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ADM

BUS.

!'

■I'lJ'iA'i

■

-V

'X

*X '•/; *l ,».:

-i.

"7"""^*"//>•

./**

-JI^'

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■

-

Y-'^

>ixf-c3 ^ '-'■ V ^ i': //(''

Volume .164; Number 4505

f.r

v.^.y'.:._,.;'A"

,V"'^/'X•/-.^ "!*'

C

-

**

**

•

Reg- U- S" Pat' °fflce
New

York, N. Y., Monday, July 8J 19467"

Price 60 Cents

Copy
f/;t

a

Ej

v;i>...^i;..';/-y//

RAILROAD

PUBtlO UTR,IT11 INDUSTRIAL/£ INSURANCE

MISCELLANEOUS

-

r.rv#

; Akron Canton & Toungstown RR
.-"

May-i

Gross
Net

railway-

$268,269

$394,106

-f,940

111,678

*19,970

46,849

railway-

Net ry/oper. income.:--

-'

From Jan. 1—«

Gross

from

X 1945

1946

:

from

from

^

■

,

railway-/:-". 1,561,374

Ne^!from railway,Net ry. oper.

Income—"

81,576

163,ip.:3125;;

'r*poocit>--yi

'758,405
321,908

lpl,944y/

-

,-

2,102,508;

268,095-

.

Alex, Brown-& Sonsl—'-/ 13,950
7*7,296

.

railway
Net from railway
Net ry.

income—

oper.

$1,704,863
>509,095

'

*65,937w '

.....

From jan. i—
Gross from railway-'—

Piper,. Jaffray

7;-.;7;;,77:x-t 7.77i

$1,037,693
"4,752

Sc

Newhard,

&

•I.

6,300
4,500

Co.
Co.

.3,600

i

M.

&

—

.

-

'

Simon &• Co

Neither' the

3,600

——

Co—!

other

maximum'of five
A-,

Co.—

13,

u

of

176,019

218,703'

•

Gros^

*V

ia ay—

v

Gross
Net

from

from

Net ry.

'

*

.

1946
>'■

income—•

78,287 /

"274,404

Prom Jan. 1—

4,622,251'

/X'

1,093,508

railway
from railway—
Net ry, oper, income-!

12,070,722

Net

569,053
♦

1944

1943

$3,337,011 r $3,128,976
1,042,988
1,173,149
v
426,772 i v 450,410

~

$3,139,446'
.

16,061,703
*

15153.840
15,182,144
^5,429.274 > 4^4,252 > 6,278.573t

Baltimore Stock Exchange
Boston Stock Exchan|fff!.—

^

American Investment Co. of Illinois—Preference
Stock;
Offered—Alex. Brown & Sons headed a group of under-:/
Writers that offered

The 5%

convertible preference stock is entitled to dividends at rate of
annum,

April,

Junior* to

cumulative

to

are

be

retired

>

prefeiied stock, the outstanding shares of Which,

but

which

will

rerhain

authorized.

Convertible

prior/X

i

179

its

stock

$50

at

company

called

for

presently outstanding 5%

Each share

share,

per

of

the

5%

plus

redemption

cumulative

dividends

June

convertible

preferred'

dhte'fixed

to

cumulative convertible

stock was

1946, 52,852 shares of the preferred stock were out-/ '
Assuming that' none of such shares were converted into com- X.
stock prior to the close of business on June
18, 1946, the aggre-'
gate redemption price to be paid by the company (exclusive'of hecrued dividends) will be $2,642,600.
Company proposes to obtain from
of

Some

of

New

York,

them,

Bank

of

short-termm

Manhattan

loans

not

Co.,

in

in

excess

of

that the net
the
amount

proceeds

of

the

shares

186

of/

excess

Reserve

Banks

—'—MM*—.

/>

now

——

1,

^

to
to carry on their

sinking fund debs.,

due'

>1951_^//'/_^//;//////L//^>.

Short term

<?um,ulative

notes

&

commercial

preferred

:

-

offered

t

stock

paper.

stock

($25

-

-

; ^'--

.

$4,000,000
10,670,000
X'-r-r None1, y/
.

.....

181*727

UNDERWRITERS—The

and

not

jointly,

to

several

purchase

shs

l,031.9i03/4 shs"

* "272,590%
shares reserved for issuance upon conversion
of 5%
vertible "stock.
x
;;v X".
'/y//
•/■*., [ •*
-

Sales

time

unfilled

contract

war

orders

on

hand

totalled

appro*-

con¬

"

underwriters have agreed severally
from the company the
90,000 shares of

152,500

186
'

the

in

I

<

187

until

,

f

facilities

Dec.

were

issued

and

sold

for

cash.

*

,

which

were

v

•«.

.

of a major
acquired for

;

MUNICIPAL DEPARTMENT

1952.' Interest at the rate of 2% per annum will bn
amounts borrowed* with a commitment commission payabla
portion of the credit at the rate of % of 1% per

unused

.It

is

anticipated

that

borrowings

will

be

made

under

&

,

operations of the company and its subsidiaries are financed
from, (a) consolidated capital and surplus;, j(b) moneys received from,
short term

>: The

f

t

'

this

"

4

BUSINESS—Company,

was

th

,

incorporated/in bekware

co.',t'and'. similar, names, • arq engaged in the making of
manly; under .the. provisions of state -small, lo$n lawa.-^'>:

loans,
f

The

on

"

pri-

r;r'//'rX:

borrowings against lines of credit with banks
„(5U^h lines
credit, aggregated approximately $14,000,000 on March ,31, 1946);
and '(cj moneys'received from the sale of the
Company's commercial
paper.
The use of/bank credit/and commeycial"

..

of

back
,

•

As

of March 31,

1946,

approximately 98%

of

the total

.

consolidated

in

and

an

_

are necessary to take- care
of accumulated
increase in consumption beyond the normal trend

ophthabnie/produc'ts brought oivby/a • greater number
made

•wearers,

in

.

facilities

increased

orders

^

paper has provided
flexibility in" the financial structure/ enabling the company to" con- "
tract and expand its working capital with-'the*
requirements-of-the
business.,. .All bank loans are made to the cqmpany and are evidenced
by ."Unsecured/promissory notes.""r
X*
f. • y •; *.;»; y X y
X "v- "*•

ELECTRONICS

services

the

from
into

conscious
and in

backlog
The

of

to

ofders is

consolidated

•

:"■::/

;/::/.y/;x; INDUSTRIALS";

*

industry.

,

need, through visual examinations
A number of new products resulting

Kobbe, Gearhart &

.

net

income

for

1945,

income

after

taxes;/ and/yy

.

i

•

Established 1932

80 BROAD STREET

va

HA-nover 2-2600




NEW YORK 4, N. Y.
Bell

Teletype: NY 1-57S

New

York

Security

Dealen

Telephone

-

: * prospectus

HUGH
Association

KEetor 2-3600

STREET, NEW YORK 5

Philadelphia Telephone
Enterprise 6015

>/Xy

ok request

'

.

.

,

45 NASSAU

:

■XINVESTMENT FUND

INCORPORATED

Members
;

;

Company

STOCKS, UtC.X.;

DIVERSIFIED

/

Bell Teletype
New York 1-57$

.

.

y'y

engineering activities will soon be ready to ga
take; up. the capacity jeft'when the temporary *
filled.
■' V'y,
lX'Xv;/X/VX/:;^'y;'/

NEW YORK

//.

XX;

y

of; spectacle >?!>;

of., their

research and

our

manufacture

/

vi-y tx:,f

i,

Company

<

this

the near future. ,
'/
;v'y-.;*/.1''
y/1- > ->;'/.SX:;//y
During the war; the company leased approximately 413,000 squara

•

cAllen

yy

feet of floor space outside of its own plant.
fe
The major portion of
y
space is being relinquished, except for, the ^manufacturing plant
comprising 158,000 square Teet owned by the U. S. Navy Department
■which
was
acquired and rehabilitated for use by the company as
lessee
in- 1942/' Upon
termination of the /war- production lease on'Xy;
Aug. 31, 1945; the companY arranged another lease for a further term
to expand its postwar ophthalmic operations,
on
which satisfactory / .y:
progress has been made.
About one-third of these premises,".Which.X
have been retained,- by the Navy Department as a stand-by facility, y//
'is: used for the storage of certain special Government-owned opticalXX
manufacturing equipment^;
/
-,'-y/'XX;/
.;.%:,yr, XX-XXX-X

;

•

RAILS
>

*.

portion
its uso

31,

on

the

agreement in

'

'

"

stock

common

war

annum.

•

,

production, and a further/substantial equipment modernization
program is in progress,
In'this connection; a credit agreement has
been entered into with certain Rochester and New York banks, wherebyX
Xsums up to a total of $6,000,000 will be available to the company

;
"

of

Government-owned

payable

-

shares

*

186

———

Municipal Bonds

;

%

«/••

-

SPECIALIST IN

Telephone:

-

During 1945 the financial foundations,were laid for postwar expanof operations.
All-of/ the/47,318' previously outstanding shares'
of 5%
convertible'preferred stock were retired, and replaced with A
new issue of 50,000 shares of 4%: cumulative preferred stock.
In addi¬

©n

FLORIDA & NEW JERSEY

X

/

sion

of

.

-

Capital Flotations "for,May, 1946—

areC

Outstandinff"

-4H,/ •v

$4,000,000

($50)-i//
160,000 shs.par)——-—300,000 shs.
vw,„WWi9,
5%* convertible preference stock-/-;/;/* *//•*? y.
Common stock ($1 par)//—"I,800~000 shs.*
Preference

163, PP. 2431 and 2990,

charged^to capital surplus account.
<
a
'
The company is negotiating for the purchase

X;

f

SSJS

funds
funds

Authorized
/Dec.

/:■ 206,190

161,370

thereby obtained approximately $3,100,000 additional ;
capital, after deducting premiums paid on 5% - convertiblw
preferred stock exchanged-and; redeemed, and underwriting commissions,>.
and
expenses
in connection with the financing; These items were

/-

"

10-year 2%%

that

tion,

185

? Federal 'Reserve''System;;'-/_'
Auction

ft0
* i' ' HISTORY ife
outstanding indebtedness, / Aug. 1, 1925..
J subsidiaries of the,.; May 16, 1946,
respective businesses.

fhriphtprinpsK
with
with

2,121,820'
962,770

909,367

working

Its several wholly-owned subsidiaries, operating, as of
133 offices under names which have' in them as part
\/ ■ ;/ , ///; 0f. the name, Public Loam Corp.,. General Public Loan
Corp., Public
/ CAPITAL SECURITIES GIVING-EFFECT TO-PRESENT FINANCING ' v/ Finance Corp! loan Service
Corp., Loan ServieO Consumer !Discouht
tt-hinh

comuanv
company

38,973

•

The .company

186

"

needed
for the redemption;ot
the!preferred stock, they will be applied to. the general
corporate purposes of-,

o?e'aC<D?ortioa*or

186

145
193

Condition Statement of Member Banks of

Bank -0

$2,500,000 to be used, together with funds from the
treasury of the /
company (if necessary) to redeem the preferred stock.
The net pro- .'
ceeds to be realised by .the company, from the sale
of the 90,000 shar-es X
of preference stock after deduction of
expenses of issue
(estimated
at $35,748) will be applied to the
repayment* of the bank loans with
any
excess
being used> to the extent required, to reimburse ' thd •
treasury of the company,,
■'
V• '-/./ V'

X- To the extent

151

__

-

Bank

or

*9,535

" '/.X'. X/

from

cancelled contracts.

X !

Federal

y

mon

York

\

'V.

.

182,307',

/ 1
•••
'-'X/By reason of these contract cancellations, the Government author- 1 '
fzed a. suspension of maturity and waiver of interest, effective* Sept.
24»
1945," on- $6',61-0,45ft/ principal/ amount " of/ indebtedness under tho \ y
*,
Regulation V loan agreement of the company. Payments on. account
of the suspended loan are being made, as settlements are effected oa *

•

The Course of Bank CIearings.
Foreign Exchange Rates
1/

•

standing.

qf New

2,331,373

"12,934

.

..remainder will be settled ,'ln the' near-'future.

166

General,Corporation and Investment News_
State and City Bond Offerings and Sales-i.1
Redemption Calls & Sinking Fund Notices
Dividends Declared and 'Payable'——1

con- ;/

13,

National

36,542

,

imately $19,000,000,. of which' over- $13,500,000 were cancelled* As of
Deq. 31,, 1945, ,aIL termination "claims had been filed," of Which $3,?X; 269,257 remained unpaid. /Negotiations have been completed on thw
'/major portion of these unpaid claims and it iff anticipated that th*

.

/

Ghase

36,876

At

f

//, Miscellaneous Features

for redemption.

preferred

any time prior to the close, of business on June 18/ 1946,
shares of the commpany's common stock! Any shares so conwere surrendered to the company and will not be redeemed.

June

211,717

railway—!

X

^

Into 3%

At

1943

$425,940

187,287

from

.

//The -yancellatiqii' of war production contracts following • V-J- Day
•;/caused an abrupt change of direction in the operation of/the
company*.,

28, ,1946,.

on

vertible, at
.verted

,

1944

-

.

PURPOSE—The
of

1946

■

.'

^

all

385,28ft

'/

>...
^' '• V
///f
Bausch & Lomb Optical Co.—Annual Report
M. Herbert Eisenhart, President, states in part as follows: *

180

—___.

/ 735,131

286,221

i

•

$515,278

."Deficit.—V.

180

Stock and Bond Averages.

297,582

X'T/'/

■

-

2,4.58,292

1,564,737
railway—
2,313,626
Net from railway*.—— i;">
58,260 r?. 749,342
Net ry. oper. Incomey;
12,062
156,853

Transactions New York Stock
Exchange-/— 166
Transactions New York Curb
Exchange
166

to Sept. 30,
1950, into il/a shares "of common stock, and thereafter * ,:
prior to Sept. 30, 1955, into, 1 share: of common.stock," such" conversion
jrlght to terminate, as to any share called for redemption, on the 10th
business day prior to redemption date,
' i
,1
(
*
"

97,654,<

2,438,085
•572,186

584,747

-"

/

railway*——.$292,549

From Jan. 1—

/ Toronto Stock ■■
Exchange^i;;;;i;^;;>S^ 181
Toronto Stock Exchange—Curb Section.—; 183
Over-the-Counter Markets
181

4

62,845

2,536,506

1945

Gross

179
—

'

.

from

Net ry* oper. income—

179

t Montreal Stock Exchangew..J
Montreal Curb Exchange.;.—.

//

cumulative from July 1/ 1946, payable quarterly
July and October.
Redeemable at any time on or,
before
Sept.
30,
1950,
on- 30
days'; notice
at '$27.50
per
share
and
dividends; and thereafter at $25.50 per share and dividends.
per

Pittsburgh Stock Exchange..!
St. Louis Stock Exchange.—_

:

2,451,440

?

$499,186

Net

176

_•

4 Philadelphia Stock Exchange.~

on June 28 the
unexchanged por-* ;
90,000 shares, representing 50,586 shares of 5%>
convertible preference stock ($25 par)^ at $26 per
share./;;

$1.25

-

May—
Gross

—

iion of

January,

J--

*189,278

Atlanta & West Point RR.~Earnings-—

.

167
171

Chicago Stock Exchange—176
Cincinnati Stock Exchange_/___^; 177
Cleveland Stock Exchange177
Detroit Stock Exchange—
178
Eos Angeles Stock Exchange.!
178

2,187,724

"Deficit.—V. 163, p. 3125/

A

_—-

1943

$541,073

122,748

income,
"7,252 -//> 83,776
1—';Xy'X'XX?,•*: X:~

railway

.

155

i944

$502,232

154,458 /

Page

New York Stock Exchange (Stocks)—
New York /Stock Exchange,
(Bonds)New York Curb Exchange

,

1,256,515-'

1.042,727y 2 292,044

1

..

from

Net from railway—'* '
270,386
Net ry, oper. income—/
61,546
-X "Deficit.—V. 163,
p. 2990.

and Bond Quotations

*•

.

§

_

/•'/x

- 1945
$559,206

From January

Gross

218,504' !;
'vXX "'.y-'X ft/fr'-. 'XXXvX^Xf S? :Xi

■.

Gross from

"

1945

'

-

railway^—1 >. $2,091,843

railway.—

oper,

railway__^^ i
from- railway//
.

v

/

1946
$450,047
20,181

.

(

from

Net ry.
oper.;

;

/Deficit,—V. 163, p. 2989.
Alton RR.: -Earnings—

v

May—

9,394,804'

885,051

.

output, of, the' electric properties, of this company for th»
June 29, 1946 totaled totaled 81,855,000
kwh,, a decrease
under the output of 84,642,000 kwh. for
the, corresponding
of 1945.
nf^OdR-iv, 164, p72.
V
:v-4 .... </// i- •
ended

Ann Arbor RR.—Earnings—

,

1,018,868-

9,330,499
3,848,893

ar»

-

3.29%

Net

*9,394,717.
Net from raUWay-_---.y*/y 619,272/f' 3,583,380
Net ry. oper. income—
105,063
780,605

exception of 19 offices that
163, p. 3413,':•••• •"*:

Power

week

x

5,789,754

the

month.—V.

>r

American Witcr Works & Electric Co., Inc.—Output—.

1,800

&

with

years,

rented, from month, to

1,800

Peabody

important

1,800

Sempie, -Jacobs & Co., inc.

Kidder,

company nor any of its subsidiaries owns any plants o't,
units. ^Office premises are rented or1 leased for-»*

3,150.

2,700
2,250

Stifel, Nicolaus & Co., Inc.

*

4,500
4,500

Cook &

<Sc Gardner

Northwest .Co.——

i Dempsey-Tegeler. & Co

6,300

Hopwood

&

Pacific

.

$2,067,366

728,416
.

7,200

Co

&

tReinholdt
i McDonald

8,100

,

1943

$1,951,952

100,023

Co;

Weeks

1,011,026J XI,87ft,158;;
'
694,483
849,139- ■/: Hayden, Miller
355,571
470,53ft,
Mitchiim,' Tully

Alabama Great* Southern RR.—Earnings—
..'May—
i
'1946.' " ; 19457*// 1944/7
Gross from

Hornblower

Bacon, Whippy & Co
Central Republic Co.
(Inc.)

,*

*

Laurence M. Marks. &

W. LONG

•/

and COMPANY

INCORPORATED

48 WALL STREET

634 SO. SPRING ST.

HEW YORK 5

LOS ANGELES 14
S3

Monday, July 8, 1946

CHRONICLE

COMMERCIAL & FINANCIAL

THE
146

Itemized in the

as

on

basis,
would
shares
_
renegotiation.
An agreement was reached with the Government, for both the years
of 1943 and 1944, that profits were not excessive:and, based on prior
experience, it is anticipated that the same clearance will be obtained
earnings

i,

,

of ,1945,

-

i

,

•'.

'

,

* ^1

..

,

Net

Manufacturing cos
Provfordeprec and

-

amortization.
general

prescription service,
admin, expenses

Selling

and

'

-

charges

$2,432,731
293,936

,

:

taxes

profits taxes (net)—
Refund of prior years taxes due

Excess

to
of internal-

carry-back: provisions

Code
War contract surplus inventory
Accelerated amort, of emerg.facil.
Minority int. in net profit of subs.
Provision for contingencies^————

$6,724,828
404,157
846,690

1

<„

.

•;

.

>' Net ry.

372,927 • ——— ,
.——
§82,380 % ,
f >'
135,705
163,054
189,695
JCr222,927, y 500,000-' 500,000
;

SHEET, DEC. 31

■'

■

■

Total

.

Earned surplus

727,197

816,831

479,444

2991.

80,950,471 104,167i445
24,545,748
46,303,839
11,612,329
13,968,499

railway..:—

railway
income—

from
ry.

1944

oper.

1,587,040

Net :ry.

Net

308,135

from' railway——
Net from railway.i.—

income—

From Jan. .1—

:

5,000,000
5,732,280
4,086,181
6,556,104

-

Net
Net

ry.

income

oper.

Net

ry.

346,309
:

•

—V.

income

oper.

163, p. 2991.:

Net

499,489 ;

r

271,915

101,448

1—

'1

railway

ry.

•35,256

48,003

income—

J 284,439

445,739

674,880

17,080

railway

262,004
246,513

188,556

income—-

:

379,837

269,836

Canadian National

ry. oper.

1—
railway

From January

Net
Net

ry.

oper.

839,709
285,505

L> i

^5

''''j<

railway..

250,358

$285,000 », $141,200
53,148
*50,219
*17,897 :% *104,258

.j

1945

738,600

163, p. 3129.

,,

from

Gross

Net

♦473,617 *

Net ry.

from

1,289,905

RR.—Earnings
1943

1944 , •

2,560,067

3,107,641

:

From Jan. 1—
Gross

Net
Net

■

from

oper.

ry.

2,830,476
1,334,837
1,226,847
^
790,278 -v 1 967,472

3,144,992

12,711,459
- 759,049
> ' 216,958

railway
railway

from

income—163, p. 3129^

>

2,556,866
* 1,113,285
852,744

12,192,031

12,699,825

\

.

61,885,221
4,933,811
' *831,927

1946

May—
Gross

Net

Net

railway—

irom

from
ry.

railway

oper.

income

From Jan. 1—
Gross

Net
Net

ry.

•

...

- ••

income...
163, p. 3129.

1945 :r >V';' 1944 \
$118,387.' . $120,153
:^50,548
, ' *54,976

$108,522 "•

*92,525

588,802

- •

66,547,915
18,876,379

68,701,956
17,924,747
' 9,059,331

9,809,447

2,847,030

*172,847

-

from

Net

*352,018

Net

-

Gross

ry.

from

Net

ry.

1945
$3,674,528

$3,286,024

*18,281

1,088,146

969,277

727,447

653,091

railway

oper.

*213,129

income

s

'

*140,049

509,508

271,106

V 226,980

11,059,943
2,637,774
1,424,571

11,175,189

10,601,653

from

Net

1943

,200,089 i

ry.

—V.

railway....

.

2,487,605
1,282,884

10,446,585.
38,094
,

*1,455,451

.

j

railway

p.

Net ry,

-

610,047
■

'450,374

income—
2991.

696,269 I

Gross

from -railway.;...

Net

from

Net

ry.

income...'

•

•; V

1

-

#

;•

4,196,332.

761,521

*163,459

163, p. 341$.

•Deficit.—V.

17,179,853

13,283,504

railway^.!..—>

oper.

.




;

2,520,091

-

16,036,442
4,561,600

2,414,447

,007,710

,904,726 i

.

v

*854

37,021

1—

'

388,642
42,724
11,431

407,754
68,908

v

17,036

1943

1,020,743
298,291'

641,493
153,313

163,- p. 2992.'

$316,223
158,454r

58,480

i,951,143

.1,994,299.
1,066,192
311,926

1,971,634

1,631,556

railway

oper.

1,134,455
429,518

■ ;■■•

,6 Mos. End.

.1945
$1,136,578
r 31,733
34,035 ; ;v -11,426

1946'

April 30—

Income—cash divs.; —$1,019,420
•Net cash proceeds..
48,821
-

•'i'otal*

-

i

-c

^

^1,102,276
>

Expenses

———_

"

241,806

•

.

1944

$1,197,845
38,658
.7,005
-

$1,179;736
.

211,344

:

.

1943,

:

$1,173,096
32,414:
2.399

$1,243,508 '$1,207,909
:187(606 A .176,587

$860,470 '% $968,392 $1,055,902 $1,031,321"
^.- :tl,450,392 41,444,284 - >1,248,146r 1,250,591
.received as taxable dividend distributions.
security profits and losses. tOf which $601,644 was charged
arising from sales of investments in 1946 and $467,532 in;

tNet income

:i946..

1945

470,670
258,381

2,359,172

1,920,822

$3,254,256
-1,290,754
'
412,529

15,052,100
5,443,651

1,296,941

,

1,202,907
390,321

11,405,324

1943

1944

$3,219,798

•

;

>

:

sales of securities

"itExcluding

$3,124,471
1,510,049 1.
548,264

»From

■

to

surplus

1945.

NOTE—No provision has been made for Federal taxes on income,
has any deduction for such taxes been made from the amount of
unrealized appreciation.
'As long as the present provisions re¬
lating to regulated investment companies are in the Internal Revenue
Code it is the intention of the corporation to qualify as such and to
make distributions of income and security profits in the form of divi¬
dends so as to relieve' it from all or substantially all Federal income

V

nor
_

.

16,003,488
6,689,166
.2,137,015

15,170,071
7,423,708
2,402,386

I

Output—

•

net

'

taxes.
.

'

36,917 :

Dividend Shares, Inct—Earnings—

,

'

1,921,782

Ry^ -Earns..

Commonwealth & Southern Corp.—Weekly

kilowatt-hour output of electric energy of subsidiaries
of this corporation adjusted to show general business conditions of
territory
served, for the week ended June 27,' 1946 amounted 'tor
.250,409,598 as compared with 251,984,402 for the corresponding week
in 1945, a decrease of 1,574,804 or 0.62%.—V, 164, p. 6.
The

,478,122

y

97,223

Interest

i

,164,422

From Jan. 1—

9,151
3,722

Dividends declared

$2,216,980
:

income.

railway-

oper.

163,

1943

$97,327
16,800
1,082

$84,199

V

395,793

49i4,668

railway—.
income—

Net from

2,855,672

*374,622

income...

oper.

464,062

1944

.

$76,771
•1,864
*9,597

-

$2,141,670

429,540

railway—„

from

Net

1944

1946
$2,283,757

railway

from

Net

1944

$2,151,141-

From Jan. 1—

Ry.—Earnings—

Central of Georgia

•"

1945

$2,235,790

*

Gross

May—

1946 ■'

*

:

from

1945

•

$99,520
17,456 ;>
3,845

;;

railway....

from

Gross

22,125,110
"12,291,397

—V.

-

.

railway....—

•'May—'
Gross

1946

;
railway....

From January

62,773,310

$1,840,622

railway.. —

Net ry.. oper.

395,079

t

■

Omaha Ry^- Earnings 1
1943

Cincinnati New Orleans & Texas Pacific

'':K;

.

•Deficit.—V.

from

366.388

161,699

May—
Gross from

|*Deficit.^-y.'l63,.p. 3130.\.;..-;l5

*35,799 ;

575,883 . • 585,455
*308,585- ^ *256,718
*549,451
*456,766

' " *94,452

653,040
*402,967*653,954

•

*74,361

*;

•;

■

railway

oper..

.

.

$138,925.
§ : *79,450
' ; *125,069

railway

from

from

—

*

'

from-railwayl—.—
Net ry. oper. ihbome.—
From Jan. 1—
f ;
Net

1943

1,298,559 ;

-

$13,327,586
4,996,607

2,206,000

•Net'

Yermont—Earnings—

Canadian Pacific Lines in

1,357,212
270,983

355,833

,

4

:

Detroit & Toledo Shore Line, RR*—Earnings-^•
1946 -•;■-■
:■ 1945;•• - -1944 •
$248,676.$340,890
$323,711 ..
railway
74,711
142,948
142,258
Net from railway
8,039
51,794
53,358
Net ry. oper. income

1943

2,002,495

*397,879

-May— >•••••. .• ••: • -1. •'•• • -••'•: •'•
from railway..

from

90,597
'V*

1,226,917
234,775

1,236,608
100,106,

- *

income—1'.

■'

•Deficit.—V. 163, p, 3132.

Chicago St. Paiil Minneapolis &

Gross

railway;Jt,

Net from railway.
Net ry. oper, income.

"

January 1—

railway

from

Gross

23,983,893

$13,858,481
4,008,000

Gross

•Deficit.—V.

63,106

Net from railway
Net ry. oper. income...

*Deficit;—V. 163, p. 3130.
■

67,431

1945

-

Detroit & Mackinac Ry.—Earnings-

.

;

,74,639

Net from.railway..^.Liv/'
Net ry. oper.

Gross from

86,585,559
35,233,322

Western Ry.—Earnings—
1946
194$
•
1944

from railway.—
Net ry. oper. income—".:'

-

$250,215

43,479

income—20,376

oper,

■May—

$17,672,899
6,681,151
5,084,064

$18,456,264
5,135,349
90,315,402
27,333,535

Net

<•

$259,740

....

•Deficit.—V. 163, p. 3132.

$11,274,711 $14,800,042
613,383
4,364,309

railway

railway

from

Gross

Canadian Pacific Lines in Maine—Earnings—
1943
1945 •'
•
• 1944
:
May—
:
: t
'.-v^
1946
$563,630 $465,430 v $624,440
Gross from railway
$366,356
278,107
24L905;
: 187,599
Net from railway...—2,541
'221,517
; - 140,580
>
131,716
Net ry. oper. income—^ y.r *84,205.'

1943

$255,423
45,792

1946

Gross from.;
;v

"

2,353,278

oper; income—-

From

.V-

1944

$174,943
*1,987

railway
railway

from

Net fy.

1,424,966

.

,

Chicago & North

*202,016 '

7.054,147

From Jan. X—

railway

May—

v* 985,700
795,500
ict *81,257 ^ *173,647
j *384,200 *. *464,485

904,100
*253,443
*560,009

Gross

'5,496,806

93,604,063
25,092,240

•Deficit.—V. 163, p. 3415.

*119,866

income

oper.

Net from

,2,078,004

77,993,263
6,505,898

Net ry. oper. income.

$152,300
*61,040

27,918,100
12,320,857

6,358,647

Denver & Salt Lake Ry^-EarningSr-

365,674

*2,104,609

income

From Jan. 1—
Gross from railway
from

$ 1,584,454

28,320,556
9,278,797

11,712,067
5,574,448

801,891

Ma'y—

1943

$1,087,332

St, Paul & Pacific
1946

from

Net

199,429

.

$5,975,364
2,748,538

2,077,251
1,747,096

•Deficit.—V. 163, p. 3132.

5,757,544
2,104,044

5,456,647

7

$13,581,166 $19,465,671
*709,721
4,675,084

railway

Net ry. oper.

'

-

income—.

•Deficit.—V.

...

Chicago Milwaukee

England—Earnings-

.

from
from railway—

Gross

V.i'*"<

■■

railway—^ 3,972,146
^

May—
from

'

30,889,370

20,079,217
2,399,177

from

Net ry.

421,073

460,832

1,042,767

24,600

Income...

3,508,563
1,411,739

railway—^

railway..—
Net from railway——.

2,662,476
1,150,823

266,857

$1,037,833
312,822

1,831,332

Net

$147,800
*54,024
*110,516

railway
railway
income, j-

from

Net

v

278.340

40,621

10,727

*282,018

$5,892,812

$7,433,224

railway..——

From Jan. 1—-

' 1944
$1,204,632

1945

$763,637
18,230

$FromJapri——

■

Western RR.—Earnings—
1945'
1944
1943

1946

.

$3,459,389

Net ry; oper.

Earnings—

Louisville Ry.

1946

railway.:

'

3129;

railway

from

;

from

Net from

69,463

937,764 > 1,132,163
394,877
397,115

110,131

7T£opei£-;^c9rte^
-

$492,180

.

Lines in New

from

Net

p.

Gross

•153,059

2,890,497

2,697,970

1,910,612
265,323

:

$150,571

811,513

•

an

May—

1943

88,853

Net ry; oper. income
' *365,108
•Deficit.—V. 163. p. 3280. ;'
i

•Deficit.—V. 163, p. 3129.

Gross

Net

1;

1943
:

4,689,893
.

Gross

railway.

from

Net
;

476,586

.

by

will

Dayton Power & Light Co.—Transfer Agent—
the National, Citx .Bank of New .York has. been, appointed, transfer
agent for 1,530,000 shares of common stock.—V. 163, p. 3282.

1,462,333
Xhk\ >< '• -•. •'

99,306

.

from

Gross

railway

oper,

May—

1,253,156

$160,018
68,879
53,138

$124,608 i ■
37,103 '

$2,304

shareholders,

stockholders

written

12,260,022

$678,356
318,520

Chicaga Indianapolis &

71,968

a

163;

:*Deflcit.—V.

116,803

378,502
199,130

1944

' y

1945

1946

from

from

Net

v.

♦75,415

From Jan. 1—
Gross

f

RR.—Earnings-

railway
Net from railway—

Net

3,676,872
1,221,209

to

offering

certain

995,196
298,161

.

railway
incomer..

from

Gross

May—
from

oper.

12,826,425
4,143,978
1,402,331

$558,769
199,470

income—

oper.

from

Gross

"

Gross

ry.

12,639,521

*5,181

front railway
ry.

From January

Net from

': Cambria & Indiana

Net

288,483

876,990

.

$322,578
29,543

railway

from

Net

;r

-

260,622

/

■*

as well as 75,000 new shares, which
offer for sale to the public, will be under¬
investment group headed by Emanuel Deetjen & Co.,
Mr. Rosenberger said.—V. 164, p. 6.
*
■;
'•"t iy
ii,'
j
3 % J * • 'j.y
1
The

$2,636,851
860,801

Midland Ry.—Earnings—
' 1946
1945
1944

May—
Gross

1943

1^081,720

1,279,536

1,297,636

railway..

Canada.-

1943

$2,501,835

.

one,

Denver & Eio Graiide

Gross

railway

from

from

1,955,104

.

Chicago Si Illinois

v

$287,315

$217,516
62,140
18,334

outstanding
shares from
Chairman, said it was now
offered the right to subscribe
to 59,814 new common shares at the rate of one share for each seven
held, at a price to be determined later.
The proceeds of the sale will be used to reimburse the company
for money used in expanding plants In Providence, R. I., and Toronto,
for

three

to 418,701.
Carl Roserberger,
contemplated that stockholders will be

5,249,256

1944

Approved—

25 voted to increase the authorized com¬

to 500,000 and to split up the
increasing the number of issued

229,567

from

shares

139,567

13,235,579

$2,646,920

a

Net ry. oper. income—
*647,243
•De£iclt.^-V.. 163, p. 3129*
<

2,776,234
6,082,195

From Jan. 1—
Gross

Net

Ry.—Earnings1945

11,041,215
railway-^^i-i '
983,982

Net from

4,207~280

' 1944

1945 ' $317,439
144,477
93,163

46,516
1,289

railway..

from

1,274,541

railway

from

Gross

41,176
1,137,566

45,667

Coro; Inc.—Split-Up of Shares
The stockholders on June
mon

stock

14,269,253
4,372,932
1,620,159

3,826,578

1946
$1,856,583
158,884
*77,530

Gross

4,731,800

- •

■

$2,747,335
1,056,400
321,208

951,546

13,244,743

*1,347,385

Chicago Great Western

„

4 1,839,693

Burlington-Rock Island RR.—Earnings—
;

■'

t

i;'V

9,475,548
*25,654

income—

Net ry. oper.

1,203,190

363,688

Net ry. oper:

1946

•

•Deficit.—V. 163, p. 3129.

1,391,732
3,603,220

1,653,677

275,377

1—

railway
railway

oper.

ry.

Net

$257,835

' V '

'

649,565

901,820

1944

$3,062,955

income,

oper.

from

Net

163, p. 461.,

railway

;

•

-1943

1945

from

Gross

$34,393,719 $39,601,748

May—
from

20,774,092

0'/' /

*318,068

railway

From January

.

Gross

•'

$2,979,144
1,057,479

1946

from

Net

1,871,287

444,625

Total *

37,810,995

11,040,366

$1,580,167
*32,757

railway

from

—

—.—

82,914,035

39,390,127

Illinois RR.—Earnings-

Chicago & Eastern
May—

$6,875,000 $11,270,000

5

96,105,388

164, p. 5.

Gross

;• r

,
. Brooklyn, and 179 In Queens.
Up to the morning of June 28,: 18 banks and one finance company
had agreed
to participate in the time payment plan.
Others have
signified their intention to join the program. Those registered include:
Bankers Trust Co., Bayside National Bank, Boulevard Bank, Bronx
County Trust Co., Brooklyn Trust Co., Central" Hanover Bank & Trust
Co., Chase National Bank, Flushing National Bank, Industrial Bank of
Commerce, Irving Trust Co., Jamaica National Bank, Manufacturers
Trust Co.,
National City Bank of New York, New York Trust Co^
Peoples National Bank of Brooklyn, Public National Bank & Trust Co.,
Sterling National Bank & Trust Co., United National Bank of Long
Island and Bankers Commercial Corp;
*
,
In all cases the dealer will exercise free choice of the particular
financial institution he wishes to do business with.—V. 164, p. 6.

Qulncy RR. -Earnings—

railway

May—

contingencies
Credits to employees under stock purchase plans
of subsidiary companies
—
—
Minority interest in subsidiary companies—...
5% convertible preferred stock (par $100)
4% preferred stock (par $100)—^—u—.
Common stock (par $10)
—
—
Capital surplus .—

1,923,220

1,988,316

1,826,513

383,585

Net

:

for

Reserves

Vice-President in charge of
^ ;X'
■[
15, the time payment program
is designed to function at an average annual finance charge of $4.88
per $100.
It will be available at any of the Consolidated Edison
showrooms or at any of the company's Cooperating Appliance Dealers^
stores, of which there are 224 in Manhattan, 131 in the Bronx, 277 in
Ephraim F. Jeffe,
f':. '

General

Brigadier

by

sales.

■

512,022

Net

$34,393,719 $39,601,748

-.s——

■:LIABILITIES—-:
■H'
'
Notes payable to banks..—:-—.——————
Accounts payable
—.—
Federal withholding tax and credits to employ¬
ees under war bond purchase plans
:—.
Accrued salaries, wages, commissions, taxes, etc.
Prov. for est. Fed. inc. and excess profits taxes

88,083

239,219

from

Gross

•

!

156,051

90,229

Scheduled to go into effect on July

From Jan. 1—

,

$2,855,345 $5,481,760
655,800
207,100
Notes
6,251,563
5,408,212
Inventories
15,718,734 18,850,645
Claims for refund of Feci, excess profits taxes792,497
—
Investments in and advs. to sub. cos. (foreign)
356,585
322,122':
Post-war refund of Fed. excess profits tax
645,830 1,066,654
Other assets
«£—
413,978
384,710
Capital assets (net)———--——-—.. •. 6,252,350
7,415,345
Patents, less amortizations———
11,498
18,850
Deferred charges to operations-:—439,539
446,350
banks and on hand——1——————
Government securities
and accounts receivable (net)

$432,186

164,329

1944
1943
1946
1945 '
$13,080,658 $22,167,331 $19,695,241 $16,317,570
7,313,112
9,652,826
2,326,420
.
9,455,009
Net from railway.
2,088,029
5,150,009
755,789
2,641,413
Net ry. oper. income—

Cash in
S.

$422,367

,

1945

U.

a return to time payment buying by the public, this
has arranged a new standard finance plan for the purchase
electric appliances and equipment by its customers through
authorized appliance dealers, according to an announcement on July 1

•19,473

May—
from

_

"

Buying—

Anticipating

•137,485

Gross

Inc.—Output—^

of gas and

1,461,685

p.

-

company

railway-

163,

7.7

,

Offers Standard Plan of Instalment

1943

"' '1945
1 $362,590
86,422
45,699

-5.9 <>>■:.

of 3.6%.

Carolina Ry.- -Earnings—

Chicago Burlington &

—V.

CONSOLIDATED BALANCE

income—

•Deficit.—V.

tax refunds..

claims for

907,440
469,817
•

*43,765

Net- from

•

-

_

314,966

railway-*—J
oper; income-—

Gross from

(

—-

——

...

786,857

From Jan. 1—.

$1,192,743 $1,089,717 $1,537,029
226,324
236,590
236,590
Common dividends
: 496,978
. 420,728 •
420,728
Earnings per common share.:—
$1.69
t$2.03 ; $3.09,
-•Based on 573,228 shares outstanding at Dec. 31, 1945. vfBased on
420,728 shares outstanding.
tPortion used- to absorb.>war ..contract
surplus' inventory. § Applicable to prior years ($663,284},' less related
year—i

for

Profit

railway———

Net ry.; oper.,;

3,618,380

1*8,979

*44,203

'

1.5

•'

183,875.000

188,163,000
186,360,000

172,045,000

„„

July 3 announced' that system output of . electricity
(electricity generated and purchased) for the week ended June 30,
1946, amounted to -133,000,000 kwh., compared with 171,600,000 kwh.
for the corresponding week of 1945, an increase of 6.6%.
Local dis¬
tribution of electricity amounted to
175,000,000 kwh., compared with
169,000,000 kwh. for the corresponding week of last year, an increase

3,624.904

378,513

$267,403
*21,064

railway

from

from

Net

88,806

3,443,984

■

—

% Decrease
3.0

The company on

"

1946

May— '

Gross

885,267

r

Preferred dividends

7"';;

163, p. 2991.

188,162,000

Consolidated Edison Co. of New York,

>

225,853

3,646,113

*535,191

Charleston & Western

'

>

>

incomes—

•Deficit.—V.

X

421,186

3,721,210

Cr211,593

Revenue

'

1943

$816,152

3,671

3,092,519
*26,400

railway

Net ry, operv
'

1944

$724,800
'171,285

,

railway—.—_

from

Net

1945

.

182,596,000
181,198,000
177,123,000

—

p..6.

1946

'

;

8—.—.—

—V. 164,

$690,799
108,785

,

January, 1—

from

Gross

$7,151,557

-

oper*

ry.

From

$6,940,091
211,466

;

i
146,979

—i ^
; ^

r

-

13,834,701

$6,467,944
256,884

$2,161,944
270,787

Total income
Other

-

14,500,414 >14,973,098 >

——

Other income

Income

-

•

profit

Gross

Net

$60,183,710 $59,327,734
35 648.579; 37,671,725 37,654,750
1,332,259
1,070,943- - 898,192

1

from

June 22

y

comparisdns with last year:.

June 29:.————i'—

•.■June

*

:A *
;1943

1944

s

1945

26,265,378
7,631,686
3,006,331

June 15——.

k 1946 y?
$577,513
1
*12,840
income— „, *113,771,

<
1 *,
railway—Net from railway——*

May—

Gross

are

Week Ended-

Inci—-Earnings-

Central "Vermont Ry.,

discts._ $53,643,196

allow. &

ret'ns

less

Sales

Following

m&l

•Deficit.—V; 163, p. 3129. "

■

1,771,906

2,722,070-

*1,270,541

income—

oper.

ry.

3% * decrease from the corresponding period last year.
the kilowatt-hour output totals of the past four weeks

a

and percentage

.

of companies,
for the week ended June 29,

sales to other electric utilities,

1946, showed

865,529

I

,

4 INCOME ACCOUNT FOR CALENDAR YEARS
•*(Including Subsidiary Companies in U. S. A. and Canada)
V\

1,839,600

-

of the Commonwealth Edison group

Electricity output
excluding

-

.

on

the year

for

y

$5,579,193

$3,530,620 $4,779,631; $5,339,548
1,310,620
Net
36,961\. '1,257,326
Net ry." oper: income.
'
*480,516 J ;454,760 r J 466,543
:
Prom Jan, 1—
'
y
Gross, from railway
19,137,060 t: 25-012,640 25,387,358
6,793,831
5,855,147
Net from railway™—
1,473,658
railway
from railway!-——
from

Gross

end of the year
the

1943

1944

1945

'--1946

May—

tne

573,228 shares of common stock outstanding at
amounted to $1.69 per share. On a comparative
the same -number of shares of common stock .
have been $1.51 per share in 1944. \ Earnings on the 420,728
of common stock outstanding, in 1944 were $2.03 per_ share
/ _
No provision
has been made, from income; for 1945
earnings

the

Commonwealth Edison Co.—-Weekly Output—

Central RR. of New Jersey. —Earnings—

annexed consolidated statement of
profit and loss, amounted to $1,192,743 as compared with $1,089,717
in 1944.
After dividends on the preferred stock amounting to $226,324,
charges,

other

weekly

f-

.

BALANCE SHEET AT APRIL 30, 1946

ASSETS—Investments,(market value, $65,024,275), $46,158,121; cash
held by Guaranty Trust Co.vof New York, trustee, $2,950,739; receiv-;;
able on subscriptions to canital stock, $21,127; dividends receivable
and interest accrued, $104,323; total, $49,234,311.
l',C

v.

"

"

V

Volume 164 /Number 4505

|£

'

THE COMMERCIAL & FINANCIAL CHRONICLE1

LIABILITIES—Payable for securities purchased., $11,554; payable for
ewu capital
stock purchased, $76,825; accounts payable and accrued

Elgin Joliet & Eastern Ry.—Earnings— Vv'

$13,002; provision for State and miscellaneous taxes, $37,-»
^.478; capital stock (par 25 cents), $9,053,356; capital surplus, $35,324,191; earned surplus, $4,717,905; total, $49,234,311.—V. 162, p. 2816.
expenses,

Duluth Missabe & Iron Range Ry.•fc May—
"Gross from
Met

from

Met ry.

.>'■

1946''

railway

$2,860,622
in 1,351,920
1,116,155

railway
income

oper.

From January 1—

Gross

Met ry.

-

1943

:

from

$5,741,863
3,812,458

3,608,947

$5,047,086
3,404,400

2,926,922

Net

6,932,522

from

"Net from
Net ry.

ry.

See

904,312

342,297

1,084,408

from

Net ry.,

railway

111,304

j

'r'v

f

'

'

.(

'

•

'

i

'

'

1

Net ry.

1,606,838

117,466

319,015

432,208

224,227 J,

317,354

299,646

Duress Plastics & Chemicals*
June 19

on

■

3,702,090

♦455,686

1,860,463

the

1943:

Ended

first

six

•Gross income

Operating

a

61,934,965
16,009,777

7,133,845

31—

'

,

In

June

weeK

oi

of

the

this
as

as

same

—————

expenses.......!

Net profit
Dividends paid.

80,463
48,788

...

„

47,807

.

»

;..

For

•

the

week

a

$427,573
76,742
49,157

year

to

Surplus

June 20, 1946 the System inputs of client
which are subsidiaries of
Light Co., Electric Power & Light Corp. and
National Power & Light Co., as compared with the corresponding week
during 1945 were as follows (in thousands of kilowatt-hours);

American

Power

'

Mr.

that

$329,568

*.

American

Power

&

Light

1946

278,400

'

Co

172,763

166,042
82,036

105,393

4.0
»15.6

6,721

69,211

95,254

Electric Power & Light Corp,Power & Light Co

National

♦12,825
*10,139

the

week

endedyJune

27,* 1946

dividends

American

.

■

Power

1946

&

Light Co.——.
Light Corp

Electric Power &

National Power &

1945

LIABILITIES—
Capital stock

-

171,753

%'

Amount

803

0.5

69,308

76,578

94,730

Light Co.—-—

172,561

103,665

7,270
8,875

Surplus

•

9.5
8.6

Undivided

'1

Reserve

i

c.

for

real

for

bonds

and

reserve

for

stocks

and

1,410,926

always
alphabetical
nof

:

orderi

However$ they are always as near

position

alphabetical

Total

possibla.

as

—

93,973
2,349,648

T.

Albert

holders,
?.

Potter, President,

stated

in

the

in

substance:

?

81st

Total

sales for 1945 were only slightly below the top
was
a
remarkable accomplishment since virtually
contracts, sufficient to keep facilities at capacity
12 months, were canceled shortly after
y-jJ Day.
This

corporation

has

embarked

acquired

in Lincoln,

on

expansion

an

contem¬
months,

production facilities to meet the indicated market demand.
will continue its reserve fund of $450,000 for con¬
tingencies arising from war conditions until all contract terminations

have

corporation

been

settled, and full effects of reconversion have been estab¬
Renegotiation for. 1944: has been: completed and approved

lished^
without
.We

further; refund.

feel

there

Is no

>

revision of 1945 profits.

any

Slue to renegotiation.

Calendar Years—
1945
1944
Net income ——' $2,600,562' $2,983,456
Provision
for
Federal
taxes .on income—
*1,550,000
•2,010,000

1943

1942

$3,265,176

$3,048,627

2,125,000

1,925,000

$1,140,176

$1,123,627

.

.

Met profit

~

Net

ry.

$1,050,562

-

Dlvs. declared & paid—

$973,456

800,000

800,000

$340,176

$323,627

tReserves appropriated.

86,247

surplus

Earned

surplus,

Jan.

1

surplus Dec. 31
Earnings per share—
•Includes

Federal

profits

ASSETS—

The

$2.85.

$2.81

(less

reserve)

Accts.

&

(less

SHEET, DEC. 31

^

notes

'

7,377,737

•

Est.
-

postwar tax refund
assets

Capital
»

&

assets

preciation

1942

$1,585,698

.

'

<■>'■.

.

$2,470,781

In

—

\

(less

>

5,019,833

3,569,418

2,822,991

2,861,524

2,346,080

7,951,299

8,821,188
284,000

9,216,115

I 437,500

77,020
3,975,102

Total

145,000

79,700

435,062

INABILITIES—
Accts.
•

pay.

liabilities

&

.

accrued

3,694,001

Federal, State and local
taxes
General

Res.

for

accrued

r

.

-

3,989,583

connection

each

^

$2,661,770

-

3,246,412

1,500,000

$3,089,805

,

.

The

(par $15)
surplus
Earned surplus

Capital stock
Capital

450,000 *

6,000,000
4,000,000
5,868,972

450,000
6,000,000
4,000,000
5,618,410

V

2,790,164
1,500,000

2,490,738

of

the

-v

6,000,000

The
Steel

5,104,779

—V.

163, p. 3283.

oper.

:

"to

27,421

7,443

611

.

4,647

.

312

24,408

679

6,212.

;

13,783

89,738

263,290

}

1945

1944

1943

$936,823

$941,635

352,257

393,457

199,497

310,634

352,363

4,044,357
1,025,252
852,928

4,343,982
1,544,888

4,525,671

1,354,968

1,790,896

& Florida

2,042,357

Ry.—Earnings1945

1944

$541,665
196,777

$607,062
i 250,572

income—,*11,348

63,142

1—
;
railway——

railway

;•/

2,417,511

.

>

154,932

.

•..

u

,

$661,287
338,728

63,198

3,110,932

1,139,071 <>*-1,130,101
.
341,656 : ?> 293,775

•

-

108,171

,

.

1,558,399
437,555

' '
v

'i-A

i1,.1

t

•rl.879,338

2,858,630

489,585

,

■t

5; 1943

It^v-o

'•

1 %•>/,

M

,

Great Northern Ry.—Earnings—

;

May—
Gross

•

■

1946
1945
1944
1943 ;.>..■■.•••
$12,288,897 $18,876,327 $17,678,550 $15,526,207
2,353,113
6,917,859
6,126,570
6,832,585
1,215,449
2,440,145
2,161,239
2,635,693

■

>

from

Net

Net

ry.

railway
railway..—

from

Gross

oper.

Income..

the

formally

the

steel

Parkersburg

will

The

produce

Co.,

Follansbee

announced
production

Steel

motor

who

Co.

railway.
Net from railway——

and

that .it

has

equipment

will have

plant has an annual potential capacity of 36,000 tons
electrical Sheets.—V. 162,
p. 2941; p. 163, p. 3134.

railway

January 1—
Gross from railway
Net from railway—
ry.

oper.

$1,404,376

27,966
*68,362

415,383

;

of

hot

.

163,

p.

The

proposed

In

of

Corp.

Total

income

....

280,119
$2,457,159

209,143

/

.

been
^

.•

Loss

(net)

Federal

19,057

income

:

Net

disposition of

and business
Net

,

surplus,

•

J*.

of

on

common

Earned surplus at

300,000

200,000
$1,174,847

985,552

Drl25,571

$1,062,898

$5,639,862

$4,334,999

351,527

shares.

end

<

504,666

■

410,139

390,924

475,346

506,108

464,512

of

■

241,953

Cash
S.

—v

Treasury certificates

in

and

notes

and

advs.

and

tax notes.-—

receivable

—

Postwar

associated

■

Corp.

"it

is

and

Fed.

Joint statement on June 21, Benjamin Abrams, Emerson Presi¬
dent, and A. Blumenkrantz, head of General Instrument, said:
v

3,673,425

profits

taxes....;..

6,67.9,069
>

240,259

1,103,821
.'fi't.

27,895

56,000

6,902,814

—

a

,

—

Total

:

559,114

•

1

637,885

$24,933,305 $25,327,865

'

The Commercial and Financial Chronicle (Reg. U. S.
Patent Office) William B. Dana
Company, Publishers, 25 Park Place, New York 8, N. Y., REcstor 2-9570. Herbert D. Seibert, Editor and
jWUliam Dana Seibert, President; William D. Riggs, Business
Publisher;
'offices: 135 8. La Salle St., Chicago 3, HI. (Telephone: State Manager.. Published twice a week [every Thursday (general news and advertising issue) with a statistical issue on Monday], Other
0613); 1 Drapers' Gardens, London, E. C., England, c/o Edwards & Smith. Copyright 1946 by William B. Dana
as second-class matter February 25, 1942, at the
Company. Reentered
post office at New York, N. Y., under the Act of March
3, 1879.
Subscriptions in United States and Possessions, $26.00 per year-; in Dominion of
Canada, $27.50 per year; South and Central America,
Spain, Mexioo and Cuba, $29.50 per year; Great Britain, Continental Europe (except Spain), Asia, Australia and
Africa, $31.00 per yea*
MOTE: On account of the fluctuations in the rates of
exchange, remittances for foreign subscriptions and advertisements must be made In New York funds.




-

25,405

in

Deferred charges

-

excess

240,233
112,113
36,181

1944

$4,955,317
1,051,379

Shanghai, Hongkong and Manila—,,J'1
fLand, buildings, machinery and equip., etc...
6,372,101
Intangible assets
;
1

tAssets

inad¬

of

1,283,821
3,668,732

|

,

"t'""'

$4,568,539

companies—

—

refund

1945

,

1

.fe(7,567,066

—

to

•

retirement.'-

.

„

DEC. 31

^ ASSETS—:a

Invest,

because

■

CONSOLIDATED BALANCE
SHEET,

•Accounts

Phonograph

.3,272,101

:

$6,051,813

...

Inventories

&

200,000

$1,188,469

year$5,194,178
$4,754,476
$3,479,563
per common share
t$2.19 :
;
t$2.55
$2.75
deducting in respect of 1944, $16,000 postwar refund and
in
$2,000 postwar refund and $63,000, credit
for

1,337,397

.;\;-s >•:-v.

V

$2,160,399
3,479,563

-"T,
'

Earnings

2,647,489

■

585,000

$1,297,337
4,754,476

year.

V

—

Dividends.on preferred shares.
Dividends

144,000

100,000

720,000

261,518

beginning

f

51,284

,

828,000

assets

;

Total surplus"

78~264

..

$1,035,818

•

———

profit

Earned

60,667

26,793

—*1—

profit
on

$2,832,213

6,038

50,876
900,000

...

taxes—

Provision for contingencies....——
■

.

"

—

•Federal excess profits taxes

5,538,191

abandoned

$2,622,038
210,174

$2,484,815
53,667

10,194

sale & demolition of plant

on

assets

6,147,048

Radio

'•./;

,

29,172,887

41,214

investments
Due from officers and
employees

Emerson

^1943-t

va

$2,105,415
379,401

$2,177,040

...

Other deductions

Other

has

1944

34,042,380

Interest on debentures—..——.—.
Premium, etc., on redempt; Of debs.'
Minority interest in subsidiary com¬
panies' earnings — .————

$1,117,551
.;.

Corp.—Merger Abandoned—

/•■•.'.r--a

CALENDAR YEARS ;

1945

tOn average number of shares
outstanding., *

2993.-

merger

Instrument

9,717,725

,

1943

1,739,058

,'

i

—

2,308,641
841,226 :* 1,141,025

6,432,035
u.

*41,959

General Instrument

General

7

4,481,299

14

Operating' profit
Inc.- from invest., royal., int., etc.—

U.

5 350,126

68,597,967
22,989,095

9,246,258

debt

1944-

$1,215,277
425,926

201,248

79,169,374
25,425,633
:

•After

,,

income.

♦Deficit.—V.

iNCpME ACCOUNT FOR
.

of

From

v

CONSOLIDATED

*

Ry.—Earnings-

$860,154

from railway—w

8,149,600

Sales, less returns, allowances, etc.. $44,099,939
$36,147,795 $31,794,925
Cost of goods sold,
selling, admin..;/.-:;.;. .•••?••
i:-i .ii-KA'-i,-':
and general expenses
41,922,899

1943

-

21,598,716

Interehemical Corp.—Annual Report—^
.

mill

plant at Parkersburg, W. Va.
dynamo electrical sheets, largely

1945

77,745,135

7,452,059

1,289,451

—V. 163, p. 2993.

■;/

the

Parkersburg Steel Co. formerly was the Parkersburg Iron &
which recently was purchased and reorganized
by Louis
of
Steubenville, Ohio.

from

60,286,038

income..

concluded

and

operate the fabricating section
limited production for the trade.

1946

Net

oper.

■Net profit

will

Fort Worth & Denver City

Net

from

Co.,

relied

4,000,000

5,444,954

$21,535,500 $23,803,762 $22,696,888
$22,385,322

8,218

.11,131
2,250

24,807

v„' ',

Berkman and Associates

200,000

4,000,000

9,598

.

.

Parkersburg, W. Va., Plant—

also

lease

Parkersburg

the plant.

visable."
Total

to

Follansbee
for

1,500,000

300,000

6,000,000

of

corporation

section

conting. due to :

war

stock.

share

Net ry. oper. income.—

;,n

$2,988,940

'

1,986,219
1,500,000

—

reserves

with the merger the
preferred stock of Follansbee
exchanged for $80 face value of 4% % 20-year cumulative
debentures (subordinated) and two shares of Fol¬

4,209,847

'

'
„

$1,730,309

—

„»

Leases Section of

428,081

$21,535,500 $23,803,762 $22,696,888 $22,385,322

—:

special meeting on June 26 authorized the
corporation of its subsidiary, Sheet Metal
Specialty
become the Sheet Metal
Specialty Division of Fol*

will be

Gross
,

a

.

de-

reserve)—

this
will

at

.

deferred

——

,

,

The new common stock will be $10
par value
present common will be exchanged for one share
of new common. -The debentures
may be converted into common stock
within three years.
Conversion price the first year will be
$20 per
share, the second year $22.50 and the third year $25.
v

receiv.

reserve)—2,674,664
(less res.)—.
5,194,956

charges

with

Co.,
which
lansbee.

negotiations

1943

*

6,152,667

Inventories
Other

*

"

79,620
;V":' 78,435
v
28,349
22,913

20,745

$395,884

its

stockholders

common

$2,665,604

•

a

increase

an

Follansbee Steel Corp.—Merges
Subsidiary—Exchange
Offer to Be Made Preferred Stockholders— ;

lansbee

'

-

8,339,814

4,764,228

•

4,694,904

1944

$2,236,021

;

securities

:

since

5,104,778

1945

—

Marketable

7,641,344

3,426,170

convertible

(after refund
of
credit
of
and $1,000,000 in 1945.
tNo

CONDENSED, BALANCE

6,539,381

2,717,649

increase in the
share quarterly rate, A. W.
Higgins,
will become effective with " the
Sep¬

>

.

;

Cash

stock

income

tax

*

:3'

1,665

163, p. 2993.

1,071,736

a share
quarterly
reclassification, incident to the recapitalization
plan completed In September.
>
.
^
At. a meeting held June 20,
the directors decided that present
earnings of. the company justify the
contemplated increase in the
dividend rate.—See also V. 163, p. 3134.

the

$409,874

$5,104,778

.Jan. 1 to

30,661

4.550

.

.,

ry.^ oper^lncome—*

payment.
Dividends have been paid at the rate of? 20 cents

$340,176

$5,444,954

Month of

>

2993.

from

15,290,202

a.'

August meeting Will order

25-cent

a

The

5,444,954

$160,000) of $1,460,000 in year 1944
longer required and now restored,

V

to

$173,456

$5,868,972 $5,618,410
$2.63.
$2.43

excess

dividend

common

President,; stated.

and

Earn,

9,113

227,705

railway

From Jan,
Gross from

Net ry.

The directors at their

Steel

$250,562
5,618,410

;

truck

From Jan. 1—

;

Net addition to earned
v1

income—

539,098

15,741,041

Florida Rower Corp.—To Increase
Quarterly Dividend
Rate—

800,000

$137,456

$250,562

1,890,811

402,637

Week End.

1946

from

$3,297,017

1,277,661

—V. 164, p. 7.

merger

Balance

$2,961,806

14,985,285

■

•

.

and

3,127,900
143,606
*6,829

income—

1943

953,466

155,689

repre¬

.

car

Is

ma¬

$809,715

from railway—*

Net ry.

>

800,000

■

oper.

oper.

Net
1944

►

12,982,790
4,146,491
2,363,230

f

.

for

car

basis,

cannot

we

1946

Net

$2,539,108

:

full

weekly

$589,310
21,167
•1,290

.

♦Deficit.—V. 163, p.

Net

~;4-t

292,071

railway
railway.

last

our

,

figures

25,703

from railway.

Gross

10,200

$2,035,677

from

from

on

CONDENSED STATEMENT OF EARNINGS AND EARNED SURPLUS

;

railway.—«

railway.

tember

,

to expect

reason

Gross
Net

!

v

program,

sufficient

'The

from

1945

were-

comparable

p. 8.

Georgia Southern

-Earnings^

1946

from

Net ry. oper. income
From Jan. 1—

of 1944.
all of Elgin's
operation for

over
a
period of 18
spent in 1945.
A new plant
for watchmaking, to rovide Elgin with

Neb.,

Net

year

plating an expenditure of $2,000,000
approximately a quarter of which was
was

to stock¬

annual report

*

war

The

May—
Gross

ended

week)

bottlenecks,

ended."

1,692

May—

46,566

f. •.

Florida East Coast Ry.;

Elgin National Watch Co.—Annual Report—
■

46,810
22,249

$14,110,925 $12,763,869

161, p, 461.;

current

637

Canada

Net ry.

301,600
3,344
82,667
980,099

3,902

—

-V.

are

80

from railway*—
Net from railway——,
-

'

*

fixtures

Deposits;
Unpaid dividends
;
Sundries v:—;;

Com¬

week

the

611

Gross

480,535

301,600,

=
'

and

taxes

in

61,858

1941.

Front Jan. 1—

45,360

:

States

previous

2,821

—

164,

Gross

1,593,498

45,630

bonds

reserve for furniture

our

644

,

Net from railway.—.
Net ry. oper. income.,—

6,900,000

mortgages

estate

two

units

compared

Georgia RR.—Earnings—

$2,320,000

;

for

reserve

as

the

"Furthermore

3,056
2,487

__I

May—

27,985

6,900,000
616,187

reserve

The

83,761

of

for

produced

t-r.y.

50,979

$2,320,000

■

NOTE—For mechanical reasons it possible to arrange companies in exact

11,148

June

the

3,640

;

of

—V.

.

profits

Depreciation,
Depreciation,
Depreciation,
Depreciation,

The above figures do not include the system Inputs of any •companies
not appearing in both periods.—V. 163, p. 3416.
.

V.

i.

compared

1941.

United

in

that

1,837

Total U. S. and Canada.

$14,110,925 $12,763,869

_

States

of

7,058,376

11,148
56,286
36,127

" •./'

•

>

....

susbsidiaries of—

8,085,063
*.

—

—

—L—i.

Total

■

.

—.—

,

—

the-

production

Coaches

GM

1944

125,000

mortgages..

Sundries

said,

5,553
h 2,584 ."fl ;v

GMC Truck & Coach—

$637,639
114,879
4,735,661
127,200

loans—_—J*—123,501
...

the

—.Decrease

I * Operating

1945

United

period

i

I

Cadillac

real

;

$1,503,289

the

cars

1

—

Trucks

deposited in banks

comparable

•.

.

$29,074
from

sales

estate4,170,510
and

Bonds

System inputs of client
operating companies of Ebasco Services Inc., as compared with the
corresponding week during 1945 were as follows (in thousands of
kilowatt-hours):
.

rents,

an

produce

manufacturing divi¬

months

in

9,062

Oldsmoblle
Buick

$51,168

dividends;

Stocks and bonds.—;—
Furniture and fixtures..—_
Accrued interest and

9.6

•Decrease.
For

$99,032

interest,

on

to

June 29,'46 June 22,'46

,

Pontiac

BALANCE SHEET, DEC. 31

in office and

,■

until

of

<

•

Truck

185,600

ASSETS—
Cash

Time and demand
Real

%.

Amount

1945

from

V

Increase

Operating subsidiaries of—

income

*

-

Wilson

tabulation

a
■>

.

,

$214,674

324,800

estate; etc.

47,248

situation

\
Chevrolet—Passenger
-

$423,832

-——_—.

.•Includes

of Ebasco Services Inc.,

&

the

Week End.

—

the

car

produced

principally by supplier strikes,

Following is

87,000

.

of

GM

picture; whether compared with
on
a
semi-annual, monthly or

one,"

improve

divisions:

,

84,667

-

that

produced

;

production

pleasant

sented

f.

■

94,473

Inc.—Weekly Input—

ended

"operating companies

with

the five

203,544

•

stock
;

shortages

machines

period in 1941„

GM

year

against

compared

1941.

terially
1943 i

and

divisions produced
of' 1946" in- the
United' States

"

®

1946

weekly production the report showed
29, 1946 17,767 cars (347 less than

produced

not

$543,486

'

material

manufacturing

months

cars

passenger

63,744,798
25,322,824
8,910,434

1944

79,803

;

1945

$645,915

.

,

and

on

passenger cars in
in
the
first six

produced
Motors truck

"The

depreciation-*
Reserves
for
estd.
capital
and income, taxes

p. 2723.

of

months of 1946

tha- first; six

June

21,744,346

6,840,705

*408,400

the

163,

"

5,711,509.
2,102,407

66,856,014

proposed merger of
been
abandoned."—V.

manpower

paring

Reserves for
;

months

to 226,758 units for

;

Dec.

strikes
with

illustrated

was

1,206,479

in

4,319,617
1,428,207

the

has

Corp.—Weekly Output Again Rises—

165,746

1944

.

with

it

V

1941.

manufacturing

proposal to split the present
jetock on a three-for-one basis and to reduce the par value of the
Shares from $5 to $1.66%,- They also voted to increase the number
of authorized shares from 1,500,000 to 3,000,000.
It was expected the
split in stock would be effective June 21.—163,

«.Ebasco Services

1945

352,250

;

a

General

»'

respective boards of directors decided

July 3 by C. E. Wilson, Presi¬
report comparing production of GM
automobiles and trucks

In the first six
sions produced

Finance Co. of Pennsylvania—Annual
Report-

lnc*-*-Split-Up Voted—

approved

in

$8,988,625 $12,716,187 $13,339,177 $13,627,140

•

high volumes

dent, in

1

,

1946

income...

oper.

Years

The stockholders

at new

596,505

below.—V. 163, p. 3133.

;

our

proceed
;

General Motors

♦Deficit.—V. 163, p. 2992.-

422,373

*36,735

:

to

accordingly

The
crippling effects of
industry otherwise prepared

13,805,900

for

railway—' 48,319,153
Net from railway
,5,157,492.

•Deficit.—V. 163, p. 3133.

!

1,213,876

income.

oper.

From Jan. 1—
Gross from

•<

1,768,378

railway.
railway

from

■

1,730,847

:

;

from

ry.

■

income—.

oper.

•130,835

25,057
•

1,641,650

/

2,171,546

14,164,428

to

:

,

Net

$361,045

44,291

32,200

'-V:.'-

.

railway

*613,189

RR.—Earnings—

Net

V

1943.

$316,649

55,482

•

3,438,224 :K 3,750,143

income

oper.

Eric

•

3,292

4,804,618

General Instrument
Ccrp.

Gross

-1944

/

$389,053

23,344

721,082

-

and

.'

15,560,089

"

1945

$320,938

income

oper.

from

Net

1946

-

Railway.

From Jan. 1—

Gross

y%;

railway..__

95,556

9,097,346

-

inadvisable

was

.

Emerson Radio & Phonograph
Corp.- —Merger Off-

;

Bultith South Shore & Atlantic Ry.- -Earnings—

May—*:'if■St--.'
Gross

387,270 '?!:

companies,

p. 3134.

763,012

••;

it

two

$2,767,265

♦Deficit.—V. 163, p.' 2992.

3,032,527

9,523,477
2,323,943

2,925,102
1,420,227

741,979
259,469

further consideration,

that

1943

$2,946,454

805,463

•262,494

"On

1944

$2,954,104

32,083

—

May—

S

; >

«•

railway-.
Net from railway

~

2,506,708

*1,806,152;

$1,572,654

income—

oper.

1945

From Jan. 1—

3132.

p.

ry.

Gross

'

10,405,989

1 ""
4,606,122
:> 1,325,844

incomes.

oper.

I *Deflcit.—V. 163,

,,

;

Net

1946

•

from

railway
Net from railway

>\

from

railway
from railway

Net

1944

$5,592,411
v

Gross

-Earnings—

1945

May—

.

the; commercial; & financial chronicle'

J48

Louisiana & Arkansas Ry»^Earaidgs^.\ :

liabilities—

•

Accrued

!

taxes

$1,132,733

$1,222,209
v
$6,975

payable (trade),—•
—
—
deposits _—
Accrued payrolls and commissions-—,-,—-■—

Account a

Customers'

*v

515,'671

'255,71?

—ao».

—

354,900

-

'S 484,574

current liabilities—870;b9b
fund requir. in respect of 3 Vu% sinking
fund debentures —!—--- 77v —

Other
*

fund debentures—------------Reserve for retirement of preferred shaies__—
Minority interest in subsidiaries
—-—;-

200,000

sinking

3%%

reserves

Contingency

shares

Common

50,000

—

—V.

and

;

May—

-

i

••

from

Ret ry.

January-1t-:

From

-

Cross

3,'591,942'

railwayrailway—

7, 684,997

income—!

V 242,956

from

Ret irom
Ret

>:

-

oper'.

ry.

>

1943

,1944
$893,745

$752,559

362,315

7 312,262

106,928

112,774;

2,093,019
583,234

,

•'

:

i

2,955,596

—

1944v

excess-profits.
.
--•••
income-taxes—756,267
taxes—
36,519
Postwar refund of excess prof, tax
_
Prov. for postwar adjustments-

866,093
64,276

Crl7,242

0*24;21T

-

"May—

Net

balance sheet,

assets—1

ry,

$1.64>

bonds——»-

$1,624,262
1,758,850

acceptances

and

Inventory
one

year

49,142

46,4-77

.

'45,389

/'60,025

u

1944

V

•<:

■

$118,775
>

development,
—i—
—-

706,838'
239,570
115,825*

r - -

70l;403*
"234^288'
102,303',

'

Reserve

yjt

•

rallwayi^
railway——^

income

—

& Arkansas

Net

•

from

*

railway—_L—.
income
;

36,938
~

,

•76,514

fSft^:"deducting

,and $1,531,931 in 1945, and

I

;/LIABILITIES—•

1943

>■:

$169,478

payable; and
on

•Provision

State and other

Federal,

V

198,830-43,718-

3,287

$18,210:

$31,947

,

95,346

taxes—/

_";V-i 39,000

566,914

*

618,346
'

from

ry:

Net

railway—!w-!
Net--lyl/operi,: raiiwayY!-;

*79,169

2,461,045^

deducting cost: of U_-S. vTreasury tax anticipation: notes^
1915 and $214,000 in 1944i
$At ff stockholders' meeting1945, it was voted to create, by a "reduction in the statedvalue-of capital stock, -$8,800,000 of capital surplus which, together
with $33,549 from earned surplus, was applied to the* writedown* to' a
nominal value of $1 of the intangibles acquired at the organization of
the company not previously subject to amortisation.'jFully. amortized
patents and development aggregating $2,394,438 were written off to
the reserves provided therefor'in' prior years ah'd" the" remainder' still
.subject to amortization has-been segregated as shown above/vA.corre¬
sponding segregation -was given effect to :in 1944' accounts.—V. 162^
p. 1284. '■'
;;
• •
t
' 1
1
:
v
^
in

held Nov. 29,

,

^

102,743

46,242"""

940.385

; From January l-!1
Gr5ss frbm' railwayNet from railway.:

•199,140-

Net

55,741-

International^§reat^^r^hemJRF^^
'

"

Ret

of

Ret

ry.

rail^ay/-,/;^v 10,317,987. 12,357;731

13,253,754 kwh.
Gas

93,108

output for

increase

an

19,534-

of

♦Deficit.—V.

163,

' '639,537

" 442;i00, /

.186,054

•

588,567

61,431

.

From

Gross

Net
*

•:»

1945*

'

* -

1

168,554 ,:

Met

from

Met

ry.

,

From Jan. 1—

from

30,428,620

-

9,732,570

12,327,907

The

7,860,873.

Net

/ronn railway.--,^^^.
ry-.' oper.

t-v.

/J 3,240,495. .i 3,280,46L».2,512,025: ;

195,178

57,43889,005--—

~

-

>2,727,041,;

v

68,214,752/94,751,547

railway^

from

ry.' oper.

income.:.i
163, p. 3420;

-:x

•

Net

from

Met

ry.

—V.

163,

625,373'950,144
271,470
408,367

railway./-^—*
income^—f.;

oper.

'

2994.

p.

42,547,297

13,744,350

13,806,604

ii.

May—

from * railway.! :•?*>'

1946

from

let

ry.

1945

1 $87,660-

R'

railway

from

fet

.

oper'.* incomer.—

fet. from

fet ryl

milway.—

$333,884

$355,438

$338,162

183,948

/ 208,337

♦64,866-

109,960*

202^390
188,873

;

820,216 y'R' .722,524

railway——— ! ' *352,167

182,228

227,234

♦437,642

89,818

oper.

income

♦Deficit.—V.

163,

2994.

p.

;

1940

-

$250,954,
/

77,4931

;

-

74,614*

>

from

>

t

'

" "

127,195

31,295'

V;'

-

f'

is

not-always*?

163,' p;

■

•'

(incl.

sales

IN COME

/

,

.

.

.

,

less-irtc.

;

oper.

ono

1Q44

"

*

*-•,

'a aunci

457,240*';

•Prov.
.

May—l

Ret

from

Ret

ry.

i

;

Gross'from

railway

railway;

operi

Income—

:

1946

•.

-

/

.

••

:•

1945 •.--// 1944 "•

$3,444,908
$3,716,241
./
542,905". .: 917,883
...

*180,643

•

155,749

•;

19437.* 1

$3,839,312
952,572

_

-

$3,607,367

•' 247,361

457,092

i;i74,089i

From Jan. 1—>-■

Gross
Ret

from

from

Ret ry.

railway

railway

oper.

income-—

♦Deficit.—V. 163, pp.

,r.-

17,163,343-

17,389,962-

17,144,550

15,857,600

-2.544,092* - *3,568,911-- - 2,958,161

3,110.080

*989,423
2441

arid 3138.''*~

44,875

57,709

338,162

Min.

fixed
int.

and

260,658 7

„

'--i;"

assets

'

,558,478::

452,518

reduce

;

cos

real

!:_.27,36flY/

income—

> Y .1944
$269,410

1943f
$247,873>

C'

.

$267,626.

.$162,043
,!

-

19457/

'

-1946

<*

—

147,934
>

31,561

103,494

lating to sale-,
Provision

-27,467'!>
:

181,916 ;;;113,070 *:1 100,840
>

.:

■>,

1,179,237

884,422
-

232,611

1,113,323"

1,183,077

••

529,544

518,338

460,320

>>747828

.'664,019

556,795

.

Y -:.

.1944

1945

$1,165,028

$1,267,562

419,785

384,974

384,382

90,086

223,375

{. 65;862

r

44,768"

depr. Js amort.;

64,579 >

.

119;434 ;

.

$1,249,735
-.**415)251
;135,67®.

44,498

>

896

taxes

rll-7,971;

—w_ r:

;

117,676Y 111/800;■

>■

61,018

114,042,

$220,339

$217,152)

profits

108,106
59,186"

tax_

incomfe

oper.

$236,645

!

income

<

$238,794-

Deducts, from gross inc.
Net

income

54,325

101,03®

.1,407

$222,076
!■49,446

"47,029'

48,190r"

■;

>•!. 4,924

$221,746'

$230,478

$184,469,.: $182,289* >> $174,718

—,

Earns, pe'i- com.> share!.^

"

>

850

v*-

...

.1,350,000

;

l

.>., 250,000

.

,

'

on

subsequent additions at cost.

.:

as
.

Jan.

at
;

in

,:

on

1945

.

.....

*

—L—_!

banks and

7

$3,184,845
-10,312

-

)

i—

:

''

>••!

:

■>

$3,159,792
.35,136

.- ">>106,964

service' accounts—

t

1944

n

>
213,007
! *>*325,000

i!

$1.86.
31*

dec

s^rie^ C

hand^.—

Treasury- savings riotes;

192,71?
'

225,000
>

96,06ar

■

Miscellaneous

411,491

Interest

instalment

accounts

i.i*

accounts————

2,224

receivable

Inventories *■_.——___

,

"Prepayments and other deferred'charges—
Abandoned property in process of amortiZ;__
Discount on preferred stock

.

3,563

1,215

*

2;779

—-

Special deposits-

—^

basis of revised- values established

.

$172,630*

•

>.

$1.90

$2:03

^

.

Merchandise- sales

profit for the year:..._____" $2,296,883"" $1,850,463". $l,8l5,57"3
Divs. on 6% cumul. pfd. stock
22,690
47,880' /' 52,896
Common dividends
584;969
1503,853
371,196
Earnings per common share.!-,
$4.40
$3.57
$3.54
the

S.

Customers'

Net

•On

assets

Investments
U.

-

—

•

Cash

v

;

assets—

c

Fixed

-

* ■' t

$2:06 ^

comparative balance sheet,'- years ended

"

;4,625;000

:

30,864".
121,77®

/

118,302- >>

118,834

103,84L

/ Gross

j .247,025---/ 225,025

960

:

r

1942*

:

1943

,'$1,171,757

53,092!

61,220
'

V

946,583

for' contingencies

.

109,187

107,^19 ?'

„

2,700,000*5,2'68,000

-

estate

mtgs. on prop, sold by subsidiary,
now
dissolved, and -expenses re--

665,34S

:

$228,568"
Non-operating income—>>-2,149.L910

$7",070,979"
86,185

rr

233,467

income of subsid.

made .to

V

5,806,02$!
3,277,293*

Chiin^cting* RRf- Earnings-—*"1

raxlway^I__

excess

Net

.

Payt.

;'.}V

5,284,949/
2,233,079

5,468,656
2,553,679

> j-

60,913,106 .57,154,683

25,454-

amortization1"

Federal and-State- incdme taxes.:

101/903

*

!'

Lowisville Gas & Electric Coj; (Ky.)—Weekly Output




of

<

z

for deprec.

*

nrtm

668,093

-

revetfUe

Federal

Fed.

;

r $7,5531347" $7,644(856 ! $7,169,164

Interest;—

-

inil

•

93,947:; ::j98,887!

r

934,556

Federal normal- tax and )
v
surtax'
L—

..

$7,396,325* $7,"5"ll,272
157,022"',
133,584

.:.:

'Total 'income "_„2

..i-VV
•>■>-

-

•

State; local and misc.

- -

;

fr, -carrying chgs.» :'65,541,169

Balance
income

a or*

3; 434,857 :

'

Other

-;

1

"

406,308

13,667:

;

,

ooc

121,335

railway—-

Prov, for-

'

.

APpQWfT.FOR YEARS ENDED; J AN. i 31

and

ioi

Malritenance

.

.

sold

from

Operating

leased depts.),
1946
< 1945
1944.
aUoWrance&x-r«.::$72',937,494:$68,424;378 $64,2'3'4,662

merchandise

exps.,

a;

Operating expenses
Power
purchased
•-y-j*

•;

of

less returns -and:

>

Newport Electric Cbrp^AnnliarReport-

business.—V/153,-p; 1350;

.* dONS6LlDATEI)
Sales

V;

Years Ended Dec. 31—

J;—Obtains Loan—

Proceeds are to be used to* finance an enlarged

.

Earnings—

r-\\

2996.

p.

oper.

ry.

325(526

$3,000?000 3 J/4 % subordinated:
note, diie 1S61-, to Tho Mutual Life Insurance Co; of New

!<*'* '

j

—

From Jan. 1—"

2995;;' " >

---V-

." 1Q44

inoomeu^_ t • >>445,836
103, p. 314L c;- . :
•

This corporation has sold a
York:

-c/' »/'c*

-

■

"

Long Island RR.—Earnings-

{L. II*

week ended June 22,
1946,:'waa,
the corresponding week* last year.*

Net' ry.. oper;

' 484; 158

;

407,945
:'304,239

11,386

;; *67,68$

103,-

of

;r

1946

May—5

Net

1,175,53^

;i,223,8.98.
>

:;253,87r

Motor Finance Corp;, Newark, N,

Cost, of

590,571

production

$626,-089''^ 4 $1,005,770 $1,067,471 >$1:221,917-;
*

*

railway^.::.;

Gross^ frbm

~'M

;

i; 1X5,248

over

:

railway
oper." income:— I

Net

>>'ll7;53*6i

112,278}

78,584-

- •

> 326,808

♦Deficit.^V.

$279;68&

111,444

♦27,490
*7,881

'

-z

January 1—

from

$276,847*. <"

$79,972

*

1944.

National Department! Stores Corp.'—Annual Report— /

•

From

1945

the

t

■

-

-

; f
!
Gross from railway
Net- frnm: railway

■A-1943-*":

257,451-

'

'

1944-

56,096

0

rallwayi—,
-

iross

January 1—

volume of

May—
iross

•

1946'

'

railwayxw.x.w
Net/ry: open income...'

Ishpeming RR.—Earnings—

Lake Superior ^-

it

reasons

^'

for

t

N6w Yoirk

Montour RR.^-Eamings^r;
"•

figure

railway——*
railway.—*;—

Net* ry.
V. 163,

.32,165*

/

mechanical

possible*

as

from

Net

89,942,895

39,702,-816-

5,980,778 < 14,147,164

.

1430,366
1,670,439935,974':'"' 874,946
402,942
-4 397,916

1,844.205

above

From* Jan. 1—
Gross

95,007,225

39,408,283

13,222,269

railway..*.vw

^rbnv railway!--,818.121
from railway-i---_:>N. v 18;o96',
Net ry.-oper.-income.v:
90,011

"-1,583

7.72%

or

to arrange
companies in exact alphabetical■ y.
However, they are always as near alphabetical >

Nfttnryi oper.: income::!;

"

—V.

-

from

Net

3,125,207

.

'I

January 1—»

from

Net

$201,882.

'

89;483

ft.,

cu.

Gross* frbm

.7,751,9.75

7,502,365
2,580,524':

7,530,562

302,422

Net

!
1,524,602

;

abovo

week a year ago.
111,362,000 cu. ft.,

the. June 28 week-is reported'at

increase of 0.06%

an

164; p.

May-r--

.

Gross

1941

increase of 420,762 kwh., or 3.28%

an

New Ot-Icans &. Northeastern RR.

j

.

1,686,745*/

income

Net- from:

.

This is

comparable

62,399,635,

'

railway^-—-

:s

'*

,

4,919,194

Net

'

Sross

-OutpUt

ended

,

from-

1,910,552

125,759^'* :.2,127,778

-f

w

....

Electric Association

AsSocIattbh' reports number oU kllowatt houra avanable toi thai
June 29, 1946, as 61,940,533 compared with 60,642,062 for.
the week endfed'June 30,-3949) tin increase ot 2.14% * V ,
week

' >
1946
1945 "
„
1944
:
1943
railway.,.':.*$12,277,3-56 $19,377,644 $18,877,953 $18<1141486

May— :

Gross

I,444j629

1944
$358,048;-

incortiei—

-

The

•565,003

"Missouri JPacific RR.—Earnings—

Gross

/v.;
1945 /
$306,027- -$421,282--

railway-^'—/

railway.,

oper:

2,250,114*

England Fower Association—Weekly Output>—*

1 *41,892*

;

461,160 *

448,964

,

>

5,144,668;

1940-

from

Sross

2,699,304"

5,196.265

*

'

'

37,240,407'Y33,296;622

24,606,474-

railway

ry. oper. income...
.1,817.770
Deficit.—V. 163, p. 3140.

4,015,897

tOklklioma; & Gulf Ry^Earnings-— /

May-—

6,419,769-

2,132,931^

403,454

NOTE—For

order.

January lr-

from, railway....

From

Kansas

16,405,534*

5.073;987

211,649

>'>•> >; >

7,980,000

"position

*'; 1943"'
$7,186,015
$4,661,127*
19441

$7,935,978
; 2,720,*743" > 2,206,633

671,-651:*

•

railway-..--*—,

from

1,524,813

_

17,945,784

j^e ^grrespcindiog jveek^a: year/ago.^Y^ 164,

174,111

148t7o0

RR.—EarningS-

1946i

$4,720,575

railway:
*

from

Net

,12403,628

12,642,201

3137..

p.

*17,335,654

< 1,217,694 -U 1,273,683

possible

IJet ry. oper, income:..

3,571,581-

1,452,047/

railway
oper. income

12,047;050

production of 12,832,992 kwh. for the corresponding

'; $236,124

$209,802
36,318

17,947.

1,413,039

f

226,155

Rfay— :

v

from

*294,092

1,273,566"
379,933

Fdr 'tlie' webK" eridriif;Jiirie>;20ToxiCpufc

%
1943

1944

39,743

477,48^"'

-

Gross from

\

from

$3,383,2891

1,194,243

New England Gas &

.

Gross

*

1943

>194^

*

$3,839,700

oper; income—_
*470,691
^Deficit.—V.; 163, p
29961
'

:>

Missou ri -Kansas -Texas

Net

'

1943~
IS1-?* 1945'
1944 ' ^
J
•
1946
$2,443,650
$2,624,695
$2,481,025
railway/-—" $2,360,125
878,115.
from - railway—'—:— 1:
294,367" '•"816,553 - - 649,409
329,809
314,898- 249,582
ry. oper* income
.*38,906".
from

" Frorii Jan. Y—" ~

of $141,495:

approved by tha:

'

Gross

May—

Ret

1945 '

83,566,145'

ry.

382,000 cu.,
X305,255

.

railway...... ;
iflcorhe

from

From

Ret

as

1,031,520
215,815

Net from

•vv;

v:. • After

.

'

1946'

$2,124,356

88,715-

$308,642 "•
147.907

$273,123

income.:.

oper.

—V,l163,:p.-3140<

76,092

$4,811,464 $13,425,651-

Total

1

amortization

'

railway.—.

Net<"ry; oper.

Net

Gross

•'

from

/.;,♦ 6,778
t *17,8851

35,§85

"1945

railway^i.^

From January !—
irom railway

10,000,000

-2,730,762

surplus

$200,000

for

>>!.->»■

1946

;

May—
Gross

Net from-

64,347

;.

.

Earned-

reserve

railway!!.*.

148(612/

46,117
;
Reserve for contingencies—————x--—. /•/l >64,340
i
76,038
Reserve for postwar adjustments.—______
$1,200,000
Capital stock (600,000 shares,- no par)t.—

affiliated company-—

Accounts payable to

of- $547,574- in 1946
depreciation of $737,726 in

accounts
for

reserves

in 1945.
ttAt nominal values
directors.—V. 163, p. 3289.

May-

Deficit.—^V. 163; p. 9140.

Gross

contracts—

for

* 'After

and $117,272

of

Gross

Missouri Illinois RR.—Earnings—

$4,811,464 $13,425,651-'

..

>> >
4- >: ' f \ >
accrued-liabilitiesi.-.*.
«■
—,—•!

■> '

Accounts

Deposits

1946

.

Net

,-C.

doubtful

for

reserve

$524,004 in* 1945,'

1,002,7°0 ;
i 270,399-

♦125,556

.

8,249.460,

1*156,770

Ur4,790

total ^_.:.:: $26,481,28i $24,154,417

2,953,569

•

open

Companies——1—

*

'

Total •

and subsidiary

and

'

1944

1,047,85670,452

.762,979

;

513,680

,

2,76i>685«

—

1946

$230,945
82,152

♦82,695

*26,537

.

241,874

PY-'6,056

WW •-

2,814,848

par)—

3,798,359

....

railway

iiuai

Net ry.
'•

,/

From Jan. l—•

4-

Nashville; Chattanooga & St. Louis Ry.—-EamingST- :

1945

•32,913

(no

»

9,938,684

Ry*--Earniligs^'';
< $192,328

preferred stock ($10 par)—

5,046,055.

in

<

>

-

5,139,521

board

1946
.$135,883
: *2,995

*

—

-•

275,769
>' 6,220-

;

*After applyirig. $2)585,006 TI, S/Tjeasury savings not%s in 1946 ($4,1945) in reduction of tax liability. tRepnesented by 522,433^
1946 and 505,044 shares in 1945.
tRepresented' by shares ot*
stock held in treasury (556 shares common stock at-Jan.
31, 1946, ana'
556 common' shares'*and'13,548* preferred shares* in*
prior years), " V "

""

163, p. 2995.

from

Gro^y

9,575,9107

$663,135
253,072

Prepaid taxes- and.- expenses:*#:..:-.r

cumulative

.430,100*

1,000,060

3,350,000

—_

shares in

593,521

522,710

1,008,322*

:

—

contingencies.

39,901,

-

k

756,676i

1,048,258

•260,304

41,589 '>

and'

(bond

716,000 in

"^,w.{526> "''-iiMVfiii' *12,515,315!

z-z-zzz.

.45,000.

ac¬

'

>

1944,

,

from

May-rrr

*

instalment

on

capital, surprusv-^:--.w:-x-!u:>--:-xu-*.—
Earnedsuvplus'—i——■
fSHares of preferred arid common
sto^ held by

221;279

.

1,460,662!
1,106,7147
vt:
45,000 i

206,900

(current)*

trading-.stamps

charges

subsidiary compkny

fCommon stock

$2,637,347

$2,408,438
660,868
"
425,550

163,187,
-5,118

1,002,227

1,503,081

etc.-!——-:—:

for redemp. of trading stps^ (non-current)
interest. in- subsidiafy1 companies-::^

6%

' 373,642

1940

"

$2,116,818
.

railway
Net from railway—:
Net; ry/ ©per/4noome^__.

!

-194rr

.

of

for

Res.

Vf76d/4ii-";

carrying

$2/347,803

1,064,863

and State; income-taxes

Minority

,r..

.

wages*,

$2,623,096
>

transit-:

-

Fixed; assets!;

.

estd. Fed.

debt

29,358

17,242-

merchandise in

redempt;;of

22,210

34,502

.

;

M^sourt
_

"Y2/

k,

mortgage obligations due In 1957, iess-current *
annual Instalment of $3'5,000)—> >>*476,500

I

$143,583

23,766-

-

income—--—™—i

oper.

♦Deficit.—V.

108^11.
76,092

'

licenses,

right,

patent
goodwill, etc.

Patents,

•,;>•

1945

•

'
raflway:^.I_i.-.i—

Net' ry; •nper'-

?

2
>'■ i"

receivable

Funded

$163,511
48,573"

'

(Sross

48,192

of excess profits tax

refund

Postwar

;■,
'*

not due withm

receivable,

accounts

,

------

————-—-—

and

Rotes

354,301

■—l—>
receivable———

Accounts receivable
Rotes

-

-<

> 1944*
$615,752''
2,287,474
424,697-:

1945- ;

>

;

;

.

Treasury

taxes,

for

*Res;

Res*, .for

railway.—

Net' from

-720,000

dec. 31-

in '•■banks———

S.

;

•;

From Jan. l-i-:'

$982,540

——i--.i-.w--,—$1,023,266
$966,886
stock;.::., > '•■ 720,000720,000;
per\Sharfe-«-.i.-A-----i--~> ;
$1.70- $1.61

income

.

U.

Accrued .rentals,

3138;.r;.?<.-'*

p.

*

from

Gross

■

38,409,852

I/Minneapolis SLJP'aul ^ Sault Ste.'Marie RR,—Earns.

24,217

17,242

Dividends paid'on'capital

Cash

163,

January-1—

Gross(from

;

i;104,672>
>615,691:
1,780,586

,

86,063,075;

:

parent

1,196,229;

;

7o~3,138>

———-•.i.i $2'6,48l;281"024;154,4l7
#1
^
:"'

r.-^——

liabilities—

10,308,293 •>10,989,234.

10,593,814

630,632;.
Net from
*. ,126,403'
Net ry. open income
c
26,372*
Deficit .—V. 163; pr 2995.,
" *

$3,109,138

800,422
95,642

and

Other: corporate

Ret income

From

Net

$2,965,096 $3:i05;31&
ljl49,044 ^JL,242,367 "

——

sales-and expenses-^.-

713,453*

2,185,941

zZz^zzziJ-^SLU>!>-H-::Y'.

34,140,416

33,150,422

4,831,899

.

-railway
railway.

" $14,435"
"3,094,703

Provision for Federal

Net

income.—

oper.

Gross-- from

1943

$20,740
3,084,578""

$94ioo.

-————

total

Cost of

ry.

Total

*

:

>

284,587

etc.—

Accounts"payable
Accounts payable,

.V-;:"v- '<-<£"•<

May—f
V.' i
<,-.1946. ;■
Gross from railway—•
$103,458
SNetRfrDm railway!—l;7'S::*443^
Net, ry. pper: income
": .. *23,028•

y-

Goodwill

1943.-;';"'?'i

■■■

;

Midland Valley RR.—Earnings—.

1 International Cigar Machinery Co.- ^Annualv Report--" t

Royalties

1944

■

3,870,790
1,679,130
572,193

4,679,062

5,071,665
2,212,212
5-jf 606,982;

*;; 137,862

300,000

in .and- amounts receiv.- from whollyowned'real-Estate cos.) (not consolidated)—..."

•-■'i

■!.*».
:-

89,089,240" 88,339,686

66,443,212
railway—':'—.,- ;; 9,787,471
rauway—

*Eieficit:—V.

r

7,354,903

!

taXL/x!—j.).!'..'

prolits

taxes; rents, jsuppries,

prem.,
assets

counts

%

p. 3136.

—V. 163,

Net

J

flom

froni

Net

excess

ins.

"Fixed

Unearned

444,764

i.

>.. 35,604

krtrv&'i-**
&7.1945

of

4,724,915"

7,759,504
201,817

ttlnvest.

RR.—Earnings

.»**••»
1946

M

,

4,062,591
-

from

Gross

* / /7>'" V> "

.116,006;

109,109

■

income—-

oper,

/

;

,

$1,028,171

$639,927

railway.—
railway-—

Oross' from
Ret

1945

1946

'V^-

' •'•

m

;

'/

.

From January I—

<

.

-

"■r»;'.v, 'v./.V

v

■

RR.—Earnings—

Illinois Terminal

'>*:'>

1,422,500

—

refund

">1945
V
$8,239,147'
; 393,500*

1946

$8,700,875

^lisc. other receivables and trade investments— >•

railway
$10,541,834 $18,838,250 $18,308,657 $17(620,088
7,606,327
7,241,385
7,232,280
NetTro.m railway-,——
.♦279,826
V
Net 'ry. oper, incomei—,
*348,418. i 2,267,712 f ; 2,134,019
2,211,859,
Gross

of' $7,375,331 liv
320,662 shares in 1J45,

$6,799,941 in 1944: HRepresented by
313,606 shares ill 1944.—V. 162, p. 2943.
and

*'

'•••

-i

$312,083 ^

1945

Postwar

Prepd.

L-ouisville & Naslitille

• After reserve of $298,281 in 1945 and
reserve of $214,175 ' tAfter reserves
for depreciation
r

-i;ilV,134""

'.-750,585w

k-

■'J. 8,128,133
3,448,756'
< 999,535'
- 840,034s

2995.

p.

May—

'-—7.—$24,933,305 $25,327,865

; Total

163,

*

Cost..;?—'/-:/'

securities;" at

Equity in-cash surrender-value-of life ihsY pol;>
Deposit- with trustee

9,015*9278,240,201
3,998,527"*: 3,234,252

1,660,696-;

SHEET, JAN. 31-.

.>*>:>'
—i-.-.L.

;

Government

Inventories

,

♦

3,136,060
4.611.153T
4,754,476

4,300,520
5,194,178

surplUS:v-:^--rr---^r--r--^-rr--;T"?V*~

■

V

railway-.—:

Net.ryf open Income

143,947"

7,811,900

ann

7,808,400

stock (par ,$100)—.

————

50,000

I

from

Net

-

•

>

•

BALANCE

II-Aceouh-tS''- receivable

203,684*

.

.

S.

nr.

716,365

:r P

J 7
:?
5,347,285;.
.

$1,705,770

'

•1,050,000

surplus —_—---—*

Capital
Earned

>"!

—------r-~~

cumulative preferred

4Va%

January 1—.
Gross lroin Taiiw'fiyli

1,250,000"

■Y- ASSETS—* *
cash-- _•
!-i-;

7-'

1943

.

From

Skg.

'

/ "" *
* • 1946
,"7* 1945
' ." 1944 '
GrosB from railway^.-'—: $l;023,02l; $1,902,700- $1,691,716^
Net from railway-./^—329,1801
887,085v-"' 659,'253
Net .ry. operi ihcomex-/t •
248,503";! ;*154;275
130,701^
May—

92,404

'

Monday, July 8, 1948
CONSOLIDATED

2,266
*'

"

1,0136"

11,638

1,102

■% " 58,376

54,701

18,584*
»

24,999

282,515

315,752

102,680

102,680

'

31", 1936, and
.

Total

$4,322,488■* $4,212,438

1: t *.. "

.-

mxxmxxmxmMxsmmxmM
^Volume 164

Number 4505.

,-yif";'

v

■

«

149
LIABILITIES— .'.

-

'f:•;,•**? $•*''' '\

6%' cumulative* preferred
"stock
Common

-.■

funded

stock ($20
debt

for

($100 par)

$1,026,800
1,191,000
"

1,000,000

XX. -Accounts payable

/,

;,

.Customers'

'

31,282
*25,285

-deposits'

Payrolls payable"
K^iAccruedflaxea; -JjilL

4,509

-

expenses

(Contributions
Earned

in

aid

of

construction

surplus

171,764

—~» -— —

May—.

"

ry,. open

$659,226..

:

$645,291..

.

railwsty—:
railway
1
Ret ry- open income—-

3,076,544

*Deficit.—V.

163, p.

Electric output of this
totaled 46,072,000 kwh.

,

3,268,764

227,340

Co.

228,152:

605,274

*

»

,

compared

3,325,31b

y

Net

ry.

oper.

income—"

From,

January 1—Gross from
raUway
Net from railway
Net^ry^, ope*, income
"Deficit.—V-.

163,

.

an

with

returned

1946
kwh. for: the
164 P* 11.

increase of 1.8%.—V.

1944

:*-U943vVe

$524;713

$571,976
193,122

139,642

109,780

82,807

-.

.61,320!

H.

2,558,511-

2,425,458

477,359

417,981
172,280

223,059

-

CO.,;

587,267
341,461

&

Go.—Securities

R;

Offered—New:

Company
ci-

&

.

changeable.. Bonds Will -be redeemable

.,

Whole

part

on

at

on

least 30

A

any

from

the

,

-

;

-

.

r-'

CAPITALIZATION

Company
tmv

•"

tn»
:**>-

.

*

nrim

Kuhn, Loeb
Lehman
Drexel;
A. C.

Unlimited

Unlimited*.
■

.

$32,500,000*
4,000,000*

Unlimited

®i*fev Coiinty; Electric Co.-—

-

—,,

Schwabacher

750,00ft

Co

Common" st(»k' ($20
'

par)—.——.

w,,uutvuw-;^;i?

.?*•

H.

200,000
750,000

-200O0ft •—Fr B.

the

*

par)*.——!—2,000,000shs;

i"mSTORY^ finsiNESS^-COmmpany

"j;': iteniwin
;

'101,000 shs.

as.

"CO*.

Net
1

-F<j;*i,

it 'CO.—

Brothers-

was

of

*
1944

-

'

'

3,242,516

4,678,561

1943

; 1,409,274

1,927,067.

5,442,991

3,450,469
60,301,363

•

28,110,35®

18,518,06T

:

Go.—Weekly Output^

this

Co.—Earnings-—

;

"v"194S

1946

1944

1943

tj:i
railway—-'$29,604,580 $44,834,624 $44,107,988 $40,513,903
railway
r
1,625,186
15,376,455
15,329,352
17,394,099.

ry. oper.

-income—'

2,477,636

3,086,148

3.160,200.

4,218,635

if'.:?: &&:■*;.-ft ?■?";>.*; r.':'*." ?'•

«#•

.

.railway—.154,216,019

from

-

203,988,853: 203,098,480.183,269)0731
12,806,699>: 59,674,257
62,413,904
73,035,53©
8,154,836
15,2.42,471. 15,928,612 27,902,61ft

.

.

-

P4

Mantis* af Cd."^3n^

500,000

names

of

—

-

ww
No",

Hallgarten &. C0._L
Harriman Ripley
,

..Inc.

.

-.

?

;

2,060
LOOft

-j
:X;

-

"

*

A'From

*•

-*'

Net<ry?

—

4,850

Salomon Bros. & "Hutzler—

-4»
4,850-

Pomeroy, Inc*.
??Scott fz'Stringfellow-T.

4,850*
4.

.....

.4,850

Net

-

Stein

Bros.

&

Nefc'ryv,

oper iheomeid.

-Dencit.

•

A":
:

v,

iw»

Stone &-Webster-*SecuritieSr
-••■■■Corp;'
'
—'

•

-Union; Securities

Gross

1,000
-

Corp.-—

,;

■

220,990
■13,672t

*32^471,

X:
^

p.

3,445,506

'4,171,670

;

""" "-459,804

f

Net

'f:

f*lf435;4«l

"

*672,51*4.
'

$938,131
236,668
* 49;232

.

■■'■

■

19,259-

ry. oper. income—'

from

31,265

24,9301

880,111

904*845,

277,164i

492,608

103,217

.r

.*

r.-

t

A,

;

•.

157,89ft
""

'

1

7

Ry.—Earnings*-..^
1945

1944

"188,921*

521,403

1943

-

$2,245,098?

'

738,420

414,488

.

$2,101,47£
1;055,725£
605,78ft

1-A
7,318,383.

railway

oper,

,

11,048,5.79.

683,493

income—

* Deficit.-;—V,

»

73,83®

.115,738

1946-

-

*

$170;371 V

956,870
401,646

•

railway—.-"$1,259,666
$2,519,611
railway—"
|
129,7.72^. 970,31ft

Gross from railway

163,*

p.

'

"

9,685,306

9;426,007

3,583^99.,

2,598,903— 4,787,38$

1,504,181

*162,956

1,079,079

3,041,341

2999r

*vtA-';*'-*

;,^v.v ,7

'

"

Mriy—"

.

:

Gross., from -railway^—
Net. from railway-""—'™

Net, ry> eperj

1946

.

'

*

$442,44L

$308,38$

206,790

126,01ft

119,678

108,6103

1,354,285
2,423,643
30,349 " & 949,570

2,124>531

3L44t*' :-J

Deficit.—VI 103, p

*;

437,936

1,551,35®

1,004,514

.

*041,462

...

'

•

'?■*: 19.44; i'&

240,608

4,746
*49,210
-

*/,!

Gross from railwayNet;. from/ radlway—-Netr.ry:. opert income.

-

Si*, 1945 ?
$521,247?

$259,876
?

-income™,

Front Jan. Is—,.

;

—

J

.

v._.

2999,

1943**'

•

$204(772.

-**

71,984
50,517"

*

-

'

3,957,82ft
283,530,
429,5i63
x *660,165? " ►" 337,667....

1

^

From Jan.

4,85ff
4,85ft

4,000,668.

400,816.

14,400,32$

87,995

from

Net from

1,00ft

'
adopted in 192$; • • —
i
**
;
"
-'—Sp « vhHZtei
3
\ Company's principal business
<,)
is the
Philadelphia Electric Co.—Weekly*Output^
production,, purchase;; traiismis-.
«ionr';distribution-and -safe
'"ofreftctrioity,N*It 'has*, arminor;buSittes&^®L^. ---- outout of this company: arid its
;*>v.V-$n. the manufacture, distribution
™
subsidiaries? fofc.the
and sale: off
week ended June 29,
gas and*, of*" steam
forf
dtecease
of 4,273,000 k.wh., .or 3.4*%
,
|; As, of June- 3Qr>1945, -the
whep compared. ..with, the: -corresponding
company Sold ?t» natural
fystenri serving; the
gas"'distribiutioi^
City- ot Johnstown
;AJvAAand*-immediate vicinity, tou
feopies Natural Gas Co0: aname^ was

9,491
*

operr income

: May—

1,500?

.

Boycei--__

"

fronr "railway—

..

571,696

"

-

86,039

Spokane Portland & Seattle

;

Shoellkppf;;. Huttop'.&.

3^500
3,

...

from-, railway-

.

1

'{X*

•Deficit.—VV 163, 1?.

.

incqme—.
incqme—*207)l49;
*207,149
"

income—_

Jan. lt-k

$197f750

-

*30,829

...

,

-

$110,230-

—

Gross* from TailwaY
Net: from railway*-

Net

From"jto.ii-'.'

Gross

-

-*•

-

-

Net ry."' opert

l;OOff

164, p.' 12.

Net ry. oper.
j^et ry, oper;

*:*

14,120,169* -13,930,589*

,

May—

Grosa.' fnom 3-ailway.J:
Net from railway—;

1,000

Maynard^L. March.' «&■ CO;

7,032,808"

Spokane Interliational RK^—Earnings—A
^
;
:.>1946
1045"'
1944

,;

•;

2,000

CO.-

114,093,876 107,622,678r100;968,49©
46,547,012-43,843;616r- 48,197,73®

16,344,487

—

-

•V.'

•

86,572,991

p^ 14.

3,500
i-

•

railway.

Net'.ry, oper»- income
—V. 164,.

l.dOQ

Corp.

:Laurence. M) M&rk^

Hawley, Shepard & Co.^^_
1,000Hayden,' Miller & Cb.——1,000
Hemphill, Noyes & Co.ld- 3,500

,

of

1,000

Co;

.MasonrHaganr^Inc.
Metropplltan. St.- Louis Co,

.

Co.,

T-__Tr

-

Son„r

from

Net' from, railway^

.1,000... The. Ohiot-Co,—k—1,00ft
1,000
Phelps, Fenn 4& Co^
3,500
3,500
Reynolds & Co,
1,000'
3,500
-E. H- .Rollins
Sona- Ine._:" 3;5b0
1,000
L. F. RothschUd & Ca
| 3,500

—-

.&

Lea Higginson

1,000

1,000
.1,000-

B.-Hilllard St

v.Gorc

1,000

From Jan. 1—

??

Shares.

.Carl M.. Loeb,- Rhoades^ &•

.

i

J.

,

-

the^sevi

...

Kirkpatrick-Pettis

3,500
2J300...

1_

Co,__^

,
" *
"
1946.
1945
1944
1943 > .
from railway$15,090,026 $22,821,129 $22,254,433. $2L,532;20ft
Net from- railway--"-*—,1,592,724
9,206,987
9,022,177
10,642,965
Net ry. oper, income
470,097
2,829,287v
2,881,765 * 3,583,801,

Gro^s

J.

*n v:.

May—*

•

Gross

,

F.

Southern Ry.—Earnings—

-

150,000

&

*

•_

Field, Richards & Coi—„
Glore, Forgan & Co.l
Goldman, »acns eti cou_4,.
tioiamap, Sachs &? Co4-*r

28,00ft00ft^|

utility companies,: Thrpresent,
"

433,22$

-

railways
Ned ry. open income
V. J.63, p. 3144....

follows:.

^ 4,970
&^COr_J—. 4,960.

J. M. Dain &

incorporated-in; Pennsyin
1919 under the* name, of
Penn Public Service
Corp., as a con-

^(SKdidahon.Dt-three operating

896,858

.

*

-

1

From Jan. L—

Net

150,000

Co._u.-i

Dulles

,

Equitable Securities Corp",
Estabrook &. Co^^i.^—„

■23,500,000?

10,100,000

"output

Gross^ from

preferred^stock- and the numben of shares

are

ButcheV & Sherrerd—
courts & .Co'i-.^l_'l

i

ii,uuutwv''£

1,766,841

.

from

Net" fr6m

■

125,000

Harold- Er Wood

Wurts,

Boynton & Co";, Inc.
J; C, Bradford & Co
II

t

2l6,OOQshs;."*"*l4
".
A-;.."60,000 shs, '*. .6,900,000

'

1945

-

--49,854,890- -591664,454? 61,522,379
10,149,293? 20,254,447 24,612,303
4,976,963
8,235,701
9^836,080

Southern Pacific.
May—
Gross

250,000

.Ghas, W. Somntoa&fCo.,

n™,

series Bi-($100
par)-series C ($100-

3.70%

f

i

-

944,880
346,085

,

3144i

'

300,000
&

—

stock————

195,726

totaled

■

4.40%

854,023

166,605

company for the week ended June-29, 194©
2,288,000
kwh." as ' compared with
2,013,000
kwh.
for tha
corresponding week last jear, an increase of 13.7,'/<-.—V. 164, pr J4v.

,

•1943'

Cummulative preferred

71,28ft

"

Ret.jry..

!'«

.

,1,761,527

606,358

Ry.—Earnings—;-

Southern Colorado Power

200,000

Co. -2™k

250,000

1,100,00ft

William -JBlair* & Co.

.

3 Va-'series due 1973—
?fo 2%-%- series due--1976^„,

33,890.

,

1,595,181

$8,776,042 $11,461,065 $12,249,094 $12,032,973

fjom rallwaj^-i

Electrio

150,000;
Pressprich to Co. 1,000,OOft

600,000

Aliyn and Co., Inc.—
& Co.,'-, Inc.l

Blair

T

* "
Outstanding

Authorized

52,166

"

?

.

Net.ry, .open, income--

f

Shares

GIVING EFFECT TO PRESENT
FINANCING

first mortgage bonds—
^irst morteraee bonds—
3% series due 1.972-1.

*

*

.

railway

-*~y, 163,

Robinson-Humphrey *

*rn of
No. nt

9

ohr>™
Anu,s.iiwuuui«u.

from

From.Jkn, Jl—#

*

100,000

*'tensen, Inc.
™L_
Phmijja,? tov.i»mfcro& as *

< R-. W.
'• i he-

■

.

:

Underwritten by. each

for the acquisbassets of "Pened" sub.will provide from* its-, general funds

niirchn«»

2998..

p.

46,519
-

.1,435,761
272i226 :
68,773

income—

oper.

163,

Gross; from -railway.Net. from railway-^-

Jackson

low,' Inc.

*

200,000

Parsons &

,

fr

Webber,

150,00ft

Robinson

eral: underwriters -of

fylvania Edison Coy, of $42,451;400,
being, purchase;price
lion.by. the- company from "Pened" ot all the
certain liabilities.
the balance neeessarv to

*

1°40» .'0

1.10OO0O

_

UNDERWRITERS OF 'PREFERRED STOCK-—The (

.

,

and. the proceeds,
■{$1376,860) to* be received
68,84:3 share* of the
company'Sv- common stock to
Electric Co., will be
apRliod toward, the payment to; Penn-

feet to

144,558

.

150,000

—•—i__-

Co.,

r

sale* of.

Associated

,

192,548

*-

-

railway-—?

;

&.Curti8-_—^
1,000,000
Patterson/ -Copeiarrd & "■ * "
Kendall, Inc.
100,000
Perrin, West
Wins-

.

400,000

Co

Martin,. Burns--i. Corbe^t,, lnen—

property;'plus accrued interest in each, case:,
yhq.
£rdtlaL,rederaptioit«priceria.l04 plus Interest.
A PURPOSE^—Net
:proceeds* ($33,925,729). together: with
-the- proceed^
<$5,000,000)-to be> received bK the
company from. the; sale of'$5,000,€00 of instalment notes

-

1943

$322,608

117,880

Neb ry.* oper. income^--

0'Gara &* CO.-—.

—

,

days'-notice-as

ry.

—V.

-

date prior-: to'maturity-at the
option of the
company.," Bonds may also be redeemed
through operation of the im¬
provement
fund, .the maintenance fund- and
through the use of
proceeds of released

5$#

i

in

or

oper." income

Netvfrqm; railwax^-r-^
Net

1944

$374,717

84,803

From,Jan. 1—<

*

-Earnings

1945

$333,796

railway

Gross .from

'v':..

1946

$321,985

railway

,

-,

»

<*v

''A

Seaboarti'Air Line

Haupd:^
450;00ft ■« Stroud'&? Company, inc. '
Hayden, Stone & Co
750,000
Swiss American* Corp."™..
300,000
Heller; Bruce-&r Co.—_ * 200,000'
"Thomas: & Co,-——
300,000
Hilt &vCo
200,000
Weeden & Ccp, Inc
450,000
Hirsch; &£ CO.l^L—.1-^
-208,00ft Wertiieim *& Co.—:
1,100,000.
The Illinois;Co
600,000*
Wheelock: &: Cummins,
Kebbon,: McCOrmicId &
'
Ihcf
150,000
:
Co.
i
200,000
The White-Phillips Co.,
Ladenburg, Thalmdnn &Inc.
:
1

stock

.

3144.

p.

St. Louis-Sar* Francisco & Texas
Ry.

$200,006

Peters, Writer & Chris-

Ira

'

-

f

'

Co

-

100,000

Green, Ellis & Anderson
Gregory & Son, ^nc

FIRST MORTGAGE: BONDS—Dated
June l, 1946;. due
-i<y7«Interest payable. June L and
Dec; i at office or
agency of. thescom**
y
giany in New Ybrk City. COupon form. in.
denom, of $l,000*
qo r£gisterable
registerable
«s to principal only, and in
fully, registered form in denom. of $1,000
«ind. authorized multiple* thereof.
Coupon and registered, bonds- inter-

I

.

1,742,64ft

163,

200,000

.

,

9,-231,20$

1,452,149

Net

co.A

C0-.

102.47. and

&

Otis &.• Co

"450,000

-

Corp.
Graham,

Smith, Barney ,&,Co^
£00.42 for a^3.70^ dividend;- aiid-MBilon.; SecuritiesCorp., 100.279) for
» similar
dividend

jr

13,380,404.

8,948,461

68^,838

500,00ft

106,000;
.500,000

Co.^_.

DicKson

o,

*"

Both issues

preferred

16,187,336

7,259,103

Gross

Paine,

The-First Cleveland

a?

the

15,096,870

May—

>

253,739

3,552,871

600,000

Al.red

■

Dempsey & Co—J—

?;

ii 421,724*

railway-™.',.

*"

per-;

*

.

j 1,361,163

ry.

^

202,474

1,976,285
3 ; 338,61t»

railway—-—

from

Net

—V-.

$3,267,770

1,635,047

oper.. income—

Net

i
,

"

$3,159,325

1,414,579

108,911-

1

100,000

100,000

750,000
&

E. Masten

750,000

Phillips Co.__

Collins

Ccoley

v

*

i

Inc.

Electric

For

!i

from.,

kiuiianey, woss &- Co.__
Nashville Securities Co

;

Inc.

Julien

2,399,407

3141.

oper.' Income:

Prom.Jan.,lr—

\

Gross

' 1943

1944

'

$3,018,dl6

'

DIAV/IAAV*

thereof

: 1945

194d

$2,032,122
-'480,033

-)♦ vrrhr matner & C0._3_
The Milwauke Co-.____

-

&

—

Caldwell

.

1,622,961.
*512,804
*761,588

A.

Company; Inc
Byllesby-and'Cb".

M.

v,.'?;jiV

& Potomac RR.*—Earnings—

-

Co.

Burr &

'144,139

,

&

$4,075,000-

Inc;

1945

.*155,677

Stuart

Redpath • " - ' •
The Bankers 'Bond

$551,765

*107,716-

Co. headed

Net ry.

should

railway:
railways

*

Ret from

AUchincloss.i; Parker,
'

"I

-Earnings

from

from

Net' ry.

inc.

.

similar coupon.

Col

part

Associated

'

were awarded June 26.
The bonds on a bid of 101.78 and
the preferred stocfc at.TO0.dl9P
per shaie~ '1 ' "
Other bids for the bonds were
Kuhn, Loeb & Co., Lehman Bros, and
©rexel & Co., 101.04 for
2a,is; and Mellon* Securities Corp., 1*00.5319
a

any

that "Penelec"-will divest itself*
of alt gas properties 'acquired
Co.- wicnin
one
year of " the effee-f??'
date of the
acquisition by it of'the franchises and properties
of!

A-Halsey,

I

for

or

;

Gross

UNDERWRITERS' OPl BOND3-rrThe^names, ot the several
undar^1
of the bonds
and the prinoipal amount underwritten by
each,
are as follows;
'1

Co.; .Lehman. Brothers, and
syndicate which offered 101,000
shares of cumulative
preferred stock, 3.70%, series. G
,<par $100) at $102:50 per share ind div.
*

to

Richmond-Fredericksburg

Net

writers

June' 29,

43;324,000

jraortgage, bonds, 2;/i% series, due
1976, at
interest, while Kuhn, Lbeb

^rexel' &.

Pennsylvania 'Edison
oiuio^iyuriift
*au*gou

r

Bennsyl$aniaEdisori Cor, or within such- longer
period as may be
The- SEC has entered'am
order'approving the; plan,,

securities totaling #53,600,000 Were offered to. the
public
June: 28 by two separate
banking syndicates. Halsey;
Stuart & €0^ Infc., and associates- offered
$23,500,000 first

'

of

UL

lespeeuve reutmpwon premium.*
their, liquidation- preferences and"

Fauset, Steele

Pennsylvania

preferred-stocks
|/ivi.ciyw70twoA0

v

irreir-

initted.

-

p.

be

five

404,038

1946
•

V

Gross: from

892,464

'

«

$301,422

,

railway.—
railway

from

.

cumulative

;*.;U:-;r.;

.

at

plus dividends

,

Gross-from
Net

$50,

by .it* -fromv Pennsylvania--ckhsoii-

/

(Del.) —Weekly Output

for- the week ended

company
as

Northwestern Pacific RR.
.

and

the, SEC

nvo
'

_

;, May—

$75

.

corresponding weekrlast year,

•

of

of

Electric-Co:, in connectioun. with the'
Plan "Penelec^. by stipulation-has agreed to 'the entry of an order
by

96,
2996.

Ndrthern States Power

r

3,224,675
607,634

249,762

*134,6681:

•

will

v*V
*

t

Ret .from

effective- date

5
finally; determined that such-holders should not receive
anything addi^.*1.
tionai -to their .respective? liquidation preferences, the funds in escrow

«eivrinn

.

•

*

'

A

129,415 w.j 114,004
51,434
V
39,403

*13.6,184

Prom Jan. 1—
Gross: from*

Electrio output of the operating companies served by this corpora*
tion, for the week; ended June 2j, is, 46 totaled
190,935,000 kwh:, as
compared with. 193,109,000 kwh. for the corresponding week last
year,
a. decrease of
1.1%.—V. 164, p. 13.

Pennsylvania

(hf an amount" payable
by reason of the nonpayment on the effective
date of. the- plan oLthe
respective amounts pursuant to
(a) above, the, funds in escrow, or the
proportionate- part' thereof,- - will- be • distributed to such
holders, any
balance
being returned-to? Associated Electric Co,
If
it
should
be

"

:

,

19451944

X *64,654

inconje-

:;!)

;

,

%
$512,432

from? railway—
from .railway

Ret

the

receive-(a-)

-

'

1946

.Gross

\' jNet

„

of

.■

$4,212,438

I

Norfolk Southern
Ry.
-

Co, -(now

JPubJic Utility Engineering & Service Corp.—Outputr-*

„

series-

the plan,, and for the dissolution of
"Pened."
The
plan provides-that Associated Electric Co., parent wilF
deposit Jin escrow, at the effective date of the
plan, the'sum, of $!,-(
000,000 in cash.- If it should- be
finally determimned that the holders

7,807

"21,833
459,372
19,466

,

1

bo.a bonds 4M*,%

Power

liquidation-preferences

the

to

in. addition to

I J—V~ 164, p.-11

Light and

CO.,

their respective

19,530

-

Penn- Central

accrued

7,156

22,466

-

add

; "

527,577

-

1977

104 and interest accrued to, Nov^ 1,
Penn Central Light &" Power Co.,

outstanding

Edison-Co*.)-first-mortgage;

•Edisoiv Co.)* first

Total

*,
-

__

bonds

on

;

redemption-by-"Pened,"* at

"264,274

7,316
2,307*

202,367"

-

due,

v*

"

——,™*.

.Unamortized prenrium
Reserves*

,_v

accrued

Other deferred credits
.

262,044

,

,,

" Other

„

1,191,000
1,000,000
r
14,691

mortgage-gold bonds' 5% series due 1979, for the, ■;«
*-'24,946 ^retirement:
ofVthe>outstanding- cumulative preferred stock $5* series and.-'-'t;
XXX? 8,342-•! %; Cumulative preferred stock
$2.80 series of Pennsylvania Edison

.

-

the

X 1946, -of all the-then
•; '(now
Pennsylvania

$1,026,800
'

pay )i

—i-._i.__

-.

531:410/

653,864

f;' 361,444

,rl

.

--

-

—

Siuirav Oil? Gorp<
,r;..,, T:,
_
.
.

*—

1946v.*'ttmimd^ei;;^:li2^^;9flft

.

,

non-affiliate,
I"br the £2 months.*
period, ended? June 30,

A: fhe gas

?

A.'anately
?

v

fob

distribution system in, Johnstown
$795,000,'- * '

Under date? o£ October.

approximafeljr $1,235,000,:

1946; the? gross

revenues from;

i

■

-

ftpprovaia?

and

off *ail-Not?that,

•

tne approvals- of*
certain other

Pennsylvanlat Edison;. GO./
to. the. entry, of- am
order; by trier
Securities; an&
it will'dispose of
aILsu«h.

GOmpanyf
Exchangri

gqe propertiesu.. i/'i
j
OF
FRANCHISES AND PROPERTY OP
PENNSYLEDISON
CO.-—Contemporaneously • with; the • issuance of" the
securities now Offered
company wiir acquire 'all of
„the. franchises and
aasqete :of Pennsylvania Edison
Go., an affiliate, all the common
stock of
■which'is
'.

•

-

.347,91ft

4S6;iia ;*:
'.f X

3*27.12»?.*

money borrowed, rnd will assume
and agree1 to
$iay • ah debts* and.' liabilities of.
f,4Peried" exiting- at- the
date pf settle«nent with "Penedl'
except* the liability* oft
"Pened" under its .1st
mt&e;
|>oncls and except any liability which
may exist to the
^"Pened" in the dissolution
stockholders, ot
of "Pened"
resulting'from* the sale of-all
4he franchises and assets ot
'■"Pened*."
Fhr the franchise*
arid* assets
-go to. be? acquired.
"Penelec" will* pay to
"Pened" in cash the
sum. .of
$42,451,400 which, will be obtained
by- "Perielecu as-outlined
■■
above.
j The? acquisition, of
all: of the franchises
and assets of
"Pened" is*
"plan of liquidation of
Pennsylvania1 Edison? Co." filed
the SEC
withe
pursuant^to Section 11 (eh of the Public
Utility Holding Com-:
pany Act of 1935 by "Pened," "Penelec"
and Associated
date'd as of May
Electric-Cor;
1, 1946, The plan
provides, among-other things, for
the acquisition of
the franchises
._

a

and

and sale

assets

of "Pened"
by "Penelec,"
by "Penelec" of the securities now
offered




$1

par/-?——■/;•?/,*;**^v

r. •'",-»>*t '
■*' "
contemplates obtaining $40,000,000 on the effeetive? dkt<^
the merger: through the .sale of. long?term, debentures- orr long'-terxa ?
deheirtures* and; term notes -to banks? and. by the sale* of: approximately
1;000,000, shares, of common, stock.r The- proceeds,-are to-be used far
the-redemption of "the outstanding. 15-year 3%%. sinking fund: dehew*
tureSj of* which $12,350,000 are now otitsfaridirig arid to purchas;>

'555:714,
-

614,698
141; 157

,

.

redeem old Sunray preferred stock, series A, to he. called - fpr?-redemptionz as> of July 07}; at- $4450 pey; share,, plus- accrued dividends,
' A$ of May 15r Sunray. had-issued and- outstanding" 175,695> share®
Qt its?, preferred: and* 0011,743 - shares of common stock,. inoludiinf-

v

i{

May—

Gross
;

' f I

!»

from

(

iMlll944*:.-v'*;.f 1943/ I:*
;: $607,594 i. $735,523
i" 107,093;:
317,93ft
./187,684*: t.J 141,005
191,28ft
,C?;i?1 '5-t

railway?.

Net- from: railwayto.^

:

228,213 *

Net;. ry> .aperi income^.
:

owned by Associated
Electric Co., free and
clear
securing indebtedness for
of'all,;liens

the-Issuance

common,

> or

.

for

?

-Thee plait ealls-for Sunray preferred to be issued in series, witb.th»
within, ene- year* following* the effective dat> %

of

•

ACQUISITION

"VAN IA

part of

::

a v.

Sunray

^

.

Sbas? agreed

Merger—

qt\ Jhq; merger gnd.; will. eppsist? of; 525,000: sharesi.
cer-*

necessary

company's- remaining^ gasJohn. H. Ware,
properties^ to
3rd, $ nonvaffiliate^ for* the
base, price? of
»ubject to; adjustment? for suclr
$60,130,-:;
lteme as * capital,
additions, taxes; etc;
Upon receipt; of; suchapprovals,'; this* • salet wall; bfe
csonsruntnated andi
ithe" only." gas
properties remaining, in the;
company^; system, will: bet '
ithose-:presently: the property? oL,

Commission'that

on

ffrsti series to? be- issued

22,.1945f Pennsylvania

|ntoj a; contract for*the aaler
suhject-to seouring*
*; :' 4aiEL regulatory bodies^
having jurisdiction

•?

..

shares- of

arid

-To Vote

A special meeting of stoekholders will be- held* July 19 to consldc^
tha-merger Wittr, cmd( into-thfa? company of* Transwestem Gir. Cih.^_.
'
Sunraf OH' Corp;, the1 surviving corporationr, will have an authorize®
Capital:.stock of? 725)000? aharee- of- preferred; $100 par/ and: 5,000,06*1

-

.

Proni January L—

Grose: from
Net

from

Net-ry.
V,

;.

i

railway
railway

oper.

163;. p.

1,643:313'20,382

income-

18,9.45:'.

.•
2,947,45^ ' *3,353,119
1,295,364
-940,388
1,305,868
1,037,181 A; 696,069: ?:
782,399

3)401,909

'

3143>

Reading Co.—Earnings— ,j

Net frbfn
ry.

Gross

railwayi-^™^? 756,034 *
oper. income^—
255,443

January

The;

in/the

trecisury.

?/

4**"- >

?

that; all" outstanding, shares-, of Transwestemi
itocfc-on the effective'date of the* merger will be converted into
0.7-shaxe of Sunray.,preferred,,stock, series A. Transwestern had 75D,Q0ft
Shares of*" $lft par Capital stock outstanding as of May, 15..
!
>'•
1
The1 companies have' agreed, in "effect,
that if the contemplated,
Sale ofr debentures and common stock to raise the $40,000,000 is- nok
consummated: the agreement, of merger will be abandoned,
;vx
Traniswestern'has agreed- ta transfer to Transwestern: Royalty GOL,*
a - new
corporation,, all' producing "and non-producing oil and ga®
royalty.. ihterest. and " overriding royalty interest, owned by
Transwesterrr Oil* Co;, for $.750,000:
If" effected, prior to July 31, suciX
transfer, is th be subject, to the rigfht of Transwestern Oil COi to re¬
ceive gross ihcome*' from* royalty interest; so transferred until that data
These-royalty- interests were -carried on
Transwestern's
books
aril
merger provides

.

*"May^-""'"::Vs '*
:* "' 1946
from
railway-—^$7,314,193

From

1

'

Gross
Net

.

shares. held

l-r^A;*:V

-■

from

••1945

1944

$8,912,813.: $9,907,528
'1,996,915
3,117,030 1,192,549 - 1,297,497
.

1943? J

$9,653,937

3,270,420
1,608,068

?

railway-^-™ 40,274,589
47,541,666' " 48,934158 * 40675,534
Net'
^rom railway—_„^r,: 5,510,540** 13,147,159 -15,505,503. 16,858,324
N^t ry. oper. Income
.1,978,340,
5,608,241 ' 6,366',542.
8^767,223
—V. 163, p. 2988.
,

$742,908
^

Ml

of

on-March
the

stock

31. ;
Transwestern

rate; ot one

sham^ of

of, Transwestern.? Gil; at
p.

16.

^

.

of

Royalty Cq. will be offered T*ra
shareholder?' of Transwestern Oil Co. at th»

rata? for* subscription: to

Transwestern

■

.

CP. ..for, each 10 share*
total of. $900,000.—-V, 164*

Royalty

$10 per share, 'or a

;.*?

•*

-

.' *

v '

.

-

•*

.

,

^

»;r(

'>■

<

>

'

■>

,.

'f*t

'

f

r

Sylvania Electric Products, Inc.—Annual

!

Report

In the
of sales
The

•

'■

:'Se;"'\ky-' ''

V'1

'"•■'•V

! .J

■

•'-*<

v

•

t

..

and

sheet

(see

report

in

income

net

after

taxes

affected. '

not

was

>•

■ i

u-;

>

AS

SHEET,

AT DEC.

hand

on

tU. S. Treasury bds., 2%%
Investments

in

consolidated).

(not

3,656,183

Deferred

charges and sundry assets
Licenses, formulae, contract rights, etc..—

1

..IL—:

Total

LIABILITIES—
Accounts

i

income

...

1945,

year

income

In

1945

to

taxes

!

last year.

number

the

of Jan.

On

Federal

with-73.0%

compares

of

stockholders

common

INCOME ACCOUNT

Capital surplus
Earned surplus

i///

♦•Treasury

1945

•

.i-

•

c'4.».'V

<

,t

—;

stock

'

*

-

'."'S1.

%

Depreciation and amortiation
Taxes (other than Federal taxes

mortgage
HRepresented by 154,186

no

and

1,057,441
1,736,366
6,079,999

10,280,452
413,030

May—
Gross

10,785,091
111,786
43,805
93,275

10,693,482

Net ry,

338,257

income

0

in 1944.

Interest

_i!_—_!——

'■

Amortization
Call

of

premium

Interest

:

a-

-

!-!

discount

and

—

.

expense

——

—

.

