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Vil,
Otii
5ie**
IdtfC '«'
MONDAY
Reg. U. S. Pat. Office
Volume 170
Number 4817
New
'General
RAILROAD
t
INDUSTRIAL
<■
INSURANCE
-
Abington Electric Co., Clarks Summit, Pa.—Sell Bonds
Privately—
to issue and sell $550,and $100,000 of 3%%
I" M*** ISSUe
Quarters Ended March 31—
notes, to John Hancock Mutual Life Insurance Co., and to sell
10,000 additional shares of its no par value common stock to its parent,
Republic Service Corp. (Wilmington), for $100,000.. • >
■
the
will
sale
be
Other
Stock and Bond
..
.
of
used
by Abington, together with a
$24,874 credit owing Abington by Republic, to eliminate Abington's
entire present indebtedness to Republic of $765,000.
Republic will make
u
t
a
$500,000
payment on its outstanding notes, will advance
account without interest to two subsidiaries for construction purposes, and use $60,000 for the payment of fees and expeases. in
connection with its recent reorganization.
Republic
also
•
i
to
its
renew
$150,000 due July
outstanding
present
1, 1949, for
in
note
New
nine-month's period.—V, 169,
a
•Page
Curb
Akron Canton & Youngstown RR.1949^
May—
from
Net
from
Nee
ry.
railway__u_
railway
1
i
i™..
-124,669
(Bonds)
income--.
oper.
Gross
from
Net
ry.
169,'
2,192,625
...
935,877
''
763,097
268,095
465,296
:
379,858
81,576
-
Montreal Curb
Toronto
Co.—Bids for Purchase
Akron Union Passenger Depot
first mortgage
tion costs
bids
requesting
bonds series A
the
for
V
Transactions New York Stock Exchange.
proposed issue of $2,000,000
the major part of the construea
to cover
Union Depot.
Akron
new
on
is
company
jointly
cwned
by
Stock and Bond Averages
..
„
.
"
May—
Net
Gross
from
Net
from
Net
ry.
464,499
$1,368,338
322,549
134,387
245,653; •;156,833
6,771,210
7,382,217
1,499,029
6,610,518
1,877,953
722,953
$1,384,922
$640,082
$1.05
$0.44
975,730
American Bemberg
Seats on Board—
,
5,789,754
1,344,420
•640,605
Production
619,272
;
the
stock
of
the
board
Bemberg
by
Corp.—Minority Holders Get Two
oper.
Index
of
company.
Atlanta,
-
Wlggin were added to the American
when proxies of N. V. Adminis-
B.
Brothers
Peixeira
and
D,
Net
«od
of
f
>
>
win
of
owns
,
i
common-stock.
the
over
had
slate
proposed
proposed
Textile
Co.,
the
the Beaunit management. The group
Lester Martin, President of Consolidated
of
name
well
as
election.
in
Ditisheim
Mr.
as
and
Mr.
Wiggin,
in
the
-
'■)
latter
••
H.
W.
Springorum,
'
Rayon,
and
Herbert
relations; were
Wadewitz,
Plant
press
M.
an
accounting
Mr. Wiggin.
-
■'•>
p.
The
Rayon
4n
Corp.
for
The
of
of
the
of
and
company,
ACF
transferring
American
Beaunit
the
stockholders
two
of
Ball,
William
v.
Bemberg
preferred
corporations
Beaunit
the
assets
North
of
Corp. into Beaunit
stock will be ■ voted
at
on
meetings
special
■
American
Mills,
share
of
America
on
Aug.
1.
Mills, Inc., will
Bemberg
The company announoes that it
Assets
which
is
Administration
located
near
Corp.—V.
169,
p.
2745.
Farrel-Birmingham
The
plant
will
manufacturers
Division
plans
NiagarsPFalls,
Co.,
be
of
lnbome of subsidiaries
Y.
plant
line
in
and
Tona wanda,
is
plants
adjacent
to
N. Y.,
the
to
-
-
Brake Shoe's Ramapo Ajax Division,
switches, and special trackwork. The
certain
operations
the
from
newly-acquired
its
Hillburn
plant
in the
and
near
future.
Located
of
The
on
floor
a
12-acre
plot,
the
building has
nearly
150,000
square
space.
plant
was
originally constructed for the Navy in 1942 at a
approximately $1,500,000. Under lease from the government, it '
was
operated by Farrel-Birmingham Co. during World War II for the
manufacture of marine propulsion equipment.
cost
of
it
56
It
of
Southern
its
orders.
was
announced
on
June
27
that
the
Wheel
Division
on
July
The
.,I
.
,-j
integrated
income
of
company
will
$5,858,905
-330,000
,
1,278,839
$2,856,117
$157,976
877,515
497,739
system
4,651,390
;
939,076
510,960
-5,162,350
disposed of in 1948
income
net
$1,766,515
330,000
2,672,788
subsidiaries..
announced June 29.—V.
was
2,873,686
1,934,610
523,252
804,486
4,639,098
2,069,200
;•
$0.75
$1.68
-
Dewey
&
Almy
Chemical
trustee of the
a
169,
p.
Co.,
Cam¬
American Optical
Co.,
1441.
the
is
years
made
to
by
succeed
company
Lester A.
that James F.
Blackford
Clark has
has
who
and is retiring from active service.—V.
been
close
the
week
company's
products
temper."—V. 164,
have
p.
marketed
been
550.
.
.
-
under the
.
Amount
30,356
—V. 169,
p.
American Steel & Pump
last
was
^
registration
;
Corp.—Registration Statement
;
,
„
statement
(No.
board
directors
of
will
Announcement
in
his
(par $2)
of
be
subsidiaries.—V.
169,
American
2746.
p.
Co.
a
banks loans
on
year
at
effective
to
"true
Oct.
at Lorain, Ohio, which manufactures and sells oil
heaters, and furnaces. Mr. Sourbeck's retirement is
1.
1
Resignation of Stanley E. Little, Vice-President in
charge of sales,
become the new Manager of the company's Lorain Division;
Election of Marc W.
Pender, of St. Louis, as Vice-President in charge
sales.
Mr.
Treasurer,
/
Pender
formerly
of George
because of ill
,'Election
of
Election
of
Assistant
Clark
F.
was
Market Research
Baker
of
health.
Fiske
P.
Vern
E.
of
Semple
.
..
Loan
of
Louis
at the rate of
and
St.
Assistant
of
Harold
H.
Manager.
from
the
office
loan, it
15-year 3V2%
be used
was
to retire all
which instalment payments
would have
and which would have matured in 1954.
$1,200,000 annually.—V. 169,
p.
1329.
1
of
'
Treasurer.
Louis, former Chief Accountant,
Treasurer, Mr.' Fiske's former
Gearhart, former
office in the company.
Resignation of Lloyd C. Ginn,
as
_
Accountant,
as
Controller,
Sales
Promotion
new
Manager.—V.
168,
p.
Advertising
and
2426.
,
St Louis Listed and Unlisted Securities
Privately—
arranged with the Metropolitan Life
Proceeds will
Secretary
Louis
St.
~
St.
• •
Election
a
retained until
the
division
cooking stoves,
■
Co.—Places
an¬
nounced
with
an
early date as to Mr. Anderson's
positions with the company and its
$15,000,000
announced June 27.
begun next
company.
official
Locomotive
The company has
Insurance
the
made
*
?
Eight major personnel. changes in American Stove Co. were
on July 1 by Arthur
Stockstrom, president. They are:
Retirement, at age 73, of Thomas M. Sourbeck, Manager of
been
retirement date,
various
the
Sept.-21
as
successor
with
SEC
position.
the
filed
American Stove Co.—Changes in Personnel—
Philip Sporn, President, announces that H. D. Anderson, Vice-Presi¬
and Secretary of this company and a Vice-President of most of
subsidiary companies, had asked to be retired from active duty on
July *1, 1949, after having served the system for more than 40 years.
his normal
„
.
7673)
covering 200,000 shares of convertible class A stock
withdrawn May 13.—V. 168, p. 1794.
dent
would be
12.55
"
of
Mr. Anderson's services
;
I.
and
its
Sporn said that
Pet.
\
'
•
241,750
2746.
Withdrawn—/
The
Increase
.
272,106
.
American Gas & Electric Co.—Official Retires—
1949, the system inputs of subsidiaries
week during 1948, were as follows:
'
•
Resignation
r
23,
Thousands of Kilowatt-Hours
1949
1948
,
169, p. 2746.
trade name
Light Co.—System Input—
ended June
compared with the corresponding
.
V:..:'V;
.V"
Sinking fund payments under the new loan begin in 1954
To Close Atlanta (Ga.) Foundry—
.
;_J.
Bradley Dewey, President of
bridge, Mass., has been elected
in an advisory and consulting
capacity and that he was continuing for the present as a member of
-
by
frogs,
transfer
to
war
city
Inc.
operated
railroad
N.
Buffalo
44
early 1952,
has contracted to purchase from the
former
a
the
2,064,623
income
American Optical Co.—Trustee Elected—
—44
Industrial
The stockholders recently voted to change the name of this company
True Temper Corp., effective July 1, 1949.
For many years, the
to
the
by
American Brake Shoe Co.—To Buy Plant—
feet
of
169, p. 2746.
Treasurer
for
Mr.
War
$3,831,438
--——
Preferred dividend requirements
Balance applicable to common stock
Earnings per share on 2,767,580 shares
—V. 169, p. 2634.
Inc.,
meet the following day *,
to authorize creation of a $1.25 dividend cumulative convertible
preferred stock to be issued to stockholders of the two companies on the
hasis of two shares for each share.of North American and one share /
each
$2,734,936
1,096,502
taxes™,™—
and other deductions-
company's
V;'•'.V
for
1,465,487
2,674,103
and
income
Consolidated
American Fork & Hoe Co.—Name Change Voted—
Ditisheim and v;
Beaunit, who replaced Mr.
"
plan
and
■stockholders
Manager
-
..
proposed
exchange
tor
foundry
lack
a
Announcement
elected
■
Secretary and Treasurer of North American
Bayard Swope, consultant to the company on
elected to that corporation's board, along. with
executive
9,396,459
37,857,166
—™™—$7,067,521
deprec.
Income from investments
American Car & Foundry Co.—New Treasurer—
*
-
(Ga.)
of
built in 1903.—V.
by
""
'
the pair toward the>
35 %
of the. American
W*!'' f, »
favor
subsequent annual meeting of North American Rayon Corp.,
controlled by Beaunit,
the minority group's candidates failed to
also
9,025,485
36,562,944
$8,533,008
costs,
Undistributed
of
(May)_„—.u——
the
At
•
were voted in
-session.
The
group
stormy
a
Bemberg
^
of Amsterdam,
;
•'
1949
1948
$52,655,950 $49,988,561
;
Parent company expenses and taxes (net)..
Consolidated net Income applicable to properties
The company has operated the Atlanta plant for 36 years. It pur¬
chased the foundry in 1913 frofn the old Atlanta Car Wheel Co., and
in
that year formed the Southern Wheel Co.
This later became the
Southern Wheel Division of Brake Shoe. The plant
was originally
Mattos
E.
4
Brothers,
*
"
"
31
plant manufacturers chilled tread
freight car wheels and employs 57 people, some of whom will be
transferred to jobs in other plants. The company plans to sell the plant
property and its equipment. Customers of the plant will be served
from other company plants throughout the country.
margin
Boissevain
Co.)
,
income
Gross
as
because
slight
a
of*
Office
tration
Traction
—
—
American Power &
Hanns Ditisheim and Charles
1
Light &
105,063
$*'■ Two directors were elected June 27 to the board by minority stock¬
holders, over the opposition of Beaunit Mills, Inc., owner of a major¬
ity*^
(Formerly American
operating revenues
purchase costs
For
IP
'
,
Operating
2413.
p.
—J—
Interest
44
Statement of Member Banks
Reserve
Cr3,349
(Dow-Jones)
Federal Reserve System
Federal
169,
Gas
.
.—24
Reserve Banks
1—
income
♦Deficit.—V.
Gas
43
Condition
,
21,600
254,515
.
..Other
49
♦65,937
1,044
21,600
360,752
-
income
Other
Redemption Calls and Sinking Fund Notices. .44
Dividends Declared and Payable—
44
Foreign Exchange Rates
44
Combined Condition Statement of Federal
$1,037,693
♦4,752
railway
est.
..
-
The Course of Bank Clearings
1946
1947
,
$1,513,762
railway——
oper.
1943
1949
income—
oper.
ry.
real
*
,
State and City Bond Offerings—..—
RR.—Earnings—
312,115
railway—.
From January
'
^
.
$1,366,708
railway
from
from
of
reserves™
12 Months Ended March 31—
General Corporation & Investment News.Cover
■v
•■if
Alabama Great Southern
Gross
write-down
investm't &
Miscellaneous Features
,
Net
of
Subsidiary preferred dividends
Common div. payra'ts to American Nat. Gas Co.
.
204,272
,
26,291
American Natural Gas Co. (& Subs.)—Earnings—
_
1
.
-.
♦
f
—33
National Quotation Industrial Stock Average.33
,
f
244,646
per com. share after pfd. div. requireni'ts
169, p, 2525.
V ;
Net
24
Transactions New York Curb Exchange
.
the Baltimore & Ohio RR. and .
the
Pennsylvania RR., and the bonds will be guaranteed by them.
The sale of the bonds and their guaranty are subject to the approval
t>f the ICC.
'
.•,
..
■'
>
.
••
,■
Invitations
for
bids have been sent to
157
prospective bidders.
They will be issued in denominations of $1,000 and multiples of $1,000;
will be dated July 1, 1949, and will mature July 1, 1974.
The cost of the-new Akron Union Depot, now under construction, ;
Is estimated at
$2,238,000.
The new depot is expected to be completed by the end of this year.
"
*"".
Bids tor the bonds must be delivered before 12 noon, EDT, July 12,
to
the
company,
car«
of J. A, Appletou, President, at Room
1304, '
2 Wall Street, New York 5, N. Y.
The
22,296
—
Earns,
Toronto Stock Exchange^^—Curb Section.
.41
Over-the-Counter Markets
*
.......42
..
is
:
interests
—V.
Exchange.—38
Exchange
--39
Stock
:
of Bonds—
company
332,712
$1,656,546
515,385
"
■
The
income taxes.—
—
for contingent
.
San Francisco Stock Exchange......
2525.
p.
355,373
$2,898,933
860,722
—
—
Minority
36
37
-38
Montreal Stock Exchange—
loss—
Provision
36,
St Louis Stock Exchange......
taxes, etc
.
Amortiz.
Philadelphia-Baltimore Stock Exchange...-—36
1,567,374
591,858
income—
Stock Exchange„—
Pittsburgh Stock Exchange...
2,419,367
Depletion
—34
35
35
35
Stock Exchange....
Los Angeles
♦ 19,970
64,389 V'
.
283,541
railway--—
oper.
•Deficit.—V.
3,940
'
.
railway—-J,- 2,104,765
from
Net
93,475
/ 62,762
.
From Jan. 1—
exchange
Depreciation
29
Exchange-——-
Detroit Stock Exchange._—
$268,269
134,822
Foreign
Stock
Cleveland
^
*:' 1946
1947
$435,503
••
184,897
-
^
-Earnings—
i
1948
$485,621
$410,977
1948
$1,323,834
——-
Provision for U. S. and foreign
,13
25
(Stocks).—
Cincinnati Stock Exchange.—.—
Gross
income
Total income before
Exchange—34
Chicago Stock Exchange—.,
34
2633.
p.
York
Boston
of
amount
the
<-
New York Stock Exchange
;
-
proposes
1949
$2,543,560
Quotations
New York Stock Exchange
rata
prq,
:
*
■
$80,126 on open
■/
or more owned)
•
Profit, before" items of income & charges shown
separately below
:
serial
Proceeds
American Metal Co., Ltd. (& Subs.)—Earnings—
-
(Including subsidiary companies 75%
The company has received SEC authorization
000 of 3Vi%
first mortgage bonds, due 1969,
.
MISCELLANEOUS
-
"
-
Copy
a
Corporation and Investment News
PUBLIC UTILITY
-
Price 75 Cents
York, N. Y., Monday, July 4, 1949
Edward D.Jones & Co.
Established
1871
300 North 4th St., St. Louis 2, Missouri
Members
New York Stock
Exchange
Exchange
Chicago Bd. of Trade
New York Curb Exchange Associate
St.
Louis Stock
Chicago Stock Exch.
Phone
OEntral 7800
Bell Teletype
8L 693
/!*
/•
F
^"1
J
*
I
2
Operating revenues
Uncollectible
Operating revenues]
charges—1.1
after
•Deficit,—V.
169,
Ann Arbor
May—
ry.
Net
ry.
3,174,615
574,237
3,512,451
3,189,444
658,450
687,285
2,451,440
270,386
230,891
railway
from
263,650
282,914
61,546
income.—
oper.
•Deficit.—V.
Areata
.
$450,047
$555,904
20,181
133,536
166,816
79,233
54,683
...
«• "7,752
7
1—
railway
from
Net
$746,501
income—
oper.
Prom January
Gross
$637,082
141.454
57,898
railway
from
Net
1943
railway____
from
Net
.1946
1947
1949
*
169,
Co.—Registration
Products
Timber
(Calif.)
169, p.
Withdrawn—
Statement
tq
the
executive
Net
(par $5,000).—V.
Cost of
of
personnel
30,471,803
28,204,933
146,166,889 133,233,810
29,617,698
26,920,446
143,689,379
854.105
1,284,487
2,477,510
earnings
facturer
3 Months Ended March 31—
Associated Telephone & Telegraph Co.—EarningsInterest
received,
Operating expenses and
Net
earnings
Interest
etc
——-
—-i——
taxes—.
;—-
Amortization
debt
of
_
13,219
other
(less
expense
taxes
refund
of
income)--———
income
on
taxes
for
surplus-
$108,509
Consolidated
the
•In
to
carrybacks
net
1948
loss—-—,
quarter
——
taxes
179,895
$286,695
•
—
accrued
were
to
.
share.—_
.
Loyall
is
He
—V.
senior
McLaren,
partner
the
in
of
firm
All,holders
169,
2414.
p.
";.v
>
1948
1947
railway—,.
railway——
$232,434
$150,440
Net
from
40,154
118,629
income—
13,283
48,119
61,397
24,349
Net
ry.
815,902
993,306
805,190
284,069
105,487
473,857
339,229
195,106
139,654
oper.
1946
,-Y
$112,700
37,730
10,075
Y
from
Net
from
Net
ry.
—V.
railway
...
income—.
oper.
2414.
169, p.
,
43,900
:
Federal
South
Commission
Power
June
authorized
23
p.
No,
Y
miscellaneous
other
items.—V.
169,
W.
.
■7-Y
1949
,;V7vYY':v,Y7-
-;
1948
,
$465,504
shares—
$3,293,303
1947
-"
$1,408,580
$1.05
Federal
most
..
board
the right to
portion of the bonds
reserves
on
the
corporation
St.,
10
before
or
Wilmington
noon
the_ open market. Purchases in the
times
a
and
at such
prices
cretion, determine.—V.
169,
*
reject
in
and
any
all
such
tenders
tendered
so
the
as
and to purchase bond 3
market shall be made at
open
directors shall,
in their sole dis¬
7'
903.
p.
Electric &
Gas
Co., Lincoln, Neb.—Registers
'7
from old
to
new
or
.
Nil
*
such
1950
for
other
general
estimated
that
period
Central
'V
.</
to
'
major
seven
sale
corporate
for
the
Construction
purposes.
last
nine
months
of
1949
expenditures
and
the
y^ar
at
$8,400,000, and the company's own expenditures
$900,000.—V. 169, p. 1559,
y :'7'7\
.77
at
of
Georgia Ry.—Earnings—
May—
Gross
Net
ry.
railway____
railway
from
7
*
Gross
'
"
*54
*
•
15,773.919
2,156,119'
Net from railway______v
metal-working plant in Youngs1,543,182
Net ry, oper.
town, Ohio, is expected to go into production shortly,
income
299,259
f
Barring unforeseen difficulties, Mr. Robinson said, the company is
"Deficit.—V. I69, p. 2415. YY '"r:
confident that
1949
will
be
a
satisfactory year.
In 1948 its sales *•'
reacned an all-time peak.—V.
169, p. 496.
1946
)-
$2,283,757
♦18,231
*213,129
239,090
275,628
;
15,067,338
1
1947
$2,735,381
549,665
7"y
'
,7
1948
■;
$3,333,669
6,059
:v\"Y;y7'
rallway__Y_
from
.7
1949
$2,853,031
Y
225,404
income___
oper.
y.y Frcin Jan. 1—
company's steel inventories
■;*.'
v
*
from
Net
7
.
named
are
stock
subsidiaries
are
•
earnings
Production, schedules, based on customers' schedules
already released,
reach an all-time high in the
company's history during the second
The
the
common'stcck
;
"
will
quarter of 1949, Mr. Robinson stated.
have improved steadily, and its new
for
by
/
1946
of
additiohal
1,947,700
,
carry-back credit.
car-body models.
Corp.
as
the principal underwriters.
'7;
may be applied in part to the purchaso
equities of the company's telephone sub¬
sidiaries (which are engaged in comprehensive construction
programs
requiring large amounts of new capital) or to the making of tempo¬
rary advances thereto, or to the company's own construction program
(
$0.72
tax
President, attributed the decline in
converting production lines and equipment in
Securities
Proceeds
of
*$407,037
1,947.000
Robinson,
the cost of
^
'
-
$2,044,936
1,947,700
1,947,700
$0.24
including
D.
plant
13,548,182
1,066,636
13,283,504
*139,639
*163,459
761,521
'
•
718,654
.
2525.
p.
Y":
share
per
"Loss
,
liabilities* and
capital
of
Earned
Power & Light Co.'s electric facilities into, the facilities
City Electric Co., after denying the
latter- company's
request for FPC dismissal of the merger application for
want of Jurisdiction.
*
">
Under
a
merger
agreement
between the
two companies, Atlantic *
City will issue $420,000 in capital stofck consisting of 2,000 sfaaTes
($100 par) 4% cumulative preferred stock and 22,000 shares ($10 par) };■
common
stock in exchange for South Jersey's presently outstanding
capital stock.
In addition, Atlantic City will assume South Jersey's
liabilities, including $400,000 first and refunding
mortgage
bonds,
Jersey
alternate
current
2427.
Quarter End, Mar. 31—
Net profit
Atlantic
of
that
West
100
has
company
to accept
ster
,
Briggs Manufacturing Co. (& Subs.)— Earnings-
of
merger
a
the
Central
of
"V
v
notified
on July 6,
.;7-'--' ' -• Y V
purchased $33,000 principal amount
recent purchase being at 84 (or $840 per $1,000
- Y- Y77-Y
7;. Y"':>
the
1
With SEC—77
On
South Jersey Power & Light Co.—
The
-
7
..
purchase of this com¬
bonds.
been
or
such
„
$6,000,000 compared with $8,000,000 as of Nov. 12, 1948, the
our last
quarterly report to you.
I.. 77-. ,YY"
April 26, 1949, the directors elected Mr. Liles President to succeed
R. Hosken Damon, who was re-elected Chairman of the Board.—V.
168,
578,152
162,881
Atlantic City Electric Co.—FPC Authorizes Merger of
t
<
by operating losses sustained during that
date
railway
bonds,
The
•
>
income
have
1106.
■,
Jan.
bond).
R.
6%
bonds
tenders at its office,
*
of
mately
From Jan. 1—
Gross
occupy
period and by payments
The company, June 29, filed
on the Federal income tax
a'registration statement with the BEG
assessment, which the company is contesting. '
proposing
the
public
sale
of : 132,874
There are no bank loans, and cash at March 31, 1949 amounted to
shares
of
common
stock
.($3.50 par).'
$1,139,211 compared with $1,395,820 at Dec. 31, 1948.
•>^>7
Y;: /77/ 7','7
.7
-r.
The public offering .price and
Including approximately
underwriting terms are to be supplied
$1,300,000
in
government
contracts,
the
by amendment. Paine, Webber, Jackson .& Curtis and Stone & Web¬
backlog of unshipped business as of the date of this report is approxi-
v;7r>7o
1949
$132,970
from
these
Del., for the purchase of said bonds,
1949.*
;
:;"':y77:Y 7
7
Since
the directors have taken no action on the regular quarterly
June 1, 1949 on the preferred stock."
; Y
V /
.• > >•.
working' capital ratio at March 31, 1949 was $3.51 to 1.
The
amount of working capital at that date was $8,589,607, a reduction of
$505,331 during the first quarter.
The reduction is primarily accounted
.
Atlanta & St. Andrews Bay Ry.—Earnings—
May-
,
The
for
Gross
mortgage
of
sealed
99,
many
dividend due
receive
t
ditiops,
Goode
McLaren,
San Francisco, Calif., has been elected a director of this road.
also a director of the Pacific Telephone & Telegraph Co.
will
p.
.
The directors have appropriated funds for the
will
several
to
subsidiary.
<v/'.
.*
Liles, President, further announced that "the seasonal upturn
of the company's lines, which is usually experienced at this
time of the year, has not materialized to date.
In view of these conM.
in
Atchison, Tbpeka & Santa Fe Ry.—New Director—
N.
& Co., of
'
Corp.—Offers to Purchase
Bonds Through Tender—
Canadian
:7y7,y77<
-j.y
Power
r
other,, divisions eliminated the tax liability, except for
portion applicable to a Canadian subsidiary,
tOn the income of a
the
$1.25
_
■
,
_
Mountain
*
however, subsequently it was determined
practicable to file consolidated income tax return, with the result
be
companies
anniversary of its founding.—V. 169,
$108,250
respect
with
affiliated
50th
*153,674
—
.
and
the
Carolina
.
^
divisions operating at a profit,
$83,392
$1.64
———
Earnings per 1st preferred
—V. 169, p. 2310.
3,943,339
floors
Cr49,721
121,575
——
due
inc.
on
,1,348,575
.,
milk,
nine
3,749,213
1,108,763
99,824
expense—
evaporated
observes
$5,273,387
3,090,817
—'
—
1948
*.
of
the
that tnc losses of
Balance
129,34O,4>)0
,
.
of
pany's general
$245,396
'* 147,279
14,725
134,296
and expense
discount
Other
Est.
$273,045
27,649
$256,024
——
_
debentures-————
on
:
of the building as headquarters for 176
oper¬
ating plants and 65 sales offices throughout the world. Formal dedi¬
cation
of the
building is planned for Aug. 30 when Carnation Co.
.
,$4,034,284
-
sales—
-
1949
,
sales
Estimated
1949
$286,190
30,166
Quarters Ended March 31—
and
'
_______
Merges Steamship Interests—
corporation's
the
(& Subs.)—Earnings, Etc.—
Administrative, sales and service
Dividends
$
Working expenses
2747.
Bowser, Inc.
2222.
p.
$
Gross earnings
seven
registration
statement
{No.
7756)
which
became effective
Dec. 30 last was withdrawn May 10.
The statement covered 100,000
6%
cumulative preferred stock (par $10)
and 300 common shares
The
168,
t
1949—5 Mos.—1943
$
J
•
2525.
p.
$
I
.'
*
1949—Month—1948
„
RR,—$arnings-
.
'
Ry.—Earnings—
May 31—
Pesco
This
company
and Clarke Steamship Co. have merged their, la*
Products Division
have been' announced as
the division pushes, its
terests to bring fast freight service from the United
new production plant and research laboratory
States and
in northeastern Bedford
pros?;*
Canada points to Canada's newest
Township near Cleveland, Ohio, toward completion.
province, Newfoundland,- accordF;#
to Desmond A. Clarke, of
The naming of John A. Lauck as Vice-President topped a list of
Montreal, President of the shipping company.
Main feature of
the new service
new
will
be that United States and
appointments given out by R. J. Minshall, President of Pesco.
Canada freight from CPR will be
Mr!" Lauck, who has been chief engineer of Pesco's pump division
put aboard ships at Montreal for
direct shipment to Corner Brook and St.
for the last four years, will assume his new post immediately.
John's every 10 days. Pro¬
v
vision has also been made for
Operations in the Pesco Division's new $2,650,000 one-story brlckpassenger accommodation aboard &U
ships.—V. 169, p. 2415.
and-steel plant—to
manufacture high precision aircraft parts—are
expected to begin before next fall.
A separate laboratory building,
Carnation Co.—Sells, Then Leases
designed for the testing of aircraft fuels, was expected to be reauy
Building—
,
for occupancy before July.
Transfer of title to the
company's new nine-story building in
Pesco's
entire
manufacturing
and
research
equipment
is to be
Angeles, Calif, to the New York Life Insurance Co. was
completed cn
moved
from
the company's present location
at
11610 Euclid Ave.,
June 24 under a purchase-and-lease
agreement announced last year
Cleveland, to the new 35-acre site in Bedford Township.
General
by the two companies. Concurrently, the property was leased) to Car*
expansion in the aircraft and other manufacturing fields dictated the
nation Co. for a term cf
yeras on a net rental basis.
need for an efficient new
production plant, company officials said.
Carnation Co., manufacturer of food
products and leading mantx*
—V.
2746.
p.
2415.
p.
Period End.
Borg-Warner Corp.—New Pesco Plant Soon Ready—
$8,538,243 $12,639,977
52,921,846 49,015,815
$2,831,246
734,026
$2,278,783
"490,557
-Canadian Pacific
3x/8%
A
*
Monday, July 4, 1949
Net
Additions
income.L
Net. oper.
Gross
L_
_
CHRONICLE
series
first .mortgage,
$1,250,000
provements.—V. 169,
$18,686,^84 $19,096,831 $73,599,881 $76,687,079
13,802,622 13,361,653 55,811,861
52,395,849
2,604,879
2,903,932
9,249,777 11,651,253
_
~L
Operating expenses
Operating taxes
$18,775,127 $19,168,796 $73,954,974 $76,950,961
88,843
71,965
355,093
263,882
__r_
reV._
oper.
York,
FINANCIAL
&
bonds, due May 1, 1979. Of the proceeds $850,000 went
to pay off ,$850,000 first 3xAs, due 1956, and the balance
will be used to repay a bank loan and for property im¬
1949—4 Mos.—1948
1949—Month—1948
April 30—
New
Co.—Earnings— I
American Telephone & Telegraph
Period End.
Net
COMMERCIAL
THE
(2)
*
^
'
-
Bell Aircraft
First
See
York
Corp.—56,000 Shares Tendered-
Cor
V.
taxes—,—
Federal
Income
tax
1949
Central Illinois Public Service Co.
.
-
2,769,916
—
at
and
accrued'interest
will -be
-payment
of
called
tor
redemption
Sept.
on
all
next,
1,
■.
and
100
and
has
outstanding first mortgage 4% series A bonds due March 1,
first mortgage income series B bonds due March
1, 1957,
1952,
tCr7,400,Q00
Cr2,307,732
...
Cr316,247
______
corporation
of .its
1946
$3,843,625-1$10,577,481
1,271,439
"150,369
...
reserves..
The
"
1947
$6,951,862
3,850,783
adjustmerit
Earnings—
1948
$8,994,182
..
income taxes..
Contingency
2525.
(& Subs.)
6 Mos. End. Mar. 31—*
before
p.
Broadway-Cooper Corp., Camden, N. J.—Bonds Called
Bendix Aviation
Net
169,
Market
said
made
Street,
bonds.—V.
at
the
at
Camden,
157,
the
Camden
N;
J.,
4 '/c
per
Trust
;
.
and
•On
profits of wholly owned subsidiary.
credits.
fLoss.
Consolidated
three
year.
Federal
months
fiscal
2,117,453
640,
ended
These
shares
after
income
all
31,
1949—the
stock
.Ernest
including
amounted
equivalent
to
$2,040,773' for
second
to' 96
outstanding,
provision
cents
share
with
compare
of
of
quarter
a
share for the similar 1948 quarter.—V. 169,
a
the
the
on
one
;
*
;
.
:
'
the
Benguet Consolidated
"
Trading in the capital
York
Stock
Exchange
on
Mining Co.
of
June
(P.-1.)
company, started on the
The National City Bank of
On June
21
letter
a
of
notification
was
filed with
4,300
shares (no par) common stock, to be sold for
Webster, Montreal, Quebec, Canada, at $11
writer, Gordon Weeks & Co., Memphis, Tenn.—V. 168,
R. Howard
Bessemer & Lake Erie
May—
Gross
Bonds
—V.
Net
Net
24.
Under¬
1948
Gross
ry.
railway
railway..
income...
oper,
1947 "
1946
V
1,703,303
1,564,125
1,112,800
1,053,090
51,474
•Deficit.—V.
169,
p.
8,998,094
2,417,969
*
1,853,612
8,002,633
2,226,975
2,072,702
$2,771,-831
Gross
Net
2747.
p.
7,284,561
3,147,020
2,325,556
2,244,618
"1.287,210
•345,511
be
Chemical
—V.
151,
in
Bank
p.
to
property
&
repay
Trust
2037.
Co.,
from
trustee
of
the
y
'■
I'■..
i.
p
,
■
.
'i'
y
sales
''S
■
Y
„.
*
"
:
,
.
1947
~.
$127,944
"17,820
69,749
ore
i
536,095
*197,352
105,917
66,458
317,808
,1946
.
$2,304
11,212
33,546
*35,256
,
Less:
;
Estimated
Capital
112,241
net
-
;
"Deficit.—V.
197,621
,
3,884,515
824,845
1946
$577,513
7 *12,84»
51,855
4,274,000
463,220
169, p.
7
.
607,162
*113,771
'*" *■'':
*2,395
income—
oper.
266,332*
"
3,092,51,9
»26,40ft
,
81,454
*535,191
2416.
Steel Corp.
Century
■
.
-
The
withdrawn
Sept.
statement
June
(No.
shares
filed
7305)
of
last.
21
1948.—V. 168,
24,
Registration Statement With*
7- •7,
■»
registration
1947, and covering 4,000
was
class
The
B
1691.
p.
the
with
SEC
1%
May
stock (par $103>
became
effective
common
registration
-7.;. 7"";7'7:;7''' Y;; Y'-.C.v''
,
$52,784
secur.__
$295^055
before
I
Inc., Chicago, at $2.50 a
purchase, Yantis holdings amounted
Prior to this
shares.
Subject
market
t
later
of
to
this
the
issue
board
shares
at
offer
the
at
to
cost
$2.50
a
other
S.
also
Chase
&
.
Co., Inc., sometime
their fro rata share
' .
authorized
employees covering
share.
The options will
and
599.
p.
Yantis
stockholders
price.
of
directors
of
officers
to
•
conditions,- F.
will
year
new
The
options
—V., 169,
.273,567
'
the
-
the
issuance
purchase
good
be
Y y. y
,
of
=
of
47,0(11
two
for
years*
'
7
■
1,001
505
$21,984
19,449
40i;423
allowance for depreciation.
SEC
The
$22,489
2,250
Chicago Corp.—No Longer Investment Company—
■
$21,438
375
,
write-offs
stock to F. S. Yantis & Co.,
mon
$295,055 '
.
$50,909
taxes
Chase Candy Co.—Sells Common Shares to F. S. Yan*»
tis & Co.—The company has sold 200,000 shares of com¬
2,654
25,473
profit
above figures do not include
—V. 169, P. 1776.
313,650
$788,907
149,253
3,953,000
railway
railway—
from
ry.
7
81942
"
$325,100
-
expenditures
NOTE—The
1947
117,220
11,988
-'■' 7-'Y
from
Net
$297 709
2,903
$350,573
& profit on sale of
profit
•
to 260,000
-
$32s!o03
297,789
for
1948
$977,000
income
oper.
Net
17,080
188,556
$53,159
Provision
from
ry.
railway__
railway.
From Jan. 1— t'
-
194$
1949
*
assistance
rev.
re¬
boc-k3
_
1949
$801,000
1
from
share.
(gross)
operating
Gross
Gross
445,739 1
•;
11,391
Y
___L____
Estimated
subscription
The
Central Vermont Ry. Inc.— -Earnings—
May—
Net
*75 415'
184,184
,
Operating costs
Non-operating
share.
per
shortly after SEC clearance of the offering. For further
details of offering, underwriters' participation,
etc., see V. 169, p. 2633.
Net
-i
and 2526.
:__
cost
of the subscription
offering June 27 of the
closed
were
2748.;
687,141
charges
Total
public
'-"
milled
production
the expiration
proceeds
p.
$149,237 :
46,053
693,327
'
p. 2415
prior to
underwriting group made a
maining 211,149 shares at $14.59
drawn—
1948
'14,366
income—_
169,
acquired a total of 305,821 shares of
shares were delivered on account of the.
65,074
made
The
-
RR.—Earnings$144,598
income—
the
169,
per
warrants.
.
use
$14,125
at
underwriters
which
1949 and mature June 1, 19-72.
Company will
,
railway____
railway
oper.
Estimated
.
issue.
Bristol County <R. I.) Water Co.—Sale of
Bonds—The
company recently sold to the Mutual Life Insurance
Co.,
V,"
Total
Is
the
as
f
Bonds
1949
Balance
banl$ loans and the balance'
York,
Y;„Y
Y,;
Canadian Malartic Gold Mines
Ltd.—Earnings—
Tons
etc.
New
Hopkins, however continues
■
subscription
.
.
railway
oper.
ry.
Metal
$250,000
succeed
Insurance .Co. of New York and
Life Insurance Co. each bought
Quarters Ended March 31—
being sold for their account.—
additions,
,
•Deficit.—V.
-j
used
were
used
Life
Mutual
from
Net
Birmingham Water Works Co.—Bonds Placed Private¬
ly—The company on May 18 last sold privately to six
insurance companies
$1,525,000 first mortgage 3x/8%
bonds, series B, due April 1, 1979.
Proceeds
Mutual
From Jan. 1—
Gross
Marketing
will
Howard
V
from- Tailway___
Net
are
R.
to
2634.
,,
from
Net Ty.
Bigham-Herbrand Corp. — Offering—Wm. J. Mericka
& Co., Cleveland, are,,offering
10,000 common shares (par
$1) at $9.50 per share. The shares are owned by Wm.
V. 169,
The
May—
2525.
J. Mericka & Co. and
dated June 1,
p.
Cambria & Indiana
$907,812
"35,654
v.
—
$250,000 of the issue.
$3,065,308
from
from
Net
Mr.
■
that
director
a
to finance its construction program.—V.
From Jan. 1—
Net
are
169,
Northwestern
'
1686.
$3,015,731
1,529,770
income
oper.
p.
about
980,495
_
frotn,-railway
ry.
for
$12.
resigned.
announced
elected
was
California Water & Telephone Co.—Bonds Placed Pri¬
vately—The company has sold privately $500,000 3*%%
first mortgage bonds due in
1979, it was announced June
:
benefit1 of
the
or
Hopkins,
Calgary Power Ltd.
New
RR.—Earnings—
1949
(rom railway
^
the SEC
June *26
three voting trustees of the
company.
Webster is also a director of The
New
registrar for the 12,000,000 shares, with a par
peso each, outstanding.—V. 169, p. 1330.
*
Berry Motors, Inc., Corinth, Miss.—Filing—
Martin
on
Canada,
Sold—Royal Securities;
Corp. Ltd., on June 25 announced the sale of $6,000,000
first mortgage bonds 3%% series at 100.39 and interest.'
York has been appointed
values of one
President
Montreal,
/'
\
this
27.
of
1443.
.p.
On Big
—
Coburn,
y
Imperial Trust Co., of Mon¬
treal; Eversharp, Inc.,- of Chicago;
Holt, Renfrew & Co., Ltd., of
Montreal, and Southwest Lumber Mills, Inc., of
McNary, Arizona,
among others:—V. 169, p. 902.
'
$1,957,- 1
-v:
-
stock
Berlin, N. H.—New Director Elected—
of the
Mr.
r
Board—
G.
Webster
.
charges
taxes
March
earnings,
of. common
92 cents
or
income
net
for
F.
t Refund due to carry-back ;
■
.
$1,673,557
Nil
-:.'v
.
Brown Co.,
for
by The First Bos¬
expiration of the
'
subscription warrants on June 23, the underwriters sub¬
scribed for 29,598 shares through exercise of
"
rights pur¬
chased by them and sold 94,672 shares to dealers.
Thus,
Net
profit—$5,143,399
$4,181,946
$2,888,433
*$1,020,118 ■■£
Earnings per share—, ■ $2.43 $1.97 $1.36
stockholders
common
share. The offering was underwritten
Broadway
surrender 7 ton
Corp. and associates. Prior to the
trustee,
Co.,
;
Immediate
annum.
presentation
upon
1646.
p.
of
rate
—
Common Shares
Offered —Represents Unsubscribed Portion — Common
stockholders subscribed for 169,777 shares of the 446,000
shares of common stock offered by the
company to the
the
June
corporation
30
from
Commission
The
announced
the
found
issuance ' of
the
Investment
that
the
order
an
exempting
Company Act.
company
"is
at
the
present
time,
primarily erigaged in the oil and gas business and that it has ceased
to be and is not now an investment company within the meaning of
Section
its
be
3
(a )
of
registration
in
the ^ct."
as
effect."—V.
an
169,
Accordingly, the Commission ordered thai
company "shall cease forthwith tH
investment
p.
\
2416.
■
.
■
.
.
,
THE
Number 4817
Volume 170
COMMERCIAL & FINANCIAL CHRONICLE
,
.
LThe ICCori June 22
liabil.ty in respect- of not exceeding 1 $1,800,OOq- equipment-trust
Certificates, series G, to be issued by the- City National Bank & Trust
and
CO.
chemical transfer method which eliminates grinding in the preparation
Of pigmented pastes. A total of Six. U. S. patents have so far been
issued as a result of this work, the report reveals. Other outstanding
of
Chicago and sold at-93.034 and accrued dividends in connection
with toe?" procurement of certain equipment.^-V. 169, p. 2416.
1 u
May— "'
...
Net
'
from
1949
-railway
from
Gross
•
Net ry. oper.
incomel—
1947
1948-
-
$770,120
283,898
156,735
railway——
1946
.
161,426
,
:
$322,578
29,543
>5,181
$744,836
295,257
$909,433
460,379
249,154
.
-
1st
from
Gross
Net ry. oper.
income—
♦Deficit.—V.
169,
3,438,465
1,170,055
637,103
3,694,464
1,255,267
676,709
railway
Net from railway-—
1,910,612
265,323
110,131
3,280,458
1,098,458
593,878
licensing,.
fields
patent
specialized
*'Chicago;- Pump Co.—Files With SEC—
Commonwealth & Southern
:.'<
;v
.
June 20 filed a letter of notification with the SEC
for 29,000 shares of 70-cent cumulative preferred stock, to be offered
at $10 per share.
Underwriter^ Straus and Blosser, Chicago. Proceeds
will he used to retire ah interim loan of $250,000.
The company on
^
.
1949
'
■
Net
1948
nT-
;
oper;. income
660,246
•
January 1—
'
Gross from railway.— T5,953.415
16,385,131
Net fro.-t railway....L_
5)265,722
5,727,648
Net Ty. oper; .Income--.'
*2,32{>,278
3,353,457
—V. 169, p. 2416. "V V'tf..
! V ■ ■':
*■ *
..
;■
•
'
Quarter Ended Marfch 31—
qre..milled-^.. ll——.—
income f rom rriecais-proauced—
Development^ aiid' operating costs.—
v
1948
35,935
28,260
$312,212
.Net
'
14,230,068.. 11,405,324
4,613,847
2,359,172
2,503,833
1,296,941
2j
;^
'■ v'
;v-
1 ■ ;■
;
•
——
.'
Total profit
Provision; for: taxes—
>
*
$229,865
Profit before write-offs——
....
$46,564
$15,865
in. excess,
,
.
Of
shares
of class
pill.be used
small
a
one
class B ) stock
of
for
$29.75
\, *After
unit,
per
-
.
the above figures
preciation.—V. 169,' p. 1777.
Citizens
•••
Water Co. pi Washington, Pa.
.
$49,683
C, due April 1, 1974 and 6,000
cumulative preferred stock (par $100).
t
-
made
:4 ''■
for
'•'J
?
shares of .4%% \
'
•
The
served
area
miles
square
with
has
and
served
area
with
electricity
estimated
an
contains
population
contains
of. the
several
shares
of
names
of
percentages
to
purchase
are
the
underwriters and the
new
common
stock
follows:
as
not
warrants which they have severally>'
r'
Percentage*
The First Boston Corp...— 35.0%
'"
■
gas
~
'
de¬
The company
on
June 29 announced that local distribution of elec¬
tricity for the week ended June 26, 1949 amounted to 205,600,000 kwh.,
compared with 196,800,000 kwh. for the corresponding week of last
year, an increase of 4.5% .
- ('v
i.
••
-i
Local distribution of gas in the same week amounted to 740,500,000
Placed Privately — The company has placed privately
with insurance companies $500,000 first mortgage bonds;
series
n
2,285
subscribed for by the holders of
$16,116
agreed
allowance has been
859,000.
1,450,000; the
about
UNDERWRITERS—The
879
.
Alex. Brown* & Sons—-
Reroentage
Stein
8.0
Bros.
& Boyce
4.0
Lee Higginson Corp.__—__
2.0
cubic
feet, compared with 804,400,000 cubic - feet in the same week
the preceding, year, a decrease of 7.9%.
Gas consumption depend^
of
'
8.0
Estabrook &
White, Weld & Co.parriman Ripley &• Co.,
Consolidated EdisOn Co. of New York, Inc.—Outptit—
.
«
Securities
—
no
^
,
John C. Legg & Co.——...
loan
•
•
adding $21,600 estimated cost assistance,
NOTEr-In
Emory S. Warren & Co., Washington, D. C.
Proceeds"
for general, corporate-purposes, including establishment :
office in Mt. Rainier, Md.—V. 169, p. 2640..
/.
: ?
Underwriter,
of
and
A
time.
one
approximately
251 square miles and has an estimated population of about
1,250,000.;
$16,995
$65,883
16,000
of
approximately
Crl,13t
.
two
any
222,921 Shs68,928 shs:
1,536,822 Shs;
•'
214,000
respective,
The company on June 22 filed a letter of notification with the SEC.
for 2,806 shares of class A common stock ($12.50 par)
and 1,400
shares (25c. par)
class B common stock
to be offered in units of
222,921 shs.
68,928 ShS.
2,000,000 ShS.
,
of. the Company includes:
sale of gas and electrical appli¬
and
allied merchandise;
production and sale of steam; and,through £ "wholly owned subsidiary, Maryland" Counties Gas Co.,
purchase and sale of natural gas in a limited area in Maryland.
>
The company is now furnishing, without competition from any ether
public. utility, - electricity- end gas .in
the City of Baltimore
and
adjacent territory.
The population of Baltimore is. estimated to be
:
1,399'
BrlO,641
;
$54,564
8,000
—-
(no jpar)—_i.
.
ances
1947
'
Crl,378
stock
'
"$100,000,600'outstanding at
•■
'
Citizens Credit Corp., Washington, D. C.—Files—
'sale of Securities
.f
on
208,151 shs.
-
_Lj_—jz—
7,670,100
BUSINESS—Company, Incorporated in Maryland June 20, 1906, Is
primarily engaged in the business of purchasing, producing and
selling ^electricity and artificial gas within the State of Maryland
where all of. its. properties are located.
Company and its predecessor^
have been engaged in the production and sale of gas since
1817,'
and in
the
production and sale of electricity since
1881.
Other
$76,525 >
:
$53,186
Operating .profit
Non-operating revenue and loss
——
2,331,000
Closed
1962—
*.
29,310
$307,924
259,026
a
4,A%
B
Common
>;
,
.
debentures,
business
1949
\
conv.
-Series- G
Corp.—Weekly Output—s
Tons
"
Prom
"■
"
$3,024,186
$2,216,980
1,128,523
470,670
627,057-'
258;381
755,504
^.
.
14,233,000
Closed
'
Coniaurum Mines, Ltd.—Earnings—
1946
1947
.
railway—
$3,256,895 $3,476,468
railway^—1,-08,054.;a 1,194,462
from
Net
^Series
The .weekly-kilowatt hour output of electric, energy ;<of subsidiaries
this- Corporation, adjusted to show general business conditions of
territory .served for ,the week ended. June 23, 1949, amounted, to
310,-286,371 as compared with 307,259,563 for the corresponding - week
in 1948,,an increase,oi 3,02o,a08 or
.Jb9, p, 2,749.1
;
Cincinnati New Orleans & Texas Pacific Ry.—Earnings
May—'
.
44,660,000
Baltimore.C.ity
Preferred stock, cumulative ($100 par):
Series A 5%
——,—
of
.
Gross- fram
,i
4
12,000,000
4%%,.1954--—,———1
general
15-year 2
cooperative, promotion
and
research in
several
also discussed;
Thirteen new patents issued".to
1948 are reported.—V; 167, p. 2255.
.-v
$5,793,000
~
-
are
\\ v"~.
'■
1969__—1
1, 1976.
Series R 2%%, d(ie April 1, 1981—^1
Series S 3%, -due March 1, 1978——]
Commonwealth subsidiaries: in
't
Outstanding
mtge. sink, fund bonds;
Consolidated Gas Co. of
industry^. The Operations: of six subsidiary companies which'carry on
2526'.
p.
Authorized
*
refunding
Series P 3%-, due June 1,
Series Q 2%%, due Jan.
v
.
;' Prom Jan. 1—,. •'.'' f ■■ *
CAPITALIZATION GIVING EFFECT TO THIS FINANCING
:
laboratory accomplishments were the development of "dry" metal
plating by means of gaseous metal carbpnyl?;.; the .concentration of
fruit juices,
beverages and pharmaceuticals by a highly efficient
freeze process;: the production; of 'low-cost, flame-proof-sponge rubber
according to a new. process, and other product and process develop-*"
ments in chemical, mechanical; hyaraulic, and electrical engineerings
i Other .Conimonwealth activities collateral to applied research Are,
reviewed. .Special, programs of group research are discussed, as is the
supervision and: management oi groups of patents licensed broadly in
Chicago & Illinois Midland Ry.—Earnings—
3
provided by presently available "funds, accruals to reserves and the
proceeds of the new common stock and the balance will be provided*
principally from- the sale of bonds and stock, of other securities iri
1950 and subsequent years.
:
Eastern Illinois RR.—Equipltt^htl^USt 'Ctfsr ' hi the ifepbft JaS typical of the organization's'"activities,'' arid are re-*
viewed r in detail -in, the form of case histories. These '.include the first
authorized the company to assume obligationannouncement to be made on Jthe Kol Dispersion Process, a continuous
Chicago
(3)
8.0
Robert Garrett & Sons-
1.0
Mead, Miller & Co.—
1.0
;.
Inc...___——-
r.
:
,
8.0
Spencer Trask & Co
1,0
1.0
—
G. H. Walker & Co^
Baumgartner, Downing &
CO„.
.
Fenner "& Beane—
1.0
Minsch, Monell & Co.
.
Blyth As Co.,. Inc.——_
8.0
..Baker; Watts & Co.—4.0
W. C. Langley & Co——_
" 4.0
Jderrill Lynch,
* Pierce,
'
Co
—
0.0
—
C. T. Williams & Co., Inc.
4.0
0,5
*
•
Of
the
approximately $600,000 will be used to retire on
dividend the outstanding ,7% preferred stock and
the balance will go to reduce bank loans and reimburse treasury for
expenditures due to company's expansion program.—V. 152, p. 1587.
July
1
proceeds
105
at
v
and
Climax Molybdenum Co.—New
President^ Etc.-
j
,
r**Mr.
Sales
1
Carbide
Corp.—V.
169,
2101.
p.
Clinton Industries, Inc. {&
"-
Quarters Ended March 31—
Net profit
__
of shares
Number
tEarnings
income
1949
benefit
law.
t After
pt
carry-back
charges and
Operating revenues
.
-■
;
1947 ^
"$316,870 *$1,397,598
V 750,845
744,915
*,
Nil
'
$1.88
1948
j
*
1948,
and
June
24—V.
200,000
covering
168,
'•
'
r
share
•'
-7V-'
offering represented the unsubscribed portion of 21,429 shares
by cGmpany to holders of its common stock at $23.25 per
the
at
'June
10,
&
V.
also
The
to
169,
p.
group
First
Bosworth,
Co.;
share
one
The
1949.
addition
of
rate
each
for
IVz
shares
held
of
record"
the offering comprised in
Corp., Dean Witter & Co.; Boettcher.
Co. and Woodcock, Hess & Co.
See
underwriting
Boston
Sullivan
2640.
&
Net
ry.
:
1948
1947
1946
$230,132
$165,371
$100,558
60,018
105,831
71,687
23,013
25,832
railway
■J.- 52,284
35,196
railway
income—..
oper.
Other
••
;
9,718
From Jan. 1—
Net
from
Net
ry.
—V.
786.298
433,221
484,124
257,152
322,338
105,670
151,899
85,050
income—
oper.
169,
1,097,826
471,623
233,143
railway.—
railway
2527.
P.
Columbia Gas System, Inc.—Registers Debentures—
r
The
June 30 filed a registration statement with the SEC
proposed public offering of debentures.
The financing
of 25-year debentures due Aug.
1, 1974 to be
company
covering
its
involves
$13,000,000
Offered for
final
sale
step' in
competitive bidding. Sale of the debentures is the
company's plan for financing the 1949 construction
at
the
To Make Cash
SEC
The
Gas System.
of the Columbia
program
June
27
Capital Contribution to Subsidiary—
announced the
issuance
of
an
order
authorizing
make a $3,400,000 cash capital contribution to United
and-te-purchase $3,000,000 3J/j% installment promissory
Proceeds obtained by United through the cash con¬
and the sale of the notes would be used by it for con¬
the company to
Fuel Gas Co.,
•notes
of United.
tribution
struction
t'
purposes.
Hearing
;
^
-'..V'
y ■■
>.
Proposed Debenture Issue—
on
,
'
r.
'■/;
,
interested person* until July 15 to request a
of Columbia to issue and sell $13,000,000
of debentures due August,
1974, at competitive bidding.
Such sale
is the final step in the company's plan for financing the 1649 con-,
struction program of the Columbia Gas system.—V. 169, p. 2749.
*
,
The
SEC
hearing
-
has
upon
f
given
the proposal
Engineering
Commonwealth
Report—
More
■
Co.,
Dayton,
O.—Issues
'
"
than 400
1■
manufacturers were served in
1948 by this company,
according to the annual report made public on June 24.. This was
the company's 12th year of operation as a privately financed research
'
^Nine*
-ine
developments to
Commercial
commercial
American
*OTE:
Union,
On
and
ana
come
Financial
financial
$35.00
account
out of
of
per
the laboratories are highlighted
Chronicle
ourvuuw
year;
(Reg.
U. w.
y.. S.
Patent Office)
v
/
in Dominion of Canada,
the fluctuations In the rates
—
$4,409,903
1,002,406
271,223
$4,205,938
1,014,539
54,648
18,604
$3,352,855
$3,172,855
——
Consolidated Gas, Electric Light & Power Co. of Baittimore
Common Shares Offered — The "First Boston
The
r.Pf.——-
income^—
169,
concession to NASD members has been
holders of record June 2 in
■
Rights
Grocers Corp.—Note Placed Privately—
corporation has sold privately to an institutional
added to working capital.—V. 169, p. 2312.
Consolidated Textile Co., Inc.—Earnings—
ex¬
is
,
now
estimated
that
the
construction
of
new
1953,,
$100,000,000 for the five-year period, 1949 to 1953,
APProxtamtely $75,000,000 of these estimated expenditures
are for
electric facilities, approximately $18,000,000 for gas facilities,
and about $8,000,000 for steam heating plant and for facilities used
in common in all. operations.
About
one-third
of the
company's
total
estimated construction;
expenditures is for additional steam electric generating units totaling
216,000 kilowatts of capacity.
Work was started in 1948 on. a new.
66,000 kilowatt electric generating unit at Westport, which is sched¬
uled for completion in 1950, and will increase the rated capacity of
this plant to 313,500 kilowatts.
Ultimately, this unit is expected to
replace certain of the existing generating equipment.
An order was
'
tie latter part
8laced in 1948 of 1951, as the fourth generator the be installed, by
for a 75,000 kilowatt unit of to Riverside plant,
increase
the
rated
plant to 255,000 kilo¬
also
include
nearly
$13,500,000 for
new
substations and increases in
the capacity o£
existing substations, and about $27,000,000 for transmission and dis¬
tribution lines, and other electric properties.
Estimated expenditures
for gao facilities are chiefly lor extensions to the distribution system,
but include new
generating equipment, scheduled for completion in
the latter part of 1249, which will
increase the company's present
gas generating capacity by 12,000 MCF per day of 500 Btu equivalent
gas.
Such new equipment can be utilized without change for making
high-Btu gas to meet peak loads if natural gas is obtained and
existing 500 Btu generating equipment will be converted to high Btuproduction for this purpose.
The other estimated expenditures are
expected to be made chiefly for additional office, shop, and storage
estimated
capacity
electric
of
this
expenditures*
facilities, and for transportation equipment.
f t
;
At Dec,. 31, 1S48, over a third of the above estimated expenditures
had been authorized by the company's, management or
board of
directors,
items
of
amounts
and because of long periods required for deliveries on many
equipment the company has placed orders in substantialinsure '^delivery as required.
The foregoing estimates -of
'to
capital expenditures may be affected by changes in the company's
plans or by possible fluctuations in the costs of materials and labor,.
PURPOSE—The net proceeds from the sale of the new common
stock will be added to the general funds of the company and will
be
available
construction
half
of
William
the
_
$38.00 per year.
for general corporate purposes, including the proposed
expenditures.
It is estimated that approximately onefunds required for this construction program will be
B. Dana
603,102
50''102
$0.81
$3.95
$4.10
Cooper-Bessemer Corp.—Transfers $2,634,360 to Capi¬
and Capital Surplus Accounts—
.
Accompanying.the certificates for the.50% stock dividend including
scrip certificate in place of any fractional share mailed on June 24
a
to common
shareholders of record June 9, 1949, was a letter to com¬
which stated in part:
recent years substantial profits have been retained in the
business because of increased requirements for working
capital, plant
mon
(
'
stockholders
During
and
machinery.
sulted
net
in
worth
the
Retained
increase
profits
from
and'reserves
on
over
$10.66
the
the
last
to $42.30
company's
a
nine
-
have re¬
share in the
years
common
books.
.
The increase in net worth was reflected
by an increase in the earned
surplus of the corporation. The stock dividend will capitalize a portion
of the stockholders' equity by a transfer of
$20 for each share issued
as the stock dividend. or a total of
$2,634,360, from the earned surplus
account to the capital stock and capital surplus accounts.
The net,
profit of the corporation for the year 1948 alone exceeded the amount
transferred by the payment of the stock dividend, plus all cash divi¬
dends declared during 1948.
'
■
'
The
scrip certificates do not entitle the holder to any shares unless I
with other scrip certificates to aggregate one or more full
combined
shares and surrendered before 3 p.m.
(N. Y. City Time) June 29, 1951,
City Bank Farmers Trust Co., 22 William Street, New York 15, N. Y.f
scrip agent. Scrip certificates will become null and void If not
surrendered before 3 p.m.
(N. Y. City Time). June 30, 1955.—V. 169,
p. 2749.,
to
the
.
Cooperative Grange League Federation Exchange, Inc.,
Ithaca, N. Y.—Registers Common With SEC—
'
The
SEC
company on June 29 filed a registration statement with
covering 1,200,000 shares of its common stock ($5 par),
The
stock
is to be offered
of
is to be made to the purchasers.
of the sale of the new shares will be added to working*
will be used for general corporate purposes, principally
to reduce current obligations to Cooperative G.L.F.
Holding Corp.,
from which all its borrowings are made.
.These borrowings amounted
rescission
Net proceeds
capital
to
and
approximately $12,693,000
The; registrant
on
May
31,
is the parent cooperative
1949.
of the
G.L.F,
system
Company/Publishers, 25 Park Place, New York 8, N. Y.,. REctor 2-9570. Herbert D. Seibert, Editor and Publisher;
with
statistical
fssue
Mnnnovi
r
o,-
»n>
the
for
subscription at $5 per share by prea-'
ent members and to farmer patrons interested in
becoming member*
without the interposition of any underwriter, dealer or broker.
The
offering includes 234,840 shares sold subsequent to July 1, 1948, and
befbre the effective date of this registration, as to which an offer
Thnr«io«
Other .Countries, $42.00 per year.
foreign subscriptions and advertisements must be made Jn New York funds.
of exchange, remittance for
546,073
169, p. 1224.
tal Stock
than
The
May 28, '49 May 29, '48 May 21, '47
$441,067
$1,986,782
$2,065,603
plant
inclusive.
.
'
—^
—V.
equipment and the replacement of existing facilities may require
expenditure of approximately $22,000,000 in 1949, $26,000,000 in
will
1
Net profit after chgs. & Fed. taxesCapital shares outstanding^_^^__
Earnings per share
PROGRAM—Continuing growth in the number of
Customers served, and increasing -demands for electric, gas and steam
services require the company to make substantial expansions of its
It
*" v
"9 Months Ended—
...V,.',/:,
CONSTRUCTION
watts,
$2.26
debentures at 102%. The retirement was made with pari
of the proceeds of the new borrowing, the balance
being
oversubscribed!
l-for-6 ratio.
a
pired June 27.
which
;
after providing for preferred
investor $6,500,000 15-year 3Vi% promissory
note, S.-M*
Kennedy, President, announced June- 27. The company
also announced the redemption June 25 of $3,985,000 of
The stock represents the balance of 219,546 common
shares offered June 8 for subscription by common stock¬
more
$2.14
-
on
average shares outstanding
dividendst—V. 169. D. 2527.
Consolidated
Corp., Alex. Brown & Sons and John C. .^egg & Co.
jointly headed an investment banking group which of¬
fered publicly June 28 96,536 shares of common stock.
The stock, priced at $60.25 per share less $1 a share
or
>
2749.
p.
t
1,151,247
from
Gross
deductions
,
1350, $22,000,000 in 1951, $18,000,000 in 1952 and $13,000,000 in
1949
from
from
,
————-
stock
the
$203,044
May-
.
$3,934,775
Gross income •———^^
Interest & amortiz. of premium & exp. on bonds
$30,028,495
and
Gross
-
1
income
facilities.
..v-...
■
Colorado & Wyoming Ry.--Earnings—
Net
——i—-
—
$tock, offered at $23.25 per share ldss a concession of $1
per share to dealers, was all sold and the books closed.
The
income
Other income
Net income ddd-————-U,
♦Earnings per share of common stock
-V.
"4 Colorado Central Power Co.—Sale of Stock—Public
offering of 13,229 shares of common stock by The First
.Boston Corp. and associates was completed June 30. The
offered
Operating
43,864,393
_16,366,000
♦Based
(No. 7626) filed with the SEC Aug. 16,
shares of capital stock, was withdrawn
•* *,f>.
4^17,843
—$4,169,313
,240,596
'
Incbme ■ deductions
740.
p.
■
.2^25,108
27,375,000
1
registration statement
$20,388^)92
,2,342,898
$39,094,454
9,965,959
Gross
.
The
$19,653,086
'
Coleralne Asbestos Co., Ltd.—Registration Statement
Withdrawn—
$31,154,124 $30,766,117
4,988,727
income ~■— __:
—.———.——.$39,430,196
Non-operating income, lnci. dividends from subsidiary .com- ;
,
r
panies $187,500 —564,258
the Federal
169, p. 2526;
of
Total operating revenues
Operating expenses
peprecia,tion and amortization
>'J, Operating
,
taxes.—V.
'
5 Months Ended May 31—
1948
1948
"
Electric operating revenues—$20,830,487 $20,668,620
Gas operating revenues
9,424,804
9,122,994
Steam ..heating operating revenues-—
698,833
*
974,503
-
—.$317,725,023
158,177,213
.,32,512,221
—
CONSOLIDATED STATEMENT OF INCOME
Counties Gas Co., Wholly Owned Subsidiary)
(Includes Maryland
$267,143,321
46,055,455
4,526,247
Depreciation
Net
■>i
.-•*
*;■
"
—.—-
revenues
Taxes, other than Federal income
Federal income tax (estimated)
provisions
income
——-—d—_—!
gas-——j.——
operating
Operat.ng; expenses ixliI
Maintenance
:
.
>
'
$879,049
805,697
outstanding——
after
tax
.
share--—$1.09
per
loss
♦Net
•
c
—
-
.
Subs.)—Earnings—
; ■
•
t;V
:
,
of
Other
;;;
who was a member of the board of this company, is
alSd'a director of The Amerioan Metal Co., Ltd., and the Firth Sterling
&
temperature.
on
Sales, -ofv electricity* i—
^
fcunker,
Steel
extent
great
a
.EARNINGS STATEMENT FOR THE 12 MOS. ENDED MAY 31,-1949
...Arthur H. Bunker, Who as of June 30, 1949 designed, as a general
partner of Lehman Brothers, investment bankers, on June 27 was
elected President, succeeding Arthur D. Storke, resigned.
Mr. Storxe
also resigned .as a director.
-V.
,
*
The average temperature in the
1949 ; week under consideration was 80 degree F,, while the average
temperature in the comparable 1948 Week was 70 degree F.
v
'
to
a
nn
of
4
THE
(4)
It functions both as an operating cooperative directly
engaged in product mahuiacturing and processing, wholesale purchas¬
ing, and the marketing of commodities for its members and as a
holding cooperative owning ail of the outstanding common voting
stock of 290 member G.L.P. cooperative associations operating in local
communities
in
the
btaies
oi
New
York, Pennsylvania, and New
It is the sole owner of the common stock of Cooperative
Holding Corp., a wholly-controlled, title-holding and financing
G.L.P.
for the
Net
G.
A
registration
covering
corporation
be
for subscription
offered
at $100
the
effective
the
is
rescission
of
Net
to
drawn
tive
Grange
and
through
be added
as
a
Bient
of
two
OFFICERS
one
There
is
offered.
President
Jones,
C.
in
each
well
is
the
intended
presently
the
Jackson
the
that
is
Lease
purchase
the
of
the
corporation
as
and
the
six
total u!
a
development program
following
manner
and
bond
sale
be
wi?l
used
to
retire
outstanding
provide funds lor construction necessary to the conversion
utility's system from manufactured to natural gas.—V. 167,
the
744; -V.
166,
757.
p.
'•
?
of
accordance
rider
attached
thereto
to
stamped
Provision
the
show
of
above
Payment will be made at offices of The National City Bank
New York, N. Y„ and Havana, Cuba.—V. 169, p. 2207.
^
The
stock
tenders.
to $11
up
A
had
per share.
total
tendered
It
of
asked
The offer
$4,202,152
below
stockholders
is
tion
of
-
is
made
the
July
the
5,
first
Stockholders
soon
full
as
will
notified
be
con¬
the
L.
Earle
has
aeronautical
been
day
Senior
of
company's
main
m.ll,
containing 282,540
facturing space,
warehouses
and
marks,
will
be
sold
at
auction,
premises
feet
square
of
manu¬
•
See
also
Dayton Power
Holders
subscribe
extent
of
is
to
p.
of
&
common
on
or
169,
stock
for
of
record
26,
each
for
determined
'.7-
shortly
July 7
shall have
of
($7
held," The
the* offering is
before
./■,
/
I
-
the
par),
made.—V.
169/
Deerfield Packing Corp.—Partial
Redemption—
Seabrook
Farms Co.
Delaware Lackawanna
& Western
Gross
Net
1949
from
from
railway
railway
1948
$7,412,488
•«1,527,550
income—
oper.
;
"
$7,712,833
1,962,990
*7:
1947
1947'
$7,012,005
1,608,323
C
1946
$5,007,906
360,585
742,333
981,172
773,204
147,455
34,616,727
36,983,455
6,009,687
7,824,049
2,706,526
3,408,780
32,536,335
6,783,671
3,196,969
27,186,453
3,463,882
1,430,112
From Jan. 1—
Gross
from
railway—
from railway.:—:.
Net
Net
ry.
—V.
income
oper.
169,
2527.
p.
"
The
has
company
of
and
shares
to
50,000
the
results
first
of
received
SEC
mortgage
of
and
preferred
competitive
authorization
collateral
stock
bidding.
cumulative
7'*
to
issue
and
sell
trust
bonds, due 1979,
($100 par), subject
/
As previously
reported, the proceeds would be used to finance a
portion of the construction program of Delaware
Power and its sub¬
sidiaries.
At
the
bids
the company's request, the Commission
authorized a reduction in
10-day period for inviting bids so as to permit
opening of the
on
July
6..
for
the
purchase
of
$10,000,000
first
mortgage & collateral
trust bonds, series due
1979, and for the purchase of 50,000 shares
of
preferred stock, cumulative (par $100) will be received
by the
company
at
its
office, 600 Market St., Wilmington, Del., before
11:30 a.m. (EDT) July 6.—V.
169, p. 2749.
This
42.5%
for
Lines, Die.—Year's Earnings Estimated—
corporation
gain
compared
in
with
net
the
will
show
operating
first-half
quarterly beard of
Est'mating traffic for the
repo' ced
a
20.9%
increase in business and a
profit for the first six months of 194.9,
of
1948,
according to reports prepared
directors meeting held on June 27.
a
President,
of
;
be
to
the
income
Inter-Urban
of
name
defined
as
cumulative
This
created
the
by
the
to
will
series
amount
an
Ry.
7 Dr.
the
extent
of
12%
to
the
annual
to
equal
in
1, 1949,
mortgage at
entitled
be
1%
payment out
of
the
cash will
in
a
net
last
10 days ot June,
C. E
Woolman,
operating profit after taxes of $320,281 for
of
directors
solicitation
group.
be
valid
had
letters
;
■>j
made
had
\
"misleading state¬
previously dropped
been
f
•
the
on
for
7*
of
purposes
'
'
preliminary
the
meeting
77
injunction
Strauss-Levien
action.—V.
"
which
be
to
held
on
"
issued
was
169,
group
directed
was
to
by
all
pay
court
costs
2759.
p.
*
'7 Licenses Al-Fin Process to California Firm—
the
of
L.
avail¬
of
be
of
H.
E.
bonds
of
the
approved
&
by
.7.77..-" 7;
ICC.
the
Leandro,
Tnis
groove
already
RR.,
Unadilla
2682.
p.
to
old
if
operations
"in
year,
the
continued
view
directors
of
20
and
April
this
20,
year.—V.
169, •p.
2312.*
Dohrmann Commercial Co.
has
company
recapitalization
ferred
If
stock
.
decide
to
proceed
with
the
plan
and
is
;* The
tentative plan provides:
stock, $50 a share in
preferred
in
exchange -five shares
preferred stock and.
of
first
stock
common
each
share.
119,
shares
be
shares
1399. 7
p.
share
in
$25
new
2Va
would
New
Each
arrears
of
value
new
offered, 7 V2
of
both
'77
no
value
par
classes
of
7
V
stock
would
Fairchild's
of
Co.—Stock
The
Smith,
shares
and
owned
were
Martha
Barney &
L.
Co.
Dow
for
by
and
the
were
the
p.
the
the
of raising
2641.. y;"
.
covering
Mr.
vote
tor's
funds
$5
June
per
be
answered
of
directors.
in
-
detail state¬
present
your
M.
the
candidates
to
manage¬
Mr.
about
*
to
to
past
the
dividend
also
the
of
source
7;
letter
policy
corporation
know,
as
you
been, advised
not
are
only
the
the
that
rests
now
dividends
(1)
based
on
were
on
in
of
throughout-the current ;year
improved results in both sales and
,7v
,
directors
your
is
earnings
want
soon
upon
7':
"
the
on
.as
that
(2)
there
as
possible. These factors
dividend consideration by the
■•777':....
included -information on the
bearing
a
7'
and
sub¬
a
resumed
continuation
operations
have
source
capital," Mr. Richard¬
"771'-.; -7:777-7 ;:.-7
;
the
cf
and,
also
directors
con¬
of
reinvested
.7
/ .7
strength
;.'7'
its
hi$
profits.
profits
.7
for
and
Fairchild
stockholders,
the
its -earned
7;'„ 7
committee
Mr.
■:
by
on
77'
Fairchild's
dividends.
confuse
reference
to
'77
proposed
comments"
with .."factual
fully realize that
you
but
course,
S.
7.1
1
■
/.v:
slate, opposed to the
Boutelle, Arthur F. Flood, J.
A.
following can¬
present management*
Mclntyre*
Allis, William D
W.
Boltbn, Grover Loenlng, Charles H. Colvin and A.
Mclntyre Is Executive Vice-President and Treasurer
L
Baker'
of
Monroe
which does business w'tlx
the Fairchild
corporation, and Mr. Bolton's firm has business
rela¬
tions with the Monroe concern.;
* ;;
■
7
>
*
•
'
"Do you favor
interlocking connections of this nature?" Mr Riahardson asked stockholders.
Mr. Baker is Vice-President and
director of Kellex
Corp
which is
engaged in the field of atomic energy, it was
explained' and the
Fairchild corporation is
engaged in the field of atomic
research for
the propulsion of aircraft.
Mr. Richardson held that
this was another
situation. that could create a conflict of interests
and thus be detri¬
mental to the
corporation's
welfare.—V. 169,
p.
2750.
to
Willard
through
pay
estate
Equipment
Co.,
said
Mr.
Richardson,
General
the
Motors
request,
under
22,
were
(No.
7651)
filed
last
date
with
Homer
1948,
which
returned)..—V.
company
was
registration
sale
169,
was
not
p.
able
to
statement,
sell
only
which
the
mills
2.1%
only
are
(the
became
inves¬
Eversharp, Inc.—Management Upheld
—
Set—
Meeting Date
1 :
an
order
byAfice-Chancellor
Collins
J.
Seitz
in
Delaware
Payment
*
"
'
"
Pennsylvania
loans
on
law
*
15,
the
will
6%
1949,
at
period
be
income
100%
from
made
at
bonds have
and
April
accrued
1
1935
to
The
Pennsylvania.
15th and Chestnut Sts
as trustee,
"7
June
the
13
further
corporation
announced-
is
required
to
tax,
During
each
on
5
seven
mills
years
dollar
under
of
of
this
principal
period the
amount,
the Indenture.
The
effective
of
total
which
tax
the
amount
to
withhold
rate
was
corporation
be
consequent^
withheld
be 21 mills on each dollar of
principal amount or
the principal amount of the bonds.
This tax will be
withheld
bondholders who are residents of
Pennsylvania and who
not
exempt
from
taxation
under
the
of
from
Property Tax laws."—V. 167,
100
2750.
consummated
redemption.
for
at the rate in effect when the
unpaid interest
accrued,„ from the proceeds of redemption
payable to all taxable bond¬
8
offering of 100,000 shares of common
through White & Co. of St. Louis
the
46.733%
Reed;-President,
"Under
corporate
share
the
of
to
Jor BankinS and Trusts,
1
September
amounting
Pmladelphia, Pa.
Chicago, by
2641.
July
interest
as
p.
Hundred
of the outstanding 15-year first
mortgage
called for redemption on
been
$1,585,000,000 includ¬
the
Fifteen
Walnut Street Corp.,
Philadelphia,
;Pa.—Income Bonds Called for
Redemption—
AH
7
•
Pennsylvania
p.
6Mos. End. April 30—
profit
Earned per com. share—
•After Federal
Personal
1807.
Firestone Tire & Rubber Co.
♦Net
Following
sure
for
L.
21.
the
stock
to
the
Oct.
would
by Mr. Fairchild's committee
about
more
Richardson's letter
assumes
proposed
a
at
par)
withdrawn
effective
Richardson
made
accomplishments
endeavored
profitable
didates
will
registration statement
of
Mr.
criticized
relation
have
Richard
Dynaeycle Manufacturing Co., St.
Louis—Registration
shares
office in this corporation
management contest. Richard
any
Fairchild
Mr.
been
know
foundation,
will, of
../board."
Statement Withdrawn—
was
in
You
Mr.
late
estates
funds
Attorney General Tom C. Clark.—V. 169,
(80c
and
every - reason -to expect
for
1949
as
compared with 1948,
to stabilize ana increase dividends
America's largest
industrial combination, was sought June 30 in an anti¬
trust suit filed in Federal District
Court,
and,
he
statement"
financial
present
'.77 '.Vy1';"
of
by
purpose
169,
estates
sold
ing a $560,000,000 investment in
Corp., has gained it the reputation
The
present
of
sharply
explained.
stantial
Offered—Smith, Barney &
the company, whose total assets of
stock
accept
the
had
continued
feel
'1948.
(E. I.)
SEC
not
committee,'7 together
77 ':.-v7"7
have
by
dividends
son
7%
du Pont de Nemours & Co.-—Government Sues
Company as Trust and Asks Dissolution—Dissolution of
•
molecular
-
75,000
Dow
will
candidates.
letter
"We
-
Co. offered to the public June 28 after the close of the
market 75,000 shares of common stock
(par $15) at $44.50
a share.
This stock was not sold by the
company and
none of the proceeds from the sale will
accrue to the
company.
y;:
yy; ■ 77-7;y M7-7'
H.
these
corporation
Auto
Dow Chemical
,
per¬
good management and sound planning."
The
a
point by point rebuttal of5-every so-called "issue"
Fairchild's committee;
an
analysis of "the weakness
Mr. Fairchild's platform"; and advice to stockholders
fallacy of
"they
"should
tended,
common
new
"fruit
Mr.
committee
stock.
common
of
the
by
The
SVaVo' convertible
par
shares
'77*77
Is
"irresponsible
dividends, would be offered
par
of
$100
will
wins
substantial
nine
two-thirds
of
the
that
company's outstanding stock will be sought. Stockholder reaction
asked as a guide for directors in their decision, 7
7.7 *7
bi¬
abroad
these
said
Mr.
,
approval
he
contained
raised
of
plan
and
bonding
of
be used
to
reduce
top wing;
aluminum
alloy
pistons.
Silv-O-Lite
stockholders
to
which
which
letter
to eliminate dividend arrearages on the pre¬
simplify the capital structure./ : : *'7 My y
"
to
letter
a
"The
tentative
a
for
process
S.
Today the company's net worth is $15,000,0007 Mr. Richardson
pointed out, as against $1,600,000 ten years ago, a record of
progress
Recapitalization Planned
—
stockholders
to
U.
same
"discredit
designed
and
directors
submitted
process
the
ment."
of
The
manufacturing
7
in
■
In
77
.'-7
San.
program.
the
ments
meeting on June 28
quarterly diivdend on the common stock, thereby maintaining
company's excellent financial position," a company announcement
said.
The usual preferred dividend will be paid.
Quarterly distributions of 25 cents each were made on the common
Jan.
cor¬
of
77",7';' '77/';77''Vl-77 7;'''.: '7'" 7: 77 ";v7'7
7.7. .M
time, stockholders were urged by L. B. Richardson,
President, to "weigh the facts and information against the state¬
ments, the charges and the claims" of the committee headed by Mr.
Fairchild
which
Is asking stockholders
to vote for a new board of
directors at the annual meeting July 6.
v<
77-'77. ■
At
the
on
this
Co.
plans was made on June 27 by the com¬
present management headed by J. Carlton Ward,
a
letter
to stockholders setting forth
the com¬
in
Chairman,"
mittee's
the
stock
The
Both
of
Jr.,
7
•
wins.
group
the
their
at
Al-Fin-
directors
Announcement
stock
•
in
process
granted
the
Fairchild
his slate of
child
in
the
second
quartet
conditions in the appliance in¬
action
no
license
United's
mittee opposing
profitable
unsettled
took
Al-Fin
7
that
Machine
&
Boutelle, former General Manager of the airplane division at
Hagerstown, Md., has been nominated for the Presidency if the Fair-
railroad.
7
announced
27
Engine
/./■
in
wear
the
use
sixth
Sherman M.
>77r7;<'7'.
M
to
June
United
S.
Valley
-■
the
the
Boutelle Nominated for Presidency by Fairchild
Group
ICC for authority to control- the reorganized
under the Interstate Commerce Act, because the
own controlling interests in the Jamestown, West-
Northwestern
Calif.,
pistons.
is
President,* on
licensed
mitting
use
of
all
aluminum
to
steel.
engaged
common
*
has
metallic
the
to
Richardson,
,
Salzberg Co., Inc.,
first mortgage
of
B.
poration
the
distributed
.777
stockholders
.-.7.77\
■'7 7",7:7.7
.77- 7.; 7- 777
L. Bollinger, Professor at the Harvard Graduate School
Administration, is Chairman of the Helio Corp.
uses.
Lynn
Business
of
benefit
of
principal
also
bonds.
old
and
necessary
According
Delta Air
to
The
the
holders.
Bids for Purchase of Bonds and Preferred Stock—
Bids
net
annum,
bonds.
and inheritance taxes.—V.
Delaware Power & Light Co.—SEC Clears
Financing—
$10,000,000
is
the
on
;
RR.—Earnings—
*
Net ry.
per
$1,081,000
of
equally.—V.
below.—V. 169, p. 4.
May
of
Present
7-7
board
order ruled
1949.
The
commercial
former
contingent interest from Jan.
company for each $1,000 of the old bonds, together with
new first mortgage
bonds, under the final steps in the reor¬
dustry
for
See
available
its
of the
—
the
proxy
Airplane Corp. — Acquires Rights
to "Helioplane"' Design for
Military and Commercial
Development—
*
Detroit-Michigan Stove Co.—Omits Common Div.—
•
right to
to the
subscription price
stock
common
shares
six
2749.,
be
2312.
p.
Light Co.—Rights to Subscribe
before'July
share
one
V.
•
May 17 was "invalid
given to the stock¬
Fairchild Engine &
new
Although
.
auctioneers.'
of
tion.—V. '168,
Freeman
are
its
•
the
••
that
Straus-Levien
15,
(4)
in
Ry., and Southern New
York Ry., Inc.
'
7r:;7"/v 777.7:
",7 .7". 777 ' 7'77'77,7"
In their application
it was pointed out that they had purchased
these railroad properties for the purpose of
dismantling them, but
were
required by public convenience and necessity to continue opera¬
properties, including trade
in
complete
liquidation,
on
the
July 20 and July 21, 1949.
Samuel
at
fo)r
the VlceChancellor cn May 23, 1949 was dissolved
except to direct the opposi¬
tion meeting on July 5 to adjourn
permanently.
;
other
Huntsville, Ala., on
&
Co., 1808-10 Chestnut Street, Philadelphia, Pa.,. 50
Church Street, New York, .N.
Y„ and 80 Federal Street, Boston, Mass.,
T.
in
the
Application
division.' He
Dallas Mfg. Co., Huntsville, Ala.—To Sell Property—
The
Counsel
oi
bear
Income
ganization
charge
^
Friedman,
M."
Court's
(3)
The
thp reorganization plan they receive 12 shares of
the
$400
!
in
formerly was acting as General Man¬
ager of the company's engine-division, the Wright Aeronautical
Corp.
—V. 169, p. 2749.
•
'
i
7
lien
will
of
ownership
expiration
following
Vice-President
and
that the opposition meeting on
notice of 'the meeting was
-
possible after the determina¬
business
elected
the
(b)
issued
4%
of
officers
Under
offer.
Robert
oi
used
be
Grimes
•
•
in
construed
July
$571,400
428,550
,
Cole,
following additional points: '
'
!y( 1) The original record date of April ^2, 1949 was held" to have
Been validly fixed
by the board of directofs'of Eversharp, Inc.
(2)
The proxies - solicited
and obtained by
the management w£re
control the Des Moines & Central Iowa Ry.
The application is made
by Murray M. Salzberg, Meyer P. Gross, and Morris H. Snerson.
Stock control of the reorganized
road will be theirs by virtue of
road
stock
1949.
1
provided in the plan $142,850
field
common
Jan.
RR.
A
of
applicants
of
;
—_
Alley,
written
no
the
The
purchasing railroad properties in the process of abandonment, for
purposes of salvage, on June 29 asked the ICC to authorize them to
f
good from June 1 to 5 p.m. July 1.
to purchase sufficient
shares
was
to
the
price limit.
cerning the tender acceptance as
tenders
for
by
application of the reorganization manager,
the properties in reorganization of the
company, the ..Des Moines and Central Iowa
par)
of
The Court held
because
in
of New
corporation plans to decide Juiy 5 on the acceptance of common
opinion
corporation.
of
of
bonds
Iowa
the holders
Curtiss-Wright Corp.—Tenders of Stock—
the first-half
for
and will be redeemable at their principal amount plus interest.
common
stock will consist of 1/.142 shares (par
4>z5), all ol'
which
will be distributed at reorganization pursuant
to the plan, to
creditors holding the above-mentioned bonds issued
by the Inter-Urban
Railway.
Cumulative voting will
be
permiiteu
in
toe
election
oi
directors.
;
: ..•/7.x 777:.7\.7 L-,7^
77,
..•; i.:,:.
payment.
York,
cents
64
The
p.
the
•
,
the
with
>*•'♦ •
compared
bonas,
;v7.777
Constitution of
Cuba, payment of $32.03 on account of the principal of each $1,000
original principal amount of first mortgage gold bonds, 5V2% series
of
1942, due
1942,
"part-redeemed," was made on June 30, 1949,
upon, presentation of bonds for stamping of the rider attached thereto.
The New York 8tock Exchsnge on June 24 directed that the bonds
be quoted ex $32.03 per $1,000 bond on June 30, 1949; that the bonds
shall continue to be dealt in "Plat," and to be a delivery in settlement
of Exchange contracts made beginning June 30, 1949, must have the
Transitory
a
of
as
liens,
out
net
The
with
dated
sinking fund
a
able
Cuba Northern Rys. Co.—Payment on Principal—
In
decreased
22 upon
acquisition
reorganized
series
rate
As
n
increased
the first-half of
revenue
the first-half of .1948,
in
75-yr. 4% inc. bonds
stock, 17,142 shares ($25
tax
payable
debt,
of
to
during
Mail
1949.
validity of the stockholders*
and invalidating an
management
by
$571,400 of bonds,
principal
Privately—The company has sold $1,300,000 first mort¬
gage 4% bonds, clue in 1974, to The Mutual Life Insur¬
ance Co. of New York, it was announced June 24.
the
the
Central
the
of
from $5,177,556
first-half"of.
mtge.
The
County Gas Co. of New Jersey—Sells $1,300,000 Bonds
Proceeds
33.5%
the
in
June
on
the
by
(a)
&
received:
as
profit after taxes nf $99,560. Its load
highest of all domestic airlines. Delta
the
by
In
the order just signed,
the Court held that the meeting called
by the Eversharp board for May 24, 1949, and subsequently adjourned
Court to July 5 pending the decision of June 29, "was validly
called and
validly adjourned."
In view of the fact that the StrausLevien group had already waived its right to a
trial, the order last
week represents final judgment foiH the
corporation on all points, in
high at
factor, of
company
24
This
corporation
has
been "licensed
to
use
the
revolutionary
"helioplane" principles in designing military and commercial
aircraft,
equipment obligations, (c) the lien
according to an announcement on June 26
of
by L. B. Richardson,
any
purchase-money mortgage cn property thereafter acquired,
President.
•*
'.".7,7
and (d)
the lien of any mortgages outstanding on property at the
77 Culminating negotiations started a year ago, the agreement with
time
acquired.
•.
7..V 7'7 7-7
,7VV''7777V'Helio Corp. of Norwood,
Mass.,. grants Fairchild exclusive manufac¬
The series A bonds will be in registered form, will be in denomina¬
turing rights and world-wide sales rights for helioplanes
tions of $1,000, $400, and
in
the
$200, and will be issued to creditors hold¬
higher-horsepower, class designed for certain specialized military or
ing outstanding first-mortgage 7'/2% 10-year bonus of the Des Moines
$30,000 to $51,000 for the first phase
The proceeds received will be spent in
organization expense, drilling and
equipping six wells and for working capital.—V. 169, p. 2641.
the
all-time
new
share will amount to about
per
trustee,
to
to $al,00d and on the Easterling Lease approximately
$10,000 to $17,000 or
of
a
mortgage, which will maxe
provision for the issue of additional bonds, will constitute a first
lien on all property and assets of the reorganized
company upon con¬
summation of the plan and also all
property and assets (with certain
exceptions specified in the mortgage) thereafter acquired subject only
and
drill
hit
series A, due Jan. 1, 2024, will be issued at
reorganization under and secured by a. mortgage of the reorganized
company to the Iowa-Des Moines National Bank, of Des Moines, Iowa,
securities
will
net
was
totalling $943,388
ICC
The
The cost of drilling and equipping
approximately $12,000 to $17,000 or
development program.
on
total of $36,000
a
for
1948.
ments"
First
Texas.
Robert
are
ooze,
commitment
firm
no
It
wells
C.
of
holders."
road
particularly the acquisition and
located in the Caddo Oil Field, Caddo
DaRcLToRS
AND
Charies
months
May
on
The decision was rendered in the suit
brought against the corpora¬
tion by Robert Hays
Gries and joined by Seymour and Francis S.
Levien, of the Straus-Levien group of stockholders.
This
group,
in
opposition to management, js supporting a slate of directors headed
by Martin L. Straus II, former Chairman oi the Board, who was re¬
moved by the board of directors on May 24.
'
;
Railway, and granted authority for the i:sqe of securities and assump¬
tion of
obligations and liabilities by the reorganized company.
The plan provides that the
capitalization of the reorganizedu com¬
pany upon consummation of the plan shall be substantially as follows:
in Dela¬
secretary, Treasurer and Director;
William C. Russell, Chairman of the hoard and Director.
Director;
of
20.9%
a
Des Moines & Central Iowa RR.—Reorganization—
The
more
the other in Marion County,
Parish, La., and
.
tracts,
six
March
revenues
$6,909,545
Common
likely oil prospects and
development of
to
for
with
March
authorized
May 20, 1949 for uie purpose oi exploring for oil and the develop-
ware
first-half
1948,
•
Charges
Offered—N. R. Real &
corporation was organized
Bbori^oS—The
AND
the
for
period of
same
*
.
]
speculation.
HISTORY
in
Profit
Co., New York, are offering 600,000 shares of common
stock (par 1£) at ou cents per share. The shares are of¬
fered
year
$8,160,891
for
meeting
May 17, Louis A. Stone, acting President, an¬
nounced that the adjourned annual meeting would be held on
July 15»
1949, as directed by the Ccurt.
?v
1949, compared to 45 cents for the first-half of 1948.—V. 169, p. 2417.
to
Cornell Oil & Gas Corp.—Stock
about
$1,266,212 for the first-half of 1948.
offer
an
income
by 25.5%
the registrant's working capital re¬
used princip^y to replenish working capita]
which has
down during the past year through advances to Coopera¬
League reueraiion Exchange, Inc., and its subsidiaries
expenoitUits on
properties and facilities.
-and
been
this
oi
will
proceeds
sources
registration statement as to which
be made to the purchasers.
date
total
June 29 upholding the
on
called
opposition
operated will total about 110,509,907 for
1949, an inciease of 20.7% over the total of
of
first
the
passenger
1948
its sub¬
sidiaries
persons as may desire to
purchase such securities.
No underwriting is involved.
The offering
includes
6,010 shares sold
suosequent to July 1,
1948, and belore
G.L.P. Exchange,
and non-iarmer patrons of the
and afliliates, ana to such other
fanner
by
of
meeting
30
miles
months
for
$1,501,228,
share
per
will
passenger
six
Delta's
was
44,088
to
are
income
Monday, July 4, 1949
Chancery Court
7
,
will approximate
adjustments may send
June
down, Woolman said.
or
.
first
65.83
securities
end
total
was
stock.
The
$224,743
Average load factor
(percentage of seats occupied at all times)
59U2 for the half-year, a gain of 7.57 over the first-half of 1948.
J
filed with the SEC June 29 by this
shares of its 4%
cumulative preferred
statement
the
over
.
the
.
CHRONICLE
1
ending
year
although
taxes,
increase
1948.
fiscal
the
FINANCIAL
42.5%
a
increase;
91,590,984
Registers Preferred With SEC—
&
1949, compared with $6,752,094 in the
}
Corp., Ithaca, N.
Holding
for
after
up
Operating
Revenue
F.
L.
1949,
first six months of
$647,210,
;
of
income
the total
subsidiary of the registrant.
Cooperative
first-half
the
cooperatives.
Jersey.
COMMERCIAL
1949
1948
1947'
f$8,149,907 $12,129,390 $14,168,206 $12
$4.01
rsonai
(& Subs.)— Earnings
$6 04
■
taxes.
$7 07
1^7
645
$6 09
tNot including provision of
$2,000,000 to rovPr
foreign subsidiaries which can not now
be
re¬
earnings of certain
mitted—V. 169, p. 1451.
,
;
| ^
Volume 170
First Inland Credit
Factoring
First
,
combJie
form
it
their
announced
was
Engaging
did
Us
ities,
in
the
same
financing.
of
'
■
Officers
the
cf
Treasurer;
new
Fuller
M.
tne $3.75
financing
as
Madlener
and
Executive
Cobbey, Secretary.
A.
J.
Vice-President
was
and
heralded
much
appearance
Buick
Scottish
the
10-year 4% notes to the company. Proceeds will be used »
to refund outstanding debt ana to aaa 10 net working
Ready This Month—
capital.
and will be making
it was announced
on June 25
by Ivan L. Wiles; General Manager of the Buick Division.
'lne
itinera,
incorporating
styling
pioneered by muca, was first
displayed to the public at the GM show in New York's WaldorfAstoria last January. It represents a dec.ded departure from present
day styling but it still retains many features characteristic of the
its
line—V.
Riviera
is
in
production
The
the nation's highways this month
on
Brass
the
to
1933
169, p.
&. Copper
frfst Factoring Corp., acting
of
organizers
1940.'
♦Net
The
partner of
Directors
Mr.
the
of
Rothschild,
Morris
I.
organization,
new
will
Leibman,
include:
Harry
W.
P.
I.
addition
to
to
.
of
urer
Jr.,
1929.
of
tenders
that it has acquired the 56,000
stock of the Bell Aircraft Corp. on which it invited
common
June
on
York
First
holds
Prior
stock.
has
and
3
now
the
to
the
accordingly, withdrawn
invitation
Week End. June 21
Period—
Operating
$65,257'-
revenues..
Financing
—
Operating
Arrangements Completed—New York Life Insurance Co.
and Mellon National Bank & Trust Co., have completed
arrangements, jointly, for the financing of a new 39-story
bank and office building to be built for this corporation
on a plot adjoining the present principal office of Mellon
—V.
in
Net
Pittsburgh, Pa., it
is
estimated
resented
Penn
that
will be in
3V2%
by
Life
York
neighborhood
first
Corp.
bonds
fund
V;;; y'y^
\
•'
_
Net
Steel
Corp.
is
port
under
estimated
long-term
a
Place Corp.
-
This
marks
first
the
of
that
time
such
of
type
a
and
in
be
with
accordance
plans preparade by W. K. Harrison,
Cocken, Associated Architects.,
Y.
Vitz and W,
will
posal
the
and
bond
'
of the company subject
bonds. /
.
.V,/.:.;
the
to
stoclt financing
common
The
results
bonds
at
bidding,
competitive
;
Power
American
&
Light Co.,
ior
a
ry.
stock
and
Company,
made
813,000,000, which are
Kansas stoek—-V. 169,
the
event
Flour Mills of America, Inc.—Stock
The
directors
Cash
15
Jan.
payments
the earned
of
distributions
on
cents
April
15,
Jan.
15
made:
were
30
of
and
of
surplus.//*,•;.; /;.
each
this
were
share
one
May
5,
30
cents
Gibson,
Clarence
.
Director
Frommelt
J.
Henry
this
new
as
"./■•/
./W:/.;'•
;
Personnel,
of
common
following
and Sept.
each;
-
-yy:::-.'
«
of
Supervisor
■
:
v /
■
,
the appointment
and Education for
announces
Training
wholesale to 1,800 independent dealers, its
wholesale business in
1948 adding, up to over $66,000,000, and dis¬
tributes at retail through 515 of its own stores.—V. 169, p. 2642.;; •
sells
corporation
at
5,025,01J
l,3ob,948
492,068
639,213
has
Net
Net
unique
type
filed
has
r
Builds Unusual Dual-Purpose
Railway.
■1
service
the
locomotives
road
For
taxes—
„
designed
are
to
-
operate
Of
power
locomotive
long
169,
a
2528.
p.
Leicester
"of
W.
Strum
Van
and
p.: 1451
Fisher,
&
1561.
-
Inc.,
.
..
has
-
of
been
•...
—
the
♦Net
elected
a
'
r
The
as
1.5%
total
..
v
There
were
of
common
1949
and
preferred
stockholders
for
Total
Expense
the
in
1947
'
wholly
a
Mr.
from
'
Taxes
'
,
1
other
—
depreciation
and taxes.
etc.
1,663,023
.06,000
866,300
263,000
$860,665
$1,163,029
;■ 476,379
$1,130,345
476,379
$2.37
.,$426,109
, 427,824
i;/t$0.99
after-
Earns,
charges—
Federal
include
to
Holland Furnace Co.
profit
of
No.
—
shares—
capital
♦After
all
charges
Earnings per
♦Net
V.
168,
share
receipts
p.
outstanding
2325.
from
ore
sales
(less
$203,141
Federal
and
y-yy{[d.'„,:,\-/V
Home
Gas Co.,
tNet
taxes.
income
r.
$3,760,018
900,884
$4.17
loss.—V. 167,
$3,697,943
900,884
$4.10
:'V
r.
Pittsburgh—To Borrow frdm
P^rCnt—
subsidiary of Cuiumbia Gas System, Inc., has received
to borrow an additional $600,900 from Columbia
authorization
SEC
The
Gas.
tion
to
borrowings,
$2,400,000
of
to be represented by 3 lU % notes, are in addi¬
borrowings previously authorized by the Com¬
action with respect to the $600,000 having been
deferred pending action by the P. S. Commission of New York, which
approved the transaction on June 1.
The additional, borrowings are
mission,
Commission
the company to finance its
construction program—V. 151,
;;
Hotelevision Inc.—Registration
registration statement (No. 7746)
Statement Withdrawn
filed
The
last
and
May
23.
The
shares
The
Cantor,
shares
—V.
registration
the SEC Nov. 3
A
sold.
were
company
with
shares (par 25c.j was withdrawn
statement became efiective March 11 but
class
480,000
covering
covering
M£y" 17 filed a letter of notification with the SEC
siiares of class A stock (par 25c.). Underwriter,
& Co., New York.
It is proposed to offer the
share and use the proceeds for working capital, etc.
on
300,000
Fitzgerald
at
$1
169,
p.
?
per
2210.
■
\
' .v\-i
Household Finance
Henderson, President,
;
SJ*
C^p.—Sells Note Privately—B. E.
announced Juije 28 that the Comr
had sold a $5,000,000 (Canadian) 3%% note due
June 1, 1960, to The Prudential Insuranpe Co. of America
at 100 plus accrued interest. The proceeds were used to
prepay a like amount of Canadian short term bank loans
bearing interest at 4V2% per annum.
,
Company's Canadian subsidiaries lend Canadian dollars to their
customers.
To the extent that the company finances this operation
with borrowed
Canadian dollars, the exchange risk is neutralized.
The management desired to take advantage of the current interest
rate for long-term Canadian debt and believes that the issuance of
the 11-year note to fund current Canadian bank debt is advantageous
pany
to the
47,121
$189,355
1,000,000
$0.19
$244,311
1,000.000
$0.24
;
operating
expenses).—
company.—V. 169, p. 803.
Quarter Ended April 30—
sales
u*.
>■
.
.
-
1949
$6,063,086
..
;
t
Subs.)—Earnings—
Hovings Corp. (&
Net
1948
$4,861,054
1947
$4,982,335
98,876
185,315
Earnings were equal to 20 cents per common share for the 1949
quarter which compares with 16 cents for the corresponding quarter
Net
in
w
—12 Mos.—1948
t$54,s00
990,684
Nil
t$390,037
900,884
2686.
.
—
.
fAfter dividend require¬
(& Subs.)—Earnings—
Earnings.per share—Nil
p.
$2.41
194*—6 x«u£>.—ibto
Period End. Mar. 31—
♦Net
'•
adjustments.
preierred shares then outstanding—V. Ib9, p. 1886.
ments on
4,869
20,900
—
-
of capital shares
year-end
689,103
*Cr60,643
*
Net profit v—/:
476,379
$1.31
share./"
per com.
♦Revised
$235,658
33,129
$5,892,278
515,009
47,433
$247,173
1946
°1947
x.^u
<
\ M'
<
.
1,375,665
.
(estimated)
accrued
"
'<
$9,070,777
Net
i'''
3,789
_—*
than
1949
jewelry, garters,
profit:-//Common slis,\outstdg.__
••
1946
men's
taxes
$188,225
58,943
Inaugurates "By*
—
$3,4t>7,209
for
Prov.
1948 "
1949
Co., Incj
explained that the purpose of the new division is "to
additional outlets and production facilities to utilize scrap
sales
Profit
•
$188,225
Y.',
/
N.
$9,124,391
2,026,645
.
i—
subsidiary—V.
the
Quarter End. Mar. 31—
Net
estimated Federal and State income
1946 $200,000) for possible future
common shares out¬
*
'
American
of
bainbridge,
169, p. 1226.
at
Hinde & Dauch Paper Co.- -Earnings—
(and
Co.—Earnings—
those
time
regular production of leather, belts,
suspenders and wallets."—V, 169, p. 2419.
$434,011
$0.23
$1,328,761 « $933,795
$0.96.v <
$0.66
$1,762,370
$1.28
depletion,
/
first
Hickok
develop
Subs.)—Earns.
1947
$1.83
company has established a By-Product Division, Alan Hickok,
Vice-President and General Manager, announced on June 27.
'v '
no
$1948
$0.57
■
plastics
casein
-
$5,389,823
910,875
This
"'y'.
(&
$5,923,854
,.,766.875
"
2352.
Co.
the
for
of
owned
'
//•..
be used by
Refractories
$150,000
include
-j
1946-'
Product" Unit—
P.
1949
x-
1948
manufacturer
now
I
to
interest and miscellaneous
income
Depreciation,
1949
is
•
portfolio
Quarters Ended March 31—
received
1
Number
was
435,862, compared with 434,684 for the
and with 436,273 for the second-quarter of 1948.
404,852 holders of common stock of record May 12, 1949,
of
in
Corp.,
V
r
dividends.
Hickok Manufacturing
net
Dividends
Rentals,
of the outstanding common stock,
number
second-quarter
first-quarter of
which
Nil
'
z
,
$7,285,894
after
NOTE—Sales
price decline.
tBased on 1,334,995
tAdjusted figures—V.* 169, p. 2642.
Hecla Mining
-
'
share..
depreciation,
and
standing..
p General Motors Corp.—Stock Ownership Widely Distributed—
O-i ./'Vi
• v//.
much
per
inventory
counsel
.Widespread ownership of General Motors among small investors is
emphasized by a recent company survey. It shows that 59% of the
GM stockholders own from one to 25 shares each. No individual holds
of
profit after taxes.;
taxes
.-
as
allowances
Plastics
• '
.
1947
x„*6
,
v
$0.c2
$7,000,000 reflected a drop
securities held.
The balance was
by the fact that during the past six months the company
more
shares of its various
issues than it sold.—V.
169,
value
194t»
returns
,
y'wy
tEarned
firm
director—V. 169,
investment
less
income
278,714
5.1.34
,
amounted'to $5,333,619.
quarter
$0.68
1947
$1,775,907
357,651
23,214
$2,556,351
725,454
1949
,565,296
worth of the securities behind its
$62,254,961, as of May 31, 1949. This compares
3 Mos. End. Mar. 31—
Corp.—New Director Elected—
Vice-President
Towne,
v-f"'
shares at
made for
tNet loss.
the
Harbison-Walker
a
V;
been
values
market
•After
/■
sales
501,094
Federal incomfe taxes in the ac¬
t673,120
2,0,714
Nil
$0.79
/v.,;;,•
$1,395,042
$2,617,471
278,<14
273,714
the
for
taxes.
*.
two operating stations, two pantographs, is?41
maximum permissible speed of 80 kilometers per
General Instrument
has
sales
*$417,772
$373,569
♦Earnings per com. sh._
Y--:
2209,
p.
has
has
and
hour.—V".
«
and
1946
.47
Ii)t6
"$108,092
$7,184,952
.1,100,656
$72,446,464 six months earlier.
the total decrease in assets, nearly
the
redeemed
with
from the 3,000-volt overhead line.
Each
feet
horsepower
$0.97
,
y'\'i :'*•
♦After provision for preferred
1949
;
1948
$2,924,271
$2,914,681
264,387 ^ 325,693,
—22,413
32,637
investments—
both periods.
company
occasioned
-
continuous rating
of
./A-;:".
...-/v'... ///> : y.\
n
In switching service, the motors operate at 1,500-volt direct-current
power which is supplied by a dynamotor generator
set which obtains
1,500-metric
rating of
1,285-mhp. /-.\
hourly
for
classes of
the
from
Net
169, p. 6.
Gross
To" Sell
—
;• t:-„;
3 Mos. End. Mar. 61—
*1,448,603
1,801,603
a
—-
provision
The
in
being supplied to the four GE-754 traction motors directly
3,000-volt, d-c, overhead line.
In this service they have an
power
*No
22
dual-purpose, 3,000-volt, direct-current? locomotive
built by this company in Its Erie, Pa., plant for
State
$x.ud
>
Heyden Chemical Co.—Earnings—
;
vOu4,225" '
and interest
—
for
gain on-sale of
with
of
been
recently
Chilean
!
-
12,549,000
3,927,322
SEC
income
counts
Locomotives—
the
!.V'
18,225,000
.
received
dividends
from
♦Provision
new
—
2,057,250
$2,761,870
685,749
$4.68
$219,805
loss.
qnd
*
6 Months Ended May 31—
-
A
?
—v.
1917,
General Electric Co.
share...
taxes
♦Net
169, P. 2418.
.
bas
*6ob,H6
Group Securities, Inc.—Earnings—
Expense
Bondy, Theodore Kaufmann and Julius Strauss have been
directors.
William Best, who has been with the company
in charge of sales and advertising, has resigned as Senior
Vice-President, but continues as a director.
- ^
Mr. Bondy is Eastern Sales Executive; Mr. Kaufmann is in charge
of the company's operations in Sumatra, Wisconsin and Ohio tobaccos;
Mr. Strauss is head of the manufacturing department—V. 168, p. 742.
since
*386,907
by
Income
Philip L.
elected
514,312
$1,296,577
2,057,250
outstanding....^..
common
The company,
,
':K"
771,475
$1,204,277
period
Capital shares outstdg..
Earnings per share.—., y,
$2,392,000
940,454
20,213,000
2,758,7X0"
19,551,000
income
corporation
held
■'
"99mm Directors, Etc.—
General Cigar Co., Inc.
$3,922,000
52X,O22
429,191
1946
1947
zz
$4,441,000
912,311
the public and widely distributed among approximately
2,800 stockholders, about 1,130 of which are residence of Vermont.
The company
tailed to pay its quarterly preierred dividends due
Dec. 1, 1946, and has paid no dividends since.
No common stock divi¬
dends have bean paid since its acquisition by NEES in 1931.
because of
the preierred stock dividend arrearages, the preferred
stockholders since Sept. 1, 1948, have held 80%
oi the voting power
of the company.—V. 166, p. 2310.
/
z.;,;.f. ,
y
/
all
./v/
company.
The
v
1948
1949
815,774
.
/'?////
the
on
1943 the
in
Gamble-Skogmo, Inc.—New Appointment—
of
of
•
made
while
year,
and
169, p. 2751.
20, 40 cents.—V.
■
dividend
a
:
>
stock,
par
$20, for each
ten shares of
payable July 15 to holders of record July 5. This
$921,716
capitalizes
declared
24
.
/preferred
stock held
common
stock
June
on
convertible
5%
Distribution—
$2,321,895
253,843
771,475
-
...
profit after charges
and
•
■;////%&
^/:
$3, 530,020
253,843
6o7,o3o
$2,543,438
dividends
preference
for
t"
,
500,000
Hewitt-Robins, Inc. (& Subs.)—Earnings—
plfth of recapitalization with the SEC
under the Holding Company Act;.#
-r.\y.,\"
According to the application, the management of Green Mountain,
which is a subsidiary of New England Electric System, believes that
the company's
"present common stock is without vaiue and should
be entitled to no voting power and to no share in the corporate earn¬
ings or assets.
It is therefore proposed that the present authorized
common
stock of the corporation will become void, that the preferred
stock be converted into an equal number of shares of new
common
stock entitled to sole voting powers, having the sole right to dividends
and holding the entire equity in the corporate assets,1'
The funded
debt of the corporation will remain unchanged, T
The
funded
debt
of
the company
consists of $7,750,000 of first
and refunding
mortgage bonds 3^*%
serial due 1963; $1,243,000 of
Burlington Gas Light C'o. 5% mortgage gold bonds due Jan. 1, 1955,
assumed; and $375,000 of serial notes, VUf/o due 1949-1953.. =
■
The company has outstanding 46,2u4 shares of $6 cumulative pre¬
ferred stock (no par)
and I2,0u0 shares of common stock' (no par).
All of the common stock is owned by NEES.
The preierred stock is
prior
2418.
222,000
915,590
future
ior
Quarters End. Mar. 61— •<; U 1949
•
Net
-Earnings—
$4,153,000
railway—
oper.
company
The
temporary
p.
2o2,779
240,736
Green Mountain Power Corp.—Recapitalization—
;
the proceeds for the
investment in Florida
of
its
,163,564
112,000
154,932
(.
to the sale of the Kansas stock,
bank borrowings of not to exceed
to be repaid irom the proceeds of the sale of the
is
make
would
In
$4,592,895
1,059,000
107,4o8
tax
decline
dividends
per
pari
$6,000,000
use
Florida.
subsidiaries
other
American
would
and
in
$5,782,980
132,610
/•Including subsidiary—V. 168, p. 2325.
489,535
aduitional
has been authorized >, to negotiate for
the sale of its
450,000 shares of the common stock of Kansas Gas &
investment
?
authorization to issue and sell an
5,0o0 shares of its capital stock ($100 par) to its parent,.
New England Electnc toystem (i^osfcon) ior $5oo,o00.
Of the proceeds,
$158,000 would be used to pay on an indebtedness of that amount
to
the
parent
and $342,000 would
be applied to reduction of a
$400,000 bank loan.—V. lo9, p. 2642.
>
'''""V."' /"/• :v;: 'f ;■
The
pro¬
of the financing would be used for new construction and to
short-term borrowings expected to approximate $3,200,000 at
the time of the sale of the bonds and stock.
v-'.' "
/'
Electric
711,379
income
reserve
shares
Net
repay
American
holdings of
to
Earnings
2,417,511
'
Granite State Electric Co., Lebanon, N. H.
■
Proceeds
■/.;
$4,585,333
'
7,562
1,637,833
Penn.
price
Common
2<jo,0ol
income
♦Deficit.—V.
with the sale of an additional
to Florida Power's parent,
cash consideration of $6,000,000.
(no
STATED
tax
of
profit
Surplus
*11,846
Ib9, p. 2418.
railway—/
irom
from
Net
together
shares of common stock
2,100,000
>
2,638,785
z
competitive bidding
'-yy'y •. J;,-
of
149,44V
From Jan. 1—
..
Net
the sale of $10,000,000 30-year first mortgage
proposal involves
:>
3,101,978
: 833,9o2
900,9<4
iucome—
oper.
ry.
Gross
Co.—Financing Plan Cleared—
the
for
t
cleared
has
SEC
Net
Common
Abramo-:
M.
income
Convertible
$3oo,384
i % 24,l»U I
—
income
Appropriation
1946
.
$538,029*°
55,03d
3,180,792
Stock to Parent—
The
1947
;,
168,536
rahway— L__
oper.
ry.
Net
Company
,
Florida Power & Light
$1,172,830
>
operations
less misc. deductions
Total
1—
raiiway_^_l
Gross,from railway
Net from .railway—,
in
building
new
1943
174,694
May—v;
Penn-
country have previously been owned
The
from
from
Commonwealth
:
an
by separate parties.
erected by Turner Construction
$1,203,795
;;;r $54,575
Grand Trunk Western RR.
existing building
ownership has existed in
of
from
^Deficit—V.
'■
ownership
35.374.494J
$4;216,519
32,2^0
expenses..
'
respect
Building
Chicago,
separate
William
525
NOT
37,007,595
$4,248,739
general
Fedeial
1J48
ry/- opcri income—j>o,426 '
Net
!
with
lease
-
1949
$6ob,5b4
railway—®
from
Net
and
$7,500,000
cost
Profit
Other income,
—Jan. 1 to June 14—
x£»rt8
i949
$6o8,262
.
From January
to
a
large building structure.
The Cleveland
Cleveland, Ohio, the Union Station Building in
several other large properties in other parts of the
in
Pittsburg
Terminal
net
""
v'v
arrangement
to
*1947
1948
$41,224,114 $39,959,827
sold, shipment, sehtog,
and
inventory
rail way
.
occupiedwill be
integrated with Mellon's present bank building.
The balance of the
building will be leased for occupancy by subsidiaries of United States
This
Mellon.
$1.30
returns
allowances
Cost of goods
'
:
from
Gross
rep-
The lower eight floors of the new building will be owned and
:
by
"
Georgia Southern & Florida Ry.—Earnings—
William
of 525
2642.
p.
May—
the
of
and will be
$20,000,000
sinking
mortgage
share
Co.'s
Insurance
of
1946
*$8 la, 307
311,100
Nil
and taxes.—V. 163', p. 40.
less discounts,
sales,
and
$1,229,905^
$1,297,557
$57,0.5
$00,253
revenues./.—'
169,
Gross
28.
announced June
was
New
the
Gross
1948
1949
June 14
Week Ended
V'xtctrf
Pittsburgh
1947
uir.ioo
Hershey Chocolate Corp.—Earnings—
Star
f
1114.
p.
$4o4,177
$256, ,74
3x1,160
«,o.62
3 Months Ended Marcn 31—
.
—Jan. 1 to June 21—
-
1948
1949
of
525 William Penn Place Corp.,
outstdg..
tAfter charges
♦Loss,
since
North
" "
257,765
Georgia & Florida RR.—Operating Revenues—
invitation.
Period—
It
.
Corp.
with the
1882. ' .;
Mr.
'
financing
1
$0.39
169,
1949
$295,628
311,100
$0;6o
—
Earnings per share
Reinsurance
General
tne
Aircraft corporation's com¬
the
of
profit
adrruins.
tenders, First York and its
affiliates owned 162,000 shares of Bell common stock.—V. 169, p. 2528.
mon
wita
been
$0.33
-V.
taxes.
charges and provisions for
Quarters End. Mar. 3L—
27
majority
a
has
Steingraeber - has
been
associated
Ci6anizavion iur tne past zl years.—V. 169, p.
,\ First York Corp.—Purchases Bell Aircraft Stock—
shares
corporation and of Louis F.
North Star Re.nsuranee Corp.
of
Dunbar
1946
$138,529
$0.41
$0.50
„
x
1947
$15,,460
32^,437
1946
$lox,477
32o,441
Hercules Motors Corp.—Earnings—
:
tNet
Group,
Treas¬
Steingraeber as. Assistant
the appointment
this
Treasurer
Mr.
June
week ended June 24
or 1.9 %;
the
for
of 2,125,778 kwn.
year.—V. lo9, p; 2751.
aecrtu.se
Lowry, Jf.T President of the General Reinsurance
or Wihiam A. Dunbar as Assistant
G.
announces
Lawrence, and A. F. Madlener, Jr.
'■if The corporation announced
a
all
outstdg.
share
per
♦After
Corp.—New Official—
General Reinsurance
,
A. Poole,
corporai.on
kwn.,
week of last
169,
steel.—V.
and
rasps
-Earnings—
1949
$211,973
328,441
...
shares
Capital shares
Madlener and
Mr.
Jr.,- George
Osborne,
fcns
of
corresponding
Edward
Corp., .serving as Its President until the present time.
output
112,566,878
to
the
irom
Rothschild k Co.
and. Pres.dent of Inland Industrial, Inc., liquidated in
1942 upon his
entry into the armed services.
When he returned from military duty
in
November, 1945, Mr. Rothschild organized the Inland Industrial
formerly managing
was
electric
amounted
■
Rothschild
Mr.
1
profit
Common
2528.
r. '
tools,
files,
(Walter E.) Heller & Co,
I General Public Utilities Corp.—Electric Output—
President since
its
as
'
;
,t
Quarters End. Mar. 31—
Earnings
York factors, James Talcott, Inc.,addition, he had been associated with Dallas
Co., land Halsey .Stuart & Co. Inc.
He was one of
In
1938.
'
manufactures
company
1114.
P.
American, Co., representing the New
from
29, has made a loan of $800,000 against
June
nounced
\
i,
(Ohio) —Loan - Placed Privately—
Heller Brothers Co.
•
The Mutual Life Insurance Co. of New York, it was an¬
30,977
series preferred stock,
Buick's
"
of
Treasurer
of
1949.
11,
and
Buick's New Riviera
.
*/
Madlener, President and
Vice-President; Harry P./
are :■* Otto
company
Rqtthscniid,
Vice-President/;.
Lawrencq,
Mr.
*
commercial
clients,
receivable
I
'
Credit Corp.,
Imqnd
First
;
1949..,.
general fields
will include: accounts receivable financing, accounts
factoring, machinery and equipment loans, and inventory
of
group
known .as
27,
April
stockholders
predecessor companies, the new corporat.on's activ¬
to provide working capital to a widely diversified
eiiorts
its
resources
June
balance
the
record
5
(5)
CHRONICLE
FINANCIAL
&
31,010 represents holders of- preferred stock of
These figures compare with 403,707 common
preierred for the first-quarter of 1949. Of
the preferred stockholders in tne second-quarter of 1949, there were
21,356 -holders of the $5 series preierred stock and 9,654 holders of
and
:
-
and Inland Industrial Corp. will
and top management personnel, to
Chicago
corporation
op
component
in
Corp.; Chicago—Organized—
of
capital
Illinois
new
a
Corp.
COMMERCIAL
THE
Number 4817
profit after income taxes—
1943—V.
169, p. 206.
141,289
6
FINANCIAL CHRONICLE
COMMERCIAL &
XHE
(6)
Monday,.July 4, 1949
T
-
•
-
V
...
^
Subs.)—Earnings—
v
1948
1347
1946
$1,451,387 >$1,791,225 - 1$ 146,872
1,815,783
1,815,783
1;538,810fearnings per share——
$1.93
$0.80
, $0.93
$0.09
"After charges, Including depreciation, interest
and provision for
Federal, 8tate and Income
taxes.
f Includes $52,202 tax credit.—
$3,678,236
1,906,573
profit
Shares
outstanding.,—
V.
1949
Mar. 31—
Quarters End
♦Net
169, p. 2528.
'
V-
""
'•/
:"V
'
Uniform Practice Committee of the National i Association
Securities Dealers, Inc., District No. 13, on June 23 announced:
contracts
distributed"
"when
All
-
—V.
"A
of
-
Line
Pipe
169,
V.
in
Co.
2755.
p.
168, p. 2008.
Subs.)—Earnings-
Hupp Corp. (&
Net Joss.
—V.
—-——r-■—■>—
168,
345,
p.
$32,522
$122,118
<
f1947'
,
Loans
$1,498,828>
$751,992
291,625
profit————
Common shares outstanding———
'
$460,367
242,180
$113,066
229,930
Nil
,
Earnings per common share———
$931,652
>
earnings of Rotem Realty Corp. for 6V2 months and earn¬
Inc. for )cy2 months and is after allowing
for the period May 8, 1947 to March 31, 1948 of
H. L. Hildreth Co. and Phoebe Phelps Caramel Co., Inc., subsidiaries,*
Which were acquired by Huyler's on May 8, 1947, and a loss of $4,183
Of Holbrooke Candies, Inc., for the three months ended March 31,
1948, a subsidiary which was acquired by Huyler's as of Jan. 1, 1948.
ilncludes earnings of $279,877 of Metro Chocolate Co., Inc. and Rotem'
Realty Corp.y such being the earnings of said subsidiaries only fromthe date of acquisition on May 29, .1946. • § Includes the income of
Holbrooke Candies, Inc., a subsidiary acquired on Feb. 5, 1948, of
$12,348 after taxes, and the income of Driiry Lane Chocolates, Inc., a
subsidiary incorporated March 26, 1948,. of $4,236 after taxes, also
the income of H. L. Hildreth Co. and Phoebe Phelps Caramel Co., Inc.,;
Of $8,690:—V. 169, p. 1779.
\ !
w
1949 -V 1948
$1,303,268
$1,533,324
86,706 ■/„■" 15,123
Federal Income taxes——//
34,500
6,000
Quarter Ehded March 31—
sales i
^
————
$52,206
outstanding-—166,168
Earnings per common share——
$0.28
profit
168, p. .345.
.
..
Common shires
;■
2,598
income
paid ,—_____
for Fed. inc.
Prov.
in
slow, down
effects
all
J.
/
taxes
of
"
'
,
petitioned
will
be
felt
by
plant
our
forces.
;/:v;'
We
■
unsuccessfully
for
the
temporary
ICC from
E,
Cost
-
Brent,
and
General
Sales
interfering with the
13,969
63,879
6,805
profit
income
Total
$36,352
.
.
of
• «
,9,640
to
be
used
for
the
made for financing construction
The
payment
Co,
of
Savings
short-term bank loans
of
expenditures and the balance for
loans, payable to Chade
New
York;
Bank, and
First
National
National
new
Bank, New York;
Bank
City National Bank
/
Net
Other
5,198
%
/
Chicago;
of
&
Trust
Total
Net
$713,154
854,856
Division
International
669,856
673,486
$3.56
$4.08
$1.08
on
,
/
-
j
-
.
896,609
per
169,
p.
(at
end
tax
common
be
a
warranty
shares
($1
giving
par)
}?SlJei as f0l, ?ws; 1950> $h
used for working
capital
the
holder
prices
at
per
of
machinery.—V,
169,
p.
2528.
•
$0.84
ASSETS
treasury
other
marketable
receivable
cost
or
AND
(less
market,
semi-annually^
May
1
and
Nov.
1,
with
the
first
(net Dr)_
:
4,615,713
'«
996,700
/
431,169
528,670
402,147
-
/
290,138
/
:.
82,481
73,667
16,820
$278,655
Kansas Gas & Electric
American
$1,349,921'
$1,308,299
$330,443,
Underwriter for
Co.
Stock
.
Power
&
^
.
,
and
Light Co.
Gas &
Kansas
Electric Co. have
whichever
or
below
retirement
system
cost)—_—___—
securities
and
other
account
(at or
due
1949
from
Net
ry. oper.
below
from
prepaid
stock
without
8,166,550
320,376
value
(issued
Earned
in
nickel
prop-
Finland.-
Total
-V.
■
p.
■
Life
—
Insurance
Bonds Placed
Co.
of
Connecticut Mutual Life Insurance
New
Privately—-
Co.
York
have
and
the
into
companies each purchased $500,000 of the issue. The
agents in the transaction were Paine, Webber, Jackson
& Curtis; Stone and Webster Securities
Corp., and Mitchum, Tully & Co.
, ,
,.
company,
which
and.
Washington
construction.—V.
provides
communities,
169,
p.
Investors Mutual Inc.
telephone service in Idaho, Montana
will use the proceeds of the loan for'
1008.
will
&
Frank
•elected
T.
..
and
Chief
President,
Senior
Executive
has
Secretary, has been
elected
Vice-President,
Officer,
become
North American
by
common.
These
exchange for the
be distributed to
shares are to" be
par
in
for
to
Kellett Aircraft Corp.—Transfers Operations—
corporation on July 1 transferred its operations from North
to facilities at Central Airport, Camden, N.- J./ it was
,
/
3 Mos. End. Apr.
30—
depts.z
Earr}j."fS
1949
1947
1948
•
1946
~
$3,579,406
$3,986,714
$3,743,443
Net inc. before reserves-
$3,290,781
85,103
205,550
391,500
411,313
income
32,339
78,109
148,770
156,313
contingencies-.
—
15,000
30,000
15,000
$52,764
$112,441
$212,730
8240,000
$1.31
$1.49
sales
taxes on
Federal
for
Res.
all
of
/ Net
income
"Earns,
per
"Based
_—/,
*
-V.
150,0OO shares outstanding
Kerr-McGee Oil
Nine Months Ended
Industries, Inc.
168,
operating revenues
Operating charges
—
Depletion and depreciation
p.
2432.
(& Subs.)
-Earnings
1949
1948
$11,223,304
9,105,000
$9 225,905
March 31—
Total
Operating
$9.64
80.24
share-
com.
on
,
—
.■>
1,042,152
-7,328,770
979,306
$1,076,152
——
income
$917,829
84,758
214,589
$1,160,910
202,265
$1,132,418
S958.645
income
Total
Other
income
^
deductions
Provision
__—_—
and
Chairman
of
Vice-President.
has
been
Kenneth
Net
income
$922,167
■
Preferred
dividends
O.
per
—
:—
dividends
Earnings
NOTE—No
commpn
shares
provision
was
does
not
are
such
■«
the
current fiscal year,
.
189,600
20,651
.
—
^oard.
the
—
income
for taxes on
Common
formerly
received
,
z
Kohnstamm,
formerly
Hess,
cov-r
Heintz Precision Industries, Inc.—New Presi¬
President
Donald,
O.
R.
be
Power,
2,143,158 shares of $8.75
announced.—V. 169, p. 701.
,*
The company has filed a registration statement with the SEC
ering 4,000,000 shares of its capital stock.—V. 169, p. 2753.
Jack
is
Registers With
SEC—
dent, Etc.—
par),
pending proposal to merge Kansas Electric
the latter's 3,800,000 common shares
a
into
of which 2,143,1561/2 shares will
American's stockholders.
The remaining l*/2
Other
—
($5
The
1227,
Minneapolis
shares
shares
ance
new
with
Kansas
purchased
I1.000;"00company, it first announced June^^30. The insur¬
of 3V4% was mortgage bonds due in 1979
from the
The
of 3,800,000
Wales; Pa.,
!
Net
Interstate Telephone Co.
held.
amount
cash by North American.
./";V:
/v/
distribution of the 2,143,156V2 shares, North American will
own directly
or indirectly any securities of Kansas.
Divest¬
ment of
North American's interest in the Kansas company
(among
others) was ordered' by the Commission in 1942.
,
;u,
The SEC has given interested persons until July
15 to request a
hearing.-—V. 169, p. 2420.
//
/'/viX//'/■''// :/■■
700.
The Mutual
then
the
in
.
327,514,371 323,295,083
169,
its
to
Upon
cease
.*•//'•
V
20,000(000 =• 20,000,000
/
Co.—Parent to Distribute Shs.
has
Co.
common
stock,
reclassified
shares
sold
27,627,825
.
;.,..
Co.
North
V/^'■'.'•-v./r
_____103,984,631X97,536,906
of
American
3,800,000
60,766,771
60,606,50060,606,500
transfer
>
>
.
2,143,156Vi
Kansas
be
new
60,766,771
surplus
1,064,772/{1,092,809 /v- 625,373
399,921
519,699
2/1,470
.
1949,
1,
connection
In
will
10,950^832
483,474
17,854,022
9,127,189
18,341,564
14,-
1,110,975
471,072
by
Power
125,108,008 124,176,475.
par
57,438
/ 1,524,602
American.
V 705,596
363,173
__——
83,123
2,124,102
North American Light & Power Co. The latter, a subsidiary
of North American, is now in the process of liquidation and dissolution,
as
a
result of which the Kansas stock will be transferred to North
9,112,074
697,245
10,763,307
2, 1949—
483,475
Taxes based on income—
16,054,407
Retirement
system reserve.—8,877,985
Contingent, exchange, insur, and other reserves
18,349,470
7%
preferred stock
27,627,825
74,277
2,327,333
,
American
Sept.
on
The
66,056,185.
'//■;■■■■!}■
2420.
North
North
of
re-
(net)
97,585
2,395,707
railway—
income—
p.
1949,
2,
18,242,644
8,166,550
,
requested SEC authorization to dis¬
common stockholders of reeo d Aug.
shares of the new common stock ($3.75 par)
of Kansas Power & Light.
/./:/\//-/ //V//V/,.,//■•<;, ./.';///;.;"///
The distribution, in partial liquidation of North American, is to be
made on the basis of 1 share of the Kansas stock for each 4 shares
The
held
items
205,550
income
railway—J
oper.
169,
tribute
327,514,371 323,295,083
584,025 shares)
Capital surplus
ry.
is
payable
Common
from
Net
—V.
28,908,287
8,877,879
1946
$306,627
125,759
1947
$411,667
185,841
.
$445,379
214,943
From Jan. 1—
Gross
44,101,078
cost)____
1948
..
$477,743
railway——'
railway
from
23,505,818
1949-1951
Gulf Ry.—Earnings—
May—
Gross
Dec. 31/48
J
Denom. $1,000 and $500.
106,399
Kansas Power & Light
59,927,046
and payrolls
Preferred dividend payable May
ities, Corp., Indianapolis,
!?ay h i?49: maturing May l, 1964.
payable
48,353
8,923
;/'
12,891,000
16,976,617
reserves
liabilities—
and
offered to residents of Indiana
only.
88,004
Net
$0.51
LIABILITIES
66,675,592
against
receivable
Accounts
City Secur¬
were
r* 81,764
Kansas Oklahoma &
securities
Total
the
on June 13 offered $170,000 5%
Sinking fund debentures due 1964 at 100 and interest.
148,000
669,000
4,61tt,8o8
■
bills
cost)
held
Insurance
!
The debentures
713,549
$0.68
27,831,261
(including
_______________________
and
(at
(at
serve
Account
the
Indianapolis Public Loan Co., Inc. — Debentures Offered-—As mentioned in our issue of June
27
4,946,399
223,200
.
period—$103,984,631 $93,619,702 $88,720,613
OF CONSOLIDATED
notes)
Miscellaneous
share
vn^as, °TCizl1 Apr,U 21' 1949 in' Kansas and acquired
£ P16?110®1 Machine, Inc. Company manufactures plows
to develop other farm
992,225
$ j,004,654
$7;689,650
1,005,588
selected Union Securities Corp. to form a group to negotiate for the.
purchase and distribution of 550,000 shares of Kansas Gas and Electric
Co. common stock
(no par).
'
' '
'
<
The Union Securities Corp. said that it was planning to distribute
the stock, subject to clearance by the SEC on July 7.
y.:]l •■.'..//■
.-/i./
Of the total number of shares to be offered, 450,000 shares represent
remaining holdings, of American Power & Light Co., which are being
disposed of in connection w.th its reorganization plan. The remaining
100,000 shares are being sold by Kansas Gas & Electric Co. to provide
funds for its construction program.—V. 169, p. 2753.
"
—$110,299,373 $99,934,444 $95,035,355"
483,475
483,475
483,475
5,831,267
5,831,267.
5,831,267
lower.).
1951, $1.50; 1952, $2.
P
1949—5 Mos.—1948
1949—Month—1948
$1,571,283' ,$1,762,091
Jt. facil. rents
87,105,510
Mar. 31,'49
accounts
Securities
Kan.-—Stock Offered—McDonaid-Evans & Co., Kansas City,
Mo., recent¬
ly offered 1,000
_shares 6% cumulative preferred stock
at par ($100), with stock
purchase warrants.
h
30,673
CO.
RY.
Equi'pm't rents (net Dr)
$7,929,ff45
^
below
or
Current
^ Independent Plow, Inc., Neodesha,
.J?«ach4.preferr^d share carrie8
<
$3,903,262 : $3,903,528
ARKANSAS
&
Other ry. tax accruals—
750,000
89,518,739
J 97,536,906
share
securities
Inventories
the
2752.
$741,203 "$851,336
j
636,492;
4,107
Railway oper. revenuesRailway oper. expenses-
.
_______
and
.
—-
v.
'/ 919,225
5,302
LOUISIANA
OF
,
$10,415,705
_______
common
Government
Liquidating
ha$
ouwanaing.
V.
762,415
.
bvicK
/
(Separately operated subsidiary) // (/
J/ "
Selected—.
..'J'$12,762,467
dividends
Short-term
The receipt by. Liquidating
Railway Corp. of a refund on prior years'
■Federal Income taxes provided
substantially all the funds required
-
111,557
:/
7,982
Federal income taxes—
'
*
/ 5,237,572
ASSETS—
This amount has not previously been reflected in the
Illinois Power Co., the investment in that
subsidiary hav¬
carried at a nominal value.
-
"
,
1947 s
•
income^. 6,618,846
dividends
STATEMENT
Cash
accounts of
.
V.
/
.
187,281
Period End. May 31—
Net
which
in
..
1949—5 Mos.—1948
$3,330,307 $16,812,543 $16,384,803
1,735,113/ 9,360,949
o,866,110
2,040,000
1,775,000
445,060
325,000
908,003
850,000
182,000
160,000 f
Ltd. {& Subs.)—
1948
I
dividend
Earnings—
1949—Month—1943
$19,381,313 $15,653,277 $12,548,703
Surplus arising, from
subsidiary,
Railway Corp
f
$3,3571385
1,935,919
income-
oper.
ry.
EARNINGS
Business
_
2'L^
Earned surplus
.
Earned
erties
June 24 received a liquidating
of $1,300,000 from
its wholly-owned
company
$3.68
>,
(net Dr)
rents
:, /;
$22,436,682 $18,422,019 $15,955,605
2,158,760
2,006,327 : 1,943,353
;_
:
beginning of peribd,
surplus
Common
Co.
Receives $1,300,000 Liquidating Dividend—
Interest
$2,731,813
v
$22,130,451 $18,141,692 $15,694,190
306,231
:- 280,327=
, 261,415
taxes
surplus
Preferred
.
plans
$3,039,517
2,033,000
$3,145,517
854,854
accrualS/v
ry.. tax
facil.
Jt.
$55,624,831 $45,667,328 $39,866,118
33,494,380
27,525,636
24,171.928
___
profit
Earned
for the years
$95,000,000, including
19o3, involves estimated expenditures of
generating station for the company's Northern
lias not yet been authorized.
will
-
$9,065,809
,1,313,304
600,150
4,602,813
1,871,000
,
Profit before
program,
new
Proceeds
taxes
fiquipm't rents (net Dry
<
——_;
*
2£^£Meap;/;otal $8,000,000. The construction
1949 to
•
inc,
Federal income taxes-
48,310
/ i5,211
'$22,700/V$17,595.
the
_
ing been
State
&
1946
1947
5,002,517
1,963,000
5,178,517
taxes
Railway oper. expenses-
10,036
■
>6,608
-
___
Provision for taxes based on
V
Company has filed a registration statement with the SEC proposing
the sale at competitive bidding of $15,000,000 of first
/mortgage bonds!
series
due 1979.
The bidding will determine the
underwriters, the
Interest rate, offering price and
uderwriting terms
amount
inc.
Period End/May 31—
*
1
income
Property
This
110,048
$342,660
$31,780,595 $28,756,014 $24,430,703
—
n
before
Kansas City Southern Ry.
2,438
54,475
1949
Depreciation and depletion
system
Contingencies
company
Illinois Power Co.—Registers With SEC—
,
v
83,864,
$104,516
11,090
of Canada,
"
'
Retirement
.
a
sales
1948
1949
6Mos. End, Mar. 31—.
1,520
'
Manager
expenses.——*
operating
injunction'
court
*'
&
$1.74
$199,003
$1.47
on
3 Months Ended March 31—
Net sales
.3
already, /
///"
charges that would have produced the full *
amount.
The Commission expects to rule
by Oct. 10 on the company's
petition for permanent increases to produce the $34,100,000.—V. 169.
p. 2752.
'
"■■■':.•//
.-:■■■■
Trust
143,657
$234,821
requirements—.
Railway oper.- revenues-
$27,833
paid
International Nickel Co.
$27,037
166,719
vi
$0.13
Z':://< ////, //■//
hiring of men."
Trust
155,888
to common stock and surplus-
dividend
profit ———i/"
Capital shares outstdg./
Earnings per share——
—V. 169, p. 2643.
/,
1946
2,576
-
15,429
$26,231
premiums
Earnings— '
or
that would have restrained the
in
putting into effect
Guaranty
$390,709
Net ry. oper. income.^
—V. 169, p. 2420.
////
,,
construction.
10,896
$22,155
of Canada, with headquarters in Toronto, has been
elected Vice-President of that company.—V. 169, p. 2643.
'
:
:
/;/ /
for shortborrowing.
Construction in the last 12 months, the directors
Aaid, -had been financed by short-term loans, of which about $90,000,000
were outstanding.
•/
;,//■ /■■/'
z
/"
•' / •/
On May 12 the Illinois Commerce Commission
granted the company
temporary rate increases to produce $7,600,300 a year, or less than
a
fourth of the $34,100,000 the
company had asked.
The company
are
10,970
>
.
Machines Co. Ltd.,
[ The directors voted to withhold further authorization
Proceeds
11,971;
'$40,575
deductions
income—-—-
Net
International Business Machines Corp;—Unit Promotes
Official—
i
//'%/;/;
term
then
$452,708
$516,098
125,389
Fed.
purchases of notes receivable,
less recoveries oh receivables written off by predecessor owners, were
charged to income as follows: ;vl948, $23,605; 1947, $78,834;
1946,
$18,262.—V. 169, p. 2753.
'
27
progress
the
halted
$33,051
Joy Manufacturing Co. (& Subs.)—^Earnings—
31
100,419
/
$127,918
18,521
ordinary, charges—
♦Amortization
program of improvements and expansions.
/
The action resulted, the directors
announced,
have
$51,545
,
$417,502'
4,809
63,828
19,082
13,623
*
"Net Inc. before extra-
1947
ordered halter or deferred almost half the
scheduled under its current $100,000,000
-'■/
from a decision on
June 22 in which Judge Frank M. Ptddeff of the'lllinois Superior Court
denied
the
company's
petition for a temporary injunction - which
would have permitted company to collect
an
additional $26,500,000
annually from its customers through higher chargee.
>
'
The directors ordered work halted immediately on $12,000,000 of
improvement and expansion projects already under construction. They
also ordered that
no
commitments be made on contemplated con¬
struction to cost $34,000,000 more.
The delay, according to the an¬
nouncement, is "for a month up to an indefinite period."
Circumstances which forced these decisions, the directors said, also
Will affect employment.
f "First - effects,"
the announcement said, "are apt to be felt by
outside contractors and subcontractors and by the Western Electric
£o. at whose Chicago-Hawthorne plant much of our telephone service
equipment is made.
And as our construction activities continue to
June
company
income
Earnings per common .share—135,000 shares.—
—V. lo9, p. 2420.
.
Illinois Bell Telephone Co.—Halts Work Program—
The
Dr360
Preference
,>//
:
Other
Construction
$440,737
163
Profit
$505,902
3,449
1
$141,286
____
■;/
$9,123
166,719
$0.02
,
119,660
4,845
Interest
$1,418(178
44,437
17,400
——————
Profit before Federal income taxes—
$584,718
bad debts
on
Operating expenses
Bad debts charged off—
Hydraulic Press Manufacturing Co. (& Subs.)—Earns,-
/
155,000
$503,491
12,607
Net
1947
-
133,842
outstanding
Total
loss of $29,479
Net
1948
Insurance commissions
$3.57.
"Includes
-r-v.
12,500
$33,411
Balance applie.
229,205:
$1,43
:
MARCH
$594,533
Recover,
ings of Metro Chocolate Co.,
Net
1,475,517
14,167
Net
unsecured basis.
an
ENDED
1949
-
Interest collected
.
,
Net
•
on
*
$2,160,250
1,584,513
135,000
$2,134,007
163,022
$51,382
Income
Income—
567,176
4
!
were
YEARS
FOR
•
*1948
31—
12 Months Ended March
a
$208,933
128,263-
£
§1949
Profit before Federal taxes,-—$176,415
Reserve for Federal taxes (est.)——
63,349
-
*
*
1949—12 MOS.—1943
1949—Month—1948
accruals^
reserve
Gross
PURPOSE—Approximately $158,300 of notes payable to banks will be
^,paid from the net proceeds of this financing.
: v
*
EARNINGS
for
Presi¬
as
'v
(& Subs.)—Earnings—
$193,817
.
Huyler's (& Subs.)—Earnings—
"
2643.
p.
until March,
name
'
i
169,
Utility oper. income-.*.
Other income (net)—
Rctir.
Asso¬
was
miscellaneous security, and 14.72%
1947-
1948
1349
$15,664
Quarter Ended March 31—r
Period End. Mar. 31—
Operating revenues — L
Oper. exps. and taxes—
making of direct instalment loans to famUes and individuals.
Loans are made only to persons who are gainfully employed or who
have a regular source of independent income.
These loans are mafde
to the large body of workers and persons, of moderate income.
As of
March 31,
1949, 80.97%
of the company's loans receivable were on.
household goods and appliances; 4.15% were on automobiles; 16% were
regular way, unless
or,Cc
Eastern
Panhandle
also
See
BUSINESS—Indianapolis Public Welfare Loan
AND
basis.—V.
temporary
a
on
Jamaica Public Service Ltd.
.
incorporated in 1312 and continued to do ousiness under
1945, at which time the business was sold to
the newly formed Indianapods Public Loan Co.. The latter company,
operated as a partnership from April 1, 1945 to March 31, 1943, and
the partners therein were the present officers of the company which
was
incorporated in Indiana, March 30, 1949. The new company will
continue to operate the business as carried on by the predecessor com¬
panies during the past 37 years. Company operates under the provisions;
of the Small Loan Act of the State of Indiana. The business is. the
that
-
specified.
otherwise
-HISTORY
stock
company's capital
this
in
(par value $1) shall be settled on June 29, 1949.
All contracts on and after June 27, 1949, shall be
dent
ciation
(Kansas)—Delivery Ruling—
Hugoton Production Co.
The
known
coupon paying agent,
City
able id rtho.e or in part on
.
„
nationally
Mr.. Donald, Vice-President of Robert Heller & Associates,
business management consultants, had been serving
,
by
was-elected Vice-Chair¬
Henry E. Peele (not Peelle), former President,
man June
14.
See also V* 169, p. 2752.
Hudson Motor Car Co. (&
paying date Nov. 1, 1949.
Indiana intangibles tax payable
the company. Indiana National Bank of - Indianapolis trustee and'
Securities Corp., sinking juna agencv Can-'
any interest paying date on 30 days' prior
notice before May 1, 1954, at 105%; on May 1, 1954, and prior to
May 1, 135J, at 103%; on .May 1, 1959, and prior to May 1, 1963,
at 101%;. on May 1, 1963, and thereafter at 100%; plus in all cases
accrued interest to the date of redemption. The debentures are callable,
at par and accrued interest only tnrough operation of the sinking
fund as stated more fully below,
"| .
- "■;//
•* <•
interest
Manhattan—Correction—■
Hudson &
:
that
it
48,612
53,792
196,558
126,911
$0.87
$1.05
made for taxes since operations of company
appear that any such tax will be due for
the report states.
;
Volume 170
BALANCE
•
THE
Number 4817
SHEET,
MARCH
1949
31,
'
$674,310;
U.
S.
Government
The
893,385.
accounts
certain
notes
payable,
other
than
and
893,385—V.
This
1885.
p.
will
their
at
in
is
increase
addition
the
to
Robert
outstanding.
V.
White,
earn
>•
)
May—
/
-
' .1949
.
.
1948
$276,55583,958
24,400-
$256,591
51,473
Gross
from •railway—/
from railway—
Net ry; oper. income
.Net
- '
5,629
from
sales
of
Cost
&
General
"I Profit from
int.
and
State
and
Canadian
//
1,232,254
1,061,474
5,778,166
4,351,5.84
1,461,936
1,615,668
-7,903,540
6,751,884
72,705
206,785
79,400
285,231
1,534,641
,
of
income
1,822,453
.,185,227
/ 185,227
assents
whdlly-
subsidiaries
owned
11,449,124
in-"1
-
Remainder
•Net
-
income
for
bef.
.
.
.
Net prof,
.
Profit
on
stk.
//; 740,908 / Z
r.
740,908
•
$0.90'
7,242,033
6,296,207
$lr09 .I;///; $4.83/./;'/•; $4.20
•
Timber
income of-William Bonifas Lumber Co/and North Star
*Net
CO.—v.. 169,
2420.
p.
./
,
;/'/ •'/'v '"■
:' ■. ^ •••*-Z'-z.:/;////■
Lake Superior & Ishpeming RR.—Earnings—
Gross
Net
;
income
oper.
/■'. From Jan. 1— •/ :ZvZ';'
Gross from railway///*.
1,112,102
Net .from railway___^Ll:) .;' 257,567
80,718
2529. •
*
Jlet ry. oper.. income—;
-S •Deficit.—'V.
169, p.
1,023,534
196,757
58,787
V
<
6 Months Ended
April 30—
.
I:;
Cost
of
-.1
Federal
taxes
Earned
,•
outstanding
share__;
/
5,190
.
;
340,000
.
COMPARATIVE
APRIL
SHEET,
BALANCE
$548,537
490,338
.
securities.
Government
S.
Accounts
receivable,
Inventories
Prepaid
Cash
less
._
to
improvements
equipment (net)
for plant
appropriated
plant and
"■/LIABILITIES—
•
,
.
.
•'.
.
-.
payable
___
$271,049
Salaries and wages payable
I
——148,322
Payroll and property, taxes accrued—___
"
56,520
Dividend payable May 23, 1949 and 1948—,—_
171,618
>
Federal taxes on income (estimated)———794,554
Trade
.
Common
•
'
726,574
61,800
490,338
1,174,790
2,969,800
60,000
490,338
'1,174,790"
.2,404,409
$6,138,792
for
Res.
$538,278
167,265
;/ 78,787
122,585
accounts
$5,763,025
employer's liab. not covered by insur.
stock (par value $1 per share)
surplus
Earned surplus—accumul.
Capital
;
._—
since Oct. 31, 1935—
Total
depreciation
After
—V.
169,
of
1949
.//'•/.
2529.
p.
in
$1,009,900
Months Ended April 30—
milled
2
value
Gross
bullion
of
received
Bonus
under
Act
Assistance
——'
produced
Emergency
,
*
its wholly owned subsidiary)1948
'
1949
97,410
—
158,190
(Including Lamaque Mining Co!, Ltd.,
Tons
■
.
(& Subs.)—Earnings—
Lamaque Gold Mines Ltd.
4
.
1948.
$1,040,253 in
and
$1,215,350
$744,728
Mining
Gold
I—.
>
—
' 28.373
$744,728
Operating costs including Provincial Royalty—
824,755
500,744
operation?
investments
I—
$418,968
$243,984
7,696
7,417
$426,664
$251,401
78,594
47,197
Profit
Income
from
from
Total
Net
profit
Earnings per
—V.
—
—
Provision for
163,
taxes on
'
income
(estimated)——;
share
1
p.
—
$348,070
$204,204
$0.12
$0.07
1008.
'Quarter End. Mar. 31—
Gross
income
Net profit
•
and
169,
1948
1947
1946
$2,542,900
$2,188,900
$1,414,800
438,100
360.000
$1.22
356,900
360,000
$0.99
340,500
123,4P0
360,000
360,000
$0.95
$0.34
taxes—
shares
Earnings
1949
$3,770,000
after charges
Federal
Capital
—V.
——:
outstdg.
per share
p.
7.
799,7255
$1,653,026
$710,947
69,376
38,580
207,193
$1,897,565
$1,691,606
$918,139
—
—
a
All
Stewart.
B.
78,407
77,061
74,495
$1,820,504
$1,617,111
$839,732
2,977,306
2,863,806
$0.54
$0.28
2,977,306
$0.61
://.//'.
output for the week ended June 25,
compared with 44,623,000 kwh. for
as
year,
decrease of 22.1%.—V.
a
/ 24 Weeks Ended—
169, p. 2753.
sales
Net
taxes
Income
taxes..——
income
before
Profit
——
—
$2,271,705
Revised.—V< 169,
317,976
$7.14
$2.39
•/'
805.
p.
317,976
.
$2.51
-
.
1
Corp.—Partial Redemption—
McCord
There'have:
$817,853
$759,745
317,976
.i__
Net profit
Capital shares outstanding—
Earnings per share—.
4
*
>
Apr. 16/49 Apr. 17/48 Mar. 22/47
$35,477,950*$26,842.321 $18,608,247[
4,052,405
1,316,845
1,362,853
1,780,700
557,100
545,000
"
■
Output—
1949; totaled 34,760,000
the corresponding weefc
Subs.)—Earnings—
Lukens Steel Co. (&
.
'
:/•?,
Louisville Gas & Electric Co.—Weekly;
Electric
<
kwh.
:-
/
•
.
called for redemption on Aug. 1, next, $25,000 ol
debentures due Feb. 1, 1956, at the principal amount,
therof.
Payment will »-be made at
the Bankers Trust Co., trustee,
16 Wall St., New York, N. Y.
'•
The coupons maturing Aug. 1, 1949 should be detached and pre-;
sented for payment in the usual manner.—V.- 169, p. 7.
•
,
.
/ *
been
l.Orryear 4Va%
are Vice-Presidents, have long
and are familiar with all' phases
three
•
—
Capital shares outstanding.—
per share.
—
—v,. 168, P. 2121.
..
'•//■/ '•/
income
/•/.
j McGraw Electric Co.—Proposed Consolidation—
development.—V. 169, p. 2753/
Electric
below.—V.
Co.
Proposed—
168,
/.
for U.
Canadian
122,223 /
64,536
64,433
Net
profit
Earns,
i 264,442
per
com.
.share
loss.
*Net
•
,
•'1
,
.
Lavedan,, President, announced that during March 1949 the
entered into an agreement to assign to the General Electric
on
the Morrison, 111., plant, which Liquid usbd for the
manufacture of ice cream cabinets and refrigerators until such opera¬
tions
i
of
(
November
1948
March 22,
Repurchase Own Pre¬
-/ ''//// '■
.
Lit Brothers, Phila.—Plans to
The
Stock—/•//;
its
own
affiliate.
Corp.,
Securities
Bankers
applied
_.
a
Philadelphia
issued a
call for
the tender of, its 6%
000
O'Connor, "together with
of
were
•'
cumulative-
Bankers Securities and City Stores plan to tender
up to 9,462 shares at a price ranging from $95.50 to $98.50 per share.
The SEC set July 12 as the deadline for hearing requests.—V. 168,
p. 2121. •;
'
'
/ :■
.
"//
;■///j/-
Co.—Bonds Offered—
The Ohio Co., Columbus, O., recently offered $150,000
3% %;first mortgage bonds, Series A at 102.17,
Dated May 1, 1949; due May 1, 1969. Denominations $1,000 and $500.
(Ohio)
Logan
National
Bank
Home Telephone
of
Columbus,
Columbus,
Ohio,
trustee.
Interest
payable May 1 and Nov. 1 of each year. Bonds are callable on 30 days'
notice as a whole or in part, otherwise than through the operation of
sinking
operation
fund." Bonds* are also subject to redemption
sinking fund. :
::•
of the
through the
,
'/
incorporated on July 28,
1926 in Ohio and is engaged in the operation/ of telephone systems and
in furnishing telephone service to various communities in Hocking and
Vinton Counties, Ohio.
Company serves over 2,700 subscribers in said
counties.
Long distance connections are made through a contract with
The Ohio Bell Telephone Co. "■/,;/•■/?,
••■' /..
'• /
CAPITALIZATION—Company presently has outstanding 2,750 shares "
capital stock ipar $100>.
Company has outstanding no funded debt
except the $150,000 principal amount of 3%% first mortgage bonds,
HISTORY
AND
BUSINESS—Company
r
on favor-*
,
,
substantial
a
hand on Feb..
the company to further improve its position
radio-phonograph field."
the present time is making shipments of a new
receiver and pians to introduce three other 16-inch
end
this
of
July.
have been reduced in excess of
company
fiscal
its
of
ended
year
Feb.
28,
1949,
$1,000,-;
Frank
Freimann, Executive Vice-President, stated July 1.
/
1 He
confidently
expects that there will be a further accelerated
reduction of the company's inventories 6f radio-phonograph combina¬
tion sets.
■
:
•
dealers also reported to Mr. Freimann that May
radio-phonograph combination set's have greatly exceeded
those in months of March and April.
Based on monthly reporting,
this condition seepis to- be general among Magnavox dealers.—V. 169,
Magnavox
sales
of
I /•''•■
2529.
p.
'
-
preferred- stock.
I
on
-.
agreement,
and
close
the
since
which
Bank
Bank,
Bank,
at
the
before
Inventories
►
>
permit
will
television
models
Key
t
:J/,v'
/•''.■//".
'";
tit Brothers had
v
.
.
investment company,
the SEC for authority to permit Lit Brothers to buy
preferred stock from City Stores Co., a Bankers Securities
to
,
.
inventories
company's
im the
company
16-inch
-
1949 the company acquired the business and assets
Oxygen Co. of Philadelphia, Pa., for a consideration
19,000 shares of Liquid Carbonic common stock.—V. 169, p. 2210.
/
has
In
in
..
/
television
The
Paschall
ferred
•
discontinued
were
the
.
Co.—Extends Bank Credit—Reduces
extension," said Mr.
1949,
the
in
lease
of
As
of
1992.
p.
company
/"This
28,
company-
its
The
reduction
F.
P.
169,
/ Richard A. O'Connor, president, stated that the credit
originally entered into on Aug. 15, 1946 had been extended
able terms of the said banks to Dec. 15,
1949.
*$70,631 ./ $431,756
•
Nil /'
$0.37
*$151,939,$106,463
Nil
" "
$0.05
—
4
has formally extended with the First National
of Chicago,
The Harris Trust & Savings Bank, Chicago, the
of
Manhattan
in
New York and
the Fort Wayne National
its line of credit amounting to $3,550,000.
*
•
/
and
S.
taxes
inc.
W.
24.—V.
June
on
Inventories—
398,712
Depreciation
Aug.
on
has acquired
(The) Magnavox
r
$11,638,993 $17,877,728 $22,482,713
608,476
995,103
1,469,731.
486,218
437,477" - 943,511
'773,533
sales
profit after charges.
Co.
and
McGraw
Max
,.
$9,019,420
Net
Net
Electric
McGraw
547.
p.
consider an agreement of merger
this company of Line Material Co.control of the Line Material Co.,
D/Kyle, Jr., Presidents of the two firms, an-,
will
stockholders
The
providing for the consolidation into
(& Sub.)
Maine Public Service Co.
1949—Month—1948
Period End. Mar. 31—
-Earnings—
1949—12 Mos.- -1948
$172,580
$132,437
$1,921,329
$1,533,880
taxes./
127,380
94,360
1,559,586
1,245,880
Utility oper. incomeincome (net/^_—
$45,200
$38,076
$361,744
$288,000
242
15,026
22,535
$38,318
$376,769
$310,535
Operating
Oper.
■
revenues
and
exps.
Dr961
Other
income
Gross,
.
•
income
Net
Earnings
—V.
$44,238
-—
17,083
11,232
160,837
102,950
$27,156
$27,086
$215,933
$207,585
$1.44
$1.30
deductions
Income
-
capital share
per
169,
p.
../
(150,000 shares)—i.
/
2753.
/
was
Majestic Radio &
creditors
The
S.
and
the
Harvey
firm.—V.
on
Television Corp.—Trustees Named—
elected John B. Dwyer, Donald J, Walsh
trustees in bankruptcy to liquidate assets of
2421.
June 27
Klein
169,
p.
.
.
:
Lane-Wells Co.—Earnings—
.
1,011,895
deplet. and amort, of in¬
development costs——
nounced
the
mining
52,057
;
874,756
Earnings
Cambridge, Mass.—Four Promo¬
Planning Committee—
: : /
'
]
service with the company,
McGraw
Ohio
$1,243,723
1947 1
$1,563,178
1948
$2,791,738
'
126,817
taxes,"
—
income
Net
Liquid Carbonic Corp. (& Subs.)—Earnings—
1949—3 Mos.—194g
1949—6 Mos.—1948
Period End. Mar. 31—
'
*
rentals,
tangible
1
to Aug. 1, 1949.—V. 169, p. 2420.
1949,
long-range product and process
on
See
•
—f $6,138,792 / $5,763,025
Total
_
explor. exps., etc.—:
income
ffotal
.
Co.
%
,
expenses
exps.,-lease
Deprec.j
;Ji./'/;.;//
Line Material Co.—Consolidation
12,425
1,772,166
'
$1,828,189
Other
,
Bodman, who has been Director of Research, is appointed'
newly created
position of Chief Development Consultant, to
work
913,750
33,742
500,000;.
2,016,537
....
169, p. 2421.
1949
$2,999,220
296,275
.
revenues
gas
leases aband.,
A.
Alexander
a
_____*
1,390,549
700,389
—:
and ?taxes
and
Admin,
$1,674,135
1,100,400
i,xuu,wu,
.
Earnings—
/ John W.
>
1,035,227
•
insurance
•Property,
i—,
reserve
3 Months Ehded March 31—
Operating'
realignment
a
Provision
1948
-
$752,497
U.
Lone
Oil
due 2003; general consolidated mortgage bonds, series E
interest 4Vz % I, due 2003; and general consolidated mort-
May 1,
records-of
$1.12
30
1949
•
:
.
/of Its activities;;-./ft'.//•;:
quarter and
ASSETS—
from
and
$888,537
377,000
$4,302,466 in the second quarter a year ago.
( Net earnings for the quarter ended April 30, 1949 were $253,479 or
51 cents per common share, compared with $365,798 or 75 cents per
$hare in the preceding quarter, and $321,902 or 66~cents per share in
the corresponding period a year ago.
•
was owned
which invested about $30,000,000 in it and supple¬
including some coal mine property.
RFC officials
Star bought the plant,from the War Assets Administration
$7.500,000.—V. 169, p. 379.
Louisiana Land & Exploration Co.—Earnings—
;
/
.
/
■
.
;
4% ),
James
in the second quarter of 1949 were off 13% from the first
quarter, reflecting both lower prices and slower demand for castings.
The second quarter total was $3,689,758 compared with $4,249,328 in
first
that
In
Sales
the
promote the proposed expansion.
plant at Daingerfield, Texas, originally
help
Steel's
Louisiana & Arkansas Ry.—May
of- the executive organization of, this company,
•Charles Luckman, President, on\lJune 30 announced a number of per¬
sonnel
changes, including appointment of two Vice-Presidents,
and
creation of a Planning Committee, effective immediately.;
*352,167
$612,661
490,338
490,338
$1.26/
$1.25
$619,276
Tex.—RFC Bars Loan—
Finance
See Kansas City Southern Ry. above.—V.
•/*
Exchange on June 24 directed attention to the
general, consolidated mortgage, bonds, "series D (contingent
tions—Creation of
;
__L
shares
per
;
381,000
to
about
Lever Brothers Co.,
/
*437,642
$989,661
income, (est.)
on
profit'
Common
V
$983,537
16,739
$984,471
expenses)
income
Total
'/Net
6,698,297
66,042
V
other
(less
income
said
'
,195,436
,
1.J Balance /
Other
$7,944,245
$1,000,276
exps.___
/""*'■
.,
202,613
1
administrative
and
-
•
Co., Dallas,
facilities,
mentary
•
1948
6,665,514
87,421
products sold J_
.
Depreciation
Selling
$19,530
by the government
Barnett, ,; Vice-President and General Manager , of the
company's Pepsodent- Division in Chicago, is named Vice-President in
charge of advertising..
;
; ,...
.
/
•1947 •'/;
i/ William H. Burkhart, who has been Director of Manufacture,, ia
$6,925,565
*
promoted to Vice-President in charge of manufacturing and traffic.
5,825,750
Dr. Theodore H. Rider, formerly
Associate Director of Research,
:/'•• 56,821
J ///'/■:;,/ ./'//i"/-'v/",•/,■//
/:.175,246 /becomes Director of Research, /y/v-.;,
//• Named to the Planning committee, which vwill assume responsibility
for a long-range planning and which also will be given special assign¬
$867,749
ment by
the President, are Robert F. Elder, Arthur P.' Maclntyre
20,788
-Earnings-^-
1949
$7,939,086
sales
1,066,212
278,744
83,050
York Stock
(contingent
.
;
Net
50%
last
257,451
.
Lakey Foundry & Machine Co.
$21,710
turned down
the proposed
1
the RFC advised company's officials that if they would
equity
capital, it
would consider matching the equity
Lone Star
the
Exchange Ruling-r
The New
ties
*64,866
47,355 Z
/
$22,387
.
Steel
Star
However,
Ykagfe bonds/series F (contingent interest 5% ), due 2003, when ad'*
mitt^d to ,Mwben. issued" dealings shall be dealt in ''flat,'.' and that
purchasers of the bonds "when issued" will not be entitled to the.
interest'to be paid upon consummation of the plan on the old securi¬
$87,660
'56,096
863.336;
181,129-.
186,047
—•
Reconstruction
raise
gave
of
obtained.
were
interest
,n
*
$425,642
244.052 / *
186,003 y
$466,031
: 243,285
railway
1946
1947
,
$459,241
250,600
152,520
railway
from
from
Net ry.
1948
1949
} May—
...
15,816
$25,965.
"
/
1,637,226
1,349,414
shr.
com.
common
per
:
p.-2644.
investment
for
June 23
on
Stock
7,037,115
7,982,941
fact
V
14,655
Corporation on June 27
a
request for a $74,103,000 loan by this company for
expansion of a wartime built steel plant in Texas.
date* on. which the assents to the plan becoriie binding was
set as Aug. l by the ICC, although the road said it could complete the
necessary details by July 1.
///i/'V1;'/
prov.
stock divs.
Prov. for pfd. stk. divs.
pid.
14,456
The
,
: V-.,.1
Net
$36,843
18,305
income
The
2529.
outstanding. securities
647,785 I / 345,656
/
/
its final approval to the plan by which
road and certain of its subsidiaries will
be altered in accordance with an agreement'reached with the holders.
i'if Outstanding bonds of
Lehigh and some of its subsidiaries are to be
extender!
and
outstanding stock of Lehigh (par $50)
will have no
par value.
'
/•".,/
The plan was worked out in-the face of maturities of about $45,000,000 coming due in the next seven years, most of them by Oct. 1, 1951.
