-
198
16%
Dec
25%
Dec
25
Feb
81
Mar
r
Jun
17
8% Jan
10
I
Dec
42% May
25% Feb 25
30% May 12
73
Dec
98
Jun
76
83
NOV
31%
Oct
26% Jan
3
2% Jun
14
Allied
X25
3% NOV
#
6% May
22
May 17
31% May 10
3% Jan
Chemical A
Kid
8
Nov
50
Jan
83%
Feb
121
May
89 % Feb
Jun
34% Jan
3
40% Jan
6% Jan
3
10
Mar 30
American
4
65
May 18
3%%
34%
Dec
52%
37
10
Mar
68
Mar
51
18% Mar
29% July
20
58%
70
Apr 29
6%
47
Oct
"
Nov
43
106
7
Jan
Jan 31
Apr 18
6%
Feb
May
Jun
13
61% July
66% Feb
103
43% May
111
Jun
Dec
25
Nov
6%
30% Mar 23
35
Jan
10
Amer
96% Jun 21
104
Jan
11
10 y4
Dec
5% Jun
1
10% Jan
3
Dec
6%
Jun
2% Jun
13
3% Jan
7
92% May
76% Feb
163% Oct
28%
74
81
Jan
3
18% Mar
Jun
181% Jun
Jun
21% Jun
6
33 % Jan
Jan
60
Jun
1
82
,
May
19% July
Jan
110
Aug
106 % May
38
Dec
51
May
39% Feb
15
15
Dec
20%
Jun
*<*15% Feb
8
14%
Dec
27
:
22%
Jun
14
Jun
Dec
94
Jun
72
Feb
43
/ Oct
94%
Feb
107% Jun
25
Feb
49% May
1
Jan
106% May 17
25% Jun 14
36% Mar 31
Mar 11
••
";'v
4% Feb
13%
Dec
19
Apr
13% Jan
5
1%
Sep
4% May
1% Jun
7
6 % Apr
5
17% May 21
18
Apr
8
2% Jan 10
3
58
Dec
89 %
Jan
44
Jan
14%
Jun
3
9
Apr
% Apr
4
Dec
37
Nov
77%
Jan
37
Jun
17
51
Jan
31
35%
Dec
43 % May
34
Jun
13
37% Feb
3%
Dec
3% Jun
6
46
7%
Jan
Jun
20%
5%
53
Feb
26% May
Dec
Jan
8% May
6% Jan
46
Jun
24 % Jan
5% Jan
5
Jun
6
4
24
47% Jan 27
3
29
5
May 17
8% July 5
5
79
Dec
92
Jan
73
Feb
23
10%
Feb
15%
Jun
11% Feb
7
12"% May 16
13%
Jan
19
Jun
15% Mar
1
16%
Dec
26%
Jun
12% Jun
14
95%
Feb
Jun
73
Jun
22
11% Jun
13
14% Apr 12
3
81% Apr 20
108
12% Nov
21% May
72%
Dec
94%
Dec
10% May
6
24% Mar
Dec
93
5%
29
Dec
96% Jan
Jan
5% Jan
3
11% Jun
95% May
86% May
16% May
Nov
Nov
162%
Nov
Feb
Dec
Jan
176
6%
Dec
12%
Jan
16%
Feb
28
Oct
38
Sep
46%
139
31
Feb
Mar
Mar
46
Apr
68
May
163%
Jun
35% May
32
Feb
10
169
Jun
Mar 31
6% Mar
23% Jan
37
6
8
4
Jun
17
39% Jun
13
142
Feb
34% Jan
11
95% July
;
81
175
20% May
19
7
Feb
7
25
8
May 5
30% May 17
41% Feb
56% Jan
3
7
154% Jan 10
6
Dec
20
May 17
14% Jan
21% Jan
16%
Jan
35% May 31
10% Apr 13
Apr
July
6
May 17
Jan
54% Mar
Oct
131
46%
Feb
115%
Nov
6%
Dec
X33%
Nov
Dec
90
76% Mar
x5%
Dec
51
Nov
30%
Feb
30
Feb
25%
Oct
98
Sep
46% Mar
18%
Feb
Mar
8
4
For
Dec
158%
68%
144
Jun
Jan
Mar
71% July
10
17
60% Jan
3
Jan
3
49% May 10
Jun
8%
Xll7% Apr
18
Apr
120
6% Jan
21% Jun
3
56% July
104
Jun
112% July
8% Jun
67
May
41% May
45 % Jun
38%
Jan
83
6
Mar 31
59% Jun
2
4% Jun
6
18% May 19
150% Jan
5
70% May 26
149% Jun
63
120
Jan
13
7
May 16
8% Mar 30
38% Feb
17
91% Mar 11
80
Jan
4
6% Jan
7
36%
95
95%
9%
9%
9%
22
22
22
22%
63
63%
63
64
7%
8
31%
*96%
1
5%
Co
V..
3%
90%
r.
-1
v
6
6
6%
8,900
3
3
3
5,200
91
91
181
1
*61%
61%
61%
*16%
*
'•
20
20%
20% V
;
43%
43
17%
17
17
17
17%
♦16%
*14%
14%
*71%
72
72
72
72
41%
42
41%
41%
41%
106
105%
106
*104%
30
*29%
30
30%
*29%
*14%
14%
14%
f pershara
Wednesday
Tuesday
July 4
S per share
I per share
t per share
46
5%
5%
5%
16%
16%
16%
47
46
lo
34%
34%
'
*5%
5%
*15%
7%
7%.
153/4
1%
1%
1
x4%
50
*45%
1
*35
4%
4%
*45
48
28%
28%
28
No par
39%
7%
17
153/4
153/4
1%
1%
1,600
473/4
47%
47%
1,800
*73/8
73/4
7%
7%
1,000
♦39%
401/2
40%
40%
35%
*35
35%
4%
4
4
4
4
*46
48
*46
48
7%
48
47%
28%
27%
8
8
*85
8%
95
*13%
13%
13%
14
*73%
75
74
74
12%
12%
12%
*77%
78%
12
100
*77
Amer Machine A Metals
No par
Co
1
23%
Amer Power
A
Light
STOCK
EXCHANGE
CLOSED
*6
CLOSED
$6 preferred
No par
San'y com—No
par
Snuff
Co
„,10%
American
American
6%
36%
Jun
15% Jun
13
23% Jan
7
Apr
6% May
8% July
7
10% Jan
12
2% Jun
3
4% Jan
5
Mai
2
95
95%
80
80
80
11%
12
11%
7
37%
42%
149
Sumatra
♦39
*138
Tobacco
5%
Am
Water
43%
40%
140
37%
43%
X149
8
♦34%
Tobacco
♦121
5
25
Co
16%
140%
69%
146*
55%
•119
5
Inc
16%
140%
100
common.
8
35
124
70
146
56
70
56
8%
35
85%
*60%
62
200
38%
70
45%
6,700
240
150
300
39%
*140
22%
,
141
20
22
140
253/,
39%
2,300
22
1,300
25
25
600
8%
8%
36
353/4
900
8%
36
800
200
1233^
16%
16%
16%
800
141%
140%
141%
141%
141%
12,900
70%
4,600
70%
146
693/4
145
70%
145%
56%
56%
56%
119%
119%
7%
*81 %
8%
35
;
7
29
.16%
119%
100
22%
*25
39%
40
174%
16%
7%
No par
44%
148%
2,800
10,800
123%
119%
26
443/4
148%
2,100
,
122%
7%
7%
25%
44%
.
122%
119%
common—No par
37%
148%
*39
144%
7
*37%
44%
139
140%
*172
172
37%
373/4
149
40
16
11%
*28%
140
8%
80
7
40
35
95%
11%
"
29
*138
*121J
15,700
6%
25I/2
100
10%
*28%
22%
100
100
10%
793/4
.
7
24%
No par
172
150
1,000
29
22
100
Woolen
6%
29
172%
25
100
Works
37%
.150
172
22%
preferred
American
7
29%
.
1,200
1
95
12
175
103
353%
*35
95%
79%
25
preferred
7%
7%
,
1233/s
69 3/4
145
55%
*119
7%
26%
26
146
220
56%
8,600
1193/4
50
73/s
1,800
9,700
27%
25%
263/a
26
*81%
851%
*80
85%
*80
85%
62
*60
63 %
*62%
633/4
*53
■
7%
$4
Amer
preferred
conv
Zinc
Anaconda
34% May 31
94%
79
*29%
American Viscose Corp common—14
8
55% Jan 27
94%
78%
22
American Tel A Tel Co
35% Jan
105
10%
*172
5
24%
6%
*6
10%
No par
American Stove Co
1013/4
6
10%
No par
Co
6
10
12
80
24
1013/4
10%
25
Foundries
6%
1013/4
100
4,500
12%
*4%
5
24%
35%
11%
2,800
75
*78
80
35%
100
com
preferred
101%
•24
35%
•
-
non-cum
♦78
*43/4
,•
35%
.
400
13%
12%
12%
94
DAY
600
17
*74
'
35%
INDEPENDENCE
preferred
100
American Safety Razor
5
American Seating Co
_No par
Amer Ship Building Co
No par
Am Smelt A Refg common__No par
7% preferred
100
6%
•6
12%
75
35%
7%
American
24
*74
5
23%
101%
6%
-
No par
$5 preferred
Amer Rad A St
'
101%
EXCHANGE
No par
com
STOCK
*4%
5
24
100
12%
13%
13%
4,700
2,100
8%
95
*85
1
78%
*101
No par
American News Co
-
*4%
American Metal Co Ltd com_No par
4% % preferred
100
13%
100
1,200
28%
28
8
94
500
35%
*35
28%
8
100
No par
100
;
1%
16
40
47%
1
Amer Mach A Fdy Co com
3.90% preferred
400
5%
.
*16
900
♦87
8%
90
Shares
t per share
$ per share
5%
16
Bales fer
the Week
July 8
July 7
16%
*5
♦15%
39%
Molasses
200
30%
Friday
Thursday
July 6
July 5
'
preferred
400
LOW AND HIGH SALE PRICES
Monday
•: ■>.
7%
common
50
8,500
106
♦29 %
30%
200
14%
*104%
106
150
500
41%
*38%
Locomotive
-
1,600
72
42
No par
preferred
1,200
17
14%
No par
American Home Products
American Ice Co com
■
'*
43%
72
1
preferred
109
'
43
♦105%
/;•/'
300
20%
20%
*108
109
*108
43%
41%
Saturday
com
2,800
61%
*60%
72
No par
American Hawaiian SS Co
American Hide & Leather
60
25
61 %
108
42%
42%
181
25
25%
20
109
2,500
91%
♦130
181
25
108
19% k 20
42%
91%
91%
130 %
25%
25
61%
109
*{
;
98
5%
3
•
(4 jjfy
98
*96%
♦96%
6
90%
25 %
61%
.4
24%
800
3
>180%
90%
180
180
j,
July 2
preferred
98
130
1,400
31%
31%
31%
3
5%
*14%
,
31%
1,300
1
5%
*96%
98
3
10
com
31
31
31%
8
7%
8
'
10
preferred
American
3,200
61%
$7 2nd preferred A
7%
25,200
21%
>t_100
.
500
9%
63%
63
7%
No par
STOCK
2,100
! 37
37
37
61%
$6
14
20
9%
500
40%
21%
1%
non-cura
36%
37
3,700
:
2%
*38
63%
15%
6%
95
95%
2%
2%
41
95
*36%
63
1%
conv
2%
2%
41
63%
9%
16 %
Anaconda
24.
*36 %
1%
7
57% Jan 24
99% Mar 29
page
94%
16%
35% Jan
48 % Jun
see
*36%
42
95%
36%
40c
1
Jun
footnotes
2%
No par
14
Jun
14
900
29
29
Amer & Foreign Power com
22% Jun
3
29%
63
Par
48% Jun
25% Jan
29%
29%
No par
25% Jun
60%
107
500
29%
8
American 8ugar Refg common
7% preferred
37 % Jan
135
77%
9%
No par
Stores
126% Jan
6
77 %
63%
100
American
10
14
27%
77
2%
95%
25
26% May 13
12 % Jan 13
17
July
27%
77
29
*36%
100
Steel
25
Jun
28 %
77%
9%
No par
American
7% Jun
138
28%
77
2%
1
7
31% Feb
16
28%
28
77%
63
Co
YORK
200
28%
27%
*77
..
147% Mar
89% 1
American
27
Jun
89%
12%
Dec
120
89%
5,200
89%
27%
*163/4
40
Jan
89%
12%
28
24%
*88%
163/4
142
41
May
131% July
30%
30%
12%
3
Feb
27
29%
163/4
5
Dec
26%
30%
21%
Inc
Cable
900
27
30
*7%
common
&
200
26%
30%
21%
preferred.
Chicle
300
16%
27
American Encaustic Tiling-,
American European Secur
American Export Lines Inc
6%
*15%
100
Co
STOCKS
$7
16
89%
30%
DAY
16
800
170%
30
*26%
26%
♦88
INDEPENDENCE
*169%
12%
14
34%
16
26%
CLOSED
170
16
16
"60
6% '
*6%
6%
170
170%
163%
Jan
10%
EXCHANGE
6%
7
3,200
84
12
19% Jun
116% Mar
•6%
169%
*81
16%
Jun
21
-
83
16%
35%
130
6%
*15%
92
83
12%
140
Jan
84
*16%
Nov
25% Nov
126
*81
92
*12
101% July 7
•6% Jan 22
11
70% Feb
10
84
19%
♦88
American International Corp.No par
American Investment Co of 111
1
7% Mar 14
25
83% Feb
92
170%
300
71
18%
19%
*88
90
30% Jan
8
7% Feb
STOCK
19
92
*69
71
♦69
19%
*88
100
102
4
8%
•
187/a
5,600
■*
71
*68
19%
18 % Jan 20
7
Dec
98
May 10
71
17% Apr 30
13
Feb
69%
12%
Jan
4% Jun
35
80%
76
22% Jun
Feb
6%
'
Jun
July k
35
90
900
*61%
$ per share
28
48%
63%
EXCHANGE
15% Feb 24
6%
Co
non-cum
NEW
Oct
7% May
Can
V •"''•".'.•V
19%
48%
No par
com__
preferred
Broadcasting
Highest
9 per share
STOCK
4%% prior preferred
10u
American Cyanamid.Co com
lo
3%% conv preferred series A_100
American Distilling Co
20
Range Since Jan. 1
Lswsst
f per share
Co
Crystal Sugar
3
Highest
Shoe
American
Jan
;
48%
2
Colortype
14% Mar
42
5%
43% May 19
99
48%
10
common
Corp
American
87
48%
1
preferred
American
8
48%
3%
15
50
Bosch
American Chain
5
1
48%
3%
♦14%
100
common
conv
18% May 4
17% Mar 21
14
5,100
No par
com,
1
Co
4
35% Feb
Year 1948
5
July
2%
*6%
CLOSED
7%
preferred
American Car & Pdry com
7%
preferred
11
46% Apr
Range for Previous
< per share
-Jan
2%
169
EXCHANGE
conv
American
22% Mar 30
109
6
July
33%
Lowest
4%
7
172% Mar 17
2%
18%
No par
100
common
Amer Cable & Radio Corp
13
49%
100 y8
Nov
104%
5
Airlines
Brake
American
93% Apr 27
177
Nov
2%
*68
No par
preferred
American
Sep
2%
1
American Bank Note
14
6%
2%
*48
No par
cum
10% Mar 29
3
2%
convertible
x7% Jun 29
31%
10
2%
preferred
50
Amerada Petroleum Corp
No par
Amer Agricultural Chemical-No
par
24% Mar 31
6
69%
*82
Co
•
'
3%
*14%
*66%
14%
69 %
*88
Dye
Alpha Portland Cement
Amalgamated Leather
44
3%
*66%
par
Allen Industries Inc
Allied
3%
14%
67%
gtd__100
Allegheny A West Ry 6%
188 % Jan 24
3%
14%
67%
3%
15
14%1
No par
93% Feb
26%
Jun
preferred
3,200
67%
3%
Allls-Chalmers Mfg common-No pat
*
3%%
conv
preferred
10(1
Dec
Mar
Allegheny Ludlum Steel Corp_No
102%
*65%
*
5
64% Jan 24
17% Jun 14
300
'
10
May
7%
102 %
♦99%
May
xl71
♦99 %•
102%
May
conv
22%
102 %
3,000
47%
22%
*99%
34
$4.50
47%
*99%
75
7
6
1100
109
6%
6
23%
22%
Dec
38
48
22%
Dec
18%
•36%
5%
48
x22%
common
18%
♦46%
•46%
23
preferred ww
100
Allegheny Corp common
1
5%%
preferred A
L
100
12.50 prior conv preferred-No par
Mar 12
16%
47
4%%
May 13
18%
22%
100
27% Jan
5%
6
18%
47
A
15% Mar
May 19
18 %
18%
No par
Inc
15
75
1,500
38
•29
14
104
18%
♦36%
29 %
21
„
2,000
38
13 % Feb
Dec
70
100
19%
19
29
64
23%
19%
„
♦37
4% May
65%
19%
19
2,700
2%
*2%
29
Affiliated Gas Equipment
23% May 16
49
2%
105
38
21% May
80% Jun
Feb
*2%
2%
40
39%
*99
29
Dec
37
18%
39%
102%
18
Nov
Dec
19%
19
*2%
39%
102%
♦37
Nov
2%
2%
40
105
*99
Shares
S per share
1
13%
Apr
39%
39%
■ales for
the Week
July 8
July 7
S per share
No par
Corp
65
2% Jun
July 6
$ per share
105
2%
10
Vlcksburg Ry
Alaska Juneau Gold Mining
2%
39%
*98
Friday
Thursday
Wednesday
July 5
S per share
Admiral Corp
100% May 23
47% July
Tuesday
f per share
Addressograph-Multigraph Corp_lo
20% May 17
8% Apr 19
May 25
18% Jan
3
97% Mar 9
I per share
5
Co
Adams-Millis
14% Feb
July 4
No par
Acme Steel Co r.ew—_
Adams
Monday
July 2
new
41 % Apr
7
30
Jan 26
5
27% Mar 28
46
99
Abbott
21% May 26
19% Jan
6
5% Jun
*18%
Saturday
Par
3
3% Jan
14
Jan
LOW AND HIGH SALE PRICES
STOCK
EXCHANGE
$ per share
14
18% Jun
Jan
NEW YORK
Highest
prior preference
Lead
A Smelt
com
5%
2,100
5%
53
♦52%
5%
53%
27%
26%
28
273/4
28%
273/4
28
8,700
No par
Cable
24%
25%
x24%
25
243/4
26
26
26
1,130
1,200
Anchor Hock Glass Corp com—12.50
(4 preferred
No par
Anderson,
Clayton & Co
Anderson-Prichard Oil Corp
Andes Copper Mining
A P W Products Co Inc
5%
100
26%
4%
25
Copper Mining
A
62
50
$5 prior conv preferred
Wire
1
:
21%
lo
20
5
X52
33%
1
103
4%
52%
34
103
4%
X53
33%
*103
5%
333/4
105
33%
103
34
105
33%
*103
53%
33 %
„
30
105
10
50
1,300
3,000
50
50%
49%
49%
49%
17%
17%
17%
17%
17%
8%
*83/4
9
100
2%
*2%
2%
100
♦8
9
♦2%
2%
•8%
91/4
17%
8%
2%
2%
*2%
49%
*49
17%
17%
14
COMMERCIAL
THE
(114)
YORK
NEW
STOCKS
ferPrevleua
34%
26% May
Jun
31% July
2
Nov
23%
Nov
32%
Oct
19% Jun
14
27% Jan
Dec
101%
Jun
77
Jun
15
95
Feb
3
5
Jun
13
7"% Jan
8
49% Jun
7
77% Jan
10
15% May
Dec
Dec
41%
106
56%
Jan
Nov
Dec
11%
38% Jun
'49% Jan
09% Feb
4
15
110% Jan
3
1
16% Jun
30
13% Jan
11
13% Mar
8
July
19
May
87
1
11% Feb
Dec
111
87 %
Deo
106
Jan
35
95
May
July
26
Jun
28,
Artloom
Jan
Feb
120%
Sep
80
Jun
14
105% Jan
7
Mar
107%
Jun
97% Jun
14
103% Jan
24
Dec
19%
Jun
11
44%
Dec
62
06
25%
Jan
64%
81
Feb
91
99
Jun
Nov
25% May
Atlantic
>7
70
Feb
Feb
14
94
39
Jan
Jun
1
24
106
20
Jan
May 23
98% May
10
58
7
106
Jan
16% Jun
14
4% Feb
25
42
Jun
100
Dec
16% May
Nov
13% Feb
Mar 24
15
11
Jan
Dec
19
Jan
4% Jun
14
Nov
19%
Jan
11% Jun
20
4%
Feb
7%
Oct
47/s Jun
14
7% Jan
35%
Jan
Jun
34% Jun
14
44% Jan
Conv
10
46
8
24
5%
41%
5%
41%
42
5%
5%
58%
61
60%
55%
41%
42%
8%
14%
99%
*99%
99%
99%
91%
91%
•91%
93%
93%
95
10
34%
34%
•34%
35
34%
34%
82%
83
82
83%
83 Vb
84
*97%
98%
98
98
*97%
98
11%
11%
11%
11%
11%
33
33%
33%
34
34
15%
I
No par
1
"
95%
95%
95%
107%
"107%
107%
♦14%
15%
16
15
15
8%
8%
8%
8%
8%
500
14%
14%
14%
14%
14%
5,600
*100
100
100
*66 %
69
84%
*81
32%
A„10Q
107%
107 %
108%
80
600
83
83%
2,800
98
98%
400
11%
1,500
33%
33%
1,100
69
*66%
*81 %
32%
95%
34%
*66%
84%
11%
33%
83%
*82
•93%
34
'
...
'69
85%
200
33%
33%
33%
33%
4,700
107%
107%
•107%
108%
95%
33
108%
80
94%
95
95
95
95 V2
95%
95%
21
21%
21%
21%
21%
21%
-21% .21%
45%
45%
•104%
STOCK
STOCK
EXCHANGE
EXCHANGE
CLOSED
($1.20)—No par
CLOSED
5c
45%
17
•5%
45%
104%
•104%
*16
6
*13%
45%
104%
107
*16
No par
Avco
Mfg Corp (The) common—3
$2.25 conv preferred
No par
17
*5%
5%
12%
-
14%
*12
5%
*16,
5%
*14
14%
*5%
12%
5
Amer
100
101%
69
100
300
8%
32%
100
no
14%
83
♦66%
2,000
95%
*106%
r
26
—100
No par
of
16
•15
2,200
42
11%
RR
Co
56
41%
8%
common
Canteen
14,500
5%
60%
14%
Co
Automatic
17% Mar 10
220
5%
5%
61
96%
preferred
Corp
prior pref
Autocar
7
6%
Xll
Line
Nichols
Austin
6% May
7,700
79%
107%
preferred
Refining common
conv
1,400
21 %
79
•95%
conv
4%
31%
20%
79%
•106%
10
Atlas Tack
20% Jan
31%
21%
79%
41
Atlas Corp
5
Atlas Powder common—_—No par
Jan
Feb
Jan
Apr
Jan
24%
31%
21%
95%
preferred series
Preferred $3.75 series B
23% Apr
4
31%
79%
107%
non-cum
4%
109% Feb
9 % May
Oct
5%
Atlantic
7
31%
21%
79%
95%
& Santa Fe com—100
preferred
100
Coast
31%
20%
79
•106%
G & W I SS Lines common
Atl
Mar 18
13
114
Sep '
20
12%
7
>64%
48% Aug
99
4%
Jan
93% Jun
May
Feb
Xl9%
114
47
77
50% July
102
13
Shares
31%
5%
A T F Inc
53
Dec
Feb
7
30% Jun
Dec
Sep
30
Jan
the Week
21%
60%
preferred
for
Sales
share
78%
non-cum
15
32% Jun
July
66
5%
7
S per
21
5
Investment Co
Jun
Friday
July 8
S per share
100
2nd
Atch Topeka
S per share
common—I
100
Goods
1st preferred
Dry
Associates
*
Thursday
July 7
No par
5
No par
Carpet Co lac
6%
27
13%
84
com
7%
21
98% Jan
37% May 16
14
•31%
No par
No par
No par
com
Wednesday
July 0
$ per share
t per share
f per share
HIGH SALE PRICES
Tuesday
July 5
10
$4 conv preferred
Arnold Constable Corp
Associated
LOW AND
100
preferred
Cork Co
preferred
$3.75
July 4
<t
No par
Illinois
of
Armstrong
14"% May 16
103
Apr 27
.Apr 12
30% Feb
Co
&
Monday
July 2
Monday, July 11, 1949
RECORD
'
Corp com
preferred
conv
$6 conv prior
21
22
94
17% Aug
Dep
12% Mar
98
13
Jun
Jun
115% July
18% Jun
4%%
Armour
105% Jun
Jun
99%
Feb
88
103
13%
Jan
Steel
Armco
CHRONICLE
STOCK
STOCK
YORK
Archer-Daniels-Midland
26
89
6%
.
Par
8
24
68 %
.
t per share
t per chare
$ per share
FINANCIAL
Saturday
.
EXCHANGE
Lowest
Highest
I per share
NEW
Range Since Jan. 1
Highest
Tear 1948
Lowest
&
5
45%
5%
*14
5%
300
14%
5%
5%
12%
*12
12%
12
5%
5
5%
5
*35
35%
*35
35%
*13%
500
5%
35%
<
50
17
5%
14%
220
106%
*16
5%
5%
46
*104%
17
*5%
45%
.
106%
*14
5%
5%
v
-
220
1,800
v
12
800
INDEPENDENCE
♦34%
35%
*13%
'
DAY
13%
13%
13%;
137/s
*13%
13%
100
9%
1 ;
.
5
9%
x9%
9%
9
9%
9%
9%
4,000
8%
8%
8%
8%
8%
8%
8%
8%
6,500
16%
2,100
17%
4,900
/.,
,
!
*34%
8,500
"
^
b
13%
Feb
16%
Jun
11 Vb
Dec
17%
15%
Feb
Jun
8
14% Jan
Babbitt
Jun
8% Jun
13
12% Jan
Baldwin
16% July
Mar
10
xl3
7% Jun
13
11% Jan
Baltimore
14% Jun
&
14
22% Jan
13%
Feb
31%
Jun
14% Jun
13
25
Jan
Bangor
Feb
80% May
60% Jun
13
70
Feb
Conv
40%
Nov
59
38
Jun
28
4-7% Jan
Barber
Oil Corp
Dec
28%
Jun
15% Jun
13
21% Jan
Barker
Brothers
May
Nov
45
Jun
36
31
Feb
45%
Dec
39% Mar
9
Nov
16% Mar
36%
Jun
6
41
4
9% Feb
Barnsdall
Bath
15%
Dec
23%
Dec
43% May
32
Jan
4
45
Sep
90
87% Feb
25
96
22% May
16% Mar
100
Deo
69
Jan
3
12% Apr 27
Jan
Mar
69
20
Jun
Bayuk
v:
Beaunit
34%
Feb
3
6% Jun
6
10 Va Jan
21
Beech
Aircraft
4
Beech
27% Jun
30
32% Feb
Feb
37% July
30% Jun
14
37
Mar 30
Feb
11% Jun
10
16
Feb
1
10%
Nov
20% May
19% Mar
Feb
30
10% Feb
14
16% Jun
30
24%
Jan
11% Jun
14
17
Feb
18
Bell
103 %
Jun
89% July
98"
Mar 21
Feb
38%
Jun
26
Dec
21%
Jan
Nov
26% July
21% Feb
24
Dec
87% Mar
73% Jan
4
Dec
1-02% July
**
^
9%
21
No par
68
86%
■
— — —
23%
Feb
Feb
30%
39%
Jan
2
Jun
28
11
25
15
Cum
26
Cum
2%
July
Benguet
Best &
30% Jan
7
13%
13%
13%
74%
73%
7%
*7%
7
Bethlehem
11%
11%.
11%
44%
44'%
44%
400
92%
*90%
92%
■:W 70
13%
13%
*13% >14
73%
74%
74%
*75
7%
7%
7%
28
28
28
33%
33
33
12%
13
13
*14
Mining
A"
•
*v^
'
*
:si
AW
Co_18 pesos,.
13
*12%'
12%
*89%
91
*83%
91
29%
■29%
29%
7%
7%
23%
24
*74%
15
■
24%
29%
29%
29%
2,600
7%
,7%
*7%
7%
2,300
1,400
i
2%
'24
24%
23%
75%
75%
*74%
.76%
*74%
76%
*94%
75%
97
30
29%
7%'
96%
•94%
•94%
96%
2%
24
100
'
2% 7 2%-
2%
2%
2%
199,700
24%
,
24% C
24%
24%
♦24%
24%
*24%
27%
27%
27%
27%
"'27%
27%
27%
*27%
2,400
24%
——1
25%
25
25%
25%
25%
25%
25%
23,900
132%
132%
*132
23%
*23
23% Jun
13
3
131
131
29
31% Mar 21
7% preferred
Bigelow-Sanford
10Q
22% Jun
*131%
Carpet
No par
14% Jan
23
23
9% May 31
*22%
23%
11% Mar 11
Birmingham Electric Co
No par
9%
3%
2
13%
-
129 % Jun
136% Feb
100
14%
*12%
91
Dec
9
13%
*14
13
*90
Nov
26%
500
*12%
Oct
(Del)
500
13%
*14%
,V/ "2%
.
50
33
33,,
15
*94
,
par
20
100
29
*28
*12%
13
24
par
1
Steel
;
13%
89%
139% July
37% May
Mar
125
28
33%
7%
-r-
■
10
—
28
800
7%
29%
y
-33 %c
Co—
*7%
33%
*13
1,800
77
89%
*12%
>
——.100
com
600
y4
*33
1
6,800
11%
11%
*27%
10
common
10
44%
*11%
.
44
10
12%
36%
44%
11%
*90%
*7%
1
36%
45 Vtf
11%
•
11%
13%
37
45%
11%
92%
Co—
-
Best Foods
33% Jan
May 10
*36%
45%
11%
—1
Loan
Coasol
37
45
44%
pf4 $3.25 ser of 1946_No
pfd $4 div ser of 1948_No
6
s36%
12
-2.50
Appliances
Indus
7
26-V4 Jan
100
11%
6
Feb
16%
44%
Beneficial
78
*16%'
•90%
Bendix
98% Apr
16%
11%
7
Home
*16
91%
11
Jan
100
16%
44%
—.
40
40%
16%
-
40%
45%
*73
.64
40%
11%
_100
16 %
*39
91%
pfd
16%
40%
*44%
Bendix Aviation ————--^—5
24% July
5
23% r eo
..mm
30% May
37% May
Feb
25
93
Co
preferred
16%
•39%
25
common
34% Mar 30
6% Apr 13
64
50
26
„
*11%
Corp
Dec'
13
16%
64
16%
—100
Dec
Jun
16%
64
37
44%
—1
(A S) 4%%
Howell
15%
64
*36%
5
14%
&
15%
64
50
—-
Corp
90%
4%%
15%
17
Beech-Nut Packing
Belding-Heminway
Bell Aircraft Corp
5
16%
15%
•16%
Creek RR
Apr
32%
14%
Beck Shoe
16%
64
*62
10
Mills, Inc__
75
16%
15%
^
40%
Inc
Co
5
/
*39%
pfd
conv
:>
*
,
.
10
Co
Foods
3%%
■
-
,
common
Works
Cigars
Beatrice
9
May 14
20y4Jan
8
Oil
Iron
•-1
•
'(Delaware)
preferred
10
12
80%
Jan
5%
Jan
30%
100
common
preferred
—100
Aroostook common—50
preferred-.—
100
&
4%%
Mar
'
49
13
non-cum
13% Apr
17% Jan
15
11% Jun
4%
Works
Ohio
>
V
-1
Locomotive
60
X20
29% July
1I1S
Inc
(B T)
com—No par
9%
9%
133
*23
9%
10
25
300
133
200
23%
200
9%
9%
700
■
Bange for Previous
STOCKS
Tear 1948
Lowest
Range Since Jan. 1
$ per share
t per share
NEW YORK STOCK
Lowest
Highest
6
.
Highest.
per share
Dec
36% July
22% Jun
30
30% Jan
Feb
19"% May
14% Sep
10% Jun
13
6
12% Mar 18
9% Jun
15
32% Mar
17% May
44% July
19%
29%
33% Apr
17% Jun
Par
14% Mar 30
8% Jun
26%
X13
9%
Dec
-13
Dec
NOV
22%
Dec
Apr
37% May
Black & Decker Mfg Co
Blaw-Knox Go
12
13% Jan
26
42
7
13
Bliss (E W) Co
Bliss & Laughlin
8
25% Mar 30
Jun
27
Jan
18
Bohn
64
: Jan
12
Bon
5
Apr 22
Dec
J 96
Jan
56
Feb
Dec
51
Jan
22% July
1
27% May
44% Jun
16% May
38% Mar
2
18% Mar 30
66
42% Apr
Dec
37% Nov •
42% Feb
87%
Nov
."
,
96
1% Aug
32%
May
42
Jun
Nov
7%
10% May
Dec'
26
71
6% Jun
x27% Mar
Mar
'2% Jan
35% Feb
5
Boston
&
17.
Bower
5
47%-Jan
10
13
'9% Apr
16
21% Jun
14
3?
.Jan
7
25
Nov
34% May
20V8Jun
14
29
Jan
NOV
,37% Jun
26% Jun
27
33
Jan
Oct '
98
Jan
14
103
23% Sep
12% July
18% Jan
3
33% Aug
29% Mar 14
32
Jun
23
69
95
99% Apr
8
22
4
8%
Deo
27
Feb
80%
.17%
f
Feb
Feb
Aug
.23% Nov
15
Nor
24% May
120
Sep
124% July
Dec
9
65
Mar \
30 %
Dec
75
July
40
6
13% Jun
120
14
Feb
16
7% Jun
13
61% July
6
16
x29% May 5
10% Jan 21
3
Jan
15% Jun 27
11% May
77a
Jan
-
Feb
,
-Apr
Brown
7% .preferred
Budd
Jan
86
17
common
5
common
No par
—No par
; 90%
91
Feb
Dec
12% Feb
15
15
Mar 29
29%
Feb
"21% May
43% Jun
29% Jun
15
36
Jan 11 *
Bulova
•16%
Dec
24% Jun
13% Apr
19
18% Jan
7
Feb
10
81
Mar
97
Jun
77
Dec
100
Jun
70 % Jun
77
Apr
88
Jan
73
12%
Feb
7%
79
Nov
Mar
8%
73
Jun
Dec
89
7
Mar
98%
Jan
23%
Feb
92
6
6
14
14
9
13
121
Jan
60
Jun
1
3
Feb
7
17
Jun
13
July
98% Jun
10
Jun
20%.Jun
13
35%
Feb
16% Jan
Jun
6% Jun 13
4% May
27% July
105
77
3%%
10
3%%
7
4
Bush Term
7
Butler
Feb
,
52
Jun
1%
Dec
5
Dec
21%
Dec
'40%
Jun
30
Feb
54%
Sep
52
May
2
May
8% May
31% May
1
Jun
3
9
NOV
101%
Nov
119
37%
Dec
44
14% Mar
10
Mar
38
Mar
For
15% May
Jun
May
26
24% Jan 27
Jan
26% Jan
25
7%
24
2
1% Jan
7
Callahan
3% Jun
27
5% Jan
6
Calumet
16% Jun
7
3
35% Jun 27
22% Jan
10
12% Feb
4
109 % Mar 21
41
May
6
California
5%
Packing common—No
preferred
Zinc-Lead
& Hecla
W & C Fdy
Dry Ginger Ale com
$4.25
Canada
conv
preferred
Southern
Ry
8
18% Apr
11
Canadian
Breweries
14% Jan
7
Canadian
Pacific
40% Jan
5
24.
45
Jan
24
Copper
Campbell
Can
Cannon
Mills
par
50
1
Cons
13
page
5
No par
No pa?
16% Jan
6ee
15
Co
10% Jun
47% Dec
preferred—100
100
19 Vi May
footnotes
par
1
*19% May
.
V.:
17%
40'/a
40
40%
40%
40
47
47%
28
6%
:V w.
60%
800
STOCK
''hi '
STOCK
EXCHANGE
v.:
23%
28%
9%
INDEPENDENCE
'
DAY
14%
V
^
h:
U
7%
37%
73/4
23%
23%
.
28%
28%
;283/«
102 V2
101%
102%
*101%
29%
29(4
29%
29
.
,
.
9%
*96
16%
14%
14%
.
v....
;
*121
98
v
*96
.
16%
■
98
15%
!
.
15%
14%
14%
61%
61% k
.62
62%*
27%
27%
27%
*90
90%
*28%
90%
29
90%
12%
*12%
13
*12%
13
30%
.31
31
16%
467/8
83
*73% "75
*73
78
14
14%
7%
7%
.101
*99
30%
16%
*83%
*73
78
14%
7%
101
,.
7%
7%
7%
7%
61%
61%
*62%
63%
3%
18%
3%
18%
100%
101%
♦20%
21%
31%
315/e
53
53
*3%
18%
100
3V2
18%
100
20%
21%
-
v
76
"
78
:
7%
63
-3%
19
101
21%
,
>.
240
129
400
92
13
31
.76
74
v
8
*99
-
734
7%
*62%
63
3%
3% >
*19
19
*101%
101%
21%
♦21%
20
200
>
143/a
14%
.
>
i
8%;
101
75/a
64
3%
19%
103
900
TO,600
87
"76
*73 V:'
".
200
200
.
v
17
16%
-
14%
8
•
5,300
*85
'•
■
101
2,200
63
30%
,
17%"
*99
1,000
8
.
13
85
8
7%
4
t
123%
;.
*90
*74
-14%
14%
101
.
*73
:
■
/
28%
.
90%
16%
-
75
14%
„
62%
r
85
17%
'80
75
8
700
98
16%
14%
62 VB
8%
3,300
3,000
31%
16
*121
123%
"
v
93/a /
,
*96
3.
143/4
*121
123%'
.29%
29 Va
93/o
8
83
V
700
103
31%
61%
>'•
-
600
9%
8% :
31
300"
28%
313/4
7%
*30%
22
"9%
;
7%
;
2,200
233/a
21%
31%
9%.
31%
,,
„
7%
'
1,100
7%
23%
22
12%
-.
700
•
7
"
*21%
*89%
■
.
•
.37%
7%
*26%
'V
600
.27%
;
♦35
7%
100
1%
7
♦35
28
*31
123%
*27%
.
*101%
i6%a-;'
*121
v.'•
27%
22
98
?
1%
*92% >'94%
,
23
32
*96
16
"•
.
'
1%.
■/.:>. 7
7%
28
28%
'9%
*31
92%
*21%
102%
;
CLOSED
:
'
3,900
140
'
28
*101%
*
473/a
47
92 %
22%
'
22
*27%
EXCHANGE
CLOSED
,
■
3,700
7%
7%
'
X
403/a
■
37%
*35
7
22
1,500
47
%
23% v
173/a ,17%
27%
28
150
23 Va
40 Va
V
1%
•
1%
7
"*22%
v.
"
.
47
94%"
27%
■
37%
<6%
;
.
*
24
60%
2,700
/■./V
3,200
1,400
20
3,700
270
400
700
60
215/a
400
700
c
26
18
24
100
participating preferred—100
Apr
Jun
l'\
:•
.
.
common
Byron Jackson
17%
*36
1
100
preferred
36% Jan
9% Jap
[
100
Butte Copper & Zinc
Byers Co (AM) common
58
100
common
preferred
Bldg 7%
Bros
4%%
2
4% Mar 30
104
;•
5
Bush Terminal
Feb
82
"'.■
No par
Burroughs Adding Machine—No
May 14 -J
17%
28
100
preferred
9% Jan
17%
40
..X
i
pfd
Inc
2nd
conv
■
27% Mar
Co
Burlington Mills Corp
4% preferred
.
77% Jan 25
x97% Jun
15% Jun
Dec
7
Apr
13 % Jun
10% July
114
Dec
27/a Mar
16
17%
May
I
>
; r
,100
12%
72%
•
l
^No par
78 % Aug
Watch
17%
*1%
15
193/4
24
23%
*92%
Buffalo Forge Co
Buff Niag El Corp 3.60%
Bullard Co
Apr 26
61
*22%
1%
No par
■800
"45
19%
"
: 60%
94%
-
Co
24%
61
23%
471/2
common
24
2,200
10
*9%
22%
*60
*1%
$5 preferred
13
Jun
(The)
23%
•500
1,600
9%
*40
19%
60%
46%
preferred
Bucyrus-Erie Co
23%
10
45
19%
22%
*92%
1
Inc
10
*40
-
19%
60%
/;
A
-
••
•
.
Brunswick-Balke-Collender _^No par
69% Jan 31
34,
Co
9%
19%
—~100
Bigelow
Shoe
$3.60
Mar 19
2g% Jun 27
&
Brown
9% Mar 30
Jun
Vv
-
5
Union .Gas
12
93/a
43
*40
*
(assentea)_100
Brooklyn
17% Mar 14
124
15
RR
23%
11%
9%
17%
-./v,
..
'
6
92%
23%
23%
12%
9%
22%
Briggs Manufacturing Corp—No par
Briggs & Stratton
No par
Bristol-Myers Co common
2.50
3%% preferred
100
10
25%
15% Mar
/.
23%
12
Shares
•
,
1
Maine
10
the Week
23 %
9%
for
Sales
,
S per share
12
9%
9%
19%
23%
4
Friday
July 8
r
July 7
t per share
23%
12
45 "::
19%
;:y.
V
Bearing Co
5
Braniff Airways Inc
2.50
Browing Corp of America—
15
Bridgeport Brass Co
No par
8% Mar 30
13
6% Jun
Apr
5
*22%
9%
♦40
V.
VV*:Vv''.l
Roller
25% Jan
•'•
No par
(The)
12
*9%
-s
■•.
Thursday
July 6
$ per share
23%
11%
•
9%
No par
Inc
13
Feb
.101%
Brass
A
Borg-Warner Corp common
3ya% preferred
11% May
'36% Jun
Dec
&
class
Borden
96
...
..
5
7.
Co
.
2.50
.—
Stores
\
*
No par
7
Jan
9
Jun
Inc
54
17
1% Mar
26
Bond
Co
B
?/•-',
Wednesday
J per share
:,
,
—1
Aluminum
Ami
Class
Tuesday
July 5
S pgr, Share
23%
No par
42% May
7
21
91% May 11
5% May
Dec
6%
%, July
16
Monday
July 4
S per share
No par
Bloomingdale Brothers
Boeing Airplane Co
32% Jan
23
57%
30%
16%
Saturday
July 3
$ per share
EXCHANGE
Co
Ltd
Ry
5
No par
1.66%
No par
100
No par
25
No par
*1%
1%
33/4
33/4
17%
11
102
35%
*17%
17%
,
11%
102
36
177/8
31%
31%
32
32
*31%
32%
*53%
533/4
53%
53%
*53%
533/4
1%
1%
1 Vb
1%
1%
1%
600
3%
33/4
*3%
3%
37/s
3%
1,200
*17%
17%
17%
17%
11%
11%
11%
11%
-
-
17%
11%
70
17%
600
11%
5,100
*100
102
*100
102
36
36
*35
36
*35%
36
17"%
*17%
18%'
*17%
18
*17%
11
11%
11
11%
423/4
423/4
43
43
11
*42%
>■■
11%
43
■
102
11%
*423/4
102.
11%
43
70
210
11,400
200
FINANCIAL
Number
170
Volume
Range Since Jan. 1
Year 1948
$ per share
11
.$ per share V
Feb
48 %
18
3Ya
Feb
26 %
Dec
30
Dec
12%
Dec
30
$ per share
15
50
Aug
Mar
51/4 Feb
100
*
4
23
29% Mar 29
Carolina
35 V4 Jan
12% Jun
14
16% May
30% Mar
Jun
Jun
10
131.
Jan
11
39~%
Case
7
General
&
32 y4 Jan
t
1
7 )
• .
—
Apr 23
105
Jun
15
131% Jan
6
7%
13% Jun
17
26% Jan
7
Celotex
105
July
97
May
X114
Jun
Mar
new
$4.75
7
Dec
20 %
Jan
15% Jun
17'
18% Jan
11
5%
Dec
18%
Feb
14% Jun
29
17
21
Central
Feb
11%
Sep
'7% May 31
11% Mar 14
Central
5%
Dec
12%
Jun
7
Central
of
8
5%
5
Central
7
Central
22 %
:
Dec
Nov
74
Oct
Jun
17
6% Mar
8% Mar
•
108
83
39%
10%
Dec
15
7% Apr
3
110
Mar
79% May 24
May
$■
Jan
84
Jan
16
Nov
Dec
7%
28
•
Nov
&
Violeta
West
•
63/»
34%-
*135 '/a
137
'3!
6% July
8
8% Mar 29 "
Jun
Apr
15% Jun
13
21 % Jan
27%
14
13% Jan
6
: Jan
18
24% Jan
7
20,
May
Feb
33
Jan
22 Ye July
17Ys
Feb
26Ye
Jun
18% Jun
-
33%
*31%
33%
27%
99
.
*13
xl5Ya
%
8Ys '
6Ya
33Y8
1,200
•135'A
-
137
137
27%
;
*15%
16%
15%
153/4
*15%
'
'
'
8%
33/8
8 3A
83/4-
100
'
15%
1,700
*153/4
16%
200
15%
1,800
153/4
15
8 Ya
3%
8Ys
900
3
8%
3
'
400
■
993/8
122%
15%
161/2
8 Ye
3%
•*3Vb
4,100
12,500
*y9
'
15%
*153/4
10
30'A
*121
120Y8
14 Ye
2.300
273/e
2 6 Ye
993/8
'99
6Ya
293/4
30
l20Ys
15%
;
600
34
"27'A
.
122
'
153/4
15Ya
6 3A
34%
<291/2
-
99
*120
'
120%-' 122
6 3/4
137;
30%
100
100
♦3
3%
1,100
*
STOCK
STOCK
EXCHANGE
EXCHANGE
no par
7
CLOSED
CLOSED""
*813/a
82
DAY
9.50
*81 Ya
'82
10%
'7%
No par
5
20
82
"813/a
82
-D Yb
16 3/4
*
17%
600
11%
11%
11%
113/a
14,100
*10V4
103/4
10'A
10%
300
♦6Y4
73/8
6%
63/4
10%'
*6Y»
2,200
108
*813/8
3/a'
i
7'A
200
7%
*7%
7%
109
11 Ye
lOYs
13%
13%
*107%
11 Vi
'11 Ya
IDA
*10%
13%
'*7Ve
'•■
'17%
17-
11 ;•
INDEPENDENCE n:
com_5
109
%:
17
7%
*1071/2
;
13%
13%'
7%
7%
109
r
*13 VB
13%
*107V2
.<
100
Century Ribbon Mills.
11
9% Jun
13%
<34%
.
'
137
29%
'27%
29 Ys
27
15'A
Corp
200
13%
"
6 3/4
343/4
*135
-'
29%
,
'
34%
6 3/4
343/8
155/a
Sugar Co
3,100
27
13 Ys
*31J/2
'
33
*311/2
i
24'%
.
South
Central
16 %
1
173/4
173/4
17%
18
163/4
17%
16 3/4
10%
103A
lOYe
lOYa
10Ye
10 3/4
No par
23%
23%-
*22 V2
233A
22 Ye
19 Ye
23%
19%
23 'A
Champion Paper & Fib com__No par
20%
*20 Va
Pasco
Copper Corp
_
.
1
-
'•I
— *-
500
1,600
163/4
.lOYs
de
'
"
■
7%
108
10Ya
Cerro
Certain-teed J Products
40
•■
273/4
27Ya
*26%
"13%
13 Ys
13%
'
33%
6 3/4
Lighi 4%%
Central
11% Jun
11
/
*31%
'
100
Hudson G & E Corp
2,000
100%
*100
28
25 %
'
-
-
73/8
*
'
13%
15
preferred series B vtc
111
26V4
No par
Co vtc
101
x27 Ys
5
1
tCentral RR of New Jersey
281%
>
Dec
12 Vs
19
Apr\20
\ 6
12%
13
91/a Feb
May
Ga Ry
*100
|
28 Ye
263A
-55
73/8
'
pfd
100
Central NY Pr Corp 3.40% pfd—100
35% Jhn 20
13
Jun
10% Jun
18 5/a
Jan
24% Jan
4
104% Jan
Jun
7%
6
14
12% Jun
38% July
Dec
6%
100%
3
i
-28
20
Aguirre Sugar Co
101
•73/8
300
13%
*53%
•
Shares
share
*13
55
7Ys
*253A
15Ya
preferred-
•'
263/4
100
Foundry Co
Jan
♦53%
7%
7%
*100
101
♦13%'v
No par
common
55
:
28 Ya
No par
preferred
Corp
*53%
y
S per
13
13
28%
No par
preferred
1st
2nd
13
the Week
July 8
$ per share
*253/4
1
25
_100
10
Celanese Corp of Amer com
12Y4
,
7%
100 V2
50
Co common
6%
17%
16
•
series
Corp!i
preferred
Caterpillar Tractor
>
*
55
7%
No par
5
10
common
preferred 4%
(J I)
7%
Mar 12
30% July
231/2 Apr 22
Jun
34%
140
Light
*
140
'
Feb
Feb "
Conv
Carriers
7
24
Power &
Corp
37% Jan
6
30
52%
Carrier
9
37 '' May
5
7% Jan 17
4
Jan
Feb
7
29
15
Sales* for
Friday
July 7
July 6 '
J per snare
:
13
*53'A1
100
Carpenter Steel Co
147% July
Feb
22%
Capital Airlines Inc
Carolina Clinch & Ohio Ry
"
July 5
*123/4
Thursday
Wednesday
Tuesday
Sper share
tper share
10—1
;
7
May
Feb
97
A
14
9
Feb
123
preferred
17
'43%
Dec
22
$3
19% May
>.■
July 4
J per share
PaT
Jun
26% Jun
35%
Feb
Monday
July 3
1
251/2 Jun
-
Saturday
t
-
Capital Admin class A common—1
17
55% May 11
8 % Apr
6
108
''"l
26% Jan
41%
Nov
130
"■
Jan
Nov
32
•
1
EXCHANGE
July
110%
6% Mar
i
Jan
STOCK
YORK
NEW
Highest
$ per share
121/4 Mar 23
8% Mar I-
Sep
100%
;
May
56
Apr
'
Lowest
Highest
(115)
LOW AND HIGH BALK PRICES
STOCKS
Range for Previous
Lowest
CHRONICLE
.
" 3,500
.
.
'
90
Feb
loo3/,
91
Jun
Dec
451/4
Jan
Dec
90
Jan
79
4
Feb
9
July
30
May
/Jan
3% Jun
17% July
.8
Jun
7
7
7
'*■ Feb
3
85
12
13
7 Ya
Nov
14 5A May
9
Feb
11
11% Mar 30
Jan
123/e July
7% Feb
24
10 3/4 Apr
9
22% July
Jan
7%
6
6
18
18
9%
4'A Mar
14
18% Jan
28
10
3
Jun
13
5% Jan
7
4% Jun
13
8% Jan
7
Jun
13
333/4 Jan
7
9% Jun
14
15
7
23
36% Jan
Jun
30
Apr
Dec
17
41J/2 July
133/4
233/8 July
33 Ya
Dec
49 Ye July
26
Dec
40
27
Jun
21% Jun
14
29% Mar 30
28
55% May
57
Jun
49% Jun
25'/a
Feb
42V2
Sep
25% Jun
17
34% Jan
4 5 Ye
Jan
72%
Oct
56% Jun
14
74
July,
15V4
Oct
10
493A Mar
10
St
Highest
;•
'
2%
19% May
Nov '
4%
•
Feb
42
' Jun
653/4
23%
Feb I;:
90
Nov
Jun
101% May
Nov
36%
Jun
293/4
Nov
19%
Jun
6
16% Jan
2% Jun
20
•5 Vb Jan
Jun
60
1
10
36
Jan
8
14
58
Jan
7
27
May
48 %
Jan \
26% Apr
25
July
97% Jan
30% May 17.
4
11
3
6% Feb
25
79% Jun
17
8 3/a Apr
Jan
Apr
243/8
Dec
33'.
Jun
25
Jan
15%
Jan
10
Jun
6
203% Jun
14
21
v
273/4 Mar
May
38% Aug
176
July
176
80
Jan
88
34%
Feb
43
Jan *•
83
5
29% Jan 27
18% Jan - 7
3
Jun
77
Dec
30% Jan
8
34%
Apr
Feb
16
20% Jun
9
3
85
Apr • 5
16
109
Mar
42% Jan'
36 Ys Mar 21
Jun
4%
112% Jun
16
253/a Jan
26
•
107
Gas
Elec
&
2
Graph Bronze Co com
5%
preferred
73
Feb
Cleve
6
43
Jan
.'.12%
Dec
18% Mar
12
20
15% Jan
Special gtd 4% stock
Climax Molybdenum-!
23%
Nov
24% Jun 22
303/i Jan
Clinton Industries
Jun
35%
Jan
10%
Jan
3Ys Jun
29
5 Ye Jan
36 Ye May
21% Jun
15
30 Ys Feb
(r
July
137
Jun
14
92 % May
Feb
71
Apr
183
Jan
1332
July
Apr
25Ys May
16
Feb
26 3/4
May
123/4
Feb
223/g
Oct
16
Feb
;
l- 223/4 Oct
cum
Jan
12
9
1075
293/a Feb
89
15
,
Jun
;
Jan
195/s Jan
6
Colo
24
8
Dec
17% July
7% Jun
7
113/4 Jan
10
Dec /
32 Vs May
17% Jun
6
243/s Jan
10
37%
Dec
16 5/8 Jun
9Ya Jun
22
Jun
Apr
26% Jun
13
29
Feb
Mar
10
12
10
13
Columbia
Gas
9
Columbia
18%
Feb
2
;
>
58
May 16
32% Jan
13
21% Apr
21
28%
.
Jun
21% Feb
11
46% Feb
25
95
12;
26Yb May 13r
*
xl6
533^ July
Jan
Jan
Nov
2%
104'
29% May
33/4
Feb ;
90
Oct
Jan
133/e Jun 22
3
Jan
3
Apr
89% Jan
3
29 % May
25 Vs Jan
3
106
Dec
25
July
Nov
Dec-'
HYs May
73/8 Jun
7
27%
Dec
36% July
243/4 Jun
30
x24%
Dec
32
8%
/
4
21
May
25% Feb
11
6% May
Sep,
2% Jun
14
25 V8 July
Mar
21% Feb
Feb
108 %
Dec
xl06
Apr
% HYs Mar
*18%
Jun
11
Jun
12 %
Jun
8
,1033/s
:
8V2
Dec
.51
Jan
37%
Dec
19
Dec
29%
10%
Dec
15% May
,
Sep
25
614
52
Mar 17'
100% Jan 3D
17 Ye Jan
4
7
May 16
103% May
9
27% Jan T
9% Jan
30
29
Feb
Columbus
July
14% Jan
Feb
23
93/4 Apr
38% Jun
13
46 % Mar
5
30
5
preferred series
$5
I
No par
Corp
Grocers
6%
pfd
Retail Stores
16 3/a Mar
8
Jun
6
12% Apr
13
Consolidated
Vultee
29 Vb
Dec
42%
Jan
27% Jun
17
May
4
Mar
8
37 V2 Jan
22:
Oct
99% May
93
Jun
13
97% Apr
10 3/4 Mar
173/s July
13% Jan
3
15 % Jan
5
21
85
-7
84 Va Mar
92%
Jan
5
93 3/4 Jun
29 %
Nov
40
May
30% Jun
6
363/4 Mar 30
Oct
99
July
95
Nov
13 Vs May
8%
48 % Mar
64 %
Oct
Jun
15
6% Jun
563/4 Feb
24
2
993/4 July
5
23 3%
23%
200
*1063/8
64
Inc
*64
66
38%-
*'373/2
38 3/2
*371/2
381/2
50
133/4
•133/2
13 Ys
13%
13 Ye
1,600
27
263/8
•3%
26 Ya
271%
27
27'/4
6,000
.v.-W
4
*135
:/;
STOCK
1
1
—:
35Ye
62
62
-
613/4
16
"
17
17%
17%
13%:. W
13%
133/e
15 Ys
153/4
15'/a'
13%
■"
"
"■
•
-1
*15
.
.
■•••:
*8
9
*83/4
*8%
9%
*9
9
17%
v,
17%
10%
»l7
,
f
:/
;
.
93%
60
16 3/a
16%
3,800
17
1,500
133/a
133/a
2,400
15 »/a
15%
700
17
13 3/e
153/a
*8
9 Ye
.
20
20
>
v
*8
8»/a.
173/4
17»/2
17%
900
17%
103A
17'/a
17%
300
10%
103/4 /
1
103/4
,
10Ya
nOYa
11
56
*53
*283/2
29%
18,900
56
103/4
103/2
*53
56
,
2,300
'
20
24%
800
800
20
24%
■
'■
3Ys
"
26
98
/if,
.
8'/s
26
*26
493/4
49%
96 3/4
97%
420
143%
14'%
141/4
14%
2,700
lOO'A
'•
: 8Y8,
26
:
27
,8%
27
27
223/4
23
22%
107
23%
9%
40 Ys.
,
16%
153/4
11
11%
11
*7%
7%
9%
9 Ya
^
33%;
73%
9%
9%
323/4
32%
1,500
100
4,300
1 223/4
23
10,000
107
*113/4
*9
107'A
HYs
.9%
1,100
500
200
2,200
40%
,
41
15%
153/4
600
11
11
*73/8
1,300
\
3
93/4
*16
(■J.
6,300
12,200
2 Ye
/'■
41
16
27%
:
27
11%
40 3A
8%
*26
.
568,400
253/4
; 263/4
y
107
'
*9
.
3
HYs
12
>
26
2Yb
107%
•
IOO1/4
25Ya
8%
;
.
83/4.
26
263/2 '
4
993/4
102
253/4
-
3Ys
4
4
3
*11 Ys
/
•
'•
2Ya
X107
2,200
49 Ya
,97 : -
,
101
•
■
1,600
96i%
4
4
253/4
V-
;
49Yj
96 3/a
1
Aircraft
100
9
17%
173/2
40'/a
10c
9%
17%
11
•Y; *29
293/4
8%
"83/2
9
.8%
,
/
.13%
'15%
173/a:'
-
*533/2
56
29%
3,300
93%
163/4
*8Ys
10%
10 Va
*53
9
"36%
93
*8%
10
10%
93/4
f''"\ i
*8
173/4
:•
17 Ys
17%
.
■*
9 Ye
'
50
35 Yb
-363/8,
Xl7
9
*8
'iv.
•
800
62%
*61%
*1050
93
:.w
15%
16 Ye
;>y
135
163/b
94
15%;,
'93
2,100
75
133%
62
36
.
94 ,£■
153/4
DAY
400
4
23 Ys
1383/2
*73%
75
*1000
*92%
INDEPENDENCE
23 Ys
*135
132 >/2
132
",ii
36 Ys
35 Ys
*263/8
*73%
131%;
*1000
62%
'1000
CLOSED
CLOSED
1313/4
*3Ye
4
233/4
138'/2
*135
75
V:
.-
1313% 13P/4
*62
EXCHANGE
3Ys
23% :
.
138%
*73%
75
27%4
'
23%
233/8
*135 -
•
138%
;
*73%
:
..^.'*1
23%
.
*83^
100
1
120
64
64
133/4
4
r
108
38%
22 Ys
-•'
*106'/a
108
64
5
Consolidated Natural Gas
Nov
36
233/2
15
Consolidated Laundries Corp
7Ya
1083/8 Mar 25
60
*22 3%
133/4"',
1.33 Va
preferred
Consolidated
108
39 Ys
llP/s
13%
V".
No par
Consol Edison of N Y com
Consolidated
Textile Co Inc
92
'
'
■-
STOCK
393/8
3113/a
v
64
fv
*38%
/.v.',-
.....
.,
■;
EXCHANGE
3,400
393/4
1113/b
253/4
I'
'
-
-
70
39 Ys
108 '
25
Publishing Inc—No par
Consol RR of Cuba
27
27
20
108
100
17%
25
170
39%
64
;
.900
n
1113/s
*106 Va
Congoleum-Nairn Inc__
Consolidated
Sep
*106%
;
*61
70
261/2
22%,
22%
-
*120
500
82
393/4
111%,-
*1113/8
;.T
No par
Commonwealth Edison Co
7
90
22%
*61
.
17%
*233/4
25
•
170
141%
93/a Jan
Dec
11134
-*213/4
::y
70
26%
173/a "
*23
.170 v, /
•
,39%
nil3/8
;
*60
rW'
7 3/8
*793/2
141/B
8
30% Apr
70
40
4,700
\
Solvents——:-No par
!■>
105 % Apr
'
"393/4
N/-v'
'
90
473/8
.71/4
82
*120
8,800
291/2
47'/a
50
16
33 Ve
•60
,r.v,•
"
*
18,500
48 Ys
1,600
.27
*17
24%
*120
290
v
24%
75/4
.•
,26%
17 Va
*23
ji
,*7
*793/2
82
2,400
•
34
1033/2
41%
*171/4
17%
2 4%
28 Ys r
47V4
27%
27%
'
,233/4
*103
24
7'A
*79%
27
V.
103"
23%
493/2
961%
12% Mar
103 % Apr
.*6 3/4
1
48
30
<29Y8
/•
10
21% Jan
Dec
:
•
.
,
*32
48
47%
383%
Shares
>
f:
,:23/b
48 Ya
103
1033/4
r
14 Ya
23/8
24
23%
23
1
/"38%
.39
;48 Ve
30%:.
30"
',383/4
*32
a—No par
14
Jun
7
48:j/4
V
——•——.-100
Inc
preferred
7% Jun
35%
48%,
v
8ales tor
the Week
S per share
.
243A
23
106% May
103 Va
r
,
>•
>'-/
i
i
Friday
'
?14
,
24%
Jun
1063/4
473/4
MV*
23/8 ;
23,4
25
153/4 July
Sep
;
170
jii-i'i
383/4
34
/
600
'July8
,v
24 Ys
11% Feb
10
*37
•;
;
'i
>
-'
*13%
"
11%
20%'
No par
Consolidated Cigar
No par
Consolidated Coppermines Corp—5
8;
-
July 7
S per share
.14
2% * 2YST
*32
383/4
82
*23 Ve
5
Conde Nast
21
<2% N
2234
%
V
593A
•'
r
«Thursday
*13%
30%
30% v.!•
.
IO33/4
;
n63/4
Commonw'lth & South com__No par
$6
79
•"
593/4
'
*
■
1 f '/ t! '
4 per share
,
...
100
7,100
'
11%
July 6
48 h:
'
29 Yb
29Ys
...
T
•
Dec
98 V2 July
*10%
20'A
Superheater
Commercial
28 3A
*10%
59%
20%;
Co
700
50%
*■
20
Elec
1,600
23%
'28 3/a
29
*58%
Wednesday
34
27
Engineering
Commercial Credit common
3.60%
23%
*49 '/a
50 Vs
29 Ye
Ohio
2,800
'
28%
233/4
,
29
So
&■
5,100
2,300
*27Ya
29% V*
Carbon
1
23% Mar 30
108 Vs
w—No par
Co——No par
$4.25- cum preferred w
Columbian
8
May 10
43/4 Jan
System Inc.
No par
common—No par
8 3/8
100
'
Pictures
Apr
11% May
"'
7
conv
23Ye Jan
7
'73/4
48%
5%
Combustion
90
-
*
preferred——:——20
Colorado & Southern Ry com—100
4% non-cum 1st preferred—-100
4% non-cum 2nd preferred
100
Columbia Broad Sys Inc cl A—2.50
Class B,
.—2.50
7
78%
"vTV.
Fuel & Iron Corp com__No par
24/
Jan
Dec
t*2%
20
19
13
12 y8 Jun
15
Colonial Mills Inc
12
Jun
"<•"
-
'48
No par
Corp
193/4 Feb
Mar 22
13% Jan
13 'A May
%
—No par
Internat
:.i 28%
28 Y»
:
-
HIGH' SALE PRICES
14
"32
Corp—„—No par
15
14 Ys
.
100
Collins & Aikman
10
31% May
'
'
7:7V::
Colgate-Palmolive-Peet com__No par
$3.50 preferred
No par
8% Jun
Sep
D
100
173/4 Jan
36Yb July
8
17 *
7 Vs Jun
Feb
<•
No par
A
Class
'
11
11%
»10V4
:
11%
S per share
,
(The) common.No par
Coca-Cola Co
11
1,000
"
5%
193/a
59%'
59
Ji^ly 5
"j
9 per share / '
thurt
1
94 % Jun
25
Jan
X133/4 Feb
Jun
363/8
.....
v.- Tuesday.'
v:
July 4
1
.
preferred
2nd
Coca-Cola
Jan
18 3/4 July
Nov
I per
Monday
,
'
18 3/8 Jun
v
11
29
28 Ys
281%'
*10'A
No par
Inc
3%
5 Vs
19'A
'
59% -.591/2
50
preferred
4%
18 3/4
7%
28%
-i
•
———1
7%
Dec
10%
49
•
'•••28%
-
No par
1
100
gtd
Cluett Peabody & Co com
Nov
20
A
*19
100
'
50
Corp
Clopay
63% Apr
5
Jan
1075
Co 7%
RR
Apr
152
6
Jan
'96.
Sep
v
13
60% Jan
July
453/4
Dec
xl24% Jun
Jun
"
633%
Pitts
&
82% Jan
141
26
147
Dec
Nov
9%
Jun
May
Dec
Dec
20%
105
Dec "
Dec
9%
,
5" i:
1
1
:5%
19%
*49 V2
100
$4.50 preferred
Cleve
'
•
*23%
50 Va
No par
5
20
preferred
non-cum
14
11
233/4
*.'49%
23%
-
"'•; '49%
;
Cleve Elec Illuminating com__No par
11
15
*23'/»
49%
-
5%
;
.'V:
11
'23%.
100
par
City Stores Co—
Clark Equipment Co
C C C & St Louis Ry Co_com—100
5%
5%
31/8
28 Vs
5
100
.
•
3
21%
27-
No par
5%% preferred-.
City Products Corp
Jan
31
•; 5
5%
27%
8.50
com
C IT Financial Corp
4
37% Jun
x87%
1,100
27%
/■>:
223/4
62% Jun
1332
800
53A
11
5%
103%
78 % May
60%
13 Ys
53A
.0*3
10 Ya
100
47% May
108%
Oct
134%
13 Ya
,
14
14
v 5%
;=
19
Milling Machine Co—10
preferred—
Dec '
753/»
•'•3%
3% A
;
473/4.
473/4
Nov
137
"4 3%
8%
10Ya
-—-—*-
39
4%
5Ya
93/4
14%
5%
*37
69%
27%
14'/4
5%
9Ya
19%
J-'--
City Investing Co common
16
Apr
July
•
111%
Nov .i
Cincinnati
52 % May 19
42% Jan
10
84%
"
Cincinnati
24% Mar 17
1033/4 May
4
Feb
x20
Dec'
;
14%
Chrysler Corp
Copper Co
300
5,900
3,000
*73/4
10%
preferred—
Jun
83/4
8'A
100
„
44 % Jun
31
*8Ye
93/4
8
LOW AND
common
4
9Ya
93/4
8
par
-10
Co
200
*3 3A
*73A
9Ya
193/e
July 2
5%%
9,900
80%
80%
83%
5
Par
7
Jan
30%
,30
"8%
19
Saturday
Chile
Dec »-
105
8%
83/8
*3
Childs
7
35
<7%
223/b
8%
par
Chickasha Cotton Oil
19
xl3
200
33A
3Ys
9%
5Ys
No par
$ per share
2,200
18%
80'A
80%
33/4
14
exchange
$ per share
30 3/4
30%
30 Ya
81
9
93/4
.
NEW YORK STOCK
Highest
75%
105%
3 5/8
*8
...
.
;-
100
Chicago Yellow Cab
.30%
*80%
33A
*8%
RR Co__No par
series A
preferred
Since Jan. 1
•
50%
4
:j; Lowest;
Apr
63% May
Oct
"*31
20
40
6
53A
*17%
'
stocks
Range
■
$ per share
Feb''
44%
Conv
Jan
1,900
93
•
preference__No par
Is & Pac
6 3/a
18
400
23
20 3/8
93
94
6
18
>
$ per share
,14%
convertible
Chic Rock
21
12% Feb
May 11
Range for Previous
r year 194*
V
Lowest
$3
4
6%
80 Yb
*3%
50
; Chic Milw St Paul & P vtc__No
Series A preferred vtc
Chicago & Northwest com—No
5% preferred
;
Chicago Pneumat Tool com__No
8
,May
preferred
20
*93
18
30Ys
203/8
*80
40
A
*
'
'
Chic Ind & Louis Ry Co class A__25
Class B
No par
Jarvt 8
Jan
*
Chic & East 111 RR Co com__No par
5%
12% Jun
131/4 July
7% Mar
Mfg
Chicago Corp (The)
1
Chicago Great West Ry Co com__50
5% Jun
iv
15% July
Jan
.
92%
*5V2
7
12
f
92 Va
94
20
*17%
Class
6
.
20
1.25
May 16
9
,
*92%
No par
^
iv"
Chesapeake Corp of Virginia
5
Chesapeake & Ohio Ry common__25
2%% convertible preferred
100
Feb
.
preferred
Checker Cab
5% Jan 21'
13 *
Co
Belt
■'$4.50
7
343/4 Jan
13
May 24
29% Jun 13
76'/a
■
4
28% Jan
10
8% Jan
14
31%
251/4 Mar
Cham
97% Mar
| Jun
5% Jun
Jan
151/4
.
Dec
7Yb
27
8
13
U
600
7%
300
9 Ve
93/s
4,400
323/8
.
32 Ys
2,100
*71/8
No par
323/4
$4.50
preferred
No par
preferred
No par
Container Corp of America com—20
106'/a
10S Ya
106Yb
106 Ys
*106 Ys
1063/4
107%
107 Yb
1073/4
1073A
1073/4
1073/4
120
$4.52
31%
313/4
1,300
Consumers
4%
Power Co com
preferred
Baking Co com
Continental
$5.50
preferred
Continental
$3.75
Can
100
No par
No par
Inc
preferred
9 Vs Jan
7
Continental
Diamond
9
Continental
Insurance
31%
313/a
313/4
96
96
96
96
133/4
14
14
14
13Y8
933/4,
32 Ya
923/4
*91%
Fibre
20
33
No par
common
633/4 May
31
*97
5
10
6 3,4
58
933/4,
33Y8
101
6Ys
58 Y4
*91 3%
32 Ye
*97
*63/4
58
101
7'A
58'A
*95
32 Ya
*97
7
58 »A
96
13Ya
230
60
800
92 %
20
33%
8,200
101
7
58%
100
300
2,200
COMMERCIAL
THE
(116)
16
&
FINANCIAL
CHRONICLE
Monday, July 11, 1949
W
STOCK
RECORD
NEW YORK STOCK
Saturday
Monday
EXCHANGE
July 2
July 4
NEW
'
|U|« for PmWu
Range Since Jan. I
Year 194m
Bllkcat
bvtit
S per
Peb
6
Jun
14
5% Jun
8% Jan
7
18
3
47% Peb
11
10%
Mar
58% Apr
11 % Jun
14
15% Jan
Apr
19% Jun 28
X49% Mar
51% July
1
'9
Jun 13
July
55
Peb
21%
80%
12% Feb
17
.
52
24%
*98%
13
32% Jan
7
Crane
Jun 27
100% Apr
13
57
89% Jun
21% Jun
96
Mar
24%
64% May
9
Jun 15
182
7
26% May 12
17% Nov
Jun
16
36%
46% Mar
36% Jan
34%
20
3
14
19% Jan
7
42"% Apr 13
27% Jan
8
,
91%
Feb
103% July
94
Marl 7
98
Mar
Dec
120
90
May 24
96
Jan
4
Jan
7
$4.20
28% Jun
15% Jun
14
24
78%
55% Jun
30
Apr
7%
Dec
13% May
Dee
88
11%
17% May
Dec
15%
July
24%
7
Dec
Peb
122%
Peb
150
47%
Dec
Jan
61
.
13% July
May
12% July
28% Sep
4% Peb
18% Peb
Jan
133
21% Mar
Aug
137
July
x3l% May
July
21
7
12% Feb 24
31
Apr 21
15% Jan 27
6
5% Jun 27
160
13
73
Jan
160
May
Jun
60
6
8% Mar 29
May
10% Jun
16
Peb
14
13% Feb
28
19% Jun 23
4% Feb
24
Jun
14
129
Jan
19
43% Jun 28
50
Jan
19
9"% Apr
4
109
7% Jan
3
18% Jun
14
Mar 14
133
20% July
1
7
7% Jan
24% Jan
21
7
99%
98%
98%
100%
99
99
993/a
99%"
58%
583/4
58%
59
593/a
179%
*178%
58%
1793/4
3%
33/4
*33/4
3%
33/4
3%
3"%
3%
600
1%
1%
1%
1%
*l3/4
1%
500
23%
*95%
90
20
180
24%
23%
97%
*95%
97%
9%
*25%
25%
♦253/a
25%
253/a
25%
25%
25%
200
14%
14%
143/s
15
14%
15
14%
14%
3,000
40
40%
40%
42%
41
41
100
5
•38
.
10
23
23%
23%
96%
96%
96%
96%
91
91
91
*90
17%
17%
17%
17%
17%
57-
56
56
56
STOCK
STOCK
EXCHANGE
EXCHANGE
CLOSED
CLOSED
6
DAY
64%
64%
12
12
19 %
19%
19 %
19%
19%
*'
12
200
19%
.5 3/4
6
6%
6
6Va
.
■
1,200
300
6%
8,800
'
*112%
Vv,
113
20
113
113
44%
44%
8%
83/4
8%
1
18%
19
183/4
*132%.
140
*132%
21
21%
21
1,800
673A
113/4
53/4
113
1,700
6
*64%
11%
*43%
No par
280
14%
67%
*
193/s
*111%
30
800
180
6
6
"
1,200
11%
12
5%
r
6
V
22
13%
*160
180
1,100
300
;
17%
*63%
63%
19%
6%
6
13%
*160
;
56
.-
*203/4
21
133/4
13%
180
*160
6%
63%
ni%
INDEPENDENCE
13%
13%
21
22
22
22
180
200
400
23
95%
91
100
pfd
Inc
10 %
553/4
13%
J
A
97%
*10
17%
*21
5,200
*96
10%
56%
*160
No par
No par
Cushman's Sons Inc 7%
;
24
97%'
*41
233%
23%
96%
*90
233/4
24
'10
17
—No par
com
10
56%
2.50
common
Cutler-Hammer
*179
180
9%
24
23%
1
Publishing
*179
100
3,200
♦95%
96%
91 '
Inc
preferred
Prior
preferred
Class
99%
*99%
'1%
10o
100
$7
7
Jan
26 V* Jan
137
*98%
23%
pfd
non-cum
Curtlss-Wright
99%
583/4
*96
.'*89%
Cunningham Drug Stores Inc
Curtis
3,500
99
5
com
preferred
Press
.150
1%
24
common—10
100
Cudahy Packing Co common
lo
4%%
'300
7%
179%
Cuban-American Sugar
1% preferred
Cuneo
.
98%
No par
Corp
preferred
6%
RR
50
7%
8
-2
preferred
conv
Cuba
27
1
5%
*49%
50
*7%
58%
$4 2nd preferred
No par
Crucible Steel of Amer com__No par
72% Jan 24
*49%
£9
No par
Zellerbach
Crown
7
95
50
2.50
America
preferred
$2
„
I
Cream of Wheat Corp (The)
Crown Cork <& Seal com
Feb
14
8
'
.100
Creameries of
23
*49%
50
*7%
_25
common.
preferred
10 % Mar 30
Dee
Jun
Co
3%%
3
8% Jan
26 % May
67%
9%
12%
24%
08%
Jan
1,300
9%
12%
,
25
92% Bep
8% Deo
Jun
1,000
12%
S%-
12%
24%
8
17% Aug
9%
12%
'■
24%
common
pref 5% series
9
34
20
9%
V
*51%
4,300
7,300
243/4
Convertible
2% Jan
177
52%
9%
4% May
Dee
52%
12%
13
12% Feb
:
9%
1% Jun
25
52%
12%
3% Mar 25
155
52%
12%
3%
Jun
52%
*9%
5% Jan
20% Deo
65% Dec
2,800
52%
1% Deo
Jun
22%
*51%
3% Dec
Jun
21%
25
6
Deo
21%
24%
171% Jan
23%
21%
26% Jun 20
Jan
Deo
22
20
99% Jan 25
x2l
800
21
52
99% Jun 30
Jan
12%
52%
3
6
Jun
12%
52
10
13
12%
7%
Jan
Peb
12%
52%
oa
29
12
7%
92% Jan
Peb
12
52%
98
Oct
12% *
5%
523/4
97% July
164%
55
51%
Oct
Mar
54%
*49%
Nor
177
5%
55%
5%
3
Apr 26
Nor
66% Mar
5%
55
—No par
No par
preferred
Copper Range Co
Copperweld Steel Co
15
18
66% Deo
5%
55%
20%
Corning Glass Works common
1
3% %
preferred
100
Cum pfd 3%% ser of 1947—100
Corn Products Refining com
25
1% preferred
100
Coty Inc
1
Coty International Corp
1
July
5%
54%
20%
$3 prior
Shares
5%
new—_—5
Cooper-Bessemer Corp
the Week
54%
*12
14
Continental Steel Corp
Sales for
-
July 8
$ per share
'
5%
of Delaware—
Continental Oil
Friday
July 7
t per share
54%
_1
Continental Motors
Thursday"
July 6
$ per share
July 5
f per share
share
49% Mar
6
Feb
52
86
.
< per
share
5
50
19% Jan
4
88
Peb
I per
Cornell Dublller Electric Corp
1
Corn Exchange Bank & Tr Co—20
20
Jun 13
,7
15% Jun
67% July
23% Oct
80
Par
11% Jan
7
54% Jan 12
Jun
12
Nor
13
55% May 13
49% Jan
Oct
42% Mar
9% Nor
22% July. 8
LOW AND HIGH SALK PRICES
Tuesday
Wednesday.
stocks
thare
69% Jun
4ft% Feb
14
6 per
I perthare
share
10%
f per share
*
'
Hlghsat
UwMt
YORK
*111%
45
45%
45%
*44%
453/4
300
8%
83/4
8 5/8
83/4
19,300
19%
1,600
8%
19 Va
113
19%
19%
132%
140
19%
*132%
140
22%
21%
21%
140
—
—
'
—
22%
22%
'
V
600
D
9
13
Jan
15% Mar 18
Dana
2
8
20% Jan
7
Davison
3
31
Jun
87
4
94
Jun
20
20%
Jan
11% July
5
14
Jan
24
17%
Jan
15
Jan
13
xl6% Mar
/.
14%
rt
18% Peb
J 24%
Deo
28% July
31% Aug
Feb
26% Jan
da
<62"%
Nor
\
Jan
4
92% Jan
11
15%. Jan
8% Nor
,8% Sep
27
92
Jun
94
4
8
Jun
94
Sep
84
July
13% Jan
7% Jun 30
May 12
3*2 July 8
96
Mar 29
j
Jun
14
46% Jan
30%Jun
34% May
31
Mar 29
50%
26
Jun
Jun
13% July
7% Peb
13
13
36% Mar 30
34
Jan
Chemical Corp
Dayton Pwr & Light
(The)
*16%
17
*16%
11
17
17
17
18%
18%
18%
18S/«
27%
273/a
27%
273/4
263/4
27%
3*2
32
'
Preferred 3.75%
series
A
too
95%
96
Preferred 3.75%
series B
100
95%
95%
Inc
100
18%
27%
27%
18%
;
Records
•
18%.
18%
7
common
Rights
8
*95
97
73/4
8
*5%
*95
96
*95 -v:
-
53/8
5%
96%
53/8
7,300
:
58,300
r
.
5%
96%
80
8%
600
;
;
50
5%
5%
19%
800
34%
35
32%
32%
32%
40% Jan 21
9% Jan
5% Jun 13
7
7
34% Jun
14
50%.Jan
>4,
86
Dee
■
July
Jan
3
22% Apr 20
50
Jun
7
58
15
11
Dec
16%
Jan
11% Jun 20
19% Dec
35% Mar
28%
Jun
16% Jun
13
46
Jun
32% Jun
22
38
Peb
46% July
11
Dec
19% May
Jun
39% July 1
9% Jun 14
6% Jun
xl9% May
14
12% Jun
13
13
7%
No par
343/4
34%
20
common
31%
32%
preferred
Delaware & Hudson
Delaware
Lack
100
Western
&
Delaware Power &
*273/4
60
:::
Light Co—13.50
;
Denver & .Rio Grande West RR
Escrow ctfs for com
100
Escrow ctfs for pfd
Detroit* Edison
7
Detroit-Michigan stove Co
2
1
24% Mar
Steel
Corp
13
Mar 29
De Vllblss Co
22
Jan
26
Devoe &
40
Jan
7
45% Feb
1
Raynolds class A
Diamond Mat$h
common
12% Apr
9
7% Mar 12
Diana
15% Jan
363/4
37%
38%
373/4
373/4
37 3/4
21%
21%
21%
21%
21%
5
;.i 5
16
16
15%
12l/4
xl 1 %
*10
10%
2
53
5
15%
2ft
17%
.
17%
173/4
\
2
t
17%
40
*10%
14%
15%
15
...
200
17%
33%
12%
17%
33%
103/4
*10%
7%
*67/8
7%
14%
15%
15
Tear 1948
6C0
Laweat
Highest
Highest
• per share
$ per *hnre
I per share
18% Deo
20%
9% Feb 24
Oct
v
Nov
Jun
24% Feb
14
EXCHANGE
Apr
45% Jun
13
Deo
Jan
10
Jun
12
29
Peb
Jun
25
Juiy
:
53
10
8
Jan 18
30
46% Deo
Jan
11% Nor
47
Feb
Nor
32% Peb
67%
Apr
97
Peb
90
Peb
50% Oct
106% Jun
106% Oct
X18% Nor
81% Jun
88
Jan
12
Deo
,98
20
July
May
12% Deo
18
May
15%
Class
16%
16%
16%
163/8
16 3/8
5% Jan
39% Nor
11
f
Peb
82% Peb
1% Nor
58%
58%
59
59 %
60
44%
44%
44'/a
44%
44%
45%
443/i
45
$4 preferred series A
No par
104 %
104%
*1033/4
106%
*104
106
$3.25
No par
102%
102%
1033/a
1033/a
50c
183/4
100
83
Apr 29
101% Apr 22
105
101
108% Jan 21
Apr 29
20
18
Jun
80
Apr 27
Jan
24% May
11
4
Pepper Co
8
19
May 16
Dunhill
13
13
Jan
Duplan
14
Feb 28
97% Jan
Jun
13%
3
20
9% Jun 13
15% Jun 14
115% Jan 12
12% Jan
38% Jun
13
47% Mar 29
Eastman Kodak Co common
lu*
Jan
5
21% Jun
7
Jan
12
180 '
18
6 %
May 27
32% Jan
Jan
7
10
Jun
1
Apr
May
7% Apr
5
4%%
Elastic
7
43
12% Feb 25
32% Mar 18
1% Jun
13
15% Apr 14
35% May 13
2% Jan 12
26% July
34% Jun
7
51
17
Jan
10% Jun
2
19% Nor
27% Jun
74% Jun
17% Jun
13
48
Jun
15
57
42% Jan
14
47
Jun
13
29
May 16
8% Jon
14
13% Jan
9% Peb
50% Peb
59
Sep
4
Deo
9% Deo
7% Mar
84% Dec
3% Dec
9
6
16
100% Jan
24
104
4% jun
6
5
July
July
Apt
9% Jun
13
48% Jun
1
20% May
11%
Jan
49% May
7% Mar
59% May 10
3% Feb 25
6%'Jun
13
fi% Jun' 28
36
Jan
4
3
Jun
15
Jan 13
Jan
7
14% Jan 21
61% Jan 24
68
Jan
31
4% Jan
6
10% Jan
7
9% Apr 30
44
May 19
5% Apr
6
113%
113%
112%
113
113%
93/4
10
16%
17%
163/4
17
14%
14%
13%
14 %
*7%
8%
7%
8%
*9%
9%
9%
9%
40%
9%
163/4
17
EXCHANGE
14 %'
143/s
CLOSED
8%
8%
93/4
9%
40%
40%
40%
403/4
40%
41%
*175%
176%
*175%
176%
243/4
24%
24%
24%
14%'
14%
*14%
15
*90
91%
INDEPENDENCE
DAY
'
;
•
(The)
■.
;;
-
*90
91%
*10%
11
11
11
*95
97
*95
97
*95
97
I
common
3
preferred
No par
353/4
-
6%
6%
<
36%
12%
34
36%
13%
34
1%
*9%
10
17
17%
13%
400
8
•2,500
6,200
6%
36%
6%
36%
6%
36%
8
176%
243/4
5,200
900
15
500
;
*90
91%
11%
-
11% 1
♦95
*6%
6%
400
36%
363/4
2,500
13%
13%
13%
*13%
133/4
34%
34%
*34%
35%
200
1%
26%
13%
34%
1%
1%
1%
1%
1%
1,200
.
i
•
39
—w
1,000
10,400
—.
39
39%
39%
*10%
11%
10%
11
*10%
11%
•lo3/*
*19%
193/4
19
19%
19%
19%
183/4
19
preferred
preference
So
*51%
53
51%
51%
*50%
52
50%
50%
50
•43
45
45
*43
3
new
Empire District Electric Co
25»/8
9%
9%
ft
12%
123/4,
16
163%
10
Endicott Johnson Corp common
2ft
4% preferred
100
Equitable Office Bldg
RR
common
preferred series A
Pittsburgh RR Co.
Erie 8c
Eureka Williams Corp
Evans Products Co
Eversharp Inc
Ex-Cell-O Corp,
Exchange Buffet Corp
*43
25%
4
*
t
.No par
10O
31%
*102%
31%
104
253/a
*
-123/4
12%
16%
16 %
15%
32
*102%
9%
10%
93/4
49%
49%
*4
60
4%
50%
*53
*4
32.
104
4%
10
51%
56
2.50
9
12%
15%
31%
103
43/4
4%
9%
10%
50%
*53
50%
56
7
7
6%
7
7%'
7%
7%
43%
*3%
33/4
25%
4%
6%
*3%
46 %
4%
7
43
31%
103
'
4%
6%
43
9
*12%
*4%
*55
25%
9
4%
5
25%
-
9
*43%
50
39
39%
-
*38%
Electric Mfg Co
Emerson Radio 8c Phonograph
600
97
lo
Natural Gas
30
-
243/4 >-
*14%
—lft
conv
500
;
41%
•
176%
-
800
9%
*34%
1%
26%
210
'
11
*6%
700
500
113%
133/4
.
15,700
100
*9%
9%
,
1,500
122%
993/4
♦93/4,
800
IP/8
common
Paso
5%
113%
100
'
46
122
91%
1
Emerson
Erie
45%
46
123
993/4
200
-
183/8
113/8
*983/4
11
5%%
Jun
45 5/s
*121%
STOCK
i
*
88
17%
100
Co
2,500
•83%'
11%
*90
6
Nov
Jan
Nut
500
19
99%
14%
Elliott Co
17% May 26
33% Mar 25
14% Jan
x29 % Jun
46
121
45%
103
19
*98 S/8
X121
1,500
5,300
103
■
85%
11
7,800
'
105
100
123%
24%
Elgin National Watch Co
16% Mar 31
11
45%
;
*16%
18
176%
Elec 8c Mus Ind Amer shares
5%
*83%
•1
105
19
100
Auto-Lite
Convertible
El
104
183/4
103/4
14%
7
7
*102%
19
173/4
24%
13% Mar 24
12% Jun 17
Jan
Stop
Electric Boat
Feb 28
24
900
18
*175%
21% Jan
Jan
1,300
27
103/4
1
Electric Power 8c Light com—No par
Electric storage Battery
No par
5
Jan 10
11
•26%
2.50
common
preferred
Electric
33% Apr 29
Oct
Jan
preferred
Products Co
1
common
♦10%
4
4%%
Ekco
*83
2
100
Manufacturing Co
Edison Bros Stores Inc
2
37% Jun
2% May
.
preferred
Eaton
90% Jun 13
ft
10
10%
28
87
18%
83
103/4
27
93/4
7
Co
Airlines Inc
19
103/4
27%
103/4
*27
113%
13% Jan
6
6%
16%
65%
68%
ft
1st pfd
14
8% Jun
104
100
Duquesne Light 5%
DWG Cigar Corp
7% Jun
3
Peb
99%
123
STOCK
19% Jan
4% Jan
No par
CLOSED
23% July
97
series
EXCHANGE
14
84
No par
$3.50
.10
56% Jan
12% Jan
29% Dee
series
Preferred
-1
101
Oct
45%
$4.50
.10
4
20% July
16% Deo
16% Aug
5
Preferred
Eastern Corp common
Eastern Stainless Steel Corp
14
49
10%
Eastern
Jun
12% Peb
9% Mar
(E I)
*163/4
Eagle-Picher
10% Feb
41% Deo
1
No par
& Co—
7
96
f"
International
Corp
20% Mar 30
16% Mar 29
14
Peb
Deo
common
13% Jan
Jun
48% Deo
12% Deo
X55
common
7
13
88
Jun
10
26%
New
Jan 27
101
10%
26%
preferred
Du Pont de Nem
47% May 26
123% July 5
Jan
16%
conv
103/4
ft
2nd preferred
3%%
86% Jan 21
5
No par
Corp
Dresser Industries
8% Jun
11"% Mar
92%
56
130
16%
58
14% Apr 13
Jun
2,800
473/4
16%
88% Dec
19% May
16% Jan
600
24%
59
46% May
176
Jun
106
•
163/4
Jan
Deo
24%
583/4
22%
Mar
47%
No par
lft
7% July
10% Deo
47%
No par
Nor
92
47
Dow
19%
82
243/4
47%
Douglas Aircraft
25% May
20% May
Deo
25%
47%
Dome Mines Ltd
13
14
243/4
47%
50% Jan 21
13% Oct
30% Dee
25%
*46%
17% Apr 20
63% Mar 81
112
88% Peb
157
Sep
*24%
No par
Shares
,
11%
11%.
3
116
Jun
15% Jan
,
ft per share
11%
243/4
7
111% Aug
10% Deo
12% Deo
10%
11%
11
12% Jan
Peb
Deo
July 7
ft per share
11
10%
No par
common
A
Co
h
the Week
July 8
July 6
ft per share :
July 5
1 per share
1
Chemical
•'
Sales for
48% Feb
124% Jun
99% Jun
Deo
V
Friday
Thursday
.-Wednesday
-
Dr.
i<
18
July 4
I per share
$ per share
Tuesday
Doehler-Jarvis
43
'
V:
33
119
94
-
1
Jan 24
•
8,800
-
K,
Apr 26
14% Mar 29
43% Jun
113% Jan
July 2
Pat
Dlvco
Corp
Dixie Cup Co
Monday
Saturday
I perthare
17
'
'
•
LOW AND HIGH SALE PRICES
NEW YORK STOCK
Kanga Since Jan. 1
Lowest
*43
25%
500
-
11%"'
200
"r
900
'
200
46 %
25%
4,600
9%
9%
12%
123/4
1,800
15%
16%
1,600
900
31%
31%
700
103%
103%
43/4
1,900
10%
3,600
4%
10
50%
*53
4%
7
43%
7%
43%
43%
7%
*43%
33/4
*3%
3%
*3%
7%
39%
20
50 3/4
56
4%
7
73%
44
3%
'
300
103/4
6%
15%
40%
'
STOCKS
i
2,500
1,700
39%-
39%
•
Bango for Frevfoua
'
600
*10%
10%
7
7
—
2,200
16%
'32%
17%
33
7%
'■
*11 S/8
*17%
34%
40
5
16%
16
*113/4
34
•
1,400
1,300
2,600
-
.53
5
5%
3,400
•••;
*48
53
113/4
40
34%
*63/4
50a
♦48
*48
53 V',
7 4%
•
f
.
40
Corp
1,900
:
37%
21 »/8
34%
Distill Corp-Seagraras Ltd
6
Stores
21%
21%
*39%
par tic preferred
Dlamotiii T Motor Car Co
20%
6%
20 3/4
f.
500
20%
6%
193/4
12.50
No par
6%
".
JL9% V193/4,-V-
21
*113/4
ft
;
28%
28%
6%
193/4
193/8
15%
:.
28%
6%
21
4%
>:
28%
800
6%
19%
*48
*.V
i't C./V
28
6%
v
;
3,800
21
21%
1
Detroit
52%
19%
.36
Detroit Hillsdale &8WRR Co_ 100
10
34%
32%
19%
"
*
20
35
28
6%
..
19
*32
28
6%
19
20%
-
1
100
Jan
>
19
34%
19
1
9% Jan
4% Jun 29
22% Mar
Deo
May 10
20
13% May
26% Oct
25
-
1,000
19%
35%
5%;
4
*95
8 Va
96
*8
96%
X8%
8%
'■
400
•
*95
96
183/4
19
Deep Rock Oil Corp
Deere & Co
24
27% Jan
68
Mar
200
17
*16
60c
13
21% May
80% Jan
13
200
12
Decca
12
Jan
Jun
Apr
"
92%
*11%
7
9% Jan
29
19
32% Mar
.
1,300
*92%
11%
60o
20
20
;
10%
93
11%
Dayton Rubber Co
20
<«
,
10%
*92%
11
7
Jun
«
8%
11
93
*11
8
39% July
14% Peb
*
103/4
*92%
11%
10% Jan
19
'
11
923/4
11%
96% July
4% May 31
17
38% Jan
■■f.
11%
923/4
'
Jun
42
Dec
31% Dec
29% Feb
t
11
100
2.50
20"
1
1
17% May
94%
85
Corp common
3%% pfd series A
Davega Stores Corp common
5% conv preferred
Oct
'13% Dec
C
e
Jun
500
•
—
600
700
1,300
1,300
Voltcme 170-" Number4819
•~TME
GOMMERCIAL
NEW
';;
'
37-
34-
33% Oct :
28% Nor;
19
Nor
Feb
•
11%. Jun»
5
% Jua
,
Oct
Par
Fairbanks Morse & Co
7 "
.
Jun
32
20% May
12% May
31% May
,
Dec
Feb
25% Magr 3
Jun
-
14% Jun
3% JUA
7% Jan
ft
7
8
v
38 y4 Jan 28
*
17
17% Jan 26-
14
24% Feb:
YS
32% May IS-
j
9
6% Jan f0
29% July 8;
9-
Federal Motor Truck..
217/s.
32
%
11
%
14 y»
14%.
14%
32
32%
32%
*32%
16
16
16
*16
14% Feb
28% Not
96
Dee
26
Dec
13-
May
36% May
64%;
64%
64%
64%
64 y»
25
44
43
43%
43
43%
Dec
40%
Dee
79
Dee
20% Apr
Mar
Dec
12% Feb
16% Nov
f
V ~5%
Dec
Dec
'
27%
17
'-47% Oct
12% May
24% Jan
:
13
x38
Feb
26
84'
;
20
i
87a
146
> 974
9
13
Jun
13
32% Feb
23% Jan
13% Jan
42:
Feb
May
99
July
Feb —liya July
Apr
159% Dec
107
106
6 -jun 13
6574 Apr 25
24 V* Jun 14
18
Dec
24
Jan
17
-Jun
X125
Nov
144
- Jan
129
Jun
/ 31% Mar
43
May
Jun
34
Mar
,41
96
118%
Feb
R
23
17
15
General Electric Co
No par
26
6%
x97
Jan
Feb
25
100% Jun
Preferred
3
17
26
May 18
General
127a Jun
14
16
Mar
2% Jun
28
15%
li y8 Jan
22%
Feb'
247a
Nov
31%
Jan
110%
Feb
132%
Oct
22%
Dec
29% May
30 Yn May
102% Dec
Dec
Apr
Dec
30 <
Dec
Jan
207a Jun
24
22
Jan
27
26% Apr
22 lh Apr
4
102% Jan
4
1872 Jun 23
99% Apr
4
2174 Jan
30
77% Apr
11
70
Jun
73
9
5% Jun
15
Mar
12% Feb
427a
6%
12b
105
*
7
,97%
35 7*
36
**4274
300
200
»
60
21.400
.'
if, 100
427a
'-9 TVs
2^200
48%
97 Va
6%
*47'A
100
674
'
,v
48 'A
*100 »/4
1,400
80
126
*126
12674
103
*100'A
103
Corp
6 per share
-
v
$ per share
$ per share
,125
100
,
58'A
125y+ 125%
Xl24'A
100
100'/4
x99%
15%
23%
15%
23%
23%
*
*15
100
15%
1
23%
12%
127a
12%
127a
1274
127a
*2 7a
-2%
2'A
2%
*27a
2%
1274
5
No par
*118%
10c
121
122
5%
5y8
21'A
21V*
16%
121
21%
*16 '/a
*121
5%
5%
21%
2474
25
25
25
103
102
103
101'A
*100
19
100
102
17%
17 >/4
*1674
5
24%
187a
24 J/4
24'A
♦1874
19
100
1774
*68j/2
71
*68'A
71
*67
71
♦67
71
6%
6%
6'A
6%
•99
127a
2%
300
rv8
5,500
1574
700
1674
50
121
121
*25 y*
1,500
200
19
10
102
*99
400
17.74
177a
*68'/*
70
*67
71
230
1
2474
2474
71
400
26
*1874
1774
600
10174
; 101'/a
:
4,900
21%
*21
'
:
57a
574
102
*67
700
127a
'
19
*68'/2
900
•
"
2474
•17'A
700
1
102
*1874
400
v
27a
2174
25'/*
24'A
24%
700
15%
23%
r
16'/*
25'A
*102%
9974
*23
\
123%
5'A
2174
1
v
13'A
13
13
*16'A
16%
5Va
No par
127a
13
*16
100
27,000
1247a
15%
23'/*
15Va
Shares
5874
124%
9974
1247a
100 'A
the Week
587*
5874
125
Bmles fer
Friday
July 8
t pet share
$ per share
5874
57 %
577s
56%,
.
„
—10c
Realty A Utilities
Refractories
July 6.
July 5.
'■
Thursday
July 7
Wednesday.
Tuesday
July 4
4y*% preferred
100
3%% preferred
100
Georgia-Pac Plywood A Lumb Co.l
3
*1
674
126
I26
*100
103
,
48
x46%
12674
.
6%
47%
67a
130
71
V13374 133 r„-
;
427a
427a
•96
97%
■
357a
357a
35%
35 Va
'42%
46
•133 V4 135
No par
Co
Gen Tire & Rubber Co com
5
6874 Jun
90
May
82% May
13
Utilities
,
135 •':
*
15 Va
23%
General Shoe Corp
Gen Steel Castings $6
4
15% Jun
Jun
1774
177a
*17%
pfd—No par
General Telephone Corp
20
General Time Corp com
No par
474% preferred
100
11
Jan
3
Public
General
28
7
227» Jan
Gen
122
Mar 14
101% July
Gen
Jan
5% May
247a Jan
10
1 *17%
3,400
26'A
•96%
No par
Gen Railway Signal com
6% preferred
123
May 19
4% Feb
Cement
20 % Jan.
14
120
Portland
14%May
3
15% Jun
Jun
26»A
6%
No par
Gen Precision Equip Corp
Gen Public Service
8
3% Jan
77a
♦68'A
27
42%-
Monday
No par
$3.75 series
Advertising
22% Jun
9 per share
**
10
Gen Outdoor
Nov
May
128% Jan
- 6% May
30% Jun
4% Mar
Saturday
July 2
Par
16% Apr 28
2,600
^13°
1074
7%
77a
77a
200
'
156
•9%
10 »A'
68
97%
*100
10%
10%
*152
155
68
6%
■; 12674
%.
»
LOW AND HIGH SALE PRICES
STOCK
General Motors Corp com
$5 preferred
12574 Jan 17
6
13
129
•:
10
800
45'A
101
27
1; 4174
46
150
107
44%
*100
7%
J *967a
:
'
100
S per share1
2
35%
.
800
2,200
2,400
'
27
•133
135
.
35%
—100
EXCHANGE
18% May
4% May
Sep
e 1.
STOCKS
5
997a Jun
17% Jun
Dec
134
'
*
7
123 Ya Jan
Dec
*17%
«
*105%
>
68 V*
177a
NEW YORK
1574-
7'A
177a
13
125% Jun
'
177a
:
17
1574
■-
*9%
:
27
BUgheot
2374
17
r
*67 'A
7%
7V4
155
♦9%..10
27
Since Jan. 1
1,900
"
155
155
156
*974 :iio
70
"
4%
447a
101
lOVa
ioy4
10
10 %
*99'A
*26%
107% Jan
62% Feb
99:
lOVa
100
447a
44 V4
99
*67 V4
128% Jun
$ per share
44
100%
*152
-
106
106
447i
*99' -•
•
v
♦105%
105%
.
50
4
14
16% Feb
1274 Nov
2% Feb
44
5
4
51% Jun
12% Mar
15
105 V4
r
No par
—100
preferred
1%% conv preferred
300
*4%
157a
24
•
100
,11%
17%
15%
23
.
15%;
17
♦16 V4
23
17
15 Va
.
700
200
■■■: *11%
4'A"
16%
loo
common
300
37
23 V4
4%
15
Amer
—
1,800
1
11'A
16%
12374 Jan
Nov
4y*
57a
•*14%"
15'/*-
11'A
217a
No par
t per share
4Va
17
•16'A
11%
16%
General Mllls
66
17
♦11 v»
217a
13
'
15%:
*16 V*
1
52% Jan
Jtange
*14'/*.
167»
11-
5
*5v*-.
*36-
50
15
Lowest
15 V*
10
1
*47a
,
36,'A
36%,
•14'A
300
2,100
177a
73%
*15 %: 157a
77a
77a
5
1:5%.: •: 57a
15%,
774
/ 774
35%
157a
i7y8
1.66%
447a Jun
.
35 %
157a
1,200
4774
73 y*
♦15%,
77a
700
47%
4y4
Oct
Apr
'7%
1,000
9
*8%
'
4Va
No par
1
97
•4%
-
5'A:
900
9%
9%
v
\
17%
167a
.
General Cigar Co Inc com—No par
1% preferred
100
44 •. May 17'
97% Apr 14 •
y
=
;
*14%,
Y
.
No par
3
15% '
77*
1
9
160
-
23
"*22%
9%
17%
15'A i
15
247s
♦72 - .* u73v*
5.■
•4'/*
{5%
'
20
90
247a
157a
177a;
■; '73%
.
800
3,100
90
*15%
15%
11%
24 V*
25%.
477s
47
47%
11
1-
2
General Foods Corp com
Highest
f per share
50% Mar
118
Oct
'93% Feb
72%
—40— Jan
ll y»
24
8974
9%
4% conv 2nd preferred
2
6
4,700
88
*87a
;
General Cable Corp. com
4% 1st preferred
1
10%
*85
23
*22
9
17%
47a
r
9%
15%
,72
*347*. e 35 V*.
No par
$8.50 preferred
General Instrument Corp
Year 1948
76
No par
-
; T7%'.
/.' 73%
♦1474
7%
.•
50
11
Bange for Previous
18%
.>
•(
Transportation—5
$4.25 pfd series A
No par
General Baking Co common
5
yJ8 preferred—:
No par
7
nftpr
139% Apr
15%
■'<-5
5
13 y* Jan
Jun
98%
jJun 28
7
Jan
,'20-
.
17
39% Jan
Jun
217a
28 "
Jan
47 ya
17
■
——20
4
108
1874
10
31
47%
*4%
14
128%
10%
11
23
9%
•8%
l
$4.50 preferred
General
♦22
9%
8%
*72
day-
General American Investors com..l
79% Jan 20
-
v:
r
INDEPENDENCE
l
com.
4%% conv preferred—Gaylord Container Corp
8"
23
*15%
937a Jan
53
Lowest
120
(The)
25
46%
closed
loo
_
90
25
8%
EXCHANGE >
CLOSED
x6% Jun
Feb
y
preferred
89%
"
■
Jun
-
Feb
- 97
.
90
9%
STOCK
STOCK
EXCHANGE
13% Dec
Mar
40%
25
No par
l
10
Gar Wood Industries Inc com
*
Jun
87% Nov
24%
Gardner-Denver Co...
17
Jan
8974
200
10%
"
'
25
90
*24%
—*22:.'
10
common
1,700
13%
'
*83
isy*
*13%
86
:
14
10% Jan 24 v
July ;6-- 163% Jan 19 9% Feb Y4 v - df% Mar 31 - ^General Bronze Corp——
.
July
9
Jun
86
Garrett Corp; (The)
97a Jun
14% May
Mar
44% July
34
i
46y*Jan
6
82
.
»
155
106.
15
85
■*
15% May 17
3
103% Jan 25
-15
—
t
7
53% May
85
6% preferred
^
Gamble-Skogmo Inc com
5% conv preferred.Gamewell Co (The)
4
14
85
Corp
10%
10%
10%
500
22
15
\
107*
11 %
<
.
2,200
24%
Galr Co Inc (Robert)
Apr 18
157a Jun
11%
24 ya
Gabriel Co
19
21% Jun
May
26% May
18% May
105% Jun
11%
24%
4%
8
14
11%
24%
10%
10%
Froedtert Grain & Malting Co Inc.l
Fruehauf Trailer Co common
1
<
Apr 26
13% Apr 25
674 Feb
3
Nov
,
17
(
11%
24%
Freeport Sulphur Co—
9% Jan 10
tr
w
11%
—23%
6% prior preferred
4r
vV 17% Jan
1
10
Francisco Sugar Co
Franklin Stores Corp..
7V*Jan 10
37a Jun
45
J
13%
,
24y*
100
22
lay*
13%
Foster-Wheeler
41% Jan 12
{-Jun 15
Feb 25
72% Sep
28% Nov
y
15%
20% Jan 12
78 % Feb
2
.'7% Apr
Jun 15
10% Jun 13
9% May
v-
Jan
s
6
22
15 ;
Dec
1100%
Jan
Aug
23 y*
;
"
42
Jun
47a (Jun 15
47a Jun 14
14% Jun 30'
6ya Jun
1
48% Aug
17%. July
;
15%
<
300
'
13%
Jan 26
600
11%
21%:
13%
16% May 27
?
21%
15%
Corp
100
"
627a
*98%
21%'
13%.
Steel
103%
24y»
24%.
100
*98%
15
■
34
,
9974 Mar
■
t
.
12
19
16% Jun
70 "
Aug
10% May
10%. May
;
,
11% Jan
11%.
24
;
15
,
10% May 13
48% May 9
1,500
11%
*13%
25% Feb
3,
11% Jan ll
26
Jun
1,000
43%
.
Machinery & Chem Coxp—10
3%% conv pfd
100
3%% preferred
loo
21% Jun
700
6»%
117s
21%
26% Mar 17
Feb
loo
•98%
,
14'/*
6274
63
21%
Food Fair Stores Inc
9
95
100
24%.
24%.
24%.
24ye:
*98
No par
Food
11
9
»11%<
..Nopar
200
15%
♦105
lOo y*
6274.
•
4,70ft
•
15%.
43%
21%
Follansbee
19 V* Feb
2
11%
11%
29 y»
*64
.No par
7
89% Jun
May
8
16% Dec
11% Feb
Y
11% May 18
29% Jan
8
90% Jan 18
Dec
Dec
38 y§ Dec
{
24% Jan
May
Dec
9
15
29
16% May
6% Dec
16%
16% May 19
13% Mar #,.
>
Carpet Co
•62%,
11%
600
,
*13%
1
14 y*
Florida Power Oorp__.
i.
7%
Florshelm Shoe class A——No par
6.
24.
10
Feb
6%
Jan
(The)
04 preferred—.
Florence Stove Go.
62%
1
15%,
106%
62 y*
62%
■
Flintkate Co (The) common—No par
78'
92%
17% Mar
;
Firth
Jun
68% Dee
.
8% Feb
No par
7
*106% 1067a
*106%' 106%;'
—100
—
3;
38% May
25% Jan
9% Dec
8% Aug
35% Feb
10
x9% Jun
105
82% Nov
24% Dee
22
Jan
4%% preferred
First National Stores——..
7-
May 13
28-
May 26
12% May
47% Jun
9% Mar
27
12
Firestone Tire A Rubber com
17%Jan
102
18% May 25.
13% Jan
3
21% Jan
!
12% Dec
*
400
4y4
•98%
64%
*98
100,
—
31%, Jan
7
7
15% Jun
Dec
'
22%
11% May 26>
21% Jun,
98% Jaa
*104
July
98
300
33-■
16%
28%:
.
43 y»
Fidelity PhenFlre Ins N, Y__
63
*96 %-
'
10
ft,
107% Marl?
98
•
—
lb%
29
*137*
68%,Apr
105 - May 16
53
Jan
3
287a
*15
July
59% July
20% Aug
42% Jua
29
1,90ft
2,600
*4ya
15%
Jua 15
107% JUA
28%
7*.
l4»/»
33
-
4%
14%,
43
Nov
4
y*
i6
*13%
64;
_
4%
4
'■32"
4
•IS
53
50%Mar31
4%
29
28%
-
50ft"
%
i*%
-
14%.,"
15
69% Oct
:
4%
7a-
,
3a
••
7a-
14 y»
32
—1
6.
32
%
*15%
60ft
1,900
217*
\
14%
—5
Ferro Enamel Corp,
Jua
,'2174
14
Felt Jr Tarrant Mfg Co.,
6
Dee
21%.
317*:
-
Shares
37**: -38y*~-
2174
-31%.
99'/*
5
17% Jaa
preferred—
.37*%
37%
.
15
20%. Jan
4%%
,
21%
31%'
13%
98% Mar 23
12% Jua 14
100% May ,3
38
21%
31%
■"
for
the Week
+ * ■ Sales
•
t per share
*96%
14% Jua 13
49% Mar
,
37
21%
32:;
v'' Friday
July 8
„
$ per share
I per share
*3T
37
'•
.■
Thursday
July J
*
July 6
per share •
4%
99% Jua
103%
•r
1*1
I per share
■:
Wednesdays
Tuesday
July 5
5
42
,
V/' LOW ANO maH
Monday.
July 4
No par
Federated Dept Stores, com.-—..
63% "Feb
t
t per share
•
No par
24 Va Sep
26% Jua.
Feb
19%. Dee
;<
'
—
17% Dec
90
f
Saturday
Juiya
Fajardo SugarCo.
.20
Palstaff Brewing Corp
—1
F A R Liquidating
Fedders-Qulgau Corp.
Federal Mining >& Smelting Co___2
Federal-Mogul Corp
5
„
14% Jan
&
11 % Mar
43
Mar
20%
41% Ja»
Feb; 28 v
16
35% Feb
16
Jua. 13
.
23% Feb IS v
17
RECORD
;
>;/ .; 0
-
$ per share
,.
STOCK
'
;
Apr
5
11
$ per share
EXCHANGE
(117)
I1NANCIALrCHRONlCLE
V.-
YORK STOCK
Lowest
64% Jun-
Row
c
", Range Since Jan. f \
'
^'Highest -
'*
I pet share
xl9%-Nov
20
YORK
ROCKS S.
Baagbfur rmkii '
V
Yearly
/•'.
Lowest:Highest
I | per share
&-
71
*
I
67a
6%
267a
13%
*727*
227a
1,400
6'A
2674
♦817a
13%
1
6'/2
'
"
277a
Feb
87
Dec
24
17
Dec
25
75
Dec
85%
May
Jun
14
797a Jun
39% May
96 % Jun
'
1
12% Jun
Jun
73
:
48%
-
Feb
4
Mar
113
May
55% July
67a Oct
Mar
122
14% Dec
38% Mar
96% Mar
X
2%
5%
Feb
Feb
Nov
31
99
Jun
167a Jun
Oct
35i
i
5
3% Jan
7
874 Apr 23
14
Grant
25
May 31
97
Jan 25
11
16 % Apr ,
Mar
14Vt Sep
40July
Jan
6
Dec
29
.
15% May
11% Jun
13
.
Dec
i
y
Feb
132
32
50% May
36% Feb
16
14
Jun
33% Jun
Jun
16% Jan
Jun
133% July
36
3
145%
Apr 1L
Jan-13
,
,
144% Mar
Co common
,
iGt Northern Ry 6% pfd—
Great -Western Sugar com
7%
3 v
preferred
♦72'/*
74%
*72'A
74'A
23«/2
•23
23%
23»/a
23'/a
18»A
1874
'
'
18
18
18%
18%
48>A
~.
49
48
48
8
77a
8
♦98
1
100
102
*98
*99
.
:r
56%
101
...
.Jan
77
Apr
Jun
66
6ft
3
Green Bay A Western RR
Jun- 3-y -
10
40% Jun.
-
10%,Jan
98
16% Nov s
25% July
85
14
9
Feb
97
12% Nov ;
44
Feb
57% Feb
Jan
33% Mar 19
13% May
Feb
5% Mar 4
;
;
..
11% Jun, 22
90% Dec '
:
.
17% May:
k
.
-
93% Jan
Jun
92
July
Jun
18% July
For-footnotes
see
page
4.
Feb 24
5
20% Jun
81
4
I5ya. Jun 15
Jun
r
Jan
4;
9% Jun 13
/.
Jan
-66% July
20% Apt
1
6
7 Yb May 17
97
Jun. 10
14
Jan
Jan
8
71% Jan
7
167a Jan
■„
20
24.
Jun
14
3
50
7
Apr 16
,
,
4%%
preferred..
Grumman
$& conv
100'A
200
3874
39%
2,000
12%
127a
12'A
127a
17a
1%
1%
17a
17*
17a
674
100
*6%
674
*6%
6'A
20%
207a
2074
20aA
♦207a
207a
800
20'/2
19
19'A
19 »A
*1874
19
700
19
187a
25
25
•241/2
25
*24'A
95'/2
96
96
*95
13
13
*1274
13'A
*1274
13'A
34'/2;
*32 %
34%
*32 »A
34 V*
•1874
*32%
96
24y4
96
127a
12%
12%
12'A
35
34%
No par
17
1674
17
1337a
134
'
134
134
•133
134
*64
100
100
68
•64
68
37%
•
11V4
*98
16%.
57a
•94
97a
13
r!"
11%
99%
16%
57a *
96
10'A
377a
•12%
117a
•98
16%
57a
•94%*
9%
38%
13
11%
99%
16%
*64
38'A
•12ya
ll'/a
♦98
•16
99 V*
16 Vi
•98
'
16 j/4
6
6
6
96
*95
9%
130
1,800
3874
11 y.
96
♦431
3,300
68
*127.
6
10%
800
1,900
-34%
134
33
>
90
100
"
17
96
43%
347*
133%
38%,
11%
.
'
1674
*64
68
13
*32%
34 y<
'
r
1,300
y
'
13
♦12%. ,12'A
347a
16%
*<
-
95
*12%
12%
34%
17
-
2474 1
95
25
'
35
No par
20,500
*6%
167a
Gulf Mobile is- Ohio RR. com_No par
$5 preferred
No pat
Gulf Oil Corp
25
600
12 'A "
•127a
17a
6'A
3474
Sugar common—
1
preferred—....—.No par
800
102
102
101
No par
Aircraft OOrp—^
Gulf States Utilities Co
100'A
39
12'A
Guantanamo
1,800
57
57
5674
20
900
6'A
5
100
1,200
15 V*I
20'/2
.
par
1
8
98
*1474
12
17a
37V4
Common
300
100%
•12%
-
49
101
387a
101
2,600
18%-
8
v
15
5674
101
300
23
98
8'/a
103
1474
300
74'A
18'A*
*4874
49
*7 7a
*98
4,400
12
10
v Greenfield
11% Apr 14.