•

notes payable—
Interest

Other

on

—

———

Payment on acct. of past service benefits,
ployees' savings and retirement plan—
Additional

amortization

of

for

Prov.

postwar

adjusts,

for Federal normal

and

Net income
!!—!———
Preferred dividends declared and paid———
Common stock dividends—

2,136,279
;
76,000
1,256,250

share—

common

-

—

"

—

Cash

under

Cash

surrender

Cash

and

chase

U.

value

S.

insurance

policies

employees'

Cash required for
sinking
For $4 cumul.

tFixed

assets

income

Net

tene-

Discount

and

retired

on

/':i944

balance)

Total

6,007,457
652,068

483,703

;;

5,499,094

of

Prov.

Federal

for

314%

postwar

sinking

Reserve

for

/

on

income

and

for

sav

bonds

Trade

stock

Capital

4,051,970

<')

no

par

3,770,000
52,782 dV,' 56,038

..

5^309,257

for

—

.doubtful

——

accounts

of

7,537,500
7.275,488

in

4,557,332

1945

and
/.

Pravlsion

for

depreciation,

obsolescence

P in 1945 ond $5,456,545 in 1944.

final

result

determined

of

renegotiation
1945.—V. 163, p.

in

of

war

and

$As

amortization,

adjusted to

contracts

for

the

1482.

reflect

year

sales

SS5 saies

„__

Chipping, sell., gen. & admin, exps.
Net

operating profit!:.—„

$974,974

118,541

69,385

$2,180,792
/'
650,103
510,500

$1,093,515

$1,177,791

281,087

218,016
„ 423,213

Hill

•Prov. for Fed. inc. tax

& surtax

Net profit for year—

Depreciation charges against
Dividend
Divs.

on

Earnings

on

on

common

per

stock in

228,702

221,426

410,062

$512,573

cash_

share

$536,562

77,088

§234^494
"$0~.33

$3.77

tTn^?MeXCess Pfof,its tax is deemed
♦Include
quarterly dividend of
a

$460,428

247,897

410,062

stock payable in stock
common

352,000

$1,020,189
opers._*

preference stock

com.

$1,108,406

■'

Total income
Other charges

'

necessary
necessary

by

($100 par)

stock

par)

——

70,940
240,000
508,190
350,342

2,063,634

$5,133,634

-

$4,638,262

crediting U. S. Treasury tax notes, including interest, 8100,780
tAfter applicable
tax credits.
fPar value plus interest.

fl As a re-!
,

,

15.

164, p.

Proposed—
p. 2486.

Oil Corp. above.—V. 163,

tax

i

'

i

28*091

from

to

>

1

provision

its

\

•

*'

^

$630,584
140,029 ■>

276,850
21,506

On

the

basis

the

for

year

of

799,005

<

U.

$0.86

the

management.
$102,515 declared In December, 1942.

Sited onTaned21?1946PaiCl in 1943, SRePresents e.QS& fihares disi



charges

income

2,733,066

$8,116,173

787,748
;

323,310
559,000

^

_.A

years prior to

income
.

»'•*;;

made

for

refund for the

such

stock, this
year

1945,

for

Income—.161,456

282,641

156,37(1

$1,584,013

$1,058,476

year

1945.

in

a

amount

of

$14,339.

net

tax

returns

for

•//"%<:?
ir

the

S

" "y

years

1945

—

1944

$2,179,768
1,290,000
_—.

2,843,958
3,473,729

..

3,009,524

$^,927

*.

3,415,643

,

77,813

.

.

p5,93l
41,388

'

"

72,118
92,878
>

1,000
10,526.896
2,313,890
332,960

f

"7
Sinking fund debentures due within one year— !>
-----Notes payable for purchase of prop. ;(secured)__ ?/;. $48,650

,v«

f

1 axes

-—

liabilities

current

contingencies..--

for

stock

SCanital

v

—

/

1,194,587

r

payable——.% 2,945,944
————
271,649
—
9,535,781

Capital surplus —
Earned: surplus

|:

793,642

•

$625,000
13,006

ir.:-''1, '

Sinking fund debs, and notes

.

■

"
,

(est.)—

..

Miscellaneous

Reserve

1,006
13,541,750
2,327,771
337,183

'

,,,,

Inc. & exc. prof,, taxes

11 Federal
Othpr

o^nao

5,859,089
275,77a
9,535,781

2.256,133 t;

—-

.

56,133

b,o94,Jo6

'

$22,425,198 $26,472,874

Totai

doubtful accounts and discounts and allowances
of $148,337 in 1945 and $164,144 in 1944.
tAfter reserve for depre¬
ciation and amortization of $16,609,882 In 1945 and $10,836,108 In 1944.
♦After

reserve

for

tAfter reserves for depletion

after the applicable tax credits,
to a reserve for
which had been
1943

$0,000

$22,425,198 $26,472,874

1

!_————

Total

77,427
50,006

-

equipment—

Accounts payable

provided through charges to operations of $10,000 in

.

%■<,
•.

leases and equipment

LIABILITIES—

,

V

amount was charged
amount of $15,000,

In the

—

Deferred charges
:

<.

' *'/v

t

(pledged)——,——

•___

tTimberlands,

1941

/

After providing

cost,

This

$0.83

•

1944 and $116,506
.

bonds & credit

postwar tax credit (est.)—t——«—

resulting

products in the peacetime period.

1944.

refund

381^334

,

$1.25;

$2,264,684
364,816
91,019

:

tLand, buildings, machinery and

J>y:

.

proceedings conducted by the Federal Government
completed for the year 1944 and an agreement reached

contract renegotiation

953,336

DEC. 31
"

tax savings notes

2nd mortgage at cost

for dividends on
is equal to $1.52 per share on the common
as compared with $1.55 per share in
1944.

resulted

S. Treasury

Other assets

the

years

year

the company's

1,066,000
43,611

year—^2^1- '$1,646,467

Employees stock purchase loans—!———
loans to employees——-r—
Accounts & notes receiv. (not current)

1945, have

settlement

and certain other adjustments

r

4,262,000
110,389

Home

$9,504,624

Renegotiation
been

______

275,827
482,813

hand and in banks————

on

U. S. Gov't

of

Federal

compared with $408,000
the

.

875,404

/

Inventories

Net earnings for 1945 after deductions for Federal and State income
taxes, and a reserve for war contract renegotiation, equalled $401,000,

for

263,951

-

2,689,462

.

make any

1944,

\

need of

preferred

of

excess

U. S. Gov't exc. prof, tax refund
Accounts and notes receivable—

759,910

/

the

of war facil. in

for normal depreciation

BALANCE SHEET

President and Chairman, said in part:
1945 were $9,768,000, the largest annual sales
volume in the history of the company.
This represents an increase of
$919,000 over 1944 sales of $8,849,000. This increase was accomplished
Jn .a period of. war contract termination and reconversion which indi¬
the

131,513
$4,299,109
304,590

ASSETS-

the company has transferred to surplus a/
contingencies, less net cost of renegotiation

1945;

reserve

the

180,792
$8,137,038

1943.

Cash

1,033,000
549,300

3,317,431 >-

'r

for

289,892

Dividends—-—■—.1.080,485 •
Earnings per share———t-'v$1.30
'After debt retirement credit of $468,000 in
in

10,989
25,714
*2,702,288
.

500,000
488,600
759,910

!

,

(The) Trane Co.—Annual Report—
Sales

5,645,220

$9,522,433
'393,001

,

—

——

Net Income for

-

$592,996

8,214
6,062
1,445,274

....

'

795,980

the year

I

war

—

23,742,142

$9,504,624

>»:( )**

:

——

does not expect to

of

$9,232,541

——

—

32,297
!Prov. for Federal income taxes——
' .500,000 *
•Federal exc. prof, taxes and, for" '
1944, reneg. of war contracts
4,060,000
Federal capital stock tax
—39,750

24,732

$8,116,173

>»

;___

examination

stock

$4,167,593

Other

69,346

bonds

1944, inclusive.—V, 162, p. 3239.

the

$7,956,246

prov.

1,428,021

:

(151,982 shares)

settlement for

'

<■

Interest

533,000

1,692,049

^_iy,..!!y■.,r,

/During

u,

$33,554,953

Gross Income

2,837,263

contingencies

stock

Corp.—Annual Report—

sales'.$41,391,116 $39,021,078
Cost of products sold—-——
26,417,863 25,728,567
Delivery, sell., adm. & gen,, exps.—
5,740,712
5,336,265

Amortiz.

3,068,359

commissions

stock

company

in

1943

$1,383,304
797,488

——

'

savings

concluded.

which

$14,036,367 $12,847,785 $11,941,631
11,529,591 10,773,338
9,733,195
1,223,472
1,099,472
1,100 000

Other income

Dividends

1944

($2

surplus

Other income

;

f NOTE—Renegotiation proceedings for all

have

Thatcher Manufacturing Co.-—Annual
Report—
1945

939,920
15,000

1944

tax

♦After tax notes of $1,000,000.

1944,

*

Calendar Years—

$450,239

67,144
225,000
508,190
350,342 1
2,243,847

—.

Calendar Years-nv con ^

2,742*261

«.

Total

$52,658,896 $55,427,644

$208,686

stock

Union Bag & Paper

353,122

surplus

as

VS

war

surplus

cates
————

$664,761
1,068,350
6,000

Net

! Reuben N. Trane,

/

65,757

^

taxes

-

.7,275,488

~_w

—

3,991
42,358

$4,638,263

profits taxes—

excess

Transweslern Oil Co.—Merger

$1,368,324
; 501,677

23,889'

for

$1,166,185

shs.K>: 7,537,500

—

'

$5,133,634

——

Operating profit

42,469

payable

income

portion

/,

surplus

Provision
$207,872 in 1944.

profits

excess

and

wages

Earned

$1,182,406
55,992 /
254,908

no^V

expenses

See Sunray

-

1,203,383

taxes

Common

$4,402,666

^10,175,000

surplus

fhL
tne

accounts

Preferred

946,685

100,000

income &

Other faxes based on

Federal

834,038

,

(outstanding

(outstdg. 1,005,000

Earned

—V.

40,936
379,955
$3.85

'y,^:: $1,227,023
501,677

charges

Employees'

155,416

1,648,109

700,443
105,124
188,717

185,442

$3.46

—

Payroll

re-.:,

pensions—

Total

refund of

Accrued

1,649,664

(contra)

\

:;

—

renegotiation of war contracts—

for

1944.

$626,056

"

1945

LIABILITIES—

1

1,059,845

shares)-.

Common

'

Land, bldgs, and equip, (after depreciation)..!

9,660

1,371,634

—i.

debentures

stock

.a—

share.,—

common

-

been

adjust, and other conting'.:

fund

cumul., pfd,

par

per

Deferred

royalties

negotiation of Government contracts
Prov. for Federal and State taxes
Res.

^$562,661

Other assets' (after-.reserve*

$7,500,000 $18,000,000
3,262,478
4,586,002

expenses

___

425,484

§ After reserve for doubtful accounts; returns and discounts,
suit of accelerated amortization of emergency facilities.

316,722
a,729,420

/5 196,802
»
37^576
379,955

above

.

terminated

rentals,

—

Employees' funds, U. S.

y

•

in

-.;.y *y,;■ :;-y '

Postwar

43,805

2,412,157

payroll,

taxes

43,420

316,000

,

1,069,645

payable ———!—
State

&

•After
in

*1944 ;

•

1,119,000

„fi

'

contracts

returns,, allows, and inisc.

for

.

1,385,236
y
;
15

surtax

Treasury certificates
Excess profits tax recoverable—.
Accounts receivable (after reserve)....—...^.*
Inventories
::: ,;y

4,942,901

10,290

;'±

Co.

Total

1,491,693

dividends

Accrued

banks

subcontractors 'i under

Government

and

profit
_j_
depreciation reflected

Reserve

'

.

1,342,872

23,280
485,650

refundable
of Canada, Ltd.—

taxes

——————

Common

7,962

1y

profits tax:..-

Capital

Provision for accrued
and other items
Res. for

expense

-

$52,658,896 $55,427,644

>

———

1,197,226

1,107,896
1,468,718

inventories

cumulative preferred

6%

$4,049,487

ASSETS—

'

;

—

,

income

Accrued

857,267
405,125
239,424

9,054

u. S.

fund

payable

Claims

1945

(net)

Cash

2,500

in* 1945—

-——;

Accounts

996,647
499,675
334,380

'

tl;957,368
655,737

_,

;

LIABILITIES—
Notes payable to

865,810
193,572
45,743

Total

935,414

:

1944

150,109

•Fed.

CONSOLIDATED BALANCE SHEET, DEC. 31

199;309

—.-v-/iJ+M

■

31
$462,528

Accounts

•Reclassified.

254,908

Patents and license for use of
patent (unamort.
Goodwill

AMERICAN COMPANY, DEC.

OF

500,816
100,534

tReserve

administrative and other expenses-

Earnings

2,500

314%. sinking

165,162
$1.52

■

$1.55.

.

Capital surplus

paid^
Common .dividends paid.^^

43,071

———

expense

debentures

16,119

14,839

203,276

share-.—.

1945

Earned

Prov. ior

pur¬

subsidiaries

—

13,960

—w—.254,095
t
$1.52

—

f/XIABllJTIES-^!'::://^

6,600

*16,762

funds:

wholly-owend

$401,136

$2.04

...

for

12,378,080

pfd. stk., payable in 1946
skg. fund debs., payable in 1945—
Postwar refund of excess
profits taxes
—;
Prepaid expenses and deferred charges
in

/; $408,214

$330,746

Total

$3,523,720

excess

For 314%

Investment

*

J

,

Manufacturing profit

Preferred

(contra)

,

63,717

normal income tax

55,992

life

savings bonds,

account

^^

>

$102,659

67,044

income—

Federal

6,683,209
8,783,951
473,384

market values)

or

$401,386

hand and in

on

HFederal

>

^

%

$235,850
138,131
92,028

100,557

966,980
231,989

Interest

.

Government contracts
Inventories (at lower of cost

railway—..
railway—

Federal

1,865,320

terminated

10,000

earned surplus——_

banks——-——!!-——

1943

r

imSIi

1945

——u--——i.—:

reimbursement

....

5,000

Investment in Trane

$226,349

,

2,053,235

provision

-

for

:707,200

■

"»•

6,000

Land, bldgs., machinery, equip., etc. (less res.)
Emergency war- facilities ——w—!—«
Sundry investments and receivables

1944

24,263

Other

$12,981,884 $12,094,070
U. S. Treasury oblig. at cost and accrd.
int.— / 8,180,673
6,570,097
Postwar refund of excess
profits taxes, receiv¬
able Jan. 1, 1946
;
1,110,249
£
Accts. receivable, U. S. Govt,
agencies
5,542,822
2,380,974
•Other accounts and notes
rec., cust. & others
3,652,892
3,633,156
Reimbursable expenditures under U. S. Govt.
contracts

798,350 '

—

18,091

CONSOLIDATED INCOME ACCOUNT FOR CALENDAR YEARS

—————

Claims

• • *

'

contracts—

shares

1945

:

BALANCE SHEET, DEC. 31

ASSETS—

65,000
182,000
478,000

tax

war

Prepaid and deferred expenses

*19,074

v-

■

income...

from

from

!

^As adjusted.

Pi .CONSOLIDATED

}

railway—$194,104

oper.

6,466,922

.

$2.05

.

and

par shares.
••Represented by
1944 and also by five common

1946

from

Selling,

per

of

common

Merchandise

♦Deficit.—V. 163, p. 3185.

N 833,322

6,072,157

•After deducting returns and allowances
gotiatlon of Government contracts,,

82,500
172,500

surtax—

%% certifs. of indebtedness—
Excess profits tax refund bonds
—
—
§Custoraers* notes and accounts receivable—-

$7,886,153

ttSecured by U. S. Treasury bonds.—V. 163,
2771.,
!y\ V y
^
'7'
;
'/; 1
'. \

Net ry. oper.

12,864
647,682

Excess profits tax———————

Earnings

and

BALANCE SHEET

Cash

Thew Shovel Co., Lorain, Ohio—Annual
Report—

981,562

and surtax

tax

Net

69,859
-

1945

from railway—.

Gross

6,467

35,649

conting—

other

in

/FroniJan.l—

5,512
3,950

481,924

,

Prov.

126.804

em¬

for 1944 and prior years—:
Miscellaneous i.—i.—_——---i———

shares

^

facilities

emergency

87,050

182,950

3,937

,

dividends

.ASSETS—

2,019,600
2?r768,75Q

Texas Mexican Ry.—Earnings—

Net

Income

96,414

_

(net)..

198,468

//

Other income

total

84,452

emerg-

87,168

$25,000 in 1944 and $33,409 In 1945.
fPledged
bonds.
§Represented by 132,000 no par shares.

preference

jj, •' >vV

.!/ 126,792,723 100,398,043

Selling, general and administrative expenses—

Operating

of

reserves

secure

82,888,005
649,503
1,554,467
5,025,617

t

income)—

on

116,827

of

♦Including $27,027 dividend received from Canadian subsidiary.

•

U,669,673

——$8,924,042

♦After
to

182,764

v*

tax

profits

excess

Earnings per

1,320,000

60,094

$1,233,550

tU. S. Treasury

11944

(other than depr. & taxes)- 107,762,188

sold

cost——

,*482,942
93,088

v

I

Cost of goods

at

10,156,729
628,362

!■/;»

sales

♦Gross

1,320,000
1,745,173
125,921
2,395,234
JDr768,695

*80,611
$1,459,866

sundry

Common dividends

•

1,962,712
$1,172,456

81,713

applic, tax credits

Preferred

260,626

75,713

stock—234,494

CALENDAR YEARS

FOR

143,853

i;: 1943$7,838,551
4,703,383

1944

1

•

$8,849,087
5,534,994

$1,379,255

tax

inc.

Net. profit to

500,000

repairs

stock

Total
CONSOLIDATED

y

income

Prov. for reneg.

after

1945-•

$1,596,500

amortization

normal

Federal

102,515

1,900,000 ttl,500,000

note

furnace

Fed.

numbered 1,052.

1945, the preferred stockholders

31,

for

Common

•/.:;
■£?
increased from 5,908

2, to 6,872 as of the end of the year.

Dec.

Reserve

'
""
' !
profits taxes and surtaxes for the
be $7,053,719, which is 72.9% of net
and
provision for contingencies.
This

excess

estimated

are

before

15-year 3'/2%

•

company

facil. for prior years

ency

: 352,000

:

'i"'•'^V'v<^'V

allowed, prov. for doubt-

Wisconsin

515,668

<-'C". V'*,

■■":■■-/'m

2,340,451 / 1,934,837

ful accounts and

254,706

taxes.

15-year mortgage bond (int. 2V2% until May 1,
1945; 3V2% thereafter)—see contra

,

taxes,

Discounts

$588,619

309,897
102,515

/

'*

$1,514,787

—

Accelerated

.

$824,269

payrolls, etc
dividend payable—^
income

1,

,

;

———

Total

$7,886,153

,

'*"-

$9,768,873
5,913,634

from Canadian

in 1944)

1

•

$8,924,042

1

,

taxes,

Preference

.

•

,

payable

Accrued

renegotiation of the 1945

contingencies.

received

2,695,889
128,725

236,286

—

'

••

°

sold

goods

Operating profit
Other Income (lncl. $27,027 dividend

..tr-

corporation has been made by reduction of

Federal

3

s:

reserves),'

•

of

Operating expenses

35,842

Land, buildings,'machinery and equipment (less

Reserve for related machinery & equip, repairs
Convertible cumulative $3.60 preference stock.
Stock dividend declared on common

for the

Cost

915,348

—

Calendar Years—K

Sales

1,501,838
1,500,000
,16,914

1966-71—see contra

subsidiaries

/

260,567

;/

market).

other

the

$4

i'«y ''*}'*■■ t

Il?v•;'''"-.Vfft

'

yg INCOME ACCOUNT'OF" AMERICAN COMPANY ,^£4 V;

•

1,320,856

employees)
of

excess

>/'

■'■

Monday, July 8, 1946

$831,027

1,069,123
80,902

—

(including

(at not in

!y/. 1944

1,600,000

Reserve for Federal

r

£, I'd**

f*i ft

t

$960,689

-

Government war business
sales by an amount
reasonably believed refundable based on experience in prior years.
If this provision for renegotiation should prove inadequate, the excess
if any will be charged to the reserve for postwar adjustments and
Provision

as

l-n,

<

31
1945

;';; y/y:/:/<■/.:■-

v

and

receivables

Inventories

averaged o.i/v

'i

:

V

,

bank

S.

Other

of 1944 war business has
charge of $292,318 to the reserve

a

in

Government obligations—tax notes & bds.
•Customers receivables

been completed and
for postwar adjust¬
other contingencies.
The 1944 income account and balance
below) differ from the figures shown in the last annual
that they show final results for 1944 after renegotiation.

in

ments

The

v ' *'

• I

U.

renegotiation

resulted

BALANCE

:

Cash

year,

1940, 1941, the net income

1939,

pre-war years

the

for

income

net

.

,::Tf ASSETS-—

after provision for th®
renegotiation of 1945 war business, all charges for State and 1'daerai
taxes, and after provision for postwar adjustments and otner <20 tingencies, was $2,136,279, equal to $2.05 per share on the l.OUo.uuu
shares of common stock outstanding on Dec, 31, 1945, after deducting
the preferred dividend of 76 cents a share on the new preferred stoct
issued Oct. 23, 1945.
This compares with 1944 earnings of $2,0bJ,^o,
equal to $2.04 a share on the common stock. The 1944 ft$ur®s J0®/™,
the last seven months of operation of Colonial Radio in tnat year.
Net
income
after
Federal taxes
for
1945 was 1.7%
of net sa
.
Consolidated

of

HT'

THE COMMERCIAL & FINANCIAL CHRONICLE

150

v

:.vv-f••>£•":'jYfit!-">j,*,.:.'^*?♦v-'f': \:$

of

and $5,000

and depreciation of $736,211

$564,406 in 1944.
HAfter U, 8. Treasury tax savings
184 in 1945 and $4,710,000 in 1944. / §Represented by
no

par

in 1945 and

notes of $3,785,1,271,437 shares

value.—V. 163, p. 2771.

!/-v/

.

in

1944.
A reserve for war contract
renegotiation in the amount of
$6,000 has been provided through a charge to 1945 operations to cover
any refund which may be required as a result of renegotiation pro¬
ceedings of the company's war contract business for 1945. It is esti¬

mated
in
/

that

a

of

excess

Unfilled

refund,
this

if any,
amount.

business

at

the

after applicable tax credits,

will not be

government controls must

be

business.

.

considered

in

any

estimate

//

CANADIAN SUBSIDIARY—The

of
■

•

.

company's Canadian subsidiary oper¬
ated very successfully in 1945, showing both an increase in volume
of sales and net earnings.
The sales for the year 1945 amounted to
$1,223,000, as compared with $896,000 for the previous year, an
increase of $327,000.
Net earnings after taxes and preference divi¬
dends increased from $24,000 in 1944 to approximately $55,000 for
the year 1945. -Income and excess profits taxes'for 1945 equalled

$54,000,

as

compared with $23,000

for the previous year.

$1,385,035

$1,454,204

655,832

I: 470,077

515,607

"

Net

profit

Dividends

'

——

"-—————-,'! *

stock
outstdg. (no par)—
Earnings per share—

Shares

462,000
$678,301

298,414

,

418,000

394,500

$496,958

/

$534,730

298,414

298,414

common

,*

,',

397,885/
; $1.25

397,885
$1.70

'am

m n

n

.

J

t>,oy»

393,000
$507,139

298,414

397,885
$1.34

CONSOLIDATED BALANCE SHEET, MARCH 31,
-

487,577

,

ASSETS—Cash, $1,476,613; U. S. Treasury bonds,
-

,

,

$1,394,31$
;
-

,r:

C

"

$1,796,133

FetdaxesC(est. T-------

,

,1943

t

Minority interests-—,.—•

1946
■'

,

" /;,

1944

1945

1946

31—

aft. deduct.

Sra'inSeexpsge!-.a!Decree. & depletion—-

beginning

of the year 1946 amounted to
$4,300,000. This would appear to indicate that the demand for prod¬
ucts manufactured by the company
will continue on at least the
present level. However, problems of price ceilings, material shortages
and

Subs.)—Earnings—

United Carbon Co. (&
3 Mos. End. Mar.

Oper. profit

'

(hi

fJCrt

Wflrtt'

397,885
$131

1946

$500,000; account*
(ntTftftlVl

+0

€1

■■

iVolume 164

Number 4505

THE COMMERCIAL & FINANCIAL CHRONICLE

286,403; notes and accounts
receivable, $527,785; land, buildings, equip¬
ment, wells, pipe lines,
leaseholds, etc.—at cost, $38,656,172; trade
marks, contracts, etc., $1;
prepaid taxes, rentals, Insurance and ex¬
penses, $268,069; total,
$46,999,723. '
/' • /:!M;;V/'/:VlI;;!/I

one-half

cals,

Inc.

in

.

interest

Petroleum

of

Continental

Oil

in

Co.

Petroleum

Chemi¬

increase its interest in the latter
corporation
The other one-half of Continental Oil Co.'s interest

DIVIDENDS

Chemicals, Inc. would be simultaneously acquired by Air

Co., Inc.

'

Dividends are grouped in two separate tables.
In the
first we bring together all the dividends announced the

>

$298,414;
;,y
CONSOLIDATED INCOME ACCOUNT FOR
$676,777; reserve for depreciation and
YEARS. ENDED MARCH 31
depletion, $24,226,689; reserve
contingencies and taxes, $1,509,768; common stock (397,885 shares
v*
v
1946
1945
no
par),
Net sales
$11,952,538; earned surplus, $6,921,396; total, $46,999,723.
— $48,182,081 $40,536,741
7-V. 164, p. 16.
Cost; of salesj,,
',
41,774,946 :35,022,339

current week.

-

lor

Calendar iTears—
Gross

profit

Deprec.,

1945

from

operations
&
loss nn

amort.

$7,179,501

i__

fixed

Federal

&

state

$9,031,579 $11,922,780

employees' retire. plan___
Miscellaneous income deductions—
y\

,

.

J',

v(

1

Total

173,905

Carryback

contingencies

of

1945

Preferred
Common

200,000

*rN<^y^T'^eprec^a,^on
March
31,

55,202

tiyely..

BALANCE SHEET DEC. 31

U. S. Treasury

tax notes &

tax

—.

—

Accounts receivable, trade, not
current—

*

1,000,000
29,029

'

,

and

Total

—

drawings-—

2

U———

$1,500,000
1,044,218'

.

•

......

taxes.:

Accrued

commissions, royalties and expense——
mach., roll, and castings allowances.
Reserves for contingencies
,

7%

-

' 597,000

'

150,000

contingencies—~'

Earned surplus —.J—

..Tqtal

'

of

in

amounts

inventories,

(due to prevailing foreign conditions);

$14,688,289

depreciation and amortization
In 1944.—V. 163, p. '3000.

of

$7,113,949

in

1945

'

.

*After

§After

:,

_'>

,.

,

1,754,834
108,800

|

tracts

22,156,421
4,758,131

4,037,433

Drl7,172

Dr325,845

..._

;

.

| $45,978,851

,w_.

in

1945..

JAfter

of

reserves

income

upon

for

the

years

$49,039

ended

in

for the

$3.67
at

for

other

the

as

outstanding

$1,831,612

was

the

on

end

year

shares

charges,

share

after provision

year;

ended March

year

per

the

31,

1945.

49.9,241

compared

with

throughout

for Federal income taxes

Net

March

31,

1946

with $1,690,795
the year represented
capital stock outstanding
per share
on
the 376,836

the

of

$4.48

ended

year

March

of

the

fiscal, year.

available

for

of shares

The

proceeds

investment

Recognizing

this

in

fact,

of

income

earnings

the

latter

assets
on
the

share

per

outstanding during the full

therefore

were

producing

during

'The

amount

York,

Life
i

and

fund

$4,000,000

in

the

Co.

to

amount

These

payments

The

of

$3,500,000

notes

the

on

Mutual

of Dec.

as

Life

to

provide,

annual

1944

stock, in the

Ac Olcott

U.

Co.

June

cn

The

S.

26,080

15, 1945

Insurance

John

Hancock

each

of

declared

/

capital

at

of

amount

1.

1945

value

stock

price

a

seven

an

of

shares

to

of

60,000 shares

acquire the

this

stock

issued

were

$43

held.

to Air Reduction

net

issued

was

assets

$38

was

corpo¬

share

per

Net

ry.

Net

the

stock

common

of

pursuant

share

per

the

all

of

the

on

to

offer

an

basis

of

to

500,000

are

are

issued

of

the

Gross

outstanding
held in its treasury, '
-

Net

has

company

-

to

be

been

excessive.

advised

At

the

that

time

of

its

war

this

profits

report,

not

were

deemed

on

14,

Aug.

1945, ' were

prime contractor
imately
been

$200,000.

reimbursed

:Reconversion
complished
to

utilize

stock

and

an

the

a

the

company has not
for the years ended

the
the

and

preset

1,027,982

negotiated

This

total

therefor,

from

bv

the

a

or

proceeds

has

been

claims

settled

as

filed

either

company,

filed

were

and

have

the

been

for

to a peace-time basis has
disruption of normal operations.

predicated

from

$7,500,000

the

sale

on

of

the
the

Intention

62,405

of

been

:

capital

of 15-year 3% sinking fund notes to carry
of construction of additional manufacture




9c

7-

l60c

'

Dow

4,923,448

Drug Co,

Ekco

(quar;

Products

414%

16,506,417

24,201,639
9,349,723

8,288,090

1,409,979

2,726,446

2,511,884

20,827,182

17,074,614
7,255,409
3,793,060

,

v

Alabama—^Earnings1946

1945

1944
$528,799

$439,858

217.095

income..

Co.,

187,226

52,784

55,275

-

19,191

36,867

.

1,561,066

2,211,987
679,721
192,657

Freiman

(A. J.),
Frick Company,
6% preferred
Gardner-Denver

;

rv.

.

railway—

railway—— i

113,500
124,595

-

income..

oper.

2,321,181

1

2,165,834

870,522

:

/ 275,462

General

Wiieeling & Lake Erie Ry.- -Earnings—

Gross
Net

1946

from

railway—.

from

Paint,

:

1945

110,693

...

$2,427,538

832,118

1,028,380

994,160

117,191;

320,460

298,004

.**'P-'3:-';

:

ll,822,047

10,034,816

790,161

V 4,981,219

3,556,162

May—

'■

from

from

Net

ry.

railway——

railway.——

oper.

$1,617,721

$1,850,781

v

income—

:

205,150
148,150

Net
Net

—V.

from

from
ry.

railway..^
railway

oper.

163,

p.

income..,

3002.

^1.

/

i

2,024,281

9,130,360

8,487,663

1

243,838
V"-

1,110,546
-

•

.

2,460,520

1,589,446

7-151

6-27

7-31

7-12

7-31 ,'

•-

7-19

7-31

7-19

'7-15
,

7-8,

•

8-1

.

7-16

7-15

,

6-27

,

7-15

6-29:

7-15
7-15

6-29

7-15

"A"

(irreg.)__,

__!

common

$1.50

(quar.)..—
Co.

/

(quar.)

6-19

6-19

7-20

7- 5

15c

—

8-1

7-20

11-15

11* 2

25c

—

....

(quar.)
(initial)

1 v-

7- 1

25c

75c

......

——i.';'

(quar.)

7-

7- 5

<

:

25c

.

10-

10-1

25c

.

Inc.

8-17

1
,

8-17;

1

-7-15

50c

8-1

7-26

(quar.)—60o

7-15

20c

(quar.)—-

8-

.

7- 8

7-15

8- 1
7-

9

$2

8-

6 ;

$1

8-

7-15.

7-. 9
8- 1
8-1
8-1

4-26

(quar.)
(quar.)__.—

20c

Barbizon, Inc.
& Power, $4 pfd. (quar.)
Imperial Chemical Industries—

I

-l

•

Houston Light
American,

deposit rets,
Corp.,

1014c

(final)—i—.——

common

(quar.)

,

40c

preferred (quar.)_~——i
:
$1.1214
International Resistance, 6%
pfdr ( quar. )_ •
714c

Public Service,

$6.50
.

"

$7

$6

6-30
'

.

r

7-15

6-28
/ 7-26

7-19
7-19

7-10

I

1st preferred-—-

preferred

(John)

Shoe

—

Corp.--.

—.—-

50c
.8- 1
-—
>
8- 1, —
58 S4c/i:.v8r. 1 /; —
15c
7-31
7-15,

.:

———

Jantzenp Knitting

$5

9- 6

,

1st preferred————— 54 l/16c

1st

Irving
8,850,193
1,304,339

t

7-17,

7-15 f

15c

Hotel

630,234

486,582

From Jan. 1—

Gross

7-31
8-1

.

9-13

$1,997,424 / Iowa

254,558

7-15

7-15'

.

Holyoke Water Power Co.

1944

570,106 "

6-29

8- 1

8- 1

•414%

1945

7-19

t

Engineering Works (quar.)——
15c
Lithographing, 6% conv. pfd..(quar.)
3714c
Holly Sugar Corp. (quar.)
—.V 25c/

1,316,767 / 1,527,366

1946

5-24

7-15

8c

:

8-22'

l^c

Shares

$2.40 conv, preferred

4,873,693

1,550,744

2

Havana

11,236,102

685,527

'

1^

7-15

8- 5

$2.R0 ;f

;

7-

8-17~

7-10

50c

—

(ouar.)__^^—

'8-1'
.

8-15

30c

—

-

7-10

9*

5

:''8-12>
i.--?
7-10-^

/ -8— 1"

.

Great Lakes

336,810.

6,918,323 i

7-

7-15

'

:;

railway..4..
Net from railway.—.,
Net ry. oper. income.—
V. 163, p. 3002.
'

7-10

7-31

7-20

Ltd., new pfd, (initial)_._ *$1.12Va f: 8- 1

Halle Brothers Co., common

1943

$2,215,272

$1,271,101; $2,424,663

railway
oper. income...

Net

7-25

■

25c

(quar.

preferred

Globe-Union,
1944

6-30

7-11
7-10

200 '

...

common

common

1st preferred

.

May—

8-13

8^1

7-25

25%c

General Dry Batteries

942,429

236,025

1

8-13

<

8- 1

preferred

Foundation Trust
?

8- 5,

1

7-15

15c

—.

Fleming-Hall Tobacco Co., Inc.—•
6% preferred (quar.)...—

1943

$447,773
131,659

7-19"

8-15
9-

$25c f

First Mutual Trust Fund Shares—

$269,806
1,957

6-26

8-15

Grain, Ltd., 614% pfd. (accum.)..
*$2
Federated Dept. Stores, com. (increased)—
75c
414% conv, preferred (quar.)
$1.0614
Ferry Cap & Set Screw.,—r—'
10c
Fibreboard Products. Inc.-'
vf'
6% prior preferred (quar.)—
$1.50
Fitchburg Gas & Electric Light (quar.)—
69c

3186.

W

8-15

8-15)

9-

(quar,)..—$1.1214Employers Group Association (quar.)..—..
25c

f

3,321,735

failway.....

6-27^

8-1
/

$1

Dunlop Rubber, Ltd. Amer.—*
American deposit rots, (interim):
Eastern Corporation
Eastern Township Telephone (quar.)

;

6-21'

8-31

Federal

'

5-

7-15

'

1

7- 3 f

"

(initial)— *$1.1214

16,536,365

railway-

8-20

8-31

<

60c
43%c

r

(quar.)

—

3,834,687

Eureka Pipe Line Co
Exeter & Hampton Electric

'

8-1

7-15

$1.05

15,786,957

1,042,105

oper.

from

Gross

ac¬

research facilities,, and for general corporate purposes.
time the company Is negotiating for the acquisition of

2nd pfd.

39,699,586: 38,513,508

Interchemlcal

-

of

.

.

75c '

4,224,674

Wisconsin Central Ry
^Earnings—-

the company-

shares

1.

(quar/)——

16,512,843

.

has

program

7-22

7-15>■

f 7-

9-14

73,834

Gross from

a

approved.

25c

f

41,740,682

approx¬

company

war-time

are

as

7-12.

—

income.

From Jan. 1—

following the cessation of hostilities

subcontractor, and claims

expansion

extensive

ing plant
At

or

with minimum

Plans for

cut

contracts

war

50c.

Dominion Stores/Ltd. (quar.)
Donnacona Paper, Ltd,, new pfd.

3,343,251

703,880

1943

from

Net ry,

>/•>••:>

of

2,923,386

2nd

officially advised regarding renegotiation
31, 1945 and 1946; however, it is expected that if any refunds
required, they will not be material.
.t.
'

Terminations

9- 3

6-28-''.

8-15

1

March
are

25c ":

7-17

1,944,068

—V. 163, p. 3002,

the

23,

been

ry.

Net

year ended March 31, 1944, were
1946, upon notification from the War Contracts
Price Adjustment Board that no refund was
required for the year in/
question.
This represented the third successive year for which the

Jan.

8-15

Nf Y...—f - M
Corp,
15c
Dolese & Shepard Co-._._
f
.
$1

From Jan. 1-4Gross
Net

with

7-10

$1

Manufacturing

$4,000,096

p.

7- 5".
7-10

f 7- 1
; 8- I f

Dodge

1944

from

Net from

authorized

and

conv.

2,068,369
616,593

163,

May—

for

.

shares

Zellerbach, $4

$4,654,847

income..

•

"

20c

1945

railway

7- 5*

;

f

.

••

f

—

$5,326,570
1,839,846
534,216

oper.

8-31

8-31"

1

Discount Corp. ,of

RR.—Earnings-

_

7-10 "

7-19

15c.

'• -

,

7-10

8-

$1.1214

Co., common——.—.
(quar.).,——

1946

railway

7-15

7-31

,

Renegotiation proceedings for the
cn

?'

-

Western Ry. of

stock¬

share

one

v

the

company

exception of 759 shares which
concluded

« 1943

805,884

290,262

7-15

.

7-19

—

$7,947,650

3,466,998

461,016;

-

National

$2,925,113

oper.

from

—V.

Co., Inc.;: in accordance with i the provisions 6f

time

present

1944

'

6-20 f
6-27 :

!

13c

;

—J

'

,±$) f

Press,: 314%f preferred (quart)—..—,
8714c
Co., preferred (quar.)_'„*.
$1.1214
Davenport Water Co., 5% pfd. (quar,).^.._
$1.25
Dayton Rubber Manufacturing, common
20c
$2 Class A (quari)_^.i_u.—
50c
Delaware Power & Light Co..
25c
Delaware Rayon, 7% non-cum. pfd.
(quar.)
$1.75
Dentist's Supply Co. of N. Y, (quart>_..!/—*:
25c
Detroit Casket & Manufacturing, 6% pfd.j,^ f ■' -200

:'

$7,956,435-

■

-

f

25c

....j

railwayrailway-

from

Net ry.

for which

*$1
>, .;•>/

-

31,335,121
5,305,139

from

from

Gross

Dodge

that

of

to

The

agreement with that company.

At

1945

7-20

8-15

$4.20 preferred (quar.)—

From Jan. 1—

proceeds of this sale, after deducting
$43,318
of
expense
of
issuance
and
distribution, were $2,640,097.
This stock was sold to stockholders or to purchasers of their
rights,
except for 1,707 shares which were unsubscribed, and which were
Bold

,

$8,819,840

751,404

r

May—Gross

Net

*40c

Curtlss Candy

76,243

-■.■"-IK-.1.--

-

1

7-15

<-

...

2,529,330

Western Pacific

Mutual

among
other things, for
of
$420,000 between

8-

'>/7- I

—-

,

income

of

Co.

Chemicals, Inc. obtained net assets of $2,280,000,
Including goodwill.
The
entire
amount
of
goodwill,
$81,229,
was
charged to earned surplus during the year.
In March 1946, 62,405
holders

137,178
57,682

..

7-15

23c

—

95,743

.

8-17;,

1-15

31'/4C
.

200%

12,923

61,741

1:

9-

8^1

*62Vac

.

7- 3

8--1

•

$1.75

;

Crown

626,906
157,630

1946
$6,024,057

,

railway......

oper.

Xight, 4%

.......

Industrial

shares

j

~-V. 163, p. 3001.

15, 1949 and Dec. 15, 1953, and the annual amount of
$480,000
between June 15, 1954 and June 15, 1960.

ration.

ry.

30c

"25c

■

Coro, Incorporated (stock dividend)—.—..
Corn Exchange Bank & Trust Co.. (N. Y.
"Quarterly.
——j.
*——.C.—v.,
Crown Drug Co., 7%
conv."preferred (quar.)

$112,304

16,612

7,996

'

7-15

-

'

(s-a)

com.

Cook Paint & Varnish, common
$3 prior preferred (quar )

1943

$109,762

631,886

RR.—Earnitigs-r

FrOm January 1—
from railway

Net

7-23

—>

(quar.)—:—

7-12

7-22

.

8,989

♦5,628

Gross

amount

Dec.

Capital

,

.

545,794

38,016

from

Net from

8-

$1.50
7-15
6-27
Co.__„i;.—'« il5c
8- 8
7-25
Conn (C. G.) Ltd., 6% Class A
pfd. (quar.)
f $1.50^7- 5 « 47- 1
7% preferred (quar.)—'$1.75'-7- 5;
1- 1Consolidated.Grocers Corp. (initial quar.)—
25c
"7-25
'7-10.
Consumers Gas Co, (Reading, Pa.)
(quar.>.
30c
i
9-16
8-30

163, p? 300»

May*—

-

7-15

,

Cuneo

railway..__
Net from railway—.
Net ry. oper. income..w

number

average

Wabash

(quar.)

common

Foundries, Ltd.,

preferred

Conduits

it

556,421

-

income.—

♦Deficit,—V.

6-17

1
8* 1

(resumed).

is

that

♦17,370

railway..^.
Net from railway^—«

Net ry. oper.

Iron

Concord Electric

■

sinking fund notes.were sold

of

Insurance

sinking

1945

7-19

1

of

Co.

(quar.)—.

f 6%

'

15-year 3%

the

New

and

opinion

1945

15,406

from

Gross

Net working capital aggregated $24,275,547 at March
31, 1946, as
compared with $11,909,007 at March 31, 1945. This increase of
slightly
more than $12,000,000 is
largely attributable to the proceeds from the
sale of 15-year 3% sinking fund notes in the amount of
$7,500,000
and the net proceeds from the issuance of
122,405 shares of capital
Stock. ;

In

1946

1

10c

Commodity Corp.' ( quar;)1.

$31,804

$103,934
11,295

$55,897

Co.,-

Colonial Mills, Inc.-—

From Jan. 1—
Gross

'■

not

the year.

year were $4.29.

//

railway....

railway

Net ry. oper.- income.--.

1945.
Of
shares presently outstanding, 60,000 were issued June 1.
62,405 were issued in March, 1946, just prior to the end

and

and

8-

7-

1714c

——

Coca-Cola Bottling Co.! of N. Y.
-

31,

the number of

1945

froni

from

*

compared

as

Earnings for

shares

1946

'7-^5

8- 1 "

•

,

pfd.
Chase Candy.Co. (quar,).....,
Chicago Yellow Cab.^—

Ry.—Earnings—

May—
Gross

,

&'Mortgage Guaranty

Central Power &

land

1946

presently determinable, the management is of the
will hot be material.—V. 163, p. 2343.

Chemicals/ Inc.—Annual Report—

•The corporation's annual
report, dated .June 27, says in part:
Sales for the year ended March 31, 1946, aggregating
$48,182,081,
were
the greatest in the company's
history.
These sales exceeded
those of the previous year
by almost 20%.
all

$32,728,658

-'-$1
$1.25

Central Electric & Gas (Increased
s-a)
Central Hudson Gas <fc
Electric, common—
f'f 414% preferred (quar.)—

97,821
17,544,996

not

for

.

Net Income

;

1,754,834

:

•

and

.

1945.

Utah

U. S. Industrial

'

*

7-12

*

7-15

$2.50

-.
-

V

,

.

In

2,943,376

•

^Represented by 500,000 shares in 1946 and 391,238 shares
in 1945. KRepresented by 759 shares in
1948 and 14,402 shares in 1945.
NOTE—WhileTthe effect of the possible renegotiation of war con¬

$6,257,255

.,

2,726,801

7-23

40c

^

,

Wallpaper Manufacturers, Ltd.—
•v Class A (interim)—...^
Class B, (interim)..

$531,489 in 1945.
tAfter
for depreciation and amortization of
$15,751,072 in 1946 and

reserves

reserve

reserves

and

i

91557

" •

6-20

6% non-cum. preferred
(s-a).
*30c
8-15
;
Canadian Bronze.
Ltd., common (quar.).
*37140.
8- 1 :
5% preferred (quar.)__
—»,
*$1.25 ff 8- I f:
Canadian Food
Products, Ltd., com. (quar.)
*1214c
10- 1
: $L conv, Class A
(quar,)—
*25c
' 10- 1
Canadian

~

of

7-1

6-29

,

pfd/ > (quar.)-._».

Co.

.

Electric

Canada

"

9,680

^

• After reserves; of. $568,724

8,235,844

•After reserve for doubtful accounts of
$21,000 in "1945 and $20,000

•

7,500,000

7-15*

1

7-25
7-15

$1.75

$7 preferred (quar.)_»—
Blue Ribbon Corp.,
Ltd., 5% pfd.: (quar,)—
Botqny Worsted Mills. $1.25 pfd. (quar.)
Brockton Gas Light Co.—
^

982,939

:

pond

Birtman

2,675,355

I

1.140,497

lnsurance..-^^.^.^..^

—

-,

$26,283/443

l,929!o07

lost tankers.)

4,103,730
1,405,355

,;-5;Total,^—-.4-——ii^^22,44Q, 130

Z.IIIIIIII

Rubber

America, common
Belden
Manufacturing Co.

$2,725,265
282,627

374,431

—

&

Bankers

1

7^./'$3,537,421'

8-

;

5c

preferred

Baldwin

1,996,000
652,912

j

20c

:

,

-

treasury,- at cost

>788,600

1

•-

§Common'stock (no par)_^___
Earned surplus from
April-1, 1940.—
tIStock im

400,000

8,873,132

♦

excess

926,878

'

in

in

1,996,000

: 7-17

8-14

Wiborg Proprietary, Ltd.-r*.
;
'
: :
5Mi% preferred (quar.)—
I.t$1.37ya '
Aviation Corp., $2.25 conv.
pfd, (quar )
5614c -

1,800,850

1

Reserve for hurricane

150,000

430,000

—

<

tNot

Ault

8,993,454

licenses

7-31

1

9-

v 8- 1

25c

...

Atlas Powder Co., 5%
preferred (quar.)
Augusta & Savannah RR. (s-a)—

9,703,702

822,447

(monthly)

Atlantic^ityi Electric^ 4%

3,964,517

10,976,622

*25c

-

.

2,000,000

3,142,989

7%

7-31?.

Extra'
i..—.i.-...
":
50c
7-23 '
7-12
Anglo-Canadian Telephone, 5Vit%
pfd. (quar.)
*68%c8- 1
' 7-10 /
Appalachian ElecrPower, 4V2%
pfd. (quar.) ?'81,12W<t\ 8- 1
■
T- 5
Arlington Mills (quar.)—
—$1
7-157- 8

$3,617,222

9,000,000

Products

-r^

;

-

(initial quar.)

Hydraulics, Inc., preferred,
Products, common

,■

-

8-10

-

'

S;

12,653,686

>

87Vic

7-12

1

8-

* s.

i

—

(quar )____
Anderson Clayton &
Co, (quar.)

——$45,978,851 $32,728,658
x4-

_v

597,000

cum.

1944.

$6 460 228

—

items—..

and

book- - value

1,182,442

preferred stock (par $10Q)--w—788,400
(par $5)—J 4,103,730
Capital surplus:
;—
1,405,355

In

■

15-year 3% skg. fd. notes (dated Dec.
15, *45)
Miscellaneous liabilities
...i-.L............
Reserve for
contingencies
Reserve tor- replacement-of
tankers '(excess^of
i insurance 'proceeds
over net

2,570,103

Common stock

of $303,742

i

receivable

LIABILITIES—Kt&X*

55s

578,356
920,380
2,366,335 >4,851,045
'74,999
/• - 78,942

'

Res, for

war

accounts

Federal Income and
other taxes.

$1,000,000

528,612

Accrued tax rolls and vacation
allowances
Accrued local, State and Federal

for

and

Dividends payable

1

816,176

$22,440,135 $26,383,442

—

Advance billings on
contracts--——---——,.

Reserves

,x

1945

;

Accounts ^payable

5,275,961

411,369

!..

Accounts payable-

/

Total
7

IIABILITIES--

.

Notes payable

A;/• C;'

Government obhgations at cost

Patents

1

5,222,374

Referred charges
:

1946

o/ Bee.

S

:27'/ac

American Maize

*$4.48

r

an<* amortization

—

998,362

—

fFixed assets (net)

preferred

American

$4,037,433

t$3.67

BoMm

Payable

Amalgamated Sugar, 5% preferred
(.quar.)-"/12%c
American Colortype. 4ya%
preferred
^
38c

847,881

.

^Investment in foreign
company———___
Postwar refund of excess
profits tax—
—"
Patterns

-4%

$4,885,314

$4,758,131

Inventories (at lower of cost or
estd. mkt. val.)
tFixed
assgts (net)
'
Investments (at book
value)
Fund for
replacement of tankers—I—I_II_—I
Prepaid expenses and deferred

7,502,087
9,932,349
6,164,825
10,154,838
Crl,747,102 Cr5,069,403
/ —
;
115,734

——

uncompleted contracts—.

1

preferred (quar.)—Aluminum Co. of Canada—

81,229

year

;

Notes

!

29,029

—

—

on

1944

$3,030,395

S 1,601,586

refund bonds—

Other marketable securities—
•Accounts receivable (current)—!
Inventories 1
———
tBilled

/.

1945

year

7%

:

CONSOLIDATED BALANCE SHEET, MARCH 31

ASSETS—.
u. S.

$3,249,966

.3,194,519

$5,869,045
1,029,685'

during

Alloys, Inc.—
V $1.10 conv. preferred
(quar.)_.—
Allentown-Bethlehem Gas^
~

$1,690,795

4,037,433

year

When

Share

.Name ol Compang

<

Acme Aluminum

1,675,000

;

are::"!';;/-/
iFair

'

Charges for the years ended
1946 and 1945
aggregate $1,135,688 and $1,095,131, respecz ^;V*.* «-

Casn

.

$3,605,020
239,225

/

,3enefit resulting from excess
profits tax credit carry-back
of $100,000.
tBased on 499,241 shares
outstanding at March 31, 1946.
*Based on 376,836
shares outstanding throughout
year.;

$2,754,517

55,202

———————

'■

$1,831,612

the

given

'

-

•

-

The dividends announced this week

American Home

,

ASSETS—

$3,133,709
477,097

/

♦825,000

;

Balance surplus end of
share.

1,641,492
1,641,492 r 1;641,492
per common share—
$2.79
$2.80
"
$3.29
•After postwar refund of
$229,700 in 1944 and $510,000 in 1943,
.>

Cash

beginning of

Earnings per

dividends

Earnings

■

—

surplus

Write-off of goodwill
acquired

1

55,198

.

declared.:

$2,804,140

/'%: 800,880

income-

on

Income

Balance

...

$2.341,861,, $2,350,351

i'____

__—

v'

200,000

v

Crl26,000

dividends

m

225,000

30,000

———

Net
;

1,500,000
4,590,000

excess

profits credit
.Net profit

165,000

1,503,000
2,067,300

—

unused

--

177,754

305,000

92,000

'

———-I-3IIZ-—Z——I-1

$9,091,762
v,

1,407,000

tax—
♦Prov. for Federal exc.
profits tax„

Income l:;' V:'

charges

■

Prov. for Federal
taxes

$6,285,651' $9,269,516

$4,049,861

V. Gross

39,727

$6,111,745

2,710,262

$2,706,087

Income

second table in

a

under the company name in our "General
Corporation
and Investment News
Department" in the week when

$5,514,402

427,622

_

124,789
•

Provision lor

$6,407,135
3,701,048

expenses

675,000

685,465;

$3,925,072

for State income tax
for Federal income

Provision

42,349

—

'

Provision

51,435

• ■

follow with

we

many cases are

7

administrative

:

298,264
1,242,994

1,427,970

',V

'S...

——

Other income

208,781

164,648
1,779,191
U 648,079

for

Balance

and

575,033

555,269

,

franchise taxeSi^i.,—.—
Selling & administrative expenses—

Jtu

sales

on

general

»

capital

stock &

Prov.

Selling,

1943

1944

^assets l—611,076
lor

Prov,

•

Gross profit

P United Engineering & Foundry Co.~Annual Keport-r

Then

which we show the dividends
previously announced, but
which have not yet been paid.
Further details and rec¬
ord of past dividend
payments in

.

;

151

would

to 50%.

Reduction

payable and accruals, $1,414,142; dividend
provision for Federal
and
State
income
taxes,

the

which

from 25%

'.LIABILITIES—Accounts
payable,

of

preferred

Mills, common—.
(quar.)——„

Jersey Central Power & Light—

-

,*:X
^

15c
8- 1
7-15
$1.25.9- 1-/- 8-25
...

*' ,1

;//;•'

Wl** preferred (initial quar.)—.———

$1

'

8-1"'

7-10

152

THE COMMERCIAL ,&

-J.

•

./■:

...

When

,•■!/■•
Keith
$2

Nome of Comvana

(Geo.

Kennedy's, Inc.,
$1.25

conv.

'

<50e

j.

Xow-Priced Stock Fund
Special ■

(s-a)—.—.-

S4

_

■

/

Lazarus

(F.

&

R.)

Co.

!

,

:6-28

6-2Q

8- 1

$1.50
50c

9-

Abraham

50c

Inc. (quar.)—

9-

—i—4—;

20c.

,

200%

(stock dividend)

Corp.

Strauss

(quar.)——- :B71/2c
/.AA—$1
———

25c
''
'

.

'Extra

Bond Fund

(quar.).__—!.—V

,7-10

•

^Massachusetts Utilities Associates—-

.5%

,

partic, preferred

(quar4—,

■

■

••

>,.

,

-i-—i---—" •

■'

'

.$6

jst' preferred

(quar,)*.—*

CO., Class A (initial quar.)-J
McDonnell Aircraft Corp. (quar.)

1

7-15

i

r.;4%. preferred

(quar.)

7-19

1

7-19

Corp.

7- 1

6-25:

8- 1

7-15:

:25c

7-24

7-10

Li

i

National Distillers Products (stock dividend)

200%

National Manufacture & Stores Corp.
(irreg.)
National Pressure Cooker Co. (stock dividend)
New. Bedford Gas&Edison Light

$1.50

conv.

Corp., common (quar.)

preferred

(quar. )

Engineering^
NortWesiefn States PoTtlarrd'Cemeflt (quar.)" *■
-Extra

5%

.'——1—1

-r-

Nunh-Bu^h

Shoe

"Cd.l

40cV
<*.40c

-

_

preferred

(increased)-.-,.—"

Pacific Coast Co., $5 list
preferred
Pacific Lighting (quar:*)—
i
Pattffic Portland Cement, 6% %-pfd.

10-1

;

$1.25i'
$125

Z.

Pacific Public

Service, $1.30 pfd. (quar.)—
Patino Mines &
Enterprises Consol.—

(interim)-

32Vac

-

'8-1-

pfd.

Semi-annual
;

Rhode Island

Insurance

(stock

.Extra

7-10
6-28

7-20

,6-28

$25o

8-15
7-12

7-;

,5c

7-25

7-3L

8-

1

50c
5c

Seaboard

Finance Co.
Leather Co.—,

Seton

Company, Class

(increased).

7-5

8-1

ioc

Southern

California Edison, Ltd.
Spring Valley Co. (liquidating).
Springfield Gas Light (quar.)__

1

9-

$2

:

•

'

,40c

45c
5%
/

60c,
20c

•

'

:

United

deposit receipts

U, S. Guarantee

Co.

of

(interim)——

preferred
N.

•

v

6-20

7-31

7-

preferred

(quar.)—

$4.50

preferred

Bon .Ami

10c"

1

$1.75

1

$1

...

Machine




7-23

-9-30

-8-1.
8-

7-10
7- 9't.

Bristol-Myers Corp*—

ioc

8-20

.•7-20-

.7-12

6%

7- 3*

^

1

9- 2

6- 2

7-30

7-15

'

7-15

$1.06%

Burkart (F.)

;• $-1
8-10.

; 8-10

25c

9-14

25c

10- x

^

••7-l5:"J
7-25

7-25

r

8-15 r

9-14

.

:;v .15%!

8-22

:,7-25

7-

5

•
.

7-15

6-17

JlOc

745

6-29

$5c

7-15

6-29

17 %c

7-10

7-

20c

7-10

7-1

35c

8-

1

7-5

7%

pfd.

1

7-lS>

6-29

8-15

10c

! $1

(accum.)

(Toronto)

>31

—

River

9-15

9-10

$$1.50

Passumpsic

12-15

12-10

$3

8-1

7- 1

2

8-15

RR.—

——

River

6%

Power.

pfd.

$1.50

(quar.)_

9-

Dearborn

Corp.

8* 1

(quar.)

6-29

745

$3

7-15

7-15

'SI >

.$$2

.

6-29

1

7-15

8-

7-20
7-27

:

7,20 :

'

7-15

.

7-25

40- 1

/

,

;

.

Cribben

4%%

7-15

7-31

7-15

20c

8-1

7-15

>6-20

'-8- 1

:
1

"

.

-

1

6-17

v

7-15

__

7-

7-15

6-25

7-10

•6-29

9-1

.8-15

Decker
•.

'

""

"

•"

\

7-30

l'-";

8-

1

8-1

8-

1

7-

/•

Detroit

-

7-15

7-'5
5

7-30

$-15

.

:!

2

7-15

7-

/

9-30

t; 9-18

J30o:

■

r

7-12*

7-45

•

7-15

7- 2

4-15

7- 2

12-24

12-14

$1.12%

;

;

ioc

—.—.

common

common

(initial

(initial)

1

7-20

.*7-20

'7-10

,20c

..

25c
3c

8-

(Alfred)

&

Cohn

V":

(quar.)

'

Yards

'

.

;

6-29

7-20
:

17%o;

7-

2

7-15

25c

1-20

•

25c

i-xoL

7-10

:25c

10-10

'

(quar.)——————.

Stock

7-15

'

—

'■

stock

Union

'

$lc
:

quar/)-

:

$2

8-1

7-22
8-15

•boc:
;

9-1

30c

7-15

6-28

25c

(Colo.)

Edison. Co.—

7-25

7-10

7-15

>"•'5

8t15

A- 6

•

Gasket

Detroit Steel Products

Dewey & Almy Chemical,
Diamond Match Co., 6%

9

' 7-10
-

'

Mfg. Co.—1.—L-i—l
Detroit Michigan Stove, new com.-(initial).
5% preferred (quar.)—
i

"

!7.-10
^

■

Press, 4nc;, -new

deb.

'/' Detroit

7-31

8-

»

•

"7-15

8-15

'//:.;'25C "/
$50c
30c

48uarterly

-'$8

6-30

1

6-

••

Denver

7-1:

.

Corporation—

Dennison Mfg. "Co.—

...

7-15

"

28%C

(quar.)—

'

8-1**7-8

:

CaldwelliLinen'Mills! Ltd.,/common-(quarr)-'^^$25c
$1.50 1st preferred (quar.)
-t38c-"
,* 80c 2nd partic-preferred
(quar.t20c
California Electric Power, $3 pfd.
(quar.)
75c

'

6-21

7-31

"

4

New

8- 1

$1 ! '7-15

Butterfly Hosiery Mills,'7% preferred (s-a)-4*1 $3%%
Byers (A. M.) Co.,.7% preferred (quar.)—-/- -$1.75
Byron Jackson Co. (quar.)
:
:25c

7-15

,50o

Abbejr''Co..——.
Davies Petroleum, Ltd.—
De Vilbiss Co., 7%' preferred———.——

6-29

8-

6-21

7-25

Cypress

7-1

7-15

t40c

6-28

*

•

.7-15

7-15

•7-15

.65c

Cunningham Drug Stores.—

6-28
1

/

1

$1

$1.75

(quar.)—i

common

Common •,(s*a)—.

Cuneo

8-5
7-

Co.—

convertible preferred

8 % ^preferred (quar.l.——~

:! Culver

7-15 "

7-15

'

■>

93%c

!>!;/

"7-TO

8-5

8-20

$1.31%

.:■/:

Cudahy Packing Co. common (quar;)!.—
4% %
preferred- - (quar.) ——.—....

-6-20

J25c

'i

6-28

7-15

,

Sexton

8-20

7-15

SOo

",/;,

—...

Co.

Crum & Forster

7-16 !//7- 2
7-19

_

&

8-21

'6-29

9-

30c

•

Crown Cork & Seal .Co., "Inc. (quar,)...,../—
Crown 'Cork & Seal Co., Ltd! (quar.—

*

7-31

35c

"

Co.

(irreg.)
(s-^a)

(6-18

1

7-15

$1

...

—

7-15

22V»c

.

& Electric

(irreg.)..—.——
Com Products Refining Co., com. (quar.)__
7% preferred (quar.)—.
Cornell-Dubilier Elec.. $2.25 pfd. ser. A (quar.)
Creamery Package Mfg
(Increased quar.)

8-16 "

_$1

,7-15

50c

(quar.).

.i.—...

Gas

Copper /Range

6-29

60c

»

6-18

quar.)—.——

.Extra

Continental Insurance

6-29

>9- 3

.

7-15

——

42%c

-,

6-28

$$1.25

(increased

5

(Increased

7-10

7-15

.

8-4

25c

/

*7-10
7- 8

82%c

.

$1.25

(quar.)—

15c

Continental

6-22

16c '

.

preferred

t75c

9-10

7-15

^20c

;
......

$5

Consolidated~Paper~Co. Tquar.).——

7-10 ;

8-31

$1.75

(quar.)—!-!..—1-

(irreg.)__r—

•

Consolidated Royalties, 6% pfd.
Container Corp. of America—

.7-1

8-1
10- 1

56%c

commoh"(quar.)__-«

Mfg.-Co,—
n
:/r /-Stock -dividend !>•>■'/'

^

—12%c

Inc.

$$1.25

Co—

8-31 '

.

Columbia Power, Ltd., cl. A;
(quar.)
Columbia Telephone,, 6% pfd,
(quar.)

Burdine's

6-17

—

Gas Co.,

Canada! Ltd.

.

*

7-20
7-20

.$45..•

•:•;

7-10

7-1

7-20

,

10-1

~-

*

7-20

jponsolidated -Mining: At Smelttog; Co! A$

10-1

■<

u

•

6-20

8-15

$1.25

(s-a)

Connecticut

35c

"

-

(quar,)-.;—:

,

-

1745 ;

,

$1.25

(quar.)_

&

pfd.

*

$25c

>

(qugr,)^-3./w.-0

1—

\
partic. preferred

r

8-15

10c

$1.50

12 %C

60c

t

r-

-

*

/

'$1.12%

—

7- r8

^

99c

Consolidated

f$1.50
Broadway Department Stores, 5% pfd
..£/ $1.25
Brompton Pulp &-Paper Co., Ltd. (quar.)__
" J25c
Brooklyn Union Gas (quar.)
40c*
Brown Shoe»ComDanv. $3.60
pfd. (quar.)
/
90c/!'

1

/'■ 5c

—

British

7-10
11-1

'6-21

25c

:

$1.30 preferred (guar.)-——

British

7-20

12- 1
$-12

$$1.50
Connecticut

$$1.75

Brantford. Roofing Co., Ltd.—•
y
Hydraulic Co. (quar.)

*9^61
; 7-10,

25c

7-10

—

(increased)

common

7-4

,.

(Los Ang.)—

Edison

H.)

(N.

7-10

$25c

—

(quar.)—
Elec.

:.7-15

•;

37 %c

(quar.).

//..Class. B.-:(quari):.-!—

3%%

I: 7-15

$1 partic. pref, class A. (quar )
—...
Consolidated Car Keating Co. (quar,)__/___.
•.■•//'Extra' -•

Bridgeport

6-29

•

—

———1

Woolworth. (P. W.).& Co., Ltd.—
Ordinary (interim)
American

Canada

class A

5-28'

7-15

'

;

;

7-17"

7-10

1

$1.75

^duarterij!—

■

1

$$1.50

-

Borg (Geo., W.) Corporation-J;

,

1

8-

6-29

t$1.75

Jquar.)»

common

Brantford Cordage Co.,

7-17

8-

7-

" $50c

:

7-29

9-

8-1

10c

V;

7-15

-100 %

(s-a)-*—

8-

,7-9

25c

—

9-10

20c

Brothers

k

•:

12-20

6-29

"

T___-

Saco Water, (guar.).,.

Blumenthal <Sidney),
7% preferred

,

1-2-47

7-15

Boston Edison Co. (increased
quar.).
Boston Personal Property Trust

>

(increased)

(quar.)_

preferred

1

11-

.2-7-47

$3

Confederation Life Association

.

8-16

50c

(quar.)—

Yates

8%

f

Consolidated Edison Co. of N. Y.—

.7-12

50c

——

(initial)—w

(quar.)

;/7% /preferred

-

;8« 1

11-15

$1.75 2-15-47

Combined Enterprises, Ltd., 5% pfd. (quar.)
Commercial Alcohols Ltd., 8% pfd. (quar.).

12-10

—37%o.

preferred (quar,)—_^.——-

Co.,

8-15

$1.75

7-15

•

Belding.-Cforticelli, Ltd.,

6-10"

1

$1.75
t

■':/»;Uommon/?(quar4!!i(.«!-^!—«>«

6-29

-

8-15

8-1

8-10

.

»60c

.

8-19

7-20

25c

Ohio

Commercial Discount

6- 6

4;
'

(s-a)

common

So.

7-19

9-14

$XM

<s-a)———
Collins & Aikman, 5% conv. preferred
Columbia Gas & Electric, common
6% preferred series A (quar.)
;
-/Preferred 5%
series (quar.).,
&

6-28
6-20
.:'

7-15

m 50c

'£———

preference

7- 4

..

1

.';8-

/•-.>;' ! $2

(increased)

;

^7-U*
r

7-15
7-10
8-

25c

pfd.

Cockshutt Plow Co., Ltd.

5%

■

_.50c

(quar.)

Manufacturing (irreg.)
Clinton Water Works. 7%
pfd. (quar.),
Coca-Cola Bottling (St. Louis) (quar.)

-

(quar.) —J—•'

7-31

8-15

10c

Clarostat

Ltd.—

Co.,' Ltd., common
preferred (quar.)—

Bloomingdale
'

Co.,

•*•■

9c

'

7-15

,

Consolidated Chemical Industries, Inc.—

-

8-26

7-15

7-1

.

Biddeford &

$-15

-8-4

6-29

7-23

Biltmore Hats, new common (initial)—$17c
$1/Class A (initial quar.)^1-—
.
$17c

10- 1

A

Commonwealth

7-18 *

7- 3

40c

r

t$1.75

r *

(quar.),.

7-12 >

(quar.)—^37%c

-$4.25

Inc.

.«

>

7% pref. (s-a)

6-15'

6-24

8-4

•

4%

RR.,

Co.

preferred

Stores

Class

7-15

8-

6-29

66 %C
-

37%c

-

Berg (Russell) Fund (irreg.)——
Best Foods, Inc. (increased)

9*

2nd

8-16

(accum.)$4
:

Bell Telephone Co. of

<

Utilities

7-31

_

(quar.)———

9- 3

,$6

——-

Westmoreland,

-

5

7-2
7- 2

7- 2

75c

Inter-Term.

8^26

10c

Mortgage Guaranty.

5

7-13

7-15

(initial quar.)—

7-

.7-

/ 6-28

.

7-15

35o

——

Concord

7-31

$1

Washington Gas Light Co, (D. C.)—

,

City

6-28,

7-20

7- 5

'7-21

.

5c

-7-15

1

1

(initial)
Fund, Inc. >(irregj

(quar.)--.-.---..,,^. $1.50
Steel, 7% jpfd. Cquar.)_
8%c

1

8-

'

Community Frosted Foods Co.—
1st participating preferred
(s-a)

7-

>8*29

25c

Inc.

7-13

7-20'
7-1'

7-15

*7%

7- 5

10- 1

9- 3

7-15

7-15

7-31"

13%c;

;

Y

iWabash-Harrison Corp! (s-a)——
"Walker &
Co., Class B
,-L
.Warren Refining & Chemical—t

Westinghouse Air Brake.^

Z

f vt7«* 8

l-2r47

9

6-29

9-17

40c

■

7-15

30c

7-

7-15 :

15c

7-26

8

9

7-31

10%

6-29

_

6-28

7- 9

,

7-31

25c

•

7-31

—

10-21

7-

25c

37 %c

Extra

7-31

BrummeH Ties
dividend

7%

7-31

•

Stock dividend

7-10

(quar.).

•

1

Inc

Universal Winding Co., common
preferred

'Common

A

'7-15

12 %c

7-20

®

41-1

7-25

! City of Paris Dry Goods— /
7% 1st preferred (quar.)
! 1%
1st preferred (quar.)
7%
1st preferred (quar.)

7-20

*

8- 4

.

$1

40c

50c

common

$1

50c

7-21

9- 3 m

preferred

9-20 V

7-15

10c

...

(quar.)—

•

15c

87%o

—

United Shirt Distributors,

&

-__1_

"!

20c

5c

Co

7-10

10-1

_

—

$1.13

Manufacturing Co.
Wilcox

25c

,

$1.19

Citizens

7-12

1

7- 5

7-20

A

.5c

_

4——j.

,n

r

«6-22 J

8-T

,7- 1.
h 7- .5

7-19
7-19

/—:———,

Columbus

$1.50

,

25c

(quar.)—.
preferred (interim)

Paperboard, -.6%

Fe_

7-

1

United Molasses, Ltd.—
American

;

;

..

,

$1.25

—

9-20

6-1

-■

$$1/
$$1

(s-a)
Cincinnati New Orleans & Texas Paoific Ry.
5%
preferred (quar.)

•■■'fi-oa.:

)

8-

(quar.)

9-20*

10-1

$$2

1/

8-

1

10-

.

Cincinnati

,

Corp,, cominon (extra)«»iL._.«

preferred

7%

United Cigar-Whelan Stores—

Growers,

A

25c

—

'

preferred

_

$1

11-25

8-15

Kansas

Chemical

-

of America_____________

i$3.50 conv.

90c'

-

11-23

12-15

$$1.25

Corporation, common (quar.)—
Extra •,————...—'

Chasers,

•

8-

12-15

$15c

Chrysler Corporation

8- 1

22V2c
'

Ry.
"

'9-20

7-22

$1.50
;.$L50

quar.)____.

Class

Mills, common
preferred (quar.)—
&

$15o
415c

"

>

——

Stock

•7"e'

J8- i

•

300%

-

United Grain

(initial

7-15

f

V$1

Timely Clothes,

Co.

25c

(quar,)^

Beaver Lumber

,

j,0c

—

7-17

7-15'

-,s!T!.'V/ !

;..'

2%

Store Investment Corp.—
4%% preferred (quar.)__——
Chase National Bank (N.■ Y.)-(quar.)—_;

,.30o.:. .<7tl5-•1:::7->15.

(quar.)

Ohio

'7-20

•

:

pfd.

preferred

>A.

'7-20-

»8-1

"

8-

i*

6-28

Chain

-,■.......

(s-a

Baystate Corp.
Beau

•

7-25

6-14

',7~;8>.

A

8H7'

10-4

•

Co., 3.60%

Topeka & Santa

Class

6-27;

8-31

15

•4

—

Molded Products..
Chicago Wilmington & Franklin Coal
Chickasha Cotton Oil (quar.)

8- 1

;25e

(quar.)'__—"

Bathurst Power & Paper Co.,

-

i 75c

'

—II

———

"Taylorcraft Aviation (stock dividend)——
Teck-Hughes Gold Mines (interim)—
Thatcher Mfg., com. (stock dividend)
<$2.40 conv. preferred, (initial
quar.).

'

*

6-24"

"7-15

25c

—

united Biscuit

5

7-20

7-25

•

40c

Suburban ..Electric-Securities Co.—
"!**
'."$4,2nd .preferred (quar.)
———
Sunshine Biscuit (irreg.)—

Transamerica

;50o

common—^

Barber-Ellis of Canada, Ltd.,
Bates Manufacturing Co..;

6-24

8-15

•31

—

:

.

—

Inc._—
Corp. (s-a)

8-

7-15

1

7-1

.

37Vic
;

^'Common

Tampax, Inc.
Taylor-Colquitt Co. (quar.)

"

(quar.)

Bartgis Brothers Co.—
6%

5*

7-

t$1.50

$$1.75
$10C

Chicago

^:7-15/

_53V»o

/'.

—

Clinohfieid

v-Extra

/',>//

7-15^6-29

6-27

3

6-29

6-28.

Power,-4%% pfd. (quar.).
Central Ohio Light & Power (initial)——
Central Republic -Co.——

.

.

Bankers Securities Corp.—
"
6%
participating preferred

6-27'
8-

45
•31

Ry. Co., 4% pfd. (s-a)—
Wallpaper Mfrs. Ltd. Class A

B

'Central

.

7%c

B

Bankers Bond

6-30'

8-15

$1.25

Cable

Baltimore Porcelain:

'

Standard ^Fuel Co.; 6%%
preferred^—:4$l.io%
Sterling Brewers, Inc.—
25c
Stetson, John B, common.
A—„3qc
l'8% preferred (s-a)——
Stott, Briquet Co., $2 cohv. preferred (quar.)
:50c

'Extra

1

7-

15c

(quar.)

-

_

v

quar.).

7 % preferred (quar)
Bangor Hydro-Electric Co..

7-19

9- 3

4:19c

.

1

f 7-

J$1.25

common (quar.)_—
(quar.)———

•>. 9-16

•

7-15

Baldwin Co., ,6%

7-8

8-

$30o

Gas Co.,

preferred

1

7-20 ?

45C

Atlantic

.5%

8-

-

25c
50c >

.

*$l:75

7-15

$4.50

7-16'

ft 7-15

*6-29

$15c

preferred (quar.)
Aguirre Associates -(quar.)
Central Cold'Storage (quar. )^—
Central Investment ,C°lP. (initial)—-—

}: -7- 5.
c !9- 6"

8- 1

Babcock

75c

7-T

'

i$$iJ5b

Central

6-28

.

3c

Axelson

2

7-16

B

7-15
/ '7.-15

7%c

9-10
'7-

•15

5%

.

7-15

-

Auto .Finance

:

$1.75

(H.) & Sons, Ltd., common
(quar.)„
5% preferred (quar.)—;——
Southam Co., Ltd. (quar.)——

'7- 4 '

8« 1

.

i:25c

(quar.1

common

Avondale

1

7-31

Extra

,

1 ;7-JL5

-

xm
7-12-

9-20

,250

7-15 1

:

■

>8- T

-$2.50

Class

7-31

—

7-1

Corp.,

Financial

Atchison

7-

8-1

7-31

$$1.50

!

.;/-:7*I5

Celotex

6-29

"

Co.

7-15

40c

—

7-15
7-15

*

Astor

7-20"

7-12

6-20

6-24P

1

8-

$18%c

-•,

—

8-31.

■Art-Craft Briar

1,

25c
-

&

convertible

7"

50c

Simon

South

4%

7-10

25c

Extra
l_
Saginaw & Manistee Lumber Co.
(irreg )___
St. Louis. Car C6:» 7%
preferred
Scranton.Electric Co. (initial)
;

Wire

preferred

7-10

13c ;

:

1

6-20

.'

7-15

480c

—

6<«30

-

Atchison Topeka & Santa Fe Ry. Co.—' r
:
5%
non-cum.
preferred (s-a;)
1___—.

7-15'

8- 1

;; -SC

- .a

,

Shaler

8-

15c

—

9-14

v

Atlantic Refining

1'

7-10,

8-15
8-

Rockland Light & Power Co. (quar,)—.
Roos Brothers, Inc. <
quar.)——___—
Roper (George D,> Corp. "(quar.)_—
S
W Fine Foods, -Inc.
(quar.)—

4%%

7- X

7-12

33% %

——u

5

7-20

»

Richmond Insurance (N. Y.)
(quar.)
Rickel (H. & W.) & Co.
(quar.)——:

7-10.

"197%o'

!

"i

7-20
'

,;Vr7- 3

7-25

.

$1.50

,.u■

,

■

.

11-30

7-31

/

7-15

tl5c

(quar t ..
./ . .
'//4% preferred (quar.)_
4% preferred (quar.)
Carrier Corpi-4%*>|rfd.:(quar4!i.-^iM—

'7-1

7,- 9

-

15c

"

,

7-

8-31

12-10

$$1.75

TOnrnmnn-

%
prior preferred ,;(quar.)
11-1! 40-22/
I
priot/preferred ' (qw») -7*——f—— < ^$1.50 4^31-47 - 4».21!
Angerman /Company, Inc,_^,
r—,
:40c
7-10r
7-1
Anglo-Canadian Telephone, 5V2% preferred
$68%c "if» 8- 1<
Anglo-Huronian! :Ltd.
(s-?a)-.—'
$10o' "< 7-31
6-29
■Asbestos 'Manufacturing—.
' .
%
■
">■'* '•
.* *{*
>
*
•
;!$1.40 .convertible pref, (quar.):
35c
8- 1
7-19
Associated Telephone Co., Ltd.—
.'•••^ ^c'": ^':

7-10,

12j/2c

dividend)!—

Anaconda

8-31

12jAc

Rhode Island Public Service
Co,,/Cl: A (quar. y
$2 preferred (quar. )—

44c

.

1

;

.6-15.

,

^

Anchor Post Troducts, Inc.— ""
'6%
prior preferred
fqimr.)

7-19

7-20

5c

—

7-15

"

>

50c

—

—

! 8-1

$2.50

Plymouth Cordage Co. (quar,)———;
Employees stock (quar.)
1__
Provincial Transport Co. (s-a)___
l?ed .Top Brewing, Class A (initial)—
Class B (initial)_— ^
———J.
Benner Company —

<

50C

(s-a)—-

Carpenter Paper Co.—

-....

Ya-ft)"

AnchorFibcking Glass,

7-15.

!•

7-15

(accum.)
$1.75
Piedmont & Norther#
Railway Co.___,—
50c
Pittsb'gh,:Cincinnati, Chicago & St. Louis RR.— ''
' ■
-

1

9-14

9-10

;

50C

General

Carolina

7- 9

i»refemdv(quar:j;^J2i^i^^!V'ti$da5.fep8-

Amnskeag
: ."$4:50 .preferred

7-15

8-

!

8- 1

Telephone and Telegraph Co.—

!>$5/prior

7-15

7-25

35c

..

Class

25c

American Zinc Lead fcEmelting—

7-j22J

7-29

_;_••

(irreg.)

com.

Goods^.7%_ j)fxi.- (quar),^a-

-,AVa%, preferred- (initial

,

1

7-15>
.7-20,
;7-19,

8-15

:..

Pennsylvania Power Co., 4%% pfd. (quar.) $1.06V*
Pennsylvania Salt Manufacturing Co.—1—
30c
Peoples Credit Securities—————^.A
•
$25c
Wiillips-Jones Corp,,- 7%

8-1,

;8-1.

■

'75c

!

common

American Thcrmok TBottle,
/
Kxtra^

7-15

8-1

.

;

;

iw'

750

;:.45uarterly,__™^--:j^J---:^^_!™:!,..;.;$2.25:.

'

8-

Ry.

A

Canadian

■

iAmerican

'

8-15

8-15

37 %C

Canadian Pacific

3
,

_

7-15*

•8-15,

7-25*

-,)<

..

9-21

7-30

■•

r8-15

1 .'
$1.25

.

>9-21>

7-30

(accum.) -:i.

American-Shares

'

7-15

•40- lr

•

120c

z. —

Outlet Company

Securities,

..

7-15-

-

6-29

7-31

.

•••

62 %c

—

-

:

1

:

1—4/;:

common_______

6-29

:

7%, ..preferred 47uar.)——(1.75
12-16 ,12^6
fAmerican.iRolling,Mili--r;.4%% convertible preferred (quar.)——$1.12%~
7^15
^6-17
American Safety .Razor.
Corp. (quar.)—^
,50o
< *.7-15
; ^6-21
American Smelting &
Refining, com. (quar.)
50c
8-30
8- 2
! ;7%
1st preferred (quar.)IT
^-4. '$1.35 : : :7-31; ^ '7- 9:
'American Telephony Co. (Abilene, Kansas)—.
::.:■' "5% 'preferred (quar.)^$1.25 ,-:.-:'7-15 ■:7 6'28*'

7-20;

8-1

'50c

/

;$1.25
Oklahoma ^Natural Gas, common (quar. )—~ "50c
v 4% %
preferred (quar.)-_———-.
±J89 3/I0c
r

European

^American l^per

"7-15

8-1

..

7-15

'

7*15*:

-

.

^3.90% preferred ♦(initial .guar.)—,,"
cAmeripan Iflews :,Co. (bi-monthly)-i—.i-i—ii; '

7-10.
•7-

8- 1

37%c

___

6-20

i

t

t.,

25c

;

4

7-20

'7-15

9-16*

r

.American Machine & •Foundry-'*'-.'—^

6-29.

^8-L !

•

.

6-29

/•

8-15 '

.

7- 8
8-15

7-15

——

7-13-

'*7-12'

Co..(quar-),.Ijlew, York Merchandising fly-1 -45c
North American
Acceptance, Class A ;(quar.) :
5c
North Penn Gas, .7% prior pfd
(quar.)
*$1/75

Northwest

-

7-18. >:■
7-15

:37%o:;.

com,// (quar,)---.-^..v—. /

Investments, Ltd. (quar.)
Industries, Ltd.—
(quar.)
—_'
Class B .(quar.) -4-r^.,/,r:.r.r.Tr/„T;.:-::-,
7% preferred •(quar.V—--^«.w.—
Canadian Investors Corp.
(quar,)
Canadian Motor & Lamp Co., Ltd.-r/-.Class A (quar,)-.».-^«__
Class B (quar,)——
Canadian Oil Go's,/Ltd., common (quar.) —
5 % preferred
(quar.)
■
;8% .preferred (quar.)—

6-10

7«j31

75c

.•

7- 9.

7-15

^8-31

.

Canadian

6-19

,

•.

50c
- -20c

-

7- 1.

7-31

50c

100%

:

7-27

10* !•

—

20c

.

-Class

iv 4% %- ^preference (quar.)
--$1.42-%
-American Ice, -6%
nop-cum..4>referred—
$1.50
8%
preferred
L—,
>$1.50
^American Light AsTraction,' 6% ipfd. (quar.)
37%c
!/Common *
!—
30c

.

* 125c

-."••

6-29

Canadian

7- 5

25c

Fidelity & Casualty (quar.)——X

American Fork
8-

Southern

7- $
1- 8

,7-15

7

7-20
*9-10

.

^

American

(quar,.50c

.

Reo{

6-29

:

,

7-20 :

—

(initial

American

9-1

Products Corp. .(quar.)
Strauss-Duparquet (quar.

Northern Illinois

-

6-29

r8- 4

i$l

7-25

.

20c

l/32nd share of Class B stock-—.
American District "Telegraph Co. (N. J. )-—
5% f preferred
(quaT.)
——,

.9-4

—'——•!■!

7-10

9-20

,

7-12

or

$1.50

Middlesex

National Aviation

6-29

7-20

$1.50

Canada Wire & Cable! 6%% preferred—*
Canadian Converters, Ltd., Class A (quar.),
Canadian Fairbanks-Morse Ltd.—
/1// 6% preferred (quar.)—
-

'7-15

'

7-20

50c
25c

common—

—

6-24

7-20

Packing

*

:$1,37%

—+

common

8-T

10- 5

2%C

American Can Co. (quar.)
"'American.Cities'Power 4sLight, $2.75olass A
$3 Hjonv, Class A (opt. div. series).
Cash

7-15.
7^15

1

7- I

10c

Mead

Corp.,

8-

30c

'

Corp., $6 preferred A—
i $5.50 preferred

!8- 1

-$1:50.

:%Fxtra:!.!^!i!:;!!:sL!^

Nathan

8-

.Manufacturing,

quar.)—
American Alliance Insurance (N. Y.) (quar.)
i-American Asphalt Roof Corp. (quar.-)-—-w

7- 2

tl5c

McKales, Incorporated (s-a)_~

New-common

-

$2.75
-$1.50.

^Canada

;

.Amerada Petroleum Corp

..■

7-15

•

.

/Aluminum 'Goods

1

62%c

L_

Grain

Melville Shoe

v

7-

>6-20

'

:20c" r

"

i-Li.-*
Stores,-common (increased)———/
'.Alpha
Portland Cement—w
Allied

4:

•

7-15

5c

.

■

Maytag Co., $3 pfd. (clears all Arrears)—.
McCabe

7-15

:,/;9c-

v

t..

.

;.

30c

.

Manhattan

0i

7-15.

-,

37J/2c

—

.—

25c '7-25"

(quar.) _—1

Alabama Mills,: Inc.: —
All Penn Oil «Sz Gas (quar,

•

7-1
6-26

7-15

'

7-10.

.

—

'Extra

iAkron/Brass -Manufacturing Co.

,7-1
.

Holders

v

•

7-15

7-25

-

;

6-27

:

—

preferred (quar.)
Callaway Mills, *$2 'preferred (quar.) ——
$2 preferred (quar.)—
"Campbell (A, S.) Co., commoa (s-a)
Canada Northern Power, common (quar.)
IVe preferred :(quar.)-«^—i—

7- 1

.

7-25

——

—

/• 6-27

,7-15 !

When

Payable

.

'$1.50

series)
(quar.)
(quar.)—-u../-

5%

of Rec,

7-15

•r

9

"8-23
/

7-10

,

13%c

Garden

9

7-15

.

75c j

•••;•

—-—••/,<-

,

Madison Sq.

Payable

Aeronca^AircraftUorp.—
7-:55c conV.: preferred (quar.)_
13%c
Affiliated-Fund, Inc. (irreg.).
3%c
«;Ainsworth Manufacturing iCorp. (quar,*)*20c
.Air ^Reduction Co, (quar.)
i.——
25c

7-15

7-15

-

Mading's Drug Stores. 55c~pld. (initial quar,)

&

<

8-26

7-25

20c

Loomis-Sayles Mutual, Fund,
-Second Fund (quar.).
Lyon Lumber Co

8-

f.

'.$1.7^;

pfd., (quar.) -

(1927

preferred

California

r

Holder«

■

-Addressograph-Muligr-aph

,7.-11
•

.8hari

_

(quar.)—«-_;—$1

Extra

7-31

1

933/4c

Lone Star "Gas Co! (quar.).——-

Home of Company

,

-

J8c

Share

,;

——

'

1

10-

*

,4%-preferred

.

.8-1

.

.

Wnen

Abbott Laboratories—

8:24 ; :>8-15

15c

(irreg.

!

■■ -••

Per
.

7-15

204Ao

Creamery. 60c preferred (quar.)—
Kokomo Water Works, 6% preferred (quar.)
Kroger Company (quar.)
Lamaque Gold Mines (interim)

'' y~-'

Oregon Power! 7%

preferred

.Common

6-28

.7-15

'8-1
$2.70 preferred—. 22Vac
8-20
Knickbocker Fund, beneficial interest (irreg.) /'v. 12c /,

Knudsen

6%
6%

(

'

•

*

Khapp-Monarch,'$2.50;preierred_——'

California

week, these being given in the

6-29

r

7 -15

2c
'$1.33

■

announced, this

•••*«*/•'•"::

Hame of Company

>

6-28

$1.14'; t

.

we

preceding;table. ^:..v;:

^

7- 5

.

"

;

7-15

46c:

'

•__

-

dends

:

•r6-17

7-20

(increased' 30c
(quar.31%c

Below

give the dividends announced in previous
weeks and not yet paid.
The list -does not Include divl-

;

6-17

7—.1*

common

preferred

of Ree.

1

7-

$1-25

Keystone Low-Priced Bond 'Purid IB3 K6-a-)-i ;;
Special-

Monday, July 8, 1940
■/'<* Kf'V

-A

Holder*

Payable

Share

i

E.), $5 prior pfd, (quar.)_»-iv^;
prior preferred (quar.)___^_i,—

Junior

FINANCIAL CHRONICLE

•irt.'.'-tfe"',:- -'

■..,••

Distillers .Co., Ltd.—
:

;••!

V Bonus

—

20C
/.50c
25C

——

$4.25

$1.06%

pfd. (quar.)
(s-a)

partic.,pfd.
„V

;/ Amer. dep. rets, for ord. regis. Cfinal)—
>

•

———

a,

'

7-18
7-20
/ 9-

7-

8

7-

1

3

8-12

12%%

8-14

6-27

2%%

8-14

6-27

750
;

THE COMMERCIAL & FIN AN CIAL CHRONICLE

jiVolume 5164 JttumfoeM505
-Per

•/

f

Naww 0/Company

,

1$ 1.25

Ltd.

,o/ Bee.

—--

r,;8- .1
77-45

.

15c

(quar.)_.»—

m

—-

;' T-L6 ft

Hines

-.6^9

t$2.50 '

..

2

,6^30

$2.25

7-15

Dominion Dairies, Ltd.-

5%- noh-cum. preferred (quar.)-^_,™
Dominion rPabrice, Dtd,, common (quar.)
:6 % 1st preference (quar.)
•
a
^Second, preference (quar. )
X,
Dominion Glass, Ltd., new com. (initial)
7% preferred ($20 par)* (initial quar.)__
'Dominion Malting Co., common (quar.)™
"•

420c

88-

1

'

425c

7nl5

135c
420c

preferred

.

,0t27
V y.6^27

(quar.)„;_i_'__$1,25

>'

Co.,. Ltd.-*

-Extra

du Pont tE.T;)

derNemours & Co.— '

8-

(quar.)

a* i/a

1

Hudson Bay, Mining $5 Smelting, Co...'Ltd.—
.Quarterly
".

**;;

~'

10-

Indiana Associated

ftSOc

ft, 7-15

$1.25
$1.50

...

;

$1.50

a-

7-25

Electric Boat Co. (stock dividend). One share
of $2 pfd. for each four shares com. held

.7-

..

Electric Bond & Share Co., >$3,50 pfd. (quar.)

87y2c
ft

8-

50c

—

15c

National Watch. Co., common
(7% 1st preferred (s-a)
Ely & Walker Dry Goods Co.—, ;
,
1st preferred (s-a)—
—
•>6%.. 2nd preferred (s-a)-_—^——--_—.

ft'

9

Erie RR. Co.,

c

;

Phonograph

; 7oc

£%

ft
.

6-2^

:

ft; 7-15
9-

1

7-15

30c,

Instrument—————

8-

8-9

,50c

7-25*

Quarterly

.

,.

,,■$2.50.'ft

—.

(quar.)——

& Rubber Co.

7-15

——

—

s

.

preferred (quar.)—^
7% preferred (quar,)—---—
——Fort Pitt Brewing Co—.————_—

30c

12*

2

41- 9

>31'

•7-15

1

■7-18
7-11

ft

62%c
$1.06 Vt

8-

>8- 1
8-

1

7-15

8-1

7-18

$1

>15

6-29

,40c

.ft

•■

9-20
12-2

7-31

of,

a

in

cash

share

of

The

Fair

(S. H.): &

11-20

certificates—

•

(G.), Brewing

Co.

9-3

8-

8

9-20

■

(quar.)———

12-27

7-

Foster Wheeler

Corp., common

10-

37'/2C

(quar.)..——

Extra

9-16

1

+._—

7-19

6-29-

Labatt

150C

7-25

6-29

Laclede Christy Clay Products—
(Stock dividend). One share for

12 Vzc

7-31

•7^15

55c

7-31

7-15

7-15

6-29;

ft " shares held ———ft———,
St. John Power &
Paper Co.. Ltd
Lake, of the Woods Milling
Co.,. Ltd.—

of Canada (quar,)——^
Companies, -Ltd. rquar.)——
Froedtert Grain & Malting—
New common (initial)——
i $2.20 preferred
(quar.)i„—
—
—,—

4

&

Schmidt

Brush.

Class .A

Fuhrmann

Fuller
:?* Class

Fuller

AA

—

15c *

■

General

Baking Co.,

i

common

Electric

Co.

General Finance Co.-

(quar.)—
common

preferred

6%

preferred B

A

(s-a)———

(s-a)
Wi, |l,w
m
General Investors Trust (Boston)—
V Ctfs. of beneficial interests—
«• n

General

Mills

General

Paint Corp.

General

—

convertible preferred

preferred

•A 8-15

8-1

ft;

$1^0

8-1

ft

8-15

7- 8

;30c

'B-

.

-;

8-

30c

7-15 ;i

Harbison-Walker. Refractories :Cp-—
6 % -preferred ►(quar.)

V*
•

■'-.

4+1

«10-';1.

■ft;ft$L25 ^
i'O''

...
—

r "75c

pre'3rred

'ftftv fK

6-29

7-15

e

'

.

S ^Special

7-10

4$4

7-115

r

ft

-:Common
8%

H-

$* 1

::ft'BU5

:12%c

Loft,

7-15
7-15

7- 1

7,-5
■ft

74 6

7-20 :

7-

9-40

•

1

>9-40

..

• v

'ft

u

(monthly)

$1

>

'"

."ft

t

7-ai

6-20

10-1

|94U|

15c
*

7*16

'

r-

j

-30c

;Gas.v4V'a%' preferred (Initial) —

Rarrisburg Railway

^

*•>+

•7:15

84%c

15c

.

ft'
,

7-15;
7-12

7-15

$0.290875
'n/i

_.■

8-1

7-10

if

25c

'■ft-7- 2f

75c

;

7-15

» 1

7-9*

8-

7- 9*

'75c

1

2c

8-4

l%c
20c

8-1

(irreg.)
-

7-20
6-28

'

745

6*28

7-20

12c
•

7r20'

7-15
'

6-28.

(quar.).—

$150

C-

25c

,

l'

1

'ft

^

-

..

ftt 7-15

'7-30

7-15

prior ^preferred .(qtiftLl W1^.1W?9V^WIMIWWW=.

$1.50

ft -31-47

1-21

60

Central

7-

V- 1

3ft

8

6-20
•;,v

7c

v

ftft' 7-15

90

'

7-15

12c

...

-

7-15

,4C

ftft 8-15

.

$136

ft

8-

9-16
7-15
6-29

1

7-16
"•

8-

ft

,--r

1

7-22

ft; 8*14

8-4

11-15

$2.50
sftft-'ft'"

6-29

1

> l:

50c

(quar.),.^

8- 5

ft 7-10

50c

'

6-28
ft

7-18
10-

'

$1-25

.

(quar.)—

6-28

7-15

53 %c

-

6-28
6-28 ft

11-4

9-10

:

Oil

8-1$
1

$1

8- 9

7-17

15c

ftV-9

7- 2

ft;-, $2

745

ftf.ft 25c

Texas

Indiana

7-23

■

37%c

40- L

(interim),,!

(s-a)

•■?*'■

Public

Service—

■

,•

?6-29r
944

i.

preferred ,(accum.)

$U5
$1.75

7.-15.

,

ft

;'

M£9

-

740

l$l$0

-4-

6*4»

V40

.

$1.25

'.

">15

SQo

6-29

742

•ft 45c

(initial).^r|

r

7*15

8-29

10-4

$$1.75

9-3

30C

7-15

6*39

$142%

,,

•

•->-•5)

■

-445c

& Electric—;'• rft.
.ft.,4%
preferred
(initial)
'Oliver Corp., •*41/2 % conv. - preferred (quar.).
Oliver United Filters, ;$2 cfass A ,(quar.),_

:>>3t

>19

8*

,.S0o

.

—.—

V8s28f
4?4«

.

.

n 845

—.

.

ft

745 4
749

'742

•

.

748
.7- 1
'

8-15

.

,

1

7-15

--

.

..

>--

1

8- 1

>

(quar.)

(quar.)

.

6*20 -ft-

,

8-

6-28 V

-8-4

-

ft, 6t28

7-26^
" 15c :
•;88®/|C • • ft,- 8-1'

- ■

"ft-.7- 1

7-15
'

Lord to T.aylpr,i8%>-2nd preferred (quar.)__
r*-'Class -B
ftft
25C
•7-17
■ft.:.. 8-1
..$2
!"Lbs;Angeles Investment (quar.-)^w-+-i-w--Ontario Steel Products, Ltd., com.
$25c
(quar.),
n$2
'*15 ft
7* 1
: Lpuisville GaS
& ?Electrio (-Ky.:).common-,,... "ft
-25
r6fB9$$1.75
37%c1
(7,% -preferred .(quar.)-—i^-Www'ii»"*
C 7-15 e
Jjartfbrd;Electric .Light Co. (quar.)—1
5%, preferred ($100 .par)
$17-15
6-29
(quar.U-ft™,.-.
$1.25.'Oppenheim •Collins' to -Co. (increased 1^4
Hat Corp, of America—
^
,
.
-5,7« preferred .($25 par) ,
7A5 ' f+6-39 •ftft Ox -Fibre Brush—
25c ft
(quar.)—J-i.—SlVicft
••$1,12%'
7-16
.;4% % - preferred j[qyar.)
Lowaey '(W; M;>ftCo.^ Ltd; {(quar.)——!,,-,-. $12%c
7«43.
-47-31'-7- 8 ft;
■ftftftPacifio^Coa^tsAggregates^'ft .-ft.ft *,::.ftUM;f&zM
Heeht Go., xommcn. (increased)
imoc
Luzerne .County Gas' to Elec--r-. . +
-v
ft
.4 7- 8 -*
,7*31
fih'&Wfr [convertible ^rbferi^d (quar.),,—*.— • $1.12%
*•'3%% -preferred ►<quar.)-L-l_z^J-^v4--ft.vft -93%c
ft 1.i.4V4%' preferred>
8- 1
(quarft)^.ft.i—ft;————XL $1.06'A
'7-15
-8-15
8- 2 ;
Herqules .Powder :Co.N 5 7c, preferred ,(*quarO|;^ $1.25
MacAndrews to .Forbes Co., common-^—i--"—*.
APacific--Finance :Co. ^Lbs^ngj)-?ft
• f
*6 23«
• -;35c
•7-J15
■'J >8*15 4 ''7-25*'
5% preferred (quar.)——$1*25
''*8% preferred
(quar.L^—
Hershey Chocolate Corp., common • (quar,
v 75c*
6-28*
7?15
$1.50
■■-ft 8-15 : ft";7-25fts,
iftMaov (R. :H.),^'41/4%.;;'preferrfed (quar.)
$4 conv. preference (oqar.
V.ft;
,8-1
7- 9 ftft 4Paeifi^Gist^'Electric (quar:)3—'50c
•$U06%
7-16 ft;
Madison
Elbbard Spencer Bartlett & Co.,; (spec;al)__M
Square
Garden
ft ; 50c >?; 7*26
(stock
dividend)
.r- X./'.-X.,
Pacific .Lighting Corpf; $5 pfd. (q.uar.),^$1,25

Darrlsburg

8-13

7-15

80c

ft-; •;

$%. ^preferred .-(quar.).—^
Northern States Power (Del.)—
tl%• .preferred .(aceumO,

ft.

B-20
8-20

'

25c

»

;

.

9-10
"

•pgilvle Flour .Mills, Ltd., ..common- (quar.)
7% preferred (quar.)

-

: «.o.

£ 97.3 ftft

6-11*

10-15

,8-30

•>ftbklahoma^'Oas

•6r26

5%?ft»wU(dpating ^referre4^(auar4^4^ r--;$L25; h 9- 3 :

7-18

7%c

sTNu-Bhamel Corp. (quar.)
ftft; ftNutrjne; Candy Co., new common

: $2

(quar.)

7-15

$1.75
•■••;:■; 15c>;

v

B- T

"

Candy^

1

1

ft 7-15

ftOftft 30c
?

ftf

Northern States [Power (Mihb.)—
iv-fti $5 .preferred j(quar.)_

il$-»19 41^29
50c. 3-10-,47,2?24-47
7-15

8-

-•

\y": :6%

'50c

75c

B

6-28

:

8-

>

30c

quar.)

Corp.

9-19

42-19 ft

7-15

-5C

Investors

preferred

Northern

.•

s8r23

■

9-28

56 %c

.+Quafterly.

;

5$*23v
41=22

.124.0

:.j50a

i

preferred

Gas

:ft;£

8*15

12-28

10c

v

.-ft^.™.—.
Welding Machine Co. (quar.)

Fuel

7-20

8-31

$1.5 (y

—

(initial

8-1

.

$1.50
ft'

.-"-ft**"#-.-:
—

to

Northern Central Ry.

■ft

(quar. ).^T-,».__„T.»,-_

Longhorn Poiitland Oeinent Co<^-ft>
vo

^L$tio"

>

ft+North

,6-15

7-18

$1.10
$440

6-29

i

l/ft./'V-ift4

—ft.—

& Western Ry.,
common
.Adjustment preferred (quar.)

i6^28*

:25c
12 %c

6-30

6-29

)

America—

Norfolk

.

i

$1 3-10-47 2-24*47

PibpOo.'—^/ /:;.i

.preferred

•ft 6-12
h. p_v -o

1

ft

ft

s

of

r6%
1st. preferred (accum.)
Nineteen Hunlred; Corp;, class A

s$5o

guai*anteed(Quar,

Lock .Joint

9-

)ft——ftftft'

-

25c
;50c

—

^^^Ciass-A-Riuan)^,^—-•

7-15

SOc

7-15

; •

Newark

6-30

ft

e-29*

7-20

New York Power

6-30

V>1Q

7- 8

7-20

England Laundries. $§ pfd. <quar.)
ft; $1,50
&.Light, 3.90% preferred,, ft? 97 %c
Telephone, 6% preferred (quar.),, :i'l $1.50
Newberry (J. J.) Co., 33/4%. pfd. (quar.)
•i 93%c
.Jv.Vft'.'.A
Niagara Hudson Power—
V ft

6-30

$1.25

Special guaranteed (quar;),^„_^.,_,^
ftLittle SchuylkillrNay. [RR.ft^c' Coal/(s-a)*-,»•

7-10

6-28

7-31 ft

:ftft

New

7-18

25c

■

ft

preferred (quar.)__
New Brunswick Telephone Co., Ltd. (quar.)

7-18

8-1

:

SOc

(quar.)

Original capital
Special guaranteed

%c

1

8-27

11-26

<<

9- 3 %

62%c
$1.50

'

ft***: ,

National Tea Co.. .4%%

10-26

8-

743

3

741

12%0
37,% c

(quar.)_-

National Radiator Co,
National Screw

7-26

11-1

87

—-T,

-

7-22

8-1

25C

f

ft

6-29

.,30o

7*').Originalcapitali.__.——,w—ft—^.rn,..

.

Hanson-,Van Wiokle^Munning. Unitial)—
•

6-15

7-15 ft
;
8-1;

8-1

9-

12- 2

—

7-22
1

$0c

^Original ".capital

6-20

■;
ft-'.'i^ftft,;ft!/
.

1

7-15

.

(Fort

—

Little ;Miami RR. ,C0,-^
...$$5;,'

7-15
v.

.

B-

$1.30
12 %C

Co. [.(increased -quar.)
Utrnel Corp. (resumed)
Lipe Rollway Corp. Class A
(quar.)—
Lit Brothers, '&% „-preferred (accum.

7--20

8-. 4

-"J-

.

^

6*25

.

>6-15

7-31
ftft.

lc

Com,w^TO.„.u+.w;National Securities Eerles-r
ft
^Bond series
ft•
Lpw-priced ' bond
-Speculative series .5.,—
iLow-priced < common stock .;serles„i.^.^^

ftftft 743-^

.7-15

—...

•Lion Gil

,8- 1
;;

Ic

Cooper^Go.—^ ^

1

-«%

v

8- 1

<6-7

preferred (s-a)>,
National Pumps Corp.—

8

;3

7-6
7-11

■

•5%

*

v

„

7-15

7.-10

31 Vic

ft.6%

8

7-

7- 1

$.1.25

Mallison Fabrics
(quar.),
National Paper to Type Co.—

(Del.)—

Class Bilquar.)——

5%

^ 6-27

62 %o

Grandvlew Mines

Hammond .Instrument, $% <pfd. 4.quar4

7-

746

8-13

•>

«1

National

>

Lindsay (C. W.) & Co., Ltd.—
ft.
iftSS%■■%';? preferred (accum,)ft_——
Link ..Belt Co< (quar.)..—

6-24

6-28

30c
Great American Insurance (quar,)^——
Great .Lakes •PowerCp;,..Dt4^'f.-:.';+;*
i ;
t$1.7S
« 4^$7-Apref iM quar.
75c
Green ((H;;L4 ;iCo,:-(quar )
ft:S34%c
i -j5'Mi ^
COnV. filti. '(
15c
GriesrFfleger Tanning iCo. (initiaD——

^Griggs,•

7-10

a-;l.

$0c

-r

7-22

6*20

1

7-15

$1

(s-a)

-National Lead Co.—

7-15*

10c

ftCSdss.Aft(quar.)ftft-——--ftn-

7-10

ft

7-15

4UC ft

ft 50c
ftft $5C..

ft

■

7-25

1

.7- 8
10-

50c

'

Extra

National

745

37 %c

.

Lincoln Telephone' & Telegraph
-

1

7-25 1 ft

ft'

$1.12%

i'«r.Extra

.

Insurance

..

7-17

7-25

ft $1.25

,

.

6-28

'50o>

ft

—

Life

8-

■

1 ftft

■

745

50c ;7ft7-15

•ft.

rExtra

6-29

B-

8-1
>'

,

Distillers^ (Products ; (quar,).
—

National

'12-21

50c

Quarterly
—ft._.
Quarterly
;.. ■,
-■
-—
i"
Lincoln Printing
Co;,.;:commP>-:-ft—ft——■
$3.50 preferred - (quar.)
^

6-28

$20C

Safety Razor, common (quar.)_—
$5 preferred (quar.)_——
Gimbel Brothers, Inc., common
$4.50 preferred (quar.)—
Golden State Co.. common (quar.)
;—
Goodman Manufacturing ^
Gotham Hosiery Co
Graham-Paige Motors Corp.—
,jk 5%
class A »preferred % (quar.)
5% conv. preferred-(quar.)
Granltevllle Co. tquar.)

Corp.. com.

National

-Extra-

•

8-28

■ft;

.

7-15
12-31

6-22

v-'.'ft '5c 777-15'
,$1.50 7ft 8-4

,8h9#ftre„^,■
Register (quar.)

common

National Elec.

6-29

$3
75C

■:

(quar.)_

Gillette

Lincoln

8-1

ft

Stores

New

3

17c

7-5

jftf>15,7

7

&

convertible

National

7-15

.

7-18 ■
8-26'
:

$48o

&

National Department-Stores—

6-29

7-15

$1.12%
$1.12%

7-10*

5- I

.

—ft,——•

1* ft

7-15

Be "

ft4%% preferred ft; (quar.
Lexington Telephone, 5.2% "preferred (quar.)
Liberty Loan Corp., 50c preferred (quar.)—

6-28

$1.37^

(initial quar.)—~

(quar.)

V$6 preferred (quar,)——
General Steel Wares, Ltd., Common

•

25c

S

•ft.

31%c

9

ft

.

8•

50c

(quar.)™—

^•■8-1

(increased quar.)—

,56 %c

■

5

43/« %
;

10-5
8-15 'ft!:r 7- 5

25c

Lerner

7-

7-20

6c

Machine

7%c
7%C

■'.,

Mfg.
City Bank (N. Y,).
Company (initial).
Container 1 Corp.—

National

8-3
8-

8-1

•745

.$200

4.%% pfd. (quar.)
ytvov*-*(increased).,.
Company, common (quar.)

Chemical

National

1145
'

11-

6-28
6-21

J

-

37'/a C

45c

,

37 %c

11-25

;i

5- 3
>9-3

6-25

$1.75 ?ft'7-15

Co.

Cash

.

11- 9

11-25

30c

W mm mm — — —.

Public Service—

$4

5c

$30c

$$1.75

—

"

B-25

ft

*7-11

.

$150

;

Kv,

National

6-21

Leece-Neville ft
Lefcqurt Realty Corp.+ft*
c ftftft>
$3 convertible prior preferred (initial)—.—
Lehigh Portland Cement (increased)——

7-15

7-25

7-16

B-25

>15

Lawyers Title,Insurance, 6% pfd. (s-a)—Lebannon Valley Gas, &% preferred (quar.).Lee Rubber & Tire Corp.
(quar.),—

I

25c

;

——

—-r

9-20

32c

7-31

$50c

745

7-15

25c

Society (quar,)—

(quar;)-'!

—

..

National

33%%

V

Extra

7-19

40c

■

—

•

5%

1

Lb-

$54.25

(quar.)_

6-25

class A
..■

National

9

7* 9
•6-28

7-15

745

r

"745

,

15C

-Common (quar.)
7%
preferred ,(quar.)—

3

Co.,- common
Lane Bryant, 4J/2 7o preferred (quar.)—
Langendorf United Bakeries, $2 CI. A (quar.).
Class ^ft.(quar.)^ft—;

6-25'

8-

$2

Landis

6-29

10-1

15c

—-

each

7-16
'

$250

.Common

•7-15

7-23

(quar.) __—:
preferred .ft(quar.)

7%

,6-29?

7-23

(quar.)_——.

Lamson to Sessions Co.—

■6-25r

7-15

:10C

pfd. This payment clears all arrears
General Capital Corp. (irreg.)—.—

? $5.50

;

Ltd.

Common

7-22;
.7-22

7-15
8-1

,

•

7%

General

50c

$4

,-$8 preferred (quar.X——
General Cable Corp.—

1

7-10

12^c

ClaSS B

1

8-

•

IOC

.

\/

8-

60c

—

Co.———

(John)

Lake

v

"

(quar.)_——

(quar.)—

Manufacturing

*4

25c

Brewing—

Fyr+Fvter Company. Class- A f oyar. L
Oabrlel (The) Co,-5% conv. pfd. (quar.)
Gardner Electric~Light, common
(irreg.)—
General Aniline & Film, class A———-

-

12%c

-

I35C

Fraser

8-1

25c

:

■

Foundation Co.

7«31

8-1

.$1.25 :

.:

(quar.)

Njitlons.1 vBowdi

12-20

7-16

78- iQ

Development

common

-

$1.12%
:12%C

ft.8r.15

—

National Battery
National Biscuit

9

7-

9-27

ft

$142%

(quar.)>

:v

7-26

$1

•

^—

745

40c

r

^u^r.)-.»A^«-

7-16

50c

ft—ft«.

8-1

.80c

(quar.)

Narragansett-Electric,

-

,12-1

-8-.15

,r

v6% preferred (quar.)—
Mutual Investment Fund
(quar.)

7-15

.

of

Co. .(increased)

ft—

Krueger

7-10

surrender

42-5

,400%

Tel. (quar.)
Mullins Manufacturing—
,$1 preferred (quar,)
Munislng .Paper—
: :
r, 5,%
1st preferred f(quar,)—,
Muskegon Motor Specialties—
-$2

and $4 r

common

8-20

upon

& ft Co.

Insurance

Quarterly '

Mutual Chemical .Co.
16% preferred

7-15

.

8-1

.9-1

——

6-20

12-23

Light—

Mountain States Tel.

6-29

"

9- 1

il2- 1

9-5

—

Mount Royal Rice Mills
(initial)
Mountain" States Power
Co., com.
.57# preferred -(quar.)

6-18

9-3

Telegraph Co. (quar.)

(John)

Co.,

7-1

■

(initial)—1

Mount Carbon to Port
Carbon RR.
Mount Diablo
Oil Mining
&

7-12

7-15

10- 1

Kroehler Mfg. Coft,
-4y2% preferred
4%% preferred (quar.)—,w

;

Montreal

v-

•741

12- 5

$1.50

dividend

Morrell

8-10

425c

Kress

7-22

3

8-4

•

__

7-10

6-28*

1

9«

7-15

'ft 7-15

12-

300

7- 'l

7- A

$4.50 ;

piping&:gupply ^o„, Inc.—

Morris Plan

7- 1

7- 5;
7-ftl

17%C
,10c

•

6-15

7-27

7-18

9- 1

7-1

82%c

'

745

•

ft .ft

,30c '

Jquar.)^,—*.

—

ft

7-20

ft

6-30

---

6-28

17'/aC

':

—

7-22

25c

Extra

1%

•6-28

$-•!•,

4?5C

.

Monarch Knitting tCo.,
commonft-———
Monongahela Valley Water, 7% pfd. (quar.)
Monroe Loan
Society, class A (quar.)
Montana :Power Co., $6
preferred (quar.)
Montgomery Ward to Co., com. (quar.)—

6-15

7-17

$1.50

Fitzslmmons'Stores, Lta.—
.

7-15

$1.

"

v

$1.75

Liqueur;Corp.—*.——

9-3,

8- $

30c

ft
;
•ft';

.^.JPS
ft; $6;;lst,vpreferred
-fft^uw^ft^^.-,ft«ftft«^::V
Mohawk

6-24

9-16

40c ft

—

75c
:

7-15

:

•aoo

non-cum.

(quar.)

Mississippi Power

7- 3

$75o

»

8c

Boston Corp. (irreg.)
First Mutual Trust Fund—

1

6^

745

:

25c

—

7- 3

413c

——

$2.50

(Increased)-—

First

8-

25c

——

/10-10;

75b ft

25C

.

7-10

10-15

£ $1.75.

83/40

-—

(quar,).._,

"

8-2$, ft

Quarterly ———+———+r—-■■■ »•&
-25c
Kobacker Stores, Inc., common
20c
(increasedW**
v$l$7%ftpreferred/ (quar;)ftfti^-ft-»+_—.~£"?*®-34%c
Kresge Department Stores (liquidating) %rds V.

r8-30,r

7-15

;$1.73

—;

preferred (quar.)—————
Fireman's .Fund Insur. (San Fran ) (quar.)

ft

preferred—
Kaufmann 'Department Stores
Kentucky Utilities Co., 67c pfd. .(quar.)
Klein (Dft Emil) Co.' (quar.)—•
Quar a rly
i(.,i
j).|i n';.ii)i — --n-.-OTWrm » in 'in '

6-30

>

7-15

$1.50

•

1%

Firestone Tire

7-15

;

745

ft->43 ift.

$lv73

Tea

4%

.

8-15

8-30

50c

ft

——

preferred

9-20

£ 7,/aC

,

-

9-16

10-1

35c

——

}■■!%

10- 1

.

*

Quarterly;;
— :
Federal Mfg. & Engineering (initial)—.
Federal Services Finance Corp. (Wash. D. C,)—
Common (quar.)
—
£
pfd.
(quar.)
Fenton United Cleaning & Dyeing—
f

8-22
€47

7-15

•■'«

111-29

;25e
.

.

Midwest Rubber
Reclaiming—
New common
(initial quar.)-*.————
Mill Creek, & Mine Hill Nav. &
RR. (s-a)
Miller Manufacturing, class A
(quar.)
5%
preferred*: (quar.)___i.
CTWWfc#

.

,_Kalamazoo Stove $ .Furnace—
Kansas City' Southern Ry.—

Farmeis & Traders Lite Ins. (Syracuse, JN. Y.)■

4$1

..

.7-15
'

•

65o

+

—

6-15*

r,

1

.

9*10

$1.50
;

6-15

.6-15,

8-30

ft

ftft

J25c

—

7-15

"r\745

Co., 4V4% preferred (quar.).:—
Johns-Manviile, 3% % preferred (quar.)
.87%«
Johnson & Johnson,
4%i 2nd pfd. (quar.)— ftv
$1
Joplln water Works, 67c pfd. (quar.)
$1.50
Journal Publishing Co.417c
(Ottaway(quar.)—

'

ft'

$1.75

•

convertible ,pref.

Jewel

11-15

--

-

preferred

Stock

.

6-28
745

ft

7-15

.

94c

i„

— <—

preferred ft (series 1940):

6%

6-30

>15.

,

'ft i6 %

"New common

$25o

(quar.)
;

:

ft

(quar.)—ft———

preferred

Midwest

437%e

(quar.) —^——
Jacobs (F. L.) Co.;'5%
preferred (quar.)—

8-16

ft 12- 1

Milling, 47o .preferred

455 %0

••

6-28

7-31

(quar.) .WWW*'

quar.)—.—

«•

745

•7-15

3%c

Common

.

•ft7r$ft

$1.25

$155

Common

r

6-28*

$1.25

(s-a)

$$1.50

ft

V -r1T?*W!S

preferred

7- 1

'

(quar.)_
preferred ft (quar.)—
—.—«!».«-•
Mercantile Stores Co.ft 7%
pfd. (quar.)—Mercury Mills (quar.)_
-i.•"•••"a-fm w
Messenger Corporation (extra)
Michigan vPublic Service—
.
.

6*27

:....

.

6-28

1

..;50c •.ft 8-4.
#3%C 7ft-.B*3l
43%o
1140

6%

.

7-8

North America

InveStmept Management Fund (irreg.).—
Investors .Mutual, rlnc.(irreg
f
lowaj Powor$t Light Co. 3.3,0 % jjfd. (qua^).^
Iron Fireman
Manufacturing .Co.—

9-7

7-15

15c

(quar.)_____

Eversharp, Inc., new common (quar.)——_
Faber Coe fc .Gregg, 7% preferred (quar.)__
&

■

,60c

,

$5 preferred A (quar.)—

Camera'

: .T-1'5

:

"*'•6%

ft;.;'6*27

8- 1

^vestmept Foundation, Ltd,*—ft

7-5

7-15

; ftft^o?

^■$$'prefeiTedvA^tiquar.L^^

Palrdiild

Telephone,$2,pfd- (quar. )

Intertype Corporation
\

..

1 k 7%

&

2

7-31

ft

50c

preferred ($5 par) (.quar.),—VInterstate Department Stores
(quar.).

7-5*

1

4' ft' 7* 6
l:?4-26ft

$ SOc

1%

7-1

8-2.,
9t23

8-

7- 9'

20c

International Nickel Co. of. Canada—
,77o preferred (quar.)

7-10

;

8-1:

$1.05 ft

(quar.)

Elgin

Radio

-.'•5%-'

Group shares,-,—^,

International

7-10

8-1

•ft 25C

6% preferred B (accum;)
Eastern Stainless-Steel (irresr.) —"—•—__

(increased)

"•

$$0^
42-8

12-21

v

»

Emerson

.$1 90 ;
V

international Bronze
Powders, Ltd.^Common .(increased quar,).
.6% par,tic. preferred (quar.)
International Business Machines
(quar.)_—
International Harvester, common
(quar.)—

-.'.>14,.r';
■?B-,l-.ft;f

9-30

$1,50
$1.50

—.

Electrolux Corp.

■

.

: Quarterly
•■i:Quarterly"i^+.».-^^.,^»«.„^,--^tEastern Massachusetts Street Ry Co.—

Insurance

,

7-16

<

Eastern Magnesia Talc Co., Inc.—

-*"$4.20 preferred

arrears

(quar.)

(increased

'745

';•. ft- >20. '

$3.

400%

ft:

Mercantile Acceptance
Corp. of California—
5% preferred
(quar.)ft5% preferred

Institutional-Securities, Ltd.—

»

8-15

,50c

,

Insurance Co. of

5*24

■

.•

preferred

McLellan:Stores Co., 5%

'12-20

j $4>50ftpreferred sA ftl final

._™

.

42-40

—-*•

Mclntyr©^ Porcupine Mines, Ltd.
McKesson & Robbins, Inc.—

9-20

••■*

(quar,)

6-20

'7-15

7-31

,46c
;ft."

,-

6-20

'7*31 ft

:$25c

preferred

Common

••$1.25

Trust— '"-t —.yi+'r -.itwr* ft

''>r5 "

745

50c

...'ftftft 40c

Common

8-9

9r30

Investors

;■«

$-29

745

420c
r$l7%c
.

8-8
e-1

■•

7-15

■

(quar.) ft.

com.

McClatchy Newspapers, 7% pfd.
(quar.),,—
4 !J% .preferred (quar.)——ftMcColl-Frontenac Oil Co., JLtd.«-

849

$1.25 :

Ltd.,

"v **»

ft, .6%

'649

3

745

12%c

Massawippi Valley :RR. Co. (s-a) —"-"fr-"tt
"Rrw?
May McEwen Kaiser Co. (stock
dividend).—
S McCall
Corporation •>(quar.)——.

•

'

9-

8-<15

——

Massachusetts

^Industrial Rayon Corp.—

8*20

1

7-10; ft5-24
'ft 8- 1 ft
>15

2%

<initial)-.-t.^^i2^--—
Duquesne Light Co., 5% 1st pfd. (quar,)—
Dwight Manufacturing Co

.

»

■

ft Incorporated; Investors

8-20

•

-7—10.

10%

-[Extra

DuplanCbrp.

<i.

■

■Illinois Power Co.?—
r-5% pfd. v-ftPayraent clears all

Dunlop Rubber Ltd>—

.

y^^mericair ^poeitReceipts (finally——~
•'

-

t

>10

9-10

(quar.)

9-9

.',25c

:$70c

-,C^.;•.(Q11 ftF«^W'J•*;

.Extra

645

ft

$1.50

Ruttig Sash & Door Co.—. s
ft/5% preferred (quar.)—.
■!■
.«,'•■•ft:j 5%
preferred tquar.)—

^

.7-25.,

——

>15

$50c

;.7-i5 r ft.7- l;..,ft Imperial Chemical Industries, .Ltd„. (final) _L.
.••yftvft Dnperialle Fuels, 6% par tic. preferred (s-a)

$1

41-21

$4

'

ft,7-15

7-15

-

$1.12'/a
.50o
. preferred ;;(quar.)r -1142 %

$4.50 preferred

.6-1?

-

Co.;,.copimon.,^^,«,,^"^\-75c

Dun At Bradstreet; Inc., common
■i'

7-15

!j 420c

4 .$4 preferred A ;(quar.)—:
•.

,"7-31

i4$1.75

FielCl

'

7-: .2 m Huipmel-Ross Fibre ? Cord—»
ft,7-$ ft7- ■■"6% :preferred (quar.)

H 8- 1 ; I ;,7-.2

.425c

-

't$3;50

Uolaarp

xatfuMW

>15

37 %c

Maritime Tel. & Tel.
Co.,
ft 7% preferred
(quar.)

-

.6-30.

ft

h

8-21
'

;■?,

4l0c.

———————.

Dominion Tar & Chemical tquar.
Dominion Textile; 7% preferred (quar.)-,—
Dorqinioh >yoolens ;&; Worsted— •*-"'
<?
4 -increased ' quarterly
•Dow chemical

.8-1

;:;6*30ft-;

9-4

.

'

*

$30c b7-31

•Quarterly

•

.

8-

7-15

6*24

12-1

'When

JPayablp

,50c ft

—

•7-25,

250

iPpr •'.

Sharp

(quar.)————

«• *•

; ;

■ft; 7-15

_

■Dominion :Qilclotp^&' Linoleum

7rl5

8-1

$37%c

'

-*5%

10

ftft-ftftft£ftft; .'ft:-. fft

pfd.ft(q,uar.)—ft-'

Maple Leaf Gardens, Ltd., .7% ,non-cum.
;pfd.
Marchant Calculating Machine Co;
(quar.)
'Marine Magnesium Products
Corp.—;

40c
8-2
ft
8-29
•'
•;-4? -.(Extra
e.40c
7*26 •ft >'3 ft
c $4.25 . preferred ft (quar.) >» ***+ <m «*• it W«ai
mL
■" *
9-27 ftVft'B- 6
$1.06%
Horn & Hardart '(N. Y.), com. (increased)8- 1 ftft 7-12
ft ' 50c:
>; 5%
preferred (quar.)
<''$1,25 ftft ft9- 3
.,..844' ;
Household ^Finance Corp., com. ( increased).
"40c
ftft 745 ft ftft 6*29*
% -preferred:Xquar.)—•; v 93%c
745
6-29*
Howell Electric Motors (quar.)——-——- •ft
7-10
6-25
'7%o •

ft 7-15

1

47L'c

„

>

7*15

■^

'ft Itane ot Company

Mahon (R. C.), $2 Class A
Manhattan Shirt Co.

6-24'

7-15
745

'Hoitt -Renfrew to.Got;Ltd., 7% ?pfd;^(aeeuzn*) :
Hooker Electrochemical Co.,
-com.-;<quar,)i-.:

7-31

$44c

+

_

'•■•!£££:!
•

Southern

'*■»$1,class A-

*,,,

^,

:'>T

V

8-1

v20c-' ;•>

.ft

vf Rao.
"

*7-15
•

$1.25
v

+.-•

—«—

of-

• Payable

42 %c

153

Hoiaer*

,

.8-45

.

Sharp

>.j*

Mineral'Corp. 4or each share held)——ft
Holly Development Co. (quar.)——,——
Holt (Henry) & CJO.-4
„
■
^,$4 class -A tQttWi).—

6-BO

:7?15 ■"

..

$$1,25

(Edward) Lumber Co.
Stock jiividend ;(One share

;

7-15

>

'

Higbee Co., mew common (lnitial)^!.4ft1-5% preferred (quar.) ————

>30

J m tm

Pominiom .&-Anglo investment* Corp.,
••.Common 4 annual)

Dominion Coal Co,, -Ltd.™™*
h6% preferred (accum.

ft;,;,.;,Company

■When

iPtr

:

-v.

.Dixie Home', Stores(quar.")
Dome Mines,

Hoiam

■Payablp

■Sharp i

.'

pJsUllera Corp-Seagrams,'^W-rr
$•5% preferred ;(jquar.)..

■When

'.•>■

i

.7-26

ft' 7-19

745

'>'-*7-:1

.8-4

',7-19

6-1?.

•

*

r

"•

.

.

Ift^Jl

.

<

.

'

,

.

'

.

•

.-Monthly




,;.fl50.

ft

7*26

1

;7-16

...

.Two additional shares for each share held

745

6?28

*745

«-30

7-15

6-28

*

7-10

6-26

6%

preferred

iquar.)

$1.50

,

THE COMMERCIAL & FINANCIAL CHRONICLE

154

'•

Name of Company

•.

"Packer
;

Panama

Coca-Cola

•Pantasote

will

Bottling—^—-—

(stock dividend)
holding less than 100

Company

Stockholders
receive

Paraffine

Cos.—

cash

20c

a

*

50c

■'';•

.

: '

•

___

(quar.)
(quar.)

Common

.

i $1'

common

7-15

7-1

8-5

7-23

Schwitzer-Cummins

7-31

7-12

10- 1

9-14

1-1-47

12-14

4-1-47

3-15-47

25c

11-15

v.

-15-47

2-5-47

3

8-15

9-

1

8-1

7-15

7-25

7-10*

? 7-15 4

•Sinclair

b:

7-10

7-1

-Skelly

40c

9-10

8-16

"8- 1

7-10

60c
$2.50

;

8* 1

$1

7-1

7-15

90c

.8-1

/

7-15
.7-15.:

$2.50

7-15
7-20

7-1

4

7-15

7- 1

$3C

7-15

6-15

8- 1
8- 1

80c

preferred

2nd

■

15c

7-20

7-10

8- 1
7-18

$25c

7-20

20c

<7-20
7-25

$1.50

7-25

•Class

A

6%

preferred

A

7%

ISO

6-27

1

7-19

6-30

6-30

•

/

•

7-15

$1.31%
•

8-

1

7-10

;$1.75

10-

1

9-15

10- 1

9-15

8- 1

7-15

7-24

7-

$1.75

5

50c

$2 -preferred 1quar.) ——-—————
•Richfield Oil Corp. (Calif)
(increased)—4Rike-Kumler
1

Extra
5

Co.

$5
;'' Thew

preferred (quar.) (quar.)———.—:•—

75c

receipts

20%

(final)

Roosevelt Hotel, common-———.-—
6%non-cum.
preferred-——«_—----Royal Typewriter Co., common—-———
7%
preferred (quar.)——.——
Russell Berg Fund, Inez,(irreg.)—
Russ Building Co., 6% "preferred (accum.)

8

Truax-Traer
Tuckett

7-15

7-

5

6-11

7-15

77-

:

208

1

Fifth

Avenue

$1.75

7-15

A

class

25c

7-20

35c

7-25

:St. Lawrence Flour

7-

8-

Common
7%

(quar.)

nreferred

Mills

Reducing US Debt Limit
duction

of

providing for the
the

U.

S.

debt

limit

from

$300,000,000,000 to $275,000,-000,000 was passed by the Senate
un

June

3.

The

Senate

Committee had voted
unanimous

on

Finance

April 23

approval

of the pro¬
posal made by Senator Harry F.

Byrd (D.-Va.) who said that such
action

would

basis.

■

on

a

the

Treasury

pay-as-you-go

\

"The Bill goes to the House for
fiction.
cial

"Times" from Washington said:

widely in Congress

as

a'definite step toward the end of

deficit financing by the Govern¬




5c

Corp.,

wwwnn

$1.50

•

extension

bill

7-10

$1.75

son

re¬

interest in the computation of the
Federal debt. For example, Gov¬

the

ernment bonds

ator

will be

computed
according to

debt purposes,
their current value rather than

on

cut

tory

Treasury.

11-15

7- 6
,7-5

•-.

On

face

8-10
11-

9

7-15

9-20

Yale

&

New

8-15.

7-31

York

8-15

7-31

8-15

7-31

25c

8-9

7-10

listed

6-28

30c

8-1

Press

under

present law, the Treasury carries

of

this date

That

7-15

8-1

7-

ginning July
limited to

that

1

will

8-

1

7-

.

the statu¬ ference between

6-20

7-15
7-15

6-14

75c

8-15

8- t,
1U1

(quar.)__

or

the debt

6-14

11-15

75c 2-15-47

2-

8- 1

11-15

11-1

$1.25 2-15-47

(quar.)
Corp.—

8-15

$1.25

2- 1

40O

$2

prior

50c
v

8-1
8-1

7-20

SOc Vs?

pfd.

(accum.)

9-10

933Ac

(quar.)

8-

7-20

?;r>
common

8-27
7-10

1

Co.,

new

,7-15:

7-

^

common

the

1

to

be¬
be

the dif¬

now

and

8-

7-10

;/:v7w *,
7-15
7- 1

1

7-15

7-10

6-26!

