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MONDAY
M>(A
BUS.
ju« 14
UBRAR*
Reg. V. S. Pat. Office
Volume
167
Number 4707
New
General
RAILROAD
Aldens, Inc.
sales
Net
shs.
Earnings
290,650
289,238
355,181
'$0.70
——'
472,559
355,181
—,
outstdg._
per
•After
26, '48 Mar. 28, '47 Mar. 29, '46
$18,825,374 $18,155,227 $14,966,856
——————
*$0.70
preferred dividend requirements.—V. 167, p.
Allen Industries, Inc.
Qtr. Ended March Si-
The
.
company
shares
$1.33
share.
common
INDUSTRIAL
-
To Sell Stock of
Mar.
profit—
Common
PUBLIC UTILITY
-
Power
($100
has
Subsidiary—
asked
sales
167,
2357.
p.
American Power &, Light
the .week
ended
June
1946
1945
288,044
t$64,155
$85,426
559.2CO
279,600
279,600
262.800
$0.52
$1.03
$0.23
$0-33
1947
Earnings
share.___
per
•After
profit
charges
and Federal taxes,
tlncludes $44,702 non-recurring
sale of capital assets.
*Not stated.—V, 166, p. 2553.
on
American Safety Razor Corp.
The
^
before
Income
income
taxes
and
taxes
1948
and
1947
-
$1,838,538
342,635
980,351
$353,888
*$508,210
*$858,187
1,413,600
*$0.61
of
Allied Chemical & Dye
The
corporation
manufacturing
has
site
Corp.—Buys Site—
exercised
the
option
an
purchase
to
29-acre
a
River
Rd., Buffalo, N. Y., where It plans
erect
a
chemical plant costing $1,000,000 or more.
The company
will purchase the land from the Wonolancet Corp. for an undisclosed
consideration.—V.
167r p. 1141.
on
profit
Capital shares outstanding
Earnings per share
•Based
to
Allied Mills, Inc.
(&
before Federal
Federal
income
due
July
June
to
1
1,
the
on
delivery and
1946
$3,566,314
1,823,615
2,112,888
$2,708,295
$1,453,426
800,589
800,589
800,589
2,027,356-
....
giving
after
Sales
—V.
——
effect
167, p.
1948—Month—1947
•
___
$799,176
the
Line
1964,
and
to
three-for-one
unified
$2,797,428
$2,276,122
2025.
profit
.
—V.
u—
„
$3.70
,
$3.38
Months
9
$1.81
Net
165,
201.
p.
Ended
March
31—
1948
income
Provision
)
for
NOT
$9,140,725
$7,535,712 $10,378,808
1,634,748
1,634,743
$4.61 v c
$6.35
$4,115,725
STATED
'
American Airlines, Inc.—50th DC-6 Placed in Service
'./it
is
announced
this
that
scheduled
of
passenger service
extensive program to
an
aircraft.
The
airline
took
Douglas Aircraft Co.
few
a
placed
corporation
equip
fiftieth
its
DC-6
in
completing the first phase
fleet with all 300-mile-an-hour
June
on
10,
its
delivery on the
days before.
of
last
its
from
order
»
Rive Star Flagships, said R.
American
?
Airlines
service June
The
two
•
the DC-6.
to
airline
Earned
—v.
4
of
this
the
as
and
year
full
early
Vice-President sales.
to
of
in
performance
planes with
fly shorter distances.
75
cash,
shares.;..*-
share.—,———
Deichler
received
is
Los
$2.52
Months
before
.
.
*
.
•
/
company
has ofcdered from the General Railway Signal Co,
Angeles, Calif.; and
Argentine, Kansas.
a
40-lever
inter'ocker
electric
to
The
Argentine interlocker will
electric switch machines and 19 signals.—V,
167, p. 2358.
be
the
installed
control
Ended
Reserve
March
31—
for
(other than
income
operating
on
$40,295
Dr$89,864
$0.07
$0.13
of
1947.—V.
fixed
167,
assets
p.
amounting
2245,
'■si'."
$189,832
to
'/■
Chase
The
National Bank of the City of New York has been ap¬
registrar and The New York Trust Co., New York, N. Y., as
agent with respect to 750,000 shares of class A common
transfer
:
stock,
i
par
$1
par
value.
value,
See
also
and
V.
shares
750,000
167,
of
class
2461.
p.
B
;
common
stock, $1
*
\
,
American Brake Shoe Co.—Director of Research—
Schaefer
-
„American Enka Corp.—Opens New Rayon Plant—
Full-scale
'plant
production at the corporation's
new
manufacturing
rayon
scheduled to start last week, according to an announcement,
plant, it was stated, was designed and built at an estimated
was
The
of
cost
$26,000,000
by H. K. Ferguson Co., Cleveland, O., and will
approximately 20,000,000 pounds of rayon yarn annu¬
automobile, truck and airplane tires.—V. 163, p. 2717.
manufacture
ally for
American
Fabrics
Preferred—
'
Jacob
t'
letter
W.
to
Co.,
Bridgeport,
*
Conn.—Offer
Veron,
President
of
Arrowhead
for
'
,
,
the
Commodities,
Inc., in a
(non-voting) stock of
holders
cf
the
7%
preferred
Co., on May 24 made an offer to purchase as an
these shares at a price of $216.50 per share, which
Includes the redemption price of $110 per share and $106.50
per share
accumulated dividends.
The
offer remained open to and including
3 o'clock p in. on June 7,
1948, assenting holders depositing their
atock with the Manufacturers Trust Co., 55 Broad St., New York, N. Y.
American
-entirety
.
Fabrics
all
Income
24, 1948, Arrowhead Commodities, Inc., acquired 8,435 shares
of the
T'r
preferred stock at a price of $216.50 per share, being
equivalent to the then call price of such stock.
At the same time,
other
purchasers
acquired
all
the
of
-shares of common stock of American
had
p. 2462.
;•
outstanding
;
13,104
issued
3,000
Fabrics Co.
shares
of
its
and
outstanding
At Dec. 31,
preferred
.
-
The
company
has asked
operating subsidiaries,
igan Electric Co.
Under
the
Service's
(no
rendered
to
the
■
latter's
The
merger
the
SEC
Indiana
1947, the
stock.—V.
167,
par
1,940,699
3,462,100
908,700
798,697
1,040,434
2,861,396
*625,561
957,767
' 2,645,418
$8,114,577
$2,751,982
"286,668
vV 281,533
3,401,245
$3,033,515
•••;
221,565
268,785
$8,179,680
Earned
12
to minority Interests..
preferred stocks.. —u
applicable to
share of
per
'Restated
to
give
$2,764,730
'
162
243,625
$7,701,680
stock—,
$2,520,943
$2.89
' ;r $0.95
.■
reclassification
to
'
-
—
478,000
,
stock—..*.
common
common
effect
adopted Dec, 31.
1947.—
(& Subs.)—Earnings—
profit after
1948
sales
shares
per
167,
outstanding
u
share
common
1947
$7,602,776 $12,473,751
161,917
1,320,253
543,435
546,213
charges and taxes
$0.26
$2,37
2462.
p.
(B. T.) Babbitt, Inc. (& Subs.)—Earnings—
Quarter Ended March 31—
Page
New York
Stbck Exchange
New
York
Stock
New
York
Curb
Baltimore
Boston
(Stocks)
17
(Bonds).
Exchange
29
33
Exchange--...—__——
Stock
Exchange..——.38
Stock
Chicago
Exchange.........———--38
Stock Exchange........—.——.-38
Cincinnati Stock Exchange
Cleveland Stock Exchange.
.39
-39
Detroit Stock Exchange—
.—39
Los Angeles Stock Exchange..
..—39
Philadelphia Stock Exchange.——
40
Pittsburgh Stock Exchange—..——i—40
St. Louis
San
Stock
Francisco
Net
Earned
Montreal
Stock
plan,
200,000
common
now
in
the
Corp.
and
additional
held
of two of its
merger
Indiana
shares
by American
exchange
for
&
Indiana
of
will
100,000
Mich¬
be
sur¬
shares
of
stock.
surviving company will
be Indiana
Exchange.......
41
Exchange—..
42
:—_—,.,—42
—
__43
Toronto Stock Exchange—Curb Section
Over-the-Counter
Markets
46
—.—.—47
Transactions New York Stock Exchange ......28
and
Bond
Averages—
Redemption Calls and Sinking Fund Notices.50
Dividends
Declared
Reserve
Condition
and
Banks
Payable
of
Member
Federal Reserve System
Capital Flotations for May 1948
Ohio
Michigan
Electric Co.'
RR.—Plans Equipment Issue—
•
v*
to
security
'•
•
...
•
;
ing
losses
increased
since
$322,416.
tinuing
of
four
its
In
to
the
A. B. Haneke, President,
debentures will be omitted
company has been
1, 1948 as a result
labor
intimated
on
July 1,
experiencing large operat¬
of declining revenues and
and'materials.
months
after all
on
the
Jan.
costs of
first
The
losses,
holders,
interest
said
Haneke
substantial
to
modernize
capital
expenditures
for
the
completion
its
equipment and facilities."
Mr. Haneke asserted, "have reduced the
company's working capital position to the point where in the judgment
"These
of
the
make
p.
losses
board
any
and outlays,"
of
directors
interest
1918.
"
it
payments
Is
is
reported
on
a
said
that
plan
the
167, p.
inadvisable
appears
on
debenture
Its
for
son
the
July
company
1."—V.
to
the
Reclassification Planned—
stockholders
will meet some time in July to
the capital structure of this corporation.
will be in the form, of an exchange of stock,
reclassify
proposal
2252.*
i
-
.
St. Louis Listed and Unlisted Securities
Edward D. Jones & Co.
jr
1871-
Members
,
3
Established
•
300 North 4th St., St. Louis 2, Missouri
of
50
to
167,
,
Barium Steel Corp.—Stock
It
..........46
—J
,
this year, he noted, have shown operating
inlcudlng taxes and depreciation aggregating
he said, the company "has made and is con¬
addition,
make
program
Federal
Banks
*
,
of
charges
New York Stock
St.
Louis Stock
Chicago Stock Exch.
New York Curb
&
$0.75
...51
of
.....i
—
Statement
letter
a
Mr.
__46
Statement
*
-
.48
..
Rates.
Condition
$0.50
Baltimore Transit Co.—To Omit July, I Interest—
In
It
The Course of Bank Clearings
.
that semi-annual
—V.
General Corporation & Investment News-Cover
State and City Bond Offerings.
..58
$0.61
167,
2462,
p.
vote
Miscellaneous Features'
769,428
1690.
p.
Baltimore &
28
.
1946
$3,831,170
506,925
The
company
plans to send out
invitations shortly for
bids
to
be received about June 23 for $5,060,000 In
equipment trust certificates.
The certificates are to mature in 10
equal annual instalments.—V.
Transactions New York Curb Exchange——28
Stock
1947
$3,604,468
;
share.—
per
—V.* 167,
.———40
Exchange.
Stock
1948
...
$4,234,222
625,834
sales
Net earnings
—
Montreal Curb Exchange
Toronto Stock Exchange.——
Combined
Merge Subs.—
allow
to
Service
par) common stock
Indiana & Michigan
no
1947
2,924,184
...
...
.....
on
Balance
Earnings
'
Foreign Exchange
American Gas & Electric Co.—To
.
tax)—.
_
applicable
Dividends
Stock and Bond Quotations
of
On May
latter
income
income
Net. income
.....
The company announces the appointment of Raymond H.
AS Director of Research and Development.—V.
167, p. 2462.
f
1948
$107,030,494 $71,445,383
87,829,106 *61,615,256
expenses
income before interest charges..^.
Interest charges
»
•'
'!'
'
—V.
Nil
—
disposal
$35,537 in
com¬
(& Subs.)—Earnings—
Non-operating income (net).
Common
In This Issue
Crl24,787
$21,704
...
profit
and
pointed
jsole
Federal
tax
Autocar Co.
Dr$222,519
19,170
American Bosch Corp.—Registrar—Transfer Agent—
>
only debt of ,the
Depreciation,'^retirements and other amortiz.—
Net
$59,465
the
on
Cr7,868
profit
1948
the
Intangible development cost amortization
Depletion, lease amortization and abandonments
167,
1946
1947
*
contingencies.
•Includes
In
1948
$28,904
7,200
Earned per common share
-
"
'
tax
the
on
V. 166, p. 2094.
(& Subs.)—Earnings—
taxes
Federal income
interest
1948, and interest
Quarter Ended March 31—
American Barge Line Co.
♦Net
between
15,
Constituting
operating income—
Costs, operating and general
Net
3
July
1, 1948, to date of delivery.
(without maturity) are outstanding
indebtedness
$2,847,600.
Atlantic Refining Co.
p. 1581.
Net
to
*
'
the
added.—V.
1
from June
1,634,748
\
Atchison, Topeka & Santa Fe Ry.—Orders Equipment
This
difference
the
June
3 Months Ended March 31—
Net
'
1465.
1,
1948,
to
date of
indebtedness accrued from
of
payment will consist of $1,000 Atlantic
unified mortgage Series A 4 V2% bonds, due
plus
from
of
of
March
option,
general
amount
from
certificate
5,025,000
necessary mechanical locking and other electric Interlocking equipment
needed to relocate the continuity track
through Mission Interlocking,
at
schedules with these
Convairs
Mr.
1949,
Flagships
Convair
new
passenger
order
v~
,
Diechler,
used
are
common
per
167, p,
the
_—«...—
the
Gross
-
.
l,>.i
twin-engine
are
They
profit'
-
its
of
to standarize its
expects
of planes
types
balance
The Convairs
I.
comparable
first
the
put
E. 8.
Net
Number of
'V,. With its full fleet of 52-passenger planes in service for the first
time, most transcontinental and long non-stop flights are being made
with
'H
•.
1946
•
j $20,718,808
( 10,340,000
taxes—-A
income
all
1947
accrued
on
1948.
other
RR.
$120
certificates
the
Federal
Archer-Daniels-Midland Co. —Earnings—
$1,000 or more,, two optional plans of
one
option, payment will consist of
RR., first consolidated mortgage 4M»%
ar.d $100 cash, less the difference between
1952,
15,
of
pany, they are secured by collateral deposited with the Safe Deposit
and Trust Co., trustee consisting of Atlantic Coast Line RR. bonds.
An aggregate of $1,254,000 of these bonds is available for the
purposes
of the offer,—V. 161, p. 1763.
Taxes
Net
Capital shares outstdg..:
Earnings per share—
certif¬
:
'
.
Under
mortgage accrued
The
in
1948—4 Mos.—1947
$609,536
>
Line
bonds
interest
July
Coast
Angerman Co., Inc.—May Sales Show Gain of 31.1%
1947
$4,531,910
$2,959,792
taxes^__.
$0.25
Period End. May 31—
1948
$4,987,148
taxes.
income
1,413,600
outstanding
stock split in August, 1946.
tlncludes non-recurring income of $168,757
in 1947 and $121,890 In 1946.—V. 167, p. 1917.
Subs.)—Earnings—
12 Mos. End. Mar. 31—
Profit
shares
on
Connecticut)—Offers to
company
certificates
Coast
certificates accrued
Net
the
offered.
are
bonds,
471,500
$0.36
time
Atlantic
Under
$850,845
254,620
,i
the case
In
payment
$1,000
1946
$608,508
res..,
reserves
limited
a
interest
(& Subs.)—Earnings—
Quarter Ended March 31—
Profit
(of
Offer to purchase Its class A 5%
will make a cash payment of $115
share, plus 62 Vz cents interest to July 15 for each $100 certificate.
offer expires July 15,
per
Co.—Weekly Input—
3,
$5,886,787
1948
Co.
an
.
1948, the System inputs of subsidiaries
of the company amounted to 226,004,000 kwh., an increase of 21,639,000
kwh., or
10.59%, over the corresponding week of last year.
—v. 167, p. 2462.
291,698
profit...
Capital shares outstdg..
Line
company has made
of indebtedness.
For
For
-Earnings—
This
.
,
1357.
Coast
Buy Class A Certificates—
icates
:
355,181
,474,596
...
•Net
Copy
a
MISCELLANEOUS
-
Atlantic
SEC
permission to sell its 7,136 common
in Holston River Power Co. to Appalachian Eiectric
par)
Co.—V.
INSURANCE
-
^
Net
Price 75 Cents
Corporation and Investment News
(& Subs.)—Earnings—
Quarter Ended—
Net
York, N. Y., Monday, June 14, 1948
Exchange
Exchange
Chicago Bd. of Trade
Exchange Associate
•
i
Phone
CEntral 7600
Bell Teletype
SL 593
THE
(2570)
2
(E. W.)
(& Subs.)—Earnings—
1948
after taxes and charges
$114,261
Basic Refractories, Inc.
profit
—V.
166,
share
common
——:
946.
p.
$26,649
outstanding
shares
Common
Earnings per
,
share held.
■
(& Subs.)V—Earnings—
Quarter Ended Match 3L—
Total
$226,238
taxes
(Cr)
*.
M» «* «. 0m
***«.
**
mm
38
351
m
Net
profit
Federal
Net
No,
„
C.
added
earnings for the two months, after manufacturing
"Gross
t
On
be
and
1943
«•
/
..
the
Haskell
Mr.
also
the
In
than
faster
running close
are
year
/all
dividends.
as
Increased
"
quarter
SELECTED
OF
directors
j
-
SHEET
BALANCE
liabilities—
Notes
last
payable,
Reserve
working
-
—
.
—V.
500,000;
l
than
is
it
in
the-
in
cash
the
year."
the
of
inteiest
stockholders
%■'
.
to
J.
late
Vice-President
Joseph
,/it' is-
—V.
167,
2253.
p.
Belden
/%"/ ■'
/
sales
billed—
before
for
depreciation
Provision
for
Federal
Translerred
from
Net Income
taxes
stock outstandingshare;.——- —
per
167, p.
1533,
76,000
265,300
$0.46
$1.43
$0.54
■?
$122,566
$419,476,
291,640
$174,909
'320.614
%/. ■%':
■
■
69,107
Cr33,636
Shares of capital
Earnings
87,000
.
res.
——-
——
81,078
.
166, p. 562.
Co.
'
:r
before
Federal
,
1947
Income
$994,151'
tuxes———
$1,193,373
453,000
taxes
Earnings
j&f
*
!
Net
profit
per
—v.
167,. p,
share-—.--,
247.
•
%
V
•,
'
\
*
"
-
"
>
>
•»
,
,
1
>
<•
1947-.
of common
2,383.100
Earnings
—V.
per
167,
share-—--
common
:
2462.
p.
' /
%•
$0.61
Birdsboro Steel
;/\%
$0.73
Provision
1948
1947
of
General
taxes
Federal
taxes
Earnings
Other
income
$126,797
*$322,089-;
$57,434
Gross
outstdg.
share
Income
Nil
;
______
$0.64- '
Nil
'•
3,7f 0,700
Inc.-
before
and
Net
giving effect to estimated Federal tax recoveries
result of the carry-back provisions of the-Internal Revenue Code
($41,000 in 1948).
■> v.
:
Shipments
with
-
$2,635,995
Unfilled
the
for
first
for- the
orders
at
quarter
of
1948
$1,757,345,
were
correspanding, period
31, 1948, were $6,066,981,
1947.—V, 167, p, 1583..
31,
2,418,141
Dated
and
revenue
Net
compared
1,103^340
378,680
X
4
of
after
at
;
1947>:
%
1948;
agency
SHEET ITEMS,
,
E,
being
3,496,666
2,795,490
$573,903
$576,256
91,341
85,898
$763,839X"
.
59,390
.
Interest
•
;
t,
at
;
,
Further de¬
;,
/
,
;
•
than
less
not
on
days'
3D
bonds will also be redeemable
like
on
notice
and
on
%
„
1= ««■«
,
.
;
.
/
■
<•'
■
JJ
AArt
11®,t"
proceeds having been used » part to finance the company's 1948
in
program to date and in part to retire $900,000 of,notes
1947 to assist in completing the company's 1947 construction
program, and (b)* the balance to be used to finance in part the con¬
the
completion,
extension
or
improvement
the acquisition of property.
<
facilities
1,601
CONSTRUCTION
PROGRAM—Since
the
construction
*
to
programs
and. telephone
keep
with
pace
service?
for construction
the
"x•
745.364.com. shrs.
Nil
,
UMM i
•
'•
'
■
1948
General
etc..
/ '•
income
tax
;
'
Electric
Total
$1,751,776
The
1.493.811
10.285
$3,788,000
705,000
$3,570,000
733,000
.
123,000
.
and
net
for
1948.
provisions
Funds
net
proceeds
the
if
sale,
depreciation
for
x
.
•
Internal
from
approximately $885,000 from
Arizona.
i.e.-
the
that
proceeds from
the
of
of
•
Gross
income
$823,229
other deductions^.
$665,244
255,091
$662,154
244,606
239,760%
'Net
—V-.
Net
Income
Preferred
$568,138
Common
Balance
—V,
;
/ 150,182
136,529
pre¬
construction
$925,000, and proceeds of
certain electric properties in
about
sale
of
$302,962
$173,960'
$171,232
sales
Total
•Net
*
1947
-
$514,441;
profit
After
of
1948
$323,781-
136,077
deducting
all
abandoned well and
Net
1946
1945-
$229,079
$256,746
5,035
21,833
33,434
Black & Decker Mfg. Cot
6 Mos. End; Mar. 31—
•Net
No.
—
1948
•After
shares—
389,2.63
share__
per
charges
1947
i
$2.99
and
Federal
1946.
.
510,457
389,2631
339,263.
389,263
$2.17
$2.14
■.■.x-'- -X
$1.31
••
160. p.
~
1574.
V -
400,000
$0.72?
x
$0.85
?
..
.
...
.....
.
1
after
earns,
per
$1.74
$1.00
pfd.
; 1946.
$3.58
XX
$3.50
V"
EFFECT
12,
*
;
.
FINANCING
PRESENT
TO
market
upon
/ /
/'Authorized
•
(par
1, 1978'
/"' Outstanding'
$16,000,000
10.000,000
$50)
104.963 shs.
104,963 shs.
60.000 shs.
$1%
60,000 shs.
$1,357,089 shs.
2,500,000 shs.
National
1944—$54,825
44*592
500.000 shs.
,X%
maturities
America
2,500.000
4,500,000
99,417%
stock
(par
varying
of.
April
;v
dependent
financing
stock____
pfd.
cum.
Bank
-•
j
GIVING
1978, due June
pfd.
*2V2%
.....
of
1976, due June 1; 1976 $16,000,000
stock
Common, stock
but
due
Trust
retired
not
and
later than. Dec.
Savings
31,
1950. to
tDated
Association.
through
April: 30, 1948—balance pay¬
able on Jan. 2 of each year for live years^ In
approximately equal
payments.
$10,200 shares owned by company's wholly owned sub¬
sidiary, Hydro-Electric Securities Co.
x
; x
134,700,206 110,306,278 $64,758;13g
12,613,476 % 5,049:983
share?.____
due
cum.
*$1.36
,
""After adjusting, the number of shares then
outstanding for the
two-for-one stock split in July,. 1946.
$Also after increasing inventory
reserve
by $1,000,000.—V. 167; p. 2026.
/ s
:
HISTORY
Dec.
ware
changed
The
390,423
**""
series due
$3
Burroughs Adding Machine Co.—Spent $2,500,000 for
Expansion
in
First
Five
Months — Backlog
Now
$77,000,000—
// • //
'..
xx; y;;;>'
$4,756,435
679,420
series
Cum.
chgs. and taxes___ $13,105,443
common
X
types
bonds:
mtge.
3%
■v:'''
■
f
Expansion
the
r
and. improvement
expenditure-
of
activities
approximately
this
of
$2,500,000
company
during
to
AND
12,
1914,
California
company
transmission,
served
BUSINESS—Company
is
covers
4 The
together
"Nevada-California
as-
Electric
engaged
distribution
extensive
incorporated in
Electric Corp.";
was
Power
principally
and
sale
in
areas
Nevada.
communities
but,
with
Co.
served
surrounding
of
in
in
1941.
the
electric
generation;
California
and
* "
territory
sections
also
small
in
-
demands
resulted? in
the
first
(Gontinued
five
on
page
8)
*
>
Publisher;
Monday],
Company.
HOli"
.
TThinn
On
*iK
account
~nn
of
XX"mc
the
yCar;
unite
new;
i«i&,
in.
iuuuei
me
Act
Dominlon of Canada, $38.00-per-year. -Other Countries,
fluctuations
jjusi
in
the
rates
of
exchange,
remittance
for
foreign
oc
rviarcxi
3,
1879.
$42.06 per year.
subscriptions and
*
Subscriptions
'
" X
be
United
"
"
advertisements must
in
-
made
in
States,
New
York
Possessions.
funds.
Territories
and
Members
of
population,
substantial
afford
areas,
name
purchase,
The
energy.
are-relatively
Dela¬
.
and
American
■'
will
x.'X"
financing
existing from time to time.
•Promissory
notes
._;
t3'/2% instalment .contract.
,
1947'
3,364,844
FederaL taxes
Earnings
—V.
;
'X
247.
these
of
more
3%.
,
1943
an~d
share
common
400.000-
additional
that
<
(
taxes.
Sales
profit after charges
per
share?.
p.
167,
Earned
CONSOLIDATED EARNINGS FOR THE
QUARTER ENDED MARCH 31
Net
per
Net
$8,222,745
835,050
$340j229
.
etsimates
company
conditions
//:%;x<
First
$2.50
1945-
$3,254,347'
$293,042
outstanding_-_w_^_„___i
Sales
845,407
75,000
Burlington Mills Corp. (& Subs.)—Earnings—
6 Months Ended March 31—
1948
*x 1947
' /
as
),259,898
274,195
;
.
1,167,102
—_
of capital
Earned
Earnings
(& Subs.)- -Earnings
$11,827,887-
(
profit
1948,
profit
—v..
Including depletion, depreciation,, cost
leaseholds, and estimated Federal income taxes.
.689,424
248,810
>
reserve
Common, shares
charges,
profit per share totaled 40 cents in the first
quarter of
against 10 cents in the same period in 1947.—V.
167, p. 1466.
Sales
Net
631,852
;
taxes
or
other
$3,299;416
go^OOO
income
Inventory
the
CAPITALIZATION,
$4,539,590
___—
one
and
7% 1947
1948
1949,
required for approximately two-thirds of the estimated expenditures
for.that-year. The additional financing may. be effected through\banlc
loans or by the sale of bonds, debentures or stock, or a combination
Subs.)—Earnings—
*'•"
to
to
re¬
include-treasury
sources
be
of
Bishop Oil Co.—Earnings—
income
$0.15
1919.?,.:;;///'// ?•;/
167, P.
Income
Quarter End. Mar. 31.—
$167; 634
$0.22
Quarter Ended March 31—
167, p. 646.
Gross
/. $240,106
1,094,456 shares
Buffalo Bolt Co. (&
Net
/'• /
_
109,787
163,834
dividends
101,342
on
$417,548
101,342
dividends
$425,484
As
income
Per share
of
sale
new
sufficient
be
XXv. ■:•/■■
■/.
the
from
made,
plus funds from internal sources will
bank loans and to finance the estimated
all
funds,
.;/ y 104,292
the
stock
quirements
$271,926
158,485
anticipates
company
"retire
$4,426,000
$4,701,000
_.
bonds
new
£13*961
„
248,000
'
$398,591
—
Federal
275,000
—
208,000
S
1947
$257,965
:
850.00O
2,384,000
Ice
$388,306
X
$88,000
629.000 ;;
2,778,000
—
Telephone
X X?
ferred
f
.
1940
$106,000
X.
Distribution
% Total
■
%
Estimated
1948
Production
'
x'
ex¬
$1.12
-
-
cash
consolidated sub¬
>/-//:•;;>/Z.xx/'Zyzl/ZZVx%
Transmission
$837,217
$0.28
that
are
by
Construction Expend.
413,367
$211,614
for
demands
greater
indications
Present
the company and its
sidiaries- during 1948 and 1949 will be as follows;
$1,250,584
340,946
company's
war.
an
11,430
$552,560
the
the
of
end
there has
unusually large increase in the rate of growth of population,
industry, agriculture and.? commerce in the company's general service
area, and this growth is continuing.
As a result, the company and Its
subsidiary, Interstate Telegraph Co., are now engaged in relatively large
been
$1,239,154
•
of
or
_
Interest and
,•
construction
25,844
362,301
income
for
As
—
part, at any time prior to maturity at the
the regular redemption, the initial redemption
w
167, p. 2130.
Total..*.~«_
Provision
President,
due June 1, J978. Interest payable on June, 1
of company in New York or at office cf trustee
in
or
104 Vb:
penditures
$550,959
*$500,834
income,
Dulin,
S.
PURPOSE^The net. proceeds? will; be Used for; the following purposes;
L'.
^,v;
1946'
4,083,962
increase "of
an
1952, through the-operation of the* Improvement fund
special redemption prices, the initial special redemption price
101; plus Interest in each case;
; *
electric
Drl.916
income
Operating
4,549,355
1,704,876
2,731,734
show
j
$677,595
June? 1,
the
903,353
"$136,617
Buckeye Pipe Line Co.—Earnings-
,
:
MARCH 31
$780,976? x $584)160.
7.739,826/; 6,362^79/
Bonds will, be? redeemable
company
600,800
%%x ;/■
$3,371,746
$0,54
..
Co.
$2,500,000 first mortgage bonds,
offered
F
l,
at
price being
547,366
*$138,533
on
$0.43
.;
.
year,/.net; billings
this
1945
$204,582
Power Co.—Bonds Offered
issue, of- June 7 Hhlsey, Stuart,
our.
Denver, Colo,,
notice, in whole
115,800 ;V
Quarter Ended March 31—
$4,070,569
earnings
.
1
974,220
taxes«___,__
income
* Deficit,—V,
with
$4,847,801
^
income
,
BALANCE
$0-62
*
3,615,414
In
445,540
:
Transportation and other operating, revenue-—
$1,996,074
Operating expenses and other charges—
% 1.607,768
1948
Operating expenses and taxes
Other
June
Dec.
option
>1,937,143
-
■V
deductions
Earns, per sh.
/
Birmingham Gas Co.—Earnings
12 Months Ended March 31—
Operating
5'/'
taxes,
'
1946
378,680
378,680
Electric
June
on
..
601,145
(net)
compared
1947,
of
March
$3,607,958- at March
378,680 " '
$1 23
quarter
tails follow:
„
"Loss,
$77,000,000.
$162,850
-
3% series due 1978 at 100.99 and interest:
2,437,291
416,969
$0,29
aa-a
five
52%-
unfilled
of
V„
*
,
Electric—
*$108,811
per
common
first
California
1946.
$8,136,494
2,857,386
Operating Income'
1945
1946
,
;':X:
/ 442,870
:
profit after charges
and
/•
**«**,
the
mentioned in
-
light oil plant
income
higher
.
first
1948—5 Mos.—1947
over
42.8%
the corresponding period of 1947,
reported; to, stockholders.-—Vt -167, p. 248.
x
$8,797,935
$10,482,273
residuals produced^
5,453,698
depieciation
Amortization
X
1947
761,597
for
backlog
approximately
1947
liabilitiea
For
struction,
i
1948
Maintenance
Foundry & Machine Co.—Earnings%-
Quarter End. Mar. 31Net
$1,456,621
2,000,110
$0.70
.
Other operating expenses,
1946
$1,553,159
Fed, income taxes.,.$1,767,856
shares outstanding2,383,100
1
revenues
less
the
increased
issued in
Quarter Ended March 31—
Production
%•
1948
,
Current
company
Operating
at
48%
was
over
has
Burroughs'
$467,283 it $235,968?
share
per
Current
Brooklyn Union Gas Co.—Earnings-
$1.53
x
(& SubsJ—Earnings
1948
Net income after
No.
$1.27
//'/%', .jr'-'*??-'
Beneficial Industrial Loan Corp.
Quarters Ended March 31-r-
"•••'
u—
'■/':.// s
■
462,375
462,375
outstanding—X—w---
common
Already
$10,776,984 $10,588,147,$60,385,189 $53,409,309
,
$740,373
$616,151
—.
shares
Earnings
1948
62%
employees
said.
.•Cash
—V. 167, p. 2130.
Common
of
and
of
1948—Month—1947
;
/'' "•After charges and income
<, /
:
373,000
Federal
income
?■
1948
Flym-
Brothers, Chicago—May Sales Up 1.8%—
profit :-X—Capital shares oulstand,
share
per
x
The new contract between Willys-Overland and Briggs will reestablish
a
iCltivlUUbiUF
relationship that gUcft back more than 20 jCltlUi. DCgUlUuIg iu
l/llwt
goes
UdttV
years.
Beginning in
1925, Briggs manufactured body parts and, bodies for.
Wi!lys-Overl?nd
at intervals
until
World
War II stopped
production In early; 1942,
Bell & Howell Co.—Earnings—
Quarter Ended March 31—
months
year,
valued
was
•Net'
Willys-Overland
New
from the Meldrum Plant.
Profit
cents
,
—
in early August.
Byron Jackson-Co.—Earnings— r.
.
(est.)-
contingency
267,673
251,000
109,730
r_—.