♦48
r
1,800
83
100 V*
l
Co Inc
137a
100
T*p A> Die Corp—No par.
Greyhound Corp (The) —
GreenrfH L)
3
14 % Mar 29
56%" Jun 13
41
58% Jun.
'•
,
38 y2
.
387a
13
*99
"
29% Feb
13% Dec
57
101
38%
387a
38 >A
1474
•100%
56 %
56%
No par
14y8
147a
14J/2
'
60
8%
103
~
10
No
83
137a
74
*23
GtiNorthera Iron Ore Prop__No par
>:
18%,Jan 4ft
8
(W T)
*817a
84
14
73
.
267a
1
INDEPENDENCE
DAY
'267a
*817a
84
13'A
CLOSED
267a
xl37a
*81 '/a
preferred
100
Grayson-Robinson Stores com.
l
No par
; :., $2.25 conv pfd
43% Jaa:> f.
■
com.
STOCK
EXCHANGE
CLOSED
267a
26'A
STOCK
EXCHANGE
37i%
,
13
13
23 ya
'
8
No par
—50
Grand
7
28y2Jan
5
,
-
(B F)
Union Co (The)
Granite City Steel
2074 Jun 29
4
207a Mar
3
16% Mar
preferred
No par
2.50
$5 preferred
No par
Goodyear Tire A Rub com—.No par
$5 preferred
No par
Gotham Hosiery
No par
Graham-Paige Motors
1
Granby Consol MSA P
5
17
93% Apr 26
9% Mar
;
16 ya Jan
Goodrich Co
Mar 24
Feb
104% Feb
10
,574 Feb 19
.
May
Nov
Jun
7
45% Jan 26
iy8 May 12
Oct
18
18
C
103
14
10
23
xl2
24
Jun
Jun
89
>
64
Jun
34
57a Jan
87» Apr
15 y* Aug
;
14
100
conv
5
common...
preferred
4%%
No par
No par
Goebel Brewing Co
Gold A Stock Telegraph Co
Goodall-Sanford Inc
12
17% Jan
9874 Jun 20
v
Jan
116
14% Jun 29
■237a
—
Dec
$4.50
Gleaner Harvester Corp
Glidden Co (The) com
8% May 16
3
13
52j/2 Jun
Glmbel Brothers
s
31
Jan
26% May 13
217a Jan
7
53% Mar 25
3
5% Jan
105% Oct
Dec
15
-
48% Jan
24% May
64% Oct
103% Aug
50% Oct
47% Mar
94% Mar
17% Jan
17
x95% Jun
Nov
Gillette Safety Razor com
$5 conv preference
7
13
Jan
76
5
17
17% Jun
28
91
14
July
21% Jun
19% Nov
33% Jan
26
13
14,400
117a
99% •'
16 v» *'
1,000
7 "A
7,100
40
98
10 »A
10
10
44'/*
43
43
.
3,200
,
.
400
*41%
43%
43
597a
607a
177a
60%
61
60'A
61%
60%
61'A
5,900
17%
177a
177a
17%
17%
17%
3,800
17'A
'
8
COMMERCIAL
THE
(118)
&
YORK
NEW
FINANCIAL
STOCK"
-
STOCKS
Kuft for Previous
NEW
Range Since Jan. 1
Year 1948
Lowest
Highest
Saturday
STOCK
YORK
* '
CHRONICLE
RECORD
'
LOW
I pershare
July 2
,
.
f per share
Par
tper share
$ per share
S per share
EXCHANGE
Highest
July 4
HIGH SALE PRICES
AND
'
Friday
July 6
July 7
$ per share
$ per share
S per share
Thursday
Wednesday
Tuesday
July 5
Monday
,
Lowest
Monday, July 11, 1949
S per share
for
Sales
July 8
t per
the Week
share
Shares
H
31
Feb
35%
15%
Nov
12%
Dec
107
Feb
27%
Jan
Jan
3
Hall
Jan
24
81
8
79
11%
Feb
11%
Mar
26%
20%
Oct
Jan
24% Jan
19
14
6% Jun
28
8% Mar 14
5% Jun
7
19% Feb
3
Dec
42
Jan
103
23% Feb
4
Jan
17
92
Jun
21
30
Jan
3
36
Mar 30
98% Jan
May
13
84
Jan
95 y2
Hazel-Atlas
14
Hecht Cc
100% Mar
Heinz
22%
Nov
24%
Nov
23% Jan
4
34 y8
Dec
35%
Oct
34% Jan
6
39
Helme
28% Mar 30,
Jun
7%
13
13y4
Dec
22% May
13 % Jan
4
15
Apr
4
41%
Dec
57%
40
Jun
1
46% Jan
18
Dec
128%
Feb
122% Feb
15
127% Jan
27
Oct
30%
Apr
120%
25 %
114
Mar
Apr
26% Mar
32% Apr
1
122
113% Jun 14
123% July
5%
5
27%
Jan
14% Jun
14
21% Jan 26
Hewitt-Robins
14
21% Jan
Heyden
Oct
28% May
86% Jun
14% Jun
78
79% Jan
3
9
;'!
Nov
Nov
Dec
14%
7
3%%
84% May
5%
5%
5%
21%
21%
213/4
22
23
*22%
23
23
93
*90%
93
*90%
93
35
35
28
35%
35%
35%
100%
*99%
100%
28%
28%
28%
39
39
*38%
39%
10
13%
13%
500
43%
433A
3,500
39
13%
*13%
No par
43%'.
43%
43%
43%
43%
*125
126%
*125
16
25%
Feb
9%
Y
Dec
21 %
Dec
29% May
16% May
15 %
Feb
STOCK
125%
EXCHANGE
*30%
31'/4
30%
30''/a
*30%
31%
CLOSED
115%
115%
115%
115%
115%
115%
*15%
16%
*15%
16%
*153/4
16%
125%
15"%
DAY
.
83
Y
15 %
15%
15%
83
INDEPENDENCE
16
May
29
10 % Jan
18
Hollander
17 :
22% Jan
21
Holly Sugar Corp
16% Jun
Holland
Furnace
Co
& Sons
(A)
5
-
:
9%
12%
12
93/4
9%
12%
12
13%
*13%
21%
21%
•9
9%
9
17%
xl7
17
25%
*25
25%
42% J
413/4
5
10
*17%
30
*25
-
83
200
190
16
*
16
1,500
30
83
9%
93A
4,200
*11%
12%
800
9%
12
13%
.
.
16
>
to
31%
115
*15%
84
21
Hires
May
24% Jan
8% Jun
Jun
12
900
126%
*30%
"115
16
*83
84
*83
9%
9%
5
Hinde <fc Dauch Paper Co (new)—10
Co (Charles E)
1
1
15
16
20
♦125
126%
stock
1
Hotels Corp
Jun
12% Jan
Jan
30%
15
3
11% Jun
12%
Hilton
9% Jan
8% May 20
Y
43%
closed
5
300
'
14
exchange
100
4C.0
28%
*38%
V—No par
1,300
93
*99%
*13%
preferred ser A
*90%
*35%
13 %
100
1,200
23
28 %
39
No par
,
100%
13 %
Inc
5%
22%
5%
28%
35
100%
28
500
*99 %
35
*99%
53/4
100
7'A
22%
*22%
600
5%
65
7%
22%
'
Jan
5%
21%
53/4
1,300
22%
*63%
7%
*33%
Chemical Corp
193/s
*213/1,
65
*7
25
common
preference
17
7
"20
145
*142
5%.
No par
preferred—
preferred
17%
*5
*63%
'
106 %
19%
■r
5%
10
Motors
conv
7
19%
213/s
100
12
76
22%
25
Hershey Chocolate com
$4
Y
65
*11%
*74
*105%
145
21%
5%
■'
21%
100
common
Hercules Powder
15
Jan
Co common-
non-cum
Hercules
*142
Y
106%
5
preferred
(G W)
19%
19%
22
12
76
*11%
*74
*105%
145
*5
7%
**1%
(H J)
1,300
15
Co
100
3.65%
1
3,~uO
13
?
--2
Glass
common
preferred
3%%
17%
*12%
*63
65
•6%
200
1)3/4
13%
11%
19%
5%
*5
*63
1
Mfg Corp
Hayes
22% Mar 14
20 % Jan
Jun
29 %
7
9% Jan
1
100
Corp of America common
preferred
Hayes Industries Inc
34%
173/4
13
106%
*21%
21%
*33%
17%
76
•(
*142
145
21%
10
*74
*105%
19%
19%
►142
100
Marx
34%
18
13
11%
12
76 *
*33
33%
13
196
105%
Co $4.25 pfd__No par
Refrac com..No par
Schaffner &
,.17%
•74
100
4%%
67% Mar 21
July
A)
33%
17%
13
•11%
No par
Hat
5
Jan
91
Cementing—5
5
preferred
Hart
5% Jan
20
<M
6%
4
Jan
61
Well
preferred
conv
Harbison-Walk
Feb
Jun
27 %
78
2
149
3
Jun
4%
Hanna
13
4% Jan
Jan
Feb
106% Feb
.23% Jan
May 12
20% Jan
Jun
Dec
4
20,
18% Jun
F>
Hamilton Watch Co com
6
Jan
<W
33%
17%
13
Printing Co
27
14% May 19
13
Mar 29
142
34% May
Dec
6%
OH
104% Apr
Jun
150%
x20
Halliburton
11% Jun
Jun
Feb
21%
6%
Water
7
73
146% July
20 % Dec
4%
Hackensack
19% Jan
Jan
89
Mar
59
33% Mar 30
7
12
xl01%
;
4
Sep
16% May
xl4% May
Dec
12%
79
Oct
*32%
23
Jan
16% Jun
31
22%
v
14
14
14
21 %
21%
21%
9%
93/8
*9
17 3/a
17%
.■*17
25
25
25
25%
300
42
413/l
41%
3,ol)0
9
13%
13%
400
:*21%
21 %
1,200
500
9%':
300
17%
'
25
Nov
24%
V
Dec
29 y8
NOV
99
Dec
30
Oct
24% Mar 10
27% Apr
1
42%
Feb
34% Jan
42% July
6
35%
!
Jun
3
29
X24
Dec
Apr 29
100
Jun
1
Apr
30
99
Mar 28
$4.50
$4.25 preferred
29%
nov
•1
Mar
Jan
30"
Feb
11
33% May 20
Jan
28% Jan
6
32% July
94%
Jun
86% Jan
6
95% Mar 14
49
Oct
42% Jun
20
48% May
17
it's July
li%
Oct
38
13
46%
Dec
27
3
12% Mar 30
34%
Dec
'
«
9% Jun
Jun
Feb
3i%
14
Dec
23
Jun
12% Jun
Jan
47
Jun
31% Jun
pfd
7
Houdaille-Hershey
$2.25
<•".
3%%
preferred
1
Rights
Houston
Oil of Texas
Stores
20
46% Jan 20
Howe Sound
-
10%
xl0%
10%
32
32
32%
32%
90
90
44%
44%
%'e
1,V
-
-
10%
31
*89
S
44
1
25
35%
36
35%
36
353/4
1
•14%
15
*14%
15
*14%
5
t c
v
Corp
Co
32%
33
32%
34
333/4
rY
3274
*89.
\l
''
35%
:■
*14%
15
34%
2,100
700
"
900
91%
30
'
Y44
44
;
35%
32
32%
Y. Y'
44
11
Us
"
Y
•
280
:
10'A
32
A
91%
44%
i
10%
32%
700
104%
98%
*98
.
*32%
26 3/4
104 Vs
98%
31,
32%
91%
'
•
10%
*
32
32%
*26
26%
104
*98
98 %
44%
No par
26%
104
*98
91
/'
100
Houston Light & Power
4
25%
104
104
'
98%
♦31%
50
No par
com
104
10%
No par
com
preferred
conv
Household Finance
8
*98
"
25%
25 Vs
104
No par
41%
41%
25
No par
—
Howard
Jan
41%
12.50
A__:
ser
15
28
29% Feb
Jun
2nd
1
37% May 17
14
33
20%
-Mining-—
May
% Jun
11
preferred
conv
Hooker Electrochemical Co. com—5
13
Jan
108
V 96
103
5%
Homestake
Y-
1
2,900
Y/Y--
353,4 "
37 600
5,du0
■
15
34'/8
34%
2,000
6%
6%
1,000
'
3%
Sep
8%
Sep
14% May
34%
Jan
50
8%
i
4% Jun
Dec
8% Jan
" 7
5
Hudson &
Manhattan common—100
-
■
•
6%
6%
•
6%
6%
6 %
6%
:
■
-
Dec
12%
io y8
Dec
•2
22%
Dec
5%
47% Jan
14% Jan
8% Feb
May
28
11% Jan
Hunt
Foods
Hupp
Corp
1% May 23
10% Jun
Jun
2% Jan
14
6
Jan
Hussman
Inc
S per share
<
;
Range Since Jan. 1
Lowest
Highest
NEW YORK
Highest
g per share
per
7
Idaho
24
30% Jan
7
62%
Feb
90
July
73
Jun
13
84
Jan
7
6%
95
Sep
95
Jun
29
96
Jan
4
Leased
24%
Jan
97% May
37% July
20
Jun
13
28% Jan 21
30
25% Jan
4
51 % Jun
28
31% May 14
52% July 1
10% Jan , 7
26% Aug
May
jun
7% Jun
20%
Nov
25 %
Jun
21% Jan
7%
Nov
12%
15%
Jan
38 y8
Dec
56
Jun
58 V2
Nov
76%
Jun
Jun
155
Nov
30
'
Feb
160
34% Mar
47%
15%
Feb
6%
Feb
4
13
Dec
Dec
,1%
Feb
15 *
26
4
7
Jan
3
11
166
Apr
41% Jan
25
8
18% Jan
8
8% Feb
16
x34%
Jun
22% Jun
1
174%
Jun
164% Jan
3
9%
Jun
5% Feb
24
5%
Nov
23%
156
Feb
71
24
93
Dec
3% Mar
99
Dec
14
7% Feb
Jun
17
71
Feb
Jun
20
61
Feb
39%
Nov
45
Jan
38% Jun
14
35
31% July
7
7% Jun 13
Mar
44
Jan
27
57% Jan
13
34
Jan 27
8%
Nov
16%
Jun
8%
Nov
16%
Jun
7% Jun
26% May
35% Jun
18% Feb
24
Jan
3
39% May
24
Jun
14
32
Jan
21
Jun
13
148
Feb
2
14% July
29
NOV
1$7% Jan
4%
Dec
.
145
138
May
10
14
5
17
11% Apr
4
11% Apr 11
14% July
8
21% May 17
29 v Feb
1
2% Jun
13
5% Jan
8
18.
Dec
23 %
Jun
11% Jun
14
18% Jan
24
79%
Dec
92%
Jan
81
Jan
3
86% Jun
7
39%
Feb
48
May
May
44
Jan
24
89%
Oct
33%
Sep
100%
Feb
20%
Feb
99
145
May
99
17
6
40% Jan
6
110% Feb
Oct
Dec
106
May
102
Jan
158
Jun
155
Oct
21
83%
Feb
30%
Nov
39%
July
30 % Jun
101
Jun
35
29% Mar
55
95% Jan
42% Jun
113%
Jun
29% Jun
93% Apr
43% Jun
73
Feb
30
15
May 23
Jun
14
800
83A
14%
*8%
143/4
*89%
14%
*156
;
*89
90
90 %
1 %
*1%
1%
*1%
14
9%
9%
9%
93/4
93/4
152%
No par
common
'6%
6
Y;Y.6Y:Y
6%
26%
27
26
155
24%
*173%
175
174
26
155
.
25%
24%
25
175
5%
155
155
155
24%
25
103
36
Jun
8
30
7.
23
preferred
100
Mining
Corp
Int'l Rys of Cent Amer com—No par
preferred
100
International
Salt
No par
International
Shoe
International Silver
25
common
7% preferred
:
25 '
International Telep & Teleg—No par
Foreign share ctfs
No par
International Utilities Corp
-_5
Interstate Dept Stores—No par
Intertype Corp
$6
preferred
Jacobs
(F L)
1
Co
1%
700
9%
9%
5,300
1553,4
.
25%
243A
175
6
174
'
53/4
26%
26%
3*% %
3%%
3
28
86
14
40 % Mar 16
Jan
5%
Joy
77
4%
4%
1T200
27%
138
STOCK
STOCK
EXCHANGE
EXCHANGE
CLOSED
CLOSED
*95%
97
47%
48'/a
47
47%
46%
*95%
135%
137
1353/4
138
12,400
136%
136%
136%
*96
97
47%
47%
48
97%
*96%
53/4 :
Y;;Y-':Y:
53/4
*59%
60
59%
593/4
60
100
52
*50
53
52%
523A
*50%
523/4
200
42%
42%
42%
42%
42%
42%
42%
1,600
42:.
INDEPENDENCE
DAY
*5%
60
52
'
42
*41
42 %J
42
42%
32%
*31%
32%
"31%
31%
8%
8%
8%
8 3/a
83/g
*31%
8
53/4
*5%
5%
*5%
42%
60
53,4
*4174
42%
*30%
32%
8 3,8
100
8%
500
200
16,700
'
*8 3/a
8%
8%
14 %
14%
20%
20 %
25
25
8%
8%
8%
8 5/a
8%
1,500
*
;
*25 %
•138
.
14%
25%
14 3/a
14%;
20'%
20%
20%.
25 %
*24'/a
253/4
•
14%'
20%
*24%
,-•••
25%
*138
142
•
142
14%'\"143A
•
*20'A
25%:
"*24 34 Y 25
26'A
?6
27
YY.
1,100/
500
Y,"
142
100
/;
27
*138
142
*138
*
20%
;
.2%
3%
12%
*11%
86%
86 %
*86%
88
*85%
88
*85%
54%
*53%
54%
*
'•.
Y
.
88
54
r
12%
pfd—100
400
33A
*11%
No par
_100
No par
com
preferred
100
101
*
103
Y 102
35%
36%
36
105
105
105
54%
102
103
-
363/4
36%
105
*104%
1
common
preferred series A
12%
*30
*30
3134
*102%
103%
*155
170
22%
100
*73%
1
Co
___
*59
2%
preferred
Manufacturing
130
5,600
97
12%
com
Corp
1,600
273/8
2%
4% 2nd preferred series A
100
Joliet & Chicago RR stamped
100
Jones k Laughlin Steel com__No par
Jun
*75
Y
4 VB
3,100
v
273/a
*11%
Johnson & Johnson
31% Jun
77
27
12%
9
7
27%
300
6
26%
-1 2%
104% Apr
33% Jan
26%
14,100
*2%
7
Apr 26
26%
4%
4%
900
25
175
*11%
Jan
160
4%
30
156
1
Jersey Cent Pwr & Lt 4%
Jewel Tea Co Inc
1,900
M 1%
•
No par
Jaeger Machine Co
Johns Ma'nville
8 3/4
14%
•
50c
common
*75
77
4%
26%
;Y
No par
Island Creek Coal
f-;i
4%
No par
'
*75
77%
♦75
1
Paper Co com
15
preferred
No par
5%
10
90 %
9%
173
$4
160
*89%
1%
No par
Machine
1%
100
4%
17
65% July
3,400
60%
156
*8%
8%
14
41%
60
No par
No par
preferred
International
9
50
,
Rubber
Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com
5
8
57
17% Mar
Harvester
*8%
8%
14
89 Vs
40
59%
'
International
Jan
22% Mar
Business
*8%
13%
40
156
160
*156
89
5
100
Iron
Int'l
7%
1
common
7
Jun
Mar
Corp
preferred
Int'l
Mar 26
64
Mar
2,100
53% Jan
Jan
30
2,600
13%
100
Dec
200
34%
Preferred
99
3,100
3,600
.
6%
13%
40
*59%
:
143
8 %
24%
34
4%%
8
52 y2
43
8%
24
*6'A
13%
8
5
6%
34%,
Feb
Jan
24 3/8
*6 3/8
13
of Canada com—No par
41
83/4
24%
333,4
Int'l Nickel
13
Y 8%
6%
123/s
7
5% Jun
*6 3/a.'
34%
102'%
*155
313/4
313/4
3%/Y
54%
55
.101%
102'A
37
37%
Y106
106%,'
313A
*31
-
;
5,100
■■
—
20
55
7U0
•
101 %
170
37%
106
6,600
400
'
32%
102'%,
*102%
103 %
*102%
*155
170
*155
100
103%
170
170
22%
22%
22%
223%
74
73 %
73'/a
73%
73 %
34%
34
34%
33%
22%
34'A
22%
73 %
'
4-
20
'
22%
34'A
Y
13.500
73%
33%
Y
330
YY
3.4U0
...
K
11%
98%
23%
21
May*
Nov
X89
Dec
98
Dec
8% Jun
30
12% Jan
8
May
94% Jan
12
99»/4 Feb
9
Dec
100% Feb
11
Feb
48%
Oct
48% Mar
60%
Jun
13%
18
Dec
x34% Feb
May
20%
Feb
26% July
15%
Dec
22 %
For
Kalamazoo Stove & Furniture
Kansas
101%
footnotes
July
see
page
52
Jan
24
3
103% Jun 13
433/4 Apr 12
57
Jun
23
3.80%
4%
4%
preferred
cum
Kansas
10
100
preferred
103
City Southern com__No par
preferred
100
non-cum
10% Jun
17% Jun
1
14% Jan
7
Kayser
23
21% Jan
8
Kelsey Hayes Wheel
13
17% Jan
7
Class
*8%
'
*8 3/4
9%
99 %
9%
*8%
9%*
4
*874
9%
/
City Power & Lt Co—
Xl3% Jun
24.
,
4 Op
34%,
10
May
24%
Y
12%
Insuranshares Ctfs Inc
24
65
107%
8
24%
8
8
24
Y
33%
4% Jan
5
52
—
12%
31% Jan
13
51% ;
*51%
—
33%
81% Mar 11
Jan
51%
52%
—
160
14
94
3,600
12%
17
41% Jun
July
29 3/a
33%
26
7
550
29
200
*156
3% Feb
135% July
213/4
20
25% Jun
Oct
213/4
*—100
29
Jan
22
No par
Interchemlcal
15
7% Jan
22
52%
5,200
preferred
6%
7
175'/a Jun
98
Inland Steel Co
166% May 19
28% Jan
7
.
*94
52%
39%
1
-
73 % Jan
Jun
139% July
64% Jun
Feb
Jun
5
98
28%
6%
14
5 % May
34%
42% Mar
5%
Xl45% Jan
38 %■ Jun
24% Mar
135
Jan
86
Dec
*94
60
Interlake
Feb
98
x283/a
3,200
2434"
40
13% Jan
Oct
78
29
323,4
243/a
59%
Intercontinental
Dec
32'/a
39%
15% Jan 26
26 y2
*76
-
61
93% Apr 20
2% Jan
8
29
77
39%
3
9% Jun
25
76
28%
8
for1
Shares
24%
29
6%
Sales
the Week
Y
32%
21%
23%
'
>
*60
11
8
r
33%
Y
:•••.
f per share
,
21%
par
Friday
-
-No par
30
Jun
Y
v
July 8
52%
5
-
Jan
1
Thursday
21
-
S A—
Mex,
Industrial Rayon
Ingersoll-Rand common
12% Apr
3% May
16% May
De
-
-
29
50
Inspiration Consol Copper
8
800
200
"
77
No par
Indianapolis Power & Light—No
86% Jan
Jan
400
1%
11%
33%
common
67
14
10 'UV
13A
11%
■
25%
21
41% Jan
Jan
93/4
-
1%
24 3/8
24%
1000
7
May 31
d0
.
fa, 200
11%
32%
32%
24%
A
4
11% Jun
32%
,Y
*94
10
Jun
•;
2,900
11
11%':
t per share
98
Electrics
9%
1%
113/a
g per share
;
*94
8% Jan
Industria
I per share
100
4.70%. preferred
;
Illinois Terminal RR Co
Mar 30
9 3A
38% •38%
July 7
*74
series
Illinois Power Co
*93/4
July 6
77
4%
stock ctfs
11%"
■■■»'
1%
Wednesday
*72
3
125%
160
vY
ifi
33% Mar
23 y2 May
103
Dec
11%
I per thare
pfd ser A__ 100
55
21% May
8% May
86
Jun
RR
lines
*.)
Y
38%
11%
11%
10
1%
July 5
'•X-
Co
non-cum conv
■Y:
9
383/8
.
*11% "11%
Tuesday
-i,
July 4
common_100
Illinois Central RR Co
<
I per share
Monday
20
Jan
22% Feb
150
Saturday
July 2
Y:1
31% Jun
42% July
Feb
No par
•
*9%
9%
9%
1%
Par
Power
11%
11%
share
35% Jun
35
9
38%
LOW AND HIGH SALE PRICES
Apr
7 Y
38%
11%
1%
STOCK
27% Mar
,""i%
11
*11%
EXCHANGE
'
30 y8
38%
1
Refrigerator Co
9%
9
9%
"
6.66%
:
<
38%
STOCKS
Year 1948
8 per share
*9
100
26
7
•
Range for Previous
Lowest
preferred
non-cum
Feb
9
Apr
5
14%
11 % Mar
29
Hudson Bay Min & Sm Ltd—No par
Hudson Motor Car
12.50
33% Jun
Jun
19
12% Sep
8% Jun
Nov
(Julius)
B
;
& Co
conv
*98
►102%
*98
*
103
38
38
*54
55
•
99%
*98
99%
102%
99%
102%
"io
38%
38%
38%
38'/a
38%
2,400
*54%
54%
54%
543A
54%
55
102 %
38
103
102%
5
11%
11%
11%
*ll3/4
class A_1
•18%
19
*18 3/8
18%
18%
18%
1
*14%
15
*14%
15
15
15
11%
*98
12
*102'A
113A
*18
15%
11?A
19
15%
POO
eoo
200
1,200
■
Volume 170
Number 4819
THE
COMMERCIAL
1
YORK
NEW
Range for Previous
-
Year 1948
Lowest
NEW
Range Since Jan. 1 '
Highest
$ per share
$ per share
Par
Feb
60%
Oct
40
Jun
6
56% Jan
12
Nov
51
Apr
39
Jun
20
46% Jan
7
Kern
12%
Dec
16%
Oct
11% Feb 25
13% Jan
7
Keystone Steel & Wire Co
19
Feb
24
17% Jun
15
22% Jan
11
92
Oct
90
Jun
14
100
11%
Feb
10% Jun
14
14
104% July
14% Jun
Mar
Kennecott Copper
4%
No par
12 y8
Co
$5 prior preferred
Koppers Co Inc common
75
Jan
29%
Dec
37%
Oct
89
Nov
95% July
x90% Jun
9
32
Feb
39%
Jun
X35% Feb
16
39% May 19
preferred
Kresge (S S) Co
45%
Feb
58 %
July
48% Feb
14
58% July
6
Kress
3
52% July
8
4%
Feb
4%
49
Dec
17
Dec
42
43
6% May
12
4% Jan
Apr
24
Jan
3% Jun
Oct
Mar
98
5
Mar
17% Jan
7
14
43
47
Jan
4
7
26
May
26% May
37
Dec
16% Jun
29
22% Jan
Dec
99
90% Jan
20
98
43
4
Lee
Mar 2!
12
1,100
18%
19j
19
19
18%
19
2,200
67
28%
28%
*91%
92%
100
39%
39%
39%
39 Va
39 Va
57%
58 %
X57%
57%
58
58
3,000
1,500
50%
51J/2
51%
52
52 %
53%
2,800
6%
6%
6%
6%
8,500
4Ya
4
4
92%
39%
39%
•139%
par
57%
58
50%
50%
6%
6%
6%
*4
*4
4%
.
No par
*20Va
20 %
20J/a
21'/a
*21
*10'/a
10%
*10%
10%
*103/a
10%
50
*44 Va
45%
1
21%
21 %
63/a
Tire
*38%
5
44%
Feb
13% May
30% Mar
3
11% Jan
33% Jun
13
40% Jan
3% Jun
Dec
39
4% Mar
6% Jun
13
8% Jun
Lehigh Coal & Navigation Co
Lehigh
Portland
Cement
24
5% Jan
7
;3% Jun
27
=
50
'
25
Lehigh Valley RR
10
......
.
10
:
,
* '}•'-V '
'X.-;*'XX
' •'
)
.
*36
22
213A
*38%
39
*38%
17%
17%
7%
36%
36'%
3%
37/a
<"
4
4
.
1%
4% July
Jan
19% Mar
26% July
5%
Jan
10% May
41%
Feb
56
May
8%
Dec
12
16%
Feb
26%
43%
May
Jun
Dec
56%
Jun
Nov
10%
31 % Mar
38%
8
1% Jun
Mar
Oct
33
Nov
47
Nov
50c
47% Jan
22
Lehman
x41% Jun
8% Feb
15
21
x24% Mar 30
Apr
6% Jun
34% Jun
14
72% Apr
13
13%
37% Apr
88% Jan
(The)
Stores
22
1%--
14
55% Mar
15%
Dec
68%
Feb
14
33
Jun
15
41
Apr
8
Jun
x6% Jun
13
10% Jan
7
Lima-Hamilton
52% Jun
17
66 % Jan
10
Link
Belt'
Jun
14
23
May
9
Lion
Oil
17
Jan
-7
78
Jan
27
23%
Jan
13% Jun
14
14
preferred
No par
Corp
85
Jun
65% Jun
Jan
24%
Jun
16% Feb
5
22 % Apr
14% Jan
3
18% May 13
Lockheed Aircraft Corp_;
Loew's Inc
Feb
30% July
21%
8
67% Jan
2T
Lone
Star
Cement
6
23
20
Long
Bell
Lumber
3
23% May 16
Corp
<Md)
'
18
Feb
138
Nov
158
23
Nov
25
Nov
37
Dec
50
May
20
Jun
15% Jun
x60
Feb
Sep
Jun
19% Jan
153
Jan
23"% Jan
160
28
4
Jan
Jun
Lorillard
28
(P) Co
preferred
7%
28% May
5
Louisville
41% Jan
31% May 31
11?
Lousville
24
Lowenstein
Jan
14
24
Dec
35% May
98 % July
20"% Jun
91
95
Jan
14
98% May
4
Nov
24%
15
Jun
13
21% Mar 30
Lukens
Jan
(M)
pfd
*
'
5'/7/i■
v
.-Xs
v
;u.7
•
-
36
i
38
'•
V
H
.
.7
.
"
.
> "X V
XrX!
23 3A
23 3A
1,700
49 3A
49 3A
1,700
2,500
83%
>35%
*35%
7y."
I;
8%;
.•
:
8
8%
56
56
56l.
20%
.56%
-
..
20%
20%
13%
13 Ya.
•137/a
137/a
67%
*63 i;
67%
*63'A,
67 Va
yy
62
7;7v.;X-X;'"/'.;- '
*f\ 7'.*1. 'X;.'-..
.,
v....
22
j
*159
•
*
27%
'
v.
X7
27%.
32
23'/4
V
10
32
27%
j.
23 V*
97
163/4
_'—
67%
62%
2,100
'
■' k,
;
.
6,400
500
I
*17%
18
700
217/a
22
2,000
,
50
159
27 %
23%
160
*27
159
23%
'
173A<
*'.'62%
17%
32%
16%
!
v
,17%
32
23'/a
97 '<
16%
16 Va
1,400
17%
*27
32 V*:
3,200
137/a
17%
22
159
1,400
56
203A
*63%
..
62%
62%
;
16 Ya
97
*96%
100
'
!
•21 %
160.
*27
32%
22 Ya
7
.
4,200
13 Va
173A-
17%.
167/a
•
17%
,17%
:
22V*
163/4
159
18
17%
64
*62
22'/4
22%
159
;•X.* y-'Sn A'-.:
17 Va
'I
16%
*16%
<
■
.
.177/a
17%
61%
j
,
18 Ya
r.
1
56
20%
13%'
18
.'*..7
,
8%
20%
56%;
20%
17%
:•/
38
8
8
8
*63%
\'i''.'X ■
j
100
1753A
175%
38
175
38
4,700
83
82'A
,
175
600
36%
36%
36%
82 Va
7
6 7/8
7
67/a
20%
:;'r-
300
'
8
•••
; '1;
A''n'X
X
7
97/a
49 3A
*13'/a
7'7;
*95/a
23 3A
*353/4
r
176 : '
*35%.
2,600
49%
83%
174%
175%
*35%
& Sons Inc com—1
.(
83
.
(Ky) No par
A
83'/a
;
7
36
300
5
45%
97/a
56.
10
Co
6%
67/a
200
17
45%
23%
49%
35 Ya
1,500
9%
23%
49%
*174'/a
-•
'>■
100
series
23 Va
+
82%
A__No par
50
•
49%
6%
V'f>;'
,vli
77*r x'.
1
common
Gas & Elec Co
Steel
'•:
''f;({7?'
100
No par
23%
.
5
46
45
49
/ '■
No par
Nashville
4%%
17
•
y.VV\
Si
:
Dec
Nov
/K'1 *'
.i
-
No par
No par
9%
35'/a
No par
new__
Dec
57%
•//. >;•'
5
Co
Co
9%
17,
5%
■
•
13A
13A
1%
16 Ya
*5
i
45'%
10
*
100
No par
13%
xl8
25
com
44 Ya
*9%
5
Liquid Carbonic Corp com
3%%
conv
preferred
51
V:;.'
5%
*5r
44%
1%
167/a
/'
1%,
167/a
*16%
400
.
4
*3%
4
*3%
23%
DAY
X
;
•
5%
44%
'
••
• ■ :■
INDEPENDENCE
: *■
„■
1%
•
■:
v
*4%
7
_
14%
20% May
.68% Jun
"
No par
Lily Tulip Cup Corp
70% May
'
,
170
May
X">.
17
*16%
CLOSED
4
*3 Va
1%.
1%
EXCHANGE
M
CLOSED
5
Corp
19
8%
1
'
STOCK
EXCHANGE
No par
Libbey Owens Ford Glass
Libby
McNeill
&
Libby
Life Savers
Corp—
Liggett & Myers Tobacco
1
176% Jun
Corp
pfd
'
•'
.7
STOCK
1
com
V
'•
.
preferred—No par
2nd
non-cum
Lerner
53% Apr 18
8% Mar 30
14
Jan
1st
non-cum
issued
Lehn & Fink Products
11% May 16
20% Feb 25
when
com
Valley Coal
$3
12
4
174% Mar
Lehigh
12
8% Jan
44% Jan
'91
8
24% Jan
Jun
Jan
82
157
Jan
3
3
13
4% Jun 15
15
,
Additional
600
3Ya
37/a
37/a
37/a
'
3% Jun 27
.
1,600
37
367/a
37
37
'
7%
7%
7'A
700
173/a
96
*94%
96
7%
39
17
17%
17%
*94%
9b
7'/a
36%
*3%
•" '*
..
400
45%
*21%
39
7%
*3%
••••'•.>
•'
•
40
22'A
*44%
21 3/4
*94
96
7'/a
.
•*
44'A
44'/4
21%
17
*94
•
10%
44%
*38 Va
39
16%
3
100
*103/a
•
10
1,100
21%
■
•
& Sons Co com
300
4
4
21
21%
No par
cumulative preferred
3,800
29
92%
29 %
92%
4
66%
100
12%
66%
28%
28%
Co
60
*11%
*65
92%
29%
pfd—75 Pesos Mex
300
93
11%
11%
>
*65
91%
Co
&
ll7/s
67-
93
95%
*93
93
93
*11
*65
91 %
(The)
(James)
3.85%
12
12
*65
No
Light
Co
Rubber
Lees
6
12 Va
29
Bryant common
4%% preferred
May 24
12
—No par
6%
Lane-Wells
21%
Jan
Gas
46
May 18
26% Jan 19
14
12
93
10
& Co
Consolid
Lambert
39%
100
.
Lane
90
Jun
(S H)
Laclede
La
21
Jan
45%
39%
10
4%
22% May 6
11% Jan 26
7
19% Jun
Jan
May 17
6
4
9% Jun
53% May
29% May
25% Aug
May
31% Jan
10
14% May
9% Mar
35
Oct
Mar 18
45%
*11
No par
Kroger Co (The)
40% Nov
62
25% Jun 20
45%
39%
*39%
*91%
1
common
12,500
45%
39%
18%
<G R)
Shares
45%
12
12%
18 %
the Week
July 8
$ per share
share
39 %
45
45%
39%
Corp com
No par
2nd Dreferred—
100
conv
Kinney
Apr 26
67
44%
39 %
Co
Bales tor
Friday
July 7
S per
$ per share
share
5
Land
Kimberly-Clark
5
May
$ per
Thursday
July 6
July 5
9 per share
Sper share
Wednesday
Tuesday
_No par
County
19
SALE PRICKS
LOW AND HIGH
July 2
40 %
63
Monday
July 4
(119)
RECORD
Batnrday
STOCK
YORK
42 %
May
STOCK
EXCHANGE
$ per share
<
CHRONICLE
STOCKS
.
Lowest
Highest
9 per share
;
*
FINANCIAL
&
,21V*
100
32%
3,900
23%
1,500
317/a
23%
*96'A
97
*96'A
17
*16%
20
97
16%
163A
500
-
Year 1948
Lowest
*
>
9 per share
V
Range
Lowest >
Highest
9 per share
NEW
Since Jan. 1
Highest
9 per share
YORK
x35%
129
Dec
Oct
13%
27%
Nov
lxl6%
Jun
39% May
103% Jun
Dec
10
Feb
142
Dec
94%
Jan
40
30% Mar
15%
Apr
24% May
Feb
6
31% Apr
30
131
EXCHANGE
July %
6%
5%
36% Jan
26
10
9 % Jun
10% Jun
100% Apr
6
13
14
23
Jun
■
24
Jun
13
13%
Jun
Jan
Feb
14%
6% Feb
7
Jun
6% Feb
17% Jun
13
May
6% Jan
13
22%
8
Feb
Dec
92%
Dec
9%
10
8
20
Jan
Jan
19% Jan
500
Jan
7% July
Magma
:
Manati
Mar
Mandel
10% Apr 29
A July
8
21% Jan
Rights
10
16% Mar 18
17% Jan
19% Apr 29
95% Jan
5
Jan
14
22%
Apr
19%
7% Jun
14
24
12
Apr
20
300
4,300
.
(V
17%
6%
Ry
5
&
pfd
prior
Co
L)
'
y
K
■ •
7'/a
!'
*17
100
27%
Feb
45
Feb
2
Mathieson
7%
Chemical
Corp
common
Stores
84
-•
'
•
jV
h
:
•
93
Jun
89
Jan
4
94% Mar 22
$3.75 preferred
Jun
89
Jan
11
93% Mar 20
$3.75 cum pfd 1947 series—No par
77% Aug
8% Dec
85
33
Dec
43%
;110
Apr
21
X'; '
Feb
88
Jan
29
Nov
41%
Jan
Jun
42%
Jan
No par
7
Maytag
$3
No par
$6
No par
DAY
; 19% Mar 22:
112
25
Jan
30% Mar 23
33% Feb
90
97% Mar
Jan
29% Jun
4
14
10?
McCall
17
McCrory
McGraw
36% Mar 30
Electric
McGraw-Hill
31
Feb
24
41
Dec
52% May
41% Jan
3
55% May 14
Mclntyre
29%
Dec
30% Jan
4
34% Mar 10
McKesson &
87,
Jan
35% May
98% Jun
92% May
3
97
18%
15%
15
Feb
24%
Jun
Dec
24%
Jan
19% Feb
xl3
Jun
Dec
17% Jan
82
34
Jan
Jan
Dec
25
Dec
19% May
7% Jun
14
13% Jan
47
Dec
62% May
34% Jun
30
49
Jan
12%
Jan
18%
12% Jun
14
15
May 19
Jun
50% May
Nov
3
7% Mar 21
>
12
11%
20% Jan
Mead
15
13
22"% Apr 28
8% Jan
22
12
11%
12%
1,000
41%
42
41
41%
41%
43
4,300
*11%
12
11%
11%
11%
11%
35
35
34%
Co
Merch
20
17%
5
7'
$3.50
6
$4
18% Jun
14
23% Jan
Jun
20
38% Jan
26
97% Jan
106% Jan
3
102
3
110% Feb
44%
Nov
Nov
-
20
30% Jun
104% May
106% Dec
Dec
92
Jan
Mar 14
♦
24
2nd
19% May
8% Jun
14
14% Jan
8
Miami
38%
Feb
69% May
37% Jun
14
47% Jan
128
140
Dec
11
Nov
16
Jun
j
May
•
9% Mar
14
7
16
July
8
Middle
14
23
May
4
Midland
125
July
78
Oct
10% Mar
105 %
Jun
18% July
footnote#
see
page
7%
IV*
31
31
*110
111 Va
•:
IV*
31
111%
10
120
93
92%
93
34
93
*82%
*82%
84
7%
700
*31
34%
100
110%
*110
111%
23
7%
7%
7%
34%
*31
110%
10
600
23 -
22%
22%
22%
31%
32%
•32%
32%
32%
94
*93
94
93
94
93%
94
110
*34%
35
35
35
35
35%
35
35
1,300
31
31
31%
21%
22%
31%
21%
32
*30%
*30%
30%
30%
*30%
53%
1,100
200
54
1,000
33%
1,500
54%
54
54%
53%
53%
34
33%
34
33%
34
33%
97
*95 '/a
97
20%
X20%
20%
600
13%
'900
14
97
95
95
*95%
20%
20%
21
20%
100
14%
13%
13%
13%
*13%
73%
73%
*73%"
73%
72%
73 %
73 %
*30%
33%
*31%
33%
31%
31%
*31%
22%
22%
22%
1,300
*8%
8%
2,700
1
'■
Prod
22%
7%
7%
7%
8%
37
*36'/a
37%
*36%
*14%
14%
*14%
8%
8%
32'/a
31%
32%
*94
*106%
19
8
8
31%
'
32%
■'QA
97
100%
*108'/a
9%
97
*94
4,500
100
94
30
108%
*107%
108%
19%
19%
18%
18%
300
19
18 %
*31
32
32
400
*31%
100
100
,
370
100%
100%
*
109
100%
1007/a
100%
108 %
109
108%
108%
*108%
10%
10%
10%
10%
2,600
41%
41
41%
1,800
9%
9%
10%
41
41%
40%
41%
15 %
15%
15%
15%
15%
19%
19%
20
20
128
126
100
94
97
600
32
*18%
40%
preferred
31%
32
500
9
32 V4
*
*19%
*127
*8
*107%
107%s 107%
107%
39
10
,
new
100
14%
8%
14%
14%
5
com
100
37%
14'%
*35%
37
Inc__.Nopar
Petroleum
Utilities
300
73%
33
22%
*7%
5
pfd_100
10O
5
-
7%
50c
,
14
22%
*14%
—No par
&
14
7%
No par
No par
Scott—No par
13%
14
22%
33%
5b
common
13%
14
22%
{■:
3%
Inc
13%
13%
*127.
128%
109
20
16
32,100
20
20
1,400
125
126
15%
15%
20
126%
190
11%
11%
11%
700
12% Jan
25
Minneap & St Louis Ry
No par
11 Va
11%
11%
11%
12
Minn
No par
7%
7%
7%
7%
7%
7%
*7%
7%
1,100
12
50%
*50 %
51%
200
87
Mar
10
7
Jan
52
May 5
94% May 10
10
77
Mar 11
106
May 12
15
Jan
4
10% Jun
13
14% Jan
15
80
104
16% Jun
*or
84
84
15
67% Jun
98%
93
*82%
23
43% Feb
,98
1st
*92'A
20
1,100
7% Jun
66% Jun
Nov
Nov
8%
3
Steel
*92%
92 3A
40%
93%
Feb
11
May
May
42%
54% Mar
139% Mar
South
92%
40%
*92
*11%
July
56% Apr
87
8
Co
Co
Mid-Continent
6
18% Jun
93%
*13%
common
Copper
14% Jun
41%
*92%
No par
Metropolitan Edison 3.90%
4.35%
preferred series
Feb
*40%
93
34
preferred
Machine
13
173%
41
400
4,900
10
Co
Transp Co
Merritt-Chapman
Mesta
i
175
35
175
1
preferred
conv
41
41%
*173
20 %
preferred
Merck & Co Inc
32% July
96% Jun
107% Jun
Apr 28
90
Jun
27%
Feb
35%
101%
Jun
(The)
Stores
Min
&
3
27
95%
Nov
Mfg
1st
conv
*173'A
175
34%
35
173%
54
pfd (1st series)
____100
4% 2nd pfd (2nd series^50
Melville Shoe Corp
1
Mercantile
35
*93%
Co
Corp common
5%
k
*11%
*11%
12%
5
■'.4%%
105% May 25
85%
Norris
Mengel
8
11%
113A
41%
11 %
No par
McQuay
13
2,700
8%
18
Mines
preferred
17% Mar 11
20 %
8%
Jun
$4
19
110
8%
x
8%
8%
8%
31%
1
Robbins Inc com
16
13
,46% May
Jan
83/a
*93
Publishing.—No par
Porcupine
McLellan-Stores
70% May 25
28% Jun 13
Jun
Apr 21
22% Mar 30
96%
Jun
34
11
23% May
Dec
80% Mar
31%
24
2,200
98%
22%
*110
100
Co
22%
98
17%
98
*7%
1
Stores Corp com
preferred
conv
22%
22%
98
*30
No par
Corp
3%%
9
630
97
*82%
INDEPENDENCE
Mar 31
Co common
preferred
1st cum preference
5
5,000
22%
92%
No par
11
Jan
7%
17%
967/a
*92
CLOSED
pfd
9% Jan
35% Jan
23% Mar
May
CLOSED
STOCK
EXCHANGE
27
110'
36% May
STOCK
EXCHANGE
23
cum
900
7%
17%
22%
40 Ya
May 25
83% May 25
17%
7%
17%
18%
22%
*173'A
•
Feb
30
Jan
101%
$3.40
'•
7% Jun
80
Jan
112
Dec
25
Jan
12% May
No par
~
7%
97
8%
1
5
93
>..!■
Feb
*18
*17
35
-
84 % Mar
7'A
77/a
*
No par
100
preferred
Dept
18%
17%
41%
>
1
Co
*17
*11'A
k-
No par
Corp
Electric
7 %
7%
17%
22
100
1
Co
18
18
97
No par
com
preferred
(Glenn
■■
No par
May
8
8
8,400
6.25
Corp
Masonite
30
200
7%
Master
Jun
1,300
7%
Martin-Parry Corp
May 17
8,900
7%
7
42
7%
7%
7
175
*7%
7%
430
7%
13% Jan
1
8
7%
7%
*7%
7%
19% Jan
15
*395
430
*395
7%
1,600
7%
57% Jan1
Feb
7%
7%
7%
7%
100
700
'
7%
13
Jun
7%
13
17%
13
38
7%
430
13
7%
11
170
12%
1,100
9%
*16%
10% Feb
Jan
12%
12%
*9%
16%
11% Jun
Apr
9%
16%
39% Jun
47%
9%
16%
Jan
176
9%
3,700
16%
69% July
Nov
99%
*99
99%
11%
29%
99%
*7%
27% May
35% Mar
29%
*99
:n~o
7%
Feb
Xl65
11
11%
,29%
*395
500
-
16%
Dec
42
11'/a
29%
7%
8
10%
32%
134
7%
18
34% Mar 23
11%
29%
11%
11%
430
*132
133%
99%
9%
*32%
34
*32'%
133%
*9%
100
10%
'
34
134
11%
'•
>
10%
*16%
47%
Oct
>
10%
'
4%%
7
Shares
1
Corp
St
Martin
the Week
share
5
——
Midland
Marshall Field
12
7%
1
Exploration
Market
7
103% Feb
Jun
7%
*395
No par
Marine
May 14
11%
1
Co
Oil
Marathon
8
9%
50
Shirt
Maracaibo
*99
,
10%
29
11%
Bros
Manhattan
7
*131
28%
RR Co
Sugar
*32%
34
134
11%
10
Co
Coal
8
*32 %
*131
No par
9 per
8 per share
ft
10%
10%
28%
(The)
Magnavox
Mahoning
8% Jan 12.
18
Garden
9 per share
July 8
July 7
I
Baleft for
Friday
Thursday
<
.<■
5
Copper
3
.
No par
*._100
:
Square
*
10%'
100
...
Inc
12
17% Sep
Dec
Madison
22
10
Trucks
>
9 per share
>'
10
com
(R H) Co Inc com
4%% pfd series A
6
29% May
103 %
Nov
11%
14
25% May
Dec
15
24
Mar 25
15% Jun
a72 July
-
July 5
S
Macy
5
26
Forbes
&
Wednesday
SJuly 6 ; i
Tuesday
9 per share
*
Working Co
preferred
Mack
6
430
Dec
6%
Apr
15% Jan
Dec
Sep
MacAndrews
33% Jan'
Apr
10%
3
14
21
Nov
M & M Wood
10
95% Jan
138
9
Jan
525
18% Mar
6%
14% Mar
9% Jun
Feb
Dec
.7
15%
<
,
I per share
Par
$ per share
27% Jun* 22
Dec
9%
490
J:
Monday,
July 4
Baturday
M
9% Jun
i
STOCK
'
:%
>■
LOW AND HIGH BALK PRICES
8TOCK8
Range for Previous
24.
16
Feb
19% July
25
6
St
P
&
SS
Minn-Honeywell
,
3.20%
Minn
$4
conv
Min
-
Marie
Regul
com
pfd series
A
3
100
&
Mfg common—No par
preferred
No par
Minneapolis-Moline Co common
$5.50 1st preferred
$1.50 2nd ccnv preferred
*50
89%
73
73
*104%
105
,
51%
88%
88%
*88%
73
51%
89%
50%
73%
*50
f
*104'/a
105
73
*104%
90
90
92
150
73
72%
72%
1,100
105
104%
104%
100
2,500
12
12%
12 %
12%
12
12%
12
12%
1
70%
70%
70%
70%
70%
71%
180
*69
72
100
19%
19%
19%
19%
19%
*18%
19%
200
25
*19
'
(120)
20
YORK
NEW
Kmmt* (or Previous
Range Since Jan. 1
Year 194*
Lowest
Highest
Lowest
I per share
42%
73%
38% Jun
Jun
NEW
Feb
EXCHANGE
Highest
*
54% Jan
14
Mission
6
13
9% May
5
6
7
Mo-Kan-Texas
13 %
Feb
34
15% Jun
July
Dec
44
Jan
14
Feb
15%
22%
Dec
45%
not
25
Jun
25% Mar 30
35
Jan
1%
8
Mojud
21% Jan
4
24% May 16
61% May
99% Dec
13
29% July
45% Jan
4
Monsanto
May
101% Jun
14
55% Mar 30
111% Mar 29
Apr
103% Jun
16
111% Jan
122
105% Mar
112%
Monarch
Dec
10%
10
Oct
Montgomery Ward & Co
13% Apr
Moore-McCormack
13
10
17% May
10% Jan
3
16% Jun
29
Not
20
27
Jan
11%
Jan
21%
Dec
Jan
23
6
Morrell
7
Jan
Lines
20% Jan 20
Motorola
25% Jan
Motor
15% Jun
14
Wheel
Dec
10% Mar 30
Motor
15%
Dec
24
Jun
11% Jun
1
17% Jan
8
Mueller
13%
Not
16%
Oct
x9% Jun
13
14% Jan
7
10
Dec
14%
33%
Feb
45
107%
Jan
Jun
112
11
109
27
13% Jan
14
6
3%
1,500
17%
18%
17%
26%
*25%
26%
*25%
26%
*25%
*9%
9%
9%
9%
*9%
9%
*9%
*21%
50%
22%
22
50%
23
*22
1,800
26%
9%
18
17%
51%
51%
108
108
107%
107%
107%
5
11%
11%
U%
50%
51%
51
10%
10%
11
18
22
18
6,600
22
200
22
50%
51%
300
*104%
110
109%
*107%
109%
11%
11%
11%
11%
50%
51%
50%
51
10,400
11
10%
10%
U
11
800
3,800
200
;
8oo
16%
16%
15%
15%
15%
15%
15%
15%
16
600
18%
18%
18%
18%
18%
18%
18%
18%
600
16%
*16 %
16%
*16%
16%
*16'/a
16%
12%
12%
12%
12%
*12%
17%
*17
B
16%
Co
1
*12%
1
9%
Murphy Co. (O C) common
4%% preferred
Murray Corp of America com
4% preferred
1
Brass
Sep
17
Jan
10
Dec
43
Jun
30% Mar 22
36
May 24
50
Dec
65%
Jan
41
51
Jan
8
21%
Jun
10% Jun
14
15% Jan
7
Nash-KelTinator
9%
10%
10
43%
*43
110
110
112
*110
10
*10
10 %
43%
43%
100
97/a
9%
*16%
100
13
*9%
300
10
2,700
10 %
100
*42%
43
600
*110%
112
43%
112
121/4
600
;i7%
10
10
10
42%
*110%
12%
12
16%
10
12
12
60
35%
35%
*35%
37
*35%
37
*35%
No par
Myers (F E) <fc Bros
14% Mar
13
*10
5
xl6%
*104
*107%
51%
*104
51%
110
*15%
No par
Corp
Corp.
12%
1
*3%
17%
*11%
Inc
34
July
3%
Mfg Corp
Munsingwear Inc
7
Jun
112% Mar 17
May 17
Jun
Jan
44
9% May 31
38% F*b 17
Oct
May
3%
*105%
Mulllns
19
1,900
3%
No par
Products
7
8%
*3%
*103%
Co
&
6
6
14
8%
3%
43
8
(John)
Jun
16% Jun
29% May
23
May
8%
8%
No par
0
59% Mar 29
47% Jun
41%
8%
No par
Co
Shares
41%
8%
No par
12% May 16
the Week
8%
50%
series A
4
May
41%
42
July 8
41%
5
com
gales for
S per share
,
41%
•26
No par
Co
Jan
65
20%
Tool
Chemical
Friday
July 7
$ per share
8%
1.25
$1 conv pfd series B
Montana-Dakota Utilities
47% Mar
Dec
Machine
share
3%
100
20
A
Inc
Co
$3.25 conv pfd
13
'
9%
Hosiery
Jun
9
Jun
$ per
No par
com
preferred series
Carpet Mills
July 4
40%
Mohawk
20
11% Jan
6
RR
Thursday
July 6
f per share
July 5
10
5
Mission Development Co
13
Jan
AND HIGH balc prices
Wednesday
Tuesday
f per share
I perthare
Par
Corp
3% Jun
9% July
X33 %
9
Monday
LOW
7% Jun
4
RECORD
Saturday
July 2
STOCK
YORK
t per thare
f per share
8 per share
Feb
STOCK
fiTAriTfl
*40%
42%
*41
42%
*41
42%
*41
12%
12%
50
12%
1,900
37
100
42%
N
20
Feb
82%
Sep
22
Jun
13
28
18
Dec
29
Jan
17% Jun
14
4%
8%
9%
29
10% May
13% July
Jan
3
9% Jun
13
17% Mar
10% Jun
13
13% Apr
45
28
Jun
14
37
Jan
30% Jan
3
35
May 18
Sep
Feb
Not
Mar
5
July
28%
Feb
82%
Oct
162%
Oct
176%
Jun
5%
Not
Dec
48
Jun
30% Jun
6
Feb
0% May
13% Jan
5% Jun
13
9%
0% May
Dec
Jan
35
3
7% Mar 11
9% Jan
1
DAY
National
7%
Biscuit
Co
preferred
National
Can
National
Cash
Corp
National
Cylinder Gas Co
6
National
Dairy
21
May
13% Feb
14
X16% July
1
National
Department Stores
17% Jun
13
14%
Deo
7% Jun
xll% Jun
19% Mar 30
14% Feb 25
14
Jan
88
Oct
177
Jun
Not
169% Jan
147%
Dec
Apr
7% Feb
135
5%
15%
Feb
24% Jun
14
Dec
Nat
National
33% Jan 21
148% Mar
9
5% Mar 10
Jun
6% Jan
6
19% Jan 21
13
Jan
x% Jun
15
May
19% Jan
21
22
11 Jan
4
Jan
10
7
Co
7%
73% Jun
13
91% Jan
21% Feb
28
23% Mar 28
11
x80% Jun
15
19 % May 16
86
Jan 24
29
National
80% Not
21
94
Jan
\
Not
80% May
21% Jan
4
10%
Dec
13
Not
15% May
.12% Jan
9% Jun
0%
9% Jun
20
9
Not
19% Jan
*27% Mar
87
Feb
12% Jun
xl01%Jan
May
29
„
98% Jan j
Nelsner
103
3
Jan
2
100
May
2
8
Not
00% Mar
88
12%
8 % Jan
Jan
Jun
14
59% Jan
8
25
13% Jan
10
42
Not
90%
Feb
84% Oct
23% Jun
14
43% Jun
18% July
24% Jun
14
Not
i
Deo
39
Feb
121
Feb
11% Mar
20
92
.
;
Jun
July
July
144
23%
65
9% Jun
56
10
Jun
27
Jun
61
Jun
48
Jan
255
Mar
225
200
6% Mar
14% Jun
Feb
6
20
Feb
5 % Jun
5':
14
10
13
20%
Feb
86
Not
96
Jun
91% Jan
4
14%
Feb
19%
Oct
15% Feb
25
89% July
21
Jun
Jan
88
Jun
86
Jan
20
Dec
25% Jun
13%
16% May
Dec
17% July
86% Jan
62% Not
6% Jun
23
Deo
55
Feb
Aug
14 "
Apr 12
33% Jan 12
13% Jan
7
81
Jan 21
140
3
8% Not
16
Not
83%
Jan
3%
Deo
10% Mar
84
107% Feb
17% Mar
27% May
40% Apr
7% Way
14%
Jun
Apr
81
28%
29
103/4
-10%
10%
/
■
V.-A'A
7
'■
common.No par
$ '
.......
■*
■'/;;
32
■A AAAA,YAA- A..? A' js'ioo
100
Jun
15
100
*13%
100
♦99
10%
11%
103/4
*99%
1,200
A;:f AAA
11%
10%
♦10%
13%
31%
100
•
••133/4
*102
200
103%
•
*.
—
1
—•
31%
313/4
600
99%
100
99%
70
LOW AND HIGH ■ALB PRICES
STOCK
8aturday
Monday
July 4
Tuesday
July 5
Wednesday
July 2
< per thare
I per share
f per share
f per thare
__1
8%
•> *96
pfd_100
10
Brake
Central
com
*47
■
11%
11%
II
68%
68 %
*68
*26%
26%
26%
*26
2o%
64-
•122
A 9%
10
64%
64%
122
*122
-
9%
:j $
263/8
-
€8
Shares
W
473/4
1,300
1,500
'
11
'11 %
68
A
68%
3,400
98%
47%
68%
:
26%
.:
140
/
v
26%
26%
26%
*26
;i
•! 9%
:
9%
66% f 67%
122
the Week
8%
*96
47%
Sales for
per share
83/4
11%
y
*26
126
8%
98%
47%
11%
26%
9%
•
83/4
•96
47%
r
26%
100
/•l ?'
98%
26%
No par
100
preferred series A
47%
8%
*96
Friday
July 8
July 7
I per thare
68%
11%
♦68
No par
N Y Chic & St Louis Co
8%
8%
98%
47%
1
common
Thursday
July 6
9%'
"*
800
.-!•
26%
...
9%
-'300
9,400
-
66
122
A
67%
122
122
3,500
:
58
*52
58
*52
58
*52
50
*230
245
♦230
245
*231
245
300
58
250
Mar
9
9% Jan 21
33% Jan 21
96
.
Jan
19% Apr
22
7
N
90% Jun 28
28
.Jan
Jan
i
10
3
Mar 24
59% Jan
10
Feb
18
7
109 % Mar 22
10% Jan
7
19
Feb
2
36
Jan
4
4% Jan
11
12% Apr 23
Dock
non-cum
Y
&
common
preferred
Harlem
RR
Co
N Y New Haven & Hart RR
Preferred
5%
series
'
Co.100
A
5%
6
6
100
25
25%
24 3%
Light 3.90% pfd_100
Shipbldg Corp partlc stock
1
93
93%
*16%
Y State
$3.75
Elec
preferred
Noma
100
Industries
2.60
Electric
Corp
Chemical Co
Nopco
Norfolk &
Adjustment
North
1
4
Western Ry com
American
$4.80 preferred
Northwest Airlines Inc
4.6%
preferred
INorwalk
&
common
3,300
93%,
93
93 %
93
93
16%
*16%
16%
*16%
16%
16%
16%
90%
90%
90%
*90%
90%
'♦90%
90%
10
17%
17%
•173/a
18%
*17%
18%
*17%
18%
100
7%
7%
22
22
50%
7%
50 3/4
*26%
18%
8 3/4
*22
::
503/a
Y
27
19%
*26%
19
v
8%
9
333,4
34
10
6
243/4
*93%
78
25
245
~
24%
78
par
No par
No par
6
24%
10
13%
33%
•
108%
9%
893/4
109
27
A
19%
*26%
18%
,:
27
*26%
18%
78
33%
33%
33%
13%
13
13%
10%
10%
10%
883/4
90
183/4
10,900
83/4
8%
600
2,600
78
893A
10%
4,000
'80
4,500
,.
;
3,000
9,500
/
"
108%
:
89%
108%
9%
109
2,200
AAA
A'AA
19%
83/4
10%
9%
7%
503/a
79
8%
*78
34
100
22%
50%
33%
83/4
79
13
*108%
73/a
*22
27
13%
*89
9%
A
7%
22
503/s
10%
10%
*89
7%
22
50
13%
13%
10%
*78
73/s
223/4
50%
2,500
A. 240
93/4
90
220
A
108 %
108'A
9%
9%
7,000
270
"
9%
153/i
16%
16
10 3/8
16%
163/4
16%
163/4
BO
4,600
33%
33%
34
34%
34%
34%
34%
No par
341/2
140
*13/4
1%
1%
1%
*13/4
1%
13/4
13/4
200
2.80
Rubber
Pharmacal
CLOSED
DAY
1
*230
:
4
500
2ty2
50
*11%
11%
*11%
*11%
11%
11%
11%
100
Telegraph
Tiro
EXCHANGE
CLOSED
lo
Co
preferred
Northwestern
EXCHANGE
•••
INDEPENDENCE
100
Northern States Pwr Co (Minn)—
Common
No
Norwich
STOCK
28
North
American Aviation
Northern Central Ry Co
Northern Natural Gas Co
Northern Pacific Ry
$3.60
STOCK
28
preferred
•
6
•;
243/4
Gas Corp—
&
Noblltt-Sparks
5%
6
/
*90%
N Y Power &
N Y
11
■
Co
K
12
O
36%
Dec
Jun
27% Jan
3
92%
Jan
103
Jun
99% Jan
3
26%
Feb
43
Jun
16%
Apr
Jan
23% May 31
17% Jan
8
33% Jan
18%
19% Mar
20
Oklahoma Gas & Elec 4%
31% Jan
Oliver
22%
92
Feb
Mar
6%
Deo
88
Deo
20
Jan
27
Jan
144% Not
15%
Not
34%
36% July
*109% July
12% Apr
Jun
6
% Feb
11
90% Jan
13
22% Jan
Jun
19% Jun
28
Jun
13
Jan
148
Jan
15
Jan
Peb
80
Dec
89
Dec
78% Jan
11% Jun
7
3
Feb
15% May
8%
Dec
15
8
Sep
78
56
For
May
Apr
43% May
footnotes
*ee
page
1
64% July
49% Jan
60%
34%
Feb
2
Jun
23
7
8 % Jun
29
23
37%
104 % Mar 25
92
Jan
154
14
May 18
80 % Jun
100
47%
11%
Jun
33
11% Mar 29
30
24
KC
99
Jan
8%
Corp
Otis Elevator
Outlet
253/4
*18 %
19%
*18%
19%
7
Pacific
Amer
10% Jan 18
Pacific
Coast
7
71
Apr
4
40
Jan
17
A
221/4
22%
10o
*92%
6
71/8
7%
*80%
81%
100
No par
100
*19
293/8
22%
203/b
293/4
7%
81%.
*19
293/4
*28
28%
*102
102%
140
253/4
5,900
18 3/s
18%
600
22%
22%
253/4
25%
18%
22%
92%
7%
81%
A
283/4
102 %
25%
18%
23
92%
93
28%
*102
„
23
*92
*7 Vs
*81
93%
£*92
7%
7%
82%
81%
811/4
203/s
19%
19%
303/s
29%
30
*153%
1*5
*19
30%
Glass
Co
Fisheries Inc
Co common
155
*153%
12
*11%
12
12
12%
*121/4
123/4
68%
*65
68%
64%
bo
*64%
67
543/8
543/4
543/4
543/4
543A
5
10
*11%
*8%
12
83/4
54%
*11%
*8%
11%
11%
83/4
preferred
non-cum
No par
2nd preferred
*56
59
*56
No par
*29%
31%
*29%
31%
83/4
59
non-cum
56
.
*29%
1K4
543/4
11%
*U%
*8%
83/4
56
31%
*54
,
31%
30
100
3,100
*64%
12.80
110
700
20%
*11%
155
2,500
A
30%
2.50
155
200
931/a
73/a
No par
Co
6
20
lo
common
Owens-minols
July
16
preferred
Outboard Marine & Mfg
28
Jun
Jun
29%
1021%
25%
No par
preferred
24
1st
*29%
102%
25%
preferred
(The) common
Corp
Jan
Jan
29%
1013/4
25%
convertible
convertible
6%
29%
101%
pfd
common
Oppenheim Collins
2
t
loo
No par
Co
58% Jan
14
common
preferred
Oil
4%%
16% Jan 24
79
4.40%
Ohio
Omnibus
32% Mar 30
158% Jun
Ohio Edison Co
55%
12
'
A,
300
2,200
10 %
13%
103%
31%
31%
31%
31%
*10%
*102
A
Xti
10%
*53
85
1 % May 21
11% Mar 2
31 %
10%
133/4
103%
10
29
10%
No par
14
6
"
10%
*13%
*102
•28%
j
100
23%
24
15
133/4
»' 103%
81
29
2,500
A; 2,300
'
'10%
19% Apr 28
11% Jan
7
14
Air
10%
•133/e
*102
29
10%
3
Jun
*10%
AA
■ '
•80%
103/4
A A 10 %
11 .'•?
''11 V;,,
*23%
28% Jan 20
13% Jun
81
*80%
11
7
29
81
81
*10%
'
A '
A.
16%
24
10% May 13
90% Jun 27
Dec
24%
16%
*10%;
28
Mar
;
*23%
•16%
*23
8% Feb
8% Jun
76%
23%
16%
103/4
17% Jan
Mar
*76
23%
16%
243/4
13
26
76%
23%
16'/a
76
*23
14
6
76%
*22%
76
103/4
;• ■
A
3,600
;A
v
76%
23%
28 3/4
.
500
800
16%
283/4
100
700
.'AA
■
,
16 3/8
753/4
.....
*80%
1
20
i ff
10%
11 % Jun
90
.
40
A A,
*22%
.
■
,.-i
4,500
19%
11
36% Mar 17
109%
A
ia'
19%
-
27
14
Oct
A
.A
19%
A
20
A
,
6% 1
163/4 : A;
*22%
Jan
Aug
;.-.' A
%
i
A
148
6%
VA. 163/4
19%
20
*19%
vA1
'
3,100
A
313/4
*146H4
6%
16
•7«
%
20
148
6%
16
17,000
1763% A-:,
No par
Jun
78
19%
*1463/4
16
'
No par
21
15
; 6%
31%
A 176 3/s
1
1.500
'
York
4
21% Jun
147%
6%
153/4
31%
8,800
A
800
13%
92%
176%
176
300
'.
7%
13%
*91
City Omnibus Corp
16
49% Jun
147%
6%
16
*10%
common
Industries
York
1463/4
TV
4%% preferred
100
Newport News Ship & Dry Dock_l
6%
175%
31
7%
v;
■
$5
31
103%
Inc
England Elec System
New Jersey Pr & Lt Co 4%
Newmont Mining Corp
New
175%
*6%
A
30%
31
30%
176%
7%
New
78
Jun
A
No par
York
913/4
1
New
New
13%
92%
.30%
.
•'I. 15%
lo
Co
preferred
Newport
13%
913/4
*175%
'
18% A: ;H
6
Jun
27%
■
'
18%
Apr 23
59
36% Jun
Dec
'
.
.
-A..A
26% May
93
16%
' '
...
16
■
N Y
82% Mar
Feb
'i.
7%
1463/4
.
153/4
.•:
8
25%
Jan
.
> A
18%
7%
3,600
:•
32
;
13%
2,700
5%
10
14% Jan
15% Jan
8
:
Par
Jan 21
28% Jan
17% Jun
13% May
14% Mar
.
5%
A
*93/4
18%
.
600
2,000
63/4 A
AV 313/4
16
110
5%A'
3P/4 v r
6%
10
73/4
*91
;AA
179
5%
•32%
16
,
700
31%
6%
5%
13%
7%
13%
92%
10
Newberry Co (J J)
3%% preferred
N
81
25
..
13 :
20% Jun
Jan
35
13
Jun
117% Jun
Apr
72% Jan 27
Apr 30
Mar
49%
.A
A
100
% per share
Mar 21
70
12%
.
EXCHANGE
9% Feb
64
3
20%
81
13%
*91
;.
.
'
Fibre
NEW YORK
10% May 17
97% Feb
2
94
Aug
July
26% May
Deo
*7%
."..„Y.
25
Co
Bros
Highest
8 per share
90
Feb
12%
;
Lowest
$ per share
j
18%
com
Corp
4% %
Vi' Range SInee Jan. 1
Highest
# per share
18%
STOCKS
Year 1048
,
18%
10
Co
Baage far Previous
Lowest
18%
No par
Tea
Vulcanized
Natomas
27
31% Feb
Mar 28
93% Jan
Nehl
14% Mar 17
12
Natl
13% Mar 30
10
Jan
6
12% Apr 20
11% Apr
2
3
May
85
Feb
9% Jan
19
104
12% Not
100
July
16%
A:
4,500
12
178
5%
5%
5%
5%
v.
12
32
6%
6%
16%
No par
Pa
5%
313/4
32
6 3%
12
178
16%
....
No par
National Supply (The)
4%% preferred
A
11
10%
103/4
AA5%
5%
5%
31%
1
178
179
*177
16
.:
....
12.50
1
National Steel Corp
National Sugar Ref Co
15% Feb
4,900
*9%
No par
Corp
25% July
333/4
31%
6%
100
National Linen Service Corp
1
& Steel Cast-No par
Natl Power & Lt ex-dlst
No par
114% Oct
25% Jan
33%
93/4
100
Not
33%
32'/a
common
Not
33%
9 3/4
No par
16%
100
333/4
31%
com
20
31 %
9%
Nati Malleable
Shares
*30%
31%
preferred A__
preferred B
National
303/4
9%
Enameling & Stamping
Gypsum
10%
31%
B
5.300
303/4
33%
6%
;
380
400
73/4
*113/4
5%
32
5%
73/,
:
12
1
Prod
$4.50 preferred
National Lead Co
3
4
Jan
177% Feb
25
81% Mar
15
4
J
Not
7
<
Feb
95
86% May 13
25% Apr 14
Jun
162
130
National Distillers
16% Jan
13
Jun
1
7%
7,100
27
203%
10
No par
Products
12
11%
31
•
179%
5%
*7%
7%
9%
33%
6%
12
11%
12
31%
31%
...
11%
*30 %
9%
9%
A'AA AAA/AA
AA AA;.-AA''
■
73/4
8
12
1
11
06% May
♦19%
*177
No par
12
20%
26%
20%
'
10
Register
National City Lines Inc
National Container Co
32% July
Oct
27%
20%
33%
100
10
Deo
27%
20
*30
10
common
13
Sep
27%
20
INDEPENDENCE
|
a
13
15
8
12%
27%
7%
National Automotive Fibres Inc
Jun
Jan
12
263/4
20%
12
National Aviation Corp
National Battery Co
9% Jun
12%
10%
.7% Mar 29
■
12'/a
26%
STOCK
CLOSED
1
27% Feb
85
A
National Airlines
22% May
,,
Not
29%
V
1
EXCHANGE
CLOSED
100
Co
Jun
14% Aug
Dec
17%
5
13
Acme
20
STOCK
EXCHANGE
§
Chatt & st Louis
National
82
10% Mar
24% Mar
14%
4% Jun
4
25
'
Corp
Nashville
179% Jun 23
170% Mar 15
32%
6
21
Jan
23% Apr 11
9% Apr
4
11% Jan
7
70
200
90
3,100
100
9
10
58
10
31%
20
:
NEW
NEW YORK
Range Since Jan. 1
Tear 1048
$ per share
8 per
8 per share
21
33% Feb
3
Pacific
54
Jan
6
Pacific
34
Feb
21
18
Feb
24
29% Nov-
36%
Jan
30% Jan
55% July
50
Jun
6
44% July
Jun
27 y8 JUn
14
89
Feb
7
135
Jan
5
144%Jun 20
Apr
2% Jun
1
62% May
5% May
29'/-» Jun
13
Dee
3y4 Jun
13
8% Nov
11% May
Dec
104%
Nov
147
130
3%
6%
Dec
39'/a Nov
41
13
;
Mar
46
21%
Feb
92
Oct
6%
Mar
Jun
66
Feb
Oct
100
-
May
11%
Jun
.
4% Jan
:
Pacific Western
12
Jun
10
-
Packard
Pan
3
Pan-American
49% Jan
5
95 % Jun 23
Jan
4%
102% Jan 27
8% Apr
13
20
Dec
28
May
15% Jun
Jan
Jan
105
Jun
102 % Feb
8
104% Jan
7
18%
Feb
26% May
18% Jun
14
24% Feb
3
19 % Jun
6
38% July
8
2
it
Mar
May-
23%
Dec
3% May
33% Jan
24%
Nov
30%
Jun
14
1% Jun
6% Mar
0
10
May
16% Jun
Feb
Dec
37
38% Feb
Jan
4%
*12%.
Inc
200
54%,
54%
1,200
6
21%
22
20%
20%
21%
21%
*20%
,.
♦37
3,400
16%
1,200
•102% ,103%.
103%
39
39
16%
16%.
5%.
>
*16%
20%
20%.
♦20%.
5%
6
130
98
*97
♦102%
103%
20%
39 %>
1%
5%-
16%
16
♦102%
,
21%
'
♦37
1
13%
6
20%
7,800
.9
13%,
6
15%
8,900
8%
9
97
103%
3%
3%»
3%
13%,
96%
15%
2,400
13%
97
20%
32%
13%
♦12%
97
*102%
1
3%
8%.
9
s
20
2,200
32.
32%
98
100
1
32%
130
3 Va
3%
3%
3
144 %
•143
54%
;—1
Park Utah Consolidated Mines
1,200
93
*92
92 %
143
54%,.
5%
Park St Tilford Inc
31%
31%
31%
31%
55
No par
com
convertible preferred
1,000
54%.
*97
1
4,300
53
53 %
53 %„
No par
100
com
8%
13%.
32
53
3%
3%
9;
When issued
7
28
3
2
24% Jan
23% Mar
26% Jan
Parke Davis AC Co
29 % May 12
x6
Jun
Jun
Parker
22
2
»
7
18
Jan
4
19% Jan
1
Rust
Parmelee
7"% Jan
14% Jan
15
10
20%
200
22
t
'
39
387/a
39
8,600
300
,
.
1%
l7/s
1%
1%
*1%
l7/a
600
x28%
28%
28%
28%
28%
28%
4,000
24%
24%
24%
24%
♦24%
24%
1%
10
—No par
28%
29
2.50
23%
23%
Co
Proof
No par
*6
5
5
25
Transportation
11
8
1
Jun
32
27% Jan 31
July
Patlno
.
Mines
AC
Ehterprlses
Peabody Coal Co common
5% conv prior preferred
Penlck to Ford
8
48% July
7
Penney (J C) Co.
10% Feb
3
Penn
Jun
42% Jan
3
7% Jun
14
Nov
17% Feb
5
34% May
23% Jun
6
Jun
16
111
16% Jun 29
20
6%
100
10%
400
6%
11
6%
300
6%
6%
6%
♦6%
17
16%
16%
♦16%
17
*16%
17
31
*30%
31%
♦30%
31%
30 %
32
48 Va
48%
48%
48%
48 %
48%
*6%
7
♦16%
31
No par
.No par
47%
600
6%
•10%
6%
*10%
11
11
11
*6%
6%
*6
6%
'
15% Jan
40%
Pipe L
preferred
*'
3%
8%
Paramount Pictures. Inc
42 % Mar 30
2% Feb
3%
31%
53
143
32.
32
32
31%
32%
3V
3
3
19%
"
16
27
21% July
■*
9
6% Jun
,
-
•"
.
Petrol As Transp—5
Paraffine Cos
7
97
*2%
300
19%
20
92
144%
*143
Shares
-
53
92
92
92
S per share
31%
31 %
31%
31
144%
2%
Panhandle Prod Ac Refining
16
53
No par
American Airways Corp
Panhandle East
59% Apr 14
:
Motor
32 %
52
91%
10
Car
5
10
32
51 %
*143
■i
1
Oil Corp:
5
10% Apr
16
3
32
30%
No par
4% Jan
Jan
18%
34%. Feb
No par
*19%
51%
common—100
100
Pacific Tin Consolidated Corp
g
43% Jan
8
5% Jun
Corp
Lighting
Pacific Mills
19%
19%
3l%
Electric-
As
8 per share
19%
the Wash
July 8
8 per share
19%
\8 per share
Sales fee
Friday
July 7
July 6
July 5
I
Pacific Telep Ac Teleg
6% preferred
96% Mar 28
*
Dec
89-
Gas
Thursday
Wednesday
Tuesday
3 per share
Pacific Finance Corp of Calif-
3
Jun
29%
LOW AND HIGH BALI PRICKS
Monday
July 4
July 2
8 per share
14
21%
21
RECORD
Saturday
.
share
Apr
15% Mar
t4T% Mar
STOCK
STOCK
EXCHANGE
Highest
Lowest
Highest
t per share
YORK
STOCKS
lu|t f#r Previous
Livttt
(121)
COMMERCIAL & FINANCIAL CHRONICLE
THE
Number 4819
170
Volume
48%
100
700
6,300
'
9*/* Deo
15%
Feb
27
Dec
•
109%
Oct
16%
21%
Deo
112
Jan
20% July
106
■
Mar
Coke Corp
Ac
Cement
Penn-Dlxte
23% May 14
28% Jan 21
,
Coal
1
5%
preferred
Penn Power to
May 18
Light Co
Dec
22% May
14% Jun
13
17% Jan
7
Pennsylvania
13
37% July
8
32
Apr
104
Jun
Feb
110
Mar 28 -
45% Jan
29
Jan
3
86%
Feb
99
96% Feb
9
108
9%
Nov
20% May
24 y« Jan
7
Dec
7% Nov
22
Deo
98%
Oct
0%
Feb
Oct
Jan
21
May
102
30%
104
17%
Jun
12
3
8% Jan
Apr 11
Apr 12
24.
Mar 11
,
May 16
Apr
5
11% Jan 19
7% May 31
Jan
14
4%%
7
12% Jan
Feb
20% May
Jan
3
27% Jun
44%
Dec
64% July
40% Jun
6
40%
Feb
59
36 %Jun
7
51% Jan 19
53% Jan 21
48%
Dec
55
X48% Mar 30
54% Mar 18
14%
July
May
20
90% Mar 24
99% July
20% Jan
3
24
25% Sep
23% Jun
8
26% May 16
110% Apr
6
113% Jun
7;
101% Jun 29
8
109
Dec
Deo
22
Nov
104
Jan
115%
91
Jan
103% Jun
104% May
24%
Jun
111
Jan
98
105
8
Phila
May 17
Jun
Jan
21% Nov
Apr
11% Jun
28
197/a Jan ,,: 7
Jan
45% July
22% Jun
28
40% Jan
01
81
Sep
81
Sep
Jun
July
25% Mar
39%
Dec
37% Jan
87
Jan
97%
Jun
93% Jan
3
82%
Nov
88%
Oct
88
11
Dec
13%
Sep
10% Feb
88% Feb
8
4
July
87%
Jan
54%
Jan
92% Aug
77% Jun
10
Deo
14% May
43% Mar 28
100
9
Apr
6
91% Mar 30
10'
12% May 14
Jan
87% May 11
90
Feb
14
64
Apr
11
preferred
Phillips Petroleum
19
28
6%
11
Mar 30
51% Jun
0
Feb
i per share
~
30
Dec
98%
t per share
34%
Apr
10%
100% Jan
5
105% Apr
Sep
100% Jun
Dec
15%
Dec
93
Mar
12%
Jun
July
36% July
23% Jun
Feb
Jan
Jun
15
13
85
7
Dec
155
Apr
Jan
26
144% Feb 28
157
Feb
169
July
156% Jun
28
170
30
Dec
39 Va
Jun
28% Jun
13
Nov
10
Jan
6% Jun
13
8% Jan
7
14
15% Jan
7
7%
10%
Feb
140
20
Jan
Jun
170
Dec
73%
Feb
96
Oct
70%
Dec
15
Feb
82% May
26% Oct
145
Jan
26%
161
July
46% July
Deo
35% Jan 21
May 18
175
135
Apr
7
65% Jun 21
Jan
88
28
71% Jan 27
14% Jun
15
21% Jan 24
137% Jun
1
147
Feb
1
xl9 % Jun
14
29
Apr
4
8% Feb
24
10% Apr 19
11
50% Apr
Feb
46
11%
Deo
12%
Jan
16% May
14% July
5%
Nov
11% May
22%
Nov
62%
Feb
35% May
71% Jan
Feb
Mar
Jun
Mar
32
8% Jun
4% Jun
Apr
5
12% Mar 30
14% Jan
57% Feb
>
14% Jun
Jan
14
38
Jan
3
20 % Jan
Feb
20
Dec
30% May
25% Jun
3
13
23% Apr
Dec
32%
Nov
53
Jan
30% Feb
25
37
Z25%
Feb
42
May
24% Jun
14
101% Feb
108%
Feb
x26
33
Sep
July
2
43% May 18
25
Jan
9%
100 '/a
♦100
22'/a
V
13
28% Feb 21
-
17
Apr 30
32% Apr
4
.<
108% Jun
24
29% May
9
500
40%
10%
500
26%
/
26%
26%
27 %
3,900
26%
47%
48
3300
41%
41
41%
7,200
53
53%
53%
53%
98
99
99%
99%
80
22%
22%
22
22%
5,000
25
25%
25%
25%
400
•112
113%
♦112%
113%
*102
105
♦102
105
108
108
98
98
22%
*23%
24%
112%
7
-a
113%
♦101%
47%
40%
Xll2%
24
♦113
47%
53
22%
•
22%
24
47%
.41%
52%
98%
22%
105
♦102
-
.
t
110
12%,
,7
»'
12%
25%
12%
25%
,
105
•108
110
12%
24%
'
257/a
f
83
*82
83
..'■r-
42%
100 %
'
20
~50
108%
12%
12%
12%
12%
1,500
25%
25%
25%
4,200
83
81
82
42%
42%
♦99%
43
100 %
108%
>
470
25%
•82
'
42%
60
10%
♦102
47%
*97
*98%
100
103%
10%
103%
40%
:
52%
♦82
22%
*21%
22%
16,500
10%
10%
26%
47
*22%
v
,»;• *io2
103
'
*10%
26 %
♦108%
22 %
22%
103
10%
♦52%
<
■
103
42%
*99%
42%
100
♦91'
20
42%
*99%
4,500
100
93
*91
93
93
*91
93
♦10%
11%
*107/a
11%
*10%
11%
•10%
11 %
♦87%
89
89
89
♦88
90
*88
90
V53%* 55
55
♦91
V
♦8%
*8%
11
.
55% /« J- 55'
*8%
11
55%
9
54%
80
55%
*8%
■
8,300
9
LOW AND HIGH SALS PRICES
Monday
July 4
*27
27%
27%
27%
104 %
*103
104%
104%
104 %
105
♦90
105
11%
*11
*11%
11%
81
♦80 %
27
26%
145
*140
145
*157
160
*157
160
31%
STOCK
\
68
16
7%
7 %
700
9
8%
8%
1,300
150
62%
16
140
39%
*130
•130
y
y
■
''
13%
5%
5%
5%
22%
22 Va
63 %
63%
16
'
10%
13%
63%
"
10%
16
15%
87%
40%
*87
'*i
.v
40%
;-y.
No par
J
(The) common
No par
;.-v
,
•
,
:
Y.-'" \
21%
i
5% conv preferred
Purity Bakeries Corp.
100
*
-y.
:
-/y
'
41%
4,300
34%
34%
800
lO'/a
10%
13%
13%
5%
5%
*22%
23 %
10 Va
13%
13%
5%
5%
22 %
*22 y8
23%
64%
64%
65
65% i
15%
16
15%
16
87%
87
87
86%
86%
40%
40%
40%
40 v»
40%
■•■.1
21%
22
22
22
22%
22%
26
26%'
,.y.
32%
32%
26%
27 Va
26%
27
26
f
<
%
JV.
&
109%
<25%
•107%
25%
26
26
<
100
1,400
;
8,300
-
26%
:
32%
.
27 Va
5,700
:
8,600
■
8,500
'
109%
*107%
.
100
2,200
2,200
26%
27Va; »
1,900
-
26 %i
32%
26%
109
25%
*107
'
8,500
•
32%
26%
32%
•
"
.No par
400
65%
157/a
40%
32%
26%
^
—
41%
34%
10%
:
'
'
10%
87%
21%
26%
,
No par
Pure Oil
.<
32%
com—No par
200
20
*10
.
41%
*34
34%
'
13%
5%
DAY
34%
10
*21%
-
34
15%
140
*19%,
10%
*10
40%
41%
34
f
y
20
62
62
19%
19%
19%
13%
;.
68
*14
10%
*10
10%
67%
*14%
140
*19%
40%
*66%
*67
♦62
16
67%
♦130
150:
♦146
150
62
*14%
19%
*145
10
CLOSED,
INDEPENDENCE
13,000
7
8%
62
140
39%
32%
6%
8%
*67
62
*10
31%
31%
7
*145
150
*19%
31%
31%
7
8%
\
8%
♦130
EXCHANGE
31%
.
6%
*14%
No par
5
Inc
12
*138
*61%
$4.75 cum preferred
No par
Co of Colorado—20
$1.40 dlv preference
*11%,
11%
200
160
*66%
Public Service
Pub Serv El to Gas com
10
i,9oa
145
♦145
1
Pullman
80%
27 \
*157 '
8%
CLOSED
100
27
*138
6%
EXCHANGE
r!
'
80%.
81%
,...27
11%.
11%
10
11%
*11%
11%
159
preferred series A—50
com
26%
*11%
145
31%'
.1
Inc
*80%
.-5
26%.
11%
*157
10
Pressed Steel Car Co Inc com
*11%
81
*90
105
*90
♦138
No par
class B
200
27%
*103
105
*90
STOCK
Electric Power Co
8hares
*27
104%
*103
.5
Sales far
the Week
share
S per
share
27%
27%
100
S per
f per share
r,
July 8
July 7
July 6
t per share
Friday
Thursday
Wednesday
Tuesday
July 5
t per share
"
6
25% Jun
8%
9%
46
•
107
♦7%
9%
26
July 2
Procter to Gamble
90% Mar 17
■*
8%
9%
39%'-
Saturday
Plough Inc
Plymouth Oil Co
Pond Creek Pocahontas.
conv
101 "i 1101%
100%
*7%
10%
Pittsburgh Forglngs Co
1
Pitts Ft Wayne to Chic Ry com—100
7% gtd preferred
100
Pittsburgh Plate Glass Co
lo
Pittsburgh Screw to Bolt
No par
Pittsburgh Steel Co com
No par
7% preferred class B
100
5% preferred class A
100
5%% 1st ser conv prior pfd—100
Pittsburgh As West Virginia
100
Pittsburgh Young As Ash pfd
100
Pitts ton Co (The)
1
4%%
35
100%
11%
Publlcker Industries
*34%
97/a
26%
22
14
85
94
Jan 24
28
♦34%
9%
*80%
Potomac
35
10%
1
Poor to Co
*34%
7;;
109
*107
108%
8%
convertible preferred—No par
66% Jan 18
26
Apr
28% May
Jan
6
8% Jan 24
13
Mar 22
21
18
39
3
14
12% Apr 21
39% July
24% Jun
32%
24
Jun
61
36% Feb
29%
81
26
12% July
Jan
18
7% Jun
Jan
70% May
9% May
33
142
*106%
*7%
103
STOCK
Pitts Consolidation Coal Co
138
300
109
8%
♦21%
I per share
$5
7
13,700
37%
T
37 %t
37
37
37
37
♦106%
100%
Pitts Coke to Chem Co com—No par
2
Jan
16% Jan
7
10% Jun
Feb
32
,
14%
'
No par
Pitts C C to St Louis RR
14 Va Mar 14
3
11
79
24% Jun
4
22
14%
9%
Plllsbury Mills Ino common.
$4 preferred
32% Jan 24
13
100% Jun 22
113
80%
26
Jun
14%
14% 7
•"
I per share
I per share
26
14%
17%
*7%
STOCKS
Jan
103%
Jun
110
Jan
90,700
14%
35
•100
EXCHANGE
Highest
Lewost
Highest
%
14%
*34%
,......5
YORK
NEW
Range Since Jan. 1
Year 1048
19,200
3*2
37%
100
—
Phoenix Hosiery
Baaga far Previous
Lowest
17%
%
108%
Corp common
3%% preferred series A
Philip Morris to Co Ltd common—5
4% preferred
100
3.60% series preferred
100
Phillips Jones Corp conu.
No par
8
108
17%
32
•/ a3a
1
100
100
100
1
3
100
preferred
*106%
17%
%
*36 %
No par
Philco
108
17%
♦106%
common—No par
Phila Ac Reading Coal Ac Iron
7
2,000
25
17%
17%
14 %
5
preferred
4.3%
21
14.
28
Co
Electric
3.8%
108
100
$1 conv preference com
4.4% preferred
30
*106%
No par
common
preferred
500
21%
21%
%
rlelfler Brewing Co
No par
Pfizer (Chas) Ac Co Inc
1
Phelps-Dodge Corp
25
Philadelphia Co 6% preferred
50
$6 preferred
No par
Jun
93
20%
103%
17
108
50
Petroleum Corp of America
"9%
,21%
*23%
*
25
.
Pet Milk Co
105% May 16
5
9% Jun
*23y8
17
Pennsylvania 8alt Mfg Co com—10
3%% conv series A pfd
100
Peoples Drug Stores Inc
5
Peoples Gas Light Ac Coke
100
Peoria Ac Eastern Ry Co
100
Pepsi-Cola Co
33 %c
Apr
25
9%
9%
9%
21%
*23 %
1
Rights
RR
9%
21%
25
♦106%
9%
21%
♦106 %
28
36
28
CLOSED
21%
DAY
A Jun
48
Feb
EXCHANGE
*23 %
9%
21%
*9% 7'
INDEPENDENCE
29
120
35'% Dec
103
STOCK
„
EXCHANGE
com—No par
100
No par
Jun
16%
7
CLOSED
7-
Co
Penn GWs Sand Corp
STOCK
10
•
108
<
•
*25% i
26
1
V
'
108
100
<
26
800
.
m
i■
v.;
•
;■
r
25% May
17% Deo-
15% Jun 15
Jun
9% Jun 28
20% Jan 14
Quaker State Oil Refining Corp_10
14% Jan
Radio Corp of America
*15%
16%
;
»16
•
16%/.;
15%
16
10
10%
10
10%
10
10%
70
69%
69%
•69
69%
7%
7%
v
f
f
16%
♦16%
*
.,
500
y
R
7%
63%
6%
Feb
15
Feb
75% May
11% May
Oct
98%
Nov
89
34%
25% Deo
22%
x36
Feb
31
Feb
36% Feb
x7
92% Jan
'
14
15
9%
Apr
4
96% Jun
17
Jun
23% Jun
14
29
19
21% Jun
14
30% Feb
Jun
26% Jun
45
36
Apr
Jun
Feb
39
10
Dec
15% May
May
18
Deo
14%
17%
Dec
25% May
8%
Dec
13% May
17
Jan
17% Jun
14
34% Feb
23% Jan
Jun
13
43
28% Jun
29
36
Jan
4%
Jan
Jan
3
13% Apr 16
23% Jan 25
Real
14
11% Jan
14
13% Feb 18
Reeves
4% Jun 29
8% Jan 27
Aug
Dec
52
8%
66
Dec
15% May
78%
Dec
99
Aug
10%
Dec
29%
Jan
6%
Feb
2% Dec
5%
Nov
For
18% Jan
4
6% Jun
14
22
Apr
9% Jan 24
preferred
Silk
2nd
preferred
Hosiery Mills com
Reed Roller Bit Co
Bros
Inc
Reliance Mfg Co common
Conv
Jun
17
83% Feb
pfd 3%% series
Remington-Rand common
$4.50 preferred
6% May 31
12% Jan
Reo
73
8% Jan
4% Jun
5% May
11% May
2% Jan
3
3% Apr
5% Jan
4
9% May
footnotes see P8ge 24.
6
3
7%
•96
97
24
98
Motors
Inc
Republic Aviation Corp
Republic Pictures common
$1 convertible preferred
98
10
.
69'
*96
.
15,900
10%
800
69
7%
-
2,700
7%
98%
24%
700
24%
23%
24
24%
24%
24%
24%
24
23%
24
24
24
*28%
29
28
28
28
28
19%
19%
19
19
*18%
18%
18%*
18%
*36%
37%
37%
37%
•37
37%
37%
37%
29%
*29%
29%
*29%
29%
*11
11%
•29
29%
*10%
11%
19
5
100
50c
25
•96
J.
7%
24
*18%
50c
*96 :
7%
•23%
5
prior preference
10
Reliable Stores Corp
No par
10
Jan
7%
No par
dlv
26
54% Feb
50
;
69%
12
12
*29%
*10%.
19
*4%
*19
*6%
*51%
8%
*72
5
12
20%
6%
52
8%
75
*4%
*19
300
"
500
200
1
100
107/a
10%
19
19
19%
19%
600
12%
12%
12%
1,600
12%
5
20
12%
*4%
•19
67/a
6%
51%
61%
•51%
8%
8%
8%
9%
2,000
28%
19
67/a
*72
♦28
11%
(Robt) to Co—
$1.25
8 % Apr
50% Mar 21
13% May
2
1st
non-cum
Jun
Re is
8
com—No par
No par
Radio-Keith-Orpheum Corp
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par
Rayonler Inc common
1
$2
preferred
25
Reading Co common
50
4% non-cum 1st preferred
50
$3.50
10% Jan
18
Dec
4
74% Jan 22
July
31
11%
Jun
35
May
27% July
Jan
16%
66% Jun
7
75
9%
♦72
9%
*4%
5
*19
20
110
9%
5,500
9
75
74
9
9%
9%
I
50c
10
5%
5%
5%
5%
5%
5%
2%
3
3
3
3
3
7%.
7%
7%
7%
7%
7%
<800
51%
9
9%
mm—
'
7%
51%
51%
1
5
20
7%
7
-
*5%
3
*7%
74-
«
100
9%
800
5%
1,900
1,100
3
7%
900
22
COMMERCIAL
THE
(122),
YORK
NEW
NEW
Range Since Jan. 1
Highest
Year 1948
33%, Oct
111% July
21% May
91% Jun
13
10% Jun
15
102
91% July/
Dec
82% Feb
.
Jun»13
Feb
Jan
15
*
4%
17
Oct
May
4% Jun
4% Jun
33% Dec
5% Apr
14
43
Dec
50
Oct
94
34% Jan-
15% Jan
49
iPar
17%
Dec
28
Sep
4
54
;
34%
36%
15%
15%
16
Ritter Company
12
Jan
4%%
13
Apr
18% Feb
55% Jan
3
5
16
3:
Jan
13
122.
Jan
25
58
Jan
101
78 :
Jun,
9
91.
Jan
19
22% Jun
46% Jan
25% Mar
;
,
87%
87
8
51
May
6
56
95
Jan
90
Jun.17
x96
Nov
93% Apr
78
Jun
94 % Jun
12
Dec
79
Oct
87
13%
Feb
12'
July
July
30
Jan
3
14
Jan
Jan
5
86 ;
Feb
7
13 Va Jun
28
18% Jan
55
83
Apr
5
Scranton
Elec
3.35%
Co
preferred
5%
Dec
4% Jun
14
14%: Jun
6% Jun
3
9% Dec
94
Feb
104
24% Nov
46%. Oct
Feb
27%. Jun
22% Jan
Feb
79
77
Dec
12
Mar
28%
4%
Dec
15%. Jan
14
Feb
37% Jan
83
May 18
10 <*
11% Apr
Oct
8
14% Feb
Jun
13
39% Jan
7 % Jaw
Jan
3
$ per share
t
*
•
6
$ per share
33%'
33%
*88
95
*88
92
88
88%
83
*78
83
*78
83
*78
y,~>
■
7% May
2% Jun
'
t\ \
.
'
' f-
•
■
'
-
55%
•
>'•
(Frank
Sheaffer
>
(W
A)
Pen
92% Feb
160
Shell Union Oil Corp.—
J un'
97>
'
Jun, 14
Jan
85
*84
xl3
80
Dec
901
83% May 21
91
Sep
98'
Apt "
8
7%
8 Va
15% Dec
26
Jun
95% Jan
10% Jun;
14% Feb
23
Jun
88 % Feb
14%» Jun, 14
Nov
July
104% Jiin
3% Nov
5
5% Mar
97% July
3% Jan
8% Oct
Jun
f
M ay
45% Aug
60-
11% Nov
7-%.Jan
Oct "
40
.
16% Jan
44r" Aug
42% Jaw
36% Mar
Dec
(
Feb
Feb
?
..
r
12% Dec
30"%'July
30% July
623/aJuly
Mac
53% Mhr
7
:'/\v
'
J
•
7%''
5
5
7%
5
82
'
26
38%
103/s
5
*4%
7'/4
1
3
14-
26% Feb
26
\
v
80
*78
78
78
10
25%':
26
25%
26
2,100
23%
24%
24
24
4,800
27
27%
27%
27%
4,500
27V4
-
*79%
81%
33%
5I/4
*80*
I per
'/..
9%
*12%
13%
100
33'
33%
3,300
5%
1,900
33%
33'/4
•
2%
100
16
South Amer Gold &
5%
6%/ />'
5%
5%
PRICES
•'
July 8
July 7
S per share
*97%
100'
420
12
11% r
T'1%
12
12
12
300
14%
15
98
15%'
147/a
-
20%-
15
4
4
7%
•.
98
3%
97%
7%
7%'
54%
53%
53%
*54
54V2
12%
12%
"12%
12%
*12%/
13
30%
;
30%
30 V2
30%
40%
*
41
41
411/4
41%-,.
31%
31%
31%
31%-
:
29%
29%
29%
29%
35%
36-
30 %
49
*=45
45
Southern
Pacific
No par
35 %
35'/4
36
Southern
Railway common—No*pah
preferred^
,
100
27%
27%
■T
27%
28%;
/:■ 46%
46-%
r
46%
47
66% Fteb
.
5%
»
California
Edison;
7
Co.
7
Spear & Co
Jan
Jan
Feb
13'-
29% Mar 30!
6% Jun
13;
10 % Mar-315:
64i
Feb
May
74
May
23 % May
21% Aug
20 %, Jan
23%. Feb
Jam
13%-J.Un
100
Apr
24
t
7
3
28
51
13
73
May
24%.Jan,
7
.
7 :
May.
103% Jun
4
22
$5.5o preferred
Spencer Kellogg & Sons
$4
Oct
91% Jun
17% Nov
86'
Feb
27% May
109% Oct
97%
Feb
121
Oct
109
54%
Jan
73
Jun
55
Jun
82
Jun
13
3r
98% Jan
3*
28% Apr 18
121% May 11
Jan
4
136
Jun
13
$3.50
'
'
•/
'-
'
Brands Inc
preferred
14
42% Mar 14
Standard
Oil
13.
74% Jan
26% Jan
7.
Standard
Oil. of
13
7
100*
MarlO;'
16% Jan
18
44
24
Feb
43% May
40/
Jun
7
41% May
13% May
X2 T
JUn
15
38% Jan
13
13
32% Mar
35% Jan
3"
97
94[
Jan
6
24%
Jan
3
12%
Feb
9% JUn
17
68%
14%
14%,
*27%
>
28%
"
102
29%
400
29%
5,500
I
3,400
35%
36
5,900
27%
27%
5,000
47'
47
*59
60
.
/-,
3%-
3%:
4
71
*67
*22
14'/2
14V«
*27%
29
28
:
71
22
23%
23%
2,900
8%
5,700
7%
66 V2
67%
66%
681/2
*13%
*14
14%.
28 "
28
'
102%
*101%
19%
1021/4
102%
19%
500
22
8%;
8
1,300
.
23%;: 24%
8%;
600
3%
4
•67
22%
24'
'
11%
3%-
.
70
22%,
600
60
ll'Vs-
4
22%
/ *59"
4
11%
11%
4%,
*101
1,100
31%
48%:
3%:
*67%
.!
31%
28%- 1
4%
8%
30%
42
-
„
191/4
300
661/2
310
14V2
28 V2
400
'
'
'
500
1021/4
"
».
110
19%
4,000
V
*
,
;
.
.
^>.19
of
^
24.%,'
116
No par
Indiana
par
25
18%
84%
* 84%
.
"
19%
24%,
24^
*116%
85
85
*84%
:►
116
■
25.
118%
*1141/2
*126
;•
".
128
127
127
60
61
60%
38
87%
38'/4
37%
64
63%,
23%,
23
23%:
65%
23%
100
38%
64%
65%,
23
5,300
100
61%
23%,
38%
62%
23%
99 ■*-•;
;
128
38 Va
37%
63%
22%
380
25%
117%
60%
61
62%
V'37%
'
24%.
*114%
*126
117
60%
127
-59%
8 61/2
85%
24%
25
19
6,200
6,700
'3
36% Nov
11% Mar
38% May
16% May
-•
102
com—No par
No par
Standard Oil of Ohio
39% jun
'
DAY
^
/
60% Jun
Dec
INDEPENDENCE
.
300
''
1
*125%
36% Jun
Feb
5
N<5
20*
23%
67%
par
I 8%
No par
53
88
8%
CLOSED
Standard Oil of California
35
10% Jun
'
May 11
67% Jan
8
92% Jun
9"
14
CLOSED
700
13
:-
11%:
*67
»
*411/4
100
54-%
30%
30%
23%
24%
No par
Feb
Jun
22%
24'
Standard G> & E Co $4 pref
$6 prior preferred
$7 prior preferred
*
Feb
12l
♦22%
.
71
STOCK
EXCHANGE
No par
69%
96% May
*67
STOCK
EXCHANGE
2
36%
Jun
4%
45%
54%
3%
•> 3%
1
.
Standard
89% May 12
18%, Jan
3%
*3%
No par
1
8,300
*12%:
11%
11%
400
3,900
7%
27%
*47
'
60
*59"
60
:
..
15,900
3%
'
•
10
35%
1
preferred
'
21% Jan
•IT
.v
'
Conv $4.50 preferred
No
Square D: Co
l
Squibb' (X R). & Sons common
.
30
♦59
-1
No par
.
17% Apr 25
100
Sperry Corp (The)
Spiegel Inc. common
71% Apr 28
16% Apr
6'
29 V4
common
31*1/4"
.
29%'
non-cum
7 ?
Mar 22
31
<_7.50
Mobile; & Ohio stock tr ctfs
9 :
40%
L25
15%
98'
*45
45
49
*53%
26
13% Jan,
7%
*45
7
Jun. 27
•-
3%
7%
4
50
preferred
conv preferred
13
10%,Jun. 20
15%,
*97%
97%
•
900
24
12
15%
'
*97%
■
23%-
50
5%%
6y« Jan.
jun
98%
•
5
97% Jun
15%'Oct
97%
32% Jun
24
?
98%
Southern Natural Gas CQ;.
685
Oct
10
98%
85%
7%
4
Jun
86!
31
22.%-JUn
23% Nov
*84V2
7%
3% May. 23
29% Jun
84V2
34;
29% Jan
Dec
84%
3%
8%.May
Jan
85%
3
59;
900
*84%
>
28%, Jan
7.
>. 100
24%
Southern
\
17%
20'%
*23%
5/.
49% Jan
17%
*20%
24%
7.
13
17%
20%
*171/4
24V4
3%
5%
600
20 %
98
Southeastern
106
98 »/4'
•11%
:'r'■■■'%
106
100
17,300
24%
98 %
■% J
*103
21
20
1
Platinum
Spalding (A G) & Bros Inc
Sparks-Withington Co
104
-
104'/4
17%
*17%
20%
700
30 V2
20
41% JUly
32% May
30%; Jun
Nov
17%
*30%,
1,200
23%
21%
20%
106
103
102
*84%
,
21
Shares
2%
*22%-
30%
*30
5
Dec
.
102
20%
;
30
2%
2%
23
22% ■'
7'J
Jan
14
V
20%
2%
2%
23
30
%
>
2%
23
the Week
t per share
Greyhound Lines
5
South Porto Rico Sugar com.No par
8%> preferred?
25
20% Feb
7% Dec
'■■■V 20%
5
29% Jan
Jan
Jan
/
36% Jan
61
73
Aug
30
*29^
Typewriters.No par
7%. Jun
Feb
2%
Sales for
Friday
Thursday
$ per share
23%
South Carolina E & G Co com_4.50
1
58% May 5-.
14 Va Apr 26
39% Jan 10
41
.
preferred
24
25% Jun. 14i
73
Jaw
20% May
.V-!;
.15
Socony Vacuum Oil Co Inc—
Solvay American Corp 4% pfd—100
5<
46%,Jun.'13- '
600
"
July O
23%
;;
■
4.20%
'
9%
12%
12%
Wednesday
t per share
t per share
share
*24%
*
81
9%
13%
33
■
81%
9
9
,*12%
5%'
19%
Corp
7
45% Jun
July
4,100
24%
July 5
—15
O)
Smith & Corona
70
200
7'/4
26
*78
-
33
*17%
(A
8
50% jun
600
5
7%
23%
27%
81%
Tuesday
July 4
10
May;
600
i.6,500
38%
10%
25%
/
27V4.'
5%
.20
8% May
'
1,200
8
*7%.
'
5
v
80
*78
,
"
4% Apr
13
133/4
7
7%
LOW AND HIGH SALE
Monday
No par
Co
5100% Jan
T
11% Jun
—5
Silver King Coalition Mines.
17% Jan
3
40
11
*10%
24
v;
July 2
17% Jan
.
84
40%
7%. /
•
38'/a
10V2
27 %
Par
100% Mar 25-
3
1,100
38V2
38%
24< * Smith;(A) & Sons Carpet Co com—20
3%%, preferred
3
100
'
30
13
'
13%
13%
13%
*51
101/2
*78
EXCHANGE
.
Smith
31% Jan
90
95:
84
86
37%
25%
Saturday
Sloss-Sheffield Steel & Iron-
13
38
v
8
'32%
Skelly Oil Co.
23%. Jun
600
20
*941/4
13%
13%
10%
A
-
7
Jan
94
*80%
95
*94'/2
38
*78
STOCK
7
Dec
11% Feb
.
,
v';-
■,
•
7
14
89
,3.
37 %
7
flTAniTfl
NEW YORK
25
20
Jun
79%
'
*4%
1
21% Jan
16% Jun
19
19%
801/4
10%
-
: ' •*
is
.
13%
.
127% Jan
'
25y»,Oct
!+
94
30 V4
,
13%
391/4
*12%
Sheraton'Corp of America
Apr 15
35% Jun
39 %, Jun*
,
Dec
95
8
'h
:'i
:
No par
15%
85
—15
Co
Sinclair Oil Corp
61% Mar
87%
9'/4
7
*
131/4
*3%
24
14.
56
94-
93
95
*94'/4
Nopal
1
G)
32y4 jun
22
13V4
*85
5
Feb
63
95
131/4
No par
15
Dec
56
56
*
93
79%
79%
95
No par
.
5,900
600
Simonds Saw & Steel
4
1,000
25%
1,100
7
4*
*55
30
10%
25%
-
41
36% Jan
Dec
56
55%
*92
*
79%
78
*10%
10 «/4
25%
40
July
65%
92%
*79
r
77
79
10%
251/2
z
39%
29
Feb
55 '/a
92%
'-j
:.!■<*/-• .V:;
V;
79
10'A
26
7,800
391/4
Jan
58%
10%
25'/4
6%
•
39
44
43%
80'/a
10%
25%
6% ;
6%
6%-
39
Dec
33% Feb
*79
10%
25%
-
No par
34
20%
8OV2
*79
6%
V2
1,000
Simmons
36
6
17%
7"
18%, Jun
20
'
•
513/4
$ per share
1
1,300
83
^7%
12'
25% Mar
6%
6%
1
4% Jan
Feb
-
*51
A
27% Jan
52
34%
34
-
17Va
series
6
39
8%
1
34
93
/;"
100
May 31
96
33 "Va
3,800
34
No par
22;
27%
33%
30
3,000
8%
'
1.75
May
Feb
8%
41%
40 >/4.
•78
5
36
:
8%
8%
4,000
112
*111 Va
'
;"
*88.
100
5
100
Dec
18
40%
500
23%
23 Va
23%
111%
401/4
'
3% Dec
23
23%
111%
40
8%
8%
8%
23%
38%
9%
■
DAY
Co—100
25
•
'
*
112
23
*111
•33
49
*9%»
9%
INDEPENDENCE
loo:
c
\
'38%
*47
49
*9%
51%
.
$ per share
I
/■''"V.
23%
112
•111
CLOSED
.
'
v
22%
EXCHANGE
CLOSED
*47
17%-
Range Since Jan. 1
Lowest
Highest
Highest
STOCK
.
EXCHANGE
Finance Co
:*'■
Lowest
9%
17'/4
Range for Prevlooa
Year 1948
48%
*9%
141/4
preferred
Shattuck
21
5
50
200
51%
10
30-
98%
14%
Mar 11
13
*97%"
48'/a
$4.50 preferred
No par
I
* Shamrock Oil & Gas
Sharon. Steel Corp
No par
Sharp & Dohme common
.No par
$3.50 conv pref series A—No par
7
.-
98%
'
29% Mar 31
4
10
98%
9%
1
8% Jun
46%< JuW
Dec
Feb
98 %
1,300
49%
Servel Inc common
5
17%
*97%
98
-
*9%
Seeger Refrigerator Co
5
68
38%
*48 %
Seiberling Rubber Co
31% May.
38%
51
5%
Seaboard
7
101% Feb*-
15
-22%
38
400
11% Jan.
13
Jun
*21%
37%-
♦21%
1,200
3
I
13
x23.-
22
37%
*17
11'
Jun
77
Feb
9
7'-,
24% Jun
Jan
30% Jun
30
21 %
37 %
16%
11% May 19*
6% Jan
T
»
21%
37%
11%
STOCK
Seaboard Oil Co of Del
47% May- 58% Apr 18
' Seagrave Corp
39% Jan. 8,
Sears Roebuck & Co
13
1,600
23
17
7
14
4,000
14%
36 % Feb:,
27
8%
51
59 % May
9 % Jun
600
4%
8%
16%
35% Feb
5% Jan
16
4%
4%
14
19% Mar 18
33% Jun
16
8
51
4
8% Oct
16
4%
100
10
12% July
8%. May.
16-
8%
16%
100
16% Jan
43 % Nov
19,300
11%
—
47% Jun
Dec
35%
Seaboard Air Line com v t c__No par
20%i Jun
Feb
35 %f
16%
100
Feb
Mar
35%
11%
(The) common—5
Feb
9%
35
•
15%
5
1,000
16%
No par
44
31%
14%
11%
pfd
26% July
62% Jun
Jan
530
14%
*
16%
-100
Co common
Mfg Co 3.65%
4.30%
preferred
20'
100
15
4%
'
11%
preferred
Scovill
8
:
105%
11%
—10
$3.40 preferred
13
91% Mar
>
93
>,
*16%
Paper Co common—
Scott Paper
6
Jan
29
46%
*91'
105%
105%
16%
1st pfd 4.40% series A
Savage Arms Corp
Schenley Industries Inc.—
7
95
12%
15%, Jun
•
May* "5:
30% Jaii
14
St Regis
7-
12% Jan
9% Jun. 14
Nov
39% Mar
88
9% Jan
1
3,700
5
series A- 5%
non-cum
30
800
37%
No par
(The)
St Louis Southwestern Ry.
5%
1,000»
11%
(Jacob)
Preferred
42% Jan 26
5,400
-
5%
*45
46%
4%
11%
St L-San F Ry Co com v t c—No par
25
13
13
;;{{■
*16
1
■
12% Jan
4%
100
37%-
-
93
•
105%
8
98
Ronson Art Metal Wks Inc new—1
Royal Typewriter
Safeway Stores common—
5%, preferred
St Joseph Lead Co
48%
•45
*91f
105 %
4
,'37%
—100
Ruppert
113% Feb
27
46%
92% ' 92%
105%
7%
*21
25
4% preferred series A
Ruberoid Co
-
7%
20
common
12% Mar 12 ;
'
;■
4
com—1
preferred
conv
23% May
3
Jun
July
Controls
*45
46%
92%
105%
-
♦15
No par
Rohm &.Haas Co
.
3
8
Jun
77'
37%
-
35%
31
91% May
15% Aug
35% May
37
35%
87,
Feb
37%
230
5%.
5%
5%
No par
5
16% July
Feb
37
5%
14%
48% May
139% May
8%
37%
'
14%
Feb
79
*5
300
2,400
19%
19%
*99%
100
14,100
93%
4%
4%
19%
*99
14%
Feb
6% Jun
v
5%
4%
♦19
100
14%
Jan
13% May
4%
19%
-
100
14%
67
Feb
4%
19 %
:*
1
13
20
98% May 17
13
May 17
Jun. 13
8
'
4%
Rheera Manufacturing Co
Richfield Oil Corp
41
'
35%. May 11
Jun
*91%
♦45
3
7% Jun
92%
105%
32%
8%
X92%
*91
25 % Jan
16% Jan.
91%
10
21
15
109% Apr
Jun
Jun
13
100
38% May
39% Apr 25
61%
12%
100
19% Jan
28
8% Jan,
12 %
series
13
Jan
12%
series
Robertshaw-Fulton
May
17%
12%
1
Week
Shares
96%
91%
19 %
36%
Roan. Antelope Copper Mines
18%
17%
96%
4.50%
5
JUn
18%
97%
12%
100
5%
'
share
17%
3.60%
7
16
113
4%
19
*99%
le
97%
Preferred
5 % Jan
Jun
91%
$ per
18%
Preferred
10% Jan
7% Jun
21% Jan
18% Dec
107% Sep
39% Feb
91%
Julys
1
97%
Common
23
21,
12%
17%
*94
6
21
72
Dec
8% Dec
11%
■
18%
95%
for
)■'
Friday
July 7
Mar 25
107
3
10% Jun
«•
17%
95%
,
1
10
13
27% May
Mar
share
$ per share'
92 % July
3-
96% Apr 21
17.