Under the Mahaffie Act, if the assent of .75%
of the holdings of rail
securities can be obtained, such voluntary alterations may be made
to
avoid
or
terminate
rail
bankruptcies.
More
than the required
The. ICC
,
452,963
14,329,491
96,441
244,724 *
int.
(est.
taxes
come
oth.
income-—
oper.
169; p.
$35,347
2,064!
taxes
income,
Net
Lehigh Valley RR.—Plan Approved by ICC—
>•
,
,
10,996.161
284,523
138,942
2,773,583
2,933,914
_______
Bond
/
155,718
(net)____
income
Gross
14,044,968
2,634,641
2,783,196
operats._
Other income
-*
2,055,887 '
exps.
ry.
—v;
<
railway
$36,365
1,181
$44,271
Federal
Lone
43,097
10,309
1,354,555
...
,424,963
132,800
$33,282
<
charges
—V.-169,
■
1,437,628
424,126
124,619
1,209,918
271,690
56,054
4,827
$35,136
1,229
5,
96,087,379
77,835,558
7,993,342 v, 7,255,661
21,649,521'
1,915,962
21,261,394
selling
* *
'1
.
25,200,124 117,475,752
95,437,442
26,100,477
sales
Net
/
$
$.„,$
from
Net
1949—12 Mos.—1948
1949—3 Mos.—1948
Period End. Mar. 31—
Net
Subsidiaries)
Wholly-Owned
(Including
-
$231,828
64,184
15,8i5
-
831
for
available
for
on
'
'
'1946
$186,731-
1947
.
10,709
•
\
.
-
railway
•
-
$48,819
4,657
$35,662
$43,440
income
fixed
j
Prov.
$500,000
/■••••
30,172
,
10,967
#
5,259'
6,675
-
income
Income
President,
than
more
Lehigh & Hudson River Ry.—Earnings—
•«"
,
Kimberly-Clark Corp.—Earnings—
operating
,
'
confirmed estimates that the company
in the six months to June 30, 1949,
despite a net-loss of $148,407 in the first quarter.- For the first six
months
of
1948 company
had a net profit of $1,513,392.—V. 169,
p.
1885.
•.
-»
would
Gross-
;
Net
Other
indebtedness.
arrangements
No
11,348
/
$50,760
f
income
(
financing at this time.
additional
•;
„
eral
authorized indebtedness ,pf
present
is
$12,258,000
undertake
to
37,778
$52,269
Fed¬
than
other
Taxes
apZ
28
June
52,971
$62,748
""
,
revenues—
Depreciation
-
which
of
made
been
From Jan. 1—
l
meeting
annual
adjourned
64,891
'
/r
1945
$78,991
$88,539 v
12,632
f
oper.
"./ 1
1946
1947
$105,241
$127,640
Operating expenses
Net
YEARS
CALENDAR
FOR
1948
/
..
.
Operating revenues
plants
these
at
$9,000,000 increase in the company's authorized
a
$13,000,000,
insurance
169,
be' transacted
stockholders
The
proved
accounts payable, $1,218,430; accrued taxes,
income, $94,512; accrued payrolls payable, $67,-
on
will
Lehigh Coal Navigation Co.—Authorized Debt Incr.—
$23,680;
taxes
accrued
and
July
to
during that time
and it will be impossible" to receive or deliver any materials from those
plants.
All
showrooms,. branch offices and warehouses will remain
open, however.—V. 169, p. 2105.
1 *• *
to banks, secured by proceeds from
drilling contracts (contra), $1,620,000;
payable
July 2
business
have
receivable
from
No
payable, $2,133;
accrued interest payable,
$10,574; Federal and state taxes on income, $52,170; due to affiliated
companies, $126,354; dividends payable, $583; notes, payable to bank
(3a/4%>, $6,325,667; cumulative convertible preferred stock (par value
$22.50 each), $1,211,535; common stock (par value $1 each), $1,052,624; paid-in surplus, $3,191,689; earned surplus, $2,895,555; less cost
of 12.3 shares of common stock held in treasury, Dr$22; total, $17.,902;
Philadelphia,' Pa.,
period
offices at Bridgeport
be closed during the
and
*
;
-
LIABILITIES—Notes
'
and
that its mills
Glasgow, Va.,
11, 1949.
announced
company
STATEMENT
INCOME
»
-
accrued
L.
7
(7)
CHRONICLE
FINANCIAL
&
(James) Lees & Sons Co.—Vacation Closing—
"
bonds (at cost plus
interest), $1,594; notes receivable, less $9,834 reserve for loss
and $4,000 notes receivable discounted (approximately $20,983 secured
by mortgage on drilling tools), $22,914; accounts receivable—customers
and others, less $5,847 reserve for loss, of which $1,457,798 is pledged
to secure $1,281,338 notes payable (contra), $3,221,248; due from af¬
filiated
companies, $24,776;
due from oflicers and employees
(less
$2,750 notes receivable discounted), $27,836;
contracts in process—*
expenditures on
incomplete contracts for others—contract" value of
footage drilled $112,713 of which $50,265 was pledged to secure $38,662
of
notes
payable (contra), $56,727; inventories, $1,297,755;- deposits
and
advances,
$31,585; prepaid expense, $156,071;. investments and
advances, $478,325; properties, plant, and equipment, (after reserves
Of $5,085,994),
$10,770,655; deferred charges, $1,129,588; total, $17,ASSETS—Cash,
COMMERCIAL
•
!■
.
-
,
series
A
(now
offered).
Authorized
total
$200,000.
Maracaibo Oil
The
of
the
PURPOSE—During 1948 the company made substantial improvements,
extensions and additions to its telephone facilities and is presently in
priced
installing a considerable amount of automatic equipment..
The net proceeds derived from the sale of the $150,000 of series A bonds
will be used in part toward the payment of the aforementioned im¬
1,487
the process of
provements and the balance will be
added to working capital.
Alfred
titled
Other
stock
Exploration Corp.—Rights—
corporation is offering
company's stock for
at
J.
stockholders the right to buy one share
each eight shares held.
The stock is
$5 a share.
The offering is not being underwritten,
Williams, President, has agreed to exercise rights to
but
buy
651 shares, to which their holdings en-,
them.
Mr. and Mrs. Williams will buy 17,862 more shares if
stockholders don't buy this much.
The total amount of new
up for subscription is 49,500 shares.
The offer is being made
and
shares
.
his wife
8
(8)
to
THE
stockholders
raised
of
record
July
will expire Aug. 9.
Funds
used
to develop
properties now
new properties.
13.
Rights
by
the stock saie
will
be
by the company and to buy
owned
COMMERCIAL
operating
FOR
QUARTER
ENDED MARCH
Three Months Ended March 31—
„
operating income
Operating chgs., inch ueprec.,
Net
operating
Other
income
Income
mile
Other
other
charges
Provision
for
115,522
etc—
chgs.
(interest,
Federal
and
inc.
etc.)-
income
Number
—V.
shares
of
Earnings
*
-
23,5yO
r
$0.15
:
^
directors
dividend
t
June
on
took
27
action
no
declaration
the
on
Net
Net
last,
Michigan Bumper Corp.—Listing Authorized—
Detroit
Stock
corporation
to
date
set
will
—V.
be
169,
list
Exchange
195,000
alter
lue
has
shares
approved
of
its
the
ry.
Gross
from
trading
The
this
V
The
issue
at
Barney
The
awarded
was
the
& Co.
sale
June
were:
28
Halsey,
on
of
bid
a
v,'
-
Inc.,
Other
100.281;
the rate
follows:'
as
(a)
;'<v
:■
v
apply
"
ot
Interest) of
March
(b) To
(c)
To
1949
the
of
dividends)
cumulative
the
notes
i
payment
4%%
promissory
of
preferred
of
its
stock
"-
the
sale
payment of expenses incident
the
debentures; estimated at
of
provide
funds
for-
expansion
reimburse the company's
this purpose—
v
to
Net
*
facilities
and
CAPITALIZATION
UPON
OF
Authorised
2%%
due
series
1969
due
.»
1969
*
—
♦3/4 %
cum.
Common
preierred
stock
•Amount
limited
may
tures,
:
(par
that
40,000 shs.
'
t
3,500,000 shs
the
The
that
of
shares
of
incorporation
4%%
the
of
cumulative
be
reissued.
HISTORY
f
AND
BUSINESS—Company
12, 1898, as Detroit City Gas Go.
Consolidated Gas Co. in
August,
—"
'4
;
>
j\.
Ann
Arbor
the
gas.
The
tured
lands
on
Within
in
the
648,250
appliances.
supply
In
of
west
State
gas
209
owns
wells
gas
Michigan. Its business is conducted
Michigan; As of Dec. 31, 1948, the
of
operations of the
company
districts and one production and
distribution
The
Pipe Line, all of the
common
divided
are
during
2,357,700.
amounts
agreed
to
be
of
the
by
purchased
them,
purchasers
and
respectively
principal
as follows:
|000's
Lehman
A.
G.
Co
Brothers
Becker
Drexel
&
&
Co.
$1,580
—______
Co.
Inc.—
________
Eastman, Dillon & Co
Equitable Securities Corp..
Harris, Hall & Co. (Inc.)_
Carl M. Loeb, Rhoades &
n
«
Paine,
_
•
-,7rrr
„rt„
E. H.
—•'V.
Jackson
r
Rollins
Salomon
&
Bros.
169,
p.
V
Omitted
1,530
Schoellkopf, Hutton
Pomercy, Inc.
1,580
Lee
Higginson
i,580
Coffin
1,580
Stroud
1.580
Di<-k
1,580
&
&
&
$1580
L340
Inc.—
Inc
—
Sons
1'580
Rotan, Mosle and Moreland
Crouse & Company
Inc.
1,580
Hallowell, Sulzberger & Co.
1,580
Harold
2754.
500
500
500
200
100
Revenue
passengers
i
_
~
carried
—
.___
Mail,
Mall,
Net
Net
express
and
express and
freight tons
freight ton miles
profit
for
the
first
five
1949
99 f>9%
31 675
16,052*.778
15,676,122
9 52R 497
60 78%
211
69,667
was
*>$53,162
$90,563.
•Earnings
1,305,255
740,458
*
226,155
;
Total
For
1947
This
1946
4
v*
127,546
t-'x
,
92,567
»•'
*
v!
1,363,272
421,009
270,314
818,121
:
310(351'
V:
Sept.- 30, -corporation
expansion, modernization
postwar
'
fiscal
in
the
•;■
.
and
years
the
<
current
in
program
W.
Mason,
includes
A
year.
1950.
smaller
;
will
As
June
30
six
March
:
•
1
said this
being spent
expenditure
will
also
31,
1949
From
oper.
should
earnings
said
be
directly
to
the
results
in
the
that
favorable.-
Operating
1949,
including $48,027,350
1947
1946
$2,610,397
447,920
202,894
"
240,064
195,906
12,793 970
12,047.050
2,873.687
14,733,311
2,759,690
2,186,125
403,454
1,338,318
1,077,580
862,526
*470,691
.
-
income—
169,
1948
518,989
13,723,105
railway
railway
p.
-
$2,124,356
*79,169
'
2530.
Period End. April 30—
revenue
ductions
Fed.
&
Net
(net
State inc.
April
and
to
income
Number
certain
of
1349—Month—1948
1949—10 Mos.—1948
$931,737
$10,563,184
691,712
10,045,300
$6,635,249
8,402,343
$240,025
$517,884
*$1,767,094
capital shares..
•Loss.—V. 1G9, p. 2422.
7,123
electric
output
24
Co.—Hearing July 7
hearing for July 7
a
and Worcester
upon
County
Blond Issue
on
the bond
Electric
financing
Co.4
'
■
its
proceedings
England-
instituted
Electric
on
System
subsidiaries, which raises the question whether
order permitting the issuance of notes by the
previous
a
in
the
of
part
and
light
'
the
of
parent
sale- of
*'.' '•
to
absence
refinance
(V
t
of
to
immediate
an
said
shares
common
notes;
the
•»
program
on
through
in part,
parent.—V.
the
169,
2754.
''''to*..'*'**/:' 'V ">
'/r'-.i
p.
••-'.New England Telephone & Telegraph Co.—-Earnings—
,
Period End. Apr: 30—
:
1949—Month—1948 ! '
1949—4 Mos.—1948
/'Oper. 'revenues$13,653,233 $12,815,931 $53,626,253
$51,209,317
Uncollect, oper. rev
26,790 ; ";" 26,671
1 89,236 "
100,170
Operating
revenues..
expenses
taxes
-
______
$13,626,443 $12,789,260 $53,537,017 $51,109,147
-11,452,703 -10,908,519
45,207,927
43,105,433
1,045,313
834,202
3,991,336
3,562,039
..." Net operating
income
charges
after
—V.
169, p. 2422. *
$1,128,427* -$1,046,539
415,548 >
593,344
14,029
349
$4,441,673
1,870,158
2,573^63
'
May—
Gross
•-
Net
ry.
v!'
1949
.
from
railwayrailway-
from
$853,509
income..
129,354
oper.
Net
from
Net
ry.
-
—V.
169, p.
cumulative
175,421
4,231,736
-
5,092,901
4,262,414
2,259,725
1,690,116
934,556
1,008,182
728,916
2422.
260,658
-
Bank
preferred
has been
stock
See
registrar of the 4%%
offering in V. lo9,
■"
Norfolk Southern
Net
from
Net
ry.
railwa3r—
* V
'
1947
1946
$775,039
$692,494
$512,432
146,700
45,578
*64,654
:
103.947
income—
oper.
' •!-_
1948
>
$096,899
railway.
-
Y-
Ry.—Earnings—
1949
from
Gross
3,434 657
Corp.—Registrar—
appointed
(series ,1949),
May-—
Gross
121,335
13,667 :
V.
2645.
p.
$626,089
230,930
income..
Chase National
The
1946
.
363,014
New York State Electric & Gas
•!
1947
$861,542.,
479,993
724,672
J
railway.
oper.
1948
$1,030,253
329,781
1,741,737
From January 1—
Gross from railway-
41,683
59,562
•34,444
*136,184
"3.616,823
3.720.619
3,502,386
3,076,541
746,535
733,348
561,783
249,060
250,294
105,861
January 1—
from
Net
from
Net
ry.
railway™
railway
income
oper.
•
.■
•Deficit.—V.
169,
•
249,762
\
*134,568
2531.
p.
North American Co.—SEC to Approve Plan Transfer¬
ring West Kentucky Coal Properties to Union Electric
Company—
decision
a
announced
the plan filed by
Coal
69,747
Cr363,443
$494,303
>225,9.96
$385,4:2
*$1,473,398
1,000,000
749,987
1,000,000
749,987
properties,
Subject
its
349
Co.
June 24, the SEC stated that it would
ap¬
North American Co. for the transfer to Union
(St.
Louis)
provided
the
of
a
plan
portion of the West Kentucky
is modified in certain minor
particulars.
1942
*•
the
to
order
relationship
and
132,073
$4,337,754
-
New Orleans & Northeastern RR.—Earnings—
;
In
de¬
taxes.
reports
168,294 kwh., or 1.14% below
the .corresponding week a year
ago*
week is reported at 116,188,000 cu. ft.
for
two bond financing proposals with
12, 1949, and directed against New
modify
prove
$501,778
Dr)-
Association—Output—
decrease of
cu. ft., or 15.05%
below production of
corresponding week a year ago.—V. 169,
the
company
Electric Co. of Missouri
$1,683,156
1,181,378
expenses
Net oper. income
Other
income
and
$0.25
*294,092
•
National Airlines,
Inc.—Earnings—
Operating
Operating
'
,
the
From
Ry.—Earnings—
$2,876,493
January 1—
from
oper.
St. Louis
455,349
"
922,100
$0.44
off promissory notes and the
balance, if any, for construction; /
The
Commission
also
consolidated - the- proceedings
with
respect
to
;>
over
cash
$2,702,558
income—#
921,300 *'
:>'
,
securities, amounted to $70,543,560 compared
earlier, he said.—V. 169, p. 2422.
railway
railway
-
previously
Net
-
months
from
?
232,154-
20,580,000
for
ordered
the
1946
$666,880
402,199.' "4
reported, the bonds would be offered for sale at
ocmpetitive bidding, $5,000,000 of Series C, 30-year
first mortgage
bonds
by New
England and $5,500,000 of Series A, 30-year ♦ first
mortgage bonds by Worcester; Both would use the proceeds to
pay
period.
at
Government
May—
ry.
has
of
1947 v
$962,491
;!<-
48.
,
ending
Nashville Chattanooga &
Net
to
and
President,
$15,000,000
year
from
SEC
proposals
90,011
year,
stockholders, George
corresponding 1941
Net working capital
Net
1948
13,096
,
336,361
-Completion of $54,000,000 Ex^
its
921,300
24, this Association
a
June
of
Operating
fiscal
piesent
on
the
ft.
cu.
Operating
credited
present
satisfactory
effects of such expenditures and
$63,777,477
.
123,896,523
682" in
'
323,4a3
2422.
p.
the
Gross
for
decrease
a
is
j:
$0.29
168, p.
June
This
New England Power
The
*7,381
and lower costs of
materials and parts have partly offset
price reductions on Kelvinator and Nash
products, he said.
Evidence of the corporation's
growth resulting from its expansion
and modernization
program, and of the large capital requirements re¬
sulting from price inflation during and after the
war,
were
pointed
out by Mr. Mason.
He cited a 43%
increase in building floor space
over
prewar, dollar value of sales 220%
higher in the first half of
this year than in the like
1941 period, and dollar value of inventories
327% higher on March
31, 1949, than on March 31, 1941.
He also
noted increases of
32% and 83%, respectively, in production of Nash
vehicles and Kelvinator
appliances in the first half of this
with
output
is
issuance
$79,972
*27,490
-
ended
V,M
1948
$883,814 >
270,684
$0.14
p. 2754.
...
1946
"
$321,410
\-
86,636
1,114,940
4
335,332
.
1947
■
$307,194
117,955
■V
,
.
'
r>
,
taxes;—V.
14,812,134 kwh.
'
1,303,546
1946-49
the week
the
-1943
>-
•
its
purposes
S.
from
'
"
,129,221.
917,300 - '
share
per
income
136,768,000
•it:;.-;-}.;
'i
1949
$621,806
14,643,840 kwh.
Gas
1948
economies
U.
$
125,213,715
decreased
Subs.)—Earnings—
inc.. taxes
production of
recent
and
$
20,411,510
operation
New England Gas & Electric
477,487
-
-
369,445
program.
quarter
from
237
of
'
-
Mason
current
ry.
3j 828
$53,909
months
Mr.
beneficial
Net
1Q4R
beiore
subsidiaries
$54,000,000
to
♦
Year to-
169, p. 2422.
revenue
Net
largely complete
Net
80,685
profit after income taxes
1S49.—V.
Capital shares outstdg._
Earnings—
v
169,
of
in
stores
Quarter End. Mar. 31—
of
1949
income
•Deficit.—V.
99 85%
"'sg 31%
—
1,631,403
808,162
78,378
letter
Gross
9 36O 908
pltpn,^6
SCat mUeS f!0Wnr
———
Revenue passenger miles flown_
Revenue passenger load
factor—
~
46,242
406,475
102,573
end
the
100
Inc.
1949
Operating efficiency
a
covers
100
Mid-Continent Airlines,
Inc.—Earnings, Etc.—
Month of May—
638,215
$324,125
product
100
E„ Wood & Co
Mason-Hagan,
1,000
600
Hutzler.
&
102,743
81,261
1,000
—
Merle-Smith
Eall, Burge & Kraus
Blunt, Ellis & Simmons
Watling, Lerchen & Co.—
&
174,353
1,862,534
405,925
income—_
spent
for^ such
.
Corp.—
Burr,
Co.,
&
1,580
r
Webber,
000's
Omitted
_
White, Weld &
$273,123
.
.
railway—__
oper.
the
By
In.
the
are
,
.7
stock
the
names
of
18,
Gross
$373,343
193,011
1,789,649
Nash-Kelvinator Corp.
pansion Program Near—
new
1940
by
UNDERWRITERS—The
at June
•Before
January 1—
railway
railway.-
ry.
in
equivalent to interest on
Austin Pipe Line to
defray the major portion of
the cost of construction
of the transmission line
and related facilities,
plua depreciation and taxes.
Consideration Is being*given to the dis¬
solution
of Austin
Pipe Line and the transfer of its
property and
assets to the
company.
borrowed
money
number
Profit
1946
'n
from
have
:, '
1947
v
100,703
V
•Deficit.—V.
district;
of which is owned
by the
spring of 1948 a 24-inch piDe line
in length which connects
the Detroit District
completed
658
*
1943.
....
83,686
from
Net
into
approximately 140 miles
*•*« the Austin Field, an underground storage field in west central
Michigan owned by the
company and to be leased to Michigan-Wis¬
consin.
This transmission
line, together with related facilities, is leased
by Austin Pipe Line to the
company,
As rent under
the
lease the
company is obligated to pay an amcunt
Jj
Net
entirely
had
pipe line
population
eight distribution
districts, had an aggregate
(estimated on the basis of the Federal
census) of
Austin
From
Gross
company
and
4
$425,395
income
oper.
Offering—Paine,
a
June 19,'48 June 18,'49 June 19,'48
20,663,360
The
-Earnings—
railway———
from
ry.
share.
a
1801.
p.
*
$
$1,255,734
rights
gas
central
properties
company,
has
and
$1,128,251
1949
Net
Company
Grand Rapids,
Muskegon and
is supplemented by manufac-'
Detroit,
natural
also
company
customers.
The
eight
gas
$98,861
$367,194
135,479
lailway—
railway—
from
$8,875
National Tea Co.—Current Sales Increased
1.2%—
98,503
from
Net
Ludington.
sells
92,455
"
169, p. 2530.
Gross
pian.—v.
secondary distribu¬
stock (par $i) June 28
"Sales
$1,384,237
7,705
.! 1949
railway!—
Montour RR.-
•
at
I08,
of
271,393
•
7,705
^May-
The company is
engaged ibrthe purchase, distribution and sale of
natural gas in
Detroit, Grand Rapids, Muskegon,* Ann Arbor, Mount
Pleasant, Greenville, Beldlng and Big
Rapids,4 and certain adjacent
territory, and'in the production, distribution and sale of
casing-head
gas in
Muskegon and of manulactured gas in
also
.
$1,220,706
■
in Michigan;
changed to Michigan
Baumgartner
tne
Weeks Ended
r
V
''/V
' '•! v'
Monsanto Chemical Co.—New Director of Unit—
Incorporated
was
Name was
Mr.
under
June 18,'49
,.r
.
•
Jan.
'
21-r'21
J.
Healy, Jr., Assistant General Manager of the Merrimac
of Monsanto Chemical
Co*, has been elected a memper of the
board of directors of Merritt^Monsanto
Corp. of Ldckport, N. "Yt< which
manufactures
equipment for
the -plywood
and .veneer
industries.—
V. 169,. p. 2530.
:•. !>••
company,
as
stock
to
made
5,864,668
$84,994
railway—_
.
.
<
'/■ 1
oper.
2,000
be
$1,655,630
$106,566
_L
plans
7,324 shares of common
$18.50 per share, less $1 to NASD members.—V.
168,
$7,520,298
$1,545,256
324,550
Division
for
:
$7,679,843
6,134,587
$102,698
:v.r
and
to
are
649.
'
477,745
_
-
1949—12 Mos.—1948
$134,286
-
share
a
National Research Corp.—Secondary
•.%
:
preferred
.
'•
.-John
outstanding shares of the 4%%
by it may from time to time
been
,
Webber, Jackson & Curtis effected
tion
■
under
certificate
provides
*yr-
in >trust
other sales
p.
$612,031
V
24,969
net_
-
3,330,569 shs.
irrevocably deposited
*260,304
*1,008,322
3o4,512
„
v
terms
necessary to redeem all
preferred stock will be
$8,125
i'
9,713,526
'
+1,430,990
railway—__ $16,029,473 $17,378,015 $15,907,677 $12,277,356
Net from
railway.—
3,053,768 ' 3,870,146
3,548,254 r 1,686,745
Net ry. oper. income—
1,442,201 " 1,750,427
1,719,278
302,422
■"
*<',
•£.
From January 1—
Gross from railway—__
82,908,329
85,323,504
79,612,142
68,214,752
Net from
railway—j, 17,150,305
17,557,733
19,281,011
13,222,269
Net ry. oper. income—,.
'8,557,669
- 7,829,104
i: 9,527,393
5,980,778
—V. 169, p. 2644.
' V'*"} ■ ";v ' .■
*
6,895,000
25,000,000
at
No
5,116
•
$127,668
;'mmi
2422,
May— 'i;
:>•£;
.7
;
111,769,291
*1,334,342
-493,281
r
from
Gross
the company's mortgage is. un¬
thereof, additional bonds of any
tConcurrently with the issue and sale of deben-;
to
be issued.
purpose.
amended,
$100)
—_
issuable
subject
funds
cumulative
redeemed
(par
$14)_.
bonds
of
and,
series
stock
taxes—
——
—
p.
from
9,794,663
5,820,000
3%% series due 1969——„—i!_
3%% sink, fund debs., due
July 1, 1967 $25,000,000
163,187
.
Missouri Pacific RR.—Earnings—
FINANCING
$36,660,000 -'
.
193,801
...
ope^ income—'_
ry.
"
Outstanding
;
.7
has
a
plan under which 4,000 shares
treasury stock were sold to L. H. Hunter and C* M.
Baumgartner,
Vice-Presidents.
Of the total, 2,000 shares were sold to
Mr. Hunter
January 1—
Net
to
PRESENT
finance,
•'
'v.
1949—Month—1948
pfd.j stock—
from
—V.
bonds..™—r
series
and
from
Net
,
•
mortgage
Net
7,295,312
.
COMPLETION
of
of
$2,116,818
448,250
-
'
Missouri Illinois RR.
Gross
,
charge
The stockholders last week ratified
'1946
-
<
*203,304''
•
$620,949
May—
From
treasury for expenditures made
in
1336.
p.
National Radiator Co.—Stock
Options Exercised—
Ry.—Earnings
$2,529,245
169, p. 2422.
income
169,
Net ry.
<
v
169,
new
Natomas Co. (&
200,000
of
26,372
1947 i
■
12,014,194
293,033
income
Gross
and
for
First
~V.
4,320,000
issue
the
12,254,018
"648,068
Int, & other deducs.;
,•
—
(d) To
■'
income—
-v:
*
-'r.
1
•
104,553
;>r-
■
rai, way-
exps.
Gross
5-*
;
1948
«
,
114,451
railway--—i._
Divs...on
;
of the principal amount (exclusive of
interest) oi, and prepayment premium on, outstanding promissory notes oi the company's subsidiary,
Austin
Pipe Line—
■
82,766,739 " $2,707,550
346,865 i
323,257.
_
revenue
Oper.
$3,500,000
payment
630,632
126,408
& Sault Ste. Marie
1949
Period End. Apr. 30—
.
Gross
'■
,
accrued
(e) To
railways-
oper,
Balance
(exclusive of
outstanding'
790,274
273,019
125,302
at
bids
r
——
price
shares
•23,028
2422.
p.
-
"Deficit.—V.
outstanding at
___.
redemption
<.0,000
169,
railway—
income—
from
ry.
•
31,
the
accrued
its
*443
'
Mississippi Power Co.—Earnings—
,
Vice-President
company will have a capitalization of $10,000,006.
Under
the proposed by-laws, stock acquisitions will be limited to
$100,000
per investor.
The stock of the
company will not be offered' to the
public. It was said investors
already have pledged sufficient funds to
linance several pictures.
There is no limit on the numbex_of investors
but only exhibitors will.be allowed to
invest in the company.
S. H. Fabian,
President of Fabian Theatres Co* of New York was
named President, tOther members of the
executive, committee include:
Sam Plnanskl, President of
American. Theatres Co. 01
boston, chair¬
man; Ted R. Gamble, President of Gamble
Enterprises, Portland^ Ore.;
and. Ed win. Silverman, President, of Essaness Theatres
Corp., Chicago, 111.
The new
company will release its pictures. through present distribu¬
tors, such as United Artists, Eagle-Lion and other firms
willing to
handle its films.
It expects to begin operations in about
a month.
-
,
To the payment, or to reimburse its treasury for amounts
for payment, of the principal amount (exclu-
Mitchell,
group of motion picture exhibitors on June 27 announced
form this company to finance film
productions.
"
The
$103,458
.
1&'€57
.-
97,767
-
Smith
expended
slve
21,653
'■
260,770
Gross from
($25,109,975)
proceeds
'
7
•
.
the
A.
director.—V.
a
A
to
1946-
.
$152,422
38,287
859,714
oper,
Net
*
to
,
"
dispose
to
1947
_
50,659
37,445
from
from
ry.
Net
and
intends
authority
1948
159,951
From January 1—
par.-
PURPOSE—Company
.
,
National Exhibitors Film Co.—Soon in
Production—
Companies—
' $171,483
-
*6,095-
■"
Net
Blyth & Co., Inc. (jointly), 100.16, both for 3%s.
are
subject to redemption at prices ranging from
They are also redeemable under the sinking fund* at
of $500,000 principal amount
annually beginning July 1, 1950.
to
George
elected
.
760,912
i
Net
debentures
104.625
,
New Director Elected—
input of subsidiaries
for
railway.—
\
/'
-,
...
100.4399.
Stuart & Co.,
SEC
1,636.,
Minneapolis St. Paul
due July 1, 1907. The debentures are priced at 101.625%
and accrued interest' to yield approximately 3.75% to
5-_-'/ '■;
the
to
$120,036
.
_
oper.
the SEC;
with
Co. and Lehman Brothers ottered to the public June 29 a
issue ot $25,000,000 3%% sinking fund debentures
>
the System
railway
income—
from
•Deficit.—V.
of
new
'
1949,
applied
Income—
oper.
ry.
Gross
received
railway—.
railway-
•'May—
.
.
Inc.—Weekly Input—
23,
1949
Net
Michigan Consolidated Gas Co.—Debentures Offered—
An investment banking group headed by White, Weld &
maturity.;
*
"
2105.
P.
"
From Jan. 1—
•
*
stock.
common
Co.—Secondary Offering—A second¬
distribution of 36,000 shares of common stock
(par
was effected June 28
by Merrill Lynch, Pierce, Fenner & Beane and
associates, at $32^ per share. Dealers
discount 75 cents.
$10)
experi¬
'
application
becomes eifective
xeg.s.i«.tion
!
cost
in four service companies.
from
irom
Net
The
has
corporation
Gross
of
,
.
'
p. 2754.
unit
Midland Valley RR.—Earnings—*
the
on
23
June
May—
7% cumulative preferred stock, par $100, which
received $1.75 per share and in 194a a total of $7
per share.
Arrearages on this is^ue now amount to $113.75 per share*
—V. 168, p. 2543.
Feb.
on
ended
interns
its
■
.
Marion Power Shovel Co.—No Preferred Dividend—
The
lowest
"
They are the Middle West.Service Co., Illinois Stock Transfer Co.-,
Bureau of Safety and Insurance Trust Fund.—V. 169,
p. 379,
> >
396,000
•
$0.16
;
.
September, 1947.—V. 169,
week
the
The
$60,218
$65,975
—
——
cents—the
Middle West Corp.—To Sell Service
------
396,000
outstanding-—_
share
per
169, p. 2753.
77
-this
corporation
amounted
to
93,026,000
kwh.,v an increase of
13,167,000 kwh., or 16.4%, over the corresponding week of last year.
169, p. 2754.
1
$83,718,
>:
20,500
taxes—
1
income
than
—V.
of
Net
less
of
2,598
$90,321
—3,846
taxes
For
$81,120
2,419
*
.
to
Middle South Utilities,
62,693
,,
$87,902
,
declined
enced since
$143,814
income
credits
bef.
depletion,
National Biscuit
ary
1948
$203,424
—
revenues
Monday, July 4, 1949
in
May were slightly above May last
Operating expenses In May, 1949, totaled $592,112, as compared
$590,188 in the same month in 1948.
However, the cost per reve¬
to
31
1949
Gross
$685,158
CHRONICLE
year.
nue
EARNINGS
of
FINANCIAL
&
with
retention
cuestion.
Division
same
conditions,
directing
West
by
These
Union
Crittenden
the
northwestern
of
Electric
in
of
Commission
severance
of
agreed
North
order to permit
the
to
modify
American's
tran**«"-
+0
the
West Kentucky properties in
what are known as the S* -w*
Kentucky, located in Kentucky, in Union
comprise
West
Counties
the
complete
Kentucky,
properties
properties
and
the
which
border
the
Ohio
River,
and
a»ong
boundary of Webster County adjacent to the Union
County properties. They are said to contain approximately 47,0'5o,OCO
'fjlf
THE. COMMERCIAL &- FINANCIAL CHRONICLE.
Volume 170, Number. 4817
recoverable coal reserves or approximately 19% Kentucky's tOtaLyesetves,-* ** ',/
c
The.proposal takes the form of the organization of a new.company
With ah'authorized, capital of $6,000,000, to which the Sthrgis Division,
properties would be transferred by1 West Kentucky in exchange' for,
$3,018,830" of the* new company stock; which "figure* represents' the
net" ladjustedr depreciated
carrying "value of the properties as of
Dec.
31; *1948.
This" stock will* be paid'to North American* as a>
liquidating dividend; and North American in turn will'pass the "new"
company stock on to* Union Electric as a capital contribution, following
which thO latter will'make an additional $350;000"Investment in thejnew company's stock to provide it with working* capital."1
*
«
The * proposal also contemplates divestmeht" by North American-of
4
Its stock-interest in West- Kentucky/'To accomplish this; North Amer-T
of West
.Oklahoma City-Ada-Atoka Ry.—Earnings—
,
(9)
::
J
tons ^^economically
'
May—
Grdss
1949
railway™,."
from
Net- frem
railway_i_-__^
oper.- lneomei_^»
Net: ry.-
•
-
FronrJanuaty I-/-Gross
$80,112
21,831
5,503
$64,472"
26,444'
5,978
.403,1501
347,194
151,238
125,944
38,084
40>29l
>
Pacific Gas
426,388*
155,93445,464
1
;
within
90
days
transfer* of- the* newT
liquidationrrto
stock'($4 par)
share of. West Kentucky stock
completion
after
of
the
12 Months Ended
(857,264 shares) i
lor each
10
on
the
basis of one
shares, of North American
stock.*
for
income: inet)_
>.* Gross
income
1
and
the Commission could pass
upon
them:,
Earnings per
-
.
683,850
•_
$4,165,391
$4,035,549
427,500.
427,500
,
on
Co.
&
-and
'-
The dssue
redeemable 1st
'pfd;' stock, cumulative--!
"pfd: Atock/cumul.
400,000
1,173,163 shs*-
shs./
400,000ah&,
i,000,0d08hs./
1,000,000 shs.
/-a;
l.eoo.ooo shs,
redeemable*'1st "pfd.^stock,4 series
A,.• cumulative
§1,500^0 Ouu,
Redeemable 1st pfd;^stock cumulative
3,615,175 shs.-stock ,(par/$25).i^^/—12,000,000 shs.
.
None-'
•
8,280*,780*h«y'
-
StuafV&*Co.;inc..
employees ^are sold will be
-
;
issue
first
preferred/
.
amount, ?
^
howeverj Is/hot chargeable against Income.
awarded. June
the
redeemable
,
approximately:
?
■
1,600,000 of 5%
Stock,. serie$ A/and a total-of ; 16,665,605 shares.
:
Annual interest 'chrirges on the company's funded debt'will
aggregate"/
approximately $16;672,516 bri the eompletion of the present financing. 1
Annual 1sinkirig4'fUhd* :paymerits
will approximate $5,500,000;* Whlclx*
28 on ft bid of 100.133
Other bids
specifying a 3y«% 1 coupon were:
TheFirst; Boston Corp./ ,102.60,*s Blyth &
Co,; Inc., 102.319.
1
!
The bonds may be redeemed in whole or in
part to and including ;
June., 1/1955 at* a premium of 4%,- the premium- reducing thereafter
to June 1> 1982/1
»;
■.
r
both
' f 11
;
,
To Offer 100,000 Preferred Shares to Employees—
/
«
Tlie company^ filed"*' registration* statement with the SEC San Pratt-
•
"
*
Cisco
Regional Office on June 22/ proposing the sale of 100;000''shares7
5%>redeemable:"Tifsr-'prerferred^stdck,!series A ($25'?p«r">i~
of
,
,
,
The "Stock is
.
tO'be^sold- at f$25;75
share under>
per
an
f'Employees?'^
StockPurchase"* Plan/?
J PpRPOSE^The hef .prdceeds, to be ^received from the, sale
will
become
Company"'prbposes'
retire
bank
loans
part, of
a
to* usir"an
In
the
the
treasury
amount
funds
of
the
'
No underwriting
is involved. - "Regular cm-*
ployees*'v of the: cbmpany x other thaw directors and principal officers) t
*
and "of > -Valley- "Elbetricar Supply Co/; and the Pacific Service Employees'4
Association/ including the- Pacific Service Employees Credit Union/ may;
participate under-'the plan; 4 A maximum of one share for each 'ftol^
company.
net' proceeds
such
to
the
of
(a)
to
$12;000,0007* obtained "under the""
company's credit agreement of March 1, 1948, and (b) to finance, 4n
amount1 Of
$.100*of.ba6ic *annuaD8alary*
part,
its construetrioh program. J Additional .'funds?ifoi* the construction
program will be obtained,, (i) from treasury • fund»
-presently- on * hand;
(ii);from interiial sources, the principal items- of which are the pro-*'
visions made; for depfeclaQ6h""and amortization (expected to exceed "•
$20,000,000
on
July
1949,
l,
t^iap 100 ^shares,.tmay be purchased by
but
in -nor case
any employee,
mare
"T*
v
Net proceeds of the sale would* be used to finance, in part, the cbtor:
,
pany'A constructiomprogrami-T-y/ieg,'p. 2646.V
;
.
—
ajinuglly) arid unappropriated earnings; (iil) /from- short-f
! Pacific Power v&J Light Co.—To Borrow $3,000,00d-—
fcerftf^bank to8nsvunder- the company's "credit " agreement of March T,
New Firiancing Planned Later This Year*—
1648/ "J( iv) Tiroini.thert sale Under- a- two-year Instalment "paiyihent- plan,
,/■' ,■f
of such 'portion "of 100,000 shares' Of
!5%' redeemable^ first, preferred The4 complany has received SEC-authorization - to» borrow an addi¬
stock*,-.series 'A/ as-* the company's employees (other than -its 'directo'Xs*
tional $3,000,000/from Mellon National Bank At Trust Co. to financeapd principal officers). may< subscribe for at $25.751 per share prior :
its construction
program."
r
!
>
to 'Adg. 15,1949, and (v) from the sale of additional Securities 'wheh *
"However.'such " borrowings woul'd not be made if Pacific's parent,
aftd ast Required, v,Company Has riot- determined the- nature or amount -1
American Power. As Light Co.t makes or agrees to. make a $2,500,000**
of-anj^ additional iksjie
Investment Tin PabifiC's equity prior-to July 5, when' additional^funster
<0^-securities; ,7.
• V*;
/' ■
/
are needed by the
.cbmjpariy to carry forward its construction program/PURCHASERS—-The names of the several principal purchasers-/and 4
Tin the everib the^add'ttibiial borrowings- are inade; they* would; be*
the. principal:' amount Of series S bonds purchased by each are as
represented - by Pacific's"'promissory notes "bearing interest "at **2%5&
follows:
v'
.♦»>> ,/.t
<-r ..{...* ~r
?
i '?
a-nd-payabie 'ori or» before Nov/ 15," 1940; in additiori, the1 maturity ott'Halse£ - Stha'rf
"Co",
/•
R; H. Johnson & Co.__ ^150,000
$3;5OO,0OO: of outstanding- notes held by Mellon' would be " extended "«■
Kaiser* At
"Iric.?__i_l_J—._/i__-$21,250,000
Co.7_V__/__y 400,000 ^ from ~Aug./l5l to/Novi^ 15; 1 Both* notes would^be * collateralized^.by ;
Adariif &"
Ketcham '& Nongard-Z i, 300,000 \
JPeck-ii^U- « 500,000
$e;5O0,OOO/*of firsf mbrfgage 'bonds/ 3%%' serieft dUe 1977',' ' ShbbM-'tbft^
A^C.-AUynvandCo,*
A. M. Kidder & Uo/_i_
; 500,000 ;
John44 fKormendi pCo.--250,000■Inc./"S.^OO^Qbo
American 'Securities
Lawson, j Levy At - WilCorpi
liams. "LIj//
2,500,000
200,000.
/. Pacific contemplates' -the- issuftnee by NoV. 15''of additional first:
Aiiderspn & SfrudwickCarl M: Loeb,- Rhoades"
200,000
mortgage borids* to retire all 2%%/notes' which may then be^ out-2
»'
George- 'Gr-Applegftte*-& -&kCo."
3,000,000-:
standing Jarid tb* pfovide1' funds'^ to carry, forward- its; constructi«atr
oversubscribed;
r
,
'
\
;
f North Plains Telephone Co., Inc., Dumas, Texas^—BondsP
Sold-Privately—The. company/ it was* announced June 30,:
has sold privately, through Rauseher; Pierce. & Co.,
Texas, an issue of $300,000 first mortgage
1,1971;
-i~;
/. '/
r
^
Dal-'
'
bonds,'*
"
due June
'
Northeastern Water Co. (& Subs.)—Earnings—
,
*
,
*
1948*-
^lS4(M~3
.
Mcfe'.^1948 .e; 1949-^12 Mos.$2,992,501 V
<$804,656
' $796,535 $3,302,610
2,-351,980
Oper.f exps* and; .taxes*.- //: .609,032. :y a 617,892..
2,376,713
Period Epd,:MftR ?lHh./'
Operating revenues
*
~
Operating "income
Other
"■
Gross
Income
income
<
$195,624
1_:,
:
income
r:
•
.
$203,758
197,387
$23)65,617"
*"
$6,371
$1,183,055"
Net income l-—$13;422
>—V.
I69,.p. 2423.
$640,521!"
$925,890
«■
25,ilff _J,139,720
$226,768'
213,347
^
li-1
deductions-
$178,643
31,3.45
v
V":,
;
_439,674'
$1;030,194
882,562
.
469,872;
100,000
$610,323
.'7
-• •
[
Arahoitf
and
S,
D. A. Lomasey & Co—
Mackall & Coe—„
250,0007
Ma'sbn:-Hagett,/Inc'. /it
150,000 :
150,000, *
Wni/ J. Mericka & Co.,
B^leich■>
roeder^ Inc.4'>'
Arthurs, Lestrange &
*KMma L;
*•
>
(Minn.)—Weekly Output—
-
C. S.
Efectric output for the Week ended June. "24, 1949; totaled 62,473,000 k'wh. als compared with -59,768,000 kwh. fat the corresponding week '
last year, an inerease of 4.5%.—V. l69; p. 2755.J
*,"
,
.
Robinson
and
Co.—
150,000
Ball, Burge
Kraus-_
Barret; Fitch & Co.;.Inc.
Northwest Airlines, Inc.—Receives First StfatOCruiser
500,000
George
t
- The - double-deck,
75-passenger .planes will - fly coast-to-coast in ;
eight hours when they go into service this summer on* Northwest's *
transcontinental.- run
between-. Seattle-Tacoma
and- New; York«' City,
Blair
President, announced, iri addition, ;hft said, .the-.Strqto^i,
cruiser? will fly Northwest's routes to Honolulu, Alaska, and the
Orient.
■
"
'
',/m-v / :7
'.,V- ***-,'■
J:
He adedcL that- his compariy will /completely retire all DC-3'S Within
30 days and. that Uie four-engine DO-4!s will be. modified for air
coach and freight flights in line with plans NWA ;has for greatly ex-'
pandlng these two types "of air service.—V. 169, p. 2531. ..
>
.
Stockton Broome & Co.
,
■
...
_
Northwestern Public
*
Norwalk Tire &
A
protective! committee for holders of stock of this company has
formed, composed of Elliot E. Simpson,- George W. "Winchester
Arthur Gottehrerr it was announced recently." Ori May 20" the
company filed a voluntary petition for reorganization In the District.
Court in' Connecticut and Wallace W. Delaney was appoirited trustee.
Hearing upon the retention of Mr. Delaney-will be held by the court1
C
,
.
C: F/ Cassell As Co., Inc.
"'
1949—-Mbnth—1948
Period End/Apr. 30—
;
$297,038
revenues_„__
$1,169,671
Operating revenues
Operating expenses
Opgratjrig taxes
~__.
:
$37,299'
—V, 169, p. 2212,
.
24,573
880,284 "
v_ 141,696
$17,438
-
$144j435~
-—96,087
7,030
-
3,255
$1,166,415
.215,627
22,711
?6'192
Net
-
"$255,776"
$296,214
222,723
'
Net: oper. Income—tr
after charegs :
.
715
824
rev.„^.
Detmer
As
500,000 '
400,000
•
Co—V—
100,000
v.
■
'
(Arid
it's", subsidiary,
Period End;April 30—
$1, 011,933
:
841,197
Interest
Net
income
G. C. Haris As Co.—i„"
r
35,584
Hallgarten* As Co.-—
Hallowell,' Sulzberger As
—
Divs./on preferred stock
f
Balance
-V/
$824,250'"
197,390
"~
$666^960
•-
$586,419
Inc.-
.
-
.
$7, ,269,172
"
966,469
*<
966,470
.
$6,569,779
Co.——
$6,302,703 I
Investment
'■
Corp.
of
Norfolk
Co., ,Inc
200,000
-
i.*
250,000
750,000
100J)00
Fan
250,000
.
•
.GeriV
C.
George.
nominated- for-
a
T
named
'share,
'
;.
*
as
the-
*
with* 95c *
v
.»
Israel.
Its parent,*
of its 281,950 ordi ¬
to 25% If ;
4
,
,
—
General Marshall a
issued* in • connection with the annual
beiield Julyi*21,
Gen.- Marshall* was listed
*-statement
100,000 T
directors from
100,000"
of. the
.
,
The board of directors had
The
Ac
;
^
!
,
stock in the company.
^
Alsd- nomiriated 'foif *a direCtofship was
300,000 *
—:
is
per
$5
Marshall, : former Secretary of State, .has been:
directorship, of this corporation, according"to
no
.
.Wag1,;
Smith
York)
marketing^ thereof within
Ltd., owns 52%
American Airways Corp.
proxy
t„—
*
.
stockholders to
Cb.
at
"
/Proceeds of the stock sale-are to be used to purchase in the United equip-*
meritr T$40O;OOO)7 to purchase' In; the" United(States' 3,0OOV additional <
spindles and auxiliary machines and equipment ($150,000), to erect?
miscellaneous structures^and -to purchase additional machinery, equip-1ment, spare parts, etc., for modernization and completion; of: its plant1
($150,000),; and-to-pay secured* indebtedness-Of $98,500.
.
T
Offering-' of the-shares by the underwriter is ori" a "best efforts'*4
basis./In-addition- to the: selling; concession of 95 cents per share- and4
a* service-fee^ payable-by the company, to
First Guardian of 2,/2% *:«f:t
the first1 $100,000* of expenditures in the United States and-1% -ofv'
expenditures in eycess- thereof4 (for a three-year period) the under¬
writer may .deceive a maximum of 18,050 ordinary shares issuable .ttt 4
It. in. 5,000 share, lots (the. last lot being 3,050) for each $275;000 inr'
excess of an initial $125,000 rece|ved by
the company in the United /
States or- collected; fOr "its account by".First Guardian in the'
United/
States.
" -1
//'','
," '
' '
■
"
"
' r-;7
100,000
Zuckerman,
*
States 140 automatic weaving looms and auxiliary machines and
150,000
Neal "Ac
the
and
200,000 ^
goner
(New
made
nary sharesr outstanding; which percentage will be reduced
all trie--shares- included in the present offering are sold.
Wulff, Hansen Ac Co
Wyatt,
Corp.
be
London Palestine* Investment Co.,
F. S. Yajatls Ac Co., Inc.
200,000
'
to
Nominee for Board of Directors—
Cummins,
•_
is
The compariy' is4 engaged primarily 4n the business of spinning raw-
Harold E. Wood- Ac Co—
Inc.
*
offering
The
.
150,000"
750,000
Thb'First Guardlari Securities
;
250,000*
1,500,000'
"
underwriter.
100,000 '
500,000
Wheelock
JohnfriiA Lane," Space
and
100,060"
150,000
J.r A/ Hogle- As: Co
E/jF,' Button: As: C6.JS-
2, 339,929
-
169, p. 2423.'
&
Cotton Mills, Ltd.—Registers With SEC—
pound-per-share..'"."'
.
Townsend, *: Dabney " Ac
Tyson,
Ac
cars at
two-story parts- warehouse serving Packard dealers through¬
zone.—V. 169, p. 2423.
/ //
/
t;' / -]
spun ^yarns'
Watlirig, Lercheri & Co.
*
a
Chicago
cpttqri/(and,-the past, to-a small extent, synthetic materials) inter
100,000
250.OOO
—
-
$9, 609,101
$7,536,249
80,541
$547,443
-
Thomas Ac Company—
the
5,ood;660
500,000 T
Co—
Strauss; Ac
time arid
corrnnisskm ?tp'the runderwW(ieTr" :
200,000 „■
150,000 "
Smith Ac Lombardo, Inc. ——*
150,000
100,000
Ira Haupt As^Co-.-^—
Hill As Co.
Hfrsch
$9,729,388
2,193,139
185,004"
5627,984
-
'
3,000,600
Pomeroy, Inc,
Scott, Horner Ac Mason,;
T'lnc,
i,.
100,600;
Scott Ac Stringfellowj,
250,000'
200,000
Seasqngood Ac Mayer—
ShbfighnessyAe Cd.;Tnc/.* 150,000
Prank C/ Shaughnqssy
Ac Co.
100,000
Robert Showers
100,000 :
Sills, Falrmari Ac Har¬
200,600:
ris, Inc.
r—.
200,000
Smith, Moore * Ac Cb,__
750,000 *
Stern Brothers Ac Co-
S.
t)ori Include complete service facilities accommodating 100
2,000,000 /.
—
Stubbs,
Harri^oh 'As Co.—_____
1949—12 Mos- -1948'
$812,988
-
,
80,541
-
Co.)
$3,728,032 $47,389,177 $44, ,112,421
34, 503,320
2,915,034 37,059,789
3,150,039
•„
Power
150,000
J.
250,000
2,000,000
.
B.-Hanauer As Co
t
200,000/
Stern, Frank Ac Meyert
Edw., Lowber' Stokes Co.
Walter Stokes At' Cb—
2,000,000
"; 200,000
-
-
,
*
.
by mid-winter.
O
development at. this strategic loca- *
the Packard
The> company (of/TelvAviy, Israel) has filed a reglstratiorl state- with the SEC proposing the public offering of American, certifl-,
catieTs f'ior" 300,000 ordinary "(eottimori) shares, par value; -one (Israeli)/
,,
200,000
750,000
4
HanftAford; As" Talbot—
Harley, Haydori As Co.,
1949—Month—1948
& other deducs.
income—:
CoL'i-/
Grimm1 As
92.949
v
Pennsylvania
$4,014,439
Oper. expenses & taxes-
Co.,
Grande Sp Co.; InC.__/j!
Green,,Ellis As Anderson
Gregory As Son, Inc.—
Co.
Gross revenue..—
Gross
Freeman "As
M.
100,000
$1, 014,740
2,807
4
Ohio Edison Co.—EarningSr—
r
"
'
200.000
200,000
Marfthall/Ji./.1
..
Other buildings-in
^ Palestine
'
500,000
5oo;ooo*
.
ment
.
*
As
,
.
:—'—-
lend
-
Completion": of .th"e *rieW 'biillding„ is expected
.
100,000
300,000
Inc".——-Vr-;
SchoelJkbpf, Hut tori: Ac
300,000
*
t J——_
r.
Townsend,.
Drew As Co.
;
Acr Gardner,
:
office
i
300,000
—
Salomon Bros, Ac Hutzler
R." C. Schmertz Ac Co.,
200,000.
100,000 /"
Co.—
Charles H.
1,000,000
Hughes'
showroom^ and
modern, automobile
.""This/ combination- * showroom," and
admihistrative ' office
is
tbe)
of Packard'^ $2,000,000 expansion program in Chicago,">.Mr^: *,
out
,L. P, Rothschild Ac Co.,
'
J.
■
■-
500,000
Emanuel, Deetjbrt'As'Co.
T
>
Rbtan, Mosle Ac More-
'
Fbster'As-;
$77^787
Rand Ac Co.
100,000
Bodine—
*
^
—
—
Co., Inc.
Reinrioldt
200,000
As
150,000 '
.RamtoOf Cl0seAAc "Ke rfi er14
; Inc.
^:
n
'Crbuter As
.1949—4 Mos. -1948
$256,491
-
"
oper.
Ac
300,"00(T-
Fausef; Steele ,& "Co.
Uncollect,
Inc.4
As
Davenport1 As. Co.^_—
Shelby- Cullom' Davis As
Col,
most
Manager/saidbn June 25.*
.
Pollock Ac Co.,
Raffensberger,
200,000
the
BelloWS said.
InS. -l_1.iU4.u-—' '100,000'
300,000
Co., .Inc.
Henry Dahlberg4 As Co.
Ac
of
heart
150,000'
PiZzinl
B.l W)
Wm, E.
Co._V—
/ 500,000
C. C. Qollirigs & Co.,
-Iric/
L—:
150,000
'
Julien Collins As Co,-/
375,000,
S: K; Cunningham-- As'*•
M.
150,000
5,000,000/
,300,000
Peters, Writer & "CbfistensenMnc, it—i '
100,000 **
Central! National-Corp..
Securities Corp
CJayton- SeourttiesCorp/r
Estef
100,000/
'
Palmer Co—
,
building. in, the midwbst "area - has started - at - * North • LaSalle and ?
Eugenie1 Streets, Chicago 111,-Wayne R.' Bellows; Midwestern Regional^
~
1—1—
_
Kendall. -Inc
500,000
Dempsey-As Co._--
.
Co.
.
Construction
*_l—i-;-/.u,/_/
Ac
Roger S.
1,500,000
Company; Inc.
Brothers-—
DeHaven
Ohio Associated Telephone* Co.—Earnings—
Operating
Otis
200,00(1'
.250,000?
RT; L. Day *j&- Co.
and
July;7.—Y., 169,, p- 2316.r
& Co.'_*_
City
•
'Inc.
Alfred O'Gara' &' Cd.—
250,000
100,000
-
co..__—
Rubber Co.—Protective Committee—-
been
on
&
Byrd
CohU
vately—The company; it was announced June 27/ has>
sbld privately $708,000 first mortgage bonds 3% %_seriesdue 1978. The bonds were purchased by Northwestern;
Mutual Life Insurance Co. through A. C. Allyn & Co.,*
Chicago.—V; 169, p. 26,46.
■;
v*--::rrr-*n
-
Burr
Co.—Bonds Placed Pri¬
Service
C, Bradford At Co.^._
Burnham and
.
,
/■-
Packard Motor Car Co^h—ExiJansion in Chicago—
375,090
HOmer O'Connell & Co.;
.
/"'.
The-Guaranty .Trust Co, cf/New. York has. been appointed trustee,
registrar; and paying agent for an/ issue of $10,000;000 15-year Vh%
debentures; ^due June- l,-1964/*'-See V. 169, p. 2755. ;
150,000
'&-"Co:/lric. r—__l: * 2,OOO;0OO*H" Patterson;/ Copeland &
Branch^. Cabell
Crbil- Hunter;
E.. W. & R. C. Miller '
i-AnCo.^11 J/I-w—vi/-!.
Mullaney,- Wells As, Co.
500,000 *
250,000
100,000
<k.
Baum & Co.
Bioren & Co.'____
J.
100,000-;
200,000 "
■'*
J; * Barth;**&
,
100,000
,*
,
500,000
program;^169/ p/ ?646/
"Pacific Western Oil; Corp.—Trustee, Etc.—
MllhousTMartiri/Co!
; &
Bache & CO——
The first
300,000
200,000'
150,600
Atwiil
*
Boeing Stratocruiser for domestic -air serviee was delivered
June 22 to this Corporation at Boeing 'company's plant at Seattle,
WashiivThe airplane costing $1,500,000 is the first of a fleet of 10 for
Northwest:/
■-7;
1
;Ashmun Co.—___,
Aspden,**
100,000 v
200.000
.
Mason, Moran, As Co.—
.
Northern States Power Co.
,
-
-
$80?000,000 first and "refund¬
accrued ..interest, yielding
"
was
received- fof
bonds
was
headed by Halsey,
June 29 offered publicly
160.639%
North Central Texas Oil Co; Inc.-r-Special Of fering-^A*
special offering-of 4,500 shares of common stock (par$5) ;
on the New York Curb Exchange. June 23 at $11- per*
Dillon
$3.27,
*'
'
,
i. ; ; j
..1?»
4,211,662 shs.
{ »Nb addjtiotial, bonds- miay be
issued under the 1Sari Joaquin ? Lighft
and-Power Corp, unifying and- refunding mortgage excespt bonds issued) *
thereunder'inriieu 'of outstanding borids:
tln thi bpinion -of ^counsel4 for the- company, the bOard of' ^irectonr*
of the*;company< may; from:"lime:4 to: time ' authorize4 such further."to-/;;,
creases of the-bonded
indebtedness of .the company as they* deem -fit.
; tPursuant "to the 'credit/agreement of March 1, ,194jpf^"the cqmpany
borrowed4 $12,000,000-on< 90-day motes'dated June 14; 19491/4
- ^
.
§ Amounts to be outstanding if.';alD ofthe: 100,000! shares} 550
redeemable first- preferredstock,
series : Ar about to be offered; to *
$3,608,049-
$3.39
<
^^ '
^roup
2.97%.
r
Eastman,
p. 2646;
$3,737,891
.
4,211,662 shs.1,173,163 shs,
Common
ing mortgage, bonds, Series *sr 3% ,\due Juhe 1, 1983, at
above.- -V.'169,pV275f
Bemberg Corp.,
24,583;00O"' '■*
72,009,000/
73,704,005"
'
<
; v
r"
$N6ne*
,
5%
r
.
1st"
5%
$4,719,3984
Pacific Gas & Electric Co.—Bonds Offered—A nation-
i
wide bankihg
-
.
,
-
,
...
„
* "/
--'»K■
.■
...
,
4
;
pfd. stock (par $25)
r6% 1st pfd. 6tockr cumulative——
5y2%, 1st pfd. stock, cumulative
•
/
-7-V.T69, p; 17823
North American Rayon Corp.- -New Directors
las',
$4,875,177
709; 787
shaTe«.l,102;684 ssharesl-i.
common
*
^
.
;
March',i, ;i94&)^l^i:_/i_^——_^; 80,000,000 /
First
5 7c
'
Balance applicable to common stock &
surplus
,
by
—V. 169,
74,279
__
7:J_L._..__lL
7
share
$4,679,721'
39,677
it being understood that the amendments would-,
;
'
In agreeing to modify its 1942 order so as to permit Union Electric,
to retain-the-coal properties to be transferred to* the new company, the Commission concluded that such properties would "be "reasonably'
incidental, or economically necessary or appropriate to the operations"
of Union Electric.
Union Electric contemplates thgvconstruction-'-in
Missouri during the period r 1952-1962 of
660,000 kw. of generating *
capacity;- and the major-purpose- of the transfer of the SturgiS Divi-")
sion is- to supply
the coal requirements- of the power plants to be f
constructed in Missouri.It is anticipated*that by 1953,. all Of:the;
production of coal'"from the Sturgis -Division will, be economically
useful in the operation. of Union Eelctric's. system,"
" s
T
The Commission last year had rejected a proposal for the retentiondf all of; the West Kentucky properties in the "Union. Electric Systembecause'* its major- function*' coiisisted-'Of outsldtr saleS of cOal/and/
»such properties were not "devoted primarily to furthering'*thd" Oper¬
ations" of Union Electric.
,/.
!
Recognizing, however, that the "present conclusions rare based'*-upon
copjecture, assumptions and estimates, the Commission stated- that <
since Union ,Electric " will continue as a holding company, it will-be*
possible to reexamine the-record* inthelight of future "operations and *
tb direct: whatever action-may appear-proper'in light thereof.—V.' 169, -
American
14,099,080
$4,800,898
Preferred Stock dividend requirements,
befofe approving the plan.
See
i
income
...
P2%%- bds/due Juhe l/1981
SerleS1Q 27/%% rbds.: dub DebM, 1980 *
"
Net
,
'
1
Series Rt 3ys% bdS due :*Juner 1,1982;
Bank
loans
(credit
agreement * of
15,537;149:
Income-deductions *(net
West Kentucky., The. Commission reserved jurisdiction over
Of, the new company and .the new securities wbioh
include-these instruments
p*.H22i2.
'
Utility operating1 lncome^-.^-*._j_j_u
Other
927,000
18,669,000
23,839,000'
109,598,000,
78,525,000
48,183,000?";
12,100,000
,
Series
-
4
1
In order that North American's stockholders shall be ap-.
prised of the-assets and. earnings record- of West Kentucky, the Com¬
mission also directed that, upon distribution of*the West Kentucky;
stock to such stockholders, they" shall be furnished financial state¬
the proposed charter
it proposes to issue,
-
,
company.
ments
1948
,
4;
.
Operating exposes- arid
interlocking
of "all.
600,000,000
3%.bbhdS'-due Dec.-1, 1977
Series O 3% bonds due Dec.
1,, 1975
•
the amendments
of
termination
.
$20,398,048 $18,778,801
1
7,719,000
**. r
re¬
bonds due June '1/1966^
bonds-due Dec/1, 1970//_
Series K 3%, bonds due June 1,1971,
Series L 3% bonds due June 1, 1974
Series M 3% bonds due Dec. 1, 1979
"•
1949 ,;
Operating revenues
required;by the Commission would provide!
relationships between West-Ken¬
tucky, and North American, . and that at least a majority; of the 'new
board. of directors, of West Kentucky shall not be employees of .that)
One
.
&
Series 13 %
.
!
bo~
April
—♦150,000,000
As*- :Electrib> Co/ 1st
Outstanding
Corp.: *
Series N
Oklahoma*Natural Gas Co.—Earnings—
company to Union. Electric, will, distribute,
in partial
its stockholderits holdings-of-West Kentucky common
Power-
Series*J 3%
:
•'
w
■
•
Joaquin- Light " As
6% i bonds/ 1952/^—
funding , mortgage - /-.
,50,270
—v; I69) P:;2423t;
San
36,7371
9,939;
L
171,178
Net;' from-railway_'_;_i_
Net; ry.* oper. Income;^
Authorized
:
$o2,336
'
9,144-
ft
...Km
,.
CAPITAL SECURITIES BEFORE GIVING EFFECT TO THIS OFFKBHKft
1946
1047
35,666-
'
.427,623
railwayj_u._
from
1948
$90,127-
,
.
{or
..
»
-
ican,
——.
meeting of.*
as holdipd.-^
....
David S.*' IngallS.
/* ."
authorized an increase in the number
7 meeting.;
r ,
annual fnteting also will vote 011 thO sate
14: to ;16. at4-itfe June
stockholders
at the
of the corporation, to its wholly-owned*
subsidiary,' Pan American Airways, Inc.—V. 169, p. 2107.
business
and .assets
-■
ie
■j
THE
(io)
Due
the first
in
The
of allowable production in the
months of 1949 and due to the sharp
curtailment
substantial
the
to
six
s'
;
The
retirement
announced.
S.
Vice-President
as
Public Service Co. of Indiana, Inc.
Period End. April 30—
2%
2
Operating
9
Co.—
Elkins, Morris 6c Co
2
Oper. expenses
Graham, Parsons & Co
Green,
Fen-
Pierce,
;
A.
4.5
Inc..
Sons
&
7
—
Clark
Co
&
169.. p.
W.
E.
Ellis &
Net
2
Anderson.—
Co
Co
61
Reynolds
Co.
&
has been
elected Auditor and he will also
position as Assistant Vice-President, assisting Charles
of finance.—V. 169, p. 2755.
subscribe at $16.25 per share
additional common stock (no par)
at the rate of one share for each seven shares held of
record June 27, 1949. The subscription warrants expire
July 19, 1949. The offering has been underwritten by an
investment banking group jointly headed by Drexel &
stockholders the right to
103
Suplee, Yeatman & Co. Inc.
2
Warren
&
York
300
passenger
new
will offer
company
-
" *
v
Net
NOTE—The
Pennsylvania
and
Co., Philadelphia,
Philadelphia.
Co.
Girard Trust
Banking and Trusts,
for
•
An
A
demand
company
will
*
stock
shares
>
has
exceed
not
*
or
it
offered
be
will
been
yet
not
No.
the
in
future.
near
but
determined,
it
The
number
expected
is
75,000,
the
on
'presently existing conditions that its construction expenditures for
the 3V2 years ending with 1952 will be in the neighborhood of $75,000,000. It is estimated that of this sum, $14,600,000 will be expended
'■
idurihg the balance of the year 1949, $25,800,000 in the year 1950,
$21,800,000 in the year 1951 and $12,800,000 in the year 1952.
Of
the total of $75,000,000, it is estimated that $26,600,000 will be ex"pended in completing the three generating units totaling 250,000 kw.
at the Sunbury steam electric generating station, and of connecting
'•tjiis hew station to the company's system, and that the balance of
$48,<00,000 will be expended in constructing additions to and replace-
"'
-jnehta of electric, gas and steam heating'facilities
to and s of customers and to make possible more
the
company's operations.
The latter amount
it
is
estimated,
be
expended in constructing
^CAPITALIZATION,
First
..V3*
_
Outstanding.
mortgage bonds—
series due, 1975
time
series
due
1977
3'/4%
series
due
1978
■v3%
\
"
' 1965- $27,000,000
sinking fund debentures, due
1V2%
*
•
J
serial notes, due Oct. 10.
1950->-
Promissory notes, 1 Vn % due Sept. 30,'49
•4%% preferred stock ($100 par) cumul.
Series
»
ft.
'
cum.
series
(no
has
Company
outstanding
5,000,000 shs.
3,327,§£8 shs.
$14,500,000
"
will
bear
at
the
rate
of
2%
of 2
c.
per
to and including
2Vz%
per annum
to
annum
"
the
at
rate
of
outstanding $1,144,000 V/a%
^
per
carried
„
f /
as
maturity.
serial notes due. Oct.
liabilities and which,
current
is
it
Company
10,
1949
also has
which are
contemplated,
will
COMMON STOCK DIVIDEND RECORD—Dividends
share
....
on
the
stock
the
20
cents
a
stock were paid on April 1 and July 1, 1946,
share quarterly from Oct. 1, 1940 to date.
The
of 30 cents per share on the common'
1 to holders of record June 10, and accordingly,
common,
dividend
stock will not be entitled to
such
dividend.
expects to continue the payment quarterly of dividends
V-jstock in amounts consistent with its
COMPANY—Company
income
Company
the
on
cash
and
common
position.
formed June 4, 1920 in Pennsylvania by
consolidation, and
merger
of several -utility
companies,
Since that
date, the- company has acquired numerous other utility franchises
and
was
properties.
' '
1
tured
gas
and,: to a limited extent, steam heating..,Of its totaj
operating revenues for the 12 months ended April 30, 1949, approx¬
imately 95.4% was derived from supplying electric service, 2.8% from
/•-gas, and 1.8%
The
are
from steam heating.
,
company
has four wholly owned subsidiaries, all
minor importance, viz., Hazle Township Water
Co.,
service to
the company's Harwood
steam electric
of
^investment
50%
of
company
til,.between
Co.,
the
of
which
which
capital
owns
stock
miscellaneous
of
West
parcels of real
Pittston-Exeter RR.
estate
The
and
latter
operates a short-line railroad (approximately three miles)
West
Pittston
and
the
Stanton
steam
electric
generating
station.
r.
for
'
determined
shortly
before
held.
the
is
electric
output
this
of
"
'
cost
of
will
used
be
The territory served includes large agricultural and industrial sec>v;ttans apd important anthracite district^ in central eastern Pennsyl.
r
vania
with
a
Mich territory
:
"
population
of
indicated
approximately
UNDERWRITERS—The
names
by
the
of
the
Federal
x
several
'/-respective percentages of the shares of hew
1940
1,756,000.
census
for
.
stock
and
not
the
sub¬
and
"Greatest price
house
paints
' /
.
to
up
p.
company's
-
,
The
company
•
of
also
been
mated
if
July
on
by
agreed
the Jarecki
by
Total,
offer
has
can
sales/of
valves
been
deliver
Q.
made
the
to
by
Sale
75%
purchase
Postlethwait,
Porter.
will
its
of
be
stock
said he expects to be able to round
Many of
Jarecki
The
and
168,
Preferred
in
1948
company
fittings.,
p.
the shares
N.
The
It
has
2012.
President
completion
of
ration
additional
-
7758)
parts
at
total
a
of
cost
-
Everett,
:
filed
shares
common
with
(par
the
$1)
would
to
SEC
Domestic
and
Canadian
Subsidiaries)
1949
1949
$1,266,651
'545
'
545 977
$2.32
_
31—
$2 09
«-;• •,
'
:uk
-
$1,142,263
977
1949
$4,675,139
—
and
Federal
'
^
.
'
1943
.
1947
$5,659,607
$5,434,761
156,582
"326,263
Nil
and
State
$0.58
income
'
■
taxes
of
1
'
•
interested
bond
for
used
stock
it
17
Nov.
withdrawn
was
Works, Inc. (& Subs.)—Earnings—
•
increase
par)
Wash.
A*
the
be
trucks
./'J
..
and
Co.—Hearing July 5
until
persons
its
to
of-first
new
Issue
mortgage
common
shares
(no
5
to
financing
/
request
proposal
a
of
.•
construction.
authorized
600,000
would
July
stock
common
.
off
pay
and
bonds,
It
stock
par)
sell
at
com¬
the
would
prooeeds of
also amend ita
from
stock.
45 000
Upon
shares
such
re¬
issue
be
notes
used
and $50,000 for payment of
indebtedness to Con¬
the balance for expansion and other
corporate purposes
,
St. Louis-San Francisco
May—
from
Net
:
Ry.—Earnings—
1949
from
ry.
railway.—$8,260,590
railway.—1,140913
income.—
oper.
468,156
1948
$9,213,153
1947
1946
are
over
26
held
up
by
the required
estate trusts.
$7,000,000,
oil,
stores
in
according
and
gas
water
from
railway——/ 42,604,703
Net
$6,482,500
"170.974
'
861,376
*570,749
40 892 971
36,427,254
1,062,153
*1,291,446
■
44,810,821
.,7,152.320
from railway.,^—^ , 6,490,309
j 7,833285
ry. oper. income./^ : 2,858,806 '
3,221,939
3,768.702
■';•Deficit.—V.• -169, pr 2425.■
;•;•;.
.T *
Net
,
Oklahoma,
Kansas
/
,
of
for
the
with
..
financing of $3,000,000.
supplement original advances
22
transaction.
directors
of
on
The program
Preferred
July
and
Was
will
14.—-V. 169,
p.
be
Net
from
the
railway.....
from
...
from
ry.
$159,84
"11,75
*45,481
p.
*45,646
755,294
797,018
€93,14
*126,828
*268,983
*138,65
*261,52
"
*36,48
.
.
—
income../
169,
1947
*18,142
*288,288
'
railway—.
oper.
1948
.
$205,257
*170,321
From January 1—
from
railway
Gross
•Deficit.—V.
-
$147,606
*22,323
:
railway
Net ry. oper." income..—
2425.
Corpo¬
■»
of
approved
$5,000,000,
June
submitted
208.
Ry.—Earnings—
1948
Gross
Net
....<
company, announced June
the Reconstruction Finance
will
approval
Sacramento Northern
to
well
i
to
22
by
.'
$8,459,263
1,7114°0
.
1,535.102
667,444
From January 1—
Gross
Net
.
of
arrangements
funds
of the
board
(No.
i;
has, given
upon
tinental, and
Porter "
by the RFC and will be used to provide the company with
additional
policyholders surplus commensurate with the volume of
desirable tusisess now available to it.
■'
Superintendent of Insurance Robert E. Dineen, has indicated his
holders
and
would
to
It has
consum-"
to
$0.55
;
,
212,579 new shares in exchange for tho
40,409 outstanding shares held by Continental Gas &
TSlectric Corp
(Chicago), and would issue and sell to Continental an additional 105 213
shares for $2,000,000 cash.
Of the proceeds,»$300,000
the
provided
the
trucks
Ruppert (& Subs.)—Earnings—
SEC
($100
Chair¬
Accident Insurance Co. of New York—Gets
Dull,
new
were
manufactures
$3,000,000 RFC Loan—
for
A.
482,355
,
Texas.—V.
Floyd
offer
an
to
firms .that
two
company
the deadline.
Postlethwait.
supplies,
and
the
announced
According
,
$263,626
,
loss
360,149
Net
Pittsburgh—Acquisition— ' 7
25
statement
———————————
charter
mer--
:
15.
Mr., Postlethwait
Mr.
June
on
2J/a-ton
petitive-bidding $4,750,000
In.
Manufacturing Co.
Jarecki, a specific
of
loss
Gross
man
*Net
company.
;
.V. ..V--; t/
v,
As previously reported,
St. Joseph would
base areas, the retail
selling price of the.famed
outside paints will now be less than $5 per gallon.
V ~
"Slumping sales at the consumer level on a wide variety of products indicate that the purchasing public is stalling on its
buying needs in
anticipation of lower prices. Constantly increasihg bank deposits cer-'
tainly prove that purchasing power is still extremely high," Mr. feck
said.—V. 169, p. 2756.
/
;
"
"
/
'
'
Jarecki
$2.76
taxes.
shaie—
per
hearing
607./
readjustment will be in the firm's top quality exterior
the reduction will be 87 cents (15%) per gallon
(H. K.) Porter Co. of
1946
$1.26
Federal
charges and taxes——
/
'
•
1947
484,104
profit after charges
$232,000.-r-V. 168, p. 1804."
60%.*
/
.
•
$1,336,474
•Net
Sunproof
•
1948
Earnings per common share.—Nil
where
the retail level.
at
r
$0.77
1566.
p.
484,104
covering 271,025
168, p, 2230.
classification,
the
of
$0.75
169,
$611,874
St. Joseph Light & Power
additions,J etc;—V.. 169,
manager
1949
2.—V.
ment
paint
630,000
...
series of coast-to-coast press previews.
a
which
general
$484,043
630,000
Jr., President, on June 23 announced that a
signed with the Ordnance Department, U. S.
Army*
been
company's entire line of exteiior and interior house /paints,;'/
varnish and enamel products and paint brushed were reduced on a
composite average of 9%, effective July 1, according to an announce¬
E. D. Peck,
chandising division.
1948
.
*$204,004
Nil
registration
Sales
The
by
1949
$470,217
486,805
rQuarter Ended March
';.7
Pittsburgh Plate Glass Co.—Paints, Brushes Reduced—
7
1,978,340
Sherer,
the
approval
underwriters
common
S.
had
(Jacob)
week of last year.
company's treasury
permanent
5;510,54o
5,219,921
Inc.—Earnings—
manufacture
Earnings
■■*■"-'
reimburse
to
expenditures for
40,274,589
11,446,460
,
"
shares
—v. 169, p. 2214.
Net
Proceeds
255,443
47,364,123
4,606,834
Capital shares outstanding.
made.
Pittsburgh Coke & Chemical Co.—Private Financing—
privately at par and inter-"
est from May 1, 1949 to date of delivery, $1,500,000 first
mortgage, 3 V2% bonds due Nov. 1, 1964, to the Metropol¬
of
1,095,741
outstanding.
Net profit after
price
/";
•
756 034
Co.—Earnings—
Ronson Art Metal
The company proposes to sell
itan Life Insurance Co.
10.218,102
(Including Wholly Owned
Quarter Ended Maich 31—
and its subsidiaries for the
141,385,000 kwh., an Increase
company
1946
$7,314,193
of the Army contract call for
deliveries of the 6x6
begin in March of 1950, Mr. Sherer said.—V.
169, p. 1339.
June
&
subscription
offering
9,186,867
4,251,184
share,
per
the
last
169,
;"'V.•'
The
1,382,907
—i—_;„
capital
The
July 11 -shall have the right
for common stock (no par), to the
shares
10
1947
Robinson Plywood & Timber
Co.,
Registration Statement Withdrawn—
The,
10.—V.
Oct.
performance.—
Terms
to
record
1,
Aug.
each
169, p. 2756.
The
.
-
share
one
be
stock
supplying
water
generating
%tation and also to customers in
the village of Harwood Mines;
Palmerton Telephone Co., supplying telephone service in the
Borough
of
Palmerton;
Palmerton
Disposal
Co., rendering
sewage
disposal
service in the Borough of Palmerton; and Pennsylvania
Realty &
/-
.
before
or
of
stock
common
on
■
The company is a public utility operating company engaged
primarily
the business of supplying electric energy at retail and wholesale.
The company is also engaged in the business of supplying manufac¬
lh
>■?
to
of
following
amendment.
25, 1949 amounted to
2,906,000 kwh., or 2.1%, over the corresponding
of
per
per
payable July
new
of
common
and of 30 cents
;
be
/'
^ directors declared
{
postponement
a
excluded
approximately $31,000,000.
-This contract, he
said, involves approximately 5,000 vehicles. They
will be powered by a new
gasoline truck engine .which has been under
development at Reo for the past three years. Details of the new en¬
gine are expected to be announced to the public
early this month
Weekly Output Shows-Increase—
1950, thereafter at the rate
March 31, 1981, and thereafter
..
/
such
'/■
from
annum
Jr paid at maturity;
•
for
Sept. 30, 1949 to and including June 30,
,
f
interest
of*
of
to
—v.
promissory notes, 1%%, due.
•'/Sept. 30, 1940. j'The holders of these notes have agreed, subject to
appropriate action by the Pennsylvania Pj U. Commission, to renew
them by extending the maturity date thereof to Jan. 2, 1952, under
substantially the same terms and conditions as now exist, except that
such, notes
of
been
Signs Contract With Army-
from June 27 to Sept. 6,
and its need of additional
/;
/Week ended June
63,000 shs.
par)—
preparation
1948
months
»
share——./———————3Z
per
Joseph
■'
•
•
1948
——
"After charges and
440,000 shS.
_
stock
•'
'■
subscribe
is
-
75,000 shs.
——
preferred stock ($100 par)
4.60%
Common
515,000 shs,
and(
ordered
however,
/ /
/
charges and Federal income taxes.—V.
contract
.
q postponement
amend the/plan
to
12
2533.
p.
profit
Earned
shares.
429,453
Philadelphia Electric Co.—Rights to Subscribe—
The-
27,000,000
1,144,000
14,500,000
16,000,000
requested
consideration
Holders
-
10,000,000:
1,144,000
!.
for
.
20,000,000
I
;
No.
Standard Gas and Electric Co., the SEC has
postponement of the hearing on the plan for
the capital structure of Philadelphia Co., Standard's
intention
have
51,442,062
income—
Reo Motors,
$1.59
:! •.
Coast
during
the
for
operating
1,076,450
Quarter End. Mar. 31—
"Net
$681,104
429,453
on
Puget's
North
sold
was
49,767,581
Reed Roller Bit
"After
1948
$1,290,811
429,453
share
a
169,
Earnings
year
■;
had
its
Commission,
p. 2423.
(.$93,000,000 /.
2%%
the
subsidiary,
which
;
$3.00
on
of
Earnings—
railway—«
oper,
profit
Capital shares
expects earnings to be about ,;
present 479,453 shares of common
$2,143,987, or $4.99
in
Quarter Ended March 31—
the company
this
comparison
income--
"Net
further
Standard
from
ry.
••■
former
railway- $10,386^089 $10,934503
$9,606,194
2,087.075
railway
2,666,47Jh^2,391,384
oper.
Net
—V.
of
request
a
because of
extent
Authorized
share
was
far
so
simplification of
subsidiary.
to
GIVING EFFECT TO PRESENT FINANCING
per
1948
from
1949
Net
1949
—
$4,550,302
from
ry.
Subs.)—Earnings—
—
—
$8
or
for
the
At
■? cQ
•
$1.05
/
/,.7
outstanding—.
volume
ordered
to meet the load de-
efficient conduct of
of $48,400,000 will,
additional
facilities
as follows:
transmission plant facilities—$3,000,000; distribution plant
facilities—$29,500,000; other electric
plant facilities—$8,400,000; gas
facilities—$1,700,000; and steam heating facilities—$800,000.
>■*
'
49.
p.
$4,076,865
investment
From January 1—
from railway—
Philadelphia Co.—Hearing Postponed to Oct. 10—
"
*
168,
.
-
*
products,"—V.
our
2,386,802
$398,637
2647.
p.
from
i
ago.
$6,937,104
2,237,152
Tax
Gross
is running 40% ahead of last year.
In the first five months of 1948 they totaled 1,093,624 barrels. Barrel
sales for the year are expected to reach 1,500,000. At the same time
the company's net income per barrel is rising at an "encouraging rate,"
according to Merle A. Yockey, Vice President and Treasurer.—V. 169,
p. 1888.
/
" •'•!
of
basis
169,
J.
year
Net
Sales
\
estimates
PROGRAM—Company
CONSTRUCTION
year
the
$4,000,000,
will
that it
a
Henry
end of
the
stock.
such
of
for
Shares
of
By
that additional shares of pre¬
is planned
from
Earnings per share
sources,
now
market conditions,
ferred
J
$6,334,017
201,389
-applicable thereto,
1949—$969,404 (1948—$518,650)
April 30,
give
a
better
1948
/
/
_
"Five Months Ended May 31—
Net profit after Federal income taxes..
able to state when the additional financing will
the nature or amount thereof except that, depending
not
undertaken
be
U;upon
internal
other
from
and
cash generated from
funds,
treasury
earnings
retained
and
reserves
Company is
i
from
obtained
be
,
.
the
Income
Reading Co
still
Pfeiffer Brewing Co. (&
complete
expected,
■■„.
$600,026
184,109
May-
Kaiser, President, stated:
"With con¬
holding at a high level on the Pacific Coast, and with
the
cement
contracts
for
two
large dams
on
our
books—700,000
barrels for
the McNary Dam during 1949 and
1,200,000 barrels for
the Detroit Dam beginning
1950—we look forward to continued high
estimates on the basis of present conditions that, to
the construction program, $25,000,000 in addition to the
proceeds from the sale of the new conf$2jn stock, will have to be
raised from the issuance and sale of securities.
The balance, it is
The
months
same
report
struction
amount
*
■<*t"■
the
of
proceeds will be added to the general funds of the
equivalent to such net proceeds, together with
,pther funds of the company, will be used for company's construction
program.
Such proceeds, as well as present cash and other resources
and cash to be generated from reserves and retained earnings, will,
dt is estimated, be sufficient to provide'fur the company's construction
expenditures as now contemplated to the end of 1949.
PURPOSE—Net
company.
/.
,
$6,941,882
DM,778
received
Co.,
V.
due
was
44,430
$467,666
to
$765,303
$0.86
.
shares.^
decrease
$6,289,587
Dr2,641
amortization
Federal
Net
■*
$602,667
4,282
income
of
1949—12 Mos.—1948
$2,552,693 $28,455,604 $28,220,272
1,950,026
22,166,017
21,278,390
•
$651,775
&
ended
primarily to adverse weather con¬
ditions, which lowered shipments during February and March,
How¬
ever, sales and earnings for April and May were reported well ahead
New York; Lehigh Valley Trust Co., Allentown, Pa.;
way,
700,000
on
share...,
common
per
"Based
2,227,374
$5,928,010
$647,493
(net)—
.
NOTE—Dividends
Co.—Earnings—
Quarters Ended April 30—
1949
income after taxes.x—$599,700
"Earnings
2,200,490
Light Co.—Earnings—
1,780,463
revenues—.
Transportation
net
•
&
$2,427,956
Balance
Gross
Net
''
755,018
$2,241,969^ $7,246,684
1949—Month—1948
revenue—
oper.
Net
The company has appointed the following banks to act as its agents
Hh connection with the subscription offer: Irving Trust Co., 80 Broad'
Net
Interest
2756.
p.
Permanente Cement
warrant holders or employees.
ihares, if any, rot subscribed for by
$8,155,384
...
2108/
p.
Other income
postwar program was announced last year,'
the total cost was about $217,000,000.
Since then, 2,000 new gondola
cars, four experimental electric freight locomotives, 20 Diesel switching
locomotives, two Diesel passenger locomotives, 200 cabin cars, 109
modernized
passenger cars,
and 8,851 modernized freight cars have
been added to the program, increasing the total cost to $266,000,000,,
employee the privilege of subscribing to not more than 150 shares at
the subscription price.
Common stockholders will have the privilege
of subscribing for additional shares, subject to allotment out of the
536,144
$9,447,173
777,319
Oper. exps., depr. & taxes
time the railroad's
169,
$7,619,240
332,424
$2,996,987
$2,655,440
—
Period End. April 30—
each
to
169,
Operating
140 new Diesel-electric passenger
cars,
history.
of
years
—V.
the
—
income
—V.
2
Co. Inc.
6c
Net
'
shares,
$3,432,759
$9,114,750
2755.
than
At the
Co. and The First Boston Corp*
unsubscribed
241,819
2
Deane
freight locomotives, 4,000 new freight cars, and 426 new Diesel
switching locomotives—a major portion of the company's $266,000,000
postwar new equipment and equipment
improvement program—are
now
in service,
the railroad announced on June 17 in reporting on
progress in putting the program into effect.
In addition 92 passenger cars, of 382 programmed, have been com¬
pletely modernized as have 10,400 freight cars of many types, of
17,000 programmed, officials said.
Thus far, approximately $190,000,000 of the funds required to complete the project have been expanded,
or
three quarters of the total.
The program Is the largest single
project of betterments of any kind ever undertaken in the railroad's
for 415,983 shares of
any
$2,755,168
94,765
income
Interest & other deducs.
2
„——
Scribner.
Singer,
and
Pennsylvania Power & Light Co.—Offering of 415,983
of
Common
Stock to Common Stockholders
Underwritten—The company is offering to its common
of
$3,337,994
(net)
Puget Sound Power
Shares
Out
income-
income
Gross
2
—
Co
6c
'
$13,687,398 $11,727,407 $38,846,275 $32,520 733
& taxes.
10,349,404
8,972,239
29,731,525
24,901,494
2
Newbold's
Pennsylvania RR.—More Equipment Placed in Service
More
'
t
1949—12 Mos.—1948
revenues
oper,
Other
2
Son
6c
Masten
H:
Parrish
2
—
Earnings
1949—4 Mos.—1948
2
&
W.
E.
—V
Vice-President
Ellis,
as
Claybaugh & Co.—
J. H, Drass & Co., Ipc
Co., Inc
—4.5
Auchincldss, Parker 6c Redpath
2
Buckley Securities Corp. —2
also
was
6c
Beane
Rollins
8troud
*
retain his present
'
Reed
W.
George
are
Monday, July 4, 1949
"
Crowder
G.
Gordon
-
of
*
purchase
to
Blair F.
"
H.
company since 1919,
;
Francis J. Hoyne,
;
Lynch,
&
ner
Miller,
A.
agreed
CHRONICLE
9
Brothers.—
E.
General Sales Manager and a member of tfie
has been elected Vice-President in charge of sales.
Assistant Treasurer, has been elected Treasurer,
-succeeding Walter A. Fisher, retired.
George
severally
18
Corp
Boston
Peabody
Merrill
Personnel¬
Peabody Coal Co.—Changes in
v
First
Kidder,
168, P. 2545.
rr^V.
have
FINANCIAL
18%
Lehman
refinery margins during this peTiod, the board of direc¬
tors has declared a dividend of 10 cents per share as compared with
15 cents a year ago and announced that the dividend situation will
be reviewed again later in the year. Accordingly, a dividend of 10 cents
share will be paid July 29
to holders of record July 15, 1949.
in
reduction
they
Drexel & Co
of Texas
State
which
&
lollows:
Reduced-
\
for
scribed
(Inc.)—Dividend
Panhandle Producing & Refining Co.
.
COMMERCIAL
Savage
Arms
Corp.—Earnings-
Quarter End. Mar. 31—
Net
profit
and
aft.
taxes
Capital
——
shares
Earnings
per
1949
1948
1947
1946
$621,935
$641,222
$307,738
670,860
670,860
670,860
$0.93
$0.95
*$105,837
670,860
$0.46
charges
outstdg.
share—
stock¬
♦Net
loss
including $345,202 non-recurring income.
V
Nil
168
p
114
scientists
of
discoveries
New
will
abroad
diseases in the United States,
S. Rosenstiel, Chairman -of
the
Board of Schenley Industries,
Inc., through arrangements just
completed by Schenley Laboratories, Inc., the company's pharmaceutiannounced
was
cal
June
on
by
27
LISTING—Company has
agreed to make
on the New York Stock Exchange.
_
and British
American
of
approval
with
made
arrangements,
at Xeverkusen and Elberfeld
Rosenstiel said.
Under the
agreement, Schenley Laboratories is entitled to licenses for the produc¬
tion in the United States of any Bayer developments in the preven¬
tion, treatment and cure of disease.
In addition to pharmaceuticals
tor medical and dental use, veterinary products are included.
At
the-same
time, it was announced that Schenley Laboratories,
one
of the largest U. 8/ producers of
penicillin and penicillin prod¬
ucts,
recently completed the
development of an improved process
for production
of streptomycin at its plant at Lawrenceburg, Ind..
and is inaugurating nation-wide distribution
of this important anti¬
biotic through distributors to hospitals, physicians and drug stores.
The company, it was stated, is now distributing Streptomycin Sulfate
Schenley, which is used to treat tuberculosis, tularemia (rabbit fever),
certain forms of influenza, and various infections of the bladder and
kidneys.
Streptomycin
has
also
proved effective against bacterial
infections which do not yield to treatment with penicillin.
Ihitiax shipments
have already been made to principal cities, so
the
that
U.
distributors
S.
Outlets
and
Canada
in
countries
foreign
other
.
HISTORY
cn
vested
Is
Allied
in
the
laboratories,
lor
the
public
tropical
which
Control
it
be
the
to
Schenley Laboratories,
countries,
of
its
under
the
research
the
in
European
According
know-how
production
increase
to
and
ducing
169,
the
of
Recovery
the
drug for
if
,
>
,
r
also
6%;
Justice
decree
Under
its
its
-The
U.
leaving
the
District
S.
Court
the
than
The
in
at
1939.
Last
Court
Buffalo,
Ohio,
proposed
suit
"
C.
were
government.
of
Maryland.
and
and
further
the
sent
Ripley
Allyn
&
&
.,
can
acquire
proval... ■
The Justice
towns
bid
where
for
60%
proceedings
J.
back
66%%
distributors.
the
the
feature
year
limited
the
eight
to
basis.
of
of each
limits
film
restrictions
V
any
by
year
Chain
;
,r.
...
bid
tor
ftfaas
buying
major
Co.—
&
consent
decree
covers
*y,.'V
500,000
__
&
""
Securities
.
in
__
Co
&
Net
sales
Profit
30—
income
income
1948
1949
___
before
Federal
*
Piper,
Net
profit
taxes
ard
$45,909
Nil
$0.03
.
J,
W.
&
Marache
share
on
holders
from
the
of
have
$4
new
record
June
16.
declared
cumulative
July
1949
to
an
15,
Aug.
1949.
1,
Initial
dividend
preferred stock,
This payment
1949.—V.
1G9,
p.
50
of
The
payable
covers
...
Lane,
Space
to
company
has
called
for
redemption
&
will
be
taxes
profit
169,
made
at
The
Marine
Midland
Trust
Co.
of
New
York,
..
Seagram & Sons, Inc.
—
Debentures Of¬
fered—A
nation wide, group of 80 underwriters headed
by Harriman Ripley & Co., on July 29 offered $50,000,000
25-year 3% debentures, due June 1, 1974, at 99Vs% and
accrued interest; at which the yield is 3.05% to maturity.
Dated June
1, 1949; due June 1, 1974.
Coupon debentures in denom.
•of
$1,000,
registerab^e as to principal, and fully registered debentures
in
denom.
of
cipal
and
$1,000(
interest
$5,000
(J &
authorized
and" other
denominations. Prin¬
principal office of Bankers
Trust Co., New York, trustee.
Debentures are subject to redemption
at the option of the company as a whole or in part by lot at any
time upon not less than 45 days' published notice^at the following
D)
payable
at the
1954, at 102%% ; there¬
thereafter to and incl.
June 1,
1964, at 101%%;
to and incl. June 1, 1969, at
101%; thereafter to and incl. June 1, 1972, at 100%%; thereafter
until maturity,
at 100% ; in each case with accrued interest to the
date of redemption.
*
*
..."
•
The indenture provides for a sinking
fund to retire by June 1,
1951, and by each June 1 thereafter, varying principal amounts of
debentures, commencing with $650,000 principal amount in 1951 and
Increasing thereafter to $3,500,000 principal amoynt in each of the
years 1973 and 1974.
The sinking fund is calculated to retire all of
the debentures by maturity. Sinking fund payments may be anticipated
redemption
after
to
prices:
and
incl.
To
and .including
June
1,
June
1959, at
thereafter
1,
102%;
,
V.
*
Ltd.—Earnings—
4
;
1949—8 Mos.—1948
$3,012,184
1,449,593
1949—Month—1948
$429,262
—
$3 408,066
1,610,855
$384,984
' 190,400
75,794-
183,432
61,275
557,663
493,125
148,904
136,829
1,174,791
1,087,506
$14,164
;
_>
$3,448
$64,757
♦$18,040
;
Oiiiiiti
Corp.
1890.
169, p.
300,000
300,000
'
Secu¬
Weld
.*/;
:
&
;
..
?
taxes
profit
Net
shares
Common
Earns,
i
kwh.
year,
ing
letter
to
..
stockholders
about
'_?'w
1
17,220,000
of
record
June
the
said
Proceeds
of
the
RFC
loan
29,465,000
1947
•
' -T' ^
1%next; $248,000
103 'a'ttdf interest.
called
♦188
12,711
4,830
Co.—Earnings-^ <
rev
1949—4 Mos.—1948
1949—Month—1948
$4,162,502
12,046
revenues....
oper.
$4,039,928 $16,506,721 ^15,897,936
6,903
35,704
f 25,157
,
LJ.
Operating
Operating
3,173,615
438,685
expenses
taxes
$16,471,Oil $15',87|,779
12,535,679
12,135,393
$4,033,025
3,099,343
408,016
$4,150,456
Operating revenues
♦$188
$7,881
122,700
122,700
Nil
$0.06
;
.
the
stock and said it expected to
outstanding common stock, or
vote
at
the annual meeting.
agreement.
would be used for
program of the company and Its subsidiaries.
The company's entry into manufacturing of
Segal
$538,156
439,801
income
charges
1,770,297
1,648,568
$2,165,041
1,751,745
" $525,666
438,970
169, p. 2533.,
$2,088,818
1,166,942
,/r
-
providing facilities for
declared.
afford
plant is
zippers will help
The
zipper
Gas Co.—Common Stock Heavily
The cotapany received subscriptions
Southern " Natural
Oversubscribed
—
its warrant offering
subscription rate: of
95,333 shares more than the 141,858 snSfes
company offered stockholders of record June
share in the ratio of one new share fopeach
237,191 common shares under
which expired June 28.
This is a
167%,
or
which the
?
Inc.—Proxies Sought—
may
operating
after
for
*
concerning
24
■•"-
1946
at the new fastener plant at Sumter, S. C.,
expansion program at the hardware plant at Norwalk,
Conn., repayment of outstanding, short-term bank loans, redemption
of outstanding 6%
debentures and working capital for the expanded
Mr.
'
mentioned
Southern New England Telephone
$459,937
production
diversification,
'■'•
111.
the
f
completing
necessary
of
places
-1948
i
$456,203
$0.29
;
asked to ratify the RFC loan
increased
_?*
« : v
bonds may present- them at anv time at any
about and receive immediate payments of
redemption price with interest to Aug.- 1, 1949.—V. 167, y, 4493.
Chicago,
Holders
,—V.
122,700
675,000 shares of common
proxies for a majority of the
are
^
Payment will be made at the American Trust Co., trustee, 464 Cilifornia Street, San Francisco, Calif., or, at the option of the holder,
at
the Bankers Trust Co., 16
Wall Street, New York, N; ■ Y.'* o*; at
the Continental Illinois National Bank & Trust Co., 231 So. LaSalle
Uncollect.'
2,000,000 shares.
Stockholders
They
'
;
California^3P|iftiat Re¬
,
„
.
about
obtain
•.
The-company has called for redemption <Sn Aug.
of"Mst mortgage bonds, 3% series due 1971, at
Operating
annual meeting to be
held on Aug. 3, Louis Segal, President, attacked a slate of nominees
for directors put forward by an independent* stockholders' committee
as
"a group of untried individuals who lack the know-how required
in the manufacture of your company's products and who have no way
of knowing the problems about the business."
"■
Mr.
.Segal declared
that the election of these nominees would
jeopardize a proposed loan of $1,750,000 to
the company by the
Reconstruction Finance Corporation.
.
.
The
stockholders' committee which seeks control of the company
is headed by Joseph D. McGoldrick, former Comptroller of New York
City.
The committee recently reported it had signed proxies represent¬
a
.
demption—
Period End. Apr. 30—
$42,387,661 $72,297,013
$36,024
'
Segal Lock & Hardware Co.,
In
'
,
Southern Counties Gas Co. of
,
.
o
-
1948
$740,647
61,857
25,833
$0.94
-
3.106,000
week last
15.9%.—V. 169, p. 2757.
increase of
? '
an
of
1949—9 Mos.
v
'
122,700
168, p. 1804.
Output—
$6,450,058 $25,167,661 $42,832,013
1949
$1,018,953
186,361
70,815
share.
per
♦Loss.—V.
'
output for the week ended June 22, 1949, totaled
compared with 2,680,000 kwh. for the corresponding
as
Street,
STATEMENT
H
$115,546
1
outstg.
com.
,
?'?•'■".
.
Net
taxes.—
Co. Are
'
Co.—.—
.
,
'
,916,617
-
Fed,
?,->* .?
the common stockholders1 of The, Cpmin accordance with the Commonwealth
plan for dissolution which has been approved by the SEC and is now
awaiting the order of the
Federal District Court at Wilmington!
—V. 169, p. 1341,
'
'
' £
•to be distributed to
monwealth & Southern Corp.
proposed
1,500,000
300,000
&
Witter
Dean
Corp.—Earnings—
Fed.
,
of
$5,025,370 for the five months ended May 31, 1948. '
The 12,020,000 shares of common stock of The Southern
1,600,000
Corp...
Co..—. 1,000,000
400,000
500,000
Harold E. Wood & Co.—
100,000
White,
.-a
■
together
May 31 of this year amounted to $12,842,000, or at the rate <$i $l j)7
per share
of common, stock.
The consolidated net income for .the
five months pnded May 31, 1949, was $6,901,587 which compares .yjLth
2756.
—
bef.
for
29.
Co.,
Whiting, Weeks & Stubbs
$14,286,617 $10,915,058
5,370,000
4,465,000
Quarter End. Mar. 31—
June
Power
and Gulf Power Co.
,
100,000
& Co
Walker
H.
G.
'
with Alabama Power Co., Mississippi
Florida, are subsidiaries of Southern
Co., which has been approved by the Securities and Exchange Commis¬
sion
as
a
holding company.
The four companies comprise amjintegrated operation.
-•
^
Regular, quarterly dividend of 15 cent^ per share was declared?Pay¬
able June 29 on common, stock of The Southern Co., all of whicjx is
owned by The Commonwealth & Southern Corp. (Del.).
The consolidated net income of Southern for the 12 months? ending
Georgia
Electric
7
1949—3 Mos.—1948
——
p.
■
Yates,
Power Co.
Shep-
Webster
&
rities
EARNINGS
.
A.
directors
of
Co.—
Union Securities
trustee, 120 Broadway, New York, N. Y.—V. 168, p. 2231.
(Joseph E.)
to« the
-
installed
an
'
Southern Colorado Power Co.—Weekly
Co.^—
•
Prov.
1,
1949. for
account of the sinking fund, $70,000 of Deerfield Packing Corp
3%%
sinking fund debentures due Feb. l, 1962, at 101 % and interest. Pay¬
ment
profs,
exc.
Sales
Aug.
on
license
President, announ9ed that C. B. McManus, President
Georgia Power Co., was elected a director at a meeting of the board
of
600,000
Gardner...
&
&
&
Riter
<
Ujlvl»
oper.
dU
Seagrave
period
2756.
50-vear
project, with
Southern Co.—New DirectorE.
Net
Seabrook Farms Co.—Partial Redemption—
The
all
cLJLl/CX
after
charges
Inc.
per
l
of 'a
issuance
hydroelectric
a
169, p. 2648.
maintenance..
400,000
Stone
&
Period End. Apr. 30—
Profit
/
&
Jackson
150,000
CONSOLIDATED
-V.
Aug,
t
of
horsepower, on the San Joaquin River in central
company has estimated cost of the development "at
The
Oper.
400,000
Co...———
&
Reynolds
600,000
300,000
& Co
Co
Illinois
&
Reinholdt
300,000
$0.20
the
authorized
28
•
1
Co.,
Inc.
—150,000
Johnston, Lemon & Co..
100,000
Kalman & Co., Inc
150,000
Kebbon, McCormick &
$292,927
cents
J
Constructioft
—
115,000
Taxes
1,500,000
600,000
Weeks
Si
Hutton
Johnson,
Scott Paper Co., Chester, Pa.—Initial Dividend—
directors
June
earnings
100,000
z.^ 400,000
,250,000
Chas. W. Scjanton & Co,v 150,000
Singer, Deane & Scribner,. 200,000
Smith, Barney & Co.—./ 1,500,000
Smith, Moore & Co..—
100,000Spencer Trask & Co...
500,000
Stein Bros. & Boyce___
200,000
250,000
Co,:
Si c
Hilliard & Son.
B.
E.
Net
The
-.
:
"«•
Co.
'
1589.
p.
FPC
for construction of
300,000
Co,
Hawley,
Co., Inc
Putnam
100,000
1947
$93,091
share
common
168,
r
.*,■ v
..
150,000
Prescott,
&
Parsons
Hornblower
$11,286,240 $11,676,174 $12,425,879
<■150,147
72,121
v 501,686
Cr57,056
26,212
208,759
—
taxes...
_____
per
♦Loss.—V.
The
of
300,000
wood
150,000
200,000
Co.
Profit
Ullv
Earnings
•
1,500,000
Fenn & Co
Jaffray & Hop-*
Phelps,
Inc.--.150,000
Co.... 1,500,000
Nolan
Forgan
Granbery,
J.
Theatres,
(Including Wholly-Owned Subsidiaries)
-
retu<nipg
•
\
Edison
California
company
Pierce,
Webber,
Ciirtis
400,000
600,000
-
250,000
Hayden, Miller & Co
400,000
Hayden, Stone & Co.___ 1,500,000
Hemphill, Noyes & Co...
500,000
Schulte, Inc.—Earnings—
6 Months Ended April
-
Hydroelectric Project—
1,000,000
Co._______
&
Lynch,
Paine,
1,000,000
...
■
Texas,
1491.
above.
City Electric Co.
Southern
♦Deficit.—V.
& Co.—
300,000The
Milwaukee
Co-x_250,000,
Minsch, Monell & Co.__
150,000
Moore, Leonard & Lynch
100,000
Morgan Stanley & Co.__ 2,300,000
Th* Ohio Company____;'
200,000
Pacific Northwest Co.—' 250,000
2,3p0,000
!
vGraham,
,iy
three-
a
Atlantic
are
Fenner & Beane—_J__
Goldman, Sachs & Co.1,600,000" *
Inc., "the following companies
and
officers:
Schine
Circuit,
Inc.;
Schine
Theatrical
Co,,
Inc.;
Schine Enterprises Corp.; Schine Lexington Corp.; Chesapeake Thea¬
tres Corp.;
J. Myer Schine, Louis W. Schine and J(ftin A. May.—
V. 159, p. 2123.
\
■?'?
<D. A.)
See
Rhoades
&
Masten
Merrill
/ 250,000
200,000
Glover & MacGregor, Inc.
,
for *
are
Houston,
at
169, /p.
"
South Jersey Power & Light Co.—Merger—
Merrill, Turben
Co.-:
Co.
&
Glore,
Vheatre-
a
Co.
1945.—V.
in
.
i
Corp
Loeb,
McDonald
500,000
&
House
E.
A.
Co.
__
Clark
Fclger,
for
,
on
...
Surplus
Laurence M. Marks & Co.
1,000,000
Farwell, Chgpman & Co.
First of Michigan Corp.
*
the
in
W.
Corp.
ap¬
.
suit
Republic
Equitable
year.
bidding
Rubber
Sinclair
York .office
■
the
—..—._—
100,000
& Sons__
Brown
Corp.
competition in
exhibitors also
to
the
of
New
and
Brothers
M.
Co.
&
150,000
•
Co.—
&
Higginson
Carl
■'
Schine
y„
Bradford
Drexel
53
film
on
''-,?
anti-trust
Schine
.
_
300,000
Dillon, Read Si Co. Ine._
The Dominion Securities
of the 80 feature films
distributors, to their highest selling
48 -to
Co.____
Blair &
Estabrook
other
in
500.000
(Inc.I
the 40-odd
Department
strengthen
released
theatres ^toust
The
government's
to
Justice
where
decree
films
buying
major
Schine
period.
The
addition
the
'
*
underwriter
each
by
Lehman
Co.
Inc.
Curtiss,
r
cases,
by-theatre
,
to
and
;
ail
with
that
theatres
owns
pictures,
of
also
by
only
brackets.
In
Treasurer
to
Int., deprec., & divids..
Lee
Co.,
100,000
C,
E.
the
to
Allen,
Gross
200,000
500,000
300,000
Inc.
&
Bond
Central
'
said'
Department
first-run
allotted
on June 27
announced the election of C. J. Allen
and X Jj Bergholt as Assistant Treasurer.
.
Who joined the company in
1921, became ,.Asslttapt\
Treasurer in 1946, which position he still holds.
•
> ,r,f
/ Mrt Bergholt joined, the company in 1033 and in 1942 was elected
company
Vice-Prerident
Mr.
Kidder, Peabody & Co.. 1,500,000
Kirkpatrick-Pettis Co.—
100,000
Kuhn, Loeb & Co....— 2,300,000
Laird, Bissell & Meeds.
250,000
W. C. Langley & Co
500,000
Lazard Freres & Co._.__ 1,500,000
Becker & Co,
Alex.
•* \
years in which to dispose
of them must be disposed
theatres
new
Schine
is
Sinclair Refining Co.—Officials PromotedThe
as
'
underwriters
several
purchased
be
to
Co.,
__i_$4,000,000
Bosworth, Sullivan & Co.
to
as
I
to
Schine
150,000 shs.
the
of
names
$2.62
$2.05
.
2648.
p.
Southern Canada Power Co.,
<191,542% shs.
"2,250 shs.
200,000 shs.
$100) —
BJyth & Co., Inc........ 2,300,000
in
.?
..
corporation ?b|is three
theatres.
At least one-third
Schine
-
169,
210,000
'*.-
Co.,
Baird
Bankers
G.
William
**
case
$457,250
Perio'd End. May 31—
Corporation-Seagrams Ltd.
Inc.
<
located
are
$464,906
Outstanding
•
W.
A.
originally filed 4n August,•
Court upheld the governmenFs^jharges
for
begun^,-.1 \
The
1950
(par
Whipple & Co
The
'
'
was
exhibition,,
Buffalo
the
by
dispose
must
Kentucky
Supreme
film
in
at
•
exactly what
theatres Schine must give up and what trade practices it must follow.
Some further proceedings were held, and then consent decree negoti¬
ations
1.
stk.
Baker, Weeks & Harden
of
40
$661,250
$19,406,500.—V.
500,000
L
about
196,813
$374,906
210,000
Earnings per common sharer—226,584 shares
'
Judge John Knight in the
on
June 24, is considerably
Y.,
N.
company
anti-trust
the
year
monopoly
a.
to give up
100 theatres.
11,430
$55,070
requirements
dividend
Balance
—V.
$796,411
129,|6l
s*::
24
have
than
more
originally
the
York,
New
will
•2,195
*
$50,189
California.
FINANCING
PRESENT
TO
$100)--
thereof
amount
Inc.
approved by Federal
which
government's
District
with
decree
theatres
towns
cordials.
•
17,052
-
Distillers
{>y
follows;
Harriman
announced a
10-year-old anti-trust
June
on
government's
company
it
decree,
The
of
of
corporation
-
this
consent
milder
39
and
settlement
terms
theatres,
United
5,159,000
pfd.
(par
Robert
against the firm,
case
the
In
■"4.359,000
held
principal
A.
Department
$871,719
44,465,000
..
Bacon,
consent
and
EFFECT
GIVING
UNDERWRITERS—The
plant is pro¬
Roussel-Schenley.—V.
of
name
$61,619
capacity
distributor
sole
50,000,000
debt:.
non-cum.
♦All
as
13,898
$72,122
$794,216
$857,821
DrSO
applic. to common stock and surplus
Preferred
Mackie's and Watson's
the
as
brandies
wines,
debenture due July
6%
Schine Chain Stores, Inc.—Consent Decree—
The
acts
debentures due June 1, 1966
Common-stock
This
antibiotics.
$61,709
259
deductions*...
income
Net
$50,000,000
20-yr. 2%%
,
■kb;
1949—12 Mos.—1948
$4,0.5,434
$3,693,408
3,237,613
2,899,189
$71,863
(net loss)
income^..—__
Income
Indiana
in
debentures, due June 1,1974. $50,000,000
Subordinated
■
participating'
nations
by
use
Program.
production of other
under
the
brand
penicillin
1819.
p.
various
of
25-yr. 3%
la
enter
to
and
Gross
and
Authorized
of
pn
V.y-i'V
1949—Month—1948 :
$343,743
$293,569
271,879
231,860
income..
oper.
income
Other
the
to
de
Limited
CAPITALIZATION
Schenley announcement, the plant of the Societe
Penicilline, which was built In France in 1943 with "
Schenley's technical assistance, is in full operation and is in process
of enlarging its facilities to double its existing capacity for penicillin
Francaise
incorporated
was
operating and a holding company.
of Distillers Corporation-Seagrams
an
subsidiary
the United States of White Horse,
whiskies
States
arrangement
technical
worth
Scotch
exports pharmaceuticals to 62 foreign
will make available results
which
streptomycin in the Western zones of Germany.
Streptomycin, it was said, is widely used in Europe in the treatment of
tuberculosis, and the E. C. A. has financed the purchase of approxi¬
$9,000,000
distributor in
at
penicillin and
mately
Company is
*
new
and
1S46
to
BUSINESS—Company
wholly-owned
ail of its subsidiaries.
*• '*:
The company and its subsidiaries distill, blend and market, prin¬
cipally in the United States, various brands of whiskies and gihs.»
In addition, one of the company's subsidiaries imports and markets
in the United States Seagram's V.O.
and Seagram's "83," Canadian
whiskies produced by a subsidiary of Distillers Corporation-Seagrams
Ltd. in Canada.
Another subsidiary of the companv acts as the sole
the
stated.
was
prior
AND
1933.
23,
a
Corporation-Seagrams
direction of a control, officer
for Germany,
have already been made
pharmaceutical industry here by U. S.
under
are
Commission
available
and
authorities,
made
Discoveries
authorities.
is
Canada,; and it now controls through stock ownership of' all
of the affiliated distillery operating and sales companies in the United
States.
Certain of the present subsidiaries of the company were in
the past direct subsidiaries of Distillers Corporation-Seagrams Limited.
The consolidated total assets of the company and its subsidiaries
are
more * than
86%
of
the
consolidated total assets of Distillers
infectious
and
Utility
Limited,
diseases and anti-viral
preparations were announced as the principal current fields of re¬
search activity
of the Bayer pharmaceutical business, title to which
tuberculosis,
Cancer,
Oct.
It
added.
cut
to
company,
requiring, exclusive of accrued interest, a total of $45,318,750; and
(2) to the prepayment of $5,000,000 of 90^day 2(4% notes outstanding *
under the
revolving credit provided by the bank credit agreement.
The proceeds of the short-term bank loans obtained under the revolving
credit were used for working capital.
were
will
marketed,
regularly
now
are
was
soon
as
,
have, stocks available, according to the
pharmaceuticals
as possible, it
company's
supplied
will
the
April 30—
Operating
revenues..—
Oper. exps. & taxes
($48,666,050) together with other funds
will be applied (1) to the prepayment of $45,000,000
of
2%
promissory notes of which $5,000,000 is due on Nov. 20 in
each of the years 1949,
1950 and 1951 and $30,000,000 is due on
"Nov. 20, 1952, outstanding under the term credit provided by a bank
credit agreement dated
as of
Nov. 20, 1947, between the company
and
27 banks,
together with -a premium in the amount of $318,750,
Mr.
Germany,
vof
zone
announcement.
the
laboratories
pharmaceutical
Western
all
Period End.
PURPOSE—The net proceeds
"of
C„
the
list
to
8.
Sierra Pacific Power Co.—Earnings—
thereafter to
application
moved from New York
to Sumter,
lie -added.—-V. 169, p. 2757.
costs,
debentures
officials, including the Bipartite Control Office and* the
Joint Export-Import Agency,
give the- Schenley pharmaceutical sub¬
sidiary access to the results of research and product development atin
1959, at 100%%;
1,
June
*
incl, June 1,1964, at 100 (4 %; thereafter until maturity, at 100%;
in each case with accrued interest to the date of redemption.
occupation
the' Bayer
being
and
Lewis
subsidiary.
The
incl
thereafter to and
101%-;
plant
and
animal
human,
combating
it
(11)511
thereafter, upon not less than 45 days' published notice at the follow¬
ing sinking fund redemption prices: To and incl. June 1, 1954, at
in
available
made
be
delivery of debentures as provided in the indenture. Redeemable,
through operation of the sinking fund cn June 1, 1951, or any June 1
•
*.
..
CHRONICLE
FINANCIAL
&
by
to New
Inc.—Unit Gets Rights
Industries,
Schenley
Discoveries—
COMMERCIAL
THE
Number 4817
Volume 170
6 at $26 a
10 shares held.
,,
.
,
......
T
•
,
5^
135,618 shares under this pre-emptive jflght,
of 96%.
Shareholders also applied j for; dan
additional
101,573 shares under the. excess subscription privilege' of
subscribing for stock not taken by other warrant holders under the
Stockholders purchased
for
subscription
a
pre-emptive
,
Since
rate
right.
.
.
....
•
than 6,000 shares are available fo£rdlssubscription, allocations will be made-i£,only
proportion of the amount of stock requested.
• i
only
a
little
more
tribution under the excess
a
small
was offered by the companv for pro rata subscription at
shal*e to stockholders of record June 26 in the ratio of one.share
10 shares held.
Stockholders subscribing pro rata weffc'Valso
offered the privilege of subscribing for additional shares of new vstock,
subject to allotment out of the shares, if any, not purchased thrfmgb
pro rata subscription.
Rights expired June 28.
The
stock
$26 per
for
each
COMPANY—Company,
was
incorporated in?Delaware Oct.
3(5,- ;?35.
Operates an interstate natural gas Dipe line system extending front gas
fields in Texas. Louisiana and Mississippi to its principal market| In
Alabama and Georgia. Its principal business is the trans¬
sale of natural gas at wholesale to other companies and
and directly to industrial users.
Company's principal
subsidiaries are engaged in the distribution of natural gas purchased
from the company to consumers In various communities in Alabama
and Mississippi and the
distribution of manufactured gas in other
communities in Alabama and Tennessee.
*
Mississippi,
mission
and
municipalities,
12
COMMERCIAL
THE
(12)
&
CHRONTCLE
FINANCIAL
'
.
Monday,. July 4, 1949
;
purpose—To provide funds for additions to the company's properand to provide for an additional investment by the company in
common stock of its subsidiary, Alabama Gas Corp.
-
.
the
fAVfrAT T7ATTnN
CAPITALIZATION
r.Tvmo
GIVING
effect
EFFECT
•
pipe
sinking
line
bonds,
3%
series
serial
due
notes
Nov.
Common
stock'(par $7,50),
:
Alteir
10,200,000
tl,560,436 shs.,
2,000,000 shs.
—
000
special. cnarges.
..
>
.14,995,165
3,459,989
$4.37
3,459,989
$4.33
$3.44
-
000'J inventory
$2 OOO/OOt)
mi,ent<ory
,Alter-
-
$11,550,000
—
"
.15,122,314
3,459,988
_
-
,
j
0,
v.
Income
income
mortgage bonds due
3%%-series
1971—
__—
',
/o
\
c..u<.
Quarter Ended March 31—
Sales
...
.
,
J'S'nSn
—
QR?ono
cumul
prior
serial
May
anv
to
."
Profit
of the company
after
7.071,846
2,770,760
$4 251 846
charges————
of
of
to
Gas
indebtedness
in
—v.
at
—
1947
-——
«i
•
Income
(ended
March
♦Excluding dividend, paid
«tock
-
•
Dividends of
J.948,
and
50
cents
March
-on
for each
share
per
12
and
were
June
1949.
a"d
:
-
(Gross
Wet
•^From
January l
will,
from
Met ry.
.
*
Period—
(Gross
P«. 2757.
has
*,
p
•Uncollect,
Apr
oper.
30—
''
-
1
been
set
.operating
-
rev,—
at
Chicago,
stock
common
$5,000,000.
who
<no
Union
program.
-J'■'
T til
"Toronto
.'
8
.
*
2,400
.
«
,
$47,585
$48,464
24,277
169. p. 2215.
$1 r.fii 382
i;
29,371
42,389
-
also
stock
common
($1
;
•.
par)
nad
par)
:-
ownod
^ ^ sh®reS^;
1
written by
share
McDonnell,
2,200
■
power
$1
1j8'822
15W
$169,499
92,548
118,239
July
:
,
,
t...
„
M^vC°169f p. 2757. COrP°rate trUStee' 208 S0',LaSalle
169, uhi2C?5g7°'
169,
2757.
p.
.
for
Sookanp International KK.
APOKane international Rl?
Met
/
Bank
in
Dividend—
St.'
;
,
ry.
exniret
Met
$195,917
railway——
railway—-
$156,073
record
per.
t
railway
4,218
-
iniv
809,179
814,166
112,557
-
_/
"
166]915
*2,159"'
common;-
/
lpq
"
J
be $102
1QQ0
n
n-i
13,157
•: ' '
'
*
«•
u
.
stares, due
,
N< "Y-—V.
15,
/
•
/
t
i*mrpffic
Af
fVio
a
-
-
•
I,.
j
June
the
A,,
t
taxes
-
1,448,424
1949
r
The
.
1947
' ••"..
•;
,,$926,738
$o.97
$745,248
$0.60
:
"
shares.—V.—169,
p.
1998.
■
:
Met
!
profit
profit aft
Capital
armings
y
per
jgg
p
IVa'll
—■
share
-J34'
$1.07
ov'
%
p'
and Trans.
'
Agt.
^ aPP°intfd r„egistrar and Manu"
' has been appointed transfer agent for
cumulative preferred, $100 par stock. See
lonrf
Staten Island Rapid Transit Ry.—Earnings
Cross
■
r
'
$331,399
$255,246
$259 876
48.223
*6,323
4^746
*63,823
^Prom January 1
Cross
:
194?
$241,499
railway—
1948
noo'?AA
from
from
railwav
^ from railway
^ ry^per income"""
+r*fMt
','*%•
-lv
1
1Q6 047
-
*11
1
IS
*256984
T"ocoJ'4
lb9> P« 2534.
^17
inn
1
'UfA
•wa'SS
1
om
"*49,210
.
r.
1-354'285
*256,002
1 fto
'
.
Dividend—
*253,092
.
*241,462
dent
to
the
,v
-
^Nil.
tProfit.—Y.
v. •.•.
?46
t7i,484
296,300
169,
T-,.,
S2 402 718
490
last
year
-
-
of
p.
209.
ri
'
/
July
per
share
was
•«
the..usual
™
quarterly
dividend
June
and
brought -the
1
Dec., 1,
which
to holders
share.—V. J.69,
per
,i.
$P-48i
Z.o
-
/
•-„
r,
.
,
.
"
no
question
but
,
,
that
Lia.
.
,
.
«n4c
^0.40
Light
com-
'
.
'
'1
Board
to
the
succeed
the
late
A.
P.
Andrews,
f®'®63
65,014
director.—V. 169,
p.
2035
and
Treasurer,
;
-
Webster
Securities
of July
l geparate trading in
stock will be permissible on a,
/
•:
812,047
-
84»44§
32,28d
.*
.
1,309,000
$563,180
$0.90
1,097 100
;
$2,396,920. $2 125.195
$1.02 *
""
$4.36
$3 86
'
-
/.
"r *.- •"
"
/
•
Corp:,
*
man-
the notes and
common
"when delivered Oct. 1, 1949" basis.
York
has
been
elected
Assistant
Secretary
in
New
be
may
an
stockholders,- it-r-was
Assistant
York
registrar
company's
and
p. 2535.
;
Eiectrio6 Power "&
(COr?'
its
to
York
In: New
,.
transfer
c
1949
,
•
1948
/
,1947
-*1946
$18,081,098 $14,077,3l8t
1,067,753
538,194:
203,351
310,415
356,182
309,756
.75,842
262,911
,303,199
132,932:
$454,798
$201-,911'
299,566
299.566:
$1.52
$b.6T
$183,764
TT
shares
2535.
,
c,
.y
•
.
;
$376,339
299,566
share—___
per
jgg
-
*$0.61
•
•/
299,566
$1.25
-
."
~
Quarters Ended March 31—
Net mcome aft. taxes & charges—
Common shares outstanding—___
Earnings
Net
in the
per
sales
same
the
1949
period
'
Subs.)-Earnmgs- ;
1949
in
1948
1947
$5,311,542
$5,332,029
1,599,354
.1,598,389
$3.24
$3.25
share
common
for
•
e
G™SUm C°
.
quarter
1948.—V.
$3,766,302
1,597,654
$2.27
_
were
$31,718,102, against $33,100,622
159, p. 210.
'
*
-
located
are
,
Earnings—
—$18,126,838 $19,341,101
& exp.
;
570,021
995,432
capital
Earned
'
representative-
agent
.
costs
profit
of
...
*
thought
Secretary and Treas-
company
...
-
,
a
L_
Net
,
No.
•
"
-
as
New
•/
has.
a§iug underwriters of the syndicate which pubilcly offered on Dec.
2, 1949 for the corporation $26,500,000 6% interim notes due May
h 1951 and P30'000 shares of common stock in the form of units'
as
$493,676
"
".Federal tax provisions—
■
Transcontinental Gas Pipe Line Corp.—Separate Trading in Notes and Stock—
&
294,000
$4,131,076
50,866
...
L_^
'
.
aft.
'•
'
•
■
.
revenue
.
*
white, Weld & Co. and Stone
*
262,500
Quarter End. Mar. 31—
.
.
the
as
"Gross
normal
./
there
-Profit
•■,.•»
Giannini..
Vice-President
-r.
959,375
Depr., int.,& gen./taxes '.
Executive Vice-President, has been named Presithat has existed since the death of John M.
vacancy
W.
L.
*
\
-1949-V-9 Mos.Xi948
United States Freight Co.-(& Subs.)
generally
more
*
•
_
oUDS.)—Earnings
$4,772,030
'
in New York.—V. 169,
/
-
-
„
conditions
a
.
(&
L,?
$0.33
.
co'cE«
58,560
is. being .distributed
that
.inasmuch
>
.
•
'
that
.
102000
79
:
'
,
250,879
^
Corp.
urer .^so
i
Lower—
and
«n
$0,32
•
:
$1,188,588
'
•
advisable-to maintain
V. 168,
,,,
v
business
102 000
$0.46
/. 298,461
—_
,•
y,
102 000
Companies
.
^
-
1949—3 Mos.--.1948
taxes
.
1947
$1,137,068
share-—
per
;;
1948
_
deprec.—
r,.$4.8S
.
JLarningS
_
*:
239/570
TTar-nincrc
t'naa.
UOal
$1,199,072
239,570
nu
income taxes.-V. 169, p. 2689.-
100 130
_
Electric
^
Aia
$72,014
239 570
$o.m
$0.64
Donald T. Howell of
186 805
;
market
*$208,309
J™'*?"'»"'« this cor.
poration is opening at 2 Rector Street, New York, N. Y.
The headquarters of the company remains in. Shreveport, La,-'but
because of the proposed dissolution of Electric Power & Light Corp.,
'
462 126
'
tNet loss.
••
.
'
tgi
florf"
income
„
,.
-
?I'no
Aoo
239,570
Nil
Sfres"
^V. 169;p. 1821.
*
462 126
,
Subs.)—Earnings—
-
and
Earnings
S2 076 739
"-S
.
Corp)
United Gas Corp.—New Official Elected—
43 792
462 126
) "IS
days of the sellers'
easy
that
May
of
$1.12^
1
To
Net-income
;
...
.
announce
period
record
holders
W8'988
r,hA*nir'aic
common
01
Federal
President, on June 22 stated that although sales
five months of this year were off-about T8%.„ from the
in 1948, profits'were down only about 8%. Factors con- '
this result were price changes, a higher proportion of
a
cents
stock, payable Sept.
on
V/iiemicaiS,
' ..
United
Sears,
1941.
been elected
65
the
to
15
common 'stock in 1948 to $1.50
""T IT™
Misc. deductions .(net)
ti36,882
296,300
•
Si 894 630
119 933
462:126
',
f
„
Husbands,
fill
in
for
common
'
T
T
H.
stock
of
dividend /of
27; declared
the
on
Period End. April 30—
Profit from operations-
Transamerica Corp.—New President, Etc.—
*
James P' Cavagnaro, Senior Vice-President, has been elected Chair-'
of
July
dividend
_
v. *io»( p.
,
situation exists," Mr. Sears said. "Towmotor is meeting
this challenge through improvement of its lift trucks, which are costreducing machines, and through added sales efforts."—V. 169. p. 2035
Grant
«'
1949
5S
::
,
past the
Sam
•
A
May—
•
—
-man
J
,
r
•
,
•
.
,
charges and Federal income taxes.
t
Corp.—Registrar
d
"v icq
competitive
$0.87
.>n June
$3,835,184
gross income from finance fees of subsidiary finance
"There can be
'
directors
vuliea
•
Apr. 23,!49-Apr,.24,'4B,.Apr. 19,'47. Apr. 20,'46-
.'
300-000
V
n
'
-
i
are
•
tfio
■
Zom"ZharPs
nf
281-899
!' tn
«nao
v
1946
$4,083,818
28,726
296,300
/Nil
part sales, and improved cost control..
o?V'Zaa
'
2320
S IhftS
Number
„
94721a
outstanding
Staten Island Edison
v
2439.
p.
^
Depletion
-
1947
$4,144,290
Si 948 387
Lester M.
for-the first
'-same period
tributing to
tftS9
payable
quarterly
—
Towmotor Corp.—Sales and Profits
'
.7]?4JL
"charees &TZaxea
shares
-
%£t
Nil
21
1949,
regular
preferred
reorganiza.-i'f" P10"1 a"« charges.
the
••
.1948
$4,012,975
296,300
Dr®TitT"I"r'*""r"~7T
.tNet
-
*
on
Tilo Roofing Co., Inc. (& Subs.)—Earnings— '
*t
$537,202
$0.48
-.Standard Stoker Co.,
Inc.—Earnings
(Gross
a
7,000 shares
.
initial
en
1949
_
1949
6,002
including
oL
P-fO^-v;
•
,
\
'- V
,
-
16 Weeks Ended-
104^
15,
cumulative
may'
Corp.
-
outstanding
*
/
.
Mnrrh
,
,,
;
;
j
Subs.)—Earnings—
July
TjnifpH
'.
Transit
committee
.
•♦After-charges and income taxes,
-
•
Ouarter FndpH
$11.25
,
/
.
*Net pK>fIt a"ef charges and.Federal
\
/
.
_
Capital shs.
to be. supplied by
1948
$1,456,233
common
.
*Ne| loss
deben-
'' "
_
$4.50
bbaiesoutstdg
Earns per tom. share-
the
2758.
p.
.
,
to
disbursed
of
to
*Sales
.
independent
PCr share—-
.
as the principal underwriter.
_
share—
(
SEC
.
c,
—
on
the
g
USed t0 repIenish working capital r
expenditures and.tq provide funds for further
company and its subsldiaries.-V.
169, p. 2757,.;
<Juarter End. Mar, 31—
Met, profit aft. charges
i*Based
and
price
,
24: declared
i
,
-Standard Steel Spring Co.
(&
per
with
value
Net sales
-
iC
,
*nd
-
an<Mnderwr»l,e terms .are
cwtt.1 outlays k
by
•Earned
statement
the
Quarters End. Mar. 31—
-
registration
Co-i8 named
fi„on
«J?a?e?iPt!d
CiOM.
;
OI America—Initial
^et^ 1()SS af ier. charges-
■''
Third "Avenue
of
(John R.) Thompson Co. (& Silbs.)—Earnings—
-
.
'
^
'.**■"
'
of
lines
of
-
;
offering 0f $150,000,000 of 25-year 2%%
1974.
■JKi?<fg«?f3^n,ey
ISndment
P
;
"
under-
The
;
./
bondholders
view
169,
71984
v
filed
sale
1949
_„te
.
5o!5l7
,
.
•
571 696
1991612
„
the
the
on
The first full
-
collateral securing first mortgage bonds,
City, and data with respect to the per-.
sonnel of the committec4)y communicating with the committee.
:!
The members of the independent committee for first mortgage bonds
aret Harry R. Ammott. Chairman; Ralph;, H. Haas and Wadsworth
Garfield, Secretary, with Marshall. Bratter, Seligson & Klein, Booth
& Baron counsel. Office, Room 1108, 31 Nassau Street/New York 5,
f
/65,533
"
,
,
public
July
t
be
v
on
p-
'
r:
.
mortgage
possible
'•
949f*
/*T
/The company June 30
the
preferred
/
-
g 1949 construction program.-V, 168,
Z.0t^Lo?aid on the-
'
May 15, 1949 quarterly payment still due. '.
paid on Mdrch 15 and May 16, this year.-V. 169/
was
;
First
9,491
'
per share
24,
leaving the
like amount
dent Committee—
*3o!829'
1 .8 and 2426.
P.
,
t«na
Debentures—
proposing
StZ
share-for
a
;
directors
^The
This will reduce arrearages „on. this issue to 60 cents
^
_standard Oil Co. (New Jersey)—Registers $150,000,000
•
.
.
\
m ,.'
United Board & Carton
^proceedings,
1946
-772 639'
-
54,548 \
•
♦Deficit—V
•
-
-
s
,
lf,ar,
TnHp^
Third Avenue Transit Corp.—^Bondholders ,Indepen- ?
$110,230
■
45,235
,
"
■
income—_
oper.
/
,
July 5.
share,
2758.
p-
•
,
1947
$160,324
20,404
34,947
f
January 1—
railway--.! '
ry.
;
58,176
from
from
-Met
construction
by; preferred holders will then
investment group and offered to the public.
0f 25 cents per share
My"
'of
.i
.
Earnings—
1948
oper, income
From
Fnrninoc
1949
frcm
'
consideration
its
-V
,Unitea BlSCUlt CO.
was
L
;
;
St" Chica8°'
V.
•Gross
ifor
/
^
" The
;
-
ascertain
.
cash
a
.
.
6:
Thatcher Glass Manufacturing Co., Inc.—Accumulated
.
President of the First National
director.—V.. .169, p. 2757.
a
6.-V.
a
'
A
from
'
for
funds
the
.use
:
not purchased
an
*
&'Light Co., it is proposed, among other things, that the com-
$177,647
company has called for redemption on Aug.
l/ iiext, $160,000
first mortgage 3'/4%
bonds, series a, due Feb. i, 1970, at 105V4
*nd
interest.
Payment will be made at the City National Bank &
Met
would
oreferrfrt ".'t'einn''
o,
nlnv'f
;
The
CHross
the motions will be given
on
orUnion-Electric
'
-v.
offer
ing the company
,s^ock of Texas Utilities, all of which is owned by American,, be
mon
430 647
„
May—
motions
company is offering'2,000 shares of preferred and
common•
■-/
'
o*
companies
wholly Within the State of Texas and Is engaged in the generating,
distribution, and sale of -®lect"city-Prx0p"'
of
1
the
.
that
The
purchase transmission
r
Southwestern Gas & Electric Co.—Partial
Redemption
jh.
and
Judge Walter,; J.
by defense counsel
.
,
«»e public offering will
wAl/Hn<x
.irrnm
ThP
The'stock
"
Seeks Exemption From Holding
—
-'**.'
,
tvVmore^hatei
The
.
Louis, has been elected
'
statutes
District
itm
Deen.
:,c'- >{;, Z "
and
"it -11
39'038
u,
«
ruled
Electric
r
*
—
Southwestern Bell Telephone Oo.-New DirectorA.
Fraud
Union Gas System, Xnc.-Stock Offering-
,
+
»W6W£m$W$847:
$368 143
3li
taxes
"William
Mail
3.
t
StstsmGIlt
Reffistrstion
remaining lor ftale to the MblVc^'SS8 p.„l?27,„...
public.
V. 169, ^1927^^
7,032,808
1949—4 Mos—1948
550
$430 222
oper. income——
after charegs
v.
Oct.
The
.
.600
Net
Met
for
:
of the corporation, and seven
Commission reserved decision
upon the proposal of the North
$257/743f American Co: to transfer its
stock interest
(1,500/000 shares of $5 par
$Q.98 -common stock)-in Missouri
Power & Light Co. (Jefferson City) to the
1 gnion
Electric in exchange for 600,000 additional shares of Union;
^
Electric common.—Y. 169, p. 2215. '.: '
*,
'
"
„
$0.80
;,
-
Oct. 3
on
JtKKTS M*2^3$So,r.»
-—r—«—i—
.T. '-+<.*
'
Name—
above.
Union- Electric Co. of Mo.—Parent to Purchase Stock
...vthe
' 191,000
$225,717
.
iale^^he
'
16,344,-437
Jan. 1 to June 21
1949—Month—1948
revenues"
ODeratine
1842.
p.
}69i P" 2534-
1,
.
registration statement (No. 7759) which became effective Dec. 8
"*
'
$0,21
,
<£SS£V%£...
;
$29,049
"IStl
$0.56
-
^Southwestern Associated Telephone
Co,—Earnings—
Period End
taxes.—V. 168,
date was fixed June 28 by Federal
00
of
157,000
-
—
384,*
:
1
',.1947
l*-6T,500
-
*$104,645
Nil
' The
•
j
'
$75,670
130h960' '"JiX
$0.60
$0.60
'
(;rmu®t be fiIed hy July 29. His decision
'
113535.75^5;
3,583,963
3,232,715
81,750
86,572,9915 'Company Act—
21,993,348
sb il
$ .
'
■
;
,
-4
1947
*$31,222
.J11!1 0f p£eston Tucker President
other! on -charges^ of violating the
Securities Act
' *
Labuy
,1948
Cr64,000
share
169
1$488 821
821
j
,
/Texas Utilities Co.
1949
earnings
f:
V
1949
4,823,767
stating that all 999,993 shares of the
,9,465,233
-
8,149.861.11,600,593
.
90'072^
uu.ux
$4'726,' 155 "*V^!o90 ^'752!5i7
I—
v"Oil
•
($
fk oL.
$0. 0.,
'
$0.17
;
WHhdrawnZ
1946
93,510,635
—Week End. June 21
.
com-
'
company
has applied to the SEC for an-order exempting itIits
subsidiary
from all provisions of, the'- Holding^
Company Act.
r,
,
v " ..-V;
1948
.*
1949
" 1948
,
*•
Texas Utilities' subsidiaries, all of whose common, stocks are owned
—$§,201,190 $6,335,752 $138,539,700 $153,632,859
by it, are Texas Electric Service Co., Texas Power & Light Co., and
r
f
Dallas Power & Light Co.
Each company' is organized under the laws
/
•
,".t
■
i
/y of the State of Texas; and, according to the application, each operates «
income—
oper.
'V
"
90,610,622 .100,684,037
17,943,107
24,754,415
l$488
M88-82!
income .taxes—
1
per
,
The
r
railwayrailway——
,V
See American Fork & Hoe Co.
4
,
-i'.f*.',-. I \V*..
-J
$296 499
-
209,
o.
>
'^Loss.—V
;•
'
from
additional
.
'
State
income
Earnings
'
from
•Gross
—-
-IIZZ-
"'.'"i
Net
1
,
Met
the
Forging Corp.—Earnings—
^
Tucker Cftrp —Trial
-—
and
-.1.87/2
railway— $17,571,900 $20,312,188 $18,775,081 $15,090,026
from railway
3,641,780
4.509,067
4,492,599
,1,592,724
ry. joper. income.:.1,749,482
2,598,976
2,037,325
470,097
Met
•
of
True Temper Corp., Cleveland, O.—New
123,783
Total
Federal
1947
98,883
and expenses-,----—--.-Depreciation
•
"nanC""
1948
Steel
*$80,315
1
tAfter char«es and. income
.
1047
424 022
4-4,0
—.
Costs
southern Ry.-Earnings1949
taxes
ptLr ^income""
:
■
ifsv
J V,
968 081
358,081
,-.Quarter Ended March 31—
;
Future; dividends
»
within
accelerated depreciation in the amount of $45,000 because
greatly increased costs of property and equipment replacements.
the
'$746 727
Superior Steel Corp.—Earnings—
'.
j
share of stock of the company.
paid on Sept. 13 and Dec. "13,
13,
of
1
on
subsidiary of the company)
«
construction
and
by late 1950» is
505,000,000 cubic
of
* After
>
"
Williams
Quart,™ E„d.Mar.3i-
v;
"
&
.«
,|j A
.
,
taxes
*Not stated.—V. 169,
July 28/ 1947, of one share of capital
Production Co., Inc./which prior to that* time was
of Southern
income
Net profit
1.75
,
.
Capital shares outstanding—
Earnings per share—
Kn
1.50
•
.
1949
the
volumes
capacity
,
-
■
-
2.466,028
.3,1—---—,2,643,0,78^
—
.
,
$788 637
2Uri?^lS?™
Profit before
the crea-
*||
,i'?32'5®2
2,113,722
?
1843
.
'
;
.
stdck
Per share
8S
W46
schedule
to
contract
The
tNet profit
-
1D,Q
;
•
of
ultimate
an
....
common
Dividends Paid
383.
Transue
,
$1,655,760
$1-80
$2.21
Sunshine Mining Co.—Earnings—
amount
a
,
p,
169,
share
*
principal amount not exceeding 1
$50,000,000 outstanding at anyone time; issuance of bonds in addi"twin to amounts outstanding is subject to the restrictive, provisions *
•f the mortgage securing said bonds
DIVIDENDS—The following
table jshows total dividends paid and
1 .amounts per share for the years indicated;
Year
stations.
lim** /$£»£« <2>£
$0.70
Earned per shares—
mortgage
have.authorized
Corp.
'
per
>
in exchange for 11,190 shares of outstanding common
bonded
income
Earnings
.
*"
the
of
5,595 shares of
Net
...
r
amount
addition
provisions
has
Com-
day *to
per
.
.
jw?.
«««-
,;c2m"S£L«S5S£ZZZ"13&SS
■
■
maximum
a
'*5mefstocltt
tton
*
}
$62,322,216
8,267,800
'$5 207 800
^ 4 ^
,.$560,000
>
in
bonds
of
restrictive
'
,
'
principal
$150,000,000
issuance
the
to
of
issue
to
•
$640,000
—
outstanding;
the
«_
$113,709,373 $91,670,776
Delivery
line
;
Power
,
28,952.7 shs.
No,e .
'
.
1949
limited
amount
time
tAssumes
;
1.000,000,h..
20,
Nov.
outstanding is subject
securing said bonds.
1
-------
1956-
20,
one
due
notes,
♦Authorized
.
30,000 shs.
(par $50)
Mississippi Gas Company:
3%
t
stock
pfd
follows:
as
company Js presently engaged
in negotiating
contracts for increased volumes of sales and while no such contracts
have actually been signed at the present date the
company proposes
to develop additional capacity subject to F.P.C. approval as
present
and new markets justify.—Y. 169, p. 2534.
•
'
,
1947
,
The
feet Per day available through
^
1948
1949
•
-
prcssor
£,
Earnings
'"
'
-
r
•:
III Sa::::::::::--::::::::::
$3 50
r
•'
\
budget.
anticipated.
,
<Ut
'
construction
..
>nd
^
taxes
.
Studebaker Corp. (& Subs.)
Alabama Gas Corp.:
tAfter
tah«er
reserve
reseirve.
«•
r
loa, p. auj.
.
,
states
Eastern markets is proceeding according
,fi
,
;
$28,000,000
•*
1949 to
l,
c
_
*11,913,774
——
out5tftndlng_
share
per
Claude A. Williams, President,
/•
May 3,'47'};. The construction? of facilities authorized by the Federal
—$138,253,701 $137,714,840 $109,190,726 .■ mission for the; delivery of 340,000,000 cubic feet of
gas
~—r
y
;
■
May 1/48
Apr. 30,'49
_
profit
tNet
rin^
outstanding
•
1968——
due
1,' 1956
'
sales
Earnings
fund
"
May
/Net
FINANCING
THIS
im»
TO
Authorized
•
' *
6 Months Ended—-
,
1st 'mortgage
(J/ P.) Stevens & Co., Inc. (& Subs.)— Earnings—
f
ties
*
United
.
States
&
International
Securities
*
Corp.—Per-»
knitted to Sell Portfolio Stocks—
■
The
sell
to
prices.
SEC
J
.
*
has
United
i7'500
issued
States
an
&
shares .of
,■
iA
'
exemption
order
permitting
corporation
current
tcx
Foreign Securities Corp. at
market
capital st0^k of Amerada Petroleum
i-
uorp,
j
(Continued
Srm
On
page
48)
^
Volume
170
Number 4817
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(13)
13
'
T
1
-
Stock Record «» New York Stock
:
DAILY RANSE OF PRICES
WEEKLY VOLUME OF TRADING
YEARLY RANGE Of SALE PRICES
>
Year 1948
y
Range Since Jan. 1
Highest;
Lowest
9 per share
9 per share
9 per thare
37
"76
Dec
2%
100
Jun
70 >
May
6%
Dec
Jan
May
2
Jun
3
14
Abraham
ACF-Brill
4iy2 Apr
Adams-Millis
Feb
23% May
Dec
46%
Dec
41% July
27% Mar 28
30
7%
Feb
22%
14% Feb
5
20
Adams
20 % May.17
5% Jun
Dec
46
99
Dec
2%
Nov
65
Nov
21% May
80% Jun
,
Feb
64
70
14
Mar
2
49
May 19
18%
29
29
16%
17%
15%
16%
15%
16%
15%
16%
16%
16%
5%
5%
5%
Corp
Equipment
preferred
w
Reduction
com__y_1
6
50
w__
Inc
3
•
5
*46%
23%
22%
102%
.
*99%
10
5%
46%
23
"
100
common
6
,46%
No par
&>
4%% preferred ww
Allegheny Corp common
5%%
preferred A
■
'
1
Gas
*99%
3
l
3
*14%
66%
♦65%
75
64% Jan
24
May,
17y8Jun
14
May
91
Mar
98
Apr
84
Jun
23
93% Feb
17
Allegheny Ludlum Steel Corp.No par
$4.50 conv preferred
No par
Allegheny & West Ry 6% gtd—100
11%
Jun
6
Jun
13
8% Jan
10
Allen
May
165
198
Mar
16%
Dec
25
Feb
81
v
Dec
25%
Mar
26%
66%
2%
2%
48
47%
15
28% May 19
25% Feb
25
Dec
Oct
Allied
25
30% May 12
76
22
83
Jun
26% Jan
2% Jun
37
50
Jan
121
May
Id
3% Jan
43
Jan
31
Amerada
106
7
34% Jan
3
Apr 18
40% Jan 25
6% Jan
3
10
Mar 30
American
68
Mar
51
4
/■ 65
May 18
3%%
18% Mar
29% July
20
Jun
13
24% Mar 31
58%
70
62
Jun
30
66% Feb
47
>
Nov
Feb
May
Jan
31%
43% May
Jun
Nov
74
2V2 Jun
13
3% Jan
Jan
3
81
Jun
49%
100 Yb
18% Mar
•
21% Jun
60
Jan
May
106% May
15
Dec
20%
/><•><>%
4
8
107% Jun
25
Feb
49% May
14
1
43% May 19
99
25% Jun
American
5
v
NEW
19%
Oct
15% Feb
24
Dec
19
Apr,
13% Jan
5
Sep
1% Jun
7
44 :
18
■X'\
''
Apr
10
Dec
6% Jan
3
Nov
77% Jan
37
Jun
17
51
Jan
31
35%
Dec
43% May
34
Jun
13
37% Feb
4
3%
Dec
3% Jun
6
Jun
24
47% Jan
Amer &
27
Dec
6%
46
7%
Jan
26% May
Jun
20%
46
63
Feb
5%
Jan
Dec
;
Jan
Jun
5
Dec
92
Jan
73
10%
Feb
15%
Jun
11% Feb >7
19
Jun
26%
Jun
12% Jun
14
Jun
73
Jun
22
11% Jun
13
13%
95%
v
Jan
Dec
Feb
108.
6
24% Mar
5%
Feb
6%
Feb
-
162% NOV
38
Feb,
Sep
46%
31
Oct
21
10%
Feb
54% Mar"
Jan
51
Nov
'
30%
Feb
25%
Oct
98
Sep
,
175
8
Feb
120
Jun
10
24
Jun
14
3
Jan
3
49% May 10
Apr
6% Jan
3
21% Jun
6
Jun
3.90 %
90
89%
179%
897/a
233/4
60%
60 y8
19%
19%
19%
109
42
>-'d
16%
*108%. 109
,
"
*104%
AND
60%
60%
600
19%
19%
>
109
:
May
5
30% May 17
41% Feb
142
3
Jan
7
83:
Mar 31
126% Jan
10
150% Jan
5
70% May 26
149% Jun
63
120
v
Jan
13
7
> May 16
8% Mar 30
38% Feb
17
91% Mar 11
80
59% Jun
2
Jan
4
4% Jun
6
6% Jan
7
.,1
57% Jan
24
16%
16 %
143/4
14%
14%
*14%
Amer
Power
&
No par
*
preferred
$5
No pax
Amer Rad & St San'y com—No par
7% preferred
100
.American
,
Safety Razor
5
American Seating Co
—No par
Amer Ship Building Co
No par
Am Smelt & Refg common—No par
7%
preferred
American
6%
100
8nuff Co
non-cum
25
com
preferred
American
Steel
American
,
Stores
100
Foundries—No par
Co
No par
American Stove Co
_No par
72%
73
72
72
41%
41%
41%
41%
7%
,
105%
105 Vs
10S Vb
106 Va
29%
29%
*29%
30%
105
29%
American
American Tel & Tel Co
American
6%
the Weak
Shares
*5%
5%
5%
*15%
*15%
16%
16
15%
16
*15%
15%
15%
1,000
1%
1%
7%
1,300
1%
1%
1%
46%
46 %
46%
7%
7%
7%
39
38%
38%
35
34%
34%
4%
4%
♦45
28%
7%
48
28%
7%
*45%
46
7%
1,000
*16%
16%
*34%
♦34%
4%
4%
700
♦12
12%
16%
*16%
'5,000
7%
♦85
*12
,200
28%
7%
*7%
74%
1,400
90
12%
100
12%
*16%
16%
13%
♦73%
*73%
5,100
46
28%
28%
200
4%
♦45%
•46
*85
74%
American
75:
78
5%
Am
4,500
V:
Water
7%
,
Works
93%
78%
\
11% 1.11%
CLOSED
.
1
,,
42%
1
149
39%
♦138
Wire
Jan
25% Jan
3
Jun
99% Mar 29
&
Cable
15% Jun
13
23% Jan
7
Anderson-Prlchard
14
Apr
8% May 13
10% Jan
12
4% Jan
5
;
43%
149%
39%
140 :
Co
Oil Corp
Copper Mining
Products Co
Inc
200
200
20,500
'2,300
;4,200:
,
12,400
I
£
1,300
1,400
t
'
.
4,200
'
510
1,500
Y
;
25
25
•
*
^
139%
*119
500
:
"
•
16
140%
■
69%
1
4,900
70
53%
8,900
85%
25
10,200
2,300
*
60%
4%
100
11,700
119%
*82
20®
420
55"%
*60%
800
v:
-
600
146
1
10
.2,100
8
34%
124
20
;
v
8
)
t
r'
22%
tfar
50
No par
No par
Sc
;
*v
22%
16%
Corp com—12.50
$4
Jun
37%
100
No
preferred
Copper Mining
36 Vs
:
:
,
71/4
com
120
t
,,29%
25%
$5 prior conv
Feb
7
,
29
*37%
7%
:
:,100
1,500
175
♦172
25%
preferred
Andes
93%
5
Inc
Zinc Lead <fc Smelt
Anchor Hock Glass
-
6%
-
40
.
r.
common—No par
Co
Woolen
■
-
35
78
55%
$4 conv prior preference
A P W
-STOCK
EXCHANGE
200
4,900
10% "10V4
-
34%
100
101
,
*5%
>♦34%
-
.
,
,78-
69%
preferred
American
Amer
101
*:
100
:
1-
11% >12
common—14
Viscose Corp
1,700
35
88
16%
-<■
7%
13%
12%
300
40
*85
•12 %
600
,
47
7%
*39
39
*144%
Anaconda
24.
Salt* far
5%
25
Anaconda
3
300
July 1
*121%
100
common
500
,
9 per share
I per
100
Tobacco
preferred
8
2% Jun
3,300
Friday
June 29
—5
Tobacco
Sumatra
7
2
70
<
PRICES
Wednesday
100
preferred
35% Jan
Ma:
100
413%
>
100
.American Sugar Refg common
;, 1,200
147/s
73
41
Light bom—No par
$6 preferred
>
,
•
16%
7%
-1
1,300
-V
;
5%
*85
No par
35% Jan
105
—
16%
HIGH RALE
.
1,600
109
♦16%
1
Co.
Molasses
14
7 34% May 31
19%
*108%
preferred ——,—.—100
American
17
18% May 19
4%%
,
May 17
28 1
90
423%
June 28
S per share
2,000
61
42%
*28%
28%
Tuesday
19S/3
*108%
24%
180
423/4
105
105
28%
61
24%
24
73
-
413/a
3,100
!.
180
42%
*14
143/4
73%
40%
>.
90
180%
■
*16% ,16%
16%
*73
;
,700
4,100
4,600
42%
42
42
*14
-
24
89%
90
180
23%
62
60 %
893/4
180
24
2,400
3
a
5
14
3
; 23%
22% Jun
page
3,7, ,7
23%
25% Jun
see
2%
7
5%
.*4%
May
footnotes
2%
31%
97%
No par
55% Jan 27
For
7%
39
100
common
41% May
45% Jun
6% May
46%
1
Amer Machine & Metals
20
Dec
2%
Fdy Co com—No par
preferred
100
48% Jun
Mar
1%
100
Jun *
8
par
preferred
60 %
4
16
40c
preferred
46% Mar
-
5%
31%
97
;
*15%
5%
28%
Locomotive
5%
8,200
17
28%
preferred
Anderson, Clayton
18%
5%
*15%
No par
com
48% Jun
107
9 per share
46%
38%
;
I per share
No par
.American News Co
25
37% Jan
18
67
Feb
30
22
17
60% Jan
112% July
8% Jun
Dec
June 27
1
preferred
non-cum
97
5%
179%
700
200
-
8
American Metal Co Ltd com.No par
,
14
6% Jan
35% May 31
10% Apr 13
25
Xll7% Apr
104
Dec
101% Apr
31% Feb
56% July
76% Mar
;
19
26% May 13
12% Jan 13
135
7
Monday
Jone25
46%
6%
3.2.
97
Amer Mach &
29
138
Jan
Mar
8%
20
39% Jun
34% Jan * 5
16% Jun
Jun
Nov
30% Jan
7% Jun
20% May
Dec
29%
50
1%
7
Jan
6%
105
4%
American
10
130
May,
131% July
*33%
81% Apr
56% Jan
6
Nov
*28%
American International Corp.No par
American Investment Co of 111
1
20
154% Jan
21% Jan
115%
Jan
11
Apr
71% July
120
Jun
105
4%
May 10
,
31%
5%
1,000
„
63
7%
.
32
*108%
14%
73%
41%
1
Ice
13
Feb
3
Feb
>
Saturday
Home Products
17
14
158%
68%
17
41%
21%
*61
!
97%
19%
19%
*723/4
7%
5%
89%
>'
*14
.
62%
97%
''23%
42
♦16%
t
7%
26*500
63 %
21%
21%
62
2,300
700
9%
63,
31%
3
109
*34%
American
Jun
37
Jan
46%
x5%
A
19% Jun
144
90
8
Jun /
Oct
131
Mar 31
6% Mar
142*
41
Dec
147% Mar
169
Jun
24%
■
116% Mar
16%
-
27
Dec
>
21 %
7%
:
37
9%;
.63%
..
600
.
94%
*36%
7
97
2%
*
6,500
500
2%
94%
;
9%
63,
29
*2%
31%
/,
*108
No par
American
94% Jun 27
11 "i":
10
^81 \ May 17
6
14% Jan
7
35%
Dec
34%
Jun
35% May.
140
1
::
lo
com
63
x7%
5%
61%
No par
10
May 11
39% Jun
May
68
10
23% Jan
Apr,
163%
:
'
70% Feb
Jan,
NOV
25% Nov
25
-.
83% Feb
28
Mar
125
7% Feb
Jun5
>46
i
9%
21%
*21%
*62%; 63%
y
5%
$179%
100
>
77
97
,
11,300
28%
31%
LOW
Co
8
,
.
,
42
;
May 17
7% Mar 14
8
12%
Mar
.
3
Feb
i
.;
193/4
'■■■
20
American Hide & Leather
14% Apr 12
;
4
5% Jan
32
16% May 7
178
Jan
Feb
139
96% Jan
Dec
<
Dec-
61%
No par
Co
63%
9%
'
v*
'
10
90
102
7
Dec
95% May
86% May
Feb
24
,
21%
7%
90%
$7 2nd preferred A
conv
21%
179
24
*62
62
*62%
3%
$6
6%
,61%
97%
90'/s
H
700
i,.-.
*36%,- 39%
36
179
89%
*28%
.
ss%
3
;
•
'
•
13
11%
,
94%
36 7
6
"i
77
2% •
') I -r'
36
64
100
-
26%
30%
27%
;
41
95
31%
STOCK
American Hawaiian SS
29
*2%
*36%
9%
5%
100
preferred
*23%
2%
35%
•97
25
Foreign Power com—No
28%
40
94%
No par
IOC-
Encaustic Tiling-,
,
*2%
*37%
9%
100
YORK
28%
3
35%
31%
10
10*j
28%
95%
7%
1
com
76%
9%
62
16
'
900
.
26%
,
*88
273/4
76
35%
21%
No par
com
27%
94%
7%
Inc„_1
preferred
$7
,
6
12% May 16
17% Apr 30
18% Jan 20
* Jan.J 3
4% Jun
22% Jun
8% Jan
NOV
6%
16%
76
July
35'
-
80% Nov
12 %
,
98
:
'
Dec
69 %
-'
Y
1
35
Dec
93
29
7
10% May
Dec
Feb
15% Mar
21% May
94% Jun
12% Nov
72% Dec
*
4
20
169
303/,
;
89'/a
*88
76%
39
*2%
*37
9%
*21%
•62%
,_1G
common
:
27%
36
62
100
Co
89%
26%
*75%
>
96%
9%
100
com—
8
5
23
79
16%
Co
29
5
5% Jan
Apr
9% Apr
3
24% Jan
8% May
58
3
100
700
"
■:
1
28%
39
*88
16
26%
30%
35%
1
American European Secur
American Export Lines Inc
8
2% Jan
American
2,800
: 6%
.
*167%
i6
26%
30;
'
-29%
6%
168%
*15%
27
*26%
29%
168
16
*15%
.!
63/4
96
No par
Par
6 % Apr
5
17% May 21
37
42
.73>;
*36%
EXCHANGE
4% May
89 % Jan
14% Jun
1%
28%
r*2%
tper share
4% Feb 28
7% May
14% Mar
13 %
I per share
$ per share
!
•23%
1
50
Distilling Co
Lswsst
Highest
Jan
No par
com
STOCKS
Range Since Jan. 1
7
Highest
Year 1048
• per share
76%
preferred series A-100
Range for Previous
Lowest
27%
89%
76
16
*6%
168
167
89
*15%
6%
6%
168
167
27%
76
2
Colortype Co
American Crystal Sugar
v
4%% prior preferred
American Cyanamid Co
36% Mar 31
14
6%
26%
No par
conv
'
84
89
♦83
r 27%
CLOSED
No par
3%%
*82
*75%
STOCK
EXCHANGE
100
Cable
106% May 17
35% Feb
84
29%
American
'
*62
26%
5% non-cum preferred
American Chicle Co
87 / Mar 11
8
Jun
July
;
*■''
84
*6%
16
50
&
70
*63 -•
*82
26%
Corp.
Chain
:
70
18%
84
29%
preferred
American
v
18% May 4
173/4 Mar 21
Jan ' 3
14
,72
Feb
223/4 Mar 30
T
2,100
84
30%
preferred
71»
7,100
91
26%
preferred
Co
Can
*63 .;
*
19
20
2%
48%
19%
29%
American Car & Fdry com
11
15% Feb
*
7%
71
■
18%
.
91
26%
Corp
preferred—
Broadcasting
American
;
*68
67%
2%
48%
23/a
48%
18%
*15%
.Amer Cable & Radio Corp
15
Oct
94%
Jan
46% Apr
,T„n
Feb
82
108% Feb
Jun
Dec
7
*65%
67%
2%
43%
18%
;
Chemical.No par'
Shoe
*65%
2%
48
92
■'(
conv
13
33% Jan
6
43
"T
Brake
Amer
American
93% Apr 27
181% Jun
15
94
14V2
33%
3
39% Feb
Jun
81
10
66%
2%
48
*87
V:
Bank Note common
Bosch
600
92
"
168%
preferred
11
6'
19% July
Aug
; May
Dec
Jan
Jan
10% Jan
Jun ,1
51
27
-
38
35
104
172% Mar 17;
Jun
110
Jan
6%
.American
7
177
Nov
104 %
1
30% Mar 23
02% May
Feb
Oct
28%
15% Jun
6% Jun
Dec
76%
163%
21
Dec
111
Sep
3
96% Jun
10%
Dec
Nov
6%
168%
common
conv
cum
2,800
14%
3
*87
6%
preferred.
Airlines
66 %
10
3%
14%
3%
143/4
19
.5
Agricultural
American
14,;
10% Mar 29
x7% Jun 29
103
Amer
3
*6,400
102%
92
—No par
Petroleum
Jun
Mar
3
23
22%
*99%
,
*87
86-
*6%
Co
conv
10
52%
-
18%
'
14%
..
200
46%
46%
223/4
102%
14%
2%
48
300
11,300
2,900
6%
6
43
22%
*99%
•
*14%
71
*68
■
19
92
No par
Dye
Alpha Portland Cement
Amalgamated Leather Co
6%
convertible preferred
6
*
71
♦84
Stores
3%%
May 17
31% May
3
14
29
89 % Feb
Apr
1
'
...
18%
*87
Corp common—No par
i% preferred
:
—100
Allls-Chalmers Mfg common-No par
20
8
25 y8 Feb
6% May
Feb
6y«
Jan
83 y2 Jan
Jun
31% Oct
Nov
34 %
90
Jun
98
Kid
&
*68
1
Allied Mills
;
'
42% May
91
v
Nov
83%
Allied
30% May 16
14
Chemical
:
*46%
22%
100
3
6
700
38
*36%
'
Industries Inc
Allied
l:
18% Feb
15% Jun
24% Jun
Nov
3ya
44
24
Jan
*
Dec
*25
188% Jan
16
$2.50 prior conv preferred-No par
Mar 12
34% May
'37% May
Dec
73
21%
Jun
•
May 13
27% Jan
7
'I"'
14%
48
48
22%
> 100
3
14%
17%
*46%
48
22%
102%
14%
2%
100
May
'
6
*65%
100
34
*171
18
38
29
75
Dec
18
18
*33%
*26%
109
7%
18
38
Dec
90
1,600
28%
Dec
104
19%
28%
Dec
1
1,100
19%
IS
*36
23%
July
.*%
*17%
65%
100
19
40
2%
23%
17%
k
,
19
3,30o
100%
100
2%
17%
$3
4
May
3
25
19%
100
2%
38
Inc
25
*18%
*93-
*28%
Alaska
Apr
2%
*35%
Aldens
2% Feb
2%
101
Shares
39%
39%
18%
2
40% Feb
2%
101
39 %
28%
3
Oct
58%
101%
2%
19%
19
*99%
2%
39
38
Vicksburg Ry_
Juneau Gold Mining
4% May
Dec
39
38%
28%
Alabama
*
2%
37
9 per share
_
38%
9 per share
*35%
Corp
15% Mar
,
110
2%
10
3% Apr
15
*99%
;
38%,
the Week
July 1
I per share
*17%
Air
23% May 16
21
39 %
Sales for
Friday
June 30"
■
1
Affiliated
100% May 23
2% Jun
,
Co r.ew
38%
Thursday-
June 29
9 per share
No par
20
3
9
<•
2.50
Express Co
Admiral
19
46% Apr
May 25
13% Feb
4% May
Dec
8% Apr
9 per share
No par
Wednesday
,
June 28
Addressograph-Multigraph Corp_lo
7
26
18% Jan
May
13%
Jan
97% Mar
27% May
108
Nov
5
I per share
HIGH SALE PRICES
Tuesday
June 27
u5 *.
new—
Co
Motors
-Monday
June 25
Straus
Acme Steel
14%
Jan
&
21% May 26
19% Jan
6
35
35
Laboratories
Abbott
-
7 iT
27%
Saturday
Par
23
3y8Jan
13
xl7% Jun
1
EXCHANGE
.