$2,878,552
O':
751,554
Coleman
1948,
31,
five
last
number
Quarter End. Mar. 31—
wilf become a major supplier of Wlllys-Qyerland
Inc., with the production of station wagon bodies and body
stampings and parts for trucks and other vehicles;; Shipments, will1
begin August 1 from the Briggs Meldrum plant. Announcement of the
new
contract was
made jointly- by James
D. Mooney^ President of
Willys-Overland, and' W; D. Robinson, President of Briggs.
Fifty percent of Briggs production for Willys will be builtup bodies ;
for the Willys jeep station wagon and station sedan. The other 50%
will be knock-down panels, floor pans and doors for the Willys panel
delivery, instrument panels for the new jeepsters and doors and sup¬
porting members for the two^wheel and four-wheel drive trucks.
v
The
announcement- adds
that
the
manufacture
of
the
built-up ;
station wagon and station secfan bodies will reach a rate of. 250 per
day. They will be-trucked to Toledo by, commercial carriers. Various
stampings for Willys will be made in the press rooms of the Briggs
Mack and Outer Drive plants but built-up bodies will be shipped only
1946
1947
$4,662,367
338,002?
dividend, of; 25
a
announced
This
/%x%y.'Y-XXx/xxx
1948
$4,829;726
——
depreciation———
Provision
—v.
%
elected President,
March 24, 1948.
Motors,
Manufacturing Co.- -Earnings—
3 Months Ended March 31—
Net
Income
-
16, last year;—V.
Contract—
$4,238,285 $16,873,458 $17,340,650
.
away
.
1948—5 Mos.—1947
1948—Month*-1947
$3,858,401
—
—
declared
BriggSv Manufacturing
(A. S.) Beck Shoe Corp.—May Sales Off 9.%—
Period End. May 3L—
Sales
has been
that • this- company has purchased 15,000/ shares
its 6% prior preferred stock.—V. 167, p. 2252.
*
head-
Pa., has been elected" a director to succeed
Hutchinson.—V.
167, p. 1254.
y\;i .v /■',,/•
R.
7
at:
—V. 167, p. 2253.
Valkenburgh, who passed,
June
on
of
Botany Mills,. Inc,—Buys-.15,000 Prior Preferred Shares
with
Eastern District
the
of
formerly Vice-President,
Van
May
first
the
Mr.
SELECTED
;
Pittsburgh,
in
quarters
the
Claxton,
J.
directors
Dec.
and
New Director Elected—
Alvie
W.
construction
167, p. 2463.
Butler
-:"r../v;/.
Redmond,
levels,
Sales
the $2 par value cap'tal stock, payable out of earnings on July 1
holders of record June 21, A. like amount was disbursed on Aug. 20
on
to
share
a
J,
succeed
The
business, and not to pay out?' in
which, was paid during; .the
the
$2.50
to
on
the
period
while
Period End. May 31—
;
10,073,540
Blue Diamond Corp.—New President—25-Cent Div.—
N,
plant: under
new
ready for occupancy
for
same
1941,
947.833
•
;.11,2Q2,006
—V, 167,.p. 2252.
(
t
1,500,000
—
the
of
prewar
orders
8,838,968
2,500,000
—
the
4,790,768
3,816,644
—
not* current—#.—i
for
contigencies
sutpluj
Earned
over
—14,290,59916,332,172
-
—
wouldi be
production
for
months-
3,153,411
4,629.623
that
out
Shipping Department.; the installation of a. new loading
hydraulic "load levelers," a new centralized employee hos¬
and, improved restaurant facilities.
Unit
than
1947
6,070,699
—
are
as
the
to
-
—
assets
Current
with $12,000,-
receivable.
with
pital,
•
$19,360,954 $21,498,329
—
-
Current
"There
that
working
more
fiscal
last
feel
needed
retain
.
——
Inventories
possible in. the businessj (1) A lot of equipment must be
replaced and the cost of the replacement is( more than twice what
it used to be;
and (2)' the company must maintain the necessary
Inventories necessary for peak operations.
In view of this situation,
dividends
such
Mich:,
compared with%xchines
as
cash
the
accounts
completed more than a month, ahead of-schedule, an jjntire new; floor
in the Detroit plant will be devoted to painting operations. "
Other improvements are the enlargement of the main plant power
facilities, extension of'the conveyor svstem to transport D.nished-:'Madock
Cash
the $200,000,000 rate,
are compelling
reasons, for retaining
to
said:
in
up
outh,
341,639/
,.f?,'■■•%/ Nil 1
"■*
.
1943
*$226,909
$2.01
1948
few years, prices and
capital.
Sales last year
of over $180,000,000 were handled with a working capital of enly a
little over $16,000,000.
Sales of the first two months of the fiscal
earnings
have
volume
,
341.639 ,x.f
.;
—
new
buildings, machinery, tools
being used to finance inventories
these," he said,
"emphasize the* necessity fjor
Buroughs to have very substantial earnings, and,, in the interests of
both stockholders and
employees, to continually invest a large part
of those earnings in the business."
r
Reviewing the progress of the company's expansion prdgram, Mr.
*$226,909
$742,209
$1.85
for
STATEMENT
—
,
,
342,303
—
*
assets
for
now-
necessary for our current production rate, as compared
000 before the war.
Another $2,500,000 more than in
454,000
'«
1
•
has
"Factors
1946
in
cash
and improvement program.'.together with increased
imposed financial* burdens heavier than at any other
Burroughs' history," Mr. Coleman said.
in
tied
1947
$1,196,209'
,
$633/650
.
.
—
$6,451,879
were
10
,
expansion
"Ii\ addition to expenditures
equipment, $20,000,000. are
*
ITEMS, MARCH 31
Total
do
of
60%
time
June
on
consecutive
..
and.
subsidiaries)
•
■*'
sales
188th
the
«
prewar years
386,000
—
CONSOLIDATED
question of dividends, Mr. Haskell said that the directors
glad to pay more dividends if they thought it would be
so.
In prewar years the company could safely pay out
the
to
"This
ACCOUNT
INCOME
Jv—.
share
per
accompanying
.
production,
$9,108,023 for the 1947 quarter,
packaging costs, were higher, but expenses during this period increased
the same amount.
As a result, percentage of profit on sales
declined from
last year.
Net earnings for the- two-months period,
however, were slightly ahead of the same period of last year."
safe
a
fox each
*
*
.
almost
would
effect
to
stock
common
$1,019,650
shares^
common
Net
Haskell, President, at the annual meeting held June 1, further
H.
-
domestic
profit
of
"Loss.
1947
1948'
$29,821,000 $27,295,000
April 30—
-
of
stockholders
Coleman? pointed
Beatrice Foods Co.—Current Sales Up 9.25%-
__
3, last.
chargestax provision
Earned
Two Months Ended
of
holders
May
Unci,
Nil
$0.09
Earnings per common share-—————«
—V. 166, p. 1042,
.
/
/,%•' •
Sales
to
after
573,228,
573,228
outstanding—__
shares
Common
3
Quarter Ended March 31;—
*$20,990'
$103,381
_—
,
shares
to* 1,000,000.
share
a. regular? quarterly
diyidend of 50
outstanding shares of common stock,
record July 12.
Like amounts, were
CONSOLIDATED
Net
'
Aug;
paid on. Feb. 2 and
33,657
—
interest
Minority
"additional
1948, John S. Coleman, President, announced
to
t
If'approved, the common stockholders of. record
the 342,303
on
53,159
'Interest'
Income
800,000* shares
one
of
letter
dividend:
$65,475
63,845
—
—
—
months
The-directors declared
share
per
payable
1947
59,049
income
Monday, June 14, 1948
July 29 will consider Increasing the authorized
on
from
Aug* 10
cents
1948
stock
tworfor-one splitrup;
will receive
$0.v7
,
Bausch & Lomb Optical Co.
CHRONICLE
Bliss Co.—Plans 2-for-l Stock Split-Up—
stockholders
common
2/?™
$0,33
—
FINANCIAL
&
a
The
Quarter Ended March 31—
Net
COMMERCIAL
Other
Reentered
of
Pan-
rMKtanMlMM
Volume
167
Number 4707
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
The Capital Flotations in the United States
Corporate emissions for the
month of May footed
up
second smallest monthly total this year,1
a
decrease of $234,468,668 under the
April figures of
$612,638,292 and compares with $531,164,539' reported for
were not as large as in
previous months of this
such placements however play an
important role in
corporate financing. Comparative figures for the earlier
months of this year follow:
Of the month's total $374,080,874 or 98.9%
fell under the "new
money" column and $4,088,750, or
April;
preference
stock
Co. for
January
a
Gas
first
Co.
mortgage
Capital
$
January
:
;
February
r
2,590,000
;
14,091,516
594,606,395
—
bills
36
1
TT.
1
44.7
'•
.
Capital
May
6.
s
*
-
;
;
for
i
'
562,425,792;
—
r
30,923,566
211,267,388
450,548,250
310,723,947
139,824,303;-
751,977,258
274,583,073
374,080,874
612,638,292
4,088.750: ^
'376,314,120/
278,169,624211,666,667
/
—.
% 47.616,401!
1,026,560,331
310,497,872
311,789,477
—1----
i
Total
-
$
119,204,001
-
'
-—--
'»?'■
J;;' C,-y -W v"-
*'v.V;
;■//
July—*
tJ—-—:—
1,106,589,'565: | 611,519,659
•:
>
436,672,668
1^18,105,224
-i.—.
392;762,791
682,652,434
671,103,991,
859,737,519
350»651,431
Ota
-V"'
1,104,872,512 2,112,254,269 3,217,126,7817
•
■
1
(
•
123,226,2551
606,543,042
147,461,407 j
304,261,824
^367,632,081^ 104;757,061
{
122,187,231
380,544,595
v 171,098,753
•317,440,678
369,051,533
451,493,579'
for
Notes
820,545,112
'j,*:)
■
•-
146,341;925
:392,874,893.1,291,349,461
907,782,367
'
1,278,977,625 4.036,019,916
Total
t
702,592,565 1,610,374,932:
•
for
270,684,761
73,168,350
'
84,068,960
554.347,159
589,877,742
86,315,940
676,193,682!
83,126,999
1,009,294,814
|
691,223,683
113,297,492
:>'•
for
Total
804,521,175
May 13; announced an;offering of
Treasury Certificates of Indebtedness in
exchange for the Certificates of Indebtedness of Series'
above
the
;
Treasury
May confined its operations to the
usual
Amount
Dated
Due
! -M!-:,
;
fy '-.J.' K
26
2
Jan
Jan
9
Jan
15
days
91 days
Jan
13
Jan
22
91 days
Jan
29
91 days
Jan.
23
19
'
!
90 days
8
Jan
91
1
1 year
Jan 1-31
Jan
Jan 1-31
Jan
12 years
Jan 1-31 Jan
2 yeais
1
10-12 yrs.
•*
May $4
May 27
May 1-31 May
Accepted
'
$
-:
I Price
Yiield
770,153,343 .!
9,824,000
143,294,800
•0.950
•0.976
•0.981
notes
l'/»
1
99.748
*0.998
1,005,625,000
99.748
,
rate
30
1,003,841,000
99.748
91 days
1,769,487,000
903,224,000
1,524,512,000
1,460.777,000
1,537,578,000
1,000,348,000
1,000,528,000
1,105,989,000
2,189,290,000
Feb
6
Feb
13
90 days
13
Feb
19
91 days
91 days
99.748
*0.997
432,148,487
432,148,487
1,322,000
2 years
j
Feb
17
Feb
20
Feb
Feb 1-29
Feb
Feb 1-29
26
i 1 '!'!.■
l
2,189,290,000
10-12 yrs.
12 years
Feb
:i year
: ;%
b
f
System,
\:;yy.y
2
yjears
*0.990.
bank, discount
USE
Type of:
Dated
■
: Security;
Mar
5
Mar
4
basis,
OF
Insurance
Mar 12
b
,
Mar 19
Mar 25
Accepted;
111,122,600
a
'
l;107 232,000
99.748
1,008, 654,000
99.748
1,687, 554,000 100 :
Mar
1
I year
1,818,856,000
1,687,554,000
Mar
1
1 year
%. 897,772,000
Mar
Mar 1-31
for
.
Mar 25
Apr
1
2
Apr
8
Apr
9
Apr 15
16
588, 136,359
>1,579,000
i 579,000
100
120,185,400
120 185,400
1,691,144,000
1,655,442,000
1,001 226,000
1 year
1,054,456,000
1,054, 456,000
Apr 22
91
Apr 29
91
Apr
1
1
10-12 yrs.
Apr 1-30 Apr
Total
for
1,200 262,000
1,205 442,000
1,474,034,000
Mar 22
Apr 1-30 Apr
Apr 1-30 Apr
1,983,758,000
1(793,333,000
days
days
days
Apr 23
9,824,000'
143,294,800
9,130,337,143
f
a
!
:
114 lVa
I,!:
'
468,380,845
1,006, 487,000
1,005 649,000
!' !.
%
Fund,
Postal
Service
Corporation,
+Net
and
retired.
,
Than Five Years)
,
>
;v
!■!
!
8,203,540,000,
equipment trust certificates, series
1949-1963.' Purpose, purchase pf
K.' due annually May
and
Lehman
4,800 000 Reading
2,057,000
i
Mee.ooo*
,
due
-
l,
Brothers.
2%
Co.
•
equipment
trust certificates, series O,
jsemi-annually Dec. 1, 1948-June 1958. Purpose, pur¬
chase of
equipment.
Priced
to yield from 1.20% to 2.40%
Offered by Kidder, Peabody & Co.,
according, to maturity.
V.mf:
and
Dick
'*!'-'
11,100, ooo Southern
770,153,343
9,824,000
J-
.
equipment. - Priced: to yield from 1.50% to 2.90% accord! ing. to> maturity. Offered by Harriman Ripley & Co.,
Inc.,
&
'
Merle-Smith.
; ■'.
'».,
Pacific! Co!.
*•
'■■•■!' %
v
1"! ';
:■
equipment trust certificates,
Purpose, purchase of equipment.
,
.
.
*
2V8%
due
May tiy 19^19-1958.
Priced to yield froni 1.40%
to 2.50%
according to ma¬
turity.
Offered by Salomon Bros. & Hutzler; Drexel &
Co.; 'Union Securities Corp., and Stroud & Co., Inc.
!
'
.
}-
s
1,003,366,000,
1,002,890,000
a!
■
143,294,800 V
91
926,797,143-
day Treasr bills
224,000
903,224,000
! 903,224,000!
13
90
day Treas; bills;
1,000,348,000
1,000,348,0001
91
day Treas. bills
day Treas. bills;
1,000,528,000
l,105,989,000i
1,000,528,000
1,105.989,000!
26
91
1
Ctfs.
Feb?
l
U.
Feb
j
Feb'.!!.
of
=
indebt^—
S.
Savings bds.;
Depositary bonds—
Tax
Antic'n notes.
b
♦0.996
*0.997
99.748
*0.998
99.748
*0.997
99.748
*0.997
100
IVa
-
468, 380,845
a
847,000
847,000
100
128 814,100
2,189,290,000! 2,189,290,000;
607,303,811; •
PUBLIC
i
542,000?
i
111,122,600',
;
_
-
a
Total
for
February
91
day Treas.
6.918,347,411) 6,199,379,000
bills
542,000
111,122,600
91
day
91
day Treas.
91
day Treas. bills
Mar
1
Ctfs.
of
indebt
Mar' 1
Ctfs.
of
indebt.—
897,772,200
897,772,200
Mar
1
Ctfs.
of
indebt..—
961,646,800
961,646,800
Mar
1
Savings, bds.
588,136,359
588, 136 359
1,579,000
1, 579 000
120, 185 ,400
-U.
S.
Mar
Depositary bonds—
Mar
Tax
100
Total
for
Antic'n
March
notes.
1,107,232,000;
1,107,232,000
1.008.654.000
1,008,654,000
1,687,554,000
1,687,554,000
120.185,400
8,575,191,759
7,865,291,000
:*
bonds, series;. A, due
1973.
Purpose,
refunding
($768,000); ^pay notes and defray cost of construction
($1,482,000).
Placed
privately*
•Represent issues placed privately,
V
s
i (Continued
'
In the
Mar 11
Mar 25
bills
'
3'/4%
flndicates
on page
special
offerings.
6)
718,968,411
1,101,402,000 ! 1,101,402,000
1,161,030,000! 1,101,030,000
Mar 18
Treas.' bills
"
607,303,811
'
4
UTILITIES
}*$2,250,000 Bridgeport Gaa Light Co. 25-year general & ref. mortgage
ii!/ !.';!;■■
2 !•••!!!
;
99.748
128,814,100
)
•:
99.748
2 years
7,071,563,945
5
Mar; 4
12 year3
April
!
Febi
lYv.,
8,575,191,759i
91 days
91 days
Depositary bondsi.notes-
;
590,718,000
Tax
Insurance
Corporation...
National
»..
Ne,w :.!! '<
1,303,754,000
770,153,343
Feb
*0.996
••
.
100
91
1,301,348,000
2,590,718,000
.
".
4,035,000 Long Island RR. 2%%
! !
1,001,464,000
day Treas. bills
Ctfs, of indebt
Deposit
Insurance
Fund,
Indebtedness
$' ■.{
1,002,890,000
1,001,464,000
U.: S, .Savings bds.
Antic'n
Federal
Loan
Insurance
-
.-!///
->!■
1,303,405,000
1,305,'222,000
1,003,366,000
1
Feb
>'!
! 961 646,80ft 100
588,136,359
March
Apr
Apr
,772,200 100
12 years
2 years
Mar
Total
961,646,800
.897
10-12 yrs.
Mar
Mar 1-31
1
•
;/
Feb .19
*0.996
year!
bills
bills
Life
$24)385,000
1,935,941,000
1
Treas.
Treas.
91
Account.
1
•
,
Comprised of three sepa¬
Refunding
i
1
Feb
*0.997
18
Mar
29
certificates
Trust
$4,450,000 Chesapeake & Ohio Ry. 2Va% serial equipment trust cervV tificatesi, due May 15, 1949-1958'.
Purpose, purchase of
I !/' equipment. ! Priced to
yield from 1.50% to 2.50% accord-!;
"v
! big. to maturity.-Offered
by Harris, Hall & Co.'(Inc.);
'«
>,'li.ii;
/.;% Blair &
Co., Inc.; Equitable Securities Corp.; Phelps,
; Fenn Si ,Cp.; iReynolds & Co.;" Schoellkopf, Hutton &
Pomeroy, Inc.; Bramhall, Barbour & Co., Inc.; Weeden
■v
' '
&'Co., Inc.; Hayden, Miller & Co., and Rand & Co.
i
99.748
18
18
day
day
Jan'22 ' 91
and
yf
■
1,
Feb
Feb
91
Total for January-
Feb
Mar 1-31
day Treas, bills
day Treas. bills
91
15
;v
1,632,292,000
days
1
'
fan
1,796,385.000
91
8
Jan
notes;
Insurance
RAILROADS
Total Amount
;
ran
•
91 days
91 days
Mar 18
90
Fund,
Savings
FUNDS
Jan.
01 dayr
Mar 11
2
Age and Survivors
4,598,100,787
Jan
♦0:996
99.
WSy,,
27
367,647,000
and
Unemployed Trust Fund
During May, 1948
,r
ran
Total! for February—;
Feb
403,715,000
Long-Term Bonds and Notes (Issues Maturing Later
,
»
i
Old
Goverhment
■
10-year maturity, are sold on a
; series F have; a 12-year maturity,,
basis, at 74-, and yield 2.53%; and series G
have ja 12-year maturity, are Sold at 100, and bear 2
Vz '/o interest,
b Comprised of separate
issues, designated Treasury notes of tax series
C-1947, C-1948, C-1949 and C-1950.
Series C earnings about 1.07%.
(
♦0.994
99.748
121,550,000
Details of New Capital Flotations
2
discount
a
to. Federal
■
series, of which series E have
basis at 75; and yield 2.90%
-
■607,303,811
542,000
Feb 1-29 Feb
a
141,904,300 100
141,904,30^
—
on:a
'
'
a
1,322,000 100
flVe'monthJL!*!—^——. 36,293.541,045
sold'on
Jan
99.750
99.751
59,025,000
1
Service
*0.9974
1,107,810,000
a
9,130,337,143
5
Feb
Jan
130,575,000
771,362,000
May_.J_„
*
discount
are
Jan
January
Feb
■
1,727.980.000
S
Total for
%
1,642,607,000
-S
2
i
124,000,000
+2,550,000
*0.998
<
days
12 years
■
143,294,800 100
58,025,000
we give complete details of the
capital flota¬
during May | including every issue of any kind
brought out in that: month.
Yield
'
770,153,343 .
a
9,824,000 100
'
|
'■'■Jr.
♦0.952 V
♦0.99(1
905,450,000
1,474,243,000
Total for May
TbtaFfor
j'•
1,491,549,000
i
Jan
125,000,000
.55,575,000
'.
■
Below
Price
91,days
•Average rate,
1,303,405.000
99J762
1,914,793,000. 1,305,222,000
99.760
1,447,250,000
1,003,368,000
99.753
1,539,292,00(f 1,002,890,000 99.752
1,546,942,000 ,1,001,464,000
99.750
2,590,718,000
2,590,718,000 100
1,000,000
W
tions
Accepted
10-12 yrs.
May 1-31 May
weekly sale of
91 days
91
May 20
May 21
May 1-31 May
Department; in
1,635,902,000
+70,523,000
■/;
i
sales of special, series certificates
Adjusted Service Certificates Fund and
to
Life
Amount
Applied for
91 days
May 13
Amount
Applied for;
1
Dec
Dec
;
'fifoy'i®! !,
|7
May
STATES. TREASURY FINANCING PURING; 194#
Jan
Jan
Amount
DatedDue
■
Treasury bills, Savings Bonds, Tax Administration Notes
arid Depositary'Bonds.
t Date
+ 19,523,000
156,755,000
for five months
Savings
'"••
Ap^ so:
E-1948 maturing June
1, 1948, in the amount of $1,777,142,000, and the Treasury Bonds of 1948
maturing June
15, 1948, in the-amount of $3,061,851,500.
the
105,755,000
)
»
•Comprise
3,564,441,065 3,087,628,616 6,652,069,681
Dit<r
Offered
on
of
+51,000,000
86,232,000
25,360,000
Retirement
Fund, Foreign
Service
Retirement
Canal Zone Retirement
Fund, Alaska Railroad Retirement Fund,
4>,752,435,028 1,522,096,504 6,274,531;532
one-year 1%%
Offered
-j
,
April
ly"'.'
and
Treasury Financing in May
UNITED
*
■.
'
s
?
—
-
Federal
Outside
80,065,000
86,232,000"
'
'
-
■"••■:
.
"£.•*' ■'
Civil
;
61,360,000
343,853,111
quarter-.:
The'T^
t36,000,000
29,065,000
51,000,000
j
--,///■,•.
sold
tRevised.
51,000,000
105,425,000
Certificates
•'
470,278,199
Twelve months
15,000,000
90,425,000
L */..
May—
2,012,654,879 2,814,846,834 4,827,501,713
674,870,543
926,167,815
Fourth
98,591,000
■
598,947,62$ ;/ 75,922,920;;.
December.
43,680,000
March
•';
"
Total
October...
November-
5,741,000
142,271,000
Notes"'-.w-.i«;i.——
2.757,041,391
92,850,000
'! j,/!
-f-1
'
Nine months
„
150,000
43,530,000
f
April— :v„
;•
'472,389,142'
-
93,000,000
49,271,000
v
....
Certificates
'
896-,474,568
163,669,000
192,669,000
<
'
-
-i.—-c
22,190,000
793,083,035 1,414,518,213 2,207,601,248
258,-357,364
—
29,000,000
e4.190.000
i—
:!■ March—i ;
V <■.'/
•-•
Third quarter
v
$
42,000,000
Net Issued
256.859,000
665,211,295';
■
4 156,800,417
,
8
; 185,859,000
—i—T
for January..
Total for February
.,
483,316,787
:
September—<
Retired
February—
.
AugUSt
*
FINANCING
71,000,000
Notes
697,736,056 1,009,525,533
v 314,559,864)
i
.
:
•
*INTRA-GOVERNMENT
;
Total
318,978,811,
188,633,528
1-1,858,566,823 4 686,102,732 2;744;669;555
;
———
*
.
Notes
253,874,054
271,362,410'?
Total
Six months
ft* V'
3,549,104,045
f
.Certificates
\,
\
36,293,541,045 32,744,437,000
monthsj.
January—
289,889,643
'
531,164,539
-518,608,776% 213,807,3?T> '732,416^105
Second quarter—;
141,904,300
587,989,787
(■' >—
t
U
„—
$
Refunding
129,503,023'307,169,645
78,21^,460 : -454,528i580
;
•;
1
3,313,000
1,621,000
432,148,487
1,322,000
4,010,111,000
-♦1946-
New Capital
v $ *
•
691,647,936
50,212,50®
'
4,598,100,787
.v
\
;
.
Notes,
:
■1
.*■
1
^
i
June
<
May
'.
for; five
;
432,148,487
' ' 1,322,000
141,904,300
notes.
5,425,000
1,000,528,000
1,106,189,000
Issued
Total
113,723,05f 1,619,059,614
1,505,336,557
May..
;
Antic'n
-•
•
2,256,000
<
19401
-
;. $■
180.343,822 .fi
f r
;
' f
$
103,335,204/ 364,744,693 ! 134,670,053:
260,909,489%
L'
i
.
605,447,945
903,194,000
1,000,200,000
S.
.
Total
private
;
6,466,116,000
905,450,000
Savings bds.
/Depositary' bdnds. '
"
-
.i-
847,000
128,814,100
1,005,625,000
1,003,841,000
1,107,810,000
day, Treas.: bills
U.
Total
t
468"380~845
847,000
128 814,100
'
7,071,563,945
91
Tax
3,221,COO
4,T8_5~66o
,
91 day Treas. bills
day Treas. bills
.91 day Treas.. bills
91
May
$
468 380.845
Tax Antic'n notes.'
>
May
Refunding
'
1,054 456,000
Ravinast bds.
Depositary bonds.U
Total for April..
J
•
we
1941 AND
s.
1,005 649,000
]■ 50.2
15
Indebtedness
1,200,262,000
1,205,442,000
1,003,266,000
1,001,226,000
1.001,464,000
1,054,456,000
1,001 226,000
day1 Treas.! bills;
Ctfs. of indebt—
\
Certificates
First quarter
;
97,041,541
bills
day Treas.
91
Apr
financing and $7,982,015 refunding.
+1947
367,439,374 h
559,972,304
day1 Treas.
91
Apr
44.2
281,117,000
financing is brought to light.
j
545,880,788
91
22
29"
Anr
40.4
'•
45'
164,285,000
——..I..—.
Below
$
1364,849,374
:
:
March.—.i—;:.—.
April
......
New
1,205 442,000
1,006 ,487,000
May 20
May 27
May 1
—
Total
1,200, 262,000
bills
May 13
!
Refunding
12i,5
1
SUMMARY OF CORPORATE FIGURES BY
MONTHS 1948,
1948-
"
30 '
present a tabulation of figures since Janu¬
ary^ 1946, showing the different monthly amounts of
corporate financing.
Revisions of the 1947 and 1948 fig¬
ures may be
necessary, particularly as additional
3V4%
Private placements for the month of
May aggregated;
$81,225,000. While the amount and number of issues
—
bills
day Treas.
money
series B.
New
day Treas.
91
Apr' 15
Municipal issues for May aggregated'$190,113,216 com¬
with $171,942,990 for April and
$107,694,07& for
May, 1947.' Of. the; May total $182,131,201 was, new
4.56%,
bonds
91
pared
(par $25) of Southern California Edi¬
total of $20,000,000 and
$15,000,000 South¬
California
ern
1.
Apr
of Total
>' 45
t—306,148,750
>4*!
Refunding
8
'
217,620,000
-
February»
convertible series
son
'
New
Accepted
Apr
Apr
-.11
Issues
$81,225,000;!:
:cl—1.^...
March
' Total Amount
;
Apr
'
'
Southwestern Bell Telephone Co. 35-year 3%% deben¬
tures; $30,000,000 National Dairy Products Corp,. 3% de¬
bentures; $25,000,000 Union Electric Co. of Missouri 3%
of
No. Of
L.
!
Type of
Security
$
'
Amount
May:.
.'
Dated
Apr
/!
v
Month—
refunding.: Thus, the trend of financing held
to the same pattern for the 21st
month, showing, new:
money
greater than refunding operations, with the
exception of May, 1947.:
».!•
y The principal issues for the month were
$100,000,000
was
shares
'
year,
I May, 1947.
debentures; 800,000
During the Month of May
placed
$378,169,624, the
1.1%,
3
And for the Five Months of the Calendar Year
1948
-
v
(2571)
lowing
709,900,759
comprehensive tables
the
on
the fol¬
May and
the five months' figures with those for
the corresponding periods
in the four
years
preceding, thus affording a five
year comparison.
pages
we
compare
179.8530 12,0 0 25,94750 7,906, 2
25,70162 497150, 17,9'57o6 159,8476
351,675
-mi Refundi g 164,37961 10, 0
14,860.
9,150, 0 17.307 138,9420
$
Total
189,51294
$
Total
412,689
10,650
53,780 46,0 0 53,0 0 12,0 0
179,8530 ,
10, 0
2,0 ,0
12,0 0 3,620,452 28,3953
1.904,175 3 ,854162 63,7 80 49,620452 53, 0 0 42, 953 3785X60
t
•.
12,569175 25,70 162
.
10, 0 - 3,0 ,0 1.2850
Refundi g 50, 0 4,50 0 50, 0 6,21,09 3,85076 9,408,60 164,37961 10, .0
35,09 4
.-
$
926, 75
"V-
$
15,21675 60, 0 47,50 0 50, 0 17,906 19 3,850~6O —. 10*,3527 189,51294
•
;
-.:r
-i
'lr »'
•
I"'**
Capit l
:
$
New
Total
$
15.473,81 2,0 ,0 1,08750 7,54,987
36,1586
90 ,0 0
375,18 20 13l786.25 18,52 04
$
Capitl 103,2876 4o72 ,931 14,89564
90 ,0 0
<0, 164,a8~U0 59,076219
7,50 , 0 7,94X50
v.
S
New
Total
$
20,87 56 57.9143
Capital
620.0
$
526,4 39 19.80, 36,73 14 5,0 ,0 587,40 63
Total
$
>
.
j•
'•
97 ,50
17,04 53
18,642 87 3.78,0 2,10,452 3,50.0 24,53 16
.
:•
_
'' . 2. 3 .90
'
-
43,50837 5.0 ,0 54,71.392 35,0 0 4,760, 0 7,50, 0 15,28 9 75,6410 18,23087 5.0 ,0 147,6 512 35.0 0 2,0 ,0 39,760 32,850
42,071 20 237,50 16,79.064 32,46910
69,437 48 8,490.280 7,10,0 103,2876
1,459,817
237,50
4,2 9,05 95,18 734 57,3810 186,7102
4.76250 38,5 .328 3,0 ,90
39,48 36 32,46910 2,0 ,0 26,509720 2, 905
4,760, 0 3,520,950 56,072495 18,260 1,459,817 4,762,50 107.95,67 13,250 8 10,62 950
3,0 90
V
J
;
7,0 0 40, 0 39.C50 85.0 UO 610, 0 40, 0 20,725,0 627,50
Total
1,036294
'
375,1820
NCaepiwtl 18^,260 325,1—80
192,037
859,73519 24,035 0 149,8021
2,0 ,0
Xo o. o
Rcfundi g 57,3810 14,70 23,0972 26,509720 18,0 .0 271,90 42
$
-1945
276 76o
"620,452
75,6410 14,70 92,74 120 276 ",0 35,0 0 25,10 0
27,653214 5,0 ,0
159,360123
1,256,40 15,473 81
3,7 8,0 1,50 . 0 3,50 , 0 5,478,9 1
New
367,0826 19,80 9,120,50 395,8672
Refundi g 271,90 42 9l7563,294 3,62,40
-1945—
605,0 0
287.50
897.50
950, 0
1 ,70961 6,30.0 64,10.36 *&'527, 0 2,61.930 1,021,801 4,3406 23,16759 7,0 .0 436,8941 40,95 0 6,30.0 103,46 30 85,27.50 42,61 930 1,021,801 05,39064
55631127638579.,1,,4008634.299
GEiHBfCUSRtIDodOneooptvcmabevrlrgsnlancmiepufkmyd.sn.t. CMFISUTOYOSTRNEPHAAHVINAERD
GFFLMOTOYMIVNAUEEAIHRAVNCMRRPDGLST,
Refundi g 536,04720 l786,25 15,7159
7,50 , 0 "ToXio
84,015280 5276 ,548 4,10 7
7,841,0
S
-1946
Capitl
$
671,0391 17,80. 46,9230 735,20691
:-
$
New
18,63.52 298,45
305,63210 2,50,0 203,96 450 19,06598
Rcfundi g 28,57 05: 89.Tl0,367 1,50 0
;;
531,64539 20, 0 48,09 0 107,694076 2,0 ,0 708,94 615
319,4782 32,90 1.405,643 35,82351
Total
$
$
•
-1947
50 ,0
Capit l '2,0 0 15,0 23,65280 40, 0
6,85 ,0 102,967421
New
-
610, 0
Refundi g 75,0 0 324,6850 25,0 0 15,684720 85,0 . 0 17,5 0
12 .850
107,25740 17.642,36
$
-1946
Total
-1947
$
543,720
3,150, 0 84,015280
37,10. 206,8710 3,50,0 50,1350 1,750, 0 1,250, 0 5, 0, 0 305,6210
945,0 80 ,0 0
Refundi g 2,50 0 187,90 5 16,4350
$
■
7^:-;A7:
2,50 , 0
2,568,4 5
287,50
950, 0
4,93871 6.17,150 46,78127 527, 50 2X,61,9-30 1,021,801 41,75619 104,6824
7,629,50
4,925619
-
23,02439 37,10 294,8251 3,50,0 178.63,418 2,304,109 1,250, 0 13,7950
80 ,0
90,1 367 2,50 0 270,5895 24,3870
,"7
945-.20
*S-■
286,917
82,671450 - 7.952,0
23,58705
2,0 ,0 4,9 3.871 15,90. 6,17 .150 70,13 407 527.250 287.50 42,61 930 1,021,801
,
'
8,95412 125,93.418 5 4,109
2,50 , 0
12 .850 610, 0
127,549271 75,0 0 431,90 74 25,0 0 3,2695 85,0 0 20,143 5
7-'7;
'
T-XV^7
286,917
::
-'v
*
•>
-•>
\
-
-
,
:-v
Capit l
$
New
Total
$
7,04 59 2,50,0 14,5603 17,56 98
21,6 7 20, 0 15,70 106,2843 2,0 0
-
296, 50 150, 0 62.18,90 19,6524
378,16924 84,1250 190, 3216
y
FOCRPEIGATN*.