S per share
Thursday
I per share
July 5
46% May 27
7
36
Feb
Reynolds Spring Co
Reynolds (R J) Tob class B
,
15% Jun
12
July
29% July
8% Feb
6
x3% Jun
7% May -
t per
t per share
PRICES
Wednesday
July 6
Tuesday
100
24% Jan
Jun
4%
5 % %•- convertible preferred
13%Jun
Jun
19%
3
37% May 26
3
42% Mar:
103% Dec
24% May
Dec
17
26
6% Jan
.
85% Jan
Jun
103% Dec
18
Jan
23
102% Jan:
Jan
80
i '
If
5
103% Feb
•"
11% May
41 %, Jan
5% Dec
12
SALE
LOW AND HIGH
July 4
Republic Steel Corp com
No par
6% conv prior pfd series A—100
Revere Copper & Brass com—No par
5%%
preferred
100
Rexall Drug Inc
2.50
♦Reynolds Metals Co com
No par
7
31
99 % Jan
25
99-
.
Jan
16% Jan
•
28
Feb
27% Jan
110
14
18% Jun
8
Mar
'
5 :
29% Apr
104% Jan
Dec
19% Nov
92
Monday '*
Monday, July 11, 1949
RECORD
Saturday
July 2
-
'
S per share
> per share<
$ per share
t per share
22%
STOCK
J
STOCK
YORK
EXCHANGE
Lowest
Highest
■
103
CHRONICLE
FINANCIAL
STOCKS
Kiaft for Previsas
Lowest
&
Jan
Jan
7 ;
18
40% May 14
100
Jan
27
29% July' 7
7
14% Jan
New
Jersey
25
common
10
'
3%%, preferred series A
100
Standard Steel Spring common
1
4% convertible preferred
50
Starrett Co (The) L S
SterchU Bros Stores Inc
Sterling Drug Inc
3%% preferred
Stevens
(J P)
*98
:
15
13%
..'
99
v
13%
13%/:.'
*40%
41%,...
*98%.
13%
40%;
5,400
99
'
13%
;
1,900
40%
200
41
27%,
27
27%
;
*26%
27.%
10%.
10%
10%
:
10%
101/4
200
3,900
10%
98%
28%
10%
*10%
300
"
40
40%
*97
98%
287/s
29%,
29%.
29%,
29
29%
10%
10%,;
10%.
10V4
10 Vv
10%
1,000
11%
11%;
111/2;
11%
11%
11%
3,900
16%:
16%
16%
39%
-
29
10%,
Corp
*98
99
*27" .'
39%.
*97
13%
*40 Vt
39%
5
*98-
21,300
i.;
27%
*10%.
100
-
/
•
401/4.
40y4,
*27 '
1
Inc..
13%.
.13%.
/:
No par
common—
& Co
Stewart-Warner
"
T
*97
39%
98%,
39%,
39%
98%
*97
*
6,700
■
9% Dec
-
Dec
11% Jan
~6%
Jan
20
Jan
15 V4 Jan
4
17% Mar 14
18% July
29% Jun
12% Feb
25
17% May 17
Stone & Webster
16% Feb
10
21% Jan
28 % Jun
15
16% Mar
18
13
Studebaker Corp
Sunbeam Corp
6% Feb
7
.
Nov
11% Jan
91% Dec
98% May
70% Nov
50% Mar
113%
Jan
120
July
15% May
9V8Jan
3
Jan
8
52% Feb
117
Jan
9'
Jun
10
61
Apr
13
17
120
15
16% Jun
43
36% Feb
14
July
page
6
24.
18
26
26% Jun
July
7% Jan
Feb
21% Jun
see
7
94
18% Dec
For footnotes
33% July
13
Stokley-Van Camp Inc
'
5% prior preference
1
11%
11%,
20
common
16%
16%
*15%
16%
V
500
15
15%-
15
15%
2,900
18%
18%,
18%.
18%
18%
18%
.12,500
33
33%,-
33%
33%
*32%
14%
15
1
18%
18%
No par
—
*16
15 Va,
No par
33%
33%
7%
7
7
94
94
14%
33%
400
7
7
7%
1,100
96
*94
95%
'
90
9% Feb
17% Dec
34% Mar
12% Apr
1
July
6
14
11% Jan
8
8
17% Jan
13
13
19% Jan
7
47% July
8
Sun Chemical
Corp common
1
$4.50 series A preferred
No par
Sun Oil
Co
Sunray Oil Corp
*93
No par
pfd
55%
100
common
Class A 4% %
7Va,
*118 Va
94
553/4
120
55%
120
55%
120
10
6%
*94
55%
120
9%
-
9%
9%
9%
preferred
series
A
25
*15Va
15%
15%
15%;
15%
15Va
4%%
preferred
series
B
25
*17%.
18%
18 Va;
18%
18
18
43%.
43.
43
44%
45%
Sunshine
common
Biscuits
Inc
12.50
43
55
1,100
120
40
9%
10
1
4%%.
10
55
120
56
*117%
15
-
9%
15
*17%.
18%
45%
47%.
7,400
2,500
400
6,000
Volume. 170 "Number 4819
THE
COMMERCIAL
NEW
Range for Previous
V-j
Year 1948
Lowest
,
,
$ per share
NEW
'
Highest
t per share
YORK
Dec
140
113/a Mar
$ per share
Mar
13%
YORK
V
•
*■
•
,
105/a Apr
14
11
Superior
Oil
Superior
Steel
127
10
Jun
30% Jun
16%
Jan
7% Feb
25
9% Apr
26
Sweets Co oi
367/a
Jan
27% Jun
14
32% Jan
25
Swift
22 "
Dec
Jun
Jun
Jan
8% Jun
14
12
Feb .21
Swift
8 %
Nov
.
28'/a
Dec
'
8 3A
Dec
17%
Feb
26
79
Dec
,91
4% Mar
9% Mar
15
July
168
Jan
14% Jan
6
12
Jan
7
36
17.
17% Jun 30
•
24 y2 Jan
79
Jun
Aug
7% May
>
Jun
89
July
8
3% Jun
ll3/4 May
9% Jun
14
-
Talcott Inc
6
Va Jan
7
*
Telautograph
14
17% Jan
7
Tennessee
52
67
48% Jun
13
55 %
4
Texas
7
151/4
Nov
2
Jun
-25% May
7iy4 July
4
May
Feb
19
Nov
25
14
Jun
14
65% Mar 11
Texas
14
23"% Jan
Texas
Apr 25
65 3/4
36
Jun
16
46
Jan
3
Texas
10 3/8
x
48
Dec
May
May
7
45 %
Dec
203/e May
,8
Jun
13
11 Va Jan
7
Textron
133/s Jun
27
153/4 Jan
6% Jun
22
14 3/4
Dec
5'/4
Dec
251/4
Dec
123/B
Apr
51/4
Dec
34%
24
Dec
May
141/8
Jan
46i/4
-
33% Feb
Jan
4% Mar 21
43/8 Jun
Dec
13i/e
Apr
1% Jun
24
Jun
14% Jun
7
7% Feb
23
7%
Oct
10%
Jan
393/4
Feb
59 y2
May
85.
Feb
951/4
35
Jun
1
Mar
2
39
July
15
14
89
% Mar
■AVa
Jan
31 Va
Nov
21/4 May 23
23% May 19
Jun
19% Jun
14
25% Jan
3
1053/aJun
1
95%
Jan
104%
July
23% May
55
May
1023/4 May
17
Mar
40
Dec
10
Dec
13%
Jan
10
Jan
19
9%
Nov
223/b Mar
/10
Jan
4
151/4
Nov
5'/4
233/4
13% Jun
500
523/4
531/4
523/4
531/4
5,400
13%
13%
13%
14
13%
141/8
133/4
13%
2,500
59
593/4
60
60 %
60%
60%
60V2
60>/2
1,300
17%
17'A
17
.17 »/4
17%
17%
17'/a
173/8
3,200
40
40 3/4
40
401/4
3,600
19% Aug
25 s/8 Mar
19% Jan
5
*
16% Peb
13
24 Va
4%
24
5%
$6
20th
36%
Jan
32% Jan
6
100%
Jun
98% Jan
1.3
8% May
32% Jan
4% Jan
3
101% May 31
73/4 Mar 14
Jun
20
293/4 Mar 14
Dec
141/4
4 Va Jun
13
Jan
Dec
24
Jan
35% Jun
30
6% Jan
10%
*3
*101/4
l3/.
*3
3%
100
40%
40%
39%
*373/4
39%
*37%
39%
*37%
9%
91/8
91/4
91/4
9%
91/8
93/8
13%
13%
13%
13%
13%
13%
13%
13%
900
6 Va
6%
6%
6%
•6%
6%
61/8
63/8
1,600
30 %
*30 Va
31
*301/4
311/a
30%
301/4
*12%
13V4
*12%
13%
*12%
13'A
*12%
13'/4
*4%
51/8
5%
5 Vb
38%
38%
•
30
STOCK
-
STOCK
■
4
.
EXCHANGE
EXCHANGE
CLOSED
CLOSED
.1
*2%-
15
5
38%
87%
87%
2%
23/4
23/4
700
16 %
*15%
163/e
500
8%
38%
*3 Ve
3%
'3%
31%
«30%
21%
21%
213/8
83/B
37%
*36%
373/4
400
89
*87
89%
130
*87
3%
3%
31%
32
32
21%
21%
21%
3,400
1043/4
1043/4
220
1043/4
105
143/4,
15
14%
14%
143/4
38%
38%
38 3/4
39%
*383/4
103/8
10%
10%
10%
103/8
13%
14%
13%
14
13%
*11%
5
j,
conv
preferred
preferred
:no par
Co
7
11%
■
7
7'/4
{ 101
101
105
143/4
14%
383/4
383/4
1,400
103/b
10%
10%
2,000
14
13%
133/4
8,300
12%
*113/4
*101
2.200
12%
900
7
6%
101
10,800
101 %
70
2,400
5,000
10%
10%
10%
10%
10%
10 VB
10%
231/8
23'/4
22%
23%
22%
23
35%
*35%
*353/4
36%
*353/4
353/4
100
*99
*99
-
100
35%
100
99
99
100
5%
5%
*5%
53/4
*5%
25
*25%
26%
*25%
26%
*25%
27
10
5
4%
*43/4
5
900
5%
25
1
353/i
100
5%
'
50
100
39
231/4
•*99
par
400
14%
7%
101
3'A
23
.
No par
prior
City Rap Transit com__No
5% c^nv prior preferred
7%
101
3%
10%
par
$1.50
12
12
12 Va
7
100
213/4
_2
*100
8
8
,
*30%
3%
21%
No par
No par
Co
,
.'
32
105
105
*8
37
t
38%
89
*87
*30%
•
80
2%
16%
10
5
39
400
2%
No par
Bearing
Corp
39
38%
90
5
16%
*8
38%
DAY
,105
5
1,700
2%
com__No par
com.
*38
33"
38
8%
INDEPENDENCE
100
t
39
*153/4
16
*8
No par
com
5
23/i
15 3/4
No par
Coal
Coach
*10%
3%
40 %
Corp.No par
(The)
Century Fox Film com__No
Twin
10%
*3
41/4
9%
$4.50
7
10 %
•
40%
1
Twin
•
4%
*373/4
No par
preferred
Truax-Traei
May 16
Jun
92-;
,
*41/4
100
preferred
Roller
*
4i/4
'
Transcont'l & Western Air Inc
5
Transue & Williams Steel
No par
Trl-Continental Corp common/.
1
13
15% Jan
3 ?
Jun
Co
Transamenca
73/4 Mar 30
103
98% Feb 10
9% Jun 13
173/4 July
31% Dec
10
preference
Timken
.
100
53
Timken-Detroit Axle
,
103/8
511/2
—-50
Transit
Steel
$3.75
9
July
Avenue
$3.50
1,300
51%
No par
Tide Water Associated Oil
10
Mar
14 Vb
11
12 % Mar
; Jan
12
13
6% Feb
8
43% Mar 30
1
11% Jun
10% May
107% July
19
13
373/8 Jun
Apr
Feb
Nov
96
...
3% Jan
240
43/a
4'/4
50c
preferred
Thompson-Starrett Co
n
Feb
6,700
51%
4%
323/4 Jun 21
32%
19'/a
18%
80'/4
8%
143/4
preferred,
Thompson (J R)__
Thompson Products
19% Mar
18'/4
79
*143/8
common_
1 Third
13
18%
80
14%
No par
Co
conv
Thomas
7
Jan
181/4
79'/2
14%
preferred
9
45% Jan
84% Apr
1,200
18%
80
1
8
Mar
9
34% Jun
•v
8
Jan
8%
18'/a
80
14%
Co.
6
7% Jan
20
'
18 %
80y4
14%
common.:
conv
$2.50
200
2,800
14 %
etfs
Pacific Ry
Inc
Thermoid
19
8%
-7%
28%
14%
The, Fair
6% Jan
20
Apr
6y2
19
Jan
300
7%
28'/2
17%
Thatcher Glass Mfg Co common
5
$2.40 conv preference—No par
30
8%
8%
7%
29
3 %
13% Mar 16
17
471/8
•
share
&
$1.25
8%
8%
7%
28 y2
28%
10%
31% May 21
25% Apr 19
12% Jun 23
15% May
10 3/4 May
Sub
28%
300
24
3%
Pacific Land Trust—
48 y2
8
*7%
8
28%
*33%
10%
Producing Co
Gulf Sulphur
Pacific Coal & Oil
Feb
34
2,400
10
Co
29
34
5
:
Hi/4 Jun
7
34%
1,200
10 »/4
80
par
—9
Corp
16'/a Jun
17% Jan
*34
10
-41/4
(James)
56
Oct
34'/«
*7%
Corp
Texas
47
10%
*4%
Texas Gulf
Nov
Jun
lOi/a
Shares
9
137
I__—25
7
3/4 Jun
133/4 jun
5%
*131
the Week
share
8%
137
10 y4
28%
1,
:
135
10
8%
Corp
135
135
8%
34%
No par
Gould
8%
t per
10%
Ltd__:
preferred
Symington
135
8%
Sales ton
July K
< per share
10%
25
-
8%
Friday
July 7
t per share
8%
*127
America (The)__4.16%
19% May
Dec
8%
Thursday
July 6
Sper share
_10
.
Co
14% Mar
33/4
S per share
_50
Co
International
$4
7
103/4 Mar
Corp__
Paper
Wednesday
July 5
25
Sylvania Elec Prod Inc com__No
.
2
45% Jan
14
&
J per share
v
HIGH BALK PRICES
AND
Tuesday
10c
California
oi
July 4
,
Sutherland
<
7
Mar
Par
•:
Monday
July 2
•
23
(123)
RECORD
Saturday
v
Sunshine Mining Co—
197/a
<
CHRONICLE
LOW
STOCK
-
44 Va
Dec
31
235
7% Mar 25
STOCK
EXCHANGE
,
9
FINANCIAL
STOCKS
Range Since Jan. 1
Lowest
Highest
,
t per share
&
4%
*43/4
5
5
•
53/4
200
U
>•■*; 93/,
Dec
12
Jan
8Vs Jun
14
10% Mar 17
39
Udyiite
Dec
59V4
jun
391/2 Jun
17
46
Jan
Underwood
9% Mar
16 Va
Jun
103/4 Fe'j
12 3/4
Apr
6 ■'*
31% Jan
-'7 '
2.7%
Feb
37 Va
-
Nov
,
39% May
Nov
Oct
110
Feb
98
Jun
Union
Bag & Paper Corp—No par
Jan
7
Union
Carbide
Apr
4
Un El Co of Mo
94
Jan
13
92
Mar 31
94
Jan
13
Jan
86 Ve Jan
7
38% July
96V4 July
25 Vb Jun
13
;
3P/4
Jan
73% Jun
•
14
Apr
16 1
513/4 Feb
Mar 28
363/4 Jan
Carbon
No par
d
;
5
*/ r
22 Va
9%
>/'
Highest
Nov
*94
97
*94
.•
97
*90%
91
*901/4
91
>28%
29%
8,300
—50
.',783/4
79
78
78 y4
77%
78
76
771/4
2,300
50
43%
49
48
48
483/4
483/4
48%
483A
1,000
33
33%
33%
33
33%
33
33
Union
Oil
Union
California
of
Pacific
4%
RR
Union
Tank
Co
com
preferred
non-cum
Car Co
:
Range Since Jan. 1 '
No par
:
NEW
V
'
Highest
*t per share
,
30% May
•# per
share,
3
19
Jan
23%
Oct
19% Feb
103
Jun
16
23% Apr
27
104% Jun
10
6
Dec
15%- Jan
43/a Jun
28
7% Jan
12
United
Board
38% Jan
18
United
Carbon
Feb
38%
Feb
55
Feb
29% Jan
3
2 % Jun
13
3 % Apr
40% Jun
13
453/a Apr
Jan
3% May
Feb
9
Dec
82%
May
Apr
163/4
Feb
28%
37%
Jan
46%
2% Jan
33/4 Jun
.
Jun
15
Jun
Jun
Feb
23
11%
Dec
Dec
76
423/4
United
7
United
7
1%
543/4 Mar
16% July
21% Apr
12% Jan
.
24% Apr
6
Jun
20
11
94
Mar
6
7
13
23% Apr 18
23% May 16
7
100
United
Certificates
U S &
S
Gypsum Co
175
Jan
10
183 % May 12
6% Jun
6
8% Jan
24
Jan
7
5% Jan
14
21Jan
U
27
21 % Jan
7% ..preferred
21
43
13
113/4 Jan
3
73/4
Dec
93/a May
53 % July
7% Jan
19
8% Apr
18
Jun
13
49% Jan
52% Jan
12
86
Dec
37%
Dec
July
94
May
-
,
'38
-19% May
82
33
57
U
Leather
28
U
4
U
8
U
Apr
29
Jun
13
43
Jan
26
112% Jun
13
133
Jan
21
.37% Nov
58%
Jun
36% Jun
28
46% Apr
18
72
Apr
64% Jan
13
jun
1293/4 Jun
8
—
Feb
19%
Jan
181/2 Jan
Nov
42% May
6% May
383/4 Jan
.3
41/2 Mar
4% Feb
24
Dec
12 3/8 May
81/2 Jun
14
85%
Dec
98%
Jun
2%
Dec
6%
Jun
Feb":
150'
34
Apr 29
23/4 Jun 29
Jan
21
Jun
20
42
Feb
8
12% Jun
14
10%
Jun
33/4 Feb
25
231/2
Jun
193/4 Jan
17
170
May
156
Dec
15% May
7
70
May
Feb
273/4
9%
Dec
21%
Feb
15% May
26% May
footnotes
Mar
5
72
! y;
?
26
21% May 19
433/4 Feb
16
51/4 Apr 28
10% Mar 30
853/a Jan
4
25
Jan
&
Co
conv
Jun
S
Rubber
8%
common
No par
No par
Smelting Ref & Min
1%
preferred
U
S
Steel
T%,
7%
14
Co
United Stores $4.20
4%
25
1
Wall
Universal
Leaf
Tobacco
10% May 18
Universal
43% Jan
3
55% May 19
4% %
16
16'/a
161/8
16'/b
500
35%
35%
353/4
353/4
363/b
300
473/8
48
46%
47%
47'/a
8,500
16%
163/8
16%
16%
16%
48,900
20
20%
20 VB
2OV4
*20%
20%
800
11%
6,500
11%
12
*1#%
20
*183/4
20%
213/b
21%
*19
20%
*9o
DAY
Co
Oct
^ee
page
17
Jun
28
9% Jan
3
20% Jun
14
*96
24
*96%
95%
*6%
*
4%
4%
4%
4%
17'/a
16%
16%
15
15
14%
15
*7V4
73/4
42
413/4
38%
:
70
132
20 Ve
351/8
691/2
.*67
40
35%
-
*66%
353/8
353/8
1151/4
114%
115
310
*39%
40
4,700
41
68%
68
'
68
2,400
100
21%
213/8
213/4
39,600
132%
1323/4
500
19%
20 VB
20%
20%
2,000
20 VA
41
'
I: 4%
9 Ve
,
*78'%
■
2%
1
*13
13%
*13
4%
41/4
22%
20%
41
*41/
,
*165
9
*54'/4
41 »/2
*41
41%
10
4%
45/8
43/»
*4%
4%
500
9'/8
9 Va
91/4
9%
9%
1,000
82
82
3
3
£2
3
*79
3
81%
3
100
2,700
,
24%
*22
24%
*22
24%
133/4
*13
133/e
*13
13%
45/e
4%
22%
23
*165
166
9
9 Va
54%
54%
'
18 Va
20%'
*20%
173/4
173/i
13
101/4
.
SO
132%
*22
173/4
*87
1,700
21%
24%
55
3,600
132%
;
9%'
100
213/a
43
22
*22
9
58%
21%
133
;
166
58%
21i/4
"
*165
43
213/4
1323/8
"4%
2%
73/4
.
20%
2%
*7%
42'/2
90
115
40%
800
•v
7%
»
41%
*4%
*87
115
400.
2,500
583/4
213/4
,
35%
353%
1141%
38%
42 %.
*57
v
90
*87
*7%
,,
22Ve
21%
353/4 /
21%
59
*57
'90
'41
500
4%
17%
115
213/a
20%
20%
15»/8
2i3/4
*67
800
47
*20V2
17%
59
;/ZZv,*87
200
1,500
6%
*44
21
4'A
41%
.
21%
Van
6%
47
20%
15
8%
41
1
141/2
97
178
171/2
4%
*7%
132
7%
*177
15%
15
*57
7
*44
20%
;
17%;
*3%
r17
■:
20%
19%
1791/2
7
7%
47
*44
47
19%
V-Vv
7..
7
*44
/•".//
*177
179%,
179%:. -,.,*177
100
4,606
97%
*133/4
.-50
10
21S/8
14%
22%
—
20
213/a
963/4
24
Inc
.
*
14%
*10
Raalte Go
v
963/4
Vanadium Corp of America—No par
Van Norman Co
2.50
27
*19
'
213/a
97%
21%
14
11% May 13
Jan
20
*19
20 Va
97%
*54
25
*19
14
100
25% Apr
113/e
■
20%
95
*4%
preferred
46%
14%
223/4
com
12
*35
95%
1
Inc
-
;;
31/4
'
95%
■/.■:%
*177
'//'///
113/4
*19
97
*96
97
5
*13%
INDEPENDENCE
%/
-
21%
21%
100
Pictures
110
16
com.No par
preferred
10
1,600
48%
82
Laboratories Inc
Universal
Feb
83,500
5%
48
8%
preferred
Universal-Cyclops Steel Corp__.
8%
33/8
5
49%
*78%
conv
3%
5
2d pfd__5
2
270
••'47
No par
non-c
Paper Inc common
3,400
5%
9
preferred
conv
200
23/4
413/4
19%
37%
No par
com
preferred
Stockyards Corp
non-cum
United
30%
23/a
30%
2%
41
48 Vb
35 3^
100
3%
300
413/4
31
2%
401/4
33/8
19%
5o
50
preferred
30
|/500
v
49%
5 Ve
11%
114%
Coro ^ common—..No par
U S Tobacco
3Vs
19%
10
com
*30
2%
401/2. ;
35%
100
common
30'/2
2%
11%
r.
1st preferred
U S
$6
8
Co
335/8
35%
5
100
class A
33»/8
16
CLOSED
common^—
non-cum
United
7
Co
1,0^0
23
104
33%
16
EXCHANGE
preferred
,~~10
S Pipe & Foundry Co_—_____.20
S Playing Card Co
._—__;._10
S Plywood Corp common
1
3-3/4% pfd series A——
100
7
53/4 Mar 30
23% July
Lines
8
Mar 29
17% Jan
170
U
Mar 17
140% Jan
,
1
24% May 14
S
*22%
*103%
22%
104
16
CLOSED
No par
72'
*32%
"
14%
For
4
80
Dec
7%
88% Feb
13
20% Jun
140%
.
com
*69%
33%
19%
EXCHANGE
4%%
59% Feb
Jan
Dec
S
Partic
U
253/4 Mar
3
137%
—
Machinery
preferred
Industrial Chemicals
72
43/4
*40
3%
:
16% May 18
Dec
49% May
Hoffman
S
4% %
U S
10,50C
4%
47%
—100
.
12VB
4%
*48
No par
.
30C
12%
12 =/8
30 %
2%
3,801
105%
*32%
31%
Share
21
*104%
4%
5
STOCK
20
>103
20%
7
4%
_
48
V
-
STOCK
No par
common—
22%
22%
104
43/a
'.*15%
1
No par
*39%
4%
;
•
■
1
i
1st preferred
Freight Co
S
-
.
w
$4.50
U
15% Jun
58
interest
U
Jan
373/8 May
of
731/4
47%
1
1
Foreign Securities
12%
22%
40 %
3%
1
13 Va
Inc
Mfrs
8
Jan
Jan
&
12%
*103
33 Ve,
;
21
v
4%
—10
20
Jan
.
Sales for
(he Week
July 8
$ per share
,
105
*70
22%
23/4
20 3/4
1043/4
'V
103
*40
.No par
United Paramount Theatres wi
May 17
36
Feb
Mercb
*30
par
21Va
104%
\2VA
;
73 Va
22%
5
Improvement Co
173/4 Jan
21%
Feb
800
Friday
July 7
S per share
20%
12%
103
5
Gas Corp..
United Gas
104% Jan
Sep
Dec
Cos
Fruit -Co
United
,
Coal
13
Dec
Feb
29 3/e
Thursday
/
July 6
104 %
21
*71
100
28
Dec
Mar
V
12 Ve
lOo
Corp (T.ie)
Dyewood Corp common
12"% Jun
4%
4
301/s
PRICES
$ per share
1053/4
com—30c
preferred
X89% Jun
11%
49
Corp.-No
Stores
preferred
United
7
16
203/4
33%
7
173/a
22%
Fastener
Cig-Whelan
$3.50 convertible
2
May 25
17% Apr 28
3% Jun 13
16
X29%
Wednesday
.
*104%
No par
Co
Engineering & Foundry
183/4 Feb
Jan
8%
Unite
7,
"
..
•
4%
United
Jun
Dec
United-Carr
6
.
/
10
Corp
20
9% Mar 23
17% May
Dec
19
July 5
No par
Carton
&
39 Va Jan
Jun
19%
Dec
*33%
AND HIGH 8ALE
$ per share
No par
preferred
22
Jun
a.
S4.50
Electric
16
July 6
18% Feb 24
24% May
Jun
179
United Biscuit, of Amer
28.
United
May
54%
22
29%
Tuesday
'July 4
100
x44% Jun
1133/4
166% Nov
preferred
3
May
101
Feb
Feb
8%
Monday
I per share
common—10
22 3/a Jan
19
Feb
3% May
53/4 Jan
65
Inc
6
19% Jun
17%
Saturday
July 2
f per share
.15
10o
common
preferred-,
Lines
Air
4%%
26
Corp
Jan
21% May
37.
;:
34% Jun
58% May
Dec
3~2~%
;■*
3
22
Aircraft
convertible
United
333/4 Mar 17
24
Jun
48,
Feb
13
45
18 3/4
v
Feb
293/4 Jun
.5%.July
Dec
143/a Mar 29
74
United
5%
i
Mar 24
July
36
Nov
26% Mar 30
109
Dec
60
.
'
Par
61% Jan
63%
STOCK
YORK
EXCHANGE
-
■
90% Mar
;
129% Mar
29%
'
Nov
121
LOW
'
.?
Lowest
57%
39%
180
97
13
8
15,600
90%
30%
10% Jun
15%
4,400
373/4
I IO'/b
*893/4
Apr
92%
22 >/2
371/4
*94
19%
89
22 %
110 VB
373/8
90%
Nov
16%
22 s/8
111
97
14
4%
37
'llOVs
*94
13
2%
37
110%
*89%
20% Jun
2%
22%
22%
36%
110 Vb
No par
25
104% Jun
41
1,500
No par
Jun
29
400
1,100
12
series
110%
Va
27%
8 3/4
401/2
12
series
STOCKS
$ per share
Dec
103%
8 5/8
40 «/2
12%
/
■Z//1'
Year 1848
Lowest
8%
40%
12
$3.50
Range for Previous
$ per share
*8%
40%
12
22%
36%4 37
110% <110%
par
9
40%
11%
$3.70
'
i %;
22%
*85/a
40%
-
Preferred
15
■
&
pfd $4.50 ser__No
8%
11%
Preferred
1
31% Apr
5
89% Jan 21
48
31
513/4 July
41% Jun
//-
,-v
40%
11%,
22%,
5
Co_
42
90
Sep
Rubber
111
Feb
Nov
8%
40%
No par
&
6
Nov
793/4
Asbestos
13
Jan
21%
45 ?a
<
1
Corp
Union
17
107
80
f
(The)
191/2 Jun
Jun
91
Corp
333/4 Jun
43%
103:;
8 '
12
10
10
20%
20%
10
5%
5
23
23
166
165
91/4
8%
54%
54%
18%
18%
5%
231/4
165
9Y8
7,200
1,600
20
5,700
54%
60
1°V8
2,000
10%
10'/a
10'/8
700
21
20%
20%
1,100
24
Hirhsst
f per share
i
f per share
t per
,
July 1
'
15% May
10
Feb
16
13% Jan
6
29%
20
Jan
3
22VaApr
1
1 per
f per share
t per share
Par
share
19 %
85%
Dec
94
May
85% Mar
5
89
Feb
10
86
Feb
95
Jun
85% Jan
5
90
Feb
1
32%
Dec
48%
Jun
33 % Jun
Oct
96%
38% Jan
17
85
26
Apr
91
Jan
7
14% July
5
Jun
6
11% Jan
93
Feb
124% July
82% Jun
17
14%
Nov
15 % Jan
3%%
23
113% Jun
29
14% Jan
3
27 %Jun
23
15%
Dec
28%
Dec
29%
Nov
34% May
Dec
39%
25% Jun
25%
Dec
32%
Jan
23 % Mar
29
Apr
32%
Jan
30
66
Jan
45
Jun
6
Jan
12
Jun
30
38% May
Apr
14
21% July
1
32% Jan 12
29% May 11
24%
Feb
118
33% Apr
6
Mar
31
14
30
30% Apr
5
Apr 26
32
Mar 15
9
85%
*84
85%
*84
86 %
*86 %
89
*86%
89
*86 %
34%
*94%
100
preferred
11%
21%
85%
34%
34
*34
35
*34
96%
6%
*94%
97
*94%
87
*84
6%
6%
partlc preferred
dlv
*85
100
10
100
34
*94%
96%
6%
6»/a
*84
88 '/a
16 V*
16%
16 Va
114%
114%
114%
*114%
"20%
21%
21%
21%
*20%
25
25
5
20
20
Virginian Ry Co common
6% preferred
:
ViBking Corp (The)
Vulcan Detinnlng Co common
1ft preferred
13 %
114%
*27%
28%
28%
28%
29%
16
♦'
10
,
:
<•••■■■
89
ao
200
34%
97
6
600
6
*84
87
25
Virginia Elec & Pwr Co com
$5 preferred
pfd
Va Iron Coal & Coke 4%
1,900
V
86'/a
'
87
6%
6'/a
3,000
11%
21%
11%
21 VB
85%
Va-Carolina Chemical com—No par
21
Jan
17% May 16
3
Jun
Jun
18% May
117%
Jan
109
118
21
11%
21%
11%
21%
11%
21
86%
100
preferred
non-cum
Victor Chemical Works common—5
96% Mar 16
7% Mar
5%
11%
21%
11%
*84
Week
Shares
$ per share
S per share
1 per share
share
20%
Vertientes-Camaguey Sugar Co__6%
Vick
Chemical
Co
2.50
Vicks Shreve & Pacific Ry com_10O
Jan
gales for
the
July 8
July 7
July 6
July 5
Friday
Thursday
Tuesday
Monday
July 2
12% July
Dec
HIGH RALI PRICES
Wednesday
LOW AND
Saturday
STOCK
EXCHANGE
Highest
Lowest
YORK
NEW
Range Slneo Jan. 1
Year 1948
< per share
RECORD
STOCKS
B*a|« for Pwhti
Monday, July 11, 1949
CHRONICLE
FINANCIAL
STOCK
YORK
NEW
Lowest
&
COMMERCIAL
THE
(124)
T
5,100
16%
16%
114%
114%
*20%
21%
40
28%
23%
400
16%
115
21% '4,
29%
'
50
31%
31%
31%
31%
*31%
32'A
31
31%
800
"26%
27%
*26%
27i/2
26%
26%
26%
26%
300
*27%
28%
*27%
28%
*27%
28%
27
27%
100
*32
34
*31%
34
*31%
34
*45
47
*45
47
*
*31%
34
*45
47
W
57% Aug
12 Va
15%
Dec
35%
Dec
28
100%
105
Apr
July
1
Walker
6% Jun
9% Jan
7
Jun
14
15% Jan
21
14
94% Feb
3
5% %
4
Warner
9% Jan
May
Jan
12% May
3
Walworth
Ward
1
Warren
Foundry & Pipe
Warren
Petroleum
22
25 % Feb
14
Jun
14
22% Jan
27% Aug
23 % Jun
27
25
Jan
11
Washington
14
14
Jan
24
Waukesha
18% Jun
12%
Dec
20% May
11% Jun
16%
Dec
22
Sep
16% Feb
10
17% Jun
Dec
30 Va
Jan
11% Apr
21
6% May
3% Jan
3
15% Jan 25
5% Mar 30
13
Dec
3%
2
Wayne
Pump
Oil
Inc
Sep
34%
Aug
xl9% Jun
13
27% Jan
7
Nov
86 Va
Jan
78% Jun
30
84% Jan
24
26% May
16% Jun
14
23% Jan
21
West
20% May 14
115
Jun 14
West
Penn
19% Mar
13% Feb
14% Jan
19% July
3
114
Jun
108% Mar 22
Apr
119%
Jun
113% Feb
103% Mar
111%
104% Mar
*113 y4
117
25
May
8
110% Jan
13
6%
113
Jun
14
West
Apr
25
2
108% Jan
26
4.20%
1
4.10%
Nov
113
Jun
Oct
107
Jun
105
101% May
"
16 y4
Apr
22%
Feb
51%
Jun
100 ya
Feb
110 %
13% Mar
Oct
38%
35% Jun
104
Jun
5%
Nov
5
10% May
34 y4
103% July
20
West
24
West Va
Feb
11
Western
Auto
16 y4 July
8% Feb
22% Mar
38% July
21% Jun
14
29% Apr
8
Jun
13
30
Jan
24
6
68% Jan
26
Nov
36% May
58 y4
Deo
74% July
53% Jun
13
24
15
Dec
26
29%
Nov
39%
Jun
21% Jun
23%
Dec
33 y4
Jun
20% May 31
85%
Feb
95%
Apr
91%
Feb
101%
Jun
90% Jun ; 3
98% Feb 15
40%
Dec
25
80
Mar
83
92
13%
107
Mar 30
6
5
2
27 Vs Apr
26
16% Mar 30
3
25% Apr
5
55% July
Nov
28% Feb
8
6
X42% Jun
22
7% Jan
56% Jan
15
12% Mar 10
Nov
65% May
17% May
69
8% Jun
Dec
88 y4
Jan
70
Jun
Dec
19
Jan
10
Jun
Dec
18
Jun
14 % Jan
White
X138
Jan
Jan
$4
Woodward
Iron
Wool worth
(F
37%
Oct
22
Jun
2
34% Jan
49%
Jun
44% Jan
3
48% July
13%
Dec
25% May
11% Jun
14
15% Mar 30
X59 % Feb
24
Jun
10
*17 Va
17%
*17 Va
12 Va
12 Va
12%
4 Va
4Va
*107%
112%
*106
103%
77 '7 •'/'777:7,
;7 7^.7/ 7 7 .7 '
<
*14%
37
*105
20 Va
79%
4
20
17%
17%
18
19%
20
19%
113
*111 %
112
*116%
117%
V
„•
117%
109%
112%
112%
112% 7
112 %
112%
107
107
1C7
103%
103%
103 % v
*106
103%
14%
15
35
35
*9%
10% 7;
70
107%
100
103%
103%
150
36'A
36%
96% July
68
Feb 25
67% May 17
72% Apr
7
79
Jan 10
July
66
Feb
9
74
8% Feb
25
Deo
.
81%
Nov
58%
94
Jan
58
Feb
69
60% Mar
64
May
Apr
9% Jan
9
7
8
Mar
11%
Jun
22
Deo
34%
Jan
19% Jun
15
24
Jan
20
10%
Feb
16% May
Jun
13
12% Jan
7
Dec
48
24
65%
10%
10%
9%
*21%
22%
*21%
23 %
23%
23%
14
24%
24%
24%
24%
243A
22%
23 %
23 Va
23%
23 Va
94
92%
923/4
*93%
94%
94
*102
32%
*99%
23%
*22
23
23
*102
107
*102
107
*102
107
32
32%
33%
33
:
/
7
/
74
71%
*23%
24%
24%
25
25
14%
14%
14%
14%
143/4
21%
21%
21% 7
21
21%
55%
55%
*553/8
56 /
*55 3/8
56
*29%
30%
*293/4
30%
*293/4
30%
8%
8%
8%
83A
*8%
*29%
STOCK
4%
EXCHANGE
CLOSED
44
9%
72
I—No par
10
INDEPENDENCE
10
DAY
*10%
17%
*132
....
9
4%
4%
44
9%
17% 7
*71%
23%
23%
24
24
233/4
233/4
23%
23%
1,100
48
47%
48
; f--i 473a
48 Va
47%
48
6,100
No par
100
pfd 4%% conv series—100
12Va
12%
12%
12%
13
13
13%
13%
1,600
64%
65
65%
65%
65%
66
70
69%
Aeronautical
Wrlgley (Wm) Jr (Del)
Wyandotte Worsted Co
*69
Nopar
Nopai
£$7717
/
69%
1
8%
.28
193/4
193/4
1
60
8%
*32%
*17%
64
64
65
65
66
66
65%
65%
630
70
70
70
70 3/4
*70%
72
170
69%
693A
St
Towne
Corp
4%%
Mfg Co
common
preferred
ccnv
9
70%
701/4
*693A
70
8%
8%
9
9
8%
Young (L A) Spring & Wire_No Par
65V4
66
'
8%
500
20
900
V
20%
1,100
8%
8%
8%
1,400
33%
*32 Va
34%
*17%
18%
17%
17%
59 Vs
60 %
59 Va
60
8%
8%
34
*33
18
18
33
34
18
'
13
74
Jan
28
Youngstown Sheet & Tube
No par
59%
59%
14% Jan
6
Youngstown Steel Door
No par
11
11
11
11
10%
11 Vs
10%
21
Jun
28
32
Jan
7
Zenith
23
23
223/4
23
22%
22%
22%
9
4% Jan
15
Zonite
4Vs
4%
4 Vs
4Vs
200
22%
3% Feb
200
6,400
10%
July
asked
y
prices;
no
sales
on
this
day.
Radio
Corp
Products
tin receivership,
4%
Corp..
petition
or
has
been
filed
for
company's
reorganization,
Ex-rights.
.
Transactions at the New York Stock
Exchange
:r.
Stocks
Number
Railroad
Saturday
Monday
Tuesday
Foreign
Bonds
Bonds
■
-
_
$2,032,000
1,411,960
2,490,000
Bond
(Number
Sales
of
Shares)
Bonds
Week Ended July 8,1949
2,439,000
289,000
643,950
1,867,000
—
229,000
887,710
629,640
Friday
Total
3,573,260
$8,828,000
$2,298,000
288,000
Week Ended July 8
1949
of
1948
$20,000
3,573,260
4,232,050
•'.
''
Exchange
777/
Bonds (Par Value)
Foreign
Domestic
Government
Foreign
Corporate
116,689,404
Total
Closed
Saturday
Monday
Independence Day
Tuesday
135,870
162,740
70,000
$26,000
26,000
$12,000
Wednesday
Thursday
Friday
174,073
64,000
34,000
4,000
149,575
138,000
40,000
Total
622,258
$370,000
$126,000
$9,925,000
Jan. 1 to July 8
1949
shares
J
600
wd When distributed,
2,739,000
2,155,000
$5,000
sales,
2,733,000
$20,000
$5,000
$1,072,000
s Special
sale,
2,900
L
Stocks
Government
Bank
$266,000
.
' •'
r Cash
: ■
"
Total
Closed
_
delivery,
700
Daily, Weekly and Yearly
Bonds
Independence Day
Deferred
4 Va
4 Va
United States
InVl
of and Miscel.
Shares
July 8,1949
a
4 Va
Transactions at the New York Curb
Daily, Weekly and Yearly
Stocks—No.
60
9%
9
20
20
193A
19%
7;
28
Ex-divideud.
Wednesday
Thursday
L-riK :V
47%
10% Jun
6% May
Week Ended
3,600
10
Co
53% Jun
35
and
7
175/a
134%
Oct
89%
Dec
•Bid
100
11
17%
*133
100
10
Co
W)
Wright
18
^0
100
3,600
76
*10%
17%
5,500
9%,7
93/a
*72
134%
*133
134
7 50
1,000
4%
10%
17%
173/4
*132
2,800
7r-:k
44%
74
10%
10%
17%
133%
43/a
*433/4
93A7 77:
9%
74
*10%
11%
*44
9%
*71%
72
43A
44%
4%
4%
443A
*44
9%
500
2,000
9
9
60 Va
Feb
3%
Mar
270
143/4
2,1%
1,900
.
25
15
xl9% May
Deo
19%
20
17
74%
25
55% .7,
30%
CLOSED
•>«»«.
33
72
'
Prior
York
107
72 %
71
21%^
STOCK
EXCHANGE
200
23%
73%
7
40
200
100
*23%
•
Machinery common
Prior pfd 4%%
series
Yale
4,000
15,200
32%
33 Va
72%
24%
23%
'
*22%
23%
3,900
94%
*99%
100
*99%
100
99%
700
13%
243/a
23%
99%
800 *
61
13%
22%
*22
600
.
24%
*58
14%
14
14%
24
62
*58
59
*57
-
•7
22%
23'A
2,500
10%
22%
10
59
Deo
13%
39% Jan
16% Jun
Oct
37
x
30% May 13
May
15% Feb
8
36'/a
10%
*21%
14%
50
63/a
24%
*92%
500
1,200
107
6%
Worthington Pump &
x62
-4%
37%
14%
36%
*105
6%
36
35%
*35
30
,
*106%
106
6%
6%
6%
6%
50
/
112%
37%
37
106
105
105
100
•
116%
112%
14% : 14%
14%
37%
37 %
37%
106
112
109 Va
*109
109%/
103%
10,000
116%
;
109
107
1,000
20
111%
112
112
*116%
109
220
79%
19%
109
1,309
4,600
,18
18
20
1167a
4Va
20
79
79%
17%
700
12%
12'/a
4Va
20 V*
4Va
20
80'A
19%
*80
•7.
21%
preferred
17%
12 %
19%
*111%
2,400
18
20'A
116
100
7
Feb
Nov
*12%
4'/a
*55%
com
500
13
12%
14%
Co
600
13
15
23%
13
*17Va
17%
77
15'A
23%
14%
23%
13
13
80
40
15
14%
23%
13
17%
609
23%
14%
*23 Va
14% 7
23 V8
13%
No par
$4.25 preferred
10
28
400
I
Wisconsin Elec Power Co
41%
20%
1
No par
20
com
Wilson & Co Inc common
6%
*20
6%
Willys-Overland Motors com
1
$4.50 canv pfd series A—No par
21
20'A
19%
No par
12%
100
Co
Jun
20%
1
Wilson-Jones
133
4
20
60
preference
preference
Oil
20
*56
Co
Sewing Machine
Wilcox
20
24
conv
Prior
7,500
19%
./777777.H;/7'7
7
7//:7' 7/'
100
No par
No par
SS)
20
prior pref
Mfg (The
Motor
White
11%
17%.
\
12.60
Dental
18% May
5
77
100
Apr
2
13% Jan 17
14
21
128
13
conv
89
11
*23
Instrument
White
79
6
14%
Dec
8
4% Jun
com
Wheeling Steel Corp com
$5
13
89
11%
*21%
pfd series B
Elec
13
88%
11
79%
'
.
Wheeling Ac Lake Erie Ry
6
20
11 Vs Jan 12
7% May 31
Jun
11
May
12
12%
■
3.80%
30% Apr
19%
Mar
125
Jun
July
13
13
10%
»
Weston
18% Jan
31%
6% Mar
51
7
28
26
11
53% Jan
Feb
9
97% Jan
101% Jan
26% Jan
13
*88%
100
Brake
Air
*12%
11 Va
12%
class A_No par
Westinghouse Electric
3%% pfd series A
12% Jun
Feb
27 y4
Westlnghouse
13
88%
11
23%
A
series
7
July
126
Aug
Preferred
1,900
11%
No par
com
Western Union Teleg
7
Jan
22% July
24% May
Dec
9% Feb
x53
RR
Pacific
27
48% Jan 27
89% Jan 12
71
i
4%
Western
1,300
7 Va
12%
*17%
10
100
10O
Supply Co
7
88%
1
Inc
20
24
24
7Va
105%
12%
13
100
•
Maryland Ry com
non-cum 2nd pfd
34% Jan
13
23% Mar
7
Jan
Jun
29% Jun
A
Jan
27%
Feb
102
,
Oct
57%
Mar
23
.7 21%
Jun
July
115
Jan
37
May
20
Mar 30
17
May 31
B
Western
46 y4 May
25%
Lines
12% Jan
Dec
7% Mar
20
preferred
Air
41% Mar 12
24
series
23%
6%
300
1,000
89
*4
Pulp & Paper com__No par
Western
7% Apr
32% May 23
pfd
6%
7
23%
23%7
—
13%
27
26.%
,
7
23%
23%
*12%
13%
27
'
100
100
100
100
100
9
Virginia Coal & Coke
4% %
25
4%%
Power
preferred
17% Jan
*103%
14%
day
No par
com
preferred series C
41% Jan
108% Jan
Co
preferred
4
105%
105
23 Va
independence
No par
Penn
14
May 12
Elec
A
18
*103%
*19%
closed
No par
,1
preferred
Sugar Corp
preferred
Apr
100%
-
1%
103% Feb
105 V4
V
Class
2
Oct
107
„
conv
EXCHANGE
CLOSED
exchange
Snowdrift com—2.50
Indies
$4
stock
5
Co
&
26
104 Va
11%
STOCK
8
1
Tobacco
Wesson
No par
3
Corp
Mills
Knitting
*80
104%
6%
Gas Light Co—No par
Motor Co
5
Wayne
Webster
26%
*12%
5
7
32
34% May
Jan
*12%
*88
.1
10O
Pictures
Bros
Nov
12%
'26%
No par
Co
preferred
Nov
12%
26%
23%
No par
Baking Co common
20 %
*4o
12%
26%
105
100
(Hiram) G & W
xl9%
22
common
43
12%
*26%
*
No par
No par
preferred
24
xl2
Jun
14
Nov
4%
100
preferred
4%%
Co
Walgreen
8
1
29
21% Jun
16% July
*83% Mar
8
Jan
x87% Jun
Aug
101
29% Jan
13
105
13% May
8% Feb
10% Mar
Wabash
Waldorf System
9
May 19
101
27% May
*18% Mar
9%
25% Jun
Jun
RR
60% Jan 28
14% Apr
Week Ended July 8
1948
174,292,507
$98,000
1949
1948
$136,000
96,000
..
7
102,000
178,000
$16,000
$512,000
Jan. 1 to July 8
1949
1948
43,899,239
622,258
1,105,760
$370,000
Stocks—No. of shares.
28,915,604
$672,000
$18,502,000
$30,223,000
126,000
29,000
5,733,000
5,284,000
16,000
19,000
1,037,000
1,174,000
$512,000
$720,000
$25,272,000
$36,681,000
Bonds
U. 8. Government
International
Bank
Foreign
Railroad & Industrial
Total
$20,000
$18,000
$337,000
$571,500
5,000
40,000
796 000
3,248,000
1,072,000
1,186,500
49,990,370
49,665,180
.8,828,000
13,863,300
356,344,600
562,683,100
$9,925,000
$15,107,800
$407,467,970
$616,167,780
Bonds
Domestic
Foreign
government.
Foreign
corporate
Total
Volume
Number 4819
170
THE
COMMERCIAL
Bond Record
italic
letters
In
the
column
headed
WEEKLY
-
CHRONICLE
(125)
in
one
or
eacn
the
case
32d
more
of
a
month when the bonds mature.
point.
LOW AND HIGH SALE PRICES
Range for Previous
GOVERNMENT
Year 1948
Range Since Jan. 1
Lowest
Highest
NEW
Highest
101.11 May
Saturday
Monday
July 2
STOCK
July 4
Wednesday
Tuesday
Thursday
Friday
July 8
-
EXCHANGE
101.11 May
9
BONDS
YORK
Low
High
Low
July 6
July 5
Low
High
Low
High
July 7
Low
High
Low
High
101.4
108.28 May
108.13 Jan
108.13 Jan
26
110.23 Mar 11
101.18
102.23
9
Treasury
Treasury
1949-1952
*101.1
101.3
•
101.3
♦101.1
101.3
•101.2
3s
1951-1955
26
*104.17
104.19
*104.18
104.21
*104.18
104.21
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
•104.18
2%s
2%«
2 Vis
2%t
2 Vis
1955-1960
*109,14
109.18
*109.12
109.16
•109.12
109.16
*109,14
*103.17
103.19
*103.18
103.21
•103.18
103.21
•103.18
103.21
1956-1959
*110.22
110.26
*110.20
110.24
•110.20
110.24
•110.22
Dec
102.22
110.26
1958-1963
*111.22
111.26
*110.22
110.26
—1960-1965
*113.2
113.6
*113
113.4
•113
113.4
*113.2
2Mil
112.6
—1949-1953
*100.24
100.26
*100.24
100.26
*100.24
100.26
*100.24
Sep
100.26
2%s.
.1950-1952
*101.30
102
*101.30
102
•101.31
Treasury
Treasury
2 %s_
102.1
*101.31
102.1
1952-1954
*103.9
103.11
*103.9
103. ll
*103.10
2%a_
103.12
*103.11
103.13
1956-1958
*105.27
105.29
*105.26
105.28
*105.29
105.31
*106.1
101.3
♦104.9
104.11
*104.9
104.11
*104.9^
104.11
*104.9
104.11
110.23 Mar 11
Feb
102.23 Sep
102.31 Jan
104.9
101.7
Sep
101.11
Jun
101.19
Jun
100.24 Mar
100.25
Jan
100.26
Sep
100.24
Sep
101.12 Feb
Jun
101.7
14
3
Feb
Apr
100.23
104.9
Jan
100.23
3
Jan
101.19
102.31 Jan
14
Feb
101.12
100.16
Sep
100.7
Oct
100.27 May
102.26 May
100.7
Oct
102.1
Mar 11
101.13 Jun
9
102.26 May
100.23
101.14 Sep
100
Mar
101.7
100.31
101.7
Feb
7
6
101.28 Jun
30
100.28 Jun
Jun
14
102.30 Feb
100.13 Jan
Feb
100.17 Feb
9
100.21
100.21 Feb
101.13 Mar
Sep
101.18
101.19
101.8
*
—
6
9
101.18 Feb
9
"
111.24
•110.20
110.24
.1963-1968
*103.24
103.26
*103.24
103.26
*103.26
103.28
*103.26
Jun 1964-1969
*103.13
103.15
*103.14
2 Vis
103.16
♦103.16
103.18
*103.14
Dec 1964-1969
103.16
*103.7
103.9
*103.7
103.9
*103.9
103.11
*103.8
103.10
1965-1970
*103.1
103.3
*103.2
103.4
*103.6
103.8
*103.5
103.7
*102.31
103.1
*103
103.2
STOCK
STOCK
Jun 1967-1972
EXCHANGE
EXCHANGE
2Vis
Sep 1967-1972
CLOSED
CLOSED
2Vis
2V«s
2 Vis
Dec 1967-1972
2Vis
1954-1956
1956-1959
Jun 1959-1962
♦1U2.9
102.11
Dec 1959-1962
*102.8
102.10
*102.4
Sep 1949-1951
*100.5
100.6
♦100.6
100.7
*103.2
103.4
*103.2
102.16
*102.15
102.17
*102.17
102.19
105.6
*105.7
105.9
*105.9
105.11
102.19
•102.15
102.17
*lo2.17
102.19
103.10
•103.8
103.11
*103.8
103.11
102.29
*102.27
102.29
*102.29
102.31
♦105.4
102.16
*103.6
103.8
*103.7
102.29
*102.27
*105.24
105.28
*105.22
105.26
♦105.22
105.26
*105.24
105.28
*104 18
DAY
•
105.7
*102.27
INDEPENDENCE
102.16
*102.14
1951-1953
104.20
*104.17
104.19
♦104.19
104.21
♦104.21
104.23
102.10
♦102.5
102.7
*102.5
102.7
102.6
♦102.3
102.5
*102.4
102.6
*100.6
s 100.7
*100.6-
100.7
102.14
102.19
102.10
Dec 1949-1951
*100.15
100.16
*100.15
100.16
*100.16
100.17
*100.16
*100.19
100.21
*100.19
100.21
*100.21
100.23
*100.21
101.1
*101.1
101.3
•101.2
101.4
*101.3
101.5
♦101.22
101.24
*101.23
101.25
*101.24
101.26
*101.24
*101.27
101.29
*101.27
101.29
*101.28
101.30
*101.28
101.30
.Sep 1950-1952
.1951-1953
:
1951-1955
.Jun 1952-1954
*102.6
102.8
*102.6
102.8
•102.6
.Dec 1952-1954
102.8
*102.7
102.9
*102.13
102.15
*102.13
*02.15
•102.13
*102.14
102.16
1953-1955
102.15
*103.26
103.30
*103.28
104
*103.28
104
*103.28
104
1950
*100.16
100.18
*100.17
100.19
•100.18
100.20
•100.18
100.20
2s.
IVis
Bank
for
Reconstruction & Development
98.30 May
98.24 Jan
10
99.30 May
99.11 Jan
5
Jan
•Bid and asked price.
100.14 Jun
102.7
24
July
10-year 2 Vis
1957
*101.3
101.7
*101.2
101.6
•101.3
101.7
•101.3
101.7
25-year 3s
7
No sales transacted this day.; %2%
1972
*102.3
102.7
*102.2
102.6
102.3
102.7
*102.5
102.8
due June 1949-51 called June 15 at par, 2%
RANGE
Interest
New York Stock
Exchange
v
FOR WEEK
due September 1949-51 called Sept.
ENDED JULY
15
at par.
Last
Period
Sale Price
or
Bid & Asked
New York City
Range Sinee
Sold
Jan.1
No.
High
Low
BONDS
:
•
»•-
High
1980
J-D
105
fJ
/. :
63
105 % 106A
104
3 Vis Series No.
Week's Range
or
Friday's
High
*59'/a
64
*>;
-
—
*59'/a
W\l
60
—
58
65%
2
56
65%
4
58'/a
65
J-D
59J/a
J-D
*59 '/a
J-D
*59'/a
59'/a
59'/a
59'/a
Teletype.
Broadway, New York
NY
*59 Vb
J-D
62 %
62'/a
59%
59l/a
3Vis Series No. 26
J-D
*59 %
64 «/a
J-D
J-D
3Vis Series No. 29
120
J-D
J-D
3Vis Series No. 30
J-D
Brisbane
(City) s f 5s
Sinking fund gold 5s—
Sinking fund gold 6s
1-1693
Canada
(Dominion
of)
IAGtd sink fund
6s
AGtd
6s
sink
fund
1947
(Dept)
f-A
*61
__
4s
coll
4s
78
A
a-o
*61
1968
m-a
*89%
917/a
*40 %
43
1945
j-j
{AExternal
s
7s
series B
1945
s
f 7s
series C
1945
s
f
f
AExternal
s
AExternal
sec
AExternal
7s series D___
f 7s
1st series
f
s
sec
7s
1945
1957
A-0
f 7s 3rd series__1957
s
Antwerp
(City)
(Commonw'lth) 5s of '25-19.55
external
5s
10-year 3Vis
1958
:
_1956
A-O
1967
6 Vis
;
90%
f
6s
1955
s
f
7s
1955
of)
1941
j-d
external
8s
41%
37%
40%
1
42%
37'/4
"7
94%
90
(Int reduced to 3.5%)
s f 6Vis of 1926
Stamped pursuant to Plan A
(Int reduced to 3.375%)
AExternal
s
f 6Vis of 1927
1978
90
97%
14
89
957/a
90%
32
85%
*»«•
85
93%
90%
14
84'A
10
100 A
102%
106%
12
102%
112
120
115
120
(Int reduced to 3.375%)
(Central Ry)
'
1
V:'"'
—
71%
49%
49%
49%
6
45%
54
1957
A-O
67%
67%
67%
1
62
1979
J-D
50%
48%
50 'A
1957
A-0
1979
*65
--
A-O
1952
j-d
(Int reduced to 3.375%)
1979
External $ bonds of 1944 (Plan B)—
47%
47%
—
J-D
—
*48%
—
A-O
3Vis Series No. 1
7
~
48
7
—
51%
46
3 Vis Series No. 2
61
'
46%
—
62
'
54%
.
*
j-d
3Vis Series No. 8—
53%
3Vis Series No. 9__
10
j-d
j-d
3 Vis Series No.
*59 Va
■
'-**■**:
'
■
64
*59 '/a
*
'
*.«.
59%
12
j-d
awe*
j-d
•mmU'
t%s Series No.
J-P
—
M-N
*26'/a
1041/4
104%
107%
54%
59
3o
'
*59 Vb
59 %
80
64
73
72
59%
*61
♦53 '/a
59'/a
'an. —
'7,
591/2
59
37
28%
34%
28'/a
27
1
20
341/4
37%
26
29%
34
341/2
*341/2
37%
29
Feb 1961
F-A
27'/a
27%
J-J
341/2
34 Va
1
34'/2
37%
Jan 1961
J-J
26%
27'/2
5
26
29%
27 y«
5
M-S
A-0
*341/2
1962
A-0
1963
M-N
1963
M-N
26%
261/2
26%
5
1993
J-D
26
251/2
26%
58
3
*26 »/4
30
36%
26%
-Sep 1961
1962
29
35%
*34'/a
37
257/a
M-S
sinking fund 6s
26%
35%
—Sep 1961
s
ACblle
assented
f $
bonds 2-3s
29
A7s
69
58i/4
58%
28 %
*341/2
J-D
*26'A
A-O
*34»/2
34
37%
A-O
*261/4
26%
29
1962
341/2
-
27
'a—
60%
Munlc
58
65
59
a—
I
65
"
65
55 y8
66
;
29
M-N
*34'/2
35%
36%
1962
M-N
*26 »/4
26%
29
1960
M-S
*34'/2
35%
37%
M-S
*26
26 y4
29
1951
——
7s
(Hukuang Ry) 5s
J-D
»/4
*51/4
28
5%
For Financial Inetitutions
FOREIGN
SECURITIES
FIRM TRADING MARKETS
50 Broad St., New York 4,
73
58%
'
6
26
1960
assented
FOREIGN SECURITIES SPECIALISTS
73
37
*261/4
J-D
73
——
■
29
36
34'/2
J-D
Inc.
73
62%
26
J-D
■
69
73
1
37%
1961
assented
AChlnese
34%
34 %
1961
assented
Cons
29
29%
1961
..'AGuaranteed sink fund 6s
A Chilean
36%
25
1957
A6Vis assented
A6s
35%
26%
1957
63/is-__
fund
26%
-1961
Bank 6VaS
Mortgage
A6Via assented
ASlnking
25%
*34'/2
69
1
•w —
-a-
73
261/4
30
F-A
69
59
—
.
531/4
57%
——
*
3Vis Series No. 13
29.
102%
5
9
*341/2
59
71
57%
~2
65
—
j-d
3Vis Series No. 11
42%
65
•«
•
j-d
page
35
106% 106 %
71
63
—
62
»
.
j-d
3 Vis Series No.
71
——
j-d
For footnotes see
M-N
102'/a
71%
43
--
49
*61%
„
j-d
3 Vis Series No. 4—
3 Vis Series No. 5
*46%
__
j-d
14
101%
102%
55
60'A
26
69
__
j-d
3Vis Series No.
101%
09%
12
72
7
funding bonds of 1931 due__1951
Stamped pursuant to Plan A
7
J-J
A-O
AGuaranteed sink fund 6s
601/4
6%
:
Extl
.
--
A-O
Stamped pursuant to Plan A
(Int reduced to 3.5%)
L__1978
3Vis Series No. 3
A 6s
A 6s
—
98%
102% 102%
A-0
J-J
631/4
101
12
17
A-0
A6s assented
93%
—
101
1001/a 100 v*
101A 1011/2
1960
AExternal sinking fund 6s
92%
92
120
—
i-
60%
%
J-D
101
64%
65
>58
Jan 1961
f 6s
A6s assented
1031/2
19
Stamped pursuant to Plan A
A7i
103%
99%
106
106
65
59
'
F-A
1960
sinking fund 6s
AExternal
101
—
Feb 1961
A6s assented
41%
95
95
s
,60%
f
r
M-S
1954
1942
sinking fund 6s
A6s assented
AExtl
*59 %/
1942
sinking fund 6s
ARy external,
65
'
113
Stamped pursuant to Plan A
<
AExternal
7/
100 A 100 Va
j-d
S
(U
37'/4
5
89%
j-j
s
External
6
40%
40%
*91
m-s
External
41 '/a
93%
j-d
1949
37
94%
"
F-A
external
3
lOQi/a 101%
J-D
1962
40%
*40
——
J-D
1966
41%
♦102 »/a 103%
—*
100%
f-a
15-year 3%s
41%
37%
40
•—.
J-J
20-year 3 Vis
1957
37%
56%
64
1961
assented
AExtl
41%
1
3
401/a
——
J-D
10-year 3 Vis
20-year 3Vis
37%
40'/a
40%
40%
A-0
Australia
A6s
40 «/2
—-
j-j
series__1957
2d
62
93%
40'/a
j-j
{AExternal
-a.
j-j
{AExternal
62
81
—-
70
66
-
--
*61
1960
assented
AExternal
1948
(King of Norway)
fAAntloquia
IA7s
60
57
1950
(City) 8s
(Rep) External s f 7s
IA Chile
(Colombia)—
*59 y8
*59»/a
—'
65
2
3
«'
1958
25-year 3y<s
Agricultural Mtge Bank
«.>■'.
65
551/2
64
1957
ACarlsbad
Foreign Govt. & Municipal
.
65
55 y8
J-D
.4 7
65
63
—
3Vis Series No. 24
Members New York Stock Exchange
591/2
1
—
—
3Vis Series No. 28
2-2300
65
3
59'/a
3Vis Series No. 25
Wertheim & Co.
65
59'/a
3 Vis Series No. 27
Telephone
-
High
59'/a
J-D
3Vis Series No. 23
REctor
591/2
59 Vi
3 Vis Series No. 22
<
Jan. 1
Low
<
J-D
3Vis Series No. 19
•<
No.
Range Since
1
J-D
—
3Vis Series No. 21
Foreign Securities
Sold
"
J-D
17
3Vis Series No. 20
.
*
Bonds
Bid & Asked..
J: Low'
J-D
3Vis Series No. 18
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5,000
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8
Friday
Bonds
Friday's
Low
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a Odd lot transaction,
Week's Range
Friday
BONDS
S A Brazil
101.26
2s.
Treasury
—
10,000
100.23
♦100.31
10,000
100.17
Mar 1950-1952
2s.
Treasury
94.10 Jan
Belgium
103.4
*102.14
Treasury 2s..
9
Apr
9414
Akershus
103.28
*105.5
1952-1955
2s
International
3%
*111.20
104.21
2 ViS
Treasury
Treasury
Treasury
Treasury
Jan 26
__
101.18 Feb
1966-1971
101.1
ViS
2
Treasury 2 ViS.
Treasury 2Vis
Treasury 2Vis
^Treasury 23
Treasury
2s
Treasury 2s
14
Jun
100.21 Feb
J~a~n~26
101.8
;
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July
100.16
102.10 July
101.3
9
—
Oct
9
__
101.26 May
100.30 Sep
100.7
6
102.30 Feb
9
2Vis
2Vis
—1962-1967
2 Vis.
Treasury
Treasury
Treasury
Treasury
Treasury
Oct
Sep
Dec
102.19 July
20
100.2
Oct
—
100.31
7
102.13 July
100.4
May
Mar
100
100.21
Feb
2 Mil
Treasury
Treasury
24
100.18 Jan
3%s
Treasury
Treasury
Treasury
Treasury
Treasury
27
Jun
102.9
Bonds($)
109.18
1951-1954
105.28 Mar
Sep
Sep
Sales for
the Week
High
Treasury
105.1
107.4
25
YEARLY
-
Perlod"'%ndlcate
"Interest
Figures after decimal point represent
„
Lowest
FINANCIAL
New York Stock Exchange
«»
FRIDAY
The
&
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N. Y.
Teletype NY 1-971
5%
7%
26
THE
(126)
COMMERCIAL
NEW
Friday
FOR WEEK
or
Sale Price
Period
New York Stock Exchange
A
3s
Bid & Asked
1928
Jan 1961
1970
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1947
1946
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1952
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5s
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Cuba (Republic of)
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..
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*
39%
v';
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.
%
82%
82%
82%
30
77 %
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7
63 5/8
14
14
14
5
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15%
J-D
106 %
108% 109
4
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series
1960
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1942
J-J
1955
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gold
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gold
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1962
63
55
78
55
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20
81%
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10
74%
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64%
83%
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2
79
12
52
extl
(Republic of)
$
316s extl
s
f $
Jan 1, 1976
Jan 1, 1976
3s
f
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AEstonia
1967
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1949
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Greek
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part
paid
1964
part
paid
1968
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1960
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1977
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extl
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Italian
f
s
5s
f
extl s
l-3s
Credit Consortium
1962
—
—
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S A 7s series B
Italian Public Utility—
Ciedit Institute
External
A
Italy
A
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1%
1977
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1957
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to 3%
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i
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60
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1977
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•
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1951
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(State Mtge Bk)
(Colombia)
fund
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bond
of
1979
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($
3-d
1957
77/s
5
60
2
*100%
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conversion
61%
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3%s extl readjustment—.
1978
521/2
14
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1922
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63
31%
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62
1958
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assented
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1950
small
393/4
18
3 Vis
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Power
1st
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1972
J-J
31%
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mtge
Albany & Susquehanna RR 4%s__l975
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53
13
543/4
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—
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11
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41
—:
AND
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37
Amer
50
due
1945
Airlines
&
2s
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■" J-J
of
ass'td
1922
agree—1945
4%
4%
(assented
81
v
14
93/a
debs...
3s
^^^.1966
J-D
M-S
F-A
99%
conv
1961
3-d
debentures
1982
a-o
new
1910
1922
A6s
15%
7%
63/4
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7%
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4%
4%
8%
6%
6
8
_11963
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i
1913
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1933
(1942 agree)—1963
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s
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to
f
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reduced
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to
fund
48%
106%
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57
103%
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109%
108,%
106 3/a
10^,3
4s.
M-S
1959
s
Nat loan extl
to
s
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57%
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101%
997/a
mtge 5%
G
Series
38
26%
25%
......due Dec 11995
(2%%
6%
38
J-D
62%
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63
59%
73
May
41%
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42%
39%
52%
M-N
80
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V
J-J
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63
60 V4
1985
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66
1951
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.—1951
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'
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series
93
88
99%
95
83%
97 %
94 Vi
A__!
1980
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(3%%
97
fxd &
cont int)..1980
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lien
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&
ref
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4s
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ser
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"
J-D
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83
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93
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>;
Creek Extension
^1951
f 6s
M-S
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*19
26%
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19
1961
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19
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1958
a-o
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1947
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A-O
11
11%
1950
J-J
11%
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1963
j.j
10%
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j-d
gold 8s
8s
Stamped pursuant to Plan
;
(Int reduced to 2.375%)
2001
7Vis 1966 stmp pursuant to Plan A
(Int reduced to 2.25%)
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8
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15
15
10
16
*38
5%
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38
—
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30
—
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to
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to
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to
(Int reduced to 2.5%)
*22"
*
page
29
5
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.
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102
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105
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90 Va
98%
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93%
J-J
35 %
103 Ya
100%
__
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M-N
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99
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,
Elec Power
1st 3s
cons
National
golid
..1976..
J-D
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gtd 5s A_ ..1962
5s___.
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gold
4%s________
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gold
..1970 k
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105 y8
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-
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deb stock (perpetual)
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conv
Carolina
-
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f
J-J
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gold
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98%
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..1957
gold
102
*103 Va
i'
4V2s
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1
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Af-N
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51
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1930
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1999
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—
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1960
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54'/4
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55%
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44
46
33%
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55%
!
54
66
—
41
63%
66
2
__
72%
'
63%
10
41
63%
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__
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of
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ser
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i
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1.
...
registered
_
J-J
—1995
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t A Central of N J gen gold 5s
—1987'
a 5s
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registered
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,
4
102%
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1
99 V,
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■
75
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i..
66
■
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r.
„
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P
67 %
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A
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—1981
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mtge gtd 4s
25%
34%
—
A
J-J:
29%
53
m-N
1999
'
83%
46%
-
J-D
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1950
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.
A
2.5%
J,
Southern
Canadian
2012
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see
28%
1957
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footnotes
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.
A
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reduced
26%
2001
f
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74
/
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s
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reduced
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1952
8s
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v'.'T
1957'
....
1955
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1952
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.
^
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—
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1
*v:?
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1967 stmp pursuant to Plan A
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(City of)
31%
37
:
F-A
1954
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31%
*36
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:
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1966
1926
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A__
101 Ya
74
M-S
29%
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to Plan A
to
loan
J-D
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1976
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1968
1960
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90
-
a-O
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Canada
1949
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83
M-N
RR
modified
84
M-S
1955
1968
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99
97%
101
101,%
38%
7
*75
1967
1961
1950
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33%
99%
99
99%
:
(Ernesto) Co 7s_
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Bklyn Union El 1st gold 5s
California
*
series
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A
gold
mtge
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27
973/a
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40
,
2013
Grande do Sul (State of)—
8 A8s extl loan of 1921
II
mtge
40
-
98%
104 Va
M-N
Bklyn Union Gas'4s debentures.—1969
15
15
94%
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973/4
j-j
AC
series
(;•
2001
6Vis
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9%
141/4
39
—
J-J
1946
series
5s
4s
98 %
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J-J
—1979
121%
RR—
5s
mtge
1st
;
21%
A
(Int reduced to 2.375%)
to
21%.
17%
J-J
2006
de
reduced
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6
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mtge
1st
21
17
:
&
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30%
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Janeiro (City of) 8s
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Boston
25%
*15
1968
7s
assented
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40
95
100
119%
119% 120%
M-N
—1976
95
100
F-A
..1970
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Cons mtge ,3s ser K——r
j._'
.
19%
1940
1
19%
2d ser
f
94
103
1
20
i960
s
,
a
assented
sec
35
1st ser
f 6s
fund
82
102%
M-S
1959
110
89
92
__
1961
1964
73
80%
A-O
f debentures
s
Bethlehem Steel Corp—
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$
'74%
80
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1960
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3%s
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ser A
1%%
(
92
w-4*
—
due Dec 1 1995
income.^—.—Feb 12010
conv
63 Va
49%
fixed
contingent interest)
J
J-D
Pgh Lake Erie & West Va—
30
95%
2008
95%
fixed. •
(2%
contingent interest)—
627/a
94%
7s
88
63
95%
1947
80
83'/s
fixed
49%
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1970
»
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(Rep of) gold 6s
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For
37
53%
95 Ya
2.125%)
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(Int
J-J
39%
54
95%
1963
external
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(Int
38%
—
47 Va
53 %
A-O
1957
reduced
(Rep of)
(Int
J-J
55 Vi
53%
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■
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103%
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93%
94%
53%
25%
1967
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104 %
101%
93%
M-S
/
1994
(Int
93%
103%
101% 102 V*
101%
M-S
'
Ext sec ref 3Vis series B
external
103%
m-s
J-D
due Mar 1 2000
1956
SAPernambuco (State of) 7s
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A7s
115% 115%
M-N
122% 126%
109
115%
July 1975
B
ser
Beneficial Indus Loan 2%s debs
(Int
M-n
___1964
92
124% 125
due Mar 1 1996
*101%
external
A-O
July 1952
81%
70
K
>26
M-N
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79%
70
M
37
M-S
'
(Int
70
104 YA
Series
M-S
1957
f 5s
s
263/4
1953
AExternal
A-O
104
1023/4
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.—1965
4%s.
extl
26%
(Republic)—
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fARio
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103
Series
30
96
A
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102
16
13
.
11 Ya
Panama
A4Vis
#
777
104%
1.1%
38
1953
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103% 104
104
54%
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2008
f external
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109 5/a
104
104%
8 Ya
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A Peru
J-D
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A-O
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2.125%)
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extl
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(City)
3-d
48%
10 %
*9
A-O
2.125%)„_2008
(Kingdom) 3%-.
(Kingdom of) 4%s
s
99 y4
110%
9 Vi
*8%
"
3%
and 33/s%
6'/2s
f
reduced
fund
97 y4
94
103
contingent int)__July 1975
gen
and
(State)—
Netherlands
sink
973/4
93
92
3
26
A—
4Vis
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external
External
1st cons
5%
1%
Ref &
9%
9%
" "J-J
1952
Stamped pursuant to Plan
Norway
97%
114
.1963
4s ser A
mtge
and
8tamped pursuant to Plan A
(Int
97%
99 Vi
1033/4
99%
._^_i___1969
unified
1st mtge
(ass'td
"
ASec external
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101%
104 % 1053/8
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1st
•:££
(City of)
(Int
279
1023/8 103%
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J-J
■
6
Oeraes
88%
99%
jAAtlantic 8c Danville Ry 1st 4s__1948
§ASecond mortgage 4s_—
1948
Atlantic Refining 2%s debs.'
1966
8%
6 Ya
93%
94%
103
5%
*6%
J-J
94%
51
1973
Baltimore & Ohio RR— /
(1942 agree)
agreement)
New
11
92
32
95
1053/6
1995
Coast
i. 50
99%
92
3-d
4s
General
97%
.
j-d
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July 1 1995
Atlanta & Charlotte Air Line Ry—
11
11
.76
^
1987
debentures
1st
J-D
ASmall
AMilan
debentures
79
•,
.—1957
debentures
Ann Arbor 1st gold 4s
July 1995
A P W Products -Co 5s.._.
j.
.1966
Atchison Topeka Sc Santa Fe—
-
8%
1945
;
ASmall
'•
conv
96 s/8
.98
86 %
75
„
§ ATreasury 6s of
to
debentures—
23/4s
Atlantic
ass'td (1942 agree)_1968
(assented to
debentures
2%s
3s
;
99%
26
84%- 86V4 '
*973/4'
A-O
3Vis conv debentures
————1959
Amer Tobacco Co deb 3s_._—
—1962
J-J
80'/a
98 3/4
76s/#' 79V4
J-J
102
15%
69
99%
,78%
78%
1986
1980
1'01'%"
75
'
__
1975
;
103%
100%
-
104%
104%
1
deductions
debentures
57
104%
..
_.
*09
debentures—
„;.
ASmall
^
89%
*69
2%s
4%
Q-J
•.'*
1954
A4s New ass'td
•
88
k
53/a
7%
ioiv/2 ioiy2
—
2%s
to
agreement)
ASmall
i
6
-
..
2%s
:4y2
~
agreement)
A4s
7s
70
36%
11%
Q-J
-
(1942 agree)—1953
1922
.
90
4
60
7
9
1904
5 A 4s of
■
81%
107%108%
41%
28%
37%
100
ft 100 ft
4%
_
New
1922
;
87
89%
'.
...
A-O
:_195o
:
Foreign Pow deb 5s__
2030
Telephone & Telegraph Co—
General
ALarge
A 4s
,
86 %
82
79
*1043/4
'
,
American
;
-
1968
ASmall
? !
81
INDUSTRIAL COMPANIES
M-S
Mfg
33/8s
100
ALarge
1
130%
83%
7%
-•
.
A-o
Allis-Chalmers
ASmall
A5s
■
130
—
14
M-N
Alabama
-
16% : 37
40%
' M-N
1943
5A5s Assented to
-4
'
15%
93
90%
A-o
Southern
27%
31%
54%
A-O
~
>'
93
11
84
...
RAILROAD
1952
Great
ASmall
A
11%
6
89%
..
F-A
Alabama
101%
ALarge
A
10
34
*75
1958
external
83
1984
AAdriatic Electric Co 7s
65
20
#35
j-d
agree—1943
(Republic of)—
8 A 5s of 1899
Oslo
11
5%
11
*31
__
__
12%
10%
5%
53
Mexico
.-i
8%
13
*121
83%
F-A
Irrigation—
ASmall
4s
60
53/4
*126
*130%
__
__
D
•7
lOO'A
34
A-O
1954
ANew assented (1942 agree)—1968
f
68%
1937,—
1978
45
*91
__
M-N
3%-4-4Vis
*6%
„
23/45
7s
6%s
8A4'/2s assented to
:
59
38
8%
8%
„
M-N
sink
3%-4%-4fts extl conv_...
6
10%
*31
J-J
1952
Metropolitan Water Sewerage &
Drainage Board 5'/2S
f
66
55
59%
*13
2%s
,
|
58
48
—
8%
__
t-a
1946
sink
American
7s
(Kingdom of)
AMedellin
„
'
...
'
59%
..
M-N
1958
7s
AExternal
for
Public
A
2
■;■■■
High
Government—
Helsingfors (City) ext eYaS
•
12 Ya
*104 Vi
A7s
Irish
extl
77
10
45
*9 Vi
—
A 6s
-
extl
sec
a-a
56
;; 56
*56
*60
„
—
M-N
71
75 Vi
•
s
...2012
1962
assented
External
f
Jan .1
Low
(Kingdom)—
AExternal
—
s
extl
2% >
to
external.
B
External
Salvador
4s
*61
..
"'/V
J-J
County Council 3%s
SAUruguay (Republic) extl 8s
92Vi
92va
A-O
EI
1968
Sydney
External
M-S
J-J
loan
\Prov of)
A4%s
(int reduced
to 6%)
extended to
SADenmark 20-year extl 6s
secured
ASilesia
(State)—
Stamped assented
1956
2.25%)_:—2004
to
reduced
A8s
113%
104%
loan
reduced
Serbs Croats 8c Slovenes
79
M-N
1977
extl water
(Int
f
-82%
/
Range Since
Sold
No.
(continued)—
A6s extl dollar
47
47
68%
;
Bonds
High
Stamped pursuant to Plan A
41%
41%
*41
Friday's
Stamped pursuant to Plan A
■
M-N
1953
—1951
gold
Czechoslovakia
35%
39%
-393/4
1
/•'V
74
!
"•
(City)
21
44
*41
A-O
$
a 7s
i
73%
—
74
-
or
Bid & Asked
Low
78%
70
*73%
J-J
bonds—
f
s
I; 70
*41
A-O
—Oct 1981
1927
Sale Price
High
Low
No.
High
Last
Period
New York Stock Exchange
Jan. 1
Sold
.
Week's Range
Interest
BONDS
Range Since
(Republic of)—
of
external
RECORD
JULY 8
ENDED
San Paulo (State)
of
Os
A 6s
•
Monday, July 11, 1949
Friday
Bonds
Friday's /
Low
Colombia
CHRONICLE
Week's Range
Last
Interest
BONDS
FINANCIAL
BOND
YORK
RANGE
'
&
—
"
__
-
May
May
A-O
42%
__
J-J
55 Vb
Q-J
55
42
65
42%
17
'
55 Va
57
40
108
v*1033/8 l09
~
72
52
108'/a
103
49%
78%
49%
73
48
70
49%
49'%
54%
56 34
/ / 60
1987
J-J
49'/a
50 Va
39
1987
Q-J
49%
49%
4
Number 4819
170
Volume
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
NEW YORK BOND RECORD
RANGE FOR
Friday
Last
Period
Sale Price
Exchange
or
York
New
3s
Power
1974
A-O
Central Pacific 1st ref gtd gold 4s_1949
1st &
to Aug
3%s
mtge
,
1974
F-A
1968
F-A
1965
1 1949)
B
J-J
ser
gold 4V2s
17.;:
MS
M-N
F-A
101%
1996
Ref & imp M 3%s series H
R & A Div 1st cons gold 4s
1973
J-D
106
1989
J-J
consol
gold
4s
__
6
•122%
1958
&
&
ref
1st
&
J-J
1977
F-A
__1985
1st
1st
F-A
1970
F-A
ref mtge 2%s__„
ref
4%s
series
mtge 3 Vis
Chicago & Eastern
1st
B
mtge
111
inc
mtge 3%s
Ed El 111
yi09%
inc
mtge
103
109%
99
99
1997
J-J
1985
Jf-N
1982
A
120
1st
1st
1st
cons
32 Yb
A 1st mtge 4s inc ser A
Jan 1983
A 2d
mtge 4 Vis inc ser A____Jan 2003
Chicago Indiana & Southern
1st
Pac
&
mtge 4s ser A
4s
J-J
1956
J-J
RR—
:
:
v,y. ■'^!;:, y-
118
75%
87
60 y4
77%
--
1994
mtge 4J/2s inc ser A__Jan 1 2019
Apr
conv
0
IJ'H—
inc
Chicago & North
2nd
mtge
1st
O
B
-:y:'
V'
65 y8
977/s
99 y8
1989
.
51
52
36
48%
41%
42
19
47
47
47%
88%
126/
89
1st mtge 4s series A..1
1994
J-J
A_Jan 2019
Apr
Chicago St L & New Orleans 5s_._1951
J-D
AGen mtge
4Vis
conv
ser
Gold 3Vis
1951
1951
Memphis Div "1st gold 4s
J-D
f
107
47
25
1
106% 107%
v89y8
89 Va !
J-D
1st
&
ref
MH-4'As...
23/4-4!4s
Income
__^_1994
1994
J-J
76V5»V
67%
67%
mtge 27/ss
Chic &
G
ser
West'n Indiana
1st &
ref
1963
4s
conv
4 Vis series
J-J
..1963
:
.103% 104 7
'
1962
A-O
1978
mtge gtd y/es seriesE..
1st mtge 2%s ser G
City Ice & Fuel 2%s debs
1969
F-A
City Investing Co
Cleye Cin Chic &
1st mtge 2%s
102% 103 Vi
12
102% 103%
14
101% .101%
7
1st
102%
1st
gold 4s
5s
Ref
&
Cin
Wab
St
series
B
1993
&
Mich
Div
1991
Cleveland ,Union
&
A-O
Sou
Toledo
1st mtge 3s
f
A-O
105
A-O
102%
A-O
100%
1980
Af-N
Co—
'
•
1st
1964
103
"45%
-65%
45%.
~
104
5J/2s
series
101
Af-N
B
...1952
102%
59
104 %
82
84%
87
■99%
101
108 y4
110%
120
101
___^1973
x
108 y4108%
108 y4
J-J
•
4 y2s
series
D
*123y2
V-J
1976
ser
O
2000
2%s
mtge 2%s
ser
P
ser
mtge
2y4s
ser
mtge
__
Bay
1231/2
116
ptfs
&
&
93%
93
97
J-J
*92%
96%
92 %
94
1982
J-J
*83»/4
88 %
86 y4
Q
2010
J-J
1961
J-J
.
90
79%
79%
75
79%
96
deb
ctfs
A
I ,Feb
2
B
96%
94%
96%
62%
70 %
*65
IFeb
1959
series B
1
—
7%
7%
.A-O
1975
ser A
3%5 seris D
Collateral
*
7
10%
100% T03 %
*101% 102%
Ohio RR—
4s
ref
ref
trust 3%s
1968
1st mortgage
J-J
,___1976
3s
1978
debentures
95%
97%
*104
103
103%
*102 V'4 103'/4
-J-J
.
61
99
*97%
A-O
.1969
74
99%
48 y4
*97
Af-N
.
60
95%
54%
52
.Apr
.
101%
97
-63
*98% 101 %
.A-O
.
Jan 2044
Gulf States Util 1st M 2%s
63
J-J
1969
ser B
*99% 102
J-J
July 2015
Hackensack Water 1st mtge 2%s„l970
-
Hocking Valley Ry 1st 4%s_;___I__I999
-
101
102%
J-J
87%
Household
-
J-J
104%
105 y*
;
AAdj
96%
i....
■
P\
M-S
—'
108
102
106%
1st
99% 100%
23
98%
103 %
y'.;
Illinois
11
39%
50%
100%
El
98
—-
*102% 103% y
—
101%
-
—
.
M-S
1970
3 Vis
A-O
M-S
F-A
1955
4s
'
104%.104%
6
100
1st
gold
4s—__—
1st
'
100% 100"%
>/•
!■/--
■
■/ ;
100%
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*105
y
-
y
100%
1Q6
10
*107
105%
gold
3%s
1st
J-D
1999
gold
1965
3 Vis
New
F-A
.
107%
A-O
102
102
7
1951
.
Cairo
97
104%
'
102%
100%
104
103
*__
-J-J
*101%
.
103
103
101 y4
..
101%
103
.A-O
1951
>Af-S
*11
1952
^A-O
101% 101%
101%
7
1955
'.M-N
104% 104%
103%
105%
3%s._
.1952
'J-J
100
100
101%
I M-N
10V/4 101%
lines
trust
gold 4S
.1953
:
70
100
■100%
5s
1955
;
4%s"
...
Bridge gold 4s
Div 1st gold
M-N
105 V*
F-A
"
.1966
,81
105 y4105 y4
80 %
1950
\
J-D
*102%
1951
3s
"
J-J
*100
Louisville Div & Term gold 3l/2s_1953
105
81%
103
88%
103%
103%
100
._
101%
*100% 101%
J-J
107%
77
100%
100%
102%
99%
100%
104
102%
105%
Omaha
1...1951
"
F-A
104%
St Louis Div & Term gold 3s____1951
"
J-J
*100
1951
J-J
*100 y2101%
100 y8
102
3y2s.__1951
J-J
*90
101%
101%
F-A
101% 101%
101%
103
F-A
100
100
101%
101%
104 Va
106
106%
101
1
102%
103%
'5
104%
'M
--
25%
104
•
105%
106% 106 %
York—
67 y4
gold 4s
4s
Debenture
--
*102%
•V.
96
.19 Va
100% 100 W
*104
J-J
*1951
gold
trust
'Refunding
:
\i'. i5;:y
.55
J1951
:
sterling,..
3s
Collateral
'
J-J
1961
*105
A-O
1951
105 y8105%
105%
60
23%
:
•V
F-A
1978
79
58%
21%
82%
J-J
* "J-D
3J/2s
1st
Refunding
v
1981
__„1978
Litchfield
1977
of
Telep 2%s series A
Extended
103%
103%
•
84
'F-A
A-O
-
98%
Central RR—
Purchased
1973
J-D
^.1957
__Feb 1957
mtge 3s series B
Collateral
N
Corp
income '5s
Illinois Bell
Corp—
series L
Edison
i
104%
23
*98
97%
125%
,95
.
23
44y8
series A___1962
96%
121 y4
98
*124'%
101%
.104% 105%'
:
*97%
>Af-8
101%
97 %
7;.; 7
f 5s
s
Hudson & Manhattan 1st 5s A
!102%102%
J
1st
Corp :2%Si.__i._1970
■
101%
—
Finance
Hudson Coal
106 y2
104%
104%
Gold
Div
mtge 2%s ser A
1982
mtge 25/8s
ser
B__
1977
A-O
94%
3%s
ser
C
1972
J-D
100
100
100%
21
98%
100%
M-N
104%
104% 104%
6
102%
107>/a
101%
102%
100 Va
102%
7
1st gold
1st gold 4s
1951
Chic
St
L
&
N
r.
*99%
—
100 >/4
100
100
100%
O—
1031/2
105%
3s
Registered
104%
102 >/4
gold
;
Western Lines
97%
mtge 2%s
1st
Springfield Div
111 Cent and
ref
1st &
ref 3s
1st & ref
3s
series
mtge 3s
D
E
1979
Continental
Gas
Baking
Crucible
Steel
§ACuba
debs
1965
1966
1st mtge
Dayton
102
104
62
102%
63
101% 101%
*95
1952
45
29
*79
Union
Ry
26
26
30 y4
•
Lack
Delaware
Lack
1st
ref
&
A Income
Morris
1978
5s
Tr
Coll
B
Power
mtge
RR
&
J-D
1973
Af-N
•/?
1%
mtge
contingent
1973
*103%
102
91%
90%
&
ref
&
ref 2%s
3s
conv
3s
fixed
Int)
A Second
gold
—
Detroit Term
W 55
__1993
J-J
Apr
96%
100%
102%
& Tunnel 4Vis!
page
Northern
RR—
102
10
89%
•96y2
87%
48
12
68%
52%
r-
69%
103
y
y
90
1993
J-J
79%
79%
104%
106
106
8
87
91%
70
79%
1966
M-S
108 Vz
58
65%
105%
105 % 105%
M-S
'
29.
14
108% 108%
J-D
J-D
■-
108 %
*99 % 100 V*
108
108%
77%
107%
104 Ye
98 y2
Af-N
"
1
M-S
98
—
105 y4
109i/4
71%
96%
98
89%
100%
100 y4
-
69
59
74%
A-O
21%
22%
20 y4
26
1956
J-J
62%
63
53%
67
1956
A
J-J
62%
63
53%
A-O
61
61%
60%
71
M-N
99
99
97l/s
100
65
66
64%
77
96%
99 y2
68%
J-J
.'.1952
^Adjustment '6s series A
A 1st
gold
5s
series
July 1952
:
:
C-
SAInternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B
1944
-
1972
J-D
Jersey Central Pow & Lt 2%s
Af-8
1976
*99% 103%
67
Kanawha & Mich
1st
1st gtd
gold 4s__1990
City Power & Light 2%s__1976
mortgage 27/sS
1978
Kansas
1st
City
Southern Ry
mtge 4s ser A
-
1st 3S..1950
...
1st mtge 3%s series B
7.1975
:1968
Kansas City
Terminal Ry 2%s
1974
Kentucky Central gold 4s
1987
Kentucky & Indiana Term 4y2s_771961
Plain
1961
;
J-D
J-D
A-O
A-O
J-D
'A-O
J-J
-J-J
-J-J
1961
1964
1st mtge 3s
tAKreuger & Toll 5s ctfs
102 y2
100%
104 y4 104%
103%
105%
99%
104%
99%
101 %
*101 Ve
*114%
—
__
114 %
101%
114%
52
100
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98
100%
108
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*
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114%
*
-
%
173
103
103
1
108
-
180
180
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If-8
.
1959
96
101%
102%
*104
<A-0
Koppers Co
96
100%
102% 102%
100% 100%
104%
J-J
1997
unguaranteed
7
101 y4101 y4
102%
J-J
—1961
Kings County El L & P 6s
4'/2s
82
*75
A-O
•
101%
103
1
%
2
107%
116
180
105%
66
70
89%
98 Ve
*89
87
99%
104
''
1961
,'98%. 98%
93%
110
8
25
.
100%
82
U—
...
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93%
102
90%
73%
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93%
99%
101% 102%
"V"
56
78
104%
29
■"'
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86
79%
.93%
'!
92%
87%
79%
J-D
1986
94%
87%
$3'
93%
104
104
■"
91%
58%
59%
*65
see
Great
series
C___
94%
35
106
J-D
■
6s
35
*103% 104%
1995
footnotes
1st
4s *ser
Stamped
Det Tol & Ironton RR 2%s ser B—1976
For
A
30%
.102%
1982
4s
"
^International
ser
30%
'
•*68
■'
JJ
2%s
25%
y '■:/.
63;"
J-D
—.1958
.—.—
1950
& Imp
Ref
V
78
J-D
.
Indiana 111 & Iowa 1st gold 4s
Indianapolis Union Ry Co—
.
1
■
•
*48
1st lien gold 4s—1995
f.
793%
31
1970
G
series I
debentures
-Detroit & Mack
J-J
Ry
80
(4%%
series H
Gen
1970
Terminal
2
*75%
.y
•
A-O
_1977
Detroit Edison 3%s series
Gen
A
Illinois
79
—
(3%
779%
j" A 1st.5s series B
*102
102
Af-N
2018
Salt Lake
&
Income
J-D
36
RR—
contingent int)
Denver
J-D
„
3Vis
A
J-D
1963
26%
5
32
*104
Af-N
1993
Light 3s
ser
1963
..1063
5s
mtge 4s ser D
Kansas
mtge ser A (3% fixed
1% contingent int)
"
mtge
series A
95%
1st
A Income
ref
series C
ref
52
Co—
C
ser
tr
.! /
__
Af-N
May 1 2042
coll
.;
1st
1st & ref 4'/2s
'1st
47
*100% 100%
/ V-
A-O
1963
division
&
i
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div
Rio Grande West
&
1965
1965.
4-6S
^Delaware
J-D
*29
——
Joint
'
Jamestown Frankl & Clear 1st 4s__I959
due
Essex
j-j
'
A-O
1978
4s extended
West
M
r»tge
J-D
1973
''
30%
J-D
1946
;
Western
&
J-J
1946
debs
&
&
'
v'.%
101%
93%
81
30%
•
J-J
-
3 Vis ser
2%s
Co
&
'•••?
99
10 y
;
99
*41
29
''h'IV- -/s-'
99%
,,
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■
102 %
J-J
j-D
3s series A
Delaware & Hudson
1st
■
96
22
98 y4
'
Dayton Pr & Lt 1st mtge 2%s
1st mortgage 3s
;
Denver
r
;
99%
107 ya 107%
107%
,
J-D
rets
§A6s series B deposit receipts
Y
*103
M-N
1942
5Vis
§ A Deposit receipts
§A7Vis series A deposit
N
M-S
Ry 1st
1st
§ A Deposit receipts
ACuba RR 1st 5s gold
Deere
A-O
mtge 3Vbs
Northern
3s
27/8s
99%
*97%
J-D
1968
1975
23/4s
1st mtge
9S7/8
J-J
1963
ser
Natural
Consumers Power
Af-S
J972
debentures
conv
Consolidated
1
118 %
;
•93%
R
& West
Mobile &
3s
117% 117%
J-J
A
T
Gen mtge inc.4s
4
tJ-J
__1990
62%
1st & ref
1st &
7
104%
101%
;
3 Vis
44
A-O
1971
_
debentures.!
& ref
--'
mtge
1st
£:
1st extl
Cigar
1st mtge 2%s_1965
Co
ser
1st
yl
Conn Ry & L 1st & ref 4Vis
Conn River Pwr s f 3%s A
Consolidated
Consolidated
103
-46%
86 Vi
Ry—
Ohio
1st mtge 3s series
s
M-S
68%
Commonwealth 'Edison Co—
3s
103%
45%
83%
78%
„
97%
1974
Columbus &
*105%
__
1977
Electric
Columbus
103
*102%
•45%
M-S
deposit
V Gen mtge inc. 5s
95
.50
105% 106 Vi
—
1961
debentures'
&
J-D
•101Vi
3Vis debentures
Columbia Gas System, Inc—
3 Vis debentures
3s
-
54%
:
79%
1973
1st mtge & coll tr 4s
Gas
103
-J-D
-
_»I974
65%
50 %
50%
'.F-A
4Vis (stamped modified)
•Colorado-Fuel & Iron Corp—
Columbia
"
99
.1972
Terminals
Southern
J-J
5?%
_1950.
1st mtge 4 Vis series Ci
&
of
Af-N
1961
-_JI959
3%s
Gulf
/•*':\$j -:
1st mtge 5Vis series A.
1st mtge 5s series B
Colorado
.M-N
1982
1st mortgage 3s
Cleveland & Pittsburgh RR—
Series D 3Vis gtd
•'Cleve Short Line 1st gtd 4Vis
■»
J-J
1990
4s
coll trust 4s
Cleveland Electric Ilium 3s_
;
58
92
66%
57%
66
J-J
1970
Div "1st
1st
66
debs
3s
Greyhound Corp 3s debs^.
102%
'•■:' 79
1
F)
ADebentures
111
99
83%
72
99%
*100
mtge
AGreen
102 Vi
96%
83%
M-S
Gen
106%
102%
*94
J-D
1977
impt 4'Vis series E
Louis
101
—
1971
^
Gen
/
101 %
106%
1
,
99
57
Louis Ry—
St
General
>
J-D
J-D
*109%
J-D
1961
debs
F-A
1966
1993
4s
1974
:..'!•
7—
& Rub
General 5s series C
104%
101%
100
(B
General
•
mortgage "2%s
1
Cincinnati Union Terminal—
General
—
mtge 3'/4s
Gen
103
102%
—
87 %
99
*99
Gen
72%
101
J-J
Cine Gas & Elec
80
7Af-S
Gen
102% .106%
.
—
M-S
1975
.
89 %
80
80
J-J
1953
H_^
"Northern-Ry Co—
General
»
6
102% 102%
80
'95%
•
77
5
7
;
J-J
1952
D
104
J-J
:
82%
-*83 J/4
v
1st mtge 3 Vis series F__.
98
82%
'M-S
\>:\i
102
67%
Chicago Union Station—
1st
— —
74%
"1
59%
98
82%
-
103%
'4>
— —
67>/b
76%
J-J
58%
98
104
98%
101 y4
Chic Terre Haute & S'eastern
Ry—
59%
J-J
2000
G
ser
ser
ref 5s series A-
Goodrich
107%
>.
102%
V
*99%
~
106 %
.J-J
.
M-N
Great
91%
88%
*99% 101%
103
.A-O
.
:1990
-
'
...
1st
A Certificates
■<
106
14
1
105 y4
103
104%
!1956
59%
86%
y-;23: !;
90:/.yy;:;
102% 102%
112%
105
65
•
Chicago Rock Island & Pacific Ry—
;
niy4
„
General Realty &• Utilities Corp—
A4s conv inc debs
1969
38% ;' 54
J-J
"
103%
52
42
Apr
Jan 1 1999
T964
Francisco Sugar coll trust 6s.
94 y4
84; i
—
Div
A 1st &
t
Ry—
inc 4 Vis
ser
84
101 y«
■
Jan 2015
tFlorida'East Coast 1st 4Vis
51
Apr
Jan 1 2044
Western
conv
mtge 3s
B
ser
45%
33
1
14
.
iJ-J
Gen
4 Vis
46%
34%
401%
100
__
103
F_
ser
mtgo j3Ves
mtge 2s
Firestone Tire
r
'U:'-
46%
99%
46
120%
83%
34%
J-J
High
11
4
,
75
58%
;; ■
Jan. 1
07%
46%
8
1
Range Since
Low
5
„
*103
,i1
A
ser
A-O
A-O
mtge 3y4s ser-E
cons
98%
■
Chic Milw St Paul
cons
71
120
/
*103 %
1965
.;:
7
,
1st cons mtge .3y8S
101 ri
75
*79%
—
*111%
*145%
71965
*
Gen mtge inc 4y2s
.
,
94%
34
120
J-J
J-J
33
*71
M-N
1988
Jan 1 2038
4V2s
33
Chicago Ind & Louisville Ry—
*
stamped
98%
1
.
99%
101 Vi 101%
.Af-S
.
Erie Railroad Co—
my4
97
*95%
Sold
No.
48
.'M-N
.
.1970
5s
111%
109
18
%
.J-J
.
J995
cons
El Paso & Southwestern 1st 5s
110 Vi
6
109 y4
1st
gold 5s
122 Vi
■
(NY)
Elgin Joliet «Sc Eastern Ry 3%s
Ohio
5s
B
Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series
AGen
_1956
Bonds
High
48
F-A
(104%. 106%
118
110% 110%
io3 %
V
RR—
conv
ser
<110%
y
99
_1977
101%
*109
J-J
1961
J-T
; 101%
23
debs
2.35s
East Tenn Va &.Ga Div 1st 5s
97
97
127
Chemical
.1937.
128
10
17
105% 106 ■>.! ;<
Friday's
or
Bid & Asked
101 '%
7
lOOVi 101 Vi
*121
7
Last
Sale Price
105 Vi
100
124 Vi 125 Vi
Period
101%
..103
,
Interest
■
,t§ ADul So Shone. & Atl gold 5s
Duquesne Light Co 2%s
,
General 4s
AGen
101 V'2
99%
Chicago Burlington & Quincy RR—
-
99%
Dow
-
10
f,Jr
j
Low
103%
;
BONDS
High
100 Vi 100%
-
J-J
1989
Ji
103
*101%
1992
-
Low
■
•'j.
*:'■
New York Stock Exchange
•102 %
99%
103
1996
2d
9y3/4
-i'.
•
Jan. 1
__
*101%
Ref & Impt M 3%s series D
Ref & impt M 3%s series E
.•
No.
-
Champion Paper & Fibre deb 3s
■Chesapeake & Ohio Ry—
General
F-A
Range Since
Sold
series A
ref
(4>%%
1st
Bonds
High.
*103 %
Week's Range
Friday
Friday's
Bid & Asked
Low
Central
JULY >8
Week's Range
Interest
BONDS
New York Stock
WEEK ENDED
•
211
; ",
73>%
64%
71
96%
88
105%
89%
Laclede Gas Light 4%s conv debs—1963
Lakefront Dock & RR Terminal—
1st
mtge si 37/«s ser A
Lake Sh & Mich Sou gold 3%s
3%s registered
..1968
1997
1997
J-D
J-D
J-D
82 %
„
113% 114%
82 Va
*71%
82 V8
81
96%
80
74%
90%
i
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, July 11, 1949
NEW YORK BOND RECORD
RANGE FOR WEEK ENDED JULY
Friday
nterest
BONDS
Period
New York Stock Exchange
Last
Sale
Week's Range
or Friday's
Priee, Bid & Asked
Low
Lautaro
A 1st
Friday
Bonds
No.
Week's Range
or
Friday's
Range Since
Interest
Last
Jan. 1
Period
Sale Price
Sold
Low
Low
High
101% 101%
5s
series
C
w
A 4s series D
i
w
103%
1
"101%
25
6%
3
27
2%
23
98'A
6
"50
96
97 %
46
106
107%
—
106%
11'A
5
100%
63 %
35%
46%
28
35
14
'i
__
22
69%
100% 100 %
»„
2003
106
75
97%
103%
101%
104%
9
108'A
109
4
128
128%
112
112 %
107%
105
108% 108%
2003
8
15
105
106
100%
106
2003
A
48%
7
106:
2003
i
69
33 Vs
50% ' 50%
*95%:
2003
A4%s series E wi
High
56
100% 100%
20($
i
Low
6%
Lehigh Valley Ry Co NY 4%s ext-1950
Lehigh Valley RR—
4s stamped modified
2003
4s registered
2003
4%s stamped modified
2003
4%s registered
2003
5s stamped modified
2003
w
Jan. 1
;'i;
2%
stamped
1®&4
stamped
1964
5s stamped
1974
Lehigb Val Harbor Term gtd 5s—1954
mtge 4s ser A w 1
Range Since'
Sold
No.
128
.1970
5s
cons
Bonds
186
5s
4%s series B
High
1975
income reg
Lehigb Coal Ac Navigation Co—
8 P mtge 3%s ser A
Lehigb Valley Coal Co—
Gen
Bid & Asked
Ltd—
Co
Nitrate
mtge
High
8
5s series F
w i
*70
73%
128
61
Lehigh Valley Terminal Ry ext 5s_19fll
Lexington Ac Eastern Ry 1st 5a
1960
Liggett & Myers Tobacco 5s
1951
Little Miami gen 4s series A
1963
120
103
12
ALombard Electric 7s series A
1953
26%
1951
106 %
1963
102 %
104
106%
95%
101 %
25
108 %
97
56%
50%
Lorlllard (P)
3s
Co deb 6s
debentures
Louisville Gas & Elec 3%s
106%
1966
1st Ac ref mtge 3s
Louisville Ac Nashville RR—
10
108%
& ref
M
8
2003
1st <fc ref M 2%s series G
1st & ref M 3%s ser H
Louis Div 2d gold 3s
2003
77%
2003
97%
8t
Atl Knox & Cine Div 4s
'
83
i960
79
*108
977/8
108%
101%
dt Co 2%s debs
1973
Maine Central RR 4%s ser A
1960
1st mtge Ac con 4s ser B
1954
Manatl Sugar 4s sink fund—Peb 11957
Manila RR (Southern
100%
67%
71%
61
SAlst guaranteed 4a
Ohio Edison 1st mtge 3a
97
Corp 1st mtge 3s
1966
Metropolitan Edison 1st mtge 2%t-1974
Michigan Bell Telephone Co—
tOgdensburg dt Lake Champlain Ry—
91%
61
Mead
95
85%
1973
debentures
101%
92
Lines) 4s—1959
May Dept Stores 2%s debs
95
95
95% 103%
92%
1951
-
61 %
88
81
26
—
Macy (R H)
3%s
;
7
*87%
3%s series P
64%
54
72%
4
1971
1st
85
1Q8%
103
72
112%
123%
106%
128 %
»_,
74 v'
98%
100%
102%
103%
11%
1974
mtge 2%s
Oklahoma Gas dt Electrle 2%s
103
100%
1941
1st
12
10%
99
99
16%
100%
103 % 103%
1978
103%
96
99
95
98%
105%
1st
_1975
3%s
mortgage
*98% 100%
1978
Oregon-Washington RB 3a aer A—1960
1988
Michigan Central—
■
Jack Lans Ac Sag 3%s
1st gold 3 %s
:
1951
*100
1953
100
Ref
■
1979
Ac
lmpt 4%s series C
67%
Michigan Cons Gas 1st mtge 3%s_196V
1st
mtge
2%s
98'A
*104
1960
IIA Midland of N J 1st ext 5s
Minnesota Mining dt Mfg 2%s
100
*102
1st dt ref 3%s series I
101%
Missouri-Kansas-Texas
Prior
lien
5s
series
,
*
103% 104
101%
ref 2%s
1981
98
1st
1991
..
General
4%s
195S
General
5s
2000
General
4'As
1956
1986
1978
*80
101
*104'A
1961
1974
New
jersey Bell Teiepnone 3%s
N J Junction RR
gtd 1st 4s
New Jersey Power Ac
Light 3s
New Orleans Great Nor 5s
A
New Orleans Ac
Northeastern RR—
A 1st
A
4%s
Hew
5%s
Ref
4s
Ac
Ref Ac
series
101%
1986
deposit
A
1964
deposit
A
—
—1998
2013
2013
1967
1997
3%s
3%s registered
1998
1998
Mich Cent coll gold 3%s
1998
3%s registered
1998
Chicago As St Louis—
Ref mtge 3%s ser E
1st mtge 3s ser P
Connecting RR 2%s
1980
1980
ser B
N
1975
Y Dock 1st
gold 4s
N Y Ac Harlem gold 3%s__
Mtge 4s series A
2000
Mtge 4s
N Y Lack
series B
2043
Ac
West 4s series A
1973
B
1973
1951
2043
29
'
106%
*103% 104%
100%
103%
*104%
—
f-'
104%
104 %
—
59% *
58%
60%
52
101% 102
104%
103
101% 102%
69%
102
103'A
12
99%
102%
9
100%
102 %
114
114%
113%
116
f.96
97%
'95%
106 %
1968
100
101 %
96%
110
1981
87
88'A
85%
101%
101'A
series D
1984
& 86%
88'A
••84%
1953
98%
99%
98%
1988
76
76%
75
3%s series P
mtge
debentures
conv
dt
Eastern 4s
1963
ext
1960
4s
109% 109 7/8
50%
Apr 1990
♦11%
1974
*103%
1980
100
1974
series
5s
B
1057/a
100'A
1st
106%
51%
*114
102
87
50
12%
10
104%
—
100%
111
61%
16
104%
96
—
100%
114
116%
106%
110
1977
1961
106% 106%
2
104% 105%
26
104% 106%
dt
ref
2%s
1971
*100% 101%
99%
101%
1st dt
ref
2%s
—1967
102% 103 %
20
100%
103%
ref
2%s
1974
101 % 102
17
99%
103%
103
103%
*106%
.
118
1st dt
ref
2%s
1981
101
10
99
103'A
1st
ref
27/es
1978
t§APhilippine Ry 1st a f 4a
1937
-
103
103%
103%
106
103%
—
103%
Certificates of deposit
Phillips Petroleum 2%s debs
Pittsburg Bessemer dt L Erie 2%s
Pgh Cine Chic dt St Louis Ry—
101%
Cons gtd
103'/a 103'/a
102%
2
103%
105%
102'/a 102%
13
100'A
104
101
*101% 101%
101%
102
101
102%
1964
1996
4s series P
1953
7%
7%
7%
A
*75
98
dt
7%
1
7%
10
102'A 102%
8
101%
103
*96%
7%
10'A
.97
99%
105
107%
—
105%
105%
—
103'A
1957
*105%
1980
*103%
Cons gtd 4'As series J
1964
1963
98%
3
*102% 108
Cons gtd 4s series G
Cons gtd 4s series H
Cons gtd 4%s series I
108% 108%
*108'A
—
103%
108%
113%
110
114'A
Pgh Cine Chic dt St Loots RR—
Gen
mtge
5s
series
mtge
5s
series
Gen
mtge 3%s series
A
B
1970
1978
■
1975
Plttsb Coke dt Chem 1st mtge 3%s_1964
Pittsburgh Consolidation Coal—
3%s
debentures
Pittsburgh
Steel
1968
1st mtge 4%s
102% 102%
1958
99%
Pittsburgh dt West Virginia Ry—
1st mtge 4'As series A
1958
1st mtge 4%s series B
1959
82'A
83
1st mtge 4%s series C
1960
Pitts Youngstown dt Ashtabula Ry—
1st gen 5s series B
1962
82%
83
1st gen
5s series C
1st gen
4'As series D
Pittston Co 5%s
Potomac Elec
1st mtge
1st
3s
100'A 100%
*106% 1067/a
1977
1983
1984
1st &
ref mtge
ref
1st
Ac
ref
TPf
&
3%s
mtge 3s
mtge
mtge
*__
108
*102% 103'A
*101%
8s
3r
99%
106
100%
107'/a
106%
108
102
102%
101%
104%
-J
1951
99%
_il96J
Elec
debentures
1st &
1977
mtge 3%s—196fl
3%s
3s
2%s
Service
82'A
1964
Providence Terminal 4s
Public
81%
1974
inc debt
Pwr
1st mortgage
1st mortgage
1st, *
For footnotes see
page
99
103
1960
A
Gen
deposit
of
series
series B
General gold 4%s series C
Philadelphia Co coll tr 4%s
Philadelphia Electric Co—
r.
D
of
97%
105% 106%
—
mtge 4%s series K
Conv deb 3'As
General
105
103%
99%
*100
1963
mtge 3%s
4%s series
89%
99%
103%
117
103'A
1983
1986
3%s registered
Lake Shore coll gold
N Y
103
*104% 105
N Y Central Ac Hudson
River RR—
New York
„
117% 117%
1974
deposit
of
95%
104'A
Pere Marquette Ry 3%s ser D
Phila Bait dt Wash RR Co-
Ry—
impt 4%s series A
lmpt 58 series C
General
117%
1966
York Central RR Co—
Cons
8
98%
1988
C
series
Certificates
—
84
1984
of
series
Certificates
A 1st
A
series
101%
_
101% 102
1952
series B
Certificates
A 1st
A
5s
84
5
1982
Certificates
93'A
1st dt
debentures
A
-
100%
Peoria dt Pekin Union Ry 6%s
1984
B
debentures
A 1st 5s
99
Peoples Gas Light dt Coke Co—
—1967
Naugautuck RR 1st gold 4s
New England Tel Ar Tel Co—
u
97%
99
Gen
i
1970
Ref & Imp 4%s series A
New Orleans Term 1st
gtd 4s
INew Orleans Texas Ac Mexico
96%
103% 104%
—
;—1965
Gnn
1958
,
3s
97%'
100%
104%
1953
Cons sinking fund 4%a
1968
Nat'l Distillers
Products 3%S—
1974
national Steel
Corp lsi mtge 3s—1968
3s
98
98%
103%
.
A Income
series
95
100% 100%
—
1982
—
f gold 4%s—1958.
98
*104% 105%
„
•
1978
s
97%
'100%
1987
A3%s conv income dabentures__1960
Pennsylvania Co—
Peoria
4'As
.
1988
—
—
—
Nashville Chattanooga Ac St Louis—
1st mtge 3s ser B
1986
National Dairy Products
2%s debs-1970
3s debentures
gtd
1st
debs
—
3%s debentures
3%s debentures
3s
1st
Tel 2%a
1980
1982
1988
R
Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power dt Light Co—
1st mtge 3s
1978
;-3s s f debentures
1988
Pennsylvania RR—
1981
National Supply 2%» debs
Q
ser
Gtd 4s series E trust etfs
1980
Cocstr M 4%s series B
Mountain States Tel dt Tel 2%s
3 %8 debentures
,
3%s
'104%
Pennsylvania-Central Airlines—
1949
Morris dt Essex 1st
gtd 3%s
Constr M 58 series A
.
M
Paducan dt 111
1978
Moh'k dt Malone 1st
gtd gold 4s
Monongahela Ry 3%s series B
Morrell (John) dt Co 3s debs
■
ref
2%s debentures
3%s debentures
V
1977
H
&
Pacific Tel dt
•
,
dt ref gold 5s series
A 1st dt ref 5s series
I
series P
1st dt ref 2%s series
1978
A 1st
.
103%
104
104
1969
4s
103%
102%
1977
1978
1st dt ref 5s series P
A 1st dt ref 5s series G
AConv gold 5%s ser A
101%
101%
1979
^Missouri Pacific RR Co—
A General
103% 103%
102% 103
1974
1st dt ref 3s series N
,
1963
A 1st dt ref 5s series A
104%
1st & ref 3s series M
1st dt
1963
A
104%
102%
1st & ref 3s series L
A—Jan 1967
i
106%
102%
4
,
40-year 4s series B
Prior lien 4%s series D
A Cum
adjust 5a aeries
.
106
103% 104
103% 104%
I
\
RR—
A
*106'A 107%
1971
i
62
102%
Minn
St Paul dt Sault Ste Marie—
1st mtge 4%s lnc ser A
Jan 1971
/ A Gen mtge 4s tnc ser A
Jan 1991
Mo Kansas dt Texas 1st 4s
1990
1970 ;
ref 3s series K
1st &
80%
49%
49
1960
1st dt ref 3s series J
.
100
102% lUJ%
102%
♦—
Pacific Gas dt Electric Co—
107%
98
104%
*45
1967
102
81
105%
98%
1940
10Q
99%
66
68%
106% 106%
1969
1st mtge 3%s
100
—
103% 104%
Gas Co—
196f
109
109
107%
203'
148
148
146'A
148
203'
*217
215
220
*104% 105%
104
105 %
_197!
109
"
THE
Number 4819
Volume 170
COMMERCIAL
&
FINANCIAL
CHRONICLE
(129)
2B
NEW YORK BOND RECORD
RANGE
Friday
Interest
Last
Period
BONDS
New York Stock
Sale Price
Exchange
FOR
WEEK
ENDED
JULY
8
or
Bonds
Friday's
Bid & Asked
Low
Range Since
Sold
No.
High
Low
Interest
101% 101%
J-J
100 %
Sale Price
New York Stock Exchange
or
Friday's
Low
M-S
1971
Jf-N
1975
A-O
*100
1968
Jf-N
*103%
1967
J-J
1970
J-D
Jan. 1
No.
94
*98
1961
Range Since
Sold
High
94
94
J-D
3%s_1960
Bonds
Bid & Asked
High
Tri-Continental Corp 27/«s debs
.1964
Last
Period
BONDS
Jan. 1
Tol & Ohio Cent ref At impt
Quaker Oats 2%s deb.