10C

7-31

7-16

15c

7-31

7-16

15C

.

•

.

,,

10-1

9- 6.

30c

■•

„

1-1-47
7-15

12-20

50C

,

(irreg.)

7-13

7- 5

6-20

$25C

1

8-

1

7-15

75c

(quar.)
Cooperative Mercantile

8-

$31'Ac
$37 %C

preferred

9-15

9- 5

75C

12-15

7-15
7-15

Institution-

Vl,: -

■

v-

■■

Jamaica

spending."
From

the

latitude
,

15%:

in
;

c

,

its

resident

deficit

Byrd's
in the Senate,we quote:

Z

am

requested by the Senate
Finance Committee to report this
bill to the Senate, with the unani¬
mous approval of the members
of

committee,

approval of the

to

as

well

the

as

Secretary of the

_

,

.

,

\

a

Leas

British

source.

income

Non»

tax

pay-as-you-go basis, and that def¬
icit financing on borrowed
money

will have to be discontinued.
■

"This

is

an

important step in

the establishment of

a

sound fiscal

policy whereby the expenditures
of

the

Federal

Government

are

kept within its income. It restores
the check against excessive spend*
ing, because

no

longer

can

public

funds be expended unles the reve¬
nue
is available from taxation.

"I

.

July 1 the debt is esti¬
be $275 billion,' there¬

m

in 16 years the Federal
Govern?
ment. fiwst pperate strictly on a •

~

remarks

7%

tax.

:

; t

Senator

Treasury.;

dividend.

tPayable In U. S. funds, less 15% Canadian
non-residents' tax.
$ Payable In Canadian
funds, tax deductible at

—tax

more

"As of

deficit

7-15

$25c

(quar.)

new
ceiling limitation. If the
public debt is further reduced be¬

mated

7- 1
6-30
9-30

$$1.75

(initial)

income tax.
•Transfer books not closed for
this
<

V

that

7-15
7-15

$2

(quar.)__'

the

"I

;

,10-15

15c

„

Orchids, Inc.

:

by

com.

5c

25c
25c

(San Francisco)—

(Thomas)

xLess 30%

7

have

(initial)

,y

Ltd.,

1

$1.25

Quarterly
Quarterly

2

6-

statu¬

year

have

$700,000,000,

7-15

$75c

$$1.75

2

7-1

$1.75

public
$274,300,-

as

$1.12%

■

preferred

preferred

Zion's

6-29

the

means

7-17

Manufacturing Co

5%

7-16

$25C

financing for the fiscal

Associated

as

000,000.;

7-17

8-15

Corporation

Zeller's

6-22

after

debt

8-15

r,;,'

-

Towne

6%

$2.50

outstanding notes.

Vinson

7-10

$1.50

(quar.)___

common

common

Young

Associated Press added:

"Mr.

7-16

$1.73

;

Worsted

Yellow .Cab Co.

87%C

calculated

April 23 Senator Byrd ex¬
plained to reporters, according to
the report of the Senate group's

(quar.)__

(ouar.V

preferred

:v,::-Extra.

6-28

8-15

Mr. Vinson agreed

of

6-30

8-1

'V75C'

Sewing Machine,

Wyandotte

7

10-1

obligations and not the full

value

pfd.

Wood (Alexander &
James)—
7% 1st preferred (accum.)
Wool Combing Corp. of
Canada, Ltd. (quar.)

7-19

7-

Committee provided that the stat¬

The

,

8- I,/
7-15

$2

7-15

6-30

18-15

utory^ debt should include only

actual

as

$1

$1.12%

7-10

7-15

the. actual
them would

measure

7-16

Wisconsin Gas & Electric—
4%%
preferred
(quar,)___,____________

11-25

•7-15

to the proposed reduction in
Sen¬

Byrd's

8- 6

7-1

8-1

•:7-15

Rn<»

now

;

15c

V

33 %c

/ *7-31

15c

as

———

8-26/
7-i5

$1.75

2

7-25
"'7-15

±

debt

10- 9

7-19

$1.50

12-

10c

at

10-19

—

Common
Wichita Union Stock
Yards, 6% pfd. (s-a)_
Wichita Water Co.,. 7%
preferred (quar.)
Wisconsin Electric
Power, 6% preferred-'—

62!/2C

on

$1.75

$0,472

dividend)

Wichita River Oil
Corp,,

26c

$10,000,000,000 off the

the basis of their maturity value.
The bill is supported by Treasury

that,

(stock

6-25

25c

(accum.)

due

9-10

6-28

■

bonds

9- 5

9-20

$4

$1.50
$$1

(quar.)

now

8- s

9-15

$1.50

Whiting Corp.

$1.12%

other

8-15

13'Ac

7-10

said the provision to list these

and

7- 5

7-3

v

up.

7-15

7-1

8-1

$1.50

pfd.

8- 5

O- 6

7-16

;vs«4

_______

7- 5 ;

8-15
9-15

7-15

92 %c

7%

7-10

7-i5

13 %c
common

(quar.)

convertible

7-15

7-20

;

25C

tory debt limitation is concerned,
Victory
Bonds
originally pur¬

amount

p

$4

8-1

13'AC

13 Vic

chased by holders for $18.75.
fore Byrd's
resolution is approved
Senator- / Secretary of,
the-Treasury Vin¬ by Congress, the Government will

"Wall Street Journal"

value, as far

8-1

$3.75

7-15

13'AC

(quar.)

White

'

finitinll

ported from Washington on June
3 that "as passed
by the Senate,
the Byrd bill excludes 'unearned'

at $25

7-- 5

12- 1

t

13'AC

preferred A (quar.)
Weston Electrical Instrument
Westvaco Chlorine Products

5

8-

37 %c

(monthly)

7- 1

7-31

30c

(quar.)

Dyewood

measure was

Washington,

7-15

7-

12-10

50c

$5

7- 5

;

9-1

Inc

Common

:;;7-;2

25c

_i___

United Fruit Co.—

permitted
break through debate on the

from

7-20

$$1.75

6-90

the

7-15

7-15

7-1

9-10;

;

Mills,

A

9-15

7-15

"

62%c

Co

preferred A

9-20

,

1

7-15

13c

(quar.)

$5

7-10

50c

(quar.)

6-29

Tjpw

1

A

Penn

$5 preferred

10-

$1.75

Pictures

Common

8

9-28
12-29

$1.75

(quar.)

Co.,

7-6
6-

8-

$0,472

R-

by

8-1

7- 1

1

10-1

$1.75

4%% preferred (quar.)
Western Grocers, Ltd., common
"7% preferred (quar,)
Western Pacific RR.

9-1

.7%c
;

,

action

Under date of June 3 spe¬
to the New York

advices

"Viewed

Corn,

1

25c

8-1

Byrd, its author, called it

-

7-8

$1.12%

Co., 5V2% preferred
Ltd., 7% pfd. (quar.)_

Secretary Vinson."

borrowings

put

8-

,

..

6-21

for

6-29

f;-'$2.50

7-15

The

7-15

34c

,r„

for summary approval as

re¬

7-15

$75c

pfd. (quar.)
common (quar.)

United Drill & Tool Class' B
60c Class A
(quar.)

Service

1

$3.25

non-cum.

$400

to

8-

1

10-

1-1-47

$2

(increased quar.)

Electric Co., 6%
7%
preferred
(quar.)_.
West Penn Power Co.—

7-15

$75c

7- 6

Selective

8-1

.25c

7-10

ment, the

9-

&

West

7-ia
7-15

$1.25
250

(quar.)

Wellington

7-12

'8-1

62 %c

(Initial) 1
(quar.)

B

12- 2

±4 7-31

750

Warren Brothers Class A

,10-15

9-11

10c

1

1

•

ISO

7-15

$$1.75

.-'—•_

7-15

60c

Street

Bros.

Class

9- 3

12-18

■c>

75C

-

One additional share for each
share held__
Warner Company

<

Acid

8%

8

United

Senate Passes Bill
bill

Coal

;

(quar.)
Mfg., 5% preferred

Shoals

9-16
V,

$1'
50c

preferred

Ware

; 25c
25c
'

A

Weeden

$1

•

8-1 '

11- 1

fill

;

B

Warner

6-20

80C

$250

--i-.—-—

7-10

7-10

$0.44623

....

Co.

>n.

The

$10c

■-.,>•

of / California (quar.)
Union Terminal Cold
Storage—

Co., Ltd.—

/

■fotiar.)-

7-15

7-1

7-15

>t:

(monthly)
(monthly)
Class B
(monthly)
Class
B
(monthly)
Vulcan Detinning Co.,

7-31
7-16

$10c

preferred
(accum.) _________________
United Artist Theatre
Circuit^______»___.__
United Bond &
Share, Ltd. (s»a>

$1.31'A

Class

6-28
6-20

quar.).

6%

South La Salle

■

:

Co.,

Tobacco,

Union Oil

7-10

7-15

•

7-23

6-26

7-15

"

(quar.)

preferred

Class

'

&

(quar.)
(quar.)

preferred

7%

7-15
8-30

9-1

75C

(quar.)

$4.50 preferred

7-10

37 %c

preferred accum.)

conv.

$$1.25

•

rr-—

preferred
(quar.)
$3.70 preferred (quar.).

7- 5

—

(quar.)

Saguenay Power, Ltd., 5'A% pfd. (quar.)—
(St. Croix Paper Cq, (quar.)——————
Gt. Lawrence Corp.; Ltd.*- '
14%

9-16

7-15

Light—

Visking Corporation, class
Class
A
(monthly)

7-14

8-1

$U2%

„

$3.50

7- 5

—

Russeks

7-8

7-14

(guar.)

Tyer Rubber Co., 6% preferred
Union Electric Co. of Missouri—

1

7-15
7-15

7-15

15c

93%c

-Quarterly-..
Trion Co., 5% preferred

5

$3
15c

7-8

75C

fi-24

(quar.)
&

7-15

(quar.)

L—

Co.

8-1

•

7-15

'

.>

—

(quar.
Upressit Metal Cap. 8% preferred
(accum.)
(J. B.), 5% preferred A
(quar.)__
5% non-cum. B preferred
(quar.)
Vapor Car Heating Co., Inc.—7% preferred (quar.)__

6-28

i;

87 %c

33% 0

"

Van Sclver

7-11

7-10

$2

Victor Equipment, $1 conv.
preferred
Virginia Electric & Power Co.—
6%
preferred (quar.)______

7-15

: 11-30*

7-20

si

Pictures

Vertientes-Camaguey Sugar

7-15

S-31*

12-20

i

"

6-29

7-15

7- a

17%C

'•

preferred

7%

anticipate early approval of

this legislation by the
Senate, and
I

fore, the adoption of the proposed

hope for its prompt concurrence
by the House.
It is imperative

legislation will

that

tional

the

mean

borrowing

Federal

can

<;

9-20

J-;6^r.

_

(quar.)

$1.20

;

—

u
Co.

6-20

75c

7-15*

r;Y;

'

_i

7-15

35C

8- 1

6-29

20o

(quar.)

7-10

$1 50

7-15*

2c

'

Tobacco

preferred

7%

J.)

common

12%c

-Manufacturing : Co.^ (quar.)_4.
Traders Building
Association, Ltd. (quar.)_
Trinity Universal Insurance (Dallas) (quar.)

7-

50c

,

5

"

7-15

1

6-20

$1

(N.

Corp.,

; ,$1.75

.

preferred;^8-a)

6-28

1

7-15

7-15

^Shovel^ ■Kr- 56c
Stores (irreg.)
$20c
&
^Towle

8-

25o

----—-----;

deposit

Water

8-

$1.25

•

7-19

Thrift

Rolls-Royce, Ltd.-*5
American

preferred

7-15

$1

(irreg.).———

Button

v

40c

Riverside Cement Co., $5
Rochester

.

pfd. (quar.)

Phosphate

Thermatomiq Carbon Co.,
■

8-15

preferred

Texas

:

5'A% preferred (quar.) ———-4.4-.——,
ftice-Stlx Dry Goods
~ \
j v- .
7% 1st/preferred (quar.)————7% .2nd, preferred fquar-)--u—t

8-15

$20c

Super Mold Corp. of California- (quar.)^..
Superheater Co.
(quar.)
Texas Power & Light,
$6/preferred (quar.).t
.7%
preferred (quar.)
Technicolor^ Inc.
-

7-15

1

8-

9- 2

i

6-30'

*8- 1

15C

6-30

26.5c

1

25c

i.___________

$3

6-30

7-15

8-

1"19

■

"'"v

Utica Knitting Co.—
5% prior pref erred:

6-20

7-15

25c
1

Realty-Sheraton Corp. (initial)
Smelting Refining & Mining—

$3

6-20

7-15

37yac

'

(quar.)

7-15

37 %c

6-29

7-16
8-1

40o

Plywood

Universal

8-15

37%c

(quar.)
Stromberg-Carlson Co., 4% conv. pfd. (initial)
6Vt% preferred (final)..
Sun Oil Co., 4V2%
preferred A (quar.)
Sun-Kraft, Inc., common (quar.)
•

1

i

6-20

7-16

J

Quarterly

8-15

9-

;

1

34% c

(irreg.)
(quar.)

-Rhode Island Public Service—

/

$1.00

State Street Investment
(Mass.)
Steel Co. of Canada, common

*8-1

7%c

>

,'

Wholesale

(initial

8-

6%

9-

25c

7-15

40c

Upper Michigan Power
50c

5-28

.,; -8-. i

:

25c

-

Universal Leaf
-.JExtrav

h

1

(quar.)
Stanley Brock, Ltd.—

6-29

ll;

8-

7-

(initial)

8- 1

'

7-15

___•

Quarterly

..

1

Works

30c

6%
preferred B (quar.)
Revere Copper & Brass, Inc.—

.

(quar.)"•

A

7-

6%

(stock dividend)
6%
preferred
(quar.)
-Republic Investors Fund, Inc.—
*

4%: preferred

Standard

6-20

52%C

(quar.)

8-

........

!

B

7-12

6-29

6-20

7-9

$1.75

70c

c

6-29

v .

Ltd.—

(quar.)

Class

7-11
7-10

;

$1.12%

...

dividend)--————

(stock

Common

Class B

"v

7-11

'

Co.,

Class

8

5c

Chemical

6-30

8-

7%c

<

■

6-30

25c

7-15

6-29

/

•7.-15

<

/' ;

V.7-10

'

United

6-29
'

•'

7-20

$$1.50

.

6-29

.

50c

preferred

V

^;/6-3df:

7-20

20c
25c

(quar.)

convertible

6-28

8-26

20c

(irreg.)

7-30

7-15

Corp.—;

'

8-15

8-15

50c

convertible
preferred (quar.)
Stores, $6 conv. preferred (accum.)
United Wall Paper, Inc.—
'
4%
preferred (initial)
Universal Laboratories, Inc.—

'7-5

3

7-19

.

7-10

,

S.

7-15

,

8-1

$2.50

7% preferred <quar.)
United Stockyards

2

8-15

•

Standard Steel Spring—
r 4 %
preferred
(initial)

6-20

8-31

:

Republic Drill & Tool,—
*}<.

New

$2

.

//•■

-

(quar.).-^_„
England Telephone

5% pref. (quar.
Standard Fire Insurance

7- 5

8-1

$1.50

—

common

....

Standard Oil Co. of Ohio—
33/4% preferred A (quar.)
/Standard Radio Ltd., class A

6-21

$1.50

(Boston)

Reda Pump Co. (irreg.)————————
Reinsurance Corp.- of N.
Reliance Electric & Engineering—
$2.10

7-15

7-15

U. S.
TJV S.

•

9-

2%%

Quarterly

7-15

13 %c

(quar.)

$4 preferred (quar.)...
Standard Brands, Inc., $4.50

6-14

8-15

$62 %C

(quar.)

preferred

7-15

$1.25

Railway Equipment & Realty, common
6%
1st preferred. (quar.)-.—
Reading Company, common (quar.)

■j

7-15

50C

1

8- 1

7-15

9- 3

Co., 7% prior preferred (final)Pipe & Foundry—
■

S.

6-29

1

8-15

53c

Quarterly

,"

;

-

7-15

506

8-

100

A

preferred

Standard

common

•Quebec Power Co. (quar.)
Railroad Employees Corp.,
Class A (irreg.)-—
1

7-15

1

8-

-•

......

8-1

50c

•

Life Insurance (quar.)i.^,^. :
Sperry Corporation (reduced)
Spicer Manufacturing Corp.—
Spotless Co., 6% preferred (irreg.)
Squibb (E. R:) & Sons—^
' 1

;v

U.

U.

7.-

7-15

'9- 3

.

58 %c

U. S. Lines

6-28.

'7-31 ii'-?

8-

?

,

^Southwestern

7-16

68 %C

preferred (quar.)

0

29c

(quar.)i..

Southern

6- 8

7- 5

5

r

8-15

•

1

58%c

(quar.)

;

X- 7-15

25c

Southern Franklin Process,.7%
pfd., (auar.)^
Southern Indiana Gas & Electric Co.—

6-25

7-8

7-15

41 %C

-

Fund

7-15

$2
$5c

/

8-

•

Extra

9-12

25c

,

preferred

4.8%

$1.25

•

(Geo.)

preferred

partic. preferred (quar.)
Southern Colorado Power Co.

6-20

7-15

Extra

7-10

7-27

;

C

25c

J

-X......

6%

6-20

7-15

50c

—

8-1

,L
$1
"v$30c

Southern California Water, 4'A %
pfd. (quar.)
Southern Canada Power, common

6-28

7-31

$75c

preferred (monthly) —
a—__
6%
preferred (monthly)—-—
7% preferred (monthly)-----——i—.—
'Public Service Corp. of New Jersey—
t
6% preferred (monthly)———■
6%
preferred
(monthly)
:
Ipuget Sound Power & Light—
$5 prior preferred (quar.)
Purity Flour Mills, Ltd.—
Red. preferred (quar.)
————-

6%

conv.

6 %

7-2

7-!5

$$1.50

5%

Putnam

7-2

*30C

(quar.).

6-20

!'{ 13 %c

preferred C fquar.L—
•
f 5% original preferred (quar.)._.
Squthern California Gas, pfd. A (quar.)...

6-20

7-15

41'Ac

5%

7-15

$15c
tsoc

Co.—_

5,/4%

6-29

7-15

7-10

$1.25

preferred
-Public Service Co. of Colorado-

Quaker Oats Co.,

6-24

15c

Proprietary-Mines, Ltd.-_^-«*—'

(quar.)

9-14

7-20

25C

(interim)f

Common.

10- 1

25c

Gas

Company.

■$1%0

$75.48

....

(H.

'Prosperity

7-

;

.

75c
100

—

7-15

•i;

'

*

6%
1st preferred (quar.)
6% non-cum. partic, preferred (quar.)_»
Prentice (G. E.) Mfg. Co. (quar.)
fPreston East Dome Mines (quar.)
'Procter & Gamble Co. 8% pfd. (quar.)—-

50c

(quar.)

•Increased -quarterly ....
j
Extra
Southern .California Edison—

7- 1

7-15

$1

'Plomb Tool Co.---—-—

*

7-18

:

(quar.)
South Pittsburgh
Water, 4%% pfd. (quar.)..
Southeastern Greyhound Lines— ^

.

Common

«-26

1"

53c

U. S. Fire Insurance Co.
(quar.)
U. S. Industrial Chemicals

-.

55c

6-29

20C

v

1

1

$25c

(Howard) Paper Mills, Ltd.—
Common (quar.)
:.
" $2 prftferred (iniHal)
■;.■
,•;.;•,
Smith
(J.) Hungerford (quar.)
!
Snowbird Frosted Foods 1st
pfd. (s-a)
Solar Manufacturing
Corp.—
'-V-

7-10

37V2C

.

K.), common
Light Co., common
$5 preferred (quar.)—
power Corp. of Canada—

7-8

:

'

10-1

10-12

.•

i Porter

6-29

.

Canada-—

(N.) Co., Ltd. (quar.)
(A. O.) Corp. (irreg.)

.Smith

Pillsbury .Mills, $4 preferred (quar.)
^Pittsburgh Bessemer & Lake Erie—
? Common
(quar.)
(Pittsburgh ; Screw
Bolt Corp;\

7-15

7-15

of Rta.

8-

50c

U.

5

ffoum

■i

25c
50c

S. Air Conditioner, $7
preferred (quar.)_
U. S. Fidelity &
Guaranty (Bait.) (quar.)___

8-10
7-

.Smith

*

-Portland

Oil

'^Slater

$1.10

*

Phelps -Dodge Corp.: (quar,) —
—"
Philadelphia Electric Co.—
14.4 % preferred -(quar. )_.»
—:——
•'
^Philadelphia Transportation—
Participating- preferred
;
^Philadelphia & Trenton RR. (quar.)—
^Philip Morris & Co., common (quar.) _______
$3.60
preferred
(quar.)
y—
.f i: 4% preferred (quar)
fPick (Albert) 5% preferred (s-a)
—
t New
common
(initial)

Corp.

6-10

7-10 ■M

iV.

Payable

-

6-29

;

1

$1

....

Oil

8

62 %c

....

7-20

7-

»8-20

'

$1.50

(quar.)
I-...
•Sigma Mines, Ltd. (s-a)
-Simon (Franklin)
& Co., 7%
pfd. (final).
Simplicity Pattern, 5(6% conv. pfd. (quar.).

6-20

1

8-

7-18

7-

25%

■

7-20
6-28

7-15 /

v

10C

■

Common

% 7- 6

7-30

-25c

:

dividend

^•Sherwin-Williams "Coi ot

5oc
—

7-2

7-30

'■

25c

com..

r

8-. 1". m 7-i9»
7-15
6-29

75c

(Omaha),

Selby Shoe Co.
(irreg.) -I..........—
-Bhawinlgan "Water &• Power (quar.
Shell Union Oil 'CoTp
J
Sheep Greek Gold Mines, Ltd. ( quar.)

7-15

8-15

-

aI

85c

Security Storage Co. (increased quar.)
.Segal Lock St Hardware, $2.50 pfd, (quar,)..

11- 4

25c
(quar.)——- ---- $2
Jpeabody Coal Co., 6% preferred (accum.) —
•t75c
Penman's Ltd., common (quar.)—
■/
111.50
6%
preferred <(quar.)——~— •••
(penn Investment Co. (Phila.)—
90c
$4 non-cum. conv. preferred (s-a)
-15c
tpenn Traffic Co. (increased)—
SOc
Pennsylvania RR." Co. (irreg.)_—
•'
Peoples Gas /Light ;& Coke—
—

'■i; $i /preferred

Gear (irreg.)
'Pharis Tire ii Rubber (increased)

8-10

7-11

^

Stock

-

5

8-

8-15

33MJC

Extra

-■

Securities Acceptance Corp.

-

Perkins Machine &

50c

6-28

When

Share

(Del.), com. (quar.)
(monthly)
/
•',.•■' 6% prior preferred (monthly)
> '
6.36% prior preferred
(monthly)
6.36% prior preferred
(monthly)
7% preferred (monthly)
7% preferred
(monthly)
United Molasses
Co., Ltd.—
Amer. dep. receipts for crd.
regis, (final)
Ordinary registered (final)
United New Jersey RR. & Canal
(quar.)

6-29

7-15

$1.25
25c

Co.

-

bk

Fer

-.•■■■'

:Name ot Company

United Light &
Railways
6% prior preferred

6-29

:

•'•'

'•"'••

6-21

■;v'7-15/

r

$1:

:

(initial quar.)—
Scruggs-Vandervoort-Barney, common (s-a) ;

6-25

7- 8

50c
50C

-s—<r

;

7-15

25C

Scott Paper Co., $3.40 pfd.

100%
;

of Reo.

•

7-15

20c

; / ;

Scheriley Distillers' Corp, (quar.)
Schuylkill. Valley Nav. & RR. (s-a)_.»—-

$1

(quar.)

?; Payable

$$2.25

(quar,).—

40c

(initial)——————-——

preferred,

Co.

■

75c

t

preferred1^ (quar.)_4.i*--i---i^i^«--~T'^

$1'

Map

Monday, July 8, 1946

Holder*

,

San Diego Gas & Electric, common (quar.).
5% preferred (quar.)
"Sanborn

7- 1

50C

Telephone,

^

■

"V '

*-

preferred
(quar.)__;___.i/
'Park & Tilford, Inc. (quar.)—
Parke Davis & Co. (increased)
—.
'Paramount Pictures (stock dividend).
■t Common

"M X

;7-15

Share

When

'

shares

dividend—'——

Name ot Company v

Lawrence Paper Mills Co.,, Ltd.—6%
preferred (accum.)—.

;-••

6-30

7-15

50c

v;'1'

St.

7- 5

.

7-15

4%

iPeninsular

7-15,

L.;;".r-

Per

ot Reo.

Payable

Shart

(quar.).—_

Corporation

Boldere

When

Per

that

no

addi¬

be made by

Government without

further authorization by
Congress.
It means that for the first time

the

anced

Federal Budget

be bal¬

and

kept in balance, as a
continuation of deficit financing
and a piling up of Federal Debt
will inevitably mean financial
disaster."
;
>••//■/;> ;>
-




>

15&

^wv>;

■;

§mm

;'"'" P'-'/'r.'

-

* FINANCIAL CHRONICLE

THE COMMERCIAL

Monday, July 8, 1946*
ftrf

■,

i

r,,;.;

NEW YORK STOCK RECORD
.

Saturday

Monday

Jan. 29

July 1

tper share

$ per share

I per share

37

STOCK

EXCHANGE

52%

*371/4

38'/a

38%

-

4

10%

'

63

63

«r

81%

51

51

51

15%.

16%;

16 Va

16%,.
41%
86 Va
22%

•40%

41%

i/vvv 41 ■/;

'

86s/a 22%

'

86.,: '87
"V ""'vi! v"?

23 pe

Ay

23 i/a
633/4

-*61

132 i/a

*131

80%

41
87%
23%

•

■

''-v'

33%

*120

127

125
156

75

*70

27%

283/4

*27%

28%

107%

107%

70%

-78

68%

-

69%

-

68

-

9%

9%

-

9%

23%
-24%

23

23

m--

fHf

^11

10

i£

49%

-

*52

16'A

15

15%

*15%

-15%

-

107 y8
isy*
*143/4

15%

•15%

37%

-37

31 Vi

15

-

*33%

105% 1053/4

105%

21%

*21%

40%

40%

159%

1597/a

159%

21%

*159%

17%

17%

*■'* 17%

45%

46 Vi
20%

19%

*

-

V

;
39%
"7*106 " 106%

,

K.

4

-

28%

*

m:

50%

"50%

67%

69

y:;.:

187%.-188%

*29%
-50
188;
♦167

53

151

6% Jan

3

Jan

7

$7

•

-198%

198
:

-

95%- 96

172%

172-

-

$6

-

-

1,500

-

f 2,300

■.■■'I

53

-

700 i.

,

152

5

200

60

f

300

♦59%

59%

657/a

63%'
174%

48%

'

i

*112

24%
19%

8%

8%

36%

36%
17%

jt*.r

17

135

'

*30

31%

25
-

25%

28% ;

38%"

-

146%

non-^um preferred

.87%

Am Sumatra

77

■

26 3%

29 3/4

553/»

115

1163/j

122

*121

79

41%

42%
91
•

124

•

78%

32%

33

24%

.23%
•

152

*148%

155-

*148

;;

155

1

61

10%
61%

32%

33%

'

33 y8

10%

,

32%

'

'

*103/4
-

60

r

32%
10%
-60 /

&

79

23"

*30
"

$5

<

V 33
-152

prior

33 y8

59%

,

10%
59%

/

Dec

29

Dec

2

36

22%

Jan

31

Dec

41t

Aug

Dec

Apr 10

128%

Jan

67% Apr 18

29%

Jan

Dec
151
53% NOV

Jan

Andes

•

60

8

Artlocm

Corp.-

613/a Feb

No

preferred—v

1st

2d

22

104

Feb 27

110% Feb

3
Jan'; 3
3

128

43% Jan

4

.

431/4 Jan

-

Atl O &
a

5%

73/4 Jan
:

12'/a Jan
132

133

$5

$5

100

-No par

——

.No

t

.No

prior ctfs of
Co.

dep__

1

.

'

$2.25

conv

of Del

IThei

.

I1-

preferred- -No

,

84% Jan 28
26

14

76 3/4 Jun

-Si

/

; >;

}

.

26
13

Fefb 15
253/4 Jan 12

14 i/a Mar 13*
108
Feb 13
Jun

24

26 3/2 Jan

3
.3
3

150

-

9% Jan

% *"

par

.243/2 Feb

3

120

——50

—

Corp

3

1153/a Jan

par

Autocar

1,300

Jaft

xl01V\ July

par

.No

27

333/t Feb

par

prior A—..

>

;

59 3/4 Jan

57'/a

Jan

July
38'% July
12%. Aug

Dec

45*

Dec/

Dec

113

109

8.

49^1, Nov
23% Nov

r

S

4'/a

Jan

9% Nov

3

23'/a

Sep

| 30 y«, Oct

6%

Jan

-*'

102'/a Mar

/ May 29
Jun

172
> 65

111

25

Mar

423/4 July
106% NOV

May 31
112% Feb 13

11% Jan
10

Jan

May 29

111
45

Mar

•56

Mar

.

Nov

141

Nov

S

59% Nov

108

19% Dec

94*

51'3/a
110

45

71'A

Dec

83%, Dec;
Nov

83% Nov

Sep

42% Dec
120

Nov

May 13

97% Jan

3

July

25% Jun

1

60

113;
;
.

10

165 Jutt 10

27% Dec"

14% Jan

18

Jun

150

120

.

17.

32 y8

Nov

52% Deo.
113% NOV

30% July
110
Apr

3

34% Apr.
135

Nov'i

139%
;

33% Feb

9

May 24
May 28

130'/a Jun

140"

Jan
48% Jan

®

Nov.

*29% Dec

101.

25.

82.% Jun' 17
49% May

76% Jan

...

Dec

127%

Jan

5

15

Jan

113

14

May 31

.

,—'U'w—w.5

Corp

24% Feb

Jun

37

383/i

'Z'24%'Jart>f

July

125

preferred—IZ3>o

Nichols

14

121

Powder————..No par
—100 :
conv pfd

Austin

Nov

Feb 26

96

i;Cum

Atlas Tack

49

148

Jan
Feb

65'/a Mar 15.

Refining-!-—1— .————25
.——100
'4% conv pref series A_
3.60% preferred series B-.—-100

Atlas
;

29y« Jan

115% Feb 21

■

.NO Par

.Atlas ; Corp--—

:

48

•

Jun

6

32% Jun

27 Va Jun

*

83

153 f May 21

Jan

18

par

"Dec.

11% Dec

5% Mar

36% May 28
30
Apr
9

23% Mar

140

Dec

Jan

137

4

..Jan

511/2 Feb 26
1073/a Jan
2

Nov

18% May 28

3

■

Dec

112

60%

.103/4 Feb
40 3/4 Jun

10

Atlantic

a

;

8

1221/4 Jan

26%

f

31%

100 i/a Mar

1
■27% May 27

26% Mar 22

W I BS Lines——

non-cum

Jan

::
M 8%; Jan;;
997/a Jan

8

May

63

'

__*^100

preferred--—.——

5%

0

121% Mar

Sep

60% Jan

7

4

Mar

18

pat

Dec

Dec

116%

62'A May 28
Xll4»/a Mar 21

21% Jun; 26

131 i/a Jan

No

Atlantic Coast- Line

28

Feb

Feb: 28

Dec

24%
'69 Vi

61% Feb

451/2 Mar -4

Santa Fe— —a-108

Atch Topei.a &
y.

17,700

1,300

90

161%

13% Mar

15% Jan 29

9

91% Oct

v

43% Mar

182% Jttn" '5>

"93/4 Jan
79' Jan

Dec

90

Jan
Jan

5

1

Assoc Investment Cd,.-

Jan

65%

8,

28% Jun

29 3/a Jan

--i-100

65

9

70% Jun

.

«

preferred—>

26

Mar 21
Mar 14

1,18

——3

.—

'196% Nov

145 »/4

173% Jul^8x
29% May 28
78
May 28
121
Jun 24

223/4 Mar 13

r

Highest
fper share

Jan

1003/4 May 17

2

1583/4 Jan

_No par

Dry Goodsr new-

$ per share

157

per'share

200 3> Jun
3
99 3/a May 21

26

1

V---——-No par

$3.75 preferred

t

80% Feb* 26

Mining—

Copper

Associated

80

.

Range for Previous
YeaVI945
; L
Lowest

Highest

80 3A Feb 26
;

50

ArftoiA Cferisteblb tlorp-,..-

200

33%
60

,

;

Jtange Since

1851/4 Feb

1% preferred ————-100
ArmstrongT' CorrCo———No pan

1,400

10 y8
;

158

$ per share

y

980

33%

*59%

58%Febw;6<:

8

40

300

10

vy

Aug

43%

112

1%

2,600

155

•140
■

a®

164

Jan

preferred—.—23

conv

"

10 %

50% Nov

Feb

153

Dec

Dec

181

Jan

473/a Jan

$4

6%

450

/

68 y4

Apr

6

Apr 284
May 10
Feb 16

172

8'

41%

44% Nov

Jan

Jan

17i%

12.50

,220

v

50% Feb

-

40 y4

164 y4

Apr 20

27%

preferred ——*
—JVo par
Anderson, Clayton & Co
—21%
Anderson-Prichard Qil Corp—10

100

223/4.

191!

43

1

Anchor Hock Glass Corp

4,900

•

'

'
;

«0% Feb

147

-—--1-100

Smelt

Anaconda Wire & Catole

.;

300
,

Oct

2

25

Anaconda "Copper Mining

800

1073/2

*148

ISO11

323%

Jan*

28% Jan,

Go-L^Lw!-100

——-I-I.

Preferred

100

300

124

22%

-

150 a

150

Aug

52
Apr
5
733/4 Jan 29

4 '•

49% Mar 13

B——-23

Amer Zloc, Lead &

2,200
f

27% a 27%
; 76'/a
>127; 1,29 !

.

33

23

.

20

I

■

49%

•107%

129 ;

150

152

91

123%

"

28

-78%
*30 ;

23%

*148

152

32%

23%

■

:

a 129

32

.

$6 1st preferred———
-No par
American Woolen--!—-INo par

80

a

44

48%

108 3/a

27%

:

•

;

12SV

xl07 V\

Nov

-

IS1/*

•85

♦

>
'

117

121

-

78%

*42
[

91

*123

78 3/a

-

48%

...

128

*30

129

;

4

125

128

i

42

42

y'*85/r

121

V

79"

*77

78 3/2

Dec

31%

99

•

393/4 Mar 13

/

3,600

*

57

116'/a

117 «/a

122

.

~

160

148

*53%

553/8

V 417

121,

-

-

149

♦143

:^T.T./

30
900

29y*

Dec

30%

Jan

..

preferred
—iis-100
Amer Type Foundries Inc_
10
American Viscose Corp
—14
5% preferred
100
Am Water Wks & Elec
-No par

1,300"

26%

Mar

2.73/a Jan

6%

112

•

Dec

19%
184

Jan

17%

.

.Armour & Cd of Illinois———5
$6 conv prior preferred
No par

149»

149

•

& Teleg

Tobacco

55,900

f

7''32"|.a

Jan

176

13% Nov
Dec
'95% Dec

104%

36

Archer-Daniels-Midland ——No par

28%

146%

55

Tdeb

/Amer

1,000

26%

Jan

Jan

'260

per

1,200

'V v'?;*

►«pi

14

Jan

16

Feb

Jan

54%

Jane

EXCHANGE

8%

29%

2%
80Ya

Nov

142% May

Jan

11%

23 v Feb
,

391/4

24 % Jan

1303%

5

15% Jan

431/2 Jun 27

20
A P W Paper Co Inc—.

»

Nor

5

19% Dec*

11% Mar

3
3

July

186

Lowest

200

*30

;JS

*25 »/a

293/4

79

32

31

261/2

108,
108
27%
28

Mar

Nov

123

75
18%

,:■*

2,000

-38*

«

3

10'f

39% Mar

'

4,900

•109

*146

107% 10SV4
T-P 28%r 29- -1

P; 122

y

58%
112

31

31

NEW YORK STOCK

,.^y,;,

;

•58

48

Jan

STOCKS
""

I

169.

i

168

58

Juh

Dec

41%

Jan

21

May 22 ;

Oct

44%

Jan

26

40% July 1
26 '• 107*2Jun 10
67% May 14
353/, Jan
5 y
25% Jun 21
33% Feb
0

par

24»/4

•56 »/2

168

No

Tobacco

20'/a

169

47%

7%

■

108

Apr 22
118% Apr 22

'60% Mar 4
177
Feb 14r

Refining———100
.Preferred —————•—100'

61

173/4

*85 "

Dec

"

par

24%
■

35-

*142 »/a

7 ~,

10

135 «/a

*109

No

*8%

146

87%-

47% /48
124
124

Nov

15

27% Jan F3K-

"

American Sugar

700

113%

61

,dimeter

146

,

103

Jan

95% Feb
*

American Stove Co***———JVc: par

200

16%

♦55

117%
124 r
.79%
81'/a
*43% 42%;
118

I

58

135%

:

17% Jan

"

.--—100

*18 >/a

613/4

146

*122

Jan

9
.

'

18'/a

941/2

Jan
Jan

Dec

130

Jan

4

Dec

27 Va

Dec

20%

10% Jan
77
Jan

Dec

131

Nov

Jun: 24'

37% Jan

29

14% Feb 16

83% Feb

2

5%

Jan

58%

Dec

Dec

29

'14% Jan
V'

;

10%

Dec

.Deo

63

B
27

%:

39%

28

%;

40

Fof footnotes se^ page tee:'X




32%

33%

26% ...27%
38%

39

i2% -33
26%
38

27%
-38

32%

323%

26%

27-

37 Va

38

5,800
-

.

Dec

70

128

2

3.

.

14%

6% Jan

,

17% July 1
60
Apr 10
221% Jun
6

97%Jan

—10

Steel Foundries

17,300

•112

*143

55 4

55

,

.

>

17%

583/4

Mill—

Amer

L400
5,100

y'48

1353/2

170

3

American Stores—!—wNo par

200

55% ; 553/4

28%

?Y

6,300

!
i
;

173/a

112

21

-—--25

Commonr class

6,000

4 87

*57

26

146%
146

145

•••>

62

171%
• 12»/3

1353/4

•

3

Jun

.179

American Snuff

American

100

17%

*30

-

I ' 3,900
■-A

135 3/2

*109

3,900

47

203/2
83/2
36%

July

'Preferred —100

*

•82

24%

n

*363/4

*168

112

*109

24%

36%

58

61%
,12%

*

130 "

107

171%

113 %

83/2

18%

Dec

161

883/4Jan

Seating Co
No par
Ship Building Co
No par
Smelting & Refg—.No- par

Amer

4,100

1.

'25

86

*183/2

8%

•135

109

43% Jun

4

41

•

121

24%
•105

583/4

363/4

50

•119%

543/2

8%

:

136

57%'

.

19

,67%

i

63%
173 13 y8

60%

61%

.24%
;

68% Jan

Dec

196 y* Jun 24

24

17

conv

-

500

4

25%
68%

253/4

JT>

{• 9,200

95

95%
173% l73»/2

48%

1133/2

113%

19

;,;169% 169%
-

54-

; 613/2
241/8

63

24%
*19

vit';

*112

Apr 24

253A Jun

'10% Jan

par

[Shares »

95%

25

48%

58 i/a

113%

61%

,

i

;

I Dec

-yvy

the Week

198 %

198%
*94

105

*573/4

48%

*573/2

,

No

Rolling

American

•

Sales for *

•

July 5,

121;

543%

483/4
-•.' 54 -

--

54

-

y

tt per share

,

",68%V

*83

86

86

58%, 58%

12%

12 3/a

12%

50

.

53

61

170

174%

173

13
84

84

:

105

107

62% *63

r

65

58

45% Mar 21

25

Jan

"

STOCK
exchange
CLOSED
srohTt 4
'•-«

943/4

24%

25%

25

*105

175

12%

*119%

>119% 123

,

107

♦105

65%

657/a

65%

67

*119%; 121
25%
26%

198%

96
1723% 173 25% V 26 :

263/4

Iftddasf'..

-'

■

-

943/4

173

263/4

Mar

119^

15

32% Jun 20
1053/4 July 2

..

Dec

47

10

.

Dec

Jan 28

.

28

«•

Nov

109%
10%

407/a Jan

1

40

,

Jan

15% Jun

No" par

Nov

Jan

118

104

Co--.—

Jan

38%

9

5

331/2 Mar

*117%

Mar

91

Jun

Feb

>i f' 8% Nov

Jan

20%

18% Mar 30
May 10

22

No par

; 6%

2,600

I

343/4

•150

;

-953/2

173

m

96

5

130

?t

17

Dec

Nov

56 V*

63

26

115% Jan

9%

12% Jan 28

Jan

—100
No" pat

preferred

Preferred

Amer

|

Dec

57

Jan

;'f; 2% Jan

..113/4 Mar 12.
-343/4 Mar 20

preferred—par¬

ts

"

■

.

30% JaU
3%

123/4 Feb .26

American

-

v

10%, Jan.

.

29

553/4 Jan

21

"99% Jan

prefmed-——^100
American Safety' Razor—-1-18.50

46

•37

-'./"'.Thtirsday''"
July 3
:.'.v-'JnIy4'..:.
-Ai»er share-*- $ per share
-198

-

>11%

Pcrwer A Ught^ii^!wpar.

.V; A% %

,

-37%

H45%

Y-

Wednesday

95
-95%

26%

26'/4

Feb

97

preferred—

American News

^

"

34 y4

198%

95

Dec

44% Apr 15
' May 11

54% Mar 14

r

Am Rad ds. Stand San'y_____No pat

1 1,100

176

*167
i

t

,

"

>

20

45

*52%

197%

.

27%

118

Apr

9 Va Jun

-

37

151

IS

-

190

53

-*933/2

-

-

14V4 Jan

3
473/4 Feb 21

100

American Molasses Co

>

"

*43%

BALE PRICES

AND HIGH

July 2
$ per share

-

-

93%- 93%

.STOCEt
EXCHANGE
CLOSED

share f i

t per

Jan

"'

No par

Amer Metals Co Ltd_

450

.

Tuesday

July 1

-

Dec

15

129 »/4 May 15

32% Mar 15
105
''

——J 00

Amer Macfi
3.90% ciim preferred
Amer Mach & Metals

y

4,200

106%

189

-•

46

*59%

•

Jun, 28

.

113

par

_No par

American Locomotive—^
^ 1%
preferred

-

I per share

No

$7 2d preferred A_

3,500 >
?

50%

34

151-

1513/4
60

LOW

Monday

Saturday

19%

No par

preferred

Amer Internat Corp^,
—No. par
American Invest Co of 111——_!

121,800

68y«

53

53%

60

60

Nov

69

13% Jan,

3

"

30

337/a

.

"

58%

25% July

«

1,200

68

•

170

36 y4

.34

♦149%

'

45%

.

38

53%

54

151

.46%

33%

-

900

Oct

29 y4

Dec

18 Va

21

190 S

*56

v

•29

'44%

45

34%

•

'

^^'^;«8#f58%-

*

188%

170

33%

9

Dec

Dec

149

69

Jun

>

523,100
m
370
k 1,500
'|'y 600
j. : 490

68 3/i

45

36%

'

38% ilS9.%

!

58:

-68

■

*167

36%" 38

3*

Nov

156%

112% Mar
.

,6

* 6%non-cum preferred

'

I88y2

46

Jan

12"

i 10,200 > ;A«er

18%

•176

29 %

45

46%

46

Jan

110

23'/2 Jun

2,100

5

x20%;;20%

'4e;

106

58%

44

.

*167

27

1

73'% Apr
11% Feb

-

| 2,900

46
18%..,,19ya
123y2 123%
112
112 ::

106%

'58%

-67%

-188

.

~

38%" v

39%

170

44%

.

.

;5PE

58%

:

67

10

Feb

4

*

900

i
t

46 ^

.

i

179'"-•'

106

29%

-29

29%

50
■

40% Jan

150

3

350

|

'

59%

59

60%

59%

..

20%

2oya
179

39%

39%
40%
fe105%"l06y4

.

112

112

20%
180

40%

161
;it:4 17

I*''""'

124%

213%

161

r

•iL..

19%

124%

112%

♦177

180

21 y4

40%

•

»■*

17 y4

19

125

20%

21%

21

'*177

W'"v"4\

197/a

110%

iu%

;-.in

M:yW.

42

I

1,600

!•

105% 105%

46;

X45%

46

19%

1

Dec

127

Jan

400

33%

33%

21%

17

17%

46

'124%

Jan

'I

397/s

124

122

5,000

200

37Va
^15%: 116%

Dec

87%

Jan

Jan

900

|

:i37%-

Dec

"

199

96

Feb

No. par

No par
$6 preferred
—No par
American Hawaiian SS Co.
—_10
American Hide & Leather.
_1
6% conv preferred.——50
' American Home Products——
_1

—

'i

17

112% Oct
;;

39

34% Apr 22
83 '/4 Apr 20
32>% Jan 28
108
Jun ID

•

•

Jan

72% May 28

164% Jun 14

"24% Jan
103 3/2 Apr

135

132'/8 Mar 20

5

Dec

55% Oct

-183%, JW

24% Jan
3
*64
Jan "3"

1-1-50

23%

,

Feb

891/,

■Jun

80

-

^

16% A6gr

15

137% Feb 25"

r—llOO

500 / American Ice

I

1061% Jan

210 i/a Mar 29

10.

323% July 3
121""A Jun 25

,

4,100

.5

i<,.fel4%.-15 ^
*i5y4 '15%

1053/4

-

-

«»..

>&a.

34y4

227/4
41%

21%

lu

-

:

*1157/a

34%

33%

159% 459%

40%

- -

117

116% 116%
•

34%
*104% 105%
34

:

*107

117*

IT'A Fed^ i '!r

28'

Mar

Jan

8

,

100

f
i 2,600

.59 y3

'

118% 118%
*15%
15%
r—*118 # IIS

15%-

37%

-

15% V15%
37% -39
116% 116%

1

15%

*15%

*55

-.

—

120

—--ii.in

Amer & Foreign Power

1,100
i

tm

136

-48

■

800

■■

i

50%

50%
v

16%

1

Mav 16

573/4 Mar .13;

v

10

Dec

41% Dec

15% Aug

.18

.

600

113

par

43

Ocl

American Export Lines Inc new__40

f 7,600

37% -38

-

,

128

Dec

Mar

25

Dec

71

Jan

x4l

Amer. European Sees

900

16,600

253/4
93/4

693%

14

18

Amer Distilling Ccr stamped—^_20
American Encaustid Tiling
_1

v

1,000
i

14

Jan

90% Mar 13

No par

Sugar

88% Jun

Sep

ll3/4

203% Jan

30

>11% Jun

1-.I100

' \4%% prior preferred

5,300

23%

•HO1

89y2
119% 120%*

15%

15%
*106%

*15%

i

•55

m-%

--120%

421%

121

'

'

2
21

Dec

35

Jan

28

64% Apr

Jan

196% Jan

No par

I

American Crystal

10

70%
m

.

24%
9%

I

493/4

-48%
-18%

57%

•

*106%- -117 ••1

--Jr

113

*118%

493/4
•HF/a

10%

59%

*53

,.r

500

11

20% Mar 13

^_100

—

4%% preferred

—

k"^^'i;25 ■■y12^

38

*37%;

38-

113-

-

-

93/4 '

9%

*122% 125

124

37%

*111%

•50%

49%

■»t

Wf

;

'

124

125

125

25%

24%
-

10%

10

37% -38%
111% 111%

*9
...

No

Ameriaan Colortype Co

I

23%

oy4
23 Vi

American Cnicle

500

I

Jan

Dec

5~6~y8
'?

Jan

3% Jan
433% May

19% Apr 24
451/4 Jun 10

26

28

230

|-

27%
108

69%

!

70%

23%.

-23

22%

-

10 %

10 %

*26%
•107

108

♦8%

23%

*71

27%

2?y4

533/2 Jun

Feb

23

50

*

p.

Am Chain & Cable Inc
5% conv preferred-"

u

1

33

100

I

75

r

Mar

Dec

48%

104% Deo

38% Jan
•

Apr 25
9i% May 29

10

par

Can

i

28 ya

28%

75

129

7% non-cum preferred

• ■ -

•t

156

156
■"

1

78.

American Car & Pdy.

1,500

1223/4

12% Apr 25

l
No

Preferred

—

32%

♦120%

* '

75

*71

9%

■

23%

-

2,500

M 32%

28%

*107

74

American

69

|

1

_1Q

Amer Cablef- & Radte^Cnrp

"

2,800
200

126

62% May 31
397/a May 27

39

36%

Jan

19

1

5

15'/a Jun

Corp

20%

102% Dec

8% Apt
543/4 Apr

5% % : preferred

I 9,200
'

Bosch

6

Jun

Highest
$ pershati

share

27% Aug
(

63% May 27

4

new

Brake Shoe Co-

Jan 30

39

1073/a Feb

■

ft Jun 25

50

Note

S per

313/a Jan

.

preferred™^

American

Am

'

y';| ;

12

*124%

.»*

6%

: •

v

400

106%

157%

283/4

29%

-*28%

29 i/a

♦106% 107%

M.

124

♦156

159

29'/4
;P*71-.

50

400

/

132%

68

32%- '

.

Bank

208

70%

*120'A

156

•124
157

'

32%

34

33%
•

American

100

128

*124%
32%

Airlines

">■

28

Lowest

47 Va Mar

pai

j^NQ:■ pas

Agricultural ChemioaLlVo par

American

207

,

'

128%

*-124%

127

*124'/i

•

623/4

"11%

Amer

600

87%

No

.;,...

Feb

,

Amerada Petrol Corp new___No Per

2,000
i

20,400
800

24

;

*131

206

69%

70'%

70

'
*"

41

*62%

110%

*204

205-

204

202 ■- 202
71%
70'/a

:

.15%

*85%

12/V'""

H7/a
100%

100%

99

-

/

33

Amalgam Leather Co
6%ccnv preferred

200

v

*■* '

Alua-unaimert) Mtg
Alpha POrtlahd

;

13,200

16 y»

.,*23

62%
132%

"62%
131

12

11%

12%

•

> 100'/a 101%

50

yyy

41

4

;

..,-V

11%

80%

50

•

V

'A'-'A.ya

65%

>•'

16%

23%

fe

11

10%

:

51

*85%

*

y;

65

40 y4

132Vi

-

*.'dy

38%

$ per share

45% Feb 28
103
Apr 25

Ailied ecores Corp

4,200
300

56%

*63%

15"%

.

-

82%

*131

56%

Highest

$ per share

—
—Aft
4% preferred—^^..^,^..-„„,l0O
*106% 107%
*106% 107% -y—Common

*36%'

Year 1945

Lowest

Allied Mills Co Inc.—,—.«.■»»

35,100
106,200

'

82%

81%
*50

62 "

1./V *'

•

Range for Previous
Range Since January 1

par

Shares
700

37%
51%

*51%

,

"A"JULY- 4

107%
57%
38%
38%
lO'/a®
10%:

10O

*63

66

>81%

50

;

.'V. ■' -'■>

STOCK
EXCHANGE

56%

81

*54
■'

"

A);.' \A-

37%
52%

38%

10;

'

10%

%:■

it

■j

$s

55%

the Week

$pefshare

CLOSED

107 Va
57

•IOC

-

57%

JulyS

NEW YORK STOCK
EXCHANGE

8alesfor

37%

37%
51%

'.;

.

'PPV.yyyV^y;;;/STOCKS'

y

y

Friday

.$pet share

tper share

52%

rft

.;

563/4
.V-;

v 50%

%
107 %

r'/a

;

*106

CLOSED

July S

37%

37%

37%

50%

'

,,yy-yiv

Thursday
July 4

Wednesday

July 2

:

PRICES

SALE

AND HIGH
Tuesday

LOW

10,000
1,100

Baldwin

Locomotive Works

A%

;-l3

OhlOji»*»njM.n'*..««-I0fl preferred
100

Baltimore 4b

Mar 22

387/a Jan 30

24% Aug

21'/a Apr 25

30% Jan 16
47 Va Jan 2?

19'/a Jan

30

341/2 May

6

11%

Jan

35%

Dec

28%

Jun

;; 447/s Nov
I-;int

■

;

1

■„

t

-Volume 164

Number 4505

THE COMMERCIAL & FINANCIAL CHRONICLE

NEW YORK STOCK RECORD
LOW AND

Saturday

Monday
laly 1 1

.;
■

Jun. 29 ;

"

Tuesday

>27
STOCK

*

*87

EXCHANGE

87

58

CLOSED

%

87

*55 :-

29%

29'/a. 30
29

29%

57

57

:

n

*65%; 67

a

117% 118%
106% 106%

25%

142

26

30%

:

48%

49%

.

*

•••'

x 32'/#
•'••';:42'';." 43%
V30

303/4

75

29

43

165 %

56% ■
39 /

57

"'"J

60

63

*66%

68

*

:

r

*110

110%

*66%

;

54%
*

57

*106%

68

8%;

r-r

8%

107

-

56%»

57%

26%

27

90%

90%

16Vb

18%

' '

49%'
37%?

50%
377/«

'

56

t

112

107

107

32%?

23%

*90

•

*112

56

.

108%

*107

32%
24

?

124

.?■••

„

•

43

«.;:■?

"

-

113%

,••>< 3fr

r;,.,

32%

:

125

33)

14; 23%

24%

'

*107

■

*124

,

18% ' 183/4 ^ r.',- 173/4- I8Y4 v i ;• 17%
.;.t% :sr,?r%
97

-

?

97

96%

,

36%r 36V#.?

•

106 <V 106

::

V-r 35%

r

r'42%r;f43

*42

v

52%; '53' $1
:.:^,5^; 54 j;-;-,;

>
•

42%

-

51%: 51%

U

;r.^,v:v3'

36-:

105-%

lOft'/a
.:

r/j.^96%

973/4

.

v

..

.

«...

',

.:

.

.

i.

.f

99%
93

—*

*110%

-r

;.

111%

261/4

261/4

42%

,

54%

55

*106 3/4

107

'

r,"

83/a

*573/4

<V;

.

591/4

25 Va

25%

v

*90

.

95

17%

.

38%
56%.

53%

*8

.

17%'

r't
...

.

4.

48%

*37
v

,^

...

35'-.f/♦i'VL

17%

•'48%

..

113Va 4?.^;u '

39

551/2

551/2

*112

.

113%

...

43
108'%
33%.

24

*413/b
53 V*

|.r

X

107

126

V-

;•

J.

4-

*42

■

'

-

43

*10T"r -108%

*331/2

,

34%

''j."
f

.

'

.

V

v

-

17%
?,A;

.

97%

.

V.vu

.

»/#

^

-42%'52

5;*J05^ 106%
<

.

=' 42-//

•v'i

..

:42./.'->

«o%i? 5i.

25%

26%

*98;%
*91

99%
/

*98%

.

92%

*91

' 99%:

•108-

II*

t,-Ji

'i
l

*100:

.402

20%

20%

it

-:,M2.^:,12'%
25% 26%
*98V2

99V2

92%

92%

t,- 35J%'

35%

t

,

-109

aim 113

a

i

92%

'
"

'

f.T; "f*?'34% '34%
108 ' >
*107
108 %

88%

^v,30 tV

31 €T

109 -109 I#

"36

Dec

Dec

;

.,* <

.&L..J?,'

*353/4
36% '
106- ' 106

*42'*51

.

35

•105 ?
>

38

25%

v

.,.

r

723% Dec

28%
31%

•:

cr-.

36

? "

73%
s

■

8 i,.»

29%

v

*107

r,

109-ir
"

36

35%-

,,

;i,

IV

108 "4^

73/4

29%

lOS'A

?

7%.

29%

108V*

,,.v

29%

109 .V
*34

^.iK'«-34%

.-

35

?*107

-U08;

V-i-7%
-

35%.. yV-Y

AND ttfGS SALE PRICES
''Toesdaf?Wednesday .
, juiy »jiuy
8,^4;;;
-1 per share
$ per share

>7%

>2ft—

Vie

29%

110

•

110%

'

LOW

Monday,

Saturday
r

Jun. 29

t per share

•

,

^

.

July 1

?

I per share

;

%

//- STOCKS
*

4

::/Frid*y.;

Thursday
jruiy 4 ' •

Sales for

; July 5

the Week

8 per share

4 Shares

f

f per share

58%

58%

9%

9%

BO3/*

168 1

168

'78%

78%

70%

70%

'

*106% 107 v
159%

*159

Ss*34'#^-3&%
223%; 22%
25% "• 28
16V« -16%

:

*1115/8

113

*101s/a

101%

♦16%

45%

i

i7ya

"

45%

..

243/4

24%

*35Va

36

*58 3/8

;

j>9%

!

*111% 1121
v^29

'

>

*23'/*

2»

24

*1/.

ii Va< -11%
f.

18%

7.12%

185/a
:•

12 V*

/

21%

21%

26%

/

27

62

-62

•

34%.

341/2

61%

62

X 31%
>

/

For footnotes see page 166,




,62%

'31%

*57 Va

58
.

i
-

NEW YORK STOCK
.

EXCHANGE

■

■

*

Range Sine# janitsry 1

■

.

^

50%

9

Dec

Dec

Nov

44

:■

...

34%

155

73%

31

•

983/a

5i%

«...

•91

Dec

283/*

167

*42%
283/*

.

.

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*106% '108Y#>
*106% 108% t4 *106% 108%
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.'203/4
21%
iWSB&k
12%
12% / - ?>11%
12<
12%
12%
*98%:

Dec

35%

73%

♦

»

30

31:

*166%

49.'^...

*37

431/4

HO3/* 111%

i.'>■

53%U
56 ? v.v

17%
48%

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56 '
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3ft *
.'35'
f 43-,-v?; *42%

*55% '

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-'v"V

90-

-

" *

18%

48% 49%
r'37%- 38 ;

»

•

90%

*

17%

h"

42%

Nov

32

..

8%
59V*
2&%
90 £

.r

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25%

126

;

-v

58%:4 ,'59%

33
'

126

8

26%,;;25%

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v

>.

;-26%

.

35%'

35%
.43%? 43 V#

X.' *106%

58%

,.

57

r

112

<54%

-107

;. •'•/&

•

68

53%

53%
57

56%

'

,

J- : 68;

'

-

Dec

Dec

63

110'/a

*110

42%42%

'53%

,

58 V4

107

4~!'.

,•

._..

,

109%

*43

166%;,......
74
42% :'^

62

62?

35

*313/*

61r

•

Dec

X303/8.

•

-

,48%

„

26%

;i 42%
53

48
...

V 4 ■ *iio% in H;;-■ ■..
26%7>if - 26% 26%". tv.
. ,;m 4

T

29 V*

110%

48%

32-•

Dec
Dec

24% Dec
29% Nov

253/4

291/4

61

./

110%

110%

,25%
*110%

'

29 /j, <>/..;
317/a
31
5ft £-.
*55 *'■ 56 % < c%
40 '
*39 :
40',-i. w;;_„
60v-4 *55
57. §%&

*38%-

27 V

:

«

"-.J"

32

17%
42

.,*56 r
*11e% • 111:

r

111

26%
62

> 56-

39%

*56

*110%

42%

*73%
-42%

105%

136

28%" '29% && 28%
31%

*

166%

Dec

29

,

43%
3Q%._
110% 111%

.

Deo

58'/*

I

•

'

*43
.30%

74%'

.•?'42'/<r

•

323/4

<

•

.

166%

"*73%;

;r 29 5/s

32%
•.

mvi 111% ;

:166 %
v,'75%

*42 Va

'

,3tt%

*

32?

:

v

110%

'

,•

1 Jun

'

1

y

25%.".
30%

*110%
48%

81

66% 67118% 119
105%

41 Va \

20

.

;■/ 52 V*

"V?

141%' 141%

32

110%' 113%
*165

' 41%.

110%-110%
48% - 49 »

;"3232%
30

-142-

Jan v.*? 23

May

28%

*563/4

,%

22%

-X/ 26 v
25%
25%
'
25%
*30%' 31%X
.
" 30 "

110%

-

41%

*41

ii8%i;4

22%

Highest
$ per share

"

Oc

106%

-25%: 20 "

"251/*"

30%

ii8i;

118%

106%106-v

•

29'/* Aug

56

■

28%

:

12%
66:

57

28%

,

.

t per share

39

*55

67 fg; t 2';

:

22

:

;.

Shares

87

563/*
39
/

"

Lowest

273%

87

«

'

JULY 4

ifear 1945

«ibe Week

$ per share

•26%

CLOSED
v

58% >;;/<•

> 67

>

22

*110%

28%

'■£&

<•

us

23

24%

28%

*106

*40%
41%
*141
143 >
•

67

/•

Range for Previous /

Sales for

Friday
July 5

•

.

EXCHANGE

39%i '
20%
28%

57% ;; v;: *56%

67

;

STOCK

57%

29

July#

,

$ per share

87

55Va

/ *38%.
: *55r

.

30

•

,

27%"

*86

'

28%
57%'

"

23

58%

>38% 40
.v;>55-i. 5tf
.

5614

Thursday

■

t per share

87

57%

■

,

July 3

,

,

':27*^h:**28%

«26%

•

59Vss

'37%- 38%

5

-

$ per share

277/#,

PRICES

Wednesday

July 2

J per share

Sper share

HIGH SALE

62 Va

Par:

' ;Lowest'
$ per

*

'

.

.Highest

share-C:' $ pet share

THE

CoiitM^ERCiAt

FiNANCIAL CHRONICLE

Monday, July 8, 1946

NEW YORK STOCK RECORD
r

Thursday

July 4

Saturday

~; Jun. 29

July 5

8 per share

CLOSED

200
,

Chicago Yellow Cab
Ohlckasha

tchllds

45

45

70

127

128

5,700

♦106

112

JULY 4

Lowest

Chile

-

Cotton

No par

Copper

Chrysler
Clnn G

■

& E Co pfd

4%

series—100

3,100

Cincinnati Milling Machine Co

55Vs

55%

3,400

-34%

34%

3,700

#15% -15ft
103ft 103ft

1,600

31%

6,400

,

31ft

*63%

160

City

Stores

5%

*111%

112ft

& St.

Clev El

Clev

*68ft

70
107

104%

5%

Loula Ry.

Co.

Ilium $4.50 pfd

Graph Bronze Co
preferred

Special

gtd

4%

Industries

Coca-Cola Co

iI

66%

*65

52

*107%

52%

109
61%

108 ft

61

60%

•61
;

111%
17ft; 18%
20ft
21%
•28ft
30

*28

16%

;

69ft May 20

59ft Deo

Feb~26

54%Apr~22

31% Feb

49

Dec

Apr 26

108ft Mar 18

101ft

Oct

106

Dec

34%

Jan

104

100

110% Jun

28

116y2 Jan

17

110

Aug

23% Jan 29

14

Nov

preferred

conv

&

Fuel
cum

Iron

No Par

Corp

preferred

conv

16
May
20ft May

&

Southern

4%

non-cum

4%

non-cum

1st

100

0
4

24 ft May

20

6

preferred

24

May 10

2nd preferred

23

May

6

,.„,..„_100

preferred

Columbian Carbon Co. (new) _No por
Columbia Pictures hew

$4.25

cum

pfd

No par

31

Mar

50%

Nov

28

31

Mar

50

NOV

14

Jan 24

4ft Jan

lift

Dec

4

111% Apr 10
107
Jun 10
48
Apr 22
36% May 21
106% Apr 10

90% Jan
64
Jan

3

Jun 21

10

47

Jan

5

__._100

112

Feb

19

19% Mar 15
2% Jan
2

$6 preferred series____ ____No par
Edison Co
20

*122% Jun 19

36

62%

51%
8%

:

Conde Nast Pub Inc

Congoleum-Nairn Inc

33 ft

53 ft

112ft

113ft

52ft

*52%

;

•

Sep
11% July

IB

42% Jan

18

60

31%

.

55ft
10%
36
109%

May 13
Feb
6
Feb
6
Jan 28

24% Jan
106

May 27

VuftCe Aircraft

1

23ft May

6

33% Jan 17

pfd

100

33

2

112

47
Jan
8,
115% Mar 15

RR of Cuba

6%

Pow $4.50

37

Can

v

Jun

21

Jan -4

" 54 ft Apr

17 ft Aug
108%

14% May

8

53 V4 Jun

10

Jan

26 ft

Apr

18

12% Feb 20

110ft Jan

No par

2

6
24

Jan

17% Jan

19ft July 1
102
Feb 25
109 ft Jan 10
39% Mar 13M* 53% Jun 10

par
20

Inc

July

8% Jan
93% July
37ft Jan

-

113% Mar 29

106ft July

18% Feb

10% Apr :

63

46

8
Jan 18

Jan

1

16% Jun 26

24 ; Jan 29

8%, Jan

Continental Oil of Pel,B

35ft Feb 26

49% May 23

29% July

Continental Steel Corp new__14
Cooper-Bessemer Corp
—No par

17%

22ft

20ft May

6

22ft Mar

6

Motors

prior preferred
Copperweld Steel Co..
Conv pref 5% series
$3

Corn

61ft

Exch

52% Mar 12

No par
B
50
Corp
1

Electric
Bank Trust Co

Cornell-Dubiller

21

17 ft Jan
3
52
Jan 14

20% Jun 27

Tr 205 #205
io%' u

5ft

"

30% Feb
56
Jan

23 ft Feb
60
Apr
27% Jan
67ft Jan
39% May

7
20

5

109 ft Mar 15

8

70
Jan
210% Mar
14% Apr
7% Jan

*199
Jan'
2
10ft Feb' 26
5ft Mar 14

16
Jan
47ft Feb

12 ft
49ft
16%
52ft
30
101%

16
24
18

33 ft Feb

#58% May

_

1

19

57% Jun

3'/a%

-

*23% May 29

105 ft Feb

20

5
preferred
...
100
Vorti products Refining.. .—iy.~.28
Preferred
..a—.....,, ,..,......100
Coty Inc
—
1
Coty Internat Corp
1
Corning Glass Works common

Jil08ft'(iQ8ft
S 64% .64%
5ft

Jan

26ft Mar
29ft Jan
3% Mar

23% Apr 20

Continental

56

60'A
t.

:

40% May 31

5

Continental Insurance

*37ft ,'3(7%

-

7

26

$3.75 preferred

19%

19ft.

Mar

16% Feb

Continental

56

*54%
21

22

105% Jun

Continental Diamond Fibre

26

.*

77ft Apr 22

0

$5.50 preferred

46 ft
.

Jam

2

pfd—No par
20
Continental Baking Co...
No par

'

22ft

Jan

28% Jan

32

Container Corp of America

55

*55%

89

36ft Jun 17

No par

Consumers

14%

•24%

H

1

26

No par

•

17% 1

Jan

110
Dec
15% Aug

5

38ft Feb 26
~
6% Jam 4
82ft Feb 26

Consol

f ;;
48
48%
;*113#113ft

,46%

39

0

No par
No par
5

Consolidated

18% *19%
»105ft 110
,

•14ft
54%

»

$5 preferred
Consol Laundries Corp
Consolidated Natural Gas

24ft
33ft

'

Deo

Consol Edison of N Y

19ft
53%

24%
# 33ft

"

Feb

Oct

Dec

26

32% May 13
5% Jan 31

132

Oct

41%

Consol Coppermines Corp

107ft

19ft

July

107 ft

28

42% Jan

No par

Consolidated Cigar

33%

*106ft

59% Jun
122

110% Nov

Nov

36

Feb

31

Commonwealth

36ft
51%
8%

62%

Jun

29

Jan

No par
Commonwealth & Southern_.No par

36

46%

Jan

98

Credit

preferred

$3.60

125%

Jan

47

24% Feb 26

Ho par

w w

Commercial Solvents

35%

50% Jun
46% Jun

Jan
Jan

47

39%
30%

125

28
28%
25%

Jan 14

Jan

18% Deo

14

39%

100%

38

115

35% Jun

Columbia Gas & Elec

12ft

24% Feb 16
39
Jan 14
39
Jan 14

50% Dec

35% Jun 21

Class

9ft Jan
109
Jan

37%

36%

•

Jan 23 '

42%

102ft Jan 23
36 ft Mar 15

36
60

*59

►

62

No par
No par

5%

5ft

11

No par

No par
9% preferred series A—_100

125

35%

Apr

35% Jan

5

Commercial

5%

#

36 ft May 21
60% Jun
7

63ft Jun

i

„

29

34% Jan

2

5%

121
,29%

124%

Jan

53ft Jan

May

26

106ft

•29ft

93 ft

3
4 :

130

50 ft Feb

111

*99

• July
44ft Feb

Feb

38 %

:

61

45% Jan

56ft

55%
121

-

35 ft May 20

100
100
Columbia Br*d Sys Inc cl A~._2.50

12

31%
99 ft

99ft

56% Feb 19 *
33% Jun 26 :

44 > Jan
106% Nov

'

Apr 18

No par

Colo

17%

111

40%

30 ft

'

77
May 20
108ft Mar 5

108

*105ft

105ft 105ft
40

3

3

Jan

200

Colorado

37 ft

2

Jan

99 ft Jan

Feb
Jan

109%

172ft Jun 21

38%

12 ft

10

140

29
25 V
38%

24

12%

113ft Jan

89

May 31

30

37 ft

37

6

Jan

170

165

*27 ft

110% 110%

-

109ft Jun

49

\

2

38%

24

8

No par

20%

*23 ft

37

27

Jan

152ft Jan

*28 ft

29

r

Feb

108

preferred

5%

20%

205

2

No par

(The),..,

A

$3.50

26

Jan

Jan

9% Jan

Collins & Alkman

•111 '112

111
v

Class

26

Jun

57% Jan

Dec,

Nov

140 ft Deo

_

98

No par
icq

,

Colgate-Palmolive-Peet

52%

Feb

1

.

Coca-Cola International Corp

*1290

52%

♦107 ft

-

w

5

59

104

.

42ft Jan
20% Jan

'
"

38% May 11
71% Jan 18

105

No par

Inc

108 ft Mar

*187

50
50

stock

.

*1290

26

/

100

gtd

Cluett Peabody & Co
Preferred .■—-

i

9

19 ft Feb

No par
(The)
1

Molybdenum

Clinton

102 ft Apr

100

Clev & Pitts RR Co 1%

180.,'

No par
100

preferred

Climax

3

5

Equipment

O. C. C.

H

15% July

,

Dec

15
48

■■

5

38

4

27

Jan

l

July

114

58% Apr
fl
44ft May 23,
22
May 10

107 ' 1

*106%

Feb

.

$ per share

y>Jatt:'.##r23:.;;Deo

4% Jan
29% Jan
91% Jan

30

31% May 15

28ft Jan

16

..

8

Jan

48% Feb 25

Clark

*102%

May
~

10

1

107

141

Corp
No par
City Ice ft Fuel_^.__,i_~jyo par
City Investing Co new
-5
5ft % preferred
100

65
190

*187

15 ft

5
8

Jan

53

26

113% Mar 15

C I T Financial

2

15

41ft Mar 15
117 % Feb

# per share

23% July

1

;i"i
Highest

Lowest

-

25% Jan

26

Mar 13

6% Apr

B

38

37%

*179;

19

par
y' ft*

Corp

$ per share

20 ft Feb

10

Oil

Co----

Highest

f per share

Par

3,900

9%

9%

Range for Previous
Year 1940 ' *

# Range Since'January 1

EXCHANGE

2,700

23%

23

NEW YORK STOCK

■

Shores

22

*21

STOCK
EXCHANGE

'

the Week

$ per share

$ per share.

STOCKS

>

Sales for

Friday

21

29
„

Jun
Aug

58% Jan

!

29

Jan
Jan

Aug
Mar

182ft Jan
6
Jan
3ft Jan

30

10
29

Range tor Previous
LOW AND

July 1

Wednesday
July 8

t per share

I per share

$ per share
47% 48
*107% 107%
33ft
33ft
29%
293/4
(51
51
52%
52%
34%
34ft
107% 108
*128% 136

Monday

Jun. 29

x per

.

share

48

STOCK

EXCHANGE

HIGH SALE PRICES

Tuesday
July 2

Saturday

48%

33

:

47 ft

48%

107%
33%

-

107%

;

107%

107 "ft

30

52

52%

*52% ' 53
35
35%
#08% 108%

53%

52 ft

35%
26Va

35%
r'

25%
X57

•

51%
53

53

34%
34%
'107% 108%
52%

25

136

52ft
115

34ft

•34
*165

175

*165

30%

115'

115

115

33%

51 %

*128%

132

132

33%

•29%

30

CLOSED

ft

25 ft
175

.

;

Friday

47ft

1073/8

*33%

33%

JULY 4

*29%

32%

*49%
52%

50ft
52%

33%

*165

34%

*108%

108 ft

*128%

136

;

28% Mar

106

100
300

34ft
26%

35%

3.300

690

*33ft
26%

26ft

112

Dev

124

Jun

Dec
Nov
Nov

52 ft Nov

Jan

111

Nov

42
29

Deo

Mar

145 ft

Jan

X150

25%

Jan

99 ft

Dec

87ft

Jan

2.100

Aug

16

60

59%

59

30%

Jan

Oct

25

175

*165

59% Deo
53
Deo

106%

260

52%

Nov

20%

3.500

115ft

41

Jan

49 ft

600

52

43% Dec
108 ft Dec
34% Deo

Jan

37

200

*115

175

24

'600
V

t per share

25% Jan
99 Vb Aug

400

.400

V

Highest

$ per share

4.100

47ft

1073/8

CLOSED

STOCK-

Lowest

Shares

EXCHANGE

52%
50
114ft 114ft
34
35%

25%

the Week

$ per share

9 per share

Year 1940

Sales for

July 5

Thursday
July 4

v

Deo

Sep
51% Nov
102
Nov

Xl04% 104%

104ft

104ft

Apr

51

Sep

25%
71

*22 ft

24.

28

Jan

56

Dec

*63

71s

9

Mar

*25

*64

17%
140

.

7ft
20

*140
'

'

-

28%
27 y2
110%

122 ft

39%

.

25%

Davega Stores Corp, N Y
Chemical Corp (The)

Davison

29%

Dayton Pow & Lt 4ft*

111

Decca

100
50
Detroit Edison
20
Detroit Hillsdale &SWRB UQ--10Q
Devoe & Raynoltfs A new—ZT5.M

27%
79 Va

48%

28%

23%
*106

For footnotes

Diamond Matcn

44J/a

48%

see

29 ft

•

6%

Distil
5%




166,

partlo

preferred

Diamond T Motor Car Co

24 ft

106ft

page

-

Delaware Lack & Western

35%

44
r

20

Preferred

12 y2

27%

Co_.-_.___—No por

Delaware & Hudson—

45%

35%

St

0
1#

100
60c

Records Inc

Deere

63

"

*74

pfd

Dayton Rubber Mfg Co

54% .'55
; *40 # 40ft'
12

9
Nov
30% Oct

118

•

29

45%

Oct

75 ft

Sep

Apr

39%

1
"

154

5ft Aug
18% Jan

20%
145

Apr

24ft Oct

59% Jan

74ft
•- 7%

32%

32

•*61

17%

-140

••74ft

<#

29%

Corp-jSeagr's Ltd new
preferred—.#—

No

23# Feb 26
' 34
May 13
24
Feb 19 :•£ 31% May 28
110y8 Jun
6 ' 113Jan
7
30
Apr 15 2 34 ft Apr 20
45
Jan
2
75y4May 1;
j 42% Jan
5
58Va Jun
3
37ft Jan 11
41
July 5
<41ftMarl5
50ft Jan 29
11% May 6
16% Jan 16 '
25
Jan
3
28
Apr 17
75
Jan 14
7?
F«b 20

Mar 13

39 ft May 9
50Va Apr 4
49%Apr 15
S4y* Jan 14

2iy8Jun 21
105% Mar 15

24% July 2
109 ft Feb 5

par

28
Jan
40% Jan

20

43 ft Jan

2

2
100

27

3
3
15

'

27% Dec
ley* Jan

108ft Sep
—

—

33
Jan
39% Mar
*•

34ft
34V»
7%
21
67

Aug
Jan
Mar
Jan
Jan

25 ft Deo
33
Aug
40ft Jan
16ft Jan
_

-—

,105

Jan

Oct

Oct
37ft Deo

# 125

NEW YORK STOCK RECORD
LOW AND HIGH SALE
'v.

1

-"-Monday

Ifttnrdaf

July I

Jun. 29

July 2

-

Thursday
>7 July 4

July 3

iV"
'

9 per share

$ per than,

S per share

50%

59

EXCHANGE

"

♦39%

> CLOSED

48%
59

59

•39%

40 'A

35%24 %

36*/€

24

24 %

182
117

33 %
44 Va

*43%

..*44

131%
115%
*17%

18%

*17%

27%

18%

*17%

62

108%

34%

33%

48

48

; 5%
26%

176%

176%

159%

161

162

'

.452

54%
61

"

23
34

22%

22%

22%

95

♦90 %

110

♦108%
35 y4

110

105%

106

37%
106

18%

30

30%

49%

110
r

*17%
*29

31':-.7

>'•58:

48%
59 7

T.

59%

10%

■

10%

.

U

10%

49

58%

17% Jun 28

2

3

27

12

July

Jan

Oct

167%
115

Dec
Dec
Oct

33%

"Apr

111%

41% May 10
58% May 28
Jun 13

Deo

Jun

113

Deo

Mar

30%

Dec

20 y4 Aug
* Jan

34 y4

Dec

192%

12

155

3
1-

Oct

125%

Jan

129

Feb

113

Oct

117

Mar

30% May 22
31% May 16

13

Jan

61

18% Jan

.116% Feb
21

19% Feb 26
25% Jun 21

Corp_

Co

;

N

Edison

Bros

Stores Inc

48

5%

Elec

27

preferred

:

May 21

com

26

263

Apr 24

8

208

Apr

27

3

71

Feb

2

Feb

9

108 y8 May 23
33
Mar 4

N
N

137

N«

>17%
78%

Phonograph.

165

*17% i" 18
^2S»% A30%
48

10%

■

58%- 68%
10%

Evans

Oct

700

10%

;

1,300

r2[

Jan

2

30 % Feb

2

21% Aug

29%

Jan

3iy8 May 16

20 y4 Mar

27 y4

Deo

102 y4 May 28
111
Jan 24

81

Deo

103

Sep

41% Apr 9
106% Jan 15

16

Jan

37

Deo

100%

Jan

108 !

110

July
July

May 11

105

May

§

Mar

8

100%

6

101

5% Jan 30

4-'

23 Ye Jan

76

9

93

Jan

May

6

95

Jan

5

16% Mar 21

8

23% Jan

1

46

:y,AA:ftv

8% Jan

:

107 y4

108

8ep
Sep

1

1

•

109

July

4% NOV

May

12%

Jan

20%

17

68%

Jan

86

\Deo

29

86

Jan

92

Nov

20 ya

Deo

28

•

Jun

23% Jan 28

11% Jan

15% Jan

28% Deo

42%. Jan-

62% Nov

16

v

£ 58% Apr 26
63 y4 Jan

15

9

11% Jun

3

3

88
May 21
36% Feb
5

42% Jan

65

Nov

25 Va

Jan

36%

Nov

9

12% Mar

20 Ya

Dec

17

Jan

28 y4

Dec

104

Mar

110%

1

6

80

27%

27%

14%

;
"•■UYa

25%

106%
49%»

•106%

107%

•106%

ii
'

16%

17%

103%

104%

19%
91

91

1,300

72%

2,300

*107

19%

,

163/4

104%

19%

104%

vi

'

*89

26%

26%

26%

27

♦21

22%
46%

45

112

Jun.29

9 per share

9 per Share

CLOSED
'

/

,,

■' /.

;

A*; /*.-

v

;

j

'

V- -

Steel

91%

91%

400

Food

Machinery Corp

10

72% Feb

900

Foster-Wheeler

10

41%

41%

26%

26

29%

28%

29

583/4

59

59

22%

*22

45 Va

46

111

26 y#

.

160

22 y4

Corp
preferred

prior

500

Thursday

Friday
July 5

July 4

9 per share

9 per share

14

10% •

*2oy4

183/4

183/4

22 y4

22%
22%
7" -*25
25%
15
7 7 7'.' 14%

59%

;

*25

cum

Sales for

;;

60

14%

.

60

♦59%
■

•A

'A.;
Vs

213/a

*122

?

V

-21:..v

128

21

mi

65%
13%

195%

*123

21%

•107

*107

66%

M

13%,77

.65.

24
■' • .-V 'J

24

123/4

50%-,

164
^

lll/V

•

A'

36%

7

f'.A1

23%

12%

493/4

175

164

:

53

45%

26

73%
26

•

43

.34

5%

20%
•A A

For footnotes

see

i:';

33%
40

,

.

page 166.




21

21

*122%

21%

*35%

..

'

■

*

„

30

20%

*%•«

66

66%

1,500
6,800

24

24

11%

130

12%

700

121

,

•>/.

.1

J>/,;

-u-

♦176

45

45%

44%

45%

131% 131%

131%

131%

100

40

,v

33%

40.>

122

1,000

40

2.100
•

450

21

Jun

21

26

r

Jan

5

12% Jan

5

17

54% Jan

-

Apr

29% NOV

.

15

3

14 y4

29% Jan 29
67% May 29

Jan

26

107% Feb

5

60

Feb

21% July
108

182

Jan

58 A

14

22

■

14% Apr

28

6

$

200

Jan

12% Jan

1

Jan

71% Apr

?5

12% Feb 26

par

Jan

51% Nov

May 28
141% May 28

8

17 % Feb

7%

28%

Dec

14%

Dec

68

Deo

A 24

19% Jun 21
78

16% Mar

May 29

104%

Apr

80%

Dec

24 y4

Dec

109%

Dec

61%

Dec

8%

Jan

14%

Dec

160%

Apr 29

Jan

185%

Dec

49-

Jan

Dec

Feb

26

49

Jun

20

56% Feb

No par
100

42

Jun

17

136

Feb

4

General Mills

5%
'

Corp

Corp
common

preferred

3% %

conv

preferred

General Motors Corp
$5 preferred

7

10
par

20

No par

30

Gen Public Service
Public

Railway Signal

Utilities

No

par

182

Mar

123

114%

Feb

7% Jan
48

3
14

-

May

Feb

40

43% Aug

4

8 5:
14

127

Aug
114% Oct

5

62

Jan

125

30 ;

May

10

22%

15" 2

r

49% Sep
56

Nov

52% Aug
Mar

134

123

77%

Dec
Dec

130

Mar

Jan

23

Dec

Jan

36%

Dec

1% Jan

.

28%

May 31
Apr

123

12
8

36% Jun

26% Mar 13

112% Mar 23

Oct

172

37% Jaa

6

11% Feb

27

7% Jan

36

Oct

7% Dec

23% May 21
150

142% Feb

10c

Oct

27% Mar
153

Apr 26
40% Jan 14

18% Mar 4
38% Mar 4

Jan

3
28

29

^•4% Feb 26

29

Jan

80% Jan

Jun 25

No par

General Shoe Corp

Feb

51

2

19

.

132

I
preferred—No par

General Refractories

Jun

135% Jan

2

100

6% preferred
Gen Realty & Utilities

Gen Steel Cast $6

lOo
5

Corp

Mar 13

127% May

May

164

12

69% Jun 26

Outdoor Adv common—No

Equip Corp

Jan

3

115% Mar 29

par

Gen

rA

100
No

Gen

800

33%

122%

18% May 24
22% Mar 13

45

1,700

40 Vb

Dec

19% NOV

par

13.100

122%

Dec

10%

Jan

No par

20% A 20%

40

12%

Jan

No

Foods

Gen Precision

122

Jan

4%

General Electric Co

Gen

50

6%
16

2

General

:

500

7.600

Apr
22% Jun

40% Apr 15
Apr
8
52
Feb
8

1.500

A?

V.

11% Jan 29
21

2

2

1.800

8%t

15% May 28

3

Jan

5%

33%

No

Jan

171

31%

149%

19

A 31

25%

A 44

10% Jan

100

5%

8%A

Highest

9 per share

No par

31%

44

__50
1

Cigar Inc

25%

*146

No par
1

preferred

31%

8%

9 per share

Dec

25%

44

9 per share

145%

200

A

r

preferred

preferred

22.800

*33%

I per share

Jan

cum

70%

6

Highest

139

7%

22.400 a

-

Year 1945

Lowest

Lowest

Nov

129%

149%

Range for Frevlons
Range Since January 1
.

15

31

33%
122%

118%

Deo

1

27%

118%

'

36

July

38%

70%

8%

Deo

112

Jan

Xl29%

43

35

27% May 13
48
Jun 18

4

56

71%

*146

Jun 19

34% Jan

17% Jan
28% Apr 17 A
aa.6 a: Mar
16% Apr
9

129%

"A..

21

7-105% May 15

Apr
2
11% Feb 26

25%

42%
R%

118%

20%

51% Nov

33% Jan

70%

20%

Jan

22

129%

A

34

26

9
No par

General

5.500
3.000

5%

Feb

No par
100

40

54

6

47

3

Co

General Cable Corp

200

46%

31%

Dec

Investors

General Bronze

35%

53%

*116%

Dec

27

(The)___.._u._A a par

preferred

178%

46%

20%

conv

7%

54%

Dec

43 ya

Apr

8% Feb 26

Class. A

47%

44%

Jan

14

conv

600

35%
•

Co

Amer

Jan

25

$4.50 preferred •-^•.^■^..■..,100A
Gen Amer Transportation
0
General Baking
0
$8

5,000

54

118%

v

Gen
:

'13%
13%
193% 194

•Vv>"'r

5%^

6,800

47

132 >/2

25

9

preferred
50
Gaylord Container Corp new_1.66%

108%

37
177 A

17

Feb

28

20

Wood Industries Inc

4%%

3,400

130

20%
•107 A

.

66

177

148%

:;A p%

40%

122%

42%

*146

35

*121%

800

54%

30%

!

r.

-40%

59%

Gar

240

71%
72%
*129% 130
:-.'A 25
■■•'■ 25
-V

146

8%

Gardner-Denver

''

45 y8

; >116%

'

146 A

uamewell

600

59%

24%

:

31%
5% .a'EA'A
20%
21%
43

300

47%

45

>131%

31%

-r

1,100
a-

4,200

12%

177

; 53%

.

118%
130

18%
23

14%

12%

49% Jan

•

25%

14%

*23%

38~

47 y4,

130

'7;

"

>174%

48 %

118%

18%

iun

59% Aug

35% Jan 28
61
Jun
3

(Robert)
6 % preferred
GalvIn Mfg Corp

25%

13% :-13%77;
196

23%,

•36

>131% 133
V

800

-•

-

36%
175%

-P 72;:■■

20%

•194 '

;

12% ,12%

47%

v

20%

A

52

.

CLOSED

*22

Jun

80%

16

5

Galr Co Inc

JULY 4 :

75

Apr

100

26

13% Dec

2~

Gabriel Co (The) enrnwinw

7,100

.

6 % Mar

47% Jan

5

9

.

1,100

10%

108%

653/4

I3%s7
196

196

'

^

t

65

■

14%

124

20%
*107

A

A

16
"

23% May

July

Par

10%

21%

A'v1,124

20%
110

A

13%

196

-

127%

20%

110

.

21%

20%

15

Jun

Oct

Deo

Jan

Shares

593/4

*59V4
21

21% Feb
107

53

18%

20

Jun

26

STOCK

EXCHANGE

*13%

22%
25%
■

Jan

16% 'Deo

Dec

27

preferred..-....-...100

NEW YORK

the Week

9 per share

STOCK

18%

.

41

7

38%

111% NOV

25

Grain & Malting Co Inc_l
Fruehauf Trailer Co new....
..a!

A%

July

Apr 18

29

2

•23% Jan
107

No par
10

EXCHANGE

20%

18%

iQ

NOV

110% Mar
66
Oct

1
5

STOCKS

Wednesday
July 3

20 3/8

......

,

Froedert

HIGH SALE PRICES

20%

-A-

r

Freeport Sulphur Co

3*500
1,240

111

r

Francisco Sugar Co

1,500
1,000

45%

45%
111

6%

cnrp.

preferred
Stores

70%

53% Mar

18

Jan

20% Jun

37% Feb 20

42%

14

,A;

57

3
27

90%

10%

:

287/a July

467/a Jun

6

conv

Dec

Jan

26

Jun

Nov

63%

Apr

Feb

27

34%

Jan

50

42 %

42

16% Jan

Apr

21% July

105%

115

par

Dec

Dec

107%

83% Apr * 6
17

2

7%

18

59%

Jan

70% May 29

Jan

class A new_No

Jan
Jan

103

7

109% Jan

4

14%

15%

:;"aa15AA;

•

j4

16% May

10%

23%
25

24%
'

3

12

27
July 5
34% Feb 26

:

Feb

34% May 29
70
Feb
7

54% Feb 25

11% Jan
'67% Jan

'

*22%
■'

Jan

106% Jun

100

14

20%

x66

9%
28%

5

84% May 10
108

20

new__iVo par

1103/4

;

£

Mar 14

Inc

*22

46%

9 per share

19%

28

56% Jun

Fair

10%

20%

17

5%

58%

111

21% Jun

26

Food

14%

19

50% Feb

220

11

10%

«

Nov

110

Corp

G
H 14%

STOCK
EXCHANGE

32%

4,800

*26%

Tuesday
July 2

July 1

23% Jan

101%
19 y8

101%

.

28

LOW AND

Monday

Saturday

5

19%

"

:

223/s

43%

110%

A:

43% Jun

19%

28

22

Deo

Feb 26

No par

Co_

Power

Pollansbee

42%

No par

Florsheim Shoe

600

Jan

90

28 A

110

*15% A16%

Florida

25%

1033/4

*40%

28

*57%

Florence Stove

700

7

14% Feb 26

No par

No par

Oct

4

Xl04% Apr

par

26% Jan 10
13

IO33/4

■

42

59

500

6,900

26

A

112% Feb
54% Feb

193/4

:>i

91

*41

(The) Carpet Co
Co (The) com

19ya.;„19%

...

41% Jan

25

Flintkote

>49%y 51%

.j,

19%
16

*15%

Firth

6,300

19% Jan

18

100
No

$4 preferred

...

Jun

1

Stores

30

27,%

19%

3,000

40%

114

National

27%' ^27%

50%

,27%

hi

27%

,27%

v.

First

105

10

preferred

800

27%

39%
113

T;

Fidel Phen Fire Ins N Y
4%%

60

27

40

113

50%

A

..

Firestone Tire & Rubber

107%

>

60

27%

393/8
113

51%

*107

61

27%

393/4

72%

1073/4

60 V»

,1

,.

28

21% Mar 14

No par
No par
inn

Dept Stores

•; 4%prof<»rrflrt
Ferro Enamel Corp

1,600

58%

19%

58

Federated

32%

♦26

57 '/4

Federal Motor Truck

160

58%

43%

V

42

2,000
2,800

*31%

16%

A?1

20

18%

Jun

13% Jun 21

9

Corp

72%

72%

113

.51%
19%

w

19%
28 fS.

Federal-Mogul

106%

"

58%

27%

27%

39%

28

18% 1

72%

61% Jan
27
'

2

-Federal Mln & Smelt Co

300

583/4

62

*111%

19%

300

il06%

723/4
1

ffo par *
20

,

Farnsworth Televis'n & Rad Corp.l
Federal Light 6c Traction
15
$8 preferred—..........—No par

280

X72%

1073/4

62

40%

51%

106

Uorse- ft Oo

Fa Jar do Sug Co of Pr Rico

■:<

100

73%

113 A:

51%

25%

583/4

73

28%

40

1,400
4,100

..

.

106

A?viwrbanki

300

32%

32%

58 %
;.

a

32

32%

62%

27%

72%
1053/4

I

*47% 4; 50
*38ya
39%

i.r-

19

183/4

72%
106%

*106

58%

;

19

••

14

A106

39%

18%

74%

13%

•24%

49%

72%

73%

\

1063/4

*38

32

♦111%

*106

•47%

;

58%,

rt

14

38%

19%

31%

*78,.... 79%
*27%
28

25

A;," 37%

106%

62

107

:

;

49%

73%

-

106

25

27%

48%

v

40

19%
71

105%

49%

133/4

;

25%

79%

.

' 273/4

14%

•24

107

•37%

I

27%

14%

>24%

A

*78

80%

x.

-47

Jun

130% Jan

10„

Jari
Feb

37/8
„

Jan

2L_

Jan

10. A*

19 A

10

99

:

Jan

Mar

-

9% De*

Jan -

F
80

<

Dec

33% Apr

3

Apr 18

45% Mar 14
-

.2.50

Mar

62

111% Mar

92

-

.50

....

1
28

May
May

16

—100

Co

2

4

104

par

July

21

9

7 A 2y4 Jun

par

-No

Products

Dec

Nov

25

li

Eversharp Inc
EX-Cell-O rinrp
Exchange Buffet Corp

146
48%

Feb

N
-No

Bldg

Eureka Williams Corp

400

2

May

55 y4

32

5% pref series A
Erie 6c Pitts RR Co

2,000

Dec

Dec
Deo

158

18

102% Apr

N

Erie RR Common

1,000

48

;

7%

197a

2

56 y8 Jun

2

104% Apr 24

Service

65% preferred
66 preferred

94

Dec

7% Jan 24

180% May

3

Dec

24 y4

61% Jun 25

75

65 preferred

700

*77

.*91%

■

Jan

Dec

49% Mar 13

1% July

office

Dec

71

Jan

29% May 28

3

Jan

427/a
14

13

46% Jan

I

Rights!..

t Equitable

112

18

7

25 y4 Jun

130

Deo

48% Jun

5% Jun 27 A'

21% Apr 25

67,100'
6.200

39 %

'

Aug
8% May

5

17% Jan
148% Jan

Endlcott Johnson Corp
4% preferred

108%

July

35% Apr

Emerson Electrio Mfg Co

:

24
106

■

5

Emerson

■

1

25

Feb

80% Feb

32

550

Deo

3

22%

»,110

109%

May

114

47% Jun 17
k

N

Storage Battery

Public

Sep

19% Jan 21

Paso Natural Gas

Engineers

Oct

104 :

Jan

1%

220

Jun

66%

16% JaU 28

Electric

4,300

Dec

200

Jan

3

El

Radio &

229

Jan

Jan

53%

■;

July

67%
N>

Dec

Nov

49 ;

11

(The)

21%

35%

185v
:

Mar 14

52

'

170

;

40% May 22
111

1

109% May 24

52 y4

17

'

-

'

—

$7 preferred—,
$6 preferred

■

10

Jan

28

Electric Power 6c Light

165

Jun

58% Apr

Ind Am shares

Mus

&

2

Feb

191

Stop Nut Co
Auto-Lite

7

215

4y4% preferred
Ekco Products Co...^....^.

4%%

-;

30% Jan

new

38

108

•

58%

10%

A

133

-

30%

48

125 y2 May 22
114
Jan
4

par

6% cum preferred
Eaton Manufacturing Co..

178

108

18 7

*29V«

122%

110%

17

Apr

29%

29% NOV
100%

Jan

7

27

227

Jan

22%

94

>

share

Mar

Jun

24% Mar 12
30

Jan

65

Jun

116

8

32

78%

*91 y4

18

22% Jan

33% Jan

181% Feb 26

-

Inc

Eastman Kodak

*90%
95
*108% 110
34%
35
105% 105%

2%

•17%

94

18

.

108% Feb

1%

17%

77%

-

Deo

192.

23% Mar 14

51%

109

2%
17

Deo

56

118

113% Mar 12

53%

110

109

2%

78%

50 y4

58%

•

17%

•91%
.

54

105%
109% 110

;

78 Ye

78%
94

17%

Co

60%

165

105%

„

A

-17

A

•91%

:

205

176

95

♦108%

109

77. 2%

18

78%

243

5%

35%

109

.

17

Stainless Steel

26 y8

32

*91

95'

•109

110
2%

2%

A

:

109%

110

:?

Airlines

*45%

22%

x32

32%

32y4

♦92%
•108%

50'

Mar

Mar 19

37% May 31
29% Feb
6

5

Electrio. Boat~...^—
Conv preferred w i

1%

:1%;

-' 6 per

17% Mar '
47

10

108% Mar 25

par
20

30tf7 D W Q Cigar Corp..

Electric

51%

50%

143% Feb

...

5
26

100

1st pfd

69%

165

♦109 V

5%

33%

177 y4

v

Light

Eagle-Plcher

69

27%

175%

36

Duauesne

:

Eastern

*33%

5%

5%

28%

106

70.

,

3
27

July

1

No

Elastic

48

5%

32%

500

%
>

International

Du P de Nemours (E I) & Co
aa> 64.50 preferred
-No
v>

12 y4

33%

27%

48

Highest 7

.

9 per share

Apr 24

62% Jun

28

Jan

,7 84

100

Duplan Corp

100

45%
112%

70%

22%

Dun hill

600

2,800
-

3%% conv preferred

12

"69%

54%

!

200

-

Eastern

45%

v»

60

{\- v

25

Dow Chemical Co common..No par
64 preferred series A
No pat
Dresser Industries
50c

28%

*36

12%
71

34%

7

1,000,
4,200

*111

12%
70 %

,

26

x23% Jun

No par

*108% 110

46%
112%

*47

I per share
7 52

Mar 28

39% Jun

No par

25%

60%
■:

108 »/a

*111

Feb

52

-—■;

Dome Mines Ltd

Douglas Aircraft

57%

*204

,

37%

:!'■ 46

Doehler-Jarvis Corp-

1,300

17%

28%

62

A

39

par

—No par

25%

240

36%

Co.

Pepper

57%
241

27%

200% 203

No

Lowest

:

59 Va

240

A

2,600

133 »/4

116

27%

26 ya

33%

;

•132

--'•A/ v/AI-V

.*57%

113%

*115

115%

*115

2,100
V

25%"

•32%

133

115%

85 V2

*43%
44
7218% 218%7

.

215

132

114y8

114%

./45

-.

24%

*111%

Class

-

,

rear 1940

Highest *

;

9 per share

"•7-Aa7;7

v-■v:

Lowest

*

'

34%

25%

33%

♦213

'

210

181% 181%
•116
117

26%

133

13iy4V

<

34%

Range Since January 1
:■

Dixie Cup Co common.^.*J7o par

...""" Dr.

84

>L17:>

"32y2

45%

.

215

213

216Va

131

Raiure for Previous *

7:>7j 7

a^'VaA'

'

7

■

800

•

40

t:

EXCHANGE

^•.tfiJUuret

.!>••

24y4

.

110%1110%

33,:7a:

2l2Va

•39'

181%

25%

113%

33

33Va f
44%

CLOSED

86

•116

v

-

the Week

49%.

7*58 A-A 59

24%

86.

25%

*109

110% 110% 7
v.

117

25%

*47%

36

181%

-Friday :>>>
July 5
-

9 per share

EXCHANGE

39%

243/a

-

185

:

STOCK

59

35%

v

■

f per share

49 y3

,

*39%

85%

>118

26%

T

24%

.

*181

*116

59

40 ;

85%

180

*47ya

30%

A/38 /

•

A-86'A/.86%>

26

9 per share

48%

59.

50
STOCK

i'i'STOCKS
Sales for
v r
»7, NEW YORK STOCK
..

Tuesday

rr«

.

PRICES

40%
140

8%
34

31

133%

Dec
Oct

Deo
Dec

Dec

Deo

iTHE COMMERCIAL & FINANCIAL CHRONICLE

Monday, July 8, 194)

NEW YORK STOCK RECORD
Monday ftftftftu Tuesday

Saturday

;.

July l

Jun. 29

j

I per share

per

;

.

share

44%

111

*10814
/. 56

EXCHANGE

CLOSED

■

56'

•

*

109

10814

,

ft'siM
39

.

■'

39y«

"4

*104%

^ , *105

106,

52%

52%

*5614

57%

7'/a

73/4
13314

13314

38

39

11%'
50%

12%
9%
50%

2314
:

*106

108

19%

223/4
35

*106

32%

*65%

62%
31%
32%
174
174 '
.68
68

68

*67

90

"89

*106%

107%

V.

I 47%

75

*104%

47%

47%

49% f

10%

10%

10%

1014

48.
10%

96

95

95

95

;

*48%
21%

22% "

22

22%'

22

66%

66

65

73

73"%

73

73%

193/g

193/9

1,500

61%

613/4

2,600

32

32

3,100 £

*175

176

*66

46

23

23%

*115

116%

*108

108%

:

31%
*165

10%

23%

'/.ft

•38%

171%

700 /

116

*108

108%.

32%

32%

55

32%

:12%

12%
101%

ji7%

17%
12 y«

11%

174

174%

c*12%

13

600

/

.

17% i

2,100
3,900

1743/4 175

; *108% 109%
:/*82%
83
:
?188
193
*31%

*31%

:«2%
193

33

*313A

101

32%.,'

32%

—

101

300

120/
1,600 ;

33

41 y2

| 41%

41%

32%

31%

32%

1,200;

34%

34%

*36%

38

*37%

38%

300

34

*32

323A

300

46

47

'£ 23%
*56

.

233/4

3,300

57% ' '

-

•*34%
*110

112

...

91

1,300

25 Ya

48

48

,

8%

,

18%

38 y®:

28%

29ya

44%

45.

AND

.

HIGH SALE

Monday

Jun.29

July 1

July Z

PRICES

I per share

$ per share

Thursday
July 4, i

$ per share

Friday

$ per share

*41%

Sales for

JulyS f :

the Week:

I per share

Shares

NEW

YORK

64

22% Jan
104%

_a
-

;■

-

„No par

4
;

15

26
6

28
5
2 1
28
26 26 £

.

24y4 Mar 9
Apr .16
July 5

27 y4
45
21%
55%
2TVa

Jan

vs

Mar 14
Jan. 3

106%May

•

83
19%
46"
8
17

1"
Mar 7Jan
3
May 6
Apr 25 •
Jun 26

27
39

8

Feb 26
Jun 21
May 6

~
,
,

-

Dec
Dec

Dec
Nov
J".,

Nov
Nov
May
Oct

Dec
Dec
Mar
Dec

82

39

27%
121

110%
29 Ya

155

Dec
Dec
Jan

Dec
Apr

43% Dec
14

104 V2

"9% Jan
6
Mar

16 3A

Mar

Jun

43% Nov

Oct

108

Jun

61% Deo

7% Jan
98

Dec
Dec

14

Nov

Dec
Dec
Deo

134% Nov

'V '

- 1

20%

^

100'A Oct

71% Apr
Jan

170

22% Jan
130
,

72 :
123
21%
25
.

Feb
'Feb
Feb:
Aug

- Jan
23% Jan

—

—

40

17

Jan

4
May 22
34% May to
' 56 Jan 11

17% Jan
42
Jan
16% Jan
55% Oct
25
Aug
102
Sep
66% Jan
12% Jan
34% Jan
2 ;
10
Jan

'/a% feo
b
62% Apr 22
35% Jun 26
111% Jun 20
95
Apr 24
30
Apr 9
60% Feb
5
123A Jan 25
- 25
Jan 17

45% May 17
34% Mar 25
49% Jun -3
107/a Jun 24

-

26% Aug
14% Jan
—

—-

,3% Jan
Bang® lor Previous

STOCK

EXCHANGE

Aug
Nov

30% Jun

Jd

20% Jan
15 Vi Jan
103% Aug
105
Dec
18% Jan
152,
Oct
x30
Apr

Deo

100

49%.Jan

37% Jun

•

,

653A
39%
175
75
86
x35
108%
- 55%
12%

Jan

58

'

Oct
Mar
Oct
Nov

21% Dec

14% Mar

51
May 23109% Mar 26
90
Jan
2
191%; Apr 10
387/e Jan
9
72y« Apr 17
139
Apr 3
106 • May 2
146% Jan 21
- 39 % May 13
x43- May 31
' 41 % Apr
6

33% Jan : 4,
>

Jan

5% Mar
Oct

82

28

16% Jan IS

32% Jun 26

new———5:

Jan

28 %

May 28

50

13

26'

Jan

52% Jan

May 31

STOCKS

Wednesday /£
July 3

Tuesday
'

$ per share

(Del)

V r Z%% preferred
100
Houston Light & Power Co.—No par
Houston Oil of Texas v t c—25
Howe Sound Co
5

'

Saturday

;

H

—

Hudson As Manhattan—_—.—«<.100
100;
5% non-cum preferred——100
1,600 i; Hud Bay Min & Sm Md——No-par
8,300
Hudson Motor Car—
—No «ar
5,200 j. Hunt Foods Inc
—
$6.66%
11,400
Hupp Motor Car Corp——
1

/

28% Jan

40%May l333

4
Apr 25

99

,

'

)VS

•'

Aug

161% Mar

17

26y2Jan
8
119
Apr 11
111
Mar 14
343AMay28
162, May 23
60y2May29

12% Jan

1,600:

:

38

LOW

^

400..

8%

*173/8

Co

-

5,600

t

Jan 17
Feb 26'

37

/•''

46

106% Jan 24
v 13% Apr
2
20% Apr 22
—.2
11% Jun 21
15% Jan 28
.—25
121
Jan
2
175
Apr 22
'/'V *+■>. '1 : kP/
y-s. ,•*

Household Finance com

___

903/4

/

.

78

Oct

Jan
Nov

14% Jan

4

Jan 25

78% Jan

7

Maris

155
,/

Holly JBugar Corp
——No par
Homestake Mining
12.50
Houdaille-Hershey com
No par
$2.25 preferred
50

500

243/4

23,

par

:_10

Hollander & Sons (A)—

___

35

Glass

Jan

25% Sep
105
Sep

30% Jan 28

5.

28y8 Feb 26

——,100

•V

Holland Furnace

..

5,600

.

No

14ye

108

21% Jun 25
lliy8 Feb 26
; 105% Jan 16

-

100,
400;

*32 "A

35%Feb

•

,

*40%

35

Jun

32
Mar
3%* preferred
-100
103% Jam
Helme (G W)—_£
£
__25
82
Apr
1% non-cum preferred
100
184
Jan
Hercules' Motors
No par
30y»Jun
HerculesPowder new
No par64
May
5%
preferred
__10Q
130
Jan
Hershey^Chocolate
——No1 par, / 1 82*
Mar
$4 conv preferred——JNo par ' 135
Jan
Hewitt-Robins Inc
-i~-5 ; / 25 Va Feb
Hlnde &' Dauch Paper CO—£—^10
32% Feh
Hires Co (C E) The—.
—-i—1
29% Feb

t;

*31%

34%

15

Hecht ,Co.

1,500

144%

33

<

500

135

.

143

.

Hazel-Atlas

j!'V ;7"'V

20

66%

♦132%

143%

61.

—10'

Hayes Mfg Corp

—

33

643A

-

400

108'A

82%
*188
v

101

,

143%

■

*1073/4

*10.8% 109%
82%; ,82%
*188
193

135

*132%

■

)

32%
663/4

65%
*98

.

25

.21% July

No por

preferred-

Jan

79
Feb
5
May 20
54% May 28
111
Apr
5
52% Apr
4
13% Jan 25

9% Jun 28

Hat.Cotp of Amer class A——^_1.
4%% preferred (modified)—100
-Hayes Industries Inc——..1

650
.

&*> '

6%

18 3/4

105

26

91% Feb 26

,

Hart, Schaffner & Marx

210 /

11%

xA2i

\

—
>

600

LOiy* 101%/

42%

*41%

Feb

42

__l

3,000 ;/ Harbison-Walk Refrac

_

Jan

84% jan 48

108% Jan-14

: 4%. conv. preferred
£100
Hanna (M A) Co $4.25 pfd__No par

;

10

/

55

17%

12

42%

423/e

No par

<£.££££100

Hall Printing Co
Hamilton Watch Co

•

—

*53%

101%

174

___

*165

*53%

:

30% Feb

•

5%'Jan
4%

Feb 18

73/4

74%
10514
633/4
115
89
12%
73/4
333/4
21'/a
33%
109 Va

12% Mar

188% Apr

14

May 22

^'RncfcensacK Water

500

*115

,

,

100

f:

46

23

32

17%
12%

11%:

39

46

22%

108%

;

3

18

54% May 10

Feb 25

7

:

.Feb

Feb

63

,

"Jah

43

16
Jan 30
12% Jan 19

Jun 14

77

.

Apr

21

___l

Grumman Aircraft Corp

July

48

113 %

57% Feb 26'

*165

13
101%

>

51% *21%

116%

32

163/4

.

.,.

53

102

Oct

May

40

July
107% May

Feb 27

Dec
-

165%

Feb

6

64

Jan

'*'■

Jan

10

112

i.100

Greyhound Corp (The)

Apr

Jun 24

80/

2,000 / v Guantanamo Sugar common—i—f
170. _ $5 conv preferred ——No-par
1,400 • Gulf Mobile & Ohio RR—_. -No par,
200 v V •' $5 p^fferrml ft
,
Nn ;par

ft,

94%

-

77

33/4

25%

3

172'

104%

Sep

147% July

8

Green <H L)

Co Inc

•:

29

"17
Jan
3
54% Feb -26

100

s-

39

27% Feb

Green,Bay & West RR

£

4,400

10%

*93
"

Preferred J

96

57

40% Jun

,

Mar

.

Jan

3

106

26% Deo
105% Deo

% Mar

Jan

293/4 Feb 26

————100

___../ft; 4%% preferred—.

46%47./:

.

V

6,100

*106 3A -107%

19% Jan

—6

Deo

111% Deo

Jun

25%

'107 /Mar

3

Dec
Mar

46

52%

83/4 Jan

6% Jans 4
30% Mar 5

—__No par

383%

4

Jan
8
473/4 May 14
88% Apr
3

3

:

10% Jan

Great: Nor Iron Ore Prop—No par
Great Northern Ry 6% pfd—No par
Great Western Sugar
No par

500

I

*115

,

*12%

50

483/s

*108

:

s/,' 54% s 55 :s.w;

100/

70

%/86%

48

39" v
46' s
23%

*45%
v

140

4

13
90

151

Feb 26

34% Jan

_1

-

Is

1
3

111

Jan

May 10

59

3
105 % Jun 24

———No par

preferred

"56% Jun

Mar 25

68

preferred—_No par

,Granite City Steel
Grant (W T) Co
3%%

108

66

*38%

39

453/4

6

' Grand Union Co—————No. par

1,100

4

133% July
35% Jan

733/4

73%

*38%

;

/

•_

1,200

35%

*106%

22%

*65

*65

300

Apr/18
■
May 17
73% May 10
106 • Apr 13

3

Mar

9

108

Apr 22.

36% Jari
54;

Granby Consol M S & 'P———£5

22

35%

'

.

103

'44% Nov

105% Nov

' 42%

39% Feb 26

No par

Graham-Paige Motors

50%

107

58% Jan

-1,400

9

Jan

22% J*ari"~4
103
Jan
2

•

g

26

102% Jan

convertible

$5

Jun 14

par

27,000

I

60
118

4

.

/1 per jihare

27% Aug

Feb

.

HighClt

253/a Mar

111

Jun 26

r

[$ per share

49% May 21
46% Apr 17

.

Jan 22

107

No par
No

Gotham Hosiery

600-

11%

t per share

6

'.'■/■■v/

Year 1945

v

Lowest

37% Feb 26

No par-

$5 preferred

900

38

11%

95
:

.107

*37%

preferred

conv

3,700 ft Goodyear Tire & Ruhb

ft

108

Tire & Rubber Co
5
preferred—u——-.^100
preferred
,___
ftlOQ
Safety Razor———No,par

Goodrich Co (B P)

500
.•

36% Mar

36V4 Feb 26

4Va % qonv preferred————50
ft
'•■■■ ;l 'ift/ftftft.ftftftftft • ft:
Goebel Brewing Co__
:
__1
Gold <fc Stock Telegraph Cc
_10o
Goodall-Sanford Inc
10

4,300

663/4

*106

;

-.

./:/ l.goo

106

65%

86

10

22%

$5

110-

42%
755/8

# pet share

Gimbel brothers new
_
*.
5'
' $4.50 preferred
No par
; Qlldderi Go (The) ft
/—No par

1,800
—J
/ftftft'// ft
ft.
4,700

135

42%

48%
*106% 107% ft"

46%

'*93

.

5

7%

' 7%
134

48

•

i-

3,600

39:

*56% i 57%

;

bd

*t»7

b9

47%
48%
*106% 107%

48%

48

801

100 ;

19%
19%
62
62%1
31%
32%"
" 175
175,
*66
70
3

19%

.

ft

.

19%

-il

•

..

62

174

•173-

:

4934

19%

-

v-

General
.4 % %
;
3% %
Gillette

800

6,600

..

9%

62%

31

,

£

,

/■//ft//

:*/•

/Range Sine® January 1 //
Lowest
; Highest

-

General Telephone Corp_—____20

ft:

•

57%

*56%

■/ 102%

.

.

..

62 1

77

66%
106
ft '37
11%

35%

9

105
51.

105
51

,

55
110

X383/S

•'

1 Gen Time Instrument Corp__No par
4%% preferred.
:
100

*104% 107

«0%

6014

.

54%

■

EXCHANGE

r

200

111

*100

JULY 4

*108%
•109

'

75%'.• 763/4
ft/ft 105
105 ,ft/'
67%66%
6634
106%
106
106%,
373/4
38
,38
11%
'
11%
11% \
9% . ;
914
9%..'
50%
*49
50%'
22%
*22% 22%
35%
35%
35%
108%
*106% 108%.

233/4

35%

,

,

CLOSED

;

1,700

,43%
'39 s

43%
*38

■

Range for Previous

NEW YORK STOCK

*

Shares>/■■■''<:

f per share

€

105

*104

67%
106% 107

STOCK

' *104% 107

76%

1043/4

663/4

v

714 ' ■ ' v 7%
7%
135 .ftV *132% 135 ft,£•
42%
/ft 42%
42%ft,ft

78%

76%
104

.

73/8
*132%
42%

'/ft

$ per share

-

the Week

.'/,;July

a

.

52%
57%

56%

44

42%

-

51%

•

:
'

3d

59

July 4

*10814 111 ; ."ft
55%. 55'/a
*1083A 110
'
*100
102'/a ft
39
8914 •

:

Sales for

Friday

Thursday

EXCHANGE

39

<*38

107
60 3/4
106

' *104%

•

613/4

*105
/

V

—

38%

/

108

593/4

.

3914
*108% 111
5514
5514
*108,
110
3914

s'

Julys 4
$ per share, r ;
4414 443/4 V

.

,

t per share
4514

,

39

Wednesday

.

,

M<> '443/4

46 ;'

39

July ft //

,

'

STOCK

,

s "//ft :/■•;•//£/

STOCKS

AND HIGH SALE PRICES

-•'••ft- ft ft LOW

"vfe;

Range Since January 1
Lowest

Highest

# per share

$ per share

Year 1945

Lowest

# per share

■,

Highest

$per share

STOCK

39

EXCHANGE

*71

CLOSED

*97

ft

JULY 4

♦32

11%
31%

*16%
*48%

145%
*179

19% Deo
10% Dec

21%
8%

%

•

533A

54

107. 4

108

v

57

*53.'

"*53

*106%

9%

9%

/ft; 93A

17%

18%

4*106%

■16%

247
98

247
.

2473A

99

1963A

196%

13

13 8/a

12%

36

373/4

196

*98%

///ft 9%' /

-17%

96%

•

100

35%
*98%

108.

ft

t 248

'

(963A

■ft.

ftvft 196 %
ft

-

<12%,

9%
17%.

97'.

ft,:; *99

99y2

:*-*&
.

.

:

8%

83/8

39

8%

393/4
.

147

47%

147

•

ft

Xl4/

/ft 146

46%

120

1183A

8%

147

1183A

463A

117 %

24%
124%
*69

473A

117%

rll6%

116%

*24%124 %
69

243A
124%
70

47%/. 47%
53

55

39%

40

23 Ve

For footnotes see page




166.

23%

*23 %

233/a

*

96%'V963A!,ft

'197

V 12%-

;

1973A'
.

123/4

.

•

36 Ye

36% v/

99
r3/a

99

-

:

ft/

•

U
r

,^383a / 39 y«.

'

48%

119

247%r

ft

123/4

'

17 -;

247%

'

197%

<35% ' -36%

ft

ft

; j.6%

\

248

55

-

*106% 108 "ft,/'
ft
9%.
9%

% :

814 / 8% ft
38% ft 39% !
*145
147
••/;

46 3A

47

117%

118

ft
'

Nov

109%

Oct

12 Yb

Dec

147/s

Dec

(Volume .164

Number 4505

„

THE COMMERCIAL & FINANCIAL

CHRONICLE

NEW YORK STOCK RECORD
LOW AND

Saturday
Jun. 29

it,
w.

£ per share

/

# oef share

STOCK

34

'

PRICES

Wednesday
JuJy 3

./v,:
'
Sales tot
•

'33%

*

45

45"

167;"

t per share

v

•

July 5

34%
*44%

*161

>•

34% '

to LOCK

J tper share
41%

EXCHANGE

45";

vCLOSED

167V--—

v

^

JULY

4

a'Shares

42

*34

;

(,

34%

.

*44%

-:'

,,

,

y

■

45

\**6T

I..,.'

.STOCKS *««••••
NEW YORK STOCK

the Week

:j

*

-

i'

Friday
V

July 4

41% .:

41%

33%

?

*161

<

Thursday

per share

,

P 41% ,.41%%

34

JL67

*112

Tuesday
July 2

J per share

*45- S? 47

*161'

CLOSED

...

.

t*41%:^42.m

EXCHANGE
;;

SALE

"

Monday
-July 1

'

HIGH

Jj700
" 800

100

,

167*

.

150

'140%

P

61%

,

613%
*110% :114 V'
*146

*.'50%

-32%

-

33

*32

*33%
33%
*118% 120 -

37%

36

36%
f 66'

*64!
- 41%

'35%

-

6§ '
43%

•

41%

'

*62

'SiVz

i

26

.97 V

:

*

43 "'"44

107%

"21%

•■563%:

57

57

107

23

55%
67%

*96

:

43%

43%

*

107:

'•

;

41%
*20

*

97%

44%
107%-

41V4

58

58%

56%

58'

43A%

58%,

203/4

X57

.

,

Kress

11%

56%

,56 3%'

-

1.100

38%

.

97

'

•*

VcL

*205

vl

ud

*56

72

♦69%

62

433%
38

118%

32%

'32%-33
3o%
JO%

V

-

953%

32%

30%

26%
27%
191% 192 V
OQ

27

30

27%

Monday

Jun. 29

July 1

t per share

J

29%

30%

293/4
68

"37

*106%

29

107

"

'

.

*2.700
3,000

•

190

;

•

29

*67%

'

•

68%

600

.1.300

36%

36%

*106%

107%

200

24%

24%

1,500

•

,2.300

1

'

25

LOW AND HfGH SALE PRICES
Tuesday
Wednesday.
-July 3
JulyS
1
$ per share

V

f

V5»700

1

26%

1913/4

673/4

—

5,300

.

1.400

26%

*29

,%

86V2

1913/4

36%

I per share

35%

26*%

\V
•

1.100
i

193 %

25

Saturday

36%

327/g

$ per share

'

STOCK

V; '

*,;

r.

•

*)■■-)'''/'"

fl-

Lily Tulip Cup Corp——No

60% Oct

6% Jan

2

43^? Jan
37
Jan
?6l% Jan

4

.

165

17% Jan

5

3

11% May 6
4>/c Mar 15
49% Jan
3
29

:

64

Jun 20

26% Jan

Apr

4

387/a May 16
V15% Apr 15

49% Feb 20

par

28

55% May 23
V17% Jan 2ft
:
' 5% Jan 15

Jun 27

liV

29

22
22
ft

-

Mar 13

39% Jan

;

9% Jan
May
Apr
1023% Apr
82
Apr

24

68

62

7

Feb 26

14"
:

65% Jun

9

33

14

May 13

44% May 14

30% Feb 26

30

-7M' '/»/•'r
par
47

—NO par

—-

1

Jun

19

37% Jan

86
Mar 13
86% Mar 15
194% Jan
4

?

Lima Locomotive Wks——-No par:
Ling Belt Co

-

21

102
May 23
103% Jan 24
210% Mar 29
«"

65% Apr 11

47

Jan
3
Jun 21

88

Jan

8

58

Jan

66

Feb

13

2

Lion Oil Refining Co——No par
278/4 Feb 26
: 433/4 July
1
Liquid Carbonic Corp
No par
32% Apr 20
43 V< Jan 29
3%% preferred -^————lOO
ilS'/a Apr 24 : 119
Apr l0
Lockneetl Aircraft Corp..,.;..,..——1
.31% May 61
45% Jan 14
- Loews
Inq;—.——
—No par
33% Jan :3
.41
Apr 11
none Star Cement Corp——No par
64: Jan
3
94
May 31Long Beft Lumber A—J—No par :
25 • Feb 95
35
Jun 10
Lorlllefd <P) Co—,,,... .—10
25% Jun 21
31% Jan 18
7% preferred™.—
100
* 186
.Feb 27
195% Jan 30
Louisville Gas & El A——No por ;
.28 ; Jan
3
32% Jan 17
Louisville Ac Nashville
—-tOO
;61% Mar 13
/ 72% Feb V 6,
tftOwenptein (M) & Sons Inc-—-—I V
32% Jun 21V: 43% May- 7
4%% cum pfd series A—
100
104J/2 May 9
107
Jun 20'
Lukens Steel Co
——————,10
17% Jan
3
30% Jan 14

42 y*

Sales for

Friday
Julys

the Week
:

t per share

I per share

Shares

190

31

56%.

57%

NEW
:

YORK

STOCK

EXCHANGE.

V

"

Range Since January 1 ;V
Lowest
v Highest

I per share

t per share'

-

Elgheat ,-:

Lowest

Iperihara

#per «h<»r«

39

May

Dec

72

Dec

52

:

110%

NOV

34

*520

14%

Dec

Oct

525

550
14%

*14%

NOV

25%

28%
550

14/8

Deo

155

53

*28%;

*520,

Deo

Range for Provlouu
Year 194U1
;

110%

*50
:

JULY 4

Nov

68

CLOSED

HO'/e

Dec

•

EXCHANGE

CLOSED

Dec

32%

X32% Nov

——

STOCK

EXCHANGE

Dec

V' 66% Oct

STOCKS

Thursday
July 4

Deo

37 y«

.

V
.

•

Libbey- Owens Ford Glass
No par
42V* Mar 15
-74% Jan .23
Llbby McNeill As Libby.-7'11% Jan 3 C't 15% Apr 15

1,400

;

2,600

*85

30%

.

;

427/a

35

86

par

No par

/Lerner Btores Corp (new)—No

700

*117% 118J/a

35%

jVo

.—

*■*-

62%

263/4

291/4

106%

69%

*191%

191%

29

,

& Co

$3 non-cum 1st pfd
No par
50c non-cum 2nd pfd—™No par ■>
Lehman Corp (The)
————1
" Lebn & Fink Prod Corp
——^_5

_™

32%,

373/4

H'

69%

(S H;

-_l

' 700? tldggett St Myers Tobacco——23
J.300 : xf Series B™—;V..
-25
100
'
Preferred——100

i

36'/a

30%
:

191%

68%

106

...

,

85

.

....jq

.

400' "^Life Savers Corp new———-5

42s/a

86

85%

-

62

35-

10

___100

—

14.000

^'

V. i

353/4..

35% Dec
31
Dec
51
Dec
35
Nov
67
Deo
19
Nov
96% Dec
40 % Dec
112
Mar
35% Nov
173/4 Oct
*49% Nov

par

Inc

Lacledo Gas. Light Co—1
—4
i ou tTney
._.™»™Nor par
.Lane Bryant
No
par
4%% Preferred
-'.60
Lee Rubber & Tire™...
-5
Lehigh Coal & Navigation Co.—,10
Lehigh Portland Cement™..
—25
Lehigh Valley RR™—50.
' Lehigh VaUey Coal-——No par
Non-cum preferred
-50

1,800

K

61

32%

35

87

1,600

207

62

70%
61%
41%
41%.
36%
36%
*117% II71/2

2.500

;

800

96

953/4

61%

•

900

-

7

V

61

,•

331/4 •a.

*205

206

•/

65%,
-13%
•

*56

r:

600
r'

37%

96

.X*

"4.500

29%

*02%

.

-1.200

/

___

11%
57

13%

*95

1.800

29%

-65%

\

7.300

13
4%.

37%

33%

300

,

57

30y2
64%

—

14%

4%

38%
13%

auu

.

70

30

64

-

51%

11%
56%
29%

*32%

10.300

,*

90%

.

29%
11%

Co

Krogejr Co (The)

f -

*45

36%

;

par >
1 V

'

58

12%

'

-No

preferred
,

: 58

.

14%

OQ

;

v

1

No

Kresge iS-S) an
tKresge Dept Stores

57

58 '

*50

67%

Jan

No par V
No par •

prior preferred

Koppers

41%

203/4

.

*69

31%

145

•

203/4

57%

$5

*43%
43%
1073/e 107%

413%.

56

85%

-

>5 V

,

Kinney <G R) Co

-

V>9?V

*96

57

-

Kimberly-Clark Corp_

25

*243%

'

36%

Jan

,.1

67%

*66

27

*83

*117%

17%

"19% Jan
: 36
Aug

par
100

cl A

55%

*53

-67%

conv

Kennecott Copper
Keystone Steel & Wire Co

*51- 53%

-

.Jan

,

4'

Apr

34% July 3
48% May 17
163
Jun 28

——10

(.Julius) & Co ifew

Keisey Hayes Wh'l
ClaSS Br-

58'A, 68%

*57

61%
42%

: ';148

6
3

No par. !>
-No

preferred™.

23 %

*25;

•

non-cum

23%

583/»

.

4%

Kay ser

^,^7%

70%

'

Mar

I per share
' 41% 3D*®
30% Oct
"46
Dec
152
Oct

10

City P & L pf ser B
City Southern

32%

233/4

-*54

107%
41%
41%
*19« ': 21%

58

*56

>

>

Highest

'

share

1

Kaufman Dept Stores.

96%

,

43%

'

42

*10

-■V

96

•

'

1073%

v4l%

v

per

106

21?
32%

27%

*25

97

23% Mar 13
40

v'

" $

j •?

100

pref series A

43%

21 i/

'

.

50

12%

Kansas

65

,

*41%

32%

.§8

V

,

Kan

r

353/4

*35%

/--21'*rV: 21>,

•

26

* t per share

No par i
100 3

preferred

Kalamazoo Stove & Furn

*32%.; 34

►118 y2 120

353/4

*63'

.41%. 413/4' 0
* 41%
.rv;.2L.
213/4 1
'
21
v 21%'v
*32%
32%
' >32%' -32>/a
*23%o 24 %V> f;■ *19%
21%
57%? 58%
/* 57%r 58%
*54
65% i.
*54
~
55%
67%
67%
*66
•
67%
•

'

26

•

33

118% 118%

P

•u653%»* 653%

st

"■

Joy Mfg Go

118% 418%
36

—I

share

Feb

&

5%

•

33%

32%

v-

par

f per

37 1

•

Lowest

>

Chicago RR stamped
100 '
"Jones & Laughlln Steel
No par

52%

*106% 107
••

Joliet

Range Ginoe January 1
Lowest
■. t
Highest

:

■*

—,1

Johnson it Johnson__
4% 2nd preferred ser A

«'

.180

3%%

V

par

No paf
100

AV*% preferred
Johns Manville Corp

'

*137

Par

—.

Jacob* <F X) **» ^ ^
Jewel Tea Co inc

V

>

Interstate Dept Stores
1
Xntertype Corp
: Island Creek Coal
M preferred——,—^

113 V1

150

Range for PreTiou* • ***•
Year 1946

.

;

EXCHANGE r
a: VV

-t%:V. <%-.-/•

•

.V-'

■

h.,

V'"'

15%

Nov

Dec

*21%

24

?l'/8

21%

32%

*43

43%

41%

41%

39%

Dec

6%

6
9%

6%

7%

Dec

93/a

11%

Dec

15%

15%

18%

Jan

49 //

42%

Dec

6%
9%

/

9%

15%.

16

49%; 49%
*110 '112/
40 3%
41%
27%

.

42

35%
*201

204

;V

58 s/8

59%

110 V8

15%
*53 V.

>

16%

54%

*1.11%: 112^

58%V

59 ;
38

"36%
*115

V 116%

41%
t

41%

40

.40

61
108

v

■V

153/4.

*533/4*111%

Jun

42
-

.203

57.

V *109% 111
v.;'.- 15%
153/4

16%

543/4

*533/4

54

V

*iii%vii2v^vy
•

'58

58%

37

37J/2

116

;

;54
112

.

:/ 543/4
112

63%

Deo

48

NOV

33%

'

:

35

.203

56%

110%

67%

.

35.

204

112%

Dec

243/4

67
*40%

35%

AaV;58%
110%

46%

Dec

-

May

53%

Dec

195

109% Nov
V 16% Dec
55 V Oct
114

116-1

,41% '41%

323/4

Dec

43

Nov

36

■V 35

Deo

108 V

109 y4

Nov

30%

27

119

: 353/g

25

Dec
Dec

41%

119 V

119

Sep

65% Deo

70%

"29%

-

/•»

r

40%

28%

62%
52%

51%
;

34%

*201

111 V

40%

42:%

•

Oct

111

^12

28%

r

67

»40%r

".

35%

*

*1103/4

28%

*66

*40%

V/v, 48%

-

251/4

Dec

Dec

30%

Dec

25

Dec

106% J06%

1093/4

106 y*: 106 y«

1083/4

Oct

473/4

Deo

29 5/8

Nov

87%

Nov

V 56 3/4
32 3/4

For

58 r

33%

footnotes

see

page




166.

Oct

COMMERCIAL & FINANCIAL CHRONICLE

162

A j94d

NEW YORK STOCK RECORD
LOW

Saturday

July 1

f per share
STOCK

65

EXCHANGE

57

42

P

17'/6

r

63

:64- ;'

18

;

-51

*115

120

*42

"r

42

•7,-.'

12%

12%" y

12%

.

42%

41%

41

65%

64

45

v

744%

•7

45

v

41%

P^r42--i

:

170

»;v

13

25

pp

.1 26

1

.