-
Refundig 2,9510
$
I948-
■
-
726^0
367,40
4,08,750
:;
150, 0
293, 05 61,4027 19,2784
Capitl
OSUMFARY
New
,
14,80 18,795 3.50,0 3,750 805,0 450, 0 5, 0, 0 7,04 59
2,50 . 0
2,50 , 0
6,23,962
18.0148
New
5 4.109
7,342,583
450, 0
132, 072 14,80 24,0357 3,50,0 *• 154,21. 8 1,359,109 U--. 12,89 583
'
-
,
Total
$
Refundi g 1,638,0
$
X—-194
24,3850 175,93 0 81,4 50 284,0 2,0 ,0 12,40 296, 5 0
150, 0 150, 0
6 1,20
:
•
284.0
1,936.0 81.794,12 24,305 0 21,46805 94. 2,5 20,35264 2,0 ,0 24, 60
36,1 805 13,5105 20,3y5.264
2,9 5,1 0
1,357,150
vy
-
;
■■
432,40
t
7.'■t":.
"
*.
—
$
Capitl
New
150, 0 150,v0
24,3850 174,290 80,124350 "284,0 2,0 ,0 12,40 293, 0 5
7V':.-,
35,60 5 13.078,65 20,35264
•
note-s - note—s not-es — - - agencis&t., 591,48207 bfIunoctlaidynese Notes- etc manufctrig. hoeldticn.g, Notes- etc manufctrig hoeldticn.g,
•\
•:;
•;
2r
*rJ*/"~— :;
■
284,0
1,9360 80,7 524 24,3850 209,47605 ^'*?!»; • 20,35.264 2,0 ,0
93,20 5
24, 60 374,08 74
.
,
'
3*123917,48,6,176.8.92724
— X 4,08 ,750
1,789,5 0
279.20
1,093,60
•„
CHAR TE
374,08 74 35,270 182,3 01
$
63552,,1420780 ftrFhomaoeugndicnepaflrtaeycsl
OGNARENUFPWID
48,5 0 7,982,015 60,92576 Satanteds
Capit l
$
•
:
hoeldticng., „ etc-. manufctrig hoeldtcin.g, „
OFMAY
fdignuoroest MOFAY LBoonagn-Tdersm
toal
sceocruprltateDomestic— Lboonagn-ntedrdms Short-ern Presftorcekd stock Candi - bLoonagn-tnderdsm S1ohrt-em Presftorcekd stock foreign- Lboongan-tnedrdms Short-em Presftorcekd stock corp ate
SnaimkflIBntearaniol CGoavnerndiant forgeovegrnmnt LGo^nvnd, •Muicpal—Stes,Potsaeeisn
Railroads util es sccotopeaellr,,, Eqmuaniupfmtent aacensodri inadunstrdl bueildtncgs, tItnrrvauedsstminng,, Miscelanous BShooarnt-Tdesm Railroads util e_s cscotopeaellr,,, Eqmuaniupfmtent aacensordi Inadunstrdi l ~bueildtcngs, Ittnrrvaeusdtsminng,,Miscelanous Railroads util es sccotoepaellr,,,Equmiapnumfcetnst aenodri Indausntridl bueildtncgs, . Inttvrreausdtmsinng,,Micelanous Railroads util es sccotoepaellr,,,Equmiapnumfcetnts aenodris indausntrdl :t bueildtncgs, : Inttvrreausdtmsinng,,Micelanous
Corpate—
MONTH
MONTH
Com on
Com on Other
Com on
Grand
Total
Other Farm
•
United
•These
Total
Public Iron, Motors Other Land, Rub er Ship ing
Oil
Public Iron, Motors Other Land, Rub er Ship ing
Total
Stocks-
etc manufctrig.
Public Iron, Motors Other Land, Rub er
Total
Ship ing
Total—
Public Iron, Motors Other Land, Rub er
Oil
Ship ing
Total
■—
Total
590,450 12.750 237,0430 30,63 8 26,0 0
$
750. 0
105.37 0 270.9 0 57.40, 0 62.50 40.5,0 18.9650 61, 5.0 G16,450 10. 0
—
896,15968 t21~,0375 149.6207 276.503, 20, 0
Total
$
2.0 ,0
12,750 30.79 452 17,29.41 10.38,90 45,0 0 10,89175 267,410968 302.4 52 57.40 90 15,37 0 235,42. 1 50.R890 18.9650 45.0 ,0 71.U04175 &96.15;a68
"
-
.
351,875
Refundi g 48,07 94 10.75 0 152,079 18 26,0 0
637,2587 21,03^50 149.057 0 21,34. 0 7,290, 0
$
-194
750, 0
Refundi g 76.0 0 268, 5.0 50,4 0 28,97 395 187965,06 31,465 0 47,049 10, .0
10,75 0
$
-194
24.05,
80,354218 45,0 0 3,026,75 152,43089 293.065 0 50.4 0 86,0 0 109,3 612 18.9«57O 45,0 0 34.92,75 637,25 87
V
-
142,380 6 2.0 0 84,96802 30,1 93
$
Capit l
New
Total
259,360 1
90 ,0
1,645 02 4.0 0 289, 265 64, 035 25,0 0
3
Refundi g 1,4 792 4.0 0 17,4 350 12,30872 25,0 0
Capit l : 3750 0 2,635,0 7,0 ,0 — 3,2706 40,50
75,268.590 12,70
$
720.5310 629,430. 30,6 .0 — 185,47120 28.0 0 2,10.0 35.0 ,0 9.23.0 30,1 .0
-»
Refundi g 654.92350 620, 5 0 30,5 0 82,7 2 2.10,0 267,509 20 4.32.0 18,0 .0
$
-1945
>
$
Capitl
New
.
2,0 ,0
6,740, 52
7.162,50
90,3823 10.3890
14.980,75
9.375.4 2 7.0 ,0 29,3750
126.0829 50,8.90
36.8iqpo
1,6704,620
4.0 0
4.0 ,0 58.93,471 3,290, 0 5.0 .0 18.43,89 35,0. 0 14,850926 56.473, 0 35,46. 0 720.531 0 732,68471 3.890, 57o 7o 36,81.03 63.50 0 2.10.0 49.850926 907230if, 86.573, 0
1,439 7,.2
4,0 0
23*7,50
4,0 0 53.910,7 1,837,920 237.50 '60.276,10 32,46910 6,50,0 28,37 2 183,60 2 654.92350 718. 5,170 32. 7,920 143.5,982 32.46910 2.10.0 3.09720 4732.0 46.37,2
A
'
16,950 175,84326 5.0 .0
$v.
New
*
Total
2,0 ,0
29,64 0 142.380, 6
2*»
New
2,069 7280 $17*.3860 32074 0 395,763 5,0 .0
90 ,0
Capit l 230,9 628 18.4~527 52,136
-
—
••
1,6705214 *0^8371 304r2~50 219,350
$
-1945-
605,0
65.08 9,25,0 10 .0 102,569348 28.0 ,0 8.490,280 4.90 0 12,0 0 230,9268
5.028,301 1,452,08 4.76250 12,37.68 3,0 ,90 8,350,926 28,096 48
- "'■': ■
m
.v-f :'
17,8543 65.08 0 14,25301 1,5208 4762.50 23.70,31 31,0 90 16,"841~206 ;79o "To 40,196048
-
.
2,6 5,0 57,69 85 48,20 0
90 ,0 0
2224,,105079689.35.48 1335,,24098,718659685042940. v'"•/■.:v MFETYF5ITSUNSOIHNADHVA1RREESD
FYMFEL3AMFT5NOIOIUAVDNAHOR1RCMDSRPGL tFEGohmgmyM§CBbPNiU$PMiFSISrn2Uoeuaprot,tbnpac3lleg8anlrhsu6wicdtc0ffdydkbes.d.,y
Total
S
1,60 37 0 302,41
7,50 , 0 7,942750
372,140 459, 08
$
Total
;;9
Refundi g 1,367 5906 2.14,0 304,71960 31,9 826 48,20 0
7,50 , 0 "ToTio
$
-1946
51 .0
Capit l 238,61094 270,9 .259 271, 295
$
90 ,0
342,8650 1438,0
7,841,0
29,75.0 345,906 8
New
Total 1.3690 ,5 63.8250 384.9762 184,67 31
$
"
39 ,0 0
Refundi g 49,13 82 3,25.0 138.7652 31,90.57
45,0 0 148,05 0 17,6.832 29,0 .0
2,6 5,0
94250.7 52 .15 ,0 47.26,438 459,13.48 23,501.850 287.50 6.1 6,930 1.021.801 1.42 37 78,3093
86,953486 539.041 74155.0295 49.15,0 59764.38 59.2834 38.01,850 14.69 0 47,561.430 -1.028 25.68127 16.4830
50,0 0
1,42375906
2.064,0
2.14,0
812,718 60 ,0
217,38671 5,625,0 96,728. 4
812/718
36,01293 52.9 0 679.25 6 30.6250 16.478C2 307.68427 14,609. 2,81957 9.62 75 28.61024 1,76 02.83
13.046 0 2,0 406 15.0 0 12.50 ^ 71.345,72 57.31,573 40,9 50 6.90 0 19,70873 238.61,094
436,0
75.0 0
51 ,0
50 .0
Refundi g 526.90 459,82594 25,0 0 6'4,79258 307.168427 14,609 7,360. 18.241627
::
Capitl
$
Total
$
New
10,273497 §82,1 0 75,0 0 230,5.0 1,30.726418 52.0 0
$
-1947
125.0
$
-1046
'
98,150 647.20 5 3,50,0 2,80. 0 35,60.5 10.75 0 65.0 0 43,50
,
39 ,0 0
.
Total
'
$
2,08.7 30
1,250, 0 208.345,78 26.04,92
0 0 1,3298. 4.150.C0
5,0 0
.v 59.750 63,8250 207,649 291.76,893 645.739 3,20,0
25
"-r,
■
i
:
..
Capitl 1.925,680 1.250O0 20:6 ,3 257,014
5,0 0
$
V:
New
SOUMFARY
END notes —
4
168.024,37
V
3,0 5,0 3,25,0
1
Capit l $ 74,510 281.04, 8 3,50,0 19,30 0 306.42,805 10,85.0 1,650, 0 40, 0 42,146 869,50837
708.930 4,908,317
15,6487 12,6 458
169,258 24.30, 0 518.02,519 3.0 .0 59.7 153 945.0 31.46 10 25,0 0 ~ 708.930 9.078,03
•
-
-
56,40 60,59 0 5,41769 278,614 35 25,64 739 ,320 1.291,07 45.2>,35 409,1 28 74,51 0 36.4 027 3.50, 0 19780. 589.0 24 126.450739 4.850 40, 0 1.291,07
1:,- 4,05 ,0
",y
New
f'r-.-
Total
"■
■ ■ :■.
-
..
1.50. 0 1,250, 0
r
Refundi g 42, 9.0 47,92.80 6,50,0 13.29,650 21,075 0 1,30. 0 '"■ . 9,40, 0 156,74 50
$
-1948
10 ,0 0
26,50 0 8.50 , 0 406.23850 27,30. 26.4 0 210,950 2,137 0,
§ 214. 7 ,0 948,7 . 0
14,0 . * ,»«.-•"'s,
'■
'
J:
ACHANRDTE
2,41832 170.48,0 1,3420.87 3,750, 0
50,1 .672
579,3 80 98,15,0 854.6854 3,50.0 2,80.0 648. 739 127.395,7 36,1 0 65,0 0 2.0 70 153.07 62
Capit l 172,04 90.821,0 30, 0 8,50.0 -38.015 251. 0 14,9 0 14,0 0 201.450 1,98065
$
.
:
'/
f
t-:--
:
.
'
145.7093 10,738.0 12,39.46 135,76814 10. 0 47,384.7 470,91230 214.7C0 1,094.5 703 47.238,0 8.7fo 6oO 527.6 9 408.56,14 26.4 0 14.0 ,0 io7 o
4,70,736
596,516
5,945,605
1,28 57 42. 9,0 52,68.536 6,50,0 24.1652 21.075 0 1.30
•
10 ,0
New
1,50 1,250
140.9617 10,7380 15.38 61 135,76.814 10. 0 46,78231 459,6273
governmt- cit,Posein.- bonds MAY etc trading, etc trading, etc —. manufctrig
2,01534
14130,.98&65igyk^j* 6127,,3620,9995587400543
168,02437
172,04- .86e3tc '8,50. 34ma2nu7f1ctrig698,-. 140 ;—ho,eldt.cin0.g,935 2,4183
-heoltdcin.g,
boanndds stock— boanndds — boanndds 1 corpate BFIantenrakio-l GoCvearnnmdti—an foreignGLooaavntnd, •Municpal—Stes,Staes toal- dfinguoorets $1^5In,0cludes fB^oInaternariokl EMNODNTHS BLoaonng-dTesrm Railr-ods utiles ccosopteaelr,,l, Emqanuufiptment acaesnorid inadunstdrl beuiltdcngs, ShipngtrInuvesstmn, Miscelanous BSoahonrtd-Tsem Railrods utiles— ccospoteaer,l,l, Emqanuufiptment acaesnorid inadunstrdl beutilcd—ngs, tirnvuesstmn, Miscelanous -Stocks— Railrods utiles ccospoteaerl,,l, Emoanuufiptment acaesnorid inadunstrdl beuildtcngs, ShipngttrraInudvesisntmgn,, Miscelanou Railrods utiles Sccopoteal,,l, Emqanuufipctmreesnt anoieds inadunstrdl beuildtcngs, — ShipingttrIrnavudessitnmgn,,Miscelanous seccourpritate
DaCTMONHS orp te- omestic—- Long-term Short-em Prsetfocrked Com on Candi - Long-term Short-em Prestfocrked Cosmtockon foreign- Long-term Short-em Presftocrked Cosmtockon
8
4.10,8659
1.297,30 4,87 561 40 .0C0 480,6718
Refundi g 156,741 50 C,2~39,405 5.043,52
2.0 .0
'-"v
20 ,0 0
Refundi g $ 24,30 0 36,15 642 3,0 .0 47,136.95 945.0 31,46 10 25,0 0 1,35,86 49,13 82
287.50
68.012,53 50,945 13.046 0 35.84017 18,530. 58791.20 43.75026 80,2*3.4 4,7183 1.02801 16.05 12 87,5406
24,0521.8951,.4686
:
467,850
$
-1948
287,50 3,79 3 1,02 .801 9.15 , 12
't-tt
•
10,273497 82,1 0 30. ,0 82,0 . 0 1, 295 86 23,0 0
$
3.81,7 46.51720 362.405 2,90185
2,319,57 2.69725 10,38 97
.
293,,165278028403176
26,167,3029,9895578040 OGNCORREPUFPWIATE
CFGOOORVREPERINGMANTT,,
— —- notes— - — notes-— - agencis&. — 3,90145 SbfinutocladyinssseQPaoufvbrdifcyDReevacolonpstmrudnit. 31 Notes- —- manufctrig - heoldtcin.g, Notes- ■ manufctrig—- heoldtcin.g,
M3A1Y
Capit l 869,5827 60,59.0 245.761,47 152,9754
New
3,50
"
4,05 .0
3,1 0 1,3690.5 20, 0
>'
-1047
12.,60597356481
2.50 , 0
n
ndi 461,8750 40, .0 1n2.50 136,095 0 364.50 , 14.609 0 41, .50 14.260 38,01250
1,62370
pqq
Other
Total
Grand
Other Farm United
•These
Total
Total
5
Public Iron, Motors Other Land, Rub er
Oil
Public Iron, Motors cvher — I,and.
Oil
Ship ng
Public Iron, Motors Other Land, Rub er
Oil
Public Iron, Mot rs Other T.ond. Rub er
OH
6
(2574)
Hemphill,
(Continued from page 3)
•10,000,000 Idaho
Power
Purpose,
Placed
Co.
1st
finance
Sc
Co.,
1978.
due
&
etc.
Price, 100.50 and int.
11. institutional investors through
additions,
privately. with
Blyth
series
Inc.,
Lazard
and
Co.
Freres Sc
"
1975.
Water
Purpose,
*
1st
Co.
States
1973.
construction.
Life
Sold
(Ind.)
tions, -etc.
refunding
($370,000
Inc.
and int.
Offered
1
*
„
'
'
'
-
'
\
'
Insurance
Fidelity
Co.;
Mutual
•3,000,000 Scranton
Life
Electric
of
insurance
'
,
•
due
vately
1973.
with
3 Va %
1st
Co.,
3Va%■
Placed
California
May
104.92
1,
and
Gas Co.
1978.
int.
pri¬
capital
by
3Wk
?
series
expenditures.
Lehman
Brothers;
Price,
<
American
•
,
Securities
Corp.; J. Barth & Co.; Bear, Stearns & Co.;
Day & Co.; -Hayden, Stone & Co.; Ladenburg, ThalSc
Co.;
Pacific
Northwest Co,;. Stern, Frank
&
L.
R.
:
mann
Sutro
Meyer;
•250,000 Southern
due
Utah
May
"
&
1,
additions.
Co.,
and
Power
1970.
Price.
Wagenseller
Co,
4%
Purpose,
100
and
Durst.
'
*
1st
mtge. bonds,
bank loans,
Sold
privately
.
Insurance
Co.
Now
-of
.•*
York.
A,
1
etc.
&
:
Price,
Co.;
102y2
&
Inc.;
Clark,
Haven
&
Dominick;
int.
Offered
Brothers;
Co.,
Sherrerd;
De
and
Almstedt
Barbour
Blyth
Alex.
Dodge
&
&
Brown
by
,(l
'
<;
Stanley
Inc.pBramha'.l,
i
Ripley
Co.;
&
Co.,
Sc
J.
Hutton
B.
&
;
E.
Hutton"&
Co.;
"
Co.;
&
&
Lee
Pacific
Chas.
W.
Scranton
Dean
j
%•:.
v
■
-
•
1968.
.
Purpose, finance
.and
3%
debentures, due MavT.
construction program. Price,
Blair
&
Co.;
Central
Republic
Co.
Corp.;
&
Co.;
Co., Inc.; Hamlin
Mitchell
slow,
Bankers
&
Bond
(Inc.);
Co.;
&
Securities Co.; Biddle
Inc.; Richard W. Clarke
Co.,
i
Inc.;
H.;L.
&
Nov.
l,
Co.,
1st
Emerson
mtge.'
Rollins
.
(..
Jan.
1,
Co.
•
Statistics
Irving
Clarey,
,
Francisco,
Hills, Mass.
and
Albert
V.
Danielsen,
>
Life
;
.
.
tive
7-
'
'
J
"b
'
'
construction.
Banking
Mutual
Life
Purpose, finance plant
Placed
privately with Pennsylvania Company
-
t
common
stock
&
Trusts;
Insurance
New
York
Trust
Co.,
and
Penn
Co.
BUILDINGS,
■
Co.- 20-year 3Vc'
debentures, due April 1,
Purpose, repay bank loans and improve
working
Price, 100'/2 and interest. Offered bv Wertheim
1968.
capital.
Co.; Blyth & Co.,
Sachs
Co.;
Stearns
& Co.;
Lehman
&
Co.;
Inc.;
The First
Boston
Union
Securities
Glore, Forgan & Co,;
.
*3,000,000
u
:
Corp •
Hallgarten &
i
'i J'
Credit
Corp.
'
1963.
,
•
Co.;
52,800
J.)
(J.)
shares
(par
Braun,
*
of
$20).
,
57c
and
Co.;
Co.,
$50).
of
57c
V
,
Purpose,
cumula-
finance
con¬
Mutual
Hancock
John
Inv
convertib
&
additions^($150,000).^ Placed
1
\
'
*
80,658 shares of
Gas Co.
&
preferred
e
'
&
Lane,
sstoek
$50).
(par
constituent
of
5V2%>
Pur-
Price,
company.
Co.;- Eastman,-Dillon
Wertheim
&
White,
Co.;
Horn¬
Co.;
Weld
Co.;
&
Co.;
Laurence
M.
Co.;
&
Clement
and
A.
Evans
Co.,
&
Inc.;
Johnson,';
lac.;.. Winslow,
Co.,
Douglas & McEvoy;
Nicolaus is/ Co./ Inc.; E. H.;
Pringle &i Co.; rChace;-Whiteside, i Warren & Sears, Inc.;
James Conner and Co., Inc.; G. H. Crawford Co., Inc.;
Kinloch, Hugcr & Co.; A. M. Law & Co.;. Reed & Co.;
Frank S. Smith & Co., Inc., and Frost, Read & Simons,
Inc.,
'
"
,
/
-
Sc
Estabrook &
Corp.;
Co.; The Robinson-Humphrey Co.; Schoellkopf,
Pomeroy,
Inc.; Shields & Company;
G. H,
Space
Folger,
Nolan,
Inc.;
Stifel,
'
■.
.
2,627,905 South
of
for
Carolina
i
Electric
stock
(par
$4.50).
'
^
Gas : Co.
&
jt
shares
404,293
purchase
Purpose,'
of
Co.;
shares
purchased
Dillon
White,
&
by
Weeks;
<fe
Equitable
Co.;
&
Peabody & Co.;
Wertheim
Kidder,
Hornblower
Co.;
,Weld
Corp.;
Securities
Estabrook & Co.; Laurence M. Marks & Co.; The Robin- son-Humphrey Co.; Schoellkopf, Hutton & Pomeroy, Lie.;
Shields & Company; G.
H. Walker Sc Co.; Clement A.
b;777y
Evans & Co.,. Inc.;, Johnson, Lane, Space and Co., Inc.;
,\* f
Winslow, Douglas & McEvoy; Folger, Nolan, Inc.; Stifel,
i Nicolaus:& Co.,'. Inc.; E. H. Pringle Sc- Co.; Chace, White- :
;Side, Warren & Sears, Inc.; -James Conner and Co., Inc.;
:r '' G. H. Crawford Co., Inc.; Kinloch, Huger & Co.; A. M.
1
Law & Co j, Reed Sc Co.; Frank S. Smith & Co., Inc., and
Frost, Read Sc Simons; Inc.
1
...
,,
'
*
■'
'
.■
"
'
*
>
*
. .
20,000,000/ Southern California Edison Co. 800,000 shares
■7: b.
' -Yierence stock, 4.56% • convertible series (par $25).
■\/
'
"
'
iexpansion -and
"
;b::
Co.,
Inc.;
Central Republic
S.Z-X&7
B.
15-year
Price,
Purpose,
&
corporate
Co,
f
The
v.-
purposes.
*
.
.
,
due
Placed
C.
W.
Brothers;
Kidder,
Company;
Co.;
Langley
Meeds;
Kuhn,
Lester
Loeb
Co.;
Sc
&
Co.;
Peabody Sc Co.;
Laird, Bissell
Co.;
&
Lee
.
Corp.;
Higginson
;;
through;
Lynch,
Marshall
Irving
Lundborg
The
'Co.;
7';ry7:yy:
.
&
Ohio
Co.;
Paine,
Co.;
&
Co.;
&
Sons
&
Co.;
William
Frank
Union
&
privately
Sc
Lerchen
;
The
*Represent
Co.;
&
S.
&
F.
Weeden
Co.;
Smithers
Spencer
&
Sc
Inc.;
Dean* Wittar
placed privately.
E.
Trask
Durst.
&
Corp.;
Co.;
G.
H.
Watling,
White, Weld
Sc
Co.;
Co.
^Indicates special
Ss
Co.;
Stern,
&
Inc.;
Goodwin;
&
H.
Schwa-
Shields
Sc Co.;
Securities
Webster
Co.;
Hoffman
&
Co.;
Brothers
Wagenseller
Co.;
and
Co.;
Pressprich
Hutzler;
&
Sc
Sutro
Walston,
Co.,
.Scranton
W.
Gardner;
&
Sc
* Stone
Corp.;
R.
&
Bros.
Stern
Co.;
Wisconsin
issues
W.
Agnew
Inc.;
Securities
Walker
-
Meyer;
Co.,
Salomon
Chas.
Curtis;
Reinhoidt
Co.;
Inc.;
R.'Staats
&
Jackson &
&
Shuman,
Company;
£'%>'•
1,
^77
Merrill
Inc.;
Pacific Northwest
of California;
Pacific Co.
Webber,
Putnam
b2cher
%
.
Co.
Fenner Sc.Beane;
Pierce,
Rollins
$12,410,000
McAndrew &
Co.;
&
Revel Miller & Co.; The
7< Milwaukee ' Co.; Mitchum. Tullv & Co.; Morgan Stanley
%%.; % '& Co.; Maynard H. Murch & Co.;'E. M. Newton Sc Co.;
Placed-
Mav
Illinois
Kirkpatrick-Pettis
Maxwell,
37c. note,* due-
notes,
Co.; The First Cleveland Corp.; Glore, Forgan
Goldman, Sachs Sc Co.; Harriman Ripley & Co.,
Stone & Co.; Hill, Richards & Co.; J. J.
Hilliard & Son; Hornblower Sc Weeks; E. F. Hutton
Hayden,
Stroud
3^)%
Co.;
Co.;
;Lehman
■77;iy77:.
IV,
15-year
&
&
Equitable
Co.;
*
due
New York 5.5%
sinking fund,
Purpose, personal and business
par.
Offered by Bioren & Co.
V..-
Inc.
Dodge & Co.;
Co.;
Crowell,
Co.; Davies & Mejia;
Eastman, Dillon &
Securities Corp.; First
Dahlberg
Co.;
&
Blyth
Slocumb
Brush,
Co.;
Drexel
Henry
&
Sc
1948-T973.
Weingarlen,
Co.;
Eiworthy
Sc
(Lie.); Clark,
Julien
Collins
Sc
Co.
Burr-;*iInc.;
&
Skaggs
Co.;
%
:
-Placed ^pri--
..
.
Inc.
Sullivan
'
Inc.;
;C
.
'•
-V
Stores,
&
Weedon
1 Davis,
7 California
fund' debentures,,
purposes.
per
Bingham, Walter Sc Hurry;
Bosworth,
Co.,
Co.;
u/ .Coffin
.....
due
bank notes, capital expendi¬
sinking
Eich'er & Co.;
&
;
notes,
$26.25
A.
&
1
■
Price,
Purpose,
share and
toy
(Inc.);
Bateman,
-
•
,
construction.
pref-
of
The First Boston Corp.; Harris, Hall
C. Ailyn and Co.', Inc.; Auchincloss,
Parker & Redpath; Ball, Burge & Kraus; J. Barth & Co.;
Offered
,div.
'
&
\.
,
promissory
■
of
stock
constituent -company.
Price, -$6.50 per .share. Offered
subscription by common stockholders.
Unsubscribed
(155,680)
&
'
■
1 ' y) yb Tbbb
4.65^
Purpose,, refund- ib'7
$100).
(par
'*
stock
of
Weeks;
Eastman,
&
stock
pi'operty
3
andl
Works
Offered for-subscription to common stock¬
Unsubscribed
(45,184)
shares
purchased
by
Walker
„
V"
(
by}::.;; byby-fby.; 7:
Co. > 4.000 shares of
>
holders.
blower
,f
4%
repay
O'Donahne
-
Purpose,
Monroe
shares
20,000
(par
Kidder,)Peabcdy
.
Bear
Co.;
Co.
•
purchase
pose,
;
-
Purpose,
series
,
'■
and Massachusetts Mutual Life
Water
f$2Sd,000);
''
•
Co.
4%,
■
-
$50 per share.
::
Purpose,
through Allen
Freres
'•
%
7
privately 'with
Co.,
preferred
cumula.ive
.
*
v
Sc
requirements.
1963.
Corp.; Gold¬
Kidder, Peabody & Co.; Lazard
Brothers;
ing
"
Keenan
and
'-yX-'b-'-X'7b ■'
.
RUBBER
Co.
-
The Marshall Co.; Riley & Co.;
Co.
ttock
nee '
(Ind.)
privately,
"Xlb!;
deben-'
loo
r.
:
&
Co.;
Power
'Placed
Hutton
ETC.
i
160,000 (Joseph
''V*
-
stock
'.V-? ''-777'-.
Marks
#
?
bonds,
10,000,000 Bristol-Myers
&
Equitable Securities
ipurchase'
general corporate purposes.
privately with .Metropolitan Life Insurance Co.
Lehman Brothers. '
: •
'
-
Sheldon
preferred
1
,
sinking fund
12-year
(with
Purpose, acquisition.
by Lester & Co. and
*3,000,000 Interstate Department
•
&
.
Power
<?
.
'
Miller
improvements,
Dalton
Insure
common
.
April 1, -1958. Purpose,;corporate
vately.
r;:
: bfX
:
; ;j
Pacific
Pancoast;-
\\:-
X'X'
fi'\,
\ fi
i
4,042j900 South Carolina Electric
fy,V>
NSold privately to insurance
.
Broadcasting
1960.
*1,250,000 Domestic
&
for
States
'
.
tures. working capital, etc. Price, 100 and interest. Placed
privately with m institutional. investor through Dillon,
Read & Co.
v
>. ;'- V
.VAV-V/Vvv-vVi;
10-year notes.
F.
cumulative
7
1st mtge. 4^%
sinking fund bonds,
Purpose; refunding ($152,000), repay
working capital,
($298,000),' v Placed-
MISCELLANEOUS
1,
Inc.;
Co.;
&
-
Co.;
*400,000 Muncfe
,
purposes.
-* '
Insurance
May
&
Weeks
^
Inc.
'
Whiting,
suKtnce'Co'.
Co.;
-
Agnew
:
.
Pacific
,
*$2,000,000 Seiberling Rubber Co. 10-yeaf 3%% loan. Purpose, aug-'
ment working capital. -Placed privately with- Penn Miitual.
May 1,
♦7,500,000 Beaunit Mills, f.nc.
-:y.
District
■:
fV-if-H;.,
b
Co.;
Richards
second, preferred
struction.
\y '-'b
.
Calif.,
Co.;- Shuman,
Co.;
Skaggs
Co.;
Gillespie & Wouters; Harley, Hayden &
Thomas Hundley, and McKee & Jaeckels Inc.
Life
.
•
,
MANUFACTURING
corporate purposes.
Price, 100 and interest
subscription by stockholders,
Unsubscribed
offered
by Doolittle & Co.; Business
Org., Inc., Wellesley Hills, Mass
-^Olarry 'A
San
Wellesley
&
\j.
Anthony & Co.; UnionWalling, Lerchen
Co.,
■■
&
hfurphey-Favre,
]:■%;.
Bingham,
*1,000,000 Moutain
of
j
bonds
Tully
&
&
Davis,
Dewar, (Robertson
Hill,
Co.;
extensions,
&
Lie.;
'
for
($398,500)
&
Sutro
Company;
Offered
Gardner
Aim
general
Offered
Co.;
,
•>
Mercy of Nashville, Tenn. 3Vz7c\ guaranteed
notes, due'March 15, 1958.
Purpose, general. Price, 101
and interest.
Offered
by Loewi &
7
*
Co.;
Co.;
etc.
Price, $20.75 pers
subscription by-stockholders.
Unsub(32,834)
shares offered toy The Wisconsin Co.;
A.
G.
Becker
&
Co.
Inc.;
The Milwaukee Co.;
Paine,
Webber, Jackson & Curtis; Loewi & Co.; A. C. Best &
'
&
Putnam
Wagenseller
$284,000 Sisters
■
Staats
McCormick
Smithers
6.
&
Mitchum,
Co.;
California;
Superior
share.
Phelps.
Offered
Inc.