Week's Range
Friday
Week's Range
Low
4
100 %
110
High
94
10
102
98%
100'/a
—
102
U
R
Jf-N
Reading Co 1st At ref 3%B ser D—1995
Reynolds (R J) Tobacco 3s debs—1973
Rochester
Gas
Elec
At
1977
1967
m-a
1967
Gen
1st
93%
85
102%
1969
MS
mtae
series
3Vis
(A Rut-Canadian
$$ A Rutland
Union
125
117
105%
106%
Pacific
2%s
J -J
q
J-J
—
9%
q
9%
2
7Va
8%
deb
3s
.1971
MS
St Lawr
.1996
J-J
a- —
.1996
A-0
74
.1955
J-J
2d
&
Adlr
1st
gold 5s_
gold 6s
St L Rocky Mt & P 5s
stamped
St Louis-San Francisco Ry Co—
1st mtge 4s series A.
A-O
1976
Jf-N
*931/4
1967
A-O
*96
1959
MS
Rubber
S
2%s
C
series
2%s
debs
debentures
inc
4s
bond
ctfs
g
2
68 Va
76
Vandalia
74
2
73
86
Cons
97
100.
*97%
99
—
RR cons
84%
85
58
83
88%
1st At
48
49
54
46%
61%
3'As conv
M-N
91
——
J-J
.1990
A.
gold 4s_1968
St Paul Union Dept 3y8s B
1971
Scioto V & N E 1st gtd 48
1989
*106%
A-0
—
M-N
4
—
•.
1975
A Gen
J-J
.1996
mtge 4'As series A
101%
J-J
Jan 2016
1966
t§ ASilesian-Amer Corp coll tr 7s__1941
Skelly Oil 2%s debs
62 %
F-A
62
94%
A-O
Seagram
Shell
(Jos E)
Union
Sons 2%s
At
Oil
debs
2%#
95
97%
38
46
46
South
At
Nor
Southern
3s
Ala
Bell
RR
102%
J-J
.1985
2%s
debentures.
2%s
F-A
debentures
Southern
Pacific
lst
4%s
%'5r.""
.
Ry 2%s
25
1978
Jf-8
__1963
100
101%
95
96%
5
A-O
109% 109%
5
J-j
*—
A-O
*80
Jf-N
100
A-O
2003
—1958
100% 100%
*._
8
72
1031/4
97%
97
i
1977
92%
94%
53
89
M-N
"83%
81%
83%
18
74%
Gold
4'As
1981
M-N
83
60 %
83%
50
75
100% 100%
5
100
'
San Fr Term
1st
1st mtg
Pacific
3%s
ser
A.1975
J-D
—
mtge 2%s series E
1986
J-J
1996
2%s series F
1st mtge 2 'As series G
Southern Ry 1st cons gold 5s.
J-J
J-J
1961
78%
94%
<•'
At
gen
4s series
Devel
At
gen
6s series A__„
Devel
At
gen
A-O
.1956
3'As
-
94%
11
.1996
81%
.1951
debentures
:
83%
J-J
83%
37
96 %
32
J-J
100'/4
__
1983
'?v
'
M-N
1971
1972
103
95
M-N
27As
Co
debs
2%s
MS
A-O
99 %
debentures
25-year
*:**•'
'
•
^
*99 %
55%
16
49%
99%
94
97%
101%
1
99%
100%
May
33
95'/a
102
86
101%
,
62
J
Westinghouse El
Mfg
At
2%s
M-N
99 31
99% 100
1951
MS
91%
91%
92
1960
gold 5s
J-J
74'A
72%
74%
35
64%
86%
J-J
101 Va 101%
5
100'/a
101%
MS
*98% "99%
__
■98%
99%
"
1951
debentures
_„1P'71
9
"
2.65s
debentures
98
1973
J-J
107
Wheeling At Lake Erie RR 4s
1949
•
Jf-N
1992
V
100% 101
100
101'/a
100%
101 ii
J-D
conv
101
*100%
128
—
—
110
108
Wheeling Steel 3'As series C
1970
MS
104
1st mtge 3'As series D
Wilson At Co 1st mortgage 3s
Winston-Salem S B 1st 4s
&
1967
J-J
*97%
1958
A-O
103% 103%"
1960
J-J
/'•
63'/a
1950
4'As
estate
5s
99%
96
103%
106'/a
96%
96%
9 6'/a
96'/a
100
5
102%
104
112 Vs
113
99%
*113
99'/a
2
~",'V
97
—
'^Wisconsin Central Ry—
52
'
\ 6
93%
...43
x
97
99%
97%
mmmm
*1017/a 102'/a
A
of
deposit
,
.
>
^Certificates of deposit
Wisconsin Electric Power 2%s
102
1st
71%
36
36
Jf-N
;
.
71'/a
«
♦97%
J-D
1979
3 Vis
1971
J-J
*lUo%
Elec Lt At Power 2%g
1976
J-J
*95%
Service
74%
49%
95%
101%
101%
104%
■mm*.
I"
f
46%
97%
106%
98%
Jf-S
Public
1
41%
1976
Wisconsin
:■
71%
36
'
: 36%
;
mortgage 2%s
78
71%
36
72%
71'/a
J-J
—1949
SASu At Du div At term 1st 4s_—1936
B9'/B
101%
Certificates
}§ A1st general 4s
96%
-»1
72
J-J
103%
102%
mmmm
•
>
Telegraph Co—
real
30-year
41
/
95%
.-y-
109%
52%
98%
54%
84 %
99'/a
5
43
103
95%.
j-j
1973
*41
J-J
Swift
•1106'/a
""
>
—
F-A
1966
106
—
'
107%
22
100 Va 100 Va
2361
"2%s
107%
10
58
54'/a
57'A
ft
106%
108
108
108
j-j
Union
99%
106%
56%
*107'/a 107Va
J-D
MS
guaranteed
55
99%
104'/a
101%
■■yr3
92
106 '/a
45
99
Gen At ref M 2%s series A
22
99'/a
103
*
Af-N
3'As series I
4s
104%
49
*-_ "
79%
108
98%
'
106'/2
Apr
Standard Oil IN J) deb 2%s
Sunray Oil Corp 2%s debs
*103
99%
101
87%
2
104
99'/a 100 %
'
98%
__
*104 Va 104%
1966
1st
87%
95'/a
89
*42
r- a
2361
Shore
Western
116 %
_
76%
.94%
*105'/a 107
95%
-
102%
A-O
A Spokane Internet lBt
gold 4%s__2013
Standard Oil of Calif 2%s debs
1966
At
92%
83
64%
.
'
3
__
89
1st mtge 4s
1952
Western Pacific 4'As inc A
Jan 2014
101
110
89
A-O
1970
Registered
Western Maryland
95 %
92%
5
110%
110
96%
A-O
Southwestern Bell Tel 2%s debs_._1985
*
•
A-O
6%s series A.
Memphis Div 1st gold 5s
St Louis Div 1st gold 4s.
21
95%
110
'
Devel
(subordinated)
West Penn Power
101%
66 %
95
*100%
Jf-N
77
85%
77
V;
J-J
debentures 3'As_1976
84
*83
78%
106 %
801/4
"80
M-N
conv
debs
Funding
1st mtge
98
100%
96
30
103'/a
94%
F-A
Co—
RR
100
*65
95
Apr
J-D
West
1969
94
104
79
82 Va
*106
Apr
gold 3'As__2000
Washington Terminal 2%s ser A—197Q
5s stpd gtd
1950
Gen mtge 3'As
1967
77%
4'As
■
110
103%
103'/a
.
Apr
1971
Westchester Ltg
100 %
72
,
—
100%
103%
107%
Baking Co—
5'As
94%
98%
Gold
Southern
Ward
123'/a
MS
A
1
Warren RR 1st ref gtd
*98
_
106
98%
102%
G & W 2%s debs_1966
(Hiram)
Walworth Co
100%
Co-<-
(Oregon Lines)
Walker
123
1
80
106
—
1973
debentures
5s
cons
107%
1995
ref mtge 3s series F
1st mtge 3'As series B
54%
103
J-J
1994
.
97%
:<
—
103
96
75%
104
100%
Gen mtge 4s inc series A
Jan 1981
Gen mtge inc 4%s series B—Jan 1991
69%
96
12
96%
94%
96
1
Wabash RR Co—
94% ;. 96
1
*123%
103
W
1
J-J
Indiana
Southern
--a'.:
Ac Tel Co—
debentures
96'/a
•
A-0
.1979
Tel
;i963
58%
30
101% 101%
.-r
\
J-D
gtd 5s
':V'
——
63
101'/a
102 %
18
97'/a
J-J
Socony-Vacuum Oil 2%s
13
97%
J-D
1971
101% 102%
93%
99%
93 Va
79%
100%
100'A
Seaboard Air Line RR Co—
1st mtge 4s series A.
91%
__
*105
128
100
—
100%
7
106%
100%
127
__
101
9
94%
*„
Jf-S
Virginian Ry 3s series B
1st lien At ref M 3ViS ser C
103%
106%
__
*102%
1st
92
101
5
*126
—
109%
85%
2
102'/a 102%
J-D
1st cons
105
91
103'/a
104%
99%
;
8
93%'
79%
Jf-N
Va At Southwest 1st gtd 5s
J-J
93%
F-A
1955
—1957
Virginia Electric At Power Co—
1st At ref mtge 2%s series E
84%
Nov 1989
4s series A
f 4s series B
s
48
*105% 108%
6
101%
68'/a
74
May
Gen & ref gold 5s series
St Paul At Duluth
3%s debs
68'/a
—
100%
103
—-
100% 100%
J-J
.1997
certificates
bond
4s
97%
•
101% 102
MS
1966
1989
mtge inc 4%s ser A
St Louis-Southwestern Ry—
1st
101 Va
101%
r-a
1970
1991
Jan 2022
A 2nd
2d
*100
■
100% 101
U
12 %
110
99%
100%
__
103'/a 163%
103'A
108%
100%
United Biscuit Co of Amer 2%s
2'As
mtge
Universal Pictures
Saguenay Power 3s series A
110
RR—
debentures
Ref
10
21
Calif
of
debentures
Union
•1057/a
1949
stamped
Oil
2%s
117
MS
1941
ssamprd
*s
4%s
RR
•118
At coll trust 2%s
mtge
debentures
3s
104%
MS
J
mtge 4Vis
Gen
85
•104% 105
Corp—
series D
mtge 3%s series H
mtge 3%s series I
Gen
85
A-0
3%s
of Mo
Union Electric Co
-
Terminal RR Assn of St Louis—
Ref
At
Ref
imp M 4s aeries C
&
imp
2%s
series
Texas
Texas
At
.2019
D
&
ref
M
3'As
1st
At
ref
M
3%s series C
Pacific
At
*117%
A-0
M-N
series B
1st
1970
A-O
1990
A-O
2000
J-D
gold 5s
Gen At ref M 3%s series E
1985
Pacific-Missouri
Term
20
105%
101 %
104%
Yonkers
♦_.r:*-
95 ' •?
88%
99
,,,.
126'A
1
8
118%
99%
99%
99
88'A
'
-
.
>15
,
J-D
i960
income 5s
*101% 102
J-J
Jan i960
45'A
48
97'A
f
.97'A 101%
t Companies
A-0
18%
17'A
18
by
maturity,
i
-
being in
Act, or securities assumed by
the Bankruptcy
♦Friday's bid and asked prices;
45%
A Bonds
selling
v'
•
r:;:. .r.'Z •'
bankruptcy, receivership, or reorganized under Section 77 of
as
71'A
16'A
91
Impaired
reported
102
41
61
a
§ Negotiability
127
100%
48
Deferred
delivery sale not Included In tbe year's range,
d Ex-Interest,
e Odd-lot
sale not
Included in the year's range
n Under-the-rule sale not Included In the year's range,
r Cash sale
not included In the years range,
y Ex-coupon.
\
94'A
887/s
126
94
94
96'A
106
Pacific—
Orleans 3%s__1974
RR of New
IThird Ave Ry 1st ref 4s__.
A Ad J
117%
99%
__
105
__
J-J
Texas
115'A
*100%
105%
Orleans RR—
New
1st
Texas
j.j
1985
1965
Corp 3s deb
no
,■
■
6uch companies.
•
..
i
h.
sales being transacted during current week.
flat.
i;
I
I
NEW YORK CURB EXCHANGE
WEEKLY
YEARLY
AND
RECORD
In the
following extensive list we furnish a complete record of the transactions on New York Curb Exchange for the week beginning on Saturday, July 2
ending the current Friday, July 8.
It is compiled from the reports of the Curb Exchange itself, and is intended to include every security, whether stock
bond, in which any dealings have occurred during the current year.
''
and
or
RANGE
Week's
Friday
FOR
WEEK
ENDED
JULY
8
Sales
Sales
Week's
Friday
-
STOCKS—
New York Curb
Aluminum
Acme
Wire
Adam
Hat
Aero
Co
Air
Mfg
J)
4.20%
Airlines
Fisher
pfd
Inc
High
LOW
1
700
1%
900
50
20
Internat
Products
(Mich)
Aluminum
$3.75
Co
of
Goods
...
Jan
8%
300
8%
Jun
5%
5%
400
4%
Jun
6%
5%
100
5%
Feb
7
1,100
Industries
Ltd
American
American
300
American
Car Co
class A
Beverage
Book
For footnotes
common
Co
see
7%
Apr
Mar
79%
30
78% July
92'/a
25
91
95"% May
4%
4%
4%
700
page
33.
(Effective
American
4%%
&
5%
200
6%
25
25
——
Apr
American
Hard
Mar
American
Laundry
48%
49%
3%
Apr
American
17%
Jan
American
6% May
American
9%
Feb
Mar
6
-
54
5%
ii
2,7?0
45%
97
97
98
150
93%
Jan
21%
600
20 %
July
4%
Jun
6%
Jan
Class
,35% Jun
51%
Jan
American
5'/4
5%
42
39
ii
150
1.900
%
1,100
%
1
Jun
Jun
Jun
59% July
Mar
98 'A Mar
26%
,
Jan
American
.
6%
Jan
American
1%
Jan
Amer
Jan
$6
Co
20
25
Mach
Maracaibo
1
Co
2%
—
45/4
112% 112%2%
2%
30
30%
Mar
6
High
.
6% May
Natural
13%
10
21%
13
10
21%
13 /a
3%
3 %
3%
\
—
Potash
Co
Chem
class A
B
Republics
Seal-Kap common
Superpower
Corp common
preferred
—
—
45% May
111
Jan
114% May
2
Jun
400
27%
Feb
31%
Apr
.*
32 %
Jan
34%
Apr
Jun
13%
Jan
Jun
25V4
Apr
9,100
—
24
__
—
—
50
9%
50
20 >/4
10
2
lOo
•
2%
Jan
15 '/a Mar
€00
13
July
11,200
3
Jun
7%
Jun
10'/»
Jan
Feb
41
Jan
Jan
25 Va
Apr
~~
•
37%
"
—
—
25
Gas
St
2
>—*
Co
Jan
75
2,300
'
—
•
Meter
series
—
•
Metal Products common
preferred
American
1%
66
Rubber
Mfg Co common
American
Jan
43%
45%
—
5
5%
10
....100
American General Corp common
10c
; $2 convertible prefer»ed
.1
$2.50 convertible
preferred
1
20%
49'/,
—
"5%
6'/a
■
com..
—
6
Jun
1,000
■
Electric
Jan
2'/2 Feb
Low
6%
,: .1
July 1)
Gas
Feb
13%
6%
6%
'
preferred
3%
...I
—
41%
100
Jan
Range Since January 1
High
Co
Hoe
&
3%
•
1
Jan
Fork
Low
;r'
•
Shares
Light—
1
Changed to
for Week
Range
of Prices
True Temper Corp
Jan
95'/4
1
Name
&
Power
B
American
;
78 "a
100
*
Class
Jan
10% Mar
Cities
American
Jun
95'/4
•
common
common
Bantam
5
3% May
1% Mar
95 «/4
common—•
preferred
Mfg
Aluminum
32%
1%
-
Jan
100
*
America
Aluminum
Jun
4%
1%
5%
5%
X
common
cumulative
1%
;7%
.
Corp
1
common..—5
Altes Brewing Co
Aluminum
20
Par
3%. Jan
Jun
Last
Sale Price
V
4%
Investing
Allied
Bros
V;,;
% May
1%
1
common
Allied
Alioler
STOCKS—
New York Curb Exchange
Range Since January 1
"8%
—
50
Southern
Power
&
i
Shares
1
Great
Alabama
Alaska
4%
9
Alabama
Alles
20
!..v
——
1
•
5
1
Stores
(N
1%
1
Appliance
Inc
%
—-
10
common
Electric
Air-Way
1
Inc..
Supply Mfg
Surpass Shoe
of Prices
Low
Par
1
common
Stores
Associates
'
Alloys
Agnew
Ainsworth
,
for Week
Range
Sale Price
warrants
Motors
Acme
'
>
,
ACF-Brill
Last
Exchange
34
5 V,
Jan
17%
30
Jan
31'/a July
100
22%
Jun
28 V4 Mar
1.000
22%
Jun
28 V* Mar
23 A
3%
%
80/a
2,800
20%
Jun
25 Va
500
2%
Jan
--
23
--
23%
22%
22%
23
23
3%
3%
%
%
—,
9,900
a
23% >24 /a
-
75%
% Mar
10,800
1,650
08
Jan
Jan
3% Mar
%
Jan
80 '/a July
the
(130)
ae
commercial
new
york
RANGE
Week's
Friday
Last
STOCKS—
•
preferred
American
Thread 5%
American
Writing Paper common
a
Anchor Poet
Appalachian Elec Pwr iVz% pfd
Arkansas
Aro
Power
Equipment Corp
Ashland Oil & Refining Co
5%
Jan
City Auto Stamping.
7*4
Feb
12%
Jun
2%
2%
100
5%
700
5
Mar
8
70
103%
400
1%
17%
Jun
Xl08% 109%
Apr
Jun
2MB
2%
8%
2%
8%
3%
21 Ms
1,800
5%
Jan
9,500
5%
Jan
500
10%
Jan
Jan
6
Jun
8%
Jun
6%
10%
200
15
15%
1,800
14%
21%
21%
400
21%
Jun
19"%
23%
1,700
6%
Jun
8%
-
7%
8
Feb
7
fl
19%
18
19%
2
2%
8,500
rl/32 rl/16
36% 36%
__
Co.
00
a
Corp warrants
Atlas Plywood Corp
Automatic Steel Products
16 Ms
19,500
25
1
5%
6,700
4
14%
—
5
13
14%
1,900
11
4%
1
lnc
Automatic Voting Machine
Avery (B F) 4 Sons common
6% preferred
28
Ayrshire Collieries Corp com
I
Jun
6%
6%
100
9%
9
9%
300
8
10%
I
Apr
Colt's
10
10%
900
Consol G
Jan
4%%
Jun
Jan
Consolidated
Jan
Consol
Jan
Consolidated
Vtc
4%
American
—
HI
.
Feb
Cook
15%
Jan
—
—
■
—
„
Feb
6M2
Jun
26 Mi
13
Jun
14 Ma
6 Ma May
7%
1%
100
6 Mi
200
11.
——
2%
3
375
9
.
!•"
31%
66 y2
60
'
-mi
—
16'A
16%
3%
,4 Ma
—mm
—
«...
20%
—lfla
1%
1%
HI
American dep rets
5%
Calamba Sugar Estate
hiybo
7 M4 Mar
Apr
33
•
Mar
Jun
Jan
74
Feb
21 Ma
Jan
Apr
7
Jan
Jan
18
Apr
6
Jan
22 Mi
15
Feb
Feb
<Jan
Apr
11%
Jan
Jun
11%
Feb
8%
1%
500
1%
«.
33
4 Jun
2
Jun
21% Mar
Jan
23 Ma
Apr
Jun
2%
1,800
8 Ma
Jun
10%
Jan
5
1,400
Feb
5 Mi
Jan
'8
400
4%
7%
1%
10%
5
7%
10%
9M2
Jun
14% May
20 Ma
.
Jan
Jan
Jan
4 Ma
10%
Jan
700
Apr
5
May
11% Mar
15%
2,900
12%
Jun
22 Ma
Jan
6%
Jun
12 Mi
Feb
iff
iff
6,700
ft
Jun
%
Jan
2%
2%
1,000
1%
Jan
11
11
11
15%
14%
"a
12 %o
2%
Jun
2%
Jun
2%
3%
Jun
3%
Jun
I..*
I
4
4%
4ft
3,500
a
_
I
7%
"6% ~7
l
1,000
■
7%
Jun
Feb
7.% Mar
22
Mar
•
20%
Feb
22
Jan
f§
80
Feb
5% Mar
32%
Apr
Jun
Jan
100
z8
Apr
Apr
'114 M4 May
Jan
'9%
,
8
67%
Jan
104
May
12 Mi Mar
Jan
18
May
May
1,950
2%
10%
70 Mi
Jun
103%
400
2%
Jun
3M4
Jan
IM2
Jan
-
n%
22
400
10 Mi
50
%
9
20
600
9
Jun
7%
34%
5%
600
4 Ma
Jan
15%
300
14 V2
4,200
4%
9%
Jan
5%
Jan
ft Jan
Jun
5 %
Feb
5
Mar
28 M2
ft Jun
500
Jan
14
Jun
15%
80
American
Jun
5% Mar
.
•
16 % Mar
Apr
Jun
6%
42
3%
Jan
3%
Feb
28'A
Jun
41 Ma
ft
Jun
'
34%
35%
31
175
dep receipts (ord reg) —£1
30%
Petroleum-
Croft
Brewing Co..
Crosley Motors Inc..
Crowley Mllner ft Ck»_
Crown
Cent
Petrol
Crown
Cork
Internatl
24%
Jun
24%
Jun
7%
10%
Jan
Jan
7%
100
7 Ms
Jun
9%
1%
1%
600
1
Jun
1% Jan
H
_j
5
1%
14%
14%
200
12
8%
.100
14
1
8%
pfdll.
II
45%
•
l
.
Ltd—
ord
110
2%
'
2%
45%;
800
110
3.50% preferred
Central Ohio Steel Products
10$
111% Mar
Feb
4% Mar
4%
II
"3% "3%
1,300
77%
77%
preferred
3%
ser
Jan
Cessna Aircraft Co common
Chamberlln Co of America
common
30
$6
6
61%
61%
6%
6
150
63
150
6%
20
3% July
Jan
1
Feb
7M2
/
Jan
5
2
*
10
8
100
2
3%
■
3%
Jun
6M2
Apr
Feb
8%
Apr
Jun
13 M4
Jan
Jun :
2%
Jan
Jan
4% May
2Mb
,
600
1%
3%
400
(1 'A
oommon
preferred
€0
15%
62
15%
-62
15%
30
3Q
1.800
Cuban Tobacco
*
common
Mfg Co
(Mo)
65
Jan
14%
102
Apr
106
'5% Mar
4%
Jun
28 Va
Jan
May
8% Mar
Jun
IOV2
50
May
17%
Mar
May
Jan
6
14M2
Jan
d
'
Davenport
Hosiery
Davidson-Brothers Ino
n*y Mines
1.8$
Mills
Dayton Rubber Co class A_
Dejay Stores common.
Dennison Mfg class A
Derhy Oil
Co
— —
'
——
5%
5 Ma
Jun
Jan
I
1%
2
2,200
1%
Jun
3
Jan
|
25%
27
200
22%
Jun
32
Feb
8
Jan
26 Ma
60c
%7Mt
n Ma
"
8
oommon
10
common
'm±—
S
_
1
'
"
"m—
^1%
400
1,300
''
6%
11%
''.s'i--—-
1%
18 Ma
18%
Feb
Dobeckmun Co
common
Domestic Credit
1
—
Corp class A.
1
Dominion Bridge Co Ltd
Dominion Steel ft Coal class B
Dominion
Tar
bropor
ft Chem Co Ltd
Apr
7
* Jun
9%
2%
Jan
1%
nnrp
Do
Power
3*4
13%
Jun
Jun
•
nn
_
•
Jan
'
— —
14%
Feb
}
Jan
10%
Jan
j
2% Jan
3% May
57
58
23%
Jan
33
11%
Jun-
14%
Jan
22 Ma
Apr
20% Mar
;
7
23 Ma
V
9% Mar
May
57
Jun
65
50
23
Jun
32 Ma
74
Feb
79
— mm
Feb
Jan
;
May
1
Feb
Jan
i
i
'
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
Duraloy (The) Co.
Durham Hosiery class B
_f 1
_
common
1
6%
mrm.
—
I., 2 Ma
l_
— mm
*
1
3
•
■
2%
300
;
Jan
.7 Ma
2% Mar
9% May
y-
3
."■
Apr
1%
■
—
3
100
11 %
5 Mi
Feb
:{
12 Ma
Jan
j
4 M»
Jun
10% Mar
...
Eastern Gas & Fuel Assn com
4%%
9%
2~,B0
q
Eastern States
Corp
shares
2%
3'/a
600
4%
;
Jan
of
200
62
Jun
77
Feb
300
61 M>
Jun
75
Apr
37 % Mar
"I Ms
beneficial lnt
"l%
100
41
•
41'A
325
12%
12'A
63%
63%
6%
.300
Bond
I
13%
14%
26,000
Electric
Power
8%
8%
400
Share common
&
Equity Corp
common
OS
ft
Equipment
100
Jan
convertible
preferred-
Jan
Fire Association
$2 dlv
May
Flahman
67
7%
Feb
Jan
10%
6c
Apr
2%
Jun
4
Jan
Jun
7%
Jan
10%
Jan.
Ford
*
11%
725
10
Jun
13%
Jan
Fort
25
57%
Jun
64Ms
Jan
Fox
14%
200
11%
Feb
Jun
17%
6
Jan
10% Mar
6
I
\
)
$1
-Jun
32
33
~~V*
"%
16
16
18Ma
19
Feb
1%
75
31
14
100
Apr
7%
Apr
13%
Apr
Feb
Mar
JA
1,600
101 Mi
1% Mar
<Jun
4
%
35 Vi
;
5
Feb
Jun
"a
May
Jan
Feb
18
Feb
19%
Jun
12%
Feb
4%
19,300
3%
Feb
9%
400
8 Ma
Feb
13%
57%
4%
2,100
4'A
9%
19
•
Jun
65%
"2%
900
2 Ma
Jun
2%
10
,5 Mi Mar
Apr
Jan
Jan 15-:'
25
Stores..
14
Jan
9M> Mar
dep rets ord
Motor
Amer
60%
33.
to
Amer
10%
100
July
5
2,100
33
Jan
14
July
16
May
4
100
14
Jun
4Mb
of
19
Franklin Simon ft Co lnc
4% *
conv
800
Jun
—
:
■'
•—'I
17%
100
19
5%
1:1
—
■
'21
Mar
20
Feb
Feb
23
Jan
Feb
France—
dep rets bearer-
preferred
n«
16
4,700
Vz
8%
250
6%
Jun
8
600
8
Jan
Ma"
Pitt Brewing Co
(Peter) Brewing
Wr»n«»
4%
Canada—
Class A non-voting.
Class B voting
Apr
14%
8
94
preferred.
(MH) Co—
Ford Motor of
36%
60%
8
13 Mi May
11
1%
1
;8% May
Jan
Ford Motor Co Ltd—
Jan
4
8
Jan
Jan
10
cum
3
Jan
•
May
15% May
~2%
(Phlla)
7% May
Jan
9%
7% Mar
200
10
6
200
l'A
1%
•
First York Corp commoi
Jan
May
66 M2
Feb
500
11'A
1
Apr
3
10%
6
5%
11%
1
Engine ft Airplane
Metallurgical
7%
Feb
13% May
Mar
5% May
94
1
8
Pairehlld Camera ft Instrument
Fansteel
15
6%
*2% "2%
94
100
1$
88%
Feb
hmj Mar
9%
1
Eureka Pipe Line
Feb
5%
Jan
60
1
Ltd
Corp
Jan
35%
1%
14
200
Jan
54 M2
Jan
79% May
*
3
6
1
10c
common-
Esquire lnc
Eureka
*
warrants
Derrick
Jan
63
Jun
Light—
Empire District Electrlo 1% pfd
Empire Millwork Corp
Emsco
2%
Jun
Jun
39
25
%
ft
37 M2 Mar
50
41%
1
5%
55
1%
•
•
1
Option
Jun
66%
65'A
Jan
4%
*74 % May
9% Mar
2%
65%
64'A
it
$7 preferred series A
$6 preferred series B
Eastern Sugar AssociatesCorn
•
10$
100
Eastern Malleable Iron
if
•
prior preferred
preferred
Feb
36
]
|
10 Ma May
50
.
?
Jun
26 Ma
800
y:/
I
Jan
12
6%
—
2,900
13%
v-mmm
If
.......
3%
23 Ma
y.
j
H
10%
——
•
,.
Harrl*
3*4
-13%
139
Jun
18
— —
'III
(
Jan
'■
200
—
Jun
15 Ma
500;
11
——
—
■
•
,
nukA
mm mm
•
II
Dominion Textile Co Ltd common
Driver
!
-■
Jan
Jun
9
HI,
11*4
10
*
_£1
»
Jan
Distillers Co Ltd—
dep rets ord reg.
.
9% May
600
—
.V6
132
— mm
1%
10
Devoe ft Raynolda class B
7*4
«—
11 Ma
11%
1
Detroit Gray Iron Foundry
Detroit Steel Products
■
V
300
10%
10
..100
Detroit Gasket ft Manufacturing
Amer
33% Jan
5%
88
debenture-
8%
imm—
1
10n
common
Tnn
Mar
5
Jun
5 Ms
3
"~ip
1
2
Jun
3%
5
2
10.
Cherry-Burrell common
Chesebrough Mfg common
Chicago Rivet ft Mach
Chicago ft Southern Air Lines
Voting trust ctfs
1,800
2,300
11%
•
2flo
preferred
6%
85%
100
10
I
preference
77%
100
Century Electric Co common
Century Investors lnc
%
4%
5%
"A" partlc
Fair child
100
1929
13% Mar
Feb
24%
100
100
Feb
Mar
x4% Mar
100
1
Central Power ft Light 4%
pfd
(Central States Elec 6%
preferred
Apr
Mar
Zllif
.1
48
Apr
2
•
(A M) ft Co
Catalin Corp of America
Central Maine Power Co—
Jan
Apr
109
2
4%
3%
Jan
25
12%
1
8%
'800
2%
2s 6d
Castle
page
40%
£1
Amer dep rets B ord
Carter (J W) Co common
Casco Products common
21
May
7% Jun
2% Jun
2.UO
*
Carr-Consolidated Biscuit Co
\k
3%
(Md).
Cuban Atlantic Sugar
Electrographic Corp
_100
Carnation Co common
Carolina Power ft Light $5
3,800
Electric
Jun
•7%
Canadian Industries Ltd—
common
30%
$8 pfd shares of beneficial lnt
Easy Washing Machine class B
■
Carey Baxter ft Kennedy lnc
Carman ft Co
29%
3%
Crown Drug Co common
Crystal Oil Refining common
•
•
»
1% preferred
Canadian Marconi___
Feb
•>6% May
19 Ms Jun:
"«
common
Class A voting
Class B non-voting
s- e
U%
convertible preferred
8% Mar
5% Jan
i
Canadian Canners Ltd
common
Convertible
preferred
Canadian Industrial Alcohol—""
For footnotes
40%
Feb
4% Jan
fl
__
Corp
Jun
Apr
% May
5'A
______
2% May
B0f
pfd
California Electric Power
Camden Fire Insurance
Canada Bread Co Ltd
Charis
2%
May
Jan
12
_io5
i
Mills Co
Conv
Jan
6%
700
1.80
21%0May
a
£ Edmont°n Corp Ltdi:
Cotton
ser
4M2
58'A
—8
Jun
j 80
B_
Cable Electrlo Products
common
Cables ft Wireless—
Conv pfd opt dlv
Conv pfd opt div
Apr
Jun
109
1,100
9
74 Mi
class A
Duro Test Corp common
Duval Texas Sulphur
7%
4%
4
70
11
9
2%
Reynolds common
preferred
104
,10%
%
Curtis Lighting lnc common
Mar
#
•
A
Apr
Jun
33%
70
22
Curtis
19 Ma
«...
ii
~ 1
Burma Corp Amer
dep rets
Burry Biscuit Corp
rets
7%
27'A July
2,700
9
Apr
33
•
_
Bunker Hill ft
Sulllvan__.
Burd Piston
Ring Co
dep
Jan
5%
Jun
%
900
61
Varnish Co.
ft
7%
60%
79%
lnc
Apr
•:'V
«i
~~i
common
Amer
12
Jan
3%
350
112 % 113
103
1
38
10
/
-mm
20%
gi
Buckeye Pipe Line
Carreras
28
Jun
3%
1
——
x45
3% May
21% Apr
—
Brown Rubber Co
common
Bruce (E L» Co
Capital City Products
9
Jan
13 Ma
——
——
•
Junior pfd
Canada Cement Co Ltd
6 % %
preference
11
•
$
10
Jan
3 Me
15 M2
— —
"311
Brown Forman DlstlHeraZZZ
Cailf
%
6%
61
113
"5%
Apr
Jun
5
'
600
Bruck Mills Ltd class
10
1,500
Jan
Feb
13'A
2,600
4%
cum
Jan
,.4
800
4%
9
Mar
62
30
15%
"•
Apr
37 Ma
23 M2
100
15
I,
2%
3,400
66 Ma
.1
2
Jan
5*2
3
30
30
nff!t
11%
——
—
16%
4%
Feb
Apr
5%
Jan
8% Mar
200
13%
6%
6 Vi
British American Tobacco—
k
Jan
•
Jan
36
»
ord reg
Jan
Jun
33 Ma
">
^n®r dep rets
5%
10%
100
_•
British Columbia Power
class A
Class B
Mar
400
Bridgeport Gas Light
British Celanese Ltd—
14
Jun
6%
Brazilian Traction
Light ft Power
Breeze Corp common
Amer dep rets ord
bearer
Amer dep rets ord
reg
Jan
7 Ma May
35 Ma
as
Co!
16 V*
35%
13%
loo
Co!"!"
Feb
200
35
36
•
-~ir.,I.«
Feb
35%
■
—
1
Co
Jan
10%
__
•
I
JUn
G
6%
—m
l
j
pfd
6
Jun
10%
—
i
Blue Ridge Corp common
Blumenthal (8) ft Co common
Bohack (H C) Co common
_
35%
27 %
1
Jan
May
4% May
•
||
...
OIL
*
8
34 M2
•8% Mar
Feb
5M2
10 Ma
200
i
l
Benson ft Hedges common
•
Convertible preferred
•
Blckford's lnc common
j
Birdsboro Steel Fdry ft MachOocom"*
Blauner's common
British-American
36 V*
3
3,500
~5% ~6
—
—1
Benrus Watch Co lnc
„
Jun
Mar
3,200
Cornucopia Gold Mines
13%
|
common
Brillo Mfg Co
common
Class A
800
34%
1
Mining ft Smelt Ltd
25
'7
..
I
(A S) Shoe Corp
Bellanca Aircraft common
Bell Tel of Canada common
cum
~3% ~3%
~3%
|
Beck
prior
4%
27%
•
Continental Fdy ft Machine Co
5
Corp
Seellg Mfg—
Borne, Scrymser
Bourjois lnc
1,100
34%
Utilities
Gas
Apr
Creole
$1.20 convertible A common
Basic Refractories lnc
Bauroann (L) & Co common
5%%
—
—
shares
Beau-Brummel Ties
3,000
%
100
100
Jan
5%
2
Jun
5%
22
.
100
4%
4%
%
X
Jan
32% Mar
f
Steel
ft
10%
4%
4
Consolidated Royalty OH
Continental Car-Na-Var Corp
55% Mar
1 %
400
500
.it
11%
Jun
3,000
23
-2t
Liquidating Corp
Paint
1%
5Mt
22 Mi
"%
series B preferred
Jun
41
If
Baldwin Rubber Co common
Banco de los Andes-
Barlow
1%
3% Jan
May
Courtaulds Ltd—
preferred
Barium
Mar
4%
E L P Bait common
10
1,900
Jun
17
10%
preferred series O
$1
49%
14
Jun
5%
"23
Cosden Petroleum common
49
Jan
Jan
Apr
5% Mar
1950
to
ext
Corroon ft
49
10%
Inc.
23
*
1,600
1%
Machinery—
Compo Shoe
b
7%
Hotel
Feb
Coro
Babcock ft Wilcox Co
Baldwin Locomotive—
13%
1%
20
Manufacturing Co.
Commodore
8%
Mar
14 M2
2
Colorado Fuel ft Iron warrants-
5% May
6% July
•
Jan
4
Jan
Feb
Jan
21%
12%
Sand ft Stone Co.
%
Jan
600
4%
Colonial
Jan
6*
14%
4
Apr
51%
Jun
48 M2 May
14%
Airlines..
3%
36% July
5%
Feb
Development ordinary-
Colon
%
1% May
1/64 Jun
38'/a
13%
Cockshutt Plow Co common-
7%
Feb
Jun
11,200
Products Co.
Aluminum
22%
Jan
A Mar
100
2%
1
Atlas
700
ft
•
•
class A
%
44%
13%
-
—
1
Claude Neon lnc common
Clayton ft Lambert Mfg
High
400
X
Clinchfleld Coal Corp common—
Club
Low
%
1
Community Public 8ervlce-
Fisheries
Line
W
Co
Colonial
114% Mar
6%
8
Jan
9% May
9% May
9
9%
10%
.
10%
Jan
109% July
Mfg
Range Since January 1
High
43 Mi
14%
Controller Co
Clarostat
Shares
il
—
44%
City ft Suburban Homes
Feb
3% May
Feb
113%
9
9
1
'
Rights
Jun
5%
•
1
American dep rets reg—
Laundries of America
Associated Tel & Tel
Atlantic Coast
4%
I
Cities Service commoi
Industries—
Electric
Coast
Apr
100
15%
Assorted
Atlantic
Jan
6%
750
10%
$1.20 conv preferred
Aspinook (The) Corp
Associated
4%
Feb
500
7 Ms
Xl08%
Low
Par
300
4 Ms
14 %
—1
Light $7 pfd
4:
for Week
Chief Consolidated Mining.
7 Ms
10
---*
3.W
preferred
Sales
Range
>of Prices
High
Clark
•
-•
non-voting
Common class A
6%
Week's
Last
Sale Price
4 Ms May
13%
2%
Arkansas Natural Gas common
Low
~4% "5
J
—X
10C
Apex-Elec Manufacturing Co--
Friday
7 Ms
——
Angostura-Wupperman
»
New York Curb Exchange
Range Since January 1
14%
—*
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
WEEK ENDED JULY
STOCKS—
Shares
High
4 Ma
13
J
Prpducu.
Angerman Co lnc common
exchange
curb
5 M.
4 Ma
Monday, July 11, 1949
Sales
of Prices
Low
Par
chronicle
financial
for Week
Range
gale Prlee
Exchange
New York Curb
FOR
&
1
common
1
8
8 '
80
1
8 Ma May
mmmm
8Mb
1.28
—a-
8 Mi
Jun
23% Mar
'
8 Mi
100
7 Mi
Jun
%
10
9M8
Jan
Jan
Jun
—8% Mar
25%
Jan
9%
Apr
170
Volume
THE
Number 4819
-
COMMERCIAL &
NEW
YORK
FINANCIAL
CURB
CHRONICLE
(131)
EXCHANGE
RANGE FOR WEEK ENDED JULY 8
Friday
STOCKS—
Week's
Last
New York Curb Exchange
Sale Price
Sales
Low
Par
Friday
for Week
Range
of Prices
'
High
Low
*
& °k
High
Alloys
14% Mar
~2%
2%
8
Jun
"2%
2%
Jun
3%
23%
7%
General
Outdoor
Adv
Jun
Krueger
Mar
8% Jan
31%
32
Gerity-Mich
Alden
2'A
4
Jan
'
13
95
Jan
100
May
25
100
xll2%
Jun
116
Mar
105%
Jun
3%
3'/2
3%
1,000
3%
Jun
5'A
1,800
4
Jan
5%
106%
Jun
Jan
10
Jun
16
900
17
9%
JUn
13%
Jan
1%
100
1%
1%
Jun
2%
Mar
28
80
"%
"%
%
%
2,300
3%
57
~8%
57
50
1% 1st preferred
Great Northern. Paper
Grocery Stores Products
Jun
6
Jun
Jan
8
11%
Feb
Feb
70
135%
Jun
142
35%
33'A
1,050
V
105 % 106
32
180
Jun
f
60
5
4%
VVVSVV: V
102
Jun
8%
Feb
4%
——
—28
46%
46%
46%
1
1%
1%
1%
600-
1
1%
1%
300
___1
9%
9%
10%
600
13%
Heller Oo
9 % %
4%
12%
6%
7 '/b
_25c
10%
9%
10%
ft
_
41%
25
8%
2,300
Lock
&
•
—
Huyler's
1st
Mfg
stock
70%
70%
47
warrants
1,400
7%
Jun
Jun
Jan
3
'
25%
Jun
May
Jun
Jun
30 y8
Zinc
Imperial
Co
common
....
dep rets registered
Imperial Oil (Canada) coupon
'
Jun
68%
Jun
43
Jan
Apr
"l%
200
1%
11%
25
10%
2%
2%
100
12%
12%
100
•
150
6%
6
6
7*1
May
Jan
8% May
48%
Jan
11
Apr
3% May
31
Jan
17%
Jan
144
Jan
2
79%
4
47%
Jan
Feb
Jun
3%
Jan
Jun
22%
Jan
Jun
5%
Jun
9
—
2% Mar
18
10% Jan
4%
Feb
15%
4,500
13%
Feb
17% May
300
14 y4
Feb
17% May
—
—
11%
Jan
12%
Jun
Imperial Tobacco of Great Britain
8%
f1
100
8%
Indianapolis Pwr ft Light 4% pfd—100
International Cigar
International
.
Machinery
99% 101%
101
10
•
—
—
53%
90
•
International Petroleum coupon
shs__*
shares
International Utilities
98
98 V2
Jun
10 Va
Jan
July
Apr
110% Feb
12%
Apr
—
May
22
Feb
Jan
6%
200
6%
Jun
11%
9%
200
8% Mar
11%
Apr
%
400
1
ft
14%
100
14%
.
%
%
...
,
lYa
Feb
100
1%
—
*
% May
Feb
12%
—
__
Mfg
ft
Co
6%%
A
Mesabl
.
f
preferred
Iron
Metal Textile Corp common
13%
Apr
Feb
14 %
Apr
Apr
Jan
82 non-cum dividend shares
Mldvale
Co
common
6% May
Oil
Midwest
Miller
Wohl
Co
common
convertible preferred
4%%
Molybdenum Corp
Monogram Pictures common
cum
Mountain
Producers
Mountain States Power common
Mi
ft Tel
Vernon-Woodhorry Mills
Murray Ohio Mfg Co
Muskegon Piston Ring common
Muskogee Co common
Muter Company common
14 y4
Jun
3% Mar
■
%
100
Jan
1%
17
Jan
Namm's
Inc
National Rubber Machinery
National Steel Car Ltd
National Mfg
ft
Stores common
National Transit common
National Union Radio
K
King
-
7,400
50
--
_
-
_
.
Lake G M Oo Ltd
For footnotes, see page 33.
,
Tr
_
.
1
1
225
—
—
Jun
—
Jun
6%
Jun
9%
Feb
9%
127
Jan
May
1%
6
Jan
4
4%
110 Ya Jun
5Va Apr
Feb
108%
3% Mar
100
200
Jan
45
6
Mar
'Jan
3%
'
4%
48
Mar
4%
200
lVs
4%
900
7
7%
7
7
1,000
.
"7%
7
Jun
5%
Feb
Jun
.9%
Jan
1% May
% May
5% May
7 % May
7%
Jan
8%
Feb
V29 Va
Jun
Feb
32ye
8y«
Apr
6y8
400
2%
Jan
7
•
1,900
1%
Jun
Apr
2%
1%
2Vs
5,700
*
9%
9%
9%
50
9
Mar
10% May
*
21%
21%
21%
100
18
July
25
10%
10%
10%
175
.
16%
4%
Jan
16%
.
__
Jun
Jan
Jun
19 Ya
Jan
•
19%
19%
19%
50
1
2%
2%
2%
900
2y»
7
7
500
6%
Jun
29 Va
Jun
90c
1
1
~8%
1,200
96%
96%
75
__
"5%
8%
19
—
—
7%, Jun
10
*
100
•
•
2JO
10
Its
Feb
22% May
May
Feb
7
60
Apr
9
3%
3ys Mar
7%
"
Jan
32 ¥2. Jan
10'A Jan
93%
Jan
97
Feb
24
Feb
30
Apr,
7
7%
800
6%
Jun
8% Mar
2%
"2%
2%
400
2%
Jun
3% Mar
86
88
86
176
2%
60
31 Va
95
Mar
M*v
101%
Apr
Apr
2%
Jan
2%
500
177j/2
July
98
50
_■
_2%
25
167% Mir
178
Jun
— -
Jan
3oya
'
'
jun
37%
3%
31%
Jun
10%
Jun
4% Feb
14 y4 Jan
29%
30%
31%
300
Feb
95 v4
40
95
Jun
July
33 Va
95
30%
103%
Jan
Mar
22%
Jan
19%
19%
50
17
27%
27 Va
50
24
Apr
28% May
8%
400
7%
Jun
10 ya
10%
100
10 Va
July
100
7
100
11
103
C
4%
1,700
31%
125
3%
26%
Mar
Jan
Jan
13% Mar
Ne*'
Jan
England Tel & Tel
Clock & Watch Co
convertible preferred
Haven
4 A %
9% Mar
12% Mar
Mar
5% Apr
33% Apr
New Jersey Zinc
New Park
Mining Co
New Process Co common
N
Y
Auction
Co
Honduras
15
Feb
17
Mar
N
Y
ft
900
2
Jun
3
Jan
N
Y
N
Y
Shipbuilding
Rosario
Merchandise
1,700
9%
Feb
12%
Jan
1ft
1,200
1
Jun
1%
Jan
8
10%
—
10%
Jun
"bunder* shares
'
3
Jan
13% Jan
12y«
Jan
30%
•
2®
1
13
Jan
Jan
30o
31
1%
1
20
25
150
29% Mar
34
Jan
8%
Jun
9%' Feb
6%
Jun
100
1,500
—
—
May
10% Jan
9% Jun
6%
Jun
10% Jan
5%
Jun
6
.
—
7% May
15%
15%
15%
150
14 y4
Jun
9
3y8
300
3
Apr
2%
2%
4,000
2%
Jun
4%
100
6%
Feb
9
80%
80%
8
13%
5
81%
300
1,100
130
Jan
May
July
13
4%
16%! Mar
Jun
6Y2 Feb
87% Jan
78% May
U
—
Apr
3% Mar
3
2%
4%
Jan
8% Mar
18l/a
3
13
Jan
4,200
7%
8
100
8%
"7 ye
7%
1
--
5%
3% Jan
33%, Apr
"7
1
Jun
Mar
2% Mar
1
1
CO
1
1
4
10
*
1
"3
6,100
34
"2%
~3
Jun
3%
Jan
—
—
3
Mar
57%
55
57 %
1,300
51
Jun
67
Jan
1
7%
7
7 Va
1,200
6
Feb
11%
Apr
1
1%
1
lVa
1,800
1
Jun
65
Apr
*
—
~
—
—
—
..10
-10
7% Jan
1% Apr
75
Jan
8% May
common
300
10%
10%
8
5
2%
1%
10%
13
13
105
8
•
15%
10
;
Apr
2% July
__
5
2%
10
2%
400
..
6%
Corp
(Herman)
15%
15%
15% Jan
Jun
1% Mar
'
.
Nest)1) Le Mur Co class A
New Mexico ft Arizona Land
— -
4%
31
•
4%
~
Neptune Meter common
New
.0
4%
1
1
6%
6%
't
4y8
121% July
12% Feb
9%
r—
10S
8eeley Corp.
Kingston
Prrvlnrt*
Klrby Petroleum
Klrkland
Nelson
4%
4%
121% 123
e
*
Feb
Jan
Jan
9%
900-
——
7%
National Bellas Hess common.
Jan
50
3%.
Jan
32 %
13%
1,900
1%
~4
common.
Jan
_
14%
1%
17%
37
25% July
7 % Mar
600
"l%
-10
Corp
4%
preferred
7%
Jun
Jun
N
Nachman
20%
preferred
11%
75
13%
Apr
Jan
6% Apr
1% Jan
Jun
cumulative
26%
7%
pfd series B
May
4 %
25%
26%
pfd-
cum
4.80%
18%
Kings County Lighting common
1,500
Mar
2
Feb
2,200
34
100
100
Monroe Loan Society com class A
1
Montgomery Ward ft Co class A——•
Moody Investors partlc pfd
•
Morris Plan Corp of America
100
4.40%
*
■
1%
14%
Monongahela Power Co—
National Radiator Co
1
1%
14
14%
2%
10
Co
Midwest. Piping ft Supply common
Refineries
Mid-West
3%
-
1%
,
50o
Abrasive
Mid-West
•
_.
Jan
3% May
•
pid
Jan
.
13% Jun
5
Common
Midland Oil Corp $1 conv
Midland Steel Products—
5%
ft Co.
15'-
Middle West Corp—
Jun
(Walter)
Jan
Jun
1
3%
4 Va %
Feb
8%
19%
Feb
t c_l
c
1
Kldde
2%
Jun
4%
500
5%
1
v
National Pressure Cooker common
Kimberly-Clark Corp—
14%
400
5%
2%
*
National Malltason Fabrics
...
38
2.50
common
Jan
,
5
It
Co
Jan
1
29
Jun
-
Mlcromatic Hone Corp
t
Apr
<
2%- Feb
4%
Middle States Petroleum class A
v
*
31
-18
Michigan Steel Tube
Class B
Feb
Jan
13
Michigan Bumper Corp.
Michigan Sugar
t% preferred
8%
Jun
10%
100
.190
-I
Participating-preferred
3%
•
14% Jan
100
.1.
6%
-
Feb
ID
Feb
11%* Apr
12%
.100
Co.
Jun
-
500
Apr
Apr
20% July
13%
—
Feb
Tno
12%
111%
1%
1%
Kennedy's
9,200
ft Scott Corp—
4%
Key Co common
20%
12%
Co
100
Co
78 %
18%
20%
.f
700
Kawneer
88%
Feb
16%- Feb-
12%
1
6
4%
Feb
66%
j*
2%
121%
77%
775
10
2%
.1
200
75%
Jan
May
13%
.J
5%
-10f
85
74
14%
1
pfd
Feb
1
1
.
%
84%
74
10
Jefferson Lake Sulphur Co
Jim Brown Stores common
Kalser-Ftazer dorp
.
Kansas Gas ft Electric 1%
4,900
II
Jeannette Glass Oo common—
Kokengt Co
%
%
Jan
9y4
25
preferred
National Fuel Gas—
ft
Jun
•'
7%
Julian
7%
Marine
National Breweries common
Preference
24%
300
8
May
A
1
25% May
24 Va May
Jan
15
"9%
■
cl A
58
:11
Jiin^
9%
Mfg vtc
com
Feb
6y«
1%
Irving Air Chute
Italian Superpower Corp
Jan
47
20%
2,300
•
B
common
700
-
6%
Royalty
Fireman
Jan
6%
10
International Safety Razor
55.
——
•
International Products
Investors
11
6%
6%
Jan
Jun
21%
(The B). Co
Mountain States Tel
International Metal Industries A
Iron
—
—
Jan
Hydro-Electric—
Preferred $3.50 series
Reglsteied
1,100
8%
88%
■■■
26%
6%
Warrants
Jan
15%
—
Jan
24% May
23% Jan
__
7%
_1
common...
Merritt Chapman
Jan
Apr
Jan
Feb
11%
21
15
15
•
Insurance Co of North America
Mar
6% Mar
100
7%
21% Mar
.1
Menasco
42% May
15%
•
ft Ireland
Jun
May
26
Jun
20 y4
8
je*
May
6
4V» Mar
£1
Registered
Imperial Tobacco of Canada
13
23 y4
Jun
.10
Mead Johnson
Mar
32% May
1%
__
10%
Chemical Industries—
Amer
18 y4 May
10% Feb
50
CO.
.Public Service: Co
Mining Corp of Canada
_•
Minnesota Power ft Light 5% pfd—100
Missouri Public Service common
•
Illinois
Jan
Apr
24%
600
•
(A G) ft Ce class B.
McWllliams Dredging
i2y. May
•;
109% May
11%
-
Zi
,
McKee
Feb
Feb
1
1
12%
Feb
•
...
1
Corp common
$2.50 preferred
Apr
96
4
50
—
_
6%
10%
3,700
20%
21%
100
100
McCcrd
Feb
11
17%
47
70%
•
7%
—
•
6% convertible preferred
McClanahan Oil Co common
Jan
8%
Jun
2% Jan
preferred.
Apr
Feb
Jun
18%
2,300
12%
25
1
Communication Co Ltd
Jan
106% May
50
Co
Hydro-Electric Securities
Hygrade Food Products-
22
12%
25
It
Massey Harris common
MoAleer Mfg Co common
V
10% July
Jan
133
31%
——
'."Z ■
•
Jan
19%
Y
Jun
40%
1%i
—.
x31%
5
common
conv
—
——
Refrigerator $2.25 pfd
Common
—
•
#
2
Mar
14
'
•
(Harvey) Inc common
Humble OH ft Refining
Apr
6% Mar
9ys Mar
800
mmm*
Mapes Consolidated Mfg Co
'
f
39%
—
—
15
Hubbell
Hurd
—
—
«...
•
_
/
68rJ
9%
7-
8%
—
6%
3%
'-n.- ■ ••
41%
"
Co
21%
11%
12%
a
Manlsohewltz
Apr
2% Jan
8% July
91
V;
8
preferred
Hussman
300'
.
'
-
Jun
10 ye Mar
■/.•-•'A.
—
——
-
50
•
'
•
.
x50%
Jap
-
8%
150
•
w'
Z—
1% July
8y« Mar
•;
6
•
A)
Jun
<
11
10
Horn ft Hardart Baring Co
Horn ft Hardart common
8 %
—
•
-
_.l
.
21%,
mmm
Mangel. Stores
Feb
9% May
17% Mar
Jun
800
10 Va
10 %
10 %
V
Jun
1%
50
1,500
1,600
„
10%
.100
common
Inc..
(Geo
i
11 V
.100
w
(R) ft Co class A
Hormel
11
Ilia
w w
w
Holltager Consolidated G M
Holly Stores Ine
Holophane Co common
Border's
10%
10%
•
common.
preferred
preferred
V
'
13%
~7-%
*
Henry Holt & Co
Hoe
•
Mar
12
44%
-V-
I"B
oommon
11%
25
Chain!
Maeklntosh-HemphlU
"
_•
35
A
8%
23
Jun
6%
„n
.
•
preferred A ctfs of dep
Maine
106% Mar
Apr
7y«
•
Hartford- Electrle Light
Hartford Rayon common.
Olan
_•
Marlon Power Shovel
Hammermill
Helena Rubinstein
Jan
Apr
M
Feb
38% Mar
13% Feb
'
Brewing Co
Hathaway Bakeries Inc
Haaelttae enrp
Beam Dept Stores common
Hecla Mining On
mm*»
111% Apr
7%
8
Harvard,
Jun
13%
Apr
7
•
Bridge Co Ltd
Paper common
Jan
5%. Jan
Jun
Jan
5%
4,90(j
-
.
Jan
H
Hamilton
13 Va
8%
6%
100
100
11%
Lynch Corp
11% Jan
103%
136% 138
106 VI
62%
Jun
450
138
100
7%
5% Jan
1,800
9%
35%
v
10%
110
common__25o
Co
6%
5%
.
9
6% preferred B ctfs of dep
Louisiana Land ft Exploration
Louisiana Power ft Light $6 pfd
.
Lamp
3%
5%.
Inc.
Marconi International
Hall
13 Va
Jun
10
12%
—
Common ctfs of dep
Jan
110%
10%
25
pfd
Jun
7% Jan
12% Mar
Feb
May
19
Longtaea-Wlttnauer Watch Co
Long. Island Lighting. Co—
Jan
49% Mar
1,200
110%
100
Utilities, $4.40
II
53%
5
7
*
Gypsum Lime ft Alabastlne.
Jun
Jun
48
9
stock
common
Mar
21
'
Lone Star Gas Co. (Texas)
Feb
l
Co
Great Atlantic & Pacific Tea—
6%
12
V."
——
Class' B
May
Jan
74%
10
Gray Mfg
States
'21
pfd—.29
conv
100
6%
Groceterias class A
Locke 8teel
Jan
•
Mfg common
Graham-Paige Motors 8*
Loblaw
Jan
43
1
Garham
300
5%
Lit Brothers common.:
14% May
'
Jun
50
Grand Rapids Varnish
Jan
12
'
Corp common
I
Lipton (Thos J) Inc 6 % preferred—Jl
11% Jan
.
35
•
class- A
High
10
10% Mar
18% Apr
21% Jan
16%
17
*
Mfg Co
(RG)
7'A
12%
12%
Lionel
Jan
*
Sugars class A—
7%
—
Line Material Co
18% Jan
9%
1
common
Tourneau
Feb
Apr
12%
8
B
Non-voting
Le
3% Jun
5%
11
Inc
Gorham Inc
Gulf
Jun
5%
*
$4.50 prior preferred
Goldfleld Consolidated Mines
Goodman
2%
28
Coal
(Adolf) Ino
Glass
300
•
Glenmore Distilleries class B
Godchaux
2'A
100
150
-
mtam.
Lakey Foundry ft Machine
Lamson Corp of Delaware..
Lanston Monotype MachineLa. Salle Extension University.
Lefcourt Realty common
Feb
•
common
Globe-Unton
Gobel
5%
113% 113%
11'A
12%
7%
Co
Lake Shore Mines Ltd
Jun
103
Jan
1
Gladding McBean ft Co
Glen
Jun
Jun
3%
1
Corp
Gilbert (A C)
Gilchrist Co
29%
500
Brewing
Laelede-Ohrlsty Company—
L'Alglon Apparel Inc.
6% Mar
8% Feb
35% Jan
3%
•
Xeilowkimc Uum Mines—
cruuik
700
32
Jun
Jun
100
$6 preferred™*
Georgia Power $8 preferred
•
preferred
1,700
3V2
1
50c
General Public Service
IS
5%
7%
*
pfd_____100
6%
General Phoenix Corp..
General Plywood Corp common
5%
5 %
11%
11%
Knott Corp enmrnnn
Kobacker Stores.
*
1
10
Low
9% Feb"!
.it'
Feb
200
£1
dep rets ord reg
General Finance Corp common
1% preferred series A
General Fireproof tag common
Range Since January 1
High
Jan
Feb
Low
Shares
1% Apr
400
5 %
conv preferred
General Electric Co Ltd—
Amer
Jun
22%
Supply Corp com—1
29
General Builders
5%
5
'5 V*
Jan
4y4
1
1
*
Co
Sales
for Week
Range
of Prices
Par
15% Apr
92% Feb
88%
100
preferred
General
Bale Price
Klein (D Emll) Co common..
Klelnert (1B) Rubber Co..
•
Gellman Mfg Co common
Last
New York Curb Exchange
Range Since January 1
G
Gatlneau Power Oo common
Week's
STOCKS—
Sharer
—
—
—
Corp—
17
..
17
17
100
8%
Jan
26%
10
F*b
Jun
30%
13%
Apr
Feb
15%
Jun
20
Apr
31
32
COMMERCIAL
THE
(132)
NEW
YORK
RANGE
La si
Exchange
New York Curb
Low
Par
preferred,
2d
5%
Class
S
Niagara Share Corp common——
Niles-uement-Pond
9
American
North
0
•
Mines
Nipussmg
class A
Rayon
Central
North
1
Airlines
Northeast
North
pld.100
1
*
Aircraft Inc
Corp
Northrop
10
Novadel-Agene
Par
92%
Jan
.
96 V* Apr
,i
%
Feb
V*
9V<
Jan
10%
Apr
8%
8%
8%
900
7%
Jan
9% Mar
9%
9%
9%
100
8%
Apr
llVa May
St
Jan
500
"
,
Corp Ltd common—
Lawrence
1st
preferred
conv
United
Samson
%
1,000
%
30
31 '/2
700
28 Va
31
31
100
28
it
30
Corp
Brass
4%%
Natural
Oklahoma
Poindexter
Ola
•
100
15
preferred
Gas
Distillery
1
Bcovill
Jan
Securities
Jan
2'/a
50
101%
Co
Apr
89
Feb
Segal Lock & Hardware
105
Jun
Selby
Jan
Jan
Selected
700
5% May
11%
13 Va May
15 %
5% %
1st
33%
2
600
Feb
300
32%
40
106 V*
28%
1,400
G%
8%
100
|
28%
—
33%
-
Jan
40% Mar
Feb
27%
2%
Jun
108% 108%
33%
m*+'
stock
Inc
25
31
Lighting $4.50 preferredPower
&
Light 5%
Seton
$1.30
1st
14
Mar
'.■<
Apr
14
22%
Jan
400
6%
Jun
Sherwin-Williams
Jan
Jun
11%
•
11
common
Jun
8 V* Mar
Parker
100%
25
—
2
2%
G%
6%
7 Va
1
•
100
Co
Governor
Ltd
Erie
RR
Power
1st
&
80
Jan
41
Jun
Jan
25% Apr
Apr
29% Mar
ir 8% Mar
7
200
50
3%
200
Pressed
4%
2%''''
2%»
2%
II
"6
,
18 .18
America
&
Jan
Apr
Jun
8%
Jan
Jun
24%
Jan
6
18
2%
Jan
1%
100
1V2
Jun
11%
2,000
10%
Jun
37%
37%
100
36%
Feb
58
58%
300
55%
Jun.
16
58%
16
200
14
3
4,300
Apr
Jan
Mar
39
5%
6
*
■'
1,800
Simplicity Pattern common
Simpson's Ltd class B
Amer dep rets ord
8ioux City Gas
3.90%
~8%
co
300
Smitn
(Howard)
~1%
Jun
Jan
38
Feb
8%
Jun
Jun
11 Va
Jan
900
1%
Jun
1%
Jan
7%
•
"1%
7%
100
7
Jun
8%
Jan
100
9%
Jan
10 V*
Jan
9%
—100
97
9%
97
Light—
;
:;0
93% 100
95% Jan
100% Jan
100
75
94%
11%
12
200
11V*
10
—
com
10
100
Jan
Sonotone
5%
original
6%
preferred
—
1—100
147
Quebee Power Co
83%
160
147%
14%
50
14%
21%
12 V*
7% May
143%
Apr
Feb
92%
Jan
148 %
Jan
14% May
$3
convertible
Raytheon
preferred
Manufacturing
Shoe
Richmond
Rio
&
23
18%
54
-
Engineering
J,
15%
1,200
20
2%
2%
3%
it
100
18 %
17%
18 Va
200
Rolls
21
1%
1%
9G%
1%
92
900
dep rets for ord
Cable
Roosevelt
Corp
40
Pield
(The) Corp common
Royalite Oil Co Ltd
Russeks Fifth Ave
Aeronautical
Consolidated
Ryerson
Ar
Havnwi
Apr
Apr
7
22 V*
7
1%
Jan
21%
Jan
19%
Jun
25%
Jan
Jun
2%
Jan
1%
Apr
2%
Jan
89
Jan
93
89
89
5%
Jun
7%
Jan
July
221
236%
Jan
2% Mar
30
88%
3%
93
Apr
~9%
%
Jun
26% Mar
8%
Jan
12%
Apr
Va May
1%
Jan
700
V*
2,200
2%
3
6%
6%
1,100
2%
Jun
600
6%
Jun
8
Jan
2%
—
Jun
3%
Jan
26%
26%
16
26%
36%
Jan
18
Jan
16
1,700
25
14
May
Jan
3%
Jun
10
37
—
26 Va
26%
27%
28
?
Apr '
Mar
v
Feb
May
29%
Feb
May
26% Mar
29 V*
1,200
26% July
6% Jan
5
26
Spencer Shoe Corp
•
Btahl-Meyer Inc
45
30
700
"
23% May
4 Va Jun
Jun
3%
•
Jan
39
2% Mar
Jan
3%
4%
Jun
Apr
Jan
'
Standard
Standard
Dredging Corp common
$1.80 convertible preferred
Standard Forgings Corp
Standard Oil (Ky)
*7%
Stetson (J B)
(Hugo)
Sun Ray
16Va
Jun
29%
23%
29%
1,700
28%
Feb
1%
1%
1%
1,900
1%
Feb
18
8
8'/a
400
8
21%
Feb
4% Mar
19
May
10%
Jan
31% May
2%
Apr
2%
Apr
1%
"£
3
2 Va
4
300
3%
1
69%
6 Va
6 Vs
1
•
400
6%
Feb
Jan
2% Mar
Apr
Jan
67%
Jan
75
Jun
24%
Jan
15
Jan
7
May
1,400
\S
u
2%
2 '/a
3
% Mar
4% May
Apr
400
—
lVa
Jan
2% May
4%
Jan
9% July
% Mar
1
1
•
5
1
3%
9% May
5% Jan
400
%
Jan
Jan
2%
50
10'Af
7%
139
19%
10
19%
10 Va
com—.1
69%
19%
■
Jun
2
200
Jan
2%
1,900
Feb
6
100
2 Va
2 Va
6
2%
"3
1
Corp
Jun
•|" 8% Apr
'
112%
—
1
common..—
Co
&
50
18
1
12%
Jan
2%
Apr
.
14
14
100
10%
Feb
14
12 %
13%
200
10 Va
Jan
13 Va
4%
Jun
5%
Jan
•
16'A
16%
50
Apr
17%
Jun
1
Stop & Shop Inc
(S)
Jan
•
common
Co
Jun
2%
1
Co
Sterling Aluminum Products
Sterling Brewers Inc
{Sterling Engine Co
Sterling Inc
16
400
1
10
Corp
& Co
50
3%
% Mar
^
Jun
13
•
(The)
(A)
5
17%
3% P
_
Jun
100
20
preferred
Products
~7%
17%
1
Standard Power & Light com
Common class B
Standard
%
2.78
1
10
Brewing Co
Standard Cap & Seal common..
Convertible preferred
Stroock
Feb
Jan
25%
~9%
V*
26%
Stlnnes
May
2'A
2'A
600
2 V*
Jun
3
Jan
7%
7%
125
7%
Jun
11
Mar
,*
common
—
25c
Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
Swan Finch Oil Corp
—
-
"7"%
15
14
July
Jan
m
Tampa Electric Co
Inc
&
Co
Tllo
new
Corporation
"lOO
common
5
Tobacco
Construction-
&
Allied
900
400
14%
14%
9
mm
/
14%
7%
7%
1
10%
120
200
9
9
Feb
7% July
200
10%
■
__
Jun'
Jan
52
__
——
July
11
•'
•
Stocks
Jan
May
14% July
100
'■
7%
Jan
26
90
__
—1
Realty
&
29
14%
xl25
124
—
-25c
Inc
Roofing Inc
Tlshman
—
5
common
Markets
28'A
14%
pfd
Light 7%
14%
29
common
common
29%
15 Va
Apr
Apr
Feb
128
17 %
Jan
13%
Jan
12% Mar
10%
Jan
13%
Jan
63 % May
Tobacco Security Trust Co Ltd—
—£1
dep rets ord regis
dep rets def regis
.
%
.100
Tonopah
pfd
Mining of Nevada
Corp
Temper
Trunz
9
125
91%
Jan
%
800
3'A
400
2
V*
2% '
2,900
__
mil
—
__
•
preferred
Apr
2%
Feb
Jan
98
it
Jan
4 Va
Jan
2% Mar
--
i
—
.
—
—
15%
Jun
18%
Feb
Jan
24%
Jan
3%
Jun
7%
Jan
8%
Jun
11%
Jan
1
•
convertible
Jan
2% Mar
ft Jup
3 Va
Feb
Jan
60
24
400
17%
16
17%
_
com
6%
Jun
Jun
Feb
i*
2'A
_
Jun
1%
3 Va
——
3V4
%
x39
300
2
95'A
95
95
1
warrants
Corp
300
3%
400
44%
1%
1
Inc
Tung-Sol Lamp Works
80c
—-
.700
Lux
Tri-Continenta'
True
%
42%
5s
..20
Jan
1%
Apr
U
Ulen
Realization
10c
5
Corp
Corp
Unexcelled
Union
of
Gas
2%
Union Investment Co
2%
500
1%
Jun
3%
9 V*
9%
600
7%
Jan
9%
Apr
6%
Canada
2%
9%
Chemical
Jan
6%
Apr
4
Jan
Jun
27
Jan
•
96
96%
200
92% Jan
97%
Jan
.—100
$3.75 pfd series A
Union Stock Yards of Omaha—
56
56
110
53% May
57
Jan
Feb
Jan
20 %
Jun
100
x6%
Feb
United
Aircraft
Chemicals
Corp
10
5%
37
Feb
United
Elastic
Apr
United Gas Corp common
United Light & Railways
7%
Feb
Jun
800
ft
11,900
50
25%
16
16%
13,600
-15%
Jun
21
26 Va
26%
8,200
21
Feb
30% May
2 Va Jun
32
ft
May
Va
-
27
•
10
7
-
■*
26 Va
'
27
113
5%
600
5% Mar
6% May
Feb
United
Juif
10 %
500
Jun
6%
United Molasses*
4
4%
3%
Feb
3%
Jun
5% Jan
5% Mar
75c
Milk
Amer
United
Prr ducts
participating
dep
N.I
common.
preferred
•
16
*
16%
180
&
Jun
7% May
Jun
15%
ft
Jan
30% May
Jan
10%
Jan
21
Mar
Co Ltd—
4%
rets ord regis
RR
Jun
Jan
Jan
39
Jun
'
Corp
3%
1%
3*
common
Apr
Jan
1%
-1%
50c
Products com—
warrants
4%
1,200
Apr
1
3%
1
33.
29 V*
-.i;"
25
preferred
6%
Petroleum
Jan
May
Southern Pipe Line
Southland Royalty Co
5%
common
For footnotes see
page
4%
'
28
4%
Co
16
Jun
Union Oil Co of California—
■*1,200
common
Jun
100
27%
$7
Jun
Jan
13% May
3%
120
28
Jan
Jun
8% May
21%
~57/a
223%
25
preierence
cum
Mar
20
5% Jan
4
21%
"5%
22l
4.48%
United
Co
100
400
United
Inc
Ryan
7%
Jan
18%
Rowe
Ryan
56
Mar
reg__
common..
Rotary Electric Steel
20
May
17%
f
60
107%
Jan
27
4% Mar
May
% Mar
100
Royce Ltd—
Amer
1 1
26
1%
2i:
Rochester Gas & Elec 4% pfd F.
Roeser & Pendleton Inc common
Rome
Jun
19
2% July
Grande
1
II Jan
3
\
Valley Gas Co—
(Texas Corp) v t c
Jun
4 Va
200
U
Jan
52% Mar
1,000
3%
it
_•
Radiator
July
21% July
16 Va Jun
2,700
2%
9
20
4%
4%
"~i
25
125
54%
4%
5.29
Co
Vp
8,000
%
1
(Robert)
Reliance Electric
Rlce-Stlx Inc
17%
9
common
Co
Reis
17%
Jan
Mar
11%
3,200
Trans
21%
•
Reading Tube Corp class A
Regal
.v.V
300
29'A
Toledo Edison 4'A%
R
ft
53
105% Mar
14%
221
10
Shipyard Corp common
Toklan Royalty Corp
%
12%
15 Va
Amer
''
10
23 Va
Amer
Va
200
Edison—
Todd
Aadlo-Kelth-Orpheum option warranto.
Railway & Light Securities—
Voting common
_io
Railway & Utility Investment A
1
Rath Packing Co common
jn
Raymond Concrete Pile common
•
53%
Jan
Jun
13%
-
Jan
Jan
Mar
85% Jan
100
Apr
14%
23%
Thorofare
36%
22%
Jun
28 Va
Thor
86%
Jan
10%
29 Va
Thew Shovel
•
19%
1,700
25
Texas Power
common
Apr
400
13 Va
25
25
4.32%
Jan
Feb
20%
preferred
preferred
conv
13%
3%
4.56% conv preference
cum
Jun
11%
—
12.50
Pipe Line
California
4.88%
Apr
Jun
1% "3 V*
1
■;
Jan
it
Jun
1
Pa
Jan
4%
2%
—
1
Boss Manufacturing common
Southern
5
Jun
400
12%
—
1
South Coast Corp common
South Penn Oil common
Southwest
Jan
' Jun
%
•
Co
Corp
Technicolor
Oats
2
200
July
Jun
9
5
10
3
200
%
18
1
SSolar Manufacturing
Jun
1%
Manufacturing
Quaker
Paper Mills
Solar Ail craft Co
Jan
7%
100
2'A
107% 107%
—
100
preferred
Jan
26
1
T':V
~3%
•
8%
8%
—
J
Feb
£1
regis
5%
Apr
78%
May
8%
100
Jun
Jan
76
Jan
& Elec Co—
Feb
14%
Feb
•
Singer Manufacturing Co
Singer Manufacturing Co Ltd—
'69%
95%
78 %
8%
•
1
Jan
Juir
72% May
%
•
r
150
2V*
•
5%
Jan
75
"3%
•
Stein
11
3%
Publications—
Btarrett
91% July
Jun
19%
—
•
Ltd
Jan
20
Feb
2%
Jun
58%
Jan
50
Jan
16%
15'
58%
4%
12%
Jan
1%
Jun
850
•
25%
92 v
17%
Jun
75
"3%
•
Breweries
Jun
%
2,800
12
Jun
12%
15
Apr
17'/a
20%
Shoe Corp of America class A
2
Jan
"2%
13 Va
Jun
91%
Jan
2,800
20%
4%
400
Jan
19%
Jun
~2%
—
100
Canada
of
Standard-Thomson Corp
Standard Tube class B
13% May
1
1%
28 %
10'
200
%
Jun
20% July
700
"2%
11%
5%
1
Apr
2%
11%
16
"2 V*
Steel Co of Canada
5Va
;
3~ft
,
-
11%
"2%
3%
6-
prior
Pyrene
3%
1%
2%
5%
"—2.50
common
preferred
Puget Sound Pulp & Timber
Pyle-National Co common
Apr
Mar
13%
100
•
Providence Gas
Public Service of CoForado^""
iV*% cumulative preferred
$5
I
V 10"
Feb
10%
11 Va
—2.50
Producers Corp of NevadaProsperity Co class B
Puget Sound Power
-r
Mar
59%
•
Jun
300
6
Jan
4% Mar
Jun
11
—1100
_
of
5% Mar
41%
'1%
"2,900
10
common.
Jan
1,300
25
common
preferred
Sherwin-Williams
Mar
106 V* May
Jan
3
1
Co
Inc
Metals
Jun
Apr
2% Mar
-!
50%
550
.
1
Prentice-Hall
Jan
32% Mar
50
54
47
v
8%
9
common
common-
preferred
Lambert
34%
Jan
5%
Jan
Jun
100%
4
34%
—250
Alexander
Corp of Canada
6%
Pratt
Jun
2,900
104% 106
50
Scale-. common
&
Jun
IV*
1
Mining Co
Powdrell
~7% ~7%
3V»
_2
Pleasant Valley Wine Co
Polaris
"7%
106
l
Pltney-Bowes Inc
Pneumatic
Jan
Jan
shares
Pioneer Gold Mines Ltd
Piper Aircraft Corp common
Pittsburgh Bess & Lake
Pittsburgh & Lake Erie
Pittsburgh Metallurgical
24%
27%
—1
Amer
May
3
•
common
Johnson
Apr
:14%
Jan
150
42
52%
•.
11% Jan
17
23%
41%
1
50c
Jun
50
21
Philadelphia Co common
Phillips Packing Co:
Jan
900
4%
2.50
Pharis Tire & Rubber *fcoramon
Feb
Apr
4
11V4
3%
4%
•
(Mass)
25%
38%
Jun
15%
2.50
Perfect Circle Corp.,
Jan
Apr
19
•
pfd
Pierce
May
6%
3,400
29
Penn Water & Power Co
Pinchln
Mar
"19
1%
20,800
29
common
Pep Boys (The)
Pepperell Mfg Co
98
Feb
23%
2%
•
common
Penn Gas & Elec class A common
Penn Power & Light 4%%
Traffic
July
Jan
15
•
$1 cumulative preferred
$1.32 cum preferred
Penn
Jan
94
1
Ltd
Corp
102
Jun
Jan
Jan
38 %
Patican
Pennroad
32%
150
0
Telephone
Apr
98
98
1
Peninsular
36
29%
2%
Parkersburg Rig & Reel
Patchogue Plymouth Mills
Co
Apr
200
•
Co
Pen
8%
Jun
32 V*
400
34%
•
Pantapec Oil (CA) Amer sh
Paramount Motors Corp
3%
1,400
5
—*
1
Shawlnigan Water & Power
Stieller Mfg Co
12%
...
"
preferred—
Jun
1
100
l'A
•
Leather
Feb
50
31
.100
Page-Hersey Tubes common..
Pancoastal Oil (CA) v t c_.
2%
27/a
23%
16%
1
1
1
B)
Radio
Apr
400
'i,iV
101% 102
101 %
pfd—.
Jan
12%
1
Corp common
Control
Serrlck Corp class B
(R
Safety
0 Va
6%
Pacific Public Service com
2% Mar
2%
certificates
31%
27% July
8'A Jun
7%
34
Pacific
Jun
Jun
1% Mar
25
Shattuck Denn Mining
15%.
7
1st pfd__, —25
Pacific
IV*
1%
15%
1%
prior
Jan
300
200
11
11%
5
Jan
112
11%
•
"
11%
15%
15%
preferred
Jan
11%
"
1
Industries Inc common
stock
Sentry
common
Elec 6%
19%
Jun
1%
"I
Convertible
$3 convertible preferred
&
Jan
Jun
4%
1 Va
1
•
Co,
Shoe
Slck's
Gas
8%
14%
1
Sllex Co common
Pacific
3% May
600
*
1%
2%
23% "
*
Inc
Jan
300
2
High
4,000
:
21%
—
•
common
8immons-Boardman
Pacific Can Co
Low
1,000
"
6'A
1%
2%
1
1
Corp General
Bros
Sentinel
1
Securities
Overseas
16
1%
25
July
'
O'okiep Copper Co Ltd Amer shares
1%
common
Seeman
7 Va
2
Inc
A)
Steel
3 Va
14%
G%
(D
15%
2%
14
1
Inc
Range Since January 1
;■> '
5,
15%
Manufacturing
10% July
100
82
14%
Schulte
Jan
Bcullin
104%
104
Jan
Jun
900
2Va
2%
104
Apr
1
2%
10%
10%
•
United Filters class B
Oliver
Omar
4%
5
Corp common
37
Apr
Feb
1%
80o
common
Co class B common
Shares
High
5%
37%
Apr
Mar
Semler
Power
f • Low
—
Savoy Oil Inc (Del)
Sayre <fc Fisher Brick Co
O
Ogden
•
for Week
-
\
Allotment
Ohio
of
Salt Dome Oil Co
$5.50
Ohio
,
Sales
Range
of Prices
Apr
400
90
Co
RR
Penn
Northern Indiana Pub Serv
100%
32
•
•
Utility Securities
Texas Oil
American
94 % Mar
175
Week's
Last
Sale Price
Exchange
New York Curb
Apr
10%
*
Class B
North
95!
11%
*2
*
Nineteen Hundred Corp common
8
High
Jan
7%
10 •/«
—.
JULY
Range Since January 1
34,900
10 Va
;
optional warrants
B
93
95
100
100
EXCHANGE
WEEK ENDED
Friday
Low
11%
97%
--1
Niagara Hudson Power common
6% 1st preierred
Monday, July 11, 1949
STOCKS—
Shares
High
10%
10%
CURB
for Week
Range
of Prices
Sale Price
FOR
CHRONICLE
FINANCIAL
Sales
Week's
Friday
STOCKS—
&
Canal
100
241
241
243
110
241
Jan
4%
Feb
July
246%
Feb
Volume
4819
Number
170
•
&
COMMERCIAL
THE
.
CHRONICLE
FINANCIAL
RANGE
for Week
Last
Sale Price
Sales
Range
STOCKS—
New York Curb Exchange
JULY' 8
Friday
Week's
Friday
WEEK ENDED
FOR
of Prices
Period
New York Curb Exchange
Range Since January 1
Week's Range
or Friday's
Last
Interest
BONDS
Shares
33
.
EXCHANGE
CURB
YORK
NEW
(133)
"
4
"
•
Sale Price
Bonds
Range Since
Sold
Bid & Asked
Jan. 1
*
United
Profit
10 %
,
'
>*
•
Sharing
Specialities
U S Air Conditioning
1
Corp
6%
S
and
$5
U
S
International
1st
preferred
Radiator
U S Rubber
Securities
Jan
Jan
6%
Jun
8%
Feb
A 7s
Jan
Altalian
400
2%
!
75%
"T 200
3%
3%
1,500
%
1%
100
2
200
1
1%
50c
Insurance
v
44
400
21%
200
35%
44
Feb
21%
Jun
2%
2%
2%
1,300
2
22%
23%
800
21
Jan
2%
Jan
Midland
at
preferred
Vanadium-Alloys Steel Co
Venezuelan
1
Venezuela
Vogt
*
Petroleum
Syndicate
64
10
63
Jun
71
Juri
600
3%
Jun
*
—*
37a
•
2%
*
to
27a
2%
:
100
11
Jan
5%
*7
17a May
300
11
11
11
Apr
Wagner Baking voting trust ctfs
& Bond
$2
.100
Ward
Inc
.
Co
Watch
-
1961
106
1st
1968
A-0
106%
106% 106%
106%
108
mtge 3s
1971
A-O
103
104 %
Lexington 1st mtge 3s
1964
J-J
Power
mtge 3'As
Hydro-Electric
6'As with
Oct
Oct
ex
Aircraft
1947
Service Elec
6%
50-year
&
.1.25
Wentworth Manufacturing.
West
Utilities
%
Western
Tablet
Western
&
$6
Stationery
—
•
com
10%
2%
Jan
650
2%
Feb
4%
Jan
7e May
1 'A
Apr
6% May
Jan
7%
Gas
200
Feb
112
Jun
100
21%
21%
155
26
Feb
28
675
Jun
36
106%
*46%
1998
26
51
50
156'/a 157%
A-O
23
148%
157%
102% 102%
157%
J-J
1952
:
4
101%
104
Counties
22
Gas
A 7-4s
106
104
104
A-O
105'A 106
103%
106'A
99%
106
—
J-J
*100% 102
F-A
*105% 106%
1989
1950
M-N
104'A
77
78
A-O
*120
123
A-O
65
130
65
1946
J-J
*34%
1946
A-O
*34%
101
106%
77
1966
Corp—
95%
127
63
72 V.
40- ;
18%
52
40
18
52
30
59
'
stamped
(Hugo) Industries—
'2nd stamped
Stinnes
105%
$103'A
1970
3%s
5s
(Hugo)
3rd
*105 % 105%
F-A
1971
& Elec
Corp inc 5s
collateral trust
A7-4s
105%
J-J
—
AStarrett
Stinnes
114
103%
1970
3%s
(Calif)
mtge 3s
Southwestern Gas
Spalding (AG)
10
105% 105%
1973
California Gas
5s
M-S
105%
101
102%
1973
A
Southern
1st
*._
1965
3s
3
109% 111%
A-O
109%
100
MS
1951
California Edison
series
100%
*100
M-N
3S.1981
1952
6s B
Southern
Jan
20'A Mar
27%
•—-Z. z
105'A
*15
1960
1st & ref M 3s ser B
Apr
Jun
138
—
106%
106%
Co—
A
Joaquin Lt & Pow
3%s
Jan
115'A
400
105%
*106
J-J
coupon—1960
coupon
debs
series
5 %s
Jan
Jun
mm
21%
21%
"20
Westmoreland Coal.-
'
—
Jun
%
7
7
«—
•
preferredMaryland Ry 1% 1st pfd. IIoo
Texas
Jan
6'A
if
96
93
96
96
105% 105%
Queens Borough Gas & Electric—
Jan
Mar
2%
100
%
3 «'-7.
3
3
1
Corp
*.r
I9G
l®6
9%
7,300
7%
7%
__
1
/
Co—
1940
1
1
*104'A 106
J-D
1970
Public
Apr
111
Mar
}? May ft'';
■
65
105%
104'A
Jan
17a
Jun
8
i
:
m
102
57
103%
Safe Harbor Water Power Corp
Jun
109
mm
»
.
1%
600
8%
8%
'
__
Baking Co warrants
Warner
300
1%
■
mm
__
1
30
preferred.
cum
Waltham
~8%
ext.*
preferred
7%
Waitt
1%
•100%
58'A
106
Southern
j-
58%'
104%
A6 %s
Jan
3
12%
July
W
•
Co
*100 'A 101
A-O
104
Light 4%s
Scullin Steel inc mtge 3s
Aircraft
F- A
1963
;
106
1st
San
Waco
109%
106
Park
34% Mar
4
64
——
20c
Inc
Manuafcturing
Jun
25%
5
105
108%
MS
Ohio
A
convertible
102%
109%
M-N
Gas
Piedmont
$4
105
*109
England Power 3%s
New
Jan
6%
4
4%
40%
$103
J-J
___1967
Milwaukee
Apr
24% May
800
4'A
21
J-D
Pennsylvania Water & Power 3%s_1964
1
common
*34%
1956
4%s
4%
50%
37
115
J-J
1969
Light 3'As
Valley RR—
Extended
78%
27%
1966
3%s_.
Power
McCord Corp deb
62
55
*48
1963
Superpower 6s
Kansas Power &
'
Corp
High
"
1952
1947 coupon
1
3'As
Valspar
' 74%
74%
J-J
1952
8
Feb
26
Feb
22%
July
x25 %
ex Nov
Kansas Electric
Jan
V 2% Jan
Feb
724%
•
common
1%
Jun
5
Utah-Idaho Sugar
Utah Power & Light
Jan
Jun
,1%
42%
10
6%
'
10
Universal Products Co common
79% Mar
Jun
1
Jan
3%
Feb
ctfs
escrow
Isarco Hydro-Electric Co—
A 7s with Nov 1
1940 coupon
16 % May
Jun
73
3%
21 %
44
10
.
1,200
3
1%
ft July
12 V4 Mar
75%
1"
Universal Consolidated Oil
1
500
3%
1
United Stores Corp com
Universal
Jan
1
2%
•
Reclaiming Co
6%
74
Low
No.
Co—
Power
ADebenture
7%
52%
40%
14
•
warrants
with
common
Interstate
Jan
42 !/2 May
«
14
1
Apr
.37%
875
13%
10c
...
1%
High
.
100
50%
39
common
Jun
5% May
49%
38%
50 ^
25
common
High
60
10
Machinery
U S Foil Co class B
U
%
25
Shoe
Preferred
United
Low
High
25c
com
preferred
United
Low
Par
.
Low
y
.
7
Jun
27%
'
Whitman
Wichita
(Wni)
Oil
Wickes
(The)
Williams
Wilson
Corp
Woolworth
(F
ZV
16
16
'
7%
7
Jun
9
Jan
Feb
8
Jan
100
27e
"v.
'
~
29%
23%
70
Feb
98
400
Jan
'
15% Mar
Jun
13
30%
100%
5
Apr
Jun
Apr
33
10474 Mar
2
9%
200
8%
Jun
107a
Jan
8
common
9%
10%
10%
200
10%
Jun
14
Jan
United Electric Service
x6%
Jun
A 7s
with Dec
A 7s
ex
Dec
1
'
Waldorf-Astoria
A5s
u—
Co—
1940
1
10
55
55
*15
A6'As ex Aug
1956
52
*48
1956
coupon
1947 coupon
*15
28%
50%
82%
86
106%
108
Hotel—
Washington Water Power
Penn Electric 5s
J-D
A-O
J-D
*119%
1959
F-A
: 102
105
109
—
118%
119%
103
100%
103
106 '/a 106 %
106 %
Union—
6s conv s f debentures
85%
107'A 107'A
1964
2030
1960
3%s
West Penn Traction 5s
Western Newspaper
85%
M-S
-1954
income debs
West
Ltd—
W)
Hydro-Electric Co—
1940 coupon__1953
1 1947 coupon
7953
A6'As with Aug 1
Apr
10
4%
100
May
8% July
225
mm.
——
•
Terni
Jan
19
Jun
9
4%
2'A
5%
./-
Z100
pfd
May
16
200
7%
"8%
;
'
0mm*'
25
__
200
:
!Fi3/4 ivr^r
Jun
2
'
'
'mm,
1
Inc
Petroleum
Woodley
'
7%
mm
1
w
Industries
L.
mm.
14
;
,
.
,
«
Winnipeg Elec common
Wisconsin Pwr & Lt 4%%
Woodall
"•
—
mm•
5
common
preferred w
1
10
& Co
Brothers
5%
-
.
Corp
(R C)
~
.mm''
Products Inc
Willson
-
_
& Co
River
•
-10
Westmoreland Inc
Weyenberg Shoe Mfg
'
American deposit
receipts
__£1
preference
6%
5s
.
Av'.y
«...
mm.
'
'
•
-
'
V'' '
2%
2
2
— —
'
0mm
mm.
•
Wright Hargreaves Ltd
-
.
8% May
mm
———
•»_
——
—
2ft Apr
1U Jan
8,600
ap'i
Week's Range
Friday
Interest
BONDS
Period
New York Curb Exchange
Last
or
Sale Price
deb
[—1970
5%s A__
Bell
Telephone
series
5s
Bethlehem
of
C
J-J
J-D
102%
105%
107
3
1007a
102%
106
106%
1083A
6s
1998
Q-F
1970
J-D
1948
1954
J-J
M-S
100'A
Z;
—
107
107
2
160%
13
1017a 102%
162%
100"/a
*162% 165
1017a
1U2 %
^Central States Electric Corp—
A 5s
redeemed)
(20%
Cities
-
redeemed)
(20%
A5%s
Service
1966
MS
106%
104%
104
107
1C6% 107
Debenture
5s
1969
MS
Debenture
3s
1977
J-J
105
1027a
15
106
107'A
104
87
9174
A-O
104%
__
"5
1017a 101%
—
Af-N
*lG07e 101 %
—
103
«
■
mm"
106
9974
10174
99%
' '.
101%
7
102'A
106'/a
--
111%
A-O
1954
4%s
*111%
~
—
of
N
A 1st
m4ge 4s
ser
B
Water Lt
&
RR
1965
5s
Ercole Marelli Elec Mfg
1
1947 coupon
Finland Residential
5s
A6'As
Power
Power
(Dec
1
Lt
&
(Aug
1941
1941
65
AMedellin
7s stamped
Mortgage Bank of Bogota—
A7s (issue of May 1927)
A7s
100
J-J
100
100
J-D
103%
10374 10374
J-J
M-N
—
$7%
Peru
Is
(Republic of) —
to 2'As (ser A B C D E)
reduced
10374
♦No
102'A
102%
41
€
104 %
58
106
e
Odd-lot
par
value,
a
transaction
(not
"
1952
51
52
*49%
-
—
55
53
80
ey4
12%
—
13%
15'A
9
16
23
24%
29
J-D
*40
42
37%
41%
4174
43
61'A
80
M-N
—
A-O
__
*
*44'A
*44'A
J-D
*30
J-D
*70
J-J
mm
5
26'/a
31
36
15'A
lSYs
24'A
29
16%
16%
26%
26%
1
2%
2%
2%
40
2
29
3'A
2%
2%
2%
25
2
37a
16%
J-J
2012
1919
1921
29
29
73%
J-D
"
M-3
J-J
included
transaction (not included in year's
in year'eranKe)
f Ex-tetriUiUon.
d Ex-interest,
range),
g ££Ujdk«T^:
56
55
56
55'A
"w
transacted during current week.
tlve; "conv," convertible;
32
prices; no sales being
54
37
—
56
31%
3
70 ;
idiJidend
Ex-liquidating divld d.
32'A
mm*
52
*49%
--m
J-J
83%
19
principal,
nUnder-the-rule transaction (not included in y«ears
(not included in year's range),
x Ex-dividend,
y Ex-rights, z
31%
2
ABonds
being traded flat.
^Reported
in receivership.
A,
i«
,
"cons,';wc0™°lid^
above-"cod," certificates of deposit;
"M," mortgage; "n-v," non-voting stock;
vtc,
i," when issued; "w w," with warrants; "x w," without warrants.
Abbreviations used
voting trust certificates,
Stock and Bond Averages
Below
listed
on
are
representative stocks and bonds
the daily closing averages of
the New York Stock Exchange as compiled by Dow, Jones & Co.
Indus¬
Rail-
Util-
trials
Date—
July
15
roads
—
2
ities
65
Stocks
First
Second
Indus¬
Grade
Grade
Util-
Rails
ities
trials
Rails
10
Total
Compiled by National
7.1:'
Quotation Bureau, Inc.
40
Bonds
Closed
Closed
July 2
Independence Day
Range for 1949
Closing
Date—
Closed
July 4
Closed
Independence Day
July 4
10
10
Total
Stock Average
(35 Stocks)
10
20
Over-ihe-Gounter Industrial
-Bonds
-Stocks-
30
July
5—
169.02
43.29
34.69
60.21
101.98
101.48
82.34
104.24
97.51
July 5
6
170.68
43.71
34.96
60.77
102.00
101.74
82.68
104.38
97.70
July 6
7
171.01
43.42
34.95
60.74
102.09
101.81
82.79
104.45
97.79
July 7
July
8
.170.92
43.19
35.03
60.68
102.05
101.93
82.91
104.54
97.86
July 8
Low
29.08
July
High
33.26 Jan 24
27.79 Jun 15
29.04
July
—I—
41'A
70%
Deferred delivery
32'A
4
55
51
51
"
63
100
—
..
•
*14
1997
stamped (Plan A)
to 3%
Government 6%s
Interest
mm
*27
2008
Denmark 5s
stamped (Plan A)
Interest reduced to 2%s
—
M-N
1972
Mortgage Bank of Chile 6s
41
1
51
*49%
F-A
1952
(July 1941 coupon)
51
J-D
1957
i
78
Parana
117%
2
42
41
*106%
--
High
M-S
r
1947
—1947
1931
(issue of Oct 1927)
A 5'As
1955
1955
1957
coupon)
78
37%
87
J-J
2008
1951
2'As
*Friday's bid and asked
coup)
41
F-A
6%s stamped_1958
(Peru)
reduced to
—
mm
*83
t
—
M-N
1952
—
52 %
M-S
1970
3'As
A7s series F
A 7s
Interest
Sec—
series E
A7s
100'A
Low
—
*40
J-D
Maranhao stamped (Plan A)
ARussian
__
1958
3%s
C
series
A6%s
>/ A7s
__
*58
33
55
1961
Power
International
*48
*15
--
1950
1963
GuanUnamo & Western 6s
Indianapolis
116
--
—
Sold
No.
High
*65'A
Rio de Janeiro
1953
stamped
Mountain
Danzig Port & Waterways—
AExternal 6%s stamped
Mtge Bank—
Grand Trunk Western Ry 4s
Green
*117%
1940 coupon__1953
A6%s with Nov
5s
48%
96 7»
Co—
A6%8 ex Nov 1
,
M-S
3274
9974
$98%
J-J
1956
.
63'A
36%
*35
May
49
3
51
*35'A
J-J
1955
1953
5'As
Mortgage Bank of
507a
Jf-N
1993
1993
Eastern Gas & Fuel 3%s
Elmira
External
External
A
Division—
J
1st mtge 4s ser A
A-O
Municipal Loan—
Danish Cons
112%
103'A
City)—
Delaware Lack & Western RR—
Lackawanna
(Col) —
A 20-year 7s
April 1946
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
Range Since
Jan. 1
Bonds
Friday's
Agricultural Mortgage Bank
104 va
•
or
Bid & Asked
*Low
107'A
15
K
90%
$106%
J-J
'—1962
2%s conv debs
mtge
J-D
1981
Q
1st ref 2%s series R
(Bait
>4
Sale Price
New York Curb Exchange
ALima City
1969
1976
1st ref mtge 3s ser P
Gas
oc
1001/a
(Bait)—
Consol Gas El Lt & Pwr
Gen
92%
ri
25
104%
897a
90
891/,
'
32
106% 107
A-O
Jan
1st ref mtge 2%s ser
24
v
99'A 100%
^..^..1958
5s
Debenture 5s__.
Consolidated
96%
95%
96%
Last
Period
10674
106%
Week's Range
Friday
Interest
BONDS
17
* 1G6
—
2%s
Steel
Edison
Boston
3%s
Canada—
/
High
106% 106%
Jtf-N
1964
Atlantic City Electric
Jan.1
Low
No.
102'A 102%
J-D
1955
1960
Tel & Tel
Assoc
Range Since
Sold
High
Foreign Governments & Municipalities
A
•a.
Bonds
Bid & Asked
Low
Appalachian Elec Power 3%s
-?*♦
Friday's
-
-
29.30
29.29
Range for 1948
High
Low
37.83 Jun 10
32.37 Dec 29
.
34
THE
(134)
COMMERCIAL
&
FINANCIAL CHRONICLE
EXCHANCES
STOCK
OTHER
RANGE
FOR
WEEK
JULY
ENDED
,'• •
Boston Stock
Week'a
'
,
;
:
-
American
Agricultural Chemical
American
Sugar Refining
Ac Tel
35%
140
140
Friday
-
Low
37%
40%
36%
Jun
150%
i
Car
Shares
...
Range Sinee January 1
High
7
T
■
20
—
25
J*
common
24
'
Low
6%
High
Jun
10%
100
24 %
Jun
31
100
22%
Feb
25% Mar
200
,
25
25
24
24
!6%
Shoe common—— —2%
Bush
Nunn
Jan
Jan
138
American
Northwnt Bancorp common.
Jan
32% Mar
10
2,189
for Week
Jan
*
North
High
34% Mar
20
35%
141%
i'Y
■
Range
of Prices
Low
2
National Pressure Cooker common
Range Sinee January 1
High
Sales
,*• "Week's
Last
Par
Shares
36%
_*
100
100
American Tel
r"
' 1
..
Sales
for Week
Low
.par
'
'
■**
'
Sale Price
Range
Sale Friee
■'
'
•
STOCKS—
ol Prices
Last
STOCKS—
8
Exchange
Friday
Monday, July 11, 1949
16%
,
,
.'..Y; '10
16% July
;
Jan
Jan
18
'
Manufacturing
Oak
*
1
common
7
7
-
6 3%
Jun
9 %
Jan
16%
Jun
19%
Jan
•
200
Pea body
25%
27
260
22%
Jun
38%
Feb
26%
28
193
25%
Jun
35
Jan
Coal Co—
5%
prior preferred
Pennsylvania RR capital
120
Jan
St
120
Jan
''
-
American Woolen
27
_
50
Anaconda Copper
pfd—100
6%
Bigelow-Sanford Carpet
Boston Ac Albany RR
100
25
Boston Edison
115
115
102%
50
40%
40%
115
110
55
101% 102%
100%
40%
Apr
f
43% Mar
Jun
Elec Co
Sangamo
Roebuck
Sears
500
1
*
,
,,'
'
common—
•;v
capital——■T-
j '
•
"
143/B
32%
170
23
•
38%
'
J
37%
J
Jun
173/4
jan
31
200
31%
32
Co
Ac
16%"
143/8
;*
»
1,579
41%
Mar
,16%
50
,_
capital—
Stockyds
Nat
Louis
—25
Feb
33
Jan
14%
23
July
29%
Jan
1,000
34
Jun
39%
Jan
250
22
Apr
28%
10%
Jun
250
24%.,
333/8
'
*Y
,
'
!
'
Stamped
Maine RR—
Boston Ac
1%
100
100
•
100
Trust
RR—f
Personal Prop
& Providence
Boston
Boston
-5
Calumet Ac Hecla
10
Service
Cities
100
prior preferred
4%%
19%
Jun
Jan
Signode
32
32
30
113
33
South
143/b
143/b July
68
17
65
305
15
65
Mass Street Ry—
1st preferred series A—
preferred class B
—
Employers Group Assoc —.——
"33/4
50
33/8
33/4
80
44%
44%
July
3%
87
5
"9%
9Va
93/8
115
65%
65%
65%
39
10
48% May
Feb
8%
12%
Swift
Jan
60
25
57
Jun
68%
25
77
Jun
88
III
—
—
'1
623/4
*
353/4
—
30
30
100
29
Jun
633/4
333
53%
Jan
208
——
—
44.01
9
44.79
44.01 July
S
Air
Steel
1
=20
-—100
—2.50
50
England Electric System
England Tel Aj Tel
North Butte Mining-,
Pennsylvania RR —:—_
36
"861
33%
Jun
40%
Jan
1
25%
27
287
23%
Jun
33%
Jan
i
Jun
49
453/4
70
Jun
56%
50
35
July
41%
49
49
28
46
Jun
50%
Jan
8%
28
9
40
53%
21%
J
_
100
103/4
Jun
15%
42%
423/4
36%
37%
18c
100
13c
Jan
25c
;
8%
9
31c
1,128
330
81%
30c
14%
80%
14%
4,500
510
14%
13%
Jun
10% May
79
Apr
87%
Jan.
27c
Jun
45c
—
•>
14
17%
Jun
[
13%
Jun
15%
12%
Feb
14
14
11
Jan
14
31%
155
29%
Jun
Radiator
46%
463/4
48%
1,578
44 3/s
Jun
50%
493/8
50%
825
423/4 May
38%
38%
20
223/4
2334
862
Week's
Last
10
——
Range
-of Prices
Low
capital
100
5
:——4
_10
common
Aviation
—;—5
_
W)
(George
111
W
Central Ac S
__1
pfd—*
;—5
common
Corp
Secur
10
Corp—;
Biscuit
Carr-Consol
Central
conv
common...
Chicago Corp common
Convertible preferred
5%
50
& St
73%
73%
10
10%
10%
600
9%
100
•
■
Co
Jan
38% May
40
Pacific
Gas
Columbia
__50
_—.
,
Corp class A___
(The)
14%
1,300
100
23.
•
100
CC
General
—25
*
1
~_25
Corp
Low
i
;
-
19%
600
7%
200
200
18
18% July
19%
•
(G)
common
Brew Co
new
Horder's
Inc
cap.
common
common
10%
Jan
17% May
600
138 3/a
400
5
Jun
%
•
Jan
4%
300
4
Jun
5%
Jan
5%
5%.
300
5
May
7%
Jan
-•
v't 11
11
29%
29%
29%
100
27
Jun *'
343/4 Mar
10
10
50
10
Jun
13%
10
10
9%
2%
113/8
Jan
100
9'/a
Jun
14
9
Feb
10%
Jan
400
2%
2
Feb
11%
Jan
14%
11%
600
10%
Jun
12%
93/4
93/4
500
9
Teb
61%
100
61
Jun
65%
West
common
Products
Corp capital
82
663/4
Jan
82
prior
Modine
preferred
Mfg
Montgomery
48%
48%
453/4
Jun
575/8
For footnote*
see
Jan
25%
26
25
Jan
27 %
26"%
Jan
16%
100
2,100
16%
10
16%
16% July
30
Jun
38
page
44.
/
103%
Jan
Jun
33%'
Jan
23%
100
10%
Jun
14 %
Jan
9%
Jun
13%
Jan
11%
Apr
Jun
1/128
Jun
5/64 May
■
200
5%
Jun
8%
Jan
35/8
400
7%
Jan
9%
Apr
TVb
Jan
Jun
39%
Jan
Jan
14% May
1
"700
36,;
:;Y.
--
' May „Y,
34V4
11%
•
353/a
—
1%
15/B
400
iy8 May
3%
Jan
6%'
63/B
800
4%
Jan
7%
Apr
200
10%
Jun
12
12
93/4
•
93/4
100*
9%
33/8
100
3%
Jun
'
:
1
■;
~~
33%
(Th6) common
of America
Corp
Republic Steel
Corp
]
;
•
14%
Jan
7%
200
7%
Jun
9%
Apr
18%
X. 600
--:
27%
Jan
53A
Jun '
4% Mar
Apr
Jan
30
25%
Apr
15%
1,100
14%
Jun
17%
Jan
64%
65%
400
60 'A
Jun
73%
Jan
—
—
•
12
Jun
16%
Jan
18%
183/4
700
1634
Feb
21 %
Jan
—1
10
10
400
9%
Jun
11%
Jan
800
2%
Jan
3%
Apr
Jan
11%
Jan
1
■--
—-
3%
3%
Corp
33/8
••
Co
17%
-
—
14%
»
&
32
Jun
—1
Spring
Corp
Wilson
Jun
93A
25
€5%
Corp common.
Oil
Sunray
Apr
100
15%
Standard Oil of N J
Studebaker
Apr
800
;
-15
Socony Vacuum Gil Co Inc
Steel
12
173/4
—
_i%
Schenley Distillers Corp
Standard
Feb
Jan
--
173%
.2%
—
24 %
10%
1
7%
7%
common
Rexall Drug Inc_—
10%
Jun
26%
10
—:"Y Y
1
Jun
8%
300
9%
26%
::-Y-'*?;
•»
common—
Apr
BVa
200 •'
;
•
v
9%
9%
Jan
Jan
193/a
9
9
-2%
Jan,a
13%
4%
Jun
3%
—
15s/8
'
.
—
common
■
..
.
11
—
'
Cincinnati Stock Exchange
Week's
Friday
Jun
31%
Jan
2%
Jan
233/4
10
23%
24V4
300
3%
1,600
3%
60
60
17
46
Jun
3% July
95
Jan
'n'.
C
Jun
Jan
Jun
Ai
'•
'*
•
Sub
Tel
Bell
Apr
Cincinnati
56%
583/4
1,300
52
Jun
623/e
Feb
6%
6%
200
G
Jun
93/4
193/4
12
100
12
July
17
Jan
193/4
193/4
400
19
Jan
22
Mar
Feb
16%
17%
1,900
47
473/4
26
12%
12%
200
X9
10
600
15
15%
400
2%
200
2%
24%—25
6%
143/4
14%
7
143/4
•
300
15%
47
July
53
Jan
12% July
17
Jan
Jun
11 %
Jan
7%
13
2%
•'
401
145
5
68%
23%
7
23%
23
(E)
Procter
Rapid
10
16%
17
95
15% Jun
25%
25%
53
53
53
10
18
23
44
—
11%
45 %
50(4
11%
45%
523/8
Jun
27%
Jan
8%
Jan
Allied
Feb
American
63A
Jun
Jun
16
U
S
Printing
63%
10
28%
65%
10
28%
Unlisted
30%
30%
"5
21
21%
140% 141%
131
223/B
22 '/a
400
9%
9%
250
2
2
19%
Apr
9% July
24
Mar
7
123/e
3,300
7%
250
123/4
1%
Jun
7
Jun
23/8
22
22
50%
65 %
.
,
•,
>
•
common
t.
10
5
258
4°3
100
24
30
Jan
7/e, Jan
.
>
Jun
Jan
19y4 Mar
27
53
Apr
July
13% Jan
49% Jan
523/8 July
11% Jun
45% Jun
43% Jan
57% Feb
9% Jun
28% Jun
'
66 % Jan
?
11% Jan
39
Jan
Stocks—
*
Stores
10
Mill
Rolling
Tel
141%
100
Tel
&
80
26% Feb
30% July
19% Jun
27% Jan
Jun
150% Jan
138
Chesapeake Ac Ohio
Service
^
25
10
.
30
__
T
,
44%
27
27%
103/4
10%
...
94
29% Jun
34% Jan
12
30%
433/4
—
-.
37% Feb
48% May
40
25% Jun
29
Apr
65
'9% Jun
12
Apr
Jan
800
50%
*
:
52%
•
7% Jan
76% Jan
Jan
12
J ;
•
,
23% July
4% Jun
Y " "v
104% July
Jun
Jun
17
50
Gamble
&
Jan
4
66
50
4,4.
.*
Sons common
Electrotype
Jan
43/4
14%
1
5%
preferred
Kroger Co common
18%
.
104% July
3
*
Insulation
Art
Gibson
Jun
50
1
50 s/8
J
'
-10
Eagle-Picher
Jun
800
:•
1
68
68
17% May
17%
47
1
'
Jan
12
•
4%
*
Crosley Motors
■
14 * May
30% May
Jun
26 Vs Apr
208
'
43A
12
15
•••••*.
104% 104'%
•
25
Warehouse
Tobacco
30
^
•'
25
50
Street
13%
29Va
29 Ve
'
,
—100
P preferred
O & T
Cine
Electric common_8%
Gas Ai
..
N
High
Low
High
13%
*
Brewing
Burger
Cincinnati
583/4
Range Since January 1
Shares
of Prices
Low
Par
Cincinnati
3%
Sales
for Week
.
Range '
Last
Jan
22%
233/4
24
6 3/4
___•
Jun
May
5 S/8
Rit capital
Jan
22
23%
•
Co
193/b
8%
—Y'Y
Jan
43
4
_25
•'"
11% May
11
Jan
14 V8
City Products
-*
Y/
Y
Jan
Columbia
12
&
35
1%
Car
Jan
253/4
10
common
Ward
Jan
Jun
i5%
5
Jun
5
Miller & Hart Inc common vtc
$1
Mar
143/4
6%
j*
;
Cities
Middle
May
Jun
1
Co
Pure Oil Co
American
Co
3
10
Feb
Jan
82
*
ft
Jan
"
Apr
11%
200
7
1
Food
YYV'
.
Feb
200
(new)
Harvester
Field
-• ■
—4
Pictures Inc new com__
United
4% Mar
1,200
13
8%
_10
1,
1
"•.*
--Y,
33.
....
Airways Corp
American
Jan
200
9%
13
_*
„
Prod common
Mickdlberry's
'.*'
200
••
—1
Radio-Keith-Orpheum
Feb
15%
4%
Libby McNeil) Ar Libby common
Lincoln Printing Co common..
Marshall
.•
8%
Ill#
Motors
Motor
Paramount
Radio
Jan
7%
Jun
Bridk Co capital.
10
Independent Pneumatic Tool common."
International
10%
5%
'
•
;
Jan
150%
Jun
53/8
"19
11
Illinois
Indiana Steel
■
10
Co
Utility Corp
York "Central
Kahn
Bartlett
'
86
--
1
Laclede Gas Light
Formica
Spencer
/
25%
——
_«
Electric
General
Pepsi-Cola
Jun
Jun
7
100
"£%
?
T._.r;T
Motors
■; High
8%
10
Hibb
10% Mav
Jun
7>/a Jun
•
<The)„
System Inc
General Public
Pan
Range Since January 1
High
12
__1
Hellman
Jan
26-
79% Apr
^
Sales
for Week
Shares
4 %
common..
Gibson
Harnischfeger Corp
;
—
1
i
w
Packard
1%
Refrigerator Co common
Gossard Co
(W H) common
Motors
\24Ya May
,
''
Farnsworth Television Ac Radio
New
140% 141%
5%
YY'
'
i.
25%
25%
new_
Co
Ry
—Y. —;';
k
Nash-Kelvfnator Corp
__10
Brewing common
(Peter)
Jan
14% Mar
10
1,000
v
—10
Curilss-Wright ;
j, =
Apr"
Jun
12
—*
Four-Wheel Drive Auto
Fox
413/4
Y
Jun
9
2%
9%
113/4
263/4
23
Sale Price
Eddy Paper Corp
10Va
'
Rights
Jun
12%
12
.2%
common-.
Domestic Credit
44% Mar
•
737/8 July
•
__
_9%
11%
•
com
54 % Mar
52 %
82
preferred (new)——,-50
_______—25
Cumulative
Crane
Jun
4
-
•v;
1
San
STOCKS—
(new)
Jun'
100
YY;';: -.H'./
Co—
Common
Jan
25
Jun
207/8
23%
9%
.
Jan
61%
Co common
Chrysler Corp (new)
Commonwealth Edison common.
Consumers
20%
23%
•
Certain-teed Products
July
4%
"5%
9 3A
—_
Towel
Chicago
141%
1
:2%
capital
Laughlin Inc common
Bliss Ac
Borg
3
Corp
Binks Mfg Co
1—•
18
*
Athey Products Corp" capitals
Bendix
19%
SJ
Allied Laboratories common—
Co
Jun
200
•
Inc—
Lines
Steel common
Bethlehem
Jan
34%
Bearing common..
Mfg
Jan
35% Mav
Jun
103/4
1,600
■
Belden
34
12%
t
17% May
31
Par
Mfg
700
21%
III2
•
Jan
75
15
Sale Frlee
Avco
Jan
32%
Feb
42%
23%
*
Anaconda Copper Mining _
Armco Steel Corp—
Atchison Topeka Ac Santa Fe
,
Jan
8
660
13%
15
13%
Friday
STOCKS—
American Tel Ac Tel Co
Armour Ac Co common
6% Mar
.11%
-
May
160
213/s
1
Air
American
Chicago Stock Exchange
(new)
Apr
-
Jan
9
80%
23%
Inc.
Co
20
-
50
12%
•
Corp
American
Jan
Graham-Paige
Ball
:
,
V,:.;
common...
common
Stocks—
Alleghany
11% May
83/b July
12%
,
Steel
Jan
41%
Feb
May.. '
49%
300
•
21%
•
*.
/ ,*
Bankshares
Unlisted
'
Acme
5
423/4 ;
37% *
Ac Mfg com___. 12%
Elec
Indust
Woodall
Continental
—-*
25
——,—25
United Shoe Machinery common
Aetna
36%
800
Feb
:
12%
1
*
——
600
6%
21%
.—10
Wieboldt Stores Inc cumul pr pfd.
Jan
35
9
*
Inc__1———
Stop Ac Shop Inc
Torrlngton Co
Co^-i
383/8
51%
capital (new)__*
(new)—
;' *
Canadian
*
Association
preferred
Jun
27%
Jan
21%
13% July
"t
Westinghouse
35%
18c
New
6%
6%
400
Apr
-
—
New
Waldorf System
650
28%
100
21%
•
Lines Inc
comomn
%
Apr
35
—5
Nash-Kelvinatov
Fruit
7%
26%
28
Salle 8t Corp
La
Wb con sin
Cos—i
;
—25
common—•—.___2
(The)
South
United
t
U
45(4
*
Narragansett Racing Assn__,
United
7%
28%
5
common—
(The)
Co
63% July
—
Mergenthaler linotype
Tool
Union Carbide & Carb
35% Mar
623/a
44.01
—
Razor Co.
Ac Webster
63/e
Jan
13%
24
Jun
19
-
*
Stone
37%
X6%
50
700
Jan
Chemical Corp —.—i-
Shawmut
13%
383/B
-25
capital stock
Co
Trane
Jan
78
•
National Service
-
13%
Corp common
Mach
& Co
Texas
77
Electric
Mathieson
-
Jan
60
Jun
65% July
60
«
Copper
23
10%
21
5
capital
Ind
Container
Stone
Sundstrand
•
First
Safety
•
IO3/4
20%
Feb
Jan
100
6%
Gillette
22
-
.
10%
20%
•
_r
—
Works capital
Lathe
Bend
Standard Oil ol
Apr
5%
Jun
.100
6%
Kennecott
»
common—
*
Eastern
General
I
common—„
Jan
43
Jun
'
National Stores
General Capital Corp
Corp
Prod
Steel Strap
Corp
Sinclair Oil
Associates—
Fuel
As
Gas
*
Co
Range
Copper
Eastern
15%
355
15 s/8
.
preferred
prior
15%
15%
Shellmar
f
Boston Elevated Railway-
.*
Apr
50
21%
Apr
25
Jan
200
47%
Jun
59
Mar
Commonwealth
Dayton
Power
Federated
—
»
Gas
&
&
Southern
Light
Department
Stores
__
__
■
.