40% May
101
16
Jan
LOW AND
STOCK
NEW YORK
5
S per share
14
1% Jun
'■
Highest
^
18 % Jun
*18%
FOR EVERY LISTED ISSUE
STOCK8
Range for Previous
Lowest
Exchange
1,600
110
26%
26%
24
24
x33%
103
33%
103
51 ~
21%
*54%
lo
16%
20
*8
8%
♦2%
2%
5
600
5
17%
0,800
,73o;
,
-f-**
600
70
400
2,500
14
.THE
(14)
COMMERCIAL
NEW
24
Dec
67/a
Dec
41%
11%
14
95
56%
Dec
Jun
Feb
Jun
13
7% Jan
77% Jan
4
$3.75
3
13% Mar
8
July
13% Jan
1
11
Apr
27
Dec
1C6
July
87
Apr
12
98% Jan 27
Jan
35
Jun
30% Feb
14
373/4 May 16
103
84
Feb
120%
Sep
80
Jun
14
105% Jan
Mar
107 %
Jun
97% Jun
14
103% Jan
19%
Jun
11
Jun
7
15
13
47
7%
32% Jun
•
,
25%
Jan
64%
Dec
53"
Feb
7
70
81
Dec
77
Feb
14
94
Mar 18
30% Jun
13
39
Jan
7
Jun
1
109% Feb
4
91
50% July
Feb
99
Jun
Nov
25% May
64% Apr
48% Aug
Sep
20
4%
114
'24%
93% Jun
Jan
16% Jun
14
4% Feb
25
11
20
16% May
19
Jan
19%
Jan
43/s Jun
11% Jun
4%
.4
6% May
15
8
14
^
; Atlas
Tack
Jan
Conv
4% Jun
14
7% Jan
14
44% Jan
,92%
*93%
92%
33%
33%
333/4
23%
*333/4
*91
15%
99%
93%
*91
34
,
900
8%
8
14
*99
33 7%
34
5,100
„
100
93%
34
7"'
34
7
600
82%
82
82%
82
;■
823/4
82%
82%
98%
98%
98%
93%
98%
98
93
11%
11%
11%
11%
113/a
11%
11%
33%
33 %
1,200
*33%
33%
33
33%
*33
337/a
*33%
33%
500
*93
.
4,100
700
68
66%
67%
68
*66i%
68
82%
♦31
*66%
69
*81%
82%
82%
82%
*81
84
♦81
84%
200
32%
32
32%
32%
32%
32
32%
32%
32%
4,800
*107
108%
108%
108%
*107
108%
107%
270
X94
107%
94%
.25
32%
A—100
100
66%
-
108
108
94%
94%
94
94%'
94%
21/8
21%
.20 3/4
21
21
21 %
44 y4
44%
44%
44%
44% ,.44%
♦103
106
*16
17
No par
*5%
($1.20)—No par
pref
5
stock
3
exchange
of
43/4
5
5%
5
35
35
290
106
*16
17
57/8
14%
5
5%
2,200
106
10
57/8
*13%
1,200
14%
100
■'
5%
5%
12%
12%
600
5%
9,700
5
*35
53%
12%
12%
353/4
5
*343/4
380
21%
45
6
*133/4
Z
4%
12%
94 %
21 »/8
17
*5%
14%
4%
5
35%
13 3/4
300
44%
106
*16
53/8
12%
12
♦35
closed
No par
conv
14%
43/4
12
943/a
21%
44%
*104%
17
53/e
*
21
44%
105%
*16
5%
*13%
12%
►103%
17
5%
5
12%
106
*16
14
5
Amer
common
Co
95
*103%
5%
14
:5c
r
8%
14%"
240
280
7X300
16%
*16
99%
;
'
No par
Corp (The)
preferred
Mfg
81%
*91
95%
11%
Co
$2.25
8%
14
'900
41'
107
11%
100
-
No par
Canteen
'
*90%
41
*95
106%
163/4
*99
93
99
1,300
♦66%
common
Avco
10
8%
14
99
"
100
Automatic
7
34% Jun
m
v>'
9,300
100
preferred
Corp
prior
Autocar
24
17% Mar 10
83/4
13%
143/8
-170
5%
common—1
common-
Nichols
Austin
;
99
4) %
95%
106%
1,700
6,100
.
59%
5%
59
95
106
14%
14%
V
5%
57
*41
943/4
106
5
Atlas Corp
Powder
Atlas
1
*8%
13%
83%
79
11%
preferred
conv
conv
14%
99
-
21%
79
No par
RR
Lines
I SS
non-cum
4%
5
Oct
46
*
Mar 24
Jun
7%
Feb
Jan
4
106
Dec
35%
20% Jan
7
13% Feb
nov
6%
7
Feb
nov
12%
xll
Jan
100;
W
Line
preferred series
Preferred $3.75 series B
6
58
&
5%
4%
3
4
10
14
99%
31%
21
79%
5%
for
Shares
.10
Atlantic Refining common
1
Jan
Jan
Jun
9 % May
Dec
98% May
233/4 Apr
24
20,
42
Jan
Oct
99
106
May
Feb
xl9%
114
1
94%
*105%
*14
31
21
56
41
40%
95
106
-
21
5%
55%
94%
8%
14
83
Atl G
May 23
Sep
*8%
5 %
55%
*105%
14
100
7
31
5%
40 3A
*40
t
943/4
Sales
the Week
$ per share
20%
*^8
55%
,
10
:
Coast
79
5%
40%
*98
100
Atlantic
20%
783/4
Friday
July 1
June 30
I per share
31
203/a
V
100
preferred
non-cum
30%
79
55%
106
14
Topeka & Santa Pe com„100
5%
ATP Inc
Jan
40 3/4
common—1
100
preferred
31
20 5/s
78%
,5%
*105%
,
No par
Goods
30%
20
-
55%
94%
.
5
Investment Co
7
Jan
66
Feb
2nd
Atch
24
Dec
Dry
5%
55
No par
Corp
1st preferred
Associates
7
98
i
6%
21
Jan
5
No par
Thursday
June 29
S per share
'
No par
Carpet Co Inc
Associated
14% May 16
11% Feb 28
30
30%
com
Wednesday
$ per share
79%
-No par
Constable
Arnold
Artloom
i
20%
78%
10
100
com
preferred
163/4 Jun 30
1
95
July
30%
20%
$4 conv preferred
May
102
Co
21
993/4 Feb
May
62
Cork
49% Jan
110% Jan
26
i\
Armstrong
13
15
17% Aug
Dec
Illinois
of
22
19
44%
Co
Jun
94
111
13%
&
$ per share
$ per share
SALE PRICES
Tuesday
June 28
-
_No par
$6 conv prior preferred
38% Jun
87%
f
June 27
i
com
preferred
105% Jun
Jun
Jun
Dec
12% Mar
Corp
conv
Armour
10
98
„
4 '/a %
8
7
5
Steel
Armco
3
49% Jun
Jan
115% July
18% Jun
Dec
Archer-Daniels-Midlai<d
27% Jan 26
15
99%
Jan
RECORD
Monday
Monday, July 4, 1949
LOW AND HIGH
Par
1
19% Jun
77
15% May
Nov
13%
31% July
2
Oct
Jun
106
Feb
88
103
26% May
Jun
32%
101%
Dec
68%
34%
STOCK
June 25
STOCK
$ per share
$ per chare
$ per share
Nov
89
CHRONICLE
Saturday
YORK
EXCHANGE
Highest
Lowest
Highest
Nov
23%
NEW YORK
Range Since Jan. 1
Year 1948
$ per share
FINANCIAL
STOCKS
Baage tor Preview
Lowest
&
5%
5
35%"
35
2,700
35
700
r
B
f
Feb
11%
16%
17%
Jun
Jun
8
14% Jan
13
12% Jan
7
13
Babbitt
15
8% Jun
11 % Jan
xl3
'
16% July
29% July
Mar
10
7% Jun
Jun
Dec
13%
(B
"Baldwin
T)
Inc
<fc
14
22% Jan
Feb
31%
Jun
143/4 Jun
13
25
Jan
Bangor
Feb
80% May
60% Jun
13
70
Feb
Conv
40%
Nov
59
38
Jun
28
473/a Jan
Barber
Oil
14% Jun
7
21% Jan
Barker
Brothers
May
Dec
28%
Jun
15% Jun
30%
NOV
45
Jun
36
31
Feb
Dec
393/4 Mar
x20
9
45%
16% Mar
Nov
Jun
9% Feb
11% Jun
15
22% May
100
Dec
•
12% Apr 27
Mar' 5
69
Jan
6 3/4 Jun
-
30
32%
Feb
14%
34%
Feb
Feb
20% Jan
8
Beaunit
Feb
3
Beck Shoe
75
6
10% Jan 21
Apr
27% Jun
30
32% Feb
-37% July
20% May
30% Jun
14
37
Mar 30
11% Jun
10
16
Feb
Beech
1
pfd
19% Mar
105/8 Feb
14
16% Jun
30
Dec
24%
Jan
11% Jun
14
17 / Feb
18
Bell
103%
Jun
90
20
98
26
.,
9%
Feb
38% Jun
21%
Dec
21
Nov
-V
68
Dec
»
86% Dec
26
Jun
213/i Feb
93»Jan
Feb
Feb
30% May
37% May
Feb
39%
125
*
9
139% July
Dec
37% May
Nov
26%
14%
28
26%
May 10
23% Jun
15
5
V
Jan, 7
Best
11% Mar 11
I per share
36% July
19% May
Feb
9%
13
i
Dec
323% Mar
>
19% Nov
■V
22%
Dec
10%
>
16
«
64
Jun
23%
Dec
s
Feb
Jan
<
18
Bohn
Jan
12/
Bon
5
90% Feb
Co
,
Nor
;
-
Sep
40
78% Aug
12% Dec
Stores
81
July
Borden
Borg-Warner Corp
2% Jan
9
Jun
17
13
5
13
13
9% Apr
16
Jan
-7
29
Jan
10
27
Jan
14
Jan
33
»■
103
3
*
95
97
32
6
27
13% Jun
120
Jun
88
173/4
Jan ;6
Feb
7 Ye
79
No,V
114
73
2% Mar
j
Jun
16
Mar
19
77
&
Brown
8
-
Roller
Brown
Jan
7
123/4
28%
8%
74
30
7%
*27%
800
28
150
33 %
33%
1,200
12%
300
14%
4,400
14%
:
.
12%
12%
•CP
.91
26%
t
8%
23%
iv.
.
; .:;■■■
12%
*39%
28%
300
91
29
29%
8
P P
24
z
93%
vt
3,200
24%
26%
z
2334
243%
V
24-%
*130%
23%
22 %
22%
10%
93/4
*24%
93/4
23%
133
131
p 2%
*24%
-
26%
24 %
24%
25
*1303/4
■
22%
10
63,200
27%
.
-:
131
100
200
,
"
*22%
•
2,100
■
96
2%
26%
24%
-10
.
1,900
,
*94
25
7
24
; 75%
2%
24 Vi
8
7%
*75
/
93%
2%
-
P
24
753/4
.
■X26%
24%
130%
8 "YVv
24
*75
2%
2%
L
,
95%
*92%
;■■■■
,7
75
Z
♦22%
*93/4
23
10%
12%
*89%
75
24%:
1,300
*123/B
15% -"16%
14%
12%
28%
100
13%
*
27 p
23 »/8
1,200
93
'
91
1303/4
131%
23
♦93A
91
19
May
70% Jun
/
.
23
300
.
.
3,200
18,600
.
/
132%
223/4
r
200
i
,
,
10%
*9%
,
vv
900
200
Wednesday
Thursday
June 29
June 30
Sper share
$ per share
7
;
Friday
July 1 7'-,
Sales for
7
•
Shoe
\
,
Jun
1%
Co
~
Budd
$5
13
17
Mar 29
Bullard
Jan
11
Bulova
18% Jan
;7
■92
6
Feb
Feb
14
1
9
13,
Jun
<•
1
3
Feb
7
17
Jun
98% Jun
10
Jun
20% Jun
V
13
July
82«,
Bush Term
7
Butler Bros
13
2
41/2%
4% Mar 30
24% Jan
104
-
-
27
Jan
17%
15
the Week
40
45%
443/4
45%
94%
*90%
1
,
'■
•
25
26% Jan 24
23
21%
26%
28
„
27%9%
31%
*96
19
:•
•
*40
r-
,
19%
1,400
800
10
200
45
7
19%
193/4
2,700
23%
23%
233A
233/4
600
593%
60%
60 %
7'77> 70
23%
233%
22 3/a
23%
580
17%
17%
17 3/8
17%
17%
17%
1,300
4G
-J0%
46
46%
*40
40%
7. 45%
453/4
*90%
94%
r
l3/4
7
40
40%
3,600
47
-
4,100
*
'
46 3/a
94% 7
*90%
*90 %
94%
*30%
14%
14%
~
"
143/a
,'*96
15%
14%
6%
36
28%
7
63/4
6%
G3A
22%
21%
23%
27%
27%
1013/8
1013/a
28%
28%
93/8
9%
-
7
y
,
27%
*101%
1,300
.
400
273/4
1,700
<
102%
70
281/4
'
281%
3,400
9%
791/2
1,600
31%
31%
311/4
*96
.
1,500
•
21%
a31%
98%
700
10,000
22y,
22 "
'•
■"
200
7
36
*6%
9% •; 9%
*30%
31%
98%
28 %
6%
7:.
36
22
,
3P/4
'
15%
7
.27%
1013/a
:
13/4
*273/4
7
'
*22%
>'
*28
9%
*96
;V
,
6%
22
27.%
28%
9%
,7
*35
22 V4
*99y3
27
28
7.
33%
7*1%
l3/4
*27%
22 %
*21%
■
28
15%
s'iVs
101%
98%
7
6%
•*
*1%
28
6%
22%
7
•
*6%
35 %
♦100
15%
*1%
*27%
213/4
27
95/8
31%
;
18%
45
*9%
593/4
34
*21,
28%
:
*40
7
;•
24
.
•
-22%
7
1013/a
STOCK
5
100
*
.No par
EXCHANGE
,
121
P
*121
123%
••
7%
P- 8
—No par
*62%
1
26%
:
63
pfd
CLOSED
98%
96%
96%
'
500
7 740
'
•"
*153/8
16%
16
16
143/a
»
14%
14% v"
*15%
16
500
-
":•
Z
r-
•-
123 %
73/4
•:
7% •;
14%
P.
;
*121
'v
100
♦62%
26%
*87
.
.
893%
30%
p
15%
63
-
7%
■P
62%
-
7%
123%
*■-
*26
89%
-
*25(4 .26%
*87
8934
*89
*12%
123/4
12%
30%
293/4
16
-V
16 %
.163/4
153/4
16
16
.
81
82
*81
83
72%
*72
72%
*72
73 •'*
78 '=
*73
78
V
,
; 163/8
*81
72%
•'.♦73
*
"
P
14%
.
14%
*7
*98
14%
14%
7%
:
8%
*61 r-
,_5
No par
100
No par
!
V /. 7
100%
~
is
participating preferred
8
v
73%
*73
78 '*■
89%
*123/4
*30 y«
p
-16%
84
P1 *72
,
p..
*82
."
-PP.
893/4
14
.
14%
..
3%
7%
7
100%
♦98
*98
*
-•
14%
P
*73
P
62%
3%
18%
61%
3%
18%
983/4
6%
6%
6%
98%
17%
*99
.
6%
61%
*61%
3%
3%
18
P
17
:V
*99
143/8
*613/4
66%
3%
18%
/
/
P
■I
5,500
p
3%
*3%
181/3
P
3,700
P/VvP.
/P. vi/ -
18%
997/s
500
10
v
61%
100%
200
75/a
101
7%
*993/4
12,000
30
'7 P
18
18%
100 y2
100
700
73%
63/4
*3y4
3%
18
*99
100%
200
/:
300
31
6 5/8
P
P
13
61%
6%
63
14%
.,-:,*7%
-
4,300
Pv'i/ 40
P\PvP;
78 -: :
7y4
101 :>->•.
101
■
84
73%
•14%
7%
7%
101
2,200
-
"
62%
263/4
,
'
100
;
preferred
-77/a
*26
893/4
P
*82
83
'72%
78
263/4
*
1
•
62%
30%
123/4
30
100
;
123 %
'
-
123/4
293/4
12%
100
preferred—100
*121/.,
'
8
14%
62%
62%
26%
26%
30
30%
-
.
*87
*12 3/a "13 '•
common—_1
preferred
*121
123%
73/4
62%
14%
-P
*
No par
5
Inc
Byron Jackson Co
•*,'••■ 500
93,a
60%
l3/4
7'6%
6%
6%
45
;
10
93%
v
Butte Copper & Zinc
Byers Co (A M) common
7%
-
Shares
...
23%
6%
34
21%
*9%
12
60 %
27 % 7.
6 3/i
38
*100
15
*1%
27
22%
,
No par
common
common
;
7-
23%
12
,
'
9%
;
*22 3/a
•
'
1%
28
7 7
6%
37
1
»
-
*1%
*27
40
*9
-
>/
7
23
.
94 %
39%
-
12
9%
*23%
23%
59%
39%
JNopar
_
Bldg 7%
I per share
23;
11%
9%
7.18%
23%
175/8
45 %
v
.15
common
23%
*90%
;
-
'_5
•
Bush Terminal
4
Feb
17%
3ya% preferred
i
100
Burroughs Adding Machine—No par
Feb-
9% Jan
17%
—5
—:
May 14
121
13
_L
*40
19%
59%
4%
10
77
18%
24%
^
22%
12
9%
■7. *9%
43
23 3/a
common
preferred
3V»% conv 2nd
19%
7
59%
^.Nopar
Co
*40
23%
100
•Burlington Mills Corp
10
77% Jan 25
16% Jan
Co
Watch
50
23%
2.50
—
9%
59%
Co
Buffalo Forge Co
Buff Niag El Corp 3.60%
*'
60'
preferred
9%
*23%
100
•»
9%
9%
23%:
*22%
11%
V
12%
*9
—5
Inc
r
233/8
.7,12%
93%
19%
;;
23
.No par
No par
t
common
Inc
t Per share
:
*40
5
i
23%
11%
9%
No par
'
Feb
93/8
2.50
J.
,
♦
preferred
(The) Co
15
Apr
6
13% Jun 14
7
<
11%
1
—
Bigelow
BucyruS-Erle Co
Jan 31
Jan
t23%
No par
Brass
Bearing
77
'
No par
Brunswick-Balke-Collender
36 i
.-
Par-
•
•
$3.60 preferred
,
4
9% Mar 30
73
6% Jun
35%
♦1303/4
No par
No par
'
.:
33
123/4
23%
2%
27
Z
28
32%
*89 %
•
*7%
27%
:
:
94
23%
27 3/i
24%
preferred
Brooklyn Union Gas
s
34
15
x973/4 Jun
105
Feb
25
27%
24%
3%%
23
Apr
'69%
Apr 26
1-3% Apr
4% May
27% July
98% Jan
23%
13
12% Feb
"
124
1
Deo
89
♦24%
7%
12%
143/a
8%
2
^Nopar
PBriggs Manufacturing Corp__No par
Briggs & Stratton
No par
Bristol-Myers Co common
2.50
17% Mar 14
Mar 10
p
27
15% Jun
Dec
14
29% Jun
10% July
Mar
8% Deo
23/g
73/8
.
32%
76%'.
94
2%
7%
23%
23%
•:
96%
-.
*72%
*12%
i
,
28%
8
8%
23%
*94%
Brewing Corp of America
Bridgeport Brass Co—
16
99% Apr
22
•
16
62% Jun
86
Jun
Feb
Feb
26% Jun
Jan
12%
.
7% Jun
"
Jun
100
^pr
8%
1
(The)
preferred
Braniff Airways
x29% May :5
10% Jan 21
3
Jan
Bower
10
3?
14
15% Jun
243/4 Jun
Mar
77
28%
...Boston & Maine RR (assented)_100
17
8% Mar 30
47% Jan
Co
3 % %
353/8 Feb
29% Mar 14
Jun
72% Dec
5
23%
;
*72%
29
143/a
*75
_
5
9 i
21% May'
43% Jun
Dec
91
*75
74
74
32%
•
12%.
*89%
76%
Inc
.7
183/4 Jan
Jun
90%
29% Feb
16%
.
*12
-10
i.
Mar
98
11% May
75
Dec
*14
12%
91
33 Vio
13%
*91%
LOW AND HIGH 8ALE PRICES
'•'■■■'
&
Jan
26% Jun
24% May
Mar
14%
*89%
28
\r
*113/4
*113/4
29%
13
*28
'
—10
com—No par
...
May -7
6% Jun
1243/4 July
7"% Dec
65
30%
*14
92
13
7%
12
1
92
133%
*72
32
12
92%
13%
29
32
Co_18 pesos
class A—
B
.
15
*28
p
3,100
1,800
11%
44%
'
92
•
7%
12%
'■
Aluminum
Ami
Bond
-
120
*7%
32
i
54
20% Jun
33% Aug
99
Aug
23% NOV'
•
17% Feb
93
5,800
11V2
11%
93
Tuesday
96 .*•'
7
21% Jun -14
Sep
11%
11%
93
500
44%
44%
June 28.
Class
183% Mar 30
2
25% Jan
12% July
Xll3/e
11%
28
com
Laughlin Inc
Bloomingdale Brothers
Boeing Airplane Co
* 7
'
153/4 Mar
12
44%
44
12%
i
&
32% Jan
1
1% Mar
Apr
12
44 3/a
43%
11%
t per share
(E W) Co
'
101%
43%
44
I per share
Bliss
8
*
Oct
37%
/
11%
June 27
Bliss
27
22
6% Jun
Jun
17
*36
93
Monday
42 %
26
11% May
*16%
37%
'
43%
32
Black & Decker Mfg Co
Blaw-Knox Co
253/4 Mar 30
'
343/4 May
373/4 Jun
16
*36
-
11%
100
91% May 11
Feb
500
16"
16
36%
43%
28
i
(Del)
42% Apr 21
Jun
"
43%
12
June 25
12% Mar 18
42
Feb
38% Mar
May
40
11%
Saturday
13% Jan
13
Apr
~
12
26
16% May
Jun
6
15
22% July
36%
25%'Nov
8%
23
56
71
Nov
27
.
Jan
Jan
10% May
>
1
333/4 Apr
17% Jun
Apr
42
'
7% Dec
x27% Mar
92%
44% July
5% May
Dec
Dec
25
9% Jun
68% July
1
6% Nov
26
8% Jun
>96
1% Aug
'
143/4 Mar 30 ,!'
Sep
44%
Feb
Nov
32%
13
May'
273/4 May
37% Nov
42%
30% Jan
51
Dec
87%
'•*
30
*86
Dec
39%
433/4
10
common
V;'V
,!■
22% Jun
143/4
29%
39
11%
EXCHANGE
$ per share
10% Jun
'
373/4 May
573,4 Dec
30%
I per shfire
17 %
1
'/ Dec
12
NEW YORK STOCK
/"
600
260
39
433/4
—1
preferred
"P
15%
62
11%
73/8
2,400
15%
62
,
■
$ per share
26% Dec
xl3
Range Since Jan. 1
Highest
Lowest
Highest
44%
—50
a
16%
16%
15%
44
STOCKS
Year 1948
Lowest
ll7/a
7,400
4,200
62
113/a
—1
Range for Previous
43%
16
73/8
Bigelow-Sanford Carpet
Birmingham Electric Co
.
16%
15%
*60%
38%
*36
13%
Foods
1%
15%
74
Co
i—
Loan
Bethlehem Steel
29
11%
>
200
I
93/4
8%
43%
"
7
44%
*38
37%
*133/8
Appliances
7
15%
*36
*
*72
—
Indus
44
Cum pfd $3.25 ser of 1946_No par
Cum. pfd $4 div ser of 1948_No par
30% Jan
9% May 31
16
133/4
Benguet Con.sol Mining
Be6t & Co
136% Feb
2
31% Mar 21
22% Jun
Home
38%
100
Co
33% Jan
13
129% Jun :,3
Jan
>
38
72
„
Aviaticjp
Beneficial
.
39
13%
preferred
Bendix
7
i
Feb
Howell
Bendix
983/4 Apr 26
23% Jun 27
23% Feb( 11
25
Oct'
Mar
5
Jun
Jan
78 >
4
2
30%
11
24 rV Jan
24
73% Jan
102% July
25
34% Mar 30
63/4 Apr 13
Jan
26% July
87% Mar
23%
13
&
16%
"
36%
13%
8
p
'
15 %
713/4
i
Dec
4'A%
16%
61
_1
RR
14%
Mar 21
15%
15%
6i
2.50
pfd—_100
Corp
90%
Jun
16
15%
62
*15%
——100
(A S) 4%%
Beech-Nut Packing
Belding-Hemlnway
Bell Aircraft Corp
10% Nov
:
8%
25
common
Mills, Inc
Creek
15%
15%'
*36
_1
13%
93/8
^
8
No par
Co
Aircraft
Beech
4
Corp
13%
9% Z 934 '
8 P.
61
*38%
5
13%
9%
7%
•
15%
10
Inc
conv
16%
13%
9
•*■
:■
62
50
Works
Foods
*13%
9%
8
62
P-:
10
common
13%
9%
15%
100
(Delaware)
*13%
8%
8
16%
;
100
Co
Cigars
3%%
May 14
Oil
Iron
Beatrice
9
Corp
13%
9%> 10
p.
common—50
preferred
preferred
/' Bayuk
96
87% Feb
16% Mar
Bath
20
25
90
69
12
Jun
Aroostook
5%
Barnsdall
10
45
Sep
&
4% %
13% Apr
173/4 Jan
32,
preferred
non-cum
Jan
4
43% May
Jan
4%■
Mar
3
23%
Dec
Jan
41
49
•:
Dec
80%
r
6
4
Jan;
157/8
30%
.
♦13%
13
100
common
""
13%
Feb
Works
Ohio
60
15%
I
Locomotive
Baltimore
'
997/a
50
700
1,300
1
30
'
♦20%
21
p;
20 3%
203/4
21
20%
203/4
20 34
,
*203/4
21
-
.
800
1
"■
<p
"
C
•
27% Mar
62
40% Jun
54% Sep
Jun
1% Dec
6
3
Dec
8% May
31% May
21% Dec
9
May
Nov
15% May
101% Nov
119
37% Dec
44
14% Mar
10
88
,
Mar
Mar
Jun
May
*19% May
19 % May
*
473/4
Por footnotes
Dec
see
page
30
Feb
52
May
2
Jun
2
1
26
36% Jan 26
58
Apr IS
l%Jan
7
.
3% Jun 27
16% Jun
5% Jan
6
7
22% Jan
10
9% Jap
3
100
Jun 24
'12% Feb
4
109
% Mar 21
,
Callahan
Zinc-Lead
3%
33/4
3%
3 3%
$4.25
conv
Canadian
5
Jan 24
*53%
Calumet & Hecla Cons Copper——5
Campbell W & C Fdy_
No par
Can Dry Ginger Ale com
1.66%
Cannon
13
40% Jan
30%
54
1%
45
10 3% Jun
31
1
183% Apr 11
143% Jan
7
24.
30%
*53%
54
1%
41
6
31%
1%
16% Jan
May
31%
*53%
1
35% Jun 27
8
.
California Packing common—No par
5%
preferred
50
preferred
Canada Southern Ry Co—
Canadian Breweries Ltd
Pacific Ry
Mills
No par
17
11%
102
17%
173%
'
H1/4'
11
102
100
35%
36
No par
17 %
17%
*101
25
No par
11
lli/a
42%
42%
173/8
11%
103
35%
t
35%
171%
17%
10 3/8
*42
11
423/4
1%
3%
*3%
*167%
-
103/4
*102
*35%
,*17
10 7%
*41%
*17
17%
103%
11
♦102
104
11
42%
31
7
1,200
.
53%
10
1
1%
.3,200
33/4
3%
3%
3,100
17%
103/4
104
17 %
10 7%
102
173%
10 7%
102
800
:
6,500
80
*35%
36
*35%
36
190
♦17
36
17%
53%
1%
1%
*3 3/a
V
1%
31
54 7.
*531/4
54
7
30%
30%
303/4
173/4
*17
173/4
500
*
107/a
11
11
11%
10,600
*421%
43
423%
42%
200
■
Volume 170-
Number
4817
<■■
THE
\7
COMMERCIAL
NEW
-4Range Since Jan. 1
Lowest
$ per share
Feb
18
> 48%
Apr
". 56
;3%
Sep
May
12% Mar 23
50:
Aug
8% Mar
Dec
,32
30
Dec
;
12%, Dec
.Nov
35%
130
'.1
9
Dec
.
V*
r- V
17
14
■>
Feb
>
Feb
22%
39%
30% Mar
■
,•
34%
16
Dec
18%
6%
67/a
100%
74
,
Y
'
37
7
Feb
Dec
Dec
7% Jan
7
131 % Jan-
6
7%
•26% Jan
7
Celotex
29
17
i'
7 V.
May 31
t
3
Jun
11
Jan
6
*
21
Jan
7% Apr
4
Central
'
.•84
Jan 19
35% Jan 20
16 ;
Nov
Jun
13
Mar
7
10% Jun
15
-7%
Dec
18%
Dec
12 ya
Nov
24%
Feb Y; V 33
17%
Feb
90
13
Jan
91
14
,15 Va
30
•
>
Jun
('
May
Jun
-
5% Jun
Jan
Jan
79.
9
July
17% July
14% May
•
Jan
8
A
12% July
22% July
Jan
7% Mar
Feb
14
18% Jan
10
Jan
»5% Jan
4% Jun
13
,17
Jun
49%. July
27 ;
26
Dec
40
May
21% Jun
14
57
'Jun
49% Jun
28
55% May
25% Jun
17
25%
Feb--
Sep
45%, .Janv—
42%
72 Va
10
15%
Oct,
>
July
Oct
Jun
56% Jun
.10
'15
28
-•
Jan-.
May 11
Lowest
Highest
I pershare Y *
14%
Feb
>
•
19% May
£3/4 Nov
31
;
Feb:'
50%
'35
Jun
Belt
Co
Nov
preferred
convertible
Class
J*n
preferred
14
58
Jan
.44% Jun
Jun
26 V4
18%
Nov ,';
36%
Jan
101% May
27
-
Dec!
97% Jan
X20
May
July
48%
•
-10
•
Feb
42% Jan
"
Jan
4
'
103 3^ May
3
6% Feb
25
75%
Dec
84 %
Apr
79% Jun
17
83'
243/a
Dec
33
Jun
.25
Jan
.3
Jan v-
21
May
16
Jun
6
18% Jan
•
273A Mar
t
•».:
38% Aug
*
July
20% Jun 14
80
Jan
<.
Jun
34%
Feb
105%
Jan
111%
Jun
NOV:
•-34%
Apr
108%
Jun
105
69 Va
88
/
43
■
-;
Oct.
Nov
39
Dec,
'
12%
Dec
23%
77
Dec
16
Jan
11
107
62% Jun
14
73
37% Jun
6
43
105
-
Y 31.
Dec
633/4
x87V*
.
.
...
Sep
15
Feb
16
Feb Y
9 Ve
II
9 Va
"
22%
2
5%
Feb
17
"
26
-preferred
Apr 13
82% Jan 28
Jan
5
' Jan
Xl3% Feb
15
>
::
152
Jan
12;
63Va Apr
9
Jan '6
1075
35% July
9
17% Jan
17
Mar 22,
1
94'/a Jun
8,
7
13
193/4 Feb
2
19
Jan 24
Jun6
Coca-Cola Co
Class
7% Jun
10
12
8% Jun
15
13 Va Jan
8
7% Jun
7
113% Jan
7
17 y8 Jun
6
16% Jun
22
9% Jun
7
Sep C
'73/4 Feb
10
48% Mar
26% Jun
13
May 16
32% Jan 13
Columbian
18% Jun
29
21% Apr 21
Columbus
Apr
28%
2
Nov
2Va
Feb
90
Dec
25
Gas
9
Columbia
Pictures
cum
July
29 3/a May
33/4 Oct
95
Dec
Dec
32
12
22
3
Jan
3
103% May
27% Jan
3
7
243/4 Jun
30
25 Va Feb
May
17% Jan
■J-
7% Jun
May
100% Jan 31-:
3
89% Jan
25% Jan
11% May
36% July
x24%
Jan
13% Jun
Apr
27%
11
4
Sep
6% May
2% Jun
14
21
Mar
25 Va July
21% Feb
25
4
7
May 16
9
8
93/4 Apr
30
51
Jan
38% Jun
13
46% Mar
Sep
11% Feb
153/4 July
98 Va
100
90
July
Sep
Dec
Oct
16% Mar
10
5
"
Y
-
.
.
.'/YTV:
:•.:...
•47%
47%
,:v
7y4
82
;
70
17%
100
*23
24
*23
24
200
170
•120
170
70
108
Mar
103% Apr
105% Apr
27
20
27% Jun
17
37% Jan
22
Jun
13
97% Apr
5
93
8
108% Mar 25
17 % July
13 Va Jan
3
15Va Jan
21
85
5
933/4 Jun
7
Nov
40
May
30% Jun
6
363/4 Mar 30
Oct
99
July
95
Jun
15
99?/4 Mar 21
NOV
13% May
6% Jun
2
Oct
56% Feb
24
Sep
page
24.
Jan
♦37%
'63
107
y 50
^37%'
39%
39%
12%
127/a
25
4
4
73 3/a
73
v
*61%
62
12%
13 L
-13%
24%
25
'24%
...J '---3%
4
*3%
21%
22
138%
/
132'
;
X
'
-
21%
&
*73
132
62
■%': YV Y
*1000 y
75
131
73%
•62
13%
25%
*
26
*3%
4
,
135/a
22%
500
22%
*134%
4,900
4,700
138%
22
2,000
•
*134% 138%
132%
62
/
22
133/4
25%
/4
*134%
■•>'
*73 i
75
*130
v
('A';/
♦73
131
613/4
y'
v•1000
138%
'alee"
rt'
400
131%
>»■ 62%
61%
r
*1000
75
-
131%
62%
150
•3,000
600
>;
^
'
*1000 .<>•
<
"35%
355/8
92%
14%
92%
153/4
6,100
163/4
17
3,000
'
'
-i>."
35
-.i
*.
/:>
94%
35%
*94
35%94 %t:
.
143/4
•
STOCK
EXCHANGE
143/4
14%
143/4
16%
;
•
-.35%
*94
'Y
-i_20
16 %
16- «
35
•
-
13
12 3/a
13
15%
15
35 3/a
94
16
Yy 13
CLOSED
100
10
54
63
■
94
35%
<
35%
93
Y
93
147/a
15%
143/4
147/a
16% >
163%
165/a
*15%
-
*8
,
100
*8
9
*8%
8
v
v
9%
8%
*8
8
83/4
,-
153/a
;•
8%
'
T27/a
f
.
173/4
17%
*17
!•
17%
17%
173/a
10
10%
10%
10%
9%
■'/-//
10%
*51 Va
*8
9y
17^ .-.y
-
15%
>
*Q
*8%
'
*17%
2.50
—2.50
.
13
15%
9
9
-v
'
13
13%
♦8
17%
173/8
y>. *16% >17% r.
yy 10% '10%:
*9%
10
9
9%
9%
■
•
9
>
■?•
,
9
1,400
1
'
10
9%
9
*8
2,100
15%
-
*8%
;:.-"
100
;
f
-
175/a
*17%
18
17%
♦17
17%
100
10%
23,400
93/4
1,300
10%
'?
55
*17
15%
15%
«•
*8%
9%
r/9
173/8
110
*
13
'12%
'
,
14%
15%
Y
10-3/a
10%
> 9%
9%
93%
900
♦53
55
55
55
*28 3/4'
29%
29%
29%
1,200
19%
19%
19%
193/4
193/4
3,000
24%
24%
24
24
*233/4
24%
50
50%
48%
49%
48%
49% Y.
—100
965/a
96 s/a
96
96
96
96
*.No par
Commonw'lth & South com..No par
133/a
13%
13%
133/4
33/4
3 3/4
3%
.,97
255/8
97%
97%
25%
X25 '/a
73/4
73/4
*7%
Inc
preferred series
10
3%
—No par
;
Consolidated
Cigar
•
No par
Consolidated Coppermines Corp
5
Consol Edison of N Y
$5
Corp:
$5.50
preferred
"%^
com
Inc
common
preferred
7
Continental
Diamond
633/4 May
9
Continental
Insurance
I
Fibre
23/4
25/a
23/4
22%
22%
1063/4
107
25
*26
27%
22%
107
.
13%
3%
'23/4
22%
107
975/8
98
975/a
97%
25%
253/8
25%
73/4
73/4
*73/4
243/4
24%
24%
*26
28
2%::
40%
39 Va
40
39 V*
16%
*153/8
16%
*15 3/8
10%
10%
10%
*10%
7%
7%
*7%
73/8
*7Va
7 =/a
9 3/a
33%
:,
9
-,
9%
9
33%
33
223/4
107
40
10%
23/4
225/8
107
>
8
200
1,600
23/4
23
y
2,100
10,800
107%
8%
>
107%
•11%
11%
♦83%
225/8
290
25
27
23/4
.
107%
*11%
11%
♦26
.27
y> 25/0
.
223/4
9
9%
106,300
4,300
14,100
25%
7%/,
♦8%
*33%
4,300
3%
253/4
9
11%
14%
97%-
83/4
11%
2,300
965/8
33/4
3%
1,900
495/8
13%
14
3%
25
49 V*
96 Va
-r
49%
13%
25
'
243/4
243/4
96
*11%
1
No par
25
*25%
28
No par
Baking Cb com__No par
9Va Jan
25
24%
*49 Va
96
16
10c
11%
83/4
83/4
600
40%
4,100
1,200
200
40
40
16 3/8
16 3/a
163/8
15%
153/4
500
107/a
*10%
10%
11
11
300
73/e
73/8
9Va
9%
40
1
*7%
7%
200
93/8
6,100
33%
33%
1,300
9
9%
<
No par
—
y;
•>
200
y v..
39%
*
100
Inc.—1
preferred
Continental Can
$3.75
•
9%
*9
107
$4.52 preferred
—No par
Container Corp of America com;_20
4% preferred
—100
Continental
*53
11%
*11%
5
15
Vultee Aircraft
Consumers Power Co
$4.50
pfd
"107
1.33%
Consolidated Natural Gas
*26
^23/4
223/8
No par
Grocers
Consolidated Laundries Corp
Consolidated
;
No par
com
preferred
Consolidated
55%
v
—No par
common
3.60% preferred
Commercial Solvents
$6
.....
Engineering
Superheater
13
Jan
;.f:
39%
200
107
108
5,700
29%
121/4 Apr
Dec
64
*37%
190
22 Va
*213/4
18%
8
4
*63
213/4
*107'
,393/4
111%
i
29%
Consol RR of Cuba 6%
May
>
,70.
39%
*111%
29%
Consolidated Textile Co Inc
36
108
600
>19%
Consolidated Retail Stores
6
•■-/'•'213/4
213/4
*60
39%
ii2
*111%
27
18 3/4
7
27
y.39%
.
V
*107
;?
82
.;
263/4
*16 3/4
*21
y
25
132%
■•
*79%
5,600
*
*60
40
112
,;,
1,900
,
'
21 %
•L J'
393/4
320
.
*120
/
;
:
170
*111
4,900
.
17%
;,
108
39%
*134%
:
r,
27
23
,
47%..:48%
*63/4
7%
' 7V4
*63/4
♦79%
30
103%
22%;
29%
7
Jun
•'.
195/B
8
42%
see
22 Va
;l
64"
21%
62
-y
*37%
138%
*970
par
29%
•103
•22%
82
40
_34
473/4 >48
30 »
103%
1,000
': 30
/; 100
^0,600
*32
473/4
103
100
y
53%
9% Jan
106 Va May
For footnotea
34
29V4
477/a
*60
^
39%
112
♦63-.
♦130
"■
■
*37
22 V*
>€.3/4
23/a
Shares
,;.13%
2 3/,
40
473^
;
I per share
•;..
30
12% Mar
29 V»
4
<
Sale*- for
the Week
*13%
23/4
,
>37
; 32
1023/4
*79%
f.
Friday? :.v
.July 1
"
19%
21Va Jan
30% Apr
99% May
*106 3/a
*73
•
——No parCo
5
14
106%
64%
32
293/4
'47 Va
'■
22%
21%
Elec
16
92 Va
48% Mar
6
w_—No par
w
Co
23
Jun
11%
■'
13%
2%
'
*21
21%
4j/4
10%
Jun
10 3/4 Mar
8%
*4
common—No par
Jun
84 Va Mar
92
;y
V
,
29%
*22
70
111 va
•37%
39%
12 %:
13
24 Ve * 25%
10%
7%
7 10
"
*21
May 10
14V4 Jan
33 Va
i-
40
102 »/a
4
•
,*13 Ve
463/4-'. 47%
•
y.. ^
Thursday /'
'$ per-share
-2 3/a
♦31'
7%
393/4
29
1073/4 Feb
35%
f; ty
V
13%
y
82
*60
24%
6
Dec
v-
'
24%
14
*10%
*
June 30
*2»/4
.
48
40
UV/zS
No par
23
7% Nov
70
39%
Congoleum-Nairn Inc
Feb
29 Va
*60
*112
1
Apr
29%
11%
*121
Feb
Jun
15% May
•10V4
?. 175
30
8
Dec
11%
*125
7%
11
Dec
59 Va/
•
/
26
X106
Dec
58%
»$ per share
22%
47%
•*63/4
98%
Jun
8 3/a
/
23
*73/4
Dec
19
59 .;
*22
97
Jun
10%
583/4
23
255/e
12%
100
3,800
1,200
59%
'23
25
108 V*
500
50%
28%
'
1023/4
22
.
No par
21
23
*49%
28
*37
32
*79%
*23%
24
*125^ 175
Conde Nast Publishing Inc
4% Jan
*
v
.17%
Commonwealth Edison Co
X18 Va
Dec
50%
17%
7
23% Mar 30
27%
23
223/4
*163/4
8
Feb
37%
2,500
223/4
*493/2
June 29
29%
"
9% Jan
11% Mar
Dec
273/4
27 Ve »'■ 27 y*
■
«
v
53,%
Commercial Credit
29 3/a
5,800
4,200
6,600
175/a
No par
Ohio
>
106
10% •/
:f
30
So
52
Mar 17
Inc
preferred
Carbon
&*
267/a May 13*
Dec
8%
System
46% Feb 25
104
,
5
10 V*
.>*16%
preferred—100
Columbia Broad Sys Inc cl A
Class B
'
3%
10%
17%
20
Columbia
21% Feb,11
Nov
103 3/a
2nd
Jun
8 Va
Y
—1
10
$4.25
800
1,700
-
19
*163/4
No par
13
58
5%
*3
3%
5 *'
•
27
1
Corp..—No
237/a Jan
11% May
700
14
5%
-
4%
26%
—100
preferred
53% July
Jan
xl6
preferred.:
12
Combustion
Feb
90
L—
J,—:
non-cum
Jun
13% May
78 Va Jun
.
18%
"26%
(The) common.No par
Internat
conv
147/a
10
8%
14
*
'
5%
500
18%
26 %
1
Colorado & Southern Ry com
4% non-cum 1st preferred
32 Va May
Apr
*8
3/8
5%
-A,
26%
Colo Fuel & Iron Corp com—No par
31% May
36% ,Jan;
223/4
*13 Va
.1;
2%
<1023/4
;
•
—
Dels
24% Jan
5,600
18%
27%
Collins & Aikriian Corp.—No par
4%
800
93/4
MOVa
Wednesday.
46%
1 7%'
*6%
1
Colonial Mills Inc.—
10
Jan
85/a
9%
13%
r
*4% V
•
27%
50
*3
■,
■'
82
Colgate-Palmollve-Peet com—No par
$3.50 preferred
—No par
19% Jan 24
12% Jun
15'
*8%
'
a
58%
40
*134%
A—
Coca-Cola
8
■
*79%
100
;
2nd
cum
Feb
37%
*8
5,500
?
3%,;
93/4
13%
i.
30%
805/a
200
"3%
8%
*26%
•
preferred—
4%
-
30%
*80%
37/a
*5%
10%
[
46
64
Nov:
Dec
30%
*8%
par
Cluett Peabody.& Cd com_i—No.par
141
600
28
f
29%
103
*62%
2
Jun 14 s
Apr 26
18
*17%
27%
t:
13%
*31
.
"22%
& PittS RR Co 7% gtd—_50
Special gtd 4% stock—
50
Climax Molybdenum:
"—No par
10%
7%
Dec
">
108
30% Feb
89
Oct
49-
'
48 Va:: 48 3/a
100
—
Clinton Industries Ifac—
15
20
53/4;
: ■ '53/4
'27%
per share
38
32
*106 3/a
20
18%
*
Clopay Corp.
Jun
28%
f>
—100
20%
'
;
22
Cleve
Jan
May
12
293/. Feb.25
18% July
17% July
D®5
41
,Y
102%
10
com
20
6
Jan
183/4
Nov
.
100
"
Dec
6 r v
*10%
,
11%
13%
y 2V*.
30
Graph Bronze Co
5% Jan
1075
263/4 May
22% Oct
123/4
*
2%
473/a
—No par
15%'Jan 19
60% Jan
Jun
Apr
25% May
Feb
Cleve
94
27 Va
June 28
i
133/4
29 Va
Illuminating com—No par
preferred
30 3/4 Jan
13
96
Nov
16
,
46%
20
22
Xl24% Jun
July
45%
$4.50
20
18
5
20
21% Jun
Jan
1332
2,500
*92 Va
9%
5 V
*48'/a
Tuesday.
:
f per share
*31
—100
Jun
>.<
71
Dec
*10%.
Y
^
—i—25
—No
37/a Jun 29
12
.
137
July
59 V*
-
18%
27%
27% ;•
100
20%
92%
'
' 3%
.
10%
•
233/4
'
22%
49%
58 ,■>:
■
59%
11 Va
23%
26%
v.
com—8.50
Elec
24% Jun
92% May
60 %
v
♦40
preferred
Cleve Elec
112% Jun 16
25% Jan 26
Feb
1332
■
23%
1,400
5,400
*23%
y
*80 V* ' 805/a
</
18%,
49 V*
■:
June 27
•
25
CCC& St Louis Ry Co com
5% non-cum preferred
*3
16
20% Jun
:
Jan •'
183
28
> 27
0 :
,
2%
Clark Equipment r,Co
:
.
7%
233/4
197/a
: *3 Va
LOW AND HIGH BALE FRICEB
City Stores Co
Ma7~9
85
42 Va Jan
Feb
75% Dec
134'/a Dec
"5
52
*6%
17 Va
"
Jan
10%
Apr
109
36% May
147 - July
137
5%%
;
23%
•
MondUtp
Jane 25
City Products Corpx
7
3042 Jan V 8
36% Mar 21
<
78% May
47% May
'>35%
:
Dec
27 Va
Dec
18% Mar
Nov.
4 Va
16
Apr >5
27:
176
>& 1767; July
22%
8% Apr
28% Y
28%
Saturday
C 1T'Financial CorpL-.iY_-.tNb pax
City Investing Co common—.——5
29 Va Jan
15Va
.
.:
2,500
10%
: 30%
8 VB
4%
11% 1
10,900
-
9%
*3
10%
600
11V4
10%
'
17
*5%
53%
(
11 Va
10'A
is
7%
4%
17%'
17%
*iov4
92%
13%
19%
81%
■
5%
11% vf:
59%
'
—1
&
,.
>
19
■!
.7%
3%
4%
8%
9%
500
7%
108
*80%
;
200
13%
*7Va
71/4
17
:
3%
*
200
13 %
10 Va
...
-13%
_
5%..:
18
28%
pax:
8 Va
13%
:
*3
3%
23%
STOCK
4% ; preferred
K- Cincinnati Milling Machine Co
52% May 19
.
5%
*48
par
■■,,
13%
'>5Ve
-
3Va
400
4,400
3%
A;vAiv;..::
preferred
Copper Co—i
Gfls
8%
'
•
:•»
19 %
*13%
Chrysler Corp
4
f
-
5%
•11%,
common.
Cincinnati
24% Mar 17
11
8%
14
5
5 Va %
Chile
30% May 17
Apr 25
9%
'
200
8%
♦107
10
-
3V4
<
7%
*23
80%
.
15
400
8%
14
*6%
31
<
15
108
17
6
30%
?
.
15%
'
111/4
10 %
18
*80
8%
9'/a
""
preference—No
t
80% ,Y
3% •?"
-•
9%
19 Va
No par
*5%
15%
17 %
a
18%
18
-:'. 31% 3
•
*80
;STOCKS
Co
31
;
-
8%
*3 Va
100
* com
5%
3,400
/
3%
11 Va
24
93
130
16
8%
10%
12,600
121
15%
81%
7%
18%
9%
*10%
Childs
5%
*18
8
No par
preferred. vtc.:
27%
100
120
151/4
,*16%
5,100
^
*99
t
16%
-*80%
9%
: 18%
*92%
;
20
30%
27
15%
*7%
-
16%
*23%
-•
*8 Va
.
N
100
8
:
*6Va
18%
*3%
5%
137
29%
...
-
121V4
*107
: -9%
.
93
3%
•13%
30
*13
7%
16%
8%
i
Chlckasha Cotton
.
31%
82
3%
>
40
Milw St Paul & P vtc
•*-"
V
14%
108
10% 1 10%
:
t'
23%
18%
5%
,V
*80
7%
*92
/ 18%
31 Va
100
com—No par
I per share
7
Jun
*5%
*18
'
*135
27%
*3%
*80%. "*81%
'17%
17%
11 Va
11%
*
9%
23%
91%
Chicago Yellow Cab——«No
8
24
91 Va
' 137
:*15
V
3%
7%•
17 ;
9%
-
19%
A
convertible
*6%
-
19
"27%
7
36
5
♦107
81%
16%
10
300
4,100
♦15%
8
♦13
7Va'■
*80%
16%
-
•?:■•
*23%
.
7
,60: ; Jan;
13%
108 t
7%
16%
10
No par
'
& East IU RR Co
$3
19
5% Jan
l
65%
i
•
*.
No par
com
EXCHANGE
16
293/4
-
*6%
CLOSED
No par
—
NEW YORK
Jun
?
Feb
90
1
Chic Rock Is & Pac RR Co__No par
Conv preferred series A
100
4
16% Jan
6-
stock:
EXCHANGE
—5
t per share
C
20
No par
Copper Corp
Products.:
6%
34%
15
14%
-
•100
6%
*99
16%
3%-
>400
1,200
33
34 Ve
1121 %
15
7%
.
2,600
,
13%
6%
26%
99%
14%
i
:
7Va
*107
81%
<
f
7% J
3%
13V4
7%
108
*80 Va
28 Ve
' 25 Va
-*31%
29%.
t
121 %
*15%
10%
de Pasco
99%
15
*3%
14%
7Va
.<■
29%
121
7%
3%
*107
:*
Jun
;
31
>
Nov
23 Va
7 V*
2% Jun
63% May
42
; Jun
xl3
Apr
4%
44%" Oct'
:%tper*hare
8
*13 %
Corp
preferred
i
:
100
Chicago Pneymat Tool com—No par
Jan 20
'
15
14%
11%
...
per share
14%
Sugar Co
'
.
*14%
8
*3%
240
34 Va
'137
26%
.
100%
*6%
'
17% 1
-Range Since Ian. 1 %
Xewest'
1 Highest-
-
99% >
121
*119%
10 %
!
/
99 Va
.
>
11
Range for Prerioua
Year 1948
26V4
15%. .15%
5
1
No par
vtc_
100
5%
4
12% Feb
29%
t
16%
No par
pfd—
100
Corp 3.40% pfd~100
Chicago & • Northwest
:
29% Mar 30
74-
i
10
•
32%
*
7 138 >
26%
*15%
„
36 % Jan
14
series B
*136
29% ;>
16%
—
6%
300
•
-
3,800
13 V* 1
33
Shares
7%
25%
v
■*
13%
•*31%
the Week
^
28 Va
25%
,
8alee for
55
7% '■
100%
,
28
>
25%
13%
'
'
100 Y
121
28
■'
32%
26
*15%
:
,
'
31
28%
'15%
Chic Ind & Louis Ry Co class A__25
Class B ——>
I—No pa*
347/a Jan 21
-
,49% Mars.-',/
9% Jun 14
99%
138 i
*6%
-
17
Series *A
23% July
26%
*135
•
100 Va
-
32
f
10%
Chic
Dec
29%
26%
6%.i
31%
11%
33% Jan
33 Va
29%
_
8% Jan
13-?:
13% Dec
;
*135
10
Chicago Corp (The)———1
Chicago Great West Ry Co com.. 50
■>
5% preferred.—
_50
8
13
6%
30%
18..,,
3%%
7
28
Jun
6%
31%
138 . .
13%
r■'
7 Va
27%
25%
13
*
♦53%
.
100 %
27%
<32
-
55
6%
...
100f
13%
10%
-
9
3
33
*6%
12%
12%
»53Va
.
-*25%
11%
Chic
May 16
5V« Jun
Co
:
J
18
3
10% Apr
*32
33
.7,
31%
Checker Cab Mfg—
.1.25
Chesapeake Corp of Virginia
5
Chesapeake & Ohio Ry common—25
'11% Mar 30
11
13% '.f
15%
Sugar Co
Violeta
$4.50
21.
12% Jun
•
"13% July
41.% July
30 /. Apr.
9 *
25%
13 Va
—9.50
;
7
12
13
7% Feb-24
15% July
9% "Jun
'
.4% Mar-
/Jun
27%
25%
13%
20
Champion Paper & Fib
7
85
Feb
V5 % Jan
13
27%
25%
,
com_5
Chain
34% Jan.: 7
-
Jan1. 7
3% Jun
8% Jan
-27%
.
Friday
July 1
9 per share
12 V2
>
6%
-
,100
.—100
Cerro
4
28% Jan..
10
90
45%,
97% Mar
100 'A .»
*119%
Century Ribbon Mills—.
7
4
100 %
June 30
53
,
6%
}
-
!
Light 4%%
Certain-teed
18'
24% Jan
18
May 24
29% Jun 13
Jan
,
111
6%
No par
Ry Co vtc
preferred
€%
,
tCentral RR of New Jersey
& South West Corp
8% Mar 29
27
May 31V
Ga
-
101
25%
*32
6%
Thursday
9 per share
12%
■; 53
.—100
Central
6
I8V2 Jun
12 J Jan
>
13% Jan
55
*12%
Central
11
14
100%
Nov
7%
21% Jan
9 % Jun
Jun
Feb
.
May
23 '
76% Dec
4 :l Feb
Y 9
6
13
Jan
Deo
Y 7%
13
26%
25% Mar
;
6% Jun
<5%
Central
12% Apr 20
11% Jun
6
15% Jun
J
-
Deo
31 Ve
Jun
Apr
20
Feb
•7%
28
May
-
:u
28%
Y
13
9% Feb
:
Dec
*53%
27%
_100
—
i
Aguirre
of
Central NY Pr
;
10%
55
*100%
1
new_:
Central Hudson G & E
5
110
,.79% May 24
•53-%
25
common
preferred
Central
8
104% Jan 1 3
12%
13%
:
preferred—:
Corp
Central Foundry
7
24 % Jan
112% Jun. 17
2nd
5%
11% Mar 14
14
6% Mar
Jan
Jun
39%
>
105-'--Mar
15
17
18%
*12%
-"8% *
y
June 29
-9 per share
share
12%
5
:
X per
'
50
Wednesday
v
June 28
,
*12%
Ceianese Corp of Amex com__No par
$4.75 1st preferred—
No par
23
May
(i\ 83
•'7 % ■ preferred1
Caterpillar Tractor
Jun
14% Jun
Jun
108:.
Oct:'
%
_
Tuesday
June 27
9 per share
...
Mar 12
17
Monday
June 25
9 per share
10
„
_
Carriers & General Corp:
Case (J -I)f Co common
Apr
,15% Jun
38% July
8% Mar
•
Nov,
7
"
•30% July
1
32% Jan -7
22
1
Par
No par
:
Corp common:
1
:Conv preferred '4% series
13% Jun
Feb
12%
5
17
140 >
Saturday
,
*;•;•
Carrier
97
:
11%'Sep
'
23% Apr
May
7% Jan
11
26% Jun
9
37% Jan
10,
Carolina- Power & Light
Carpenter Steel Coi—
29
X114
Jun
20% .Jan
5% Dec
RECORD
15
x
Capital Admin class A common—1
'
$3
preferred A—^
!
__10
Capital -Airlines Inc
:
,
1
Carolina Clinch & bhio Ry
100
7
35% Jan
.
>■>>:>
•
6
Feb
-
STOCK,
EXCHANGE
17
•V r 16% May
24
Jun
1311-Jan
i
,
July
May
140 .i
Feb
Dec
22 Va
Feb
30
.
y„.,
17%
.
4
6
Jun
105
•
(15)
LOW AND HIGH BALK PRICES
'
29% Mar 29 7
'
•
"
Feb
123
Jab
8% Apr
108
14
12% Jun
Jun
~ ^ ,
23
25 Va Jun
i
97
NEW YORK
*■
55% May 11
Jun.'7
26% Jan
.
i 147,% July
t
22
15
4
{
May
52%
Feb
Mar!
i
Jan
19% May *
43 % Jan
6% Mar
Y
100
July
41%
-
-
5% Feb
j
110%: Nov
j30
i
"
26 %
i
.
Highest '■/
r'. 1 per share
tperjthare
"
Feb V
100'/a
STOCK
CHRONICLE
STOCKS
Yegr 1948
Lowest*.
Highest
I per share
YORK
FINANCIAL
-r
Range for Preriomi
II
&
*107%
*31
96
:
33%
107
1063/8
106%
108
107%
107%
32
303/4
31
96
*94%'
96
106
*1073/e
30
*94%
32%
33
106
33
30 Va >.
106%
106%
107 %
107 Va
107%
30»/4
107 %
1063/8
*107%
106%
303/4
31
31
96
95%
95%
20
*133/4
14%
1,900
91 Va
91%
190
7,900
*94%
96
14
14
*13%
14
14
14
13%
14
91%
91%
*91 Va
933%
91%
92
91%
91%
.
600
110
1,200
20
33%
33 3/a
33 Va
33%
33 y4
33%
32%
33 Va
325/8
32%
No par
*96%
993/4
97%
97 Va
*96%
993%
*96%
993/4
*96 Va
993/4
5
*6%
63/4
6%
6%
*6%
63/4
6 3/a
6%
63/4
63/4
400
10
58%
58 %
X57%
58%
57%
58%
2,300
58
58
-
™
58
58
100
COMMERCIAL
THE
(16)
16
NEW
Uweit
Hlgbeet
,
inn
5% Jun
14
8% Jan
-
11
58% Apr
18
;
19%
Apr
11% Jun
14
15% Jan
3
19% Jun
28
July
.51% July
FebMar.
14
Continental Oil
oi
Steel
Continental
Cooper-Bessemer
20% Jun 27
June 27
9 per there
Corp
5%
9A
new
55%
'
•12
: Jun
12
Oct
-
'
,
55 V4
55%
'
20%
;
12%
19%
20
19% Jan
'
12
,
52%
;
42% Mar
>
•
t,
<•
Feb
18
Not
86
Oct
Feb
39
92% Sep
v
-
<
r
i
>19%
33/*%
46% Mar
36"% Jan
3
42% Apr
13
»
34%
Jun
20
Jun
14
27% Jan
8
103 % July
94
Jan
8% Jan
.
J Mar 17-
90
129" : Jun
.
May 24
96
>■
82
15% Jun
14
24 : Jan
30
72% Jan
22
17 V» Aug
Jun
12% Feb
160
Jun
1
13% May
,88
May
24
160
6
,
13
Jan
16 > Feb
28
4% Feb
May
6
13% Feb
10% Jun* 14
,13% July
,
Corp
£;,
r
59%
""59%
181"
*3%
3%
1%
"1%
22%
3%
6%
RR
Press
i
,,.38%
,22
»89j/2
91
1
56%
common—10
Cunningham Drug Stores Inc
Jan
19
Jan
19
9% Apr
24% Jan
4
7
Jun
14
129
43 J/4 Jun
28
50
7% Jan
3
28% Sep
18% Jun
14
150
.
109
Aug
May
61
Curtis
-
Publishing
Prior
(
97
97.
«
97%.
6
)
91
22%
40
40
22 V2
23
96%
>
53/4
'>
,
22%
13%
5%
2,500
.:>•
56
;
330
1,100
-
V
22
*160
...
1,200
180
2,000
180
5%
57/e
c
13%- >
13%-
.
180
706
.
163/4
55V2.
22
;•
2,200
r
91
...163/4..
.
:
200
25'/2
*89%
x
16%
*160
400
96%
.'•>
'
56
r-133/e
180:,
:> 5%
■
14%-.;
91'
55 Ve
*22
■
13%
,13%,
) *160
14%;
96 V2
22%
>
9%
*95/e
*25%;
22 Ve
;
900
300
97%.
r
39
5/10%.
600
3,400
.
>
383/4
,*89%.
;
<
'•<;.
22 Ve
.
5,500
-<>
60
.
24%
-
143/s
-"96%
■■
16%, 16%
57
9%
t
;
253/e
;
253/e
,
96%
*55
9%
-
.
22 Ve
•
>89%
5%
;
,
A '.14
;
39
96%
,/
'9%
25%
14
;
,
*21%
f
13%-,
5%
9%
14
*38%
180
5%
2,300
;•■'
64%
*58%
64
*583/4
64
*56
64
♦56
11%
11%
*11%
12
*115/8
12
*11%
12
*ll5/e
19%
*19
19%
; 193/4
193/4
*19
193/4
19%
193/e
200
5%
5%
53/4
4,100
*19
> 5%
No par
*111%
113
*111%
No par
*43%
44
1
preferred
97
>13/4
30
—
*59 Ve
2.50
$7 preferred
23%
22%
*160
No par
com
I
v
16%
13%
*
180
5%
-
6
:
24%
n
57
22%
13%
*160-
10
100
common
1%
23 %
; t
91
33/4
-
1%
^
«
4,000
U-+ 10 '
a
1%
i 3%
35/e
'
>
-
58%
US3/*
1%
21%;
16 Ve
35/e,
i
58 Ve
1*178%
50
500
450
-
98%
/.
23%
*25%
96 %
*55%
'
23%
13 %
100
38 %
*89 Va
i6%
V 56%
59%
■
.
>.
>
99-..-.-
1%
r
96 V2
:>,•
:, i6%
100
"*22%
•,
21%
96%
-
59
120
600
•:
t.vi
24%
«
..,,99.-
*95
14 Ve
14
'
a-
2,200
7%
24 5/e
*98
V
-
178%. 178%
:
3%
98%
•99%
!•"
53.**->
523/4
i'
25
V
99%
;
i81 >
3%:
.
>97
•
'
*98
50
7%.''
,
; 23%
i% j
23
,
No par
Inc
;
25 %
"96%
100
'
*178%
,9%
22
par
No par
pfd..
59
9%
38%
non-cum
X58
♦25%
38%
com
i
•9%
14%
;24%.
f
-
7
*95
9% ,
25%'
*
98 Vz
99 %
96
14%
25
t
>97
'3%
i%
23%
25 J
.»
>98%
96
r
•
•„181-181 V
23%
25%'
No
"j
,
*49%.
.
V
800
1,000
/
5.
12%
12 Vt.
•/
>'
523/4
c
10,500
,-i
9%.>
>9 Ye
>>
*7% > 7%
52 *'V
•
51% :52
49%
/■
i
53
98%
•-
'5§%
.
V
181
"
Cuneo
7
7% Jan
12% July
Feb
Dec
" 7%
•
54% /I
12 Ve >
20%;- /
9%
1:49V2
50
/ *7%
>-*52%
• -v
54%
12 Ve *20
12%
Shares
7,100
'
•:
,
■
•
9%
•: '.12V4.
99% y
59 V2 j
>
*98%
*
,
53%
■
the Week
,
5%
5%
20 y4
'
12 %
>49%
•'
'
2
preferred
Cudahy Packing Co
4%%
preferred
1
19% jun 29
24
.34%
Feb
<
53
24%: 25
*97
99%;
No par
oom
8
Cuban-American Sugar
7% preferred
8% Mar 29
73> Jan 27
27
Jun
,
•
Zellerbach
conv
Cuba
Apr 21
15% Jan 27
: 6
5% Jun
60
July
17% May
31
5ft
v
__1
preferred
$4 2nd preferred.
24
Dec
20 V4
*i *513/4
9%
,
12 Ve
i
,
/• 7%'
*7y4
9%
C;
V
,
50
*49%
,
/»
98%
98%
*.60
com_
Crucible Steel of Amer
7
55 y4 Jun
8eal
$4.20
»•
4
;«Jan
28% Jun
America.
&
preferred
Crown
7-
Mar
98
Crown Cork
7
1:78% Jun
;34
Jan
.
12%
,
l:'/ 52%
25%
"25 '
.100
preferred.
Creameries at
-177
*9
52%
"•98%
.29
common.
Cream of Wheat Corp (The)
Dec
47%
.
Co
19% Jan
Dec
122%
27
,96
Crane
26% May 12
Dec
7
Jun
2% Jan
8
32% Jan
7
100% Apr 13
.
:10% Mar 80
Feb
15%
6
7
Apr
11%
9
13
S
Dec
7%
4% May
1% Jun
16
•
67%
9
15
i Jun
Feb
Deo
12%
182
Jun
Dec
165
64% May
,
'6
.
14
66% Dec
12 Va
20
'53%
v*51%
53% j
Va ■>• 9% 'j
"
.
Cum
i;;
'
-^71/4
S
preferred..
100
pfd 3%% ser of 1947___100
Corn Products Refining com
26
7 ft preferred
.
100
Coty Inc
1
Coty International Corp
1
3%%
23
91% Feb
25
Jan -6
21-u Jun
,
Jun
;
9
""52%
Corning Glass Works common
25
99% Jun 30
Dee
■
:
12%,- •'
50 >' \
• *7%
*49%
1
Corn Exchange Bank & Tr Co—20
20
.99% Jan
3
->% Mar 25
Feb
24%
•i
•36% Deo
23% Deo
95
26% Jun
10
Jan
13
Mar
17% not
20%
26
57
99% Jun
98%
9
12%
-
Cornell DublUer Electric Corp
26% May
8% Deo
*21
5%
7
Jan
t
171% Jan
Mar
3%
♦
15
Apr
20
"4
■
i
1% Deo
Range
Copperweld
64% Jan 12
'
92% Jan
Oct
July
177
,
4
543/4
12%
>("'
5%
:
Sale* fer
-
share.
per
543/,
12 V8
Friday^
k
July l.-iv
5%
'
66% Mar
:
52
13
7:
97% July
r
66% Deo
Jon
49% Jan
i
08
■
164% Oct
3% Dee
•
23%
*.
not
88
Feb
,11% Jan
49% Jan : 4
60% NOT-
*16% Jun
;,'67% July
g% Ner'
60
<
■
■'
Co
No par
Steel Co common
•
Convertible pref 5% series.
60
Copper
6
5%
12
20% y;
'
„L
•
5%
■v>i,
June 30
'•> 54%; 55%
12 Ve
54%
*53%-
>12% Feb 17
13
Jun
9
<
21%
Feb
13
$ per thare
r'
5%
5%
.
12%
20%
55% May 13
r
1
Thursday
$ per share
;
"
68
*49% Mar.-1-
Wednesday
June 29
/
w
June 28
f per thare
5%
55%
,
14
—5
Corp
'f
•,
I perthare
-1.
Delaware
Tuesday
Monday
June 25
Continental Motors.
7
47% Feb
Monday, July 4, 1949
RECORD
Satwday'
Par
'
40%
CHRONICLE
LOW AND HIGH SALE PRICES
STOCK
YORK
t per thare
>
69% Jun
10%
; Feb
0
YORK: STOCK
EXCHANGE
<
..
t per thare
v
I per share
$ per there
•A'*-.' NEW
Banff Sine* Jan. 1
Hlgbeet
1948
ear
FINANCIAL
STOCKS
for Preview
U«Mt
&
8%
5%
5%
5% 14
5%
'
*111%
115
55/e
113
44
.44
43%
43%
8"%
8%
8%
19 y4
18%
19
♦122%
140
20%
21
5%
205/a
*111%
44
8%
>19
9
19
*132%
140
,
100
12
♦111%
113
433/4
:
64
<
113
*433/4
44 %
600
■
4% Feb
18% Feb
133
137
Jan '
21% Mar
'
133
July
137
V4 Jan
1
Class
Jun
94%
Jun
87
Jan
4
94
Jun
Jan
11% Jun
13
14
Jan
24
17%
Jan
Inc 7ft
20
20%
85
>•-
14%
Sep
8% not
Jan
13
8
17% May
20% Jan
3
31/
May 12
Jun
92
Jan
4
96
Mar 29
Preferred
3.75%
series
Jun
92% Jan
11
95% Jan 20
Preferred
3.75%
series
Jan
7% Jun
30
10% Jan
8
Dayton Rubber Co
Jan
4% May 31
9% Jan
7
Decca
Jun
17
■
29
5ft
2
14
31% Dec
46% Jan
30% Jun
13
29 % Feb
38% Jan
34% May
31
Mar 29
34
Jan
50%
26
Deere & Co
36% Mar 30
Jun
13
40% Jan
5% Jun
13
9% Jan
Jun
20
20
39% July
',■>"19 > Jun
13
27% Jan
f
t
20
Apr:
ft-
66
Decv
21% May
60% Jan
Jun
19
183/4
17
19 Ve
100
*93
140
,
*20%
20%
>*132%
B
100
94
94
Lack
&
103/4
11
11%
95
♦92%
93
*92-V2
93
12%
*11%
12%
*11%
12%
17,
♦16
17
*16
183%
♦183/e
18%
183/e
183/e
l.foo
28
27%
275/e
27 5/e
27%
1,700
*92
93
93
94%
95
95%
*94
93
95
95
95
"
28
93 V
95
►933/4
17
18%
27%
*16
,
18%
277/e
,
-
?
17
*95
140
20
96
9
9
7%
9 Ve
7%
73/4
73/4
73/4
5%
5 Ve
5%
5Ve
5 Ve
5 Vs.
5 Ve
5 %
5%,;
7
►18
19%
♦I8V2
19
34 Ve
33
335/e
33%
34
34%
343/4
31 S/8
32
32
32
32
*315/3
32 Ve
100
28 y4
28% >
27 Ve
273/4
*27%
28
*27%
28
"»o
61/4
6 V4
*5%
6
6%
*19%
19%
19%
19%
19 Ve
19 Ve
*21
21%
197/e
21
20%
203/4
38 :
36
36
36%
36%
21%
21
& Light Co—13.50
2,200
103/4
*92
*11%
333/e
31%
Western
llVa
jcl0%
20
No par
1,600
8%
5%"
*18 >
1,900
20%
12
18
:
58,500
>
;
140
20 Vt
21%
>: ■
19%
.
11
95
1
*132%
19
95
►16
A
8%
»
'
8%9
.
10%
18%
28
common.
Delaware Power
May 10
*16
18%
preferred
Delaware
9 Ve
►11%
'
28
Delaware & Hudson
7
14% Feb >
32% Mar
7%
21
July
13
7% Feb
12
1
Inc
,.83/4
►92%
94
7
Deep Rock Oil Corp
24
.
Records
11%'
113/4
*11%
20
Corp (The)
Dayton Pwr & Light common
12
Jan
1 Jun
u.
i <
preferred
conv
Davison .Chemical
7
>
21%
*92
50c
15 -
140
21%
-
50c
42
8% Sep
u27
Dec
*132%
•A
.100
13%
.
CLOSED
EXCHANGE
1
pfd series A
15%
/
19
•
Davega Stores Corp common—2.50
26 y4 Jan
94
84
Corp common
3%%
i
'
STOCK
100
No par
*16% Mar
28% July
31% Aug
82% not
'
pfd
94..
Dec
Feb,
24% Feb
r.18%
:v
1
Inc
Dana
15% Mar 18
13
9
Oct
>13% Dec
A
Cushman's Sons
7
-
common
Cutler-Hammer
21
Jan
26
Mar 14
20% July
*31% May
'
Curtiss-Wright
19
6
6
19
19 %
19
2,600
-
1,200
19%
300
35 Ve
343/4
6,100
32 Ve
*32
f'273/4
700
273/4
6V4
6 3/8
*18%
6%
187/e
19
20%
21%
20%
*363/4
37%
21 Vt
21%
e
v 600
5,
1,200
19
;•
1.
-
900
Denver & Rio Grande West RR
,iu
8%
58
34% Jun
July
14,
Jan
3
22% Apr 20
50
Jun
7
58
for
ctfs
for
pfd
20
Detroit Hillsdale &SWRR Co__100
10
9% Jan
7
Detroit-Michigan Stove Co
2
Detroit
13
Mar 29
i-19% Deo
fv
30% Mar
28%
Jun
16% Jun
13
22
Jan
26
; Jun
32% Jun
22
40
Jan
7
Devoe & Raynolds class A
Diamond Match common
■j
40% July
19% May
45% Feb
1
v<9% Jun
*19% May
12% Jun
46
Feb
38
Dec>
11
39% July
-
IS
Mar
1
14
6%
S Wf **>nrg
18% Dec
>
•
Since Jan. 1
Leweet
# ptr thare
20% OOt
Doehler-Jarvis
>"•26%
' 26%
12% Jan
3
7
17% Apr 20
63% Mar 31
Dome Mines Ltd
48% Feb
Feb
12
>-
Dec
Feb
67% Apr
50% Oct
106% Jun
'.
106%
50 y4 Jan
Dow
43
98
Oct
20
12y4 Dec >
-
,
>
80
*
.May
18
••
12
July
May
8% Jun
8
8
Jan
18
Apr
26
Jan
105
24
Jan
11
21
.
1
.,19 f
13
Jan
No par
conv
;
No par
99% Jun
111% Aug
10% Deo
18
116
12% Dec
38% Feb
267
14
175
82
-
Mar
10% Dec
92
Deo
5% Jan
r
.'100
i
t
.
88% Not
11
-
Feb
32% Feb
1% Not
13% Feb
\
48% Dec
12% Deo
19% Not
*58
16%
13
'
12% Feb
9% Mar
12% Jan
29y4 Dec
97
,
Feb
4% Jan
1 % Jun
19"% Jan
17% Jun
:
>68%
Apr
Dec
9
Jan
9% Dec
7% Mar
34%
3%
Dec
Dec
•
20% May
11% Jan
49% May
7% Max
>
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67/e
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15
:
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15
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600
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7
;
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13
48
Jun
42% Jan
13
Apr
.
5'
May
7
14
47
Jun
13
14
5%%
Feb
28
5%
El
4 May 16
13% Jan "7
14% Jan
17
16% Mar 31'
6*
4% Jun
17% May 26"
33% Mar 25
13l
104
6
9% Jun
48% Jun*
6% Jun
13
6% Jun
28
3
Jan
Jun
4
15
X
16,700
1
106
J2Z0
5
I
;
Jan
Jan
t
68
Jan
a
4% Jan
-
10V8Jan
*7
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44
May 19
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6-
No par
18
BIGCK
:
.
Evans
Products
175%
:
1
EXCHANGE
>
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•
93/4
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106
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97
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100
10%
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V
48% "483/4.'
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18
18 '
4
10
11 >>;■
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37%
10
a,
>
t
50
200
60
1-4%
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Co
Eversharp Inc
Ex-Cell-O Corp
;
Exchange Buffec Corp.
200
10,300
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7,300
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2,900
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40
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10
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Erie & Pittsburgh RR: Co
Eureka Williams Corp.
-
106
*104%
85% ^
/
122
41'% ,.1
_BO
preferred
1
Equitable Office Bldg_
6 >
106
24%
46%'
16%
445% v
%
24%
.46%
>
-
583/4
59
■>;>
*10% ..11%
;
10%
16% i:
<58%
'44%;':
>> '
,
Endlcott Johnson Corp common—28
31
A
25
fer
Shares
•
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7.
10%
v
>
47%
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9Ve >
1
new
Empire District Electric
13
>•>15%
16 Ve
9% V
40 Va
__50
Gas
25%
5
•
58Vt,
>101 >. 101%
> 83/4
100
preferred
Natural
10 Va
25%
-
11%
,
*46%
Sale*
the Week
t per thare
sharft V
;
*24%
/ 47%
44%;,
18%
122
''
preference
Paso
'•
*8 5/e;
.
100
common
14% Jan 21:
Erie RR common
61 % Jan 24 ■•.'»
5ft preferred series A—
'
59% May 10
3% Feb 25
36
16
Emerson Electric Mfg Co—
Emerson Radio & Phonograph
'
12% Jun
conv
*46%
♦10%
253/4
.,.*82
17%;
17 •' > '
14 Ve
',
—
*4%% preferred—.
Ekco Products Co common.
6:
253/e >
>
per
>>10%
11%
10 Vt
85 »/a
*16%
,
Manufacturing Co
Elgin National Watch Co—
Elliott Co common—
29
8% Jun
Jan
\
share,
per
'
Convertible preferred
No par
Elec & Mus Ind Amer shares.
10 ''
l
JunMO
l
;
*24%
'
19
*95/e
Electric Power & Light com—No par
r51
15'
121
1
Electric Storage Battery
Jan
;
;,
-
*10%
•99%- -99%" ; .v -99V2" 99%"
•113 113%" *>*"112%/113'
10
4%% preferred
J
Elastic Stop Nut Co
Electric Auto-Lite (The)..
Electric Boat common
2
l
Jan
preferred
•*-,
-
Friday
>; Julyl
Thursday
Wednesday
June 20
J
47 Va
V2
*104%
102%
17
.
Jl
L
Co—
Edison Bros Stores Inc
13% Mar 24
J$l% Jan
7
24
Sep
7
147/e
58
>•45%;
26% May 16
16
4
*10
10
-y
*67/e
15%
145/e
44%
>>,■ ■> 9%—9%
par
51
2
100% Jan
9% Feb
60% Feb
"
14
6%
Eaton
15% Apr 14 ,
35% May 13
2% Jan 12:
3
10%' Jun
7
7% Apr
34% Jun : 7
Jun
'6% Nov
16% July
65% July
59.
;■
,v
13
x29 y4 Jun
;
:
4
Jan
104 a
10
-
>
7
25%
X16
•
"T
Airlines Inc
i.
Eastern Corp common
Eastern Stainless Steel Corp_,
Eastman Kodak Co common
JMay 27'
32% Jan
7
18
Jan 10
90y2Jun
32% Mar 18
Oct
:
,
12
ino
Eastern
180
>
43
20% July
>16% Dec
»16% Aug
.
5
7-
13
101
■'
Bagle-Plcher
;
7'
47% Mar 29
14
23% July
34
;
13
6. Jun 4 1
33% Apr 29
12% Feb 25
Jun
10
13% Jan
96
Jun
49
;
->•
Jun
74% Jun
*
Jan
12
13% Jan
14
.
27
20% Mar 30
10% Mar 29
15"
;Jan.
10 y4 Feb'
24
;
,12y4 Jan
Jun 14
14 y. Apr
Jan
v
115% Jan
Jun ,14
13;
88
> 60% Jan
:/
17
Jan
27% Jun
Dec
10
*9%
>7
103/4 vy;
> 253/4
44% >
105 i V
*82
-.100
20
21% Jun
Jan
2% May
41% Deo
Duquesne Light 5% 1st pfd
DWG Cigar Corp
Jun
164,
..
102%
19
No par
;7%,Jun
37% Jun
*
series—
38% Jun
16% oet
*
series
$3.50
Jan
-8%
•56
:
$4.50
Preferred
8% Jun
Jun
83% Dec
19% May
92% Jun
<i-
,
Preferred
101
15%
v
>~ 22% Jan
S 46% May
Deo
122% May 18
3
9% Jun
19% not
Sep
S0V4 Dec
20% May
•
>>>. 400
10%:
58%
rl05
*
46
16%
16%
"*58
:>44%
47% May 26
28
112
jun
>25% May
Oct
Dec
14
Feb
119
.
15% Jan
Dee
18%
18
10%
pi 25%
•
1
2
97% Jan
124% jun
Feb
400
& Co corn-
43 % Jun
94
103A
-253/4
100
—No par
t
(E I)
:10%
7
International.—:
Duplan Corp
*10%
V
II
common
preferred—
Du Pont de Nem
■
113% Jan
393/4
June 28
>
"B»24%
1 '
«
No par
,
Co
84 preferred series A
3%%
Dunhlll
5
;
Chemical
-
May 16
13,
I
$3.25 2nd preferred
No par
Dresser Industries common...
50c
24% May. 4
86% Jan 21
»
pa*
Corp
Douglas Aircraft
21
108% Jan
Apr 27
11% Mar
Jan.
>
53.
..
July
>
iJun
30
14
Apr 29
101% Apr 22
101
Apr 29
18
Jun .20
31% Jun
Jas
39 V2
> p.per thare
33
25
90
393/4
Tuesday v
/
t per thare
1
Jun
83
>.,.
€ per thare
10%
40
*18% not '
/'>-^>:>>>
June 27
.10%
10
•
>/>
Monday
June 25
I
Jan
Feb
393/4
■
LOW AND HIGH SALE PRICES
Saturday
EXCHANGE '
No
23
97
39%
.
145/e
Dr. Pepper Co
Dec
i
*39
/
'10
■
14V*
14% Mar 29
10
19
600
1,400
14%
*46% ' 47%
17
45% Jun. 13
,
200
> 34%
14%
;>
Apr
not
900
>!•-•
34%
2
No par
58
11% not
*17%"' 173/4
*17
,
34%
7%
:
Deo
82% Feb
173/4
6,700
">;
♦llVty 12
34%
7 Ve
>;>
/. 46%
47
11%
34 y2
:/:/id;>>io>;:'>
1
24J/4 Feb
:.
15%
11%
-17%
7%
No par
Jun
Feb
47/a>
y 4%
15 Vt;. 153/e
•
•
•15%
*34
►7 va
Dlvco Corp
Dixie Cup Co common
Class A
41
29
>'5->:A
4,900
u
V
17%
toe
Corp.
NEW YORK STOCK
'
f per thare
9% Feb 24
not
<:>■■
>
Hlgbeet
t,25
*
10%
*39
STOCKS
-
V;. Ranfe
:
Hlgbeet
9 per there
Car Co.
393/4
600
53
34
33%
*39
a
17%
37
36%
21% I 21%;;
*48
53
4%
12
15%
i
1,800
17 V4
17 V.
34%
*11%
>
213/4
-
Year 1948
Leweet
Stores
17%
*48
'
-■:5.y
43/4
*15
12
*11%
•
53
,
153/4
>15%
34
*48
6%
•
21
21
53
*10
Distill Corp-Seagrams Ltd
Diamond T Motor
16
,
=
211/4
5Yt
6%,
>,
.
p.-Z:
/"
No par
26
Diana
6
6Ve
*15%
..
v
♦48
,4 ..llMj .11%
12.6t
preferred
12% Apr
5
7% Mar 12
13
*
>
»
15% Jan
ey4 Jun 13
Range fer Preview
>
Corp
partic
£:>',/*48,%> 53 :
1
De; Vilbiss Co
Steel
21%
.
1
J5'> Jun 14
HVa Jun 20
Dec
.
;'../' :./, 37
>-.100
Detroit Edison
Jan
16% Jan
22% Mar
? r
!?,11
>>
100
com
24% Mar
4% Jun 29
>
ctfs
Escrow
50% Jan 24
20\
13% May
26% Oct
Dec
Escrow
7
■
1,100
7%
43%
33/4
2,700
2,900
,
'
1,300
wimi;
Number 4817
Volume 170
THE
COMMERCIAL
YORK
N EW
"V*
Butthrhvrku
'"v-v
>
.
♦;
#
54%
Apr
:
Not <
11% Jun
i.'ilS;
Oct'
43
V Jun
No?
20
>5
11
Feb
-16
5
19
Deo
20*4 Feb
41%.Jan, 7
25y4'May 3
32%-May 19
8
Jun;
>-,14% JUn
24% Feb
Brewing Corp—
FA- B Liquidating Corpi
9
53% Peb
•
Dec
13
14
17% Jan:
64
'69% OCt
53
>
Jun
1
jun
105
49% Mar
14% Feb
59 V*
July
53
•
28% Not
'
X104
'Dee
•'
113
Dec
7
12
Jan
:
15
'
9% Mar
»27
Dec
:
92%
24%
v
22
•I
Feb
>{ 17% Mar
68%
6%
6%
Dec
16%
Dec
84
11% Jan
19
6
> 70
Aug
;
'<
20
12
Aug
Dec
/
7
Jan
Dec
38%
12%
26
48%. Aug
17% July
Feb
Jun
22
78% Feb
4% June 15
7% Aor
4
4"%
jun
14
6% Jun.
,34
1
25
17
Dec
Dec
16%
Dec
11%
9% May
1
45
Feb
42
•*
100%
Jan
i
8%
Feb
-
Apr
9% Mar
9
15
.72% Sep
28 y» Nov
.«•
r/82
18
34
6
'-Jun
163% Jan
20Apr
129
139% Apr
2
34
41
-
Jun
96-'
<
Jun
28
jun 17.
40
Jun\2S
39%
Jan\j
93% Jan
Jan
44-
.
€
;
May 17 '
13y« Jan
Oct
44% Jun
15
52% Jan
13
128% Jun
123% Jan
4
s
108
-
Jun
97
Apr
128% Jun107% Jan
4
"
Lowest
t .per share
50% Mar
<
119
Oct
93%
125%
*
Feb
2%
110%
f
Dec
18%
Feb
25
26.
14
16 y4 Mar
2'/4 Jun
28
6%
6%
45%
126%
126%
*126
:
104
*100
'■ 104
Sep
,22%
128%
Feb
Feb
22%
Dec
21%
98%
Dec
Apr
18%
Dec
76
Dec
72%
,
Jan
3
14
120
Jan
123
4% Feb
10
22
24
xl02
16
Jun
1
Jan
122
5
21% Jan
68% Jun- 30
5%
53/8
51/8
21 ¥4
253/4
*201/2
73
4V»%
Time
Corp
preferred
12% Feb
7
33% Jan
7
1031/4
103
103
103
23%
23%
18%
18%
18%
♦633/4
Gillette Safety Razor com—No par
71
*67
3%%
71
Feb
87
Dec
17
V
39% May
96% Jun
Dec
25
75
£ 24
g
79*/# Jun.
May
91.
14
Jan
17%
1
12 y4 Jun
85% Jun
Dec
\
Jun
5%
„
*68%
71
*67
Jan
74% Feb
23
17
Jan
76.
21'A Jun
13
$5 conv
5
31
Nov
2b
May
17% Jun
17
Feb
3
53% Mar 25
Mar
55% July
6% Oct
48% Jan
4
5% Jan
3
84.50
26% May 13
7
21% Jan
;48%
8% May 16
fa %
t
113
Dec
47 Yt Mar
94% Mar
38% Mar
15
:
;;
x95%Jun
13
14% Jun
23%
Dec
2%
5%
Jau
17% Jan
29
Feb
12
71
Goodrich Co
3
16% Mar
5
Gotham Hosiery
3% Jan
7
;>'
98% Jun
20
Jun
10
10
Jun
iy« May 12
5% Feb
19
104% Feb
;
■-V
Oct
16% Jan
4
20% Jun
29
Oct
16% Jun
14
28 % Jan
7
89
Nov
25
93 yt Apr
Jun
99
5
11
20% Mar
May
31
■e't-
-
.
Grand
>
26
97
Jan
25
14
16% Apr
9
7%
29
>
14% Sep
Mar
32
July
40
Jun
Jan ;
6
36.
100%
37
373/8
*99 ¥•
Dec
15% May
11% Jun
13
,36% Feb
50% May
> 23% Jun
145% Jun
77
Jan
33.y« Jun
13<
,
16
.
Dec
132
Feb
60
Apr
•
12¥4
l'/4
1%
20
19 ¥4
18%
95
95
*94
13%
Xl2%
10
Feb
Dec
16% Nov
5% Mar
85
Feb
12% Nov
...
44
Feb*
57%
Feb
14
Jan
66
-
3-
Apr 27
Jun
3
.
12 %
12 ¥4
'
35%
36
18% Jan
10
144% Mar
66
Jun
3
33% Mar 19
38% Jan
14% Mar 29
9
4
11% Apr
4
98% July
20% Apr
Jun
97
10% Jan
15y8 Jun>' 15
July
20%
5
92.
4L
58% Jun
81
Jun
18% July
For footnotes
see
-
24
4
13
Jun:14
56% Jun
15% Jan
page 24
Feb
Jan-
9% Jun
Jun
13
3
3
preferred:.--
—
Green Bay ft Western RR
Green (H L) Co Inc
Greenfield Tap A Die Corp
Greyhound. Corp (The)
93,% Jan
;
7%
3
14
1
6
7% May 17
97
Jun
14:'
Jan-
Apr 16
*^8
56%
74%-
68
-
•
100 %
100%
37%
99%
99%
*12
12%
*12
20%
20%
1
t
24%
*24'/4
24%
24%
95
95
95
12%
34%
*11%
12%
*12
35%
16%
134'/a
12%
*33
96
5
*32%
12
16%
135
68
36
37
37
36
36%
123/4
*12
12%
*12
12%
16%<
134
*64.
36%
No par
25
Gulf States Utilities Co——No par
11%
111/4
J
1
v
M
11%
11%
11%
98
ft
11 y.
♦12.
98
97%
97%
97%
98
15%
15%
16
15%
J
*15%
*6%
16
6%
1
(
*94
10%
96
101/4
•94
•42
42%
42
vH
\
.
'
58%
59*/4
17%
18
6%
9%
58%
17%l
ey#
6
6y#
96
*93
96
10
*10
1014
24%
42
42
591/a
58 y4
18
17%
58%
17%
400
16%
2,800
17
2,100
134
134
68
*64
80
68
37
37%
•12
37'/4
12'/2.
11%
93%
93%
16
16
16%
5%
ey#
*94
96
ioy4
101/4
43
2,555,
12%
98%
•41%
30
J-
12y#
134
•
42
1,300
1,700
347/8
*97.i/2
9%
1-500
600
13
34%'
11 Va
6
'
96
11%
*94
.
V
lb%
■
Hi/4
16
100
12%
34%
*64
200
t
^3 4 ¥4
16'/#-
12-
34%
68
♦12
..v
12%
*64
13
13
341/2
34%
12%
20¥8
19%
24%
*94
16%
•'
20%
193/8
24%«'
95'
134
4,200
900
♦18%
*18%
.
300
3(%
100
81000
19%
20 y#
19
3,000
l¥a
20%
61/4
20
.'2.800
-
6%
4
.
•
1%
6'/4
1%
6%
•<-
6%
l'/4
'61/4
1%
6%
120
'
100%
38
121/2
2,900
.
56%
*98%
a 1/4
1%
34%
102
>14% ?14%
371/2
300
*
8%
f-
*98
IOOI/2
*34
36
8
•
8
300
600
1,300
48 ¥4
48%
••
48%
102 >
.^.86%
100
3,000
18
17%
-
55%
♦12%
134%
23%
2'
18
14%
12%
16%
17
135%
°!
200
74%
141/8
v
3,300
•
13%
37%
*12
V
7%
26¥a
100%
100
100
♦47%
30
2,500
8'
13%
"-1
(5 conv preferred—!———No par
7
*64
1
Gulf Mobile A Ohio RR com_No par
71% Jan
17
•134%
No par
100
:
r.
/
.
—
Grumman Aircraft Corp.———— 1
Guantanamo Sugar common
—1
85 preferred—.
Gulf OH Corp.
:V.'
100
7
8
20
preferred—
'-V
100
3
Common
231/2
18
500
1.800'
6%
26 y8
55%
V
36%
■>
'
J
10
Jan
50
-
561/2
*100
371/4
"
6
74%
14%
341/4
•.
No par
'
1
56% t
■
35%
35%
Gt Northern By 6% pfd
No par
Great Western- Sugar com—JSfo par
11% Jun 22
x'::.;
13% May
Jun
25% July
*34
1
7
Jun
98
12%
'V-.
•.
43% Jan
$2.25 conv pfd
24%
243/4
Gt Northern Iron Ore Prop—No par
17 % May
40%
29% Feb
13% Dec
90%
16% Jan
134
V
1
*
243/4
13
'
6'A
6'/4
20 ¥4
11
-
1%
6
♦22 >/4
99%
14 V#
14% i
12%
*12
6'/4
com
;
100%
19 Ys
Jab
•
56%
♦100
20 %
Apr
-13
.
<£t 36%
*99%
100
12%
,
100
Gray son-Robinson Stores
*
*12
56%
:.*ioo
'
9% Mar
14%
>
131/4
7%
99%
99%
*97
'
71
*65
V
74%
49
*47%
8
15
71
26%
18
49
1,300
102
*100
t
22%
17'/#
—10
(W T) Co common
3%% preferred
<
22%
No par
5
Grant
May 31
a.
No par
No par
No par
—1
5
City Steel
>
17%
99%
a
102
12%
75
49
56%
*
.
No par
Union Co (The)
Granite
75
8%
"
18%
18%
26
13
22%
7%
18%
80
24 y8
84
17%
145/a
■W
2
49%
*97
10
No par
com
Graham-Paige Motors.
Granby Con sol M 8 A P
8% Apr 23
18
35
Nov
(B F)
■
*5%
-261/4
*80
*12%
8
173/4
CLOSED
23%
17
x25%
*49
EXCHANGE
No par
—50
1
-100
•
17
45% Jan 26
Feb
23
.
(The) com
preferred
(5 preferred
L
Goodyear Tire A Rub com
$5 preferred
;
103
14
15% Aug
18
Co
conv
Goebel Brewing Co
Gold A Stock Telegraph Co
Goodall-Sanford Inc
24
70
*65
5%
18
300
103
17
22%
23%
233/s,
300
25 y2
•25
•102%
69%
5%
76
*74%
76
*75
STOCK
21%
♦21%
103
63%
12%
12%
133/8
3,500
17%
84
*81
84
*81
13
No par
2.50
Mar 24
64
24
Jun
52'% Jun
preferred
4%%
*
5
Gleaner Harvester Corp
Glldden
.'
No par
common
Feb
14
Jun
34
5% Jan
8% Apr
Dec
116.
100
50% Oct
105% Oct
96% Mar
.
Nov
24% May
64% Oct
103% Aug
122
Mar
14%
preference
Glmbel Brothers
26%
700
3%
5%
68%
27%
5'/2
6
♦100
9,400
13
16'A
122
17
5%
■
500
17%
♦68%
71
•600
2%
71
71
17%
17%
*67
-
27%
27%
'
102
♦100
102
100
"23%
12*/a
12 ¥4
251/2
18%
17 '/a
1,000
2%
15%
-
21 y#
23%
*100
600
600
-
12*/g
*23
'•
v
51/4
21
*25
18 »/2
.
15
14¥«
*118%
21
23'/4
17 ¥2
a
16 »/4
25
18%
102
99*/B
12%
25
1031/4
22,800
^
125¥»
122
21
23%
•17%
•
2'/a
21
"
27%
51/4
5%
5%
15%
231/2
13
Shares
56¥4
*
•5'^9%
25
•23»/2
*100
'
preferred
4%%
3
161/4
♦1181/2
23%
•
15
Mar
122
*18%
5
14
9
12%'
15%
15%
*125
the Weak
•-
share
56
125%
r
Salsa far
Friday
t per
'
12%.
12%
*118%
51/4
2»/2
2%
♦21/4
122
25
103
103
No par
100
com
100
preferred
100
Georgia-Pac Plywood A Lumb Co.l
Jun
5% Jun
*25
•13-
16%
*118%
122
*23
12%
121/2
*16
*20%
1
Gen Tiro A Rubber Co com
77% Apr 11
70
SO
May
82% May
16
No par
Refractories.
General Shoo Corp
4
4
12%
♦113%
4
30% May
13
125/8
*-
•
•22% ' 23%
21/4
2%
2%
16
,
*2 ¥4
No par
100
10c
General
26% Apr
22% Apr
102% Jan
15'/2 Jun
*
5
Corp
4
3
99% Apr
-'
Gen Steel Castings $6 pfd—No par
General Telephone Corp20
23
Dec
Utilities
....
10c
-
.
12% ".12%
700
330
126
104
July 1
l'O0
*14%
•12'i/i " 13
23'/4.
*221/2
General
11
Jan 27
Jun
Public
13
2,
56 'A
99%
1,400
2,100
6%
,
share
*1241/2
100
14% * 14%
*99%
•
14%
14%
14%
23'
13
100
preferred
Gen Realty A Utilities
18% Jun
30
,
Gen
14 «/a
23
No par
No par
55%
125%
1251/4
124%
*99%
99%
Co_—1
Cement
Gen Precision Equip Corp
Gen Public Service
Z
8%
22% Jan
102%
Portland
124%
125
99%
No par
Gen Railway Signal com
29% May
;
General
8
Jan
28,
124 y2
55%
55
55%
54%
share
t per
1
97%
June 30
June 29
g per
5,400
45%
125
*100
1263/4
so
24,000
.
*96 ¥»
/
Thursday
'
June 28
8 per share
55%
55%
No par
(3.75 series
Gen Outdoor Advertising
-V
t per share
(per share
Par
Tuesday
June 27
10
Preferred
5% May
24% Jan
Mar 14
%■*
(5 preferred
May 18
LOW AND HIGH | ALE PRICES
Wednesday
Monday
Jane 25
'
*100
105
♦100
105
Saturday
STOCK
*
General Motors Corp com
20 V« Jan
May 19
20% Jun
6% May
30% Jun
31% Jan
132% Oct
,
24% Nov
110%
ll'/sJan
15>/4 Jun
May
YORK
EXCHANGE
■
♦100
100
;
'
126
126
126%
126
.
43
5
6%
.45%
97
96%
a
•
35%
42%
45%
97%
♦96%
134
.
35
6%
3%fc conv preferred—:
3% Jan/ 7
14% May.
13
•132
,
43
45%
16j/4 Apr 28
17
-
42i/#
,
341/2
42%
*61/4
100% Jun 1 3
6
12% Jun
'
29
4% Mar
V
Jan
34%
*45%
17
22;% jun
Dec
120
x97.
-900
61/2
2
125% Jan
5
500
17*/#
46%
97i/#
'80
'
•ny»
*45»/4
46
1,400
4
70
17%
45 y2
NEW
Nov
i> 26
*
Feb
12ayBJan.
_
42%
; ;
28 y2
; 132
35
'
J
7¥#
26,1/2
42 y#
.34
34%
42%
132
133
*130
130
9%
7 y#
2,100
•
•
.
26%
6'/4
:
62% Feb
17%
34
43
156
:' * 67 y#
100
.
10%
V
*9y4
£
i":
*96%
tper share
14
17%
70
6%
13
18% May
'
4% May
15% Jun
v
Feb
12% NOT
Jun
99'/# Jbn
17% Jun
-
12% Mar
'16%
51 */e Jun
-NOV
66
26
171/2
130
42%
♦17V4
26
17
.
35
341/2
♦26
25
17%
67%
671/4
971/#
1
f per share
%
*67 Va
67%
26%
1130
129
;
7%
General Mills common———No par
6% preferred
:
100
'
7
Highest
-
671/4
27
10
71/8
6%
Range Since Jan. 1J
Highest '
t per share
,
67 Vi
7%
7
71/4'
'"
/
101
♦99
■
6%
17%
147/#
44
9%
...
900
1,000
3,500
1,700
1,000
16%
•152%
*91/4.
10
•91/#
10
*9¥4
,
400
^
23
106
10y»
156
♦152%
700
_
4
.
14'/#
1001/4
101/4
10 y#
156
'
43%
.43%
100 y4
100%
10
*152
156
*132
7%
*26
*98%
43 y2
600
'
*105%
106
♦1051/2
43%
10%
67'/»
50
*431/4
100%
4
•96%
STOCKS
Year 1948
Lowest
433/4
400
-
11 ¥#
16%
14%
14%
14%
106
500
•
15
;
220
1,400
,:
16%
♦21%
'
■»:;
.
,100
2,600
7 ¥4
15
16
•
v-
35y4
35
4
23
16
1
Baage for Freviooa
;
14%
10 Va
.
3%
♦21%
16%
*16
♦105%
7>/4
V-
4
16 Vi
*98%
10
111/4
3,200
5%
•15V4
,l 11%
161/2
Hi/4
23
4
143/4
*43
*151/4
400
;
15
7¥s
•
>
No par
No par
11
53
2nd preferred
conv
r
15
ll'A
*21%
"
14%
10 y#
156
•
4
23
15%
100%"'
*9 ¥4
5
11 y#
*141/4
;
7%
351/2
900
:
5
*4%
5
7%
v.
1,700
72%
♦14%
14%
14%
16
15%
*10%
'
J
400
>
15%
.
72%
c-
•
^
'• t /'
'
17y#
5
"
15
*14y»
15%
;
*34%
8
15%
i-
4,200
'■
8¥i
47
47
17
34%
*71/2
15
5
5
15%
15%
105% 105 s/8
43%
•152
No par
,
34%
4
14 ¥4
43%
5
♦21%
,106
*98%
General. Foods Corp com
(3.60 preferred
:
General Instrument Corp
97% Apr 14
x6% Jun. 14
•
Feb
4 %
5
4%
4%
7 ¥4
11%
;
r
16 ¥#
16 ¥4
14 ¥4
.
General Cigar Co Inc com—No par
7% preferred
100
General Electric Co
:_No par
6
13 Vi Dec
Feb
,
7
Jan-
I
No par
-100
*4%
72
•
34%
15*/8
4%
23
*217/8
.
;V." 10%
General Cable Corp. com
4% 1st preferred—,
1
Jan
May
Jun
79% Jan 20
11%
*4
;
5
18 preferred-.
74
14 ¥4
*14%
15 ¥3
15%
—No par
common—
General Bronse Corp
7
43
Jun
Baking Co
74
*72 y2
7%
14%
*11 ys
50
1.66%
$4.25- pfd series A__
19
101 Jan
13
'.
1
com-
17
160
■*..'<
9¥#
*9%
8%
15 y#
17 ; ■
-
36
14 ¥4
2
Inc
is y#
17
3 4 ¥4
'
No par
;
15%
■
17
5%
14 ¥4
7%r
7 ¥»
♦35
No par
Co__
*15
50
.
23
*22
,■
461/2
5
5
15%
*15
,
!
5
—50
(The)-.
cofav preferred
General
11% Mar 31
.
—20
:
com
461%
72
*4¥#
5
25 Va
8y#
^8%
171/8
":
893A
24%
-
8%
■'
3,100
5,300
V1.'
89%'
»
9y#
^y#
46»/4
17 ,;"-
5
9%
*8%
14%
5
23
*22 7
23
>
85
♦83
-
*45%
8%
16%
*4%
85
?
46
14%
; ■
l
com
24 V*
25%
♦83
*
11% - v
v..
r,23% •24
89%
*9y.
3,700
Vli%
24%
*8%
72
11%
89%
*22 f:
I01/4
24 i/a
25 y#
*45%
~
-
11%
89%
9%
300
13¥#
-i-
23%
24
23
1,800
15
£,*13:'
10
83
*
'200
21%
!
15
-
10
100
10 i/s
10 i
10%
89%
17%
72
12%
89%
9%
8%
72
2,400
•98
;*2iy#
20%
20%
: i4*/» .14%"
*13 -t
13%
11%
'15%
L
CLOSED
_100
243/#
24
23% :
100
100
83
*22
,
46
45%
700
23%
23%
'
9%
8 y8
11¥»
23%
*14 Va
'
STOCK
EXCHANGE '
1
84.50 preferred
-100
General Amer Transportation——5
Jan 11
31
•
Feb
97
15
24
-
-
23
9 %
11%
83
'
83
200
400
11%
'•
11%
1,500
*111/3
23 Va
14*/#
14%;
23
•89
24 /
23%
■•-1.
1
——
'
83
89%
•22
No par
i
1,300
103%
62
*11%
11%
,
-
62
21
10
22%
:
*89
-
10
.25
—
11%
23%
♦82
-.100
common-
10%
11%
64%
44
64%
43%
62 y#
23%
*12 Va
..
10
10
■
23
13
800
62 y»
100
*20%t
14%
14%
£;~X?r£
140
400
13
11%
23 y#
20%
*20 '«
•
13%
10 v#
::
"j
General American Investors com—1
10% Jan 24
17
Nov
118%
106
,—
Gaylord Container Corp
8
Jan
Mar
40%
46% Jan1
44% July
"<
Mar
'
9
Jun
9% Feb
July
>
15
144
NOT
87%
17
14
157
7
Jun' 17
24
-
.
31% Mar~
V
Jun
9% Jun
4Vifo
15% May 17
107
65% Apr 25 ;
24% Jun 14
Dec
K125
100
14%, Map
Nov
v
23% Jan1
3
Feb
__io
v
;5;10O
99%
62%
*99
100
*99
,
700
15
*106 ¥«
105% 105%
'
15
15
•13%
100
Garrett Corp (The)
Gar Wood Industries
3
4
42
May
11% July
159% Deo
146
:
6% Feb
32% Feb'
25
21
preferred
conv
Gardner-Denver
Apr. 26'
13 % Apr 25
13
13% Jan
*20
(The)
Gamewell Co
Apr 18
14-
103% Jan
106>•
5%
19
'15% jun 14
53% May
.
26
3*/8 Jun
18 y* May
105% Jun
Dec
15
21% Jun
May
26% May
-
99% Mar
Jun
.15
No par
common—
preferred
Gamble-Skogmo Inc
41% Jam 12
Feb
13
100
i'
'
44
x44
106
11%
23%
23%
23%
23%
•93
44%
.
*62
11%
6%
10
15
12% Apr
*5%
27%
9% Jan
Jun
-
65
4.4.
•105
105%
11%'
»—;
Gair Co Inc (Robert)
65-
65y» '
65
44 %f '44%'
105%
1
.13
11%
preferred
Gabriel Co
.
7% Jan 10
17% Jan* 6
13
11 %
10
Froedtert Grain A Malting Co Inc.l
4%
13
62
1
Fruehauf Trailer Co
13%:
62 y#
Freeport Sulphur Co_
2
14% Jun 30
23% Jun
I 16% Nov
9
16% May 27
20% Jan 12
13%
62*/#
Machinery & Chera Corp ..10
6% prior preferred-
10% May 13-
98%
i 15 .'
UNO par
Francisco Sugar Co
Franklin Stores Corp.
48 Va May
15
*99%: 100 !
■
600
/
;4
;
28% <'29
f
>
29
4 «"
\
.
18
is
•62%
No bar
No par
*
-
100
33
.
15%
65 y#
X65
65%
45%
28%
1
3,500:
-uy#
33
4
-
500
3,600
J* 15%
15%
12%
12%
106
13%
14
'
300
¥4
^4
15%
bar
Steel Corp—
3
V<
♦65
•45
•105
4
,:
31 ¥4
<
15%
*15
13%
■
-
28*/#'
28 y»
*99% 100
28%'
100
28%
100
15
.
100
,
Carpet Co
3%% conv pfd
3% % -preferred
Fosters-Wheeler Corp
Jan 26
26% Mar 17
13;
Feb
16% Jun,
-10% May
10% May
Dec
9
v
Jun
.
Dec
4
8
1
1
^
4
•3%:
400
21%
21%
*30%
33
15%
15%
36%
36%
"
•
%
,
13*/#
•31 %
33
15 y»
'
••3%
"
12%
123
No
11% Jan 11
'
15
15
30%;
%
1411
"
*31 y#
33
15
3%
29'
14
14
13%
*31
100
100
5
„1
__10
;■
4
28%
C
100
Food Fair Stores Inc
25% Feb
7
26
x38
10 .May
-47% Oct
■':i 12% May
24% Jan
x
1
«i_;
Food
11
Feb
9
(The)
Follansbee
90% Jam 18
21% Jun 17
16% May
4%%
Florida PewerCarp____
7%
Florsbelm Shoe class A——_No par
8
95
38% May
:
:
♦3%
12
%
21%
30%
•
iar
thaWask
Share*
•
21%
30%
30%
%
■
15%
11% May 18
2
r:
%
14 V-
%
30%
*30
33
7
9 s
19 V4 Feb
25"% Jan
Dec
Mar
9% Dec
••
8% Aug
•>.35% Feb
V
10
78
May
89% JUn
Dec
-
;
14
22% Jan.
2Q% Apr. 29:
<
.
82% NOT
i
'
8% Feb 24 ;
12% May
47% Jun
105
Jun
<
Dec
79
1
»
24%Jan
'
'__1
Fhntkote Co (The) common
84- preferred-——
Korenoe Stove Co____
a
13% Mar
.
30
30
.
♦15%
Firth
•
<16% May 19
May 26
x9% Jun
Jan:
21%
—
4% % -preferred
May 13
28
35
21%
"
7
102:
18% May 25 !
13% Jan
,3-'
40 %
;
3
31% Jan:
7 *
98% Jan
35
21%
.1
First National Stores
17%'Jan
21%. Jun.
35%
•21%
Firestone Tire A Rubbercom
62 y» Jun 28
3
21% Jan
f
22% Dec
5
Jan
35%
21%
Sulsa
July 1
$ per share
36 ya:
*35%
35%
•21 Va
,Friday /
Jane 80
I per share
$ per share
I per share
•34%
♦31
107%Marl7-
11%,May 26*
May
•
68% Apr?' 6 *
50% Mar Sl:
1
May 16 4
36% Map
15% Jun
.
Dec
112%
20% Aug
42% Jun
,
Dee
96
v26
,
JunL.15:
'43%. July
107%
6
*
Thursday
.»
June 29 '
*
No par
preferred —•
Frtt1 A Tarrant Mfg Co
Perro Enamel1 Corp
'Fidelity Phwn Fixe Ins N. YL
20%Jan». 5*
12% JUn
103% Not
■■
3 :
14% Jun
26% Jun
.
share'.
—1
"
100% May
24% 'Sep:
i
17% Dec
; 42
95 ¥t Mar 23 »
Jun
99%
19% Dee
I per
Federal Motor- Trucki—.iJNo par
Federated Dept Stores comx.
_5
1
Feb
'90
.
*
Feddere-Quugan Corp'
2s
6%. Jan-10 •"
29i. Jun. 27
-
$ par share
,:
Wednesday
Tuesday
'
June 88
Federal'Mining A Smelting Co.
2
'Federal-Mogul Cbrp
_'_5
26
17%. Jan
*
..
Falstaff
•
38% Jan
3% Jun. 14
-31%. May
14% Jam >'8
<
6
17 J
LOW AND men »AI*
;
,
June 27
—2o
Fairbanks Morse A Co^
Fajardo Sugar- Co
-
1
7' 1
7%*Jan
9 I
11VI Mar
32
Par
'
Monday
June 25
t'
I per share
13
v
EXCHANGE
(17j. 17
CHRONICLE
RECORD
■
W)
STOCK
lOEk
STOCK
x
i"'
"< STOCK8 *' •'
•
v
Feb 28
.
% Jun.
20% Map'
12 y* Map
y
;
<*
NEW
Highest
-j 1
23% Feb 15 "
„
Mar
i
,34:. Jun
Jun
:
;<35V4 Feb
Baace Since Jan. 1
* per share
33% Oct
28% NOT
Not
*19%
.
Lowest
pck^hare
/
'37
t
>,
Highest
y, ■.
I per share
*
t)
.
Lswett
•
&- FINANCIAL
*41%
58%
58%
58%
17%
17%
^—17%
17,500
150
900
6
2,400
96
' 10y.
2,555
43
200
59%
9.600
17¥#
7,100
■'v.18
COMMERCIAL
THE
(18)
NEW
NEW
Range Since Jan. 1
Year 1048
I per share
FINANCIAL
STOCK
CHRONICLE
Lowest
Hlfheit
J- $ per share
Saturday
Par
Monday
June 25
S per share
t per share
HIGH SALE PRICES
LOW AND
STOCK
YORK
EXCHANGE
Highest
^
Monday, July 4, 1949
RECORD
STOCKS
Range for Previous
Lowest
YORK
&
June 27
t per share
Wednesday
Tuesday
tper share
$ per share
*
Thursday
June 30
June 29
June 28
,
S per share
t per share
Friday
July 1
Bales for
the Week
4
g per share
Shares
H
Feb
35%
22%
12%
Hackensack
Water
7
19% Jan
Halliburton
Oil
Jan
3
Hall
Printing Co
11% Jun
27
14% May 19
13
Mar 29
73'
31
Sep
16% May
Xl4% May
Dec
33% Mar 30
16% Jun
12
Oct
Nov
'12'% Dec
Jan
4
81
7
79
Mar
89
Jan
Jan
24
Jan
Feb
107
Jun
104% Apr
4
106% Feb
Feb
27%
Jun
18% Jun
20
23% Jan
13
146% July
20 Va Dec
150%
4%
2
21'%
1
8
Dec
79
Jan
6%
Feb
11%
6%
Feb
11%
4% Jan
x20x
61
Feb
4
19
Hart Schaffner &
14
Hat
6% Jun
28
Jun
5% Jun
67% Mar 21
5
Jun
6%
7
-3
preferred
8% Mar 14
9% Jan
■
Hayes Mfg Corp
7
Jan
19% Feb
22% Mar 14
Hazel-Atlas
Oct
27% July
20% Jan
13
23% Feb
Jan
91
Jun
84
Jan
17
92
Jun
42
Jan
30
Jan
3
36
Mar 30
103
May
98% Jan
14
Nov
23 % Jan
4
28% Mar 30
»
Oct
34% Jan
6
39
»
4
15
Apr
46% Jan
24%
35%
22% May
13% Jan
57%
40
Apr
128% Feb
Jun
100% Mar
\l>
122% Feb
122
14% Jun
14
14% Jun
14'
86%
,
79% Jan
3
8% May 20
Jun
14% Jan
13
27
21% Jan
7
Dec
16'
15
May
12% Jan
25% Jan
3
15
May
Feb
Jun
16
Dec
29% May
16% May
20
9%
8"% Jun
29
10% Jan
15%
Feb
30% Jun
16% Jun
17
22,% Jan 21
25:' Dec
29% Nov
30
f
v
Feb
35% Jun
Dec
103
24% Mar 10
ll%
Dec
29
29
Jun': 1
; »108
Apr
30
99
Apr
100
Jun
3>
13
Jan
May
3
22%
♦91%
93
13
30 ..I Feb
11
28% Jan
6
32% Jun 27-
94% Jun
-86% Jan
6
49
•
95% Mar 14
48% May 4
v
Oct
Mar
Jan
Oct
42% Jun
20
% Jun
17
Feb
38%
Jun
29% Feb
14
Dec
23
Jun
83
Jan
47
Jun
12% Jun
31% Jun
20%
3%
Sep'
8% Dec
8% Sep
34% Jan
50
12%
14% May
10%
Dec
19
9
8% Feb
5
May
14% Jun
Apr
26
28
14
Lowest
.
13%
*13
13%
100
*125
No par
—
1
'
•
STOCK
25
:v
42%
125%
*125
1253/s
3,800 V,
125%
*15%
16%
f,
15%
15%
15%
153/4
10
15%
.15%
.
v.
84
9
*83
/
8%
4 w/;
4;
20%
5
20%
#
12
20%
•
.
203/4
1,800 4
44
V
104
98
89%
x31%
Range Since Jan. 1
Lowest
$ per share
!■;
Apr
35% Jun
27% Mar
u
62%
V
v
90
35 ik
■v
103/4
*9%
9%
•41%
♦10%
4'::
%
6-:.'
8%
'
:
8%
4
■'
9»/2
■:4 373/2*
373),
373/4
10%
10%
9%
,97/a
9%
93/4 4:,
1%
1%
I3/*
1%
1%-,
10%
10%
lO'/a
*11
•100
300v
38 ;
,
113/a
10%
11 Va
24%
t
Sep
Jan
*
~9%
31% Jun
$
per
,
'
9%
700
V
,l%f
113/4
11%
73
95
37% July
Feb
July
20
Saturday
-
Monday
.
June 25
Par
15
Tuesday/; :.- ;4>
4 i
'
June 27
t per share
Thursday^
Wednesdays
•
June 28
t per share
6%
4
Leased lines
Jun
13
25% Jan
51% Jun
May
7
Jan
28
28% Jan 21
31% May 14
52% July 1
Jun
7% Jun
Jun
21% Jan
56
Jun
76%
Jun
55
Jun
Jun
155
Jan
Nov
30
160
34% Mar
47%
15%
*
4
Feb
Feb
Dec
23% May
86
Dec
6%
10% Jan
26
4
Jun
•
<
300
t' / Friday."
July 1 '44:
-
June 30
-June 29
Sper share
t per share
Shares
4
41% Jan
67
3
Apr 25
41% Jan
8
May 31
11% Jun
8
Jan
14
18% Jan
8% Feb
251/4
77
*94
93
>•24'%
*94
:>■
*72
98
75
;
|
*94
98
*94 f
98
10
21%
20'%
*20'%
21
20%
20'%
*203/4
28%
283/4
283/4
283/4
28%
233/4
28%
233/4
29
51%
51'%
51'%
8'/4
51%
51%
52
52
52'/4
52'%
*8'%
8'/4
24'%
x23%
233/4
*53/4
63%
38'%
38'%
39%
39%
39%
393%
39%
60
591%
59'%
60'%
60'%
60
60
*156
160
201%
39
60
_.100
*156
160
:
*58%
3/4
8'/4
83/4
24
243/4
*5% > 6'% ;
No par
33i%
Inspiration Consol Copper——20
Insuranshares Ctfs Inc
-
*72
21'A
59
_
6,000
77
283/4
38i%
—
24%
*72
95
>
*51'%
No par
preferred
2,1001;
24'%
24 5%
32'%
77
95
*53/4
38
common
12 3/8/
*8'A
6'% '
-
33'%
12
/.;■
8'%'
*156
33%
./
8%
12
6
33
12
r
12
v
83/a
*8'% V
V
8%
"
8
233/4
160
33
160
*156
343/4
vZl2kV
—1
103
12% Apr
86% Jan
Jan
1%
Dec
11%
Feb
125%
Feb
26%
Dec
x34%
Jun
Oct
174%
Jun
■r.
160
3% May
16% May
156
1
Jun
30
15% Jan 26
Interchemical
11
93% Apr 20
4%% preferred
ioo
Intercontinental Rubber.—No par
8
Xl45% Jan
22% Jun
164%
Jan
5
t'
<
1
9Vt
Jun
38 V2
Jun
71
93
Jun
73% Jan
3% Feb
25% Jun
26
3% Mar
24% Mar
,,
175% Jun 15
7% Jan 24*
17
5 % May
34% Oct
139% July
64% Jun
Dec
135
Jan
42% Mar
86
Feb
99
5% Feb 24
24
Jun
14
29
r
Jan
8
Mar 11
4% Jan 10
31%
143
May 4
41% Jun 13
94
Jan
81%
14
137
July
8
7
Interlake
166% May 19
28% Jan
7
3
5% Nov
23% Feb
!.
2% Jan
13% Jan
9% Jun 29
Dec
Jan
Feb
7
8
7
53%
> Mar 26
Jan
5
99
Corp
Iron
v
159
23%
159
800 1
900
233%
*53/,
6
240
4,400
8'%
*8
8
23%
6'
*"■ L!
•
2,400 !
100
-/«;,.
-
?'■
3
1,000
<
5%
Dec
65
1
Jan
39 y2
.t
64
Nov
43
;t
14
May
107% Jan
Deo
52 y2
45
Mar
5% Jun
4,700 !:
12%
12'%
12 'A
2,800
8%
*8'%
8%
100
12'%
*8'/4
Jan
35
7% Feb
Int'l Rys of Cent Amer com__No
par
9
20
61
Feb
17
5% preferred
International Salt
International Shoe
International Silver
38% Jun
14
Mar
31% Jun
7% Jan
57% Jan 13
23
16% Jun
13
f
8% NOV
17% Mar
7%. Jun
14
26% May
18% Feb
17
t
22% Mar
35 Va
24
i
29
34
16'% Jun
Nov
4%
145
Dec
24 '
May
10
-
Jan
-
3
May
21*
Jun
138
Jan
13
148
Feb
2
23%
Jun
2% Jun
11% Jun
92%
Jan
81
Jan
3
39%
Feb
48
May
44
Jan
24
89%
Oct
99
May
42% Jun
113% Jun
*
28% Feb
99
Dec
145
95% Jan
30% Jun
•^101
Jun
Oct>
35
,
3&%
Jun
13'
14
17>
6
»6
30
106
29% Mar
May
102
Feb
158
Jan
Jun
155
May 23
39%
Oct
93%
83% Feb
30% Nov
1
32
Dec
33% Sep
100% Feb
Feb
14
Dec
;
29-
Jun
79%
18
21% May 17
;
130
No par
Apr
'43% Jun
15"
5% Jan
a
18% Jan 24
86% Jun
7
53% Jun 30'
103
Jun
4Q% Jan
30
7
110% Feb 23
36
Jan
104% Apr
160
7
9
Apr 26
21
" Jun
14
33% Jan
7
73
Jun
28
86
3
31% Jun
14
Jan
40% Mar 16
1 Ve
I'/a
9%
9% > 9'%
153
151
243/4
24%
243/4
174%
1733/4
174%
6>/8
6'/s
253%
•
*138 »/2
4
139 3/2
5%
243/a
77
139%
*4
41/3
139
l'/4
2,200
9%
2,300
151'% 152
25
243%
151
175
5%V
*72%
*4
5%
25
151'%
77%
'
26'%
*136'%
2,300
25
*243/4
43%
26%
v'
44 Va
443/8
445/s
453/8
451/4
453%
953/i,
*94%
95%
95%
95%
•
4'%
600
9,500
138
*95%
120
47
45%
;/*943/4
;
26'%
138
443/4
1,500
77'%
*72%
26%
138
240
5%
5%
.<
>:*.
2,500
14,700
1751%
41/4
263/2
25
24%
175
139%
26%
:
175
24%
120
1'%
.
953/a
STOCK
51/2
:
*59
60
*48
50
50
423/4
421/4
40%
407/8
*42%
,32 3%
Foreign share
ctfs
Dept Stores
Intertype Corp
—No par
No par
Island Creek Coal common...—50c
$6 preferred
;
1
Co
:
9,600
963%
100
8
20
4
*138
42 3/8
42%
423/4
•42
423/a
42y8
,53/a
5%
59%
593/2
100
52
200
42
700
>
39%
391%
40 «/2
40 3/2
>41%
411/a
31%
*31'/2
313/4
7%
7%
600
'32'%
;73/4
*31%
v. 8
-
7%
24%
♦138 -•
20
20
,25
*24
V'
40
.v.iSS**
8
193/4
*
4
*51
*31 V2
•
•243/2
142
51%
- v.
*24
243%
142
24%
*138
'v
8
7%
20
24%
24 3/4
142
8
8
8 3/8
900
13,900
-
''*25
8%
8%
203/4
v
20
*24
83/4
20'/2
20'%
900
24%
♦241/4
25
200
25
600
8
25%
142
*138
'24%
*133
••'
900
142
2%
2%
2%
2%
2%
23/4
2%
23/4
*11%
12 3/2
*11 3/2
121%
*11%
12%
*11%
121%
*11%
12'%
851/4
861/4
*85
861/2
♦35
863/2
*85
86%
60
52%
52%
54'%
600
pfd—100
86
*
52
—100
*102
No par
3% % preferred
100
Johnson &. Johnson common—12%
4% 2nd preferred series A
.'100
Joliet & Chicago RR stamped—.100
Jones ti Laughlin Steel com—NO
52 »/2
102
:■ 102
52%
*101
523/4
102 *
v
52%
1013/2
533/2
103
23/4
*53
101
34%
2%
1,400
102
90
36
3,900
34%
34%
34%
1063%
*103V2
106 »/2
*103%
1061/2
•1033/2
1063/2
105
30%
*293/4
30 V2
*293/4
301/2
293/4
2934
*30
♦1023/2
1031%
*1021%
103%
*1021/2
103'/2
*102 3/2
103%
*102'/2
103i%
*155
165
*155
165
*155
170
*155
170
*155
170
34
343/8
30
*73
1
.
34
333/4
34
105
31'%
100
1,100
333/4
223/a
21
21%
21 %
21%
21%"
213/4
21%
73'/a
223/4
.100
Co..:
86
103
*103%
par
preferred series A
Joy Manufacturing
•
591/2
51%
5%
32%
39
243/4
1/ 24%
59'/2
51%
*5%
1
preferred—
com
8
20
:
24
60
*50
*313/2
•
:
No par
com
8Va
53/4
*59
50
Nopar
■
Jaeger Machine Co—
Jersey Cent Pwr & Lt 4%
Johus Manville Corp
77/s 4
—Nopar
Interstate
Jewel Tea Co Inc
•"
-■
*53/4
60
*59
CLOSED
Nopar
common
*51/4 /'•■ 5%
5%
.
EXCHANGE
*31 3/2
5%
90
2,600
9%
l'/a
44%
25
3% %
141/4
*94 3/4
preferred
1
25
International Telep 61 Teleg—No par
(F L)
':•••
26
k
5%
24%
V'
♦721/2
77
•*■••: > 4
t: 261/a
*139
53/4
251/2
♦72%;
4 VJ-
26 %
5%*
243/4
773%
261%
1%
Jacobs
151
150
24%
1731%
25 3/4
1
152
1503/2
25
174
243/4
'
__
39% May
137% Jan
'
Jun
Jan 27>
11% Apr
4
11% Apr 11
>
y.",/V
8
Jan 27
lVaT
93/e,
>
Feb
,/
89
li/e
9%
174
International Paper Co com
15
$4 preferred
:
No par
71
-44
89
1%
93%
♦73
17
5
90
*89
89
1 '/a
4: ; 4
Jun
Jan
89
90
93/4
.—100
Jun
41
131%
14
89
13%
13%
1 Va
No par
50
65% July
30
Mar8% NOV
13
13%:
73
73
73
73
73
733/2
73'/2
73'%
290
323/2
32%
33'/4
33'/4
34%
7,100
33%
32^%
'33
32%
22%
7,800
K
11% Dec
X89
Nov
98%
Dec
22%
y
21
May
98
May
94% Jan
12
Dec
100% Feb
11
101%
8% Jun 30
12% Jan
8
99% Feb
9
103% Jun 13
43% Apr 12
Feb
48%
Oct
48% Mar
60%
Jun
13%
Dec
18
May
10% Jun
1
20%
Feb
14% Jan
7
23
Dec
26 % July
22% July
17% Jun
19%
21% Jan
8
Xl3% Jun
13
17 V. Jan
7
For
footnotes
see
page
x34 % Feb
52
24.
Jan
24
3
57
Jun
23
Kalamazoo Stove & Furniture
Kansas City Power & Lt Co—
3.80%
preferred
4%
cum
preferred
Kansas City Southern
4%
10
93/8
"
98i%
100
*103
100
Kayser (Julius) & Cq
;
5
Kelsey Hayes Wheel conv class A_1
B_
93/8
*98
com—No par
non-cum, preferred
Class
•:
.*—100
—
1
331/4
*56
11%
8%
*98
9;
-
98'%
103 V4
*102'%
38%
37»/a
37'%
56'%
X55'/4
553/4
-11'%
ll'/a
103
11 Va
9
98%
9
98'%
8%
*98
8%
993/4
8%
*93
9
993/4
1,100
40
102'%
103
103
103
*102'%
103
10
*37%
38
38
38
37%
38
1,700
55
*54
55
11%
11'%
18%
183/4
*18
193/4
18
18
143/4
15 V4
15
15 Va
143%
143%
11-
*13'%
15
[
33'%
33i%
9%
__No par
57
Jun
*89
.
Corp..
1
Int'l Nickel of Canada com__No
par
Preferred
±
100
.!
•
131/2
13%
|
33'/4
33'/a
•;
21%
~
7% preferred
100
Int'l Hydro-Electric Sys class A—25
Int'l Minerals & Chemical com
.5
4% preferred
International Mining
I33/4
13%
,
No par
Int'l Business Machine—
Int'l Harvester common
-
5
common
♦
32%
321/4
24%
24'%
243%
.
?'■ 77
321/4
32i%
323%
-
*72
8
6%
16
32'%
32'/4
//,>' 24
i •'■
24
Inland Steel Co
8
3
100
32%
*
■"•■
*72
.5
165
Jan
% 25
Ingersoll-Rand
7
7
11
?
*-k .'
i
Indianapolis Power & Light_.No par
Industria Electrica De Mex, S A—_
Industrial Rayon
1
10
fori
Sales
the Week
■v
t per share
t per share
i
'i
IV,
1,600
-
'71' "V
*.
pfd set A.,,100
Illinois Terminal RR Co—
7
8% Jan
conv
RR stock ctfs series A
1000
Illinois Power Co common.—No
par
4.70% preferred
—50
Mar 30
3
33% Mar
21% May
8% May
13
4
non-cum
•
32%
Illinois Central RR Co commbn.100
Jan
96
15% Jan
Feb
I
84
12%
58% Nov
7
13
29
25%
150
Jan
Idaho Power CO——20
Jun
20% Nov
7% NOV
Dec
7
Jun
-■
38%
,
*
Jan
30%
22% Feb 24
90
30
■
4,300
6,500
LOW- AND HIGH SALE PRICES
EXCHANGE
share
35
7
97% May
26 '% Aug
-
*•'
2,300 4;<
1,900-
*9
8% 4
55'%
*54
55 >/4
11 »/4
*lli/4
H'%
183%
*133/4
19
500
14%
15
3.800
15
?
1
8,20O-s.
...
32
6%
•
4
,2,600
14% iV .4.:.
•
37%
10%
•
100 :• ■"!
u.*:: 170'
60,300 ,i
3&r;
14 3/4 •
31%
*9%
:
1,100
US
3534
4
40
2,200
•
>'44
-
170 4.;
•
4
•
93
'V" 444'/2
;
91
;
31%
6%
400
•
-•
323/s
10%
1%
10%
32 Vs
90%
31%
'
.
9B%
10%
10%
'•31%- 32.
4.4
35Va;.35%.'>14%:4 .15'4^-
14%
6%
*37 Va ;
37.4.4/
10%
1%
32
2]900
25%
104'
'
*98
'>43% 4'43% V
\l
> '/a
'
4
'32%
/''■4 8V4
94
36%
104
,
32
% 90
353/81
*13%
C32/&
.'.■■/** 6 Va
9%
*10%
IWs
ia
<35
,
143A
31% *'■ 32%
25%
:
98% "
10 Va
32
90-
%
"
*13%
,
4
*31%
•.
d 43% ;4 43%
»
%
r
1%
104
*98
»
32%
300
700
.40% ,AV'-
263/4
103%
:
*
*31%
10%
9%
•
4
S 43 Va
,*6%
*8% /•
32
25%
'
37
.
10%
1
•31
25%
40 y«
*253/4
26%
10V4
34%
:•■'
.v
<40%-
98% *:
•
10
%
%9
9
37.*
No par
NEW YORK STOCK
Highest
t per share
42% July
Feb
95
n-
400
17%
25 V*
25%
104,.
• •
*93'
91'•:-•••'•>,"
43
6%
•
104
-
.32% •'
*',*89
35%^
6%
-
31 Va 4 31%
H
33
26%
98
•
32%
;
-25%
"25%
*17%'
'
40y»4
4° 4 '
17%
17%
25%
*25
40
103
•
-
-.r.
32%
;
V
10 !$;'*
>
25.
t>-
39%
>17 Va 417%:-V
A
17%
25
lid
35%
'■■■■
80 lA
400
'••4' 300
20%
:44, 9
9%
'• 4
4,600
;
13%
13%
20%
*9
700
9%
*12% „12%
13 3/8
20%
9
s%
200
:
15%
-Vv's 9%
12%
•
'
200
84 4:
*83
\
,49%;':
♦13
20%
'
9
:'.i:
12
13%
16%
153/8
15%
84
.:
9Va
*12%
-
*83
;
9
*11%
12
'/■ 13
15%
84 -v-.;,,-:
9
*15%
200
4
;
'.
.
200,
.
43%
423/4
16%
26 V4
•
%
6.86% >
*
125%
31% •'313/a
50
*13 Va 4144-'.;.
14
42%
*125
,4*38% •383/4
31%
*17 V4
*13% ri4%-
5
Hupp Corp
—i
Hussman Refrigerator Co
i
*13
42 44v
400
115%
42% ■"-43 ;fW
1
...
383/4
♦30
-
89%
25
c
500
*38%
115
y-t. 9
98
*31
; - -32
100
t
20
27VZ
35%
303/4
-
103%
98
10
'
50
;
Hunt Foods Inc
,
Jan
25 J
•
14
v
100 %
27%
115%
13
9Va
103%
—Nopar
Corp
*99%
27%
*30%
*11%
17% i
*25%
•;
No par
Light & Power
1001/4
273/a
14
,
*99 %
38%
41%
*35
273/a
1143/4
39% ,40%
No par
___—:
*35
400
93
'
No par
t
35%
1,900
22 V*
22%
*91%
i,
*83
20%
-H 17%
'__.12.50
com
213/8
21%
21%
22
93
4,100
*91%
115%
13%
n-
21%
22
10
900
5%
5%
1143/4
i
12%
13%
20%
5%
1153/4
v.-
84 >•••/
♦11%
30
com.
15%
■8% ^ 8%
'
5%
700
63/4
6 3/4
99%
*13
31%
7
*b3/4-
:
54
65
*63
35
~
38%
,
4% 4
65
309
22%
*21%;
*15
.15%
♦83
43/4
21%
99%
<
145
22%
'4%
30
93
35
125%
.
*30%
♦142
145
*21.%
115
15%
v.
CLOSED
*125
31%
115
15%
EXCHANGE
^..—5
—10
s
r.
31%
115
1,100
213/4
*27
13%
41% •■: 42 -
:-W*;
125%
42
Cr 41%
No par
STOCKS
<
Highest
8 per share
38%
35'
100%
260
19 %
19%
"
'
Year 1948
V:
*38
Hudson Bay Min 81 Sm Ltd__Nopar
Hudson Motor Car
t.
12.50
j
Range for Previous
V-
38 Va
Hudson.& Manhattan common—100
5% non-cum preferred—
—100
»
,
2% Jan
1% May 23
10% Jun
6
38
35
*99%
107%
19%
5%
21%
27%
Howe Sound Co—
8
14% Jan
11% Jan
,
*27,
5
Houston Oil of Texas
47% Jan
7
Feb
:
preferred
Howard Stores
,
11% Mar
29
33% Jun
27%
Rights
20
8% Jan
,
35%
100 %
27 %
Inc
preferred
Houston
46% Jan 20
7
8% Jun
Nov
Dec
2
12% Sep
15
28
Jan
35%
*106
19%
11%
*63
21%
300
11%
74%
7
*91%
•99%
—25
Mining—.
conv.
3%%
1
37 y* May 17
14
4% Jun
22% Jun
Dec
$2.25
l^juiy
7V
'
Household Finance
21%
21%
93
25
preferred.
Houdaille-Hershey
33% May 20
21%
21%
*91%
100
10
$4.25 preferred
12% Mar 30
9% Jun
46% Jan
Nov
38 *
t
21%
*21%
100
Hooker Electrochemical Co. com.5—5
$4.50 2nd pfd ser A
—No par
.
.
Mar 28
34%
81
V;
21 V«
-15
Chemical Corp..
Homestake
29% Dec
?
—5
Holly Sugar Corp
5%_ conv preferred
If V
•
27
f
53/8
Hollander (A> to Sons.—
<
41% Apr
x24
Dec
18
27% Apr
96
U
24% Jan
34% Jan
Oct
42%
24% Nov
09
,
5%
3%% preferred ser A
—100
Hilton Hotels Corp—1
—5
Hinde & Dauch Paper Co <new%_10
Hires Co (Charles E)_
1
Holland Furnace Co
5
21%
1
5%
/•
11%
v74V2
>
64
5%
preferred L
Heyden
64
5%
Co common
Hewitt-Robins
64
-2
Hershey Chocolate com
$4 conv preference
84% May
9% Jan
11% Jun
12%
5%
5
15
*62 %
1,400
1,500
75
*142
5 Va
*6%
Motors
No par
Hercules Powder common—_Norpar
.
64
100
,
17%
13
106
:4
22
*4%
13
75
145
*213/.
5 Va
6%
Hercules
4
18
Jan
♦62
*142
22
Co
Glass
non-cum.
*4%
6%
preferred
(G W) common
1%
145
*21%
4%
11 %
33
"17%
:
13
106
19%
6%
3.65%
Helme
19%
6%
preferred
Heinz (H J)
21% Jan 26
28% May
•
Jun
32% Apr
1
14
113% Jun
3%%
1
127% Jan
15
26% Mar
30% Apr
123% July
27% Jan
1
4
21
*142
22%
4%
*
11%
105 V2
19'/a
,
17 Va
12%
4
33
33.4.:
*17
4
76
105%
—1
Hecht Co common
78
26 %
*11%
*74,
;
20%
Mar
145
21%
1
100
:
11%
105%
19 Va
*32
1713
75
*105
10
-
common
preferred
Hayes Industries Inc
;
13
75
19 Va
*142
17
13
33%
V
17
33%
*11%
105%
19 V.
—100
Marx
Corp of America
11%
77
*104%
com—No par
4%%
*
11%
*32
16%
13
i; 13
*75
100
*32
17
13
No par
com
33 V.
16%
5
Co $4.25 pfd—No par
Harbison-Walk Refrac
<
*32
Cementing—5
preferred
(M A)
5% Jan
20
Jan
.
conv
Hanna
24% Jan
May 12
20% Jan
3
Jun
59
149
142
Jan
34% May
Dec
47/a
29
Well
Hamilton Watch Co
6
xlOlVs
(W F)
200
2,000
!j
!•:
I,
Volume 170
THE
Number 4817
COMMERCIAL
YORK
NEW
Year 1948
Lowest
Feb
60%
Oct
40 y8
Nov
51
12 %
Dec
19
Feb
Oct
11%
-16%
6
56% Jan
20
46 y4 Jan
11 Va Feb
Oct
Dec
37%
89
Nov
32
Feb
39%
451/a
Feb
20
9
Dec
12
Feb
4%
May
j ; 98
<G R)
Jan
5
4% Jan
,•
Kresge (S S)
___
Co.
Kress (S H) & Co
Kroger Co (The)
Laclede
May 17
7
i
6
10
3 Va Jun
Apr
Jan
43%
39%
11%
11%
12
Gas
Light
Consolid 6%
La
21
par
No par
17%
91%
17
Dec
24
Mar
17% Jan
14
Jan
7
14% May
Oct
43
25% Aug
53% May
29% May
35
47
37
Mar
•
19% Jun
46
.
91%
18
18
91%
91%
26 Va Jan
14
43
4
26% May
16 % Jun
29
93
*91%
*11%
*11%
66
*65
67
27%
28
28%
28%
92
91%
91%
91%
91 %
39
90
Dec
99
Jun
90 Va Jan
20
98
12
66
Feb'
10
6% Jun
13% May
4% Mar
.
lv
Dec
39
11% Jan
13
24
,>■ 3% Jun
13
>
5% Jan
27
\
3% Jun
27
"
39%
39%
39%
39%
39%
56%
*55%
56
56%"
39%
56 %P
39 %
56%
56 %
57%
57%
50%
49%
50
49%
50
50
501/4
50%
57%
50%
Co
*50
Z'
6%
6%
.4
•29%
6%
*4
20 Va
*20
lOVe
*10
10%
*10
10%
44%
20%
No par
50
*44%
10
*44%
44%
*44%
44%
21
*21
21%
20%
5
38%
38%
3
*16%
17
100
*95
4% July
1% Jan
1% Jun
Jan
3
3
96
Lehigh Valley Coal
8■■
*20%
21 Va
l
1
36
.v--''.:'
>;
v.-
com
*37%
38%
16%
16%
*95
96
*95
7
7
7
v
>.
3%
4
1%
1%.:
i%
■
5"%
26% July
Jan
> 15
24% Jan
13
Juii
J'
12
50c
1st'preferred..No
$3 non-cum
12'
par
,1
\
'
15%
*15%
/
8V» Jan
15-
4% Jun
2nd
non-cum
pfd—
Feb
56
8ya
Dec
May
16% Feb
-
8% Feb
47% Jan 122
■x41% Jun ,15
May
12
26%
Jun
56%
Jun
10%
Apr
21
/
v
> 20% Feb 25
Lehman
"(The)
Corp
Lerner
Stores
>,>
1
Lehn & Fink Products—.
11% May 16
X24 Va Mar 30
Corp..
5
>;
8
v
-
Nov
: v 82
Mar
6% \Jun
14
53% Apr 18
8% Mar. 30
34% Jun" 14
-
38% Jan
> 91
4
37%AprY 1
¥
•
-31% Mar
'
44"% Jan
<1 Jan
72% Apr
r,
13
>
Libbey Owens Ford Glass
;
24
.7
6%
67/a
35%
174% Mar
Oct
33
NOV
170
Feb
14
33
Jun
88% Jan
22
14
7 VU
preferred "...
Lily .Tulip Qup CorpLima-Hamilton
Corp
May
.
41.
Apr.
8
'
•
-
8% Nov
10"% Jan
t X6% JUrf 13
13% Jun
70% May
15% Dec
23% Jan
'
68%
52 % Jim
Dec
13%
Jan
14 y8
Dec
Feb
xl8;
Nov
14
16% Feb
8
*
Feb
138
21%
19 Va Jan
Sep,
>
27
Jftft
Jan
Loew's
NOV
158
NOV
v25
37
Dec
> 50;
20
Feb
35% May
91
Dec
98% July
23
;
Jan
28
> 23"% Jan
153
4
Jun.
' NOV
May
95
:
"
Nov
Jan
24%
15
,RangeforFrevfloju
Lousville
»4Ya%
-
13
Jun
*
Lukens
>:;>>>.>.pRangeSlnceJan. 1
Highest
>/
Lowest
•
Highest.
Lowest
9 per share
9 per share
$ per there
/
*-
17
17 V4
61%
61 %
j
1
i
1%
2,600
16%
16 Va
1,100
.—10
22%
27%
*26%
32%
32%
*9%
10
7
300
23%
23 Va
23%
23 Va
23%
2,400
;
48%
48%
48%
49
2,000
j
,
48
6%
*
;
6%
35%
35%
81%
81%
:
36
1,700 i
81%
82
3,400
i
280
*
174%
174%
38
*35%
38%
*35%
J * 53 %
20
20%
14
>113%
V
22Va
*159
1
.<
97
97
10
*15%
16%
16%
16%
17%
17%
17%
5,600
11,400
600
63 X
*62
63
16%
16%
*16%
16% j
22 Va
22%
22%
22%
160
159%
159%
*26%
27
*26%
27 Va
31%
32
22 V*
22%
160
•,
'I
22%
*22
:
16%
22%
97
*15%
130
200
32
22%
97
rl6%
*15%
*95%
97
.
1,400
;
>
Monday
Tuesday
June 27
-
,
/
>
/
:
June 30
June 29
f
S«l«s for
the Week
July 1
.
'
Par '
9 per share
9 per
I per share
9 per share
9 per share
I per share
t per share
'
200
Friday
Thursday
Wednesday
-•
June 28
140
'•'■
16%
*16
LOW AND HIGH SALE PRICES
•
Saturday
June 25
STOCK
V".' EXCHANGE
200
1,500
1,800
32
97.;
97
97
18%
V 16%
,31%.
'•
*95%
18
"/ ,'17%
27
31%.
v
22%
_100
14
67,
17%
"■ 160
26%
-
*
t3,200 i
22%
*16Va
—
1,600
! 13%
*64
,
> *61 Va
62
—
2,200
20%
13%
66 '"
>', 17%
17%
—
56 %>
20%
20V2
,
,
55 Va
54 Va
,
*64
V
(•' >67%
61%
32' 'V
<
53 J/4
17 Va -17%
•
27 Va
*21%
7%
8 Ve
7%,
7%
7%
,
♦35%
;
174
174
38
3,600
6%
6%
6%
36%
•
17 Va
v
'f
160
32
...
22%
22
j
10
*64
22%
*26%
1,900
44%
44%
53%
16% i
160
161
*159
700 1
5
5
:
*9%
*13%
■
61%
*16 Va
;
100
5
20
.
17%
17%
17%
16%
Co—
4
1%
"
67%":
•
22 %
A
NEW YORK
:Year 1948
•
17 Va
;.'"/W*TocKr>:
r
^
Steel
*64
67%
.
22 Va
& Sons Inc com..1
(M)
j
900
*3%
16
>7%
X.
20 V4
17%
_t_—100
pfd series
1,500
3%
1%
4%
174%
,
14Va'
13%
■
17
Gas & Elec Co (Ky) No par
&
Nashville.—^—50
Lowenstein
-98% May ,4
21% Mar 30
36 Va
3%
80% ,81%
174%
f
53'%i; i'x
52 %
T4 1
*16%,
common..
I
36%
44
*34
7%
No par
A__No par
1
'
"17
Co
■
V
-
61%
No par
—
Corp.
preferred
Jan 24
24
14
Jan. 14
(P)
Louisville
5
11
41% Jan
31% May 31
\20% Jun
*
,
Lor illard
28'
28% May
1—
___
Cement'
Long Bell Lumber; (Md)
20
Jun
160
;
Inc
Lone Star
38
Xl97/a
20%
20%
> 14
*63%
Co new___
6,000
9%
6%
80 V2
vu
?:
53%
53%
No par
Liquid Carbonic Corp com-—No par
3%%!' conv preferred..—___100
Lockheed Aircraft 'Corp—--1
23% May 16
3
>
CoJ-__>—__1—No par
Lion Oil
7
-
,18
Belt
7Va
7
4
16
96
*94
-
7%
>
9
,
\
10
43%
*35 %
174%;
*34%
38
7%
'
23
15% Jun * 6
July
Jan
22% Apr •' i 5
18% May 13
67% Jan 21
3
Jun
x60
Link
10
May
78-
5
•1 14% Jan
>68% "Jun:
> 30%
23
14 V' 17
65% 'Jun
*•
> 20 % May
'57%
66% Jan
14
Jun
13 % Jun
v
85
Jun
24% Jun
17
19
55% Mar
7
*34%
.—-.No par
t—5
i
300
44
48
35%'
174%
174%
*174
__100
—
400
16%
4
1%
-•,
5
X23%
--
6%i,
,
-79%
.81
> 80%
Liggett & Myers Tobacco com.—25
•"176% Jun
15
v
47
38 %
9%
48
35%
Libby.._
&
38 %
*16%
I
43%
9%
24
3%
35%
McNeill
'
157,
>
47%
48
Savers' .Corp,:—.X—5
Libby
Life
300
36%
*3%
16
*4%
44%
>"
*9Va
;>••"•■
24%
24 Va
*47%
No par
21%
*21
7%
*3%
i%
16
5
*43%
•1
9%
9%
.
,
'
CLOSED
—No par
44%".
43%
STOCK
.
EXCHANGE
"
43% Dec
'
15%
*4%
5
5
No par
'
-41%
15%
V
'
10% May
»
■
4 V4
i% :
"
19% Mar
200
95
7
*36%
3%
*3V4
•;
1%
C
'
■
36
3?4
37/a
■■
*3%
3%
,3%
1,200
16%
95
7%
|
600
10%
44%
39
•
16%
96
36
36
36
3%
*3%
*38
-
5,500 1
44 %
44%
16%
*
l
1
^
38 y4
>.
*10%
10%
*44%
.
36 Va
>:
21
21
1,500 '
1,800
4%
*20 Va
*10Va
38%
2,200
<
20%
20 Va
20 Va
20 V4
*16%
7%
6%
10
-
,
160
6%
6%
*4
47/a
*4
4%
4%
20
5
—No par
i
-
6%
6%
6%
6Va
-
6%
*1
20%
*4
pfd—75 Pesos Mex
'
'
2,700
39%
Lehigh
Portland
Cement
__25
Lehigh Valley RR—
50
C Additional com when issued
7
3 Va Jun
;tj8% Jun
■
29
92 %
27%
*91%
cumulative preferred
Lehigh Coal & Navigation Co
10
40% Jan
3:.V
33 Ve Jun
\
28 %
92%
;
90
27%
'
30% Mar
67
65
91%
3.85%
May 24
*11%
*11%
27%
Tire
(James)
30
12
66
1,100
93
11%
j
"!
700
91%
Co..
Rubber &
Lees
18
18%
*91%
*64%
& Sons Co com
Lee
6
700
10
(The)
Lane-Wells
19
22% Jan
12,900
39%
12%
13%
*11%
100
—i
—10
No par
--.—No par
;
:
Bryant common.4%% preferred
Mar 21
Jan
Dec
Co
44%
39 %
*
12
11%
65
I
Shares
27%
*91
65
*11%
1
No par
Lane
May 18
21%
May
Lambert
22% May
6
11% Jan 26
4
9% Jun
9% Mar
42
12 '/4
18%
17%
91%
17%
17%
100
"
'
39.%
\
the Week
44%
44%
39%
11%
39%
44%
39%
11%
common
preferred
i*"A%
51% May 18
3
43
39%
12
com
'
43
42%
39%
Co common
Koppers Co Inc
39% May 19
57% July
1
14
44
39%
44
*11%
42%
$5 prior preferred
26
Jan
Corp
t per share
9 per share
5
gales for
share
$ per
S per share
9 per share
$ per share
July 1
June 30
June 29
June 28
Friday
Thursday
Wednesday
Tuesday
June 27
.No par
2nd' preferred—_
conv
Kinney
4
31% Jan, 1
;
16
48% Feb
Kimberly-Clark
5
Apr 26
67
25% Jun
" x35%
May
,14
x90% Jun
6% May
4% Feb
47/e
Jun
14
Mar 18
62
58% July
49
Oct
100
HIGH BALK PRICKS
LOW AND
Keystone Steel & Wire Co—No
7
11
,
Jun-14
10% Jun
,
13% Jan
22% Jan
15
t
95% July
40% Nov
25
Jan
291/4
;
.Monday
June 25
Par
7'
17% Jun
Jun
75
Mar
Saturday
STOCK
Kennecott Copper...
Kern County Land Co
12
Jun
90
NEW YORK
share
Jun
Oct
14%
Feb
63
$ per
40
\
24
May
104% July
•
RECORD
EXCHANGE
39
Apr
"
'
r
Highest
'$ per share
9 per share"
42 %
92
Range Since Jan. 1
;
Highest
9 per share
STOCK
H9
(19)
CHRONICLE
stocks
B&nge for Preriona
Lowest
FINANCIAL
&
Shares
share
M
"
5*
x35% Dec
129
Y
v;
13%
Oct/
142
;
Feb
Dec
'27%
Jun
> 30% Mar
94% Pec
10
'Nov
103%
9% Feb
> 490
.Dec
> "'»V*>
15% Dec
430'
Jun
Jun 13
6% Feb 24
7
Jun
22
Jan
10
Magma' 'Copper
.10
Magna vox Co. (The)
Mahoning Coal RR Co___
.,15% Jun
500
6% Feb
10
>17% Jun
13
6% Dec
Feb
15
22%
Dec
92%
»8'> 'May
17% Sep
Dec
9% NOV
Jun
Jan 12
8% Jan
6% Jan
18'
19 Va Apr
22%
Apr
7% Jun
14
11%
Dec
19%
Jan
10 Va Feb
11
47%
Feb
69% July
> 39% Jun
18
Dec
27% May
45
Oct
11% Jun
Maracaibo Oil
Marathon
Jan
X165
•
.
12
Apr
•13% Jan
84% Mar
4% %
33
Dec
110
>
Master
2,
Mathieson
Feb
15
175
-42
May 17
4
94% Mar 22
89
Jan
11
93% Mar 29
Electric
> 43% Jan
21
:
V Feb
88
-;•:
29
Jan
Nov
$3.75 cum pfd
29%
87
■'
80% Mar
!■> 31% Dec
Jan
5
McCall, Corp.
17
9
McCrory
3%%
>36% Mar 30
McGraw
42%
Jan
98 V2
Jun
24%
Jun
24%
Jan
23% May
96%
Jun
46% May
Jan
90
14
24
Feb
41% Jan.
24
92% May
19% Feb
X13
•13 '
Jun
Jun
4
3
11
16
13
70% May 25
28% Jun
13
Jun
19% May
20% Jan
3
Dec
7% Jun
14
Dec
62 % May
34% Jun
30
18% Jun,
12% Jun
50% May
34'
14
7% Mar 21
«:
17%
Feb
35% Dec
92
Nov
101% Nov
95% Jun
97,/Jan
17% Jan
82
^an
Jan
8% Jun
14
38% Feb
69% May
37% Jun
14
14% Jun
11 > Nov
16
May
14
9% Mar
42 Va
Nov
Nov
87
54% Mar
Jun
6
18% Jun
140
14
128
Jun
24
Feb
23
July
56%
7% Jun
15
Apr
43% Feb
10
May
98
78
May
-11
87
Mar
66% Jun
7
10
For
105%
Jun
18% July
footnotes
see
page
Corp
(The)
1st
Stores
&
Min
Transp
Merck Si Co Inc
;
$3.50
$4
1
139% Mar
3
12% Jan
25
12
Jan
12
52
May
5
94% May 10
77 "
106
Mar 11
May 12
4
13
14% Jan
15
15
80
Feb
25
16
19
Mar 31
&
preferred
Middle
Prod
preferred
Minneap & St Louis Ry
Minn
S4
conv
Min
&
Regul
pfd
'—I.—100
No par
.
53
32%
32%
33
*93%
,
13 Va
-
95%-
*19
30%
100
*108
9%
39%
14%
*19
128%
11 Va
;
7%
7%
'
13%
13%
14 Va
*13%
♦72%,
73%
i.72%
,>
•r
19%
109
9Va
r
•'
14 Va
*7%
8
29%
30%
106%
106%
96%
*19
30%
100
*108
9Va
19%
30%
95
106%
*19
7% Y;
30%
73%
20
*30
32%
400
3,000
1,200
7%
*34%
37
*14%
14%
600
7%
7%
500
32%
5,000
*7%
30%
8
^
3170
31%
100
96%
100
106%
670
19%
19%
19%
19%
19%
500
108
*94
32
*94
97
.
19
32
99%
100
*99%
*108 Ve
109
*108 Va
9'/a
9%
9%
9%
38%
39 Va
39%
39%
39
38%
14%
14%
19
19
19
19
19
19%
128%
*127
128
128
*127
128%
7%
7%
.
14 Va
14%
11%
7%
22%
34%
,
38%
11 Va
22%
106%
100
11 Va
;
34%
♦14
14%
11 Va
800
*73
106%
/ 32
128%
300
72%
19%
39%
-
106%
95
32
9Va
1,000
1
106%
100
108
•;
14
30%
9Va
14 Ve
■
7%
7%
100%
109
13%
13%
30
v.
20 Va
13 Va
22%
7%
1,400
96
13%
22%
14
1,100
33%
14
30
36%
54%-,
33%
20%
29%
7%
600
20%
22%
*35
•
1,000
54%
22
7%
34%
30 Va
*94
97
28%
.
36
.14
..
.
10
34%
33
20 Va
1,000
J
*29%
';
54
33
*13%
v;
72%
?-
96%
31 Va
53%
*93%
32
94
*93%
29%
200
22 Va
32
31%
343/a
*13 V4
13 Va
14%-
35
>;>•
100%
»
20 V4
20'/a
20 Va
28%
106%
53
111%
22%
94
34%
97
31
,*110
22%
*28%
29%
52 V*
14%
11%
7%
14%
11%
*7%
14%
15
12
100%
109
9%
40
fiVa
19%— 19 Va
*127
128 Va,
1,000
250
10
1,500
2,300
27,700
800
30
11%
11%
11%
1,000
8%
*7%
8%
600
*7%
7%
7%
49%
49%
49%
49%
50
*49%
50%
50 %
50%
3
—100
90%
*88%
90%
90%
90%
*90
92
90 Va
91
70
*88 Va
71%
71%
71
71
71
71
72
72
1,200
8
72
No par
72
No par
Mfg common
preferred
$1.50
«
*22%
•■■i.
7Va
7 Va
>
♦30
111%
*110
34
33 y*
Y, *28%
21%
30 Va
30
*95
*106%
/>
7%
31
'
31%
21%
14%
;
*93 Va
28%
8
*7%
*30
93%
30
38
*7 Ve
r-
No par
com
series A
Minneapolis-Moline Co
$5.50 1st preferred
No par
new——5
SS Marie
P &
Minn-Honeywell
3.20%
...10
Inc
com
1st
Minn St
pfd.100
100
———--5
Petroleum
Midland Steel
8%
series
Utilities
South
..—5
3.90%
Copper
Mid-Continent
i
50c
—No par
No par
Scott
No par
Co...
Machine
Miami
7
No par
Co
preferred i—
2nd preferred
conv
4.35%
8
4
May
Y
14%
—3%
common.
Metropolitan Edison
24
15 V8 July
Inc
Co
7%
*36.,
84
31%
21%
21%
1
1
5b
common.
preferred
Merritt-Chapman
Jan
24.
conv
Mesta
10 Va Jun
104
5%
*28%
92%
*82%
31%
52
73%
*72%
92%
84
4
:
72 %
26
47% Jan
Y
'■
*13%
20
23
33
13%
Merch
Mar 14
14% Jan
52%,
33
40%
*92
■•);>Y
32%'
29%,- >
51%
13 V4
38% Jan
16% Jun
Oct
10% Mar
285/o
'if
'
1
67% Jun
98%
,
40%
*91%
92%
*82%
22%
29 V4
175
92%
%/>Y
33'/a
11%
35%
♦173%
39%
92
?11Va
29%
11%
41%
4
39%
32
*33
>
*91%
22
92 V4
;
35
34%
94% V, YY-i 93%
31%
*92
*10%
-r
175
*22%
33
33
7 Va
n.
8%
34%
30%
*110
98%
8
11%
i
7 Va
,
t
5
Co——
23% Jan
110% Feb
1
32%
13%
Mercantile
May 19
8% Jan 20
3
22
84
30%
7%.
30%
111%
>:
*13 Va
-
15
106% Jan
Y
*22
1
Shoe
102
>
111% >; *110
*92
•
7Ve
*30
:>
Mfg
Norris
Co
3
>
20 Va
Mengel
7
14
82
s-943^
Melville
97% Jan
83
Co_—w—10
No par
4% %
pfd (1st series)
:100
4% 2nd pfd (2nd series)—.
._50
6
18 Va Jun
82
*82%
*97
8 V4
41%
92%
>.'>
97%
8
22
•
11%
92%
*92
■
13% Jan > 8
Jan 22
107% Jun
30%'Jun 20
Dec
> '■
*91 %
>
22
11%
Y,
40
>
92%
92 V*
20%
49
>96% Jun
19% May
128
'•
40
40
17
175
92%
7%
17'
17%
41 y*
176
yj
18
•
7Va
22
11%
34%
34 Va
-
>
8%
V
18
•
7%
'41
12
*173
18
,Y 11%
41.,-'.,.
*11%
;
176
•>
97
227/a Apr 28
3
Feb
13
■>
40
t
11%
*91 %
7%
32 Va
'
*173
'
*40%
92% -}£
30%
22
>
:
;>> 11
;
11%
40
92%
♦110
n
8
7%
ir. 7%.
1,600
7%
16%
97%
7%
*20 V*
12
32% July
99'/2
7%
*93%
13
-34
♦96%
7%
No par
McQuay
15
Jah
Jun
Dec
CLOSED
,No par
Mines
98%
v
2,100fei
20,100|
7%
7%
*7V»
*16 V4
7%
16 %
,
>
21%
21%
41%.;
,
*17
17
17
YY'v 21%
Mead Corp common
22% Mar 30
-17% Mar 11
90
Jun
Porcupine
$4 preferred
McLfeltan-Stores
19
28
44%
106%
par
par
Y
21%
V
34%
176
7 Va
McKesson & Robbins Inc com.*—18
Apr
27%
104% May
430
*395
7%
7%
18 '•;
7% '•.7%
11%
30 Va
-
1
:
Publishing
STOCK
EXCHANGE
Mclntyre
105% May 25
85% Nov
Electric Co
>
7% > 7%
••'.•I
*16% >1T'-»Y >'
>,•34%
12
.
16%
"■>'
7%
7%
H
35%
*80%
par
No par
1
100
:
*92
v
par
34% Mar 10
27
■•"-a'.'
—
Stores Corp com
conv preferred—
McGraw-Hill
Apr 21
No
No
No
No
55% May 14
3
Dec
8% Ifov
-
,430
r
t
41 >
91%
"
'•130 V4 Jan
11%
/
,
97% Mar
4
"'29% Jun
47 /
1; 25
7%
>'•*7%
V
•11 ?Y-
*39%
•
1947 series—No par
1st
10
.
7%
3,1001
9%
12 %
7 Va
7%
7 Va
11%
*173
100
5
No par
——
preferred
cum preference
$3
$6
Jan
20Va
12% Jan
11
Mar 31
35% Jan
112
33% Feb
-
'
9%
*11%
16%*
#16
18%
41%
35
K:
7 Ve
41%
>12
7Va
7%
» *7%
<!, '
7%
•
11%
v»l
1
common
25
31 .* May
52% May
Dec
15
May 25
110
Co
19% Mar 22
> 35% May
18% Feb
15% Dec
-
130 (
Maytag
8%
No par
pfd—
cum
30% Mar 23
Dec
Jan
27
$3.40
83% May 25
9% Jan
7
Jan
Dec
23% Mar
.41
23
7'/a Jun
Jan
41%
100
9%
*395
98%
99 Va
8%
*
Corp
common
$3.75 preferred
21%
■
Co
May Dept Stores
;
36% May
101% Jun
Dec
25
112
Feb
80
Jan
12% May
Apr
;
28%
28%
*99
12%
6%
6%
*17%
21
22
*98 %
—No par.:
Chemical
7Va
>17>YfY :>
17
—No par
preferred
1%
Jun 30
1
85
Co
—
1
77% Aug
.8% Dec
L)
.7
Feb
Jan
Jun
(Glenn
:
c
■
*.100
1
;
19% Jan
-42
Jun
'
:
18 Va
•18
;>'■
7-%
16%
7%
8V4
>
7%
*7 Va ,'A
*16
18%
7Va "*
No par
com
Martin-Parry Corp
Masonite Corp
89
<
& Co
preferred
Martin
7
170
Jun
93
•
430
*395
■->
100
9%
11%
6%
6%
11
; io%
10%
-
11%
9%
9%.