Co.;f Kebbon,
Dam
Breed, Elliott «fc Harrison.
finance
:-i
2%% ' 15-yeat; loan. vPurpose,
Placed privately.
^
1960
M.
Schwabacher
&
of
-
due
&
&
Company; 'F.
"
$556,500 Atlantic Coast Fisheries Co.
4Vz% general mortgage and
collateral trust convertible
bonds, due May 1, 1958
Pur¬
man,
Curtis;
Price,
$81,481,500
!
&
Tucker,
Service,1 Inc.
series,
Co.;
convertible
i
,
r
Walker & Co.;
Co.
Hutton
J.
scribed
Cook
attached).
*$5,000,000 American
For
,
-
Purpose,
privately.
pose,
yj
,
.
$175,935,000
AND
Newha-rd,
capital.
and
Eiworthy
Southwest
1,056,000 Lake
Sons
1958.
&
U
Lynch;
& Co.;
Glass
.
debt
67c
i Durst,
■f v'
(Fla.) Telephone Co. 3V2%' bonds.
construction.
Price, 101 Vb. i Placed
i
and
,
*
Park
INDUSTRIAL
&
&
Pressprich
working
E.
Co.;
William R.
Co.; Maynard H.
Omaha:
of
Jackson
Corp.;
W.
etc.
Price, $103 peri share and div.
Offered by
Indianapolis Bond & Share Corp.; Collett &:■* Co., Inc.;
'''
City -Securities«Corp.; "Thomas D; Sheerln & Co.; Kiser,
Kohn & ghumaker,
Inc.; Raffem>perger, Hughes & Co.;' -.- •
Inc.; Gavin L. Payne & Co.,-.Inc.; Newton Todd Co., Inc.,
Co.; Wertheim <fe Co.; White, Weld & Co.; Whiting, Weeks
StubbshThe Wisconsin Co.; Dean Witter & Co., and
Yarnall Ar Co. = :■
-:
'
•
r -
tures,
■
.
OTHER
Co.
Leonard
W.
G. H.
-
Inc.;
.
I i
Gardner; Reynolds & Co.: Riter & Co.;
American
tXi-X-'.
1,000,000 Indianapolis Water Co. 10.000 shaves of 4Va'M cumulative
preferred stock
(par $100).' Puri^ose, additions, better-
.
Fenn
Prescott,' Hawley,
&
f
ments,
3%%
5,000,000 West Texas Utilities Co. 1st
mtge. jbonds series B, 31c, due
March 1, 1978.
Purpose, construction costs. Price, 100.70
and interest. Offered by Hemphill,
Noyes & Co.; Drexel
& Co.; Dick-&
Merle-Smith, and R. W. Pressprich & Co.
finance
Moseley
R.
Co.,
>':■
'■
•
interest.
<
■
.v'-'V
Co.;*
warrants
-
Co.
♦200,000 Winter
Moore.
F. S.
Milwaukee
Hopwood;
&
500,000 Suburban Gas
♦500,000 West Coast Telephone Co. 3% %
sinking fund debentures,
due April l, 1963.
Purpose, finance construction. Placed
privately with Northwestern Mutual Life Insurance
!
Co.;>:The
Inc.;
Co.,
\
-
George; Rauschcr, Pierce & Co. Inc.; Smith, Moore & Co.;
Harold
E.
Wood
&
Co.;
Woodard-Elwood &
Co.,
and
Arthur E. Nelson & Co.
*
%
Lee
&
LAND,
Bankers Life Insurance Co..
.V
.
Products Corp. 24/2 % notes,' due «eriaily"1^55-19b2j
Purpose, corporate purposes. ■ Placed privately with Northwestern Mutual Insurance Co.
Co. :
to Northwestern
Mutual Life Insurance Co.
and
& ,Co.;
Co.;
First
feOb.boO'Sheliinari
&
bonds, due
Purpose, finance construction. Sold privately
1971.
Loeb
&
Co.;
Company
Co.;
Jaffray
Purpose, corporate
companies.
'
:
Co.; O'Brian
Perrin, West & Win-
Telephone
Kuhn,
UTILITIES
McDonald
Paine-Rice
r-
,
*2,500,000 (W. A-) «Sheaffer7 Pen (Do. 15-year loan" (average interesti
rate
2.79%), due $250,000 annually Sept. 1, 1953-1962.
)•:.<
Coast
T
Inc.-;
Co.
are
-,
r
^
J. J. B. Hilliard & Son; Boettcher and Company;
Brush, Slocumb & Co.; Wm. P. Harper & Son & Company;
privately with three insurance companies.
.
& Lunt; Milhous, Martin &
H. O. Peet & Co.;
Inc., and Chas. B. White
♦1,000,000 West
Read< &
pre¬
stock
M.
Co.:
Webber,
Piper,
current
May-
&
Bond & Goodwin
Eckhardt-Petersen
Paine,
Reinhoidt
H.
due
Hallowell, Sulzberger & Co.; Reinhoidt & Gardner- Adams
& Peck;
Campbell, McCarty & Co., Inc.; Rand & Co;
Scott, Horner & Mason, Inc.; Clement A. Evans' &
Co.,
Inc.; Russ & Co.; Anderson & Strudwick; Arthurs, "Le-X
Whelen
Co.;
Louis
Co.; "National
*450,000 Precision" Parts
;
Sons;
strange & Klima;
Dillon,
while
par;
common
'150,000 shares of t common stock
(par
finance additions, etc. 1; Price, $31.50 per
by Blyth & Co.. Inc.; Lazard Freres &
&
Daly, Inc.; Kidder, Peabody &
Co.;
Wisconsin
Co.;
CollingsCo.,; Inc.;-Julien
House
&
Co.; Dempsey-Tegeler
,
Parker & Redpath;
The
Ohio
Co.;
Folger, Nolan Inc.; Adamex1 Securities
Corp.; Chas. W. Scranton & Co.; A.; G. Edwards &
;
&
&
Co.;
&
A. C. Allyn
Dodge
Becker
Northwest
Central Republic
Co.;
at
& Stubbs;
100.75
.'^ard H. Murch & Co.; Auchincloss,
..
&
.
Clark,
Co.;
G.
garten
,
•
Offered by White, Weld. &
.Co.;,Shields '&
& Merle-Smith; >W. E. Hutton &
Co.; Phelps,
Co.; Tucker, Anthony & Co.; Stroud & Co. Inc.;
William
&
Carl
St.
,
.
,
■-
Dick
&
..
Massachu¬
and
Co.
(aken
are
Co.
Wegener
The
*1,125,000 Phoenix Hosiery Co. 3V2'/' note, due May 1, 1963.: Purpose.
refunding.
Placed privately with'Northwestern Mutual
r
.Life Insurance Co. through Lehman
Brothers, and Gold.v
man, Sachs & Co.
*
;--v
»
interest.
Co.;
Fenn
.
Missouri
.
V '<*;■
•
Central Republic Co. (Inc.);
Bosworth, Sullivan & Co.; Graham, Parsons & Co.; Hall-
Hutton & Co.; The Illinois Co.; -Johnston,
Kebbon, McCormlck & Co.; Kidder; Peabody
Corporation;
additional
f
.
of
E.
*10,000,000 Oweiis-Illinois
Virginia Gas Service Corp. 6% debentures,
Purpose, repay bank loans, purchase equipment,
Price, par and interest. Offered
by Bioren & Co., and
C. T. Williams &
Co., Inc.
,.
.
.
.
,
.
1968.
etc.
25,000,000 Union Electric Co,
A.
through Goldman, Sachs
> •.
■,' •
.
7bbb'b-7 bb'7'-:
r-
Co.;
&
7-
^\'bby':b'■. -' yy.
;V
C.
Merle-Smith;
'Securities Cdrp.;
X
35,000 Southwestern
due
C.
Kirkpatrick-Pettis
&
Swiss
&
■
Co.
Power
Purpose,
% t share. "Offered
.»
'
&
Witter & Co.
Insurance
value
par
value and all classfes of
par
PUBLIC
$20)..
'
Inc.; L. F. Rothschild Ap Co.; Saloimon
Bros.
&
Hutzler; Schwabacher & Co.; Chas. W.Scranton & Co.; Shields & Co.; Singer, Deans & Scribner;
Smith, Barney & Co.; Starkweather & Co.; Stein Bros. &
Boyce; Stern Brothers & Co.; Stifel, Nicolaus- & Co.. Inc.;
Webster Securities
Cartwright
"/.v,■
W.
Co.;
Co.;
Co.; Smith, Barney Sc Co.; Stone
Corp.; Stroud & Co., Inc.; Sweeney,
Co.;
Underwood, Neuliaus & Co.; Union
Securities
Corp.; G. H. Walker & Co.; White, Weld' &
Co.; Whiting, Weeks &
Stubbs; The Wisconsin Co.. and
&
&
& Co.;
Co.;
iE.
Prescott, Hawley, Shepard Sc Co., Inc.j'R. W. Pressprich
&
Co.; Reinhoidt & Gardner;
Rowles, WinstDn & Co.;
<
Clark
Inc.;
Co.;..Curtiss,
'Shepard &
Lynch,
Co.;
Life
; Mitchell. Hutchins &
Morgan Stanley & Co.;
The Illinois Co.;
Co., Infc.; Kidder,
Co.;
Kuhn, Loeb &
'&
Higginson Corp.; Lehman Brothers;
Loeb, Rhoades & Co.; Laurence M. Marks & Co.;
Pierce, Fevmer & Beane; Merrill, Turben
F. S. Moeeley & Co.; Maynard H. Murch &
Co.;.
Northwest Co.; Paine, Webber, Jackson &
Curtis;
M.
Merrill
purposes.
stated
no
I
notes due March,
Placed privately with
Sons; Burnham and
Metropolitan
&
Carl
&
Dick
Co.;
Freres
Co.;
'
;v>-f
p' ; comimted at their offering prices.)
promissory
Insurance
E.- W.
Burr,
&
Murch
&
%
Lines,
Cargo
'
Loeb, Rhoades & Co.;
McDonald
&
Company;
Mackubin,Legg & ^Company;
Laurence M. Marks & Company;
A. E. Masten & Co.f
Merrill Lynch, Pierce, Fenner & Beane; Merrill, Turben &
Co,;
JCalman
&
Higginson
Peabcdy & Co.; Kirkpatrick-Pettis
Co.; Laird, Bissell & Meeds; W. C'. Langley & Co.; Lazard
i-
|
.
W.
Lemon ,&
.
Dairy Products Corn.:37c debentures, due 1970.
expansion.
Price, 102 and interest.
Offered by
Co.;
&
Hilliard
Co.;
Johnston,
Mutual
Life
Brown
Lemon
Lie.; Harris, Hall & Co. (Inc.); Hayden,
Hemphill, Noyes & Co.; Henry Herman'&
& Son; Hornblower &
Weeks; E F.
Co.;
J.
37c
Co.
.■.
(Inc.);
Weeks;
Townsend, Crouter &,Bodine; Dominick &
& Co.; Elkins, Morris Sc Co;; Equitdble
Drexel
Securities Corp.; Estabrook & Co.; The First Boston
Corp.;
Folger, Nolan Inc.; Goldman, Sachs & Co.; Granbery,
Marache-& Co.; Hallowe 1, Sulzberger &
Co.;: Harriman
Miller
*
fl t
a
stocks of
ferred
y'.
^
Corp.; The First Cleveland Corp.; First of Michigan Corp.;.
Gerstley, Sunstein & Co.; Glore, Forgan & Co.;-Graham, :
Parsons & Co.;
Granbery, Marache & Co.; Hallgarten &
Co.; Halsey, Stuart Sc Co. Inc.; Harriman Ripley & Co.; •
Inc.; Harris, Hall & Co. (Inc.); Frederic H. Hateh & Co.;.
Inc.; Hayden, Miller & Co.; Hayden, Stone & Co.; Hemphill, Noyes & Co.; Henry Herrman & Co.; Hornblower &
&
Sons; Butcher &
Julien /Collins
&
Co.;
Co.;
'i
1 i
Dominick :& Dominick; Drexel & Co.; Eastman, Dillon £
& Co.; Elkins, Morris & Co.; Emanuel,viDeetjeii & Co.;1
Equitable Securities Corp.; Estabrook & Co.; Clement-A.
Evans & Co., Inc.; Fahey, Clark &
Co.; The First Boston^
,
Morgan
Co.,
(Preferred-stocks of
L- '4':'
' 1
r
'
Bell
Telephone Co. 35-year 3Ve7c
debentures, due May 1, 1983. Purpose, repay advances to Amerlean Telephone & Telegraph Co. (parent), .construction,
...
'f
;
Collins
100,000,000 Southwestern
.
Hancock
Coffin
V.V'-ri
* >.
■;■
...■■/}
corporate
Mutual
Co.
property
Mutual
•
7'
$4;725,000 Idaho
Purpose,
Alex.
•
Life
i
& Harden;
Ball, Burge & Kraus; Bear, Stearrfs & Co.;
,A. G. -Becker & Co., Inc.; Blair & Co.; Inc.; William Blair
; &
Co.;-Blyth & Co.,- Inc.; Bosworth, Sullivan & Co.;
7-7/
series
to
-
Co.
&.
Co.
&
repay
,int.
&
1
and
Co., Inc.; American Securities Corp.; Ames, Emerich &
Co., Inc.; Arnhold and S. Bleichroeder, Inc.; Bache & Co.;
Bacon, Whipple & Co.; Baker, Watts & Co.; Baker, Weeks
•
y-,b:b.bb'b
1st mtge,.bonds,
Purpose,
Offered
Air
Gearhart & Co. '
privately with ;
! V' ' 1
;
-
Goldman, Sachs & Co.; Lehman Brothers;
.
due
>
Inc.v <7.%" convertible
equipment trust certificates, series A, due May 15, 1951.
Purpose, purchase of aircraft.
Price,. par.
Offered by
'.'
mtge,
first
■
,1
;
i
Johnson
30,000,000 National
bonds, series
Purpose, finance construction.
insurance companies. ^
10-year
capital.
Placed
Manufacturing
Purpose,
1st mtge.
'
r
,
setts
&
'
15,000,000 Southern
<
John
1
;
^
Water Co.
Inc.
America,
& Sons, Inc. promissory note, due May lf
Purpose, corporate-purposes. Placed privately with
insurance company
through Goldman, Sachs & Co.
1963.
^
,
i mtge,
bonds, due 1973.
Sold privately to a group
companies.
(Issues Maturing
MISCELLANEOUS
Caribbean
$150,000 Trans
'
Jacobson
♦5,000,000 Mead
"*'•
«
Notes
-.
*5,000,000 Ma^onite Corp. 3rU note, due serially July 1, 1950-Jan. 1,
1963.
Purpose, corporate purposes.
Placed privately with
Equitable Life Assurance Society of the UnitedvStates. -
The
and
an
■
,
Co.
improvements.
♦1,500,000-South Pittsburgh
B,
Insurance
Insurance
Co.
Purpose, finance
Life
Aetna
-
»
1
.
Bonds and
Up to and Including 'Five ^Years).-
1958.
;'i
:
•
Short-Term
Co.;
12-year 5%
sinking fund c
secured debentures,'due
May T. I960., Purpose, refunding. ;
($80,150); working capital, ($169,850),-Price, par.; Of¬
fered by The Ohio Co.
w
j
ii- fC-
*1,500,000 (F.)
•1,000,000 Pennsylvania Power Co. 1st mtge. bonds; 3% series due
1073.
Purpose,
construction
and 'improvements.
Price,
SOVi
and int.
Sold privately "to Teachers Insurance &
Annuity Association of America; John Hancock Mutual
Life
of
through Blyth & Co., Inc."
*
Halsey, Stuart
by
i
'
■
States
.i
,
'v
;
;
<
<
i
250,000 Herman
Plaped privately. r
100.75
,
M,
addi¬
property
Hutton &
E.
Pulp & Paper Co. Afi
sinking fund bonds, due
March 1, 1961.' Purpose, corporate purposesf.
Placed pri- '*
vately with Equitable Life Assurance Society of the United .
'
•
...
bonds,
due ,1978.
Price,
Co*
&
?
,
3XU7*
mtge.
W.
♦4,000,000 Hawley
■'/.
•.
b••••7
J
1st
Co.
<■'.
'
<
Thalmann & Co.;;
& Co.; Dominick
Weld
Weeks;
,
Electric Sc Gas Corp. 1st mtge. bonds,
Purpose, construction and improve¬
State
series
ments.
Works
($330,000).
York
3%
-v ••
• ;■
Water
Purpose,
Mills
bonds.
Purpose, working
insurance companies.
■
,
A.
5,500,000 New
'*
to John Hancock
Massachusetts Mutual Life, Insur¬
...
'.
series
v
and
White
Co.-; Doolittle & Co.; First Southwest Co.; Piper, Jaifray ■>
& Hopwood, and Stroud & Co., Inc.
v
'
V
*2,500,000 Flour
bonds,
finance
Mutual
mortgage
notes
privately
Co.
♦1,200,000 Mancie
'
'f
:,
first
short-term
repay
Insurance Co., and
ance
3%%
Co.
Power
Purpose,
''
•'
f.
due
Ladenburg,
&
due
series
Co.;
Hutzler;
Higginson Corp.;
Carl M. Loeb,;' Rhoades & Co.;
Spencer Trask & Co.; J. G. White & Co., Inc.; Burnham
1
.
Placed privately.
etc.
&
Hornblower &
''
'
•3,500,000 Mountain
3%
bonds,
mtge,
expansion,
finance
Bros.
Dominick;
Lee
-
•1,000,000 Indianapolis
<fc
Noyes
Salomon
3%
bonds,
mtge.
offerings.
v
:
Volume 167
Number 4707
THE
COMMERCIAL
300,000 'United Telephone fCo., "Inc. 3,000 shares -of 5% 'Cumulative
J7 >
preferred stock (par i$100>.
Purpose, improvements,
Price, $100 per share and div. Offered by City Securities
Corp.
Leonard
'&
&
FINANCIAL
CHRONICLE
(2575)
&
Lynch; F. S. Moseley & Co.; Mullaney, Wells.
Ne&burger & Co.; 'Newhard, 'Cook -& Co.; Alfred'
Co.;
O'Gara
&
Co.;
The
Ohio
Co.;
Paeific-Go.'Of
1,100,000 Genuine Parts Co.,'TOOpOOO shares of common
stock./par
$5).
Price, $11 per share.
Offered *by
Courts & Co.;
Harriman Hjpley
&
Co.
Inc.; W. E. Hutton & Co.;
Clement 'A. "Evans &'Co., Inc.; R. S. Dickson &
Co.; The
RobinsonrHumphrey, Co.; Johnson, Lane, Space & Co.,
Inc.; Brooke, Tindall & Co.; Hancock, Blackstock &
Co.;
-Howard, Labouisse, Friedrichs & Co.; J. H. Hilsman Ss
Co., Inc.; McCarley & Co.; Varnedoe, Chlsholm &
Co.,
Inc., and Alester G. Furman Co.
California;
-Peni%ion, -Golket
&
Co.;
Piper, • Uaffray & •Hopwood;*
Pressprich-&-Co.; Quail'«fe Co.; Reinholdt & Gard¬
'Reynolds-&'Co.; Riter & Co.; The Robinson-Humjfnrey Co.; Rogers & Tracy, Inc.; E.-H. Rollins & Sons
.
•R. "W.
1,000,000 Wichita
fe:red
;
•
Water
'
Park
cumulative
-v
'cumulative
ner;
pre^
Inc.r
Wm. -C.
&
■
<Fla.)
Telephone 3Co,
preferred
($61,200);
share.
per
5%
of
*Ronoy /& -Co.; Scherck, Richter Co.; Schwabacher
Shaughnessy & Co., Inc.; I. M. Simon & Co.;
Co.;
Singer,
160,000 Winter
ing
shares
(par $100). 'Purpose, refunding
($350,000):,
loans-find finance additions ($650,000)." Placed
privately.
-
10;000
stock
repay bank
-
Co.
stock
finance
Offered
expansion
by
1,600
£100).
(par
shares
Of
t Purpose,
($98,800).
Leedy, AVheeler Ac
5%*
R.
refund¬
Price,
& Scribner;
Smith,
Barney & Co.; William
Staats Co.;,Starkweather :&-Co.;
Stein
Bros.
&
Boyce;
17,000,000 Halliburton
Stephenson, Leydecker & Co.; Sterling, Grace & Co.; Stix
&'Cc.; Straus & Blosser; Stroud & Co., Inc.; Swiss American
Corp.; Townsend, Dabney & Tyson; Val "Alstyne,
$100
Alleman, Inc.
Deane
V
)by iLehman
crombie
& Co.; Walston, Hoffman &
Goodwin; A. E. Weltner'
Co^ ilnc.; Wheelock & Cummins, Inc.; White, -Weld &
Co.; Woodard-Elwood & Co.; Wurts, Dulles '&
OTHER
INDUSTRIAL
$250,000 Anchor 'Steel
AND
MANUFACTURING
-stock
P
»j.
Conveyor
Co.
'100,000
shares
common'
Of
(par
$2.50
81)..
Purpose, working capital,
share.
Offered by "C. G. McDonald
per
etc.
Price,
.»'^'?'
MISCELLANEOUS
J $4,500 ,000 American
Co.
14,750
shares
licipating -preferred, stock
construction
of
by Johnson,
86,250
stock
•
-
of
cumulative
America
share.
Offered
Inc.
shares
of
Purpose,
"tWAW.
Co.
50,000
Purpose, refunding
ar-d
working capital
by-Courts &
;
E.
Hutton
of
stock
Co.;
$40
stock
Price,
Harriman
debt'
Co.,
H.
300,000 H
Miller &
Ac Co.; Howard,
Labouisse, Friedrichs Ac Co.;
& Co.,
Inc.; McCafiey Ac "Co.; Varnedee,
&'Co., Inc., and Alester.G. Furman Co.;-v ;7
■stock
American
(no
par).
Machine
Co.
60,000
shares
Purpose,
refunding. Price,
Offered (for subscription by stockholders;
fi'i UW
$5
of
&
-
'
Laboratories, Inc. .1,000 shares of common stock,
"(par $1).
Purpose, •-working -capital;
PTics, $6:50 per
share.
Olferea by Loewi Ac Co.
w'"-"777;-,77' "7
,.
"
H.
,'*7
*
/
Gypsum -'Go. .422,467 shares .-of- *eommoiv stock
Purpose, working capital.
Price* $13.50 per:
Offered lor subscription by stockholders.
Unsub-'
scribed
(15,665)
shares
taken
up
by underwriters and
;
:
share.
place privately.
,
Blyth Ac
&
''7
vr-7;7'.77y>'
\v
'
W.
were:
E.
Hutton
&
Co.;
*
';",V
'-.-v
'
:
fw.
Yarnall
Co.
&
-.«•'•
Ac
ner
»
7
<
Corp.;
'
-
"
i
>
'A/(no
series
'(par
and
par)
$l)^'"-Purpose,
tinit, '-consisting
"
shares
9,000
preferred
common
Price,
(with
'
V
-v
Hornblower
Ac
Ac
.Co.;
A. M.
Kidder Ac Co.;
Schoellkopf,
Ac
Co.; Shuman,
'
Swiss
•i'$ -fijvr-r
Co,;
John
Agnew
Ac
Hutton
D.
VU !
'
Gas
Co.
15,000
preferred
shares
stock
$i/g%
of
(par
$50).
cumulative
Purpose,
120)000 shares of 5%
cumulative
stock (par $50).*
Purpose, reduce
Ac
1
r
Goodwin; Watling, Lerchen Ac Co.; Wertheim Ac
Co.; Chas. B. White Ac Co.; White, Weld Ac Co.; Whiting,
Weeks #Ac Stubbs; The ^Wisconsin Company; Yarnall Ac Co.,
and Zuckerman, Smith Ac Co.
v
purposes.
Ac
short-term loans.
Price, $50 per' share and dividend.
by Goldman, Sachs & Co.; Merrill Lynch, Pierce,
Price, $50 per share. Offered by R. S. Dickson :>
Co., Inc.; Lloyd E. Canady&^Co.; G.fH. Crawford
Co.,
Griffin & Vaden. Inc.;
R, S. Hays & Co.. Inc.:
j
'
&
"
.
7
*'
4,20%
cumulative
l
>.»
•
Carpet
preferred
Co.
50,000
shares
'•; ;-Co, j;
of
_•••
stock
(par $100). .Purpose; |
plants, etc.
Price, $102.50%
Morgan Stanley Ac Co.; •
Dominick AcDominick; Goldman, Sachs
AcCo.; Harrimani
Ripley. & Co., Inc.; >Kidder, "Peabbdy Ac Co.; Lehriian"
Brothers; Smith, .Barney & Co.; Reynolds Ac Co., and
expansion
and
share
per
,
-Sons
-&
Shields
&
betterment
anddiv.
*
Mullaney,
•
(F.
C.)
Stearns
Hardware,
preferred
stock
Inc.
(par
2,000
shares
H.
Murch
Co.;
&
Carolina
'
6%
$10),
^!^:;^Price,:$17;50
$100).,
Purpose, refund-'
log ($65,000); working capital ($135,000).
Price, par. .
Offered by Southern Securities
Corp,
stockholders.
,
V
-
The
10,000
Co.
shares
&
Purpose,
Increase
capital
share.
Offered
for
per
and
i,
'-
^5%
stock
preferred
etc.
Price,
$10
"
-
$35,264 Palmer Stendel
Oil
Corp.
\77-7cif-y-V^Cpar $1); .Purpose,
V
*
20 cents per share.
shares of cumulative convertible
Purpose, working capital,
Offered by While, Noble &
' "
20,000,000 Sunray
^and
corporate
'
"
-
agent,
"53
du.Pont
man
The
&
Co.;
Emanuel,
B.
Dunbar
Deetjen
&
&
Co.;
Co.;
Francis
Farwell,
I.
,.v*-'(
-
;'.
,
'
i
Co.;
Hayden,
Stone
& <Co.;
|v' ./j#,
Merrill,
«-
Ootical
.
Price,
par).
)'
&
Co.; The'Marshall Co.; A. E;-Masten
Turben & Co.;. E. W. & R. C. Miller
&
Co.;
&
Co.;
Minot; Kendall & Co., Inc.; Mitchum, Tully & Co.; Moore,
,
.*
i
.; -
■
1
,
;
82,000 Northwest Engineering Co. 2,000 shares of common stock
V, <
(no-'par).- Price, $41 per share. Offered by Blyth Ac Co.,
•
Inc.
•'-
.
\
-
Glore, Forgan Ac Co.
*
t
^
.
%V
58,125 Puget
■=;' stock
Sound Power & Eight 'Co. 5,000
(par
$10).
Price, .$11%.
Blyth Ac Co., Inc.
Credit
T.55%
Banks
consolidated
-
61,000
Co.
$38.50
per
shares
share.
of
shares of common
Offered by
share.
V-'
per
r,.;'
'(l
'
.
;'
160,000 Shelter -Manufacturing "Co. 10,000 shares of common stock
*
<par $1). Price, $16 per share. Offered by Shields Ac Co.
•
-
76,338 Soss
/
.
,
,
;
;
r
•'.*
Manufacturing ^Co;"'58/482
(par $1),
Price, $9
per
■'
share.
shares
of
stock
common
Offered by Ames,-Emerich
.7
„.;\i ,J.)-;-
,
t
111,000 Sterling Drug'Inc. 3,000 shares of common stock (par $5).
Price, $37 per share. Offered by Blyth & Co:, Inc.'
w
:
common
4,453,750 Texas Co. 79,000 shares of capital stock (par $25). Price,
$63,625 per share.
Offered by Smith, Barney Ac Co,
stock
Offered by Harriman
Ripley' & Co.; Inc., "and Estabrook & "Co,:;*r
30,000 Anchor -Steel
•
stock
G.
(par
&
Co.
Pricey
Co.
.
20,000
$2.50
Conveyor
$1).;
McDonald &
per
shares
share.
.
•
1,299,4^0 Bareco Oil'Co. 162,435 shares of
Price,
r/i ^
W.
C. -Langley
&
Co^; Lee Higginson-'Corp.; Lehman'"
Brothers;' S. R. Livingstone & Co.; Loewi & Co.; McCourt- f
ney-Breckenridge & Co.; McDonald & Co.; McDonald-
Pierce, Fenner Ac Beane;
r
Issues Not Representing New Financing
(no
Hemphill,
4
:
.*
-consolidated
1, T949. Pur($35,270,000).
Price'":-par.«-•-Offered by Charles R. Dunn, fiscal agent,
New York. •:.V-/>-..„■ - •
$2,348,500 -American
Sons; Glore,
&
Co.,
<
.
7?"
,
"
*•
H**:
*:
common
Of
V
Price, $18.75 per share.
common
Offered
■
by
•
7-"
(par $1).
Corp.
Price. $13.75
22,963
shares
of 'common
stock
per share.
Offered by Hornblower
Price.
-and
.
(par $1).
McCormick &
$8 per share.
Offered by Kebbon,
CO.;-Laurence M. Marks & Co.; The Milwaukee Company;
Ames, Emerich & Co., Inc., and Wagenseller & Durst, Inc.
316,015 Electrographic
94,000 "Vemey
7v-
stock
50,625 (Philip) Carey Manufacturing Co. 2,500 shares of common
* Stock "(par *$10>. Price, $20.25 per share.
Offered by
Blyth & Co.,.-Inc.
..
'178,125 Thew Shovel "Co. "9,500 shares of
*
Miller
New-
.
*
7
Chap- '
Noyes & Co.; Hill Richards & Co.; Holley, Dayton &
Gernon;
Hornblower
&
Weeks;
Janney & Co.; Jenks,
"Kirkland & Co.; Johnson, Lane,
Space & Co., Inc.;,Johnston, Lemon & Co.; Kay, Richards & Co.; Kebbon, McCormick & Co.; Kidder,
Peabody & Co.; Kuhn, Loeb & Co.;
"Moore
'
(Inc.);
884,125,000
Forgan &'Co.; Goldman, Sachs &
Co.; Graham,;Parsons & Co.; Granbery, Marache & Co.; '
Grande
& Co., Inc.;
Hallgarten & Co.; Hallowell, Sulz- »
berger<•& Co.; Hamlin & Lunt; Harris, Hall & Co. (Inc.);
Hayden,
York.
•«/
"
Ac Go.
Co.; The First Boston Corp,; First California Co.;*,
First
Cleveland
Corp.; Foster & Marshall; Robert ;
&
L45%
Banks
Co.
Ranson-Davidson
2,932,500 National Steel Corp. 30,000 shares of: common stock (par
*
'
$25).
Price, $97.75 per share. ■ Offered by The First
*"r
Boston Corp.; Harriman Ripley Ac Co., Inc.; Merrill
Lynch,
*
debentures, dated June -1, 1943, due March
; : pose, refunding ($18,025,000); new money
;
''■'if?1'
&
Garrett
New
,295,000 Federal Tntermediate
.
John
Credit
Republic
The
^
Sullivan Sr. Co.; Bourbeau & Douglass; J. C.
Bradford & Co.; Brooke, Stokes &
Co.; ;Aiex. Brown &
Sons;
Buckley
Securities
Corp.;
Butcher
&
Sherrerd;
H. M. Byllesby & Co.
(Inc.)i Caldwell Phillips Co.; Chace,
Whiteside, Warren •& Sears, Inc.; Richard W. "Clarke &
Co.; Julien Collins & Co.; Crowell, Weedon & Co.; Crut- •'
tenden & Co.; Curtiss^ House &
Go^.; Davies & Mejia;,
Paul H. Davis &
Co.; Davis, Skaggs & Co.; Dempsey &
Co.; Dempsey-Tegeler & Co.; Detmer & Co.; Dittmar & /'
Co.;
*
■
Tm"' debentures, dated June 1, 1948, due Nov. I, 1948. Purpose,
'
refunding. ?:Price, par. Offered by Charles R. Dunn,.fiscal,
(f';(
Bosworth.
&
Intermediate
Federal
Central
Company;
Inc.; Stifel, Nicolaus Ac Co., Inc.; Estes, Snyder Ac Co.,
Inc.;. Barret, Fitch Ac Co., Inc.; Beecroft, - Cole Ac Co.;
H. F. Boynton Ac Co., Inc.; MasonrHagan,
Inc.; Pacific
Northwest Co., and Straus Ac Blosser.
.1v.'
r
$30 ,830,000
Ac
Doolittle
-
1 fl^arm Loan and Government Agency Issues
Oil
Co.; Battles Ac Co;, Inc.;, Bear, Stearns & Co:;
G.-Becker & Co.,
Inc.; Bingham, Walter & -Hurry;.*
Co.;
O'Ncal-Alden^CO., Inc,
Sons;
Ohio
Inc.
i
,
"
,
pre¬
purposes.
Almstedt 'Brothers,
share, i-i- Offered-by
per
cumulative
corporate
;
Corp. 800,000 shares of *4%%
cumulative
preferred stock, series B (par $25). Purpose,!
f:-"
" .'general corporate purposes.
Price, $25 per share. Offered.-)
by Eastman, Dillon & Co.; A. C.,Allyn -Ac'Co. ■ Inc.; Ames, *
7& Co., Inc.;
Bacon, Whipple Ac Co.; Bateman, 7.