*
3%
3%
3%
45
7
"
26%
26%
28%
27%
28%
280
25
3
Jan
26% Jan
24% Mar
3% May
30% May
29 % July
:
Volume 170
Number 4819
THE' COMMERCIAL
&
FINANCIAL
CHRONICLE
(135)
35
OTHER STOCK EXCHANCES
RANGE
FOR WEEK ENDED
.
Friday
STOCKS
Par
General
Electric
General
Motors
'
Shares
Low
High
Low
58%
New York Central:
Jun
397/b
Jan
National
52
50% July
62%
Feb
Parke,
Rust-Proof
10
60
10
137b
47s
Jan-
34 Va
40
3%
.
14% .14%<-
Jun
3%
Jun \
.
1
Jun
15
Brands
19
31%
Apr
(N, J)
Oil
.25,
:
.15
.
14%
Jun;
177s
(Ohio)
-10
62%
.
23%
29
466
24 y4
Jan
24
165
247a
Jun
172
Jan
July
1774
Apr
21%
80
60%
Jun
78
23%
21%'
1074
613
137*
-.,1,475
2 7b
300
(new>;_
:
__
Cleveland Slock
Friday
STOCKS—
;
„
15
20%
Jun
26%
205
1074
-10^
___1
Manufacturing
Standard
Tube
20%
Jun
Tool
class
B
137ar
t
2474 May
Jan
1
common—
2%
'
27b: July
800
27»
5-
;
27*
27a July
107a
100
14%
1
Die
&
Timken-Detroit Axle
American Coach
Tel
American
Par
14%.
205
(Un)
Chesapeake & Ohio.RR
8%
8%
100
1%
425
1
2%; Jan
18%. Jam
Jun
87s
174
Range Since Jannary 1
122
,
8%
174
10% Mar
1%
May
Jan
Stock Exchange
Low
a30% a30%r
21
16 7»
Jun
Jan
34%
Jan
16
Jan
Shares
10
•
High
2%
Jun
' 3% Apr
277b
Jun
28%-.Jam
9y2
100
7
Jan
10y4
125
874
Jan
27%
9V2
10lA
27%.
Low
50
145
a3
27%
a3
Range Since January 1
High.
a3
Jan
76/
Alaska Juneau Gold Mining Co__
Aliis-Chalmers Mfg Co (Un)
for Week
Loto
Par'
'1
Jan
150%
Jun
29%
Sale Price
High
;
12% Jun
138
Last
STOCKS—
Sales
Week's
Range '
ef Prices:
Friday
,:
120
__
—l
Janv
2% Mar
'
^
12%,
al40% a 140%
25
14
Jun.
1
Los Angeles
-
High
12%
—100
(Un)
Tel
&
Shares
iLow
Jan
Jun,
274
14
1
for Week
of Prices
5
& Body
Febr
1274
Sales
Range
Sale Price
-
Jan
4
„
Jun
Corp
Udylite
Exchange
Week's
Last
1;
3%
117a- Jun
27«
2,500
"
Jan
23%
21%
27a
127a
•
1%
2%
1074
2%
May
26%: Jan
"
Jan
52
65
1%
1%
—Z-
-
%„
Wayne Screw Products
U, S> Steel
27a. Jan
29
Jan
113
19%
19
65
2
High
200
24%
1
Products
Co
&
Scotten-Dillon
Superior
Standards Oil
Standard
Low
2
2
to 03
-2%
Metal
(H; W)
Sheller
Socony Vacuum Oil
Range Since January 1
High
28%
2
0
17.7s Mar
Jun
Stamping
Peninsular
Rickel
141
25%
11
26%
26%
Standard
Shares
Jan.
3%
-50-
.
for Week
Low
2
Davis
—
_.
Oil
Pure
5
58%
0
Packard Motor Car_
Pennsylvania RB
35%
56%
*
Range
Par
High
Sales
Week's
of Prices
Last
»
Bale Price
35%
__
-10-1
j
Range Since January 1
Parker
——
■
STOCKS—
10.
—
■
■
for Week
of Prices
j
8
.
Friday
Range
-
Sale Price
.
Sales
Week's
Last
JULY
;
io y4
10 y2i
479
—100
64%
64%
64%
245
6372
1074 July
Jun
Cleveland Electric niumlh common—•
39%
39%
39%
524
36% Mar
42 72
Jan
11272
Jun
Cliffs
Cleveland
Iron
preferred
$4.50
common,.
_—
__
American
Airlines
American
4% % preferred
_i.
al0%
Chemical
<E I
duPont
)
common
npw
Erie Railroad
Co
Gliuden
Goodrich
Greif
Hanna
(A
McKee
:
class B
G)
v?:"...;?.f
Radio
Corp
327/a
a45y4
14%
Jan
40
Woolen
Co
Copper
Mining
Steel
Armco
Jan
Armour
Jun
62%
Feb
—.100.
Jan
Avco
9
52%
Jun
64
Mar
13'
Jan
1
(Un)
V-\
220-
10%
1072
j}:
al06% al06%
a40%
a39% a41«
31%
9% Mar
104 y2
2
400
32%
a22% a22%
Apr
106%
41%
(Un)
—
a21'/2
10
35
5
Jun
(111),
Petroleum
Barker
Bros
33%
Barnsdall
Jan
Oil
Oil
Basin
Company
Consolidated
*'
1
_«
(Un)__
350
11%
Jan
Bendix
140
26»
July
33
Jan
Bendix
Home
32%
32%
125
32% Jun
37
Mar
8%
Jun
Jan?
Jun
3578
Jan,
Jun
277a
Jan
150
5
145
-
82 y2
5
7%
Jun
Jam
957a Mar
Jun
77a
Jan
4%
Jun
Apr"
1,600
2.50
Apr
50
15%
Jun
21
Jan
25c
Jun
75c
Jan
100
40
Jun
47%
Jan
1.375
11 %
Jun
187i
Jan
10
277a
Jun
34% Mar
45
7
Apr
70
a29'/8 a29ys
=
.
a73/4
—
37%
Jun
20 Via
215
::ir;
11% .12%
—
Corp ( Un)
5
Appliances Inc—~33y3C
1
2574
81
a44% a45'/8
—
'
,,
23
so
Jan,
150.
Jun
310
-
35c
a45
5
Aviation
26
35c
Jun
138%
1,688
3!' 3y2
al6% al6%.^
—
-20c
r
•?9^"-
8%
•'
,
,
42
10
Apr
14%. Jan.
54
Feb
107s, Jun
*
•
5%.
5%
a82% a84ys
,5
5(
—
a83%
1
10
Co
Co
26
*
common...,
Corp
Barnhart-Morrow
Apr
21
Co
Top & Santa Fe Ry (Un)_100
Manufacturing Corp (Un)^
3«
Bandini
Jan
31% July
11
&
a257/a a26%
27 27%
a21a2iy2
\
30
Feb
33% Mar
5
643
—
;
—
•
Co. (Un)
(Un)_:
Corp
*
Atchison
21%
*
50
all%all%
a45l/4 a45V4,
140% 141 Vs
allVz
(Un)
(Un)
Anaconda
Jan
Jun
Jun
*
4
—
-
4
4
a9%
RR (Un)
100
a
a9%
a
*
Republic Steel (Un)
18
14%
23
-23
•
10 74
a21% a21%
.
(Un)
•
2
Chica Oil Corp
Bolsa
May
Bordon
Co
(Un)
17%
Jan
Borg-Warner
14%
Jan
Broadway Dept Store
27%
447
24%
5>/+
25%
5%
6!/2
4078
40 Vs
47]/2, 47'/2
7.
7
470
8
120
a21%-a21%
23%
255
50
1,
_
6%
1
1—15>
i
Jun
5
805
1"
3,410
7'/2
Jun
8%
;
Jun
33%
Jan
6%
Jun
Jan
Jan
10
6% July
r
-
387/s
41% May
Feb
Jan
20
Jun
26%
Jan
Jun
45%
70'
33%
Jun
42
Jan
20%
Jun
24% May.
5
-—•
(Un)
Corp
T
537s
46% Feb
150
7
10;
Jun
9%
Jan
Jan:
Jan
6%..
50
6
6%.
1,075
-
Jun-
Steel Corp
Diamond Corp
Jun
9%
154
Budd
Co
Canadian-Pacific
.
Case
I)
(J
(Un)—
Ry Co
JUly
12
Feb
Certain-teed
Jun
74
Jan
Cessna
9
8
—
25>
-
llVe
—
25
7%
24
Jun
170
•50
a—
140
28
Jun
Apr
1474
10%- Jun
11V* 11 %
Apr
24
Apr
a34y4.a34%
29% 29%
—
(Un)_10
(new)
Caterpillar Tractor Co
6
53%
:
(Un)
Co
Jun
l
•
•*
(Un)
Byron Jackson Co
6
50'
a59% a59%
Blue
13% „Jan
y 33
Jan
34%
6%
,
14%
Jan
12
a36% a37
*•
4%
Bethlenem
.17
244
t
8.38 Va a38%.
*
World Publishing
m
Youngstown Sheet & Tube—I—,—*
Van.Dorn Iron Works.
50
8
*'
i
(Un)_
27%
67
*
Jun
9% Jun
121
,
18
a
10
Standard Oil of Ohio common
Thompson Products Inc
Union Carbide & Carbon.
U S Steel new common
14%
"■
50'
RR (Un)—
America- (Un)i„:
of
378
20
a9%
a28% a30
Edison
Pennsylvania
Jun
974
87,
a56% a56%
„
(Un)__*
9% Mar
107a
1
:7
Brick inc—.
Central
Ohio
21%
53
Jun
San
American
47% May
257
34
St
&
Tel & Tel Co
r^'V
*
(Un)—
Jan
17%
——
Medusa Portland Cement
Metropolitan
American
51%
.10
& Sessions
Lamson
43% Jun
Radiator
1
American Smelting & Refining
50
.*
Laughlin (Un)___—..
&
Jones
10%.
5074
(Un)
Power & Light
American
12
Apr
4674 Mar
140
10%
-*
—
24%
,
al8% al8%
__
.1
—
15
45%*
10'
-
a56% a58%
.*•
pfd
Rayon (Un)
Steamship
Interlake
!■
4%%
(MA)
Apr
a35% a35%,
'
*.
A,_-
class
43
24%
__
*
Co
Cooperage
185
f::
10
:
Jun
Jun
45%
-—10.
.
(Un)
Feb
9 Va
3874
„
—*
F)
(B
Industrial
com
(Un)
Bros
Y
5
2
—
(Un)
Motors
General
■
(Un)_
General Electric
N
(Un)
Manufacturing —i
Eaton
109
114
40%
15
_—.—
5
125
40%.
a44% a44%>
15
Consolidated Natural Gas (Un)__
Dow
alll7/8alll%
al0% al0%v
*
—
System
Columbia< Gas
Inc
Jan
a—
——
29% July
Jan
Products
Aircraft
25v
Multiplier
Clary
Sou
&
«
—
25
(Un)—*v
Corp
:
10%
-
10
3
Jun
10%al4
,
"
,v„:
14
__
38 Va
414
374
.
3%
10
no¬
10%
al4
Jan
37a
447r Jun
480
•
Feb
56%
Jan
48
Feb
May
5%
Apr
Jan
11%. Apr
Jun
lo
13%
Jun
17%
60
a257s a257/a.'
J 3Vtr
4
—
13 V8
May
200
3%
—
(Un).
Commonwealth Edison Co
Commonwealth
•
*
(Un).
(Un)
Commercial Solvents Corp
200
3
477/» 48%
a43% a44%
—
1
Columbia.Gas System Inc
Watling, Lerchen & Co.
;
10
(Un)
Corp.—
10y2
3
3
1
Chrysler Corp
Cities Service Co
101/2-
1L >
1
Corp
Co
25%
Jan
26%- Jan
3
5,308
4s
Jan
Apr
July
Members
Edison
Consolidated
of
N
(Un)
Y
New York Stock Exchange
New York Curb Exchange
Consolidated Engineering
Corp";
Detroit Stock
Chicago Stock Exchange
Consolidated
Corp__
1^'-■
41
—.
(Un)-
5»
a23
239
' >12y2
9
12%
9
313
6%
100
77a May
—
Ford
Exchange
Continental Oil Co
DETROIT
Building
Liquidating
(Del):
Creameries of America
1:
Inc
23'
21% Mar
a22%
*
,
50
10
200
8%
300
5
Feb
774
Jan
-
Jan
10%
Feb
10
17% May
55%
54% Mar
a55Mra55%
—
Apr
14% May-'
Jam
Jun
4
Telephone: WOodward 2-5525
Curtis
Publishing Co
(Uh)—
Curtiss-Wright Corp
Class A
(Un)
common
Electrical
Farmers
Detroit Stock Exchange
rfz 771
r......'
STOCKS—
,
7
Friday
Last
:
Range
Sale Price
rA-tijP'.
.
Electric
Allen
—
Brown-McLaren
Par
1
Rubber'
Baldwin
:
1
s.
—w
—
Week's
1
~1
^»
'
3
>
75c
3
General
75c
*
Motors
Consumers Power $4.50
pfd—1—
*
100*
Shares
Range Since January 1
200
2% Feb
7% Mar
75o July
280
Corp
Detroit
Edison
Navigation
_—
5
20"
4%
21%
21%
4%v
Corp
Detroit Steel
—
——-——
i%
1
2172
60
106
250
4 Ye
8%
Feb
(Un)
Gar
Trailer
Wood
Industries
Motors
Paige
Graham
—
——
1%
Jam
Jun
5%
Jan
'207a Jan
Corp
1
(Un)
Northern
pfd
Ry
Ball
Jan
Hilton
157a
Jun
24%
Jan
Holly Development Co
50c
55c
400
177a
200
474
290
50c
T
17
Manufacturing
Hoskins
Houdaille-Hershey
Kaiser-Frazer
common
Kinsel
Drug
•
Oil
Products
McClanahan
Feb
Illinois
2%
Jan
Independent Exploration Co
33y30
Corp^.
10
1174
19%
Foods
Central
Motor
Murray
For
Corporation
footnotes see page 44.
J
10
11
150
10%
Jun
14
Jan
100
9%
Jun
12
Mar
4%
4%
300
4%
Jun
8%
Jan
Kaiser-Frazer
27a
27a
100
2
Jun
2%
Feb
Kennecott
Jan
Kern
500
187a
1374
400
1274
127»
39
1%
100
17a
Jun
17a
95c
Feb
17%
Jun
22%
International Nickel
Co
(Un)
Can
100
Lt
Corp
Co
(Un)
*
(Un)—•
—1
Corp
Copper
Gas
Lane-Wells
Jan
137a Mar
of
(Un)
County Land Co
Laclede
-
Jun
RR
International Tel & Tel Corp
2.00 Mar
10%
39% Jan
52%
Jun
6274
11%
Jan
13% May
736
.
-
■
80
-
20% July
216
100
1.75
101%
9%
1.75
9%
1.85
11 Vv
a9%
a9y8
103'
H1/4- 11 %•
a97/8
--
:
(Un)
Company
Libby McNeil & Libby (Un)
•
5
4
582
1
7
May
9%
2,350
1.70
Jun
474. Jan.
9%
Feb
500
35
1,400
27% 27%
8% 8%
116
615
472
4%
a457» a45%
3974 3974
500
—
119'
Jun
2,850
2274
Feb
8%
1.15
6%
22%
67/a
100
588
1774
6%
2274
67/a
Feb
11% Apr
1.00
—
Jan.
Feb
15%
—
Jan*
10%
1.15
„
374
431
16%
4%
45
39%
100
8%
Jun
174. May
Feb
24%
—
3474
36%
24%
„
Feb
25
80
a35
H5/#"'
—
Feb
■'
39;
.1%
a35
11%
103
Jan
25
.
-
Jan
65c
310
43 74 May
Jan
10%
1,500
6.66%
Petroleum
10%
1%
■:
Inc
11
174
12.50*
6%
1% May
174
Co
Jun
11% July
Motor
Car
Hudson
Hunt
106
17a
5)
1
Jan*
1,300
"l%
A—*'
Mar
1%
1
1
class
95c
11%
4%
Calif
of
20%
1%
1
—
Kingston Products
Co
Jan
_l
3%
Oil
Hotels Corp
July
47a
10
2%
*
& Bearing
1%
Feb
137a' Jan
Jun
100
Apr
27a
Intercoast
Hoover
i
•'
3«
(Un.)
Greyhound Corp. (Un).
2274
100
Jun
Feb
41% Mar
20%
20%
Goodyear Tire & Rubber Co common—_>
Jan
16
July
Jan-
9%
23
347a
a56y4a56y4
20%
•'
300^
2,
,
135
58% 58%
al2% al2%
—
•
7
270
106% July
1
common.
,
25
Gladding McBean & Co.
Goodrich: (B F) Co (Un)
1%
17
1
a36
41c
900
'
:
May
1274 Mar
424
V
a42% a42'/2
al2%
21
25
Jun
500
7 2,871
16-
-1
50c
Fruehauf
1%
565
12V4
43c
a300
a35
„
a42%
High
3%. Jun:
Hancock
ir.on_
Detroit. Gray
12J/4
41c
a300
,
__
10
5>
common
General Public Util Corp
Great
&• Cleveland
-
•
(Un)
"
Detroit
,
•
•
(Un)
Co
Corp
Graham-Paige Motors
106% 106%.
Bk:
•
for Week
100
8%
Foods
12'/4
41c
1
A
Natl
—
5%
6
8%9
al9'/4 al9y4;;
-
Low
r
Electric
General
Sales-:-'.'-
High
8%
v
>
of Prices :
Low
3
—
"
•
1—.—4
class
Merchants
—
(Un)__•'
1
Corp
Ltd
Co
&
General
'
■r■
Products
Oil
Exeter
■
7%
95c
Jan
1174
Jan
Feb
297s
Jan
Feb
187s July
8% Feb
22%
13
Jan
Jun
1.50 Mar
27% July
31
Jan
8
Jun
11
Apr
47a
Jun
9
Jan
50
43
May
56%
Jan
566
39
Jun
467i
Jan
100
5
Jan
255
20
Jun
350
6%
Jun
6% May
26 74
Jan
87a Mar
i
\
36
COMMERCIAL
THE
(136)
&
FINANCIAL
OTHER STOCK
RANGE
STOCKS—
Ratine
Lincoln
Petroleum
IOC
Co
Locxheed Aircraft Corp..
Loew's
Inc
Angeles
Co
Magna vox
Menasco
17%
125
14%
Jan
18% May
21%
200
I
1%
1%
1.00
15%
645
(Un;—•
American
299
Jan
Jun
2%
Tel & Tel——
1.90
Jan
Feb
.
15% July
12
150
11
183/4
550
17%
(Un)
9%
1
9%
9c
9c
100
1,000
93/,
Jun
14%
Jun
Northern
Pacific
Oil
Oceanic
Ohio
Co
American
Oil
Ry Co (Un)
a
13 (4
.—1
Co
Co
18%
18%
(Un)
Jun
13%
a
20c
Jun
Jan
50
12%
Jun
1.65
1,500
25%
255/s
560
al9% al9%
12
816
—
Corp
Power
Corp
&
Finance Corp
Pacific
Gas & Elec common—
6%
of Calif
..25
.25
preferred
5%
red
Pacific
preferred
'
General
a
Packard
Motor Car
33/4
(Un)
Co
Airways Corp
Motors
Martin
Corp
Jan
(Un)
54%
200
51%
Jan
61
267
50%
Jun
53%
345
3%
160
8Jan
Jun
,
563/a
58%
58%
5
19%
Jun
24
Corp
Jun
17%
Jan
—33 %c
9%
10
553
Jan
12
25
>40%
40%
178
39% May
53
Jan
all% all3/s
40
12% May
20%
♦-•
(Un)——.
a32 %
a32% a32%
(Un)
26%
8
common.
Power Co
Edison
Reading
10
4%
•
17%
Inc
7%
4%
Co
-1
(Un)
1,161
El &
1
Co
&
510
Apr
9%
•
Jun
14
7%
Jun
9
Apr
4%
420
2,530
-
Jun
6
37,292
14%
143/g
37%
36%
37%
260
34%
34%
3
223/8
3,413
~-
120
17%
Jun
273/s
115
4%
Jun
5%
,•35%
36%
2,160
4%
4%
4«/8
■-23%
23%
25
Jan
"
\
Gas
1
:
1
•
4%
Jun
Jan
253/8
26
342
22%
Jun
17
17%
2,159
163/a
Jan
37%
383/8
813
343/4
Feb
39%
a33% a33y8
—15
—
15
31V.
Feb
36 %
20%
Apr
23%
25%
392
23
Jun
24% May
253/s Feb
25%
219
223/4
Jun
403/a
Jan
85
85
/Jun
85%
Jun
21%
22%
859
20
Jan
23%
Apr
26%
25%
26 3/a
478
255/a
Jun
28%
Feb
19
common
50
Coal
19
19%
10
17%
Jun
233/s
Jan
55%
162
46%
Jan
55% July
55%
90
52
Feb
60%
Apr
3%
ISO
i1' 2%
Jan
3%
Apr
18 %
27%
Feb
22
Jun
37%
37%
Apr
54% Feb
Jan
25c
18%
Jun
24
14%
Jun
17%
•
Calif Edison Co Ltd
4.48 %
preferred
preferred
4.32%
5c
28
com__25
preferred
So Califf Gas Co
——
31%
25
—
1,000
5c
200/
Jun
10c
203/4
i
Feb
28%
-13%
193/s
20%
490
20
27%
273/4
P' :B;-
41
41
—
32
28%
Co
.1975
4s
275/a
V
25
I
Last
26%
,.
Arkansas Natural Gas
Jan
28% Mar
26% Mar
29
247
23%
Apr
4 Blaw»*Knox
Clark
Co
L)
(D
6%
Co
80
33%
Apr
35%
10%
49%
Jan
*,.32% Apr
29% May
-
a34
36
32%
Jun
Southern Railway Company (Un)
Standard Brands Inc (Un)
*
•
a27 %
a28
213
273/4
Jun
37%
Joy
al9
,..37
17%
Apr
21%
Jan
•
60%
61
759
a37% a383/a
170
*
Standard Oil Co
*
60%
(Ind;
(Un;
25
Standard Oil Co (N J)
(Un).
..25
64%
64'A .4*
1
183/a
183/a
9%
(Un)_
1
common
Walker
Refractories
Incorporated
1
56%
Feb
413/4
Apr
62%
Jun
723/4
Jan
163/4
282
Jun
37%
;
Feb
213/s
Pitts
Screw
X8%
105/s
13
93/4
Jun
10% May
12% Apr
8%
422
8 5/8
Jun
10
Jan
Jun
23%
Jan
9%
Jun
11%
Jan
28%
Jan
30
19%
49
Feb
58
50c
2
220
213%
10%
*
205
103/8
10%.
13%*
a6%
a6%
10
23%
23%
160
2,001
64
Co
(Un)
-1
(Un)_.
(Un)
(Uri)
a6%
_•
:j-
.50
a76%
Bolt
&
a
-1
Corp
.10
16%
a35%
United
Gas
United
States Rubber Co (Un)_
States Steel Corp
-10
Universal Consolidated Oil Co—
>■
I10
de Kamp's H D Bakeries.
Warner Bros Pictures Inc (Un).
Western Air Lines Inc
Western Union Tel Co
(Un)
*
12%
3%
a
.
16%
_*
Jan
12
Feb
.10
Corp
page 44.
39% Mar
203/s
24% May
34%
45
21%
105
2%
> 2%
640
2% July
33/4
100
2%
23/4
5/a 7:
2 3/a
32
33
31
32%
—
32%
.
51
Renrfer Co
Jun
Apr
Feb
Jan
273/4 May
34
28%
Jun
35%
Jan
6%
250
145
15
6%
6%
Feb
Jun
51
83/8
Jan
55c
60c
400
6,300
Jun
57
Feb
50c
;;W 30
51;;;
San
Toy
1
Steel
8c
8c
I_
13%
133/4
243/4
24%
25
1
Mining
—1
Spring
V/estinghouse
Air
*
Brake
St. Louis Slock
Jan
60c
Jan
Mar
51
.
* •
6c
„
Feb
16c
12%
Jun
163/e
Jan
21%
20
6%
20
Jun
34%
Jan
16%
6%
Range
for Week
of Prices
Shares
V- 'Low
31% Mar
Falstaff
Brew
Jan
General
Electric
common
(Un).
Jun
14
Mar
General
Motors
common
(Un).
_•
16% July
1,040
35
4
Feb
55
11%
400
6%
300
a
23%
a
23%
*
"/
...
75
115
9%
-
Feb
a4%
a47% a48%
10
110
39 %
45
11%
July
13% May
21% Jun
14% Mar
45% Mar
27%
273/a
31%
31%
31%
35%
36
40
High,
150%
Jun
Jun-
Jan
18 3/4
a
International
•
y
f
._2
Brewing
•;
23% /
•
«;
102
Feb
30%
Jan
'
.
10
58%
398
52% Jun
62 3/a
115
243/s July
28%
23%
550
19%
23
July
40% Jan
23
'
23
23
160
42%
165
7%
7%
5
5
-
323/b May
40%
25%
42%
23
Feb
Jun
24%
7%
-5
23%
34%
131
42%
—
Shoe common
24%^ Jun
567/»
58%
10'
-1
common—
Griesedieck-Western
-1
•
Jan
;
25
Jan
Feb
Jan
May
39%
Feb
44%
Jan
Johnson-S & Shinkle common
1
—
100
7% July
1
100
.
53/8
10
Jun
8%
Feb
Jan
Jun
12% May
7% Apr
Jun
common
Huttig S & D common
Feb
5%. Feb
4%
16%
27%
„1
Clinton Industries common
Knapp-Monarch common
1034 Mar
~
16%
16
24% May
'
11%-
63/8
a4%
a 47%
3% May16 % July
35%* Jun
a 12%
Jan
General Shoe
Jun
al4% al4%
a23 %
41%
2% Jan
20%
Low
138%
295
'"f
86;.
437
Range Since January 1
High-'-
140%1413/a
16%
1
BUTkhart Mfg common
Feb
*265
141 %
-15
common
Jun
1,138
;
Shoe
Jun
45
11%
May
Brown
25
al2%
—1
Jan
11
60
125
3%,
7%
24
Sales
.
Last
78%
'
"150
,
12 3/4
Feb.
Mar
Exchange
Week's
Friday
Mar
35%
1,301
209
Sale Frioe
STOCKS—
13% July
*
see
31% Jun
30% July
203/4
■
2%;:
33
Jan
43
*
Willys-Overland Motors Inc (Un)_. —1
(F W) Co (Un)—
-10
footnotes
30% July
Jan
10
190
30
a35% a35% /
21% 21%
21%
II5
Westinghouse Elec Corp (Un)
Woolworth
10
2
Foundry 5% pfd_i._100
Jan
15%
25%
Jun
10%
210
36%;
36%
291/4
a763/8 a78%
.10
(Un)
Van
30%
Mar
11
19 3/4
55
213/4
Feb
8% May
14% Feb
200
"
13%
5
" "
75
>
9%
al3% a 133/4
10
;
%
a60
9%
r
Inc
183/4
553/4 May
a59
Union Carbide & Carbon Corp (Un). _•
Union Oil of California common
25
RR
50
34%
21%
•
20
30%
30%
Par
Air Lines
Apr
Feb-
a51% a53%
«
(Un)
Century-Fox Film
350
.
Standard
40
Corporation
Corp
14% Mar
Jan
67% Jatt
.
270
*
Trancontinental & Western Air
Brewing common.—.
preferred ——
Pittsburgh Steel
9%
Preferred
OiliCo
7
/ ;/
8 3/8
34%
Pittsburgh Plate Glass
•
a28% a28%
(Un).
common
High
10% Mar'
•
8%
com.
Manufacturing
$3.50
.25
Texas Company (Un)
Texas Gulf Sulphur Co
Jun
105/8
Pittsburgh
25
(Un)
Tidewater Assoc
9%
11
.v
.
765
Eunray Oil Corp
35
8 3/4
IL-I5
AS/>;.
"
Studebaker Corporation
•,/
Jan
8%
«
—
.10
Feb
al9
Standard
205
Low
10%
50
10%
12%
10%
Co.—^
Jan
36
.
Range Since January 1
High
10%
^f/Vi/12
:'——_*
—
Columbia Gas System
Harbison
Jan
Jan
a34
■
Shares
Low
\
pfd_—10
26% July
/
28
for Week
Apr
738
26%
29%
Sales
Range
of Prices
Sale Price
Duquesne Brewing
*
Calif
$7,000
Week's
Friday
STOCKS—
■
1,586
470
29
25
of
Apr
Jan
;
Pittsburgh Slock Exchange
Feb.,.,
Juti
25
Co
3
3%
BONDS
Jan
6% pfd class A
Company
Pacific
54%
>
Baltimore Transit
38%^an..^-
1,068
For
37% Mar
Apr
1
15%
*
Jun.
33
85
*
■
Jan
325/e
25%
100
19% Mar
17%
14%
United
Jun
17%
25%
common-
6% Jan
17%
Socony-Vacuum Oil Co Inc (Un)——15
UnUed Corp
Jun..
22%
pfd
Improvement—.
V
.
23% July
273/4 Jan
•
Corp..
Pacific
May
32
55
Gas
38'/4 May
Y
750
210
-
1,506
United
14
20
Apr
21
Union
Jun
/
8% May
Jan
43/4
20%
|.
21%
21%
Jun
32
2,246
Jan
16%
1,767;
&
143/a
1.
Jan
•
Twentieth
6%
Mar
5c
Tri-Continental
17%
7% Mar
25%
Corp
United
•
28
Transamerica
i.
iV
55%
Westmoreland
:
5c
Textron
17
/
—
Co
36% May
28
Co
Apr
90
75/8
common
Oil
32
173/4
1.75
Co
Trading Corp ;1—
Signal Oil & Gas Co class A—!d
&
12'
8%
.13
3.60%
Paper
Sun
Jun
36
..
Sierra
Swift
Jan
7%
_•
com
common
Feb
43/4
173/4"
5
Shell Union Oil Corp
Oil
Jan
113/a
8%
Por
Southern
Feb
17%
Jun
7%
common
preference
32%
130 /
10%
7%
1
2.50
Finance
4.56%
62%
Jun
63/4
8%
common
Co
25%
45
26%
43/i
•
1
(Un;
(Un)
Safeway Stores Inc
Schenley Industries
Southern
Jun
12%
73/8
Jan
& Timber Co
of America (Un)
Oil
51%
40
590
13%
-7,.,-
Apr
Richfield Oil Corp common
Ryan Aeronautical Company
Sinclair
Jan
75% Mar
1,053
12%
?7%
17%
common—
div
$1.40
Jan
14 %
Pulp
Roebuck
May
Apr
40
Drug Ir.c
Sears
29
1
RR
Water &
Potomac
4% Jan
to3/#
193
Republic Steel Corp
Seaboard
57
_1
div preference
$1
Apr
14%
Radio-Keith-Orpheum Corp
Republic Petroleum Co
Rexall
563/,
10
—
Philadelphia Electric
Mar
.
Radio Corp
51%
.10
(Un;——
Co
193/s May
20
Penn
14%
Incorporated
Oil
Jan
16% Mar
16% Jan
Pennsylvania Salt Mfg
United
Pure
65
34%. Jun
56% July
Jan
Scott
Pullman
183/4
537
Jan
54%
Apr
50
Phelps Dodge Corp (Un)
Puget Sound
183/a
320
283/s
26%
(Un)
Pennsylvania RR Co
Pepsi-Cola Co
Jan
7%
19%
35%
100
a20% a20%
573/4
Jun
393/a
.50
a51% a52%
1
Jun
19%
Pennsylvania
Public Service
Paramount Pictures Inc
4%
Jan
38 3%
—
400
3%. '33/4
6%
8%
44%
101
Jan
12%
8% Feb
19%
Pennsylvania Power & Light
Rights
34%
;
509
6 %1
5%
1834
10
j
(Glenn L;
323/4
27%
(Un).
483/4
473/4
10
Brothers
Phi'co
Pan American
36
Jan
14%
"
393/8
203/4 May
33% Feb
Jun
34%
52%
9%
May
150%
11%: Jun
/
•
Pennroad Corp
27%
■
27%
mmrn§
•
32%
26
13%
Lehigh Coal & Navigation..
Jan
30% Jan
32% Apr
«
-25
—
Indemnity Co
Lighting Corp
Pacific
32%
'
506
I
9%
—
1
Light com
I
•
48 %
•
—
-10
Pacific
High
Jan
Jun
12%
12%
—'■
2%
2.65
1.55 July
24%
13
Storage Battery
Fidelity & Deposit Co
19% May
17
Jan
183/a Mar
*
(Un)__
13% al3%
Works
Electric
Jan
8c
16%
1.55
1.55
138*
Jan
200
18%
21%
1,124
•
Jan
Mar
19
Gimbel
North
Low
'40
25%
140% 141%
12%
Range Since January 1
High
24%
141%
Publishing Co
Davison Chemical
Mar
59
Chrysler
Curtis
Delaware
12
25%
Locomotive
Baldwin
Jan
Jun
18%
—
Shares
Jun
17%
15% July
4tt3/g jun
for Week
Low
Stores
Arundel Corporation
Jun
85c
180-
a50'/8a51%
5
Ltd
Par
American
Sales
Range
of Prices
Sale Price
Jan
1%
450
__
26%
6%
800
1.00
(Un;—•
New York Central RR
122
15 y4
& Co Inc
Distillers
290
2
*
Corp
Jun
Last
Jan
Apr
<6-.
7%
7%
20%
"
*299%a299%
1
Corp (Un)
Prod Corp
Nash-Kelvinator
Nordon Corp
22
1
Co
Co
Utilities
Montgomery Ward
National
Jan
1
(Un;
Petroleum
South
Jun
16%
1.45
Week's
Friday
STOCKS—
95c
45
'
100
Co
Manufacturing
Merchants
Middle
Investment
Philadelphia-Baltimore Slock Exchange
700
a
21%
—
8
High
18
17%
20
Low
1 95c 97'/a C
•
Biltmore Hotel Co
JULY
Range Since January 1
High
al8
1,
Los
'
—
.1
(Un)
Los Angeles
Shares
Low
Par
EXCHANCES
ENDED
for Week
of Prices
Bale Price
Monday, July 11, 1949
Sales
Wwk'i
Friday
Last
"■/■'"'"'V.'
WEEK
FOR
CHRONICLE
Laclede
Gas
Laclede
Steel
Sears Roebuck
common
26%
Jan
Jan
Stix-Baer
47%
Jan
Wagner
&
Fuller
Electric
common—
common—
5
Jan
7
112
23
July
34
Jan
38%
38%
38%
151
34
Jun
39%
Jan
32
.
Securities Invest common
7 s/e
1
583
24%
32
__20
common..
6 3/4.
6%
23
4
common
-
-
32
r/
80
„5
123/4
12%.
11
.15
35%
35%
12
'
,
31% Mar
12% May
33% Jun
;
;;
May
32% Mar
133/4 Mar
46
Jan
Volume 170
Number 4819
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(137)
37
OTHER STOCK EXCHANGES
RANGE
Friday
Par
Juneau Gold Min
Allegahny Corp
Co
™—1
(Un)™—
Range Since January 1
High
Low
33/8
1,900
2%
Apr
33/4
2%
—
Menasco
High
3%
3%
2%
300
2%
Feb
3
Apr
Mfg
Airlines
Inc
American
Factors
Ltd
American
Pr
&
Lt
Radiator &
Amer
1
(Un)
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5
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102
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Jan
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Mar
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270
270
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100
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40
29Y«
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110
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130
250
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4 3/4
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Apr
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Mar
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29 Ya
Co
American
(Un)
Oil
Pacific
Ohio Oil Co
19% Mar
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150
103/4
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15% Jan
485
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11
18%
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183/4
515
17%
Feb
19% Mar
a63/8
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16
103/4
11
600
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9%
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10
Jan
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123/4 Jan
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19
May
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United
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class
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165
*
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: 233/4 Jun
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1.95 Mar
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115
44 Ya
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100
9
Mar
33
Jan
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300
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22
21Y4
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4
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103,4
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535
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Jun
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24
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.
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443/4
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23
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Apr
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313%
589
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May
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Jan
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27
Apr
29 Y4
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Jun
54
Jan
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27%
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100 V*
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257
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101 Ya July
Jun
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July
Feb
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96 Y4 Mar
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92
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(Un).—
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57
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Pepsi Cola Co (Un)
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10
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Paramount Pictures
30
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Jan
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32
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:
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™
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July
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Gas
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—
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3
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California Art Tile class A——.
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Jun
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2.10 Jan
Jun
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Jun
Jun
•
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2,367
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100
9
Bunker Hill & Sullivan
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190
326
1
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National Distillers
N
85
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Chi
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Feb
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Central Eureka. Mining Co
Chesapeake & Ohio Ry (Un)
22c
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51
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&
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350
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Canadian
Jan
13,225
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California
61 Ya
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(Un)
Low
1.65
Jan
May
70
28 Ya
.....
Cement
53 Ya
1493/4
43/4
(Un)
Calaveras
Apr
Jun
24c
(Un)
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45%
138%
13
Co
Borg-Warner
150
4%
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Borden Co
Apr
Jan
1,059
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5%
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N
Feb
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110
100
—
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Ohio RR
100
11%
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—
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a43% a44%
27 Ys
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High
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-2.50
Imperial Diesel Engine
Wedge Mining Co
Baldwin
Mar
22
—5
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Baltimore &
10
|Jun
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(Un)
Jan
15
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Armour & Co
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7
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™
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Woolen
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Co
''
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Mindanao Mother Lode Mines——PIG
Montgomery
American
for Week
of Prices
Low
Par
Shares
Low
—10
Sale Price
for Week
of Prices
Sales
Week's
Range
Last
STOCKS—
Sales
Range
Sale Price
Alaska
Exchange
Week's
Last
JULY 8
Friday
San Francisco Stock
STOCKS—
FOR WEEK ENDED
•
:
28
150
21% Sun
28
July
I8Y4
18Y4
355
17% Jun
263/4 Jan
Jan
Jun
37% Jun
Jan
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25 Y« Jan
'»
343/4 Feb
'
Continental Motors (Un)'
-1
f
9%
95/a
370
8
Jun
12 Ya
Apr
.1
5%
5%
100
5%
Jun
8%
Jan
37
37
244
35 Ya
143/a
143/a
210
14
35 Ys
10
1
Reynolds Tobacco class B (Un)
Manufacturing Co—
Rheem
36 Ya
2,015
25
193/a Jan
'
Creameries of Amer Inc
-1
Crown Zellerbach Corp common
Crucible Steel Co of Amer (Un)
-5
Cuitiss-Wright Corp
10
II
9%
(Un)
23%
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8%
330
23 Ya.
23%
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10
1,214
173/a
50
>
a
/
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10
Apr
Jun
127 Ya
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20%
Apr
Cement
Corp
class
Co
353/4
•
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;
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16 V*
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Riverside
20
Richfield
7Y4 Jan
9%
Feb
Roos Bros
1
Ryan Aeronautical Co
223/4
24
1
—
4Ya
170
,
23
29
Jun
Apr
300
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6% Mar
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110
223/4
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Doernoecher Mfg Co—
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Eastman
El
Bridge
Kodak
Dorado
Oil
(Un)
Co
3 Ye
273/4
27 Ya
15
...
3%
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Dow Chemical Co
45
45
10
*
_
6%
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common
Works
_
Emporium Capwell Co
II
Corp
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FAR
Liquidating Corp
Machinery & Cnemical
Food
General Electric
General
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Corp
10
Gladidng
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Co
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&
_
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Greyhound
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Ry
non-cum
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Hudson
Motor
Idaho
Car
—_
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Mines
Mining
200
5
Feb
03/4 July
98
40
Jun
14%
Jan
Jun
39
Jan
33%
470
ft
ft
300
9%
Shell
&
Tel
16%
(Un)_*
^
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150
155
343/4
Jun
a 42%
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41 Ya
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744
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tu Jun
353,4
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433/4 May
56%
583/4
1,190
53%
Jun
62%
11
713
10
Jun
16%
Jan
20
20%
650
20
July
25
Feb
14
14%
1,029
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Feb
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Jun
1%
200
1 Ya
May
a34% a34%
70
34%
Jun
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393/4
County
Leslie
Salt
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Feb
13
204
12
Jun
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550
16 Vb
Feb
133/4 May
19 Ya May
46
225
42 y4
Jun
66%
•
600
Oil
Standard
113/4 Mar
2.75
459
18%
Jun
24
Apr
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528
223/4
355
14% Jun
2l
Jun
31Y4
313/4
1,801
Jan
17 Ye
Corp
Jan
25
10 y8
Feb
13
Jan
Union
Carbide
310
8%
Feb
10% Mar
Union
Oil
1.95
2,850
1.70
Jun
2.20
Jan
Union
32% May
26 Ya Jun
293/4 Jan
24
26 y4 Mar
293/a Jan
29 Ya
300
28
Mar
29% May
50
Apr
28Ya Jan
35 Ya
35,%
353/4
24
'
/ ;
27 y4
732
33 Y4
145
24
162
.
32c
May
Jun
49Ya
July
27%
Apr
Jan
35c
Mar
20% Jan
16%
17%
2,230
7%
Feb
18
Jun
United
25
1
—
;
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al9
5
18
Jan
60%
"
60 Ya
863
55 Y4
Jun
67Ya Jan
291
61Y2
Jun
72 y4
25
16%
Feb
20% Jan
203
48%
103/a
•
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37%
13%
(Un)
Jun
31 %
Jan
United Corp of
8
Jun
11
Apr
U
Jun
45c
36
150
33 y4
Jun
39%
Jan
4%
4%
710
4%
Jun
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55
41%
Jun
55%
Jan
39
Jun
46%
Jan
10%
589
•
S
Steel
Del (Un)
Corp
Consolidated
Utah-Idaho
3,999
55 % May
Jun
Jun
Jan
12
,
10
28%
7
6%
28%.. 28%
250
36%
37s/a
632
33%
Jun
4l3A Jan
30 y4
755
25Ya Jun
31Y4 Mar
13 Ya
13 Ya
200
113/4 Mar
13Ya
12 3A
380
103/4
Jan
14% Mar
a3
a33/a
213/e
100
21%
2P/4
52
2Y2
Jan
3% Apr
740
,
20%
Jun
21% Jun
35
Feb
45
45
235
2.30
2.30
2.35
30O
11
llYa
400
1.00
1.00
1.10
1,830
5%
6%
310
5Y4
Jun
173/4
173/4
100
11%
Jun
a6 Y2
a6 Y2
50
53/4
Feb
•
43 Ya
•
Petroleum
Preferred
(Un)
common
(Un)
5
(Un)—1
1
———;
——1
6%
200
27% May
6% Jun
32% Mar
6%
8%
Jan
Western
Air
(Un)
1
17 y2
is %
340
163/4
Jan
21%
Apr
Western
Pacific RR common
*
17%
17%
150
14%
Jan
18% May
7%
7%
242
19
19
100
West
Indies
Sugar
Lines
—
Inc
"
Jan
"
2.05
9%
85c
July
Feb
2.70 Apr
Jan
12 Y2 May
Feb
1.20 May
Jan
Westates
Jan,.
Mar
12%
5
(Un)
25Ya
19%
10
29 Y4
10
Oil
Sugar common
Jan
*
Jan
36
21%
•
10
1
*
53
21%
103/a
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2
common
Lines Inc
Air
53
10
common
,
al8Ya al8Ya
—-12'/a
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a63 a65%
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25
—
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&
of
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32c
39'/4
Jan:
'
24
35c
'
-*
*
(Un)
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39%
Apr
156
35c
Water
26
5
Jan
28 lA
138
283/4
1
Company
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Transamerica
97/e
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38 Ya Jan
a28Y4 a28 y4
29
(Un).—
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;
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75
Jun
21
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25
Standard Oil Co of N J
Studebaker
2.05 July
28 Ya
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25
of
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Feb
20 V*
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-
—.*
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100
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28
—
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preferred
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*
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35
1
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,
,
Apr
11 Ya
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r.
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pfd
Feb
10%
2.50
■
15
Southern Calif Edison Co com
4.32%
'
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Corp
--if*.
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Warner Bros Pictures
Kennecott
•
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Universal
Johns-Manville
'(■'
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Soconv-Vacuum
P2
:
.
■■(■
Signal Oil & Gas Co class A
Oil Corp (Un)
*
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Union
1.80
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■
47 Ya Mar
Jun
570
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International Nickel Cc Canada
IXL
63/4
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*
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International Tel
■
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46
17%
1
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Maryland
'
Tide
Co
Mining
Maurico
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13
—
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Hunt
San
Standard-Brands Inc
a343/a
•
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Plantation
Honolulu
Ltd
Jan
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Stores
Safeway
48 Ya Mar
1%
•
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Honolulu
58%
14
(Un)
28%
Apr
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—
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Apr
43%
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25
common
Jan
6
24%
180
11
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*
General Paint Corp common
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953
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10
(Un)
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240
„
33 Ya
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45
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Eureka
33/a
273/4'
73/4 Jan
22 3/4
Jan
-.7% Apr
*
Lockheed
Loew's
Aircraft
Inc
(Un)
Magnavox Co
Marchant
Corp.—.
...
1
——
__1
—,—
7%
—5
Calculating Machine
5%
18
Preferred
Union
Jun
18
Jan
Western
Jun
233/4
Jan
Westlnghouse
Woolworth
Martin
Mstson
Co
For
(Glenn)
_
Navigation Co
McKesson
footnotes
see
8'/4
(Un^.
page
42.
18
__
8%
160
73/4
Jun
14
—1
(Un>—
& Robbins Inc
143/s
300
11%
Feb
a33% a337/e
20
33 y4 May
17%
173/a
Apr
Apr
33 V* May
Yellow
(F
Telegraph
Elec
W)
81
a59Ya a59Ya
20
(Un)J.—•
al3%
al37/a al4Ya
85
12%
a23%
a23Yaa23Ya
a47Ya a47'/a
Corp (Un)
(Un)—
Cab preferred
Portland Cement
Yosemite
a23Ys a23 Ya
■
—
——r—-■——100
—10
—
25
pfd
10
19%
'
a—
a—.'
a—
—
s,'
—
l6Ya Mar
110
13 Ya May
21
Jun
26 3/4
185
443/4
Jan
47% Jan
Jan
19 Vi
20
300
19 y4
July
20%
Jan
15
15
176
15
July
35
Feb
38
(138)
COMMERCIAL
THE
CANADIAN
BAXGE
Montreal Stock
&
FINANCIAL
LISTED
FOB WEEK
CHRONICLE
Monday, July 11, 1949
MARKETS
ENDED
JULY
8
STOCKS—
Last
Friday
Par
Abitibl
Power
$1.50
&
Sugar
class
A
12%
3,982
17%
2,745
690
37.40 37.40
—
Aluminium Ltd
Can
4%
20%
9% May
16
17 V#
Jan
20%
Jun
Jan
39%
Jun
38
24%
Jan
536
Molson
56
Jan
Montreal
30
May
43%
48%
2,632
41
Jun
61%
25%
25%
25%
110
25%
Jan
26%
Jan
—
6%
6%
50
6%
Jun
9%
Apr
Jan
Power
6
6
6
325
a62
a62
a62
15
62
Jun
76
22%
22
22%
236
21
Jun
26%
18%
18 %
135
17%
Jun
23
&
Paper
class
40%
41%
3,324
38%
Jan
41%
Mines
Brazilian
Trac
Ltd——*
Lignt
9.50
9.60
5%
400
19
♦
Power
6i
9.60
18%
19%
2,629
Morgan
6%
Jun
Jan
7%
8
Oil
•
al3% al3%
4%%
Elec
red
cum
4%
17% May
10
12
Jan
preferred
British Columbia f
23%
24%
1,976
22
Feb
24%
14% July
.19%
Jan
15
92
Apr
95
668
15%
Jun
22% Jan
330
10% May
i8y2
18%
50
17
37
36%
37
305
39
Feb
.20
21
975
19
Jun
Feb
24%
24%
24'A
485
24%
Apr
25%
20
Mar
V
37
May
Y
23% Jan
a28
a29
Jun
40
Jan
101
101
65
100%
Jun
101
Jun
—
22
22
50
21%
Feb
23
Jan
35%
35%
35%
311
34% Mar
38%
Feb
42%
42%
42%
107
40
42 %
July
7%
7%
__
10%
10%
60
10% May
11%
19
18
19
880
16%
Jun
23%
Jan
20
20
20
250
20
Jun
23
Feb
54
55%
2,171
49
May
59
Jan
22%
22%
335
20
Feb
23
Jan
20
Mar
*
common
r
•
V,
""25
Chemical
com
5
_
___5
_
Steel
Car
Niagara
Jan
—
87
87
50
87
Jun
87
Wire
Weaving
Jun
97%
Apr
Jan
101
pfd. .100
preferred
Mines
Jan
15
Corp
20
27
275
Jan
6
Feb
8
Ltd
55%
Jan
Jan
Jan
_100
Products
orest
Jan
75
a92
17
.100
4%%
Preferred
14% Apr
23"%
pfd.100
cum
9%
21
•
National
July
20% Apr
Jan
90
Jun
17%
_«
__
Ogilvie
Flour
99
45
2%
600
26%
161
14%
14%
25
4%
2%:
99
2%
26%
•
4%-
200
3
Light,
5%
101% Jan
2% May
Mills
common
22%/
Ontario Steel Products
Ottawa
British Columbia
7%
9.68
Mar
_•
common
Preferred
_
Jan
25
British American
High
'
Jan
«_
■
&
25
15
a92
'
•«
■
Drug
9
//
90
12%
— —
17%
__
Ltd
BreworiPs
7
11%.
(Henry) & Co
Paint Co
National
Mar
Low
a90
14%
15
*
Locomotive
Noranda
British American Bank Note Co
'
100
_
(Robt)
National
25
0
Oil
Breweries
Murphy
Jan
•
A
Telephone
9
—
common
Montreal Tramways
Jan
41%
Corp
Bathurst
•
100
*
Asbestos
—
Range Since Jannary 1
High
a90
Feb
Jun
48%
*
A
Massey-Harris
McColl-Frontenac
19"%
•
pfd
Argus Corp Ltd common
4%% preferred
Bralorne
Corp Ltd
preferred
35
,
25
38
class
Mailman
High
25
:
of
20%
39
•
Amalgamated Electric Corp
Bell
Low
17
.37.40
Export
Shares
Low
1st pfd. 100
''
.'■■■
for Week
Range Since January 1
High
11%
17%
20
Algoma Steel
Co
Shares
Mitchell
Acadia-Atlantic
Aluminum
of Priees
MacMlllan
5Vo
12>/a
20
preferred
MacKinnon Struc Steel 5%
for Week
Low
•
Paper common.
preferred
$2.50
Sales
Range
Sale Fries
.
Par
* Week's'
Last
Sales
Range
of Prices
Sale Price
OuAdlu Funds
STOCKS—
Week's
Friday
Exchange
Page-Hersey
.19
19
24%
24'A
10
101% 101%
30
101
Apr
102
37
Jan
45
144
July
147
—
Heat Si
Power
24%
com
preferred
100
Tubes
44
44
25
44
18
Jan
20%
26
Jan
Jan
Penmans
Ltd
6%
pfd_.
.100
Jun
102%
Jan
May
Columbia
Bruck
Mills
Class
Power
Ltd
Corp- cl
class
A-—__
B
Bulolo
*
....
*
iil
Building Products
Gold
Burrard
A—*
Dredging
Dock class
Dry
30%
$1.80 preferred
Canada
Safeway
Steamship
4%%
pfd
Canadian
Breweries
Canadian Bronze
Canadian
6%
24&
Ltd
13
27
$1.75
r
Celanese
Series
Investment!
Foreign
Feb
Royalite Oil
Jun
St
Corp
15
96%
98
Jan
40
12
Jun
14%
33
Jun
37% Feb
13%
Jun
21
Apr
23%
Jan
al5% al5%
19 % July
5
11
10'A
11
13%
14
16
582
14
80
19%
21
1,902
19
-
•
..
Glass
100
35
Jun
22
100
20
May
46
280
45% July
48
26%
125
26%
27%
24% Jun
25
105
9
680
8%
8%
9
212
8
,
May
26%
27%
127
24
Jun
■
13
12%
•
13
6,774
11%
8
7%
»
—
84%
•
common
Glass
&
Steel
May
14%
Jan
Jun
1227A
65
20
Feb
50
35
Jan
17%
870
14%
Jun
Stores
Tar
Ltd
Textile
Paper
Dryden Paper
4%%
pfd_
East
Kootenay Power
Eddy Paper Co class A preferred
Heating
Power
Apr
22 % Mar
7>/2
a20
24
5
75
Steel
Ltd
preferred
Gypsum Lime &
Alabastine
Ltd
common.
Ltd
Intercolonial Coal
Corp
Paper
International
Utilities
Public
For
(C
Apr
34%
Jan
21% Mar
21%
90
11%
11%
11 %
4,590
168
88
88
13
24% May
26'A Mar
Jan
19% Apr
65
Feb
V
21% Jan
161L
Jan
35.
88
25
11%
July
Jun
12
Jan
168
5%
Feb
18
25
50
25
May
30
Jan
a95
30
94%
Jun
97%
Apr
20
175
17
Feb
20
Jari
18
85
17
Jun
18% Mar
a78
81
95
Zellers
I,td
200
1.00 Mar
160
13% Jun
17
12%
295
11%
II
Feb
14%
141/3
25
14%
Jan
16
10
158
Jun
85%
14%
14%
14%
75
13%
Jun
20%
19
Jun
28%
17%
110
40
100%
Jun
850
1.75
Jun
2.50
13
Jun
15%
99%
Jun
102%
102
102
10
141/4
i43/4
270
*275
24
Jan
May
27
Jan
May
14
14
25
14
16%
Jan
26%
27%
1,320
24
Jun'
28%
Jan
Apr
22%
23
75
21
Apr
25
17%
75
17% July
19
Jan
32%
35
2,067
Apr
a98% a987/a
10
34
27
Feb
37
97%
Jun
100
Feb
39
Feb
43
Jari
24%
Jun
25%
Jan
42
175
25
25
25
50
a20
a20
17
10
22%
22%
23
475
25%
25'A
25 %
1,920
25
Jun
26%
Jan
.10
Canadlenne
Commerce
Montreal
_
34 J/4
34%
34 J/2
400
34
Mar
36'A
Apr
25 »/8
25
25'A
1,025
Jun
26%
Apr
_
Scotia
_
.
.
Royal
16% July
14% May
19% Mar
20% Jan
22%
243A May
24%
Feb
106
Montreal Curb Market
Canadian
17
Funds
Friday
STOCKS—
Week's
Last
"
Par
Feb
Acme
Glove
July
Atlas
Steels
Fabrics
Works
B_.
Low
8
250
10%
10%
305
4%
--:!-
4%
«
...
Range Since January 1
High'
8%
/;"I
class
Shares
8
.
Ltd
Products
for Week
Low
*
Ltd
Sales
Range
of Prices
Sale Price
Auto
141/0
50
7%
.25
preferred
Jan
16%
14
27
Jari
170
5% Jun
1.30 Jun
102% 102 %
2.50
500
42
Jan
950
6%
Banks—
15%. Jan
21%
21%
158158
10
5%
--
8
10'/a
High
15
July
Jun
12%
100
4% Mar
5%
8%
100
14
257
8% July
13
Jun
May.
Jan
Feb
Apr
Jan
Belgium
Jan
Brewers & Distillers of Van Ltd
Glove
&
Hosiery
Co
com
*
lis" '
14
131/2
11
Jan 1
15
Jan
'
99
28
8
Jun
•
30
29%
30
300
27
Mar
31
Apr
British Columbia Pulp & Paper pfd. 100
I—•!'
al41
al41
•
44%
43%
4434
2,415
38%
Jun
56%
Jan
Brown
2%
6,061
2%, /i 2%
16%
Feb
19%
Jan
74
__
10% May
British
Columbia
Company,
Packers
class
13% Mar
14 VB
Jan
_.l
Butterfly Hosiery Co Ltd
55
24%
Jan
25%
Apr
Canada
&
23'A
1,080
19%
Feb
23%
Jun
Canada
Malting Co
30
Jan
Canadian
Canadian Industries
"6
B_
common
25 %
*
...100
715
25%
25%
51
25
May
*
31%
29%
31%
2,237
29
Jun
36
Jan
15
50%
48%
51
2,525
44
Jun
58
Jan
/
Preferred
1%
.100
Dominion
Gen
8
7%
8
1,041
Jun
12%
Jan
Canadian
Lt
15
15%
330
13% May
15%
Jan
Canadian
Marconi
13
13
13
25
11% Mar
13
193/4
Apr
igy4
193/,
100
19
Jun
23
Jan
•
24
22%
24
105
22%
Jun
29
Jan
Jun
7
13
al4
al4
20
13%
12
...
12
35
13
13
25
11% May
13
July
&
Pr
Ltd_
*
.
.
•"
...1
Vickers
Ltd
Canadian Western Lumber
Feb
Catelli
15
Mar
Claude
Products
Gen
63/4
Jan
151
Feb
160
1,600.
2
May
4
Jan
164-
71
Jun
103
Jan
Y;/;li
10'
25
•
!
9»
Jun
12%
Apr
Mar
537
183A
Jun
23
Jan
20
423/4
Feb
50
Jan
17%
Jan-
15%
151/2
.
'•I'.
25
15% Mar
21
728
171
171
!2
170
Jun
1783/a
a22'/2 a243A
21
30
Feb
33 J/2
Jan
1.25
100
2.00
Jan
1.00 al.20
76
2.00
Jan
1.25
—
a
19% Mar
1.15
22
Jun
1.25 Mar
•
Jan
Feb
Ltd
Adv
a9
10
9
Jun
11
Jan
64
65
135
62
Jun
84
Mar
3%
3%
700
3% May
4
Apr
a30 a30J/4
3P
30
Feb
34
Jan
80 '
54
Jan
100
Jan
-Zji
Co
common.
pfd
a9
_•
common
15% Mar
Neon
5% Mar
«
15
Food
25-
20 34
100'
Co
Co
6
20 J/4
100
_
preferred
Canadian
20'/a
;
a43% i a43%
~
Canadian Power & Paoer Inv common.*
5%
71
20%
—
common
_
74
10
Sugar
Ltd
Investments
preferred
15'A
*
42.
Jun
5%
—
Apr
*
Feb
Apr
Feb
80
42
Jan.
141/2
•
82%
85 %
30
81
7% Jari
Feb
% Mar
17%
■
Jan
12%
5
82%
78
17% ri
■'
.
common
23
common
30
145
Mar
1.25
•
May
23
<
100
25 %
Ltd
"" Jun
5
80
a78
a80% a81%
27%
preferred
»
18% May
16
iJ
common
23
common
page
i5%Mar
100
81
10
—
:■:
25 %
common
see
530
25% Jan
14%
14%
Jan
Jari
17%
a78
a81
July
1.25
25 :
common
Co
.100
common
Winnipeg Electric
Nova
10%
14 %
3
footnotes,
168
13
*
Apr
48%
Jan
17%
25
__
25
25
July
a94%
Worts
13%
Ltd
W)
&
175/3
Secord
Lindsay
39%
75
14%
Jun
Jun
1
16
16%
27
17
Corp
Service
Woods
Bros.
Feb
July
Jun
21
1.75
42% Jan
16%
•
common
13%
(John)
Lewis
13%
24 %
2.50
.45%
100
6
13%
common
Petroleum
Laura
30
Feb
23%
16%
22%
366
17
5% : 5%
pfd
1714
common..
International
the
35%
27
20%
*-•'
1,908
47
36% Jun
18
common_5
International Nickel of Canada
Ltd
.
Jun
23 %
102%
24%
16
.100
•
...
Acceptance
of
24%
505
22%
20%
•
Paper
Imperial Tobacco of Canada
4%
preferred
Lake
4,765
100
Mining & Smelting
International
29
16 %
•
common
Bridge
Oil
33%
15%
*
5%
Bay
36%
30
16
100
Wares
Smith
36%
30
•
common
5% preferred
General Bakeries
23%
46%
—
20
*
Famous Players Canada
Corp
Fraser
Co
common
1%
(George)
•
Products.
Jan
16%
common.
Gooderham
8 % Mar
1
86
2
Walker
•
Corp
Jun
„
."ill
Apr
Jun
II
71
80
20
Jan
7
*
307
Power
18%
30
20
71%
39'A
Jari
17
Wilsils Ltd
,
71%
24%
!_
38
Weston
*
Jari
Corp
Biscuit
Feb
100
Jan
14 %
Wabasso Cotton
Apr
0
22%
Jun
25
Viau
21
__
10
May
A
Jan
30
37%
100
May
9
common
Tobacco
Jun
_
4.
17
46% f
certificates
Canada
Steel
Jan
•
common
Donnacona
Labatt
Tuckett
10
common..*
300
600
175
71%
5
preferred
31%
♦
Chemical
preferred
Jamaica
1%
of
431
23%
&
4%'
10%
39
99
com
preferred
Co
810
24
Jan
Jan
7.10 May
18%
Standard ChemRJal common
19
24
9 %
94
18
Press Co
37
25
class B.
preferred
Indust
Southam
18
*
Jun
Jun
5.90 Feb
Jan
23
a20
70
4%
.1
preferred
36 %
__
6%
35
1,855
Feb
81
__
Dominion
Imperial
9%
11
20
& Coal
Dominion
Hudson
17% Jan
79
36%
7%
30
70
6.60
Feb
10%
_„1
class
18
•
common
preferred
Dominion Steel
Howard
4%%
36%
35
Foundries
Hamilton
•
,
5,127
16%
»
a6%
70
6.40
i»_«..._49;
Paper 1st preferred.-
Voting trust
25
—
a6%
common
A
4%
preferred
Williams of Canada com
•
preferred
Dominion
General
Jan
91
23
__
17% Jan
Jan
Jan
12
36%
__
11%
16'
Feb
vll% Jan
36% Jan
Jun
12.
90%
*
Co—
Dominion
Gatlneau
May
28%
Jun
a7%
Apr
10% Mar
401
;
i.—
Sicks Breweries
Jan
11%
Jun
a7%
98
Jun
170
17
22% Mar
Jan
9
5
j,
6%
Dairies
&
39
35%
8%
20
preferred
Enamel
Series
22 % Mar
24%
95
5
U
16
6.60-
Shawinlgan Water 81 Power
Sherwin
'
100
preferred
Jan
Jun
8%
25
...
& Seal
Dominion Coal
Electrolux
2nd
Jan
26%
26%
Jan
10%
common
preferred
preferred
St Lawrence
Steel
Distillers Seagrams
Dominion Bridge
7%
Feb
Lawrence
1st
2nd
14%
45%
__
v
18
Paper
17
Jun
35%
__
Apr
60
10%
preferred
Southern Canada
Mining & Smelting
Crown Cork
Dominion
Mar
9% Jun
13
21%
__
4%
Jan
127
Rolland
United
Consolidated
Red
Jun
36
•
22
95%
Ltd
al3
16%
45% Jun
2,385
16
Jan
20
21
100
Quebec Power
30
75
*
Canadian Locomotive JL
7%
26% Jan
preferred
Provincial Transport
22'A
19%
•
Canadian Pacific Railway
Cardy Corp class A
Cockshutt Plow i.--—
5%
95%
common.
4%
Jun
19'A
.
Dominion
16% May
8
Jan
Apr
Jun
36
*
B
Consumers
95%
Jan
Ltd
Feb
19%
25
Canadian Ind Alcohol class A
Class
33
May
Co
19%
1,658
•
common
preferred
Canadian
50%
Simpsons
Canadian Cottons
6%
50
&
27 •
20%
25?
-Z—-
-
50%
Bros
21%
19%
25
$1.00 Series
Apr
42% Jan
Jun
135
20%
•
common
Jun
12%
15-
5"% May
150
•
Canadian
34%
700
1,032
•
Canadtan Car & Foundry common
Class A
40
315
Co..-
28
al2%
—
*
common
144
37%
13%
River
19%
•
common
Canners
'15%
100
a98% a98%
•
50
_
144
35%
14%
Powell
28
100
common
5% preferred
100
7%
440
Jan
19"%
20'
Foundries common—r_10
Canada
16 %
23
24
31%
7%
7%
Jun
4% Jun
16%
'*
Canada Cement common-...--.-.—.>—•
Canada Iron
17
37%
26% Jun
30%
5
'
A
24% Feb
14
:
Power Corp of Canada
Price
British
1
--
*
!ioo
—
59
59
Volume
Number 4819
170
THE
COMMERCIAL
&
CANADIAN
RANGE
FINANCIAL
LISTED
FOR WEEK
ENDED
CHRONICLE
,(139)
MARKETS
JULY
8
T
Friday
STOCKS—
Week's
Last
Range
> ■
1
Commercial
Alcohol
Consolidated
Consol
Div
Consol
Bakeries
Stand
Preferred
common
of
Sec
Consolidated
Engineering
Works
com
•
Ltd—
East
Paper
Co
Fanny
Farmer
Candy
pfd
Shops
Inc_
16
Jan
30
Feb
13% Jun
9 *•' July
18%
12 y2
345
36%
Jun
40
395
13%
Jun
20%
&
preferred
a35
10
35
28
May
y
de
LaSalle
33
33
110
Apr
36%
5,300
1.25
Jun
2%
21%
21%
110
20%
Feb
10
10
525
4
Jun
al5
al5
32
5
*
2%
2%
405
Lambert
(Alfred)
Lowney Co Ltd
Inc
49%
49%
a__
26
Oil
&
8
425
1
(Walter M)
14%
14%
*
6
Apr
Teleg & Tel Co Ltd
Minnesota
Montreal
&
Ontario
Refrig
10
Paper Co
& Storage
a
_5
2 Vb
49% July
7% Jun
51%
9%
Anglo
Jan
Paul
Service
Lt
&
Stores
Pr
Co
10
Ltd.—
Jun
16%
al8
29
17 y2
Feb
18
14
1,122
12%
Jun
22 %
Russell
Industries
Southern
Canada
Southmont
red pfd__100
Ltd
29 V*
Feb
29%
Apr
Mar
73 Yi
Jan
66
155
65
25
16
16
100
15
Jun
25
104
Apr
111
Pr
6%
Co
Invest
Ltd
22%
15% May
Canada
23
300
12%
Feb
24
15
Jun
18%
Corporations
United
Distillers
30
108
109
1 44c
30c
-
Ltd-
.
v
3,616
40c
19
■»•:'
"'?
—.
Jun
41c
1,900
Fuel
Inv
class
113
Jan
<
21
19
30c
120 V
J-.- .v,„y
21
y
5
A
50
pfd^__
Windsor Hotel Ltd
Mining
Alta
Mines
49/: y.
50
13 v\'i y/y 93
49
_
♦
13
;
19
65c
i!
Jun
May
July
21
21
! Apr
25
AtlftR
51
Arno
Mines
Aunor
••
-
16
Jan
30c
■*
Lake
♦
2c
1,000
55,300 v
July
17%c
Feb
Gold
3.50
3.50
100
3.50
38 c
19,700
20%c
Mines
Ltd
l
14C
2,000
2%c Mar
4%c
Cartier-Malartic
4V2c
Jan
Feb
Centremaque
Cheskirk
Consol
Mines
9%c
600
5%c
8c
47,200
1%C
2c
25c
July
2,000
1,000
5c
.
Mines
Mar
■,
'
25c
v.
r
-■
Base
Gold
_
Duvay Gold
.y 13c
Jan
6c
7c
6%c
7c
8,000
5V2c Jun
5c
5c
"
6,000
3 Vic Mar
19
:
1,260
15%
Jan
5c:
Mines
Ltd
4%c
Jun
10c
16c
Apr
19%
9c
Jun
20c
Jan
16c
Jun
68c
Jan
170
.
23c
32c
67,500
3.25
3.10
3.30
11,975
9.00
*
9.00
290
1
2.85
Jun
5.30
8.65 Mar
10%
i
Jan
44c
Feb
Jan
38c
42c
7,500
4c
4%c
8,500
3c
May
6%C
6%c
20,000
5c
13c
12c
13c
2,000
10c
6
5%
6
440
15c
15c
15c
200
15c
Jun
20c
Feb
20c
22c
40,400
8c
Jan
3Cc
May
10c
y, l,ooo
200
8c
Jan
14%c
Jan
10% Mar
13%
Jan
:
.
•
4c
10c
10c
11%
11%
5,500
39c
May
4,000
16c
Jun
25c
1,000
6c
Jun
16 %c
2,000
3%c
14c
,
11%
4c
3%c
V 65c
22 %c
5%
,
July
7%c
Jan
Jun
9c
Apr
May
23c
6%
Jun
10 %c
: 15,000
14c
60c
i
65c
Jan
Jan
3c
9,600
-
Jun
9%c Jan
;
9c
8,000
..
May
18c
Apr
50c
28,500
1 .■'*
May
94c
Jan
12%
Jan
"
i
10%
1
10%: 10%
11 %c
12c
6%c
8%c
Jun
10
1,630
9%c
—
—
_
_
_
_
-1-1
—
class
4,500
12c
60%c Jan
8c
May
10c.
15c
May
Feb
.11 %c
Jan
Jun
6c
••
17c
1,700
■j-
5%c
29
___10
34%
34%
90c
y r
*
B
•
'
-
'
_
Gold
-
__
29
34% July
35 % Jan
.
«
Pershing
84c
20c
2,900
38c
65,950
41%
5,115
22c
5,400
18c
5c
7c
5,000
* "10,800
10%oMar
2%c July
-
--
2.000
26%
100
2%c
2%c
9.85
Feb
Feb
41%
„
May
,
Jan
33c
Feb
16c
Jan
25c
May
4c
Apr
18c
Feb
'
2,000
lie
9.20
.:
2%
387/0
Jan
6
3%c May
26%
26%
65c
14% May
12% July
,
Apr
1.06 May
Jun
75
.
Jan
July
37% May
3% July
.50
3%
2%ci
2%c
36%
Jun
14c 16%c
1
0
B
11c
Jun
9%c
________
Feb
Jan
350
,
:■}
Feb
Jan
27c
Jun
20c
—...
3.65
10
4%c
12%
t
'•'V
,'
.
25
40%
1
38c
t
.
s
Jun
3%
1
_
Gold
14c
370
-
Jun
5% July
12%
••
12'A
25
Gold
y>
90c
28c
37c
•
3.00
2,400
'
35%
•"'
88c
;
»
class
34%
35%
v.
505
5%c
25 >A
Mining
Klrkland
Boycon
25
29
—
class
11,000
4,550
5%
17c
1
Bros
Co
3.50
—10
Telephone
Bowes
16c
3.25
:
3.30
1--10
Power
.
5%
i
1
__
Ltd
Metals
16c
1
*
A
Scotia
Nova
Co
8c :/
V;;
Toronto
Bonville
Jan
7c
2.40
-r-r,
"Bobjo "Mines
Feb
7c
y %
.
1
_•
Bordulac
19c
2.33
1
11037)
Apr
54c
—
of
of
Bidgood
Jan
7 Vic
I
19c
19C
I
May
3,500
Montreal
Bevcourt
Jan
50 %c
«
____
1,000
Bell
'
13%
19 '
I
Ltd
9,600
Consolidated
of
Beatty
Jan
5c
...
Mines
Jan
Jan
12c
common
Mines
Bathurst
Jan
6c
«y
Ltd
26%
9%C
•
Gold
Barymin
Feb
3c
5c
l
Jan
25% May
12c
Gold
Bank
SVicMay
39c
6c
' J
j. *'r.;• ,}r ' :
25%
61%
18c
Mines
Fabric
Bank
May
Jun
5c
Ltd._l
Mines
Ltd
25%
Jan
Jun
40%
12c
Mines
Jan
l%c July
"47/bc Jun
y
—
Ltd
Donalda Mines
Dulama
Ltd_____ ...l
Cadillac
*y:
..
,
IIIi •>
■
l
Explorations
Dome
Ltd__
Ltd
Central
Cortez
;
Gold
Mines
Mines
1,045
Apr
56
May
16c
Oil
Bankfield
3.50 July
65c
4yec:'Jun
500
8'/2c
7%C
Gold
48%
35
20c
Bagamac
"
Candego Gold Mines
43%
85c
Jun
55c
14 %c
Yellowknife
Bank
14c
500
"
8«/Icv
--1
235
15c
-
Aumaque
July
3c
Jun
14c
2c
65c
July
28c
l
Mines Ltd
Jan
25%
Oil
Minps
Aubelle
'
;i
—I'
*
...
Jun
n 37c,
•
Ltd.^J^__^_'___y_iy_-_.
Bouzan Gold
2c
23c 32 V2c
2%C
_
Mining Corp Ltd
Mines
Bob's
Ltd
<
-
2c
.»
2%c
Mines
Base Metals
Bobjo
•
Ltd
Gold
•.
1
'
Feb
9%
Jun
7%
Jan
<
Aunor
Ltd
8c
\
1
Steels
Atlas
May
July
12% May
•
Auto
Mines
Jan
Jun
July
—25
Mines
Athona
Stocks—
Anacon Lead
Jan
Jun
5c
1,800
39
Porcupine
Atlantic
Mar
//y>.;'.V.Z
.
75c
38
48
Ashdown Hardware class A
' Apr
46c
49
•"
*
United
74c
Arjon Gold
'
Canada
25
103
19%
99
Jan
pfd
Ashley Gold & Oil
V
109
43c
43c
class
of
July
Jan
35C
United
40
■
30c
Rouyn
Corp
Warrants
Jun
130
pfd____ „100
Trans-Television•
Jun
Mines
Larder
Canadian
Area
15% May
20% Jan
16 «/2
yx:,. ry-yrctV"'**';
16
r
140
39
Yellowknife
Aquarius
Mar
22%
*
165
_
Apex Consol Resources
Mar
.15%
16
8%
*
_
Armistice
Quebec Pulp & Paper 7%
8%
'
35%
512
y
20%
Jan
5
•
105% 105%
1st pfd_100
5,000
1
—
Anglo-Huronian
Jan
15%
•>
Corp of Canada C%
Power
10
5c
Lead
Argus
Newfoundland
99%
5c
Jan
Jun
Jan
13%
66
66
20%
99%
'
■
_•
Co of
American
Jan
25
a29% a29%
•
40
High
17
16
a
—
14 %
13%
13%
1st pfd__30
Moore Corporation Ltd
17%
37
*
Ltd
Aluminum
Anglo
Maritime
40
v
#
Steel
Aluminium
Jan
2% July
7
8
491/4
pfd_50
conv
3,075
•
Yellowknife
Algoma
Anacon
Investment Foundation 6%
17%
lioo
Gas
Akaitcho
Jan
*
167/8
Low
9% May
*
Feb
1.60
Inc
1,090
20%
—20
Preferred
Acme
Amalgamated
Hotel
12%
Range Since January
High
11%
17%
20
■
Agnew-Surpass
1.50
Hydro-Electric Secur Corp
Shares
Low
Jun
1.60
for Week
12
*
Paper common
$2.50 preferred
/■;.
Mar
*
pfd
$1.50
Jan
1
Motor Co of Canada class A
Power
Acadia-Atlantic class A
ly
37
14%
100
Ford
Par
Abltibl
Sales
Range
of Prices
Jan
Feb
14%
14%
Week's
Last
Sale Friee
Jan
48
STOCKS—
Apr
42
150
yy
Jan
July
Exchange
Funds
Friday
Jan
35c
a35
y
.»
red
43%
10%
37
•
Manufacturing Lt"d
6%
43
43%
100
Fleet
Foreign Power Sec
50
•
;
Ltd
Kootenay Power 7%
9
Jun
24
4,409
Canadian
Jan
May
15
-15%
6
Jan
35c
75
High
Jun
73/4
12
ysy;v 9
O
Dominion Oilcloth & Linoleum
Donnacona
f 25
75
'
14%
15%
i
Ltd
10
2Yb
al5
24
710
a30c
>-y
Corp. Ltd
Mills
9%
al5
»
•
Low
3
a30c
<■
Mfg Co Ltd
Textile
10
«
A
4
j^aper
Consolidated
«
2%
Toronto Slock
Range Since January 1
High
'
3
■
Ltd
Can
class
——
Lithograph
Dominion
Ltd
Shares
Low
'■
J
•
for Week
of Prices
Sale Price
Par
Sales
8c
26% Mar
Feb
23
2c
1,000
May
5%c
Jun
Jan
'
East
Malartic
East
Sullivan
Elder
Mines
Eldona
Mines
Ltd
Mines
I
Ltd
Gold
Mines
Ltd
Mines
Hollinger
1.90
2.15
13,800
39c
35c
39c
3,500
35c
69c
63c
66,200
42c
l
.
Gold
Mines
Gold
Mines
1
Ltd___.
1
Lake
1
Shore
Lingside
Mines
Gold
Louvicourt
Mines
Ltd
Goldfields
Nechi Cons
New
O'Brien
Ltd
Gold
Corp
Siscoe Gold
Standard
Sullivan
Ltd
Mines
Mines
Gold
Sylvanite
Asbestos
2.30
100
23c 26 %c
6,500
6 Vic
2.30
70c
Jan
Apr
Feb
2.30
31c
2.35
3,150
1,72 Jun
3.70 Jan
1.70
2.000
1.45
1.95 Jan
23c
5,000
3c
13%
13 Vi
3c
11 %C
200
7C
11,000
5VeC
Jun
1.12
400
1.12
Jun
1.89
1
22c
1
— —
If
:
300
2,000
40c,
47c
.
45c
1.25 May
/:
y
7.80
Jan
Jan
Jan
2.57
Jan
8.25 July
May
42c
3,000
25c
Mar
40c, May
6,500
41c
Jun
53c
i
5c
:
:
4c
1
5c
35,800
1.50
2,400
.
1.45
1.60
3c
May"
Jan
Jan
1.65
900
1
13c
12C 14 %C
21,000
2c
May
89 c
85c
91c
8,600
74c
Jun
-1
23c
21 %c
25c
41,500
21c
Jun
—
8c
130 'May
1.35
Jan
,
,y
45c
Ltd
1/'■../
Mines
.
.
46c
75,800
42c
2c
2c
5,000
2c
8.75
•
Westville Mines Ltd
42c
8.45
8.75
6c
4%c
6c
1,100
17,000
12c
2.000
—
1
11c
"
May
Jan
1.90
Jan
1.65 July
Columbia
Packers
Columbia
Power
British
Dominion
Oil Stocks—
■
'//
3.30
3.30
1,600
Jan
Jun
15
Jun
Consol
Homestead
Oil
Co
Ltd
Home
New
Oil
Co
Pacalta
Pacific
South
Petroleums
Brazeau
For
6c
6%c
9,000
1.16
1.10
1.21
2,600
*
Co
Ltd
see
9.60
9.00
9.60
4,243
*
page
Ltd
42.
12%c
14c
6,250
1
Ltd
Petroleums
footnotes
6c
1
Ltd
Oils
_*
2.45
2.53
300
13cl3y2c
3,000
*
13y2c
5c
89 %c
8.50
Feb
10c; Jan
8c
2.10
10 %c
12c
2.00 May
Feb
Jun
23%
24
1,751
22
Mar
24%
24
24%
95
24
Jun
25%
Jan
86
87
35
86
July
90%
Jan
97
May
<101%
2%
Buffalo
Burns &
Co
Burrard
class
Flon
18c
May
37c
Feb
35c
3,000
30c
Jun
37c
Jan
10c
Jun
24c
Jan
9%C
10c
f,
18,400
6c
5c
.6%c
30%
31%
12%
12%
12%
.25
25
<25
10
7%
715
7%
13%
300
i-
3.05
20c
Jan
Jan
8c
Jun
5c
May
9%c Jan
May
33
Jan
27
u
12 %
25
6%
Jun
14%
Jan
July
29%
Jan
Jun
8%
Jan
•
5,500
5%c Jun
11c
Apr
10c
4.40
4.65
2,030
6 y2 c
2,500
4%c
31c
1,200
30c
Jun
54c
Jan
1,000
10c
July
14c
May
6%c
fr
III
—
10c
10C
3.10
3.30
2%
Campbell Red Lake
31c
..1
2%
23
23%
145
22
22
.100
-1
3.10
common
Canada Cement common
Canada Iron Foundry
23%
...—
common.
10
t
7,100
300
,
4%'
47/a
4%
43%
43%
29%
29%
188%
50
43%
29%
190
3.75
Jun
6.60 Jan
Jun
8%c Jan
A—.—
Jan
2%
Jun
3%
22
Jun
26%
15
Jun
25
4% July
5
43
Mar
145
./•
3.75 Mar
2.70
29
Jun
"
class
Canada Permanent Mortgage
Canada SS Lines common..'
Canada
100
112
y
50
12
&
Cable class A
12%
12%
12%
35
.35
35
—*
79%
79%
55
79
*
Wire
*
26
26
70
/':■ //
•7:,
••••
Class
187% Mar
50
Preferred
B
Jan
Jan
Canners
Apr
Jan
July
6% Mar
50
Jan
33%
Jan
5
33%
Jun
Jun
192% May
14% Jan
37% Mar
May
83
May
243/4
Jan
29
May
22%
Feb
24% May
10
23
223/4
23%
2,015
*
Convertible
Canadian
common
preferred
20%
193A
20%
1,970
19
Jun
21
Apr
•
16
15%
16
345
13%
Jun
18
Jan
15%
15%
55
13%
Jun
18
Jan
11
10%
11
60
9%
Jun
14%
Jan
20%
19%
,.21
5
4%
5
955
12%
12%
25
*
•
Car common
Class A
——
Canadian
Celanese
Food
common
14c
Jan
3.00
Jan
Canadian
Jan
Canadian Ice Machine
22c
350
y*
Jun
8%C
...
Ltd
Bread
1,500
1.60
4.60
...—
Oil
Jan
16,100
10c
Calmont Oils
Calnorth
Jan
3,810
Calgary & Edmonton..
Flin
13
26 y2
38,900
Calder Bousquet
Callinan
Apr
15c
7%
Jan
Mar
2.15
I*
..
Jan
3
10
_*
A_
Jun
25
_«
—
A
,.-2%
Jan
95
•
30%
class
.
20c 22 %C
34c
14 %c
.
330
>
12c
Products
Burlington Steel
552
1.84
IIIi
Lake.—
Red
130
2%
•
Buffalo Canadian
Building
99
2%
5.30 Jan
Feb
Jun
24
--
...1
.....
Apr
Jan
Jun
Jun
7%c Mar
22c
...1
Canadian
Gaspe Oil Ventures Ltd
13% July
Jun
Jan
6.90
2.90
Feb
3c
10%
Canadian Breweries
3.15
13%
4,000
26%
Machinery
/.,y.
•
50
4c
10%
Canadian Bank of Commerce
Anglo-Canadian Oil Co Ltd
13%
4c
26%
Buffadison Gold
Buffalo Ankerite
Packers
36c
13%
—
•
Malting
4%C Jan
Feb
20%
—1
Canada
1.28
Jun
•
A
Oil
Canada
73c
Feb
__100
Broulan Porcupine
'
8%
17%
A
class
May
65
2,341
•
class
9
9
19%
98
July
Jun
3c
__
9.85 July
9
Productsi
Forest
1.34 May
14 %c
■
8%c Jun
pfd
;
18%
preferred
Columbia
Canada
1
4%
8.25 Mar
2,890
9
i
1.57
;.
Elec
Jan
20c
1
Mines
14c
Jan
—25
British
Canada
1
Ltd
33,300
<
22c
39 %c
■
45 %c;
Ltd
16 %c
Jun
6c
8.25
Ltd
8c
July
1.12
Ltd
Feb
Mar
1.61
7C
_
Jan
2.32
1.64
(1944)
84c
Jun
•
common
British
Jan
62%
Jun
18c
4%%
45c Jan
Apr
Oil
Columbia
British
Jan
Jan
72c
200
1
V
19%
5"
_
Lake
American
British
July
1.63
8.00
Corp
Wiltsey-Coghlan
/yy 15
2.10
1.82
Ltd
Amulet
a80c
Distillers
Preferred
Jan
May
19c
51
310
2.30
Vinray Malartic Mines Ltd-—-—„—1
Waite
21,300
61%
1.12
2.
Ltd
United
34c
30c
8.25
Ltd..
Mines
Mines
May
1
Mines
Trebor
8c
Ltd__„22.-____1
Goldfields
Torbrlt Mines
Jun
11,500
British
Apr
55c
Jan
50c
Mines
Gold
Tiblemont
3c
11%
_
Jan
6.25
31 %c May
—50c
Mines Ltd
(Quebec)
Cons
1,500
,9c 10 %C
*
Sladen-Malartic Mines Ltd
Stadacona
3%c
1
Sherritt-Gordon Mines Ltd
Sigma Mines
385
23c
•
Quemontr Mining Corp Ltd
Mines
1,000
6iy2
&
Brewis Red
16%c July
Jun
«
common
Mar
12%
Feb
2.85
15
a80c
1
Ltd
Ltd
Quebec Manganese Mines Ltd
Santiaeo
14%c
Cordage
Brazilian Traction Light & Pwr com—*
Jan
23c
Feb
39c
32c
1
Mines
Sheep Creek Gold
9%c
200
1
Mines
Mining
10c
8.75 May
39c
61%
Brantford
Jan
9%c Feb
Jtin
14%
1
Ltd
Goldvue
Normetal
Mines
Dredging Ltd
Mines
78c
Apr
Jan
'
Mclntyre-Porcupine
Negus
Jun
36
400
3.75
—
1
3.45
40c
3%c
5
—
2.68
Jun
May
4%c Jun
1,072
16%
—»
14%
...1
Macdonald Mines Ltd
1,425
15c
3.75
1
Ltd
9.50
16%
16%
1
Ltd
11,000
15c
1
Labrador Mining & Explor Co Ltd.
Lake Lingman
Gold Mining Co
6,500
50
9.25
'
6c
4c
5
Ltd
Mines Ltd
1.65
Brewers
77c
5c
6C
l
Hudson-Rand Gold
Kerr-Addison
__
Ltd
Cons
2.15
—_i
Formaque Gold Mines Ltd
Goldora
1.85 May
l
I
...
Ltd
0
Bralorne Mines
Products
common.
class A
133/4
20
•
,
14
.
■
...
175
13
Jun
17/
Jan
650
19
Jun
22%
Jan
Jun
8%
Jan
12% July
12 3A
Apr
4%
39
40
THE
(140)
COMMERCIAL
&
CHRONICLE
FINANCIAL
Monday, July 11, 1949
mm*-
MARKETS
LISTED
CANADIAN
RANGE FOE WEEK ENDED JCLT
Friday
Ranee
Sale Price
Class
A"
Alco
B
8%
voting——♦
v,
11%
64c
12%
13
Patricia
11%
1.46
310
74 %C
61 %C
75c
56c
14
81c
87c
18c
22c
30,700
3%c
3%c
1,000
50c
50c
1,600
41c
6c
4%c
6c
65c
2.45
7,300
Chimo Gold
1
15c
12 %c
15c
6,100
1
2.60
*
A—_—
class
,
Hard
Mar
2.85
Jan
12%
280
25c
27C
3,500
Heva
1
4c
4c
600
5%c
Jan
2.75
1.35
1.45
14%
—
____1
*
Mines
1.15
9,472
11 %c 13 %c
31,500
1.07
85c
ll%c
10 %
2
50c
Consolidated Duquesne
1
55c
Consolidated Homestead Oil-
•
Bakeries
Consolidated Beattie Mines
10 Vt
30c
7c
Gold
Hosco
Feb
1.60
Jun
50c
7%
12,200
54c
55c
1,000
6c
6%c
Jun
9%*
450
6c
6,500
6c
July
10c
Feb
5c
6c
6,000
5c
July
10c
Jan
10%
Mine*..
22c
10%
87 "
85
827
-1
8c
Press
Con west
Cournor
Mines.
Crow's
Coal
Nest
Crowshore
19 %c
—L
-—11—100
__i:
Patricia ——L__
10% July
5.000
6c
May
13 %c
Jan
65c
Jan
51C
1,000
50c
July
8c
9%c
30,500
6c
Mar
7c
-
.5
_
7c
July
Yellowknife
7,000
9.50
2,805
5c
5c
5c
-1
Mines
7%c
9.25
9.40
17
-1
16c 18 %c
31c
30c
-1
Bay Mining & Smelting.
Malartic
19,000
44 V4
7%c
Feb
38c
Apr
38%
Jun
57'
2c
Jyn
295
27 V®
Feb
16 %
Feb
*
2,160
15,500
29%
17
17%
14
Jan
25 '/a
25%
1.45
Jun
10
Industrial Acceptance
Inspiration Mining
Coal
Jan-
Jan
6c
Apr
19%
Jan
14 V®
Jan
Jan
26 %
f«-
Jun
*
1
40c
41c
1,000 -t
206
Jun".
54c
Jan
22c
22c
2,000
22c
July i /
33c
Jan
155
21%
July;
23
23
23
'
60
20% Mar
i
i
23
May
Jan
International
Metals
class
Milling
pfd
Nickel
Petroleum
A
—*
21%
21%
100
10O
100
100
25
100
Preferred
100
100
100
52
31'/a
30%
31'/a
7%
7%
7%
28c
22c
:
99% Mar
100
25%
Feb
105 V®
Jan
Jan
International
52
Jan
International Uranium
—1
.50c
14c
Feb
Island
15c
Jan
•-
common
•
;
Jacknife Gold
Jack
Co
Mountain
Mines
3,111
1.978:'
29%c£
29
7
Jun
-
22c
37,700
36
.-
Jun
Jan
•
13
Jun
Jan
-52c-
Jan
July
1.15
1.15
1.15
500
1.15 July
1.15
7%c
5c
7%c
42,500
3%c May
5%c
9c
'9c
9c
500
*
D'/.rngon Mines
Davies
Davis
1
Petroleum
Leather
1—_—.—*
18c
21%
i-
19c
*
—
class
21%
A
'
15,500
16c
50
Jun
43c
Jan
21
1,000
Jun
23
Waite
Decalta
Oils
Ltd
12c 13%c
•
1
10c
14,000
|
Jun
1.20
1.50
1.51
600
6C
7c
4,300
5C
40c
40c
2,000
27C
33c
Jan
J-M
Feb
Red
Dexter
:
—
Lake_
...
_
-_-l
..
—
Distillers
Yellowknife
;;
1
6c
7c
2,500
4%c Mar
7c
1
IV2C
1 %c
1,000
IV2C July
3%c
15c
Apr
27c
Jun
May
Joliet
Jan
46c
May.
Gold
1
Quebec Mines
24c
22c 26%c
21,300
1
_.
35c
30c
26,000
1
•
23c
27C
33,100
20c
Jun
32c
Jan
Kelore
17
17%
595
14%
Jun
18%
Jan
Ken-Addison
19
*
18%
19%
2,555
15%
Jan
19%
Dominion
Feb*.-> -3* 26-'
Jan
Dominion:
Foundry
Dominion
Magnesium
26
17%
80
.
150
•24%
...
17
:
.
Jun
v
Jun
Mines
23
24
100
•9%
9%
250
8
Jun
25
25
50
25
July
15%
16
1,225
22%
27%
Kirklaud
Jan
Labatt
'
r¥
Malting
Dominion
Steel
*
common.
Coal
&
class
B_.
25
16
13%
-
25
.
Jun
Dominion
Tar
•
Chemical
<fe
Dominion Textile common
Dominion
•
17%
Dulama
Gold
Dufault
490
21%
Feb
24% May
Lake
Fortune
85
19%
Apr
22
Feb
Lake
Duvay Gold Mines
10%
Jun
12
Amphi
llVo
11'/a
.175
11%
12
370
50c
45c
57c
101,800
19% c
6%c
16c 19 %c.
11% May
East
Oil
Crest
East
Leduc
East
*' ;;
—
Oil
Malartic
35c
Mines
1
6c
Lake
Shore
Mines
Wasa
Mining^i—-
Lake
of
72,200
15c*
Jun
25c
East
Sullivan
Mines
Steel
1
Jun
17c
Jan
9c
2,000
7c
Jun
12c
Mar
10%c
Eddy Paper class A—
—
Jan
7c'
9,500
5%c July
2,500
2.40'.
19c
Jun
1.83 May
17,675
2.19
1.62
27,290
2.70
Jun
5%
20
La
5%
75
5%
13%
755
13%
3.45
Jun
13%
13%
Eldona
1
Luz
Gold
Sol
l
—
Jun
39%c
7%
17
Lapa
Eureka
Corp
40c
23,512
30c
Jun
41c
62c
77c
573,511
41c
Jun
77c
Jan
4%c
5c
3,000
4c
Jun
12c
35c
.
500
27c
May
Federal
Fibre
"U"
Ford
Ltd
Motor
Francoeur
Fraser
Froblsher
5%
1,820
3.10
60c
Jun
33
32%
33%
610
31%
Jun
614
5%
6%
300
5
May
105
105
45
99
Jun
class
A—
4c
4%c
4,000
9
9%
105
*
■-*—
12
12
50
22'
9c
Exploration
'
——
1
—
Porcupine
i
A
common
50
:
Paper
1.75
Jan
5c
Apr
May
1.45
y
Jan
3%c
23%
2.25
2.20
2.25
'
6.75
*
350
18
18
Jan
15
Apr
34c
5,810
6.55
64c
10%
35
5%c May
Jun
Jan
48c
Feb
21 %
7,177
22,800
.
Feb
30c
Apr
23% July
Jan
—
2.00
580
4c
Jun
2.45
Jan
Mar
675
July
16% Mar
35
19
May
3 Vic
2,500
5%c Jan
Jun
7c
9c
4,500
5%c Mar
12c
Jan
2%c
2%C
5,500
2%c July
4%c
Jan
14%
14%
7c
'
:■
.r„^
___
.
—3
_
_
-1
85
13
Jun
15% Mar
1.10
1.17
11,500
95c
May
5c
1.17
1
_
5c
1,000
4c
Jun
10c
12c, ,Feb
--
1.20
Jan
Jan
Gold
—1
Loblaw
115
101
20
Groceterias
A—t,——
class
Lynx
Jan
Jan
Goldfields
Mines
Jan
2.90
Mines
Macfie
Red
Lake
River
_
16c
MacMillan
Export
Feb
5'c
class
5c
.
Mines
Gold
—
Fields
102
Jan
6.40
Mar
Consol
27%
Jun
29
Jan
lie
8,600
8c
Jun:
45c
Jan
15c
3,700
8c
Jun
16c
Jan
2.58
Apr
2.10
2.24
9,510
30C
34c
24,459
21c
May
74c
Jan
7c
6c
7c
26,800
:5c
Jun
13 %c
Jan
20c
500
15c
Jun
34c
Jan
1.00
1.10
14,400
77c
Jun
8%
9
555
lie
'<
Manitoba
&
Maralgo
1.90
1.20
7,500
720
10
Jun
18C
92%
92%..
7% Jan
Jan
1
10 %c
*
17Va
Apr,
16c
Jun
30c
Jan
Jun
95
Apr
2.42
4%C
3.10
91%
15
2.65
22.000
2V2C
2.50
»
—
2.40
Jan
Jan
;
2%c
5.000
2'/2c July *
4.%C
4V2C
1,000
3%c
2.02
:
Jan
2.69
;
Apr
4%c May
Jun
5%c Feb
Apr
Apr
3%c Mar
Massey-Harris
Preferred
common
IOV2C IOV2C
16%
20
—
56c
Jan
Mclntyre
Porcupine
1,300
--14c
Jun
19 %c
Feb
McKenzie
Red
Gold
74%c
1.000
17%
24.
23
8c
15%
1,265
23
305
.
Jun
15c
Jun
22%
July
27'/2
Feb
15y®
Jin
.
Apr
Jan
Jan
McColl-Frontenac
Jun
Jun
Jun
12,550
1
Jun
3c
61/4
3.00
16'/2C
1
Eastern
29c
1.55
6Va
2.75
100
Mines
35,600
-4%c
6%
2.85
1
-_.l
_
_
May
500
365
9
*
A
Malartic
18% July
15% Jan
99% May
23,850
28 %
20c
-1-1
Mines
preferred
13Jun
21,500
Jan
28
1.01
#
.
40c
.
31%
33c
*
_
Maasen Red Lake Gold
2,500
1.80—
5c
4c
.
5c
Gold
Marcus Gold
-
Jun
1
-
MacLeod-Cockshutt
Corp
July
1.60
1
_
Mailman
16% Mar
4.75
__
Magnet
2c
16c
1.74
27
2.15
1
110% May
2,500
,
400
Jan
17%
•
Jan
45c---
Jan
27%
14c
1
—
MacDonald
July !
8c
31c:
1.08
27
•
Yellowknife
106% May
3,000
2c
May
1
Jun
6.05
53c
Jan
55c
Feb
98%
Jun
9%c
2c
7c
6,510
9%C
,
10,500
63C
28%
•
7%c
61c
27%
•
B
Jan
lie
'
8,649
7c
61c
•
Long Lac
Jan
26
July
5.90
B„i__;
—
■
{
85
50%
Trust
*.
„
,34;
—
3.15
Jan
McLellan
12 %c
Feb
McMarmac
Red
Jun
9%c
Feb
McWatters
•
common
12
11%
5
61
.61
1
48c
42c
53.4C
8c
z—J.—1
IOVjc
10 %c
I0V2C
*
Lake
Jun
11c
11c
11c
I
1
Gold
-
Lake
-
50
42.
10
128
54c
45c:
20
25
17
54c-
-40c 47 %c
-
75
17
500
9,700-
Jan
53
Feb
j.
Mercury Mills
Mid-Continent "OR
22
Feb-
Midland
50 V® July
-
265
34
103
-85••July
125
-
: 34
128
x
1
Dage
20%-
5
51%
20%
16%
loo
j.
Mines.
see
8S
50%
*
*
_
85
10
__
;
Mines
footnotes
*
_
t
common
Coal
Guayana
For
14%
40c
• "
:
_l—
class
preferred
Lead
May
16
100
49c
■,//.
Jan
6.50
*
1
12 VB
63..
1,300
805
.
51c
10 %
-
50%
Jan
-65.
30c
15,520
.
Jun
Jun
51c
5%c July
::.4,ooo
-
12c
July
July
Apr
500
8c
May
21 %c
Jan
1,100
.
8c
Jun
12c
Jan
....
'
Guaranty
Gulf
18%
2c
1
Mackay
West
7c
Jun
7c
9%c
,♦ :
Mines
Lakes
May
20%
80
14
5.95
.1;
-
Manltou
Class
7%
116
96% July
4,615
16
100%
•
4
Preferred
Great
2.20
1
Gold
Goodyear Tire
Great
1.97
143/3
1
—
i
15
37c 44V2C
23%
*
-
Louvlcourt
'
Goldale Mines
Gordon
10
18%
100
Oil
Goldhawk
3,000
108 %
*
65c
53,500
23%
4c
Gold
Jan
July
10
1
Gold
Goldora
37
12
108% 108%
Lake
Golden
50
9c
16
•
;
23%
.
Jun
Jan
11% Mar
100%
,
14%
89c
Jan
10
Gillies
f
2.10
1
Lake
4.50
10
100
;
■*
1
_
Mines r—
Gold
Lexindin
Jan
Jun
102 % 102%
Giant Yellowknife Gold Mines
God's
4c
8%
100
■
1,000
.
Class B
•
General Steel Wares common-
Globe
22
96%
*
common
preferred
Glenora
22
8%c
96%
100
General Products Mfg class A
;
.
»
'
Jun
2.85 May
2%c
12,575
*
Macho
/
•
.
!
Power
4c
—
*■
A
preferred
Preferred
:•
l
___
preferred
5%%
3.85
1
common
class
Gold
Cos
Gatineau
3.40
v
5c
39c
♦
Record
Macassa
Klrkland
Products
Fittings
3.85
—100
Apr
Jan
Jan
35c
common
19
3,300
11,500
72c
Cadillac
Class
Grain
Jan
1.67
'
Jan
•
Preferred
145
''
34% c
—
*
Federal
4c
42c
•
*
Gold
Leitch
Jan
36c
I
Falconbridge Nickel
Fanny Farmer Candy Shops-
3.90
14%
1
-
.
common...
Mines
Laura
Jan
68c
"
1
10c
95c
>'
*'
Jun
Feb
5c
1
Gold
Mill
Lapaska Mines
Apr
Little
El
19%
81c
1
Woods
Lang & Sons
Lencourt
Elder Mines
Jan
Jan
38c
5%c.
1.88
2.14
*
—
Jun
1.19
16% July
Feb
5c
the
Larder
Eastern
19
3.75
.
"
5c
Feb
29,000
2.18
2.35
——
_
Jan
7c
20c 21 %c
1
3c
41c
-
2,000-
22,250
38c
Gold
65 %c
May
6%c
•
.—
Mines—
Jan
Jan
*
;*;• '
1
13%
1
8%c
1
„
Jan
23c
*
May
May
11%
Lamaque
East
'
1.43-
3%c
I
Lingman
1
Ltd
Mines
Jan
14c
Jan
24%
•
Mines
.54c
10c
16,000
75c
1.33
19 %
.
—
Lake
Donalda
Jun
Jun
14%
6,700
5%C
65c
L38
42,200
16%
4V2C
65c
v
♦
Ltd
Laguerre Gold
July
20%
11%
,
10c 12 %C "~
16
4'/ac;
1"
1
(John)
24%
1
Woollens
10C J
16 V®
1
*
—_
Labrador Mining 61 Exploration^
20%
24%
-23%
pfd
Gate
Lake
Lake
Dominion Stores
26c
4%c
Jan
m
•
Dominion
•
15%cMar*
5%c .5%c
r
_1
_
Kirkland-Hudson
viS 20% Mar
■
24
9%
_„_1
Steel
&
v'f. ,t
:— —25
j-I
26
17%
26
Coal-preferred
5%C;
'
36c
Apr
■
Klrkland Golden
Dominion Bank
July
Mar
26c
2
Ltd
Feb
Jan
Consolidated
17
1
-
Seagrams
Mines
Dcme
19c
May
1.65 May
Kayrand Mining
Discovery
9c
Mines
Joburke
Lake
Red
Detta
Mining
Feb
Jellicoe
Delnite Mines
Jan
101%
- •
Jun
Jan
Jan
Jun
24%
29%
13% Mar
1
30c
Jun
340 /
175
,v
Coke
18% c
>
'
com -
&
International
'.
.
45% Mar
7c
Jun
3%c
29
Jan
5%c
Feb
27c
44%
13%
Feb
"8,500
-
Jan
32c
3c
17%
2%
Jun
9%C
12%
ll%c
Jun
Jun
43%
13%
123
Jun
8£
•
»
14c
6,179
32c
64c
Jun
-16c
6%c
4c
53,400
*
152%
•-
Jan
10 %c May
13c
Jan
8.75 May
3,000!
%c;
Oil
Jan
«...10c
75
200
5Qc
9c
Consol
Gold
Hugh
Jan
76c
Jan
83c
Bank
July
-
Jan
Jun
Imperial
65c
500
11c
48
'48
1
18,600
*
10% July
Imperial Tobacco of Canada ordinary_5
4% preferred
25
12c
20C 'X .3. 5,000
lie i
Miningrr'--il——i
Crestaurum
1.05
85c
Exploration: i.
12
35c
Feb
Apr
2
142
151 151 %
lftOt!
24 %c
Jun
16,520
Jan
148% Mar
280
*
class B_t
Consumers Gas
Mar
9%
8c
7c
Sarcee
International
Consolidated
15c
48c
38c
Jun
81
4,500
10%
40c:
-1
International
Consolidated Mining & Smelting---—5
Jan
.
10% May
6c
10%
.
42c
.
450
'
9%
.—1
Howey Gold
Jun
5%c
.
Jun
1.15 July
40c -Jun
5,500
■;
Jan
3c,
<• Mar
8
Apr
9%c May
580
54c
9%
^
Apr
350
100
19 %c
Imperial
1
"
Consolidated Astoria
Consolidated
l'/aC
-
300
;
...9
6c
!
A
Gold
Hclbnger
Jan
May
1.35 July
1,200
1.00
5
Mines
Coniaurum
9
July
July
4c
Gold
Highwood
13% May
Jan
17c
9
6c
-—1
Highridge Mining
Jun
2,000
Jair
9%
.
__
Hudson
Coniagas
Jan
1.17
w
20c
*
_
Highland-Bell
1.75 Mar
May
11
12
1
_
Mines
Carpets
class
Homer
12%
Jon
25c
17%C Mar
Feb
18%c
July
2cf
4.00 :4.00
*
_
Gold
Hasaga
Jan
10c
Jun
Gold
Harricana
Hartz
2.0Or, Jan
13
200
Jun
Jan
98c
May
2%c
9,000
Jun
6c
14---
275...-
•
_
Bridge
Rock
Harker
Apr
13 %c
May
1.25
2.75
13%
High
16c
j
15,500 i-ui'
_
3-
2c
Mines
Hamilton
Jan
22c
May
10c*
1
—
—
Jun
2.18
200
3c
2.60
13%
—
*
Plow
Yellowknife
Colomac
2%c
3c
———1
Wlllaos
1.25
1.25-
—*
Malartic
Lake
.
.
Jan
1.45
May
4c
12.500
2.35
Dunlop
1.65
3%c July
50c
*
Alabastine_____
&
Range Since January 1
2,500
—
&&
.
V:
~.
Low
18c
6 %c
Gold
Hallnor
Jan
Apr
Harding
20c
50o
—
17%
,1.74
*
May
5,000
12,710
1
1
—1
—»
3,293'
-
2.42
Coin
Jun
12%
1
Cockshutt
Jun
1.40
Lime
3c
I
.
High
17c
1
__
_
-
Shares
-
J?eo
1.45
1
Citralam
lo%
12%:
Chesterville Mines
Cochenour
Jan
1.46
V
Ches kirk Mines
Cochrane
Jan
lz%
loO
79c
12%.
II
Mines-.—
Porcupine
Centremaque Gold
Chemical Research
Gypsum
Jun
#
Gold
Central
200
.
_
Low
1
_
Lake
Halliwell
Oil
Central
9
9
Gwiilim
55c
2,730.
GunnaT Gold
Sales
for Week
Range
of Prices
Par
High
11% Jan
Jun
9
1
25
Canadian Pacific Railway--.—v.
Castle-Tretbewey
Chromium
8%
~
Jan
65c
...
—
Canadian Oil Cos common
Leduc
Jun
Low
1,160
9
Week's
Last
Sale Price
Range Since January 1
High
13
Canadian Malarnc
Central
Shares
a3/r
8%
—
STOCKS—
tor Week
Low
Par
Canadian Indfls
Friday
Sales
Week's
of Prices
Last
STOCKS—
;
9%
34
■
16
126
May
.
-
&
Pacific
6%
I
Grain
J.-
•
'
4c-
670
6%
6%;
:
,#■
*
4V2c-
16
-
Jun
16
Jan
Milton
Brick
1.90
95c
1.05
July
40
Apr
Mining Corp
9.50
Jan
Model
Jun
129
Apr
Moneta. Porcupine
Oils
30c
42c
45c
May
80c
Jan
Montreal Locomotive
21
Jun
19%
65c
Jan
Moore
66
65 V2
-1,500
1,675
—
30c
35c
-
common..
•J
July
7%
/17-% Feb
1.00 May
8.35 Mav
29c
5,500
Jun
Jan
7%c Mar
1.55
•
12
.
48c
Jan
-Jan
Jan
37c
Jun
60c
Jan
21
670
18%
Jun
23%
Jan
66
420
64%
Jun
73%
Jan
46c
-
16
500
*
'
Corp
6 Vs. Jun
3%c" Jun
30
9.7Q
May
18
9.50;
-
"6,000*
16
-
THE
Number 4819
Volume 170
COMMERCIAL
&
CANADIAN
RANGE
Friday
FINANCIAL
LISTED
FOR WEEK ENDED
CHRONICLE
(Ml)
MARKETS
JULY
8
Sales
Week's
Friday
'
STOCKS—
Last
Range
,V'\
Long Lac
Mylamaque Mines
National
Drug
^ £ .Preferred
National
High
Low
1,000
8c
7c
7,000
5%c
8
8
100
5
10%
10%
—1
_
common
class
13c
7c
,5
;
——
Hosiery
STOCKS—
12'/2
-
*
A
;
12 y2
16 Vi
*
.
"V
7c
16 Vi
;25
:
13c
July
Jun
12c
Jan
Feb
8
July
10
,60
Mar
6
'
Mar
12 %
25
Sheep
Creek Gold
Sherritt
Slck's
National
Negus Mines
New
*
18%
2.23
Car
6,000
18 Vi
18%
2.37
5,700
8c
2 7c
:
270
2.20
■■
_
35c
7%c
_
Alger
33c "
35c
•
Steel
_25c
Low
5,979
Feb
Jan
Sigma Mines (Quebec)
17
Apr
Silanco
47c
Jan
Silver
23%
Jan
8ilverwood
2.63
Apr
Silverw'd
15c
Jun
1.95 May
6%c
Bidlamaque
1
New
Calumet
Mines
1
1.10
3,100
1.01
Jun
1.59
1.90
146,604
1.25
Jun
17
17
17
590
15% Mar
18% May
16 Vi
17
295
15%
Feb
18
8.00
8.00
7.00
May
•
1
_
Mining
Jun
Miller
__
.1
Mines
class
A
Dairies
New
Goldvue
:
5c
1,000
3V4C
Jun
9c
Jan
Class
44,600
84c
Jun
2.35
Jan
25c
11,500
22c
Jun
31c
.
Jason
New
1
Marlon
Newnorth
Gold
16,999
May
75c
Feb
Slarien
8c
3Vic
10,000
5c
Jun
23c
Jan
New
!
Norzone
Pacalta
New Rouyn
1
1
Merger
5c
•
12 'Ac
1
Oils
3c
May
6c
7c
*
•
New
Thurbois
Nib
;
Noranda
£
47c
•
247/a
24%
24%
Norpick
Gold
Northern
"North
Jan
99%
Jan
Jun
44c
Jan
Feb
4lc
Mar
18%c
May
19% May
7,000
11c
Jun
23c
Jan
1,051
42c
Jun
54c
Jan
6
400
5c
Jun
7c
Feb
*
lij
9%
9%
220
7
Jan
•
7c
2,400
'6c
Jun
,11c
Jan
Standard
Paving
10,300
9c
Jun
Preferred
common
26c
Jan
8c
Jan
Starratt
Olsen
1.03
Apr
Stedman
Bros
54
55 V2
48%
Jun
58%
8c
Jun
20c
Jan
Steep Rock Iron Mines
Jun
3.75
Jan
Sturgeon River Gold
3,370
9 Vic
11c
8,000
2.00
2.39
33,035
Jan
Steel
of
Co
19%
19%
75c
15.
Canada
common^
81
1
Vi
81
81'/a
1.33
1.40
18'Ac
20c
1.40
1
—
—
6%c
29,000
13 %c
Jan
Sudbury
Contact
1
7c
3,600
3 Vic May
12c
Jan
Sullivan
Cons
1
1.50
1.40
45c
60c
Feb
Sylvanite Gold Mines
1
1.60
1.55
10c
500
10c
July
15c
26c
7,500
22c
Jun
40c
5c
5c
I,000
3%
9%
7%
10
4,650
6
5%
5%
45
5'%
Jun
1.65
1.60
1.75
>20,410
1.42
Jun
18c
21c
3,500
17%c
Jun
85
1.26
22
.
Jun
Feb
Apr
July
Apr
1.70
Jan
16c
Mar
20c
Mar
5c
May
11 %c
Feb
May
24c
Mar
78
90
I,300
1.70
10c
15
8,000
1.50
1,500
80c
Feb
"*
7c
6c
50c
Jun
13'A
105
Jun
50c
7,600
14%
J
10% May
18 '/a
185
67c
14%
•
Gold
19%
*
—
5c
5c
4%c
1.70
__
43c
5'/2c '
24tic
5
1
*
4c
Jun.'
Jun
Feb
71/2
Mines
1.41
1.27-
1.48
27,500
6
20c
14c
21c
68,600
1
3 Vic
3 Vic
4c
4,129
3c
*
3%c
3 Vic
3%c
3,000
3c
121 % 121%
35
Tech-Hughes
Thompson-Lundmark Gold Mines
5% July
1.95
53c
121% July
1.11
12c
51
50
Feb
Apr
Gold
__
Mines
1
13c
11
4,o00
1.27
Jun
1.90
Jan
5,210
1.27
Jan
1.72
Apr
10"
51
3.05 *
3.20
*
'1,000
.
3.30
Feb
2.60
Jun
Feb
50
2.54
14,390,
52'
Jan
8'/aC
Jan
M3,4i0
Vic.*' 13c
Feb
3.30
22c
Apr
May
'■;V
9% Mar
May
•
Malartic
26%
Jun
47c
,
May
*
Oils
O'Leary
Jan
Jun
Feb
47c
Mines
;
*
Chemical common;-—,—_*
Tamblyn Ltd preferred
Ogama-Rockland
30
5%
Standard
May
1
Mines
Jun
6
Stadacona
Jan
Torbrit Silver Mines
;
Elevators
Toronto
CJKalta
ll%cl3%c
13%c
Jan
4e
1
Gold
100
14c
:■
.
47c
Gold
Preferred
Jan
17
10,200
18c
,
'
North Star Oil common
O'Brien
39c
19%
Jun
70,800
Mines
Inca
Northland
36c
1914
39c
*
*
'
'
;
9%
95
24c
9,910
May
265,500
1,1
Mines—.
Extension
•iitt.
25c
7c
73c
1
Canada
Northern
21c
*
Mines—
Mines
Norseman
24c
10c 10 %c
.
Apr
July
93
65
Brazeau
6 Vic
2.33
Apr
24%
215
94%
1
4c
.
22
94
3c
I
55%
22
68,651*'
6 Vic
•
86
65c
48'/a c Mar
21%
22
94%
♦
54c
1
.
8%
10
Co
5c
Mining
400
5
Malartic
70c
•
Malartic
Normetal
9'
86
1
•
Mines
Norbenite
8.25 May
,
Jun
86
—
1
Mines
8%
.
90,000
12c 13 %c
10'Ac
1
T
Yellowknife/1
Nicholson
Jan
May
Jan
6Vic
4c
Jan
2.59
Jun
•
Southam
5,000
South
'New
31c
32c
100
Gold
60c
6c '
7c
3%c
1.60
Mar
3'Ac
57c
58c
l
1
Gold
35c
v 86
B
Slscoe
New
34c
—100
Preferred
22c
.1
6c
1.25
t.