11%
•
430 v>
7 Va
7
16%
8%
.
Corp_li__
„^__5
6% prior pfd—1.100
Ry
7
> 38
•
93
Feb
84
34% Mar 23
St
57 Va Jan
Jan
176
;
-.n
*395
7%
:
*17%
1
—6.25
Midland
Marshall Field
12
67/a •Y
*7%
*16
V.——.§>
Exploration
Market
,7
47% Apr
NOV
35% Mar
*395
11
>•
•>'.■ 6%
'•>>
.'9%
9%
'
11
6%
430
8%
100
*99
:
9%
ll1-
11
*99
100
*99
134
*131
28%
28%
28%
28%
;
100
*99
1
Corp
Marine
14
24
13
:
28 Va
10%
10%
10%
10%
28 Va
i.--No par
10
103% Feb
13
27% Feb
Bros
29
•
•
10 Ve
> *9%>
50
Co——
Manhattan' Shirt'_i:
May 14
17% Jan 20
29
5
Sugar
Mandel
12
/ 8 5
13
16% Mar 18
•95% Jan
Manati
Mar .7
: 10% Apr
.'21% Jan
•
29% May
103%
3
v
> 7% Jan 20
14
14% Jun
Jan
107/a
28%
..1
19% Jan
Mar 25;
25% May
26
'
10%
Macy
10%
32%
32%
>
134
*131
135
*10
32%
32%
32%
*32
*131%
10
10
10
>10
'
33
.rt
"
Feb
5%
•
.Jan
24
5
18% Mar
>
j;
6
13
,20
"<
10%
v
•131%) 135
136
,
28
—>—„ -5
Inc_
100 Va Apr
23
-
.Apr
13%
6
Trucks
Mack
10
*133,
(R H) Co Inc com—No par
100 i
4% %,»- pfd, series:
Madison Square
Garden„__No par.
14
.
Dec
7
138
.,♦32
33%
*32
.100
—.
*9%,
10V4
*9%
V
com.—; -10
Forbes
preferred
>' 6%
6
9% Jun
10% Sep
6'/a''•Nov
7
33% Jan
"10% Jun
Dec
.525
V, Apr
15% Jan
26
14
22
05% Jan
Jun
21
MacAndrews&
9% Jun
?
15% Apr
24% May;
xl6%iFeb
6
36% Jan
M & M Wood
27% Jun
39% May
Working Co—1 —R
9
14% Mar
8
31% Apr 30
131
Jan 10
Jan
40
9% Jun
*104
1
100
12
€8%
69%
69
—25
*18%
19%
18%
common
2nd conv preferred
aufoif
■ ■ ■■
105
12 Va
104
11%
104
*49
104
104
*104%
r,
105
*104 Va
105
500
20
6,300
11%
U%'
11%
12
12
12%
69%
69
69
69%
69%
70
70
310
18%
♦18%
19%
♦19
19%
100
11%
19%
*19
CHRONICLE
Bain ftt FrertsM
STOCKS
Sioee Jan. 1
Year 1V4X
Lewest
t
Highest
I per shore
I
I per tfiare
I per share
•NEW
aifkwi
•
YORK
LOW AND HIGH ■ALE
STOCK
Saturday
EXCHANGE
t per share
Monday
June 25
9 per there
V.
Feb
.4
Feb
'
38% Jun
Jun
f per share
Feb
34
July
x33%
Dec
44
Jan
9
:
Feb/
15%
Dec
22%
25
46% Nov: '
Development Co
Mo-Kan-Texas
Jun
35
6
9 per share
10'
RR
preferred
Mohawk
series
Carpet
8
Mojud
-
Mills
Hosiery
Monarch
Monsanto
55% Mar 30
Co
Machine
Inc
4
14
111% Mar 29
93.25 conv pfd series A
16
111% Jan
$1
No par
;
Jan
4
:
06. :May
47% Jun
13
10
Dee
;
3
Nov ,;
Jan
17% May
Jan
21% Dec
10% Jan
20
16% Jun
29
Jun
fl
20% Jan 20
Motorola
29% May
16 Va Jun
6
25% Jan
Motor
11%
20% Jan
27
,
..
,
14
59% Mar 29
15 Va Jun
11% Jun
19% Oct
x9% Jun
i
-
Feb
107%
;
112
v
Jan
12%
46
17
Sep
34
,
Dec
60
Dee
Jun
41.
;
,
May
•
109
Jan
10
41
July
i
20
15%
16
17%
17%
16%
16%
Mfg Corp
\
1
Munslngwear
Jan
12
t- A
3%
17'A
u
V
17%
<• •'
17%
—
for
Sales
•
the Week
per share
'
25 3A
253A
8
8
Shares
.
3%
i
49
''
10%
1
11%
*
v
17%
*16
*11
16%
9%'
*9%
i
•
12%
9%
12%
"9%
10 Va
"
'
44
43%
*109JA
42%
-•'
110%
110
*42%
43
>
111%
11%
12
36
12% -12%.
~
-
36
,
*10
43
"
11%
••
*16%
•
18%
43
.
*35
37%
*42%
'
45
>*42%
"
*34%
4"
44
37
»
V- 42%
*35
37
-
*35
"
42%.
*40
i
42%
^
1,200
90
•
H3/4 '
,
:* 2,400
;
100
/
J
3741 *
41
'
100
43 V4
-
i-
2,100
\
112'
11%
;
1,300
-
.
.
,
IOV2
43'A
I
500
105
•110
11%
:
1,800
2,200
900
12%
9%
.*10
111%
11%
f
'
.
153/4
...12%
-
9,900 ! '.
18%
'' 16%
-♦16
i
'-'l.ooo
17 Va
15%;
10%
110
11%
10%'
9%
•
42%
*111 Va -112
v
50 Va.
IO3A
12
.
9%
'
\
48%
18
12
''
9%
*10
9%
...
11 Ve
r
600
:ll% /
16%
*"
:
*
10
i
100
200
/,1
15
18
4,000
'
■
-
: /
163/4
*16
'
1
108 J-
106%
n-M
10%
17%
400
50% ,/ 50% •'
*103XA
V
49
10%
16
23
"J 106%
V
11%
V; 48%
i.
'
'
ry,
50%
15
16
12
*10
1
■(
8,900
26 Ya
*22
'
15
*17%
16%
12
200
1063A
19'A 4
xl5
300
>
*
V
23
*105Va
.10%
16 Va
-
'
10'A "
106
48%-49%
.
18-
26%
V
i
1,100
173/,
V
■
/*103-
11%
10%
15
17%'
.
'
.
14%
^
50 Ve
106
2,300
•
•v,;\
'
*2I3A
l:'' 50
1,500
8Va
3%
->
•
9%
:
40%
73/4
3%
9%
23*.
,.49%
11%
i 3%
io
>
*102
19% A 20
.
*9%
'*■'
V*105%vl06%::,
106%
-
10%
^
9%
*9%
-
,
40 Va
17%
25%
*21%
48-/s
«
r?-
12%
9%
•
9
..Murphy Co. (O C). common
1
4%% preferred
10c
Murray Corp of America com
10
4% preferred
—;
50
Myers (F E) A Bros
No par
8
*
No par
|
Inc
3Va
\r.
49%
11%
20
Mull in s
51
1
11%
t
7
May 24
1 g
1
40 Va
25%
:■'[ 106
11%
.
10%
Inc
/' 39%
8
-v
9 %
49%
:
*102
49%
7
\
Friday
July 1
"
■
,
share
7%
i:
23
i
*105%
10%
Jan
6
23
■£■
48%
Jun >27
,
!/'; 9 Per
".39%
.39
f:.-
26 %
•
9%
23 Vs
106%
1
13% Jan
9%
>■
•105%
_i.No par
Co
36
17%
•25%
v
1
Co
Brass
14
26
•
No par
Lines
A
Mueller
.112% Mar 17
May 17
30% Mar 22
Jun
66% Jan
:
17
Jun
(John)
8
13
38% Feb
Moore-McCormack
Morrell
17% Jan
9% May 31
14% Oct
■:
3%
16%
50
50 Ve
■•■i 103%. 103%
9
Products Corp
Motor Wheel Corp
1
Nov
6
7
7
Co
Montgomery Ward A Co
13% Apr
14
Jun
Deo
Utilities
T-.5
11
May
24
13%
Montana-Dakota
23
Jan
com
14% Jan
21
Dee
10
.*•
Co
44
Dee
15%
33%
a
Chemical
pfd series B
conv
19% Mar 30
19
•
12% May 16
;
8%
3%
18
26
No par
103% Jun
47% Mar
:
17'A
9%
101% Jun
13
June 30
I per share
-
39%
7%
3%
,.
23%
,-45% Jan
10
3%
...
1.25
tMay
Dee
38%
7%
No par
Tool
112% Apr
10% Oct
9%
!
-.
20
123
99% Dec "
106% Mar
/
"
100
1
.
}
7%
No par
A
39%"
39%
6
_
com
-
'24% May 16
4
»
7 %
20
Jan
11% Jan
13
21 Va Jan
Jan
25% Mar 30
14
Jun
9
Jun
\
13
15% Jun
m
29% July
91% May
Mission
7
,6
"
3% Jun
9% July
13 Va
Corp
5
6
13
'
Thursday
June 29
~
Mission
9% May
54% Jan
14
7% Jun
73%
-•
,
PRICES
Wednesday
June 28
!
;
—
Tuesday-"*-"'
-
June 27
.
%
42%
Monday, July 4, 1949
•'
2oU '
/
N
'
'
i
14% Mar
20
18
•
t
.1
f,
11% Jun
Dec
s?
4%
..
•
Sep
8%
'>
Mar
r:
29
:
<
26%
Oct
f
:
5%
.
14%
Dec
:
17%
Jan
3
Nov
i
15% Jan
«
Chatt St, St Louis
11
National
Acme
9% Apr
4
National
7
13% Apr
4 '
National Automotive Fibres Inc
National Aviation Corp
;
National Battery Co
Jun
14
30% Jan
3
21
,
•
1$
4% Jun
6
5% Jun
13
13
,
14
••17% Jun
May
10
13% Feb
33% May
\
13
Airlines
Biscuit
Co
8
Container
11
Jan
Cylinder Gas Co
National
Dairy
.National
19% Mar 30
National
>
12%
Dec
15
Sep
85
:
:
{
;
Jun
Nov
135
14
1
29
i
V 'f
10% NOV
177% Feb
21
28% Jan
21 Va Feb
26% July
15% Feb
:
94
Jan
x80 Va Jun
99% May
21 % Jan
10% Dec
-0%- Nov
11% Jan
;
"18
Feb
104
4
X27% Mar
87
>.
96 >
■
Feb
May
9 per share
8
Nov:
Feb
"20
*
93
: 61
i
Jun
14
25
:
Feb,
81
^
Jun
;^';10
.
Jun
48
225 J
-
10
21
19% Oct
14
4-
15% Feb
86
59
4
13
Jun
91% Jan
20
:
Apr 23
250
!
Mar
#
N Y
Dec
28
9% Jan 21
33% Jan 21
:
>
22
90% Jun
28' •>T.
4
21
i Jan
10
16
14
1
Jan
3
28
1 Mar 24
7
8
Z
.
Dec
Jan
21 Va Jun
6
49% Jun
15
26 v
17% Jun
.
:
■
8% Jun
Jun
78 :
.3 6% Jun
i -27%
Mar
31
Jun
Aug
.90
Oct
>
Nov
Dec
Dec
/14% Jun
8%
Z
14
19% Apr 281
11% Jan
7
24
85
' Feb
Norfolk
••Per.
-•
i
;30%
175'
*6%
15%
*
17% Jan
>7
28
10% May 13
109 % Mar 22
90'A Jun
Western
,
273A
/
"*
*10%
10% 1
'i
27
preferred
American
V
iMonday
Saturday
.9
*99
16%
-
per share
8 3/a
$ per share
■1
..
8Va
*96%
*45
i.
1
46%
68%
26 3/a
27
25%'
lOVa
68%
par
;
,
68%
11%.
24%
•
*22%
32
,
15
36: CJan
' 4
1% May 21
.11% Mar 2
4% Jan
INorwalk
22%
12% Apr 23
J
Norwich
&
Pharmacal
*
13 Vr
1
p
*22%
,
24
:
*
5%
"
22%
'
:
-
223/a
'
-5% /
H
22%
:*53
•
92%::
16%
16%
'•16VS
90%
; *92.
90
,
'
:
90
!
.
:
22 Va
93%
"16Va
*16 3/4
17
4/'
/ 7% %
7%
*213A
22%
50%
50 Va
'*26 ■!'/>'
26%
10%
18%
10
EXCHANGE
*■
18%
/ *53
323/4
32%
13
10%
9
'
15 Va/
"323/a
v
323/4.
143/4
*33
'
8%
9
.4 79%
4
32 Va
4 10
9
15%.4
33%
-
,_2A0
-
V
'
*1%
*15%:
33
:
13A *
,
1%
270
300
90%
190
18
200
34
12 3/a
13
10%
90
9 Ve
1%
100
19,600
4,300
4.
4
10
8,700
43,900
13,600
/
200
108 Va
*
155/a
-t 320
9%
4,700
16 Va
3,100
V 33%
*33
33%
400
1,200
I
>:
10 Va
90
108 Va
15% "15%
.;
78%
33%
/
4
9
*77
•
1,400
;
19 Va
8%
89%
i3A
27
19 "/
•
10%
4 *33:5
7%
22
50%
*26%
12%
15%
7Va
50 3A
'
33 4
20
4,200
2,800
,
93%
33%
41%
-
;
6%
16%:
/
^108% 109
9
500
*17%
79%
89%'
400
*90%
.:
9
:•
4,300
*93
19%
/*
17,500
.
Z4Z I';
*16%/
.
323A
•
13A" l3/a
'
500
:
25
*21%.'
4 10
89 Va
107%
,
27
10
1,700
•
10 4r
; 245
5%:
23 Va
7%
-12%
10 Va
*88%
107%
"
*77
300
3,400
■/ '
.
*230
50%
26 Va
19
:
12%
*77
20
•'/•
■
/58
22'
/•> 83A
,-
12%
10% Z
108 Va
83/a
*
.
; 32%
69 Va
xl07 Va
22
450%
19%
>: 8 %.
..
x£9 Va
v/
—9Va4/- /
15 Va
80
No par
Co
90 V4
109%
-
x9%
10 Va
90 Va
*109
/!
*50
5%
4/*7%'
"
185/e
r
32%
12 3/a
.
17%
■
78% V
33
61
;••/ 30
17/a
2,600
1%
'
113A " / 11%"
.
*11%
11 Va
-12
*11 Va
12
♦11 Va
*29%
29%
*29%
29 Va
101%
11%
101%
101 %
101%
100
24%
25 3A
7,800
*18%
19'A
100
12
500
0
26%
82%
26%
16%
Dec
Jan
92
Jtrn
27% Jan
103... Jun
99% Jan
Feb
43
Apr
22%
•
34%
*
18% Jan
Feb
Mar
6%
Dec
88
Dec
20
Jan
27
Jan
Jun
38% July
X109% July
Jan
23
Jun
27%
3
23% May 31
17% Jan
8
20
92
12% Apr
100
3
*
Jun
Jun
14
2
Jun
13
Jan
15
Jan
Feb
34%
Feb
For
11% Jun
1
Jun
14
49% Jan
3
65
11% Mar 29
15
8
Jun
6
73
58
Jun
22
May
Apr
43% May
footnote*
set
page
Oliver
Jan
Corp
4%%
30
24
Jun
16
'
32% Mar 30
158% Jun
16% Jan
79
2
24
8%
Corp
preferred
(The) common
convertible
Outboard
Marine
28
Outlet
24
Owens-Illinois
14
Jan
7
Pacific
Amer
18
Pacific
Coast
4
40
Jan
17
&
A
1013A
J
♦92
6
Fisheries Inc
Co common
1st
preferred
non-cum
2nd
preferred
non-cum
•
10
29 V2
;*29Va
29%
101%"
*101Va
101%
24%
24 V8
18%
xl8 Va
418%
22
20 Va
21 Va
93 Va
93
93
■
24%
•*18
21
,*92
.
19
;
21%
93
7%
7%
7 Ve
81'%
803/4
80%
80 Ve
80 V8
*18 Va.-
2078
*19
,*19
20%
"
*156
30 Va
,157
*11 Va
11%
*63
€8
52 Va
113A
*8Va
53 Va
11%
8%
24%
156
11 Va
*63
52
11%
*8'A
29 Va
156
11%
68
52%
11% i
8%
29Ve
*156
11%
*63
52%
*11 Va
*8 Va
20%
30
157i/2
113%
66 Va
7
,
*80 Ve
293A
*156
*64
12
*113A
*8 Va
8%
*56
59
*56
59
*29%
31%
*29 Va
31 Va
♦29%
31%
*56
*
29 V2
155
157%
11%
*11%
66 Va
*64
53%
53'/a
12
11%
8 3/a
59
31%
*8 Va
.
170
7%
2,600
81
*19
293/a
5,900
92
81
20%
4*11%
Z
7%
81
■■
53%
59
92
100
22 3A
22
7%
x29 Ve
53
*56
22%
*92
4*19
19 Va
93
213/4
4
'
25
243A
7%
293/a
/
v
25%
7%
*19
..
No par
No par
29%
101 Va
25 Ve
81 Va
:__2.50
12.80
30% '
101%' '
7%
100
10Q
Co
24%
"*18Va
213A
10o
lo
Mfg
■
'
20
No par
Glass
'
-
.
No par
Co
10% Jan
Apr
preferred
Otis Elevator common
6%
preferred
Jan
*293/e
"•
No par
convertible
58% Jan
71
pfd
common
Oppenheim Collins
28
16% May
31% Jan
22% Jan
148
Sep
Oklahoma Gas & Elec 4%
13
Jan
11% Feb
8% Dec
No par
19% Mar
99
|
100
Co
19 % Jun
Jun
60%
common
preferred
Omnibus
23
89
1
Oil
8 % Jun
90% Jan
154
73% Jan
4.40%
Ohio
11
Nov
Dec
104% Mar 25
33% Jan
7
Ohio Edison Co
-
29
Nov
Dec
May 18
6% Feb
16%
80
>
80% Jun
144%
47%
33"
50
20'/a
-
29%
6,000
156
170
12
J
.
560
1 68 Va
54 Va
3,160
11*4
300
8
3/1t
*56
59
*29 Va
31%,
I
5,900
K
,
65 4-.
." 122
4*11 v. 11%
»22 %V 24 :
,493%
93%
1416%/46%
:
"'13%
-13
"/
21% ' 22 3A
f
18 Va
shares
25%
*118
/ 53%
5%
50%
;. 9% /
•
263/4
93/4/
90%
27
69
26 Ve
93/a
4 -17 Ve'
26% /
Ui
11V*
'
22/
/ 8%
x78%
98%
for
Bales
the Week
v
•25 V#
*230 ' * 345 *
1
*50 Va
18%
9%'V
*77% *""79 Va'
CLOSED 1
...
,
i
8%
.
•68 V*
;
4*ii : ; ii%
4*22%
24: "
*21%
26 Va
•
83/s
10%
26
9% :
'•*
50
50
-
100
46%. *46 Va
*ii8ya ^20% :
21%/213/a,
49%
•
300
"/
*96
69Va
j
' *90%
.
-
•
17/
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17
'
X9%
STOCK
y
4:>;
'
:
%7 : '/•:.:
7%/ 7%
» !
»4per iA«r0'
453A
90%'
90%'
*16%
-
100
:v:'
-
99 %
'
22 .
; 9?%'
!
10%':-,
v
-V
4/ 60% -60%
53%
*230 I 245 '
*T
5%v
5%
-
16% -16%
;
263/a "27
'
90%
•
j f
800
31%/
99
*97%
■4*25%
" *26,
:*22Va " ' 29
.
h
500
103%
*31
/
If
2,200
;
).. 9% , 9%
59 Va' 5 59%
*Ut •"• 120 r'J
*10%' 11%
60
100
10%
13%
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'<■
sharjgp
*68%
,
"
*10*
;
'
83A'' .8%
103A'
; r26V» %263/e
.
./121;/
10% 10% /
'
.
92% -92%
l
Rubbers
if
1,900. U
10%.//m
r
y:i July 1
453A
10"'*
9'/a
P
>
r*68% ' 69%
-
'
-
Tire
i
400
:
'
/Friday,
97 Va
*
""*25
'
50
Northwestern Telegraph
11
Jun
Feb..,2
1.
/
2,800 4 /
-'28%^^
103/e
June 30
.97%:
;*45Va' *46Va
TO Va* 10%'
:53-%* .v',;-*53-.'
53% "
--*235
245 • ; ;--'245
v, 245";.r
",*5%"
?% '
25 Va *
•
'
$♦98%*
,
122 z -:v-: 120
-11 "
8%'
; 26 Va 1
*
19
■i
500
•
1/4///
16%
///■/
*10%
Thursday
V I per
25 %
'
•.
'5$-'
preferred
No par
$4.80 preferred
_No par
Northwest Airlines Inc commoh
10
/
4.6%
preferred
28
14
7
1,300
/
81
273/a-
9,
31%
100
jf;
*25%
'
lOVal
Z 122?.■:
;
},
' 97>A
*96%
.
25%
f -ip
$3.60
13% Jun
10% Jan
*■
23%
*80%
133/.
I/
V 9Per sti"*9
*45 /
46Va':
'/lOVt- 10% -
,
-
105/a
*68
10o
♦
t
8%'
8%"
-
97 Va
-;v
-10%'
>. ;•/
6
$■:
;
200
2,200
76
' 16 Va
/
103%
31%
AND'HUUI ■ALI PRICES
(Wednesday
8
June 29
'
lo
Jun
/• 80
19%
*22%
10%
10%
-
*102
Tuesday,,/■*.•..
'June-2$-.'
'"june^T "1
$ per share
21
Co
'
%
273/a
■,
*13%
103%
.10
L_100
Northern States Pwr Co rMinn)—
Common
No par
^
153/4
76
*10%" 10%
^
31%
100
28
com
1'
20
19%'
803/a
1;10%
;
.13%
4
;
Ry
j
4,500
• ••
6%
153/4
19%
80 3/a
10% '
l
North American
Aviation
Northern Central Ry Co
Northern Natural Gas Co
Northern Pacific Ry___
/
36% Mar 17
13
:
Sb
*
1753/4
>
147
*6Ve
75.%
,23%
16%
27%
f .6©
:
30% •;
175
15%
.23%
•lOVs
1.100
—
4
700
5,700
92%:•.
*146%
/
0%
757/e
/
80 Va
.No par
In du stries
Adjustment
North
18
14
7
40% Apr
7% May
10% Mar
•
>
3
Jan
17% Mar
.27% May
33% Jan
•
175/
,16% <;
•
__Nc par
100
Corp
Chemical Co
13,400
?:
1
com
Electric
Nopco
10
84 t Apr 29
107% Feb 15
Mar
109%
8% Nov
16
30%
147147
23%
-No par
common
*
13%
•91
*19%
100
preferred
Nobllt,t-Sparks
Noma
28% Jan 20
11% Jun
Jun
8% Feb
>78
103%
59% Jan
7
15% Jan
13% May
93
Feb
16%
36%
28% Jan
Jan
25%
-
6% Jun
62% Nov
;
-
82% Mar,
t
16% May
17% July
i
Aug
14% Mar
$3.75
133/e
92%
'
N;Y-New Haven & Hart RR Co.100
-19% Apr
13% :
'
r
900 t;#
6,800 !,
.3,800 | <
8 I'' ; •/;/'•
*7%
v/ir/%//■:%/
76 Va
Preferred 5%
series A.
100
N Y Power & Light 3.90%
pfd__ 100
N; Y Shipbldg Corp
par tic stock
1
N Y State Elec & Gas
Corp—
3
'
Feb.
;
Dock
'
V
June 25
(
Brake
18 Va
'
it.
iit
•
16%:',".
,
18 Ve
I
800
'
N Y
:
Jan
X16
7%
:
:
85 non-cum preferred.^—No pax
Sb Harlem RR Co
J
50
•
25
Jan
25% jun
:
Dec
55
25
;
City Omnibus.Corp_____No
New York
9
'
Air
9%
31%
.-.'•j.
Central;
N Y Chic & St Louis Co
0% preferred series A
96
•
*
ipi
•
Dec.
13%
/
;
"
»?.v
"£
Jun
York
26% May : 6
-
18%
30%*
y
STOCK
York
8
.
16
18 Va
13
;
100
preferred
New
Jan 21
:14% Jan
..
*91
1
Hew
>
140 2 Jan 21
14
Feb
5Vb Jun
i
r'>
15%
/
•;
1
Newport News Ship & Dry Dock_l
•
12
* 9%
:
31%
;
1,500
/
'
,15.%
•
^
315/e
9%
31
7%
100
4%%
Apr 12"
81
•
/
9%
•;
'18 V4
.
100
England Elec System___
Jersey Pr & Lt Co 4% pfd
■Newmont Mining Corp
Newport Industries common__J
•
13% Jan7
5 ^
.Feb
.
88
i
10
.33% Jan
6
20% Jun
Jon
A
*-
Jun 20
'
39% July
Jan
56
'117% Jun 13
14% Jun
K
--> 96
/J4%
13
18
common.No par
New
27
85
14
9 Va Jun
15%
.
;
Is
New
8
13% Jan
72% Jan
5 Va
30%
,;
4,100 1
2,300
05/a
5 Va
-
I
no
•
5%
6%
1
f
;
200
10,200 il
32 Va'
6%
10
Co
EXCHANGE
400
■
:
177
♦5%
32 Ve
5%'
lo
common....
%<.z'
12
59% Jan-
r
-
14
24'AJun
Mar
•
/' 258
Nov
'
177
/
5%
32'A
5 Ve
No par "
.No par 4
Inc
II3A
333/8
6%
No par
preferred
1
10% May 17
97% Feb
V
Apr 30
23% Jun
•
33% Apr
V27, '•, Jun
Jan
Fibre
NEW YORK
"
July
July
144
3
1773/4
5%
32 '
10
100
•'
'■
600
30%:
'
33 Va
OYa
100
Newberry Co (J J)
3%% preferred
*
2
HlghMt
11%
*29
'
5%
9%
100
Co
Bros
4% %
2
May
12
30
33'A
,*177
V
No par
common
Corp
Nelsner
::
Jan 27
8 per share
Mar 21
9% Feb
July
>
6% Mar
86
65
42% Jun
i
.
20% Feb
•
94 :
84% Oct
Mar
a.
RVa Jan
*
.42
: 18%
•
49% Jan
200
.
•.'
Feb*
11% Mar
•<■
f per "hare
"re
'
Nov
*121
:/
y
90% Jun
i
Nov
12% Dee
29
* Feb;
100
Vulcanized
Nehi
1.800
7.
Sugar Ref Co
Natomas
/ 1,100
:■
93/4
5%'
#9%.^.
30 Va
STOCKS
Aug
64
July
29% May
Feb
91
.Natl
s
Range Since Jan. 1
: 99
20%
...
31% Feb
<
3
Lawaat
•«, >/,■;
12% Jan
i
12% Dee
70
20
14% Mar 17
•
J
'
-f
90% Mar
38
1
*/..
/
73/4
93A
6Vg
?>-.
No par
National Supply (The). Pa com
4%% preferred
National Tea Co
.11% Apr. < 2
13% Mar 30
103
73A
9%
32%
Malleable &
National
24
r-12.% Apr
12
93% Jan
Jan
28% July
Mar 28
29
/
7
86
•
3
xl01% Jan
98% Jan
Lawaat
;
*12% Jun ?10
Jan
laagtfar Fravtaaa
Tear 1948
: ;
Blgkast
,
9% Jan
May
/
15 :
9% Jun: 20
.
19% Jan
t12% Nov,
100
.
16% May
t
Nov
j
'-
10
:19% May 16
13
Nov
-
Jan
7%
*29
.
5
32.
4%
31%
i
"I'.r
preferred A.
preferred B
<6%
7,200 V
460 : -.
"
20 3/4
19%
*11%
32%
J77% 177.%'
CLOSED
Corp
l
Steel Cast.No par
Natl Power & Lt ex-dist
No par
."National Shares Corp
No par
National Steel Corp
25
23% Mar 28
4
9% Jun
v
30
•
National Linen Service
Nati
4
91% Jan
11
80% Nov
T
<22 :
.
28
/
6
ii Jan
1%
/
,
19% Jan 21
v
;73%Jun:l3
$4.50 preferred
Lead Co
National
9
-6% Jan
s
15
21
r
»>'
13
*
3
'
148% Mar
Jan44
:Jun
19% Jan
May
15
33% Jan 21
*4
x% Jun
114% Oct
■
*
Feb
95
<
26
7%
Enameling & Stamping... 12.80
National Gypsum Co com
1
7
14
5% Mar 10
Jan
.
-NOV
25% Apr
169 Va Jan
14% Jun
20
•
,
,
147% Apr
7% Feb
*
■
91% Mar
<
I
16% Jan
:
STOCK
EXCHANGE
,
.'-.'v
•
:
32%
•
Prod.
'
«
12%
243/4
*20 Ve
Nat
14% Feb 25
86% May 13
Jun
177
V
Dec
19%
•
:
14
96% May
Nov
A
xll%Jun
A
13
19
f
':«% Dec
(^11% Feb
!
7% Jun
*
Oct
130
;
20% Jun
Jan
192
t
14% Dec
W
Oct
>
29%
(
r
V
V
'
No par
Department Stores
Distillers
.,r.
!
12%
*29
1
1
Products^
11%
20
'
/
1
National
?
,
31% May -4
xl6% July 1
;=/:
24%
19%
■i
*11%
11%
24%
.
7%
.
Co
11%
"
9Va
.
12
•
:
♦9%
100
National
3
193/g
/V" 7%
1
I
10
National Cash Registcr___^__No par
National City Lines Inc
1
Jan
•' 24%
24
I
common
H
11%
•'
19%
1
7% preferred
National Can Corp__
11%
,
V
1
9% Jan
v
27 Va Feb
*
100
Co
7% Mar 11
13 r-v
Jun
5
25
23
7% Mar 29
<35
9 Ve Jun
.
*
Jan
May 18
179% Jun
13
30% Jun
j
37
35
/
.
170% Mar 15
;
Ji
National
13
Jun
g
Nashville
23% Apr
,
13
28
Corp
21
11% Jan
9% Jun
t
Uash-Kelvlnator
7
Jan
28
10% Jun
5
: 14% Aug
;
12
Jun
24% Mar
.
14
;
0% May
13% Jan
»'
10% Mar
;•/
/ 17% Jun
49
<•/'
Feb
9% Dec
:
r.
Jan
July
ti% Oct
Dec
v.- ~ 9
13
176% Jun
V
9% May
Nov
32%
t
:
Jun
95
Feb
162%
22
17% Mar
Feb
Nov
1 Vi
14
Sep
10% May
11% July
.
: 9%
■
10% Jun
32%
19
Feb
;
J
W.UJ 1/1.
THE
Number 4817
170
Volume
NEW
'■>*"
taaicferPrevious
Tear 1948
Leweet
15% Mar
29% Nor
21% Jun
t per Share
36% Jan
55% July
44% July
'
50
Jun
6
27% Jun 14
89
Dec
104% Jun
Nov
147
3%
Dec
6%
«
39% Nov
4
Dec
8% Nov
13% Mar
7
5
"
'11% May
21% Jun
8
12
43% Jan 10
4% Jan 5
10% Apr 5
Jan
3
Jun 10
16
Jan
3
59% Apr 14
102% Jan 27
8% Apr 16
20
Jan 7
104% Jan 7
24% Feb 3
•
46
Feb
66
Oct
92
Oct
-100
May
6% Feb
11%
-
18%'Pec
97
18%
May
105
Jun
Feb
102% Feb
2
Mar
30% Jun
6 V* Mar
10
May
16% Jun
9
Feb
37
38% Feb
0%
9%
Feb
Feb
44%
40% Feb
48% Dec
"
20%
1%
3
29 y8 May 12
Parke Davis 8c Co
28 y4
28%
28
28%
28%
28%
28%
28%
287/s
26% Jan 22
7% Jan 7
14% Jan 18
8
Jan
4
19% Jan 10
30% July 1
Parker Rust Proof Co__
2.50
Parmelee Transportation
-No par
Patlno Mines 8c Enterprises
5
Peabody Coal Co common
5
5% conv prior preferred..
25
Penick As Ford
No par
24%
24
24
*23%
241/4
24
24
*6
6%
10%
24% Jan
Jun
1
2
10
16
Jan
27% Jan 31
Jun
1
17% Feb
20%
29
Nov
104
; Jan
91
Jan
103% Sep
14
7
Jan
28
81
Sep
25% Mar
.
Jan
82%
Dec
7
17
3
9
Mar 11
Jan
Jun
20% Jan
23% Jun
110% Apr
Jan
54% Mar 18
99
Mar 12
7
98
24
'
105
."
v
.
;
87% Jan
.
54%
Jan
i
10
Deo
;
Apr
8
11% Jun- 28
45% July
91
July
39% Dec
7
51% Jan 19
53% Jan 21
8
6
Jun
•
12% Jan
3
Sep
1
' 27% Jun 20
3-
40% Jun
6
36% Jun> 7
x48%Mar 30
90% Mar 24
Jun
Nov
11
July
May
May
J
'
102
Jan
5
9% Jun 14
7.111
Aun
21% Nov
Jan
87
21
May
17% Jun
59
Jan;
Mar
May 18
A Jun 28
17% Jan 4
37
Jan 19
110
Feb 7
36
May 16
108
Apr. 5
11% Jan 19
12
April
24
Apr 12
105% May 16
20
7% May 31
8% Jan
3
104
65
111
Jun 13
Mar 28
96% Feb
30% Jan
Deo
22
16
Oct
20% May
64% July
10% Feb
3
23% May 14
28% Jan 21
6
Jun
106
May 17
26% May 16
113% Jun 30
101% Jun 29
109.
Jun 21
19% Jan
7
22% Jun 28 :
40% Jan 7
81% Juhfi 22 7 Vj 88% Feb: 8
37% Jan 7 4
43% Mar 28
93% Jan
3
100c Apr
9
88
Jan
6
91% Mar 30
10% Feb 10
12% May 14
87% May 11 "
90
Feb 11
97% Jun
88% Oct
13% Sep
92% Aug
77% Jun
51% Jun
14% May
8
14
Feb 28
-
When issued
64
Apr 19
11."
;
20
.
July 1
48
5
23% Jun
Jan
May 23
..No par
Penney (J C) Co_
*6
Cement
Co
-1
100"
6% preferred
Mar 30
-
Phillips Petroleum
Phoenix Hosiery
*6%
*16%
17
30
47 y4
-
10%
7
*29%
Penn- Ghus. 8and Corp com—No par
5% preferred
;
:
100
Penn Power 8c Light Co__!
..No par
'. Rights
—
' Pennsylvania RR
.50
Pennsylvania Salt Mfg Co com—10
• '
3%% conv series A pfd
100
Peoples Drug Stores Inc.:
5
Peoples Gas Light 8c Coke—
100
Peoria & Eastern Ry Co
100
Pepsi-Cola Co
33%c
Pet Milk Co common
No par
'
4%% preferred
.—10O
Petroleum Corp of America.
5
"* meuxer Brewing Co—.No par
Pfizer (Chas) 8c Co Inc
1
Phelps-Dodge Corp:
25
* Philadelphia Co 6% preferred
50
$6 preferred
No par
Phila Electric Co common
No par
$1 conv preference com
-No par
:
4.4% preferred
100
3.8% preferred
i
100
4^% preferred
;
..100
Phila 8c Reading Coal 8c Iron
1
■' Philco Corp common.
3 7
7
3%% preferred series A——100 7:7
Philip Morris & Co Ltd common
5
4% preferred
100
*
3.60% < series preferred—
100
7 Phillips Jones Corp com
_No par
,
10%
•6%
10
.
6%
10%
<
No par
Penn Coal 8c Coke Corp
Penn-Dme
*24
20%
*6%
47%
16%
47%
46%
14%
35%
36
35%
36%
9%
10%
26
•'
48
;
9%
*103
10%
10%
25%
51%
97 7.-;
9%
22%
,■
103%
*103
10% .10%
5,100
46%
39
39%
2,290
5,600
52
52%
97
*51%
*96%
26%
46
97%
22%
21%
22%
21%
22 r
21%
2iya
22
97%
22ya
23%
23%
23 y4
23%
23%
23%
23%
23 Ya
24
24
*112%
112%
112%
112%
112%
113%
113% 113%
110
*101%
101%
*101%
101%
109%
*101% 102
109
7109
11%
11%
•101% 103
*108% 110
11%
12%
24%
25
290
v-^F'-:-7
*96%
97
"
'109%
•109
*109
112%
101%
:109%
11%
11%
23% , 23%
'7
11%
11%
11%
11%
7:
24%
26%
22%
24%
82
82 y4
82%
'
83
41%
41%
*98
•
•91
-
-
X40%
iooy4
*91
89
V 93
*91
,
52%
52
52%
11
*8%
1,700
120
42%
93 "a
U
•8%
11
Friday
Jnlyl
26%
*103%
104%
103
*90
* 105
11%
*80%
26%
70
•11V,
11%
7
*80%
82
82
26y4
27
*11
27
,
11%
•138
145
*138
145
*157
159
*157
159
30%
67/a
*8%
7
*61
..*6%
,
*8%
8ya
67
153
67
,
•*6iy4
62
45%
140
*14%
15
140
•130
v
8%
-
*145
,62
*14%
*130
31%
31
31%
•15Q
153
66%
66%
19%
19%
19%
*9%
10%
*9%
10%
39 Vs
40
38%
39 y4
*34%
9%
,34%
13%
13%
.19%
34%
34
9%
:
97/a
' 9%
13%
13%
sy4
5%
5%'
/ 5%
*21%
60%
,
23 ,
61%
*21%
61%
22%
63
16 ya
♦15%
16
;
87';
87
40%
40%
21%
25%
21%
32
32 y4
25%
■-
$3.50
1st
preferred
No par
Radio-Keith-Orpheura Corp....
1
Ralston Purina Co 3%% pfd
100
Raybestos-Manhsttan
No par
Rayonier Inc common!
1
$2 preferred
25
Reading Co common
50
4i» non-cum 1st preferred
50
i
68
<
4%
non-cum
2nd
preferred
Real Silk
Hosiery Mills com
preferred
7%
Reed Roller Bit Co
Reeves
Re is
Bros
Inc
.
:
{;■
,
7%
7%"
24
24%
24
21%
22%
22
tl.25
dlv prior preference
10
Stores Corp
No par
28%
27%
28
18%
18
*37
;
*109 A
110
18%
;
*n%
12%
•
'
12
12
*4%
5
19%
6%
6%
Conv pfd 3%% series
Remington-Rand common
$4.50 preferred
100
•50 y4
50c
8%
♦72
52
8%
75%
1
8%
Republic Aviation Corp
Republic Pictures common
,_1
50c
4%
47/a
2%
tl convertible preferred
10
7%
2%
7%
For footnotes
see
page
24.
9%
'7%
f
10%
10%
9%
>68
68
69
*
:r: 7%
7%
97
*96
*24
24%
*24
^
.
>
"23%
.
7%
97 '
24%
22%
22%
27%
277/a
277/a
28%
18
18%
•18%
23%
28y4
18%
"
37%
28%
•36%
18%
37%
•36%
37%
•28
29 y4
*28%
29%
*10%
11
*10%
11
*10%
*io9ya
no
19
9%
68
22%
110
•109%
110
*18%
19
*18%
19
«.
37%
,
25%
18
*28y4
*18%
18%
-
27%
22
V
11% r
*109%
,
•
26%
,25%
*96
97
24%- 24%
30
19y4
25
7%
7%
37
5
Reo Motors Inc
9%
67%
!
,
25%
}r * '
67%
37
11%
32%
26y4
107% 107%
16
*10%
30
*10%
ri
*28
37%
♦28%
:
,
*96
-
18
'
common
Reliance Mfg Co
-
22%
*28y4
(Robt) 8c Co—
Reliable
«
97'
♦96
97
*
15%
9%
10
68
*18
No par
50c
-
■
♦
16
9%
-
7%
7%
*96
*24
7.
/*
50
5
100
68-
.
:
*67%
10%
.10.
*
Radio Corp of America com—No par
*15%
r
,
■
is
26%-26y4
; 32 y4
26%
107%
25%
87
40%
2iy*r 21%
26 ya
•107%
*15%
16%
'
87
40%
1
-
,v
-
1,100
26%
11%
ny2
26%
*11
Quaker State OU Refining ConMO
Shares
103
105
•90
,20% fen 14,
the Week
t per share
share
26%
15% Jun 15
7,190
11 Ve
t per
,
>40
5,000
9,600
83
;
190
4,700
•87% ,,89
53 7.
53 y4
'
*8y4
v
100%
42
,
*98% 100%
*91 '.»• 93
100
*11
89
52%
No par
*82
•
41%
*98%
11
?
24%
' '83
42
*82
41
*91
93
*87%
23%
83
40%
*98%
41
7*10%
10%
*82
:
100%
*98
93
10%?
•87%
-
5
112%
101%
*109
June 80
•' 35%if*2
790
21%
*96%
Thursday
|7% Dee
2,000
26y4
45%
38%
51%
38 y4
377/s
51%
IV*
9%
*21%
ioy4
26
45%
37%
'
35
V 7%
.103%
' 26
44%
45%
V 24%
39
*34%
100% 100%
7
8
*21%
103%
14%
37
*106% 108%
9%
22%
*7
9%
10%
14%
36%
37
99% ' 99%
.
8
22%
*103
51% "51%
47%
35
*34%
99
9%
46
38
47%
47
14%
*36%
*21%
26 y4
'
H 45%
14VB'
35
*6%
10
103%
10%
30%
106 Vi 106%
106%
99
.
»
21%
,
30%
a8a
*34%
35%
t 8%
21%
•103
*105
100
7!
7
17
16%
17%
A
i4ya
*7%
107/a
26
.
100
10%
7
20%
14%
*34%
6'/4
*6
6%
11
108
14%
104%
24%
30%
47%
17
104%
1%
29
*237/s
16%
30.
20%
39
•6%
*16%
16%
30
46%
20%
*
•29%
17
30
*23
'
*10%
*6%
7
*29%
*106
'
6%
10%
*6%
*16%
<
STOCK
EXCHANG
CLOSED
,
6%
10%
7
■
6
16
103%
20%* 20%
39
20% May
24% Jan
104%
24%
25%
115%
103%
103%
1%
45% Jan
i
*102%
1%.
Apr
7
103%
97%
«
16
1%
1120
Dec
93
*102%
16
.
*102% 103%
1%
32
104
Dec
15%
1%
Apr
.
15%
1%
48
«'
15%
54%
5%
1%
Dec
14%
*15%
9
13%
54
r
1%
85%
'
*102%
97%
5%
6%
39%
14Y» Jun 13
Oct
102 %
54%
97
5%
*15%
20%
22% May
88%
102 y2
54
97,
6
12,800
11,200
3%
3%
8%.
,
;
20%•■
Dec
.
.97%
15%
07%
.5%
15%
54
5%
,
*12%
"
3%
39
16%
<
6
14y8
54%
3%
54
*97
97%
87/a
*12%
97%
54
55%
"
(J.'
8%
-14%
20%
18% Jun 29
Va Jun 29
Dec
55
*96
.,v'
,
14%
1,400
201/4.
July
7% Nov
3%
8% \
\
8%
31
39%
20%
22
3%
.
*12%
500
130%
30 Vi
*30
20%
20%
Dec
•
,
.
9
14
40
3
*37%
16%
99
3%
8%
•12%
210
7
*2%
3
20
*20%
f
H
3%
'
*2%
3,100
91%
143%
30%
3%
8%
30%
3%
8%
*12%
'"
30.
.91%
143 y4
91
144 V*
39%
.112
>
30%
30%
91
21
Oct
Feb
31%
1,200
20
Dec
Dec
31%
51%
30%
30
30
144%
144
2%
3
*143
3
6,000
51%
*38%
:
9% Nov
3
2%
*50%
51
30
90%
*20
109%
86%
2%
;
t
144
100
31%
20%
3
28
30
90
,
*142
145
19%
31%
39%
14
Feb
90
90%
51
30
90%
*19%
20 y4
7% Jun
103
29%
30
89%
'31
30%
51%
Shares
19%
31
*19%
42% Jan
-v
29%
*143
31%
507/a.
the Week
31%
51%
*18%
19%
*38%
15% Jan
21% Nov
34% May
15% Feb
27
51%
*18%
1
,49% Jun
Dec
31%
51
,rt
Balee fee
S per share,
per share
Park * Tllford Ino
—1
Par* Utab Consolidated Mines
1
—I
Dec
31%
18%
18%
x30%
Friday
July 1
'
June 30
t
I per share
share
42% Mar 30
2% Feb 28
21
6
6% Jun
27
i9ya
*13%
Thursday
June 29
June 28
s per
tper share
-
23% Mar 2
x6
Jun 15
3% May
33% Jan
24% Nov
8
0 39
May
Dec
23%
'
18% Jun 14
19% Jun
51
June 25
-
Jun 30
1% Jun
g
26% May
,.
34% Feb
5
95% Jun 23
5%Junl3
15% Jun 14
Jun
28
Jan
49% Jan
-
144% Jun 20,7
4% Jan
a
2% Jun
1
29% Jun 133% Jun 13
Apr
62% May
5% May
7
Feb
Jan
89
135
Mar
Jan
6
Feb 21
96% Mar 28
June £7
J per share
Wednesday
Tuesday
Monday
Pacific Finance Corp of Calif
10
Pacific Gas 8c Electric—
_2fl
Pacific Lighting Corp
No par
Pacific Mills
No par
Pacific Telep 8c Teleg common—100
6* prelerred—.—,
100
Pacific Tin Consolidated Corp
1
Pacific Western Oil Corp
10
Packard Motor Car
No par
Pan American Airways Corp
2%
Pan-American Petrol & Transp—S
Panhandle East Pipe L com—No par
4% preferred
100
Panhandle Prod & Refining
1
Paraffins Cos Inc com.
.Nopar
4% convertible preferred
100
Paramount Pictures Inc
1
54
34
21
LOW AND HIGH BALI TRICKS
Saturday
Par
(21)
RECORD
STOCK
EXCHANGE
21
Apr 14 v
33% Feb
3
18
CHRONICLE
.
$ per share
Feb 24
30% Jan
3
130
-
Highest
Lewwt
Highest
t per share
-i
YORK
FINANCIAL
"!STOCKS
Range Since Jan. 1
NEW YORK STOCK.
J per share
47y4 Mar
29% Dec
&
COMMERCIAL
12
12
.
-
■
11%
•109% 110
*18%
.100
,19
.19
12
600
5
200
100
20%
700
6%
51
1
10
8%
3,500
75%
f—
9y4
5%
3
7%
5,700
'
2,700
1,700
2,700
22
(22)
THE
COMMERCIAL &
NEW
Rsnfe Since Jan. 1
Highest
Year 1948
Lowest
STOCK
NEW
Lowest
Highest
YORK
22%
Feb
33%
Jan
Oct
Dec
15
•82%
4%
19%
'92
Feb
102
Par
5%
7
13
13
10% Jun
15
16% Jan
12
May 21
99% Jan
5
17
Oct
8
27% Jan
Jun
91% Jun
111% July
21% May
92
/ 110
5% Apr
Rexall Drug
Reynolds Metals Co
4% Jun
14
6% Jan
6
3
94
Oct
Jun
85% Jan
Dec
102% Jan
24% May
Dec
Dec
13% Jun
103%
92% Jun"
3
107
4
15%
Jan
49
Jun-
24% Jan
Dec
28
Jun
15% Jun 21
Sep
Feb
x3% Jun
23
5% Jan
July
29% July
13
10% Jan
7
25% Jan
21
Jun
28
36
Jun
15'
41
96% Apr 21
Mar
Dec
13
16%
18%
Dec
16
Feb
113
323/4
18% Feb
55% Jan
Feb
16'/2 July
48 Ya May
Feb
3
233/a May
1095/a Apr 27
351/a May 11
Jun
73/2 Jun
*
5
5%
16
48'/2 Jan
3
St
13
12 »/2 Jan
25
423/4 Jan
26
31
Jun
13
67
Jan
1303/2 May
87
Jun
13
122
Jan
25
Jan
101
78
Jun
9
91
Jan
19.
8
Feb
79
Feb
9%
Feb
,
9'/4 Jan
29
97/a Jun
87
14
221/4 Jun
14
46'A Jan
6
May
95
Jan
90
Jun
78
Jun
29
157/a Jun
*
87
Apr
83
913/4 Mar
943/4 Jun
14
Jan
5
86
Feb
7
26% July
13 3/a Jun
28
18% Jan
Feb
623/2 Jun
20 Va Jun
47'% Jun
10
55
16 Ya Jan
593/2 May
8% Oct
36'A Feb
Mar
31%
Feb
43% Nov
9%
Dec
12 Ya
5%
Feb
Feb
Dec
Feb
104
24% Nov
30
Feb
17%
Feb
46% Oct
273/a Jun
€8
Feb
79
9
Dec
12
Mar
28%
4%
14
Feb
y
46 3/4
Dec
14
3
HYa Jan
101% Feb
13 ;<
Feb
313/2 May
34
Dec
44
<15
Feb
113/4 Apr
,
13
:'j
May 18
10
18
Feb
143/4 Feb
M3
Dec
27%
2% Jun
22
29
18% Jun
97
.
Jun .14
19,
Jun
14
23% Jun
13
39% Jun
90
01
Sep
08
15%
Dec
26
14%
Feb
23
16% Jun 20
Apr *
July
Jun'
,
83% May 21
17% Jan
7
104% Jun
NOV
97% Jun
24
100%.Jan
24
3% Jan
"3
3% Nov
'6% Mar
«39 - Feb
5
52
8% Oc*
45% Aug
;
Jun
•11%
May
601
NOV
7% Jan
40
>Oct
Mar
53 % Mar
16% Jan
36% Mar
*
11% Jun
44
•
26% Feb
Dec
-Aug
42% Jan
25% Mar
'20% Feb
30% July
30% July
28% Jan
July
32% Jun
36
v
Feb
Feb
68%
62%
''
Feb
70
73
Jan
Dec
20% May
-4
Feb
-<
H
'"22
"
Feb
1
Nov
May
Dec
Oct
104
Jan
29% Jun
'
.91 %
17% Nov
Jun
27% May
86
Feb
109% Oct
97%
Feb
121
54%
61
Jan
26
66%'Feb
9
13
59
Jun 27
10% Jun 20
Jan
68
Jan
2i
Feb
13% Jan1
7
22% Jun
13
May
74
Oct
6% Jun
64
24
73
.Ann
13
10 Va Mar: 31
71% Apr 28
23% Feb
5
16%Apr
29% May
6
Apr 13
103% Jun
4
22
17% Apr 25
21% Jan
10
100
82
Jun
13
89%:May 12
18 % Jan
3
3
28 Va Apr 18
121% May 11
4
136
98 % Jan
109
Jan
55
Jun
May 11
73
Jun
13
Feb
67% Jan
53
jJun
36%Jun
14
69%
Feb
92% jun
60% Jun
13
35
42% Mar,14
74% Jan
7:
20
13
23% Nov
89
Oct
38
•
36%
•
Feb
Feb
jun
97% Jun
15% Oct
43% May
41% May
Nov
11% Mar
Jun
96% May
12
Jun
9
14
40
Jun
X27
Jun
10 % Jun
3
23%
Dec
36% May
jun
94
7
'Mar 10
16% Jan
18
Jan
24
38% Jan
13
35% Jan
97
100
8
44
<
15
39% jun
Feb
12% Feb
26% Jan
.
7
15% May
32 % Mar
88
7
13
1
Jan
18
40% May 14
Jan
6
100
24 % Jan
3
29
9 % Jun
17
16% May
Jan
27
July ,1
14% Jan
7
.
Dec
15
Dec
20
11%
Jan
.18
Jan
17%
18%
Dec
Dec
4
17% Mar 14
12% Feb
25
16% Feb
10
17 Va May 17
21% Jan
7
13
32% Jun
11%
120
Feb
?4% Mar
15% Jan
Jan
98 % May
70% Nov
50% Mar
113% Jan
9%
Jan
12% Apr
28% Jun
n% Nov
91% Dec
3
18% July
29% Jun
16 % Mar
9 % Jan
July
15% May
V
21%-jun
^-'26% Jua
43
For footnotes
July
see
page
6% Feb
90
7
Jan
8
52% Feb
10
117
9
Jan
Jun
17
14
7% Jan
13
30
18
94
Feb
26
61
Apr
13
119% Jun
28
11% Jan
8
15% Jun
22
17% Jan
13
16% Jun
13
19% Jan
7
36% Feb
14
43
24.
May 11
33/4
51/8
33%
5%
■
5%
*12
'
43/a
47/a
63/4
7
-
•
'
25%
25%
26'/a
24'/4
27Ya
801/2
3,800
243/2
27../
80
;
800
3,500
82
22 Ya
.91/4
-80 V2
*91/8
•9%
123/4
323/4.
5 Ya
5%;:t
2,200
*78
*12
•
200
16,500
10%
i
i;t
X323/4
123/4
33%
8
37 Y4
IOV2
273/a
„
80
r
.,
9%,:
32 3/4
.5Va
•
80
8%
ry
12 Va
32 Ya
.
251/4
25>/4
*78 »/2
12 y8
/
,
.-v.»'
900
.
,
4,500
V
9%
300
500
123/4
3/2
300
33%
4,500
*53/a
,
12 Y4
32'%
•
5%
1,600
y
Par
LOW AND HIGH SALE PRICES
-
Saturday
Monday
Tuesday.
.•>
k
June 27
June 25
5
r'r
2%
221%
'23
23
231/4
♦29'/4
301%
*291/4
301/2
*29 J
30
29
29Y4
19 Ya
30%
2OV4
19 Ya
20%
20%
99
99
99
*97
*163/4
*16%
1
preferred
—'
17Y4
*201%
21%
20
233/4
23%
23Ya
*84
853/2
173/4
*84
*96'/2
♦10%
M
"971/2
113/4
163/4
>•<
STOCK
14%
CLOSED
143/4
97%
EXCHANGE
98
*"■
;
-
14%
v
3%
7%
-7%
•
.•■7%
-■<
*53
29%
29%
f.
non-cum;preferred
—100
Mobile & Ohio stock'tr ctfs—100
Spalding (AG) «fe Bros lnc
1
$3.50
Brands Inc
4% ^convertible
Sterling Drug Inc
3%% preferred
Stevens
25
-
.
"
' 7
7%
673/4.13%
i
63%
-
v
*84%
:
'■■i23y4
27%
48%
.11
33/4
-
11
i
•
60
.11-
*11
11%
33/4
•
*3%
•3%
74
71
•33/4
.4Va
*3%
70
*67
<
21%
251/2
7
I
'7%
*21%
13%
-v
13%
143/4
*13%.
14..
281/s
27%
OO.
95»/2
843/4
843/4
14%
17%
37%
9%
•
683/2
i
♦841/i
1
143/a
28
*102.
-18 %
6,100
-
103
»
260
19 Va
853/2
4,900
M
■
200
*1243/2
1261/2
*1253/2
1261/a
593/2
59%
59%
603/2
373/2
37%
37i%
377/a
11,900
621/2
623/4
24,200
97%
:
41
63%
62%
63
211/2
213/4
22%
22%
223/4
97>/2
98%
98 »/2
99
99
13
13%
131/2
131/2
13%
13%
413/8
*401/4
i
*403/4
•
27%
103/4
383/4
39
.38 VB
383/2
98%
*97
98'/4
271/4
9%
*27%
S
9%
-
T4»/4
17
*101/4
271/2
9%
303%
*7
*92%
58
119%
14%
27%
'
*103/4,.
38%
*97
9%
•
30%
*143/2
17%
30%
7%
73/8
*921/2
58
571/4
*118
119%
58
*92 »/2
56
;
119
121
9%
9%
93/4
9%
9%
A
25
*15%
15%
*153/2
15%
*153/2
15%
25
17%
173/a
17%
17%
173/4
42 3%
42%
*42
7
7%
94
preferred
'
32%
32
18
423/2
»■-
8,200
,600
2,500
141 %
100
100
27%
273/4
.103/2
100
38 3/4
•
39%
6,000
*97
9%
143/4
9,400
*103/4
38'/2
9%
-173/4
'*40
10%
98%
28^8
14%
92%
,
28 Va
28
-
41% >
27%
*271/4
103/2
17%
•
17%
300
-
223/4
97%
'<\
13
263/4
-
30
5,200
38%
22%
•*97
.
24%
593%
103/4
I.
231%
200
l,50o
125%
973%
*40
23%
'
2,300
371/2
62 V2
preferred series B
423/4
5,400
"■8'/4
*67%
U4'
587/a
4%%
423/4
24%
VVYa
*124 3/8
38%
63'A
21 >/2
.
1,660
221/2
28
»
100
"70
'
(59 V8
••37%
4%%
12.50
:4 3/8
•*3%
124
"58
113/4
1
common
600
116
16
58%
..
84%-
23%
11%
120 %
•:
18%
84%
23%
16
58%
••
102%
18%
18%
11%
*118%
Inc
102
102%
.
8
€8
40
600
33/4
23%
275/a
t
•7%
671/a
•<
111%
21%
23%
•7%
16
ivs
,
'400
59
:
*67
67%
16
94
AYa
7%
<•*
*11
4,100
.463/4
•
*33/a
71
67%
11%
7
:
A,000
271/2
*46
•113
.
17%
9,300
33,300
59
21%
.
16
*92%
i
V
€8
11
100
Biscuits
;
24
x23%
-
3%
■
213/4
23%
16%
Class A 4%% pfd
series
*67
'21%
■11%
1
29%
.27%
•
48
16 Va
_No par
..273/2
45%
*59
11%
No par
Sunshine
271/4
59:
1
common
Sunray Oil Corp
27
*273/a
*30%
7,100
1351/4
X124
-27%
14%
29%
^5 '
115
■983/4
MO
-
31
♦H21/2
39%
10
29%
353/4':
2,000
40%
114
103/4
.27%
29%
34%
•600
30
297/a
*39 Ya
^30%
23%
28
38%
.
-
200
•12%
*1113/2
*12%
*10%
...
-
59
62 V2
1
'
30
100
'54
♦12Va
29%
♦48
;
<48 '/4
:
•49
54
'/2
24
i
5
*97
12
8,000
*45
.
54
i/a
500
3,000
73/2
112
40%
■
56
*533/2
12
31
18%
13
40 %
*27
•£'
•.
33/4
7%
»
.73/8
♦45
54
.12%
*1021/2
64
122
1
common
1,400
851/2
xii2
_No par
$4.50 series A preferred
-
3%
:
35
.18%
18%
.97%
12%
•v3%
28%
\
102%
v
59%
97%
.98
34%
1.
"
50
-No par
?
,-JJ
35%
f .1023/4
■■
126%
22,
.73%
20
Corp
Corp
291/4
f
28%
243/4
53%
,
7%
14%
*97%
3%
■I
45
12%
;
28 Va
37% -"..37%
10
5
<
21%
114
126%
25
oommon-
Studebaker Corp
Sun Chemical
24V4
114
j
No par
25
15
5% prior preference
Stone Ac Webster
Sun Oil Co
*84%
7%
45
27 Va
3%
77/a
.
-
*53'/2
/'
60
11
25%
18%
•85%
•
rJ*
'*59
687/a
14
;
103%
—
30,500
;98
3%
30% :
•
Stokley-Van Camp Inc
Sunbeam
*137/a
<100
•
M47/a
98
143/8
93
401/4;
*33/4
18%
(J P) Ac Co Inc
*
25%
-No par
Stewart-Warner' Corp
14%
•14%
29%
*67
103%
——
700
x30%
-22.,
No par
common
100
11V.
•/'
••
46
28%
70
22
■
34%
28%
preferred
'981/4
107/a
*39%
48%
No par
Starrett Co (The) L S
Sterchl Bros Stores Inc
97 Ya
11
293/4
4
*67
•1
1
1
99
107/a
'-40%
.27
*28%
Jersey
*963/2
11% ;
*393%
30%
3%
4
7%
preferred series/A
ilOO
Standard Steel Spring ^common
1
971/2
-.29%
,11%
*67%
3%%
*843/2
307/8
.
59,
*3%
1
Standard Oil of Ohio common
851/2
29 Ya
49
-No par
5
Standard Oil of California
Standard Oil of Indiana
*841/2v
403/2
'
.
,28
11%
—_1
,
II
*48 <-•:
59
u
New
K
.No par
—Nopar
Standard G & E Co $4 pref—No par
$6 prior preferred
Nopar
$7 prior preferred
No par
Oil «f
"
INo par
1
com
85 3/2
303/4
'
.'35%
2
preferred
Standard
29%
35%
27%
common—NO par
5%
Standard
600
25
•
293/4
30%
ii
common-'
:200
20
233/4
'
*393/4
41
30%
.17.50
*45 /:
29%
*39%
-
25
-No par
Squibb (E R) Ac Sons
$4 preferred
;
*19 V4
233/4
14%
54
Conv .$4.50 preferredSquar- D Co
3/2
M91/4
*3%
12%
J
; 17
800
*103/4
;
7%
*12
Sperry Corp (The)—1
Spiegel .Inc common—
101
*17
173/4
200
f-14,300
193/4
35/a
12%
Sparks-Withington Co
100
1,000
iy
233%
*973/2
i
>;
■
54
Spear Ac Co common
$5.5o. preferred
Spencer Kellogg 6c Sons
:
100
*16Ya
193/4
233/4
*841/2
4.
98
3%
49
Railway
163/4
X19%
14%
*97 Va
3%
w.;
12%
Co
20%'
:2;3bo
"K-
*96 3/2
HYa
54
Pacific
20'/4
'23/4
2 3/2 ■
2Ya
'
*45
„
'2%
X100
23'/a
85%
97'/2
50
-
./23/2 M 2%
,
20%
*23 3/8
*103/4
Shares
20Y4
207/a
'*961/2
;
23%
993/4
-100
the Week
'
22 %
201/4
—
galea for
July l'f?
t per share
22 Va
991/4
—29
Friday
;
June 30
t per share
22 Va
__15
-
Thursday
-
,
2%
No par
-
June 20
$ per share
21/2
22
*293/4
Wednesday
;
if per share
2%
22
-.Nopar
June 28
■r
1 per share
tper share
51/2% conv,preferred
-50
Southeastern Greyhound .Lines5
,
'0%
-
.
7
29% Mar 80
28
,
'May
24% Jan2*%.J
Jan /.'5
13 Va Jun
s
801/2
83/4
•
333/4
53/8
No par
preferred
Southern
,
7
36%
11%
1
Co-
Southern
7
14
21% Aug
19%
7
9%
121/2
32 3/4
,
7
Jan
45% Jun
(
49YaJan
41
5
23% May
29% Jan
*8Y4
*12
15
-
South Porto Rico Sugar Oom.No
par
8%
preferred
25
%"May'31
13
Mar 22
1
Feb
79%
%Jun .14
4
Jan
*771%
*77'/2
1,700
■
23%
27
Southern Natural Gas Co
Rights
7
.Jan
24
26Ya
3
May
6% Jan
29%
23Y4
80
3,100
*71/4
82
26Ya
251/4
17
39
37Ya
r
•4%
*78
300
17
63/4
27
34
'
-
6Y4
82
24
Southern California Edison
,
63/4
41/2
*78
,511/2
*50
103/a
25%
5
3
43%
63/4
82
10
2,200
39
373/4
26%
40
May 23
307/8 Jun
'
5%
t
18.
47/a
6%
.
V2
1,100
M.
13 Y4
13'/2
73/2.:
373/a
♦10'/a
4'/2
■
24
32Ya'May
Feb
10 %
253/a
South Carolina E & G Co com-4.50
,
39%'Jan-*10
6
*78
71/2
7%
37Ya
10 Va
251/4
South Amer Gold 8c Platinum
.
*4 3/2
*6%
37
'
27V4
7,
3 %
73
Dec
95
26
87/«.May
M% Dec
'01 % Mar
15%
3 :
14
7
13%
87%
;
v
70
100
50
13
503/4
16%
500
vr
95
*85
383/4
24'/2
Socony Vacuum Oil Co Inc—
15
(Solvay American Corp'4% pfd—100
46V2.Jun.l3
58%:May 5
14 Va Apr 26
7% Jun
Aug
•
'20%
1
16 Ya
26%
5
*
Dec
63
,
25 % Jun :i4
July
Dec
12%
10Ys
783/4
*943%
f
38
■;•>',
25%
29% Jan
50% Jun
•05%
37
7
92%
127/a;
503/4
51%
241%
36% Jan
•
J43%
<33%
13
*49Ya
17
10%
4.20% "preferred
—
.100
Smith Ac Corona Typewriters-No
par
4% Apr 16
8% May 5
V.
38
363/a
j.
3%%
8
•
133/4
163/4
73/8
Smith
('A O)
Corp—
'
w10
Smith (A) & Sons Carpet Co com—20
88%'Feb
3
100% Mar 25
17%. Jan
13%
38
11
Sloss-Sheffield Steel 6c Iron
.Jan
7
13%
17
37 Ya
NEW YORK STOCK
Simmons
31%. Jan 24
14
86
c
I
Sinclair Oil Corp
Skelly Oil Co
14% Jun
■
86
12 Ya
13%
5OV2
101/2
Silver King Coalition Mines
127%.'Jan
21% Jan
Jhn
>
par
Simonds Saw Ac Steel-
3
13Ya *
*63/4
v-y-M; ■'
7
95% Jan
lOV^Jun
943/4
553/a
92 3/2
94%
12 Ya
r
1,100
8,000
78 3/4
v
'
20
10%
r
♦54Ya
923/4
78 3/4
86
12Ya
*84%
367/a
EXCHANGE
Jan
25
>■
•
•
24
12%
55
78 3/8
95
8OI/2
-25
923/4
*
w—
12,300
•25%
10%
i
.
•:
V70
•
6%
*79
IO1/4
25%
55
>
78
*94'/2
86
101/4
557/a
6Ya
6%
803/2
25
'
.pref series A_ —No par
—No pat
G)_
1
(W A) Pen Co
'
36% Jan
14
'■
83
*79
;
1,700
92
93
78
34
331/2
*88
*78
IOI/2
*91'/2
5,800
83
6V2
25 Ya
"*543/2
8Y4
90
par
Shell Union Oil Corp—
,
27%. Jan
80
10%
55%
341/4
,
190
2,300
v;'
8Ya
8Ya
7,800
.
39%
39
!'
4%. Jan 12
May 31
July 1
80
39
4Ya
1,200
*88
6%
17
63/4
500
9%
*78
•':■!
• 243/4
•
$ per share
6
25% Oct
35% Jun
Dec
96
f per share
6%
■i
34
83
10%
50'/a
82
1,800
.•400
97/a
8 Ya
90
381/4
4Ya
11%
163/4
48'/2
9.3/2
:
48
9%
331/4
.
*7*1%
5
5 y Sheraton Corp of America-
Apr
33'/4
*88
173/8
63/4
11%
*16 3/3
*47 Va
16'A
48
8'A
40
*78
11
-
X161/4
:
22 Ya
8 '/a
—No par
(Frank
Sheaffer
t
513/2
11
y
23
•243/4
131/s
13%;
39Y4
STOCKS
Jun
Dec
133/a
Gas
17
112
5
&
10Ya
22%
6%
12 Ya
conv
Shattuck
10
6
Oil
100
'
*1107/a
83
*84'/2
—I
500
98
*21
23 3/8
951/2
13
Co
373/4
*97'/4
393/4
*94
95'%
86
1
*37%
98
1111/2
79
*843%
—
100
373/4
22%
93
*12%
of Del-— —No par
Co
23
*373/8
*973/4
*
39'/8
*78 3/4
100
preferred
$3.50
,
21
3
Jan
U0
*94
♦21
37»/a
23
1103/2
33
93
Ya
2,400
39
807/a
(The) common__5
Sharon Steel Corp
—No
Sharp 'Ac Dohme common— —No
Mar 11
Rang* Sine* Jan. 1
Lowest
Highest
May
160
100
preferred
Shamrock
.
393/4 Jan
8
Jun
Jan
$4.50
7
83
.
5
32% Jun
92% Feb
78
2,400
73/4
111
90
*54'/2
93
79%
—
3Ya
221/4
10 »/2
54
*921/2
100
Servel Inc common
5
377/aJan
13
30
7% May
36
Co
Roebuck 6c
■
Dec
54
No par
Seiberling Rubber Co
293/a Mar 31
,
10
-$$ per share
25
-No par
common
15%
383/4
%
24 Va
,16,900
-
3Ya
110 »/2
8
*80
103/4
440
1,100
73/4
'
22 Ya
6 3/2
25
♦15
.
300
7f
7%
23
1111/2
321/2
807/a '
24 Ya
1053/2
39'/2
*77
■:7;.:7;,
92%
1051/2
98
'
6%
80%
1.75
Seeger Refrigerator Co
5
4
Highest
3%, Dec
Sears
'
-
■
6 3/2
,.100
Seagrave Corp
y
7
13
15
Year 1948
Lowest
Elec
Seaboard Oil
Range for Previous
$ per share
5
common
46%
*903/4
151/a
37/a
33/4
73/a
10
*88
'
83
*15
7%
*9%
7Y4
"
series A
15%
33/4X^
46%
39
337/a
*45
:
'
105/a
22
46'/a
7,600
35%
46'/a
1113/4
88
*77'/4
*17
8'A Jun
:
33'/2
88
100
L.100
*45
37% "
367/a
343%
*161/2
83/a
*491/4
Jun
Oct
Jun
8%
Seaboard Finance Co-
5
8
7Vi Jan
.
391/4
com v t c__No par
series A 5% vtc
100
-
18
77
223/4
1113/2
,
22% Jan
Dec;
221/a
391/4
1,100
*
36%
34 Ya
-
100
:
5
33 Ya
37'/2
,,
2,400
'
14
*973/4
9Ya
5
14
10Ya
>
8,000
-
.
.
141/4
16%
9%
43/4
19%
100
*133/4
45 V.
97/a
*110 3/2
CLOSED
193/4 Mar 18
8Apr
153/i jan
STOCK
EXCHANGE
^-10*
preferred
3.35%
HYa May 19
6'/2 Jan
7
x23
5
100
-
471/4 May
397/a Jan
243% Jun
93/4
4
61/4 Jun
36% Jun
5
4%
•
19%
*99 V.
911/4
16%
•
-V-V
■;
1051/a
45'/.
16 Ya
46
7
13
Jun
10Ya
11
•:
91 »/4
*21
11
1
4Ya
4%<7
36'/2
-
341/a
7'%
371/2
.■■■'"130
105 Va
*14'/2
98
923/2
'.14-'-:'
33/4
-
1,800
*9l3/4
i9'/4
4%
100
113/4
r-
33%
«•
>7
11,200
11%
.;
99'/4
993/4
91
i-,714
21
37 Ya
977/a
l63/4
Mfg Co.3.65% -pfd
Scranton
21
37 Ya
97 Ya
45'/a
Co
4.40%
23
37 Ya
Seaboard Air Line com vtc —No par
',;■; 5% preferred series A—
.100
14
77
♦21
♦973%
,
27
4 '/a Jun
Jan
25
20
common
Paper Co
4.30%
i
7
9% Jun
:
.
7Ya
11
Jan
337/a Jun
July
83/4 May
143/4 jun'
'9% Dec
94
53/4 Jan
33/4
73/a
*
100
$3.40 preferred
Scovill
20
44
5
151/a
33/4
7Ya
*10 3/2
30
3
Feb
15%
*141/2
37/a
Schenley Industries Inc
Scott
8
Jan
13%
35%
153/4
37/a
7'/2
7
12
Jan
12 Ya
♦143/4
1
1
Paper Co
1st pfd
553/4 May 20
x96
Jan 13
943/2 Jun 30
■
,333/4
No par
preferred
Joseph "Lead
St Regis
5
30 V2 Jan
32 Ya
St Louis Southwestern Ry Co
5% non-cum preferred
7
May
12'/2 Jan
17
Apr
?
NOV
Oct
•
1
Jun
9i%
Nov
Dec
79
80
.51
;
12
v
35% May
393/a Mar
871/2
63/4 Jun
t
15'% Aug
251/2 Mar
88
Jun
341/4
com
(The)
(Jacob)
Preferred
58
133/4 May
911/2 May
333/4
•■
■
•
Shares
17Ya
94
1053/2
105%
:
45/a
19
46%
*903/2
:
7
36%
*45
1053/4
14 3/4
St L-San F Ry Co
J
90 %
1053/4
14 V.
Metal Wks Inc new
Safeway Stores
1133/a Feb
/•: 901/2
92 »/2
187/a
4Ya
17%
*92
*913/4
;;
101
363/a
•
173/4
11%
Sale* for
the Week
g per share
;
94
11%
45/a
,
•43/2
46%
90
105
90
104 7/a
No par
,
Ruberoid Co
Ruppert
36 Ya
.*45
14%
Royal Typewriter
3
8
35%
.
43/4
14Ya
preferred series A
Ronson Art
*41/2
No par
Corp
4'/a
18 Ya
7
*991/4
1
Company
4%
'May 17
.
Manufacturing Co
Rohm 6c Haas Co common
12% Mar 12
3
16'/4 Jan
Jun
61%
•
f
8'/4
13
Jun
8% Jan
Jan
21% Jan
Sep
393/4
13
39% Apr 25
27% May
May
72
8% Dec
3
98% May 17
10% Jun
100
Roan Antelope Copper Mines
Robertshaw-Fulton Controls
4%% conv preferred
20
Apr
100
series
Oil
:
371/4
series
92%
193/a
43%
17%
*92'A
11'/a
99
43/4
17%
7 *913/2
"Friday
July 1
June 30
t per share
94
7*11%
.
43/2
187/a
99
461/a
4.50%
Richfield
4'/a
19%
99
36%
3.60%
Ritter
5
7% Jun
7% May
12
Feb
5
43/4
19%
♦453/a
Preferred
12
Jan
21
4%
17%
*92
99
10
Preferred
Rheem
92 Va
10
Common
9
38 Ye May
3
2.50
No par
com
1
,,
13
92'/a
100
Mar 25
19% Jan
13-
Inc
convertible preferred
Reynolds Spring Co
Reynolds (R J) Tob class B
,
46% May 27
Jan
17%
r
5%%
37% May 26
7
1073/4
921/a
'
100
3
42% Mar
17
92
preferred
18
34% Jan
54
113/4
20
50
19%
113/4
Jan
41% Jan
6%
113/4
103% Feb
Dec
4%
•lli/a
5%%
28
Dec
-80
i
Revere Copper 6c Brass com__No par
25
43
*17
17%
173/4
Thursday
..
tper share
92
Feb
33%
103%
17%
11% May
Dec
June 20
92
4% Jun
"23
Wednesday ;
Sper share
177/a
99
14
Sper share
93Y4
187/a Jun
Jan
Tuesday
June 28
♦92
May
104%
June 27
t per share
Republic Steel Corp com
No par
6% conv prior pfd series A—100
Jan 31
29% Apr
Dec
NOV
Mar
Monday
June 25
Monday, July 4, 1949
RECORD
Saturday
STOCK
EXCHANGE
t per share
f per share
t per share
'
103
CHRONICLE
-STOCKS
Bu|« for Prevlou
$ per share
YORK
FINANCIAL
983/4
29%
•
29
6,100
Id/*
•10%
11% t
111/4''
113/4
16
161/4
16%
14%'
147/a
15
17%
32'%
173/4
18'/a
17,100
32
32%
1,400
7
'•
:J
3^2
7%
I
1,600
4,000
700
2,600
7 Va
1,000
94
921/2
93
20
57%
57
57
2,700
120
70
119
*1183/2
9%
9%
9s/a
97/a
*151/2
15%
17%
*15%
15%
17%
*421/4
42%
18
18
423/4,
43
8,600
-
1,660
800
THE
Volume 170 ; Number 4817
COMMERCIAL & FINANCIAL CHRONICLE
NEW
Range for Previous
9
Mar
13 3/8
Dec
8%
Dec
8%
Dec
•
LOW AND HIGH 8AXJE PRICES
share
>105/8 Apr
*>'
*-•
Sunshine Mining Co.
14
168;
7% Mar 25
127.
$ per
Par
.
California—
15
Jan
11
Superior
15
14% Jan
12
17
36/
Jan
Jan
/
71/4 Feb
5
01
,81/2 Jun
Jun
„
0
89/ Mar
5V4 Jan
14
Swift &
25
i
12 « Feb 21
-,.■24% Jan ; '7
801/4 Jun 29
35/b Jun
32% Jan
:
30
'7
9% Apr 26
?
14
17% Jun
/Aug
7% May
.
25
"i 273/8 Jun. 14
Jan
26
43/4 Mar
4 per share
Swift
•
Oil
of
Co-'
i
u,
International
25
8%
Ltd
:7
*
■
8%.
*7%
287/b'
.28 3/8
-
>
/
>28%
■
93/8
18%
81-,
—
'
*■'
'•>.'
-
9% Mar
>'
33A- Dec
,
■
;
52
11% May
5% Jun
./
147/b Mar
Nov
15%
9% Jun
Nov
14
23A Jun
14
4&y8 Jun
«10% Mar
"6
133/4 Jun
19 % May
67
Jun
-
13
Talcott -Inc
7.
AV\ Jan
7
Texas
Gulf
25% May
71% July
11 % Jun
14
Feb
56
Jun
14
65% Mar 11
Texas
Nov
25
16% Jun
14
23% Jan
Texas
33% Feb
7
Oct
*
Feb
48% May
45 3%
Dec
;.653A May '
10%
Dec ,.i
143/4
Dec
"
-I
x
5%,
f
Dec
"i
123/a
•
Dec
25%
•
Apr
I-
"7
Producing CO—
47%
6%
Dec
*„ 13%
Apr
;
24
7% Oct
10%
393/4
Feb'
85
Feb;J
19% Mar
Feb
951/2
Jan /
17
Mar
10
■:
Dec
86
.173/4 July/.;
Dec
92
Jan:,
^'/a
Dec
14 5/8 Jun
7
7% Feb
23
Jan
19% Jun
13 % Jun
1. 37% Jun
1
Jan
6% Feb
■\
■
98% Jan
*
16% jun
39% May
Feb
Nov
Jan
110
98
90
Nov
793/4
45% Sep
31% Jan
11%
12 y8
12 ya
123/a
12%
13 y8
13
13%
6,000
573/4
573/4
581/2
58 ya
583/4
59
59 Va
2,000
16%
163%
16%
17
17
171/4
17
17'A
39%
39%
39
39ya
38 %
39
39
39%
39%
40%
*38%
8%
;
13
30
101% May 31
20th
1
17
"31% Jan
111
■;> 947 Jan
13
7
? 25 % Jun
92 7
13
731/4 Jun
14
31'
2
Co
•
/
89% Jan 21
: 51% Feb
15
36% Jan
5
Carbon:
11
Oil
com_
Year 1948
t
i
■
t
,
Lowest.
per. share
>
103 V*
"l*westx\;;
'
: ,'
1103/4
20% Jun 13
-
109
13
'
•
61% Jan
3
/ 10% Feb
16
15% Jan
Feb
38%
Feb
36
Nov
Dec
*
38%
130
2%
2%
2%
2%
*2%
23%
500
*15%
15%
*i5ya
15%
*15%
153/4
200
>
8 3/a
8
401/4 Jun
33A Jun
21/4 Jan '
2%
'720%/
105
J
'
383/4
! ■•'
11%
.
*3%
3%
*3%
3%
31
/, '7%
*100%. 101%
10%
♦10%
23%
•
•
20%
105 7.
1-5
383%
i;
100!
*243/8
7.6%
;
1003/4
10%
6%
45
28% Jun
Jun
15
Apr
'45% Apr
35%
*99
100
25 3%
,
>
7
18% Dec
[* 101/8 Feb
24
11% Dec
21% Hay
463%
I!
19
32% May
101
-
v
l
am p#r
4'%
-•■•
t'i:
•11%
22
par
v
rv.
>
36 y%- ,'36%
No par
»io9ye
94
Jun
Mar
Jan
■
36»/a
*109%
.
7
*94
96
89%
*881/2'
:
27%
77
781/4
Union Tank Car Co—
49% .,493/4
No par
.33%
33%
•.
.
49
'
49%
•
33%
•
,
100
,
27
5
200
53/4
4%
9
*e3/4
:
9
*83/4
40%
40%
*401%
*103,4
11%
•ll"
;r
22%
22%
-
8,300
.
.
1
111/2"
22
V
500
11,000
i'40%
223/4
■?
300
5; 900
25,800
36 >/8
363/8
109%
109 %
90%
B8%
SS
26%
^8%
76%
77%
773/4
50"
49y2
50
2,100
33%
333/4"' 34
600
273/4
281/2
*94
'f*
77%
49%
50
33%
♦
33%
;
-'36
49%
37
*110%
97
*33%
■.*
110%
40
<'
50
97
*94
•
891/4
891%
28%;, 29
4,400
»
178 %
2,800
"7 :
'
Thursday
June 30
>
4 per share
21
100
12% Jun 28
Friday
,>
,
-*
Sales for
the Week
July 1
4 per
share
Shares
17% Jan
2%
■♦40
Jan
Jan
■I 3 5/a Jun 13
Jan
15% Jun
113/4 Jan
v
3
93/4 May
53% July
38
Jun
19% ;
52% Jan
12
71/4 Jan
July
373/e May
94
19
'183/4
13 '/a
90%
'*63/4
*19j/8
r
14
140%
x20%
21%
*87
90
35%
26
37%
72
68
68
241/4 May 14
21%
215/a
1293/4 Jun
129%
8
-8
1297/a
129%
Mar 17
Jun
8%
Dec
123/a May
85%
Dec
98%
140% Jan
Jun
61/4 Jun
4
21% May 19
383/4 Jan
3
433/4 Feb
41/4 Feb
24
8!%
8% Jun
80
14
85% Jan
2% Jun 29
Dec
34
Jah
21
Feb
20
Jun
12 % Jun
12%
14
10 3/a
Jun
4
8
Feb
23% Jun
Dec
May
15% May-
70
May
25
156
Mar
10
3
7
170
■
24
19%
41
45/a
43%
2%
*22%
14%
133/a
4%
22%
♦164
14
"4%
4%
*22%
22%
166
165
.
8 3/8
8%
% May 19
54%
54 y4
Norman
Raalte
Co
Co
Inc
2.50
10
P
.../
4fife
*78%
'
82
*2%
24%
8%
8%
6%
27/8
Jun
130%
19%
*40
41
*78%
*13 3/8
Vanadium Corp of America—No par
page
•
97/a
82
10% May 18
:> 55
130J/2
19%
•
*4%
*22%
7
Van
see
43/4
8
Jan
5% Mar 30
5
Feb
43 % Jan
43%
*83/4
*78J/2
7
22% May 19
17
•
Mar 29
17% Jan
3% Feb-25
Feb- 25
19% Jan
*45/s
21%
130
"
19%
*40
41
'
68 %■
20%
4%
*
Van
footnotes
130
-
19%
19 7/8
*40
5% Apr 28
101/2 Mar 30
Apr 29
16 >
170
;>
16
363/4
*663/4
21%
20%
*36%
68 Ms
*67
1
22
Dec
26
18% Jan
.
36%
36%
373/e
46% Apr 18
13
42s/8 May
61/2 May
35%
.114% 115%
Jan 21
13
19% Jan
15
1
64 3A
643/4 Jan
Feb
17%
8
20 %
201/4 Jun
Nov
4%
•
4
—_
17%
*4
88% Feb
Apr
37
7:
*44
47
:
3
.
2 3/4
?4%
*22
133/8
*135/e
4%
43/8
•22%
■
*22
*164
165
8%
55
,
V
8%
♦54
193/4
19%
253/4 Mar
36% Jun 28
94
179i/a
7
71/4
83/8
'
-
13%
94
*177
'
58 >
58% Jun
97
13%
13%
40 ]/4
Jan
21
21%
20%
*95
93
*7%
43
20
*i83/4
>
47
*44
191/2
20
179%
.♦177
59% Feb
;
193/a
20%
*57
133
—
203/4
16
481/4
.111/2^113/4
•'
97
*39%
13
72
.
18
112% Jun 13
Jun
20%
*95%
14%
49 s/8 May
137% Jan
33
20%
*16%
8% Apr
19% May 3
82
Apr 29
May
11%
V
34%
47%
193/a
11%
21
Jan
15%
34%
15%
491/2 Jan 28
13
58
5% Jan
21
*3%
*46
35
48
161/8 May 18
13
Jan
1
♦193/4
> 8% Jan .24
> 57
Jan 27
21% Jan
7
31/e
4
473/4.
15%
•
♦40;
3%
47%
•83/4
82
2%
24%
13%
4%
22%
166
9
55
:•-;
,
211/s
21
'
»
|
3,800
200
105%
105%
193/4
4%
*4
*16%
17
15%
>151/4
*71/4
40
.
.
83/a
401%
*57
59
21
21
♦87 ' ;
35
1153/4
12%
.
12%,;
90
355/a
1153/4
,
;
8,800
,
*69%
72
200
<
23.
23
1,100
.
♦101% 103.
43/a
4%
331/8
43/a
•2%
40%
*34%,
20
May 25
17% Apr 28
....
♦46
183% May 12
6% Jun i 6
223/4
103%
*30
23/4
1
8
IO41/2 Jan
73
33
31%
-♦30
May 17
10
43
12%
*102
16
*7
13
Jun
106
.*
'
113/4
7
Jan
.»•
211/s
♦105%
20
175
8%
For
3^00
12,200
A
iioya
96 7
-'
3
39% Jan
X89V4 Jun
21%
7%
>
100
4%
26
;
23%
36% ; V
*5%
*24%
'
>
:
:
v
333%
23% Apr 18
.23% May 16
7
36
42
J.0%
10 y4
*99
53/4
4%
:>
•
77%
27%
703/4 ;7
24% Apr 13
20
423/4
Feb
120
36i/4
.
*94
-
>
22%
7 213/4
1
35%
273/4
273/4
'78%
7;
22%
35%
7
Jun
17% May
Feb
100
*24%
.9
41
3%
Jun
76
Mar
10,300
23%
11%
♦33/4
21% Apr
12% Jan
6
118% Feb 11
Jun
24% May
4
.
71%
100 y8
*353/4,
♦5%
4%
'
:
7
179
19
10%
*99
V
:
403/4
*11
••.89%
91
*89%
50
7
96-
1':
X9
i
:
109 7/6
21%
7
>
77:109%
109%
-
*94
7
*10 3,4 ■••■llVi *
-
22%
11%
(9 %
7'-: 403/4- "403/4
740% ,741"'
r
6
7
1133/4
150
100
7
23i/t
26
'
•;. ,4%
4% 7
9
9
i,
4%
2
543/4 Mar
93/4 Mar 23
19% Jun
Dec
3,300
.6,100
"
100
35%
18
.22%: Jan
6
2%
7
231/4
7
5%
*243/8
I
'
*43/8
3% May
65
22
41/2 Mar
121/4
> 35%
100
.
5%
53/4 Jan
;/
22
Jun
:
133/«
*11%
100%
V
t 10%
231/8
4243^
V 123/4
"
*100
101/4
223/4
5%
>
13
12
12
-
63/4
1001/4
*35%
*5%
25%
10%
10%
1,600
,
♦ 10%
'
10%
.103/8
■■■I : 127/a
233/8
-•*99
77*5% -75%
3,800
39
12
35%
10%
500
.15%/r
15%
39
103/e
,
6,000
;
;
15%
12%
'.223/4
.
,
105
38%
'
127
*35Ve
7'
300
•213/8..,;;
*1041/4
15
*12%
12%
700
800
313/4
20%
i..
38 3/4
:
c
Xlt)i/4
ill 7.7
;
♦30%
20%
: 105
*nya
10%
12'/4
35%
*35%
*99 "
;
,
■105
37%
37
32%
'7-20%'
15%
38%
i
'7 7 7 6% ,76% .a
i TOO 1/4 1001/4
23%
*30%
'20%
,
38%
>•*11%
.
3%
43/a
3% Apr.
3
34s/8 Jun
.
200
87 >/a
*104%
,
14%'" 14%
:•'
713% 7o
12.
31%
20
105
"•■••■
♦86%
2%.
•301/4
;■
.
333/4 Mar 17
13
x44i/4 Jun
129% Mar
,
87%
7% Jan 12
peb
:38% Jan
24
Jun
Dec
8
8
37%
*861%
; - 223/4
3
58% May
23
May
63%
1,300.
,
'*36%
36
•69%
2% Jun 13
Jan
82%
Jan
37% Nov
8'/a
5
,
■87%
36
26
?
13
29% Jan
,
3% May
9
May
60
Dec
16% Feb
Feb
».g
5
*861/4
351/4'
23% Apr 28
104% Jun 10
Jun 27
29% Jun
July
55
Feb
48
131/4
37%
Mar 24
74!
43/8 Jun 28
f
5% July
41
Dec * '
2% Feb
37%
*12%
43/4
'
Dec
4%
13%
38%
-14% Mar 29
2%
550
*12%
26% Mar 30
14
IO1/4 Jun
27%
3,800
# per share
104i/4 Jun
29
6%
29%
'
Jun
6J/4
63^
29%
43/4
>* Highest / •
t per share
103
:f:
t
■
>
$ per share
30% May
Nov
||
i!
6%
30%
*37%
itange Since Jan, 1.
•
800
61/4
?
Highest >
3,700
..
'
Mar 28
:19V* Apr
57% Nov
90 % Mar
19
Jan •>• 23'/4 Oct
t
135/8
•"
Nov
v
>
,
133/a
''
'* 22% Dec
> 0%
.
13%
*29%
5
'
_1
*/4 %• non-^um''preferred-^.—.50
39/.
-
12%
$3.50 aeries——No par
of/California—w-i——25
Pacific RR Co
300
91/4
38%
v
31
V
14%
'='•
■
*11%
Preferred
Union
9%
V
131/4
*4%
87% 7
r" 2%. '
,
.
20%
14%
_No par
No pat
Bag & .Paper Corp—No
6%
30%
*12%
'?■
15 ya..
8
31%
*38%
-5
UnEl CO Of Mo pfd $4.50 ser—No par/
Preferred $3.70 seriesv.;
No par
4t600
391/2
*38
9%
*37%
2%
*81%
3% .73%
,
Asbestos & Rubber Co——5.
/
6%-
5J/a '7
2%
35%
•
35%
87%
20%
No par
—
&
30%
•
38
15%
'6%
35%
31%
common^. __1:
Union
13
Mar 31
Corp
383/4
,
13%
13%
13%
l;
"•
9
'
■
_No par
Union
-
'.
'
*104% 105' 7 '
City Rap Transit com—No par
-50
5% cnnv prior preferred
"31% Apr / 5:;> Union
Apr 4«
♦48
Apr 7.47
38
15%.
*8
9
;
.
131/4
4% A-
'
2% '-
1*373/4
383/4
9
•€%
.30
*12%
5
*15%
V
—_No par
42 > Jan i->7 W Union: Carbide
13
53% '
38% 77
72%
*373/4
7
-8%
13%
30
*86 V*
No par
TMyllte ,C6r» (The)^—
Underwood Corp >• 7
,6
7
-
■
-13%
5
38%
'
13%
77
6
*12%
2—7-—No par
com„ -10
Century Tox Film coin
Coach
8%
'
preferred
Twin
7
12
Jan
STOCK
EXCHANGE <
CLOSED"
Twin
-
ioy2 Mar 17
*46.
6
7
—1 \
com__No par
.vf $1.50 conv preferred# $4.56-Ptior
preferred.-
293/4 Mar 14
6% Jan
$6
2,700
..
-
*
30%
-
36.7
J.
-
13%'
30%.
.100
Truax-Traer Coal Co—
734 Mar 14
.
Jan
-
»
Bearing
Corp 2-.—
Tri-Contlnental
*
9"/'
'7 6 7'
No par f
Transamerica
38
39%
13%
7.___ -50
preferred2—
Roller
,
V*
_L_—5 7
13
12% Apr
Jan
«
100
700
10,400
51
57%
Timken
9
.8
86% Jan
41% Jun
.
50 3/8
14%
17%
Range for Previous
y
503/4
50%
200
•,
3%
,
♦i4ye
573/4
No par
u—
preference
$3.75
-
-
10%
*3
3%
14%
12%",
Timken-Detroit Axle-—
4
17
•94
38% July
96% July
',<51% July
i
24Va May 16
35% Jun
8% jun 14
Jan
21% Feb-,
Jun
7 15 % Jan
4un 20
jun 13
333/4 jun
$3.50
-
10
10% Feb
107
Jun
Nov
.
.
-19% Jun
Jun
Feb
80
•*
17
Tide Water Associated Oil
1
39% Jun
;
431/4 Nov
Oct
.
91
■
24
59% Jun
37%
>3
12 %
No par
common
14% preferred.
Thompson-Starrett Co
•
7% Mar 30
"3
:.(* A1/*
Mar
103
13
4% Jan
t
141/4 Jan
275/«
"
573/4
Transcont'l & Western Air Inc.. —5
6
12
503/4
Transue & Williams Steel
:3
Jun
Jan
12
9% Jun 13
19% Jan
32% Jan
Jan;
Deb
50%
716% Feb
10
36%
Dec
50%i
,13% Jun 24
11
Dec
103
19
4
98% Feb
,
7
43% Mar 30
.
13
,
9
13
25% Jan 21
,
.;105%Jun
19
Jan
11% Jun
Apr
10% May
107% July
19% Aug
Jan
6
,323/4 Jun 21
3
13
■
May
9% Mar
49%
Oorp.No par 1
Thomas Steel Co; (The)
__1
Thompson (J R)_
;
..15
Thompson ^Products com
No par
3%;Jan.; 8
14
102 3/4 May
Jun
9%
45% Jan
;89
23% May 19
.
Mar
/; 9
•
2% May 23
;
39
Fair
-8
53/8
:
30
•7*7>/2 Jan
'i 20
Jan
8% May
32% Jan
24
,
;
15
100%
;•
7 61/2 Jun
Thermoid "CO
25% Mar
V
51%
The
10
121/4 Mar
;
v/ 31%
50%
-
r.j $2.50 conv preferred
IThird Avenue Transit
710
,
*14
4
•
100
preferred—:
conv
19
Jan
Nov
14
r,
.50c
& Pacific Ry Co—
Inc common
$1.25
27
22% Mar
■
153/4 Jan 22
;
;6% Jan
233/4
Feb -
*10%
14
*
Textron
14
13%
10%
10%
3%
*10
*3 * *
14
131/4 Mar 16
Nov
5%
7
38 »/2 Jun
Nov >
95/a
15%
300
,
—1
2
34 % Jun
-
4%
14
No par
ctfs
1% Jun 20
104% -July;
; 23% May
.
3
7111/4 Jan
17
Mar
84?% Apr
>: 55
4%
*3
Thatcher Glass Mfg CO common..—5
$2.4o - conv preference
—No par f
43/8 Jun
32%. Jun
Dec
41/4
3%'
3IV2 May 21
35
>31% Nov
;19y8
,140
*4%
,
14%; 7
123/a Jun 23
Jan
-4 %
6,600
80 >/4
3%
19
25% Apr
59% May
:<
share
Texas
4% Mar 21
,
,95% Jun
134 Mar
40
-
.Sub
Apr 25
Jan
27
Jun
.£-
.
.; 133/a Jun
Apr
19
.
*10
ioy4
3%
177/e
285/a
28%
-10
Sulphur
Pacific Coal & Oil
46
13
Jan!
Dec
10%
83/4
17%
80y4
83/4
14%
_10
Gulf
48
.
16
15% May
103/4 May
;
Jun
Jijn
;
8
-
May
343/b
;
36
14% Jan
461/4 Jan
v
■). 5% Dec
>
,
203% May
-i 24
10
83/4
17%
80%
■
28%
8%
'
'
-5
Texas Pacific Land Trust—
29
10
100
8
80%
)
1
_5
^
Co
Texas
55% May .4
17% Jan
7
19
'
-8
Corp—_
Corp
300
34%
-
2,500
4,800
25
Tennessee
200
-
101/0
*7%
'
47
.
(James)—
Telautograph
*7
17% Jan
'
,
8
1,200
131
10%
*33
Shares
"171/4
8%
18
..4%
i
*7%
; *281/4
-80%
*4%,
;
4%,
8%
80%
,
34
1
the Week
83/4
8%
131
10%
*32%
283/a
*
131
10%
8
17%
«
"8i r:
4ya
*7%
> 28%
>
18%
*80
1
,
9
"•'17%
-
4%
4%
28%
33
8»le» fen
$ per share
8%
*127
10%
*32%
'
8%
:
131
*10V«
H
Friday
July 1
June 30
f per share
8%
'
♦127
v
8
8%
9%
18%
81
—
34
*7%
8%
e%
s
10%
*32%
32%
■■■::
V
131'
'
'10
Thursday
June 29
J per share
share\
*127 '
10%
32 Va
''
*8%
131
10%
Wednesday
,
June 28
$ per
R%
>127
Sylvania Elec Prod Inc com—No par
; $4
preferred—_jU
s
No par
Symington Gould Corp
1
2
*
.
t per share»
Superior Steel Corp—
50
Sutherland Paper Co_—l.
J
10
Sweets Co of America (The)—4.16%
22
•
.
June 27
25
Jun
101% Jun
30% Jun
Tuesday
Monday
(
10c
Jun
Jan
23
RECORD
Saturday
••> June 25
jun
36%
Feb
79
.
Jun
.
16%
.
Dec
--17%
•i
STOCK
STOCK
YORK
EXCHANGE *>".
,
19%
-
Nov
28%
,
NEW
■:-
Highest
.
44%
Dec
31
11% Mar
235
Lowest
$ per share
$ per share
.
Dec
140
v.'
Highest
t per share
:
Range Since Jan. 1.
Year 1048
h
Lowest
YORK
8TOCKS
-
(23)
331/4
24
COMMERCIAL; &
THE
(24)
NEW
,-V,
luilftiPivrhu
><:„ Highest
Leweat
Hlfbert
.y
!
,'V.y
■
CHRONICLE
Monday, July 4, 1949
RECORD
LOW
■
AND
HIGH SALE PRICKS
•
STOCK
YORK
.Saturday
EXCHANGE
s...
STOCK
YORK
STOCKS
;•
NEW
Range Slnee Jun. 1
Y ear 1948
UWMt
=.
FINANCIAL
Monday
June 25
■
Tuesday
June 27
-
Wednesday.
•
June 28
£y June 29
Thursday
I per share
12 %
*
July
19%
r
Dee
85%
Dec
32%
Dee
86
-
Oct
1
•Jun
48%
3
5
38% Jan 28
93
Feb
82% Jun-17
124V.July i'
'
14% Nor
18% May
i
117%
Jun
113% Jun
Dec
15%
23 "
Jun
'14% Jan
28% Dee
29%
a
14
39%
Apr
25% Jun
32%
Jan
23% Mar
32%
Jan
30
66
Jan
Apr
9'
32
'45;
Jun
6
<12
Jun
30
pfd
Virginian Ry Co common.
6% preferred.
Visiting Corp (The)
Vulcan Detinning Co. common
7% preferred
.
30% Apr 30
5
Mar 15
com
:
.
32% Jan 12
31 ;-Mar
dlv partlc preferred™
60% Jan 28
14% Apr
9
Apr 26
20%
'20%
86 y2
•85
86
*93%
*6
/
'
.25
i *86 y4
89
*34 ~'f
34%
I
34%
■(. *34
94%'-
r
85
♦114
Ju'y 1
5;
*27%
r.
27
••
.
>
•
"
v
16%
*20'/2
>-28
86%
;.r ■1 16y8
31%
21
f.
-
.
'
<
f
v'v
'•/ *26 »/a
27
<
3i%-v r
27
y'
28%-
"*27%
28%
*32
34
"•32
34
♦45
46%'
-
H
700
f?
l
v '
200
1 >'■'
#'
■'«'
16% ►'
4,400
83o
21%
'
}
170.?.|
t-.k'J
-
;j
300
V,'*"'60
t:"''
.
.
114>/4
114%
■i
21%
31%
6y»-
"
v
96%
6%
86%
*94%
r
114%
v
34
34
•
»'
'....rV-
'v'-'
/° fJ
''
89l
J'
'
28
"*27%
(
28%
100
,
U
•.
'
*3iy.
46%
*45
.6
85
16%
1,500
•
•
31%.'
•*27%
28%
•32
'
*82%
V
'
'28'%.--
•■*27%
34%
f
>86%•
•
51
2,500
203/4
85%,,
-
•
s:
89
V*
*114
34
*27%
;
16%'
21%
^*20%
•
28%
31 y.
*27 y y ? 8 :,i:-
20
20
^
VI13%. 114
21
*20%
*85
•
•
-*26'/2
27 '
•
*27'%
f *32
••
■
*31 y«
34
26%
v-
»■
1,000
32
26%
*27Vz
283A
:
.
283/4
*32
r
?
< <
Shares
•
*
94 y2 "94%
-a;
•
11%
11%
.
\
the Week
;•?•:"
$ per share
20%
§6
■
V *86%
V85
hi
■
*'
6% ■:,*
V*83%
16%
X20%.
,*•27% . 28 "
S*3l%?i:31% '
-25
i (.'*6
114<>il4..
,
*
.34 V*-
»*93%
85
r <
16%.
.
114%
>
94%
6'i
*82
I
20
i
*93%
;♦<
16%
-
...
19%
>
*84
t
11%
20%
t
89
6%
16%
:
11%
<
*86%
94%
>
85
100
25
>
34%
*•34
100 >
10 •
'<■
20%
86%
89
*86%
No par
com
9 per share
11%
11%
11%
20%
>:
,
——100
.—-
Va ironCoal 6s Cdkie 4%
1
33% Apr, 6
25%
29
Feb 14 V
23
24% Dee
Dee
/
•21% July
preferred
Virginia Elec & PWr Co
65 preferred
•17% May 16
118
•f
3
29^ May II
27% Jun
38% May
34% May
'
Nor
29
.
6%
Jan 21
118-
a
3
Jan ;
,
Jan
109
-
3%%
Va-Carolina Chemical
11% Jon 21
i \i 9
per share
"11%
,
Victor Chemical Works common.—5
96% Mar 16
Jun' 6
5'
*
9 per share '•
y/1 1%'li 11%
21 „.. 21
*85
87%
2.50
CO—
>1
*
f
Chemical
Vicks shreve 6s Pacific Ry com. 100
*5% non-cum preferred—;
100
-90
,7
91Jan
Vlck
10
89
,5
6 per share
Vertlentes-Camaguey Sugar Co__6%
1
Feb
Feb
I per share
Par
t
6
-22% Apr
s
33 y. Jun :17
Jun
Apr
14% July
share
13% Jan
16
85% Jan
96*4
'
•7% Mar
Feb
.Jan
85% Mar
May
95
:
-
10
20
*
Jan
94
f per
share
I per
15% May
29%
.
Feb
88
-
I per 'bare
.
'
fer
Bales
Friday
'
June 30
-
'
i
300
I
H
*
34
w
<57% Aug
12% Dee
Dee
28
..
•
35%
1
,
105
100% Apr
*18% Mar
25% Jun .13
Jun
10% Mar
;
6% Jun
29
July' 1
9% Jan
Jun
14
94% Feb
,3
' 18% Jun
22
25% Feb
22% Jan
7
"
11% Jun
20% May
.
12% May
.14^
27 % Aug
v'
Dec
v.
.
*123/4
'V
,iy
Deo
13
3%
V
26
22
4
25 '
Jan
30%
.
Jan
100
:
CLOSED
Waukesha
Sep
"'*80
25
3
13
27% Jan
78% Jun
30
10%
23.%
13%
: ;
104% Mar
14
23% Jan 21
20% May 14
West Penn Elec
115
Jun
117
May
114
Jun
3
108% Mar 22
119%
Jun
113% Feb
19% July
,;
*113% Apr
103% Mar
14% Jan
111%
Oct
103% Feb
113
Jun
107
Apr
107
Jun
22%
16% Apr
13% Mar
Oct
38%
Feb
51%
Jun
110%
Jun
104
5%
Nor
Deo
22% Mar
Deo
15
Deo
26
29% Nor
23%
Feb
91%
Jun
21% Jun
90% Jun ' 3
98% Feb
115 :
21% Jun
Jun
Jan
Mar
92
Julv
<29% Jun
Feb
28
23% Mar
24% May
Aug
126
25% Apr
18% Jan
3
5
55% Jun
: 131%
Nov
U 9
: 19%
Jun
Feb
,
.
^
*11%
13 '»
8
30% Apr
100
12
12
;»4
•
4%
"y
*4
12%
20
20
803/i
783/4
79%
17s/a
173/e
17%
19%
173/4.:
-
t
19%
19%
»>•:
4% / /
20%
.1,
,
'
400
I
4
19% ,<20'-y-'
80
*79%
11% Jan
12
7% Jan
8
56% Jan
13
v.,
•;
•
,/y-t
173/4
700
2,200
> 220
'
r.
/lip V '
109
173/4
173/4
193/s
/ 107%
*102% 1031/4
,
1
'19%
1,500
*115%
116
115%
*10 7%
109
*1073/3
-
*106 y
10%
112%
112 3/8
*106
115%
109
100
y
14%
*106
103%
14%
f
:
-
f
y
10
y
90
112%
107
112%
107
103%
103
14%,
*363/4
37%
104%
6%
63/a
6%
9%
22
22
20%
1.
:
34%
93/4
:
f'?
113
*111%
'
104%
34 %
22
107%
'•i 103
37%:;
6
35
10
1123/4
106
*104%
6%
35
'
50
103%
IO33/4
14%
'
1.
160
143/4
1,400
:
14%
'
*36%
v:
109
1123/4
14 3/e >14%
>:•
j
.
112
9,800
- s.
'
37%
106
*1043/4
■:<!:
*107%
•
*106
14%
193/8
*111%
113
103%
;
*111% 113.
115% 115%
115
1107%
37
?•••
A
113
AU23/8
<14%
.
■
)
/
19 3/e
*34
20 3/8
i
21%
..22
6%
22%
*21
*56
,
6%
500
10
3,800
*21%
21%
21%
59
700
217/8
59
,r
22%
59
<
/
50
2,700
34 VB
10
.
*21
'
34%
10
"400 M
:
y:>:..
343/4
*93/4
.
37
106
•;
6%
*34
10
37
*105
36%
105
€%
•
34%
9%
'
36%
105
14
133/4
13%
14
14
1334
14
133/4
14%
2,900
24%
24
24%
24%
24%
24%
243/4
24%
24%
3,800
227/a
22 %,
22%
223/4
22%
23 Vb
15,6G0
92
92
92%
93
99%
99%
*21 %
23 'A
20
7% May 31
: J
r,
; f
300
17%
♦12
12%
'■
i
300
23%
23%
*12%
17 Vb
*17%
13
*133/4
Air Brake
Electric com
No par
12%
100
24%
22s/a
STOCK
100
Instrument
Elec
Motor
White
11
27 %
28% Feb
July
Feb
27%
23%
123/4
17 Ve
*55'/8
White
53% Jan
'
*53
26
16% Mar 30
13
-
.*78
106%
106%
*90
EXCHANGE
12.50
$4
Co
CLOSED
*22%
•102
Oil
Wilco*
*22%
913/4
.
V
•233/4
*102
,
913/4
100,
*98%
V
'*21%
107 :
313/4,
30%
72
72
*24%
25
133/4
30
13%
.
100
*99
120
100
997/s
*22
.
23%
21%
*102
.
31%
72
V
25
; *23%
25
13%
133/4
;
31%
73%
•
*233/4'
:
21 Vb
2,300
130
;
25
v
15
13%'
.
.
72
.
*24
133/4
133/8
72
;
1
f
.
4,200
5,400
■'
200
y
21%
♦553/8
55%'
*55%
21;
"553/4
21%
55%
F
*55%
553/4
*553/8
553/4
60
*293/4
30%.
*29%
30%
*29%
30%
*29%
30%
300
;;
V
> i
9%
87/«
9 Vb
*;•'*83%
9%
1,000
\t
4%:
43/8
43/8
4%
4%
5,600
9%
;■
93/4
8%
43/a
V; 4%
213/a
107
-31%
7v;.'"31
.72
.*72
.
13%.
20%
107
30%
:
20%
:
"
24%
.
*102
107,;
30%-
;
30
55%
I
'T24%
;
13%
v.
233/4
*102
31
73%
-21
Co—
223/4
22»/e
92
100
600
•
23%
107
31%
20
;
58%
*55%
22%.
913/4
*98%
*72
1
No par
com
preference
preference
20%
59
•
—1
Sewing Machine
conv
Prior
92
100
*98 3/4
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com;
No pa*
$5 conv prior pref
NO par
White Dental Mfg (The SS>
20
27
27% Apr
2? Ve
-
y:
21'/a
Weston
Jun ;; 6
..
,'ii
2,500
59
com
3%% pfd series A
3.80% pfd series B
11
48% Jan
115%
108%
6%
A
series
Westinghouse
Westinghouse
.89% Jan 12
2
12 Vb Jun
22% July
.
107
13
Jun
.72
Jan
*. i 27%.Jan
i'-/
263/4 Jan
7
h
300
'■•
v/7
*55 %
101% Jan 26
102Mar 30
57% Oct
Mar
7
f
10,800
VA:V,'.S.
14%
*20%
97% Jan 28
15
V
■20
143/e
Western Union Teleg class A_No psr
7
27 •'• Jan
20% May 31
Apr
Jun
40%
13% Dee
34% Jan
13
143/4
106
Preferred
26
Mar 30
17
* 3
80
11%
11%
1
1,600
J
No par
Western
Jan 24
RR
4,300
y
89%
*19%
<
14%
123/4
17%
20
113 •/* |
108%
Auto
Pacific
113
*112%
Supply Co
10
Maryland Ry com™__100
non-cum 2nd pfd
100
4%
8
68% Jan
May 31
Jun
83
9%
30
6
95%
80
,
13
13
37
Feb
Jun
101%
:
Dec
23
293/4 Apr
y/y,:
12%
12 3/e
v
y
7
V- *88Va'
11 %
y!
•; -'"10 y.
3,200 n
24
6%
y
-
*19% V 20
7
23%
*23 /.-
*12%
*17%:
80
/
17%
Western
14
May
33%
Feb
25
Western
53% Jun
39%
Dec
85%
7% Apr 11
;
'
4%
/pVs
[*m%
Inc—
Lines
Air
') 105
23%
■
;:
vi
500
"
•
19%
*102
No par
106
preferred
41% Mar 12
21% Jun
36% May
74% July
4%%
14%
20
79
80
115%
1
100
restwa Pulp & Paper com
24
*12%i 323/b
88% ' 88%
11 Vb
'19%
12%
177/e
;
100
pfd
series B-*.—100
S8t Virginia Coal & Coke—-—6
'12% Jan 20
Feb
'20
Nor
58%
41% Jan
;i
4%%
preferred
20%
19%
12%
*3%
20
:t. 19V4
*111%
;■
)% preferred series C
24
t
25%
"
4.20%
Western
July
38% July
16 V.
1
32% May 23
8 V. Feb 24
46 % May
7% Mar
1
26^
.
*103
100
1,400
-
-
..
'
-100
100
Power
v
T, * 14 3/e
18
*12
.
17%
.No par
—a
■Ml
23%
12%
4
*79%
No par
preferred
preferred
6%
108% Jan 25
May 12
>5
10% May
34%
r~
Co com
A
West Penn
17% Jan 20
f35%Jun 14
Feb
13
103% July
4
100%
7%
14
Jun
108% Jan
Apr 25
101% May 2
Class
2
110% Jan
105>
v
14
113
18
100%
conv
:
89;
* .11%
V
6Ve
1
■
12%
263/4
v
23%
<
/46J/2-
12%
*26%
"
26%
105
23%
V/' 63/4
L
*44
'1
12 %
-
♦103
t
.
71
,
88%.
193/4.
*17%
123/4
.
20%
,
8
105% Nor
Oct
4
.: ;
12
23%
.
12V4j
:
143/4
*23
17%
.
•12%
;-
,
preferred
No par
West.Indies Sugar, Corp.™.™—™.l
25
.?■ 16% Jun
26% May
Feb
1
Inc
26%
"
*12% ,123/4
*17
.
45
12%
(
;ll%
14%
:23%
.>.•
6%"
89'
*19%
14%
23
1 "
123/a.
*88%
ll3/a
/
5
$4
r
r
7%
*. .'45
*
7.
12%
26%
♦103%. 105/
V
23
12 V*
123/4 ;
89
■
.>
6% /.
.193/4
Wesson Oil 6s Snowdrift com—2.50
7
23
143/4
Mills—
Wayne Pump Co—,
84% Jan 24
Jan
,
<r
7'/a
12%
,-*26%.
104
I11 VB
I'vV *19%
'<>-■/:hL
Webster Tobacco
5% Mar 30
3% Jan
xl9% Jun
86%
Nor
19% Mar
Jan
6% May
,
104
y
:.23%
..
7%
*881/4
r
.
Co
Motor
Wayne Knitting
104
.:,-;* 12 3/s
EXCHANGE
Pictures.
Washlngton Gas Light Co_
2
15% Jan
11
STOCK
1
preferred
Warren Foundry 6s Pipe.
Petroleum Corp.
24
17% Jun
34% Aug
Deo
»
23..
.
Warren
11
14
14
ley. Feb 10
11% Apr 21
Sep
.
26%
V,;''
.
*45 ..46%
123/4/
26%
O ro J?
;
'
12%
263/4
•
V
-
13
*26%
f
-No par
Warner Bros
1
Jun 14
23 Ve Jun 27
,
'5%%
3
P% Jan
; May
: Jan
14
32
34% May
Co
Ward Baking Co common
15% Jan 21
14
\
Deo
Walworth
7
X12 7,
Jun
'
9% Nor
Nor
100
No par
'"
X87% Jun
;
22
Jan
'
24 '
preferred
Co common^—_—-No par
"4% preferred
100
Walker (Hiram) G & W
No par
Walgreen
,8
-16% July
.
*19% Nor
12%
Jan
Wabash RR 4%%
Waldorf System—
8
>
,101
;
*83% Mar
16%
105
May 19
'21% Jun ' 1
13% May
8% Feb
29% Jan
101
Aug
,
27% May
^
'
20%
.
15% Jan
41/4
43
•
■
"
9%'
*®%'
/
203/4
.
;
•
6% Mar
"J 81
Dee
12%
Dec
14%
,
^
Nor
69
Dec
125
.
Feb
41% Nor
;
x42% Jun
22
70
19
Jan
10
Jun
14% Jan 14
*138
:
6
17% May
88% Jan
.
18
; Dec
28
4% Jun
May
65% May
Mar
10%
a
12
:.
8V. Jun
Jan
15
21
79
Jun
6
.
128
Wilson-Jones
Wisconsin Elec Power Co
133
5
Jan
4
Jun
2
34% Jan
3
Jpnv21
.
'
lo
.%b' #«-'
13%
Deo
25% May
58%
t
Deo
,81% Feb
X59% Feb
24
67%
Nor
94°,May
64 t Jun
10
*62
*
15% Mar 30
'
58
1
Jan.
Mar
22
■J
V 96%
60% Mar
': 8
.
Dee
-
>
V
Deo
15% Feb
-
;
i.
19% Jun
8
: 89%
' '
<■
.'
15
24
,
JUn
Oct
'16% Jun 17
Oct
*19% May
i
53% Jun
——.—100
*
13
74
Jkn
23%
46 3,4
62
12%
r
12
,
12Ve
*62
*63%
65%
23
46%
46%
46 7/a>
-12%,
12%
•62%.
70%
683/4
,
•
.19%
'•
1
70%
68%;.
8%
63%
35
3% Dec
100
;
23
;
;
4,7,
..
.
-
200
4,300
;•
133%
-*132
V
47%
*8%
r
"
'
.
j
~
i v
1
>
Ji /*
17%
.
57%V..58%;
,,liVa
...
563/4- ;57%
i
t
8%
100
23
j
v47% ;■'!*
19% i201
•
10,%: "liya7
Vv.' 70
900
8,800
>69%,
20
V
•
_
,
i 2
69%
' 8%
-
,20
12%
65%
*69
■
70
:
T
.>■ 400
,
.
193/4.
: 8 t
1,200
r,/8%r:>V:
17%
17%
V.
.573/4.
600'
.
-
..
59%-.-
-
300-
.6,500
-;
11%; 11%
2,000
.1 300
.33%.' 33'/* C
^
10
50
,
8%
'
19%
r.
10
i
v
69%
'8%
•
1,500
64%
,89Va\
(
••
8% >8%
3333
' j*..117%, ;.17%
/ 17%
m-—■
' f :56?/4/ .57%
.f Z57V*, 57%
J
.'11%
( 11%;' iHV» *
1111%: >
.'
12%:
*62%;
*64%;
65%
-■*8%,
8%
M 8%V it?8%
\
Ji
<3*. /•*
V*32
32'A
17% ;»** 17%. -'17%
r*i7% .'17%
'
32%-
J4Z /4
r.323A
♦11
r
V19%- <19% r
•; 8%i i,8'/a.T T
33 %
ju /2
*17% <-17%
•
83/4
*69
;*68%-:;69%
68%
.
*64
-
- -
21
July
Jun
28
3% Feb
6% May
9
32
Jan
7
Zenith
4% Jan 15
Zonlte
Radio corp__.
Products Corp:
No par
J
223/4
21
233/a
1,300
22%
;21%
21%
22%;
V
22%
,*Bld and asked prices;
Ex-divldend.
y
sales
no
k
Ex-rights.
-
on
■?
this
day.
;$In
receivership,
or
petition
has
been
filed
22%
227/e
'
2,700
-
4.%>
.——-a
■At'
-4/1
4VB
:
4%
j
4
:
4VB
;t4
for
company's
.reorganization,a Deferred
delivery.;
sale.
Cash
' r
"
t
t--—r
; x
3,100
»■.
19% Feb
j
11%
93/8
'.'17%.'X 17%
12%; .12%
63%. 63%
23
*22%
}
-*63% -65^
;*69 / 170
,70%.-;
68%
19%
., :•
....
•
.
'
8%
ay* > 8%
*32
•34
.
/
65%
v
r.
63
•63%
*69-
.
62
Co.
Corp common
——
'4Vu% conv preferred—1—
6
133%
22%
:
y:
<
900
;
9%
72
-*10%;
17%
*132%
135%
7.*
11 y4
-
44
*71%
'
Tork
28
14% Jan
10% Jun 28
*132
132%;
23%
46%
12
50
Young (L A). Spring, & Wlre_No Par
Youngstown Sheet & Tube—No par
Youngstown Steel Door——No pai
k Towne Mfg
132
.
47%
17%
*10%
V/-17%
11%
17%
>.
-
9%
72
*v9%
71
•
*43 y4
.
>*71%
'9%
71
*10%
r
17%
22%
.43
43
'
^
-
,
Tale
.
103/4
17 VB
46%
Wrigley (Wm) Jr (Del)-i—No par
Wyandotte Worsted Co—
•
<
135
•
*10%
-
43
"9%
72
22%
10
,
•
17%
,
43
9%
*6)
; 10% •
4%
43
:>5 9%
72
*132
43/8
"
10
—
Co
Jan 20
12% Jkn
7
13
*68
Prior
9
7
17%
39% Jan 18
20 : Mat 30
'
'30% May 13
May
; 24
Dee
13% Dee
Apr:
9% Jan
•<9%
V 107/a
No pax
pfd 4%% series100
Prior pfd 4%% conv series,—100
Wright Aeronautical
—No par
May'17
74
9
8% Feb 25
y
16% May
48.
Feb 25
Feb
66
\ 69
July
11% Jun
65%
>
July
68 '
'34% Jan
10% Feb
37
•
•
11% Jun 14
(F W)
Worthlngton Pump k
Machinery common
72% Apr,
7
79 ' Jan 10
»
'y
Woolworth
43%
9 3/e
com_,-_10
Co
6% preferred —'
Woodward Iron Co
47% Jan 21
.
22 ;
*42%
•
—iNo par
-„_10
18% May
'
■
$4.25 preferred
Apr ^2
13% Jan 17
44% Jan
37% Oct
49% Jun
No par
Wilson & Co Inc common
12% Mar 10
Jun
Willys-Overland; Motors com
1
$4.50 conv pfd series A—No par -
/ s Special
sales,-
I
V
•
'
-4%
3,200
H—
■
l3
-wd When distributed.
.
i
j
i!
t
11
Transactions at the New York Stock
Exchange
'
v
Daily, Weekly and
Stocks
<
Week Ended July 1,1949
:
Shares
.
Bonds
InVi:
Bonds
Saturday
666,490
Tuesday
786.550
Wednesday
) Thursday
Friday
585,016
_
:
580.450
715,040
.
! Total
.
$1,853,000
,
3,333.540
;
',
V
j
:
2.201,000
2,405,000
2,723,000-
"MOO
$1,153,020
1949
$11,000
/
July 1
V 2,956,000
$8,000
$12,446,020
Jan. 1 to
1948
2,322,120
2,383,000
2,651,400
3,000
228,000 '
1949
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
_
U. 8. Government
Bonds
International Bank
Foreign
Railroad & Industrial
Foreign
Domestic
4 r—•
—
T-
137,320
?•
i
$8 000
$111,000
.
113,116,144
$71,000
$317,000
16,000
791,000
3.208,006
1.266,500
,48,918,370
48,478,680
11,274,000
17,376,700
347,516,600
548,819,806
$12,446,020
$18,770,200
$397,542,970
$601,059,980
Total
$18,000
$97,000
111,000
>
10,000
$3,000
>3,000
8o;oco
3
2,000
'3,000
■
124,000
85,000
111',000
•; 8,000
119,000
148,745
110.000
>21,000
131,000
762,315
Total
; $483,000
"'"$59,000
Week Ended July 1
Stocks—No. of shares.
Bonds
$553,500
11,000
Corporate
/—
147.200,
1948
1,153,026
Closed
130,035."
;
July 1
.170,060,457
Foreign
Government
198;965;'
—
1948
1949
4,764,465
>
Bonds (Par Value)
of
Shares)
•
shares
•3,333,540
„
$6,000
243,400
$11,274,000
$2 133,500
.
.176,000'';*.-
*
of
$5,000
230,120
Week Ended
Stocks—No.
„
(Number
Sales
762,315
*
*
$14,000 '
$556,000 *
Jan. 1 to
1949'
1,318,403
28,293,246
July 1
1948
>
42,753,479
.
Domestic
$483,000
?728 000
$18,132,000
$29,551,000
Foreign
government-^..
59.000
116.000
5,607,000
5,255,000
Foreign
corporate—
14,000
23,000
1,021,000
1,155,000
$556,000
$867,000
$24,760,000
Total
Total
'
i
i!
Stocks
Bond
!
Week Ended July 1,1949
$275,500
2,092,000.
I
Total
Bonds
Closed-
Monday
{
Exchange
>1 llaily, - Weekly' and Yearly
I; #
Government
Bonds
•
f
Transactions at the New York Curb
United States
Bank
Foreign
[
v
,Yearly>v|JifJ;|;||
Railroad :
f/umber of and Miicel.
r;
$35,961,000
?
Volume
THE
Number 4817
170
COMMERCIAL
&
FINANCIAL
CHRONICLE
25
(25)
'
~
,
.
*
*•**
Bond Record coiNewYork Stock Exchange
' V
^
,.The
letters
italic
In
FRIDAY
the
column
headed
WEEKLY:
--
"Interest
Period"
Figures after decimal point
'/*
indicate
represent one
\
GOVERNMENT
Range for Previous
•
Lowest
<&'
C
Range Since Jan. 1
Lowest
Highest
Tear 1048
Highest
101.11 May
101.11 May
NEW
BONDS
Sep
!
C
STOCK
EXCHANGE
108.28 May
108.13
Jan~26
' 108.13
Low
9
Treasury
Treasury
3*8
1955-1960
Treasury
Treasury
Treasury
101.18 Dec
102.22
102.23 Sep
102.23 Sep
Feb
102.31 Jan
101.7
Sep
101.11
3
Jun
101.19
Jun
100.24 Mar
100.25
Jan
Jan
100.26
3
Apr
100.23
100.24
100.23
Sep
100.16
Sep.
101.12
100.7
Oct
100.27
9
,
:
27
Jun
101.13 Jun 24
101.7
101.7
Feb
7
101.28 Jun
Feb
100.18 Jan
May
100.23
Oct
100.28 Jun
Jun
101.14 Sep
100
Mar
102.13 July
100
100.2.
Feb 1
Oct
100.4
,
Mar;
?'
point.
i
-
LOW AND HIGH SALE PRICES
•
>
High 1
Low
Wednesday
Tuesday
June 27
June 28
Low
High
.
Low
High
14
102.30 Feb
9
May^'W0.13 Jan 20
100.21
Oct
100.21
100.31
Sep
30
June 30 /
Low
High
-
High
-
-
Sales for
Friday
July 1
High
•
the Week
Lew
-
*101.1
101.3
•loi.i
101:3
♦101.2
101.4
101.4
•101.2'
*104.13
104,15
♦104.13
104.15
♦104.15
104.17
-*104.15
104.17
*104.18
109.10
*109.7
109.10
♦109.14
109.18
*109.12
109.16
*109.12
109-16.
♦103.13
103.15
*103.13
103.15
*103.15
103.17
♦103.15
103.17
*103.16 103.18
2%»
1956-1959
*110.15
110.18
*110.15
110,18
♦110.24
110.28
'•*110.24
110^8
*110.20
2*8,
1958-1963
*111.10
111.13
*111.10
111.13
♦111.18
111.22
<♦111.18
111.22
*111.20
2*8
1960-1965
♦112.14
112.17
*112.15
112.18
*112.26
112.30
*112.28
113
*112.30
113.2
1940-1953
*100.24
100.26
•100.24
100.26
♦100-25
100.27
*100.25
100.27
*100.25
100.27
*101.27
101.29
♦101.29
Bonds($)
104.18
♦109.7
■/
♦101.2
101.4
110.24
111.24
1950-1952
*101.23
101.30
101.31
•101.29 101.31
*101.30
102
-1962-1964
*102.31
103
*102.31
103
*103.5
103.7
*103,6
103.8
*103.8
103.10
-1956-1958
2%«.
2*8
*105.16
105.18
*105.16
105.18
*105.27
105.29
*105.25
105.27
*105.24
105.26
•103.1
103.3
*103.2
103.4
*103.22
103.24
*103,24
103.26
*102.12
102/14
*102.31 103:1
*103.3
103.5
*103.31 104.1
*103.11 103.15 '
2*«_
1962-1967"
2*4
-1963-1968
^
102,9 -102.9
*
1
2*8.
Jun 1964-1969:
*101.27
101.29
♦101.28
101/30
*102.16
102.18
*102.23 102.25
*102.30
Dec 1964-1969
*101.20
101.22
*101.21
101.23
*102.9
102.11
<5*102.17 ,102.19
*102.25
102.27
*101.14
101.16
*101.16
101.18
*102.3
102.5
*102.10
102.12
*102.18
102.20
*101.13
101.15
*101.14
101.16
*102
102.2
*102.8
102.10
*102.16 102.18
EXCHANGE
*100.25
100.27
*100.25
100.2T
*101.18
101.20
CLOSED
*103.31
104.1
*104
*100.25
100.27
♦100.25
*103.1
103.3
5,000
103
2*8
2*8
1965-1970
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
!
21
102.30 Feb
9
100.19 Feb
7
Jun
-
_
100.21
—1966-1971
FeiT~9
-
STOCK
•
Jun 1967-18721
-Sep 1967-1972
( )
-Dec 1967-1972
1951-1953
101.28
101.28
•101.30
102
104.2
;
♦104.25
104.27
-*104.27
104.29
*104.29
104.31
100.27
♦101.18
101.20
*101.25
101.27"
*101.30
102
•
*103.1
103.3
*103.3
103.5
*103.3
103.5
•103.4
♦102.14
102.15
♦102.14
102.15
*102.21
102.23
*102.21
102.23
*102.24
102.26
♦105.17
105.20
*105.17
105.20
*105.22
105.26
*105.22
105.26
*105.22
105.26
1956-1959
*104.6
104.8
♦104.7
104.9
*104.17
104.19
•*104.15
104.17
♦104.14
•
101.7
Dec
101.26 May >
100.31
Sep
100.30 Sep
101.18 July
101.19 July
100.7
100.16 Apr
101.8
'
Jan~26
Jan
101.8
26
Treasury
Treasury
:
♦101.5
101.7
*101.6
101.8
*101.22
101.24
'*101.28
101.30
♦102.2"
102.4"
—Dec 1959-1962
;.
*101.2
101.4
*101.3
101.5
*101.19
101.21
•♦101.26
101.28'
*102.1
102.3
—Sep 1949-1951
:
♦100.5
100.6
*100.5
100,6
*100.5
1*00.7
*100.5
100.6
•100.5
100.6
—Dec 1949-1951
■".
•100.14
100.15
♦100.14
100.15
*100.15
100.17
*100.15
100.16
*100.14
100.15
i.
♦100.18
100.19
*100.18
100.19
*100.19
100.21
♦100.19
100.21
♦100.19
100.21
*100.31
101.1
Mar 1950-1952
-
101.18 Feb
9
101.18 Feb
2s.
.8ep 1950-1952 /
2s
♦100.29
100.30
♦100.28
100.29
♦100.31
'
'•
f* 1
♦100.31
101.1
'*
/
101.1
9
1951-1953
♦101.14
101.15
*101.14
101.15
*101.19
101.21
101.21
♦101.21
101.23
2a
1951-1955
*101.18
101.20
*101.18
101.20
♦101.22
101.24
101.25
•101.25
101.27
Treasury
2s
Treasury 2s
*
•
104.16
—Jun 1959-1962
1
Treasury
3,000
103.6
1952-1955
1954-1956
—
Treasury
Treasury
Treasury
^Treasury
Treasury
Treasury
14
101.3
9
100.21 Feb
.
Feb
\
_
'
_
101.1
9
100.17 Feb
101.13 Mar >.
Jun 1952-1954
*101.25
101.26
♦101.25
101.26
*102.2
102.4
.*102.2
102.4
*102.4
102.6
Dec 1952-1954
102.9
*102.7
102.9
Treasury
Oct,
1
Thursday
;
Jane 29
<
-1
Jun
102.26 May
102.26 May
*
102.9
Mar 11
101.12 Feb
Sep
•'
100.7
102.1
month when the bonds mature.
1951-1954/
Treasury
Treasury
Treasury
'Treasury
Treasury
Treasury
Treasury
Treasury
14
Feb
104.9
Jan
101.19
102.31 Jan
14
Feb
104-9
a
Monday
'
1951-1956
2%a—
the
case
32d "of
more
•
1949-1952
38
Treasury
Treasury
110.23 Mar 11
110.23 Mar 11
Or
Jane 25 »"?■
iaa~26
105.28 Mar
Sep
"
eacn
Saturday :
YORK
Treasury
105.1
107.4
■
■
YEARLY
-
in
sury
—
*101.23
102
*101.31
102
*102.7
♦102.10
102.12
*103.22
103.25
♦103.22
103.25
♦103.24
103.28
♦103.24
103.28
♦103.24
103.28
1950
Bant
*101.31
1953-1955
2a
l*s
:rnatlonal
*101.19
*100.11
100.12
♦100.11
100.12
*100.14
100.16
♦100.15
100.17
*100.16
100.18
101.1
.
for
Reconstruction & Development94.14
98.24 Jan
Jan
10
99.11 Jan
98.30 May
99.30 May
94.10 Jan
5
100.14 Jun
24
101.27 July
10-year 2V«s
•Bid and asked price.; No sales
transacted this day.
BONDS
Interest
Last
Period
Sale Price
\2%
1957
*100.13
100.18
♦100.14
100.18
*100.26
100.30
♦100.27
100.31
*100.27
25-year 3s
1
1972
*101.13
101.18
*101.12
101.20
101.20
101.20
*101.25
101.29
101.27
due June 1949-51 called
June
15 at par, 2%
RANGE
Friday
New York Stock
Exchange
Week's Range
or Friday's
Bid & Asked
Low
FOR
WEEK
due September 1949-51 called Sept.
ENDED
Range Sine*
'
High- No.
Low
BONDS
4
Jan. 1
"Period
Exchange
105%
105
105 §5
75
104
/
107%
* j-d
.
3%a Series No. 16
7.-3%8
Series No.
18
.
Low
'
'
__
1
:
-j-d
J-D
j-d
r,*59%
j-d
60%
"
3%s Series No. 24
3%b Series No. 25
.
3%s Series No. 26
-
,
^
Teletype
.
*.
(Dominion
25-year
AGtd
Akershus
sink fund
sink
fund
1947
6s
(Dept)
1948
fAExternal
coll
7s
A-O
*61
62
62
1968
M-S
92
92
81
J-J
40
40%
37%
41%
40%
37%
41%
1945
J-J
40%
40
s
f 7s
series C
1945
J-J
40%
40
40%
37%
41 %
s
f 7s series D
,1945
J-J
40%
40%
40%
37
41'/a
A External
AExternal
sec
sec
f
s
s
f 7s
1957
A-O
*39%
42%
37%
A-O
*39%
42%
37%
*39%
41
3rd series__1957
Antwerp
(City)
(Commonw'lth) 5s of '25.1955
external
,
40%
Australia
1958
5s
A-O
J-D
J-J
37'/4
"102%
■
)
,
10-year 3 Vis
1957
J-D
94%
94%
54
89
95%
90%
90%
17
85%
92%
91%
92%
21
85
93%
'91%
91%
2
84%
93%
100%
102%
102%
112
115
li.9%
20-year 3%s
20-year 3%s
1967
Belgium
External
s
f
s
f
F-A
1949
6s
External
J-D
1962
external 6V2S
J-D
1966
—1
15-year 3%s
7s
91%
M-S
>100/2 101
1955
107%
106
107%
17
1955
!
J-J
J-D
119%
118
119%
9
AChile
(U 8 of)
external 8s_-_.1941
J-D
■
'
--
63
'V
€8
'
3
60%
(Int reduced to 3.5%)
s
A-O
A-O
.
//
8tamped pursuant to Plan A
,
(Int reduced to 3.375%^-__1979
s f 6%s of 1927__4__1957
AExternal
50""
-
J-D
51
12
66
66
1
45%
A6s
A6s
54
Bank
J-D
,
43%
49%
6
46
—
—
—
/
J-D
26%
J-D
-A-O
,
I*--•—1962
A-O
Af-N
Af-N
1960
assented-,
—
M-S
1961
1962
7s
1960
assented
-
—
M-S
•
—
,
66%
6.
60%
98%
47%
48%
2
43
A Chinese
(Hukuang Ry)
1951
5s
54%
63
68
1
61
104%
2
104%
107%
—
1978
(Int reduced to 3.375%)
35%
51%
51%
1
46%
53i/»,
46%
65
3-D
/
—
1979
A-O
i'
—.-
J-D
3%b Series No. 2
:
,—
J-D
3%s Series No. 4
I
J-D
-
3%s 8eries No. 5
:%'■:>*
65%
♦62
..
J-D
3%s Series No. 8
3%s Series No. 9
64
e63
J-D
3%s Series No.
64
64'
J-D
-
64
42%
14
t
_
-J-D
57%
69
l"<
69
".
'
73
60%
37%
29'/a
35%
37
25%
27'/2
36%
29
35%
1
.
29
26%
27 /2
36%
26%
29
25
29%
40
35%
37%
28
26
29
36
37
51
26%
-
26
29
29
34
*27
(Y ■}.*
i-
*35
27 /*
—
37%
26%
29
35%
36%
26%
37%
26%
5%
21A
*—
29
35%
•>
__
-1-
*5%
29
7%
-
SECURITIES
>
/
'
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.
-
62%
—*•
--
r.ARL
65
.or&Inc.
"MfABES
FOREIGN SECURITIES
SPECIALISTS
.
73
58%
73
J-D
J-D
58%
58%
*59V2
3%s Series No.
29.
29
'
26
73
72
page
12
62%
64
14
26%
35%
—
FIRM TRADING MARKETS
-
72%
*59%
footnotes see
69
73
*59%
For
69
57%
73
J-D
J-D
V
59
io:
5
.
80
J-D
3%a 8erles No.
37%
'
35%
27%
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For Financial Institutiona
FOREIGN
53%,
*59%
_
10
12
29%
26
34
'**9
71
*59%
v
3%8 Series No. 11
3%s Series No. 13——
37%
»;
63
V
13
69%
-
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v";
J-D
3%s Series No. 7
■"»
i
J-D
3%s Series No. 3
28%
34%
5
'
5"
37
26%
'■
(Plan B)—
3%b Series No. 1
n
54%
54 %
71,
46%
—
funding bonds of 1931 due__1951
1944
102%
102%
Stamped pursuant to Plan A
External $ bunds of
101%
87
71%
•
6%
101%
101
1
^
63%
98%
28
>' *25
<1; *27
yj
'85
.
60%
—
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—
65
T64%
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.
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—
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'
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-
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f.
101 ^ 101 ^
102% 102'/a
106% lu6-/4
'58%
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27'/2 27%
*36
."
—
J-D
1961
6s
—
-J-D
1961
assented
sink fund 6s
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—
—
-J-D
57
—
—
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M-N
1961
i'
;
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27%
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—
*
*59%.
>63
*59%
*,-*35 \ —
23
23% *t
' *25 * —
*27
*35
—
..
—
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1957
-
;'
64%
64%:..V
Stamped pursuant to Plan A/
(Int reduced to 3.5%)
70
60
——
——:
——
*63
62%
"'
62%
*59%- 63
"
65
55
66
/ 48%
,
.
'
65
65
72
48%
A-O
—_\l952
(Central Ry)
-
4
(Int reduced to 3.375%)—1.1979
A7s
—
A-O
1957
6%s
6%s
fund
Stamped pursuant to Plan
>
/
.
1993
bonds 2-3s__-
Cons
"
—
1962
Mortgage
A Chilean
--
A-O
f $
i
—
27
—
1963
AGuaranteed
71%
—
1963
sinking fund 6s
AGuaranteed sink fund
v
62
1962
A6%s assented
A7b
1978
/„1957
f 6%s of 1926
Sep 1961
A6%s assented
Stamped pursuant to Plan A
AExternal
Sep 1961
assented
A Sinking
f
lABrazil
Jan 1961
A6s assented
Extl b
97%
—
Jan 1961
A6s assented
A 6s
90
M-N
M-N
1960
assented
AExternal
23
1942
-F-A
-J-J
J-J
-M-S
M-S
A-O
103%
95
—
—Feb 1961
103 %
94Vi
sinking fund 6s
J-J
A6b assented
ARy external s f 6s
A6s assented L
AExtl sinking fund 6s
95
F-A
f 7s
s
J-J
F-A
99%
1956
External
/AExternal sinking fund 6s
41%
102%
106%
-A-O
-A-O
89
10-year 3Vis
8s
•.
__
1960
100% 102
100%
65
<
55%
y. 3
'V 100% 101
','*100% 101%
—
J-D
Feb 1961
41%
series__1957
2d
7s
j,
F-A, "
A-O
sinking fund 6s
AExtl
s
-
1942
:
1960
1954
4s
assented
A6s
«
„
fAExternal
AExternal s f 7s 1st series
(Rep)
8 A 78
93%
1945
40%
-I
1961
of)
—
(City)
AExternal
5 A External
,
lAChlle
*61
A
f 7s series B
s
F-A
4s
(King of Norway)
lAAntioquia
:/■
(Colombia)—
6s
3%s
ACarlsbad
Foreign Govt. & Municipal
I AGtd
:
>59%
,
j-d
,
(City) s f 8s_—i—r—^1957
Sinking fund gold 5s
1958
Sinking fund gold 6s
1950
Canada
Agricultural Mtge Bank
^
:
Brisbane
NY 1-1693
Broadway, New York
><
r
;j-d
.
j-d
3%s Series No. 30
Members New York Stock Exchange
_
j-d
-3%s Series No. 28—„
Wertheim & Co.
120
63
55%
^
"
,«•
a
*59%
; j-d
3%s Series No. 27,-
2-2300
*
60%
—
65%
65
60
'
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•3%s Series No. 29-
REctor
—
— —
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j-d
...
::
.
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1
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*59%
,
—
62
*59%
j-d
65
56
58%
v
62%- "
3%s Series No. 21
65'
58
—
*59%
•.
.'. High
59%
—
60
62
3%s Series No. 22
Foreign Securities
:'/■
*59%
3%a Series No. 20
3%s Series No. 23
Jan/1
Low
No.
64%
*591/2
j-d
-
Range 8ince
Bonds
*59%
j-d//"
3%s Series No. 19
;
11,000
;) Sold "
.
High-
*59%
j-d
y
—
17
3%s Series No.
,
101.27
Registered bond transaction.
r
Week's Range
or Friday's
Bid St Asked
....
/
J-D
I
Last
Sale Price
.<■;
High
s
.1980
Odd lot transaction,
Interest
*
New York Stock
-
Corporate Stock
a
1
3%s Series No. 15...
Transit Unification Issue—
par.
Friday
Bonds
// Sold
New York City
3%
JULY
15 at
l
58
65
59
65
55 %
66
50
Broad St., New
Telephone HAnover 2-0050
York 4, N. Y.
Teletype NY 1-971
*
THE
COMMERCIAL
NEW
YORK
Interest
bonds
Period
New York Stock Exchange
\
RECORD
BOND
JULY
ENDED
High
^
Sold
Range Since
No.
'•
BONDS
New York Stock Exchange
■
I
Jan. 1
.
f
1927
3s external
'
Oct 1
Jan
i
s
A-O
A-0
J
3
SASlnking fund 7s of 1926
§ASlnking fund 7s of 1927
Copenhagen (City) 5s
M-N
3
\
M-N
'J'O
,-i
•
"
*41
n
14%
—
'
7
*41
81%
76%
3
*41
.
<•
..
J-D
M-N
ACosta Rica
(Rep of) 7s—
(Republic of) 4%s extl
Czechoslovakia (State)—
'•■'—
74
39%
38%
•
—
F-A
3
25-year gold 4%s
Cuba
39%
A-0
1
74
J-J
]
bonds———J
$
jAColomoia Mtge Bank 6Vis
73'/a" 73 %
—
70
75%
76%
44
47%
47
41%
'
.
81%
9
63%
15%
7
104 Vb
A8s
External
gold
5%S
External
gold
4%s
113%
Salvador
4s
-
extl
f
$
s
f
3s
extl
f
s
AExternal
sink
fund
6s
1960
87%
88%
A External
sink
fund
6s
...1964
77%
78%
($ bond
of
71
A 7s
A 6s
61
46
1
'
10
paid
paid:
part
Helsingfors (City)
'
♦102%
101%
5%
ext 6%8—
external
16% '
'•
RAILROAD AND INDUSTRIAL COMPANIES
A
Adriatic Electric Co 7s
Southern
Alabama
Power
Alleghany
37
27%
Western
H
60
2%s
debentures
11%
2%s
deductions—^
41%
2%s
debentures—
conv
Mexico
2%s
1943
3s
1968
due
ALarge
-
ALarge
.
,
A5s
New
ass'td
Atlantic Coast
(1942 agree)—1953
ALarge
A4s
of
1904
(assented
ASmall
1st
1922
6s of 1913
(ass'td
agreement)
1933
ASmall
A6s
ass'td
Mlnas Geraes
1952
s
f 6%s
to Plan A
(Int reduced to
2.125%)
ASec external s f
6%s
to
(Int
External
sink
fund 4%s
sink fund
s
extl
f external
Municipal
Oslo
1959
2008
1957
Bank extl
f 5s
s
1956
ref
1963
1994..
1967
reduced
ANat loan extl
to
2.125%)
s
f 6s
JAPoland (Rep of) gold
2008
A4%s
..
4s
Beech
s
f
1950
1963
(City of) 8s
1961
2001
Stamped
pursuant to Plan A
(Int reduced to
2.375%)
6%s
Rio Grande do
Sul (State of)—
|A8s extl loan of 1921
pursuant to
Stamped pursuant
to
2013
1940
(City of) 6%s
ASao Paulo (City) 8s
Stamped pursuant
ref
124%
102%. 104 %
79 Va
70
-I
-70
81%
92
124% 124%
115% 115%
*__
103%
103%
104%
101% 102 Va
101%
105 V»
94%
103%
94%
95%
55%
56 Va
47 Va
38%
40
57%
37
100% 100%
44 Va
99%
101 Va
M
4s
ser
D
1985
1st
80%
3%s—1951
100
94
94%
102%
-
95
95
100
121 Va
93
104 Va
—1970
Cons mtge 2%s ser J
Cons mtge 3s sex K
1979
103
40
119%
1964
1976
Boston & Maine RR—
%
1st mtge 5s series AC
1967
5s
series II——
4%s series J J—
4s series RR
1955
1961
1960
74
83%
July 1970
45 Vb
59 V»
1954
Alnc.mtge 4%s ser A
(Ernesto) Co 7s
Bristol-Myers Co 3s Debs—
35%
35 %
103 %
104 Va
100%
102
ABieda
1968
*103% 104
Bklyn Union El 1st gold 5s__
..1950
Bklyn Union Gas 4s debentures—1969
Gen mtge 2%s
1976
Buffalo Niagara El 1st mtge 2%s—1975
Buffalo Rochester & Pgh Ry—
Stamped
Bush
modified
Terminal
1st
Consolidated
4%3
Bush Terminal
1957
4s_<—...
5s
*101%
1955
Bldgs 5s gtd
1
--
101% 102%
97%
98
100%
98
-
"IOOV4 100%
53%
52
97%
90 V4
98%
102%
98
100V2
53%
*102
1952
——1
Elec Power
1st
92 %
92 %
1960
93 V4
105 Vb 105 Va
3s
Canadian
National
gold
*101
II
:
5s A_.
Oc
105 %
Guaranteed
gold
gold
4%s__'
4%s
Guaranteed
gold
Plan A
2001
1957
Carthage
2012
Adirondack
—-
—
Central
1950
tACentral of N J gen gold 5s—
A 5s registered
AGeneral 4s
1999
Light 3%s
——
A4s
page 29
registered
107 Va
108%
*101 Vb
*75
—
79%
Ry—
1938
(Int reduced to 2.5%)
107 Va
99% 101
1999
A
101V*
102% 103 %
8s
pursuant to Plan
105%
93%
94 Vi
J
mtge 4s ser A
Gen mtge 4%s ser A—_—Jan
Gen mtge 4%s ser B
L-Jan
Illinois
105 V*
95%
107% 107 Va
95 V»
59%
pursuant to Plan A
to 2.5%
reduced
113%
1
Y4s debs (1947 issue)
1st
112
Ry—
SACent Branch U P 1st gold 4s__
Georgia
113 Va
105 V4 105 Va
Corp 3s debs
Celotex Corp 3V4s debs—::
of
108%
112%
112V4 112V4
Celanese
3
107%
106 Va
:
lsj/xntge gtd 4s
Central
H5V2
105 Va
112 Vt 112 Va
deb
&
113%
—
'
stock (perpetual)
Clinchfield & Ohio 4s__
Carolina
103 V8
114 Vb
*106%
Pacific" Ry—
conv
100 Va
104%
105 Va 105%
4%s
4%
99%
102
95%
114
5s—i
Canadian
—
96%
96 V2
4%s_J
5s
^Guaranteed
102
*103%
96 %
Ry—
gold
1952
to
California
gold
1952
A 8s external
see
80
1951
Extension
Guaranteed
1960
pursuant to Plan A
reduced to 2%)
For footnotes
■
1951
Guaranteed
Stamped
(State)
&
Guaranteed
—2012
(Int reduced to
2.375%)
A6%s extl secured s f
Stamped
70
lOfVa
103*.,V 103%
1980
1999
A Rome
(int
*3Z-
80
70
106%
-
Feb 1 2010
A
1968
Stamped pursuant to Plan A
(Int reduced to
2.25%)
2004
7s 1967 stmp
pursuant to Plan A
(Int' reduced to
2.25%)
2004
Stamped
33,.
110%.
due Dec 1 1995
Calif Oregon Power 3VaS
Canada Southern cons gtd
Plan A
(Int reduced to 2%)
A7s external loan of 1926
f A San Paulo
969
,
98%
'
2001
Plan A
(Int reduced to 2.5%)
A6s external sink fund
gold
i
(Int
J-
103
^.IOSVi "105%
.
1953
pursuant to Plan A
reduced to 2%)
Stamped
35
110
mtge
1968
pursuant to Plan A
(Int reduced to
2.375%)
sec
89
82
102%
1st
1947
r
Bethlehem Sfeel Corp—
Cons mtge 2%s ser I
mtge
7%s 1966 stmp pursuant
to Plan A
(Int reduced to
2.25%)
2006
(City of) 8s
1940
s
103% 104
'
;
96%
94
232- V
82
93%
92
due Dec 1 1995
due Mar 1 2000
income—
series
mtge
1940
7s
Stamped
(Int
104
1948
f debentures
s
1st
1958
loan
fund gold 8s
A4%s assented
:
AExternal
Stamped
1
Bell Telephone of Pa 5s series C..1960
Beneficial Indus Loan 2%s debs...1961
1st
|ARio de Janeiro
L
• X
.1966
stamped"
1961T V
2d ser
6s
sink
APorto Alegre
4.
•
107% 108%
103
103%
Q-J'-';—'.v-:.—
A-O
"I'
93
103%
»
J
Creek
1960
assented
AExternal
A-0
—-..-27
103%
••':*•
July 1952
4s
1959
assented
lAStabilization
1947
4s
ref
3%s
(Rep of) external 7s
ANat loan extl s f 6s 1st ser
A4VaS
1st cons 4s_
K
1st lien
Con
1970
3%s series B
(State of) 7s
APeru
t
>VU08%'
•
98%
103%' 104% '
94%
Bangor & Aroostook RR—
1953
Stamped pursuant to Plan A
t
'J-D
;A-0
23
" 105% 105%
56 Vb
66
*61
41
57
%
43 %
108 Vb 108 Vb
—
_.
88'/4
S'western div 1st mtge 5% ser A
(3%% fxd & 1 Va % cont int)—1980
Toledo Cincinnati division
1957
lAPernambuco
'
1995
G__
conv
Ref
1
1963
(Republic)—
AStamped assented 5s
Stamp mod 3%s ext to
(Int
105%
96%
96%
101 Va
66
417'.
95%
Fe—
mtge 5%
(2% fixed
contingent interest)—
Series
Panama
sec
104% v
:
•'
115;."
M
92
•
Pgh Lake Erie & West Va—-
1965
loan
(City) sink fund 4%s
Ext
gen
3%
A4%s
2008
Plan A
reduced to
2.125%)
Netherlands (Kingdom) 3%
Norway (Kingdom of) 4%s
4s
98%':
•
.
97%
•■ ■ w, ;•
J-D'
.
93%
92%
101% 102%
'•
92'
*
Series M
due Mar 1 1996
Ref & gen mtge 6%
(2%% fixed
ahd 3%% contingent interest)—
1958
Stamped pursuant
3%s
&
Series
Series
6%s
Stamped pursuant
.
Ref
(1942 agree)—1963
(State)—
ASec external
'
/
98
102%
j
.59
v.
84 V4
76'"""
,
mtge 4s
and
New
ASmall
AMllan (City of)
'
1
••
J-Dt-vr
J-D
96%'
93% ''
.T.
".
95%
99%
75
,
32
-
80Va
98%
22'^
'
101 Va
'•69 "
.
1st
jATreasury
to
'
20*
108%
ser A
July 1975
mtge 5% ser B (4%
fixed v
and 1% contingent int)
..July 1975
„
ASmall
•
Santa
Baltimore & Ohio RR—
A4s New ass'td
(1942 agree)—1963
'
j-1966
§ASecond mortgage 4s
Atlantic Refining 2%s debs..
to
agreement)
1954
A4s new ass'td (1942
agree)_1968
8A4s of 1910 (assented to
1922
agreement)
1945
"
'
r
'84y4 '-
97Va"r* 96%
'
J-D
-
:'
99%
78
7
104%,
Va
104'/a
100 Va
n' 13
:
"
■
unified 4%s A—.1——
1964
5 A Atlantic & Danville Ry 1st 4s__1948
1922
•
.July 1995
<
General
ASmall
...
«__t_—_1969
Stamped 4s
July 11995
•Atlanta & Charlotte Air Line Ry—
1st mortgage 3%s
—1963
—
ASmall
4
3s___^___'___1962,
1st gold 4s__
Atchison Topeka &
General 4s
-
5 A 5s Assented to 1922
agree—1945
.
dtbentuvfcsi; 1 i——1959
A P W Products Co 5s__
1945
1937
—1973.
debentures.:
Ann Arbor
1899
debentures^——■
debentures.,
conv
Amer Tobacco Co deb
agree)—1968
ASmall
-
conv
3Vts
';
76
75
-
•
X
A-O
;
'83%
76%"
;•
3-J
>
99%
•" 84%v.
A-O'V"
-
*69
99%
..
F-A
-
1987
3%s
(Republic of)—
IA 5s of
1982
101%:
.' ''3
1961
debentures—
;
104
__
,
108 % 108 % ;
101% 101% -
__
"
.1986,
debentures
f
"
JXD'
n————1975
debentures
2%s
*
M-S
36% ; 57
—
*104%
108 %
.
A-O -X:
i
'
__
v
—
'
A-O!."
■
•
x——1980
2%s
*
A Small
1st
__
J-J
Mfg 2s
2%s
—
M-N
gtd 4s„1998
debs^-.—_—1956
American Airlines 3s debs.J—____1966
Amer & Foreign Pow deb 5s_
.2030
American Telephone &
Telegraph Co—
Allis-Chalmers
50
'
A-O
1967
3%s
mtge 3%s_i_1972
Albany & Susquehanna RR 4%s__ 1975
40%
28 Vn
1952
1st
Metropolitan Water Sewerage &
Drainage Board 5%s
1950
Mexican Irrigation—
5A4%s assented to 1922 agree—1943
A4%s small
ANew assented (1942
1
Great
37
37%
1958
1958
Alabama
16%
<
1978
7s
assented
39%
26
7 ;
1978
1984
10%
18
Altaly (Kingdom of) 7s
Ajugoslavia (State Mtge Bk)
7s—
AMedellln (Colombia) 6%s
1979
conv
101%
100%
Public Works 1% to 3%
&A7s series B
Italian Public
UtilityCredit Institute 1% to 3%
AExternal 7s
conversion
(City)
130%
1979
12%
65
53
Irish Free State extl s f 5s
Italian (Republic) extl s f l-3s
Italian Credit Consortium for
A4Vis
102 %
'
6
AWarsaw
;
130
1937;—'
4-4%-4%s extl readjustment
3%s extl readjustment
Va
52%
14
1940
readjustment
3%-4%-4fts extl
77
56
Jan 1,:
part
Greek
-
3%-4-4%s
External
(Republic of) 7s
Republic extl 7s
Government—
1957
58%
•
$
1958
.1958
-
96
AEstonia
French
-
assented.
*54
Jan 3.
Jan 1,:
$
7s_,
County Council 3%s
lAUruguay (Republic) extl 8s
(Republic of)—
s
3%s extl
1962
extl
d92%
3
High
extl—.;..——1962
sec
Sydney
3
—'
Jan. 1
Low
1950
external
B
(Prov of)
External
El
.
series
A4%s
Stamped assented (int reduced
to 6%)
extended to
1
lADenmark 20-year extl 6s
1
-
secured
A7s
ASllesia
-
-
loan
water
High
>
.
79'
12% '
12
extl
Range Since
Sold
No.
(Int reduced to 2% ).
i—2012
Serbs Croats & Slovenes (Kingdom)—
47
68%
,
(continued)—
(State)
Bonds
Bid & Asked
Stamped pursuant to Plan A
68
„
14%
14% '
108% 108%'
42%
41%
81%
Sale Price
Stamped pursuant to Plan A
(int reduced to 2.25%)——2004
A6s extl dollar loan
-1968
78 %
35%
...
79%
'
V
-
A7s
78%
70
,
Last
Period
Low
San Paulo
of
Week's Range
or Friday's
Interest
High
Low
(Republic of)—
A6s of 1928
A 6s
1
Friday
Bonds
.
r
Monday, July 4, 1949
'
or Friday's'
Bid & Asked
Sale Price
Low
Colombia
CHRONICLE
Week's Range
Last
,
FINANCIAL
FOB WEEK
BANGE
Friday
&
53 Va
56%
52%
56
49 Va
50%
62
102%
103 V*
99 V4
101%
101 Va
101 Va
75
75%
■
Volume
Number 4817
170
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(27)
27
NEW YORK BOND RECORD
*
Week's
Friday
»
BON D'S ,•'**
>;•'
New York Stock
•
Interest
t
Exchange
Period
Last
J
or
Sale Price
New
York
Central Pacific
1st 8c
ref
1st ref
series
(4V*%
1st
Power
1974
;
1 1949)
1974
Chesapeake & Ohio Ry—
*
F-A
1965
J-J
•
.
103V4
R
Div
1st
consol
,
103% 103%
--.,
7
124y2
ref mtge
1st
&
4'%s
3y«s
F-A
100 %; / 100% 100%
J-D
105%.
J-J
J- J
A Gen
mtge inc conv. 5s
mtge 33/4S ser B
1st
A Gen
inc
A 2d
mtge 4s inc
Milw
1st
St Paul
110% 110%
F-A
F-A
99%
99
99%
95%
96
33
71
79%
79Vi
J- J
*50%,-
J- J
Jan 2003
J- J
1956
J- J
46%
35"';
84"
6,
99%'
7
V
99 %
Chicago St L & New Orleans
5s
51
Francisco Sugar
94%
,99%
?
107% 107%
•88%
89%
J-D
*99%
.•'
106
5
75%
69
3
Chic &
West'n
Indiana
4s
conv
A-O
1979
&
St
General
General
5s
109V4 109Vi
1974
f-A':
1966
J-D
1961
1993
B_
1993
.J-D
1990
coll trust 4s
Cleveland Electric Ulurn-3s_
.1970
_
1st mtge 5'%s series A
;
A-O
„_1980
Corp—
3s
Gas
104Vi
'.IS".*
Jf-N
Feb
"I
6
1975
J-J
100% 100%
July 2015
J-J
A-O
M-S
97%
104
1
I
A-O
1973
•
ii
1974
3Vis
Columbus & Toledo 1st extl 48__1955
•
-
B—
D
1969
__Jan 2044
Util
States
Apr
M
1st
1968
52%.
503/4
*973/4.101%
—1978
A-O
—1969
J-J
Hudson
Hudson'& Manhattan
87%
5
Coal
1st
series A
98
83
813/4
83" ;;
F-A
60
56
60.,'
119
.Feb 1957
A-O
23
'20%
23%
392
income 5s
1
1043/4. 108
Illinois Bell
Illinois
Telep 23As series A—1981
1st mtge 3s series B—
J-J
41% -'
6
.11)78
39%.
1951
1951
„^_1951
1st gold 3s
1951
Collateral trust gold 4s_—i—:_1952
Refunding
4s;
M-N
lines
4s
gold
3'/2s
8
10(^3/4
16
100
101%, 103%
19
103%
;/
105%
1003/4 lOOVi
3
100%, 100%
5
106
3y2s
107
107%
*^05
Cairo
1955
___..1966
gold
.105
105%
793/4
81
J-D
*102%.
*100
Louisville Div & Term' gold 3V2s_1953
J-J
Omaha
F-A
3s
1999
A-O
40
101'%
101%
1951
J-J
101% 101%.
•102 %
^
103 3%
104'%
1961
F-A
106 y8 106%
106
1063A
Cigar Corp 3Vis
1965
Consolidated Edison of New York¬
A-O
104%
101
104'A
1st & ref mtge
3s
3s
Consolidated
Continental
Crucible
1979
3s
debs
993%
Joint
94 5%
97'%
1st
&
98'%
100'A
1st
1023%
1043%
Illinois
102'A
J-J
9
5
142
60
*ioiy2101%'
:
M-N
*95
.
■
1053/4 .107'%
1013% 102%
100'/a
'
1952
1021/4
99/
99
*42
45'/
47
30
30%
lOlVi
93'A
J-D
J-D
J-J
J-J
§A7'%s series A deposit rets
§A6s series B deposit
receipts
...
d26%
-
79%
d26%
-
*99%
*100
79 y2
17
1946
J-D
*30%
*30
32
1975
A-O
J-J
*103 y2
1978
J-D
*104
/
303A
——
m
36
80
25'%.
9
100%;/100% IOO3/4
1978
.,
32,„
J-D
26 '/a
10 '; /:•: 79
'
28
1946 :
953%
"v. 52
r-
'i
30'A
35
31
1st ref
ref
Ref
101'%
103
103 7/8
1053/4
100
101%
81
1003A
103
34
105
107%
53
105 %
22
77
883%
lO3'/0
20
103%
100
„
104%
100%
1003/4 102'A
99'%
__
100 3/4
100%
100
100%
1st
100%. 102
gold 3V2s—1951
J-J
*90
101'%
101'%
F-A
*101% 103'A
102'%
103
F-A
1951
♦1O0
1013A
1013A
5s
4%s
series A
series
J-D
92%.
94
92'%
99%
i
1063
J-D
863A.
86V4
3
86
93%
*
1963
J-D
78
78
5
78
87',
.1970
J-J
95
1003A
100
100%
1963
C—
mtge. 4s ser D_,'
Terminal Ry 4s ser A:
6a series
102 >A
& N O—
94
,
95%;
'
.