A
6%
of
Purpose,
The
"71,250 Klmberly Clark Corp. 3,000 shares of common stock (no
:par).
Price, $23.75 per share. Offered by Blyth Ac Co.,
$11,936,000
v-'1
Eichler
$10).
Price,
purposes.
convertible
.'
$10
(par
Co.;
,
.f '
shares
40.000
Co.
1
>
,
WiHon*.Trehk%^;Burkhol«3(?r,
176,320 shares of capital stock '
general
Ac
•
--
*
Offered for subscription by stock¬
holders. Unsubscribed shares purchased
by Burnham & Co.
f;
stock
i1/.Price,
.
•
Finance
ferred
Ac
hard, Cook Ac Co.; William R. Staats Co.; Mackubin, Legg
f,
:
400,000 Times
■/'*
shares of common stock
share.
Offered by Stifel
Weeks;
Alex, Brown
.
by
share/
'Co.' and Clair S. Hall ■'& Co.
OIL
v
,j
'
(par $10).
per
per
Brothers
j
I"
Inc. 30,000
1,500
Co.
F.(S.
,
,
surplus.
subscription
Ac
W. E. Huttcn Ac Co.; W. C. Langley Ac Co.;
Moseley Ac Co.; E.H. Rollins-Ac-Sons Inc.; Stern
Ac
Co.; A. C. Allyn and Co., Inc.; Bateman,
Eichler Ac Co.; A. G. Becker Ac Co. Inc.; Paul H. Davis
Ac Co.; Johnston, Lemon Ac Co.; Harris, Hall Ac Co. (Inc.);
Reynolds Ac Co.; Hayden, Stone Ac Co.; Boettcher and Co.;
-
,,t
,
capital!
of
Sash & Door Co.
$5).
Price, ,$34.50
3,900,000 Kansas Gas & Electric Co. 150,000 shares of common stock
fno par). 'Price, $26 per share. Offered by Union Securi'
ties Corp.;:Stone *Ac Webster Securities-Corp.; Hornblower
>;
•
"Sperti Foods.
'
$13,511,035
(par
i
,
^'t. }'■/!■■;.
300,000
250",000 Tridn, Inc. '50,000 shares of common stock
(par $2). 2
Purpose, to repay bank borrowings, working
capital, etc.
Price, $5 per share. Offered by A. E. Masten & Co.
Insurance
..
»
Curtis;
y.U'ij.'"stock■ (par
of
*
Nicolaus
Co.
-cumulative
,
Maynard
Gardner;
175,000 South
200,000
Co.;
&
*
,
Company;
Jackson
&
-
Wells
51,750 Huttig
-
*(l
Lehman
Pacific Northwest Co.; Paine, Webber.
II, Oj Peet >■& Company; Reinholdt;
Reynolds & Co.; E. H. Rollins & Sons Inc.;
L. F. Rothschild & Co.; Stern Brothers & Co,; Whiting,
'Weeks if Stubbs, and The "Wisconsin Co,
\
by
Kebbon, McCormick & Co.; KirkpatrickBrothers; Carl M. Loeb, Rhoades &
Inc.;
Co.;
Blyth Ac Co., Inc.
174,000 Holland Furnace Co. 6,000 shares of common stock (par
j
$5), Price, $29 per* share. Offered by Blyth Ac Co., Inc.
-Loewi! & ''Co,; - Marx & Co.; Merrill, Turben & Co.;
Ohio
of
Offered
■'
Co.,
.Pettis
i
*5,000;000 fAlexander) 'Smith
■/■■■
Becker & Co.,
Inc.; Bosworth, Sullivan & Co.; Central
Republic O. (Inc, ); "Clark, Dodge & Co.-;-: Cruttenden &
Co,;- J. M. Dain & CO.; First Trust Co. of Lincoln; Gran-'
"bery, Marache & Co.; Hayden, Miller & Co.; Hayden,
Stone & Co.; Hemphill, Noyes & Co.; Henry Herrman &
'.Co.; Hornblower & Weeks; W. E. Hutton & Co.; Kalman
.
,
Inc.;
,
7,334,808 Hawley Pulp & Paper Co. 188,072 common shares. Price,
i(approximately) $39 per share,* Placed privately through
'Fenner & Beane; Piper, Jaffray & Hopwood; C. S. Ashmun
CO/, Ball, Burge & Kraus; Bateman,^Eichler & Co.; A. G.
con¬
corporate
Smith,
Amerioan -Corp.;
man
Offered
vertible
Co.;
Spencer Trask Ac Co.; Tucker,
Ac Co.; Underwood, Neuhaus Ac Co.; Union SeCorp.; Vietor, Common, Dann Ac Co.; Walker,
Austin 'Ac Waggener; G. H. Walker Ac
Co.;. Walston, Hoff-
by Stifel, Nicolaus & Co.
v
Ac
curities
$29 per
warrant)
>;V.
-J
750,000 Rulane
Pomeroy,
Inc.;
Co.; Shields Ac
and
M/Simon
,
:6;OOO,0OO Gamblc-Skogmo, Inc.
convertible* preferred
Ac
Scott
I.
Co.;
Anthony
y:f\
.
.
Kidder, Peabody Ac Co.;
Ac Co.; Lee Higginson
Barney Ac Co.; William R. Staats Co.; Stein Bros. Ac
Boyce; Stern, Frank Ac Meyer; Stone Ac Webster Securities
Corp.; Straus Ac Blosser; Stroud Ac Co., Inc.; Sutro Ac Co.;
"
Offered
Cook, Inc.; Hallgarten Ac Co.; Harriman.
Inc.;
Hayden, Stone Ac Co.; Hemphill,
Hentz Ac Co.; Henry Herrman & Co.;
Hickman;
"
stock
of
share
Southwest Co.; French,
Co.; Goldman, Saehs Ac
Graham, Parsons Ac Co.j
Co.;
Ac Co.; Rowles, Winston
Ac Co.; Dallas Rape
Son." RusS/Ac Co.! Sanders Ac Newsom; "Schneider, iBernefe
&
stock,
purposes.
preferred
one
-and one-common share.
Co.;
Schwabachet;
cumulative
corporate
of
Co.,
Ac
Rothschild
*'
-
shares $1,50
9,000
Co,
&
Ac
Ac
Corp.;-.First
Glore, Forgan Ac
Goodwin
Masten
Ac
Co.; 'McDonald Ac Co.; The Milwaukee Co.;
Mitchum, Tully Ac Co.; Moore, Leonard "Ac Lynch; Moroney,
Beissner. Ac Co.j'-.F.sS. Moseley Ac
Co.;-Newburger Ac Co.;
!VA> *'*.:% The Ohio Co.; Pacific Co. of California;. Pacific 'Northwest Co.; Paine, Webber, Jackson Ac
Curtis; J. R. Phillips
Investment ; Co.;
Piper, Jaffray Ac Hopwood;
Prescott,
(.'/fvy>.V: Haw-ley, Shepard Ac Co., Inc.; R. W. Pressprich Ac Cd.;
Raggio, Reed Ac Co.; Rauscher, Pierce Ac Co., Inc.; Reinholdt *Ac Gardner;
Reynolds & Co.; Riter Ac Co.; E, H.
HI:''//-'
Rollins Ac Sons Inc.; Rotan, Mosle and Moreland;'L. F.
l;
261,-000 Gall
Collins
Corp.; Lester Ac Co.; Carl M. Loeb, Rhoades Ac "Co.;
Lynch, ('Allen Ac Co.; Laurence M. Marks Ac Co.; A. E.
wV-
,
Julien
-
Inc. ,37,500 shares of common stock.
''('Purpose, purchase of aircraft. Price, $8 per share, Of*
fered ' by "Lehman Brothers;: J.. Barth 7&/Co., *knd Irving
^ f,'Lundborg & Co.
{
Co.;
mick
!'300,000 Continental Airlines,
Beane;
Central
Co.;
W. 'C. Langley Ac Co.; Lazard Freres
7:
r
Smith, -Barney Ac Co.; Union
Securities
Republic Co. Inc.; Clark, Dodge Ac Co.;
Drexel Ac Co.; Hallgarten Ac
Co.; Hornblower Ac Weeks;!
Paine, "Webber,'Jackson &lCurtisV*E'. H, ^Rollins & Sonki
''"','''^4^t;3iic.^^Whit0#l.Weid' Ac Co.; -Dean Witter & Co.; Johnson.
'
Michigan
1. -j
.
Schoellkopf, Hutton & Pomeroy, Inc.; Schwabacher & Co.*, ;
Shuman. Agnew & Co.;.Singer, Deane & Scribner; William j
R. Staats Co.; Stein Bros. & Boyce; Stern
Brother,^ & Co.,* :
and
Ac
*'
„
&',CcL;-;
Cohu
•;
:m
Poet &
O.
&
Ac
Burnham-and Co.; Burton Ac
Co. (Inc.)( B. V. "Christie Ac
Co.; J. J. B. Hilliard Ac Son; Hirsch
Ac Weeks; Howard, Labouisse, FriedCo.; R. S. Hudson .Ac Co., Inc.; W. E. Hutton
>&»Co.; .The /Illinois. Co.; Ingalls Ac Snyder; James Ac
Stayart, Inc.; Johnston, Lemon Ac Co.; Kebbon, McCor(Ac
richs
son
:•
""
-
&
Blair
Bradford
"Noyes Ac Co.';' H.
Hill, Richards Ac
:«
,
Stern, Frank & Meyer; Straus & Blosser; Stroud & Co.,
■Ihc.; Sutro
Co.; Vietor} -Common, Dann & Co.; Watling,
Lerchen & Co.;-Chas. B. White & Co.; Dean Witter &
Co., J
Loeb
Ripley & Co., Inc.; Hemphill, Noyes & Co.;
Kidder, .Peabody AcCo.;7Lazard Freres AcGo.;LeeHiggin*7i
Corp.; Lehman Brothers; "Merrill Lynch,
Pierce, Fen-?
'
*
Underwriters
Co., .'inc.; The First Boston Corp.;
Kuhn,
Glore. Forgan Af Co.;
Goldman, ^chs
"Harriman
v
'
*
Co.;
Ripley
& Co.;
Co.;
C.
Elworthy -Ac Co.; Emanuel, Deetjen Ac
Ac Co., Inc.;
Farwell, Chapman
Boston
Corp.;
First California
Co.;
First
H.
Greenman
Inc.;"
Turben & Co.; ' Minsch, Monell & Co.; Moore,
& Lynch; Maynard «H. Murch &
Co.; Newhard,
Co.; The Ohio Company; Pacific Northwest Co.;.>
&
of
Co.; «R.
.
Co.; Jenks, Kirkland & Co.; Johnson, Lane,''
Co;, Inc.; "Johnston, Lemon-& Co.; T. 'H. Jones
&
Becker
Evans
A.
The
Rogers' Ac
.V. -
v:
,
Co.;■)
$1):
>'(par
r
-
Kraus;
Bateman,
G.
Ac
Eubank;
Clement
Co.;
First
Co.; Piper, .Jaffray & Hopwood;: Putnam &
Co.; Rambo, Close & Kerner Inc.; Rauscher, Pierce & ;
Co. Inc.; Reinholdt & Gardner; Riter & Co.; The Robinson- •
Humphrey Co.; Robinson, Rohrbaugh & Lukens; E. H. f
Rollins & Sons-Inc.; Wm. C. Roney & Co.; Russ &
•5,703,305' National
„
Nolan
Ac
Co.;
Fauset,,
A.
Ac
Ac
Ewing &
Co.;
Noonan,
Elliott
-
Robert C, Jones & Co.; Kalman & Co., Inc.; Kay,.
& Co.; A.
M. Kidder & Co.; Laird, Bissell-
Leonard
Cook
*;
■S '
Co.;
Merrill,
1
,
6,500 Lakeside
•
C.
&
& Co., Inc.; Dittmar Ac Co.;
Dixon,'BretInc.;
Dominick
&
Dominick;
Eastman,
Co.; Eddleman-Pollok Co.;
A. G. Edwards Ac
Sons; :R.VJ. Edwards, Inc.; William "N. Edwards Ac
Co.;,
i
/..v
Stearns
Dickson
Dillon
■
Richards
share.
,
R. BS.
Weedon
scher,
$
Meeds; Carl M. Loeb,. Rhoades & Cp.; Laurence M. Marks t
& Co.; Mason-Hagan, "Inc.; A. E. Masten &
Co.; McDonald
& CCo.;
McDonald-Moore & Co.;
Mead, Miller & Co.;^
>Jr
common
per
Allen
Co.j^Henry Herrman & Co.; Hill Richards
Janney &
•Space' and
Hismen
& <B
Alex.
& Hess; Goodbody & Co.;, Granbery, Marache &.
Co.; Hallowell, Sulzberger & Co.; Hamlin & Lunt;
Hayden, ;
Blackstock
Chiiholm
,
Fridley
Inc.;"*
&
Co.; C.ement-A. Evans '& Co., Inc.; R. S.
Ac
Co.; The Robinson^Humphrey Co.; Johnson,
Lane, Space Ac Co., Inc.; Brooke, Tindall Ac)Co.;
Hancock,"
,J.
Co.; Clement A. Evans & Co., Inc.;
Folger,
share.
per
&
&
Co.; Fahey, Clark & Co.; Farwell,-Chapman &
Co.;
Steele & :Co,; *First Southwest-Co;;
(par
current
$11
Ripley
Co.;
Bear,
& Co., Inc.; Courts Sc
Co:;
Co.; J. M. :Dairi Ac Co.; Dallas Union
Trust
Co.;- Paul H.-Davis & Co.; Davis, Skaggs & Co.;
Dempsey-Tegeler Ac Co.; Dewar, Robertson Ac Pancoast;,
Crowell,
Co.;'Courts "& Co.; Curtlss. "House & 'Co.; Davies &
Mejia;!
Paul H. Davis & Co.; DeHaven &
Townsend, Crouter &
Bodine; Dittmar &Co.; Doolittle Ac-Co.;.,Francis I. du Pont
Dickson
.i,
;
,
Brush, Slocumb & Co.;'C. F. Cassell & Co.,"
Inc.; Chaplin
Co.; J. Wilbur "Chapman & Co.; B.
W.^
Clark'& Co.; Richard W. Clarke &
Co.; Collin, Norton &
(par
Price,
common
($67,400); "retire
($482,600).
Offered
W.
shares
eommon"
of
Brown & Sons;
•
?$5).
shares
.Leary &'Co.;'Bateman, Eichler &'Co.; Bear,
Co.; William Blfiir & Co.; J/ C. Bradford
common
working capital.
Price, $3:75,
Offered by Mitchell, Hoffman &
Co., Inc.
550;000 "Genuine'Parts
500,000
Weeks !& -Harden; Ball, Burge
Co., Inc.; J. Barth & Co.;
«fe
Co.;
"cd-. ,'Inc.; "Beer *.& Co.; ^Herman Bensdorf
Co., Inc.; H. F. Boynlon & Co., Inc.; J.
Kraus;-Barrow,
Stearns &
'23,000
,
:
Go,
..
(par $1).
-Purpose, repay loans,-capital-expendi¬
tures, etc.
Price, $9 per share.
Offered by Dillon, Read.,
& Co. Inc:; A. C.
Allyn & Co. Inc.; Auchincloss, Parker
& Redpath; Bache & Co.;
Ball, Burge &
,
finance
per
Broadcasting
,
&
Co.; Brush, Slocumb & Co.;
./Co., Inc.; Central Republic
Co:; -Ciaik, Dodge & Co.;
'&
Co.; George 'R. Cooley
^
•"
stock
par-
Purpose,
Foote
Mineral
Co.
3,000 shaier of common
$2.50)... Purpose, general coiporate
.purposes.
per share.
Offered by Estabrook Ac Co.
/
"
\
50c.I.
per-share.
r
120,000
^
Corp.
6%
Price, $20
Lane, Space & Co.,
Dryomatic
(par
plant.,
new
of
(par j$20).:
Baker,
Fitch
•ticnler
$20,035 ,264
Co.
Ac
&
"Go.l
jBarret
i
&
295,000 Derst'Baking
7
t!
and
Co.,
Yarnall & Co.
.
•
-
•
&
Well
Cementing Co. 680,000 shares of
(par $5).
Price, $25 per share.
Offered
Brothers; Blyth & Co., Inc.; Lovett, ;AberCo.; A. C. Allyn & Co., Inc.;
Bacon, Whipple
Oil
stock
common
,
Noel
$36,311,805
7
$11.75
F.
stock
,
Offered by
H.
Corp."8,000 shares of common
S.
(720,000 Virginia
*-
common
per
shai-e.
Electric
(no
Offered
Moseley Ac Co.
par).
Peabody & Co.
7 (325,000 Walgren Co.
Price, $32.50
M. Byllesby Ac Co.
stock
(par $2.50).
White, Weld Ac Co.,
-
Co. '40,000
Price, $18 per share.
'
shares
share.
(par $3).
•"
Power
10,000
per
by
stock
of
shares
of
common
Offered by Kiddejr,
common
stock
(no
par).
Offered by Shields & Co.
$42,867,266
•Represent issues
placed
privately.
(Indicates
special offerings.
8
Corporation and
Expenses
Prow for Fed.
Investment News
(Continued from page 2)
energy
County, Calif.
Interstate Telegraph Co., a wholly owned sub¬
sidiary, supplies telephone and telegraph service in California and
Nevada, principally in the same territory in California served by the
company north of San Bernardino.
The United Farmers' Telephone &
Telegraph Co., also a wholly owned indirect subsidiary of the company,
supplies telephone and telegraph service in and around Gardnerville
and Minden, Nevada,
in a part of the resort area on the Nevada
shore of Lake Tahoe, and in and around Markleeville, Alpine County,
■:
INCOME
CONSOLIDATED
,
1947
/'ft.ft'....
1946
ft,
Checker
1945
$7,623,798
4,291,970
917,651
943,790
12 Weeks Ended—
Net
$2,705,672
$2,388,038
129,238
118,006
16,387
$2,506,044
793,789
441,295 ft
profit
......
648,355
Capital
766,807
$1,327,491
$1,379,398
(& Subs.)—Earnings—
J
1947
$4,883,833
and
general
ex¬
including depreciation....
;
$4,335,700
Gross
Profit
$573,451
before
rnd
interest
,
*Net
capital
>
income.
on
$774(326
125,004
128,921
loss
gains,
ft'
ft"
197,321
ft
operating profit
""Excluding
p..1783.
$663,103
$622,983
taxes
$301,015
and
412,301 ft
505,492
$139,912
$125,798
adjustments.—V.
surplus
•
166,
the
ft*
Canadian Pacific Lines in Maine—Earnings—
Gross
1948
from
Net
Net
ry.
'
1947
./ft
1946
ft
1945
railway....
$564,511
$614,066
$566,187
$752,888
railway......
from
159 973
245,718
193,841
416,149
income...
51,488
125,538
83,518
298,801
oper,
From Jan. 1—
Gross
from
Net
Net
ry.
railway
railway......
from
2,605,089
2,513,348
2,345,103
2,581,362
892,383
904,344
756,508
1,092,932
income...
419,015
ft'/ 437,207 ft/ 301,163
649,698
oper.
—V. 167, p. 2026.
Canadian Pacific Lines in
ft"!
'April—
Gross
from
Net
from
Net
ry.
railway....
1947
-
$222,626
$201,436
''I
>'
1946
mailed
the
state
$131,346
ft $143,321
*3,134
*68,782
*15,254
*92,768
*62,503
*121,078
*68,251
806,298
income—
ft' 694.322
,514.115
From Jan. 1—
Gross
from
Net
from
Net
ry.
«
railway.-..
railway
income...
oper.
,
457.496
*226,280
♦Deficit.—V. 167, p.
*164,753
*323,517
*258,037
*491,786
•
*401,199
*528,885
*154,999
2026.
ft
:■
price
the
1%,
parties.
the
rate
the
Gross
earnings
Working
ft' 1948—Month—1947
___y_
expenses
27,520,495
26,197,131
__ —
earnings
1,323,364
1,734,871
97,595,195
94,584,809
highway trucking organizations in
Canada the Canadian Pacific Transport Co. and its subhv M
APeJ«
2;i00 mlles of routes- it was disclosed on
by M. A. Keays, Manager of the
c
'w
company.
^?«iy"0WIled subsidiary of the
?.
,
trans-!
Canadian Pacific Ry., the
i°?erating to Provide ."The undoubted advantages of
" conjunction with rail service in such a way that
IS IaLtranf,?°rt
Mr
Taid receiv® tlle advantaees of both kinds of transport,"
Keays
P08".1011
of
the
and
however,
transport
openly
with
other
♦}awbich the transport
to
«
intend
in
engage
de*ires
is
company
highway
Bive
the
transport
to
operators
It does not,
competition
best
intends
with
other
highway service that
t SS b0Jii in- over-the-1-oad trucking and in conjunction with
said
P ^- n
Canadian Pacific Express Co.," Mr.
^eays
Transport Co. and its subsidiaries operate 138 pieces
including trucks, tractors and trailors on routes in
Manitoba, Saskatchewan, Alberta and British Columbia.
JfLS!' ^r' wKeays Ontario.
said' the
operate in Quebec
»ot
or
23£»
he
Canadian Pacific Transport does
"Some consideration
thrCe
involving
buildin&s.
Itll Thomas St., inclusive.
rhnm9^NiW,Y0irk'
19-29
buildings
location
*LJP
feet
are
occupied
since
1925.
with
by
The
a
cube
buyi«g, company
jmnts
located
at
Pl"nS haVe "een
the
$1,000,000
66-68
70-72
recent
Worth
They
all
who
have
two-basement
and
been
this
at
buildings
contain approximately
2,000,000
three
cover
ft
151.
25
167,
p.
ft.
F,
Miller
and
Engineer
in
has
been
appointed
stock
common
(par $10)
1691.
Assistant
Technology Department.
stainless
and
alloy
steels
During
remainder
the
the
$15,300,000
period
there
and
sheet
balance
view
funds
this
that
cost
initial
payment
of
of
would
unfavorable
its
the
new
on
continued
on
Jan.
was
the
it,
on
should
of
1,
the
net increase of
a
asset
State,
Federal
Prov.
ft
to
the
Vice-President,
was Development
Department.—V. 167,
He
formerly
for
that
41,250,938
33,171,762
15,749,352
67,073,770
59,415,057
3,545,848
2,927,836
15,012,955
12,157,339
7,437.825
6,241,885
26,674,382
23.268,331
misc.
and
income
for
5,904,800
6,061,000
18,456,800
17,353,900
5,558,639
taxes
depreciation
5,031,987
21,152,247
19,817,028
119,524
478,095
478,095
11,556,759" 34,444,887
35,175,037
additional
of
cost of
119,524 /
utility plant
Net oper. income™
Other
11,077.215
income
Gross
299,003
263,409
1,597,817
1,561,153
11.376,218
11,820.168
36,042,704
2,100,000
2,100.000
8,400,000
36,736,190
8,400,000
375,000
1,500.000
1,500,000*
15,351
13,694
55.604
Cr200,070
Crl83,253
ICr499,217
58,190
Cr348,953
9,085,937
9,514,727
$0.66
and
basis
of
that
scale
ft $0.69
26,586,317
$1.94
27,126,953
$1.98
recent
jeopardy
borrow
substantially
was
per
by
awarded
bids
Harris,
is already assuming
applicant. Notwithstanding
which
of this
one
Commonwealth & Southern Corp.—Weekly Output—
weekly kilowatt hour output of electric energy of subsidiariea
this corporation adjusted to show general business conditions of
territory served for the week ended June 3, 1948, amounted to 295,377,629 as compared with 260,869,263 for the corresponding week ia
1947,
increase of 34,508,366
Quarter
Tons
Net
Ended
March
or
13.23%.—V. 167/ p. 2464.
Ltd.—Earnings—
income
19 46
1947
1948
31—
28,260
ft 29,310
29.210
$307',924
$229,865
$282,639
milled
ore
metals
from
Development
producedcosts
231,399
214,000
211,502
$76,525
operating
and
a year to dividend purposes.
therefore, there is a cushion of sub¬
available to absorb shocks prior
from applicant's debt structure.—V. 167,
on
Hall
bid
a
were
&
of
'■
-ft
99.33,
submitted
Co.
(Inc.)
Equipment Issue—
will receive bids
up
L
Operating
profit
Non-operating
revenue
on
and
$15,865
$71,137
profit
Provision for
1,131
3,277
$16,995
Drl0,641
securities
sale of
Total profit
i
$74,415
ft
$65,883
16,000
22,678
879
$49,883
taxes__-_
Profit before write-offs
$16,116
•-
'■•'■••■■■■
at
99.8113
for
ciation.—V.
V
:
ft
167,
846.
p.
The
company
' ft
ft
■
Redemption—
has called for redemption on July 1, next,
at 101 tend-
mortgage 3xUrM series B bonds
the Hartford National Bank &
Co., trustee, 777 Main St., Hartford, Conn.—V. 167, p. 1585.
interest,
due
'
•
t
Connecticut Power Co.—Partial
$20,000
of
Payment
1967.
Trust
first and general
will be made at
ft!'ft/'
Edison
Consolidated
Co.
of
New
York, Inc.—Deben¬
Placed—Subscriptions to the offering of 15-year
convertible debentures to company's stockholders
tures
3%
totaled
under
$53,060,100, or 92.5% of the $57,382,600 offered
rights which expired at the close of business
June 8.
ft
about
•
ft. ft..;ft.:,
ft!ft-ft■
■ ■
'
"ft
Halsey, Stuart* & Co. Inc., as representative of the
several underwriters, received competitive bids June 10
for the
2%s,
23/4S,
ft
167, p. 2464.
$51,737 i
5,429
*
an interest cost of
the sale: 99 15 for
and
4,539
<Cr846
Capital expenditures
ft
/ft NOTE—In the above figures no allowance has been made for depre¬
$4,322,500 3% convertible debentures due June 1,
through the exercise
1963 which were not subscribed for
sub¬
ft' : ft'ft
of
subscription warrants.
Thirty-two bidders entered
for a principal amount of $14,453,000 debentures.
six bidders who offered the highest prices were
bids
The
■
ft/ft
awarded
(CDT) June 28. at office of
Severs, Vice-President, Room 744, Union Station Bldg.,» Chicago,
for
the
purchase of $3,820,000 equipment trust certificates, series
"EE."
Certificates will mature $191,000 semi-annually Jan. 1, 1949July 1, 1958.—V. 167, p. 2464.
Company
an
Coniaurium Mines,
annum
by Halsey, Stuart & Co. Inc.—V.
Purchase of
income__
net
The
earnings,
resulting
other
chgd. to construction
of
the
$2,460,000 2%%
maturing $82,000 semi-annually Jan. 1, 1949-July 1, 1963.
The certificates were priced to yield from
1.35% to
2.875%, according to maturing.
Two
375,000 ft
deductions
Con sol.
Securi¬
offered
equipment trust certificates, series F,
issue
ft:'.
ft
Earnings per share
—V. 167, p. 2359.
likely to have an adverse
The practice also tends to
■■■'
submitted
debt
s
is
maturities
case
however,
amount
expense
Other
1948,
29,
funded
on
Amortiz. of debt discount
$15,393,000
Feb.
of
as
income
Interest
Chicago & Eastern Illinois RR.—Equip. Trusts Offered
J.
9,265,589
17,365,535
taxes
Amortiz.
—Salomon Bros. & Hutzler; Drexel & Co.; Union
ties Corp., and Stroud & Co., Inc., on June 9
mitted
local
Federal
position it is quite under¬
to
securities.
such
2464.
The
$
56,953,932 224,544,074 200,836,549
11,788,965
Elec. production fuel_
/
currently devoting about $24,000,000
stantially
2.72%.
.
1948- -12 Mos.—194T
1948—3 Mos.- -1947
ft
$
62,798,351
Other operation
/Maintenance
year aggregate
equipment obli¬
circumstance convinces us that
we
may properly approve
this application without modification.
The
applicant has a long and favorable record of earnings and dividends.
p.
/ ft /:■•/•■.
Operation—
through Dec. 31,
all publiclly
1937
applicant
want
extensive
of
considerations,
any
•
.
ft
*
/
equipment instead of making the customary
This, of course, renders the issue less desirable
an
price
current
aggravate the burden of early
considerable importance in the
the
/':
.
13.7
5.2
9.4
>
less
applicant
entire
is
*
% Inc.
*2.0
1947
199.217.000
1948
209.218.000 184,011,000
209.672.000 199.295.000
218,684,000 199,969,000
'
of current obligations.
of
standable
On
ft/:
;
Period End. Mar. 31—
than the current liabilities, thus sug¬
not be
available for purposes other than
$10,106,968
were
the payment
It
ft/ft
Operating revenues
through the operation of sinking funds.
that
if
comparisons with last year:
15
Chicago Milwaukee St. Paul & Pacific RR.—Bids for
Carnegie-Illinois Steel Corp.—Official Promoted—
Research
t
reflects the decrease
of the past four weeks
/,'/ ;ftftft''' -ft/
CONSOLIDATED INCOME ACCOUNT
this
,
Edison Co. and associated com¬
other electric utilities, for the week ended
from the corresponding week a year'
to
decrease
-
•Decrease,
Mortgage debt was reduced $44,299,000, serial note debt was
by
supplies,
effect
2%
22
important mills.—
fPhilip) Carey Manufacturing
Co.—Secondary Offer¬
ing—-Blyth & Co., Inc. on May 27 effected a secondary
distribution of 2,500 shares of
at $20.25 per share.—V.
;
sales
195.291,000
May
payable
$5,057,472,
and
unmatured dividends
declared
$6,028,313.
The current assets, exclusive of the amount representing material and
150 000
feet.
selling agents for Cannon Mills Co. with
Kannapolis, Concord, Salisbury and China Grove
are
Ir'icri and also are sole selling agents for
V,
167,
p.
including
Worth,
extending trough the block to
floor units of
ground
purchasers
six-3tory and
of
ft'/
purchased in
President), has
over
The
21,000 square feet.
*
of space
preliminary
Co.—Agents Buy Three Buildings—
a^&an0n K11!18' Inc- <stanley Phillips,
all-caoh
transaction
during
maturing
general
to
exCZlnedn_vUtl67,thpe XT"
Cannon Mills
of
contracts.
1948
Co.—Weekly Output—
29
cash
these
•
in
of
$613,700, and 1945, $1,973,200.
1946,
5
.
included
all other
!ft^ft;ftftft*:-ft://-'/:ft::ftft ft:ft
a
percentage
May
$40,242,019,* temporary cash investments, $6,008,720, ma¬
terial and supplies $22,353,249,
and total current assets $94,785,964.
Current liabilities as of the same date were $82,539,683, and included
audited accounts and wages payable $27,738,436, miscellaneous accounts
and
$1,267,200;
,
May
has been
equipment
1945
$733,168
$0.28
Federal income taxes and
of common stock.
taxes for
the first quarter
Week Ended—
more
annum
5
June
equipment obligations.
gesting
1947
ft
1946
$2,009,892 $1,036,767
$0.76
$0.39
Output in the corresponding week last year
by the Memorial Day holiday.
and
of
In response to this
received, representing
were
$9,600,000, consisting of $7,500,000 of
$2,100,000 of mortgage bonds.
Of the
retired
decreased
In
it
company operates.
cut-throat
t0
that
bids
the applicant made a net reduction of $44,206,000 in
shows
(& Subs.)—Earnings—
undertaken,
and
The
•wJt^rnUgrQih^ pH™hase °f, six
98
28
per
sale
$27,528,274.
1947,
in
Sftv
y
the
bids,
the
to
Obligations
was
the "net income for April was
previous month during the past
Following are the kilowatthour output totals
them.
by
borne
two
1948,
$2.28 per share
occasioned
Int.
be
shares
Federal
for
1947,
showed
to
the extraordinary program of acquisition of new equip¬
improvements and extension of the applicant's lines that
and in view of the prevailing low rates of
interest
on
equipment obligations,
the applicant is of the opinion
that
it
is sound
financial
practice to provide the greater part of
the funds required for the acquisition of equipment in this manner,
so that its other funds may be applied to the retirement of maturing
obligations and to improvements and extensions of its lines of railroad,
v
(
to
be
to
and
been
estimated
for
2,636,878
excluding
Because of
has
tOn
panies,
the applicant on
to
conditional
ment
provision
167, P. 744.
ago.
equipment trust the
applicant has placed orders for new equipment at a cost of approx¬
imately $55,500,000.
It is expected that a portion of this equipment,
costing
approximately
$2,100,000
will be
purchased
for cash, and
that all or the major portion of the cost of the remainder will be
financed through the issue of equipment trust certificates, or securities
will
2,658,8493,010,386
Transport Subsidiary Expands-—
2'/4%
of
held debt.
Net
and
to
solicitation
was
that
liny
for
Commonwealth Edison
connection
$375 for printing, $1,091 for printing and engraving certificates,
$400 for advertising, $75 recordation fees, and $25 for miscellaneous
expenses.