35c
•
pfd
260
5,800
11,000
3<c4b%c
_1
Dairies
West
98c
1.20
High
1.06
1.83
Voting trust certificates
Simpson's Ltd class A
New
Low
1.10
Feb
1
' Jun
16%
Range Since Jannary 1
High
•
common
14
Jan
Shares
_1
*
j
Breweries
for Week
50c
Gordon
11%
*
Apr
15%
,•
Par
;
National Petroleum
Range
,
Sale Price
High
Sales
Week's
of Prices
Last
Range Since January 1
13c
1
;
common
National Grocers
Shares
Low
Per
Mosher
for Week
of Prices
Sale Price
1
i;
Toronto Iron Works class A
Jan
Towagmac
495
35
8c
8c
500
7c
Jun
10c
Feb
39c
10%
40c
10,100
29c
May
'"47c
May
1
Petroleums
1.35 May
8,165
9%
10%
__
•
Explor
Jun
69c
91c
9%
10%
85c
*
Jan
1
9%
,
Jun
11
Jan
10% May
12
Jan
Apr
Tower
Omnitrans
Exploration
Ontario
Loan
orange
Cru.sn
Orenada
.1■
50
;
•
4%
4%
205
1
Gold
9c
9c
4,000
July
Jun
6c
Jan
Traders Finance class A
*
18
200
17
Jun
20
Transcontinental
Gold
'Omega
21c
*
68c
62c69%c
29,000
55c
Feb
90c
Apr
Jun
6%c
Jan
Transvision-Television
*
35c
30c
45c
13,396
25c
Jun
65c
May
123%
Jan
11
,10%
11
July
3%
Jun
6c
Jun
6% Mar
20c
Feb
Union
Gas
Union
Resources
Mining
__
17%
__
•
;
1
11
3,100
28
28
110
18%
19
255-
48%
1.30
49
50
1.75
II,550
9%c9%c
8%
2,225
10c 10%c
1,000
__
United
Orlac
Lake
Red
Osisko
Lake
Osulake
6Vic
6 Vic
6%C
500
5c
May
1
57c
56 %c
62c
42,600
4bc
May
,_1
12 Vic
9 Vic 12 Vic
78,900
7c
Jun
36,030
2.02
1
Mines
Mines
-n.:,
v.,.
Pacific
Petroleum
Hershey
Page
Paniour
1
Ltd
Mines
1
Feb
United Fuel class A preferred
United' Keno Hill—
United
Jan
Oils
44
550
1.26
6,513
96c
May
1.40
Apr
United
4 Vic
2,500
4c
Apr
8c
Jan
Upper
3c
3c
2,000
3c
July
8c
Jan
Ventures Ltd
50
49
•
1.67-
—»
—
43
\
—
Pan
Western
Parbec
*
Oil
Maiartic
1
Consbl
Paymaster
—___
■'
12c
'■
10 %c 13 %C
3%c
1
19,000
Jun
1,000
3c
4,500
30c
24 %c
Apr
35c
Steel
.
„
_*
Perron
Gold
1
Mines
Gold
Jun
1
—
5%c
9%c
64 %c
7c
65c
61,800
5c
5c
42Vic
Jun
1,100
55c
Apr
VillbemA Gold
Jan
Virginia
Jan
Vulcan
Jun
12c
47
Jun
52
1.22
Jun
Feb
2.94
Jan
17c
Jan
1.32
1.45
4.65
4.80
5%
9,245
4.80
815
€
5%>-
Jan
Dare
;
-Jun
/18
115
17
22c
22c
500
21c
7.75
8.80
16,700
27%
26%
27%
3,367
23%. Jun
8%c
10c
A
Jan
21
6.50 May
19
:
Jan
5c* Jan
„
* Jun
19
„1
—
1
Jan
v-
2c
11,000
■■
Jun
8.70
.25
preferred
Oils
Amulet
2 VoC
2%c
-1
—
7%
1.82
6.40
Jun
1.10 May
14.00
Jun
Mar
26c
Jan
15'A
Feb
Jan
89c
,
Walker
(Hiram)
(G & W)-—
Consol
——
Wekusko
Piccadilly Porcupine
-
Jan
Jan
Jan
24 %
9%c July
1,410
1.33
•
Mines
j.
6
1
—
Canada
Waite
Pen-Rey
14c
30%
Jun,
wf
3%c
32Vic.
••
45 % May
Jan
9c
.,
18%
•
.
.
Jun
18c •Jan
3.05
j
„
*
—
4 Vic
36 %
*
B
1.18
1
Mines
Paramaque
2.57
Class
44
•
Cadillac
2.45
1.06
May
4Vic
*
Tubes
Porcupine
Pandora
2.49
9c
Corp class A
Jan
8V2C May
27% Jun
t
■
Mar
1
12c
9c
13c
169,900
Pickle
1
2.07
2.00
2.10
6,445
1.71
Jun
2.34
Jan
3.25
3.40
1,010
3.00 Mar
3.65
-_1
*
/
7c
2,300
28% .Jan
Jun
13 %c
Jan
23
23
30
22 *
Apr
25
32
32
32
20
29%
Jun
35-
Feb
22%
22
22%
so
21
25
Apr
—100
92
92
92
55
90%
1
12c
8c
13c
105,600
7c
May
X
'
6c
6c
4,000
5c
May
32%
34%
Jan
Crow
Mines
Gold
Pioneer Gold
1
7c
15 %c Mar
Apr
Western Grocers common
■■Class-' A
Weston
Porcupine Peninsular
Porcupine Reef Gold
•
4Vic
River
38
4%c
500
34c
1
1
Powell
34c
1,000
36
38
250
3c
May
8c
Jan
30c
Jun
44c
Jan
33%
Jun
(George)
common—A-—-—^
Preferred
Powell
Gold
Rouyn
Common
1
70c
80c
3,000
67c
71c
3,165
—
*
14%
14Vi
15
300
Dome
1
1.55
1.45
1.58
7,100
l.°0 May
15
15
124
13% Mar
voting trust
Corp
Preston East
Proprietary
ctfs
1
Mines
*
65c
Jun
1.02
Jan
57c
Jun
90c
Jan
12%
Jun
16%
Jan
1.73 Apr
,
c
15
July
—
Electric
Winnipeg
Airways
*
Purity
Flour
Mills
preferred
83c
81c
83c
1,000
1
Purdy Mica Mines
6c
6c
6c
1,000
43%
43%
80
27%c 27%C
500
40
Mar
100%
Jan
37c
Jun
Yellowknife
46 Vic Mar
5'Ac
43
83c
July
11 % c
Jun
Jan
27
Feb
98'A
15
97
May
2.20
2.35
9,955
1
33c
33c
70c
34%
*
—
Bear
Yorjc
Knitting
Mines
Yankee Girl
1
ll%c Jan
37% Apr
Feb
100
t
2.00 May
2.52
5,900
18c
70c
76c
14,560
61c
Jun
*
5c
5c
1,000
4c
Jun
J 6c
Feb
*
2%
2%
40
1%
Jun
3
Mar
36c
>
,
Jan
Apr
48c
,
May
' 84 % May
May
53%
B
Jan
Jan
class
Feb
50c
67c
May
3,061
98%
2.33
•
100
Mines
Yellorex
—
1
common—
Preferred
Wright-Hargreaves
Ymir
Prospectors
'.►v':*
42Jan
Wiltsey-Coghlan
Wlngait Gold
Power
.>*
May
U*f3&::.£}'$K::i
Gold
Quebec
1
Labrador
27%c
25c
:
Jun
1
26c
24 %c
30c
8,500
17c
Jun
Quebec Manitou
1
55c
48c
55c
II,200
46c
Jun
Queenston Gold
1
47C
58C
2,500
40c
May
Quebec
;
Mining
Quemont
*
14 Vi
13 >A
14%
9,116
11
Quesabe Mines Ltd
1
1.08
1.00
1.08
4,300
70c
Quinte Milk class A
♦
8%
8%
45
1
1.88
2.25
1,300
1.45 Jun
4c
5c
3,500
MacDonald
Regcourt
2.20
1
Robertson
Mfg
Robinson
(Little)
*
1
common
*
Gold
9%
11%C
100
•'
9%
1
common
Roche Long Lac
Rochette
40
40
12c
1
8c
39
25
9
9c
6c
6,000
Friday
Jan
42
Apr
12
Mar
Sale Price
Jun
Jan
Royal Bank
Co
•
__
10
25%
Royalite Oil
•
6.60
Roybar Chibougamau
1
22c
—_—_—
25c
27c
25
25%
!13c
Jun
6.45
890
25c
May
24% Jun
6.65
4,965
5.85 Feb
19c 22 %c
47,200
5,100
'
■
Rupununi Mines
Russelllndustrtes
—
Apr
Co
Brown
100
50c
26
Mar
Apr
and Dominion Sugar
Canada
Canadian
Fairbanks Morse com
St Lawrence Corp
2nd
St
1st' pfd—i
Paper
preferred
Canadian
Vickers
6c
5c
6c
16,200
3c
Jun
10c
Jan
Canadian
16%
16
16%
800
14%
Jun
18%
Jan
Coast
18%
18%
18%
110
17%
Jun
22
Jan
71 Vi
__
10%
71%
.38
„—1
_
10%
j
*
35
71% ■■.t:--
39%
9%
Jun
Western
7,931
14
Jan
Dalhousie Oil
71% July
86
Jan
Dominion
43
San
Antonio
River
Sannorm
Gold
Gold
Mines
Senator Rouyn
1
<
Bridge
—
4.35
3.50
16,122
Jun
4.50
Feb
Preferred
3'Ac
3%c
1,500
3 Vic
July
6c
Apr
12c
12c
13c
50,000
7c
Mar
17c
2
Shawinigan
Water & Power com
36c
40c
19,066
30c
Jun
49c
Jan
Minnesota & Ontario Paper
*
24
23%
24
47
47
12%
12%
12%
50
Preferred
Winnipeg Brewing class A
Pnr
footnotes
see
page
42.
2%
>
—
20
—
y
♦
405
Jun
25
Apr
Wire Weaving
Ogilvie Flour common
55
v.
20
22%
-
46
May
48
Jan
Pend
Oreille
12% May
Price
Bros
11% Mar
Low
20
4'/a
High >,
7%
Jun
Jun
75
Jun
114
Jan
146
5
145
Jun
156
Jan
2%
2%
71 74 A
20 20%
30
30
1,900
2
May
4
25
>
103
Feb
22%
Jan
30
30
July
327/b
Apr
30
1.15
2.00
July
1-1«>
—
bb
3 A
.***
93c
930
15%
1,560
29o
37
3,600
26c
205
31%
1,730
43%
Jun
98
Jun
13%
Jun
14%
28c
—
28c
36/2
*
50'A
48%
51
*
—
l?1
101
„
—
13%
*
L-*
22%
1
*
4-®5
50%
—
110
100
500
50
15/8
100
13%
14
20
20
22/a 22 A
1,420
15,/a
4.20
50
5.00
50%
Feb
70% Jun
19
63
3%
66
Jan
305
525
1-15
--
Jan
Jan
21
200
15
—•
Range Since January 1
Shares
26
—*
*
*
International Utilities
Niagara
Shea's
5%
22 A
78
May
—1
.1
_
Ltd
4.20
—1
—
—
4.25
5%
22 A
78
146
Sales
for Week
High
Apr
Jun
International Paper common
Ran
•
•
5
Lumber—
Copper
37
60
*
*
1
common
Consolidated Paper
1
99
preferred
Lawrence
2nd
26 %c May
—49
1st pfd
of Prices
7.10 May
Feb
h...*
*
—
—
i
common
—1
—
xommon
—
100
Canadian Marconi
9c
Week's '•
Range
18 %c May
Preferred
Oils
Roxana
5%
-—*
Asbestos
Corp
—*
British Columbia Pulp & Paper com__*
Andian National
Preferred
Funds
Low
Par
Jan
8c.
May
Last
STOCKS—
% Mar
3.75
Exchange-Curb Section
Canadian
Jan
1.18 May
9% July
15,100
9c
8c
3c
ADr
Jan
17
" May
Toronto Stock
Jan
62c
8% July
Reeves
1.04
85
May
4
Apr
93c
13%
12%
July
1.25
Feb
Jun
18%
Apr
Jun
45c
Jan
Jan
37%
Apr
58
Jan
Jun
25
20
50
20'/a Mar
7,950
1,100
Jan
Jun
3 % May
60
July
3.35 May
45%
Jun
103%
Feb
15% May
22%
•,
►
Jan
23
Jan
26%
Jan
6.70
55
Jan
Mar
4}
42
THE
(142)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, July 11, 1949
.
i'
.
OVER-THE-COUNTER SECURITIES
Quotation for Friday, July 8
■JV<-
Investing Companies
Mutual Funds—
Par
Bid
Aeronautical Securities
,—1
4.40
4.83
Affiliated Fund
1(4
3.45
3.78
•
Ask
Obligations Of Governmeni Agencies
Mutual Fund#-—
Par
Bid
.
Amerex
Inc
Shares
Federal
2.83
3.11
3.43
3.33
3.53
3.86
shares__lc
2.96
8%
Home Furnishings shares—lc
3.16
3.49
6.88
14.20
Non-Ferrous Metals
Paper shares
lc
lc
2.84
3.11
lc
lc
3.85
Manhattan Bond Fund Inc_10c
6.73
6.36
13.06
1
1
4%
5%
2%
l7/a
Industries
•
88.79
1
18.81
Bowling Green Fund Inc——10c
Broad Street Invest Corp
6
7.47
7.48
14.20
15.35
Mass
Bullock Fund Ltd
1
15.40
16.87
Mutual Invest Fund Inc
1
30.36
12.58
13.61
3.67
Century Shares Trust
Fund
Chemical
Securities
Christiana
Preferred
i
Commonwealth
.«
5.19
1.34
First
Boston
Automobile
13.59
New
5.11
-
5.44 ':
1
1
8.53
Automobile
1
5.26
Aviation
1
7.87
Chemical
1
9.48
1
1
10.60
11.25
5.98
6.56
5.02
5.51
5.37
Diversified Investment Fund-l
Diversified preferred stock—1
6.31
6.92
Electrical equipment
5.53
6.07
Insurance
7.91 >
8.67
4.03
4.43
r .6.55
6.83
7.18
Machinery
Merchandising
Metals
7.49
Oils
.
Fully Administered shares—lc
lc
'
6.08
6.67
8.73
Industrial Machinery shares lc
Institutional bond shares
lc
9.17
■
7.42
Railroad
4.84;
5.32
Railroad
—lc
lc
7.65-.
4.88
7.73
5.36
6.93
lc
2.21
lc
lc
lc
3.52
*
steel
lc
3.98
-
shares
■
>
-lc
:
—
»
7.45
„
4.44
-
...1.70
_l0c,.Z\ 1.57
5* 18.60
14.35
6.29
lc
93c
lc
10.98
1
Boston—1
Investors Management Fund
'•••■*
6.89
*)'■
Bonds) —1
Priced
Bds)
5
15
Bonds)—i_l
Bonds)
1
Amer
Shares
46.86
-
Invest
Street
Inc
Co
Investment
18%
5.27
10c
81c
Corp.*
X45.75
AS 4 91/2
•*
5.77
Series B
8.42
1
25c
60c
1
—
9.18
67c
16.92
1
18.01
:
1.20%
1.50%
4-
1-49
11-
1-49
bl.40
'
1.25%
1.55%
3-
1-49
12-
1-49
bl.40
17.32
18.02
Stks)_l
24.94
July 14, 1949
July 21,
12.79
13.96
S-3
(Appreciation
(Low Priced
Knickerbocker
com
com
Stks)_l
9.66
Fund
Stks)—1
Fund
3.84
—1
July
Sayles Mutual Fund—•
Loomis Sayles Second Fund—10
Aug.
44.01
Trustee
Aug.
New
Bank
Casualty
Aetna
&
Surety
Life
&
Independence Trust Shares
North
the
-
of
New
National
Chemical
American Alliance
10
6.35
7.35
2.35
Series 1956
II
Bank
Automobile
American
4
Casualty
5
43
45%:
11%
*
12%
Equitable
5
20
American
Fidelity & Casualty_5
12
American
of
2%
16%
* 17% '
.
Assur
22
'
...
„
„
Newark
.
Prior
$1.05
Convertible
preferred
Merchants Si Mfrs
National
Casualty
30%
National Fire
53
55%
National Union Fire
10
39
42
New
u„
&
Shippers
Boston
25
,
10
—
85
.
60
■; 62%
Fire
Conecticut
&
5
General
Continental
Crum
"•
19%
„
Life
Casualty
Forster
:
lo
.
Employees Group Assoc
Employers Reinsurance
New York
North
31%.
-
.
Fire
31%
Peerless
Casualty
58
61
Phoenix
59
Trust
Fund
of
.10
Frisco
10
5
,
56%.
,
_
.
Globe & Republic—
Globe & Rutgers Fire com
2nd preferred
Great
American
lo
5
5
15
15
5
Reinsurance Corp
Republic
^,re
Fire
I
10
10
.—10
<N Y)
_
48%
50%
9%
10%
St Paul Fire & Marine
Surety
Security (New Haven)
Springfield Fire Si Marine
33
Standard
34%
Travelers
30
9%
.
90
12%-
26%
100
13%
.
15
10;.
(J
&
York
100
&
Trust
84(4
37V4
14%
Bank
of Pa 3s
Power
90
Seaboard
Accident
30%
32%
lis
122
,
35%
U
S
Guarantee
Westchester Fire
Lt
274s
102%
Cen
104%
103
1979
3%S—1978
33%
12%
61 %
64%
20
48%
52%
A—12%
39%
41%
Bank
Natl
Bank
New
15
.101%
102.
'
*
43/8
104%
1978
England Power 3s_
(Wise)
102
102%
103%
3s
Power
1978
103%
1983
102%
3s—1979
101%
Westchester
Pacific Gas & Elec
3s„_
Y
80%
Public
Serv
of
Indiana
84%
__lo
46
49
lo
32
34
10
42%
31%
103%
•
1949»—100
103
105
54
•
54%
Elcc
pfd
Gas—
&
(series
Gas
5%
103%
>
100
108%
110
25
pfd
27%
28
-
Elec—
&
red
1st
pfd
Pow
Pub
Ser
4.60%
& Lt
4.70%
(Colorado)
pfd_100
104
104%
4.40%—100
Seiv of Okla 4.65%
pfd.JOO
San
102%
Scott
100%
100%
102%
Texas
107
108
102
103
104
106
•
100
Staten Island Edison—
101%
105
-
/
$4.75 preferred series G
102%
105%'
105
pfd—100
•
Diego
Gas
Elec—
&
20%".
20
20
*
103
103%
100
104%
105%
Eastern Transmission—*
13%
14%
4%%
preferred
Taper
$4
pfd
„
44%
10
State
Potomac Edison
,
•
30%
12%
pfd
Rochester Gas & Elec—
Ohio
•-
100
$2.20
Ask
50
104%
3s 1979
Tenn Gas Transmission 3s—1963
28%
Pow
&
Bid
49
104%
33%
"6
10
preferred
4 % %
Pacific
104%
103%
lt>4 /
82%
3%
$2.50 pfd_50
Hudson Gas & Elec—
Lt
Penna
56
79%
& Pwr
102%
102
Pub
13%
Par
Ariz Lt
4.75%
1978 / 103%
1967
3s„
Elec
North States Pow
53
333/4
100
Fidelity & Guaranty Co__2
U S Fire
&
Narragansett
4.90%
a
32a/4
;Z;
31%
/Stocks—
Ask
103%
1979
Michigan Cons Gas 37/8s
7%
5
5%
States
cf Amer N T & S
New
95
31%
20
Security Issues
1974
2%s
Louisiana Pow & Lt
107
-
290
"
610
N
16%
2
v
Trust
Okla Gas & El 5%%
26%
lo
100
National
6%
5%
Bid
Kentucky & W Va Pow 3s_1979
44
24%6%
lo
;
67%
580
,
^
Kansas Pow
33
41%
33
-
Francisco
Conn
34
31
2
lo
31
39 V4
64 %
12
100
32
Detroit—10
of
National
San
25 ZZ81%
,
Bank
&
United
40%
25
26
30
230
224
38%
Trust-17%
24
16
Portland
49%
Inc
&
Bank
20
290
First
47%
National
Bank
270
'
20
Trust
Nat'l
Z
,.
Co
;
184
.
16
1,335
44
12%
Z;
y
City Bank
Peoples First
Bank
42 >;
City Bank
515""
Mellon Natl Bank & Trust
•
25
Co
315
495
Farmers Deposit Natl Bank—100
.
30
'
100 1,295
Trust
P)
28
273
'
27
Irving Trust
177
295
100
Pittsburgh
„
1,213
,
264 ^
Industrial Bank of Commerce.10.
100
100
Savings
Co
34%
10,
100 1,153
&
National
National
,
.-
..
10
Trust
180
'78%
Detroit
53%
32%
87
76
10%
-
51%-
16
Bank
Ask
170
Trust—33%
&
Trust
Cleveland
Central
45..,
National
50'
Bank
Bid
100
Bank
Trust
Central
25
80
33%
41
...
Bank
National
Harris
Northern
35%
.
/
,
Guaranty Trust
Duke
52%
32
16%
26
US
Hartford 8 team boiler
(Texas)
24
_
Hartford
Providence-Washington
59%
15%
„
Falls
23
50%
5
10
_____
82
..
79
_
General Reinsurance Corp
Glens
First
89%
.
& Trust
Illinois
National
113
'
-
86%
Bank &Trust_20
Co
National
8
_5
Co
Preferred Accident
61
of Phila
27
7
25
Fire
57
Fire As an
.
40%
-33%
•
Bell Telephone
—
Pacific
55
Firemen's of Newark
25
12 5n
10
Fireman's
5
5
Pacific Indemnity Co
29%
1.88%
City Natl Bank
328
Recent
27%
Northern
_
Oct. 6, 1949—bl.00
Par
: 23%
39
Stamped
Bonds—
221/4
25%
5
53
1.88 %
Ask
43
Trust—
&
48%
20%
2.50
33%
1.88%
1.88%
bl.00
103
5
River
10
1
49%
Northeastern
Fidelity & Deposit bf Md—_10
r
46%
91
50%
•
108
10
14%
lo
21%
-
87
10
Inc
„
-10
13Va
lo
—
Amsterdam Casualty
New Hampshire Fire_
'
Camden
441/2
1
89
•
bl.00
—_bl.00
Ask
20
(Detroit)—10
28 %
25
Bankers
•
13%
lo
^
0.85%
30%
99
—4
Massachusetts Bonding
Merchant Fire Assurance
Re-Insurance
„
Bid
28%
preferred—5
Surety
.
Bank
Manufacturers
10
common
American
_____
0.85%
bl.00
Continental
20
Kings County Trust
Lawyers Trust
2.03
5
America
American
Automobile
Trust
United States Trust
$2.10
1
American
&
Title Guarantee
Maryland Casualty
24
bl.00
1949—
8,
0.80%
38%
15
Co
Corn Exchange
Sterling
Jersey Insurance of N Y
22%
Bank
&
par
55%
0.80%
313
-
^100Brooklyn Trust —
Central Hanover Bank & Trust 20
First
'-
61
>
0.80%
Ask
1949
Chicago
10
N Y)
3.24
Insur Co of North
v
0.80%
Bid
100
.<•
(White Plains,
Empire Trust
2.07
Home
58
Sept. 15, .1949
Sept. 22, 1949——i.
Sept. 29. 1949
| Sept. 1,
York
County
Shares—
Ask
531/4
1.30%.
0.80%
22%
Trust
3.54
l
53%
.
bl.45
Sept.
10
Co
Fifth Avenue
16.22
1
80
'
3-50
0.80%
Par
Manhattan
17.97
1955
Amer Trust
Series
76
25
—,•
.:
1
3.26
2.50
51%
—10
Agricultural
American
10
llo
4-
Bid
bl.00
15.08
Insurance Companies
Insurance
1.30%
1-49
York
of
Public
Aetna
1.30%
7-
Banks & Trust Companies
New
Aetna
1.25%
bl.45
0.75%
bl.00
'<
jiu-.
/:
National
Bid
bl.40
bl.45
1-50
Treasury Bills
bl.00
18. 1949—
Fiduciary. Trust
Shares—
Series E
44.91
3-50
1-50
3-
Ask
bl.00.
—
16.46
Unit Type Trusts—
Diversified
92.46
12-
1-49
1.55%
bl.00
-
1949
Aug. 25, 1949—
Morgan
Par
1949
1949
11,
1
4.56
90.55--
28,
Aug. 4.
1
4.20
4.15
Loomls
1-49
2-49
6-
bl.00
:
1
Inc
Wisconsin Investment Co
10.54
75-
1.55%
bl.00"
1949
Federation
27.21
Stocks)—1
Whitehall
19.66
common
com
1.50%
1.55%
-
1.25%
Bid
Continental
Wellington Fund
(Quality
1
1.20%
1.20%
United States
Trust
9.17
(Income
bl.35
Commercial National Bank &
5.52
Union Preferred Stock Fund—1
9.22-
8-2
1.25%
bl.40
Chase
20.32
1
8.44
S-l
1.25 %
bl.40
bl.40
Bank
90c
48.75
9.03
15.88 ;
bl.40
3-50
1-49
46.86
United Income Fund Shares—1
Wall Street Investing Corp
1
9.44
8.65
1-49
1-
1-49
9.45" -10.23
2%
6.33
14.55
12-
3-49
27.12
16.18
14.83
-
Ask
2-49
1-49
2.22
25.22
1
pfd Stocks)
1
K-2 (Appreciation pfd Stks)_l
Bid
Due
54-
9-
,
Dated
1.50%
14.89
2.02
1-
Union Common Stock Fund
28.16
-
21.89
Rate
•'
13.85
23.88
26.95
1
K-l (Income
S-4
.2371
.2598
1.55%
11-
7.53
Series C
7.55
12.51
Keystone Custodian Funds—
B-3 (Low
100.2155
1.15%
:
10-
11.10
Trusteed Industry Shares
Union Bond Fund series A
24.58
22.61
bl.35
1-49
6.20
6.87
Television Fund Inc
'
12.04
12.24
.
1
1-49
Bankers
79c
1.02
9-
1-49
4.61
5.66
Fund Inc (new asset value)_•
Standard
71c
Insurance Oroup shares
1-48
3-49
6.89
4.21
7.86
7.17
12-
•
1-
10.94
9.98
—1
Fund—1—1
Investors
Selected
State
Stock and Bond Group
Investment Co of America
B-4 (Speculative
i
1.15%
6-
15.73
Shareholders Trust of Boston—1
Sovereign Investors
1
20.11
A«k
/.
bl.35
Scudder, Stevens & Clark
■;
'
.2058
100.1928
'
Bid
1-49
2-
8.16
10.13
Russell Berg Fund Inc
Ltd—
Grade
.1939
100.1625
v
Republic
5.67
5.16
Due
•;
8-
10.35
1
Petroleum & Trading
Putnam (Geo) Fund—.
,
9.44
———I
—
4.38
4.66
4.24
Group shares—
lc
Bank Group shares—x—lc
(Medium
100.1556
.1471
1-48
9.73
1
1
—
Dated
11.41
8.88
1
equipment
3.87
■'? 4.11—
1
Aviation
B-2
—
1.60%
'
B-l (Investment
.1703
7.25
10.41
1
.—;
6.62
1
3.52
3.20
/
lc
shares
Howe Plan Fund Inc
<
Ask
100.1365
10.01
1
;
Tobacco
7.60
2.44
>
*
shares
of
1950
10.73
1
stock
Steel
<
RR Equipment shares
Railroad stock shares
Investment Trust
1.
(cont)-
3.89
9.79
Pacific Coast Invest Fund—1
.Public Utility
1
6.77
shares
3.55
9.13
1
lc
Investing Company shares—lc
'
1950
11-
1.45%
10.39
4.89
lc
Shares
1,
1.55%
10.64
7.18
Corporate bond series
Diversified Industry
lc
Institutional
.1730
100.1155
Bid
lndebt
11 %s Mar. l, 1950
tl%s Apr. 1, 1950—
ll%s June 1, 1950——
11 %s July 1, 1950
\%k
.0991
1.60%
6.61
9.71
1
Building supply
6.03
1
—
Bank stock
lc
Income Foundation Fund
Bid
100.0765
—
"
of
11 %s Feb.
.2979
100.1385
1949—
1,
1.65%
5.76
4.66
4.35
lc
Incorporated Investors—
"
Maturity—
Federal Intermediate Credit Bank Debentures
9.35
lc
-
Jan.
Rate
Inc—
Agriculture
47.28
43.97
1
York Stocks
5.59
4.77
13.72
6.29
*
12.52
1
England Fund
New
2
Trust
Utility shares-
102.18
Price
Ask
100.2546
Dec. 15, 1949
5.13
4.61
A—2
shares.
Railroad Bond
11 %s
14.57
247/8
22"%
4.35
shares
'
3.21
—
shares
100.6
102.10
5.46
2.94
Chemical
Merchandising
Mining shares
99.30
1955-1953
3.37
Low Priced Com Stock Series 1
shares
Priced
99.20,;
4.58
1.81
Electrical Equipment shares lc
Food shares
lc
Tobacco
4.19
1.65
-
•
1
shares
Ask
100.4
99.12
2.83
5.00
shares
bond
1,
Bid
-100.1
119%
Bid
Indebtedness—
Oct.
4.16
3.08
Building shares
i
3.81
2.59
.1%%
11 %s
6.44
1
Securities—
Agricultural shares
Petroleum
5.89
1
Inc_l
shares
point
a
1, 1950-1949
1, 1952-1950
1, 1953-1951
Certificates
11 %s
6.08
1
Series
5.56
1
Series
Speculative Series
Group
Low
1
1
series
Investors
General
Certificates of
Industrial Stock Series
Selected Group Series
Capital Corp
Aviation
7.05
Stock Series
10
Fundamental Trust
.
Dollar
8.38
6.45
16.68
Fundamental Investors Inc
General
7.75
1
3.65
23.94
Corp
stock
100.6
118%
Int. Rate
Treasury Notes—
tAprfl 1, 1950
13.55
15.60
Common stock sexies
General
12.62
1
Stock
Preferred
100.4
_
-1961>
,
1
1
Low Priced Bond Series
Custodian Funds Inc— "
Preferred
of
Bonds—
1%S May
1%S Jan.
100.4
14.19
3.46
22.14
First Mutual Trust Fund
Franklin
32nds
more
U. S. Certificates of indebtedness
11.46
12.99
1
Industrial Fund
1950
Canal 3s
25.49
10.60
1
Corp
25.41
23.77
23.58
Inc_l
20c
5
Stock Fund
Equity Fund Inc
Fidelity Fund Inc
Financial
Investors
Income
—1
Fund
interest__l
Fund
Security SeriesBond series———
Howard—
&
Balanced
2nd
National
5.64
13.50
1.47
•
Eaton
or
1%8 Oct.
2V4S Feb.
1C0.2
Maturity-
National
12.35
25c
Shares
'■>.
3.14
Nation-Wide Securities-
143
-
beneficial
of
Investors
Balanced Fund
1
—
one
Federal Land Bank
Ask
Other Issuet
Investors Trust-
Ctfs
3,230
—1
Investment-
Delaware Fund
Dividend
100 3,080
100
136
com
1949
Panama
32.64
1
of America
Inv Tr
Rid
100
—
7.38
Mass
1
6
Bond
1949
3.64
92.49
20.34
Axe-Houghton Fund Inc
Axe-Houghton Fund B
Beneficial Corp
Blair Holdings Corp
Boston Fund Inc
Banks—
Loan
22,
4.25
3.30
Home
July
3.43
Petroleum shares
Steel shares
...
3.27
77/a
1.65s
1%S Sept, 15,
l%s Jan. 20,
3.12
General
A
Figures after decimal point represent
*
lc
1
30%
29 Vs
Oilstocks
Standard
series
1
,
shares
Business Equipment shares_lc
Electrical Equipment sbares_lc
10
Shares
Business
Associated
Automobile
2
Holding Corp
American
Managed Funds—
Ask
4
6.50
6.75
49%
51%
60
63
10
71%
75%
a
19%
21
Odd
Lighting
lot
included
in
change,
n
liquidating
Issued,
•No
x
sale
year's
(not included
range),
Admitted
to
dividend.
value,
e
in year's
Ex-interest,
trading
(Un)
Ex-dividend.
par
1979
3s
N.
Y.
Admitted
y-Ex-rights.
tin default.
z
f Flat
to
r
price,
Cash
Unlisted
Ex-stock
tThese
bonds
d Deferred delivery sales
b Big yield price,
range),
Curb,
preferred
k Admitted
sales
Trading
(not
to
listing
included
privileges,
in
on
wd When
subject to all Federal taxes.
(not
Y. Stock Ex¬
range),
t Ex-
delivered,
dividend.
are
N.
year's
wi When
f
Volume
170
Number 4819
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(143)
THE COURSE OF BANK CLEARINGS
1949
194b
$
Bank
clearings this week
will
Preliminary figures compiled by
cities of the
show
us,
increase
an
based
with
compared
a
year
ago.
Pennsylvania—Altoona
total stands at
this center there is
gain for the week ended Friday of 14.3%.
a
Philadelphia
Reading
Our preliminary
year.
same
week in 1948.
At
Week Ended July 9
New
$6,264,440,378
435,896,238
458,138,858
Philadelphia
713,000,000
727,000,000
371,962,194
375,786,805
194,418,296
225,581,183
204,200,000
210,900,000
Kansas
City
St. Louis
,
San
258,721,000
Pittsburgh
—
V
—
273,986,000
—
232,817,769
250,922,599
230,366,187
*257,486,085
180,494,526
166,612,393
$9,982,270,374
$9,210,854,301
1,993,100,788
$,023,587,512
.
Ten cities,
five days
Other cities, five days
r
—14.2
728,000,000
3,700,377
+ 13.4
2.534.617
7,027,756
2,605,062
5,897,367
+ 19.2
4,879,795
2,680,347
3,286,794
1,651,766
3,794,020
4,603.008
—17.6
2,699,365
8,337,872
2,329,439
9,604,001
—13.1
6,983,385
5,916,940
12,879,030
9,952,912
+ 29.4
8,808,887
5,105,008
1,053,291,957.-17.3
759,585,696
768,578,981
6,629,874
5,683,088
126,174,828
226,791,709
18,696,000
IZZI
Jersey—Trenton
(li cities)-
913,535,236
"
J
All cities, one day
540,323,359
Total all cities for week_.
(7
issue of next week.
our
•
We cannot
furnish
them
+
8.4
—
1.5
-12.7
137,240,098
-16.1
253,783,836
38,473,400
-18.9
23,224,800
3,865,394
West
we
•
the elaborate
able to
are
ending July 2.
detailed statement, however,
+
797,091,473
Cities)..
316,359,603
900,331,827
Virginia—Huntington
2,537,330
12,251 076
11,270,000
116,42^,961
124,428,489
>3,472,168
204,916,843
72,342,736
3,379,823
227,537,954
411,947,114
437,101,151
-
Carolina—Charleston
Maryland—Baltimore
6.6
District of
—29.1
$11,996,794,646
+
Total
4.3
as
For that week there
was a
week in
same
has to be estimated.
that in the New York District
a
are
•
We group the cities accord¬
located and from this it appears
(including this city) the totals show
The Cleveland Reserve District suffers
District of
and the Atlanta
5.8%
a
falling off of
are
a
loss of 11.5%, the Richmond Re¬
District
Reserve
of
4.3%.
In
the
Chicago
smaller by 3.5%, in the St. Louis Reserve District by
7.4% and in the Minneapolis Reserve District by 13.5%-. -" In the Kansas City Reserve
,
District the decrease is 11.1 % and in both the Dallas and San Francisco Reserve Dis¬
furnish
a summary
OF
SUMMARY
Week Ended July 2
by Federal Reserve Districts:
Federal Reserve Districts
-12
Ird Philadelphia
•
t.4th
4th Richmond
4th
Atlanta
—
7
**
L—:—... 4
"
«
-10
Dec, %
913,535,236
$
$
447,282,786
451,481,617.
7,137,699,162
7,812,183,812
768,578,981
1,053,291,957^^-17:3-
759,585,696
797,091,473
900,331,821;—11.5
660,766,386
437,101,151
5.8
335,471,822
.312,501,544
4.3
512,978,125
810,135,807
679,263,931
472,211,910-— 7.4
348,801,286
339,801,014
—
4
"
437,480,258
*
338,689,435
391,423,138^—-13.5
274,462,775
10
"
434,232,168
488,511,376
—41-t
392,340,807
6
M
272,061,760
299,684,939
9.2
215,519,373
198,143,333
10
"
710,477,993
782,810,277
-—"9.2
464,566,671
555,149,017
—
10th Kansas City
DaUas
+,'2.7
3,001,540
174,607,718
2,376,419
156,573,925
—
+
—
9.9
"7.5
'59,832,143
5.8
335,471,822
,
55,384,526
312,501,544
Macon
99,543,852
6,744,193
7,003,664
371,374
281,058
132,212,211
116,304,891
589,997,774
Mobile
616,332,464
i
;
Mississippi—Vicksburg—_
Louisiana—New
3,799,633
3,204,000
76,351,547
J 77,465,033
Alabama—Birmingham
-
16,115,693
+
9.9
Orleans
Total (10 cities)
...
3,333,242
77,995,275
+
-
—
5.3
3,022,365
3.9
2,616,577
2.1
61,675,486
62,284,916
—22.2
-
Seventh Federal Reserve
3.7'
4,244,675
254,262
329,209
96,338,046
97,787,103
4.3
512,978,125
460,232,891
—
1,261,882
11,400,498
—17.0
;
4,012,934
Lansing—
;
Indiana—Fort Wayne
1,919,407
9,464,708
Grand Rapids
6,286,167
7,422,352
—36.2
>
5,352,633
56,081,000
Indianapolis
South Bend
57,905,600
6,871,839
t2,732,845
Iowa—Cedar Rapids
Des Moines
City—.,
7,068,872
56,779,296
3,311,985
28,117,807
13,651,694
—
Wisconsin—Milwaukee,.
Sioux
60,837,277
3,973,721
28,863,455
765,800,671
784,856,530
3,372,839
3,369,193
—,
I,599,933
1,570,840
8,553,092
7,376,662
4,728,469
4,027,295
—27.9
5,717,051
5,071,676
34,581,000
3.1
43,505,000
2.8
5,944,027
6~,7
*47,327,620
42,798,746
—16.7
3,372,653
2,496,963
23,874,968
.17,790,931
—
—
—
—
2.6
\
12,263,482
5,651,914
t
0.1
II.966,558
—18.5
-X235,504
•: 842,680
2.4
630,741,811
3,425,395
531,078,967
—
—
+
0.1
"
10,043,658
6,230,657
8,164,324
X
13,656,290
1,368,333
*•
—36.3
t
1,115,432
—'
Illinois—Bloomington—
;
4,903,925
2.5
+ 13.7
—
District—Chicago-
Michigan—Ann Arbor
Terre Haute
11,707,635
44,795,140
175,600,000
3,102,700
2,615,562
58,128,157
61,263,460
—18.1
7,751,416
2,307,883
9,882,909
5,208,483
3,052,334
2,537,204
3.5V
810,135,807
679,263,931
7.6
195,100,000
194,200,000
+ 10.2
6,622,063
4,245,281
3,768,794
3,930,422
975,237,829
1,010,772,913
—
257,900,000
270,200,000
—
106,141,815
123,824,177
—14.3
97.299,079
78,831,359
71,603,089
67,240,950
+
6.5
54,438,792
51,024,035
—
5.7
1,963,415
1,217,255
7.4
348,801,286
325,272,649
—
4.1
Eighth Federal Reserve District—St.
Missouri—St.
Louis.
Kentucky—Louisville.
Tennessee—MemphisIllinois—Qulncy
325,272,649
•£45,828,419
616,332,464;;■
975,237,829
—
87,680,323
460,232,891
3.5
—
7
:
8,113,000
88,691,836
16,702,307
48,139,491
617,077,814
411,947,114
" V;
16
4th Minneapolis
11th
■VV.
2,373,351
.7,589,000
6.4
1946
1947
8,881,634,165
589,997,774
i-H
7th Chicago
8th St. .LoUis
$
8,720,434,754
"
"
——
1,749,585
8.7
+
—
217,700,000
Total (16 cities).
Inc. or
554,308,607^-^6.1
520,766,477
-11
Cleveland.-
67,269,445
—21.1
6.7
Rockford
CLEARINGS
1948
$
12 cities
2n(l New York—
(
BANK
1949
—
617,077,814
7.2
Springfield
1st Boston
660,766,386
68,255,153
Peoria
we
—11.5
223,600,000
Florida—Jacksonville
Decatur—
In the following
3,215,440
17,704,715
Chicago—
tricts 9.2%.
j
4,229.602
232,729,879
63,344,053
Augusta
$15,121,195,271 against $15,888,414,724
loss of 2.5%;
2,772,708
6,383,762
228,984,480
.208,600,000
;
4,000,648
Nashville
1.8%, in the Boston Reserve District of 6.1% and in the Philadelphia Reserve District
serve
(6 cities)
Georgia—Atlanta
decrease of 4.8%, the aggregate of clear¬
ing to the Federal Reserve Districts in which they
Reserve District the totals
4,519,536
7.9
4.6
-
Outside of this city there was a loss of 1.0%, the bank
1948.
clearings at this center having recorded
of 17.3%.
-16.7
-
Sixth Federal Reserve
District—Atlanta—
present further below
we
Columbia—Washington
Tennessee—Knoxville
the week
give final and complete results of the week previous—the week
ings for the whole country having amounted to
in the
cases
which
6,699,193
301,957,878
Richmond
ends Saturday and the Saturday figures are not available at time of going to press.
In
4,638,121
-6,171,345
Virginia—Norfolk—
today, inasmuch
Accordingly, in the above the last day of the week in all
1,797,602
Fifth Federal Reserve
District—Richmond-
8.3
Complete and exact details for the week covered by the foregoing will appear
in
-22.1
336,4 0,758
31,192/700
Pennsylvania—Pittsburgh
Total
8,585,780
189,084,959"
Mansfield
5.6
+
762,352,833
$12,515,699,521
741,000,000
2,424,342
—10.5
$11,975,371,162 $11,234,441,813
days.
2.8
282,231,239
South
Total all cities, five
—
164,986,691
Youngstown
7.2
—
6,686,226
;—
Columbus
1.0
3.2
"
;
1*011,000,000
4,194,593
-ZZIZH—HI"
Cleveland
—13.8
Baltimore
.
867,000,000
600,597
933,008
2,377,135
IICCI
Ohio—Canton
Cincinnati.—,
4.9
1.9
—
—
Cleveland
.
^
Francisco
2,532,340
—
Fourth Federal
Reserve District—Cleveland—
+ 14.3
$7,160,394,164
Chicago
-
841,207
+ 88.1
+
—
*
1948
1949
York
1,215,115
873,719
2,118,549
1,016,206
3,984,296
Delaware—WllmingtoiT—""
New
Total
T
1.373.616
4.8
Wilkes-Barre__r
Clearings—Returns by Telegraph
,
1944
t
6.1
York
Our comparative
for the week follows:
summary
1947
6.3
,1,173,913
■
967,790
"
Scranton
$12,515,699,521 against $11,996,794,646 for the
1,545.187
1,102,026
Lancaster
it is possible to obtain weekly clear¬
ings will be 4.3% above those of the corresponding week last
1,642,791
_
Bethlehem
Chester
country, indicate that for the week ended Saturday, July 9, clearings
for all cities of the United States from which
U1
Dec
Third Federal Reserve
District—Philadelphia—
telegraphic advices from the chief
upon
WlC
t
43
1,010,772,913.-—
>--
3,835,354
Total (4 cities).
437,480,258
_
1,946,783
472,211,910
Ninth Federal Reserve
Minnesota—Duluth
6,074,968
6,851,022
—11.3
5,785,673
226,661,021
272,322,929
—16.8
187,849,692
4,898,017
158,227,824
84,041,174
Minneapolis.
90,564,033
7.2
62,074,135
67,842,661
9.4
6,011,135
4,119,945
9.3
3,091,620
St. Paul.
North
Dakota—Fargo.
—
Total
Francisco
111 cities
—
Outside New York City
.
15,888,414,724
6,756,437,439
■
We
now
add
-^4.8
12,359,610,696
12,785,515,022
7,309,281,225
15,121,952,271
'4-4 7.6
5,431,591,077
5,137,232,317
-
6.200,131
6,840,966
South Dakota—Aberdeen.
3,506,896
3,209,772
Montana—Billings
12th San
3,081,683
3,359,850
8 3
2,630,594
2,024,402
9,123,562
8,274,516> +10.3
7,019,926
6,521,886
274,462,775
245,828,419
Helena
Total (7 cities).
338,689,435
'■.&
week ended July 2 for
i
Nebraska—Fremont
1949
&
1947
1946
•
$
1,722,128
Portland——
1,600,664
1,510,221
4,400,705
3,790,608
3,733,473
437,494,230
462,313,430
376,070,966
378,774,392
1,666,949
1,998,143
1,335,934
Worcester-
686,319
619,926
600,717
2,210,088
1,382,942
8,344,352
6,070,700
5,542,741
4,311,574
8.9
96,880,059
6,751,512
;
6,079,780
13,592,056
286,962,582
328,478175
8,848,578
City
9,762,750
St. Joseph.
Cob>"ndo—Colorado Springs,
1,415,127
—
+ 11.0
6,509,549
294,828
9.0
12,430,800
13,289,286
—12.6
256,683,285
231,735,618
9.4
9,987,855
4,649,634
3.8
1,411,088
■1,467,913
1,734,470
1,395,472
—11.1
' "392,340,807
339,801,014
8.2
6,375,634
8.6
172,103,000
5,651,761
161,677,000
6.8
24,308,064
19,560,721
4,097,762
3,907,000
—
—
1,157,573-
+ 22.3
1,966,750
1,894,795
+
434,232,168
488,511,376
-
,
Total
(10 cities).
3,029,398
27,279,246
22,605,136
21,696,152
10,188,493
12,097,180
9,759,815
24,471,200
25,821,200
1,729,838
1,130,821
9,955,088
18,603,700
/ 1,289,949
Texas—Austin.
7,082,633
21,637,800
"
'
948,804
226,985,793
23,906,877
Fort Worth.
Galveston.
<■
520,766,477
554,308,607
—
6.1
447,282,786
451,481,617
Total
7,713,331;
248,446,000
:
25,655,803
5,181,000
4,084,612
8,940,935
8,604,143
272,061,760
(6 cities)
5,108,000
4,037,522
Wichita Falls.
Louisiana—Shreveport.
Total (12 cities).
119,103,130
4,905,980
77,399,549
3,888,737
12,368,859
Missouri—Kansas
Dallas.
Hampshire—Manchester.
507,440
6,051,125
Eleventh Federal
5,105,929
New Haven.
>534,010
108,556,739
Omaha
+
6,543,241
.24,855,116
Connecticut—Hartford.
385,123
+ 29.7
—16.3
1,523,960
7,680,193
Springfield
7.3
383,373
7,549,296
^eblo
750,919
Bedford-
510,448
497,215
1,528,371
1,754,945
Lowell..
'
1,885,275
3,786,426
—
547,493
Wichita
•
usetts—Boston.
—13.5
2,193,684
6,317,313
Hastings
Lincoln
Kansas—Topeka„
First Federal
Maine—Bangor.
Fall River-
—
Tenth Federal Reserve District—Kansaa
four years:
Clearings at—
391,423,138
+
/•+,/ .>•+ >,>
detailed statement showing the figures for each city for the
our
—
299,684,939
—
—
—
—
—
+
—
1.4
1.2
2.570,448
1,937,013
3.9
6,064,465
5,409,838
9.2
.215,519,373
198,143,333
6.3
78,930,541
V
>>
Second
;.
Federal
Reserve
Twelfth Federal Reserve District—San Francisco—
i
New York—Albany
<
131,274,703
*
—
Jamestown—
New York
_
Rochester
•
Syracuse
10,561,816
10,837,952
3,670,284
—10.2
2,522,006
1,918,816
78,599,512
89,029,894
—11.7
1, *34,70S
1,935,656
—20.7
1,442,841
1,494,751
V 2,130,845
—21.9
1,728,053
1,311,508
«3R*, 514,332
.
+142.8
1,663,630
Elmira
.
-
—
54,076,432
3,294,283
BInghamton
Buffalo
8,579,133,499
2.5
6,928,019,619
—
71,242,794
Washington—Seattle.
Lake City.
Pasadena
8,606,198
San Francisco.
Connecticut—Stamford
New Jersey—Montclair
—
....
Newark
Northern New Jersey
.
Total (12 cities).
143,028,726
56,222,254
10,766,377
8,522,159 '
362,522,812
418,802,826
Jose
9,264,129
10,834,330
Santa Barbara.
3,007,595
3,964,591
Stockton
7,049,207
7,461,932
8.0
16,008,890
11,966,341
14,191,369
—12.3
10,977,784
6,909,756
14,477,335
—19.1
12,637,749
242,477
910,237
—73.4
706,522
781,063
45,894,010
4.8
40,446,479
35,036,586
Grand Total
Outside New York
—
—12.4
3,838,966
2.3
60,084,003
5.5
31,057,879
—
—
+ 11.1
5,997,930
1.0
5,253,684
—13.4
262,373,857
+
83,512,160
.
3,199,592
74,720,500
35,288,106
9,075,534
6,310,566
325,424,978
8,613,605
—14.5
7,234,707
—24.1
2,584,319
3,244,644
5.5
7,210,785
5,759,332
11,115,982
43,708807
■>-,
20,776,505
12,449.455
11,716,216
±
3,838,966
53,153,443
11,956,125
California—Long Beach.
San
119,368,116
3,363,840
139,675,826
land.
58,597,653
7,628,282,705
111,878,818
Yaklma
22,430,630
*
+.
48,005,414
55,408,049
8,720,434,754
8,881,634,165
+
—
.
—13.4
41,404,609
43,930,699
1.8
7,137,699,162
7,812,183,812
—
Total
(10 cities).
(111 cities).
tNot included in totals.
—
710,477,993
782,810,277
9.2
464,566,671
555,149,017
15,121,952,271
15,888,414,724
—
4.8
12,765,515,022
6,756,437,439
7,309,281,225
—
7.6
12,359,610,696
5,431,591,077
$Not available;
—
5,137,232,317
44
(144)
PARTIAL
Company and Issud—
Federal Reserve Bank certifies daily
Secretary of the Treasury the buying rate for cable transfers in the different countries of the world.
give below
1st and
FOREIGN
EXCHANGE
CERTIFIED
RATES
1st
JULY
I,
Union
;:a
RESERVE
TO JULY 7,
1949
BANK
TO
TREASURY
INCLUSIVE
1949,
UNDER
TARIFF
ACT
1st
^
.v'
•
1930
OF
v.;,
July 1
Argentina, peso—
For "regular" products
For "non regular" products
For certain industrial products
July2
K.
July 4
$
$
.297733®
i
.•July
$
July 6
/,
■
l«t
$
.251247*
.251247*
3.210983
.022750
.022750
.021750
.021550
.054406
.05440 6
.054436
Day
1.000000
due
Pacific
bonds,
Co.,
due
San
mortgage 3 !4 %
Union
Gas
1st
Van
Co.,
Crafts
Co.
of
mortgage
Normar.
•
1
1
7
Aug
1
12754
July 15
12532
Oct
1
12647
Aug
1
H
July 18
12425
•
Terminal—
1975—
bonds, series A, due 1970
debentures, due 1961
Aug
Aug
1954—Aug
1
.
bonds,
due
12
1
*
1
12426
July 20
3'/2%
Inc..
4
1
Aug
Aug
—
3 V2 %
Building,
•
1
-
1971-i
Francisco
1
Aug
Aug
_Oct
1975—
-
12416
-
A——
Co.—' v
12758
12683
Canada, Ltd.—
4!/2s,
Co.,
due
15-yr.
1950
3%
1.000000
1.000000
1.000000
.943906
.941015
.940312
.940000
.301166
.301166
.301166
.301166
Abitibi
.020060
.020060
.020060
debentures,
due
1902
July 15
Broadway-Cooper Corp.—
.208535
.208535
.208535
.208535
.004671®
.004671*
.004671*
.004671*
.003032®
:
Ceylon, rupee
Czechoslovakia, koruna
.003025*
.003030*
.003025*
H!' NT* ?
.301678
.301678
.301678
!rj iffillJi
.115631
.115623
.115623
.376075
.376062
.376050
.020060
Denmark, krone
France (Metropolitan),
franc—
,,,
-
India, Dominion of, rupee
.301678
j
r
I'
.115623
.376085
3.9895»o
.>
Netherlands, guilder
New Zealand, pound
J
H
Closed
Independence
.201580
Norway, krone
Philippine Islands, peso
3.987620
3.988533
.201580
Day
Portugal, escudo
.040328
.040328
.040325
.471833
.471833
.278228
-
' .233629
-
.233629
4.007500
i
United Kingdom, pound sterling
Independence
4.007500
4.027500
4.029375
Uruguay, peso
Uruguay, peso
Uruguay, peso
Uruguay, peso
.658300®+
Closed
•Nominal rate,
4.028476
i
■
.658300*+
.588223*t
.588223*+
.561799*+
,,/
.561799 * +
:
.531909*+
due
bonds,
1952
series
A,
due
1
12745
Sep
1
2
1957——Sep
1952__Aug
1
2
1
*
Aug
due
1
due
*
1952__
»
income
6%
bonds—.
.—July 15
—
Refining Co., 5% preferred stock
4
Sep
Creamery Co., 7% preferred stock
Jun
Title Guaranty Co., preferred stock.— ____—Jun
*
12419
29
in
this issue,
tin Volume
*
1
12643
\
1
....
•Announcement
4
1
30
Public
Process
.658300*+
<:■
B
Service Co., 7%
preferred stock
Aug
Co., 7% preferred stock
Aug
Scullin Steel Co., mortgage bonds, due 1951—
—Oct
White Sewing Machine Corp., $4 preferred stock
Aug
4.029726
.658300*+
.588223*+
.561799®t
.531909*t
bonds,
series
Page
1
Walnut Street Coip.—
mortgage
Home
New
4.007500
W-
series A
bonds,
mortgage
Kewanee
.233629
>'■>
Ltd., prior preferred stock.Aug
Hershey
.278223
.233629
4.007500
Day
"Union of South Africa, pound
CALLED
Frontier
.471833
.278228
income
1st
.040328
.471833
.278228
4%
mortgage
Fifteen Hundred
.497300
Straits Settlement, dollar
Sweden, krona——:
/
mortgage
1st
.201580
.497300
.497300
ISSUE
Date
Paper Co.,
1st
3.989886
-
.201580
.497400
;
.=•—
-
&
Chicago Grain Corp., 1st mtge. 5% bonds,
County Gas Co., Atlantic Highlands, N. J.—
5% income debentures, due 1952
1
Switzerland, franc
Power
1st
Free
Mexico, peso
ENTIRE
Company and Issue—
;
t-
Official—
•
bonds,
Gas
3%
Ray Drug
Textile
.022750
.021850
.054406
Official
Y
Page
1
v
Free
1
3.209883
3.209160
.022025
—
Canada, dollar—
-
Independence
Counties
mortgage
1st
.200000*
.200000*
.200000*
Closed
.022750
Foreign "bank notes"account
Brazil, cruzeiro
;
series
1st mortgage 3%%
bonds, series A, due
Southwestern Gas & Electric Co.—
Sun
Belgium, franc
Co.—
bonds,
3Ve%
mortgage
Southern
.297733*
.297733*
.251247®
,200000®
3.210736
—-
Date
due 1962_Sep
D,
ser.
Corp., 10-yr. 4y2% debentures, due 1956—,
Monongahcla Ry., 1st mtge. 3V«s, ser. B, due 1966
Phillips Petroleum Co., 2%% debentures, due 1964
Safeway Stores, Inc., 5% preferred stock
July 7
v
$
.297733*
,251247®
\ Australia, pcund—
bonds,
McCord
Noon Buying Rate for Cable Transfers in New York
"'0;'
Terminals
5 V2 %
mortgage
Southern
,
4!4%
Packing Corp., 3%% debentures, due 1962
Food Fair Stores, Inc., 3V»%
debentures, due 1959
Kings County Lighting Co.—
Value in United States Money
Country and Monetary Unit
mortgage
Deerfield
FEDERAL
BY
ref.
Cleveland
We
record for the week just passed:
a
(
/
Chicago & Western Indiana RR.—
Pursuant to the requirements of Section 522 of the Tariff Act of 1930, the
to the
REDEMPTION
uV
Foreign Exchange Rates
*
1
*
1
49
V "r\-
169.
.588223*+
.561799*+
.531909*+
V
.531909*+
Auction Sales
t Application depends upon type of merchandise.
Transacted by R. L. Day & Co., Boston on
Wednesday,
July 6:
and
Statement of Condition of the 12 Federal
thousands
of
Increase (+) or de¬
Hold
Bedemption
for
F.
1948
t
22,666,429
fund
July 7,
1949
$
certificates
(—) since
June 29,
July 6,
1949
,
Assets—
$
15,000
+
974,257
R.
notes
588,471
251
$290,000,000
largely
in
City, $50,000,000 in the San Francisco District,
$45,000,000 in the New York District outside of New
City, and increased $57,000,000 in the Chicago Dis¬
trict. Time deposits increased $78,000,000. United States
Government deposits increased in all districts.
Borrowings decreased $306,000,000 in New York City
Discounts
and
Industrial
U.
8.
reserves—i—
23,254,900
253,877
advances
113,711
loans
Govt,
.
496
+
—
—
+
14,749
27,714
36,604
22
+
+
283,959
—
348
—
securities:
Bills
4,346,460
—
Certificates
Notes
173,669
6,857,100
359,100
Bonds
—
7,780.200
—4,142,121
+
and
1,978,193
+
1,570,319
Total
Due
S. Govt,
loans
from
Uncollected
Other
securities—
19,342,860
of
other
173,669
19,457,067
foreign banks
F. R. Notes
Bank
and
securities-
210,251
—2,192,309
Dec. (—)
June 29,
1949®
—2,476,616
Assets—
49
banks—
17", 541
91,261
2,294,329
items
premises
36,610
32,628
assets
8~no
—
+
95,008
23,504
45,479,119
300,838
Loans
assets
to
brokers
chasing
U.
Liabilities—
and
Reserve
notes
23,497,568
+
180,157
Deposits:
Government
8.
bank—reserve
Treasurer
—
Foreign—
acct.
acct.
gen.
17,980,117
262,101
235,008
484,748
22,405
<
_
Other
32,788
413,148
38,223
+
C
395,750
—
.
Total
deposits
Deferred
19,140,114
availability items
incl. accrued divs.
Total
liabilities
328,424
1,972,884
150,262
Other
9,966
7,104
44,620,532
305,633
154,102
3,527
U.
S.
Capital Accounts—
Other
capital
205,690
706
466,711
+
+
4~089
+
with
of
gold, certificate
300,838
Contingent liability
ances
purchased
on
—1,679,838
Commitments
make
4-
0.2%
+
+'
50
+
252
—
366
—
517
—
431
T
5
—
Ault
3,956
—
1,219
—
26
+
8-
1
25c
8-
1
7-20
75c
8-
1
7-20
8-
1
7-20
7-25
7-15
(quar.)—
75c
25%
71
,+
+
+~
30
+
65
—
Electric
321
+
78
+
425
1,469
-f
475
+
*125
Fisheries
American
—
1,340
+
250
—
39
737
6
440
—
+
6
+
-
222
9-23
12-23
12-10
12-23
12-10
7-21
8-
1
$1
8-
1
7-20
t$1.37%
8-
2
'-V:; 7-15
9-
3
8-17
(quar.)—
25c
(quar.)
7%
1
8-
1
7-20
$1
8-
1
7-20
7-
8
Buda
-
(quar.)
Tobacco—
deposit
receipts
Pulp
(final)
Paper Co.,
&
15%c
Rubber
Co.
t$1.75
.—
r. 8-1
25c
(accum.)
9-1
7-28
7-18
8-
7-12
(quar.)
4%
Inc.,
Adding
Burroughs
Crushed
Machine
$1 r
20c
9-10
8- 5
9-20
9-
(quar.)
Trust
(Mass.)
Candy
Clark
because of holiday.
5%
Co.,
Utilities
pfd.
conv.
(increased
A
8-
1
10-
1
$1;\
7-15
—
(quar.)
s-a)
7-20
9-15
35c
8-20
8-
1
dividend
3%
8-20
8-
1
L.)
25c
7-25 V
7- 0
$5
7-30
7-15
$1.25
7-30
(D.
Co.
1
25c
_
Estate
8-
75c
Citizens
22,396
1
(Texas)—
(quar.)
Real
Store
Chase
8-18
1
»5c
Co.
Ltd
Stone,
preferred
Chain
(quar.)
& Light
Central Power
4%
pfd.
7-15
"
Company
Bullock's
6- 2
Ltd.—
20C
preference
Brown
7-15
8-
25c
(quar.)
common
Quarterly
•: ■•••
7-26
9-30
75c
Co.
Columbia
Canada
8,048
2
37V2c
pfd.
conv.
Corp.,
preferred
British
.
226
—
7-20
&
British-American
290
6-30
$3
—
Plywood Ccrp
Co., 4%
4%
366
+
21
—
6-29
$1
preferred Cs-a)
Booth
310
+
28
+
^
7- 5
-
$1
(quar.)
Powder
Birtman
251
220
demand deposit accounts,
except
and
U.
S.
Govt,
accounts,
9-
-
Company
;
Cleveland, Cincinnati & St. Louis Ry.—
1,311
—
25c
(extra)
Barnsdall Oil Co._
605
1 462
15,396
during week
4.1%
Co.
common
Wiborg Proprietary, Ltd.—
5V2%
pref.
(quar.)
89
+
-+
1
—
deposits:
•Preliminary (San Francisco District)
4,175
indus¬
trial loans
to
7-15
(quar.)
Bottle
(quar.)
Stock
54.5%
2,257
to
-
Atlas
interbank
foreign
correspondents
Atlas
—
V-
Foreign banks
Debits
accept¬
for
6%
293
* 141
::
•"
+
46,093
Domestic banks
+
89
+
+
5
6
797
4,550
13,255
deposits
Common
34
2,088
Government
7-29
25c
Clayton & Co. (quar.)
;
Anglo-Iranian Oil Co., Ltd. ordinary (final)
Arcade Cotton Mills Co., common
(quar.)
88
.
34,149
1,793
£
deposits, except Government—,
S.
Co.
Corp.,
preferred
7-15
I
50c
(quar.)
Anderson,
+
950
Banks
U.
77~438
32
—
Liabilities—
re¬
serves, to deposit and F. R.
note liabilities combined
Reserve
456
.
5,274
Demand deposits adjusted
18,522
Box rowings
Batlo
.
domestic banks
Interbank demand
45,479,119
—
;—„
Federal
Time
158,643
Total liabilities & cap. accts.
securities—Total
vault——
6.913
v
27.543
accounts
4,118
26,132
with
in
Balances
;__
416
•
—
—
bonds
Reserve
347
+
+
292
Other securities
—1,782,711
-f
44
7-29
8-
$1.25
Corp.
Thermos
8-15
7-20
—
Roof
Viscose
•
Holdert
7c
Inc
Asphalt
,:K
y
When
Payable of Rec.
50c
—
3,981
Government
219
or
—
Milxs,
American
5%
+
+
241
table in
second
25c
—
American-Marietta
1,164
—
a
Inc
American
loans
Cash
Capital paid in
."
Surplus (Section 7)—
Surplus (Section 13b)
American
111
follow with
Ccrp.
Fund,
Alabama
1,025
_—
—
143
—
we
Share
Inc
202
pur¬
Treasury bills
Terasury certificates of indebtedness
Treasury notes
—1,162,607
—
F,
+
930
loans—
23,461
S.
T
Affiliated
+
Loans to banks
U.
Other liab.,
estate
44,102
+
A
Aciams-Millts
323
carrying:
Government obligations—
S.
Then
show the dividends
Per
321
obligations
purchasing
Other securities
Real
—1,579,038
for
week.
we
+
securities
loans
U.
Member
U.
Other
462,475
—
for
are
Name of Company
64
—
$70 flat
The dividends announced this week are:
3k
agricultural
dealers
1947
Since
carrying:
or
S.
Other
Federal
and
3J/2s February,
grouped in two separate tables. In the
bring together all the dividends announced the
we
+
13,181
Loans
—1,679,838
($10 par) —16V«
DIVIDENDS
23,883
loans
Total
300
—
declared.
1948
24
—
$ per share
>
par)
City Electric Co.
Dividends
June 30,
1949
62,582
par)
cents
Boston Terminal Co.,
24,184
Commercial, industrial,
29,836
—
Investments—Total
Loans—gross
137
June 22,
($300
(10
BONDS
or
(In millions of dollars)
and
Loans—net
142,015
—
(+)
Atlantic
$3,000
■
Inc.
Total U.
18
Mines
previously announced, but
which have not yet been paid. Further details and rec¬
ord of past dividend payments in many cases are given
under the company name in our "General Corporation
and Investment News Department" in the week when
$66,000,000 in the Chicago District.
and liabilities of reporting
*
Athenaeum
Bonanza
which
A summary of the assets
member banks follows:
—1,598,700
Boston
current
York
947,085
29,577
STOCKS
1
20
first
and
Total gold ctf.
Other cash
Shares
~
New York
27,172
—
increased
City.
;*}>"
Holdings of Treasury bills decreased $283,000,000 in
New York City, $76,000,000 in the New York District
outside of New York City, $25,000,000 in the San Fran¬
cisco District, and $21,000,000 in the Philadelphia Dis¬
trict, and increased $25,000,000 in the Chicago District.
Holdings of United States Government bonds increased
$42,000,000 in New York City and a total of $71,000,000
at all reporting member banks.
Demand deposits adjusted decreased $191,000,000 in
dollars)
crease
securities
New York
Reserve Banks Combined
(in
other
Common
5%
Redemption Galls and Sinking Fund
(s-a)
preferred
Clinton
(quar.)
(monthly)
7-15
Condition Statement of Member Banks
The condition statement of
weekly
banks of the Federal Reserve
shows
the
following
Notices
Below will be found
reporting member
preferred
System in leading cities
principal changes for the week
and
common
including those called
$323,000,000 in loans- de¬
holdings of Treasury bills,
$226,000,000 in demand deposits adjusted, and
$440,000,000 in
borrowings; and an increase of $475,000,000 in
ing tenders, and the
the
current
the
details
redemption,
provisions.
page number
gives the location in
(except where indicated)
given in the "Chronicle."
in which
$1.20
Co.
preference
Columbia
Gas
Inc.
8%
Chemical
Consolidated
A
Amusements,
preferred
industrial, and agricultural loans de¬
nearly all districts and a total of
$111,000,000
at all reporting member
banks; the principal decreases
were
$44,000,000 in New York City, $28,000,000 in the
Company and Issue—
Terminal Co., 1st mtge.
Bush
Date
4%
bonds,
due
1952__._July 27
Haytian
Corp.
of
Pennsylvania Coal
America,
&
Coke
Poli-Ncw England Theatres,
purchasing
*
,
1st mortgage
bonds,
due
common
Corp.,
stock
capital
stock
Aug
1
Dayton
Page
'
•
•
4 y2%
A
8-25
7-30
-
+30c
8-15
7-30
8-15
7-20
*5c
8-15
8-
$$3;\
7-15
6-10
Ltd.—
1
Ltd.—
(s-a)
Industries—
31V2C
8-
1
7-13
8-
1
7-10
15c
7-25
7-11
50c
7-25
7-11
$2
7-20
7-13
U1.12V2
8-15
7-15
(N. Y.) —
Co.,
cf
N.
Paper Co.,
Y
Ltd.
—
convertible preferred
July 19
•
J2755
Dryden
July 21
12756
Dunlop Rubber, Ltd.,
Eagle Oil & Refining
Paper
(reduced)
comihon
(quar.)
Corp.
Donnacona
9-16
70c
Rubber
class
1
183/4C
(quar.)
(quar.)
Bank Trust Co.
July 26
Inc.—■
1958
$2
Discount
10-
9-10
Quarterly
Consolidated Gas Electric Light & Power Co. of
Bait.—
1st ref. mortgage bonds, series
P, Q, R and S
8-16
8-15
—-
partic.
1
50c
.
Increased
Confederation
7-16
9-
Ltd.—
(quar.)
System,
1
+20c
(quar.)
Commonwealth International Corp.,
Class
NOTICES OF TENDER
Commercial,
bonds, notes,
sinking fund
Chemical
Cochrane-Dunlop Hardware,
Class A (quar.)
Corn Exchange
creased in
District, and $21,000,000 in Chicago. Loans
or carrying United States
Government
under
volume
were
United States Government
deposits.
for
Clorox
list of corporate
stocks called for
The date indicates the
redemption or last date for mak¬
ended June 29: An increase of
creases
of $431,000,000 in
San Francisco
a
8-
20c
Inc.
20c
20c
Industries,
Co.,
Ltd.
(quar.)
(quar.)——
Amer.
dep.
+30c
8-
5C
*
*
-
'
+
1
7-
receipts— 32 3/10c
—
1
6-30
5-20
7-21
•!
'
i
-
1
7.- 8
f
Volume 170
Number 4819
THE. COMMERCIAL
Per
Loan
Field
Co.
of
(Marshall)
Filtrol
Food
Pittsfield,
participating
Co.
of
25c
7-30
7-16
7-28
7-18
dends
Payable of Reo.
8-18
$$4.12
_*_
7-18
(quar.)
30c
7-29
7-20
50c
7-31
Chemical
&
preferred
announced
7-15
Name of
Abitibi
93 %c
1
8-
prior
tion
7-15
on
at
1
(called
for
$37.50 plus
16c
Gair
;
Stores
of
Co.
Corp.
Canada,
Gamble-Skogmo,
5%
General
Manufacturing
Metals
General
Shoe
Goulds
Hall
M.)
Halliburton
Harris
20c
Harrisburg
Corp.
(J.
7-18
7-15
6-30
(quar.)-
8-15
5%
pfd.
8-15
this divi-
25c
7-21
Lamp Company—
Well Cementing Co.
(quarI.¬
Company, 5%% pfd. (quar.)—
7-11
10c
7-22
37 %c
Gas,
10-15
$12%C
8-
$4
preferred
(quar.)
Investing, $7 pfd.
Inglewood
Gasoline
Interchemical
4%%
.
Iron
Jantzen
Knitting
5%
„
.
4%%
conv.'pfd.
Mills,
7%
Lac.,
7-20
8-
1
7-20
13%c
-
(quar,)—
$1.25
$25c
8-
1
f
common
,1*.
20c
1
,7-30
7-15
•
8-
1
10-
1
8-
1
7-20
7-
15c
8-10
7-20
pfd.
(quar.)—
Uoew's Boston
56 %c.
Mutual
(quar.)*——
Fund
(quar;)—
Extra
Second
JLoomis-Sayls^
Extra
Fund
(quar.)
_*
—
Macotta
McArthur
Corp
McGraw
Inc.
Midland
Co.,
4.80%
preferred
Corp., Ltd.,
4%
preferred
7-15
«50c
Royal
B
Nathan
National
Erie
I
Co.
Extra
—
1st
&
Co.
8-
1
7-15
75c
$2.50
8-
1
7-18
12-15
12-
5
12-15
12-
5
25c
7-15
7-
5
V
7-15
7-
5
$1.18%
$1
20c
;•
1
8-
7%
7-20
1
Argus
8-
1
7-15
8-
1
7-15
.
32 %c
5C
—
1
Armco
7-15
8-
$2.50
7-15
7-
$20c
9-15
J35c
9-15
8-31
non-cum
.*
(Philadelphia)—
conv.
Gas
I
90c
public
Service Co. of
4%%
preferred
Colorado,
i
$1.06%
;
—
$1.10
(Increased)
I
Inc
(Laura)
Leather
Co.,
8-
1
7-20
7-15
7-
6
8-
1
1
7-20
7-22
7-12
9-1
25c
10-/1
;9-
1
Rubber
7%
7%
$1.60
Fuel
Ltd.,
4%%
pfd.
preferred
(quar
Co.,
(quar.)
Steel
.
7-15
Co,
9-
1
1
7-18
50c
7-20
7-12
(resumed)*
25c
7-15
7-
Tung-Sol Lamp Works, Inc., 80c pref. (quar.)
United
Chemical?, Inc;
20c
8-
1
7-15
40c
7-28
7-18
Baystate
Co.
*
•
5
-
Class
B
A
(quar.)*
5%
25c
Investments, Ltd.—
preferred (quar.)
Zellers,
6%
lt
8-31
7-15
7-30
10-
3
9-9
31 %c
8-
1
7-15
Ltd.,
(s-a)__
common-.
preferred
tl2%c
7-31
7-
9
12%c
Co.
1
8-
1
,7-12
9-
1
7-29
9-
1
10-
1
9-
8-15
9-
1
1
8-12
9-1
8-12
8-
7-15
7-31
7-
9
7-30
8-
1
9-
1
Bliss
7-15
8-1
5
7-
8-
1
8-
1
7- 5
8-
1
Hats,
A
(E.
12 %c
7-11
8-
7-
1
Bloom)ngdale
Bon Ami,
.
aea—
5c
7-
8
(s-a)
7-15
8-
1
7-12
(quar.)
J37%c
8-
1
7-12
f31%C
8-
1
7-12
Borg
Railway
7-30
r
7-
Co.
&
7-15
1
10-
9-
1-2-50
class A
7-20
(George W.)
Boston
Edison
Boston
Personal
Co.
Corporation
(quar.)
7- 6
8- 2
7-
8
11- 2
10-
6
2-2-50
3
7-
7-15
7-15
7-15
6-30
(quar.)
(quar.)
quar.)**
(N.
(series of
8-
75c
8-
J
7-20
8-
1
7-20
10-
1
8-31
10-
1
7-15
1
7-22
7-
8
7-22
7-
8
7-15
6-15
$$2
7-15
7-
8
37%c
9-
1
8-15
12-
1
11-15
7-20
7-
8
50c
8-
1
7-11
25c
6-30
8-17
$1
50c
$1.12%
25c
7-20
8-1
7-
8-30
9-
8-15
7-
7-
8
7-
7-
8
7-
6-30
9-15
9-
13c
8-
1
7-11
7-15
6-30
1
$1.19
9-1
(quar.)**
40c
7-15
7-
1
7-15
7-
1
20c
8-31
7-29
(quar.)——*
56%c
25c
40c
8>-
8-10
1
7-15
10- 1
8-
9-15
&
1
7-15
6-30
7-30
5-20
7-30
7-20
7-30
7-20
8-
1
7- 7
15c
8-
1
7-
10c
7-23
6-18
25c
7-15
«- 8
87%c
—
8
25c
'9-14
8-15
35c
8-15
7-15
$1
10- 1
9-15
$2
common
10-14
$1.25
Electric,
com.
8- 1
7-20
8-
8
Co.—
& Texas Pacific
Ry.
$1 25
(quar.)
'
9- 1
8-15
30c
Homes
Co.
Clary Multiplier Corp.
Common (stock dividend)
1
7-
8-
1
7- 6
20c
(special)
8-
30c
(quar.)
Suburban
7-
$1
preferred (quar.)
City Stores Co.,
1
7-20
$1
(quar.)
7-
15c
(reduced)
1
12c
*
(quar.)
Cincinnati, New Orleans
&
1
6-28
5c
1917)
7- 5
City
7-15
5c
6-30
8- 2
1
85c
Y.)
7-15
1
7-11
(quar.)
(quar.)—
com.
7-15
: 9-
7-
1
37%c
West
Bank
Gas
Class A
7-15
8-
$1.25
Corp.—
(quar.)
i
South
preferred
5%
6-15
8-
8-15
Power
4%
preferred '(quar.)
Cincinnati Inter-Terminal RR.
4%
preferred (s-a)
7-15
7-
6
6
.
»
8-31
$50c
7-15
6-15
$1.50
6-30
6-30
50c
8-
1
7-15
50C
8-
1
7-15
7-30
7-15
$3
Cleveland
$4.50
Electric
preferred
Clinton Water Works,
Clopay Corp.,
4%
Illuminating Co.,
(quar.)
class
Coca-Cola
Bottling (N. Y.)_„
Coca-Cola Bottling Co.. of St. Lcuis
8-
1
1
7-
$10c
7-15
6-30
7-15
6-30
Combined Enterprises, Ltd., 5%
8-
2
7-12
Combuston
7-25
7-15
7-29
7-15
7-29
7-15
25c
7-16
7-
2
—
(quar.)*
Cochran Foil Co., 5% preferred
(s-a)
Cockshutt Plow Co., Ltd. (quar.)
Colonial Mills, Inc. (quar.)
Columbia Rexail Consolidated Mines
7-22
1
common
7-20
1
9-
9
$1.75
7-15
6-
7-11
6-30
50c
7-15
7-
8
25c
7-20
7-
9
7-10
7-
1
9-
8-
1
62%c
$20c
25c
1
1
7-21
7-11
6-30
Co.,
(quar,).
Electric
preferred
Co.
7-15
6-27
7-30
7-20
8- 1
7-
1
60c
7-15
7-
1
7-15
7- 1
Inc.—
(quar.)
common
(quar.)—
70c
8-
1
7-11
Concord Gas,
Property Trust
20C
7-21
6-30
Connecticut River Power,
7%
6-25
$$1.25
$1.50
(quar.)
Engineering-Superheater,
Concord
7-15
7-11
37%c
pfd.
Quarterly
Edison
2c
35c
Ohio Electric—
(initial)
Commonwealth
6%
12-15
8-15
50c
Columbus & Southern
New
12-21
10-
$4
8-
7-15
*
A
50c
7-12
55c
$1.12%
com
7% preferred (quar.)*
20c
;
pfd.
pfd.
7-
8-. 2
7-15
$10c
50c
7-25
1
$$1.75
•
u
Co
1
9-
6-30
25c
7-29
7
5-30
7-30
$10c
Inc.
Cincinnati
6-17
6-30
7-15
$$1.12%
Chrysler Corporation
6-30«
«
7-15
$17%c
(quar.)
Chickasha Cotton Oil.
Common
(quar.)
1
a- 0
Ltd.—
*
8-
$$1.75
25C
(quar.)
7-30
*
(reduced
$1
(quar.)
Brothers, Inc.
7-11
•7-11
$2%
Chesapeake & Ohio Railway Co.—
;
3%% conv. preferred (quar.)
Chicago Corporation (quar.)
Chicago Molded Products
12-13
6-22
1
8- 1
$20c
Ry.
Furd, Inc.*
Cherry-Burrell Corp., .common
4% preferred (qua?.)—*
4%
8-
$20c
;
Chemical
8
7-25
Y.
National
Chasers,
8-1
431c
$$1.25
$$1.50
Corp, (quar.)
tChain Store Investment Corp.—
4%% convertible preferred (quar.)*—
"Chase Candy Co.,:5% preferred B
(quar.)—
Chase
'
37%c
Ohio
Storage
preferred
&
:
$$1.50
,
—
6%
70C
Co.
6-20
$15c
.
Ltd.
50c
(quar.)
8-29
7-25
JB-19
:
$$1
Lumber,
Cllnchfleld
N.
Central
8-12
7-15
9-
$$1.75
r
common
9-15
j$i
Western
Cold
3.40%
6-30
$$1.50
(s-a)
6-30
t50c
Pacific
$25c
Ltd.,
9-20
(quar.)*
Central Ohio Light &
Power,
Extra
.7-15
1
45c
*
(quar.)
7- 8
6-10
Ltd.—
Agulrre Sugar Co
..Central
1
7-25
$3.50
(quar.)„
(quar.)
W.)
Cos., Ltd,
Central'Kansas Power, 4%%
,
7-20
7-5
40c
pref.
7-29
9-30
B
Central
/6-22
$1.50
(quar.)
12 %c
—-
$25c
Common
(quar.)
conv.
7-1$
6-30
$25c
40c
Inc.
4-30
7-25
Manufacturers,
Central
7-29
7-15
$37 %c
(quar.)
Hedges, $2
Foods,
Blltmore
8-15
$1.80
—
5c
Class B
5% pref erred, (quar.)
Benson &
62%c
Central Hudson Gas &
Electric, com.
1
40c
■
Co.
4-30
Co.,
Celotex Corporation, com.
5%
preferred (quar.)*
8-12
9-
8%0
—...
Watch
8-15
Power & Light, common
(quar.)—
Corporation (quar.)
Carpenter Paper Co., 4% pfd. (quar.)—**—
Carrier Corp., 4% preferred
(quar.)
Carson, Plrie, Scott & Co., 4%% pfd. (quar.)
8
15c
Extra
Benrus
6-30
62%c
7-15
"$25c
Dock
$1
preferred
4-30
7-15
A
Carolina,
.6-15
25c
(quar.)
$6
7-15
:$1.75
Carolina
9-15
7-15
$1.05
Apartments, $3 prior pfd. (quar.)
Corp.,
$1.17%
$1.50
Carpel
7-29
9-30
10c
common
6-30
(quar.)
Dredge &
Canadian
7-12
$1.50
Bell Telephone Co. of Canada
(quar.)
Bell Telephone Co. of
Pennsylvania (quar.)_
Belmont Iron Works (quar.)
Class
(quar.)
B
Blake
.
>
7-20
Ltd.—
50C
Belcyng-Corticelli, Ltd.,
V 1%
preferred (quar.)
Best
t75c
Westminster Paper Co.,
Ltd., class A (quar.)
Whitney
8-15
Light & Telephone Co.—
preferred
Class
38c
Corporation
40c
7-15
$18%c
Co.,
Cap well, Sullivan & Furth,
6% preferred (quar.)
8-
50 %c
,
(quar.)
1st preferred
Beneficial
class A
Western
$6
(quar.).
Canadian Western Natural Gas
1
8-
30c
(quar.)
Works Corp
Beaux-Arts
4-15
$32%c
7-18
$1
—
Bathurst Power & Paper Co.—
Class A (quar.)
8-19
8-
8-1
,
7-15
t
8-
30c
(quar.)
8-15
Bros.
7-l§
75c
(quar.
1
$2.50
7-18
1
$1.50
—
Mfg. Co., common
preferred (quar.)
Bartgis
1
1
2
9-
$25c
pref.
4-30
6-2?
8-
com.
8-
$22 %c
common
(quar.)
Securities Corp. (Philadelphia) —
participating preferred (accum.)
(N« Y.)
6-30
7-14
Forglngs, Ltd.—
Converters
Class
7-14
7-14
8-15
8-
pfd.
25c
8%C
7-15
7-13 '
8-
6%
1
$1.75
1
(quar,)
6-30
7-14
6-3Q
6-30
6-30
8-
4%
non-cumulative preference
(s-a)
Canadian Refractories, 4%%
pfd. (quar.)
Canadian Wallpaper
4
6-3Q
7-14
$20c
—
8
7-
10c
—;
1
$1
United Fuel
7-
Corp.—
8-
$4
7-21
class
1
7-28
7-14
$38c
Bronze, Ltd,, common
5% preferred (quar.)_
Canadian
7-15
$37Vic
Oil
6-24
8-
6-30
1
...
(quar.)
&
.'Canadian
1-21
7-11
7-20
8-
*—
Ltd., common (quar.)
7% preferred (quar.)
Canadian Investors Corp., Ltd.
(quar.)
10-22
1-31-50
8-15
(quar.)$20c
common
Industries,
7-22
1
40c
(quar.)——
7-23
1
Ltd.,
(quar.)—
1
11-
$1.50
(quar.)
Barcalo
8-
Corporations,
8-
$1.50
$25c
Barber-Ellis of Canada, Ltd., 7%
t56%c
;
Briquet, $2 conv. preferred (quar.)
Sunshine Biscuits, Inc." (increased)
Super Mold of California (quar.)
United
6
93 %c
7-15
50c
(quar.)
Pump
8
7-
Inc.—
7-13
40c
—
Btott
&
7-
7-15
$30o
(initial)
(quar.)—
7-18
7-20
Tank
7- 7
7-19
9-15
■
50c
Canadian Fnirbanks-Morse
Co., Ltd.—
6% preferred (quar.)—
Canadian General Investments, Ltd.
Bankers
7-15
Oil
1
$1.25
—
common
1
1
Tokheim
8-
10- 7
7-14
(irreg.)....
(s-a)
Co., Ltd.—
Common
1*
7-
7
10-28
50c
Common
.7-20
7-15
7
7-
$2.50
(quar.)
Canadian
Co.—
Co.
A
Class A
6-15
1
$12 %c
.
i
6-30
7-15
8-
$1.12%
(quar.)_
Realty Co.
1
7-30
& Co., Inc.
7-15
$
10-
7-28
$3.50
.....
Canadian
5
$$1.12%
(quar.)
preferred (quar.)
8-
50c
P.)
7-15*
$15c
preferred
Bath lion
Dredging Corp.—
preferred (quar.).
Stevens YJ.
8-
7-
10-28
$1.50
Canada Northern Power Corp., Lid.
(quar.).
Canada Southern
Railway (s-a)
..........
,7- 8
$1.12%
40c
conv.!
Standard
-
7-29
7-29
J150
commen_______
,
Standard
Class
;
preferred
6%
Mills, Ltd.,
preferred
Class
(quar.)
(quar.)
Bangor Rydro-Eiectric Co..
1
Linen
,,
5
8-31
$1.12
8-
t25c
7-
$56%o
;
$6C
Ltd
7-15
15c
Power—
$5
Porcelain
(s-a)
62 %C
8-
,
,7-15
$1.50
preferred
Co.
2nd preferred
$1.30 preference
.^Canada'Foundries
r6-20
7-15
6-28
7-15
7-28
25c
12 %C
Stores
&
$5
non-cum.
5%
Inc.—
f25c
_*_*
7-15
8-1
6-28
6-28
25c
'
Camden Refrigerating & Terminals Co.—
Common (s-a)
k
87 %c
(quar.)—
1
8-1
$1.25
■j,
$1.20
Bankers Trust
V
8-22
i
1
$1,50
25c
Z.
9-
7-15
25c
.-Canadian
*
8-18
25c
T
7-
6-28
$1.75
7% preferred (quar.)
California Packing Corp., common
(quar.)
5%
preferred (quar.)
California Portland Cement (quar.)
6-30
7-15
50c
,,
preferred A
Nichols
Baldwin
9-15
8-
7-15
$1.75
(quar.)...
Refining
Baltimore
(irreg.)
7-11
25c
4
7-15
7-18
7*
7-25
6-28
7-15
fractional
participating
participating preferred (s-a).
cum.
participating (s-a)
Oregon Power Co.,
$4.70 tpreferred
(quar.)
6% preferred (quar.)
7-14*
1
50c
America,
(quar.)..
on
Calaveras Land & Timber Corp.
r8-16
10c
,7-15
"8-
7-
8-
7-15
$$3.50
;
pfd.
dividend
Common
Corp. (irreg.)_—
Avco Mfg.
Corp., $2.25 conv. pfd. ,(quar.)_
-Baldwin Company. 6%
preferred (quar.)
Baldwin Locomotive Works, common
^uar.)
7% preferred (s-a)_'
7-20
20c
Co./(irreg.
Company,
1
25c
Shirriff's, Ltd.,/5% preferred (quar.)__
: 24c participating class A (quar.)
South am
8-
7-29
$2.25
Co
convertible prior preference
Automatic Voting Machine
v
8-15
J20C
common
Curr
1
50c
(quar.J—
&
8-15
9-
50c
$1.25
•*._
Ltd.
(no
common
non-cum.
7%
5
.7-20
4-20
..
7-15
$25c
common
Canadian
prefeired B (quar.)
Steels, Ltd
Austin
Co.—
Sharp & Dohme, $3.50 preferred (quar.)
Sibley, "Lindsay
,9-1
of
Co.,
Chain
conv.
Atlas
7-15
9-15
756
1st
4%
$3
1
$1.75
3.75%
6-30
1
$1.25
Candy Shops
Banknote
8-
50c
20c
Pt. Paul Fire & Marine Insurance
Quarterly, 1_"
$1, preferred
•
6-30
25c
...
Corp., 4%%
Corp.,
Atlantic
7-18
75c
Cement, $5 preferred (quar.)—
10c &'25c Stores, Inc. (quar.)
Ryerson & Haynes, Inc.—
Secord
7-20
55c
5c,
Security
"
7
8-31
7-26
$2.50
___
(quar.)___
Racing Association,
9-15
$1.50
_
Riversidd
Rose's
30c
,
7-25
7-
'
Raymond Concrete Pile Co., com.
t
$3 preferred
(quarJ—
Revere
7-14
(quar.)
com.
(quar.)—
4.40%. preferred
7-30
25c
i
7-11
10c
5% preferred (quar.)
Atchison, Topeka & Santa Fe Ry.
Atlantic City Electric (quar.)
.
preferred
Co
6
7-18
30C
preferred (quar.)
7%
2nd
preferred
(quar.)
Associated Telephone
Co., Ltd.—
4% %
preferred (quar.)
!
8-31
Co.
Steel
6%
7-28
37 %c
(bi-monthly).^
Associated Dry Goods Corp.,
;
Class A
Class A
5
7-
1
10c
(quar.)
....
(quar.)
Smelting—
(quar.)....
Electric
Edison
Associated
7-15
7-25
Co.
preferred
Asbestos
7-21'
7-15
1
8-
$30c
com.
Company, 7%
Canada 'Cement
i
preferred (quar.)
Corpcration, Ltd.,
Arizona
8-15
7-
$1.12%'
common
Cable
&
4%%/convertible
50c
RR
Investment
Seton
$4.50
6-24
8-
M.)
8-15
8-31
,
(quar.).
preferred (quar.)
Appalachian
7-15
7-1
25c
.
(quar.)
River
Trap
;
(A.
7-15
25c
.Common
4% %
Inc
Wire
(quar.).
8-
$30c
preferred (s-a)
Corp.
shares) —
Co.—
Anglo-Huronian, Ltd.
Eusch, Inc
5%
7%
&
preferred
A
Common
97 %C
common
Anheuser
Animal
Butterfly Hosiery Co.,. Ltd,,
1
$1.50
preferred (quar.).
1
preferred (quar.)
Angerman Company, Inc.
Anglo-Canadiah Telephone Co.—
4%% preferred (quar.)
'7-13
Byrndun
10c
,
Ccrp._
Lead
25c
1
J30c
$1.50 list preferred (quar.)
80c 2nd
partic. preferred
California Electric Power, $3
6%
7-12
1
25C
/
5c
Pennsylvania Salt 'Mfg. Co
.*:
Pharis Tire & Rubber (liquidating)..
Pick (Albert) Co.,
Inc., 5% pfd. (s-a)
;
7-30
Byers
7-22
7-
7-
$30c
California
6%
Co.—
(initial)
Hudson
Pennsylvania
.
8-
Mfg.
Penn
-
112%c
75c
Co., Ltd., common
preferred (quar.)
Pa ton
$4
{8-31
_■
*
Service
preferred
Packard-Bell
Paterson
;
1
6-20
7-15
7-26
7-25
15c
Caldwell
6% preferred (quar.)—
^
-
'
(quar.)—
***„;
Public
$1.30
8-31
7-15
8-
1
7-
8-16
$25c
(irreg.)
(participating)
(participating)
8-31
Hocking Glass Corp., common.,..
Post,-Products, Inc.!,
■/•, ,/t
Anchor
8-31
10-
prior
Anchor
8-31
1
1
*
:
,
York
Pacific
1
10-
10-
Zinc,
Anaconda
:7-15
$1.50
_
$5
7-15
1
-
preferred (quar.)*
England ..Confectionery Co
i
„
1
t$ 1 75
(quar.)*
New
Engineering
(,
10-
_*,
.*
New
Northwest
1
175c
convertible
Co.,
7-
8-
1st pfd. (s-a)
preferred (s-a)
Merchandise
-7-15
American
'
7-29
7-15
75c
.
(quai.)
class
6-30
American Telephone & Telegraph Co.
(quar.)
Thermos Bottle Co.
(extra)
American Woolen Co.,
7% pfd.
1
125c
**
.
7-
t$1.75
(quar.
Company (quar.)*.
National Stamping Co. (quar.)—
Neisner Bros., Inc—
'
,'6-30
7-15
8-
—J
;
.**.
7-20
$1,10
preferred
7-15
1
7-15
50c
$1.50
9-15
1st
5%
7-16
10C
Phenolic
8-
1
25c
7-15
American
.,6-30;
»:
Lock
4%%
8
7-16 ;
;$1.20
Mills, Ltd.—
2nd
7-
;6-30
7-10
"
Corp'., 5%
non-cum.
National
1
1
7-10
15c
(quar.)—
Strauss-Duparquet, Inc.
Battery
88-
1
to
Smelting & Refining Co., common
preferred (quar.)
American Telephone Co.
(Abilene, Kan.) —
7%
8-
3
,
Insurance
Gas,
6-30
t$1.50
30c
Co., Ltd.
(quar.)
Natural
7-15
Co.—
$1.12%
changed
American
7-15,
8-
Class ;A
Corp.
Fire
6-30
$40c
Byron Jackson Co. (quar.)—.
common.—
Co.,
1
(quar.)
B
1
—
Quarterly
American
7-15
-
25c
pfd. (quar.)—
"(quar.)—_*_—*_*_
Co.
7-25
1%C
(quar.)*___**—_*L_
Rice
Standish
7-31
r
75c
;
(Montpelier, Vt.)
6%
preferred (quar.)
American News Company
.
Class
9-
50c
;
preferred
American
,6-30 '
6-30;,
l%c
(quar.)
(quar.)——
*i.
/
7-15
7-15
5c
preferred
A
preferred
National
v
4%%
Metal
American National
7-30
(quar.)
common
redeemable
3%
;
7-15
4.40%
B
1
81
125c
(quar.)—
7%
Mount
6-30
1S1.25
.'
(quar.)
Maize-Products
American
6-30
Ltd.—
common
Power,
"
Myles
7-15
7-15
.
American
6-30
pref.
pref.
$1
Products
Ice,
7-
8-
(quar.)—
$1.25
,
7-15
20c
(s-a)—
preferred
7%
6-30
Class :A
A
75c
„_T
6%
American Machine & Foundry Co.
3.90% preferred (quar.)
13 %c
(quar.).—
Bakeries,
Monongahela
.
7-18
$1,061/4
*
Co. "(quar.)—.1——!
Stores, class A (quar.)
(quar,).
1
B
McKales,
l"
1
7-15
8-15
25C
(year-end)
Corp. (monthly).
preferred non-cumulative
Home
American
.
*
Class
*
8-
5c
Electric
McFadden
Moore
1-18
;
—
Chemical
preferred
4%
1
American
9
9-10
$1
Americap Hide & Leather
-25c
.
Mailman Corp.,-Ltd., 5% pfd.
(quar.)—.
Marshal'Field & Co. "(quar.)——
5%
8-
—
.
Maul
7-
County Gas & Electric—
4%%
preferred (quar.)—;
Mading Drug Stores, common (quar.)*;
v 55c preferred (quar.)——.
•v
7-15
3
...
10c
——*******
*
1
8-
50c
—
"
Theatres
Hoomis-Sayles
.
8-
1$2
,15C
(accum.)—
Class
15c
Temper
j6-3G
$15c
Burns &
25C
>
.
6-20
75c
American Gas & Electric Co.—
Increased
quarterly
1__
1
(see Secord Laura Candy Shops)
Co., Ltd., 6%
Luzerne
.
6-27
7-20
12 %c
4%%
8
7-12
7-15
Class B
(N. Y.) (quar.)
preference (quar.).
Effective July 1 name was
;7-15
7-15
preferred (quar.)
Co., Ltd.—
7-27
Fidelity & Casualty Co., Inc.—
Fidelity Co.
True
10c
.
Distilling Co.
2
7-15
i%c
37 %C
__L—
Quarterly
7-15
6%
8-
40c
3%c
15c
Allegany County
American Fork & Hoe Co.,
9-15
$1.75
_*
,
,J
10c
V
of
$50c
93%c
(quar.)
75c
(quar.)
Co.
-
7-15
34 %c
*-
Leg a re
Co.
6-20
6-20
ExtTa
7-20
6-35
7-15
7-15
4%c
B
15c
Can
American
7-11
;
$1.50
*—*„—
Ha Luz Mines, Ltd. (resumed)
Lane Bryant,. Inc.,. 4%%
pfd.
8-
1
8-
Class
$250
Coal
American
8
Holder$
7-15
$12%c
Extra
1
7-
15c
Quarterly
$1
-
9-15
8-
7-15
(quar.)^
pfd. (quar.)
Corp. (quar.)
American
1
8-15
(irreg.)
4%
-
10-
15c
Co.
(quar.).
Light Co
preferred (quar.)_
Budget Finance Plan Inc.,
Canada, Ltd.—
American
,7-15
.
{
Cement
of
American
7-25
8
50c
.
8-25
1
Co.
$2.50
American Bosch Corp., common
5%
preferred (quar.)
7-15
8-
6% " 1st pfd. (quar.)
(quar.)—
Co
>
Laura Secord
•
,7-15
1
$1.06%
preferred
Forge:
7-30
8-
8-31
20c
_
_*_
*
7-
i—
Petroleum
American Alliance Insurance
American Book Co. (qunr.)
7-15
1
(quar.)—
(quar.)_____—*_
preferred
Company,
2nd
Kropp
/,
(quar.):
common
& Light Co.—
(quar.)—
Stores,
$1.37%
Kroger
7-11
1
8-
7-25
When
$32%c
Brockway Motor Co
Brompton Pulp & Paper Co., Ltd.
Buckeye Steel Castings, common
7-15
3C
common
com.
6%
Corp
Corp. (Va.)
(quar.)
Amerada
Power
preferred
Kobacker
7-15
8-
$1.12%
—
Central
4%
»•
55c
7-15
30c
■V*
preferred B
__*
Knitting-Mills of Canada, Ltd
Jantzen
.
Co.
1
2c
(quar.)
preferred A (quar.)——
jersey
T
75c
-
common
preferred ""(quar.)
Ironrite
!
(accum.)
Co.—
Corp.,
8-
$1
7-25
25c
preferred (quar.)
Amalgamated Sugar, 5%
i
45
Payable of Rec.
tioc
*
(quar.)
Appliance
Corp.,
Portland
Aluminum
Brockton Gas
5
15c
Gas
Industries
Alpha
9-30
'
Hutchins
&
Allied Stores
7-20
1
Oil
Stone
Allen
9-15
7-
&
Electric
7-25'
7-15
7-20
Inc.—
Co.,
Alberene
7.-11
1
Penn
British Columbia Telephone
6% 2nd preferred (quar.)
1
7-25
7c
(reduced)
Canton
8-
$1.25
1
Equipment,
Air-Way
9-30
$1.12%
F.)
AH
8-
$1.37%
Inc
Inc
(Interim)
Bridgeport Hydraulic Co. Yquar.).
Bristol-Myers Co., 3%% preferred (quar.)__
British Columbia Forest
Products, Ltd. (s-a)
British Columbia Power, Ltd., class A
redamD-
Inc. (quar.)
Youngstown RR. Co.—
5%
preferred (s-a)
i
Alberton Corporation
7-18
(quar.)_
Straus,
Reduction
Akron
7-15
7-30
Common
Air
7-30
20c
62 %C
4%%
pfd. (quar.)
Co., Ltd., class A (quar.)
Houston Lighting & Power Co.—
Hartz
7-30
30 c
:
Gas
7-18
*
Oil
(A.)
7-30
62 %c
Co.
Fund,
t
50c
Utilities
Corp
Pump?, Inc.,
(C.
8-13
1
&
Affiliated
7-15
9-
Abraham
Affiliated
6-30
7-25
m
pfd. (quar.)
(quar.)__
Corp
Public
General
4%
Inc., common
(quar.)
preferred
Gearench
Ltd.,
7-15
15c
(quar.)
Per
Share
Ltd.
Cordage Co., Ltd.,
$1.30 1st preferred (quar.).,
Brantfcrd Roofing Co., Ltd
Holdera
Payable of Rec.
$21c
Series A
Mines,
Brantfcrd
Co., Ltd.—
preferred
Aug.
When
Share
& Paper
Foundation Trust Shares—
Franklin
„
t
'■
Name of Company
Bralorne
week, these being given in the
Company
Pov/er
$2.50
Corp.—
(quar.)
this
Per
(see Marshall Field)—
(s-a)
(145)
we
preceding table.
Inc.—
preferred
California
Machinery
3%%
Below
CHRONICLE
give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
Share
Employers Group Associates (quar.)
Fedders-Qulgan Corp. (quar.)
Federal Grain, Ltd., 6%% pfd.
(accum.)
$1.20
Holdert
FINANCIAL
25c
Name of Company
Federal
When
&
preferred
(accum.)
8%
pfd.
*
(quar.).
75c
8-15
7-30
$1.50
9- 1
8-li
46
Pcwer & Light—
preferred (quar.j
$2 preferred (quar.i
_
$2.20 preferred (initial quar.)
Connohio, Inc., 40c preferred (quar
Consolidated Bakeries of Canada, Ltd.—
Connecticut
Heating
Car
(quar.)
—-
77-
5
l
7-
5
10-
l
9-20
8-
1
preferred
$5
Ltd.
ada,
$1.25
(quar,)
7-15
$$3.50
-25c
150c
Extra
(quar.)—
Ltd. (s-e)_Consolidated Royalties, Inc.—
Co.
Consolidated Paper
—
Consolidated Paper Corp.,
•
"
9-
Corp—
preferred .A (quar.)
Corrugated Paper Box Co., Ltd., common—
5%
prefexred (quar.)
Courtaulds, Ltd.—
American
deposit receipts
for ordinary
6-
8-31
8-19
8-
1
6%
8-19
6-30
75c
7-22
$5
<90c
8-22
7-25
7-
1
$1.75
7-15
7-
1
(final)
Zellerbaclx
Crown
—-
8-
7% pfd. (quar.
5% pfd. (quar.).
$1.12'A
' 25c
Ltd., class
Leather Co.,
(quar.)
Glassine
*■
Light (quar.)
(resumed)
Mfg.
Dennison
Co.,
A
common
1
,_*—_
debenture stock
*8
Yard
Union Stock
Denver
Detroit Edison
(quar.)
1
8-
8-
1
5
7-
7-
5 %
Co
9-
$4.25
'
8-15
pfd.
6-24 ;
7-11
8-15
8-10
(quar.)*—
(quar.)
11-15
*- 9
a-i-so
'
•
$1.50 convertible class A prefererce
Dixie
Inc
Shares,
Dividend
Stores
Home
•
Co., Ltd.—
Disher Steel Construction
.
.
2
8-
1
10c
20e■«
U7'Ac
*——
—_*
8-
7-15
8-
'1
Domlnlcn
& Anglo
Investment Corp.,
preferred (quar.)
5%
Ltd. (quar.)
Ltd.—
Bridge.
Dominion
:
Dominion Coal Co.,
Ltd.—
I'..'J,—
'
(accum.)_____
Dairies, Ltd., common
5%
8-31
8-25
8-
7-
3
7-15
7-J5
Dominion
convertible
Gas
(quar.)__X*''
preference
preference (quar.)
Electric, 4% pfd.
&
(quar1.)
Glass Co., Ltd., common (quar.).
preferred (quar.)—
Dominion Malting Co., Ltd., common
5%
preferred (quar.) ±.
Dominion
7%
Oilcloth
Dominion
5 %
Linoleum
&
Dominion-Scottish
$5
Dominion Steel & Coal,
Ltd., class B
Dominion
Textile
Dominion
7%
(quar.
_
Drexel
<lu
Co.
Drug
Co.
Furniture
(E.
Pont
1
3
7-
Grafton
8-15
7-
1
6-15
8-
7-15
1
9-
1
1
11-15
7-15
7-
7-
7-1
9-
8-19
20c
7-15
7-
5
$1.12'A
7-25
7-
8
87 Vic
7-25
7-
8
8-
1
7-15
9-
9
8-19%.
1
1
preferred
preferred (quar.)
(quar.)
Duccmmun Metals & Supply
Dun <5: Bradstrect,
common
Co.
(quai^
(quar.J-fc^.
Dunlop Rubber Co., Ltd. Amer.
ceipts for ordinary (annual)
deposit
7-11
:
5-20
25c
7-30
Halle
5-20
$1
8-15
8-
E.
$4
6-28
N.
W.
C.
Transportation
Electric Co. (quar.)
East
Coast
East
Pennsylvania
6%
1
-
30c
7-
7-19
7-1
$$l
____
7-25
$1.50
1
7-15
Eastern
'4%
:
6%
6%
-
6%
-J
6%
Bakeries,
Ltd.—
Massachusetts
(quar.)
*_
preferred B (accum.)
preferred B (accum.)_
Nut Corp. of America
Ekco
Products Co.,
4'A%
8-
30c
8-
$1.12Vi
8-
(quar.)
St-
Phonograph
_*__^
(ouar.)___
Empire Brass Mfg.,
class A (quar.)
Corp. (quar.)
:
Empire Southern Gas Co. (quar.),™*
Empire Millwoxk
,
60c
Class
B
_
Cotp.,
class A
—
80c
preferred (quar.i
$1.50 prior preferred series A (quar.)
•
30c
$25c
...
;
Steam
Co.
Corp.
4 Vi %
'
.
.
7-15
15c
Inspection
Si
7-19
8- 1
40c
Boiler
7-18
60c
683Ac
7-15
preferred
$l.l2'/a
Industries
Inc.
6-28V
Hercule3. Powder, Co.,
6-28*
Hercules
(quar.)_
7-15
25c
'
21Vic
7-15
(quar.)
7-25
I
7-15
1
Hecnt
Company,
,
7-
6
7-15
r
7%
preferred
Steel
/
(quar.)
5%
Products
preferred A
(quar.)
*
40c
933ic
7-30
;
—
preferred
Co.,
(quar.)
8-15
5c
7-25
3-
•
7-15
7- 1
»
Monthly
35c
1
25c
8-15
7-29
25c
8-15
7-29
20c
8-15
7-29
Hines
37 'Ac
8-15
7-29
Hoe
t
•>
>
i'
:>
(Edward)
(R.j
■
'
Lumber
(quar.)
Co.
-
f
25c
7-15
8- 1
7-15
50c
7-15
7-1
$1
7-15
6-30
'
,
•.
i
•
*<•
f
'
■
'•
.v
/. i'f
7-15
8-
1
1
20c
7-20
8-
1
8•
1
6-30
7-15
7-
7-15
6-18
1
8-15
9-
1
9-
I
8-15
7-15
6-30
7-30
7-
6
7-30
7-
6
7-26
7-
9
7-15
6-30
8-
out-
redemption
Fund,
series
plus
thi3
B-3
1
49c
7-15
6-30
7-15
.6-30
40c
(quar.)
common
'■
-•
•
7-15
6-30
7-15
;,.6-30
V';*
1
'37'Ac
^10-
9-21
37'/aC
1-2-50
12-22
37'Ac
-
1
4-1-50
3-22
8-25
8-15
:
pfd
(quar.)__*
15c
8-
$1.50
7-11
1
Woods
9-27
9-21
12-28
12-21
60c
25c
9-1
8-
.9-1
8.
1
25c
7-15
7-
8
30c
Corp.
(quar.)
Sons,
3.85%
pfd.
Cement
Mines,
Co.
Lion
Lit
(quar.).
■»
6-30
7-20
7-
9
8-
1
7-15*
8-
1
7-15
1
50c
9-
*
common
+2c
8-15
(quar.)
50c
7-15
(quar.)
Ltd
$1.12Vz
8-
(quar.)
_
8-10
7-29
7-
1
30c
1
7-20
7-31
j25c
6-30
8-
1
7-23
10-24
8-
1
7-14
87'/2c
8-
1
7-14
3 7'Ac
7-10
6-30
$1.25
Company—
(accum.)
,
Co
7-10
6-30
com.
(initial
8-
quar.)
1
7-15
$1"
■
9-
1
7-
I
7-1
8-
4
37V2C
;
common
RR.
$$4
*• 40c
2111'
(quar.)
Co., new
Miami
7-23
1
&
preferred
Co.
1
11-
50c
(quar.)
W.)
(C.
8-
30c
(quar.)
Brothers;
Little
.
6-30
7-11
96'Ac
—
preferred
Oil
6-30
7-11
30c
Belt
.
6-30
7-15
50c
(quar.)
Ltd
Corp.,
7-15
45c
$1.50
•
(quar.)
Tire
Line; Material
Link
1
7Vic
;_
(quar.)
National Life Insurance
6'A %
8
5C
preferred
Common
£%"
8-10
8-10
j4oc
Printing Co., common
$3.50 preferred
(quar.)
Lincoln Telephone & Telegraph—
,
7-
8-31
1
$$175
& Co.
Brothers,
Lindsay
7-15
35c
_1
Portland
9-
Milling Co., Ltd.—
& R.)
St
8-10
7-11
$1.12'/3
University
*
1
1
$1.12'/2
(quar.)
(F.
9-
50c
Lincoln
7-15
6-30
25c
.
7-25
7-11
Co.
Original capital
Original capital
9-10
1
.
$1 10
8-23
12-10
-
11-24
,
Original capital
Special guaranteed
(quar.)
50c
9-10
8-23
Special
guaranteed
(quar.)
50c
12-10
11-24
Special
^
guaranteed
3-10-50
2-21
$i i0
J
'
(quar.)
50c
—
3-10-50
Little Schuylkill Navigation RR. & Coal Co.—
Semi-annual
Lock
Joint
7-15
Candy
2-21
6-10
Pipe Co.
8% preferred (quar.)
8% preferred (quar.)
Loft
(quar.)
•
for
share
per
All
Extra
7-1:
'
'7-11
.
Works, 6% prefexred (quar.)
& Company (quar.)
Quarterly
7-19
$1.25
(quar.)
St Co., Inc., $4 class A
'
7-29
_
7-18
1
7-30
*
25c
—
Higbee Company, common
5%
preferred'(quar.)
called
$53
Corp.,
Stores
Lincoln
7-15
(quar.)
Bartlett & Co.
Hibbard,- Spencer,
at
-
•
Mfg. Co.,
preferred A
4V2 %
7^15
;
common
1
12c
Gold
Lewis
7-8
..
8-
8-
8-
■
I
(James)
Lehigh
8-3
7-30
6-20
7-,,l
31'Ac
Co.,
Extension
Lerner
7- 8
$1.25
,
11-10
$4
'
dividend).
preferred
Leitch
6-30
7-15
common
1
"''40c"
Rubber
Lees
6-25
8-
12-
29 'Ac
(final
Custodian
Extra
Lee
7-5
15c
*
7-19
8-10
87'/2c
•
...
(quar.)
preierred (quar.)
Lazarus
5
25c
Hayes Manufacturing Corp
1
1
$1
(quar.)
Service
shares
1
the
LaSalle
7- 5
.
i_-_.
Inc.__
"
(quar.)
preferred A (quar.)
Company (quar.)
$1.80
...
7- 5
7-15
25c
_7—
2nd pfd; A (quar.)_
B
(quar.)___
Superior & Ishpeming RR. Co.___*___
Langer.dorf
United Bakeries,
com.
(quar.)
7-14
8- 1
7-19
8-
87'Ac
*
Water
of
7%
•
(quar.)
1
9-
.$1
933Ac
Common
::
7-
9-20
8-
25c
Lake
Insur¬
(quar.)
6-30
9-29
30c
(G.) Brewing Co. (ouar.)
Laclede-Christy Co. (quar.)
6-28
7-15
'
6-30
37'/ac
Krueger
Lake
6-30
6-30
6-23
.
Public
(S. H.)
4'A%
of America
9-
7-30
30c"
7-15
9-15
7-15
7-21
Island—
(quar.)
Company—
4'/2%
7-6
7-15
50c
Eiectric,: 5% preferred B
4Vi% preferred C (quar.)
5% preferred D (quar.)_
Hayes
7-20
10-15
75c
.
S-4
Kroger
;
•
$1.50
I
6-15
13c
(quar.)
series
preferred
Kroehler
7- 8
$1.12'A
7-15
9-
8-
6-30
7-15
■
T
>.
Marx
7-15
7-15
r
,
20c
Co.—
7-15
60c.
6-24
7-15
"9-15
30c
preferred
Kress
6-24
7-15
>
•
&
7-15
70c
(quar.)
5
i5C
Rhode
Mfg. Co.
preferred
Kokomo
11- 1
1
of
7-
(s-a)_
preierred (quar.)
$1.50 preferred
(quar.)
$1.50 preferred (quar.)
Knudsen Creamerj Co., 60c
8-1
9-1
12-
6-30
J75c
Inc
Extra
'
J25c
7-15
7-15
$75c
(quar.)
(quar.)
$1.50
7-15
J75c
pfd.
conv.
Refractories
1
'
Employees Credit
Shaffner
3%%
._*
Ltd.
8-15
'
;
preferred (s-a)*
Mutual Fund,
Kirsch
7-15
8- 1
8-22
6-15
t$l
quarterly basis
a
King-Seeley
9-20
8- 1
on
Series
7-15
50c
:
$2.40
9-21
1
15c
___*
<
(accum.)
Co.,
7-11
50c
1
8- 1
$25c
Hawaiian
7-15
1
lm
(quar,)____
preferred
1
10-14,
1
(quar.)
common
Ely St Walker Dry Goods Co.
7%' 1st preferred (s-a)
6% 2nd preferred (s-a)
Radio
15c
9-15
10-
preference
Keystone
1
75c
(quar.)
Hartford Electric Light Co. (qusr.)
7-15
11- 1
; $1.50;
v
9-
►'
9-10
7-15
J60c
(quar.)_
Ltd.—
Mutual, Inc..
dividend.
6-20
9- 7
50c
preferred (quar.)
12- 1
8-1
$1.50
:
(quar.)
Co.,
Elgin National Watch .Co.
Emeison
9-15
12-15
$2
preferred
Boat
$1.50
$1.50
Elastic Stop
Electric
preferred
Hart,
Hat
'
,15c
$30c
:
Brothers
ance
Ry.—
preferred A (quar.)
preferred A (quar.)
Works
Ltd
Co..
Foundation,
standing
on
Aug.
8
8-
6-15
$1
40c
convertible
7%
V
Realty Co. of Canada—
Hartford
preferred
participating
Eastern
(s-a)
8-15
6.30*
35c
(quar.)
pfd.
preferred
$1.25
6-30
7-15
1
6-27
7-15
$37&c
(quar.)
Corp.
Kewanee
'
Harrisburg Gas, 4'/2% pfd. (quar.)
Harrisburg Hotel (Pennsylvania)-,
Harrisburg Railways Co. (s-a)
6-30
9
„
RR.
8-
7-20
Y.)—
Company, Inc. (quar.)
■Harbison-Walker
6-22
St
(N.
nen-cum.
Guardian
6-15
(quar.)
Engineering
Felt
L.)
8-26
25c '
56Vic
Co.
preferred (quar.)
Griess-Pfleger Tanning Co. /quar.)*.
Gypsum Lime & Alabastlne of Canada,
Quarterly
7-18
7-15
—__—
pfd.
Dfright Mfg. Co.*
T.
West
7%
$1.25
Corporation (s-a)
Light Co., 5% 1st
25c
*
7-15
7-11
,
6-30
30c
Quarterly
9-20
7-11
Duquesne
Lakes
(H.
re¬
12%
Co.
9-
6-30
40c
*"
4%
Participating preferred
Participating
8-25
7-15
9-10
7-31
; $1.50
(s-a)_*
com.
convertible
Now
11-25
10c
I
8-12«
Greenfield Gas Light—
.
9-30
——3 %
Bonus
Duplan
17c
30c
9-15
12-15
.
Green
6%
$1.12Vi
t25c
-
American Insurance
Great
1
9-10
1
7- 9
7-f5
|25c
(quar.)__
(quar.)
Great
'
4'A%
Ltd., class A
Union
Quarterly
8-
"
8-10
1
9-
8-15
7-30
1
5
8-15
(quar.)
Inc
Great
7-15
(quar.)
(quar.)
$3.50
A
Industries,
1
7-15
$1
81'Ac
9-15
9-15
7-
9-
10-
40c
;
7-15
8-15
$1
$1.25
(quar.)
Grayson-Robinson Stores—
Common
(increased quar.)
$2.25 preferred (quar.)J
8-15
12-
t
40c
Grand
de Nemours & Co.—
I.)
$4.50 preferred
37'/2C
$1
(quar.)
(quar.)
& Company,
Class
2
7-15
9- 1
7-15
f50c
preferred
preference
Gotham
Hosiery
8
9-15
convertible
9- 1
8-15
7-15
20c
/. $1.25
(quar.)