JO
.
CO
100%
74'A
66%
69%
26
59
20%
22
' A-O
US
22
93
201/4
63
;..7.
531%
67:
53'%
671
■03"
*61%
:
64
d60%
;y
♦
J-J
*89
./
J-J
C.—.—-1952
A
AAdjustment, 6s series A^__July 1952
.A 1st 5s series B
*
^,1956
A 1st gold 5s series C—
1956
5Alnternat Hydro-Elec deb 6s
^1944
Int Rys Cent Amer 1st 5s Bl
1972
•_,
36
*98% 101
8c
1st
7
100 y8 100 Va
Imp 2y2s ser C__
1986
^International Great Northern RR—
A
108"
J-J
Indiana 111 8c Iowa 1st gold.4sb„,195&.
Indianapolis Union Ry Co—
'
'
100
,1951
103'%
1043/4 104%
1013/4 102%
1942
3%s
ref
M-S
1965
96
97
24
1003/4 1003/4
J-J
Registered
4
A-O
—1966
mtge 3'%s
Ry 1st 5 V28
§ A Deposit receipts
1
ACuba RR 1st 5s gold
§ A Deposit receipts
1951
gold 3s_—_1951
Western Lines 1st gold 4s
1
1975
1st
gold ^3s___/
111 Cent and Chic St L
97%'
103% 103%
107%
1st
Springfield Div
99%
106% 1073%
•102% 103
5 A Cuba Northern
Gold
96%
J-J
J-D
V
16
•
99%
M-N
-
99%
1968
Gas 2Vis
1st mtge 2%s
Baking
Steel
97%
_1963
Natural
Consumers Power
98
J-D
1972
E
ser
debentures
conv
A-O
71
.
26
35
.
;•
.
d60%
A-O
M-N
*97
71i
109
64'%
77
96'%
100
60%
97»/a
87
993%
«e
Dayton Pr & Lt
Jamestown Frankl & Clear 1st 4s„1959
1st mtge 2Vis
1st mortgage 3s
;
1st mtge 3s series A
Dayton Union
Deere
&
Ry
3 Vis
2Vis
Co
B
1965
N
Y
Lack
8c
Western
Alncome r»tge
Coll
Delaware
1st
102
101% 102%
90Vi
91
10
■v'42
,
96%
73%
87%
Jf-N
*50
52
48
68%
Grande
55
55
55Vi
36
21
1973
A-O
104% 104%
1977
J-D
*__
52%
69 Vi
103
104%
106
106
106
West RR—
1st
mtge ser A (3% fixed
1% contingent int)
Alncome
mtge ser A
1993
&
Salt
Income
1°%
.
Lake
mtge
Gen
&
91%
2018
Apr
59%
58%
59%
45
58
65%
1993
int)
j-j
1966
1970
series I—
79
M-S
J-D
78 Vi
105%
79%
15
77%
11
6
1073/4
14
104y8
96
96
100'A
*1003/8 ioiVi
J-D
101%
*102y2 103 %
—1961
Plain
A-O
161%
1
ioo3/4
1031/4
105 3%
104%
101'%
101 y8101 v0
10
99V4
J-J
114% 114 y2
2
114'%
J-J
*__
52
J-J
*98
100
"
98
1961
J-J
1997
1964
1959
A-O
debs__1963
M-8
A-O
Jf~8
*97%
i *173
108
II
1
173
173
180
102% 1023/4
1
1141%
100'%
108
J-J
unguaranteed
ctfs
'
*1037/8
A-O
Kings County El L & P 6s_,
Koppers Co 1st mtge 3s.—
4%s
104% 105
104%
J-D
22
993/4
100V4 1003A
A-O
5
1013%
103
14
%
2
1073A
116
110
105%
82
J-D
1978
Kansas City Southern Ry 1st 3s__1950
1st mtge 4s ser A
„_1975
1st mtge 3%s series B_
;
1968
Kansas City Terminal Ry 23As
1974
Kentucky Central gold 4s
1987
Kentucky 8c Indiana Term 4y2s,__1961
Stamped
1961
mortgage 2%s
82
108 % 108%
*75
City Power 8c Light 23/4S__1976
1st
JAKreuger 8c Toll 5s
series H
2Vis
87
fixed
3'%s series G___
& ref 3s
Gen
12
—
[3%
contingent
Detroit Edison
89
(4'%%
contingent int)
Denver
88%
J-J
A-O
66%
♦99% 1033/4
K
Kanawha 8c Mich
Kansas
78
Jf-N
1st gtd gold 4s__1990
102%
90%
*75y8
•
jf-e
102
101%
Jf-N
May 1 2042
Light 3s
coll tr 3Vis
8c
-v
65%
66
J-D
Lt 27/8s___,1976
Jersey Central Pow &
104%
1993
Power-&
mtge
104
*102
102%
lOOVi
104
division
4-6S
Denver & Rio
Jf-N
96%
1023/4
)
1973
due
& Essex
Tr
A-O
1963
i_
./■
div
$,st & ref M J5s ser C
Morris
J-D
1965
ser
debs__
Delaware 8c Hudson 4s extended
Delaware Lack & West RR Co—
105%
105
1982
M-S
99%
16
98'%
99%
debpntnres
tosg
J-D
107% 107%
9
1051/4
1091/4
Detroit 8c Mack 1st lien gold 4s
1995
J-D
*68
73
66
731/4
.1995
J-D
*65
70
64%
71
1961
Jf-N
B__1976
M-S
3s
ref
conv
ASecond
gold
Detroit Term
&
4s
Tunnel 4'%s
Det Tol & Ironton RR 2Vis
ser
For footnotes see page
29.
99%
96%
*•__
1'
,.
101%. 101%
J-J
St Louis Div & Term
1972 ;
...
101%
100 J/2
1951
3s
105'A
Div
70
1950
Bridge-gold 4s—
Div- 1st
*100
F-A
104 7%
1977
25'%
103
101% 102
M-N
;
104
99%
67 'A
193/a-
1013/4
—
104% 104%
M-N
104
Jf-S
l>
102% 104
103
*_,
104%
J-J
„_1953
gold 4s
*__
A-O
20
s;.
19-
,,
*101%
If-S
1952
1
Debenture 4%s
1982
55
'
___1955
:—;
Refunding 5s.
107
V *103%
J-J
gold 3%is
sterling-^
Collateral trust
„
J-J
ij
1st
104% 104 %
ist & ref mtge 2Vis ser A
1st & ref mtge 2%s ser B
1st & ref mtge 2Vis ser C
1st & ref 3s series D
98%
96
79/
,'K-
104% 105%,
f 3 Vis A
15
,
A-O
gold
1st
503/4
V"' 99% 100
100
J-D
Central RR—
105%
s
97'%
1253%
95-
J-D
104 7/8
Conn River Pwr
96V4
121'A
1
98
1962
J-D
Consolidated
102%
1
124% 124%
1st 5s A—*1957
f 5s
s
F-A
t: debentures
103'%
101
97%
*97%
J-J
1978
Ry & L 1st 8c ref-4'%s
973/4
103
102'A 102%
98
62%
1977
s
95%
*104
J-J
50,
78%.
1st mtge 3s series N
Conn
61,
*97
Jf-N
74
99V4
48'A
26
521/4
H
a
Litchfield
series L__
60
95'%
2
i.
Commonwealth Edison Co—
1st mtge 3s
1033/4^
101'%
97
2
62
*98% 101%
J-J
2%s_——1976
1st mortgage 3s
3s debentures
,
102
106%
•98%; 103%
8/
104% 105
r.
62
A-O
Collateral trust 3%s_..\
Jf-S
F-A
70%
103/4
7
100%
i
ser B
Gen mtge inc 4s
M-S
-
1970
7%/.
/
19
■
103% 103%
.
■
.
963%, 101%
30
*98
.
_
103%
*7%
90
101%: 101%
41%
;v,
623/4
7%
1013/e 101%
'
1st
—
*64
A-O
Feb
^
104i/2. 106%
98% '• 98%;
96%,'
,
1959
B
inc'5s ser A_
Extended
1971
El
Ctfs
1st 8c ref 4s series
"
1964
Ohio
96%
Jf-S*
68%
System, Inc—
Sou
78'%
943A
104 V*. 105 »/4
•
104% 105
...
102 vj. ';r" =102
Electric Corp—
deben)tures
Columbus &
75
1
96
Hackensack Water 1st mtge 2^%Si™1979Hocking "Valley, Ry 1st 4y2st.
^1999
Household Finance Corp 23/4Si>—;1970
543/a,
-
97%
•'
•
debentures
debentures
5
96
Purchased
-
1st mtge & coll tr 4s
3 Vis
78%
<
-*■
65%, 86%
112
•
;vi
Southern
Ry—
(stamped modified)
Columbia
.9
*1013/e
A-O
&
78%
96
J-Jv
J-J*
83%
60
50
F-A
•
1977
Gas
94
86'A
A Adj
A-O
3'%s
79
•105% 106
:j2Pdi,
Columbia
92 y8
2
N
ser
1st 8c ref 3%s seris
95
79%
•105%
7073
j
50
■
J-J
1972
Iron
8
88
Gen mtge
^023/a
2
57
J-D
1st mtge 4 '%s series C
&
93
88
3 '/as
"
92
QQ
50
1st mtge 5s series B__
Fuel
923/4
J-J
Gulf
111
10
67
56 y8
57
M -N
•1st
mortgage ,3s
igg2
Cleveland & Pittsburgh RR—
V
Series D 3'%s gtd
1950
.1
Cleve Short Line 1st gtd 4%e
1961
Cleveland Union Terminals Co—*
65%
,
j-j
I,,Y;St; Louis Div
5
95
83% >83%;
66
Jj-j
4'%s
95
95
J-D
1991
Colorado
97 *
J-J
101 %
106%
./ 99
1
100% 1003/4
.
J-D
-
1977
8c
93"
mtge
'
i
impt 4'%s series E
Colorado
1
Gulf Mobile & Ohio RR—
1021/4, 102%
F-A
r
!^V Cin Wab & Mich Div 1st 4s
1st
100.
118'A
108'A, 110'%
93
,
8
123%
116
93
'
1969
l
series
101 % 101%
Louis Ry—
gold 4s
Ref &
101%
120
1
J-J
106%
:
9
117 Vt 117%
J-J
104%
101%
2
J-J
;
1st mtge 2Vis ser G_
City Ice & Fuel 23/4S debs
City Investing Co 4s debs
Chic
102 Vi
"2
M-S
Cincinnati Union Terminal—
*
1st mtge gtd 3%s series E
Cin
33
lOlVi 101%
J-J
1962
1975
1st mortgage 2%s—±
Cleve
!03
1952
series D
1st mtge 23As
1st & ref 4 Vis
Cine Gas 8c Elec
102% ;106%
101,; 103
23
123% 123y2
J-J
A Debentures
102% 102%
102% 103 vA
13
i08y41033/a
123%
J-J
4y2s series D'_
Greyhound Corp 3s debs
103% 104%
87
101
100 y8101
1990
Gen mtge 3y8s ser O
2000
Gen mtge 2%s ser P
1982
Gen mtge 2%s ser Q
2010
Gen mtge 2V*s ser R
1961
AGreen Bay & West deb ctfs-A^a—
72%
103%
•
99'%
36
101
1952
Gen
77
67%
.
\
82
84%
*83%
Jf-N
_1976
5y2s series EL
General
98%
74%
14
.
104'%
102%
*104
-Z1973
General
General 5s series C
;102%a03%
,/-8/
75%
68
J-J
M-S
65'A
59
453%
;
101%, 102
J-J
_„1963
1969
.A4s.conv inc. debs
107%
88%;
t
•
J-J
J-J
M-N
(B F) Co 1st mtge 2Vis_1965
Great Northern Ry Co—
'■ .
' i
*99% 101%
J-D
„
103
45'%
46V4
103%
597/a
17
*'
•
104%
101%
*44%.
1956
coll trust 6s
91%
102
99V4
103
—
46V4
M-S
—
47%
90-
1951
1963
of deposit.
A Certificates
86V2,.
47Vi
Chicago Union Station—
1/
-
,
'"\u\
1994
99
103 Va
M-S
1974
A 1st &-ref 58 series A:
/
103
*102%
J-D
1st 4J%s—^.1959
JFlorida East Coast
Goodrich
1951
23/4-4Vis__
87 3/2
83
Jf-N
1961
debs
Rub 3s
Firestone Tire &
65%
84
102% 102%
1st mtge 3 Vis series F
1st mtge 2%s ser G
83
General Realty & Utilities Corp—
J-D
Income
83
65
Memphis Div 1st gold 4s
:
77%
33
..
-
89 »A
80
95 %
100
1st mtgo 3Via
54
1951
Chic Terre Haute & S'eastern
Ry—
1st 8c ref M 23/«-4 Vi 8
1994
M-S
Div
48%..
Gold 3Vis
i
72
80
*99
383/4,
90
89%
57
~4
102
_
J-J
1953
1971
mtge 2s ser H
82
47%
107%
107
59%
♦
A-O
Jf-S
cons
51
90
Apr—
106%
__
58
59
J-J
1st
50%.
47.%
j.j
103 %
99
♦101
J-J
41
J-J
1994
104 y4 104%
1123/8
/ 105V4
"
38%
Apr
A_Jan 2019
105
,
lnc-4%s ser A—Jan 2015
mtge
111'A
•
__
75
45%
37
>
1st cons mtge 31/4S ser E
1964
1st cons mtge 3%s ser F__—.—1990
1st cons mtge 3yes ser G
2000
'
..
Jan 11999
ser
A-O
,
48Vi"
„
Apr
1989
4Vis
A-O
-1965
stamped
Erie Railroad Co—
87
60%„
34
„
Apr
Jan 12044
mtge 4s series A_
conv
1st 5s____1965
5s
1st cons gold 5S
1203/4
75%
12
Chicago Rock Island 8c Pacific Ry—
mtge
El Paso & Southwestern
(NY)
46%
71
118
;/45%
34
J-J
1994
..
1970
98 7%
32%
111% 1113%
*105
)
58%
mtge 3s ser B
AGen
99%
*146
If-8
;
t
J- J
conv
1st
101 »A
Elgin Joliet & Eastern Ry 3y»s
}
4
32%
1988
mtge 4Vis inc ser A_.Jan 12019
1st
100
:
i.
24
71
Jan 1983
inc 4Vis
49J/2
57
100% 101%
M-N
122'%
943/4
32%
4s
101%
J-J
110'%
22
*120
Gen
mtge conv
46
1958
Gen
3
Jf-N
Chicago & North Western Ry—
2nd
:
Jan 1 2038
B
5
1995
109 7% 1111%
:1091%111'A
98i% 101
4
Jf-N
4Vis
ser
49
Ed El 111
Ohio
1
inc
F-A
High
97%
49
__
East Tenn Va & Ga Div 1st 5s
1063%
Pac RR—
mtge 4s ser A
1977
Jan. 1
Low
4
}
,
109'%
8
;
101
118
J-J
A
ser A
&
128
104'A
1985
Chicago Indiana & Southern
Chic
122%
97 '
i
.1982
A
ser.
mtge 4 Vis inc
J-.T
debs
2.35s
No.
99%
105'A
1
1997
4 Vis^
mtge
1937
Chemical
High
99%
„
7
97/' 101'%
'ii
110% 110%
Chicago Ind & Louisville Ry—
A 1st
Dov*
Range Since
Sold
101'A
27
122% 122%
*109
F-A
1970
Chicago & Erie 1st gold 5s
Chicago Gt West 1st 4s series
1961
J-J
t§ADul So Shore 8c Atl gold 5s
101'%
100,
19
;
105% 105"%
J-J
1985
mtge 2%s
:
& Eastern 111 RR—
Chicago
}
Bonds
Bid & Asked
High
103'%
17'
1977
B
5
I',/;—'.'.;
20
1989
series
Week's Range
or Friday's
Last
Low
c
99%
100% 101
1989
4s
ref
ref
,
Sale Price
Period
Duquesne Light Co 2%s
124% 126%
1958
&
&
Interest,
BONDS
New York Stock Exchange
103'%
100'% 1011%
/■•'
1
1973
—
1st
1st
102'%
•
■
14,
Chicago Burlington & Quincy RR—
General 4s
Low
8
v.
1996
gold 4s
cons
gold
—
*101%
M-N
A
103 3/8
*101'A
'
__
MS
8c
1
•V'
1992
1996
i
Ref & Impt M
Ref & impt M
2d
JULY
Jan. 1
No.
•
3'%s series D
3'%s series E
Ref & imp M 37/eS series H
^
ENDED
Range Since
Sold
100'/a 100 Vi
F-A
1968
ser
General gold 4'%s
F-A
WEEK
Friday
Bonds
High
103..,
103%
FOR
-
B
Champion Paper & Fibre deb 3s
mtge
A-O
gtd gold 4s_1949
A
to Aug
3%s
3s
RANGE
Range
Friday's
Bid & Asked
Low
Central
<
97
96i%
89%
88
105 %
89
Laclede Gas Light 4%s conv
Lakefront Dock & RR
,1st
mtge sf
3%s
3%s registered
112% 112%
Terminal—
A—
Lake Sh 8c Mich Sou gold 3%a
ser
1968
1997
1697
J-D
J-D
82%
J-D
*71%
82%
81
96i%
80
74 7%
90'%
28
(28)
THE
COMMERCIAL
&
FINANCIAL CHRONICLE
Monday, July 4, 1949
NEW YORK BOND RECORD
RANGE
,'>i
Friday
1
BONDS
Last
Period
Sale Price
Exchange
A 1st
Nitrate
Co
93%
1st A ref
M
91*
97
Harlem
99*
P-A
f-A
*75%
Lehigh Vai Harbor Term gtd 5a
1954
Lehigh Valley Ry Co NY 4%s ext. 1950
Lehigh Valley RR—
P-A
is stamped modified
stamped
5s
series
A 4s
C
MS
MS
M-n
.2003
MS
series
i__
D
*28
*
337a
'•
38*
•
*
aowJ
A-O
Little Miami
*
M-N
_
r
"
A Lombard
gen 4s aeries A
Electric 7a series A
1962
-
1902
49%
35
18
*
107
1217a
,
107
61
•
1963
103* 103%
11
102*
2
106%
4s
104
108y«
A-O
-v
lien
3s
2003
A-O
.2001
A-O
—1960
\; Atl Knox A Cine Dlv 4s—
.76%
76%
97%
*108
94
97*
108%
93*
•
1st
109*
1st
mtge A eon 4s aer B
1954
Manatl Sugar 4a sink
fund__Peb 11957
Manila RR
(Southern Lines) 4a
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Mead
Cora
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67%
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ms
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^
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1
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.
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81
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\
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;
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series
A 1st
81*
81*
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82*
29%
3*s
;
-
69% &
28
75*
i
series
.1986
255
37*
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of
169
75%
88*
33
75*
88*
22%
174
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27*
45
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88*
70
75*
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81
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—
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65
i
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65
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/
1997
Pennsylvania
/
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Chicago A St Louis—
Ref mtge 3%s ser E
1st mtge 3s ser P
*
■■■■
'
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ser
B
N Y Dock 1st
gold 4s
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gold 3%s
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series
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29
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1988
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1974
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100
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1980
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1981
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1957
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97*
A-O
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75
81
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&
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ref
ref
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92
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100
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106
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108
102
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1956
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1963
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1968
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1972
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1984
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1974
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A
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mtge
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107*
--
__
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.—1977
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A ref
97
105
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1962
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1958
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1959
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1970
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50
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1965
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1971
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12
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1960
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'
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81
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:
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.
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1974
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72 *
12
56
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|
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14
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,
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MS
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60
.
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.,
107 y2
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,
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85
128'/.
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'
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—
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1970
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-1965
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72
128
112
97
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15
35
»/ ;
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72
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1979
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109
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u
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series B
101*
4
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'
81
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49
85
.1977
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12
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114
1979
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•
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s
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;
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56
__
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.
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,
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1st
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103
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1974
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1974
74
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Norlolk Southern Ry Co—
V
High
34*
J-D
1940
Niagara
63
Low
97
MS
1937
5s
Ref
r1
•
No.
57%
35%
-r
MS
1994
gold fts.
Telephone 2%s ser D.
mtge 3%s ser E
N Y
J-D
,197ft
1st A ref mtge 3s
v
A-O
1951
Lorlllard (P) Co deh 6a
3s debentures
Louisville Oaa A Bee 3%a
■
■
May
3-3
(ATerminal
High
56
3-3
gold
*' Range Sinee
Jan. 1
Sold
Chester—
A West nt 4s—June 1992
iA General
.
Bonds
Bid & Asked
573/4
■;
40"
32
;
61
Port
i
42*
28
A-O
A
4s
46%
30
*25
Lehigh Valley Terminal Ry ext 5s_195l
Lexington A Eastern Ry 1st 5s
195ft
Liggett A Myers Tobacco 5s
1951
Raver
30
56
0003
3-J
2007
:
Gen mtge conv lnc 4*s ser A-2022
32
-
■
2003
Last
Sale Price
RR—
Corp 1st
IN Y Susquehanna A Western1
"f A 1st refunding 5s
;
lA2d gold 4*8
52
2003
wl
A4*s series E wl
A5s series P wl
72*
41*
48
_
A Hartford
mtge 4s ser A
31
;* 13
39
~
1
Period
N Y Steam
60 V
71
33%
•
Interest /.
A General 4s
1955
N Y Power A Light 1st mtge 2%s—197ft
N Y A Putnam 1st cons gtd 4a—-1993
N Y State Elec A Gaa 2%s
1977
96'/a
30
1
■V'
33*
38
2003
;
■/
32*
33*
*27
2003
w
1
*
63
32*
,
/93
56%" 70*
:
25 /
63
2003
Cons mtge 4s ser A
4%s series B w 1_.
60
30%
2003
modified
?/;
58
Haven
IAN Y Ont
101*.
78.
75
:
85
J-J
__2003
4%s. registered
5a
'
59
99*
85
.
ms
3003
4a registered
4%s stamped modified—
■
99*
*78
1974
•
Low
Y New
xst
1094
■
Week's Range
'
or Friday's
High
88*
92*
•92
,U-''S:s:
New York Stock Exchange
■*.
,
88*
High
,1964
„
:
y
A
ApO
stamped
stamped
stamped i
V
.BONDS
Jan.1
Low
88*
Lehigh Valley Coal Co—
58
1
Range Sinee
Sold
No.
N
Dee
reg.
JULY
'
~
Ltd—
mtge Income
JB P mtge 3%a aer A—
5a
Bonds
Friday's
or
Lehigh Coal A Navigation Co—
5s
ENDED
Friday
Bid & Asked
Low
Lautaro
WEEK
Week's Range
Interest
New Yerk Steek
FOR
99'/a
103*
109
99*
12
99%
101*
103*
107'/4
108 y2..
J-J
*147 7a
146*
148
J-D
*216
215
220
M-N
*104* 105*
104
105*
~
Volume
Number 4817
170
COMMERCIAL &
THE
..
FINANCIAL CHRONICLE
(29)
2#
NEW YORK BOND RECORD
RANGE
Week's
Friday
bonds
•v.
r.....
Last
;Interest
,
,
or
Sale Price
Period
New York Stock.Exchange
FOR
WEEK
JULY
ENDED
' '
1
•
Interest
Friday
Bonds
Friday's
Bid & Asked
Low
Range Since
; sold
;'
Bid & Asked
Low
No.
High
Low
High
J-D
3%s„1960
—
Range Since
Sold
—
High
*__
*98
Tri-Continental Corp 2%s debs
1961
J4-S
Union Electric Co of Mo 3%s—
*101 y4X
j-J
Bonds
Jan. 1
"
Tol & Ohio Cent ref 8c Impt
1964
Week's Range
or Friday's
Sale Price
bonds
i.
New York Stock Exchange
Jan. 1
,
(
Quaker Oats 2%s deb_.
Last
"Period'
Ranee
1971
U-N
No.
Low
94
High
94
102
98%
100%
108%
109%
100%
100% 102
U
R
k.
x
/
Rocnester
Gen
Gas
Eec
8c
i
Gen mtge 3%» series H
; '
Gen
3%s series 11
mtge
;
:
l; -n-n mtae 3 V*s series J_
117
Union Oil
2%s
117
105% 105%
J-J
J-J
*8 '.
9
7'/a
10
9
8%
8y8
Ref
r
105% 106%
13
'
J-J
J-D
<
2%s
St
Lawr
2d
8c Adir 1st
1971
1996
1996
gold 6s
.
St L< Rocky Mt & P 5e stamped
St Louis-San Francisco Ry Co«—
US
1955
gold 5s
J-J
J-J
49
1989
UN
'•« .1st >i$ bond
certificates—
ctfs——Nov 1989
"-'Gen 8c ref gold 58 series A—
..1990
St Paul & Duluth 1st cons gold 4s_1968
St Paul Union Dept 3%» B
1971
J-D
Scioto V
U-N
& N E 1st
104
83
108
46%
61%
*106%
!■*
—
(,.127
6
r
105
,
;
—
loi,
103
91% ! 93%
99%
101%,
93 y8'-943/8
;
96
79%
96
75 ya
—
79
80
lit
107%
106
100%
.98% 1003/e
103% 103%
J-J.
A-O
79
99
99%
1033/4
1073/4 110
103'/a
2
2
79
:i.
—
k
A-O
.1973
106
1023/4
29
108% 109
a.:
Jf-N
lien 8c ref M 3'As- ser C
104
'•' .100
•
109
—1958
.—J.¬
.
103%
;•
A-O
—1995
cons 5s
Virginian Ry 3s series B
*._
.
...*105
—
MS
:3%s conv
; ",1st
,
..
.
MS
series B
f 4s
s
Ust & ref mtge 3s series F—. —1978
—1963
debentures
—2003
Va & Southwest 1st gtd 5s_
92
101
-
P-A
Jf-N
j.
109%
85%
■,
104
98.
79
.
22
-
100%
103%
106 y3
96
*105% 106%
106% 106%
—
*102%
*
—
9
,
1043/4
993/4
1003/4
'94%'-
*96-.
__
—4 —1957
.Cons
88%
49;,;
*
A-0
1989
gtd 48—
;
103
.;
7
93
.
*93 y4
4-
—
Jf-6
Virginia Electric & Power Co—
1st & ref mtge 2%s series E_ ..1975
100
85Yz
47%
.
%_ 108% 109%
.'•90'/a 100
102%~: 102 y4 102'%
J-J
bond
inc
4s
..
108
J-J
2d
I
92%
A-O
1959
series A ...1953.
Vandalia RR cons g 4s
86
97-
99
;I84%
85%.,
May
1997
4s series A.,.
mtge
.76
73-
•97y4
13
1
101%
70
70
mtge lnc 4%s»er A—^Jan 2022
Louis-South western Ry— *. <•:,
.: ;
1st
97%
101 y4
■
y A2nd
St
'100
J-J
A-0
y* 101%
101
—
Jf-N
1967
debentures
Universal Pictures 3%s debs
Baguenay Power 3s series A
12
;*,,,*100% 100%.
A-O
•
—1976
S Rubber 2%s debs
U
1966
""
—
MS
C__——1991
United Biscuit Co of Amer 2%s
12%
P-A
1976
series
2yas
mtge
103% 104
100%. 100%
t
—
.;
t
99%. 100 y3
100% 103%
"
oeuentures
a vus
US
—;
RR—,k
iooya
*103%',—
104
1967
1970
Calif 3s~ deb—,
of
109% 109%.
*100
i
__
M-N
1968
—
debentures
Union Pacilic
US
—1949
Inwpca
as
102% "104 ya
15
125
4118
US
J5 a Rutland RR <%». stamped.:—1941
1A Rut-CanaOlan
;
104 y. 104 y»
MS
1977
1967
1967
.1969
debentures
3s
A-O
coll trust 2%si——-1975
1st mtge 8c
93%
85
4
85 y«
Corp—
4%s series D
mtge
85%
A-O
Reynolds (R. J) Tobacco 3A debs—1973
*"
85 y41" :
Jf-N
Reading Co lBt &ref 3%S »er D__1995
100%
102 y2
127
128
100
102%
—
9
127
W
Seaboard Air Line RR Co—
'
1st
mtge 4s series A.
1996
—
J-J *"r
,'AGen mtge.4%s series A.—Jan 2016
(Jos E) & Sons 2%8
1966
J-J
Shell
Union
Oil
2%s
debs
&
Nor Ala
Southern
3s
Bell
RR
1971
gtd 5s
2%s
debentures
Southern
Southern
1st
Co—
Pacific
4%s
7■>
.
4%s
Gold
4VaS
-
.0;.W
54%
100
96%"
56
/
123
__
Walworth Co
i
1013/4
97%
•100
;
~5
'v
97%
94%
'r1,.
72
98 y2
72
MS /■
1977
1969
■
.
.
Jf-N
1981
——
91%
.
90%
793/4
i'.' Jf-N
•
90
91%
77%
80 y3
793/4
Vt
49
78
79
89
74%
.
1st mtg
Southern, Pacific
3%s
RR-Co— "
-
-
.
19
i
1986
:
-
;
•
•
Devel
J-&
J-J
2361 :
2361
Southwestern Bell -Tel 2%s debs
3-yeS
debentures
*92
>
81%v»
A-o y
95%
A-O
Maryland 1st mtge 4s
Western Pacific 4yas inc A
Jan
Western Union Telegraph Co—
Funding (s real estate 4'/as
25-year gold 5s
30-year 5s
;
Westinghouse El & Mfg 2y»s
•;
—
95%
"
;JT
99 Vu
1
7
:
108
A-O
98% ' * 98%
'
debs
Jf-N
1971
P-A
Sunray Oil C6rp 2%s debs____
1966
1972
J-J
,
101%
11
7: 96
1
103% 106
7: 41"'.;
52
•'"I
98%
;
,
(N J)
deb 2%s.
debs
25/eS
•-2 %s-debentures
U*
1973
-
■
V
M
95%
'•'ka*i-
99%
93%
33
7
97
Wisconsin
101% 102
*101%
Electric/J>ower
Wisconsin
62
97%' 101%
100%
•■•99%
95%
18
102
1013/4
93
16
86
73
743/4
36
•■•64%
86%
101 Va
100%
1013/8
*
-*98%. 99V4
<98%
4.100% 100%
.* 100
32
131
993/4
-101%
160
101 li
100%
— ...
96%"
96%
-
4 *97
1.
;~-72
4. 73Va
36^t" ■k :36%tf37
v'1'.
J'J
0
——
49%
46%
953/a
973/4
1013/a
973/8
MS
74%
l-41%
J-D
1971
78
36
37
101%
1043/a
k,
.
1976
113
72
32
J-J
Jf-N
1936
104
112%
*
100
74%
d72%
J-J
4
99%
96 y3
102%
10
.ni3——
J-J
C*
96%
'
99%
.102% 102%
.
1949
3y4s
63%
49%
109
99%
91%
A-O
.
1093/8
52%
;
19.
.
99 'L.
—
99%
MS
;
,
*iooy8 100%
■
J-J
lf.
2%s
54
,JtD
1960
;
1073/4
107%
-
100%
1979
Service
Public
98
1958
1st mortgage 27/®s-—
r
22
1967 ■}
ACertificates of deposit-.
i
t
iJ
,.^mi
lir
J-J
1970:
§ A 1st general 4s—
,—4
I
A Certificates of deposit
s?lASu &Du div 8c -term 1st 4s
97
99 %
*,
M-M
1992
'[lst mtge 3%s series D_n...
1063/8
*101
us
1949 ;
41
96%
i
1973
—1
^Wisconsin Central Ry—
,
97%
:
"
„
1951
.
55
993/4
104 y8
25
,
.53 ,J
„
73%
J-J
V
91%
J-J
1960
Winston-Salem S B 1st 4s
,
,
102% 103%
99%^
99%
U'M-3
*
94%
u-s
1951
i45
•
1063/4
.108%
.108
106%
k '99%
:~i.
55% "56%
,
99%
Wilson .& Co 1st mortgage 3s
,
'
Standard Oil
—f
U-N
.Gen 8c ref M 2%s series A—
(
99
May
Wheeling Steel 3y4s series C__
104
2
103
*
110
108
54 '.y.
1950
1917! :
debentures
conv
;
1952
Wheeling & Lake Erie: RR 4s___
;
107
104
2.65s
i
,
56%
Jf-S
.
2014
—
f;
98
US
v
■104%
♦107.
;
A-O
'-',| ,/:.2%s -debentures
116'/e
7. 99%
;
98%
J-J
Swift
103
7 95%
5
~
:
106
1
77 106
77"*41" >: 43 "7"
Af-N
Apr
7 79%
95%
100
i
95%
111%
38
lOlVa
1966
Co
92%
'
Standard Oil -of -Calif 2 %s
8c
84 y«
111% my4
79% 81%
J-J
.
87%
79%
94 y4
'-'f
J-J
1985
2013
•
A-O
1983
ASpokane Internet 1st gold 4%s
II
d-J
1994
series ■ A: • „3956 '■ V
Devel & gen 6s series A—
1956'
Devel & gen 6%s series A
1856"
Memphis Div 1st gold 5s^_
1996
St Lvuis Div 1st gold 4s..
..1951
gen 4s
84
77%
—
Western
92%
87
fV'.
i.
5
101%
104 % 104 y8
108
J-J
'••'.Registered
:
95%
'
J-J
—1961
*83
■
—
92
873/e
■y
6
49
*
J-D
1966
101
100
88%
48%
49 /J,
104 y«.
J-D
West Penn Power 3yas series I
West Shore 1st 4s guaranteed
1
101%
; 75
*100
76%
99%
101
-'.983/4
'
P-A
" *
1996
1st mtge 2%s series E
;
1st mtge 2%s series F
1st mtge 2]/4s series Q—
Southern Ry. 1st cons gold 5s
•
f
J-D
ser A.1975
-
—
88%
P-A
■
San Fr Term
95%
104% 105'/a
104%
A-O
Warren RR 1st ref gtd gold 3y2S__2000
97%
97
'
:.'V;l'/t
83
';64ya
11
Jf-N
1970
Washington Terminal 2%s ser A—1970.
Westchester' Ltg 5s stpd gtd
1950
,Gen mtge 3%s—
——1967:
100% 103*/*
iooy4
72
1
36
95%
*iooya
M-N
debentures 3y4s_1976
Baking Co—
'.5VaS
debs ^(subordinated)
■„
•
conv
„
Apr
Ward
96%
123%
95
*102'/. 103
j-J
97%
96
80%
66 y4
95%
64 V2
Apr
i.;
80%
80%
.64%
Apr
Gen mtge 4s inc series
A.
Jan 1981 :
Gen mtge inc 4y4s series B—Jan 1991
1st mtge 3%s series B
1971
V Walker (Hiram) G & W 2%s debs_1966
693/4
,96
94%
*
':'H 24
Wabash RR Co—•
>"f
v«
(Oregon Lines) A—
Gold
d
97 y4
58 34
,
;.t
.101%
96 /
*123%
A
F-A
1994
,
;i
25
»__
-fei
i-j
1987
2%s.
84
-'
*44
y':££r"->f
96%
:
J-J
1985
Indiana Ry
rl
;
-
63y4
94%
(-if
A-0
14 1
94%
c
J-D
—1979
debentures^
2%s
'
:
—
F-A
102%
63%-. ./ 60%
.
V.
97%;
: j-j
,
1963
Tel Co—
Tel &
debentures
;V';.
A-O
t§ASilesian-Amer Corp coll tr 78—1941
Skelly Oil 23/4s debs—
i
1965
Socony-Vacuum Oil 2%s
1976
South
'i.
J-D
Seagram
102
102
,
1063/B
14
97%
•
2r
'io6%-
"V
: Terminal RR Assn of St Louis—
'
Ref 8c
J-J
Ref
A-0
imp M 4s series C_.
2019
imp.. 2% s series D
1985
Corp 3s deb..
:
..1965
; Texas 8c New Orleans RR—
.
v *
" '
r /lst & ref M 3y4s-series B__l
1970
7
1st & ref M 3%s series C—
1990
;
&
7 Texas
-
.
Texas
:
Pacific
&
1st
gold Ss_;
A-O
1985
tThird Ave Ry 1st ref 4s._.__1.
.
7 AAdj
income 5s—
*126
J-J
...
:
99
Tonkers Elec Lt & Power 2%s—1976
106
•
■
.
95
:
v
99
i
S8%".97y*
..w-
36
.
v
a
Deferred
J-J
46%
A-0
1960
Jan 1960
17%
:i
^Negotiability Jmpaired
97% 101%
47%
V
17%
205
maturity.
94
96'
94
,
not
sals
ABonds
45%
selling flat.
no
^•
;r; '•/r ■■<•>'<
as being in bankruptcy, receivership, or
securities assumed by such companies.
or
♦Friday's bid and asked prices;
71%
16%
by
tCompanies reported
102
.41
104
18%
44
100%
1
*94
j^jr'
sale not
delivery
the Bankruptcy Act.
"101% 101%
J-D
-
Included In the year's range, d Ex-interest,
e Odd-lot sale
Included in the year's range
n Under-the-rule sale not included in the year's range,
t Cash
not included in the year's.range,
y Ex-coupon.
r,.".", C
::
/-.J.*' v7 7118% 127
137
98%
104%
^-7
.W/n
J-D
y Texas Pacific-Missouri Pacific— ; j
"
v-;
Term RR of New Orleans 3%s__1974
18
94%
'.^-4
•
115% 117%
99% .101%
1;;
100% 100%
.104% 105y4
A-O
2000
Gen & ref M.3%s series E
•117%
100%
U-N
:/"/• •
reorganised under Section 77 of
7/"'.
'
v
:
.
week.
sales being transacted during current
,
•
,
v
'
NEW YORK CURB EXCHANGE i'iili
WEEKLY
In the
following extensive list
furnish
we
a
RECORD
YEAKLY
AND
or
,,
-
RANGE
-
"
WEEK
FOR
ENDED
JULY
1
"
;
Sales
Week's
Friday
v.'y
Friday
-
'
STOCKS—
Last'
,
.
V '
k/.y"
New York Curb
v.
-
-
A
ACF-Briil
Acme
Aluminum
Wire
Adam
Hat
Co
•
Alloys
Supply Mfg
Surpass Shoe
Air
Mfg
1
Stores
Alabama
Great
Power
4.20%
Alles
&
Airlines
Fisher
pfd
Internat
Allied
Products
(Mich)
Corp
common—
Bros
Aluminum
$3.75
Co
of
America
Aluminum
Goods
Industries
Ltd
American
American
American
5
100
4%
Jun
5%
79
5%
300
.
.
4%
4%
60
X
class A
Beverage common
Book
Co
For footnotes see page
33.
American
American
Hard
Feb
Apr
Meter
Jan
American
Natural
9%
Mar
Jan
6 "k
Co
American
Class
Potash
-
-
&
Chem
class A
600
45%
Jun
54
98
400
93 34
Jan
98% Mar
American
Republics
26% Jan
American
Seal-Kap
—
21%
Jun
Mar
Jun
63/4
Jan
38%
36
2.800
35%
Jun
51%
Jan
1,000
S/8
Jun
l3/8
Jan
%
%
3/4
59%
59%
59%
1
100
1
-
50
1
Jun
59% July
^
*
1%
66
Amer
$6
,
2
t—*
93/a
21
13
3V8
7V4
3%
7%
9%
13
3V!»
—
v
v
High
Low
,
800
100
8,700
common.
Superpower Corp common
series
preferred
preferred
American
Thread
Jan
Amerirnn
Writing Paper common
Jan
Anchor Post Products—
0
••
--
175
15%
373/4
111
2
Mar
Jun
Jan
Jan
Jun
6% May
18% Feb
/
114% May
27/a Feb
32,/2 3an
800
50
—
—
.-20 y4
13
__
__
'
6%
6%
I6V2 16%
42% 43%
112'/4 1123/4
2
2Vs
30 % 30 %
—
—
2% Jan
31 4 Apr
34% Apr
100
•'
9% Jun
13% Jan
350
100
20 % Sun
13
July
25 % Apr
15% Mar
4.200
200
Jun
7% Jun
5/4 Jan
10 .4 Jan
17 /4 Jan
.25 /4 Apr
Jun
31% July
—
—
23%
22%
23%
22,000
25
31%
31%
31%
50
223/4
2234
23%
23%
20%
' 3%
%
74%
4%
1 5%
21%
3%
/a
434
43/4
3
"Jan
—
*
—10;.
5^
433%
„
*
B
49
Range Since January 1
Shares
High
*
Co
Gas
preferred
—
—
—
—1
Co
Metal Products common
American
American
6'/4 May
20
25
Mach
Maracaibo
American
100
10c
1
1
25
Co
Rubber
Laundry
Mfg Co common
Mar
5
43/4
38%
1
.100
American
Jan
3%
Jun
6
Mar
17%
Feb
common
preferred
convertible
preferred
$2.50
Apr
com
preferred
48%
*
1
■
common
Electric
convertible
Apr
:?'■ 6
&
96%
48%
IIoo
•
Car Co
—
„
——
43/4%
Gas
American General Corp
7
'
Jan
13%
Jan
92 Vb
.
Feb
2%
V."
.
Jan
7%
$2
1
♦•>•.
10
.
American
95% May
Feb
.5%
C:'
B
American Fork & Hoe
6 5/8
Jun
3%
—
Class
Jan
Jun
10% Mar
Jan
3%
1,400
—
common
5%
79
91
793%
„•
4%
y-Vr
Jan
Jun
%
common.
Bantam
7%
8%
——
Jan
5
1%
900
300
1%
-.-V'V".
3%
32%
;v>:
8%
1%
•
4
Mfg
Aluminum
Aluminum
,
Jun
8%
—
1
•
Jun
3% May
1% Mar
5
common
preferred
1%
20
1,500
Sales
for Week'
& Light—
Cities Power
American
Range
of Prices
Low
Par
:
1% Jan
5
—
—r
_„J
•
common
cumulative
High
% May
—t
5
4
-
1
Altes Brewing Co
Aitoier
600
—-
1
Investing
1
«—.
4%
—
100
Low
•
High
■
*
1—5
1
Inc
common
Allied
%
-50
Soutnern
Alabama
Alaska
Low
;i_.
1
J)
Appliance
Eiectric
Air-Way
yy.
1
——
(N
•••'>
Week's
Last
Sale Price
New York Curb Exchange
Range Since January 1
Shares
1
10
common
Inc
Associates
v
y(
.
Inc
Agnew
Ainsworth
Par
r.'J
common
Stores
of Prices
Sale Price
warrants
Motors
Acme
Aero
.
...
Exchange
j
STOCKS—
for Week
Range
beginning on Saturday, June 25
include every security, whether stock
V
"
complete record of the transactions on New York Curb Exchange for the week
ending the current Friday, July 1.
It is compiled from the reports of the Curb Exchange itself, and is intended to
bond, in which any .dealings have occurred during the current year.
v
'
•,
and
—
223/4
21%
2
—
10c
*
0
—
0
9
A
4%
__
75
4^2
.
30
22 4 Jun
150
300
1,700
20^0.
13,700
300
500
5%
100
28,4 Mar
28% Mar
223/e Jun
.
20%
2A
4
58
t.?
Jun
Jan
Mar
Jan
1?
T
4Jun
25% Jan
3 4 Mar
80
Jan
May
.
/8 Jan
,B
i
1
J;
THE
(30)
30
COMMERCIAL
YORK
NEW
RANGE
stocks—
Last
New York Curb Exchange
Sale Pries
Co Ltd—
ord reg
Angostura-Wupperman
^Apex-Elec Manufacturing Co
Anglo-Iranian Oil
1
1
10C
1
Inc
•
W
*
S.M
Common class A non-voting
preferred
Arkansas Power & Light
Aro
$7 pfd
Equipment Corp
—a
200
7ft Feb
Chief Consolidated
Mar
8
127a
2ft
Feb
"5'/a
"5'/a
100
5
Jun
106 ft 1093/4
230
103 ft
'
j
109
2'/a
200
87a
9'/a
5,600
87a
93/i
18,600
57a
Jan
107a
10%
200
10%
Jan
113 ft
Jan
~67a
"65/a
100
6
Jun
9%
Zv
—
33/a May
8ft
5%
3%
107a
Controller Co
15'/a
15
15 ft
21ft
21ft
217a
800
7ft
Ashland Oil ft Refining Co
$1.20 conv preferred
7ft
77a
1,600
Asplnook (The) Corp—
Electric
1,900
14%
Coast
87a
197a
21ft Jun
Jan
May
13 ft
13ft
100
123/g
Jan
14 ft
Apr
13ft
14
700
10'/8
Jan
14
Jun
14 ft " 15
100
14ft
Jun
17
Mar
-4
23 ft
Jun
8 3/4
Feb
22ft
3ft
Jun
38
Jun
51ft
Feb
Apr
7 5ft Mar
V
53/4
Jan
37a
Jan
5%
-43/4
1,600
4
Jun
778
Apr
4
4
7a
34 ft
337a
100
33Ya
Jun
4ft
Apr
3/4
Jun
4 ft
Jan
347a
900
41/4
4ft
200
27 ft
21
Jan
BO
Jan
Vtc
273/4
175
6%
1
1956
to
ext
Consol G E L P Bait common
•
,
Avery (B P)
6%
4ft
5ft
6,200
4
Jun
13 ft
13 ft
Plywood Corp
Automatic Steel Products Inc—
Automatic Voting Machine
13ft
400
11
Jun
4ft
•
~6ft
678
333/4
Jun
4
407a
Feb
27ft
200
60 3ft
60
603ft
2,400
8%
8ft
10
10
10
Utilities
104
6 3A
200
Jan
25
Apr
Feb
15ft
Jan
Continental
lift
Jan
32 ft
Jun
Jan
8
49 ft
1,800
41
553A Mar
Jun
——
— —»-
aMwHn
DnKka*
Baldwin Rubber Co common
Banco de los Andes—
American shares
Barium Steel Corp
Barlow ft
Seellg
—90
34%
34%
8
*
3274 Mar
50
200
8
36ft
Feb
7
Jan
5
May
6
■
6
Jan
Feb
16ft Jan
5ft Feb
10 ft Jun
—
7 ft May
6,100
common———1
Convertible preferred
Blckford's Inc common
43/4 May
lft
Jan
35ft
1,000
33 ft
Feb
6ft
6ft
700
5%
Amer
3
—
•
dep rets qrd
5ft "
57a
500
32%
150
66 ft
10
14ft
15
90
5/
16ft
4
5ft
16ft
5ft
23 ft
13ft
1,200
4
5
<1
—
.
—lg
Brown Rubber Co
common.
Bruce (K L) Co
common
Bruck Mills Ltd
class B
1
2.50
Feb
Jun
500
74
Jun'
—
—
mm
22
mm
2
10 ft
ft
2
10'/a
5
47a
: 7ft
mm.
mJm
•
22 ft
147a
50
18
10 ft
400
Cable Electric
Products common
Cables ft Wireless—
2
Jan
Jun
103/4
Jan
5ft
Jan
9ft
Jan
20'/a
Jan
700
100
143/4 May
;——
4%
Jan
103/4
11
1,000
107a
Apr
13 ft
14 ft
1,300
127a Jun
6ft Jun
—
—
—
%
A
%
23/a
23%
2ft
BOi
3
3
2ft
2
—
3,700
2,300
5 •
May
ll3/a Mar
22 '/a- Jan
12 ft
Feb
7a
Jan
A Jun
lft
27a May
Jan
300
27a
Jun
4'ft
31
25
678
Jun
Apr
Jan
42
297a
u
2,800
•
28ft
Jun
200
6 3ft
Jan
6ft
Apr
Feb
83/e
Apr
Jun
5'/a
lift
13ft
Jan
100
17a
Jun
27a
Jan
-100
1 ft
Jan
43/8 May
•••
~2
3ft
3ft
62
62
153ft
153/a
'lift
7 ft
Jun
"Jun
5
-900
-
Feb
41 '/a Jan
7.1
-Feb
VSr Jun
1,900
u
33/4
3% Jan
153ft
40
30
}
f y
common.
2.B0
1
106
Mar
47a
Jun
10ft
--
Jan
May
87a Mar
5ft Mar
"mm
May
177a
Apr
102
mm
65
Jan
14 3%
1,200
u-
Jun
Jan
6
14ft
Jan
1,000
2ft
Jun
2'ft
37a
3ft
Jun
Jun
8 3ft. Mar
53ft Jan
7ft
Feb
7'ft
28 ft May
-1
■/
>10'/a
139
...
I
dep rets ord reg.
132
100
j.,
■
TI% *1%
18 3ft
'
-
mm*' '
;:;
183/4
/ 9
?•' 3ft
3ft
6 3/4
13
133/4
11%
Corp
•
Driver Harris Co.
23 ft
*
77 ft
23 ft
•»
Jun
1478
77 ft
Jan
22 ft
Apr
;■ ■ 10 ft May
100
Jun
23
50
76
Jan
3ft May
33 " May
57
—
18
.......
Feb
107a
97a Mar
■
14 ft
;.-
20 7a Mar
mm
Jun
32ft
Feb
79
74/.
.
Jan
Jan
*,.■
Jan
1,800
Jan
12
Jan
26ft
—
•
*
Draper
>23'/a
2'A Jan
3,600
—
21
Duke Power Co
27a
107a Jun
200
3ft
Apr
93/4, Jan
Jun
•
Jun
■
15 ft
,-j*1% Jun
.,.500 ; >J18«- ;Jun
*
Dominion Steel ft Coal class B
139
Jun
400
v.—
1
Dominion Tar ft Ghem Co Ltd
Jan
Jun
7
viv
.11
Dominion Textile Co Ltd common
Jan
v
10
500
11
•
-1
Domestic Credit Corp class ADominion Bridge Co Ltd
Feb
8
/'lift. Jan
9% May,
300
'
139
li:
*
Dobeckmun Co common.
.32
Jun
67s Feb.
—1
18
Devoe ft Reynolds class B
Distillers Co Ltd—
22'%
'
8 '
Detroit Steel Products
.6 •>/ Jan
Jan
3
,
...
.10
1
Manufacturing
Detroit Gray Iron Foundry
33%/:Jan
5ft Jun
"^
mm
-/ft,,-
65
Feb
'
Jan
May
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
Duraloy (The) Co
Durham Hosiery class B
Duro Test Corp common
Duval Texas Sulphur
11
17a
97a May
1
3 ft
3'/a
200
■■*
—
7ft
,'63/a Apr
1
*
oommon
'lift
11'/a
300
900
3
Jan
Feb
23/4 Mar
..
lift
Jan
Jun
5ft
Feb
10 ft Mar
«12 'ft
Jan
Jun
1,900
.68
Hosiery
Jan
ft
"33/4 "4^
American dep rets
8% pfd
Calamba Sugar Estate
parti©—*
28o
•
18
1
108
Detroit Gasket ft
Amer
8ft
103/4
12 ft#
lift Feb
Jan
14 ft
—
Burry Biscuit Corp
?
Apr
8
33
~6%
Derby Oil Co common—.
11% .x Jan
47a Feb
7 ft, Jun
—
16 ft Mar
Feb
378
,
Jun
23/4
•
1
<
23 ft
2.55
Bunker Hill ft Sullivan
Burd Piston
Ring Co
Burma Corp Amer
dep rets
33
2l3/» May
'
—
Buckeye Pipe Line
Jan
Jun
500
147a
Feb
15 "
Jun
5
5ft Mar
Jan
43/4
.
5
Day Mines Inc
10c '.
Dayton Rubber Co ©lass-A—.
>81
Dejay Stores common..—
60s •
Dennlson Mfg class A oommon
•
8% debenture
———.—108
Jan
6
22 ft
l3/4
'
Jan
14ft
5,200
r
Davidson-Brothers Ino common.
Apr
217a Mar
200
4ft
GOO
57a
29 ft
293ft
Lighting Inc oommon
Mfg Co (Mo)
—
Davenport
Jan
Jan
lft' Jun
mm
Curtis
Curtis
Jan
Apr
87a
1,000
153ft
Feb
7
Jun
\
—
mm
__
.
Jun
Jan
.
21ft
19 ft Mar
10
Jan
93/4
7ft Mar
33
33/4 May
33
20%
Mar
ft Jan
Jun
*
Jan
Apr
Apr
13ft Feb
20ft
7 3/e
May
3 ft Jan
21ft
20%
14
28ft
Jun
•
Jan
Jan
43ft
Brewing Co—
Cuban Tobacco
Jan
73/4
Apr
15 ft
100
Apr
14ft
Jun
Jun
10ft
20
—
700
5
lft
12
Mar
62
500
.<a.,
reg
Amer dep rets ord
reg
10$
British Columbia
Power class
A——•
Class B
—•
Brown Forman
Distillers
1
4% cum Junior
pfd
Jun
23/4
£1
British Celanese Ltd—
Jan
Mar
43ft
1033/8
V3ft Jan
7a May
--
Crystal Oil Refining common
$6 preferred
Cuban Atlantic Sugar common
5% preferred
Apr
X45
9
—•
Oil Co
9
38
Jan
9ft-
33
Crown Drug Co common—
Apr
Jan
1,600
66 ft
15
500
1,600
dep receipts (ord reg)—II
Crown Cork Intefnat'l "A1
Jun
Jun
150
32
—
Class A
lift
2ft
—1
British American
Tobacco—
Amer dep rets ord
bearer
Jan
Apr
37 ft
6ft May
5ft
British-American
2
6ft
13
11
-1
% prior cum
pfd—
Borne, Scrymser Co
Bourjols Inc
*
Brazilian Traction Light ft Power—*
Breeze Corp common
1
Bridgeport Gas Llght Co.
—-*
Brlllo Mfg Co
common
*
5ft
10%
35ft
1
common
Blue Ridge
Corp: common
Blumenthal (8) ft Co common—
Bohack (HO) Co common
10ft
5
Crosley Motors Inc..
Crowley Mllner ft Co
Crown Cent Petrol (Md)_
Mar
26ft
•
Blrdsboro Steel Fdry ft Mach Co
com-*
Blauner's
14
87s Mar
100
35ft
35 ft
——J
Benson ft Hedges common.
100
900
1ft
10
-1
«
4%
10%
lft
4%
1
1
Aircraft common
Bell Tel of Canada
common
Benrus Watch Co Inc
Jun
May
15 ft
153ft
Creole Petroleum—
Croft
M
1
Beau-Brummel Ties common
Beck (AS) Shoe
Corp
Jun
2%
9
.68
Jun
Jun
133/4
3ft
3ft
18
Courtaulds Ltd—
Mfg—
Bellanca
convertible prelerred
5%
8'ft Mar
3
—
$1.20 convertible A common
Basic Refractories Inc
Baumann (L) ft Co
70 ft
100
500
5
•
-I
American
*
700
Jun
12 ft Mar
Z.7
May
">8
-1
preferred class A
$1
Cosden Petroleum common
z8
27a
Yt
.
May
ft
Jan
747a
9
47
*
10ft
10%
104
Jan
9ft
■
•
27a
U
•
Apr
1/64 Jun
200
Bo
Corroon ft Reynolds common
49 ft
9 ft
/•
B
preferred
100
900
727a
74%
1
ft Varnish Co
Paint
Cook
•
107a
'
Continental Pdy ft Machine Co
7%
Apr
673/8 Apr
114ft May
Jan
109
'
Car-Na-Var Corp..
Cornucopia Gold Mines
Babcock ft Wilcox Co
Baldwin Locomotive—
1078
97a
—I
Jun
Mar
102 ft 104
103ft
Consol
Gas
Liquidating Corp
.—_—*
Consolidated Mining ft Smelt Ltd
1
Consolidated Royalty Oil
18
8
600
Feb
53/a Mar
Jun
58ft
60
__
Consolidated
8ft
6ft July
112 ft 113
Jan
53/a May
10
1,200
100187
"Ilia
com
preferred series O
4%
Jan
6
213/a
Jan
113
100
100
23
7
6ft
ft Sons common
preferred-
Ayrshire Collieries Corp
series B preferred.
4ft %
'
~5
Atlas
Apr
6,300
74
"
Atlantic Coast Line CO
Atlas Corp warrants
Jan
12
Jun
10
2,600
4'ft
Compo Shoe Machinery—
Jan
ft
8
34 ft
4
M
Commodore
Jun
Jan
Jun.
Mar
.'
Community Public Service
May
2
Jun
5'/a
22
•T/T--
00.
Hotel. Inc.
Feb
1 ft
l'/a
„
500
4'ft
Colorado Fuel ft Iron warranta.
Jan
1/64
v
Jan
4ft
Colonial Sand A Stone Co.
5/8
7,000
3,000
T-'
:
22'ft
3 ft
May
4 ft
7%
61,900
2
4'ft
Alrllnes.
Jan
A
A
1,400
lft'
22
Development ordinary-
A Mar
16ft
ti2
'
I
Aluminum Products Co—
Colonial
4pr
2 ft
2
lft
lft
.21
r
2 ft
Cockshutt Plow Co common-
Jan
Feb
7
•
—<
2
-I
—1
Club
Apr
6ft
/
II—1
Fisheries
Rights
l3/8
48 ft
—I
Colt's Manufacturing
Associated Tel ft Tel class A
Jun
Feb
437a
114ft Mar
Jun
~
Atlantic
78
38'/a
-18"
—
Co
Cllnchfleld Coal Corp common..
Feb
High
300
11,000
Lambert Mfg.
Clayton &
Low
%
43%
Claude Neon Inc common
Jan
Industries—
—*1
.American dep rets reg
•
Associated Laundries of America
•
Mfg
Range Since January l
High
3ft
-I
Clarostat
Shares
41%
_ld
Clark
Jan
93/a May
9ft May
Jan
Low
-11
Mining
City Auto Stamping
City & Suburban Homes.
Feb
109 3/4 July
Apr
1% Jun
2
2'/a
—
177a
127a Jun
:/:'7V 50
Sales
for Week
of Prices
Far
Colon
Associated
Last
Sale Price
High
127a
•
Arkansas Natural Gas common
6%
Low
7,3/4
Week's
Range
Friday
STOCKS—
Cities Service common
«
Appalachian Elec Pwr 4ft % pfd
1
New York Curb Exchange
•
Range Since January 1
',
Amer dep rets
JULY
ENDED
..
Shares
High
7,ft'
-1
Angerman Co Inc common—.
Argus
of Prices
Low
Monday, July 4, 1949
EXCHANGE
CURB
WEEK
for Week
Range
Par
CHRONICLE
FINANCIAL
Sales
Week's
Friday
FOR
&
>.
Calgary & Edmonton Corp LtdCaiif Cotton Mills Co
California Electric Power
~6% "5%
Camden Fire
Insurance.—
Canada Bread Co Ltd
20
20
20
1
400
25
6'ft May
Feb
7'ft Mar
Canada Cement Co Ltd
common—
6ft % preference
19 ft
Jun
22
Mar
20 ft
—
Feb
22
Jan
24'ft Jun
Canadian Canners Ltd
commonConvertible preferred
Canadian Industrial Alcohol—
24'ft. Jun
Class A voting
—
7'ft
non-voting
Canadian Industries Ltd—
preferred
Canadian Marconi
Carman ft Co—
•Amer
1
0
13
——1
73/4
..2.50
13
73/4
23/a
2%
443/a
common
455/a
100
95ft
Jan
Jun
12
May
2%
7ft
Jun
8%
Apr
23ft
Jun
35ft
Apr
40ft
2ft
2%
3%
37a
48
Apr
Z
Feb
4'ft Mar
Feb
137a Mar
1,300
111 ft Mar
Mar
2
Mar
5
3%
Feb
Jun
■
"lft
Electric
Power
l3/8
300
50
25
50
41
65
39
Fair child
88ft
Apr
Fire Association
150
40
5 ft
55
500
Jan
(Phils)
73ft
Feb
67
Jan
*2
div
—
May
Flshman
Feb
7 'ft
Apr
May
May
9ft
Jan
3
Jan
3
Jan
Jan
7 ft
363ft
rp.
300
25ft
Jun
4
6 3ft
200
6'ft
Jun
77a
Jan
200
7% Mar
10 ft
10'/a
Jan
10 ft
11
175
10
Jun
59 ft
137a
Jan
Fort
573ft
59ft
125
57'ft
Jun
64'ft
Jan
Fox
"7 ft
~8
Feb
7ft
2,400
10
.10
Jan
153/a May
6
Jan
87a May
93/4
300
Jan
13 ft May
94ft
5ft.
5%
lift
•100
,1ft
lft
2,000
31 ft
1%
31ft
11
lft
50
31
600
4
iV
1,000
iV
Jun
101ft
Jun
:.,;73/a
Apr
•1374
Apr
Feb
4 3/8
4ft.
v
5/..
900
lift
1
•
Feb
Jun
Mar
14
Apr
'17a Mar
35 ft
5
:
V* May
—
lift
Jun
1774
600
6
Jan
10 'ft Mar
900
6
Jan
9'ft Mar
to
(MH)
$1
Feb
Feb
Jun
i*6
18
Jan
Feb
_
of
Pitt
4ft %
.
Feb
5ft
Mar
8ys
Feb
13 3%
Apr
30
57 ft
Jun
65 ft
Jan
2%
Jun
27a
Jan
21/4
27a
600
1
27 ft
27 ft
100
-
1
57ft'
—
-11
25
i
■
193%
V|-
Jlun
Jun
33
Jan
Feb
16
May
■
14 ft
—
4ft
4
•
18%
300
137a
100
•
•<W
•
Jun
4
173/4
Feb
21
Mar
20
■
5%
23
Feb
Jan
Feb
France—
preferred
On
ft
®6
fz
12,200
ft
'
Jun
1
common.
_
_
9ft
9ft
200
8% May
1.28
Brewing
conv
Feb
33/4
900
•■■.T
Brewing Oo-
fCloo A)
123/4
8,100
9 ft
-.
....
Franklin Simon A Oo me
Fuller
4,200
4%
57 ft
dep ret* bearer
(Peter)
'
18%
17
Co¬
Stores
Motor
Amer
.4%
4
9
18 ft
-
-
Class A non-voting
Class B voting
Ford
:>
r.;
10
_
Amer dep rets ord reg
Ford Motor of Canada—
9
7ft
53/4.May
83/4
Jan
133/4 May
66 ft May
Z^lOft Feb
87a
97a
-1
_
Ford Motor Co Ltd—
,
6ft
7ft
300
25,200
Jan
54ft
Mar
60
50
6ft
.10©
_
prfifftiTAd,,
cum
Feb
83ft
27a
_
First York Corp common
Feb
Apr
Jan
2 3/4
87v
1
Engine A Airplane.
Metallurgical
5ft
35'ft
6
13 ft
Jan
63
Jun
137a
6 ft.
133ft
—
5
■V:
1
2 3/4
Jun
Jun
-*•"
common
5'ft
1929
Charls Corp common
65
65
1
Palrehlld Camera A Instrument
ser
Conv preference
37 ft Mar
Jan
Fansteel
853ft
Cessna Aircraft Co common
Apr
37ft Mar
lift Mar
Empire District Electric 6% pfd——188
Empire Mlllwork Corp
1.
Emsco Derrick ft.Equipment
.1
Equity Corp common
16c
$3 convertible preferred
1
Esquire me
1
Eureka Corp Ltd1
Eureka Pipe Line oommon.
.18
Jan
9'ft Mar
60
Feb
75
43ft Jan
36
743ft May
200
60
warrants
15
60
9ft
6ft
Lights
Electrographic Corp
793ft May
78ft
57a
&
77
Jun
40
bencffMaFlnt———1
86 pfd shares of beneficial lnt
1
Easy Washing Machln#~ela«s Bi—*
Electric Bond ft Share 'VJommon.
Jun
61ft
50
•
4% Jan
Jun
62
43ft Jan
93/a
Century Electric Co common
Century Investors Inc
33.
125
"Tift
c'
M
..
278
50
65 ft
mm
♦
$7 preferred series 4*
$6 preferred series Bar—
Eastern Sugar Associates—
3'ft. Jun
77 ft
ICentral States Elec 6%
preferred—
7% preferred
Cherry-Burrell common—i
Chesebrough Mfg common
Chicago Rivet ft Mach
Chicago ft Southern Air Lines
Voting trust ctfs—
65 ft
65
.21
Eastern States Corp
600
Light 4% pfd
Chamberlln Co of America
65 ft
3 ft
64 ft
.188
.188
Feb
200..
24ft
"3 ft
3.50% prelerred--.
Central Ohio Steel Products
Central Power ft
Jan
Mar
2
(AM) ft Co
Catalln Corp of America—
Central Maine Power Co—
page
Jan
Jan
x43ft Mar
37a
Castle
see
21
200-
£25
12 3ft
common
ser
l3ft
.
109
Carter (J W) Co common
Casco Products
For footnotes
10%• Jan
200
dep rets A ord
dep rets B ord
Conv pfd opt div
Conv pfd opt div
27a
prior preferred
8% preferred:
Eastern Malleable Iron.
Option
3-—1
Carolina Power ft
Light $5 pfd—.
Carr-Consolldated B»*cuitCo
Carreras Ltd—
Amer
Jun
-105
Capital City products common—.
Carey Baxter ft Kennedy Inc.—
Carnation Co
Jun
7ft
Class B
7%
4ft %
Com shares of
—
i\
Eastern Gas & Fuel Assn com
8 ft
9%
850
6 3/8
Jun
8
Jan
1
-60
—*6
8ft
8
24 ft
8
24 ft
8
8
1,500
ft
350
8ft
600
25
%
10
9%
Jan
Jan
Jun
8ft Mar
23 ft Mar
25 ft
Jan
Jun
97s
Apr
7ft
Number 4817
Volume 170
THE COMMERCIAL & FINANCIAL "CHRONICLE
.
NEW
YORK
1
Week's
Range
Friday
Last
STOCKS—
New York Curb
Low
Par
CURB
FOR
WEEK
JULY
r
1
Bange Since January 1
High
Low
<
High
Lioo
preferred.
5%
Alloys
88%
50
1
Jun
2%
Jun
22 %
2%
2%
2%
Feb
7%
Jun
1,100
35
Apr
8
Jun
Krueger
Mar
1%
Low
Brewing
Shares
Range Since January 1
High
Low
High
Feb
10
Jan
10% Mar
.lft
Knott Corp common
Kobacker Stores.
92% Feb
Jan-
4%
Corp com—1
preferred
conv
89
Co
General Builders Supply
5%
88%
15%
i
Gellman Mfg Co oommon
General
14% Mar
for Week
Bange
of Prices
.
12
Mar
21
Jun
9 V*
(DEmll) Co common.
(IB) Rubber Co—
Klelnert
Oatlneau Power Oo common-.
Last
Par
Klein
i
<
Bale Priee
New York Curb Exchange
Sales
Week's
Friday
STOCKS—
Shares
31
EXCHANGE
ENDED
Sales
for Week
of Prices
Sale Price
Exchange
RANGE
(31)
18%
67/a
7
6%
300
12
12%
11%
12
12
127/s
2,700
6%
6%
600
5%
5%
400
Co
Apr
200
300
7% Jan
12% Mar
Feb
12
10
May
Apr
v'3%
Jan
23%
Feb
<
General Electric Co Ltd—
'
.
£1
1
10
*
100
dep rets ord reg
Amer
General Finance Corp common
5 %
preferred series A
General Fireproofing common
General
Outdoor
General
Phoenix Corp
Adv
6%
pfd
5%
■"!
5%
.
^
.
'mm
31%
31V*
31,
2V*
300-^
•8
•
•
preferred
Gerity-Mich
Gilbert
(A C)
Gilchrist
'
"mmmm
5'/a
•
Glenmore Distilleries class B
1
9%
Globe-Union
ft
Gobel
Inn
(Adolf)- Ino
3%
Apr
Jun
18%
Jan
21%
Jan
Jan
12%
9y« Jan
9'/a
35; J
1%
250.
37%
78
37%;
78
35
•
mm
Mar
28
Jan
V80
%
Jun
-la.-.'
*
mm,
,
.
Mfg common
10
Graham-Paige Moton ft ft
'..J,
48
-
1
Gray Mfg Co
I
•
5%
Jun
7.-
49% Mar
' V
6/ Jun?
.
Feb
10%
1,100,
Lit Brothers
62%
•
^
109
100
2ft
,
Great Northern. Paper
7';■
34
109%
138
v
34
-
33
■
I 'L
Grocery Stores Products common—25c
Gulf States Utilities $4.40 pfd
100
Gypsum Lime k 81ahast1.no
"7.
109
137.
•
80
r
Jun
11%
.
•
.ft
11%
mmrnm
i
142
21%
121/4
10%
9 Va Mar
12%
'
mmmm
Jun
23%
10%
Feb
13
Jun
May
24%
Jun
26
Mar
6% Mar
7%
Jan
26%
Jan
21V* Mar
24%
20 V*
Jun
24 ya May
"73/4
jun
9%. Jan
100
7%
\
Loblaw
Groceterias class A.
Class B.
Locke Steel Chain
Lone Star Gas Co. (Texas)
20%
21i
21".
2,600
7%
-lft
7%
300
7/a
79,900
6%
•
10ft
10ft
preferred B ctfs of dep
Lynch Corp
1
3
U
.%
85
,
v
'80%
s -.
"•
75 ;?■■■;
71%
.
76
,yl7%iVl8%
18%
12
12
/
Feb
-'8% Feb
v
13%
'7
Apr
Feb
88%
78 V*
Apr
Feb
20 y«
111%
Feb
Jan
Feb
11%
Apr
Service
Hamilton
100
12
12%
200
12
Jun
44%
45%
100
44%
Jun
x50%
Ifanischewltz
(The B)
8%
Jan
13%
Apr
Feb
14%
Apr
Apr
25
Apr
Jun
38
Jan
!
100
6%
100
Co_
International
i%
l'/a
1%
2,400
1%
Jun
2%
Jan
Rayon
1%
1%
100
1%
Feb
2
Jan '
1
~9%
9%
400"
8Va Mar
*
12
9%
12V2
5
Light
common
Harvard
Brewing Oo
Hathaway Bakeries Inc
Haseltlne Corp
Hearn Dept Stores atwwiwon
Hecla Mining Co
Helena
;
1
■
25c
•
Rubinstein common
Class
A
45 y4 :■■■
2ft
1
12
'
6%"
6%"
9%
87/a
9%
*■
:
7
700
11
8%
Jun
50
8%
Jan
4ft
Hoe (R)
40
92
91
68
_100
preferred w w
Henry Holt & Co common
1
~8
~i
10
& Co class A
Holllnger Consolidated G M
x41
Horder's
Hormel
common
Inc
(Geo
2,000
Horn k Hardart
Horn
it
8%
Basing Co
Hardart
Hubbell
50
31%
175
Inc comfhon
Humble Oil & Refining
Hurd Lock & Mfg Oo
Hussman Refrigerator $2.28 pfd
48 ya
30 y8
68%
69%
3%
8
•
70%
3%
68 %
3,800
200
May
31
^
Jun
144
Feb
32% May
109% May
-21
m
Jun
79 ya
4
4
Apr
i
1%
1%
100
iy2
Jun
-t
11%
2%
150
100
10%
Jun
2 %'
Hygrade Food Products
I
12%
12%
2
11%
100
12%
•
5%
—
6
5%
300
dep rets registered
Feb
ft;
Imperial Oil (Canada) coupon
Registered
Imperial Tobacco of Canada
Imperial Tobacco of Great Britain
k Ireland
•
14%
mm
ft
—
•
15
11%-
'
•
15 Ve
15
mmmm
12
1Q0
A
10
International
Cigar Machinery
International Hydro-Electric—
*
;
Metal Textile Corp common
Class B
—1
t c
v
Middle West
Jan
—80
International Metal Industries A
shs—*
•
shares
International Products
10
International Safety Razor B
International Utilities common
Iron
Jun
98%
Jun
12% May
Jun
Jan
53%
98
Jan
Apr
110% Feb
12 %
Apr
•
2,900
——
...
...
mm
6%
...
mm
—.
— —
*
13%
14%
14%
3,100
1%
300
—
"
.inr
mm
-
—
4%
4%
300
%
4%
%
100
1
»
mm,
58
Feb
22
May
Feb
6 Va
Jun
11
Jan
6%
Jun
11%
Jan
8% Mar
V-
6%
6%
Jan
20%
1,100
•
1%
Mfg vtc.
luring Air ChuteItalian Superpower Corp com cl
12%
10 Va
Royalty
Fireman
Feb
Jan
200
*
International Petroleum coupon
.Registered
4%
11%
1,000
53
Midland Oil Corp
Midland
Steel
•
11%
Apr
% May
12% Feb
1
Oil
Midwest
Miller
Wohl
4%%
Co
80c
80
convertible preferred
*
pfd—10ft
Mountain
-lftfl
Tel
States
1%
Feb
14%
Jun
3% Mar >•
% Jan
,
1%
17
Muskogee Co common
Muter Company common
Jan
6%
Apr
1%
Jan
Inc
Namm's
100
10
•
—100
■
•
2.80
-W
—■Oft
J
common
1
Hess common
National Bellas
Fuel
•
Gasl
4%
Jan
20%
Jan
18%
National Mfg ft Stores common.
Cooker common
Machinery
Ltd
National Rubber
National Steel Car
National Union Radio
K
4%
12,100
124%
260
ft Oo.
Klmberly-Clark Corp—
4 %ft
preferred.
Kings County Lighting common
4%
cumulative preferred
King Seeley Corp
Products
Petroleum
Kingston
Klrby
Jun
9%
Jan
Klrkland Lake G M Oo Ltd
—»
——
127 7 May
Feb
13% Mar
Jun
13
6%
ft
Jun
9%
&
Inc
(Walter)
4%
12%
123
Jun
12.1
9%
'4r
Feb
Jan
New
Ne"
•
50
1
1
1
1
Ingland Tel ft Tel
Haven Clock ft Watch
A % %
9»/4 Mar
12% Mar
Corp
(Herman)
Neptune Meter common
Nestfi Le Mur Co class A
convertible preferred
7
Mexico ft Arizona Land
New Jersey Zinc
New
Co
Mining
New
Park
4%
4%
2,900
3%
Jan
5%
Apr
New
Process Co
31%
32%
250
26%
Jan
33%
Apr
N
Y
16
16%
2ya
400
15
Feb
17
Mar
N
Y
&
2
Jun
3
Jan
N
Y
Honduras
Merchandise
Rosarlo
1,400
9%
Feb
Jan
N
Y
Shipbuilding
4%
2%
10
8%
Feb
29'%
Jun
32%
Apr
6 y8
—r*
rH cr
I
7
1%
I
Feb
8Va
Apr
2
2%
Jan
>1,200
1%
8,200
'
?0
2%
10
800
10
103
Mar
105
12%
Mar
•
l^j
7
1,000
Jun
9
|
Mar
10% May
25
Apr
20
250
18
July
97/a
10%
325
9
Jun
16%
Feb
3%
3%
200
3%
Jan
4%
Jan
— —
16%
Jun
19%
Jan
50
19
18
20
.
rmmm
.
19
19
'.
mm•
?
19
2%
2%
7
6%
22% May
May
3Vs Mar
1,200
2 Vb
Feb
200
2%
6%
Jun
7%
Jan
29J/a
Jun
32%
Jan
7'/4
Jun
10 Va
7
.29 %
29%
25
7%
8%
400
Jan
93%
Jan
97
Feb
24
mm
Feb
30
Apr
6%
6%
600
2%
200
2%
8% Mar
6%" Jun
2%
87
87
95
Mav
101%
Apr
Apr
2%
2%
Jan
2%
900
167% Mar
20
177
178
Jun
37%
~3% ~3%
500
3%
Jun
4%
10%
100
10%
Jun
14J/4
X30% x31 %
"3%
10%
Mar
July
98
—
2%
3% Mar
Jun
87
25
87
Jun
Jan
Feb
Jan
300
29%
Jun
33 ya
Feb
95%
97
30
95 y2
Jun
103%
Jan
18%
18%
50
17
Mar
22%
Jan
28
200
24
8
500
7%
Apr
28% May
Jun
loy8
Jan
Feb
13%
Jan
Jun
12 V*
Jan
13
7%
—
—
.v.
11
7
27%
"8
10
10
200
10
Jun
4
2%
4
100
3
2%
3
5,400
31
31%
-
5%
Jan
3y»
Jan
29% Mar
33%
Apr
34
Jan
x8%
~8%
II
9%
9V4
1
6%
5%
7%
6
10
—*
"21/4
"2%
10%
Jan
May
9V4
Jun
10%
Jan
6%
Jun
700
5%
Jun
7% May
.
14%
25
16
Jun
300
■
16
9%
6
500
7%
7%
i.
Jun
6%
100
-J
3
2%
—*
100
81
Co—.—1
20
25
.—1
1
1
Jun
1%
Jan
Auction
Founders
Co
common
common
shares
l'/a
4%
81
1
5 7
82
:j,"
1%
1
4%
i?
700
Jun
.
6%
Feb
87 V*
Jan
3%
Jan
7%
Jan
3Va
250
3
547/a
1,800
51
Jun
67
Jan
7
67/a
900
6
Feb
11%
Apr
1
1
7
1%
5,300
1
Jun
1%
Apr
3
mm*
mm
28
28
28%
250
10%
10 y2
50
16%
16%
100
•'
Mar
Jan
May
16% Mar
Jun
78% May
150
9
Feb
Jun
Apr
3% Mar
53%
54%
m
—-*
10
10
18 %
Apr
4%
700
Jan
8% Mar
Jun
13 V*
5
9
2% Jun
3,500
J
O
Feb
8%
4,400
100
300
Jan
34
8%
Jan
Mar
2% Mar
625
7
Corp—
103% 103 %
.101
7% May
Jan
6%
Nelson
4%
Key Co common.
Kldde
1,400
7
National Transit common
Kennedy's
Jan
1% May
•
*
2ft
preferred
3% May
Jun
Co
9%
% May
5% May
N
National Pressure
Kawneer
7%
6%
-16
National Radiator Co
r
Jun
900
30%
Hachman Corp
Jan
.10#
II
II
■
Apr
Jan
pfd—
Feb
!,6%
-
7
^77
ft Tel
Mills
Co
Ring common
Muskegon Piston
5%
4%*
6%
7'/a
2%
Mt Vernon-Woodborry
Murray Ohio Mfg
6%
Kalser-Prazer Corp
Kansas Gas ft Electrlo 7ft
V!'\.
May
47
3% Jan
100
Mar
5%
'
Producers
Jun
"3%
Mar
48
Jun
■
mim"-
Mountain States Power common
Feb
"3%
6
Jan
2%
cum
Jun
"3%
Apr
6%
pfd series B—
Monroe Loan Society com class
Montgomery Ward & Co class i
Moody Investors partlc pfd
Morris Plan Corp of America
4.80%
3%
Kokenge Oo.
Jun
5y8
7 4%
.
•
Molybdenum Corp
Monogram Pictures common
Monongahela Power Co—
4.40% cum pfd
1%
ft
•
1
common
4%
Preference
Jan
110 y«
3% Mar
1,900
"1 %
"iVa
10
Co
Refineries
Jim Brown Stores common
Julian
6
Feb
3% July
108%
Jan
15
mm.
8O0
Jefferson Lake 8ulphur Co—
100
•37/a
a,
«...
•
common
National Mallinson Fabrics
2%
3%
Products—
Abrasive
Mid-West
National
2%
75
•
$1 conv pfd
dividend shares
12 non-cum
llldvale Co
7%
.
Apr
•
5
National Breweries common
jeannette Glass Co common-
100
Corp—
Common
,
53%
Jan
2y»
37/a Jan
Middle States Petroleum class A v t c_l
Mountain
Preferred $3.50 series
15%
45
•
lft
1
Michigan Sugar Co common
8% preferred
Corp
Micromatic Hone
Jan
17y8 May
11 %
11%
3%
"3%
1
1
2.80
Michigan Bumper Corp
Michigan Steel Tube
Midwest Piping ft Supply common
Feb
40
~
1,400
3%
Jan
Jan
0%
Jun
l%Mar
1,000
1%
Feb
32%
IV* Mar
13 V*
.260
18
Participating preferred
Mid-West
10%
Jun
X99% 102 V*
102%
14 y8
Jan
37
Jun
26%
200
Mar
17%
Jun
34,
50
8Va
110 y8110%
100
Co
Iron
26%
2
Feb
11% Jun
125:
1%
3%
,
Jan
17% May
88 ya
2,400
34%
ft Scott Corp—
preferred
Jan
$ 18
Jun
94%
94
pfd—100
Insurance Co of North America
'
4,000
14 y8
7
13%
Jan
Feb
9%
£1
Indianapolis Pwr ft Light 4%
Investors
5Q0
•
1%
1%
3 %
137/a
14%
5,400
6% May
13%
Co_
Co.
6
\ 2% Mar
4% Mar
£1
3% May
Jun
8
22 %
Imperial Chemical Industries—
Amer
Feb
26%
*
commonc_l4fe|-
Co
2%
~1%
~VA
Missouri Public Service common
Zinc
400
5%
14
Mining Corp of Canada
Minnesota Power & Light 5%
Illinois
Jun
34
Merritt Chapman
Warrants
Mesabl
Jun
13%
2%
ft Co class B
Mfg
6%%
4%
400
Dredging.
Johnson
Menasco
Jan
Apr
>47% Feb
11%
•
Jan
Jan
1
Hydro-Electric Securities—.
Jan
43
:
1st conv preferred
Jan
Jan '
42% May
1
stock warrants
Huyler's common
Jan
''i7%
Jun
2% Jan
125
47
47
Mead
Jan
400"
-1ft
common
(AG)
Jan
5V4
14%
2% -.2%
14%
May
106% May
17% Jun
5
•
74
Jun
133
McKee
McWUUams
Feb
8%
19%
^
5%
14%
.10
common.
•2.60 preferred
Jan
•;8% May
40%
100
(Harvey)
Oommon
40%
30%
•
preferred
May
96
Feb
14
40%
___•
.
common
10% Mar
11
Mar ■m-.
Corp
2%
2% Feb
Mfg Co common
McCord
:
Marine
ftft convertible preferred
MoCIanahan Oil Co common—
Jan
Jun
25% Jun
15
Co
12% Feb
10
.
7% Jun •'—"■-11.
Apr.
•3% May
3
Jan
•
ft
A)
Apr
39%
175
8 Va
•
Co
8%
5%
1
Holophane
500;
-741 %
V/a
8
Holly Store's Inc
'
9% Jan
'
91
_100
w w_.
715% Feb
10 y8 Mar
—H
*
-
preferred
9% Jun
Jun
600
9%
17% Mar
Jan
6
7
900
6%:
9%
*
Heller Co
fl% %
>9% May
Feb
Jun
10%
31
6%
12%
Mapee Consolidated Mfg Co
Jan
6% Jan
Apr
7% Mar
Paper common
Electrlo
Hartford
-
4%
Bridge Oo Ltd.
Hartford
AAV* Jan
25
12%
.10
Mangel Stores commoz
McAleer
Hammermlll
113
13
6%
Co.
127/a
Co.
Maine Public
Massey Harris
4%
!
Apr
M
MacUntosh-HemphiU
Marlon Power Shovel
H
4%
H May
Feb
Feb
>isy4
16,600 i
10
'' l00>
, ■
111% 111%
—
%
77%
.1,300
•
Jan
66%
-
'86>- ,'". #•'« -ir>475:
Communication Co Ltd.
Lamp Co_
25% May
•
Longines-Wlttnauer Watch Co.
Long Island Lighting Co—
Common ctfs of dep
7% preferred A ctfs of dep
Marconi
Hall
May
18%
900
<
Jan
Apr
13
24% May
23% Jan
7%
7%
Jan
<*106% Mar
Feb-
13% Feb
'f '
6%
Jun
2,100
227/a
common
Jan
38% Mar
>% Jun.
102-1
105%'./ 104l/2.106y4
Apr
Feb
9
12,600
12 %
111% Apr
•
Jun
"...I
^
•
Feb
135 V*
1,300
Apr
6% Mar
23
Jun
.vll% Apr
103 %
350
■W
8l/a
Jan
6%
Great Atlantic A Pacific Tea—
Non-voting common stock
7ft
1st preferred.—
Jun
5%
i;;.- 8 > Jan
Feb*
77
7
Apr
Jun
2,400
9%
9
22%
.1
Corp common.
Jan
13%
6Va
«...
9%
Louisiana Land & Exploration.
Louisiana Power ft-Llght t6 pfd.
Jan
;11%
.v
.1
Inc..
Jan
5%
Jan
19
-
53%. Jan
',!■
Jun
9%
10 %
n
100
6%:.,
■
«...
May
If Jan
Jun
3%
-1-
rn
('■
— —
6%;
61/2.
pfd—2 ft
conv
Jan
Jan
,74%
''
Grand Rapids Varnish
2%
43
3,300
'
48
mm
-
10
l7ff
48
50
Jun
Jun
7:
21
1
%
%.,:/
—1
Gorham Inc class A
11%
14% May
„
•
Mfg Co
Jun
Jan
....
100
;
Jun
5%
J
Line Material Co.
Lionel
mm'
.1
common
(RG)
Feb
13%
800
14
;
16
Realty
Tourneau
Jan
10
Le
Jun
5%
mmmm
$4-50 prior preferred
Goldfleld Consolidated Mines
Gorham
106%
Jun
2,800
9%
9%.
Lefcourt
Mar
■
Jan
200
16%
14
1;
•
common—
Godchaux Sugars class A
Goodman
116
'
Jun
"
16
16%
Coal
Alden
Jun
—2ft
Gladding McBean ft Co
Glen
Jan
May
4
500
—
4
100
3%
1,600
.
13
127/a
*
Co
3%
5
•
common
Jun
105%
mm*)"'
3%
1
Feb
Jan
2ya
xll2%
__
'mrnmm
1
3%
Corp
Yellow knife Gold Mines
Giant
mrnmm
MMW
5%
.1
Lakey Foundry ft Machine
Lamson Corp of Delaware
Lanston Monotype Machine
La Salle Extension Unlversity.
Jun
103
Jan
95
rnmmm
■
Georgia Power $6 preferred
Jun
Jun
3%
400*r'
12%
Jun
8%
i
Lake Shore Mines Ltd
13%
3%
j
Laclede-CJhristy
Oompany.
L'Aiglon Apparel Inc_.
6% Mar
8% Feb
35% Jan
29 V*
3V2
2%-
2%
Jun
Jun
100
3%'
•
200"
'
«...
1
General Plywood Corp common
50c
General Public Service $0 preferred—*
;
8% Jan
5y8
7%
400
'
65
Apr
8 Va May
75
Jan
8%
Jan
Apr
10
Feb
Jun
30 V*
13%
Feb
15%
Jun
20
Apr
26%
C
32
THE
(32)
COMMERCIAL
NEW
&
YORK
FINANCIAL
CURB
CHRONICLE
Week's
STOCKS—
Last
New York Curb Exchange
Sale Price
*
Range
Low
Par
-.1
100100-
Niagara Hudson Power common
5V
1st
5%
2d
preferred
preferredClass B optional warrants—
Niagara Share Corp common
10 ¥2
X
27,800
98%
250
93%
93 ¥4
10
10%
10%
100
8%
8%
1,900
9%
9%
8¥o
'
Nineteen Hundred Corp common
9
*
Mines—
class A
American
Central
Northeast
Securities
Utility
Texas
Northrop Aircraft
92 ¥s
Jan
96%
pid_100
1
Novadel-Agene Corp
¥4
Jan
Jan
I0¥a
Apr
7%
Jan
Apr
Apr
Apr
31
100
28'
2%
2%
104%
20
'
6
-*
2
2%
82
Jan
¥2
(D
Brick
Inc
Jan
Apr
Feb
400
13 ¥• May
Jun
Beiby
ll¥a
Jan
Selected
15 ¥2
Jan
common
Co-
Shoe
Ohio Brass
Ohio Power
Oklahoma
Old
4¥a %
Poindexter
Oliver
•
100
33%
109'
15
27%
common
preferred
Natural
Gas
Distillery
United niters
33%
500
33%
2
100
32 ¥2
440
106 %
29
700
27 ¥4
class B
•
Omar Inc
11 ¥8
11 ¥4
200
11%
15
15
stock
stock-,
prior
(R
B)
Inc.
Radio
Seton
Leather
Jan
227/a
Jan
\%
1,500
.32 ¥i
Apr
36
400
29 ¥2
Apr
32¥4
Jan
Pacific Power <fc
Light 5%
Pacific Public Service com
$1.30 1st preferred-.
X
*
100% 101
Paramount
Motors
Pen
Patican
•
Pennroad
Plymouth
pfd-
.100
Jan
3 ¥2
Jun
80
Jan
3
Jan
100
41%
300
23 ¥a
•
at
2.50
May
50
47
23 ¥2
1 %
1%
104% 105 ¥4
105%
4
34¥a
4
34%
34%
Jan
Apr
Canada-,—
100
"
800
i2¥a
51%
::
600
50 ¥a
41 ¥4
Jun
2%
2¥s
2%
700
ll¥a
•
ll¥a
700
6%
1,500
10
1% Mar
3 ¥2
6
6
Jun
8%
Jan
18
•
1
Jun
24 ¥2
Jan
137/a
Apr
1
3
2jJ
3
2 ¥2
5,000
"3 A
Jan
900
1¥2
Jun
2-/a
Apr,.
107/a
900
10 ¥2
Jun
11 ¥4
Ja rf-
38
125
36 ¥a
58
56
5
16
15
common
1
3%
¥a
58 '
470
16;»
3%
common
Jun
25¥4
3%
Jun
4¥s
Jan
~4%
2.50
r5%
ll5/a
.
"5
5%
5 ¥4
1,600
•-
Inc common—
Metals of America
Jan
4¥a., Jun
5% Jun
,
1,400
11
—100
—
Lambert Co
»*
100"
27%
;';'26..
"Jun
14%
Apr
8%
400
;—-1
7 ¥2
Feb
8%
9¥a
100
8 ¥4
Jun
11%
Jan
1
1%
l¥i
1%
•
Providence Gas
1,200
l¥a
Jun
l7/a
7
7%
700
7
Jun
8 ¥4
9%
100
9¥4
Jan
"Colorado—x
cumulative preferred
Puget Sound Power &
Light—
$5
prior preferred—
100
96%
97 ¥4
•
97%
11%
9
10
10
125
9
10
5
5
200
5
10V4
Jun
•
com
350
95%
98
450
94 ¥„
11%
200
11 ¥4
Jan
100¥2
21 ¥2
12%
May
•
87
V .87%,
85 ¥4
'
92%
Jan
TUo
Apr
148%
Jan
14 ¥4 May
Raymond
*3
Concrete Pile
convertible
•
common
preferred—1
•
8,900
17¥a
17%
100
18:;
17¥a
23
18
200..":
common
Reading Tube Corp class A
Regal Shoe Co
Reis
(Rqkert)
&
Rollanee EWctric
Grande
—
v
t
47/a
*
3%
3 ¥4
1
Engineering
300
c
17%
17
*
!
20 ¥4
19 ¥2
—-I
.15%
Jan
i.
%
Jun
22 V8
Jun
4,500
16 ¥a
it
19
1%'
¥4
13A~
17 ¥4
500
600
Co
new
1%
90 ¥4
^¥4 Jun
5 ¥2
(The)
Corp
3
Ma«
4% Mar
Ma|'
l¥a
19% Jun
1 ¥a
Jun
c
Jan
217/a
Jan
25 ¥4
JiirOi
"Jan
27/a
Jan
1,100
10
89
Jan
93
&
Ryan
Ryan
25
18 ¥4
Jun
27
Jan
May
7 Jan
10
Feb
37
Apr
4
"20%
Petroleum
Fof footnotes
common
see
7
5¥a.
Co
*r
22%
6¥a
5 ¥4
1,600
20 ¥2
3un
200
x67/a
Feb
1,500
5% Mar
6¥a- Jun
Aeronautical
Consolidated
Rv*r*r»n
page 33.
i/.
dep rets
4%
x3¥4
1
4
3 ¥2
Jan
36%
Jan
27
500
25
Jun
$ 15
50
14
May
18
10
:■ 37
Jan
45 *
7
44
•
28%
;
28%
28%
80O
23 ¥a
800
.4
27% Apr
28
Jan
May
'29%
Mar
30
26
26
26%
26% Mar
100'
,
23 ¥2
"■
29 ¥4
20
Jan
26 ¥»
Mar
.
May
4¥a
I 300
Jun
6¥2 Jan
Jun
33
7
2¥a Mar
"
A*
800
¥2
Apr
4 ¥2
Jan
:7 7
Jun
*
Jan
3 ¥4
3% 3un
A*
Feb
May
*
26
Jun
7/a Mar
'
7
8
6 ¥2
18
8¥a
2,800
13 ¥2
"
3%
5
300
3%
16
300
f
87/a
~8¥2
¥2
200
¥2
8
28 ¥2
700
1%
126
Feb
Feb
Y"
140
112 ¥a
Jan
X
300
1%
124 ¥a 126
-III
6
,
6 ¥4
'
19
Feb
29
1%
6\
•
2%
1
27/a'
2¥a
1
—1
_•
corn-
XX 400
2%
3¥a
■4;,x-
a.'
;
27/a
200
4% -
69 ¥a
20 ¥2
6 ¥2
III1
—l:::
—1 X
2%
ir
;' ;
Ills
'.
•X-"
'
12 ¥4
-•
13%
l¥s Jan
•i;7'
Jan
Jan.
2¥b
Apr
Jan
4 ¥2
Jun
5¥a
"Apr
17 ¥4
14
13% May
13%
,
Jan
Jan
Jun
2 ¥4
Jun
«77:.-3
Jan
7¥a
2%
2%
47/a
12%
Feb
100
a ■
V &
May
10 ¥a
800
4 ¥2
—'"
7
-7V
10 ¥2
4%
13%
Jan
% Mar
XX—
'A '" y
Jan
15
9¥a July
¥a Mar
A'''r
Apr
24 ¥2
2¥a May
225
—
---•XX
400
2,200
10%
■" Vr-—'■
—
4% May
75
Jun
2%
9¥a
2% Mar
y7/a May
5 ¥2 Jan
i
700
W
■/•'X 2¥a
9¥a
l25o
100
.
Jan
Feb
Jan
-19 ¥2
Apr
i**? 3%
'67% Jan
100
•••*"
•41
IX
_•
320
••*'*
Apr
77/a
•
•
Jan
2 ¥8
1,900
10 ¥a
6%
;•
71 ¥4
20 ¥2
10 ¥a
:"1 J
[•
Apr
139
;
2¥* Jan
2
Jan
2%
2 ¥4
7
Jun
■
May
■
10 ¥a
31% May
"
—
Feb
4 ¥4 Mar
,
Jun
7 400
1%
28%
Apr
21%
Jun
2% Jan
16% Jun
JUh
11
Mar
200
—
•
Tri-Continentai
80c
28¥a
•
pfd
14%
27 ¥2
14%
100
123
5
common
23¥a
1,100
14%
1,900
123
14 ¥4
--
14 ¥4
5
Construction
7%
7%
X
-600
Apr
Apr
Feb
17 ¥2
Jan
Jun X
13%
Jan
12 ¥4 Mar
7% July r
•
1
10 ¥2
52
10%
Jan
13 ¥4
Jun
Jan
Jan
63 ¥2 May
7
•
£1
regis
3 ¥4
5s
common
15 ¥fl
128
Feb
9 ¥4
11
7 ¥2
29%
Jan
May
14% Jun
;•
•
43 ¥2
X*
1% "...2%
70c
100
94 ¥2
1
150
94%
warrants
2%
400
3%
6 ¥4
91 ¥2
2 ¥2
2.100
•
'
Jan
;
Feb
J
98
Feb
'Jan
24
,Jan
i§
Apr
2 ¥a
Jan
Jan
2¥4 Mar
A Jun
"
3 ¥a
•
it
60
Feb
X" 300
2 ¥4
'
Y
Jun
Jun
1%
25
r
%
3%
3%
x39
800
A
1
-
¥2
—
43
Jun
'
''X
20
,
Inc
convertible
10 ¥a
120
100
■r'
Jan
26
30
25c
-
Stocks.—
def
Jan
4¥a
Jaga
27/a Mar
'
■
•
~4
1%
_4 ¥4
300
24%
Jan
3 ¥3
Jun
7¥a
Jan
8%
1
com
preferred.
Jun
11 ¥2
Jan
U
"
men Realization
Corp
Unexcelled
Chemical
Union Gas
of
.IOC
1
.—5
Corp—
2
¥4
2¥a
2 ¥4
; 200
9%
9%
100
Canada..
Union Investment Co.
2¥a
Jan
5¥s
7¥4
$3.75 pfd series A
Union Stock Yards of Omaha
United Aircraft
Products
Chemicals
Corp
96
.50c
com.
common
4%
4
¥2
Jun
6¥»
Jan
3%
Feb
5%
Jan
4
3 ¥2
Jun
5 ¥4 Mar
-
Light Si
Rights
United
75c
Milk
Jan
Apr
6 ¥4
Apr
Jan
92¥«
Jan
1%
NJ
... -
.
2
1,800
36
A
100
A
1%
32
50
Jun
May
¥a
7,000
27 ¥t
7
25 ¥a
Jan
Jan
37/a
39
Jun
preferred
Co Ltd—r
regis
81 Canal
37,000
15 ¥2
Jun
21
25 ¥a
26%
20.900
21
Feb
30¥4 May
2¥a
2A
40,300
•
30% May
Jan
lit Jun
2%
7¥a May
Jun
*
.
Jun
Jan
Jan
A Jan
27 ¥4
15%- 16 ¥a
-
•
common
10 ¥2
Jan
21
Mar
15 ¥2
Jun
-
rets ord
RR
36
-
A
97 ¥2
57
r2ft
participating
Amer dep
Untied
275
Apr
26%
16
Railways
Prrducts
United Molasses
2
2
•
Elastic Corp..
United Gas Corp common.
4
3¥a
9 ¥2
53¥4 May
38
warrants-
United
96%
100
United
Feb
Apr
Jun
6 ¥4
Apr
6% May
10 ¥s Feb
Jan
l¥a
;;"v7¥» Jan
Union Oil Co of California—
United
Royalite Oil Co Ltd
Russeks Fifth Ave common
Jun
x27¥e
1
&
Allied
United
Co
Jan
2 ¥2
Feb
1%
8 ¥4
common
8
Jan
1%
Inc
Rotary Electric Steel
Rowe
Feb
Jun
x28
-
Inc
Tung-Sol Lamp Works
'
Apr
Amer dep rets for ord
reg—
Cable Corn common
Field
3¥a
6 ¥2
27¥4
26
l¥a
•••2%
800
Jan
90%. 90%
18 ¥4.
¥a May
Jun
'
Apr
Jan
400
:
28 ¥2
8
pfd
Tonopah Mining of Nevada
Trans Lux Corp..
Apr
Rome
Roosevelt
26¥8
44'
common
Markets
Trunz
18%
Rochester Gas 8c Elec 4% pfd F_
Roeser 81 Pendleton Inc
common
Rolls Royce Ltd—
,*
v
¥2
15
common
Jan
7%
-
1
Jan
26¥2 Mar
12%
100
1,900
'
■x
Mar
20
¥a
400
26 ¥4
1
1
56
17%
l7/8
93
Jun
•
—
26
4Vl>
Jun
50
20%
Jan
Jun
4¥a
2 ¥2
%
1
Toledo Edison 4 ¥4%
May
52 ¥2 Mar
100
*
—
Valley Gas Co—
(Texas Corp)
4%
mmrnm
Richmond Radiator.:.—
Rio
4¥a
6.28
Co
81
Rice-Stix Inc
9
Jun
'1
■
jytheon Manufacturing
5
...r
22¥a
A
;
3¥a Feb
Apr
Jan
-
Shipyard Corp
Toklan Royalty Corp
%
2
common
Roofing Inc
Realty
Tobacco
Amer
A
2 ¥2
;
:
.
287/a
Todd
A
Jan
8¥4
1,000
'
Light 7%
Tishman
Feb
R
option warrant#-
7¥a
v
236% Jan
25¥2
*3
—25
Tobacco Security Trust Co Ltd—
Amer dep rets ord regis
Aadio-Kelth-Orpheum
10 ¥a
25
common
Corporation
Jan
—
Railway & Light Securities—
Voting common
1
10
Railway 8c Utility Investment
A—,
1
.'Rath Packing Co common.,
1—in
Apr
•
Mar
88 ¥4
'■
9%
6%
Co common
&
Shovel
143¥4
100
Quebe* Power Co—
~9%
10
—-25
-
Inc
Power
Thorofare
310
90
500
Co
Tampa Electric Co
13 ¥s
preferred
.
Jan
29 ¥4
Jun
'.
May
¥2
4
Jan
Thor
common——-
■il-.V'
—13
Thew
Oats
5 ¥2
v
16
Jun
2% Mar
90
(Ky)
Si Co
Technicolor
6%
300
f
3
—
13 ¥2 May
May
223
IIITY.
Texas
Quaker
5%
Jan
20
Jan
Jun
Jan
7 ¥4
(S)
'-Mar
11 ¥a
:
107%
98 ¥2 Mar
Jun
5%-
Swan Finch Oil Corp
Jan
Jan
400
Jan
Mar
60
105 ¥4 Mar
27
Sun Ray Drug common
Superior Portland Cement, Inc
Superior Tool & Die Co
Jan
Mar
12%
6¥a
—
pituerreu
Stroock
Jan
9¥a
20
3 ¥4
———25
(Hugo)- Corp
Stop & Shop Inc
Jan
7 ¥2
•
Jan
%
2%
preference
Stlnnes
Jun
9¥a
53
Forgings Corp
Stetson (J B)
.
'8 ¥4
1,950
6%
—
:J95% Jan
387 V" Jan
Jun
14 ¥2
23
Sterling Aluminum Products
Sterling Brewers Inc
ISterling Engine Co
Sterling Inc
Y 8¥«c Jan
"93 ¥4 Mar
27%
Jun
10
Steel Co of Canada
Stein (A) & Co common
,
'
27%
10 ¥4
12.50
Standard Tube class B
Starrett (The) Corp
13¥s May
5¥4 Jan
.
10O
1
Standard-Thomson Corp
Feb
2.50
Producers Corp of Nevada—
Prosperity Co class B—-
Puget Sound Pulp 81 Timber
Pyle-Natlonal Co common
Pyrene Manufacturing
69%
Apr
Apr
11 ¥2
'
Jan
100
3%
common--.;—•
6%'x 1st preferred
700
Jun
3 ¥4
22 ¥4
14 ¥2 Jun
1
preferred
Standard Products
Mar
39
55 ¥4
14
-10
25e
Feb
cum
11 ¥4' Feb
Jun
Edison—
Common class B
1%
10 ¥4
38 X
Jun
Jan
Jan
•
Apr
1%
8 ¥2
7
Jan
13 V4
2¥a
-
18
*1
38
60
100-
Jun
19^8
12 ¥a
1
conv preference
Jan
U Apr
300
1
common
7 4¥a
300
-
$1.60 convertible preferred-——.
10%
'1%
•
5
Jun
8¥a
£1
—
4.88%.
Oil
Jan
'
1
4.56%
Standard
1
50
9%
107% 107%
100
original preferred
.Standard
duuicq—*
Feb
Jan
55V4- 57 ¥2
56 ¥2
Convertible preferred--.
Standard Dredging Corp common..
Jan
Feb
76-/4
2
200
v
2¥a
11 ¥2
Standard Brewing Co
Standard Cap Si Seal common.'
Mar
11
May'
•
Btahl-Meyer Inc
Apr
9%
-
9¥a
B
Jan
597/a
*
Feb
3
100
Royalty Co__
Spencer Shoe Corp
4¥s Mar
Jun
8¥4
50e
:<
-
19%; 20 ¥4
1
common
Southland
5 ¥4 Mar
Jan
78 ¥2
-
•
* 4.32% cum preferred
Southern Pipe Line
2¥a Mar
106 ¥4 May
Jan
May-
•
Pipe Line
conv
197/a
Publications—
California
4.48%
v
,"v
Jan
4
Jun.
32¥4 Mar
.
3
:51%-
25 ¥4
1% Jun
100¥s
100
:
;
8% Mar
7
100
'
■
5%
Jun
76
•
Ltd
v
Oil
Pa
Southern
Apr
29¥2 Mar
Jan
8,200
Penn
Southwest
Mar
27¥4
~7¥a ~8
7 ¥4
South
3V4
72 ¥1
50
2 ¥4
7
.100
Manufacturing common
South Coast Corp common
5¥s Apr
'.Jun
41
-1
Prentlce-Hall
of
157/a
11 ¥4
9¥a
2¥s
..25
Boss
2
Power COrp of Canada
4%%
Jun
300
76
f~9
9%
—*
Manufacturing Co
Corp
Feb
Jun
15
•
ISolar
16 ¥4
% Jun"
•
Sonotone
Jan
Jan
Jan
Jun
200
Solar Aircraft Co
Jan
17
24 ¥2
11%
2.90
common-
Powdrell 8s Alexander
Service
11 ¥2
Jun
Apr
19
23%
.1
Pneumatic Scale common
Polaris Mining Co*.—
Public
6¥a
,
29
Pleasant Valley Wine Co
Pressed
Jan
450
41
29
:
common
Pittsburg!* Metallurgical
,•
Apr
4
11 ¥«
•.
BesS 8c Lake Erie RR
Pittsburgh 8s Lake Erie
—:
<fc
38 ¥2
Jun
50
Pittsburgh
-j
6,700
Mills
Penn Traffic Co
Penn Water 81 Power Co
Pep Boys (The) _—
Pratt
6%
3%
Piper Aircraft Corp
Pltney-Bowes Inc..
;
Apr
1%
10,000
20
Ltd—
Pierce Governor common
Plnchin Johnson Ltd Amer
Pioneer Gold Mines Ltd
i
2¥s
6%
11%
Pharis Tire 8c Rubber
common;
„
May
Feb
14 ¥2
Philadelphia Co common—Phillips Packing Co
i-
25 ¥2
19
Pepperell Mfg Co. (Mass)
Perfect Circle Corp—
>
2%
6¥a
Penn Gas & Elec class A
common——*
Penn Power & Light 4%%
"
Jan
'38 ¥2
2%
—
Corp
Mar
19
23 ¥4
Peninsular Telephone -common
$1 cumulative preferred
$1.32 cum preferred
•
98
Feb•
Corp
Co
Co
Jan
15
Jan
l¥a
300
—la
Singer Manufacturing Co
Singer Manufacturing Co Ltd— :
Amer dep rets ord regis
Bloux City Gas & Elec Co—
3.90% preferred
Smith. (Howard) Paper Mills-—
1017/a Jun
Jun
94
Parkersburg Rig Sz Reel
Patchogue
100 ¥2
'
Page-Hersey "Tubes common.—
Pancoastal Oil (CA) v t C—
Pantapec Oil (CA) Amer sh—
Parker
475
pxa.
17¥2
2 ¥4
150
3 ¥2
Simpson's Ltd class B
Jan
31%
•
2¥«
•
common
Simplicity Pattern
8% Jan
34%
Apr
Jun
5,500
3 ¥2
$3 convertible preferred
30 ¥s
Jan
Jun
1,250
74 ¥2
15 y*
74-
.74 ¥2
•——1
preferred
Slmmons-Boardman
34
2%
16%
2%
Shoe Corp of America class A
-
2%
IIII—1
Breweries
2
Jan
¥a
8,400
1
common—-—
Sherwin-Williams of
8% Mar
7
1
—l
common—
Bheller Mfg CoSherwin-Williams
Jun
Jan
.•1
200
-■
.1
Corp
Feb
Jun
6%
19 y2
76
Silex Co common
Pacific Can Co common
Pacific G?s & Elec 6% 1st
pfd_
5 ¥2%
1st
preferred
Pacific Lighting $4.50
preferred
Jan
10%
certificates—
Bhawlnlgan Water & Power
*•''
.
28%
2,100
16 ¥2
25
9%
Jun
Jan
>* 20 ¥4 July
10
Jun
21 ¥4
2%
Shattuck Denn Mining
Mar
6%
1%
1,100
2% Mar
12¥4
common.
Apr
14
12 ¥4
Jun
1%
.
1 ¥2 Mar
Jan
14
100
2¥a
37/a
Jun
15
31%
112
Apr
100
,'T
Jun
Jun
|L0%-
Sick's
1
Jun
l¥a
27/a
20 ¥4
—
Safety Control
Serrick Corp claas B—
40% Mar
.
1 ¥4
200
7/8
Inc
Convertible
Jan
Jun
*11
.
Jun
Feb
27% July
8 ¥» Jun
1
Securities
2%
Feb,,
109
108
1
O'okiep Copper Co Ltd Amer shares
Overseas
2%
2,100
47/a
i_
Industries
Jan
Jan
Jan
l7/a-
Segal Lock 8c Hardware
105
8 ¥2
19¥a
;-ll¥a
1 %
1%
21%
3%
Co
Steel
Semler
:
14%" Jun
7,500
1 ¥4
common—,
Manuiacturing
Sentinel
2
3 ¥2 May
300
..
6¥a
l¥r
Sentry
50«
8,400
*
16
Co—
15%
Jan
O
common
Co class B
High
1%-
Corp common-
A)
Allotment
Corp
~
4%
Iny (Del)
Fisher
4%
15 ¥*
~57/8
Sd.qO
Ogden
4%
4%
common
Scullin
lpi¥* Jan
53/t May
14%
Low
Securities Corp General
Seeman Bros Inc.
89
20
Ltd
Jun
2,100
6¥b
14
Scoviil
July
104 ¥• 104 ¥e
6%
37
Feb
Corp
preferred-
United
Oil
Sayro 8s
Scnulte
10¥a July
1,300
83 ¥2
82
Savoy
Apr
37% Jan
Mar
1%
300
1
conv
Samson
11 ¥4 May
¥4
Lawrence
1st
:
Salt Dome Oil Co
9 ¥2 Mar
8 ¥2
31
82
St
Apr
Feb
9 ¥4
v
200
11
Range Since January 1
High
Apr
28¥s
ios/s
Low
Shares
Apr
100
10%
—80
Inc
11%
100%
30%
1
Co
RR
Jan
•
Airlines
Penn
7 ¥2
of Prices
Par
94 ¥2 Mar
Sales
for Week
Range
Sale Price
Exchange
High
300
¥i
o'
31
•
Oil
Northern Indiana Pub Berv 5%
-
30%
*
North
North
"a
•
Class B
North
Low
New York Curb
¥•
Nilea-Bement-Pona
Rayon
Range Since January 1
Week's
Last
STOCKS—
Shares
10%
97
5
Nip is aing
American
Friday
for Week
High
9 ¥4
-
—
•
North
Sales
of Prices
Monday, July 4, 1949
EXCHANGE
BANG^ FOB WEEK ENDED JULY 1
Friday
•
100
-<r
--
4 ¥4
Jan
4%
Feb
241 ¥4
Jun
246¥4
Feb
COMMERCIAL
THE
Volume 170,' Number 4817
NEW
.
Friday'
Par
.25c
com
y2
-
-
preferred..:.
100
v% ~
'*V.;
V2
,r v
51 -
39%'-"
iy8
Interstate
J»n
Specialities
U S Air
Corpi.
Conditioning"
,
„1
common.
'
13y8
-1
:«*, t5• rst preferred- with
r—"' *T
13%
200
-6%
U S
■*'
800
-3%
1"
•,
3V4
,
"200
i%
41 Vi
42%
if
Jan
Jun
-
P 2%
ft
Utah-Idahn SngarLx
Utah.
Pewer^Ligbt common
A
at 4% to
Miiwaukee Gas Light 4yas_
'
Jan
:
r
700'
35%
Feb,
Feb ',
24%
21 y«
■4", 43 y^ Jun
x25%
—
*
2%
2%
22%
„*
"
2%
500
Jan
21
2%
Feb
800
23
2
Jan
-
Ohio Power
.
Apr
1st
mtgev3%s
preferred—
Vanadium-Alloys Steel Co_l—
Venezuelan
-"
4%
'4
4
63
...i.
Petroleum.
:.5 :;
!
4"
.
:
3%
,
.
Jun
.4
3%
2,000
-
6%
Hydro-Electric
Vogt
~1—
Syndicate' Inc.)
Manuafcturing
-20C
*2y4
—
v
2%
800
5%
Jan
1% May
11% Apr
v.
;
—
-
jan
12%;
"
7%
i .$2
preferred
cum
Watch
Waltham
1
Ward Baking Co warrants
Warner
Aircraft
Corp
West
Utilities
Texas
Western
'
preferred
$6
Maryland Ry 7%
Western
Tablet
Wilson
Woodall
Industries
Wool worth
6 %
4Ms
4%
13
5s
series
*'*
9
Apr
5
13
100
13
Jun
'A5J/iS (20%
.
200
23%
Feb
33
Cities Service
Jun
98
100
8%
10%
U,
'
-
Friday
Interest
72,400
V"
Debenture "3s
—
Consol
-
Bid & Asked
Low
Af-N
Gas
El
Lt
2%s
,
debs
conv
-I
—
f
106% 107
^
—
?
J-D
J-JD
Low
.'23
*
.•
100%
106%
A 5s
107
•
99%
—
,
A-O
104
—
"
'
;
3
v.
106%
1981
—.——1962
—
"101
,r
Jtf-N
Nov 1
ex
'
"*
;\
,-'y
29
99%
Finland Residential
-56
:
89%
189%
>
92 %
5
41
;9
90%
96'.
,105
87
»Ml0S%
—
.
"
-10?.
101
J-J
:
—
2
10
1041%
78
2
"
77
101-
99%
106
106
106y4
77
95%
,
1120
130
123
65
67
63
134%
40
18%
52
134%
40
18
52/
1
V-
'!
1
1940
53
127-
"
72
V; 59^
30
13
? 59
115
-—
—
s
"U5
—
1
50%
50%
coupon—.1956
1956
1947 coupon
28%
501/4
82%
—
86
Hotel—
3'/2S
1964
—
A-O
J-D
1959
F-A
106%
4106 Ve
109
118%
119%
1001/4
—
119% 119%"
108
.105
107% 107 J/2
J-D
—2030
1960
85%> 85%
85%
M-S
—«.—1954
debs
103
:
103
-f
)
"
'
i
■
f
■;(
.
106
..1965
1956
102
-
\)99y4
101%
102y4
r
;
49%
..■'r
__
98
M-S
-
"
•
50
:^35
98%
106%
Mortgage
i. 't.ii7%:.n8%
f43
—
..y:1
32%'48%r;
534 y-. -06%/100%
;116.-117%
;
'
'".' Interest reduced to 2%s
Peru ^Republic :of)—
LIs to 2%s (sef A B-C D E)«.
.
•
'
'
Interest
ARussian
stamped (Plan A)
to 2%—
6%s—
reduced
Government
M-S
1961
458
65
..
/
Jan. 1
No.
High
—
Range Since
Sold
-X ~r- "-.'X
,
/}
11
39%
39%
483; / '-87*
37%
13% ' 15 'A
27%
40%
444%
—
•:
i> '
r:; 77 '
—»
:
"
2%
426
2%
1 J-J
.
ei?4
31
isv|
—'
27
2%
2%
2%
,2
2
;p.j
29^
24%
7
12
,,.3%
"
:;2%
:;.j
f
so:
14;::X-15%
"16%
/
J-D
M-S
•
.—X " 26%
'
2012
1919
43
•
jr" >
f
.
29%
•428%
15%
•••41%
—
'
y
•470
* J-J
29
41%
.
—
444%
430
J-D
J"D
24%
37%,
27%
•; 40%
A-O
V-J
12%
6%
Af-N
-
80'
70
■w
M-N
J-D
2008
"41%
70%1 83%
.
M-S
:T997
&
r
J-J
1947
—1947
?.
>'j
High
Low
:
,';465%
F-A
1921
A5%s
•
Low
465%
y
7;^./;..
M-N
AMortgage Bank of Chile 6s
1931
Mortgage Bank of Denmark 5s_„.1972
f Parana stamped (Plan A);!
'
i
'
41
33
1927)—
1927)
Bonds
Friday's
>
.
,
t!5
1953
(issue of May
(issue Of Oct
Rio de Janeiro
55
'
Bank of Bogota—
A7s
A7s
'
•
■
,
J-D
,
■
:
or
Bid & Asked
,
..
A-O
J-J
,
)..)4J-;.:(49;1, 63% "
"36%
98
.
Sale Price
AExternal 6%s stamped--.——1952
111% ii2ya
•3
vy..
J-J
104
Week's Range
Last
Period
ALima City (Peru) 6%s stamped_1958
^Maranhao stamped (Plan A) >
•
Interest reduced to 2 y8s
2008
AMedellin 7s stamped
1951
°t
101%
.
'
v- 41011/4
_
Interest
(;•
BONDS
•
1
;;99%
-
\
Danzig Port & Waterways—
/
91%
.
7
;
111% 111%
1
•-
"
if
»
5
101%. 101%
•
104 Va
104%
101
ry
j
107%
Pi ice-
131
100%
107 V+
"
102%
*,v
,
Mtge Bank—
stamped
106%
Agricultural Mortgage Bank (Col) —
A 20-year 7S—
April 1946
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s^w—
—
1948
Danish Cons Municipal Loan—
External 51/2S
—1955
External 5s_—'
———1953
I
108%
102
42
107
107
.103% 104
,106%,107
*
,
111%
.y :
" M-N
1993
1947 coupon
103 7/e
„
.
Etcoie-Marelll Elefc Mfg Co— A6%s with JNov l 1040 ooUpOn__1953
A6%s
105% 106
100% 100%
Friday
"
5s—.
A-O
Newsonper Union—
,
'
95%
97%.
*
""101%
A-O
•<
'
104
New York Curb Exchange
162%
i
J-J
* A-O
rjS.:^lst:ri^e:4«v:s6f-Bl.—U—^1993" ' May '
Elmira Water. Lt &.RR
104
-106%
100%
31
92%
■
90
j-j
—
Eastern Gas
Dec
income
Western
...
•
95%
:
'
1,;
—....
1103%
-
160y8
107
101% 101%
J-J
M-S
" M-S
Gen, mtge .4%s—
,——1954
Del&ware Lack it Western RR—
-
A
106
F-A
1940 coupon—1953
1953
West Penn Traction 5s
107
102ya
106
1162% 165
.
y M-S
-
ist mtge *4s. ser
105y4
High
105 y3
2
102
U06
Q-F
1978'
; ^-Lackawanna df N J Divlsipn—•
105%
1105y4 105%
1 1947 coupon
Service Co—
Washington Water Power
Electric 5s
Consolidated Gas tBalt City) —•
.'
102%
J-J
A Apr
Jan.1
No.
ie Pwr (Ualt)—
1st ref mtge 3%s ser Q.
1st ref 2%S series-R
114
103%
Range Since
Sold
High
102
..
J-J
'
7
*
..
1st ref mtgfe ^s set P—.2—
":*
26
""
6s conv s 1 debentures
.
:
105 %V
"105
105%
Foreign Governments & Municipalities
Bonds
Friday's
or
Bale Price
' jrD
1969
.1977'
L,
with Dec
ex
Week's Range
Last
I.',
■
1958
—
...
3y4s
Elec
West Penn
Jan
2
Aug
ex
Waldorf-Astoria
Jan
14
Jun
Jan
~i%
113
1966
-.Jan
)
;5s.
101"
-
100
8% May
'
Debenture
"
__
1970
stamped
A 7s
Apr
Jun
1948
1954
5s
.'Debenture 5s—
*102%"
A-O
2nd
A7s
.104% Mar
Jun
1970
redeemed)
156%
104-
100%
,,
Industries—
(Hugo)
A6%s
15% Mar
29
10 y4
1960
redeemed)
148%
101%
110
1102% 104
—
Corp—
stamped
3rd
A6%s with Aug 1
^Central States Electric Cotp—
.-A5s (20%
1
—
—
3s__
United Electric
Jan
,
x6%
1998
—
155% 156 ."i
;.-y
A-O
1946
Jan
100
1964
;
-
8s..
50
/
—
-
J-J
Apr
10
400
Period
2%s
26
55
""
Terni Hydro-Electric Co—
Jan
8
Apr
10%
;:',y
C__.
Steel
Edison
Jun
Feb
2%
600
9j/b
*
(Hugo)
A7-4s
May
7
20
i
i
106%
"
1946
Jan
2%
x6%
>.
Atlantic City Electric 3y4s
Bell Telephone of Canada—
,
15%
.
'-'19
10%
Appalachian Elec Power 3.y4s_—1970
Assoc Tel & Tel deb 5%s A..
1955
Boston
Jun
98%
9y8
New York Curb Exchange
Bethlehem
May
27%
29
146%
—
65
Stinnes
Mar
98
„
;
ti
Jun
600
4%
106%
105 y4
112
(Calif)
Gas
&
|
96
105%
106 i/a
Jun
9
7%
1106
A-O
Jan
22
105% 105%
•
—
1966
A7-4s
Feb
26
108
104% '
93
"
trust—
Apr
,155
166%
d96
fl09
(AG)
collateral
Stinnes
5%
7
'
105%
103-
I.'' d96
78
Feb
36
16
100
104%
'
—
104i/4 104'/4
»
-
„
—
M-N
A-O
Jan
Jun
2
16 V,
16
__
v!
k'\
65
103% 105%
1061/4 106%
••
F-A
7%
20 J/8 Mar
100
pi
'' |
•■rr:
57*
104%
U06
1989
1950
115%
x6%
BONDS
-
104"
1970
5s
8
preference
•
Apr
Jun
V
' 60
457
—
5s
AStarrett Corp inc 5s
Jan
5s
£1
•
common
Wright Hargreaves "Ltd
102
|
'
"'M
1971
Counties
1st mtge
Southwestern Gas
Jun
__
-
2
deposit receipts
100 %
1100
3'/4s
California Gas
Southern
Ltd—
W)
(F
American
109%
105
1973
Southern
.
Spalding
i%
14
25
*
100
Inc
Petroleum
Woodley
21
1
pfd
108%
-
" J-J
■
—1973
Jan
27 Ve
1
4y2%
& Lt
Pwr
21
common
7302%
M-N
A
Jan
21%
50
series
2%
Jan
.
.
40 %
*
1952 -^
Af-S
——1951
A-O
3s
1965.M-S
1st & ref M 3s ser B
Jan
4%
138
1
California Edison
10%
6% May
,
105
115
,;-y
1998
j
Joaquin Lt & Pow 6s B
3%s
Mar
2%
Feb
112
20
28:...,.
10
5
•
5% preferred w w___
Winnipeg Elec common
Wisconsin
100
27%
Inc—
Brothers
~6%
1
& Co
(R C)
~6%
113 y4 114
113'A
9%
':m ;
Jun
2%
350
10
Corp
(The)
Willson Products
;
—
1960
,:
Go—
Safe Harbor Water Power Corp 3s_1981'
Jan
% May
3
20
Weyenberg Shoe Mfg
Whitman (Wm) & Co
Wichita River Oil Corp
Williams
__l
•
Vz
12,500
41
50%
27%
r. 21
109% 109%
4100% 102
"
Apr
r
]l May
6% Jun
1st pfd__100
com
•
Westmoreland Inc
Wickes
%
3
3
Mar
"200
150
%
.
Jun
•
Stationary
&
Coal
Westmoreland
A
1
1.25
•
Wentworth Manufacturing
300
:■
8
8
30
Co
1%
8
109
1%
1
Inc
8%
u"
100
preferred
Waitt & Bond
8
1%
Jun
•
78%
Co—
debs—
6%
Southern
1%
37
4103
""109%
J-J
1940 coupon__1960
1947 coupon
1
Scullin Steel inc mtge 3s
•
voting trust ctfs ext.*
Wagner Baking
>.'
1
Co
■*'
-A-O
A-O
...
w
Aircraft
>
f
V.-.-.jy
J-J
,
,
San
Waco
55 '~
115
134%
r •
—
-r-—
3-D
Queens Borough Gas & Electric—
'
5 %s series A
1952
Jan
3
50-year
,
34i% Mar
Jun
Oct
ex
Public Service Elec & Gas
'
Venezuela
448-
M-N
-
1970
A6%s
Jan
y,71 ,v Apr
,25% Jun;
25%~r .r'" 50
25 %
■
:
* Jun
2,300
5
convertible1
$4
'
4%
74%
74%
-
'
*
—
Af-S
1968
1st mtge 3s_
A6%s with Oct 1
.
:
Pennsylvania Water & Power 3%s_1964
.—1
_—
A-O
.1971 •
1944 "
—
Park Lexington
'
common
*
62
1
*
1961
1st mtge 3s
.
,
24 y4 May
-
\
High
Feb
26
Jun
New England Power 3y4s
1
--
Jan. i
Low
*
-
1963
1967
'Extended
;
Range Since v'!
8old
No.
High
—
' F-A
-
.
M
Piedmont
Corp
'
'
3%s
Valspar
74%
*"
42%
——5
—
"
-
^ J-J
Light 3 %S__;____l969 !
McOord Corp deb 4yas
1956 '
Midland Valley RR— r -
-
"
* J-D
L1966
3%s_—^
Kansas Electric Power
Kansas Power 4t
Jan
-Jun
1%
..10
.
tt,6%
1%
Jun*.
1'
100
■*
'f'.i'y <
1'
1952 < —
1952 :" <-»—
—1963
* J-J
1940 coupon
;/A7s ex Ndv l 1947 coupon
Altalian Superpower 6s
Feb
79% Mar
73" "JJun
2,400
i
i%
_10
Universal Products Co common
8%
o
.
125
3%
;
1 "i
r
L:
t' United Stores Oorp oom—u^—i—50c
p Universal .CotsoliriatGd-.Oil^.
-v'
"
73%"'
73%
-3%
1
common
f
.
50O
2%~"
-
U 8: Rubber Reclaimang Qo——.
Jun
.'1% Jan
;r 1Mar-:
-16% May
12 % Mar : :
'2 % Feb - :V'-3%Jan
100
'
14
■>'. 72%
warrants—*'
'» :•
;
-7
-
""
;2%
p'V S and International Securities-'—
Radiator
■*
J-J
-
—.
L
*
—IOC
t' U 8 Foil Co class B_
6%
-I
Bonds
Friday's
'-t
*
ctfs
^
:A7s with Nov 1
Jan
"
United
Co—
escrow
Isarco Hydro-Electric Co—
52%'Jan
40%
Jan"
37%
Power
ADebenture
"
80
or
Bid & Asked
Low
Apr
7V4
May
42% May
3,350
*"
Last !
Bale Price
Period
Exchange
High
Jun
5 %
47%
New York Curb
Range Since January 1
-Low
38%
50
-25
:
,...
Week's Range
Friday
Interest
BONDS
Shares
,
-33
1
Sales
-
High
Low
JULY
ENDED
for Week
of Prices
T
.
.10
10%
preferred.
United Shoe Machinery common—*_25
'p
-•' —
Week's
Range
Sale Price
New York Curb Exchange
United Profit Sharing
-
,
: .Last
STOCKS—
;
WEEK
FOR
RANGE
(33)
EXCHANGE
CURB
YORK
;
.
CHRONICLE
FINANCIAL
&
|
3%
::
63
1S2%
'
■
;-'<v'-.)V
v
'
Grand Trnnk Western )Ry 4s
Green Mountain Power- 3
Guantanamo
Indianapolis
%8».^
Western 6s)
Power
Lt 3y4s
&
T_1950
1963
)1958
1970
J)-J
■
J-D
A6%s
r
series
rA6%S
(Dec .11641:
A7s series E
A7s
(Aug
*.
1941
1955
ltt:|ft57
coupon),—r^;,/1957
A7s
13
102%
•
102% 103%
2 50
1106%
«
52%
104%
106
32J>4
—.
:v
»No par value.
Deferred delivery transaction (not included in years
,d
e Odd-lot
transaction, (not included in year's range),
f Ex-distribution. gEx-jstock
principal.
nTJnder-the-rule transaction (not included in
(not included in year's range),
x Ex-dividend,
y Ex-rights, z Ex-liquidating dividend.
56
4Friday's bid and asked prices; no
"A"
COUP)..,
r
150
55
49
—i——
^49%
148%
^
,..—1952
(JulY 1941 coupon)..
1952
J-J
31%
51%
'32%
56
31%
.53 vy
•-51%
-
ABonds
55
51%
-
f£r4&
-
54
•
51%
37
56-
49 y4
32
55%
sales being transacted during
being traded flat,'
Pp:
SReported in receivership.
P.
t
-
49 y4
"
year^grangeL^^ipTransaction for,
'58
'
:A7s series F___—
•V
100
y
3-D
—.—.1955
C
.' U0
f
M -N
■
Sec— »■■■■■'• i
Power
102
■
-103% 103%
-
<J-3 P
"p
International'
J100
'A
...
current week.'
,.v'
■•■■■;>
;
t ^
i;.
Py::pr^
j
«
,
v
above—"cod," certificates of deposit; "cons," consolidated; "cim, ^cumiriative; "conv,'.' convertible; "M," mortgage; "n-v," non-voting stock;
vtc, voting trust certificates,
"wV when issued; "w w," with warrants;" "x w," without warrants..
'
7
"
Abbreviations used
-'•••
Stock and Bond Averages
-
Below
listed
are
the daily closing averages of representative stocks and bonds
the-New York Stock Exchange as compiled by Dow, Jones & Co. \
on
*
10
10
First
Second
Indus¬
Grade
Grade
Util¬
trials
Rails
Rails
ities
r
Compiled by National
Total
10
-*>.»
Quotation Bureau, Inc.
'
65
Stocks
Date—,
June 25.;
*
__
101.67
June 27.—. J,
34.48
59.65
June 28
34 13
59.08 -
59.33 ;
101.69
June 30
34.41
59.55
July
34.66
59.98
...
l____i_
Closed
101.64
101.68
34.22
June 29
*
104.06
:(
Date—
7 June 25
—■
82.11
June
97.37
—
Closing
Closed
28.42
27
97.33
June
28_
104.01
97.26
.
June
29_iv*——-
28.44
82.23
104.-18
97.43
,
June
30—
28.66
82.30
104.18
97.49
July
1—
82.00
81.98
101.79
101.50
101.93
101.54
-
Range for 1949
High
33.26 Jan 24
Low
27.79 Jun
15
28.30
104.06
101.56
101.35
,
40
Bonds
J
(
■
i'V
(35 Stocks)
:
10
Total "
*--p
4U.},
Over-the-Counter Industrial Stock Average
—Bonds—
-Stocks-
P\
t-i
.
:■
—
;
28.92
1
High
Low
Range for 1948
—
37.83 Jun 10
' 32.37 Dec 29
V;\
i
-1_>
J
34
THE
(34)
COMMERCIAL
&
FINANCIAL
OTHER STOCK
RANGE
American
American Tel & Tel
50
--.v
«
36%
Jan
Leath
2,101
Jun
1503/4
Jan
Llbby McNeill & Libby common,
25%
26%
207
22%
Jun
383/4
Feb
246
25%
Jun
35
Jan
24%
25%
•
■
_-—100
40%
32% Mar
138
102%
70
100%
Apr
41%
102
2,080
40%
Jun
40%
15%
110
15%
15%
15%
120
5%
-
30
Jan
19%
Jun
♦3%
3%
10
3% July
'
Middle
West Corp
$1
prior
Modine
125
14% Mar
17
3%
34
3%
Street
43%
42%
58%
9%
*77..-.
1st preferred series A—__—100
preferred class B__-i,
100
preferred adjustment
100
Eastern Steamship Lines Inc
*
Employers Group Assoc
*
Electric
Kennecott
Loew's
National
North
Jun
68 %
77
Jun
88
Jun
7 39
Jan
20
19%
Jan
23
May
175
29%
95
623A
301
Corp
Jun
40'A
Jan
Jun
33/4
Jan
42%
220
40
Jun
56'/2
Jan
47%
'9
11%
15c
83/4
8%
83A
Jan
11'A May
Jun 7
153/4
N Y New Haven & Hartford
Jan
25c
81%
Sears
8
Jun
'
—100
Mining
V
—
2.50
79
Apr
87%
Jan
9%
6W Jun
20
5%
5%
31C
14
14%
367
4%
113c
/; 50
27c
1,300
Jun
45c
14%
43/8
—
13c
—
14
70
•
Jun
17%
53/4
Apr
43/a Jun
13c
Jun
26c
Jan
14%
14%
135
12% Feb
17% May
30%
202
29%
34%
48%
47%
483A
50
-;
25
10
48''
50%
2,352
1,025
/
Jun
*44% Jun
423/4 May
70
35%
35%
Y':
;
—-—100
120
120
*.-./!12%-
WMtinghouse Electric Corpi
Corp
—12% >>"
23
-
32% Jun
120
5
■-T-
12%
85
23 %
22 %
-
Friday
STOCKS—
604.»
Week'*
Last
r
Sale
-
South
D)
Jun
12 Va
Jun
203A May,-
.>
•
Air
Corp
43 Va
Jan
128
Apr
143/b
Apr
26%
Jan
6
Asbestos Mfg Co common..
1 Automatic Washer common
13%
13%
10
163A ;
15%
17%
18
100
»
139% 139%
139%
5%
~ -
1
Corp
5%
5%
600
»
11
__
1%
1%
3
5
*
common
5
Berghoff Brewing Corp..
BinkS Mfg Co capital
1
;
Inc common-
Corp
Anaconda
15%
Feb
17% May
138% Jun
1,000
Jun
14% May
20 %
19
May"
Jan
150% Jan
7% Jan
5
Jun
250
450
1
Apr
1%
Jan
1%
7
Jun
2%
7%
Jan
Jun
3 6 3/4
Jan
5
100
4%
Jun
73/4
Jan
10
50
Jun
13%
Jan
San
;
_
Copper Mining
Steel
common
Pacific
100
200
Gas System
Nash-Kelvinator Corp
New York Central RR
Motor
5
American
10
9%
Jun
14
Jan
Apr
43
53%
Pepsi-Cola
Oil
Co
Co
(The)
Commonwealth Edison
(new)—
common—
%
Jun
13A
Jan
11%
Jan
14%
Feb
Sunray
500
10%
Jun
12 3/4
Apr
United
50
__
,
9
Feb
100
61
Jun
43/4
300
4%
Jun
28
.100
26%
Jun
71
66 3/4
Jan
82
Steel
Spring
200
453/4
Jun
57%
__10
100
39%
Feb
6,000
25
Jan
27%
common
General Amer Transport common
Motors Corp common
General
10
2*2
Jun
38
56%
1
63/8
Goodyear Tire & Rubber
•
Co
Jun
31%
Jan
Gossard Co (W H) common
Great Lakes Dr & Dk common
Hammond Instrument Co common
Harnischfeger Corp
common
Heilman
Co
new
«0rPTT
Bartlett
♦
25*%
•
1
10
cap
common
common—
1
3
capital
lo
Independent Pneumatic Tool common-*
Indiana Steel Prod common
1
Por footnotes
see
Lt
14%
26
23%
200
American
Laundry
-
■
700
2%
Jan
500
9%
Jun
Jan
41/2
Champion Paper
Churngold Corp
100
4
Jun
6
Jan
Cincinnati
9
300
6% Jun
9
Apr
C
44
100
42% May
46
Jan
Cine
73/4
Jan
•Rpau Rrummpll
9%
"
May
10% May
Jun
2% Feb
3
800
300
23%
Jun
25'A Jun
35
19%
24%
€00
233/b
103/4
11
200
10%
200
9%
Jun
10%
10%
400
10
,
Jun
1
100
1%
l3/a
300
63/a
U'6»A
€%
300
12
12
r
1% May
4% Jan
300
103/4
93/4
100
12
93A
__
Jun
Jan
Apr
5/64 May
>>
>
8%
Jan
9 Ye Apr
7%
May
34 %
Jan
Jan
11%
Jun
11%
34%
__
Jan
14 %
13 %
Jun
5%
-
Jan
39%
Jan
14% May
3V4
Jan
7%
Apr
Jun
15%
-9%
Jun
13%' Jan
-3%
'
"*v
3%
3%
;v
3%
__
400
8%
8%
100
Jun
4JA
J^n
Apr
Jan
JL
93A
10
26%
10%
10%
Jun
24% Feb
8%
200
Jun
Jan
12
Apr
Jun
32
Apr
900
93/4
Jun
14%
Jan
100
7%
Jun
17%
253A
v93A
Jun
9V4* Apr
27%' Jan
25
300
26%
10'A
7%
/
8%
19%
'
,,
7%
•.!
•
-
4% Mar
__
__
—
25%
14%
—
•
-
t
Jun
17%
Jun
73%' Jan
' Jun
17%
17%
9"%
9%
3Ve
3'A
16% Feb
—
900
Jan
16%
21%
12
3'A
Jan
14%
60%
__
9%
Apr
400
63
173A
*!
53A
30
1,900
14%
62%
14%
Apr
Jan
Jan
100
9'A
Jun
11%
Jan
1,800
2%
Jan
3%
Apr
v-
11
__
'
Jan
11% Jan
N
O
&
T P
&
Jun
623/b
93A
Jan
Gibsoh
37%
100
37%
Jun
42% Mar
Hobart
12%
5o
Mfg Co
12%
Jun
17
Jan
Kahn
14%
Jun
15%
Jan
Kroger Co
100
19
959
15%
\ 6%
473/4
6%
48
1%
93/8
15
250
5o
300
250
150
2%.
2"%
40o
233/4
^33/4
100
8% Mar
•
6
473/4
22
17% May
Apr
Jun
7 W Jun
13/
P/e
113/8 May
Jan
Feb
1% Jun
*
25-v
_.
50
_
-
.
203/a
Jun
200
3%
Jan
5
Feb
5
150
4%
Jun
5%
Apr
18%
Jun
23%
Jan
25%
Feb
18%
9%
53
Mar
78
Jan
Jan
2%
Jan
11%
Jan
A
Randall
Rapid
U
U
78
4%
'
~6~ Jun
8
Apr
26%
Apr
30% May
76
Jun
90 %
Feb
Jan
50
4
Jun
-7%
509
68
66
Jun
76% J?n
16%
30
15%
Jun
51%
320
44
Jan
52%
193/4
13
19 3A
Jun
21%
Jan
—50
45%
45%
20
45%
Jun
47%
Jan
49%
preferred
16
193A
50
201
43 %
Jan
513/a May
620
57%
common
_i_*
Gamble
class
S
Playing
S
Printing
62"%
B.
9
-
Card—.—_—
common
Preferred
*
^lO
Jan
American Airlines
43/4
Jan
American
May
American
Rolling
Tel
&
Tel
-
62%
.
9
9%
Feb
Jun
66V8
Jan
175
7%
Jan
103/4
Apr
50
9%
Jun
11%
Jan
55
Jun
58% May
28%
21
28%
Jun
39
47
47
33.
40 3A
Jan
48 %
56
,11
/
___W_10
1.—100*
56
10
Jan
May
/
1'
Mill
S
-
19 % Mar
28%
__*
Stocks—
18%
61%
-
9%
50
Jun
25
18
4%
4%
68
68
200
331
51%
Electrotype
Unlisted
130
V
30%
10
common
(E) Sons 5%
Procter
19%
6
6
29%
"4
•
10
Jun
233/4 July
High
37
3%
30 Va
Art
900
Low
203/4
78
Eagle-Picher
i63/4
Range Since January 1
High
'4%
Y4
*
__
Tel.
Feb
Jun
10%
Shares
3%
*~r.
Bell
6
20
for Week
Low
1*
Electric common_8%T
Street
Sub
52
50
Sales
Range
of Prices
>'
v
common
100
141%
Exchange
Week's
9%
21%
140
9%
25
19%
21%
349
139% 140
116
7%
Jan
19%' Jun
138
Jun
t
4aft**
33%
r
1/128 Jun
341/4
*Jan
-i]
Jun
103A
7% Jan
*
\
Jan
26%
Jun
400
|
Mar
14 3A
*~"—80* -May
10%
-
•)1
May
10
.7% Jun
10
20%
& Fibre
Gas &
1,600
15
*
30
24% May
>
3% May
12%
63/a
37%
9
15
26%
21%
r
Machine.
„.,;
56%
1%
^-^2%
common—233/4
page^4/
33/a
i63/8
'
10%
400
—
1
11%
20
__
25%
/Last
_
Jun
10
10
__
Jun
-20Va Jun.,
10%
Par <*"./
5%
14%
mm
Jan,
14% Mar
_
20
,
Sale Price
12%
_25
1
Illinois Brick Co
"
41%
,
*
24%
J.
STOCKS-?
250
63/a
„
800
*■.
2%
Friday
53/4
55
v
10J/8
Jun
5%
•
Jan
22%
44
Gibson Refrigerator Co common
10%
' '
■
Cincinnati Stock
3%
.44
1C0
m.
103A
25V2
.
1
8%
10
200
-
9
,46% May
Cincinnati
_5
55% May
5%
—1
common
11%
"I
1%
Jan
•44 % Mar
103A
"7
•
Jan
23
__
Feb
32 %
-
34 'Jun
'
9
1
Oil Corp
Jan
42%
26
11%
123A
1%
1
Corp
4%
5
Apr
6% Mar
41V
,49% Feb
800:
200
25
Jun
47
25%
3%
41%
30% Mar
82
5%
,1
May
Apr
46%
—10
common
Corp class A
Feb
5
44% Mar
'42 'A Jun
130
v;
25 %
v
7%
42%
,,7'
-100
21%
ll3/a May
65% Jan
28
t
36%
600
_13A
15
Oil of N J_
Balcrank
Flour Mills of America Inc
Four-Wheel Drive Auto
e
900
61%
80
25
:
2 % Jam
•
1,000
-
V
Cumulative preferred
36%
25'/2
/v
2%
Studebaker Corp common
50
300
11%
25%
51%
43
203/4
-
-
1
r
Rexall Drug Inc
13
25
common
Mar
;
Jan
Jan
Standard
Co
;!0
Jun
-
33%
Jan
__
Jan
Jun
7
;
127% »Jun:
2%
2%
common
9%
42%
24
19
.
--
Cotp of America common——•
Raaio-Keith-Orpheum
1
Republic Steel Corp common.
•
11
10
Apr
400
9%
..
Radio
12%
,,_2%
Cities Service Co common/
Airways Corp
Jun
28
%
11%
*
Paramount Pictures Inc new com
6%
•
Jan
13%
-28%-~»~Jun
We
•
500
•
11%
393A
-
—4
capital
Standard
Chicago Towel Co common
Chrysler Corp (new)—
Jun
Jun
;
11 Va
.
5
——1
Car
Feb
Chicago R Z & Pac Ry common,
.
9
150
9%
5
jan
93^
Jan
Jan
200
<
11%
7
•
173/4
.
173/4
33
34
-~v%00
6%
28%
12%
—
-
—1
Co
493/4
gi/2
Jun
Feb
>
>'
Jun
4%
.
1
Mar
61
.
-*
13"%
934
Jan
10% Jun
300
31 %~
__
Inc (The),—•
150
__
-rl3%
14%
1,200
•
-
25
15
__
c_
Jun
31
50
;V
jci, "
„
i
w
Packard
.
—l
15
1
.
t
Jan
Jan
.
123/8
—• ^
new
Utility Corp
Graham-Paige-Motors
Laclede Gas Light
1
•
v
.,r.,.
Z5026%
10^21%
100
1
Ry Co
__
11
100
373/4
51%
^
•
com
1
40
6%
Jan
19%
Jan
May
6%
9%
9%
Jun
9
400
••
3%
36
•
j._1
St
Topeka & Santa Fe
19%
25%
9%
63A Jun
6% Jun
.16%
-*-600
42%
—
Inc
A
100
*
&
Jan
93/4 July
40
28%
36%
^
'
.
Famsworth Television & Radio
5
.—,
common
Power
Jan
31
,25 Va Mar
500
31.
21%
Armco Steel Corp
Electric
XI33/4 Mar
;
-v
—7
:
•
.
Public
300
46
3%
283A
common
v
48
:*
Indianapolis
Jan
313A
Jun
Jan
350
i5
(
^
r
10
48
1
common
common
——
Hupp Corp
8
100
203A
7%
<5%
-1
(new)—•
Schenley Distillers CorpSocony Vacuum Oil Co Inc
10
—
Convertible preferred
Chicago Mil St Paul & Pac
25& Spencer
Hibb S.erner
; 10%
Jun
„
,22% Feb
200
10%
.
*-~i-
Corpi,
—
•
preferred
Brew
Mar
,
^
9V2
373/4
.1
Lines
General
200
45
12%
common
(G)
59
~*
25*"
Corp
Air
General
5
9%
5
capital
(Peter) Brewing
243A
400
V
.
37%
20
8
.,v
Radiator
Wilson A Co
Fox
25
31%
37%
20%
-
•
High
-Jun
10
__
2%
common
Burton-Dixie Corp 1
Dodge Mfg Corp
Jan
25
v
Juff'
6%
150
p r'
14%
9J/2
<
Inc.'
American
40 3/4 May
19
5
__
1
14%
' '
L
Curtiss-Wright
26
25%
__
"
31 vi
.
25
Stocks— f
Alleghany
Pure
Domestic Credit
(.'4
Jan
200
63A
1;"7
common
Bankshares
Unlisted
Pan
Co
-14%
-100
,
163/4
9
25 -*/
United Light A Rys Co common
8 Steel comomn (new)
37% Jun
900
18
•
63A
__
U
Rights
1,200
3
Crane
Apr
Apr
100
-
—-20
Continental. Motors
Range Since January 1
100
13%
r
100
/ Armottr A Co common
Consumers
12
.
Jan
-
*
Lines
Low
38%
19%
*
common
American Tel & Tel Co capital
Chicago Corp
Jan
11
250
163/4
27
common
common
V.-
.
United
Columbia
High
38%
•
.__1
_—
Shares.
19
^
10
common
common
V/
Jan
Jun
Jun
93A
e3A
•"
La Salle St
:
Jan
Sales
of Prices
Low
(new)—5
common
( new)—
Secur
»■
2%
7
54% Mar
52'A
for Week
Range
Pri$e
Par
HI
24*
,
1 *
Jan
Chicago Stock Exchange
Convertible
Apr
13A Jun
/
■.
47%
233A
10%
/__!
Union Carbide & Carb capital
Canadian
Central & 8
■"?
•19%
,
:
21%
9'A
1
(The)—\
Co
Bethlehem
Central
26%
243/4
__
•/
Certaln-teed Products
Bros
23%. Jan
100
-
23 %
>
•
Swift A Co capital stock
Texas
A'xhlson
Butler
/
200
fea/4
63A
243A
.
93%
50
capital
V.
Waldorf System,
(E J)
Jan
Apr
Jun
"
_
-10
i
Corp
Dredging
Sunbeam
•
Brach A Sons
213/4
common!
Strap
American
Vermont A Mass Ry Co.
Borg-Warner Corp
8%
64%
22% July
1,000
49%
Feb
13
^
6 3/4
noo
263/e
1
capital
capital
Co
&
Steel
Wisconsin
*
Fruit Co.
Bliss & Laughlin
(
12%
213/4
;
,25
Standard Oil of Ind capital.
Jan
30%
—
United Shoe: Machinery common.
U S Rubber Co
Mfg
Feb
,,-.7% Mar
10% Jun
200
350
^
t
5
1
class A
Cummins
Standard
V
Jan
30%
Stone Je Webster Inc,;
Bastian-Blessing Co
:
Jan
100
27c
v~
Torrlngton Co
Avco
Jan
15%
.
Jun
41% Jun
.
;■
300
2
12%
-
•
common
Spiegel' Inc common 2
208
Allied' Laboratories
'
V
200
7Va
..48%
49%
.
1
^
22 -
7
213A
,
•
Stockyds
Roebuck
Sinclair Oil
I
10% May
280
Nat
Signode
Jan.
82
Pennsylvania RR ll
50
Rexall Drug Co—
—-2.50
Rutland RR 1% preferred——100 7/
.'
6%
Jan
13c
Louis
Schwitzer
<
Jan
Jan
1,335
9
80%
14'A
50%
103A
15c
»/
Jun
25
12
—:/
133/4 Jan
46
38
410
:;10-//v.''
.'■■■
11 %
-
200
iS
Switch
Stone Container
Adams-Mfg Co-(J
27%
•"
.-.1%
...
7
4
2
Pennsylvania RR capital
33%
•
5
Electric System--.——20
Ss Tel
100
^Admiral Corp
4 21%
22.
71%
10
preferred
St
23%
.46%
prior
1
Penn Elec
Jun
223
w
Manufacturing
5%
353A Mar
1,602
14%
Cos———1
Abbott Laboratories
22%
20
Pea body Coal Co common
<
623/a
27%
-47%
V 9 '
New England Tel
Acme-Steel Co
22%
'
-j
common
Jun
353/8
43%
14%
'
United
***'"■
''
common
Jan
33%
25
Theatre
Nash-Keiyinator
Butte
5
*
''
common
29
X26%
—
;
North
Co—
53%
35%
_*
Oak
Jan
26
26%
Cb
—
New England
50
v-22%
;—*
Cooker common
Illinois
1,000
„5
'
Car
6%
.
10
&
Standard
American
103/4
41%
_1
common
Ward
10%
*
Northwest Bancorp com mop
Jan
10
30
62
Copper
Service
57
77
26%
,29
29
Mergenthaler linotype
*
Narragsnsetf -Racing Assn^-^^,.:.——1
National
48% May
20
r___—
Razor
Boston
Feb
High
Jun
10> Jan
-
300
41%
1-5
capital—
National Pressure
Apr
Jan
26
First National Stores——
Safety
10
58%
6%
General
39
63/e' :-t
23
Ry—
5%
Gillette
165
-
200 /
634
>
common
°
Mar
5%
Jun
200
12%
?
preferred.
Mfg
Northern
Mass
J,
—:
Co
A
Jan
6
153/4
3%
10
Service
Cities
Eastern
Co
Marshall Field
Jan
43
14%
3%
~3%
Low
25
12%
63/8
7
'
5
Calumet A Hecla
62
32
30
Range Since January 1
High
24%
/
1—
common
Montgomery
32
100
unstamped__100
Personal Prop Trust•
Boston
Co
&
Line Material
•'
43% Mar
Jun
Shares
Jan
-
preferred
class A 1st pfd
prior
•
Lindsay Lt & Chem common—/
34% Mar
for Week
Low
5
common
10
,
1%
Univ
Miller & Hart Inc common vtc
—
Boston ft Maine RR—
Ext
30
Boston Elevated Railway—
Stamped
Salic
35%
41
•
La
*
Sales
Range
of Prices
*
^
138% 140%
102%
25
Boston Edison Li
High
£ Low
(new)
commonil
35%
25%
100
High
Harvester
Kellogg Switchboard
'
140%
Anaconda Copper
International
Range Since January 1
35%
*
Boston A Albany RR
Shares
Par /
r
35%
100
American Woolen
for Week
Lou)
Week's
.
Last
*
Sale Price
of Prices
i
• v'"-L_
-100
Agricultural Chemical
Sugar Refining—
American
1
STOCKS—
Range
Par
JULY
ENDED
Sales
Week'a
Last
,
EXCHANGES
WEEK
Exchange
Friday
Sale Price
Monday, July 4, 1949
Friday
Boston Slock
stocks—
FOR
CHRONICLE
9% Mar
27%
Jan
150%
Jan
U
Volume .170
Number .4817
.
OTHER STOCK EXCHANGES
range
Last
.
•'
•
'
'
Chesapeake
Cities
/i7v'V~>7V ■1'",0
■'
_25
Ohio
&
Service
31%
42
High
10%
3%
Jun
34%
37%
Feb
48% May
■m
♦
29%
16
26%
253/4 Jun
.25
;
20
93/4
3
29
Jun
so
Jan
12
Jan
,
Apr
King-Seeley common
Kinsel Drug
1
Kresge Co (S S)
Southern
&
____'
Power & Light™!.
Federated. Department Stores
Dayton
General
Cash
27%
35%
54%
*
35%
29%
34%
56%
31%
29%
•
28'
28%
;
.*
.
;
Motors
National
7
32
176
-
*
263/8* Jan
24% Mar
67 '"
-
30% May
29% July
>
•
10
;;
.
Register
34%
513/4
30%
Jun
39"% Jan
Jun
155
:
62%; Feb
:
,
Feb
35
*
r
Pepsi-Cola
25
2?
——_33%c
Oil
Pure
25
9%
9%
Masco
Screw
«
26%
;
24% Jun
Standard
(N
Oil
J)
(Ohio)
,
Co™
&
12
Apr
Rudy
88
253/4
Jun
31%
9%
10
9%
Jun
14
Jan
623/4
63%
-13
60(4
Jun
78
Jan
21
20%
Jun
26%
22%
—r
«
class
Tube
22%
383/4
383/4
30
38%
Jun
43% Mar
United
Shirt
21%
21%
105
20%
Jun
24% May
United
States
21%
Friday
Last
Cliffs
Iron
Columbia
Gas
duPont
Eaton
(E
I
1
Goodrich
a
'
•>
(Un)_
1
Radiator
I
343/4
10%
Jun
250
63%
Jun
36% Mar
16
Jun
Industrial
Rayon
Interlake
Iron
Jun
12
a45
a45
a46
a
''
Apr
43
Apr
50%
-20
43%
Jun
87
213/a
Jun/
47% May
32% Jan
10%
1
9%
a34% a34%
10
10%
a
25
Jun
7
Jan
14% 'Jan
34
Jun
al73/4 al77/e
30
17%
Jun
21%
a56% a563/s
6
52%
Jun
64
12 7
37%
37
10
Mo
15
15
/"15%
37
36
37
1
Steamship
37%
38%
93/8
'34
•62
9%
20
*
«.
Lamson & Sessions.I McKee (A G) class B
■
-
-
■
,' National
N
*•-'
''t
•
Jan
Mar
Corp
Allis-Chalmers
American
-
Jun
Richman
45%
&
American
American
36
Jun
46
Jan
33% Mar
413/4
Thompson Products Inc
.
13%
Jan
35
Apr
441
9
Jan
32
85/e
26
100,
26
393
32%
v
Jun
July
-
11%
Jan
33
Jan
37
„
Jun
Mar
^
164
4
3%
Apr
4%
Jan
10
10
60
9%
Jun
13%
33%
10
32%
Jun
}! U S Steel
Jan
al4
76
al43/a
al3
:al8 *
14% Jun
17%
Jan
20
17
Jun
273/a
40%'= 40%
192
37
Jun
43% Mar
a21% a22%
166
20'
Jun
26%
401/4
Jan
'
*
a35 3/a a35%
35
34%
Jun
45%
Woolen
&:
Armour
Co
1% Apr
July
1
May
.9
Feb
6% Jan
Jun
1%
10
Jan
Jan
Sales
Week's
Low
for Week
Shares
-Range Since January 1
Low
High
'
a3
a3
50
2%
2%
27%
9%
9%
225
a9%
a9s/s
20
11%
11%
High
*3% Apr
3(4 May
2% Jun
183
325
(Un)—•
San
Refining (Un)
•
—'
*
100
(Un)
200»
a41% a41%
2%
Jun
•
27% Jan
7
28% Jan
v
Jan
8(4 Jan
V
9% Mar
10%
14%
10% Jun
*42
30
139% 139%
—
14
(Un)
(Un)
Co
(111)
Atchison Top
Avco
823
55%
55%
55%
Apr
Jan
Jun
"54
VFeb
138% Jun
150
Jan
242
26%
—
Jun
57(4 Feb
37% Jan
,35 (4. Jan
20(4 Jun
180
25% Jun
50
26%
__
.
54"%
200
/ a25% a25%
—20(4 »20%
•
(Un)
30
—10
'27%Jan;
23
;
(Un)
C
•
•
:•/-
::'
,'';,
-•
Ohio
&
Compaity—
Bandini Petroleum
Bros
Corp
^
Mar
145 *
5
140
9%
9%
a7%
a 7%
Jun
7% -Jan
82% Jun
95% Mar
Jun
7% Jan
"8% Jun
7% Jun
10% Jan
2.50 Apr
15% Jun
.4% Apr
•21
Jan
yj
•
25
2.65
3%
1,300
9%
.
,330
'
—
3%
1
'
■15% —16
10
common
82%
5
5
5
^I
13
100
(Un)
RR
60
,
■.}i«• C''•>
r:. >
BaldwinILpcomotive Works (Un)I
Barker
—
(Un)_100
(Un)__
3
Corp
a5%
82%
5
a5%
& Santa Fe Ry
Manufacturing
a36%
65
33%
Jun
42
Jan
*
a20%1tt21%
324
20%
6 ■■' .V 6
120
Oil
Barnsdall
700
Home
( Un)
Appliances Inc
135
Jun
Jun
6
,
>
24% May
9
Jan
Blue
Diamond
•
2
1
(Un)
12
'Apr
Jan
25c
Jun
■75c
40
Jun
.47% Jan.
27% Jun
Corp
j,
Chica Oil Corp
Bolsa
Co
Co
i34% Mar
—•
(new)
Caterpillar Tractor Co
Products
Certain-teed
—25
(Un)
(Un) _10
1
■
Corp
New York Curb Exchange
IChicago
!
•
Stock Exchange
•
"
16
30
'
—25
(Un)-—'•
3%
(Un)
Corp
Commonwealth ds -Sou
.175
10
295
47%
.332
43(4' 43(4
25%
Commonwealth Edison Co
29%
,10
510%
(Un)
(Un)—
100
47%
—*
•
Commercial Solvents Corp
11
29%
—
:3%
Columbia Gas System Inc
45
11
11
Multiplier Corp
-1
Colorado Fuel & -iron Corp common™*
Clary
WOodwardjt-5525
895
a8
a30%tt30%
__
•
3%
176
«
Jun
6%
Jun
46% Feb
-
10
7
53% Jan
;
■10
Jun
24
22% May
Jun
10
14(4
.May
38%
113%
Feb
48
May.
5% Jan
-Jan
'3%.-Apr
150
10
25%
110
25% Jan
3%
3%
4,205
3
12%
14
1,775
19
13% Jun
6% Van
13%
.10%
13%
25%
iJun
*
-
Jan
156% Jan
12% Jun
100
10%
Jan
'29% Jun
44% Jun
100
Apr
Apr
,
'32%'May
Jun
;28
Jan
9%
24
Apr
-10%
Jan
■41%May
7% Jun
.100
3%
13
'13
—
-
33% !'Jan
6% iJan
.
.38% Feb
170
7%'
7
a8
10
(Un)
Cities Service Co
DETROIT
a45(4 a46%
7
25
Chrysler Corp
5
188
a46%
8% Jun
Apr
,
.23% iJun
423
a20% a20%
Ry Co
'7,
.2,140
a41
—
•
Exchange
5%
7%
•
Packing Corp
Canadian Pacific
Members
6%
a40
5%
*
——I*
(Un)
California
Watling, Lerchen & Co.
5(4
a41
-5
(Un)
Corp
805
a
•7%
—,115
(Un)
'25
24%
-
25
a8%
24%
24% •■'
28%
a8%
'■
Steel Corp
Bethlehem
Byron Jackson Co
Telephone:
2,400
a28%
5
33(4c
Aviation Corp
Bendix
Borg-Warner
Ford. Building
40c
a43% 444(4
5
(Un)
Co
Broadway Dept Store
Detroit Stock 'Exchange
25c
,35o
1
Consolidated
Bendix
Budd
j,
-
100
•
Copper Mining Co
Steel Corp (Un)
Bordon
New York Stock
75q
Jun
300
.
Range
of Prices
"
Jan
a36 %
*
new common (Un)
9
Jan
2% Mar
Jan
■
*
*
Van Dorn Iron Works
1(4
9
3%
300
88c
1%
'
40% Mar
*
-
Union Carbide & Carbon.
75c
r
•
14
Jan
Jun
93/a
33%
10
i
11%
.12V4 Jan
2% Feb
100
1
Anaconda
935
«
*:'>•'.
18%, Jan
Jan
3(4
27%
(Un)
St
Viscose Corp
Jan
Jan
60
50
common—
.-..v..-.:.--.
Jun
10
400
Jan
14%
20
32%
4
•
■■■.
14
100
75c
—10
(Un)
*
Tel & Tel Co
Jun
•
Bros
200
10
3(4
(Un)
Inc
American Smelting &
Barnhart-Morrow
Standard Oil of Ohio
15%
10
2%
Mfg Co
Radiator
American
Jun
*
Pennsylvania RR (Un)
Republic Steel (Un)
15%
Last
Power & Light
15
26
,
1
.
Jun
(Un)
Airlines
American
Baltimore
B
11%
Par
10
f
RR (Un)
class
Brass
85/a
26
*
Tile & Mfg
Central
Y
Ohio
w
Jun
400
Feb
Angeles Stock Exchange
Alaska Juneau Gold Mining Co.
50
32%
*
Medusa Portland Cement 1
10%
11%
2(4
Friday
175
32
32
32
10
;,
200
2%
4
Jan
40
■
Interlake
10%
11%
SaiePrlof
f;
.
*
(Un)
10%
10
r
STOCKS—
Alleghany
a24% a2434
*
(Un)
1% May
15(4
1
Los
Armco
rt
1% Jun
__
5
fc5% Jan
9%
5
Preferred
.6% Jan
300
__
Jan
20%
:•
common
common
185
1%
1
Jan
42%
24
50
Bros
5%
1%
—
Jan
76
;V
*
Goodyear Tire & Rubber
Gray Drug Stores
5(4
1
2
American
Halle
27% Jun
3% July
5% May
Jan
*
Co
F)
18% Jan
225
1
common
Industries
Jan
Jun
-10
a46
10
(Un)
293/4
150%
al0% al0%
10%
•
'V;
.13% Mar
372
__
1
common..
Distributors™
High
Jun
-85
2
L-
138
1,404
'
5
(Un)
common
2.00 Mar
10% jJun
•
3%
1
B
Timken-Detroit Axle
a21% a21%
l
(Un)
(B
105/s
65
15
new
Electric
Glidden Co
10%
64 Va
a39% a40
*
.
General
76
Id/2
Manufacturing
Erie Railroad
a31%'
64(4
(Un)
Low
64
•
System
)
'
>
Feb
420
.
Range Since January 1
High
a31
100
common
Chemical
Dow
Jan
Sales
Shares
al383/4al39%
25
Cleveland Electric Ulumln common
Cleveland; Graphite Bronze
95c
2,000
2%
.1% ; Jan
Jun
'
of Prices
Low
.—100
_•
!