If to these expenses the discount of $31,284 be added, the
expenses will be increased to $40,669.
ft
..ft/ft//'-;
ft.
of $400,000,
Electricity output of Commonwealth
latter, $671,000
As of March 1,
1948, the unexpended balance of the cost of roadway projects author¬
ized by the board of directors, chargeable to the investment account
/
1948—4 Mos.—1947
26,247,075 105,078,883
24,512,204 102,420,034
paid,
be
dividends
Up—
ended April 30,
months
1148.
,
136 firms,.the bidder
designate, in multiples of Veth
advertisement
anr.um.
addition
i__
share-w.
$1,349,800;
was
—V.
fee,
gations
,,
the
p.
four
1948 '''
$2,013,481
$0.7G
31-f-
Quars. End. Mar.
June
in
dividends
accrued
and
certain new equipment.
of
these
proceeds
In
167,
Commercial Solvents Corp.
.
•After
accepted. The average cost
these bases will be approximately
/ft
The expenses to be insurred in connection with the proposed cer¬
tificates
are
estimated
at
$9,386, consisting of $4,895 for Federal
Issuance tax, $2,525 for trustee's fee for authentication
and counsel
at
per
larger fthan
NOTE—Provision
Commission states in part:
and
Of
approx.mately
Period End. April 30—
99.297
at
of
to
of
rate
the
for
years."—V. 167, p.
charges.
favorable was that of Harris,
Hall & Co. (Inc.) bidding on behalf of themselves and nine associates.
Their bid of 99.297 and accrued divs. for certificates bearing dividends
16
y
\
Canadian Pacific Ry.—April
Earnings—-
sold
copies
advertisement
under
1945
*28,095
railway—.
oper.
Vermont—Earnings—
/ 1948
and
which will
2464.
year,
10.—V.
announced
also
company
profit
tEarning3 per
applicant advertised for bids for the purchase of the certificates
The
net income
'Net
24
procurement
The report of the
'ft
ft
Equip. Issue—
Issuance of $4,450,000
cents
$0.43
authorized the company to assume obligation
not exceeding $4,450,000 2Vt% serial equip¬
certificates to be issued by the Chemical Bank & Trust Co.,
trustee,
2.40%
April-
-
75
stock on May 10 to
be payable June
/
ft
preferred
the
on
current
the
respect of
in
of
.
462,665
$1.78
of
record June
aside a special reserve
outstanding common stock.
The
462,665
> $1.60
declared
was
half
of
setting
several
ft
May
on
trust
with
and
124.647
State
23,627
and
income
on
and
$750,698
31,839
interest
Ptederal
ft
$631,264
49,532
income
taxes
Bond
ft
profit
net
first
substantially
$197,851
462,665
,
Authorized
liability
ment
3,585,001
4,252,570
4,219,152
share™
43.
P.
ICC
The
and
as
Other
share
the
the
on
23/47 Mar. 24/46
$824,367
$742,209
of
Commercial Credit Co., Baltimore, Md.—Income
income
outstanding
per
167,
ICC
ft
operation
penses,
per
after
Chesapeake & Ohio Ry.—Orders 25 Locomotives—
| This company on June 9 placed orders with the Baldwin Locomotive
Works for 25 Mallet-type locomotives, to cost approximately $5,000,000.
Delivery of the engines, to be built at Philadelphia and intended
for service in the coal fields, is scheduled to start in January, 1949.
This contract brings the total number of coal-burning locomotives on
order by the road to 82.
ft-,'/
::;r
1946
1948
$4,792,603
Revenues
shares
Earnings
—V.
575,854
384,764
California Consumers Corp.
12 Months Ended March 31—
and
chgs.
after
ft
ft
dividend
initial
an
,
holders
to
of
$2,722,059
—__
v
Costs,
30
167, p. 43.
Mar. 21,'48 Mar.
Common Stock—
on
declared
7
18,
cover
Co.
June
on
the common stock, payable July 15 to holders of record
and two quarterly dividends of $1.25 each on the preferred
stock, "one payable Sept. 30 to holders of record Sept. 10 and the
other on Dec. 31 to holders of record Dec. 10.
An initial dividend of
June
$2.50
Transportation
Parmelee
from
1948 and $133,736 in 1947.—V.
directors
share on
per
1947
$73,544
1948
$10,251
—
coupon
Initial Dividend Declared
The
Chesapeake Corp. of Virginia—Earnings—
879,384
income..^.
on
&
-
taxes,
received
received at the sale were: Harris, HaJi
(Inc.), 99.36G; Harriman Ripley & Co., Inc., and Lehman Broth¬
(jointly), 99.225; Salomon Bros. & Hutzler, 99.19. Kidder, Peabody
Co. & Dick & Merle-Smith offered 99.72 for the certificates as 2%s.
2'/4%
a
ers
Co. (& Subs.)—Earnings—
Cab Mfg.
dividend
•Includes
$89,157 ill
3,603,441
$1,411,741
taxes
for Fed.
Pro v.
for
Quarter Ended March 31—
loss after charges and taxes-,.
$7,188,497
5,211,027
$2,372,153
deductions
i,:' :ft'ftft'
,,
.
Other bids for
& Co.
$1,756; 4!/2% cumulative convert¬
ible preferred stock ($50 par value), $724,050; common stock (10c par
value), $20,000; surplus, $876,873; total, $1,622,679.—V. 165, p. 3163.
•
income
& Co.
restricted (preferred stock purchase
(quoted market value, $1,254,987),
;;,ftft /
$146,173;
LIABILITIES—Reserve
.
1,108,802
$2,501,391
Total
.'ft1'''
1
cash,
fund), $24; investments at cost
$1,476,483; total, $1,622,679.
$6,079,695
1,097,472
$8,500,831
(net)
market),ft-/'-
Co., Mullaney,. Wells & Co. and F. S. Yantis
chinson &
$4,645
$5,684
certificates were reoffered at
turity.
Participating in the offering are R. W. Pressprich & Co., Otis & Co., Freeman & Co., McMaster Hut¬
v———•»—
$27,169
8,438
99.4103 for 2Y4S, an interest
prices to yield from 1.20% to 2.575%, according to ma¬
Consolidated
revenues
other Income
stock
pfd.
on
taxes
Total
90S
$26,982
8,438
♦Net
$6,526,326
operating revenues
operating
1,230
tax.
ASSETS—Cash,
/ft
962,785
Total utility oper. rev. deductions..
Total non-utility costs and expenses
Net
1,773
ft'ftBALANCE SHEET, MARCH 31, 1948
rJ
CALENDAR YEARS
FOR
$7,538,046
Total utility operating revenues__i
Non-utility operating revenues
Total
:VV.'V
•
STATEMENT
$7,457
4,111
surplus
inc.
to
ft vestments at
side
Calif.
$31,280
3,477
3,567
3,567
Net asset value of the preferred stock was $96.64 per share at March
31, 1948 and of the common $3.38 per share (on basis of valuing Li¬
Divs,
requirements for irrigation pumping and
for a variety
The average consumption per customer
Is relatively high.
Company through its Imperial Ice Division also
manufactures and sells ice in portions of Imperial County and River¬
$30,465
$5,375
-
Net income
including
of industries.
for electric
from
Income
1945
1946
1947
1948
31—
dividends.
3 Mos. End. Mar.
sey, Stuart & Co. Inc. at
cost of about 2.337%.
The
Corp,—Earnings—
Chain Store Investment
General
Monday, June 14, 1948
j
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
,(2576)
to noon
Offered—The company on June 10 awarded $4,590,000
equip, trust certificates maturing $153,000 Jan. 1 and
July 1, 1949 to 1963, to a banking group headed by Hal¬
$4,322,500
debentures
at
prices
ranging
to 107.25%.
Weekly Output of System Higher—
The
;
Chicago Rock Island & Pacific RR.—Equipment Trusts
the
from 107.09%
W.
company
on
June
9
announced
that
System
output
of
elec-
(electricity generated and purchased)
for the week ended
1948. amounted to
189,100,000 kwh., compared with 187,700,000 kwh. for the corresponding week of 1947, an increase of 0.7%.
Local distribution of electricity amounted to 178,500,000 kwh., compared
tricity
June
6,
with
181,000,000
decrease of
kwh. for the corresponding
1.4%.—V. 167, p. 2464.
week
of
last
year,
.
&
.
v
Volume
Number 4707
167
THE
Consolidated Gas, Electric Light & Power Co. of Bait
The New
15-year
2Vz%
convertible
-
1962,
five
:
convertible
and
on
into
Under
Curb Exchange has
York
no
par
rate
shares
after
due
1948,
will
shares, at varying rates.
debentures will be convertible
be
May
May
15,
1962,
to and including
and
Gross
15,
the
for
common
each
$300
Ended
taxes
Federal
before
rate
for
for
State
and
Ebasco Services, Inc.—New
1947
This
1946
2,344,117
1,468,237
566,000
321,900
56,072
25,449
$1,439,868
$846,165
$647,810
$2.0J
$1.22
$0.93
*.
,
taxes
3:00
thereafter!
upon
surrendered
;
Under
three
the
-
for
rate
all
to
as
time
of
the
will
debentures
for
common
debentures
each
which
Consolidated Retail
Period End, May 31—
167.
principal
surrendered
at
rate
the
amount
of
dividend
cents
50
The
steel
U.
S.
Supreme
producer
Justice
that
Stanley
the
cator
Court
were
1948—5 Mos.—1947
the
charged
An
-
F.
West
William
in
the
by
no
the
by
•'
the
opinion
of
took
Selling
the
Sherman
heid
Court,
Anti-Trust
paid
Prov. for
Social
depr. &
written
Federal
income
Prov.
Act
J,/
J
.
aimed."
was
Alden
U.
S.
sale
■
Supreme
will
President
Net
65,879
74,567
said
117,904
171,886
352,000
69,076
9,567
"
request
lor
the
and
will
closing
Should
;
current
able
the
sale
a
"Immediately
will
be
after
-
taken
the
for
distribution
the
closing
£>?$
the
its
of
should
and
date
;
the
First
the
of
sale,
liquidation of
share
$1.02
$0.87
$0.17
assets
will
of
be
that
total
the
within
or
eight
",
f
the
....
.
presented
wealth
N.
to
the
a.m.
ftftft' Sale
ft.
■
V
*
of
a
surplus
Administrator.
Assets
black
carbon
plant
for $1,100,000 was approved
company
'.V
at
..-ft
Di-Noc
to
Net
ft,-
■
Net
-,,
not violate
does
anti-trust laws.—V.
161,
p.
Cream of Wheat
1768.
and
taxes..!
Federal
$260,841
660,000
ftft
$0.43
ft.:
$0.40
ft
.
.The
i
in
ftft
ft-ft/ft '=
'ft!
'
-s.!
board
The
new
eral
1948—Month—1947
.! 1948—8 Mos.—1947
$1,225,623
$1,265,700 $9,960,562 $10,076,960
May, 1948, had in operation 83 stores.—V. 167,
2255.
p.
!
-
Prolit
?
before
Income
income .taxes.—:
1—---
taxes
375,860
Net
profit
Common
Division;
y.-
443,684
444,229
$0.40
444,698
$1.12
The
ft
Nil
directors
cents
50
!
■
Crosby
said.
•
:•'!rone of $1
■•ftThe
v
!Jthose
on
share
a
en
In
1947,
Oct. 1
declared
8
the
an
previous
of
extra
75
payable
cents
July
paid
was
ft":''■
in
share
per
1
to
on
"ft"..."
1948
are
24,480
S. Govt,
—
399,295
,'l
$2.11
credit
of
the
and
June
Dr. A.
of
nephew
a
the
j
.)
expected
Ended
1
-
•
in
stock
of
^'V
of
class
was
late
A
to
increased
James
and N.
value
stock
was
exceed
cum.
this
$110,436
89.170
fr,
profit after taxes and charges
A and B shares outstanding—
Earnings per class A and B share—
!
166,
7,804,692
Dec.
Assets
31,
1888.
p.
1247,
§Payab!e
$25,000
per
1949.
Corp.
from March 31 to
quarterly
*
ft
Light Corp.—Weekly Input—
kwh.,
or
2466.
June 3, 1948 the System input of subsidiaries
amounted
to
71,489,000
kwh.,
an
increase
of
22.3%, over the corresponding week of last week.
/V.■■'•>':'ft"ft.ft:/;
'!
V"';'
l."'' "
ft
Secondary Offering
—
—
distribution
of
Horna
sec¬
shares of common stock
(par $1) on May 25 at $13% per share.—V., 167, p. 1921.
,
C
22,983
Esmond Mills, Inc.—Assets Sold—
See
Incorporated
Textron
below.—V.
167,
2360.
p.
Department Stores, Inc.
1
:
>
retail
sales—
552,829
2,031.040
$0.27
"163,231
2,031,040
Nil
■
$
4,470,019
19,238,937
1,784,894
.7,971,997
7,819,998
2,685,125
11,266,940
10,762,536
77,583
'
2,131,891
365,871
348,127
18,582,534
3,223,824
Net
profit applicable to
minority ints. In subs.
profit
shs.
of
Net
parent
109,415
;
to
co._
3,114,409
2,607,542
10,901,069
10,414,409
133,905
136,632
541,114
546,609
applic. to
shares—
ftft;:
2,900,504
profit
'
common
.
apple,
pref, stock——
Divs. on
.
automobile and an
and
for
licensing
separately from the marine engine and the automobile.—V. 167, p. 2255.
May 3,'47
taxes
Net profit
a
the Duesenberg
together
with
5,355,715
Federal
for
1,'48
$
67,460,762 313,261,501 272,791,346
taxes
income
on
May
$
76,001,592
income
on
Prov.
;
Annual Periods Ended !
May 3, '47
$
•Net profit per share of
stock
common
,
,
.
'■
,
'
,
.
2,470,890
10,359,955
$1.05
$4.40
9,867,800
^
,
—_
■/"
$1.26
-
$4.19
'
ft
■
bf
over
gallons
>
ft
of
short
tons
of
sugar,
blackstrap
molasses.
Their
an
estimated increase of about 4%
in the output
industry as a whole."
V '-ft. ••
:!
compahv has outstanding 1,040.000 common shares and about
the
$4,400,000 of 5% preferred stock which has been reduced through
sinking fund from the $6 million issued in April, 1948.—V. 167,
p. 544.
■
■••
-■
'
' : '"'ft \ft/: ft' —
v
the
i
■i
ry.
Operating
Net
expenses
4
-
Net
*
—
income
and
1946
$394,816
345,455
364,005
$65,678
$11,564
12,541
17,685
ft'
$98,538
deductions-
-
from
from
Net
ry.
;
Net
—V.
income
166,
p.
.
2556.
w—
t
'•
-
>'
155,573
12,186
104,676
♦24,076
2,039,899
1,688,837
(
134,170
/
139,977
'
railway—
356,554
178,134
124,245
1,371,794
94,122
290,381
!
1,320,712 ft
$78,219
$29,250
23,452
27,404
24,198
$75,036
'
$50,815
$5,052
167, p.
ft
263,533
"40,027
192,027
NOTE—Halliburton's
——
—
:
$784,733
$1,038,570
1948—12 Mos.—1947
$3,361,640
$3,165,935
Earnings
per
♦Loss.—V.
In
256,268
352,790
976,058
946,554
dends
500,000
500,000
500.000
500,000
rate
167,
p.
$0.51
2255.
$0.70
was
that
increase
average
number
of shares
acquired
store
as
are
of July
included
31,
only
1947, and accord¬
from that date.
Shares
in
Changed — $15,000,000 Note
Sales Expected—
sales
$1.95
$1.89
equal the growth
to
was
The
Lazarus,
Fred
commenting
outstdg.
share
by
the company
inc. taxes
shares
of
Common
moderate
about
that
Net profit after charges
and Federal
on
-
for
1948
the
preceding year was
annual meeting of
stockholders held on June 7. Mr. Lazarus stated, "Our plans call for
moderate dollars increases and we expect that unit volume gains will
Earnings—
1948—3 Mos.—1947
-
■
calculated
was
Authorized—Increase in
predicted
Duval Texas Sulphur Co
figures
the
Par of
A
2028.
Period End. Mar. 31—
share
during the period entitled to receive dividends—2,356,566
during the year ended May 1, 1948, and 2,357,240 during the quarter
then ended. Figures for the annual period ending May 3, 1947, and the
quarter then ended include
the
results
as
previously reported to
stockholders, without reflecting subsequent adjustments.
ingly
-
income-—
oper,
$412,177
$315,237
$482,106
■
86,765
118,526
railway-/.—
"Deficit.—V.
Capital
.
$553,802
-
income—/,
From Jan. 1—
Sales
.
!
-
1945
•
383.252
4,253
v.
other
1947
$429,683
$94,285
—
;'.r
earnings
Interest
ar.d taxes
income__
operating
Won-operat:ng
/
1948
$439,740
revenues
railway—
railway™—->
oper.
1946 '
1947
1948
:
from
from
Net
Net
Subs.)—Earnings—
V12 Months Ended March 31-
Operating
!>:
Gross
Net
Gross
Cumberland Gas Corp. (&
.''
April—
profit per
outstanding
Duluth South Shore & Atlantic Ry.- -Earnings—
;
Cuban
ft-,: The
/■ft
ft "Net
value, and about 40 million
sugar output
was
6% above
raw
1947,- as 'against
of
';
7: 0.000
;
Subs.)—Earns.
(&
Quarters Ended
May 1, '48
$1.47
Duesenberg, Inc., Indianapolis, Ind.—Files with SEC—
use
2,087,172
9,365,591
ended
week
corporation
ondary
'-T!
engine,
2,087,172
at
War
89,170
'•
'for
—,
8,576,550
$27,108,957 $22,430,679
eliminations
1948.—V.
167, p.
Net
marine
172,757
(stated
...—
Federated
:
1947
$1,980,150
7. 1948
Net
transmission
consolidated
value stock—
par
$130,989
,
.
$1.24
Class
Duesenberg
85,503
blower & Weeks and E, W. Clucas & Co/effected
for
$4,397,513
automatic
85,581
437,500
8,576,550
ft'ft
filed
"
2,000,000
stock
conv.
Electrographic Corp.
1947
1948'
"I
3
85,930
...
of. subs,
par
487,216
in¬
deducting
$29,045,504
progress
payments
on
contracts" in
tAfter reserves for depreciation and amortization of $5,416,and $5,413,220 in 1946.
{Preliminary Investment, included
the
For
Net
June
no
on
—
1947
31,
—V.
511,209
132,645
—
Jan. 10, 1948
commitment-.-.—
contractual
contingencies..
Electric Power &
(Allen B.) DuMont Laboratories, Inc.—Earnings—
on
—
exchange profit
Payable to Canadian
of
210,549
2,221,041
starting not later than January,
Dec.
$667,788
44',625
payment3_c
unrealized
consolidation
in
$2,349,257
V
Sales
company
~
—
13,059,000
the
and
In
year
1921.
p.
*
1,151,303
for
$3
"After
269
members.
167,
'
.
V.:.'/ft.;'.
surplus
process.
;
who
.
wages.—
Total
ft
manage¬
D. Griswold of Freeport,
—————
2255.
1
100,000
v
-
Profit before Fed.
p.
2,419,178
i
Ltd
'
Y'-C
advance
$2
Common
158, p. 769. .V.VftftV
"Loss.—V. .167,
2,867,212
—«,
$50)
Earned
common
14
Pardee
T.
/
ft
1,333,000
910,364
4,268,642
991,215
w
for
Preferred
*•' ■'
'/'ft!''"!!"!?;
1
'
Minority interest in stock
Beutel of Freeport, Texas, Gen¬
Texas Division
and an Assistant
Net profit after charges and Federal inc. taxes
The
Canadair
'
2,573,990
1,423,000
"10,061,079
taxes
Reserve
iftftfti;!
31^'
12 Weeks Ended March 28—
8,417,000
4,758,718
payable
SProvision
<
l'
1946
$2,327,153
(est,)
market—...
or
trademarks and goodwill
Provision for
1948—10 Mos.—1947
-V *. '
31
DEC.
2,887,500
—
salaries and
Customers'
P.
of the board;
shares outstanding
Earnings per share——,
SHEET,
(net)
tercompany financing
Dividend on preferred stock, pay.
Manager of the Texas Division.—V.
March
per
—
carry-back claim
flSerial notes
7!'ftftVft''ft■!
company's
Chairman
General
!
charges
Accrued
$1.24
shares
150.000
on
BALANCE
securities, at cost..
LIABILITIES—
$1,183,632 $13,007,156 $10,780,514
^
are
UPayable $25,000
1949.
receivable—trade
Accrued
399,295
—
: *'
i$869,655
calrry-back
$1,423,000 in
year starting not
1947
tax
Accounts
$37,001
to
July
except
year
i'
61,481
letter of notification with the SEC
for 2,499
shares of participating preferred stock, to be offered at
$100 per unit without underwriting.
Proceeds will be used to develop
1947.
Grinding operations of the
! ! Cuban subsidiaries for 1948 have just ended, with a record production
any
1947
$426365
65,835
$39,535
;'{i Capital
regular quarterly
stock,
common
earnings
company's
of
June
on/the
C.
Quarter
—V.
dividend of
holders of
record June
18 and "the
regular quarterly dividend of $1.25 a share
on the 5 %
cumulative preferred stock, payable Oct. 1 to stockholders
; of record Sept. 17.
ft"1
^
V
The board also approved a policy of considering extra dividends on
./>, the common stock only after receipt of the major part of the crop
proceeds, L. A. Crosby, President, announced.
During the war period
:T ; [1942-47, this occurred as early as June through operation of the crop,
purchase contracts by the U. S. Government,
but
"under normal
peacetime marketing,
it comes somewhat later
in the year,"
Mr.
;
.ft 1948
;..
$1,409,338
directors
fIncludes
§Net after
approximately
$4,201,084
tlnvestment
/
ft'V'
1946.
of
of final
i
$27,108,957 $22,430,679
$469,428
.—
2255.
p.
credit
'J
.....
offering
Act
in preferred stock.
tax
$3.11
the results
tLand,.buildings, machinery and equipment....
General Manager of Dow's Great Western
A. Gerstacker of Midland, a member of the finance com-
Asistant
Cuban Atlantic, Sugar Co.—-Earnings at High Rate—
:
% 8,743
Driver-Harris Co.—Earnings— ;
$891,810 "$1,742,750
$567,786
per common share_.—_
"Loss.—V. '167, p. 544.:,y
'■
33,175
'
:
in
$1.98
to
eftfect
War Profits Control
profits
January,
to give
$2,161,171
1,049,213
172,165
$0.37
adjusted
are
$1,333,000
Deferred
a
of
years
many
an
697,409
shares^' outstanding—!——;
Earnings
38,781
R, L. Curtis of San Francisco,
;
v
79,767
145,644
t„,566,205
342.222
—
share..
Inventories, at lower of cost
$1,589,219 "$1,742,750
$943,646
than
Accounts
C. A. Campbell of Midland, the company's General Counsel;
Secretary;
Crucible Steel Co/ of America (& Subs.)—Earnings—
Quarters Ended March 31—
!
1948 v-',C 1947
1946
•
254,073
1948—Month—1947
appointees
Manager
mittee
ft;
excess
and
Federal
> Dow Chemical Co.—Directorate Increased—
The
company
6,479
169,953
695,724
declared—
cash and $8,696,550
unused
U.
319,022
7
/.offering.—V. .167,
$2.34
$2.06 ftft!'"
over
1,797,357
$1,547,586
Cash
monthly
period of 10 years and the shares will be issued
as
partially paid and assessable until paid for in full.
With certain?
exceptions, the shares are not transferable until after one year from
date of Issuance, and the transferability thereof is further restricted
in the case of
certain purchasers.
f-:; .ftft-ftftft v'/;!'!- ft,': ■': !■';
'
The entire proceeds of $513,500, after payment of
expenses esti¬
mated at $10,000, will be received by the corporation, and no under¬
writing discounts or commissions will be paid in connection with the
•
Period End. May 31—
Bales
'•ft
12,703
355,147
1586.
is
Cr40,600 Crl,200,000
$598,845
CONSOLIDATED
48,414
Corp.—May Sales Rose 19.1%—
•'
92,542
$3,958,528
ASSETS—
; 547,370
outstanding-—
■>:,
83,216
$''47,586
——
paid.
figures
,
.,
.
company
payments
Co.—May Sales Fell Off 3.1%—
rf.
paid in
of
14,231
"
U'
954
—
contracts under
on
;
v
24,653
39,778
1945
refund
1945
$1) at $3.49 per share, to employees, executives and
ment personnel.
Payment for the shares may be made in
ft * —V. 167, p. 249.
,
/
85,911
■
p.
10,444
$558,245
taxes.
surplus.
dividends
1947
64,537
taxes.
——*
The
;
Crown Drug
"The
$83,265
Period End. May 31—
167,
2,552
4,199
121,007
foreign inc. taxes (est.)
to
later
1946
-
(par
$243,381" $1,236,191 $1,402,321
600,000 ! ;
600,000 .f-t: 600,000
-
.. .
Federal
Earnings per common
"
Wet
■ftft.ft Capital shs. outstdg
.' *■ Earnings per share—
before
dividends
Common
1,
Jan.
26,300
■
,
1948—12 Mos.—1947
1948—3 Mos.—1947
due
>#. Domestic Credit Corp., Chicago—Stock Offered—
Corp.—Earnings—
Period End. March 31—
profit after chgs,
4%%
A,
taxes
)
ft
ftft,.ftft.
income
§Net Fed. &
and
$110,522
ft—
income
shares
7,195
99,481
-
Co.—Earnings—
profit
Sales
■ft—'V.
.
sale
1946
\">'y~ ">■>*■. ft'..'
Diana Stores
facility. Its original cost to the government was $2,177,741, which
$92*7,482 for real property and $1,250,259 for equipment.
Because of possible changes in supplies of gas necessary to operate
carbon black plants of this type, the purchaser was given the right
by WAA to relocate the plant within continental United States without
prior approval by WAA.
': /bftft 'ftft-'ftft.
ft!"
<c
ft" ftft. ft'
The sale is subject to an opinion by the Department cf Justice that
the
in
''..'VV''•/r'-'ftV,"'V
War
Texas,
,!V. >., \.ft " ft"
the
/ft'
series
./Earnings per common share.—
ft—'V. 163, p. 2290.
'•
included
I
$17,926
Net
tin-
',281,826
income— *
before
Income
,
ft!
stock,
665,280
»———!
sales
Profit
this
by Jess Larson,
3
capital
ft Quarter Ended March 31—;
Sunray,
on June
ft.
•
1947,
1947
-c '■
,
2255.
p.
71,970
discount—,
'
;.ft.ftft ftft-*
ft. „v
The company, wartime operator of the plant, has been occupying it
under a lease agreement dated Dec. 7, 1944, and has paid the govern'ftftft;, ment accrued rentals amounting to $620,000.
■
■
ftft/ft-ftftft.ftftft;:!
•ft;WAA said the sale price is 95.6% of the appraised fair value of
ft.
in
of
$163,365
railway-.—
oper.
167,
accounts
and
Patent rights,
Continental Carbon Co., Amarillo, Tex.—Buys Plant—
.
shares
$163,089
railway—.—— 1
Common
;
bonds,
1948
railway— ;
from
ry.
V.
at office of the service company, CommonCorp.
(New York), 20 Pine St., New York 5,
(EDT) on June 22.—V. 167, p. 2465.
Southern
&
ry.
Net
company,
Y., before 11
$2,821
mortgage
'
from
the
Consumers Power Co.—Bids for Stock—
ft
659,998
of
railway—___ftft,
oper. income.—
Net
date
of
$4,064,066
517,500
bonds, at the Bankers Trust Co., 16 Wall St., New York, N. Y.
mortgage bonds in temporary bonds may be exchanged for
trustee,
From Jan. 1—
available
closing
income
from
Gross
following
dissolution
and
143,203
$442,196
846.
p.
from
Net
1
Company is inviting sealed, written proposals for the purchase from
of 200,000
shares of preferred stock, ft Such proposals are to be
ft!:, ft/..
i>:
from
more
be
months
tOn
income
April—
Net
;
amount which will
months
15
steps
thererapidly as
:
distributed
•
Gross
and
as
credit.
Detroit & Mackinac Ry.—Earnings—
appropriate
effected
be
195,864
$1,706,656
income
$0.52
peramnent bonds at the United States Trust Co. of New York,
45 Wall St., New York, N. Y.—V. 167, p. 2465."
ftftft,ft*
company's
the company
required to complete the liquidation
company, he added.—V. 167, p. 43.
v
the
to
-.ft;
contingencies.
to unforeseen
be
may
of
end
said., ft ft
It is expected that 75%
-
;
performed
The figure, he emphasized, represents
closing
the
commence
Roach
Mr.
;
31,
Aug.
on
paid, he said.
distribution
ft!'"/! possible,"
•
closed
following
to
work
net of approximately $50 a share will be avail¬
to shareholders after all known debts and lia¬
distribution
only an estimate and may be subject
>
all
..
be
year,
fiscal
for
profits realized, on
Roach said.
v'
Mr.
bilities have been
:s
■
retain
also
date,
1,011,755
$3,920,863
1,
porary
"
taxes
956,798
Minority int. in earns, of consol. subs.
Excess cost of acquired subsidiary__
Miscellaneous deductions
—
$345,268
and definitive Denver & Salt Lake income mortgage bonds due
1993, are now available for exchange for outstanding tem¬
2018,
Jan.
278,204
$4,932,618
$240,332
Preferred
a
——
$1,203,130
—
437,500
Rio Grande Western RR.—Definitive Bonds
Denver &
special facilities
40,073(032
155,808
1,369,838
Interest
60,000
$112,703
1S45.—V. 167,
Definitive
189,834
$1,687,883
118,773
Balance
or
12,975,940
Provision for contractual commitm't
$573,599
miscellaneous
eludes
412,448
23,624,773
$3,057,771
Uncollectible
"932,659
465,000
$871,770
com.
"1945
ft
242,492
of
YEARS
1946
Act
material & overhead-
Int., disc'ts, rents & miscell. income
the
if
rehearing of,, the case must be made within
25 days after judgment is entered, Mr. Roach asserted.
-The company will realize a net gain of approximately $4,000,000 after
Any
CALENDAR
■
123,199
period
postwar
$57,277 in
Corp.,
FOR
$26,b2o,036 $14,368,954 $45,851,910
—
profit from operations-^
Selling, general & admin, expenses--
Total
in¬
$30,302,967 $27,531,268
Gross
un¬
taxes—
for
per
"After
■
Steel
ACCOUNT
contracts under
Profits Control
f
48,000
profit
tEarns.
becomes final, "it is anticipated the
Sept. 30, as considerations of con¬
•
:'r■'
" >•' ■'
•■■y
31
Aug.
on
dictate."
may
Consolidated
of
decision
Court
closed
be
venience
\
Roach,
G.
for refund on
War
~9~396
taxes
come
the uncompromisingly opposite view. Justices
Douglas, Hugo L. B ack, Frank Murphy and Wiley Rutledge described
the suit by the Government to-enjoin the sale as "the most important
V,ft;.; anti-trust'case which has been before the Court in years."
"It is important," they held, "because it reveals the way of growth
of monopoly power—the
precise phenomenon at which the Sherman
,
21,883
amort.
Estimated Wisconsin
>
1948—5 Mos.—1947
$8,570,281
1947
,
V '
•
196,758
taxes
employment
Act,
Justice
by
as
electrical
Net income from operations.
557,376
2,135
and
Pierce
,
,
(St. Louis)—Annual Report—
INCOME
Gross income from operations
549,293
276,979
644,421
240,825
227,989
(net>
security
1945
688,129
'
——
,
Inc.—May Sales Higher-*—
A
$2,464,284
280,666
exps.
•
opinion,
CONSOLIDATED
class
$1,029,443
248,821
______
admin,
expenses
Interest
fabri¬
subsidiary of
Co.,
expenses
General &
Shipping
largest steel
Justice.
minority
critical
the
of
Steel
the
on
1946
$2,292,506
'
Corp.
£.
of the
/
Depreciation
1947
$2,356,521
R.
of
charge
2256.
p.
Amortization
1948
tGross profit from oper.
decision
5-4
a
States Steel
United
Columbia
violated
way
Department
highly
Douglas,
u.
rejected
the
the Consolidated Steel Corp.,
Coast,
Steel,
by
indignant,
writing
Reed,
7
of
declared
Cutler-Hammer, Inc.—Earnings—
the addition of another independent
family
167,
Cost of labor,
$2,669,443 $13,734,325 $12,754,730
Juue
on
to block
growing
purchase of
on
United-States
as
the
to
been
payable June 21 tb holders of record June 11.
A similar pay¬
was made on April 15, last,
while la 1347 dividends of $1 each
paid on Sept. 15 and Dec. 30.—V. 167, pp. 2360 and 2131.
-
ment
Corp.—Court Clears Sale of Plant
efforts of the Government
share has
per
3 Mos. End. Mar. 31—
Steel
in
1948—Month—1947
Electric Boat Co.
stock,
i:
Consolidated
-
—V.
Curtiss-Wright Corp.—50-Cent Class A Dividend-*A
1948—Months—1947
be
2466.
p.
after
2027,
p.
will
$7,147,046
—
of
deben¬
of
conversion
for
2027.
p.
earnings
Earnings per prior preference share
—V. 166, p. 1992.