>

r-'p. ;-v^

■:■

;>rr

:i\ ;v.s:

y v;

y .135

93%:,

f.: *54 7;
•

;

42

*40
*132

;■■:■,

1

92

;7;

!26

"■

■Zv'V;

■:

v',-.

>: 53'A

53'A

31%

293/4

30%

30%

>33%

34'A

-347 '

59 7, :
21

V

~

59

60 '
21%

,

106

•

'■'lr r.

.v.;

43

■

7
77

18%

19

v

"7

'

yy

28%

49'/8

49%

65'A

65

23 Va

28

31

*30'A

19

Vi.

32%

33i/a

7*199

7719%

/

Murphy Co

'

17%

49'A

49%

300

67

200

10,500

43
:

>

39
28 3A

3.000

18%

183/4

2.800

22%

800

>303A

31

32%

•

100

33%

*201

7.800

203 0

29'/a

28 3/4

19

1.300

44

4.300

1.600

20%

20'A

20%

20

20J/4

1.100

41%

42%

42

42 >/a

5.800

77- 32 '/a

33J/8

32%

323/4

2,900 7

*

89%

rr-,

7*

>7

913/4:

/

•:

107 7

198 %

.30%

*105%

107 %

38 7

37%

/199

200

*170'

171

/

31
34%

*34 J/4

34%

63 >A

•62'A,

63%

10%

10%

100%

100%

11

10%

101 %

100%

100%

100%

100 J/a

33%

•33%

33%

22%

21

21%

33 y4
20%

33 J/4
21%

27

27

27

27

27 »/4

105 y4

105 J/4

V

34%

105 J/4

105 »/4

P

11

27 »/4

27 %

27%

105%

104%

104 >/a

21%

22 J/a

22%

13

13

13

LOW

Monday

Jun. 29 7

July 1

STOCK

*66

( per

"

69

112

7

45
108

60

45%
43

433/4

•107%

108

*58

108

•:

EXCHANGE

25%

Jan

Jan

t " 36
Deo
^U7v.;,:Dec:

%

May 31

Jan

,7

;

17

104 y4 May 29

30% Apr

21

62

\

4

56

47%

29

53%

:

16% May
49% July

49

7

20% May

6

-

42

*

May

22

54

Dec

Mar

v

Dec

213%

Jan

7. 33% Dec

23% Mar

■:•:■•■; 32 y4 Oct

31%

: 473/4

Dec

18%

Jan

9%

Dec

Jan

97% Mar

109 y4 Nov

8
2

Jan 20

55% Feb

15

70

.

11

Jun

25% Jan 15

Jun 26

v

/Dec

27'% Apr 24

3

8

61

i

6

114 y4 Jan

6

60May

41

/ 24%

Dec

h

May 31

109'% Feb

Dec

76

Dec

V 21

3

Jan

663% May 29
22% Jun 13

26

Dec

7: 34% Dec

7 79%

Apr 22

36% Mar 21

100

52% Jan

Jan

15%

41% May 31

25%

56

*130

:

131

131

t

30%

16

Jan

35%

4

Jan

•109J/4

/' ,.

"

108

.

y

25%

25 J/2
*52 y2

54 J/4

*128J/2
*30

V

36'/2

'

75

36 J/2

108'%

100

101% July

26

'27

Jun

108%

<

19%

conv

'

>

26% Jan

42% May 10

■

•

n' ,12% May

y

8rl5 '*< Feb

■

$

26% Jan

Dee

33% Mar

107 % Deo

29%

Dee

—

53 J/2 Jan

Feb

8

32

Jan

100
pfd_100

107

29

Apr

4

.—No par
—No par
100

44

120

100
No par
No par
No par

New York Dock
$5 non-cum preferred

-

Feb

30

!

July

16

21%

Jan

32

Jan

61% May 29

103%

Jan

28%

Jan

41

Mar

162

Mar

113y4 Mar 18

106% Apr 30
18% Jun 28

1

10

37 J/4 Feb 16
41% May 28
76
May 3
325
Feb 19

102%

135

28

3.90% pfd—100

58% Oct
35% Dee

' 35% Jan
.

7

Jun

27% Deo

Mar

45

24'% Feb 27
Jan

V

xl6% Aug

18

2

57

27

69% Jan

y

20

275

—80

6

-109y8Jun 19
34% Apr
5

24% May

9
Mar 13

May 22

Jun

Jun

28% Feb

Highest *

t per share

28% Deo
30 ■>, Jan V',761% Deo
103
Feb
108% Mar
35
Dec
:
37
Deo
106 V Oct 1
■ 109
Nov
105% Jan
110
Nov
32
Aug
/ 47% Deo
18% Jan
88% Dee

111% Jan 30
50
Apr 20
45

'

c

share

15% Mar

30

110J/2 May 27

26

Feb 26

54

$ per

43y»May 24

j

9

24% Jan

100

Feb

104

1

preferred

79

108% Apr

4 ;/
Mar 14 ;

110% May 28
40'/2 Feb 26

10

preferred series A

32% Jan

4

106

1
New

Year 1945
Lowest.//

f per share

3

No par

serial preferred—100

N Y Power & Light

Deo

24%

10% Jan

Highest

$ per share /

No pat

N Y SLlpbidg Corp part stk

1,100

36

10% Jan
—

Nov

85% Nov

65
Apr
22% Aug
15
Jan

>

18

Dec

Dec

14%

7% Jan

24% May 27

19

16% Mar 15

.

Jan

Dec

Range for Previous

N Y ft Harlem RR Co
420

•

y;

Deo
Jun

59

-

32V Jan 29 v 26% July
106% Mar 2
102% Nov

*101% Jan 24
V

Jan

V

Apr 25

25

21"

p 33

35

Jan

1

38

Lowest

N Y City Omnibus Corp

v

i

19 J/8

1,

/* *

.:

6%

1

800

"

108%

19%

72% May 17
12'A Jan 24

-

37%

16%-Jan
21

Range Since January 1

NY Chic ft St. Louis Co

400

285

:

51% Feb 26
80 % Feb

Jio pat

26 y8

Nov

Apr 10

34
May 16
41% Feb
4

29% Feb 25
19% Mar 13

1

Deo

54% Nov

Jan

13
Jan
xl01% Aug

25

8 P173

9% Mar 14

10

37
<

Dec

Jan

22% Febl3

100

4

76

(Z 35%: Jan

67% Jan 29

1 33y» Jun

NOV

25

400
New York Air Brake—
18,300 ,/■ New York Central

/

:

*67

19

2

3

Jan

24% Jan
'

199%

Newport News Ship ft Dry Dock—1

700

30%

*255

.

4 J/4 %

2,300

131

75

*108%

9

°30'A Mar 14

,

13

-

167

t

40

.

f

152^ Sep

—10

New- Jersey Pr ft Lt Co A%

100

-

25%

54'/2
131

285

18%

45% Apr 22
41.34% Jun 14
93% July 5

81% Apr
12% Mar

108

No par

Newmont Mining Corp
; Newport Industries

1,500

:

61

30'%

-

___

61

-

4% %

1,700

:

28%

*66

108 3/a

?

No par

—

Newberry Co (J J)
;Z 3%% preferred

30

;

108

*255

■

Feb
Jan

165

4

13%.Jan

.

103% May 21 7 108% Jan 24
32% Jan
3
40% Apr 17 :
24 v
Jan
195% Jan 12
204
Mar 19 17177 v Sep

"

No par

Neisner Bros Inc

,
>'

>

700

43%

75

18%

,

48

Par

Nehi Corp

§ ; *,

-

46

43

40

108%

4

2

65

100

.

500

112

♦45%

7 285

18%

May 31
22% May 6

31 y* Jun 29

EXCHANGE

109

*66

108 3/s

8

37

NEW YORK STOCK

Shares

28%

40

21%Feb

Oct

20% Jan

45% Jan 29

Feb 26

24% Jan

-

23% Mar

.181%

3
32% Apr 10

Feb 25

34% Jan
.

9% Mar
13% Jan

1

37% May
205 % Apr

Feb 20

Feb 20

* 17% Jan

f

.100

Sale* for

•

•108

.

;

'

;.V

24

No pat
10

*

2

34% Apr 17

17% Mar 13

No par '
1

J- 4%% preferred
National Tea Co
Nat Vulcanized Fibre Co
Natomas Co——^

.

20y8 Jan
i 16% Mar

20% May 28
28% Jan 29

37

No par

$2 conv preferred,

34% Jan

i

30% Feb 26

5

new

National Supply (The) Pa

1,300

36

*36 J/2

*36J/2

10

;

the Week

69

*35

7

>

Stores

250

27%

*255

e

Apr 15
16% Jan
3

20 % May 6
26
Feb 26

4

preferred

3

24

j

0

National Steel Corp

2,100

•106% 108

JULY 4

29
60

' 32%

1
1
1

National Sugar Ref Co,

4,600

*66

CLOSED

,

108

54'%

253/4

54'A

773/4

v718%

45

.50

National Power ft Lt

•

45%

60

59%

25 %

112

28%

c 30 :.z- 3oy4

285

7Nov

135% Jun

108'% Jun 27

10

Louis

St.

v

22%

27%

43'A

108

:

-

28'A ' 283/4

•

40

*66
*255

•109%

43'A

31

*35
v

•106% 108

45% .: 45%

132%

30%

; 26

178

No par

400

1

$ per share

108%

i

60

131

'7

69

1081/B

1

56'/2

*66

'5

Friday
July 5

STOCK

36%

26%

■25%

52%

stocks

Thursday
July 4

I per share

.

27%

36%

283/4

7758%7

69

*109% 112 7 v

7

28'A

273/4

28'A

37

•

,

# per ehara

108

46 3/a

108

-

■■

'
'

July 3

>108 y8 109

44'/4

22%

Wednesday

*36%

45%

49% Jun

Jan

2

20% Jun 26

.

ion i

National Oil Products Co

300

7/37-7737 PZ

PRICES

*106 J/2

109

*1091/4

SALE

share

*66

.

37'/2

*108'/a

Chatt ft

16%

Jan

2

104% Jun 27

National Linen Service Corp.——_V

i

8,800

a2% ,12%

I

*273/4

108

37'/2

HIGH

37 J/a vi 37%

; July 2

275/s

*106'/2

AND

Tuesday

7/

;•'■!■ S per share
27%

•

Jan

36

51% May 21
22ya July 5

2-

5

Jan 29

16 y4 Feb

1

new

1,700 P Nat Mall & St'l Cast Co

21

38

r

1,400
i

?

34

12%

•

30%

V

21%

CLOSED

>33

-

20%

37%

v.

-.

2,100

10%

Saturday

44

1

Jun

5%
16%

8

16

—

•■

23

15

__

Deo

Dec

37,

Jan

Jan

|vg6 % preferred B

18,400

11%

,

124

Apr

36

National Lead Co
7* preferred A

400

>30%

21 %"

EXCHANGE

10

34%

33%

$ per share

300

171

30%

63

100%

J-V :

202

:

*62 J/a

34

63

11

.

Jan

173/4 Jan 24

34 y4 Jan

Nat Distillers Products
Nat Enam ft Stamoing

fv

4,700 t

*199%

62J/a

105 %

Jan

52

26

'

•

*170

•

35%

"

77 13% Deo

109%

i. 22 J/4

58'% Oct

70

27

26

23,600V National Gypsum Co
20 4:
• $4.50 conv preferred

37%

30%

•

'

200

106'/a

-61

.:

Inc

(G C)

Jun

Oct. 7

'26% Dec

7% Mar

Mar 25

.May 3V

28% Feb

N" VOf 7
new..———5

,

National^ Dept

15.600 i

28%

106'A

.

'

170

/

•

373A

;

199

170

93 vi

7 55 7:

"28

38%

.

729% r: 30%

91 %
55

28%

38

199'/a
171

y

?

55

28

*1053/4

38%

*196'A

-34%

88 %

i-/\ 7 *54'A

*169

Jan

«

53

■

-National Can Corp
.10
Nat Cash Register
No par
National Container
.-,.,......,1
National Cylinder Qas Co
1
Nat Dairy Products
No par

19%
35%

7 107'

32% Jan
116

,

27

35'A

107

29% Jan
7 22 »/a July

-

193

433A

t*' 37%

12Vb July 5
38% Feb 23

100

19

i:';./V41 %: ? 42'A

w.

7%

V

36

55

44

Nat Bond ft Share Corp—No par

100

19'/a

>

28s/a

129

200

29

43'/a

-

75v

1

52
July 5
19% May 28

3

Feb

Dec
Mar

1.60

13 \ Aug
42% Mar

S

29% Mar 13

x45

Jun

Dec '

63%

Jan
Mar

1193/4 July

28

Dec

14% Nov

Jan

53 :

473/4 Mar

_

Nashville

35'/2

28

Co

National Acme Co
National Airlines
Nat Automotive Fibres Inc
National Aviation Corp
National Battery Co
National Biscuit Co

42

,88%
755

Jan

35 '

26% Mar 18

•

119

36

137 :

25'% Feb

'Wft«h-Kelv!nator Corp

•

1.000

20

,i

Jun

25% Aug

1

68% Apr

■40'A Apr 30
11% Jan
3

_

Mywrs IF E) ft Brp,

,

36

34%

118

56

111

9

No par 7
8
»17

preferred
Murray Corp of America
4% preferred

7,3.200

22 J%

201

29'/a

I93/4

X33

100

July
Feb

No par

43/4%

300

•

Brass

Munsingwtar

1.600

.1,600
.

353A

i

93

par

10

Corp

$7 preferred

'

23

28%
"

33%

i

'201

201

Ip 29 3/s 729%
:f?7741%:: / 43%

Whftftl

Mulllns Mfg Co class B

4

110

*66'A

173

26

17% July 5
51% Feb 25

50 /

Mueller

•

:

24

67 .Jun

—No par

3.300

31

*22

32 3A

Mach Tool

2.400

23

28%
18'/a

19

*30

22%

Motor

:

.■;/' 80

17%

J4

Jun

37

"

23

7
7

700

42%

42%

66

722.

'.

-

60

109

49%

p 18%
*

v.7

17%

223/4

:;

39

30%

-

.'/v.

43

173/4

*42% 7437777 77*42/77
383A
38%
39

43

38% yy

■

•

34%

59%

49

Jan

106% May
7'% Jan

18

45% May 15
62'% Jan
9

129
A—No par
May 10
No par :, 772% Jan 13
Moore-McCormack Lines Inc
—10 7
22
t
Jan "3

■7-7 *20% 721:77
106
y *105
22
,
; 22

,109

18

*64Va

:

233A-/

22%

*42'A

/

423A
109

109

49%.

64%

:'

,:

:■-,*

17%

:

50%

<•'

22

43;r .Z
>
i

109

' -y Z

64%

i.

22

fc

ih

3
16

26
26

45% May

33% Mar

1

61% Jun

156% Jan

1.25

"' V 26% ,:.-' 77 6.600 7
$2.50 cum pfd
■ *57%
r.'\
200
*52%
53'/2 ■: 7. .7100 ' - ■ Morrell (John) ft Co
Motor Products Corp
30s/8
'■ 30%',
7-1.700
•33%

July

113% Apr
18% Feb

9

31 J/fe Feb

2.50

Co Inc

_

Monarch

26

.

21

23

Hosiery

New

Monsanto Chemical Co
7 ; 7 900
$3.25 preferred series
777777::ioo7;/
92% 7 Si-10.100!.; Montgomery Ward ft Co

' 92%

7777

106

42%

:

*493/4
V

21

•105

20%

;

: 135

.

43%

'■■:

60

59%

»

106

22 3A

V;:- *109 ' ■? 109'/4

■

34 ;

60

'

20%
106

106

:

777:22% 723'7

■

:

-

,
■

34%

'

■

~/
■■■<-

30%

34%

■■

'

■

34% 7- v.y,:///—

52%:

30 K

■

2

May 15

51'/8 Feb 26

20

.

77*77;y70o7r

41

108

12% Jan

100

-56

52%

-•

.

.

.t

:V

-

v

Mojud

200

Z 77

12

108'A May 10

No par

preferred series A—
Carpet Mills

'167*

167
'

135

92*A

7%

Mohawk

1.100

22%

*40%'

168

Mo-Kan-Texas RR

-

1.500

22%

21

Highest;
$ per share

..

777/7200

■.

Jun

59

52% Apr

7;

t per share

tper share

2

Year 1945

'

800

12%
41

'

;

135-

.^■r.fe'34'v.:-.

v,

"7

■v

800
7'Y»y^Vl*>: Vi': •
7.';

share

,

Lowest

Highest

Jan

1063/a Jun

Minn Moline Power Imp]
1
$6-50 preferred
—No par
Mission Corp
10

•'

•

•

,7

V

;■■■;•. •54 s'/ t.v56

56

*54

42 J/4

per

38

3

3 20% conv pfd series A
Minn Min ft Mfg
No

450

7;'

120 '

J/4

41

:

,

25"r

'7 24'/2

'

'v':

56

4.500 >.

Minn-Honeywell Regulator

2.300

*63'A .64

I

*166%

V

92%

92 'A i;

v;

2.500

/

pPmPPPmi

45
yv-:"

't

135 rf /

*132

'7
•
i >7

18%

12%
'■/'

'

*132
f.
92

•

42

13
41

443A

167

167

.

■

T v

52
~

*114
'*

*63'A ..'■64-y-/ yy';'-

vJ::

168'A

f

•

1.600

118 J

51
18

120 f

41

®/4

44'/a

■••

.41

'

:

.J

-

64

i-'7—

■

1 ' .'
7

yvV'1

118

:

18'/s

40

7 64%

*63

42% :: 43 '"K

■,

13

41%
•65%

54

r

,

*115 /

43

:

>

600

!

'

17 J/a17%

63 J/2

18

,18%

7

52 J/2

*67y8 I: 70

118; Vj

•52

17%

,

*<80
7:, 2.700
2.300

,;

173'

172"
v

173/4

63

50

-120

*51'/a

70

118

:j,

"

■W

119

18%

41%

52*
173

17'/2

1.100

16 'A
42%

7 8

No par

& Co Inc
1.
$3.50 cum pfd
No par
Mesta Machine Co
9
Metropolitan Edison 3.90% pfd—100
Miami Copper
9
Mid-Continent Petroleum
10
Midland Steel Products
No par
'
8% cum 1st preferred
109
-Minneapolis ft St Louis Ry—No par
Minn St P ft SS M A vtc—No par

400

57

Lowest

Merck

1,500

111%

16
42%

i

•

50

17%

>115

51%
*170
'V *67 %

69'/2

#56

'

■

r'7

110

•110J/2

423/4

•118%

119%

49%

•'

*67'/8

4

16%

42%

52

173

-.

63%■>,

■

119%
::

52

>170

53'A

JULY

111%

16'/2

?'

*108

Merch ft Mln Trans Co

100 :

77

Range 8inee January 1

iv

^^.'.RXCHANGKrt
v
p';':''.yPpP POT

Shares
-

65%

65%

CLOSED

57

111

:S

16%
43

EXCHANGE

107%

:;

49'/2

*44

Range for Previous

>NEW YORK STOCK

v

the Week

t per share

STOCK

65%

65 J/8

*56

? Sales for

Friday
July 5

$ per share

45 J/4

,107

:

111

42%

69%
M8%-

V; 63

,r

16%

173

18

t.

*109%

53

172

*67%

v

58

yz
.

a

109 m:

17%;:
43'%

16 J/2

45'A

65'%

65%
:V*55

in

111

8 per share

;

45 C

•107 %

108

STOCKS

Thursday
July 4

July 3

•./.

share

per

♦43%

66 i-v

J/2

56%
■'

'•

47

108

CLOSED

V

!;j, I

fper share
*43 J/8

PRICES

Wednesday

Tuesday
July 2

Monday

;

V y.

Jun. 29

-

HIGH SALE

AND

17

■"*

S

Jan

-

Sep

24y# Mar

14% Aug

18

75% Jun
148
Jun
39% NOV
29
Nov
65
NOV
410
Oct
110
Deo

'

48

I
i

>i48

-

.265

'Pft.
7

'

34
34%
^r.i3%: :i4%

-29%

i31%

lio'/s

noy8

150% "751
Z'V.

17

•>:;

:2I3/4

-

-77/ *109%
•■*

'""••'/.i-y-

'

y

'

■

i

'

V

.

7

'J

0

17%

17

1103A

IT

22;

109'A

•

r

323A

*117
*46

15'A

46%

37%." 37%

373/8

'•

174

174

*174

"

50%
'

■■■

110%

27%
*22'A

32%
114

15

117%

48'A

'

22 J/4

15

118

:

28 J/a

110%

14%

1173/4

118

46%

*46'A

37 Va

-

•115

303%

22

363A

Z

a

-33J/a
1

'

33%

33%

175

•174

109'A-110

;
footnotes

91JA
see

93'A
page




*109

*32

33%
113

y

*110

264

50'%

•

'

33%

f .: 6,700
'"V-

29% ->.30%, '
lioy*
''

50

: 43

i

50

"'. t

21%

:

-

1103/4

<

22'A

7

33

*323/e

114

700

y

200

28

15,700

22%

,

•'

33

200

2,400

114'A

47 »A

'

14%

2,200

119 J/a

118

119'/a

30

*46

175

v

•

46'/a
36%

*174

.

33%

*32
110

-

110J/8 July
1
41'/2 Jun 26

>

VP

100

1,500

'

Airlines ——-No par
Telegraph
—L50
No par
Norwich Pharmacol Co
2.80

Ohio

30

33 J/4

200

pfd

Oklahoma Gas ft Elec 4%
Oliver Corp

4% %

166:

91

91 »A

91%

91%

y. v

■
..

90%

110

91%

100

.:

3,500

- :

"

preferred

-

19% Feb 26

>112
' 29%
223%
36

Jun 28
27% Feb 26
112% Mar 7

7 22

I

Glass

Co

Jan
Jan

115

Jan

2
;

.

166
28
91
75

Jan 2
Jan 2
Jan 30
Jan

7

,

_

*
Apr
6%-Jan

12%

o

100

Apr

107% Jan
16% Aug

ani

2

5

Jan

: 24% Jan
-106%• Jan

J®

180% May 7
35
Jun 17
111% May 29

Jan

July

46

Feb 11
51% May 22
39% Feb

-

26% Mar

July I
Jun 14

;120
•

-

110

Jun 3
*119% Jan, 14

32 Va Feb 25

No par
12.50

9%
17%

11

Jan 19

14% Apr 25
27% Feb 26

——100
2.50

,19% Jan

25

:

10

Outboard Marine ft Mfg
Outlet Co

126J% Nov
'
31 y8 Deo
15% Deo
112
Deo
- •;
38'A Deo
v-: 116% Mar
/ i 63% Deo
57
Nov
>15
Deo
21% Dee

*

19% May 15
^ May 23

•

No par

Otis Elevator

258 »A Nov

Aug

105 V*

114% Mar 13
56% J.an-11
55 y4 Jan
3

,

108%;Jun 26

pfd—20
.—No par

Jan

50% Oct

Jan

118

39% Apr 20
16% Feb T6
May 22
36

-

219

117

Apr ^ 1
7
Feb 26

100

100

Oppenheim Collins

Owens-Illinois

-

13 % Jan

—6

Omnibus Corp (The)
8% conv preferred A

6%

45

18

convertible preferred—100

**

•

;

No par

Edison Co 4.40%

Ohio Oil Co

'

175

5

Jan

•

Norwalk Tire ft Rubber

-

P: 36

37

Northern States Pow $5 pfd-No par

270

14%

15

114'A

v

1

28% Mar 13

Northwestern

500

3
11

29y8 Feb 26

--10
I

^Northwest

Z 420
r

Jan
Jan

87%

53
Jan 19
288% Apr : 5
128 */2 Apr 10

;

',12% Apr ! 5
111
Jan ' 3

Northern Pacific Ry
•

1,600

-

r'

27'A
:

190

246
121

—1
-50
100

Northern Central Ry Co

8,600 r
•

Z

16%

*109 J/a

28

22%

:

'

21 J/4

110'A

North American Co—■—.
North American Aviation

3,700 *

-I

16%

22

113

70

117:

•42

"

240

Mar 13

45

Noblitt-Sparks Industries——5
i Norfolk & Western Ry
100
f Adjust 4% non-cuih pfd
100

100

-

•110%

.

;

-

13% ; 14 :-y

7

•16% -,17

109 J/2
■

22%

33J/4
■'/*4

117'%

UO'%

1143/4

-

28

34-

13% 7 14

48

262%

7'42v:?743^:?<

■■

32'A

15

-

33'%

*46

•125% -126%

30'%

>•.

114%

1143/4

-

126

*115

: 50%
'

li43/4

'32%

^•.

7

42 y2

*213/4

22%

263'%

♦.

.

110'A

142 J/2
50'A

22 J/4
33%

r;',V •'*" ypy*'vt vv/y

For

110 Vs
*'

29%

„

.

1'?

>

14%

28%

'/'"/
'

34

*22 Vs

*
•

%
~

•

y

y

•/

-

•

'33%

:

*114%;i 117%''
29% ' 30J/2

433/4

: ?'.A2

1261

47%

125'%

,

266
/

V13%

117%

■

;
,

126
■

*46
263

48

264 '

,

*1141/2

,

k

;

•

>453/4

126

*

•■:

7

266

/>1251/4

;

■:
.

-

107
Jan
13% Jan
23 % Jan
Jan
22 %; Jan
74
Jan
58.

Jan

112
23%

34%
119

Oct
Dee

Dec
Nov

18%

Dec

xll8'%

Dee

34% Nov

36%
168

Dec
Dec

32% Nov
95

Deo

79%

Deo

V

^

Number 4S0S

iVoluifle 164

THE COMMERCIAL & FINANCIAL GHKONICLIT

<

I

x'

NEW YORK STOCK RECORD
LOW AND HIGH SALE PRICES
Jun. 29

;;

Tuesday
July 2

Wednesday
July 3

$ per share

$ per share

Monday

Saturday
;;

;

Jul^rl

I per share

I per share

STOCK

Thursday
July 4

4

Sales for

Friday
JulyS

(

$ per share

16%
23 '
79

16%
♦16%
23% *22%
79
'•,',-•'79

16%

16%

16%

STOCKS

STOCK
EXCHANGE
CLOSED

;■

16%

NEW YORK

the Week

.

t per share

;

i.

STOCK

Range Slnee January 1
Lowest
Highest

EXCHANGE

Sharee

^

Par

;

<

t per share

; V

'.Vx 22%

CLOSED

..

23

79

*22%
*77%

.

.

79

;

.

;

16%

1,100

xxX'xX"

»22%

23

*77 Ya'

79/

.

i

20

19% Jan 22

,

.

,

,

.

.

v

:

Jan

May
May

Deo
Dec

20

Deo

29%

Apr

X39% Nov
111

4% Mar
56

Apr 30

1

Oct

14% Deo

Jan

x80% Deo

106% Oct
27% Mar

>

9

110

July

57%

Deo
73 y4 Deo

32% Jan
2Y4 Jan

34% Jun
4
22% Jun 17

.

12
29

Jan4

106% Sen

7% Jan 29
48% May 21

.

Jun.

10
Aug.
32% Dec

'

10

82

175

13%

r.

Apr 30

85

Oct

149% Deo

5Y4 jail:
16% Mar

,

9

110

X60%

Mar

6

99% Apr 25

.

Nov

16% Jan

10

14 % Jan

Jan

my4 Jan
160% Jan

.

58Ya Apr 22

,

.

48

'

"

,

Jan

34Ya Jan

*

Mar 26

111

....

22Y4 Dec

24 *

Apr

20% Apr

-

,

Nov

14

27

....

.

Dec

46

17

11% Feb 26

.

.

42

Mar 18

34% Apt 22
12 % Feb
5

.

v

24

181

.

.

<

89% Nov

48

.

•

23 y4

169% Jun 13

>

j

13% Jan
11% Jan
45 y4 Mar

67% Jun

■

-

16

47% Jun

.

•

t per share

48

100

.

•

Highest

$ per share

86 % Mar 19

24% Feb

-

-

Year 194S

Lowest

I per share

Paolilc Amer Fisheries too,,.15% Mar 14
PaciflO Coast Co_
10
x- 18
Jan
2
*
1st preferred non-cum.—No par
77
Feb 19
-;
AA4A:--*38% 39% ,;xx 38% 38% xxp:, 37% 39
JULY 4 '■?. x • > *38% 39%
? I
30
* 2nd preferred non*sum—No par
:
34% Jan 19
''
*
*
x
"
j
45% 46%
45
45%'„V:.: 44% 45%
.
443/, 45
7.500
Pacific Gas & Electric
29
40% Jan
4
;• >"64
•. 65% AS 65%:,>65% X'/x ' 65 x
65%"■:'65:V:65: 1^000-:v: Pacific Lighting Corp....—No par ;xx 56% Mar 6•
i4-:A::yAAA4;'. 40%' 41%
40% 40% > -vx 40% 40%
7^!.40%
•
1,800
Pacific Mills new
..—No par
; 40
Jun 28
*155
156
155
156
A: A 157
157
156% 156%
''x\x
70
Paeific Telep & Telega
...
100 V 142
Mar 6
f1
*178% 180%
*178% 180%;
*178% 180%
c
v *178%
180%
B% preferred,
——
—.100' * 171
Jan
3
>v'x;' ■ ¥
:i'A * 8 % - • 8%
>; i 8%
8%'X X;;7,x>'8%/'X' 8Y4X
^;Si;^;h^'^'*8%- ■ 8 % ''xx; 2;40<K-Parifto Tin <k>tts0Pd Gorp;^.*^—!"
8% Jun 21
29%
29%
29
29
":.A -20
; :-.29%x/
:^^-^^:^*28%: '30;v<'400'
Paclfio Western Oil Corp—. .23% Mar 14
10 :
10% 10
10% -:
9%-r10% .*
/•.
-9%
10'
35.400
Packard'Motor Oar———No-pur.
9
May 0
19%
19%
18%
19%■;
18%
19
18%
19
;
14,600Pan American Airways Corp..^2% .. - 18% Jun 21
17%
17%
*16%
17%
*16%
17%
*17-- ■-•17%'
'400
Pan^Amer Petrol A Transp—^..8
16% Jun 26
52
52%
50%
52% *50%
51
••
•' 49"%
51
.
2 200
Panhandle East Piper Line.
No par
37% Jan
3
*107% 109%
*107% 109y4
*107y2 109y4
,
*108
109y4
4% preferred
100
107'A Jun 26
10y4
10%
10%-: 10%v
•-•10%. -10%
:
'
10%
10%'
5,200
PanhMidle Prodi * Ref—-1
9Ye Jun
4
*81
87
*83Y«
88
*833/a
85y8
^
*83Y«
88
ParsffliM Cos me....——.No par
75% Feb 26
i
;
*110
115
*110
115
*110
115
*
*110
115
- 4% conv preferredL..—^100
108% Jad 10
73
74%
71%
73-71% 72%,- ,^ 70% 71'%
^
6.900
Farumonnt Pictures Inc—-—«u-l,
53y4 Jan 3
73% ; ,73%
74
74
74
74
*73
76
300
Park & Tilford Inc
1
87
Feb
9
7
A
6%
6%
6
6%.
.5%; -6
/r^:-, ;
5%
5Y«
6.000
Park Utah .Consolidated Mines... 1
4% Jan 7
,r
46
46%
.
45% 46Ya. v - • ,-48% 46%
<;
>:■'
,
v 46y2 463/4
2.800
Parke Davis ft Co—...No por
,
35% Jan 3
/'^31%'r., 32%.
::i-31%^'3l%-« •
31 •-1 31 I
^
* "31% v3iya
> '\ • 400 ^Parker Rustproof Oo. —2.50 ' ^ 28% Jan 4'!
'
.
20
• 2iya
'20
20
20' - 20ya4 -* ,
ig7/8
i9'/a
, t
v j.500
Parmeleo Transportatlon^^No par
;; 13 Y4 Feb 26
"
19%
19Ya v
19% '19% 19%. • 19»/4
—
19%
19%
2,000
Patino Mines
Enterprises......^
.18% Jun 21
EXCHANGE

5

Range for Previous

•

.

5% Deo

29% Feb
21 Ya Jan

39% Nov

6% Mar

-

17% Deo

.

'

24% Jan 29

X18

59

30

Oct

Deo

24% Mar

'

•76

78

■

*

12%

,

13

x

38%
113

U

23 Ya

f

113
:

:

>

22 Ya

40Ya

:

6i

107%

35

^

28

15.800

48%

*48

32%

49

•31

'-•J'.

a

v

32%

'x 14%

15
70%

69 y2
43 %
.

28%

•27

*125

*107

♦111%

112
28%

112

28%

28%

v31>

31

15%

29

31%

-

*119

120%

153/4

34%

49Ya

48%
f

111

111

V

*30<

•32

33%

33'

C

109%

*107%

•135

*135

♦135,":.'

13%

13%

v

100,100

w

v#

27%

*30

»209:'->'--v:.:;

$ 40%

11%

x

-

1

;;XXV

28

i

-

40%

11%.
17%

17%

*209

XxXf;.

0(

40%
11

17%

17%

*128

♦128

140

♦90

92

*87

,

20%
:27%

28

89%
' 28'

*26

27%

20%

20%

'

'

20%

>

20%

'23 %

23 y2

^

23%

55

55

102

'

28%

27%

*.

*102

108%

109%

117%

116% 117

135

117%
123%
137%

114

\ 114%

►113Ya

63%

114

62

28%

27%

'

113%

112%

35%

*35%

122

*113Ya

.,

,

*

%

.

J"

-

27 "

500
5.900

^

20%

>

23»/4

V/.

1.600

40

66Ya
58

:1

114

112ya
f *ll03/4
36
" '
35%

200

,

3,100

.

5,500

"

1093/a

133Ya

390

950

4

1

J'

114Yi

114

-

62Va
26Y«

3.400

:

6.900

f

100

*110Y4 1143/4

36 4

x.35%

38

600

-

.

Jun. 29

Monday
July 1

.7 t per share

f per share

7;^ Tuesday

?

:

July 2.

I per iharai

,

■

#pershare

# per shareA

EXCHANGE

93%
22 Ya

;

CLOSED

93%
23

15%
■■■■■

*109% 110%

,

15 4.-.

;i5Ya

15 Ya
94 Ya

21%

*110

94 Ya

94%

EXCHANGE

22

*93

21 Ye

21Ye

CLOSED

*109 Y4

llOYe

110%

45

45

.28%
v; •' 37%

29%

28%

28%

27%

28

38

37 Ya

37 Ye

37%

.f '

27

27%-

27 Y4 i 27%

:;' i- 52
43%'

52

*51

52

51

*43

46

*44

26 Ya

•

*25Ye

X

•

-

45

:

26 Ya

.

*44

600

■

'

25 Ya

112

*111

112

♦111

108 Ya

112

*109

111%

*110

*40%

41

*41

25

•111

00f---

JULY 4

.

;

24

42;

24

24

24

24

96%

95%

95Ya

*95

49%

49

49 Ya

49

'

•95
!

48 Ya

*102 Ya
31

105

31%

For footnotes see page 166.




*102 Ya
31

104 Ya

31

•102 Ya

30%

16% Feb

27% Feb

117 ya Jan
30 Y4 May

27% Feb 25
118
Feb 27

y

13.700
50

45

; v

38

27

*50 Ya

1,600
1.700

-

1,200

i. x

52

*44

200

X ; i

38

27

^

46

200

200

"
'

*25 Ya

200

27

.*111
:

'

:

•>

;•

•*

:A0yA.-'-A:.0

Jan

.

57

l

Jan

25

32% July 5
122
May 16

;

Aug
12% Aug

Y# Feb

5

Jan

17

71

Jan

28

112

Jun

10

107% Sep

7

25% Feb 27
49

Feb

30

36

Feb 27

41

]06YaJan 12
Mar 8

23% Jan

v

14% Jan

111

44% Deo
74

Sep
Apr

113

11

Feb

85 Ya

16

126

Sep

11% Deo

-

Jan

106

Dec

23% Nov

15% Jan

8

Deo

37% Nov
108% Feb

25% Dec

?

May 15
190

Mar 29

15

Jan

Jan
39% Deo

:

99

14

44% Dec
12% Deo
15% Dee

Mar

117% Oct
69% Jun

49% Mar

92
May 28'
34% Jan 18

68

July

205Y4

6% Jan
8% Jan

•

Feb 27 >

96 Ya Jun

Mar 25

35

V 20% Deo

.

22% Feb 16

25%' Apr 15

Jan

8% Mar

'

Deo

69% Deo
y

Sep
118% Aug

3

30

141

Jan

25

7

14 >

3

34% Dec
124

105

8

8

Jan
Mar

44% Jan

11

48% Jan

7

83

-

210

3

Jan

65% Jan

123

Feb

26 % May

Mar 13

10

Feb

May
15% Feb

106

-

No par

Jan

136

10% Jan
2
97% May 17
21% Mar 13

1

1.4%

8

35Y4 Jan 15
110

134

preferred

Jan

128% May
1
73 Y4 Jun 10

27

30 % May 16

?

Apr

19% NOV

104% Mar 26

Apr 27

1233/4 Jun 20

...100

122

31% Mar
56Ya July

27

Oct

29% Nov

29% NOV

117

19

42% Feb

;

71% Dec
115

Jan

47

105 y4 Feb

;

Deo

15% Nov
36% DeO'
40% Ded

106% Jan
21% Jan

Mar 13

102

-No par

Plough Inc new
Plymouth Oil Co

25

18

32% Jun 26
x

Mar

9% Jan
19% Aug

May 9
May 23
76% Jan 22

25

15

6

80

26

41% Dec
108

13

x48

7

Jun

26
Apr
105Ya Nov

Mar 12

14 Ya Apr 13

Fetf*

9t

Jun

21

18 Ya J"an

•/

3

20% July

Jtut

198

Jun

12% Jan

22

Deo

17% Ja n
24Y4 Jan

27% Dec

12% Jan

25% Dec
26% Dec

V 313/a Jun 14

2
22
July 1'
x21%Mar 4 V: 29
July 1
Pond Creek Pocahontas
No par
31 Ya Mar 12 ;; 39% Mar 18
Poor & Co class B
—No par
20% July 2
27% Feb 7
Pressed Steel Car Co Inc
...1
22 Ya Jun 20 ' 30
Feb 16
4%% preferred ser A«.
50
54% Jun 26
63% Feb 18
Procter & Gamble
No par
62
Feb 26
71% Apr 27
Publicker Industries, Inc
5:.'
44% May 6
67
May 14
$4.75 cum. preferred..—No par '102
Jun 21 y 105% May 22
Public Service Co of Colorado.
20 1
33% Feb 19
41
July
1
Pub Serv Corp of N J«~——No par
23 Ya Jan
3
30Ya Jun 10
$5 preferred-.:
—,No par -u106% Jun 20
1153/4 Jan 10
6% preferred—
^.100
• 110Y4 Jun
20
126
Jan
2
7% preferred—.... 100 ; 115
Jun 20
.139% May 10
preferred
—.100
119% Jun 20
150
Jan 17
Pub Ser El & Gas pfd $5—No par
ll3% Jun 21117% Feb l5
Pullman Inc
No par >
58Y4 Mar 14.7 69% Jan 15
Pure Oil (The)
JNo par
193/4 Feb 26
28Ya May 28
5% conv. preferred.
100 ? 108
Mar 19
115Y2 Jun 13
PurlW Bakeries Corp
—No par
32% May 16
38Ya Feb 4
5
—..——8

Jan

198

■

,

65

I per share

24

14 Ya Jun 26

; 19

May

Jan

27% Nov
115% Deo

102% Feb
106% Jan
110
Jan

126

17

Deo

138

.

121% Jan
112Y4 Oct
47% Jan

Dec

66% Nov

Nov

X148% Nov
118

Jan

85% Oct
24% Dec

Jan

106

May
23% Jan

112% Nov
35

Nov

Range for Previous
Year 1945

Lowest

f per share

19% Feb 20

Quaker Stato Oil Ref Corp.

Mar

17

.

t

Range Since January 1
Lowest
Highest

EXCHANGE

33 Ya

16% Jan

,

NEW YORK STOCK

48%f Jun

3

I per share

Highest
I per share

15% Jan

'S-

400

27%

112
113

v.

•41 Ya
24

96
49

♦102%
•30 Ya

•

:

■

24

96

105

30%

Rel8

Reliable Stores Corp——No par

2.500

:

%v

'49 Ya

(Robt) & Co 1st pf<L——100

100
200

.-

42%
'

Radio Corp of Amer—
....No par
$3.50 conv 1st preferred—No par
Radlo-Kelth-Orp^ium —
—1
Ralston Purina Co 3%# pfd—100
Raybestos Manhattan.——No par
Rayonier Inc
1
$2 preferred
...—25
Reading Company—...
—5Q
A% non-cum 1st preferred
50
4% non-cum 2nd preferred
50
Real Silk Hosiery—...——...5
Preferred —————100

V

112

96

30%

•;

27%

49%
103 3/4

;

21%

110% 110%

-

25%

41%

94%

*44

XX";

112 1

42 Ya '

43% Mar 18
109

43% Jun
119% Nov
116% Jun

Jan

V

;

25.400

,

21%

27 Ya

? 111%

63

July

v

l4Ya

>•

45

*27va-

May

111

Shares

23 Ya

*93

46

28

X

51

43%'

STOCK

38

-45

17

;

Apr
2
35%. Jan
5
36 y8 Jan 21

r

;y: :i:A

16

109% Jun

4
21

.30

the Week

,

# per share

i

<-'A'Ay*-' '{

15%

19% Jan
92% Jan

STOCKS

July 5

<'

x:

21

19

202

Sales for

Friday

Thursday
July 4 '•

Wednesday
July 8 v

x-v;'23%

STOCK

11
17

Jun

132

3

LOW AND HIGH SALE PRICES
Saturday

40% Jan

14

13

65

14% Jan

36 Ya Jan

Mar 13

Jan

Jan

25

.

710

»•.

160

62

26%

i

Dec

96% Nov
43% Nov
38 y4 Nov

51 Ya Jan

.

530

1353/4

114

>

^

62%.

3.100

27%

27

3.000

?

•

121% 121%

,,

«

-

46

69

,

-100

56Y4

115% 116%

-<

•

300
1.400

108Ya

27%

-,

21

103Y2 103%
39Ya
40

:

.

^

1

61%

•

1.000

663/a

,

27%

•*

27%

28

56%

122

135%

10
200

rXS

1

-"'A?;

*55

>

•

>

117%

134%

4

'62%

63%

.

115%

"-SY •■'

■'

28

23 Va

27%

108% 109%

f 80'

*38y2
20%

,

40

27y4

'

■

120% 121%1'
135
136

27%

JL03%

-

IA:

27
21

,

58%

39%

27%

108%

35%

-

67

57%

v

40%

27%
108%

♦110%

.

56y4

67

58%
102

>

40

;

*55

67

57%

v

1

23 V»

663/4

121%

,

39%
207/a

39

Nov

30% Jan

Apr 22

49

106% Apr 12
10% Mar 13

Pittsburgh Steel Co
—No par
7 % preferred class B
100
<r:5% preferred class A——100
5%% 1st ser conv pr pfd—100
Pittsburgh & West' Va—100
PittS Young & Ash pfd
.100
Plttston Co* (The)
I'

■0AAS A.000

21

'

'

July 1
May 22

49

68

38

?

Pitts Screw & Bolt

1.600

t

;

28

20%

39%

17%
140 l X
91 Ya
89X

89
♦26

27%

39%
20V4

17%

*198

xv

' 27Y4> 27%

-

•

*128

~

♦90%.

•198 v':X-.X-x

.■

27% ' 27%

•

'

91%

♦87

: 89

27%.: 27 %
♦198

'

•

140

♦90 %:

2.900

>; 2.900

Apr
24% Deo
46% Nov

115

202
May 15
.100 7
Jan 14
7% preferred,
.100 x 203
Pitta Plate Glass Co—.—.—10
39% Jun 21
1

—A'

40Ya

113

2

27

88% Jan

Pitts Ft Wayne & Chic Ry...

11%

Jan

Nov

20% Dec
33% Aug
37% Mar

47% Feb 16

19

111

<

23

Dec

20

25

__25

Pittsburgh Forglngs Co

500

.

20

Jan

Dec

Feb

111Y4 Jan

—No par
Pitts Consolidation Coal Co...—1

3.100

.

36% Jun

17% Jun
33% Deo
30% Deo

27% Jan 24

Apr 26
32 y4 July
5

Coke & Chemical Co—No par

$5 conv

x'". ':' 70

24% x25:i%K'x
*26

Pitts

28

Jan

100

Pitts C O & St Louis RR

—

3.000

'

r

:

■

11% Aug

9

115

32

r,

Pillsbury Mills Inc
/ $4
preferred

300

•197

40%
: •

109 Ya

13%
13% ;
■101 Ya
*100

1

26%

♦209

40%

11%

i;-

'

'

24%

•26

34 Ya

200

-

May,

49Y4

2

43

—No par
100
No par
.—...5

>< 7% preferred^.
Phillips Petroleum
Phoenix Hosiery

3.500

72

21% Jan

30Y4 Jan

Jan. 12

100

4% preferred
>.3.60% series preferred
Phillips Jones Corp

•

*135

1

,

.100

(

33

*107 Ya

•

X

300
-150

70%

♦33 Ya

♦197 J V.

*197

32

*32

•-

.

9.900

.

127%

70%

101%

24%

48%

#123

13%

*100

i

<:•
>

■

3.300

*110% lllYa
4
•!(%%,105% '

•

5.000

J an,

1

89% Feb

4.4% preferred
..J00
Phila & Read Coal & Iron..
1
Philco Corp
3
Philip Morris & Co Ltd
5

50

J?

151/4
343/4

48

.)

109%

12%

^24%^25-xv
*26.

1
^

5

120%

15%

34%

33%; :^3^
*107% 109%

32%

34%

;
.

127%
71%
33

*33%

•'

;

33%

♦107%

71
*30%

*125

i

70y2

,

29

•na

,

...

.

32%

.

.

32

*30

127%

70%

112%

-V
...

;

5

9

16Ya Feb

;

x40
•

Pfeiffer Brewing Co__—No par
1.800
Pfizer (Chas) & Co Inc..*....
1
7,000
Phelps-Dodge Corp
^..25
740
Philadelphia Co 6% preferred
50
•
90
$6 preferred
No par
6.400 ^ Phlla Electric Co. com
No par
2.300
$1 preference com.^,
No par p

753/a

29

-

30

44%

75 y8
112%

120%

49

433/4

\

35

;

79% Jun

57% Feb
45% Jan

y

21% Jun 26
40
May 9

1.000

^

*110% 111
104% 104%,

32

*125

14%

"

69%> 70V4

31%

48

111;

104% 104%

2.900

,

v

29

34%

100

12%

-

15% i 15%

'

39 y2

107%

.<

<•

112%'

*119

35%

♦104% 106

75y4

31%
r■

15y8

35

50%

48%
111

t

300

14%

69%

112
28Ya

400

12

44y4

75

,f.
.

15%

34%
i

112

68%

43%

>

'

31

120%

120

75

13.000
;

*106
>

14%

"14%

32%
29

*39 y4

108
12

43%

73%

■

(

♦106

14%

43%

73%

39 Ya

*38Ya

-

70

400

109y2

32 y4

109%

12%

69%

:

,

,129 y4

•107

107%

14%
•

45%

73%

;'

•

12%

333/4

*26%

39%

107%

•105% 107%
12
12%

i'r

107

110

..50

...10
Peoples Drug Stores Ine
5
Peoples G L & Coke (Chic)—..100
Peoria & Eastern Ry Co
100
Pepsi-Cola Co ——
—33 %o
Pere Marquette Ry Oo
100
5 % prior preferred
-.100
5% preferred—:
—100
Pet Milk Co——..—
No par
4%% 2nd preferred
100
Petroleum Corp of America,
5

,100
1,700

4

23% Mar 4
•28% Feb 25

No par
100
'
No par %

Pennsylvania RR
Pennsylvania Salt Mfg Co..

"

300

,

;

*124 X' 129%

28 Ya

*38%

-

39 Ya

39%

;

61%
109

32 Ya

32%

Penn Glass Sand Corp—
5% preferred...——
Penn Power & Light Co

*'\!.

41 y8

•59

107

107

107

.-

36%

Jan

49
,Jun 21
36% Feb 26
12% Jun 18

'

"

'

;

1,400
10

109

130%

I

3.900

60%

-

28%

22%

108 Ya

*32

12 %

115%

108 Ya

XVi

1.900
5;
800

40%

41%

*46%

6.500

.

.

67

Penlck & Ford
...No par
Penney (J C) Co new
No par
Penn-Central Airlines Corp.
1
Penn Coal & Coke Corp
10
Penn-Dixie Cement Co new....—7

100

'

22 y2

X ■i^*59"w

*129

>

*113

22%

V/ X40%

34

"32%
:X;:V28-;X

130%

r

*35%

115%

22Ya

Ya

■■■-■

27%

60

34

■

4

37

*35%
■'

27%

108

60

28

'

48

48%
107 Ya

33 Ya

32%
♦126

•'''!■

3:

;

*12

''

77
51 Ya
; 38%

*38

12%

*113
'

fe
41 Ya >:•;
22 Ya

:XX,40%'
,

■:;x

115%

22%

;

.

•74Ya
50%

'

f

27

37

*35Ya

107 Ya

r

-

52 Ya
i 38%

38%
12%

■

26%

*113

41Ya

x

13

26 Ya

49

48 Y4
*59%
XX ;'34

v

■'

39

.12Ya-

27Ya

*35 X

.

:K'?

'Si 38%

76

*73 X?
51%

/

52%

50 Ya

40%

27

Vi\y;?V.iv

tirfi

76

76

X:'

52%

52%
,.sax39>

;

■

100

5.900
—

—

400

Reliance Mfg Co
Conv pfd 3%%
Remington-Rand

new

series

Preferred with warrants
Reo

Motors, Ino

—

—5
-100
—-1
23

1

Jan 28

10% Jan

Feb

7

96% Mar 19

78Y4 Jan

15% Jan

3

28% Apr 24
112% Feb 11

7Ya Mar
103
July

87

109% Jan 10
;

41

Jan

3

21®/4 Jan

3

37

3

Jan

26% Apr 15
49% Mar 6
Feb

43

8

22% Mar 14
106%.Jan

4

Mar 19

95

27% Jan

7

21% Jun 26
95

Ya July

2

32 y4 Mar 13

101% Mar 8
net/.

Vnh

OC

;

49% Feb
33

6

May 14

33

90 Ya
111

Aug

16

19%

Deo

Oct

18% Deo

Mar

Deo

43% Dec
25

Nov

Apr 9
33% Feb
4

34% Jan

38% Jun

19% Jan

29% Mar

53% Jun 20

43

46% Jan

36% Jan

46% Deo

11 Yi

28% Dec

39

9

Apr 17
112% Feb
4
125% Jan 17
31

45Y4Apr 22
27% May 11
101

Mar

Jan

Doc

137

Jun

69% July

143

Dec

17

Jan

22% Jan

3
7

15% Jan

33% Jun

60%

102% Oct

May 18
3

50% Jun
105 Ya Apr

4

99% Jan

31% Deo

36 Ya

Deo

102% Aug
29

Dec

FINANCIAL CHRONICLE

THE COMMERCIAL &

NEW YORK STOCK RECORD

t per

STOCK
,

:

18 Va
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«

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177
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Tuesday

Jun. 29

July 1

'

$ per there

I per thare

=

f

CLOSED

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\ 7 —

t per share

163/4

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103/4

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231/4

233/4

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10%.
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-

23

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;

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.

62

footnotes see page 166.




64%

65

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16%.

17

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58%

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200

^

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Dec

62

Nov

32 3/4

Jan

Jan

Dec
87% Dec

Nov

18

64%

15

80% Jan1

93

11% Jam

21% Dec

60%

.51

■7./ 7% Jan
.

Dec

-May 24

55

.

20% Mar

17% Jan

a

53% July

;

;

May

47%

12% Mar ;
76% ,Jan

2%

603/a May 28

r 67%

6

7 78%

7-59% Apr

17

38%

Jan

33%

Jan

56

4

7

783/4 May 13

29% July

,

105%

Jun

Dec
115 Va Aug
49%

33'/. Nov
121

Dec

134%

Jan 7
Jan A

Dec

,v49% Dec
\ 44% Dec

.

t

68%
27

»

108 ;

Dec

Nov
Oct

Nov

20% Dec

4

7 53 % Jun

Dec
Dec

116
v

Feb 10

14

56

Dec

99% Nov

19% Aug 7

5
17
•

108 Va Jan

-725

Nov

23%

Jan

493/4 May 31

3/
3

83%
7

Jan 7

5

7

Dec

40%

7 28

149% Apr

6

Sep

44% Nov

7 39

Dec

39

,

107% July
Jan,: 7
111% Jan 7

9

May 13

135% Apr

62% Feb 26
.

7

115 Va Mar 21

3

7

-.

Jan: i
Jan

rr

May 10

v

116;- Mar
55

Dec

95

25

24%. Apr

<

Mar-

27 %

39% Apr 10
109%, Apr, 10

Dec

20

Feh

32

.

30

[M;, 86% Apr 1

13
28

712%

7S

80

,Jun 20

■7.40% Jan

.6V4 Mar

7

27May 13

■*

l

20 Va Feb

24 Va Jan

•'■'

tmm

\

:

Switi

<Sr

Jan

.

,233/4 Apr 17
38 % July, 1

;'

109

Apr

18

1233/4 Mar 25

119%

7% Feb

26

1

31Vt Mar

Swift International

31

Sylvanla Elec Prod's Inc

>

>

3

Apr- J 8

Jao
i'A22

51% July..-1

5

730%

•:

Feb

28

11;

Feb

28

,

7

Apr

Dec

39%

17% Jan

-

24% Dec
62

Nov

38% May

31% Mar
29

Dec

;

.-,43% NOV

Apr

11

16% Jan

109
*

>

Dec

40

Aug

:

741

2ft

Dec

137 *

/Jan

;

31

7

8

24

Jun

25

v

Jun

41% Feb

12

:

(18

.

Dec

25%; Dec
33
Deq

,Mar

55% Apr

Jun 21

9%

.

7 Jan

May 24

:76 '

Dec

•

127% Mar

Aug

7.1.79

v.

36% Jan

Jun

Oct rv

35% May 29

24
160

4

107

18%
109

773% NOV

Aug

53/4 Aug

Dec

'/

I

53% Apr

41/': Feb 2a;
37% Mar

7;

May 28

14

Oct
Nov

33%

Jan 7>

Dec

57 '

Dec

22

24<

'

16% No$

24 Va May 28

'4

28%

10% jan if';

May 17
J10
,78% Jun 10
.

25% Dec

,

Jan: 7

>18%

»

<■

•

Jan'

18%

1

Nov

106

10%
•

13

'* ** "
44%. Apr

■■•

12%, 7,

Ltd
No par 7
preferred
-No par
Symington Gould Corp—
-<1"''

Feb

23"

i / 17% Feb 25
100 <
28%;Mar 14
pa*,7
115
Mar
5
25
7,36
Mar 5
100
38
Jan 21
10 >7

$4

16

5

39% May 13

26

117'

25

;

Co_

v

Dec

"47

::745:7r;Oct'

101% Sep

Mar 13

26

Feb

64

I

Coh.,—

Syperheatec 00 (The)^--^r-JVo
Superior Oil of Calif
Superior Steel Corp—
Sutherland Paper Co—

May 10

Mar 18

16% Feb
106

\

8,

,734:7' Aug <*7
34% July

'<26% May 31

7

3t; Jan
8
20
No paf ' v /18%.Feb 26
-J i 7 26%- Feb 26
> H

Sunshine- Mining
<

61
109

26

7>

<

cum)——100
1

(4%%

41

Feb 2g
41% Jan
3
105 7/a Jan
9

-7

i AAA/'

STOCKS *

.'

the Week
1

$ per there

-7

NEW

YORK

Range Slnoe January 1
Lowest
•
V
Highest

STOCK

EXCHANGE

<

»

t per share

J per share.

Par

Shares

.

IV* Jan

:

13% Dec

7%

Jan

14

Dec

7%

Dec

11%

65 3/4 May 29

48%

Jan
Jan
Jan

133/4

3

9

113/4 Jan 25

19% May 16

Telautograph Corp

J

10 V4 Jun

20

13

*22 3/4

700

Tennessee

8

17

Jan

4

—25
1
Texas Gulf Sulphur
—No pat
Texas Pacific Coal & Oil
,—10
Texas pacific Land Trust
—J
Texas 8t Pacific Ry Co————100

52

Feb 26

'

64%'

643/<

4.500

Texas Co (The)-

163/4
.*371/4

16%

7.900

Texas

57%

1,500

30

_

2.600

22 '/a

22%

221/4

22 3/4

5.300

61"

61

'

*61

""

62

500

9Va Mar

Gulf Producing

48
*

Jan

4

42

Feb

.

3.

22% Feb 25
10% Jan
3
26

Highest
$ per thare

15

Talcott Inc (James)

300

Corp

I per thare

Jan

1.000

lOVa
23'/4

16%

-

Range for Previous
Year 1945
Lowest

25% Jun

16Va

..10%

CLOSED

JULY 4

;,

37

24%

Jan

Feb

103

'Feb 26

106

Uric-i—Xl—12.5ft.

9»In for

Friday
tJuly 5"

293A

,

Jan

Jan

38%

13% Jan 29

7

5

14

"Feb 28

37

7

1

—-J
preferred—No par

Sweets Oo bf Amer (The)

30 %

57%
■30Va,

26%

17

•

17

EXCHANGE

''"STOCK

-

'

,

Nov

30% Apr 23

„

125
Feb 26
42% Feb 28/

-

,i.,..-

July 4

I per there

.

10%

22%.

1.200

5.700
'1.800

40 Va

3
6

20% May 22
33% Feb 21

Corp

Oil Corp

,

<

Dec

6OV1 Dec
180

Apr

;V

---

£

16%

16'/a

16%;,,

*10%

July 3

■$ per.there

■

103/a;.103/8

16

STOCK

':•. July 2

■

'

:

.

300
1.100

72

■1

SALE PRICES
Wednesday -

LOW AND HIGH

.»

Monday

Saturday

■'

7

441;:'

1.08

36%

Apr

90% Jun

o

1 114

Sunshine t Biscuits,

t 3.600

51

39%

7

13

7:

No par

Class A pfd

6.,600

■;

7- t7

Chemical

Sun Oil Co

3.300

v

20%

,

■

Webster-——

$4.50 series A

34.800

32

,

40 Va

155

Dec

Jun

,96

93 % Feb

73%: Feb

-

Sun

___>

110

152%

,,

20% Aug

<

■■

3

Jun

:65/"

20V4 Feb 26

30% Jan>

—8

Corp

fltudebaker Corp (The)

600

53V4

*70" '

h

■

„•

„

12%

12%

.

;'■//:

33
107%

.

•■

7'T*)^

anv, 7
33%
;;

33
/

33
107 Va /

'

,

72

393/4

/:

33 Va

33 Va

333/4

33%

44V»

"*68

/,

.

40

39%

33%-1

33 Va

S107

r.

"72

*68

74%

393/4

--44 %,

-44%(-

'

•70

*•

44%

r

50%. //

Dec i

7%

.

R

39% July

?

v

—5 v
10.0 7

'.-Jv .7

/-•145
*
51

'

18%

1(

Mav

70

40% Feb 20

7

No par

3% preferred

Stone St

2.800

•

->

12V4

20%-

Oct,

Jan

333/4 May 27

3

29% Jun 20.'

—5,y.

Sterling Drug Inc common

13,000

■

(The) L 8

Stewart-Warner

75%

33%

593/4 Feb

7

——-1

Stokley-Van Camp Inc
5%. prior preferred

122%

„

5

60 Va May 11
193

V

40%

13%

'3

v

8%

-

•»

—-—50

4%: oonv preferred

Starrett Co

1700

•

20 Va

><•"^7:;. '.•• *3i^-

f

15 Va Mar

No par'

7.3%%' preferred series A
Standard Steel Spring—^
1

Jan

92% Jan

—J.

of Ohio

3.900

7

'

w.

20% /
32 tcA.,.

20%

,

*32%* va

"32 Va

'52

.

,20%

; 20 Va

?1 Va

/•/ 20%
1-33 V"

29% July
ifM 4% Aug

May 15

18% Jun
Feb

2 7

9
It

•

2.500

>

•'

36%

■

Deo

7

~'A:'

>200

21 Va

;-,'712

*"fv;

•

96

15

Jan

7,48.
7

-c

No Par / .112; Jan 31.
-No par y / 41% Feb 26
110%. Apr, 12
No par ;

preferred

Standard Oil

:

10 Va May

,7

7

.

23%

75 Va
I2i%

>10

25
10
—100

100

21

$4.50 preferred-

Standard Oil of New Jersey
7
.7

*108V4 "409%

120%

12 Va

"

Jun

55 V* May 27

Feb 26;7
Jun 28-,

84

7

1.900

't '20%

-/

7
'.v7/:

24%

91"

81

Standard Oil of Indiana——25

'•

36-

•

Dec
Dec

105% Jun

,

7

-No par
i—I
No par t.
9 >
No par ,

prior preferred—

$6

13.700

■

•

Dec

65 %

22%

24% Apr 17

483/4 Mar 13/

12.600

<

20%

'77

21%

16

5

lv

No par 2

preferred

$4.50

400

108%

21%

*108%- 109%

12%
;

4t'

11:

Dec

"

23.200

35'%

I 21% /

20% Jan

54% Mar 13

,f

-50%

•233/4
"

May
'.Tan

»

22% Jan

,

Standard G A E Co $4 pref—No par

1.700

7'

-

Nov

Nov

85% Jun:. 7

33% Feb 26

•

t.

IT prior preferred
]
No par
Ptand&rd Oil of Calif—.Jlfo par

<v

•*

.35% 7^

75%

/:/12%

20%-

103 Va

51

Railway

Squibb (E R) & Sons New
$4. preferred
/

>

4.300

107%

7'v> -20%

30% Mar
175

25
7.50

Standard; Brands, Inc

2.500

'

55y4

;77 7:7777

44%

'27 Va Feb

Jun 20

6

j

5

SQuare:;D Co new common—

700

f;

:

11.100

*107'

May 31

15% Mar 14

0

No pat
5% pon-cum preferred
_10Q
Mobile & Ohio stk tr ctfs
,100

Coo*

70
2.100

46% ' 46%
n*Af "78 - V ;'-

'

'

Dec

7

JPeb 2ft

7, 34

4

No par

3plegel Juc_

'

'

For

<

7

:

56% k 56%

:

1213/4

-

*120%

12%

42%-;

*

■

*49

' ■r'' 36% ;• 37;
203/4
7, 20 Va

21

75%

.

1213/4

J

i'7

:

7,,21

109 Vi'

*108%
-

21 Va
87

?0%

*

.

-

'38% W t/' 36%

■

17-724 %

r 7 ;

735
.21% / 7.
21%

•t; 21%

21%

21%

1

7 7 "- 7:
w7 ' -

;

57
96%
*108%' 110 ;

:. ;v

110

35 Va

v

*120%

EXCHANGE

7

6.000

r-A'77-'.:

49% .49%

.

V 57

35% 7//t; 24%

24%

7 7

w7 «/:
-

777

^

51

*108%

/- t. 36%

..g4%/

.

53% -54

7.54%

56

'

141
35 V4.
55%

,

66% Jun 26,
Jun
$
Jun 21

100

Spencer KeUogg A Sons
Sperry Corp (The)
8ploer Mfg Co

300

6100

*12.9 '
,1417 141'/a ..■>;

141

•

20%
.*54

;

1

51

*

i.

-46%

:6l

104

No par

California Edison

Dec

3

v45 :

;

1,7

preferred

12%

56% Jun

8,

22% Jan

7:

10Q
.

$5.51

.

';

7 19% Jan
:

Porto Rico Sugar

36%

6

Jan 28.'

54.

/

722% Nov
7 70%

3

.14% Feb

21.

Jan

6

..

433/4 Jun

7 13% Feb 26 /

Spalding (A G) & Bros Xnc...~..~»4
Sparks Wlthington
No paf
Spear & Co_
;
1

50%.
131 4 -

50

.

"

"54%

-

-

'/ 47 /t" 77 46%,. 47 •7V
78 //;/ :
773/4- 78'/a 7/
'29 '
29
'
29%
-7*107
107% / '
107%
21 Va
203/V 21 ;

.28%
*107

107%

/*■ ;

55V4

>

;

*'.4

7 131

131

-

7 38%

May 18

87''. May 16

7

413A Feb 26

;

;

*

47

*113%

4

■i""/

.

-

21% Dec

/

115

..7
-•"

50%

7,50,,

.

141

/k

7-

28%

*107

1

7

48%.
31 -1'

,115% 1157/a

.

24% Oct
114
Jun

16

35 V* Feb

7 10% Jun

S

preferred,

cum

Southern

"

'

28%

:1

'

8

Jan

Southern Pacific Co

5 ;-;7 42% - '43

...7-7; '7

*113%" 115 777

~

131

V

•

■

\{l

•

■

.50%,

'•

H■

22% 77"
44

•

*1143/4115%;'47%, i 7,. 46% • 47% 7*7

47% ;

*113

52%

51%

fr

22%'
44

•• ?:/

"/• /■7

114% -

17

18

Jan

127% Feb 26,

15

South

1.300

89

83

;

27

Jun

113% May

.20

Southern. Natural Gas Co

*103%' 103

'

"r

;

.

Nov

7 66

Socony Vacuum Oil Co Inc
South Am Gold A Platinum

.8%

C. ^29%'A"30% «

,

&

Soutnern

22'

5c30%1

■/...; u-v ;.x83

j.

•a-A-v^? J

40

Dec

■?[ Southeastern* Greyhound Lines
'

:

'

'

115

*113 '

//:,

>:;• 22 Va

46%

1143% // v: 1143/4

*114%

-"

82../ ■j, 82 ./;/ 7. *81 .7 84% 77
77' '30% f 31 7:"V7
7 104%. 104%
*103% 104%.

L04 / /
22%

;ti:.46%

31%

800

b

10%

'

*47

^

^ "f

Steel

31%-

/7 7*104 7 1097

109-;. 77*

•32% *; ;• / J3i%-

5.600

7 24ya

*21

47.3,4, ^ 48 •.

.

30% >31%.

■

'*

:
-

'•

47%.;

; 31'Va

'

.

v

t

32s/a

22

'■('

.V-

82

'

Il03%

104

54.600

87

"7,7f,10%

.

^

22 7

,

Dec

Nov

Smith Si Corona Type writer _No par

:ioo

(
v
v

,

61
4

S4

10%

*21
// •v *104

*46-V

- ,

60 Va

7*83

14%

Nov

S1JJ0: preterred.

3%%

:

65%

77■• 89

./

87

10%:

22

'103

46 /';
.'323/a

.

82
n31%

/

.89%

-

8

79 %

—No par
13
Iron
20

39%
-

65 y2

ty ,,24%; 24%

10%: i

103/4

*21%

//

104

•

46

\

.'

.

;

*85

..

220

190 7:

30%

„

"

'23

*103

.

/,
613/4/7

'

i2'l Va

;

J-

61 :/'•

*89 :

ft

89 %

25

t

11%

11

„

66 Va // t
/ 61%. tt

;;

67

65%.

1.100

'-93'

-*39%

30%"

85

,

25%;/'

1/25

•

39%

'30%

t88 %

891/4
85

"

65%.

623/4

62

..■*821

r,

30

:

.

;

J'

;

Dec
Nov

25%

Smith (A 0> Corp_«.—.-10"
Smitb (A) St Sons Carpet Co
20

2.100

'i
,

6%

*182

■

i

'39%'

•

303/4" "31
86 1
-69

it

51

;7^:7y-55%/'-55%'

190

'

39% // 1

30% " '

t/.139%

39%

39%/'

i

,

.7" 106%

*54

54%

.553/4.;;

Dec

71%
30%

28

No par

30

73 Va

6%

37

8 :

18

91 Va

:

No par

Sloss-Sheffleld

*42 7 ^ 43: 7:.
17% -18 Va

,

\ 55%

55%

,>*182

190

*182

:

54% 254%.;'/,

,

7/ 55

*

.17%. 18 77 / ,'
:/
6 Va v 6V4/;

M

18 %
6%

6}% Nov

Jan

Simmons Co___—

'

•

t,:, ■: 17%

18 Va

17%

*42% Feb;

16

77

Silver King Coalition Mines

23-'

50

♦105

.

23

35% Majr 13

,

24

Dec

28

24% Jan

.

•

Skelly Oil Co

■

.

Oct

14%

Jan

.

19

Sinclair Oh Corp

•

8% Mar

23

Shell. Union Oil

19

*72

/

74% 7-

Nov

28

115% Mar

No par

Sheaifer (W A) Pen Co

55

*23%,

24 /

'

104%

,•

80%

23

•

56

,

No par

prer ser
Shattuck.(Prank G)
conv

Slmonds Saw A Steel

*53%

,

J

t 70%

7$3.50

18%

•

22

'

80%

-•>,.<,

7 Dec

20% Jan

No par

41%

.51;

Oct

34

(7 37 >•
Jan'
19% July
7ll0% July

26

17 Vi Feb -

i. 20 Va Jan

1

No parA^.7*-No par

83%

51.

26

Nov

32 Va Apr
40% Feb

Shamrock Oil & Gas^.—

n%- -n%

...

'

*80

80%

X79 %

20

"

:

19 % May 20
111% Jan 73

i

Dec

293/4
7 48

'

89%

41 %

Jun

21

,

712%

Apr

c

77

Dec
Nov 7
Dec

Mar

49% Apr
9
'23% May 11

,

No par

$4.50 preferred

40

•

7:

28

,39% Apr
r

31

Sep

-

21

8

Jan

18

•18%

6% Aug
19 %
33

9

.

f4

Sharon Steel Corp:

1.400

11%

511/4

56

18%

3,300

-23%^

3

64 7 May

,v

Dec

26%

Jan
Jan

5

>34% May 29
116 1 Mar 30

t

19% Apr 26

10 %

May 29

'34% Jan

7 26% Feb 25
7 12
May 3 j*
36
Jan
2.
./

16% Mar
16 %

13% Feb

;

106

Sep

'

.

No par
g
1

Seiberllng Rubber Co

36%

*82

,

10

29

30% Jun

3

99%

May 28

65 ;

Jan

* 37% Mar
.

v Apr

$ 90% Mar
Mar
Jan 23 / 760
1103/4 Jun
;107%;May 28
37% Jan
30% Feb 28
; 67
Jan
3 / '77% Feb

No par

Co.

34 Va

'

Jun

.

20%
44

Mar 13

52%. Jan

•

38

^eb 20-

113

;

w

Corp

•34

'

/•;

&

•2.700

"

41 Va

17
25

50

433/4 Mar 13

;

Servel Inc common-^,,

7.100

'

11%

52 •:/, 52

,

Sears Roebuck
Seeger-Sunbeam

,1.000

Jun

108% Feb

7 24% Mar 14

8;

26%

■"*

Nov

25

—No Par

'36%

-

Oct

'46%

;

1—No par
5% preferred series A w i
100

20%

•83

"'»82v/ ; 83%
•413/s

pfd

26y»

v--V->-;r

; - • •- -

Dec

40

7 53

112%

■

t-- --/

Dec

23%

14

No par'

20 Va

.:

11-7%

Jan

3
; 12y8 Jant 3
/ 76 Va May
7

;

5.000

21

Jan
Jan

31%

22V4.Mar.il

'.,

Seaboard Oil Co of Del

35.200

21

98<

14%

6

26
Eeb 26
6% Jun 26

8

Seagrave. Corp

J44%

16

136

/24% Feb 26

cum

Dec '.

10

8

$3.40

Oct

Nov:;

Jan

1

U2 y8

^

•••'■'■

'89%
24

: 300

37

28V» Feb

Z

-~No po*

Seaboard Air Line ctfs

1,800

.

21% * 21%-

'!44%i

,

34%:/-;-;/^:-t/

:i

1 -24 :/f

.42 /; •

11%

52%

';

•'

41%

IV
15

36%

'

^

7,*-

26%

•85

90

*83

90
/
243/4

24%

34

;

13

•12

-

;

10

110

Jan

>46% Jun

100

,

2.300

1

" 70

'

/;/

Jan

15 Va

2

%■

1

,

112 Va

36%'
/-

58

;35%> «35%

'.20%:

26%

27 •
37

*67

/2iV4">

2iv»

*110%!

*110 Va 112 Va
t

1

-

-

21%; 22%.

21% "

•

'

12%
44%

44%'

t

■— -

35%

.

.'-11%.

/ 21V4

21

•

703/4

35%

13 V*

T.700

.

-*57% "

87%

2

Scott Paper Co

11.500

*
♦no
110%
34%
34%

1

'

"

•

110%

*110

701/2

:

*69

14%

87%

14%

:

J, <87
* '/

3

15

3

2

Savage Arms Corp

3.000

7 Nov

24%

37% Jan

a-9
Schenley Distillers Corp new—1.75

-

10

Dec

115

45% Jan

19

Jacob--

1

20% Jan
■

No pat

(N JOSeph Irftad ,./..:--7
Safeway Stores
5% preferred

1,700
5.200

^114%-

•

Ruppert,

•

'

•'

V 35 Va '•

35%

21

::

60%
32%

32%

»114

;.

14%
58

'

*

7 70% / 71%
'

-2.200

59%

vM

,

,.C

87 V4
58 '•

31%

>

14%

.

'

1103/4

;-/''35'

36%

34%

-

-

31%

.

'

*110

110

110 "

4

•

.

114%-,--:- :

*114

87%
•58

57

:

-31% A

32%;

/'

54 Va

Jan

Apr

113% Jan

_No par

'The)

Jan

11%

1

110% Jan

£104% Jan

Typewriter

Ruberold Co

Dec

33%

Jan

102%

7

7 38 Va Feb

Co

18%

7

1

,

Antelope Copper Mlnes^

Royal

700

.

54 Va

^ /60

60

f

-

,14%

14s/a
85

873/4

86 %

60

-33

Va"

l.OOO

54Va

31%

c

114%-:

*114

15 Vt.

14%
4

-57

31% f

59

V

yf

31%

54Va-

27

Roan

3.500

10 Va.

io%

Mfg

series—

Richfield Oil Corp_.
Ritter Company

100

,

313/4 Jan

19 V4

20

31% May 28

118
7

',100% Mar 11

10

Preferred; 3.60%

Rheem

3.500

4

18 Va Mar 14

100

Common

*

'

*26%

f

preferred--,

j 21% Feb 21
; 40% Feb 16

2

:

7

800

.1.900

■:

18%

"26%

;

,

35

29% Jan

7

.

$ per share

77% Aug

8

77

>-

Highest 1

■

t per share

17% Feb 25

7

20

(

.

t

40%

40 %
-10%

j;

-

,55

:; 30%

333/4

.

Xl8%

10%

*39

10%
27%
•

;

X263/4

10%
28

,

48 Va

108%

*39

41

10 Va

27%
,

48%

.

19

1.200

Jun

110% Jan

No par
100

No par
5%% copv preferred
100
Reynolds Spring
«
l
Reynolds (R J) Tob class B
10

7*5.300
' 70

•107Va

/,/;
34%
19Va "

17

■«

-150

I';/

22 V»
443/a-

.

/.:• 44%

108

34 y4.

;

19%

123

22%

22% ; 23

tper share

7

Lowest

v.

7 24% Apr

' 7

10

,_'_No pat
100

5%%

share

12'A Jun 26

Reynolds Metals Co

t' 2.000

per

15% Jan

7

preferred—,.

conv

77 t

Year 1945

Highest

1
50c

Revere Copper & Brass

:

35%

123

122% 423',

$1

Range for Previous

;

Range Since January 1

■:;/■7',A-A/ Par

'

.6% oonv prior pld ser A

100

6,400

109

35%

-

„

44%

•

7777

Republic Sieel Corp

35.900

v,

28

*108%

36

|

387/a

27%

'

<•

v
Lowest

Republic Pictures

5.800

*114%" 115%

V

.

.

' 7

,7ft.,7'

EXCHANGE

,■.,

Republic. Aviation Corp

/7.000

is y*

38%

JULY 4

28%

107%

127/8

18%

'/'

7/.v

3.900

V'.

12%

.

;:7:-r.7/.

v;;'

Shares

20

19%

closed

114 Va
:

35%

49
'
108% /y,

48 Va

*107%

'

107 Va

.39%

38%

114%

125 y.,;
23:
44% h .;

*22%;

'"22%
•48

EXCHANGE

18

36

35%

*132

122
23%
44%
44%

"122

■

V/18%^

t

§,

the Week

t per share

v

>

K V *108%. 109

109

*108%

37 *

STOCK

28

109

36

i

:

■

12%

18

%: 28%

28

*108
'

12%.*

18
J' 38% :39% /
•114Va 116
/X/

116

*114Va

$ per share

20%

12%

;

STOCKS

-

\- kJkk, NEW YORK STOCK

Sales for

July 5

/

20

"/

203/4

123/4

.

x

;

,

Friday

>./,

July 4

.

■

t per share

share

20%

13%

38%

CLOSED

g per

20%

12%
17%

,,

/

share

20%

July 3

'AA

July 2

July 1

share

EXCHANGE

'

-

Thursday

Wednesday

Tuesday

Monday

i

Jun.29

t per

J

\rr

SALE PRICES

.LOW AND HIGH
'•••

Saturday

17 Va July

3

6%

Jan

60 3/4 Jun

5

36%

Jan

jun-

3

26% May 10
65

May 28

19% Dec

Dec
10% Dec

62

*1% Nov

18 % Aug

31%

Nov

13%

20%

Jun

Jan

30% Jan

55% FQV

Volume 164

Number 4S0S
165
/

i

NEW YORK STOCK
LOW

'

Saturday

gill

:

'Monday

Jun.29

July 1

jpf ,9 per share.fa

44

'>

ft

'-'•v

per share :,

,,

STOCK

44%:,

61

.

"EXCHANGE
CLOSED

^

.62

23

62%

shdre^'ff

;.# per

'V.'

61

*

> STOCK

*22%; 53%

5

■■

,

68

23%

15%

15%

•

64

'

*62

ft,

10%

10%

.54

l

112

,23%

108%

jL08%

>^'-rp:p:;'i-p'-'V--.25%
ft-,jft?
"

•

'

1

'

-t

26%

v^0%, 20%, ft.v

25%:

{59%

20 Ve

:20%;

50%
*26...

26%

;ftft.H 26

58%.

59

,

-

58%

.

-

>

51%

/

*25%

' 28%

i

U

<

41%

19%
54%

r,

19 Va
53%

106%

i

19 ye
'54%

67%

67%

'

■

-

v: ;r

-•

*.

»

<.>

.*

•

i

$3,50

T(lde Water Associated Oil
$3.,'75 preferred
Tlmken

5.500

Detroit

Axle

6.700

Xri-Contlnental Corp
$6 preferred

28.

i

«*

'

400

19%
19%
58%^ 59^;

.r

•

PI

$1.50

1,000

'

2

:

106

29

31

20

16%

24J/a Apr

k

No par:

j

71

-No, parr

16y8 Jan

No. par

>39% Jan
t 49% Jan

No

|

par

■No par ;;!

1

37%

.38%.
1147/a

*106%
,

*106%

Wi/.

107%

10.7%

117 v*

117 ya

40%

'40%

27%

vm

28%

155 y2

28%

.

-

i28

v

*106%

108%

'

153

■>.

r

,

112% 112%

AlSli

38 %

*112

-*34

.

82

'12%

'12%

;24%

24%
5%

24%

55%

.55%

56

_

14%

12%

15

-I'55y»

84

18%

18%

14%

Cr¥? J'.'l'.'f

55

*53%

■

52%
«■

n*1>

f'i

*53

53%

**425%

36'

25%;

■66u,

68%

*108 y»

108%

..

;54%.

;

25%

65

66%

-

63%

-

••

>V" *1

:^.t'

13%

13%

13%

14%

15

<"14%

28

28%

28 Va

.

*107%

110

22

.124

"

22

127

*200 %

"0;wt

'

205

<

47

:*

;*

:*46% '

60% ft

59%

11,

22

*11

36

.1

I

-.

125
•

110

r.

AAA

I

83.

64%

f'

Sfl

83

1 600

'

65%
71

69%

64%

,

4

16 va .17%

70%

,

170%

8282%.-

71

.170

■

.70

ft.;.,,.

16

u

u^.

ci

.

'65y2

16. it;

170

c>.

Electric

1.000

> "

ft

'

.800

,

,

91%

*lfc

,:

161 Va
;

.

.

II

9

1

Gas improvement

23.

10%

58%

.

300

Mi!!

<

ft/ft -V \i

.

.

i

15%
117

-

.

i

117

-

\ft

*115

26%

17%

1'7%

1T%
* *104%

.

;*54

,

,

"

.

17%

69%

rc 4
65 .'

L1QO *

>^2%fft82%:
90%

103

98 3A

98%

98%

*190

42%

-

Saturday

ft"

11 98% 983%ft ' ft \ft,ft

7;
.

4j

r

*

! '.

Jun. 29

;

■'[.rr,,
- -•
^
LOW ANH HIGH SALE PRICES
Am
1

.

9 per share

........

.

Monday
July! Vy

........

-

.....

■

lr

.

Tuesday

Wednesday.. ;

.

ft'ft

.

■

98%

.

100..

98%

ft

;ft...3uly 3.,'ftftftft

9 per sftaro

9per~*htu*-.~

'•■'•

'M

•••

.

-

ft.' fHtayv
4

July 5

-"'•■It'.

'Hl-

EXCHANGE

31%

,

,

.

?/>"■:■

-

% ,116

ft i,1
•••

•:>. i.- ' i

STOCK'""

ftft,

.*111%"-116

3A. •.■•473/4.
473A. 48
V;.*1Q7
.108 4ft *107 V 108 ft
.11%,. ft^ift'/a-jti-y*

ti ft;- ft> ft V'v.119.% ' 119% '
*96%

52%

ftft ft; ft,

99 v

'-ft

52%

48

*155

:

ft,-'.', ft-

■

.

JZVf,

--.-"->*48^

840

ft 310

it.

6

-»06%

9ft'

]

,.*173% 185

*155
:

'

r.- ■':!

:ft.

'

.433/4

•

f

if.-:,

•

:!■:

^,^;ft?96% 100;

>.

-

*

"ft

'

185

-

/'lift

Dec

Jan

82

26%

Feb

36

ft" 7% July.
22
July
/>: .1% Jan
38%

16

33 Va

July

133/4

15y8 Apr

ft

Jan

Feb

25

Dec

f

•

103%
16%

13%

''

21

62 "* May

107%

f

Jan,

115

Dec

Jan

115%

Dec

38 Va

Jan

343/4 Nov
55% Dec

63A Mar
•:

12 3/s

30% Mar !

'» 84

No

par

51 Va

6

144%

6

89

rMay

.

ft

Jan

,98

Jun

32

Nov

Sep

50%

Dec

Jan

8%

43/a

Jan

16% Dec

98 Va

Jan

121V* Dec

16

7
10

49% Jan

a

101

3

16

Jan

Dec <

25

Dec

5%

Jan

9

75%

Jan

110

Dec

Mar.

200

Nov

,

178

10

Apr

Oct
Nov

4

200% Apr 23

Feb 25

89

85% Dec
,160-

23% Aug

24

27% Feb

Dec!

46

r

28

22
Apr
110% Jan

Oct

Oct

77%

Jan

Jan

Dec

176

Jan

58%
135%

128

31

39

72 "

6

203/e Apr 10

Feb 25

8% Jan

5

11

Feb.16

93/4 Jan

Nov

73%

Jan
Jan

Feb

293A Ja/a .14
55% Jun 17

6

Dec

67

48%

;

Jan

52

973/8 Feb
166

94% Feb 26
187
May 14

Pictures Go Inc

22

Feb

3

;i06.- Mar 25.

preferred—,

Jun

1

Apr

18

21

11%

Jan

84% Feb

H ^15%rMarl3

ftl'

Dec

57

27% Jun

5

80

Jan >4
7%.Mar 20'

,.

Dec

16%

Jan

187

4

Jun

35
46

..Apr .24

67-% May
17y4 July

..

July

795/a Jan

-

Dee

"39

Jan :

9% Jan

.

60%. May 31

0

preferred

7%

>' I'j:i: 'A'M- '

Feb ,20

26

Dec
Nov
Nov

Jan

29

Jan

26%
28

77

29

1

Jan

Apr

77
ft

22

13% Jan
44

1

.154 Jan 21

presferred-

:

Dec <ft

13%

4

-47% Apr 20

3 ;
64%. Jun 26 '.

No -par

'

Nov ?'

;

Oct *

11%

2

204% Mar

26

64y» Mar

,,

i

Nov

52

112

6y« Mar

.

169

—,

Dec ft >
Dec rf-

Oct

29% Feb
2
132
May 29

Jan 11

26

:: 13% Jun ;12

————————No par
.100

Jun >ft

17%

52%

Mar

22

26

88 %

Jan

>106%

"23 'ft July 3
?ft: 13% Jan "2".
lo% Juiy 3
,,12% Jan 11
.ft'.ft

Nov

503/4 Nov } f
143/4 Jun M

Jan
103A May

28

Deo

•'ft 5

66

Jan

Dec

253/4 Nov

Jan

ft

Dec
1

13

Jan

9%

27

1093/4 July
>

:

23% Aug

Dec,,

48%

v

Deo

9

riL;

m-'

•

'

Range for Previous

w

NEW

YORK

Range Sinc«t January I ;;
Lowest
Highest

STOCK

ftt •' 1 EXCHANGE ;v*r.S

far

'

t?c-43%- ft-43%;
: ;*45%
-47 y8.

Year 1945

Lowest

f per share

9 per share

1

*1—

•>*■■■

;

>■>+.* :•

■

r-

rr--

-

-

:«f 4,W>" V". 4-Ln

T'

Highest

9 per share

9 per share

"~A-A 'Wftf'V

Va -Car olina

..

110

100

6%

T

;; 240

300

'.ft
J,

,'ft

I.

%—

6%

preferred—^———
ft Visking Corp <The) class <&Vulcan Detinnlng Co:
•
Preferred

115

No par
^100

I,.

7.7% Jan ^0

*

47*
,

ft "86%

90% Jan
24% Jan

Feb 26

ft' -43
*161,
,

T72'

,104

'

14

!"

Dec

Deo ftT

,103
,

Dec ft

45% Deo !

3% Mar

59%

Jan-

8% Deo
81

118

,'

Jan

83

45% Jan

105

Sep

.57

10

Apr
9
.July 3.
45%. Jan 30

24 V*

,

ft;

~

,33

.

Dec;

50% Nov

Mar

Feb 15

99%Jan 28

39% Jan.,

22%

Apr

"Majr 28

123 Va Apr

Mar

.Jan

13 Va

.

118 3A Jun 24 f
<89* Jan 21

25
25

,

34% Dec.i l

13

"■

.53

21% Jan
32

•

Mas JT f; 168 34 Mar .18
67/a Jan
3
12% Jan 29

pref—^.—^JIQO

Virginian Ry CQ^-v^.—
•

-

*173y4 185.

Paw $5

51% Apr 30
113 ft May 28.

r>

Jan. 16.

8

2534 Apr 30
,58% Apr 24
26% Jun 17>

.,

37 y*. Feb 26

Va Iron Coal & Coke STl pfd^lOO

^.•ft'-VVr**, =j

1,200..

Chemical

dlv .partic preferred

Va El i&

,

Feb

39
,

,

Victor Chemical Works-

'20

♦1731/4

40

66

ft : 32%
May 29

,

1st preferred.

r-S% nonriann preferrfat.,

170

*173%ftl85 ft

Dec

22% Mar

4

343/4 Jun

•

Dec

ftft'; "ft'1 ft'.' ft

500

t"

47

;

Jan

62%

28

Wi-fpv

2,400
X47

Aug
Sep

>

-31%

Feb

JL05

'

f

Dec

Nov

ft;>18%Mayl7

60% Jan 12

,-60P

51;

.>;

90 ■

"'43%

38%
120

25>

104

3

>41

Shore* f-fyf

'97% U5.

*96'/2

Nov

Aug

76% May 22
110 Jan 23

i

r;

'-

-52%

.

T170 i

96

Dec

45%

.29

1
30% Apr 10

h

6

20% May 6
.108
Feb 26

4%% -preferred

Sales far

:^*107% 108%

*107

,"ft

119y2

Dec

27 y4

112%

533/8

"31%

f.119% 120%

■

V

151

56

5Ift, Mar 13

3,200

/

Jan

100% Jan ft

Jan

82

^non^cum

Universal

■

49>

v

119
52.

;

:..43%,43%;'f .43%.,:>43%.
,47 .;48% ft> i. -*46%
48 J ft.
.

ft,

the Week

'ft

SKIS .v4^-«

*94ft»;,- -95%.

il

10
\

,

'
*44% .46 'ft ' *111%. 113%

20%

109% Jan

21% Feb

.

'

ft,:":'.

32

ft

9

16Jan

3 'ft

Jan

" t.700
Vanadlum Corp of Aih—.--—Nopar ftft: 29 3/4 Mar 13
•^33%.*".23%
-> 53%
-.233/^
EXCHANGE.^
24.%.'.. I .ft.1,100... Van Norman
2,50 >. 18 3/4. Feb .26
ftftv52%
52%-^-^ *51 ;ftfta2ftV',>^ CLOSED
,,-'*51%^ 51% . ! ,>-300 - Van- Raalte Ca Inq..,-s.
.,-10
i > 4b6% Jhn
Z
ftft>23%>' »*%•••24'^ft^24%Af;^;,6n3LY'4t-':^;«s5ftV^-.24%^:,,24% ... t. $ 5,200
;ft;Ve'rtienfesHCamagu^.^Sii0|E.C^8% fa,' 19%. Mar ia
•ft.45
*46..
+43% ;^46
*
'
- / *43%'"46%'
1
' 300
Vick,;Chemical C5o>mw_-^„„JftjL50
43
Jun 20
*111% 113% ^*lliy8 113%*^^
'
►
"
"
*111 Va 113%
i
^ >ftVicks j8hrwa^Pac I»,*. .w.;
) ,104. dan >2

23%

"7 "ft CLOSED >
*51 ; 52%
ftftftft
ftftft- :*4 %;. .24.%

f

*31 *"

^

28

86% Jun
•

ft;;, 9 % Mar 14

.__1

non-cum

^ I«'• >A--uftr"aAv'^,Vi?'fV-r.,....

31%

i-

ft
,

9% Mar 13

199

Universal Leaf Tob

.20

t

ft ft

No par

Universal-Cyclops Steel Corp
Universal liaboratorles Inc

>

900

.

*

.^

"32%"

31%
—-?23%

Jan

1;

,

■i.440s^,

-4 per.f per-share

ftftv

ti\

STOCK

Oct
Dec

■'

July L-

...

26%

102%
116

Jan

~

v-

86. conv

.

240

•

,y\'

•i'i-r

1200
1,300
...

42%

78%

106

ft

United Stookyards Corp—
—f
United. Stores $4.20 mon-c 2d pfd.6

- -

-

,_;ThuMdaf.

;;ft; July 2. ft-;

f par share

3,300

193.;.',.

May

M% Jan
111% July

14% Jun 20

parft

Corp

cl A

——

;7%

-

,

1

f;

ftf'

Dec

1

23

Wn par

,

...

Preferred-,.
U. S Tobacco Co—-

,.

105%. 105% ft

43%

-i—2.50

ft

-

—..,.,100.

Mach

conv

.

2,300

,*25%^06%ft ;i
*18ft* J*16%ftfts

193

98%

.

^115v: ll^.

17%

43%

27,

"!■;

Preferred

54% ft

15%.

,

•

26

47% Mar

No par
20

ft-

<

ft.8..%
:i5%;ft*

105%

43

Oct

May I
17% Apr 12
28% Apr 13
7 ye Jan 29
56 y8 Jun 27

3

106 V2 Mar

No

U S Steel Corp.

27,000

8%

105

43

77

40

r
.

3

1

U S Smelting Ref & Mln

700**'

■

..90%:

"23%

.-13%-

Rubber Co.

S

8%

^54"?i *'''

15%

,

U

6,100 ft

.

1,500 i;

195

43%

Jan

42 y4 Jan

}■

3

;

50% Jun

Realty Sheraton Corp.

40O

.,

^2 T-V **

106'

42%

58%

37% Jan 28..

45% Mar 11

:l«

U S

170%

4% Jan

16% Jan

| U S Plywood Corp

2.600

1,300

-25%

17-

-

':-'''"'yft;'',:v

lis-

.25%

Dec

>119
Jan 18
.'ft 54% Jan
9
57% May 16
ft 9.1% Apr 23

Jan 12

j—JLQQ

Preferred

13.300

*161% 163%

*190

195

653A

16%;

..

8%

*115

.

26%

300

54%

.

25%

120% Mar 11

ft

12 ft Mar is

Foundry*
ft U S Playing Card Co

26%

l§3/4.

.

.

'"'"ft" '

.,91%

83/8

•

my2

25%

105%

105
*190

'.

8%

J5Y4..J.5%-

-

Jan

29

:

2 !

ft 47% Jan

U S Pipe &

69'%

162-

2.6%

54%'

8%

16%"

f

-

90%

14%

May 11
ft 168% Feb
7

71% Mar 16

com

preferred

Partic &

E:

1.400
1 '

*11
*169%

ft

66 v*

162

27

*54

■

8%
.

25%

.

ft 26%

54%

'

8%
,

1

*71

f

J

83 ft;

.'15%

Co

Paperboard.
.....

S 'Hoffman

.800,..

65

■

169

66 %

67

90%
91%,
160'A 161

.

27

-

*54

93,%

162

27

.

•

'

'ft *65%

Dec

29

167% Jun

U S Industrial Chemicals.—LJBTo par;
-ft; 47% Mar 13
U S Leather Co_—
—par,;

.

1.600
.

24

5

19.200 ft U 8 Lines Co

58%

>

,,

■

8Y%ftft62%ft;ft;ftft;.«2.%;ft^%'ftft;|ft^

*

-

69

52 Va

17

26

1

Cos

%- - preferred—.—^.

««

11%

Coal

Feh

100

preferred

$4.50

U

J36%... 36%

''

.

67

'.S'l'i

Oct

110

2

11% Jan

ft

U S Freight Co
U S Gypsum Co

% 100

cr,/?

65%

%

,.'".'70%

.

169.

*r

«»

,

..ft

Jan

16

42

18

i

Feb 26

30

—3

United Rexall Drug, Inc

ft

-

59%.,

22 Va
,

A.

^65%

,,, ,

16% .16%

106%

Jan

115% Jan

28

Jan

ft -ft 73

—.—.20

U S As Foreign Recur

700

46%

<

5 %

-

ft;

190

126%

Co.

Engineering & Fdy_
S
Co new———Nopar

United

4.100

,.....

'ft.

10%
58

-

56

May

9%

16;
May 29

27% Jun 2 6.

United Merch & Mfrs Inc

.

ft

40

28.000

■

.

O A*3

*10%

81%.
66

81%

^

102

Apr

t

37% May 3
ft 33 Vi Feb 25

Fruit

United

2.000

.

22

:

,

59'

f

"21% *"v72'.........

58ftft|;tf|

58

<

Dec
Dec

34 % Mar

10

,

1

Dec

45%

,

233/a Apr

109% Apr 13

preferred

United

' 12.100t.

a

O

.

Prior

United

109%

Err.

.

103%

58

17

26% Mar

May 11

ft 30

37% Feb 26

preferred

Biscuit

United

500

15"

j[/•

..

;

conv

v,ft'ft|" «♦/.

V

58

10% Mar

V 125

112% Jan 24

-preference
United Dyewood Corp___
-ft Preferred

900

64 y2

QQ '■

|v..

—-4' ;,, inft' #140%

preferred

8300ft |ft;; $3

26
'i:s

?■<* 'ft--—

'

!40%« 10%v

Dec

103
•

803/4 May 27

I

3

107% Jun

United Corp commons

35.000

:

18%
54%
52

ift

700

lj%

21%

363/8

...

112%

>26 % Jan

4 ; 23% Feb 26

—45

»

"

.^ ^

85%

..

*107%

'

„

No- par

Carbon Co
No par
United-Carr Fast Corp_
No par
United Cigar-Whelan Stores—.—.30a

10.200

5%

27%'-;::28

ftftr
ft! A

11%,

36
"

Jan

^20% Jun 27'

106 'ft Feh 25

United Air Lines Inc.

'i3%;^ft;ft|i.2oo

59% "59% -ft

21%

,

■

56

7-

22

125

.

24%

5iy4.

46%" -.47>j"

U%

36

203/4

36<
12%

'14%

200%; 20t•

,

.

64%

109% ft

.

5%

.200,
6,800

; 108%'108Va '

-

15

.125
>

60

U%

37%
21%

-

47

*58%

;nya

36%
; -20%

ft

22s/4

125% .125%
ft *202
204%

.

»13%:" 13%

*107%

109%

/

Dec

30

17% Apr

:

United

25%
iso

:

>

■•ft27%: 28V*

...

Dec

Dec

10%

<

"

United

*53%

63%

15%

"'109
'•*22

79
33

30

United Aircraft Corp

6.800 ^

500

18%

,/

25%

>«5

ft^.43%

111

■'

.

*108%' 108y2

,

Dec

Jan

8

106% Jan

Mf

900.

llll

'

108% 108y2

nan-cum

OJL
81 ' l.'f;a»'5;"ff>'

*84

52%

> 257/^

■

•4%

48'

5%

55

,

Oct

23

Jan

Apr

Union Tank Car

1,100

.

j|i

39

557/a

18%

51%

..

Union Pacific RR co„

300

112%

12%

84%

*53%

54»%

52

Mar

79

66

Mar

Jan

71% Apr

ft

No par

$3.50 series
Union Oil of California

1.200
-

28%

24%

14%

84%
*18

'

4

"*34^

50--

14%

83%

18%

18%

14%

85%

85%

107%

Apr

5'

24

ft
23
Jan
3
M 98% Feb 26
111
Jun 10

ser No Pan

f Preferred

OX
81

5%

'

Mo pfd $4.50
Preferrd $3.70 series

48

,

12%

5%

.:

24%

"57/«

.

38%

m

~TT™"."r',

<24%

'

> :•

117%
40%

..

82

Un El Co of

200

151%

*112

30

.48%...,

-

37. :*34 4-' 37,^..

12%' '13%
6'

38

48

82

82

36%

.

:

'

49%

'

200

28%

_5

No par

7,700

jl» ,U.

2a%

112% 112%

38%

'*48%

82%

82%
**34

112%

'38

40

49 ™.~.
50

Sep
>

26

3;

Jan

>>66% Mar 15

No par

107%

40

Co

Union Bag & Paper

Union Carbide & Carb

^7y*1 27%
151%

Rubber

5;100
'■

*117%

Asbestos

fNopar

4.600

'407 y*

^ ;:

—

Union

2 000

.

107%

1C7,%

27%

28

tfndemood Corp l:

700

■

36%
363/8
112%. 113y2
111% 412%

*117Vb417%' f/%117% 117%''
40
' 40%
•' 39%
40%
27%

Dec |i *
Nov ;,

0;}.::

70%"

406%

28 fe. .28.%.
451% 153 Va

•'
t

,

-

*

108%

*106 y2

26 V*

*

151 %

97.%, U; -A

113% 113%
4121/* 112%

:

107 j/8.103 y3...

27%

134%

36%

»

*112%: 143%.

•

108%

/.A-» 1/.

,

.

VS-

,37
<
38
112% 413%.

i

,

i,

25

18%

4 ;

50
•

1

Jun *:

Dec f

7

63% May 11

,

102% Apr 23;

50

Co—

Nov

9%

61%

Jan

10

22% May 28

7

f 14% Jan

-No par

50

29

114

3

preferred.

112%

9
*

12% Jan

;

3

;

Jan

33% Feb

-

:

No par

Corp

Oct
Jan

Jan

*

101

21% May 20

9y$ Jan
3
411
Mar 20

;

15 Va Mar

14

20-

Dec >'

ft

*69%

f«W.-¥«"i9112Va

20

47% Apr

$

112% 112%

4%

Dec }

>b

19% Dec
f
66% Nov ! i

P

pfft

/

Feb

106%

26 % Jun

I

isP

Jan

112

Feb 26 ;

48 y2 May 16
^23 Va Mar 15

-1.

Twto City Rapid Transit.
5% conv prior pfd

1.1Q0 V

12
29

1

8

i

*

Dec

18%
1"

Jan

13% Jan

Dec

64%

,

July

68

16% Feb 26
•—5

Fox Film Corp.

Twin Coach

May

13
45-

18

112% Jun

Apr 25
48% Feb 26

Corp.

' $4.50 prior pfd

,;

1Q0
400 r

20%. 20%

,

©en

20th

8.700 j

.

67%
105%

*105

|R
.

Truax-Traer

800 v

54%

67%'

'

'

60

19%

53%

t>

:

15

8% Jan

T^mken Roller Bearing,

...

21% May 14

y

Dec

61%

Apr

69% Jun

8..

'/

31%

v;

9% Mar

7

23% Jun 26

Transcont'l & West Air Inc
Transue & Williams St'l___.

*19

,v.

19%
19%,
59Va,' 60,..*201% 21

3.100

!,.vl0%J* 10%

.

Jan

Mar 14

8%

16

20% Jun

Feb 20

Feb

26

49%

,j

70

17

new„

2,000

V

9'

50

„_J0.

4.700

tTransamerica

53% July
10 Va Aug

6

Mar 14;

;

$ per share

44% Mar

68% May 20
30 V* May
9
17% Fee 16

49

Nopar

20% '

;

7

4 07% Apr

par

>f-

170

*

Highest

■ ■

14% Mar

pur

N(

May 15

12

■

100

i#u

50

16

.

lpo wrt

preferred

cum

7

13% Jan

;

,„23
com

57%

."'-.*113% 113%

19%

•

(J R)

h,

•t per share

Jan

59% May

;?

par

I

59% Jan

!

1

Year 1945

Lowest

t per share

per share

27

_„50

*Tbompson-Starrect Co^

6.000

par

preferred

57%

,

-*25%

-

.54%

•

4%

49

.

61%

*60

20%. 20%
~■;

19%

No

•'■ft

par

Trapsit^Corp.-iV^

Thompson Products

400

,.*

26%P

■

Avenue

Thompson

1.200

.

,

No

20%

4

...

4A1S/' iaL/
105% 105%

!#;; 49%- 19%
-

50%

53%

*

4

405%.

*105

20 '1420%
-60%
62
21
,21%

.

"

113%

-

56

68

.

26%

,,

.

*113 %. 113%

113%

49%

68
*104'/a

;

20%..

." ft

..

23'/a
23%: '-"'ft'
*108%'109- ^

;

28 v,
10%.- 10%

40%*; 11 y«

113% 113%

,

541 ft

Range Since January 1
Lowest
Highest

„.,

v

Co;common„_
conv preferred-..

soo
200

23

,

,*25%

"

r

26-%
&8

50

j

57%

20%

f.

51

50

28 ;*:;

v.

23%
23%
J09% 109%-..

23%; ;23%
198%' 109%

,

div

Third

1,200. t

;

10.

55%

55%-

,

23%

'

52%

10%

54
' "

A,

$2%

.

100

111%

Range for Previous

;■>

No par

Therrnoid

ft

10

67%;p.p:;v;-:

111%

;

The Fair

1.200
-

19
,-r..,

,

.

300

>

' 1884 ft.ft

*17%

-67%

112

ft

'

^

STOCK

Thatcher Mfg Co_
$3.60 conv preferred

■

JULY 4

*19

'68%

112

ft

500

2sy4

CLOSED'

64

61%

YOKK

EXCHANGE

j rift-'ftPa*

i.7oo

44

61

EXCHANGE

NEW

•%

Shares

<l'44ft:

417%'.

20

the Week

'

"

'

'

Sales for

July 5

J per share I

-15V'2

"

Friday

44

4

60%

r

23%

*62 ft.

\

18%

*19
*

'

r:'

44

,

61%

•

*15%

-15%.

$ per share

46 %

-

♦22%

15%
18

44 %
*61

23 ft

62%

i rj

;

Thursday
July 4

July 3

i

# per share, i

U

stocks

Wednesday

,

July 2,

,

RECORD

HIGH SALE PRICES

Tuesday

'

8

AND

h

55
I..

36% Jan:

124'

■

,l

Deo 51..
Nov 1

ft

Dec: ?
JNovft f

43% Nov

52
Apr -4 .'
Mac 7 " 170

Apr 29
Mar 29

120

Mar

165

Dec

Feb

May 11

145

Mar

173

78

:

Deo

Nov

2

-

178

ff>ft'ft?:ftftft">;-,ft
1,
:iu,
AJ.

;

tl

■

■

-3

^

■

i

ft-

"-i?.*.-*

*74

'it■"fSSM

>77'. 'ft

213/4

48

*108

*108
ft

20% .20%
17%
17%
18
165/8

*io5y2

106'A

45%

473/4

see

41

page




:

:->•

75
22 ft

21%

*47;..

1341/4',

*39

77

v

21%

110

132%

For footnotes

*74

22

48

47%
-110 .'ft

134%

203/s

171/4

17%

75

136%
--

19%
17

f 100
ft 600

.

22%
.48

*108 ft: 110

135%

*20 y4

47%

1373/4
20

.

800

ft,

v—

1,600

4,400

17%

3,900

16%

173/s

171/4

173/4

6,700

105%

105%

105%

IO51/2

44%

45%

44%

451/4

6,600

391%

391/4

39%

200

*38

-

70

...

Wabash RR

4%%

Apr 26

Waldorf System—
Walgreen Co
4%

21

64

Walker

233/4 Jun

14

13%

Jan

20

Deo

2

54

29

30%

Jan

42

Deo

111

Feb

(Hiram) G & W
Div redeem preferred
Walworth Co

July
Jan

26

5
3

xll% Mar 15
103% Jan

3

Apr

Mar 26

1417/a May 27

105

Aug

61% Mar
19

110%

Sep

110

Dec

21% Feb

21

20'/a Jun

7

8%

18
July 1
107% Feb 20

8%

Oct

91%

Oct

105%

Mar

353/4

Deo

50

Dec

Warner Bros Pictures

31

Jan

3

56

Apr

24

13

Warren Fdy

35

Mar 15

50

Jan

16

29%

& Pipe

Sep

22

Apr 12

preferred

Ward Baking Co_
5%% preferred

86 ft Feb

Jan
Jan

Sep
Jan

Apr

20%

14%

Feb

Deo

16% Deo
Dec

166.

2k

FINANCIAL CHRONICLE

THE COMMERCIAL. &

Y,

Monday, July 8, 1946

NEW YORK STOCK RECORD
AND

LOW
'

YAY July 2

July 1

Jun. 29

$ per

I per share

$ per share

share

28%

YY' 42

CLOSED

Y

35

29

EXCHANGE
;

Y
29%

29
34%

29%

34%

•;>!i

STOCK

41%

42%

%t

,

'

30

41%
13%

42

14%

14%

14%

14%

38 %

39 %

39%

89%
38%
117%

*88%

39% '
89%

*88%
Y.

38

*115%

37%

.

38

119
*113% 114%

*118

118%

114%
116%

39%
*88%
.,•
'37'%
*115%
119
113%
H6%

*118

*113%

' V

117%

*115%

*116%

116%

48%

48%

24

22%

76

77

74%

10%

10%

22%

'

:76

■

'

27

97

36%

*24 %

53%
98%
37%

*24%

10%.

10%

*94

27
52

52

37%

36%
39%

62
44

44-.,;'

34

*40

40%

33%

40%
34%"
42
62%

39%

34%
41

40%
'

■

60%

.

".

61

■Y 44

v

44

106

♦105

22%
73%
10
*24%
51%
*95
36"%
*21%
—
39% 40
33%
33%
'40% 41%
' ' 61
61 :
*44
45%
►103% 106 '
,

96%

,*21%

*21%

119
113%
116%
48 %
113 %
22%
73%
10
27
51%
96%
37

AY

■

34%

.

41%

1,800 :

Wesson Oil & Snowdrift

37%
117%
119

*113%

114%

10

116%

160

'

•

'•

-

116

-

~60

48%" 49

73%

1,400

Western

800

Western

4%

27%
52

36%

41

.41

Y 61

'
A Y
A

'

61

44%
*105

:

.

Weston

104 %

105%

*38%

39%

*35

36

*10%

*99

100
11

35%

18%

100%

19%

20 %

*150
> 48

65

*47%

50
57%

66%

66 %

95%

95%

*95%

*101%

103%

*101%

'

•

102 Va
84 y4

102 V*

84
•76

78

;

61

$4.25

106

Jan

9

3

Dec

35

57

2

9% Mar 15

100
100

23% Mar 30
46% Mar

32% Mar 13

45

39% Jun 25

Jan- 29

45% Jun

A

96%

96%

*102%

A; 22%

22%

22

,

104%

Feb 20

72

Jan

106

Jan

105% July

21

22%

Wyandotte Worsted Co new

83

Tale ft Town© llfg. Co

Oct

Jan

31%

26%

Jan

84

18 %

100

Mar

Feb

5

10% Jan

19% Nov

13% Jan

22

—5

7

Jun
•->.

26% Jun

14

128

Deo

138% Deo

22% Jan

100

37

40%

Jan

53%

38

May 31

62% May 29
69% Apr 10

Jan

70

Nov

Jan

100

Nov

25

79

May 10

80

Jan

Feb

75

Jan

Apr

103
105

20% Jun 19

Jan

.v >..v>

•

52

May
4
Apr ISA

76

Oct
Dec

16% Mar

160

9

93

Jun A

35

12

16

21% Feb

7

A 83

94

Jan

6% Mar

19% Feb

26

par

Jan

Jan

30

100% Jun 10

5

91% Jan

8%
83%

26% Jan

17

Feb

1

May 21

12% Jan 29

Feb 28

50

Dec

47% Dec
18
Dec

2

July

36

May 17

142

28

22% July

Mar 23

50% Feb 26

22%

103

21%

34

No

Dec

May 28

99% Jan

pfd—100

(Del)

Feb
Jan

47%

Jan

10

Jr

5

78

107%

44

10

iWm)

Dec

105% Dec

44

26

16% Mar 13

10

Wrlelev

Oct

64
Jan
101% Aug
31% Jan ;;
87% Jan

62% May 29

19% Mar 15

par

76%

43

Feb

100

16

3

*33% Jan 17;
9% Mar 14

No par

87

50% May
Dec

45%

27%

•

11

Mar 26

13% Mar 13
;

A'- Yy.:v: ■->'--■■■ ,
Motors
...1

76%;

37% May

27% Feb 26

1

22

,

Oct

35 y8 Feb

Worthington P & M (Del) —No par
Prior pfd 4% % series
100
Prior pfd 4%% Conv series—100
Wright Aeronautical
No par

*84

A
76%
87

76%

Dec

'

70

Woolworth (P W) Co

.

66%

104

*84

77%

58

Oct

38%

Jun

30% July A

17

107% Jan 31

ff

35

68

37% May

63% Jun- 18

7

101

No par

No

39% Jan 30

36% Mar 21

57% July
92

27% July
31 y8 Aug

17

98'/a Jan

Jun

Jan

V 41% Jun

Jan

37%

Feb

14

45

Jun

64% Jan
43 y8 Aug
26 y4 Jan

14

103% Jan

Y 14%

13%

53% Jan

May

Jan

30 %

32% Jan

Apr

y39

Dec

14

34% Apr 25

Dec

61

4%

Apr 24

22

Dec

3%

Jan

17

101

Dec

40

115

32%

56% Jun

2

17
32% Mar 14

Co

Jan

32% Jan

2

87% Jan

12%

22% Mar

90% May 14
13'/a Jan 16

Jan

Woodward Iron Co

50

57%

:

■

A *65%

32

80

11

12.50

Wisconsin El Pow Co 6%

160

25%

31V2

82 %

4

;

|

Dec

100%

Nov

110

Nov

69% Mar

Apr ;/1

NOV

84 Y Oct

25% Jun A 6

IB
1

47%
24%

Oct

Young Spring ft Wire
No par
Youngstown Sheet ft Tube—No par
Youngstown Steel Door
No par

31%

Deo

70%

Dec

York Corp

28%

28

116% Apr

No Par

preferred

Wilson-Jones

61%

24%

66

77%

Y

23%

57%
66
96%

57
.

87

Y *84

*A

Y-23YA

Y

7

12%

Wilson ft Co Inc

19

21%

*44%

50

*48

57

96

26

22% Jun 25

-A ■>.

66%

.

35% Feb

112% Jan

1

Willys-Overland

100%

*150

160

*150

57%

*95

18%
21

20%

*20%

48

57
;

Dec

Dec

prftfArr»H

20%

>

100%

100% ioo%

160

■

19%

10

19%

100%

■

Oct

112

No par

Wilcox OU f?*-'

118%
118%

Instrument

11

20%

20%

20%

Prior

35%

*10%

22%

20%

104

Nov

113% Nov

Sep

No par

White Sewing Mach Corp
$4 conv preferred

22%

21%

;

22%

22

Jan
Jan

White Motor Co

40

38%
*99

37

Jan

109%
101

Wheeling ft Lake Erie Ry
100
5%% conv preferred
100
Wheeling Steel Corp
No par
$5 conv prior pref
No par
White Dental Mfg (The S S)
20

60%

100%

6

Nov

.113%

10

$3.75 preferred

105%

59

89%

23% Mar

30

Dec

38% Nov

114% May 18

1

Westvaco Chlorine Prod

106

30

A

119% May 16
53 % Jun 10

.

Elec

Apr

A

7

preferred

■'Preferred

A 74AA

*70
*104

110

Jan

84%

16%

May

23

Westlnghouse Electric Corp!

200

45
Apr
117% Apr
122% Feb

3

4

Dec

9
24

>

88% May 17

21

Jan

:

Dec

Dec

47%

30%

No par
100

Westlnghouse Air Brake

500

,

35% Jun
115% Jan

-Western Union Teleg class A.No par
Class B
No par

11,500

44%

31

1

Nov

32

33%

Jan

20

16% Apr 20

J12

.,

3,700 :
20,300

16

41% Feb

3

21%

Mar

34% Feb
47% Jan

25

Highest
t per share

14% Aug .;
Y 24% Jan

35% Mar 14

A

85% Mar 15

Western Pacific RR Co com—No par
Preferred series A
100

'

.4,200
•

33%

33%

Y

200

.

Y.39%Y 40

Y/

-

500

37

*21%

-

'

..

96%

A

14

Jan

Inc—

2nd

30% Jun

t per share

114% Jun

Supply Co
Maryland Ry_

non-cum

tper share

100

pfd

Auto

10 %

9

Year 1945

•

Lowest

12% Mar 14

-.100

Lines,

Jan

,

Highest

33% Jan

1

Pap Co
preferred
Air

96%

■•

4%%
Western

*51%

Feb

Corp

West Va Pulp &

70

*10

40

o

preferred

500

*24

V

6%

"

;Y vA

Indies Sugar

23 A

73%

May 18

.No par
.No par

West Penn Power 4%%

1,000

v

28

West Penn Electric class A—No par
1% preferred
100

,

113%

,*112%
r23 "

Y Y : ■■
'yyyy.
Y

West

5,700

37%
*118

V 30

Inc

$4 conv preferred

A

24

1

Webster

*115%

-■■■-A-A..

<•■-*■

18% Jan

par

;

Tobacco

$ per share

__5
No

'

9

Wayne Pump Co

89%

*88%

Petroleum Corp

2,200

;

39%

Range Since January 1 A

-A'.':. AAA Par

Waukesha Motor Co
■

Range for Previous

(C:,v

Lowest

Washington Gas Lt Co

,

14

14

» Jv "•

•

29

39%

*

Warren

500
1.100
y:*y. 400
AV'YY800

34%

41%

CLOSED
JULY 4 Y

a',Y'

y..'

29%

STOCK A

YORK

EXCHANGE

Shares

Y

29

EXCHANGE

-

89%
38%
117%

48%
113 %

48

23 %

Y *51%

■

113 %

113 %

114

,

1

117

48

'

*113%

29%
41%
14 1
40

*29

yy

the Week

S per share
,*28

YYY.Y: NEW

Sales for

r

July 5 'AY

...

,

29
35%

>

-'*29

STOCKS

Friday

Thursday
YY :
July 4
A'/jY $ per share
J per share
" ; / 28% 28%
■'/ AYL-V
35
'35
STOCK

Wednesday
A-'# July 3

Tuesday

Monday

Saturday

HIGH SALE PRICES

Deo

27% Sep

;V:Y?'A;;A-r /Y'Y;--.-"
'

,

..,«

35%

1,700

13%

4,500

per annum

until Aug. 1, 1946, 4%

a Deferred delivery,

tin receivership,

asked prices; no sales on this day.

••Bid and

z5%

36%

13 %

a New Btoek.

thereafter.

per annum

' y

>

"

Week Ended July S,

1946

•

yH

Saturday

.

Monday
Tuesday

-

■/

-

—

Prlday—

—/Y

-

42% Jan 15

8 V14% Apr

wd When distributed. s-Rx-dlvldends.

s Special sales,

_

34% July
5% Jan

18

y Kx-righta.

Exchange

Daily, Weekly and Yearly

.

SVwrlr/S'JXi'A xU;

Stocks

r

141,000

652,640

Wednesday

3,190,000

486,820

Holiday .>,/-y-y.
2,266,000 Y >' 144,000

TOursdayl—

10% Jan

Transactions at fhe New York Garb

Exchange

Railroad A. Y y"v>
United States Total y
and MisceU^
Foreign , i. Government^/Bondy:
Bonds r
Bonds
„
.Bonds.
Sales •
Holiday ■■:yyy.y^
%;S
v'"
1,564,790
$3,845,000 Y $270,000
v- $1,000
$4,116,000
755,080 '; v 3,536,000 Y
395,000
' 3,931,000
stocks,
Number of
Shares

vOaah sale,

32% Jun 21

i

Daily, Weekly and Yearly
A ^-/*

A

ff

.1

Zenith Radio Corp
Zonite Products Corp.

*

Transactions af the New York Stock
Y/

-;

4,000

'

Bonds (Par Value)

(Number

Foreign

of
Week Ended July s,

1946

573,365

"A 2,410,000

$206,000

357,095

Tuesday
Wednesday..
Thursday
Friday

Y.>Y/Yy

A
Total

Corporate

Holiday

Saturday
Monday

3,335,000

v

Government

Domestla

Shares)

Foreign

.

■,

mY

155,000

,'{•103,000.;.!

158,000

;—

120,000

$2,000

$651,000

167,000
Y~/

Holiday
2 05,030

$2,000

$23,000
12,000

133,000

270,355

.......n.

$206,000

:'0sy

^

17,000

'

{

'

'Ttitnl'

;

■

'

3,459,330

'

■

■

$950,000

$12,837,000

•'

$5,000

Week Ended July 5
1945

;,A,

1948

Stocks—No. of Shares

11,619,530

3,459,230

—

;

,

$13,792,000

Jan, 1 to July 5 ,
1946
■
'
1943

198,279,433

A/,Total,.A.'.'./ a;.',

$104,000 A A $17,262,200 i
Y 44,218,800

$5,000
950,000

U. B. Government

673,911,300

i

Bonds

56,944,660

"

;
r.

$735,392,300

.'/■ AY

v

$651,000

Total
.

New York

Stock And Dond Averages

Par

the daily closing averages of representative stocks and

bonds

listed on the New York Stock Exchange as compiled by Dow, Jones & Co.
Stocks
•■A

A.YW:.

-

30
Date—
June 29-^

July

1

July

2

July

3

July

4

July

5

' ]

trials

20

19

Total

10

First

Utllt-

65

Xndw-

Grade A

roads

tiea

Y„ Stocks

Exchange Closed
206.47
65.78
42.06. ,A
206.64
65.35
41.94

trials

207.06
65.37
—Holiday
206.72
65.24

-

41.73

-

10

Total

Grade

Utlll-

40

Ralls

-

ties

105.56

Exchange
116.49

100.93

105.56

116.23

100.99

109.01

76.95

105.54

116.19
100.95
Holday " "
116.16
101.24

109.03

''

108.96

76.90

76.84

,

105.61

Bonds

Closed
,

100

Brooklyn Trust

77.03

+
41.76

Ralls

Second

100

__,10

Bankers Trust

10

Rail-

-




-10

Bank of the Manhattan CO..-10
Bank of New York

'Bonds—

—■

"-.A.

■

..//Indus~

■

$2,626,000
176,000

'

>

$41,645,000

A- $80,999,000
24,001,000

Y

6,906,000 Y "'
t

301,000

582,000

$48,852,000

$105,582,000

26,000

Central Hanover Bank ft Trust 20

Chase

National Bank

Pulton

34
447

•

A

50%

48%:
135

;

140

111%

115%

43%

-

A
.

45%

48%

;

50%

Grace National

Trust

Fiduciary Trust
First National Bank-,

t

100

114

119

62%
297

45%
102%

43%

25

Sterling National

29%

Title Guarantee ft Trust

41%
10
100 1,785

44%

United States Trust

1,845

50

25

—

26%

10

18%

-12%

New

62%

&

25

National City Bank——
York Trust

47

21%

Bank

333

100 1,900

Public Nat'l Bank ft Trust.-17%

44

60»/4

Empire Trust

10

Manufacturers Trust Co—....20

20%

107.93

...100

Lawyers Trust

A

Bid Y':

195

Ask

210

200

—

Morgan (J P) & Co Inc

;—20

Corn Exchange

100

Trust

Guaranty Trust
Irving Trust
Kings County Trust

ft Trust—10

Continental Bank

108.01

435

Far

Ask

Bid

32%

Bank ft Trut-20
50

Co

107 99

Federation

109.01

City Danks & Trust Cos.

Commercial National Bank ft
Trust

-

15
10

Chemical Bank ft Trust

107.95

*

$2,828,000

:

1

are

2,000

$1,471,327,010

Y.. AY AYY. AYA ya YY ',

Below

60,617,035

O yn;'.-"*■;.a ;."

;%h.

52,000 A

Foreign government

Foreign corporate

$48,240,200

$13,792,000

Total

.7

*/

$597,000

Domestic

1949

1946

88,649,640

3,994,815

1,405,845

Btockg—No. of shares

1,410,965,600 *1A

Jan. 1 to July S

Week Ended July S
'
1946
1945

A

?

$3,416,750

1,911,200 Y

46,224,900

12,837,000

Railroad ft Industrial

$52,000

•

"

'

200,044,309

Bonds

Foreign

$597,000

1,405,845

...—

12

—100

A 82

23ya
780

,'.342
19%
1,940
53

Y

64%
303

47%106%
45%
86

25%
810

Volume 164

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4505

Bond Record

New York Stock Exchange

«»
FRIDAY

NOTICE—Prices
the week, and when

WEEKLY

-

YEARLY

•

"and

interest"—except for income and defaulted bonds. Cash and deferred delivery sales
outside of the regular weekly range are shown In a footnote In the week In which they occur.

are

are

disregarded in the week's range, ir—ittf they are the only
No acoount is tatrte of such sales la eomputlng the range for the year

The Italic letters In the column headed "Interest Period" Indicate In eaoh case the month whan the tend* mature.

:Vi.v.. '

'

bonds
New

York

Stock

Interest

:

:

v

U. S.

Government

Last

Low

*•''■i■■

ENDING JULY 5

BONDS

■

Bonds

Friday's

or

Bid & Asked

yf;!Z

Treasury 4y4s

v

High

Range Since

Sold

iNew York

>

Stock

No,'

Interest
Period

tow

High

104.27

'■

Friday

Exchange

January 1

104.27

Brazil (Continued)
External $ bonds

Week's Range

Last

or

Sale Price

Thursday's

A-O

*104.20

104.22

1949-1953

3-d

•107.19

107.21

3Vis

Series

No.

17

1951-1955

M-S

•110.5

110.7

3Vis

Series

No.

18

2%s
2%s._

1955-1960

m-a

*114

114.2

3V4s

Series

No.

19

1948-1951

m-a

•103.12

103.14

3Vis

Series

No.

20

2%s

1951-1954

J-D

3Vis

Series

No.

21

3Vis

Series

No.

22

*62%

65 Va

' 3Vis Series

No.

23

*63

63%

No.

24

*62%

65

*62%

64%

IZ

1

110.3

111.18

113.20

115.26

"

.

114.5

•114.29

J-D

*116.26

116.29

2 Vis

1948

2Vis
2Vis
2 Vis
2Vis_„__.
2Vis
,
2Vis
2 Vis
2 Vis
2 Vis
2Vis

;

M-S -ri

*103.26

ZZ

1949-1953

3-d

M-S

*106.16

106.18

MS

*106.15

106.17'

1956-1958

..MS

*108.20

108.22

1962-1967

i

IS63-1968
June 1964-1969
Dec. 1964-1969

j -D

' •*

105.17

H J-D

♦105.11

105.13

J-D
MS

*105.9

105.11

•105.4

105.6

MS

*105.3

105.5

-June 1967-1972
Sept 1967-1972

M-S

2 Vis
2 Vis

Dec 1967-1972

j-d

J-D

1951-1953

104.3

;

*106.22

104

,

102.11

1952-1955

J-D

*105.9

*108.26
•106.3

1959-1962
Dec 1959-1962

J-D

June

*102.29

*101.27

101.26

ACarlsbad
AChlle

"

2s
2s

Treasury

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

Dec 1948-1950
Jun 1949-1951
Sep 1949-1951
Dec 1949-1951
Mar 1950-1952

-

2«2s
2s
2s
2s

J-D

Treasury

New

•103.16

J-D

*104.2

: 104.4

J-D

♦104.6

104.8

J-D

•106.17
*101.15

•

•

j-jgt

V

101.17

•101.23

J-D

106.19

;

101.25

*

;:

,

of
of

Copenhagen

.

301/a

28

v

"yV/VS

30%

30%

21%

■'"I

29%

22%,

8

30%
28%

27

21%

28%

:-r";30

J-D

231/4
201/8

281/2

A-O
A-O

Af-N

•26%

28

29

23 y4
27

Vi

29 Va

21

27 Vi

29

23%

Jf-N

1900

M-S

1990

M-S

J-D
A-O

29

22i/8

27

26V4

187/a

28

30

28

37

85%
85%

♦22

.Oct 1961

28%

21%

27%
•23

1951

*84

26%

.Jan

(City)

External

1961

J-J

84%

84%

81%
81%

1970

Z
f $ bonds

s

A-O

64 %

65%

58%

67%

Zl947

*53

—

51%

52%

M-N

55

55

51%

55

1947

F-A

1952

5a-

A-O

1946

J-D

*53

__

:

97%

98

20

97%

97Vi

10

1953

Jf-N

1951

M -N

.1949

Rica- (Rep of) 7s
(Republic of) 5a of 1914

MS

34Vi'34%
♦i06y8
/

f-a

*103

loan

4Vis

1949

external

4Vis

2i%

27

1902

25-year gold 4Vis

Broadway, New York

28

J-D

1901

A Costa

Cuba

i

11901

AColombla Mtge Bank 6Vis
ASinking fund 7s of 1920

1-1693

30 y4

21

Af-N

1902

1927

$'3s external

Teletype

30%

211/4

"1

241/4

1901

1928

A 0S

NY

30 V*

21 y4
24 y4

SrS7

2i

28%

—

J-D

ASinking fund 7a Of 1927---

120

30%

(Republic of)—

A68

Members New York Stock Exchange

30%

30%

21%

24 y4

1901

(Hukuang Ry) 5s

Colombia

21V4
22'/a

2

21%

28

28

30%

24
;

J-D

assented

30

30

241/4

1

Jf-N

-1963

A7s assented

Wertheim &. Co.

,

30

■

ZZ .1963

AQuaranteed sink fund 6s

AChinese

Foreign Securities

28%

A-O

AChllean Cons Munic 7s___

Telephone

28

M-S

sink fund 6s
.A 08 assented

REctor 2-2300

28

28%

•x/'.ivit

A-O

63 y«

2iy*

M-S

A6s assented

A 6s

102 y4

:

28

J-J

.1962

114%

debt

ZZ--! .1977

5iy4
91

.88%

2

:> 33%

-

54%
100

97%
39

106

'.

;

108

104

'

__

108%

AAntloquia
•

coll 7s A.

(Dept)

AExternal

f

s

4s

MS

J-J

1945

*81

1945

?

j-J
A-O

f 7s series C

f 7s series D

s

f 7s

AExternal

sec

8

f 7s 2d series—1957

sec

s

f 7s 3rd series__1957

A-O

(City) external 5s—-—1958
(National Government)—

AAntwerp
Argentine

1941

8 f external 4Vis
8

f

conv

f-a

Australia

(Commonw'lth)

External

5s

of

1927

—1957

;

External g 4Vis of 1828

Belgium external

1958

M-S

Jf-N

1949

s

f 6s

1955

s

f 7s

.1955

(U 3 of)

external 8s

Stamped pursuant to Plan A
(Int reduced to 3.5%)
AExternal s f to Vis of 1926
Stamped pursuant to Plan A
(Int reduced to 3.375% )
AExternal s f bvis of

1927

1941

A-O

1979

A-O

1952

J-D

<

1978

1979

No.
No.

2

Series

No.

3

3%s

Series

No.

4

3Vis

Series

No.

5

3Vis

Series

No.

8

Series

3Vis

Series

No.
No.

3Vis

Series

No,

2Vis

Series

No.

3 Vis Series No.
3 Vis

3Vis
3Vis
For

Series

No.

11

102% 102%

Series

No,

*115%
*__'

—

80%

age




82%

■

*__

'82
73

73

'

60%

~2

82

'

-73

76%

62%

70%

82

.1942

;■

A-O

*100

A-O
,

j-j

85

2

58

76%

8

-

>

112

'•

99

99

'

82.,

•

l;- ;•

62%

85

58

2
~

—

"

*83

*74

F-A

102

102

7

.1962

A-O

100

101%

Jf-S

♦101

1940

A-O

•101

77/96//

6

1942

100
90 Va

73

67

—

101%

.1940

A-O

.1961

M-S

101% 101%

2

101

103

1969

A-O

101

1

7 101

103

series

.1969

A-O

*101

AEstonla (Republic of) 7s____
French Republic 7s stamped
7s unstamped.