1%
for Week
Range*
Par
preferred !t
;
'
39% May
'5-2(4 Jun
,240
.
Mar
Exfhange
Week's
Sale Price
$4.50
Mar
,1% Jan
25 %
10
Manufacturing
Standard
22%
stocks—
Cleveland
17
3%
1
Scot ten-Dillon
*
,
1(4
36
100
.
11%
•
25 *
•
3%w
5
Manufacturing
*'
:
Chesapeake & Ohio RR (Un)
High
,
Jan
1% Jun
Jan
*
(Un)
200
...
Apr
26%
9%
Cleveland Stock
Tel
.
•
Woodall
&
11%
2
W)
(H
Wayne Screw Products
Tel
1%
11%
<
> 'v
Warner Aircraft
American
•
j
,
31% Jan
•
Timken Roller Bearing
U S Steel
(new)
••
.
Feb
25%
10
:
15
125
^2%
1(4.
1%
>
10
•
8%
25
:
.—I
———
"
.
Pfeiffer Brewing common
Sheller
Standard Oil
'•
;
loo
•
—
Radio Corp
300
39
2%
1
Corporation
•
—
1
——___
Products
McClanahan Oil
1 1
!
River Raisin Paper common.™
^3
9%
Range Since January 1
Low
16(4
1%
Apr
«3
Ohio Oil
1
10
Rickel
*
___
: v119
T 115
16%
1%
39
__
Shares
High
Apr
3% May
Murray
Electric
General
% :
Low
1
Sales
for Week
of Prices
Par
Lansing Stamping
Commonwealth
Week's
Range
-Last
8ale Price
315
♦
.
STOCKS—
Low
26%
Gas
1
Range Since January 1
High
41%
10
City Ice & Fuel
Columbia
Shares
30%
30%
july
for Week
Low
Par
ended
Friday
Range
of Prices
Sale Price
week
Sales
Week's
Friday
stocks—
for
-11%'Apr
17%
Apr
'26% Jan
Jan
3% May
y'M
1
5
Consolidated Engineering Corp
Detroit Stock
Priday.
stocks—
Last
Sale Price
Par
Baldwin
Week's
^ Shares
Metal
Products
Rubber
:
:
—
BrownrMcLaren
5%
"/ "TOO
71/2
7%
v
8%
-
81/2
1
j
'ir.-i
.
150
125
Curtiss-Wright
Range Since January 1
Low'
5%
1
.
High
2
—
5^Feb
7%
High
6% May
Jan
Jun
10%
7(4 Mar
8%
90c
90c-
200
90c
r
Jun
Doerhbecher
Corp
5
23
54% Mar
'55%
9%
200
-8% Feb
-10 %
Jun
a22(4 a22%
60
*27
Jan
9%
a22%
22
Jun
Jan
(Un)—•
8%
8%
240
'7% Jan
•
*
3%
3%
100
3% Jun
a57%a57%
50
50%'Feb
-58%'Mar
50c
common
Manufacturing
al8% al8%
15
Z8%< JUn
-21% Jan
21% Jun
"26
Co
Douglas Aircraft Co Inc
Industries Inc
Dresser
a55% a55%
1
(Un)
Crown ^Zellerbach Corp
for Week
Range
•f .Prices
Low
(Un)
(Del)
Continental Oil Co
Creameries of America Inc
Sales
1
Altes Brewing
American
Exchange
>14% May
;
...
0% Feb
3%
Jun,
Jun
1% Jan
Electric
Chrysler Corp
25
47%
47%
47%
130
46
Jun
57
10
17
17
17
500
17
Jun
20%
Jan
32%
32%
100
32%
Jan
35% May
•v.
26
43c
43c
300
43c
300
10
%
\10o
34%
162
„
400
t42c
Jun
300
Jun
Jun
%5c
Jan
Jan
Consolidated Paper common
—1
A
170
26
CorpV(Un)—•
Light
&
Power
Oil Co Ltd class
Exeter
f
Consumers Power common
*
Davidson. Bros
Detroit &
1
Cleveland
Edison
Detroit
5%
5
4%
20
Navigation
___'
21%
225
51/2
4%
4%
400
5,397
21%/21% *
5% Jun
4(4 Jun
20%
Jan
&
Farmers
Detroit Steel
Detroit
common
Electric
Feb
General
5%
Jan
General eFoods
22%
4%
1
4%
16%
2,170
4%
Jun
Brewing
9%
Jan
Ale
151/4
15%
15%
720
15(4
Jun
24%
18%
*8%
300
15%
Jun
23 %
Jan
Goodrich
2%
2%
*%
1,100
2% Jun
3%
Apr
Graham-Paige
Jan
50c
53r
800
50c
5$4
55%
520
52% Jun
95c
Feb
500
5%
Jan
12%
Jun
350
10%
Jun
lStJ^Jan
!4^Jan
Hoskins
Hudson
&
10
Bearing
Manufacturing
Motor
Hurd Lock
.
&
;
For footnotes
see
121/4,*
2(4
10%
11
10% .10%
__12%
Car
Mfg
12%
.A
page-44.
5
.
3%
' 3%
m-
F)
Co
•
(Un)
common—*
(Un)
1
Northern
Ry
pfd
•
3
(Un)
Greyhound Corp (Un)
Hancock
W
Ball
39% "Jan
Jun
41%Mar
42%
42%
164
55%
656
52%
123/4
123/4
646
11% Jan
a56% a56%
12%
•7% Jan
Jun
34%
55Vo
42%
100
Jun
100
*;140
9% Mar
3
Jan
Hilton
Oil
Co
of
Calif class A
;
43% May.
B2% Feb
Apr
Hudson
4
Apr
Hunt
Motor
Foods
Car
Inc
__
13% May
a38
96
.34% Jun
1%
1%
500
1 % May
a34%
"•»—
'
—
45% Jan
3%
Jan
a34% a363/4
115
36% Feb
39% Feb
11%
311
10%
Feb
11% Apr
11%
100
100
579
100
Feb
119
May
9%
93/a
93/a
125
8%
Jun
9% Jan
1.80
1.70
1.80
4,100
1.70
Jun
4% Jan
12.50
Hotels Corp
10%
103/4
125
_6.66%
ftlO
alO
10
1
Holly Development Co
13
*
5
a—
a37 %
1%
8% May
125
9
1
'
Hoover
a
Mar
61%
(B
Goodyear Tire & Rubber Co
Motors Corp
Great
10
Goebel Brewing
•
—•
(Un)
'(Un)
%
a34
Jan
*310
Jan
.18%
1
General Motors
Corp
Corp common——Id
General Public Util Corp (Un)
3
i
,v.
Co
,
r
Motors
1
Products
1
Apr
6%
10
Corp '
Steel
Frankenmuth
Friars
Stove
100
Natl Bk
Liquidating Corp
FAR
General
Detroit-Michigan
Merchants
Co
—
9% Feb
13
8% Feb
ll%1Jan
Jan
36
(36)
COMMERCIAL
THE
&
FINANCIAL
OTHER STOCK
RANGE
Week's
Friday
Last
STOCKS—
par
Imperial
(Un)
Co
Development
—100
Ltd
Co
25c
Intercoast
Corp
Petroleum
15 %
10
,
High
4c
v
—
Independent Exploration Co——33YaO
Shares
\
'
•
'
.
a24% a24%
__
JULY
1
18 Yb
95c
Low
22%
1.00
■
High
Feb
2c
1,000
14,431
■
Philadelphia-Baltimore Stock Exchange
Range Since January 1
•'
*
25
4c
12%
1.00
EXCHANGES
ENDED
for Week
Low
(
Illinois Central RR
WEEK
Jan
29 Va
9c
7% Feb
95c
Jun
400
Friday.
Jan
May
STOCKS—
of Can
(Un)
a20%
a26% a26%
(Un)—.
15
(Un)—•
International Paper Co
*
a45%
a45% a45%
International Tel Sc Tel Corp
Kaiser-Frazer
Kennecott
Kern
Corp
.—I
—
Corp
Copper
y,.; a8
(Un)
County Land Co
•
a8
4%
4%
•
•
105
114
Par
1.50 Mar
4%
110
5
39%
39 V2
21
21%
a68/a
a67/a
4%
Jun
43
Tel
Company
Libby McNeil & Libby
707
39
9
Jun
370
(Un)
Lincoln Petroleum Co__
10c
Lockheed Aircraft Corp
1
'
20
Jun
70
95c 97 %C
—
6%
•
(Un>_:
Inc
(Un)——-—
Co
Co
Oil
900
95c
Jun
10 y4
Jan
22
1.45
Jan
Petroleum
Electric
Jan
Fidelity
—
6Y4
7 Ya
Feb
Finance Co of America class A
6Y4
Jun
80c
"
134
1.05
1 Y2
•
1Y4
43%
48%
1.35
1.35
—
■
306
■
.
'•
Jun
2Ya
jun
48 Ya
*
100
1.35
Storage Battery
& Deposit Co
General
.■
85c
5
Corp (Un)
National City Lines Inc
National Distillers Prod Corp
11%
—1
11%
360
11
1.90
;4
L
Corp
Jan
13
Mar
7Y4
166
7%
Jun
97/a
299
44%
Jun
57%
Jan
5%
187
4%
Jun
7%
Jan
18Ya
18%
40
167/a Mar
19 Ya May
137/a
19 Ya
212
167/a
Jan
20
36 Ya
377/a
122
34Ya
Jun
51%
58 V4
135
56%
56%
217
Mar
10
L)
(Glenn
56 Ya
—10
217
56% July
1
55
7
567/a
Jan
May
212
Jan
75 Y» Mar
Apr
Jun
217
1,847
51Y8
Jun
62%
Feb
334
6%
Jun
llYa
Jan
10
35/a
Jun
5 Y4
Jan
7%
71
7s/a Mar
ft
62
67/8
7 Ya
50
3%
3 Ya
1
lYa
*
RR
ft
'
12
Apr
2.10 Mar
Jun
Jun
147/a
Power
&
Light
Pennroad Corp
Jan
6Y2
262
6Ys
Jun
18%
435
17 Y2
Jun
alO al0Y4
20
9Ya
Jun
13 Y4
8c
Jun
20c
Jan
Jan
Penn
Mar
Jun
1,983
6Ya
Jan
(l May
3,673
l67/a
Jun
May
&&
Jun
Jan
■e
7%
7%
8
•
17%
16 Ya
13
32
39,536
50
Pennsylvania
RR
Pennsylvania Salt Mfg
Pennsylvania Power &
Rights
7 Y4 Mar
19
ft
I
17 Ya
—
12 Ya
Jun
47%
—100
Navigation
Martin
Jan
59
•
.
Motors
6Ya
(Un)—•
Feb
9
46 Ya
Ya
37s/a
10
Lehigh Coal Sc
Lehigh Valley
Jan
National
Nash-Kelvinator
8%
50
1.10 Mar
July
1% Jun
400
1.05 ■&%] 2.000
95C
ir
Oil
Diablo
Mt
1
210
19%
.13%
com
May
500
9Y4
9
18%
—1
Light
26 V2
Ward & Co Inc (Un)—•
Mining & Dev
1
Montgomery
&
13 Ya
—I
Co
Co.—:
Pcwer
Jun
320
14% Jan
Apr
Jan
,
Jan
Jun
5Y4
205/a
7
May
11 Ya
7Y4
14%
80c.
26
150Y8
Jun,
542
9 Ya
47
235
,,
High
Jan
133
12 Ya
9
Corp
370
80c
21%
-
17%
80c
12%
.100
pfd vtc.
21%
1
^
Manufacturing
Merchants
1st
Curtis Publishing Co
Davison Chemical Corp
8«/2 Mar
,
465
■
Menasco
5%
21%
—-1
Magna vox
''
1,252
-13
17 Ya
20
Mascot
Works.
21%
—-—•
Angeles Biltmore Hotel Co
Low
341
138% 140%
"
—
Locomotive
Delaware
Loew's
140
25%
Jan
'
Los
Range Since January 1
High
24%
Budd Company
Jan
17%
17%
&
Bait Transit Co
Jan
26 y4
Jun
Low
247/a
Jan
46'A
•
Shares
'loo
Chrysler
Lane-Wells
for Week
Apr
56 V2
May
Sales
.
Range
of Prices
■
»
Arundel Corporation
49% Mar
11
Tel
Baldwin
460
1
7
Jun
Stores
American
Jan
Jun
8
.
31
Apr
42 Va
ey? 50
a43% a44V2
a44%
27%
Week's
Last
Sale Price
18'/« July
American
International Nickel
Monday, July 4, 1949
Sales
Range
of Prices
Sale Price
FOR
CHRONICLE
14Y8
14
14%
2,180
10
367/a
35 Ya
367/a
210
32 Ya
Jun
37% Mar
34
34 «/4
481
33
Apr
36 V4
Light
32
Jun
-
New York
Central RR
(Un)
•
Nordon Corp Ltd
North American Aviation Inc
North
American
Northern
Pacific
Occidental
Oil
Ry Co (Un)
al9'
100
a
1,000
9
al9
200
8 Y4
Jun
11 Ya
19
27
16%
Jan
Jun
17
127/a
--
13%
385
12%
27c
500
25c
—1
(Un)
1.60
41c
Mar
Phi'co
2.65
Feb
Jan
Potomac
1.65
—
1.65
920
247/a
247/a
100
24%
Jun
32Y4
31%
1,197
30%
Jan
33%
Feb
34%;
415
32%
Apr
35%
Jan
31%
202
30%
Feb
32%
Jan
Jun
Edison
Public Service
Pacific Gas
6%
& Elec common
25
preferred
5V2%
25
34
25
i
preferred
34 y*
31%
31%
$1.40
Indemnity Co
Lighting Corp
10
Pan
American
Pennsylvania RR
Pepsi-Cola
Co
Oil
Jan
61
50%
Jun
53%
Co
a87/a
a87/«'
1
20
20'A
200
19%
50
14%
14%
395
14 Va
Jun
17%
10
250
Jan
12
Apr
—25
a37% a387/s
170
39% May
53
a31% a317/s
92
32%
Feb
105
«
8
4%
Jan
United
Jan
10%
Apr-
United
Jun!*
8lA
24
Jan
'
*
25%
•
10
1
Republic Petroleum Co
10
'
26
483
25'A
Jun
32
10%
887
97A
Jun
14
7'A
Jun
9
7%
300
al Va
75
4'/a
4%
4%
6,652
2%
2Y8
100
2%
17%
17%
250
17%
JuA
5
200
3'A
Jun
4%
340
4%
Jun
5%
50
19 Va
Jan
19'A
50c
Jun
72y2c Mar
25
Jan
4%.
2.50
4 Ye
1
!
Co
al37/s
4%
1
% May
4 Vo Jun
6
Jan
Seaboard
Finance
Sears
Roebuck
5V2
35%
3,973
4Ya
300
4Y2
Jun
38% May
6% Jan
23
1
Co
V2
22 V2
265
17%
Jan
"/a
a6Ya
20
6Y4
Jun
a25
175
22%
Jun
27%
16%
Jan
19% Mar
17
17
*
'
4,'
17%
-37 Ya
*700
•
37%
47
15
a33
438
a33
Sierra Trading Corp
8ignal Oil & Gas Co class
3,100
28
27%
28
680
12c
20 y4
20 y2'
1,500
1,069
14%
i47/8
1
•
20%
15
147/a
com—23
307/a
Socony-Vacuum Oil Co Inc (Un)
Edison Co Ltd
12c
.
30Y4
28 V*
28 V*
4.48 %
preferred
25
21 Ya
25 Y4
26
34%
34 Ya
34%
34 Ya *':.r :.
25
Standard Brands Inc
Standard
Oil Co
Standard Oil Co
of
Swift
&
Co
(Un>—
25
1
:
common
\
25
Texas Company. (Un)
Tidewater Assoc
Tran5america
Oil
Co
Co
(Un)_
Corporation
—2
Union
Corp (Un)
Century-Fox Film
United
United
Pacific
RR
Aircraft
Air
Corp
Lines
United Corp
Co
Inc
58%
Corp
18%
__
_„C
•
(Un)
..10
-
—5
—1
Western Union Tel Co
(Un)
Elec Corp (Un)
see
May
607/a
Apr
*,,!
J/2
.
143
70
-
%
Jun
® Jan
3
3 V4
115
2Ya
Jan
19 Ya
19 Ya
1,153
18 Ya
Feb
22
41
10%
a28y8
41
$3,000
37%
Apr
54
-y
3Ya
Apr
Apr
V2
Feb
-
a29
29
Apr
33 Ya
Apr
35%
32 Ya
Jun
-
49%
Jan
,
37 y8
21%
Pitt
831
55
268
56 ?
170
a6%"
25
270
-
29
100
1,465
Harbison
Joy
3%
a34% a35%
56%
Jun
37%
Feb
627/8
'
Jun
50
16%
Feb
9%
Jun
*>28Ya Jan
68)
Feb
C Feb
19%
Jun
10
10%
6%
20*
'Jan
Feb
Feb
Mar
67%
100
Apr
10Ya May
190
9%
Jun
12 Ya
foo
2
Feb
8Ya
Jun
8Ya
8Y4
10 Ya
25
19%
19 Ya
-
450
10 Ya
*
com
Co
45
1
Gas
33
33
Mackintosh-Hemphill
National Fireproofing
Oil
&
5
Corp
'
Apr
2% May
10
18 Y4
Jun
Jan
10 Ya
8Ya May
Jan
23 Va
Jan
10
31%
Jun
397/a Mar
132
,20Ya
Jun
24Ya
100
2 V4
2%
-5
7
6%
6%
~2Y4
5
Gas
-c
20Ya
*
20 Ya
20 Ya
__10
Screw
Renner
&
Bolt
300
50c
50c
6Ya
Jun
2 Y4
100
July
50c
M&y
8Ya
Jan
3Y4
Feb
50c
Apr
Apr
Feb
Co
Ya
1
Spring
•
Westinghouse Air Brake
Westinghouce Electric Corp
V".
34
28Ya
Jun
35 Ya
Jan
52
67/s
Jun
8%
Jan
50
60c
«•
■
27Y4 May
205
67/a
60c
13%
60c
13 Y4
1
31
31 v2
67/a
31
*
J
Steel
31
30 V4
•
10
Corp
13 Y4
15
134
300
50c
Jan
60c
12 V*
Jun
16 Ya
Jan
21 y2
jun
;
347/a
Jan
20Y4
Jun
r;
26Y4
Jan
Jan
y
•
24 Ya
23 Ya
24%
12.50
227/a
22 %
22 Ya '
St. Louis Stock
Jan
41%
..
'192
Jan
21%
Jan
11%
Friday
STOCKS—
Tel
Bank
64
Brown. Shoe
Mar
Bldg
Sc
&
Tel
Jan
General
Electric
common
(Un)—
General
Motors
common
(Un)
21Ys
Jun
26%
11
Jun
14
Jan
Apr
2%
Jan
35%
Jun
39%
24% May
43 % Jun
35
Feb
International
9%
Feb
6%
6»A
400
5Y4
Feb
13 y4
May
21%
Jun
3% May
Feb
12% May
7% Apr
14% Mar
26%
:}■ ':
1
*
Low
382
9
* 31%
v
-
31% *
138 Ya
.
-9*
100
,20
High
Jun
150Y«
Jun 4
29 Ya Mar
*
'
-
Shoe
5
Laclede
Gas
common
Jun
30 V2
Jan
23
*
23 Ya
200
22 Ya
Jun
25 V2
Feb
307/a
40
23Ya
Feb
32 Ya May
248'" -34%
Jun
34 Ya
35 Ya
55
56 V4
22%
23
42
1
common
24 Ya
35%
42 Ya
«
Laclede-Christy
25
23
2
common
McQuay-Norris
2%
2
North
American
Scullin
com
Steel
Roebuck
Securities
common
Invest
pfd
-100
25
40Y»
Jan
44%
May,
40
2%
Jun
:
2%
Jan
Jun
86
6 Y4
13 Va
10
Jun
14
Mar
265
Y
5
Jan
7
May
50
13%
Jun
17%
Jan
15
20
15
Jun
18
Jan
17 V2
20
16
Jun
18
Jun
13%
18%
100
15%
Jan
19%
Apr
4Ya
4Ya
200
3Ya
Jun
57/a
Jan
10 %
10 V2
50
10
Jun
19 Ya
Jan
21 Vo
4%
*
•
Jan
15
—50c
common
Jun
19Y2
;
;
2%12
13 VA
—10
A
V2
40 Va Jan
-62s/a Feb-
52 Va
180
.
17%
*
„25
(Un)
Public Service class
;
>
281
500
Ya
6
—10
common
.
11
—-
4
Meyer Blanke common
Missouri Portland Cement
31Y2 May
247/a
56 y4-
—10
Brewing
?:
Jan
9Y4 May
Ya
/°5<
-
_
common
Sears
50
255
Range Since January 1
24
1
Shoe
St Louis
975
31 Ya
.
Shares
138% 140Ya
Mar
130
1,140
J
Sales
Tor Week
-
High
9
Jan
564
11%
9
1
May
100
43
.15
common
Coca-Cola Bottling common
Falctaff Brew common
31% Mar
40
■.■±±1.-
common-...-...
Jun
Jun
11%
3
Mar
86
Low
.100 >140Ya
common.
12
7%
'
Range
"of Prices
Jan
25
Jun
(Un)
Equipment
13%
24
t
Sale Price
Par
55% May
41%
Feb
Last
.*•
Feb
25%
Week's
'
Jan'
30
Jun
"78%
Exchange
Apr'
-72%
35%
20 V*
22%
Refractories
Griesedieck-Western
1,427
22%
Star
American
! 49
21 Ya'
Vy
8Ya
2%
;
200
-
8%
High
10%
25/a
1
„
Manufacturing
*
"
21
~
Walker
Johansen
12%
8%
10
5
Brewing
Clinton Industries
13
8%
*
1
Low
Jan
1,031
-
•
:
Corp
High
Feb
Apr
1,249
21%
43
Fort
Low
Jan
Jun
17%
492
-
Co
■'
Range Since January 1
Jan
27%
I 854
-
L)
Shares
■
tor Week
26% Mar
10%. 11%
3%
29%
23 y4
823
12%
Apr
200
-
50%*
27%.
27 Ya
295
-.
-
a78% a78%
21% 21'/a
__
(D
Columbia Gas System
Continental Commercial
:■
Range
of Prices
Apr
240
a36% a36%
12%
Clarjc
Sales
Week's
Last
Sale Price
24
Jun
26 % Mar
20%
13
29
Friday
STOCKS—
Pitts
18Ya
1,343
9% '
al3% al3%
37%
110
34
Jun
397/a
J an
96
96
10
96
Jun
96Ya Mar
10
May
'
''
v
--
Jan
.
(Un)_ —1
(Un)
page
55 Y4
Feb
3%
Pittsburgh Brewing $3.50 pfd
Pittsburgh Plate Glass
Jan
-
23%:* 23 'A
llio
footnotes
Jan
52
57%
%
Pittsburgh Stock Exchange
Jan
Jun
Apr
Feb
K-
18%'
20
...5
Warner Bros Pictures Inc (Un)
Western Air Lines Inc
For
46%
55 Ya
56Y8
%
i
28c
12c
147
17%
.._1
W) Co
28
53Ya
567/a
.1975
Jun
17%
a57% a58% *-
..50
(Un)
(Un)
.
:9%
a6%
25
(Un)
(F
Jan
Feb
32%
37% "
50%
(Un)_i*
common
Willys-Overland Motors Inc
Feb
23Ya
19%
4s
10c
313
60%
•
States Rubber Co (Un)
-10
United States Steel
•
Corp new cornUniversal Consolidated Oil Co
Woolworth
28 %
Jun
BONDS
Baltimore Transit Co
28%
United
Westinghouse
Jun
17 Ya
-!
*
Feb
853
18Ya"
1
(Un)
-:
Jun
Jun
■
63%
—5
Tri-Continental
*
-
5c
300
627/8
(Un)_ ——10
Union Carbide & Carbon
Union Oil of California
Jan
25%
26
-13%
Improvement.
>
20 Y4
Jan
■
37%
__
•
Trancontinental Sc Western Air
Twentieth
60'A
.
25
Sulphur
18Ya
25
(Un)
Feb
Jan
14%
a27 Va a27%
18%
•
(Un)
Texas .Gulf
A
•
•
Studebaker Corporation. (Un).
Sunray OH Corp
•
Calif
(Ind)
26
25
(Un)
Standard Oil Co (N J)
20
375
Jan
50%
38%
•
29 V2
21 Ya
6%. pfd class A
Southern Pacific Company
Southern Railway Company (Un)
-.
Standard
25c
4.32% -preferred
Jan
1,174
preferred
So Califf Gas Co
Jun
2,524
31 ;•
'A 4.88%
-
962
18 Ya
1
Gas
•
Ohio
•
A
39%
Jun
Feb
5c
Corp
Calif
Apr
217/a
26 Ya
177/a
8% Mar
Feb
45
31%
5c
Signal Petroleum Co of Calif
Southern
34 Y4
21
25
5c
Sinclair
Oil
47 ; :
,_25c
^
Corp
"
Lone
30
Corp
*
Duquesne Brewing
22
a6
a24Y»
'
1.75
—
"
Security Company
Oil
23 Va
Feb
25%
Jan
33
Shell
Union
Jun
1
Mar
4s/a
<—_5
(Un)
Co
Sc
85 y2
•
3% May
27% Jan
4%
S
(Un)
Inc
Jun
Apr
35%
1
,
Co
85
2
♦
21 Ya
21%
•
.
Co
Mining
ft May
'.''j"v'.'C
Richfield Oil Corp common
Ryan Aeronautical Company
Industries
Jan
85
•
Par
100
•
Paper
40Ya
85
*
25%
Jun
Jan
17%
Mfg Co
Schenley
24 Ya May
Jun
22 Y4
Apr
al3% al37/s
55c I 55c
-50c
Drug Ir.c
Regis
Jan
7%
al'/a
Reserve Oil & Gas Co
Safeway Stores Inc
Jan
23
909
Apr
7'A
1
Republic Pictures Corp (Un).
Republic Steel Corp (Un)
St
common
Oil
Jun
3%
35
aiy8
Oil
20 V*
522
26 Ya
36% May
—.
Warrants
Ranch
3,863
r
23 Y4
22%
Jan
♦
22 V»
21Y8
Jan
Apr
50
common
common
Jan
10
(Un)
(Un)
Rexall
17Ya
23 Ya
25%
pfd-^—_ 100
& Gas common
preference
Co
Tonopah
Apr
(Un)„2Ya
Corp of America (Un)
Radio-Keith-Orpheum Corp (Un)
Rheem
El
3.60%
Paper
Sun
Mar
a3%
Radio
Rice
51%
47
a3%
(Un>
Co
40
:■>
•
(Un)
Phelps Dodge Corp (Un)
Pullman Incorporated (Un)
Pure
a50Ya a51%
33YaC
Airways Corp
Paramount Pictures Inc
Co
22%
3
-
a54V2 a54%
•
Packard Motor Car Co (Un)
Jun
.
Scott
Pacific
Pacific
dlv
Reading
•
♦
common...
common
Jan
31
•
Corp
*
com
common
div preference
>$1
1
common
Water Sc Power Co
Philadelphia Electric
Jan
"...
Corp
14
19 Y4 May
t
27c
;
Jan
8c
9
10
Co
Co
8c
—m
(Un)—1
(Un)
Petroleum
Oil
Oceanic
Ohio
Co
1
-10
44.
a4% ;a4%
a4b% a47Ya
50
20&
"
Sterling Aluminum
common
Jun
7%
Jan
Stix-Baer &
common
45 y8 Mar
47 Ya
Jan
Wagner Electric
4%
Fuller
common
1
10 %
5
-
15
12 Y4'
—
10%
13
3i\
.
25
91
"
35 y4
-
191
*
15
Jan
12% May
13 Y4 Mar
33%
46
Jun
Jan
THE
Number 4817
Volume 17D
COMMERCIAL
CHRONICLE
FINANCIAL
&
(37)
3?
OTHER STOCK EXCHANGES
RANGE
FOR
ENDED
WEEK
JULY
1
Week's
Range
l
,
STOCKS—
i
>,
Friday
,/'■./
/'
Par
Air
Reduction
Alaska
Co:(Un)_;—
Juneau
Gold- Min
3%
,
3
..
Low
100 "
3%
Macy & Co (R
Magnavox Co
Range Since January 1
High
a227/e a23%
.
10
Co.
Low
y
*
—
Shares..
of Prices
20%
Airlines
Inc
(Un)
9%
500
2%
23% May
Martin
Co
(Glenn)
1
__
9%
405
.7 i
'
Jan
■•'
,
10
7ya
—5
Matson
Navigation
(Un)_—n
(Un)
Co
Robbins Inc
&
—
Range 8ince January 1
Low
Hiah
70
'
28
1,409
High
*
Jun
31% May
18
Jan
5% Jun
6y8
7%
18
18%
226
Jun
23%
Jan
8
8
300
7%
Jun
17%
Apr '
15
15
650
11%
Feb
17%
Apr'
a33% a33%
50
18 %
1
——
.
-
3% Apr
Apr
III—1
Sales,
a28% a28%
__
Calculating Machine
Marcnant
High
Feb
common—.
Shares
T.nw
.
*
H)
—
McKesson
American
*,
Par
for Week
Range
Sale Price
4
Sale Price
Sales
Week's
Last
i
Last
STOCKS—
for Week
of Prices
Friday
San Francisco Stock Exchange
.
18
'
*
15
1-18
a33%
33% May
33 y4 May
Mar
If
.
'
American
&
American
Factors
Foreign. Power
•/
(Un)—*
Ltd '(Un)
'•
/i.
:_20
-v
T5/b
1%
16
.
100
16
■
-
1%
'
217
-
15
Jun
•; 2 ' Mar
Jun
'
22
;
Menasco
JaL.
,•
.*
Radiator ,&
Amer
Stan. San
(Un)
n %
•
11%
420
American
,
a42 Va a43%-
Smelting & Refining (Un)—• ://'/"—
v i>
^
{ American Tel & Tel;Co (Un)
■
American
Viscose Qorp com
Co
(Un)__—14
American
Woolen
Anaconda
Copper- Mining <(Un)
;
*7.
■
175
(Un)
138%
&56
a56
.,
—
45%
696
a24% a25%
53 Va
',>rf
Feb
Monolith Portland
P',
u
,
"4149% Jan
Monisoc-Knudsen
"
10
51
61 ye
May'
Nash-Kelvinator
279
22%
Jun
37%
Feb
85
-
•
25 Va
Jun
34%
22c
Jan
35c
Jan
<
,4,000
16c
Jun
22c
Jan
m
;
*
6%
18
50%
19%
19%
12
(-19%
6%
;: 49
50 V*
t
-10
—t
12
.
Feb *
8
-6% May
Jun
57% Mar
425
19% Mar
22% Apr
150
10%
Jun
15%
Jan
Jan
'.385
,
48
(Un)
Corp
12
—
'
Jan
a26'/8 a26%
a26%
9,200
19C
Jan
'*
Fibres
National
Auto
National
II50
500
24c
-1
'
Co
1.75
23c
::
:
Cement-pfd (Un)_10
& Co- (Un)
•—.*
-Montgomery,.Ward
Jun
4
Un)r
Jan
2.10
Jun
1.65
23c
16C
P10
■
1.35
1.75
1
Co
M J- & M & M Cons
'■ * '
■'
14% Jan
,
;Apr v4 •'V.V
•; ■
•
al38% al40%
al40%
—100
,.I;
.10% Jun
*
Mfg
Mindanao Mother Lode Mines;
•iV'- //■•/:■■/-;
Distillers
9%
>%
is y8
400
a
9y8
Jun
11
243
is y8
9%
—
17%
Feb
1
19% Mar
«
'
'
(Un) _1_ *
Arkansas Natural Gas class A
a9
a9
a9
80
r
-Atchison
Auab
Top & Santa Fe
(Un),
Corp
y
400
(Un)
'■
a81% a817/e
*
5
4
;
6%
30
a20% a21 y8
--
9 % May
Jan
102 4
102
Jan;
'
20% Mar
-
8
Imperial Diesel Engine
Wedge Mining Co.
Mig Corp (Un)
Atoi
2.50
„
Avco
4%
40P
Big
41/2
310
23c
24c
1,500
24C
3
4%
Jim
22c
6
5
5
800
5
Jun
a9%
a9%
---55
9
Jun
2%
Apr
:'./•/
Mar
Central RR
Y
Bai.K
1
3
Petroleum
Bandini
".
L_
California
of
N
/'./-
i
3
■•>' -/.
3
250
29 Ve
29%
100
260
260
-100
1
A
:
250
60
l
Aviation
Bendix
*.
Betmehem
Ei(
Oil
hop
(Un)
Corp
Steel (Un)
■
5
-
•■'I
•
24%
III2
Co
,
24
-
7%
11 y8
Apr
4%
Apr
-
355
American
5VuVc
American
North
650
Jun
7
15
8y4
Jun
11%
110
17%
Feb
19
10 /
Mar
70
Mar
76
Jun
60
Jan
9%
60
Mar
*
*
Jan
!
Jan
i
May
Ol
al9
10
Cons
al9
71%
39
39
III
71%
38 Va
100
—
50;
.
10
37%
326
■
.
11%
Jan
-1-1
;
2.00
2.00
5
Biair Holdings Corp (Un)-'
33 7/s
.
Jun
Ohio
Jan
14%
Oliver
Co—
1
(Un)_—
•
Oil
Oil
Co
United
al9%
al9%
(Un)_
2.05
1.95 Mar
1,484
-
—15
Loiutn Co (Uni—:
;
Buimer Hill & Sullivan (Un)_—— -2%
«
Byron; Jackson Co
•_
I
:
-
.
Calaveras
Cement
Co
:
B
V Cifess
•
Ink
■
2.60
Jan
»■
Paauhau
'11.60
:
*
Co
Filters
class
<
.) f
Tractor new
22
Jan
60
21 %
Jun
25%
Jan
4
;
:; y 5%
••
Jun
800
1.60
Jun
Jan
t
i
90
,23%
Jun
33
Jan
.
\
11
11%
555
Jun
13%
Jan
3%
3%
30%
31%
; 1.60
.
10
>
100
1.60
41
35
'
:\y
2.65
Jan
41
-■-100
10%
30
908
27%
Jun
29%
-
-
/ / 6%
,
common—
/•: ' .11
_45
—
v
{
10
4"
■
4
■
tmtrn
•
—
.
preferred
[•■'.
v.
.
Corp
Celanese
iL*
of America
a27%
a26% a27 Va
Public
Pacific
1st
Jan
•
1' Jun
24
-A-i
Eureka,Mining Co
Central
Chesapeake & Ohio Ry
Chic Mil St
Paul RR:
com:
1.05
;
Tel
Service
27%
27%
1,775
51%
425
100% 100%
r-
/
—
135
17
-100
>1.05
1110
-
-\t soc
600
-
»
(Un)—
/. /-
4
a30% a31'/4
30%
Jan
Jun
1.80
Jan
Jun
>
a4%
a4%
-
18%
18y2
-
46
—..
47 V'2
30%
135
"
-65
-t
5
-
34 Va
Preferred
(Un)
,
Chrysler Coip
—
—25
Columbia
Broadcasting
;
Columbia
Gas
class
System
—.'
~
_2%
A
*
'''
.10 :
Cities Service Co (Unl-:
<
<.
•:'
- -
al7% al7%
i-.j
-18%
460
a42% a437/8
a43%
-240
44%
•• •
--
Jun-'
8Vb
Jun
57%
-
,
Jan
18 Ve
Apr
22'A
'■/ Commonwealth & Southern-(Un)
r Commonwealth Edison
L/I .
Consolidated
>
Coppermines1
r
•>/*
Co
3%
Jun
11%
Apr
2%
Jan
I
*60
/ 25%
Jun
*0
33y3c
—25
*
(Un)
Co
7
'
Oil
Pure
2%
2%
22%
125
a39 %
a39%
25
a9 %
a39%
a9%
45
150
•
_1
Co
■'
5 Va
5%
2% Juh
4j/4
.
21% Mar
Radio
Feb
•
-
-
55%
265
8
-
9%
9%
150
90
90
21%
23 Va
1,666
96%
96%
v
5%
54
•v
<
8%
(Un)
-
Zellerbach Corp common-
Preferred
•—
_
■
Curtiss-Wright
Corp
(Un)„
23%
5 !.
■ V.
.
A,\ *r,.
j
e%
v
v.;y '9
a8%
——1
Fruit Corp, class B
Giorgio
com—5y
Domiiiguez Oil Fields Cp tCfn)Dow Chemical Co
Jan
Dumbarton
Bridge
a8%
Jun
12y8
Apr
Jun
8V4
55 V2
El
Dorado
Oil
Works—
Jan
10
87%
10
Apr
90
Jun
Jun,
20
* 42
/ Jun
94
•
Mar
27'/a
15
9%
100
190
1,^0
<>'
/
r.
„7% Jan
^
•'•if
6
8%
Jun
i!
"
*
9%
,«
••
•
.
Liquidating Corp
;
Jan
Foster &
6%
100
40%
40 Va
165
9%
11%
1,500
13%
13%
250
12% Mar .",: >
370
31
39
%
687
33
%
%
110
—2%
27 Va
28%
,
—
23%
—
24%
o';8
*
General
_•
Motors
General Paint Corp common
r
Golden
Ltd
State- Co
-2
34%
5 .' Feb
-
40
/■!
9%
6%
'
343
55%
10%
Goodyear Tire & Rubber
(Un)
14
13%
14%
60
58
Jun
14%
Jan
-
V-
v'•*
*
•
Jun
21%'Jan
Jan
35
Apr
25%
Feb
32%
Apr
9%
Jun
14%
Jan
a28y8
17%
.
:/:. 1%
-
7%
-28%
17 y4
Jan
14
141/4
35%
r
35%
-4
.28%
^-io
11%
11%
11%
—5
„P10
a22%
a21% a22%
North
Great
Greyhound
Ry
Jan
39%
Jan
53% Jun
62% Feb
16'A Jan
8tcres
Inc
2—
Roebuck & Qo—-L—i;
Oil
Union
—I
3
•
Jun
.
Jun
.
Oil
Sinclair
Corp
Stores
Bros
11%
11%
Hawaiian
Pineapple Co
Ltd
Oil
; Soconv-Vacuum
-
■..':
17%
—
17%
1%
-
Holly Development Co
Oil
Honolulu
Plantation
Hunt
Foods
:
_
Inc
1.70
_1
«
J.—
Corp
pfd
4.48%
4.56%
Preferred
;
*
>
So
Conv
—
4:88 %
preferred
6%
,1
/
44
1.75
Jun
39%
10 %
Feb
:
Sperry Corp
2% Mar
•
Jun
13% May
200
16%
Feb
:
;
■'
3% Mar
Oil
1.65
9%
400
-
i
Maryland
Idaho
Power
(Un)—1
Corp
Mines
—33 Vac
/
1.80
Oil
6,725
International
Tel &
IXL: Mining
Co
Johns-Manville
Keiter-Frazer
Kennecott
Hern
LeTourneau
Libby
(R G)
For
&
Inc
1
__
(Un)_„
Company—
Inc___
..
_
a
4%
26 %
a8Vs
32c
—
*
5
Carbide
Union
Oil
Co
Calif
Jun
4 Va
66%
Jan
United Aircraft Corp
2.75
Jan
United
8%
Feb
Jun
Air
2.20
'
Jan
Jun
Feb
18
S
Corp
Jun
Apr
Jun
45c
Jan
Warner Bros Pictures
33%
Jun
39%
Jan
Westates
4%
Jun
Jan
West
V
_
.
—
see
page-42.
16%
Jan
23y4 May
37
20
347/8
31
80
Feb
20 y4
18%
^
9
24
a
55.%
Jan
West
46%
Jan
Western
6%
13
Jun
8%
May
Jan
Petroleum
Indies
Jun
9% Mar
1
18
17%
13
725
16%
Jan
17%
17
17%
570
14%
Jan
t :
4
Apr
Jun
28%
32% May
/:
26 '/a
25%
26 y8
700
26%
Jun
J
27%
27%
..I:. 100
29%
Jan
?
281/4
400
25
33%
281/4
I!
33%
34
34%
May
28
27 y4
'
♦
«
29"% May
J
Apr
28%
Jan
j
Mar-
,;
Ml
206
33%
Apr
35 y2
Jan
•
994
35%
a231/2 a23%
a7%
a77/a
24
26% Mar
13,
a28% a28%
33y4
Jun
49"%
Jan
i
30
25%
Feb
277/8
Apr
!
9'/8 Mar
5
3% May
10
19%
;
:
18%
19%
305
18
Jan
20%
Jan
60%
58%
601/2
1,734
55 %
Jun
67%
83%
63%
331
61%
Jun
72%
Jan
16%
Feb
20%
Jan
48%
Jun
./ 19%
Jun
V
Jan
'
al.7 y8 al7%
55
a50%
a50'/a
a51
90
21'/b
20'/a
21 y8
1,460
10%
101/4
11 y8
'
10
5,478
Western
Lines
common
Union
Westinghouse
(F
W)
(Un)—;
Corp
(Un)
Yellow
Cab-'p referred
p
•
v
25 %
12
Jan
Mar
36%
36%
499
33%
Jun
41%
28%
28%
379
25 Va
Jun
31% Mar
121/4
-1
*
-10
5
(Un)—1
(Un)
(Un)
(Un)
Teleeraph
Elec
55% May
.
-
36%
21
Jun
24 % Mar
12%
845
10%
Jan
14% Mar
*it3
21%
a3'/8
75
2%
Jan
3%
Apr
20%
21 y2
1,466
20%
Jun
21%
Jun
35
Feb
43
Jun
10
40
42%
375
2.35
2.35
100
'7%
7%
11
42%
2.05
515
7%
Jun
11%
375
9%
Jan
1.00
1.10
1,503
15
326
al7% al7%
*
6%
6%
al4
2.70
Feb
15
1.10
5
1
Jan
12 y4
a20% a20%
1
Inc
Jan
•
•
28%
6%
al4
a!4
85c
Feb
■■
*
Apr
9%
Jan
12% May
1-SQ May
15
Jun
Tt
Apr
30
17%
Jun
22%
Jan
100
5%
Feb
7%
Apr
50
12%
221/4
22%
440
10
47
47%
3p0
25
20
20
80
21%
Apr
18% May
Jun
Jan
Jan
5
(Un)
Sugar
Air
Woolworth
i
J?
Apr
17 Ve
'
21
1
Coast Life Insur
Jun
185
14 y4
717
J
V
Jun
28%
Jun
4
I!
Jan
38%
Jan
805
20%
Mar
ii
39y8Jan
Feb
.100
27%.
Feb
11c
W 6c :• Feb
14,900
.4 445
•
39
*
Corp_
(Un)
i
(Un)
Equipment Co_
41%
110
12
6%
common
32c
90
6%
Oil
Consolidated
Universal
Victor
583
12
—
com—
new
11
*
238
Apr
29%
31% Jan
39 %
39%
<Un)——:
Corp of Del
Steel
Jun
100
r
29
2,684
32% May
7%
U
J.n
1,410
12%
2,280
10% Mar
8
4%
4%
(Un)
Inc
Lines
26
34 V8 a34 %
Jun
5
10
common
.
200
32c
10%
Jan
11
;
130
•
25
(Un)
Carbon
&
of
400
-
a42% a44 Vb
39%
_1
7
Libby
footnotes
a 8%
*
(Un)
Corp
Aircraft
Lcc/heed
Lotw's
Corp
Corp
Land
McNeill
<Un)__
*
P2
Copper
County
Tel
26 Va
a8 Vs
(Un)_*
I,
•
31
25
10
2
common
Corp
Transamerica
Jun
32'/a
50
18
12%
15%
Jun
,
'
Ass'd
Water
Utah-Idaho Sugar
International Nickel Co Canada
—
(Un)
Company
Texas
July
1.70
1,300
a32% a32%
20
—J—
Co
Independent Exploration
1.70
1.80
23
'22%
25
-1
(Un).
(Un)
Corp
Studebaker
United
Idaho
21% Feb
30%
*
*
(Un)„—
Calif
of
Co
2.05
42%
440
;D%
v
9c
37
19% May
1% May
250
25 y» Jan
130
143
V.
22%
Apr
12
268
Jan
38% May
31
-II——II——Z-2
Spiegel Inc common
11% Mar
45
19%
Jan
22%
Jan
34%
2.10
.
14%
35%
Standard Brands Inc
377/8 Jun
pfd ser A
California Gas C*>
Standard
May
2.05
2.10
Jun
14
25
14%
Southern Pacific CI
62% Feb
1 Va
44%
—ii-L1
Co—
Jan
Jun
25
25
—-25
25
preferred
Union
Honoiuiu
.
v;
20%
_
(Un)—•
Pulp Co
14% Jun
300
100
335
2,462
a32% a33%
■a32%
15
5
Calif Edison Co com
Feb
490
12%
1%
•
•
Co class B. (Un)
Hotbs Eattery
-•
(Un)
Jun
55
11%'
12%
12%
*
i_
.
15
*
*
Inc
*.—
(Un)——
10
1,465
~
8c
■;
9c
27%
Tide
Hale
iv-
.
—--—;—
56
160
1%
a34% a34%
(Un)_»
pfd
non-cum
Corp
-
(Un)—•:
A
Maurioo. Mining—
Shell
Jan
6Vs
'
..
Apr
Feb
26%
37%
'
'
class
Co
Standard Oil Co of N J
1
—
34%
Jun
35%
•
Jun
576
255
23
Sears
43% May
-
Jan
240
24
Conv
34%
-190
a36% a37%
•
(Un)
Graham-Paige Moto'rs
.{;
Jan
28%
17%
23
Jan
4iy2 Jan
-2,845
-
57
37%
23
Southern
110-
10
Jun
Jun
i
32%
I
1
•
-4
I Soundview
22% May
-
42%
v.21%
110
.......30,
17%
i,2Zm
San.
.
,
37%
„——_—^———;._T—-1
Safeway
,
1,049
a27% a28%
•
10
Cement
Jan
517 '
435--
60
1%
100
—
Mar
60
n,
,32%
25
S & W Fine Foods Inc—
Jun
495
.
56y»
10%
•'
2*
common
Feb
49%
Feb
47% Mar
Jun
5
35
10%
•
preferred.—'
52%
1
.41%
Riverside
Jan
Jun
tjj Jun
■" ■■ •
a42 a42%
10
Corp
i
4%
'35
•
Corp. (Un)
ll7/e Apr
-
Jun
;:37
35
48% Mar
'
Electric Co; (Un)_-
General
General: Foods
17% Jan
.*
Jan
35
,
15% May
33
<;;
Cnemtcal-
f 24% Feb
.1,242
a23% a23%
"
Apr
33
Kleiser common.:^
Food Machinery. &
Jun
11%
a23%
.
Apr
1
_
'
'
4.32%
FAR
-
Jan
a32 a32%
ll5/8
.
100
Oil Oorp
Richfield
;>':4
Feb
■
12 'A
24-^/b
-5
Emporium Capwell Co
Jan
»
ioy8 Mar
20
Mar
-
€%
60
9% 40%
43 ''43%.
"
43%
11%
(Un)__
:
a25% a25%
11%
a32%
Jan
6%
•
Co
f
"
Jun
•19
*
Manufacturing Co
.' Rheem
97% May
...
'
Electric Bond &.Share
15%
100
——-1
Reynolds Tobacco class B (Un).;
.
Jun
198
(Un). -10 '
Eastman.Kodak. Co..common
May
4%
8% Feb
115
'
Jan
Jun
160
27%
a44 %
.10
(Uni-;———
96y4 Mar
';-v "■
•
—
(Un.)
Republic Steel Corp
a44% a44%
**
_15
a-—-.
—
26 y2
3% Jun
405
a52% a53y8
;
-
/
Di
49% May
Feb
<
■
Rayonier Incorp common
"Preferred
,
'
'43 '/b
Apr*;
-r
r
■
Corp of America
'
Crown
Feb
n
Jun
Feb
a377/s a38%
*
Railway Equip & Realty pfd—
23% Mar
•.
'
"41%
100
55%
com_25
(new)
101V4
89
209
9%
_*
(Un)
3% May
r
1
1
Natl Bank
',.v,
Jan
54
24%
20%
Roos Bros
Crocker First
1
Jun
15%
-
al4Va al4%
&38%
'
"
•
;
Creameries of.Amer .Inc
28%/ Jan
Jun
100V*
300
16
Jan
29 y4
Apr
50
Jan
32% Jan
-
Apr
26 y2
167
8%
16
al4%
Puget Sound Pulp & Timber (Un)
Inc (Un)—
s
J
8%
16
8%
-1
(Un)
•
Pullman
27 % May
.—5
(Un).
(Del)
'
-
,
v
•
1,100
—
-
22%
—5 t:
/•.y"• > o ■•i. :
Consolidated 'Vultee Aircraft
Continental: Motors* (Unj"".r
Cou»iiiental Oil
3%
(Un)—*
.,-v
>
''ii-'
a25% a25%—
.-..Consolidated :Natural: Gas (Co "(Un)-15
556
V-
35%
Apr
May
,.
'■
■
II25
—
Consolidated Edison Ca of N Y
;
_
,
•
Corp
Petroleum
Phillips
Jan
9%
Dodge
Phelps
May
<
I-
I
:20%
(Un)
Jan
48 Ve
--
Airways
Pennsylvania RR Co (Un)
Pepsi Cola Co (Un)—
Jan
32 Va
Jun"
42% Mar
,--70
91
3%
3'/2
Companies common
Paramount Pictures
;
••
-*"-'■-73;
aioy» aia%— ->-50
(Un)
American
Paraffine
'
400
-4—L*—
'
Feb
Jan
:
-
'.
•,
25%
(Un)
com
30
.
..27
478
17%
25%
4 90
17%
common..
33
:
,-40
27%
'■
com
730
.
.'J 766
—
Tel
&
/•'
*
preferred
34%
33%
;
,
a30%
—25
(Un)
Jan
Jan
6
■
Jun
30
'
r
Apr
30 Va
H
13%-Feb-'J
Apr
3%
4,248
31%
30%
common—
;
Packard Motor Co
Pan
: 215
-
12
a281/4 a28y4
31%
25
Corp
preferred
Pacific
'
'
.•
6% Mar
Jan
5
20
100;
51
<
25,
—
Lighting
34
34
25
—
—
red
31%
25
—
preferred
$4.50
Jan
y 14%
/
*
-—25
"
'
—
preferred
1st preferred
1st
5%
'
■
:107/a Jan
.
,1st
5% %
Pacific
Jan
36%
Jun
-11
190
-
V
""
Feb".
10%
-
>
-
all
5
Electric common.-:
&
5%
Jan
46%
,
30
50
all
JV' ■
Apr
2.50
July
_5
Fisheries
i
Gas
Pac
Mar
9
Jun
.
8%
-•
44
-15
Sugar Plantation
American
\'
8% Mar
Jun
20
"31
Jun
5
100
•
-
42%
31 t
-
I
•
400
—
tJ
1.60
a25y8 a25Va
—
—
*
B
Pacific Coast Aggregates
41% May
Jun
1.60"
42
42%
i
-
-1% 1
Canada Dry Ginger Ale (Un)
Canadian Pacific Ry
(Un).
Feb
13%
5
1.60
-
Mar
40%
S^'/sf
5
Caiiiornia: Packing Corp. common
Cate.pihar
-5%
*
24
Feb
'•■'■•"'■■"45
4%
4
21%
->./! 370
14%
a20% a20%
i_._i
—"
California
r
v'
13 %
14%/
»
California Art Tile class A
15
a39% a40y8
V"i(-
-ill
Calambra Sugar-'—
•
19%
a
f;.
Jan
Jan
Pacific
Boeing Airplane Co
■
«]
Jan
'
"
f
;
Apr {
i
Oceanic
23%
a9
al9
common—100
Invest
preferred
-
Jun
12%
a9%
a9
10
10
Jan
34%
A
w
26 %
-
875
24%-,-.
7 y4
7%
^ •
165
-
Jun
a9i/2
al8%al8i/4
•
1
(Un)
(Un)
11%
200
200
7'% Jan
;
Jun
Co
6y4
Jun
"61/4
10%
10%
-•
(Un)
American
5% Mar
eye
10%
—1
^
w--.
North American Aviation
North
North
—13
Locomotive*. (Un
Baldwin
Company
Natomas
Mar
32c
.
Jun-
—•
(Un)
National Linen Service Corp
Jan
-20%'Mar
N
Atlas
Prod
13 Va May
16% Mar
21
Jun
26%
Jan
44%
Jan
47%
Jan
20
Jan
20 % Jan
'
38.
(38)
&
COMMERCIAL
THE
LISTED
CANADIAN
'
FINANCIAL
FOR WEEK
RANGE
CHRONICLE
*
30
Thursday
STOCKS—
-
Canada
National
7%
C*B»dl»n Finds
Ranfe
for Week
of Prices
Shares
Last
Sale Price
Z['..
Abitibl Power ft
$1.50
Low
Par
Paper common
preferred
$2.50
Z';\
ii
•
11
National
Low
113/s
20
16%
163/4
37.40
High
17¥s
Mines
Jun
20 ¥4
Jun
38
Feb
Acadia-Atlantic
Sugar
Agnew-Surpass
Shoe
class
A
a20
—*
a20
>•
8
•
37%
37%
9% May
Aluminium Ltd
Aluminum Co of Can
•
4%
pfd
20
8
19%
80
38
41 ¥a
43
25
30
Jun
24 ¥2
43%
6%
Argus Corp Ltd
common
4%% preferred
9
;
•
56
May
Page-Hersey
:
Power
'
v...
5 ¥2
u>
Pa))er
ft
613/4
Jan
Powell
26 ¥4
Jan
6%
Jun
9¥e
50
5%
Jun
6%
a62
18
62
Jun
76
21%
56
21
Jun
River
26 ¥4
Bros
Jan
52%
54
1,416
59
Jan
22
.22
185
23
Jan
al70
al70
5
170
Jun
173 ¥e
Apr
al9% al93/8
15
18
Jan
20
Mar
100
•
com
49
May
20
.
Feb
-
24 ¥4
24 Vb
24 ¥4
102
102
30
101
Apr
423/4
42%
43
400
37
Jan
a60
a60
60
May
63
35 ¥2
35 ¥4
35 ¥2
34 ¥2
Jun
42%
—*
133/4
12 ¥2
Jun
163/4
•
—
Jan
;
43
50 ¥2
45¥2
Jun
60
•
...
•
18%
18%
18 ¥2
280
17%
Jun
23
Jan
40%
40 ¥b
403/4
3,268
38%
Jan
41%
20%
Jan
18%
18%
2,284
17% May
20 ¥a
Apr
British American Bank Note Co
British American Oil common
14¥4
•
50
.
*
11 ¥4
11 ¥4
26
45
Light
&
16 ¥2
16%
16
6%
6 ¥4
6 ¥2
a70
a70
,6.50
common
-13%
13 ¥2
•23 ¥4
235/a
24%
24 ¥2
12
Jan
22
Feb
24%
Jan
24%
Apr
25%
Jan
10
97%
Jan
Jan
113/4
Jan
6 ¥4
Jan
7,370
2 %
3
Jan
26
26%
256
24%
Feb
26 ¥2
9 ¥2
2
100
2
Jun
30
31
1,120
.27,
May
100
•
Columbia
Power
Corp
cl
A-_*
Class B
•
Building Products
30
23
20
Canada Northern Power
Corp
28
8%
a98
12 ¥2 al23/4
19%
1,236
18"%
Jun
21
al9% al9%
Apr
5
20
Jun
23 ¥2
Jan
•
10
10%
500
13 %
13%
13 ¥a
85
19%
19%
35%
35 %
35 %
<•
21
150
21
21
46%
*5-8%
24%
12%
..5
84%
48
Jun
28 ¥2
of
Canada
Textile common.
Tuckett
■
*'
24
Jan
71
Jun
86
Jan
660
8%
Jun
11%
Jan
5
8
May
11%
190
24
Jun
36 ¥2
12%
11%
35
11
85
1,606
81
3,200
11%
Jun
17 ¥•
14%
122%
14%
Jun
18 ¥2
Wabasso
Power common
5% preferred
General Bakeries Ltd
37 ¥2
18%
19
240
16
Jun
21
7%
7 ¥2
7 ¥2
117
7
Jun
23
23
105
22%
Jun
353/4
Feb
31
Feb
13%
Jun
inc
1927
'
27
Apr
;/
a
16%
453/4 Jun
10
.
17
?•
48%
Jan
25
Jun
Jan
:i7
15% Mar
a95
94 ¥b
Jun
19%
19 ¥4
100
17
Feb-
A
Jan
18 ¥2
18 ¥2
133
17
Jun
18%
Mar
5
Jun
7 ¥4
Jan
78 ¥4 Mar
85 ¥»
Apr
853A
;,
Feb
18 3^ May
97 ¥2 Apr
,
•
5%
5¥4.
,
_•
81%
79 ¥2
81 ¥2
25
a80
a80
a80
4%
>4%*^
4¥4
158
158
5%
.:f
16.
80
20
:
Jun
•
'
/
100
,
*
Worts
ft
14
26 ¥t
263/4
23
-*
common
Jun
•*'
Jan
Jan
.
•
/
7%
•' 1
Jan
•:
28 ¥2
Jan
'
25
May
24- Jun
21
Apr
Jan
167/b
14
,
(
;
i
7
170
Jun
5% jun
14
/. 23
—
4 ¥4
158
|
.
..'Jl*v.
.
:--*
pfd-
Apr
Ltd
I-——JLl--
18
18
.31%:
32 ¥2
—
common
32%.
Ltd
^—:
.1100
;-a98
a98
18
Mar
27
Feb
•'37 "
97 ¥2
Jun
100
39
A
common
a98
a42
.
a42
-
Feb
43
'19
:A|
Jan
Apr
>'Feb
Jan
;
15
5,526
24 ¥2
100
233A
233/4
25
21%
23
23
7 150
21 ¥2
Jan
21
200
193/4
Apr
213/4
11 ¥8
11 ¥4
1,155
al67
al67
5
14
14
115
14%
25
19%
17
17
17
60
225
13 ¥4
13 ¥4
.
common
International Petroleum Co Ltd
International Power
International Utilities Corp
14 ¥4
42%
*
common
(John)
17
13%
25 ¥2
23 ¥4
al6
•
30
29 ¥2
15
48
46
7¥»
7
47
47
14%
14 %
*
12%
__
..
common
*
•
A
*
—
Oil
*
*
(Robt)
„
•
*
133/4
25 ¥2
*
W)
595
13%
23
al33/4
a
1,150
Mar
•
Jun f
Jan
Apr
Feb
37
Feb
Canada
this
'•
f
v
STOCKS—
Jan
■
'
Par
Acme
Glove
Works
Jan
Atlas
Sceels
Ltd-
Fabrics
Jan
Ltd
Shares
,ow
*
Products
class
*
•.
9
Low
•: 9
10 ¥4
0¥t
10 ¥4
♦
B
Range Since January 1
High
a4%
.4%
a4%
9
High
Jun
15
Jun
12%
4% Mar
53/b
Feb
33/4
6¥s
Jan
10 ¥•
May
Jan
"4..• f./.:-L-:
Jan
Bathurst
Power
&
Light
class
B—-•
Brand & Millen Ltd class A
106
Feb
2 ¥4
,
Jan
15 ¥2
Apr
102 ¥2
V1
for Week
•
,r.;.•'*?./v.j.C(r
Jan
Sales
Range
Last
Sale Price
Jan
17%
Week's
of Prices
Thursday
^
Jan
52 ¥2
—*
Brewers & Distillers of Van Ltd
100
5
Brown
f.
,
Burnett
2%
71 ¥2
71
72
>,
Jun
15
Jan
Apr
•
1.15
Jan
151
200
160
May
4
Jan
Jun
103
Jan
4
Jan
100
1 ^
Feb
2 2
71
.
* T.
——
Butterfly Hosiery'Co Ltd
Jun
13
al51
2 ¥4
100
Ltd.
al51
:• 2%
Jun
45c
13
1
Company common
Preferred
Jan
13
;
British Columbia Pulp & Paper pfd_100
4
Jan
17
100
3
Apr
9
Jun
592
183/4
Jun
23
Jan
..135
423/4
Feb
50
Jan
.;
12¥2 Mar
^
10% May
Apr
Canada
'
31
46 ¥2
Canada
Dominion Sugar
Malting Co Ltd
&
20 ¥a
•-*
*
—
;•
43
20 ¥4
43 ¥4
Jan
56%
Jan
Jan
Packers Ltd class
Canada
><«
19 ¥2
Starch
7:
B—
•
common
5
6 ¥2
•
1 20 ¥4
20 ¥4
20%.
100
'■ry —
a69
al71
al71
9
■"
a69
a69
10
*
al.15
al.15
25
.
15
t
15,;
40 .7
a
Ltd
Co
14 ¥b
Jan
50
243/4
Jan
5%
Feb
23 ¥4
Jun
22
Jan
Jun
36
Jan
Jun
58
1%
Apr
19 ¥2
preferred
—
6 ¥2
25
y
660
-
15
,
A
Jun
6 ¥2
.19% Mar V
170
Apr
Jan
22
Jun
70
16 ¥4
8 ¥2
May
Jun
v
178%
Jan
Feb
Jan
Canadian Ingersol Rand Co Ltd
30
1,198
1,990
29
48
73/a
980
7
47
50
46
44
/Jun
;
12%
■■■!•... 593/4
Jan
155/b
Jan
11% Mar
13
19
23
Jun
;
Co
-1
Vickers Ltd
common..
Canadian Western Lumber Co
Jan
v
Cassidy's
Apr
Jan
22 ¥2
14
Jun
29
May
81
Ltd 7%
Food
-
Claude
Mar
al.OQ al.00.
y,
60
9 ¥2
65
66 ¥2
3 ¥»
i-120
111
15
:
,
200
111
.*
A 9 ¥2
3 ¥4
•
1.15
C
1,200
Jun
2.00
Jan
1.25 Mar
Jan
2.00
Jan
11
Jan
9
;
.7 Jun
62
7 Jun
84
3¥« May
4
Apr
116
Mar
Jan
,
Mar
'.'r.
Neon
preferred
Products Ltd
.
.
'
'
100
:
common...*
a30 a30%
26
111
Jun
30
Feb
34
20c
Jun'
60c
54
Jan
'•
General Adv Ltd com—•
20c
20c
110
a58
a60
15
•
2 ¥4
2 ¥2
400
*
26
26
35
14 ¥4
13%
14 ¥4
3,250
1
100
Jan
100
Jan
Jan
Jan
15
al.00
;«}• .9%
2
Preferred
23
al33/4al33/4
;
•
Catelli
12%
Marconi
Canadian Power & Paper Inv common.* ->
5% preferred
• »
Canadian
Jun
May
-13% May
•
<
Canadian
16
2,810
.
Commercial
Consol
9
83/4
9
100
16%
77/b
Jun
16 ¥4
93/4
275
15 ¥4
Jun
22 ¥2
Jan
10 ¥2
Alcohol
Lithograph
^Ltd
Mfg
common
Co Ltd
2¥e
Jun
6
26
Jun
30
Feb
13 ¥2
Jun
18 ¥2
Apr
Jan
163/4
11%
113/4
12
1,075
May
15
Jan
18 ¥2
18 ¥2
183/4
50
17
Feb
20
Mar
575
19
Jun
23 ¥2
Jan
19%
19 ¥2
193/4
\
.—40
50 ¥2
50 ¥2
—100
271
50 ¥2
Jun
27
27
52 ¥4
Apr
100
27
Jun
40
Jan
,
'
Consolidated Paper Corp Ltd
Dominion Engineering Works
•
43
43
25
42
Feb
Dominion Oilcloth & Linoleum
Donnacona Paper Co Ltd
•
36%
36¥4
36%
100
36 ¥2
Jun
•
14 ¥4
14 ¥4
14 ¥4
191
13 ¥2
Jun
20 ¥4
Jan
Eastern Steel Products Ltd
East Kootenay Power 7% pfd
•
534
5%
135
53/4
Jun
7 ¥4
Jan
35
35
40
Ltd
•
100
35
l
v
Apr.
26 ¥2
35%
250
26%
36 ¥»
Jun
July 1 being Dominion Day and a holiday in
compilation is for the week ending Thursday, June 30.
Canadian Industries common
10
143/4
36
Jun
Mar
243/4
Friday
Canada
13% Mar
34
1,171*
'
Apr
630
;
19 ¥4 al9¥4
22%
Jun
38% Jun
16% Feb
al6
v
?,
44
5,210
223/4
8
27
17%
¥2
i
25
42%
23 ¥4
50% May
14 ¥4 May
585'
44
17
25
5
100
41%
¥e
25
:"
25
Jun
25
165
Jan
Montreal Curb Market
NOTE:
Jan
28 ¥4
Jun
Jun
99%
150
29 ¥2
44
__
-
9
29
■
•
•
51
15
14 ¥2:
9
•
*
100
1.75
-.36
203/4
243/4 May
29 % Jun
Feb
28% Feb
(
Jan
27
Jun
13
25 ¥2
19% Mar
22 ¥2
4
1,770.
343/4
.25
;
10
Auto
16% May
7
26
34%
10
—
153/4
Jun
100 ¥4
55
100
14 ¥4
Toronto
25%:'
10
—
17
Jan
19
126
51 v'.
25
pfd
635
1.75
50
Imperial Tobacco of Canada
common_5
of Canada
¥4
101% 102 ¥2
100
.*
20
24
;.
^
14 ¥2
.
13% Jun
60
1.75
50
common
26
25%.
Scotia
Jan
25 ¥4
Jun
Feb /
25
150
*
Jan
167 ¥2
Jun
13%
113/4
660,
29 ¥2
Jan
12
Jan
11%
20
23%
Canadian Funds
103/4 Feb
200
12 ¥4
26
13 V*
1
*
'•
-
243/4 May
26 ¥4 Mar
Jin
165
34 ¥2
173/4
213/4 Mar
25
14
14%
102 ¥2
•
13%
12 ¥4
20
-
'
13 ¥2
20
Nova
23 %
—
Montreal
j; »
26 ¥2 Mar
20%
11%
20
,
23 ¥e
29 ¥2
—
Imperial
Apr
200
16
•
common
Canadienne
Commerce
,
Feb
39 ¥2
36
a33
<
Ltd—.*
Bay Mining & Smelting
Oil
Ltd—...
>,7
24 ¥2
24%
•
i
Montreal Telegraph
i
25
Jun
a95
8 ¥2 Mar
15
t
15%
•
Alabastine
Montreal Tramways
125
Jan
22 ¥2
1,100
42%
17
Corp—
(George)
Royal
a33
.20
-25
100
Hamilton
Locomotive
363% Jun
.
'
t
;
Feb
100
class
23 ¥4
46 ¥2
al67/8
.
Apr
—*
common
Service
23
46 ¥2
;
——100
Cotton
Gooderham
Zellers
i
Jan
Jan
•
Gatlneau
International Bronze 6%
23 %
17
common
7%
Winnipeg Electric
5%
preferred
<
Jan
31 ¥2
•
Corp
,f
Jan
Jun
500
-•
common
preferred
440
com—
—*
Tobacco
Steel
Wilsils
Jan
May
4,165
1
Canada
Bridge
Howard Smith Paper
38 ¥1
Jan
19
•
Electrolux Corp
Famous Players Canada
Corp
pfd
266
38
•
Jan
26%
36%
•
General Steel Wares
5% preferred
72
38 ¥4
•
72
50
—
Walker
Jan
a8%
16%- 17%
100
MacMillan
Jun
*
72
;
preferred
] Tooke'Brothers
:"4
May \
36 %
25
•
Eddy Paper Co class A
preferred
Montreal
Mar
24%
12%
common-.*
preferred
Mitchell
46
60
11%
IT
•
Chemical
Woods
21 ¥2
com—:
Canada-Power"
Co
7%
22 ¥4 Mar
May
50
-
€3%
23%
Export
Massey-Harris
McColl-Frontenac
20
36
_
International Nickel
International Paper
245
A
,
Jan
,8%
common
Dryden Paper
(C
39
:
Red preferred
Lindsay
Steel
22 ¥2 Mar
Jun
;8%
Steel__.
Voting trust certificates
the
Jun
-
.
„•
Stores Ltd
Ltd
35
'
Dominion Steel ft Coal class B.
of
i
Jan
36 %
4% preferred
Indust Acceptance
Jan
22
;
Banks—
__—
Lake
*
Jan
17
26
.
■
Dominion Coal 6% preferred.—
Dominion Dairies common
Public
14 ¥2
Jun
a8%
.25
Distillers Seagrams
Jamaica
Jun
905 —*19
46%
24%
9
Dominion Bridge
Imperial
9%
13
75
.25
__
&
14 ¥»
21 ¥2
*
-'v■•..'■'•yV
•
'
4%
Jun
..* '
19 V*
191/2
•
of
May
9
<Jom
4% prpferrej^X.
Williams 6f Canada
r
Feb
.25
Consolidated Mining &
Smelting-.
&
Jan
17
350
—*
Jan
Cockshutt Plow
Glass
Mills
Sicks Breweries common
Jan
14 ¥4
37 ¥2
Investment.
preferred
22 ¥b
100
10
Southern
98
Jun
..
Hudson
Jun
Flour
Weston
&
Apr
7.10 May
18%
Simpsons 4V2V0 preferred
Jun
__
Dominion Foundries
O CO
97/a
Southam Press Co
12
common
-
Feb
Jan
13%
Paper. 1st. preferred—..99
preferred.
L——
1
United
Canadian Pacific
Railway
A'
5.90
100%
10
.
49
Jan
9 ¥2
33
Canadian Locomotive
Goodyear Tire
Gypsum Lime
96%
Apr
161
a
—
Co
8%
253
Class B
Co
Feb
35
Canadian Ind Alcohol class A
Foundation
Jan
30
35
20
Dominion
26 ¥4
Jun
35
.
?—
;
.
'
Jun
al2%
—.
$1.00 Series
1,300
103 ¥e 103 ¥•
—1
-^—
Standard Chemical common
Canadian Celanese common
$1.75 Series
Labatt
Lawrence
Series
j
27
5
Corp 1st pfd.
preferred
Shawinlgan Water
Jan
19%
common
Canadian Cottons
Canadian Foreign
^-100
St Lawrence
•:
Jan
•
Class A
Tar
3 ¥4
21%
1
a98
Canadian Car &
Foundry common
Dominion
565
85/B
Breweries
Canadian Bronze
$2
2nd
33
50
5% preferred
Dominion
75
28 ¥2
100
Safeway 4%% pfd
Canada Steamship common
Dominion
23
28
;
•
Canada
Powiit~.iyi%'
.i
Lawrence
Sherwin
•
$1.30 preferred
Canadian
•
•
Canada Cement common
Fraser
St
i
Jan
94
Jun;
I
•'
Jan
r>
Jun
70
Jun
2
•
.
St
_
-—100
r.—ygf-
Ltd
.
Feb
Jan
Jan
2 s/B
Apr
May
101 ¥2
2%
•
2nd
British
Oil
-
25
2,430
125
a98 ¥4 a98%
23 %
25
British Columbia Elec Co 4 %£>
pfd
British Columbia Forest Products
7%
preferred
Royalite
Saguenay
♦
Preferred
7%
4%
7
-
May
Apr
Trac
t
Jun
.,
102 ¥2
'
10 ¥2 Mar
16 ¥2
6.50
—
11 ¥4
•
•
—
Jan
18%
-•
common
Transport
Paper
1
.
Apr
1,016
;
Rolland
•
Ltd
Quebec Power
Mar
25
Co
A
Jan
13 ¥2
-100
Co
&
Provincial
Jan
a62
Telephone
Brazilian
•
Jan
23 ¥2
Apr
Power
Bell
_
11 ¥4
Jun
-~
Power Corp of Canada
213/4
A
May
16 ¥2
Jan\
„
Jan
•••" v'
class
10 ¥4
950
500
;:
"#'*
'
.—
Jun
a62
;
'
'
Ltd
25%
10
84
21%
;*
50
18 ¥2
22
----r
1
Maru
18 ¥4
•
Tubes
Jan
*
,
Bathurst
8
54
"X
41
2,096
6¥s
53/B
" Feb
18 ¥2
Light, Heat & Power
preferred
5%
Jan
w—100
-
Corp
•
6
;*
,
Feb
7 ¥2
cominoil
—
Price
Asbestos
42
103/4
—
Jan
Apr
8
300
a25% a25%
*
High
38%
Jan
7 ¥2
__
—ju.—
Ontario Steel Products
Penmans
Amalgamated Electric Corp
Low
'343/4 Mar
40
;
103/4
V
Corp.—
Ltd
Flour Mill3
preferred
Ottawa
Algoma Steel
Car
20
Jan
35
7%
Jan
16
4,885
37.40
Steel
Ogilvle
1,103
3,905'
17
37.40
.—
;_5
5
Noranda
Range Since January 1
High
20
—
preferred
Chemical com
81
770
a43
Range Since January 1
High
35%
a43
Z-25
Drug
Shares
35 ¥4
35 ¥2
Preferred
Sales
for Week
Low
common
preferred
National
Week's
Thursday
STOCKS—
Breweries
Sales
Range
of Prices
Sale Price
Far
this
'
Week's
Last
JS* '
•u
Friday July 1 being Dominion Day and a holiday in
compilation is for the week ending Thursday, June 30.
Monday, July 4, 1949
MARKETS
ENDED JUNE
Montreal Stock Exchange
NOTE:
V'
J.
28
May
48
i
Jan
40
Mar
•
35
Jun
-
i
.(
.
„
Number 4817
"Volume 170
THE
COMMERCIAL
&
CANADIAN
RANGE
Thursday
STOCKS—
Week's
Last
•
Fleet
6%%
red
of Prices
pfd—
Manufacturing Ltd
•>
6%
Freiman Ltd
4%%
(A J)
Lakes
Great
Halifax
Hotel
de
LaSalle
:io
NOTE:
99 %
1.25
Jun
20%
Feb
26
4
295
4
Jun
6
Apr
85
86
30
86
Jun
86
10
166
8yi
25
_
Jun
9 Ya
V:
May
214
Jun
16
15
14
a2»/4
a2»/4
50
2%
49%
49»/4
166
49%
al4
al4
10
13%
9y2
a—
Foundation
8%
Journal Pub Co of
MacLaren
Maxwell
&
Power
Ltd
Melchers
pfd_.-50
conv
*
Ltd
Ottawa
Paper
a
*
Co
35
Ltd
pfd—.._10
6%
12
35
50
6%
150
Minnesoca
_"_ -10'
Ontario
&
Power & Paper
Si.50 preferred
a65c
a65c
2
50c
12%
13%
13
13%
11
250
65%
65%
65
8%
8%
*
--
51%
Jan
Newfoundland
Lt
&
Co
Pr
10
_
15%
*
a4
15%
Agnew-Surpass
Akaitcho
39 V*
18
25
a4
1
*
Service Stores Ltd—*
16
l$t pfd -100
50
pfd—
Corp of Canada 6%
6%
C
N
2nd
part
s
.105
Steel
Aluminium
50
51
51
21%
23%
834.
8%
alG
al6
108
109
43C
43c
—
■
s
20%
Jan
745
25
Jun
38%
Feb
Jun
25
Jan
Jun
103
99
19%
\ 20
99
99
19%
25
7%
77/a
1
265
220
99
7%
70c
70c
800
38%
37
38%
240
35
•
43
4iy2
43
600
40%
pfd
25
25 Vi
25%
25%
275
Mines
1
13c 14 %C
12c
1
9%C lO'/aC
2,100
2,000
9%
Jun
55c
•
,
Ltd
Jan
Jan
Aluminum Co of Canada
Jan
Amalgamated
American
Mar
73V4
Jan
9%
Jun
Jan
Jan,
85c
Apr
56
Jan
Jun
61%
Jan
25% May
26V*
Jan
May
18c
Jan
9c
Jun
20c
Jan
16c
Jun
68c
Jan
May
Larder
Yellowknife
Jan
Anglo
15% May
20% Jan
Apr
Jun
'
15
7
Jun
104
21c
23c
31,600
3.00
3.00
3.20
4,605
8.85
9.00
725
40c
^40c
1,500
4c
4%c
2,000
51/4
Canadian Oil.
18c
5%
185
20c
23c
22,300
Anglo-Huronian
Mar
Rouyn
Mines.
Jun
2.85
5.30 Jan
v:
10% Jan
8.65 Mar
22 %c
42c
Feb
Jun
Jan
20%
Apr
Lead
Apex Consol Resources..
Mar
111
51
Jun
54
Feb
Argus
12%
50
Jun
20
„
22%
Jun
4
.,20.,
16
•
1.10
Feb
16%
16
1,920
100
12%
15% May
106 i
105
u
Jan
17
9% May
May
Anglo
Paul
Power
17
16%
•
Yellowknife
Algoma
Jan
8
8% Mar
100
18
a4
*
High
820
Jan
Anacon
Nova Scotia Light & Power com„
Orange Crush Ltd
w
Low
'
11%
37.35 37.40
14%
May
65
25
-
Range Since January I
High
11
Jan
Acadia-Atlantic class A
Jan
200
65%
-
Low
11
16%
Jan
Jun
12
5
Co—
Corporation Ltd L
Mount Royal Rice Mills Ltd
Shares
common-
Jun
11%
--
this
for Week
1
Abltlbi
Feb
6
•
Paper
Moore
'
Canada
Sales
Range
of Prices
Par
Jan
27/a
Feb
"
Mica of Canada Ltd
in
a
34
6%
4
.r_—
Distilleries
14
Week's
Last
Sale Price
Preferred
Invest
holiday
a
Canadian Fund*
STOCKS—
Jan
13
Apr
and
compilation is for the week ending Thursday, June 30.
Jan
10%
8V4 May
50
a
105
Exchange
Day
Thursday
11
al5
SL2V*
_.
being Dominion
1
Jun
10
Friday July
Jan
4
—■
*
_
Toronto Stock
High
20
11
_
30
Range Since January 1
Low
105
39"
:E1
MARKETS
JUNE
*
305
•
com
Hydro-Electric Secur Corp
i■'.
11,030
♦
Inc
'
1.70
h ~~ I
0L.
Paper Co Ltd com—
Paper Products
•
21%
4
100
pfd
Insurance Co
Hendershot
-
8%
pfd—^ 100
red
'
1.50
1.50
•—
Ford Motor Co of Canada class A.
Foreign Power Sec
Shares
»''■
21%
„
ENDED
1
High
105
WEEK
(39)
/
for Week
Low
.100
LISTED
FOR
Sales
Range
Sale Price
Par
Federal Grain Co
FINANCIAL CHRONICLE
Feb
24 i:
Jun
Arjon Gold
10%
Jan
Jan
Armistice*
AshdownTlardware class A
-10
Apr
Ashley Gold At Oil
-I
Corp
common
3c
May
7%c Jan
..
5%
Jun
/->€%
Jan
8c
Jan
30c
May1
80
'
Jan
-i
Quebec Pulp & Paper 7% red pfd_ -100
Quebec Telephone Cocp class A
Russell
Industries
-«■
Ltd
"
Southern: Canada
Pr
6%
Southmont
Co
Ltd
Invest
——
,
-100
pfd
i
109
,
:
43c
381
■;.vi-50s-
8% Mar i;>
25 '
/.:
•
15
183
.
Jun
'
J108
775-;' vi
"
<
Jun
>
-i
Jan
41c
18%
113
Athona
t448c- Mar
21c
9c n%c
11%
-
■
(103.73
11%
ilK- 255
3%c
3%c
3,000
10c
12c
5,550
60c
Mines
11%
63c
1,700
v
'
Standard
»
Paving. & Materials Ltd-
•;
,
•
Trans-Television
—
*
•
30c
30c
.
Western Grain Co Ltd;
Windsor Hotel Ltd..:
9
—
Wdods
vi
•
-
Jun
Feb
1.00
,12
35
Atlas Steels
•
Aubelle
1
May
1.50 Mar
12% May
a27
Atlantic
Stocks—
J an
••
Base Metals Mining
Corp Ltd.jl_—
Lake.Gold Mines
Bcuscadillac Gold
i'y
i
v" '*
•
Ltdi_—
Aumaaue Gold
Jan
35
4%C
Ltd
Ltd
Explorations
Cadillac
Elder
Mining
Ltd
Co
20Vic Jun
65c
;
El
Gold
Sol
4Vic Jun
3c
-
5c
5c
Mar
25c
Feb
2,000
5c
Jun
39c
Jan
2c
2c
2,000
2c
Jan
3c
Jan
a73c
200
6%c
6 Vic
4,500
:
.
..V5.c--5,%c
5c"
'"710c
LV lOc
5Vic
•.
1,506
a__
—
v
16c
Jun
%<.yl0c
of Toronto
7 Vic
18c
Bell
1,000
39c
May
60Vic
Jan
100
16c
Jun
25c
Feb
38c
38c
,33C
500
1
_____
_
50c
1.65
35c
3.45
Jun
40c
May
Jan
Bobjo
Jan
*
3%c
Jun
78c
5c
2,000
3%c
Jan
42c
29,200
5c
5c
—
1
_
63c
5c
5c
62C
1
Ltd
Ltd
Mines
Mines
Mines Ltd
Ltd___
May
11%C
Jan
10c
Mar
4'/2c Jun
1,000
15c
17c
5,500
14c
5%c
5%c
5%c
1,000
Jun
9%c
25%
26
Jan-
31c
2,000
12 %c 12'Ac
--
-
1
1
_
34c
34c
14 %
13%
Jun
238
9%c
2%c
"
Feb.
1,500
2%c
2%c
31c
Jun
34c
500
26c
32c
23c
Apr
Jun
53c
Hats
class
A
4C
3C
4c
9,500
3c
Jun
6%C
Sc
8%C
9c
4,500
8c
May
45c
__
Ltd
Macdonald Mines Ltd
.1
Fields
Mclntyre-Porcupine
Ltd.
Mines
_
Alger Mines Ltd
Goldvue
New
Louvre
_
__
_
Pitt
Corp
Quebec
of
Mines
Co
Ltd.
__
_
Gold
Santiago
Mines Co
Mines
—
Ltd
Silver
Miller Mines
Gold
Sullivan
Mines
Cons
Tiblemont
Ltd
Jan
Apr
84c
Jan
72c
6,500
7c
Jun
14c
Jan
38c
3.65
.
Feb
Jan
18c
Jun
31c
2c
Jan
4%C
6c
Jun
22c
Jan
1,200
1.72
Jun
3.70
600
1.45
Jun
1.95
4c
Mar
4.10
4'/2C
1,500
4.00
4.00
200
3.30 May
500
3.75 May
200
3.15
Jun
3.35
Jun
Jan
Jun
67c
4%C
Jan
4»/8C
t
i
21c
3,000
-
22c
*1
6c
~~
4c
3,000
4'/bC
.
13c 13 %C
--
_1
-
17c
700
11 %C
Jun
16 %c
500
..
6c
6c
Jun
14c
5 Vic
5Vic
5 Vic
3,000
5Vic Jun
1.60
1.53
1.62
3,300
1.25 May
1
(1944)
35c
35c
22c
22c
1,500
1,000
35c
♦35C
35c
500
1,100
v
35c
Jun
Jan
Jun
53c
44c
1,600
7%c
12C
15,000
2c
|Jay
V
Ltd
1'
85c
82c
Ltd
1
22c
21c
United
Asbestos Corp
1
44C
43c
3,200
74c
Jun
26c
31,000
21c
Jun
50c
53,400
42c
May
2c
——III
2<*
Jan
1.90
Jan
14c
7.50'
1.34 May
73c
Jan
400
1.28
Jan
Jun■
4'Ac
Jan
Jun
15
Feb
3c.
Feb
10c
4%C.
'
—
4c
8%c
6,500
4%c
8%<?"
v
2,000
-
Jan
8%c Jun
16,200.
35c
37c
9.35
Red
50c
1,000
18%
183/4
110
110
4c
4c
18%
s
—
1,208
Apr
173/4 Jun
110
9.50
'
Jun
-
Jun
Jan
20%
''
:--
3c
120
Jun
7%C
,
1,493
22
Mar
24%
110
24
Jun
25%
2%
1,575
11
2%
50
10
250
325
Apr
Apr
Jan
Jan
3
Apr
Jan
13
Jun
5% May
25
Mar ;
Jan
8%
Jan
26 %
Jan
3 %
Mar
Jan
*
Canada
Permanent
—III*
Mortgage
10c
Jun
24c
Jan
1,700
9c
500
5%c
1,800
31
110
12%
25
12%
Jun
73/4
235
6%
Jun
16
6c
31c
34c
3.35
_2,500
9%c
Jan
May
33
Jan
14%
Jan
8%
Jan
20c
-
5%C Jun
16
3.75
lie
Apr
Jun
17%
Jan
Jun
6.60
Jan
4%c Jun
30c
.
8%C Jan
Jun
2.70 Jan
:
Jan
Jan
54c
Jan
i 3.75
Mar
v
\
23/8
2%
23/8
Jun
3%
Apr
22%
223/4
22%
35
22
Jun
26'/a
Jan
27%
273/4
•28
290
27
Jun
30
Feb
160
15
Jun
22
May
155
15%
Jun
15%
Jun
50
Jan
16%
Apr
15
15%
43
43%
V14%
43%
■
15
15%
—
14%
188 188 %
12%
-
200
2%
43
160
:
14%
V'^;175
113
Mar
Jun
187% Mar
192% May
13
117
12
Jun
14 %
34
127
33%
Jun
37% Mar
26%
26%
25
24%
Jan
29
6
6
25
5%
Apr
23 %
23%
23%
596
22%
Feb
24 % May
19%
19%
975
19
Jun
21
15%
15
220
13%
Jun
18
Jan
23%
23%
153/4
23%
Mar
10
10
325
13
13%
190
12%
*
Canadian Bank of Commerce.
34
*
& Cable class B
.—10
Breweries
Canners
'
May
3.05
19%
*
Canadian Bakeries
Canadian
5c
V, 1,500
3.15
Jun
27
1,600
3.25
Jun
8c
1,150
5%c
Jun
1.60
70
4.55
50
Canadian
2
500
16
100
Canada SS Lines common
6
4.25
.
*
—_
12,200
5%C
*
B
12c
1.99
7
common- —10
class
Jan
16
*
Packers
37c
4.25
*
Malting
Jun
6
10
Canada
30c
5%c
1
.—20
Canada
1,000
12%
*
Iron Foundry
Feb
35c
1.73
—
Preferred
37c
30
common
May
10 %c
5%c
common
18c
35C
-
Preferred
200
4,400
2%
„1
...
2%
20c 20 %c
2%
common
*
—20
preferred
*
Canadian Car common
__
20
—
—
:,
10
'
23
9%
13
6%
Jan
May
Feb
Apr
Apr
25
Jun
14%
Jan
Jun
17
Jan
Oil Stocks-
3.10
Anglo-Canadian Oil Co Ltd—
British
Dom
Calgary
Oil
3.20
2,000
.
500
Co
Ltd
Ltd
Gaspe Oil Ventures Ltd
4.55
100
*
6%c
6%C
7c
6,700
1
Corp
Edmonton
&
Homestead
Consol
3.00
20 Vic 20'/2c
Oil & Dev Corp.
1.11
1.10
1.39->
3,700
4.55
*
2.90
Jun
20 %c Jun
3.85 Jun
5c
89 %c
5.30
Jan
36%c
Feb
6.60
Canadian
Celanese
Preferred
Jan
Canadian
Jun
12c
Jan
Canadian
Feb
2.00 May
Class A
_
New
Oil
Co
Pacalta
Oils
Okalta
Oils
Pacific
Petroleums
-
For
13%
8c
Jun
14c
Jaa
200
1.20
Feb
2.60
Apr
1,700
2.10
Feb
3.00
Jan
9.10
9.5QH*
3,493
Ltd————*
; i3c
12c
13m
6,500
-90c
Co
1.25
1.25
1.25^
2.46
2.46
1
Ltd—
see
page
42.
8.50
19%
445
19
Jun
22%
35%
70
35
Jun
39
common.
20%
20%
30
18%
Jun
28%
Jan
4%
43A
1,105
4%
Jun
8%
Jan
8%
8%
50
8%
Jun
13%
Jan
70
70
15
Jun
77
Feb
8%
8%
340
Jun
11%
Jan
Jun
11%
Jan
Jun
79c
Jan
*
»
■
__
-100
—
70
Jan
May
Jan,
9.10
Ltd
footnotes
Jun
*
Ltd
19%
35%
*
Products
__
Preferred
Home
19'A
35%
common
_
Dredge
Food
*
Canadian
Class
B
Indus
Alco
voting
*
83A
*
4
Canadian Malartic
\
"A"
—
•
—
64c
*•
Feb
1.25
23 %
6
12c*
Class A
•'
10
5,000
26%
1
Canada Wire
45c
Feb
8.25 Mar
45c
•
6
1
Bread
May
24%
11
1.80
Cement
26c
2,500
26%
"20C
Flon
Canada
Jan
;; 25c
2%
11
*
—
A
Canada
19%
24%
2%
Lake::
Flin
v
23%
23%
Products
class
Jun
10'Ac Max-
"
600
45c
6
Campbell Red Lake
1st
Jan
261/4
Calmont Oils
Jan
36c
"
Feb
16C
9.00
Feb
6.90
5,000
7.50
I.V.;
1
85c
-
2c
*
Wiltsey-Coghlan Mines
1.30 May
33c
33Ac May
9c
i
Preferred
12c
Mines
Westville Mines Ltd
41c
41% Jan
May
36c
Oil
May
1.38
Mines
Ltd
Jun
42c
44c
Trebor
Vinray Malartic Mines Ltd
35c
Feb
18c
'•'f: 17
14c 15 %c
*
Canada
38%
1.06 May
V
*
Jan
40c
1.30
1
*
2.57
May
1
Ltd—
r
3,707
•
Calgary & Edmonton
Jan,
Jan
B
Callinan
14% May
9.35
•
Caldwell Linen 2nd preferred
Jun
25c ~Mar
:
•
Mines »Ltd
Mines
35c
20c
May
14c
A
A
Calder Bousquet
Feb
3.15
class
class
Burrard
Apr
9c
4.10
T 4.05
Jun
17
Burlington Steel
4.50 Mar
4.10
3.15
11..
;
—
8c
4%c
12%
*
Dominion
Building
Jan
,
Packers
Power
Jan
120
17
*
B
Jan
23
1,300
•
Products
65c
Jun
5%c
—
common
v
17%
5%c
25
Columbia
Buffalo
Jan
1.65
Oil
37% May
105
■
5%c
1
Jan
V
Jan \
Jun
-
-
'V 1,900
15c
Jan
Jun
20c
*
Forest
Buffalo Canadian
Jan
40% 'v
11c
263/4
Jun
Jan
84c
19c
Buffadison Gold
Mar
500
12%
27c
20c
40'A
_
—
25
26,000 v.-
20c
Buffalo Ankerlte
Feb
13,000
2.01
1
Ltd
Goldfields
Amulet
;:A h
Jun
Jun
735%
7,100
40%
1
—
A
Broulan Porcupine
Apr
12%
1.60
Torbrit
Waite
62%
Jun
.—1
Mines Ltd—
Sladen-Malartic Mines
Stadacona
Jan
8.50
-50c
Sherritt-Gordon Mines Ltd
Siscoe
51
American
Class
18 %
__
British Columbia
British
Apr
1.99
4%c
_
Ltd
2.64
1,000
*
__ —
Rochette
Jan
1.65
1
_1
2.12
7c
Colum -1
Development
Quemont Mining Corp Ltd
class
Columbia
Class
18%
12%
t
Jan
3c
•
,
28c
18%
•
Millen
j
25 %c
*
Mines
•
7c
1
Labrador
70c
Jam
Apr
2.00
1
British
14%
7c
-1
Metals
May
V
7c
3C
1
_
6.25
Jun
Jan
24c
7c
23c
*
Ltd
Dredging Ltd
Mining
1,100
7c
1
_
Ltd
Mines &
Gold
Gold
77c
1
Cadallic Gold Mines Ltd
Pioneer
100
77c
19c
115
9.15
1
Ltd.
Mines
Cons Gold
Pend-Oreille
59%
9.15
1
_
1
New Marlon Gold Mines Ltd
Pato
59%
;/
1,000
—
Mines
Mines
Mining
2.50
11%
3,000
0
Dredging Ltd
New
30c
2.45
2.00
5
Ltd
Mining Corp of Canada Ltd
New
29c
1
_
;
Bralorne
British
Jan
Ltd
2.85
800
900
14%
28c
_
Preferred
Jan
.1
Mines
Goldfields
3.80
3.80
1
88c
—1
preferred
Boymar
&
84c
__1
British
Jan
Lingside
Pandora
3.00
285
v
.25
Mines
British
4%c Mar
.1
Gold
-;
<
465 V-
—1
Brewis Red Lake——.
May
_1
O'Brien
7
36- 36%
•
Brazilian Traction Light & Pwr com
Preferred
100
Feb
12%
3c
785
Labrador Mining & Explor Co Ltd
Shore Mines Ltd..
Normetal
12%
Apr
Jan ;
11 %c Jan
4%c Jun
25%
-
•
Gold
Brand
8.75 May
7,500
9.15
31c
-1
_
_
9.00
9.00
1
......
Lake
Nechi Cons
May
17c
•
_
.5
Ltd
.
Joliet-Quebec Mines Ltd
Gold
10c
4,700
-1,550
V,
Bidgood Kirkland Gold
*
1
Hudson-Rand Gold
Malartic
r
Jun
13c
--
Telephone
Biltmore
5,900
Ltd
Bros
Bevcourt
17c
1.90
Ltd
Gold
May
3.30
•
Mining
Power class A
Jan
45c
1.75
Ltd
Cons Gold
HoweyGold Mines
Louvicourt
6c
10
3.20
-10
Co
Beatty
Apr
May
17c
-1
Hollinger
Lake
'>'■
12 %C
Metals
Bathurst
"
Jack
:
1,500
13C
.10
Base
—■
45c
45c
1.86
Mines
Mines
460
7c
3.30
__1
!
Montreal
Barymln
Jan
Mar
8,000
> 10c,
—1
—
v* a—
Consolidated
of
Bank
Mar
8,500
*
■
Ltd.
Formaque Gold Mines
Goldora
18c
-34c
1
Bank
9 Vic May
;
Jan
a73c
1
Ltd
Mines
Gold
May
10%
7c
Jan
9%c Jan
May
9c'
1
""
Eldona
•
50c
-1
Mines
Bankfield
Jan
•
8c
-
6%c
1
*
Mines
Ltd
10%
10%
>
13 %
Jun
3c
'
Gold
Bagamac
Jan
6c
2c
1
-i
Mines Ltd
Mines
65c
5c
Ltd__l
Mines
Ltd
Sullivan Mines
East
Jun
7%c
8c
:_1
Cortez
Gold
5,500
1,000
17%c
•2,000
4c
>
1
Gold Mines
Patricio
Mines
Central
Donalda
4%c
4%c
1
*
Gold
Consol
Dulama
12,000
>
Cartier-Malartic
Cournor
23c
26c
.
26c »;
1
Mines Ltd
Candego Gold Mines
Central
20c
>
Bouzan Gold Mines Ltd—'V—_1—_i
.
Mines
10% Mar
V: v
Anaoon-Lead Mines
Bob's
Oil
14%c Jan
Jan
■wil6
Aunor
Mining
J
10% May
65c
Jan
30c
1,000
al3
a27
8 *
.
1,500
1.00*
a!3
al3
-•',75
.
30c
V :»1.00
'■
^
■
9
3,500 ;
83A
8%
100
62c
64C
4,150
8%
83A
55c
1
40
(40)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, July 4, i949
mi*
CANADIAN
RANGE
LISTED
FOR
WEEK
ENDED
•
Thursday
,
!1 ?,'•■,
(
Sale Price
Canadian
5%
Oil Cos
common-.-—-
Utilities
Canadian
Cariboo
Gold
Leduc
Central
—
Chemical
.
'12%
Wines
60c
16 Vic
15%c
9
Cheskirk Mines
1
1
Mines
\
;
'
1.40 Jun
65c
May
14
6,000
Hard
Jan
1.65
Jan
1.45
Jan
•
Rock
22c
Heath
Apr
41c
May
98c
Mar
7,000
4c
May
10c
Jan
Hclhnger
4%c
2.30
2.25
4'/2c
■
2.35,
4,775
2.18
,
Jun
2.85
Feb
Citralam
'
Coastal
1
Malar tic
Oils
Cocnenour
2%c
2%c
3 Vic
25c
25c
2.45
2.60
V
Willans
1
2.60
4,000
.....
2y4c
Jun
24c
Jun
2.00
Jan
500
6,650
5%c
Jan
2.73
Apr
High
4c. I
^19c
40c
9%
39c
A;'v> i
'
22cr
22c
•
-
Feb
15c
•
__i
Highridge Mining
Mfg class B
Homer
55c
;
»
55c-
8c
8c
-,v'
Plow
*
v.;
11%
---*
1.00
Consolidated Astoria
1
12 %c
Consolidated
*
Mines
Bakeries
Beattie
Mines
2
,'52c
Jun
5,800
40c
Jan
1.10
Apr
9.00
8.85
18c
15c
18c
__l
30c
29%c
30c
*
43
>
Consol
4%
5
Yellowknife
Gold
*
1
Mines
Jan
64c
Jan
Jun
Hudson Bay
Mining <k Smelting
Hugh
Malartic
Hunts
Ltd
Huron A Erie
20%
1
class
4%*
1
Consolidated
•
Homestead Oil
49c
49c
52c,
2,667
42c
Apr
6c
6c y
1,000
5V2c
Jun
1 Nf
65c
paid
i
common
5,
83%
85
v
-100
85
,
1,050
v
150 150%.
81
43
Jun
4c'
"*'•
Exploration
Cosmo? Imperial Mills.
Craig Bit common
Crestaurum
Croinor
Mines
100
;
D/.ragon Mines
ivr*
15
5%
5%
17c;
50c
*
4%
Jan
15^y3 Jan
100
;
4
•'
.
f
38%
2c
Jun
7,500
-
>
-
1,000
17%
13%
25
Oils
Denison
6%c/
"
Mines.
1
International
Jan
Feb
10 %c
4%c
2,500
■Jan«
4c
.
12c.
Jun
15c
Jun
43c
Jan
10c
Jun
33c
Jan
4%c,
3,500
3c
-
Waite
22c
22c
24c
•>
1
33c
30c 34%c
•
Jan
Mar
22c
24c
15,500
20c
,Jun
32c-
Jan
16%
17%
1,420
18%
Jan
Kirkland
19%
Apr
preferred-
Kirkland-Hudson
Kelore
19%
19%
18%
35,
23
a;
'
19
18%.
845
15%
Jan
" 175
23
,
:
24%
Feb V
17
Jun
25
40
18%
Mines
;
22%
Lake
?
Invest
9%
25
-
common—1
3%
3%
41
41%
*
•8
30
50
110
-
Coal
9%
—
class B-——25
13%
14%
15%
24%
24
24%
Jun
3Vz
:
Jan'
(John)
1.33
Jan
Jan:
14%
Jun
5
46
Lake
Lingman
i;. Dominion
Tar & Chemical
Dominion Textile
(
Dominion
24
common
1——
45c
——
Ltd
37c
'■> 15C
6%c
East
Crest
Leduc
Oil
Malartic Mines
8ullivan
:
2.25
1.1
,
Mines
Eastern Steel
—.
■
.
.
<
•
,
1
—
Nickel
Mines
;
A
;
preferred—
Lll
I
preferred
.1
•
1
common
Grandoro Mines
Great Lakes Paper
preferred
13,025
30c
Jun
41c
Jan
41c
Jun
77c
99%
Macfie
103
Rod
110
99
Jun
116
Jan
4%c
4%c
Macho
Jan
MacLeoa-Cockshutt
Jun
4.50
1.35
20%
7c
Jun
7c
May
97:
30.
87
87
10
1.97
Jun
2%d Feb
26
98%
90
Jun
20
100%
350
1.55
Jun
18%
100
2.90
Jun
1.80
,
30
.
30
.
Jan
2%
Apr
Export
class A—
Class B
25
99% May
102
Mar
30c
4,400
29c
Jun
56c
500
9c
Jun
16c
5c
Jun
9c
Jan
21
21
11,750
5,500
10 v
36
-
•
36
'
14%
-
-
36 f
1
16c
7c
♦
.
19
Jun
Jan
May
5%c
Jan
12c
Jan
Jun
15% Mar
•,53c
Jun
86c
Jan
95c
7c
67c
64c
67c
2,700
27
27%
185
27 %
27Vi
125
9%c
9%c
r
6.450
Mry
1.20
Jan
500;
7c
;
Jan
55c
May
'
12c
Feb
1.08
Jan
27
Jun
31%
Jan
27%
Feb
29
Jan
14c
15c
1.000
15c
16c
2.10
4.000
29c
6c
__
6c
18c *
87c
1.03
9
8%
1
1.90
170
15%c
940
10
5
9%
36
103
Jun
17 %c
Jun
Jun
Jan
%
Jan
*
16
~
2.53
Apr
74c
Jan
5c
Jun
13 %c
Jan
15c
.
Jun
34c
Jan
Jun
i'--
Jun
350
"?•
7,900
2.40
Jan
3.10
Apr
10
91%
Jun
92 V2
May
1
2.49
2.31
2.50
13,200
2.02
Apr
1
3%c
3%c.
3%'C
Massey-Harris
•
16%
16%
16%
•
11%
Malartic
Gold
Fields
common
common
?
:
11%
12
10c
10c J
62
59%
1,247
-—5
,"
Gold
1
Milton
Brick
0
♦
Model
6%c
...
*
1
Oils
Jun
15 Va
Jan
17 %c
Feb
t:
Moneta
Moore
Porcupine
1
%
.
19%
Drug
Hosiery cl^ss B
Jan
Nalional
Petroleum
Apr
National
Steel
Apr
Neilson
Jan
New
New
Bidlamaque
Calumet
N"w
Jun
100
14
Jun
;
;•-•
£0 y2. Jan
62% May
6c
Feb
12c
Jun
7v2c Mar
1.10
1.200
1.00 May
1.040
,
29c
.
40c
8.35
1.55
29c
3,500
37c
Jun
—5
17
Jan
New
Car
Jun
Mines
(Wml
Goldvue
Jason
60c
>
Jan
2->V2
Jan
Jan
>
...:.175
61%
Jun
73%
25% ;
..165
25%
Apr:
27%
Feb
10%
10%
200
11%
Feb
16%
16%
100
28c
J 30c
7,000
:
27c
Jun
47c
Jan
18-
19
395
.;
16%
Jun
23%
Jan
64%
10%
*
.
,
,
10
-
Mar
15 Va Mar
17
--
-25C
30c
i
_•
18%
*
preferred
Jan
Jan
25%
*
"_T
IlOO
,
Zi
2.24
102%
4c
98c
2.14
2.24
60c
£
101 % 102%
3%C
,
95c
52c
80
-
-
1.000
»
'
10.500
2.000
24.565
1.95 May
100
6yac
13.500
!
4c
1.00
60c
3.010
>*"*
7%c
23 %c 23 %c
1
—1
May
-
7%c
Mines
Jan
48c
Jun
18%
830
20Va
•;. 65
Apr
12
May
500
;
45c ;
19%
;
65
Alger
New
Jun
6c
v>-
3Vac
Apr
Jan
16c
9,250
preferred
1 40
25c
500
'■
0
25
;
National
17y2c Mar
»
..
Jun
1,500
9.50
2?c
—
0
common
National
Jan
8c
Corp
Preferred
65c
Jun
**
•10c
6,000
1.05
—
Jan
5c
9.10
„
22%
6%c r
4c
9.50
Feb
Jun
.....
::"5oo
62 f ; /,.... 415
.
6c
10 Va
485
2.69
Jun
15%
".
Jan
3c
500
.
—
*
Mid-Continent Oil
80c
16c
Jan
Jan
2.75
129
Jun
35c
7%
91%
May
1.200
10
Jun
Jan
2.65
Negus
45c
1.20
91%
13
.
9*/2 Mar
126
Jun
May
Feb
Feb
1,000
Jun
Jan
77c
3,500
9
Jan
15c
16c
21c
II,900
6%
6
45c
Jan
Jun
8c
5.000
15c
*
;;
6.400 *
18c
Jun
10Vac
5,300
2.04
2.10
8c
8.200
•
13c
May >
3,917
14%
Jan
22
-
14%
3.15
9 %c
20
-
;
Jun
Jun
Jun
30
r
2.45
/
13
2,200
*
1.03
Mining Corp
Van
Mav
50c
7c
Apr
%evJan
20
123
16c
-
3c
17%
/
9%
38V4C 38 %c
3 %c
.
>115
1
Apr
11c
74
'
10
-
1.55
50
;
50c
50c
6.40
Jun
9%
38 %c
•
90
128
—1
Jan
30
.
21
9%
•
4.75
175
..
15%cl5%c
-
Jun
2.74
preferred
Montreal Locomotive
19
Feb
23
5%c Mar
,
Jan
13,000
.
90
Apr
-.
91%
Corp
McLellan
90
15
Jan
Jan
148c
•
16% Mar
■
Jan
90
Jun
1.45
64c
.
Jan
Apr.
——100
Mailman
—
May
3%c
2.00
200
-
62c
•
McColl-Frontenac
8c
_-l
page
2.10
27 %c
•
1
Mines
McDougall-Segur
Mclntyre Porcupine
40c
3%c
Apr
100
17%
1
Jan
500
-.103
see
I
Gold
Jun
3,950
•
Alabastine—
MacMillan
Lake
15%
9c
3,435
;
21%
23*
1.15
I
18%
Jun
49c
1.65
Jan
1.05
__
*
1
Mines
16% Mar
9c
1.57
-
Jan
Jun
.
Jan
5c
"
34c
1.10
106% Mar
47c
-
—
Mine?
13
..
.
Jan
49c
•
23%
V6.50
;
2%c Jun
10%
14%
May
5.65
6c
Jun
„.65c- May
-
50u
Feb
5.90
5c
Jan
Martin-McNeely
Jun
1.75
100
'* Jan
11c
May
86
1.75
IOV2C 10%C
.
2,700
9%c
•
Maosen Red Lake Gold Mines!-.
97
"
1,100
-
101% 102 Va
5%C
1.67
2.85 May
-
2,212
7c-
—
1.75
15 %c
;
footnotes
May
447
97
1
&
4c
2,500
.
1.90
19
Lake
Lime
3.10
1,300
*
97
•
—r
Mines
21%
1.90
B
—
;•
1
River
1,000
5.90
"■ 19
I,000
61c
'
1
100
13%
Jun
30c
__
;
1
MacDonald
18%
1.19
2,750
4%c "
.
A
Gold
Macassa
_—
_i
class
Yellowknife
Jan
100
Jan
Apr
6'4c
Jan
18%
10c
95c
7c
•
:
Goldfields
Jan
13%
Jun
Jan
14%
:
l'; V
B
16
V
3c
Wzt
•
Groceterias
Class
37
13%
Jan
Apr
Jan
Jun
102 Va
Jan
41c
15,800
35c
2.10
1
Jun
1.70
23c
16%
May
!•:;
27
Ltd-
:
13%
7%c
Jan
;;
6%c
*
Lac
31%
•
Gunnar Gold
For
Long
155
3%C
common.
Mines
ly,' Gypsum
Little
150
21
Jan
14c
Jan
1,075
1.60
......
Trust
Guayana
Gwillim
Jan
17
3.50
Saddlery_.'_;
Gi%anty
'
Feb
7%
Jun
Jun
14%
—
..
3.45
Jun
5%
32%
1
Mines
Mines
32%
1.65
14 V*
". 3,000
34c
17%
—_1
—
14%
100
i
:
—
32%
100
*
2.10
__
Gold
Lunward
1
...
Mackay class
Grafton & Co class A
1
Gold
Lynx
—1
Manitou
Lead
1.62
13%
f;
29c
Gordon
Gulf
Leitch
Lexindin
Jan
Gold.
Gold
A
Apr
Jan
7%c
54c
«. {
60c
-1
West
2.70
Majfj
12C
21
10c
2,835
14%-
23
__
•
Leduc-West Oil
Jun
♦
Arrow
Class
Jan
May
„1
Lake
Goodyear Tire
Great
;
"
3
4c
7 VeC
'
13%
*
Secord
27c
*
Jun
%
*
74icr
-
35c'
1
3,700
3.30
67c
•
^14y8
* '
common..
Lapaska Mines
5,000
3.50
Jun
4V2c
Jan
38c
221,300
64c
26c
'
"
Mill
Mines
Lang & Sons
Lapa Cadillac
5c
100
Oil
Goldora
300
Luz
the Woods
35c
•
—
'
of
4c
—100
Gillies Lake
.
Lake
34c
•
—-.x_;
Giant Yellowknife Gold Mines*.*..
Golden
50c
•
class
Gold
Jl
preferred
Exploration
Goldcrest
10%c
Jun
1.83
10,
33c 37 %c
—1
General Steel Wares
common—j
General Steel Wares preferred
Golden
Jan
Jun
r.-';
'••>
•>
Jun
Jun
Feb
17c '
6c
8,850
12,200
5%
Apr
27c
15%cMar
40
3.85 3%cr
,
32c
1
4c
.100
General Products
Mfg class A—
f
Feb
25c
?.:*
19c
>
■
13% <
.
70c
1
Laura
1,500
.
Mines
34 y4c
1
preferred
Gatineau Power 5%
General Bakeries
^
13%
•
.
(A
1
65%c
May
^
2,600
' it w
.
6%c
1,000
1.9
3%c
1
Mining
La
Feb
Jan
3%c
Jun
Jan
Jun
1.90
19c
6,000
'
>
•■m
1
2:
Wasa
1
»
_
Mfg
Motor
God's
May
'
Grain
Cos
;
Jan
5%c
'
7,970
68c
1.34
3.50
3%c
-
■
.
Shore
1
—
Kirkland
Globe
12
'13%
Jun
5c
"
3.75
—1
—
Lake
Louvlcourt
Federal
Frobisher
15c
6,500
Apr
•
Loblaw
Federal
Fraser
Jun»...
35c
2.25 V.
.
62c
Players
Freiman
"
37c
Corp
Francoeur
»
5%
.
Falconbridge
Fnrd
•
1.75
13%
.20
Gold
Sol Gold
Fleet
f
1.86
*
1
-.1
Fanny Farmer Candy Shops
>.
!
—
Eddy Paper class A
Elder Mines
»
25 %
..;
11% May
36.300
"
6c
2.15
1.
Famous
10%
^11,200
18c-
19c 19'/2c
East
Eureka
Jan
35
6%^
6c
Oil—
East
El
20
/
East
Eldona
17% "Jan
Jan
52c
24% May
305
-
47c-
15c
6%C
.
Duvay Gold Mines
,(
11%
Jun J
Feb
100
12%
13%
21%
13
l%c
Jan
660
.
.
24
12%
12 %
Gold Mines
■>,
11
Woollens
Donalda Mines
Dulama
common..
1,365 J.
*
Jun
"
1,
Lake
Dominion Stores
•
.
r
1.22
'19
__
;
Dufault
Jan
4%c Mar
i.2io
...
4%c
67c
"
*
......
....
Lake
Feb
36
May
9,000
16%*;
4c
68c
1
Ltd
Laguerre Gold
101%
Jun
:f'
9c
8,150
10c 12%c
15%
4%c
1
....
Labrador Mining & Exploration
Jun
41
He
16%
1,
'
Labatt
Mar-
27%
'•
•-
;
22
Jun
"
•
Jan
'
.
w—
Gate
4%C
__
1.
Golden
.
Scottish
l
20% Mar
Apr
"290
23
26
,
Feb
Jan
Jun
3%c May
'
Jan
9
*-•'/• i-•
Kayrand Mining
Kirkland
25
•
Inv preferred
Dominion Steel &
:
Ken-Addison
•
Dominion
Mines
46c
26
7
h
4.009
Quebec
7%c
54c
Jun
22c
8,200
5c"
Joliet
15c
18%
"i
-
2,036
___1
May
Jun
99% Mar
500
2c
May
25%
10c
7%
29
1,000
1,000
5%c
May
,i
*
Jan
3c
;
30c
472
•
2c
5c
Jun
-
5%c
Gold
Jan
Jan
2c
Joburke
19%
'
I
27c
14%
Feb
jun
1
5,200
*;•
16%
13,600
T '
4%c
;
Apr
14%
Mines
6.5C0
19
30c
10c
29%
100
7%V
;
•
Feb
1,796
...
1
Feb
27%
Jan
25%
■•
k
4'/8C
22
13% Mar
*
24c
__
7% May
-
117
24%
100
7%
C
'
Jan
>"
29"% '
29%
^
Jan
6c
■
Consolidated
6c
10
Dominion Magnesium
.•
•
Mining
43c
•
Apr
57
Jun
500
25%c
l
^
•
40c
17%
-
7%
Gold
Jellicoe
1.65 May
10 %c Jan
May
38c
Jun
530
39c %
: 29%
Feb
" 1.20
200 "
Jun
75
7%r;-
100
•'
Jan
16c
8,000
Feb
500
7%
„
iOO
common
'1;
Jacknife
5%c
Yellowknife
Dominion Coal
Co
Apr
52
5%c
500
1.45
4c
preferred
'
61c
45% Mar
Feb
32c
May
-
r
1,170
• -
39c
Petroleum
30c
1
:
X-7 Dominion Dairies preferred—.
Dominion Foundry & Steel
r--".
$ Ji
Nickel
Feb
.1
Lakei.^.
Dominion Bank
v
*50
7c 1
1.45
Distillers Seagrams
Dome Mines Ltd—
<
40c
1,100
17 %c 17 %c
13%C
Lake—
Red
Discovery
'
Metals
6
International Uranium
56c..
t
Jan
11 %c
•-
6% Mar
5,409
13% s
25%
4c
'.'
l
international
Jan
Jun
16c
-
'20%
210
17%
13%'
„
6
...
International
1.45
Jack
6%C
,
Ltd
Nickel
Red
I-v' Dexter
\
1,200
Jun
110
'
4J4
29 *
16%
>
20
20% ' *
2^%
„
1
25
112
20%
29
ordinary_5
of Canada
preferred
15% May
Jun
5%
12%
Jun
27c
4
Jan
10%c May.
5% Mar
8.75 May
4c
7
„
*
Jan
Jun
14
85
65c
Mar
'
i
•-'
Jun
Mar
14c
3c
112
—
20%
10
Inglis (John) & Co.—
Inspiration Mining
J-M
Decalta
r-t
76c
100
48';". "43/'
Delnite Mines
Detta
151
50c
*
;
2,900
15
,f
.—I
Petroleum
85c
17C
1
—
81c
5%
..
*
1
Pershing
Da vies
85c
*
'
—;
| V , Crow's Nest Coal
j"*
01
Feb
Jan
1,000
7
^
W; Conwest
Jan
59c
21,200
3c
Jan
183
148% Mar
0
9c
•
13 V2c
6c
75
__
.__>_l00v
Indian Lake
Consolidated Mining & Smelting
Consumers Gas i
Jun
Apr
52c-
25
43
'
_—
Imperial Bank
Imperial
Oil
Imperial Tobacco
Jan
12c
,
Jan
-
May
4,175
42%
A
—
Consolidated Duquesne
Jan
83c
6c
7,500
9.20
4c
i
Howey Gold
Feb
"i
■
■
38c)
10%
9%c May
7% Jun
173
48c
'•
,9'/4
14%
May
85c
2,635
8,010
8%
50c
11
343
-
1.00
11%C 12 %C*
v
Consolidated
11%
97c
%c Jan
24
•12—
21c
'
'
Coniaurum
•
Jun
6c
Feb
14% Mar
.
-
y'
500
8%c
'
Cockshutt
Mar
'35c
3,500
.
<-7%c
>
>9%' Jun
•
50 %
1,500 V1-
8c'
'
\'i
High
Jun:
13
1,000
22c
"•
,
1'J4c.
25
4,500
7c 1
7%c
„
,v'._
Low
.-• •'
M5,670%
40c
v
■
'
Range Since January I
»
1.0GO
-
9%t- MM
7c
:
i.;r
4c '-
:
,•••,.
'■'.:;*'
■
13%*;
-21c
I
—
Mines
Sales
Jan
36c
-
Shares
Low
,
._l
Holden
Jan
HoSco
1
*
Highland-Bell
10
1,550
10
for Week
k
9,
4 % c,
.
1'
1
.■
Hediey Mascot
48'
Jan
Week's
Range
of Prices
i—
Gold
9
8
'
...
13%
Gold Mines
Heva Gold
Jun
\
'
;y.>::r;
Li.':;/';'*/-
Harding Carpets
Hasaga Gold
1.74 Apr
May^
<3
>
Jan
Feb
1.50
56c
8,300
16%C,
17%
102
f
■
Par
,
Halcrow Swayze
Hamilton Cottoh
Feb
47
50c
Chesterrille
1.200
72 %C81c
*
Jun
1.14 Jun
,i
Feb
101
Jun
99%
...8,900
62c
15%
11%
65 f
200
1.46 r
1.42
•
80c
—
—
3,957
100
1
.1
Researcn
12%
1.19
52c
-
30
'J;;1'.
V<.';I,--"Thursday
'/Last
Sale Price
High \r,
Jun
1.19
1.46
-V'
Jan
99Va
—
M»ne3±-x~
Low
97%
-iii
;,"f
•
STOCKS—
Range Since January 1
;
12V4
-" 1.19
.
Gold
Shares
13;. ivv*;;;;65
12%
.
•■'
/
98
97'/a
—
3D
'
High
.13
t"'
v——
L-100 iV./
preferred-*--*
Porcupine
Chateau-Gai
i
—.1
Oil
Patricia
Central
!■
JUNE
"•>/•.•■••'. -../•:
Sales
of Prices
Low
25
—
Castle-Trethewey
Central
*'
-100
preferred
Canadian Pacific Railway
.)
*
••
for Week
Range.
Par'
^
Week's
Last
STOCKS—
MARKETS
3 y»c
"
r
'*'
84c
22c
47e
May
15c
Jun
Jun
Jun
May
2.63
104
Jun
Apr
Feb
Feb
9c
j.
Jan
2.75
Jan
31c
Mar
75c
Feb
42.
*
7*
Volume 170
Number 4817
.
THE
COMMERCIAL
&
CANADIAN
RANGE
;
STOCKS—
,
'/*
New
Marlon
New
Thursday
A' \r
'
y
Norzone
New
1
PacaltA
New Rouvn.
Oils
'
•
„_r.
1
...
High
6c
13'Ac
>5c.
.
Low
'•
:
v
'
£
14,729
.
~
Nib- Yellowknife
^ Nicholson
Nijlissing
,
"
,
10c 10'Ac
—
,
•
"'fr:
'''
•*'
<
.
Mining
Goid
•
■'*
' '
.••54c
90c
54 'A
1,415
48 A
2,000
8c
Jun
■■
1.90
4c
60090c
•r
«c
-Jan
Jun
I South
L
-Northern
North
Mines
1
2.04
' ,*6c
-Canada
Inca
5c
19,050
*
'
Gold
25c
45c
25c
Mines
1.15
Jun
A SE34 Jan
Jan
,20c
3.75
Mines
25c
6,500
A
13 Ac
North Star Oil
"•
'
•'
*'
■
3 Ac May
-
Gold
Mines
Jun,.
5,600
22c
Jun
»
oils
Omega
Gold
18c
•
:
5c
3,000
13c
7,500
7A
7A
Standard
:
1.30
..
40c
...
33A Feb
10c
125 7
..
.
1
1.64
4-
*
-
.
1.25
#
Mines
Mines
3,580
Paymaster
Sterling
Sullivan
Apr
May
'.,3 ,9%
Jun
Cons
X /I
t
Ltd
Oil
Consol
"
Gold
53c
~
Jun
634c
'
500
6c
■
Jun
45c
•
May
Jan
,
Jan
Gold
/
■
••:
!
7c
Jun
Toronto
Jan
Traders Finance class A
3.05
Jan
Transcontinental
2,817
96c
May
1.40
Apr
Tuckett
133Ac
13c 133Ac
4,600
9c
Jun
24'Ac
Apr
Union
Gas"'
32c
33c
2,600
30c
Jun
42'Ac
Jan
Union
6c
9,500
5c
Jun
12c
Jan
C4c
64c
700
55c
Jun
89c
Jan
17,600
7c
36'A
Jan
/
,
'
.
v
•
'
;
■>.%.•• ■;1
45'A May
B
1
lOc
1
1.98
1.95
i:>
3.35
3.15
Crow
Gold Mines
Pioneer Gold
::,7
Tobacco
1
Porcupine
1
Gold
3,500
1.71
3.35
River
4'Ac
20c
1,430
•
35'A
Rouyn
Common
Power
Gold
1
trust
voting
ctfs
70c
Jun
2.34
Jan
Jan
United
Metals
J
Mills
.'
Labrador
Jun
57c
Jun
13 A
12%
Jun
16%
Jan
55
35
50'A
Jan
57A
Jan
9'A
Jun
12 7A
260
1
1.30 May
80c
3,800
46 Ac Mar
6'A
242
6'A May
43
May
45s
Jap
67c
1.73
Roxana
Co
preferred
Jun
Jun
40c
May
62c
Jan
11
May
17
Jan
1.85
70c
2,300
4c
4c
500
2.00
5Ac
5Ac
500
He 11'Ac
11,500
*
.3'
25
'
;H \
1.04
Apr
1.45
Ju
Jan
Jan
1.18 May
3c
200
Jun
Jan
160
70
10'A
480
2,000
10%
8'Ac
9c
27%
28
18%
19
125
48%
48%
48%
18'A
18'A
1.35
~
90
18%
160
Jun
8%
Jun
160
Jan
10%
8'Ac May
Apr
14c
Jan
30%
Jan
27%
Jun
18%
Jun
24'/e' Jan
85
47
Jun
52
Feb
90
17
Jan
18'A
Jun
,
•
50
-
25 •*
Keno
Hill
•
j.?0
7 5%
5%
5%
1
l^ines
1.22
•
Steel
1.30
1.30
1.35
4.30
•
4.30
.«
-1
20
Jun
2.94
Jan
Jun
7%
Jan
1.10 May
1.82
Jan
640
.Ton
5%
4.40
1,175
6c
2,962
6c
Jun
7.75
6c
'
1.22
2,025
5,400
3,460
b.uO
May
15'A
Feb
3,225
23%
Jun
28A
Jan
35'A
-
7.45
26
4.00
~
267A
Jun
9'Ac Mar
Walker
e
(Hiram)
Westecl
Products
(G
& W)
5c
6c
Jun
Mar
Cc
*
25c
1,600
May
6.40
950
24%
*
2,570
?8A
20
_•
38'A
125
22%
22%
100
31
*
•.•Preferred
31
70
._•
Feb
40
22
Apr
25
29'A
Jun
35
Feb
25
Apr
May
*•"
May
'
(George)
22
22
22
^.100
91
91
91
1
"■ 8%c
8c
9c
9,000
6c
2,500
;
common..,
Larder
Wlngait Gold
1
^
■.'«L
,6c
•
5'Ac
80
5'Ac
Mines
1
Bear
Ymir
Yankee
Knitting
Mines
class
B—
100'A
f
Jan
11c
Jan
5'Ac May
5c
Jan
;37c
11'Ac
Jan
'Feb
37'A
Apr
2.00 May
2.52
Apr
May.
:
27
3,815
32c
__
•
May
35c
4,400
18c
Jan
48c
i 65c
._
*
Jun
7c
69c
3,180
61C
Jun
84 A May
4VeC- 4'Ac
34c
1
Girl
Mar
90'A
1,000
1,111
Winnipeg Electric common
*
32'A1
31%
32'A
Wright-Hargreaves
•
2.20
2.10
2.23
"c
:■:•;
:
;■■■ ■■
Yellowknife
35
'
,
*21
-
1,000
4c
Jun
6c
1%
Jun
3
Mar
Canada
this
2'A
2 A
100
2'A
May
Feb
Jan
Apr
8c
Jan
13c
Feb
Apr
50c
Jun
5.85
7
18'Ac May
Jun
'
*'
Jan
2.50
May
9c
500'
-25 'A
3.75
,
2.00 Jun
6.55*
—25
6.40
•
6c
26c.26Ac
26c
>
Feb
17c
6c
•
17'A
-
10'A
1
46c
2.00
10 '
,^rr
35c
l160
160
*
53 A
'
Oils
25c
27%
class A
York
Royal Bank
Royalite Oil
25c
1
Winchester
3,200
1.75
__
May
Jan
3,700
1,900
5'Ac
65c
9-72
51c
1.09
1
Jun
Wiltsey-Coghlan
23c
10
1.00
1-
25c
Jun
80c
50c
_
__
73c
Apr
1,400
Apr
22c
;
1.08
-I--
90c
Weston
45
1
Gold
Mar
20
Feb
17
Jan
45
905
Long -LacLu*
20.
Jun
55c
215
Jan
1.02
90c
6,525
*
2,100
Gold
Jun
140
3,300
267/s
65c
1,600
45c
Rochette
Jan
May
62c
•
1,300
73 475
13%
Roche
12
.' 47c
May
17'A
6c
43c
Reno
10% May
29c
17A
7.75
€'A
1
Feb
1.35 May
Jun
168
17
•
3 3'A
Mines
12c
Jun
Jun
156'A May
17'A
1
45c
Renabie
Apr
May
) 58c
•
74c
__
3.30
62c
Mines
55
1.85
28 y4 May
22c
'
Amulet
80c
1
7c
69c
Mar
26
Apr
Toronto Stock
NOTE:
Exchango-Curb Section
July 1 being Dominion Day and a holiday in
compilation is for the week ending Thursday, June 30.
Friday
7.10 May
■
Roybar Chibougamau
Rupununi Mines
Russell
'
*
1
19c
18'Ac
5c
4%c
13,600
20c
9c
Feb
3c
Jun
v
26'Ac May
■
,
Canadian Funds
;
.
.
"
_1
:
Industries .common-
•
Saguenay Power preferred
100
-
102'A
5c
.
16
••
-3,000
.
•*
16
•'
165'
14%
8
102'A 102'A
10c
Jan
103'A
101'A Mar
Week's
Apr
STOCKS—
Last
'/
Sale Price
-
St Lawrence
Corp 2nd pfd
St Lawrence Paper 2nd pfd
Ban
(new)
(new)
Antonio GalcL.
Sannorm
Senator
l-„
1
—-
Mines
—,
W^ter &.Power
Shawkey
Mines
6ick.'s
v>
7'
3.90
4.20
13c
1
39 Ac
•
12 Ac
3,700
/.
Silanco
7c
23y«
13c
46'A
" 16c
1.Q6
1.06
1.50
1.65
16%
:
17
~
6A
Y.
v:l
*..,■.
Bilveiwood'Dalriesrclass A.
1
*
V Class B
Preferred
;
.
8'A
;
—•
;
-
»
100
_—
34C:
r, «.
c7vj
..'A Simpson's Ltd .class A
v.'.Class B
-
;
7-
40Ac
.1
~LZ.
i
.
.—i
243A
7
22A.
94
•
.
37c
33o
8%
-r
.
'
-22
May
Jan
Jun
25
May
48
Jan
20c
Jan
Apr
Jun
1.60
Jun
2.59
Jan
15% Mar
18% May
15%
155.
18
Feb
May
.31c
JUn
7,100
32c
Jun
375.
7
.
125
198
7
..
7
.
65c
:
5%
9A
7'A
Apr
A 24'A J tin 7
21'A
Jun
C 65
93 '7
Jun
Apr
48 Ac Mar
8'A Apr :
75
22A
94
Co
*
30 '
Jan
Feb
-Jan
26'A
*
Jan
99A
Jan
Range Since January 1
Low
High
Preferred
t
20
common
145
2%
350
2
..12
/
20
20 A,
19%'* 19 A
;
A
5
70%
71
Canada and Dominion Sugar
151
2'A
2%
zl00
—,
151
„
i
common
Canadian Industries
Vickers
Canadian
Western
Consolidated
-60
common
^3'/4
Foothills
13%
14'A
30c
26c
30c
I
High
i
-
Preferred
Minnesota & Ontario
Niagara
Price
Wire
Paper
Weaving
Bros
————
Temiskaming
•
jL.--i.v~* '
:
Oreille
Mining
-1
•
•
1
'
-
13'A " 13%
*
'
50
10
•185
'
-
-
-
Jun
.50;
50
•400
7c--
7c
1,000
22
85
Jun
'
May
4
,
'
Jun
Jan
r Apr
18'A
-
2.50 Mar
Apr
45c
••
Jan
3.65
Jan
Jun
31%
Jan
43 A
-
Jun
58
•'
98
Jun
-
-.-7113%
12'A
Jun
21
—
22%
'
•-■•' Jan
45y2
•
Jan
23 " "Jan
6:70
;
Jun
Jun
Feb
15% May
3.25 May
"A 6c
' Jan
103 A
Jun
125
3.925
22% .Jan
3% May
13 A
Feb
103
Jun
26c
-
1,050
22'A
3.95.4.20
22'A
4.20 V
4
300
600
Jan
Feb
-
f 94—-'22
22
Jan
4
60
-r
1,310
47'A
14% .14%
13'A
•
•
f:,
■'..?•500
156
19'A
25
-8;050
100 A lOA'/a
>J.
International Utilities
Pend
,22:
46 A
"47 Ve
Paper common
•;
Jun
May
.
,
70'/e Jun
19
335
2.60
2.60
2.60
;—
—
International
3'A
14'/a
Paper
Oil
Hayes Steel
3'A'
-200
";>io
60
'
Lumber
.
.
;,v;'
'
Canadian
■
14;900
:
Shares
Low
••
100
Jan
1.25
1*
8%"
Brown
Dalhousie Oil
1.01
Par
for Week
*
•British Columbia Pulp preferred
Feb
17c
49c
-
10'Ac May
J-.290
.
41c
6 ■" 6'A
24'A: : 25*
,^04. :
-
Apr
29,845
<
35c
'
46
•
300
6'A
.
22%
75
1,500
1.07
1.59
375 "
7.
Jan
4.50
/
Jun
,23
'
-I
43
Mar
17
Minipcr
Jun
30c
1
Silver Miller Mines
3.50
8,600
•
•
Jun
19,300
46 A
Breweries oommon
7" 37
•14
Jun
13c
23
WVoting truet certificates
9%
32Ac 39%c
50c ,!
Gordon.
574
4.207
1
'
Sheep Creek Gold
Sherrltt
_
7
125'
•'
38'/a
5j0
com
Preferred
.
-
'
.,..
10
*
* 38
1
Rouyn Ltd
Bhawiuigan
■
.
-1
.
:
10
Sales
Range
6t Prices
Thursday
Jan
•18%
Jun A-
'55 '•
•;
8c
-
Jan
Mar
Apr
■v'
J j
j
-1
For
footnotes
see
page
42.
t
Feb
17'A
Vicour
10
1
6,000
Ventures Ltd
13'A
MacDonald
10
38c
Jan
1
Regcourt
10%
36c
42'A
*
Reeves
10%
38c
•
...
Canada
Yellorex
.
.10%
Jun
Quemont
Quesabe Mines Ltd
39
1.72 Apr
36c
8'/^ Jan
7,800
33'A
Queenston Gold
Mining
Jan
.
12,000
475
1.51
J
Jun
2.54
5,200
161
35 A
10
:
26 A
5,275
85c
Jan
.1.35
1
25
3.20
7'Ac
Jan
10
1
Quebec Manitou
27%
7c
8c
.'V
Quebec
v
Jun
3.00
161
44c
1.51
40
18c
ll%c ll%c
82c
Jun
♦
Prefeired
1,500
20c
85c
May
64c
10
common....
,w.f.
27%,
3c
l
Airways
Purity Flour
v
^
20c
*
'
...100
Preferred
Prospectors
I
.
30c
70c
55
1
Preston East Dome
v4
.
500
13 A
;-.l3A
100
Trust
V.
;
'
•:Western Grocers common
Premier
Pressed
Jan
Jun
Jan
5,000
58c
-•
Feb
1.90
1.27
•
preferred
B
United
3.65
f.
69c
1
'
Corp
Mar
11'Ac
1.27
30c
35'A
20c
May
♦
—"Tr.
United Fuel
Waite
Powell
Mar
5c
Jun
•10
15%c Mar
3.00 Mar
.
16c
1,500
4'Ac
30c
,
500
2,000
-
6'Ac
1,750
Corp class A
Class
Upper
Porcupine Peninsular
Reef
Apr
2.03
;
Mar
•
Resources
Class B preferred
10c 10Ac
Feb
Jan
9
♦
1
Transvision-Television
'•vj
Piccadilly Porcupine
Apr
;
1.70
100
1.39
1
Mining
5c
-
85
-'86
Jun
1.58
•
Petroleums
1.15
64c
Mar
1.26
1.32
r
Tower
1.10
900
Apr
78'A May
•
18c- -18c
_^_100
class A
Jun
1.15
i"
Feb
Apr
78
1.45
1
Trusts
18c
Feb
«•
5 I
120
1.39
A Feb
1.06
43
Pickle
Powell
General
Class
2.02
22
80c
•
300
,
7,950
9%.
6'Ac
.
*
42'A
,__1
9%
Jun
1.58
♦
Mines
Gold
42'A
33c
Jun
*
__
;
common..—
4,500
-
Feb
10% May
Jun
l
Torbrit Silver Mines
//■■■:'.*'V
5''2C.
4
1
;
Gold
10,700
1
18'A
;!r
Tamblyn Ltd
67/8 Mar
20 c
•~
Jan
7c
Jan
50c
.
River
10c
-
Jan
54c
•
Jun
7
Jan
Jun
5c
5,000 "
1.33
6c
13,000
,
'f,;<
*
80'A
1
:
r.
■
2.58
1
Mines
1
81V*
Jun
6Ac
•
j\19%~May
A 23c
375
y 25
1.26
3c
3c
May
Jrm
4 A"".
3.20
3%
Jan
41c
Jun
69c,
ll%c
r
44c
•
Mar
65c
80'A
1
35
'
.
lie
4A
,'80'A
Tech-Hughes
1,000
•
•
42c
.
560
19"
v -19
^.,_1 ' "T _l8c
1
Mines
2.45
•
.
.
,
1.30
Thompson-Lundmark Gold Mines.....*
6Ac
:."'*
Feb
•=;
-40
f
9'A
80'A
,
Apr
4
9Ac
•
5A,
_"• 81'A
1,200
57cr
Jun
24c
50 ; " 17
2,500
-2,116
•
•
Jan
3 'Ac
50c
;7,>
65c
1
Sylvanite Gold Mines
Mar
1.95
173Ac Jun
High
18'Ac
.
A
4A
.-•
25
;
Contact
2.45
"V..
A, 19
,',r.
*
,.j
Sturgeon River Gold _'l_
•
Tubes
w-
43c
9
iT,__100
•
•
Li'jp
A
Coal
United
Pen-Rey
Perron
class
Gold
2.60
3c
9'Ac
1
-v., *
»
42c
-
$
12c'
ll?Ac
J
gy4
Feb
4
„
>:19
».19
,
1.11
3c*
55c
;
3;500
32c
42c
*
—
•
'•*
Porcupine Mines
Western
.
.'>J4
Co-of Canada common
__1
r.
Hershey
Pan
i""
__
1
Petroleum
Pamour
l
^
•_*.
"•
Page
<*•'.;
•
Gold
Lake
OsuJake
Pacific
Radio
Toronto Iron Works
Orenada
Osisko
£_"_*
I
36c
.,'.5%
Steep Rock Iron Mines
Tombill
Omnitrans Exploration j_:
Orange Crush
8,500
35c
.«
'
8,100
1.32
3Ac
__
1.42
Low
20c2DAc
Feb
*'y 15c
May
Range Since January 1
,
I
•
^
.
'
•
___«
common
High
•
< •
r*.'„ .7 A
Jun
6
2,970 "
•
17%c 18'Ac
-
36c
.
*
—
...
Preferred
Feb
60c
.
Steel
Taku
' 1.55
1.60
'' -,L
^Brazeau
itStarrattv.01sen
''f-
1
Ogama-Rockland
ozaita
:
f
7A
.,•*"'
•»-
-
.
•*.
12c —'.Jan
•f.
—
45c
5c
•.;';V".vv
:
"O'Brien
Co
-
Sudbury
T'.*
*
common
'
Stadacona'Mines-a—
Jan
600
lie
-'■•
Northern Extension ,A_
t
'
L_i„l
Shares
,
1
•
\ Standard Paving common--.^—
,^Preferred
Jan
Jun
4c
,
'.Northland
Sales
,
for Week
Apr
1.70 Jun
v
14,000
5'Ac
45c
5c
;
!**■ Standard Chemical
.
Norseman
,
«. •» t *
' -4c
2.04
*
^
^
-
: Southam
1
,Jan
1.03
Jun
10c
■•
Malartic
Low
--'"-l- '!
_L__
Gold
r:
Jan
<y
May
53
Elacten
Jan
,26c
May.-7 ^
10c
Jan
11c
; ,•'
Par
Siscoe
•.'14c
Week's
' Range
Last
.
Sale Price J of Prices
Jan
.
v >\ i8c
Jun'*-.
90c
«•
1
23c
-".r;
:
lOc
>
1
Mines
-
9c
4,250
1,500. :-^4c
47c
32,600
,4 c.; :
v
50c
Jun
-
v
■
,.v
High
•
54'A
»
__l
rv."' v
„
•'
Norraetal
Ac:
.
.
54c ''"
Mines
Mines.
Norbenite Malartic
Norpicu
JQ'Ac
^
___!
Mines
."Norfli,ob
r
X'
4
--11-1
3c-
>
'
' Jun"
184,075....-.-r 7c :May:
Jun*
2,500
'
^New Tburbois
«
5c
'
C
Thursday
f
Range Since Jannary 1
'8,250
r 11c 13'Ac
6c
6c
1
1
;
"
V
7'Ac
^A^4c..
'
^
Merger
"""
6c
30
STOCKS—
Shares
_
(41) ; 41
MARKETS
JUNE
ENDED
1
Low
1
WEEK
for Week
Range
of Prices
far
Gold--.—
<
*
Sale Price
■
•
LISTED
FOR
CHRONICLE
Sales
Week's
Last
c'
'•
•■
FINANCIAL
' A
/
42
(42)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, July 4, 1949
OVER-THE-COUNTER SECURITIES
Quotation for Friday, July 1
•
Investing Companies
Mstual Funds—
Par
Aeronautical Securities
Affiliated Fund
Amerex
American
Shares
3.47
3.79
Axe-Houghton
10
Shares
28 %
Automobile
lc
2.81
1
l7/8
2%
88.20
91.88
Manhattan Bond
18.67
20.18
Mass
10c
7.32
7.33
5
14.03
15.17
Mass
1
15.22
16.69
Mutual Invest Fund Inc
Steel
Century Shares Trust—--.——1
30.21
Chemical
12.42
shares
of
100 3,040
com
Preferred
100
Commonwealth
Delaware
"
144
1
12.22
beneficial
Investors
Balanced
2nd
Dividend Shares
25c
1.32
\
Balanced
Preferred
Income
Fund
1
Stock Fund
1
Equity Fund Inc
Fidelity Fund Inc
Financial
23.62
First Boston
15.49
20c
23.24
1.63
10
Corp
22%
4.56
Preferred
stock
5.06
Common stock series
Fundamental
Trust
shares
General
Investors
5.36
43.59
Automobile
Aviation
shares
5.95
lc
4.88
Building shares
lc
6.18
lc
5.48
Electrical Equipment shares lc
7.73
Food
lc
4.00
Fully Administered shares—lc
6.49
shares
:
General bond shares
lc
Industrial Machinery shares lc
Institutional bond shares
lc
Machinery
3.19-
lc
4.22
4.64
5.09
5.59
1
4.08
4.41
Aviation
lc '
shares
7.19
lc
lc
lc
10.89
Co
of
Investment Trust
America
of
1
B-2 (Medium
B-3 (Low
Bonds)
Grade
26.85
21.68
Priced
Bonds)
B-4 (Speculative
K-l (Income pfd
Bonds)
1
Stocks)
1
1
14.71
9.38
17.83
19.45
(Quality
8-1
15.74
Stks)_l
Stocks)—1
24.67
12.63
13.79
8tks)_l
10.40
Fund-.
com
(Appreciation
Knickerbocker
00m
Stks*--J
Fund—
.1
cJ>m
Loomis Sayles Mutual Fund—•
Loomls Sayles Second Fund—10
26.92
3 78
4-13
4.13
4.52
x89.29-
91.11
x43.36
44.25
3-50
1-50
bl.45
3-
1-50
1.55%
3-
1-49
1.30%
12-
1.55%
1-49
7-
1-49
bl.45
4-
1.30%
3-50
'
15.57
9.89
United States
10.84
Bid
6.77
11.07
'
Bid
_1
25.05
18%
19%
5.20
80c
•
5.70
88c
„
X45.75
48.75
8.39
9.14
Wisconsin Investment Co
25c
59c
1
'
Unit
20.20
Trustee
1
16.76
5.43 *
17.20
17.83
—
;
—
6.27
8.36
1
8.89
9.06
1
9.09
16.31
•
17.80
14.92
16.04
3.24
1
3.52
—1
&
of
New
York
2.50
Independence Trust Shares
Fifth Avenue
1
Series 1955
"l
Par
61
11%
16%
13%
17%
28
30
25
53%
lo
55%
39
42
Automobile
Bankers
&
Shippers
86
National
Chemical Bank
Bank
&
—15.
Camden
Fire
Conecticut
General
85
60
62%
5
Life
10
Trust
90
lo
50
National
31%
33%
& Mfrs
Empire Trust
Federation Bank
National
&
(J
P)
31
Peerless
58
■61
-10
Fidelity & Deposit of Md_
.10
Fire Assn of Phila
56
.10
Fireman's Fund of Frisco
Firemen's of Newark
10
General Reinsurance Corp
lo
Glens
2nd
Great
59%'
81
15%
16%
com
preferred
American
Hanover Fire
Hartford Fire
Hartford Steamboiler
26
48%
50%
5
Republic
24
5
Falls
Globe &
Globe & Rutgers Fire
5
60
56%
78
9%
10%
15
29%
32%
15
80
5
32
33%
30%
-10
118%
32%
122%
-10
33%
35%
25
27
5
25%
>•
87
31%
123/4
44
"24%
-V
Bank
20
26%
31%
10
31
33
290
Mellon Natl Bank & Trust—100*
270
-
.16
:7
V
27
>
.
Bank
30
15
of
Detroit
Co
20
47
100
';
*
&
JA
Portland
First
44
223
-
—
-
Trust
•
290
•
20
-
31%
33i/a
12%
61%
64%
20
48%
52%
12%
39%
41%
:,-r
Bank
National
United
'"•491/4
States
Natl
Bank
229
■
12%:
38 3/4
40 3/4
81
84
371/4
6
100
580
Francisco
671/2
12
San
39 V*
641/2
.
Bank
of Amer N T & S A
63/4
-
Recent
Bonds—
Duke
Bid
Power
Kansas
2%s_
Pow
&
Lt
610.
1974
Security Issues
103
'
Stocks—
Ask
Par
Cen ATiz Lt & Pwr $2.50
-pfd.§^
Central Hudson Gas & Elec—
103%
1979
27/eS
102%
102%
1979
101%
16%
:
N
103%
90
yi 101%
.
104J/2
Narragansett
EnglaSjd
107
53
56
13%
Elec
3s
1978
103 %
10
79%
82%
1978
Tel & Tel 3s__ 1974
5
10
12%
4%
31
North States Pow
preferred.^
&
State
4% %
pfd
Pow
Elec
100
103
•
54
1949)^—100
103
103%
108
109
$2.20
&
*103%
Gas
5%
red
1st
pfd
100
pfd
25
6
28%
30
.
;
80%
84%
Security (New Haven)
Springfield Fire & Marine
10
46
32
10
42%
1033/4
1043/4
108
102 y4
103 Va
103 %
105
(Colorado)
1978
103%
4.40%—100
104%
Public Serv of Indiana 3s__1979
1
J
Tenn Gas Transmission 3s
1969
101%
102%
San
102%
102%
Scojt JFaper $4 pfd
Westchester
102%
1023/4
pfd_100
Rochester Gas & Elec—
Power
3s
$4.75 preferred series G
31%
Diego Gas &
4%% preferred
100
Elec—
20
19%
20 Va
——*
102
102%
4.90% preferred
100
Texas Eastern Transmission—*
44%
10
1053/4
1043/4
34
Standard Accident
279A
1043/4
107
Ser
1033/4
49
10
27%
Pub
104%
k—
4%
33
5%
54%.
Penna Pow & Lt 4.60% pfd_100
Potomac Edison 4.70%
pfd
100
3s 1979
Ohio
104%'
"
Elec—
Pub Serv of Okla 4.65%
(Wise)
pfd
Gas—
(series
&
Ask
493/4
104%
15
2
Y
Lt
Pacific
95
5
lo
4.75%
Okla Gas & El 5%%
3y8s__1978
New England Power 3s
8
Bid
49
102
101
Lt
104
105
33%
Seaboard Surety—
a
Travelers
•
100
Fidelity & Guaranty Co__2
U S
Fire
U S
Guarantee
Westchester Fire
6.43
49
6.68
Lighting
3s
—1979
Staten Island Edison—
Odd lot sale
4
•60%
10
71%
75%
2
19%
21
63%
♦No
1
■
13%
13%
(not included in year's range), b
Big yield price, d Deferred delivery-sales (not
in year's range).
e Ex-interest,
f Flat price,
k Admitted to listing on N. Y. Stock Ex¬
nAdmitted to trading N.^Y. Curb,
rCash sales (not included in
year's range),
tExliquidating dividend. (Un) Admitted to Unlisted
Trading privileges, wd When delivered, wi When
issued,
x Ex-dividend.
y-Ex-rights. z Ex-stock dividend.
included
change
51
par
value,
tin
i
16
1,330
Bank
Peoples First National
274
100 1,290
25
42
Pa 3s
"
'
Farmers Deposit Natl Bank—100
27%
1,210
265
26
7
__lo
;
510
,
Pittsburgh
25
New
St Paul Fire &
Marine
495
!
310
176
24%
New
14%
25
Reinsurance Corp (N Y)
Republic (Texas)-
293.
100
—
City Bank.
Detroit
...133/4
26 '
33%
41%
12,50
Preferred Accident
100
-r
291/2
90
Louisiana Pow &
2
5
Co
*75
169
.
National
National
Kentucky & W Va Pow 3s_1979
10
2.50
Co
Central
Conn
5
Casualty
72%
100-
34%
27%
34
-
33Vi"
i
/ 541/2
Co Inc
Bell Telephone of
32
Providence-Washington
U S
-10
5
5
Phoenix
55
521/2
52%
Indemnity
29
59
223/4
50%
.
Co
v
>-.■
IOV2
321/2
49%
21%
lo
Pacific Fire
Pacific
Trust
Cleveland
National
100
14%
46%
73/8
Northern
-
"
25%
River
Northerrf
35 %•
Ask,
185
48%
13>/4
6%
Fire
•
-
V
104%
44%
1
23%
Northeastern
•
✓
100%
4
Casualty
Hampshire Fire
.10
,
Federal
-
Bid
175
'
100.1,150
Trust
-
Trust
National Bank
Harris Trust &
Savings
44 V*
9 3/4
—10
&
Continental Illinois
National Bank &
First
41 %
421/4
Trust. ——10-
1
;•
39%
50
Bank
89
.
Par
-100
30
Casualty (Detroit)—10
New York
'V1
V
Ask
10
20
Prior
52%
10
Continental Casualty
Cram & Forster Inc..
Employees Group Assoc—
Employers Reinsurance
21%
1.02%
-
10
Stamped
1
Corn Exchange Bank &
Trust_20
County Trust Co
(White Plains, N Y)
16
*
National Fire
National Union Fire
New Amsterdam
North
19%
86
Bid
28%
preferred
10
$1.05 Convertible
preferred—5
89
10
bl.12
l.r*
112
v
33 %
Commercial National Bank &
Trust Co
20
Continental Bank & Trust—
Kings County Trust
Lawyers Trust
5
common
Massachusetts Bonding
Merchant Fire Assurance
New
25
Boston
Maryland Casualty
Merchants
lo
1.02%
Chicago
;
40%
"
Title Guarantee & Trust
United States Trust
53%
American Re-Insurance
American Surety
1.02 %*
1.02%
bl.12
City Natl Bank & Trust.
3.27
V*
25
Public Nat'l Bank & Trust-l?1/*
(
$2.10
3.12
38
Industrial Bank of Commerce_10
Irving Trust
10
xl'98
Ask
Sterling National
58
& Casualty_5
American of Newark
2%
bl.12
1949-
§ept. 29,
23%
107
Guaranty Trust
x319
;
10
100
2.33
2.05
1
_
Series 1956—
51%
Ameriean Fidelity
bl.12
1949.
1949.
'
22%*
100
Trust
7.25
6.30
North Amer Trust Shares-
—10
21%
1.00%
:
Fiduciary Trust
—25
19%
1.00%
Bid
Manhattan Co_10
Brooklyn Trust
First
Shares—
Agricultural
46%
,15,
22,
Par
New York
Bank of the
Chase
Type Trusts—
Aetna life
12%
8, 1949—
Sept.
Sept.
Central Hanover Bank &
Trust 20
66c
>
Insur Co of North America
Jersey Insurance of N Y
11%
Sept.
1.00%
Banks & Trust Companies
Bankers
Home
44'--""
~1.'02%;
0:95%
0.95%
%
iBank
1
Ask
5
bl.12
1949—
bl.10
•'
1
79
4
1.00%
1,
bl.10
10.13
53
American Automobile
American Casualty
<
American Equitable Assur.
Ask t
bl.12
Sept.
bl.10
46.45
9.36
,•
_2%
75
23%
"
;
Aug. 25, 1949
0.90%
bl.10
26.93
46.45
Inc—
51
22%
Treasury Bills
Ask
14.77
(new asset value) _•
10
—10
1.35%
2.18
—10
American Alliance
bl.50
»1.'30%
~w
13.74'"
Insurance Companies
Par
.1.35%
0:75%
bl.10
New York Trust
Surety-
'1.35%
bl.50
bl.10
National City Bank
&
bl.50
bl.10
Aug. 11, 1949
Aug. 18, 1949
7.42
Manufacturers
Aetna Casualty
bl.50
Bid
July 7, 1949
July 14, 1949
Morgan
Aetna Insurance
v
.v
,
9.91
1.99
Series E
8-3
1-
2-
1-49
14.21
1
Diversified
9.53
common
8-2 (Income
1-49
2-49
6-
1
14.42'"
-
7-
5-
9.79
Union Preferred Stock
Fund—1
Union Common Stock Fund
1
United Income Fund Shares
(Appreciation pfd Stks)_l
K-2
1.50%
Aug. 4, 1949i
Wall Street
Investing Corp
Wellington Fund
Whitehall Fund Inc—
16.05
8.59
•?.
1.30%
1.30%
1.55%
6.81
Series C
23.66
Ask
4
bl.50
1.55%
10-
Bid
bl.45
3-50
1.25%
6.17
Trusteed Industry Shares
Union Bond Fund series A
Series B
28.66
1
•
1-49
1-
1.25%
Corp.*
7.31
1
Bds)
.1368
12i
bl.45
4.60
Television Fund Inc
12.36 ./■
1.20%
7.92
Shareholders Trust of Boston—1
24.28
6.67
12.09
1-49
bl.40
bl.45
5.63
Sovereign Investors
1.02
1-49
1-49
6.21
Selected Amer Shares
11.93
22.33
Boston—1
Investors Management Fund—1
Keystone Custodian Funds—
B-l (Investment
Fund Inc
79c
93c
8tock and Bond Group
Investment
Investors
7.89
71c
Insurance Group shares
2-49
4-
10.24
Standard Invest Co Inc——10c
State Street Investment
Group shares
Bank Group
.1245
100.1074
Dne
5-
1.55%
3-49
4.20
Scudder, Stevens <5c Clark
lc
*
Dated
1.50%
1.20%
1-49
8.93
1
Tobacco
Ltd—*'•«':
Rate
1.20%
bl.40
11-
7.23
1
Republic
Russell Berg Fund
Shares
Ask
bl.40
11.21
10.10
3.85
Institutional
100.0975
—
15
4.31
1.69
Bid
1-49
-
3.50
19.87
—
11-
9.34
1
:
-3.92
1.55
.1000
7.17
5
v
lc
18.38
3-49
9-
11.41
Petroleum & Trading—
Putnam (Geo) Fund-
lc
5
.0944
100.0779
1950
1-49
9.04
1
Railroad stock shares—,
10c-
1-
1.60%
1
Steel shares—
Incorporated Investors
1,
1-49
1-49
a.—_1
equipment
Tobacco
3.51
6-
8-
July 21, 1949
July 28, 1949
Steel
7.46
.•
1.45%
1
Railroad
,«*
July
1-49
1
Railroad
5.28
>
11 %s
2-
1
7.32
••
.0943
100.0748
.0849
4-
1
*
Oils
2.42
.0991
100.0652
1.55%
1
—
Merchandising '—'
5.22
100.9712
—
—
1.50%
6.54
Pacific Coast Invest Fund—1
-
.0529
7.74
10.60
,
10.41
1
Public Utility
4.75
1950.
10.32
9.67
preferred stock—1
equipment
1
9.10
2..19
1.
11 %s
3.86
6.63
<6.80^'
Ask
10.62
7.67
-W
6.61
3.52
6.67
.
6.03
9.69
6.99
lc
Feb.
fl%s Mar. 1, 1950—
Apr. 1, 1950—
11 %s June 1, 1950.
►Ask
100.0722
1-48
10.57
4.81
shares—.
1-48
12-
1
lc
Utility shares
11-
1.60 '/o
7.06
lc
Howe-Plan Fund Inc
Income Foundation Fund
1.65%
5.67
8.67
shares:
lc
Railroad Bond shares——lc
RR Equipment shares..;
lc
11 %s
.1940
100.0384
Due/'
9.33
6.04'
Petroleum
Bid
Certificates of lndebt (confc)-
100.1718
»
Dated
8.51
9.42
Metals
7.41
"t
Maturity-
Federal Intermediate Credit Bank Debentures
5.17
1
Investing Company shares—lc
shares
3.17
14.31
1
•*—-
4.40
6.76
2.90
13.34
v:
1
Electrical
8.47
Ask
4.55
1
7.12
•
100-"
102.18
5.42
1
.
Insurance stock
,
99.14
99.24
3.31
——t
Low Priced
Merchandising shares
Mining shares
4.16
4.96
3.03
'
Diversified
6.01
shares
:;S9.6
102.10
119%
Bid
Bid
tl%8 Dec. 15, 1949
11 %s Jan. 1, 1950
4.10
Industry
1
Diversified Investment Fund_l
6.78
Chemical
1, 1952-19501, 1953-19511, 1955-1953-
2.79
Diversified
5.36
1%%
Certificates of Indebtedness—
tl%8 Oct. 1, 1949
Rate
Bank stock
5.49
1
118%
Int. Rate
Treasury Notes—
t April
1, 1950-
6.36
3.75
Inc—
.
Chemical
6.53
5.00
lc
shares
5.82
1
Corporate bond series
lc
6.00
2.55
1
Building supply—
Group Securities—
Agricultural shares
5.49
1
Aviation
4.59
7.01
1
_!
Automobile
46.87
4.28
6.41
/
1
Agriculture
~
6.20
1
—1
Trust
8.28
1
York Stocks
4.72
13.55
A—2
General Capital Corp
Series
Series
New
4.31
2
13.39
7.66
1
England Fund
5.54
-
12.36
-
Fundamental Investors Inc
Stock
12.47
1
Series
New
'
series.
Ask
100 3
Dollar Price
Maturity-
5.08
Franklin Custodian Funds Inc—
.1961
14.11
Industrial Stock Series—.
1
Selected Group Series.
1
Low Priced Com Stock Series 1
1.80
20%
1
a
Bid
100
U. S. Certificates of Indebtedness
11.28
12.91
—
Stock Series
23.65
Inc_l
First Mutual Trust Fund
'
3.60
21.88
-
l%s May
l%s Jan.
2%a Feb.
-
Issues-
25.12
10.43
1
Speculative Series
16.56
3.41
5
Industrial Fund
25.26
point
a
Bonds
1950-1949-
3.62
1
Low Priced Bond
Eaton & Howard—
1950
Other
Panama Canal 3s_
1,
7.39
Inc_l
Corp
Series—"
Bond series
1.45
32nds of
more
Oct.
4.17
3.28
lnterest__l
Fund
Fund
Investors
Security
13,36
Fund
3.45
6.74
Fund Inc_10o>~.
National
5.59
or
•1 %8
Trust—
National
5.14
3.22
Nation-Wide Securities—
3.190"
139
Investment—1
3.63
2.92
lc
Investors
Ctfs
13.44
shares
3.29
3.13
32.49
i~l
.100.5
100.2
3.03
1
Securities
100.3
one
Federal Land Bank
" 100.3
July
3.40
•
Fund
100.1
2.74
Boston Fund Inc
Christiana
1949
3.78
14.12
Bullock Fund Ltd
l%s Sept. 15.
l%s Jan. 20,
3.08
' 6.81
Bowling Green Fund Inc
Broad Street Invest Corp
3.41
lc
6.30
-12.99
5'/a
Ask
100
lc
1
5
4%
Bid
1949
Paper shares
Inc
1
decimal point represent
Banks—
22,
,3.09
3.82
8%
Loan
3.10
Business Equipment shares.lc
Electrical Equipment shares-lc
Oilstocks
Fund
FI car em after
Home
1.65s
Petroleum
3.49
73A
Obligations Of Government Agencies
Ask
Federal
shares
Axe-Houghton Fufid B
Beneficial Corp
Blair Holdings Corp
Bond Inv Tr of America
.
Bid
General Industries shares__lc
Home Furnishings shares—lc
Non-Ferrous Metals
lc
1
A
Par
Managed Funds—
30
2
Standard
series
Mutual Funds—
4.86
1%
Inc
Business
Associated
Ask
4.42
Holding Corp
*
Bid
1
:
default.
tThese
bonds
are
subject to all Federal taxes.
'
Number 4817
Volume 170
THE
-
COMMERCIAL
&
FINANCIAL
CHRONICLE
Week Ended June 25
THE COURSE OF BANK CLEARINGS
1948
1949
.
\
clearings this
Bank
-
will show
week
Preliminary figures compiled by
based
us,
decrease
a
compared*;;with a year ago.
telegraphic advices from the chief
upon
cities of the country, indicate that for the week ended Saturday, July 2, clearings
for all cities of the United States from which it is possible
Jt;o obtain weekly clear¬
ings will be 5% below those of the corresponding week last
Our preliminary
year.
total stands at $15,095,240,871 against $15,888,414,724 for the same week in 1948.
this center
there
'
loss for the week
a
ended
Frida^Pf 2.5%. Our comparative
\-Vv ''
•' :
'-..V
V,,'
::-;V
.v
;
District—Philadelphia—
Pennsylvania—Altoona—
1,030,393
'
Chester
1949^
Chicago
—
3.1
1,021,573
727,841
2,800,339
+ 10.1
2,685,887
816,000,000
sj!,774,622
2,211,806
800,000,000
Philadelphia
Reading
;:
4,996,036
653,459,621
—
■
Wilkes-Barre
Delaware—Wilmington
1,
5.7
—
+ 10.1
>1,089,897
902,113
1,951,514
3,656,247
4,677,226
1,974,449
2,160,946
+
1.7
7,864,468
+
2.4
7,026,386
8,513,272
8,394,040
1,004,115,236
+
1.6
850,867,241
830,135,938
+
3.4
3,600,259
8,963,101
8,053,295
„
1.7
+
■
2,246,108'
'
+ 11.6
2,093,251
4,202,831
8,816,434
2,507,147
(11 cities)
1,020,601,714
y
—14.3
462,313,430
—
—
9.9
279,200,000
—
345,082,000
—13.8
301,957,678
316^359,606
—
2^231,239
33090,758
^
356,383,799
34,183.500
4,566,347
6,855,735
366,896,096
4,745,226
5,961,397
941,394,945
6,711,409
~—
Cleveland
7.6
293+559,000
6,490,613
187,281,983
Pennsylvania—Pittsburgh
5.4
274,639,455
18o',757^284
344,778,674
30,821,400
Cincinnati
V
5.0
1,011,000,700
247*5^2,210
257*^00,000
1
907,000,000'
2,730,923
5,218,270
2,576,141 '
5,744,617
.
Scranton
Ohio—Canton
437+494,230
=
City
St: Louis—
1,048,740
+
6,046,106
Fourth Federal Reserve
District—Cleveland—
2.5
86^1)00.000
/
Boston
Kansas
$8,579,133,409
620^, ?61
Philadelphia...
r;."
%
1948
$8,365,514,832
r
1,031,227
+ 12.7
964,955
f
*■
July 2
New York
r
—19.9
984,415
3,082,361
983,000,000
-
Total
Week Ended
1,286,343
;
y-:- .":■■■■:
-S':'
Clearings—Returns by Telegraph
•
1,109,239
995,161
Bethlehem
New Jersey—Trenton
*
1947
Dec. %
Third Federal Reserve
York
for the week follows:
summary
,
is
At
Inc. oi
•
.s$
—16.1
—14.2
Columbus
'
Mansfield
i
-
Youngs town
5,229,190
157,222,342
3.3
292,401,248
119,450,001
246,700,007
9.8
—
5,528,107
3.5
—
27,603,500
19,639,100
3.8
3,999,935
+ 15.0
5,671,727
318,753,544
+ 15.1
283,327,339
3,220,501
4,562,184.
255,948,624
913,800,062
+
3.0
775,754,198
654,749,607
—
—
"
Francisco
San
Pittsburgh
Cleveland
.