Stores, Inc.—May Sales Up—
$2,325,520
—V.
convertible
be
$200
are
specified in rate "A."—V. 167,
Sales
Net
reaches $8,000,100.
conversion
"B,"
shares
tures
York City time, on the date (July 1, 1948, or
which the aggregate principal amount of debentures
New
p.m.,
Appointment—
appointment
He
Edison Brothers Stores,
*
until
167,
Period End. May 31—
Sales
amount of debentures
principal
Engineer.
9
995,159
832,100
the
announces
engineering staff.^-V/
72,149
tax
corporation
Consulting Electrical
State
—
income
(2577)
$33,611,316 $30,088,207 $22,302,954
income
Federal
Reserve
of
1948
income—
on
CHRONICLE
(& Subs.)—Earnings—
March 31-—
Reserve
the
at
FINANCIAL
operating revenue—.
Earnings
common
"A,"
of
1,
3 Months
been advised that this company's
debentures
July
&
Curtis Publishing Co.
—Conversion Privilege of Debentures—
<
COMMERCIAL
ventories
at
the
in sales."
the preceding year's activities, Mr. Lazarus noted
retained 58% of its net earnings after paying divi¬
increased
was
over
President,
on
preferred and
unique
Jr.,
to
position
common.
$2
of
during
The
the
Federated
annual
last
common
quarter
of
stock
1947.
dividend
~
Dept. Stores with regard to in¬
emphasized by Mr. Lazarus who stressed the fact that
of
method.
$9,000,008
almost
to
prices if and when they should occur," according to Mr. Lazarus.
The stockholders reelected the existing board of directors and ap¬
31,
4
deregistered.~V.
v.as
j.
167,
Total
Period End. May
—V,
167,
$690,636
$724,443
-
oper,
expenses—
1,752,610
$6,957,879
10,328
$2,291,715
.1,446
$6,968,208
3,351,172
$2,293,162
790,270
$6,778,541
$7,023,062
3,204,246
2,428,261
$3,617,036
$1,502,891
$3,574,295
$4,594,801
Total other inc. (net)—.
income
Net
-V.
Corp., Ada,
;
~
April
State
of
PROPERTY-rCompany
AND
BUSINESS
ware
duly
has
and
1948,
29,
business
Principal
Oklahoma,
do
to
office
Dela¬
in the
incorporated 4n
was
qualified
business
167,
located
is
property,
The
used
of
the
by
drilling
to
or
be
to
company
property,
will
(par 5 cents)
of
27,873
admin,
and
gen.
55,389
17,634,813
Fed, taxes
♦Outstanding V;
Florida Public Utilities
Operating
revenue
•
r...
Maintenance
Retirement
General
income
profit
Gross
income
Common
taxes
21,140,270
Bayard
of
income
The
9%,
13,119,280
Preferred
stock
Earnings
for
dividend
reserves),
The
•
(after
7
$172,192
28,500
28,500
$135,015
share
$143,692
(150,000 shares)
$0.90
—V. 167, p. 1537.
\
Power
&
Light
'
■::
Co.—Bonds
v
\pK
and
Other
bids
102.056;
Larigley
&
at
Weld
the
sale
Co., 101.90;
(Jointly), 101.8099;
Co.
The First Boston
Corp., 101.059,
Dated June 1, 1943; due June
at
were:
&
Halsey,
Glore,
Stuart
Forgnn
Lehman
&
Bros.,
&
Co.
Co.
and
on
not
at
less
prices:
than
prior
reductions
June
l;
option
June
the
1,
Also
as
at
thereafter
each
12
June
1,
prices:
with
period
each
CONTRIBUTION
Parent.
American
tribution
of
the
to
$4 000,000,
contribution
TO
C.
3%
&
each
at
part
12
with
in
notice,
to
reductions
in
with
each
Mr.
amount
New
1,
STOCK
Co.,
redemption
and
Co.
sale
of
be
the
used
to
demand
1978
to
series
provide
at
price
100%
from
the
Central
for
8,
1948,
and
and
beginning
in
the
GIVING
Bank
of
to
the
1st mtge. bonds, 3%
territory
3lA%
4Vb%
EFFECT TO
♦All
shares
to
stock
owned
isued
maximum
mortgage
American
due
1972
Power
$2,500,000 in
amount
but
the
the
AND
served
by
the
PRESENT
&
cash
issuance
FINANCING
and
is
is
statement
with
' //
the
Underwriters
$20),
(par
are
June
the
will
16
receive
shares
new
shares
held
rights
subscribe
to
pn
at
the
rate
of
one
new
share
at
the
rate
of
one
new
share
and
.
on
shareholder
share
held
convertible
adjusted
of
the
meeting
to
the
Owen
Stock
the
split
to
R.
Cheatham,
President,
one
additional
share
stock
he
two
voted
9
business
stock,"
of
rate
Split-Up
—
Increased
June
receive
close of
Co.
on
on
common
preferred
to
convertible
basis,
will
the
at
conversion
Lumber
&
Declared
special
a
two-ior-one
a
Each
of
Plywood
Dividend
at
the
added,
shares
preferred, effective
for
14", 1948. *
June
on
of
out¬
company's
"automatically
of
for
common
after
June
be¬
each
14.
increased
not
income,
on
«■
$12,331,000;
stock
common
only
the
number
in
of
larger
a
market
for
the
outstanding
number
shares
common
stockholders
of
but,
should
also,
may
shares."
Immediately following the special stockholders' meeting, the directors
"^declared a regular quarterly dividend of 25 cents
per share
on
the
common stock, payable July 1,
1948 to stockholders of record June 21.
;
In
effect, this doubles the dividend
having been 25c per share on the
(par
'for-one
earned
split.—V.
rate,
the
regular
quarterly rate
prior to the two-
stock
common
167, p. 2360.
-V;:.
.
Glass Fibers, Inc., Waterville, Ohio—Files with SEC—
On
May 28
shares
($1
Corp,
of
letter of notification
a
par)
167,
stock,
common
Tucson,
cago—V,
Ariz.
to
was
be
filed
sold
with
p.. 546..
the
behalf
on
Underwriter, Kebbon,
///%%'/'■"/'
SEC
of
McCormick
for 3,500
Home-Ship
& Co.,
Chi-
'
'
„
.
Grand Union Co.—Current Sales Increased 14.5%—
Period End. May 29—
Sales
1948—4 Wks,—1947
$8,580,632
_______
—V.
■
■
director
and
' 1948—13 Wks.—1947
$7,122,154 $26,622,124 $23,245,017
167, p. 2256.
'
'
T,
.
the
Co.,
being President
Zinsmaster
the
First
and
the
of
director and
Railway
Co.,
V
•
director
of
Co.,
the
//
Dvluth,
National
of
and
2466.
p.
Lumber
Realty
Minne-
the
of
Producing
at
at
Schenectady,
four
to
a
of
the
months
city of
G-E
Y„
N.
record
rate,
out
year
a
Z
He
Griggs,
the
supply
company's
the
River
G-E
Fitchburg,
the
Mass.,
..'•V "The Schenectady
total
turbine-generators
home
population, J.
has
now,"
and
other
Belangei
Mr.
more
turbine plant
through April,
up
and
in
industrial
requests bids for the purchase from it of $7,000,000 col¬
due 1968, to be dated July 1, 1948, to bear interest
semi-annually on Jan. l and July i of each year) at a rate
(which must be a multiple of yB of 1% ) to be named by the accepted
the
(payable
power
W. Belanger, Manager
bidder.
Lynn,
than
Mass.,
and
definitely set
a
plants
company
the
plant
kilowatts.
1,000,000
'lOGOOOshs
100,000 shs.
on
*2,10o!()00 shs!
20,000,000 shs.
Light
Co.
Oct.
limited
by
30,
and
includes
1947,
the
100 000
tUnlimited
requirements of
as
the
was
formed
in
Florida
also
selling
engaged
gas?
The
in
the
In
the
company
-
of
operates
&
record
for
at
are
this
year
produc¬
the
15
procmed,"
manufacture
of
he
said.
The
and
bids
All
on
June
'
■».
Mobile & Ohio RR.,
must
24.—V,
be
Bcekman
care
received
167, p.
said
at
7•
2466.
have
share
per
company
an
initial
stock received 7Va
of
like
amount
on
!
on the common dividend, "
'
share on March 15,? last,
cents per
Nov.
Period End. Mar. 31—
1947.—V. 167, p. 650.,
15,
,:7
Hayes Manufacturing Corp.
-r
•
declared
the
regular
quarterly
dividend
of
the class A stock, payable June 15 to holders
on
'
i
,
,
"i'-t' 7,7
j;
7;
11
'*
(& Subs.)—Earnings— <
-3 Months
-12 Mos.—
:
7.
.
i
Operating
from
,7
sales
1948
1947
$6,544,238
$6,136,416
5,395,807
7
rev.
5,102,986
■
costs
1946
1948
$648,812 $26,692,638
•
705,804
21,274,259
$1,033,430*$56,992
$5,418,379
.
are
in
(EDT)
1
»
turbines
before Noon
directors
cents
Total
newly-designed
Gulf,
York.
of record June 7, but took no action
j
'•*
already-has been
to
The
!,.
near-record
commented.
or
-■■/.
to
St., New
Broad
Gum Products, Inc.—Omits Common Dividend—
at
f
15
■,//,■:.
addressed
be
must
Bogue,
office at
Fitchburg plant, standard mechanical-drive turbinees built
still being delivered about
16 weeks from
date of order.
May the company-announced the start of production there;
there
Early
on
a
new,
in
uses
Dec
business
of
.'"■■•Hv
Bids
remainder
conversion
1948—4 Mos.—1947
.
$7,538,760 $28,387,828 $26,799,777
2029.
p.
lateral trust bonds,
lo'ooo'ooo
Despite
1948—Month—1947
$7,688,858
____
167,
Company
"plant
wmounced.tyfA:^
Works,
is
.
Gulf Mobile & Ohio RR.—Bids for Bonds—
r
High
turbine
•
at
1948—5 Mos.—1947
$5,287,457 $26,976,367 $19,392,339
,
Period End. May 31—
Sales
Cooper '
Twenty-three turbine-generators, with a combined capacity of more
than 960,000 kilowatts, were completed from January through
April.
Most of
the units have been
shipped, and will socn be delivering
power
to many parts of the country.
Adding production of smaller i
turbines
>
(H. L.) Green Co., Inc.—May Sales Showed 2% Gain—
—V.
enough
to
2,500,000
Divisions,
is
city.
1948—Month—1947
$6,483,218
167, p. 2029.
V./i
turned
this
of
than
more
Turbine
Period End. May 31—
—V.
Co. in Minneapolis
committee-of
of
;
Sales—
'
,
•
all-time
an
*
executive
director
a
that
-
§. Grayson-Robinson Stores, Inc.—May Sales—
*
Zinsmaster
Mr.
1948—5 Mos.—1947
$18,699,405 $19,503,376 $79,384,447 $77,234,945
167, p, 2029.
Co.,.
Pen-
«
Bank
1948—Month—1947
Sales
—V.
Red River
Barlow
Zinsmaster Baking
member
Pacific
;
Co.,
American
&
Period End. May 31—
f-
and director of the Zinsmaster Bread
Hol-Ry
director
^ (W. T.) Grant Co.—May Sales Dropped 4.12%— ;
,';ty
;
,
of
Walker-Pence
Co.,
'
;
>
•,
•
President
Paul,
;r
auxiliary
company
distributing
taxes
(due Aug; 1, 1966), $15,4% cumulative preferred
11 000 000
public utility principally engaged in
transmitting,
distributing and selling
manufacturing,
4,
or
%
pay¬
10 000 000
$45 000 000 *
tUnlimited
BUSINESS—Company
The
Federal
accounts
\
tUnlimited
Outstanding
The company is an operating
the
business
of generating,
energy;
of
•
tion
28, 1925, by the consolidation of Southern Utilities Co.
and Peninsular
Power & Light Co.
Since that date it has acquired properties of
numerous other utility corporations
and municipalities.
I electric
stock
"The
$789,193;
share),
will
growing
deed of trust.
HISTORY
registration
a
2256.
rate
result
$10,000,000
series due 1978—
(no par—-
by
for
to
.
tUnlimited
preferred stock ($100par cumul.)
Common
to
common
6hare
y
Lookingahead, Mr. Belanger said the company is optimistic.' "If
production continues at the present rate, the Schenectady plant alone 1
will produce more than 2,600,000 kilowatts of turbine-generators before
the year's end. Most of the steel needed for the sets scheduled for the /
series due 1974—
sinking fund debentures
Trust
the
St.
levels
series due 1977—
1st mtge. bonds, 3Ve%
and
proceeds
meet
Authorized
1st mtge. bonds, 3y2%
29
common
stockholders
comes
$4,998,733),
General Electric Co.—Turbine-Generator Output
con¬
stock.
The remainder
facilities required
electric and gas service in the
and for other corporate purposes.
CAPITALIZATION
Ju-ne
standing
¬
1948—Month—1947
1948—5 Mos.—1947 1
$13,025,521 $11,480,938 $57,528,240 $54,688,487
Co., St. Paul.—V. 167,
'
a
requirements prior
for
company
insur
•
equipment
and
of
$10,000,-000;
debentures
revenue,
per
31—
,
to
Northern
company's
made
company in an amount
the amount of the Said
Hanover
construction
bonds.
fund
$100
banks,
Co., and Vice-President and
Northfield & Southern Ry. Co.
addition
President
is
&
CAPITAL—The
June
on
capital of
meet
additional
to
$6,454,769;
expenses,
Investment
director
interest.
borrowings
$3,250,000
made
filed
4
record
167," p.
broaden
Investment
In
1949,
American's
of
York,
taxes,
per
Walker
first
the
prepaid
$568,987; investments in and advances to
(100% owned U',$354,830; miscellaneous
finance
directors.
apolis,
with
to be approximately $15 $4,000,000 contribution to the common
capital and approximately $11,000,000 from the sale of the
first mortgage bonds, 3V8%
series due 1978)
to
be
received by the
cotripany, have been used in part to pay off short-term
In
of
six
"The
7"777>7>7
new
walk
beginning
case
stock
Co..
June
11,151,147 kwh.,
& Curtis, Stone & Webster Securities Corp.
Co.
Holders of common
stock
and
4.40%'
stock
each
each
(less
National
Pacific
following special
at 102.46%;
at
1,
the
June
accrued
Light
stock
June
the
including
receivable
accounts
$31,954,953;
31,-1948
MARCH
The board on May 28 increased the directorships from seven to hine
by electing A. D, Walker, Minneapolis, and H. W. Zinsmaster, Duluth,
successive
^nfYS.P0.SEr~The net Pr^eeds (estimated
000,000,
SHEET,
and
time
any
months
1977;
company has added
the stated value of its common
to
notes
payable
sinking
value
2360.
p.
and
as
in
or
thereafter
1,
prior
COMMON
Power
week ended
^"W.CV1',:?■
June
on
Webber, Jackson
Mitcbum. Tully &
The
City Bank of New York has been appointed transfer
agent for 3,500,000 shares of $5 par value common slock and 120,000 y
shares of $50 par value 5%
cumulative preferred stock. See V; 167,
through
beginning
case
common
and
for
June
similar
redeemed
successive
in
the
for
increase of
Telephone Corp., New York—Registers with
Voted—25-Cent
■
„
operation of the sinking
the use of cash deposited under certain
If
months'
1977;
whole
a
price
beginning
improvement fund and by
provisions of the indenture upon
redemption
.
Transfer Agent Appointed—
7 ••••
•
105.46% ;
redeemable
and
this corporation
of
134,679,058 kwh„ an
^-
common
BALANCE
Investments, $121,047; property, ; plant
for
depreciation
and
amortization
Period End. May
prior notice at following general redemption
1949,
100%
and
,
:
Two New Directors Elected—
redemption
at
interest.
accrued
I,
;
•
Sales
Inc.,
101.309913;
1, 1978.
company
30 days'
to
in
of
■
1948,
consolidated
accrued
$1
on
W.
to
Georgia-Pacific
income
in
$1.54
were
Gamble-Skogmo, Inc.—May Sales Increased 13.4%—
J
Principal and semi-annual (June 1 and Dec. 1) interest
payable
principal office of Bankers Trust Co. in New York.
Bonds are
redeemable
Federal
$136,705
stock
total, $77,802,373.
(par
The
received
White,
charge
director
a
Committee.—
'
output
company
—V.
Offered—Harri-
competitive sale June 8
elected
Policy
"159,128
297,836
share), $1,215,956; capital surplus, $10,985,503;
surplus, $17,390,482; total, $77,802,373.—V. 167, p. 2256.
bid of 102.10999.
a
/
;/7.-;-.:;7/;.7,/.7\
.
common
inventories,
expenses,
deferred
value
Ripley & Co., Inc., as sole underwriter offered to
public June 10 $11,000,000 first mortgage bonds,
3Vs% series due June 1, 1978 at 102.46% and interest.
awarded at
;
of
$3,922,914;
not
and
stock
man
were
deducting
y
LIABILITIES—Notes
able
$0.96 :
the
The bonds
tAi'ter
-
reserves
000,000;
7'';. '
7
in
executive
group
has. been
Operations
each 4'/2
preferred shares held.
Proceeds will be used to make
additional investments in the common stock equities of its subsidiaries.
V
84,377
124,710
CONSOLIDATED
other
accounts
47,528
surplus..-
and
and
operations,
covering 208,260 shares of common
before
or
$503,184
$758,594
297,898
share
per
$24,497,105;
and
ance
$219,720
requirements
stock
common
per common
Florida
123,380
credits.
postwar
$3,635,470;
Ealance
766,320
•
.rJ
the corresponding week of last year.—V. 167, p. 2466.
SEC—
;
14,735,299
~
electric
over
General
■
;/
$1,745,591
88,385
$163,515
898,293
135,276
'
corporation's
-
.
amounted
1948
.
announced.
36,748
,
the
of
167, p. 2466.
for
303,989
applicable thereto.
$16,382,537;
Net
Canadian
and
member
a
,284,862
CONDENSED
50,327
161,066
General Public Utilities Corp.—Weekly Output—
$1.33 in 1947 and $0.52 In 1946.
—
4,209
1,280
Vice-President
Kunkle,
D.
Overseas
and
468,198
87,773
$213,842
-LijuA
5.602
New Director Elected—
1,069,880
$2,000,517
—_
NOTE—Earnings
$182,972
.___i_
•
2,417
* 974,761
686,791
74,820
Coach—
V
preferred
dividends
♦After
$1,198,032
$139,022
...
....
24,192
11,166
and
54,208
-
deductions
1,760
29,822
-13,027
97,582
dividends
subsidiaries
Income
2,819
27,791
76,420
—
431
33,361
95,927
taxes
income
29,599
495
and
Canada—
of
36,132
97,903
.....
Utility operating income..
34,062
H
Cr410,119
income.
ASSETS—Cash,
Other
6,077
63,646
47,346
...
23,287
6,422
Truck
136,041
116,358
_
accruals....
reserve
■
1947
851,203 7'
»
„
.
taxes,
Federal
1
1948
$1,326,277
^
Operation
102,877
23,605
for
Net
Preferred
Co.—Earnings—
78,242
115,266
Paine,
income.
on
tNon-recurring
282,633
4,609
52,349
,
\ 90,217
20,624
144,5-30
<
—
122,347
107,100
6,536
SEC
expense
166,179
21,504
Trucks
and accts., less recov¬
eries
324,586
2,827
*
81,827
/ Total
Prov. for doubtful notes
Interest
61,810
\ 18,384
34,206
Passenger
,*If all securities now offered are sold.—V,
12 Months Ended March 31—
: 50,444
—
Coaches-
27,227
;
;v/7;7
exps.
.
15.025
GM
$20,396,901 $24,155,428 $14,415,565 $16 648,718
_
and
products
Y
1948—Month—1947
1948—5 Mos.—1947
- •'
"> "
\ ...
-/./.'s
■/: / v," •'
'
•
■
for
Buick
service sold, and sell.,
1,100.000 shs.
1,096,000 shs.
167, p. 2132,
-—
i
.
DIVISIONS
GM
and
766,320
'•* ' 7-J-'
.
BY
States
with
15,237
1945 7
1946 '
1947
13,513
——_
Total
':
Authorized
stock
income—
Cost
be
to meet Its share of the rentals and the cost
wells on, and developing, wildcat or non-producing
acquire and develop other properties Judged by the
suitable .for oil exploration and development,
CAPITALIZATION
Common
Other
United
the
compared
VEHICLES
Cadillac
$24,042,367 $14,319,895 $16,590,785
85,188
40,281
30,706
177,337
—
in
898,293
(& Subs.)—Earnings
$20,206,051
revenue
compared
Oldsmobile
Marion, Ind.—Files with SEC—
1948
sales—
of May,
The drop of approxi¬
18,203
7
June
on
3 Mos. End. Mar. 31—
Net
Finance
company
test
properties
County
Pawnee
is
MOTOR
OF
Passenger
V.
two wells are now producing.
proceeds, including any portion thereof
the
production
date
Trucks
GMC
Fruehauf Trailer Co.
which
net
development of
the
in
upon
the
of
balance
used
OUTPUT
Poutiac
American
at
is
(Okla.)
company
trucks "in
and
cars
month
v
truck
to
year
Period End. May 31—
2360.
p.
the
trucks.
and
car
the
Chevrolet—
-
.
Ada, Okla. The business Intended to be done by the com¬
the drilling of oil wells and the production of crude oil, J
Company does not intend to do any refining.
PURPOSE—Approximately $115,000 of such net proceeds will be
used by the company to meet Its one-half share of the cost of drilling
and equipping at least seven additional wells on the Pawnee County "
not
-
passenger
during
period last year.
same
/
filed a letter of notification with the SEC
for
100,000 shares of cumulative
convertible participating class A
stock (par $1) and 5,000 shares of class B stock ($1 pari, reserved
for conversion of class A shares
in ratio of 20, shares of class A
for one share of class B; and 3,000 shares of .class B treasury stock
($1 par) offered to members of the selling group. /The price to the
public will be $2.50 per share for class A and 1 cent lor class B.
Underwriters are American Trustee Share Corp. and Young & Co., Inc.,
Pittsburgh., Proceeds will be used to pay note for construction and
working capital.
•//'■•
■
.;/■ 7,7--y
Building,
pany
the
for
Trucks
N. J.
City,
(net)
deducts,
Inc.
161,066
Canada
and
43,540 were
Canada
.
Agents, Registrar and Transfer Co., New York, and Jersey
-Transfer
.
income
Gross
Form Moulding, Inc.,
share.
per
revenues-*
oper.
Electric
2360.
p.
total of 190,210 cars and trucks.
total
GM's
$6,765,054 $6,990,916
13,487,/. /
32,146
Net
,
v
and
cars
2,125,000
2,104,783
2,863,420
2,350,000.
the April
$125,000
a
Corp.—Output Affected by Shutdowns
produced
States
by
operated
General
with April output
was
caused
largely by a shutdown of some GM car divisions early
in May because of critical shortages of steel, resulting in the loss of
about cne week's production in those divisions affected.
V Of
the
total
vehicles
produced in May, 117,526 were passenger
^7/
•
corporation
United
167,
and
signed
the
contract,
mately 29,000 car and truck units in May compared
Ended
2,451,963
82,771,516
Okla. — Stock Offered—Aetna
Securities Corp., New York, are offering (as a specula¬
tion) 296,000 shares of common stock (par 50) at $1
Oil
This
7; 3 Mos.
675,000
733,107
The
Fleet
//^';'7/, '
June 7.—V,
on
controlled
Pa.,
has
Co.,
Allentown,
equipment
•
1,093,818
2028.
p.
Mos.'
INCOME
transmitter
announced
the
at
veterans
H
and
General Motors
'"<•
.
.
12 Mos. End. Dec. 31
Mar. 31,'48 Mar. 31,'48
1947 • '
1946
$31,465,004 $10,230,289 $29,241,067 $26,048,846
17,519,323
5,386,648
15,921,438 , 11,964,726
revenues
oper.
Tot.
$2,847,996
"
series
*
;
retirement reserve
appropriations —2,437,600
Taxes, other than inc.—•
2.621,922
Prov. for Fea. taxes—
1,928,279
1948—5 Mos.—1947
1948—Month—1947
31—
Co,
The
$11,000,000. 1978
War
television
cus¬
operations.
Broadcasting
Penn-Allen
The
World
Prop,
1363.
p.
its
appliances, to
New York.
OF
,Y.-V,vwEnded
-
Total
(M. H.) Fishman Co., Inc.—May Sales Increased 4.9%
Sales
STATEMENT
12
:'
new
registration statement (No. 73301 which became effective Dec.
1947, covering 36,000 shares of 5% cumulative convertible pre¬
ferred stock (par $25) and 100,000 shares of common stock (par $1)
was
withdrawn
May 18 last.
This stock was publicly offered and
sold
New Television Contract—
any
The company cooperates
gas
the
of
& Co., Inc.,
Harriman Ripley
is
">
The
stock
Monday, June 14, 1948
with
22.
any
and
underwriter
UNDERWRITER—The
bonds
Registration Statement Withdrawn—
Old
electric
of
sale
the
in
having discontinued its own merchandising
company wholesales gas appliances to dealers.
registration statement with
the SEC covering 36,000
5% cumulative convertible pre¬
ferred stock
($25 pari
and 172,000 shares
($1 pari common stock
<72,000 shares of common to be reserved for conversion of the pre¬
ferred!,
The offering price is $25 a share for the preferred and $10
for the common. There are no underwriters.
^
|
;
filed a
shares of
June
on
company
with
competition
direct
In
from electric service.
derived
was
dealers
*
■
not
is
tomers,
Corp.—Registers with SEC—
First Guardian Securities
The
1948,
with
proved contracts adjusting the compensation of certain top executives •
of the company. The shareholders also approved a proposal to change
the common stock from no-par to a par value of $5 per share and
authorized
a
$15,000,000 note,
maturing in 1908, the proceeds of
which are for the primary purpose of furthernig the company's ex¬
pansion program.—V. 167, p. 2256.
and
Florida,
FINANCIAL CHRONICLE
&
privately or publicly owned electric or gas utility company or agency
rendering similar services In the territory served by it.
Approximately
95%
of its total operating revenues for the 12 months .ended March
1948, against declining inventory
31,
of Jan.
as
within
wholly
inventory valuation is stated on the "Iast-in-first"This method provides a substantial cushion, amounting
the stores'
78%
out"
COMMERCIAL
THE
(2578)
10
of
oil
the
point
fields,
power
several
burg,
versatile
is
line
of
industrial
needed
year,
months,
having
with-an
this same
since the
standard
plants,
and
steam
Lynn plant has maintained
The
for
more
a
size
average
of
of shipments
war. ended.
.
almost
available,
These
will
anywhere
engineers
where
said.
out
44
4,000
has
turbines
kilowatts
recently
at
10,000,000
kilowatts
of
new
Mr. Belanger
26,316
$1,179,741
$1,059,747
17,195
94,156
*$39,797
$5,512,535
;
;
'
Gross
profit
charges———
Depreciation
—„—-
32
26,425
59,495
7'
100.276
Interest"—-,-;—_
Prov. for Fed.
Net
;
sets,"
31.310
inc."
-",243
—
/
13,961
34,837
77
1,032,366
219,492
-
62,963
taxes
458,078
$661,892
$558,357
*$74,712
$2,394,886
outstdg.—
1,059,834
1,059,853
874,833
1,059,834
$0.62
$0.53
Nil
$2.26
360,727
1,802,827
its highest
"Long the major producer of all turbine-generators used in steam
power-generating stations. General Electric now has orHcr.- for more
than
$1,148,431
income—
Income
since the- first
each.
At Fitch¬
been
-
profit—.
Operating
Other
have
record shipments-per-month ratio
turned
ratio
and
is
turbines.
said.*
v
/.
No.
profit
of shares
Earned
pp"
♦Loss.—V.
sb°-e_—
167, p." 1364.
/
,
"
,.13.^,
%
}
Volume
167
THE
Number 4707
Hastings (Mich.) Manufacturing Co.—
On
June
shares
a-letter
4
($2
common
writer,
First
—v.. 167,
of
notification
par),
filed
was
offered
be
to
Michigan .Corp.
347.
p.
of
at
$11.25
Proceeds
i
Under¬
stockholder,
share.
per
selling
to
go
The
750
company
387.295
ican
(& Subs.)—Earnings—
FINANCIAL
CHRONICLE
(2579)
June
on
shares.
Proceeds
Telephone
be
will
used
to
statement
advances
pay
with
the
from
*
.
.
.
„
f.
- ■
.
of, .such
•.•'«.
sales
Cost
of
$12,126,526 $13,672,478 $58,148,916 $57,150,771
11,163,793
10,817,143
48.984,406
44,016.927
goods sold
Pro v.
for
depreciation.-.:
216,690
182,B24
Sell.,
gen.
& adm.-exps.
9.43,152
-986,633
852,261
'758,742
4,011,653
3,874,980
-
'
cecf.t!
o
Other
Total
T
*$198403
>$1,685(878
33,862
income
35,750
income
income.:
*$164,248
-
cents
25
.1,67^,000'
income
*$24,248
$1,055,628
$2,824,698
shares
5hare___L
051,614
3,040.863
-4,235,488.
per
2,172,045
•
$3.49
2,172,045
fi*om
Nil
$1.30
.
..♦Loss.-'
Net
2,172,045'
$2.53 i
2,172,045
It
-
and
announced
that
and
January
the
entire
February,
in
loss
the
conditions
first
unrealized
in
1948. The company added:
gains
2558
n
■
91,980
90,164
"
the
:
>
purchase,
.
is
ASSETS,
■■■
/
»
Y'Y
•
f
-
/'
V
'Y. .;/'
.7
of
Current
at
market
receivables ——
and
to -other
points
Telephone
-
arid
$510,586
exchanges
Hecla Mining
Total
is
provided
77.
1948
.208,141
1,947
?
..171,537
;
■
,
.6,000,000 shares of $5 par value each)______
assets pec share._c—
4-4-—'
Net
v '?■■■
5/- "vfInvestments at tost,
Operating profit.4—-:^^--:
..$00,643 .- .„$51,246
V' '•*r
U"'
Other-income ^_„„4——235,658 M*: 227,551,
• Declares 25-Cent
•»: v>•:
$56997,708 rin 41948 -and $56,251,547 rin
/■. '4
'/ /.,/ ••.='/
.
.
.
,
interchange
or
OF
Deduct:
Taxes
V
/
^343---44i.4j^34:,Ut4/+44.
Income
,$1,517,087
578,262
1,509,658
1,251,350
$1,397,646
1,208,674
operating income
Inc.-deduct, <(tfct)'
$86,681
$188,972
depreciation »and depletion,
-.4,869
3.
accrued—estimated
.47,121
,
——
"•
$255,601
$265,737
9,803
24,146
27,757
71,705
73,449
shaves
$52,599
pf
••.$159,750
preferred
new
to
;.Vt
$164,531
sell
stock
to
3,000
additional
shares
of
mew
Earnings- per -share
4
1,000,000V >: 1,000',000
$0.24
1
n
$0.23
.
Indiana i.Gas
4/
o
-
..
J
XL.
-ni
_
'
•
.
<
shares of
($10 >parr common stock
to finance, ,in part, a ^construction
o
at
$12.50
Stone
u
;
additional
«9fl
«:harp ^with
npr
share, the-proceeds
Prior subscription rights
per
—V.
r
1,123
1,123
540
9,000
j'..'./V
V
.Surplus
for
t
-
*
$5,056
;
900,000
900,000
.$0.03
$0.02
^
"
♦Deficit.
$20,527
'
_ ____ .
share__,
per
'
4, 7948, pursuant to which each share Qf jcommon istock, of no par
was changed into two shares of common stock,,of ;no par value,
■!$1 780
by the distribution on June ?8, 1948, of one (additional share to holders
-900,000 »/• of ^ach-share mf record at the close of business on June 4, 7948.
$0.01 V //• the New York/Stock Exchange on ,.June ,j4 directed that Exchange
contracts in the "cominon stock on June 9, 1948, shall be ex said disi;,;
tribution;^and that alF due-bills must be redeemed on ;June 11, 1948.
—v. 167. p. :2361.
.V/
f
j:,V
/.
r'v- "9,000
r.
period.-//--—
Capital shares, out stand ing
Earnings
9,000
W-
■■■■*)*.
r\
j
v^iue,
■
'" "CONDENSED BALANCE
ASSETS—Cash
SHEET, MARCE
'$Xi-(1948
i
„
nnA
,
,
.
'International ^Telephone & Telegraph
r
.Gordon
dSSrtnph^*Vp? lc
LIABILITIES—Accounts
Kem,
on
.
4 'a
construction
and
*
Ediscn
formerly
to-be
i
is
'
-lY.>.'"-/■/
President
served
/
767,
p.