.1967

J-J

5Vis

2d

part

*101

101 Vi

::::

__

101

1949

M-S

*34%
50
♦105
106

.1949

J-D

*i03y8

50

105

65

76 vii
66

61%

67

70

35
__

.'l:

82

67

61%

'

paid

1964

1324

1968

1952

A-O

Helslngfors (City) ext 6Vis
Dish Free State extl s f 5s

1960

A-O

i960

13%

M-N

15

12%

13%
100 V*

14 %

13 V4

12%

100 y4100 y4

99

99

100

99

*__

95 y4

103%;

102

'

■'

64%

63%

76

79%

801/4
65 y4

60%

65»/a

61%

A-O

*—

14%

24

1954

J-D

*31%; 32%/

30

32 y4

J-D

*98

96 y8

99%

1943

M -N

1957

A4Vis

stamped

A Assented

AMexlco

(US)

to

assented
Nov.

5.

1942,

1945

•10%

Q-7
Q-J

17
100

'

...

*13%

:

agree

extl 5s of 1899 £—1943

AAssenting 5s of 1899
AAssented to Nov. 5,

__

*21%
*16 y8

,

ZZI
17

1942, agree

FOREIGN

60%

65%

60%

65%

60%

65

—

SECURITIES

FDCM TRADING MARKETS

PAUL marks & P.O.

ma *

FOREIGN SECURITIES SPECIALISTS

64%

5

63'/a

64%

77

1

v..;

100%
104%

1954

(Prov) 4s readjusted
Mexican Irrigation—

81

80%

2

62%

62%

77%

60%

7 /

\

19%

AJugoslavia (State Mtge Bk) 7s
AMedellln
(Colombia) 6 Vis
I

66

79%

__;-v.

22
102

Mendoza

66%

61

78

_.n;

111

__

V

61%

64

50%

-

.

For Financial Institutions

63

63 %

„

102%

76%

77

■M 61

101%
102 »/a

101%

__

84

58

66

102
104

102%

v.::\

59

*68 1

101

98%' 101

"3

.1953

|A2d series sink fund 5Vis
Customs Admin 5Vis 2d series
5Vis 1st series

'i 98

/ '

•100 :

;

•

,82

*62%

171.

115%

64%

;

110%

111% i

111%

__

*62%

16

20-year extl 6s
gold 5Vis

/

103%

107

62%

15

101

?

49

•

105

62%

No.

168

A6s part paid
t
Haiti (Republic) s f 6s series A

112%

63 V4

14

162

110

106%

*62%

12

see

102

103%

*80

13

104%

102%

106%

*80

10

♦167%

A7s

96%

*80

Series

footnotes

101

35

*80

No.. 9

131%

67

*75%

7—

Series

3Vis

100

100% 104

6

15

63%

3Vis

~2

32

*63%

.♦Vis Series No.

30%

93

*

6

33

-

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1

Series

3%s
■

Series

SVis

1

30%

J.V

*63%

External $ bonds of 1944 (PlanB)—

3%s

J-D

30%

37%
33%

96%

i;W

A-O

(Central Ry)
Stamped pursuant to Plan A
(Int reduced to 3.5%)
5% funding bends of 1931
Stamped pursuant to Plan A
(Int reduced to 3.375%)

1

101

——'

•:

1979

:

37%

36J/4

*106

A-O

1957

38

J6%

-V' •*iii%

J-D

1957

36%

101

mW

J-D

(Int reduced to'3.375%)
A7s

J-D

External gold 4Vis
lADominican Rep Cust Ad 5 Vis
5A 1st series 5Vis of 1926

38

110% 112%

102%

J-D

1978

36%

105% 106 Vi

110%
106

__

Stamped pursuant to Plan A

113

.1945

External

82

2

102%

101

J-J

External

:

79%

104%

"I
s

102% 103
100% 101

100%

M-S

External

lABrazil

8Vis

vi 109

Greek Government—

A-O
J-J

■-

32

101

M-N

1972
5s of '25_1955

-

33%

102

—

M-N

1971
Feb

97%

.

32 y8

*32

J-D

1972

4Vis

loan

8 f extl conv loan 4s Apr

37%
37%

32

.

8 f extl conv loan 4s

37%
37%
32 y8

::

—-

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AExternal

77

82

.

j-j

1945

s
s

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77

__

82

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"
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j-j

series__—1957

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1st

F-A

A-O

1945

7s series B_.

115

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5 Vis

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.1952

1948

(King of Norway)

110

110

IA Denmark

1968

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Akershus

6

J-J

wks

ACzechoslovakia

1947

6s

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.1953

A Public

AGtd sink fund

J-D

Sinking fund 5 Vis

Foreign GbvfZ A Municipal
Agricultural Mtge Bank (Colombia)—

'

82

47

28

J-J

.1962

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74 y*

29

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100%

28

1961

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22

28

1961

90%

111%

■

.

"

28

1961

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'

53

1

z

50

28

Sep

97%

,

•

28

Jan

assented

fe'ABVis assented

<

■

—

a-o

Zjan
6s

% ASinking fund 6Vis

1980

88 %

;/•

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A6Vis assented

Corporate Stock

.

92 y2

97

111% 111%
•101

■

96%

86'/a

%

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f 6s

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assented

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87

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.

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,

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City
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*

__

.1960

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1

;//•

•

98

.1942

1961

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;

— —

103

100

'

97

7*97%

——

■

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0 A Extl sinking fund

•

7sI__I .1942

f

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101

101%

'

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J-J

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a

65

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__

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assented

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65

61

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1948
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1

7

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.1961

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.

8s

65

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.1960

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61

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65

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;

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sinking fund 6s_

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65 V*

60 ya

1

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.1984

assented

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103.18

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j-d

1950

;

—...

103.9

M-S /:

>

A6s

102.31
103.3

*103.7

M-S

y

.-i

June 13 1948

1%»

*102.29
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ms

1953-1959

Treasury l%s

102.28

j-d

iqsi.iqsn

2s

*102.26

M-S

2s,....^.^..^June 1952-1954
2s
Dec 1952-1954

Treasury

103

J-D

Sept 1950-1952
1951-1953

......
,

*102.30

(City)

102%

MS

.1975

7

103% 103%

F-A

.1976

:

' /'v't

,

J-D

.1976

1 $ bonds

s

64%

60 y«

Ml —

64%

*62%

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.1977

s

(Rep)

F-A

1950

i, Ms assented
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■

M-S

.1981

—

=•';

1957

w—.

-Vt,.;

64%
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102 y4
*102

.y_

■■■•,*?

1958

Canada (Dom of) 30-yr
25-year av.s
3Vis
■
'■ ■,
;

101.29

*101.24

MS

Z_

f 4%-4%s.

s

3% external

102.31

30-

f 4Vi-4Viis.
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Externa] s f 4%-4%s„

102.31

♦102.29

J-D
:• j-d

62%

f 5s

s

65
64

60 y8

.

—-4.

*62%

•/;

stamped

External

106.5

2s
1947
2s^.^...... .....Mar 1948-1950

No.

64%

60%

60%

--r

1

64%

*62%

No.

Series

Refunding

108.28

M-S

Series

A 8s

105.11

J-D

1956-1959

'/■

___

Sinking fund gold 6s
Buenos Aires (Provlnoe of)

107.19
107.10

106.24

iura-ioso

1

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107.9

10145 106.16

T

•

.

106.28 109.15

f

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,

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4

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•

63%

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27

(City)

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63

'

28

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High

60%
63

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it

26

No.

No.

,

102.11 107.9

-

104.3

.

'

No.

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Series

3Vis

108.4
,107.27

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■

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:: 104

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Low

65%

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25

3%s

.

\

104.9/ 107.4

__

No.

January 1

(Continued) -

3Vis

107.15

105.31 107.5
.108.4
105.22

105.25

2 Vis

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106

108
108.18

__

—

<

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Series

.

-

•105.23

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2Vis
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7

*106.3 ; 106.5

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...1965-1970
.^.-._..1966-1971

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'

/

118.15 118.23

:

103.28

*105.15

v

3Vis

ZZ

7

1950-1952

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115.23
;

,1952-1954

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109.22

114.31

1960-1965

109.8
115.23

108.18

*114.3

J-D

..1956-1959

2%s
2%s

.

.-II

•108.16

M-S

1958-1963

!

2%s

Treasury
Treasury
Treasury
Treasury
Treasury

Sold

No.

High

1947-19B1

Range Since

Bonds

Bid & Asked
Low

3 Vis
3s

Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury

3%

>

Sale Price

Period

WEEK

Week's Range

Friday

Exchange

RANGE FOR

50 Broad Si., New York 4,
Telephone HAnover 2-0050

N. Y.

Teletype N. Y. 1-971

11

11%

21

22 •/

15%

16%

chronicle:

f**

-#**>!>. - iM* (C-

**4* ■ feft'*

Monday, July 8,194§

|A

NEW YORK BOND RECORD
RANGE

FOR WEEK ENDING JULY 5
B 0 N DS

fey/ Vfefe
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Stock

Friday

Week's Range

Interest

Last

Period

York

New

Sale Price

or

Albany Perfor Wrap Pap 6s_—1948

Railroad Reorganization
.

'= • •'/':V-C:'•/'•fe'y'

Y

•''M/:'fe

V

N*!;VV'

6s with warrants assented.1948
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.

,

.

109%
158

157% 158',4

61

Broadway

2%s

,

■/

Telephone—DIgby 4-4933

1958

debentures

Tobacco

3s debentures

143%

68

'•.F-A <

104%

;v 104% 104%

-1975

A-0

104%

104% 105

A-O

104%

103% 104%

fefe 22

106%

106 fe 106%\

-fe

___1969

——

::

A-0

'

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149

:

103

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/

*

York

Stock

Last:/

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Exchange

^

or

low

Mexico—(Continued))—:
: /
AAssentlng 4s of 1904—
_1954
A Assented to Nov.
5, 1942, agree
AAssentlng 4s of 1910
-1945
A Assented

to

AAssented

Nov.

to

5,

Nov.

1942,

37

105

•

fe

J-J

5,

1942,

*18%

;'V

18%

14%

15%

' V 'X-

;v •

11%

16

i

agree

15

Atlanta r &

1951

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,
'<•
(Int reduced to 2.125%)
2008
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-.1959
/

fe

46

38

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39

38

42%

38

39

38

38

Charlotte

Air

Line

W?

Ry—.
M-N
J-D

110% 111
-

;

——1948

debs.

34;

J-J

—1966

J-J

(City) 7s__
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New South

External

3 —' y'y

t 5s

s

External

t

s

..1952

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.

'X' *125

:

5s__

101

'

:

101

:

100

:

107%

1963

1051/2 105%

101

1956

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-

—

107%

102% 103

99%

,

103

99%

"--Wfe

103%

-

90%

A Panama

(Rep) extl s f 5s
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Ext

sec

.1994

ref 3%s series B

APernambuco

(State of)

*100% s

.1963

1967

7s

*

1947

.

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I APoland

(Rep of)

72

42

,;--39'fe;/

25%

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33

24

30%

24

to

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19%

24

48fe

42

47

43fe

45

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■

47.
41

1952

41

A Rio

78

83

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85

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(Int reduced to 2.375%)—2001
sec
6 %s._:
1953

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i

52%

45

41
38

48

35%

45

2012

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1940

s

(Int reduced to 2.5%)—
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gold

:fe

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—

'

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,

1999
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i

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45
40

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34%
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44

42%

47 fey

36

40%

43

reduced to 2.25%)
2004
municipal loan
.1967
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*—

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'

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•/ -•>.
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v>-:. Uf
^
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■■■

—

fe

39%

42

fe'.

98%

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1952
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V ; (Int. reduced to 2%).—.^2012
—

>

y ^

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,

fe'*_. fefe 40

:

1950

;

54

45

37%

i'XLmX'1 '•'•AI-'-V

:|;

fefefe
fe-.

California! Elec Powef 3%s^j^*—1968'

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65
60

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reduced to

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s

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f 7s—.

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^OIJT

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61%

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60

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.1962

weiiy'fe-:nfe;

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extl-.

1962

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extl 7s-.

1958

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fe fey-

.1958

J-D

I'V

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-1955
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F-A

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sec

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76

64

12%

—

12%
25

*16%

' ,;fefe

Alst'mtgrSs—--c—»——Nov 1945
fAConsol gold 58^-.—w—1945
A Ref & gen 5%s series B
.1959
ARef A geil 5s series C_
-J—1959
AChatt Div pur money gold 4s—1951s
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12%

12%

fe 12%

17%

20%

:

23

25

16%

•

.fe

AEvternal sink fund 6s

—1960

AExternal sink fund 6s

1964

3»Ab-4t4Yb% ($ bonds of 1937)—
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,

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conversion——.—1979

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M-N

fey

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ar-N

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r

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93%

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J-IJ

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—1958

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93%
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84

•.

M-s
J-D

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Southern

SVis.,

M-N

Alabama

Power

1st

3%s

For

footnotes

mtge
see

age

171.




1967

—1972

J-J

.

...

,
.

/

y"

V

Central N Y Power 3B_

96

86

94

Central Pacific 1st ref gtd gold 4S.1949*
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;
1

90

96

83

84

21

18

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16

fe 14

>-

y

'

104%

•

1

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107

■

109

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76,

;

85

37

44%

108

109%

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>100%

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.

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7

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■

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52

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11

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108

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.

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to Aug 1 1949).

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1974*

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stamp

(
'
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,
<
>
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4s————-^—1989

•

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fe

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48%

——

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.

50

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1

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7

104%

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1

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-

18

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.

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y—-1974

94

84

■

91
107

./• V-A

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'

87

Railroad and Industrial Companin#
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Toll trust 4s of 1907
1947

•

90 %.

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:

r;.

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93%

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•

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F-A

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wli

»

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93

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—1978
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3%s extl readjustment-.1984

■

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109

87%

registered
1987'
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——1—1987 •
•

105%

102%

87%

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121

105%

14

116%

104

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120

120

124

123%

114

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fe'-'fe '

,•

.

.

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104

102

125%

120%
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103% 105%

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108%

3

105% 105%

20

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102% 103%
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72%

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114

debs..——1—1965'

61

72%

•

118

:

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1965
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85

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'

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119

64

;

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116

113% 114%

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54

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—

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1978

deb stk perpetual..

7
8

120% 121%

1956
*—.—1951

55

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feyfe':

——1940

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,
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A 7s sertex B

-' *■*."*' '

122% 122%

116% 116%
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.—1955:

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118%

115% 116

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A

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7

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60

71

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'

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1950

106

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—1974
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Calif Oregon Power 3 y«s

Canadian National gold 4%&*
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71

.

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,

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57

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48
48

—

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-1968

:

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1999

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y

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1999

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53

104

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;

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>

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58

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|ASan Paulo

65

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.

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39

;

107 Va

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10

106 Va

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it:/;

14

—I960

106%

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45

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106%

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m

—

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39%

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85

103% 105%

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52

45

1968

Stamped pursuant to Plan A
: (Int reduced to 2% )
-2012

,

45

84%

66%

8

104% 104%

'y A8s extl loan of 1921.

69

37

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104

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63
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43

.2006

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:

32%
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;

fe is fe;

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A

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103
103%

.

23

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25-

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-

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'

Alegre (City of) 8s
1961
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reduced

101% 101%

101%

30%;.

31%
19%
25

25

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it

18%

26

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—.

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89%
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-1

s A4%s assented
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11963

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71%

%

25%

26

;.25ya

*Ii%

(Int

46

26%

26
26

1958
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s

90

88%

fe:42fefefefe44'::fe

gold 6s..-.—1940

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.

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27

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98% 100

4I%".

fej

:*-

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f 6s 2d ser____1961

s

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;
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:
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ser A-1963

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97%

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:

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107%

1965.

'•102.

y

33 V4

2

31

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105V2 105%

1970

>

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103

i*104.'-':*l^v

1956

Municipal Bank extl s f 5s
Oslo (City) sink fund 4%s__

v

113

101% 103%

102 Va 102%

-1958

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4s sink fund extl loan.

'

109%

42

.mm

"XX.

—

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35

yy ■—t fe

38%

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.

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-1957

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Norway (Kingdom of) 4%s

\

/-

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AMontevideo

;

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.

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98
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,

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;

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(State)-A Sec external s f 0%s_

-1964

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^

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7-J

12%

2

11%

110

105ya

fe

100

'

—y.——1998

General, 4Si—1^95

*10%

agree
1933

assent

High

.Low

No.

.

fe v.

.

1st mtge 3%s series E

January 1

Sold
,

13

13

J-D

—

lATreasury 6s of 1913

High

Armour

Range Since

Bonds

Friday's

Bid & Asaed

Sale Price

Period

fey
'

159
'107%

103%
103

.

AAflglo-Chllean Nitrate deb—y.—..1967

New

104

107%

,21

-.1980
debr 3s

Ann Arbor, lsttgold As
& Co (111)—

BONDS

105
116%

.

.

114
fe 100%

!■

;

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Co

.

Teletype—NY 1-310

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debentures^

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,;4.

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—

,

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Telephone & Telegraph Go.-?1

3s conv

Exchange

Members New

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*-'

1

A-G

American

■

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'

A-O '

January 1
y

v,^

.

1998

PFLUGFELDER, BAMPT0N & RUST
:*

104

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NO.

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A-oA.li.*102%
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;

Securities

V^fefe'fe''•!'*'

'

'" '

•v,

Range Since

Bonds

Friday's

Bid & Asked

low

Number 4S0S

.Volume 164

THE COMMERCIAL & FINANCIAL CHRONICLE

NEW YORK BOND RECORD
«'

;/•- BONDS
York Stock Exchange

Friday»
Interest

Last

Period

New

Week's Range
or Friday's

Sale Price

Bid & -Asked

/ '

JACLlcago St Alton

RR ref 3s

~1949

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111

lnc

mtge

-*.-1997

(A Gen inc mtge 4%s___

:
i

A

Jan I 2038

series

A

mtge 4s

Gen

mtge

Chicago A
2nd

inc

lnc

conv

IChicago Rock Island
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108%

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,'

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113

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21

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99 %

31

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27

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1961
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99

99

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81

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13

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1959

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-^1975

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49

1952

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102

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1952

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due_

Essex

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division

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3s

m

1936

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J-J

——1955

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66%

—

4s

series

1978

gold 4s

i

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4%s-

73%
110%

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1968

J-J

East Tenn Va A Ga Div

1st 5s

1956

M-N

gold 5s

1995

J-D

^'1970

MS

17%:

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18
66%




age

111

Iowa

&

1st

1970

X

105%

•.•;■.•

%

_I
—,

B_1986

Inland Steel

1st mtge 3s series F—1961
flnternational Great Northern RR—
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6s

series

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5s

A—

6s

series

———x*—1952.

series A

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B

6s

96
92 y4

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1958

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1944
1947

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98

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171.

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: 58

76

,

gtd gold 48—1990

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of

deposit.

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69

69

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52

:

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r

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__

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114

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2%s
1974
Kentucky Central gold 4S-———-^1987
Kentucky A Ind Term 4%s—1961.

98 y2

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1997

105

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122

122

>

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:

72

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182

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83 JA

107%

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188

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c

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—
•

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78

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J-J

——1961

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-

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J-Jt

1961

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—

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s

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1950

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,

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/

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1963

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109%

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J-J

footnotes

106%

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—1963

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1962

cons

106

105%

.

-

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D

ser

Kansas City Southern Ry 1st 38—1950
1st mtge 4s ser A—'
.—1975

Jf-N

1937

1st

109

61%

J-D

19bl

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B_l1976

For

65

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66 3/8

J-D

Dui Miss A Iron Range Ry 3%s
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Ed El 111 (NY)

15
'

15%

M-S

1995

Tunnel

A

series

Terminal Ry 4s

•Ref 8lhk fund

67%

77

A-O

Gen A ref mtge 3 %s series G—1966;
A-ref 3s series H
1970

A

67
-

102%

102,%

-

James Frankl A Clear 1st 4s—1959

99% 104 V
57

70

A-O

Gen

A Second

ref 5s

mtge 4s

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100% 107%

;> 10

.

103

101

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—

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•

F-.4

—1968

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Detroit A Mackinac 1st lien gold 4s 1995
Detroit Term

50

70

F-A
;

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r

106

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102% 103 %
'

1956

•

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;

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58

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—

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103

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•

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a

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102%

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1951

——

97 3/„
106

106

—/■

s.'

4s

f :5s

1st

A 1st

103

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104%
108%

91%

963A

—1951

gold 4s—

A

102%

ii
66%

ri,„

A-O

1973

gold •4%s———
1936
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s

53

'

A

-1950

*

gold 3s—

.

100%

107»/a 108
96

,

106

1053/8

103% rl04 JA
'

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48%; v" \'
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104

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ina

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/

103%

—1973

—

105% 105%

fe :/

1963

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5 A 1st

,

1953-

1958
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3%s

ref

Illinois

86

47%

—

gold 4s__

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__

J-D

A-O

109

-—1955

—

lines

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:

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4-.6s

46

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108%

105%

104%

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/•

A-O

1965

1965

debs

mtge

A

Coll tr

45

104 y8

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Delaware & Hudson 4s extended

Morris

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;

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60

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——

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104 y2

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deposit rcts_L—;

ref M

67%

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76

60

60

58

107

*—

A

1st A

111% 113%

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69»/2

Springfield Div 1st gold 3%s
1951
Western Lines 1st gold 45-^——1981
Registered

% }r:

106%

i'-

—.

Delaware, Lack & West RR
N Y, Lack & Western div

94

80

91%

__1951

Louisville Div A Term gold 3%s_l953
Omaha Div 1st gold 3s
—1951
Bt. Louis Div A Term gold 3s——1951

1043/a

S*ii:&i60Z/ZZ/

7

—

series

104%

101'A

—1951

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105%

101%
104%

3

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2%s

:

4'

111

.-105% 106%

104% 1043A

:

J-D

Co

150

100 v*. 104%

A—1962

1st gold 3%8
gold 3s sterling

Purchased

108% 110
111

22

IA Cuba Northern Ry 1st 5%s.

&

140 y8

100 %

101

,1970

,

Refunding 4s—

A'1

i

'

mtge 2%s__1975

Dayton Union Ry 3V4S

103% 104

1033/4
1015/a 102 V*

i47-:'

1937

Gas 1st gold 5s
1948
Manhattan 1st 5s A—-1957
Income &s
Feb 1957

Collateral trust

27

103% 1033/4

Deere

104%

106% 107

'

_l»ys»

Collateral trust gold 4s—

111%
118

.

109%

112%
1063A 106%

J-J

B

79
,

B

1st

106%

109

J-D

ser

110 &

108 &

Extended

84%

116

—

Crucible Steel 3%s s ( debs—

A6s

*.

1108 Jg 108 ^

-

.

130

J-J

—1982

Q

•

1st ffftlii Sb
; IQSt
1st gold 3%s—..wL.^.1951

101% 102%
1013/4 1013/4

J-J

—1956

Deposit receipts
A7%s ser A deposit

134 %

J-J//
J-Jv

'

Illinois Central RR—

*104% 105%

A-O

—1956

gold

140 3A

127 %

130

Illinois Bell Telep 2%a series A.^.1981

li t

,

A-O

—1958

i

receipts

122'/♦

136 y8

137 y2

rV.

—

•109
*

F-A

—1965-

4s

1st 5s

119%

137 % 137%
129

119%

J-J

—2000

,

Continental Baking 3s debs__.

ADepofilt

105 7/a

—

J-J

&

AAdJ

■

F-A

JS

gAConsol Ry non-oonv deb 4s—1954
A Debenture 4s—...i-,1958.

ACuba RR

102%

102% 103

*102%

109%;

York—"

:

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64

118

60

J-J

'

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3s

103

J-D

Co

Hudson

93%

86%

*109% 110
*115

1948

Power

82%
58

116

'

1990

P—

ser

Corp

Hudson Coal

112

66%

'//•'

..

F-A

1077

.

debentures

ADebenture

//> 24

87%

89

J-J

Hackensack Water 1st mtge 2% 8—1976

105% 106.

1951

Consolidated Cigar Corp 3%s

Consumers

•

1977

Hoc&uig valley Ky 1st 4v»a_
ISAHousatonic Ry cons gold 5s
Household Finance Corp 2%s

—

f 3%s A—.——1961.

debentures—

107%

104

;/

J-D

.1952

mtge inc 5s series A
1st A ref 3%8 series tv;

./•

t»

debentures

88%

5A

-1973

r—

Gen

.1
107% 107%'
106% >> 106% 107

.*P77

•-

Conn Ry A L 1st A ref 4%s

3%s

80

107% 107%

■

90

79

w-

«

113%

//': 1 :v

Commonwealth. Edison Co—a

3%s

.

104

100

•

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*103

A-O

3%s

85

827/a
98

*105

112

1973

Consolidated Edison of New

—

103'A 103'A

'

.

106%

-

131

107%

110

*105% 109 %5

„

—

Af-N

s

104%

8

106%

••*70

mm'**'-

Gulf Mobile A Ohio 4s series B—1978

104% 108%:

1

gold 4S—1948
Columbus A Sou Ohio El 3y«s
1970
Columbus A Tol 1st extl 4«
iqkw

Conn Elver Power

106%

106

1976

ser

./. ADebentures ctfs

63

112

69

exti

series

106

r1-

^

N

ser

mtge 2%s:
mtge 2%s

AGreen Bay A

100

1033/4

e

>2 1

95%'

mtge 3Vas

Gen

63

42%

103%

;

•

1990
•'

inc. debs—

Gen mtge 2% s

108%

80%

Columbus

3s

A

'

Berg Co eons 8s—1949
Realty A Utilities Corp—

Gen mtge 3y8s ser O—;

100

42%

1991

f 5s

mtge

106

99 %

4:>.
am-m-'-"

-A>v,';v

■•/

»—

ir-8

—

General 4%s series D
General 4%s series E

104% 108%
110 y4 112%
105
107

"5

Colorado A Southern
R3^
/
4%s (stamped modified)
-1980

1st

1063A

■

100 V*

'

102

*95%

(

■

J-D

1974

deposit—

Great Northern Ry Co—
General 5y2s series B
L General 5s series C
—^

Gen

106 y4 loe Vz

v

.-^.-1950

1st

of

%

...

-

1073/4

107

105% 105%:
uiy» uiy«

.

^

1977

gtd

H V

ref 5s series A—

106
-

\

>

,

1st gtd 4%s
-1961
Term gtd 5%s——1972

A

A

conv

Gen

106%

-1974

1st 4s

series B gtd
1st s f 4%s series c -

J-J

*1969

106

■

*101% 103%

Line

Union

Jf-N

-1934
Certificates of deposit*
——
Goodrich (B F) Co. 1st
mtge 23/4S_1965
Grays Point T6rm 1st gtd 5s
-1947

81

28

14

1975

Bt L Div 1st coll tr gold 4s

s

*106

100 y8 100 %

ISAGa Caro A Nor 1st ext 6s

92 Ve

63':-;'

•

1952

*Ref A lmpt 4%s series E

1st

M-a

IA Georgia A Ala Ry 5s
Oct 11948
Certificates of deposit—,

" '

106%

1993

Oleve

—1971

1st mtgo 3y«s

103'A

104

101

—

349

iom

General 5s series B

Cleve Short

♦-

General

,261

jpp*

3%s

M-a

Gas A Elec of

107

,

,88>?^

General gold 4a.:....

Series D

J-J

-1953

*102%

J-J

—*

1934

.

-2000

ser

H

7

93

.

56

-1952

Cleveland Elec Ilium a* ".
Cleveland A Pittsburgh RR—
/•■/ Series C 3%s
gtd

G—

cons

101%

/■

27

107%

65%

"Afc**"/

St Louis Ry—

A M Div

cons

A4s

City Investing Co 4s. debs———1961

Cin Wab

*1990

Francisco Sugar coU trust
6s—1956

98%

1

Terminal—

cmo A

1964

F

ser

124%

124%

96%

96%

90

a

fAChoctaw Ok A Gulf cona'Ss
Cine Gas & Elec 1st mtge 2%s

cm

E

ser

2s

117% 127%

j.

v

105%

75

$8AChilds Co deb 5s part paidL—1943
SADebentures 5s part paid
1957

eleve

ser

mtge 3y8s
mtge 3y8s

ACertificates

<

gold 4s—*-.1951;

1st mtge gtd 3%s
series w
1st mtge 23/4s ser G_-

mtge 3V*s

cons

A 1st

107%' 110%

158

-1927

1st A ref 4%s series n

Union

A-O

'

95

cons

Certificates of deposit—
1—
IFlorida East Coast 1st 4%s_—1959

26%

93

82

J-J

Firestone Tire A Rub 38 deb—1981
IA Florida Cent A Peninsular
5s—1943

> 1253/4

> 118

100

<

14

105% 105%
I 99% 100
81
84 ;;

99%
>

1st mtge 3%S series
F——.^.1963
1st mtge 2%s set O'-—1963
Chic A West Indiana com 4s
1952

Cincinnati

High

83

;
.

11

21%

2013

1st

Ohio Div

/V'X

.

;

Low

-t

l

Incomr2%-4%® -------1994
Chicago Unton Station—
■*
«
:

—

1st

99%

8 " "'106

J-J

A S'eastern Ry
M .23/4-4y4S——1994

ref

125

let

•

Chicago Terre Haute
1st

Range Since
January 1

Sold

No.

■

1st
v

144

92

Stub

-

1st

144

•

gold 4%s
i960
Chicago St L A New Orleans 5s—1951
Gold
3%s—
1951

Memphis Div

*—
*112

Railroad Co—-

Geu mtge inc 4%s series A

;

88
104 Ya

99

Z

v:4>
.'.I

kno:;

;

106%

65

9

r

1989

stpd

ACertificates of deposit-.
IA Refunding gold 4s
IASeoured 4%s series A
A Conv

—1968

—

'

Erie

99%' 103%;

49

Pacific Ry—
1988

4s

Bonds

High

.

•

—

?

1001/4

4%s__Jan 1 1999

1st

mtge 3s ser B
3i AChlcago Railways 1st 5s
25% partial redemption

Friday's

Low

—1968

El Paso A S W 1st 5s
5s
stamped.;

119%

103

;

5

—1994

Ry—

or

Bid & Asked

64%

1173/4

10

Jan 1 2044

North Western

mtge

Week's Range

Last

Sale Price
,

116% 119%

9
-L

7

A Jan 1 2019

ser

B

ser

>/6;.

Hi

v

May 1966

A--—*.

ser

4%s
inc

conv

C'

1.118%

119
119%
*103% 103%

-

100

J-J

r

1968

1st & gen 6s series B

/"4%s

,

•

Af-Nr;

Chicago Ind & Sou 50-year 48
—1958' '
Chic Milw St Paul & pac RR—
<•
1st

,

J-JV

ARefunding gold 5s series B—1947
ARefunding. 4s series C—
-1947
5s

Friday

Exchange

Stock

High

54%

71

.

York

January 1
Low

jn-N k
,

-

gen

57%

New

Interest
Period

Since'

Range
»

ro.

J-J

•

1st &

Sold

RR—

IChicago- Ind & Louisville Ry—
/
ARefund^ig 6s ser A
*.——1947 " r

A

'

__

F-A

mtge 3%s. ser * '-••
>
Chicago & Erie 1st gold 5s—
*.,1982
Chicago Gt West 1st 4s series A—1988

■>

118%V; ? :118

119

F-A»:

1970

(conv)—

//lst

;

i:

J -J

u_1985

I

Bonds

High

56%

F-Ar

1977

—

mtge 2%s_

Chicago & Eastern
,AGen

A-O

;>
BONDS

•

*_1958

,1st A ref 4%s series B
,1st & ref mtge 3%s_

Low

WEEK ENDING JULY 5

FOR

RANGE

157

102 V2

102%

105%

106%

107%

107% 108%
108
108

107%

1157/a

107

lisy*

;

NEW YORK BOND RECORD
~

BONDS
New

York

Exchange

BONDS

Week's Range

Friday
Interest

Last

Period

Stock

RANGE FOR WEEK ENDING JULY 5

Sale Price

or

Bonds

Friday's

Bid & Asked

Sold

New

Range Since

York

Stock

Friday

r

Week's Range
or Friday's

Interest

Last

Period

Exchange

January I

Bale Price

Bid ft Asked

Bonds
Sold

Range Sine*
January 1

■

:r;+ ::

Lout

High

No.

Low

v ■'

High

Lautaro Nitrate Co Ltd—
a

77%

ANon-conv

deb

4s__—

ANon-conv

deb

ANon-conv

deb

deb

4s

1st ft ref sink fund 8s....

107

1970

% 107'/a

,...1954

«—,,,

deb

4s

Leh Val Harbor. Term gtd 6s
Lehigh Valley N Y 4%« ext

•95%
*95%

*

2003

98
.

—

A Debenture

'

§3%

87

80

96%

88%

96%

52%

54

51%

1st

87%

94%

.

:

65

50-50

57%

2003

c.—.—."2003

.

58 stamped modified

,

2003

48%

58

S4%

55-

55.4-.

52 V

65%

62%

6Sf
62%
73%

*63%

-i

4s

Lehigh Valley Terminal Ry est 5s_l9Bi

94

II

93%

1951
1962

*118

i.

117%

N Y

1949

"

.

■

stamped

—1949

*106% 107

106

r-v

?

107^ 107%
106
107%

2.4'

C.

>

>
«

.

Lorlllard (P) Co deb 5s—

1st ft ref M 3%s

118% 118%
105%

105% 105%

104%

106%

1968

105%

105% 105%

104%

serle? F

107%

110% 110%
101% 101%

110%

113%

2003

1st ft ref M 27/as ser G
8t Louis Div 2d gold 3s

101%

—2003

1980

fttl Knox ft Cino Div 4s.....

1981

,

Gen ft ret

119

1946

ft

Ref

Coll

A

ser

101

102%
87%
96

ISAMet West Side El

(Chic)

Central—
Jack Lans ft
Sag 3%s
1st gold 3%s
Ref

ft

Gas

1st

Alst

1979

1st

82

105

107

90%
110
112

...2047

108 % 108%

107%

112

1975

105% 105%

103% 106%

6

11

1990

95b,X

RR—

Prior lien 5s series A

15

.1962

series

94

101%

6

88

96%

1978

2

87%

98%

A___Jan 1967

38

99%

114%

5s series

Alst ft ref 5s series A.
General 4s

196%

97%

1988

A

1975

49%

49

95%

.1948

G-w--——-1978

: 96%

'

1949

1975

101%

106

1975

101%

105

ser >—1960

gtd 3%s

39

95%

96%

96%

95 V*

96%

Gas

ft

Electric Co—

88

87%
94
106-106%
loo

102%

102% 102%

102%

79% b
73

69%

.

70%

66.

b79 V

79%
73%

RU

72%

.

r

3s

series L

f, debentures
Pennsylvania RR~*?
Consol gold 4s
'b 4s sterl stpd dollar
Cons staxlng fund 4%s

74% SU.

.

89%

77

—

109%

109% 109%

109%

109% 109 %

107

1985

105%

105% 105 %
107
107

104% 107%

~

•109%
114%

4%s
5s

Gen mtge
Conv deb

f ANew England RR
A Consol gtd 4s

,

New

1st

,

5s—

RR gtd

105% 105%

103%

series

series

*104%

104% 107

May 1 1948

.

..

~

•L:-

i:y

\

A

124%

1965

B

133% 133%

1968

126%

■

5s

series

of

Alst

5s

series

Alst

;

4%s

N

Y

Central RR

—1998

imut

3%s registered
:Lake Shore coil gold

C

ser

E

Connecting RR 2%s

lien

ft

ser

3%s series E

ft

Harlem

gold 3%s
Mtge 4s series A
Mtge 4s series B

N Y Lack ft West

4%s series B

4s series A
:




series

39 **

92%

106
106
104

*

94% .95% ' fc
95% 109 Ya ' \
*96% 107
*

99%

89%
90%

i

102%

101% 114%
98 Vs

100

}

109%

J

91

89

90%

87

95

86

97%
931/*

b

-

—

'

__

102%

1951

*104% 105

82 ■%

-

104

«

|
|

106

100% 100%

100

100%;

102% 103

101% i06%

102% 102%

102%

105

*103-103%

—

1965

..

J *106 '
104% 104%

.

&

and

ref

2%s

M

ref

141

2%s—...
of

II

108

: Pittsburgh
Consolidation Coal—
Pk"3%s debentures
—
Pitts Steel 1st mtge 4%s
>
"1st mtge 4%i series B

102%

104"%

i

|
;

..

Pitts ft W V«

lst .4%8 series A

1959
1960
s
Pitts Young ft Ash 1st 4s ser A—1948
1st gen 5s series B
1962
1st gen 5s series C
—1974
;f:. tst 4%a series D
1977
b -j,Plttston Co 5% inc deb
1964
(1st mtge 4%s series B
(1st mtge 4%s series O

105%

107

Potomac El

109%

my*

108

107%

109

115

113

115%

118%
115%

117

119 %

1973
1973

*113
VK

—

117

92%

*99% 100%

60

94
83

107%

104% 105%

142%

131

135

18
17%

103%

*110

..1

•

*120

*128%

>—

■■■

107

26
21

105%

105% 106%

--

117% 122%

121

122%
...

*131%.134

,

120% 123
127% 134%
126% .135

138%

133%

133% 133%

133

137%

137% 137%

134% 142

106

105% 109

—

106

*103% 104%

90

97%

96

103%

4

i

Pwr

1st

M

100% 104%

104% 104 %

104

106

102 7/e

105%

*104%
;

__

101% 102%

101

101

101

102

101% 102%

'

1950
1968

lAProvidence Terminal 4s
1st ft ref mtge

\

3s—

1st ft ref mtge 6s
1st ft ref

mtge 8s

:

98% 102 %
98% 102 %

*_.

109

*109% 110 5/8

1972
2037

*109

2037

*245%

105"%
*163% 165
—

98%

102 %

104%
127 ;

3%s——1966

Public Bervlce El ft Gas 3%s

103% 104%

104% 104%.

1st mortgage 3%s
1977
lAProvidence Securities 4a——1987

*115

84%
106

105% 108%
104% 108
104% 107

%

105% 105%

V.i.Vr 117 b
92% »' 92%

104% 106%

104%

'■ 121

—

S

108

—

139%
135%
135%
111%
107%

108%

*105%

—

1958

110% 110%

,

106

104%

104% 104%

104%

105%

2043

125%

19% 19%
.20

•

—

1965
1950
1950

110%

2000

132%

125%

105% 105%
—

—1964

1948

2043

122% 128%

137

•106% 107
105% 105%

.

1966

1949

131%

141

ti<>e

1977.
1961
1971
1967
1974
1937

Pittsb Cokeft Chem 1st mtge 3%S.1964-

i'

92

■v

1980

Pittsburgh Cine Chi ft 8t LouisSeries E 3%s gtd gold
1949
Beriis F 4s guaranteed gold
1953
r Series G 4s guaranteed
1957
Series H cons guaranteed 4s—.1960
Series I cons 4%s_
1963
rb''-Series j cons-guaranteed 4%s—1964o;
Gen mtge 5s series A
1970
Gen mtge 5s series B
1975
Gen mtge 3%s ser E
.—1978

•

89%

*83%

—

127

98%

97%

99%

-w

1974

B

1st s f 4s
deposit
Phillips Petroleum 2%s debs

■

B—1975

N Y Gas El Lt H ft Pow
geld *8
Purchase money gold 4s

N Y

91

1986

gold 4s
3%s series D
ref

1st

1st

89

1980

1st

5s

General gold 4%s series C
Philadelphia Co coll tr 4%s
Phila Electric 1st ft ref 2%s

•85
'

1998

Dock

1st

99%

1998
.1998

F—

92

102% 103

99%

3%8——.1998

N Y
Y

.-108% 108%.
*104 •

102%

83

94%
89%

91%

1997

N

N Y Edison

111%

6

:

92%
93%
99% 100%

registered

ser

108%

96

106

91%

registered

mtge 3s

108

Marquette Ry 3%s ser D
1st gold 4s—

General

94% 108

93

1997

New York Chicago ft 8t Louis—
1st

110

5

100

3%s

Mich Cent coll gold 3%s

Ref mtge 3%s

118

15

106

107%

.

104% 106%

Phila Bait ft Wash

106

2013

impt 4%s series A

3%8

Pere

84%
90
92% 109

..2013

ft

ft

3%s

103%
127%

1

102% 102%

108%

—

*104% 104%
*85% 87
*55
,00%

—

1960

Union Ry 5%s_—1974

114%

90

—

A

Ref

•

102%

deposit.

series

91%

107

1956

N Y Cent ft Hud River

90

..

y: 105%
S *--

..

1954

Ref

5s

Vc

i..

deposit

series

*86

*..

D

of

'

"

deposit

of

4s

I

u-

1956

of

ext

—...—Apr 1990

ACertificates

deposit———

5%s aeries A

ACertificates

Peoria ft Pekin

4s

IfAPhilippine Ry

1954

of

series

ACertificates

105%

ft Eastern 4s

A Income

107'/b

—

C

ACertificates

Ibp Alst

deposit

B

ACertificates

.

Peoria

107%

ft Mexico Ry—
5s series A
193B

,

Peoples Gas L ft c ref 5s.——.1947

110

as

/^Certificates
Alst

106%
110%

105%

1st ref ft imp 4%s
1952
New Orleans Term 1st gtd 4s—.1953

8 A Nori-cum inc

1952

107%

1986

126% 127 •
127% 127%
107
107%
104% 104%

1984

3%s

97%

N O ft N E

INew Orleans Te?

4%s series E

125%

New Jersey P ft L 1st
mtge 3s—-.1974
New Orleans Great Nor 5s A
1983

127%
123% 124%
127

1960

Gen mtge 3%s ser F—.1980

110%

—

104% 107%
105%

104% 105%

106%
;

105%

118

*127

125%

111% 113%
102% 103%

*104% 105 V*

>

99%

98%
98%
110% 111

1952

111

113

1948

107%

101% 101%

.1961

107

109% 111

__

104

110%

*..111

.—1945

1st 4s

103%

*106%

1945

gtd 5s
....

England Tel ft Tel 5s A
gtd 4%s series B

N J Junction

,

103% 104%

1948

111

106% 106%
104% 104%

1965

—

General

cons

107

114% 116

1952

s

General

Newark Consol Gas

108% 109%
106% 109%
107% 110%
107% 110%
107% 111%

1979

General 4%s series D.—.1981

National Dairy Products 2%s
debs.1970
National Steel 1st mtge 3s
1965
fANa^gatuck RR 1st gold 4s
1954,

....

108%

108% 108%
109
109

1977

.

'

83%-

106%

; V-

.

M 3s

Pennsylvania Glass Sand 3%s
1960
Pennsylvania Power ft Light Co.—
1st mtge 3s
1975

103%

1955

...

88

102%

Constr M 4%* series B—..—..1955
Mutual Fuel Gas 1st gtd 6a
....,.1947

ref

*108

—

1971

Gtd 4s series E trust ctfs

102 % 102%
"

1974

ft

*108%

1970

Pennsylvania Co—

*105%:

70-

1960

Pennsylvania-Central Airlines—
3%s conv inc debs..—————.I960

102%

2000

Constr M 58 Berles A—

;96%

96%

1981

...

Moh'k ft Malone 1st gtd
gold 4s—1991
Monongahela Ry 3%s series B
1966
Montreal Tramways 5s ext
1951
Morrell (John) ft Co 3s debs
1958

104% 107%

Paducah ft 111 1st s f gold 4%s
1955
Paterson ft Passaic G ft E cons Bs.1949

37%

1980

Alst ft tef 5s series I

95%

22 ^
29
105% 108%

—1974

1st ft ref M 3s series M
1st ft ref mtge 3s ser N
Pacific Tel ft Tel 2%s debs

96%

gold 5%s

1st

4s

1st mtge 3s
2%8

1st ft ref mtge 3%s series I
1st ft ref mtge 3s series J
1st ft ref M 3s series K

50

96%

Alst ft ref gold 5s series
H

Essex

guaranteed

mtge.

Pacific

97%

1977

Alst ft ref 5s series F
Alst ft ref 5s series

Morris ft

106%

1st

D

IMlssourl Pacific RR Co—

AConv

105%

102%

106% 108%

101% 106%
70%
84.
95%, lQl*f

_..._.-1962

49-year 4s series B—
ACum adjust

102%

1978

1964

Oregon-Washington RR 3s

,

4%s

1974

Oklahoma Gas ft Electric 2%s.

1940

Mo Kansas ft Texas 1st
4s

lien

86

SOgdensburg ft Lake Champlaln Ry—

Minn St Paul ft Sault Ste
Marie—
Alst mtge 4%s inc ser A
Jan 1971
AGen mtge 4s inc ser A
Jan 1991

Prior

115% 127%
122%
84%
94%

113%

89%

States Power Co—

Ohio Edison

mtge 3%s_1969

Missouri-Kansas-Texas

117

88%

28%

23%

*100%

1952

I § A Midland of N J 1st ext
5s

-

;

101% 103%

1951

impt 4%s series C

Michigan Cons

143

143%

108%

105%

4s__1938

Michigan

117% 118%
*113

135%
138%

131% 133%

75

75

Metropolitan Edison 1st mtge 2%s.l974
Metrop Wat Sew ft Drain 5%s
1950

137% 13* $
*130% 133

71

86%

1st mtge 2%s
1st mtge 2%s
(Wise) 1st mtge 3%s

89%

82

1960

57

107% 108%

4%s

|

100% 103%

108% 108%

(Minn)
4%s

mtge ft coll 4s ser B
.1954
Manati Sugar 4s sink fund
Feb 11957
AManlla RR (Southern
Lines) 4s
1959

49-r109%

2047

impt 4%s series A

trust

42

32%
100

_2047

ft

Northern

1st

108

4%s serlesA.—.1974

impt 5s series C
Ref ft impt 5s series D.

Maine Central RR

32%

..1966
J

-,

Ref

;

75

v

Northern Paclflo Ry prior lien 4s—1997
4s registered..
,4.1997
Gen lien ry ft Id gold 3s
Jan 2047
3s registered
2047

^

106

116

96

1974

{

105

102%

117%

*__

100

104

-104

-

—

56

Norfolk ft Western Ry 1st
gold 4s_1996
North Central gen ft ref 5s

118% 120

1963

1951

........

3s debentures
Louisville Gas ft EJec 3%s
Louisville ft Nashville RR—-

39%

iMfl

mtge 4%a series A,.........1998
AGen mtge 5s eonv Inc....... .,..,',2014

.

.

.

1943

v

90%

1 ;

1937
-

.

'107%

58

1st

107%

:

84%

104% 108%

105

—1937

gold 4%s
&; § A General gold
A Terminal 1st
gold 5s
IIAN Y West ft Bost 1st 4%s
Niagara Falls Power 3%s
Norfolk Southern Ry Co—

*

*106% 107

\

—

Guaranteed ref gold 4s___—I—1949

Susq & w 1st ref 5s

IA2d

f

"

Long Island unified 4«_

21%
9%

*

94%

132

117% 117%

i
1
26% U
15% :*'i
102% 106% ;■!

108% 111

ft Putnam 1st cons
gtd 4s
1993
N Y Queens El Lt ft Pow
3%s
1968
N Y Steam Corp 1st 3%e—„ 1963

i

;

136%
120%

83%

94%

#132

1968

1954

IAN Y Ont ft West ref 4s—June 1993
A General 4s
1958
N Y Power ft Light 1st mtge 2%s_1975

15AN Y
Lex ft Eastern 1st
50-yr 5s gtd
Uggett & Myers Tobacco 5s
Little Miami gen 4s series A

1957

.

i

60

57%

——2003
-

4s

?

^

stamped modified
4s registered..,—
4%s stamped modified
C !
4%s registered

1954

A 1st ft ret 4%s series of 1927—1967
IA Harlem River & Port Chester—

v

86

86%
96%

3%s

Debenture certificates 3%s.—1950
AConv deb 6s
.1948
i A Collateral trust 6s
1940

96

96

1954

48

4s

High

1947

a

*100%

..

1950

V-v

fc

lot*

1950

..

1964

—.1964
1974
1974

1st ft ref sink- fund fis——
5s stamped

Lehigh Valley RR—

*100

.-w^.1984

1st ft ref sink fund 5s—
5s stamped—r_.

'

NO.

1958

ANon-conv

66

1975

Lehigh: Valley Coal Go—

)

'■

3%r-

104% 107%

ANon-conv

mtge Income reg
Lehigh Coal ft Navigation Co.—
S F mtge 3%s ser A__

stamped-

High

|N 7 New Haven ft Hartford RR—

1st

5s

Lout

105%

127

t

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4S0S

Volume 164

NEW YORK BOND RECORD
RANGE

.BONDS
New

York

Stock

Friday

.->,1

Interest

Exchange

Last

.

Period

FOR

WEEK

JULY 5

ENDING

V BONDS

Week's Range
'

or

Bonds

Friday's

Bid & Asked

Sale Price

Low

J

;

New

Range Since
January 1

Sold

High

Low

"

Friday
Interest

Exchange

Stock

York

Period

Week's Range

Last

Friday's

or

Sale Price

Range Since
January 1

Sold

High

Ho.

Low

High

2019
1989
1959

129%

137%

103

105%

19Q»

105 %

108

High

Quaker Oats 2%s deb.

Bonds

Bid & Asked
Low

Terminal RR Assn of St Louis—
Ref & Imp M

4s ser C
2%s series D

Ref & Imp

Texas Corp 3s deb
.debentures

as

&

Texas

Orleans

New

109

106

RRr—

1st

& ref

M

3 Vis

ser

B

1970

101%

1027/a

1st

&

M

3%s

ser

C

1990

A 99J/a

100 %
152%

ref

Texas & Pacific

•109% 110%

60%

V'

103%'

Trenton Gas 4t Elec 1st gold 6s

Tri-Continental Corp

Electric

Union
106

:

101

/ 102%

107

95

-vlsb. M

••

73%
73

60%

78%

United

2%s

Biscuit

debs

77%

U S Rubber 2%s debs.

52%

Universal Pictures 3%s debs

40%

93

90%

114%

54%

106%

129%

132%

122

61%
61

54

106%

122%

123

109

115

114

114%

109

109%

*99

100

5s

cons

104

103%

•120

1958

60%

69

80%

69

81%

69

81%

105

106% 113

Wabash RR Co—

1st

Baking Co 5%s
(subordinated)

gold 3%s__2000
Washington Central Ry 1st 4s
1948
Washington Terminal 2%s ser A
1970
Westchester Ltg 5s stpd gtd
1950

25%
108

99%

109

108

104
102

109% 110'A

104%
105

Registered

110%

105

107

j'-fc

^Certificates

•

"I

104

106 Va

108

103

3

109%

103%

105

105

91

81

108%

15

105%

117% 123

^*120

145

116

108% 108%

123%
120'A 128
126% 135%
107% 109%

105 Va 106

103

Wisconsin Public Service

3%s

90

83%

.

1949

•84% V 87%

of

deposit—.
lASu & Du div & term 1st 4s___1930
A Certificates of
deposit
Wisconsin Elec Power 3%s
...1968

104'A 109

37%

.

A 36%

81

105% 108 Va
109
110

*109% 110

1971

56

107%

105

54 %

34
20

4*

; V1

f A Wisconsin Central 1st 4s_

:97

133

107'/a

101% 103%
86
94%

ft
:

*—
102%
•106V8 106%

1970
1958
1980

1st 4s__.

M

109

109

97
109
95% 108
95% 108%

35
95
67

102'A

96

51

84%

117.%
107 %

6
»
*

,

*102'/a 102%;
87
88%
83% 84Va

88

1992

Wheeling Steel 3% series C
Wilson & Co 1st mortgage 3s

92^93%

*106

105 Va

115%

'A

104
105
103% 103%
105
105'A

105

105 %

2361
1949

—

Wheeling & Lake Erie RR 4s
Gen & ref M 2%s series A

Winston-Salem S B
97%

5

^

A

112

•103%

104 %
104

102%

107%
109% 110
113%

—

•

106%

10
19

106

106
•

.113%

1951
2361

1st 4s guaranteed

West Shore

103

105% 105%

.

•'

59%
102 Va

--

-

Westinghouse El & Mfg 2y0s

108%

105% 106

—

110%
68%

106

*

—

:

series I
1966
Maryland 1st 4s
1952
Western Pacific 4 %s inc ser A
2014
Western Union Telegraph Cc—
Funding & real estate 4%s
1950
25-year gold 5s
1951
30-year 5s
——1960

114%

102%

23

115% 115 %

Western

112%

104

'•

•lOlVa
103

West Penn Power 3%s

100%

113

A

>'

93

9
.

102
99
106%

92%

--

107% 107%
•59% 63

—

..pen mtge 3 %s——.1967

/'•-'J:.-.-'i.

,;,'f

,

95

105% 105%

—

107%

iQ7ft

T

,

Warren RR 1st ref gtd

90%

105

94%

debs

Ward

99% 101%
19

,

A Gen

107

80

mtge 4s inc ser A
Jan 1981
mtge inc 4%s ser B—Jan 1991
mtge 3'As ser B
1971

A Gen

101% 110

51

106%
67%

j

104%

107%

105

107%

104 Va

106'/a

104

—

103%

noo

125%

53

*104%

101%

104%

129%

55

105% 106

"

Virginian Ry 3s ser BMMmmM.1995

127%

120

118

*105% 106'/a

99%

102%

104% 104%

—

Va Iron Coal & Coke
1st

126

100% 101%
i 104 i: 104

101%

1976
—1959

.

Virginia Electric & Power Co—
1st & ref mtge 2%s ser E
1975
1st gold 58—1949
Va & Southwest 1st gtd 5s—.
2003

63%

105%

126

103%

Vandalia RR cons g 4s series A—1989
Cons s f 4a series B
1957

105

114%

126% 128

107%
99%
103%

.103% 103%

.

„

100

86

122

98 %'

120

93

133% 133%
107 Va 108'A

104%

105%

52%

112%

*121

102%

.

—

1966

41%

105

103% 103%

102% 10233
^.106% 106%
98%
98% 99%

'A

56%

34

104%

105%

<

& land

56%

107

,

102%

103%

Pacific RR—

112%

104
A 34

no3%

•

1970

1st

109%

♦110% 112%

103

—

grant 4s——...—1047
27/as debentures
1976
Ref mtge 2%s series C
1991

Union

110

;

102% 103

34%'

1967

2%s debentures

99% 102%

106%

;

104%

103
110

A'j5105.

■

1943

Union Oil of Calif 3s debs

98

61

1971

82%

51%

T02%1Q2%

...

coll tr 2 %$.——-——1975

&

88% 104

102% 104

73% t ; 73% 74 %
r»103% 105 %
A.. ;*109% —A :

27/as debs—1961

of Mo 3%s

Co

•

105%

1027/e

•103%

—

1940

fSAUnion Elev Ry (Chic) 5s

97% 100%

*104%

102% 106,

1985

Tenn RR of New Orl 3%s~1974

Third Ave Ry 1st ref 4s
i960
AAclJ income 5«
Jan 1960
Tol & Ohio Gent ref k lmpt 3%a..l960

•108%

106

142 y«

2000

Texas Pacific-Missouri—
Pac

59

ref

&

Gen

•125%

1st gold 5s
M 3%s ser E

106

NEW YORK CURB EXCHANGE
WEEKLY

AND

YEARLY

RECORD

NOTICE—Cash and deferred delivery sales are. disregarded In the week's range unless
they are the only transactions of the week, and when
In a footnote in the week in which they occur.
No account is taken of such sales in

_

selling outside the tegular

weekly range are show*

computing the range for the year.

In the

following extensive list

furnish a complete record of the transactions on the New York Curb Exchange for the week beginning on Saturday
Friday (July 5).
It is compiled from the daily reports of the Curb Exchange itself, and is intended to include every
security, whether stock or bond, in which any dealings have occurred during the current year,
June

29

and

ending

;V:':•'

-V

the

we

present

'

'

RANGE FOR WEEK ENDING JULY 5

_

STOCKS

Friday

New York Curb Exchange

Week's V
Sales
'Range
for Week

Last

Sale Price

of Prices
n

Per
ACP-Brill. Motors - warrants..—
Acme

Aluminum

—.U,''

Alloys—k—

Aero

Co

i

£
;

-..-9

—

1

Investors

Convertible

common

-

High

Low

8%

•

"

200
400

25'A Jun

5%

200

6%

6%

2,400

5%

5% Jan;

8.

convertible

5- L—

3

17%

800

16% Jan

18

500

15

' -5-%:

__

—10

preferred-.
Electric Appliance.

Jan

Aluminum

Goods

7% Feb

Aluminum

Industries

;

6%

5%

■

100

• ■

i

21 '

Apr

23%

>

Feb

Jan

5% Feb

•'

•

6%

Ltd

5% Feb

American

i,

21%

—

Book

14%

15%

600

Convertible

7%

* 7%

100

Class

4,300

American

Mfg

Power

:

400

150
200

69

69

15Va

54%

Great

Alabama
.'

Power 4.20%

•

Southern——
pfd

Alaska

Airlines

aijcs &

Fisher common

Inc

:

—;

A

A_.

!
:

——

Allied Int'l Investing $3 conv pfd.
Allied Products (Mich) common..
For

footnotes

see

page




176,

Jan

American

Cyanamld Co common

110% May
12
May

American

&

133%

16
48

29 1

«

Jan

'May

,

Fork

American

Jun

Gas

-

V.-'

4% %

:

Foreign Power warrants.

American

&
&

Hoe

common

Electric

1

preferred

4%%'pfd

called

5 50
200

54%

-

Jan
V 85%
118
Apr
121
22% July
•
25%
: 20% Jun : 5
' 26
"'
116% Jan
206%
110
Feb
114%
4% Apr
5%
55 f 57
Mar
' 5-76
v. - 14'A Jun
22»A

r

-

& Light—

;

class

400

196%

5_1<

50%

Mar

July

Feb
Feb
Jan
May
May
May
Apr

Jan

50% Jan

-

-

10

•

55

Apr

47% Jan

52

Jun

7% Jan
47% Jan
-1% Jan

100

250
900
57% 59%
-2,700
•2%
2%
4,400
24% 25%- • 300
43'A
44'/2 '-- 1,500
110%.111'AVcv
» 50
109 tt 1097/a:ir-:
250
50-

9Va

Alabama

300
100

*

22%
21%

15

1(

Co

Cities

15

4,400 5>-v 63%

85%

1

High

Low

112%112%
4%
47/a

195

—1

:.5v

Range Since January
13% Mar

22%

-

common

..r ;

Shares

High

114% 115

common

Central

American

__

11%

7%

Mfg

preferred...—

__

'

Range

83

—

1

—

American Beverage common

11%

12

-

preferred

Aluminium

17%
17%

—

—50C

Air-Way

Aluminum Co common

Jun

Jan

13%
v

Sales
for Week

Week's
of Prices

Altorfer Bros Co cominorC————•

22

30%

Jan

"

Low

11% Feb

19% July

30

5%
5

20%'
25%

;

Last

Sale Price

High

*7% Apr

19%
.

Friday

stocks
Exchange

{

Range Since January 1

25%

6%

10

preferred——*

Alreon Mfg Corp
60c

•

New York Curb

Shares.v

'

Ainsworth Mfg common—*.—..—8
Air Associates Ino (N J)
Air

8

-

—

19%
—

Supply Mfg class B

vil/-'.
'

^

—

■■

1
lb

Acme V;ire Co common..—

A D P

Low

v

•

11% Apr
63% May
5% Jan

21V. Mar
x40% Feb

*

•

-

s'

29

Jun

49% Apr
V ' 313
Jan
109% Jun >,
109% July

109% Jun

Jttii1;

CHRONICLE

THE COMKERCXAi; & FINANCIAL

Monday, July 8,.1946

J!!-': -1"

J*!./"':.

f:.

NEW YORK CURB EXCHANGE
''

TOCKS

y Last .
Sale Price

.-.•■v

American

Laundry Macb
American Light & Trac common
6%
preferredAmerican

Mfg

Co

STOCKS

2,000

50%

350

8eal-Kap common
Superpower Corp com

~4%

•

48

$6 series preferred
American Thread 5%

47%

.

common

*5%

—_•

Appalachian Elec Pwr 4%%
Argus Inc. -w——

pfd

.1

non-voting—

-

110

111%

13%

1,400

10%

6%

600

-

-—

7

6%

6%

10%

s*

2,000
60

48 %

15%

Birm & Coast RR Co
Coast Fisheries

Atlantic

12%

12%

*2%

Club

Jan

Jun

115%

Feb

Jun

27%

Jan

Atlas

Plywood

23%

1,000

19%

13%

2,300

10% Mar

14% May

12% May

Automatic

~2% "5%
—

..

ii

-——1

—50

2,000'

8

Products

8%

—1

—

8%

3%

34%

34%

*

14%

11%

May

16%
91

13%

36

1,000

24

Jan

Apr

14

14%

2,000

13

21%

100

17

M.—

Voting Machine
Avery (B F) & Sons common...

—••

10 %

8% Mar

6% preferred..

— —

Ayrshire Collieries Corp.

—

—

—

—

—

Feb

28

26% Jan

41

25%

Fuel

Baldwin
Banco

Rubber

de

—,.^,,.—30
Co

common—1

500

55%

42%

100

41 %

Apr

500

15%

Jan

20

shares—

Barium

Steel

Barlow

St

Corp

Seelig

——1

10

10

11

8%

9,400

15

21%
9%

21%
9%

8% Jan

12

Beau

Brummel

Ties.

25

14

Jan

28

36

22

Apr

1

30

30%

6%

Benson

May
'Jan

23

36%

Berkey & Gay Furniture——!

41/4

Ridge Corp common.—

Blumenthal

(S)

&

Co.——

—*
Bohack (H C) Co
common—.—*
^
/ 1.%,; 1st preferred——
—.100

10,500
100

12

5%

5%

56

56

56

55

34%

34%

36%

65

45

65

39

Mfg Co

25%
4%

31

1%

500

10%

common

American Oil Co
American

Am

British

Celanese

Amer

B

13%

(EL)

Bruok

Silk

1

—5
-•

Sullivan

2.50

Burma

Corp Am dep rets
*.
Burry Biscuit Corp
———12 %0
Butler (P H) common
25c

common

v

&

Wireless—

Callite

-

dep rets 5% pfd—
Sugar Estate—;
Electric

Tungsten

Power—

Fire

Canada

Bread

§
———•
common

6%%

preferred •
Canadian Industrial Alconoi—
Class

A

Class B

1

1

Co; Ltd
Ltd

51
10

Insurance

Canadai Cement Co

15

5% May

800

—

■"

12

"■&.%-

2%
——

Capital

Jan

100

Jan

8%
41

% Mar

13 ii Mar

26%

J/4

22,300

9%

2,000

•

400

2 ~

.

Jun

Jun

7% Mar

.1 Y, Z Juil

4 % Fei* „' /

Jan

90

Jan

St Jan

Apr

Jan

Feb

3%

28%

173/4 Jan

88%

5

Jan

Jan
16% Feb

49

I

Jun
Jan

24%
91

Jan

116

116%

110

115

108

112,

Jan
Feb

10%

10%

10%

1,100

Apr
Apr
9V4 Jan

118%

130

89

89

92

750

71% Jan

x93%

32%

32%

33

200

22

Jan

100

4

May

34

Jan

Corp

4%
39

•

700

90

4%

82

100

39

5o

1%

"

72%

*

26

——•

common

—50

5

11%

6%
47

26

33
43

14%

Apr

20

100

Jan

Feb
Feb

May
Feb

83

Jun

26% July
7% Jan
110

Jan

Apr
Jan

5%

4,400

4% Jan

38%

39%

225

36% May

43

9% Jun

11

Jan

37

37%

4,100

24"% Mar

38

May

6%

Jan
\

dep receipts

(ord reg)—.£1

Petroleum

37%

0

Co

Cent

Cork International

,

3

3%

15%

20

.—5

"~9%

9%

21%

21%

29%

(Md)

10%

9

36

100

250

18% Jan

4%

6%

3%

31%

120

31

24

Jan

10%
36

6%

Jun

60

July

29%

4,800

106% 107

Apr
23% May
10% May

27% July

400

36

30

-

106%

14% Feb
7% Mar

6,800
1,350

35

31

30%

Sugar.

preferred i—,—

4,200

9%

36%

Jun

108

105% May

60

Feb

21%

13

900

22

4

5%

Jan

800
-

10%

27%

2% Mar

11,400

16%

19

A——*

Petrol

Tobacco

Jun
Apr

3% Feb

Jan
July

5% Mar

400

Jan

17% May

1% July
31

300

106% 107

1

preferred

39

Mar

26

400
»

12%

25 %

350

26%
5%

-

5%

——1

Feb

9% Jan
Jan

3,100
1,600

77

Si

Petroleum

Jun

May

3

108% 109 %

15%

Lighting

Feb

Apr

37% Mar

100

29%

convertible

Jun
Jun

Apr
Apr
Feb

May

26

10.1

25

10

10

100

Feb

50

8% Jan
15% May

13%

17

20

Feb

79%

79%

25

50

Jan

87

May

37

37

50

36% May

26

Inc common

Mar

May

17

26

common—...

(Mo)—

37

Gasket

St

Mfg

2,000

12 J/8

,*
—1

—

19%

38% Jan

12%

Co

Distillers

Co

:

^

%May

5%

—1
I
Domestic industries class A com——1
•
Dominion Bridge Co Ltd—
•
Dominion Steel St Coal B
29
Dominion Tar St Chem Co Ltd——•

"T-'nV'i?

24%

25%
17 »/4

200

26

26

26%

j
f.
I

25

Jan

Am

dep rets ord reg
Hosiery class B

Durham

28%

common

17%

700

21% May
20% Mar

>■

23

23

•vri%

24

15%

16%

15

2,500

5»/2

5%

3,800

18%

19%

18%';-!

2,500

83%

Mar

54

Mar

98% Jan
8%.Ma*,
Feb

16

*

6%, Jan

14% Jan

.■*

6

•

common

::

'»>*

45

Jun

Carolina P & L $5 pfd-.
(J W) Co com.,

Jan

33
/ 68

Jun

122

;

Apr
Jun

14% Apr
36% Jun

Products—.

(A MX St Co

51
t;

Apr
22% July

6%

preferred—
Sastern Malleable, Iron

:M

164% May
4% Jan

4 % % prior, preferred—
■■

100
100

6

v ;

t

81 '

82

$6

$5 preferred
Easy Washing Machine B:—
Economy Grocery Stores
$3.50

common,,

pfd formerly: $5.

$4.20 pfd. formerly $6.

4%

i. 96

400.

96%

-

.

50,

88 !:

89 J/2 Z

350

50%

52 J/8

750

'

13%

■—...*
—*
.,..,.!

Feb

65

37% Mar

preferred series A.
preferred series B.

Bond St Share

97% Jan

;,

,.—,.00

Sastern Sugar Associate*-?-

Electric

-8v,:'"jran

125.:',;

84 J/4

4

(7

8oq

'6% 1

103% 104!.

■

,

8%

Jan

83

.

23%

23%

24%

71%
71%

71%

72%

71%

73%

1,400

-

3% May
69

68;

.

Mar
Mar

Apr
Feb

.'<41 % May
21% May

Jun
11% Mar

*"**

Feb

Apr

22%

38%

1;'.!

Tr:i

Cast Gas & Fuel Assoc
r'

Jun

24%
28%

>

17% Apr

May

!

Jun
5% Jan

Duro Test Corp common—.—.!
Duval Texas Sulphur-—

100

29"%

Jan

600

Jun

12% Mar
17% July

Jun
17% July

10
——•
,y
'm

—

Dunlop Rubber Co Ltd—
i

17% May
39% May

10%

*

Duke Power Co

Jan

Jan
Jan

23% May

1,000

17 »/4

il'iVmii.1

,

Jan

7% Feb

4%

2,700

Dobeckmun Co common

Driver Harris Co

Jun

Apr

8%

1,400

13%

■

li'/s

Feb

5%
Xl3'/a

24%

;

£1
——I

dep rets ord reg—
Divco Corp common—

Draper' Corp

35

'

Am

I.

13% May
21%

Jan

31% Mar

5%

13%

,

1

Ltd—

Jun
Jun
May

20%

Class B—

Diana Stores Corp

180

11

900

17 J/4

8
—J*

common.

21

Feb
Feb

23% Jan

,,,1

preferred.—..

Jan

13

20

1

38% Mar
20%

13% Jan
145

,

preferred

16%

100

19

19

Mfg class A common——0
debenture.....———100

7%

13%

8'A July
23
May

34




48

Jan

109%

14%

Atlantic

Jan

Jan

116%

277/8

Devoe & Raynolds

5

24% May

176.

12%

1

St

De Vilbiss

e%May—-

• ■

,

page

3

—.—106

6%

3% May
;; 8%: Feb4-;
10% Jan

A

see

•

Derby Oil St Ref Corp

3%Mar —a,

City Products..

For footnotes

97

200

-

3%

::;4;■>. Feb

25 %

Corp of America..

Jan

50% July

100

Utilities

Co

Detroit

19% May

15

6%
43

Apr
July

.100

Inc

8%

12% Jan

•

Carter
Castle

180

—-1

16%

Jun

8%

Carnation Co- common

Catalln

Co

Dennison

25% Jun
15% Jan

18% Mar

2

Apr
Apr

7% May
38% May

1,300

38

3

Davenport Hosiery Mills.
Dayton Rubber Mfg class A conv—.35

Feb

2,100

8%

:

40

99% 100%

1

14% Jun
50
May

1,700

1

38%

25%
17%

4% Jun

14,700

May

102%

Jan
Mar

Class B

Casca

Southern

Detroit Gray Iron Foundry..,
Detroit Mich Stove Co common

_

class

20

Jan

July

7%
14-

Detroit Steel Products—10

voting
voting...

St Co

:

1%

4% Jan

Canadian Marconi

Carman

Jan

7% Jan

non

preferred

1,400

Fdy St Machine Co—.—1

Curtis

Jun

31

Canadian Industries Ltd—

7%-

8%

7%

17 ! Jun
33
Jan

2

16 J/4

50

76% May

700

25%

16

26

400

Apr

100

14%

1,000

50%

•4%

Jan

12%

14%

29%

50

28

49%

24%

1,000

28

44

16

14%
—i.

4%

"

800
'r~

11:1

9%

500

200
;

Apr

16%

y

Corp

Camden

60e

.-50fl

American

California

69%

Jun

105

250

Dominion ,Textil» Co. Titol.. .ii

\<Cable Electric Products
Voting trust certificates
Calamba

30%

66

—•

Buckeye Pipe Line
&

30%

50

Jan

44%

Cuban

21% Jun

1,600

——*

common

Co common
Mills Ltd

Hill

13%

30%
1

$5 prior preferred—
Brown Rubber Co

Cables

6%

Mar

1,700

24% Jan

25% Jan
3% Mar

Brown Forman Distillers

Bunker

5%

.100

Brown Fence & wire common.
Class A preferred

Bruce

36

25

20% Jun

Power class

38

Feb

20% May

.......

450

50

16

100

Steel

Ii
fi
V

;

■i
U

r

\l
:

r

Feb

Mar

Jun

12%

Ltd—

Columbia

Class

Feb

23% Apr

dep rets ord reg

British

9
20

14

42

5%

Jan

200

14%

warrants..

Arms

Gas

Curtis Mfg Co

Feb

Tobacco-

dep rects ord bearer
dep rets ord reg

32

Electric—

Biscuit

Brewing

Jun
Jun

12% Apr
24% Apr

Feb

33

British

31

7% Mar
20%

A.¬

British
Am

Feb

Jan

July
6'A May

10,500

12%

Cuban

5%

11

14

Crystal Oil Refining common
$6 preferred

31% Apr

Jun

14% Mar

14

Crown Drug Co common————25c
"% convertible preferred———.20

27% Jan
31% Feb

4%

41%
161VA

25

41

Jan

Jun

21% Jan

14

Crown

Jan

Mar

1,400

1,800

Feb
Feb

155
Jun
21% JUn
15'/a May

—•

Crown

Feb

19

600

4%

Bridgeport Ga6 Light Co
Bridgeport Oil Co

21

25%

Co

Crosley Motors Inc
— <i»-■■■■*
Crowley Milner St Co——-———1

Jan

21

2oy4

,,

7

15%

48%

.—7.50

Iron

I

it j
Feb m

Jan

400

•

,

Corp common.—
Brewster Aeronautical—

Jun

4

184% May

60

series B preferred

American

May

65

i

15% Jun

200

•

Creole

150Jen

Jan

^19

!

Courtaulds Ltd—

70% May

Mar

6%
15'/8

49

preferred series C

S%

39% Jan

'Feb

14

25%

6%

Reynolds.—
$6 preferred A

Jun

56%

13%
25

15 "/a

common

New common

Jan

6%

Feb

135

Breeze

Class

16%
49

25% Jan

Borne Sorymser Co—28
yBourjois Inc
—*

Brillo

; Apr
Jan

13%

1,500

250

Cosden

!

1

s m

Jan

*

18 J/4

25%

Jan

24 %

140

140
18

—

&

Textile

May

13% Feb

24%

Cor/oon

'

26%

1,250

preferred

Croft
6

Jan

5% Jun

,

Brazilian Traction Lgt St Pwr

40%

4% Jun
19%
30

5%

optional convertible preferred—*

4%
23%

Jun

9,800

•

2,100

9% Feb
194'v May
34% Jan

36% July

40

37

23%

Bickfords Inc common
——1
Birdsboro Steel Fdy & Mach Co
com—*
Blauner's common
*
$3

6

St

Hedges common
*
Convertible preferred——---•

Blue

21% Jan

6%

165

1

Canada..—,———100

41

150

38,300

Coro

39"% Apr
33 % May

Beck (AS) Shoe
Corp
Bellanca Aircraft common
Bell Tel of

38%

157% 159%

;

Cook Paint & Varnish Co

"May

25

38%

—I—*

Inc.—
&

Jan

88

14% Apr
2% Jan

150

-/if

-May

34

Jun

Feb

.

750

,

4%

Feb

32

—2.50

Beaunlt Mills Inc

"

f

Jan

Feb

28%

10%

20% Mar
73% May

4,100

,

?

Copper Range Co.,.
Cornucopia Gold Mines

21% July

19% Feb
17

■

I

2%

%

Feb

Mfg—

$1.20 convertible A common.
Basic Refractories Inc.—.
.Bauman (L) common...

2 »/4

168 J/4 170

4%

Continental

Mar

Jan

$

37%

Consol
12

18

2%
170

1

Consolidated

Jan

July

10

__

_

17

17%

...100

Consolidated Mining St 8melt Ltd—0
Consolidated Retail Stores—
1
Consolidated Royalty Oil——
—10

los Andes-

American

50

22

'■?

—4

Consol GEL P Bait common

42% Feb

16%

77

25

Consolidated

May

16

77

warrants—

$3

May

42%
16

25

'

■

V t c extended to 1946.
—1
Conn Gas & Coke Secur common
•

Jan

Apr

63

39% Feb

27%

29

16% Mar

30(|

to

Co

Commonwealth

Consolidated

54

—

27%

77

10

Community Public Service
Community Water Service
Compo Shoe Machinery—

B

preferred!

—

—..5

Illuminating

Fire

Patent

4 Vo

7%'

Ju

6% Jan
16% Jan

*

preference

4%%

Babcock & Wilcox Co..
Baldwin Locomotive—

1-

r

!

25%

Products

Plow

Mills

8%

22% Jan

Feb

26%

Development ordinary.,

Colt's

38% May
18% Jan

25'/a

2,400

Corp

Columbia Gas &

Apr

78

7 J/4

Utensil—

Changed

Colorado

Jan

Jan

10% Jun.

Coal

Colonial

Jan

Mar

8

1,200

—

6%

„

—10

;

Colonial-' Airlines

Jan

8,200

11%

21%

—

52% May

6%

Co.

Aluminum

Colon

Feb

10%

Automatic
>

Jan

2% Apr

—

—

—

Corp

53% May

Jan

-

'

Electric

Cockshutt

pfd—100

Atlantic Coast Line Co
Atlas Corp warrants

Jan

36

158%

Aluminum

Name

8% Apr
11

10% Mar
111%

Club

Jun

8

10%

22

American dep rects
reg

Associated Tel St Tel class A————

Jan

37

25

Neon

Clinchfield

Associated Electric Industries—

Atlanta

106!

20

46

0

Mach^———

Controller

Cleveland

Jun

'

Associated Laundries of America.

30

49

Lights Inc
Clayton & Lambert Mfg.

Apr

115% Jan

Jun
Feb

5% Feb
5% Feb

4,700

10%
113%

10%
113

Aro

Equipment Corp
——.2A0
Ashland Oil & Refining
Co_——1

141

46

—.10

Claude

"

Jan
Jan

49

preferred.

Clark

May

6% Feb

Mar

Mar

'6%

•

**

5

35

13%

13%

6% preferred—10
Arkansas Power & Light $7
preferred-*

.v..

400
300

Xll2% 113

113

100
...

Arkansas Natural Gas common—,—*
Common class A

5%

43

21

16% July

44%

5%

Z

100

16%

37

140

1

preferred B
$6 preferred BB.
City Auto stamping
...
City & Suburban Homes..
16%

10 %

450

33% July
106

100

-1—1.

$6

4,800

High

Jan

May

100

60c

1

Apex-Elec Mfg Co

46%

Cities Service common-.

£1

Angostura-Wuppejman

13

Mining.—.
JChilds Co preferred
—

——1

dep rets ord reg

12%

Chief Consolidated

76%

18

106
45

tftiicagd'.-Rivet Ik

Anchor Post Products.—.—a

Am

2,800

45%

i'

19%

"2%

preferred
5
American Writing Paper common,.,..-*

Angerman Co Inc common
Anglo-Iranian Oil Co Ltd—

Low

33%

12%

Cherry-Burrell common—.,
Chesebrough Mfg new common

.

Range Since January 1

High

31

50c

Chamberlin Co of America
Chans Corp common..,

2

lOo
•

33

Share*"

100

Conv pfd opt div ser 1929
Cessna Aircraft Co common

•

American

1

Conv pfd opt dlv ser

30%

——1

Low

par

Products

Sales
for Week

of Prices

SCent States Elec 6% preferred
100
7% preferred
——100

25

CO

Ohio Steel

Central Pow St Lt 4% pfd
Central & South West Utilities

26%

25

Last

^Z^ZcZ'^Z-■
Central

4%

49%

,

Range Since January 1
Low
High

Shares

Week's

Range

Friday
Sale Price

44

25

American Potash ds Chem class A—J*
Class'B
>.——>* '
American
Republics
—10
Amer

WEEK ENDING JOLF S

New York Curb Exchange

High

4%

50%

—20

common

American Maracaibo
American Meter Co

Range.

Low

4%

Corp common— lOe
$2 convertible preferred
—1
$2.50 convertible preferred
1
American Hard Rubber Co
—25

R4NGE FOR

■

Sales %
tor Week

of Prices

Par
General

•

!

Friday

Curb Exchange

*

i

Ii

^olt^^'io^Nuinibe^

THE COMMERCIAL S FINANCIAL CHRONICLE

4505:

NEW YORK CURB

EXCHANGE

**''.BtBEiw'iuc-WMWirorr
.

STOCKS
New York Curb Exchange
...

Friday

<•

Week's
Range
of Prices

Par

Low

Electric Power ft Light 2d pfd

Elliott

Co

5%

common

preferred

165

10 J/4

1

10 J/4
23

23

6%

15

24%

25Y4

29%

32

Apr

550

26J/4

29%

27

24

Jun

30%

Apr

24%

Jan

39%

Feb

53%

Apr

1,800

Empire District Electric 5% pfd
100
Derrick & Equipment—
f
Equity Corp common
—10t
$3 convertible preferred
——1

109

Jan

112

13

Mar

16

Emsco

Esquire

Ino

Eureka

Pipe

Imperial Chemical Industries—
Am dep rets regis,
Imperial Oil (Can) coupon.
Registered
Imperial Tobacco of CanadaImperial Tobacco of Great Britain

19% Feb

50

—

Illinois

Jan

100

l3/4

~3%

~3%

7,100

3%

Jan

52%

52

52 J/a

225

49%

Jan
Jan

1

151/2

153/4

200

14%

*——10

33J/2

34

250

Apr

30% Jan

Zinc

common

Jan

Indianapolis Pow ft Lt 4%

Jan

Indiana

22

7 %

Feb

34%

Jun

6%

preferred

Palrchild Camera ft Inst Co

pfd-

Fairchild Engine ft
Falstaff Brewing

Airplane

15%

1

-

7'A

71/4

•

—

33J/4

Fedders-Quigan Corp

1
Federal Compress ft Warehouse Co—21

Fire

33

623/4

(M

/phu^i

H)

5% Jan
21% May
31 % Mar

—

||

14 '/a

5,400

11%

8%

Feb

1
r

*

•

:

Feb

International Petroleum

17%

Jan

fll

;

Feb

International

26%

80

25

Jan

29

Feb

62%

10

60

Jun

70%

Feb

International

24

24

100

23

Jun

31%

Apr

.'

7%

7%

800

7

Mar

8%

23

Jun

29%

Jan

Amer

dep

rets

35

241/4

26

26

5

bearer.

Fort Pitt

Brewing Co
(Peter) Brewing-

Fox

Franklin
Fuller
S3

9

(Geo A) Co—
stock

convertible

25% Jun

400

9%

1

5

600

49 J/2

July

1,300

9%

Jan

2,450

27% Jan

49% July

19

30% May
39% July

Mar

Mar

110

20

85

May

110

July

150

—

28

100

*

preferred——1M

iia

60

92 J/a

750

Jan

p 94

Jan
Jun

109% Jun;
123

Jun

112

Jan

24% Jun

Jan

/■?;;

33% Jan

65%

300

66

58

Mar

15 J/a

73 Ya

Apr

18

Jun

Jun

31Y4 May

28% Jan.

17

'

17%
17%

500

——10

15%
5%

300

14%

common*.——5

14%

200

2%

16 J/2

1,100

5%

1,800

Razor B—•

Utilities

21
Feb
16% May

6,600

17%
15

■

17

17%

shi—*

Royalty
i
Iron Fireman Mfg voting trust ctfsl—•
Irving Air Chute.
—1
Italian Superpower

2

28 J/4

28'A

28 J%

10%

11

2%

20J/a

19J/a

16

16% May

Mar

1%
26

:

63

it- '*

Jun

May

3% Feb
32.

Jan

.

Jan

May

-

7% Mar

14% May

600;

2%

24Yb

!r'

~

200

10 J/8

35
Jun
24% Jan

r

,

,10% Jan
4% Jan
30J/a

2%

;

Jun

x

2%

10% May
2% Apr

200

V

Feb

13% Jan
3% Apr

7% Mar

7% Mar

250

25%

:

35

39%

i

:

39J/2

49

243/8

24%

eonv

4%

25

5%

'

.1J1

Stores

i26!

102% 104%

30 J/a

110%

Jan

Jan

23%

—

Class B voting.
Ford Motor of France—

90

Interstate Power $7 preferred——*

Jan

1,100

23%

•

15% Jan
14% Jan

25% Jun'
109% Jui^

340

'•iff.

Investors

.

109% 110

1

coupon

Products

International Safety

Ford

Motor of Canada—
Class A non-voting

109%

„•

•

26%

—

Jan.

Jun

./

Co

Registered

.

dep rets ord reg

jun

12%

'

Jan
Apr

62%

—

—

Investment

40%

26%

12'/a
12%

100

International Minerals and Chemicals-

Co—

5<t to $1 Stores
Ford Motor Co Ltd—
Am

12,200

17%

1,900
2,200

13%

^

International Metal Industries A

Jan

3,000

,.

353/4

13 %

137/e

Fishman

7%

13%

400

_1

Fansteel Metallurgical

Association

16

12%
13

120

,

July

7% May
15% Jan

13%

inn

,,,,

Jan

12%
12%

America—10

r

38

;

ft

of

North

High

Jan

13%

Cigar Machine——*

International

25

12%
13

-100

International Hydro Electric—
Preferred $3.50 series

—1

.850

7%

Insurance Co

F

Low

38.

preferred—. 100

.

_

Bange Since January 1

—21

—

Service

V,-

Shares

High

36%

International

Line

Low

Co.

Ireland

Apr

4%
56

for Week

'

Apr

165-

Jan

Sales

Bango
of Prices

Par

High
12%

Feb

139

1,800

49% May

*

—10

—

100

;

,:Week's

Last

Sale Price'

Bange Since January 1
LOW

.

Friday

New York Curb Exchange

Shares

11'A

•'-v'1

-

.^STOCKS

......

High

162

165

warrants.

Electrographlc Corp
Elgin National Watch Co common!

for Week

Last

v

Sale Price

Option

Sales

150

30

112

Jun

150

Jeannette Glass

Co

l

common

21

26

17% May

1,000

Jersey Central Pwr ft Lt 5%% pfd—100
6%
preferred
—100
1% preferred
100

Mar

106'; • Jane
109 J/a Feb

108 J/4 May

109% Mar

■

112%

111Y4 Mar
Jan

July

,

Julian ft Kokenge 00,

»*

m

30

30

15%

16'/a

31%; AP*^

Jan

x26

25

K

G
Garrett Corp common.
Qatmeaa
5*

power

Oo

19 'A

«*immnT.

Kaiser-Frazer Corp
Kansas Gas & Elec

173/4

•

Gellman Mfg Co common

t

5%

14%

Outdoor Adv 6% pfd
lOfl
General Plywood Corp
i
General Public Service $6
preferred—*
General Shareholdings
Corp com—1
,

convertible

preferred

10

(AC)

common

107%
'

Co

Harvester

Jan

105

5%

•—.

114

30

108

630

114

50

Corp

Jit

Inc

.

Mfg

common

36%

100

263/4

26%

27%

21%

22

23'/2

23 J/2

7

Grand Rapids Varnish

Gray Mfg Co
Grayson-Robinson
Atlantic

Non-voting

30

1

32%

25

140

Jun-.

6%

Feb

110

Apr
May

111% Jan

L U5
111

•

Jan

27

Jan
Jan

Klein

(D Emil)

Kleinert

Co

200

19.800

i

17 %

21% Jan

26

27%

11 %

I-2V4

24%

23

1

Great Northern

Paper
Greenfield Tap ft Die

.21

8

7%

401/2

26%
common.

26

Utilities $4.40 pld.
Lime ft Alabastlne

1%

zl

30

Lane Wells Co common^

Jun

8%
69

Feb
Feb

Apr

44

Feb

Jan

106

Jun

1%

Jun

4

Jan

Jan

53

Jun

11

B—

Class

*

i 16 J/4

I6I/4

17%

17 J/a

9%

16 J/4

16

J%

17 J/4

10%

10%

11'/a

9%

44%

44%

1

~7%

~7%

~8%

Feb

135
145

Apr
Apr
Jan

Mar

45

1,600

17% Jan
13% Jan

28% Jun
28% May
1% July

5.000 •

%

Jun

xlll% May

116

Jan

16% Jun

200

9%

800

450

13%
8%

3,000
2,100

Jun

17%

Jan

11%

35% Mar

Feb
Feb

52% May
72% Jun

Mar

5% Mar
Apr

'9% May
7% Jan

Jun

14%

i
Hat Corp of America B non-vot com—1

10 %

10%

600

10%

21%

22 J/4

400

20% Mar

26%

Feb !

23%

Apr

Hearn

Dept Stores common

Mining Co—
Helena. Rubinstein.

Henry Holt ft Co
Heyden
Hoe

!

(R)

ft Co

——I

19

19

19%

1,100

15%

167/a

16%

17

1,100

15% Feb

16 V*

16%

200

17

17

300

—•

—

*

—

w

100
l

common

Chemical

common-

class

Border's

Inc

(Geo A)

21%

36%

36%

80,
12%

80

800

37

84

•'

,

12%

•

13%

30%

30%

200

25%

24%

25%

50

43%

44%

50

46%

46%

100

5%
prpfArrod
Howard Stores Corp

.lr.

t

1QO
1

(Harvey) Loo—

Humble

ft Refining
Hummel-Ross Fibre Corp.

73

$2.25.
Com

*.——5

Co.
'

,

-

.

40

Jun
Feb

22 %

Jan

20% Jan

40%

n,

.,

.fl|L

stk purch

323/4

323/4

100

74

19%

900

10:

133/4

400

10% May

11%

1st preferred
—
Hydro Electric Securities.
Hygrade Food Products-

57

t

*

.

.

1,600

32%
50

•

400

200

19

*

10%

11%

54

50

.

15

8

35d

43

53/a
48

45%

100
•>f ;

200

5;.

33%: Jun

Jan

Jan
Mar
Jan

Jan
Jan

22% Jan

Jun

51% JUDi

75% May

Mar

23% Mar

10,700

57

f. 53/a fS 53/a
47%'; ^ 47%

48%

Jan

May

115% Mar

27% Mar

19

Huyler's common.

47%

May

32% Feb

50

■

170

37% Feb
112

2,100

32% May
25 % July

44%

Feb

50%

31

»

•

Apr

13 J/4

13%

45% May
17%

72

;

mmmJ

—.

.

26% Jan

87%

17J/4

Hurd Lock & Mfg Co_

Ligomer

1123/4

Jan

Apr

May

Feb

47 y4

323/4

Oil

Hussmann

112

—

Feb

12% July

140

«•**

.

113

16% May

65

43%

—•

18

Feb

Jan

Apr

16%

14% Mar

107%

450

1,700

•

common

Horn ft Hardart common—

Hubbell

19%
48

15% Mar

34% May

i 1 Horn ft Haxifert Baking Co*.———*
J

Feb

800

—•

....

i

j—I

10

22%

.10

A—

ft Co

108% 108%

21%

—1

Hollinger Consolidated G
Holophane Co common

I ? Hormel

4

37% Mar

—

I Heller Co common
H
5%% preferred w
1

5

.—200

Hecia

Class A

4%

•

11J/2

12

18 J/a

18%
20'/4

Lit Brothers
Loblaw

5%

conv

For

preferred
arrear

footnotes

32%

see

page




: 32%

65

»-«,

ctfa_

X65

t

i.

21%'V'!;;:21%
176.

8%

V

Jun

18 '/a

150

1.000

B

2%

2%

2%

23%

23

35%

35

J/4
J/s

700

35
«
•-

143/4

Jan

23'/a

600

37 J/4

18

12

2.900

Feb

2 6 J/2

17

*

Jun

56

26'/a
;.

Jan

41Y2

Mar
29'% Mar

—*

Jun

37/s Apr

20

1,000.

Jun-

41%

.

42
Jan
201/a Mar

.

Jun

22
Jun
243/4 May

2%, Jun

:

6.400

52 J/a

51

*

A,

-

Jun
Mar

31

20 3/4 May
j" 30'/a Apr
26
"[. Feb s

Feb

..

251/2 Mar.
25

..1

Logansport Distilling Co
Lone Star Gas Corp commonLong Island Lighting Co-

.10

ctfs of dep
——
preferred A ctfs of dep—.

Common

7%

Jan

Mar

9 J/2

51 J/4

Feb
Apr

15%

Jan

10 J/a

Feb

14

21

17% Feb

373A Jan
.28

8

Class

-

237/e Feb

-

Jan
Jan

18

common

Groceterias

Class

Jun

16
11

31

.—.10
Llpton (Thos J> Inc 6% preferred—25

19%

2%
1031/a

preferred B ctfs of dep
Louisiana Land & Exploration-.
Louisiana Power ft Light $6 pfd.

19%

19 J/a

22

22

30

' Feb

May

22

Jan

22

Apr
July

153/4

16.900

3'A Feb

2Yi

Jan

lOO

96 Yi

Feb

117

775

9 2 J/a

Feb

108

13%

4,700

10 J/s

Jan :>
Jan $

23'A

600

6%

800

2%

2J/a
97

10.000

98

13 J/4
22

137/a

Mar

18

1.400

103 J/a 103 J/a

6%

111 Yb

x20%
-

Jun

15%

Jun

37

Jun

50% Mar
21% Jun
11% Apr
57% Apr

7"%

Apr

53% Jun:

Manati Sugar optional warrant;

Mangel Stores

6 J/4

common

Apr

Apr

147/8
117

21Y* Mar

44

f

.

i

Jun
Apr

26% Apr

Mapes

Marconi Internat
Communication

Co

common.

$2.50 preferred
McWilliams Dredging

15

800

16 Ya

.

32%
67%

1,500
1,700

1,500

31

21

■

Jan

24

Feb

37J/a

.

5'A

5%

6,100

X4%

Jun

it

23,200

J/4

Jun

Feb'

191/2

211/4

2,100

18 Ya

Jun

10%

200

8Y1

Jan

%
•

ft

Scott

—*

Chapman

21 J/8

—

1

Metal

Textile Corp..
Participating preferred

250

Jan

63/4

Jan

11%

12 3%

'300

9%

Jan

143/a May

Jan

62

68
J/2

71/2

8

i

West

Corp common
8
Midland Oil Corp $2 conv preferred—*

-

'

Feb

17%

Jan

3 3/4-May

5Ya

Jan

14

2,800

12 J/a

123/4

400

10 3/4

Apr

18%

183/4

18 3/4

100

18 J/4

Jun

18%

17

18%

2,000
14,700

15 Ya

7,100

20 J/a

5

4

.

Ya

5

26V4

28 J/a

19 J/a

26%

197/a

Jan

Mar

93/4 Feb

6% May

300

~4Ys

:io

—-1

Jan

May

109 Ya

"4

c

12%
112

25

6.600

.2.50

Mlcromatic Hone Corp.
.i
Middle States Petroleum class A V t c.l

35
May
263A Jan

7%

...15

Preferred--.

Apr

h J^y

-

7J/a

111% 111%

7'/a

7

Michigan Bumper Corp.
Michigan Steel Tube
Michigan Sugar Co..

8 J/s

11 J/a

-100

A preferred.

Messabi Iron Co

Apr
Jan

10

7% May

1,000

21V2

5%

Apr
Mar

47

16 Ye

1.300

Jan

223/s Jfan

-

Jan

10 Ya

Co.—...——.1

941/2

July.

7%

Jan

18aA Apr

25

400

21%
33

4%

Jan

7%

8

common

Middle

,19 Ya Jan

42

■

common.—

Merritt

t

6% Mar

Jan

16

400

16 J%

16

31'A

-

3 J/2

143/a May
243/4 Apr

20% Apr

Feb '

5

Jan

2,275

13

Mar

July

317/« May

Jan

May

10% July

.

Midland Steel Products—

$2

non-cum

Mldtale Co

Mid-West

•

dividend shares

common

...

Midwest

Oil

Piping

31%

31%

32

350

30

*

40%

40J/4

41

375

36 Y4

61/2

7

600

50

Abrasive

—.10

Co

ft

Supply.

—*

14 Ye
53

15 Yb

151/a

Wohl

Co

50c

common

Feb

39% Apr

Jun

81

Apr

Mining Corp oi Canada

23

Apr

Minnesota

4%%

conv

F

L

5%

—

pfd

*

100

16J/2

1v*

33
45/a

50
'

;

91/8

9Y»

Jan

2,100

15J/8 July

1,100

49

350
■

8 J/4

47 ■ *

Feb

100

5

49

50

pfd
ft

11
"

4%

35

Jan

6% Apr"

2,500

13%
53

14 '/a

~4%

18% Jan

65%

400

16%

♦

...

v

Feb

941/2

—•

Rights w i
Mercantile Stores

Class B

May

2% May
131/4 Jan

.100

pfd.

Mead Johnson ft Co

6% %

60

12 J/a

5.500

3

■■

Memphis Natural Gas

Warrants

Jan

Jan

6Ys
14 J/2

27/a

14%

...

McColl-Frontenac Oil Co 6%
McCord Corp common

Mfg

26

40 3/4

Ltd

Marion Powex Shovel

Menasco

Jan

56 Ya May

Feb

Marine

Mass Utilities Association v t c

Massey Harris

8Y2

Jun

21 J/2 May

(The B) Co.
Consolidated Mfg Co

Miller

^1%.-

57/a
36

200

45

,

Manischewitz

Midwest

Dividend

Jan

123/a Mar

200

Mid-West Refineries—.—.mi—*—1

Illinois Power Co common.

43:
Apr
34 J/4 Apr
37 Y4 July
197/a May

Feb'

■

Line Material Co—

109% Mar

67

——

-

11

1.600

20

Lionel Corp

38% Mar

47

ctfs

:;

Jan
'

2,000
"

11%

preferred ——
Oil Development.
Le Tourneau (R G) Ino—

Apr

Hazeltine

Corp

18%

Feb

2%

Jan

29-

•

Prior

Jan

37%

14%

.10

Hartford Electric Light
Hartford Rayon voting trust
Harvard Brewing Co

July

23

'-1,400
m 400

11% May

v:

Jan

1 J/2

Feb

9 Va

Jan

7%

8%

M
14%

Co

s

29

H

Paper.

Apr
Ya Apr
Ya May

■

500

18%

Leonard

Jan

14% May
23% Jan

12% Mar

Ball

28

300

37>/4

——

71

16% Jun

10

82

76

8,800

36J/a

Lynch Corp

Hammermill

1ft

Lanston Monotype Machine.
Lefcourt Realty common.

22%

Mar

•«

of Delaware.

Corp

47%

Jun

21% Jan

113% 113%

—

94

Jan

86

600

27 J/2

Langendorf United Bakeries class

26%

Jan
Jun

May

800

Jan

18 Ya Mar

,

May

L
Lake Shore Mines Ltd.

Jan

2,900

26%

115

3,600

26

17 J/a

Lamson

300

22%

1

1J/8

State

41 J/2

21

.250

_

Lamp Co
Hamilton Bridge

8 J/a

10 J/a

1%

—..10

Brewing

Jan

,

common—.—*

(I B) Rubber Oo

Jun

134

41

Jan

50

80

10 J/a

24%

Jun

6%
63

31

125

15Ya

29Ya Jan

1,700

1

1.400

127

Ape
Jun

9%
18

Locke Steel Chain—
126

«

Feb

'

—1

28

Mar

19

400

10

26

87
80

Apr

Feb

900

36

86

77
23 J/a

Feb

;

10% Mar
34%

9%

700

Jun

Jan

54

34%

Jun

6%' Jan

250

20 J/4

23%

Kobacker Stores new common

Jun

11%

79

Krueger

39

32%

100

1

.100

Jan

29%

Jun-

Feb

114 Ya

.100

Jan

55

6%

-100

*

43%

30»/a

19

-

Knott Corp common

48%

2

.100

Products

July
4%: Mar

103
^ cr

Tea—'

stock

preferred-

Stores

105

104

1.000

i

■

Rights v/i

700

7'/a
64

1%

l

-

-

Paoifio

ft

pfd—25

Stores.

common

2.900

24

6Va
64

—

600

•

—.

conv

Apr

23%

124 J/a

Jan

400

19%

Lakey Foundry ft Machine.

—10

-

Graham-Paige Motors $5

31%
109 ?

19% Jan

—

——

Mar

27

$4.50 prior preferred
—•
Goidfield Consolidated Mines— —1
Goodman Mfg Co
If
Gorham Inc class A

24

53

351/2

21%

Coal

Feb

110

'

——

Feb

Apr

12 y8

31

10>/4

10 %

Co—.

ft

Klrkland Lake G M Co Ltd

17%
10%

Jan

100

5%

107

(Walter)

X29%
6%-

6%

S

Jan

Jan
Jan

11% Jan

Lamp A.

Kimberly-Clark Corp—
4%% preferred,.*..^*—..
Kings Co Lighting 1% pfd B.
59t preferred D.
King Seeley Corp..
Kingston Products.
Klrby Petroleum.

Feb

Jan

18 Ya

Key Co common—.
Kldde

121'/4

Inc

Ken-Rad Tube ft

17% Jun-

"15%Jtirt

13,800

pfd——IlOO

7%

J

Co

Apr

18%

104% Feb

•

__5
Gobel (Adolf) Inc common-.——*
Godchaux Sugars class A
—•
Class
B
•

Gypsum

9%

9%

12%

10

e

Globe-Union

Gun

Kennedy's

101% May
14% Jan

Jun

500

s

Gladding McBean ft Co

Grocery

500

20

105

—

108

——

1st

28

18%

e

Preferred

7%

5%

500

1073/a 1073/a

19 Ye

r

2.300

10

27'/2
i.

e

Geoigia Power $6 preferretL.——•
$5 preferred
•

Great

>

1.600

X143/4 xl5 J/2

*

General

Gorham

800

6

Apr

»

Kawneer

9

General Fi rep roofing: common

Alden

Jan
9% Mar

'

17% Jan

.

Glen

vio%

101/4
5%

———_—

Warrants

Gleaner

18

Jan

97
'

Jun

22

14>

Amer dep rets ord reg
at
General Finance Corp cnmmnn
i
S-% preferred series A——If

Gilchrist

10% Jan

ina

General Alloys Co
Gen Electric Co Ltd—

Gilbert

4.500

«

,

preferred

S6

I91/2

15%

2,000

8Ys

Jan
Feb
Jan

147/a May
61

Jun

■

Jun

July

■

6 'Jan'

19i/a May
50

July

Jan

11%

Jan

105% Mar

107%

Feb

.< I.

MJ|.*

THE COMMERCIAL & FINANCIAL CHRONICLE

MfiitXtt'jniibti'.wi-ti •

NEW YORK CURB EXCHANGE
FOE

RANGE

Friday

STOCKS

"Last

New York Curb Exchange

Monday, July 8, 194$

Bale Prion,

Week's
Range
of Prices
Low

'at

Sales
for Week
Shares

WEEK ENDING JULY

5
STOCKS

,

Friday
Last

New York Curb Exchange

.f-

High

Low

.

Sale Price

Range Since January 1

low

High

;

Week's
Range

Sales

for Week

of Prices

Shares

Range Since January 1

High

Low

High

■

M

Missouri Public Service common—.

—

Molybdenum Corp.
Monogram Pictures common....—
Monroe Loan Society A
;

Montana Dakota Utilities

-

j

..1*

—5

~1

Montgomery Ward A
——
Montreal Light Heat & Power.....
Moody Investors partio pfd
—
Morris Plan Corp of America-——.

States

,

17%
91/4

—

4,900

■

4%

700

2,200:

18%

%

8%

Muskogee Co common

9%

9%
31%
141%

31%

141

—

■

8%

*

•

.

4%

-

-35%
20

,

Jan

Powdrell

-

Jan

Jan

18% Jun
210% Jun
23% Feb

•

6

4,600".
1,000
50
^

35%-35%

28% Jan

-

100

30«

19% 20
15%-15%

.

300

-

136% Jun

; 25%Mar
'

18

400.

Feb
Mar

14

1st
C > f"

.

May

17% Mar

L2% Mar

,•:>'*>'•

"

'

of

Metals

America—

Apr

Feb

May

20% Jan
18%

Feb
Apr

10%

Jan

3

Gas

—

Public Service of Colorado—

-

1st preferred
1% 1st preferred

6%

122

Jun

112 ' May

113% May

Puget Sound Pulp St Timber.—
Pyle-Natlonal Co common
Fyrene Manufacturing
—

27

23

Apr
Feb

20% May

1

common

National Breweries common

•

7%

preferred
National City Lines

Jan

28% May
15% May

3%

Corp of Nevada
Prosperity Co class B

Providence

J

•

fiftfp

National Bellas Hess

10%

95

Jan

May

27% Jan

f

Puget Sound Power & Light—
$5 prior preferred

Wnfthwftn

10

preferred^-—..—;

Producers

Jun

17

Jan

60

21%May

"

common

of Canada com.—

•':<. k':

Pressed

10% Jan
32% Apr
36

:
-

6%
19

Premier Gold Mining
.
Prentice-Hall Inc common

160% Apr

•

600

Pratt St Lambert Co

5% Feb

-

9

7% Mar

Alexander

&

Power Corp

54% Jun
10% Jan

-3% Apr
8% Mar' !

8%

Polaris Mining Co

11%

■

.

i

Scale common

Pneumatic

Feb

10%

-^■•>~197'
Jan
6,000
17 -May
45
Apr
900
8
Feb

20%

3%

..i

•'

4

Pleasant, Valley Wine Co—;——,

Apr
20% Feb

37-

—

—

—.

Jan
Jan

7% Jan

17%

'

9%

"

—

—■

.

3%

,00

.

41/4

—

Power common—.

—

16%

19%

.8*

20
15

7' 900

8%

■

—

LOo

Mountain States Tel & Tel

Murray Ohio Mfg Co
Muskegon Piston Ring

16%

4%

•

.10

—

—

„•

Mountain City Copper common—
Mountain Producers
Mountain

8%

..1

—

'

,

:

f

16%

.25

50a
•

X49% May
17% Jan

National Mfg & Stores common..—1
National Pressure Cooker
2
National Rubber Machinery
•

23% Mar

common...

National Fuel Gas

38

National Steel

Car

Ltd

National Transit
National

Union

15%

12.50

Jan

Feb

14

30c

Uiv/ 3 *v/:
:'V»,
r,;}:
Nebraska Power 7 % preferred—.-—.100

172%

Quebec Power Co

4% Feb

1

common

Radio

114

Quaker Oats common.
6%
preferred

x26% May

•

National Tunnel & Mines

May

89% July

...

v. --..I

Nelson

(Herman) Corp
Neptune Meter common...

Nestle Le Mur Co class A

4%%

conv

107% 108

•

100

.

New England Tel St Tel
New Haven Clock & Watch

New Idea Ine

107 %«

Radio-Kelth-Orpheum option warranto.
Railway & Light Securities
Voting common
—.—10
Railway & Utility Investment A
1
Rath Packing Co. common
10
Raymond Concrete Pile common
$3 convertible preferred
—•
Raytheon Manufacturing common..60o

111% 115

•

New: England Power Associates
6% preferred
A2- preferred
Vhir,„

>
,

111%

8
.

,

Co

—

,,*■

100

II

•

pfdAi.—a.,.————20'

131% 134%

13%
21

Reed Roller Bit

13%

21

21

New

Jersey

«>c

New Mexico
New Park

& Arizona Land

New Process Co «nwnin\w^

—_1
'

t

•

0
•

Radiator

1

Rio Grande Valley Gas Co v t 0

1

Richmond

J

Mining Co.—.

Do

Reliance Electric & Engineering
Rice Stlx Dry Goods
Richfield Oil Corp. warrants

*'

flomtifinn

'

Rochester Gas & Elec 4% pfd F—..100
N Y Auction 'Co common,.:

N Y

Rome Cable Corp

'1ft

shares.

pf<L-100
inp

5%

2d

preferred

100

Class B optional warrants.:

119

113%

13%
120%

112

750
274

1% *

1%

1%

8

12%

12%

Niles-Bement-Pond

•

18%

18%

120.

Ryan Aeronautical Co

15

20

1

Nlplssing

NTinea

800

5%

35

Light & Power commOn..l
preferred
;

6%

American

Northeast Airlines

62% May

North Penn RR Co

1,
50

Northrop Aircraft Inc
Novadel-Agene Corp

17
108% 108%

Ogden Corp common

Co

Jun

Schlff

Co

common

Jan

Schulte (D A)

Apr

Securities Corp General

i

—

Segal Lock & Hardware

"

-

Apr

Rights,- w i

1

^

—1—^—

*
1

Seiby Shoe Co
Selected Industries Inc common
Convertible stock
—
$5.50 prior stock
Allotment certificates
—
Semler (R B) Inc.
——
Sentinel Radio Corp common

:

common.

5%
30%

-28

103

102

108%

108% 108%

1
1

Sentry Safety control
...—l
Serrick Corp class B—————1

Omar Inc

Seton Leather common—.

Poindexter Distillery

30

5 Va

29%

30

Oliver United Filters B_

Old

29%
5%

8

,,

preferred—

Oklahoma Natural Gas

Bros Inc..—

Seeman

73% May
15% iApr

1
...28
•
1
•

Manufacturing
ScUllin Steel Co common..

59% Jun

40

*

...

Inc common

Scovill

Ohio Brass Co class B common.
Ohio Power 4%%

8

Oil

108% July

„•

1
1

United Corp common

Savoy

111

1

8

Oil Co

Salt Dome
Samson

21%

16%

*■
80

Ltd
prel—

11%
16%

-.25

i

1

Regis Paper common

12% Feb

Northern Indiana Pub Serv 5% pfd—100
Northern Natural Gas
J20
Northern States Power class A..

St

Feb

54

8
.

Class A $2 conv

Apr

May

•

Tr,-:—...

Bt Lawrence Corp

12% Mar
63

•

Northern Central Texas Oil

—1

Feb

164

50

Utility Securities.

—........ ■

Consolidated Petroleum——*

Ryan

Ryerson St Haynee common

Jan

•

prior preferred

North

Feb

20%

■-f--v-1

North American Rayon class A
Class B common

10
*
2%

26% Feb
Apr

2.500

North Amer

$6

Apr

13% May

^-r_,g-

Noma; Electric——:

May

3%

2.200

12%

Nineteen Hundred Corp B

123% Feb

Rotary Electric steel Co
Royalite Oil Co Ltd
Russeks Fifth Ave;

10,700

113%

12%

...

com

—1

Root Petroleum Co

12%

.

Niagara Share Corp class B

8
0
8

Roosevelt Field Inc—

.1

Niagara Hudson Power common——,—1
5% 1st preferred—
,.—.100

—£1

common

Art Metal Works

Ronson

N Y State Electric & Gas $5.10
N Y Water Service 6%
pfn

*

Ltd—dep rets for ord reg

Am

,

Shipbuilding Corp—

Founders

?

Rolls Royce

—

Mernhandlae*

N Y

Roeser St Pendleton Inc—..——.—*

0

N Y City Omnibus warrants
N Y St Hondnraii Rngarin

•

103

20%

20%

7%
2%

8%

15%

15%

3%

Overseas Securities

Paclflo Can Co common
Pacific Gas & Elec 6%

5%%

1st

—•

1st pfd.

Public

11%

Apr

42

28

preferred

Jan

28

Pacific Lighting $5 preferred
Pacific Power & Light 7% pfd
Pacific

Shattuck Denn Mining—...————8
Shawinig.'in Water & Power
—'
Bheller Mfg Co_.
~1
Sherwin-Williams common
-.28

102% July

100

Service

preferred———-—-——100

113

•

Sicks'
tjnex

May

preferred

•

•

27

1st

Parker

Motors Corp.

Pen

1

Co—

Parkersburg Rig

___5

&

Reel.

Plymouth Mills

Telephone
preferred

23

$1

cum

l

Penn

Power &

Light 4%%

pfd

Penn Traffic Co.

Pepperell

reflect Circle

•

100

113%
7%
74

49%

„•

13% Jun
24% May

21%

46%

46%
UV2
318%

11%
314

49% Apr
12

.

108

100
•

1

Penn

-1

Oil

Pa Pipe Line
California Edison—
original preferred
preferred B—

Southwest

—12.50
lb

Southern

Jan

5%

May

6%

Jan

28

28

preferred series C
28
Southern New England Telephone—100
6%%

46% Apr

9%

12%

New Common

Jan

25%
4%

South Coast Corp common

South

-1
1

Corp—I

Boss Manufacturing common

Mar

26 %
11 %

5

2,800
7,500

—•

-

70%

60

Philadelphia Co

Pierce

•

common

Pbila Electric Power 5%

Phillips

pfd

Packing Co—

Governor

Righi swi

16 V*Ma*

•14% Jan
27% Jun

25
•

32

-1500

30% 30%
140% 143%
4
6%,

15%

•

common

23

Phosphate Co
I—
10
- Line—
—10
Southland Royalty Co..
—8
Spencer Shoe Corp
•
Stahl-Meyer Inc.
—*
Standard Brewing Co
.1
—2.78
Standard Cap St Seal common
1

Feb
Mar

Pinchin Johnson Ltd Am Shs
Pioneer

Gold

Mines

Ltd

1

Piper Aircraft Corp com

Pltney-Bowes Inc

4-^ Jun
7%

Jan

12% July

50

Pittsburgh. Metallurgical

44
70

page

preferred—.—10
common—1
$1.60 convertible preferred.——.2u
Standard Oil (Ky)—
.10

May

common.—.5

Pipe

Convertible

Mar

;50

Pittsburgh St Lake Erie

see

?

a

——

Pitts Bess St L E RR

For footnotes

;

I

.

Standard Dredging Corp

i; 12% July

16

-

;

t




m

»

i

'•

Sr. .'Str-r .ls
w

A*:*

i

6

Jan

AptfMar ;
July
Jun

10%

200

2%.

13

>-

37%

'

39V*
39

6%

7

26

32%

;
.

-

>14% Feb

300
300
,3,700900
200
600 *-

,.

150,

26

32%

700

-

.

3

38 Va

11
Feb
9% Mar

1,400

19%

9%
13

rri?
,

44
30%
29%
140%

3,400

10 %

176,

-

-

30

"

17

10%
19 •;:

•V*
.

»

•;

—

Southern
Southern

35% July
31% Jan

380
t~. 500 :

50

-

6% Jun
55V4 Mar

—

100
1,400
60

40

31%

4% jun
11% Jun

"

70%
35%

39%

-

1,700

12%

35%

17% Jan
9%'July

• •

3,300

-

;

.

Pharis Tire St wuhhay

Jan

7%

£1
v

Jun

374

Jun

48% May
5% Jun

—.—20

Co

fionotone

15

•

Mfg Co-.—-.

Jan

73% Mar

2,50

Penn Water. & Power Co

Jan

(Howard) Paper Mills
Solar Aircraft Co
Solar Manufacturing Co..
Smith

7% Jun

Penn-Dixie Cement warrants..—

Pennsylvania Edison Co $5 series pfd.*
$2.80 series preferred...
*

,f

Penn Gas St Elec class A com

Feb

May

Elec Co—

29

25

Pennroad Corp common—

Apr
114% May
31% May

113% 113%

Co Ltd—

dep rets ord regis

61%

•

common

Amer

48%

•

Peninsular

Sioux City Gas &>
3.90% preferred

39%

1

Patchogue

Singer Manufacturing

Feb

•
1
—;—100

Jun

169%

154% 155

20%

—

$3 convertible preferred
Simplicity Pattern common
Singer Manufacturing Co

Jan

-

19%

8%

Ltd.—.--——--—-*

common—.—

15

Pantepec Oil of Venezuela Am shs
Paramount

Breweries
Co

7% Jun
10% Jan

—

10% Jan
24% Mar

18%

7%

Simmons-Boardman Publications—

11% Jan
26% Jan

Tubes common
Pan American Airways warrants-

$1.30

Page-Hersey

23%

18%

Sherwin-Williams of Canada.,a.

38% May

•

22

1:

2,800

.

0% Feb
7% Jan
2% May
34% Feb
35% Feb
6
Jan
24% Jan
24Vi Feb

Jan
Feb

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4505

(Volume 164

NEW YORK CURB

EXCHANGE

RANGE FOR WEEK ENDING JULY 5

Week's

Ki

Last

Sale Price

Sales

Range

Friday

STOCKS
New York Curb Exchange

for Week

of Prices
Low

6%

Standard Power & Light

6%

Shares

BONDS
New York

High
6%

Low

5,100

3%

Jan
Feb

Standard Tube class B

6

Starrett (The) Corp——-

7%

(A)

& Co

Sterchi Bros

Stetson
Stmnes

50%

24

Jan

29%

18

Jan

9

6%

6% Jun

22%

11% Mar

227/a

18% Mar

25

2.

•

May;.
Jan

Mar

54

28%

Cement, Inc.

32

X38

52%

Portland

29%

28
26

45%

; Jan<
.L

14

Finch oil Corp

Swan

2%
45

'

Mar

Mar

.

Taggart Corp common
Tampa Electric Co common
Texas Power & Light 7%

Textron Inc
Thew Shovel

Cities

/

Tilo

May

Roofing Inc

Jan

Debenture

26 %

Tobacco

Product

Exports

,

1st

5s

.•

convertible

80o

•

11% Mar
8% Mar

*

•

100

Products

A7s

United Specialties common
Foil Co class B

$80%

104% 104%
$62%

$107%

85

__

__

..

1043/4 1043A

$101% 102 %
73%

•"-

—

•;

*—1957

1952

(July 1941 coupon)

6s

1952

Kansas Gas & Electric 6s

&ansas

Electric Power 3%s

15

106

46

McCord Corp deb 4%s

46

46

47%

46

46

47%

47%

2

47%
47%

101%

1
1

8

1

$46

2
10

—

Universal Consolidated Oil

.—.—10
•

5

sugar

Utah Power & Light common

•
10c
-.1

Utility Equities common
$5.50 priority stock

4%s

1981
2022

——

Amsterdam

New

5s

Gas

1948

New Eng Gas & El Assn 5s
Conv

deb

5s

$114%

rt

Y State Elee & Gas 3%8-

A5%s series A

1964

2004

(part paid)

<L;-'. rL,!V ^

Pacific

;

—v

Power

&

Light

"

;

5s__

•

71%

$105% 106

_o*

105% 106%

—$114%

—T4

'
-

105 "105
100% 100%

105% 105%

102% 102%
102%
—

-

3%s

————1970

Eleo

Power

5%8—1972

stamped extended
Corp

(Can)

102

a02.%;.>

,

1043/a
95

105

105

$105

$107%
$108

"

105 3E

—

109

10512

1959

1st mtge 3%s——

.—1964

Service

of

perpetual
'ly.

.V/Av,

,/

1949

—

New Jersey—
certificates
v

//

—

v

-1aM

$106% 107%

•

San

1952

$120

•

ASchulte

1951

$115%

1951

$1013/4

Joaquin Lt & Pwr 6s 3
Real

Estate

6s

|
Ward Baking Co warrants.^—.———.

Scullln Steel inc mtge 3s
Southern California Edison

Warner

1

Southern

California

$

Southern

Counties

Corp
Mills

preferred

Spalding (A G)
B

__20
10

—

»i

(Wm & Co

—

Wichita River Oil Corp
Williams (R C) & Co
r:'V'

v

-'*

/"X'h

Brothers

j

——1

common

1

!_•

Wisconsin

100

Wolverine

&

25

L

4%% pfd
Portland Cement

10

Woodall Industries Inc

q

Woodley Petroleum

105% 105%

(Calif)—

(P W)

,

see

page




$106-107#
$108%.108%

i.

AStarrett

Btinnes

Corp lno 5s
(Hugo) Corp—

A7-4s 3d stamped
Btinnes (Hugo) Industries—

$36%

A7-4s 2nd stamped
Edison 3%s—

Toledo

United

Electric

N

J

42

$1063/4 110%
108

4s—

108

,

United Light & Power Co—
1st lien St cons 5%s
United Light At Railways (Maine)
6s aeries

-

A—

106% 106%

Utah Power & Light Co^-'v
Debenture 6s series A

Waldorf-Astoria Hotel—
A 5s

Income

//

debs

Wash Water Power 3%s-

Ltd—

American
deposit receipts.
6%
preference
Wright Hargreaves Ltd
For footnotes

1970

L

1

Woolworth

1970

•

preferred w w
Winnipeg Eleo common B

5%

P

3%s

—in

l

%£■£

Wlllson Products Inc
Wilson

__

107% 1073/4

•

:V/„„„

Westmoreland Coal

—

1965

1st mtge 3s——ju.'——.1971

Weyenberg Shoe Mfg

#£

Gas

125%

3s

Southwestern Gas & Elec 3%s..

Manufacturing

Western Maryland Ry t% 1st pfd—100
Western Tablet St Stationery com
•

<-M"'

Gas

106% 107%

176,

Si
£i
•

Wept Penn Electric 5s
West

Penn

Traction

5s

Western Newspaper Union6s conv S i debentures

-

105%

98%

1013/4

' 23

98%

101%

31
;

99

t

105%

101%
108%

1

1003/4

105

18:

/102rr

1053/s

•106% .107 Va
s

101% J03%
45%

1950

4%s B

-

•
107, .107.,2
^.103.103 Um;* ^

'

Pennsylvania Water & Power 3V4S.1964

105

15
"

'

104

^

I

;.
.

102% 104

1979

Waltham Watch

Whitman

55%

2

71%

Safe Harbor Water 4%s

100

;

Westmoreland Inc

101%

44%

105% 107 i

$87

> *

-

preferred
Waitt & Bond class A

:

95%

2

1955

Sinking fund deb 4s

7%

West Va Coal fc noire/.

36

106% 107

Wagner Baking voting trust ctfs ext..*

Texas Utilities $6

' f

;

;

•

115%

1st mtge 3s
....1964
Penn Central Lt 81 Pwr 4%sMW—.1977
u'1st ' 5s—
1979

Public

olv

100%

Ul%-^r

Queens Borough Gas St Electric—

West

■

1
i
103% n I

113

1948
5

Park Lexington

'•/**> * l!

Knitting
Rights w i

60 S

109

Ohio Power 1st mtge 3%s——1988
1st mtge 3s
—..—.1971

6%

Wayne

63

5

Public Service Co of Colorado—

Manufacturings^—,

Went worth

'
..,

46

^

100%

..1954

N Y & Westchester Ltg 4s
North Continental Utility Corp—

-

>

46

103% 103%

,

1961
1948

5s

Debenture 5%s

Venezuela Syndicate Inc

Aircraft

..1:..

:

,

1103/4 HO3/*

—

—

100 %TOO % 101 %
101%
100% 101%

—1950

England Power 3% 8—

New

New England Power Assn

Power

preferred-

;

60

104% 104%

1948

5s

common

Petroleum

Class B

i

46

'

—

Portland Gas & Coke Co—

h

I

65

I46

47

1947

5s

Philadelphia

.

65

59% ;;

46

$1043/4

1963

A

series

6s

•
50o

common

:

i
;

2

1013/4102%
"100
100 %

100

Gas Light 4%s————1967

Milwaukee

25o
10
25

Reclaiming

anwftfr n*

{

1

,-v

100

fe Universal Products Co—

Waco

,

•

105% 1083/4
47%

1956

to

Extended at 4%

—

U 8 Radiator common

Vogt

105%

'

i

v

103%

Midland Valley RR—

Jan

Mar

•

convertible

103%

46

Jan

Feb

47

•

$4

105, .106%
104

106

1966

2022
3%s
1969
Kentucky Utilities 4s————.——1970

25%
95

1st preferred with warrants

Venezuelan

3105% 108%

5

$105% 106

196$

.

Kansas Power & Light

—...

United Wallpaper, Inc

—1957

5s—..—
i

Power

Feb

and International Securities.

Yftfepnr Corp

>

t,

103% 103%

——1952

Jan

•

Graphite common

Insurance

106% 106%

1955
—1957

coup)-.

1941

F

Nebraska Power

U 8

Universal

75%
43

125% 125%

1970

^Italian Superpower 6s

Feb

......2S

Utah-Idaho

75%

$40%

$70%

1941 coupon)

(Aug

Debenture

Jan

•

Bharlng—
preferred
Machinery common

Rubber

.

1955

1

(Dec
E

series

Interstate

83/4 Mar
7%
59

1•

.'i/'L';: " f;

Preferred

8

107%

$106% 106% J

$111%
$1063/4

C

series

32

7

Profit

United Stores

5s

1

United Shoe

U

107

1950
——1963

*
10

rets ord regis.,—
United NJ RR & Canal

$5

107%

108%

——Jan 1949

;

5s__

Mar

warrants

Amer dep

U 8

104%

105%

1958

20% May'

participating preferred—

8

i

106

106%

Jan 1949

series

A7s

United Molasses CO

U

<

105
106

1948

6s

27

United Light & Railways——
United Milk Products

/

73

107%
104% L

105

1953

1

United Elastic Corp
United Gas Corp common.

3

65%

106%

1963

•

-

United Chemicals common

10%

?

*

•

-

Union Stk Yds of Omaha

United

a

112

103 3

3% July

10

Union Investment Co

'

J

.

110%

104%

//

...

1

10c

Unexcelled Chemical Corp
Union Gas of Canada

$3

65%
106%

103% 104%

1969

Indianapolis P & L 3%s
international Power Sec—

1

.

United Corp

65%

:i06

1950

West

& ref

1st lien

A7s

Aircraft

&

Service

A6%s

United

65'A
106

104%

1961

3%

Pow

B

series

6s

Indiana

•

Corp

80%
82

1985

A

3%s

Hygrade Food 6s ser A

A 78

Realization

1966

109%

1956

—

,

Power

A6%8

Ulen

115;
108%

105

109% 110

1993
1993

& RR 5s

stamped

Guantanamo

1

Cdyllte Corp

108:110%
115% 119%
113'

1954

Grocery Store Prod 6s

10

preferred

108

Residential Mtge Bank—

Green Mountain

warrants

Tung-Sol Lamp Works

105%

105

114

,107
■

1976

Grand Trunk West 4s

Shipyards Corp
•
6% preferred
190
1% preferred
......100
Tonopah Mining of Nevada
1

.

103%

106% 107

1969 !

AGeneral Rayon Co 6s ser A

•

Inc

4
-.-ft

(Bait)—

4s ser A
ser B

Water Lt

Finland

Toledo Edison

Trunz

& Pr

mtge 4s

Gatlneau

—

Lt

Eastern Gas & Fuel 3%s
Elmira

Todd

Tri-Contlnental

Jan

ref

1st mtge

Amer

Trans Lux Corp
Transwestern Oil Co

,

Lackawanna of N J Division—

Tobacco Security Trust Co Ltd—

dep rets ord regis
Amer dep recs del reg

/

Delaware Lackawanna & Western RR-—

1
•

-

5s

Gas El

Consol

May

1

-

Tlshman Realty A Construction
Allied Stocks

1870

5 s—.... 1950
5s.———1958
5s...——
—1969

Debenture

34%

0

Tobacco &

deb

62 %

-

common

114

—

Service

Cony

50c
Co

1962

—...

3% Jan
o Jan

26 '

102% ,102%
105
105
$106% 107%

108'
108%
1115% 117%

1ppn;

■;■

IA Central States Electric 5s——1948
J A 5%8
;
1954
S A Chicago Rys 5s ctfs (part paid)_1927

49% Jun
48

104%
111%

122%124;
101% 104%

i

.100

3

/-..

-L/'L
4

101%
109%

'

•

pfd

102 %

<

High!.
1
1

'

•

Texon Oil ft Land **

—

A*,,1957 '

Ss aeries'- Cv,

mtge 3s ser P
1st ref mtge 2%g ser Q
Consolidated Gas (Bait City)—
U Gen mtge 4%s__;.

......1

common

Sxpria* "R

M

1st

Technicolor Inc

MS

:

MS

1964

Bickford's Inc 6%s
Boston Edison 2%s

Feb

44

Ray Drug Co

1st

Jun

24%

45

Corp

JS

195S

102% 102%
110%110%
$122% 123

__

'

Range Since
January 1-

.Sold

Low

Ben Telephone of Canada— ■*;

Feb

21%

Sunbeam

A-O

1953

t

Bonds

High

J-J

2024

4%s

J'D

„

87e Jan

x21%

2%

Elec

Assoc T & T deb 5%s A
Atlantic City Elec 3%s

■

10
,

1961
1970

3%s

Appalachian Pow deb 8s

May
53%. Jun
-Apr

v

6s

Pow

Associated

31

7% Mar

6%

Paper

Elec

Jan

9% Jan
14% Feb

Jun

Writing

Appalachian

Jan

33

29

8%

....

Amer

Week's Range
or
Friday's
Bid & Asked

Last

Sale Price

toto

80% May

49

Inc
(J B) Co common
(Hugo) Corp

Superior

.

Jan

29%

Btroock (S) & Co common
Bun

.

23%

Jan

29 '4

common

Sterling Engine Co

Bterling

160

May

29%

Sterling Aluminum Products
Sterling Brewers Inc

Interest

Period

77/a May
'?%May

72%

common

Stores

'

17% May

Steel Co of Canada—

Friday

Exchange

High

\

Jan

138

'Preferred
Standard Products Co———...

Stein

"

3%

Common claBS B.—

Curb

Range Since January 1

46%

'

THE COMMERCIAL & FINANCIAL CHRONICLE

JL76

Monday, July 8, 1946

,

NEW YORK CURB EXCHANGE
'

Quotations for Friday, July 8

r -t

',y.
bonds

New Pork Curb

Foreign Governments & Municipalities
KVftBO si D3

Friday

■

Interest

Curb Exchange

fork

New

-a

ftVsftft-ftft"','

Last

Period
:•
-

V

■'

■

I par

Low

31

ARussian

80

26%

•/.

30%
100

27

*"$21"*" ~27

—

2Q%

20%

.

~5

32

1

23%-

u

20%

20%

i;

v

2008
AMeQeU-in
7$ stamped———„—1951
Mortgage Bank of Bogota
A7s (issue of May 1927)
____1947
A7s (issue-of Oct. 1927)
1947
to 2Yes

Interest reduced

J-D

—

*33

*33%

;V-

—

36

*52

Xf-N
A-O

—

50%

$27%

■

43

90

99%

37%

2

v.

J-J

;

.lblb

41

"

•

•

j-j

'

i1"',1

par value!,

a

.5

r.Cash sal$,

»>«*■.<<.<

d

8V0

8%

t

V 23

8% *

6V2 : *

22

I

.'II. I

■

! T 7%

ilReported

>

* ■':?

Abbreviations used above—"coa,"

*;

•;

certificates

of

aeposit,

»

P:l
\/• \
trm/tpl**5

':

/

|;

-

"

:

\

i.-

t

r

:

i";

f Ex liquidating cash -dividend nf $22,50, plus stock distribution..
'■1

t

*14

klbc-stock dividend.'

yEx-right?*,

:

wy*'

;7?4

.

•

*

■»" :

Ex-interest.; e Odd-lot sale.

Ex*divide»d.

x

r

44

37
;

"

' "

8%*"'
1

.

Deferred delivery7 sale,

**'

$42"*" "* "45%

"8%

j-d

u

.1021

>

"

>

"**ccnk*""*QDiwl1d*tM*

feiye; "conv.V convertible;* "M," mortgage! "n-v,"non-voting stock f"vi c," VoUng'.t rust'certificates;'
"wi," when issued; "w wy" -with warrants; "xw," without warrants..
;k-y: vr'-vk l H

51%

50%

51%

20%

23%

:>'?'- *52

J-D

t—

High

Low

prices; *o sales being ^transacted aurlng-eorrent voek.
.ABondi being .traded flat
'
'
...
' «

V

{:

1931

AMortgage Bank of Chile 6s

*42%

98

|

.•January 1

,r

No.