Jeplin Waterworks, 6% preferred (quarT)T 1
$1.50
JOurnal Publishing Co. of Ottawa, Ltd.—
Quarterly
—_—*
*1
' J20c
Kansas City Power & Light, 4% pfd.
(quar.) ;$J,
3.80% preferred (quar.)
95c
Kansas City Southern Ry., 4%
pfd. iquar.) " •
$1
Kellogg Switchboard & Supply Co., com
15c
5%
preferred (quar.)
$1.25
Kennedy's, Inc., common (quar.)
30c
7-18
8- 1
:15c
7-15
1
8%
7-8
7-1
7-1
7- 8
7- 8
7- 9
7-20
6-27
8- 1
8-15
..15c
25c
6-29
;8- 1
8-
2nd
6-29
$1.12'/a
50c
7-29
50c
1
Johnston
6-29
6-30
6-30
6-30
25c
25c
1
Johnton & Johnscn, 4%
,
7-15
Co.,
Ltd
'
6-29
7-15
8- 1
8- 1
8- 1
8-15
8- 1
7-25
8- 1
7-25
7-25
7-20
Brothers,
4%
8-15
8-
'
:
7-15
7-11
.6-21
1
8-
Goodyear Tire & Rubber Co. of Canada, Ltd.—
15c
(quar.)
(quar.)
(quar.)
preferred
$5
6-30
8-
40c
(quar.)
(quar.)
common—
common
Grand
preferred
2nd
$3.25
8
9-
$$1.75
$25c
$15c
$15c
Woollens
preferred A
$4
Dow
8
7-
Co. Ltd.
(quar.)
& Worsteds, Ltd..:
Dover
Industries
(quar.)
Quarterly
Dow Chemical Co., common (increased)
.
7-
1
7-29
$25c
$37Vic
$25c
(quar.)
Ltd.
preferred
Dominion
1
8-
$40c
(quar.)
Ltd.
6-28
8-
$$1.25
;
'
-8-
Jersey Farm Baking, 4% preferred (quar.)_
Jewel Tea Co., 334% preferred (quar.)____
Johns-Manville, 3V2 % preferred (quar;) _r_*
.7-11
7-11
t$2.50
•
$1.50
$1.37'/2
$1
t20c
1 $1.25
62V2C
$1.25
.
$$1.62'A
preferred (accum.)
Stores,
6-28
Ltd.—
Investments,
Dominion Tar St Chemical Co.,
9-15
7-15
'
1
(quar.)
Inc., common (quar.)
.i
$4.50
preferred (quar.)
iGladding, McBean St Co, (quar.)
Godman. <R, C.) Company
v-Golden State Co., Ltd.. common (quar.)
Goodall Rubber Co. (quar.)—
Goodall-Sanford, Inc., common (quar.)
4% preferred (quar.)
Goodyear Tire & Rubber, common (quar.)
7-15
10-
Steel
Glmbel
7-15
1
7-15
;
$35c
$25c
Ltd....
Co..
8- '2
2
$V5c
$37'Ac
$'$1
$25c
8- 1
8-1
J25c
Quarterly
6-30
7-8"
$50c
Wares, Ltd.,
preferred (quar.)
5%
'
redeemable
1st
2nd
_
8-1';.
$50o
Gillette Safety Razor Co.,
7-15
6%
Dominion
—
preferred (quar.)
prefexred (quar.)
General
6-30
8-2
$1.25
933Ac
-
$5.50
6-30
non-cum.
7-20
7-11
8-
Iron Fireman
'
B
$4
8
$12'Ac
8-15
8- 1
*
preferred (s-a)_
General Public Service, $6 preferred
7-29
$75c
—
(quar.)__
5%
8-15
t$t.23
130c
50c
(quar.)
Corp.,-common
7-11
8-
($5 par)
(quar.)
Resistance Co.—
Investors Trust Co.
6-27
r ,6-17
7-29''
7-11*
7-25
88-
t83Ac
•
9-19
7-8
50c
20c
-
;'
Machines
Investors Telephone Co.
7-18
50c
7-11
t$l 75
1
6-28
3-1
10c
Co.——
A
Class
8-17
1
8- 1
6-30
6-30
8-
66 7/12c
*
com-
America
6%,
7-20
10- 1
12-20
1
8«-
10c
pefcrred
Investors
'
6-30
7-17
preferred (quar.)__________
$44c
Fabrics,, Ltd., coxnmonr;.__—'' *20$
Dominion
Fcods
Class
*
preff-ired
6%
Electric
Motors Corp.preferred (quar.)
$3.75 • preferred
(quar.)
General Products Mfg. Corp., Ltd.
1
9-
v
12-30
20c
t2oc
3c
Holdings,
Milling Co.,
7- 5
$2
common
1
2
9-20
17c
Investors Management Fund,
8-19
12- 1
6-30
15c
$1.06Vi
(quar.)
$5
7-15
7-30
$1
—
8-
9-
9-30
$1.25
:zz
6%
7-15
7- 1
7-15
9-10
12-20
7-15
7-20
8- 1
$3.50
35c
(quar.)—;_*
General
7-15
7-29
25c
25c
*___
30c
30c
87V2C
■'^Gttiera*: Investors*Trust (Boston)
(quar.)*
60^
General'Mills, Inc,'(quar.)**——50c
Dominguez Oil Fields—
Monthly
Monthly
^
8-15
9-12
(reduced)*
Business
Investment
.
common
Co.*
$3.50 • preferred
6-30
8-15
;
*
Dodge Manufacturing Co. (quar.).
Dome Mines. Ltd. (quar.).
Baking
General
2-6-50
<
,
'
J37'Ac
2c
,
(quar.)^
(quar.)—
75o
75c
7-15
,
(quar.)
Transportation—
General
*
participating preferred (s-a)
6%. participating preferred
(s-a)*
6%
Co.,
Corp.
Han-ester
Intcrtype
7-15
7-29
7-15
8- 1
55c
25c
7-20'
1
6%; convertible preferred (quar.)
7«/2c
International Utilities Corp.
(quar.)__
25c
Interstate Department Stores
(quar.50c
'
7-29
12'/ac
(quar.)—
"
8-12
8-
*'
Bronze Powders, Ltd.—
preferred (quar.)
partlc.
I'/o
6-30
•
■
7-29
10%
$8 preferred (quar.)
General Ctude Oil
11-10
9-1
"V
Diamond Match Co.—
•(•
-
Co
preferred
,
preferred A
Generai
7-15
7-25
5%
of North
Iron
International
6-30
7-22
7-25
7-
9-12
50c
International Nickel Co. of Canada, Ltd.—
7% preferred ($100 par) (quar.)__
American
General
7-25
t
$35c
$50c
Ino.—
(quar.)
Co.
preferred
4%
7-25
1
Co.,
(quar.)
(quar.)
Electric Light, common
Gardner
'
8-
Ltd.-
common.*—,
*
Company,
Gardner-Denver
7-25
8-15
Ltd.,
preferred
preferred
6%
12'Ac
1
50c
50c
—
5%
Stove,
preferred
6%
6-30
8-15
,#-i«
20c
preferred
(Robert)
Gair
—30c
Co.
Detroit Gasket St Mfg
Detroit-Michigan
$2.20
Gabriel
5
7-30
10- 1
8
7-15
t$l
25c
56'Ac
Group shares
International
7- 5
7- 5
8- 1
2IV2O
(quar.i.
6-30
$2.50
...
'
International
_
Fuhrmann & Schmidt Brewing
.7
8
7-15
7-15
7-15
8-15
6-30
7-15
(accum.)
International
15c
12'Ac
*
dividend
Stock
6-22
1
6%
8-11
*
*
•
Co. of Canada,
Companies,
;
8
7-15
Shares—
International
''
'
,
common
(quar.)
Corp.
Interlake
1
7-15
common
(quar.)
International
„
Common (guar.)
6-15
7-
'
dividend)—
shares of
Froedtert Grain St Malting
7
7-20
9- 1
8-20
11-20
-
7-
8
25c
Co.
Corp.—
preferred
Insurance
'
1
1
$1.12'A
6V2 %
A
Silica
Industrial
Institutional
convertible preferred
preferred
prior
Fraser
7-11
7-
9- 1
12- 1
8-12
(quar.).
(quar.)
(initial)**
Railroad
preferred
Insurance Co.
(stock
Brewing Co
Kleiser Co.
Foundation
1 ;
1
9-
.5%
7- 1
held
&
6%
7-
9-
60c
(quar,).—.
Co.
,
8-
7-
7-15
$1.50
$1.50
(quar.)___
America
for each 10
par
Pitt
Foster
6-30
7-21
of
Foster-Wheeler
8-
25c
$2
___.
Fort
8-15
•
Voting common
$20
stock
9-15
1
preferred
-
Mills
One share of new 5%
7-15
10c
30c
25c
25c
—
Delaware Power &
Air Lines
5
..
—
Co
4V2%
5
7-
69c
7-12
.
common
Indianapolis Power & Light Co.,
7- 5
6-30
$1
8c.
.
7-
8-
9-
Indianapolis Water Co., class A (quar.)
6-30
*
(quar.)_
preferred (quar.)
Power & Light Co.—
Florida
9-16
7-
7-15
7-20
7-15
€5c
1***
Shares
1st
9-17
1
6-30
1st preferred
Flour
2
7-15
$1
12'Ac
pfd. (quar.)__
8%
7-
7-15
8-
Indiana Associated Telephone Corp.—
$2 preferred (quar.)*
Fran¬
Co._
Fund
Trust
6%
9-16
10-
10c
t37'Ac
tl7VbC
(Quar.)—_
A
Mutual
6%
8-12
1
7-15
$1.25
**_**;
Dayton & Michigan RR.,
De Vilbiss Company *
Delta
,
7-20
$1.12»/2
(ouar.)
Davenport Water, 5% preferred
Davidson Brothers, Inc.
Deerfield
8-12
10-
Cypress Abbey Co._*_—
**■.
—
2c
Dana Corporation, common—-—25c
3%%
preferred A -(quar.)
*_
933Ac
B
1
9-30 *
$1.75
$1.25
Packing Co.. 4»A% pfd. (quar.)—
Cunningham Drug Stores, Inc.-..
Curlee Clothing. 4'A% preferred (quar,)—
Atlantic Sugar Co.,
Class
'
9-30'
$2
Cuaahy
Davis
7-15
7-15
30c
(quar.)
Cuban-American Sugar Co.,
Cuban
7-18
6-30
9-
7-16
Fitchburg Gas St Electric Light
Fitzsimmons Stores, Ltd.—
1
9-
8- 1
(qu^r.)
cisco
8-15
$1
$1.05
$1,50
50c
(Ban
Co.
Insurance
Firestone Tire St Rubber
7-11
t50cr
6-30
70c
(quar.)
Imperial Tobacco Co. of Canada, Ltd.—
4%' preferred (quar.)
•;
Incorporated .Investors
,
6-23
4
7-15
*
*
Fund
Fireman's
Corp.
2nd preierred (quar.)
$4.20 preferred
(quar.)
___*_**
Crum & Forster, common (quar.)*—
$4
'
preferred
8-12
8-
"
8%
1
$25c
-—
Terminal
6-20
50c
93%c
;
Illinois Power Co., common
4.70%, pieferred
7-
$1.25
& Door
Co.,
preferred (quar.)
Illinois
6-24
.
common
(quar.)
preferred
Sash
7-
7-
50c
$1.25
s-a)_*
8-
40c
(increased
5%
preferred quar.__
Hydro-Electric Securities Corp.,
5% preferred (s-a)*_
Illinois Brick Co. (quar.)
Inc.—
Quarterly
8-12
0-
•
$1.06'/4
7-19
7-19
(quar.) _*
Fidelity-Phenix Fire Insurance Co. iN. Y.)—
6-10
1
6-30
7-29
7-29
0% .prior preferred
,
5%
t25c
30c
common
Creamery Package Mfg. Co. (quar.)
Crown Cork & Seal, Ltd. (quai^.)
7-15
9-
7-15
50c
:
Inc.—
Stores,
4'/»%
First
—
Ltd.,
Co.,
Bit
Crnig
*1.31%
137 Ac
t$1.25
.
$1.50
$2.25
7- 8
8-
20c
Finance Corp., common
(quar.)*
.preferred (quar.)
Howe Scale, 5% preferred.*
;
Hudson Bay Mining & Smelting Co., Ltd
*
Hussmann Refrigerator Co., com.
(quar,)-*
5%
6-30
1
25c
37'/2C
334%
8-11
9-20
6-30
*
Fibre board Products,
Cornell Dubilier Electric
$5.25
8-16
10- 1
7-15
(quar.)
Corp., ccm.
preferred (quar.)
Fibre Pr,oducjts of Canada, Ltd.—
5%
preferred (s-a)
•8-16
1
$$1
40c
75c
(s-a)
(qucx,)^
J.
(quar.)
(quar.)
Y.)
(N.
7-25
lc
Household
Huttig
^
Share
Y.),
preferred (quar.)_.
Houdaille-Hershey Corp.
9-15
7-15
10-15
,
Department
Common
,
9-
preferred
Federated
8-16
9- 1
10- 1
8- 1
11- 1
*
Federal Services Finance
(N.
Hardart Co.
&
Horn
6-18
7- 1
7-15
8-13
9-10
50c
50c
$2.50
Insurance Co. of Canada
Ixisurance Co.* (N.
Insurance
Home
Co.—
"
Semi-annual
6
7-15
9-
$1
50c
25c
(quar.)
(quar.)
Life Insurance
(quar.)
Fire
Federal
Federal
7-15
7-15
8- 1
8-29
10- 1
$26c
65c
$1.75
50c
$0.1*5625
N. Y.
(quarterly)
Park, Inc., common (quar.)
Common
6-30
8-1
(quar.)
pfd. (quar.).
7%
Syracuse,
6-27
9-15
Traders
&
Fashion
6
7-11
preferred
4Vi%
•Farmers
8-20
1
7-15
20c
25c
75C
(reduced quar.)
Consumers Gas Co. (Reading, Pa.)———Container Corp. of America, common™.—
4%
preferred (quar.)
Continental Insurance Co. (N. Y.)
(quar.).
Cook Paint & Varnish, common (quar.)
$3 prior preferred (quar.)
—
Copper Range Rtt. Co.—
5% noc-cum. preferred (initial)
Corn Products Refining, common (quar.)—
7% preferred (quar.)
Falrtaff Brewing Corp.
6-20
7-18
15c
(quar.)
preferred
Participating
•Consolidated Textile Co.,.Inc.
Coe St Gregg, Inc.,
6-20
7-15
(s-a)_
11- 1
Company
5%
(quar.)
Hampton Electric Co.
&
Faber,
7-8
Consolidated Mining & Smelting Co. of Can¬
$25c
$25c
8-15
11-15
7-8
10- 7
9- 1
12- 1
(quar.)
preferred
4.16%
6-30
7-30
$1.25
$1.25
—
(quar.)
Co., Ltd.—
Exeter
6-1
$50c
When
Bolder1
Payable of Reo.
Per
Name of
Holly Development Co. (quar.)
Holly Sugar Corp., common (quar.)
5%
convertible preferred (quar.)
Holyoke Water Power (quar.)
Home Gas 81 Electric (quar.)
(T. H.)
Estabrooks
Consolidated Edison Co, of N. Y.—
'
preferxed
6%
Holdert
When
'
preferred A (quar.)
$5 preferred A (quar.)
Esmond Mills, Ltd., 5%
pfd.
7-15
1
Co.
Monday, July 11, 1949
Payable of Reo.
Share
-
$5
6-30
8-
Erie Railroad
7-12
7-15
^
Enamel & Healing Products, Ltd
5
l
8-
t?5c
$1
20c
(quar.)
Consolidated Dearborn Corp.
1
8-
55c
10c
Interim
Consolidated
8-
HV2C
50c
$1 .90
CHRONICLE
Per
Name of Company
Payable of Rec.
Share
Company*
FINANCIAL
&
Holdert
When
rer
Name of
COMMERCIAL
THE
(146)
Corp.
Lougines-Wittnauer
$2
iqc
(quar.),*_*_*
15c
1
9-21
1-2-50
$2
(reduced)—
Watch Co.
10-
12-23
7-15
-
6-29
7-19
7- 5
Volume 170
Number 4819
THE
Per
Name of Company
Share
Lorain Coal & Dock
5%
preferred
preferred
preferred
5%
5%
Louisiana
62'/2c
(quar.)
&
1-1-50
4-1-50
Northern
6-23
Indiana
7-15
6-30
3iy*c
7-15
6-30
$25c
7-15
6-15
10c
8-15
7-29
50c
7-15
6-30*
$1.50
7-15
6-30*
-
Co., common
6% preferred (quar.)
Macy (R. H.) & Co., Inc.—
4'A % preferred A (quar.)
Maine
convertible
Manhattan
Manitoba
Bond
Sugar,
Manufacturers
preferred
6%
Co.
8-
$1.06(4
7-
Beneficial
Massawippi
Maule
Max
8'Ac
7-15
7-
5
Industries
Factor
Trust
1
9-15
Oceanic
6-20
7-
7-15
6-30
7-15
6-20
Oilgear
7-15
6-20
Oklahoma
7-
999-
8-15
9-
8-15
75c
$1.50
8-
7-15
8-
7-15
$15c
8-
—
(quar.)..—
1
prior
s.
Pactflc
Gas
Pacific
7-
1
$4.50
1
7-12
7-30
7-15
8-
8-15
80c
8-31
11-17
7-15
15c
10c
7-15
9-15
7-
25c
8-
7-13
7-
1
1
7-14
7-
Parke.
37(6c
10-
2
250
10-
2
15c
7-15
7-
(quar.); $1.06'A
7-30
7-22
25c
25c
——
8-
7-20
Penn Traffic
Pennsylvania Electric, 3..70%
11-15
12'Ac
5c
56'Ac
8-
1
7-
8
8-
1
7-
8
8-
common—
____
preferred
preferred
6%
Mutual
6-30
7-
1
A
(quar.)
6-30
Pierce
Pillsbury Mills, Inc., $4 preferred
Pittsburgh, Cincinnati, Chicago
12-12
11-23
National
City Bank
&
9-
9
4.70%
8-31
8-
9
15c
1
7-15
80c
Mfg. Co.
(N. Y.)
Department
Stores
8-
1
25c
7-15
50c
(ouar.)
—
,'*■
(ouar.)—
National Distillers Products Corp.. .(quar.)
National Electric Welding Machine Co,—
8-
7-
Power
2c
7-22
10-29
7-15
Light,
et.
•«.,
Corp.
5
5
Seaboard
3
,'<
3
7-15
1
1
7-15
,
1
6-30
4%
Shell
Sheraton
Sherwin
8-
1
7-
1
8-10
7
t-i-
7-
(G.
National Hosiery Mills,
Class A (quar.)
Class A
I
Class
National
J15c
Co.
Corp.
8-
8
1
Mallinson
Partial
7-14
1
1
■-
Corp...
National
*
National
3.8%
7-
7-20
Smith
Smith
5
Tea
Co.,
4(4%.
f
i
,
England
Increased
Jersey
New
Process
New
York
81 Machine
Co
•
4%
3.90%
Co.,
preferred
Newberry
(J.
J.)
8-15
8-
5
8-15
8-
5
7-12
6-30
7-29
9-
•
<
1
7-19
6-30
7-15
6-30
25c
pfd.
8-
1
7-15
8-
1
7-20
-9716c
(quar.)—
8- 1
'
,
7-15
8- 1
933Ac
(quar.)————
33A#
7-15
$1.75
Mills
preferred (quar.)
Light Corp.—
Co.,
$1
-
♦
7-15
1st
preferred
(quar.)
$1.25
8-
1
7-f5
5%
2nd
preferred
(quar.)
$1.25
8-
1
7-15
9- 9
8-10
8-10
(quar.)—
4% adjustment preferred iqusr.)
North
Class
Reda
5%
__
__
...
-
75c
25c
"
7-13
$2
new
Company—
liquidating "distribution (one share
Regal
Power
&
North
American
common
held)
—
Shoe
3- 2
9-30
12-31
7-10
65c
9
12- 0
9-
0
12-9
6-23
,
7-10
6-23
9-10
8-10
$1.25
7-11
7-
5
7-11
7-
5
50c
8-10
7-20
50c
8-
'
130c
(quar.)
Mines, Ltd
Corp.
(Interim)
1
7-15*
7-15
8-25
150c
6-30
$1
"
9- 2
7-15
7-15
7-
10c
—
3
!2c
'
8- 1
7-15
10-
$53e'
7- 4
8- 1
7-29
8-15
'
,,
5
6-29
>15
7-
8- 1
.,.7-15
,
5
9
3
b
-
EOc
(quar.)—»
1
7-15
7-
1
7-15
6-11
Southern
7-15
7-15-
6-30
7-15
7- 1
7-31
7- 5
7-31
7- 5
28y2c
7-31
7- 5
37'Ac
7-15
6-30
37'Ac
7-15
6-30
$30c
8-15
7-20
$$1.50
7-15
6-20
17'Ac
7-15
6-30
$1.75
Gas
Co.—
•
7-11
6-10
•
'
:
Power Co.,
Ltd,—
6-20
6%
(quar.)»
-preferred (quar.)
6-20
Southern
7-
Southern
1
9-
1
8-10
12-
Colorado
Southern
1
11-10
6-15
8-
1
7-15
New
8-
1
7-15
7-15
6-24
7-15
7-
7-15
6-23
9-
1
8-12
8-
1
7-
Co.
(quar.)
(quar.)
Indiana Gas & Electric Co.
Southern
•4.8%
Powsr
Franklin Process
pieferred
7-15
,
preferred {quar.)
New
$1.20
8-
1
7-15
England Telephone Co.—
(initial)
common
40c
7-15
,
Southwestern Associated Telephone—
$2.20 preferred (quar.)
6-30
55c
8-
7-15
7-19
9-
8-15
92'Ac
(Texas)—
40c
50c
: .Southwestern Life Insurance
5
8-
1
8-
1
7-15
"
Quarterly
Common
3.70%
.
15C
7-20
preferred
1
7-15
7-11
6-30
8-31
8-
$25c
—
3.90%
6-30
IOC
—
(quar.)
(quar.)
preferred (quar.)
preferred (quar.)
5% preferred
(quar.)
Sperry Corporation (s-a)
8
$1.50
(quar.)
California
6-30
50c
28c
15c
preferred (quar.)
6% -preferred A (quar.)
7-15
6-30
6-28
$1.12'A
6%
7-15
6-30
7-30
7-15
7-11
12'Ac
Co
Southern Canada
7-30
50c
(quar.)
6-30
7-1
t50c
preference
7-
12-10
8-1
150c
__
preference
7-20
9-10
12-20
Ltd.—
(quar.)
convertible
7-15
9-20
50c
40c
convertible
8-25
7-15
933Ac
a
10-
50c
(quar.)
50c
;
1
9-
1
10-
97'Ac
1
7-15
$1.033A
8- 1
7-15
$1.25
8-1
$1
7-15
7-
$1
8-1
7-15
$1
.8-1
7-15
Squibb &
Sons,
$4
preferred
1
(quar.)
$4 preferred A (quar.)__
"Springfield Gas Light Co._
2
Standard
Cap & Seal,
7-29
8-15
Standard
.
9
5%
preferred
I
40c
$1.80
(quar.)—
common
—
7-15
7-
9- 1
8-15
9- 1
9-1
7-29
7-25
7-25
6-39'
$1.75
pfd.
Co., Ltd.,
(quar.)
40c
$10c
$$1.25
$1.50
Chemical
9-
7-15
93%c
7-15
6-24
1
7-29
"
50c
(quar.)
Standard
8-11
7-14
50c
7-14
6-23
12'/2c
*
7-11
6-30
12V2c
'.Standard
7-11.
6-30
7-
Standard
1
Class
(Mass.)
1
(quar.)
class
50c
25C
Co.__l
;
Mills.
12'Ac
Electric—
(accum.)
(accum.)
(Ohio),
33A%
Power
B
Standard
Radio, class A
(quar.)
Silica
&
pfd. A
(quar.)_
6-30
(accum.)
_
(quar.)
$3.50
8- 1
7-15
$10c
$10c
Light, $7 pfd.
7-11
7-11
6-21
6-21
1
7-15
12y2o
8-15
8- 5
8-
1
7-21
Standard Steel Spring, common (quar.)_
50c
4% convertible preferred (quar.)____—50c
8- 1
8' 1
7-15
8-
1
7-21
Stanley Brock, Ltd., class A
8
1
7-11
8
,
(quar.)_____—*
&
8-
$1.25
.
A
Oil
Standard
7-11
*
Gas
$6 prior preferred
$7 prior preferred
(Cinn.)—
•> •
7-27
7- 6
Class B
State
Ltd.
$1.60
9- 1
9-
12-31
^05
4.15%
;
Knitting
9-30
50c
4.56%
"125c
z.
(quar.)
participating
Regent
$8.50 par value, of Kansas
Light for each four shares of
common,
•'
4.48%
Co.—
Class B
8-12
,
$1,25
•
(quar.)_
6-30
12c
A.)
8-12
1
9-
45c
7-12
$87'Ac
______
(quar.)
preferred
9-1
*
Southwestern Public Service Co.—
interest-
(quar.)__.
Corporation
(C.
7-15*
25c
,
1
$1.25
(quar.)_
Pump
5%
Reed
1
1
8- 1
$1.07'A
7-20
$1.25
pfd.
;—
preferied
B
7-
7-
Corp
Aircraft
$2
:
beneficial
,
7-12
7-14
7-13
V 91'Ac
8-
•
common
7-15
85c
Solar
$$2
of
Co.
5
25c
$1.25
South PittsDurgh Water, 4'A% pfd. (quar.)_
Southern California Edison, common (quar.)
—
Red Top Brewing Co.
Class
A
(quar.)
••Reece
1
7-12
$1 'Ac
preference (quar.)
Fund of Boston—
Inc.,
2nd
1
8-
6-30
25C
Ltd
Reading Co.—
Common
(quar.)
4%
8-
25c
6-27
American
Partial
<
-
7-15
8-1
"
5%
Norfolk & Western Ry., cpmmon
Co.
preferred
$2 preferred
Assn.—
1
7-15
9
Purina Co.—
33A %
8-
———_
(J.
$75c
(George)
Rayonier,
f
120c
_—
preferred (quar.—!
7%
Dome
Power
Ralston
6-30
7-29
Quebec
8-15
Hungerford) Company (quar.)
Society Brand Clothes, Inc. (reduced)
America
Froducts,
Inc
preferred (quar.)
6%
1
7-21
$$1.50
Purolator
8-10
7-15
15c
22'Ac
Niagara Hudson Power
1,"
of
Gamble
Certificates
7-15
9-
Common
$5
Putnam
7-
7c
7-
25c
Redeemable
6-30
113c
7%
&
6-17
6-30
7-15
7-20
45c
(quar.)
Power & Light—
prior preferred (quar.)
Purity Flour Mills, Ltd., common
6-15
$$1.25
Light Co. (quar.)
Electric
&
Worsted
Power
7-15
7-15
7-15
Oil
Common
1
Puget Sound
7-31
15c
(quar.)—
quarterly
New
"*
Gas
8-15
6-30
25c
—
(Howard) Paper Mills,
6-29
25C
East
&
A
O.)
7-
6c
:
preferred (quar.)
Prosperity Company, Inc.,
1
15c
Neilsor
(Win.), Ltd., 5% pfd. (quar.)
New Brunswick Telephone Co., Ltd. (quar.)
New Calumet Mines, Ltd
_______
New
7-
4716c
preferred
New Bedford Gas & Edison
7-15
3716c
37'Ac
53yec
.
(quar.)
i National Transit Pump
(A.
7-12
25C
8%
25c
;
—
Coip. (quar.)——
Co. (quar.)
;——
preferred
Procter
7-15
8-
•
Car
Tank
7-15
$1.25
t
liquidating
Corp.
Steel
1
7-29
25c
"I
_____
6-30
7-15
7-15
Quarterly
Quarterly
7-14
7-20
r
Ltd.—
Mines,
Price Bros. & Co., Ltd
4
6-30
7-15
25c
Corp. of America, common (quar.)
Williams Co. of Canada, Ltd.—
7-15
60c
Common
Preston
2
20c
<$1.50
(quar.)
Fabrics
Shares
National
9-
7-20
8c
National Mfg. & Stores Corp. (quar.) ^National Paper & Type. 5% preferred (s-a)
National Power & Light—
■>'; •
National
Union
$50c
(quar.)—
'
1.
9- 2
I
20c
$2,12 preferred
(quar.)_____________r_Y
Sloss-Sheffield Steel & Iron
6-30
1
8-
8-
$1.17%
'
...
class B preferred
National
Metals
6-30
22'Ac
15c
(quar.)
Common
12- 2
1010-
130c
—
Investors
1
1-1-50
115c
(quar.)
B
National Lead
6%
Pressed
Ltd.
1
non-cum.
preferred
(quar.)
$40c
9- 1
$1.60
non-cum.
preferred
(quar.).
$40c
12- 1
•
8-15
11-15
•Staten
490%
Corp,
(quar.)
(quar.)
Investment
Island
Edison
$15c
Trust
(Boston)—-
.
7-15
1
7-11
40c
7-15
6-30
$1.22'A
8- 1
7-10
$10c
(quar.)
Street
.
9- 0
—
90c
(quar.)
preferred (quar.)
Mfg. Co._
E.)
12-
1
7-15
10-
,
8
7-
D
7-15
12-15
}$1.07
Common (quar.)
:
$20c
Sigma Mines, Ltd. (Quebec)
,
—.
$25c
Sinclair Oil Corp. .(quar.)
—50c
Slater <N.)' Ccmptmy, Ltd., common
'(quar.)_ \ Y430c.,
8
7-
$1.25
non-cum.
'
25o
preferred
7-14
1
1
6-30
75c
6-27
1
1
Sears, Roebuck & COi (quar.)
Security Storage Co. (Washington)
7-
1
9-
vtc
7-29
8-
9-15
1
sCrifeifc A il'dn-cum preferred
5% scries A non-cum. preferred™
7-20
9-
5
;
"$%
7-29
8-
Co.—
(irreg.)
Sheep Creek Gold
*
*"
vtc
6-21
-
7-
Extra
7-15
■
7-25
Schenley Industries, Inc
Scott Paper, $4 preferred {Initial)
Shav/inigan Water & Power Co., com. (quar.)
'■■1;
7-15
5
160c
Seaboard Finance Co., common (quar.)
$2.60 contf. prelerred (quar.)
7-11
7-15
Line RR.
Common
5
6-30
8-
Air
Common
11- 5
8-
7-
:
2-
8-1
7-25
(quar.)—_
com.
8-
9-1
1
8-
$.$1.50
(quar.)
11-
Smith
(quar.)
of
Canada,
preferred (quar.)
Prentice
&
11-15
Louis
common
6%
6-30
8-
Gas
6%
10-19
15c
'
1
2c
Co
Corp.
Portland General Electric Co.
7-11*
1
(Ed.)
2-15-50
8-
6-30
B
9-15
1
1
—
10c
Bolt
3.60% preferred
preferred (quar.)
Portland
(quar.)
12-15
1
5
8-
140c
$1
$2.30
$5 preferred
...
.
Quarterly
Quarterly
National Fuel Gas
,.
;
1
Class
$1
Cordage Co., common
Employees' stock
8
,i7- 6
9-
9-
7-
*1.25
1
75C
(quar.)
Plymouth
8-
Co.
Company',
7-25
7-25
110c
Company, Ltd., class A
Schuster
8-
5
118JAc
7-15
$1.25
8-15
$1
Plomb Tool Co. -(reduced)
10-14
&
40c
Pittsburgh Screw <fe
$1.75
___'—_——
Ry.
Potomac Edison,
7*
Scarfe
Scranton Electric
$1.25
Co
7-15
40c
(quar.)
preferred (quar.)
Chemical
.
Northern
6-
1
7-15
1
1
2-
7-
—_
1-1-50
50c
(s-a)
46c
-
Common
National
8-
56'Ac
-
5
1
8-15
5
7-25
—
Map Co
San Diego Gas &
Electric, com. (quar.)
5% preferred (quar.)
4'A% preferred (initial quar.)
Sargent & Company (quar.)
Sayre & Fisher Brick Co. (quar.)
8
90c
6-30
-12c
conv.
8-
$2.50
(quar.)
;
6-30
(quar.)—
5%
8-
33c 2-15-50
7-
t50c
'
7-15
RR.
conv.
7-
8-
7-15
Ry.
preferred A vtc (quar.)_.
preferred A vtc (ouar.)
1
8-15
7-15
50c
7-31
Francisco
1
11-15
7-31
s
Schuylkill Valley Navigation & RR. (s-a)
Scott Paper Co., $3.40 preferred
(quar.)
Scovill Manufacturing Co.
3.65% preferred (quar.)_
4.30% preferred (quar.)
95c
(quar.)
common
7-30
8-23
Louis-San
9-14
•
6-30
25c
50c
t$1.75
9-
33c
7-27
—
D-
10-
6-28
5%
—
7-30
)
7-11
Sanborn
7-22
5
$1.10
RR.
7-15
—
Narragansett Electric, 4V2% pfd.
National Biscuit Co.^ common—
8-
75c
25c
Phillips-Jones, 5% preferred (quar.)„___—
&
Co.
"
8- 1
(quar.)_
(quar.)—
Paper Mills Co., Ltd.—
preferred (quar.)—_;
2nd preferred
(quar.)
15c
(quar.)
Trenton
&
Governor
1st
35c
(quar.)__
5
7-15
common
(quar.)_
preferred (quar.)
$lc
4c
9-12
7-
$25c
M0c
12c
7-15
$1
$1.07'A
Co., Ltd.,
4% preferred (quar.)
3.60%
preferred (quar.)
■
'
$1.50
37(60
(quar.)
7-
8 7'Ac
pfd.
1
'7-5
7-1 r
-
preferred
Paper
5%
7-15
n
—
"
7-15
7*-29
$1.06'A
(s-a)
preferred
Piedmont
Foods, Inc.,
convertible
$2.40
8
$1.10
—
Inc.——.—
Inc., common
7-
15C
3.80%
1
77-
Lawrence
$6
6-30
92'Ac
(quar.)
7-
7-25
Lawrence Corp., Ltd.,
St.
6-20
7-15
$75C
(quar./
&
Fine
*
Common
6-30*
7-15
4
(quar,)
,
7-15
15c
25C
(quar.)
4.40%
9-15
preferred
A
Electric,
Morris
W.
"
7-15
20c
(quar.)
.
7-15
; 7-15 .!
$2.25
$2 1st pfd. (quar.)
75c 2nd piefcrred (quar.*
—
St. Lawrence Flour Mills Co., Ltd.—
7-15
75c
-
(quar.)
preferred
Philadelphia
dividend
Croix
St.
7-15
v
7-15
,r%' 33c
C
7-15
$1.25
,.
25c
pfd.
7- 5
$1.75
—
__.
preferred
non-cum.
Philip
12-15
4.8%
B
4.30%
7
9-28
50c
$$1.50
(reduced)
preferred
Philadelphia
7-20
12-28
A
^National
Is-
6-30
$1-50
preferred
7%
1
7-
3-
25c
1
1
__.
Gold
Mines, Ltd
Philadelphia Company, common
5%
7-
7-20
$1.50
88-
50c
.
:50c
..
Saguency Power Co., Ltd., 4'A% pfd. (quar.)
Perron
7-20
$1.50
Fund,
St.
7-20
$1.50
Credit Securities, Ltd
Peoples Gas, Light & Coke Co
Permanente Cement Co.
(quar,)
■'
&
4%
1
V
Peoples
7-15
,.
(quar.)
4.8%
f
7
f
6%
preferred (quar.)
Mutual Telephone Co. (Hawaii)—
'■
6-
(quar.)
Investment
Mutual System,
1
S.
5
7-
$1.12'A
(quar.)
Co.
preferred
3 V2 %
7-11
7-15
$1.25
62y2c
62y2c
America—
7-15
7-15
._
Pennsylvania Power, 4.25% pfd.
Pennsylvania Salt Mfg. Co.—
6-27
1
preferred
4.40%
1
7-14
25c
:
(s-a)—
6%
7-
"
States
of
8-
Stcck
7%
(quar.)
7-11
8-
83/4C,
25c
8-15
8
.
RR.
7-15
7-
$1.25
(quar.)
common
1
13c
7-29
62'Ac
8-15
7-
Co.
Ltd.,
12- 1
17'Ac
8-15
(quar,)
1
7-30
Chemical
cum.
12-15
A
8-15
25c
1
Power, common (quar.)—
V 5%
preferred (quar )______
Mountain States Telephone & Telegraph
Munising., Paper, 5% pfd. (quar.)—_______—
"
6%
6-15
Mutual
$1.32
Penmans,
9- 1
25c
7-15
1
i
7-1
9-15
(quar.)
8-15
•7-
(quar.)i
.8-1
7-15
Ryan Consolidated Petroleum—
'_
preferred
preferred
7- 5
$10c
50c
9-20
31'Ac
9-
7-15
Carbon
cum.
6-30
7-20
-
7-13
(ouar.)_
9-
7-15
Port
cum.
7-20T
7-15
25c
(quar.)
1
$1.25
(quar.)
(quar.)
preferred (quar.)
7-20
1
•
2
•
preferred
1
8-
$1
Rus3
—
;
25c
50c
(quar.)
7-13
1
3-
93aAc
10c
8-
,
$.1.25
$50c
&
V
7-15
$1.50
Inc.
8-
'
$1.50
(quar.)..
.—
Carbon
7-15
7-10
9-1%
8-
18%c
:_
;_
10-
preferred
cum.
$1.32
'
6-30
1
(quar.)—1—
Mountain
,».7-30
common
62y2c
cum,
6-2«
1
lu- 1
10- 1
$1.75
(quar.)
Royal Typewriter Co., Incl, commpn—
,7% preferred (quar.)
1__
8t.
8-
Montgomery Ward & Co., common (quar.)—
Montreal Telegraph Co
*
.■
Morrell (John) & Company (reduced)
Motorola,
Class
8-1
r
7-15
(quar.)
$1.32
5
7-15
Mount
(Del.)
(quar.)
preferred
$1
7-20
1
of America,
A (quar.)
8-15
35c
cum.
7-1
50c
$25c
(quar.)
$1
7-11
$1.75
Rockland Light & Power Co.—
Rothmoor Corp;, common (quar.)
1
$1.12'A
(quar.)_
Corp..:
Telephone
(quar.)
7-10
8-1
$1.50'
$25c
(quar.)
common
7-10
8-
$1.31V»
Building Co., 6% pfd. (accum.)
Russeks Fifth Avenue-(quar.)
Russell-Miller Milling, 4»A% pfd. (s-a)
Co
Co.,
$1
5c
Corp
&
Coal
Common
9-20
7-15
preferred
Davis
preferred
Peerless Cement
9-20
12-15
Plan
Tilford, Inc.
5%
1
$50c
$2.25
&
Peabody
1
$1.75
Morris
8-
Companies Inc.
Peninsular
*
preferred
'
.
6-30
8-15
50c
.__i.
Electric
8-
Quarterly
6-30
7-20
$1.12'A
-
6-30
7-15
.
59%c
preferred (quar.).
Park
8-15
7-15
pfd. (quar.)
(quar.) _____—
$6
7-30
.
50c
(quar.)
A
California
preferred
9-10
35c
Co
preferred
Rochester Button Co.
Rock of Ages Gorpi
6-30
10c
Paraffine
7-15
1
25c
preferred
Power,
7-11
20c
Reduced
6-25
75c
•
(Guar.)—
Minnesota & Ontario Paper Co.
(reduced).
Mississippi Power & Light, $6 pfd. (quar.).
Montana
6-30
Panhandle Producing & Refining Co.—
4%
8-
&
Common
common
7-11
Inc.,
3'A%
6-30
$1.3) y*
___
(quar.)
series
9-10
(quar.)_
ccmmon
Rike-Kumbler
7-27
60c
Telephone & Telegraph Co.
(quar.)
*___
Corporation (quar.)
Packer
8-19
11-30
„
Monroe Loan Society, class A
(quar.).
6%. preferred
1
$1.12%
^
Co.,
class
1
7-11
25c
(initial quar.)
Portland Cement Co
Pacific
2
8-
$1.12(6
(quar.)
Mitchell (Robert), Ltd
Monongahela Valley Water, 7%
9-
18c
preferied
Pacific
8-15
8-
$1.75
(quar.)
8-25
$$1.75
Inc.,
(quar.)^
(quar.)
Company
River-Raisin Paper -Go
Rdbinson Cotton Mills, Ltd.
9-15
Lighting Corp.—
6-30
Inc.
Utilities
of
preferred
5%
$1.25
preferred
Corp.
5%
$1.10
Minneapolis & St. Louis Ry
5%
Finance
1
7-15
7-20
10-
1st preferred (quar.)
2nd preferred (quar.)
Riches,
1
1
20c
2
(quar.)
Manufacturing Co.
Class
A" (quar.).
1
Miller & Rlioades, 4'A% pfd.
7-15
10-
10-
Co,_
8-
Miller
Missouri
Paper
7-
J $15c
(quar.)
7-30
7%
5c
$1.25
6-30
Semi-annual
Common
7-15
7-30
,
Electric Protective
Island
1%
$25c
Company
1
(quar.)
Corp.
9-21'
J
EOc
1
$1
37'Ac
Michigan Seamless Tube
1
$1.25
Pacific Coast Aggregates, Inc.—
4'/2% convertible preferred (quar.)
7-20
7-20
1
8-
15c
$$1.75
9-
Midwest Piping & Supply Co. (increased)—
Midwest Rubber Reclaiming
(quar.) _______
Mill Creek & Mine Hill Navigation & RR.—
Miller & Hart,
20c
(quar.)
Outlet
25c
7-19
7-30
50c
'
$25c
f.
7- 9
8-1
J27c
50c
3-
,s-a)__
Petroleum
Inc.,
$50'Ac
(quar.)—
Rhode
Rice-Stix,
(irreg.)
7-15
7-20
J SI
Michigan Bumper Corp.- (quar.)
Michigan Gas & Electric Co.
preferred
Filters,
$2.50
.
—
Michaels Stern & Co., preferred
Preferred
(quar.)
7-20
■
2c
preferred
Pacific
(quar.)
preferred
1
Otis Elevator Co
12-
—
(quar.)
1
Extra
Oxford
pfd.
(quar.).
810-
Beauty Supply Co., Ltd.—
Participating convertible preferred (quar.)
Ontario Steel
Products, Ltd., com. (quar.)_
9-
433Ac
& Scott
6-30
'
7%
7-15
52'Ac
Fund, Inc.—
6% preferred A (quar.)
6% preferred B (quar.)
Revere Copper- & Brassy Inc. -r
5y»% preferred (quar.),
6-30
Natural
B
'
Republic Investors
Ontario
7-15
8-
43sAc
Co., Ltd.—
4% preferred
(quar.)
McCcrmick. & Company, 5% preferred (s-a)
Mclntyre Porcupine Mines, Ltd. (quar.)
McKales, Inc. (reduced s-a)
Merritt-Chapman
9-21
7-20
.
1
6-30
(quar.)
Gas
United
Class
Oil
7%
5
7-15
:.
7-15
50c
preferred (quar.)
7% preferred (quar.)—:
Mid-Ccntinental
Oliver
8-15
933Ac
7%
Co.
10-
7-
283Ac
Gas, common (quar.)
4®4% preferred A (quar.)____
Oliver Corporation, 4'/2%
conv. pfd.
(quar.)
8-15
1
75c
933Ac
Co., com
preferred
Coventry Ltd.,
Class A (quar.)
7-15
Company
Oklahoma
6-30
:
85c
Corporation
(quar.)—
McClatchy Newspapers
Stores
1
6-20
1
7-15
20c
(quar.)
Robbins, $4
(quar.)
Co., common
(quar.)
Co
Electric & Engineering
$2.10
90c
___
McCall
$1
7-
1
*10c
Mercury Mills Ltd.
Reliance
7-15
$1.20
(quar.)
&JSlectric Co., com.
4%
preferred (quar.)
5y»%
preferred (quar.)
6-30
8-
$3
Class B
*
7-25
30c
__
1st preferred (quar.)
McCabe Grain Co., Ltd., class A
Mercantile Stores,
7-20
6-30
1
7-14
17'/2c
common
—:—
$17'Ac
&
&
1
7-25
933Ac
7%
Extra
$C
4.40%
Oil
Holdera
Payable of Beo.
10-
(quar.)
Mills, Ltd., common (quar.)__
preferred (quar.)
Oglethorpe Fund, Inc. (Savannah, Ga.)
2
When
Share
41
Renold
Ogilvie Flour
7-15
10-
2V2c
(series 1947)
Shoe
prelerred
7-15
.
McLellen
5%
of
Shares
$3.40 preferred (quar.).:
Maytag Co., $3 preferred (quar.)
McKesson
8-
50c
50c
(reduced):
McColl-Frontenac
6-24
7-15
15c
Quarterly
Nunn-Bush
Per
Name of Company
Reinsurance' Corporation of N. Y. (reduced)15c
Reitman's Canada, Ltd.—
—
'
5%
redeemable preferred (quar.)
J25c
Northwestern States Portland Cement—
60c
t$3
___
Interest, common.
Valley RR. (s-a*
$3.75 preferred
*
,
$25c
"
(quar.)—
Company, class A (quar.)
May Department Stores, Co., com. (quar.)
$3.75 preferred (quar.)
,
4.6%
1
.
(quar.)
Investors
$3.50
$1.25
Airlines, Inc.—
convertible preference
$20c
Massachusetts
•
6-29
?'
Service—
(Minn.),
preferred (quar.)
preferred
(quar.)
$3.60
5
7-15
Common
preferred
(s-a)_
Works—-
Public
preferred
$4.80
7-15
$2
Northern States Power
6-25
8-15
Marchant Calculating Machine Co. (quar.)_
Maritime Telegraph & Telephone Co., Ltd.—
7%
guaranteed
preferred (quar.)
Northland Greyhound Lines—
7
;•<- i
(accum.)__
(N. Y.)
7-
25c
—
preferred
Trust
1
$1.50
(quar.)
Fund
Maple Leaf Gardens, Ltd.__
-
8-
$1.06(4
RR., 6% priof pfd. (quar.)_
Company, common (increased)
4(4%
15c
.•*
7-20
Northwest
Central
Maltine
(quar.i_
5%
3%%
Holders
Payable of Rec.
50c/
(s-a)
Engineering
Northern
$1.25
(quar.)
7%
Ry.
7-11
8-
When
(147)
.
RR..
Central
1
(quar1.)
Forbes
Carolina
Northern
Inc._
Refractories
7-15
$1.50
CHRONICLE
Share
Aviation,
45c
Light, $6 pfd. (quar.)_
(Ky.), common
preferred
(quar.)_
5% preferred ($25 par)
Lowney (Walter M.), Ltd
&
American
North
3-20
5%
MacAndrews
Company
American.
North
12-20
62 'Ac
:
Louisville Gas & Electric
Lukens Steel Co.
Name of
9-20
10-1
62'/2c
(quar.)
FINANCIAL
Per
Payable of Rec.
North
:
&
Holdera
*
(quar.)
Power
When
COMMERCIAL
Corp.—
preferred (Initial quar.)
48
(148)
THE
Per
Name of Company
;
Share
Stecher-Traung Lithograph Corp.—
5%
preferred (quar.)
>5%
preferred (quar.)
Steel Co. of Canada, Ltd., coftunon (quar.)..
7% participating preferred (quar.),.
Participating
Sterchi Brothers Stores, Inc. (quar.)__——
Sterling Brewers, Inc
Stern Textiles,
&
4te%
preferred
Stetson
(Jolm B.)
8%
preferred
12-31
$750
8-
$43%C
$31 tec
9-15
1
7-
1
8-29
7-28
7
7-
4te%
$1.40
56c
50c
7-15
7-
7-15
7-
Stewart-Warner
Corp.
Stone Container
Corp
(quar.)
25c
7-
20C
Co., (quar,)_
Stovel
Press, Ltd.. 5% conv. pfd.
Strawbridge & Clothier, common
atroock (6.) & Company, Inc.
(quar.)
—
1
9-16
9
6-17
7-12
5%
8-15
5%
1
7-15
7-
6
25c
8-
1
7-15
5%
Ordinary bearer
$1.50 preferred B
Taylor-Wharton
Technicolor,
Telfair
11-15
&
5
8-
6- 3
Whitehall
Co.—
7-15
6-17
7-11
6-30
Whiting Corp.
$4
convertible
Co.
7-20
7-
5
Wichita
20C
(initial)
7-15
7-
1
10c
7-
Co
preferred
preferred
7-11
1
7-11
6-13
Wisconsin
7-15
7-
4te %
preferred
(quar.)
Wood (Alexander 8c
(accum.)
8-
1
7-20
7%
7-11
6-28
Wool
60C
— —
Company, $2.50 preferred (quar.)_
Corpcration (reduced)—
Toledo Edison, 4(4%
preferred (quar.)
Towle Manufacturing Co. (quar.)
Towne Securities Corp.—
$1.75 prior preferred (s-a)
Traders Building Association, Ltd. (quar.)
62 tec
Thor
25C
$1.06 te
9-
50c
1<
5
8-18
7rl5
7-
7-11
7-
7-15
7-
7
(s-a)—
Combing Corp
(F.
W.)
&
5 J/2 %
Chemical
Co.,
convertible
preferred
7-30
7-
2
Yates-American Machine
7-30
7-
2
7-11
6-30
(s-a)
—
2%C
7-11
6-30
Treeeweet Products Co.,
$1.25 pfd. (quar.)
Trinity Universal Insurance CO. (quar.)
Quarterly
Tuckett Tobacco Co., Ltd., 7 % pfd. (quar.)
31 tec
7-15
7-
25c
—
8-15
South
La
Salle
St
25c
11-15
7-15
6-30
62 tec
10-
1
9-20
resident
tax
$1
7-15
7-
1
a
25c
7-15
7-
1
Union
Asbestos
d Less
25c
10- 3
Union
Gas
Union
Electric
Rubber
Co.
of
Co.
Canada, Ltd
Co.
$4.50
preferred
$3,70 preferred
$3.50 preferred
of
Artists
;
United
$3.50
teC1
8-15
8-15'
8-10
(quar.).
Inc—
America, com.
convertible
$1.12 te
9-
1
1
8-
1
9-
25C
(quar.)
1
7-15
7-
6
10-15
10-
5
$25c
7-15
6-30
Fidelity & Guarantee CO.
Insurance
Co.
U.
S.
Pipe & Foundry
Co.
(N.
Quarterly
S. Plywood Corp.,
(Baltimore)
(quar.)_
Y.)
end
8-
19
7-12
7-15
6-
9
7-11
6-20
7-20
7-
50c
7-15
6
6-27
60c
8-
60c
9-30
9-
9-20
8-31*
'
7-15
8
Light
&
6% preferred A (quar.)
4te% series B preferred
Utica Knitting Co.
preferred.A
5%
prcfeired
1
7-15
7-
1
Investing
Warner
7-15
6-27~
7-15
Warren
Class
Co.,
7-15
6-20
7-14
Gross
1
7-14
—V.. 170,
$4.25
1
1
9-28
\
—
Common
7-15
7-15
7-
1
7-15
7-
9-10
9-
12-10
12-
1
7-15
7-
6
$1
25c
37 tec
$2
40c
.
8-
1
9-15
1
9-
7-15
9-
1
8-19
7-30
7-15
1
7-15
s-a)
GIVING
9-
9
7-
8
10-20
10-10
65c
7-15
6-30
7-11
7-
B
(quar.)
7-16
common
(quar.)
7-15
7-
8*
of
of
the
1
7-15
7-
" "
20c
7-15
7-
1
8-
37 tec
corn-
1
7-15
3-10
is
of
7-15
7-
vately
10-
E.
W.
Thomas
20c
35c
„
1
$1.25
$11.75
7-15
10-
1
7-15
6-30
the
Period End. May 31—
TO
Its
of
com¬
the
Provr
debt
by
FINANCING
to
other
trainers
TEMCO
been
for
1949
also
McCulloch
In
al$o
a
award
is
in
plane
from
out.
n
to
•
for
in
Other
the
B-47.
income
Interest
State
placed
underwriters;—V.
are
Various
are
Federal
Other
taxes
on
income
of
to
the
Airplane
Net
$468,955
$458,731
$6,380,905
Dr3,O60
69,246
order
Accrued
$455,670
and
divs,
Convair
new
Transit
Earnings
share
per
of
common
Net
total
contract
President -of
Lawyers
—V.
former
for
of com.
stock..
Net
from
ry.
railway—
$1,977,435
railway
Net
From Jan. 1—
8-16
8-11
7-15
7-11
Gross
8-20
8-
Net
from
J
'
Net
ry.
8-
7-15
.
—
ry.
1,482,900
35,934
stock
*
$3,515,602
353,646
$3,557,148
$3,161,956
$2.34
Ry.—Earnings—
1948
1946
$1,721,250
$1,259,666
322,891
*10,001
2,065,461
income..
169,
plan
Judge
of
The
*54,810
*76,197
44,006
..
p.
785,683
*188,921
8,539,544
2,235,619-
1,918,968
683,493
517,494
8-
1
8-15
7-18
Sprague Electric
Assets.—See Solar
$1.75
8-15
7-18
p.
Co.
—
Offers
to
Purchase
■
i"'
Solar's
Manufacturing Corp. above.—V. 162,
'
^
»
276,590
607,984
294,405
*119,260
273,974
•
♦203,393
2534.
on
Reorganiza¬
'I..
Igoe
postponed
reorganization
or
until
filing
Originally the date
trustees
said
they
could
Aug.
not
the
11
30.
June
meet
audit
undertaken
to
determine
the
projected Tucker rear-engine
duction
The
engineering
andr whether
17d,
p.
12."
'
*
the
survey
plant
,
the
was
is
car
is
for
submitting
reorganization
was
•
the
earlier
exact
deadline
that
surveys
findings
was
business.
date
that
report
a
was
the
were
to
be
financial
started
to
because
were
ascertain
for
such
of
whether
sufficiently developed for
equipped
to
based. The
condition
pro¬
production.—
--
Union Pacific RR. ( Leased
Lines) —Earnings—
(Excluding Offsetting Acounts Between the
Companies)
Period End. May 31—
oper.
1949—Month—1948
oper.
Other
revs..
31,757,315
26,772,157
1,200,000
expenses
taxes
i—
income
1
taxes
(net)
Net'
2
—i
inc.
from
operations
operations
1949—5 Mos.—1948
$
$
2,414,494
1,149,898
164,673,008
129,269,406
3,650,000
10,200,000
10,831,491
12,252,752
1,600,000
2,153,549
■
$
31,962,078 147,088,620
25,582,036 129,807,537
986,796
transp.
.
™—x—
oil &
(net)
Income, from
other
,
Total
7-15
$1.50
I
1,721,261
671,981
...
gas
481,711
.
4,886,363
Net
&
' 4,280,452
sources
•Excludes
8,670,398
•
11,560,078
/
-
1,725,859
1,525,332
3,909,598
->"11,384,823
24,755,808
527,379
2,588,728
2,644,268
8,796,095
19,111,540
all
—-1—
Federal
512,219
'
11,745,735
' 237,226
3,054,268
from
"
-
146,618'
other -chrgs.
income
:
•
2,293,620
&
——
income
*
.
..'
—2,425,939 '
invests.
sources
,
1,378,752 Dr2,086,771
-
*162,956
7,318,383
2534.
17 tec
46,203
'•
.
1947
129,772
•
9,923,006
658,275
1
•
they had not completed audit and engineering
provide the information on which their
Fixed
1211.
$86,672
Equip. & jt. facil. rents
653,601
a
Victor
Secretary
as
1948
1,948,756
p.
issue
12.
p.
'■-2'
.
impractical.
Fed.
1947
$2,006,587
is acting
„
169,
to
proxies.
103,385
_
-
$3,944,156
387,007
for
Federal District
Judge Michael L. Igoe, at Chicago,
July 1, authorized
six-week delay in the
reorganization proceedings of the
corporation.
On the motion of Aaron Colnon
and John H.
Chatz, reorganization
39,370
495,260
corpora¬
*'''
shortly
bid
Tucker Corp.—Court
Postpones Action
tion—
a
$5,503,645
Committees
$349,440
income
oper;
trustees,
-
railwajL.
oper.
•Deficit.—V.
hard
1949
'.7,
railway
railway..
froin
1,009,490
1,052,004.
13,320
401,348
9,407,556
the
$387,559
.,
from
1,109,144'
$5,543,016
182,251
railway
for
111,006
2
i—
income.——
oper.
ry.
•Income from
from
.
"■
-
■
*
production,
RR.—Earnings—
From Jan. 1— t'
Net
$6,450,151
807,734
413,820
oper., income...
calls
expects
a
group.—V.-169,
railway
railway—
Railway
Seattle
1949
from
Net
1
latter
-
May—
Gross
186
Corp. of New York,
adjustment income bond¬
Avenue,
this
'
from
Railway
&
of
V
by Leon Forst,
bondholders -in
President of Third
169, P. 2426.
Spokane Portland
the
Title
group, headed
first
mortgage
from
169,,
$2.64
-
stock..
1,349,832 shs.
for
six-jet
Boeing
company's
...
Gross
Gross
22,142
:
1
preferred
cum.
additional
Consolidated
67
a
Corp.- -Protective
Toledo Peoria & Western
V.
on
-
of
and
..'.-.-J''V"
Smith,
Counsel
pri¬
1,660,000
—
1
Balance applic. to
'
the world's fastest bomber.
other tooling items for
for
making
is seeking proxies from
Third Avenue's
McQuistlon,
,
16,120
income
on
immediately.
announced
receipt
Co.
Alloy:,
Navy
the
by
for
to
Net
1,249,415
1,259,108
1,276,988
income
Aluminum
boards
announced
an
'•
■
2,820
company
committees
representing securities holders of the
actively solicitihg proxies in connection with the
third
1949—12 Mos.—1948
80,477
100,069
deductions
:
»
.
under
the
Bankruptcy Acti
The independent commit¬
first mortgage
bondholders, one such group, has called on the
company's trustees to put into effect
immediately an eight-cent fare
in order to prevent
further operating
losses.
The committee, headed
by Harry R. Amott of Amott, Baker &
Co., Inc., asserts that this step
should be taken
despite any threat by New York
City to cancel the
company's franchises if fares are raised
above seven centsr Such a
provision in the city's charter is
"unlawful and unenforcible"
the
committee said it has been
informed by-its counsel.
The group also
has
urged
trustees • to
investigate the- possibility of sale of Third
Avenue's lines to the
City of New York "at a fair price."
Other committees
soliciting proxies include a group headed
by Lee
tee
Earnings—
income
on
-
•
payroll
..
reorganization
/
-
103,065
$472,533
deductions™"—
other
and
taxes
present
'
.
of
July
earlier>
The
Avenue
Active—,.V
tion/
subordinated
95,794
income
i
Boeing
both
addition
-
manufacture
"
„
which
•
115,486
income
the
-
this
fabrication
early
received
,
rehabili¬
its
said,
awarded
start
from
the
"
-
ability to obtain sufficient
backlog of from $3,000,000 to
$4,000,000
been
will
work
I
experimental evaluation;
it is
expected to
Division, Robert McCulloch, President;,
1943
"3,577
operating
$1,496,133
work,
personnel
consistent
for
contemplated
sub-contract
Mr.'-Howard pointed
TEMCO
Third
a
Net
lg48
contracts
governments;
of
maintain
has
Supply
letter
-
126,700
depreciation(other than inc.)
25c
1
/
-
this
manufacture
23.
Thompson
$1,249,511 $16,267,479 $14,101,261'
507,169
6,101,063
5,426,976
537,668
for
Taxes
12 tec
t$1.37te
Co.—Sales-Contracts—
chrome plating of varied
piston parts and rods for the six-engine
B-?6» ;
the world's largent bomber.
TEMCO already is
engaged In
other sub-contract orders for both
companies as well as for *
other aircraft
concerns.—V. 169, p. 2757;
'
1
the
Jan. 1 to June 30
1948
$1,344,603
L
—
$2.22
filling
$7,814,910 $145,342,992 $161,047,779
Co., Inc., Chicago,
expenses
85,400
-
war
Since
funded
PRESENT
1949—Month—1948
revenues—__
Maintenance
6-30
1
Added
foreign
in
has
to
•Deficit.—V.
Operating
Operating
264,100
-
end
'
9-16
7-
$1.25
.
&
$189,833
.
169, p. 209.
years, Mr. Howard
contract for the
boards
the;same
money.
.
1
7-15
$0.66
as
The
be
2534.
p.
1
10-15
20C
(quar.)
12tec
264,000
Aircraft: Corp.
TEMCO received a contract from
design and fabrication of 119
production tools for
engine B-47 bomber,-generally acclaimed
7-25
12tec
:
common
"
the
\
the
new
any of the $300,000 5% convertible
subscribed for by stockholders will
not
1946
4
-
Vultee
to
expected that
notes
15th.
cycle
past two
Aviation
,
improvements
increased
EFFECT
$6,803,292
.
1947
*$331,402
of $18,249.—V.
$0.39
& Mfg.
volume
employees,
work
prime
chart
■;
7-25
8-10
*
of. some TE-1A
increase
company
the
A
"
off'ce
bomber,
and
Privately—
It
10-year
1
$1.06 te
(quar.)
(s-a)
for
increasing
an
2,500
in
■
~
the
■
just: negotiated by
Force
Air Force
contract
Non¬
source.
1948
$174,142
May 31—
aircraft for
an
The
tax.
.
7-15
62T2W
1
$1.12 te
x_
(quar.)
and
at
at
trustee,
209;
p.
1——™$5,814,766
contract
May—
6-16
25c
_
w
preferred (quar.)—
preferred- (quar.)
8-12
dividend.
amounts
12.-
p.
1
$3.50
Whsley Mason. Mills, Ltd.—
5Mj% preferred (quar.)
9-15
9 Days End. June 30
earnings
Gross
9-20
6c
—
Corp.————
West Michigan Steel
Foundry
7% prior preferred (quar.)
West Peon Electric Co,
for ;the
•
additions
6-30
35c
common
7-15
Southwest Lumber Mills,
McNary, Ariz.—Unsubscribed
Notes to Be Placed
6-30
8-
7-20
(quar.)
1
.
1949
1
20c
Co.
8-
1
$15c
-
tation
Canadian non-residents'
company
has
offered. 100,000
Period—
9-20
12-22
1
26C
50c
r.
i—„—
Mfg.
1
8-
„'
(quar.)
Wayne Knitting Mills (quar.)
Weat&erhead Co., $5 preferred
Wellington Fire Insurance Co.
Welsbach Corp., class A
Wentworth
10-
1-3-50
$2
5c
(quar.)
7-20
9-28
10-
62 tec
Waterloo, Cedar Falls & Northern
RR.,
80© class A
the
war
1
10-
62 tec
(s-a)
(Initial quar.)
Waterous, Ltd.,
7-15
56 tec
(quar.)
preferred
preferred
1
$1.25
Washington Gas Light Co.,
$4.50
8-
$1.25
class
7-30
Southern Ry.- -Estimated Gross
Earnings—
1
$1.25
$2.50
9
7- 8
75c
w
Trusts,
169,
holders/*
8-
(s-a)
Brothers
C
Common
9-
6-27
8-
___
;.
1
7-22
'
substantial
0.19
Inc.—Earnings—
$103,437
264,000
Engineering
Air
37 tec
Southwestern Public Service Co.
Company
new
25c
"
$0.05
company with the United
overhaul and
reconditioning of Military
Transport Service C-54 planes calls
for an extension of a schedule
of
at least 25
planes per month for a least
five months beginning
July 1, H. L. Howard, Executive
Vice-President, revealed on June 21.
The schedule is
the same as that in
effect at the height of the
Berlin Air Lift-
7-20
,
75C
(reduced
1
-
87 tec
—
Street
8-
10-
Authorized
Outstanding
30-year 3J/8% debs, due Mar. 1, 1978—
$15,000,p00
$15,000,000 ,
35-year 2%% debs, due Sept. 1, 1980—
25,000,000
25,000,000
Capital stock (par $25)
u
4,000,000 shs.
2,800,000 shs.
—V. 170, p. 11.
•
•
30c \
5Cc
—
7%
Ware River RR.
25c
7%.
•
•
Redemption—
'1949
share___
4——i-f-i
States
1
25C
y
' :
construction,expenditure* since
CAPITALIZATION
1
7-20
7-
4%
convertible
preferred
(quar.)
Virginian Ry„ 6% preferred (quar.)
Vulcan Corp.', $4.50 preferred"
(accum.)
Vulcan Detinning Co.
1%
7-
7-
7-15
_
—*.
7-
,
"
preferred (quar.)
preferred (quar.)
Wabash-Harrlscn Corp,
extensions,
requiring
the
50c
Virginia Coal & Iron Co. (quar.)——
Virginia Iron Coal & Coke—
6%
7-15
of
—
(quar.)„
Vertientes-Camaguey Sugar
Viceroy Mfg. Co., Ltd
Wall
75c
1
Co.—
(quar.)—
7%
'>
$1.25
tax
296,410
Payment will be made
for Banking and
non-recurring profit
Air
telephone plant,
62 tec
5% preferred (quar.)
5% preferred (quar.)_
Venezuela Syndicate, Tuc
Common
for
been
—
(quar.):—;
E
Vapor Heating Corp.
Sales
A
(quar.)
5%
prior preferred (quar.):
5%
prior preferred (quar.)
Valspai Coi-poration, $4 prefeiTed
Van SCiver (J. B.)
Compahy-v
5%
8-
17tec
—
Wallpaper, Inc., 4% pfd; "(quar.)
Universal Leaf Tobacco, common
(quar.)
Power
7-12
75c
25c
—
United
Michigan
8-22
>
:
United Stock Yards Corp.—
78c convertible preferred
(quar.)
United Transit Co., 5% preferred
Upper
12-20
25c
x
Mining—
__
al5%
deductible
-'
-
$85,850
296,410
sinking fund.
Five Months Ended
6-25-
$15,000,000. In. 1946 it
shs. ($100 par) capital stock to
stockholders for subscription at $120
per shaare, and 98,635 shares were
subscribed for.
The
remaining 1,365 shares were subsequently sold
for
an
average price
of $143.95 per share.
In
1947
an
additional
100,000 shares ($100 par)' capital stock were
offered to stockholders
for subscription at
par, and 99,319 shares were subscribed for; - The
remaining 681 shares were
subsequently sold for an average price
of $117 per share.
It is expected that it will be
necessary for the
company to continue to raise substantial amounts
of new
money as
long as its construction activities remain at a
high level.
11-30*
1
75c
Smelting, Refining &
(reduced)
7%' preferred tquar.)
7-11
^
7-12
Co.
S.
Common
pany's
50c
U. S. Radiator Corp.,. 6%; pfd. (quar.)—,—
U. S. Shoe Corporation, common
(s-a)x!—
U.
remainder
1
50c
common' (quar.)
Texas
6-30
7-15
2
(Continued from page 12)
>
8-
15c
25c
U.
7-15
8-
the
per
•Includes
A
tax
-
1948
$44,377
for redemption on
Aug. 1; next, at 103te
15-year 3te% debentures due
Aug. 1, 1961, for
of
taxes—__
shares outstdg."
Earnings
tools
7-15
75c
Guarantee
7-29
7-15
$40C
15%
T
an
called
Fed.
Capital5
General Corporation and
investment News
10c
—
(s-a)
Fire
9
8-15
of
sub-contract
1
,8-
$2.50
S.
been
Quarter End. Mar. 31—
profit aft. charges
and
$3.50
for this
taxes
__~1_
Pennsylvania Company
v -
dividend tax.
Jamaica income tax. \
The, company's
Quarterly
U.
have
program.
closed
Wylie
-
Net'
Mr.
have
87 tec
—
U. S.
7-
7-31
(quar.)
income tax.
8-17
65c
preferred
U, S.
7-15
1
7-18
$1.12 te
—
,
Distributors, Inc.
not
certifi¬
G.
reecive
1949
income
Chestnut Sts.,
Philadelphia, Pa.—V.
June
8-15
United New Jersey Railroad & Canal Co.—
Shirt
7-
6-30
Wisconsin
xLess 30%
8-18
9-
50c
(initial).—
7-15
7-15
10c
Tube
......
and
Sweets Co. of
America,
7-30
$1.25
(quar.)—;
United Drill & Tool Corp;, class A
(quar.)
Class B (quar.)
—I
United Fruit Co. (auar.)
United
3%
7-11
(quar.)
&
15%; resident
British
7-30
62 tec
(quar.)
Circuit,
7-20
7-30
92
Bond & Share, Ltd. (s-a)
Cigar-Whelan Stores—
United
8-15
87 tec
Theatre
preferred
preferred
Less
7<* 7
(quar.)
Biscuit Co. of
$4.50
,
(quar.)—
—
$4.50
9-10
2
$1.12te]
Lines, Inc., 4'/2% pfd.
UnJyted Aircraft Corp.—
5% convertible preferred (quar.)
United
8-
1
'
(quar.)
will
Canada.
share_-_
•
,
(quar.)
Air
United
$12 tec
Missouri—
Union Oil Co. of California
United
(quar.)——
8-
$2
1
•Transfer books
Bagley Corp. (Detroit)"
Udylite Corporation (quar.)..—
&
7-20
*
Co.
tPayable in U. S. Funds, less
tPayable in Canadian funds,
Corp.
220
1
The
require
11-10
$$1.75
8-
Ltd.—
preferred
County Gas
Youngstown Sheet
5
of
and
"
convertible
common
114.
account
6-30
*
Ltd.
trust
Thos.
and
filed by Dixon S.
Kelly and S. Myron
outstanding
the
7-22
7-20
25c
York
-
1
1
$1
8-10
—
208
6%
8-
7-20
$1.12 te
Yellow Cab Co.—
€c
(s-aF—
B
charges
Interest, $30,000
—
Co.,
25c
class
8%
169,
There
50c
Co.—
royalty
unit.
per
underwriter,
Sun Ray
Drug Co.—Partial
8-
25C
(accum.)
of Canada,
15c
Trenton
$1
Ordinary (interim)
Wrigley (Wm.), Jr., Company—
Common (monthly).
Yale & Tcwne Mfg. Co
1
25c
preferred
Wool worth
1
87 '/fee
__
Electric
James)
1st
p.
50c
;
(quar.)
6c
9
d$1.50
1
$247.50
the
as
Alberta,
and
(quar.)
7-15
Gas
per
8-23
$1
50c
Oil
preferred
Earnings
—-V.
8-31
9-
<
landowners
at
9-15
9-15
9-15
named
March 31—
6-23
1
1
Is
sale
unit
per
Net profit after
Common
shares
15C
8-
6%
7-11
1010-
i
8-
25C
50c
York
for
Standard Cap & Seal
Corp. (& Subs.)- —Earnings—
Quarter Ended
1
25C
offered
Zandmer, Calgary,
1
common
New
be
commission."
The registration
statement was
1
2-
Royalty Trust).
of
"nonproducing
units
to
are
of
$82.50
1
8-
$1.25 2-15-50
4% preferred (s-a)
Wilcox Oil Co., common
(quar.)
Wisconsin Electric Power
5
8-
11-
$1.25
$1.75
(quar.)-
com.
Thermoid
Corp.
6-30
7-15
8-15
8-15
(quar.)
$1.50
6%
preferred (quar.)-,
Textron, Inc. (Rhode Island),
Thatcher Glass Mfg.—
convertible
7-15
20c
_
River
7-20
1
11-15
(increased)™:
Corp
Stockyards Co.—
Wichita Union
Insurance
8-
75c
Fund, Inc._
50©
—
6-15
$1.25
Sewing Machine, common..
$2 prior preferred (quar.)__
$75c
Steel
6-15
1
$1.25
White
7-15
7-15
7-15
62 tec
Weston Electric
7-11
7-15
T50c
statement was filed July 1 with, the SEC
covering
Spring Coulee Perpetual
Royalty Trust Certificates (Ail I
of
1,120
cates''
Co.
6-30
$35c
Instrument (quar.)__
Wheeling 6c Lake Erie Ry.—
4% prior Hen
(quar.).
11- 5
1
40c
&
Odin
Transamerica
8-
25c
(s-a)
Terre Haute Malleable & Mfg. Corp. (quar.)
Texas Power & Light, 7% pfd. (quar.)
$2.40
8-15
31 tec
Inc.
Stockton
Tennessee
31 tec
$1.12te
8-
7-15
(quar.)
Stationery Corp.,
The
6-20
8-15
units
Alberta, Canada
6-20
7-15
$40c
(quar.)
Westmoreland Coal
$$1.25
Iron
preferred
1;120
6-20
7-15
$1.12 te
(quar.)
Westmoreland, Inc.
Strnthers Wells
—
A
7-15
$1.02 te
-
A
Western Tablet &
7-20
8- 9
J.
—
Pacific
preferred
Spring; Coulee Perpetual
Royalty Trust—Files
A
Payable of Rec.
$1.05
(quar.)
(accum.)
RR., common
preferred A (quar.)
preferred A (quar.)
5%
7-23
9-
$1
$12 tec
50c
Corp.—
$1.25 preferred
(quar.)
$1.25 preferred (quar.)__.
Sun Oil Co.,-4%%
class A pfd. (quar.)—_
Sunray Oil Corp., common (quar.)Supertest Petroleum Corp., Ltd.—
class
Western
Monday, July 11, 1949
Holder «
registration
prelerred
$2.50
1
10-
8hare
(quar.)
:._™:—
Western Insurance Securities Co.—
1
$1
When
$1.12te
Breweries, Ltd. (quar.).._
Grocers, Ltd., class A (quar.)
Western
Inc.
(quar.)_™
CHRONICLE
,
(quar.)
preferred
Western
8
Company, common
,
Co.
prefcired B (quar.)
4.10% preferred C (quar.)__
West Virginia Pulp &
Paper
7- 7
9-12
Power
preferred
4.20%
7- 7
8-
25c
1
Penn
4 te %
12-15
8-
25c
FINANCIAL
Per
Name of Company
West
$1.25
&
Holder$
9-30
(e-a),
Stonega Coke & Coal
COMMERCIAL
Payable of Rec.
$1.25
—
Bterr.
When
2,542,049
income
taxes.—V.
3,382,219
169,
p.
2689.'
Volume 170
Number 4819
THE
Turner Construction Co.—New Vice-President—
H.
on
Eagles,
ager
one of the company's first dealers,
and General Sales
since the war, has been elected Vice-President in charge of
The
Mr:,Tuttle, who has been with Giffels & Vallet, Inc. for the past
10 years- and
during World War n directed important construction
work at the Naval
Operating Base, Norfolk, Va., will have general
supervision of contract negotiations in
in New York,
Boston, Philadelphia and
new
officers
Gunnison
Mr,
development
of
homes
cities
* Yv
This'corporation
to
Mr.
set a new all-time company record for passenger
during the first six months .of this year, according
Vice-President—economic controls.
traffic
cargo
HI E;
Nourse,
Nonrse
said
that
in the
half
flew
United
year
mihion, passengers^ and
one
approximately '627,000,000
17%
and 16%,. respectively,
revenue
senger miles, increases of
with.- the same period last.
year.
The- six-month/figures
which: the
and
boosted
146;300.000L revenue
it
by
flew
year,
mail
tonr
Increase of.21&%
an
gain
a
of
from
30%,
-
Y
same
shall
1949
be-regular
way
Net
788,855
income—
oper.
ry.
*48,661
*99,706
All contracts
unless" otherwise
specified.
condition
The
11,
turned
7
-
than
worse
to
ever
reported
in
a
At
July 1, 1949.—V. 169, p. 2689.
1
,
/;■
stocks
.-.7
■;
called
for
Y
-Y
well
as
for the McLean
as
It
f
Y
violating
the
States
Rubber
is
Co.
leader
a
in
the
of
one
most
highly competitive industries in America. We are in business to serve
public by providing the best possible products at the lowest pos
sible prices.
All our relationships with other companies are designed
to help us achieve this objective.
All our relationships are legal anu
fair to the public.
We believe that a company, like an individual,
prospers only to the extent that it serves, and that bigness in business
is a reliable sign of service.
We deny the government's charge that
we are violating the anti-trust laws."—V.
169, pp. 2216 and 2321. 7
7
income
these
engines
Rejected—Strike Possible July 16—
After
*
loss
as
result
a
'7
V;
with the
Y'Y '
'■
order
on
at
aircraft
item
said.
engines
of
good
J",7-;
if
It
no
has been reached
agreement
before
the
last-mentioned
date.
July 7, Cyrus Ching, Federal Mediation and Conciliation Director,
Mr. Murray and officials of the United States Steel Corp. to a
joint meeting to be held today .(July II), in an effort to find a means
cf settling their contract dispute.
7
""777,
7-7f- -'v''
Benjamin F. Fairless, President of the Steel corporation, on July 6
in
part:
.-a_
,237,664
1,170,931
$710,142
$2,487,290
$2,104,045$
Fixea charges
a
income.—$445,609 '
Net
—
ltj^,
*.
p.
/'■/■'1 "'N
^
company's affairs was
according
news,
,-*;
■ ■
definite
in
falling off in orders for steel products, the steel operating
States Steel,
along with that of the steel industry
has dropped drastically in the last three months.
Y'.
generally,
"In
its
extensive
current
demands,
the
Union
has
also
asked
for
a
most
life, accident, health, medical and hospital
insurance benefits, the entire cost to be paid by United States Steel
Corp. The insurance program so proposed by the Union far exceeds
anything of this character now in effect elsewhere in this country.
Accord.ng to the cost estimates of the Union, the accuracy of which
Uhited States Steel has not yet been able to check, the cost of such
a
program, if applied to all employees of United States Steel, would
be
of
program
United States Steel informed the
Union in the discussions on this subject last year that it would look
with favor toward making available to employees insurance benefits
within reasonable limits, through joint action involving contributions
to the cost thereof by both employer and employees/ These discussions
a year ago came to naught, because the Union rejected this
suggestion,
insisting that no part of the cost should be assumed by the emp.oyees.
"United
States
Steel
has
a
..,'V
;y
to
Cecil,. Is
Mr.
that;
the
new
7•
;'7
,v
?, Y
v
j
-,-
'
„
V.
Gross
the
Union
of
its
continued
wi'l-
ingness to arrange with the Union for a reasonable insurance pro¬
gram, but upon the
express understanding that the cost of
such a
program
shall be equally divided between its subsidiaries and the
participating employees.
.■•- 777,/:.'
:
"In the present negotiations
of
pension of $150
Steel's
is
Into
a
present
or
no pension
Union
shall
year
—V.
abide
estate
ager
170,
during the
of Gunnison
No.
a
21/64
Young County, Texas produced 482 barrels
inch choke in a 383/4-hour flow test from, the
The well
-
'77'y-i.7,
48.
Net
Power
week
the
7
,
V
;
..
; ;
7, :v""
From Jan. 1—
output
ended
170,
48.
p.
Western Pacific RR. Co.—Earnings—
-
V
May—
;
from
Net
Net ry.
1948
1949
1947
,
by the
terms of
the
O'Brien,
$3,825,601
$3,517,557
$3,273,426
363,300
843,419
680,782
income...
394,697
501,286
366,257
oper.
$2,925,113
290,262
73,834
war.
has been
Homes,
Inc.,
in
Net
1—
railway....
from
from
Net ry.
income—.
CONSOLIDATED
(Inch
18,506,417
2,277,813
808,514
3,321,735
1,409,979
3,043,764
1,525,904
2,851,162
'1.239,753
railway—
oper.
15,964,210 ,14.895,211
16.611,671
INCOME
SYSTEM
Sacramento Northern
elected
of
New
of
President
and
Albany,
Ind.,
all
Army
General
a
real
Man¬
subsidiary.
20,657
>
269,800
*
1,951
19,19$
1,684.087
241,524
93,170
'
1,561,060
113,500
124,590
270,333
89,247
,
Co.—Earnings—
1949—Month—1948
1949—4 Mos.—1948 '
$15,019,607 $15,664,039 ;$59,277,543 $62,885,860
expenses—
15,541,612 15,752,796 61,310,700 62,286,190
Period End. Apr. 30—
Operating
revenues
Operating
Net
*$522,005
74,671
inc.—noncom..',
ordinary
Deducs.
inc.-^
ord. inc..
from
*$88,757 *$2,033,157
101,807
346,229
*$599,660
*$447,334
revenues..,
oper.
Ordinary
$13,050 *$1,686,928
1,764,079
$1,211,640
1,864,330
*$435,885 *$3,451,007
ordinary
Extraordinary
*$652,69#
448,935
*442,140
.
income
*$889,474
current / *
'
-Net
15,369
(net)———
income
1,302
(net).
——
*$888,172
611,97*
4,183,41#
11,826
*$420,616 *$3,430,050
Delayed 'income
9,131
; 25,00#
r
Net inc. accounted for
/
month
during
Deducs.
from
—
$3,555,720
12,000
1,156,00#
*$424,516 *$3,442,050
$2,399,72#
4,000
3,000
inc..
net
income
Net
trans,
surplus
,
to
♦$891,172
...
Y '
•
./
New Link Between New
-
"
,
■
York and Mexico City—
June 17 announced the inauguration of new direct
circuits between New York and Mexico City an#
Antonio, Texas, and Mexico City to provide additional
links between the telegraph systems of,the United States and Mexico#This was coincident with the effectiveness
on JunA If cot a
new
This company on
landline telegraph
San
between
between Western; Union and the National Telegraphs em
period of 20 years covering the interchange of telegraptt
the two countries. "
V
:
/
Under the new traffic interchange agreement all telegraph com¬
munications in Mexico will be handled by the National Telegraphs of
Mexico connecting with Western Union circuits to all points in th#
United
States.
The agreement becomes: effective at a time whejJ
Western
Union is nearing completion of a nationwide network of
Mexico for a
between
high
from
any
communication
speed
centers
Worthington Pump & Machinery Corp.
Ry.
oper.
revenues
oper.
expenses—.
Net rev. from
ry.
Ry.
and
STATEMENT
Tidewater Southern Ry. Co.)
$275,513
$977,314
oper.
Railway tax accruals:
Payroll
——
111,261
tax
$1,874,0&
203,729
tlncome
All
—_T
142,673
$2,111,509
404,388
571,740
203,729
33,290
112,719
92,915
403,509
371,728
55,688
54,039
244,641
330,830
.*$14,114
$617,762
$803,920
70,148
246,229
221,930
§541,281
30,865
$56,034
$1,025,850
119,534
$863,991
221,264
49.891
45,459
190,422
181,178
!' $460,524
other
inet
rv.
Dr),
income-
oper.
income
—.
(L. A.) Young Spring & Wire Corp.
Total
income
deductions
charges
—
—.—...
Sells Note#
(& Subs.)—Earns.
1946
1947
1948
Y—*
1949
$4,490,826
$3,697,061
864,990
$1,582,332Dr$2,664,124
1,042,959
$3,447,867
$2,832,071
$936,259Dr$3,303,440
9 Mos. End.
April 30—
profit
Gross
tOperating
Other income
*$108,959
$452,306
$56,243
$493,916
..
-——-
.L-.Y
Federal
for
Canadian
of
Refund
&
251,721
168,780
331,435
60,206
$2,892,277
76,246
53,424
1,423,200
1,137,200
403,663
$2,307,649
408,658
$1,678,830
408,658
408,658
$5.65
$4.11
$1.63
$l,lO5,O39f)r$3,O54,7l0
48,804
and
inc.
taxes-
prior
years',
profits
excess
a_——-——/:
Net profit
——
Capital shares outstdg.
Earnings per share—...
»Loss.
642,310
646,073
$3,779,302
48,453
—-
...
deductions
Other
inc.
profit
Income
depreciation of $396,143
1947, and $332,657 in 1946,
J After
$291,706 in
.
47,365
——
—
20-year loan for $15,000,000 at 3V4% interest. The term#
include provision for mandatory annual principal pay¬
$750,000 beginning July 1, 1953. The proceed#
have been used to retire a bank loan and the balance
added to working capital.—V. 169, p. 1821.
taxes
Equip, and joint facility
rents
ilasB
ments of
Prov.
Ry.
which' telegrams
through
point of origin to destination without manual retransmission a®
point.—V. 169, p, 2689.
*
Total
1949—Month—1948
1949—4 Mos.—1948 $3,873,258
$3,143,113 $13,527,799 $13,172,604
2.395,944
2,867,600 11,653,770 11,061,095
Period End. April 30—
in
Cr30,000 Cr2.710,331
$677,952
*$393,181
1949,
408,650
Nil
$389,608
in
1948,
NOTE—Operations of L. A. Young Industries of Canada, Ltd., and
its subsidiary have been consolidated herein on the official rate of
exchange prevailing during the nine months' period. Such operation*
resulted in a net profit of $370j225 ($246,178 in 1943, $109,980 in 1941
and loss, $26,294 in 1946) after appropriate translation of Canadian
assets and liabilities at April 30.—V. 169, p. 2758.
788,429
Zenith Radio Corp.—To Delist Stock—Contract—
stockholders on July 26 will consider delisting the common
of the corporation from the Chicago Stock Exchange: also «
proDO"*-' contract between the corporation and Teco, Inc. (an Illinois
The
♦Net
labor contract it entered
charge
1,626,986
:
V
v
from'railway
railway—.—
rv. oper. income—
From January
Gross
income
^
available
for
contingent charges,
i. e.,
capital
fund,
inter¬
stock
requirements on general mortgage 4M»% income bonds/sinking fund
other corporate purposes,
tlncome taxes are accrued on a con¬
solidated return basis. The deduction lrom taxable income for net loss
corporation).
of
also
and
was
1,865,289
435,579
191,361
1
1946
;
Selling and admin, exps.
est
who
$324,874
61,026
—V. 169, p. 2535.
1946
railway____
railway.—.-
from
Gross
Misc.
established
1947
Privately—H. C. Ramsey, President, announced that th#
company has received from an insurance company a
the electric properties of this company for the
1949 totaled $3,447,400 kwh. a decrease of 4.94%
kwh. for the corresponding week of 1948.
of
July 2,
—V.
Fixed
plan,
-r44,666
16,208
from
Net
•
the output of 93,041,000
in
pension
$328,643
Gross
Net
1948
$387,322
81,014
36,492
.
ry. oper. income.—
trafiic
'- V"--7".•-"-7."-".:;:
over
Many large industrial companies
The sole issue at the moment is whether
non-contributory
inadequate.
plans.
.
railway..—..
6
Holbert Field.,
p.
♦Amount
J.
that Warren Oil Corp.'s Dowda
West Penn Electric Co.—Weekly Output-
ago."
John
29
request by the company to sell $2,000,000 worth of bonds. Robert C.
Vice-President, asked the Commission to waive the competitive
bidding requirement on the 'sale in order that the company may save
an
estimated $34,500.
' Y
i;.v7, 7 '
Two
interested firms, namely the Aetna Life Insurance Co.
and
Bankers Trust Co. of New York, each agreed to handle hatf the issue.
Net
pension plan,
New President of UnitGeneral
June
on
Y ;,Y,.YY/
The Union has mentioned
month.
a
adequate
today have
the
the
Lime.
Other
new
and Tidewater Southern Ry. Co. >
1849
\
V ■'
railway.—
from
from
,,
Owers,
a non-contributory
The issue at this time is not whether United
1911,
announced
$2,000,000 Bonds—
to be entirely financed
a
bj^ United States Steel.
States
in
the Union has demanded the institution
by United States Steel of
STATEMENT *
INCOME
Alabama—Earnings—
Net
■
can
Evidence of a tighter corporate bond market was presented June 29
during a hearing by the jDistrict of Columbia P. U. Commission on a
year.
Informed
SYSTEM
inven¬
an
group
approximately $48,000,000
103,651
*
which,
view
a
United
96;785
"
aoza.
CONSOLIDATED
Western Union Telegraph
V
"The granting now of a further wage increase by United States Steel
undoubtedly would encourage a general fourth round of wage Increases
throughout American industry.
to
$3,561,436
agreement
same
period.
A demand for higher rates of pay can no longer be
justified on the ground of continuing increases in the cost of living.
of
-
'
May—■ :.-r
gasoline
Washington (D. C.) Gas Light Co.—Seeks Private Sale
firmly believes that there is no sound
br proper Justification for the granting by it of such a wage increase
at this time.
The present average hourly earnings of steel workers of
United
States Steel
are
among
the highest in American industry.
Average hourly earnings of such employees were $1.69 in May, 1949,
as compared with
85'/2 cents for the year 1940—an increase of 97.7 %
as compared with
an increase of 68.9%
in the cost of jiving over the
"Due
$3,154,02$
$3,257,670
1,153,630
income
Western Ry. of
:yt.'Y/: '<:"'/•''■>• Y
"The United States Steel Corp.
rate
/;
$3,658,221
manage¬
averaged 28 barrels of oil per hour during
last five hours of the flow test.—V. 169, p. 2037.
;.7YYYY'YY/YsYY
.
69,932
$941,619
23U477
and
";-7
..
nothing
oil through
Caddo
called
stated
502,963
$683,273
7YviV; Y.Y"
,
was
Well
v.-
On
$2,647,308^
- 568,771
62,050
$3,128,405
157,093
.10,134
(Incl. Sacramento Northern Ry.
be stated that this time, there are
it is believed, may be of advantage
corporation," he said.—V. 169* p. 1928.
7
your
of
$773,592
142,969
13,247
income.
oper.
earned
days of collective bargaining negotiations,
the cor¬
July 6 declined the proposal of the United Steelworkers of
America—CIO for an increase in the rates of pay of Its steel workers.
Philip Murray, President of the union, promptly called a meeting of
the union's wage policy committee for July 13 to discuss a possible
strike on July 16.
Under the contract with subsidiaries of the Steel
corporation, the steelworkers can strike in support of their demands
$533,373
parts and scrap
Y; Warren Petroleum Corp.—New-Well— y,'*
on
1949—-Month—1948
1949—5 Mos.—1948$3,705,986 $3,853,355 $18,911,138 $17,569,1651
2,629,613
2,395,763 12,894,733
12,540,86'$
543.000 :
684,000
2,888,000
2,381,080*
:a_.
,
will be severe," he added. "But
project, would surely have been
Y,Y
unfavorable aspect of the
"While
some
poration
Marylandt Ry.—May Earnings Show Drop--
21,068
Gross
Y7■
the undelivered
Yy-'Y
this step
of
had we proceeded
several' programs
;
$426,33#
.
$920,551
ry.
•Deficit.
United States Steel Corp.—Demand for Higher Wages
$808,733
$370,094
$663,095
Net
*
to
,
237,380
.
Other income^.-.:—• 20,178
management has '-drastically 'reduced ltd" payfbll, beginning with a
30% cut in executive salaries.
The saving is about $80,000 a year,
-he
•
45,137
$356,427
....
Expected"
proxy
were,
orders for
cancel
he said. YYY
project,
loss,
An
the
96,866
46,657'
........
Taxes
Consequently, it was "absolutely necessary and urgent" to revalue
this inventory
"in accordance with sound and accepted accounting
practices," Mr. Cecil declared. "While this Step will result ill a substanr
tial los?,
It will bring substantial savings in the personal property
taxes the company has been paying to the City of Detroit," he said.
,
United
"The
Dr9,l23
♦Amount available for contingent charges, Le. capital fund, interest
requirements on general; mortgage 4V2% income bonds, sinking fun#
and other oorporate purposes.—V. 169, p. 2465.
Gross
others-with
the DyPont company, General Motors and
anti-trust laws:
: •.v.'
....
Operating
revenues..
Operating expenses..
556,421
38,016
*5,628
parts valued at $200,000 at the end of
2948, according to Mr. Cecil.
The old management, he said, admits
that there are "no conceivable potential customers for these engines."
ment in answer
this company,
charges
Western
group
y, 77,
;•
„
of
decided to
tory of
:
<
10.000
ruinous.",--,
Herbert E. Smith, Chairman, on June 30 issued the follolwing state¬
to the suit filed by the Federal Government charging
.
for
"The
the
Y<Y|Y ;.J; .,;YYYYv' Y;Y YY-Y
United States Rubber Co.—Answers Suit— >7v
Cecil said.
Mr.
was
the
Kennedy Services from Eastern Canada.
$512,097
Period End. May 31—
been
a
$394,261
Operating income——
Equipment rents (Gr)..
Jt. facil. rents (net Dr)
,
Another
Yy';Y^Y
170, p. 12.
.
.
'
Suewer, well-known in shipping circles, was for a number of
years Vice-President and General Manager of The DeLaRama Steamship Co., Inc.
7;.7
■, •//
The Ajax companies are traffic agents for Pacific Transport Lines,
—V.
885,20#
226,31#
»—
income
♦Net
price of
approximately $34 per engine and labor costs had t>een estimated
at
about $10 per engine,
he explained.
But no record was found
of any orders for these engines and competing
manufacturers had
cut
their wholesale prices
for such engines down to between
$23
and $27, he added.
V
7'
,7"--..-
Mr.
Inc.
$1,537,94#
212,140
end
Parts
Forgash,
■
$1,258,253
50,756
$466,782
45,315
of
engine,
President, on July 1 announced that Robert F.
Suewer has been appointed Vice-President of Ajax World Wide Freight
Corp. and Canada-Ajax - World Wide Freight Corp., Ltd., two subsidi¬
aries.
296,989
$1,270,700
267,24#
*17,370
'A more serious situation was revealed in the previous
ment's
proposed manufacture of a iJ/2-horsepower utility
,
V Yi
United States Freight Co.—New V.-P. of Units— Y
Morris
$961,264
and government bonds, whicji had been reported at $318,378
of 1948, were down to $235,321 on April 29, 1949, and -a
approximately $54,000 had been recorded in the first quarter
the current year, according to Mr. Cecil's letter.
/v >7>
the
of
redemption
■; 'Y-Y/'>Y:
388,750
$343,502
Cash
at
loss
The Bankers Trust Co., New York City, has been appointed co-agent
Bank & Trust Co., Davenport, Iowa, to redeem the
preferred
$1,659,450
351,980
Fixed
fight which gave a
headed by Mr. Cecil.
W. O. Warner/ former President and Chairman, was
director but was not elected to any other office.
,7 7
a
$1,313,244
57,923
>'
with? Davenport
prior
as
$524,705
107,339
.
Miscell. deductions
corporation was found to be "a good deal
anticipated," when the books and records were
the new management on April 29, R. E. Cecil, President,,
letter to stockholders dated June 23.
^
time,
-reelected
Company.—See American Natural
Gas Co. above.
:: VY: Y J,'Y*-'77
Redemption. Agent— 77'7 't''■■■■ ■ " YY#Y.YY: Y''
6%
that
$450,841
*
...
1946
$55,897
15,406
.
4
469,15|
Y Y
.
716,140
511,482
other
Total
,889,079
175,592
71,102
i
—
Net ry. oper. incomeOther-income .j.
V—
of
!
2535.
The change in management followed
majority of seats on the board to the
ther Interest in Latter
and
731,677
*3,014
*36,856
-
v
*
67,423
:
1947
$159,152
25,396 '
11,835
'
107,973
this
of
had
$2,956,661$
507,372
the
Gulf
the
to
Warner Aircraft Corp.—Status "Worse Than
•
7
•
6.36%
p.
$2,713,827
144,407
Railway oper. income
Equip. & jt. lac. rents
(net Dr)
360
,
and after July
on
169,
$845,15^
102 684
»
•
1948
$185,098
36,170
33,090
.1949
:$96,616
*41,759
*47,028
i
railway..
Net from railway..".
$839,797
I"com* .taxes
'
from,
Gross
United Light & Railways Co.—Stockholders Subscribe
Over 99% of American Natural Gas Stock—Has no Fur¬
7%,
border
.
.From Jan. 1—
.
—
,7
from
,
13, 1949.
Canadian
0
from
13,967,92f
All
i.
railway
railway.,
Net ry. oper. income...
The Uniform Practice Committee of the National Association of
Securities Dealers, Inc.,- District No. 13 on July 5 announced:
•
All "when-distributed"" contracts in the. $10 pat value capital stock
July
the
7
•May—
Gross
Net
■1
on
from
and
Mountains,
♦Deficit.—V.
settled
of
Utah Ry.—Earnings—
and
United Gas Corp.—Stock Delivery Ruling
be
view, to
range
j
than
„
shall
a
wider
14,811,637
Railway tax accruals—Payroll
research and product
providing an .additional, series
price classes than now exists.
a
more
period last year; 5,300,000
2,850,000 express ton miles, a
decrease of 24y2%.
June cargo, estimates were: air freight, 1,846,500
ton nules; air mail, 897,000 ton miles,- and
air-express. 430,000-ton
miles:—V. .169, p.\ 2758. 7
.7,
,
.
J,
V
miles,
with
a
'
"*♦'
'
*'
,
2,966,827
company's
company has dealers operating in approximately
towns extending from the Middle Atlantic. States to
f *
Net rev. from ry. oper.
sales.
Export Co., died June 30, 1949 at Rockville Centre, Long Island, N. Y.
He was 59 years old.—V, 169, p. 2216.
7
tively,' over June, 1948.
Passenger load factor for this six-month
period was 67% as against 66% for the similar 1948 period.
la addition, United
flew 10,900,000 air freight ton-miles in the
half*
in
the
expand
- •
-
3,157,867
Man¬
program designed to
a national basis
and
Thomas J. Digan, Vice-President and Director of United States Steel
pas¬
record-breaking June in
250,000 passengers
passenger miles, gains of 13% and 6%, respec¬
were
estimates
company
expansion
an
Obituary—'
compared
as
sell
Mexico.-
estimated
an
Undertake
the
and
Rocky
will
activities
to
Currently,
and
will
*-■'
n*v»r.
Railway oper. expenses.
enlarge the Gunnison Dealer'Organization on
to step up the company's Research and product development activities.
the Turner company's offices
Chicago.—V. 168, p. 552.
United Air Lines, Inc.—Sets New Records—
Pa°wav
1949—5 Mos.—1948
1949—Month—1948
Period End. May 31—
prefabricated homes.
has
business.
new
FINANCIAL CHRONICLE
Foster Gunnison, founder of the company and President since 1935,
been elected Chairman of the board of directors.
William B.
Jr., President, .announced-on July 4 that Edward X.
City has been elected by the directors as a VicePresident - in charge of new business for the
company, effective im¬
mediately. Mr. Tuttle succeeds J. P. H. Perry, who continues as ViceYork
President and consultant
&
The latter company is a leading manufacturer of
C. Turner,
Tuttle of New
COMMERCIAL
subsidiary companies reduces taxable income to such an extent no
% Deficit.
greater accrual than is shown is necessary to date.
thp
.
'
*
,,
,
on
July 26 will consider a proposed contract
corporation and Teco, Inc.
(an Illinois corporation));
the delisting of the common stock of Zenith Radio Corp. from
Tne
between
stockholders
this
Chicaco
Stock Exchange.—V.
169,
p,
1714.
50
THE
(150)
COMMERCIAL
STATE AND
FINANCIAL
&
CITY
CHRONICLE
Monday,, July 11, 1949
DEPARTMENT
BOND PROPOSALS AND NEGOTIATIONS
Co., of Detroit and Hannaford &
Talbot, of San Francisco.
ALABAMA
.
Decatur,
Ala.
Bankers
Trust
Co.,
of
New
York, Halsey, Stuart & Co., Ba¬
con,
Stevenson & Co., of New
York, Blair & Co., Inc., Braun,
Bond Sale Details—The
$1,500,purchased by a
syndicate headed by Sterne, Agee
& Leach,
of Birmingham, on a
bid reflecting a net interest cost
000
school
of
bonds
about
noted in
at
v.
price of 100.14, as follows:
a
$175,000
as
from
635,000
690,000
Due
to
on
1956
2%s.
as
<
June
Due
June 1
on
3s. Due
to
I
1979
June 1 from
on
inclusive.
Arkansas
dated
(State of)
April
Dickson
S.
& Co., Eastman, Dil¬
Co., Eldredge & Co., Esta-
&
lon
brook
&
Co.,
all of New York,
Bank, of Minne¬
National
Gibbons
&
Co., Inc.,
Parsons & Co., G. C.
Haas & Co., Hemphill, Noyes &
Co., Hornblower & Weeks, all of
Geo.
Chase
1, 1941
1
apolis, First National Bank, of
New York, First National Bank, of
St. Paul, First of Michigan Corp.,
Na¬
tional Bank has been appointed
paying agent in New York City
for the principal and interest on
the outstanding State of Arkansas
Highway Refunding bonds 3% and
3V4%
|
Commerce Trust Co., of
Kansas City, R. L. Day & Co.,
of New York, Demsey & Co., of
Chicago, Dick & Merle-Smith, R.
First
ARKANSAS
Paying Agent—The
York,
1
inclusive.
1957 to 1969 inclusive.
as
1970
4s.
1952
from
Bosworth & Co., Inc., Burr & Co.,
Byrne and Phelps, Inc., Chemical
Bank & Trust
Co., all of New
2.94%,
as
previously
169, p 2690, were sold
aggre¬
gating $114,796,000.
B.
Graham,
New
Myers,
out cost.
of
bonds
bid
Illinois
Clerk,
Cross,
all
National
of
New
Bank
&
York,
Trust
City
Co., of
Kansas
City, Robert W. Baird &
Co., of Millwaukee, C. F. Childs
& Co., Hirsch &
Co., Trip & Co.,
check
Channer
cago,
&
Co..
of
Securities
Rand
&
Co..
E. Lowber Stokes &
,
Co.,
awarded
sas
City, Ballman
cago,
about
I
/
&
Co.,
of
Portland, Fauset, Steele & Co., of
Pittsburgh, Henry Dahlberg & Co.,
of
Tucson, Hill, Richards & Co., of
of
of
1.826%,
Angeles, Chas. N. Tripp Co.,
Portland, R. C^Schmertz & Co.,
Pittsburgh, Jones B. Shannon
&
interest
price
$46,000 l%s. Due
to
1950
10,000 2s.
;
i
1958
Due
on
$70,000
inclusive.
Aug. 1 in 1959
and 1960.
140,000
1, 1949. Second high bid of 100.01
$26,000 l%s and $30,000 2s was
by Heller, Bruce & Co.
Del Paso
.
109,000 2%s. Due
1967 to
Sacramento
County (P. O.
Sacramento), Calif.
were
$18,000
July 6—v. 169,
iy4s.
as
awarded
to
the
2798—
Bank
of
America National Trust & Savings
Association, of
a
price of
San
Francisco,
at
100.272, a net interest
cost of about
3.131%,
$14,000 SViS. Due
on
as
follows:
Due
June 15
on
June
on
The
Due
Aug. 1 from
of
Aug.
1
one
for the issue.
are
bid
dated
was
the
bonds
dated
are
Bernardino
—
son,
will
a.m.
(PST)
as
1951
from
to
1953
inclusive; $4,000
1954 to 1956 inclusive,
$5,000 from 1957 to 1959
inclusive.
Sale
Aug.
1,
submitted
Trona
Unified
Dated
Due
Denomination
District
$1,000.
1,
1948.
Due)
,
The
second
(
—
& Co., of San Francisco.
Dated
Aug. 1, 1949. Due on Aug. 1 from
County
interest in
excess
of 2.99% per an¬
shall be callable and subject
num
to
redemption in the inverse or¬
of their numbers on July 1,
or on any interest payment
Bonds Sold—An issue of $270,- date thereafter prior to maturity
000 1948 sewer bonds, series B on 30 days' notice, at the principal
1951 to
1969 inclusive.
der
Yuba City,
ican Trust
Calif.
1959,
Co., of Los Angeles,
follows:
;
as
as 2s.
Due on June
from 1950 to 1957 inclusive.
80,000
2V2S.
as
from
134,000
Due
1958 to
23/4s.
as
June
on
15
15
1964 inclusive.
Due
June 15
on
accrued thereon to the
date fixed
redemption, plus a premium of
V\ of 1% on the principal amount
thereof for each unexpired year;
provided such premium shall not
in any event exceed 2% of the
principal amount of the bond re¬
deemed.
Bonds maturing in 1969
shall, regardless of the
interest rate they bear, be callable
and subject to redemption in the
to
Dated June
est
amount of "such bond and interest
for
'
$56,000
15, 1949. Denomina¬
$1,000. Principal and inter¬
(J-D) payable at the office
the
City Treasurer.
Legality
by Orrick, Dahlquist,
Neff & Herrington of San Fran¬
approved
V'V,
1971,
inverse
order
said bonds
on
of
the
of
numbers
July 1, 1959,
or on
interest payment date there¬
prior to maturity,' on 30
days'
notice,
at
the
principal
any
after
amount of such bond and interest
CONNECTICUT
accrued thereon to the date fixed
for
Haven,
Bond Sale—The
pon
Conn.
$1,645,000
50—were awarded
&
cou¬
Trust
igan
Inc.,
Halsey,
Stuart
of
New York, Northern
of
ceed
&
Burr,
and
annum
of
York,
tures
as
a
1.40s,
at
a
price
basis of about
of
1.372%.
in
excess
the lot
on
in
1960
so
to
the
of
subject to
of
said
lot
the
sale
is
the
to
2.99%
per
whole, each
sold which
1971,
ma¬
shall,
interest
redemption
bonds
1951 to 1969 inclusive.
661,000 General Public Impt. No.
14 bonds. Due
cost
amount
re¬
rate
on
particular bonds, be callable and
$989,000 General Public Impt. No.
914 bonds. Due on July 1 from
.
as a
If
for
of
pre¬
event ex¬
any
interest
unex¬
such
redeemed.
such bonds
gardless
each
advertised
any
District
Hornblower & Weeks, all of New
100.215,
bond
at
for
provided
of the principal
2%
bonds
sold
premium
principal
a
the
not in
shall
the
plus
of
thereof
pired *year;
syndi¬
Coffin
1%
of
mium
to
Co., Chicago, First of Mich¬
Corp.,
V4
amount
a
composed, of
Co.
redemption,
of
bonds offered July 7—v. 170,
cate
Principal
and interest payable at the
cost.
without
June 15 from 1950 to 1960 in-
elusive.
June 1, 1958.
on
Sch.
June
The
of Robinson,
Robinson & Cole of Hartford, will
be
furnished
to
the
purchaser
—
Sale consisted of:
bonds.
from
16, 1950.
opinion
$3,000,000 school coupon bonds.
j
highest bid-, Dated July 1, 1949. Denomination
der was the Bank of America Na-! $1,000. Due on July 1, as follows:
tional Trust & Savings Associa¬ $223,000 in 1952, $230,000 in 1953,
tion, San Francisco, on a bid re-, $107,000 in 1954, $110,000 in 1955,
fleeting a net interest cost of $115,000 in 1956, $120,000 in 1957,
about 1.76%.
$125,000 in 1958 and 1959, $130,000
<,
in 1960, $135,000 in 1961, $140,000
Sutter Union School District,
in 1962, $145,000 in 1963 and 1964,
Sacramento County (P. O.
$150,000 in 1965, $155,000 in 1966,
v; ,
Sacramento), Calif.
$160,000 in 1967, $165,000 in 1968,
Bond Sale
The $38,000 school $170,000 in 1969, and $175,000 in
bonds offered July 5—v. 170, p. 1970 and 1971. Any of said bonds
49—were awarded to Dean Witter maturing in 1960 to 1971, bearing
on
p.
follows:
$1,800,000
Orlando), Fla.
The $55,000 school
Bond Ofering—Judson B. Wal¬
July 5—v. 170, p. 49
ker, Superintendent of the Board
—were awarded to Weeden & Co.,
of San Francisco, on a bid reflect¬ of Public Instruction, will receive
ing a net interest cost of about sealed bids until 9:30 a.m. (EST)
on
Aug. 5 for the purchase of
1.68%. Dated June 15, 1949.
Bond
on
$38,000 not to exceed 5% interest
Running Springs Sch. Dist.
bonds.
Dated Aug.
1, 1949.
Due on Aug.
1, as follows:
$2,000 in 1950; $3,000 from
Due on Jan.
1949.
of
Dated July 15,
bonds offered
receive
July 18 for the purchase of $68,000
purchase
Orange County Spec. Tax School
District No. 1 (P.O.
Harry L. Alli¬
Clerk,
the
Dist.,
Ventura), Calif.
New
County
for
•
County Sch. Dist.
Bond Offering
Cianci,
Secretary, will receive sealed bids
until 11 a.m. (DST) on July 12
FLORIDA
(P. O. San Bernardino), Calif.
30,000 not to exceed 5% interest
1968 inclusive.
bonds
1949. Only
on
Aug. 1 from
on
Santa Paula Union High Sch.
Ventura County (P. O.
of
15
i.
Connecticut
approving
cisco.
and
1951 to 1964 inclusive.
4,000 3s.
Due
Aug. 1, 1949.
tion
IV2S. Due
bonds, divided
bonds
p.
Aug. 1 from
on
'1971 fo 1974 inclusive.
June 15 in
1952 to 1955 inclusive.
$15. Dated July 11, 1949. Due Jan.
II, 1950.
series M-2 notes.
1971 inclusive.
76,000 21As.
1.39%, as
169, p. 2798,
price of 100.002, as
sealed bids until 11
Heights School District,
Sale—The
1958
1959 to 1966 inclusive.
All
$280,000 Series
July 6'—v. 170,
offered
50—were awarded to J. P. Mor¬
gan & Co., Inc., of New York, at
0.88% interest, plus a premium of
Note Offering—John M.
inclusive.
170,000 21/2S. Due on Aug. 1 from
v.
from 1956 to 1959 inclusive.
San
dated Aug.
as
M-2 notes
p.
>
Aug. 1 from
on
bonds has been sold to the Amer¬
on
Connecticut
Sale—The
Aug. .1 from
on
13/4s. Due
for
made
Due
1955 to
will receive
1951.
Wallingford Housing Authority,
Waterbury Housing Authority,
$90,000 5s.
about
Is. Due
as
140,000
Aug. 1 from
are
to
&
.if;, from 1965 to 1969 inclusive.
1950 and
on
All of the bonds
of
a
jointly.
follows:
as
follows:
of
follows:
as
cost
sold at
July 5—
on
awarded
Co., of San
Francisco, at a price of 100.172, a
net interest cost of about
2.525%,
a.m.
$350,000
building 1949 bonds purchased by
the American Trust Co., of San
Francisco, on a bid reflecting a net
from
1965 to
Los
net interest
a
Moulton
sew¬
sewage
1950 to 1954 inclusive.
Calif.
were
and
49—were
p.
H.
R.
for,
Bond Sale Details—The
previously noted in
$525,000
plant
Trust
cost
offered
Main, of Chi¬
American
a
Co., of Phila-
Atkinson-Jones
the
to
100.017,
Bond
York, Soden-Zahner Co., of Kan¬
District, Santa
Co., of San Francisco, at
York
delphia, John Small & Co., of New
School
of
York,
of Chi¬
New
Supervisors, is required.
$56,000 bonds
offered July 5—v. 170, p. 49—are
New ;
of
the
to
170,
v.
(PST) on
12 for the purchase of $1,-
certified
Sale—The
Bond
Fisk &
Monell
A
payable
Clara County (P. O. San Jose),
Calif.
Darby & Co., of New York, Laird
&
Co., of Wilmington, Harvey
Sons, Wood, Gundy & Co.,
both of New York, Newhard. Cook
& Co., of St. Louis,
Shelby Cullom
Davis & Co., King, Quirk &
Co.,
both of New York, Reinholdt &
Gardner, of St. Louis, Minsch,
$1,000,
Cambrian
"York;
(
for
Board of
Glickenhaus & Lembo, all of New
Whiting, Weeks & Stubbs, of
Boston, J. S. Strauss & Co., of San
Francisco, J, G. White & Co., Inc.,
of New York. Derrmsey-Tegeler &
Co., of St. Louis, Moore, Leonard
&
Lynch, of Pittsburgh, Ryan,
Sutherland
&
Co., of Toronto,
Fahey, Clark & Co., of Cleveland,
office.
Treasurer's
disposal
dated July
are
Second high bid of 100.11
for 1.40s was made by the Harris
Trust & Savings Bank, and Stone
&
Webster
Securities
Corp.,
I, 1949.
Note
system bonds offered
—
■
Sale—The
age
California (State of)
.
1951 to 1956 inclusive.
All of the bonds
Sanitation Dist.
(P. O. San Jose), Calif.
Offering—Harold J. Ost-
County
be
Bond
Angeles County \Sch. Dists.
(P. O. Los Angeles), Calif.
sealed bids until 9
will
purchaser with¬
A certified check for 4%
No. 2
80,000
ley,
45,000 General Public Impt. No.
11 bonds. Due on July 1 from
Santa Clara County
Supervisors, is required.
Bond
Angeles,
the
to
Treasurer, is
payable to the Chairman Board of
Company, of Chi¬
Taylor & Co., Kidder,
Peabody & Co., Lee Higginson
Corp., Lehman Bros., all of New
cago, Kean,
Los
required.
furnished without cost to the pur¬
chaser. A certified check for 5%
amount
a
of the par value of the bonds, pay¬
able to the County
rington, of San Francisco, will be
the
of
furnished
Jul.y 1, 1949. Denom¬
ination $1,000. Due on July 1, as
follows: $10,000 from 1951 to 1955
inclusive; $15,000 from 1956 to
1965 inclusive; $10,000 in 1966, and
$5,000 from 1967 to 1969 inclusive.
Principal and interest (J-J) pay¬
able at the County Treasurer's of¬
fice.
The approving opinion of
Orrick, Dahlquist, Neff & Her-
of
name
interest, expressed in
multiple of V4 of 1%. The approv¬
ing
opinion
of
O'Melveny
&
bonds. Dated
York, Mercantile-Commerce Bank. July
& Trust Co., of St. Louis, Merrill 417,000 not to exceed 5% interest
Lynch, Pierce, Fenner & Beane, bonds, divided as follows:
W. H. Morton & Co., both of New
1 Bond Sale Details
The fol¬
$1,300,000 Excelsior Union High
lowing were associated with the York,
School District bonds. Due on
Northern
Trust
Co.,
of
group headed by the First Na¬ Chicago, Paine, Webber, Jackson
Aug. 1, as follows: $35,000
tional
& Curtis, Phelps, Fenn & Co., D.
from 1950 to 1952 inclusive;
Bank, of Chicago, and one
headed by the Bankers Trust
A. Pincus & Co., R. W. Pressprich
Co., |
$55,000 in 1953, and $60,000
of New York, and
& Co., L. F. Rothschild & Co.,
from 1954 to 1972 inclusive.
Halsey, Stuart
&
Co., which joined forces in Salomon Bros. & Hutzler, all of
These bonds were authorized
purchasing at auction on June 211 New York. Schmidt, Poole & Co.,
at the election held on Feb.
an issue of
$30,000,000 2y4% vet-1 of Philadelphia, Schoellkopf, Hut- XM;- 11.
erans' welfare
&
Pomeroy,
of
bonds, at a price of ton
Buffalo,
117,000 Palos Verdes School Dis¬
103.87, a basis of about 1.92%, as Shields & Co., of New York,
trict bonds. Due on Aug. 1, as
previously noted in v. 169, p. 2798: Singer, Dean & Scribner, of Pitts¬
follows: $7,000 in 1950, and
■'
V First National Bank, of Chicago, I burgh, Smith, Barney & Co., of
$5,000 from 1951 to 1972 in¬
Guaranty Trust Co., J. P. Morgan New York, Stern Bros. & Co., of
clusive. These bonds were au¬
& Co.