—
Baltimore
.<
20^,916,843
222,537,954
—
—
$'6^,201,620
—
5.2
—
4.9
:'7
y-
*
days
West
Other cities, live days
Total all
'
,
•
2,482,734,070
.
cities, five days
:
729,704,308;
—
South
—
5.0
Total
Complete and exact details for the week covered by the foregoing will appear
•
in
our
ends
issue of next week.
cannot furnish
We
them-tbdSy, inasmuch
Saturday and the Saturday figures are not available at time of going to
In the elaborate detailed
are
statement, however, which
able to give final and
press.
For that week there was
ending June 25.
present further below
we
complete results of the week previous
the week
—
increase of 1.0%, the aggregate of
an
bank clearings at
Outside of this city4here
week in 1948.
same
this center having recorded
a
it appears
(including this
that in the New York District
city) the totals record
an
improvement of 3.1%, in the Boston Reserve District of 5.1% and in the Philadelphia
Reserve District of 1.6%.
3.0%, in
In the Cleveland
Reserve District the totals are larger by
the Richmond Reserve District by 6.3% aid in the Atlanta Reserve District
by 0,7%. The Chicago Reserve District suffers a loss of 5.6%, both the St. Louis and
Minneapolis Reserve Districts of 1.8%.
is
decrease of
a
In the Kafnsas City Reserve District there
10.8%r in the Dallas Reserve Distinct of 6.0% and in the San Fran-
cisco Reserve District of 7.1%.
'
V
Macon
Florida—Jacksonville
2,827,517
83,285,643
Alabama—Birmingham
Mobile*.
Week Ended June 25.
Srd Philadelphia
.Cleveland}—7..
+
fi,l
7,749,799,780
+
3.1...
i,020,6Ci,714
f
•tit
Richmond
I,004,li4i3§.*^
"
«th
6
A^lantn
Total (10 cities)
426,843,1:02
+
6.3 ^
375,735,297
J 609,814,297/
605,546^35
+
0.7
.5.37,714,851:
479,198,779
5.6
864,870,797
1.8
403,904,285
•i
342,871,021
1.8
299,413,109
:
246,989,845
—10.8
428,984,714
246,525^180
201,300,904
659,289,312
606,970,493
7
"
370,945,536
377,83^111
10th Kansas City
—10
"
453,013,757
507,727,207
282,012,882
299,969;3&5
753,434,371
310,'
:
6-
;
7,212341,«^L
7,067,585,840
—
—
—
—
6.0
•
,
■:
7.1
—
14,671.612,^8,
14,822,258,683
^Total — —
111 cities
^otax
Side 1
.j
Outside New York City
add
our
12,665,138,579
6,264*152,204
2.0
1948
Seventh Federal Reserve
■
■
:^v|pc.
%
1,642,sfe
-922,190
••••.
1946
1947
1.9
82,615,025
60,445,769
—11.0
103,377,997
+
+
8.1
+
5.2
0,130,015
339,063
102,236,688
-+
0.7
537,714,851
605,546,635
4,356,091
272,831
479,198,779
.
—20.9
1,304,219
1,011,551
—11.1
8,879,525
4.7
5,418,972
7,331,133
4,099,154
52,467,000
47,971,000
6,709,794
*
Indianapolis
4
I.323,722
9,587,845
5,848,927
Indiana—Fort Wayne
?
South Bend
Terre Haute
4,874,061
6,186,459
IoWa—Cedar Rapids
Des Moines
60,451,243
3,669,646 1
4,274.461
26,018,678'
25,523,382
13,364,408*
952,986'
664,493,925
: 3 245,654
13,044,321
nw
Sioux City
Illinois—Bloomington
«
Chicago
>
K
t
—
1,175,157
716,288,548
+
5.7
4,687,105
3,703,784
+
9.4
46,610,000
38,653,000
—12.8
9,518,542
1
3,059,927
1.2
+
1.9
+
2.1
—
—18.9
7.2
—
6.1
+
—14.2
5,857,070
—13.7
2,896,019
3,174,441
869,509,641
921,243,257
4,655,642
'
t.
48,601,264
3,109,805
27,374,981
10,900,616
1,293,422
675,931,27(1.
2,071,233
9,623,160
5,652,333
—14.1
II,146,286
9,568,352
5,052,201
H
—
t
t2,683,525
'Cl.lSO.lsg*
Wisconsin—Milwaukee
*
t
*
<
■
43,483,147
2,876,943
19,263,812
8,013,963
630,917
,595,056,952
1,903,243
7,108,706
4,785,747
8.8
2,994,350
1,959,399
5.6
864,870,797
744,537,093
3.9
—
—
239,600,000
204,400,000
83,210,951
Eighth Federal Reserve District—St Louie—
Missouri—St.
Louis
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy__
£65,200,000
120,450,367;
"
275,900,000
118,695,178
75,202,256
1,699,003
Total (4 cities)
462,551,626
Ninth Federal Reserve
74,749,423
—
+
1.5
98,075,119
+
0.6
64,535,801
1,693,365
1,800,898
54,053,502
4.71,145,499
*
403,904,285
342,871,621
5.7
—
1.8
—
'
^,207,168
District—Minneapolis—
*
Minnesota—Duluth
5,501,734
249,233,295
8,637,454
265,968,679
36.3
93,475,928
6,341.387
81,904,107
0,807,629
3,699,644
+ 14.1
3,004,834
2,713,020
+ 10.8
5,191,458
208,360,092
68,155,058
5,250,760
2)575,289
2,334,494
9,692,353
8,101,008
+ 19.6
7,545,958
2,013,212
1,735,231
7,281,901
377,831,741
1.8
299,413,109
246,989,845
St, Paul
North Dakota—Fargo
South Dakota—Aberdeen
Montana—Billings
3,696,005
-
Helena
—
1
370,945,536
+
■
509,701
-
Hastings
1,334,173
5,524,040
101,301,527
6,991,867
11,576,601
313,466,300
.
'
4,032,961
3,642,457
494,038,273
9.1
424,760,586
:
Missouri—Kansas
'
City
1,579,876
1,747,771 —.3.2
;ir- si8;n& mz.6
781,237
•
St. Joseph
—
Colorado—Colorado Springs
Pueblo—.£&.
V
572,562
Total
(10 cities)
565,885
•"
6,053,343
114,483.693
'
-"
6.3
6.9,
0.1
..
4,773,698
170,318,917
56,815,863
4,051,023
6,$56,515
'
2.4
339,000
—27.8
8.7
410,731
4,732,758
—11.5
89,900,585
74,095,619
2.0
9,654,571
257,777,178
—
—
292,034
439,186
'
4,086,628
6.6
7,493,933
11,532,779
302,970,826
8,581,285
2,157,160
+
4.7
1,654,773
1,670,288
v
+
9.1
1,298,046
1,408,850
1,200,193
—10.8
428,964,714
359,999,281
15,507,904
350,106,256
9,794,819
9,144,205
+
—25.3
—10.5
—
6,042,505
5,002,517
"
•
2,259,292
1,831,553
—
1,503,410
1,464,959
522,344
408,671
——
Lincoln
Omaha—
$
1,619,652
—16.1
1,582,202 '
;i
*:
2,550,030
65,552,718
city for the
25^
or
|^7.2:
1,691,475
.'
2,441,312
77,655.144
8,523,706
4,643,252
6,538,220
Wichita-
3,919,228^-—
r«3,562,241'"
532,393,973
Fall River
New Bedford
2,718,322
9.6
+ 11.8
—
1,046,508
Kansas—Topeka
1.378,036
v#,
..Portland——-—i-——.
83,903,501
6,226,400
6.8
15:467r922
50,259,099
174,200,000
District—Chicago-
Nebraska—Fremont—...
.
Massachusetts—Boston—
Lowell
June
Dec. %
——-
74,521,144
—
Tenth Federal Reserve District—Kansas City-
Clearingsnt--.-'; :;-,;v;:J.
'First Federal Reserve pistriet*—Boston—
—.
16,151,583
57,791,327
189,400,000
2,954,694
5.4
5,529,443,808
.
WceklJncfed
1
8.9
4.9
-f-
"
.
detailed statement showing the figures for each
week ended June 25 for four years:
Maine—Bangor
331,045,506
364,410
Michigan—Ann Arbor
Grand Rapids
Lansing
Total (7 cities)
now
375,735,297
744,537,093
13,202.623,315
1.0
+
—
^
We
3,742,217
3,128,636
-
609,814,297
359,999,281
Minneapolis
..
6.3
+
55,788,689
331,645,^06
"
Franciscol»u.i—10:; "
830,135,938
453,629,074
f 4
12th San
850,867,241
654,749,607
471,115:1^9
:
7,372,091,918
775,754,198
921,248i2S7
Dallas
1.6
i
3.0
869,509,641
11th
7,188,137,859
494,641,594
+
462,551,626
•th
571,446,472
0 941,394,945
•*
—16
•th St. Louis
171,706,513
..
-114,954,680
—
1946
y 913,800*062
"
7th Chicago
2,850,568
189,622,244
60,286,837
+ 10.4
•
583,160,9^3
7,992,524,383
"
dth
.
1947
612,766,452
j
i-li:
—
Inc. or
Dec. %
2nd New York————12
3,lt6v786
6.7
+
NGS
CLE
4
-12 cities
1st Boston
+•11.5
'
Decatur^-
^
194$;
1949
90,626,005
393,969
.
Total (16 cities)
Federal Reserve Districts >'7
68,033,698
5,538,645
Orleans
Springfield
BANK
2,260,731
8,413,000
110,516,400
120,935,289
Mississippi—Vicksburg
Louisiana—New
Peoria
OF
9,784,951
3,7
232,500,000
85.501,512
Rockford
SUMMARY
-
9.3
+
18,171,749
16,560,547
71,383,683
219,900,000
3,487,492
Nashville
Georgia—Atlanta
Augusta
We group the cities
located and from this
are
420,643,142
67,158,294
2,408,079
+
loss of 1.0%, the
was a
gain of 4.0%.
according to the Federal Reserve Districts in which they
453,629,074
(6 cities)
219,522,367
—25.6
Sixth Federal Reserve
District—Atlanta—
clearings for the whole country having amounted to $14,822,258,683 against $14,671,-
612,328 in the
3,353,572
234,257,652
74,120,349
Columbia—Washington
Tennessee—Knoxville
the week
as
Accordingly, in the above the last day of the we$k in all cases has to be estimated.
we
Carolina—Charleston
'
2,726,334
10,393,000
123,834,742
.3,008,415
128,455,901
Maryland—Baltimore
0.8
$15,095,240,871 $15,338,414,724
Total all cities lor week
782,996,781
2,027,600
11,414,000
Richmond
District of
All cities, one day—
•
Virginia—Huntington
Virginia—Norfolk
'
1-;-
(7 cities)
Fifth Federal Reserve
District—Richmond—
4.8
$14,365,536,563 $*5ffc)5,417,943
v
Ten cities, five
Total
9.9
$11,882,802,493 $12,485,216,323
.
'
"
V;
4.6
453,013,757
——
•
507,727,207
1,742,471
'
•sggTt—124*"-
4,490,183
New Haven—
;
-
flth^de itelandr-Provid^ce^-.M^. Hampshire:—Manchester—^
23,634,187
9,785,434
—.
5,101,073
25,921,600
Worcester
Connecticut—Hartford
Mew
8,865,920
6,902,347
Springfield
11,873,790
•22,753,400
<
1,383,371
;
#
9.7
6,030,909
4,608,656
19,396,272
9,213,480
7,872,876
27,183,400
22,132,900
1,204,353
1,051,195
Eleventh Federal Reserve District—Dallas
■
4,342,650
19,668,716
-
Texas—Austin
5,646,211
—.
,
+
6,8
>
5,830,520
'8:564,053
247,331,000
28,414,379
5,240,000
4,989,494
8,154,982
282,012,882
Fort Worth
Galveston
22,603,078
4,786,000
4,235, 234
...
(
Wichita Falls
3.3
5,839,800
6,278,785
4.5
201,307,000
-20.5
24,764,652
4,378,000
164,097,000
19.297,202
3,874,000
-
299,969,375
236,176,306
—i7.0. ^
25,957,000
1,297,984
6,290,042
Louisiana—Shreveport
-
-
8.6
-15.1
3,190,270
5.0
7,045,452
2,019,316
5,740,601
6.0
246,525,180
201,306,904
6.6
103,527,103
Z-&-
5?otal (12 cities)—
612,76C,452 :
583,160,173
+
5.1
r.^71,446,472
494,641,594
Total
(6 cities)
~Psae".".■lZii
:?z-l
Second Federal Reserve District—New York—
(59,366,035
2,856)832
—
5.9
2,264,523
2,540,548
84,120,858
1
Buffalo
85,493*791
—
1.6
80,203,745
61,442,701
1.405,534
1,42$M5
—
1.1
■vL4fiO, 867
1,716,945
1,817.784
—
5.5
"i',910,493
1,485,487
7,754,672,843
7,459,270^7
+4.0
6,938,371,111
7,135,694,771
17,156,130
Elmira
18,979,406
—
9.6
3d,505,149
14 889,395
11,144,815
12,771^4
—12.7
9,318,515
8,157,868
13,330,746
14,942,
41,952,437
i
Rochester
,
Connecticut—Stamford
:,V
Jfflrsey—Montclair
Northern New Jersey
.
624,041
Total (12 cities)—
■;
709,63^—12.1
40,275,422
New
Washington—Seattle.
126,137,176
Oregon—Portland
159,667,449
57,529,247
Utah—Salt Lake City-
3,380,632
140,721,753
—
135,110,893
3,461.810
Yakima
56,085,906
—
94,500,469
2.4
3,603,732
3,737,512
—11.9
94,903,876
2.6
44,097,031
78,811,055
36,282,190
+
+
10,160,048
—
Jamestown
Syracuse
**15,663,836
2,688,413
Blnghamton
New York
Twelfth Federal Reserve District—Saw Franelse*—
ns.i
13,821,753
New York—Albany—
50,932,460^^-20.9
51,566,878
49,035,096
*+
5.2
1,209,742
11,795,414
California—Long Bead
Pasadena
9,233,715
!
San Francisco
San Jose
Santa
53,454
36,118,137
33,754,769
Grand Total
43,585,592
42,729,458,
Outside New York-
tlfot
(111 cities)—
included in totals.
3,789,378
8,341,453
9,977,106
753,434,371
Total (10 cities)
415,889,131
3,662,139
—
Barbara—yl
J-
Stockton
661,048
9,966,399
7,143,213
333,818,336
8,733,328
810,624,371
14,822,258,683
7.067.585,840
tNot available.
9,614,174
14,671,612,328
7,212,341,901
8,343,471
8,343,917
+ 29.3
6,191,522
7.7
378,653,266
8,882,593
,0,138,312
359,477,119
+ 18.4
—
—
9.2
3.4
9,178,189
3,018,836
8,067,882
2,832,412
—16.4
7.1
659,289,312
606,970,493
1.0
13,202,623,315
6,264,252,204
12.665,138,579
5,529,443,808
—
—
+
—
2.0
7,669,31$
44
THE
(44)
COMMERCIAL
FINANCIAL
&
CHRONICLE
00000-$^Foreign Exchange Rates
Pursuant to the requirements of Section 522 of the
Tariff
Monday, July 4, 1949
NOTICES OF
Mountain
General
Act of 1930, the Federal Reserve Bank certifies daily
Secretary of the Treasury the buying rate for cable transfers in the different countries
give below
FOREIGN
EXCHANGE
CERTIFIED
RATES
FEDERAL
RESERVE
TO
BANK
194^ TO JUNE 30,
24,
1949,
TREASURY
UNDER
Poli-New
TARIFF
ACT
1st
1930
OF
INCLU3IVE
June 24
$
For certain industrial products—:—.
0
June 30
June 29
June 23
''<£r,
vv/vtv
$
$
$
$
.297733*
.297733*
.297733*
.297733*
.251247*
,251247*
.251247*
.251247*
.200000*
.200000*
.200000*
Australia, pcund
Belgium, franc
\200000*
J
3.209600
3.2G9600
.022750
.G22750
.022750
.022125
.022075
.022031
.054406
.054406
.054406
.054406
;
■
,
1.000000
1.0G0O00
1.000JGO
,966718
.950312
.942500
Ceylon, rupee
.501166
.301166
,301166
.301166
020060
.020063
.02C060
.020000
'
.208535
.206535
.208525
.203535
Official.
,004671*'
.004671*
.004071*
.004671*
Paga
*2418
mortgage
Free
.003030*
.003032*
.003032*
.003030*
1st
'
India, Dominion of, rupee
Crafts
Normar.
Canada, Ltd.—
4%"s, due 1950
.301678
.115624
,115624
.115636
.376085
.376133
3.988136
3.988200
3.988240
3.990090
New Zealand, pound
'
Closed
3.557620
Norway, krone
.301673
;
4%
mortgage
income
.278228
.233629
4.007500
4.007500
'
.
mortgage
6 'fe
Creamery Co.,
4.027890
White
t Application depends upon type
thousands
of
,658300**
.588223**
♦Announcement
4.030000
.658300°)
Ji,
•_
,561799*t
.531799**
(—) since
June 22,
June 30,
1949 :>
1948
;■/ $
./'V:,;;
VW: 33,999
$
22,651,429
R.
'
588,722
.
$
1,009,259
+
150,315
—
V
474
—
+
25,821
115,317
—
8
+
982,338
+
5,571..,.
520,560
—
.
$6,921
—
34,999
281,591
advances
1,000:
;• +;
23,240,151
cash-
377
—
securities:
4.520.120
-—
.-Certificates
6,857,100
Notes
488,000
+
.
v>
+
—
7,780,200
-
securities.
19,516,529
—4,056,752
15,000
;
359,100
Total U. S. Govt,
.531909*t
.531909*t
—1,608,700
j
152,100;
—
+ 1,574,519
350,900
Hh
2,241,093
+
—1,849,840
districts.
Total
Due
loans
from
F. R.
Other
securities—
19,667,318
foreign banks
Notes
Uncollected
Bank
and
of
other
169,652
—
—1,965,334
108,302
2,330,939
—
premises—
32,595
assets
113,512
and
2~965
_
member banks follows;
101
+
3,079
+
311,156
—
34
—
2~634
+
372,851
—
21,100
—
*
..
-
assets
45,779,957
512,995
—
*
1
<
v
v; ;vv
June 22,
—1,286,896
Reserve
notes
Deposits:
23,317,411
U.
S.
Treasurer
acct.
18,012,905
acct.
gen.
497,109
507,153
—
J
451,371
—
434,401
+
Loans
__
301,464
623,878
and
11,154
—
•r,
30,398
+
deposits.
19,468,538
Deferred availability items
Total
,2,123,146
incl. accrued divs.
liabilities
17,070'
_4_
"■
2,770
'
—
296,870
—
304,436
2,293
+
capital
./Loans
.
*
V '
i.
.
.
to. brokers- and
•
+
.4.449
•
U.
.
518,547"
—1,389.280
y Real
'466.711 '
:':0
...v.
U.
48
i'1
+
+
_
6,444
18.522
—
;
154,554
+
5,504
77~418
+
45,779,957
v.
S.
on
S.
+
0.3%
1948,
+
+
328
328
23,861
96
1,063
179
.
.
446
67
_
WiS;
421
;••+
r:
changes shown in the last cloumn
instead
were
of
based
June
23,
22
3.931-
82
—
7
.
:3oi
+'•:'
951
117
:
11
—
'J0
on
as
comparison
indicated.
on
with
—
this
page
figures
.
4,199
last
of
for
JQne
.
Federal
Reserve
Banks
.
;___
..
domestic banks.—
V"
1,491
—
> 68
192
+
...
4,529
-13,475
13.475
'.69
'
■
27" v;+
+■"
—
174-
the
ended
June
brokers
following
22:
and
An
dealers
;
Government
reporting member
System in leading cities
principal changes for the week
increase of
for
and
$413,000,000 in loans to
purchasing or carrying United
other securities; decreases of
$352,000,000 in holdings of United States Government
securities, $525,000,000 in demand deposits
adjusted, and
$680,000,000 in demand deposits credited to domestic
banks; and
increase of $584,000,000 in
borrowings.
Commercial, industrial, and agricultural loans de¬
creased in six districts and
increased in the other six,
an
Government
Toreign banks
Borrowings
American
Fork
4%%
314
34
273
Co.
&
Hoe
46.315
„
American
Ice,
Piano,
Class
7%
6%
Cd.,
deposits
994.
.
preferred
Anheuser
Euseh,
Animal
Trap
$4.50
30c
9-15
8-31
7-15
6-30
25c
-62%
_
Power—
Gas
Bathurst
Class
Co.
Co.,
(quar.)
.
+
__
1,334
l__;
U.
8,087
S.
.
;
.
690
+
23 ; :
+
584
—
IV
0
J
-
,
67c
Watch
W.)
Z
43%c
■
(quar.) I, :
Brandon
(quar.)
Below will be found
and
common
a
list of corporate bonds, notes,
stocks called,..for redemption,
including those called under Sinking fund provisions.
The date indicates the redemption or last date for mak¬
ing tenders, and the page number gives the location in
the current volume (except where
indicated) in which
details_were
given in the "Chronicle.",
/
;
»
Canada
Class
Castings,
Class
A
8-31-
8-31
-
6-3®
8-
1
8-
1
7-
1
6-2®'
7-
I
6-2®
-
7-15
8-
1
2
7-12
1
6-2®
8-1
7-11
$1
7-1
6-24
8-2
7-15
7-
„
L,
50c
8-16
7-2®
*25c
7-25
7-
7-
•
Ltd.
7-15
7-15
(irreg.)
5
Inc.—
^^
$1.50
(quar.)__
;"$1.5®
1
$1.75
—
common....
Company,
7-15:
7-
25c
7%
pfd.
(quar.)
Ry.
7-2®
1
7-20
8-
50c
6-30
1
8-
-
1
8-
25c
(quar.)___
1
7-15
8-15
7-3®
*20c
3-
1
7-15
*38c
"
8-
1
7-15
* 8-1
7-15
*20c
(s-a)
:
75c
ltd.—
Oil
9-16
8
Corp.,
Cos.. Ltd.
9-15
8-29
tl834c
Co.,
7-30
7-
Ltd.—
(quar.)______
Investors
9-30
*37y2c
Converters
Canadian
7-
:
-
-
(quar.)
Canadian
7-29
$2.50
(s-a)
Forgings,
6-15
12"2C
&
7-1
-
Co.—
(s-a)
Foundries
Canadian
1
l;
6-30
*50c
Refrigerating & Terminals
A
10-
--
8-
Co.__________
preferred
1;?;■}<■ 7-2®
10-
'
70c
Camden k Burlington
County
5%
6-24
8-
$1.12%
I
Linen Mills, Ltd., common
$1.50 1st preferred (quar.)
80c 2nd
partic. preferred
(quar.)__
Common
6-24
25c
(quar.)
Caldwell
Camden
7-2®
J
50c
A
Brush-Moorc Newspapers,
6"k
preferred (quar.)
M.)
•
8-
.1/ 20c
Pulp & Paper Co.,
(A.
6-24*
50c
-
(quar.)." '
(quar.)
Byron Jackson. Co.
6-22*
/
7-1
.
75c
Motor
Byers
com.
(quar.)
class
preferred
5
50c
Brochway
6%
7
8- 2
1
" "
$1.50
Roofing Co., Ltd
Light Co.___.__
Steel
7-
*$1.75
Gas
Buckeye
7-;
8-2
l
*$1.50
4
^
Yards,
(quar.)
4 Vj % preferred
Corp.,
•
6-23 V
$1.50
Co.
Boston Edison Co.
7-15 "
Vi7-
.75c
i
(quar.)
Co.
7-
7.25
ft- 1
35c
62X/2C
preferred (quar.)
Stock
preferred
7rl5
1
9-1
25c
V;
—
____!_—
(E.
-
I
7-15
7-25
&-
7-
6-2®r
'7-29
t3?yac
common tquar.)____
preferred (quar.)„:—
Telephone Co. of Pennsylvania.(quar.).
&
1
Co.—
(quar.)
Works
7-5
~
7-
"-50c
•
7-29
7-25
$i
•
6-23
6-15-
7-11
10c
7%
Brockton
Redemption Galls and Sinking Fund
■0:-0:00 Notices
If
lQc
Belding-Cortlcelli, Ltd.,
Brantford
23.00C
_
f
7-
'
Beaux-Arts Apartments, $3-prior pfd.
$6 1st preferred (quar.)_
Bobbs-Merrill,
474
>
_____
Corp
convertible
Benrus
Govt., accounts,
V
1
*12%c.
177
17
I
1
15c
Covp. (quar.)
Associates, common (quar.).__i
501
122
680
7-
8-
50c
common
7-12
7-2®
$2
12'/2C
.
(quar.J.—
Railroad
7-29
9-
(quar.)
Power & Paper
Iron
7-12
I
1
50c
Petroleum
T-7%
:
$1.50
„V.
,
(quar.)
preferred
'
1
9-
*15c
*$1.12l/2
f Extra
5%
1
9-
7-18
*25c
Works
A
1
l.i.
8-
'$1.12%
(quar.)..
—
lion
8-
*
commrn
Extra
Mfg.
8-1
7-13
1
8-
c
$1.12Vi
preferred
Light
preferred
9-1
8-
.
(quar.)
Ltd
Rubber
Barcalo
Bell
5
8
6-27
12y2c
Voting Machine Corp. (irreg.)
Badger Paint & Hardware Stores iquar.)
•
8-
7-
6-30
Inc.—
Automatic
Bath
8-31
7-29
-
__
Steels,
6-28
75c
& Hegeman Electric (reduced)
Topeka & Santa Fe Ry. (quar.)..
Atchison,
6-28
6-uO
$2
(quar.)
conveitib'.e
7hl
7-25
V 6-30
$1.75
....
America,
Electric
000\-
25c
l__
preferred
*
$1.50
7-21*
25c
Arrow-Hart
Atlas
V
non-cumulative
Co
preferred (quar.)
Corpcration, Ltd.,
Belt
1 Beginning June 30, 1948, individual loan items
are
reported gross,
i.e., befcre deduction of valuation reserves, instead of net as pre¬
viously reported. Year-ago figures have been. r.d justed to. a gross "'basis.
the
7-18
$1.12'/2
.(quar.)
preftued
4V2%
7-16
7-28
(quar.)
of
7-12
50c
L
Inc
Co.
6-21
1
' 8-15
Smelting & Refining Co.,'common
Steamship
Bliss
___
8-
"
75c
common
preferred
6-21
'7-27
12V2c
..
—
1st
Belmont
430
1
(quar.)...
Bromptor.
preferred
—
* 7-29
1
7-
;
class A
B
Extra
:%o8> •; +
7-
15c
(quar.)
Holdero
1
$1.50
(quar.).
(quar.).—.
American
428
525
When
8-
(irreg.)
(quar.)
preference
American
186
—
when
Payable of Rec.
Effective July 1 name will be
changed to
True Temper Corp.
.
—
and
during week
Per
15c
pld.
pfd.
Distilling Co.
578
+
8
.+
2,023
'
week
$1.75
(Va.)
American
v;v.j •' ,4
V
Interbank demand deposits:
Domestic banks
interbank
Corp.
Can
431
514
the
Share
—
——
15,318
S.
Stone
American
Bay
+
in
Corp...
6%
Amalgamated Sugar, 5%
•
r
28
Albcrene
Beacon
+•
•
"General Corporation
our
Department"
v
Appliance
Paper Mfg.,
preferred
(quar.)
7%
354
—
292
—-
—
in
name
Albemarle
197
352'
—
26 061
.
2.
+
34.515
2,224
.
2,529
+
The condition statement of
weekly
banks of the Federal Reserve
shows
*2689
169,
.
44
5,279
!
—
—
Volume
^
216
234
+
V; 204
bonds
with
226
■.
93
—
4.112
,+.(3.6%
Condition Statemeni of Member Banks
States
!
vaults
U.
i
+
tin
Name of Company
Air-Way Electric
Argus
266
209
;
wic'n
in
Balances
Indus¬
2,283
statement
*2758
1
The dividends announced this week are:
$4
J—j—
loans
Reserve
j"-*.
;
accept¬
trial loans
NOTE—The
1
5
payments iymany cases are given
company
Investment News
declared.
1948
3
836
Government securities—'Total—;;
Liabilities—
54.3%
5,175
make
Oct
July
Aug
are
past dividend
under the
4Vz%
+
806
—
purchased for foreign
correspondents
Commitments to
16,
1949
(in millions of dollars)
02.606
pur¬
Treasury bills
•*__
Terasury certificates of indebtedness
Treasury notes
U.
—1,285,896
-
;
combined-
issue,
and
23,
*
liabilities
Contingent liability
week's
512,995
gold certificate re¬
to deposit and F. R.
serves,
*2532
we show the dividends
previously announced, but
which have not yet been
paid. Fm-ther details and rec¬
Baldwin
loans
Cash
—
for
___
27,543
accounts
*2643
which
ord of
Attleboio
Government-obligations
estate
June
carrying:
or
S.
dealers
Loans to banks—
Other
+
we
Appalachian
agricultural
__
251,889
:
204,984
Total liabilities & cap. accts.
of
and
Other securities
Other loans for purchasing or carrying:
f; • ; U. S. Government obligations.
707,439
—
,—
,
industrial,
Other securities
ances
.
I..--—,————
'
44,926,165
a
Capital Accounts—
note
—
Other securities
Capital paid In
Surplus (Section 7)
•urplus (Section *13b)
Ratio
■'•"0
0?Z'
13,292
;
Other
V-VVvV
101 903
+
14,650'
—
Ccnuaercicil,
—1,430,450
chasing
Total
,
Investments—Total
•Loans—gross*
„
Other liab.,
*2419
1
8
DIVIDENDS
current
5%
Inc. (+) or
Dec. (—) since
23.562
—
Foreign
Other
80,461
+
—
«
Member- bank—reserve
this
,
June 15,
1949
Assets—
LiabilitiesFederal
30
grouped in two separate tables. In tho
bring together all the dividends announced the
we6k.
Then we follow with a second table in
Common
'
-
'
•:v/'
Total
in
V
American
Borrowings increased $487,000,000 in New York City
$42,000,000 in the Chicago District.
A summary of the assets and liabilities of
reporting
49
banks
items
—Jun
Aug
1951-July
.561799**
.531909**
resulting in a net decrease of $93,000,000 at all report¬
ing member banks; the principal changes were decreases
of $68,000,000 in New York Ctiy, $14,000,000 in the St.
Louis Dsitrict, $10,000,000 in the Dallas District, and
$8,000,000 in the Atlanta District.
Holdings of Treasury bills decreased $183,000,000 in
New York City, $73,000,000 in the Chicago District, and
a
total of $292,000,000 at all reporting member banks.
Holdings of Treasury certificates of indebtedness de¬
creased $62,000,000 in the San Francisco District and a
total of $117,000,000 at all reporting member banks.
Holdings of United States Government bonds increased
$68,000,000.; Holdings of "other securities" increased
$27,000,000.
Demand deposits adjusted decreased in most of the
districts; the principal decreases were $132,000,000 in the
San Francisco District, $95,000,000 in the Chicago Dis¬
trict, $84,000,000 in New York City, and $58,000,000 in
the Kansas City District. Holdings of United States Gov¬
ernment deposits increased
$122,000,000.
Demand de¬
posits credited to domestic banks decreased in all
"
Bonds
stock
of merchandise.
crease
;VV 1949
Assets—
Govt,
preferred
.588223**
.531909'**
dollars)
June 29,
S.
July 15
.658300°t
,583223**
V
.561799"*
7
Increase (+) or de¬
,'v.' Tv
Bills
1
V-
4 007500
4.028125
4.G28164
.(^SOO**
Reserve Banks Combined
U.
7%
1
Sep
Virginian
.233629
first
loans
1957
Steel Co., mortgage bonds, due 1951
Corp., 5% serial notes, due 1957
Sewing Machine Corp., (l preferred stock
.278228
'
4.007500
.588223")
Statement of Condition of the 12 Federal
and
due
Page
*2745
1
-"—Sep
1952
bonds,
.471833
.471833
.233629
.531; 09* t
Discounts
B
Scul'in
.278228
peso
Industrial
bonds, due
Street Corp.—
income bonds
Public Service Co., 7%
preferred stock
Peoples Bridge Corp., 1st collat. lien 5% bds., due
.471853
peso
reserves
A
scries
Kevanee
.471833
4.027500
.658300* t
.588f23' t
.561799*1
Total gold ctf.
series
Walnut
Kershey
.233629
Closed
Ltd., prior preferred stock_Aug
Co.,
mortgage
Dividends
Other
CALLED
'
;
notes
*2639
.201580
.278228
4.007500
peso
F.
July 15
.497420
.471833
peso
for
ISSUE
*2753
1962
due
.040323
.278228
*242®
July 20
.497500
.201530
*2425
1
1
Date
Paper
Fifteen Hundred
1st
1
___-
.040328
233629
fund
;
.497500
.201580
.497500
.040323
Switzerland, franc
Union of South Africa, pound
United Kingdom, pound sterling
.301673
*2532
July 18
.040328
.201580
201580
497340
.040325
peso
Straits Settlement, dollar
(Sweden, krona
.301678
&
1st
.376100
.
Power
1st.
.115636
.376100
Redemption
—Aug
1975
debentures,
ENTIRE
Broadway-Cooper Corp.—
.115622
certificates
3%
.003030*
-
.376085
Gold
15-yr.
Abitlbi
.301678
(in
due
*2754
$.2647
of
Co.,
.004671*
Mexico, peso
♦Nominal rate,
i
Company and Issue—
'
Netherlands, guilder
Uruguay,
Uruguay,
Uruguay,
Uruguay,
"
bonds, series A, due 1970—
Aug
Building, Inc., 3 V2 % bonds, due 1954__Aug
mortgage
Van
France (Metropolitan), franc—
Philippine Islands,
Portugal, escudo
/
3(4%
.203535
.
-.0
RR.—
.020060
Denmark, krone
*2758
*2521
ref.
Union Gas-Co.
.301166
Czechoslovakia, koruna
.—July 21
PARTIAL REDEMPTION
mortgage 33/a%> bonds, .series A,
Southwestern Gas & Electric Co.—
1.000000
.950406
_
*2755
Date
and
Textile
1.0OG000
.957500
-
_
July 5
July 26
England-Theatres, Inc.—
00.
1st
Official
Paga
6
;
1949—
1st
Canada, dollarFree
vvvf','
—
1,
Corp., capital stock
mortgage 3% bonds, due 1971——
Southern Pacific Co., San Francisco Terrniaa1—
.G22750
.022150
054406
-
In;
Nov.
Coke*
1st
3.211150
3.209576
.022750
.
Brazil, cruzeiro
Closed
.200000*
.022200
3.209160
1-
——
Foreign "bank notes"account
&
July
—
mortgage bonds, due 1958——
1st
.251247*
—.
—
due
Coal
Chicago & Western Indiana
,297733*
Date
bonds
mortgage 4'/.% bonds, ser. D, due 1962_$ep
1
Deerfield Packing Corp., 334%
debentures, due 1982—:_Aug
1
McCord Corp., 10-yr. 4 fa %
debentures, due 1956
Aug
1
Monongahcla Ry., 1st mtge. 3y<s, ser. B, due
1986—Aug
1
Fhiliips Petroleum Co., 2%%
debentures, due 1964——July 15
Safeway Stores, Inc., 5% preferred stock
Oct
1
Southern
Counties" Gas Co.—
'""V*•.:
Money
June 27
June 25
*
income
Apartments,
bonds,
00 '
Noon Buying Rate lor Cable Transfers in New Yorlc
,
8%
Company and Issue—
Value in United States
Country and Monetary Unit
Argentina, peso—
For "regular" productsFor "non regular" products
4%-4Va*/c
1
BV
JUNE
ofjihe world. We
Pennsylvania
record for the week just passed:
a
,
-v /
Power Corp.—
mortgage
Commonwealth
to the
TENDER
Company and Issue—
Carolina
Ltd.
(quar.)_____
*10c
(quar.)
Co. of Baltimore
(reduced)
Carolina, Clinchfieid & Ohio Ry.. (quar.)
«8-
1
„
__
»
$15
$1.25.
®
7-n
*20c
Canton
"7.15
.
x
K6-3Q
6-29
.
„
Jk ft
*
-THE ,COilMERCIAL~&-FINANCIAL
^Volume. 170 J Number 4817
.
Per
•<
Carpel Corporation
*
Carreras, Ltd.—
*
'
*
Interim
:
-
|unerican
deposit
reoeipts
*
Carson/Pirle, Scott & Cor,
<
Central/Cold
•
for
.'
'
4%^* pfd;
Investment
31/lOc
$1.12%
9-
(quar.)
1
9-1
13c
8-
1
7-11
———
$1.12'/2
7-
1
6-24
$1.18%
7-
1
6-24
7-15
6-30
(quar.)
$1.19
(quar.) s
15c
55c
8-15
1
8-
7-15
7-
1
50c
7-15
1-
8
25c
7-21
7-ii
7-15,;
6-27
'
10-
*$1.25
7-15
•-60c
$1.50
£
1
7-
9-. I
-$1.50.
>
'•7-* 1
7-15
,
.
Paint .& Varnish,
845
,
'■& aDeerfleld- Glassine
% Delaware
7-12
7-15
64(0
'■7
l
,
J6%
8-12
>
7-20
1
!
"■■Ik 5
7-
6-15
1
-•
7-15
>6%
preferred
6-20
6-30
,«
2
TFernie
(B.
C.)
Tlbreboard
ccm.
7-29
8-
'
'
First
Trust Fund
7<*15
8-2
7-15
8-
7-15
2
i r
7-2
t$3
Fort
\i 9?15
*$1
9-
1
8r15
8-
3
7-
.8-
*25c
*25c
.
15c
1
8
1
Madison
8-19
1
7-15
8-
8-
8-15
$i
1
6-28
$4
:
1
745
8-
C 15c
8-
7-
1
75c
7-15
*80c
7-
2
*
7-
2
6-15
'$1.50
8-
1
7-16
:
•.
l
70c
:
7-
1
National
New
"
7-15
7-15
7-
1
;<
If 5
8-15
8-
,
1
7-
5
7-
2
(
6-25
<317-1
;
6-30
V
;
,
2%c
$1.50
;
'
12%C
•, 25c
—
7-
7-15
1
6,-27
<
7-
1
■
6-28
6-30
25c
8-
12 %c
:
8-
$i
1
15C
6-30
15c
7-20
6-20
6-30
7-
10c
.
7-25
50c
8-15
"8-1
320c
compion-———
8-15
7-
8
7-
9
*$1,25
5
$1.25
1
•
7-20
150c
-•78-
7-
•
37 %c
,
Grand
Union Co. (quar.)
(IL L.); Company, Inc.
Green
Greenfield Gas Light—
6% ncn-cum. preferred
Halle
preferred
—
:
—
(quar.)________
Hartford
Hartford
Steam
Co
ance
"
Gas
&
Electric
Home Telephone &
Ind.)
(quar.)
Horn &"Hardart
5%
preferred
:
6-24
2
7-
2
6-24
I
6-30
25c
8-26
8-
50c
<
8-
7-15
,
1
*75c
60C
68%c
50C
7-15
7-15
6-30
7-15
8-
.
; 8-
8
7-
21 %c
7- 5
25c
7-15
7-
15c
8-
7-15
t
50c
6-30
6-27
8-15
8-
20d
7- 2
6-24
40c
7"
6-20
1
3
Telegraph Co. (Ft. Wayne,
$1
:——
common
—
50C
IU5
6-27
6-30
8*-l
'$«
1
-
1-
;
'
8-
;
1
•*
7-
8
8-
1
7-
8
8-1
7-
8
62 %c
7-15
0-30
'
7-20
(7-20
$1.50
-66 Vic
:
:
8-
7-
.
7
7-15
1
v.
9-
9
8-31
*
8-
9
•
*
•
6-23
7-29
7-15
20o
6-30
6-27
7-29
7-15
9-
8-10
1
7-15
-
0-30
8-
1
7,-15
7-
25c
^6-15
.
6-15
6-30
25c
6-10
6-"l
7-15
7-1
8- 1 1
8-1
f-15
,50c
50c
—
,
6*30
8- 1
* 7-15
t
•
class B .(s-a)
8-15
9- 1
*
7- 6
7-15
7- 1
6 -29
i
6-29
7-1
8*: 9
7*15
6-15
7-1
7- 1
7-15
7-15
<
7- 5
<
6-27
6-30
'
' 7-15
25c
-
f* 8
7-28
<■
.
__
7-15
7-15
40c
;
6c
v
7- 7
7-11
i
6-30
<
(s-a)——2%c
7-11
6*30
$1
7-1
6r22
Co.
.
-
$1.12Va
$3,70. preferred:,/quar.)
<"92%c
$3.50vpreferred (quar.)—
<87%c
t Union:OR Cc. 'Of California (quar.)
62%c
1 United.,Air Lines,r
Inc.*, 4%%. pfd,:<(quar.).
81.12%
United.Aircraft Corp.—
7 5 %. ^convertible preferred (quar.)
$1.25
.United:'Biscuit Co, of America, com., (quar.)
•
»25c
,3 $4.50t preferred;, (initial)
,
65c
•> $4.50 preferred .(quar.)—
^
$1.12%
; .United .Brick $r. THe______ .50c
■1 .United
Cigat-Whelan Stores—
? $3.58 convertible preferred. (quar.)__
187%C
United -Molasses^ Ltd.—■
American deposit receipts (interim) ______ 15
3/10c
United Shirt Distributors,- Inc. (s-a)
,50c
United States Cold Storage Corp., common..
50c
4% .participating..prior preferred,/quar.)_
'50c
Participating
12c
U. S. Radiator Corp., 6% pfd. (quar.)___*
,75c
Untied Transit CoM 5% preferred ,/quar.)__
- 62%c
Virginia Coal & Iron Co
' $1
Wall Street Investing Corp.——.
r 6c
VVarner Company
25c
Wayne Knitting Mills (,quar.)—-35c
Welsbach, Corp., class A common.____
-25c
WentWorth Mfg, Co. (quar.)—
12y2c
West Jersey & Seashore RR. Co.
(s-a)__i
$L50
Westerri New York & Pennsylvania Ry. Co.—
1
6-
,
.
8-15
7*30
8-15
7*30
8-15
-
7-30
8-10
741
9-1
848
*
,
,
'Common
(s-a),
57c „preferred (s-a)_____________________
'
$1.13%
6
Western
7-20
pacific
8-15
9- l
8-17
9-1
7-15
7- 6
10-15
10- 5
6-30
6-22
'8-1
7-15
7-5
7-20
5^24
'
,
7* 6
6-30
8-24
6-30
.
fir2 4
6-30
8-
,
6-24
.
1
8- r
9-1
7-11
7-15
10t 1
7-20
-
>15"
8-19
,7-
1
<7-1
9*16
7-15
741
8*20
8-1
<7-
6-15
1
75c
9-
9
840
Westmoreland,; inc.
25c
8-10
7-13
■Westmoreland Coal
/ 15C
7-25
7-15
$1.25
7-14
•
Whitehall
7-
25c
7-
Cement
(qu'ar.)—
25c
Co."
8-
28 %c
1
York
1
;ft-31
\ $1
$3.50
Mfg.—
8- 2
7-15
\
6-24 j_
;
al5%
& Tcwne Mfg, Co.____
Vates-Amerlcan Machine Co.
7-20
8-
9-15
ri>
9^:13
6-30
County Gas
9- 9
7-22
7-8
75c
'
7- 1
10-1
25c
(qqar.)
8-22
25c
Yale
9-21
10- 1
10-1
(Alexander, 5s James)
"Ordinary (interim)
93%C
-
$1
1st preferred (accum.)
Wool worth (F: W.) & Co., Ltd.—
0-20
1
•
> 6-30
8-15
■
6-30
7-*l
75c
7%;
5
7-1
$*.25
'
Wood
»■
1
$1.50
(quar.)—
RR.
8-
$1.75
.
Public-Service—
8-1
7-15
7-15
20c
7-30
7-30
186
7-11
0-30
2c
7-11
6-30
7-11
6-30
8-15
8-1
35c
6-29
6-21
Abltibi PowerPaper;C0„ Ltd,—
$2.50 prior preferredl (called for .redemo-
$1.12%
7-15
7-1
ticn^qn Aug. 1 at ,$37.50 plus this divl-
75c
7-15
7-
8
Abraham
50c
745
7-
5
Addressograph-Multlgraph Corp.
Chemical- &
v...
Fertilizer Co.———--'
convertible, preferred (quar.)__—__
4%%
fan American; Life Insurance Co.
i leans) ,(s-a)/'
7-15
8-15
8-
Below we give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
dends announced this week, = these being given in the
1
7-30
1
7-13
8-
Per
Name of Company
7-20
I
*
Co.,
common
92 %c
Chocolate—
Purity
Flour
Mills, Ltd.,
1
1
Allen
Co.
8-1
8- 1
7-15
25c
6-30
25c
9-
Rhode. .Island
Electric Protective
—
Rising
5%
7
8
7- 8
\
$1.10
8-t"
7-
8
$2.50
•
7-T
7-
1
'
v
7-20
6-30
6-15
7-
1
6-15
8-1
10c
50c
1
7-12
•8-
$1.25
'
00c
8-
$1.17%
7-12
1
25C
*$2
8-1
7-
7-15
:
-
1
7-15
7-15
8-
1
*25c
9-
1
8-12
*87 %c
8-
1
7-
8
50c
8-11
7-14
12c
7-11
7-
1
—_
Russell-Miller Milling, 4%%
Sanborn
—
8-1
7-15
1
7- 5
7-15
7-25"
-
25c
0-24
7-8
25c
7-25
7- 8
'
•
10- 1
$2.50
f
-50c
8-15
v,
'
9-15
8-
1
3C
7-15
15c
,* 7-15
£2?
75c
7-20
0-20
37 V2C
Aluminum Co^ of Canada, Ltd.—
.4%. preferred
(quar.)
9-10
8-15
*
*25c
Amerada Petroleum Corp.
(quar.)
^.American Air Filter, common (quar.)_^___
$7 preferred (quar.)
American Alliance Insurance (N. V.) (quar.)
American Book Co. (quar.)__—
American Bosch Corp., common.
5% preferred iquar.)
American Car,, & Foundry—
.
,
7% ,non-cum preferred .(quar.)
/American .Coal Co. of Allegany County
American Fidelity & Casualty Co., Inc.—
Quarterly
:
American Fidelity ,Qo. (Montpelier, Vt.) —
Quarterly
American Fruit -Growers, Inc.__
________
American Gas„& Electric Co.—
Increased quarterly
American Hide & .Leather (year-end)
.
9-1
8- 3
7-29
75c
•
25c
•
7-15
7- 5
6-2°
7- 5
6-20
25c
7-15
6*20
$1
8-1
7-22 '
25c
7-15
7-
$1.25
8-31
8-15
$1.75
________
.
1
7- 6
8.28*
7-15
7-
15c
7-11
6-30
15c
7-15
7-
25c
7- 8
6-24
9-15
8-16
7-29
T-
8-1
7-14*
7-15
6-30
$1.75
$1
..
.
American
Home
Products
Corp.
(monthly)-
$1.00
7-
6-27
American Machine & Foundry Co.
3.90% preferred (quar.)
—
25c
7-
1
0-27
American
8-
1
7-11
15C
pfd. (s-a>„—
—
5-31
15c
(quar.)_—
13c
Paper Co., 6% preferred (quar.)
funding (quar.)______——
8-12
6-24
7-5
7-
■
6-16
:
,
75C
50c
5
1
7*
*
Rockland Light & Power Co
Russeks Fifth Avenue (quar.)
7-12
1
11c
$1.50
a
(quar.)
Map Co
1
50c
Co—.—
Rhodesian, Selection Trust, Ltd.—
•American shares certificates-^
Rice-Stix, ,Inc.
,
8-1
8"
$1.07%
.
_L
1
Industries
Allied Stores Corp.,:. common,.(quar.)
Alpha Portland -Cement Co
£-10
95c
___________
,
6-20
9-
$1.10
common—-——
(quar.)
1
$i.ooy4
_____
(quar.)
.
(reduced)
-
8
T'\i
9
7-20
Inc.—
8-
7-
l
7-25
<7-
7c
8-
9-
20c
3iy4c
1
Common
;____
Inc.______
8-
7-22
5
7-30
35c
;
8-
*2lc
5c
1
1
Bolderi
Payable of Bee.
$1.25
"
(quar.)____
9-1
6-24
8-
.75c
t
Fund,
Inc.——
9-1
7-15
7-
37%C
(quar,)—_____
Straus,
___!
Ainsworth Manufacturing Corp. 4quar,)
Air Reduction Co„ Irfc. tquar.)
Akron Canton & Youngstown RR. Co.—
5 % r preferred
(s-a)
Alberton, Corporation
All Pphn Oil ■& Qas (quar.)
7-29
10c
; 5%
preferred .(quar.)
—
Pennsylvania Electric, 3..70% pfd. C (quar.)
4.40% preferred B (quar.)
r
—
Pennsylvania Power, 4.25% pfd. (quar.)
Perry-Fay Co.
———— _____—
Philadelphia Co., 5% non*cum, pfd. (s-a)_
Philadelphia Electric, 3.80% pfd. (quar.) __
4.30% preferred (quar,)——
4.40% preferred- (quar.)—_
Philadelphia & Trenton RR- (quar.)
Phillips-Jones, 5% preferred (quar.)—
Pictorial
Paper Package Corp
&
&
^Affiliated Gas Equipment,
,
v
\When
,
6-21
7-1
Share
<
Affiliated
50c
'
-
7-13
8-1
preceding table.
7-15
8-
(New Or-
——
Red a 1 Pump
,
6-29
7- 1
3iy4c
$1.25
ElectrlccCo<, of Missouri—,
$4.50> preferred (quar.).
:
3
■
—.—
6-29
-
7-19
7-29
$1
'
6*20
15c
,
4
7-1
$$1.25
6-15
7- 1
(
6-30
6-30
,6r20
,
6*30
,
10-14
"40c
$1.75
7-11
7-30
,.;62y2c
7-1
.7-. 1.
.7-1
.
8-15
8
6r 8 >
6-30
$2
$4
,
8-15
-
6-
,
3
7-15
9-1
9-1
9- 2
6-27
£7-15
.i
6-22
8-1
'
Sunshade
,7.-15
17'/2C
$1.25
25c
,
preferred
i 6-20
40c
$1.25
Reading
5
$1.25
''
.
3V/sC
37%c
50c
6-28
[,
8-25
10- 3
6-27
,
Union
>
•»
Servics—
Redeemable preference
5
7-15
8-
5c
<
*50c
5
7-15
<
56y4C
>
■
7-
Troy
<8-15
945
5%%.-convertible
v
6-30
•7-
4745
12 %c
Oglethorpe Fund, Inc. (Savannah, Ga.)
7-15
l
•»'
-7-: 7
$1.50
•
3.60 % preferred (quar.) ___
4.70% preferred (quar.)
—_i
:_
Prentice (G. E.) Mfg. Co.—————
Price Bros. & Co., Ltd..
6-24
6-30
25c
(quar.)
10c
-
25c
(Potomac Edison,
6-24
7-15
Co. (N. Y.),
60c
$1.25
*
Planters Nut
7-15
40c
—
7-
1
6-30
68%c
(quar.)
<6*30
V $1.50
^
+
8
1
8-
& Insur¬
;
(quar.)
Hawaiian Electric, j5% preferred B (quar.)_
AVa% preferred C (quar.)
——
*
5%-preferred D (quar.)
:—
Hayes Manufacturing Corp.——* —_—
Hendey Machine, $2 class A (quar,)_——
Hercules-Powder Co., 5% preferred (quar.)
Holyoke Water Power (quar.)
J.—
Home
7-
.
(quar.)___________
Inspection
Boiler
9
,7-15
50c
8%'- preferred
(quar.l
Electric; Light
7-20
25c
_
6-24
10c
75C
(quar.)
(accum.)
common
25c
*5c '
Peabody Coal
" ;
;Brpthers Co., $2.40. conv. pfd. (quar.)
(quar.) _——
Gas,"
7-15
$1.06 y*:!,
—
8-15
"
(quar.)_______
Hartford Electric Light Co.
Hartford
-'7-15
1
•
Carbon
Trenton Chemical Co., 6 %
t
1
8-
f
*30c
*50c
,
1
7-1
6-30
,$2
$1.25
.
.
Traders-Building '.Association,. Xtd..,/quar.)
7-15
37»/2c
(quar.)
8-15
7-
•
1
8-
Ltd-._'i-«.—
9-15
—~
Guardian, Realty Co. of Canada—
7%
8-
25c
9-15
2
Thermatomic
6-20
7* 1
f 75c
r_
$1
*$1.50
preferred (quar.)_—
Inc.—
1st
,
6-28
_____
<
pantex. Manufacturing, 6% preierred (quar.)
Park & Tilford, ,Inc. (quar.) —
.
8-15
7-
7^ 5
.
<•
Engineering -Works—-—
Reduced
1
7-30
7-15
4
$1,50
—
$1.25
*50c
6-25
-7-; 1
75c
Farke. Davis & .Co.———
t9-
645
■i
'
8-15
*62 %C
r
>8-
1
panhandle Producing & Refining Co.—
-
*62 %c
6%
r
7-
;
•J 7-29
60c
v
1
.$1
(quar.)---.——.
Grand Industries,
;
6r28
6-28
7-
<4.90%-preferred !/initlaLquar.)—$1.22%
Sterling Srewers, Inc.
i
25c
Stonega Coke & Coal Co. (quar.)
; $1
: 'Stovel * Press, Ltd.,
5% «onv_M pfd; (quar,) __
*12%c
iStrathniore Paper. Po.,,common ,(quar.)____
25c
.4'. 6%
preferred .(quar.)—
$1,50'
4Stroock ,(S.) ^ Company,, Inc.
—_
, 50c
Taunton, Gas ..Light
(quar.)—
$1
Telfair-; Stockton & Co.. .(initial)
20c
(Thatcher Glass Mfg.—
4 $2.40 convertiblOr preferred, /accum.)
* * 60c
_
7-20
9-1
__—
■f.
5%
7- 1
7- 1
—
A 6-21
.8-15
^2%c
.
Pacific. Portland Cement Co-__~—
Packer Corporation (quar.)———
8?
6-22
1
8-15
preference
7-11
1
7-20
745*
,
10c
50c
—_
6-15
.
,
$1.50
.
—
4
7-t 1"
"
-
8'/2C
preferred (quar.)
Northern Indiana Transit (quar.) ___________
Northland Greyhound Lines—
.j 3%%. preferred
(quar.) — _—___
Northwest Airlines; Inc.—
^ 4.6%
.convertible preference (quar.)——
Nurn-Bush Shoe Co., common (quar.)—_
5%. preierred. (quar.)
______________
^
7-18
8-
15c
4%
•
8r 1
Springfield Gas< Light Co—
Pacific'Coast Aggregates; Inc.—
6-27
8
15C
,
.
1
8«
8-
$1.50
_
Light Coi (quar.)
Mills——_—______
Worsted
Jersey
Pacific
6-20
,
50c
<
Goodyear Tire & pubber Co. of Canada, Ltd.—
*
v
5
<
,
"
7-
Texas—
;Goodall-Sanford/ Inc., common /quar.) ,.
-I 4% .preferred
(quar.)
Goodyear. Tire & Rubber, common (quar.)^$5 convertible-preferred
(quar.)
—__
I
7-15
1
7-20
35c
Goodall Rubber Co.
7
(d«ar.)
...
5%
(quar.)
6-22
*7-
9-1
...7*; 1
10C
»
^
0-21
7-1
75c-
.
•
i
$3
"%■
__
Godman ^R. C.) ; Company__^—,—
;
(quar.)—
Ltd.; 5% pfd.
50c
25c
Oilgear -Company
(quar.) ——
50c
Oklahoma Natural Gas, common (quar.) — '■/:'
£ 59
%c
f
4% fe - preferred A (quar.)——
$1.12%
Oliver Corporation, 4'/2% coriv. pfd. (quar.)
50c
Oliver United- Filters, Inc., class A (quar.)
50c
j
Class B (irreg.) ___________—________
$1.25
Outlet
Company
—
<
:
preferred (quar.) __,__^_r-j_—
Gladding, McBean:& Co. (quar.)
-Glatfelter (P. H.), 6% .pfd. ,(quar.)___;
: ^
'::
6-21
$2.50
_
General' Steel ^Wares, Ltd.,
.
1
7-15
r
►
$1.50
;
Co.
Orleans Public
k Northern
7- 5
,f
7-15*
-IOC
/
Foods Corp., common (quar.)_____
General.Mills, Inc. ((quar.)--^-----^--™-^-
-
7-
-
$1 '
$1.50
:
preferred (qiiar.)—.^——
New Process Co., 7% preferred
Norfolk & V/estern Ry.rCommon (quar.) ____
4% adjuftment preferred (quar.) —_—___
i
7-15
—
Oii
6*22
40c
j
4%
V
General
i
Tank
(Win.),
Calumet -Mines,
Northern ,Indiana
Common (quar.)
6% convertible preferred ..{quar.)
piude
.7-14
8-
$2.50
Research-—_____—
&
New
0-30
69C
preferred
General
1
7-1
,5C
New Bedford Gas & Edison
6-24
w
8c
Company, 5% preferred (quar.)___
Gardner-Denver Co., common
(quar.)
,
^ 7-14
8V/2C
Erie Corp., 1st
■;■
preferred-*..—— & $2.50
$1.50'
preferred
50c
National Folding Box Co.—.i—--20c
National -Mallinson fabric? Corp.—_—
Neilsor
'
&
Gabriel
j
,:.8- I
2nd-
National Securities
t
*
«
0*30
.
«■
6-27
8-10
(quar.):
^StandardSteel; Spring,^ common /quar.)
4 4% convertible.preferred (quar.)_—
State-Street Investment Trust (Boston)
r, Staten* Island i,Edison Corp.—
1
6-15
_
$3
(quar.)
General American Oil Co. of
7-31
50C
Narragansett Electric, 4!/2% pfd
(quar.)
^National BiECuit pocommon- fquar.) __^___
;
7% preferred (quar.)_—^—___
'
6-30
12 %C
4%
425c'
'
7rl8
1
'
;i.40C
prior-pfd.
7-12
.7-1
50c
Spokane Portland Cement-.
i
7- 5
8-15
8- 1
,
..
9
7-22
640
7-15
;
Shares„.^
r.. .»♦
8-
60c
7-
7*20
8-13
$ 1.50
;
Fulton Bag &, Cotton Mills——
,
6r25
7-20
preierred A
6-30
9-1
37,%c
Sioux pity Stock, Yards Co., common
$1.50, participating preferred (quar.)
Smith; (J. Hungerford) Company (quar.),
Smyth, Mfg. Co. tlrrcg.)
South .Atlantic Gas„ .common (quar.)
; 5%
preierred. (quar.)___
L.
______■
Southern /Bleaqhery & Piece, Works (quar.)_
Southern rCompany (quar.)
Southern States Tron Roofing—
,-,5% ^convertible preferred <quar.)__
Southwestern Bell ! Telephone
—
/
6*20
.
6-29
4reduced) -,—i_———
Industries
New
Brewing Co
:
,
*743
'•■'■
■
7-15
8-29
50c
(quar.)
& Schmidt
1
1
1
7-15
$1.75
5%
Fuhrmcnh
1
8-
7-30
'
7-15
1
8-
65c
-
.
Frick
,
"8r
7-1
•
6.-30
7c
25c
.,
,
65c
Nationa1
preferred -(s-a)
Company,
common—,_—
6% .preferred
(quar.) _______—
Frontier Industries, Inc. (quar.)_^—_______
^
25c
.
1
9-1
6-30
7-15
_______
8-10
£ 8-1
6-22
$2.50
(quar.)
Co.—™~—^
Avenue,
9-
,.$1.50
*
7-15
9- 1
/
17c
preferred-,.——
Fox De Luxe Brewing Co. of Michigan—
400
,8-10
$40c
______
..
Pitt Brewing
9-1
*$1.75
Mississippi Power & Light, $6 pfd; (quar.)_
Missouri Utilities-Co., common (quar.)
—
5% jjreferred; .(qu^r.) —
__————■
^ -Montana
<Power4 $6- preferred (quar.)
Morrell (John) & Company (reduced) ______
Morris Plan Cbrp of America, common.—
$2.2^> preferred* A (quar.)—_—
Mountain- Slates^Power; common (quar.) „t
< 5 %
preferred < (quar)
w t Mountain^States Telephone. & Telegraph—
6*30
-
10-
*$1.62 Vi
$20 par
stock held
■Foster & Kleiser Co.
7-11
6-30
.
'
V 7-' 1
cOne share of new 5 %
i
1
v
convertible preferred
for each 10 shares of common
;■
1
8-
.
(quar.)_——
Products, Inc.—
Mutual
9-
:
^Miller JSs Rlioades, 4Vi% pfd. (quar.)
---Minneapoiis & St; Louis*Ry,_—
8.
8- 2
Fftchburg Gas & Electric Light,^_,__,„—.
Flour Mills
of America
(stock dividend) —
*
7-15
■■
prior preferred (quar.)
Firemen's: Insurance Co. of Washington
Georgetown <s-a)
6r30
-Midwest "Rubber -Reclaiming <■(quar.) ^___i—
"
7-
3
ft
Middlesex1 Products
»
*20C
*37 Vic
V6%
/
„
.
:vMid-Ccntinental-Petroleum-Corp.-(quar.) _1_
7-15
8-25
8-
Maule
t
(quar.—
Brewing Co., Ltd. (annual)
4%
9
6-30
,
60C
:
; ^.Medusa
"*75c
>
:
_
JPederal Services Finance Corp.,
7-
7-15
12c
/quar.)
-Maine Certtial^RR., 6
*
Industries, Inc.Spott Paper, $4; preferred (initial)-—,
Security Title: Insurance 8t Guarantee. Co.
(Lo* Angeles), common
3% participating preferred (s-a)
Participating
j
,4% prior preferred (s-a)
.Shaffer Stores, 5%,, preferred (quar.)
,,Shav/inigan Water & Power CO., com. (quar.)
6r20
1
7-26
50c
________—
'"McKales," rlnc. (reduced s-a)
- Portland:' Cement———
"'-Michigan Seamless Tube..——.
6*30
*
*75c
.
(accum.)—
Dlastic Stop Nut Corp. of America—
i.Exeter & Ifampton Electric Co. (quar.)——.
Eaber, Coe & Gregg, Inc., 7%. pfd. (quar.)_
Falrtaff Brewing Corp. (q'uar.)
7
6-20
7-15
•
•,
^preferred. B
.
7.
,
25c.
,
.8*30
*
49c
—.'
—
JMaytae Cp., $3; preferred (quar.)
r
l'$6 1st preferred 4quar.)^^__—
'-"McCali ^Corporation- (quar.)__—_—
*40c
*
'
series'
;
<£6-22
; *30c
________
Street Ry.—
7-1
6-30
30c
Lykena Valley RR. & Coal .Co*. (s-a)
v
7-i 8
>'
7-
*37 Vic
%
8-15
M.
•
Manhattan Bond Fund—______c__
.
Ltd.—-•<
^Eastern Massachusetts
.
:
v8-12
1
.7r30
N/ C. Transportation—_____—,
&-W.
846
'
:i o-1
,
60c
^Dominion Woollens & Worsteds, Lid
:Dow Drug 'Co- (qn»r.)l-'._J.,..^-..-r-Duccmmun Metals '& Supply Co. (quar.) —r
Dwight Wtf^. Co'..—
—
■£: T.
1
9-
25c
t
«
*
9-
ioc
*
:1———
r,'Dominion*Scottlshf Investments, Ltd.t'5%. preferred (accum,)
v -Dominion Steel &" Coal,
Ltd., class B (quar.)
*
;
$1-,.
; '-£ 2nd (convertible
j
8-16
30c
;
Dominion .Fabrics, Ltd.,
common,.—.——
;'06%' 1st*redeemable preference (quar.) _—
preference /quar.)
rDominion Fire Insurance Co. (Toronto) (s-a)
"Dominion* Gas & Electric* ~i% pfd. (quar.)
*
9-1
*
*$1.25
.
Eridge, itd. fquar.)—
preferred (.accum.)
?6%
845
1
31»/4C
Ludlow Typograph, $6 preferred——^
Lukens; Steel Co.;quar.)____—_1—_
»!
£12 Vic;
State;'Telephone-Co.- ■ (quar.)
__
v. Disher Steel, Construction CO.; Ltd.—
"
r
(/ 7$X.5d convertible class-A preference (quar.)
/ Dominion-
8-31
75C
,
Diamond
"Dominion Coal Co.,
\r 9-15
*37%C
_—<- ——-
-
; 6-20
1
9-
$1.12%
Telephone, 6% preferred (quar.)___
5 Dbuisianat:'Power :&? Light, $6 pfd. (quar.)
6-30
.
7-15
—
Lorain
-7-15
25c
(quar.)
ft Delta Air I ines (resumed)
1
9-
'
—
I4nk Belt >Co.
U
25c
Railroad '• (s-a)
-
7-
95c
.
7%
15c,.
.
CO.—*.
Delaware Power & Light
„
,
$J
—
1
8-
-$1^.
commorMQUar.)
_____„_
6-14
'
preferred (quar.)
— ----i Corrugated - Paper -Box Co.,- Ltd., -common- j
preferred .(quar.) ___—
De, Vilbiss Company
6-22.
6-29
$1
_
$3 prior
..
6-30
.
,
Cook
30c
(quar.)
:
prelcrred,, (quar.) j..
—
; Lane Company
1_
■I.Lawrence Gas. &,"Electric—
Lazarus :(F* & R.l & Co. (quar.)
Lee Rubber & Tire Corp. (quar.) —_i
p Lewis "Brothers;, .Ltd
;/Lincoln. Printing. Co., common__________—_
*$3.50 preferred
(quar.)
Lindemann (A.. J.), & Hoverson Co., common
5% preferred (s-a)
——1
I Line Material "Co.^
6-22
7-15
7-15
Shenley
$4.50
,
—1
~< quar.)—
25C
.
v
6-30
13c
2
:
,20c
22%c
*
$1.50
_______
"Common
.
7-20
7-30
'
50c
,
Lake of the Woods Milling Co.," Ltd.~
-Inc.—-
^
S.-4
Kroger; Company
9
(Consolidated Royalties, Inc.—
»
= •
i< -Participiitirig ^preferred, (quar.)___/
r Consumers
Gas^ Co. (Reading,-Pa.)_
v
7-15
8-
7Vac
;
Kress (S. H.) & Company (quar.)
;
,
$1.75
(quar.)
1
-
50c
.Series
7-20
-
(Quar.)
"
7-f 6
*25C
Heating
6-21
6-25
■■*>—■——.*
Consolidated- Car
,7-2
(quar.) r______
common
$1.25.preferred (quar.)
Keystone Custodian Fund,
6-28
6-30
$1.12 V2
Composite rBond & Preferred Stock Fund—
f
-Quarterly
--—■■
Concord: Electric. Co., common—.,
{ ■/~6% .preferred;(quar.)
Connecticut River Power, 6%< pfd. (quar,).
'Consolidated Bakeries of Canada, Ltd.—
"
20c
(quar.)_—
:
6-17:
1
7-15
*
(N. -Y.)
a.
•__
(quar.)^^_.
:——
CombinedEnterprises, Ltd., 5%- pfd. - (quar.)
'.-^Quarterly
6-21
;
'j Kennedy's; Inc.,
7-1
Bottling
Colonial Mills, Inc.
*■%
7-20
7-
$3
-
Engineering-Superheater,
7-20
-20c
Coca-Cola
^
7-20
$3.50
*
:•/Cdmbuston
7- 2
Steel—
(quar.) i-i————
preferred
f
(s-a)
Co., com..-.
t'*4.50•* preferred* (quar?)
Clinton Water Works, 7% pfd.
<
6%
7-30
$1
(e-o-.1
-
20c
Kansas City Title fi Insurance Co...—*___
i Kansas Power & Light, 4%% pfd. (quar.)..
7-30
;
$1
City & Suburban Homes Co.. (special)
Electric - Illuminating
7-11
When
Holder*
Payable of nee.
r
"Kansas" City Structural
9 45
1
7-30
15cv
'City of-Paris, 1%. 2nd preferred
Clevela nd
10-
25C
-
7-15
6-28
8-
25c
•
1
7-1
56 %c
of Brooklyn
8-1
_
3.80preferred
5% preferred B iquar.).-—
preferred1 B -<quar;)
_——
'Cherry-Barrell Corp,, common -(reduced) —
4% preferred (quar.)
—
«preferred '-(series of -1947) - (cuar.
Cincinnati. Union Stock Yard
*
-
Corp.—
4 v2 %* convertible preferred-fqu&r.)—
j.
6-27
66 7/l2c
Per
Share
San Diego Gas & Electric, com. (quar,.)
,, 5 %
preferred (quar.)
i
4Va% preferred (initial,qpar.)—
-Sargcnfe & Company (quar.)—
,-Sayre & Fisher, Brick Co. (quar.)
—
.rScrenton Eiectjic Co. (quar.)
—
Shaffer Stores,-6%r preferred (quar.)
—
77II
8-
'
Name of Company
7-. 8
1
.
50c
;
—
8-15
9-15
-5%
( Citizen* Bank
6- 2
7-5
y-''
Holder»
7-15
6-30
$1.15
) Illinois Power Co.* common (quar.)
4.70%
pieferjred
(initial)
Inter-Mountain Telephone Co., com. (quar.)
6 % non-cum^ preferred (quar.)
i International Resistance" Co.—
,
6% convertible .preferred iquar.)
Investors Mortgage Co. (Bridgeport) (quar.)
'Isle Royaie Copper
(partial/liquidating)
Jersey Farm Baking, 4% preferred (quar.)
; Kansas City Power & Light, 4% pfd. (quar.)
•
-(45) -45
-Payable op-Bee*
25c
.
Chase Candy Co.,
"
1
Houdaille-Hershey. Corp.",:
;
; Illinois -Bell Telephone Co. (reduced)
—
4 % %' preferred- (qucr.)
:/ 47. %• preferred (quar.)-—
Store
6- 2
50c
^Central 'Kansas -Power, 4% %--pfd.
Chain
3
class
'Central' Hudson :Gas & ElectriCj-com.
4
26 7/10C
Co. ^
Storage
7- 5
*
A
-
Share
.Name of Company
^
6-17
'
.
receipts 'lor class
--IiLl
_i_
6-30
When
Per
Payable of Bee.
25c
(quar.)
'
deposit
"American;
*
Holder*
When
.
.Short
Name of Company
*
CHRO*/ICLE
....
$2.25
$1
7-15
7-11
1
6-28
7-15
0-30
8-
Maize-Product3
Co.,
1
common—_
American Metal Co., Ltd.
4%% preferred (quar.)_,—
10c
97 %c
25c
$1.12%
r
7-15
,
9-. 1.
7- 1
J 8-22
"American National" Fire "Insurance Co.—
Quarterly
IOC
7-13
5-2(|
46
Name of Company
Natural
preferied
6%
common
(quar.»
*
(bi-monthly)
Company
American
News
American
Phenolic
Corp.—
(Abilene, Kan.)
American Telephone Co.
American
Woolen
$5
7-15
7-
Centbal
7-15
7-20
Class
8-1
7-
7-
6
$1 50
8- 1
$1.50
11-1
$1.50 1-31-50
15c
7-11
7-
9-
8-15
7-30
40c
9-
$1.50
$1.75
9-
1
8-12
9-
$
8-12
Goods Corp., common (quar.)
preferred (quar.)——.—,
preferred (quar.)
Associated Telephone Co., Ltd.—
Associated Dry
1st
2nd
4'A%
convertible
$1.20
Avco
Co.,
Corp.,
Mfg.
Backstay Welt Co.
—
—
'
—.——--
7%
preferred
7%
preferred
6%
participating
Bankers Trust
(N.
Y.)
Telephone Co. of Canada
Coca-Cola
77-
Columbia
5
8- 1
5
6-25
Columbus &
A
Blue
Ridge
Bon Ami,
class A
Concord
Borg
6
6-24
6-24
7-15
6-30
Connohio, Inc.,
7-30
7-
Consolidated
9-
8-12
8
9-
Bralorne
7-15
1
4%
6-30
8-
7-15
7-15
6-15
$50c
7-30
8-
7-22
7-
7-15
7%
6-30
7-25
7-15
Brantfcrd
Cordage
(interim!
Co.)
'
$1.30
7- 8
7-29
7-15
25c'
7-16
7-
20c
7-21
6-30
$10c
7-15
6-25
1st preferred
Ltd.,
$12'Ac
7-15
6-20
$32V2C
7-15
6-20
4/
_
(quar.)_
com.
(quar.)—
•
—
Bridgeport Hydraulic Co. (quar.)
Bristol-Myers Co., 334% preferred (quar.)—
British-American Tobacco Co., Ltd.—•
Ordinary (final)
Ordinary registered (final)
40c
7-15
7-
10d
7- 8
6-
6%
(quar.)—
Budget Finance Plan Inc., class
Extra
Class
A
preferred (quar.)
Burns & Co., Ltd.—
A
pref.
A
pref.
Class
B
Class
B
7%
com.
(quar.)
Corp.
(no
A
Class A
$3
dividend
01:
'fractional
California
$3
pfd.
Oregon Power Co.,
$4.70
preferred < (quar.)
6%
preferred (quar.)...
•7%
preferred
5%
Canada
$1.30
Canada
75c
8
-1
Portland
7-20
7-15
6-30
$1.50
(quar.)
7-25
7-11
9-20
8-19
<
preferred
1
7-11
8- 2
7-
6
11- 2
10-
8
7-15
(s-a)
7-15
7-30
6-30
7-15
(quar.).-1
$$1.12V2
Ltd.
1
III
(quar.)
tioc
+52
S% Pfd- (duarT
37'Ac
37 v
__
&
Light, common (quar.) "I
Carpenter Paper Co.,
4%. pfd. (quar.)__._I_
Carreras Ltd.,
ordinary A (interim)
/ Ordinary B
(interim)
_
a
50c
$1
■
I2y>%
4%
preferred
Celotex Corporation, com.
5%
preferred
(quar.).
Central Aguirre Sugar Co
Central Fibre
Products
(quar.)
(reduced
II
quar 1
_
_
~
"
_
6-28
7-22
7- 8
7-22
7-
7-15
7-15
9-
1
12-
7-
preferred
IIIIIIHIIII
9-
1
1
9-30
9-17
General
9-30
9-16
General
1
9-16
Class
Class
1
1
7-
1
8-
7-11
$1.25
7%
1
Ltd
$35c
7-22
6-30
$50c
7-25
6-30
Co.,
•7-25
1
8-15
7-
7-15
7-25
&
7-
5
8-15
8-10
50c
11-15
50o
9
1
v.
6-30
■
8-
3-1-50
2c
8-
9
2-6-50
10c
7-15
8-
7-30
6-30
7-29
A7-17
8-31
8-17
1
*
,
"
•
Class
$$1.25
Co.,
Linoleum
Co.,
Lakes
West
Engineering
Harbison-Walker
preferred
Shaffner
(quar.)
$$1.75
(quar.)
Co.
Bradstreet,
(quar.)
20c
&
for
Co.,
Ltd.
ordinary
East
Coast
Pennsylvania
7-30
7-
8
7-30
7-
8
7-15
6-30
1
1
7•
1
7-
&
Marx
preferred
Steel
$1.12'A
7-25
8
7-25
87 'Ac
7-
.
7-
8
Electric
5%
Co.
1st
pfd.
(quar.)
RR.
(ouar.)_
7-15
6-15
7-25
7-9
7-19
7-
6-30
A
(quar.)
preferred B (accum.)
6-15
6%
6-15
Ekco
6-15
4y2%
7-
5
6-15
Electric
preferred B
Products
Co.
preferred
Boat
Co.,
$1.50
—
9-
1
12-15
12-
1
8-
1
7-15
$1.50
11-
1
10-14
30c
(quar.)
Elgin National Watch Co.
9-15
$1.50
$1.50
(quar.)
8-
1
7-15
8-
$1.12'A
preferred
(quar.)
Corp
(s-a)
Co.
(quar.)
(quar.)
1
7-15
50c
7-11
6-24
15C
&-21
9-
1
Terminal Railroad Co. (quar.)
Imperial Tobacco Co. of Canada. Ltd.—
4%
preferred
(quar.)
Incorporated
25c
7-29
7-19
7-15'
7-
8-
1
7-15
7-5
6-17
7-15
7-
1
1
7-15..
6-30
7-25
6-30
8-
1
7-
8
8-
1
7-
8
8-
1
7-
1
50c
7-15
6-30
7-15
6-30
12'Ac
7-15
7-
7-
9
6-24
9-12
8-12-'
&
$$l
15c
7-
9
6-30
25c
8-
1
7-20>
56'Ac
Investors
8-15
8-
I
50c
>
Illinois
(accum.)
$2
Brick
7-15
9-12
9-
2.
$1.25
9-30
9-20
$1.25
preferred (quar.)
preferred quar.—
Illinois
1
$2.50
$1.25
7-15
3-
25c
(quar.)_
7-18
$$1
7-15
933Ac
common
7-30
Securities
8
7-25
70c
Refrigerator Co., com. (quar.)—
preferred (quar.)_.
Sash & Door Co., common (quar.)_
preferred
8
7-
37'Ac
25C
5%
6-25
7-30
lc
Hussmann
5%
7-14
7-
$1
s-a)
5-20
Hydro-Electric
1
7-25
50c
(quar.)
(increased
5-20
1
8-
7-3C
$5c
—
7-11
5%
6-28
25c
'
Electric
Huttig
7-19
35c
334% preferred (quar.)
Howe Scale, 5%
preferred
$2.25
6-30
6-23
5c
common
30c
(quar.)__
(s-a)
preferred
5
Corp.,
6-30
7-15
9334C
7-11
re-'
(s-a)
6%
5
Y.)
7-15
7-18
$1.25
preferred
Finance
6
7-20
25c
Ltd._
(N.
1
7-
1
40c
12%
deposit
*
6%
5
Insurance
11-
$1.12»A
...
Motors Co. (reduced)..
Bay Mining & Smelting Co., Ltd
Hurd Lock & Mfg. Co. (resumed)
(annual)—
Massachusetts Ry.—
preferred A (quar.)
7-
;
(quar.)
(quar.)
Co.;
8-
12-
,7-15
•
Hudson
Eastern
7-
-
$1.50
Amer.
Bakeries, Ltd.—
\
participating preferred
7-
Bell
9-
9-20
4
15c
(quar.)w^
Howell
9-
7
1
60c
8-19
I
9-
1
8-
50c
9-20
30c.
9-15
10-
$1.12'A
—
9
•
1
Co.—
9-30
(quar.)
6-20
Canada, Ltd.
(quar.)
Co.,
(quar.)
convertible
Household
7-15
$1.50
Products
preferred
5%
6-30
8-
50c
preferred A
Hibbard, Spencer, Bartlett & Co.
Monthly
L
•_—*
Higbee Company, common (quar.)__^._^_i___
Home
7-20
$30c
(quar.)_
7%
5
Eastern
25e
7-15
of
$1.12'A
common
7-20
East
7-
7-
Co.—
(quar.)
7-11
2
7-15
7-15
7-15
•7-15
8-15
15c
3%
preferred
Duplan
2
11-15
$1
Bonus
6-
8-15
1
'
(E.
Dunlop Rubber
ceipts
1
6-28
1
25c
Hines
(Edward) Lumber Co. (quar.)
Hoe (R.» & Co., Inc.. $4 class A
(quar.)
Holly Development Co. (quar.)_^
_•
Holly Sugar Corp., common (quar.)
9-
7
—
Highland
12-
8IV4C
Y.)
6-15
7-15
40c
A (quar.).
preferred (quar.)
Furniture
Si
2
$15c
(increased)
preferred
4y2%
8-15
7-
$15c
common
(N.
Corp. of America
4'A% preferred (quar.)
5%
—
2nd
6-30
6-27
7-
8-
56'AC
Co.
Hat
7-
,
L
Harrisburg Gas, 4'A% pfd. (quar.).
Harrisburg Hotel (Pennsylvania)
Harrisburg Railways Co. (s-a)___
8-
1
7-15
•
\
A
(quar.)
$25c
9-15
25c
(quar.)_
$25c
6-28
8-
8
40c
Refractories
7-15
7-29
1
7-
10c
Alabastine
$35c
,
I
7-25
Works
common
$25c
7-
$1.12'A
1_
Company,
$40C
7-11*
.
$25C
Lime &
Hecht
$37'Ac;
1
8
Co., Ltd.—
Tanning Co. (quar.)—
6-28
.
8-
7"
Felt
Griess-Pfleger
7-15
Ltd
1
7-25
-
30c
$25c
(quar.
8-
7-25*
7-r
;
Insurance
Inc.
(quar.k.-—'
8-15-
11-25
Industries
8
6-30
6-30
12-15
Hayes
7-
6-30
1
$25c
8-15
1
8-
7-25
V
6-30
8-
8* l ""
>8-1
25c
(quar.)
quar.)
(quar.)
(quar.).
Co., Ltd.
$1.25
Stores—
6-30
:
.
62'Ac
(quar.)_.
(increased
1
$$1.25
6-29
8-25
Great
Hercules
.6-29
9-15
7-15
8
7-15
7-15
50c
(quar.)
7-15
1
6-29
$50c
87'Ac
common
$44c
common—
(quar.)
common
(quar.)
preferred
334%
6-15
7-15
$1.50
Quarterly
V 6%
7-11
5
$25c
American
Gypsum
7-11
1
7-
(quar.)
A
$2.25
1
8-
|lv37 V2
common
$12'Ac
...
9-
6-17
8-
$1
...
*
—
6-30
Company, Ltd., class A (quar.k_«
Common
Great
(quar.)
...
Hosiery
&
preferred
(quar.)
Ltd., common
Grayson-Robinson
Hart,
Corp., Ltd.—
common
I.) de Nemours
$4.50 preferred (quar.)_
$3.50 preferred (quar.)—.
.
State
Gotham
6-30
8-15
7-11
7-20
6c
Ltd.
Quarterly
$17'Ac
' •
$6
Inc.,
$4.50 -preferred
Quarterly
20c-
,—Ij*
9-19
7-25
$2c
(quar.)
Brothers,
7-15
1
'7-18
'
(quar.)
Corp.,
•
9-1
75c
_
Foods
Great
7-
75c
6-28
1
8-.1
$1.25...
(ouar.)
preferred
Golden
11-10
$2
1
3-
$$2.50
Service.
AGordon Foods, Inc.
6-20
50c
8-
87'Ac
,
'
Public
6-27
6-24
Co. Ltd.
Industries
Pont
4%
.y
7-11
7
1
6-30
10-1
933Ac
Mfg. Corp.,
prefeired
Grafton
50c
12-
7-15
50c
r
(s-a)
prefeired
$3.50
7-25
9-
12-201
$50c
preferred
General
7-25
■
1
60c
.
Products
$5.50
$4
'
Chemical
preferred
Drexel
Dun
'
8-
8-19
15c
Co
Gimbel
8-15 '
6-22
9-10
$2
1
8-15
'
7-15
$1.06'A
common
8-
>6-15
7-15
7- 7
$3.50
(quar.)
Gillette Safety Razor
Co.,
$5
preferred
(quar.)
81
7-15
7-29
30c
■
common-.
1
-
7-29
7-29
55c
25c
*
Transportation—
A (quar.)
7
$2
(s-a)
8-11
9-1$
30c
8-
7-
25 c
(quar.)
I
1
20c
7-
12'Ac
Quarterly
du
1
9- -1
25c-'
(quar.)
9-
10%
1
9-
8-20
11-20
10-
1
7-21
,
$17'Ac/*y.:/?!$ll-
—
(quar.)
Dow Chemical Co.,
$4
.
10c
$37'Ac
1
1
37%c
Petroleum, Ltd. (initial)
General
9-15
7-15
5%
'6-30
8-
9-
12-
$1.12'A
"
B
8-15
5
$1.50
A
2
7-15
6-30
$1.50
Motors Corp.
$5 prefeired (quar.)
$3.75
preferred
(quar.)
7-
10-
6-20
"
General
8-12
7-15
10-
$1
■;
;
$3.50 preferred (quar.).^
General Investors
'■"I
Trust
(Boston)
(quar.).
5
'
common
8-
6-15
Baking
$8 preferred
5
...
...
Co.,
Corporation
Duquesne Light Co.,
7- 5
General
8-12
9-
93%c
(quar,)..
Dominion Textile
6-
^y2C
A
:
Focds,
/.
Stores, Ltd.
6-24
(quar.)
Electric
General
*
Oilcloth
30c
(quar,).—
General
7-15
2c
(quar.)—.
(quar.)...
Dominion Tar <te
8
_
€7o
V ' 6-30
8-15
7-
...
prefeired
preferred
3^
(quar.)
7-11
7-
Corp
Ltd.,
6-24
7. 7
1
Malting Co., Inc.—
Light,
preferred
7-18
25c
Glass
7
(quar.)
American
6-23
$1.12'/2
—
pfd. (quar,)—
A—
......
Anglo Investment
7-
7-
7-
common
Ltd.,
1
6-30
2«>
<>71^
preferred
1
25c
Ltd.
7-20
50c
—.;
(quar.)
Gardner Electric
4
7-15
Inc
8-
7-
read
(quar4..
Canada,
&
preferred
8-
30c
Dominion
8-15
11-15
have
Co.
8-
25c
(quar.)
preferred
5%
8
6-15
(Robert)
6%
6-10
7-20
Co.
(quar.):
Dominion Malting Co.,
Ltd.,
6%
Extra
,
7%
7-
—
non-voting
1
7-15
Co.—
non-cum.
7-15
12%%
Co.—
<^n V0Ung (<JUar-f
«♦***&
-Common
7-15
7-
1
$ 1.12 Vi
■
5% preferred (quar.)
Dairies, Ltd.,
50c
■
Corp.,
1
7-
25c
Stores
&
Dominion
Ltd.—
+ a.
Lumber.
Canadian Western Natural Gas
Carrier
,
6-15
8-
7-15
$1
...
Dominion
6-30
$2%
::::::::
Power
A
$3.25
ciass b
Ca«JelFu,rth'
6%
preferred (quar.)
Dominion
6-30,
J20c
$17y2c
Gair
30c
Monthly
Monthly
1- 6
$$175
Wallpaper Manufacturers,
Western
2-2-50
1
*
Dominion
125c
' $25c
$$150
.
(quar.)
Pacific Railway Co. —
non-cumulative preference
Canadian Refractories, 4'A%
pfd.
4%
Carolina
7-11
8-
7-
$1.05
(quar.)
Manufacturing Co. (quar.)_
Dover
—i__
General Investments.
Ltd
I
Industries, Ltd., common (quar.)
A
1
7-25
30c
Products..
Shares,
7-15
—
—
Manufacturing Co
$50c
(quar.)—.
pfd,
6-30
$1
(correction)
(quar.)_____„
of
Grain
$2
Tunnel
7-15
$1
com.
should
Corp.
preferred
preferred
$4.25
A.
(quar.)
Mfg
6-30
(quar.)
Light Co.—
&
$25c
—
(quar.)*—
.Dominguez oil Fields—
Ltd—
Canadian
Class
8-
+250
Fairbanks-Morse Co.,
6% preferred (quar.)......
Canadian
6-22
$$1 25
'
Canadian
i
6-20
$3lc
'.' '
•
M
7-25
8-1
Fuller
ordinary
(quar.).—„...
Co.
7-15
65c
Companies,
General
—_
...
Co.
&
Match
Home
5%
$$1.50
Common
Canadian
7-30
$i5c
•
7%
8-15
7-22
'
■
(quar.)...
Yard
7-19
j25c
50c
Y.)
7-29
*
<N.
7-29
•
6%
Ltd., class A
stock
Canada
Dome Mines.
7-30
$1.80
Common
Canadian
6-30
8-22
90c
(quar.)
7-19
50c
reported in last week's Issue
Insurance Co. (San Fran¬
Oommon (quar.)
Stock dividend
8-19
6-30
$5
common...
Stock
Steel
Dodge
,
Northern Power
Canadian
8%
Dixie
6-30
8-15
$32'Ac
Cement Co., Ltd.—
preference (quar.)
Common '
7-15
7-15
62'Ac
(quar.)__
Corp., Ltd. (quar.).
Canada Southern Railway (s-a)
Canadian Bronze,
Ltd., common
5% preferred (quar.)
Canadian Dredge & Dock Co., Ltd.—
i
>. •
5
1
9-
9-20
!
(s-a)
Foundation Co.
6
7-15
$1
50c
(quar.U.
8-1!
I
$1.06'A
>
r;
preferred
Froedtert
for
*
Canada, Ltd.—
preferred
Fraser
Y.)
10-
Fund
prior
8-
participating preferred (s-a)
participating preferred (s-a)
Dividend
6-30
62'/2c
Cement
6%
7-15
40c
$1.17 V*;
common
Union
Detroit
6-30
...
6%
6-27
common
Diamond
6-23"
(quar.)"
com.
$50c
(quar.)
debenture
Edison
6-30
7-14
7-14
$1.75
Packing Corp.,
preferred (qunt.)
California
7-14
50c
as
Power
6-
(s-a)
40c
Foster-Wheeler
6-20
8-20
1
10-15
8-16
Stores,
(quar.)
of
payment
1st
4'A%
6-20
7-15
9-
7-15
1
(s-a)
(Quar.)_„>_„
Inc.—
Fitzsimmons Stores, Ltd.—
6% 1st preferred (quar.)_^
6%
1
11-
A
7-11
receipts
Michigan RR.. 8%
Mlg. Co., common
&
6-30
$2.50
7-15
25c
$1.31 y4
Detroit-Michigan Stove, 5%
5%
preferred (quar.)
6-30
7-14
$3.50
(quar.)
California
^
(quar.
7-14
7-8
Corp.—
(quar.).—
Detroit
6-30
25c
7-15
1
$$1.50
(initial)
Ltd.
Co.,
Detroit
6-30
7-14
1
Class
Florida
_
Detroit Hillsdale & South Western RR.
T-14
$1.50
cum.
California
•
B
&
Denver
6-30
25c
Electric Power,
Class
$8
8-15
25c
common
$5
Leather
Voting
;
common
A
7
7-30
8-
Canada
Firestone Tire & Rubber Co
First Boston Corp., common
9-20
8-
of
J.
(quar.)
8-19
,
Co.
(N.
9-15
8-
50c
A
....
Dayton
—
non-cum.
Class
■
7
9-15
cisco
$2.20
common
Corporation,
Detroit Gasket
participating...^,...
participating preftrred (s-a).
participating (s-a)
7% non-cum. 2nd preferred
(s-a)__,_
Calaveras Land Si Timber Corp.
(irreg.)
.
710-
1
Co.
9-10
50c
.
(quar.)
25c
not
5
10-
(ouar.)
;
preferred
7-18
.
common
Department
Dividend
5
7-
20c
Sugar Co., 7% pfd. (quar.
Sugar Co,, 5% pfd. (quar.).
Atlantic
Davis
7
10-28
7-
1
$1.25
8
$25c
Common....
Class
7-
10-
7-28
1
8-
$1.25
!
Package Mfg. Co.
Dennlson
7-28
10-28
"8-
6-18
——
5
10c
preferred A (quar.)
Davenport Water, 5%^preferred (quar.)—
Daviciton Brothers, Inc:
6-28
$$3.50
preferred (s-a)._
shares)
7-15
7-
1
10- 7
1
Filing Equipment Bureau,
7-30
8-
1
7-15
Co.—
Fidelity-Phenix Fire Insurance Co.'
- Quarterly
1
50c
3%
6-28
130c
"
7-
8-15
$1.75
6-28
$30c
:
1
11-
10-
Insurance
(quarterly*
preferred
20c
Cudahy Packing Co., 4'/a% pfd.
Cunningham. Drug Stores, Inc
Curlee Clothing, 4'/2% preferred
Cypress Abbey Co..
6-28
7-15
f30c
Butterfly Hosiery Co., Ltd.,
Byrndur.
7-15
.
8-
7-8
$2.50
Life
Insurance
Products
5%
6-25
Cuban
6-28
7-15.
$30c
(quar.)
(quar.)
7-11
Cuban-American
'
(participating).—
(participating)
:
Class
7-15
15c
'
1
8-
6-30
11-15
1
Y.
5%
preferred
Dana
l'Ac
—
1
7-15
Zellerbacli
8%
7-15
3yac
>
....
9-
4'A %
75c
'
N.
Common
Fibre
8-15
1
1
10-
Inc.,
(quar.)
Federated
common
common
Ltd.,
Co.,
Crum & Foreter,
6-30
1
414 c
—
1
55c
^
Corp.
$4 2nd preterred (quar.)
A—
$4.20 preferred
(quar.).—
—;
6-2
7-15
10c
...
.!
'-6%
''Class
(quar.).
(quar.)
Crown
6-30
8-
$$1.50
1
—
B
-Extra
7-8
8-
$40c
2nd preferred
9
7-
1
8-
$0.185625
—
2
1
7-
7-10
912-
(quar.)
Insurance
(reduced quar.)
a
6-30
$25c
(quar.)^
J26c
Traders
Fireman's
(quar.)
Crown Cork Sc Seal,
1
lOd
7-20
1
47'/2c
;
—
Bit
Creamery
6-30
7-15
$15c
6-
6-30
$$3.50
common
Electric
deposit
(final)
Craig
2
933/4C
British Columbia Forest Products, Ltd.
(s-a)
British Columbia Power, Ltd., class
A—
British Columbia Telephone Co.—
7-15
75C
(quar.)
Dubilier
American
7-15
7-29
preferred
7-29
$25c
pfd.
(quar.)
Corp.
Park,
Federal
$1.75
Refining,
&
Federal Fire
Y.—
(N.
7-29
■
Co., Ltd.—
preferred
Ccmmon
7- 6
7-11
37>/2C
....
Co.
(T. H.)
Brewing
4V2%
Fashion
12-15
8-
$20c
(quar.)——
(quar.)—.
A $5.25 preferred A
Courtaulds, Ltd.—
6-17
$1
20c
—
:
I
12-21
35c
Co.
Insurance
Products
Cornell
6-30
7-15
70c
preferred
Corn
1
$10c
Paper
Copper Range RR. Co.—
5% non-cum. preferred
7-12
40c
Ltd.
Corp.
*
...
Continental
7-15
-;25c
—
Corporation (quar.)
Property Trust.
Mines,
Dearborn
7-30
preferred
Farmers
6
25C
(quar
Consolidated Textile Co., Inc.
Container Corp. of America,
6-17
6-30
50c
W.)
Personal
preferred
7-29
8-15
8-15
$1.25
Ltd., 5%
preferied (quar.)
Falstaff
8-15
7-
2c
(quar.)
Consolidated Paper Corp., Ltd. (s-a)
6-30*
7-15
—
1
1
62'Ac
...—
Extra
1
7-
7-15
1
9-
$1.75
preferred (quar.)
Consolidated Mining & Smelting Co. of Can<ada, Ltd. (s-a)..
12-13
$3
(quar.)
....
40c
1
6-24*
$1.25
Mills,
Semi-annual
(quar.)
...
(quar.)
4.16%
7-20
8-
30C
Mines-
Consolidated Edison Co. of N.
3
45c
5c
1
30c
$1.90
J
(quar.)___^
5
7-29
3-15
37'Ac
jsoc
A
(quar.)
preferred A
5%
9-15
$4
preferred (accum.)
Power & Light—
preferred
(quar.)
$2 pieferred
(quar.)
$2.20 preferred (initial quar,).
6
40c
8-
4%
7%
7-
_
(George
Boston
Co,
8
20c
preferred A
Estabrooks
Connecticut
Gas,
7-
—
1
11.25
......—
Edison
(quar.)
prior preterred series
Esmond
Ohio Electric—
(initial)
7-
7-
8-15
25c
preferied
Syracuse,
—
Southern
7-15
50c
(quar.)!
Class B
$2
preferred (quar.).
Consolidated
common
7-20
$$1.75
(quar.)—
Brothers,. Inc..
Corp. (irreg.)
7%
A
7-15
75C
25c
.
B
$5
;
New
-
Class
Bloomingdale
Rexall
6-24
7-15
8
6-18
Co.—
Co.,
1
$3.50
10-
$1
—
Eottling Co. of St.
Foil
Consolidated
(s-a)
(quar.)
Best Foods, Inc. <quar.)__
Biltuiore Hats, Ltd., common
—
Lculs (quar.).
5% preferred (s-a)
Cockshutt Plow Co., Ltd. (quar.)
Cochran
8
Corp., $6 preferred (s-a)
Hedges, $2 conv. pref. (quar.)
Benson &
—
dividend)—
class
7-
._—„
Ltd., 7% pref.
Bartgis Bros. Co. (quar.)—
Baystate
Corporation
(quar.)—
Beneficial
8- 1
7- 5
7-20
7-
8-15
(stock
7-15
„
common
(quar.)
6-30
7-30
30c
Gas Co.
(quar.)
(N. Y.) (quar.)„_
Credit ~Coi p., class A
$5
Inter-Terminal RR.
7-15
20c
Enamel & Heating Products, Ltd
Erie Railroad Co.
♦
7-15
25c
$1.05
(accum.)
(quar.),
Barber-Ellis of Canada,
Bell
7-15
6-22
1-2-50
1
8-15
Clopay Corp.,
(Philadelphia)—
preferred
Co.
1
40c
7-23
9-14
preferred
Common
7-15
1
8-
83Ac
8-
7
35C
8-
(quar.)
15c
10c
-
$5
common
80c
7-
$1.25
Clinton Water Wcrks,
7-15
10- 1
6-30
8
8-
(quar.)
Corp.
8-12
8-
83Ac
7-15
8
56"Ac
1
Bangor Hydro-Electric Co.,
Bankers Securities
8
Corp.—
(quar.)
Class
$1.50
4%
preferred (s-a)
Cincinnati, New Orleans & Texas Pacific Ry,
5% preferred (quar.).
*
City Stores Co., com. (quar.)
Class A (quar.)
Clary Multiplier Corp.
6-15
1
6-20
6-
$1.50
*
8
6-
25c
7% pieferred (s-a)
Employees
1
7-
J25c
1
Empire Trust Co.
1
>■
Corporation
Gas & Electric,
Cincinnati
9-15
1
1
7-15
12'Ac
.——
Steel
4%
Empire
77-
.
1
1
Oil
6-20
1
8-
6-28*
6-28*
7-15
Southern
8
■
87»/2c
7-15
7-15
30c
(ouar.)
Brass Mfg., class A (quar.)
Millwork Corp. (quar.)
7-
12c
—
7oc
Phonograph
Empire
8-
Holderg
Payable of Rec.
goc
'
(s-a)_
&
7-
$25c
Co.—
preferred
Radio
Empire
10-14
25c
6% preferred (quar.)...
Baldwin Locomotive Works, common (quar,)
Porcelain
2nd
7-29
25c
30c
>
(quar.)
(quar.)
6%
Emeison
When
Share
6-20
V
8
25o
Commonwealth
Company.
Baltimore
I
7-15
$1
933Ac
lc
—-—■
Baldwin
4
6-
8
Inc
Company
7-20
5C
—
„
conv.
Extra
7-
40C
(quar.).
*—.
preference (quar.)
pfd. (quar.).
prior
$2.25
7-
7-
30c
—
Inc.—
Ayshire Collieries Corp.
7-28
$22'Ac
125c
—
5%
Atlantic
&
8-31
30c
——
Cincinnati
8
9-30
Nichols
1
(quar.)
6-24
10c
Austin
1
7-
1
Per
Name of
Ely & Walker Dry Goods Co.
7%
1st preferred
(s-a)
8'10
(quar.)
Common
10-
Corp.,
preferred (quar.)—
preferred (quar.)
City Electric (quar.)
Atlantic Refining Co.—
4% conv. preferred A (quar.)
3.75% prefeired B (quar.)—
Atok-Big
V/edge Mining
7-
7-15
30c
Y.)
(N.
Ltd
Co.,
Cotton
Chickasha
Common
$1.25
7%
7-15
20c
(irreg.)-
A
preferred (o.uar.)
Chicago Corporation (quar.)—
Chicago Molded Products
1-21
$1.12%
130c
6%
9-
40c
—
conv.
Chrysler
1
Bank
class
.—J
Steel
3'/2%
10-22
(quar t—
:
(quar.)
(quarjl
Corp.
Chesapeake & Ohio Railway
7-22
;
Inc.
Chemical!Furd,
8
7-15
8-
preferred
West
Corp.,
(Irreg.)—
B
Chasers,
.
7-7
7-19
$56'Ac
$15c
t$l
$5
South
National
Chase
1*
7-
4'A%-preferred (quar.)_
Asbestos Corp.,
Ltd. (quar.
Associated Chain Stores Realty Co. (Initial)
-
&
Power, com.
Warehouse
6-15
1
8-
7-15
50c
50c
prcfeired (quar.)„
preferred (quar.)
6% preferred (quar.)..
—
Angerman Company, Inc
—
Anglo-Canadian Telephone Co.—
4y2% preferred (quar.)
Anglo-Huronian, Ltd.
Anglo-Newfoundland Development Co.. Ltd..
Co.,
85c
(quar.)—
Central
6-30
$1.25
,
6%
Edison
Payable of Rec.
Corp.—
Ohio Light 61
Chatco
6%
Steel
preferred
Central
Monday, July 4, 1949
Holderg
5c
3.40%
5
<fc Smelting—
Hocking Glass Corp., common
Anchor Post Products, Inc.
Arizona
Power
7-15*
7-15
25c
$1.75
(quar.)_—
Anchor
Armco
Share
Company
Y.
N.
When
'
(quar.)__„
Cable Co
Wire &
7-15
Central
preferred
prior
Anaconda
Name of
7-15
1
7-29
$1.25
$2.25
(extra)
pfd.
7%
Co.,
Lead
Zinc,
American
Co.
Bottle
Thermos
1
8-
—
preferred iquai.)
American Telephone & Telegraph Co. (quar.)
5%
American
8-
30c
37'Ac
25c
10c
—-
CHRONICLE
Per
Payable of Rec.
Share
,
Gas,
FINANCIAL
&
Holderg
When
per
...
American
COMMERCIAL
THE
(46)
12-30
12-20
20c
8-
1
.$25c
8-
1
6-30
10c
8-
1
7-11
20c
8-
1
$25c
.8-
1
6-30
,
25c
7-29
50c
8-
7-11
6-21
-
6-29
Indiana
Associated Telephone Corp.—
'
preferred
(quar.)
Indianapolis Power & Light Co., coxa, (quar.)
Indianapolis Water Co., class A (quar.)
5%
preferred A (quar.)
$2
1
7-15
40c
7-15
7-
20c
9-
1
8-10
$1.25
10-
1
-
1
9-ia
THE
Number 4817
Volume 170
COMMERCIAL
FINANCIAL
&
CHRONICLE
(47)
47
_4—
When
Per
Name
Share
of Company
Industrial Silica Corp.-^ /
614% preferred (accum.)
Institutional
Insurance
,
/ 9- X
9-10
17c
Group shares
3o
——
of North America
Semi-annual
6-30
7-?l
,
„
6-27
7-11
40C
(quar.)
(1 prior preferred
Miller Manufacturing
Class
International Bronze Powders, Ltd.— '
:
6%
preferred
partic.
International
Business
International
(quar.)
Machines
(quar.)
9-10
8-22
7-15
6-15
160c
8-15
7-15
$$1
7-15
6-30
9-
1
1
6%
6 % ;
10-15
9rl5
1750
7-15
6-15
13c
7-15
6-30
7-21
6-30
—
9-20
7-19
1
1
8-10
11-10
8-
1
7-18
87V4C
8-1
7-11
•$1
87%c
7-30
7-15
8-
1
8-
1
8-
1
6-30
National
7-
National Hosiery Mills,
Class A (quar.)
7-15
6-30
30c
Class
.
New
"'.j
9-27
9-21
12-28
12-21
25c
7-15
7-
35c
8-31
8-10
25C
7-15
7-8
30C
7-15
6-30
Nortn
6-30
North
8
2nd
7-11
5C
7-11
6-30
new
8-
1
7-15
Power
North American
8-10
7-29
North
7-
1
North Carolina RR..
7%
North Central Texas
Oil
8-
1
7-20
8-
1
7-23
8-
1
7-23
11-1
10-24
%C
7-10
6-30
Northern
$4.80
7-
1
7-11
9-10
8-23
12-10
11-24
3-10-50
2-21
$1.10
500
9-10
12-10
3-10-50
2-21
500
75c
-
7-15
$2
10-1
'
Ontario
5%
7-10
7-5
r
:
1
9-20
62y2c
1-1-50
12-20
62'4c
4-1-50
3-20
45C
-
7-15
6-23
10-
.62',4c
(quar.)_—_________—
$1.25
7-15
6-30
31%C
7-15
6-30
——_
5
1
1
0-16
7-15
6-20
125c
7-15
7-2
50c
7-15
6-30
120c
7-15
6-20
1171,4c
7-15
6-20
25c
7- 5
6-20
:
7-25
6-30
$3
8-1
7-
20c
7-15
6-30
30c
.
v
"V
75c
1
85C
9-
1
8-15
115C
8-
1
7-15
110c
8-
1
7-15
McClatchy Newspapers
7% preferred (quar.)
43 %c
7%
43 %C |
*
.preferred (quar.)—1———
McColf-Frontenac Oil Co., Ltd/-—
*
4% preferred (quar.)
—
McCcrmick & Company, 5% preferred (s-a)
Mclntyre Porcupine Mines,. Ltd.. (quar.)--—
McKesson & Robbins, $4 pfd. (quar.)——_
McLellan Stores Co. (quar.)—
Mercantile Stores, 7% preferred (quar.)
—
Michigan Bumper
Corp.
Midwest Piping <fc .Supply Co.
--
7-
6-30
8-
7-
1
9-1
8-
2
$1
7-15
7-1
8-
1
7-12
8*15
7-30
$2.50
37«4c
$1.75
8-
1
2
7-15,
1
8-15
8-
$1.12%
8-31
8-19
11-30
11-17
7-15
6-25
50c
$1.10
25c
8-
1
7-15"
7-15
7-
1
10-1
Ltd., com.
5c
10- I
9-15
Co.
Corp. of California
'■/' 25c"
17%c
(quar.).
Class
(quar.)
6-30
7-31
7-31
7-15
7-15
"7t 9
-7-25
7-25
^$40c
-8-1
B' :
& Company,
com,
7-15
Sheep Creek Gold Mines, Ltd
$1.25
7-15
Shell
6-30
$1
7-15
7-
1
25c
9-14
9-
1
'
•
Corp.
y
11-15
2-15-50
8-5
33c
11-15
11-
$756
8-15
8- 1
7-25
8-
6-30
1
7-15
$1.50
35c
7-15
6-21
7-29
7-14
$1C
7-29
6-27
15c
7-20
7-
50c.
7-15
8-1*
9-30
9-
65c
75c
7-
5
6-29
7- 7
6-25
8-15
7-15.
7-20
7-
i1
€-10
6-27
7-20
6-30
7-15
7-
1
$1.25
7-15
7-
1
45c
7-15
6-11
Power
$$150
7-15
6-20
$75c
7-15
6-20
-25c
25C
$1%C<
9-
1
•
8-10
12- 1
11-10
7-15
6-15
50o
9-20
9-19
12-20
12-10
-40c
8-1
7- 1
1*
,;
'
.....
—
California
Gas
$2
7-15
6-24
6-30
7-30
7-30
6-30
7-11
6-29
7-15
6-30
7-15
7-
7-81
7- 5
7-31
7- 5
7-31
7-5
7-15
6-30
1
Co.—
7-15
8-15
7-15
6-30
.
7-20
6-2#
7-15
6-30
7-11
6-19
.
,
preferred
.
8-1
7-15
40c
7-15
6-30 '
£5c
8-
7-15
40o
7-18
7-19
50c-
9- 1
8-15
92%c
,97%c,
$1.03%
$1.25
$1
$3c
$1
$1
8-1
7-15
(initial)
-
Southwestern Life Insurance
...
1
(Texas)—
Quarterly
Southwestern Public Service Co.—
Common
(quar.)
—...
—
4
3.70%
preferred (quar.)..
——
preferred (quar.)
preferred (quar.)——
i
5% preferred (quar.).—
...
Sperry Corporation <s-a)__
Springer Sturgeon Gold Mines, Ltd.
Squibb it Sons, $4 preferred (quar.)
$4 preferred A (quar.)
3.90%
—
4.15%
$1.80 pfd.
(quar.)—
Standard Chemical Co., Ltd., common—
5 %
preferred
Standard Gas
(quar.)
.
8-1
7-15
8-1
7-15
8- 1
7-15
7-15
7-
I
7- 5
6-15
8-1
7-15
8-1
7-15
*40c
8- l
8-15
$10c
0- l
7-29
.$$1.25
...
9- 1
7-29
$1.50
$1.75
7-25
7-25
6-30
& Electric—
(accum.)
$7 prior preferred (accum.)
$6 prior preferred
Procter & Gamble Co.
7-3
-soc
Standard Cap it Seal,
Pressed Metals of America
7-9
7-15
,
Southwestern Associated Telephone—
$2.20 preferred (quar.)
9
5
7-
1
,
1
7-21
8-
430c
$53c
-■
w.,,■
New common
$2.50
7-15
7J 4"
1
7-29
(quar.).—..——
$1.75
Southern Indiana Gas St Electric Co,
^
4.8% preferred (quar.)—_—$1.20
Southern New England Telephone Co.—
6-29
7-
8-
20c
50c
.
7-14
7-12
7- 5
''
425c
,
1
7-20
7-5
6-30
8* 1
$20o
8-
7rl5
7- S
7-11
7-15
.
10c
90c
$1
.8-19
.
7-15
42c
SOuthefn Franklin Process
40c
6-23
0-10
7rl4
75C
6-29-
\ 7-11
6-30
7%
r
9
12-9/
7-10
7-10
50o
6%
1
9r
12-31
■
9
12- 9
8-30
$1.25
$1
Iron
&
12-31
$1.25
45c
1
6c
—
9- 1
8-
25c
(quar.).—-—
9-.1
...
Steel
1
91 %c
$1
Portland Gas
Ltd.
8-12
7-15
$1.07 %
preferred (quar.)—.........
37%c
6 % preferred A (quar.)
'
37%c
Southern Canada Power Co., Ltd.—
Common (qua?.)
—,$30c
6% preferred (quar.)—
.......
$$1.50
Southern Colorado Power Co.
(quar.)
l7%c
6-30
——
7-15*
_i_
Quarterly:
-Quarterly,'
Southern
6-30
6-30
—
8- 1
.
7rl5
$25c
87%C
7-20
—
85o
......
7-11
15C
7-15
Corp. of Canada, Ltd.—
preferred (quar.)
———6% non-cum. preferred (quar.)—^——
7- 1
(quar,
$50c
preferred- (quar. >
; ,450c
Society Brand Clothes, Inc. (reduced)
-12%c
Solar, Aircraft Co.
15c
South Pittsburgh Water, 4%% pfd. (quar.),
$1.12%
Southern California Edison, common (quar.) :
50c
4.48% convertible, preference (quar.)....
28c
4.56%
convertible: preference (quar.)....'' 28%c
7-15
$$1.50
60c
6%
7-14
Union'Oi( Corp. (interim)
4%
2- 3
S3C 2-15-50
10c
Portland General Electric Co. (quar.)—-
7-t
Common
5
Plymouth Cordage Co., common—.....—
Employees' stock ———
l—
Dome "Mines,
,
2- 3
8-15
15c
Light, common".——.—
$5 preferred (quar.)—
7-15
7-15
,
Smith ' (A. O.)
Corp,
Smith (Howard) Paper Mills, Ltd,—
11-5
25C
33c
$1.75
—-—
8- 1
....
Sloss-Sheffield
,
(Quar.)
8-1
$10o '
$1.25
...
25C
—■
$20c
'
(quar^.'
(quar.)
Sigma Mines, Ltd. (Quebec)
Simplex Paper Corp. (quar.)
Sinclair Oil Corp. (fluar.)..
Slater <N.) Company, Ltd,, common (quar.).
$2.12 preferred (quar.)
9-15
—
9-9
Sheratcn Corp. of America, common (quar.),.
Sherwin Williams Co. of Canada, Ltd.—
8-5
RR. (S-a)
;
Pittsburgh Fort Wayne & Chicago Ry.—
7% preferred (quar.)..
—-——
12- 1
10- 1
L-
8-
-
i
12-15
>
8-1
Common
9-
*1 25
$$1.07
,
Sears, Roebuck, & Co. (quar.).
Security Storage Co. (Washington)
12*$5
Prllsbury Mills, Inc., $4 preferred
Pittsburgh, Cincinnati, Chicago & St. Louis
7- 5
9-15
25c.
Extra
.
7-5
" $1.25
$1.25
,
7-25
$1.25
Common vtc
(irreg.)___
Common''vtc.
5% serlec A non-cum preferred!..:
7-
7-15
6-30.
-
7-1
8-15
——
,
7-29
10- 1
Co.———
•
7-15
$1.50
6-30
1/
25c
*
EOc
6-20
8-
25c.
20c
7-15
5;
7-5
7-25
(quar.)
5% scries A non-cuih. preferred;
Seaboard Finance Co., common (qliar.)
$2,60 cony, preferred, (quar,)_.~.
$1.12%
7-
'
$60c
'
*__.
(Ec'.)
7-15
6-30*
7-15
Francisco
7-15
7-15
7-
$$1.50
preferred
8-15
1-1-50
prefeired
7-27
25c
50c
$$1.75
8-15
25C
8%
7-11
Ltd.—
$25C
62 %c
East
7-
7-25
;_y_
9-20
cum.
Common
7-15
$18%c
——
10- 2
50c
7-
$1,75
$1.25
Co., Ltd.—
$25c
1
7-
450c
6-30
(Del,)—
f'i
12-
7-15
7-15,
50c
7-20
5
1
7-
5%
$1.31%
7-15
9-
7-15
v
Seaboard Air Line RR. Co.—
:
7-
.
•
6-30
,
v
50c
preferred (quar.)
2nd
1
12-15
8%e
dividend
Louis-San
8-
7-15
7-15
<
n
9-15
—
8-25
8-15
6-27
50c
(quar.)_-c._v.
6-30
.
7-7
10- 1
(quar.)_____—25c
Corp.
7-27
$$1.75
7r 5
22q
$106
1
.
6-30
7-20
.....
1'
—
7-20
7-15
10c
7-30
....—.————
f-20
8- 1
...
Schuylkill Valley Navigation & RR. (s-a)___
Scott Paper Co., $3.40 preferred (quar.)___
Scovill; Manufacturing Co.
<
3.65% preferred* (quar,)—
4.30 % preferred (quar.)
-J...*
(quar.)
(quar.).
7-11
3-1
W.
$2.40
St.
9-21
20c
7-15
8- 1
10- 1
A
Schuster
9-
7-15
8- 1
$1.75
$1.75
I8%c
,
»V
10-
8-1
7-20
93%c
-
0-30
60C
9-15
$1.31%
*
6-30
$25c
9-15
10- 1
7-20
*
~
1-15
$$1.75
10-1
15c
7-15
Steel Products,
Common
$27c
15o
6-30
—————
7-30
8-1
'
6-30
————
7-15
50c
7-15
<
8-19
7-6
8-1
$25c
; 7-20
—
Governor
11-19
52%c
$2
:
Oil Co
9-1
12-1
7-15
$40c
15c
17 %c
00c
7-21
7-H
$40c
(s-*)—————
$1.20
f
7-27
-
(Minn.), common.—.
(quar.)————
8-
12 %c
$1
Lawrende Paper Mills Co.,
$6 1st preferred (quar,).;
6-28
preferred
Preston
(increased) —
7-20
;i5c
(quar.)———
45c
8
7-21
%
7%
(interim)——.
Co.
Pittsburgh Screw it Bolt
Plomb Tool Co. (reduced)
(1.12%
(quar.)——
Michigan Gas & Electric Co.
4.40% preferred (quar.)——
1
80C
.s-a)-—-—
Michaels Stern h Co., preferred
Preferred (quar.)
1
150%c
115c
Mercury Mills Ltd. (quar.)--—Merritt-Chapman & Scott
1$1
912-
Button
Ages
Common
9-
8-1
$5c
—
7-20
;
•
Martin-Parry Corp. (quar.)—
——
Massachusetts
Investors, Trust
Shares of
Beneficial Interest, Immmoh———
6-29
.
b-24
Pierce
7-
7-20
8- 2
8-15
7-15
10-
:
7-15
1
8-15
60c
—
7-15
8-
5flC
7-19-1
50c
25c
St.
.
*
113
(accum.)
8-1
1
8- 1
—
Fine Foods, Intf., common (quar.).
convertible preferred (quar.) ________
St. Crpix Paper Co
St. Lawrence Corp., Ltd., $2 1st pfd. (quar.)
75c 2nd preferred (quar.)
&
4
62%C
$1
7- 7
8-
of
Stock
S.
8- 1
8-15
6-29
8-15
7-15
7-15
1
1
6-30
1
15c
1
8-
/
7- 9
iv,
;
6-30
$1.25
,
Ryan Consolidated Petroleum—
$3.50
9-1
•7
7-15
Common
6-30*
'
7-20
$1.25
$1.25
6-30
7-11
,(quar.)............
....
Royal Typewriter Co., Inc., common..__.__.
7% preferred (quar.)
Russ Building Co., 6% pfd. (accum.)--
(s-a)-
9-
7-15
May Department Stores, Co.," com. (quar.) —
$3.75 preferred '(quar.) —————————
:$3.75 preferred (series 194?) '(quar.)—
1
$3.40 preferred (quar.)
McCabe Grain Co., Ltd., class A (quar.) —
8-1
8-
1
Quarterly.
i.
Corp,, common
6-30
held)—....
9-
$1.50
6% preferred (quar.)
'
Macy ■(R.;,-iH,;)'r&-Co^Iiic.—''-." \
$1.06%
4%% preferred .-A (quar.) —':
25c
Maltine Company, .common • (increased)
<•
4 % % ^convertible preferred .(qu8t.) ;jt—$l.O0y4
<
7-15
:
7-11
'
Rothmoor
Common
8-30*
—
6-30
.
6-15
7-15
Massawippi Valley RR. (s-a)_———
Max Factor &> Company, class A (quar.)
7-15
$1.75
93 %c
7-15
,
6-30
22 %c
93%c
7- 7
50C
(quar.^———;
7-12
$1.50
6-23
12%c
12yac
Antelope Copper Mines—
American shares
(interim)^
Robinson Cotton Mills, Ltd....____—
Class
(quar.)
......
(quar.)
—■
—
preferred (quar.)——.
$1 cum. preferred (quar.) —
$1 cum. preferred (quar.)—.—.——.
$1.32 cum. preferred (quar.)
—
$1.32 cum. preferred (quar.)—.—.——
$1.32 cum. preferred; (quar.)..—
Penmans, Ltd., common (quar.)!-.——6% preferred
(quar.)
Penn Traffic Co. (Teduced) —-—
Pennsylvania Salt Mfg. Co.—
3%% preferred A (quar.)———
—
Peoples Credit Securities, Ltd,—..
——
Peoples Gas, Light & Coke Co—....—.
Permahente Cement Co.
(quar.)—
Perron Gold
Mines, Ltd.
—^—
Philadelphia Company, common (quar.) —
Philip Morris & Co., Ltd., common (quar.)
4% preferred (quar.)
—-—
3.60% preferred (quar.)——
Piedmont & Northern Ry. (quar.)—
25C
125C
preferred
Rock
.$13c
(quar.)—
5% s. f. series preferred (quar.)...—
Pacific Gas ft Electric (quar.)
—
Pacific Lighting Corp.—
$4.50 preferred (initial quar,)——
Pacific Telephone & Telegraph Co.
6% preferred (quar.).—————
Paraffine Companies Inc.
:
i
4% preferred (quar.)—•——.
Peerless Cement Corp.
Peninsular Telephone
*
/
0-21
preferred. ($25 par) (quar.)
Lowell Bleachery, Inc. (reduced)
Lowney. (Walter M.), Ltd,,:—-I—
—LfacAndrews it Forbes Co., xommon____
7%
Rochester
5
(quar.)
guaranteed
Otis Elevator Co..
Oxford , Paper
Co—
6-29
'
f
5
8-
.
preferTed^quar.r
"V: 7%
"6-10
7-15
>
Maple Leaf Gardens, Lt<t-xiLl;
—
Marchant Calculating Machine. Co. (quar.)Maritime Telegraph. &; Telephone Co., Ltd.—
8-
8-15
—
Supply Co., Ltd.—
Participating convertible preferred
12-23
15c
(quar.)
(quar.)
6-15
8-15
11-24
10c
Manitoba :Sng8T,- 6 % ^preferred
7-15
•
7-14
Roan
Ontario Beauty
8-23
"50c
1-2-50
Manufacturers Trust Co, ..(N. Y.)
6-30
15c
4% preferred (quar.).——
5lk% preferred (quar.)—————-
;
_
.
7-15
93 %C
9- a
50c
*
Company
Paper Co.
Raisin
6-17
1
7-29
—.—
$250
6-30
7-25
(1.10
Rike-Kumbler
47%C
Ogilvie Flour Mills, Ltd., common (quar.)..
7% preferred (quar.).
l——....
Oklahoma Gas & Electric Co., com. (quar.).
1
7-15
25C
$1.10
1
7-15
8-
8-15
10- i
(quar.)...
Ry.
5% conv. preferred A vtc (quar.)
5% conv. preferred A vtc (ouar.
Sagueney Power Co.* Ltd., 4%% pfd. (quar.)
Scarfe & Company, Ltd,* class A (quar.).,i
Ry.
preferred
Pacific Finance
5%
7-31
'
.&%
5% ^preferred
Central
Quarterly
6-30
37y2c
„
preferred '(quar.)
—
.5%: preferred (quar.),——
—
5% preferred ;(quar.)_
—^—-—
Louisville Gas.& Electric. (Ky.)v common____
8-15
preferred (quar.)
Oceanic
—
5%
7-
Northwestern States Portland Cement—
'
•
,
7-15
97%c
9- 2
-
St. Lawrence Flour Mills
Refractories
Northern States Power
Lock Joint Pipe Co.
{
American
$3.60
,
7^
Inc^.
common
1
7-15
8-
7-1.5
(one share
$8.50 pa? value, of. Kansas
Light for each four shares of
&
9-
1$4
i
common,
8-15
30c
•
6-30
8-
10- 1
.
2
9-
1
7-15
93%c
—
Partial liquidating distribution
6-30
7-10
12- 2
7-20
8-25
...
37y2C
53 %c
——-——
Aviation,
50c
$1.25
1-1-50
10-
8- 1
$25c
—i.
25c
(quar.)—
50c
5%. preferred (quar.) *
—■Lindsay (C. W.) & Company—
614% preferred (accum.)
4_:
Lion Oil Co., new com. (initial quar.)——
Lit. Brothers, common——
;—
—
Idttle Miami RR. Cp.
4
Original capital
____________
f
'Original capital _L
_______
.———
'Original capital
; Special;, guaranteed
(quar.).
Special. guaranteed, (quaf.)
———;
Special guaranteed (quar.) .
-——
■Little Schuylkill Navigation RR. & Coal Co.—
preferred (quar.)
Loft Candy Corp.. (reduced)
Xongines-Wittnauer "Watch Co.
(quar.)
32c
37
9- 2
Light Corp.—
preferred
American
'>7y2c
■
6-10
1
8c
8-31
Co.—
Extra
7- 6
10-
6-30
0-13
.
50c
50o
Republic Investors Fund, Inc.—
6% preferred A (quar.)
6% preferred B (quar.)— l.
Revere Copper & Brass, Inc. •
514%
preferred (quar.)
....
Rlce-Stix Dry Goods Col— 7% 1st preferred (quar.).^....
?%..2nd preferred (quar.)..
Rich's, Inc., common (quar.)
3%% preferred (quar.)
American Company—
7-15
Telephone & Telegraph—
Lorain Coal & Dock
preferred
45c
.
6-30
$1.25
Newark Telephone (Ohio), 6% pfd, (quar.).
Newberry (J. J.) Co., 3%% pfd. (quar.) —
Niagara Hudson Power
5%
1st preferred (quar.)———'—l
$1,121/2
$1.12 Va
"
10-19
7-3 5
8
25C
—
3.90%
v
7-22
$1.50
preferred
York Pov/er &
A.)
15c
7-11
30C
8-1
10-29
7-15,
■
$15o
:.—i
8-
30c
Semi-annual
Corp.—*
8-25
——————
7-11*
12%c
—-
8-15
$1.12%
8-1
11.
:
participating class A (quar.)
River
3-22
...
7- 0
$30c.
4-1-50
96V4C
1
20
/
9-21
'
1
7-15
'•
-
12-22
3.8%
•
—
/1
-
8-
8-
50c
—
1
1
6-30
7-
6-30
7-11
7- 9
Mills, Ltd.
$1.60 non-cum. preferred (quar.)
$1.60 non-cum. preferred (quar.).:
Reinsurance Corporation of N. Y. (reduced).
Reitman's Canada, Ltd.—
5% redeemable preferred (quar.)
Reliance Electric & Engineering Co.,-com...
$2.10 preferred
Renold Coventry Ltd^, ;
Class A (quar.
j.
*
1-2-50
6-30
$1.50
6-24
7-15
15c
(quar.).
—
preferred (quar.) —
(quar.).—
——
National Transit Pump & Machine Co
New Brunswick Telephone Co., Ltd. (quar.)
New England Gas & Electric Assn.—
Increased quarterly
——
New Process Co., 7% preferred (qvar.)——
6-30
15c
6- 7*
7- 5
25c
National Steel Car Corp.
National Tea Co., 4y*%
1
'
7rl5
$150
(quar.)
Corp.
lOc
Regal Shoe Co
Regent Knitting
80C
class B preferred
0%
7-15
10-
8-23
11-23
50c
—,—
6-27
7
9-12
.50c
—
B
<C.
$2
12-12
,
(quar.).———
—
Investors
Reed
12c
(quar.).—
National Mfg. & Stores Corp. (quar.)....—
National Paper & Type, 5 % preferred (s-a)
(
Ltd
—_____
Lerner Stores Corp., common (quar.),—.—,
* : 414%
preferred (quar.)
Lincoln National Life Insurance (quar.)—_
.8%-preferred (quar.)
6-30
Ltd.
3714c
...
.
0-30
'
6
7-15
37»/2C
Sons, 3.85% pfd. (quar.)——
Lehigh Portland Cement Co. (quar.)——,
—.
7-15
7-15
15c
3714c
Lees (James)
.——
(quar.)
"
7-20
,
'
$1.50
1$1.50
.
Class B
(quar.) ______
Reece Corporation (Mass.)
5%
preferred (quar.)
6-30
'
40c
7-
v.vy
(quar.)
7-30
(
Class B
National
"
40C
(quar.)
Quarterly:
12-15
12c
National Lead Co.
8-
29'Ac
——
.
Common
12-28
—
Co., common
National Shares
"
Lincoln
9-15
$1.50
——
National Power & LightPartial liquidating
...
preferred (quar.)——
preferred (quar.)
.—
$1.50 preferred (quar.)_—
—
Knudsen Creamery Co., 60c pfd. (quar.)—,
Kokomo Water Works, 6% preferred (quar.)
Kroehler Mfg. Co.,
414% preferred A (quar.) J
414% preferred A (quar.)
Krueger (G.) Brewing Co. (quar.)—;
Laclede-Christy Co. (quar,)————
Lake Superior & Ishpeming RR. Co——
Langendorf United Bakeries, com.
(quar.)
'>■
$1.80 preferred (quar.)
———
LaSalle Extension University (quar.) ______
-
9-28
:
7-
'•
$1.50
Extra
8-1
40
7-30
$1.25,
$1.50
'■
,7-20
25o
37 %C
6
7-30
40c
,•
1
10C,
7-
7-6
15c
preferred (final dividend).
All out¬
standing shares called for redemption
on Aug.
l at $53 per share plus this
Mines,
7-
—
6-25
35c
7%
Leitch Gold
Glass
Class A
6-18
7-15
$1
1
Co.,
••—:—
7-14.
2c
7-15
15c
preferred (quar.)
Rayonler, Inc., common (quar.)
$2 preferred (quar.)
—
Reading Co.—
4% 2nd preferred (quar.).—
Red Top Brewing Co. ACinn.)—
Class A
(quar.)———
1
$1.25
0-29
interest
3%%
6-15
7-
7-5
7-15
Ralston Purina Co.—
6- 7
7-15
National'Fuel Gas Co..___
7-20
Kansas City Southern Ry.,
—:
7-15
7-15
25c
...
20c
6-27
1'
50C
—-
—
Fund, Inc
$1.50
120c
7-15
.
7-
150c
1
8-
$4
4% pfd. (quar.)
Kellogg Company (quar.)———_____
Kellogg Switchboard & Supply Co., com.—
5%
preferred (quar.)—————
Kendall Refining Co. (quar.)——:—_____
11-15
7-15
5C
Register Co.
—
National Chemical- & Mfg. Co. (ouar.)
—
National City Bank (N. Y.)
National Department Stores (quar.).....—
National Distillers Products Corp. (quar.) ...
National Electric Welding Machine Co.—
Quarterly
i'—^
7-19
89-
03%C
Jcplin Water Works, 6% preferred (quar.).
Journal Publishing Co. of Ottawa, Ltd.—
12-15
.
$1.75
National Cash
12-1
250
■
t50c
6-30
;
7-20
$1.50
(quar.)
(quar.)
Inc;,v common^.-,.—
preferred (quar.)
Mutual Teiephone Co. (Hawaii)—
4.8 % preferred A (quar.)
4.8% preferred A. (quar.)..-.
National Biscuit Co., common
1
8-
30C
preferred
Extra
25C
6%
9-29
87 %C
(s-a)__-—__—
Johnston Mutual Fund, Inc.——
.
(reduced).
Co.
Mutual System,
preferred (quar.) —
Johns-Manville, 314% preferred (quar.) ____
Johnson & Johnscn, 4% 2nd pfd. A (quar.).
2nd
preferred series B
(quar.)
•
preferred
preferred
Mutual Investment
$75c
Co.7~33V%*
Company—
Paper
7-15
$1.25
,
Purolator Froducts, Inc
Quaker Oats Co., common (irreg.)__.
6% preferred
(quar.)
Quebec Power Co. (quar.).
Mutual Chemical Co. of America—
25c
*'
30C
Kirsch
Ontario
National Bronx Bank of N. Y
Participating preferred; (quar.)
Participating
—
Iron Fireman Mfg. Co. (quar.)———
—
&
beneficial
of
Bolter*
Payable of Rem
$1.25
—
9-
7- 5
75c
.
dividend.
7-'5
6-24
1
Investors Trust Co.-of Rhode: Island—
<
7-15
8-12*
8-
15c
King-Seeley Corp., common
15c
—
7-15
t8%C
Fund, Inc ____:—
Public Service
-
Certificates
When
Share
Puget Sound Power & Light—
$5 prior, preferred (quar.)
Putnam (George) Fund of Boston—
9-20
9-15
7- 5
Telephone Co. (s-a).:
Now on a quarterly basis
Kewanee
10- 2
50c
1
Investors Mutual, Inc.
8%
10- 2
40c
8-
Investors
Tea
7- 1
250
(Robert), Ltd
;
Monongahcla Valley Water, 7% pfd. (qyar.)
Monroe Loan Society, class A (quar.).—...
Montgomery Ward & Co., common (quar.) _.
Montreal Telegraph Co.
Motorola, Inc. (quar.)
,——
Mount. Carbon,& Port Carbon RR. (s-a)—
Munising Paper, 5% pfd. (quar.)..———,
t$175
preferred ($100 pa?) (quai.)_._,
7% pefcrred ($5 par)
(quar,)
International Utilities Corp. (quar.) 1
__
Interstate-Department. Stores (quar,)Infcrtype Corp.
;
—
—
Investment Foundation, Ltd.—
*•'. 6% convertible, preference (quar.) —.—
Investment Foundation, Ltd.—
6%
convertible preferred "(quar.)
—
Jewel
'
7-14
37%C.
■
Mitchell
$1
7%
-
$1.25
—iw
...
Per
„
Name of Company
9-20
(quar.).
Co.
(quar.)
Minnesota
35C
—
Co., com. (quar.) __
International Holdings, Ltd—.
4-._'
International Milling Co., 4% pfd. (quar.)_
International Nickel Co, of Canada, Ltd.—
Investors Management
A
6-15
7-15
$37 %C
'
—
Harvester
.
Holders
Payable of Re c.
Prosperity Company, Inc., 5% pfd." (quar.)..
—-i.--—
Common
0.30*
7-15
$1.50
(s-a)_.
(reduced)
Interlace Iron Corp.
Share
"
Creek & Mine Hill Navigation & RR.—
Miller it Hart, Inc.
Shares-
Insurance Co.
Company
Name of
Mill
.—
When
Per
Boldere
Payable of Reo.
—
....
6-30
'.\V
48
THE
(48)
8hare
Name of Company
oIf7ohioT~33A%
Standard
Power
Standard
Radio,
B
Stores,
Inc.
Sterr
Stern
&
4%%
Western
Western
7-11
6-21
Breweries,
Grocers,
$1.40
Western
5
Ltd.
Ltd.;
preferred
Insurance
8-15
8-
r
8-
1
7-11
Western
8-
1
7-11
5%
preferred
5%
$2.50
class
9-15
5%
12-15 '
Western
)75C
8-
1
7-' 7
5%
t43%C
8-
1
7-
7
7-
7
$1.25
9-30
12-31
1
8-
t31»/4C
9-12
8-29
7-
7
6-30'
preferred
62'Ac
58 c
10-
1
9-16'
4%
L
and
8-
11-15
11-
1
7-11
50C
$1.25
:—
1
9-
9
8-23
8-
1
7-15
7-
7-15
7-1
Whiting
6-17'
Wichita
River
Oil
Stone
20C
7-23
7-12
Wichita
Union
7-22
15c
7- 5
7-
25c
8-1
7-20
7-20
50C
8-' 1
U
Container
Corp.i,
Railroad (s-a)_
—
—
Strawbridge &; Clothier*; common
6truthers W'ells Corp.—
$1.25
preferred
Oil
Sun
Co* 4%%
Oil
Sunray
common
preferred
$1.50
Co.
of
B
(s-a)
Iron
8*
1
Tennessee
8- 1
6-
t$1.25
8-
1
6
6-30
Net
7-20
7-
7-15
7-
3-
I
7-11
$1.50
8J 1
7-11
-
.
$1.75
prior preferred
Corp.
-
Co.
South
208
La
Ltd.,
Co.,
Salle
St
(quar.)
Union Gas
7%
Union
15c
pfd;
Bond
11-15
11-10
7-15;
Fire
Foil
Class
1
10-
(quar.)
B
—
,
U. 8.
Pipe & Foundry
Quarterly
Quarterly r .w.
U. S. Plywood
Corp.,
Shoe
2
7-
7-
8
7-18'
7
7-15
credit
tax
1
7-12
8-
1
7-12*
7-15
7-11
*
5
6-15
7-
A
5
6-15
7-15
7-
6
7-
6
9-30
Net
9^ 8
9-20 v
8-31*
11-30*
7-12
7-" It
75c
,t,
7-15
'
7-
25c
»
7-15
•
'
7%
12-10
12-
7-15 -
9-15'
•
25c '
9-
7-30
37y2c
1
.
-
8-
1
$2
■
40c 4
7-15
9-
*7-15
7-16
25c
(quarj
62'/2C
20C
20C
37j/2C
$1.13'/2$1.06'A
com._
12V2c,
'
12^CX
~
preferred
preferred
preferred
Penn
4.10%
'
.
to
i
,
sell
York
1948
per
-
—
7•
-
certain
Net
$672,144
.
the"
per
income
.
not
V
Distributions
As
1
-
6-
and
No.1 of
27.
7-15
7-
1
7-25
*
8-10
7-25
'
7-15'
7-
1
The
as
dividend
Fed,1' inc.
taxes-
26 Weeks Ended—
Net
1
Number
Earnings
7-
8-11
1
25
cents
$1.39
,
1
made
on"
Watch
consummation
April 3(P-
Co."or
of the
who
enters
order
an
buy
1
the
l___.
15,458,753
13,856,812-
'
781,300
revenues___^__i_i!
1,043,004
$2,067,229
"1
$2,864,915
'
89,308
^
•
3,556
919,088
stock___;
.
stock:
.
907,639;
:
$1,237,449
____
$1,960,832'
440,031■JsT,,44p,03p$797,418
$1,620,802-
V
number of shares
2037. :tfv
p.
$2,868,4711
$2,156,537
preferred
average
612,000
510,000
569,507
453,575
$1.30
outstamdingil-i
'>
and
other
res.
the
$2.§8
$1.40
'
oper.
;t' ^
: J.
1949—12 Mos.—1948
'
$1,439,730-,-$1,247^81 $17,364,503 $16,171,037."
634,962
604,618
9,731,063
'• 7*368,5021
.
oth.
.154,734
taxes.../
vl61,496 ..1
152,171
1,572,168 5
_
144,873
,
.
;
;; 84,166
approp.
revenue
income
Net
r
2,058,049
1,642,992 4
1,010,000 »
84,166-.*
-
1,580,047
1
$413,697
-
$352,828
$3,408,286
1,010,000
(net)
239
85,934
373
a—_
$4,154,43917,419"
income
_______
15
,
$414.070 —^$353,067-
■
$3,4M220
76,372 ■/
945,936
79,976
''
'
income
Dividends
$334,094
applicable
to preferred
$276,695
.
,
$2,548,284
stock
'
—vf1i69,ep."2322."77Ti.. ■ f/vXi;
Waukesha Motor
9
♦Net
-
7-15"
1
$3,189,4201
210,000
/
$2,338,284
210,080
$2,979,420
' :
.
shares
-1149" 4
Earnings
1S48"
$1,089,019
outstdg—
per share
1947
"
$993,010
$1.81
-1946
$885,176
400,000
400 000
600.000"
$2.48
-
♦After charges and Federal income taxes,—V.
$213,164'
400.000
$2.21"
.•
stock
]
Wayne Knitting Mills—Earnings—
Quarters End. Mar. 31—
Net
prolit
and
No.
after
of
1949
$198,022
'307,988
307,988
301,988
150.000
$0.73
_
shs.
com.
1943
$225,470
$0.64
$1.35
$1.41
1947
194S
charges
taxes
$409,272 /. $222,771 ]
.out¬
standing at Mar. 31Earnings per com. share
i6s,
1946;
$139,550
500,000
$0.55
$0.28
income
after
charges
income
or- 19-cents
$717,535
in
the
and
the
for
13
Federal
weeks
Nil
income
ended
960.498
$0.12
-
$98,660,
1948.—V. 169,-p. 2689/'
or
4
p.
t
2589.-
,
/:
Webster Tobacco Co., Inc.—
-Earnings—
Quarter End. Mar. 31—
Net
sales
:J.
after
1949
taxes—
" 29,000
profit
Capital shares oufstdg..
$47,668
•
1943.
.
$2f8S7,ll2
194,303
•
.
.
1947
$2,716,331
"*38,731"::
"
/__.•
'
r;
5
/
•,
$1,725,261
76.668
expenses
income
.1948
$i;559,626"
157,512
74,000
.
Net
Earnings
per share-—-
♦Loss.—V.
168,
p.
$38,731
•
60,000
450,079
.
$0.11
-
$120,303
450,079
.
"$97/12.
-
079
" 409.313
$0.37"' :
$0-24
450
Nii~
384.
taxes.
April
30,
1949,
was
common
of
May
*$232,866
/
960,498
,
share, which compares^fWith a loss
preceding 13-week period ended Jan. >29, 1949, and
per
1,
7-15
Mav 1, '48
$465,242
/
share/——J
common
30.'49
cents per common share,
*'
foi* the 13 weeks
i
West Penn Electric
Co.—Weekly Output—
/
./
Power output
of the electric proDerties-of this
company for the week
1949 totaled 10L103.800 kwhrs., a decrease of
2.98%
over the
output of 104,211,000 kwhrs. • for-the
corresponding week of
1948.—V. 169, p. 2758.
....
.
'
:•
ended
June
25,
.
.
Co.
(quar.)
:
$1.50
1—1.11111
8-15
7-18
$1.75
8-15
7-lffC*
Power Co.
(quar.)
;
tquar.)
$1.12»A
7-15
6-20
$1.05
7-15
6-20
$1.02 Mi
7-15
6-20
(& Subs.)—Earnings—
12 Weeks Ended—
♦Net
BTquar.)
preferred C
Van Norman Co.
"
Mar
profit
Capital; shares
Earnings
♦After
per
West Virginia Coal & Coke
26, '49 Mar. 27; '48 Mar. 29, '47
.,$138,744
outstanding
$146,244
370.000
360.000
.
share—.$0.38.;,.
charges and
Federal
taxes.—V.
169,
p^
2689.
„
$257,817
360.000
,
$0.71
$0.41
•
f
•,
.
■
$0.53'
169, p. 150.
to
rate.
500,000
" : Apr.
■
^
Co.—Earnings—
;
_
Subs.)—Earnings—
"
shares/—
common
per
NOTE—Net
of
*
'
•
;
982,438.
'
Mds. End. April 30—^
profit
♦Net
Profit
net "income
>—
"r" A
$4,171,858
'
on
common
/
-
$3.35-
'
(87'A
common
.
^
•:;x
taxes
retir.
Gross
'f
$273,522
$0.55
-
$17,764,732
:'11
*
1"
and
—v.
478,261",
$0.85
-
-
Earnings—
;
1949V ;
1948 :
~r'
taxes
'
to
plan."—V.-'169," p! 2689.
$18,307,282
expenses—
common
169,
Capital
dividend
1947
$261,460
478,261
-
ended
8-1
Waltham
to
Interest
:
share
per
on
regular
a
_'
of
$252,293,
8-
notice
a
price varia- \
aforementioned ratios"
"
$2,515,805
$}.32 '
1948
$407,163
loss
6-30
6-30
8-16
following
indicate
the
upon
,
Federal
7-157-15
debentures
based
revenues
on
Federal
,;!!;
declared
establishing
Universal Pictures Co., Inc. (&
lV
$$1.75
for the
Outstanding -at end of period-__^^^"_a^_LJ
Average number outstanding during period—.
Earnings per share of: common- stock•
On shares outstanding at end of
period___w__
Net
7-15
8-10
10-
Watch
stock
common
of
prior
Prop,
up and . a large
part of this
inventory.nf metals increases,
the
-1949-
capital shares_,_
,7-15.,
17'AC-
estW
•'
stock
(&
.1,379,124
1,416,380
preferred'"*'•..
•• •
cents-each- were
Earnings per share/—
—V. 169, p. 210.
1
206"
$$1'.37 Mi
50
the
1948
quarterly dividend of . 1%%
preferred stock; both': payable July
Quarters End. Mar. 31—
Net profit
aft. charges
3
8-
10-15
quotations
new
Federal income
:
Universal-Cyclops Steel Corp.—Earnings—
«
7*15
7-
&
dividendTof
a
receive
New York Curb Exchange! for the'
Co.* in comparison with; current-
the
on
Waltham
Operating revenues——
Operating expenses—
$2.09
usual
considered
of
will
common-
Washington Water Power Co.—Earnings—;...
,„
(after
sold.
the
June
to be
of
-
6-16
7-15
and
record
sent"
28
.
income
On
385,603
•
950;
p.
1949
—-L T
share);, on" the
of
is
June
Balance
*$807,635
-
$2,400,657!
have; declared
stock
common
face-value
$4
stock
amortiz.
reserves
*
1975/
:
income
Shares of
;
1946
$1-24
;
-
each
shares
10
income
Net
—V.
169,
,
that \
things,
May. 1*
>
share
nor"1>ceh
The ^directors
for
due
common
Interest and other deductions__'___.
"
385,603
,
contingencies^—V.
-hj^; practically dried
has
* '
.
quotations"
the
and. zinc
the
each
„
.
$477,783
,
385,603
V $1.74
.
,
depletion,
for
on
common,
Exchange
;
operating
Gross
portfolio-«
v
6-30
5
8-
9
-
-
May 31—
requirements)
foY
of
for
Period End. April 30—;1949—Month—1948 A
$25,000 for
taxes
stock
issued
I 1947-
taxes_iJ_
income
Curb
of
stock
:'r1 Dividends
^
^
f
the
stock
Other
is part of
securities on
."""t
""
>
stock
common
holders
common
V\
■
■
transfer
certain
new
that
other
among
debentures,
'
District Court
S.
Code.
to be
are
of
income
•'
U.
,
•
exemption order
of
5%
the
a
Federal income
or
profit and to
to
2758-.7V '
deprceiation,
Federal
production
8
10-10
$1.25
_
(quar.)—
(quar.)
4%%* preferred
4.20$ preferred
and
new
12 Months Ended
non-transferable-two-
a
in
Washington Gas Light Co. (& Subs.)
Jan., 15 and April 15, last, and in each of the four quarters
during
1948.—V. 169, " p. 1606.'
1'
'
/' •
■
Michigan Steel"Foundry"'
prior
share
one
of
current
Operating
Operating
.
20C*
(quar.)_2_—
(quar.)a
convertible
stock
for
Ihd
on
6-30
7-
7-20
65C
:
(s-a)*
'
9-20
,
". $3.50
(quar.)
an
Co.—Reorganization**-
exchange, the above information should be brought to the attention
any customer who presently has an open order to purchase old
of
1949-period shown above were affected only in a
minor degree by the recent
sharp fall in prices of metals since; in i
accordance with the' eompany's
practice, theentirervalue of metals
produced is taken intb earnings at the
prices prevailing'at the time v
of production at the mines.
In the last tfro months the market for",
7-15v
10-20
s-a)__„_
RR.,
of
of Devon,
Such
.1949
after provision
stock
6-30
-
"
35C
*
of
Months Ended
holders
& Northern
the
New
common
States
Federal
cents
;
-
.
..
4
Ca¬
provision
dividend
7-6"
7-15"
i*
'
.
members:
"Since
of
Revenue
transfer
transfer
and
$1.78
Earnings
1
8-1
$ 15c
B
Devon.
sell
385,603
profit
lead
period'
the
•
Smelting; Refining & Mining: Co.
Subs.)—Earnings Slightly„Lowerr
9>1
'5C
common.
The
to;its
"
positipn^ will be correspondingly ireduced;
Smaller Common Dividend Declared—
4
/
50C?
—
(quar.)__.i——
West Penn Electric
West
7- D
9-10
$1.25
-
Wedtherhead. Co., $5 preferred
Wellington Fire Insurance Co.
6%
l4
7-'
7-15
$1.25"
-.
to
the
the'1 company's cash
.
7%
\
7-15
»:
35c
Wesley Mason Mills, ^Ltd.—
12-22
7-15'
26C-
(Initial quar.)____
—_ZI_
Washington Gas Light Co., common (quar.)
$4.50
pxeferred
(quar.')
West
v
f
9-20
'
8-1
$1,25
(s-a)
5\<z%' preferred
10- 11
1-3-50
•-
class
Internal
stock
$687,772
9-28
$2
Common
80c class A
9-28'
—
(bdaf.)___v%4_4;
Waterous, Ltd.,
1
$1.64*
during
^
1
.
Unrealized
an.
issuance
for
taxes-
mated
1
(s-a)—a
_
Warner Brothers Pictures
Warren Brothers
Co., $2.50
the
the
share_l___
per
United
7-14
outstanding
shares
to
held plus
Prop,
&
10-
■
(reduced
of
capital shares-.-,;
♦After
Net
10-
.
i;
;..
7-14
1
-
_
i_j_i
7-1
1
8-
62%cC-
preferred- (quar.)
preferred (quar.)
Common
?
charges
income
Profits
___„
Waterloo, Cedar Falls
7-15
8-
62%0
Common
to
169, jp-
and
Profit-before
75c
Virginian Ry.* 6% preferred (quar.)—
Yulcan. Corp.; $4.50 -preferred
(accum.)
Vulcan Detinnlng Co.
$4.25"t prefferred
6-20
J
56'AO
preferred \(quar.) i_.
Corp.
aft.
Federal
Five
7-15
-
....
Viceroy Mfg. Co., Ltd.___
Virginia Iron Coal & Coke-i-
Clask C
6-27
50c
Venezuela Syndicate* Inc.—
Ware River RRi
6-27~
7-15
30c
5%
Wabash-Hartlsdh
•
of
receive
Other
_____
7%
7-15
17M.C
——-
(quar.)
profit
No. of
Light Co.— i
Vertientes-Caroaguey-, Sugar
has
it
additional
profits and
stock.—V.
Earned
11
25c
•
(quar.) L-Z-
Company—
with
in "consideration
7-T.;U
5Co
preferred A (quar.)
5% preferred B (quar.)
Vapor Heating Corp.-? -,
5% preferred (quar.)
5% preferred (quar.)__
1948
$4,832,562.
•
increased
*
pfd.-(quar.)
prior; preferred • (quar.)
5% prior'preferred (quar.)j
Valr.par Corporation; $4 preferred
7%
y
program^ of^ International
a
which
announced
International
of
nadian
.
(quar.)
of
on
Quarters End. Mar, 31-
6-15
12-20 /
25C
5%
convertible
'
United States Playing Card
Co.—Earnings-*-
6-15
.
and
(s-a)—
common
part
29
together
unrealized
common
'
.
June
on
note,
-
6-15
shares
warrant entitling said stockholders to subscribe at
$1,
per share for -an additional share of new common stock for a
period '
of nine months.
•
•■
V
'
" A
. ..
,
7-15
6
20c
(quar.)——i.
6% preferred A (quar.)
4%%. scries B preferred
Utica KnittingjCo.
4%
SEC
has
of
provides,
share
now
V*
,
6-27
8-1
7-
$1.75.
(quar.)_„
*
19,
debentures,
one
a pro- '
which ;
apply the fcroffts so realized towards the restoration of a special"
reserve,; the effect of which will be to
make possible the payment of dividends'oh
"Jts* second preferred and '
6-20
7-
*
-,€0c
_
preferred
(J. B.)
'*
.r
•
,
securities
87'AC
United-Wallpaper, Inc.; 4%
Van Sciver
.
.
5-24
60C'
7%
&
,
'
7-' 5
60c^
Refining & Minings. '
(reduced)
———
Upper Michigan Power
..
..
$3,000,000."";
it
2,200,885-
$1.45
number
,,
holders
of
,
to International
75C
Universal Leaf Tobacco,
Extra
9-15
--
6-10
75c
preferred1 (quar.)
United ^tock Yards Corp.—
i 1,447,355
$4,734,442
share
The- plan of reorganization as confirmed
the District of Massachusetts
dividend.
5-24
20c
___—_a—_
convertible
thi3
5
7- 4 '
62'/2C
Y.)
common
1,447,355
stcck_'_r_;_:____i_i.i_i___
for
permitting United States & International Securities Corp.'- and its v
subsidiary, Devon Securities Corp., to enter Into1 a transaction' involv- t
8, Smelting,
70c
for
ing the issuance by Devon to International of
year 4% notes in an amount not to exceed
7-
'
$2.50
—_—
Extra.
Common
*
.
the
The
~
9 i'
6-
is
grfim of International
—____
common
$6,279,912
Waltham Watch
7-20
7-28"
8-12
7-30
$1.25
______
benefit# under Supplement Q
6-30*
8-
37'Ac
7
$6,181,797
ccmmon
2689.
p.
profits together with certain available surplus accounts to a 5
special reserve; In order to make possible the payment'of dividends \
on its second preferred and
common
stocks and to qualify for special;!-
6-28
1
a2 y2 %
(quar.)
__
Co.
'Corporation,•>
V
8-
37% c
./ 5
Co.—
.!
(N.
25c
*
(quar.)
(Continued from page-12)
transaction
The
(quar.)
Co.
219,478
$353,3534
'282,374
$632,583 '
____
6-25'
the
The
"
8-
$75c
CO., class A—a—_/__—
preferred
6-30
J40C
tax
transfer certain securities
9-10
3
8-"
al7%%
—
Guarantee
7^15v
7-H;
$1.12%'
22,500 shares of capital stock of Louisiana Land & Exploration Co.
basis of June 8
closing prices, the Amerada stock had a value
of $1,697,500 and the Louisiana stock
$390,900. >
?
On
1
7-
10c
—_
Co.
Income
;
-
U. S.
U.
7-
7-15
50C
—
—
;___v
Insurance
:
'
9-20f
15C "
Guarantee; Co. (Baltimore)
U. S.
May
was
^
preferred
dividend tax.*Jamaica income tax.
6-30
10- 1
$25C
(final)-——;
& Cfcnal
82,932
$8,480,802
.
common stock was
reclassified fiom shares of;
of $10 par value and the capital
represented
$15,808,055 by transfers from capital surplus;
and-earned surplus of $1,031,324 and
$14.776,731,-respectively.—V. 169,
-
50C
—
United Shoe- Machinery, common
6%
preferred * (quar.).—_—I".
U-. S.Fidelity &
8.
-
'
—__.—
Quarterly*
U.
7-: 5
'
75c
Corp.,. class A (quar.)
United New Jersey Railroad
78,123
$9,075,948
< 2,894,151
average
value
tion
Fuel'Investments, Ltd.-«-
U. S.
On
thereby
General Corporation i and
Investment News:
8-10
$12'Ac '
__
Circuit, Inc.——-1.
Share/Ltd. (s-a)'——
——
^
.
Wisconsin
2
8-15
2bC
6% class A "preferred (quar.)—
United Molasses Co., Ltd.—
7%
7-
7-15
7-15
(quar.)
Fruit Co. (quar.)
•Extra
British
2
7-30
25C
—
Canada, Ltd
Ordinary registered
'
7-15
and
Class B
United
United
1,670
$572,831
common
per
no; par
V
2,995,209
$8,563,734
rtquirements_:_*__________^
__1
on
common
Co;
Co._
&r
Less
a
7-' 1
7-
■
$$1.75""
(quar.)
Theatre
United'Drill & Tool
7-29
J
1
25C ;
—
Sulphur
United1 Artists
United
Rubber
of
7-
Corp.
—
Co.
t
8-15
7-31 r
6-15
'
31^0 ;
—
(quar.)—_
Bflgley Corp. (Detroit)—
Udylite Corporation (quar.)——
Quarterly,
30%
7-30
220
Asbestos-&
xLess
7-11
250
62%tC
Union
3%
8-18
7-15
25c
Tobacco
dLess
9-1
87-%'c'
——
Trinity Universal Insurance
6,624
(1949,, 3,258,393; 1948, 2,938,504).
'
—_
2,857,161
$9,154,071
-
loss)
$914,957"
over-the-counter
Special
Tuckett
6-28 "
.
pfd.
150,458
$574,501,
for
•■Based
will
6-13
7^ 4
9
tPayable In U. 8. Funds, less 15% Canadian non-residents' tax.
tPayable In Canadian funds* tax deductible at the source.
Non¬
resident taX 15%; resident tax 7%.•»
6-28
50c
7-
Co.—
♦Transfer books not closed
7-20 ^
$10C
—
Treesweet Products Co.,'$1.25
'315,012
$921,581
dividend
Balance
■
5
7-15
-
$1.06'A )
<-
(s-a)—
's-a)
taxes___
1
6-30'
8 '
7-
d$1.50
(quar.)
convertible
8-'f 1 i
25c
Electric
1948—12 Mos.—1948
$3,928,773 $52,628,169 $46,586,446"
3,203,814
40,616,937
35,027,503-
3,358,550
(Win.),
7-11-
25c
-
62y2c
ThOr
(quar.)—
,
&
V
7-15
10C
Z-Z
Youngslown Sheet & Tube
6-30
7-15
10c
20c1 i
com. (quar.)w
Compahy, $2.50 preferred (quar.)_
Corpcfation (reduced)—rr
—
Toledo Edison, VA ch
preferred' (quar.)
Tooke Bros.; Ltd.
(interim) —
6%
5
$1.75 i
Gas
preferred
7-
7-15
20c
Combing Corp of Canada, Ltd._
Yellovr Cab Co.—
6-23
7-
(quar.)'
Co.—-Earnings—
revenues_i_
income
Preferred
7-20
7-15
,
$2
Machine Co
-
1949^-Month—1948 *'
$4,595,14.?
Balance *___
♦Earnings
Jr.; CompanyCommon (monthly)
—!____:
6-30
_
Thermoid
Transamerica
4'/2 %
6-17
7-15
7-11
40c
Textron, Ind. (Rhode Island),.
Manufacturing Co.
Towne Securities Corp.—
,
25o
Insurance—
Towle
Sewing
preferred
Wrlgley
,50c
:
Co
Mfg. Corp.- (quar.)
Light* 7 % pfd. (quar.)
preferred (quar.)
;
$1
25c
25C
—
(s-a) __1
Gibbs
Wisconsin
3
7-15
$75c
—
Texas Power &
6%
6%
7-11
7-15
————
Odin
&
Corp._,__2—______
Oil Co., common (quar.)___
Wisconsin Electric Power
Wool
Terre Haute* Malleable &
preferred (quar.|__—
(increased)——____________
Corp.
preferred
Wilccx
11- 5>
#1.12Vit
—
——
Technicolor/ Inc.
Power
Interest and amcrtlz.__i
7-20
convertible
4%
8- 5
8-15
11-15
iquar.)
Steel
&
»■
1
25c
(quar.)
$4
Ltd.—
America
Taylor-Wbai ton
1
Wilcox
3iy4C
Class A pfd.
Corp.,
9
3iy4C
Supertest Petroleum Corp.,
Ordinary bearer —
Sweets
__
(quar.)
(quar.)
preferred
&
on
7-20
50C
—
income
oper.
Other'income '(net
Stockyards CO^—
$2.50
Net
9-15
$1
7-
$1.25
22, 1949, and
169,-p. 2535.
"
50c
Div.r—~
the declaration of a
Payments of 25 cents
Feb. 13, April 20, July 9on
value.
par
6-23
10-
50c :
(quar.)-
Fund, InC.___'
:
Sewing Machine, comm0n1_____—
prior preferred (quar.)
action
no
no
March
on
1948.^-V.
Virginia Electric
Federal
2-1
$1.25 2-15-50
—
common
1—
25Cf
Brook
15,
Operating revenues
Oper. ; expenses,
etc
1
$1.25
(quar.)
Stationery Corp.,
(quar.)—
——
Stetson (John B.)
Company, common
8%
preferred (e-a)——
EteVrart-Warner Corp.
(quar;)—
Stony
Oct.
7-20
8-15
White
$2
stock,
Period End. April 30—
(quar.)
lien
prior
8-
$1.25
i
took
27
common
made
were
June
on
6-15
Co.—
(quar.)
A
6-15
.
(quar.)—1
Tablet &
preferred
each
6-30
7-15
Co.—
(accum.)—
RR.
A
7-15
7-15
Whitehall
Textiles, Inc.
preferred
Vanadium Corp. of
America—Omits Common
The directors
dividend on the
1
I50C
—
Instrument (quar.)j________
Wheeling & Lake Erie Ry.—
25c
:
l
8-
$35c
(quaf./__—
A
Weston Electric
50C
(quar.)__
A
Pacific
8-15
$40c
(quar.)
class
Securities
preferred A
$1.25
Holdert
Payable of Rec.
$1.12'/a
*—_—.
(quar.)
JIOC
preferred (quar.)
preferred., (quar.)
of Canada, Ltd., common (quar.)_
7% partifcipating preferred (quar.)—
Participating
Brothers
6-24
7-15
6-21
J15C
Co.
Brothers'
4'A%
Monday, July 4, 1949,
Whenr
Share
Pulp & Paper
preferred
(quar.) _.—
1
7-15
8-
12'/2C
5%
Sterchi
6-30
8
CHRONICLE
Virginia
tlOC*
claBs
5%
Stern
Wfest
7-11
$3.50 -
&
Standard Silica Corp.
(quar
Stanley Brock, Ltd., class A (quar.)__
Class B (quar.)—
Stecher-Traung Lithograph Corp.—
Steel
Name of Company
6*80
tlOc
93%c
pfd. A <quar.)_
Light, $7 pfd. (accum.)_
A tquar.)_._
—
<quar.)__.
Standard
Class
7-
\
7- 8
Holding Corp., class A
FINANCIAL
pPer™
Payable of Bee.
15c.
15c
Standard
&
Holdere
When
Per
COMMERCIAL
Quarter End. Mar. '31—
♦Net" profit
Shares
outstanding—^
——
Earnings
♦After
per
share
charges and taxes.
Corp.—Earnings—
-
-1949
1948
$476,793
$114,612*
428.200
$1.11
$(627
1947
-V.
169, p. -1493.--
:
194£
..
*
$575,319
$368,7^8
420,000
420.000
420,000
$1.37
-
-
$0.88
Volume
170
Number 4817
COMMERCIAL; &
THE
FINANCIAL
CHRONICLE
(49)
49
:n::
Westinghouse Air Brake Co. (& Subs.)
.
Quarter End. Mar. 31—
•Net
3,172,110
3,172,110
outstanding
share
per
•After
1947
$3,804,405
$1.20
charges and taxes.—V.
'
—
1946
Three Months
$2,413,245*
3,172,1103,172,110
$3,382,263
$1.20
169,
Wilcox Oil Co.—Earnings—
Earnings—
1948
*
$3,795,627
Capital shs.
Earnings
1949
*
profit
$1.06
Gross
Cost of
(S. S.)
White Dental Manufacturing Co.
sales
1949
:
r
■;* Net
income
—v.
169,
561,677
254,879
from
ry.
2^8,838
$1.07
fNet
No.
profit—
of common
Earns,
$0.89
$1.03
■
(& Subs.)—Earnings—
1949—3 Mos.—1948
$767,830
shares..-
,
*349,271
share—'
-$2.06
per com.
•After
The
corporation
will redeem
$4,551,784
v
July
V.
of
15,
.
a
.
-
...
„
•
.
.
on
2465.
p.
*
'
The
ducted
Co.
; "
y
opcr.