^Friday's bid. and asked

;

.;■'
M-N

98

—

M-S

.2012

6%s

y

tJnderrthe.-rule sale.

■jo

:

ft

reduced to ,2

Government

~ft--

-♦No

97%

■

:

1:

99%

89

,i»;v

,

98

Range for

-Sold

i'

High

A)

'

A5Vfci

92%

J 94% 100

;

(Plan A)

stamped

Maranhao

(Plan

•Bends

v

Bid & Asked

Rio de Janeiro stamped (Plan A)

83%

so;

:

~

}30
196

—

0

J-J

MS,

6%s stamped_1958

(Peru)

City

A Lima

.

^

\

*.;

1952

r.

^ J

J-D
F-A

———-—1953

Danzig Port & Waterways—
A External -6 M»s stamped

78%

mv*

—

Friday's

or

Sale Price.

>

J-D

?

.2008

High

'l l'

stamped

.1972

■

m -n

imwio-m1

■' ■■ •

5s

•

Low

'

Valley 7s————1946
5 Ma

■"

Extended

Sold

•

Parana

Range Since
January 1

Bonds

A-O

J-J

-

A Cauca

High

Period

Low

Interest

Agricultural Mortgage > Bank - (Col) —:
A 20-year
7b
--.April 1946
o 20-year 7s
dan 1947
Bogota (see Mortgage Bank of)
Danish

,

Sale Price

;

Interest '■i't Last
171

Mortgage Bank of f»»nmark 5s

Week's Range
or Friday's
Bid.& Asked

Week's Range

Friday

Exchange

OTHER STOCK EXCHANGES
Quotations for Friday, Jv|y 5
,.d,i

^

y-V*v

*

'2_( 1

^

<

1^1

'

'

i

*

'

STOCKS

Range

Arundel. Corporation
'

v
'

■

*

•v',

——.

Bait Transit Co common

::

,w

■

*•

'
—

.,4,;...

t 0—
.—20

V

••

—

.^--10

Mt Verrion-Woodbury MiHs—

r

!

312

181% Jun

25

312

168
40

Jun

300

'Man

312

May

312

3

■

310

2

United-Rexall

:?47

-

Jun

Waldorf System

July

-

33

Casualty

——25o

49%

J50

"XT 8 FideUty It Guar,

58

31% Mar

3.7

100

50

52%
14%

'

39

JWar

53%

2,930 ;

50%

Jun.

156

W/2

Jun k
53% July..

Jun

83%

200

78%

Jan

70

71%

307

•

■21%

22Vi

34%

■'

18% MayJv
#5

64% Mar

-

60

33%

-

158

Jun

46

52%

15%

-12%

—

Westinghouse Electrio Corp.

High

38% 'Jan

14%

_10

Inc_.

370
420 f

-

•51%

25

common..

l

^

-

%■:

83 Vi

—5

Apr;i

78% Jday f f

1

93%';Jun^t

Jan
32% Mar

18

3(9%

Jan

33BUUnWBMWMi

100

50

414

-47% Jan

54

$1,000

lOC^Xlun

100

Feb

70c

ai-k

1.30 Mar

Apr

,

Chicago Stock Exchange

Bonde—

Interstate Bond Co 5si-_-—-—1947

42%

49%

k

Jan

20

1.10

100

49%

41

50

•

u—

Lorn

May

33

33

1.10

-

Jan

I6V2

IS

47

41

Drug Inc.

United Shoe Mach
U S Rubber

Jan

58

ICi'"i

-2(1

Amsterdam

13% May

75

-

*• 41

312

31 Va May

Feb
Jan

4%

50

*

\ Jan

25

-vlOO

A

Bigh

,

V; -'

Range Sluee January 1

High

5

——

Union Twist Drill—
United Fruit Co

.

Common-

North American Oil Co—

"v.

312

20 ft-v

New

12

181% 181%

.••:;,.-41

—_20 v:.

-

■!

28%

t

Fidelity & Deposit Co——
Fidelity & Guar Fire Corp-

v1

28%

ft'.: 12

___

Torrington Co

Low

Range Since January 1

k- Lots.

High

kV>

of Prices

Par

Shares

Low

Range

Sale Price

for Week

of Prices

Last

Bale Fried
Par

Sales
for Week

Last

Sales

Week's

Friday

STOCKS

Week's

Friday'

Baltimore Stock Exchange

Jun
STOCKS

Week's

Friday
!

Last

*

•RV-Oi

Sales

Ik

■forWccfr"V.->

Range-

Sale Price t of Prices

Low
Acme Steel Co common
(J D) Mfg.common-

49%

49% 49 Mr

-Adams

Auonral

Boston Stock Exchange
stocks

•

Friday

Week's
Bangs
of Prices
Xoto

I

Teb &

American

507/a

51%

53%

537/a

150

1,143

185%

235

30%

198%

Tel-

Woolen
Anaconda Copper
American

..

142

82%
43

Boston Re raid Traveler Corp.

,

Common stamped

Jan

150

55
82%

1,496

44

Mar

55

7%

145

80

Feb

43%

380

37

Feb

45

8%

32

7

July

67%

68%

kk''-:" Stamped' ————„^*-100"
class B

ctess O 1st

10%

Jan

115

13

July

14%

500

13%

17

17

50

15

14%

100

14

Jam

16%

16%

15

100

.

19

19

45

18

18

.Boston, personal Prop Trust-—

18

15

17

Service .;;

,,

,

39

39%

57

60c

10

90c

10

24%
r 15%

•14%

28%

27%

Co capital—*

Eastern Gas

St

—10

Butler

Feb

Fuel Associates—

>>4%^prlorpreferred

i

.

>

„k>

*'..

^.Brothers

^ ...i,

V-i

99

175

■103% 104%

Jan

L'u

'

..

.i......

Employers Group Assoc—*———
Engineers Public Service———

-

.

44

,,^100

A3

20

44

^

'•*

/•

*

ft

36%

36%

15

35% Jun

46

_V';

,35%

37%

76

32 V4

First

National

Stores..^——

—»

—,

Gillette Safetj Razor Co

60%

Feb

60'/8

61%

145

-Feb

48%

1,195 ^

(The)

_•

44% Feb

38%

U0

40 ;r

Co, Inc—

Commonwealth Edison

54% Feb

47

„•* *

vv.iSgthaway Bakeries class.
■

40

-Class. B

'

4%

—

.XennecAtt Copper ——^•
Maine Central RR 5% preferred—100
Mathtesen

Alkali

Works,^.

;:

35%

12%

211j

22% J«n

S Sil

41

A%.

i;13%

57%

58%

50-

*27

.1X3%

*12%
65%

f;65%

130

Biscuit

10

*39

•—I——-5

52%

25%

;45

180;
14fii,

-;

48% May

-1

27%

ft5c

<,

17

20% May
T5c Jday

*3,600-

*

124%

124% 126%

—-100

131%

131% 13.4'.

90

2.50

•1%

•1%
:1%
130
13.Q

1,710

Nnrtttexn RR <N H)__——w—100
RR

Colony

130

V

100

128

30

Elgin Nat

" Apr

•V

132

■

..

.Mar

",Feb

Pennsylvania

8%
~

.50 ;*

RR

,Jan

2% Feb

130

Jifty

143,

9

335

!
-

3Jnn

]

May

f

P;
-

40%

.t 41

J40%

41%

202

40%

41%

821

•

•40% Jun
39% May

Reece

Reece

Corp

Folding

Shawmut
8cone A

.25

Machine

4%

5;?|;

•

—

—

15%

;15%:

10

2%

2%

—•

16%

16%

16%

Webster Inc

•

20%

20%

For-footnotes "see

page




21%

Apr

20% Jun

•

;

,

47%'Jan

tvJMl -;.
Jan :

}■*

.113

May '

-

<

•

.184,
'

13

225
.

50% Apr f f
jJan 1,

'25:

Feb'!,;

15% May

Jan

211

Jan
Mar-

.28% Jun

;20a Jan
6% Feb :;

.59

100

| !r

17% Jun

:

150

July

120% Mar
26% Feb w

i

*{

|

,14%4un

.

Jan'

65%,May -'

*

39

loo:

440

"

Jan

20ft

9%

;

■t":
k

.5%

' 76

v

Watch Co neve—
■!<-<- *'V ■ >-*

.

Simons'Jc

Dock

Co

-

Coimell

Dredge &

76

29%

,

6sy.

v

'

-

,

*,:•

Flour, Mills of America Ine^Four-Wheel prive Auto—
Fox {Peter) Rrewing. compwn

,..V.. 150

HM
5%:

is
9

f,.H' V "i- \i^y

;3% Jan

6% Feb

25

14% Mar

44%, Jun
'#% Feb

.

*1:

: ::.21% Jan # ':■? 34

1.700 ¥ •••;

.

;8% A4ay«M

v

*

Jun

May

Wfa Apr

15% Jun

2Q0

10%:

,-260, tAXW*. July.

-

General

Amer Transp
General Candy .class A

Vl$
Feb
12% Fun
27:, --Feb

»!

49%.-. .-05ft.- &'-Apr- a! • it A9%-July

Gibson

25 'Vf

—

General Finance Corp copunon..
-General Motors Corp common—

Refrigerator Co

T3flo~

66

common-.

.10

15%
70%

fv'70%

common——1

$5U;tM
15 Yi

9.0
200

-1% Apr
16

18%

Jun

Feb

63 *
,

v,;.;id

10%

Mar

•:•:;88% Jan
2M4 Jun

Jan ■

43y« &m-y>

.*

1.200;

<69%

>16%

Jan-

Feb

79% Feb

Jun

10

1.400

*: 'Gillette

Safety"

Razor common—
Goldblatt Bros Inc.common—-—

■

.

^ -26%
^ 24 : :

38%
25%

39

400

26%"

150

17% Jan

160

:•

v.:-30O, ■y.MV* ffm
V5 ■ visiter

14%

'48%

/

120 ;

3i<4^:v. AQO
2f

47% Apr

395

15

_JL2-i^:Apr

'

^

15%

If*.

'.V

SSIftol:4i,J23-V; ^aac^--'3R%--Jun

8.5%

;

:

if

'Apr

:A2

Q

A

***"'

—-5
10

*

18% Feb
31 y* Feb *.':

;

IS

.29%

«j»

common.

Jun

25y» Jan
4,800
38
Apr,
—jan

25 U

P 25

41%

14%

Jan

"

500

,

3%

Association

16

k«A7%,Feb
\

Quincjr Mining Co

Feb t
JanH:

/May -j

136% Jun

r 750

J

^- Fitz

25% Jan
1% Jan

.

ion
12T

•

%

1 "Electric

j3;7% May

Jan'
,

4 t

Eddy,Paper Corp (The)——m^.m
HouseholdKltU Corp—
^—5

.56% lan

}

Pacific Mills common.

.

"

36*:*

'35
14%

Badge Mfg Corp common new,—Domestic Industries Inc class A

'

Old

Apr:

:

.-81

39

9.750"

13%*"

65%
130 r

23

.

;

•>

Jas

22

v

400

22%

60 V

j(6d%^pr

;

39 % Feb

195

33%

75c

—

10%

21
;:::rl0%

100

1.440./rio;

35%

25

common

common—

t

,41
jJun
4% Jun

.

Jam,' >

100

26%

vJ22%

—

New England Tel it Tel_—

17

:

;

12%

21%

.

dan,'

8ft

Narragansett Rac'g Asan Inc.
Nash-Relvinator
JfurfeipnaJ Service Cos

North Rutte Mining—

May,

33%
■«?

X25% Jan i

-

Feb||

46

Mar e"»

38

.

-200-

!

far

•'%';•'

22"

-

t ?

9% Jan

-

200-

.

13% '13%

42% Apr

,10ya Feb

,5.0ft

•

New England Gas & Elec Assn—•
5%%- preferred

Jan

st

-

209% 211

f

5i8/4 Feb

,

;

-jmn:'

at
v££

6^99#^ API

-100 3 V ?

18%-

23%.

>-4V

Chrysler Corp common—
.Cities;, Servloe Co common

15%

f

^9%,Rua|];

k-29-;- - .Feb^ f

*"'

■

47%'Feb t

41% Apr

; • **•■■':

Consolidated
n«narAl"RlPftfirfft

26%Jan

-

.12% Mar

40ft

48%.--'
110% 111J22% 322.%,,

Chicago Corp common—
Convertible preferred

'

.

49% May :

v.

Mar

■■:*X

v-

Coleman
;

«32%^uly's

•

Jan

!

*;

Cherry Burrell Corp common^—

36%

*
1-.

'•••:

»•

50-

49%

34%

—10

—

Apr

19%
22

50

-~.

;

ev4 "Jan

J4%.Jan

•40% Mar

®5,-^

23

Pub Serv;;$6 pfd—•

■:v Preferred; ^
——
Central States Power *to Light pfd—*

>

*31

18%

Feb

A1

20% Jun

■

V

AJ»

-.-250'

35%

104% May

30% Jan

•

-2400^

23

13.%

■■

pfd—
•
Central & W UtU commonkm.
■..•..1BO0

->'

.,^,,

•

,-i'.950-vt ^20% >JafX;

66%.

49%

Central 111 Secur Corp conv

Eastern Mass Street Ry—

5% .p^d adjustment-,

28%-

31

49%

(A M) common-

Castle & Co

■

.100

600

'
18% May It

r:fe-7%^Feb|t

:.44%J?eb[j,

1,300

56

Wire clasd A pfd«,
common.

41% Jun
2

k'

'

BUrd Piston.Ring common-,——
Burton-Dixie Co$»

Jan

Apr

15%

17%' 19
56%

Common

Bruce Co (EL)

20% May

'90c

8%

100

..

^Bast Boston Co

25—,-

15

kBrowh-Fencj?

Jan

,26% Feb

••

230- t
,4^50u;,.v
-

Feb

199 % May

'

Jan

4% Jun
15<- -Mar

•

Brash & Sons <E J) capitals

Jan

.25

Mfg

Central Illinois

'cities

?

300

Bork ^George W) Corp___

Jan

23
25

.Feb

14%

.25% May'

AOO-t-

22%

22% Jan

i

16% May
18
May

43%'JanP

5

Jan
r>ya

12%

-435<Fk-'
6%
10%

•

July; ;

20% /Jan! i

:

485%iFeb';kr

45%

Binks

Jan;

20%

May

.14%

10%

f

1,950

il%

Feb

21

-

'

50

1.500

Bliss, <& Laughlin Inc conmaou—.

Jun

*91

Jan

14%

pfd jStampedw—10ft

class D 1st pfd——100

Stamped

67

13%

17

1st pfd Stamped——100

'8%
'7%

.

150

13
14

'.v

•

17%

•45%

86% May

42

14

67%

prior preferredXOtf

j5%,$)B8S A'Tst pfd.^Mn4.MwM>^..100

,17

Bastian-BJessing Co .comrpon
Mfg'Co common—
Berghoff Brewing Corp__._—

Jun

10%

17%

Belden

Apr

k

v.

300

20 V»

-: v v

■

Barlow & Seelig class A <5om«—

51% Feb

136

r

—-

.650

21 y*

common.

Aviation Corp (Delaware).

'

-Boston :& Maine RR-.

10

'12%

r

v'49% July s

Jan

14% Jun
9% Mar

700-,-

198% 198%

common

17%

.

Jun

70

,53%

Co

Mfg Co

Ath«y Products capital—
% Automatic Washer common-

Feb

200% Jun
70%

<&

Asbestos

Jun

53%

Feb

Jan
43% Jan

k200

143

52%

19% Mar

7%

Elevated Ry—

Boston

;.38%JJat

80

53%

Edison

Roston

71

i

Boston & Albany RR-

Armour

High

Ji97% 199 V?
61%
«1% 63%
;-;v
k 48 % 49%

American Agri .Chemical .Co
American Sugar Refining com

9%

:

..

21%

21'A

American Tel & Tel Co capital—

Range Sines January 1

High

16

12%

Allied Laboratories eommen
$'0:. L
"-K-r: J•?.*'' >.<:

-Share*

Last

Sale Fries

Advanced Alum Castings..
Ball Bearing common—

20% 4

15

Corp

49% Jiuly

4

250

20

Aetna

Sale*
for Week

High

*

Gossard

Co

(H

Great Lakes

W) common-^—

j> to D

common

'>•22%

23%
22%

.400

..

kr':;4,';":^en-:

Hall

k 19% Feb
'23% Apr

Hein

-10
Printing Co- common.,
Heileman Brewing Co G capital—
Werner

Motor

Parts

'-

Ribb Rpencer BartJett common

184,

if

-V;

28%

46

46"":

22

46

22%""'

400

28%

28%'

300

70

11

.

,

100

;

250

17

•

Feb

r

Jun

21

$$%* Jan 1

■r:

■>

.....

.

32

.

.

17

^.-16%

-

;

•

.42% Apr

•

"250

24

Yd»;*"*•^

■:& —T ? •• ••<£$
24% Jan

30% Jun
27
Apr
35% Jan

vt

Jan

Apr
Jan

55% Jan

5

46

July

24%
-33
•75

Feb

-

May

>

Jun

'

Volume 164

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4505

OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDING JULY

£$£

/

Friday

Week's

Sale Price

fw
American

Laundry

American

Machinery

^,

,

Products

lout

v

^20 ,'

T

Participating preferred,
Baldwin

........

Burger

"

—...

Brewing

,

21

—8
.<,

,

21

24ft

>17

-w

Carthage MillsA

4

24ft

—•

—

—

Ball

Cranky

<

46

si* 11%

110ft

110

110ft

104ft

104ft 104 ft

20

12

AAA

81

-60

Telephone

Cincinnati

Union

104ft

Yards.—. —*

Crpsley CJoyp.
Dow

17

-60

w

Stock

k

12'/a

—*

Drug

17ft' 17ft
/104 ft 105ft

—

Jun

17

July

'

'

Jun

•'■■109ft

1

••': 115

Feb

110

Jan

20

May

106

May

'

14-

Jan.

221

x

46
July
13ft May

i

/-'-v

Jan

95 : May

89

Mar

10 ft

Apr

192

29%

May

25

5ft Mar

:

•

21

*

400

;

13

29%

;;

:>

Mar

Jan

45

,

75

—20

Allft'

^

Cincinnati

,

6

17% Jan
14
Feb

.

33;

■—8

46ft Jan

Jan

13 ft

100

,

.100

Cincinnati' Street'

1%

.

20

High^

v

40ft Mar

5

17

46

—

32

,

Cincinnati

Cincinnati Gas & Elec pfd_l—
c n o & t p

V;;

142
'

4

:

Range Since January 1

^;:3tos®»' v^'.

44ft

21

.

.

Shares

atoh

43ft

—

::■

Sales

of Prices

60

,

29% July

13ft Jan
38% Feb

V

...

•

v1

,

/„t y.(f

;

t

;>*

Eagle-Picher
Fonnica

Hobart

Insulation

class A —..

Kahn

Kroger

—

Leonard

'.—.——A

Lunkenheimer
National

Pumps

Preferred

Procter 4s Gamble,..,
Randall

class

U S Playing
U

S

a

.

Card.

Printing

,

Preferred

Unlisted—
American

Rolling Mill

•'

•:

•

Cities

Service

City

Ice

*

■-

•

———

Fuel_

&

Columbia Gas
General

Motors

Standard

28% May
53% May

—

Brands

Roller

Timken

Bearing.

Cleveland Slock
~

:

-

Bale Price
f-y,

July
34 ft July

Feb/,

18 ft

37%;jttt

4*

25% Jaif

•

5lft Jau
101 ft

Feb

v.,

'

Feb '

79%

Jan

Lota, High

-

American Coach 3c Body.*—•——5'
American'1 Tel & Tel'
100-•

22

—

■

40

Brewing Corp of • America£-.._£r,,—.15
City Ice & FueU.—
•
Cleveland Cliffs Iron preferred
Cliffs ' Corp -—5

TJay

120 j. May

Consolidated

37'A May
87 ft Feb

Electric

'

v

Natural^;Gaa_-^^^-15 "

Controller

Railroad

£

a34ft a34ft

—

103'

31%

(Un)

0

•=

25

5

.k»;v

common

(B F)

(Un).—

;

common—-i—

;'.r >"

.v\

'V

'

Gray Drug Stores
Greif

Bros.

Harbauer

new

——

.

12ft

.

,;17%r;l8/^'/

300

"20ft/Apr "

16% Jun

—1

'l?-'

* '"r ' i'

* :

| —'

14-..

'

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•• -

46%' 48

14ft

•.

^—1

46%

r

..

r:

July

51% Feb

Lamson & Sessions

•..

-

•

uoft^pr

' 200

13% Jan

.,"7%

-—-1

l^QQOr

;

7^18

7%

;

^£.8 ' v-82%v

u'

'

1

%

9ft

—2ft

8

-

70ft

}

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32%

'

32ft

J5ft
38ft

40ft

18

17%

-

78

—

_13

-

78

.1
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36ft

;

i2Va :

r

36ft

38ft

12ft. 12%
5%

.6




184.

200

: 18%'; 18%

5v

'14%"jun

__

2.400

-

•

-

-

.

.

16

Apr

,

400

-

27ft- Feb

...

1.400
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100

Apr_

5
May
"66% Jan

17

<

:V

<-»??*

,205

-

-

(; 135
y;*

:

\-yvJlv.fi

37 ft

-75'-v>»36%

50

,68

Jan

56ft

"

Feb

Jun

88ft Apr

B

20ft

20ft

•:6ft

»

7;'v)^'i"v

•

%

'

W-

Electric

Steel

r

&

t"

a27%
39

—

40

a41

-50

Eng

29%

'

I

(Un)

6%

a39% 40 ft

—•

—

Richman

53ft

•

(Un)
i

15%
13

13

*

....

Mfg

Republic

15%
53ft

y

.

a41%

•

5

Bros

A-

.

«..,.•

W

.

(Un)

/-v./..

U

S

Oil

Steel

of

•

—

•

Seiberling Rubber
Standard

•

'*

«

^

..

*,

,

•

09

*

—

Ohio

common..

(Un)

09

..10

a28% a29y8

•

a90% a93Va

2

World

*

Publishing

Youngstown Sheet 3s Tube common-.*

Feb

JafiL
Apr

!

Detroil Stock Exchange

18% Jun

.

9

Jun80% Jan ■>
Feb ty ;' 60
Jun I

"

4oya July

19V* May

1,100

Feb

69ft

f-

•

Corp of Amer (Un)

Reliance

52

Jan

,44"',,45
50% 51%

-10

Warren Refining & Chem

82% May
36% May /

i» ",

—

*

16% May
32 .v.; Apr:

28

.

21% Jun'
30
Jan

62% Feb

«

.

Apr

a49ft a49ya

•
—

&

"A '''

Radio

Jam

83 ft

28% May

100

»

Oil

\

25ft Jan-v

67^

-■

Pennsylvania RR

37/. Apr a

58ft Jan,

1.000

-

18%

.

.

__

—50'

page

9
May
18% Jun

-

18ft
78

44,-

Ohio

Jun

Jan

45

^

al7% al8

•

Cement

class

Brass

Packer Corp

'^Jwy'V-

100

__

-

;
v ,

,

-Jvm

32ft July
59ft Feb
20
Feb

100

15ft

38'/a-

.

"For footnotes see

200
100'

.

' 27 Va

:-

1

«
»

62% *62%

—*

20% May

*- 3*

1.300

9ft ' 10y8

——27 ft

r»*—l

<

;

'r.A%May

-

400-

70ftw 70ft

w

—•

^7%MaY-

:

National Tile

20 y. Fen

38% Feb
500

;•

—

-33ft

«—25

*

'

.-J

23%
25ft"26ft

:

-

.1,40.0,

*

22%

;

;

f.

|3ft ; Jun

? ■

Portland

.V-

42

v.,,

299

1'VV'

r

1

& Laugh lin
Kelley Island Lime 3s Trans

Ohio

Apr

'23ft-Jan

66

ft77ft,a7?ft

•©

*

Metropolitan Paving Brick

16ft Apr

14

"

J8

—

——•

800

li%<:i2ya>

•

—4—4

^—19

"

'

25

a55% a56ft

.*

—

-

Jones

.

—• :

(Un)

't

45% May

.200

*

•

Map-

75

-

•

(Un)

com

Steamship

Medusa

'

J.

Iron

Interlake
-r

65Feb
30/'•;A/'16 1 May
50
28% Jan

~60

—*

Industrial Rayon

.,18ft Apr ?^y-25% Jun
lift May
13% May

34ft Feb

42% Jan'—

•:

•
44ft JunVv
'
July '

•'

"1 £*

Co

Interlake

25ft A.,, 500
12«/4 :
100

.:

'103

L*

Cooperage class A

V'-;;v

y\

v<-

■

JanT
Feb '

26ft'Jan

1,091
-9--

40

—'-:.-K'a51ft a52
'

96

30

/:A..a?lft a72%
—

• i

■

28ft

a47y8 a48ya

__

*

Co

Goodrich

■:

_

-78ft May
22% May

vMay

Friday

■

Week's
Range

Last

38ft July-

1R

:

> 6% May V
voey*. Apr

BaleFrice
Par
Allen

Blectrlo

-

1

of Prices
low

5ft

..

Sales
for Week

Bangs 81nee January l
lo»
Biql\

Shares

Hiah

5ft.

750

.

7ft Feb

4ft Jan

>

•
.

J

*91" 'May

-

a73% a73%

*

General Tire & Rubber common...

15

69

-

l?Jan /!,.

*'72

260

32ft-

39%

,

Electric

Glidden

v

al7ft-al7ft AA/
v

(Un)_—

4

*

103

31%

69

General Motors""'

,,..25

16ft Mar
25ft May
185ft Feb •' *200y4 Jun

126'

-

/'

^ ;-a53%tt54ft '

- ^

•

Firestone Tire & Rubber

General

102

'

Faultless Rubber

j.,

trl98% *

High

-'23;—"5ft- Jan/'/'A Jft'" Jan//
*50

.

~ a90ft a90ya

,

Erie

1

ttnr
' ""

22ft

al98

...

Range Since January 1

t

Feb!

61ft May

25 ft

Sales
for Week

of Prices :.i Shares

(tinr;:'"a6ft .'a6ft

Alleghany Corp
45

;.w

■

Exchange

Week's
Range

Friday
Last

Mar

Jan

65

STOCKS

38

Jan

80

Pure Oil £♦

Apr:5;'. '19%

May

Baldwin Rubber

Brown,

McLaren

1
j-_.1

'

—

16

16

r;;- 3% * -3%
.

160

T700

;15ft Jan
.■ 3ft May'

-

,19
5

„

-Jan
Feb

|

■%
?

ral commercial ^fiMNcial chronicle
a

r^j r!-> */

t

Vf

;♦'

VV' ■'"•c-'-fvr

Monday, July 8,194$

r.-^i

OTHER STOCK EXCHANGES
v.

RANGE FOR WEEK ENDING JULY 5

f}

.

Week's

Sales

Last

Range

for Week

Sale Price

of Prices

Shares

STOCKS—

High

CO.

WATLING, XERCHEN &

& Merchants Natl Bank

Farmers

Television

Farnsworth

Fitzsimmons

Member*
New York

New York Stock Exchange

Detroit

Curb Associate

General

'

Holly

Development

Hudson

Range

Share*

Low

Par

1—10

Detroit

10
7M»
20
Iron—^—*-5. v;5 %;-V:

Edison

common

Detroit-Michigan Stove
Detroit Steel, Corp.—

——1
—_
2

Fnemkenmuth Brewing
Friars Ale.''——

' 26%v

6
3..

——

-

Low

General
Geiity

High

16% Mar

21%

Jun

Lincoln Petroleum•fin.1yr..T

23

Feb

Lockheed Aircraft

7%

3,110

7

27%

i5%

v.,

6

3

3y«

«% Feb

Apr
Jan

28

,

'

-

-

500'

Mar

125

May

16

23

72%

394

7%

7%

5,045

7%

7%

400

80

6

11%

11%

——1

LaSalle Wines

McClanahan

Petroleum

200

23

100

22■% Mar

30

332

27%

Feb

'

Jun

34

3%

3%

620

41%

20

100

41%

—

National Stamping

175

25%

Ranch

Rice

Jan

Jan

Corp

X:'Xk'0XXM

3%

Jan

21%

Jan

600

4

Jun

.9

May

5% Jan

1,625

,7%
46

36

175

6

1,220

5% May

660

7%

7%

1,115

4% May
6% Jan

;y?

.

_

12%

18%

19

uX,'* c'-i> .-"i.1

;•

Standard Tube class B common——£l

6%

r

1

T,

*

,

Tivoli Brewing

1

—

.:

6

Pacific
Oil Co

i

..

13% Jatt

16%

Distributors

Textron

9%

17
24

July

8

Inc

Co

class B

Mar

17
24

Jun
July

18%

..

.

———*

18%

150

13

16

200

13%

4%

4

Wayne Screw Products new com

3%

,

5

3%

.1

Warner Aircraft common

400

3%

'

Mar

64% Jun

! 11% May

9%

548

87/8 Jan

5,708

52%cMar

1.20 May

110

14% Feb

20 V* May

10

25% Feb

*

566

41%

320

14C

15C

85C

82 %c

90c

19%

19%

90

•

-

1

34% May
48% Apr

53% Jan

100
"

69

330

Mar

Feb

16c

Mar

19c

11,900

65

:

Jun

8c

19.500

90

Jun

Jun

90

July

1.00 Jun

17% Feb

20% Jan

21

26

*

50

a25% a25%

1

—

Feb

Apr

39%

39%

323

33% Feb

39%

Jun

31%

32

397

30% Mar

32%

Feb

a30% a30%

,

24

29% Mar

31% Jan

m

65%

T"

; ■:

66

410

55% Mar

69%

54%

54%

374

42%

Feb

59

12% |ii|2%

12%

1.370

.7% Feb

14

25%

25%

435

18% Mar

20%

20%

1.378

16% Feb

28

28%

912

mi Feii

23%

24%

370

21

a24%a24%

50C

common.

12

Jun

May
May

25%

Jun

.21% May

inc

4%

16

Jun

28% May
27%r'Apr;

1

—

—

Jan

-25% May

*

33% Jan

13c

May

21c

Be

May

20c
Jan
2.80 Apr

Mar

Gold Mines Co————10c

14c

14c

1.000

Cardinal Gold Mining Co.—1
Cons Chollar G & S Mng Co—-,
—1

July

6% May
4

10

Mining Stocks-*

20Y8 May.:

Jan

3% May

1,840

Feb

10

<

f

—

Universal Cons Oil Co.—

lie

11c

1,000

2.25

2.25

100

7c

70

1.000

7c

July

7c

July

6c

7c

21.000

4o

May

Be

Jan

lOc

May

24c

Jan

23

Feb

Calument
&

Walker

59

40

Jun

Jan

9 Vs Mar

1,000

44%

44%

Union Oil of Califorhia^.mMmMJS!9

26

11%

550

20%

Feb

Jan

25% Jun
5
Mar

16

—,—__1

U S Radiator common—

16%

24

1

common

United Shirt

45% Jun

k'82

•

Company..

Western Air Lines

Udylite

I

,

Jan

,

60

*

\'i-

2.70 Feb
m;

41
42%

202

a33% a33Va

Transamerica

10<H

Jan

15% Apr

1.35 Apr

172

•

—

of Calif

Oil Corp.

Sunray

19% Jun

1,350

37c

Apr
11% Feb

95ct|1.10

9%

32

Standard

6% Feb
8% Feb

Jan

Apr

1.50 Jan

al9 al9 %

9%

39%

Apr

6%

Jun

10%

17c

14,381
;

45%

a29% a29%

al9

25

Mar

150

26.
6%

26

6%

'

•*

•

...

6%

.

.1

Timken-Detroit Axle new common—10

6%

1.95

a63% a65%

——

Calif Edison Co Ltd

10

370

75c

Jan

8

200

1.65

—

25
preferred class B—;
5%% preferred class C— ——25

Southern

m

1,015?

%July

Feb

1.00 Jan

16,200

14

a44% a45%

-

Bolar Aircraft Company

..

12%

8% Jan

;

Jan

7

•

25c

14

10

Sinclair Oil Corp———————

$<

Feb

7% Jan
47% Jun

Jan

5Vs

|

May

5

12%

23c

25c

45'/a

Signal Petroleum CO Calif—

5%

■■

150
100

1.90

Signal Oil & Gas Co "A"

110

4%

12%

1.25

37c

Jun

1.75 Apr

Jun

—

3,825

586

2.25

42% Jan

% Jun

44%

17%

5%

a.10

;.v 9

Sierra Trading Corp.....

5%

—

9

1.25

I-I30

Apr

4%

5
.

16,900

a44%

fitnrM,
Company

Jan

46

..

75C

Sears Roebuck to Co—

Security

8

10

Feb

1.05 Jan

1,220

.3,677'

%

70c

95c

5

7%

.*
1

■

common-

6% Jan

Mar

5%

xT.

70c

common—

3% May
2% Apr
17

20% Jan

31% May

600

1.15

Feb

1.15

213

5%

—

300

——1

,

Sheller Mfg new common

■

Jun

42c

(v

600

10

fttipgiW'•' vv■

Bcotten-Dillon

Jun

1.53 Feb

Feb

17%

3,600

1.15

•

Southern

;:?■

1.05 Jab

20c

;

"

1

.

7

4%

—

—2
Paper—.....•

River Raisin

Jun

1.95

■'

3%
2%

v

2.05

32%

Ttf

28

.

•

2%

(H W) Co

Rickel

50

1.90

5%

Oil Co

Oil

ffefewAy

45% May

vM

Packard Motor Car——.—-—__—
Park Chemical Co common.:—
,.—1
:

5,900

1.90

-X

common

Republic Petroleum Co

Jun

4

2% Apr
35

Elec

17%

ipfrjdx v'1 vW''

Parke, Davis
Peninsular Metal Products

100

1.35 Mar

500

390

&18%al8%

._1

Pacific Lighting Corp commonWestern Oil Corp.—

Jun

Mar

to

7

__

——2

...

_

1.20

356

1

3%

2

17%
\

,>•f

May

'

1

Pacific

Jan

15

.

f V

Gas

6% 1st preferred

|

Feb

28

Co.

"7-

Pacific

Jan

Jan

8

165

24%

24%

——1
—i

Oil common—
\"X ,\'y <

A,v,»

50

I

Company
Corp

Oil

Oceanic
'-'

26% Jun

25

13%

Jatt

Richfield

—

Murray Corp
i

Jan

46%

,

'

',

7 .

1
10

—

—

Products—

Screw

27

44%

—

Corporation, Ltd^—
Northrop Aircraft; Inc—

:

Masco

1,725

Feb
Mar.

iX'V

8% Feb
15%

24

13%

£.

v —
•

1
——

Mar

32%

Monogram Pictures
Mt Diablo Oil Mng & Dev Co

8% Jun

.

10% Jan

110

29%

••.'—•

——-1

———

Jan
Mar

25

—

_

Hudson Motor'Car

Klnsel Drug

• •

24

RooVer Ball to Bearing————10
Hbndaille-Hershey common

.

Mar

5

7%

——I,

Kresge (SS) Co—

33

-

■

Merchants

Feb
July

42%

70% May

72%

7%

Motors ———
—10
Michigan Die Casting-—
1

King-Seeley Corp

Mar

61%
83

Jan

4

41% Feb

450

—

28

38c

--'inn

-

Rights."

6% Feb

42%

:

25

46%

1
Manufacturing Cov,,,,1

Menasco

27% Feb

4% Mar
2% Mar

1,600

17

23

342

Jan

23

y-':-,-

3,700

1.65

Cnrp

Mascot Oil Company

Apr

I Feb-

1

5% Jan
9

150

6

/

7
25

1,389
-108 ^

27%

42%

•

Apr

Feb

1.85

>

1

21V« <Jun

22

HUtd Lock & Mfg

76

*

May

1.15

Lane Wells Co—

100

*

„

79%
30

a29% a29%

r~10p

s

100

*

Graham-Paige

Jun
Jan

50

Corp—

20%

Mfg class A—1_.—

Gbebel Brewing

20% Jun

.

69 Va

21%

123

*

Nordon
Class

Jan

942

a96%fclii97%

Inc common—„6%

21%

B

GCittmer

10%

200

Jan

19% Jan
v $ X .15 y« Jun

a66% a67%

1.80

Jade Oil Co—

Range Since January 1

High

13%' 13%
!
26
26%*:

,

1

—

18%

X 750.

High

385

Apr

200

a66%

—

21%

—-

Dfctfolt to Cleve Navigation.
Detroit Gray

18%

;

72%;vU;73-

Co

20%

Burroughs Adding Machine..
Consolidated Paper

'

15

Low

No.

.13% Jun
8
Jan

for Week

•f Prices

*.305

15

*

common—

Petroleum

Intercoast

Sales

Week's

Last

®**# Price

T4 -14%

.•

common

Motor Car Co

Hunt Foods

vvIWSay

15

:

355

20

•.

Telephone: Randolph 6530

■

1

A

Motors

Paint Corp

Hancock Oil Co "A"

STOCKS

v

Range Since January 1

Low

360

360

■

Goodyear Tire & Rubber Co

DETROIT

ford Building

'

Corp *.(The—■w—JJ
Corp common
10

Garrett

Chicago Stock Exchange '

100

Radio

&

class

Stores

General

:

Stock Exchange

Friday

2.05 Mar

Apr
Gold

Mining Co———1

Ore

'

Imperial Development

Co————25o

6c

13c

—25c

2endb Gold Mining' Co-.

•

3,500;

15c

Unlisted Stacks—
Se Stan San Corp—
Smelting & Refining Co..

Amer Rad

COMPLETE INVESTMENT

FAIRMAN & CO.
Member Los

Amer

AND BROKERAGE

FACILITIES

Mining Co——

Listed—Unlisted Issues

—

66% Mar

186% Feb

a48% a49%

1,397
50

10%

10%

Direct Private W!re» to

West 7th Street

210

i

^

Baldwin Locomotive

«

—

33%

170

Sale Price
Par

Aireon Mfg

Low

n%

11%

50c

Corp—

Bandlni Petroleum Co

4%

..

Barker Bros. Corp. com new———10

Barnhart-Morrow Consolidated

1.00

Berkey & Gay Furniture Co———1
Diamond Corp
2
Bolsa Chlca Oil Corp—
1

90c

4%

Blue

9

9

Pacific Railway Co.

^5

—

56%

56%

11% Jun

50

3% May

100

4%

35

245'"
3,700

..:

1.00

600

4%

200

4i/2
93/3

Jun

6% Feb

2,200

5% Mar

800

6

Apr

May

High

17%

Commonwealth &

Jan

-10

Central

Investment CorD—

Cessna Aircraft

—

6

Jan

Class

Apr
7% Jun

70

31% Feb

GO

41

Jan

45

33

31%

32

430

1

7%

7%

110

31
May
6% Jan

129

129

130

120% Mar

Colorado Fuel & Iron new
5%

*

__

a

May
9% Feb
.

375

16% May
20ya May

37%

335

34y2

Jan

45%

Co—-———5

Creameries of America, Inc

i

27%

*

Aircraft

Dresser

Industries

Co—
(new)

•

,

50o

.

—

'

Electrical Products Corp—4
& Equipment Co

Exeter Oil Co, Ltd class A




15%

5

1 ;

—

'

*

126

26% Feb

41

10% Jan

13%

28

400

22%

Feb

31

230

18

23%

•

—

—

Corp————X
Ry Co preferred-—

190
65

20

75

31% Feb

1,290
36

17

15

15%

I4ya

14%

2.55 ;2.50

2.65

90

May

98%

•

Mar

33%

•

Interlake Iron

a6l%

100

14

Jun

13% Mar

;
*

60c

May.

35%

Jan

'

Apr

5% May
32% Jan
23% Jan

Jun

International Tel to Tel

of Canada—•

39%

Corp—.—*

a22%

•

7%

Inc

...:

2.70

Apr

■

•••:.-

i

Jun v"

McKesson to

2

19% Feb

26

220

51% Feb

a51% a54%
a76
a76

May
56%. Feb

40

46

78

al2

18

-

410

39%

385

a22% a23%

60

39 y8

77% May
15%

Apr

59%

145

Apr

-63% May

77% May I
10%

160

a61% a62%

\

Apr

Jan

62% May
'

13% Jan

20% Jan ,.;

36% Mar

41%

Feb

Jun

31%

Feb

Apr

23

58

58

250

50% Jan

60

13%

15% Apr
407/a Apr

14

1,075

11% Jan

35

33% Jan

Robbins, Inc.——1..—.18
•

a51% a52%

95

47

Montgomery Ward to Co, Inc—

I

a23% a23%

20% Feb
16

Feb

33% Feb

'

a35% a35%

2—7

Apr

12%

Apr

20% Jun

25

...—*~~~—-——*

Libby. McNeill to Libby—

40

30% Jan"

50

325

a46 % a48 %

18

Corp.——*

International Nickel Co

Jan

1.965

Jun

11

" a47
a47
a35% a35%
7% *7%
a20% a20%

Apr

24

21.592

Feb

31% May

2% Jan.
27% Feb

50

•

Feb

50

'

Mar

5%

all%

Graham-Paige Motors

Jan

24

169

a86 % a86 y«
25% 25%

r

54% May

Feb

12

Apr

a

■

51% May
78% May

.

Loew's,
Emsco Derrick

—

__

*

Kennecott Copper Corp—.———

Douglas

—

a46 %

Goodrich (B F) Co——

Feb

27%

37%

..
-

136% Apr

20%

al7%

20%

•

73% Mar

5

ki'

.5
..1

General Electric Co.—

Jan

371%

17%

20

preferred

Consolidated Steel Corp———

22%

45

a24% a24%

a24%

-_5

A

Great Northern

5

Chrysler Corp

18% May

25

al8% al8%

5

-1

„1

Electric Bond to Share

70 Vz May
40
Jun.

—100

Company

III

Vultee

'•

310

a35% a35%

—

■

'

335

a28%a28%

*

•':

'

-77%

97/a

a35% a35y»

Packing Corp common..^.*

a38%

125

Southern Corp.

General Foods Corp

California

:

is

12

Continental Oil Co (Del)——
Crown Zellerbach Corp.—.
Curtiss-Wright Corp ————

Jun

2,077

Jan

50% Apr
112% Feb

52% Jan

77 y«

—

Aircraft Corp
...
Continental Motors Corp—_—X

Cons

.

1.15 Jun

57%

48

Feb

6% Jan J
41

843% a44%

*

—•

Commonwealth Edison Co——

Range Since January 1
Low

98

a38% a40%

—

.25

Columbia Gas to Electric Corp—

Shares

-

Jun

20
20
a5l% a5l%

—

Co.——

■

11%

5%

_

Broadway Dept Stores Inc common—•

I

Commercial Solvents Corp—

for Week

High

a377/s a38%

__

1

Byron Jackson Co.

of Prices

■$!$•

J

Apr

5

—

..5

Corp.

Cities

Sales

Week's
Range

.15

Caterpillar Tractor Co
Service Co—————-

Angeles Slock Exchange
,

30%

Jan

49

,

,

Case

Last

a53% a53%
a55%a557/«

38% Jan

22%

165

..

»

Borden Company

Canadian

Friday

160

Jun

14% Feb

30% Mar

25

a48V4a49%

all0%all2%

.—5

Aviation

Feb

119%

«

LOS ANGELES 14—TRinity 4121

STOCKS

a29% a29%

.—5

Corp.
Bethlehem Steel Corp—
Bendix

Borg-Warner

Los

—13

Works vtc—

Barnsdall Oil Co—

SCHWABACHER & CO., SAN FRANCISCO

YORK

Jan

9% Jan

;

ALLEN & CO., NEW

81

18% May

12% Jan
109

241

—

68% Apr
194% Feb

43% Jan

336

17%

17

—33%

—3

——

17% Jan

50

al99

all5y8all5y8

17

.100

Corporation

al93%

—

5

(BD——-

AT&SPBy Co
Aviation

al98%

308

a67% a67%

..

—50

Anaconda Copper
Armour to Co

Angeles Stock Exchange

—•
.100

722

20%21%

——

American Tel to Tel Co-.——..

92%

93

:

•

406

Jan

76% Jan

May
99% May

51

f

Number 4505

[Volume 164

THE COMMERCIAL &
FINANCIAL CHRONICLE

OTHER STOCK EXCHANGES
RANGE FOR WEEK ENDING JULY «

>>> 7 vi;,.Friday

■0; Last

Range ■■.; for Week

Sale Price

Par.
Central

York

New

American

North

American

;,,Js

i

;

»f

Oil

Packard

^

1'

Co
v

*j
Car

low,

,

14J/8 14%
a33% a33%

50.

.

f.

—20%

v

Co———.

38

.._

Paramount Pictures,
Inc.—.—
Pennsylvania Railroad Co

H-&

m£t

—50 i

Phelps Dodge Corp——.
Pure; Oil,. Co.—

a41 ;

—25
r

.

....

72

60%

Jan.

!

78"%

Co

,1,121
530

Candy__i___
Columbia - Gas & Electric common.

Feb

-

;'7;v;

r 77

..

46% May'

,

14% Jun

■'

'

.

,v

1

"7:-

12
1

iJt>

Radio

Corp of America—.—
Republic Steel Corp.—

•.

•

Seaboard

Oil

Co

of

*

Del

-•

(Ind)-,

..

(N J)

25

Btandard

Oil

Co

Webster. Inc-—-~—
Studebaker Corp —
'i '• L7

Texas

y

t,

a77% '
—

Tide Water Assoc Oil,..,,.;.,..,..
Union

Carbide

Union

Pacific

&

Carbon

U

—100

—

38<

38

Brewing-—

65% Feb

580

rT

Feb

Mar^

•

'f 19% Feb"

400

all3%all3%

—

al51%

5%

10

•

80% Feb

-1

Woolworth Company (F W)_—

.10

;45
■

96% Feb

San Toy

&

United

Olass^—

/

"

a20%

a57%

7

17

Bolt

9%

•

...

—100

®

10%

1

66%

•.

L

>,u

8

28% Jun

«*«»1

common.

vtc

'

1

'

8% Feb":
80 ;
Feb

•

Jan

"

14%

Feb

70

Apr:

Jun

,

25c

39%

241

33%

33%

,

,

V63%May
1% May

:

?2%

2% Feb

July

60c

5% Jan
.5% Jan

100

40%
34%

•

io% May

;15

39%

;

Jan

'48%

405'

1

V

4%
65

9,200

,

Mar.

39% J UP

125

30C

i3ya jun'
2% May -

7 ■

175

22%" 24%
22% 22%,;

■

—

—'

com. —12%

'

17% May

6% Jan

4

2

.

25c

21% July

Jan

.10% Jan

,

300

9% Jan

•

340,

>

,

*

28% May

•;

41% Jun
39% Jan'

5i%5Ky:
"

32% Mar

375

Jan:

j

32% Mar

,7

a56% a57%

St. Louis Listed and Unlisted Securities

Philadelphia Stock Exckange

STOCKS

Friday

Week's

Last

Par

American

Stores

—•

& Tel

American Tel

—....—

Locomotive "Works

Baldwin

t

v

.100

of Prices

'■*

-

—

198%

Low

Edward D. Jones

Sales

a

Range

Sale Price

for Week
:

Range Since January 1

Bightv

36% 28%
197% 199

Low

75

-

27%

746

185%

&W.

38%
'

Budd

83%

Apr
17% July

Co W

Rights

;

—
■

Chrysler Corp •..^i.„<.W..<.l.,<„..M.;yi.»,.
Curtis

Pub Co

Delaware

common

Power &

17%

Power

Pennroad

%

17% July

26%

&

Penna Salt

&

American Inv

14% Mar

17%

Jan

Bank

9% Mar

12%

Jan

Burkart

9%

Jan
Jun

47%

Manufacturing

Philadelphia Electric Co eommon
;. $1 preference common

Coca-Cola

Emerson

May

Johnson-S-S Shoe

35%

Feb

24

Feb

4

21%

40% Jun

^

27% Jan

41%. Jun

.

f

5% May
July

v,

,

:

46

Shoe

•

common

Jan.

8

52% Jan

43% Jah

common—........^..1

5

/lo

J1'1

<

>r

1'/ft*,*

,Jl'

v*

,

20

•

'

Feb

15

-

Mar

Jan
Jan

.

Jun

50

Jun

27'

Jun

.

com

.5

—;

10

Laclede Gas Light common
McQuay-Norris common

50

Feb

; 9
; 40

Jan

25

*

common

Laclede-Christy Clay Prod

78% Jun

Jun

.

Knapp Monarch common...—.——*
(

10% Jan

Jun

Apr

.—.100

Johansen

*

Jan

31
17

""'A %

•.

Feb

4

r

6% Jan
25J/2 Mar

9% Jan
35y« Jun

Blanke common-—
*
Mo Portland Cement com—J25

23

32

24% Jan

30% Jun

Stix, Baer & Fuller

participating
Mining
Corp

Jun

55

1

common

Jan

59% Mar

„

8%

1

common

46%
33%

common

Invest

9% Jun
46
■.

5

Preferred,

Tacony-Palmyra Bridge-

Transit

Jun

...

•-•/v;'1

:

,

Electric
Shoe

International Shoe

32% Jun

Tonopah

Jan

.10■

common..
common

32% Jan

„

Motors

A

15% July

Mar

47

'7;:. ■■■>; -;.7, j1 •.
Hydraulic Pressed Brick common—100

pfd...........
.^r^t

Oil.

8

35

15

■;

;.

121% May

Class

Bottling

Brewing

Feb

General

preferred

.

3

common

common

High,

Mar

11

Mfg common..——1

Century Electric CbWwWW

31% Apr
32% July

-

Paper

Shoe

Columbia

Corp
Reading. Co

RangeSlneo January 1
low

—1

.

Light

Philco

common

Buil'ding Equipt

Brown

Light

Phila Elec Power 8%

•

7;

Par

80% Jan
70
May

-

49% July

.

Curb Exchange Associate

55'/a Jun

69% Jun
40% Feb

7-'

^;£pi

CEntral 7«00

Bell Teletype BL M

~

Apr

49% Mar

new.——.

Corp

Power

10

32

Jan

59% May

lb

42% Mar

49% May

Meyer

common—

.preferred

United

Phone

.?•<;.

Chicago Board of Trade

Jan

26%

—

27%

Scott

'

Jun

Pennsylvania RR

Sun

'

7

Brothers

National

Reo

;

140% Jan

22% Jan

Lehigh Coal & Navigation

4.4%

^:

;

-

Motors

Gimbel

Penna

'

:
-

26'/4 Jun

117% Feb

Light

SlectriQ Storage Battery—
General

126%

New York

May
May

121
_

^ Jun r

-

Chicago Stock Exch.

Jan

135

,

77

New York Stock Exchange
St. Louis Stock Exchange I

Jun

200%

Mar

Members

45% May

-

Feb

95

300 North 4th St., St. Louie 2, Missouri

High

Jan

30% Apr

Bankers Securities Corp com—.;
Preferred

.i

Co.

&

EstabUshed 1871

Shares

Wagner Electric

.......»

Corp common
:

83 "^preferred
United Gas Improvement

common

common

Jan

;

Jun

Unlisted—

General

Electric

common.

General

Motors

common.

CANADIAN LISTED MARKETS
RANGE FOR WEEK ENDING JULY 5

Montreal Slock

||l

Exchange

i

i pi

Friday• > Week'e

"LmIRangeSale Frist
-

r:P:i :v l'\

® ^PCK8

/7v

r

:

,

^Friday-

,

/ -/ Week'a..

-tas*
7-:

r'

7

>

,4.

v'

7

7=

.f

Alitibl'Power & Paper:new corn——*.
v
New $1.50 preferred—
.20
New $2^0.-preferred—...
L-i——29

r*

19
*■

Steel.common.w.—^w—•

Aluminium-Ltd.

v

Corp

—.

4%%

convertible

Ashdown

Cnrp

22

v

•

.22
212

20%

100

,

.

212
26%

Low

.High

Brazilian

Trac

"vt-n

Mar

22% Jun

British 'Columbia Power Corp A

21%;Ap?
40
Apr

Bruck

75
1550

38

25

22

340

t

41

»

26%

145

'

270

j

'

■

37'/4 July
20% dan

"

*

?

24

-

Jan

103

Jan

29

Jan

40

May

20%Mar

26

Feb

100
130

-

26%

Jan

227

Jun

27

Silk

Bulolo

.

Jari
May

see

Cement

Preferred




184,

'-►rfrtVw «<V-rriV*.t-'

.

-

r-

-197-

-2,104

Northern

27

■

Foundries
Power

&

Cable Co.

-35

/May

5% May

29% Jun
24 % Feb

131.

155

Jan

>16

—

'

Jun
Jun

14% May

r."/•?."•'

"

*

*

V

18% Jan

22% Jan
53

88

May
Jan

47.
;

„

,

47% Jan

20% Mar

common

'25% Jun

Jan

26
common

Jun

35

July

9% Mar

class A.

—

Bronze

*30% Jan-

''

'Jan

12%

J.

B

Apr
Jun

-

14% Jan
—

preferred

Class

216

19% May '
23% Jan -

pfd.i
Corp..

Canada Steamship common—
5%

Jan

•20% Jun-

"

'-

Jun

Biqh
24-

-Feb'

181%

common

Canada

Low

19

19

——.1—

Iron

Canadian

page

Range Since January 1
-

Mines

Canada

Preferred
For footnotes

207 /

22%- 23

-....

1,635

3% Mar

Canadian Breweries

Hardware

22%-

205

;

'

>•

-

>

i

23

Mills.

Gold

Canada

1 103

-

;

22%

Shares

High—.

Building Products class A——.

106% May

May

206

Xour:

Class B

Canada Wire

preferred.
—1..—..

Light A Power—

14

-

.22%

—

18%Mar

10

100

213

.fttngeSinee Jannary 1 •?

.

22%

:

..

i

i—

4,477

•

106

38

22

.

100

.

Telephone

1,940

'

38%~—-•

106

Bell

.

19

.

Bathurst Power & Paper class A..

,1

common—

Warrants
Asbestos

37%

__

:

Aluminum Co of Canada
Pfd——100

Argus

-37%
—

-—100

—

18%

22

Agnew-Surpass.Shoe common..——•

^ Preferred'J.—.

\20

19

.

18%

Acadia and Atlantic Sugar A com—..*.
'7 5%.
preferred
..—.100.

Algoma

Range
.for Week
0 Prices*/, Shares

SalePvIee
7'.„ <
;
LotW 'High
.

'

<•.iSales7'^.7\

^ Sales"'r'
ferWeek

ef Prices

1

.

34%. May,

200

*

'

'

-w

15%

—

147

*

v

22% Mar

970

66% -661/e

25c

July;

-13
* i

,

7% Mar
"

525

r

:72

2

—1

»

\°nnJ 11,/
10%
10%

.

:

r«

21%

.17

72

w

High

30% May

Feb

\

,

90

,

.

W
«~»1

Mining

Westinghouse Air Brake
Westinghouse Electrio Corp

a22

:&;y%

24% Mar

1,275
1

18J{a 12
2%
2y4..

k

CorpiWX——

States- Glass

.

l°ya
;

---r1®

45

33%

11%
''u

1

229

32

19%

—

,

a37%a37%
33%

21%
,

.

Plate

Screw

Common

%

:

——*

common

Pittsburgh Steel Foundry pfd_
Renner Co
iW

119% Apr
160% Apr
7% Jan

51

'>

;k

—10

-r n

Preferred

23% Apr

100% Feb
160% Apr
4% Jan

35

6

a90% a92%

-5
-•

Brewing

Pittsburgh
Pitts

'/

Westinghouse Elec & Mfg Co—
Willys-Overland Motors, Inc—

-

—~J

Pittsburgh

'

•

22% Mar

100
'

28

31%

National Flreprooflag Corp.W.p.^.
Oil; & Gas
—.5
Wr

4—
65% May

450

alol%al54%

*

s.<*

8%"

-

r

*

.—10

—

Bnp^iyT

—

J,—__

Warner Bros Pictures Inc
Western Union Tel CoX...«

~

Ohio

-38:V;Jun

-wrr>;

r

:* 53-

;

"

418

—

1

Refractories!!—

Gas

Mountain Fuel

23 > Jan

.29% Apr

"

v..v...

46

Lone Star

—i;

.

13

40

"4.:

>52% May
49% May
76% May

..

Feb

.18%

50

^

a23% a23%

>

47%. Jan

-.

Jun

-

29%

.

Harbison Walker

35
May
18% Jun

15% Mar

145
„

a64% a64%

a90%

7;:'

I

36%v^-

V

m-u

—-•

Corp.

(Del.).WW

Corporation
Steel' Corp

S

—10

Railroad Co

United

a78

a21fi
-A

•-—25

Feb

18%. Jarit
<40,

.

40

a20%

——

i&-

966

i

,

Jan

30

60

If

a77%

l

—

'

31,

,

a46% a47%«.. 12
&46.% a47%
31

__

™-l

■■ ■-

Co'

,

a61% a61%

---

^.v-

.

18

..

25

Co

Stone &

:■ i

.

,

40^
a35% a35%...

—

Standard Brands, ' tee-4~—~~

,■

:

—15 >;.:>>

Standard

Oil

14%. >15% ^

m

39%.

Bocony-Vacuum Oil Co
Southern Ry Co

»

-.14%

Range SInee January X.

;

'/,}*•.

'

-

'

Shares

13

—

12
t\

—10

,

Fort Pitt

r>28%May

^

'

s.

,

>i'v'
^

> ->

for Week

28%

—.

.♦

j

Sales

.

Range

lou>; Mlgh>tt——;'—t M

—•*

.

(D L)

Devonian Oil

37% Feb

^

,T20%Ptto

Clark

Apr

47

40% May

'Week's

of Prices

Sale Price

12% Feb

125

,,

,

1 Friday

*

:v;.f^--Last

29% July

9% May

V

20

a27%a28%

—

19% Feb

...

255
220

>844 >' a44

—-

—.—*

150

a72% a.74%*,.
a41 a41%

.

f."

Blaw-Knox

29%'
10% >,

10%

High

24% May ;.';i 85% Jan.
13
May
16% Jan
31%Mar.•• 36% May

275
'

Pittsburgh Stock Exchange

Range Since January 1

;

Co
Motor

'

—

•

Shares

High

a25% a25%>

.

..

;—10

4• ,-.V!■

>.

Ohio

low

,

RR

Aviation Inc„

North

of Prices

107

.

Jun

99% July
>>

27% July

27%

Feb

Jan

60

Jun

Apr

110

May

-Monday, July 8,1946

FINANCIAL CHRONICLE
&

THE COMMERCIAL

CANADIAN LISTED MARKETS
WEEK ENDING JULY 5

RANGE FOR

Friday

Week's

;

■

for Week
Shares -

Sale Price
■

:

Canadian Car &

V;

P**

Celaneao^pnMnon^^.^w--*,
—:•->

-

Rights

580

16% M&f

.21 ¥a

550

21

/
/ 41%
233/4

295

59%

Jan

69

405

40%

Jan

233/4

31

'

233/4

jr ■ '
Cockshutt Plow

v-y:''*

A

'

—5i

Consolidated Mining & Smelting.

my*

Crown Cork & Seal Co—,

Feb

Distillers Seagrams

17 ',}*

15%

2,165
130

16
!«

51 ¥2

52

33

X

27

24% Feb.
19

15 ¥2 Mar

41 ¥2

21

'

10%

10%

•

Preferred

446

"»■*

r-.

Weston

(Geo)

v

Zellerj Ltd Mmman

34

;

100%

1QQ

y,

'■ *

",

,

15

July

-52

Jan

29%

Jan

33% Jun

•;24%

Jun

27

•-

v

common—,—

*"

43

f

20

Donahue Brothers

; Donnacona

Famous

35

105

31 ¥2

Jan

325

47

Apr

51

1,746

12 ¥2 Mar

23

25

—.

28 ¥4

Feb

23 ¥4

Jun

24% Jun

26

90

Jan

120

May
May

165

Jan

184

Jun

24

Jun

22%

Jun

13

Honlr^al 0urfi Market
Canadian Fnnds
STOCKS

19 ¥2

Week's

Friday
Sale Price

Apr

455

Jun

13 ¥»

Mar

9

1,115

32

15 J

Mar,

20

Low

28%

Jan

34

Feb

Brand ram

:

5 ¥4

5

5

May
Feb
Feb

July

18

106

20¥a

Jan

109
56 ¥2

& Distil of Vancouver Ltd

•

52 ¥2

1,693

52 ¥2 July

12 ¥2

12%

165

87/e Mar

B ,C

17 ¥e

816

10 ¥2

765

9 ¥4 Mar

36

38

740

30 ¥2 Mar

523/4

53

220

52%

Jun

53 ¥4 May

42

43

400

37 ¥4

Jan

50

17"

14

Mar

13

•
100

preferred
Hudson Bay Mining

i:

v-

'

•
*'*" o

•

18 ¥4

Jun

12%

Mar

Feb

Tmpwlitl nil

/ *, -;

-1

15 ¥4

15 ¥4

19¥4

19¥4

19¥4

&

8 ¥2

International Bronze

'Preferred

130

130

*

—23

International Nickel of Canada torn—*

50%

68

68

68

v-

5%

6

87

87

87 ¥4

16

16

9¥2

97/a

common^..,——*
Corp———15.

International Utilities

24
62

111

111

111

20 ¥2
20 ¥2
107.60 107.80

16¥2
241

....

•

—

Canada Wire & Cable 6 ¥2%

Jan

38 ¥4

Feb

7¥2

6

130

_

Packers Ltd class

B

100

pfd

Industries Ltd

Jan

28%

33

Jan

40

39% Mar

47

43

595

52

1,371

43 % Mar

59

120¥2 Mar

140

47

Feb

60

15 ¥2

Jun

56

100

7

16

15

10

36

37

Silk

Vickera' Ltd

18¥e May

¥2

Lake of the Woods Milling common.—*

/■Lang

08 Sons Ltd John-

36 %
24 v

A.———*

—3

Laura Secord Candy

4

Jan

28¥a

preferred

7%

.

29

Jan

37 ¥4

Apr

Jan

A

24 ¥2

18%

21
85

24

19 % Jan

85

Molsop's Breweries-—-—.—..—.—-—..*
common ——100

,

—

—

t

•

.

,

v

k

Locomotive

Montreal

,4; Montreal Tramways

,

'''

r

\c

'

37%

'

July
Apr'
26 ¥2 Jun

14 ¥2

40

Preferred

22

18% Jun

:

Preferred

National Breweries

Jun

Crain

Jun

Ltd

Cub Aircraft Corp

July
25% Feb

22

20

May

22

Ltd—r
Ltd

L)

(R

David

Preferred

25

—

30

Jan

56

&

Frere,

Jun

52

44 ¥2

Jan

52 ¥2 July

Dominion

30¥4

Donnacona Paper

44

52 ¥2

27%

21%

28

24

Jan

31

30 ¥2

31

24

¥a Mar

31

Wire Weaving.
Noranda Mines Ltd———.

63 %

63

64

63

Jun

72

Dominion

Jan

Square

35

35

35

180

—

180

Car Aircraft—.—.—.——.*

Ottawa

I

180

63/4

—

30 ¥2

Apr

35%

Jan

175
5

Jun

63/4

81 ¥2

*

Ottawa

Electric

Ottawa

Light, Heat & Power com—100

Rwys

8 ¥2

Jan

50

Page-Hersey

/•

Placer

May

20

17

18

16

Mar

103

103

' 103

102

Feb

33

33

33

30

Jan

19%

193/4

19

Apr

23

Powell

6t

7

"

Quebec Power

.......

Jan

;

' 1

.

•*

•'

'

y'

'

Canada

Standard Chemicals common—
5%

preferred

-

footnotes

see

page




184.

13 ¥2
4

6

July

2%

Jan

7 ¥4

Apr

30

447/a

6%

—

100
*

Realty Corp—.———*
preferred

36
63 ¥2

36
63 ¥2

cum

red preferred

Companies

Fraser

Lakes

Great

Jan

27

Jun

Jan

19 ¥2

Jun

15

Mar

20%

Apr

11 ¥4 Mar

14%

54% Mar

73% Apr

Int

Metal Industries Ltd

Inv

Foundation Ltd

17

15% Jan

Halifax

8

;

83/4
37 v

.

35%
36

36

10J

•

109

Jun

5 ¥4

Jan

SVa

Apr

8

Feb

25¥2

Jun

60c

Apr
Jun

17 ¥2

Feb

75

May

36

July

65

May
Apr

12

53

•

3 2 ¥2
1.25

5

•

90

Insurance.

2% Mat

*7%Mar,
30
.3.4

Feb
Apr

39

iJun

4A
118

Lowney

.-

36
14

.

106

Jan

13% Jun
102
Jan

16

J'7,

common——_'—*

.80
11 ¥2

,

106

19y4

—

18% Jan

/po: Ltd^H,^.,/13J

14% Jan

12

10 ¥4 Mar

16
■/ 16

103

7/

103

100 ¥2

Jan

i;

;

;172

.

■

106

■

Jun

79

Jan

92 ¥2

Jun

94

84

Jan

9 4 ¥4

May

pfd—£400 .104.90

Distilleries. Ltd preferjredsrslO/16%:
Minnesota & Ontario Paper Co—.A&.3
.21
%"

'

J

Moore

f

,

15

Mount

,"V:v '

ITova

'

Scotia Light Js Fower

Nuclear Enterprises

17%

'

'

eom^gy*

_.

*' ~,

109-

1,000

78% 78%,/•' »;
13¥2 "13%
' /
10%
11,
.

1

'A -

106% Jun
18 ¥4

45 •
,wi
•

Feb

,39% Jill?

,

^216-

104.90 J04.9a
16¥2 '
17^
•. 21 22% ?

Corporation Lt'd—————-'
Ltd-^———«&-*•• " •*— *
Royal Rice Mills—
—,
10%

A'

47%*tay
■

^150

15 A15*

Jan

"

* 12.y;

V> {'

Mount Royal. Hotel Co

,Jan

92%

■

May

12%

25

L,59y«;; 39% -39%u

McCollrFrontenac. Oil £.%

Apr
Jan

94

•

July

,.

198

Ufa

11%

15

-

Melchers

May

92%
•

commopja&f

|dasfle/-Hawto

July

25

15%

11%

..
—

19%

15

,80

Jun

May

14

80

J5
14

f®

14

———*
—rl

c

19 ¥4
15 r
11%

35
J4

t
>;•/'•'
yj-/';'• t•./:•.•.'•"• ••"—*:i~ '>
MacLaren Power & Paper Co,—. .44;
<44 ; 44 - ^ .^ -400

38% May

t

Feb

35

.•.•.•1.13.

•

.

class A„...*

MapleLeaf MUUng: Co Ltd

326% July

21% Jan
,29

Ltd—.——100*

i'-:,V

Jun

26%

Baking Co

Lake St John F & P~J—
Lambert (Alfred) Inc

Mar

Feb

Jan

85

Mar

$3

14

f

36
65

Jan

90

20% Apr

'

36

106

22

19

v-

24%

7

>

19 Va Apr

17% Jan
1

Feb

3 ¥2

Co—21„

67

17

Jun

19 Va

200
25
1.385

65

16 3/4
163/4
20% ' *20%'»

May

13 ¥4

Jan

"

Jun

64 ¥2 May

Apr'

103¥2

Feb

38% Jan

145
205
815

26

Apr

8

22 ¥2 Mar

365

Apr

36

• >
25 •/

Preferred

13
3%
57/a

—

3%

26 ¥4

17 ¥2

26%

•
•

109

—

Steel Co of Canada common

For

'

*
5
*

23

Apr

44% Mar

1.425

65c
65c
13% 13%
65 66¥2

36

10?

•
Power

17

Feb

Feb.

4

10

«

Jan

1.50
20

1.60 Jun

835

167/a

8 ¥2

Feb

7% May

50

26

-

Southern

—

Jkn

Jan

6%

May

15%

525

427/8
27
27
19 19 ¥2

427/a

65c
13%
66

13 ¥4 Mar

36

preferredH,lty.^..l00

Southam Press Co

—

427/8

*

30

35%

;

fihawlnlgan Water it Power———.*
Sherwin Williams of Can common
•
Sicks' Breweries pew common.,
•
Simon H & Sons pfd-.
-100
'•*.

7

15
18

6

54
30

•

34%

8

-

50

A preferred

__

Jan
Jan

15 ¥2 May

125

class A

.14%

^0%

St Lawrence Flour Mills com———*
fit Lawrence Paper

6
50
30

—

16 ¥4

75

Feb

75c

Feb

May

90c

Jan

4% Mar

375

8
2,00

Corp Ltd com

34

—

*

•

common

16
7.823

7¥4
1.90

—

17

Ltd

,14%

,—w

Lawrence Corporation

19
20

20

Mar

60

1.600
25
50

19
19

—

19

19

Ltd

%\%

Transport

Provincial

5
7¥a
80

40c

52

4¥n
7¥s
80

5
7¥a

—*

Co Ltd

34

of Canada.

Roiland paper common

68

Jun

3.80

Apr

July

7

135

500

68

-*

Power Sec

Inter-City

,

10

55c,

10

50c

.

Jun
Jun

174

Feb

Tubes.—.

Pricf Bros & Co Ltd common————*.63
v

31

Jan

14 ¥2

Apr

43%

Jun

2.40

Jan

4 ¥4

21

:*S

34% Feb

—•
Development
1
River Co—c

Power Corp

5¥a

Feb

147

*"

Motor Co of Canada

Ford

Godfrey

£

141/2 141/2

„

—

•

Corp

Aircraft

Aircraft

Fleet

Feb

83

17

100

Preferred

81 ¥2

Jan

98

Feb

9

Jan

Jun

Jun

Foreign
%

Co. Ltd

Steel Products Ltd

Eastern

Jun

182

Jan

Apr,

12 ¥2

140

*
'
*—
2(T"

Woollens

Fairchild

OgUvie Flour .Mills coimmon.——..*
Preferred
,.—.—100

May

70

31

245

,

May

•

Niagara

Feb

253

4%

6,700

—

Lfinitefe" B——

Feb

52

18

Jan

3¥a

Feb

*

National Steel Car Corp,

Mar

Mar

1.75

100
1.750
705

172

*

Engineering Works Ltd
Dominion Malting Co Ltd
...

May

35

51%

52

Feb

III

May

62

40

203/4

52 ¥2

common—^.—*

Jan

22

15% Jan

3%

2.5®**
*

u,

Consolidated Paper Corp

Dom Oilcloth & Linoleum
:

Feb

62 ¥2

113% May

163

172

—

15

July
July

35

..

29%

Apr
Jan

20 ¥2 Mar

107

Apr

II ¥2 May

May

56 ¥2

3 ¥4

*
*
100*

—'.J

...

37%

29% Feb

14%
40

20%

22

July

23

172

*^T4'-rr

Dominion

—

Apr

16

109

3 ¥4

Consolidated Div Sec class A—.——3*®

85

21

Jan

41

Commercial Alcohols Ltd common—*

v

100

———

....

16 ¥4

14%

21

Light Heat & Power Cons—*

Montreal

18

40

—

.100

—

104

Jun

8% May

¥2 May

23% Feb

80
Jan
14% Jan

24 ¥4

37

37

Montreal. Cotton new
.Preferred

17,/
23%

17
23%

—

Jan

14%

43

31
41 ¥2

31

41 ¥2

Apr

8

86

2

Ltd

Wines

Preferred

■

McColl-Frontenac Oil ————.*

77%

5 ¥2 Mar

100

-—:

Claude Neon General Advert com

"

Massey-Harris

31

Canadian Western Lumber Co!
1
Catelli Food Products Ltd common

Apr

24 "

—

(

Mar

10

68

5%
3 ¥4
3 ¥2
2¥4 .3,

3 ¥4
2¥4

•

common

16% May

Jan

12 ¥4

21

^

MacKinnon Struct Steel preferred—100

Jun

55

May

.25

15

July

11 ¥2

25

5¥a

Products

Canadian

27% Jan

18

.

68

—

Canadian Marconi Company
1
Canadaian Power & Paper Inv com—*

Apr

Jun

895

241

—

*

Canadian Ingersol Rand Co Ltd^

16¥2

__

*

class B

Canadian Internatl Inv Tr Ltd com—*

/Feb
Apr

13

273/4

Jun

10

Apr

16 ¥a May

Jun

May

129

183/4

—

General Investments Ltd—•

Canadian

Mar

140

May

17%

525

14

Jun

17 ¥2

Oun

16¥a

May

32% Jan

145

273/4

....

5¥a

Jun

42
20

Canada

Chateau-Gal

(John)

Jan

July

4

16%

267

Ltd

Canada Malting Co

Feb

16

14'

Jamaica Public Serv Ltd common——*
Labatt

:

July

280
45
30

8 ¥4

55

.

19 ¥4

28%

275

23 ¥2
fr>2

17% Jan

18%

18%
55%

Jan

25 ¥2 Mar

35
25

97/a

15%

40

507/e

Jan

3.935

23 ¥2

Jan

27 ¥2

129

——100

13

110

6

1

Dominion Sugar

&

Canadian

International Power

11

10

10

•
•

Canada

Jun

270

130

42 ¥4

42%

International Paper common
Preferred

International PetroleumCoLtd—*

16¥4

16

13%

2,450

35

165

July

,

100

13%

39

•

15

4

*

Hosiery

Butterfly

Apr

May

27 ¥2

27%

•

common...

—

33%

33%

•
100

Jan

14

376
2,450
10
410

28 ¥4

4

4

Canadian

Industrial Acceptance Corp com
Intercolonial Coal preferred-

28

—

class B

Co

Apr

140

25

16¥4

Preferred

Jun

8

5

1

1

759

15 ¥2

8 ¥2

; ■

—

>16

*

Company common

1,731

14%'

/;14

14

*

Imperial Tobacco of Canada common_5
Preferred
£1:

16

.Canada North Power Corp 7% pfd—100

38

/rifi '

'

1

93/4

93/4
36
53
42

16

•

T G—

Pulp & Paper Co Ltd common

Brown

Burns

tHamilton Bridge

14 ¥2

5

British Columbia Packers A pfd
Class B

Apr

52 ¥2

14

„

British Columbia Forest Products Ltd—

May

12¥2
17

160

12

12 ¥2

165

130
52
7

Mar

50

6 ¥2
165

—

British American Oil Co Ltd—

Feb

52%

Henderson

Bright & Co Ltd,

7 ¥4 May

Mar

20

107 ¥2 107 ¥2

20

111

Jan
Jan

■/••" 15

410

18 ¥2

18%

18%
107%

110

200

111

111

14% Jan
105 ¥2

10

ill
■•- A

i.

275

r,

111

50
*

Gypsum, Lime <Sz Alabastine.

19

-

109 ¥a 109 ¥a

•

Goodyear Tire pfd inc 1927
(Charles) common

19

19

109%

9 ¥4 July

9¥2

6 ¥4

100

Belding-Corticelli Ltd common

High

Low

9 ¥4

__

1

Bange Slnee January

High

6 ¥4

♦

Bathurst Power & Paper class B

Jun

110

18%/19%
31

for Week
Sharea

•

Works

Glove

Acme

Jan

"

■

—

22%

16 ¥2 Mar

100
«

Sale#

.

Range
of Prices

Last

103 ¥4 July

Jun

Feb

380

390

Jan

32% Feb

Feb

23 ¥4

102

t.

100

Jun

May

395

16 ¥2

Power common———.*
preferred
100
K5Va% preferred
———100
General Bakeries
—
———•

Apr

25 ¥2

July

21

39 ¥4

20

35% May

51

19%

New

33% Jan

19 y2

103 %

5%

v:

Apr

50 ¥2

4

*

//Howard Smith Paper common

27%

35

-

/ Gurd

21% Jan

155

50

Preferred

880

1,170

Gatineau

?

Jun

26 ¥2

25%

10

General Steel Wares common

23¥4

39 ¥4

45 y$

Feh'

Brewers

ft

22 ¥2

Jan

25

Canada———.*

of

Jan

•19 ¥4

38 ¥2

Players Canad Gpvp

Foundation Co

16%

760

Nova Scotia

184

>

Feb

225

-

Royal

-100

'.V-A

;

Jan-

20%

Jun

_•

J,;;

Feb

30

23%

Jan

Electrolux Corporation ——1
V';.

29

Mar

26

Per

..

May!

May

320

English Electric class B

/APb

-

.46"'

20%

23

625

—

¥2 May'

23 ¥2

.

14

;

Paper

21

104

Banks
Canadienne
Commerce

July

Jun

108

Dryden Paper

28

¥a Jan

230

*
—-w

Jan
July J '-!

'20

13

..

.

34

40

....

10

trust certificates—.—

Preferred

28¥a

12

—

36 ¥2 May
y

Jan a

-■••:

200

'28

Preferred

-Mar-'

20

:

20

.

28 %

;

20

.

560

Dominion Tar &,Chemical common—•

Voting

*44'

■

12%

20

•

•

'95

41 ¥2

25

Dominion Textile common

May

23¥4 May*

Jan

13

•• -

40

193/4

preferred'^^i^—/V
«ymmnn'.r,T,-_r.-.-,.* ;
Coal class B

July

21

*>i..548

12

Dominion Glass new
Dominion Steel &

99

154% May;

,

100% 101

41 ¥2

Coal

25
—•

'M'"y

,

Feb *

-

Feb -

'

20

'•*•

25

34

14%

14%

_■

i

5% .preferred;: —w—j.ru..—.25 ^
6%
preferred
25

;

'

19 ¥2

Bridge41%.
preferred

Apr
.

*

common

Winnipeg Electric common
v.Preferred ,• • .j, Ll ...u,

109

•

1,458

J

—

74¥i Apr

35

—

19%

Dominion
Dominion

Dominion- Dairies

^

'

13 %

8V« Jan

1;725

11

Apr

.

24 ¥4

•"

Montreal
•

182

Jan

„

17% Jan

23

-

Apr

44

Jan

165..

21

'

21

-

High

Low
31

May

50

Jan

5,790

^

5i-v

Walker Oooderham & Worts com

Apr

48

45

\

'

United 'Steel Corp—.—

•1-02% Jun

Jan

-

Jan

160

J

33 ¥4

26

^

27

145

17%

Jan

'19% Mat
4?8

1,623

49

15%

May

46

Mar

33

35

.

21%

33

common

new

: '*«

1

Range Slnee January
,

2

,

182

180

180

10

pfd.

36

.

25 ¥2 May

815

Tobacco

City Rapid Transit

'

Wabasso Cotton

i: 153•/Jan'

\Jun

-

Feb

47

—

33

13 ¥a

52

...

Co Ltd .class A..

Tuckett

Twin

36

-

Jun

31

•28 ¥2 Jan'

16%

35

Shares

Hijgh

"

675

49

Consumers Glass

July

243/4

97% 100

*

23 ¥4

Jan

23

Jun

23

21%

Canadian Pacific Railway——

■

22% May

26 ¥2 May

17

Canadian Oils

55

...

►;

Jutt

405

34

.

y

82
165 ii

"

37

22 ¥a

Canadian Locomotive

'

233/4

37

———-

Davis Leather

,

23%

Investment. Canadian Ind Alcohol common
B

413/4

31

Canadian Foreign

Class

66

37

Cottons arid--

Canadian

>,

36

Tooke Brothers

44 ¥2 May

413/4

.-*
25

——.

Jan

.*6%

21

r—-——,-100

..

20 ¥4

16¥*
•66

for Week

Lom

High

Low

21

16%

Rang*
of Prices

Sale Price

/Range Since January 1

•66

Foundry common——'
'

Preferred

'

ma*

Urn

Cl&SS A

Canadian

..

WeekV- Kales

Friday
I .-' Last

STOOKfi

'-••v.fialea-r-.

••••

'
of Frlpea
Range

,

May

,3.7% May

,

80% Jun

•
■

16%

.

-95
280

■

109- 109 ; 5 - 155 '
13% ,13%; --/LIS "

/

U

.

Jan

July

119

May

15

May

Number 4505

JHE COMMERCIAL & FINANCIAL CHRONICLE

CANADIAN

LISTED

MARKETS

RANGE FOR WEEK ENDING JULY 5

Friday
Last

Week's

j-Par

Orange

Crush

5v;A

preferred——

Sales
for Week

of Prices

Low

Friday

Shares

■:{<:iLowi:j

20

20

134

20

23

" 23

24'/a

55

20

■"

20 %

May

25%

Anglo-Rouyn Mines

Jun

Power Corp of Can 0%
6 Vo
partic 2nd pfdi

1st

pfd_^—100

109%

——50

Quebec Pulp & Paper 1%

Jun

46

112% May

Jan

60

May

Area

red pfd—100

33

Mar

^Quebec Tel & Power Cbrp class A—*

43

May

8

Jan

8

Jan

Sarnia Bridge Co, Ltd,

——

Southern Canada Power 6 %

Arntfleld

Fuel

Canada Ltd

United

Securities,

Inv B

24c

10.

————

16

-1

Astoria Quebec Mines

Mines

Atlas

9c

9c

41c

-1

28c

28c

69

69

Yellowknife

Gold

Alta Mines —'

Mines-.

1.00

__1

:

Ltd—

Quebec

Mines' (1937)

Mines

5c

Mines

Goldora

-

July

50c

17c

3,000

17c

Jun

10,700

58c

15c

2.000

12c

3,000

10c

7c

1,000

7c

14c

•

36c
37c

'

40c

July

Jun

49c

1.02 Apr

67c

July

1.55 Feb

—

Mines

28c

40c

Jun

70c

41c

1.80

100

59c

1.300

25c

9.600

3,25 July
16c
Apr

39,700

23c

80c

17c

5.000

16c

Jun

1.50

25c

27c

8,625

15c 16%o

26,000

15c

26'A

10
10

__

——10

—

*

11c

•

„

100

1.35

17c

17c

500

47c

15,000

14

—

14%

'"V

,

'

.

c

Class B

305

32% Feb
7%C Jun

•

620

6%

6%

25

86c

94c

1.15

1.15

1.26

23,910
19,600

47

47

50

57c

73c

257,200

65c
206

5

22

22

6

60c

60c

61c

5,600

1

24c

24c

26c

11,400

37c

500

37c

500

>

6

Ribbon

preferred

50

—

Bobjo Mines LtdBonetal Gold Mines

July

44%c July •
,30c
Jun *>>■
i

f

51c

\

—*

55%
19c

31c

34c

.Apr
,if.>

■

42c

36.500

35c

July

1.15

15c

5c

2,356

4c

Jun

9c

70c

80c

5.800

70c

Jun

31c

30c

1,000

18

18

150

1.00

2.000

16c

16c

18

Jun

42c

July

16c

3,000

12%

Feb
1.41 Feb
43c
Jan

16%
10%

16Vi

16%
10%

10%

Canadian

Mines

Burlington

32

32

3.8j5 Jan
Gold Mines Ltd.

46c

Gold -Mines.

Feb

-

Yellowknife
Quemont Mining Corp

4'A

4%

23c

22c

23c
53c

5.50

5.70

24c

22c

26c

30c

30c

32c"

34%

*

1

Soma-Duvernay

Canada

Jan

7%c
13%

16

15%

16%

1

—

r

32%c

Bread

3.05

common

-♦
->100

A

7%

107%

2.10

30c

33c

32%c 32%c
2.95

7

3.25
8

107% 108%

Mines

Canada

Jun

Canada

Malting

Villbona

Gold

•Wasa Lake
Westvllle

Mines

Gold

Canada

North

Canada
Class

Ltd

B

Canada

Mines

>

'-

30o

&

class

6%

Jan

A.

Canada Wire & Cable class B-.
Canadian

Gaspe

—

;

Bakeries

common—„
Commerce

Canadian

Bank

Canadian

Breweries

Canadian

—

Canners

common—

........

i

common.

1st preferred
Conv preferred

Canadian

—,—

&

Car

Fdry

Class A

Tofhnto Stock Exchange
'■

^

Canadian Fon'ds '

Friday
••

2'

.

Sale Price

Canadian

>•

' "

-

Abitibl
i
,

Power Sc

$1.50

$2.50

Paper

preferred
preferred

Acadia-Atlantic
Preferred

com-

-•

commou

of Prices

Shares

;

Aluminium

107

~t

38

common
new

-*

22

Amalgamated Larder

Mines

Yellowknife

Canadian

pfd—

29
4

v38
21

25c...
>; 22,,

100'

212

7."

-

:

216.

1.45-

.

X

26%. 26%

'

—'

-

,

.1^.

see

.

J1

page




"J. 1

.HI

184,

24c

255,

21

1.55

-I

19c.

19c.

25c-!

' 1.10

1.10

1.10

145

100

.129%

905
r
—

2,600
7,100
6,700

,,..,...9.5.5. -9.5J5__.;,..1.00,

■

28

110
,

•

;

:

Jun

V

Apr

40%

Canadian

Malartic

Apr

Jil07 X Jun

Canadian
Canadian

Pacific

July

Canadian

Jun

Jan

1A5 July'
19e July
95c

Mar

9^50 May,

May

Cariboo

•

Jan

Castle

26
>;

Feb

Central

103

:230

Apr
May

27

Jun

.

—*

Tire

*
—

1

*

>

——

class

Wirebound

25

B

*

Boxes

*

':>■ !'

(54c

May

22% Jun
,

Xf42 f

•

—

Ry—

Canadian Wallpaper

ll%c Feb

Jan

A—•

^,—

.Canadian Oils,—,—;

X 24 $ Jan

-

com
—

V

70

.3,000

....

100

.26%:

*

common
—

Canadian Locomotive

High

21

SVicMay

395,

;

22%

38

60

....

9c

38

Mar

18% Mar

3,500

\

•*

—

on...-.,

Anglo-Huronian

For footnotes

100

>3,212

—

4%

■

14

»

„

July
^20% Jan
-103% Jan

107 ^

24c
—

35

22%

9c

.

38

,

1047/a

9c

Canada

American

"38:

-•

00'
Ltd

360

-•

Mines-—-—-—
Steel common-*—

Aluminum

,3,420

22%

Gold

Aigoma

20

18%

22%

,

Range Since January 1.
Low

>19

>—^

t-preferred'

Ansrio

'

*

Products

——

Class B

:;".'

High

18%

.

18%
?

—«

Agnew Surpass common
Alger

19
20

20;

Sugar

—

Acme Gas A Oil

new

—

A

Canadian Industrial Alcohol

-

for Week

Low

•

*

Sales

>

Range

.

ar

Food

*

common

Dredge

Canadian
Class

Week's

Last

•

common

;

Canadian Celanese

Gold

■>.

Quartz

1

Trethewey

1

Canada Loan

.4.V"P;.;:

Central Patricia

100

—

i"•

Gold

•

'x'-

Mines

-

-

i':"

1

2.25

Central Porcupine Mines—i———1
Centremaque Gold Mines—

20c

20c

2.40 Apr

38%c Apr
1.38 Jan
-Feb

.Chateau-Gal
Chemical

Wines

-

—i-w———J*

Research
1
Chesterville Larder Lake Gold Mines—1

10
65c

2.35

10

10

65c 70%c

2.25

2.50

7%
43c

Jun

July
July
Jan
Jan

1.41 Mar

Jan
Feb

;; Jun

9%cMay
# 15 c;>Apr
26% Apr

'-"17
44c

Apr
Feb

2.95 Jan
44c

Mar

56c

^

Jan.

3.60

-

Jun

:>;r-9%

Jun

102%

OU Stocks

Home Oil Co Ltd
Homestead Oil 4c Gas Ltd
Royalite Oil' Co Limited

r:'; 35

i,

Jan

Mortgage-

Cable

.

May

2.40

Steamship preferred
Wire

Feb

97c

Jun

—

Canada
Ltd

Jan

72c

11

Jan
v~12% May
22%; Jan
12% Mar

—24c

-

55c ? Jan

1.64 Apr

23% Mar

class A

Canada

Mines

Wright Hargreaves Mines

>■

d 4%c
—

May

5% May

^

Jun

Power

Permanent

J?":' 35

July *' 45c

1 ' 15c

.

Packers

n% jun

May

Cycle & Motor pfd

Standard Gold Mines
Sullivan Cons Mines Ltd

Jan

17% Jun

Jun

22c

-

2,600
3,725 >
80

Jun

18

28%

>>

1,830
1.87 July
20,300 »v20c
Jun

1,120

'

•'

iU >30% Jan

Jun

Canadian Car & Motor preferred.
Canada Cement common

Statiacona Mines 1944 Ltd

^ 18% Feb

Jun
Mar

v

1.08 July
5.50 July

34,900

1.87

^

\ 50c

-289

26c30%c

31c

/

25% Mar

,

Apr
Feb

Jun
'f30c Jan
Jun v,*,. 39%c Jan

22c S Jun

76

1

>

May

-

f.

270

26%

27c

>'

,

10,

2,000

13%
26%

*

Flon—

6c

j

.16

167

13%

Ltd

Ltd

Gold

6c

34%

26%

__

Oils

.

21,100

•

—

Flin

—.

Mines

Mines

Jun

15

5,100

5.55

Campbell Red Lake

Gold

45c

20%

4,000

1.25

•

Calgary & Edmonton

Class

Feb ■;

Jun.

8

318 '^>282*- Jan ;■
175 3% Mar

50c

•

Callinan

Mines

92C

12

100

1.08

Steel

Calmont

Quebec

'V:

^ 13c
^ 15c

t-

50c

Calder Bousquet Gold

7.80 May
37c
Jan

32%

4%
t.,

•

Class B

w

*

Gold Mines

Red

Burns class A

Dredging Ltd

-

1,110
~v

5,600
1,225
21,100

Bunker Hill

1,76 May

Jan

55% July':^> 60
17c July
' 30c
30c
Apr " '
50c

-

725

1

Buffalo

2.22 May

.

1.15

•

Buffalo

O'Brien Gold Mines Ltd

23% May

24c

3,210

1

Buffalo Ankerite Gold Mines
Lake

28

Jun

V;

6

15
„

1

Mines-

—

27y2

'

•

Oil

Gold

23

218 "

July
July

60c

J

2,440

18

22%

27%

•

•

Buffadison

'18

.r

"Broulan Porcupine
Mines, Ltd

Jun

2,000
-4,000

123A

18

■'--■■■

Dominion

12%

15c

22y2

"

—

•-v

British

26%

July

*

Mines, Ltd

British Columbia Power class A
Class B

2.24 Feb

1.00 July

14c

16c 16%c

Brit Columbia Packers class A-—.*

Feb

31c

14c

16c

;V'\2.65 May
-Vy

22

-

\

1

—

Jan

'1.76 Feb
51% May

Janv

181

'

•

*.

Class B—
-r-4fy reft
■

Feb

23

7% May

-

10,000

>

-

Apr

%■?<1.64

Jan

45o
.

8,900

•

Brantford Roofing
*
Brazilian Traction Light & Pwr com—•
British American OU
•

Jan

65c

r

.

70

17c

Dredging

Sherritt-Gordon

22

Bralorne

Feb

.

55%

Jan

19%

•

31c

l

—

Bonville

Jan

..

232

17% c

—

i

1.15 Apr

35c

1.00

.

Jan

>' Jan

39

28c

24:^Apr«v

July
1,15 July

_

Blue

2.05

5%

37% May

Feb

86c

30

1

"

205 207%

>

Jan

; Apr.

40

\

6,400

1

Jan

35c

Normetal Mining Corp Ltd

'

37

100

—

24c

,;4

23

19

Feb

Feb

:,i 27%. Apr

Jan
Mar

12c

'

Bldgood Kirkland Gold—

58c

37

88c

__

Gold

30

~

Jan
1.45 Apr
53c Mar

Apr

14

490

44%c 44%c

Ltd

Ltd

Pandora Cadalllc

21%

1

Bell Telephone of Canada
Bertram & Sons class A

49c

17c July
42y4c July

<

215
140

6%

__

7.25

May
15c-" Mar

11c

22%

•

Jan

25c

39

Boycon Pershing Gold Mines—

42 %c

4.50

26%

38 %

1

Building Products

Blscoe

26%

22%

•

Feb

5

,36c

Jan

16c

2,250

—

3.60 Mar

July

1.400

1.50

—

27c
1.12

5.10

Nova Scotia-

Beatty Bros class A
Beaulleu Yellowknife

Jun

60%cMar

1.80 July

3.25

75c

4.70

Montreal

Bear Exploration & Radium
Beattie Gold Mines Ltd

Feb

25,500
2,900

57c

4.75

1

Class B

Apr

30c

82c

1
1

Mines

Bank of Toronto—
Base Metals

Feb

22c

17.000

1.10

—

—

Mines

Geld

of

Jan

43c

14c

July
Apr
May

2,500

38c
22c

23c

—

Lingman Lake Gold Mines Ltd
Lingside Gold Mines—

Rochette

.Jan

Jun

July

Bathurst Power class A

Mar

Jan

20c

—.—

'Lake Rowan Mines—>

Pitt

55c

27c

Mar

15c

■

May r'

46c

Bevcourt Gold

Consolidated Gold Mines Ltd.
Joliet-Quebec Mines Ltd

Mines

20c

35c

1.80

——

Pato Cons Gold

-.V.

Apr

78

9,100

89,600
88,500

Apr

33c

3.25

J-M

Cons

'

58c

(

July
July

'■

Nechi

50c

•.

35c

Bank

May
2.60 May
30c
Jan

1,500

24c

40c

Mines Ltd.—-

Macdonald

Mar

'

30c

Bank of

Feb

33.900

36c

Mines.—

Shore

87c

Jun

186

Lake Mines

Lake

55 '

Feb
?'•-

;

46c

Bankfiqld Consolidated Mines

34c

70e

22c
20 %C

——

Hollinger Consolidated Gold
Howey Gold Mines Ltd
*
Hudson-Rand Gold Mines——
Jack

25

; 87c

31c

,,,

„

5

Fontana Mines (1945) Ltd
Formaque Gold Mines Ltd
Found Lake Gold

Goldvue Mines

July

29c

35c

t

Mines-

Jun

34c

35c

,

—

East Malartic Mines Limited
East Sullivan Mines—

5c

500

1,000

10c

—

Mining——>

Goldbeam

ll%c Jan

600

34c
29c

15c '

———

Gold

5c

15c

7c

I——

Century Mining Corp Ltd
Cheskirk Mines

Elderidge

July

22C

:

SOo

Bagamac

1.80 July
30c May

17c

& Diamond Minings

Development • & Mining
Central Cadillac Gold Mines?
Centremaque Gold Mines Ltd—-

Cournor

1,000

May
Apr

58c

•Celta

•

20c

80c

29c

—.

—

Mines

11,800

24c

Ltd
Ltd—

Beatrice Red Lake Gold Mines Ltd.
Beaulieu Yellowknife Mines.
BonviUe Gold Mines Ltd
Gold

1.80

15c

—

Astoria

Athona

Bouzan

28c

Jan
Apr
Jan

-1

Aunor

Yellowknife

Brazil Gold

July
July

23,300

Apr

18

.......

.

69

*

Mining Stocks

Mines

9c

Jan

1.70

62c

12% Mar
30c

V..

55c

"

July V

1,500

33c

-*

Mar

87,550
■

Jan

Apr
3% Feb

Mar

68c

22 %C

345':;

9c

30c

25c

6,600

>

16%

—,

—

Arno

22%c26%c

Feb

12
102

Aubelle Mines Ltd
Aumaque Gold Mlnesw^.»,MJ|

Windsor Hotel Ltd

Akaitcho

3,500

Mar
Jan

24%C

JUn

8% Mar

14,100

v

Jan

23c

85o

;.

99' Jan*'
.1.40 Jun

313

1.25

—>———

Atlas, Steels

100

30c

July
Mar

13%c

10

-

30c

1.10

.16

1.95 Jan

May

9c

61o

2,000
1,445

-

2%

29c
V

10c
v

2,800

~Ay*

Athona
—

9%
99Mi

'Hy*': 33b

—

•

preferred

Ltd

1.12

4,000 •
26,300 f

15c

9

—

-1

Ashdown Hardware
Asnley Gold
1

Corporations class B———*
of

-1

High

1.30 Mat

LJY-j'jV'**;

14c
-

99%
2%

-1 m

'

United

15c

i:

——

Mining

;

v..

9

00

Bangs.Since January 1,.
low

100

9c 10Vic
70c 72'/2c

—

1!

-*

r, Gold
Mines
Armistice Gold

.Thrift Stores Ltd common—

United Distillers

common

10c

9%c

*rit;;

Arjon

.pfd^-lOO

Southmount Invest. Co.
Ltd,
Stowell" Screw Co' Ltd class A—

United

-•

preference——,

10c

10c

JLx

cony

Warrants

*

1.41

..

High

1.41

—

-1

Mines

Argus Corp Ltd
4%%

I

-1;

■■■?$$*vj;:

r

low

4

Ansley Gold Mines
Apex Consolidated Resources.
Aquarius Porcupine Gold

Sales

;for Week
Shares

of Frlees

'at

Jun

'

'

Sale Fries

High

Jun

Week's
Range

Las*

Range Since January 1

High

20

Common

.

;

Range

x

„

Sale Price

'

■

JVolume 164

Jan

108% Mar

THE

'

RANGE FOR WEEK ENDING JULY 5

Last

ar

1.25

_1

Cltralam Malartic Mines

Gold

Willans

Cochenour

'

•

Cockshutt Plow Co——.

A
*1

Lake

Coin

Yellowknife

Colomac

Mines.

.*

Gommoil Ltd
Commonwealth Petroleum

.*

Coniagas Mines

.5
.•

Mines.

Coniaurum

..;

:

—

85b
80

3.10

2.90
%.■

2,242

'.*

M

16%
52c
80

>

,

35% Mar
52c July /
67%c Mar

45
11,300
- 8,000

95

19
Apr
1.05 Jan
1.38 Apr

32c

500

30c

40c

48c

2,000

40c

2.30

2.40

500

2.15 Apr

36c
Apr
51c May
2.85 Feb

1.70

1.70

1.87

2,400

1.70 July

.

4

.

16% Jan

22
Apr
101% May

20

20%

180

99%

886

10

175

98
175

179

22

Conwest Exploration

.•

1.11

1.10

1.20

3,460

20

20

15

Corrugated Paper Box common—

Jan
July

—

78
173

Jan
Jan

1.10 May
8

Jan

Week'a

Harrlcana Gold Mines

Hasaga Mines

25%n
1.40

asn

1.60

19c

23c

33c

33c

1.52

1.52

^206 Mar

45,058
10,056
6,700

gag

1.35

33C
1.65
41c

1.35 July
19c Mar

Heath Gold

-1'

——.——

;

1.95 Feb

Jiin

20

Hedley Mascot
Heva Cadiiiftft

,„i--

...

Oli

High wood Sarcee
Hinde

33c

36c

Ac

7c

—

Dauch-

7c

1

23 Va
13%

Hpllinger Consolidated Gold Mines.—Jl

Homer

:

•

-

Yellowknife

Homestead

Oil

70,600

7c

"./'V "

»

3.05

.

3.16

3.05

•<

17c

17c

6%c

*'J y ^'

'x

46c

1

Gold Mines

• •-

•

•

v-<'/

46c

53c

52%

14%c Jan

.

27
Apr
19%b Feb

:

200

42c

45c

7,750

42%

43c

1

••t4

42%

325
1,000

36,350

•
1

—

11c

11c

•

12

12

13%

325

——r„,16

30

30

30%

Imperial Oil
_•
Imperial Tobacco of Canada ordinary-5

14%

14

14%

15%

15%

15%

505
3,870
860

Imperial

•

16%

16%

16%

40

Indian Red Lake

Aircraft

1

42c

42c

52c

Inglis

—

————

•?■&;*»,.# ^
Davis Leather class A——

6

—

12%

12%

8,700
200

—

V" V

Delnite Mines
h

-

■

a-

.

/'

'

-

.

:

Varnish

J

:;

'

•

"

•

j

Tva *•

/

•Distillers Seagrams
Diversified Mining

preferred

Dominion

Dairies

Dominion

Electrohome

class A

Gold

Waite

Jack

Jacola Mines
Jfasnn

♦

B

Joliet

'

'.—--1-1-.

Quebec

;

—-

19

20

75c

—

90c

1.05

1.20

13,400

9,400

25c

38c

East Amphi Gold Mines

East

3.25 July

Sullivan Mines

Easy Washing Machine

43

Lake

—

'

'

,

common

Preferred
Federal

\*\

; ./, ?•

..

Jan

Y-'>

Gold

80c

"14,700

12c

15c

27%
1.49

1.5$

2,500
10
."7,500

—•

1.50
-

.

28
*

'

14%

14%

1.30
1.60

1.30
1.60

V,

'

14

2,975
100

1.30 May

8,250
5,500

1.60 July

19c

27%
7.60

28
8.00

37c

35c

37c

■

19c

7.00 Mar
35c July

10,900

Mar

18

Jun

29Yt J&n
7.05 Jun

24%

.

20% Jan

24%

24

12c 12 %c

12c

July

35c

35c

35c

Jun

/

36c

19% Jan
4c

Mar

L35 Feb
20c

!

—

Ltd.

clflflfl K

J

*

Jan

1.00 May
2.25 Jun

Vun

n,».^'

34
.33%

••

preferred——100

105%

1
—1

34 34%
32%33%
105% 105%

115

5

34^ Apr

27% Jan

245
,

26% Jan

.

(

34

May

"105% July

L50
38c

Lundward Gold

■—*

32c

*

1

3.60
3.25

1

1.99

1
1
1

2.95
53c
2.20

2.95

3.70

19,400

Magnet Consolidated Gold
Malartic Gold Fields—

53c

61c

V 11,900

2.05

2.45

Manitoba & Eastern

*

4c

4%c

18,000

Maple Leaf Milling common—

*

15

14%

15

9c

9c

690
1,500

92c

92c

1.05

20,900

30c

27c

33c

19,700

17 %c

170

18C

3,600

Gold...

Lynx Yellowknife
Macassa

A.

May

11c

Goldfields
Mines

Louvicourt
—

July

24% Mar

"875
1,400

12c

(Marcus)

Loew's

Apr

15

28
7.60

•

Juiy!

1.30
1.8$ ;
20c

19c

1

12c.

23% May
1.49 July

Mines

MacDonald

MacLeod-Cocxsnutt Gold Mines

5.00

Jan

7.50

Jan

3.75

Feb

19

MacMillan (H R) Export

July

—.—

75c

Mines Ltd.

85c

22c 24%c

-

Goldcrest

37c

Lake Gold Mines

Red

Madsen

Gold—

Gold'

Goldale Mine

42c

Maralgo
Eagle Mines

25c

Goldhawk

Gate

Marcus

Gold

Marlon

Jan

Rouyn

2.90

—

Goldvue Mines

Massey-Harrls

Apr

McCabe

Tire
Preferred

&

common.

;125r

common.

:

..May

10c' May
17% May
15 %c

Jan

2.20 s Jan
51c

Feb

45C

Jan

Apr

Grain class A-

12 %c Mar

Rubber

Jan

3.75 Jan

35% Jan
12% May

Preferred

1.15 Apr

—.

Goodflsh Mining

Goodyear

Gold—

Martin-McNeely Mines-

40%c Jan

Mining

Golden Manltou Mines

21,900

21

Feb

79c

.

5.45 Jan
95c

-

Jan

1.30

Golden Arrow Mines.
Golden

'

66c

75c

J,

Giant Yellowknife Gold Mines.

Gold

Jun

5.20 Jun

Gold

—————

Gillies Lake-Porcupine

God's Lake

July

Ltd——

LoblaW OrocctcHflO
flnsfl 4<,P"

General Steel Wares common.

Glen or a

Jau

10c

—

> ■

•
1

General Bakeries

Preferred

40c
86c

Mines

Little Long Lac Gold Mines

;

General Products Mfg class

8,150
7,810

Lingman Lake Gold Mines

preferred.

Gatineau

46c

10c 10 %c

Mines

Oro

Lexindin

■

Mining-..—

Exploration

45c

Leitch Gold Mines. Ltd

Ford Co of Canada class A—L
Frobisher

4%c Jun

Luz Mines

Lebel

Mar

Fleet Aircraft—————
Francoeur

1,000

"

Laura Secord Candy

—

—

Kirkland

•.

6c

48% Jan

Fanny Farmer Candy Shops—

Federal. Grain

May
May

5c

70c

1

Lapaska Mines

4.75 July
12

common-

new

17c
20c

—

Lapa Cadillac

"

•>

Falconbridge Nickel

>v,'V :

Mar

8%

—

Gold

Lang & Sons

July

29

2,300

1,000

Lamaque Gold Mines

July

50c

20c

23c

,

Lake of Woods Milling common.
La

Mar

71c

——

Mines.

English Electric class A

——

Mines,

July

1.60 July

18c

10c

Mines——.———1

Fortune

Lake Shore

10% May
13% Apr

Economic Investment

Eastern Steel new common——

Players

88c

30,850
1,500

Lake Dufault Mines Ltd.

Jun

v.; ;'•

•

'

i

Townsite

July

Famous

■

1
1
1

—

Lake

Laguerre Gold

Jan

7c

Class B

i

*
1

-

Labatt (John)
Labrador Mining & Exploration

July

1.70

Oil

—

——;

——

Klrkland

Jan

75c. July
1:10 Apr

29,000

25c29%c

Co

13

782

y

East Malartic Mines

.i y,f

*

23c

5c

,'..r •

Klrkland Hudson

u:—-—100

—

Gold Mines.—

Gold

18% Jun

2,145

1.12

—

Kerr-Addison Gold .Mines—,

-•

——

Donalda Mines

Gold

1.70

•——1

—

Mining--——

V

US'w.

common—*

Chemical

Dominion Woollens common.

Eldona

187/a

88c
1.60

1

Kirkland

Eider

18%

90c

1

—-

Kenville Gold Mines

*

—

& ;V T C ——L

Crest

35
2,390

18c

.

Kelvinator Co

East

495

43 %

1.62

——1

-i—.

—

Mines

Kayrand

25

Stores

Duvay

5

10,100

35

42%

18%

•

Mines

Mining-.

Preferred-. ————————50

Duquesne Mining

34

40,500
~~

104% 104 %
43

—1

—

Mining-.

Mines

-•

common

preferred

34%

50c

Petroleum
Uranium

Mountain

Jacknife

*

*

.Dominion Scottish Investors com—1

New

42

*

Jellicoe Mines

&

39

1.00

•

Dominion Foundries & Steel com

Tar

40

-

100

International
Island

'

Dominion

40

*

.

preferred

International

—35

2nd preferred ——4—

class

40

1

International Nickel Co common

-25

preferred-

.Dominion Fabrics common—--—

Dominion

w'—

.

95c

40

25

Coke—

&

International Metals

1

—

Pome Mines Ltd——*
Dominion Bank
i
10

.

<

97c

preferred

2

common

new

Malting

Bronze

International Coal

% 4 % °!o

Dominion Steel

'

,

—„1-

Inspiration Mln & Devel

Discovery Yellowknife

Dominion

—

(John).—_

International

Dickenson Red Lake

Dominion Coal

common

• ■

Mines!

Nickel

Denison

.

May

10,000

52%

__

Imperial Bank—j

Crowshore Patricia Gold

,r

69c Jan
3.60 Jan
83c Jan

.

22,000
:■&\

Hunt's class A new..,—

——...

Crow's Nest Coal

>

.

3,730

.

7%c

"*• h*

-

Hugh Malartic Mines

Croinor Pershing Mines

>

7c

20% Mar
13% July

475
1,510

19c

6%c

preferred

Hudson Bay Mining & Smelting

Crestaurum Mines

v.

1.52 July.
33c July"/

H

500

23% ;
14%

1

'

Smith

23%
13%

1

Gas

&

Hosco Gold Mines
Howard

Howey

Mining

Cournor

Cub

...

.

Jun-:

32c

1,000
3,900

Imperial Mills-

Cosmos

Vv

'

1
High
35c Jan
2.70 Jan
30c Jan

Low

High

19b*

—il

* "

' 'V-"* '

Bange Since January

Shares

of Prices

Low

r—
\
;.J————.1

—

Headway Red Lake Gold-—

Sales

Eanfa'-"'?forW«ei",k"

Last

.

Par

188% Apr

*7-0iV'^7'.'

'''v-

>

,

...

Sale Price

Home Oil-

20%
98%

——

Friday

...

2.75 Feb

32c

.5

Mining

%

<

--■' ,7,'r

—

—

.•

Consolidated

5.00 Feb

—

& Smelting.
Consumers Gas (Toronto)

Bakeries

Consolidated

Jan

85o
''

«1

16%
55c

1.90 Jan

1.05 May
Mar
2.90 Jun

11,050

•

,

15o

11,200

19c

16c

'

Low

1.30

1.25

16c

2.91

.»

Mines.

•

1
High

Bange Since January

High

Low

,

.*

Chromium

Bange
of Prices

,

STOCKS

Sales
for Week
Shares

Week's.

Friday

8,1946

LISTED MARKETS

CANADIAN

Sale Price

Monday, July

COMMERCIAL & FINANCIAL CHRONICLE

■;McC,A[Tro!MbfUS Oil;common

.

?|!4 ^ ^

26% Jun
106 V2 Mar

58

-May

12

25
22

Jun

Porcupine Mines

Mclntyre

Lake Mines

Red

McKenzie
McMarmac

Grandoro

.

West Saddlery

common.
•

Gold

Gunnar

Mines

■

Ltd

20%

Hahn Brass preferred——

Cotton

Harding
Hard

Harker

Gold Mines




5c

281

110

13%

Carpet

Rock Gold Mines

15,000

20

—

,.7%c

5c

——

Bridge

Hamilton

19% May

5,560

10

Mines

Hamilton

10

9c

Halerow Swayze Mines

Gold

Mining Corp
Monarch Knitting common——
u

Gypsum Lime & Alabustlne

Halliwell

Mines

Mercury Mills
——
Mid-Continental Oil & Gas

Paper common.

Preferred
Great

Lake Gold

Gold

-

Mines

Great Lakes

Red

McWatters

Graham Bousquet

Jan

McDougall Segur

Jun

Grafton class A

—.

Feb

Jun

Gordon McKay class A——.
Class B ———:

14c

12%

•;

76 %c

86c

18 %c

20c

r..

.

;

!

,L

.

110
12,350

12,900

July
May

9% Jan
18% Mar
11% Mar

£

76 %c July

170

Apr

New

18% May
101%

preferred _—'—r

Moneta

Porcupine

-Montreal

Montreal
Moore

Light Heat & Power-

Locomotive

Corp

Mosher

National

Long

common

Grocers

National Steel Car
Negus Mines

r •:

797/a

.1

Lac
common.

25 %c

.*

2014

79%

80

25c 25 %c

2014

20%

27%

27%

2.55

2.78

Jun

-

JVolume ld4

Number 4505

f •t

wtr

•\r%T'AT'V.r^r. v

THE COMMERCIAL & FINANCIAL

CANADIAN
: ;

\ v^

a'tt

•

CHRONICLE

LISTED MARKETS

RANGE FOR WEEK ENDING JULY 8

4,100

36Vic Jun

1.60 Jan

90c. .July

700

3,600

24%6 May

i;

,

55c
60c

.

Mar

Jan

Toronto Stock ExchangHiDrb Seclin
Canadian Fonda

STOCKS

Friday

Week's

Sales

Last

Bancs

Sale Price

of Prices

Par
British Columbia Forest Products

low

•

4

3Ye

British Columbia Pulp &
Paper com—*

67

67

Brown Co

common

1

Preferred

,

Canada & Dominion
Canadian Fairbanks
Canadian

Vickers

Sugar

__1

.

Consolidated

Paperr

Dalhousle cil
deHavilland
Disher

'

.

Textile

..

■

.

_

........

common

195

23

39

May

3%

Pend Oreille

Supertest

For footnotes see page




184,

Paper.
*■

'

Investment......

Petroleum

Temiskaming Mining

31

ordinary.

Jan

43% Jun
173
Jun

2.80 Mar

150

2.10 Jan

4.00 Jan

19

20

3,740

15% Mar

23% Apr

32o

^-e

4,050

32c

'

..

41%

41%

•

32c
7.;-

600

17

150
*

60

July

85c
'-1J< 18

Apr

21

July

39% Feb

125

95%

,

15

45%

Feb

118

Mar

1,65

1.65

1.70

1,625

29

29%

75

23% Jan

50%

51%

.

1.50 Jun

29

-51%
..

21

<

128% 128%

2122%

..

,1,430
10

.

44% Mar

121

Mar

2.15 Feh
39

,

Jan

59

Apr

144

Apr

18% Mar

27% Maf

* 2.70 Jan

6.09 Feb

?.-?»

2-50

1,500

25c

25C

25C

1,085

48%

48%

..

13c

12cl3%c

Apr
May

20% Apr

1,280

3.50

*

Jan

Jan

50

110

17%

3.80 Feb

^18% Feb

'

40

110

,

5

.

3%

21

.1

Feb

2.50

17

*

29

3

21

,1

Apr

40% Jun

May

18

j

Apr

104'/a Apr

May

149

21

International Paper common~_M_«~~15
Preferred
.........100

Southmount

75

190

*

.

Ontario

3Ye July

41

172

May

2.50

.

Hayes Steel.

&

100

July

41

19%

»

85

172

17%

Fontbiiio nn Xr Vw

8Va

Jun

40

■

,

5
78

-

5% Mar

24

Donnaconna Paper

Minnesota

470

3%

■

High

3Ye July
Feb

58

40

3%
-

,

._

6%

*

common

preferred

Dominion Bridge
Dominion

...

Aircraft

Steel

v

115

23%
89%

—

•

i

2,380

16

1

4

n

:

Low

4%
67'/a

86

172

*

Range Since January 1

V*

*

Lumber

.

,

85

...

••Coast' Copper.'

Shares,

High

\i.~

■

...

common

Preferred
Canadian Western

6

__

♦

.

........

Marconi

Canadian

.100

.

-

14-

tor Weak

6

5,500

^

46

May

*07».fun

12c

May

33c

Jan

THE COMMERCIAL & FINANCIAL CHRONICLE

Monday, July 8, 1946

OVER-THE-COUNTER MARKETS
Quotations for Friday, July 5

For Quotations on Real Estafe Bonds

Shaskan

OVER-THE-COUNTER SECURITIES
•

'"'-A-

,<

Firm
250

Ward
'

<>>

Members New York Stock Exchange
Members New York Curb Exchange

Trading Markets
40

ACTIVE ISSUES
Tel:

120 Broadway. New York
REctor 2-8700

Co.

&

Exchange Place, New York 5, N. Y.

Dlgby 4-4050

•

Bell

-

,

'

Reorganization Rails

1

(When,
Bid

Amerex

1
1%

9.17

10.06

American

8.07

44*4

Series

5.32

Standard

Oil

Fund

B
K-2

Series

.

Series

...

20.05

21.56

Knickerbocker

%

7%

SVz

Loomis Sayles
Loomis Sayles

w—

n.n M «i

7 Va

87a

America—.—

105.17
25.92

27.87

Broad Street invest Co Inc..—

23.32

25.10

23.78

26.06

71

74

ist 4s_

Conv

"hie Ind'polis & L'sville class A

Common

_1994

104

106

2019

_____

income' 4%s_

94

Income
r

96

.5%

2018

___

St Louie & San

82

1993

50

&

Grande

Rio

com

76

81

33

—

Preferred

35

70

72

23

25

56

58

103%
St Louis ft San

Francisco—

1st 50*year 4s_
Income 75-year 4%s.

132.40

18

47

i

84

101 Vt

16

•

preferred ——.——100

Denver

4.V2S
1st 3-4s income—

Ask

—

Chicago Rock Island Ac Pacific-

Denver ft Rio Grande-

8.29

7.48

Fund

Mutual Fund—*
Second Fund—10

95

Francisco

Preferred

101

-

,

103

83

corn■

85

60.90

59.68

109.55

0

7.90

92

2003

2nd 4%s

17.97

7.11

6-4.

18.65

Md
Stocks

1983

Chicago Rock Island & Pacific¬

20.38

16.33

Series .8-3,.

9%

36.85

19.53

S-2

9.90

B__

33.91

33.58

Series

.

—

Axe-Houghton Fund Inc
Axe-Houghton

12.36

9 r:-;-'

snaren—

■-

5.83

11.39

24.86

30.82

Series

AS %

Foreign investing-lOc

Assoc'ted

22.69

Series

7.38

—10

American Business Shares—a—1

Ask

12.54

(Cent, )-

Keystone Custodian Funds

Holding Corp

B!«

11.43

Far

Ask

Bid

Far

Mutual Fund*—'

and if issued)

as

Ask

Indianapolis ft Louisville—

.1st 4s

Affiliated Fund Inc

1-953

Tele; NY 1-1287 & 1-1288

Bonds—

Aeronautical securities

Teletype NY

Phonos

Chic
-

Co.

&

■

Direct Wires t& CHICAGO ^ PBQOLADELPBEIA

•

.

:

-Members New York Security Dealers Association

1920

Established

l:Y\' v-'\

'Blair; Si iCO—_,w*l
Bond

inv

of

Tr

Fund

Boston

Bullock

Inc

Fund

—1

Ltd

Manhattan Bond Fund Inc—

10c

Mass Investors

'.Canadian' Inv "Fund Ltd.—1—3 U

5.50

6.05

;

•

34.63

37.24

1

Century Shares Trust
Chemical Fund———

16.24

151

;

6,02

17.87

15.89

17.05

1

13.10

14.16

National Security SeriesBond series....———...

7.41

*■

2.02

Income

6.27

series

46,

56%

59%

Home

31%'

,10

58

60

Homestead

81

84

22%

24%

Agricultural

priced bond series....—.

7.75

8.52

American

Automobile

6.04

6.77

American

Casualty

9.57

10.57

19.15

Selected series

5.25

Speculative series

4.83

57.34
7.82

Fundamental Investors Inc—2
Fundamental Trust shares A.. -2
General Capital Corp
•

17.89

19.61

General Investors Trust

1.

,,,

;/GtonF'Seourltles---,fir,,.1

60

Aviation

6.56

Bank

19.43

11.05-

Chemical shares——_

8.09

8.89

13.77

15.11

Electrical Equipment
Food shares J.
V;

6.76

9.56

General bond shares.
Institutional bond shares—.

9.66

12%

American of Newark—

3%

20%

13%
21%

Merch ft Mfrs Fire N Y

5.37

8.38

American

Re-Insurance

_10

19.40

American

Reserve

.10

18%

20%

National

Surety

25

71%

74%

National Fire

10

41

43

—

Bankers & Shippers

12.84

Boston

11.47

11.19

15.84

10

75

stock

16.65

18.17

Connecticut General Life
Continental Casualty—:

11.94

13.12

Crum &

14.03

19.07
10.76

9.79 >■

14.13

9.51

Railroad equipment...

10.94

12.02

Steel

10.66

11.72

7.81

8.59

Republic Invest Fund
1
Scudder, Stevens & Clark
^ Fund, Inc
...—•
Selected Amer Shares
2%

3.85

4.25

6.19

6.81

6.74

7.52

stock shores—

7.35

Steel shares.........

6.68

Tobacco shares

5.38

5.92

7.16

7.86

Utility

shares

1

Huron Holding Corp

Foundation

Income

90c

•

1.05

——

ft

(Geo!

Fund Inc

—-——100

1.96

2.02

31.52

33.89

Fire Assn of Phfle.

Institutional Securities Ltd—Aviation Group shares
Bank Group shares

Union

Bond

Series

4.84

Fund

5.32

119.33
16.60

7.77

8.51

Great

1.06

61.00

98c

18.06
1.09

Insurance Gr&up shares—

1.13

10.31

18.08

19.80

10

36.25

39.41

—1

17.27

17.64

12.27

Investment Co

of America

Investors Fund O—i

20.90

B-l—.—

Berie*

B-2_———,

28.33

31.03

Series

B-3

19.20

21.07

28.73

——

30.10

—10

59%
181 ''
61

Bonds—

Arkansas

vUnit Type Trusts—
.2.50

Pow ft

2.94

1

Calif Elec Power

8.00

•

3.97

;

Series 1950—

Cent Vt

Pub

Conn Lt &
Erie

RR

14% '

St Paul Fire & Marine

115%

25

55%

57%

.

10%

12

15
15

36%

v

1050-1948—
May 1, 1952-1950
Jan. 1, 1953-1951
Feb. 1, 1955-1953

33

31%

U S Guarantee

124%

100&
99JI

100|}

100 v*

ioo%

9911

Issues

*

104

W* 104%.

.

I:.,

I%%;
f March 15, 1947—
—1%%
iSept. 15, 1947—., i—,
1%%
tSept. 15, 1947—
—
1V*%
tSept. 18. 1948—.;
IK*




Bid

Aet

bi.00

61
93

:

2.50

36%

39

i

99%

V:'-

1976

105

105%

; 103

"

99%.f

106%

105%fr;l06

1976

'

.

102%^vT02%

1975:

103%%103%
1057<S 10672
1077^108 ;
1037$: 104
102%?vl02%

(Indiana)

37sS—1975

0,85%f

Brook

1975

2%s._1976

Biouvcyty Gas ft Ei 2%s—-197A

•

971/,

107% !
10674
110 ^

109

105%
10674
Pennsylvania Electrto fcTO^--- "103
104
Potomac Edison $3.69—-—100 5' 105%
107
'
Puhlic Serv (lad) 3.50%
101 !J 'v Jo2%
Ruppert (Jacob) 4%%.
100
107%
109
Sfcifanton Spring Brook 4.10%>___ -i1067?
igg &
Sioux City G & E 3.90%
.100
106% / 107%
Union Elec if Mo 3%%__
1067a
10772*

10374-./ 103%

1975

Serv

< •

Par?

Monongahela Power 4.40%—100
Ohio Public Service 3.90%

10974&;ai0

Jii—-1974

Service 2%s—1976

"

_

_

Preferred Stocks—

0106%#VI067a
103#X_J04%

1986

i

_

Central Maine Power 3.50%__.
96%
Central Pow ft Lt 4%
—100
106
Jersey Ceiitral P & L 4%
-106

104%&• >05%

1975
1975

Power

Ask
100%*

..

110%£'lll%

1953"

Bid

99%
99V8 '
Tenn Gas. & Transm 2%s—1966 -102 .102%;
Texas Elec Service 2%s
.:1975
103%
104%
Texas Power & Light 2%s.1975 103%
104 ,i.
Ufcah p0,w ^,Lt 2%s____—1976 101%
102%
Wisconsin Elec Pow 25/8s_.1976 102%
102% :

$$,J04%

10i%
13014

I

_

,

"Ufttoi»;;Oirv-(Cal^. IQ7^

102|>J;102%

Unrted Stales Treasury

131%

,

—

100.9

Certificates

100.9

Aug lr 1946—.,.—,Q0f4 "
tf%s Sept. lr IIMLwmmnm,
8093/
t%S Oct. 1, 1946
.0099
t%& Nov. lr.1946.—— r ,0105 :;

.0127

4%S Dec, 1, 1946—..U,,......I „
t7/eS Jatt. 1, 1947.—________
t'/sS Feb. 1, 1947

,0136

.0214

.0138

.0251

k Removed

*%s March X, 1947—————.
t'«fcs April 1, 1947
—

.0157-

.0287

t Ex-stock

t'/sS June 1. 1947

.0309

.0488

.V/bS July 1, 1947-i—.0340

.0535

.

.0215

.0110

15,

—

.

'

100.8

1946:.^——' bo.3^5
0.34%
Aug. 22., 1946—
b0.375 -,9.35%<
;Aug,i" 2^1946-^---^tS'b0-575^O.35%^'
Sept. 5. 1946
bOf375
0.35%;
Sept. 12", 1946—1—.—.—
b0.375
0.35%
Sept. 19, 1946
b0.375
0.3501
Aug.

July 5, 1946—...——
—.
bo.375 9.28%
^rJul5t-lDvl948;i.bO.37$ ."0.33%,;
July 18, 1946———
bO.379 6.3?%
•r
July 25, 19461——
1—
bO.370 0:33%

100.8

l

v.

•

-

.

Bilk

oiir.fav- discount At.purchaaa.«

tJ-t '■

Dollar FrfcelOOPTui
of indebtedness—

51%.

-

1

Tt 8 Conver8lon 3a..M,«^i. .. .,^1047

Maturity-

58

88

36%
720
i"

Socony Vacuum Oil 2%s__1976
' Standard OirfN J) 2%s;-_-197I

105>/jt|?I05

1074

Public Serv (Okla) 2%«

Quotations For U. S. Treasury Notes
Int. Rate

.

49%.

4

•

■

Portland Gen Elec 37s8

Figures after decimal point represent one or more 32d* of a point
Maturity—
tDec 15. 1946.—

'
.

Security

1975

ri: t

-

122%

34.

10

Westchester Fire

3s

27s*-_

Pub

Panama Canal 8s——.—1901

X

37%.

:

129

107##108%

Pwr 3s ser K—1980

Scranton-Spg

15, 1946

1

58

35%,

Guaranty Co..2

U S Fire—

29'/4

Monongahela Power 3s-

Federal Home Loan Banks—
Oct.

80

.

118

U 8 Fidelity ft

102

29

7.7.

705

31%

Montana

Page 166.

Ask

0.90%

.

55

100

—

—__B

Jersey Cent Pow ft Lt 2y«s_1976 % 103%% ;i04 ->
102'^(103

23.50

Obligations Of Governmental Agencies
1,

>

7%

30%,.. ,32%.'
-

Travelers,

•

•

27

12%

Springfield Fire & Marine
25
Standard Accident-..,.,
—10

30%

.

43

6%

Surety...———— 10
Security New Haven..
.10

Philadelphia Elec 2786-

Oct

t

;90,

15%

40%

.

Seaboard

42

23

__B

Mt States Tel & Tel 27bs

I%S
lV4s
1ft*
sy«s

Providence-Washington ———10

26%

98

-i j v-

14%

(NY)—2
Republic
(Texas)—
10
Revere (Paul) Fire— _;
10

Serv 2%s

Narragansett Elee

Federal Land Dank Bonds—

1

67

64

Reinsurance Corp

40

Lt 3%s-l074

2s

Ohio Public

Bid

:

104

....10 .86

Accident——f

13%

Kans Okla ft Gulf Ry 3%s_1980
Laclede Gas Lt STiSu—
1965

FOE NEW YORK CITY BANKS & TRUST COS.—See

25

.93

187

Bid pS Ask
^4';-

Illinois Power Co 2%s._:

3.42

U S El Lt & Pwr Shares A—

54%
,16%i
."■7%

,

99

25

•'

Birmingham Electric 3s

Diversified Trustee Shares—

Beries 1955..

-

64

111%

a

„

North Amer Trust shares—

Series

Preferred

22.79

D

6%-

10

Phoenix

"74%
6iy4

28.71

Independence Trust Shares
Keystone Custf tan Funds-

,40

Recent

13.41

26.26

1.24

Stock and Bond Group shares.

•

23.88

Union Preferred Stock Fund

1

>

,

25.54

21.85
9.43

Wellington Fund

—.8

-

25

10

Fire—

r

15%
23V4

'

,

1.26

24.77
.

52
.

7%.'

35
35

12.50 ,89

Pacific indemnity Co.
38

-20

.,

-

200..

;

33

10

Fire

_10

;

———

Hartford

64.00

1.13

_—

American—

Pacific

:

70%

B

Hanover

97c

Union Common Stock Fund B—
16.48

Fire

Globe ft Republic
Globe ft Rutgers Fire com
2nd preferred

15.23

series A—.

G.

37

-10

—10

'

25o

B.

Series

18.85

116.97

7%

2.50
—

:

69

«■■■•

'II

—B

Rlver_—_—

6

26%

66

52%"

35

General Reinsurance Corp
10
Gibraltar Fire ft Marine
10
Glens Falls Fire————.5

30

17.53

1

Sovereign Investors
1
Standard Utilities
10c
State Street Investment Corp...

V

?

20

Trading.
Fund

50

Fireman's Fd of San Frah—;_10
Firemen's of Newark..
__B
Franklin

Trusteed Industry Shares

Incorporated Investors——B

Common

.

!.._5

—.10,

—

15.52

8.65

Oils

Railroad

.

Forster Inc

Employees GroupEmployers Reinsurance
Federal
Fidelity & Deposit of Md

15.41

17.37

Metals

-

New Hampshire Fire—

'

12.81

11.66

—

Putnam

Bond shares

Northern:———

14.42

Petroleum

RR Equipment shares

78

Diversified Investment FundDiversified Speculative.
Electrical equipment

6.71

Railroad

Northeastern

25

6.10

Railroad

27

10

__B

—

:
24%

.

City of New York

12.54

V

North

New YoVk Firei——

14.24

shares..—...—.

25

13.25

11.14

—

67%

23%

12.06

10.14

—

64

10

81

.

8

•

v

—10

76

Camden Fire—

Machinery

—4

_;

Casualty (Detroit)—10

New

12.80

5

—

7

Liberty—.;
—J
20
Amsterdam Casualty.——2
New Brunswick
—JO

7%

18.62

—

Fire

22VJi
.97
30%

28%

4

,

41

.92%..

National Union Fire

12%
25

16.96

Insurance

10.61

V

a

Baltimore American.

15.82

11.69

stock....<

11.42

Petroleum

■

10.02

Monarch

37

17.37

9.11

12.97

—mi,

Mining shares———
-

15.82

—

Dow Price Shares

——

——

35

105

•

20%

National

—

14.41

—

Merchandise shares

Investing
v

—I
12%

5.81

Merchandising

10.10

10.50

;

7.44

9.19

10.67

Administered shares—.

Industrial Machinery shares—
V

/

12,14

Building shares.——

Casualty—

Massacnusetts Bonding

.

18%-

38

Merchant Fffe AssUr.____——0

Chemical

9.46

9.49

shares—

Maryland

13

23%

Automobile

Building supply.
Business Equipment

11.00

8.61

36%

11%

7.58

Automobile

10.01

34%
21%

;

33%
■

102%

20

18.43

———

England- Fund..*.—......1

Agriculture

50.04

■
—

4

.49

„

17-

-

Insur Co orNorth Amerlca___10

__5

Hi* York Stocks Inc—

.

,-n

Agricultural shares
Automobile shares

New

7.85i

6.88;

.19

American Equitable:.-.
__fr
American Fidelity 8e Casualty_B

8.71

Stock series

2.75

2.51

Fire

American

31.91

29.63

B

—

Jersey Insurance of N Y
10

Preferred stock series

Fund Inc
•
Industrial FUnd, Intf-

"Fully

.28

17.91

..