Kansas City, Stone & Webster Se¬
Inc., both o.tNe.w York,
thorized at the election held
Drexel &
curities
Co., of Philadelphia,
Corp.,
of New
York,
on May 20: " *
'
Continental Illinois National Bank Thomas & Co., of Pittsburgh, and
Dated Aug. 1, 1949. Denomina¬
& Trust Co., of
Chas. E. Weigold & Co., of New
Chicago, Bear,
tion $1,000. Principal and inter¬
Stearns & Co., of New
York, First York.. : iX' '/)£('■ \[V.!;■ £
est (F-A) payable at the County
National Bank, of Boston, Phila¬
Treasurer's office, or at any other
Biola Sch. Dist., Fresno County
delphia National Bank, of Phila¬
of the fiscal agencies of the Coun¬
(P. O. Fresno), Calif.
delphia, White, Weld & Co., Hallty, in New York City, at the op¬
garten & Co., both of New York,
Bond Offering—E. Dusenberry,
tion
of the holder.
Bidders
to
Alex. Brown &
Sons, of Balti¬ County Clerk, will receive sealed name the rate of
interest, ex¬
bids until 10:30 a.m.
more, American Securities Corp.,
(PST) on
pressed in a multiple of
of 1%.
Dominick & Dominick, both of July 19 for the purchase of $40,A certified check for 3% of the
New York, Stroud &
Co., of Phila¬ 000 not to exceed 5% interest amount of bonds bid
for, payable
delphia, Laidlaw & Co., of New school bonds. Dated Aug. 1, 1949.
to the Chairman Board of Super¬
York, Marine Trust Co., of Buf¬ Denomination $1,000. Due $2,000
visors, is required.
-,
1 falo,
Tucker, Anthony &
Co., on Aug. 1 from 1950 to 1969 in¬
Laurence M. Marks & Co., Francis clusive.
Principal
and
interest
Sacramento Municipal Utility
I.
duPont
&
payable
at the
Co., Roosevelt & (F-A)
County
District (P. O. Sacramento),
.
the rate of
Bond Offering—Gladys Stewart,
County Clerk, will receive sealed
bids until 10 a.m. (PST) on July
12 for the purchase of $225,000 not
to exceed 5%
interest school
CALIFORNIA
.
Treasurer's office. Bidders to
Tulare
District,
County (P. O. Visalia), Calif.
Los
York;
The
School
Dinuba
on
July 1 from
-1951 to 1959 inclusive.
if
each
individually
had
borne interest in
per
rate
annum.
of
excess
Bidders to
interest,
as
of 2.99%
name
expressed
the
in
a
s:
Volume
170
Number 4819
multiple of l/100th of 1%. Prin¬
cipal and interest payable at the
Central
Hanover
Bank
Co., New York.
The
opinion
of
Caldwell,
&
1951
cost.
A
certified
V.' :v.:
tified check for
;.-aV
offered
(J-J)
Ga.
houn
National
$1,000 is
rate
$300,000 2V2%
July 2 — v. 169,
payable
of
Bond
Lamasco
at
bonds
are
y4
of
1%.
from 1952 to 1955 inclusive.
&
Ky.
$43,000
water
bonds purchased by
of Cincinnati, at a
price of 100.58, a basis of about
2.93%, as previously noted in v.
169, p. 2467—were awarded as 3s.
Bonds
dated
June
Denomination $1,000.
Due Feb. 1,
follows: $1,000 in 1951 and 1952,
as
|
If the principles of the Lane
$3,000 in
Elkhart, Iowa
..."
Bank
the
in
The
jective, Mr. Reindollar said, represents only a phase of the longrange
planning for Maryland's
1,. 1949. super-roads.
revenue
Pohl
re¬
name
interest, expressed
multiple of
a
Sale—The
Bond
bonds
revenue
Des
Moines,
price of par.
1
,
$20,500
offered
-
awarded to
were
water
June
23
Sparks & Co. of
3y2s and 4s, at
as
a
can
be carried beyond
1953, $1,000 in 1954 to the initial five-year goal, he told
1963, and I his audience
of
bond
experts,
$4,000 in 1964 to 1967. The bonds Maryland will—within a decade
are
subject to prior redemption I and at a cost of between $600,on
any interest due date falling 000,000 and $800,000,000—rachieve
on or after Feb. 1, 1952, in whole
a
highway-building
leadership
:
Essex Indep.
in
in inverse numerical
terms of the face
plus accrued interest to
part
order,
Sch. Dist., Iowa
program
957, $3,000 in 1958 to
or
ap¬
proving opinion of Ross, McCord,
Ice &
Co.,
work
Sale Details—The
addition
51
j bids would be taken at its Baltimore headquarters on July 11 for
an initial issue of $22,500,000.
I
The $200,000,000 spending ob-
Liberty,
$24,000
purchased
by the Carleton D. Beh Co., of Des
Moines, as 2s, at a price of 100.02,
as
previously noted in v. 169, p.
2799, are due $6,000 on Nov. 1
school
(151)
Sale—The
Bond
Deccrah School District, Iowa
:
of Evansville. Bidders to
2798—were awarded to the Cal¬
p.
cer¬
Dated July 1, 1949.
Denomina¬
tion $1,000. Principal and interest
Bond Sale —The
bonds
A
quired.
GEORGIA
Calhoun),
A
certified
required.
1969.
1951 to 1963 inclusive.
Gordon County (P. O.
;
1,
78,000 School Twp. bonds. Due
$3,000 on July 15, 1950; $5,000
on
Jan. 1 and July 1 from
check for $60,000, payable to the
Board of Public Instruction, is re¬
quired.
Jan. 1 and $6,000 on
on
July
CHRONICLE
FINANCIAL
IOWA
July 1 from
inclusive; and
check for $2,000 is
Marshall,
&
and
1968
to
$5,000
approving
Mitchell, of New York
City, will be furnished to the pur¬
without
1
Jan.
on
Trust
Trimble &
chaser
COMMERCIAL
THE
upon
amount
that
can
remain
undisputed
for
many years.
The $200,000,000 figure, he ex¬
Bond Offering — DeLos Quist,
the redemption date * plus addi¬
plained, was accepted in 1940 as
Secretary of the Board of Direc¬
tional interest equal to 3% of the a fair estimate for
cost.
tors, will receive sealed bids until
rehabilitating
2 p.m. (CST) on July 12 for the face amount if the date stated for the
Maryland road system, but
$200,000 road improvement bonds.
redemption is on or before Feb. price increases plus radical upIndianapolis, Ind.
purchase of $55,000 high school
Due on Jan. 1 from 1952 to
Bond Offering—Phillip L. Bayt, gymnasium and equipment bonds. 1, 1957, ,and on the same terms if ward revision in design standards
1" 1979 inclusive. "X'Xt;;
redeemed thereafter except that Jaave
virtually quadrupled the cost
Controller,
will
receive Dated Aug. 1, 1949. Due $5,000 -on
100,000 hospital bonds.," Due on
Nov. 1 in 1950 to 1951 inclusive; additional interest shall be 2% if of
sealed bids until 10 a.m. (CST)
completely overhauling the
r "
Jan. 1 from 1952 to 1979 inon or before Feb. 1, 1962, and 1%
on
State's highways,
July 11 for the purchase of $1,500 on May 1 and Nov. 1 from
;elusive.. »
V. ,i 'XIX ;.X ■ J; '*'■
Principal and
$115,000 not to exceed 4% interest. 1952 to 1968 inclusive, and $1,500 if thereafter.
From 1908, when the Maryland
(•: Dated July 1,1949.
;
• v,
Arlington Ave.. Bridge of 1949; on May 1 and Aug. 1, 1969. All terest (F-A) payableState
Roads
Commission
was
Treasurers
office. Legality apcoupon bonds. Dated July 1, 1949. bonds due on or after May 1, 1959,
created, until about 1927, Mr.
shall be callable for payment by proved by Skaggs, Hays & Fahey., Reindollar
Denomination .$1,000.
ILLINOIS
Due
on
said, his State was genJan. 1, jas follows: $16,000 in 1951; the District at its option on May of Louisville.
:i| erally recognized as having the
Champaign County Unit Sch. Dist.
and $11,000 from 1952 to -1960 in-: 1,; 1959. These are the bonds au¬
No.4
-Q. Champaign), III.
Madisonville, Ky.
V .-best highway system in the nation;
elusive. Bidders to name the rate thorized, at; the election held on
n
,
*QA nrm
,
As early as 1915 this system cony Bonds Sold—An issue tof $672,- of interest; .expressed in ;a anul-; June 23,.
I
,®on5 June 30 v. 169, p. 2691
TSa
i«o
tained 1,300 miles of improved
000 school bonds has been sold to
offered
roa(js that connected every countiple of y4 of 1%.' Interest J-J.
.John Nuveen & Co., C. F. Childs A
were
awarded to the Kentucky
Newhall, Iowa
in
certified check for 2x/2% of the
ty seat in the State.
& Co., and Horablower & Weeks,
R. Bank & Trust Co. of Madisonville,
amount of bonds, payable to the v. Bond £0Offering — Duayne
The very factors that contriball of Chicago, jointly, as l%s, at
very ^actors mat comr in
Huston, Town Clerk, will receive at? a tprice of 102.50, . a basis of I .
City, is required.
'-.V-vV
a price of 100.21, a basis of about
sealed and open bids until 8 p.m. about 2.39%, as follows:
uted to Maryland's leadership
the highway field in those days
1:73%.. Dated July 1,. 1949. .Due
(CST) on July 11 for the purchase $44,000 2 V2 % school improvement worked to the
.;
i1: ,* Indianapolis,. Ind.
=
State's disadvan¬
oil Nov. 1, as follows:
$20,000 from
$5,500
street
improvement r, r bonds. Due on July 1 from
Warrant Offering — Phillip XL; of
tage in later years. Mr. Reindollar
1950
to
1952
Dated July 1, 1949.
inclusive; $35,000 Bayt, City Controller,, will receive bonds.
:
1950 to 1959 inclusive.
v
Due
declared, explaining that while
from 1953 to 1960
inclusive; $45,- sealed bids until 10 a.m. (CST) on on Dec. 1, as follows: $1,000 from
40,000 2%% school improvement other states were building new
000 from 1961, to 1965
bonds.
Due on July 1 from
inclusive; July 11. for the purchase of $360,- 1950 to 1954 inclusive^ and $500
roads in the early '20s, utilizing
in 1955.
$49,000 in 1966; $25,000 in 1967, 000 4% warrants. Dated
The approving opinion
f 1960 to 1964 inclusive.
July 18,
improved
techniques
and
a d-(
and $33^000 in 1968. Legality
of Mossman & Mossman of Vin¬
ap¬ 1949. Denominations are request"
Dated June 1, 1949. The second vanced design, Maryland was busy
proved by Chapman & Cutler of ed by the purchaser. Due on Nov. ton, will be furnished by the
highest bidder was W. C. Thorn- adding concrete shoulders t o
Town. A certified check for $500
Chicago.
■
30, 1949.
1
burg Co., at a price of 100.30. >• widen the many miles of roads it
is.required. • .-Z •>;'}
XX,ZZt
already had built.
i
Freeport, III.
Versailles, Ky.
; This, he said, served to perpe¬
Bond Sale Details—The $110,000
Bond Offering—Lueva
Oskaloosa, Iowa
McHugh.
Bond Sale — The $35,000 sewer
tuate
the
bad
alignment and
City Clerk, will receive sealec water works revenue bonds pur¬ i Bond Bale — The $83,000 bonds revenue bonds offered
July 5—v. gra(jes 0f a
primary road system
bids until
7:30
p.m.
(CST) oh chased by Cincinnati Municipal offered July 5—v. 170, p. 50
170, p. 51—were awarded to J. J. that, for all practical purposes,
July 18 for the purchase of $1,- Bond Corp., of Cincinnati, as 4s, as were awarded to the Central Re¬ B.
Hilliard. & Son, of Louisville,
keen t>uiit before the auto200,000 not to exceed 3% interest previously noted in v. 169, p. 2578, public Co., of Chicago,,and Rav
Dated July 1, 1949. Due on July 1
xnobile had become the dominatsewer coupon bonds.
enscroft & Co., of Cedar Rapids
Dated June were sold at a price of par.
from 1950 to 1969 inclusive.
ing factor in the American trans¬
1, 1949. Denomination $1,000. Due
jointly, as follows:
t
portation picture.
Lawrence, Ind.
X1
on Dec. 1, as follows:
LOUISIANA
$55,000 from
$66,000 street construction bonds.
Bond Offering — Leon Herr,
1951
Thus, toward the end of the '20s,
to
1953 inclusive;
$65,000
17,000 grading bonds.
Tangipahoa Parish School District when officials of other -states were
Clerk-Treasurer of the Board of
from 1954 to 1962
inclusive, and
Additional Sale
The $21,000
No. 107 (P. O. Amite), La.
proudly cutting silk ribbons open¬
Trustees, will receive sealed bids
$75,000 from 1963 to 1968 inclu
bonds offered on above date were
Bond Sale Details—The $150,- ing mile after mile of modernsive. Principal and interest (J-D) until 8 p.m. (CST) on July 29 for
awarded to Shaw, McDermott &
000 school
bonds purchased
by design highways, when dual roads
payable at such bank or trust the purchase of $68,000 not to ex¬
Co., and the Carleton D. Beh Co.
the Guaranty Bank & Trust Co., were beginning to make their ap¬
ceed 4 V2% interest water works
company in Chicago, as may be
both of Des Moines, jointly, as
of Hammond, as 3s, at a price of pearance
and denied-access ex¬
mutually agreeable to the pur¬ revenue bonds. Dated July 1, 1949. follows:
100.30,
as
previously noted
in pressways were coming off the
chaser and the City.
Due $1,000
Bidders to Denomination $1,000.
$17,000 street improvement bonds —v. 169, p. 2363—are due on May engineers' drawing boards, Mary¬
on April 1 from
name
the
1956 to 1965 in¬
rate
of
interest, ex
4,000 street improvement bonds.
15, as follows: $6,000 in 1952; land found herself saddled with a
pressed in a multiple of % or 1/10 clusive; $3,000 on April 1 from
$7,000 from' 1953 to 1957 inclu¬ system of "roller coaster" roads
of 1%. The approving opinion of 1966 to 1968 inclusive; $2,000 on
Van Home Con, Sch. Dist., Iowa
sive; $8,000 from 1958 to 1961 'in¬ increasingly inadequate to handle
Chapman & Cutler of Chicago, April 1 and Oct. 1 from 1969 to
Bond Sale—The $80,000 build¬
clusive; $9,000 from 1962 to 1965 the steadily mounting vehicular
will be furnished to the purchaser 1974 inclusive; $3,000 on April 1
ing bonds offered July 6—v. 170, inclusive; $10,000 from 1966 to volume.
and $2,000 on Oct. 1 from 1975 to
at the expense
of the City.
I
p.
51—were awarded to Paine, 1968
1979 inclusive.
Mr. Reindollar, who started
inclusive,
and
$11,000
in
Bidders to name
certified check for $12,0Q0, pay
1969.
the rate of interest, expressed in Webber, Jackson & Curtis of Chi¬
\ able to the City
.'■/ with the Maryland State Roads
Treasurer, is re
cago, as 2V4S, at a price of 101.20,
Commission as an office boy when
a multiple of x/4 of 1%.
Interest
quired.
MARYLAND
a basis of about 2.12%; Dated July
it was created in 1908 and who
A-O.
The approving opinion of
1, 1949. Due on Dec. 1 from 1950
has served in virtually every di¬
Ross, McCord, Ice & Miller, of
INDIANA
Maryland (State of)
to
1968
inclusive.
The
second
vision during his rise to the chair¬
Indianapolis, will be furnished to
Vast Highway Program Planned
Barton Twp. Sch. Twp. (P. O.
highest bidder was Ravenscroft &
the purchaser at the expense of
manship, said that prior to in¬
—Representatives of the country's
R,R. 1 Somerville), Ind.
Co., for 2Y2S, at a price of 100.96.
the Town.
A certified check for
auguration of the Lane program
biggest financial institutions June
Bonds Not Sold
The $33,500 $500,
Maryland's highway construction
payable to the Town, is re¬
30
were
told
how
KENTUCKY
Maryland,
not to exceed 4x/2% interest school
expenditures had averaged $7,quired.
XX^^rX^fX''
through the multi-million-dollar
building of 1949 bonds offered
Eminence, Ky,
000,000 per year, permitting little
highway-building program of Gov.
Madison County (P. O.
June 30—v. 169, p. 2798—were not
more
than token improvement of
■Bond Sale
The'$45,000 school William Preston Lane, Jr., plans
sold. The bonds will be reoffered
the
fundamental
defects
in
the
Anderson), Ind.
building revenue bonds offered to regain the position it once held
on July 21.
road system.
Bond Sale—The $63,000 bridge July 6—v. 170, p. 51—were award¬
at
Bank
of
price of 102.50,^ a
about 2.39%, as follows:
a.
•
Calhoun,
basis of
"
Miller, of Indianapolis, will
said
bonds, without
accompany
-
.
.
■
.
in-|
B
—
bonds
,
1
;
.
-
_
—
—
—
as
of
Center
a
Twp. Sch.
Twp. (P. O.
Crown Point), Ind. ,■
y Bond
Sale —The $20,000 im¬
provement bonds offered June 27
169, p. 2691—were awarded to
the Indianapolis Bond & Share
Corp. of Indianapolis, as 2y4S, at
a price of 100.70, a basis of about
2.12%. Dated April 10, 1949. Due
on July 10 trom 1950 to 1960 in¬
clusive. The second highest bid¬
—v.
der
for
Frank E. Hailstone &
was
2%s, at
Center
a
(P.
Twp..
O.
'
1, 1949.
Bond Offering
Township
Co.,
receive
sealed bids until 8 p.m.
.
(CST)
on
l%s, at
a
Orphans'
July
7
Co. of
building
bonds,
4
V2%
divided
interest
as
fol¬
lows:
on
Twp.
bonds.
Due
July 1, 1950; $5,000
1961
The
1
and
a
as
lx/4s, at
inclusive.
—
were
Trust
a
price
basis of about 1.21%.
1
from
Due
1950
inclusive.
are
dated
Robert
M.
Reindollar,
Maryland State Roads Com¬
into a system of moderndesign traffic arteries that will be
second to none in the country.
roads
July
1,
Bond
Sale
—
The
170,
51—were
p.
jointly,
a
$23,000
awarded
to
Co., and Stein
Boyce, both of Louisville,
as
basis
March
Bond
3y4s, at
of
about
a
price of 103,
2.92%.
1, 1949 and dpe
on
Dated
March
1 from 1950 to 1968 inclusive. Sec¬
on
June
ond
to
1959
was
high
bid
of
103.25
for
3%s
made by Pohl & Co., of Cin¬
cinnati.
schedule
with
with
the
expenditure
six-fold
increased
and
division of the Com¬
mission's organization — the ma¬
terial-testing laboratory, the sur¬
vey parties, the design engineers,
the specification men, draftsmen,
maintenance
men,
right-of-way
men, inspectors and all the rest of
the complex staff that makes up a
State highway department—work¬
ing at top speed, it is not unusual
every
program,
started in 1948 for the Commission to award an a
now
just about reaching its single month contracts that would
im- full momentum, contemplates the
Indep. Sch. Dist., Ky.
Bros. &
50
principal speaker
The
Eminence
bonds
p.
Chairman
of the
1949.
v.
Northern
as
before the Municipal Bond Forum,
and
provement bonds offered July 6—
offered
Today,
Appearing
on
1969
te Bankers
Aug. 1, 1949.
Dec.
to
bonds
$450,000 Glenn
170,
the
to
Chicago,
100.18,
Dated
$196,000 Civil
$5,000
of
Home
State in the
July 1 from mission, described how the Lane
V
1951 to 1960 inclusive.
program
is transforming his
21,000 3%s. Due on July 1 from State's
4,500-mile
network
of
X
,
"best roaded"
the
nation.
&
Bros.
$24,000 3%s. Due
Trust
and' Anderson
Bankers Bond
Co., and
Boyce,
both
of
Louisville, jointly, at a price of
par, a net interest cost of about
3.667%, as follows:
Stein
second
Union
price of 100.80.
—v.
000
exceed
was
Bond Sale—The
awarded
to
ed to the
Dated July
The
Vigo County (P. O.
Terre Haute), Ind.
July 18 for the purchase of $274,not
30—
July 1 from 1950
on
inclusive.
Indianapolis,
Evansville),
will
June
Baking Co., Anderson, jointly, for
Karger,
Trustee,
offered
highest bidder
,
Kurt
—
Due
1960
Indiana
*
bonds
basis of about 1.48%.
to
Co.,
price of 100.38.
1949
169, p. 2799—were awarded to
the Indianapolis Bond
& Share
Corp., and The City Securities
Corp., both of Indianapolis, jointly,
as
l%s, at a price of 101.34, a
v.
spending
I
way
of $200,000,000 in high-
construction and rehabilita¬
tion
within
period.
a
fodr-to-five-year
act of the
1947
Maryland General
$100,000,000
in
highway
con¬
Washington
Commission
a
good
decade ago.
a
Suburban
Sanitary
Dis'rict, Md.
Bond
bonds
Sale
offered
2799—were
The
—-
$2,500,000
6—v.
July
awarded
169, p.
to
syndi¬
a
cate composed of Phelps, Fenn &
struction bonds.
The
considered
been
It is implemented by an
Assembly authorizing the issuance
of
have
year's work
last week
de¬
to.,
S. Dickson
R.
cided to make its first use of that
Webber,
authorization and announced that
redge
&
Jackson
Co.,
all
& Co., Paine,
&
of
Curtis,
New
Eld-
York,
52
COMMERCIAL
THE
(152)
Schoellkopf, Hutton & Pomeroy,
of
Buffalo,
Reynolds
&
Co.,
of New York, Otis & Co., of Cleve¬
land, Fir§t of Michigan Corp., Ira
Haupt & Co., Andrews & Wells,
Inc., all of New York, Ferris &
Co., of Washington, D. C., and
Thomas & Co., of Pittsburgh, at a
price of par, a basis of about
3.11%, of follows:
:
to
inclusive; $165,000 as
on-July 1, from
1956 to 1964 inclusive; $120,000 as 3s due on July 1 from
1965 to 1969 inclusive, and
due
$125,000
1
North
1955
3Vis,
from
as
3V4s, due on July
1970
sive.
inclu¬
1974
to
C'/ ■■
Dated July 1,
1949.
H
FINANCIAL
&
CHRONICLE
Monday, July 11, 1949
Andover, Mass.
July 1,1949. Denomination $1,000.
Due July 1, as follows: $10,000 in
award¬ 1950 to 1962, and $15,000 in 1963
Sale—The $120,000 school
Bond
bonds offered July 7 were
and 1964.
Bonds maturing in the
lYzs, at a price of years 1959 to 1964 may be re¬
a basis of about 1.395%. deemed at the option of the Dis¬
Second high bid of 100.52 for lVzs trict, in inverse numerical order,
on any interest
was made by Lee Higginson Corp.
payment date 011
or after
July 1, 1954, at par and
North Reading, Mass.
accrued interest to the date fixed
the First National Bank of
ed to
Boston,
100.648,
MASSACHUSETTS
as
Sale—The $240,000
$6,000 in 1952 and 1953; $7,000 in
1954 and 1955; $8,000 in 1956 and
1957; $9,000 in 1958 and 1959, and
$10,000 in 1960 to 1963 inclusive.
Bonds maturing in the years 1953
to 1963 may be redeemed at the
option of the District, in inverse
numerical order, on any interest
payment date on or after June 1,
1954, at par and accrued interest;
Principal and interest payable at
the Lake City State Bank, Lake
City. Bidders to namS the rate of
interest, expressed in a multiple
of y4 or 1 %. The approving opin¬
ion of Miller, Canfield, Paadock &
Stone, of Detroit, will be paid by
bonds for redemption, plus a premium as
July 7 were awarded to follows: $15 on each bond called
Mass.
Coffin & Burr, of New York, as for redemption on or prior to July.
Note Offering—Charles W.Faulk¬
2s, at a price of 100.942, a basis of 1, 1956; $10 on each bond called
ner, Town Treasurer, will receive
about 1.896%. Second high bid of for redemption after July 1,
1956,
sealed bids until 11 a.m. (DST) on
100.66 for 2s was made by Esta- but on or prior to July
1, 1958;
July 12 for the purchase of $40,000
brook & Co.
$5 on each bond called for re¬
fire alarm signal system coupon
demption after July 1, 1958, but the District. A certified check for
Sale consisted of:
notes.
Dated Aug. 1, 1949.
De¬
on or prior to July 1,
1960.
No $2,000, payable to the District
nomination $1,000. Due $8,000 on $100,000 school loan, Act of 1949
■
bonds. Due $5,000 on July 1 premium shall be paid on bonds Treasurer, is required.
Aug. 1 from 1950 to 1954 inclusive.
called for redemption after July
from 1950 to 1969 inclusive.
Principal and interest payable at
Leoni Twp. Sch. Dist. No. 6 (P. O•
Bidders to name of rate
140,000 school loan bonds. Due 1, 1960.
the Merchants National Bank, of
Michigan Center), Mich..
of interest, expressed in a mul¬
$7,000 on July 1 from 1950 to
Boston. Bidders to name the rate
Bonds Offered—Homer Cusick,
tiple of V4 of 1%.
Principal and
1969 inclusive.
of interest, expressed in a multi¬
interest at the State Savings Bank, Secretary of the Board of Educa¬
Bonds are dated July 1, 1949.
of Fenton, Fenton. The approving tion,
requested sealed bids un¬
ple of y4 of 1%.
Denomination
$1,000.
Principal
opinion
of
Miller,
Canfield, til 8 p.m. (EST) on July 7 for the
and interest payable at the Mer¬
Denomination $1,000.
Due from
Paddock & Stone, of Detroit, will purchase of $175,000 not to exceed
chants National Bank of Boston.
1950 to 1969 inclusive.
interest
school coupon
Principal
be paid by the District.
A cer¬ 3Vz%
Legality approved by Storey,
Dated June 1, 1949. De¬
tified check for $3,000, payable to bonds.
and interest payable at offices in
Thorndike, Palmer & Dodge, of
the District Treasurer, is required. nomination $1,000. Due on May 1,
New York and Boston to be des¬ Boston.
as
follows: $10,000 from 1950 to
ignated by the Trustee of the
Grand Rapids and Plainfield Twps. 1956 inclusive, and $15,000 from
Spencer, Mass.
$2,000,000 water main and sewer
construction,
Series YYY
bonds: $300,000 as 4s, due on
July 1 from 1950 to 1955 inelusive; $450,000 as 3V4s, due
:-■>
on July 1 from 1956 to 1964
inclusive; $250,000 as 3s, due
on July 1 from 1965 to 1969
inclusive; $500,000 3^s, due
on July 1 irom 1970 to
1979
inclusive, and $500,000 as 3s,
due on July 1 from 1980 to
Bond
offered
At hot,
,
.
,
„
inclusive.
1989
storm water drainage,
Series £ZZ bonds: $90,000 as
500,000
4s, due
on
July 1 from 1950
Boston
Metropolitan District, Mass.
Bond Offering—Arthur J. Kelly,
Chairman
of
Board 7 of
the
Trustees, will receive sealed bids
until 11 a.m. (DST) on July 13 for
the purchase of $1,014,000 district
coupon bonds. Dated Aug. 1, 1949. District.,
,
is
as
follows:
•
1%%'
1%%
2%
$10,000
10,000
10,000
11,000
11,000
11,000
12,000
11,000
10,000
11,000
10,000
11,000
11,000
12,000
11,000
14,000
22,000
23,000
14,000
22,000
22,000
23,000
24,000
23,000
25,000
25,000
25,0004
25,000
24,000
25,000
26,000
■'
/
'
$10,000
$10,000
10,000
10,000
11,000
11,000
11,000
11,000
12,000
13,000
22,000
22,000
23,000 ^
23,000
24,000
24,000
'27,000 *
25,000 *
673,000
677,000
loan loans offered
p.
Mature
■
23,000
24,000
24,000
25,000
25,000
25,000
26,000
27,000
670,000
.
21/8%
2V4%
.
$10,000
10,000
11,000
10,000
11,000
12,000
11,000
12,000
14,000
22,000
23,000
23,000
24,000
24,000
25,000
26,000
26,000
^6,000
'27,000
667,000
Aug. 1
1950
$10,000
1951
10,000
1952
11,000
1953
10,000
11,000! 1954
1955
12,000
1956
11,000
1957
12,000
1958
14,000
1959
23,000
1960
23,000
1961
23,000
1962
24,000
1963
25,000
41964
25,000
1965 '
26,000
1966
26,000
1967
27,000
?
1963'
28,000
1969
663,000
•
July 12, 1949. Denomination $25,County (P. O.
000. Due on April 3, 1950. Payable
Taunton), Mass.
i
Note Sale—The issue of $150,000 at the Merchants National Bank,
notes offered July 7 was awarded Salem, or at holder's option at the
high bidder, named
rate
a
inclusive.
1956
to
2800—were
The
$50,000
Bond Sale
the
to
Day
Trust
at a price of
100.79, a basis of about 2.16%.
Dated July 15, 1949.
Due $2,000
July 15 from 1950 to 1959 inclu¬
sive.
The second highest bidder
was
Second National
Ban.k, of
Boston, at a price of 100.63.
Co.,
of
Boston,
National Shawmut Bank, of Bos¬
ton. Legality to be approved by
Ropes,
Gray, Best,
Rugg, of Boston. -
Coolidge
to
$100,000 First
offered July 7 were
the
Boston
Safe
De¬
Trust Co. of Boston at
0.80% interest, plus a premium of
$1. The second highest bidder was
National
Second
Bank,
Boston
&
Notes
Due
20,000
and
Bidders to
>
1950
Due
and
April
on
1
10,000
inclusive.
1959
to
2%s. Due
as
1960
July 14, 1949.
July 14, 1950. Principal
interest payable at the Na¬
Shawmut
Bank
Jackson
of
inclusive.
1961
Bond
Union
Sch.
ceive
Legality
sealed
bids
_
1.686%.
The bonds
1, 1949 and mature
are
dated July
July 1 from
1950 to 1964 inclusive. Second high
bid of 100.42 for l%s was made by
Harriman Ripley & Co., Inc.
Bonds are dated July 1, 1949.
Denomination $1,000. Due on July
1, as follows: $15,000 from 1950 to
1959 inclusive, and $10,000 from
1960 to 1964 inclusive. Principal
and interest payable at the First
National Bank of Boston. Legality
approved by Storey, Thorndike,
Palmer & Dodge, of Boston.
on
Dartmouth^Mass.
Bond Sale—The $200,000 water
loan bonds offered July 6—v.
170,
p.
51—were awarded to Hornblower & Weeks, of Boston, as
l%s, at
of
a
about
1949.
price of 101,57.
1.51%.
Due
on
a
basis
Dated July
15,
July 15 from 1950
notes.
Dated
Nov.
on
I
County
until
8
sealed
p.m.
W. H. Wilson,
—
until
bids
receive
will
Treasurer,
10
(EST)
a.m.
on'July 11 for the purchase of
$400,000 not to exceed 2% interest
Tax
Anticipation
notes.
Dated
July 1, 1949, and shall be deliv¬
ered
time
such
at
amounts
such
in
and
follows:
as
$100,000
on
Aug. 15; Sept. 15, and
Oct. 15, 1949, and shall mature on
July
15;
Jan.
10, 1950.
Principal and in¬
payable
at
the County
The approving
terest
Treasurer's office.
market attorney
by the pur¬
expense. A cer¬
tified check for 2% of the total
opinion of
shall
be
some
furnished
chaser at his
value
par
the
to
own
payable
the notes,
of
County/ Treasurer, is re¬
~y
quired.
—
sealed
bids until
Reeder
(DST) on $44,000 as 2V2S. Due on April 1
from 1950 to 1953 inclusive.
July 12 for the purchase of $60,000
extraordinary school repairs and
11,000 as 2y4s. Due on April 1,
noon
alteration* coupoa
notes.
Dated
1954.
Yi Of 1%.
building
Bond
y
coupon
bonds.
Dated
Twp. No.
Lake City),
Offering
Muskegcn Twp. Frac. ReethsPuffer Rural Agric. Sch. Dist.
No. y (P. O. 1404 N. Getty
Street, Muskegon), Mich.
Bond
bonds offered June 21—v.
ceive
sealed
(EST)
chase
on
of
bids
1949.
July
19
$110,000
for
not
Van Buren
1
follows:
1949.
Due
on
1950
high¬
as
4s, and $80,-»
the
pur¬
Bond
exceed
man,
Denomina¬
June
1,
as
$5,000 in 1950 and 1951;
West Columbia
Ave., Belleville), Mich.
p.m.
Offering—Jewett
Amer-
Secretary of the Board
bids
1,
from
Twp. School District
(P. O. SOI
Dated
June
15
McDonald-Moore
was
Co., for $45,000
as V/zs.
Education,
$1,000.
Nov.
on
bidder
est
&
4% interest school coupon bonds.
tion
First
000
8
to
Due
to 1962 inclusive. The second
William Ri-
until
school
169, p.
the
to
Michigan Corp., of Detroit, as
2V2S, at a price of 100.01, a basis
of about 2.49%.
Dated April 15,
Mich.
—
awarded
r
of
(P. O.
1
Sale—The $125,000
2801—were
patte, District Secretary, will re¬
July 1, 1949. Denomination $1,000.
Fenton Twp. Public Sch. Dist.
Due on July 1, as follows: $10,000
JEssex County (P. O.
Salem), Mass. in 1950 and
(P. O. Fenton), Mich.
1951, and $5,000 from
Note Offering — Thomas F.
1952 to 1959 inclusive.
Bond Offering—C. J. Furlong,
Principal
Duffy, County Treasurer, will re¬ and interest payable at the Mer¬ District Secretary, will receive
ceive sealed bids until 11 a.m.
chants National Bank, of Boston. sealed bids until 8 p.m.
(EST), on
(DST) on July 12 for the purchase Bidders to name the rate of inter¬
July 14 for purchase of $160,000
of $300,000 tuberculosis
hospital est, expressed in a multiple of not to exceed 4% interest school
loan
Due
Note Offering
Secretary
(EST) on July 21 for the purchase
of $1,000,000 not to exceed 3% in¬
terest building and improvement
bonds.
Dated Aug. 1, 1949.
De¬
nomination $1,000.
Due on Anril
1,
as
follows:
$50,000
in 1950;
$210,000 in 1951; $40,000 in 1952
and 1953; $45,000 in 1954; $50,000
from 1955 to 1962 inclusive; $55,000 in 1963 and 1964; $60,000 in
1965, and $45,000 in 1966. Bonds
maturing in the years 1964 to 1966
will
be
subject to
redemption
prior to maturity, at the option of
Brandon Twp., Twp. Sch. Dist.
Framingham Housing Authority,
the School District, in inverse nu¬
(P. O. Ortonville), Mich.
.«
Masssachusetts
'
i
merical order, on any one or more
Bond Sale—The $190,000 school
Note Sale—The $100,000 notes
interest
payment dates on and
offered July 6 were awarded to bonds offered May 17—v. 169, p. after April
1, 1953. Principal and
2152
were awarded to Watling,
the First National
interest
TA-O)
payable at the
Bank, of Bos¬
Lerchen & Co., of Detroit, at a
ton, at 0.79% interest. The second
Jackson City Bank & Trust Co.
highest bidder was the First Bos¬ price of 100.19, a basis of about These bonds are part of the $4,2.64%. Dated May 1, 1949. Due on
ton Corp., $0.80%.
000,000 issue authorized at the
Notes are dated July 14, 1949. July 1 from 1950 to 1955 inclusive. election held on May 17.
Denominations
$25,000,
$10,000
Edmore Rural Agric. Sch. Dist.,
Kalamazoo, Mich.
and $500.
Due on July 14, 1950.
Michigan
Bond Offering—Marie Filarski,
Legality approved * by Sullivan,
Bond Sale Details—The $55,000
Donovan
&
City Clerk, will receive sealed
Heenehan, of New
school building bonds purchased
York City.
bids until 8 p.m. (EST) on July 11
by Paine, Webber, Jackson & Cur¬ for the
purchase of $129,000 spe¬
Mansfield, Mass.
tis, of Chicago, as previously noted cial assessment bonds.
Note Offering—Ethel M. Mur¬ in v. 169, p. 2692, were sold as
Lake City Rural Agric. Sch. Dist.,
ray, Town Treasurer, will receive follows:
to 1964 inclusive.
maintenance
inclusive.
1962
to
3V4s.
Muskegon County (P. O.
Muskegon), Mich.
Dist., Mich.
Offering —The
1950
as
April 1,
on
—
—
,
in 1963 and 1964.
of the Board of Education will re¬
Boston.
approved by Sullivan,
of 0.85%.
Donovan
& Heenehan,
of New
Fall River, Mass.
Notes are dated July 8, 1949.
Bond Sale—The $100,000 munic¬ York City.
Denomination
$25,000.
Due
on
ipal airport bonds offered on July
April 7, 1950. Legality approved
MICHIGAN
7
v. 170, p. 51 — were awarded
by Ropes, Gray, Best, Coolidge &
to Harriman Ripley & Co., Inc.,
Atlas Twp. Sch. Dist. No. 7
Rugg, of Boston.
New York, as l%s, at a price of
(P. O. Goodrich), Mich.
100.388, a basis of about 1.675%.
Bonds Sold—An issue of $3,500
Chicopee, Mass.
Dated June 1, 1949 and due on
Bond Sale
The $200,000 water June 1 from 1950 to 1959 inclu¬ bus purchase bonds has been sold
to the Citizens Commercial & Sav¬
bonds
offered
July 7—v.
170, sive. Second high bid of 100.347
ings Bank, of Flint, as 3s, at a
p.
51—were awarded to Coffin for l%s was made
by Paine, Web¬
price of par. Due $500 April 1
& Burr, of Boston, as l%s, at a
ber, Jackson & Curtis, and Robert
from 1950 to 1956 inclusive.
price of 100.894, a basis of about Hawkins & Co.,
jointly. •
•
the rate of inter¬
name
1
June
on
dated
on
& tional
Due
from
3s.
as
from
interest.
are
3%s.
as
$100,000
.
at 0.837%
p.
.
Sale—The
notes
169,
McDon¬
.
Wesifteld Housing Authority, Mass.
Note
to
est, expressed in a multiple of %
or 1%.
The approving opinion of
30,000 as 2%s. Due on June 1 Claude
H.
Stevens,
of
Berry,
from 1957 to 1959 inclusive.
Stevens, Barbier & Evely, of De¬
Dated June 1, 1949. The second
troit, will be furnished and paid
highest bidder was First of Mich¬ by the District.
igan Corp., for $80,000 as 3y4s, at a
Mecosta Rural Agric. Sch. Dist.*
price of 100.01.
Michigan
Hemlock Rural Agric. Sch. Dist.,
Bond Sale Details—The $65,000
Michigan
building
bonds
purchased
by
Bond Sale Details—The $120,000
Stranahan, Harris & Co., Inc., of
building bonds purchased by Mc- Toledo, as previously noted in
Donald-Moore & Co., of Detroit, v.
170, p. 52—were awarded at
on
a bid
reflecting a net interest 100.21, a basis of about 3.43%, as
cost of about 2.90%, as previously
follows:
noted in v. 169, p. 2693, were sold
$55,000 as 3V2S.
Due on Nov. 1
at a price of 100.11, as follows:
The $40,000 2Y4%
—
awarded
1963 inclusive. The bonds
to
maturing in the years 1960 to 1963
will
be
subject to
redemption
prior to maturity, at the option of
the
School District,
in inverse
numerical order, on any one or
more
interest
payment
dates.
Principal and interest
(M-N) payable at the Jackson
City Bank & Trust Co., Jackson,
from 1950 to 1956 inclusive.
fire station bonds offered June 28
awarded
building
29—v.
and H. V. Sattley & Co., of De¬
troit, jointly, at a price of 100.06,
a basis of about
2.81%, as follows:
second
Warren, Mass.
were
1957
•
ald-Moore & Co., of Detroit, Wal¬
ter J. Wade, Inc. of Grand Rapids,
highest bidder was Coffin & Burr,
for IV2S, at a price of 100.26.
awarded
Bristol
second
Bond Sale—The $80,000
bonds offered June
as
IV2S, at a price of 100.66, a basis
of about 1.33%.
Dated July 15,
1949.
Due on July 15 from 1950
posit
Boston, ,-at 0.83% discount.
The
First National Bank of Attleboro,
Bank, of Boston,
8
(P. O. Grand Rapids), Mich.
"
$1,014,000 $1,014,000 $1,014,000 $1,014,000 $1,014,000
to the National Shawmut Bank of
Frac. Graded Sch. Dist. No.
$35,000 sewer
July 6—v. 170,
51—were awarded to the Sec¬
ond National
Series
Total
Sale—The
Note
Schedule of maturities for each of the optional rates of interest
until
will
8
p.m.
receive
(EST)
of
sealed
on
July
112 for the purchase of $75,000 not
1
to exceed 3% interest school cou-
Volume 170
bonds.
pon
THE
Number 4819
Dated July
Denomination $1,000.
1949.
1,
Due $75,000
April 1, 1950 to 1959. Bonds ma¬
turing in 1954 to 1959 may be re¬
deemed at the option of the Dis¬
trict
inverse
in
numerical
order
on
any
interest payment date on
or
after
April 1, 1953, at par and
interest to the date fixed
accrued
for
plus
redemption,
a
awarded
bond called
each
after April 1, 1956, but prior
or
on
redemption
for
April 1, 1957. No premium shall
be paid on bonds called for re¬
demption on or after April 1, 1957.
to
Principal and interest (A-O) pay¬
able at
be
bank
a
Bidders
to
trust company to
or
the purchaser.
by
designated
the
name
of in¬
rate
terest, expressed in a multiple of
% of 1%.
The approving opin¬
ion of Miller,
cost.
Detroit,
of
Stone,
nished
Canfield, Paddock &
will
fur¬
be
purchaser without
A certified check for $15,the
to
000, payable to the District Treas¬
urer, is required.
"
Due
$7,000 from 1950 to 1956 in¬
and $4,000 in 1957. Call¬
able after five years.
luka
Municipal Separate Sch. Dist.,
Mississippi
Sale Details—The
Bond
school
bonds purchased
Sale—The
f erred
Sale
Co.,
of
New
Orleans. Merrill
Lynch, Pierce, Fenner & Beane,
of New York, First National Bank,
& Trust
Bank
ment bonds:
$122,000
of-
from
J. G.
—
1960
the
name
of
rate
interest,
$30,000
$62,000
1954
to
2y4s, due
as
$18,000
June
>
Dated June 1,
$20,000
purchased by the
First National Bank, of Memphis,
2y4s,
169,
as
p.
previously noted in
2153, were sold at a
price of par, are in the denomina¬
of- $2,000 and mature $2,000
on Dec.
1 from 1949 to 1958 in¬
tion
clusive.
on
montana
Bond Sale—The
a
$78,000
special
street improve¬
ment, property owners' por¬
tion bonds:
$22,000 as 2y4s,
May 16 from 1950
inclusive; $24,000 as
due on May 16 from 1953
1955 inclusive, and $32,000
on
1952
on
to
2s,
to
as
May 16 from 1956
to 1969 inclusive.
intersection,
street
Portion
2y4s,
bonds:
due
on
City's
$12,000
2s,
*
'
1953
due
to
$20,000
on
1955
as
16 from
$13,000
May 16 from
inclusive, and
May
2JAs,
due
on
May
16 from 1956 to 1959 inclusive.
bonds
Sale
—
The
offered
Dated
July
Bonds Sold—An issue of $80,000
system bonds has been sold
as 3%s. Due in 20
local bank
a
after
the election held
Bond
five
20
bonds
purchased by Yellowstone
Dist.
School
High
Details—The
15,
to
follows:
as
$1,000
2y>s,
as
mature
000
in
from
at
price
a
of
were
sold
par,
and
June 30, as follows: $4,-
on
1950
1952
and
to
1951, and
1969
inclusive.
in
full
10
Additional
Sale
Details
deemable
$3,000
years
Re¬
from
date.
—
The
38,000 School District No. 5 bonds
purchased
Scottsbluff,
Sold—An
Bonds
Neb.
issue
of
noted
Laurel,
of
Bank,
on
22^s, at
same
a
date
were
sold
price of par, and
30,
as
Note
were
1969
inclusive.
able in full 10 years
Redeem¬
from date.
already started. A number of na¬
tionally
recognized
engineering
firms are engaged simultaneously
study¬
—
James
P.
on
of
bids
until
11
a.m.
July
12 for the pur¬
$500,000 notes.
Dated
000
and
$25,000. Due on Dec. 19,
Payable at the First Na^
1949.
authorized
the
by
State
ern
with
part of the State, connecting
the
George
Washington
Bridge, to Deepwater on the Dela¬
ware
River.
It will run in
a
southerly
counties
Passaic,
through
direction
of
or
Hudson
Bergen,
the
or
both, Essex and Union
and'-will to Middlesex. Then it will take a
be ready for delivery on or about
general southerly and westerly
July 14, 1949, in Boston against
direction
through
Middlesex,
payment in Boston funds. Legal¬
Monmouth or Mercer, or both, go¬
ity to be approved by Ropes, Gray,
Best, Coolidge & Rugg of Boston. ing through Burlington, Camden
tional
Bank
of
Boston,
and Gloucester Counties and
new jersey
Salem
(P. O.
Freehold), N. J.
Bond
Sale—The
$519,000
improvement of 1949 bonds
July 6—v. 169, p. 2802—
awarded to
the Equitable
offered
were
Securities
Corp.,
County,
When the
gen¬
Dominick
8c
as
presently
highways.
Sale—The $225,000
Bond
offered
bonds
2693—were
July
school
169, p.
1—v.
awarded
the
to
*
:
Na¬
tional State
Bank, of Newark, and
The Peapack-Gladstone Bank, of
Gladstone, jointly, taking $224,000
as
2.10s, at a price of 100.58, a
of about
basis
1, 1949. Due
2.04%.
Dated May
May 1 from 1950 to
The second highest
bidder was B. J. Van Ingen & Co.,
and
Ewing & Co., jointly, for
$225,000 as 2.15s, at a price # of
on
1976 inclusive.
100.129.
NEW YORK
Bellmont
School
No.
District
(P. O. Malone), N.
Bond
Offering—Hugh
S
Y.
Safford,
sealed
Sole
Trustee, will receive
bids
at
the
Cornelius J.
office of
Carey, Jr., of Malone, until 2 p.m.
(DST) July 15 for the purchase of
$10,000 not to exceed 5% inter¬
est
school
1949
coupon
bonds.
Dated July 1, 1949. Denomination
$1,000. Due $1,000 on July 1 from
1950 to 1959 inclusive.
Principal
and interest payable at the Citi¬
National
zens
Bidders to
Bank
name
Malone.
of
the rate of inter¬
est, expressed in a multiple of &
or
1/10 of 1%.
The approving
opinion of Cornelius J. Carey,
Jr. of Malone, will be furnished to
the purchaser without cost. A cer¬
tified check for $200, payable to
the District, is required.
Housing Authority, N. Y»
Buffalo
Note Sale—The
offered
July
$1,010,000 notes
awarded to
5 were
Boland, Saffin & Co., of New
York, at 0.89% interest, plus' at
premium of $12.66. Dated July 15,
1949.
Due on Jan. 15, 1950.
Cheektowaga Union Free Sch. Dist.
No. 7
pleted
its
southerly
Turnpike is com¬
sometime in
multi-lane
world.
$76,600 build¬
June 30 wer&
offered
bonds
awarded to the Marine Trust Co.,
as 1.80s, at a price of
basis of about 1.72%. The
highest bidder was E, H.
Rollins & Sons, and R. Di White &
of Buffalo,
100.13,
a
second
Co., jointly, for 2.10s, at a price of
100.27.-
Cortlandt (P. O.
Croton-On-
Hudson), N. Y.
The $15,000 high¬
offered June 29—v.
169, p. 2802—were awarded to
George B. Gibbons & Co., Inc., of
New York, as 1.70s, at a price of
100.08, a basis of about 1.67%.
Dated June 1, 1949. Due on June
Bond Sale
—
bonds
way
1 from 1950 to 1954
inclusive.
Elmira, N. Y.
Offering—Francis K. Nor¬
Bond
City Chamberlain, will re¬
sealed
bids
until
frooa
(DST) on July 20 for the purchase
of $1,225,000 not to exceed 5% in¬
man,
ceive
terest school
1949 coupon or reg¬
15,1949.
Dated July
Denomination $1,000. Due on Jan.
15,
follows: $60,000 from 1951
in 1954;
as
1953 inclusive; $70,000
to
$80,000 from 1955 to 1966 inclu¬
sive, and $15,000 in 1967. Principal
and interest (J-J) payable at the
City
Chamberlain's
offfice.
Bid¬
interest,
ders to name the rate of
expressed in a multiple of lA or
1/10 of 1%. The approving opin¬
ion of Vandewater,
Sykes, Heckler
of New York City,
will be furnished to the purchas¬
er without cost. A certified check,
&
Galloway,
$24,500, payable to the City,
required.
for
New York
is
City Housing Authorityp
New York
Offering—Thomas F. Far-
Note
rell, Chairman, will receive sealed
new
1951, it will
supply 130 miles of the most mod¬
ern
ing
(P. O. Depew), N. Y.
Sale—The
Bond
into
terminus.
Monmouth County
much
as
to
Peapack-Gladstone Sch. Dist.
(P. O. Gladstone), N. J.
istered bonds.
Legislature, the 130-mile super¬
highway will run from the north¬
July 12, 1949. Denominations $50,-
eral
to
projects in American history.
Work on this new Turnpike has
As
City Treasurer, will re¬
sealed
chase
as
$2,000 from
meadows, a stretch of about 20
miles, it is expected to be one of
the most expensive construction
the southern section.
hampshire
Offering
Bourne,
ma¬
follows: $1,000
1950 and 1951, and
1952
*
Manchester, N. H.
previously
as
gested industrial area from Eliza¬
beth to Fort Lee and the Jersey
$166,- to be available to the
Authority
paving bonds has been sold to
by
mid-September
and
actual
the
Kirkpatrick - Pettis
Co.,
of construction work
probably will
Omaha, as l%s, at a price of
begin sometime this Winter on
7
compared
as
available
problems
000
Yellowstone
the
by
the
1952 inclusive, and $2,000 from
(DST)
2693,
of
1950 planning roadways, and estimat¬
ing construction costs.
Other ex¬
perts are at work on bridge en¬
gineering surveys.
All of these
engineering surveys are expected
from
pass
•
because
And
ing traffic, investigating the geo¬
Bonds Sold—An issue of $17,000
logical conditions which will af¬
3V4% electric revenue bonds has fect highway foundations, plan¬
been.sold.
Dated June 15, 1949. ning traffic interchanges where
Denomination $1,000. Due on June vehicles
will
enter
and
leave,
ceive
p.
are
The new Turnpike, it is indi¬
cated, will be the heaviest traveled
in the country. It will serve, in
addition to New Jersey's own au¬
tomobiles and trucks, those outof-state vehicles from the North,
South and West which constantly
use
the State's highways to and
from-New-York City and other*
points in New York State, as well
as
to
and
from
New
England
areas.
7
in test boring of meadows,
Indianola, Neb.
noted in
169,
ago,
Troast, a builder of Pas¬
saic, who has been named Chair¬
man; George F. Smith, President
of Johnson & Johnson, who has
been named Vice-Chairman, and
Maxwell Lester, Jr., of Summit,
a
banker, who has been made
40%
which must be solved to take the
May 17.
on
$50,000
recreation center bonds purchased
by the Fremont National Bank,
and the Stephens National Bank,
both of Fremont, jointly, as l%s,
as
previously noted in v. 169, p.
2801, were sold at a price of par,
are dated June 1, 1949, and mature
June 1, 1954.
Bank, of Columbus, as previously
v.
at
Fremont, Neb.
new
City
months
lights.
will
the
mated, will amount to
Paul L.
Turnpike through the highly con¬
Sale
Sale Details—The $62,000
Bond
years.
authorized
were
County Sch. Dists.
Park
in
$25,000 road
June
v
water
$329,000 build¬
101.003.
ture on June
Copiah County (P. O.
Hazlehurst), Miss.
Bond
Elsie, Neb.
(P. O. Dark City), Mont.
as
1950 to 1952 inclusive;
as
of
par.
100.60.
Co., of Jackson, at
a price of 100.01, a basis of about
2.18%, as follows:
45,000
price
Sale—The
2V4S, due
price of
a
1953 to 1959 inclusive.
ing bonds offered July 6—v. 169,
p.
2693—were awarded to Kalman & Co. of St. Paul, as 2y>s, at
Stillwater
the J. S. Love
'
School District No. 23
O. Poison), Mont.
(P.
$123,000 bonds
offered June 29 were awarded to
*
4%s, at
V;
1949. Interest J-D.
1955 inclusive.
to
Lake County
Cleveland, Miss.
due
Boettcher & Co., of Denver, as
to
optional
1, 1949.
Bond
Bonds Sold—An issue of $75,000
water revenue bonds has been sold
bonds
due
few
a
under
or
traffic
53
highway and
savings in travel time, it is esti¬
near
Driscoll
intersecting
over
Treasurer.
These
Sale Details—The
v.
new mexico
Bernalillo, N. Mex.
years,
missouri
1.951
bonds
as
&
on June
inclusive,
Kearney, Mo.
Amcry Separate Sch. Dist., Miss.
Bond
the rate
opinion
of
Hawkins,
Wood, of New York
City, will be furnished to the pur¬
chaser. A certified check for $720,
payable to the Board of Education,
is required.
'
7
Delafield
1, in 1968 and 1969.
ex¬
MISSISSIPPI
name
approving
to
2V2S,
as
roads
Alpine in the north, may cost
expressed in a multi¬ approximately $200,000,000 on lat¬
ple of l/8th or l/20th of 1%. The est indications, Paul L. Troast,
approving opinion of Caldwell, Chairman of the New Jersey
Marshall,. Trimble & Mitchell, of Turnpike Authority,
announced
New York City, will be furnished
July 5.
to the purchaser by the Township.
The new Turnpike will be fi¬
A certified check for $220 is re¬
nanced
by the sale of revenue
quired.
7
bonds by the Authority through
several hundred banking houses
Princeton School District, N. J.
throughout the country. The of¬
Bond Offering—Irving W. Merfering of bonds is expected to be
shon, District Clerk, will receive
made by the year-end.
The issue
sealed bids until 8 p.m. (DST) on
will be the largest of its kind in
July 20 for the purchase of $36,000
bond history.
The bonds will be
not to exceed 6% interest school
secured
and
pledged solely by
coupon or registered bonds. Dated
revenues from the new Turnpike.
Sept. 1, 1949. Denomination $1,000.
The Authority, which is issuing
Due $2,000 on Sept. 1 from 1950 to
1967 inclusive. Principal and in- the bonds, is a three-man non-sal¬
terest
(M-S) payable at the aried body created by the New
Princeton
Bank
&
Trust
Co., Jersey Legislature in 1948 to con¬
Princeton.
Bidders to name the struct, maintain and operate the
new super-highway. Its members,
rate
of interest, expressed
in a
multiple of V& or 1/20 of 1%. The who were appointed by Governor
inclusive;
1959
to
1 from 1960 to 1967
and
inclusive;
Bond Sale Details—The $5,000
opinion of Dorsey, Colman, Bar¬ fire station and
equipment bonds
ker, Scott & Barber, of Minneap¬
sold as 4s, as previously noted in
olis, will be furnished to the pur¬
v.
169, p. 2581, were awarded to
chaser at his own expense. A cer¬
the Commerce Trust Co., of Kan¬
tified check for $2,000, payable to
sas
City, at a price of par, and
the City Treasurer, is required.
mature $1,000 on March 1 from
-
Bidders to
bonds:
2s, due on June 1
1955
from
pressed in a multiple of l/8th or
l/10th
of
1%.
The approving
school
1954.
41/2S, due on June 1
as
no
All
$1,000.
Due highway, which will extend 130
follows: $2,000 from miles from Deepwater in the south
inclusive, and $3,000 to the George Washington Bridge
nebraska
to
Bidders
office.
Treasurer's
department
as
intersections and
of interest,
1954
to
1950
from
„
1,
to
inclusive, and $5,000 from
to 1964 inclusive.
Principal
interest payable at the City
fire
$25,000
p.m.
nomination $1,000. Due on Dec.
as
follows:
$4,000 from 1950
and
1950
135 000
will
(CST) on July 19 for the purchase
of $65,000 sanitary sewer coupon
bonds.
Dated June 1, 1949. De¬
1959
as
June 1 in 1968 and 1969.
Clerk
until 7
bids
sealed
receive
to
inclusive;
$35,000 as 2s, due on June 1
from 1955 to 1959 inclusive;
$81,000 as 2y4s, due on June 1
from 1960 to 1967 inclusive,
and $24,000 as 2y2S, due on
J. M. Dain & Co.,
City
Jr.,
July 15,
165,000 auditorium bonds: $25,000 as 41/2S, due on June 1
Dated July 15,
Offering
Bond
1950
Dominick, of New York, and Wal¬
O. Matawan),
Denomination
1949.
on
(P.
,
■f■Virginia, Mrnn.-
Milroy
from
1
inclusive; $275,000 as 2s,
due on June 1, from 1955 to
1959
inclusive; $734,000
as
2y4s, due on June 1 from 1960
to 1967 inclusive, and $156,000
as 2y2s, due on June 1 in 1968
and 1969.
7-
1.70s, at a price of 100.31.
for
June
on
1954
The second high¬
est bidder was
works improve¬
$200,000 as 4y2S,
$1,365,000 water
Jan. 1 from 1951 to
1960 inclusive.
Co., both of Jack¬
at a price of 100.10, a basis of
about 2.33%, as follows:
1.70s, at a price of 100.38, a basis
on
National
son,
July 5—v. 170, p. 52—were
to
the
Northwestern
Due
Commercial
the
and
National Bank, of Minneapolis, as
1949.
The
—
Savings Bank, of Chicago, Trust
Co. of Georgia, of Atlanta, De¬
posit Guaranty Bank & Trust Co.,
of Jackson, Newman,
Brown &
indebtedness
1.62%.
about
$1,665,000
bonds offered July 6—v. 170, p.
52—were awarded to a syndicate
composed of the Harris Trust &
awarded
of. about
of
Jackson, Miss.
Bond
Fergus Falls, Minn.
of
a
cost
(153)
Co., of Philadelphia,
jointly, as iy2S, at a price of
New Jersey
100.03, a basis of about 1.49%.
Bond Offering—Charles J.
Kelly, Dated July 15, 1949. Due on July
15 from 1950 to 1961 inclusive.
Township Treasurer, will receive
sealed bids until 8:30 p.m. (DST)
New Jersey (State of)
on
July 18 for the purchase of
$11,000 not to exceed 6% interest
Super-Highway to Cost $200,000equipment bonds. Dated July 15, 000—New Jersey's new toll super¬
in
bid
reflecting a
2.87%,
as
previously noted in v. 169, p.
2801, were sold at a price of par.
on
interest
CHRONICLE
ter Stokes &
Two.
associates,
net
FINANCIAL
new jersey
Matawan
1950 to 1953
due
Certificate
$50,000
by M. A.
&
Saunders & Co., of Memphis, and
Minnesota
certificates
National
clusive
for each bond so redeemed as fol¬
each bond called for
redemption prior to April 1, 1954;
$15 on each bond called for re¬
demption on or after April 1,
1954, but prior to April 1, 1955;
$10 on1 each bond called for re¬
demption on or after April 1, 1955,
but prior to April 1, 1956; $5 on
First
Bank, of Memphis, on a bid re¬
flecting a net interest cost of
about 1.918%. Due on June 1, 1949.
premium
lows: $20 on
the
to
COMMERCIAL
There
highway
will
be
no
in
the
grade
bids until noon
for
the
Series
K
(DST)
on
of
notes.
Dated
1949.
Due on Feb.
able
at
the
July 12
$16,000,000
purchase
July
16, 1950.
Chemical
2(^
Pay¬
Bank
&
54
COMMERCIAL
THE
(154)
Co., New York City. The premium of 4% of their par value
approving opinion of Caldwell, if redeemed thereafter, but on or
Marshall^ Trimble & Mitchell, of before Sept 1, 1966; or a premium
New York City, will be furnished of 3% of their par value if re¬
by the Authority to the purchaser deemed thereafter, but on or be¬
fore Sept. 1,1971; or a premium of
without cost.
2 % % of their par value if re;
New York,,N. Y.
ieemed thereafter, but on or beore Sept. 1,1976; or a premium of
Tax Rate Unchanged—As re¬
Trust
quired by the provisions of the
York City Charter, Comp¬
17
transmitted to the City Council a
statement of the total amount of
New
troller Lazarus Joseph on June
Budget for the fiscal
year 1949-1950, together with his
final
estimate
of the
General
Fund revenues for such
fiscal
the Expense
redeemed
l% of their par value if
:M-S)' payable at the Chemical
Bank & Trust Co., New York City.
said
All1 of
be direct
bonds will
$409,431,789.00 and an assessed
valuation of $18,112,231,179.00 will
produce a basic tax rate of $2.89
per $100 of assessed valuation of
real estate, which is the same
of
.
rate in effect for the current fiscal
Bidders
provided
respective resolutions auhorizing their issuance. The ap¬
proving opinion of Caldwell, Mar¬
shall, Trimble & Mitchell of New
fork, will be delivered to the
the
n
purchaser without charge.
as
to
to
1963'
the rate of
name
in¬
&
for
is
$920, payable to tne Viua&e,
^77 7;; 77
Council
sometime
June
between
White Plains Housing Authority,
New York 7,
.
York, at, 0.86% interest, pljg a
premium of $43. Dated Aug. 2,
1949; Due on Feb. 2,. 1950. Legal¬
ity approved by Caldwell,. Mar¬
shall, Trimble & Mitchell of New
York.
Caledonia
and
Leicester
Central School District No. 1
(P. O. Retsof), N.
Y.
Sale—The
Bond
$17,500 school
July 6—v. 170,
p. 53—were awarded to the C. E.
Dated
Weinig Co., of Buffalo.
Sept. 15, 1949. Due on Sept. 15
bus bonds offered
from 1950 to 1954 inclusive.
A cer¬
NORTH CAROLINA
Authority,
Bond Offering—Thomas F. Far-
rell, Chairman, will receive sealed
bids- until 10
not to-
a.m. (DST) on July
purchase of $50,300,000'
exceed
5%
interest
York City Guaranteed
;
New
coupon or
registered bonds, divided
lows:
fol¬
as
.;7-
$19,000,000
Marble Hill Houses,
Project No. NYC-15 bonds.
14,570,000
Boulevard
Houses*
Project No. NYC-16 bonds.
5,300,000 Arverne Houses, Project
No. NYC-18 bonds.
6,715,000
General
Houses,
Berry
»
.
.
Charles
Project
W.
No.
'
NYC-19 bonds.
4,715,000 Lexington Houses* Proj¬
ect No. NYC-21 bonds. ■;
Dated Sept. 1, 1949.
Denomina-
tion $1,000; Bidders to name the
rate of interest, expressed in a
?
multiple of y4
or
of
of
the
bonds
maturing in
bear the
1/10 of 1%. tAll
the
same
issue
one .year must
rate of interest. The
any
same
annual maturities of the bonds of
each of the issues shall be so ar¬
ranged that the principal and in*"?■ terest payable in each year com¬
mencing March 1, 1951, i. e., the
sealed bids until 3:30 p.m.
prior to maturity
or
any
interest
thereafter,
in
the
numbers at
par
as a
inverse
a
on
iiv|ded
whole,
or
order
(DST) ernment Commission, will receive
as
to
follows:
their
redemption price of
and accrued interest to date
1957 and 1958.
-
1963
The approving opin¬
Vandewater, Sykes, Heckler
Galloway, of New York City,
will be furnished to the purchaser
1/10 of 1%.
ion of
&
without
cost.
A
certified
check
for
is
$30,220, payable to the Town,
required.
is
required.
Mc¬
or
a
inclusive.
These
1949.
Interest J-J.
$1,000. Due July 1
in
000
1953
1951
and
and
1954,
$18,000 in
$19,000
in
1955,
Corp., of Cleveland, as 2s, at a
price of 100.09, a basis of 1.97%.
Dated June 1, 1949. Due on Dec. 1
from
1950. to
inclusive.
1954
The
second
Washington Twp. Local Sch. Dis*.
(P.O. RF.D.No.l,
;
7
,
Alliance}, Ohio ?
Bond
Offering
—
Frank F. Sut¬
highest bidder was Otis &
ton, Clerk of the Board of Educa¬
Co., for 2V2S, at a price of 100.11.
tion, will receive sealed bids un¬
til noon (EST) on July 21 for the
Franklin Twp. (P. O.
Ravenna), Ohio
J
'
/ purchase of $40,000 not to exceed
3%% interest building and im¬
Bond Sale Details—The $17,000
provement bonds: Dated Aug. 10,
fire station bonds purchased by
1949.
Denomination $1,000.
Due
the
First
Cleveland
Corp.,
of
$1,000 June and Dec. 1, 1950, $!,Cleveland, at a price of 101.14, as
000 June and $2,000 Dec. 1, 1901',
previously noted in v. 169, p. 2802,
$1,000 June and Dec. 1, 1952, $1,were sold as 2V2S, a basis of about
000 June and $2,000 Dec. 1,. 1953,
2.35%.
$1,000 June and Dec. 1, 1954, $1.000 June and $2,000 Dec. 1, 1955,
■A I ronton,
Ohio
$1,000 June and Dec. 1, 1956, $!,Bond Sale—The $4,531.43 Stree'
000 June and $2,000 Dec. 1, 1957,
Improvement
Sidewalk District
$1,000 June and Dec. 1, 1958, $1,No. 20 bonds offered on July 6—
000 June and $2,000 Dec. 1, 1959,
v. 169, p. 2803—were awarded to
$1,000 June and Dec. 1, 1960, $1,the Provident Savings Bank &
000 June and $2,000 Dec. 1, 1961,
Trust Co. of Cincinnati, as 23/4s
$1,000 June and Dee. 1, 1962, $1,at a price of 100.069, a basis of
000 June and $2;000 Dec. 1, 1963*
about 2.734%. Dated July 1, 1949
$1,000 June and Dec. 1, 1964, and
due on Dec. 1 from 1950 to
$1,000 June and $2,000 Dec. 1,
1958 inclusive. Second high bid ol
1965. Bidders to name the rate of
100.639 for SYzs was made by J.
interest, expressed in a multiple
a. White & Co. of Cincinnati.
of % of 1%. These are the bonds
.
authorized at the election held on
Louisville, Ohio
Nov. 2,1948.
Bond Sale Details—The $10,000
fire
.
—
Bond Sale
—
The $16,700 street
$22,000 in 1960,
$23,000 in 1961 and
1962, $24,000
in
1969,
1963, $25,000 in 1964 and 1965,
$30,000 in 1970' and 1971, $31,000
in
1972,
in 1974,
offered July
Steubenville, Ohio
offered
ing,
1958 and 1959;
bonds
$32,000 in
1973,
$33,000
$34,000 in 1975, $35,000 in
1976, $36,000 in 1977, $37,000 in
Bond
A
j Bond Sale—The $178,000* bpnds
were*
1968, $29,000
Due
77.7.77, r„
—
follows: $17.-
1952,
in
Denomination $1,000.
1955;
Dated
Denomination
as
$28,000
1949.
>
Bond Offering—Clinton O.
1967,
registered bonds. Dated July 1,
of
Thrasher, City Clerk, will receive
sealed bids until 7 p.m. (CST) on
Clyde, Ohio
5^—v. 170, p. 54—were awarded to July 12 for the purchase of $199,Bond Sale—An issue of $800,000
the First Cleveland Corp., of 000 street equipment bonds.
Due
first mortgage water works reve¬
Cleveland.
Dated
Aug. 1, 1949. $11,000 from 1952 to 1968 inclu¬
nue bonds was purchased recently
sive, and $12,000 in 1969. A certi¬
by Charles A. Hinsch & Co., of Due on Sept. 1 from 1950 to 1969 fied check for 2% of the amount
Cincinnati, as 3s. Dated July 1, inclusive. :7 • of the bid is required.
7
in
pur¬
Co.
.
Sept. 1, 1949. Denomina¬
tion $1,000. Bidders to name the
rate of interest, expressed in a
March 1 from 1951 to 1960 inclu¬
Principal
sive, Second high bid of 100.157 multiple of Ya of * I %.
and interest (M-S) payable at the
for VAs was made by the First
Chemical Bank & Trust Co., New
National Bank of Chicago.
York City; The approving opinion
of some market attorney will be
Ectstlake (P. O.
WiUoughby),
furnished by the purchaser at his
I Ohio
own
expense.
A certified check
Bond
Sale—The
$12,000 road
for 1% of the amount of bonds bid
department of 1949 bonds offered
for, payable to the Commissioner
June 29
v. 169, p. 2582 — were
of the City Treasury, is required.
awarded to the First Cleveland
improvement
$27,000
July 14 for the
Trust
Louis, as "lYzs, at a price of
100.472, a basis of about 1.42%.
Dated Aug, 1, 1949 and due on
!
OHIO
1966,
$46,000 not to exceed 4%
of f-re '
bonds
v.
170, p. 53 — were
to the Mercantile-Com¬
&
and $17,000 from 1953 to I960
inclusive: ..
;V:77;'
71,000 s t r e e t improvement
bonds.
Due on March 1, as
follows: $14,000 from 1951 to
1954 inclusive, and $15,000 in
—
in
on
recre¬
—
Bank
merce
March 1, as
lows: $16,000 in 1951 and 19o2,
■
$26,000
(DST)
7
on
77;
$155,000
facilities
ational
July
improvement
fol¬
street
bonds. Due
;
Columbus, Ohio
Bond Sale—The
follows:
as
$168,000
A certified check for
$400, payable to the above Clerk
fighting apparatus bonds pur¬ is
required.
1
-.
chased
by the First Cleveland
Corp., of Cleveland, as previously
Wellston, Ohio f
noted in v. 169, p. 2154, were sold
Bond Sale
The $15,000 street
as 2s, at a price of 100.20, a basis
improvement bonds offered June
of about 1.96%.
16—v. 169, p. 2582—were awarded
ernment Commission, will receive
V
to J. A. White & Co., of Cincinnati,
Norwood, Ohio
sealed bids at his office at Raleigh,
Bond Offering—G. E. Lyle, ^it- as 23As at a price of 100.33, a basis
until 11 a.m. (EST) on July 12 for
of
about
2.69%.
Dated May 1,
Auditor, will receive sealed bids
the purchase of $90,000 not to ex¬
1949. Due from 1951 to 1960 in¬
until noon (EST) on July 19 for
ceed
6% interest building cou¬
clusive.
The second highest bid¬
the purchase of $150,000 2% street
der was Pohl & Co., for 2%s, at a
pon bonds.
Dated June 1, 1949.
improvement bonds. Dated June
Denomination $1,000. Due on June
1,1949. Denomination $1,000. Due price of 100.27.
1, as follows: $3,000 from 1951 to
$15,000 on Dec. 1 from 1950 to
1957 inclusive; $4,000 from 1958
OKLAHOMA
1959
inclusive.
The
approving
to 1963 inclusive, and $5,000 from
opinion of Peck, Shaffer & Wil¬
Allen School District, Oklct.
1964 to 1972 inelusive. Principal
liams of Cincinnati, will be fur¬
Bond Sale
The $20,000 build¬
and
interest
(J-D)
payable in nished to the purchaser without
ing, site and furniture bonds of¬
New York City. Bidders to name
cost. Bidders to name the rate of
fered July 5—v. 169, p. 54—were
the rate of interest, expressed in
interest, expressed in a multiple of
awarded
to
the
First
National
a multiple of
Ya of 1%. The ap¬
Ya of 1%. Interest J-D. A certi¬ Bank & Trust
Co., of Oklahoma
proving opinion of Reed, Hoyt & fied check for
5% of the bonds
City. Due from 1952 to 1958 in¬
Washburn, of New York City, will bid
for, payable to the City, is clusive.
be furnished to the purchaser. A
777^;7 77l'77'
required.
V-//'
certified check for $1,800, payable
Enid, Okla.
to the State Treasurer, is required.
Paulding, Ohio
'
in
or
Sept. 1, 1961;
1977
to
receive sealed bids until 3:30 p.m.
interest water system 1949 coupon
before
school
interest
Laughlin, Jr., Village Clerk, will
of redemption plus a premium of
or
6%
vided
.
in
Washingtonville, N. Y.
Bond Offering—Edward J.
chase of
.
$20,000 in 1956 and 1957, $21,000
5% of their par value if redeemed
on
exceed
80,000
paving bonds. Due
on
bonds are the balance of an au¬
AApril 1, as follows: $11,000
thorized issue of $1,200,000. Prin¬
from 1950 to 1*952 inclusive;
cipal and interest (F-A) payable
$10,000 in 1953; $9,000 in 1954,
in New York City.
The approv¬
and $7,000 from 1955 to 1958
ing opinion of Mitchell & Per¬
inclusive.
shing, of New York City, will be
Dated April 1, 1949. Denomina¬
furnished to the purchaser. A cer¬
tion $1,000. Principal and interest tified check for
$6,000, payable to
(A-O) payable at the State Bank the State Treasurer, is required.
if
Kenmore, or the Guaranty
Trust Co., New York, N. Y. Bid¬
Rosehoro School Dis rid, N. C.
ders to name the rate of interest,
Bond Offering — W. E. Easterexpressed in a multiple of Va or ling, Secretary of the Local Gov¬
date
in part,
of
Easter-
E.
building, Series D, coupon bonds.
JI,'400,000 Drainage District No. 2 Dated Feb.
1, 1947. Denomination
bonds. Due $70,000 on April 1
$1,000. Due on Feb, 1, as follows:
from 1950 to 1969 inclusive.
$4,000 in 1950; $5,000 in 1951; $6,31,000 water lateral bonds. Due 000 in 1952 and
1953; $9,000 in
on April 1, as follows: $4,000
1954; $11,000 in 1955; $12,000 in
from 1950 to 1955 inclusive;
1956 and 1957-; $14,000 from 1958
$3,000 in 1956, and $2,000 in
to 1962 inclusive, and $11,C00 from
Sept. 1, 1956,
payment
W.
sealed bids at his office in Raleigh,
July 20 for the purchase of $1,until 11 a.m. (EST) on July 12
511,000 not to exceed 5% interfor the purchase of $300,000 not
ast coupon or registered bonds,
vary
Sept. 1, 1957j will be redeemable
—
an
on
not
Offering
O.
(P.
C.
Bond Offering—Roy R. Brockatt, Town Supervisor, will receive ling, Secretary of the Local Gov¬
Vcdley Stream, N. Y.
the following Sept. 1,
Bond Offering — Fred A. Clein amount from menz, Village Treasurer, will re¬
the principal and' interest payable ceive
sealed
bids
until
2
p.m.
in any other year, as above de¬
(DST) on July 13 for the purchase
termined, by more than $2,000. of $209,000 not to exceed 5% in¬
Such maturity schedules may be terest public improvement
coupon
submitted with tne. proposal or or registered bonds.
Dated July
shall be delivered to the Author¬
15,
1949.
Denomination $1,000.
ity within 24 hours after the time Due on July 15, as follows: $31,000
stated above for the receipt of in
1950; $33,000 in 1951; $35,000 in
proposals. Each bidder or bidders 1952 and 1953, and $15,000 from
shall submit, with the schedules 1954 to 1958 inclusive.
Principal
of maturities of the issues, a com¬ and interest (J-J) payable at the
putation showing the aggregate of Valley Stream National Bank &
the annual interest requirements Trust Co., Valley Stream. Bidders
of all of the bonds of all issues, on to name the rate of
interest, ex¬
the basis of the interest rate; or pressed in a multiple of Va or 1/10
rates, specified by such bidder or of 1%. The approving, opinion of
bidders, after deducting, therefrom Vandewater, Sykes, Heckler &
the premium
bid, if any (ex¬ Galloway, of New York City, will
pressed as a percentage carried be furnished
to
the
purchaser
out to four decimal places) on the
without cost.
A certified check
foregoing basis. The bonds of each
of said issues maturing on or after for $4,180, payable to the Village,
ing due
shall
County
Lenoir), N.
Kenmore), N. Y.
interest payable, each March 1, and
the principal and interest becom¬
.
Caldwell
O.
on
Toledo-, Ohio
Offering -W, Ruby Klein,
City Auditor, will receive sealed
bids until noon (EST) on July 26
for; the purchase of $239,000 3%
coupon or registered bonds, di¬
Bond
St.
1
Note Sale—The $3,000,000 notes
offered July 7 were awarded to
the National City Bank of New
Bond
20 and June 25.
New York City Housing
New York
26 for the
(P.
their inverse numerical order
July I, 1959 or on any interest
payment date thereafter, at oa:
md
accrued
interest.
Principal
md interest payable at the Clyde
Savings Bank, Clyde.
awarded
year,
Tcnawanda
1978, $39,000 in 1979, and $49,000
Provided, however, bonds
maturing after July 1, I960, snan
he callable in- whole or in part in
Wood, of New York City,
required.■'.'VA/;/
York,
Monday, July 11* 1940
in 1980.
will be furnished to the purchaser
Without cost.
A certified check
tified check for $1,006 is required.
and also for 1947-1948. The
tax rate will be fixed by the City
CHRONICLE
terest, expressed in a multiple of
Ya or 1/10 of 1%.
The approv¬
ing opinion of Hawkins* Dela-
to be issued and certain other
.unds of the Authority as
1,
1950
from
md
are
FINANCIAL
follows: $2,000
inclusive,
and $3,000 from 1964 to 1963 in¬
clusive.
Principal
and
interest
(J-J) payable at the Central Na¬
tional
Bank,
Washingtonville.
on
hereafter, but on or before Sept. field
L, 1986; or a premium of 1% of
cheit par value if redeemed thereifter.
Principal and
interest
general obligations of the Au¬
thority and die punctual payment
year.
if the principal and interest will
Mr. Joseph indicated that the
re guaranteed by the City pur¬
total
amount
of
the
Expense
suant to separate Guaranty Con¬
Budget for the next fiscal year
tracts between the Authority and
is $1,197,434,294.20, of which $931,.he City relating to the respective
755,350.17 is to be financed from
real
estate
taxes
and
General irojects for which such bonds are
]o be issued. The payment of the
Fund revenues. He further stated
principal and interest will be ad¬
that his final
estimate of the
ditionally secured by a pledge of
General Fund for the Reduction
die net revenues of the project
of Taxation
for 1949-1950 will
with respect to which said bonds
amount to $409,431,789,00.
Comptroller Joseph concluded
by indicating that a General Fund
July
&
at
July' 1—v.
Inc.,
a
about
169,
p.
awarded to Doll &
of
price
Cincinnati,
of
1.74%,
100.01,
as
a
2695—
Isphordas
l%s,
basis of
sive.
88,000 safety department bonds.
on
Oct.
1
from
1964 inclusive.
Dated May
bonds
1, 1949.
equipment bonds.
were
tion held
1950
to
re¬
These
authorized at the elec¬
on
June 21.
7
Midwest Ci*y School District, Okla.
Bond
on
Oct. 1 from 1950 to 1959 inclu¬
Due*
street
follows:
$90,000 recreation bonds. Due
Offering—Bids will be
ceived until 7 p.m. (CST) on July
12 for the purchase of $199,000
Offering—F.
M.
Towns-
end, Clerk of the Board of Edu¬
cation,
will
receive
Until 7:30 p.m.
for
to
(CST)
the* purchase
exceed
bonds.
5%
of
sealed
on
$50,000
interest
Due $3,000 from
bids
July 15
not
building
1952: to
THE
Number 4819
Volume 1V0
1987 inclusive, and
$2,000 in 1968.
authorized
at the election held on June 28.
A certified check for 2% of the
amount of the bid is required.
These
bonds
the
are
Albany, Ore.
'
,
Details—The $90,000
Sale
Bond
improvement of 1949 bonds pur¬
chased by the First National Bank,
Portland,
/of
in
169,
v.
previously noted
were sold at a
as
54,
p.
price of 100.04, a basis of about
1,04%, as follows:
$54,000 as 2s. Due on Aug. 1 from
1951
'
,
to
1956 inclusive.
as
1 %s.
from 1957 to
38,000
on Aug.
1960 inclusive.
Due
1
J
County School District
(P. O. Tiller), Ore.
Douglas
No.
114
Bond
Offering—Emily
Krantz,
District Clerk, will receive sealed
bids
until
7:30
p.m.
(PST) on
July 18 for the purchase of $62,000 school coupon bonds. Dated
Denomination $1,Aug. 1, as follows:
$5,000 from 1951 to 1960 inclu¬
sive, and $6,000 in 1961 and 1962.
Principal and interest payable at
the County Treasurer's office, or
at the fiscal agency of the State,
in New York City, at the option
ofiJ the
purchaser.
A
certified
check for 5% of the bid, payable
1949.
Aug.
1,
000.
Due
on
District, is required...
the
to
County,
Jefferson
Union
Madras
.
school
Details—The $224,000
purchased
bonds
by
the
.First National Bank, of Portland,
&
July 1 from 1950 to
• ' '
Donora, Pa.
(P. O. Parkrose), Ore.
District Clerk, will re¬
sealed
bids until 8 p.m.
ceive
bonds
Bond Sale—The
$22,000 borough
bonds offered July 5 — v. 170, p.
Bond Sale Details—The
$592,000
purchased by the
First National Bank, of Portland,
54—were
bonds
National
awarded
to
Mellon
the
Pittsburgh, as
for $396,000 as l3/4s, and $196,000 l%s, at a price of 100.59. The sec¬
ond
as 2y4s, as previously noted in v.
highest bidder was R. C.
169, p. 54, were sold at a price of Schmertz & Co., for D/fes, at a
•
100.43, a basis of about 1.93%. The price of 100.07.
second
highest bidder was the
Jeannette, Pa.
United States National Bank, of
Bond Sale Details—The $65,000
Portland, for 2y4s, at a price of
100.09.
city bonds purchased by Moore,
Leonard & Lynch, of Pittsburgh,
Multnomah County Sch. Dist. No. 4
as
l%s, as previously noted in
(P. O. Gresham), Ore.
v. 169, p. 2803, were sold at a price
Bond Offering—Melvin J. Brug- of
100.14, a basis of about 1.725%,
ger, District
Clerk, will receive are dated July 1, 1949, are in the
sealed bids until 8 p.m. (PST) on denomination of $1,000 and ma¬
July 16 for the purchase of $472,- ture on July 1, as follows: $6,000
000
not to
exceed 4%
interest from 1950 to 1954 inclusive, and
school bonds. Dated Aug. 1, 1949. $7,000 from 1955 to 1959 inclusive.
Due on Aug. 1, as follows: $47,000 Legality
approved by Burgwin,
from 1950 to
1957 inclusive and Churchill & Ruffin, of Pittsburgh.
$48,000 in 1958 and 1959. Principal
Scranton School District, Pa.
and interest (F-A) payable at the
County Treasurer's office, or at
Note Sale—The $800,000 tax an¬
the fiscal agency of the State in
ticipation notes offered on July 6
New York City, at the option of —v.
170, p. 54—were awarded to
the
purchaser. The approving Mackey, Dunn & Co., of New
opinion of Winfree, McCulloch, York, at 1%% interest, plus a pre¬
Shuler & Sayre, of Portland, will mium of
$428.14.
Dated July 6,
be furnished to the purchaser. A
1949, and due on May 5, 1950.
certified check for $2,000 is re¬
Versailles Twp. Sch. Dist. (P. O.
quired.
; Fv1;
1950
1224 Kansas
City Recorder,
E.
able
at
on
Sale—The $236,000
build¬
ing and improvement bonds of¬
fered June 30—v. 169, p. 2803
were awarded to Blair & Co., Inc.,
Bond
will
Bank
of
about
Memphis,
as
as
inclusive, and
l3As, due on July
from 1955 to 1969 inclusive*
price of 100.063, a basis
1.73%.
Dated July 1
a
of
1
Dated
July 1, 1949. Interest J-J.
Gatesville,
Texas
.
?
July 1 from 1950
to
1954 inclusive.
Second high
bid of 100.123 for 2s was made by
the Cumberland Securities Corp.
Bonds Sold—An issue of $250,000 water works and sewer system
of Nashville/
tral Investment Co. of
1949 and due
on
O. Columbia)
Tennessee
Sale Details—The
$50,00C
purchased by the
Bank, of Memphis
on a bid reflecting
a net interes
cost of about 1.45%, as previously
noted in
v.
169, p. 2471, were
awarded
as
1V2S, at a price ol
Bond
memorial bonds
First National
has
been
sold
to
Rauscher, Pierce & Co., the Cen¬
Texas, and
Moss, Moore & Co., all of Dallas,
.
Maury County (P.
bonds
revenue
jointly, as 21/fes, 3s and 23/4s, at a
price of par.
Dated June 1,'1949.
Legality approved by Dumas, Hu¬
guenin & Boothman, of Dallas.
Hamilton, Texas
'
Bonds Sold—An issue of
$85,000
4% refunding bonds has been sold
to the Central Investment Co.' of
100.27.
Dated March 1,
Legality approved by Du¬
Huguenin & Boothman. of
Texas, of Dallas.
1949.
Sullivan
County (P. O.
Blountville), Tenn.
Bond Offering — T. R. Bandy
mas,
Dallas.
County Judge, will receive sealec
bids until 2 p.m. (EST) on Aug. t
for
the
purchase of $l,100,00t
not to exceed 3%
Happy, Texas
Bonds Not Sold
not
interest coupo,
exceed
to
—
The $100,000
interest bonds
5%
offered May 26 were not
bonds, divided as follows:
Huntsville
$900,000 school bonds. Due or
Aug. 1, as follows: $200,00.
Indep.
sold.
Sch.
Dist.,
T exas
,
from
1950
Davis, Secretary of the Board of
$100,000 in 1954.
A cer
tified check for $9,000, pay¬
able
Offering—Raymond
Bond
inclusive
1953
to
and
Trustees, will receive sealed bida*
until 8 p.m. (CST) on July 20 for
to
Clyde
Groseclose
County Trustee, is required
200,000 Road,
1949
Series
E
bonds.
Due on Aug. 1, 1955
A certified check for $2,000
the
purchase of $341,000 not to. ex¬
3%
interest school
house
ceed
Denomination $1,000.
bonds.
1949;
payable to Clyde Groseclose
County Trustee, is required.
Singer, Deane & Scribner, of
Dated Aug. 1, 1949. Denomina
Pittsburgh, jointly, as 3V4S, at a
price of 100.35, a basis of about tion $1,000. Principal and interesl
3.22%. Dated July 1, 1949. Due on (F-A) payable at the Chemica
July 1 from 1950 to 1979 inclusive. Bank & Trust Co., New York
Due
15, as follows: $1,000 in
$9,000 .from 1950 to 1953;
Aug.
on
$12,000 from 1954 to 1957 inclu¬
sive; $15,000 in 1958; $14,000 in
and
1959
1960; $12,000 in 1961;
and
,
SOUTH CAROLINA
Sch. Dist. No. 17 without cost.
(P. O. Anderson), S. C.
Bond Sale—The $450,000
bonds offered
any
June
30—V.
$13,000 in 1962 and 1963; $14,000
in
1964; $15,000 in 1965 and 1966;
$16,000 in 1967 and 1968; $17,000
City.
The approving opinion 0:
Chapman & Cutler,; of Chicago,
will be furnished to the purchase,
Anderson County
interest date
after Sept. 1, 1954.
Principal and
interest payable at the City Treas¬
par
Ave., McKeesport),
Pennsylvania
Helik-
receive
sealed bids until 7:30 p.m (PST)
on
July 13 for the purchase of
$13,000 sewer bonds. Dated Sept.
1, 1949. Denomination $1,000. Due
on
Sept. 1, as follows: $6,000 in
1950; $5,000 from 1951 to 1954 in¬
son,
National
1954
to
$330,000
First
l3/4s, at
„
Oakridge, Ore.
Offering—Dale
of
-
.
Bond
Bank,
the
awarded to
2696—were
55
000
$50,000 hospital
July 2—v. 169, p.
offered
*
ment, Series 266 bonds; $110,as 4s, due on July 1 from
(P. O.
Gainesboro), Tenn.
Sch. Dist. No. 3
54—were
Stanton,
(155)
Jackson County
Co., jointly, for 2%s, at a*price
of par.
previously noted in v. 169, p.
sold at a price of par, clusive; $6,000 from 1955 to 1957
inclusive;
$7,000
in
1958
and
en a bid reflecting a net interest
1959; $5,000- in 1960 and 1961;
cost of about 3.28%.
$6,000 in 1962; $7,000 from 1963
J tsephine County, County School
to 1965 inclusive; $8,000 in 1966
District (P. O. Grants Pass),
and 1967; $9,000 in 1968, and $10,"V ^
Oregon
000 in 1969.
All bonds maturing
V Bond Offering — Marguerite S. after Sept. 1, 1954, shall be call¬
as
CHRONICLE
Bond Sale—The
Multnomah County
;
High Sch. Dist. No. U-l (P. O.
Madras), Ore.
j
Bond Sale
Due on
1959 inclusive.
school
OREGON
,
1949.
FINANCIAL
&
COMMERCIAL
schoo
169, p
1972, and $16,000 in 1973.
1971 and
Bidders to
!
name
the rate of inter¬
est, expressed in a multiple of Vs
of 1%. A certified check for $7,-
TEXAS
Bellaire,
2804—were awarded to the Robin¬
1969; $18,000 in 1970; $24,000 in
in
„
000, payable to the District, is re¬
quired.
;
Texas
,
Bond Sale Details—The $150,000
son-Humphrey Co., of Atlanta
La Porte, Texas
Johnson, Lane, Space & Co., of street improvement, Series 194£
Bond Offering—J. E. Muldoon,
urer's office.
A certified check
purchased
by
Moroney
Savannah, Citizens and Southern bonds
City Secretary, will receive sealed
for 2% of the bid is required.
National Bank, of Atlanta, and A. Beissner & Co., of Houston, anc
bids until 10 a.m. (CST) on July
June 1, 1949.
Due on Dec. 1, as
the First of Texas Corp., of Sar
M. Law & Co., of Spartanburg,
19
for the
purchase of $50,000
Washington County School District
follows: $22,000 from 1952 to 1962
jointly, on a bid reflecting a net Antonio, jointly, on a bid reflect¬ 4% water works and sewer system
No. 60 (P. O. Route 3, Box 663,
inclusive, and $17,000 in 1963. All
interest cost of about 2.48%, as ing a net interest cost of 2.98%,
revenue bonds.
Dated March 15,
Beaverton), Ore.
bonds which mature after Dec. 1,
as previously noted in v.
169, p.
follows:
1949.
Denomination $1,000.
Due
Bond Offering — Marie Falb,
1954, will be subject to call and
2804, were sold as 3s, at a price 0i
on
March 15, as follows: $1,000
Due on July 1
redemption on July 1, 1955, and District Clerk, will receive sealed $40,000 as 2Vzs.
100.20.
from 1950 to 1954 inclusive.
from 1951 to 1969 ihclusive; $2,any
interest paying date there¬ bids until 8 p.m. (PST) on July
000 from 1970 to 1977 inclusive,
178,000 as 2.20s. Due on July 1
Cleveland, Texas
after.
Principal
and
interest 11 for the purchase of $7,000 not
from 1955 to 1965 inclusive.
Bonds Sold—An issue of $400,- and $15,000 in 1978.
The approv¬
exceed
6%
interest
school
<J-D) payable at the fiscal agency to
232,000 as 2.60s. Due on July 1 000.water works and sanitary ing opinion of Chapman & Cutler,
Dated Aug. 1, 1949.
of the State in New York City bonds.
De¬
from- 1966 to 1974 inclusive,
sewer system revenue bonds has
of " Chicago, will be paid for by
r
nomination $1,000.
or at the County Treasurer's of¬
Due $1,000 on
the City.
Dated July 1, 1949. The second been purchased by the J. A. Phil¬
fice.
The approving opinion of Feb. 1 from 1951 to 1957 inclu¬
Winfree,
McCulloch,
Shuler & sive. Principal and interest (F-A) highest bidder was Halsey, Stuart lips Investment Co., of Houston,
McLean, Texas
& Co., for $450,000 as 2.60s, at a and the Central Investment Co. of
Sayre, of Portland, will be fur¬ payable at the County Treasurer's
Bonds Sold—An issue of $50,00^
Texas, of Dallas, jointly, as 3V4S,
nished to the purchaser.
A cer¬ office or at the fiscal agency of price of 100.88,.
city
hall
and
public
building
3V2S, and 3%s, at a price of par.
tified
check
for
$2,500 is re¬ the State in New York City. The
bonds has been sold to the Central
Dated June 15, 1949. Legality ap¬
SOUTH DAKOTA
quired.
approving opinion of John W.
V ....V'V'V,/
Investment Co. of Texas, of Dal¬
proved by Dumas, Huguenin &
Shuler, of Portland, will be fur¬
las, as 4s, at a price of par. Dated
Plankinton, S. Dak.
Lane County School District
Boothman of Dallas.
•
nished.
A
certified
check
for
May 1, 1949. Legality approved by
No. U-12 (P. O. Creswell),
Bond Sale—The $75,000 bonds
$1,000 is required.
Dumas, Huguenin & Boothman, of
Dallas, Texas
offered July 5—v. 169, p. 2804—
Oregon
Bond Sale—The $1,740,000 gen¬ Dallas.
were awarded to Gefke & Co., of
Bond O f f e r i n g—Clara E.
Yamhill, Ore.
4
eral obligation bonds offered July
Port Lavaca, Texas
Spencer, District Clerk, will re¬
Bond Offering — Hope Perry, Sioux Falls, as follows:
5—v. 170, p. 55—were awarded to
ceive
sealed
bids until 8 p.m.
Bond Sale Details—The $50,000
City Recorder, will receive sealed $50,000 sewerage system and dis¬
a syndicate composed of the Na¬
water works and sanitary sewer
(PST) on July 15 for the purchase bids until 8. p.m. (PST) on July
posal bonds.
tional City Bank, of New York
of $35,000 school bonds.
Dated 11 for the purchase of $20,000 not
system revenue bonds purchased
25,000 street improvement bonds.
Trust Company of Georgia, of At
Aug. 1, 1949. Denomination $1,000. to exceed 4% interest City Hall
Dated July 1, 1949.
by Ernest L. Brown, Jr., of Hous¬
lanta, Braun, Bosworth & Co., Inc..
Due on Feb. 1, as follows: $3,000 bonds. Dated
ton, at a price of par, as previ¬
Aug. 1, 1949. Denom¬
Provident Savings Bank & Trus
from 1951 to 1961 inclusive, and ination
TENNESSEE
ously noted in v. 169, p. 2471,
$1,000. Due $1,000 on Aug.
Co., of Cincinnati, Lyons & Shaf$2,000 in 1962.
All bonds matur¬ 1 from 1950 to 1969 inclusive. The
1 were sold at follows:
Carthage, T<enn.
to, of Boston, Andrews & Wells
ing after Feb.. 1, 1954, shall be approving opinion of Winfree, Mc¬
$10,000 as 3V2S.
Due on July 1
Bond Offering — L. B. Thomas, of New York, Republic National
callable at par on any interest due Culloch, Shuler & Sayre, of Port¬
from 1950 to 1958 inclusive.
date after Feb. 1, 1954.
Principal land, will be furnished to the pur¬ City Secretary and Treasurer, will Bank, of Dallas, and Blewer, Heit24,000 as 3%s.
Due on July 1
ner
& Glynn, of St. Louis, at a
and interest payable at the County chaser. A certified check for 5% receive sealed bids until 10 a.m.
from 1959 to 1971 inclusive.
price of 100.009, a basis of abou.
Treasurer's office, or at the fiscal of the par value of the bonds, pay¬ (CST) on July 21 for the purchase
16;000 as 4V4s.
Due on July 1
of $40,000 general obligation water
1.90%, as follows:
agency of the State, in New York able to the City, is required.
from 1972 to 1978 inclusive.
works extension and improvement
$240,000 street paving, Series 263
•City, at the option of the pur¬
*%
Optional July 1, 1963.
bonds. Dated Aug. 1, 1949. Due on
bonds; $60,000 as 4s, due o*"
chaser.
A certified check for $700
PENNSYLVANIA
Aug. 1, as follows: $1,000 from
July 1 from 1950 to 1954 in¬
is required.
Richardson Indep. Sch. Dist.,
Baldwin Twp. Sch. Dist. (P. O.
1950 to 1959 inclusive; $3,000 from
T exas
clusive, and $180,000 as l3/4s,
Lane County, Siuslaw Sch. Dist.
Clairton Road, Pittsburgh 27),
1960 to 1963 inclusive; $8,000 in
due on July 1 from 1955 to
Bonds
Sold—The $10,000
sta¬
No. 97J (P. O. Florence),
Pennsylvania
1969 inclusive..
1964, and $10,000 in 1965. Princi¬
dium revenue bonds has been sold
July 11 for the pur¬
chase of $259,000 not to exceed
€% interest school bonds.
Dated
(PST)
on
,
.
.
'
*
,
■
Oregon
Bonds
not
to
Not Sold
exceed
5%
not
The $70,000
interest school
bonds offered June
2803—were
'
—
27—v. 169, p.
sold,
because the
maturity schedule was not in con¬
formity with State requirements.
Linn
County Sch. Dist. No. 19
(P. O. Albany), Ore.
Warrant Sale—The $16,000 war¬
rants offered June 27—v. 169, p.
2803—were awarded to the First
the
420,000 street opening and widen¬
Citizens Bank & Trust
to E. H. Rollins & Sons, of Phila¬
delphia, Blair & Co., Inc., Singer,
Dean & Scribner, and George G.
Applegate & Co., both, of Pitts¬
burgh, jointly, as 2%s, at a price
Co., Carth¬
age.
The approving opinion of
Chapman & Cutler, of Chicago,
will be furnished to the purchaser
ing, Series 264 bonds: $105,0C0
as 4s, due on July 1 from 195C
to 1954 inclusive, and $315,000
as
13/4s, due on July 1 from
without cost.
1955 to 1969 inclusive.
Sale —The $425,000 gen¬
obligation bond&_offered July
5—v. 169, p. 2695—were awarded
Bond
of 101.19, a
Dated Aug.
from
1950
second
Stuart
at
& Lynch,
a
price of
par.
basis of about 2.63%.
.1, 1949. Due
to
1974
on
Aug. 1
inclusive.
The
highest bidder was Halsey,
Co., Arthurs, Lestrange
and S. K. Cunningham
National Bank, of Portland, as
3s,
Dated July 1,
pal
eral
&
and
interest
payable
at
640,000 sanitary sewer and sew¬
Centerville, Tenn.
Bond Sale—The
$50,000 4% hos¬
bonds offered July
1—v. 169, p. 2696—were awarded
to C. A. Thompson, of Centerville.
pital
Dated
from
revenue
July 1, 1949. Due on July 1
1952
to
1984
inclusive.
disposal plants, Series 260
bonds: $160,000 as 4s, due or
July 1 from 1950 to 1954 in¬
clusive, and $480,000 as l3/4s
due on July 1 from 1955 to
to
the
First
1969 inclusive.
storm
sewer
improve¬
Co.,
of
as
proved by Dumas,
Boothman, of Dallas.
Seminole
Com.
1
age
440,000
Southwest
5s, at a price of par.
Dated April 1, 1949.
Legality ap¬
Dallas,
Edwards
Con.
&
Sch. Dist.,
Texas
Bond Offering
N.
Huguenin
Co.,
Details—WilliatfT'
of
Fort
Worth,
Roche & Co., of Aus¬
tin, and the R. J. Edwards, Inc.,
of Oklahoma City were associated
with
the
Columbian
Securities
Emerson,
56
VERMONT
Corp. of Texas, of San Antonio, in
the
purchase
of
the
$490,000
bonds, divided
follows:
as
of
Texas
Austin
Bond
Note Sale
In
—
on
Colleges,
offered
The $8,825,000
V. VIRGINIA
noted in detail
water
June
on
15
were
held
June 15
on
system bonds has been sold
F.
Peoples
from 1950 to 1952 inclusive.
Due
Cf
from 1953 to 1957 inclusive.
authorized
on
New
All of the bonds are dated June
in
the
award
Harold E.
Wood &
Frederick
&
•
■
;
■;
.
Co., and Paul
Co.
'■
;V'V •1 ■;"
<
a.*
,
Waco, Texas
Bond Offering — R. C. Hoppe,
City Manager, will receive sealed
bids until 7:30 p.m. (CST) on Aug.
2
the
for
street
purchase
improvement,
oL $750,000
Series
election
were
Dated
July
The
beginning with
ending with the
10th year after the date of issue
The bonds will be redeemable by
the Town
and
and
on
from, date thereof
date.
of the amount of the bid
is required.
County School District
Sale
bonds
$120,000 school
State,
&
—
as
2%s, at
Whatcom
Co., of Charlottesville, and the
Peoples National Bank, of Char¬
awarded
were
price of
a
the
to
par.
County, Lynden School
District
504
(P.
Bond Offering—Orland
County
Treasurer,
will
Ivarson,
receive
bids until 11 a.m. (PST)
July 20 for the purchase of
:j $175,000 not to exceed 4% interest
on
Vienna.
Bond Offering
Va.
—
>"■
V
Jabez E. Tit-
school bonds.
Dated April 1, 1949.
Denomination
man, Town Treasurer, will receive
sealed bids until 8 p.m. (DST) on
April 1,
July 14 for the purchase of $500,-
and
1952;
1957
City
not
water
exceed
to
and
sewer
4% : interest
system
coupon
registered bonds. Dated July 1,
1948.
Denomination $1,000. Due
on July
1, as follows: $10,000 in
1951 and 1952; $15,000 from 1953
to
1960 inclusive; $20,000 from
1961 to 1973 inclusive, and $25,000
or
from 1974 to 1977 inclusive. Prin¬
cipal and interest (J-J) payable at
the principal office of such banks
or
trust companies having their
$1,000.
Due
on
follows: $7,000 in 1951
$8,000 from 1953 to
inclusive; $11,000 from 1966 to
1968
inclusive, and $12,000 in
1969. Principal and interest (A-O)
payable at the County Treasurer's
The approving opinion of
Preston, Thorgrimson & Horowitz,
of Seattle/ will be furnished.
A
certified check for 5%
of the
amount of the bid is
will
J.
exceed 6%
2Vz% hydro - electric
commission bonds. Due
July 15, 1954.
45,000,000
3%
hydro - electric
power commission bonds. Due
on
Jan. 15, 1968. Callable in
whole or in part on or after
Jan. 15, 1966, on any interest
date at par and accrued inter¬
est, on 30 days' prior notice.
sealed
interest fire equip¬
bonds.
000
Principal
and
interest
(J-J)
payable in Toronto, Montreal, Ot¬
Dated
1956
from
to
1960
maturing in the
tawa, Winnipeg, Vancouver, Hali¬
fax and
QUEBEC
option of the City on July
1, 1955, and on interest payment
Joliette
dates
bonds
required.
thereafter,
order.
in
$144,500
95,500
Dated
Boettcher
with
Christensen, of Denver,
purchase of $26,000 building
as 4s at a price of 100.14, a
basis of about 3.98%, as previous¬
ly noted in v. 169, p. 2696.
sealed
and
(CST)
oral
bids
until
8
p.m.
July 18 for the pur¬
chase of $50,000 not to exceed 3%
on
interest
water
system
bonds.
Dated July 15, 1949. Due on July
id,
as
to 1959
is
(Dominion of)
Dated
July
8,
follows:
$2,000 from 1950
inclusive., and $3,000 from
in
Interest Exempt
Under
from Federal Income Taxes
Existing Statutes and Decisions
general obligations of the City of Dallas, payable both principal and interest from ad valorem
levied
upon
"
; -
principal amount and accrued in¬
any
interest payment,
date.
Principal and interest
(M-N) payable at any branch in
the
Province of
Quebec of the
; .13/4%
1
,70%-1.15%
*
4"
" *
•
.
•
t''
S.
»•
Acquireji
State,
1.30%-2.10%
Railroad
Public
The above Bonds
are offered subject to prior sale, for delivery when, as and if issued and received
by us and
subject to the approval of legality by Messrs. Chapman and Cutler, Attorneys, Chicago, Illinois.
Securities.....
Bonds
World
(U.
(U.
(U.
(U.
Republic National Bank of Dallas
July 8,1949.
*
44
138
273
15
$335
12
49
57
368
'
1,450
$19,063,
1,337
885
633-
2,850
559
V 8,785
7,270-
1,006
7.536
5,685
f
728
55
1948
$16,196
2,947
37
218
12
;
1949
Omitted)
17
V.
173
(U. S.)
72
1,488
1,423-
7
5
36
462
41®
1
10
5
61
1
2
2
7
29
31
26
Bonas
27
126
113
1,026
903
mm
Mtges.: Veterans Admin.
Mortgages:
,
'
mi'
..
.
J
50
Total
Andrews & Wells, Inc.
'
1
Blewer, Heitner & Glynn
100
Farm
and
295
2,751
1,637
50
173
1,207
1,000
143
496
489
6,500
5,767
$901
$2,627
$3,756
$51,323
$48,081
—r-
__
<50
-73
$759
Mtges.
Estate
Other Real Estate
.
19
:■
;
Policy Loans
_
Cash
Other
426
37
126
Securities
Real
76
12
FHA
Admin.
Other
Incorporated
Incorporated
2
Holdings
Apr. 30,, Apri 30,
1948
$258
17
S.)____
S.)
Bank
Non-Farm
Braun, Bosworth & Co.
Lyons & Shafto
4
7
S.)
S.)
Utility Bonds
Veterans
■"
$134
4 Mos.
'
City Bank of New York
Cincinnati
$51
9
Bonds
Other
-*
1949
Foreign Corporate Securities
Farm
Provident Savings Bank & Trust Company
4 Mos.
1948
(000,000
Cty., Mun.
Stocks
Trust Company of Georgia
April
''
' *
Government
Industrial & Misc. Bonds
The National
treal.
.
.
Foreign Government Securities..
(Accrued interest to be added)
v
Central Board's bankers, at the
option of the holder. These bonds
are part of an authorized issue of
$9,000,000. Legality approved by
Heward, Holden, Hutchison, Cliff*
Meredith & Ballantyne, of Mon¬
1949
Prices to Yield
4%
1955-69
Denomina¬
terest/on
April
U.
1950-54
May 1, 1949.
tion $1,000. Said bonds are callable
in whole or in part at 100% of the-
April Life Insurance Investments
$87,000 each July 1, 1950-69, inclusive
Coupons
follows: $69,000
Investments made by the life insurance companies of the country
during April and holdings at the end of April are reported by the
Institute of Life Insurance as follows:
MATURITIES, COUPONS AND YIELDS
Maturities
as
$1,974,000 in 1964.
Toronto, Royal Securities Corp.,
Montreal, Midland Securities
are
taxes
all the taxable property therein, within the limits prescribed by law.
Due
on
r
These Bonds, issued for various improvement purposes, in the opinion of counsel named below
which may be
May 1,
Dated
Norris & Quinlan, of Mon¬
treal, R. A. Daly & Co., Gairdner
&
Co., both of Toronto, W» C.
Pitfield & Co., of Montreal, Burns
Bros. & Denton, W. C. Harris &
Co., all of Toronto, James Rich¬
ardson & Sons, of Winnipeg, Fair-
July 1,1949. Principal and semi-annual interest (January 1 and July 1) payable in New York
City or Dallas. Coupon Bonds in denomination of $1,000 registerable as to principal only.
:
1955; $71,000 in 1956; $74,in 1957; $76,000 in 1958;
$79,000
in
1959; $82,000 in
1960; $85,000 in 1961; $88,000
in 1962; $91,000 in 1963, and
*
lier.
Dated
:
000
syn¬
Ltd., of London, Ont., McTaggart,
Hannaford, Birks & Gordon, of
Montreal, Cochran, Murray & Co.,
Harrison & Co., Fry & Co., Mat¬
thews & Co., all of Toronto, Col¬
4% and 1%% Bonds
..
in
Co., Dominion Securities Corp., all
?
(
Board, Que.
2,689,000 3Vz% school bonds. Due
dic a t e
composed of
McLeod,
Young, Weir & Co., Wood, Gundy
& Co., Bell, Gouinlock & Co., A.
E. Ames & Co., Mills, Spence &
City of Dallas, Texas
.' j
1952; $64,000 in 1953, and
on
of
*
$67,000 in 1954.
ONTARIO
of
May 1, 1949.
May 1, as follows: $58,000 in
1950; $60,000 in 1951; $62,000
1949 and
(Province of)
Bonds Publicly Offered—A
$1,740,000
May %
$311,000 3% school bonds. Due
Ontario
New Issue
inclusive*
publicly offering an issue of $3,bonds, divided as
Oct. 7, 1949.
on
on
1969
000,000 school
follows:-.'
Treasury Bills Sold—An issue of
0.511%.
to
Due
Thomson & Co., both of Montreal,
and Gairdner & Co., of Toronto,
$75,000,000 Treasury bills was sold
on July 7
at an average yield of
due
.
Co., Dominion Securities Corp.,
Wood, Gundy & Co., all of Toron¬
to, L. G. Beaubien & Co., Nesbitt,
CANADA
Canada
1960
School
bonds,
Mrs.
314s.
Bonds Publicly Offered—A syn¬
dicate composed of A. E. Ames &
writer &
Kathryn
Engel, Village Clerk, will receive
—
May 1 from
on
1959 inclusive.
Peters
in the
(P. O. Madison), Wis.
Offering
3s. Due
Montreal Protestant Central
WISCONSIN
Bond
as
from
Co., Bosworth, Sullivan & Co..
and Coughlin & Co., all of Denver,
associated
as
'1950 to
&
were
were
to
Gelinas, both of Mon¬
treal, jointly, at a price of 98.82,
a basis of about
3.30%, as follows:
Sheridan), Wyo.
—
20
Roberts &
County, Beckton School
Sale Details
June
the; Banque Canadienne Nationale, and Geoffrion,
District No. 9 (P. O.
Bond
Que,
school
Commission,
offered
awarded
The
fied check for 5% of the par value
of the issue is required.
-
Sheridan
School
Bond Sale—The $240,000
inverse nu¬
approving
opinion of Myles P. Tallmadge of
Denver, will be furnished to the
purchaser by the City. A certi¬
merical
ap¬
McTaggart, of Toronto.
1956
the
Bid¬
Monona
Saint John. Legality
proved by Daly, Thistle, Judson &
inclusive.
years
an
on
Coolican.
receive
Toronto, is publicly offering
power
July 1, 1949.
$1,000. Due on July
1, as follows: $5,000 in 1950; $2,000
in 1951; $3,000 from 1952 to 1954
inclusive; $9,000 in 1955 and $10,-
$9,000 from 1958
to 1961; $10,000 from 1962 to 1965
office.
Clerk,
& Co.,
Bartlett,
$5,000,000
Wyo.
Offering—F.
Corp.,
issue of $50,000,000 bonds, divided
as follows:
Denomination
inclusive;
000
as
of
in¬
bids until 7:30 p.m. (MST) on July
12 for the purchase of $75,000 not
at
sealed
from 1950 to 1967 inclusive.
Bond
Anderson
Cayley & Co., Brawley, Cathers &
Co., J. L. Graham & Co., Charles
Burgess & Co., Flemming &
Co., and A. M. Ramsay & Co., all
and thereafter will be redeemable
Bellingham), Wash.
lottesville, as 2s, on a bid reflect¬
ing a net interest cost of about
1.99%. Dated July 15, 1949. Due
of
rate
Co.,
Bond
H.
Co.; Madison.
the
&
Bankers
WYOMING
Bonds
O.
Trust
name
Laramie,
ment
$8,500 school
July
2—v.
169,
clough
1% of the par value of the bonds,
payable to the Village, is required.
to
The
offered
2696
p.
—
The
terest, expressed in a multiple of
Vi of 1%.
A certified check for
any
paying
Bond
&
Bidders to
interest
certified check
on
inclusive.
(J-J) payable at the Madi¬
Bank
after two years
for 5%
A
1969
to
are
terest
son
will
bonds
(P. O. Olympia), Wash.
principal offices in New York
City, Washington, D. C., or the
Commonwealth
of
Virginia, as
ders to name the rate of interest,
specified by the purchaser. Bid¬
expressed in a multiple of % or
ders to name the rate of interest,
1/10 of 1%. The approving opin¬
expressed in a multiple of Y\ or
ion of Vinson, Elkins, Weems & 1/10 of 1%. The approving opin¬
ion of Hawkins, Delafield & Wood,
Francis, of Houston, will be fur¬
of New York City, will be furr
nished by the City. A certified
nished to the purchaser without
check for $15,000, payable to the
cost. A certified check for $10,000,
City, is required.
payable to the Town, is required.
bonds.
on
$10,500 not
interest general ob¬
annually
second
O.
awarded to C. F. Cassell
(PST)
p.m.
bonds.
Thurston
County (P.
Kent), Va.
8
sealed
receive
Monday, July 11, 1949
subject to call and prior
payment inversely at 102%, plus
accrued interest, from and after
July 15, 1959.
Principal and in¬
12 for the purchase of
1949
Sept. 1, 1949.
the
improvement, Series of 1949 bonds
offered June 29—v. 169, p. 2584—
were
the following: C. J. Devine & Co.,
Inc.;
Merrill
Lynch,
Pierce,
Fenner & Beane; Paine, Webber,
Jackson & Curtis; Stone & Web¬
ster Securities Corporation; East¬
man, Dillion & Co.; F. S. Moseley
&
Co.; Schoellkopf, Hutton &
Pomeroy, Inc.; Dominick & Dominick; Reynolds &
Co.;
F.
S.
Smithers & Co.; Rauscher, Pierce
& Co.,
Inc.; Ira Haupt & Co.;
VI. E. Hutton & Co.; Byrne &
Phelps; Lyons &
Shafto, Inc.;
Andrews & Wells; Thomas & Co.;
Field, Richards & Co.; Newhard,
Cook & Co.; H. V. Sattley & Co.;
bids, until
to exceed 4%
14.
Bond Sale—The
Associated with Phelps,
Co.
&
Kent
New
1,105,000 iy4s. Due Dec. 15, 1957.
Fenn
June
at
will
Clerk,
mature
Cassell & Co. and the
National Bank, both of
Charlottesville, jointly, as 2.40s, at
a
price of 100.03. These bonds
to
100.3137, a net interest cost of
about 1.404%, as follows:
Due
1960
Wash.
Bond Offering—Elizabeth Rowe
Town
the
Bonds Sold—An issue of $80,000
of
15, 1949.
were
Appomattox, Va.
170, p. 55, were awarded to
syndicate headed by Phelps,
Co., New York at a price
4,955,000 IViS.
The $100,000 notes
1
ligation
Fenn &
$2,760,000 3s.
July
ton, at 0.84% interest. Due on Oct.
20, 1949.
V'-
(P. O.
v.
a
—
McCleary,
behalf of various
as
CHRONICLE
WASHINGTON
*
Vt.
awarded-to
the Kenneth B. Hill & Co., of Bos¬
Texas
12),
Sale
bonds offered
State
Colleges
FINANCIAL
&
bends
Rutland,
$219,000 2Y4% school house bonds
271,000 2y2% school house bonds.
State
COMMERCIAL
THE
(156)
_
__
4T
__
Assets
Total Assets
—
42
79
1,070
869
158
30
98
128
2,110
1.96S
852
——
'
735
1,184
1,140
$56,589
<-$52,866
'
__
@FedFRASER