169,
754,148
>389,413
June
which
on
11,871,595
10,536,222
2,904,888
2,979,521
,1,342,575
1,705,249
243,838
sale.
the
the
of
$131.50
shares
Other
bids
are
as
of
missioners,
bids
—
will
until
E.
Securities
Bros.
Spencer,
Trask
—V.
169,
3
Banks,
receive
(CST)
12 for the purchase of
improvement,
Series
p.m.
follows:^
1954
and
$14,000 from
1959 inclusive. Bidders to
Princi¬
and interest payable at the
Chase National Bank, New York
pal
Legality to be approved by Storey,
Thorridike, Palmer & Dodge, of
Boston.,! A certified check for $5,.
000, payable to the City Treasurer,
is required.
CALIFORNIA
t
Barstow
V' f7;
Union
^
High Sch. Dist.,
(P. O.;
San Bernardino County
San Bernardino), Calif.
"V'
Bond Sale—The
■
,
1
$495,000 school
bonds offered June 27—v. 169, p.
2576 — were awarded to R. H.
Moulton & Co., of San Francisco,
and the
Security-First "National
Bank, of Los Angeles, jointly, as
23/4s, at a price of 101.23, a basis
of about 2.60%.\ Dated July
1,
1949. The second highest bidder
was Blyth &
Co., and Associates,
for 23/4s, at a price of 100.04.
Sch. Dist., Santa Clara
County (P. O. San Jose),
;; California 'i'-'-'-f'-S'. 'X''
Maricopa County, Phoenix Union
High -School District (P. O.
Phoneix)^ Ariz*-
V
Bond
Sale—The
-
Bond
--
$95,000 school
bonds offered June 20—v.
2362—were
awarded
to
169, p.
Refsnes,
Ely, Beck & Co., of Phoenix, at a
price of 100.005, a basis of about
1.72%, as follows:
$35,000
%s.:
as
1950.
60,000
t
In
Is.
as
and
1,
July 1, 1951
on
the
above
100.08.
issue
will
bear
2*4%, from July
Bond Sale
The $50,000 school
—
bonds offered June 30—v. 169, p.
2254 — were awarded to Henry
Dahlberg
&
Co., of Tucson, at a
par,
a
basis of about
of
$15,000
follows:
as
as
3*4s.
on
July
as
as
2?4s.
Due
on
July
1
3s.
Due
on
July 1 from
1960 to 1963 inclusive.
14,000
as
from
23As.
1965
to
Due
on
1
1968 inclusive.
The second
highest bidder was Kirby L. Vidrine & Co., for $3,000 as IV4S, $3.as
The
l^s, $3,000 as l%s, $3,000
&
Net
own
by
the
expense. A
check
con¬
share
per
i.
1948
$674,822
260,000
$97,35#
$184,225
$414,822
$59,39*
600,800
600,000
$0.31
$0.69
600,09*
$0.t*
———
" ;
'
;
,
1949
■
-
_
—
bf
per
1048
1947
after
Income
Net
No.
3,375 shs.
•
-
-r,
charges
r
Subs.)—Earnings—
■
1,675,06*
*
$4.38
'
...
!l949
1948
39,455
1947
$184,199
$261,486
$392,008
74,800
81,200
-,-
1944
■
.
$669,065
134,89*
'
39,455
41,342
$137031
$68,057
$188,955 *
825,656
825,656
825,656
825,65*
$0.16
$0.08
$0.23
$0.3*
—
capital
per
$3.83
u
■
advertising—
taxes
Earned
'3,373 shs.
1,075,008
C$5.98
share—
profit
of
$6,423,566
1,675,008
shares^
common
168, P. 210.
Prov.' for
$7,335,74&
$10,022,660
common
Quarters End. Mar. 31—>
Net
3,373 shs.
„_
1949
and other
other
Zonite Products Corp. (&
Robert
and
for
to
exceed
American
as
follows:
1957
$1,000, payable to the
Supervisors, is required.
Board of
Goshen
shares
share
121,853
213,10*
$321,14*
NOTE—Above
figures include Canadian and Mexican subsidiarity
but exclude English subsidiary and
Australian* and Chilean branches.—.
V; 169, p. 420.
Sch.
cer¬
5%
interest
Union
on
Schooi
Aug. 1,
Dist.,
(P. O.
tion
(J-J) payable
County Treasurer's office,
the
A
certified
bonds
check
bid
for,
for
of the
5%
payable
to
Rio
County (P. O.
Fairfield), Calif. *
County (P. O. Sacramento)^.;»v
Caiif.'^:;::-^
Sale—The
Bond
bonds
offered
2690
<p.
Bank
27—v.
169,
awarded " to the
were
—
$27,000 school
June
of America
National
Trust
&
Savings Association, of San
Francisco, at a price of 100.32, a
basis of about 3.08%, as follows:
$17,000
31/4S,
as
Due
on
Aug.
3s. Due
as
1963 to
on
Aug. 1 from
1967 inclusive.
County (P. O. San Bernardino),
Calif.
Bond
school
Sale Details—The Ameri¬
National
&
Savings Association,
Francisco, for $240,000
and
•
7 *
$40,000
^bonds . purchased by the
Bank x>i America
Trust
San
l%s,
previously
of
as
$160,000 as IVzs, as
v. 169, p.
2690, were sold
price of 100.02.
noted in
at
a
River dale
Joint
15
Bond
Sale—The
15, 1949. Denomina¬
Due $5,000 on June
$1,000.
from
1950
to
1960
inclusive.
Principal and interest (J-D) pajK
able at the County Treasurer's of*
fjce.
These
are
A
certified
check
on
for1
Trust
Co.,
Weeden
payable to the Chaiiman Board oi
Supervisors, is required.
^
»
f
Santa
South
Los
Anita
Sch.
Dist^
Angeles County (P. O.
Los
Angeles), Calif.
Sale—The $290,000 school
bonds offered June 28—v. 169, p.
Bond
$100,000 school
2798
were
awarded to Paine,
169, p.
2690—were awarded to the Bank Webber, Jackson & Curtis, of Chi¬
of America National Trust & Sav¬ cago, and Dean Witter & Co., of
San Francisco, jointly, as 2%s, at
ings Association, of San Francisco,
a price of 101.764, a basis of about
as 2s, at a price of 100.031, a basis
of 1.99%. Dated July 1, 1949. Due 2.58%. Dated July 1, 1949 and due
on July 1 from 1951 to 1970 inclu¬
on July 1 from 1950 to 1959 inclu¬
Second high bid of 101.727
sive. The second highest bidder sive.
was
William R. Staats Co., and for 23As was made by R. H. Moul¬
ton
& ,Co.,
and
Security-First
California
Bank, Los Angeles,
bonds
—
offered June 24—v.
Co.,
&
1958 to 1974 inclusive.
follows:
$20,000 from 1950
$15,000 in 1953
1,
as
to
1952 inclusive;
and
Plumas
■>..
May
3%#>
Heller, Bruce & jointly, for 2y4S, at a price of National Bank of Los Angeles,
jointly.
Co., all of San 100.06.
7 "'77; :7,' •" • '7'.
Francisco, William R. Staats Co.,
Sutter Union School District,
Santa Clara County Sanitation Dist.
of Los Angeles,, J. Barth & Co.,
Sacramento County (P. O.
No. 2 (P. O. San Jose), Calif.
Lawson, Levy & Williams, SchwaSacramento), Calif.
Bond Offering—Albert J. Newbacher & Co., all of San Francisco, j
Bond Offering — C. C. LaRue,
Clerk, will receive
and Hill, Richards & Co., of Los lin, County
sealed bids until 11 a.m. (PST) on County Clerk, will receive sealed
Angeles, were associated with the
bids until 10 a.m. (PST) on July
Bank of America National Trust July 5 for the purchase of $525,000
not to
exceed
5%
interest 5 for the purchase of $38,000 not
&
Savings Association, of San
to exceed 5% interest school cou¬
Francisco, in the purchase of $1,- sewage disposal plant and sewage
Dated
coupon
or
registered pon or registered bonds.
000,000 school bonds at a price of system
Dated Aug, 1, 1949.
Denomination $1,De¬ Aug. 1. 1949.
101.27, a basis of about 2.26%, for bonds.
Due $2,000 on Aug. 1 from
Due on Aug. 000.
$150,000 as 3V4S, and $850,000 as nomination $1,000.
can
7
the bonds author-
ized at the election held
24.
Union Sch. Dist.,
County (P. O.
Fresno), Calif.
interest school bonds.
June
Fresno
1
from 1951 to 1962 inclusive.
10,000
Bond Sale Details—The
5%
Dated
tion
no
"
Lincoln Sch. Dist., Sacramento
...
Vista/Elementary Sch. Dist.,
'
;
County Treasurer, is required.
Santa Paula Union High Sch. Diet.,
"■/) Ventura County (P. O.
exceed
the
Chairman of the Board of Super¬
visors, is required.
the
National
ings! Association,
cipal and interest
at
purchaser without cost,
A certi¬
fied check for $2,500, payable to
T*""
Ventura), Calif. " ' ' v
"
Trust & Sav¬
Bond Offering—L. E. Hallowell,
San Francisco,
County Clerk, will receive sealed
for $15,000 as 3V4S, and $38,000 as
bids until 10 a.m. (PST) on July 5
3s, at a price of 100.14, for $36,000 for the
purchase of $55,000 not to
as 3s, at a pricpJof 100.19.
*
'$•.
America
$1,000. Due $2,000 on July 1
from 1950 to 1974 inclusive. Prin¬
1950 2y4s, as previously noted in v. 169,
$4,000 p. 2798.
114,000 San Joaquin School Dis¬
trict bonds. Due on Aug. 1, as
a
on
1960 inclusive,
$5,000 from
inclusive, and
basis of about 2.72%. election held on Dec. 14, 1948. The
July 15 from 1950 to approving opinion of Orrick, Dahlv *
V1;
J- quist, Neff & Herrington, of San
36,000 Mann Elementary School Francisco, will be furnished to the
100.13,
Due
Tulare County
Visalia), Calif.
j
District bonds, at a price of
Bond Offering—Gladys Stewart,
p ": 100.14, a basis of about 2.72%.
County Clerk, will receive sealed
'Due on July 15 from 1950 to
bids until 10 a.m. (PST) on July 5
•
^p 7
for the purchase of $50,000 not to p p 1959 inclusive..
Dated July 15, 1949. The second
exceed 5% interest school bonds.
Dated July
1, 1949. Denomina¬ highest bidder, was * the. Bank of
pur¬
school bonds, divided as follows:
County School Districts
Quincy), Calif,
(P. O.
1954; $20,000 from 1955 to
1964 inclusive; $25,000 from 1965
to 1969 inclusive, and $22,000 from
1970 to 1974 inclusive. Principal
Bond Sale Details—The $89,000
to
in school bonds purchased by Schwa- and interest (F-A) payable at the
bacher & Co., of San Francisco, as County Treasurer's office.
1968 and 1969.
Bid¬
Dated Aug. 1, 1949. Denomina¬ previously noted in v. 169, p. 2577, ders to name the rate of interest,
,were sold as 23As, as follows:
expressed in a multiple of V\ of
tion $1,000. Principal and inter¬
1%.
These bonds are part of the
est (F-A) payable at the County $53,000 Taylor Elementary School
District bonds, at a price of $650,000 issue authorized at the
Treasurer's
office.
A
certified
1967
19*9
120,000
profit
Earned
■>
Ontario Sch. Dist., San Bernardino
Bond Offering—E. Dusenberry,
County Clerk, will receive sealed
bids until
10:30 a.m.
(PST) on
July 12 for the purchase of $222,-
from
•
$304,225
taxes
168, p. 1525.
Number
.
multiple
approving
Fresno County
$108,000
.
*
v
,
the rate of
a
tified check for $1,000, payable to
the County Treasurer, is required.
not
2689.
p.
revenues
_$106,574,356 $88,033,031 $72,035,3SI
operating expenses—
83,475,417
71,985,000 57,192,31#
Depreciation
and
depletion.
2,936,588
2,828,962
2,716,014
Interest
206,691
232,502
206,29*.
Provision
for contingencies
2,000,000
1,500,000
Federal
income taxes
7,933,000
5,063,000
4,585,00®
" 3,373 slis.
market attorney
furnished
chaser at his
0C0
Brothers
*
follows:
July
Dated Jan. 1, 1949.
000
be
1%.
some
to
1
from 1955 to 1959 inclusive.
8,000
shall
of
District bonds. Due
-
Due
from 1950 to 1954 inclusive.
13,000
name
Sch. Dists. (P. O.
Fresno), Calif.
Maricopa County School District
No. 21 (P. O. Phoenix), Ariz.
price
Bidders to
V4
Lehman
Dated Aug. 1, 1949. The second
highest bidder was Weeden & Co.,
for 3x/4s, at a price of 100.88.
;
County Treasurer's of¬
opinion of
'
2.85%,
fice.
of
1950.
to
registered bonds.
Dated Aug. 1, 1949.
Due Aug. 1,
as
follows:
$6,000 in 1950, and
$5,000 from 1951 to 1960 inclusive.
Principal and interest (F-A) pay¬
cou¬
Dated Jan. 1,
1949. The second highest bidder
was
Henry Dahlberg & Co., and
Associates, for l%s, at a price of
1,
school coupon or
interest, expressed in
to
total
to
1949
July
■'
•
the; entire
interest
on
Offering—Albert J. Newlin, County Clerk, will receive
sealed bids until 11 a.m. (PST)
on
July 5 for the purchase of
$56,000 not to exceed 5% interest
able at the
Due
1952.
addition
pons,
Due
'
169,
CITY DEPARTMENT
Cambrian
*
above.—V.
prefit^■
Costs
—V.
bidding
Co
.
369-375
the rate of interest.
name
basis of about 2.90%.
$145,000
•
$15,000 from 1950 to
inclusive,
1955 to
as
July
bonds.
Dated July 1, 1949.
De¬
nomination $1,000. Due on July 1,
as
2s. $9,000 as 214s, $5,000 as
sealed
competitive
Hutzler—___i_—__k_
&
'
•
BOND PROPOSALS AND NEGOTIATIONS
Com¬
on
.
inoome
sales
Net
2689.
p.
2V2S,
2%s, $6,000 as 2%s, and
$12,000 as 2%s, at a price of par, a
of
will
were:
;
Corp
&
■
•
Bond Issue
Youngstown Sheet & Tube Co. (& Subs.)—Earnings—*
flat, by North American
receive
the
proceeds from
_____
Salomon
D/.
the Board
—V.
share,
a
and
submitted
follows:
STATE AND
Offering
at
shares
...
by each
City Bank Farmers Trust Co., New York, has been designated trustee
and registrar for the issue.—rV.
167, p. 2367.
Bond
8,650)193
»
Bard
Union
.
Co.
on
1,304,339
Shields & Co
$4,000
Power
Capital shares outstanding..—
&
Co., Inc.' (jointly),
$129.6899; Kidder, Peabody & Co.,
Lynch, Pierce, Fenner & Beane and Equitable Securities Corp.,
$128,101 a share.
/,
! J
The bankers offering the stock and the number of shares offered
v
ss
Net
148,150
'
909,968
bid
a
owned
Proceeds will be used to repay bank loans and to finance
Ala.
;
y
2,236,436
awarded
was
27
property improvements.
ALABAMA >
584,104
Merrill
Privately—The com¬
pany has sold privately to an insurance company $1,450,000 first mortgage bonds series C 3%, due June
1, 1979.
:
England
beforq Federal income taxes—
Federal
205,150
809,403
11,160,146
income—
group
the
Wichita Water Co.—Bonds Sold
Chairman
Profit
2689.
p.
W.
,
tAnniston,
1946
$1,617,721
,
"
-
New
Earnings
railway
railway
■
Co.—Hearing
3 Months Ended May 31—
'
-
•
$2,292,602
J
lrom
ry.
1949, at the Chemical Bank & Trust Co., New York, N. Y.—»
169,
See
\?y Union Securities
Corp. offered to the public on June 28 13,494 shares 6%
cumulative preferred stock (par $100). The
stock, which
is non-callable, was priced at $132.25 a
share, plus ac¬
crued dividends.
The offering does not represent new
financing by the company.
; \
>/. *
>.
r
.'
$4.26
..
.
•
/
349,106
$12.46
.
-
cumulative
$4
1949
Wisconsin Electric Power Co.—Preferred Stock Offered
—An underwriting group headed
$1,687,379
349,271
$1.83
taxes.
605,587
$1.50
168, p. 1946.
Worcester County Electric
$1.07
-;
1947 !
$2,506,901
345,144
income—
"*
$2.38
$959,20*
352,Uf
$2.92
Wyandotte Worsted Co.—Earnings—
1948
$2,349,077
,
705,4o2
share—
per
194?
$1,061,538
705,462
-Quarters Ended March 31—
Aug: 1, 1949, all of its outstanding
preference stock at the redemption price of
$56 per share which includes the unpaid dividends of $1 per share
accrued to Aug. 1.
Holders may receive payment in full on or alter
shares
$0.32
Ry.—Earnings—
railway——*,.
from
—V.
1949—12 Mos.—1948
.
349,106
,
■*
charges and Federal income
,
$691,953
Calls Preference Stock—
:
Earnings
1948
$1,678,311
$301,561
"■
Gross
f
railway
oper.
Net
*0
'
.
From January 1—
'
Net
<
"
1949
from
Net
$306,798
298,898
v.'-;-
Period End. Mar. 31—
1948$90,004
May—
Gross
Net
$264,866
2.8,918
:_J
White Sewing Machine Corp.
*•
income,
on
______
Wisconsin Central
$4,938,592
468,097
*203,231
$320,135
420.?'
p.
taxes
'
^
Capital shares outstanding
Earnings per share;
2,495,060
100,000
NOTE—No provision for income taxes considered necessary for
quarter.—V. 168, p. 2332.
'VA.....V
.i
...
$4,620,061
566,163
taxes—*.
Income-taxes
'
for
income
1949
profit after charges and taxes—
Capital shares outstanding—
$2,896,621
2,000,716
Co.—Earnings—
Quarters Ended March 31—
Net
1947
24o,0*8
income
$2,090,720
Earned per share on 280,778 shares outstanding
(& Subs.)—
1948
$5,184,407
x
Profit, before
■
1948
J
—V.
Earnings—
...Quarter Ended March 31—
Net
1949
1821.
p.
Net
.«
Woodward Iron
"
31—
operations—r_
Provision
$0.76
Ended March
income
$6,000 from 1950
inclusive, and $3,000
.
V
1951
to
1969
to
inclusive.
the rate
name
of
Bidders
interest,
ex¬
pressed in a multiple of y4 of 1%,
Principal and interest (F-A) pay¬
able
at
the
County Treasurer's
office.
The approving opinion
Orrick,
Dahlquist,
Neff
&
of
Her¬
rington, of San Francisco, will be
to the
purchaser.
A
furnished
check
certified
able
to
the
required.
for
$3,800,
pay¬
County Treasurer, is
'
50
(50)
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, July 4, 1949
v*
*
West wood Unified School District,
-
in
.
Lassen
<
Bonds
not
Not
Sold—The
to exceed
bonds
-received
5%
not
were
bids
all
in 1969.
rejected.
were
400,000
connecticut
Connecticut
3
(Sate
Bond Sale—The
the
$1,000,000 Wil¬
Northern
Trust
Co., of Chicago, and W. H. Morton
& Co., of New York,
jointly, as
iy4s, at a price of 100.51, a basis
000
of about 1.24%. Dated Oct.
1, 1947.
Due on Oct. 1 in 1956 and 1957.
The
second
Bankers
highest
Co.,
bidcter
Trust
Mercantile
New
Commerce
-
was
York,
&
Bank
Trust
Co., St. Louis, and Cooley
& Co., jointly, for 114s, at a price
of 100.50.
obligation
June 23
Co.,
l%s, at
Hartford, and Estabrook
New York,
jointly, as
price of 100.18, a basis
about
1.73%. Dated July 15,
of
a
1949. Due
$58,000
1
offered
bonds
awarded to Putnam
were
& Co., of
and
July 15,
on
from
1951
$65,000
in
follows:
as
to
1965
inch,
and
1966
1967.
Legality approved by Day, Berry
& Howard, of Hartford. The sec} ond highest bidder was the First
National Bank, Boston, Lee HigV ginson
Corp., and Bear, Stearns
& Co., jointly, for
l%s, at a price
'
...
of 100.07.
New
Haven, Conn.
Offering—Cecil J.
Bond
*
lows:'
$989,000 General Public Imp. No.
;
14 bonds.
Due on July 1, as
follows: $50,000 from 1951 to
inclusive, and $39,000 in
1969.
661.000 General Public
Imp. No.
14 bonds.
Due on
July 1, as
r
followst $75,000 from
r-' -
1959
1951
to
inclusive, and $61,000 in
1959.
*
45,000 General
11
bonds.;
Public
Due
on
maturing in the
are
Imp. No.
July 1, as
prior
payment
date
the
any
in¬
thereafter
<
The certificates of both of
said issues maturing in the
years
are
redeemable,
thereof, from the date
of redemp¬
tion to the stated date of
maturity
ders to
such
certificates.
the rate of
name
be furnished free of
charge to the
cates, payable to the City, is
quired.
Dated July
tion $1,000.
to
1956
inclusive.
1, 1949. Denomina¬
Bidders to
office.
The
ap¬
proving opinion? of Storey, Thorndike, Palmer & Dodge, of Boston,
will be furnished to the
purchaser.
A certified check for 2% of the
value
par
of
the
bonds
payable to the above
required.
'
bid
for,
Note
Glynn,
sealed
Offering
bids
until
,
J.
will
receive
11
a.m.
Mc-
(DST)
¥
the
purchaser
the
at
Authority.
the
expense
of
of
Revenues, will receive sealed
noon
(EST) on July 12
for the purchase of
$300,000. 2J/2%
road
improvement
coupon
or
bids until
on
May
1
from
1951
to
Principal and in¬
Atlanta,
option
of the
holder
at
or
cost to
check
the purchaser. A certified
for $6,000, payable to the
will
receive
sealed
Gordon
County (P. O.
Calhoun), Ga.
until
9
a.m.
(CST) on July 13 for the
purchase of $2,100,000 not to ex¬
ceed
3*4%
interest
coupon
or
registered,certificates,
divided
as
follows:
i
$1,700,000 paving certificates. Due
Nov. 1 as follows:
$60,000 in
1950, $62,000 in 1951, $64,000
in 1952, $67,000 in
1953, $69,000 in 1954, $71,000 in
1955,
$74000 in
1956, $76,000 in
i
1957, $79,000 in 1958, $82,000
.
'
'
'
bonds
/ '
'
$321,000 bridge
offered June 24—
2690—were awarded to
p.
1950
to
1960
inclusive.
highest bidder
The
Halsey,
Co., for iy2s, at a price
Bonds
Not
Sold—The
$300,000
Thomasville, Ga.
Bond Sale—The
$125,000 2Vz%
school community
building bonds
offered June 27—v.
169, p. 2798—
were
awarded
to
Clement
A.
Evans & Co., of
Atlanta,
price of
103.66,
1.97%.
a
basis
of
at
about
Dated Jan. 1, 1949.
Jan. 1 from 1950 to 1965
The second
highest bidder
Trust
Co.
of
Georgia,
on
a
was
Sale—The
$28,000
basis of about
1, 1949. Due
to
1956
1.64%. Dated June
on
July 1 from 1950
inclusive.
highest bidder
was
Co., Covington,
as
The
Neal
&
second
Fountain Trust
2s, at'a price
of 101.25.
'
Attica
School
City,
Bond Offering
—
Ind.
?
Robert L.
Glover, Secretary of the Board of
School
Trustees,
will
receive
sealed
bids until 11 a.m.
(CST)
July 9 for the purchase of $15,-.
000 not to exceed 2%% interest
school
building
(1949)
bonds.
Dated July 1, 1949.
Denomination"
$1,000. Due $1,000 on July 1 from
on
the
rate
of
Bidders to
interest,
ex¬
multiple of ^4 of 1%.
The approving opinion of
Ross,
McCord, Ice & Miller, of Indianopolis, will be furnished to the
purchaser
a
at
School City.
the expense of the
A certified check for
$500, payable to the School City,
is required.
of
,
ing
and
improvement
fered
June
were
awarded
incl.
a
28—v.
to
169,
the
bonds
p.
of¬
2690—
Northern
Co., of Chicago, as l%s at
price of 100.14, a basis of about
1.73%.
on
Dated July 1, 1949. Due
July 1 from 1950 to 1959 incl.
second' highest bidder was
Blyth & Co., for 2s, at a price of
The
101.88.
the
\V
a
at the
;
v;1
*
,
Bonds Sold—An issue of
•
school
building
sold to
$15,000
the
bonds
has
been
City Securities Corp.,
Co., Indianapolis
Bond & Share Corp., and Raffensperger,
Hughes & Co., all of
Indianapolis, jointly, at a price of
100.10, a basis of about 2.73%.
Fletcher
Trust
iowa
Ames Indep.
School District, lower
I Bond Sale—The $400,000 school
building bonds offered June 24—
v. 169, p. 2691—were awarded
to
the First National Bank, and Wil¬
liam Blair &
jointly,
as
Co., both of Chicago,
l%s, at a price of
100.01, a basis of about 1.74%.
Dated July 1, 1949. Due on July 1
from 1950 to 1969 inclusive,
Cedar
Bond
Rapids,
Sale—The
vf /
Iowa /
/
7;
$250,000 bonds
offered June 23—v. 169, p. 2691-^
were awarded to Salomon Bros/ &
rate
Hutzler, of New York,
follows:
1.10s,
as
as
*
.
•;
■
$200,000 water work bonds, at a
price of 100.05, a basis of
'/vZ about 1.08%.
Due on Oct. 1
'
from
1952 to
50,000 river
1955
front
bonds, at
a
inclusive.
improvement
price, of 100.14,
basis of about 1.05%.
•
the
the
Washington Twp. (P. O.
Marion), Ind.
•7#
E.
of
of
expense
,
City.
A
$5,000, payable
Scottsburg, Ind.
Secretary
ers,
the
name
purchaser
School
Offering—James
i
Bond
15, 1954; $5,000 on
$4,000 on July 15,
1956; $5,000 on Jan. 15
$3,000 on July 15, 1957 and
and
Township. A certified check for
$500, payable to the School Town¬
ship, is required, h r
to the School City, is required.
Rog¬
Board of
Ind
•April 1, 1953
Dated June
Trustees of the Water Works De¬
Due
1954.
*
a
on
- •
1, 1949. The second
highest bidder
was
the Merchants
partment, will receive sealed bids National
Bank, Cedar Rapids, at
until 2 p.m. (CST) on July 11 for
a price of
100.12, for the $200,000
the purchase of $350,000 not to ex¬
water works bonds as iy2s, and at
ceed
interest
4%
water
works
a price of
100.10, for the $50,000
river
front improvement
bonds
1, 1949. Denomination $1,000. Due as
iy2s.
on April 1, as follows: $5,000 from
V Additional Sale
The $25,000
1950 to 1953 inclusive; $6,000 from
1954 to 1958; $10,000 from 1959 to park bonds offered on same date
were
awarded to the Merchants
1964
inclusive; $11,000 in 1965,
and $13,000 from 1966 to 1983 in¬ National Bank, of Cedar Rapids,
as iy>s, at a
price of 100.20, a basis
clusive.
Principaland interest
revenue,
1949 bonds.
Dated June
—
(A-O) payable at the Scott Coun¬
ty State Bank, Scottsburg. Bidders
to
the
rate
of
interest, ex¬
a multiple of V\ of 1%.
approving opinion of Ross,
McCord, Ice & Miller, of Indian¬
apolis, will be furnished the pur¬
chaser at the expense of the Town.
A certified check for $3,000 pay¬
able to the Town, is required.
name
of
about
1949.
elusive.
pressed in
der
'
;
.
Indiana
Bond Offering
Jones,
County
—
169,
until
10
&
Co., for
bonds
Bank
price of
a
offered
1823—were
State
Due
on
of
par.
V
$8,000
water
May
3—v.
awarded
to
Vinton, as 3s,
Dated April 1,
Dec. 1 from
1951
to
District, Iowa
"
1966 inclusive.
Keota School
a.m.
July 7 for the purchase
of $450,000 not to exceed 3% in¬
on
Sale—The
p.
1„
highest bid¬
Garrison, Iowa
;
works
at
June
1959 in-;
price of 100.60.
a
Bond
the
Dated
1950 to
Ravenscroft
was
1949.
Joseph G.
Auditor, will re¬
bids
sealed
(CST)
;
•:
from
The second
l3/4s, at
Vigo County (P. O. Terre Haute),
1.46%.
Due
The
ceive
Bedford School City, Ind.
Bond Sale—The $200,000 build¬
Trust
Atlanta,
Waggoner, and
Norris &
Hirshberg, Inc., jointly,
at a price of 103.06.
Wyatt,
street
the
July
and
rate of interest, ex¬
multiple of y4 of 1%..
The approving opinion of Ross,
McCord, Ice & Miller, of Indian¬
apolis, will be furnished to the
of interest, expressed in a mul¬
tiple of y4' of 1%. The approving
opinion of Ross, McCord/ Ice &
Miller, of Indianapolis, will be
furnished to the purchaser at the
certified check for
Indianapolis Bond & Share Corp.,
as
l3/4s, at a price of 100.37, a
Due
was
to
1960, $25,000 Jan. and $20,000 July
1, 1961 to 1964, and $20,000 Jan. I,
name
and
pressed in
$15,000 July 1, 1955 and 1956, $15,000 Jan. and July 1, 1957 and 1958.
$20,000 Jan. and July 1, 1959 and
to
July 15,
$1,000.' Due
1958, and $5,000 on Jan. 15 and
$3,000 on July 15, 1959. Bidders
1, 1949. Denomination $1,000. Due
$5,000 July ly 1950, Jan. and July
1, 1951, $10,000 Jan. and $5,000
July 1, 1952, $15,000 Jan. and July
1, 1953 and 1954, $20,000 Jan. and
Bidders
Dated
on
15
15
and
(CST)
purchase of
1965.
bonds.
and
1955
sealed bids until 6:30 p.m.
—
name
offered June 28—v.
169,
2798—were not sold as all bids
received were rejected. The bonds
are being reoffered on
July 8.
15
Jan.
j
V'.
receive
(CST)
purchase of
a.m.
July 15, 1950; $4,000 on
July 15, 1951 and
1952; $5,000 on Jan. 15 and $4,000
on
July 15, 1953; $4,000 on Jan.
warrants, divided as
- - -
on
bonds offered June 27—v.
169, p;
2690
were
awarded
to
the
pressed in
bonds
bids
Wayne), Ind.
1950 to 1964 inclusive.
p.
—
from
Ex¬
Commissioners of Roads and Rev¬
The date of sale of the
$280,000
Pensacola, Fla.
Certificate Offering
J. E.
Frenkel, City Clerk-Comptroller,
•
Rappensperger, Hughes & €p., of
Indianapolis, as iy2s, at a price of
101.01, a basis of about 1.31%.
Dated July 1,1949. Due on July 1
at the
the
change
Series M-2 notes has been
changed
from July 8 to
July 6.
FLORIDA
1949
169,
terest (M-N) payable at the Trust
Co. of Georgia,
enues, is required.
'
Fort
of
a
County (P. O. //
Bond Sale—The
v.
in
indiana
Allen
Bond
on
Bank, Milledgeville. The
July 8 for the purchase of
$280,000 Series M-2 notes. Dated approving opinion of
Spalding,
Sibley, Troutman & Kelley, of
July 11, 1949.
Due on Jan. 11,
1950.
The approving opinion of Atlanta, will be furnished without
Robinson, Robinson & Cole,
Hartford, will be furnished to
£
Milledgeville), Ga.
1970 inclusive.
John
—
Secretary,
expressed
expense
$15,000
Connecticut
or
Attica, Ind.
and
$3,000
Due on Nov.. 30, 1949. The ap¬
proving opinion of some market
attorney will be furnished by the
Department of Law of the City.
the
of 100.54.
Bond Offering — Marion
Ennis,
Clerk of Commissioners of Roads
•
warrants.
and
name
Treasurer, is required.
Baldwin County (P. O.
Dated May 1,
Controller, is registered bonds.
•'
Y 1949. Denomination $1,000. Due
Wallingford Housing Authority,
:,,
the
Denomination
Jan.
$1,000,000 general fund warrants.
150,000 firemen's pension fund
interest
purchaser
Bidders to
interest,
District
second
georgia
rate of interest, expressed in a
multiple of y4 or 1/10 of 1%. Prin¬
cipal and interest payable at the
\ City Treasurer's
of
Stuart &
the
name
re¬
1949.
July 13 for the
$500,000 not to exceed 3% interest
improvement bonds.
Dated Aug.
the
to
multiple of
Bid¬
a multiple of y4 of
approving • opinion of
Caldwell, Marshall, Trimble &
Mitchell, of New York City, will
3%
interest
follows:
on
approving opinion of Chapman &
Cutler, of Chicago, will be paid
for by the District. ; A certified
check for $2,000, payable to the
rate
interest,
The
building
De¬
1/10 of 1%. The
agreeable
expressed in
1%.
(CST)
Principal and In¬
(J-J) payable at such bank
Chicago, as may be mutually
ment, such premium in no event,
however, to exceed 3% of the par
of
4%
receive
inclusive.
of the certificates called for
pay¬
value
bxceed
to
the District.
price of
mium of y4 of 1% of the
par value
thereof for each year, or fraction
will
for
15
10
$82,000 not to exceed 3% interest
July 11 for the pur¬
$1,150,000 not to exceed
of
until
Whitsel,
will
Trustee,
bids
July
on
on
chase
Park
Twp. Sch. Twp. (P. O.
Township
the
(CST)
Nelson,
of
Com¬
West Lafayette), Ind.
,
sealed
Michigan City School City, Ind.
Bond Offering — Stanley A.
Lauer, Secretary of the Board of
School
Trustees,
will
receive
as a
part, in inverse nu¬
order, at a redemption
par and accrued interest
to date of
redemption, plus a pre¬
Board
terest
in
in
or
not
1963
turity.
merical
the
for
Bond Offering—Gilbert
Dated
park coupon bonds. Dated July 1,
1949.
Denomination $1,000.
Due
$10,000 on July 1 from 1954 to
ma¬
purchaser.
A certified check for
2% of the par value of the certifi¬
1954
000
option of the City on May
1952, or on any interest pay¬
whole
Wabash
inclusive.
name
check
missioners, is required.
July 1 from 1951 to 1968
on
July 11 for the purchase of $100,-
the years 1968 and 1969
redeemable prior to maturity,
prior to
of
Commissioners,
at the
1,
tified
able to the Board of County
nomination $1,000. Due $1,000
Commerce
sealed bids until 8 p.m.
in
ment date thereafter
-
Bond Offering—Hans A.
cates of both of said issues matur¬
are
Mercantile
Secretary
prior to maturity, and the certifi¬
ing
bonds.
purchaser at
County. A cer¬
3% of the face
value of the bonds bid upon, pay¬
,
to
of
Twp.
the
to
the expense of the
W.
July 1, 1949. Bidders to
rate
of
interest, ex¬
Bank & Trust Co., of St. Louis, as pressed in a
multiple of y4 of 1%.
l%s, at a price of 100.004, a basis The approving opinion of Ross,
of about 1.87%. Dated July 1, 1949.
McCord, Ice & Miller, of Indian¬
Due on Jan. 1 from 1955 to 1965
apolis, will be furnished to the
inclusive. The second highest bid¬
purchaser.
,v/ - V-. ■''/*
der was G. H. Walker &
Co., for
Indianapolis, Ind.
:
$88,000 as 2s, and $37,000 as 2^s,
Warrant Offering — Phillip L.
at a price of 100.02.
;
Bayt, City Comptroller, will re¬
Oak Park, Park District, III.
ceive
sealed
bids
until
1
p.m.
the
to
ed
1957
years
maturity, at> the option
City on May 1, 1956, or
terest
18,000 Civil
Authority
Bond Sale—The $125,000 airport
development bonds offered June
27—v. 169, p. 2690—were award¬
maturity.
redeemable
Ralph
1 from 1951 to Jan. 1, 1963 in¬
clusive, and $1,200 on July 1,
1963 and Jan. 1, 1964.
Liberty National Bank and
Civic Memorial Airport
The certificates of both of said is¬
1967
'
Trust Company of Louisville.
certificates of both of said
issues maturing in the
years 1950
to 1956 are not redeemable
prior
to
—
Township bonds.
Denomination $600.
Due as
as
follows: $600 on July 1,
1950; $600 on Jan. 1 and July
interest
accrued
premium
a
at
or
tion of the holder at the Chemical
Bank & Trust Co., New York
sues,
par and
of 2% will be
made at the office of the trustee
May 1, 1949. Denomina¬
$1,000. Principal and interest
(M-N) payable at the City ClerkComptroller's office, or at the op¬
their stated dates of
at
plus
Dated
to
Offering
Miller, of Indianapolis, will
furnished
be
$18,000 School
(P. O. Box 45, East Alton), III.
follows: $10,000 from 1951 to
1953
inclusive,
and
$5,000
i
ment
1968,
from
i
,
in
(Mississippi River
Bridge),'due Aug. 1, 1962. Pay¬
tion
1957, to 1969
Mar¬
lowe, City Controller, will receive
sealed bids until 1 p.m.
(DST) on
July 7 for the purchase of $1,645,600 coupon
bonds, divided as fol¬
1968
in 1967, $27,000
$29,000 in 1969.
and
Bond
Chemical Bank &
bonds
nue
City.
Bond Sale—The $1,000,000 water
&
Due
The
Middletown, Conn.
general
certificates.
—
Ice &
Twp. (P. O. Rt. No. 3,
Elkhart), Ind.
,
*
Trust Co., of New York, as trus¬ Kemble, To'wnship Trustee, will
tee, has drawn by lot for redemp¬ receive sealed bias until li a.m.
tion
on
Aug.
1, 1949, through (CST) on July 8 for the purchase
operation of the sinking fund, of $36,000 not to exceed 4y>% in¬
$141,000 principal amount of Cairo terest building bonds, divided as
Bridge Commission bridge reve¬ follows:
.
sewer
Cleveland
Bridge Commission, III.
Bond Call
as follows: $13,000 in
1950, $14,000 in 1951 and 1952,
$15,000 in 1953 and 1954, $16',000 in 1955, $18,000 in 1956
and 1957, $19,000 in 1958 and
1959, $20,000 in 1960, $21,000
in 1961, 22,000 in
1962 and
1963, $23,000 in 196*4, $24,000
in 1965, $25,000 in 1966,
S26,-
—
to
Cairo
Nov. 1,
of)
bur Cross Parkway bonds offered
June 28
v. 169, p. 2690 — were
awarded
illinois
196*1, $91,000 in 1962,
in 1963, $97,000
in
1964, $101,000 in 1965, $104,000 in 1966, $108,000 in
1967,
$112,000 in 1968, and $116,000
$120,000
as
in
$94,000
interest school
sold
1959, $85,000 in 1960, $88,-
000
County (P. O.
Susanville), Calif.
Bonds
500
Sold—An issue of
$10,-.
improvement bonds has been
sold
to the White-Phillips Co., of
Orphans'
Home
Davenport, as 2s, at a price of
Aug. 1, 1949.
De¬
100.80.
These
bonds
were
au¬
nomination $1,000. Due $20,000 on
thorized at the election held on
June 1 and Dec. 1 from 1950 to1
May 5.
1954
inclusive, and $25,000 on
terest
Glenn
bonds.
Dated
June
and
1959
1
Dec.
inclusive.
1
from
1955
Bidders to
to
name
the rate of
a
interest, expressed in
multiple of y4 of 1%.
The ap¬
proving opinion of Ross, McCord,
\
Bond
Oskalossa, Iowa
Offering—The City Clerk
will receive sealed bids until
July
5
for
the
purchase of
$100,000
street
improvement bonds.
Volume
170
Number 4817
■
THE
Treynor Con. School District, Iowa
i
Bond Sale—Tne $100,000 build¬
ing bonds offered June 27—v.
from
169,)
to
bonds
shall
Savings Bank,
of Council Bluffs, as 21/4S, at a
price of 100.62, a basis of about
2.16%. Dated June 1, 1949. Due
whole
or
2799—were
p.
awarded
1950 to
the Council Bluffs
Dec.
on
Van
1
from
Home
Bond
1950
Con.
1963 incl.
to
Sch.
Disl., Iowa
until 2 p.m. on July 6 for purchase
of $80,000 building bonds. Dated
July. 1, 1949.
Due on Dec. 1, as
follows: $4,000 from 1950 to 1964
inclusive, and $5,000 from 1965 to
were
on
May 2. The approving opinion of
Chapman & Cutler, of Chicago,
will be furnished by the District.
certified
A
of the
amount
the
check
for
of
2%
the
bonds, payable
District, is required,
,
\
,
I
Bond
City
Offering
2%%,
ing
revenue
sealed
on
Dated July 1,
bonds.
Denomination
1949.*
any interest pay¬
on
or
$1,500,000
after
1964
July 1, 1954,
and after July 1,
after
and
on
all
on
bonds maturing
on
July 1,
&
Fulton, of Louisville,'will
be furnished by the City. A cer¬
son
tified
check
for
$700 is required.
LOUISIANA
Cameron
Parish Sch.
Dist. No.
15
V
(P. O. Cameron), La.
Bond Offering — Thos. W. Mc.
for
26
$1,000. > Due
10
the
(CST)
a.m.
purchase
equipment
Sept. 15, 1949.
Due
.
July
$115,000
on
of
not to exceed 4% interest
000.
4%
30
on
Co,, Versailles. The approv¬
ing opinion of Woodward, Hob-
interest school build¬
exceed
numbering
building
bonds.
Dated
Denomination $1,-
March 15, as follows:
on
CHRONICLE
(DST)
on July 11
$22,500,000 not
interest State high¬
way construction, Series A coupon
or registered bonds.
Dated Aug.
1, 1949. Denomination $1,000. Due
Trust
and
(CST)
a.m.
a
bids until 2 p.m.
1964, and 3%,
on all bonds
maturing after July
1,
1964.
Principal and interest,
payable at the Woodford Bank &
July 6
for the purchase of $45,000 not to
bids until 10
as
inverse
FINANCIAL
to
$4,000 from 1950 to 1952 inclusive;
$5,000 from 1953 to 1957 inclusive;
$6,000 from 1958 to 1963 inclusive,
^uly 1, as follows: $2,000 in 1951
and 1952, $3,000 in 1953, $2,000 in and $7,000 from 1964 to 1969 in¬
1954,; $3,000 in 1955, $2,000. in clusive. The approving opinion of
1956, $3,000/in ; 1957, $2,000 in Wood, King & Dawson, of New
1958, $3,000 in 1959,'$2,000 in 1960, York City, will be furnished to
$3,000 in 1961, $2,000 in 1962, $3,- the purchaser at the expense of
000 in 1963, $2,000 in 1964, $3,000 the Parish School Board. A certi¬
fied check for 3% of the amount
in 1965, and $2,000 in 1966 to 1969.
of
the
Bonds maturing in 1955, will be
bonds,
payable to 'the
subject to redemption on July 1, Parish School Board, is required.
1954, or on any interest payment
/
Houma, La.
date thereafter at 103 and accrued
Bond Sale—The $400,006 public
interest to and including July. 1,
utility improvement bonds
of¬
1959, and thereafter at par and ac¬ fered June 22—v.
169, p. 2467
crued interest. Bidders shall offer
were
awarded to the Equitable
on the-basis of a dollar price per
Securities Corp., and John Dane,
bond (not less than par and ac¬
of New Orleans, jointly, on a bid
crued interest) and shall agree to
reflecting a net interest cost of
accept" at; that price
whatever about 2.97%. Dated July
1, 1949.
number of bonds, not less than
Due on July 1 from 1950 to 1969
$40,000 nor more than $45,000 the inclusive. The second highest bid¬
City Council may elect to sell der was Shields & Co., and Stubbs,
after the bids have been opened.
Smith & Lombardo, jointly, on a
Bidders to name the rate of inbid reflecting a net interest cost
terestj expressed in a multiple of of about 3.01%.
J
Vt of 1%. Principal and interest
Aug. 1 from 1950 tc
on
inclusive.
demption
as
Subject
to
interest
Aug.
payment
date
after
count.
1953, on 30 days' notice
100% plus accrued interest and
at
1,
of
premium
a
for
full
each
period, from the date fixed for
redemption to the maturity date
Central
Of the bonds. Bidders to
at 0.86%
Treasurer's
State
fice in Baltimore
Note
29
,
(J-J) payable at the Farmers De¬
posit Bank, Eminence;
The ap¬
proving opinion of Wyatt, Grafton
& Grafton, of Louisville, will be
furnished without expense to the
purchaser. A certified check for
$1,000. payable to the City, is re¬
quired.
■
•\:.v
Eminence
Offering
Bond
.
Indep. Sch. Dist., Ky.
William
—
D.
Smart, Secretary of the Board of
Education,
will
receive sealed
bids until 10 a.m. (CST) on July 6
purchase of $23,000 not to
4% interest improvement
bonds. Dated March 1, 1948. De¬
.
,
.
Bond
/
on
July
1954
in
to
1968
will
public improvement bonds. Dated
Sept. 1,1949. Denomination $1,000.
Due on Sept. 1 from 1950 to 1969
These bonds were
inclusive.
thorized
each
without
check
stated maturity of
redeemed.
Principal
the
date
to
each
bond
(M-S) payable at the
Deposit Bank, Eminence,
name the rate of in¬
and interest
Farmers
bidders
to
terest, expressed in a multiple of
of 1%.
The approving opinion
Grafton & Grafton, of
will
be
furnished
without exnense to the purchaser.
These bonds were authorized at
the election held on Nov. 4, 1947.
certified check for $500, pay¬
Education, is
required.
Bond
Offering
Tena
Clerk,
until
to
him.
MAINE
Water
Portland
Bond
the
p.
-
District,
Me.
Sale—The $600,000 water
June
offered
bonds
2799—were
169,
27—v.
awarded to E.
Rollins & Sons,
F. S. Smithers &
H.
Blair & Co., Inc.,
Co., and Andrews
& Wells, Inc., all of New York,
jointly, as 2s, at a price of 100.31*
a
basis
of about
1.98%. Dated
July 1, 1949. Due on July 1, 1969.
Legality approved by Hutchinson,
Pierce, Atwood & Scribner, of
Portland.
Waterville, Me.
Bond
Sale—The
construction
21—v.
bonds
$80,000
offered
street
June
2691—were awarded
Ripley & Co., Inc.,
New York, as 214 s, at a price of
to
169,
101.22,
basis
of about 2.11%.
July I, 1949. Due on July 1
a
MARYLAND
000
p.m.
1, 1949. Denomination $1,000. Due
Maryland State Roads Commission
(P. O. Baltimore), Md.
Bond
Offering—Lamar H. Steu-
art, Secretary, will receive sealed
July
on
from 1950 to
1
7,000 highway departmental
equipment notes. Due on July
VI, as follows: $2,000 from 1950
\
.to 1952 inclusive, and $1,000
in
were
1953.
Dated
'
bonds
Peoples
The $260,-
purchased
Commercial
&
by
Sav¬
ings Bank, of Bay City, as pre¬
viously noted in v. 169, p. 2692,
were
sold as 2.60s, at a price of
par.
City of Greenville and Eureka
1959 inclusive.
July 1, 1949. Denomina¬
Greenville
Twp.,
Public
School District, Mich.
Bond Sale—The $285,000 school
building bonds offered June 28—
v. 169, p. 2800—were
awarded to
Harriman Ripley & Co., Inc., and
Walter J. Wade, Inc., of Grand
at a price of
Rapids, jointly,
100.07, a basis of about 2.05%, as
}
follows:
tion $1,000.
from 1957 to 1960 inclusive.'
July 1 from 1950 to 1959 in¬
Principal
and
interest
on
New Bedford,
clusive.
(J-J)
payable
tional
Bank
First
the
at
Gray,
Ropes,
Na¬
Best,
Shawmut
0.96%
Treasurer, will re¬
bids ..until, noon
(DST) on July 7 for the purchase
of $200,000 water coupon bonds.
Dated July 1, 1949. Denomination
$1,000. Due on July 1, as follows:
$15,000 from 1950 to 1959 inclu¬
sive, and $10,000 from 1960 to
ceive
;
sealed,
Principal
inclusive.
1964
and in¬
payable at the First Nation¬
of
Bank
Bidders
Boston.
*
,
notes
to
of
Bank,
on
National
the
Nov.
at
Boston,
Dated
June
29,
interest,
of
rate
July
Dated
15,
/>
1.03% discount.
and
Weeden &
Co., both of Bos¬
a
as
Sale consisted of:
bonds
offered
24
June
were
Corp., of New York, as IV2S, at a
terest, expressed in a multiple of
V4 of 1%. The approving opinion
Gray, Best, Coolidge &
Rugg, of Boston, will be furnished
to the purchaser.
of Ropes,
.
.
Everett, Mars.
•
The
$125,000
Sale
Bond
—
bonds
2800—
were
awarded to the RocklandAtlas National Bank, of Boston,
as
H4s, at a price of 100.28, a
basis of about 1.15%. Dated July
Macadam
loan
Pavement
offered June 28—v. 169, p.
price of
1954
Temporary
will
receive
(DST)
1959
on
—
Treasurer,
City
sealed
inclusive.
terest
payable
—
Robert
W.
oh
be subject to redemption prior to
maturity, at the option of the Dis¬
trict, in inverse numerical order,
on
any one or more
ment
dates
on
and
interest pay¬
after April 1,
1950, at par and accrued interest
the
to
plus
date fixed
premium
a
redeemed
so
as
for redemption
for
each
follows:
as
bond
to each
bond called for redemption on or
April 1,1950, but before April
after
1, 1951, $25; as to each bond called
for redemption on or after April
1951, but before April 1, 1952,
1,
$20; as to each bond called for re¬
demption on or after April 1, 1952,
but before April 1, 1953, $15; and
premium
no
shall
paid
be
after
•
Spencer,
April 1, 1953, on notice
lished not less than 30 days
Mass.
—
Lionel M.
Lamoureux, Town Treasurer, will
receive
sealed
bids
until
noon
(DST) on July 6 for the purchase
of
$35,000 sewer
loan coupon
notes.
Dated July 15, 1949.
De¬
nomination $1,000.
Due $5,000 on
July 15 from 1950 to 1956 inclu¬
sive.
Principal and interest pay¬
able
at
the
Second
National
Bank, of Boston. Bidders to name
the rate of interest, expressed in
a
Due $18,000
April 1 from 1950 to 1954 inclu¬
sive. Bonds maturing in 1954 will
Denomination $1,000.
on
multiple of l/4 of 1%.
MICHIGAN
Ann
pub¬
prior
to the date fixed for redemption,
at least once in a newspaper or
publication circulated in the State
which carries as part of its regu¬
lar service, notices of sale of mu¬
nicipal bonds. Principal and inter¬
est
(A-O) payable at the Holt
State Bank, Holt. Bidders to name
the rate of interest, expressed in
a multiple
of V\ of 1%. The ap¬
proving opinion of some market
attorney is to be furnished by the
purchaser at his own expense. A
certified
check for $2,500, pay¬
able to the District Treasurer, is
required.
Arbor, Mich.
1
bids
until
11
$1,000.
from
Due
1950 to
Principal and in¬
at
$1,100,000 water
Estral Beach
Monroe),
Mass.
on
June
basis of about
supply system revenue, Series A
bonds offered June 29—v. 169, p.
James E. Mul2579—were awarded to a syndi¬
Denomination
$10,000
Offering
bonds called for redemption on or
Bond Sale—The
July 7 for the pur¬
chase of $100,000 municipal air¬
port coupon bonds. Dated June 1,
a.m.
a
Note Offering
;
River,
Bond Offering
lins,
Bond
'
inclusive.
Fall
100.84,
1.33%.
1, 1949. Due on June 1 from 1950
to
the
Securities
15,
$1,000, Due on July
follows: $15,000 from 1950
inclusive, and $10,000 from
1960 to 1964 inclusive. Principal
and interest payable at the Sec¬
ond
National
Bank, of Boston.
Bidders to name the rate of in¬
to
Union
awarded
as
Twp. Sch. Dist. No.l
(P. O. Holt), Mich.
/
2^4s, at a price of
basis of about 2.064%.
ton, jointly,
101.676,
/
nomination
to 1959
as
Stranahan,
$150,000 as
2y4S, at a
Driver, Secretary of the Board of
Education, ' will
receive -sealed
Nor well, Mass.
bids until 8 p.m. (EST) on July
Bond Sale—The $300,000 bonds 13 for the
purchase of $90,000 not
offered June 29—v. 169, p. 2800— to
exceed
3%%
interest school
were awarded to Laidlaw
& Co.,
coupon bonds. Dated Sept. 1, 1949.'
at
ex¬
1949. De¬
Delhi
highest bidder was Mer¬
chants National Bank, of Boston,
.
bonds.
2V2S, and $135,000
price of 100.04.
second
$200,000 ' school building bonds.
Due on July 15 from 1950 to
pressed in a multiple of V\ of 1%.
/.
*
;
;; :
The approving opinion of Storey, 4/ 1969 inclusive.
100,000 school building
bonds.
Thorndike, Palmer & Dodge, of
Due on July 15 from 1950 to
Boston, will be furnished to the
1969 inclusive.
purchaser.
All of the bonds are dated July
Dartmouth, Mass.
/
15, 1949. Second high bid of 101.50
Bond Offering — Thomas B.
for 2V4S was made by the Second
Hawes, Town Treasurer, will re¬ National Bank of Boston.
ceive
sealed
bids "until
1
p.m.
Plymouth, Mass.
(DST) on July 6 for the purchase
Bond Sale—The $150,000 water
of
$200,000 water loan coupon
the
name
highest bidder
was
Harris & Co., Inc., for
1949. The
25,
.
July 1, 1949. The second
Dated
$800,000
to
discount.
Due
1949.
Walter J. Try-
City
bulski,
awarded
were
Chicopee, Mass,
—
Mass.
offered June 28—v. 169, p. 2800—
Coolidge & Rugg of Boston.
Bond Offering
Sale—The
Note
Legality
of Boston.
by
approved
1949.
will
7:30
school
the
—
..
p.
Harriman
Allen,
receive sealed
(CST) on
July 5 for the purchase of $35,000
.sewer revenue bonds. Dated July
City
bids
purchaser
A certified
from 1950 to 1969 inclusive.
Ky.
—
opinion of
of Chicago,
Cutler,
$1,500, payable to
^
Dated
Versailles,
1
&
cost
of Wyatt,
able to the Board of
on
District, is required.
Louisville,
A
held
The approving
for
be
or fraction of a year
from the
redemption
year
measured
election
the
at
au¬
will be furnished to the
subject to redemption on Sept. 1,
•1953, or on any interest payment
date thereafter at face value, ac¬
crued interest, and a redemption
premium equal to V4 of 1% for
of
purchase
for the
18
Chapman
turing
Barne-
p.m.
15
inclusive.
Due on April 1
Principal and interest $100,000 as 3s.
from 1950 to 1953 inclusive,
j
payable at the Merchants National
Bank of Boston. Bidders to name
75,000 as 2s. Due on April 1 from
1.37%.
--y/V/v-,
1954 to 1956 inclusive.
«-"•*
the rate of interest, expressed in a
>; Bonds are dated July 1, 1949.
110,000 as 2s. Due on April I
of 1%.
Denomination $1,000.
Due $5,000 multiple of
al
\
5
Oct.
Michigan
$50,000 town hall remodeling and
reconstruction notes. Due $5,-
Fi^st National
Bank, of Boston, as 1Y2S, at a
price of 100.66, a basis of about
terest
O.
$^75,000 not to exceed 4% interest
June 7.
Due on March
(P.
3
Works
wold, Secretary of the Board of
Commissioners,
will
receive
sealed bids until 10 a.m. (CST)
exceed
1, as follows: $1,000 from 1950 to
1964 inclusive, and $2,000 from
1965 to 1968 inclusive. Bonds ma¬
Water
Marrcro), La.
Offering—O. A.
for the
nomination $1,000.
No.
District
v
,
Parish
will re¬
until
15.
inclusive.
on
Essexville and Part of
of
000
William T.
a
Hampton Twp. Frac. Sch. Dist.No. 3
(P. O. Essexville),
follows:
..<•
Jefferson
City
Oct.
on
1959
Due
Bond Sale Details
(DST) on July 6 for the purchase
$57,000 coupon notes, divided
as
3V4s.
second high
—
Due
1950 to
as
from 1960 to 1964
Lynn,
Mass.
bids
4s.
as
25,000
was
of
the
to
v.
169, p. 2800, were sold at
price of par, as follows:
rate of 0.869%.
Offering
sealed
ceive
Mass.
; • >; Jv
$50,000 water
June
offered
awarded
22
Town Treasurer,
White,
^^MASSACHUSETTS/
Sale—The
1
Feb.
Sch. Dist. No. 5
(P. O. Saginaw), Mich.
The First Na¬
Millbury,
or
/*':f Beverly,
a
$500,000
of
Bank
discount.
bidder, named
000, payable to the State Treas¬
urer, is required.
bonds-
31,
Manufacturers-
the
to
National
of¬
mond, Attorney-General of the
State, and of Marbury, Miller &
Evans, of Baltimore, will be fur¬
nished to the purchaser without
cost.
A certified check for $450,-
Bond
inclusive.
July 1, 1949.
from
June
on
tional Bank of Boston,
Annapolis, at
the option of the holder.
The ap¬
proving opinion of Hall Ham¬
,
offered
awarded
the
of interest, expressed in a
multiple of 1/20 or ys.of 1%.
Principal and interest (F-A) pay¬
•
March
on
Note Sale—The issue of
rate
the
on
1978
Vista Twp.
$50,000
notes
at
Due
to
Bond Sale Details—The $75,000
school bonds purchased by Mc¬
Lynn, Mass.
period, and for any re¬
maining fractions of a 12-month
able
due
are
12-
month
name
1959
in
Notes
1950.
of the principal
thereof
amount
Dated
Buena
2^4s.
as
from
Sale —The
Note
after Aug. 1, 1953, or in part or in
the inverse order of maturities on
any
910,000
Fitchburg, Mass.
$400,000 reve¬ Donald-Moore & Co., and H. V.
nue
notes offered Juhe 30 were Sattley &
Co., both of Detroit,
awarded to the Second National jointly, at a net interest cost of
Bank, of Boston, at 0.769% dis¬ about 3.60%, as previously noted
re¬
whole at any time
a
interest, ex¬
the rate of
name
51"
(51)
pressed in a multiple of
of 1%.
The approving opinion of Ropes,
Gray, Best, Coolidge & Rugg, of
Boston, will be furnished to the
purchaser.
to exceed 4%
at par. The bonds
interest at the rate of
before
or
the
&
for the purcnase of
1964,
V'.// bids until
„
Jack Helburn,
—
in
The
Secretary
of
the
Parish
School Board, will receive sealed
will-receive
Clerk,
inclusive.
redeemable
part
on
bear
Call,
Eminence, Ky..
-
July'1,
*
KENTUCKY
■//.
be
their
of
ment date
to
;
1969
in
days' notice
will
Secretary of the Board of
Directors, will receive sealed bids
These bonds
inclusive, and $2,000
to
102, and on
1959, at 101, and
son^
1968 inclusive.
order
follows: $1,000 from
as
1954
1955
at
Offering—Dean D. John¬
authorized at the election held
July 1,
on
COMMERCIAL
the
cate
&
of Halsey, Stuart
Blair & Co., Inc., Bacon,
& Co., of New York,
composed
Co.,
Stevenson
Kebbon,
&
Co.,
at a price of 100.08, a
of about 2.29%, as follows:
cago,
National $190,000
Shawmut Bank of Boston. Bidders
McCormick
C. F. Childs & Co., both of
1953
as
to
and
Chi¬
basis
3s. Due on Feb. 1 from
1958
inclusive.
Bonds
Not
(P.
O.
Mich.
Sold—The
$25,000
interest bonds
offered June 22—v. 169. p. 2692:—
were
not sold as no bids were
not
to
exceed
5%
received.
Ecorse
Twp.
Sch.
Dist.
No,
8
(P. O. Wyandotte, R. R.
No. 1), Mich.
Bonds
not
to
Not Sold—The
exceed 4%
$205,000
interest school
52
(52)
THE
bonds offered June 29—v. 169, p.
2800—-were not sold as all bids re¬
COMMERCIAL
^Wayne- School* District, Mich
~
—-
FINANCIAL
&
inclusive.
Snyder,
District Secretary, will receive
Bonds are dated June 1, 1949.
ceived-were rejected.
sealed bids until 8 p.m. (EST) on Principal and interest (J-D) pay¬
Farwell Rural Agricultural
July 11 for the purchase of $2,- able at such bank within the State
School District, Mich.
as
designated
by
the
bidder.
Bond Sale —The $75,000 school 500,000 not to exceed 4% interest
school
building
coupon
bonds. Legality
approved by
Gillette,
building bonds offered June 29—
Dated July 1, 1949. Denomination Nye, Montague, Sullivan & Atv. 169, p. 2800—were awarded to
$1,000.
Due July 1, as follows: more, of Duluth.
the Channer
Securities
Co., of
$125,000 in 1950, $130,000 in 1951,
Chicago, on a bid reflecting a net
Cleveland, Minn.
interest cost of about 3.11%. Dated $135,000 in 1952, $146,000 in 1953,
Bond Offering — The Village
July; 1, 1949. Due on July 1 from $145,000 in 1954, $150,000 in 1955, Clerk will receive sealed bids un¬
1950. to 1961 inclusive. The sec¬ $155,000 in 1956, $160,000 in 1957,
til 8 p.m. (CST) on July 15 for the
ond highest bidder was H. V. Satt- $165,000 in 1958, $175,000 in 1959,
$185,000 in 1960, $195,000 in 1961, purchase of $30,000 not to exceed
ley & Co., on a bid reflecting a
2y4/% interest sewer and improve¬
.net interest cost of about 3.39%. $205,000 in 1962, $215,000 in 1963, ment bonds. Dated
July 15, 1949.
and $220,000 in 1964. Bonds ma¬
Denomination $1,000. Due $2,000
Maple Township School District
turing in 1955 to 1964, inclusive;
on July
15 from 1953 to 1967 in¬
(P. O, Rock), Mich.
may be redeemed at the option of
clusive.
Bond Offering—-Albert Nor den, the
Principal and interest
District, in inverse numerical
Secretary of the Board of Educa¬ order, on any interest payment (J-J) payable at the Peoples State
„,
Bond Offering—John F.
,
-
tion, will receive sealed bids until
7 p.m. (EST) on July 11 for the
purchase of $40,000 not to exceed
31/4%.
interest
school
coupon
bonds. Interest J-J. (These bonds
par
on
after July
or
the
interest to
accrued
and
1, 1954, at
date fixed for redemption.
Bid¬
the rate of interest,
ders to name
expressed' in a multiple of %
1 %.
The approving opinion
for sale
offered
originally
were
date
of
of
Miller, Canfield, Paddock & Stone,
of Detroit, will be furnished to the
Mecosta Rural Agric. Sch. Dist.,
purchaser at the expense of the
Michigan
Principal and interest
Bond Sale—The $65,000 build¬ District.
ing bonds offered June 24 were (J-J) payable at the Detroit Bank,
Detroit.
A
certified
check
for
awarded to Stranahan, Harris &
$25,000, payable to the District
Co., Inc., Tof Toledo.
Treasurer, is required.
Millington Twp. Sch. Dist. (P. O.
•
MINNESOTA
Millington), Mich.
-
Bond Sale—The
Alexandria, Minn.
building bonds offered June 27—
V. 169, p. 2801—were awarded to
S: R. Livingstone & Co., of De¬
troit, on a bid reflecting a net
interest
of
cost
about
Certificate
Sale
169,
2.44%.
National
Farmers
1 from 1950 to 1959 inclusive/The
Second
$15,000
Bank,
Alexandria, as 3^4s, at
par,-.as:follows:
Dated June
1, 1949. Due on May
highest bidder
Shannon & Co.,
B.
flecting
a
interest
net
a
Jones
bid re¬
cost of
was
on
35,000
(P. O. New Buffalo),
Mich.
;
Bond Sale—The $240,000 build¬
ing bonds offered June 24—v.
169,
p.
Channer
2256
Anoka
awarded to
Co., of
Chicago, H. V. Sattley & Co., and
McDonald-Moore & Co., both of
Detroit, jointly, at a price of 100.O08„ a basis of about 3.06%, as
were
—
as
i.950
from
,126,000
>
3Yis. Due
as
to
3s.
on
1, 1949.
Dated
April 1
Pohl
&
Co.,
sealed bids until 7:30 p.m.
-:U1
of 100.02.
to
name
—
the rate of interest, ex-
1952,
ana
inclusive.
'
'•
payable at the office of the
City Treasurer.
The
approving
opinion of Faegre & Benson, of
Minneapolis, will be furnished to
the purchaser at the expense of
the City. ? A certified check for
basis of about 1.22%. Due on Jan.
from
1952
1979 y inclusive.
to
July 1, 1949.
:■
I ronton,"
,
■
•
_
Minn.'*
-
rate
of
interest,
the
in
expressed
$43,000
a
multiple 0^ V4 of 1 %, • The approv¬
bonds.
:
ing opinion of some market attor¬
ney, together with the
printed
bpnds, shall be furnished by the
.purchaser at his own expense. A
Due
,
certified check for $8,400, payable
to
;
the
District
quired.
'
.
■*
'
1
(,
.
'
•
Treasurer, is
-
.
•
;.
*
'
,
.
re•
;
■
(
Rogers
v
City, Mich.
9 Bond Sale—The $110,000 hospi¬
tal bonds offered June 27—v. 169,
p. 2801-r-were awarded to Braun,
Bosworth & Co., Inc., at a price
of 100.0009, a basis of about 2.07%
as follows:
$50,000
2V2s.
as
Due
as
1955
»
Oct.
1
2s. Due on Oct 1 from
1959 inclusive.
to
Dated July 1, 1949. The second
highest bidder was Weeden & Co.,
tor 3y4s, at a price of 100.88.
heat
cipal and interest
to J. M. Dain &
and
power
Denomination
$1,000.
follows:
on
June
1,
as
$2,000 from 1952 to 1957 in¬
clusive; $3,000 from 1958 to
1960
inclusive; $4,000 from
1961 to 1964 inclusive,
and
$3,000 in 1965 and 1966.
9,000 water system bonds. De¬
nomination $1,000. Due $1,000
on
June 1 from
inclusive.
17,000
bonds.
Due
on
1952 to 1960
<■
heat
(J-D) payable
extension
Denomination $1,000.
June 1, as follows:
and
$2,000
in
1965
and 1966.
3,000 water and
sewer
line bondSi
Denomination $500. Due $500
on
June 1 from
inclusive.
3,000 sanitary
nomination
1952 to
1957
bonds.
De¬
$500.
a
terest
cost
price of 100.306,
about
of
a
net in¬
1.823%
as
follows:
$55,000 l3/4s. Due
1951 to
,
1961
on
Jan. 1 from
inclusive.
20,000 2s. Due on Jan. 1
1962 to 1965 inclusive.
The
bonds
are
for
from
dated
1949.
Second high bid
all of the bonds
Due
$500
will
receive
bids until 10 a.m. (CST)
July 6 for the purchase of the
$1,665,000 bonds, divided as fol¬
on
lows:
ing $1,000 will become due and
payable on Aug. 1, 1969.
The
bonds, whether amortization or
serial, will be redeemable at. the
option of the City, at any time
there are funds to the credit, of
thereof
provided, for
the redemption of the samer ;A
certified check for $2,000, payable
to the City Clerk, is required,'. v /
inclusive;
1955 to 1959
in
and
the
manner
NEBRASKA
$1,365,000 water works improve¬
ment bonds.
Dfce on June 1,
follows: $40,000 from 1950 to
1954
District
said Special Improvement
Fund for the redemption
Neb.
Grant,
Bonds Sold—An issue of
$30,000
water works bonds has been soldi
bonds
These
election held
the
at
authorized
were
April
on
5.
Lincoln,
165,00 auditorium
bonds.
Due
on June
1, as follows: $5,00CK
y from 1950 to 1954 inclusive;
$7,000 from 1955 to 1959 inclu¬
sive; $9,000 from 1960 to 1964
inclusive; $12,000 from 1965 to
1969
inclusive.
135,000 fire
Neb.
Offering—Theo. H. Berg,
Bond
Director of Accounts and Finance,
10
sealed
receive
will
until
bids
(CST) on July 16 for the
purchase of $289,124 not to exceed
a.m.
3%
interest
follows:
divided
bonds,
as
,
;
department
bonds.
$208,500 Paving Dist. Spec. Assmt.
bonds.
Due $20,850 on July 1
.
Due
*
on
June
1,
follows:
as
$5,000 from 1950 to 1954 in¬
clusive; $6,000 from 1955 to
1959
inclusive; $7,000 from
1960 to
1964 inclusive, and
$9,000 from 1965 to 1969 in-
1950 to
from
$16 125
on
bonds.
Due
1
July
1956
from
inclusive.
1954
to
inclusive.
1959
Dist.
80,625 Water
Dated July 1, 1949. The approv¬
,
'
:y elusive.
Dated June
to the
July 1,
of 100.533
as
2s
was
1, 1949. Denomina¬
City, is required. yy/;,V^:
Tupelo, Miss. ' •
Bond Sale Details—The $30,000
water works bonds purchased by
the First National Bank, of Tu¬
pelo, as 2*4 s, at a price of 100.85,
as
previously noted in v 169, p.
2468, are dated June 1, 1949, and
approved by Charles & Trauer¬
nicht, of st. Louis.
y,yy
MISSOURI
bonds
offered
awarded
the
to
June
22
Harris
were
&
Trust
Savings Bank,, of Chicago, as l%s,
at a price of 100.31.
a
basis of
about 1.71%.
Dated July 15, 1949.
Denominatiorh $1,000.
Due
on
March 1, as follows: $10,000 from
1950
to
1954
inclusive; $20,000
from 1955 to 1959 "inclusive; $22,000 from 1960 to 1964 inclusive,
and
$20,000 in 1956 and 1966'.
These
at
are
the
authorized
bonds
the election held
on
April 26.
Legality approved by Charles &
Trauernicht, of St. Louis. The
second highest bidder was iHalsey,
Stuart & Co., for l%s, at a price
of 100.30,
y y
MONTANA
.
.
21
June
awarded
were
pav¬
at auction on
bonds offered
to
the
Kirkpatrick-Pettis Co., of Omaha,
as l%s, at a price of 100.683. Due
from
1951
1959 inclusive.
to
.
y
NEW MEXICO
Carlsbad,
Mex.
N.
7"
.
Sale—The $400,000 water
Bond
bonds offered June 28—
revenue
v.
Columbia School District, Mo.
Bond Sale—The $300,000 school
$166,000
Sale—The
Bond
ing
169,
2693—were awarded to
p.
Boettcher & Co., of Denver, Henry
& Co., of Tucson, and
Eisen &
Waeckerle, of
Kansas City, jointly, at a price of
100.004, a basis of about 2.93%, as
Dahlberg
Lucas,
follows:
$257,000 as 3s. Due on July 1 from
1950
July
27/8s.
Due
on
1968 to
1974
1
inclusive.
as
from
inclusive.
1967
to
143,000
"Dated July 1, 1949. The second
highest bidder was Stern Bros. 8c
Co.,
R.
J.
Edwards, Inc., and
Sidlo,
Simons,
Roberts
&
Co.,
jointly,
on
bid reflecting
a
a
net
interest cost of about 2.98%.
NEW
HAMPSHIRE
Nashua,
Note
N.
Sale—The
H.
$200,000
notes
offered June 27—v. 169, p. 2801—
y
y
Deer
Lodge, Mont.
Bond Offering—J. B. Kendrick,
were
awarded to the Second Na¬
tional Bank, of
Nashua, at 0.87%
discount. Dated June 27, 1949. Due
Jr., City Clerk, will receive sealed on Dec. 16, 1949. The second high¬
bids until 8 p.m. (MST) on July est bidder was Indian Head Na¬
14 for the purchase of $69,000 not tional
Bank, of Nashua, 0.88%
to exceed 6% interest Special Im¬ discount. '
:' .\y->: w-. /
provement District Fund No. 88
NEW JERSEY
bonds.
Dated
on
Aug. 1, 1949.
Amortization bonds will be the Delaware River Joint Toll Bridge
Commission, N. J.
first choice and serial bonds the
second choice of the
City Council.
If amortization bonds
are
sold and
issued the entire issue may be put
into one single bond or divided
Bond
Call—Two
ton-Phillipsburg
bonds
have
issue
bridge
been
of
called
demption and payment
Eas-
revenue
for
re¬
Aug. 1,
into several bonds as the City
Co., Phila¬
Bond Offering—P. G. Pederson, Council
may determine upon at delphia, by the Delaware River
City Clerk, will receive sealed the time of sale, both principal Joint Toll Bridge Commission, y
bids until 8 p.m. (CST) on July 19 and interest to be
One issue, in the amount
ofpayable in semi¬
for the purchase of $250,000 not annual instalments
bridge revenue
during a pe¬ $44,000 of 2%
to
exceed
2!/2% interest water riod of not exceeding 20 years term bonds, due Aug. 1, 1961, will
works bonds. Dated Aug. 1, 1949. from the date of issue.
If serial be redeemed at principal and ac¬
Denomination $1,000. Due $25 000 bonds are issued and sold, they crued interest plus a premium of
on Aug. 1 from 1952 to 1961 incl.
will be in the amount of $1,000 V2 Of 1%.
Thief
A
<
sewer
olis, at
Co., of Minneap¬
made by the Allison-Williams Co.
,
main
$1,000 from 1952 to 1964 in¬
clusive,
on
from 1950 to 1954 inclusive.
50,000
light,
Cierk,
sealed
from 1956 to 1965 inclusive. Prin¬
'
name
City
ner,
1, each year until an addi-*
tional $8,000 are paid; the remain¬
Aug.
'•■■■■• ;-y:y ing opinion of some market attor¬
ney
is to be furnished by the
A certified check for
tion $1,000.
Principal and interest purchasers.
10% of the amount bid is re¬
payable at the Deposit Guaranty 2% of the amount of bonds bid
quired. yyyyxy y:;y-;y: yyy: : yyy
Bank & Trust Co., Jackson. Bid¬ for, payable to Frank J. Miller,
Hennepin County Indep. Sch. Dist. ders to name the rate of interest, City Treasurer, is required.
No. 43 (P. O. Osseo), Minn.
expressed in a multiple of % of
Marquette, Neb.
v y
Bond Sale—The $18,000 build¬ 1%,
The approving opinion of
Bonds Sold—An issue of $6,000
&
ing bonds offered June 24 — v. Charles
Trauernicht,
of St.
water works bonds has been sold
169, p. 2468—were awarded to Louis, will be furnished to the
to the Bank of Marquette.
the Farmers State Bank, of Osseo,
purchaser.
A certified check for
as
iy4s, at a price of 100.05, a 2% of the bonds bid for, payable
Scottsbluff, Neb.
Sale—The
tq
*
Bond Offering—Mrs. J. R. Skin¬
terest
-
Bond
1.71%.
Jackson, Miss.
Principal and in¬
'
.
Bond
interest cost of about
$10,000 from 1953 to
Twp. Sch. Dist. (P. o. Pressed in. a multiply of V& or 1/10 at
the ( First - Natipnal/ Bank,
Rosebush), Mich.
" I df 1%. The approving opinion ot Minneapolis. A certified check for
$70,000 build- 'Faegre & Benson, of Minneapolis, $1,000 is required. (These bonds
Ing bonds offered June 23 were1 together with the printed bonds, were originality scheduled to be
awarded to the Exchange Sav- wiU be furnished without cost to
sold on July 5.)
the purchaser. A certified check
ings Bank, of Mt. Pleasant, as 2s.
for $500, payable to the District
Morrison County (P. O.
\ JRedford
Twp. School District
Little Falls), Minn.
Treasurer, is required. :
(P. O. Detroit 23), Mich.
j Bond Sale Details—Paine, Web¬
Bethel (P. O.
Bond Offering—John* W. Turn¬
R. F. D. No. 1,
ber, Jackson & Curtis, of Chicago,
Bethel), Minn.
er, District Secretary, will receive
and Juran & Moody, of Minne¬
.sealed bids until 7:30 p.m. (EST)
Bond Sale—The $120,000 bridge
apolis, were associated with Kal«m
July 8 for the purchase of bonds
offered
June
30
were
man & Co., of St. Paul, in the pur¬
$420,000 not to exceed 3 % interest awarded to J. M. Dain & Co., of chase of
$250,000 funding bonds,
school coupon bonds. Dated May Minneapolis, as 2.20s.•,
as
1.70s, at a price of 100.31, a
1, 1949. Denomination $1,000. Due
basis,of about 1.64%, as previous¬
Buhl, Minn.
'
-oii March 15, as follows:
$20,000
( ;
Bond Sale—The $75,000 bonds ly noted in v. 169, p. 2468.
xrom 1951 to 1953
inclusive, and
Pipestone, Minn.
$30,000 from 1954 to 1965 inclu¬ offered June 17—v. 169, p. 2580—
Bond Sale—The $75,000 street
were awarded to Piper, Jaffray &
sive. Principal and interest
(M-S)
payable at the Detroit Trust Co., Hopwood, of Minneapolis, as 2.40s. improvement bonds offered June
28—v. 169, p. 2801—were awarded
Sale consisted of:
Detroit.
Bidders
"
'
24—v.
Co., and the LeSpeed Co., both of Jackson,
jointly, on a bid reflecting a net
(CST)
inclusive.
Nottawa
Southern
Mic-
on
July 5 for the purchase of
$122,000 certificates of indebted¬
ness. Dated July 15, 1949. Denom¬
ination $1,000.
Due on Jan. 1, as
follows: $25,000 in 1951; $17,000
Dated
nated by the purchaser.; Bidders
June
land
receive
to exceed 3% interest water main
*S/ $**/>O0O .as 3y2s, and $126,000
price
Offering—Iva
Clerk,' will
City
and sewer bonds.
Dated Aug. 1,
Principal 1949.
Denomination $1,000.
Due
an(j interest payable at any suiton Dec. 31, as fpllows: $1,000 from
able bank or trust company desig1951 to 1955 inclusive, and $2,000
April 1, 1949. The second
offered
169, p. 2693—were awarded to the
Minn.
stein, District Clerk, will receive
Bond Offering — E. J. Taleen,
sealed bids until 8 p.m. (CST) on
Village Clerk, will receive sealed
July 13 for the purchase of $20,000 bids until 8
p.m. (CST) on July
19 for the purchase of $25,000 not
19
was
Certificate
kelson,
Alfred Bern¬
—
,
$350,000 hos¬
1969 inclusive.
Fergus Falls,
1
Minnesota
Offering
Bond
21),
Due
bidder
S&S, at •a
7 IS Homewood
Minneapolis
■
1961
mghest
Sch. Dist.
County Com.
Road,
"
.
$414,000
certifi¬
Jan. 2 from 1952
on
No. 47; (P. O.
Securities
follows:
from
to 1961 inclusive.
Dated July
-
the
certifi¬
2
extension
sewer
cates. Due
New Buffalo Twp. Con. Sch. Dist.
,
Jan.
on
1952 to 1961 inclusive.
about 2.72%.
,
Due
of
price of
a
extension
water
cates.
to
awarded
2693—were
p.
20—v.
offered ' June
certificates
the
bonds
The
■
1960
The $50,000
—
pital
—
$55,000 from
inclusive; $80 000
A certified check for 2% of the •:,'.y in 1960 and 1961; $90,000 in
V
1962; $125,000 in 1963 and
par value of the bonds payable to
the Village, is required.
1964, and $78,000 from 1965 to
in
$160,000 school
The approv¬
Cleveland.
until
(P. O.
Hattiesburg), Miss. '
Bond Sale
day each year thereafter
$60,000 of such bonds are
paid; thereafter, the sum ot $2,000
shall become due and payable on
same
Forrest County
ing opinion shall be furnished by
the purchaser at his own expense.,
June 27.)
on
{
Bank of
Monday, July 4, 1949
MISSISSIPPI
1957
from* 1952 to
June 1
on
CHRONICLE
certified
River Falls,
check
for
2%
of
the
bonds bid for, payable to the City
Treasurer, is required.
1949
Minny
each; the
come
of $4,000 will be¬
payable on Aug. 1,
like amount on the
sum
due and
1950, and
a
at
Girard
The second
of $41,000
on
Trust
issue, in the amount
of 2%
bridge
serial bonds, due Feb.
revenue
1, 1956, will
COMMERCIAL
THE
Number 4817
Volume 170
&
CHRONICLE
FINANCIAL
(53)
53,
"
be redeemed at principal and ac-
,
the purchaser without
to
premium of
crued interest plus a
certified
amount of bonds
2%t,'
to
Sale
Bond
a
1,
about 2.55%. I>ated Aug.
Due
1949.
Aug. 1 from 1951 to 1979
on
inclusive. The second highest bid¬
der
McBride, Miller &
White & Co., Paul
Phelps, .Inc.,
Co.,
D.
R.
Frederick
196,000
Co., jointly, for $1,-
&
at
2.60s,
as
Aspden,
and
Co.,
&
Robinson
.
&
Hutton
E.
Baffin & Co.,
Co., Byrne and
Boland,
was
W.
price
of
Offering
Bond
—
Gu'nnar M.
Johnson, Borough Clerk, will re¬
ceived sealed bids until 9 p.m.
on July 7 for the purchase
$8,000 not to exceed 6% in¬
(DST)
of
assessment
street
terest
or
coupon
Dated July 1,
Denomination $1,000. Due
registered bonds.
1949.
$2,000
1953
July
on
inclusive.
1 from 1950 to
Principal and in¬
(J-J) payable at the First
Iron Bank of Morris-
terest
National
Bidders
town.
of
to
name
the rate
expressed in a mul¬
interest,
tiple of lk or 1/20 of 1%.
The
approving opinion of Hawkins,
Delafield & Wood, of New York
City, will be furnished to the
purchaser.
A certified check for
$160, payable to the Borough, is
required.
"
^
Meisin-
Clerk, will receive
(DST)
on
July 12 for the purchase of
$30,000 not to exceed 6% interest
general improvement coupon or
registered bonds.
Dated July 1,
Borough
sealed bids until 8:15 p.m.
Due
Denomination $1,000.
1949.
July 1, as follows: $4,000 from
1950 to J 952 inclusive, and $3,000
from 1953 to 1958 inclusive. Prin¬
on
and interest (J-J) payable
at the Citizens National Bank &
cipal
Trust
Co.,
name
the
Bidders to
Caldwell.
rate
of
interest,
ex¬
pressed in a multiple of lk or 1/20
of 1%.
The approving opinion of
Hawkins, Delafield & Wood, of
New York City, will be furnished
to
the
purchaser.
A certified
check for $600, payable to the
Borough, is required.
.
'•"■*
Bond
p.
June
28—v.
2802—were awarded to
John ' L.
Bame,
of Nassau, as
2.30s. Dated May 1, 1949. Due on
May 1 from 1950 to 1965 inclusive.
The second highest bidder was
Manufacturers and Traders Trust
Bond
Offering
(DST)
bids /; until
July
on
12
Y.
will
2
A.
re¬
p.m.
for the pur¬
5%
truck coupon
N. J. *.
$31,500 general
rSecaucus,
Bond Sale—The
price of par.
on
Dated July 1, 1949
July
1970 inclusive.
Saddle River
*
1 from
^
>'/
1950 to
,
,
registered bonds. Dated July 1,
Denomination
$1,000. Due
follows: $2,000 in
1950, an,d $3,000 from 1951 to
1954 inclusive. Principal and in¬
July
on
1,
furnished to
June 24—v. 169, p.
awarded to Boland,
York City,
and MacBride, Miller & Co., of
Newark, jointly, as 2%s, at a price
of 100.07, a basis of about 2.61%.
Dated March 1, 1949. Due on Sept,
1 from 1950 to 1971 inclusive.
certified
check
the
for
terest
payable at the Marine Mid¬
land Trust Corof New York, New
York
Bidders to name the
interest, expressed in a
City.
of
rate
multiple of lk or 1/10 of 1%. The
approving opinion of Wood, King
& Dawson, of New City, will be
furnished to the purchaser with¬
cost.
out
certified
A
check
& Co., of New
Twp. School District (P.
J808 Marconi Road, Belmar),
Wall
O.
New Jersey
Offering—Edgar E. Rog¬
Clerk, will receive
(DST) on
July 12 for the purchase of $400,000
not to exceed 6%
interest
school coupon or registered bonds.
Dated on Jan. 1,1949.
Denomina¬
tion $1,000.
Due $20,000 on Jan. 1
from 1950 to 1969 inclusive.- Prin¬
cipal and interest (J-J) payable
at
the
Belmar
National Bank,
Belmar.
Bidders to name the rate
of interest, expressed in a mul¬
tiple of Vh or 1/20 of 1%.
The
approving opinion of Caldwell,
Marshall. Trimble & Mitchell, of
New York City, will be furnished
District
sealed bids until 8 p.m.
Bank
Federation
at
Company,agent.
announced
on
June 30 the sale of $65,000,000
114 % tax anticipation notes on
basis
various
to
banks and trust companies in the
City. The notes
and
1949
Oct
dated July 1,
$30,000,000 on
are
mature
4, and $35,000,000 on Oct. 7,
1949.
,/VV
York
New
for
.
_
Ghent
"
„
Chatham
and
.
bonds
p. 2802—were
& Co., of New
pffered June 30
price
on
—
v.
awarded to
York, as 2s,
100.58, a basis of
Dated July 1, 1949.
of
about 1.93%.
Due
(P. O.
$80,000 school
1949
a
1
Chatham), N. Y.
Sale—The
169,
at
Free
Union
School District No.
Bond
is
;
v:"„i
•
Mills, N. Y. >
of 100.33,
Dated
a
June
Second
2.10s
&
high
bid of 100.23 for
by E. H. Rollins
made
was
tral School.
follows: $20,000 from 1950 to
1956 inclusive and $25,000 in 1957
and
1958. Principal and interest
(A-O) payable at the Chase Na¬
tional Bank, New York City. Bid¬
1969
as
vided
>
expressed in
1/10 of 1%.
multiple of lA or
a
The approving opin¬
Distr.ict^No. 1
•
,
basis of
price of 100.318,
a
Dated
June '15,
June
15, 1950 to
on
inclusive.
Second
high
bid
of 100.21 for 2s was made by the
Marine Trust Co. of Buffalo.... r
Niagara Falls, N. Y.
Plaster,
Bond Offering—Paul P.
will
Comptroller,
City
until
bids
sealed
11
a.m.
receive
(DST)
8 for the purchase of
Heckler on July
York City, $221,000 not to exceed 5% inter¬
est sewer, 1949 coupon or regis¬
will be furnished to the purchas¬
er without cost.
A certified check tered bonds. Dated July 1, 1949.
ion of Vandewater, Sykes,
&
of New
Galloway,
York
77:New
Sale
Bond
The
—
./rV./;-
$2,000,000
offered June
awarded
to a syndicate composed of Halsey, Stuart & Co., Equitable Se¬
curities Corp., Estabrook & Co.,
First of Michigan
Corp., Hornblower & Weeks, and B. J. Van
Ingen & Co., all of New York, as
2.60s. at a price of 100.90, a basis
bonds
1949
of
about
Dated
2.55%.
1949. Due
.July
Denomination $1,000. Due on Jan.
1,
1989 inclusive.
.
follows: $10,000 from 1951 to
inclusive; $15,000 from 1965
1969 inclusive, and $6,000 in
as
1964
to
Principal and interest (J-J)
1970.
payable at the Marine Midland
Trust Co., New York City.
Bid¬
ders to name the rate of interest,
White
Liberty,
Bond
(P. O. Liberty), N. Y.
Sale — The $12,000 fire
apparatus bonds offered June 28
awarded
County National
Bank, of Liberty, as 2s, at a price
of 102.00, a basis of about 1.161%.
—v.
to
169,
the
p.
2802—were
Sullivan
Dated July 1, 1949. Due on
from
July 1
&
Galloway,
without cost. A certified check for
$4,420, payable to the City, is re¬
quired.
:•'V 'V
Pen
Yan,
"
Y.
N.
Bond Sale—The
bonds
were
turers
awarded
and
on
$17,500 fire
offered June
to
ap¬
to
Francis
I.
au
of New York, as 1.90s,
price of 100.47, a basis of
about 1.82%, as follows:
Williamsville, N.
Trust
Co., of
1950 to 1954 in¬
Principal
Bond
Offering
and
interest
York
Lawrence H.
—
(DST)
chase
sealed
on
of
bids
July
until
11
for the
13
$100,000
not
1,
registered bonds.
1949.
water
Permanent Savings & Loan
to
Denomination
>
April 1
on
Is.
Due
on
April
1,
.■■■_.<
;
Dated April 1, 1949. The second
highest bidder was Vance Securi¬
ties
Corp.,
Greensboro, J. OLee
Co., and Kirchofer &
Arnold ;Associates,
Inc., jointly,
for $42,000 as 6s; $148,000 as 2&s,
and $40,000 as iy2S, at a price of
Peeler
&
Par..*:
Y,'
^
NORTH DAKOTA
/
Jamestown, N. Dak.
Bond
and
Sale—The
$400,000 water
utility
reverse
27—v.
16$
sewerage
bonds
June
offered
2694—were awarded to Harold
p.
E. Wood & Co., of St. Paul, as 3$.
Dated July 1, 1949. Due on July !
from
1951
1970 inclusive.
to
■
•
.
•
-
',,1
1
•
OHIO
-V'4';'--
Bedford Local Sch. Dist.
(P. O.
R. F. D. No<.l, Pomeroy), Ohio
Bond Offering —John S. Riffle,
Clerk of the Board of Education*
wilL
6
receive
sealed
bids
until
(EST) on July 7 for the
purchase of $56,000 3 % site acqui¬
p.m.
Asso¬
est, expressed in a multiple of V*
of:
1%.
Principal and interest
(A-O) payable at the Farmers
acquisition and sewer 1949 bonds
Bank
&
Savings Co., Pomeroy.
offered June 28—v. 169, p. 2694—
Woodridge, N. Y.
Bond
Sale—The $50,000 land
These
bonds were authorized at
awarded to the Marine Trust
the general election on Nov.
Co., of Buffalo, as 2.40s, at. a
1948. A certified check for 1 % of
price of 100.48, a basis of about
the bonds, payable to the Board of
2.31%. Dated July 1, 1949. Due
Education, is required. (These are
on July 1 from 1950 to 1969 incl.
the bonds originally scheduled to
|The second highest bidder was
be sold on June 4).
v
:
Manufacturers and Traders Trustwere
)
*
Co., Buffalo, for 2.40s, at a price
of 100.31.**
;
•
,
York, Leichester
•
:; v
1 (P.O.
'
Retsof), N. Y.
Bond Offering—Frank Vattimo,
;
,.
:
District Clerk, will
receive sealed
(DST) on July
6 for the purchase of $17,500 not
to exceed
2Vz% interest school
until 3 p.m.
bids
bus
coupon
tion
$3,500.
registered bonds.
1949. Denomina¬
Due $3,500 Sept. 15
or
15,
Bank
Co,
Trust
&
Bidders
to
name
Geneseo.
of
the rate
of
in¬
terest, expressed in a multiple of
y4 or 1/10 of 1%.
The approving
opinion of Angelo P. Spezzano,
of
Geneseo, will
be furnished to
purchaser.
A certified check
for $350, payable to the District
Treasurer
Eugene
Webster,
is
the
Cain,
tric
—v,
light
169,
Due
March 1, as follows: $16,1951 to 1955 inclusive*
on
000
from
and
$15,000 from 1956 to 1960 in-*
elusive.
of
Bidders to
$700,000 elec¬
bonds offered June 28
2802—were awarded
Stuart
&
Co.,
name
the rate
interest, expressed in
tiple of V4 of 1%.
a
mul¬
Principal and
interest (M-S) payable at the City;
Treasurer's office. The approving"
opinion
of
Dempsey,
of
Squire,
Sanders t &
Cleveland, will be
furnished to the purchaser at the
expense
check
of the City.
for
1%
of
the
A certified
amount of
bonds bid for, payable to the City
Treasurer, is
required.
Sale
—
The $61,249.0?
improvement
v.
p.
Halsey,
*"■>; '
special
as¬
sessment bonds offered June 29—
Greenville, N. C.
Sale—The
•
bids until noon (EST) on
July 7 for the purchase of $155,000 2% parks, playgrounds, recre¬
ation
;buildipgs,
facilities
and,
equipment fund No. 13 coupon
or registered bonds.
Dated Aug;
1,
1949.
Denomination '$1,000,'
street
CAROLINA
•
Columbus, Ohio }
" V
—
Agnes Brownt
City Clerk,
will receive
Bond
NORTH
to
"
.
sealed
required.
Bond
.v
Bond Offering
■'<
and Caledonia
Central Sch. Dist. No.
pur¬
$1,000.
°
sition and building bonds.
Dated
July 1, 1949. Denomination $1,006.
Due on Oct. 1, as foliowsr $2,000
from 1950 to 1968 inclusive, and
was
Manufacturers and Traders $3,000 from 1969 to 1974 inclusive.
Trust Co., Buffalo, for 2.30s.
Bidders to name the rate of inter¬
exceed
Dated June
,
ciation, of Williamsville, as 2s, at
a price of 100.03, a basis of about
1.99%. The second highest bidder
a.m.
5% interest highway, 1949 coupon
or
Y.
$80,000
system, 1949 bond offered June 23
were
awarded
to
the
Niagara
Cooke, Town Supervisor, will re¬
ceive
Sale—The
Bond
/
check
cipal and interest (M-S) payable
at the Genesee Valley National
as
New
at
$123,500 public improvement
bonds.
Due on July 15 from
certified
from 1950 to 1954 inclusive. Prin¬
Thompson (P.O. Monticelto),
Pont & Co.,
a
A
'
17
(J-D)
at
the
Chase
National
Bank, of New York City.
'
warded
of Buffalb, will
the
purchaser
Manufac¬
the
Traders
15 from
June
clusive.
Kisco, N. Y.
Bond Sale—The $153,500 bonds
2802—
ex¬
to
furnished
Dated. Sept.
IVzS, at a price of
basis of about 1.47%.
Dated June 15, 1949. Due $3,500
Buffalo,
100.07,'a
Mount
were
York City,
of New
will be furnished to the purchaser
1950 to* 1959 inclusive.
offered June 30—v. 169, p.
Bidders to
interest,
1%. The approving opinion of
without -cost.
in a multiple of J/4 or
The approving opin¬
ion of Vandewater, Sykes, Heckler
■
Fire Dist.
of
rate
Gordon M. Brown,
1/10 of 1%.
1,
Sulphur Springs
1, 1949. Principal
payable at the office
Collector.
the
name
expressed
July 1 from 1955 to
on
Dated March
of the Tax
inclusive.
1959
2V2S. Due
as
1974.
;
1951, and $1,200 in 1952.
and interest
?
April 1 from
on
from 1960 to 1973 inclusive.
follows:
as
to
as
15,000
$9,200 Water District No. 2 bonds.
Denomination $460. Due $460
on Sept. 1 from 1949 to
1968
[C
inclusive.
be
1.965%.
a
1949 and due
the rate of interest,
ders to name
1956
di¬
bonds,
registered
or
coupon
Rollins
about
April 1, from
on
1955 inclusive.
2s. Due
as
155,000
i,
2694—were awarded to E. H.
& Sons, of New York, las
p.
2s, at
1,
30,000
(P. O. Newfield), N. Y. /V'?/-' for
$288, payable to the Town is
Bond Sale—The $100,000 school
required.
•.•*/
bonds offered on June 29—v. 169,
improvement, 1949 coupon or reg¬
istered bonds. Dated April 1, 1949.
Denomination $1,000. Due on Oct.
6s. Due
as
1951 to
July 11 for the purchase of $14,400
not
to
exceed 5%
interest
of
Great
Neck, N. Y.
Offering—Joseph F. Mock,
Village
Treasurer,
will receive
sealed bids until 3 p.m. (DST) on
July 7 for the purchase of $190,000
not to exceed 5% interest public
$30,000
York
pressed in a multiple of % or 1/10
Sons, New York.
Catherine, and Van Etten Cen¬
Bond
paying
zig, Town Supervisor, will receive
sealed bids until 3 p.m. (DST) on
basis of about 2.05%.
1, 1949 and due on
June 1 from 1950 to 1970 inclusive/
Newfield, Danby, Enfield, Cayuta,
:
County (P. O.
1 '
Yadkinville), N. C.
•
' >
$230,000 school
building, Series B bonds offered
June 28—v.
169, p, 2802—were
awarded to the Branch Banking'
& Trust Co., of Wilson, at a price
of par, a basis of about 2.48%, ass
Bond Sale—The $70,000 general
5,200 Curbing and Gutter Imp.
improvement bonds offered June
29—v. 169, p. 2802—\yere awarded j
bonds. Denomination $1,000,
except one for $1,200.
Due
to J. G. White & Co., Inc., and
on Sept.
1, as follows: $2,000
Sherwood
&
Co., bofm of New
in 1949; $1,000 in 1950 and
York, jointly, as 2.10s, at a price
July 1 from 1950 to 1969
inclusive.
Yadkin
O. Ebenezer),
(P.
-
the Village,
$280, payable to
required.
* .
a
Bond Sale—The
Offering—Arthur J. Wit-
Bond
Lazarus
allotment
an
2%s, at a price of
basis of about 2.58%r
as
100.008,
_
New
Joseph
..
follows:
Seneca
City Comptroller
—
$105,000
V
-
1
Co., John Nuveen & Co.*' andSecurities Corp., Greens¬
boro, jointly, for $56,000 as 6s;
$99,000 as 2y4s; $440,000 as 2^s;,
Trust
and
York,
New
May
1979 inclusive.
&
and accrued interest will be made
West
'
York, N. Y.
Notes Sold
paratus
ers,
name
1
Vance
Call—Chemical Bank &
Trust Company of New York, as
trustee, has drawn by lot for
redemption
on" <Aug.
1,
1949,
through operation of the sinking
fund, $4,000,000 principal amount
of Triborough Bridge Authority
2% sinking fund revenue bonds,
due Feb. 1, 1980. Payment at par
the purchaser with¬
A
cost.
New
as
28—v. 169, p. 2581—were
bonds offered
2693—were
Bond
Bidders to
interest, expressed in a
multiple of y4 or 1/10 of 1%. The
approving opinion of William M.
Gallagher, of Oswego, , will be
1964 to
on
1949. The second
highest bidder was R. S. Dickson
I" Bond
Town
May
on
Due
Dated May 1,
Triborough Bridge Authority, N. Y.
of
1949
water,
Twp. Sch. Dist.
(P. O. Rochelle Park), N. J.
Bond Sale—The $200,000 school
Saffin
of
Due
2%s.
as
vt—from
$2,000, payable to the
for
2y4s.
as
from 1956 to 1963 inclusive, j.
525,000
Town, is required.
$800, payable to the Town, is re¬
quired.
28—v.
due
check
out
bonds . offered on for $3,800, payable to the Village,
169, p.; 2581—were is required.
..,'7/-./ '
awarded to the Peoples National
> Hempstead, East Meadow Water
Bank of Secaucus, as 214 s, at a
District (P. O. Hempstead),
and
office
the
at
105,000
City, will be furnished to the pur¬
chaser without cost. A certified
rer
p.m.
,
chase of $14,000 not to exceed
improvement
June
2
sive. Principal and interest (M-S)
rate
Joseph
—
Clerk,
Village
sealed
N.
until
6s. Due on May 1 from:
1955 inclusive.
as
1951 to
Heckler & Galloway, of New York
nomination $1,000.
Due $1,000 on
March 1 from 1950 to 1953 inclu¬
Sunervisor.
Croton-On-Hudson,
ceive
bids
$70,000
Sykps,
Vandewater,
basis of about 2.55%, as follows;
a
of in¬
rate
the
name
of
opinion
Li-
A.
(DST) on July 5 for the purchase
of $4,000 not to exceed 5% interest
judgment coupon or registered
bonds.
Dated July 1, 1949.
De¬
payable
Co., Buffalo, for 2.60s.
Zerello,
sealed
to
terest, expressed in a multiple of
V4 or 1/10 of 1%.
The approving
Haven),
Supervisor,; will
court, Town
$8,000 water
offered
Bidders
Earl
—
payable at the Na¬
Bank, Monticello.
Union
tional
York
New
Offering
Securities Corp., of Durham, andByrne and Phelps, Inc., of New
York, jointly, at a price of 100.03r
June 1 from 1950
Principal and
on
inclusive.
interest (J-D)
1
New Haven (P. O. New
ceive
The
—
bonds
169,.
Hall
Roseland, N.J.
Bond Offering—Harold
ger,
Sale
1949
or
Mendham, N. J.
.
YORK
$20,000
1954
to
July 15, 1949.
.
Bond
Due
.
,
interest fire pumper
a
;
100.34.
Dated
'
'
-
inclusive.
1968
inclusive.
re¬
Dist.
&
at
offered, payable
V
to
30,000 water system bonds. Due
on July 15 from 1950 to 1954
Morningside Heights
(P. O. Chenango
Forks), N. Y.
Water
a
taking~:$l,200,000 as 2.60s,
price of 100.51, a basis of
the
Chenango,
,
syndicate composed of Shields
Co., Tripp & Co., Andrews &
Wells, Inc., Minsch, Monell &
Co./.R. H. Johnson & Co., and
G. C. Haas, & Co.,: all of New
of
'
NEW
29—
1950
cost. A
2%:
Education, is
quired.
169, p. 2692—were awarded to
York,
of
A
June
offered
bonds
school
the Board
$1,194,000
The
—
O.
(P.
Twp. Sch. Dist.
Trenton), N. J.
Ewing
v.
check. for
First
169.
J.
A.
as
l3/4s, at
of
about
1949.
p.
2695—were awarded to
White & Co., of Cincinnati,
a
Due
price of 101.08,
1.55%.
on
Dated
a
baste
July
1,
Dec. 1 from 1950 to
54
COMMERCIAL
THE
(54)
—
—^
June
-
inclusive.^, The second high¬
Hayden, Miller &
Co., for 13/4S, at a price of 100.82.
1959
receive
will
Clerk,
City
Cain,
Agnes Brown
—
(EST) on
sealed bids until noon
July 7 for the purchase of $190,200 6% street improvement Series
No. 96 notes.
Dated Aug. 1, 1949.
Denomination
$5,200. Due on Feb. 1, 1951.
Principal and interest (F-A) pay¬
able at the City Treasurer's office.
Bidders to name the rate of inter¬
for
est, expressed in a multiple of
1%. The approving opinion
of
Va
of
OKLAHOMA
Sanders & Dempsey, of
together with the
Squire,
from 1950 to
1
;
printed bonds will be furnished
and paid for by the City. A cer¬
tified check for 1% of the amount
of notes bid for, payable to the
Offering'— A.
Bond
;
K.
$13,000
bids until
July 1 from 1951 to 1961 inclu¬
The second highest bidder
was United States National Bank,
posit
sive.
l%s, at
repair
$30,000 build¬
bonds
furniture
and
awarded to E.
were
Calvert
and
&
Jefferson County,
M.
Clohessy,
both of
Canfield,
Madras Union
U-l
Bond
■■
.
■
169,
— were
awarded to the
National Bank of Portland.
2695
bonds are dated Jan.
The
and mature on Jan. 1 from
S.
Due
July 18 for the purchase of
$60,000 3% water works plant
bonds. Dated Aug. 1, 1949. De¬
on
in
Bond
Sale
provement
number
June
Offering—S.
of 1949 bonds offered
to
169,
the
p.
2583—were
First
National
Bond Sale
Jan.
1
inclusive.
1949. The second
highest bidder was United States
National Bank, Portland, for 3%s,
2%s, and 3s, on a bid reflecting
net interest cost of 2.98%.
2803
p.
Medford, Ore.
»
to 1960 inclusive.
Sale
Bond
park
name
the rate of interest, ex¬
bonds offered June 28—v. 169, p.
Clackamas County School District
pressed in a multiple of Va of 1%.
2695
were awarded to Blyth &
No. 106 (P. O. Route 1
The approving opinion of Squire,
Co., of Portland.
Dated July 1,
Lake Grove), Ore.
Sanders & Dempsey, of Cleveland,
1949 and due on July 1 from 1951
Bond
—
will
be
available
the
at
Sale—The
expense
purchaser.
A
certified
check for $600, payable to the
Village, is required.
'
of
the
Southern
Local
School
District
;
(P. O. Racine), Ohio
Bond Offering—J. E. Simpson,
sealed
bids until 7 p.m. (EST) on July
12 for the purchase of $148,000
3% site acquisition and building
bonds. Dated July 1,
1949. De¬
nomination $1,000. Due on Oct. 1,
as
follows: $7,000 from 1950 to
1961
inclusive, and $8,000 from
District Clerk, will receive
1962 to
name
1969 inclusive. Bidders to
the
rate
of
interest,
$24,000 school
bonds offered June 27—v.
ex¬
pressed in a multiple of Va of 1%.
The approving opinion of some
market attorney shall be furnished
169, p.
2695—were awarded to Blyth &
Co., of Portland, as 2%s, at a
price of 100.81, a basis of about
2.72%. Dated July 1, 1949. Due
Hulmeville, Pa.
on
Jan. 1 from
1951
to
1962 incl.
The
second highest bidder was
Camp & Co., for 2%s, at a price
of 100.13.
County
Union
High
School District No. 5 (P. O.
Milwaukie), Ore.
District
Clerk,
will
receive
sealed bids until 8 p.m.
(PST) on
July 7 for the purchase of $275,000
not
to
exceed
6%
bonds. Dated
fied check for
for
of
1%
of bid,
payable
District, is required.
amount
to
the
the
Zanesville, Ohio
Bond Offering — Henry F.
bonds, divided as follows:
$74,000 not to exceed 3% interest
water
main
Dated
bonds.
April 1, 1949. Due on Oct. 1,
as follows: $4,000 in 1950, and
$5,000 from 1951 to
clusive.-
1964 in¬
A certified check for
$740 is required.
74,000, not to exceed 3% interest,
pumping station bonds. Dated
May 1, 1949.
Due on Nov. 1,
as follows: $4,000 in 1950, and
$5,000 from 1951
clusive.
,
to
1964 in¬
A certified check for
$740 is required.
10,000, not to exceed 3% interest,
fire equipment bonds. Dated
Bond Sale—The
offered
bonds
p.
First
as
$592,000 school
24—-v.
169,
June
awarded to the
National Bank, of Portland,
2583
street
$5,000 is required.
Dallas,
as
2V4S.
Due
on
Jan.
1
1,
Dated
July 1, 1949. The second
highest bidder was United States
National Bank,
North
Portland, for 2%s.
Bend, Ore.
and after
July 1, 1960,
are
sub¬
of
were
Bristol, as 2s, as previ¬
in v. 169, p. 2695,
sold at a price of 100.30, a
noted
Sale— The $175,000 sew¬
Bank, and Chas. N. Tripp & Co.,
of Portland, jointly. Dated
July 1, 1949 and due on July |
from 1950 to 1969 inclusive.
both
District, Ore.
Sale
The
$20,000 fire
apparatus bonds offered on June
28—v. 169, p. 2803—were awarded
—
burgh,
as
2^s, at
from
1951
1972 inclu¬
to
•
.
"
.
.
a
price of 100.59.
The General State
Bond
Offering
O.
(P.
Palm, District Secretary, will re¬
ceive
bids
sealed
until
8
p.m.
(DST) on July 13 for the purchase
of
*
$40,000 school bonds.
"
'
Pittston, Pa.
t
Bond
Offering
City
—
Clerk,
"
John D. Mc-
will
receive
(DST)
July 12 for the purchase of
$20,000fire
equipment
bonds.
Dated July 15, 1949, Denomina¬
tion $1,000.
Due $4,000 on July
on
from
15
1950
to
inclusive.
1954
the
name
of in¬
rate
terest, expressed in a multiple of
Vs of 1%. A certified check for
2%
of the face amount, of the
District
bonds, payable to the
Treasurer, is required.
Ridley Twp.
O. Folsom), Pa.
(P.
Offering—Roy W. Hocker,
Secretary of the Board of Town¬
ship Commissioners, will receive
sealed bids until 8 p.m. (DST) on
July 13 for the purchase of $75,000
general
obligation
coupon
bonds.
Dated July 15, 1949.
De¬
nomination $1,000.- Due
15 from
July
$5,000 on
1950 to 1964 inclu¬
Bidders to
sive.
name
interest, expressed in
of
Vs
of
1%.
The
furnished
free
of
engood,
ceive
the rate of
a
to
charge
of
School
July
on
14
for
-
,
Pa.
re¬
li
a.m.
First
the
pur¬
Series
bonds.
Dated
July 15, 1949. Denomina-■
$1,000. Due July 15, 1952 to
1974 in such amounts, and bear
such rate
rates
of
interest, as'
the purchaser
its proposal for the purchase
shall
be
or
fixed
by
bonds, provided:/
/
'
:
$3,000,000 principal amount
of the bonds shall mature serially
(1)
;
July 15, 1952, and ending Julyi
on
15, 1958, in such amounts that the
maximum requirements for prin*
000
of
said $3,000,-
on
for any one of the
bonds
ended July 15, 1952, to July
1958, inclusive, shqll not ex*:
ceed the minimum principal and
years
15,
interest requirements
any
thereon for
^
such year by more than $10,*
....;
.
'
„
(2) $27,000,000 principal amount
serially
July 15,. 1952, and ending July
15, 1974, in such amounts that the
maximum requirements for prin-f
on
tipal and interest onv said $27,000,000 of bonds for any one of
the years ended July 15, 1952, to
July 15, 1974, inclusive, shall not
exceed
the
minimum
principal
and
on
interest
for any
requirements there*
such
year
$50,000;.,'^
by more than
Vv: J
...
-
(3) no interest rate shall bespecified which is not a multiple
of 1/10 or i/8 of 1%;
(4) not more than one rate of
for bonds
maturing on the same date. Bid¬
ders to name the rate of interest,
interest may be named
expressed in a multiple of Va of
1%.
Principal and interest (J-J)
payable at Mellon National Bank
&„ Trust' Co., Pittsburgh,. Fiscal
Agent %f the Authority, or, at the
option
of the holders, ; at the
of the Authority in Phila*
delphia, Pa., or in the Borough of
Manhattan, New York, N. Y. The
approving opinion of Reed, Smith,
Shaw & McClay, of Pittsburgh,
agency
Pa., bond counsel, and of Fairfax
Leary, Jr.," will be furnished^to
the purchaser Without cost.
A
certified check for 2% of the prin¬
cipal amount of the bonds, pay*
able to the
Authority, is required.
Trainer School District
the
Township
District,
will
until
$30,000,000 not to exceed
interest
(P. O.
'
Chester), Pa.
Bond
Sale
—
The
$25,000
im¬
provement bonds offered June 14
—v. 169, p. 2583—were awarded
to
Scranton
bids
tion
A certified check for
the face amount of the
bonds, .payable to the
Treasurer, is required.
Secretary,
Jr.,
sealed
purchaser.
2%
Harrisburg), Pa.
Bond Offering—William S. Liv-
of the bonds shall mature
Edwin F.
—
Authority of the
of Pennsylvania ■
Commonwealth
;
Yachats Rural Fire Protection
Bond
1
:
000;
Mt. Penn Sch.Dist., Pa.
multiple
approving
age disposal plant bonds offered
opinion of Townsend, Elliott &
on June 28—v. 169, p. 2803—were
awarded
to
the
First
National Munson, of Philadelphia, will be
Bond
Ore.
to the State Treasurer,
as 3y2s,
Bond Offering — W. Blackley,
at a price of 100.18.
Dated July 1,
City Auditor, will receive sealed
1949 and due on July 1 from 1952
bids until 8 p.m. (PST) on July 11
to 1965 inclusive. Second high bid
for the purchase of
$175,000 water of 100.40 for 4s was made
by Chas.
reservoir
bonds.
Dated
July 1, N.
Tripp & Co.
1949.
Denomination $1,000.
Due
on July 1, as follows:
$8,000 from
PENNSYLVANIA
1950 to 1955
inclusive; $9,000 from
Allenport, Pa.
1956
to
1961
inclusive; $10,000
from 1962 to 1965
Bond Sale—The $40,000 general
inclusive, and
$11,000 from 1966 to 1968 inclu¬ obligation bonds offered June 27
sive. Principal and interest
pay¬
—v.
169, p. 2803—were awarded
able
at
the
office of
the
City
Treasurer. The bonds that mature to Fauset, Steele & Co., of Pitts¬
on
improvement bonds 'pur¬
by the Farmers National
chased
Bond
as l%s. Due on Jan.
from 1951 to 1957 inclusive.
196,000
Co., of Philadelphia, and Warren
W.
York
&
Co., of Allentown,"
jointly, as 2y4S, at a price of
101.27, a basis of about 2.129%.
Dated July 1, 1949 and due on
cipal and interest
■
Details—The $25,000
were
—
follows:
interest school
000
check
Sch. Dist. No. 3
O. Parkrose), Ore.
from 1958 to 1960 inclusive.
Bond Offering—C. C. McLaugh¬
lin,
Stemm, City Auditor, will receive
sealed bids until noon (EST) on
July 15 for the purchase of $158,-
certified
purchaser.-A
Multnomah County
$396,000
Clackamas
July 1, 1949. Due on
Jan. 1, as follows: $42,000 in
1950;
$44,000 in 1951; $45,000 in 1952;
$46,000 in 1953; $48,000 in 1954,
and $50,000 in 1955. Principal and
interest (J-J) payable at the of¬
fice of the County
Treasurer, or at
the fiscal agency of the State, in
New York City, if desired.
The
approving opinion of Winfree, McCulloch, Shuler & Sayre, of Port¬
land, will be furnished. A certi¬
and paid for by the
Bond Sale
Bidders to
to 1955 inclusive.
(P.
awarded to Fauset,
were
—
sealed bids until 12:30 p.m.
■?
The $75,000
—
.
of the
—
Steele & Co., of Pittsburgh.
Nulty,
Bank, of Portland. Dated Aug. 1,
1949.
Due on Aug. 1 from 1951
Bond
June
in
The $24,000 school
bonds offered on June 28—v. 169,
ously
Dated July 1,
a
Ederlyil
receive
Pittsburgh), Pa.
Bank
on
1969
to
1956
from
V.
will
basis of about 1.95 %.
Due
3s.
:
Secretary,
Green Tree Sch. Dist. (P. O.
;
as 2V4S.
Due on Jan. 1
from 1950 to 1955 inclusive.
as
•
Sale—The $110,000 gen¬
obligation
bonds
offered'
28-—v.
169, p. 2696—were'
awarded to Aspden, Robinson &
,
4%
bids until 7:30 p.m. (DST)
July 5 for the purchase of $22,000 borough bonds.
the
price of par, a basis of about
196,000
Ore.
The $90,000 im¬
—
22—v.'
awarded
on
date on and
Bidders to
any interest payment
after Sept. 1,
1959.
of
Albany,
at their par value plus
of call
amount
a
required.
$3,000 on
part, in inverse serial
sequence,
accrued interest to date
the
OREGON
in whole or
redemption
for
of
at
Township
District
eral
(DST)
Pa.
sealed
$84,000
2%
First National Bank, of
Co.,
of
1, 1949.
on
2.93%, as follows:
for
the bid is
Sept. 1 from 1950 to 1969 inclusive.
Said bonds shall be subject to
call
$1,000 is re¬
f/.'VV.v:.
(P. O.)????
Boiling Springs), Pa.
/
chase of
Donor a,
Portland,
awardedto
2695—were
School
to
inclusive.
Borough
93
Offering—Carl
1952 to 1962 inclusive. A certified
Medaugh, Village Clerk, will re¬
ceive sealed bids until noon (EST)
nomination $1,000. Due
;■ V-
South Middleton
;,i
27—v.
July 1 from 1951 to 1965
on
Bond
check
on
:
storm
June
awarded
Cunningham
&
Pittsburgh;* Dated July
1951 to
County
Bond
$74,000
2695—were
p.
1, 1949
Sch. Dist. No.
(P. O. Dorena), Ore.
Lane
Sale—The
K.
1969 inclusive.
p.
(CST)
purchase of
p.m.
Robert
—
quired.
July
bonds offered
sewer
169,
The $224,000 school
July 5 for the
$11,000 repair and
furniture bonds. Due $1,000 from
Ohio
Offering
A certified check for
•
;
Paulding,
+
sealed bids until July 12 for the
purchase of $500,000 school bonds.
sive.
bonds offered on June 27—v.
p.
Oklahoma City, jointly, at a price
Due
—
Co., Harrisburg; for
price of 100.25, a basis
a
of about 1.84%.
Shoberg,
$500 on Dec. 1 from 1950 to of 100.01, a basis of about 2.51%,
District Clerk, will receive sealed
as follows:
1963 inclusive.
bids until 8 p.m. (PST) on July 6
Due $2,000 in 1952
Dated May 1, 1949. Denomina¬ $4,000 as 2%s.
for the purchase of $18,000 school
and 1953.
tion $500. Bidders to name the
bonds.
Dated Aug. 1, 1949. V De¬
26,000 as 21/£s. Due $2,000 from
rate
of interest, expressed in a
nomination $1,000. Due $2,000 on
1954 to 1966 inclusive.
multiple of Va of 1%. The approv¬
Aug. 1 from 1950 to 1958 inclusive.
ing opinion of Peck, Shaffer &
Harmon County, Arnett Con.
Marion and Linn Counties Union
Williams, of Cincinnati, will be
Sch. Dist. No. 11 (P. O.
High School District No. 4J - :
furnished to the purchaser with¬
Hollis), Okla.! r
(P. O. Stayton), Ore
out
cost. A
certified check for
Bond Offering—Raymond Estes,
1% of the bonds bid for, payable
Bond Sale—The $280,000 school
Clerk of the Board of Education,
to the Village, is required/
will receive1 sealed bids until 4 bonds offered on June 21—v. 169,
Bond
Sewickley School District, Pcu?*',
Offering—R.: E. Hegner,
District
Secretary, will receive
Bond
,
Corry, Pa.
(P. O. Madras), Ore.
Bond Sale
Dauphin De¬
was
Trust
1
High School District No.
First
offered June 21—v. 169, p. 2695—
inclusive.
bonds.
a.m.
Sale—The
Bond
ing,
follows:
improvement
10
Oklahoma
$6,000 extension bonds. Due $500
on Dec.
1 from 1950 to 1961
7,000
~
Bonds Sold—An issue of
highest bidder
brough, Clerk of the Board of
Education,
will
receive
sealed Portland, for 2%s.
13 for the purchase of
4% water works bonds,
as
July
^Burgettstown, Pa.
n
on
Kim-
(CST) on July
5 for the purchase $20,000 build¬
City Treasurer, is required,
ing, site and furniture bonds. Due
Fletcher, Ohio
$3,000 from 1952 to 1957 inclusive,
Bond Offering — Samuel Nisand $2,000 in 1958.
wonger,
Village Clerk, will re¬
Carter Indep. Sch. Dist. No. SO,
ceive sealed bids until noon (EST)
on
Dated July 15, 1949. Due
2 %s.
as
Okla.
Allen School District,
Cleveland,
divided
ject to call for redemption at par |
value and accrued interest on July
-
except one
$5,000,
1959 in¬
Monday, July 4, 1949
$30,000
clusive.
A certified check for 1, 1959, and on any interest date general obligation bonds has been
thereafter. The approving opinion sold. '*•?"[V.V
v
$100 is required.
•
of Winfree, McCulloch, Shuler &
Denomination $1,000. Principal
Camp Hill School District, Pa.
Sayre, of Portland, will be fur¬
and interest payable at the City
Bond Sale—The $135,000 build¬
nished by the City to the pur¬
Treasurer's
office.
Bidders
to
chaser. A certified check for $3,- ing and improvement bonds of¬
name
the rate of interest, ex¬
500, payable to the City, is re¬ fered June 28—v. 169, p. 2695—
pressed in a multiple of Va of 1%.
were
awarded to Stroud & Co.,
quired.
u ;./V"{f-A,
The approving opinion, together
Aspden, Robinson & Co., both of
with the printed bonds, are to be Douglas County Sch. Dist. No. 77
Philadelphia,
and
Warren
W.
furnished by the purchaser at his
(P. O. Glendale), Ore.
York & Co., of Allentown, jointly,
own expense. These are the bonds
Bond Sale—The $65,000 school as
2s, at a price of 161.69, a basis
originally scheduled to be sold on bonds offered June 20—v. 169, p. of about 1.81%. Dated
July 15,
June 30.
2695—were awarded to the Pa¬
v,
1949. Due on July 15 from 1951
cific Northwest Co., of Portland, to
1965 " inclusive/ The
second
Dec.
est bidder was
Note Offering
1949.-Due $1,000 on
1,
FINANCIAL CHRONICLE
&
Schmidt,
&
Poole
-
Co.; * of
a price
basis of about 2.24%'.
Board of Due on
July 1 from 1950 to 1958
School
Directors,
will
receive
inclusive.
The
seconds highest
sealed bids until 6 p.m. (DST) on
bidder
was
Singer,
Deane
&
July 6 for the purchase of $800,Scribner, for 2%s, at a price of
000 tax anticipation notes.
Dated
100.52.
v/:. ■*-;
July 6, 1949. Denomination $10,p'/ C.
West Manchester Township
000 or multiples thereof as speci¬
'
School District (P. O.
fied by the bidder.
Due on May
32 North Scott St.?
5, 1950. Bidders to name the rate
of interest, expressed in -a mul¬
York), Pa.
Bond Sale—The $190,000 gen¬
tiple of Ve of 1%.
The approv¬
eral obligation bonds offered June
ing opinion of Townsend, Elliott
& Munson, of Philadelphia, will 29—v. 169, p. 2696—were awarded
Note
ley,
*
Offering—Jacob
Secretary
of
Eckers-
the
Philadelphia,
<
be
furnished
ourchasers.
2%
able
without
cost
to the
A certified check for
of the amount of notes, pay¬
to the
required.
District Treasurer,
is
as
2Yas,
at
of 100.004, a
■
to
...
a
.
*
syndicate
•
composed
of
Schmidt, Poole & Co., and Aspen,
Robinson, & Co., both of Phila¬
delphia, Singer, Deane & Scribner,
and
Fauset, Steele & Co., both of
i.
Pittsburgh, jointly, as 2y4s,
purchase of $50,000 not to $240,000 street paving, Series 263
bonds.
Due $12,000 on July 1
3^% interest water and
from 1950 to 1969 inclusive.
sewer bonds.
Dated July 1, 1949.
These bonds were voted at
Denomination $1,000. Due on July
an election on Nov. 20,
1948.
I, as follows: $1,000 in 1950 and
for the
at a
exceed
price of 101.649, a basis of about
2.078%. Dated July 1, 1949 and
due on July 1 from 1950 to 1979
inclusive. Bonds maturing in 1964
and thereafter are callable in in¬
verse numerical order, at par and
accrued interest, on or after July
CoJInc.
"
'
'
ISLAND
RHODE
r
of inters
im¬
for
payable
$2,000,
of
National Bank and
& Co., both of
Boston, jointly, as 2y4s, at a price
of 100.592, a basis of about 2.184%.
Second high bid of 100.44 for 2V4s
was made by Halsey, Stuart & Co.,
000
First
the
City. ; * 77.: ;
dated July 1, 1949.
are
Due $10,1950 to 1969
and interest
$1,000..
Denomination
July 1 from
inclusive. Principal
000
on
electric
net interest cost
a
$70,000 as 2V2s, and $30,000
23/4s, as previously noted in
v.
169, p. 2804, were sold at a
price of par.
•
as
payable at the City Treas¬
holder's option
at the First
National Bank of
Boston.
Legality, approved
by
Storey,
Thorndike,
Palmer : &
Dodge, of Boston.
,
of)
Jeff B. Bates,
South Carolina (State
price of par, a basis
2.49%,- as follows:
receive
(EST) on
July 20 for the purchase of $5,000,000 state highway coupon or
registered bonds. Dated Aug. 1,
sealed bids until 11 a.m.
1949.
from 1952
follows: $200,000 in 1951;
$50,000 in 1952 and 1953; $100,000
in 1954; $400,000 in 1955; $900,000
■111 1956 and 1957, and $1,200,000 in
1358 and 1959. Principal and in-»
terest payable at the State Treas¬
to
of the State
York. Bidders
at any .agency
dispensary bonds: $5,000
due on June 1, 1951,
and $20,000 as 2y2s, due on
June 1 from 1952 to 1955 incl.
L-
Sale
Bond
.—
Co., both of New York, Boatman's
National Bank, of St. Louis, Na¬
Bank
-of
and the Pierre
of Pierre, at a price of
'109.0001,. a basis of about 1.13%,
follows:
.'V'
7',
;
$2,500,000 as iy2s. Due on July 15
77
•
1950.'
•
fi
i
77.
*
^,500,000 ras .1.10s. Due on
15 from 1951 to 1953 incl.
>
Dated July 15,
1949.
-
July
;
'
i TENNESSEE
;
,
,
Bolivar,
Tenn.
Bond Offering—A. S. Williams,
receive sealed bids
\mtil 11 .a.m. (CST) on July 15
for the purchase of $75,000 street
Mayor,
will
.
improvement bonds. Dated July 1,
1949.
Due July i, as follows: $5,300 in 1950 to 1956, $8,000 in 1958,
$10,000 in 1959 and 1960, and $12,OOQ in
1961.
1955,
the Town on
of
price
a
Due
1949.
to 1953
Bee
May 27—v.
July 1, 1954, or on
12,
10 from 1950
May
inclusive.
:
/
-
County (P. O. Beeville), Texas
Offering — Joe Wade,
Bonds
exceed
interest
3%
court
house
improvement coupon bonds. Dated
July 15, 1949. Denomination $1,000. Due on Jan. 15, as follows:
$18,000 in 1950 and 1951; $19,000
in 1952 and 1953; $20,000 in 1954
and
and
1955; $21,000 in 1956 and 1957,
$22,000 in 1958 and 1959. Prin¬
the
at
State
payable
(J-J)
interest
cipal and
Treasurer's
office.
Bidders to name the rate of inter¬
est, expressed in a multiple of
of 1%.
some
nished
chaser.
The approving opinion Of
and
A
paid for by the pur¬
These bonds were author¬
ized at the
II.
Ya
market attorney is to be fur¬
June
check for $4,000,
election held
certified
payable to
required.
on
the County Judge, is
7
Texas
—
Beissner & Co., of Hous¬
ton, and the First of Texas Corp.,
ing
premium will decrease at the rate
of $5 for each calendar year for
all bonds called thereafter.
, A
certified check for $1,500 is retfuired.
Offering
—
$15,000 in 1953 and 1954, $14,1955., $15,000 in 1956 and
000 in
•w,-
1957, $14,000 in 095& $15,000
1959 and 1960, $14,000 in
in
$15,000
1961,
in
1962
and
1963, 314,000 in 1964, $15,000
1965 and 1966, $14,000 in
'
in
1967, $15,000 in 1968 and 1969,
$14,000 in 1970, $15,000 in 1971
and
1972,
$14,000 in 1973,
Principal and interest
tion $1,000.
payable at the Dallas, National
Bank, Dallas, or at the option of
the holder, at the Chase National
Bank, New York City. The ap¬
proving opinion of the Attorney
General of the State, and Chap¬
man & Cutler, of Chicago, will be
furnished to the purchaser. A cer¬
tified check for 2% of the face
value of the bonds bid for, pay¬
able to the City, is required.
Joshua Indep.
{
of San Antonio, on
a
bid reflect¬
cost of about
2.98%, as previously noted in v.
169, p. 2804, were sold as 3s, at a
price of 100.20.
a
Secretary
of Trus¬
sealed bids un¬
til 7:30 p.m. (CST) on July 7 for
the purchase of $75,000 not to
exceed 41/2% interest school house
bonds.
Dated July 1, 1949.
Due
on Jan. 1, as follows: $2,000 from
1950 to 1961 inclusive; $3,000 from
1962 to 1969 inclusive; $4,000 from
1970 to 1974 fncMsive; $5,000 in
1975, and $2,000 in 1976.
Princi¬
pal and interest (J-J) payable at
a
place designated by the pur¬
chaser.
Bidders to name the rate
of interest, expressed in a mul¬
tiple of Ys of 1%. The approving
opinion of some market attorney,
together with the printed bonds,
will be furnished to the purchaser
at the
expense of
the District. .
These bonds were authorized at:
an election held on June 3. A cer¬
tified check for $1,500, payable to
the District, is required.
tees, will receive
net interest
Dallas, Texas
7
Bond Offering — Earl Goforth,
"
La Porte,
Texas
of $100,sold to Ernest
of Houston, at a
Bonds Sold—An issue
000 bonds has been
L.
Brown,
Jr.,
City Secretary, will receive sealed
bids until
1:45 p.m.
(CST) 011
R. Y. Moses,
July 5 for the purchase of $1,750,-
price of par, as follows: garbage
incinerator bonds, as 3y4s,
and
general obligation bonds, di¬
vided as follows:
Dated May 10,
will receive sealed
bids until 2 p.m. (CST) on July 21
000
cancellation
of
is¬
25,
the
Indep. Sch. Dist., Texas
issue of $130,Athletic
Stadium
Revenue
Pasadena
Sold—An
Bond
.
000
State of Texas
12), Texas
Colleges (P. O. Austin
street
improvement bonds as 3y2s.
1949. Legality ap-
K. Woodward, Jr.,
Bond Offering—D.
.
-
■'
'
..
'
,
,,
2,195,000 2,000,000 1,070,000
825,000
990,000
925,000
8,825,000
820,000
specified
by the bidder. Split rates in multiples of Yi or 1/10 of 1% per annum
will be allowed, the maximum rate, not to exceed 3% .per annum.1
Bids for the respective issues may not specify more than three separate interest rates for one issue or mere than one rate for bonds
having the same maturity date, and each individual bond mqst bear
interest at a single rate from its issue date until paid.
Principal
(June 15, 1950-57, both inclusive, and Dec. 15, 1957) and semi-annual
interest (June 15 and. Dec. 15) are payable in lawful money of .the.
United States of America at the following places:
On the date the
bonds are sold, the issuing schools will select a Texas bank with
assets in excess of $100,000,000 as paying agent and a New York
City bank as co-paying agent. Legal opinion of Attorney-General of
the State of Texas; McCall, Parkhurst and Crowe,1 Dallas, Texas;
and Vandewater, Sykes, Heckler and Galloway, New York City,
New York. The respective issuers will pa,y all costs in connection
with preparation of legal proceedings and obtaining of legal opinions.
The bonds will be issued pursuant to Section 17 of Article VII
of the Constitution of Texas, which was adopted Aug. 23, 1947.
This provision of the Constitution is self enacting and has levied a
continuing ad valorem tax, within certain limits, on all of the taxable
property in the State, which will be pledged to pay the principal of
and interest on said bonds.
Such tax levy will remain effective soi
long as any of said bonds are outstanding and unpaid. The continu¬
ing ad valorem tax thus levied by said provision of the Constitution
is at the rate of 5c on each $100 valuation of taxable property in them
D. Shipman,
of the Board
Tenn.
Clerk,
June
on
$1,500,000
Total
Sch. Dist., Texas
Bond Offering—L.
-
7
Bond Sale Details
The $150,000
street
improvement,
Series
bonds
1949
purchased
by MaBellaire,
premium of $30 for each bond
so redeemed on July 1, 1954. The
a
Bond
$22,000 in 1977 and
"
May
Dated
par.
on
of
19504
$15,000 in 1974 and 1975, $14,169, p.; 7.7 000 in 1976, $15,000 in 1977
7
and 1978, and $14,000 in 1979.
2260—were awarded to the First
Dated July 1, 1949. Denomina¬
National Bank, of Beaumont, at
bonds offered
roney,
City
7
Bond Sale—The $60,000 not to
interest payment date there¬
after at a price of par and accrued
interest to date of redemption plus
any
Brownsville,
7:
,
*7
All bonds maturing
and thereafter are
callable for redemption in inverse
numerical order at the option of
[July 1,
1976,
440,000 storm
ment, Series 266 bonds.
Due
July 1, as follows: $15,000 in
7 1950 and 1951, $14,000 in 1952,
<
Newark, County Judge, will receive sealed
of Chi¬ bids until 2 p.m. (CST) on July 11
National for the purchase of $200,000 not to
Bank,
as
$20,000
1974 and 1975,
in 1979.
sewer
improve¬
,
American National Bank,
cago,
July 1 from 1950 to
exceed 6% interest first mortgage
(State of)
The $10,000,000
2470—were awarded to a syn¬
dicate composed
of the Chase
National Bank, C. J. Devine &
State
Authority,
Texas
p.
tional
as
Housing
Beaumont
First
Series
June 29—v. 169,
offered
Bonds
3y4s and
par/ Dated
of Dallas,
Texas,
on
1978, and $20,000
3y2s, at a price of
April 10, 1949. Legality approved
by Dumas, Huguenin and Boothman, of Dallas.
T 7
bonus,
veterans'-
in
1949.
Indep. Sch. Dist., Texas
<r Bonds Sold—An issue of $110,000 school house bonds has been
sold to the Central Investment Co.
of
%w-'i
K
Dakota
000 in
7;
Anton
7
SOUTH DAKOTA
South
about
TEXAS
,
sale
.
V
pressed in a multiple of y4 or 1/10
of 1%.' The approving opinion of
'Byger Sinkler, of Charleston, and
JReed, Hoyt & Washburn, of New
York City will be furnished the
Successful
bidder.
A
certified
check for $53,000, payable to the
State Treasurer, is required.
:
<<
;
a
1957 incl.
to
Dated June 1,
the rate of Interest, ex¬
name
&
"as 2y4s,
v
Feb. 1, as
'in the City of New
,
25,000
Denomination $1,000. Due on
ury,, or
1
of
in
resulted
-
election
an
proved by Dumas, Huguenin and
Boothman, of Dallas.
"
Chairman of the Board of
640,000 sanitary sewer and sew¬ Regents, will receive sealed bids until 10 a.m. (CST) on July 7 for
the purchase of $8,825,000 Colleges of the State bonds, consisting of
age disposal plants, Series 265
bonds.
Due July 1, as fol¬ issues for various Colleges' as shown in" the accompanying tabulation
lows: $22,000 in 1950 and 1951, of maturities:
Texas
Texas
John
Prairie
North
Texas
North
$20,000 in 1952, $22,000 in 1953
College 6f 7 *
Trrleton College of
View
Texas
State
Texas
Mines &
Arts &
and. 1954,
$20,000 in 1955,
A. & M.
Agric.
State
Agric.
College
College Industries Metallurgy Total
College
$22,000 in 1956 and 1957, $20,College for Women College
8
$ '
$
000 in 1958, $22,000 in 1959 Year
$
$
$
905,000
85,000
85,000
100,000
95,000
110,000
205,000
225,000
and
1960,
$20,000 in
1961
925,000
85 000
85,000,
105,000
100,000
110,000
210,000
230,000
930,000
85,000
85,000
$22,000 in 1962 and 1963, $20,-' 1952„«,
105,000
100,000
115,000
210,000
230,000
950 000
90,000
90,000
•105,000
000 in 1964, $22,000 in 1965 1953___
100,000
115,000
215,000
235,000
970.000'
90,000
90,000
110,000
100,000
120,000
'220,000
240,000
and
1966, $20,000
in 1967,
995,000
95,000
95,000
105,000 k' 110,000
120;900
225,000
245,000
1,015,000
95,000
.95,000
$22,000 in 1968 and 1969, $20,- 1956—H5,000
105,000
125,000
250,000
230,000
1,030,000
95,000
95,000
115,000
000 in 1970, $22,000 in 1971
105,000
235,000
125,000
1957—_
260,000
100 000
1,105,000
105,000
125,000
115,300
130,000
280,000
250,000
and 1972, $20,000 in 1973, $22,- 1957—_
$35,000 road bonds: $5,000 as 2y4s,
due on June 1, 1951, and $30,7,' 000 as 2y2s, due on June 1
will
Treasurer,
$14,000
bonds
offered June 23—v. 169, p. 2583—
were awarded
to C. H. Little &
Co., of Jackson, and Davidson
Co., of Knoxville, jointly, at
at
sue
1979 inclusive.
Tenn.
$60,000
Athens),
Sale—The
Bond
of the voters to authorize the
420,000 street opening and wid¬
ening, Series 264 bonds. Due
O.
(P.
County
McMinn
SOUTH CAROLINA
State
bid reflecting
of about 2.57%,
for
(J-J)
—
re¬
bonds
Equitable Se¬
curities Corp., on a
on
•
$100,-
revenue
improvement
by the
purchased
urer's office, or at
Bond Offering
System
and
funding
Inc., New York
Bonds
Tenn.
Details—The
Sale
Bond
election
-
Erwin,
Hawkins
Robert
an
both of Houston,
at a price of par.
1949. Legality ap¬
as 4s,
June 1,
•
Treasurer, is required.
to
Montague County (P. O.
Montague), Texas
Bond Sale Cancelled — Failure
R. Phillips
McClung &
J.
and
road bonds to | bonds has been sold to McClung
Moss, Moore & Co., of Dallas, and ; & Knickerbocker, as 4s, at a price
Barcus, Kindred & Co., Chicago, of par. Dated April 15, 1'949. Le¬
jointly—v. 169, p. 1338.
gality apioved by Dumas, Hu¬
guenin & Boothman, of Dallas.
Muenster Indep. Sch. Diet., Texas
an
election held on Nov. 20,
Bonds Sold—An issue of $300,Seymour Rural High Sch. Dist.,
1948.
Texas
000 school house bonds has been
440,000 storm
sewer
improve¬ sold to Rauscher, Pierce & Co.,
Bonds Sold—An issue of $425,ment, Series 266 bonds.
Due of Dallas, as 2%s, 3s, and 3y2s, at
000 school house bonds has been
$22,000 on July 1, 1950 to a
price of par. Dated June 1,
sold to the Dallas Union Trust Co.,
1969 inclusive.
These bonds
1949. Legality approved by Dumas,
of Fort Worth, as 2%s, 2%s, and
were voted at an election on
Hugunin & Boothman, of Dallas.
3s, at a price of 100.05.
Dated
Dec. 8, 1945.
May 1, 1948.
Legality, approved
240,000 street paving, Series 263
Orange Indep. Sch. Dist., Texas
bonds. Due $12,000 on July 1
Bond Sold—The $40,000 stadium by Dumas, Huguenin & Boothfrom 1950 to 1969 inclusive.
revenue
series 1949 bonds has man, of Dallas.
City
the
to
offered on June 30 were
bonds
These
voted at
Dec. 28, 1943.
check
certified
A
cost.
without
inclusive.
Co.
Knickerbocker,
May 7.
Dated
640,000 sanitary sewer and sewage disposal plants, Series 265
bonds. Due $32,000 on July 1,
from 1950 to 1969 inclusive.
These bonds were voted at
Ya
est, expressed in a multiple of
of 1%. The approving opinion
construction bonds
awarded
provement and
were
Chapman & Cutler, of Chicago,
will be furnished to the purchaser
I.
$200,000
Sale—The
1969
Bank
Bidders to name the rate
Newport, R.
7"
Bond
:
1
:
City
jointly,
•
payable at the Na¬
of New York.
(J-J)
tional
/.
i
t
terest
bid of 100.28
by Blair &
L 1963. Second high
for 2%s was made
held
the
to
Investment
420,000 street opening and widening, Series 264 bonds. Due
$21,000 on July 1 from 1950 to
1951; $2,000 from 1952 to 1957 inf
elusive, and $3,000 from 1958 to
1969 inclusive. Principal and in¬
sold
been
proved by Dumas, Huguenin &
Boothman, of Dallas. These bonds
were
authorized at the election
on
55
(55)
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
Number 4817
Volume 170
Each issue is dated June 15,
State of Texas.
;
'1949.
>
,
County (P. O.
Hempstead), Texas
Bond Offering—W.
P. Herms,
Waller
Jr., County Auditor, will receive
sealed bids until 10 a.m. (CST) on
July 8 for the purchase of
000 hospital
bonds. Dated
$160,Aug.
10, 'f 1949.
Denomination $1,000.
on Sept. 10, as follows: $60,-
Due
000
in
1950;
$6,000 in
1951 and
1952; $7,000 from 1953 to 1956
inclusive; $8,000 from 1957 to 1962
inclusive; $9,000 in 1963, and $3,000 in
verse
Optional in their in¬
numerical order, either for
1964.
Interest rate to be
•
tem revenue bonds has
to
been solii
Central Investment Co. of
the
Texas, of Dallas, as 4s, at a
price
Dated April 1,1949. These
the $150,000 Is¬
sue authorized at the election on
March 12.
Legality approved by
of par.
bonds are part of
Dumas, Huguenin &
Boothman, of
Dallas.
Yoakum County, Sligo
School
District
Con. Indep.
(P. O.
Plains), Texas
Bonds Sold—An issue
000
been
school
sold
of $270,-
house
bonds
has
to
Moss,
Moore
&
refunding on any Co., and the First National Bank,
interest paying date on or after both of Dallas, jointly, as 2y4s and
Sept. 10, 1954. Principal and in¬ 2s, at a price of 100.02. Dated
terest payable at the State Treas¬
July 1, 1949. Legality approved
urer's office. Bidders to name the
by Dumas, Huguenin & Boothman,
rate of interest, expressed in a of Dallas.
multiple of Ys of 1%. A certified
check for 2% of bid, payable to
VIRGINIA
the County Auditor, is required.
redemption
or
,
Texas
Bonds Sold—An issue
Wilmer,
Bond
Portsmouth, Va.
Offering—W. G.
Ancell,
of $50.-
City Manager, will receive sealed
000 water system bonds has been bids until 2 p.m. (EST) on July
sold to the Texas Bank & Trust
12 for the purchase of $505,000
Co. of Dallas, as 4s and 4y4s, at not to exceed 6% interest school
a price of par. Dated June 1, 1949.
bonds.
Dated Aug. 1, 1949.
De¬
Legality
approved
by
Dumas, nomination $1,000. Due on Aug. 1,
Huguenin & Boothman, of Dallas. as follows: $25,000 from 1950 to
These bonds are part of the $60,1968
inclusive,
and $30,000 iin^000 issue authorized at the elec¬
1969.
Principal
and
interest
tion held on May 7.
(F-A) nayable at the Chase Na¬
tional Bank, New York City. The
Woodshoro, Texas
Bonds
000
Sold—An issue of $100
water
works and
sewer
-
sys¬
approving opinion of Wood, King
& Dawson, of New York City,
56
(56)
THE
will be furnished to the purchaser
without cost.
Bidders to name
the
rate of
•
400,000 sewer
bonds.
Due
on
July 1 from 1950 to 1964 in¬
interest, expressed in
multiple of 1/20 of 1%.
tified check for $10,000
quired.
a
A
re-
Bond
Ottering
Lammie,
receive
Town
sealed
Co., St. Louis, Wil¬
Co., and Raffensperger, Hughes & Co., jointly, for
l%s, at a price of 100.53.
(EST)
Leona W.
—
Treasurer,
bids until
will
11
a.m.
July 13 for the pur¬
$175,000 not to exceed
6% interest water and sewer sys¬
•
tem
of
coupon
registered
or
bonds.
Dated July 1, 1949. Denomination
►
$1,000.
Due
July 1,
on
follows:
as
$5,000 from 1950 to 1957 inclusive;
$10,000 from 1958 to 1966 inclu¬
sive, and $15,000 from 1967 to 1969
inclusive.
Principal and interest
(J-J)
payable
tional
Farmers
the
at
First
Na¬
Bank
of
name
ville. Bidders to
of y4 or 1/10 of 1%;
Wythe¬
without cost. A certified check for
payable
required.
$500 from 1950
the
to
Town,
is
College
Bond
000
Sale
water
Bond
2584—were
Webber,
Chicago,
June
by Foster & Marshall, of
on a bid reflecting a net
interest cost of about 3.10%, as
previously noted in v. 169, p. 2696,
were
sold at a price of par, as
follows:
from
34,000
•
Due
1951
to
July
on
Due
Due
3s.
as
1965 to 1968 inclusive.
82,000
3y4s.
as
from
Due "On
1969 to
about
1.93%.
Aug.
r
-f-i
f
t
bids
until
2
Principal and interest (J-J)
able
at
urer
1
p.m.
of Pierce County,
the
office
of
the
pay¬
and
premium of not
a
than 2%.
bonds.
A
certified
check
amount of bid is
for
5%
Skamania County School District
No. 2 (P. O. Stevenson), Wash.
Bond
Sale—The
$30,000 school
bonds offered June 27—v. 169, p.
2804—were awarded to the State
Finance
Committee.
1,000,000 Sch. Dist. No.
Due
of the
required,
*;• -
of
of
bids until 11
a.m.
(EST)
July
19 for the purchase of
$479,000 2%
achool bonds.
Dated July 1, 1949.
Denomination $1,000. Due on July
1, as follows: $236,000 in 1951,
and $234,000 in 1952.
Principal
and interest (J-J) payable at the
on
State Treasurer's office, or at the
option of the holder, at the Chase
National Bank, New York
City.
The approving opinion of
Caldwell,
Marshall, Trimble & Mitchell, of
New York City, will be furnished
the purchaser.
A certified check
for 2% of the face value of the
bonds
bid
for,
payable
to the
Board of Education, is required.
•(
''1
"
'*•'/i't
:7/"7
Vr
.•
Series
■/
A-D:
Series
were
I,
awarded to
Halsey, Stuart &
Co., Paine, Webber, Jackson &
Curtis, and Martin, Burns & Corbett, both of Chicago, jointly, as
l%s, at a price of 100.58, a basis
""
•*
X-
of about
1.54%, as follows:
$500,000 school bonds. Due
•
.
.
Due
D-1939
2%s.
Due
to
171.4
183.9
133.1
Sale
bonds
The
—
works,
payrolls—
TotalSeries
Series
A-D____
Iron
336.5
124
*Data
not
yet
points
not
,
.L
y'.i•:■».:
7
Series E-1945
1
!_
''
Series
June
7
7
$2,843
Series
E-1948
Series
E-1949
6.870
;
V. f
..
months)
:
;
iEstimated.
([Revised.
and
department store sales Indexes based on
manufactures,
nondurable
manufactures, and
index,
-
,193
240
236
*238
206
168
1,117
2,841
4.030
4,919
118
•
1,726
1,203
3,412
1,512
218
."'179
,
196
209
203
tl26
126
144
-
i3i;
$119 '
1141
tl92
187-
/
•116
163
.
186
tl58
211
202
*
172
134
144
196
160
"
171
190
241
tl86
187
243
201
244
$199 v.-'
201
244
1123
129
177
111
If 240
129
$123
103
147
177
[111
147
([240
303
179
112
179
106
108
106
96
109
96
109
109
textiles
124
109
124
and
308 >(
112
products
Goat
kip
leathers
kid
leathers
and
74
lamb
*
1:213 '
-
103
81
72
78
91
-
80
*
leathers-
83
89
76
93
75
100
113
107
*
113
107
tl64
163
159
$157
149
tl05
flour
Other
103
139
$101
99
ti.37
"145
127
;
$137
tl74
172
168
*;
$158
veg—
$155
155
150
tlOl
c_
tl42
145
170-v
$142
162
manufactured
Processed
fruits
162
191
foods
and
Paper and products
Paperboard
^
Newsprint
Printing
production..
and
publishing
)
ioo
97
■'/
991
%-
153
134
134
i
i
•
153
127
152
94
97
; 146
170
V,
162
162
101
191
99
10O
156
•
; 159
t210
$220
170
170
tl75
169
196
$166
169
196
174
*
182
174
•
—_
173
166
480
421
Fuel oil
::i56
154
r\
products—
Gasoline
;
161
V \t211
[ fl75
t433
coal
151
—
consumption
and
tl53
182
Petroleum
19.00
68
142
163
*
tl66 ;
1156 T;
143 u
168
>211
163
149
$210
;$220
170
170
-
;
"
.t
•:
,
Chemicals
:
t234
J
237
'249
■;
173
♦433
-
•
-
166
480
421
chemicals
/
/ 130
t255
265
304
$255
-
,t409
417
436
$409
,
177
201
$178
148
144
171
88
116
156
172*:
t!25
Industrial
140
$124
$156
:
1141
$105
^ Rayon
239
151
$144
—-
.124
t!78
—
139
+149
1
Soap
$233,
tl37
tl27
—
Paints
29.36
800
.
1,581
;
238
1 206
192
203
164
608
273
163
206
1159
•
tl83
products.
Sheep and
39.03
*
-•
;
-
4
114G
>
v
'
48.64
2,894
t221j
$186
'
144
213
c:
50.10
2.696
-
-
551
240
189
Cattle hide leathers
48.71
6,479
5,194
"V
:
tl99
"41.35
5.707
6,505
183
"
tl87
products
Meatpacking
27.77
218
196
126
103
Wheat
57.97
196
187
213
and
Calf
*
.179;'
209
Tanning
20.26
$2,061*
-
::183
438
Rayon deliveries
Leather
193
236
t230
Cotton consumption
Wool
217
•240
603 v
tll5
glass
208
209
218
273 K
192
May
-
219
,
tl41
and
Apr.
*
*
240
tl24
products
Textiles
204
■
551
t221
-
clay
Clay
/
•
196
Cement
.
■
217
tl46
Furniture
were
21.60
».
; 208
tl86
products
49.77
439
219
,
May
433
and
Lumber
Stone,
96.08%
.'
Apr.
t230
Automobiles (lncl. parts)
Lumber
Without
Seasonal Adjustment
1949
1943
1948
187
Nonferrous metals and products
Smelting and refining——
Amt. Issued
K
$78
100)
=
'•218
s
:
Transportation equipment——^
Redeemed of
1,002
5,420
4,211
(5
available.
209
L
Newsprint
.
429
4,097
^
_
*
Adjusted for;
Seasonal Variation
Electric
1
Percent#
'
Outstdg.
;
4,422
E-1947
$291
294
/
Machinery
Que.
$50,000 3%
works
tAmount
*
•"
111
'10,114
.
Series E-1946
305
total
Gypsum and plaster products
Abrasive and asbestos products
(1543
279
12,984
:
297
294
282
204
Open hearth
1
July
on
necessarily add to totals)
11,128
4
300
125
durable
in
Beehive
E-1944
143-..
295
285
11142
'
1,545
Series E-1943
Series
125
127
carloadings,
convert
390.8
303.Q
•
Pig iron.
Dated April 1, 1949. Due on
April
1 from 1950 to 1969 inclusive.
1 $4,904
:
346.7
380.2
293.8
$296
and steel
Steel
to Casgrain &
Co., and
Dudley Dawson, Limited, both
of Montreal, jointly, as a
price of
97.90, a basis of ; about 3.21%.
1,280
-
155.5
___
_—
May
-.V'.v
-
E-1942
148.1
___
'
By-product
E:
Series
>$144.3
,
MANUFACTURES
awarded
539
Series E-1941
156.7
•
-1949
sewer and gas
offered
'£•; -:548
'•
149.0"
(1935-39 average
inclusive.
Due
Sherhrooke,
Bond
,
water
$1,914
•;
Series D-1941
195
251
129.7
were
July
on
1959
3t4s.
as
1,083
Series D-194o
163
231
V
Wood, Gundy & Co.,
1950
'$1,992
;
I
______
tl76
+238 '
tl66.0
on
143
128
,
:
,f
•;■
-
249
;
156
128
120
265
304
; 417;
.
436
4.30
•v--1
Rubber
products.
177
201
MINERALS
Total
Series
E
CU
.1.
•
$56,952
$23,911
$33,041
41.98
$26,754
$35,102
43 25
Fuels
f
Total Series A-#-.—_
$61,856
-
Bituminous
coal
Anthracite
Series
F
and
G:
».•
*
Series
F
F
and
G-1942___
and
G-1943J
and
G-1941
1,541
Series
F
and
Series
F
and
and
G-1947
F
and
17.20
2,563
21.25
639
3,076
3.158
435
2.723
334
2,665
2,590
;
G-1945
_.
1
198
2,392
7.64
G-1948
2,977
1.88
772
months)
•
57
773
-
♦
Iron
Total
"Series
F
and
G
$24,409
$3,297
104
.
All Series—Total matured—
Total Unmatured
^—1
Grand
•Less
Total
than
124
([Includes matured
bonds
tincludes
which
have
$1,992
'■
84,377
accrued
not
-V
144
168
171
-
116
156
$156
88
172
:
$141
133
144
260
302
17.20
FREIGHT CARLOADINGS
13.77
-
'
11.14
$21,113
13.51
(1935-39 average
Coal
$1,914
28,261
been
for
100)
Livestock
163
130
129
163
188
11186
171
184
11184
150
—
129
173
Coke
138
129
132
121
11114
-
;
$78
96.08
56,116
33.49
payment.
73
76
96
66
68
123
119
139
128
119
145
Ore
—19
$30,175
$56,195
34.94
discount.
iCurrent redemption values
presented
—
130
—_
Forest products-
'
$86,370
$500,000.
"
t318
ore
Grain
Unclassified sales and redemptions.
; $105
-
148
-
$144
;•
—
3,033
(5
Metals
$149
168
•7
20.26
2,668
3,388
G-1946
Series F
Series
1,276
-
651
720
3,715
—
and G-1944_
Series F and G-1949
265
3,214
2,999
F
:
Crude petroleum
on
July 1 from 1950 to 1964 in¬
clusive.
to
as
i"
•
A-1935 to C-1938 (matured)
Series
Series
3
"*
165
206
$127.3
%
the
'*(•>'
•
140
206
INDUSTRIAL PRODUCTION
the Canadian Bank of Com¬
millions—rounded and will
Series
Fond du Lac, Wis.
Bond Sale—The $900,000 bonds
offered June 30—v. 169, p. 2696—
about 3.54%.
"/tAmount ; tAmount
/■Hi TsriipH h- Redeemed
Issued
/*1;
;•">
'
226
shown in Federal Reserve Chart
Book,
multiply durable by .379, nondurable by .469, and minerals
by .152.
Construction contract indexes based on
3-month moving averages,
centered at
second month, of F. W.
Dodge data for, 37 Eastern States.- To convert indexes to
value figures, shown in Federal
Reserve Chart Book,
multiply total by $410,269,000,
residential by
$184,137,000 and all other by $226,132,000.
\
Employment index, without seasonal
adjustment, and payrolls Index compiled
by Bureau of Labor Statistics.
Savings Bonds Issued and
Redeemed Through May SI, 1949
71
in
201
135.1
NOTE—Production,
United Stales
amounts
+210
184.1
Manufactured food products
(Dollar
188
171.8
daily averages.
To
minerals indexes
to
from 1960 to 1969- inclusive.
$1,000.
These bonds are part
the $4,000,000 issue authorized
164
176
131.0
tPreliminary.
Dated July 1, 1949.
bonds.
146
+129.2
Durable goods
Nondurable goods
Lennoxville, Que.
Sale—The $80,000 water
Bond
47,000
1959 inclusive.
Series F
WISCONSIN
of
from
Aug. 1 from
on
basis
$33,000
1, 1949. Denomina¬
each, or some multiple
>j■
Bond Offering —
Lloyd H.
Wharton, Secretary of the Board
of Education, will receive sealed
to
2
+148
+145.5
Freight carloadings
Department store sales, value
Department store stocks, value__
Toronto, jointly, at
a price of 99.18, a basis of about
3.22%, as follows:
Aug.
162
+ 166.1
Factory
merce, both of
Dated Aug.
tion $1,000
Wood County (P. O.
Parkershurg),
Virginia
$100,000
1950
WEST VIRGINIA
West
Due $100,000 on
177
143
Beauport, Que.
and
1 from 1950 to 1959
inclusive,
222
159
+ 149
Bonds Sold—An -issue of $54,000
school bonds has been sold to J. T.
$1,000,000 County High Sch. Dist.
at the
197
213
.
awarded
County School Districts
(P. O. Casper), Wyo.
T ) "'•
Offering — David Foote,
Sr., Clerk of the Board of School
183
+201
+160
-
works bonds offered June 20
Bond
+ 178
178
Durable goods.
Nondurable goods
QUEBEC
-v-
Natrona
197
221
Total
*
May 2 from 1950 to 1964 inclusive.
WYOMING
185
213
162
in
more
'Y.V'--v
192
+195
All other
1965; $12,839.87 in 1966;
$13,225.06 in 1967; $13,621.81 in
1968, and $14,030.43 in 1969.
a
paying
May
177
value-
Gendron, Inc., and the Dudley
Dawson, Ltd., both of Montreal,
jointly, as 3s, at a price of 96.72,
and shall be redeemable in whole
in part on any interest
or
Treas¬
or
fiscal agency of the State in New
York City, at the holder's option.
•:«
The
Apr.
+174
+ 174
contracts,
Residential
465.89 in
Town
(PDT) on July 18 for the pur-, Trustees, will receive sealed bids
until 7:30 p.m. (MST) on
chase of $32,500 not to exceed 3%
July 11
interest general obligation bonds. for the purchase of $2,000,000 not
Dated July 15, 1949. Denomina¬ to exceed 3%
interest building
tion $1,000, except one for $500. bonds, divided as follows:
7
?
*
:
May
192
Factory employment—
1958; $10,439.99 in 1959;
$10,753.18 in 1960; $11,075.78 in
1961; $11,408.05 in 1962; $11,750.29
in 1963; $12,102.80 in
1964; $12,-
Madison (P. O. Madison), Wis. \
Bond Offering — Ben
Paepke,
Denomination $500.
shall mature serially
as
'.May
+146
Total
Canada, cf
3s, at a price
Without
+201
Construction
in
135.91
a
Clerk, will receive sealed
bids until 8 p.m.
(CST) on July 6
for the purchase of
$40,000 not to
exceed
4% interest fire station
and town hall bonds.
Dated
of
i"
Seasonal Adjustment
1949
1949
1161
Minerals
1951^ $8,488.66 in 1952;
in
1953;
$9,005.62
in
1954; $9,275.79 in 1955; $9,554.06
in 1956; $9,840.69 in
1957; $10,-
on June 1 from
inclusive. The sec¬
highest bidder was Milwau¬
date with
July
241.42
1966
•
Bank
179
tl79
Nondurable
$8,743.32
Dated
1975 inclusive.
King Counties Sch. Dist.
No. 324 (P. O. Tacoma), Wash.
Bond Offering—L. R.
Johnson,
Treasurer of Pierce County, will
sealed
&
price of 100.50,
a
1, 1949, Due
Pierce and
receive
Paine,
Curtis, of
proportionately over a period of
20 years
from; the date thereof,
July 1 from
on
of
to
1
July
on
Total
Durable
Ont.
Apr.
$174
Manufactures—
of 98.37, a basis of about 3.17%.
Dated June 1, 1949. Due on June 1,
as follows:
$8,001.38 in 1950; $8,-
p.
bonds
from 1960 to 1963 inclusive.
48,000
2s, at
Royal
r
for
1948
May
production-
Total
Sold—An issue of
Montreal, jointly,
sewer
169,
1
1959 inclusive.
23/4s.
as
Jackson
to
1, 1949.
3s.
$70,000
June 28—v.
awarded
as
basis
a
pur¬
Seattle,
as
Sale—The
bonds offered
$225,-
bonds
revenue
Bonds
the
Co., Milwaukee, for 2y4s, at
price, of 101.58.
J
-
Wash.
Details—The
Barrie,
the rate
name
kee
chased
$61,000
Bidders to
in¬
f
=
Adjusted
Industrial
|
factory employment and payrolls;
1949-
$75,000,000 Treasury bills has
on June 23, at an aver¬
age yield of 0.510%: Dated June
24, 1949.
Due on Sept. 23, 1949.
a
''
7'.'
INDEXES"
em¬
with
100 for construction
contracts;
average = loo for; all other series.
1935-39
>:
for
Seasonal. Variation
been sold
inclusive,
1969
V,,
average = 100
1923-25 average
of
Kiel, Wis.
1950
Place,
1961
1962 to
a
BUSINESS
$215,interest, expressed in a mul¬ 000 water works bonds has been
tiple of y4 of 1%.
A certified sold to Wood,
Gundy & Co., A. E.
check for 1% is required.
Ames & Co., both of Tononto, and
ond
WASHINGTON
to
$1,000 from
The indexes for May together
year ago, follow:
1939
of
multiple
a
The approv¬
ing opinion of Hawkins, Delafield
& Wood, of New York City, will
be
furnished
to
the
purchaser
month and
issued
factory
payrolls, etc.
(P. O. Ottawa)
Bills Sold—An issue
Treasury
water works bonds. Dated June 1,
1949. Due on June 1, as follows:
clusive.
ployment and
ONTARIO
Canada
Clerk, will receive
sealed bids until 8 p.m. (CST) on
July 7 for the purchase of $14,000
and
Board of Governors of the Federal
Reserve System
monthly indexes of industrial production,
June 27 its
on
CANADA
Village
Monday, July 4, 1949
Federal Reserve May Business Index
The
&
the rate of
interest, expressed in
$3,500,
Blair
berg,
CHRONICLE
election
Holmen, Wis.
Bond Offering—Arnold M. Cas-
on
chase
FINANCIAL
held on May 24.
Principal and interest (F-A) pay¬
at
the
County Treasurers
office.
The approving opinion of
Myles P. Tallmadge, of Denver,
will be furnished by the District.
Bank & Trust
Wytheville, Va.
&
able
Dated July 1, 1949. The second
bidder was Mercantile-Commerce
liam
the
at
clusive.
cer¬
is
COMMERCIAL
215
11215
11208
267
228
11272
126
132
143
127
130
59
59
69
59
60
.—
Miscellaneous
Merchandise,
l.c.l
NOTE—To convert coal and miscellaneous
in
Federal
Reserve
•Data not yet
Chart
available.
Book,
multiply
tPreliminary.
v
86
•
144
69
Indexes to points in total index, shown
coal by .213 and miscellaneous by .548.
HRevised.
@FedFRASER