Financial

Avlattoh

'

American Alliance

29.60

First Boston Corpi———10
First Mutual Trust Fund——0

Fidelity

Life

101

6.93

10.87

97
-

—

Low priced stock common-

in

m

Pa*

Hartford Steamboner inspect-io

_10

Aetna

—

stock

Companies

tot

_10

8.13

9.79

series

/Industrial

BIO

Aetna Casual & Surety.
Aetna
k

27.68

Fund..

Fund..,.,

Stock

Pa*

—

& Howard—

Balanced

Insurance

19.53

Low
laton

18.88

10

Securities—
/Balanced shares
mmrntrnmWMSHMMj

Mutual Invest Fund Inc

25.16

1.84

Delaware Fund..

Dividend

'li- 7.58

23.27

,—1

Commonwealthlnvest—

34.18

17.56

National Investors Corp

! 1,470
.

10.18

31.97

Nation-Wlde

17.57

Christiana Securities com
100 3,370>
145
Preferred
——.——.—100

9.26

1

2d Fund.——1

Common

Mass Investors Trust

100.23

104.24

100.14

100.15

101.4

101.5

Bid

.0250

Ask.

Aug.

.0160

.0160

Aug.

1,

1946—__—b0.375

0.34%

8Vb0,3^

./

>•

- ■'

i.:

»

j
^

•

'jbept, 2%^19461111.-1—> bO.370 « 0.35%

:

•

•»'

••

;

•.

.0168

.0396

a

Odd lot sales,
to

Stock

dividend.

•No par value,

•dividend.;;-;

b Yield price,
Exchange,
r

c(Cash sale,

d Deferred

delivery,

e

Ex-interest,

f Flat

price,

Canadian market.: s Cash sale—not Included In range for year,
is^ue^' w d When delivered, x Ex-dividend, y Ex-rights.
tin default.; tTbele bonds are subject to all Federal taxes.
lEx-liquldatlng
(Un)

Unlisted

<

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4505-

Volume 164

•£•^

■■■■

THE COURSE Of BANK CLEARINGS

.'V.--

..•'<•

••

••:?y

.•"»

v,.

'<•

,

1946

Week'Elided • June 29:
1945

-

0A

Inc. or

1944

9";

1943

'

B^k

^

show an increase icomptod with? a year ago,
'Preliminary figures compiled by us, based upon? telegraphic advices from the chief
cities of the .country; indicate thai for the weete, ended Saturday, July g; clearing©
cMrings thfe

for ail cities of the United States from

for the week follows:

*

;

;• ••

■

.

j'

.

,'s

v

"

O

•

Week Ended

JulV 6—

.

£

..

■

'.

•

194ft

1945

800,560
1,922,570
719,000,000
1,900,433

7,900,228

rJK
Delaware—Wilmington

,1,657,268

.

2,160,946

1,765,786

,+6,046,106
8,394,040

Jersey—Trenton

+5,733,690

,

Total (10 cities)

,

'

4,877,2263,906,182

V

•

;

#800,000,000
1,951,514

—■

Reading^..^^4*4»*M^^a».«..fl.ll^
t^!im

New

ciearlngs—Returne toy Telegraph-

.

.?!,

Philadelphia

938,179

"

.

830,015,611

—

5,881,800

738,913,631

M

+16.2

;.^iyl40;753 \-,:«ti4J0.9

902,113
'727,84V.
; 2,211,806 y '

vgcrantonu,;.^,,^"
Wilkes-Barre

-

%

'

•

'PyMOOdW:'-*)?Ovfrji■■
Lancaster-—,—,—-..,^,; „,,;', ,„;,/,■

Our preliminary

year.

$10,800,143,144 for the same week in 1945.
gain for the week ended Friday of 51.7%.
Our comparative

At this center there is a
-summary

■

at $12,913,844,614 against

stands

total

1-f•

which it is pbssible to obtain weekly clearings

corresponding-Week last

above those for the

Win be 19.5%

third federal Reeervc District—Philadelphia—
Pennsylvania—Altoona
"
1,089,897

*

602,004

+

■

"

594,956
1,207,357
772,817
1,478,780
681,000,000
1,838,224

'"

1,552,311
784,784
+15.0
•
1,876,858
+11.3
726,000,000
+ 2.7
1,816,477
+19.7
3,256,445
+ 376.7 :£££:$ 2,013,536
+22.4 iV
1,975,394
—

9.1

:Ti

'

"

4,002,846

££'£

1,691,461
1,700,427

5.4

_

+42.7

"

+12.3 -' ''

8,945,100

1

1

748,822,909

—

5,814,000

700,100,868

%

'

$7,628,282,705

New York—

,

Chicago

..2m

r

•

■

■

*

—

—

.-

+

423,148,906

370,629,290

+14.2

521,000,000

+37.4 '

' 378,774,392

293,629,041

:i

—

Fourth'Federal Reserve District—Cleveland—

51'+.

716,000,000

"■■■■

—

'

Philadelphia-..-

$5,029,762,464

Ohio—Cfl.ntn»-i_,

'

5,229,190
119,450,001
Cleveland
246,700,007
Columbus,—' 19,639,100
£ Mansfield-—
3,220,501
Youngs town—
4,562,184
Clnnlnniift

.

4,662,388
121,090,011
240,117,159

,.

■

,

.

■

*

Kansas City

*

+ 29.0

«

>|91,040,896

149,753,905

+27.6'.

167,900,000

136,000,000

+23.5

234,754,000

211,137,000

+11.3

192,585,147

--—

St. LOUIS-—

1

•

—

-

..

—

Pittsburgh—

;

—

-

Baltimore

—

Ten cities, five days——

180,371,121

+

181,983,926

161,181,565

124,864,264

+

Pennsylvania—Pittsburgh

6.8

Total

2.2

$7,178,328,650

+42.7

West

1,854,171,060

Total all Cities, five day*LAll cities, one day—

1,543,648,380

+20.1*

Virginia—Norfolk

$12,096,213,361

$8,721,977,030

Virginia—Huntington—-—

2,086,166,114

Total all cities (or week

South

+38.7'

817,631,253

——

—60:8

:

;

—

+19.5'

Complete and exact details for the week covered by the foregoing will

In the elaborate detailed

ended June
1

statement, however, which

present further below,

we

able to give the final and complete results of the week previous—the week

we are

i

press.

has to be estimated.

cases

For that week

29.

there

was

clearings for the whole country having amounted- to $12,676,526,902 against $12,339,-

318,562 in the same week in 1945.

<

Outside of this city there

bank clearings at this center having recorded a

iji

cities according to the Federal Reserve Districts

.

We group

the Philadelphia Reserve District of 12.3%.

District the totals are smaller by 5.9%, but in
totals

are

•Reserve

District of 7.5%

-

has

to

its

credit

a

gain

of

In the Cleveland Reserve

in

the

^District of

The Chicago

LoUis

St.

14.3%.

29.2% and in the San Francisco Reserve District

Reserve District—Atlanta-

15,467,922

10,641,745

+ 45.4

50,259,099

39,699,054

+26.6

174,200,000
2,716,322

147,300,000

+18.3

...

—_

Mobile—

—

103,377,997

84,198,269

■

4,356,091

—

j

—

Louisiana—New Orleans
Total

272,831

2,115,793
1,643,765
'49,153,136
52,016,181
4,512,299
205,204

2,550,030

65,552,718
60,445,769

—

Mississippi—Vicksburg

,

(10 cities)

+28.4

+55.1,
+33.4

+16.2
—

3.5

+33.0
+22.8

479,198,779

Seventh Federal Reserve

Reserve

District—Chicago—

Michigan—Ann Arbor

1,01

Grand RapidS—

7,33

Lansing

4,09

5,594,026

3,70
38,65

3,999,856
34,580,000

Indiana—Port Wayne

-

—

Indianapolis
South Bend-———-—-——.
Terrc Haute;

Iowa—Cedar Rapids
Des Moines—

■

■.

-

^

6:

Chicago

590,344,356
1,946,814s

l,9<
7,K

.

Rockford—

6,479,975

4,76

^

Springfield
.

Total

SUMMARY OF BANK CLEARINGS
Week Ended June 29—

Federal

1946

Districts

Reserve

$

Boston

$

493,043'jOlO

2*1

New Yofk—

*

7,372,091,912

7,462,523|o51

^

12

3d

Philadelphia

830,015,611

738,913,631

10

5

•

4th Cleveland

—

—

°
"

479,198,779

17

M

756,045,868

4

"

342,871,621

7

"

246,989,845

———

<

8th St.

i

8th Minneapolis

LoulS

—

—

—

I;X0th Kansas City
11th Dallas
12th Ban

—

516,551,603

10

7,467,207,933

5,437,781,207

748,822,909

700,100,868

5.9

671,854,121

666,441,126

—

+

0.5

322,221,498

'

Eighth Federal Reserve District—St. Louis-

+22.4

417,629,587

.

+

9.8

746,771,303

+

7.5

315,527,599

278,290,568

216,079,038

+14.3

204,186,190

200,884,261

313,969,272

+14.7

284,203,882

282,014,270

+29.2

156,078,709

127,023,484

592,729,313

492,900,823

201,306,904

155,831,104

"

606.9J0.374

558,727,718

-

+

8.6

.

12,676,526,902

12,339,318,562

+

2.7

12,443,784,647

9,9(55,476,023

5,540,832,131

5,065,392,278

+

9.4

5.178,464,996

Total

(4 cities)

<

••

;•

342,871,621

-

District—Minneapolis—
4,773,698
170,318,917

Minneapolis—
St.

Paul

North

56,815,863

—————————

Dakota—Pargtf—-

South Dakota—Aberdeen—

4,051,023
2,013,212

Montana—Billings-—
Helena—-—.—

1,735,231
7,281,901

—

(7 cities)—

246,989,845

Week

1946

First Federal Reserve

_

-

$

June

29

Hastings
194*

Inc. or

29

-

i—

—

Lincoln,

1943

Dec. %

$

$

3,642,457

Massachusetts—Boston—

911,665

424,760,586

-

+46.3

1,293,018

2,936,814

.

+ 24.0

3,465,791

424,542,928

-

+

0.1;

447,638,236

.

.

814,572
:

4,372,302

^

Fall

River—J—

1,503,410

•

——

LoweU
IfeW Bedford-.

•

1,033,008

572,562

387,722 '

+45.5

509,439

Pueblo———

5,713,650

—12.4

1,40

1,074,789

+31.1

+14.6

+20.8

1,20

—

Total (10 cities)

358,259

1,742,471

1,443,547

+20.7

1,219,101

6,290,042

—.

—

is——

3.3

—25.5

1,016,435
-

5,213,842

+20.6

5,018,491

v' "

4,299,469.

+

1.0

3,547,655

:

+

0.5

+

0.9

—

7.7

359,99

—

1,195,871

'

BpTtogfield

2.6

+

5,00

6,04

Missouri—Kansas City
St. Joseph
Colorado—Colorado Springs--

361,266,190

;

1,121,485

+47.4

+32.6
—

9,65
257,77

;

—

'

•

+ 73.4

331,169
4,197,225

71,722,473
8,112,828
8,424,853
213,443,542

——«

Wichita—

1,334,173

.

-

-

168,395

43

4,08
74,09

—

Kansas—Topeka

District—Boston—

iWne^-Bangor———.
Portland

$

Ended

1945

Omaha

\

•

•

200,884,261

Tenth Federal Reserve District—Kansaa
City-

-

Clearings at—

204,186,190

our

Nebraska—Fremont
'

-

—

Ninth Federal Reserve

Total

add

,

Minnesota—Duluth—

detailed statement showing the figures for each city for the
week ended June 29 for four years:
now

83,210,951

54,053,502
1,207,168

.

.

4,703,342,195

Outolde New York City

We

204,400,000

—

663,943,460

318,999,701

Louis—-——!

Kentucky—Louisville
Tennessee—Memphis^.—
Illinois—Quincy
^

354,739,843

688,757,714

Missouri—St.

276,097,197

391,485,446

"

i—111 cities

(17 cities)?

425,258,916

1,2

+12.3

!

0.3

305.-53S418 ''

"

-10

i

$

$

+
—

359,999,281

'

6

———-

Francisco—

Total

Dec. %

695,455.459

331,645,506-,J*'

t

1

Atlanta

7th Chicago

654,749,607

-——10

6th Richmond

«ih

7

\

'2,924,187
2,040,396

1943

1944

Inc. or

494,641,594

12 Cities

lit

—

1945

i

664,337

595,0;

Decatur—

Peoria

In the following we furnish? a summary by Federal Reserve Districts:

1,960,657

17,818,015
6,938,382

8,0:

Illinois—Bloomington

of 8.6%.

6,898,671

487100,623

2,8r
19,21

—-

—

-

692,910
5,250,102

10,737,996

" 43,46

,

'
—---

Sioux City—

<

4,65
,11,5(

,

—— ■■ -

Wisconsin—Milwaukee

In the Kansas

expansion of 14.7%, in the Dallas Reserve

an

Federal

331,645,506

Alabama—Birmingham

improvement

District by 22.4%.

(6 cities)

Nashville

Richmond Reserve District the

9.8%,

and in the Minneapolis Reserve

City Reserve District the totals register
District of

tlie

Reserve

larger by 3.5%, and ir+thefAtlanta

District

•

an

1,231,020
8,428,000

84,216,669T
^2,659,732
181,559,867
44,128,210

2,850,568
171,706,513
55,788,689

-

Columbia—Washington-

Georgia—Atlanta
Augusta
Macon——————
Florida—Jacksonville

which they are located and from

decline of 1.2% but in the Boston Reserve District the totals show

of .0.3% and in

1,716,910

the

this it appears that in the New York District (including this city) the totals show a

.

of

Sixth

gain of 9.4%, the

was a

decrease of 1.1%.

666,441,126

8,413,000

Tennessee—Knoxville

increase of 2.7%, the aggregate of

an

3,058,787
289,603,831

2,260,731

Carolina—Charleston

Total

the Saturday figures are not available-at time of going to

-Accordingly, in the above the last day of the week in all

306,363,023

appear

We cannot furnish them today, in as much as the week

issue of next week.

our

ends Saturday and

14,850,700

90,626,005

Maryland—Baltimore
District

$12,913,844,614 $10,808,143,144

4,251,723

654,749,607

Richmond—

fa

v

Fifth Federal Reserve District—Richmond—

-

Other cities, five.days-

4,537,041

115,613,900
237,059,957

16,291,900
£■ 2,377,551
4,167,592
272,630,728

2,712,655

-

255,948,624

«.

(7 cities)

$10,242,042,301

—

—

-

+12.9

127,572,329

————

——

Cleveland

—'

———!

-

5,042,991

117,444,423 -il;.

253,898,936

16,258,500

"

flan Francisco—

J

671,854,121

•

• Boston—™—

;

Eleventh Federal Reserve District—Dallas—

5.495,281

•

Worcester—4,342,650
£ Cbnnecticut—Hartford—,

New
Rhode
r

New

:

.

19,396,272

Island—Providence———

(12 Cities)—

i

•

;7,804,888'

22,132,900

23,979,000J

"

1,051,193

■

494,641,594

—

1,194,413
■

.

493,043,019

.

'

' '

,3,159,971

22,242,292
7;849,I53

Texas—Austin—.

,7,655,289

21,600,000

...

1,046,942

1,401,708

0.3

516,551,603

Louisiana—Shreveport—
Total

59,366,085

6,031,642

+ 884.2

31,879,160

68,933,032;

2,540,543

1,922,985

+32.1

1,649,076

5,7

»

(6 cities)

—

..

201,3

Twelfth Federal Reserve District—San Francisco—
v,
0'.f-

1,869,363

61,442,701

—

—

Buffalo—-—-

——w—

l; Rlmlra——
.Jamestown
.

2,0

irnrnrnnwrnmrnm

•'

York—Albany

69,335,000

—11.4

!.-$ Blnghamton——
.

19,2
3,8

Wichita Falls.

425,258,916

+

6,2
164,0

——.

.

Fort Worth

Galveston-.——

20,246,900

—12.0

—

Dallas

18,276,138
'

ieoond Federal Reserve District—New York—
New

.•

'

.'1,209,742
:

——.

,New
Itodhester— „,,,

-

,

,

,wt...

%

,

Byracuse—————'

14,889,39a. 1

-

/J^rsdy—'
M^

'

—203

1,254,528'

.

-13^479,980< +1015;;: £ 15,206^81
+

* 372,831"

+

7.9

7.3

■

..

OregonwPortlaKd—-£4^—wiM+-;:

94.500,469
106,548,236
3,737,512 :ZZV 2,920,768
78,811,058
87,064,048

Utah—Salt Lake

36,282,190

8,343,917
6,138,312
359,477,000

4,748,947

+29.3

305,170,000

+17/8

Ban Jose—- 9,178,189'
Santa Barbara—
———2,832,412
Btackton—.
7,669,318

:

'

—.

Yakima

—.

City

California—Long Beach———Jar

1,016,961

Pasadena

S

San Francisco

13,013;905
7,294,481

9,473,948

+77.3"

38,828,823-

1,157,929

6,238,352.

+35.1

9,415,512

.

Washington—Seattle

8,202,133,828

4

33,75^76^_ 39,015,941 * —15.$ '
612,729,450

""<67,100,000

1,221,894

1.1

6,037,540,

'661,04a ' "

60,830,000;

'

•

1,640,643-. —.9.5-

10,160.048

WorthefdKeWJersey—"

1,51'7,770'

'7^73,926.284

8,157,868

Cdnnectlcut—Stamford

———.a;,,

* "

1,485,487

7,135i694i?n

:

'

i

19,295,714

,

7,872.876

■

Hampshire—Manchester——.

Total

J

Hav^n^-———_i————1.

.

L.

9.5

112,951,166
2,534,925
79,909,426

28,934,635

+25.4

35,397,239

9,355,898

—10.8

7,444,667
6,348,352
335,402,000
6,529,629




7,372,091,912

7,462,523,051

1.2

+ 28,0

90,995,686

6,955,243

+32.01

1,877,279

—45.0

1,727,940

5,152,672

+ 48.8

4,483,969

2,025,400
78,301,74*
26,217,193
£ 8,499,893
4,963,343
271,366,994
4,451,931
1,670,735
4,407,904

£492,900,823

6,786,317

424,368

'31,888,96© CI

T^tal

375,063

*t£

■

.v

(10 cities)
:

-,yy

,

'

;V-vy

41,821,789

41,231,410

7,467,207,933

5,437,781,207

666,97Q;3t*

,W
,

558,727,718

+

8.6

592,729,313

12,339,318,562^ +

2.1

£12,443,784,64t

9.4

5,178,464,996

:v

^

:26.86^918

Vi2;676,526,902
Outside New York-^.i,vil-ii,.i)T.i

.r -i •

5,540,832,131

.

-u.,

5,065,392,278

;

Total (12 titles)——

—11.3

—

V

tNot included

in total.

*•

'

^

~ -

-

t

%

J

" r

•« - -

-

^

+

....

..

..

.

.

.

9,905,476,023
4,703,342,195

THE COMMERCIAL & FINANCIAL CHRONICLE
PARTIAL

Foreign Exchange Rates

v

,

tifying daily to the Secretary of the Treasury the
We give below a record for the w^ek just

world.
r

V

EXCHANGE RATES

FOREIGN

passed:

' 1 *
' v
&<><£»,.
CERTIFIED BY FEDERAL RES ERVE BANK TO TREASURY UNDER TARIFF ACT
•JUNE
4J

lt'i '

1

<

w

}

I

,

'

St

^! > -

v

'

*4 '

28, 1946 TO JULY 4,

preferred stock—July 12
Chicago, Burlington & Quincy RR—
1st and refunding mortgage 3Vo% bonds, due 1985
Aug
1
Chicago & Western Indiana RR.—
1st and ref. mortgage
bonds, series D, due 1962_Sep
1

1

1946, INCLUSIVE

^ V 1 *j j

ef ■

t

OF 1930
/'

Noon Buying Rate lor Cable Transfers In
rr-ll.J
a..»na
Mnn.«
Value in United States Money
'

™

i

.

Unit

1st

.060602*

.051902*

.909090

.909090

♦9Q9090

Collins & Aikman Corp., 5% convertible pid.
Columbia Gas & Electric Corp.—
:
8% debenture bonds, due

.906875

.907031

.906875

DeVilbiss

.570066*

.570066*

.570066*

Co., 7% preferred stock—
Dryden Paper Co., Ltd., 1st mtge. 6s, due 1949

,020060

.020060

.020060

.020060

.208765

.208765

.208765

.208765

4.033750

4.033750

4.033671

.008409

.008409

.008409

.008409

.301824

.301824

.301824

;

Closed

+

.205715

.377892

.904583

3.227000

3.227000

.201611

.201611

.201611

.201612

.040501

.040501

.040501

.091323

.091323

.091323

.238520

.238516

.238517

.040501
■

-

.091323
.238520

Sweden, krona

.233626

.233626

4.005000

4.005000

4.005000

Uruguay, peso-

Per Share
105'A

STOCK

Estate Trustee ($100 jpar).
3
Second National Bank, Boston ($40 par)
4-22 Knitted Padding Co. x.d
20
Boston Real Estate Trust
33
Board of Trade Building Trust ($100 par)
44
10 ? Eastern Storage Co
——
25
Randall Faichney Corp., preferred
100
Checker* Taxi Co., preferred ($10 par).
Western Real

140
,.45
48
24
100
4

'

"

■"

■

July 3,
1946

'

.

-

Odd certificates

i:

*

* r-

17,344,215

760,979

:

•

^

■■

■

710,302

■■

1

1

18,103,034.

18,111,514

Votal gold ctf. reserves.-^

! 18,054,517
201,711.

22,710

279,626
231,243
.1,189
18,173

14,073,893
7,577,982

14,399.246
6,482,370

12,895,737
6,052,011

595,600
755,290

1,748,200
755,290

1,684,950
1,112,642

263.090
238,353

.

advances..—.

and

.

1945

.

17,342,055

770,306
r,,'1

i

.

1,182

loans

Acceptances purchased—;

;

Certificates"!

.1—

—

Hotes

HftpriS

•■-■■■■

- '

'

•

'

(In

23,385,106

Total loans and securities—

23,265,010
83
113,524
2,224,684
32,921
47,075

23,635,711
84
119,795
2,185,412
32,966
50,326

44,057,901

44,406,954

..

Total assets

—

■

■

■

Loans and

24,090,486

15,815,468

Loans

U. S. Treasurer—gen. acct..

507,053
505,286
466,033

Foreign
■Other

...
II

.

•

.

;

■—-——,

17,829,662*
1,835,329*

brokers

!

1,400
73,9

carrying:
Government obligations
—.

1,559
454,
1,277

Other securities—,——.......—,——

90

—

1,889

U. o* bonds
V« 8. I.H"»«|n-r--rrTi(Tnr-.-niwt.i.mwr T ■ — r

;

•erves to deposit And F. R,
note liabilities combined..^.

1,467,000

7,712
41,612,705

228,153

67,065

107,819

44,406,954

42,145,895

27,165

-

"

.

43,2%*

45.0%

indus—

5,407

6,484

5,152

Revised figures.

The condition statement of weekly reporting mem¬
ber banks of the Federal Reserve System in 101 leading
cities shows the following principal changes for the
week ended June 26: Decreases of
$347,000,000 in de¬

mand deposits adjusted, $365,000,000 in deposits credit¬
ed to domestic banks, $510,000,000 in
Treasury bills, and

$325,000,000 in certificates of indebtedness.
Commercial, industrial ,and agricultural

H2769

1

113144

Oct

1

112015

July 1, '47
July 8

*2490

Government

Balances with

gold

debenture

bonds,

series

A,

due

2022

stock

(Del.), preference stock
(N. J.), 7% preferred stock
convertible preferred stock

_July

8

113186
113186

July 31
July 31

well

was

as

a

Eliminated in the compromise
inductions
drafting of 19
The Senate had originally voted

18-year olds.
19-year olds.

to draft both 18- and

Following alconference^^committee's ^report?bn? asbill
to

continue draft legislation until March
31, 1947, the
House approved the compromise by a vote of 259 to 110
on June 25, and;several hours later the
Senate followed

■

suit by voice voter

The measure, which was passed a
five days before expiration of the present stop¬
gap yeontihuing legislation^ was said to represent ~aa
Administration victory because, while not quite the re¬

+1,082
+

1,606

+136

+

13

225

+

Robert

12

+

5

—

.59

+
—

2

441

55

that

—3,024

4

+

600

+
+
+
—

•

16
36

489

+

13

+

52

—

15
316

companion bill

armed

adjusted-

39,522

+ 3,155
+

deposits-

10,063
8,716

Domestic banks
Foreign banks

1,268

Washington dispatch.
extension

measure,

forces" would

be

able

to

obtain

for

the next

few

months.

Both

enough

he

and

men

General

terson

234
76

—

a

draft

Dwight D. Eisenhower, Army Chief of Staff, Mr. Pat¬
wrote, prefer an all-volunteer army if one can
be obtained and do not "desire to have a single man

774

+

126

Borrowings
Debits to demand deposit accounts except
Interbank
and U. 8.
Gov't accounts,

least

—6,305
—

9,025

the

to

through voluntary enlistments to meet their needs at

1,539

Interbank deposits:

was

passed by.Congress and sent to the White House, pro¬
vides an increase in pay for members of the armed
services from 50% for lowest grades, ranging down to
10% for highest officers.
Secretary Patterson said that
with this increased pay incentive he was hopeful that the

235

+

no. one

A

14

—

Secretary of War
read, in which it was stated,
would be drafted during July and
August,

P. Patterson

Associated Press advices stated in

+ 2,187

r

authority which the Presi¬

dent had requested, it was a stronger hill than
many in
the War Department had come to hope for.
Before the
final vote in the House a letter from

653

—

1

+
—

newal of unrestricted draft

167

—

29

—

441

—

>

9

—

Liabilities-

w

1948

House provision barring
any
before next October 1, and
prohibiting the

—

2,096

domestic banks.

during week

notes due

Equipment

measure

—1,131
—1,124

3,394

—.

Time deposits

gold

the House until Feb. 15.

—510

10,244

Banks

6%

drafted" if it
The

16,122

new

can

draft

be avoided.

law? as-summarized by the Associated

Press, has the following principal provisions: It permits
induction of non-fathers between the ages of 19 and
44,
both inclusive: it limits the length of service of drafted
men to 18 months; it fixes the size of the Army at
1,550,000 on July 1 this year and at 1,070,000 on July
1,1947;
It prohibits the induction of fathers, and allows fathers
now in service to obtain their discharge upon
request
Below will be found a list of corporate bonds, notes,
after Aug.
1, 1948.
From Washington June 29 the
preferred and common stocks called for redemption,
> Associated Press accounts said:
including those called under sinking fund provisions.
Although the law permits the induction of mer\
The date indicates the redemption or last date for mak¬

Redemption Calls and Sinking Fund
Notices

Condition Statement of Member Banks




Reserve with Federal Reserve

U. 8. Government
■

358,355
27,428

;

1

Sep

bonds, due 1968

Service Act until March 31, 1947, occurred on June 29.
measure enacted into law is a
compromise between
the Senate-voted extension to May
15, 1947 and that of

—325

26,744

Cash in vault

Demand deposits

170,053

43.5%

Oct

refunding mortgage 5s, due 1965

The

6,514

Other securities
■■

17,036,620

182,860

44,057,901

112769
112769

Coniprpittise Draft Bill Is Siped

758

■...

Obligations guaranteed by U. 8.

358,355

Total liabilities & cap. accts..
Ratio of gold certificate re-

H2769"

1
1

The signing by President Truman of the
compromise
legislation enacted by Congress continuing the Selective

—1,789

9

+

—

183,218
27,428
68,310

112769

1

Vol. 163.

9,415

....

of Indebtedness

Treasury notes

1,206,699
440,150

15,769

/;4

■

H2447

1

mere

„

Treasury bills

1

113186
Co.,
«55
Co., 20-year 1st mtge. 4% bonds due 1955—Oct
1
H2901
Woolworth (P. W.) Co., 2'/2% sinking fund
debentures-July 15
112056
♦Announcement in this issue.
4In Vol.
161.
§In Vol.
162.
JJIn

and dealers for pur¬

Real estate loans.,.....
Loans to banks

661488

43,771,246

43,420,590

Capital Accounts— ■
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)_;
Other capital accounts

to make

,1

9,371

liabilities

<^dh>ana

,

1,795,754

Other liabs., lncl. accrd. dlvs.—

•

to

U. 8.

14,722,283

969,537*
519,116
431,247

17,293,840

——

Deferred availability items

Commitments

+ 114

Other loans for purchasing or

'

Total deposits

Total

—757

14,917

...

chasing or carrying:
U. S. Government obligations
Other securities

23,101,373

15,909,762

1

Aug
Aug

Walworth

and agricultural
7,529

Deposits:
acct.

$tr

61,748

Investments—total

Treasury certificates

bank—reserve

Oct

Victor

1945

Other loans.

24,321,625

113421
H3421

United States Lines Co.

June 27,

1946

$

tau&—tutt»»
■■
Loans—total—
Commercial, Industrial,

Uabili tiesFederal Reserve notes

Member

June 19,

Assets-

42,145,895

pth«»r ftssftta

.

Any time

bonds

K3421

as

1946

21,787,427
110
83,486
1,928,090
34,055
56,499

—.

§2822

,

1

6%

Increase (+) as
Decrease (—) Blue#

21,745,340

-

1947

due

113141

Texas Power & Light Co.—

millions of dollars)

—.

23,002,765

Uncollected items
Bank premises

series B,

United States Lines Co. (Del.),
preferred
United States Lines, Inc.

member banks follows:

38.884
-3,203

Yhtal U, S. Govt, securities

foreign banks
F. R. notes of other banks

bonds,

Southern Pacific Co., 40-year 414%
Standard Gas & Electric Co.—

$144,000,000 in New York City,
$57,000,000 in the Chicago District, $31,000,000 in the San
Francisco District, $29,000,000 in the Boston District,
and $365,000,000 at all reporting member banks.
Borrowings of weekly reporting member banks from
Federal Reserve Banks declined $58,000,000.
A summary of the assets and liabilities of reporting

.

Doe from

1955 & 1957-July 15

July 15

1st

rfelaftvely little change.

June 26,

'

,

_

6%

mortgage 6% income
income debentures

20-year

S. Govt, securities:

BfflS

ref.

H2996

Spring Brook Water Supply Co.—

domestic banks declined

„„

notes
•

-7
.

17,341,208

-

Redemption fund for F. R.

1946

'

> • •

•

&

H3287

1

1st mortgage and refunding 5s, series
A, due 1967—Aug
Water Co., 1st mtge. 4Vis due 1958-Sep

Demand deposits adjusted declined in most districts,
the principal decreases being $120,000,000 in New York
City, $48,000,000 in the New York District outside New
York City, $71,000,000 in the Chicago District, and $29,000,000 in the Cleveland District. Deposits credited to

(—) Since
July 3,

June 26#

'

7'7v

H2009

Scranton Gas &

City; other loans for the same
declined $29,000,000 at all reporting member

securities showed

of dollars)
Inc. (+) or Dec.

.

H3137

1

Pennsylvania Water Service Co.—

Treasury bills declined $510,000,000, of
$476,000,000 was in New York City. Holdings of
Treasury certificates of indebtedness declined $325,000,000, of which $179,000,000 was in the Chicago District.
Holdings of Treasury notes declined $55,000,000.
Hold¬
ings of United States Government bon4s and of, other

Percent
■■

$22,-

Holdings of

January 1958 W. 6.—— ,$48 flat. .

thousands

1
8

Scranton-Spring Brook Water Service Co.—
1st mortgage and refunding 5s, series
A, due 1967
Aug
1st mortgage and refunding 5s, series
B, due 1961——Aug

which

Reserve Banks Combined
(In

Aug

7j/2%

banks.

4%

BONDS?;?
•

8
H3136
113286

Pacific

$23,000,000 in New York City, and increased

purpose

Statement of Condition of the 12 Federal

Discounts
Industrial

.562716*

nearly all in New York

—

'

Other cash

.562716*

000,000 in the Chicago District; all reporting member
hanks showed a net increase of $9,000,000.
Loans to
brokers and dealers for purchasing or carrying United
States Government obligations increased $136,000,000,

^

•■-»*

8

First

Holiday

omitted.

& Co., Boston on Wednes¬

§1513

Co.—

Greyhound Lines, Inc., 4% preferred stock
Rochester Telephone Corp.—
1st & ref. mtge. 2ya%
bonds, series E, due 1960

Auction Sales

Assets—

.658300*

562716*

clined

'

Utilities

mtge.

1st lien

.658300*

562716*

Ifon controlled

7

Old Ben Coal Corp.—

.658300*

Closed

.658300*

Controlled

Bowdoin Square Garage 5s,

gen.

States

National Oil Products Co., 314% debs, due
Northern New York Utilities, Inc.—

.233626

.233626

•

113417

Co., Inc., 7% preferred
Ry.—
.
mtge. gold bonds, series E, due 1977—July 1, '47

McLellan

4.005000

Switzerland, franc
Obion of South Africa, pound

V;

&

H3283

1965——July 26
stock
Sep 12

due

International Telephone & Telegraph Corp.—
25-year 5% debenture bonds due 1955:

Holiday

.904375
3.227000

3.227000

Shares

debentures

Stores Co., 5% convertible preferred stock
July
Macy (R. H.) & Co., Inc., 2Vfe% debentures due 1952—Aug
Nashville, Chattanooga & St. Louis Ry.—
r
1st mortgage 4%
bonds, series A. due 1978
Aug

.909090

.904375

?-r:

day, July 3:v

Simon

income

H3282

1

Aug

& ref. .3Vs% bonds, series D, due 1969
July 26
Illinois Power & Light Corp., 5!/2% deb. bonds due
1957_Sep
I
Industrial Rayon Corp., $4.50 preferred stock, ser.

.909090

.909090

Closed

.909090
—

Transacted by R. L. Day

-July 15

Northern

1st

.377893

.904375

,

** Temporarily

convertible

4y2%
Gulf

113416

;

-

Franklin
Great

Aug 12

stock

A—July

Zealand, pound..
Kerway, krone
Fortugal, escudo
Spain, peseta

♦Nominal rate.

4V2%

.205715

.377892

4

§2142
5
K3129
113281

1961—July 15

Holiday1

.301824

.205715

.377892

+.

_

.

Paga

(Sidney) & Co., Inc., 7% preferred stock„Oct
1
& Power Co., 1st mtge. 5s due 1951-.Any time
Canada Wire & Cable Co., 6V2% preferred stock
July 15
Central Pacific Ry., 35-year 5% guar, bonds due
1960_Aug
1

Butte Electric

"

.205715

peso

—

H3420
113290
113424

Blumenthal

Of

6«

—

guUder———._^—

•

Eversharp,:;.Inc.—\

4.033750

Free—

v

Date

.060602*

v

:

112991
H2991
8

CALLED

Company and Issue—

.251247*

.570066*

Mew

;•

July 15

.051902*

r

Official

o

ISSUES

A

.060602*
.051902*

■C4

••

Mewfoundland, dollar—

'

ENTIRE

series

.906875

Motherlands,

•

(Ohio), preferred stock,

.022845

,051902+

Xagland pound sterling..
France (Metropolitan) franc
3B41& (British), rupee
Daly, lira

\p

Co.

.022845

.060602*

Denmark, krone

.•

Oil

.297733*

.251247*

K3130

1

3.214113

'■> "

'

-

,

Colombia, peso
;
Czechoslovakia, koruna

$1,500
'

Aug

.022845

Official

3

Aug

series G, due 1974___
3Va% bonds due 1971

3.214113

,022845

Canada, dollar—

"

1st mtge.

$

3.214113

Free

■

bonds,

Co.,

3.214113

Official

■

July 3

U3129

1
1

-Aug

.909090*

Free

Australia, pound
Belgium, franc
Brazil, cruzeiro—

Mexico,

mortgage 2%%
Power

Standard

July 4,

July 2
.297733*

July 1

d*

; .297733*
4 .251247*

Official
•

bonds, series E, due 1969

Mississippi Power Co.* 1st mtge, 3Va% bonds due 1971—July 15
Phillips Petroleum Co., 2%% debentures due 1964
July 15

.251247*

""

mortgage 3%%

1st

New York

.297733*

June 29

June 28

Argentina, peso—

J3413

Cincinnati Union Terminal Co.—

Gulf

Country and Monetary

Pago

Date

American Gas & Electric Co., 4% %

requirements of Section 522 of the Tarjff Act of 1930, the Federal Reserve Bank is now cer¬
buying rate for cable transfers in the different countries of the

Pursuant to the

REDEMPTION

and Issue—

Company

NOTICES

Company and Issue—
Adams Express Co.,
St. Josepn

loans

de-

in

ing tenders, and the page number gives the location
which the details were given in the "Chronicle."
-

Page
H3277

Date

•/

•

<

4% bonds due 1947—.

4

*

*

.

,

Any time

1

years

those under 26.

TENDER.

4!/4% debentures due Aug. 1, 1946_Any time

& Grand Island Ry.—

1st mortgage

OF

through 44

■

§2024

the
.

of age, present policy has been to take
Under the

new

law draft boards retain

right of deferments for occupational

reasons.

They

must register youths of 18, but the law prohibits their;
induction,

t

•{Volume 164

Number 4505

THE COMMERCIAL & FINANCIAL

The

CHRONICLE

Capital Flotations in the United States During the Month of May
And for the Five Months of the Calendar Year 1946
.

t

.

Type of

V Dated
Mar

7

Mar 14

Mar 21
Mar 28
Mar

1

Mar

Total Amount

1

Ctfs. of indebt
U.

S.

Depositary bonds—

Mar

Tax Antic'n notes.

Total for March———.,
4

Apr

25

Mar 20

Apr

Ctfs.

indebt

Tax Antic'n notes-

8,356,656,000
1.302,898,000

8,810,000

1,316,110,000

946-000

1,310,259,000
1,315,262,000
2,819,514,000

299,037,900
9,047,065,612

Total for

626,371491

3,682,000
178,697,100
£24,349,801

—

667,762,712 {..
6,406,000

Total for April—-....—

2,019 000

9,040 000

■—«—v

2,819,514,000

Savings bds.

4,54'O'tNfO

;

9,181,005,591

Depositary, bonds—

Apr

;

of

U. S.

1

;Apr

•

1,303,477,000
1,301,797,000
1,315,311,000
1,304,361,000
3,131,710,000

day Treas. bills? 1.311,768.000
91 day Treas. bills
1,317,056,000
91 day Treas. bills
1,310,259,000
91 day Treas. bills
1,315,262,000

18

Apr

Indebtedness
X$X:?:rX V',,/g- ■

92

11

Apr

Refunding

3,131.710,000
626,371,491
3,682,000
178,697,100

Savings bds.

Mar

Apr

NFw

Security >
i Accepted
■:.V:.,,,.;:;v-v /■ $
91 day Treas. bills
1,308,017,000
91 day Treas. bills
,1,303,816,000
91 day Treas. bills
1,315,311,000
91 day Treas. bills
1,313,401,000

:^-'XX

.

__

-„-auu.

667,762 712
6,406;00O

u

;

-w

299,033iWq

,

983,032312

months— 40,388,236,837 36,486,936,000

four

8|064,043,000

3,901,300^«JT

May 2; 91 day Treas; '-bills309,246,bOa^ 1,309,246,OOtf
May

9
91 day. Treas. bills
May 16. .91 day Treas. bills
91 day Treas. bills
May 31
90 day Treas. bills
May 1
U. S. Savings bds.

1,308,242,000
1,301,341,000
1,313,785,000
1,310,201,000
594,343,336
6,547,000

May 23

May;

Depositary bonds—

May

Tax Antic'n notes.

Total

for

1,308,242,000
1,301,341,000
1,301,268,000
1,310,201,000

'
12,517,890
ia»'

594,34^-336
vVI———-6 547-000

*

198,394,200

May

198,394,200

7,342,099,536

t-%'.

'

"

'

'

'']

-

6,530,298,000

811,801,636

f-'i-

-L-

-

Jr

Total for five months—.

47,730,336,373 43,017,234,000

♦INTRA-GOVERNMENT

,

1946—

$

_

Second quarter.

'■ I

FINANCING

Issued

4,713,lOS&T*

Retired

Net IfeStttd

"

V

.

January—

.

Certificates
Notes

Six months.

-

13,550,000
747,327,000

.

—

72,500,000

mm

i

*

x58,950^80

| 34,025,000

'

—

ill. 1.1.|„,

..

713,302,000
■

f,fc«

.

Total for

July.
August
September.

V
>

749,921,243
338,267,743
705,440,793

January

760,877,000

423,678,261 1,793,629,779 2,217,308,040

193,109,384

Nine months

826,381,452 3,531,771,293 4,358,152,745

488,867,748 1,430,562,237 1,919,429,985

708,303,942

901,413,326

for

February

Certificates

186,300,000
185,550,000
mmmmmmik

December

——

—

Total for

March-———-

Fourth quarter.

s

"April— '

;

■-»

Notes

.

/

241,925*000

mi"

■
.

V

j •'

'

atBaftlVm

241,925*000

...

......

1O6,3OO;B0O
132,345,000

i,,»

133.205,000

""

238,645;0©O

Treasury Financing in May

Date

Amount

Offered

April 13, the Treasury on May 1,
redeemed in cash $1,579,292,000 of
Treasury Certificates

Dated

on

Due

April—

Mar

.»

91

91 days

Mar 28

91 days

Mar

Mar

8

7

91 days

1

Mar 1-31 Mar

lyear

1 10-12 yrs.
12 years

Mar 1-31 Mar

2 years

3,682,000

Mar 29

Apr

4

92 days

Apr 11

81 days

amount of

of

Indebtedness

of

Series

E-1946,

$4,799,491,000, which will mature

in

12

Apr

38

91 days

19

Apr 25

91 days

1,902,106,000
4,741,969,000
667,762,712
6,406,000

Apr

1

lyear

Apr 1-30 Apr
Apr 1-30 Apr
Apr 1-30 Apr

the

1

10-12 yrs.

holders
full.

up to

$25,000 will be allotted in

Cash subscriptions will not be received.

The

re¬

sults will be given; here next month.

Total

for

Total

■Treasury bills, Savings Bonds, Tax' Anticipation Notes

•Average rate

t

rate

and Depositary Bonds and in this manner sold $7,342,099,536 of its securities of which $6,530,298,000 was used
'"j

^

1

f-

->-/

...

,

t

*r

4

.

i

^

5

|

1

'

ity,

^

V

UNITED

Dated

'
91days

10

-

91 days

4

Jan

Jan

11

Jan

18 V Jan

24

Jan 25

Jan

31

Dec

Jan

1

Jan 1-31 Jan

1

2,904.956,000

•

2,259,444,000
91 days ' 2,005,255,000
91days
2,016,155,000
91 days / 2,025,044,000
1 year - 3,323,194,000

7

Jan

17

••

■

3

;

10-12 yrs. V

Jan 1-31 Jan

12 years

Jan 1-31 Jan

2 years

S' ^ \ Vj ^

~,

i.«•

';V;

J

t-

v*

; 959,559,756
10,441,500
301,781,200

'

t

•

$■

;

j

1,302,898.000

;!5:.

•

99.906

-%

:

,

594,343,336

five

'

\

a

series

Security

•

,

Jan
Jan

:

3

91 day Treas. bills

10

91

17

91

day Treas.

91

day Treas.

Jan

31

91

day Treas.

bills

y8

Jan

1

Jan

1

Jan;
.Jan 5

day Treas. bills

Ctfs.

U.

S.

of

bills

indebt

Savings

Depositary

bds.

bonds-

Tax Antic'n notes
for

•

*91 days

1,928,073,000 .1,314,673,000

99.905 + *0.373

91 days

1,987,760,000 /1,309,003,000
2,037,113,000
1,301,118,000

99.905 + *0.375

Feb

14

91

91 days

day Treas. bills

99.905+ *0.375

Feb

21

91

Feb 21

Feb

28

92 days

'2,005,866,000

day Treas. bills

92

21

Feb

1

lyear

1

10-12 yrs.
12 years

4,952,949,000
622,403,078

day Treas.

Feb 1-28 Feb

Feb 1-28 Feb

V;

2 years

Total ior February v

4,027,000

4,027,000 100

180,952,100 /
—




180,952,100 100

11,001,591,rts

%

'

:•

/

V

.

.

2

b

Feb

Feb

!

7

28

91 day Treas. bills '

1

W'

$15,000,000 Nashville Chattanooga

0.375

bonds

Price,

;

2

5

any

fldlSN'
kind

""""

&

'

' V

to
^

'A

/

Depositary bonds
Tax Antic'n notes

'

Co;.

S.

of

indebt

,

for

February

I

c

{],

\ V */

New

9.872,481.000

4,027,000

—*

453,000

'

622,403.078

'

11,001,591,178 10,193,756,000

-

3V*Vo

Stone

to

Webster

Securities

Weeks;
&

Orleans

series B

RR.

due

1st

April

and
1,

^

and Stein Bros, to

refunding mortgage

1970.

Purpose,

refund¬

C.

Allyn & Co., Inc:; Bacon, Whipple & Co.;
Watts & Co.; Ball, Burge & Kraus;
BateihUn,
to Co.; A.; G. Becker to Co.„ Inc.; William BItoilf

to ;Co.jiBlyth, & Co,,' Inc;;; Alex. Brown to Sons; Butoher
4to {Sherrerd;• Coffin & Burr/ Inc.; Cooley to Co.; J.
£)ain to-Co.; Davenport to Co.; Davies to Mejia;
Day to Co.; Dick & Merle-Smith; R. S. Dickson & Cto.,
Inc.;
Dillon

Dominick
&

to

Dominick;

Drexel

&

Co.;

Eastmwn,

Co.;

Elworthy to Co.; Equitable Securities Cotp.;
Fahey, Clark to Co.; The First Boston
Corp.; Glore, Forgan & Co.; Glover to McGregor, Inc.;
Goldman, Sachs & Co.; __Hallgarten
to
Co.;
Harrirtmn
Ripley & Co., Inc.; Ira Haupt & Co.; Hayden, Miller <to
Co.; Heller, Bruce & Co.; Hemphill Noyes to Co.; Heif*y
Herrman & Co.; Hill, Richards & Co.; J. J. B. Hilllard to
Estabrook

/

>

v.

to

Co.;

Son; Hornblower to Weeks; W. E. Hutton & Co.; The
Illinois Co.; Johnson, Lane,' Space to Co., Inc./
Johnston,
to Co.; Kalman to Co., Inc.;
Kidder, Peabody

Lemon

-

(Continued oh

/

In

'

——

&

page

190)

>

1,286,093,^56

i

1,301,118,000
1,316,013,000
4,952,949,000

Hutzler;

Price, 100 and interest. / Offered by Kuhn, Loeb *to
A.

Baker,
,

;

;.r

'

&

Rothschild

•

bonds

ing.

.

F.

New

&

Eichler

earn

L.

Co., Inc.; Robinson-Humphrey Co.,

15,000,000 Texas

,

180,952,100

U.

Total

v

622,403,078

Ctfs.

Feb

,

1,314,673,000 :1,314,673,000
1,309,003,000 1,309,003,000

bills

1

1

Feb

.

Bros.

Hornblower

Boyce,

,

Comprised of three eepa-

Series A

&

Feb.

interest.

Paine, Webber, Jackson to
Co.; Schoellkopf, Hutton «to
Pomeroy, Inc.; Shields & Co.; Riter & Co.; R. S. Dickson

,

Savings bds.

Feb

&

due

B

and

Eastman,
Salomon

Curtis;

1

1

Years)

St. Louis Ry. 1st mortgage *376
1,
1986.
Purpose,
refunding.
Offered by First Boston Corp.;
Dillon & Co.; Kidder, Peabody & Co.; La^arti
Co.; Merrill Lynch, Pierce, Fenner & Beahe;

series

100

Freres

bi

:/ Refunding
Indebtedness
•$:,,.'•!$'■«
$
1,302,898,000 1,302,898,000 :
:
1,316,060,000 1,310,993,000
3
5,067,666
1,312,132,000
1,309,645,000
2 487,000
1,316,791,000
1,310,034,000
:
6.757 000
1,315,717,000
1,315,717,000
3,323,194,000
3,323,194,000
959,559,756 V ; V_„
959,559,756
10,441,500
V 10,441,500
301,781,200 :
—;
301,781,200

1,301,118,000
1,316,466,000
4,952,949,000

Feb

a

of

RAILROAD

have 10-year maturity, are
sold on a
2.90%; series F have a 12-year matur¬
and yield 2.53%; and series Q

January——— 11,158,574.456

7

Feb 1-28 Feb

;

bills

*0.375

+ *0.375

wad

-

Than Five

0.376
a

/•

*

,

14

a

the;j^pital

issue

every

SerVtes

xNet retired.

During May, 1946

Accepted

»

21

622,403,078

a

ill ^

""

Total Amount

Feb

1,316,466,000
99.904
4,952,949,000 100

99.905+

99.906+

USE OF FUNDS

24

••-f;v;-,;.•.v

E

Type of

Jan

2. V

of^

National

Corporation,

Details of New Capital Flotations

x

series <7,.-about 1.07%; t*

Jan

a

'■

\

and yield

Feb

Jan

tions: during May, including
brought out in that month,

discount basis, at 74,

*0.375

b

Fund,

Insurance

;Loant|nsurance Corporation.

0.375

6,547,000 100

discount: basis.

*0.375

»0.375

Insurance

Deposit

details

0.375

47,730,336,373
i.

;//•' J

8

r

to

Life

Federal

0.375

198,394,200 100

months

15

Feb

Government

Fund,

Long-Term Bonds and Notes (Issues Maturing Later

99.905+

6,547,000

on a bank

of which

Dated

*0.375

257,075;80O
1,480,492,1)00

Fund, Fbetal

System,

Insurance

Federal Savings

'

99.905 +

198,394,200

Feb

1

.lp;fc

99.905+

7,342,099,536

*■

•

x

1,309,246,000
1,308,242,000
1,301,341,000
1,313,785,000
1,310,201,000
594,343,336

1,900,939,000
1,927,697,000
1,948,786,000

Feb

Feb

Life

;

'

C-1947.

Total
'v;i

1,850,058,000
1,981,048,000

!

11,158,574,456

v.s,..'

b

Corp.;

•abouf 1.92%Vft year and

1,316,060,000
99.905 +
1,312,132,000
99.905 +
1,316,791,000
99.905 +
1,315,717,000
99.905+
3,323,194,000 100
959,559,756
a
'XJ
10,441,500 100
301,781.200 100

;

Total for January————
fj-

.

16,690,000

405,740,000

and

12-year maturity, are sold at 100, and bear
2%% interest,
b Comprised of
separate issues, designated Treasury notes of
tax series
A-1945, series C-1945, series C-1946 and series

FINANCING. DURING 1946
Amount;
Applied for
Accepted
Price
Yield

Due
■

Jan

299,037,900

a

Amount

'

-,t

Deo 24

for

v.--.

are sold, on

TREASURY

'

©ffered
•

Jan

STATES

'

series,

have

ii We now present our usual tabulation:
/Date

273,765,000

•Comprise sales of special series certificates ana notes; certlfifeWfts
sold to Adjusted Service Certificates Fund and
Unemployed Trust
notes to Federal Old Age and Survivors
Insurance Trust
AcCOUnt*
Civil
Service
Retirement Fund,
Foreign Service
Retirement
Fund,
Canal Zone Retirement Fund, Alaska Railroad
-Retirement

7/a

9,047,065,612

discount basis at 75.

*

-

_

*-

172,075;d00

„

May.

Outside of the above the Treasury Department in May
confined its operations to the usual weekly sales of

to retire maturing obligations.

0.375
a

.

April

Apr 26
May 2
91 days
May 3
May 9
91 days
May 10
May 16
91 days
May 17
May 23
91 days
May 24
May 31
90 days
May 1-31 May 1 10-12 yrs.
May 1-31 May
12 years
May 1-31 May
2 years

cash redemption, sub¬

equal percentage basis, except that sub¬

on an

for

85;000:000

—

16,690,000

*

scriptions wlil be received subject to allotment to all

scriptions in amounts

12 years
2 years

,

1,886,232,000

months—

June 1,

on

Since it is planned to retire about $2,000,000,000

ot the maturing Certificates on

Total for five

1,311,768,000 99.904+ 0.315
1,317,056,000 99.905+ d.3lS
1,310,259,000
99.905 + 0.375
1,315,262,000
99.905+ 0.375
2,819,514,000 100
'
%
667,762,712
a
,» !
a
VJ 6,406,000 100
■: •
2,
299,037,900 100
S
b>:

1,989,724,000

Apr

Mar20

Total

pL946.

1,863,398,000
2.050.149,000

Apr

Certificates of Indebtedness of Series E-4947, open
an exchange basis, par for par, to holders of Treasury

V

!fv;,

Apr

85,000,000
188,765,000

Total for May.

0.375
0.375

% {>

"

's jng, through the Federal Reserve
Bariks, of %% Treas¬

--———4—

—

0.375

2

9,181,005,591

|»; At;the same time, the Secretary announced the offer-

Certificates

3,682,000 100

178,697,100 100 ;/

March

88,496;06O

.+•

%

Savings

for

..

ury

Notes

Yield

1,308,017,000 99.505+
1,303,816,000
99.905+
1,315,311,000 99.905+
1,313,401,000 99.905+
3,131,710,000 100
626,371,491
a
<
;

178,697,100

,

5

Price

$

2,013,988,000
2,084,615,000
2,074,769,000
1,984,509,000
4,104,216,000
626,371,491

days

Mar 1-31 Mar

Total

ji

<•

Mar 14
Mar 21

Feb

the Treasury Vinson on June 1 an¬
nounced that the 3% Treasury Bonds of
1946-48, in the
amount of $1,035,873,400, and the 3Vs% Treasury Bonds
of 1946-49, in the amount of $818,627,000, which have
been called for redemption on June 15, 1946, will be

8

Mar 22

oC

1

Mar

Mar 15

'•-/Redeemed in cash,

Accepted

I,';,';.,,,■

206,680,000 /' 118,185,000
t

•;

Certificates

Amount

Applied for
$

of Indebtedness of Series D-1946.

pn

*85, OOOtOOO
173,495,000

33,185,000
■'i....,

As announced

Secretary

85,000,000
206,680,000

May—

1

i

53,205,000

1

——————

—

Total for

tRevised.

c.

*.,

-

Certificates

Twelve months

j

i

■

..

•'4

*

i.

80,000,000

—»

371,850,000

—

...

mm

> 31,135,000

273,060,000 '

Notes
—

...—

21,135,000
HMnjiir

March—

October
November

|

-'.n i'

'win.

■■■■»>...■

Total

I 10,000,000

10,000,000
263,060,000

i'

Third quarter.

v

| 654,352;00O

February—
Certificates
Notes—

I

106,525,000

4,027,000

180,952,100
.,807,835,178

the

comprehensive

on
the
the May
and the five months' figures with those
for the corresponding periods in the four
years • preceding, thus affording a / five
year comparison.

following

pages

we

tables

compare

v

'

•

o

b

s

6

5

w

X

G

n

>

U

>

O

>

K

1

0

W

c

o-

§

OO

m

hH.

SJ

S

h

b-i

V.

-

000

1Total 9,3150 9716,

41,5 0 30,7980

109,648 18,96

6,806,50 38,0 0 7,854, 21 52,461,021

5,806,sod
-^1948— Refundi g

-1942.

New — 67,3;0

Capitl 94,1250

-JL943

Refundi g 42,350 273~9,680

1125917,5.330,259,972

New

1948-

9,716, 0

4,750

5,806,50

0947291

Refundig; 38lob67 o 1,250, 0 3716,60

42,350

2,39 ,680

a
■

#•"'

Capit l

520, 0

14,0 0

$

:

103,846

37160,60 "5*6 ,60 73,64.291

"7520,6 0; 17,24 91
i

38,6 70 5764080 37IO 7 6

2,39 ,680

3,10,61

25,0 0

iols oi d

" 56 36 5,9 4,291 14,0 0 38,0 0

50 ,0

12,0 0

I578?,6 25,96 0 50, 0

4^96, HI7

87,30

4,73680

r

t

50 ,0 0

-

3,60 ,61 14,0 0 ~ 5~2 o7 6 13,60 1

28,60 1

New

53,.780 46,0 OQ 53,0 12,0 3^50, 0 \;jgifk..,, 10,65lo0 179,8530 10 ,0

25,70162 19,50 17,95T0 159,8476

Total

Refundig $: 164,3791 10, 0 14,860 3'51,67

189,5 24 9,150 17,30 138,9420

Refundi g \- 50, 0 4,50 50, 0 6,2109 3185*0,

9,408760

Capitl 15,47381 2,0 0 1,0875 7,54987

605,0 20,87 56

3,780 1,50 0 3,50,0 5,47891

S.o ol o

-v$

i.
-

,

1944

$
'

.

10, 0

164,37961 10, 0

l,285l0O

926, 75

17,64^53

3,0670

.

1,904,175 3,854162 63,780 49,62045 53,0 0 42, 953 3,850, 0

12,0 0 3,6207452 28,39753

1,25640

,-7:

109,648

531,50

5,275,0

94,1250

7,906 2
- 179,8530 12,0 0 25,94750

Total

—194

„

1270 ,0

Total

28,60 1 3,49,0 1,65940 43,72901

.S

-i.

I-

' 14,0 0 38,0 0 IsSoi o 1^756 0 57i6o76 o

4,73680 4,036^0 24,81 23

3,60 1

Capit l i

7■ 25,0 0

!?•

5,806,50

103,846 .2,7150 9437 CNaepitwl
73,64291 *47,85.0 '36,47 32

21,50^ 25,96 0 50, 0 %5» 31,509 12,0 0

9,716, 0

4,96 , 0 T,

47 "50,

*

1,250 21,0 0 50, 0
5i§94,29l

5

1270 ,0 9,3150

531,50

Refundi g ± 5725,0

9,716, 0
Total

531,50

16,~40O756 21,0 ,0 50, 0

8

Total

"67 ,50

12,569175 25,70 162

'•-. 10,3527 189,51294
;f

15,21675 60, 0 47,50 0 50, 0 17,906 19 3,850, 0

i

jMFYTHOEIVA&NFfIkcEMSFLARUCNOGRPLDM 35632,61714,59880.2 412,638590783915,42,0672SiUtanpE'£eldCmsoctO.jGFbtfcegvhroafadvrny_g:s;nmfu-liccYpylltesEVMFOAT$kUtGSRAiTINESCIOHRfPeSEoA 1357,241,809308476 159,28734
5263,41709887906,1539
>:

$
■

'•

.

Capitl

:

90 ,0 0

375,18 20 13l786,25 18,52 04

19,80 36,73 14 5,0 ,0

Capitl 103,2876 4072 ,931 ?^4;89,564

90 ,0

635,270 164798,0 5,463719

7,50 0 7,-942750

$

CORP ATE,

OSUMFARY

2,0

&/.

23,0972 iToO .O O 26,509720 18,0 0
—I945 Refundi g 57,3810 14 ,70
$

27,653214 5,0 ,0

$

Capit l

-

18,260

•

24,035 0 149,80421

Total $
.

42,071 20 " 237,560

II —-—

69,437 48 8,490T280 74*0,0

New

New

GOVFEORNRMEIGTN,

18,642 87 3,78,0 2,10452 3,50 0 24,53 16

43,50837 B76 o,6 54,71 392 35,0 0 i/feo'. o 7,50760

75,6410 14,70 92,74 120 276 76O 35,0 0 25,10 0

$

Total

19,80 9,120,50

3*62,40
—1945 Refundi g 271,90 4 2 9l7563,294
$

Total

2,0 ,0 "*62 7452

2,3,90 36,1586

New

New

Tdtal

-

;

.

610, 0
7,0 0 325,180 40, 0 38,250 85,0 0 40, 0 36,7250

4,29,05

""loo

4,760, 0 3,~526]950

1,459,817

—I

75,6410 18,23087 5,0 .0 147,6512 35,0 2,0 ,0 39,760 32,850

950, 0

1 ,70961

57,3810 186,7 02

i^f332",?,0469cw1n09-l
h1* 56,207821,1420975,5499
527, 50; 287.50 2,40 ,430 1,02 801

4M946

237,50

39,48 36 32,46910 2,0 ,0 26,50972 2, 905

18,260 1,459,817 4,762,50 107,9567 3.0 .90 13,7f5~o280 l672",950

7,0 0 436,89 1 40,95 0 673"o76 98,6036 85,27 50 897,50 42,04 30 1,02 801 837219,064

:"'4„i. _4—
8706,715,03199 1,047385,20691 NOEGARWFUNPID ^75043,072:
S-— batfnuoednayisndds NoBteosn-di.'a4
MAY iv§':»!ty-.><notaes—itd \'-v. nptesi-,%nd stock-.^— j*c:7^■»baonds ■ stock— . Governm—t-;—-, governmt_Gacis,&.—t ,Posein— utiles^— hoc.p ?,; manufctres —.o-4'i maanufctringd. .4^- — ehtortladcin.g, NBoomJi'taesd-. utiles-—. etc.—~^coper,1manufcts eori-™— manufctrig etc.,-—4 —-. teradingc"ho.l, XUSC0^4:Mr - utiles— cotper, etc.—:-^4 4•,-—hoterldaticng., utiles-.—_^4 c£oper, mnuft4- acesori—. mnuftg- etc.—-4, hteoraltdcin.g, —4 "19.7sec,0u2—r8itstock— stock—i *.•i^aplT
•»
•■—"-.4'"
"v
-

•■

-1946 Refundi g 536,0 472 "lLit76^2 15, 7 519

7,50,0 ~T0L50

9,215 60 5278 ,54 39,82 0

7,841,0

*"

$

Capitl

New

-1946 Refundi g g -75,0 324,6850 25,0 0 15,684720 85,0 0

17,80 46,9230

CHAR TE

309,5 49

Capit l

107,2540

17,5 0

.

6,85,0 102,967421

19^71,028

610, 0

4,93,871 950, 0 ir,-m« 527,250 287,50 2,40 30 1,02 801 41,925619

2,0 0 50 ,0 0 15,0 0 2,56 280 40, ^0 i 5oi o Vj9 215^80

New

'

•

2468,4 5

768

:

10,5 748

75,0 0 431,9074 25,0 0 12 ,850 3,2695 85,0 0 610,0

2oTl43, 5

-

.

:

2,0 ,0 4,93871 *15,90 671 *150 65,3 407 527, 50 287,50 42,0 43 1,02 801
4:

'

toci^de

^
^

bt onds — bonds ^% stock— Candianforeign Loanadn ^Municpal—Stes,Staes tGoraal—nd figures Mofmaoynth Long-Term csoteal,l, Equipment and beutilcd.n-gs, trInuvesstmn, Miscela—n.ous —. Short-Tem csoteall,,Equipment and iandunstdrl buildngs, — "tnemstvIrusfai
industral -.•Ruber
.Prefd Com n i

MOONFTH Long-term Short-em Pref d Prefred Com on
Corpate— Domestic—• Candi — Long-term Short-em Com n foreign-?— Long-term Short-em
;




Other

-

.

.

■ -

;»;P • V/:

::

:

J.

-C

,

•These

!v

Other Farm

•.

*

United

"

Total

Public Iron, Mot rs

-Other

Land,

Ship ng

'

Public Iron, Mot rs Other Land, Rub er

.

industri

Stocks-—1 csoteall,, lauidngs,Ruber Ship—»4i_n.;gtrInuvesstmn, Miscelanous
-

Public Iron,

Land,

.

4-^ : -latoT.^ csoteall,,Equipment and Inadunstrdil buildngs, tIrnvuesstmnT,M4iscelanous corpate

Total

Total

Public . Iron, Motors Other Land,

^

.a

480,6120 8.045,908 8,162,05

Total

57,24198

2,53 , 20 921,875

Total

19,30 0 214.09,70 2,0 ,0 3,0 ,0 20,130 14,0 0 3,52,0 95,0 2,53 , 20 16,57185 57,24198
i;':

167,52 64 20176 ",0 89,405 458,072819

1

42L875

Capit l 316,42560 84.63,084 8,162,05

New

409,6 »724 69730, 210,6546 689,5 190

Capit l $Y:

New

19,30 0 53,79 20 2,0 ,0 3,0 ,0 134723,860 86,37450

-

—

247,3680 12,0 0 12,60 40 13,7128 2,50, 0

287,95168 90, 0 20,36~o75 215,6304 795, 492

RefUndi g 156,4 28 8753,0 2,39 ,680

167,4 908 90, 0 192,"05l76 10,4 23 59,6 140

$

-1943

.

Capital

..

$
;

New

--

90,82372 12,0 0 4.065,40 1,37608 2,50, 0

351,675

26;ibd,o

—

—
—-

57193*0

2,102,40

249,6180

Capit l

29,60 1,071 0 3,250, 0 520, 0 46732,7~2 150,od 2,05,0

$.

i

468,75

12,0 ,0 27102746 15,6 7613

i76o,

io, bdo 750, 0 2,60760

bidos,375,270,9 0 57,40 0

Total

637,25 87 21,0350 149,6I57 O 201,34 0 7,290, 0 1,0589,27

23,62493 "4687 95 "56 ",0 26,3 68 39,60 125,8 40 3,250 520, 0 140697863~5", 179 576 2,518,795
5

New

895,61 968 t21,0350 149,620 276,503 20, 0 1,36842,9

Refundi g Y-. 48,0749 10,75 0 152,079218 26,o0id

;•

.

>

•'.<

123,750 736516 ' - 4,95,0 2,05,0

•: 39,6 0 3,250, 0 520, 0

$

182,63 8 10,37450 1,80,0 95,0 2,53,20 16,57185

Refundi g 15,0 0 12,6790 27, 28 4785,6 1,7930

-1948

120,476*80 l573~097od0 14,82307 235,608 52

,

590,45 0 12,750 237,04 30 30,63 8

• Total

Total

15^60765 316,42560

1,80 ^y.~'Y4
v
/

fi

Total

95,0 0

Refundi g fi,od ,6 6 268, 50 50,4 0 28,97 395 18765,6

61,50

*"50 ,6 6 15,403 8

12,750

FPMroNaBUinvuptelsdwcfkYEIVARS 167,52.409
mfoariyve31Rs
-S

^104L

•;

——

-194-

605765
259*360,81 75,268590 12,70 347,93671

Capital 29,3750 2,635,0 7,0 ,0 3,2706 40,50
Y

Y

$

"06,5413

10,75 0 24,65760 is,806 65 45,6 76 3,62 *675

2,0 ,0

29,64 0

2,0 ,0

|p°G®otbin~vddn^CefhPErcrli"cygoouamQmuoaup$fe2hanH-,sf3tolrMT86cd™£U0S*yFebbr,y.TitMSHeAF3nRAOdf1^R3i:7;.-—'Capitl13,046250•,.1267945,31^-VY40.9,56032,78 '4916713528,0.340,2 4041*,63529,-068319572&,80.62714,95518
fgoofafvrlieemn"rmiaunoeg5tmnnhcodprt,gls
" 90 760

Refundi g£■. 1,406 7,92 4 ,0 ,0 17,47350 12,30,872 25,0 0
$

1,6590 ,214 17,3860 304725",0 219,350

'"3

.

~*9ob~o o

Capit l 29,4263 18,45^27 52,13,63
$

New

8,* 42^50

Total

101,50

corpate,

51 ,0 0

4 ,0 ,0

4 ,0 ,0

2,058,714

Refundi g 654,92350 613,705 30,5 0 81,37 2 2~10,0 26,509720 4732,0 18,0 0

4,0 0

4,0 0 53^910 7 1,837,920 "237",50 60,276 10 32,46910 6,50675 287362

2,50 , 0

2,6 5,0

$

$

-1945

401,35 06 1679^,0 175,84326 5,0 ,0 598,39 02

Capital

$

65,08 0 9,25,0 10 ,0 0 10,69348 28,0 0 8,49^280 4,90 ,0 12,0 0

COtITRSlfPHNUAEED 1,40L72651942,,453869700667982
New

2,53942,76 372,140 459, 408 3,7126,74

Total $,539,041 0 45 ,67 0 40, 0
^

-

'X •

GORNUEPFIW

1,7439,86 342,8650 14,038 0 2,03 ,86

Refundi g 52,950 453,62594 25,0 0
$

—1946—

12,507 0 132,6950 364,50 0 4,359,0 41, 450 147260, 50,1250
50 ,0 0
3.64,79258 07,168427 4,359,0 7360, 018,241627

CHAARNCTDER

:

•

720,531 0 62,930 30,6 0 182,47120 8,0 0 2,10,0 35,0 0 9723,0 30,10, 0

Total

8»7*4l6oO ^95,84 98 29,750 345,906 8 1,7025,96

Capit lt'?<":'-V,1247,961094 271,0 259 67,045

New

SOfamu ry

2,0647,280$17,3860 320,"4()7O5 395,763 5,0 ,0 2,798 0,16

50,0 0

2,1 4,0

436,0 0

—247,9610

2,539476

1,743986

287,50
3.81,781 3,50, 0 47627405l",357, 024 24,31 0 3,584, 3 1,021,801 9,15,12 67,82,53

795*84,98

.

Capitl

New

Total-

New

nVAM31Y ! otes— note-s —-j y;. .-.— flotbL. :^.4 Total,cdrf»e-"£i.«—Governmi-—t^ agencis&t., • .; D0proonv1ainsce mayNe-wNo$tes* • U'tlhies•-^j., Lc—a -_ — manufctrig -;- hoeldticng., — Notes—YyYa-4'r «*■»- manufctrig: -,r:■•Y '- holedtncg -A_Yik.T,vr:M etc. :;manufctrig ~*7 hfoeldting., y»•:.-v.^fet manucre-YsL-—^_ i._ manufctrig : hoeldticng,y';.^-

boanndsd Y_boanndsd ktri.:^lcs boanndds stock*- stock-. foregoviegrnmntLGoaanvnd,♦Municpal—Stes,SPtoaseeCs-inX^4?i9t1oal «n0cltum3.d1Xi,uUae$sS ' LBonoga-nTedrmsRailroad—s Equmiapnmufetnts acneodri Indausntridl — hnveilrt-f,gs,YLi-i—Ss— Miscelano—us it-.:. anodi— Miscelanou—sY anodi-^.: Misceilanou,s_z
MEHNbDfStMCorp;bate^ Domestic—., Short-em Com n Short^-em Comstock—n_Oforetighn—er.: Candian
mednndfrs sctoea.cllop,,er, Ship-n_gi.Inttvrreuastdfsning,, SBhoorat-nTedisU y/'R.ai-l~r-Yods.Utiles-: Scctoeopall,,,Eqmuaipnumfcetnrets induastnridl buildetn-vg,YsT.. Y_1Yy/^:- Inttvrreuastmsdinng,, Railroads utiles. scctoeopall,,,Equmiapnumfectnrtes inaduhstrdl bueildtcn.g;s,Ruhe~r: Bhi:pingInttvrreaustdmsinng, Railroads utiles^-—: csctooepale,lr,E,quipment aacersiodri indausntrdil bueildtncgs,Y^ Intvrterusatmsdinng,M,isYceala>-n*oYus csoercpuriatte
Long-term Pref red Cdhaibn^* Long-term .Prefd Long-term Stheorrtm* Pref red Com on

8
:

'

»

'• V.-'




•

._
u

[■

•

i

Grand

j.

*

Other Farm

.

V.;;

United

.

*$.

1

'■■■'.s.
■

.

-.

Total

~

Publiciron, Motors Other Land,Rub er
Oil

.,

PUbilc Iron, Motors Other Land,Rub er

Ship ing

Stocks-

Total

Public Iron, Motors Other Land,

•

Total—

Public Iron; Motors Other Land, Rub er

Total

.190

*3,800,000 Northern Utilities Co. 1st mortgage bonds, series A, 3Va%,

(Continued from page 187)
'

'

v

h-v,

'

•

■

1

noA-.
v,r„.

due

Co.; Kirkpatrick-Pettis Co.; Laird, Bissell 8c Meeds; W. C.
Langley 8c Co.; Lazard Freres & Co.; Lee Higginson Corp.;
Lehman Bros.; Carl M. Loeb, Rhoades 8c Co.; Laurence M. ;
Marks 8c Co.; Mellon Securities Corp.; . Merrill Lynch,
Pierce, Fenner & Beane; Merrill, Turben 8c Co.; Minsch,
Monell & Co.; Morgan Stanley & Co.; F. S. Moseley 8c
Co.; Maynard H. Murch & Co.; Newhard, Cook & Co.;
The
Ohio
Co.; Pacific Northwest Co.;
Paine, Webber,
Jackson & Curtis; Phelphs, Fenn & Co.; R. W. Pressprich
& Co.; Putnam & Co.; The Rqbinson-Humphrey Co.; E.
H. Rollins & Sons, Inc.; Salomon Bros. & Hutzler; Scott
8c Stringfellow; Chas. W. Scranton <fc Co.; Shields 8c Co.;

.
'

Purpose, refunding.',: Pricp,; 101 and;
interest.
Offered by Mellon
Securities Corp.; Geo. G.
Applegate; A. E, Aub «fe Co.; Baker, Weeks 8c Harden;
Ballou, Adams & Co., Inc.; Barrett, Pitch 8c Co., Inc.;
Blyth & Co., Inc.; George D. B. Bonbright 8c Co.; H. F.
Boynton 8c CO., Inq.; J. C. Bradford & Co.;: Brush,
Slocumb 8c Co.; Caldwell Phillips Co.; Chace, Whiteside &
■:,
Warren, Inc.; Chaplin & Co.; E. W. Clark & Co.; C. C.
V
Col'lings and Co., Inc.; Cooley & Co.; Cruttenden & Co.;
"!'■
1 7 -:;R. h. Day 8c Co.; Dick & Merle-Smith; Drexel 8c Co.;
Francis I. du.Pont & Co.; Elkins, Morris & Co.; Fauset,
Steele
&
Co.;
The First Trust Co. of Lincoln, Neb.;
Folger, Nolan Inc.; Foster 8c Marshall; Graham, Par¬
sons
& Co.; Green,
Ellis & Anderson; Grubbs;* Scott &
1
Co.; -Hallowed, Sulzberger 8c Co.; Hannahs, Ballin 8c Lee;*
/
' Hawley, Shepard & Co.; W. E. Hutton 8c Co.;) Johnson,
Lane^. Space and Co., InC.; r Johnston; f Lemon, 8c Co.^
;
; .
.7 Kean, Taylor & Co.; A. M. Kidder & Co.; Kirkpatrick;Pettis Co.; Kuhn, Loeb 8c Co.; Laird, Bissell 8c Meeds;
A.
E.
Masten
&
Co.; McCourtney-Breckenridge & Co.;
McDonald & Co.; Minsch, Monell & Co.; Moore, Leonard
& Lynch; W. H. Newbold's Son.& Co.; Newhard Cook:

-iS'}'!

8c Co.; Whiting, Weeks & Stubbs; The Wisconsin Co., and
AA'ADean-;- Witter-8c Oo.:^;vr,-v:a:
45,000,000 Texas & New Orleans RR. 1st and refunding mortgage
3%% bonds series C due April 1, 1990.
Purpose, refundu ing.
Price, 100 and interest.. Offered by same bankers
as
offered $15,000,000'3%%
series B bonds (see foreKoing). •■■■:•
■-7; \> 7.; .-.i;.■ ■;.•■ <
7'- :>7a7
,2,000,000 Western Maryland Ry. 1%% equipment trust certificates
u
due $200,000 annually June 15, 1947-56.
Purpose, purchase of equipment.
Priced to yield from 1.05% to 1.75 %
'
according to maturity.
Offered by Halsey, Stuart & Co.
«Inc.; Otis 8c Co.;. Julien Collins & Co.; Alex Brown &
\
Sons, First of Michigan Corp.;'Thomas & Co.; Putnam
^
& Co., and F. S. Yantis& Co., Inc.
«
!
>

>■

<

...

$77,000,000

-

>

.

V

•

Z

■

:

-

PUBLIC UTILITIES

r

.

\

'
.

■

t

Bros.

1

13,000,000 Central Maine Power
W/l
series N 2%% due

U

.-!»<>>-C'^fI'•

and

interest.

Co.

..

Corp.;

Lehman

Merrill,

Turben

&

Co.;

'

44,660,000 Consolidated Gas

'tf.o-*
'v

S

Electric .Light & Power Co. of Baltimore'

William

Blair

&

.

f;
M-[<

1

.

*,iU

& Dominick; Drexel 8c Co.; Eastman, Dillon & Co.; Estabrook 8c Co.; Farwell, Chapman & Co.; The First Cleveland Corp.; Robert Garrett & Sons; Glore, Forgan & Co.;
Hallgarten

&

Co.;

Harris,

Hall

&

Co.

(Inc.);

1

Hayden,
8c

!

7

Miller & Co.; Hemphill, Noyes 8c Co.; J. J. B. Hilllard

•';v

Son;

Hornblower

&

Weeks;

W.

Hutton

E.

8c

Co.;

Ira

'Ij!^ Illinois Company; Kebbon, McCormick 8c CO.; Kirkpatrick
f Pettis

Co.; Kuhn, Loeb & Co.; W. C. Langley & Co.;
Lazard Freres Co.; Lehman Brothers; Laurence M. Marks
At Co.; Martin, Burns 8c
Corbetit, Inc.; McDonald & Co.;

a

-

7"

:

Sachs

body

.■

■

A"

■

<itt \
«.*:>

■Ji
:

V

,

■

.

,

'

'■

v'

'

<v..,

v

■

&

8c

& Co.

./-yu. '7;

•Vv7>:'77.;'7:"'VV. ,7

?

-V?-.*-V '

v;

'

'

\

(see

<

the

addition

of

foregoing).

Ballou,

!

;

;

&

Co.,

refunding.

?

Price,

101V2

and

4

William

(Inc.);

Co.;

Heller,

Granbery,

Bruce

8c

E. Masten 8c Co.;

Co.; A.

Kendall,

inc.;

Paul

Assurance

100%

Corp.'jfH.
Inc.;

Waihwright

C.

Wyatt,
,,

„

Neal

8c

&

..,7' -.7

7

and

F.

w

,

*

$325,185,000
IRON,

STEEL,

COAL,

COPPER,

OTHER

INDUSTRIAL

$20,000,000 Caterpillar

Inc.

May 1,

07

....
'

7,

and

;

■-.oy

7,

Insurance

and

,;
■'

,

■

^

ties

The

Insurance

Continental

Central

due

interest.

,

,

>

■

Co.

Power

& Light Co. 1st
Purpose, refunding.

1976.

Offered

by

The

First

v

.

Baker,
/

mortgage 2%%
Price, 103 and

Boston

Co., Inc.; Eastman, Dillon &

>

Harriman

»

mii

v

■.

7
!

■

7 7

.

Stubbs;

Bacon, Whipple & Co.; Alex. Brown & Sons;
Granbery, Marache & Lord; Hayden, Miller & Co.; Hayden, Stone & Co.; The Illinois Company; Kebbon
Mc-

Cormick & Co.; E. M. Newton 8c Co.;

7 7 :

Central Republic

'v-

Co.-

(Inc.),

7

'

;

Riter &
f

.

>

Co..
;

and

;

.ica.

,

Rurpose,

AND MANUFACTURING

Co.
10-year 2%
debentures,
due
Purpose, plant expansion.
Price, 100.757
by Blyth 8c Co., Inc.,/ and Stone

Tractor

1956.,

interest.;

Offered

Corp. and

101.87

■

;7

"

Co.;

Co.;

'

7-

7

,
.

,

50,000 Household Service, Inc. 5% sinking fund 10-year serial
s ;
debentures, series A, due 1956.
Purpose, corporate pur5-^;
poses.
Price, par and interest.
Offered by Mohawk
Valley /Investing Co., Inc.
500,000 Mading Drug Stores Co, 5% sinking fund debentures duo
;
April 15, 1961 (with warrants).
Purpose, acquisition of
stock of constituent company, general corporate purposes.
Price, 100 and interest.
Offered by Alex. Browtt & 80ns,
!

■

A:

a

Vx>'r'-i£r-:y-

v;.;;

A.;-\v.'%■

:V,'

'■-y

V

and

$38,250,000
OIL

int.

Curtis; Tucker,

8c

Weeks;

Anthony

Laurence M.

Paine,

8c Co.; William
Co.; Alex. Brown &

'

"

Co.




;

-

.

,

->7:--f-7.;c-.■:)>

f

-

-

)

v

.

r

-7

r

Co.; Reynolds 8c Co.; Weeden & Co., Inc.; Pacific
Northwest Co.; Almsted Brothers; C: F. Cassell 8c
Co.,
Inc.; Elkins, Morris 8c Co.; Webster 8c Gibson, and G. H.
&

1

•

&

Walker

Jersey) 25-year 2%% debentures,
Purpose, ,refunding.
Price, 98 and
interest.
Offered
by Morgan Stanley 8c Co.;
A. C.
Allyn
and Co.
Inc.;
Auchincloss, Parker & Redpath;
Bacon, Whipple & Co.; Baker, Watts 8c Co.; -Baker,
Weeks & Harden; Ball, Burge & Kraus; Bear, Stearns
& Co.; A. G. Becker 8c Co. Inc.; Biddle, Whelen & Co.;
Blair & Co.; Inc.; William Blair & Co.; Blyth & Co.,
Inc.;
Boettcher
and
Co.;, Bosworth,
Chanute, Loughridge 8c Co.; H. F. BoyntonCo., Inc.; Alex. Brown
due

Marks &
Sons; Sttoud
Co., Inc.; First of Michigan Corp.; The Illinois Co.; R.
L. Day 8c Co.; Hayden, Miller & Co.; W. H. Newbold's

Son

?

*10,000,000 Transcontinental & Western Air, Inc. 2% %
debentures

planes.

due

Dec.

1,

1951.

Purpose,

sinking fund

purchase

of

air¬

Sold privately to Equitable Life Assurance Society

of the United States.

*6,000,000 Transcontinental
V

& Western Air, Inc. 3%
debentures,
1, 1956. Purpose, working capital. Sold privately
Equitable Life Assurance Society of the United States.

due June
to

$36,725,000

STOCKS

.

(Preferred, stocks of a stated par value are taken at par, while pre-r
ferred stocks of no par value and all classes of common stock are
7, computed at their offering prices.)
/<•
*' 7 , - 7
7 7 I

7/||

;

PUBLIC UTILITIES

$22,000,000 Central Maine Power Co. 220,000 shares of preferred stock
,<
\7
3.50% series (par $100). Purpose, refunding. Price, 101.50
v
per share.
Offered in exchange for 7% and $6 pfd. stock.
:.
7
7 7 Unexchanged shares offered by First Boston Corp.; Stone
7. 7;7. ?/.
Webster Securities Corp.; H. M. Byllesby and Co., Inc.;
'
Harris, Hall & Co. (Inc.); H.M. Pay son & Co.; E. H.
Rollins & Sons, Inc.; Schoellkopf, Hutton & Pomeroy,
'
Inc.; The Wisconsin Co.; Blair & Co., Inc.; F. S. Moseley
'
7
& Co.; Maynard H- Murch & Co.; Paine, Webber, Jackson
•V\& Curtis; Phelps, Fenn & Co.; Whiting, Weeks & Stubbs;
;77-.7\';-.yy7 Baker, Weeks & Harden; Cooley- 8c. Company; Maine
77?/''
7 Securties' Co.; Charles H. Gilman & Co.; The Illinois
Co.; R. L. Day 8c Co.; .Putnam 8c Co.; Weeden & Co., Inc.;
■

-

'

$85,000,000 Standard Oil Co.

Webber,

Jackson 8c
Blair & /Co.;

and G. H. Walker & Co.

,.7*

1

* '
V,,o.,- T 7:

.7
,<
.

^

-

May

15,

(New

3971.

& Sons; Butcher & Sherrerd; Central Republic .Co; (Inc.);
E. W. Clark 8c. Co. ;dark, Dodge 8c Co.; Coffin & Burr,
inc.; Julien Collins dc Co.; Courts & Co.; Curtiss, House

.

175,000 Milwaukee Country Club 1st mortgage sinking fund 4%'bonds, series A, due May 1, 1961.
Purpose, refunding.
■777" /."V '/.Price, 101 and interest.. Offered by The Milwaukee Co. f

.

Central

Hornblower

Raiischer Pierce 8c Co., Inc.,

'\ '7.7;

(closed)

,

8c

'

f•

mortgage 4%% 1 sinking fund
bonds, due June 1, 1958.
Purpose, refunding ($175,000),
working capital ($75,000).
Price, 106 and interest.
Of¬
fered by Illinois Securities Co.
*3,000,000 Outboard Marine & Mfg. Co., 3V4% notes, due March,
:
1946.
Purpose, refunding
($2,000,000); working capital .
($1,000,000).
Sold privately to Mutual Life Insurance Co. ;
0,500,000 Walworth Co. convertible 3%%
debentures, due May 1, ;
1976.
Purpose,
refunding
($5,209,720),
improvements,
working capital, etc. ($1,290,280).
Price, 103 and interest.
7, Offered
by Paine, Webber,
Jackson & Curtis; E. H.
Rollins 8c Sons Inc.; A. C. Allyn and Co. Inc.; Eastman,
Dillon & Co.; Estabrook & Co.; Paul H. Davis & Co.;
Lee
Higginson Corp.; Reynolds & Co.; Loewi 8c Co.;
Pacific Northwest Co.; Stroud 8c Co., Inc.; Whiting, Weeks
v.7':i
& Stubbs; Brush, Slocumb 8c Co.; Stein Bros. & Boyce;
Biddle, Whelen 8c Co.; Ball,
Burge 8c Kraus: Moore,
Leonard & Lynch, and Quail & Co.

Offered by Hall & Co.
(Inc.); Drexel
Republic Co. Inc.; Equitable Securities
Corp.; Merrill Lynch, Pierce, Fenner & Beane; R. W.
Pressprich & Co.; Estabrook 8c Co.; Hemphill, Noyes 8c

8c

-K

i

'■ A'•

•

*<<'. ?

MISCELLANEOUS

,

*':

The First Boston Corp.

250,000 Moore Corp. first

35,000,000 Mountain States Telephone & Telegraph Co. 40-year 2%%
debentures, due May 15, 1986.
Purpose, refunding. Price,

UJ•;

Company;

Lee Higginson Corp.;

,

,

Iowa;

&

,

*1,000,000 Ferro Enamel Corp. 2%% notes, due May 1, 1956.
Pur¬
pose,
refunding ($800,000); working capital
($200,000).
1
Placed privately, with Prudential Insurance Co. of Amer-

Life

Corp.; Blyth &
Co.; Goldman, Sachs 8c Co.:
Ripley & Co., Inc.; Kidder, Peabody 8c Co.
W.. C. Langley^ & -Co.;r Melloh' Securities Corp.; E. H..
Rollins & Sons, Inc.; Smith, Barney &
Co.;
Stone &
Webster Securities Corp.; Union Securities
Corp.; A. C
Allyn and Co., Inc.; Blair 8c Co., Inc.; H. M. Byllesby
8c Co., Inc.; Harris, Hall & Co.
(Inc.); Hemphill, Noyes &
Co.; Lee Higginson Corp.; F. 3. Moseley & Co.; Shields
As Company; • The Wisconsin Co.; Whiting,' Weeks &

'

;

of

Equitable

American NationaJ Insurance Co.;,: through.

.Weeks 8c Harden.

34,500,000 Jersey
bonds,
;

Co.

Co.;

due May 1,

>

.

.

Insurance

debentures

$20,000,000 Benefical Industrial Loan Corp, 15-year 2%% debentures,
due May 1, 1961.
Purpose, refunding ($17,400,000), re¬
duction of bank loans and commercial paper ($2,600,000).
yw
Price, $100 and interest.
Offered by Eastman, Dillon 8s
Co.; Smith, Barney & Co.; The First Boston Corp.; Goldman, Sachs 8c\ Co.; Harriman Ripley & Co., Inc.; Kidder,
>7
, Peabody & Co.; Union Securities Corporation; Ladenburg,
Thajmann & Co.; Merrill Lynch, Pierce, Fenner & Beane;
E. H. Rollins 8c Sons, Inc.; Hayden, Stone 8c Co.; Hemp¬
hill, Noyes & Co.; Hornblower 8c Weeks; A. G. Becker 8c
Co., Inc.; Paine, Webber, Jackson & Curtis; Riter 8c Co.;.
Dean
Witter
8c Co.;
Blair & Co., Inc.;
Alex. Brown
8c Sons; Central Republic Co. (Inc.); First California Co.;
>
Kebbon, McCormick & Co.; McDonald & Co.; The Mil¬
waukee Co.; William R. Staats Co.; Stroud & Company,
Inc.; Piper, Jaifray & Hopwood; Putnam 8c Co.; Rogers
8c Tracy, Inc.; Scherck, Richter Co.; Stein Bros. & Boyce;
Whiting, Weeks & Stubbs; Doolittle, Shoellkopf & Co.;
Johnston, Lemon 8c Co.; A. E. Masten 8c Co.; Quail 8s
Co., and Yarnall 8c Co.
^
f

,

«

Life

"

&

-

Mutual

2%%

Thalmann & Co.; Laird, Bissell and Meeds;
W. C. Langley & Co.; Lazard Freres
Lehman Brothers; Carl M.
Loeb, Rhoades & Co.; Laurence M. Marks 8c Co.; Mason'Hagan, Inc.; McDonald & Co.; Mellon Securities Corp.;
.5 • Merrill Lynch, Pierce, Fenner 8c Beane; Merrill, Turben
'•'V & Co.; The Milwaukee Co.; Moore, Leonard & Lynch;
Morgan Stanley & Co.; F. S. Moseley 8c Co.; Maynard H.
Murch & Co.; Paine, Webber, Jackson 8c Curtis; R. W.
Pressprich & Co.; Reynolds 8c Co.; Riter & Co.; The
Robinson Humphrey Co.;
E.H. Rollins 8c Sons, Inc.; Salo¬
mon Bros. 8c Hutzler; Schwabacher & Co.; Shields 8c Co.;
^
Singer, Deane & Scribner; Smith; Barney As Co.; Stein
Bros. 8c Boyce; Stone 8c Webster Securities Corp.; Stroud
& Co., Inc.; Spencer Trask & Co.; Tucker, Anthony 8c
Co.; Union Securities Corp.; G. H. Walker 8c Co.; White,
Weld & Co.; Whiting, Weeks & Stubbs; The Wisconsin
Co.; Dean Witter Co., and Harold E. Wood & Co.
Laird

8c Co.;

77
&7Webster Securities Corp.,
'
-,
•'/
*7,500,000 Bowaters Newfoundland Pulp & Paper Mills, Ltd.
1st
; v
mortgage 3l/a% bond series of 1946, due Jan. 1, 1968.
Purpose/ refunding.
Price,
par
and interest.
Placed
privately with four institutions through Dominion Securi¬

Placed

,

Massachusetts

Rubber Co.

Ladenburg,

S.
• •

States

Blyth 8c Co., Inc.; Alex. Brown & Sons; Cen¬
Republic Co.
(Inc.); Clark, Dodge 8c Co.; E. W.
& Co.; Julien Collins & Co.; Dillon, Read 8c Co.,
Inc.; Dominick & Dominick; Francis I. duPont 8c Co.;
Eastman, Dillon & Co.; Equitable Securities Corp.; Esta¬
brook 8c Co.; The First Boston Corp.; First of Michigan
Corp.;
Glore, Forgan & Co.; Goldman, Sachs & Co.;
Graham, Parsons 8c Co.; Hallgarten & Co.; Harriman
Ripley &;Co., Inc.; Harris, Hall & Co. (Inc.); Hawley,
: Shepard & Co.; Hayden, Miller & Co.; Hayden, Stone 8&
CO.; Hemphill, Noyes & Co.; Hornblower & Weeks; W. E.
Hutton & Co.; The Illinois Co.; Johnston, Lemon & Co.;
Kebbon.
McCormick & Co.;
Kidder,
Peabody & Co.;

retire
preferred
stock
($25,000,000),
pay
bank
loann
7 ($15,000,000). - Placed privately with Equitable Life As¬
surance Society of the United States.

,

-

Life

tral

'
ETC.

♦$40,000,000 America! Rolling Mill Co; 2%% ^O^year loan.

.

f"'

Pur¬

Equitable

Clark

Witter & Co.; Edward L. Burton & Co.; Hayden,
& Co.; J. A. Hogle & Co.; G. H. Walker & Co.;
Auchincloss, Parker &' Redpath; The Illinois Co.; Bosworth,
Chanute, Loughridge & Co.;
Kirkpatrick-Pettis
Co.i Perrin^'West^iiSt Winslowi Inc./'and Ure, Pett :8c

;

with

Society of the United States.

Blair 8c Co.;

Writer

Co.;/ Wheelock

Waggoner,

>

Allyn & Co., inc.; Bacon, Whipple 8c Co.; Baker, Watts
8s Co.; A. G. Becker & Co., Inc.; Blair & Co., Inc.; William

.

Marache & Lord;

Peters,

privately

Purpose, working capital, expansion, etc.
Price,
and interest.
Offered by Kuhn, Loeb & Co.; A. C.

1976.

Hirsch 8c Co.;
Ingalls 8c Snyder;

Inc.;

Placed
RUBBER

$40,000,000 United

Metropolitan St. Louis

Co.,

8c

Co.;

LAND, BUILDINGS, ETC.

refunding.-

pose,

Co.;

The Illinois Co,;

&

*$610,000 Diversity Building Corp. 1st mortgage 20-year loan.

-

,

Pomeroy,

,

mortgage bonds!;
interest.

and

Co.;

>&

Scranton

,

iy

Dean

Purpose,
privately
?
insurance companies and other financial institutions.
7 *30,000,000 International Telephone & Telegraph Corp, 15-year 3%
^
i>
sinking fund debentures due May 15, 1961.
Purpose, re•4
funding. Sold privately to Metropolitan Life Insurance
(*
Co.; The Equitable Life Assurance Society of the United
0'
'
States;
The
Connecticut
Mutual
Life
Insurance
Co.;
'<•

f

Salomon Bros. 8c Hutzler; Schoell¬
inc.; Schwabacher & Co.;
Shields & Co.; Singer, Deane
&
Scribner; Smith, Barney & Co.; William R. Staats
Co.; Starkweather & Co.; Stern Brothers 8c Co.; Stix
:& Co.; Stone & Webster Securities Corp.; Stroud & Co.
Inc.; Sweeney, Cartwright & Co., Inc.; Swiss American
Corp.; Spencer Trask & Co.; Tucker, Anthony & Co.;
Union Securities Corp.; G.
H. Walker & Co.; Watling,
Lerchen & Co.; Weeden & Co., Inc.; White, Weld 8c Co.;
Whiting, Weeks & Stubbs;
The Wisconsin Co.; Dean
Witter 8c Co.; Harold E. Woods & Co., and Yarnall & Co.
W.

Chas.

Miller

,

*14,725,000 Indianapolis; Water Co. 2%%

Inc.;

H.

Co.;

kopf, s Hutton

Co., Inc.; Eastman, Dillon & Co.; Glore, Forgan & Co.;
Goldman, Sachs 8c Co.; Harriman Ripley 8c Co., Inc.;
Kidder, Peabody 8c Co.; Mellon Securities Corp.; Smith,
Barney 8c Co.; Stone & Webster Securities Corp.; Union
Securities Corp.; White, Weld & Co.; Blair & Co., Inc.;
Coffin & Burr,
Inc.; Harris, Hall & Co.
(Inc.); F. S.
Moseley & Co.; Paine, Webber, Jackson & Curtis; Shields
8c
Co.;
Tucker, Anthony 8c Co.; The Wisconsin Co.;
A.
B.
Becker
Co.,
Inc.;
Central Republic
Co.
(Inc.);
Laurence M. Marks 8c Co.; Whiting, Weeks 8c Stubbs;

1

-

Adams

and

Co.;

&

L. F. Rothschild & Co.;

*

t

sinking fund debentures, 2%% due
Purpose, refunding.
Price,
101.54 and interest.
Offered by same bankers as offered the $45,000,000 27/a%
with

&

Yantis 8c Co., Inc.

1966.

bonds

E.

Co.;

32,000,000 Utah^ Power St Light Co. first mortgage bonds, 2%%
: ;
V
series, due 1976.
Purpose, refunding.
Price, 101.50 and
1 f h
Interest; ? Offered by The First Boston Corp*,; Blyth &

V000,000 Illinois Power Co.
,

Allyn

'

Gilman

Cummins,

Co.; Harriman Ripley & Co., Inc.; Kidder, PeaCo.; Lehman Brothers; Mellon Securities Corp.;

Union Securities Corp.;
White, Weld & Co.; Harris, Hall & Co. (Inc.); Merrill
Lynch, Pierce, Fenner 8c Beane; F. S. Moseley & Co.;
Paine, Webber, Jackson 8c Curtis; E. H. Rollins 8c Sons
Inc.; Spencer Trask & Co.; Central Republic Co., Inc.;
Coffin
8c
Burr, Inc.; Hallgarten 8c Co.; Hornblower &
Weeks; '.W. E. Hutton 8c Co.; R. W. Pressprich 8c Co.;
Tucker, Anthony & Co.; The Wisconsin Co.; Dominick &'
Dominick; Hemphill, Noyes 8c Co.; Laurence M. Marks
& Co.; G. H. Walker &
Co.; Whiting, Weeks & Stubbs;
First of Michigan Corp.; The Illinois Company; Putnam 8c
Co.; Auchincloss, Parker & Redpath; Farwell, Chapman
& Co.; Hayden, Miller 8c
Co.; Kebbon, McCormick & Co.;
Laird, Bissell & Mqeds; The Ohio Company; Chas. W.
Scranton & CtQ-i. Starkweatheyi^COVj. Stein Bros. & Boyce;
George p. B., BqHtjright'& Co,'; Boswirth, Chanute, Loughridge^ $t Co.; Butcher & Sherrerd; R. L.' Day & Co.;
Clement A.' Evans '8c Co., Inc.; Fahey, Clark 8c Co.;
Hawley, Shepard and Co.; J. J. B. Hilliard & Son; KirkPatrick-Pettis Company; Lamar & Kingston; Merrill, Turben & Co.; Maynard H. Murch 8c
Co.; W. H. Newbold's
Son 8c Co.;. Perrin, West &
Winslow, Inc.;'Quail & Co.;
Reynolds & Co.; William R. Staats Co., and Wurts, Dulles

&

Bender

;

Stone 8c Webster Securities
Corp.;

'

■

7

1st

mortgage bonds 2% % series due
Purpose,:refunding^ Price, $102.54 and interest.:
Offered by. The First Boston Corp.; Blyth 8c Co., Inc.;
Eastman, Dillon & Co.; Glore, Forgan 8c Co.; Goldman,

.

•>tHf

Co.

8c

Christensen, Inc.; Putnam 8c Co.; F. L. Putnam
Inc.; Reinholdt & Gardner; Riter 8c Co.; The Rob¬
inson Humphrey Co.;
Schoellkopf, Hutton 8c Pomeroy,
Inc.; Sterne, Agee 8c Leach; Stix & Co.; Walter Stokes
;8c Co.; Thomas 8c Co.; E. W. Thomas and. Co.; Wachob-

1976;:

■''•"'s

■>>

Power

nolds

Co.,

,

.

&

prich 8c Co.;

&

Corp.; G. H. .Walker & Co.;, The Wisconsin Co., and Dean Witter. & Co. - ;
"
7v

.

H.

Haupt

land

Securities

$45,000,000 Illinois

C.

A.

8c Co.

Marx 8c

r

My*

Piper, Jaffray 8c Hopwood; R. W. Press¬
Putnam & Co.; Reinholdt & Gardner; Rey¬
Riter 8c Co.; The Robinson-Humphrey Co.;
Rollins & Sons Inc.; Rotan, Mosle and Moreland;

Fenn

Co.; The Milwaukee Co.; Minsch, Monell 8c Co.; Mullaney,
& Co.; Nashville Securities
Co.; E. M. Newton 8c
Co.; Alfred O'Gara 8c Co.; Otis 8c Co.; Patterson, Cope-

Stein, Bros. 8c Boyce; Stix 8c Co.; Swiss American Corp.;
Union

Turben

Ross

Merrill, Turben 8c Co.; The Milwaukee Co.; Moore, Leonard
& Lynch;
Phelps, Fenn & Coi; Reynolds 8c Co.; Riter
& Co.; Singer, Deane 8c
Scribner; Smith, Barney 8c Co.;

A,*,

Inc.;

Hornblower 8c Weeks;

■

'

"rj

Masten

Corp.;

-

8c Co.; Stein
Sweeney; Cart-

Thomas

Co.,

Co.

8c

Charles

The
,

'?

Corp.;

Service Co. first mortgage
Purpose, refunding.
Price,
102% and interest.
Offered by Halsey, Stuart 8c Co.
Inc.; Arnhold and S. Bleichroeder, Inc.; Baker, Weeks
& Harden; Ballou, Adams & Co., Inc.;
Bear, Stearns &
Co.; A. G. Becker 8c Co. Inc.; Blair 8c Co., Inc.; William
Blair & Co.; Boettcher and Co.; Burr & Co., Inc.; H. M.
Byllesby and Co., Inc.; Clayton Securities Corp.; Coffin
& Burr, Inc.; Courts 8c Co.; R. L. Day 8c Co.; Dempsey
& Co.; R. S. Dickson & Co.;
Clemont A. Evans & Co.,
Inc.; The First Cleveland Corp.; First of Michigan Corp.;

Clark, Dodge '8c Co.; Julien Collins

Co.;

"?

Suburban Water Co./ 15-yeaf l serial, notes
(0.50 %-2.50%), due $50,000 semi-annually beginning Dqc.
1,
1946.
Purpose,
refunding.;
Sold privately through

& Co.; Courts Co.; R. S. Dickson & Co., Inc.; Dominick

,

'

i'

■

23,500,000 Seranton-Spring Brook Water
bonds, 27/8% series, due 1976.

by Harriman Ripley & Co., Inc.; Alex. Brown &
Sons? A. C. Allyn and Co., Inc.; Bacon, Whipple & Co.;
Barret, .Fitch; & Co., Inc.; A, G.,Becker & Co„ inc.;-

.

8c Co.; McDonald 8c Co.; Mellon Securities
Merrill Lynch, Pierce, Fenner & Beane? Merrill,,
& Co.; Metropolitan St. Louis' Co.; The Mil¬
waukee
Co.; Moore,
Leonard 8c Lynch; F. S. Moseley
& Co.;
Maynard H. Murch & Co.; Nashville Securities
Co.; Newhard, Cook & Co.; The Ohio Co.; Pacific Northwest
Co.;
Paine,
Webber,
Jackson 8c Curtis; Phelps, /

i/ A. E.

77;v

7

&; Co.,
Horn-

Johnson, Lane, Space and Co., Inc.; Johnston, Lemon
& Co.; Kalman & Co., Inc.; Kean, Taylor & Co.? Kebbon
McCormick & Co.; Kidder, Peabody 8c Co.; KirkpatrieKPettis Co.; Kuhn, Loeb &-Co.; Ladenburg, Thalmann &
Co.; Laird, Bissell 8c Meeds; W. C. Langley & Co., Lee
Higginson Corp.; Lehman Brothers; Carl M. Loeb, Rhoades
<& Co.; Laurence M. Marks & Co.; Mason-Hagan, inc.,
:

§!

Hayden, Stone & Co.; Hemphill, Noyes
Herrnian & Co.; J. J. B. Hilliard & Son
8c Weeks; W. E. Hutton & Co.; The

pnoiTsJ^*

blower

.

Offered by Halsey,

Drexel

Offered

'

;

-

*1,500,000 Philadephia

5erles N 2%% 1st refunding mortgage sinking fund bonds
due 1981. Purpose, refunding. Price, 104.50 and interest.

<

'"I,

Co.;

Henry

& Pomeroy, Inc.; Weeden 8c Co., Inc.; Wertheim & Co.,
and Fi S. Yantis 8c Co.,,Inc.^ v.;.-47 w,

The
■

>

&

Dempsey & Co.; Gregory & Son, Inc.; Hallgarten & Co.;
Ira;Haupt & Co.; Hayden, Stone & Co.; The Illinois Co.;
Ladenburg, Thalmann
& Co.;
Mullaney, Ross & Co.;
Otis & Co.; R. W. Pressprich & Co.; Schoellkopf, Hutton

Milwaukee Co.; Mullaney, Ross 8c Co.; Perrin, West &
Winslow, Inc.; Stein Bros. '8c Boyce; Townsend, Dabney
; & Tyson,, and Tucker, Anthony & Co. .
.
' ,0

,-i(^

Starkweather

American

Swiss

Co.;

Blair & Co.; Burr & Co., Inc.; Central Republic Co.

v

Offered

Brothers;

,

Boyce; Stlx 8c Co.; Sutro 8c Co.;

&

1% to 1.90%, according to maturity.

.

W,Hemphill, Noyes & Co.; Kuhn, Loeb & Co.; Lee Higginson
-«•

Phelps, Fenn 8c

Inc.;

Stuart

V*:7,-:7:7;'7.y7

1st

19761

& Winslow,

Scribner;

8c

Deane

&

wright

and general mortgage bonds
Purpose, " refunding, ? Pricey
by Harriman Ripley & Co.,
Inc.; Drexel 8c Co.; Estabrook & Co.; The First Cleveland
Corp.; Graham, Parsons & Co.; Hayden Miller 8c Co.;

102

^

-

;

Townsend, Dabney & Tyson; Walter-Webb 8c Co.; Wat-ling, Lerchen & Co.', and Wurts, Dulles & Co. sv..6,000,000 Ohio Public Service Co. serial notes
(1,30%-3%), due
1947-1956.
Purpose,
refunding.
Priced, to yield from

,

Hancock Mutual Life Insurance Co.

singer,

,;;7

,

>

*->*

r

■

*500,000 Arkansas-Missouri Power Corp. 1st mortgage bonds, series
B 278% ; due June
1, 1976. | Purpose, to liquidate bank
loan.
Price, 101.52 and interest.. Sold privately to John

■#,

Co.;

Co.; Putnam 8c Co.; Reynolds & Co.; Robinson-Humphrey
.Co.; Salomon. Bros. -8c Hutzler;; Scott & Stringfellow;
Chas,' W. Scranton 8c Co.;: Sills,. Minton 8c Co.,; Inc.;?

,

'

;

>

'

7

West

Perrin,

8c Co.;

!

<

co., xt.

worthy & Co.; Equitable Securities Corp.; Estabrook <ss
Clement A. Evans & Co. Inc.; Fahey, dark & Li0 .
Fauset, Steele & Co.; The First Boston Corp., First ox
Michigan Corp.; Folger, Nolan Inc.; Glore, Forgan & co.,
Graham, Parsons & Co.; Green, Ellis & Anderson,
garten 8c Co.; Harriman Ripley & Co., Inc.; Harris, wau ■
& Co.
(Inc.); Hawley, Shepard and Co.f Hayaehr"pi"|er,

1

-

■.

'

.

,

William R. Staats Co.; Stein Bros. & Boyce; Stone &
Webster Securities Corp.; Stroud & Co., Inc.; Swiss Ameri| can Corp.; Tucker, Anthony & Co.; Union Securities Corp.;
G. H. Walker & Co.; Weeden & Co., Inc.; White, Weld

*

*

1976.

due

.

-

,

8c

1,

institutions

32,000,000 Ohio
"7:,;i:7 series,

Dick &
P^minick 8a

Co.; J. M. Dain 8c Co.; R. L. Day & Co..
Merle-Smith;
Dillon,
Read & Co. Inc.,
Dominick; Drexel 8c Co.; Francis I. du Pont, 811

•

1964.
Purpose, refunding.
Placed/privately
through Auchincloss, Parker 8c Redpath. £
Public
Service
Co.
first
mortgage bonds,- 2%%

May

with

1940

Monday, July 8,

THE COMMERCIAL & FINANCIAL CHRONICLE

1

<

<

>

,

1

v

Bacon, Whipple & Co.; R. S. Dickson & Co., Inc.; Riter
\77 & Co.; The Robinson-Humphrey Co.; Chas. W. Scranton
,

{Volume 164

Number 4505

THE COMMERCIAL & FINANCIAL CHRONICLE

Co.; Baker, Watts & Co.; Bond As Goodwin Inc.; Bosworth, Chanute, Loughridge As Co.; Farwell, Chapman As
Co,;

J.

J.

B.

Hilliard

Ac' Anderson; Grubbs, Scott & Co.i Hallowell, Sulzberger
& Co.; Hannahs, Ballin & Lee;
Hawley, Shepard & Co.;
W. E. Hutton & Co.; The Illinois. Co.; Johnston, Lane^
Space and Co.; Inc.; Johnston, Lemon is Co.; KirkpatrickPettis Co.;
Kuhn.Loeb is Co.; Laird, Bissell & Meeds;
Mackall & Coe; A. E. Masten & Co.; McCourtney-Breckenridge & Co.; McDonald & Co.; Minsch, Monell & Co.;
Moore, Leonard & Lynch; Mullaney, Ross & Co.; W. H.
Newbold's Son
8s
Co.; Newhard,
Cook & Co.; Pacific,
Northwest Co.;
Phelps, Fenn & Co.;
Putnam & Co.;
Reynolds & Co.; Robinson-Humphrey Co.; L. F. Roth¬
schild At Co.;
Salomon " Bros. 8s - Hutzler;' Schoellkopf,
Hutton & Pomeroy, Inc.; Schwabacher & Co.; Scott &
Stringfellow; Chas. W. Scranton & Co.; Singer, Deane &
Scribner; Starkweather 8s Co.; Stein Bros. & Boyce; Stix
Az Co.; Sutro & Co.; Sweney, Cartwright 8s Co.; Swiss
American Corp.; Thomas & Co.; Townsend, Dabney As
Tyson; Walter-Webb & Co.; Watling, Lerchen & Co.;
Weeden & Co., Inc.; Wertlieim & Co.; Wheelock & Cum\mitts, Inc.; Rarold E, Wood & Co.; Woodard-Elwood &
Co., and Wurts, Dulles & Co.
^

&

Son; Clifford J. Murphy Co.;
Rauscher, Pierce As Co., Inc.; Auchincloss, Parker & Red4path; Ballou, Adams As Co., Inc.; H. P. Boynton As Co.,

■

Inc.; Alex. Brown & Sons; Chace, Whiteside As Warren,
Inc.; First of Michigan Corp.; Gordon B. Hanlon & Co.;
Kirkpatrick-Pettis Co.; F. L. Putnam As Co., Inc.; Reinholdt As Gardner; George D. B. Bonbright & Co.; Richard
W. Clarke Corp., and Harold E. Wood As Co.

10,467,296. Central

Maine Power Co. 373,832 shares of common stock
Purpose, irefunding. " Price, $28 per share,

is

(par $10).
Offered to

i

Unsubscribed

<

i ••/•

•{'<-

•'

.

?"

r:<-

,

'•

!

j

J ^

stock.

common

'

t

v

-

!
>

Corp.;

Charles

I**-"-

Co.;

j

H.

Gilman

&

Co.;
P. L.

Gordon

Hanlon

B.

Reinholdt

Kirkpatrick-Pettis Co.;

Putnam

As

Co.,

As Gardner;
George D. B. Bonbright &
Richard W. Clarke
Corp., and Harold E. Wood & Co.

J.

j

;
,

,;

,

;

*2,750,000 Philadelphia

Co.; Chas. W. Scranton As Co.;
R- L. Day As Co.; Weeden As Co., Inc.; Bacon, Whipple
& Co.; R. S. Dickson As Co., Inc.; Phelps, Fenn &
Co.;
Riter As Co.; The Robinson-Humphrey
Co.; Baker, Watts
& Co.; Bond & Goodwin, Inc.; Bosworth, Chanute, Loughr^ge As Co.; Farwell, Chapman & Co.; J. J. B. Hilliard
As Son;* Clifford J. Murphy Co.;
Rauscher, Pierce As Co.,
toe.; ^Auchincloss, Parker As Redpath; Ballou, Adams As
Co.;- Inc.; H. F. Boynton. . & Co.,-'Inc.; Alex./Brown As
S°ns; Chace, Whiteside & Warren, Inc.; First of Michigan

j

.i
J

and

'>',Putnam & Co.; The Illinois

,

-

J'
I

preferred

Blair & Co., Inc.; F. S,
Moseley & Co.; Paine, Webber, Jackson & Curtis; Whiting,
Weeks As Stubbs;
Baker, Weeks & Harden; Maynard H.
Murch As Co.; Cooley Az Company; Maine Securities Co.;

*

,

j
'

6%

offered

-Inc.; The Wisconsin Company;

,

t

,

i*.

of

shares

by First Boston Corp.; Stone
As Webster Securities Corp.; H. M. Byllesby and Co., Inc.;
Harris, Hall Ac Co. (Inc.); H. M. Payson & Co.; E. H.
Rollins As Sons Inc.; Schoellkopf, Hutton As Pomeroy,

}
l't

holders

preferred
5

V4,
4,412,538

&

Inc.;
Co.;

power & Light Co. 100,000 shares of 4%
cumulative preferred stock (par $100)..Purpose, refundlngL Price, $115 per share and dividend. Offered In
exchange for S'A% preferred stock.
Unexchanged shares
offered by Otis As Co.; Bache &
Co.; Baker, Watts &
Co.;
The Bankers
Bond
Co.;
Baum, Bernheimer Co.;
Barret Fitch As Co., Inc.; Jack M. Bass &
Co.; Bioren
& Co.; Brailsford & Co.; G. Brashears &
Co.; Brooke,
Stokes As Co.; Brooke, Tindall & Co.; K. J. Brown &
Co.;
Buckley Brothers; Bullington-Schas As Co.; Burr As ComPany. Inc.; Frank B. Cahn & Co.;
Campbell, McCarty As
Company, Inc.; Clayton Securities Corp.; N. Leonard
Cohen As Co.; Collin, Norton & Co.; Homer Collins As
Co.;
Cooley As Company; Courts As Co.;
Cray, McFawn As Co.;
Dempsey As Company; Dempsey-Tegeler As Co.; Dittmar
As Co.; Wm. F. Dowdall &
Co.; Doyle, O'Connor & Co.,
Inc.; Clement A. Evans As
Co., Inc.; Ferris As Co., Inc.;
Pos.t®r & Marshall; Friedman, Brokaw Ac Samish; Glover;
As MacGregor, Inc.; W. D. Gradison As
Co.; Green, Ellis
« Anderson; Hamlin & Lunt; Ira
Haupt &

y
*.

'

r

t

i

i
i
J

J
1
i
J

•

J
J
J

f

-'

j

I

*

j

Co.;

As

,

i

( 1

.

Lemon & Co.; Kinsley
Inc.,

Walter

5 S0,;

Scott

Co.;

and

$111,709,611

Price, $31 per share,
Offered for subscription to common stockholders.
Un¬
subscribed-shares offered by Otis' &
Co.; Bache & Co •
h Raker,';-Watts- As Co,; The Bankers Bond Co.; Baum'

'

Bernheimer

? £0"'
Tindall

&

Co^ Barret Fitch & Co., Inc:;-Jack M. Bass
?
& Co•, Inc-' Bioren & Co.; Brailsford

IRON, STEEL, COAL,

Clement A.

mon

Haupt

&

Co.;

Chas.

M.

Henderson

Co

&

-•

O'Gara

Co.;

•

b.

-

1

-

■

&

Co.,

Inc.;

Goodwin,

Inc.;

,0

v,

.

Co.,

'

/

.

\

t

cumulative
Purpose, acquisi¬

Manufacturing Co.
100,000 shares of
(par $1).
Purpose, payment of mortgage
bank loan and other corporate purposes
Price, $3 per share.
Offered by F. H. Koller

pay

Co., Inc.

\ (see above).

'

-*

(par

50

share.

Price,

$102,625

per

share

and

div.

Applegate;

"

;f
i,

!

V

'

Dick

Kf.

b
J I

.

A.

Aub

75,267

Co.;

of

shares

vV

&

;
"

.

Weil As Arnold,] and McAlister, Smith As

184,712 Gerotorv; May

>

$1).
•

•

of

shares of

stock

common

machinery,

plants,

share of class A and
•

Screw

etc.

(par $1).

Price,

share of

one

Corp.

34,365

shares

of capital

»

shares

underwritten

Equipment

..

•

*

($620,000),
share

•

^

1

,

stock

(par

Purpose, general corporate purposes.
Price, $5.37%
Offered for subscription to stockholders.
6,665

shares offered by Frederick S. Robinson Ac Co,

„

Hydraulics,. Inc/'/ 88,000 shares of common stock
cents).
Purpose,
acquisition,
purchase
of
machinery, etc.
Price,. $3.37% a share.
Offered by
Townsend, Graff As Co.
/-cv':';

297,000 Greer
.

,

(par

50

200,000 Harvill Corp. 100,000 shares of common stock (par $1).
:
1 Purpose,
working capital.
Price,] $2 per share.
Offered
to

stockholders.

$11

common.

preferred

Purpose,
per

unit

;,

_

-'

Offered

stock
etc.

shares
(par

Price,

common

by

G. H.

of

4J/a%

$50).

-

$52

finance

share.

Offered

stockholders.

and

&

Walker & Co.

Corp.

Offered

Co4, and Grubbs, Scott As Co.

Equipment Corp.
(par $2.50). Purpose,

20,000

i

etc.
:vY-

...

^

~

^

common

stock

Price,' $24.50- per
A-!i

•

series

prepay

A

(par

$100).

promissory

Purpose,

note,

J i.

'

cumulative

refunding

working

capital

Price, par and dividend.
Offered by A. G.
Becker As Co., Inc.; Eastman, Dillon As Co.; Glore,. Forgan

($4,017,000).

8s Co.; Harriman Ripley As Co., Inc.; Henry Herman As
Co.; Hornblower As Weeks, Kidder, Peabody As Co.; Ladenburg, Thalmann As Co.; Lehman Brothers; Merrill Lynch,
Pierce, Fenner As Beane; Riter As Co.; Smith, Barney As
Co.; Stone As Webster Securities Corp.; Union Securities
Corp.; Wertheim As Co., and Kuhn, Loeb Az Co..

1,125,000 Hytron Radio & Electronics Corp. 125,000 shares of com;^/-,;/^://v'mon stock (par $1).
Purpose, working capital.
Price,
$9 per share.
Offered by Her rick, Waddell As Co.* Inc.;
/V Mann As Gould; R. H. Johnson As Co.; Amott, Baker As
[ •
'' Co.; Brush, Slocumb As Co.; Maxwell, Marshall As Co.;
Sutro
As Co.; Friedman As Co.;
Reinholdt As Gardner;
...J
.Stirling, Morris As Bousman; State Investment Co.; Clajp^
ton Securities Corp.; J. H. Goddard As Co.; Link, Gorman
Co.; Hall, Tattersall As Co.;: Newburger As Hano; Dempcey-Tegeler As Co.; A. M. Kidder As Co.; McDonald As Co.;
'

-■

shares- of

additions,

O

/

by Central Republic Co. (Inc.);
Reynolds & Co.; Lee Higginson Corp.; A. C. Allyn and
Co., Inc.; Bacon, Whipple & Co.; Dean Witter & Co.;
'Julien Collins & Co.; Ball, Burge & Kraus; Merrill, Turben

490,000 Aro

,

Unsubscribed

30,000 shares of cumulative preseries (par $50).
Purpose, refunding
additions, etc. ($880,000).- Price, $51.50 per

div.

;/v:
-

Purpose,

per

t

cumulative

stock

($4,983,000),

;

fi

(;v•;^^

21,550

Co.
preferred

purchase of plant,
for subscription to

1,500,000 Aro
.'-.A

Co., Inc.

per share.

•

9,000,000 Heyden Chemical Corp. 90,000 shares of 3%%

Xprnferred stock 4%%-

& Co.; Elkins, Morris & Co.; Fauset, Steele & Co.; The




v

-r

stock

common

cents).
Purpose, general funds.
Price, $3 per
Offered by Amos Treat As Co.; Irving J. Rice As

.

-

C.

Trust Co. of Lincoln,
Neb.; Folger^ Nolan Inc.;
Foster & Marshall; Graham, Parsons & Co.j
Green, Ellis

100,000

one

convertible

Cooley & Co.; Cruttenden & Co.; R. L. Day & Co.;
8s Merle-Smith; Drexel & Co.; Francis I. du Pont

First

and

by Reynolds & Co.

Whiteside 8s Warren, Inc.; Chaplin & Co.; E. W. Clark
& Co.; Cobbey, Shively Ac Co.; C. C. Collings and Co.,
inc.;

-

Corp.;
A. E.

J

,

.

.

1,077,500 American

by Mellon
Allyn and Co., Inc.; Geo.
G.
Co.; Baker, Weeks & Harden;
Barrett, Fitch & Co., Inc.; Bear, Stearns Ac Co.; Blair
8s Co., Inc.;'Blytn & Co., Inc.;
George D. B. Bonbright
8s Co.; H. F. Boynton & Co., Inc.; J. C. Bradford &
Co.;
Brush, Slocumb & Co.; Caldwell Phillips Co.;
Chace,
Securities

1 %

'

purchase

Offered

'

400,000 General Controls; Co. 10,000 shares of common stock (par
$10).
Purpose, working • capital,
Price, $40 per Share.
Offered by Wagenseller As Durst, Inc.

,

of

15,630,000 Ohio Public Service Co. 156,300 shares of 3.90% cumular?v-T \ y^'-tive preferred stock (par ? $100).
Purpose,
refunding.
^

-

,

t

\

...

225,801 Fleetwood-Airflow, Inc.
Spring

$1,100,000 Air Products Inc. 100,000 shares of class A stock (par $1)

ing.
Price, $103.50 per share and div.
Offered by same
bankers as offered the $34,500,000 .lst
mtge, 27/a% bonds

\

„

4%

r?>

668,720 Firth Carnet Co, 33,436 shares of common stock (no pav).
Purpose, working capital, etc. Price, $20 per share* Of¬
fered by Reynolds As Co.; Gillen As Co.; Ball, Burge As
Kraus;
Bateman, Eichler As Co.; Alex. Brown As Sons;
v
Central Republic Co, (Inc.); Laurence M. Marks 8s Co.;
The Ohio Company; Sutro As Co.; Walston, Hoffman &
Goodwin; J. C. Bradford As Co.; Johnson, Lane, Space As
Co., Inc.; R. H. Johnson As Co.; Kay, Richards As Co.;
Loewi As Co.; Henry C. Robinson As Co., Inc.; Allan L»
Melhado; Peltason, Tenenbaum Co., and Smith, Hague

;

t

of

Central

Price, $11 per share. Offered by Van Alstyne, Noel is Co.;
Kobbe, Gearhart & Co., Inc.; Amott, Baker is Co., Inc.;
Bear, Stearns is Co.; 'W. H. Bell is Co., Inc.; Bioren As
Co.; Boettcher and Co.; George D. B. Bonbright & Co.;
J. C.
Bradford
&
Co.; Brooke,
Stokes & Co.; Buckley
Brothers; Bull, Holden & Co.; Butcher & Sherrerd; Clay¬
ton Securities
Corp.; E. W. Clucas As Co.; Coburn As
Mlddlebrook; Cohu As Torrey; George R. Cooley As Co.,
Inc.; Courts As Co.; Doolittle, Schoellkopf 8c Co.; Francis
I. du Pont & Co.; Joseph Faroll & Co.;
Fusz-Schmelzle
& Co.;
Gordon Graves and Co.; Grimm & Co.; Hall,
Tattersall As Co.; J. B. Hanauer As Co.; Hancock, BlackStock As C6;;v'HanrahaftAs Co.; Ira Haupt As Co.; Hegeman
Co'.:;Hirsch As Co.; R./R. Johnson As CoXJohnson, Lane,
'Space. & Co., Inc.; Johnstpn, Lemon As Co.; Robert C.
Jones As Co.; A. M. Kidder As Co.; John Kormendi Co.;
McAlister, Smith A: Pate, Inc.; MacColl, Fraser As Co.;
A.
E. Masten As Co.;
Mead, Irvine As Co.; Berwyn T.
Moore As Co., Inc.; Newburger As Hano; Newhard, Cook
As Co.; Paul As Co., Inc.; Pitman As Co.] Inc.; Frederick
S.
Robinson
As
Co:, Inc.; Herbert W. Schaefer As Co.;
Schoellkopf,,. Hutton As: Pomeroy,; Inc.;. Sidlo, Simons,
Roberts As Co.; Frank S. Smith As Co,, Inc;; Stein Bros.
As Boyce; Straus As Blosser; Charles A. Taggart As Co.;
Taussig, Day As Co., Inc.; Edward A. Viner As Co., and
White As Co.

accessories

OTHER INDUSTRIAL AND MANUFACTURING

refund¬

Co.;

,

'

-

12,500,0p0 Jersey Central Power A Light Co.: 125,000 shares
\Z
cumulative preferred stock (par $100). Purpose,

Dempsey

Inc.;

&

,

$6,300,000

.

8c

Cantor

G.

^ H

V'V''

'

i

B.

4,675,000 (Allan B.)' Du Mont Laboratories, Ino. 425,000 shares of
class A common stock (par 10c.). Purpose, expansion.

(par $10).
$10 per share.
Offered by ;Wm. J. Mericka
Goshia 8s Co.; Straus & Biosser; Dempsey-

Steel

Emerich

Ames,

Emanuel, Deetjen As Co.; Van Alstyne, Noel is Co.;
&

.

com¬

Co. 100,000 shares' of 4%: con¬
vertible preferred
stock
(par $50).
Purpose, expansion
of facilities.
Price, $52.50 per share.
Offered by Gold¬
man, Sachs & Co.; Ball, Burge 8s Kraus; Betts, Borland
& Co.; Blyth & Co., Inc.; Clark, Dodge & Co.; Paul H.
Davis 8s Co.; Dempsey-Tegeler & Co.; Elkins, Morris &
Co.; FarwelV Chapman As Co.; Fauset, Steele As Co.;
Glover As MacGregor, Inc.;
Grubbs, Scott As Co.; Hayden,
Miller & Co.; Hemphill, Noyes 8s Co.; Kay, Richards &
Co.; Kidder, Peabody & Co.; Lehman Brothers; Carl M.
Loeb, Rhoades & Co.; A. E. Masten 8s Co.; Moore, Leonard
& Lynch; Newhard, Cook 8s Co.; Piper, Jaffray 8s Hopwood; Reinholdt & Garner; Shields & Co.; Singer, Deane
& Scribner; Union Securltes Corp.; G. H. Walker & Co.;
watling, Lerchen 8s Co., and The Wisconsin Co.

&

?

Offered by Kobbe, Gearhart & Co.
>
>1! i!;'.-! i' S ■ ■=

v;

stock

5,000,000 Standard

Peters,

.

-

Wm. C. Roney & Co.; Moreland & Co.;
Co.; ■ Gottron, Russell & Co.*; Green,
and Bradbury-Ames Co.

($177,150).
&

•

common.

I' '

{

Co.;

(6322,850),

cumulative
preferred stock (par $5) and 120,000 shares
stock (par lc.). Purpose, expansion, working
Price, $5 per unit of one share of preferred and

i

Christier&

common

Co.;

Neal is Waggoner.

&

,

2,395,174 De Vilbls Co. of Toledo, 104,138 shares of common stock
(par $5). Purpose, refunding ($525,000), additions, work¬
ing capital, etc. ($1,870,174), Price, $23 per share. Offered
by Laurence M.t Marks &' Co.; .Ball, Burge & Kraus;
^-.,1
Reynolds & Co.; Kebbon, McCormick & Co.; Paine, Web¬
ber, Jackson & Curtis; Collin, Norton & Co.; McDonald
& Co.; AUen C.; Ewing & Co.; Grubbs, Scott As Co.,-and
Stern, Frank is Meyer. ...
1
- •
'

COPPER, ETC.

stock

.

McDonald & Co.
"v

300,000 Brandt-Warner

,

&

■

v.

Erb 8s Co.,

Co.; Park-Shaughnessy & Co.; H. O.
Writer & Christensen, Inc.; Priester
Co^; E. H. Pringle & Co.; F. L. Putnam & Co., Inc.;
The Ranson-Davidson
Co., Inc.; Reinholdt & Gardner;
Riley & Cp.; The Robinson-Humphrey
Co.; Rotan, Mosle
& Moreland, Inc.; Dallas
Rupe & Son; Russ & Company;
Scherck, Richter Co.; Scott, Horner 8s
Mason, Inc.; Seasongood & Mayer; Sidlo,
Simons, Roberts & Co.; Sills,
Minton & Co., Inc.; Smart &
Wagner, Inc.; Smith, Ramsay & Co.; State National Securities
Corp.; Sterne, Agee
& Leach; Stix &
Co.; Straus & Blosser; Newton Todd;
Vercoe & Co.; Vietor,
Common, Dann & Co.; Webster &
Gibson; Weil 8s Arnold; Westheimer & Co.; Harold E.
Wood & Co.; Woolfolk
Huggins & Shober, and Wyatt,
Peet &

Price,
Co., Inc.;

Tegeler

Milhous, Martin & McKnight, Inc.;
Berwyn T. Moore & Co., Inc.;
Mullaney, Ross & Co.;
Nashville Securities Co., Inc.;
Nelson, Browning & Co.;

Alfred

preferred

tion.
&

&

Co.; Hendricks
& Eastwood, Inc.;
Hickey & Co.; Hill & Co.; J. H. Hilsman
& Co., Inc.; Hincks Bros. &
Co., Inc.; Johnston, Lemon
&
Co.; Kinsley j, & Adams;
Kirchofer &
Arnold, Inc.;
Walter Koppelman; Loewi &
Co.; MacNaughton Greenwait
&
Co.; McDonald-Moore
&
Co.;
Albert McGann
Securities Co., Inc.; Mackubin, Legg &
Co.; Marx & Co.;
Mason, Moran & Co.; Maxwell, Marshall & Co.; R. M
Mayerstein Co.; Mead, Irvine & Co.; Gordon Meeks &
Middendorf

convertible

1

burger is Hano; Sills, Minton is CO., Inc.; Walston, Hoff¬
man & Goodwin;
Weil & Co.; Growney & Co.; Herzfeld
& Stern; Mendoza Y Salazar; Sutro Bros. & Co.; E. W.
Clucas 8s Co.; Blair F. Claybaugh & Co.; Ira Haupt & Co.;
R. C. Jones is Co.; Wm. J. Mericka & Co,j and Donald
Young & Co..
142,500 Decker Manufacturing Co. 57,000 shares of common stock
(par
$1).
Purpose/-']; acquisition,
working
capital, etc.
Price, $2.50 per share. Offered by Lytle & Co. and C. G.

$1,000,000 BIngbain Stamping Co. 100,000 shares of 5%
•

Kidder & Co.;

M.

National Corp.; Courts 8c Co.; Francis I. du Pont & Co.;
First Colony Corp.; M. M. Freeman & Co., Inc.; New-

.

Purpose, completion of construction
Price $1.
Offered by Tellier As Co.

and

A.

common

Bond

(no par).

motors

'

is Co.;

$950,000

Company, Inc.; Ferris & Com¬
pany,
Inc.; Foster & Marshall; Friedman, Brokaw &
Samish; Glover & MacGregor, Inc.; W. D. Gradison &
Company; Green, Ellis & Anderson; Hamlin & Lunt; Ira

Co., Inc.;

Offered by Hirsch & Co.; Allen & Co.; Jacques Coe & Co.;

'

stock

8c

192,500 Compania Litografica De La Habana, S. A.
(Havana
Lithographing Co.) 35,000 shares of common stock (par
10c.).
Purpose, refunding ($101,500), purchase machine,
working capital, etc. ($91,000).
Price, $5.50 per share.

Offered direct to public by company..

program, etc.

.

Kalman

A

,

500,000 Newcor Mining & Refining, Ltd. 500,0b0 shares of

Co.,

Evans &

.--

New York.

i:;

Co.;

capital.
two shares of
'V

Co. 75,000 shares of common stock
(par $1). Purpose, pay loans, purchase equipment, working
capital. Price, $2 per share. Offered by Frank L. Porter,

j;

200,000 shares of $1.20 cumulative preferred

convertible
of

brown Mining

150,000 Golden

'

300,000 Ceraseal Chemical Corp. 60,000 share's of 6 %

Mines, . Inc. 300,000 .shares of common stock
Purpose, general corporate purposes.
Price, $1

per share.

;-V

&

Stubbs.

:

(par $1).

Brashears & Co.; Brooke, Stokes &
Co.; Brooke,

Co.; K. J. Brown & Co.; Buckley
Brothers;
Bullington-Schas & Co.; Burgess &
Leith; Burr & Co.,
Inc.; Frank B. Cahn & Co.; Campbell,
McCarty & Co.,
Inc.; Carmen & Co., Inc.; Clayton Securities
Corp.; N
Leonard
Cohen
&
Co.; Collin, Norton & Co.; Homer
Collins & Co.; Cooley & Co.; Courts &
Co.;-Gray, McFawn
& Co.; Dempsey &
Co.; Dempsey-Tegeler & Co.; Dittmar
& Co.; Wm. F. Dowdall &
Co.; Doyle, O'Connor &
Inc.;

"

&

Co.;

$300,000 Christina

Price, $6 per

capital.

& Co.;
Mackubin, Legg & Co.; Mason, Moran Jb
Co.; Maxwell, Marshall Az Co.; Minsch, Monell Az' Cbi;
Moore, Leonard & Lynch; Nashville Securities Co.; The
Ohio Company; Scherck, Richter
Co.; Singer,'Deane'&
Scribner; Stifel, Nicolaus & Co., Inc.; Straus is Blosser;
Suplee, Yeatman 8c Co., Inc., and Whiting, Weeks Js

,

of common

working

*1,900,000 (E. L.) Bruce Co. 19,000 shares of 3%% cumulative pre¬
ferred stock (par $100). Purpose, refunding ($1,400,000),
general capital purposes ($500,000).
Purchased by Shell
Pension Fund and Shell Provident Fund, Lee Higginson
Corp., agents.

is

.

lfcPfk \n0. pa.r)* Purpose, refunding.

t

;

283,000 Western Kentucky Gas Co/ 11,320 shares of 4.80% cumu¬
lative
preferred
stock
(par
$25).
Purpose,
refunding
($201,667), working capital, etc. ($81,333).
Price, $26.50
per share and dividend.
Offered by J. J. Hilliard & Son.

Co.;

Purpose,

Offered by Cruttenden As Co.

Lemon

Union Electric Co. of Missouri
3,000'L
13,910,
130,000 shares of $3.50
preferred stock
(no par).
Purpose, refunding, i Price,
mi
$107 per share and dividend.
Offered in exchange for
old
preferred shares.
Unexchanged shares offered
by
Blyth & Co., Inc.; Lee Higginson Corp.; E. H. Rollins
& Sons Inc.; Spencer Trask 8s Co.; Clark, Dodge & Co.;
The Wisconsin Co.; The Ohio Company; Hawley, Shepard
& Co,;; H.
F. Boyntoft & Co., Inc.; :Kirkpatrick-Pettis
......
Co.* and Rotan, Mosle and Moreland.

T ^

common

with stock purchase warrants for common
Purpose, working capital.
Price, $25 per share.
Offered by Blair & Co., Inc.; Cruttenderi" & Co.; Ames,
Emerkh 8s Co., Inc.; Baker, Weeks & Harden; Butcher &
Sherrerd; Cohu & Torrey; Courts & Co.; Dempsey-Tegeler
& Co.; Francis I. du Pont A: Co.; A. G. Edwards and Sons;

Burr

Wisconsin

■SSj0!'&Pordon, Co.; Westheimer Gibson
Inc.; Webster As
Weil & Arnoid;
Weish, Davis &

'K
of

Loewi

Sons, Inc.; H. V. Sattley & Co., Inc.; Shields
Stein Bros. & Boyce; Stroud & Co., Inc.; The
Co.; Harold E. Wood Ac Co.; Wurts, Dulles Ae
Co., and Yarnall & Co.

&

preferred

■

shares

Emanuel, Deetjen & Co.; First California Co.; The First
Trust Co. of Lincoln, Neb.;
Hayden, Stone & Co.; Johnston,

& Co.; Hallgarten & Co.;-Hallowell, Sulzberger &
Harriman Ripley & Co., Inc.; Harris, Hall & Co.
Hayden, Miller & Co.;
W.
E.
Hutton
&
Co.;

Rollins

Simons, Roberts & Co.;
Co., Inc.; Smart & Wagner, Inc.; Smith,
Ramsay & Co.; State National Sees.
Corp.; Sterne, Agee
6 Leach; Stix &
Co.; Straus & Blosser; Newton
Todd;

Shades

V

—

Jenks, Kirkland & Co.; Kidder, Peabody & Co.; Kirk¬
patrick-Pettis Co.; W. C. Langley & Co.; Lazard Freres
Co.; Moore, Leonard & Lynch; F. S. Moseley is Co.;
Perrin, West & Winslow, Inc.; Reynolds & Co.; E. H.

■„

v

stock.

Co.; S3. K. Cunningham is Co., Inc.;
Dominick; Drexel & Co.; Estabrook & Co.;
Corp.; Green, Ellis & Anderson; Grubbs,

&

the

offered

as

100,000

stock (par $25)

Hampshire

New

Corp.

cents).

stock (par $1).

- "'V

■

share.

is

Sm'j Minton &
™<as?ng0£d~& Mayer? Sidlo,

lv 4,431,977 Indlanapoli8 Power &
Light Co; 142,967

of

50

.5,000,000 Bowser, Inc.

(Inc.);

Sills,

&

y.'

s

The First Boston

Mason

,

Collins

Dominick

Hendricks

Huggins & Shober,

Co.

(par

Pipe

259,196 Barcalo Manufacturing Co. 31,116 shares of common stock
(par $8.33).
Purpose, expansion.
Price, $8.33 per share, v
Offered
for
subscription to stockholders.
Underwritten
■'■■■
by local bankers.
v:;r
y
300,000- Bardwell & MoAlister, Inc.
50,000 shares of common

113,142 shares of
common
stock
(par $10).
Purpose, construction, exten¬
sion, etc,
Price, $39 per share.
Qffered by Kidder, Peabody & Co.; Blyth & Co., Inc.; Eastman, Dillon 8s Co.;
Glore, Forgan & Co.; Goldman, Sachs & Co.; Merrill
Lynch,- Pierce, Fenner & Beane; Wertheim & Co.; White,
Weld & Co.; Central Republic Co. (Inc.); L. F. Rothschild
& Co.; Hallgarten & Co.; Hornblower
& Weeks; W. E.
Hutton & Co.; Dean Witter & Co.; Folger, Nolan Inc.;
Hawley, Shepard & Co.; Hill & Co.; Kebbon, McCormick
& Co.; Schwahacher
&
Company; Stroud & Company,
Inc.; Yarnall & Co., and W. H. Elmes & Co.

Julien

Co., Inc., Reinholdt &
Robinson-Humphrey Co.;

wvoff SiJ?Co': Woolfolk
'

//

4

by same bankers
foregoing).
;

Briar

Purpose, refunding ($24,396); pay
bank loan, working capital, etc. ($200,604).
Price, $2.25
per share.: Offered by B. C, Cantor & Co. .

,

Service Co. 100,000 shares
of 4.10% cumulative preferred stock (par $100).
Purpose,
refunding.
Price, $102.50 per share and dividend.
Of¬
fered by Mellon Securities Corp.; A. C. Allyn & Co., Inc.;
Geo. G. Applegate; Auchincloss, Parker & Redpath; Blyth
& Co., Inc.; H. F. Boynton & Co., Inc.; J. C. Bradford
& Co.; Alex. Brown & Sons; C. C. Collings and Co., Inc.;

As Adams;

vyyatt, Real is Waggoner.1

stock

-

10,000,000 Scranton-Spring Brook Water

Gardner,
Riley
&
Co.;
The
Rotan, Mosle As Moreland Inc.; Pallas
Rupe As Son; Russ
As Company;
Scherck, Richter Co;; Scott, Horner As

r

Public Service

Koppelman;

£» Rans<>n-Davidson

.

-

shares of 3.65%
refunding.
Sold

53,248 shares of 3.35% cumulative
preferred stock (par $100).
Purpose, refunding.
Price,
$101.50
per
share
and
dividend.
Offered by
Mellon
Securities Corp.; Blyth & Co., Inc.; Alex. Brown 8s Sons;
E. W. Clark & Co.; Drexel & Co.; Harriman Ripley & Co.,
Inc.; Kuhn, Loeb & Co.; Moore, Leonard & Lynch; E.
H. Rollins & Sons, Inc.; Singer, Deane & Scribner; Stone
&
Webster
Securities
Corp.; Stroud
& Co.,
Inc., and
Spencer Trask & Co.

n/

Kirchofer As Arnold,
Loewi As
Co.; MacNaughton
Green wait As Co.;
McDonald-Moore As Co.; Albert McGann
Securities Co., Inc.;
Mackubin, Legg As Co.; Marx & CoMason, Moran As Co.; Maxwell,.Marshall As
Co.; R. M.
Mayerstein Co.; Mead, Irvine As
Co.; Gordon Meeks As Co.;
Middendorf & Co.;
Milhous, Martin As McKnight, Inc.;
Berwyn T. Moore & Co.* Inc.;
.Mullaney, Ross As Co.;
Nashville Securities Co.,
Inc.; Nelson, Browning As Co.
Alfred OGara As Co.;
Park-Shaughnessy As Co.; Patterson,
Copeiand & Kendall, Inc.; H. O.
Peet
&
Co.; Peters,
Writer As
Christensen, Inc.; Priester As Co.; E. H. Pringle

-

i

'•l'-

5,324,800 Scranton Electrle Co.

Eastwood, Inc.; Hickey & Co.; Hill As Co.; J. H. Hilsman As Co., Inc.; Hincks Bros. As.
Co., Inc.; Johnston

■■

Purpose

$100L

(par

27,500

Co.

Water

Offered

(see

225,000 Art-Craft

privately through Drexel is Co.

10,000.000 Indianapolis

J

Suburban

stock

share.
?stock

1

THE COMMERCIAL & FINANCIAL CHRONICLE
H. G. Brunr & Co.*1and Wiley
Y

(par

50,

■

'lleBH
& Ci>„ inc.; wniter
Co.,
H

Electronic

cents).

acquisition

working

of

110,000 Industrial

Y'VYY

Machine

mon" stock' (par

Products,

$1").

machinery,

V

re¬

' ,*vi •"
shares of

working

capital.

296,250 Oil

Prospects,

com-

Wadsworth- && Co,

$287,500' Archer
class
^

share.

Offered

Gearhar.t

&

Co.

by.

'

Newburger

subsidiary
$1S

'

.

;

($150,000),

share.

Per

Unsubscribed

.

V

A

900,000

Co.,

(F.

and

H.)

for

capital

&

stock

Co.

(no

stock.

by

to

Purpose,

,'Vh ,;.'.

stockholders.

Peabody
'

••

•

„

36,000. shares of

par).

-

of

Price,

Kidder,
$1.50

.

of facilities,

etc.

Price,

$50*

of

Gardner; Smith, Moore- fic Co.;
a**d Sti? fic Co.

ReinholdJt fis

404,430 Midwest

capital.

Reclaiming
(par $2.50).

stock

common

'

.

.

8,570,000' Minneapolis-Honeywell

$2,404,430

'• '

.

Regulator Coir 85,700 shares of
3.20% convertible preference stock, series A (par $100).
Purpose, refunding.
Price, $108 per share?
Offered in
exchange for 4% and 4(4% series B, C and D preferred
stock.
Unexchanged share underwritten by Union Securi¬
ties

Corp;

Alex*

Brown & Sons;

A

■

■

stock

cumulative

Y:Y"Y.V

pose,,

»

j

Sons;

f

preferred
bank loan

of

stock

shares

The

Ohio

H.

(par

'

$20).

Co.;

Sutro

,

(gar

subscription

Wisconsin

to

-

Loewi

Aircraft; Corp. 150,000
preferred
stock
(par $10)v

1

A

Co.,

of

and

4(4%

'

v

Purpose,

The
Mil¬

^tock

,

JRobinsoxr & Co«

-

(;285,000 Prentiss-Wabers
£*?*'

J.

per*
.

1»400,0Q(P
;

,

-l.

,

of

bank 'loans '

Price,

of

Purpose,,

11,000- shares: of

general:

corporate,

f*1 ?er_~iaEe*, Offered ■ for subscription:

v' '

Unsubscribed

,

shares

offered

JUOra,

V

■.'!« .<

-v^,

,.,.1,000,000 Samson.-United;

Corp.

125,000' shares of 55

~

cents

*

\ l.

.

cumula-

-

;

.

c

-

Ml

(par

/;

$t).

PUFpes*

-

l^.OOO4

shares

of

-

■

Charles

working- capital:i* PWce,

Offef^^by achneider, Bernefc
B» White & Co.
y

$10

l»2Q0,0OO. Super-Cold:

".

$6)-

i.r'

Corp.

Purpose,

,

r

f

.

.

■

•

stock

(par

Alstyne,

Noel

i

fir

Gardner,-and Newhard,

preferred

Cook

fic Co;

'

,

40,000 shares
stock-(par

2,200,000 Utility Appliance Corp.

Price,
and

'

of 4% cumulative
Purpose, expan-

$50)*

par

and;

div*

Offered

by

Kidder,. Peabody fic Co.

80,000

shares

of

ferred,

stock, $1 dividend convertible
Purpose, acquisition, etc. Price, $16,625
by Bateman,. Eichler fic Co.;
Nelson

cumulative

series

(par

per share.

pre¬

$15).

J.Y

r

,f.

F /

.

(Par- $1).

$5-25

per

Purpose,

share.

additions,

Offered by

same

preferred stock (see foregoing).

i $60,410,363




■

;

'

bankers
:

as

etc.

'

offered-

The

corporate

by Alex. Brown

the

$100).

Son;

Shields
.-(par.

purposes.

fic Sons;

Rauscher,
.

.

w

Pierce

i.>.y v>-

..■■

and' Stix

fic

Co.

5%

fic SherrercL

cumulative: series

Purpose,

extensions

;

<t

il *

' " ^

At preferred

business

itr

-

;

stock

activities.

stock
div.

(par $100)*

refunding ($1,068,-

Purpose;

Blyth
fie

etc* ($-1,431,555)* ''Price; $103 per
Offered, by Lehman: Brothers, Dallas Rupe

fic

Co.,

Inc.;

Co.

Walker

and

fic. Co.*^

■iyy yy'yx

Casualty

$5).

H.

G.

y f-y

50,000 shares of common stock
investment, in securitiea
Price, $14

Co.

Purpose,-

.

•'.YYY'

,.y

'Bond fic Goodwin,, Inc.. Y';...
M.)

Radford

..cumulative
share
'

wood

;

Y" Y:

'V.

f;:

of
div.

stock

stock

Go,
(par

15,000
$50).

of- predecessor.

Offered by R-auscher,

;

shares

Price,

4'/2%

of

Purpose,

finance

$52.50

Pierce^ fic Co.,

per
Inc.;

DallM Rupe-fic Son; Dallas-Union-Trust Co.; Dittmar fic
Co.;

}. "

and

Grocery

preferred

acquisition

'Pvi

9?* kyi

First

SouthwestXo.;

fic Co.,

Louis B. Henry; R. A. UnderInc.; Crummer fic Co., Inc. of Texas; William

N. Edwards fic Co.;,: Sanders fic Newsom,, and Schneider,
'"Bernet fic Hickman,. -.'■■■ :/;..yy,-i'
.■

7,750,006 TACA Airways, S.. A.
500,000 -shares of capital stock;
-;v ;i (par $5).
Purpose, payment of loans ($3,400,000), capital
t

r

shares

Mosle.

and

Moreiand;

Salomon

Bros.

A

f

expenditures ($4,350,000)*

Price, $15.50 per share.

Offered

:~Y'

:

Burn A

-

Y

;

Emerich A Co., Inc.; Dempsey A

Co., Inc.; Ames,

Co*; Emanuel;. Deetjen*, A Co*; :Van; Alstyne-,' Noel A Co.;
Bondr
Goodwin*.: Inc:; /-'BYCLx^CkiitojK- A-Co.;- Centra)

-

'

,

'

'

NationaL Corp.;. Courts A. Co.; Erancife L duPont fit Co.;
First Colony, Corp^; M. M. Freeman A Co., Inc.; Newburger
""fit Hano; Sills, Mintonr A'.Chi, Inc.; Walston!, Hoffman A
Y Goodwin-; Wei) A Co:; Growney. A Co.; Hbrzfeld A Stern;
Y
: Y." :; Maidoza
If Salazar;
Sutro Bros? A Co.; E; W. Clucaa
!':-• -yL
A Co.; Blair. F. Clayhaugh A Co.; Ira Hauptrfic Co.; R. C.
'

>"

"'

v; "

'

.

Cov;, Wnt. & Merickat. A Co.;>and Donald Young

A

Jones
'

'

A Co.

'

.-

V

-..v >

Companies; toe: 46,056 shares of common stock
(par $2). Price*,. S12.25J per-share. Offered by Cruttenden
A Co.; Knappc. A Co.,. and: First Trust Co* of Lincoln, Neb.
1,500,006 Davidson* Bros, toe;; 100,000 shares ot-common stock (par
Y!"
'
uy '$1). Price, $15 per shareij Offered by* Merrill Lynch,
;
* 'v>yX „« pierce? Fenner.A Beane* and Baker, Slmonds A Co.* ^'r «
iV Y1'' "129,175 Decker Manufacturing Co,. 55,6-70 shares of oommon stock
(pat $t)i? Pricey$2-50 per uhare. Offeredi by Lytle A Co;
h
and C,. G-.' McDonald,fi» C®*
fa-*.t,<
Y
1.541,018 Revoo- A Raynoldo CO^Ylno. s 13,940? shares of class A
stock, (par $12;50fc.jEtice*'.$38,87per'share.
Originated
V'j. -, withi Shields. A :Qob .?.Y 6:- -yy • Y -v
' >>- -> «
21,000 (Hemr.y) Disston
Sorts, too, 30a sharw of capital stock.
( approximately) $70 per share. • .GRkred by Harri'Y'l':',:.,
Ripley. &> Cox, JnciY.;.*)/"?lYY'i j,
Y* 1,831,286 Firthr Carpet?,Co. 91,564 shares.ot coramow stock (no par).
Y
9:»-av.y™.Price*'$20. per sharer: Offered; by samo* bankers as offered
33,436 shares-being;'sold byr company '(see* above )7Y£YYf:Y
¥1
46,566 Fleetwoods Airflow, J Inc. 16,506 shares of common stock
-/.(Pft»t 50o;).:Pricey $3 pen. shard*.' Offeretfc by Amos Treat
I'.
fii :Co,; .Irving, J< Rice. A C0i| Weil' A Arnold and McAlister,1

r564?,113 Curtis

''

;

.

.

■

•

Smith-' A* COiflne-.

i,

w

--t.

■

; ,/

f548:597 (-Robert) - Gair. A Co.,-In&».50,969) shares of common stock
vY L-XYrYv (par $1). Price," $10.75 per. share*.. Originated by Kidder,
Peabody A Co. and Spencer Trask &r Co,
.
'*

1

>

.

''A

-

.

'

"255,000 GOnerat Machinery* Corp, 15,000 shaiea of common stbek
(i»o?.. par)v Pricej1 $1T per share:,-..Offered by! Blyth A Co.,

-

;V'i—L'''-"" Inci

:-?•
; »

•,

^

r''

236,762 General

V s*.;

.

-

*' "•'*
" i. v'*"
' '
•' * "
*
l-;
;TfelephOne-Co*r. 5;147" shares of common stock
Price, $46 per share1." Offered by Central

'*

$20).

(par

;•

Republic, Co. ?(Incr)-.

,

CC..D .O'.JI

•>

ys

f Y.6.72,000 Ilalley Stores, too: 64,000* shares* of common stock (par
YYV-v v V■:*'" $LL.-* Price?, $10.50 per share.- Offered",by Carl M. Loeb,
Rhoades
^
r
"

A Co..

<

'

*'.

*

"-'*'

i!

L670,500 Jay' Manufacturing Cav. 51,400 shares of common stock
(par $1V Price, .$32.50 per share-.
Offered by Hallgarten
-7.^^
fii, Co.; K. W.. Pressprich. A Co.; Blyth A Co., Inc.; Lehman
!y>y- ^^.::Brothers;' Mellon Securities Corp.; Smith, Barney A Co.;
■'.yyScy-yyi Shields A Co.; Paul. H. Davis, A Co,'; Singer, Deane A
Y*.:

■■y->A ScribnerCarl-M.
'■!

y'YYy: Stringfell'ow..

'

:*v

Loeb,. Rhoades
t

'■

A

Co.
-,Y

and
*.\

Scott

A

,'*-

Y".

A

297,000 Knott. Corp, 9,00a shares of common stock (par $1).
„,^;jr?-YV.:*- Price, $33 per. share.
Offered by Reynolds & Co.
.^.Y^
'<■«
:

.

325,000 L'Aiglore Apparel, Inc.:,50,000 shares- of common stock
(par $1). Price* $6.56 per share* Offered, by Otis A Co.

j

:

ggiM-iiJii|"|■»"

744,455

"

^

787,500 ( J.

Co.

891,000 Compania. Litografica De* La llabana S.-Ai* (Havana LitheY
graphing Co.) 162,006 shares:of. common stock (par 10c.)►
;Y"Y ' " Y-.'"" .Price, $5.50 :perr. share*./ Offered - by* same bankers aft
\Y- -Y offered: the: preffirretL stock (seei foregoing)i* *
^
* ■495,185 Compania Litografica De La Habana S. A". (Havana Litho''
*"'*
'.
graphing Cm)' 19:419s shares of 6% cumulative convertible
preferred stock (par $25).
Price? $25.50 per share.
Of'Y". Y v Y feredl by Hirsch A Co.;j Allen. A Co.?: Jacques Coe A Co.;

Geyer & Car. ■,

' -'

Electric

Caxtwright A Co.; Spencer Trask fir Co.; Tucker, Anthony
&
Co.;, Union Securities* Corp.Y Weeden & Co,,
Inc.;
Wheelock & Cummins; Inc.'and Yarnall A Co.
- .
■
Y '

r

600,000 Public Flyers, Inc. 200,000, shares of common stock (par
$1).
Purpose, pay notes, purchase-of flight equipment,
r,working capital, etc.-Price* $3 per share* .Offered by

fr

t

Shields fic Co.; Skall, Josehp and Mijler;, Smith,
Moore A CO. ;,'Stone & Webster Securities Corp:; Sweney

Y

.

per share*. Offered, for subscription, to stockholders., '.TJnsubscribed shares offered by Herrick, Waddell'fit CO. and

y-yy-'-y

Ohio

Southern

&

Lukensr Rotan,

5

bank, loans

■

-J

;

per

Hutzler;
?

First

Co.,

Purpose,

de-Saint-Phalle fic Co.,

700,000 Peerless

Jy

Price,

offered

Y-1

capital

and Barret, Fitch
.'ft ~
v,
t-'J
"
50,000 shares of 55c cumulative

$5).

(par

aDd

*

betterments,

'

*

...

Offered for subscription

shares

fic

increase

working, capital,

fic

yy

-

v;

retire

preferred

Offered

Douglass fic Co:
Co.,. Inc.; Pacific
Co. of California;
Maxwell, Marshall & Co.; Hill, Richards
fic Co,; Harbison &
Gregory; Bingham, Walter fic Hurry,
and Crowell, Weeden & Co.
j
420,000 Utility Appliance Corp*. 80,000 shares of common stock
William: R, Staats. Co.;. First. California

^

..

*

...

.

y .y-

share

-

sion,. working, capital".
Hemphill, Noyes fic CO,

..

••

• \

v

Purpose,

Brothers

445 Ir

60,000- shares of 4%^ cumulative constocle (par $50)*
Purpose, refunding
($1,418,340), oonstruction, acquisition; etc., ($1,581660)
Price, $51 per share and div. * Offered byv W. E. Huttori
Co.; Paul H. Davis fic Co.; Bacon, Whippel fit Co •

convertible

•;

common

••

Price, $100 per share- and div.: Offered by William P.
Harper fic Sba Co.
2,500,000 National Skyway Freight- Corp,
500*000' shares of comV-Y.
.
lnon Stock (par $1):.
Purpose, working capital.
Price,
$5 per* share-.
Offered by Bond fic. Goodwin; Inc.,AY'-""^:
2,500,000- Neitnan-Mavcua Co,, 25,000- shares- of 4y«% cumulative

Co.

ZjOOO.OOd United Waltpapeir Inc.

fc

of

-

..

.

.

■!

,

leans

dies, liga.
S18^8'* Offered by Sutxo fie Co*,, and: Vao,

Heihholdt

f;

shares

;

:-"-,.5

-

(par

per

w,-..yy-

i$3Q&,000-); purchase of
etc.,, workings capitai ($9QO,0flaH Price, $6 per

8,000,000 Trailmobile
r

200.000

reduce-bank

$10).

unsubscribed

150,000 Mutual Loan: Co.

dc Hickmaa and
y

(pair

Price, $22 per share.

Offered

Andre

•

.

.

stock

^'FYTcoimnoni* Offered'by;Butcher

stock

common

■

103,500 Mortgage Associates, Inc. 5,000 shares' of 5% cumulative
>; preferred/ stock (par $20r) and. 3,500' shares (Odf common
stock, (par, 10c.)
Purpose, working capital*
Price, $207
per.
unit- of 10; shares of preferred and ;7 shares
of

,c«A«n

Cot

Con¬

working
Loeb,

.

.

Aircraft

'

.

$12%

Cahn fit. Co.; Central Republic Co. (Inc.); Clark, Dodge
& Co.; Coffin fis Burr,'Inc.; Davenport, fia Co.; The First
Boston Cdtp.; Eli^t Southwest Co.; Harriman Ripley A
Co., Inc.; Hayden, Miller fic Co.; Hayden;) Stone fic Co.;
Hemphill", Noyes fie Co'.'; Henry Herrman & Co.; Hirsch A
CO.;-Hornblower fic Weeks; Investment Corp. of Norfolk;
Janney & Co.; John B. Joyce A Co;; Kay; Richards A
Co.; A. M. Kidder fic Co.; Kirkpatrick-Pettis Co.; Kuhn,
Loeb. fic Co.; Ladenburg,, Thalmann fic Co.; W. C. Langley
& cov; Lazard FTeres. fic Co.; Lee -Higginson Corp.; Mackall
&r. Coe;: Ma3on-Hagan, *Dic;; ^Maxwell;
Marshall & Co.;
McDonald fii Co.;, Merrill Lynch, Pierce, Fenner fic Beane;
Metropolitan: St. Louis Cos; The Milwaukee*:Co.j^Minsch,
Monell &
Co.; Moore, Leonard fic Lynch; Maynard H*
Murch 8t Co.; The-Ohio Company ; Paine; Webber, Jackson
& Curtis; Peters, Writer &• Chrlstensen*.-Iiio.;.-Quail A Co.;
Rauscher, Pierce fic Co.," Inc. y Robinson, Rohrbaugh A

t

($3,264,000); investment in
($1,936,000).
Price, $52 per share and - div.
Offered by Eastman, Dillon &, Co.; Hornblower fic Weeks;
W. C. Langley fis Co.; Lee Higginson Corp.; G« H. Walker
fic. Co.; H. M. Byllesby fit Co., Inc.; First, California- Co;; Nelson Douglass fit Co.; Riter fic Co.; Scherok, Richter fic
Co.; William. R. Staats- Co.;. Stroud fic Co., Inc.; Cohu fic
Torrey; The First Trust Co; of Lincoln, Neb.; Johnston,
Lemon fip Co.;, Baker, Watts, fic Co.; Butcher fie Sherrerd;
Stein Bros* fic. Bay.ce;.. Tho Ohio Co.;
Piper, Jaffray &
Hopwood; Bateman, Eichlet fic Co.'; Doolittle,:Schoellkopf
fic Co.; Pacific Northwest Co.; Bingham, Waiter fic Hurry;
Cltement A EVans fic Co., Inc:; Hallowell, Sulzberger fic Co.;
Johnson, Lane, Space and Co., Inc.;, Mason-Hagan, Inc.;

.

150,000: Southern

funds,

subsidiaries

tive convertible preferred stock (par $8). Purpose, capital
t
[ I t
expenditures, working capital, etc. Price; $10 per share.
Ay
&;C<Lw,Inc.; Hirsoh & Co.; Dempsey &
SiiA1?- Kidder; fe Co., E." w: Clucas &. Co.; Francis I.
wrM 'J ' ^S
& Co-r, Newburger-& Hano; Straus & Blosser;
^lESt' Securities Co.*.of Chicago;. MU Mi; Freeman & Co.,
gyyyyy- Br^payton Securities Corp.; courts & Co.; J. C. Bradfo«f & Cm, and Seligman-Lubetkiir & Co.
f
[. vL'V-

;

Price,

common
stock
(par $10).
Price, $53.50 per share.
Offered by Dillon, Read fic Co., Inc.; AlltsonrWilliam Co.;
A. C. Allyft and Co.", Inc.; Boettcher and Co.; Frank B.

Offered'by Carl M.

.

stock

Purpose,

*

&

4

Purpose,

Co.

fic

Fisheries;, Co.

of

Plan Corp. of America 100,000 shares of $2.25
dividend cumulative preferred stock
series A (par $1).

" Price,

i

-'

•

-

v

cumulative

$25).

(pac

and Edward D. Jones

$1).

(par

39,828,343 Columbus

5,200,000 Morris,

M.

Marache

»* '--

,

share.

ta stockholders.

by" Granbery;

•

general

fic;Co.* Die:, And CK* H. Walker:fit Co* '4^:

stock

common

purposes.

■«.:

Pierce, Fenner & Beane* •
'
>
4,675,000 Colorado Fuel & Iron Co. 275,000 shares of common stock
(no par).' Price, $17 per share.
Offered by Hirsch fic Co.

-

Price, $10 per share. Offered by Alex. Brown,
Hons;
Rauscher, Pierce fic Co., Inc., and G. H. Walker fie Co.
300,000 Mading Drug Stores Co.
40,000 shares of common stock
,..r3y,.:.:yy- (par $1).
Purpose, corporate purposes.
Price, $7.50 per

:

.121,000 Ross $l)c
Industries Corp,r:
:
(par

M".,.

M.

Purpose,

"v

•

and

stock

Corp.* Stern
Inc.

preferred
"

($600,000), additional
$8. per share.': Offered

Coi

cents).

250j000 Mading Drug Stores Co.

C.

>'

-

20

Price, $25 per share.

stockholders;

fic Co.,

by Stroud & Co., Inc.; E; H. Rollins
&,Sons, Inc.; Graham,
&
Co.;
Butcher & Sherrerd;
Yarnall & Co.;
Bucr & Co.; Inc.; Weeden dc CO.,
Inc4f QIbv«r &?Mac-

Freeman. & Cd.„ Inc;

k,

preferred

common

Boston.
w

Parsons
-'--f

(par

.

and surplus.

stock.

common

YY'-iY.'-i-Y-Y;-

;

17,200* shares of common
share*. Offered by Cohu
fig Tdrrey.
lSy;-y- > '
Y ;■>
1,610,000 Bendix Aviation Corp. 35,000 shares of common -stock
(par $5). Price,' $46 per-share.?; pffered by Merrill Lynch;

-

Offered by IT;:P,*. Frazee fit :Co;* InciC:
yy:.

,1

,

payment

Walker fis Co.
stock

2,10P;006 Kansas; City Fire & Marine. Insurance Co«. 50,000 sharea

Cjo.
15,000 shares of common
Purpose, working capital.
Price, $19
by The Wisconsin Co., and Braun,

Roberts.; & * Mander Corp, 175^000 shares of

•

»

•

*

«

Products

J,or^in^ funds ($800,000)'.

r

.

Offered

Monroe. & Cor

Purpose,

;

■

share.

'

t54,025,f AUantIc. Coa'8t

285,000 Island Air- Ferries,- Inc; 95,000 shares of common stock
;":,-'(par"$1):.? Purpose^ expansion* etc/: Price; $3:per-share.

>

stock, (par $10)i.:

.

'

v

'

Purpose, repayment.- of purchase money notes, reconversion cost, working capital, etc.
Price, $3 per share.
Offered by Commonwealth Investment Corp.

common

Co.Kennedy-Petersoiv' Inc.,. and Henry

.

•

-

720,000 Arkansas-Missouri Power Co* 40,000 shares of common
stock (par $5).
Price,- $18 per share.
Offered by G. H.

(no

$1).

? >■-'

to

Of

1946

-

y.

■

Offered

Brothers1 &*
:

Corp. v:^ 49,500,' shares

of

378,000 Holly Stores* Inc. 36,000 shares ot common stock
(par
;*>$1).
Purpose, .working capital. , Price*; $16.50 per share.
Offered by Carl; M*. Loeb;,JRhoades:fif. CO.
255,000 International Airlines, Inc. 85,006 common shares
(par

Purpose, working capitaLi",Price, $6 per
by Putnam. & Col*; Singer, Deane & Scribner; Buckley, Brothers; Butcher &
SherrercL; Cooley & Co.;
Brainard-Judd & Co.; Coburn & Middlebrook; Eddy

•

-

Cable

series

one share of:preferred and one share
Offered by Gillen fis Co»

Rhoades fitiCOi

working

Offered by Hayden,

(no: par).

share-.

dividend

Corp. 400,000 shares of compar).;
Purpose,, general funds.
Price,
Offered for subscription to common

stock

vertible

Corp.. 99,000 shares of common stock
(par-$l).. Purpose, purchase of mill.
Price, $3 per share.
Offered, by J. F.; Reilly & Co;,.Ihc.
.
;
&

Corp.

$3.25

Price, $5".per unit of

..

convertible

Materials.

'

-

ISSUES NOT1 REPRESENTING NEW" FINANCING

.

(par
Purpose; equipment;.etc„>Price, $3.per share. Offered
by George R. Cooley & Co., Inc.; Mohawk
Valley Investing
Co.,.; Inc., and Cohu &' Torrey.
"
"
•

297,000'Plastic* Whre

par.

York.;

$307,500 American European Securities Co.-.15,000. shares of com¬
mon
stock
(no
par).
Price, $20% per share.
Offered
by. Butcher fis Sherrerd.'; vYf j'S • :
r:'y.

and-The Wisconsin
; v-' -;
100,000 shares of cumu¬
;

800,060 Holly. Stores^Inc. 32,006.shares. of $%

$1).

"

stock

(no

of common.

-

297,000 Plastic

stock

common

$4).

capital.
Stone A Co.;
E.
H.,* Rollins
&
3ons
Inc.;. Graham, Parsons A Co.;
Auchincloss, Parker A Redpath; Johnston, Lemon & Co.;
4
W. ci Langley A Co.;-:: A. M. Kidder A
Co.;. Cohu & TorYYY
rey Francis L duPont A Co.; Courts &
Co,, and Pitman
& Co., Inc.
29.7,000 Plastic Insulator Co. 99,000 shares of common stock
share.

per

f

-

,

'

Prfce, $10.75

Price,
New

500,000 Dallas Title-& Guaranty Co. 25,000 shares of capital stock
"-■/ - . (Par $10). Purposo, expansion; etc. : Pric^,, $20 per share.
Offered for subscription to stockholders.
275,000 Emery Air Freight Corp. 55,000 shares of 25 cents con¬
vertible preferred
stock
(par $1)
and 55,000 shares of

The

0.90% s consolidated

Banks

Credit

1946, due March 1, 1947. Pur¬
($17,180,000), new money ($6,855,000).
Offered by Charles R. Dunn, fiscal agent*

dated June 3,

•

$12.50 per share.
stockholders.

capital.

shares

1

pose, • refunding

Purpose* corporate, purposes. Price, $i05 per share
and- dividend.
Offered by same> banker*, as offered the
$2O,00G;0O0 2(^%- debentures (see above).

mon

by

y1-.

y'-y : .iyyy

Intermediate

debentures,

-

5,000,000 Beneficial Industrial- Loan

Offered

per

Wertheim fic Co.,

•;

preferred

■*

1,500,000 Piper
-

share.
Underwritten

stockholders.

Co.;. Riley A Co.;

waukee Co*.

$15

>■

v

Purpose* to be used in company's opera¬

-Y5

$24,035,000 Federal

,

A

Price,'

.?

■

-

10,006 shares- o£ 4%- convertible preferred

Co.

&

FARM LOAN ANH GOVERNMENT AGENCY" ISSUES

.par).

;

■<

working'capital.

fis-Co.;
.

lative

of

A Co.; Henry C. Robinson
Co.; Pacific Northwest
Co., and. Walling, Lerchea A Co. "
812,500 Palmetex Corp. 250,000 shares of common stock (par $1).
Purpose; payment of loan, payment of royalties, purchase
f
J of
plant, etc. Price, $3.25 per share. Offerred by Floyd D.
YY"'*:Cerf Co;,, and; CobumA Mlddlebrpok.
392,460 Perfex Corp. 26,164; shares of common stock

for

Scribner;

Stix fic Co.;. Straus fic Blosser; Stroud
White, fifc.Co-.iv Wyatt,: N«al fic Waggoner antt

(par $50).

$44,494,064

MISCELLANEOUS

10,500,000 Beneficial Industrial Loan

Pur-

purchase

Loewi

Purpose,

Walker

co?.

"

($481,360),

Co.; Bateman, Eichler A
Co.; Chas. W; Scranton• A Co.;- Walston*,> Hoffman &
Goodwin; J. C. Bradford. A Co.; R. H, Johnson A Co.;
Johnson, Lane, Space & Co., Inc.; Kay, Richards & Co.;

>

{

.

Bacon, Whipple- fic Co.; A. G. Becker fic Co., Inc.;
fic Co;, Inc.; Harris, Hall fic Co.
(Inc.); Goldman,
Sachs fic Co.; I. M. Simon fic Co.; Stroud fifc Co., Inc.; G.

4(4%

of

Kay, Richards fic Co.; A. M.
Livingstone fic Co.; W. U

Co.;

Inc.;

working-capital, etc. ($768,640);
Price, $21
Offered by Reynolds & Co.; Alex. Brown &

Per share.

,

62,500

convertible

repayment

machinery,

I

Co.

and

tions.
Pripe, $50 per: share. Offered by. company direct
to. the. public.
•
,
.
—
60,064: Weeden &:Co, 1,501.6. shares of common stock (no parj.
Purpose, tp be used in company's, operations. Price, $46
per share.
Offered by;company direct to the public.

Blyth

■

Watch

&

Laird

YarnalL fi& Co>

.

„

Clock

fie. Co.;

500,000 Weeden

ing capital ($2,500,000).
Price; $104 per share and divi¬
dend.
Offered by Lehman Brothers; A.' CL. AUyn fis Co;,

Janarelt.

Haven

"

.

Price, $4 per share.
Offered by R. H. Johnson
Co.; Grimm & Co.;, R- M., Horner A Co., and O'Connell

1,250,000 New

Co.; Herrick, Waddell fic Co., Inc*; Hirsch fic Co.;
Labouisse, Friedrichs- and Co.; R. H. Johnson fic

'

Purpose, purchase and equip; building, working

capital.,
A
'

1
SHIPPING

.

Stein- Bros, fic Boyce;

$4,000,000 Alden's, Inc. 40,000 shares of 4(4% cumulative preferred
stock (par $100).
Purpose^ refundihgr($1,500,000), work¬

■

r.

and

fife CO;., Inc;;?

$1,021,801 American Mail Line, Ltd. 49,602 shares of common stock
(no par).
Purpose, working capitals. Price, $20.60 per
share?
Offered 'for subscription ta common ^stockholders.
Underwritten by Blyth fic Co.,
Inc.; Pacific Northwest
Company,, and- Atkinson, Jones fis Co*
; ;

<

(Par $D •

'

,

fic Co.; Francis L .duPont fic co.,
Sons;
Equitame
Securities .C8EI)•,

Sears

Edwards

Bogan Co-,;. I. M. Simon fic Co,; Singer, Deane fic

.

Dillon, Read A Co., Inc.;
Kuhn, Loeb A Co.; Morgan Stanley & Cot, and Piper,
Jaffray A Hopwood; - 'Y: Y>;»'"' / ■■■' ':1 '■ ■">*■:■ Y Y
235,300 Motorette Corp; 23,530 shares of common stock.
Purpose,
working capital, etc.
Price? $10 per share.
Offered to
Y:
public by.company*
y
;
■
288,000 Monroe Gasket & Mfg.; Co*;,72,006 shares of: capital stock
;

"

Draper,

G.

straw, Beta fic: CO.; Reinholdt fic Gardner; Scherck, Richter
Co.;;, Schoellkopf,
Hutton
fic Pomeroy-,
Inc.;
Sheridan,

Stifel,

,

Bear, Stearns & Co.

& co.,

Nelson

Lyona fis Co*; Laurence M. Marks fic Co. ; Maxwell, Marshall
fic Co,; Gordon Meeks fie Co.; Milhous, Martin-fic McKnight*
Inc.;
The- Milwaukee. Co.;. Moore,? LeonardYfic
Lynchi
Nashville
Securities
Co.;
Pacific
Northwest Co.; Rake-

etc:
Price; $13 per share.
Offered to- stockholders of
predecessor.
Unsubscribed' sharea underwritten by same
banks as offered the preferred'stock:, (see foregoing).

-

Co.;

Kidder

and

Co. (Del.) 31,110 shares of
Purpose, plant enlargement,

Rubber

Dempsey-Tegeler fic Co.;

Co.;

Co:; Johnston, Lemon fic Co.;

Purpose,

share

per

fic

House^ ^v

fic' Co;i%Curtiss,

CO:, lhc.)'-Fieldv> Richards1 & C°.,
The First Cleveland Corp.; Garrett-Bromfield fic Co.; W.
D.
Gradison
fic
Co-.; Graham,
Parsons fie Co.; Grubbs,

Nicolaus fic Co., Inc.,

Price, $25 per share.
Offered by Granbery, Maracne A
Lord, and Bear, Stearns A Co.
;Y:yy---'-v*
75,000: (F». H.) McGraw- & Co. 100,000 shares of common stock
(par 10 cents).
Purpose, working capital.: Price, 75 cents
per share.
Offered byGranbery*Marache :ALord;and
't/' V,:

Torrdy;^ Courts

Howard

preferred

cumulative

Co.;

,,

,

dividend

working

fic

A.

dividend.
Offered by Shields fit Co.;, Newhard, Cook &
Co.;-Hemphill, Noyes & Co.; Hornblower fis Weeks; Bacon,
Whipple fic Co.; Cruttenden fis Co.; McDonald fic Co.;
Walston, Hoffman & Goodwin; Boettcher and Company;
J- C. Bradford fis Co.; Hill Brothers;
Wm. C. Roney fic

Purpose,

indebtedness

($270,000).

subscription

shares underwritten
Collen, Norton A Co.

McGraw

preferred

■

working

Offered

4 V2 %

and

Brown,

Co.; Brooke, Stokes fie Co.; A:ex, Browp & Sons;
fic Johnson; Buckley Brothers;
Burnham

Scott fic

shares

D.

fic

^

(Del.) 40,000
stock
(par $50).
Co.

Stearns

George

Clbment At :EVana &

RUBBER

Reclaiming

Rubber

M. Bass fic Co.;.Baum, Bernheimer
& Co.; Blair fic Co., Inc.; Boettcher
B. Bonbright fic Cq.; J, C. Bradford

Jack

Co.;

Co.;

Bennett

LAND, BUILDINGS, ETC.
Development Corp. o0,ouu shares of convertible
stock
(par
$5).
Purpose,
corporate
purposes.

enlargement

Corp. 75,000" shares of common
bank
loans
($705,000),. discharge

pay
.

A

$2,000;000 Midwest

•

1,125,000 Lynch

yf

Hano,

&

fic

1

y

fic

Bear,

Co.;
and

,

Price, 85.50 per share.
Offered by Otis fii Co. -v.;;
260,000 Liebert & Obert 40,000 shares of common stock (par $1).
Purpose,
purchase
of
brewery
equipment, . etc..
Price,

Kobbe,

(par

Price,. $5.75 per share. Offered by- Thornton fis Co. and,
Bennett, Spanier fis Co.„ Inc,

-

etc.

$6.50 per

stock

D'Antoni

.

-

Leary

-vr--

-

capital

or

Cohu

i

,/•

snares

Purpose,
acquisition and development of mineral
interests.
Price, $5 per share.
Offered, by Arthur G.

YYYvY': $1 per share.
Offered by Carr & Co.
*■ " '•
, I
750,000 Jefferson-Travis Corp; 30,000 shares of $1.25 cumulative
convertible; preferred
stock
(no
par).
Purpose,
repay¬
ment of bank loan (8400,000), working capital ($350,000).
■Y
"
Price. $25: oer share.
Offered by Richard-. J. Buck, & Co.
520,000 L'AigJon Apparel, Inc. 80,000 shares of common stock
:
(par $1).,
Purpose,, purchase of machinery, equipment,

'

59,2*0

Inc.

$5).

Price,

,

stockholders.;

Offered .for subscrition- to

share.

per

fic

.

,

110,000

Inc.

Purpose,

$3

.

'

1946

by Hallgarten fic Co;j G. H. Walker fie Co.; E. W. Clark
Cor, Adams fic-Peck; Amott; Baker fic Co.; -Inc.; Auchin¬
closs, Parker fic Redpath; Bail, Burge fic Kraus; Barrow,

'

$231,000 Maracaibo Oil Exploration Corp* 66,000 shares of capital
stock*
PUrpose, development.
Price* $J.5D per snare.
.

stock

common

Price,

capital.

Offered by Hoit, Rose & Troster..

■

0IL

i'

Corp. 99,000 shares, of

Purpose,

tirement of loans,

;y"'-y'

w;

Bros,, Inc.

297,000 Industrial

Monday, July 8,

t*YC;>

.

Y>
hi
/Mi

.Volume 164•

Liebert &

620,00$

THE COMMERCIAL & FINANCIAL CHRONICLE

Number- 450S

& Hano
and Kobbe, Gearhart & Co,. •'
•
•
■
•>', 125,000 shares of
1,875,000 Longines-Wittnauer; Watch Co^," Inc.
ts'Uit;; common stocks k par1 $1); Price, $15 per share.
Offered by
Paul H.t Davis & Co;; A. C.'Allyn & Co., Inc.; Emanuel,
:
Deetjen 8c Co.;,Bateman, Eichler & Co.; Cchu & Torrejr;
if,"' •' "v : A. G. Edwa'rds & Sons;. Johnston; Lemon & Co.; Kalman
C6;; Inc.) Riter & Co.; E.j Hi Rollins .& Sohs Inc. and
$6.50'. per

Price;

Oifereh

share;

Corp.; W. C. Langley 8t Co.; Bear, Stearns & Co.;
Painey Webber,, Jackson & Curtis; Alex-."'Brown & Sons;
Salomon Bros;' & Hutzler and Riter & ■'■Co.''"

by Newburger
..

i"

„

.

"

■

r

*

Pros.3 &> Boyce. ;
>
i
/v
8-951,250 Mercantile Stores\ Co., Inc. 271,250' shares , of
stock' (no par).
Price; $33 per: share. Offered

870/320 'Roberts &
(par$l)i

;" ;

.

Stein

!

commoh
by Clark,*

■

v

r

;.

stock

c.

(par

Curtiss, -House' Acs Co.)1 First off Michigan Corp.; J, J. B.
Hilliard & Son; Kalman & Co., Inc.; A. E.*Masten-& Co.;

E.

Corp.-14,00$ shares of -common- stofck'
(par $5).- Price, $24 per share.
Originated with-Horn-;
blower & Weeks and Paine, Webber, Jackson & Curtis.

Owens-Iliinei^

Glass Co.

&

&

Co.;
Co.;

Co.;

Richard

W.

Dempsey-Teg&ler
Eikins; Morris &

Clarke

&

Co.;

Co.;

Corp.;

y'

&

Sheridan,

Bogan

,

7,788,000 Pacific Gar &* Electric1 Co; 17f,6oO > shares of common
stock (par $25)., Price, $44 per share.
Offered by The
first Boston'corp.*;, Goldman,.$ffebfc■'& CO,; Union-Secur*-

Loeb;
j

(New Jersey)

,

2001000-shares of capital

pre*

.t

Co.; August Lorenz; Prescott & Co.; The First Cleveland
and Kuhn,.Loeb & Co.-•; -.,
-.r
:

Beane;, Shields'
&-

<**'

Curtiss,

&
Co.; Ball,
Burge* 8v Kraus; Paul H.1
& Weeks; Laurence M. Mark®.
Webber; Jackson & Curtis; Riter'& Co.??

£}*:;>'?'• Davis & Co.;, Hornblower

.;,

Co.;

Paine;

Dean'

'S'

Witter & Co.;
Hayden, Miller & Co.; McDonald-Moore & Co.; Merrill, Turben & Co.; Piper, Jaffray &&'
Hopwood; The Milwaukee Co.;
G.
H.
Walker 8c
Co.}"

V-

of

V V:

:-v.Kirkpatrick-Pettls

Co.; The Ohio Co.; George D, B. Bon—
bright & Co.; Curtiss, House & Co.; Doolittle,
Schoellkopf
& Co."; Fahey, Clark &
Co.;'Field, Richards & Co.; August
Borenz; Prescott;& Co,; The First Cleveland Corp.;
Moore,',
./•'Leonard & Lynch and Kuhn, Loeb & Co.
•. <
190,000 Weyerhaeuser Timber-Co. 2,500 shares of commoh stoolC?:

v:■

.

(no

par)>. Price; $76

^•^'"v'r/.Jne.

per'share.

Offered by Blyth

"-4*g:--

-

t294,000 Weyerhaeuser" Timber

Co.

4,000 shares

of

8t Co.,

'v:

\
stbciff'

common

(no par),

Price, $73Vz per share, Originated with Tucker®,.
Anthony & CO. and Estabrook & Co.

Co.;

'
'

"

1

J

$139,002,825'

&

C6.; Union Securities Cbrp.; West'ncimer and Co.) Dean
Witter s Co. and Wurts, Dalles & co> >
r„

State and

Co.

.

;

Sills, Minton & Co., Inc.;
J. W; Sparks &
Co.; Starkweather & Co.; Stone & Web¬
ster-Securities Corp.;'Stroud & Co., Inc.; Spencer Trask
.

Kuhn,

y.'1.

Oil

*

(no

* '

Co.j-'Kuhn, Loeb & Co.; Laird, Bissell & Meeds; Lazard
&• Co.;
Lee Higginson Corp.; Lehman' Brothers;

Co.;

stock

(t':, g||| Blyth & Co., Inc.; Harriman Ripley - 8c Co., Inc.; Smith,
Cf ': Barhey & CO.; Union Securities;. Corp..;;Eastman, Dillon;
'
& Co,« Hemphill, Noyes & Co:; Kidder, Peabody & Co;?,
'j-" .'
Lee Higginson! Corp.; Merrill Lynch, Pierce, Fenner 8c

stofck

M. Loeb, Rhoades- & Co.;:
McJunkin, Patton & Co.;
Metropolitan St* Louis Co.; Moore, Leonard & Lynch;
W; H. Newbold's Son & Co.; Prescott &
Co.; E. H. Rollins
& Sons,
Inc.;; L'. F. Rothschild'Co.; Schmidt,, Poole

stock

by

4,435,560-Thomas Steel Co. 246,420 shares of common stock (pal*
iil
$1). .Price, $18 per share. Offered by McDonald &
Co.;,

Dixoh

First

) \

common

stock (par" $100);
Price,: 103 per share and dlv.
Offfered by McDonald & Co;,' Ball,
Burge 8t Kraus; Hayden,
Merrill,. Turben & Co.; The Ohio Company;,"
Curtiss, House &t Co.; Fahey, Clark & Co.; Field, Richards
&

share.r Offered

per

of

Offered

Corp.

Shares' of - class*. A
share. Offered by Blyth

Freres

Kidder;

$12.50). Price, $95 per share. ■ * Offered by
Peabody & Co', and CoLins; Norton & Co. ,
;
(par

$22.50

shares

share:

per

.

,

Miller & Co.;

.v

C

Carl

Offered by Blyth & Co;,

85,908 sharfes of' commbn

Clark
&

&

stock

Inc.

8,161.260

Price,

150,000

819%-"

'

ferred

f«'

j

12,000
per

Corp.

PrIce'

'J

'

■

CO.

-

■

■

•

-

Oil

sttrck (par $25). Price, $77 per share-. Offered by Dillon.
Read &
Ofr Inc.
...
■
j 1,642,800 Thomas sffeel'Co. 16,428 shares of 4»A% cumulative

&
Co.;
Michigan
Corp.; Glover .& MacGregor, Inc.; Goldman, Sachs & Co.;
Graham,-Parsons-& Co.; Granbery, M&rache & Lord;
Harriman Ripley
&
Co.,t:-Inc.; Hayden,
Stone- & Co.;
Janney & Co.; Kay, Richards & Co:; Kebbon; McCormick

National-Aviation

(pay $4); Price,.$72Vfc per share.

W.

Drexel

& Co.;

7,655 shares of common

$5):

House

Mathey &i Co.; McDonald & Co.; W. H. Newbold's
Newhard, Cook & Co.; Pacific. Northwest Co.;
Stern Brothers & Co. and Kuhn/ Loeb &'Co,
A.

National * Oil' Products* CO".

Price, $29'/4

8t

■

by Mellon
Securities Corp.; Smith, Barney &
Co.; Barret, Fitch &
Co.; A: G. Becker & Co., Inc.; Bioren & Co.; Blyth &
Co.,
Inc.). Boenmng & Co.; J. H. Brooks" &t Co.; ;Alex. Brown
& Sons; H. M.
.Byllesby - and ,Co.^. Inc.; Chaplin & Co:;

teii-.

Hall •&
Co. Inc.; The Wisconsin Co.^ Blddie,'
Wheleir & Co.;' Bosworth,. Chanute,
Lo.ughridge & Co.;

554,987

(par $1).

,

\.■

;f

,

v

Harris;

t336,p0O

Service4 Co.

\

•'

15,400,000 Standard

common stock

Offered

y
St Co.,* Inc., and William A. Fuller & Co,
27,315,000 Bcruiitow^ ElectricC<>; l',2l4,:006^'^shkres^' of 'Comihott *

y;

.

V-

Public

'

Pierce, Fenrier & Beane; White, Weld &■ Co.;t
Weeks ^Harden; Dominick & Dominick; W. E..
Hutton &
Co.;? Dean Witter & Co.;- Hailgarten & Co.;
Hornblower & Weeks; Paine, Webber, Jackson
Curtis;
R ' S.< Dickson ;&t
Co.;.ino.; Equitable Securities Corp.;

L.

108,790' shares. of
share-.

!.s;■u.iV"vy ':.

303,000'St, Ion!»

Baker,-

Son

per

Corp.i 9,Q00' shares^ of common stock (par
Price, $11'per share: Offered by Granbery, Marache

$1):

-

Co.; Biyth & Co.;

Lynch,

.

f

v

Corp*.

;.jJ

2,943,750 Sinclair
par)'

99,000 Rosa Industries

,

Incl; Harriman Ripley & Co.,
Inc.; Kidder; Peabody & Co.; Smith, Barney & Co.; Stone*
& Webster Securities Corp.; Lee Higginson Corp.; Merrill

Dodge &

•'.V

i
'

■

Mandcr

Price, $8

tv

by Stroud & Co.,
Ihc.; EJ H,' Rollins & Sons, Inc.; Graham, Parsons & Co.;
Butcher & Sherrerd; Yarnall & Co.; Burr 8c Co.,. Inc.;
WeetiefV8t Co., Inc.; Glover & MacGregor,
Inc.; Courts
,& CO.;-Janney
Co/ and'M. M; Freeman &*Co., Inc.'

I;

I

19^
•V"

'if' itles

♦

80,000 sham of common stock (par1 $1):

Obeft

-

'

■

1

'

.

#Indioate

issues'placed privately.'
tIndicate special offering.;

:■

City Department

BOND PROPOSALS AND NEGOTIATIONS
ify not to exceed three interest
y;.;: •
ARIZONA
^
rates for such issue. Principal'and
Maricopa County, Phoenix, Union interest
payable at the City Treas¬
High School District (P® O.
urer's- office, or at the Bankers
:
Phoenix),"Ariz*
Trust Co.. New York., These shall
; Bond Sale—The $l,750,000 im¬
be furnished to the purchaser, at
provement coupon bonds offered or prior to the date of
delivery of
forisale on July 1—v. 163) p. 3334
the bonds, the opinion of Ray L.
—^were
awarded to a syndicate
.

-

composed of.JohiT Nuveen & Co.,
Paine, Webber, Jackson & Curtis,

fth of Chicago, Stranahan,Barcus,
Harris
Ccr., Inc., of Toledo,
Klitidred M

C^ildsr&*€o;)

Both of Chicago, Ryan, Sutherland
& Co., of Toledo; Refsnes, Ely,
Beck' & Co., of Phoenix, Weeden

&

Co;, of San- FraiiciSco, G< H.

Walker &

Co., of St. Louis, MoDonald-Moore & Co., of Detroit,
.

Soden-Zahher

Co*; of Kansas City,

and"KennetH; A.- Ellis":&• Co.) of
Phoenix, at? a price^{of >lO0i0I89; a
interest

net
as

cost of about

1.62%,

follows: For $220*000 maturing

July 1, $35,000 in 1949 and 1950,

$50,000; int 1951

to -1953;

Is,

as

$150,000 maturing $50,000 July 1,
1954:10 1956, as VAs}^ $300,000 ma¬

turing July *1, $75,000 in 1957 and
1958, • $150,000 in 1959, as l%s,
$600,000 maturing $150,000 July 1,
1960 to 1963, as iy2s* and~$480,000
maturing July 1, $150,000 in-1964,$160,000 in 1965, and-$170,000 in
1966; as 1.60s. Dated July 1, 1946.
Denomination $1,000; Interest payable J-J.'AIl 'pf saidf boftds; will
bear interest to total 2%%, fromJ
date of .said bonds to* Jan; 1,
:
'

1948:'1yy;:V•-::
J
'f
)
t
'

i

Mohave
vj /'

-V

:

.

v

County (P, \Ol Kingman),

r:--V-:dAriz.,

M:

Yj,

Bond Offering .**?>. William; Tc;
Bfooks,; State T-reasurpr, has, an¬
nounced that> sealed ; bids wil- be
received until? 2 pm. on. July: 22
by the State Loan Commission, at
Bis office in the Capitol; Building,
at Pheonix, Ariz., for the purchase
Of $67,000 refunding bonds, not
exceeding 2% interest, on'behalf
of the/ County^ The : approving
opinion of Gust, Rosenfeld, DivelBesSj; r Rbbinette^ ■->
Linton,^ ;of
Phoenix, will ;berfurnished? and all
.

be ^unconditional^:

bids nnist
;

*:

Pin<rt: County; Elroy. Schi pisi.
(Pi Oi'Florente); Ariz; •
;
Bonds Sold — An,issue,of $97,000 building bonds, has been pur¬
chased by Kenneth A. Ellis & Co.,
>

No. 11

df

Phoenix,

as

2VzS;

^

-«

CALIFORNIA
.

.

Los

Angeles,,Calih

proceedings ior: the r issuance of
•said bonds will be submitted for

[approval* td O'Melveny & Myers,
;of Los Angeles, and the opinion of
jsaid^attPrneys wilt ber ■;$ufnished •
tb the sUccessful^^bidder
withopt
charge..' All bids must be
jditional. Enclose

a

uncpn-^
certified check

ifpt 3 % of- the .bonds bid forT?payPalo- Verde Irrigation Dist.

\' Blythe);-Calif-.

(Pi O.

%'$&£'■;

t

were awarded to a syndicate
posed of Miller, Kenower

jof St. .Paul*? TrippCO., oLNew
and Lyons? -&?1 ;Shafto; of

iBoston,V at ^:pric^bt>lQ0.2336?? a
jnet interest cost of about 2,531'% * •
follows:^ For

$160,000 maturing
July 1, $25,000-ini 1947-and 1948,-

3s, and $540,000 maturing July 4,
$29,000 in 1953, $30,000 in 1954;
$31,000 in 1955;, $32,000'in 1956;
$33,000 in 1957, $34,000 in 1958,

$39,000 in 1963, * $40,000 in 1964,
'

July 1, 1946.

terest payable J-J. The next

Offering

Walter

C.

purchase of $10,000,000
sewage treatment plant bonds, not
exceeding 2J/2% interest.- Dated
Aug. 1, 1946. Denom. $1,000. These
bonds are " due" $500,000 Aug.' 1,
1947 to 1966.

Proposals

may spec¬




.

est

Co.,

bidder

and

Denom; $1,000.' In¬

was

John

:

high¬

Nuveen

&

Associates, for $457,000

3s, and $243,000 21/2s,
of 100.041;

at a: price
"

July 17.

-

-

V'^v>.

,

—

Clerk

—

L. F.

La

!

~J'A\.

An issue of

of Louisville. Dated

sale

on

July 1, 1946..

Denomination $1,000. These bondsare due $10,000 April
1, from 194&
to 1955..

,

r

.

r,

-

iV

'

:;.VM

MAINE

*
,

!-::v
v*"

c-;

Augusta; Me.'

J:\

J
Bond Sale— The $65,000 sewer;

•

Harpe, III.

equipment' and parking lot cou-;
An
$100,000 4% water works pon • bonds - offered for sale on*
July 2, were awarded to Harriman'
bonds- is being t offered
for sale by tho Channen Securities Ripley & Co., Inc., as Is, at a price
Co., of Chicago.^ Dated April 1, of 100.047; a basis of about 0.99%.
1946; Denomination $1,000. These Dated July 1, 1946. Denomination^
$1,000. These bonds are due July
bonds are due on April 1, as fol¬
lows; $1,000 In 1950: ta 1959, $2,000 1; from 1947 to 1956. Interest pay¬
Bonds Publicly Offered

—

issue of

in i960- to • 1969, $3,000' in^ 1970'* to
1974,. $4,000 in 1975 to, 1979, and$5,000r in* 1980 -tn 1986/' Principal:
and interest payable
can

at the AmeriNational Bank, Chicago. Le¬

gality/approved'. by Chapman &

Cutler, of Chicago.
INDIANA
Pmrtbr'

Indiana

•

/BbndL^ Salie ^THe* $l95i000^hos^:
pital

bonds

July l

—

awarded

offered; for

v.

ttf

163; p. 3335

able J—J»?
I

sale
—

the* Northern

on

were'

Trust

Co., of Chicago, and the Indiana¬
polis Bond ; & Share C6rp^ joiritl^;
as
l%s, at a price of 101.01, a

Fall River, Mass.
Bond Sale-^The $250,000 public^
improvement bonds offered for
sale^on July 2, were awarded to*
Paine, Webber, Jackson & Curtis;

!

& Co., both*
Boston;* jointly, as l%s, at .ac
price of 100.92, a basis of aboufcr
of

1.08%. Dated June 1, 1946. Denom.-;
$1,000. These bonds are due $25,000 from June 1,/ 1947r te 1956,1
inclusive; Interest payable J-IXSecond best
100.68

•,

KANSAS

^furidii^^pndS»

bid was

an

offer ot

for* iyis,

tendered jointly"
by Harriman Ripley & Co.; Inct,"
and

Chace/ Whiteside & Warren. J
.

July :l;:i94T'tO 1966, Interest pay¬
able J-J.

•' >i>'-

i'-.T

»

MASSACHUSETTS

and Robert Hawkins

County (Pt Oi~ Valparaiso);

,

$16,500:

for

163,

p. 3465—were"
awarded to the Bankers Bond Co.,?

1, ? 1946.. Denomination
$1,000.
These bonds are due $5,000 from ■

Mitchell,"

offered

June? * 25—V;

revenue**

will'-receive sealed
bids'untilvJuly 16; for thev pur¬
chase-of

bonds

,

of

WalJen, Colo.
Town

and

1946

Illinois
f".

(P. O. Somerset)$
Kentucky
■■ ■; i
$80,000 l-2y2%
bridge 1 refunding of

Bond Sale—The

road

basis of about 1.15 %, Dated July

Bond Offering

KENTUCKY

County (P. O. Greenville),

•'v

Karisa^

Pulaski County
i

purchased; subject4o 4he: election
to be held on Aug: 24, by
Barcus;
Kindred & Co., of
Chicago; and
the White-Phillips Co., of Daven¬
port;? jointly.
.
.

COLORADO

MICHIGAN

Tawas,Mich.
Bond Offering—Albert: IL

City

Clerk,

will

receive- sealed-

bids until 7 p.m; on

July 8 for th$!

Wyandotte' County'(Pi O. Kansas purchase of $28,000 general obli'--

gation water and- sewer extension=
bonds, not exceeding 3% interests
Dated April 1, 1946. Denom. $1,Delaware (State of)
$110,000/ general?
improvement,
000. These bonds are due $1,000.
;
Bond Sale^-The following pub¬ bonds was purchased on June 24
by r. the City Nationab Banki &: April I,. 1948 to 1975.: Rate of iri-*
lic improvement bonds of 1946 of¬
terest tp be in multiples of Vi oft
fered for sale on July 1—v. 163, p. Trust Co;, and Baum, Bernheimer
1%. Principal and interest
pay-^
3464—were awarded to Francis I. Co.,; both of Kansas City,; jointly,
able at the City Treasurer's
of^"
du Pont. & Co., of New York, as at a price of 100.05, a net interest
fice.
Bids shall be conditioned:
cost of 1.0347%, as follows: For
%s, at a -price of 100.04,- a basis
$44,000 maturing. $11,000 July * 1, upon the unqualified opinion;off;
of about 0.74%:
1947 to 1950, as iy4s, and $66,000
Miller, Canfield, Paddock & Stone,^
$100,000 Henrik J. Krebs School
1
District No,: 2i: bonds.. Due maturing $11,000 July 1,;. 1951 to of Detroit, approving the legality
1956, as Is. Dated July 1, 1946. De¬
;
$10,000 from July 1,, 1947- to
of the-bonds. " The cost of such?
nomination $1,000 Principal and
;
' 1956, incl,
;;;.r interest
payable at the
State opinion shall:be*paid by the City..
.60,000 v Rose fi Hill - Minquadale Treasurer's office. Said bonds in The
City shall pay thb; cost off
School District No. 47 bonds.
the opinion of counsel, constitute
printing the bonds. Enclose a cer¬
..Due $6,000 from July 1, 1947legal- and valid obligations of the
j ^ "to 1956, incl;" •'
" "4*:.v County,, payable, from:, unlimited tified check for 5% of the-par
Dated July 1, 1946/Denomina¬ ad valorem taxes.
Legality ap¬ value of the bonds, payable, to the*
tion $1,000. Interest payable J-J. proved by
Stinson, Mag, Thom¬ City Treasurer.
*
City),: Kan.

DEULWARB

Bonds PiirchaSed*"—An issue of

.

-

17 for the

d

on

Bonds Purchased

,

in 4949, $27,000 in 1950,,
$28,000 in 1951, $29,000 in 1952, as

issue of

$250,000 hospital bonds has been

•

Cor,

jYork,

as

(

com¬

Angeles;. Juran- & Moody,

An

—

ILLINOIS
Bond

y

!pf;Detroitn Thomas* Kemp:^ Cbi,
of Los

be held

(P. O*. Visalia), Calif,
Bond Offering—Gladys Stewart,
County Clerk;; will receive sealed;
bids- until 1Q a.m. on J uly 9; for
the; purchase of ,$350,000 i school
bonds, to bear not exceeding 5%
interest.; Dated July 1, 1946. De¬
nomination
$1,000: These bonds
are due July 1, as follows: $2,000'
in v 1947 to " 1963; and $10,000 in:
1964. Principal and interest pay¬
able at the
County Treasurer's.

Election

ted to the voters at" an election to

until 10.30

BoM Kalb-i-The( $70bj)00' ibui-tli
'the' Chairman of > the. Board
;isstie; refunding bonds, offered! for
sale on J line) .28L-v; 164 p. 57— Supervisors, is required.

sealed bids until 10 a.m. on July

n

Bond

$302,000 bond^ will fee: resubmit¬

r r office. A certified check for 5%
of the bonds bid for, payable to

$41,000 in- 1965j :.$42,00(h ihr i960,
arid $43,000 in 1967* as 2Dated

Bb

— J o s ep h
E.
Spink, Secretary of the Board of
Directors, will; receive sealed bids

McEvers-■&: Ifizzell^^ of

son

City.

Hapeville; Ga;

Bond' Offering

„

ablei to the-County Treasurer.

Peterson, City Clerk, wilt receive

^

GEORGIA

(P* Oiy Sacramento); Calif.

ther County Treasuier'sbfficelThe

$35,000 4n, 1959, i $36,000 in 1960,
$37,000 in 1961, $38,000 in 1962,

^

y.

a.m. on July
11, for the
purchase of $10,500,000 series D,
power of 1938, coupon or regis¬
Chesebrot City • Attorney, and, of tered bonds, to bear not exceeding
O'Melveny & Myers, of Los An¬ 5% interest. Dated
April 1, 1938;
geles, approving the legality of Denomination
$1,000. These bonds
the. issue;
Payment for, and de¬ are due
Aug. 1, as follows: $169,livery of, the bonds shall be made 000 in
1950,
$177,000 in 1951,
at the City Treasurer's office. En¬
$186,000 in 1952, $196,000 in 1953,
close a certified check for $200,000,
$205,000 ih' 1054' and 4955; $2l-l>'
payable to the City.
000
in
1956, $222,000 in 1957,
Orange County, Westminsterv $233,000 in 1958, $245,000 in 1959,
$252,000 in 1960, $264,000 in 1961,
i
Sch. Dist, (P. O. Santa Ana)i
$273,000 in 1962, $286,000 in 1963,
$301,000 in 1964, $315,000 in 1965,
Bond
Offering—B.
J.
Smith,
$321,000 in 1966/ $337,000 in 1967,
iCounty Clerk; will^ receive^ sealed
$404,000 in 1968r $421,000 in 1969,
bids until 11
July tyiicfr
$434,000 in 1970, $453,000 in 1971,
the vpurchaser pf $80*000 school
$472,000 in 1972, $492,000 in 1973,
bonds, to bear not exceeding 5%
$513,000 in" 1974, $535,000 in 1975,
interest. Dated July 1, 1946. De¬
$558,000 in 1976, $582,000 in 1977,
nomination
$1,000.
Due
$4,000
$606,000 iu 1978,; and $632,000: im
July 1,: 1947 to 1966.
Bidders to
19797
:
•name a • single ■ rate
of interest
Principal' and interest payable- at
Tulare County, Viscdia Sch; Dist

$26,000

i

Sacramento Municipal Utility Dist.

..

r

^

194

THE COMMERCIAL & FINANCIAL CHRONICLE

MIWNE30TA:;K||j|||

•

Jackson County,
4

No, 7 (P.O. Winnebago), /

-

...V;

■

Minn.

,

-:-44

■

Bond Offering — O. W. Styve,
District Clerk, will receive sealed
bids until 8 p.m. on July 11, for
the purchase

of $178,000 building

coupon bonds. Dated July 1, 1946.
These bonds are due on J an. 1,

Bidders shall

from 1948 to 1969,

state the interest rate

or

rates in

multiples of Ya or l/10th of 1%.

and, interest

Principal
made

bank

payable

at

trust office

or

ment

located in

Paul,

or

establish¬

or

Minneapolis,

St.

Chicago, designated

by

the successful bidder.
will be

will be
suitable

any

The bonds

registerable aS to principal

only.
The District will furnish
the printed and executed bonds
and approving legal
opinion of
Dorsey, Colman, Barker,; Scott
& Barber, of Minneapolis, both
Without cost to the purchaser, and
delivery .will be made at a bank
in Minneapolis within 30 days
aften acceptance of bid.
A cer¬
tified check for $3,560, payable to

the District

Treasurer, is required

With bid.

Mowerf County Consolidated
Sch, Dist. No. 69 (P. O.
Elkton), Minn.

:';<V
r

163,
to

p.

p.m. on July 11, for the purchase
of $22,500
school bonds.
Dated

Aug.

1, 1946. Denom. $1,000, one
Due Aug. 1, as follows:

for $500.

$2,000 in 1947 to 1956, and $2,500
in 1957.

Bidders to

of interest

1%.

the rate

multiple of Ya of

a

Principal and interest pay¬

able at

The

■

in

name

3465—-were awarded
State Bank, of

2s. # Dated June 28,
1946. Denom. $1,000. These bonds
are due $5,000 on June 28 in 1948
to 1950. Interest payable J-D.
as

to the Board of
Lee

Sale

National Bank, of Memphis:

$24,000

Nettleton

Consol¬

Line

School. District bonds.

idated

Denom.

$1,000.
21,000 Verona Consolidated Sch.
District bonds. Denom. $600.
Both issues are dated June 4,1946.
Monroe County, Bartahatchie
School District, Miss.

:

.

Offering—E. L. HaldorDistrict Clerk, will receive

sealed bids until noon

for

purchase of

the

on

July 9

$71,000 re¬

.

funding bonds, not exceeding 2%
interest.
Dated July 1,
1946.
Denom. $1,000.
These bonds are
due "on

July l/from 1949 to 1962.

Rate of interest to be in multiples

of

%

1/10th of 1 % * and must

or

be the same for all of the bonds.

The approving

opinion of Dorsey,
Colman, Barker, Scott & Barber,
of Minneapolis, will be furnished.
Enclose

on

June

1947 to

from

1

1966. In¬

■

Offering — Einar H.

Brogren, City Clerk, will-receive
sealed and oral, bids until-7 p.m.
on

8, for

July

Moss

Point, Miss.

Stewart,
City Clerk, will receive sealed
bids untiI 7 p.m. on July 16, for
the
purchase of $30,000 water
works coupon bonds to- bear not
exceeding
2%
interest.
Dated
June 1, 1946. Denom. $1,000. Due
$2,000 June 1, 1947 to 1961. Rate
of interest to be in multiples of
Yb of 1%. > The approving opinion
of * Charles, & Trauernicht, of St.
Loiiis, will be furnished. Enclose a
certified check for $1,500.
West Point,

the purchase.< of

Enclose

certified check for 2%

a

of the bonds bid

for, payable to

Bonds Sold—An issue of $275,000 school bonds was awarded at

(P. O. R. F. D.

Houston), Minn.

\

Bonds'Sold—The Security State
Bank of Houston was awarded on
June 4 an issue of $36,000 road
and bridge

0$M

Board

same

of Education.

The District

furnish the legal opinion of
Charles
&
Trauernicht, of St.

Louis, apd#will pay Jor the-print¬
ing of the bonds and the registra¬
tion fee at, the office of the State
.

limited

Off ering—J.

R.

public auction recently,
dicate headed by M. A.
& Co., of Memphis, as
iy2s, at a price of par, a

Auditor. Enclose
for

certified check

a

$3,600, payable to the District.

der

will- be

Bond

Sale

The

—

.$1,275,000

semi-annual school bonds offered

St.

Blewer, Heitner & Glynn of
Louis, as Is, paying a price of
basis

a

of

about

0.93 %.

est cost of about

to a syn¬
Saunders
2V2s and
net inter¬
to matur¬

1.71

County
Syracuse), N.

4: Note Sale

Skinner,

Bank

&

Harriman

Ripley

& Co., Inc.,
Phelps, Fenn & Co., Newhard,
Cook & Co., and the Trust Co. of
Georgia, of Atlanta, of 100.169 for

River

NEW YORK

Bond

Sale

The

—

.

be made to

the purchaser on or

before Sept.

i, 1946, in the - City,

61-i—were awarded to Geo. B.

p.

.Bond Redemption

—

Joseph K.

Costello, Secretary of the Com¬

as

issue known

the Delaware River Joint Com¬

mission

refunding bridge bonds,
Aug. 1,1943, maturing Aug.
1, 1973, bearing 2.70% interest,
now outstanding in the principal
amount of $37,000,000. Payment of
dated

said

bonds

will

be-

made

upon

on

Gibbons

presentation

July 1, at the Land Title Bank &
Trust Co., Philadelphia, the Fiscal
Agent of the Commission, at the
redemption price of 105% of the

City will

the purchaser. The

approving
Trauernicht,

furnish the

opinion of Charles &
of St. Louis,

and will pay for the

printing of the bonds and the cost
of the validation

tified'check for
to the

thereof.

A cer¬

$70,000, payable

City, must accompany bid.




awarded to
Bank

&

iho

Trust

of Syracuse, at a rate of
0*55 %. Dated July 1, 1946. These
notes are due on Jan. 1, 1947* The
next highest bidder was the First
T«ust-<& Deposit Co., Syracuse^at

—

offered

The $28,000 school
for sale on June

26—v. 163, p. 3466—were awarded
to the Marine Trust Co., of Buf¬
as
basis

a

1.10s, at a price of 100.17,
of

was

about

1.048%.

Dated

face

value

thereof

thereof

and

or

accrued

interest to Aug. 1,1946. Registered
bonds shall be presented by the

registered
companied
transfer
trar.

owner,

by

shall be
instruments
or

ac¬

of

satisfactory to the Regis¬

highest bidder

Geo, B. Gibbons & Co., Inc.,

for l.lOsy at a price of 100.12.

on

Village

Treasurer,

000.

$500 from Oct. 1,1946 to 1963.
256,500 park and parking area
improvement bonds. Due Oct.
•
1, from 1947 to 1965.

.

Gated May 1, 1946. Denomina¬
tion $500. The next
highest bidder
was

Charles E. Weigold & Co., for
a price of 100.23.

1.10s, at

payable at the National
Schuylerville, in Schuy-

Bank of

lerville.

Cambridge,

Easton, Central

O.

Cambridge), N. Y.
Bond Sale ^ The $26,600 school
bus bonds offered for sale on June
28—v.

164, p. 61—were awarded

to the

Merchants National Bank,

Nov.

are due $2,000
1, 1947 to 1956.; The
highest bidders were as follows for V/\% bonds:
(

*

Bidder

for

sale

on

June

28—v.

163,

p.

3466—were awarded to the South
Shore
Trust
Co., of Rockville

Centre, as 1.10s, at a price of 100.028, a basis of about 1.095%.

$40,000 water system extension
j.*10

oonas.

'Due

:44/%y;&40:. >£y July 1, 1947 to

$2,000

1966.

of
on

Price Bid

J. A. White & Co.—

100.765

Seasongood & Mayer—™ 100.384
*■'

Euclid,: Ohio

:

.,

■■

.

'

'(Bond Sale—The $60,000 street
improvement
sale

bonds offered for
July 1—v. 163, p. 3467—

on

Were awarded to

Stranahan, Har-i

ris & Co., Inc., of Toledo, as lYz$,
at a price of 100.33, a basis of
about 1.39%. Dated June 1, 1946.
Denom.

$1,000.
These bonds are
$12,000 from Dee. 1, 1947 to
1951, inclusive.; The next high¬

due

bidder

est

Co.,

Ryan, Sutherland
at a price of

was

for

iy2s,

-j-v

Franklin

^

School

Exempted Village
District; Ohio

Bdnd Offering

—

R; G;

Clerk of the Board of

receive

will

sealed

Ayres,

Education,
bids

until

July 23 for the purchase
building coupon
July
15,
1946.
Denom. $1,000.
These bonds are

noon

on

of

$350,000 3%
bonds.
Dated

due $7,000 Jan. and $8,000 Jan.
and July 1, 1966 and 1970.
Bid¬
ders may bid for a different rate
of interest in a multiple of Yi of
1%.
Principal and interest pay¬
able at
the
Franklin National

These bonds

Bank.

were

author¬

ized at the

primary election held
on May 7;
No bids for less than;
par and accrued interest will be
considered.
The approving opin¬
ion of Peck, Shaffer &
Williams,
of Cincinnati, will be furnished,,"
Enclose a certified check for 1%
-

of.the; bonds bid for payable to>

Dated

the Board of Education..

Whitehall, at a price of 100.09.
June 15, 1946. Denomina¬
tion $5,320. These bonds are due
$5,320 on June 15, in 1947 to 1951.
The next highest bidder was Cam¬
bridge
Valley National
Bank,
Cambridge, at a price of 100.004.
OHIO

following bonds

amounting to $214,000 and offered

tax
June 28

of

Hempstead, N.Y.
Bond Sale—The

on

These bonds

will

Principal and in¬

Sch. Dist. No. 10 (P,

park

unlimited

next

100.14.

interest. Dated July 1, 1946. De¬
nomination $1,000. Due $2,000 July

and

The $20,000

—

playground

from

July 8 for the purchase of $50,-

White Creek, Jackson,

Sale

A.

000 water works coupon or regis¬
tered bonds, not exceeding 5%

Salem

the

to

•*

163, p. 3337—were awarded
Ryan, Sutherland & Co., of
Toledo, as l%s, at a price of
100.795, Si basis of about
Dated July 16, 1946. Denom. $1,-

&

Victory, N. Y.
Offering — Lillian

Bond

payable

to

;

Orangetbwh Dnioh Free Schi Dist,
No* 4 (P.O. Nyack), N. Y.

falo,

on

—v.

rate of 0.72%.

&

after

without cost to the purchaser. De¬

livery elsewhere will be made at
the expense of

bond

Co.,

terest

following

$9,000 land acquisition bonds. Due

payable at the Deposit Guar¬
anty Bank & Trust Co., of Jacksoil
Delivery of the bonds will

were

National

Bond Sale

for,

bonds offered for sale

$75,000 Ley

of 1%, and must be the same for

of the bonds of the

est

June 26

The

and

Y.

extension

all of the bonds.

bonds amounting to $265,500, of¬
fered for sale on July 2—v.
163,

bid

Bond

be in multiples of Yk or one-tenth

Bronxville, N. Y.

Joint Commission

bonds

Board of Education.

O.

1, 1947 to 1971. Rate of interest to

Is.

demption5-on-or after July 1* all

Feb.

—

sewer

Lincoln

a

day of delivery of bonds. Enclose
a certified check for 1%
of the

receive sealed bids until 1:30 p.m.

Mercantile - Commerce
Trust Co. of St Louis,

1, from
1947 to 1961,; Principal and inter¬
on

(P.

Hughes,

the

est for the first three years.

(P. O. Camden), N, J.

cinanti. Condition of sale—cash

the

by

Interest payable J-J. All of
said bonds will bear V-k % inter¬

JERSEY

different rate of interest in

a

Columbus, Ohio

Onondaga

1948 to

mission, has announced that the
Commission has called for re¬

due

upon

with

July 1,1946, Due on July 1
1958, incl. Runner-up
in the bidding was a joint Offer
in

purchase of $3,500,000 public
improvement bonds. Dated Aug.
I, 1946. - Denom. $1,000.
These
are

taxes

re¬

multiple of Ya ot 1%. Principal
and interest payable at the Irving
Trust Co., New York City.
No
bids to be for less than par and
accrued interest. Approving opin¬
ion of the City Solicitor of the
City of Cincinnati, will be fur¬
nished without charge.
Delivery
is planned on Sept. 2,1946, at Cin-

of the Town.

next

and

for

in

The successful bid¬
furnished

Education, will

are due
$125,000 from Sept.
1, 1947 to 1970. Bidders may bid

option of Reed, Hoyt & Washburn,
of New York City that the bonds
are valid and binding
obligations

Co., Inc., and E. H.
Rollins & Sons, both of New York,
jointly, as 1.10s, at a price of 100.237, a basis of about 1.06%:

bonds

valorem

property.

bonds

ity.

Delaware

the

ad

real

Dated

NEW

City Clerk, will receive sealed
bids untiT 10 a.m. on July 9, for

be

of

Clerk-Treasurer

bonds

payable at the Port Washing¬
National Bank & Trust Co.,
Manhassat. The bonds are general
obligations
payable: from
un¬

a

\

ceive sealed bids until 2 p.m. on

ton

on

1

July 22, for the purchase of $3,000.000 2% building bonds. Dated
Sept; 1, 1946. Denom. $1,000. These

est

i rate.

will

100.48,

Winona, Winona Separate
Sch. Dist., Miss.

MISSISSIPPI

Bond

the

at

Principal and interest payable at
a
bank! designated by the pur¬
chaser, subject to approval of the

bonds,;

Jackson, Miss.

to

July 9, for for sale on June 28—v. 163, p. 3336
July
15,
1946.
Denomination
the purchase
of $30,000 street —were awarded to a syndicate
$1,000. These bonds are due on
bonds. Dated July 1, 1946.
Due composed of Drexel & Co., Glore,
July 15, as follows: $5,000 in 1947
July 1, as follows: $6,000 in 1947 Forgan & Co., both of New York, to
1951, $2,000 in 1952, and $1,000
to 1952, and $3,000 in 1953 to 1960. Weeden &
Co., of San Francisco, in» 1953. The

$6,000 in 1947 to 1949, and
$7,000 in 1950. Enclose a certified
check for; $100, payable to the
Qity Treasurer.
-

interest

anticipation notes offered for sale

L. Murphy,

the City.

Yucatan Township

of

Creek

Springfield Sch. Dist. (P. O.
Springfield), Mo.

$25,000 certificates of indebted¬
ness, to bear not exceeding 2y2%
interest. Dated July 1, 1946.
De¬
nomination; $1,000* Due July 1, as
follows:

Rate

Jr.,

the Board of

on

bear

Miss;

Bond Offering—H.

a.m.

however, that each interest rate
so
designated shall be an even
multiple of Ya of 1%, and that all
bonds of the same maturity shall
interest

koetter,

of the. bonds. Principal and inter¬

more
than
two
different
of Amory, as not
2%s. Dated June 1, 1946. Denom. rates,
likewise
to
be
desig¬
their
$500. These bonds are due $500 nated in
bids;
provided

certified check

Dist., (P. O.
4 Cincinnati), Ohio Bond Offering — Win. Mieten?

Hempstead; Albertson

multiples of Y\ or one-tenth of
1%, and must be the same for all

bids until 7.30 p,m. on

Willmar, Minn.

"Certificate

re¬

a

Cincinnati Sch.

ceive sealed bids until 11

1954.

Enclose

$10,000, payable to the Boar4

of Education.

July 9 for the purchase of $18,000
water supply system coupon or
registered bonds, not exceeding
5% interest. Dated March 1, 1946.
Denomination $1,000. These bonds
are, due $1,000 Ma^cfr 1, 1947 to

the Bank of Amory,

the District Treas-' City Clerk, will receive seided

4?0, payable to
lirer.

are

quested to designate in their bids
the price they will pay for bonds
bearing interest at a rate, or
163, p* 60—were awarded to

—v.

certified check for $1,-

a

Bidders

District.
for

Manhasset), N. Y.

—

Bond Offering-rW. G.

Bond

1966.

to

Dempsey, of Cleveland, will be
furnished at the expense of the

Bond Offering —■ Hartford N.
Gunn, Town Supervisor, will re¬

equipment bonds. Dated July 15,
1946; Denomination $1,000. Due
Feb. 15, as folows: $60,000 in 1947,
$11,000 in 1948 and 1949, $14,000
in 1950, $9,000 in 1951 and 1952,
$10,000 in 1953, $11,000 in 1954 and
1955, $16,000 in 1956, $18,000 in
1957, $19,000 in 1958 to 1960, $20,000 in 1961 to 1963, and $21,000 in
1964

3466—
Co., of
price of

Water District (P. O.

Jennings School District, Mo.
Kansas City, Mo.

Principal and in?

itory of the City. The approving
opinion of Squire, Sanders &

July 1—v. 163, p.
awarded to Tilney &

North

;

amount.

or

terest payable at the legal depos¬

for

York, as 1.20s, at a
100.086, a basis of about 1.18%.
Dated July 1, 1946. Denomination
$1,000. These bonds are due on
July 1, from 1947 to 1956.

;*r

The $10,000 school
bonds offered for sale on July 1
Bond Sale

offered

New

The

—

bonds

on

were

Bond Offering —' R. C. Luecke,
following Secretary of the Board of Educa¬
bonds amounting to $45,000 of¬ tion will receive sealed bids unr
fered for. sale on July 1—v. 163, til 8 p.m. on July 10, for the pur¬
p. 336-r-werel awarded to the First chase of $360,000 construction and

Bond

building

sale

Supervisors.

County Sch. Dists. (P. O.
Tupelo), Miss.

rate

—

lage

Interest pay¬

Trauernicht, of
St. TaUmadge, of Denver;
;
Louis, will be furnished. Enclose
a certified check for $450, payable
MISSOURI

Pope County Independent Consolidated Sch. Dist. No. 8 (P. O.
44Glenwood), Minn. ^

2s.

as

ber election in 1945, and are pay¬
from taxes unlimited as to

able

30, $14,000 in 1953 to 1956, $16,000
in 1957 to 1961, and $15,000 in
1966

These are the
bonds authorized at the Novem¬

Liverpool, Ni Y.
Bond Sale
The $19,000 vil¬

$12,000 June 30, 1948 to 1952 as
l3As, and $211,000 maturing June

to

'mul¬

a

tiple of % of 1%.

tion $1,000. Interest payable J-J.

re¬

cently to John Nuveen & Co., of
Chicago, and Boettcher & Co., of
Denver, jointly, at a price of par,
as follows:
for $60,000 maturing

1962

ferent rate of interest in

Dated July 1, 1946. Denomina¬

^

,

con¬

awarded

were

&

terest payable J-D.

sonv

Bonds Sold

struction bonds

the; County; Depository;
able J-D. Dated June 30, 1946.
approving o p i n ion of Legality approved by Myles P.

Charles

174,000 pavement of 1946 bonds.
Due July 1, from 1947 to 1956;

>

(Pi O. Artesia), N. Me*.
— The $271,000

Fred Taylor,

—

Clark of the Board of Supervisors,
wul receive sealed bids until 2

—

the ^ Farmers

Elkton,

Pascagoula), Miss.

Bond Offering

MEXICO

Eddy County Sch. Dist. No, 16

.

4

The $15,000 school
bonds offered for sale on June 26
Bond Sale

NEW

Orange Lake Con-

| solidated Sch. Dist. (P. O,

Faribault County Indep. Sch. Dist.

Monday, July 8, 1945)

•:

—

E. W. Arnold,

Bond

sale

on

1.21%.

20 for the purchase of $1,2% building bonds. Dated
1946. Denom. $5,000. Due
June and Dec. 1, 1947 to
1956. Bidders may bid for a dif-

semi¬

June 29—V. 163, p. 3467—
&

Co., of Cincinnati, as 1 %s, at, a
price of 100.19, a basis of about
bonds

July
000,000
June 1,
$50,000

$1Q,000

awarded to J. A. White

will receive sealed bids until
on

Sale—The

Ohio

annual school bonds offered for

Clerk of the Board of Education,
noon

r

Jeromesville Sch.' Dist.,

were

Barberton City Sch. Dist,; Ohio
Bond Offering

;

Dated June 1, 1946. These
are

due $1,000

on

June

from 1947 to 1956. The next
est bidder
on a

was

1,

high¬

Fox, Reusch & Co.,5

tender for iy2S, at a price of

V;i00.72.

'

v#; .Vi'-V

*•

(Volumifc 164

THE COMMERCIAL & FINANCIAL' CHRONICLE

Number 4505 ?

>

Liberty Township Fire District

<t>

interest cost

of about 2.27%—v;
163, p. 3052-^-were sold as follows:
$32,000 maturing June 1, $1;000 ill"
1947 to 1949, $1,500 to 1950
t<r
1953; $2,000 in 1954 to 1956, $2,500'
in 1957 to
1960, $7,000 in 1961,
2y2s, and $143,000 maturing June1'
1, $7,000 in 1962 and 1963, yv,vvw
$8,0€G«
Jv»
C\OA
in 1964 and 1965, $9,000 in 1960
and 1967, $9,500 in 1968 andf1

sstlgf^? sSEfpSsa lilifii wmmm
accompany bid.
<'must
SOUTH DAKOTA

:

will

The bonds

Due

$800.

Denomination

1946.

be awarded to the

/nrfepen^n" T?w?,'\'p Sch-

hiridpr offprint* the lowest. rate nf

e

Avella), Pa.

__

-

.

-vwwj

1

j

held
recently, to submit to the voters

tinners

a aii-

Din tor

mav

These "are

interest.

accrued

and

itnL w™?rrvS«?™

0?+S'

i

ferent rate ofinterest ina
the bonds authorized
First National Bank of McDonald,
ftiple otM of 1%. Encloses
tion held on June U. Enclose a
building bonds 0f 1938, Nos. 26 to
fled check for $800, payable to the certified check for 2%
of the 55_

^}"

Township Treasurer.

;

(P. O.

1

>

.

Union Graded

Seminole County

sch.DutNo.

%s, at

as

a

sjr. o.

about

»000 ^refunding bonds to/.beai*

Bank, of Pittsburgh,
price of 100.492, a basis
Dated July 1,

uiuuei:

-9. hudding^bonds. Due
..

iqaq

djR nnn

hnr.de
VnndY

1947 to 1968, inclusive.
The next best bid was an

TDhoi'ric

'"J

?iL'

+«

xoao'

.

irusi

union

-

r

.

"

s

extensions

Bond Sale—The

r

—

—"""

.

Healthy, Passed-The These bonds are due on
Ohio
foUows.
$5000 •„ 1948

ordi-

$5,491.80'in

and

150,000 motorized equipment of
1946, series A bonds.
Due
Aug. 1, as follows: $19,000 in
1947 to 1953, and $17,000 in

of

Netsonville City Sch. Dist., Ohio
Bond Resolution Passed — The

Bond

Board of Education passed a reso-

—

joi

f

wSc JfnnnfW
a

ho

578 000 wiB

in

ey^temXnds/

.

,

^

Eleanor Dun-

Resolution Passed — The

Bond

City Council has passed a resolution calling for the issuance of

$20,000 fire equipment bonds.
Reading, Ohio
Bonds Authorized— The City

'

These bonds were
an

approved at

$32,000 sideWalk improvement bonds offered
for sale on June 25—v^ 163, p. 3467
—were
awarded
to
Stranahan,
Harris & Co., Inc.; of Toledo, as Is.
-

—

-

-

.

.

-

-

Braun, Bosworth & Co., Inc., for
l'As, at a price of 100.38.
_

_

..

.

119,

basis

a

of

-

about

1.895%.

Dated June 1,1946; Denomination

X

T- • _1

-1

X

...

...

OKLAHOMA
Chandler Sch. Dist., Okla.
—

The

$2,700 trans¬

First' National Bank,

Chandler, jointly,

as

1946.:

--m
=

•

x-

~

Denomination

ay

by

ot bt. Louis.

.

\

Hawkins Indep, Sch. Dis^ Tex**

,

,

a.,771

.

3468—were awarded to1 a syn- jbonds are due $10,000
<%]
...1~
*v. fe' ?!'' ^erwas Pondronf & CO.

to any call date subsequent to P;
Aug. 1,1947.
r

;

m/ic

Dated Aug. 1, 1946.

fi

oi

nnn

8nnH<!

Denomina-

nf.

surrendered

in

Bank & Trust Co., of St.

merce

all

$200,00 series F, street and highway 1929 bonds.

Due from

Aug. r, 1947 to 1986.
250,000 series D, sewerage of 1929

$16,000 2 Jo and 2/4% refunding

bonds was approved on June 15 by
Attorney-General.
rv

bor?d?-_Due from Aug- !» 1947 Hidalgo County Water Control and?
to 1986.

75,000
Wheatland, Pa.

Improvement District No. 2

series

C, fire

station

1929 bonds. Due from Aug.

rel

r

Loilis> A. W. Snyder & Co., of Henderson and Anderson Countie*
Houston, and McDougal & ConLa Poynor Community Rural don> of Chicago, as 2y4s, at a price
High School District No. S3
,,
of 100.41, a basis of about 2.22%:
(P. O. Athens), Texas

exchange

wa®dsdSBoroureh "s^retlrt'

Oct. 1, 194ft

iley & Go.. Inc.. Mcrpantil^rmn-

of
1,

1947 to 1986.

A

(P. O. Edinburg), Texas
Sold—An issue of $223;and 3V4% series of 194Cv

Bonds
000

3%

j

J'7,1 r®

"
'
- ~
»na of.7. series ot u*s..
Dated Aug. 1, 1946. Denom. $1,- bonds was purchased recently b*

,

b

COUDOn

York, Pa.
J °

$50 00

Y

-

*1

all

of

the

Call»

Parkhurst

bonds.

Sumter,' S. C.
Bond Sale

for sale
—were

—

& Co., of Dallas—v.

Clarksville

...

Independent Sch. Dist.,
Texas

•

J. XXV.

—v.
June 29—v. xuo, p. 3468
163,
uiuo
awarded to E. H. Pringle

Bond

Sale

000 school
uuu'scnooi
f0r sale

on

& Co., of Charleston. Dated July

to

l,

Dallas, at

Denom.

$1,000.

163, p. 3196—.

These

R.

A.

Election—An

Bond

40,000 street improvement bonds,

on

1946.

on

a

Houston, Texas

The $340,000 genvpo-IUjUUU ^cxieral improvement bonds offered
—

Crowe,

&

road bonds

; Bonds Purchased — The follow*ng 'bonds amounting to $100,000
and authorized at the election

bonds.

SOUTH CAROLINA

tiple of V\ of 1%, which must be
for

was

'Purchased.recently by F. G. Mc^ |[Hockley (P. O. Levelland), Texas*
.'Dallas.
& Co., of Houston.
1I Bond. Sale Details—The $750,OOO4
' '
_
»
.
awarded
May 21 to*
:
Canyon, Texas syndicate headed by Crumrner*

IASj at a pnce 01 iU1*in'

Aug, 1, 1947 to 1960. Bidders to
the rate of interest in a mul¬
same

bonds

nnK locnmiai, rooie & uo., ]
at a nrice of 101771

name

the

construction

'

$1,000.

both of receive without charge the opinion
of Burgwin & Churchill, oi Pitts1V4S. \t/




on

inter-

' ^

portation equipment bonds offered Registerable as to principal only,
for sale on May 14, were awarded No bids for less than par and acto the Union National Bank, and nniiArl interest. The purchaser ""H
crued
will
the

-

,

-

price of 100.731.

\~*ao~

Sale

any

s2e on hme'skfllf ir? « ^mrb
irt .1' 5 ' Pw!l6t~
r!in!rtS , ?o to „ A-.. Webster
East Bethlehem Township Sch. Dist.
\ inS P ?'
(7\ O. Fredericktown), Pa.
w
r? . 2 Va, asls
Bond Offering-Chas S. Seaton,
D3t«d„J^y 1.

1,

Bond

at

or

,

$1,000. These bonds are due $25,-

These bonds are due $2,000 from

.

Bonds Sold—An issue of $75,000

J

!•

.

efi sf th Jr?JLzJL' f000. These bonds were authorized McRoberts, Graham & Co.; of Sa®
^ 'h
bonds
Dated at the election held on May 4, Antonio. Dated May 1, 1946. Isj^iv 1 J946 These bonds are due 19?9- Interest payable F-A.
sjued for the purpose of refunding
non Vm Tniv 1 in 1Q48 tr> 1Q52
Calallen ir*A»n S^h-Dist r<»<M
a ^dike-amount of outstanding^
$1>000 on July 1, in 1948 to 1952.
CcdaUen Me^Sc^^^^tae ;bonds> Legality approved

due $16,000 July 1,- 1948 and at a
1949/The next highest bidder was '

.

AAA

:000.construction .and equipmwit'.
bfwj? was favorably voted at th®-

163, p. 3468—.were awarded
to E. H. Rollins & Sons, of Pittsburgh, as iy2S,.at a price of 101.-

J.

are

_

to Floydada Indep. Sch. Dist., Texas*
Bonds Voted—An issue of $100,#T

interest-pay- f
TEXAS
I : Bond Sale—The $100,000 schoof
ing date; provided notice of,
*
;house bonds offered for sale omi
such redemption shall have
Beaumont, Texas
j June 25—v. 163, p. 3339 — wer^
been given by publication at
Bond Sale — _The following awarded to the Dallas Unioi*
least 60 days prior to Aug. 1, ;bonds amounting to $525,000, of- ,Trust Co., of Dallas, as l%s. Date®
1947, or at least 60 days prior fered for sale on July 2—v. 163, july lf m6 Denom. $1,000. These

100:178, a basis Of 000 on June 1, from -1
1948 '■ 1969.
to T-r
1.2
about 0.928%. Dated July 1,1946/ The next highest bidder
Denomination $1,000, These bonds t^aaan Bipley .& Co., Inc., for-l'^s,
price of

a

APriL1V I946- Eenom»:
V'900 and ^50°- Interest payable□»

the

S

—v.

Toledo* Ohio-

at

,

bonds offered for sale on June 28

Sale—The

Bond

to

the last previous

Baldwin Township

Sch. Dist.
(P. O. Pittsburgh), Pa.
Bond Sale—The $550,000 school

,: Due Aug. 1$ 1947 to 1952./ / 42,000 2%% water works an«f
sewer system revenue bondsL
Due Aug. 1,1952 to 1969.

auditorium

submitted

water works an®
system revenue bonds;

sewer

3% vrater works-bonds was pur- bsc ione.

therefore.

^

and

election held on May 7.

1947

accrued interest thereon from

bonds

PENNSYLVANIA

be

1

Treasurer's office of Washington
-n / '
'
bonds pxrhanffeCounty or at the fiscal agency of
nf+hp nffiop of tbp Citv Ton
the State in New York City. The
at
°t.ion of holder at anv
approving opinion of Teal, Win- timp*fnr rp«istPred bond or bonds
free, McCullock Shuler & Kelley, of same mfturity and deil0minaof Portland, w,
will be furnished. ^Ition or —ix:„i~ xi
A xi— — multiple thereof, not ex<•
^
SS
certified check for $1,000, must|ceedjng |be aggregate principal
amount of the coupon bond or
accompany the bid.

nance

$127,000: $100,000 incinerator,
$27,000 flood control bonds.

fl/lf*

,.

recently passed an ordicalling for the issuance of1
the following bonds amounting to
Council

—

-------xr—

G?KI1

est-oaving date thereafter

terest
Feb. 23,payable: Principal -and in1946. at the County

Ravenna, Ohio

municipal
will

.

2y2%

chased recently by the Cumber- Groveton 'Indep. Sch. Dist., Texaor
land Securities Corp. of Nashville. , Bonds Approved — An issue ©E
Slhe face anmunt of the ;Bated May l, 1946 Legality .ap- ,$24,000 refunding bonds was a*bonds then outstanding and proved by Charles & Trauermcht, proved recently.
Aug. 1

aBd are part of the $280,000 issue
authorized at the election held on

$650-

000,000
bonds

3%

1971.

i

_

1

,

Bond Election—An issue of $4,-

ic.

,h^tfVh J in 1948 t0 1950' and $5,000 in 1951,

=

Tenn

"

April 1, 1947 tt*

street improvement
bonds/ Due April 1, -1954; tON

WWUVJ

Superintendent of Schools because
the act excluded voters in the
City of Knoxville from voting in
the election.

demptionandpre-payment on

school bonds, to bear not exceedinS 3% interest. These bonds are
dUe 011 Aug* 1 8S foll(>WS: $15,000

fniwin**

Thn

^

—-o

Waynesboro, Tenn.

for the can,

nw

j.

— — "

-

Due

1953.

85,000

.

Nashville

hAV»W«

District Clerk, will receive
issuance of $197,500 building, site sealed bids until 8 p.m. on July
and equipment bonds.;
18,v, for the purchase of $50,000
Vhroiinn

act.authorizing'

aild $22»000 in 1957 to 1966.
voters at the primary election
250,000^ sewage disposal of 1946 be held on Aug. 1.

and

Offering

„

,

.

_

1954.

Multnomah
Counties Union High Sch. Dist.
No. 10, Joint (P. O.
Beaverton), Ore.
Washington

$1,000.
These bonds are
due $5,000 Get. 15, 1947 to 1970.
Denom.

». ^vate

County Court to issue school
amounting to $1,000,000.

a Private act creating a County
Board of Education and a County . 8,000
Rnorrl rcf
3 _ «
j

450,000 funding of 1946, series A
bonds.
Due Aug. 1, as follows: $23,000 in 1947 to 1956,

1946.
July 2,
t /957

The next

1958.

7

2900

2,

July

Dated

°f

bonds.

The Court also declared invalid
JLJ.AVM4.XV4.

1946, series A bonds.
$55,000 Aug. 1, 1947 to

oc

Rnnxi

ing bonds amounting to $150,000,
awarded recently to a syndicate"
headed by Rauscher, Pierce H"
Co., Of San Antonio—v. 163,

bonds

$55,491.80 sew¬

awarded to the Bank

1.067%.

June 10, calling

Bond Sale Details—The follow¬

3468—were sold at a price of pa*:
estate Supreme Court is re^.
State supreme
ve-1
j7v ^i.ai^nCe
ported to have declared unconsti- $15,000 2/2%,street improvement

the

KM™8* TriprVo^^and FoSrdyCceatSCo'
ass vssrtrsfva >A •« * - *»«s

on

Eldorado, Texas

same

iine
The

f»?0 bear not exceeding 4%
Due

were

Ordmance

lution

thl

~
Tenn.

I interest.

bonds offered for sale on June
—

.

an

At

:

sew

Bond Legislation Invalidated—

I $1,100,000 general public improve¬

26

n..

Village Council passed

fhat
hn
that he wnll i; roooitra
will receive
sealed bids until 10 a.m. (DST),
on July 16, xui the purchase of the
u«v
xv, for mc puiuwsc ui mc

Albany and the First National
Bank of Albany, jointly, as Is, at
a Price of 99.55, a basis of about

and equipment
bonds carried at the election held

»

$200 ftft

7ce®e ^0 P^k bonds failed

following bonds amounting to $1,-

-

er

construction

u,

and

' Bohds Defeated

^

r

.

ment of

juus

u

,

-

Was

uie

was

100.905

Albany, Ore.

Morgan Township Local Sch. Dist.
(Po O. Hamilton), Ohio
Bonds Voted—An issue v/x. $71,tviicu
xxn
JCOUC- of yix,

June 18.

.

OREGON

iy2s.

on

■.

"i

were

1040 nnimppd
1949 nounced

$2 500

rTtTj""EdtSflT ^

G. Becker & Co.,
Martin, Burns & Corbett, Ryan,
Sutherland & Co., and H. V. Sattley & Co., jointly, of 100.4495 for
Donald & Co., A.

000

inclusive ' and

J? 5 mcAuslve' ana ^'ouu

Mc-

& Co

"Ppnn

<C9 000 from
S2 Oftn frn™

Hno
Due

1952

in

Co. of

Trust

Northern

the

by

offer

Approved—An

issue oS
$156,000 2V4% and 2%% refunding bonds was approved on May
28, by the Attorney-General.

7 :1955.
-7\vBond
Offering — Edward
R. 10 carry.
ioioo: transportation equipment Frey, City Controller, has an- Knox County. (P. O, Knoxville),

July 15, 1946.
1, from

and Dec.

June

1 As, ..Jntemt

n

Texas

Bonds

0.795%.

R

on

?

and m

jMl+PstWa-lMpMa* SaKfiDid

bear not
was ap¬
held on

flfin

Bond Sale —The $55,500 bonds
offered June 26, were awarded to
the Security State Bank*of Weof:
I woka. Award consisted of •
Chicago, and Hayden, Miller & Ldsnnn huiidina k
a
w
I^iusdui
Co., of Cleveland, as iy2s, paying'
as
a
1954Vinclusive) and $9,000 in
price of 101.1599, a basis of
^
n:.—i

.

to

^\'q29

Wagner School 0»<ricf, S. Do*.'
Bonds Voted—An issue of
$30,- Pa*aoie

-•

Bowlegs), Okla*
1946
Bond Sale- The $55,500 bonds

Toledo, Braun, Bosworth & Co.,
nm -L:
n^.„«
Inc., the First of Michigan Corp.,

Due

,°nds*

^ A/11"

••

5 abo«a^ri^eaVui7i!l Rnnfl Voted —■— The following V/v; Eagle Lake, Texas
^
Dprinminatinn
Thoco
Bonds
Bonds Approved—An issue ot
000
u6aooo 3 APPr<>ved—An
Zds^C So''^from* Julv !?onds amounting to W' election!—x—v i%% and 1%% water
frL T»lv
bonds ^7e"due
000
$600~000~were
ap^948 to 1957 The nexthicheS £avorably voted at the election $601000
and
uo., held
bJdder wa the Union Trust Co main on June 28: $400,000 water proved purchase bonds the AfV
system on Jun
by
82KL2!8 12?
Pittsburgh, for Is, at }™?LCoJi main extensions, and *2ftn m sew. Proved on June 12 to
a price °M age line extensions bonds.'
'
| torney-General.
of

bf New York,'the Ohio Co. of CoH
lumbus.
lumbus, C. F. Childs & Co., of

about 1.38%. Dated

bonds*116 °f $125,00° hosPital",

.

Ion National

„

..

•

McKeesport,Pa.

meeting

5aie—The $200,000 semi-(exceedw?# ®5°?ds to
J?M00 sewer_system and garbage a]?nual general obligation bonds Droved iff
in.ter®st»
dlsP°sal bonds on defeated
offered for awarded to the 164,
election
the election heldwas June 18. at P« 63—weresale on July 2—v.Mel- June 18 TENNESSEE

semi-annual building and improvement bonds offered for sale
ico
oom
on July 1—v. 163, p. 3337—were
awarded to a syndicate composed
of Harriman Ripley & Co., Inc.;
Stranahan, Harris & Co., Inc., of
t..i„

•

Enid, Okla.
«J?n?nS Defeated~An issue Of

$2,100,000 cou-

pon
—

...

Enid. Okla.

Cihit*

Marian )

Sale—The'

amount bid.

;

.

Marion City Sch. Dist.
Bond

at^ ele<c"

io at a

duij'

v.«u iw

ni^«+«re

Details—The $175,bonds offered

.

May 22 and awarded

issue

to: $55,225,000^
the voters atk
be held on July 27.

amounting

will be submitted to
the election to
i Humble

Independent Sch. Dist.,
1

house

Underwood
a

bonds

Bond
Bc„_

Sale

Texas

'.

' \

Details—The ;$200,-

& Co., of 000 construction bonds purchasec*
price of 100.01; a net decently by the R. J. Phillips in-

m

m

TTOT„

IIGI*Eft*S?*?,
t it," Avj^;

?;''-Vf»'4-".^i\ f&f*.

a, syndicate composed
Dallas, Rupe &. Son, of Dallas,
Columbian Securities Corp.,
of Texas, and Russ & Co., both of
San Antopio, at a price of 100.019,
a net interest cost of 1.68%: A
"

vestment Co.,' and J, Wylte Harris
&"■ Co., both of

awarded, ta

of

HoustoJn, jointly—

y.jr1

«h?^r.'^»^^J^J.QfidJ'U 1 JT~ 8j 1-946

'-U

'%'\&.:~ '•<+'<**'*

Wellington Indep. Sch* Dist., Texas gality approved- by McCall; ParkBonds Sold—An issue of $155,-v burst & Crowe, of, Dallas,

;S3||

St. Albans, Vt.
163, p. 2499—were sold as fol¬
000 2 % % series of 1946, refunding
Bond pfterte^~Guy Jjj
lows: $12,000 maturing $1,000 in
;
Wooivilli, Texan,
Bur^W,
bonds was p^ucha^d recently., by
Bonds S. o 1 d,— The following Mayor,- will receive' sealed bids :{[*$ "• f
1947, $2,000 in 1948, $3,000 in 1949
R. A. Underwood & Co., of Dallas. bonds amounting to / $80,000* are until.;H$t"p.m. on July 8;.for the-' •'
to 1951, as. 1 ¥2 s, $30,000 maturing
jl
$4,000 in 1952, $6,000 in 1953 and $1,750,000, Interregional Highway Dated/June, 1,1946. Issued for, the said to have been sold: $15,000 purchase of the. following bonds t "■ j
street improvement; $15,000 water amounting tp $25,000;
* bonds. For
1954, $7,000 in 1955 and 1956, as
$525,000 maturing purpose
of
refunding
a
like
system revenue, and $50,000 sewer. $16,000 .refunding bonds, to
2s, and $158,000 maturing $7,000
July 1, $87,000 in 1947, $88,bea^
§>
in 1957, $8,000 in 1958 to I960, $9,- ^,}i/ O00. in 1948,
nat
$87,000. in 1949,
exceeding .-3% interest;
:
f
000 in 1961 and 1962, $10,000 in
Dated Aug. 15,1946. Due Aug.
W $88,000 in 1950, $87,000 in
; 1
1963 to 1965, $11,000 in 1966 and
#j.yj *.
1951,, $88,000rin; 1952, as Is,
15r as follows:.$5,000 in>1966
1967, $12,000 in 1968 and 1969,
and $1,225,000 maturing July
and' 1967,: and $6,000, ih-dOOa.1 \
"•
$16,000 in 1970 and $17,000 in 1971*
1, $87,000 in 1953, $88,000 in
-•.Principal- and. interest' pay¬
as ~2%s.
Said bonds are callable
able at the'Peoples Trust Co.,
1954, $87,000 in 1955, $88,000
after 15 years..-V:-p//■•'"/
; in. 1956, $87,000 in
r
of St< Albans,.
1957, $88,1 •'
i, some on July 9, one on July
The Secretary of/the Board of
/<: 000 in 1958, $87,000 in 1959,
;9,000 refunding water bonds, tq
10* the remainder on July 30, for the purchase of - a "total of
$87,552,4 1>;/1 bear not
Education has advised that the
$88,000 in I960, ; $87,000 7 in
exceeding 4% interteMWW
above companies are under con¬
1961, $88,000 in 1962, $87,000
Herewith we give, a listing of-the various 1 est. Dated Aug. 1, 1946;" DUe
tract to purchase only $125,000 of
i.
Win 1963, $88,000 in 1964, $87,/Aug., 1, as follows: $5,0001 in
the above bonds, the. balance of
000 in 1965, and $88,000. in
'I/. 1958, ahd:$4,Op0 in, 1959/PrinList. No. 1 ' - *
$75,000 will be placed " on the
1966, as. f%s.
cipal and. interest' peyabl^ at
Bid Opening July 9, 1946
1,500,000 Airport Administration
the First National
the

v.

,

,

'

.

-

.

-

"

_

7

ioan;n^tes:.

-

.

\' Building, bonds. For $450,000
maturing; $75,000 July f, 1947

Jackson County Road District No. 2

(P. O. Edina), Texas

thorized

the

at

held

election

to

1966,

2,000,000
%

Street

and

Bridge

bonds. For $600,000 maturlrig

'M

4$1OO,O0O July: 1,1947/fd 1952,

on

and $1,400,000 maturing

May a..

$100,000 July X* 1953 to "1966,

Jefferson County

(P. O. Beaumont), Texas,

l%s.

as

county

Disposal bonds.
$90,000 maturing $15,000
July 1, 1947 to 1952, as Is and
$210,000 maturing $15,000
July 1, 1953 to 1966, as 1 %s,
For

road bonds

:

will be resubmitted to the voters

'
*

•:

at

an

election to be held on July

386,00Q

.

$1,000. / Bids to
be made separately for each issue.

Maturity. :
Aug. 5, 1947
,

Conway, etc.)
Asbury Park, N. J
Augusta, Ga.

213,000
328,000
326,000
13,183,000
9,210,000
1,685;000
1,585,000

Aug. 5, 1947
Aug. 5, 1947
Aug. 5, 1947
BflhteF^W. ———
—
Aug: 5, 1947
Boston, Mass
Aug. 5, 1947
Buffalo, N. Y
May
6, 1947
Decatur, 111.
Aug. 5, 19,47
Jersey Cjty, N. J.______
6,242,000
Aug. 5,' 1947
Los Angeles Co., Calif
Wii—
5,899,000 ' May 27? 1947
Lubbock, Texas
476,000,
Aug. 5, 1947
McKeesport, Pa
996,000
Aug. 5, 1947
Meridian, Miss.
341,000
Aug.
5, 1947
Middletown, Conn. _________930,000
Aug.
5, 1947
New. Orleans, La,
2,600,000"
Feb. 25, 1947
Orlando, .:Fia:;
364,000' •; Aug, 5,1947.
St. Clair Co., Ill
2,1-19,000
-Aug. 5, 1947
Upland, Calif.
345,000
May
6, 1947
-

________

Johnson County (P. O. Cleburne),
Texas

/////..

v

""

WW

Election — The $300,000
hospital; bonds/will be
^submitted to J the voters at: the
election to be held on July, 9.
Bond

.

county

;;

,

•

La Vega

r

Indep. Sch. Dist.

'4

.

(P. O. Bellmead), Texas ' ^ \
Bond Sale—The $100,000 school
bonds offered for sale on June 27
v

.

;;

were

/

:

Co.", and the Columbian Securities
Corp., of Texas, both of San An-

$7,009 in 1966,

These bonds were

authorized at the election held on
The next highest bidder

June 15.

R, A. Underwood & Co., and
Robert A. Levy & Co., jointly.
'
wag

.

Marion County (P. O, Jefferson),
Bond Call—-Mrs. Ethel Arnett,
has announced that she will call
for payment on Aug. 1, on which
date interest ceases,~all outstand¬

ing 6% series of 1932, public debt
refunding / bonds,
of. an./ issue
amounting, to $109*180, dated Jan.
1, 1932, and maturing Jan. 1, as
follows; $2,180 in 1933, $3,000 in
1934 to 1938, $4,000 in 1939 to
1946, $5,000 in 1947 to 1952, and
$6,000 in 1953 to 1957.
r Said bonds shall be presented,to
the Manufacturers Trust Co., New
York City, where they will be re-;
deemed at par and accrued inter¬
est.
y
■" /:W:
/; For. convenience of holders ar¬

as

l3As.

was

Sachs

*

Chesterfield, County Manchester [
1

Goldman

San Benito Indep. Sch. Dist.,

■

'

f-Texas
Bonds Approved—An issue of

$60,000 construction bonds
proved recently.

was ap¬

,

Bank

7Texas

;:V Bonds Purchased—An issue of

$50,000 road bonds authorized at
the election held on May 18, was

purchased recently by J. L. Wright
St Co., of San Antonio.
Mills

§

County Consolidated

Sch. out. No. 14 (P:O.
■;■/•/''/■ \"V Priddy), Texas WW,
5

/ Bonds

issue

Sold—An

of $35,-

Feb.

gen—J :.

era! improvement of 1946 bonds /
offered for sale oh July l~Pv/163v
p. 3340—were awarded to Harriman Ripley & Co., Inc., and B, J,
Van Ingen & Co., of New York,

4, 1947

J

(
'

:

Texas ;
Bonds Sold—An issue of $275,000: building bonds has been pur¬
chased recently by William N. Ed¬
wards & Co., of Fort Worth. These
Pecos Indep. Sch. Dist.,

bonds

authorized at the elec¬

were

tion held

on

San

Bonds

These bonds

are

due on

/
!
July 1, in W:k^

1947 to 1971. Interest payable

Amount

J-J.,

!

Maturity
Fredericksburg, Va.
$
948,000
Aug. 26, 1947
Bond Sale—The following bon<?s
!
18,479,000
Feb. 25, 1947
>
1,219,000
Aug. 26; 1947 amounting to $750,000 andioffe^qd.
for sale on June 28—v. 163, p. v>
1,536,000
Aug. 26, 1947
•
593*000
Aug. 26, 1947 3468—were awarded to, Halspy, ',:/ ^
Stuart & Co.; 'Blair & Co.; Inc.^
1,003,000
Aug. 26, 1947
and the First of, Michigan; Corp.,/,,
l|
1,445,000
Aug. 26, 1947
521,000
Aug. 26, 1947 qi Now: York, jointly, as l^s^at a; Wj,i
|i
788,000
Aug; 26, 1947 price of 100.437, a basis of about
1,427,000
Aug. 26, 1947 1.213%:
; 263,000
Aug. 26, 1947 $400,000 Kennore Drainage bonds." y
i
^Due July, 15,1950 to 1969,
Aug. 26, 1947
177,00Q
/
Feb. 25, 1947 150,000 School Expansion" bonds.
105,000
|l
r/Due Juiyl5,195O tol900.;
.1692,000
Nov, / 4, 1947
'
1,783,000
Aug. 26, 1947
75,000 Water Improvement bonds.
%I "
Due July 15, 1950 to 1969. *•;./•
Jl,358,000
May 27, 1947
i 75,000 Gas Improvement bonds.: Due? July 15,1950 to 1069;
$32,337,000
50,000 Court House Improvement
:
obligations of local public housing r, bonds, Due' July 15, 1950' td
public bodies corporate and politic
.

Montgomery, Ala.
New Albany, Ind
Newport, R. I._

.

Paterson, N. J

>

_

South San

Francisco, Calif.
Tuckahoe, N. Y

__

_

.

.

..

.

...

-

.

—

Bonds Vote&r—An issue of $180,bonds carried at

:

Wilmington, Del.
Woonsocket, R. I

000 construction

election held

an

on

,

June 1.

The Issuers—The

Notes

are

or,
.

Clung

&

Knickerbocker,
Houston, according to report.

agencies (the issuers) which

are

Dated July 15, 1946.
Dendms.
$1,000 and $500. Interest payable

in
2,/iM.'*^'

J"Jand

of

Purpose

of Financing—The

Federal

Public Housing
WASHINGTON

with the issuers to assist theirTexarkana Sch.

Offering-l^L

ceive sealed bids until 8 p.m. on Lpan Contracts the; FPHA, has agreed;
July 16: for the, purchase of the delivery to it of definitive,
following series of 1946, school

tfiat prior td the issu^ce and

bpnd^/l^/v^^

house

Seattle LoCal

development^of .thh Pteie<!.ts by loans

Dists., Texas%
in amoimts equal to 90% (or, in the case, of
projects for persons en¬
W. Stilwell,
gaged in war activities, 100%) of the development cost§. - Under these
Superintendent of Schools, will re¬
Bond

,

,

Jmprpvejnent

Bond Call—H. L.

\

Collier, City

i

Treasurer, has announced that, the'
following bonds were, called for;;
payment,on June 5? on which,date;
interest ceased; \ * <

ii

j
-

complying with the provisions of the Loan Contract. / The Temporary Vh&dsion:' Slreet- Disfcict- 3N;b.''$597^
bonds, Nos. 1 to
independent school dis-Wjayvplsttlct tto,'56Q£
"trict bonds,
/
"
W capital in.the development of thq projegts/apd to reduqe; the, carrying
'•A 'V
•-»1
409,000 junior, college, district charges of thg issuer by.the safe of. short-term Notes bearing interest bond, No. l.

?

000:

$867,000;

—

Texas'
The following

bonds amounting to $5,700,000 and

offered

for

,

bonds?:
-

These

sale

recently,




at very much, lowe^ rates, than the FPHA is permitted to charge. The
bonds are all, dated July proceeds of these Notes are used to pay costs incurred in the develop¬

10, 1946.

r

were

*:

ment of the

project,

j Fayette County (P. O. Fayette*

to refund, renew, or extend outstanding notes. I'

'

'

:
ville),
plan is to borrow funds, from others than the FPHA in anticipar
f
uri«f
Bonds Sold—An issue of, $50,- tion of the
advances to be made by;it under the Loan Contract,
Thec derstand that Stranahan, Harris &'
000. paying bonds is: said to; have Notes are issued after
the FPHA has approved a requisition fof an Co.,
Inc., of Toledo, have been

%hree}Rivers, Texas

or

The

advance of funds to the issuer in

&

Co., of San Antonio.
,

Antonio,

I
I

•

|

to

pay

and

Tulia, Texas

an

amount which will be sufficient

the principal of the Notes with interest thereon to maturity

after the FPHA

and the

issuer have entered

into

requisition

water -works

was

ratified at

cently.'1

an

revenue

bonds

election held

re¬

chase

a

the

20-day option to bur$1,000,000

1V2%

public

of such advance to the

the Notes

on or

paying agent designated by the purchaser of

before the maturity date of the Notes.

The Notes

are

payable out of the proceeds of the advance to be made by the FPHA.

school improvement

bonds, offered

for sale

a

Bonds Voted—An issue of $60,000

granted

Dated

July 1,

$500.

These

on

June 20.

1946.

Denomination

bonds

are

to 1979.

'

due in

-

July, from 1947
,

,

f
>'•

bond^ amounting to $1,207,-

May 11.

Sold

: ;

Date^ July.1;l£>46;pehom. $It000;
indicated)

as

"

Q00 3% series of 1946, school bonds
was purchased recently, by. Wil¬
liam Ni Edwards & Co., of- Fort
Worth. Dated May 1, 1946. Legal¬
ity approved by McCall, Parkhurst
& Crowe, of Dallas. ' * , *.7' 7 " i
<

,

-

in

Menard County (P. O, Menard)*

V

,

,

Bid Opening July 30, 1946

Chicago, 111.

/ i

-

jointly,' as' 1.20s,/ at ar price/ oW
100.1009, a, basis of about 1.19%.

(Notes dated Aug. 20* 1946 and maturing

Erie, Pa

1%

,

Bonds Sold—An issue of $100,Austin, 000 water- works bonds authorized
where they may be presented on at the election held ori -May 28
said date at the. holder's, option.
was, purchased re.cently, by; McNational

$100,000

Mason, '• of/ Lynchburgh../ Dated
K'tf*
July 1,1946. Denom. $1,000. These J I,bpnds are due from July 1, 4948'
/ I
to 1956.
Interest payable J-J.
>
■

List No. 3

Tucson, Ariz. _»//

Silsbee Indep. Sch. Dist., Texas

rangements have, also been made
to take up these bonds at the Cap¬
ital

The

bonds offered for

sale, on June 28—v. .163, p. 3468—i
were awarded'to Bcott, Horner

Maturity

$ 7*990,000

Local Authority
Bethlehem, Pa.

—

Bondv. Sale—The $250,000,

Amount

Pensacola, Fla/
Philadelphia, Pa.
Portland, Ore. f
Shreveport, La

l%s, af aprice, p| 1Q9J>7.

Bond) Sale

.

Danville, Va,

Authority

&

Securities
Corp., New York, Stone & Web¬
ster: Securities Corp., Blair & Co.,
Inc., Shields & Co., B, J/ Van Ingen & Co.y Equitable Securities
/Corp., Lee Higginson Corp., A. G.
Becker &
Co., Milwaukee Co.,
William Blair & Co., McDonald &
Co., N'ewhard, Cook & Co., McDonald-Moore & Co., and New-:
man
Co;," jointly for $5,700,000

J:Mdgi9tepfo$apitafy< Qisirfci? \
i
;
(W: ChesierttydXVammmtf

water" system

(Notes dated Aug. 2, 1946 and maturing as indicated)

City, N. Y._—

:ih*

'

List No. 2

New York

consiaerea^

VIRGINIA

Bid Opening July 10, 1946

Local

De

the

genuineness / by,^. and
"
their legality" will be approved by / /-,;1
CharlesD. Watson, of St."Albans,::

K'-J

Union

&/ Co.,

to

as

_________

Interest payable, J-J. The next

highest bidder,

interest w-ui

The bond® will' be, authenticated

_________

in 1958, $8,000 in 1959, $7,000
in 1960, $8,000 in 1961, $7,000
in 1962, $8,000 in 1963* $7,000
in 1964, $8,000 in 1965, and

awarded to J. L. Wright &

fonio, jointly.

$8,000 in 1951, $7,000 in 1952,
as Is,
and $105,000 maturing
July 1, $8,000 in 1953, $7,000
in 1954, $8,000 in 1955, $7,000
in 1956, $8,000 in 1957,'$7,000

,

.

_____________

150,000, Fire Station bonds. For
$45,000 ' maturing
July
1,
1/
$8,000 in 1947, $7,000 in 1948,
:
$8,000 in 1949, $7,000 in 1950,

Denomination

cruea

—

'

$6,600,000

$

—....

j

Boston.

indicated)

Eillf/Amount v.:

™:...

___

Second Bond Election—An issue ; ; 300,000. Garbage
of

as

Arkansas Reg. (Co.'s Cleburne,

l%s.

as

maturing

\i

Local

A„,

The

$35,000
road bonds were 'purchased re¬
cently by Russ &, Co.," of San
Antonio.; These bonds were au¬
—

d
■

Authority
fi; to 1952, as/Is, ahd$l,O50,OOO
^tnatufipg $75,000 July" 1, 19J53 Albany, Ga.

'

Bonds Purchased

Bank, of

%mm.

;