The
Net
—v.
company
Service, Jnc., Clinton, N. Y.—Files with SEC
will
on
June
filed.a letter of notification
,7
with
be
used
for
expansion
of
distribution
gas
,
May:31—
The
company
30,000
offered
in
The
system.—
1953,
Z v:V-Y:;Y,;/"
on
shares
June
and
of
the
State
of
New
Jersey
Net
from
to
.filed a letter of notification with the SEC
series A 5% preference stock
($10 par), ;to be
of
exchange
to
stock.—V.r;167,
par"value
no
York
same
jibe-no
holders
p,
of
common
434.
stock .of
one
,
,
Harbauer
share
4
,
of
common
stock
was
removed
datq.
par
\
,
$2.25 preferred
1695:
,
stock
listed
%
-
and
4
the
Co.,
v
,
v
to
-
on
,
i
4
the
4
purchase
42 Months Ended March 31—
before
Federal
i
t-'/YVY
per
taxes
profit
y'
$751,992
291,625
>
shares
4'
11947
i/
$1,498,828
Earnings
per
a
oucstanding__n.
common
share___
$460,367
242,180
'Y'-.V'
$1.43
$931,652
229; 205
4
$3.57
loss of $29,479
for the period
May 8, 1947 to March 31, 1948 of
H.-L. Hildreth Co. and Phoebe Phelps Caramel
Co., Inc., subsidiaries,
which were Acquired :by Huyler's on May 8, 1947, and a loss of $4,183
of-
-
$24.91
behalf
of
filed
was
with
$he
SEC <for
stockholders. ~sIayton"&
three
qgents
,&s
sell
to
the/issue.
(& Subs.)—Eamings—
April 30—
.
-
'
-
.
;
1948
J947
,
—$30,442,377
$23,665,856
1,367,746
27,526
*
540,000
16,000
$827;746
637,631
-
$11,527
637,631
NU
'outstanding.
Holbrooke
Candies, ,Inc., for the .three months ended March :3l;
1948, a subsidiary which was acquired-by Huyler's as of Jan. 4,-4948.
tlncludes-earnings-of $279,877"of Metro Chocolate Co., Inc. and Rotem
Realty Corp,, such /being .the earnings >or -said subsidiaries -only from
the date of acquisition on May 29, 1946.—V.
167, p. 942.
Y"
$1.0,6
that.date
net
$100,000
30,
the
'but
per
on
.
accrued dividends to tpe date
^
Since
are
not
Y~
for-the
fiscal
year
ending Tune
Y
/
Up 21.7%—
1948—A Wks./^1947
1948—20 Wks.-r-1947
$9,627,415 $56,675,378 $45,925,388
/>:..-,
'
The
1947
have
been
financed
definite,
EFFECT
//
,
;
TO
"
/
PRESENT FINANCING
Authorized
.
Outstanding
-
-
of
additional
bonds
for
conditions and re¬
principal amount of bonds
that may be /outstanding under 4he indenture is limited to $50,000,000.
tin June, 1943, the company acquired from General Telephone Corp.
6,238 shares of the company's $6-cumulative ,preferred stock,. Sub¬
sequently, -these shares-were reclassified into a like number of shares
of the
new
preferred stock.
In connection with this financing the
purposes, in the manner,
and subject
strictions'therein provided. *The aggregate
to
the
June
Dec.
/awarded
sale
.,
June ,8
on
bid
a
of
99.40.
Other
bids
were:
1
in
,Co.
1, >1948; vdue
New
York
June
1, '1968.
City.
Interest
Trustees,
New
payable
York
Trust
June
Co.
1
and
James F. McPherson.
In
the ODilliOn
the..opinion
Of -counsel
of "
bonds
the
will -be
legal
investments
for
under the laws of California, Illinois, Maine;
Minnesota, -New-Hampshire, New Jersey, New York, Ohio, Pennsylvania
(savings banks.organized under general,1aws),,and Rhode Island., The
office of the-Commissioner of Banks of Massachusetts has advised
that,
upon
/
•
,/
for
due issuance
savings
As
contemplated, the bonds will be legal investments
as
banks in
provided
mortgage,
time
the
in
Massachusetts.
the
bonds
supplement
will
not less ..than
be
30
•
-
dated
redeemable
■
-
-
June
in
1,
whole
•
1948,
or
in
to
the
part
at
first
any,
days' nor more rthan 60 days' (published
notice, at the option of the company -or for any sinking fund.
Tf
redeemed at-the option of the company, the redemption price to and
including May 31, 1950, wlil be 103%%; thereafter to and including
on
-
«
,
1952,
May 31,
102%%,
thereafter
after
/
'
thereunder
•./
was
the
■(. savings banks organized
.
issue
at
Dated
and
Dec.
the
issue
.
.
—
'3% % bonds, series — at 100.35 and
B,
'„■
White, Weld & Co., 99.1599 for 3%s;
Ino., 9945 rfor ;3%s; Kuhn, Loeb & Co., 100:599
for 3%s; and Harriman
Ripley & Co,, Inc., and Glore, Forgan & Co.(Jointly),-100.2699 for 3%s.
\
.
-
.
Halsey, Stuarrt
company
yet
•*
000 first ; mortgage
received
$369,000 for outside plant
1, 1974
7
*
^
$2,000,000
$6 cumul. ..preferred 'stock-lno par)/:—- //'/ .' 3,762 ahs. / ■/43:641 ehs.
$5.50 cixmul. preferred stock
(no par)
,
21,238 shs. • '
49,238 shs.
Common
stock-.(no par)__>_«.v———i
:
50,000 shs.
/28,490 shs.
the
/
-sales-c^/^^^ $11,712,845
interest.
in
^Indenture pexmit,s
earnings
Kansas City Southern Ry.—Bonds Offered—The First
Boston Uorp. and associates-on June 9 offered $14,000,-
share on or-prior-to May 31,
priqr to May 31, 1958, .and
or
company's
due
from
•
p.-849.
—y. 167, p. 2:257.
proceeds will be used by the company—first,
bank loan/.incurred rfor -.construction purposes,
CAPITALIZATION GIVING
series
made
167,
Jewel Tea.Co., Inc.—Current Sales
a
program
,
Period:End. May 22^
(no
.contemplates further substantial
expenditures for additions and betterments, it is expected that addi¬
tional
capital funds will be required.
Company's present plans for
such future finepcing as. may. be required in order to carry out this
financing
June 7,
1948 declared an extra cash dividend -of
tps. 397.8,42 spares pf common stock, payable July
holders
to
1948.—V.
Retail
purposes,
to
on
on
disbursements
$561,420 demand note -given to General Telephone
payment for ,6,238 shares of the company's $6^
preferred'• stock
acquired from
it in June, 1948, then
pay
1948
spare
of record on June 30, 1948.
regular quarterly dividends of 30c on Sept. 30, 1947 and
40c each on Dec. 10, 7947, March 10,
1948fand June 10, 1948, this-extra
of 40c on July 20, 1948
brings to .$1.90 per share the total dividend
:
4
stock
directors
Including
^ the .balance Tor Jandr furniture.and office .equipment and-vehicles
567,176
••Includes earnings -of Rotem Realty Corp.-for 6V2 months and earn¬
ings of Metro Chocolate Co.MInc. for 10V2 months and Is after allowing
for
prices
and
-share, plus accrued dividends;Y,/y /;
is'redeemable at
equipment, $265,000 for station equipment.
,
Net
..
preferred
cumulative
$5.50
made .during
♦1948
EesexYe for Federal taxes (est.)
Common
.
^
the Curb
Huyler's (& Subs.)—Earnings—
Profit
notiUcatipn
on
Jacobs Co.
shares
per
20,
treasury .for .expenditures -heretofore- .made
for
and finally to finance future additions and better¬
properties.
Gross property additions And betterments for the year-ended Dec.
t
iojIt^
e"7in nnn
Tf
<c
«ct.imaf.AH
that. .ffrnKK .Additions
31, 1947/Zamounted to. $710,000.
It is .estimated that gross Additions
and betterments for the year ending Dec, Jl, 1948, Vfill :be $998,000,
of-which
$45,000 will be for buildings, $225,000 for central pffice
ments
"
.
stock
of
wi£h treasury/funds.
:
1948
'
profit
40c
reimburse .,ito
to
capital
"
,a
cumulative
Harbauer
,
from.listed
common
stock
repay
then
Curb
??rrantS will,eontinUe to
p.
r;;"
at" si05~after
Corp,- .(parentr
Exchange at the opening of business on June "7,-fol¬
lowing admission of. this is^ue .to the New York Stock Exchange .on
i
p.;203o.
PURPOSE—The
/Hussman .Reliigerator Co.—Listed oiitBig/Board—^
tbe
market
to
30,
Federal'income-taxes_^_
income taxesT———
Common
A >1948-^-Mo«th-^1947
1948—4 Mos.—1947
$5,654,439; :$5,557,630/|2083l862'$18)677)794
at'^I04-thereafter,'in yeach case/with
of- redemption.
2
the basis of two shares of Hunt for
on
common
The
i€7,
9,238 shares
par) at $100
'
»
outstanding
company
April
before
Federal
//:;://■ Y-"- //'*/' 'y:
director of Thomas A. Edison, Inc.,
Preferred Stock Offered—
An underwriting group headed by Paine, Webber, Jack¬
son &
Curtis; Stone & Webster Securities Corp. and
Pacific" Northwest Co. on June 8 offered to the public
Hunt Faods,iInc., Los Angeles—Files with SEC—
New
par
sales
Profit
Interstate Telephone Co. x—
Vp66, .P. m-
Ohio,
at
9 Months Ended
,
,
/Interstate Department Stores, Inc.—May Sales—
the,SEC
for $8,400 5%
sinking fund 10-vear serial debentures, series C, .due
June 1, 1958, and 420 shares of common stock (par $10)/ The offering
price ,is $150 per ,unit of $100 of .debentures and five/shares of
common.
Underwriter. Mohawk Valley Investing Co:. Inc., Ut:ca, N. ,Y".
for
this
of
on
Columbus, Ohio—Extra Dividend
1694.
Household
-
letter .of
a
and
Trust
&
Proceeds
i
with $26.79
1
June 1, 1948, Manufacturers Trust Co., *New Tforjc, N/ Y„
appointed transfer agent and scrip-agent and The Chemical
Co., New York, N, Y., has -been appointed registrar.—
.
;
share
common
:
Governor
as
Effective
;
per
with securities owned ,adjusted
compares
sold
"fF. L.)
The
has been
.
1948,
This
($1
■Period-End.
-
1,1948, certificates
$1.12
this■■ corporaticn,
of
(
Home Insurance Co., N. Y.—Transfer Agent & Regis-
V.
31,
pp .June .l
ftyjtf
f
1
Underwriter
share.
Bank
;
,
:
CJf. H.XHolan-Co^p,, Cleveland,^Ohio«shares
-.'v
■■
,
-in Germany, including the re-establishment of international; v Co., St. Xouis, ,Mo,, have beeu employed
'
Mr,
June
554
Irwin-PJiill|ps Co., 'Keokuk, Iowa—Filing witftsSEC-
Corp.—New V P.
payable,
dfstribUtiontjDr$503J542;-totali $867,554.—V. 167, p. 46. '
On
.180
(Inverlat), Mexico—Partial
May 31, 1947.—fV. 767,-p. 2361.
.
^
554
374
QiWP.wgHer
May
$28.70.'
was
been .associated with the ;I.T,^T. System for
who has
,
29,723
554
180
-
-
,The net asset-value
'
communications with that country and other activities carried out in
$76,058;
accrued
miscellaneous .// cooperation with the U. S. Military Government for Germany. He is
taxes, $3,990; dividend payable on April '25, 1948, $9,000; .reserve .for ' ; still engaged jn these activities.
rV/'v
'•*'
Federal income tax, $12,154; capital stock ($1 par), $300,000; earned
*
.
*
'
t
'
/
.
/
surplus accumulated since Jan.-l, 1930, $369,894; distribution to stock- New Directors—''
holders in -years prior tp >1930 in excess af earned surplus at dates ox... . ,
in-years
1930
of-earned
of .,
tharl(js EdiSon and "Morris F. LaCroix have been elected directors
-
:€4>!
180
374
,
■
^
r
as-at
Second .Vice-Presldept in New York with special .assignment pn System / - par)
.
,
$698,416), .*101,679, {deferred charges, $6,360, totax, $867,554.
.
>831
374
^
in
banksr-$451,993; U. S. Treasury obligations, at
casf, ^$60,000;-accounts-receivable, $38,379; crude ^oil, /at posted field
prices, $2,437; supplies, $21,132; investment in/and advances to Wyqming-California Petroleum Co, $108,000; marketable securities,-at cost,
,
1709
,
270
210
Valup Ppr Qhnrp Micfhor-
.
.
360
V
-1
...
.
Investment Co. of America, Los Angeles. Calif —A«?<?Pt
,
\'rT
749
-561
7,663
1,063
7,663
'
representing .70,000 shares of capital stock.
The certificates will be
paid at the officeuof the-company) Isabel 1& Catolica No. 40, Mexico,
D.
F„ with the corresponding dividends to
May 31, 1948,-r-V. 158,
r
i
540
'437
'
2361.
p.
-
■
^Inversiones Latinas E. A.
Redemption—
~
j;,
/.
Total
540
P.C2047.3,.
Dividends
To Option
"
There haveibden called fdr
redemption as of June
;
if1',?
of
per
Subject
v.
Webster Securities >Corp.
&
167,
-
dpalpr
n
$95:50
1,123
Win. P. Haiper ;& Son.& Co
''*chass one new share for each 10; shares, now held.- Indiana Gas* has >*
^.common,snaresrttpar^oj.per snare, .wirn.a aeai^r:-^6C0>m shares 0f outstanding common stock, of which public service concession of 70 .cents a share.—Vj.
167,. p. 154.
,y
•
CO; Qf Judiana, fine., Its immediate parent, holds 267,010 shares.
The
^hurpc-fnar «5V-at
peveral un¬
share-plus
at
^Curtis'
Richards & Blum,
Foster,;& Marshall
•
:
Grande & Co,, ,Inc.v-—
Holland ^Furnaoe ^CO.—'Secondary ; Offering—'Blytn &'4.;
program.
Qn May 20 made a secondary offering of 6,000 ' ; are/due>to be offered to existing stockholders, entitling -them towpur-
-
Paine, Webber, -Jackson
•
Co., Inc.,
tenmmnri
stock
Purchased
Pacific. Northwest 'Company..
^«^u^.iixu<wiwesi,(vompany___
Water Co., ,Inc.—To Sell Stock—
per
-No. of Shares—
'
*
>
$95
sh(are .plus ^dividends, .at .any time prior -to -Aug.
:l, -1948. The ^number
shares .which each -underwriter has
.agreed to .purchase, and • the
of shares which
each, upon the consummation of such pur-*
chase, shall,, have an option to (purchase, (appears
opposite Its name.
-•••:•
Juire'^-veorripany' asked SEC permission to-sell 60,000
:On.
^
last.'44/ ..,4;,4
$90,600
the
to
at
preferred
:s,Paymepts ;in ,1947' WeEe .as follows: April 30, July 31 and Oct. 51, 25 >. Murphey Favre, Inc.__________
cents eachjrand Dec. 24,. 65 cents.—V. 167, p. 1365
PalnerRice & Company.
;;
4 .8226,536.*)
$244,311
Capital shares outstanding.-^
April 30,
26,675
71,697-
of
•
45,786 ?3i'-
1945
-24,270
(
6,238
1946
number
^he directors : have declared
»4iu, raj*,
con¬
purehase
a dividend of 25 cents per share out
of accumulated and accumulated earnings, payable July 30 to stockA
similar
distribution was
made on
./aholaers/-of^ record,,June ;29
R9_H_q
$296,301
these
^Calendar Years-
1947
To Be
"Total
%
with
contracts
EARNINGS
AJNDERWR1.TING—Company has agreed
up
1947.
.
,
DlVldenCU-
Pacific
dividends, and the company has agreed that upon consummation
such purchase the, several underwriters shall have
options to
3,085,263- .>42/978,741
$21.73
$22.63
___
The
'
Wt income
Net/assets,
$67,046,016 -$67,398,069
S^ares.of caPitaUstqcktoQtst^nding (authorized
7
+■
;$222„783
^ ,$268,784
with
& taxes
exp.
derwriters
155,819
connections
$1,855,259
,/ 181,937
■
toll
between
$664,943
558,424
^
service
between its ex¬
Toll service
companies.
Apr. 30, '48
oper.
Net
744,619
telephone
through
Interest & other deduct.
,$68,318,132 $68,298,500
toll
-revenues—
oper.
,
Misc.
.
501,935
providing telephone
their environs
'
Total
'
of
;4 Mos.-End.
'
•
'(
Operating expense
other
of
operating agreements
necting companies.
$389,341
770,182
'
_
business
Telegraph Co., American Telephone & Telegraph Co.
^Independent companies.
Such
toll
service
is
provided
65,449,975
'■•Y7Y^7,r,Y7Pt;heiL current
W'lHI
Co.—Earnings—
to
&
certain
1947
$2,666,594
Dividend payable April 30—"-/-•-l'--—'
options
.
the
in
under
31
1948
.
have
and, upon
purchase the
.
$4,068,302
quotations.;/,/;
Tele¬
shares
cases,
63,691,406
__________
in vestment, securities
will
6,238
company
owns
toll lines
and .provides
of its
own
.exchanges, apd, in some
changes
121,245
$629,477
MARCH
purchase
.1
.
engaged
,
NET
Valley
competition," to 148 communities and
Washington, Idaho and Montana,
•
$762,582
OF
stock
common
,
to
SUMMARY
securities
acquire
Kennewick
_
and losses
STATEMENT
-to
of
agreed
,
States
The
31
1946
$719,641
•
_
without
.realized
Cash
*
the
-74 7S.:747.47■■•Y* 4^77'-7* ,7V^77.
//--.Quarter Ended March 31—
,/Net -receipts from ore sales________^_7r,4i-s-—
..
in
Total
quarterly ((cash dividend of 30 cents /per share was (de¬
April 30, payable July.l to stockholders of ^record June ;44.7
on
166
v
7
of
MARCH
1947
,
such
.company
various
usual
clared
'
'
■*
The
service,
(Qn the Basis of'Stating Investment Securities at Market Quotations)
j
ma-
"With continued good volume,
earnings for the balance of the year should be satisfactory "
The
-
ftnr
n
.
$854,562
,
excl.
1948 '
quarter of
March improving
Earnings in April were expected to begin to show the benefit ;
of the company's sales process, which -became effective *
/April 1,
;
int.-,-
together with.78
property
of
the
corporation.
of the.shares
AND
•
in the.advance
—V
div^. apd
investment
on
V.
terially.
v
cash
income,
1
j
represented
QUARTER- ENDED
shares,
its ..treasury,
the
of
that
BUSINESS—-Company was Incorporated April
1,
1S31, in Idaho.
Principal .executive offices, 165 South Howard Street,
Spokane, /.
Wash., \
but .company dools not operate in Spokane.
'
r
.
4NG0ME,
have
'
was
in
r*
quarter.*.
$5,493,876 *
651,614
for period-
com.
Ai
r\ A
$67,046,016
1948
3,181,965.
'
was
per
the
of
STATEMENT "OF
$8,675,841
$4,494,698
HISTORY
by 3,085,263
by 3,059,495 shares,
net .asset value per share, adjusted for a divi- "
share, was $21.98 compared with $21.7,7' at the *
year-end, .and
of
.beginning
«*»/"* rr
.
were
in
and
shares
shaies
3,172
by
,
II
remaining 3,000 shares.
$66,599,386, -represented
income
dividends-
Oytstdg.
Earnings
175;?18
..
urAMM
.
31, -1948
with
compared
Expenses
"Net profit
Cash
656,000
dend
'
<
$1*721(628
Cr70,000
P/ov. for Fed,
j
taxes (est.)
$8,500,123
$4,300,596
194,102
TVyrot»fll-»
of- Mareh
as
the
at
.Operating
; i
/»f-
oe
assets
of
remaining
stock held
.
underwriters
+The
these
use
Co.
Telephone Corp. 5,490
the
preferred
held
now
consummation
/For the quarter, .net income per.share-of Incorporated Investors was
approximately 25 cents compared with 21 -cents a-year ago, Total-net
shares,
stock
Telephone
Co.
phone
and
Incorporated Investors—Quarterly Report—
Mar. 27/48 Mar. 29/47
Mar, 27/43 Mar. 29/47
excnange
cumulative
of 'Selah
—12 Mos. Ended-——
3 Mos. Ended—
■
-Period—
for
rin
$6
Company expects to
Amer¬
.
Net
General
company's
Telegraph, its parent; any remainder of proceeds
Wjll'...be used'in Improving ^telephone plant.—V. 167, p. 2467.
i
1
v
intends to issue to
stock
company
common
filed' a" registration
4
SPC/covering* 389,995 shares of capital stock (par $100)( The stock
will be .offered pro rata for subscription by shareholders of record
June-2.
American Telephone and Telegraph Co. (parent! will purchase
.
Hazel-Atlas Glass ?Cb.
&
"Illinois Bell Telephone Co.—Stock Registered—
:
for
with :the SEC
COMMERCIAL
and
10334%/,. thereafter to and including May ,31, 1954,
to and " including May 31,
1956, 102%%; there¬
including May 31, 1958, 102%%; thereafter to and"
including May 31, I960, 101%%; thereafter to and including May 31,
1962,
101%%; thereafter to and including May 31, 1964, 10178%.;
thereafter to and Including May 31, 1966, 100%%; thereafter ;to and
including May 31, 1967, 100%%; and without premium if redeemed
after May .31, 1907; ip each case together with accrued interest to 4he
date
If
to
of
redemption.
redeemed-for
including
May
31,
101%%;
after
to
,
any
sinking-fund,
the
redemption
price
to
and
195Q, will be 101%%; thereafter to and including
1952, 101%%; thereafter to and including May 31, 1954,
thereafter to and including May 31, 1956, 101%%; there¬
and including May 31,
1958, 101 Ve%; thereafter to and
May 31,
12
Laclede Gas Light
1960. 100%%; thereafter to and including May 31,
thereafter to and including May 31, 1962, 100%%;
including May 31, 1966, 100%%; thereafter to and
31, 1967, 100%%; and without premium if redeemed
1967; in each case together with accrued Interest to
including May 31,
100%%;
1962,
thereafter
to
including
after
May
Operating
Operating
May 31,
redemption.
and
issue
bonds
these
of
authorization
subject to
are
Taxes other
LISTING—Company has agreed to make application
the New York Stock Exchange.
notes dated May 28, 1946, and due May 28, 1949.
Said
by three banks) are secured by the entire issue of
$14,000,000 Louisiana's first mortgage 4% bonds, series D, due May 1,
1969.
'
The proceeds of the sale of the bonds of series B will be used by
the company in
the acquisition of the above-mentioned $14,000,000
of Louisiana's bonds at their principal amount and accrued interest;
and Louisiana will use the proceeds of the Louisiana bonds to prepay
promissory
of
$14,000,000
under
capital
deposited with New York Trust Co., as corporate trustee
the
company's first
mortgage.
Thereupon, all the issued
stock of the Louisiana and all its outstanding first mortgage
$1,422,035
deductions
'
350,737
•
have
..
$989,139
232,073
obligations.
Under
the
provisions of the first mortgage no additional first
mortgage bonds of the Louisiana can be issued except for pledge
first mortgage.
the
under
V.
'.;-r
COMPANY
OF
SECURITIES
HANDS OF PUBLIC MAY 1, 1948
•
Lane Bryant,
—V.
redemption
fislcftscci
has
date
167,
holders
* i
i
that
of
record
York
r
••
■
<lf
*
„
(no
par).
/V:v
.■
,
2,000,000
Co.
Co.
2.000,000
Central
2,000,000
j
(no
p.^ 2468,
.:
Riter
The
Marks
shares of
stock
common
On
&
INCOME
June
income
Dec.
income
,
taxes—
167,
the
At
for
to
share
No
and
used
warrants
$1,706,033
-V
offered
are
Net
profit
...
Surplus per com.
No.
of
per
W.
to
stone
declared
8
capital
$1,958,086
85,313
1,170,600
a
stock,
with
The
$1,637,226
1,499,520
persons
also be included
may
Income
$702,173
115,227
statement
for
the
'
$772,600
12
115,227
■
$644,651
has
this
voted
8
meeting
the
$1.07
follows:
ended
599,760
;;
't
;
March
$0.93
31,
1948
V
: ■
sales, $96,087,379; cost- of sales, $77,835,558; general and selling
expenses, $7,255,661; profit from operations, $10,996,161; other income
(net), $452,963; gross income,'$11,449,124;: bond interest and other
interest,, $345,656;-estimated Federal, State and
Canadian
income
taxes, $4,351.584net income after taxes, $6,751,884; net income of
Bonifas
Lumber
Co.
and
North-Star
Timber
Co.-(whollyowned
subsidiaries), $285,231; net income before provision for pre¬
ferred stock dividends; $7,037,115;
provision for preferred stock divi¬
dends, $740,908; net-profit; on common stock,, $6,296,207; profit per
share on 1,499,520 shares,
$4.20; profit per share for the 12 months
ended
March
31,
1947
1,199,520
on
shares,
$4.09.—V.
166,
cents
paid
April
on
time
100,000
share
to
the
additional
American
SEC
shares
Gas
df
&
authorization
common
Electric
to
stock
sell
(no
from
par)
time
for
:l
to
$15
a
Co.,
parent.
The Kingsport
company will use the proceeds for construction.—V. 159, p, 2522.
! ;
(G. R.) Kinney Co., Inc.—May Sales Increased 5.6%—
Period End. May 31—
1948—Month—1947
Sales—
—V.
$2,962,000
to
to
from
to $5 per share.
held
—V.
$1.20
'
;
per
per
annum
the
on
old
25
has
been
appointed
from
Prior
Financial
e
$
/
w—
In May,
from
a
1948
year
the
company
ago.—V.
$
21,774,435
....
167,
p.
had
1948—5 Mos,—1947
$
'
*
$
.
21,653,075 101,731,471 $95,851,276
697
stores
in
Co.
He
will
operation, unchanged
used
be
to
Magnavox
Corp.,
that
to
he
make
—V.
167,
p.
;
1948—Month—1947
1958—5 Mos —1947$12,609,779 $12,765,377 $57,217,839 $59,408,441
2258.
time
his
where
he
held
the
had
headquarters
'l
•
''.f
1948
in
acted
position
ry.
income—^
oper.
rnmngS&uw*. &i67C°p. 1^rkee' Pr°Cee'13 W1U be
used !or
(M. H.) Lamston, Inc.—May Sales
Up 2.8%—
—
—V. 167, p.
"
1948—Month—1947
$267,486
2258.
$260,122
$1,296,906
$1 165 302
A
at
of
Holders
it
fire
was
reported
>'
from
■
U.
V
of
sawmill
of
date
May
6,
,
167,
1945
1,037,852
'58,792
:
13,673,721
if, 2,651,028
L
*110,874
plans! the
sale,
7
announced
the
:
>
receipt,
of
business
1,
2135.
.
or
a
drawn
being notified by
< .
are
'
'
.
June 7, 1948, have been drawn
at $110 per share plus accrued
total of $111.62% per share.
on
1948,
share,
,
the corpora¬
f.'.'' ..v*1-"'
Plan to Set
—
U|) Fund* to Buy
;
;
" r
v
,
■■■
V.
■-
D.
setting
Wilson,
up
fund
a
was
Pacific—John
It
made by three
"independent"
V. Farwell III., Bolton Sullivan
opposed
D.
by the Alleghany
dismissed
secured
by
Guy
A.
$33,119,349.
4,
Corp., and
serial
by other groups.
authorization
petition,
Thompson,
bonds.
v
was
!
;
by
sought
-
.
' :.
0
*
:
'
Vice-President of the road, said that as of April 3®
this company were $85,360,978 and current liabilities
The latter excluded $172,713,968 interest in default.
As
Peet,
a
of
assets
June
was
the
had
company
cash
hand
on
of
$8,215,938
and- U. S.
Treasury notes, series C, of $37,053,000, or a total of $45,268,938.
Vr :
The three minority members of the board said the Missouri Pacifie
now has more than $50,000,000 in working capital and that $20,005,00(1
be
/"v'V'
sufficient.
''-'v
v-'"
Dearmont, attorney for trustee Guy A. Thompson,-objected
"U'
grounds that the independent directors, John V. Farwell III, Boltoa
Sullivan and Donald D. Wilson, did not represent the entire board and
on
*
possibly before
bonds.—V. 167, p. 2469.
June
of
the Missouri
the
5%%
\C.
of
.
announced
8
redemption of 5,000 shares of $100 par
stock has been completed.
The 5,000 shares,
Sept.
per
June
on
for
certificates
p.
for
road;
current
290,789
13,718,435
657,012
the
and
$3,836,032
791,561
v
J 1,946,215
*2,489,840 j; *871,713
> '
merely were appearing
in Court
individuals.
as
said the surplus funds held by "the trustee might be
reorganization of the railroad;., Several reorganization
plans are under consideration by the Interstate .Commerce Commission.
•Mr.
Dearmont
—V.
for
167, p. 2362.
'
■■
'
\:?1'
.'
'
; ;i
Monmouth (N. J.) Consolidated Water
f;,;j:
Refunding—
construction
The
New
'
■
Jersey P. U.
Co.—Considers
'
:
,
the
Commission has taken -under advisement
application of the company, a subsidiary of'"the company, for »
refunding program to place it on a sounder financial basis.
; 5
The
company
would
issue $4,300,000 in 3%7c
bonds and 4,000
shares of common stock with a stated value of $100,000.
American
•»
2469.
p.
1948—4 Mos.—1947
?
Judge George H. Moore, at St. Louis, Mo., on June 7
petition to direct the trustee of this road to establish
a
Under
approximately
1948.—V.
m
Higher-
trustee
-..'V
the
three directors for the purchase by tenders of the following, bonds:
Plaza-Olive Building 6%
first mortgage; Little Rock & Hdt SplJngs
Western RR.
4%* first mortgage; Central Branch Union Pacific -4'%
first
mortgage; Missouri Pacific 5%' first and refunding mortgage,
for
issue.
of
close
on
the
Donald
and
Co.; (Ky.)—Weekly Outputs—
on
*
:
1948—5 Mos.—1947
District
S.
directors of
$3,738,493
■.
13,663,491
new
company
$14,806,506 fund for the purchase of certain outstanding bond issues.
a
to borrow $8,000,000
*486,028
.
company
Malarkey, President,
on
be
$9,413,200 $36,665,800 $34,261,703
'
Exchange,
preferred
the
167,
dismissed
100,000 board foot daily ca¬
pacity on the site of the C. W. Guerriei: Lumber Co., Springfield, Ore.
The new mill will cost in the
neighborhood of $300,000. It is being
constructed jointly
by the M and M. Wood Working Co. and the
Portland Mfg. Co, The C. W. Guerrier mill
was
completely destroyed
by
will
$5,984,346 $28,180,031 $26,913,741
v.W
•
■
Curb
$1,62%
Russell L.
June, of $30,000,000 in
modern
a
stock
the opening ol
admitted to
be
s
Missouri Pacific RR.
167,
M and M Wood Working Co.—New Sawmill—
Herbert
■
of
The
at
will
Privately—The
Bonds Dismissed by Court—
Louisville & Nashville RR.—Financing Reported—
the end of
rights
1948—Month—1947
drawing
redemption
required
Water
Works,
Inc.
(parent)
waive $300,000
would
of an amount due
Monmouth
to provide additional surplus.
'.-y.:'proceeds would be used to retire $3,564,000 in outstanding 5%
bonds, $250,000 in bank loans and $471,000 in advances from Amer¬
from
The
McClanahan Oil Co., Grand Rapids,
profit
Mich.—Earnings—
acquired
p.
2031.
"...
;
earlier
Water Works. -The company also would retire its outstanding
cumulative preferred stock totaling $185,700.—V. 136, p. 3533.
ican
1948
1947
r
$22,661
—
Dr$ll,652
•
The above figures do not include
any earnings of Great Lakes Chem¬
ical Corp.,
which McClanahan
this
year.—V.
167,
$7
;
-/f
Monongahela Ry.—Earnings—
McCrory Stores Corp—May Sales Increased 2.1%—
—V.
p.
2258.
from
Net
1948—Month^-1947
$7,277,495
167,
from
Net
ry.
oper.
•••
from
1948—Month—1947
from
Net
$4,356,922
$38,192
$489,440
326,638
*111,587
223,829
*5,448
123,421
*216,661
67,360
2,391,216
2,620,334
1,853,171
1.995,718
1,031,264
1,361,466
770,980
953,545
204,185
560,753
184,431
365,122,
income
ry.
railway
railway____w_
oper.
income
'Deficit.—V.
167, p.
2032.
.
167, p. 2031.
* 1948—Month—1947
31—
$
profit
before
1948
Sales
1947
1948
1945
$82,876
$47,044
$17,753
Donoghue, President, said that estimated income taxes, before
and
intangible drilling costs, were $58,456 for the first
This
of
1948.
company,
:
•/
■
—V.
$
1948—4 Mos.—1947
l*
$
S'l-'f
104,611,740 104,322,237 402,728,107 372,792 690
167,
p.
2032.
./,/j"''/; -... ' 1
in¬
taxes—.,—$209,104
write-offs
quarter
!
v
Montgomery Ward & Co., Inc.—May Sales Up Slightly
Period End. May
Qtrs. Ended March 31^—•
.
1948—4 Mos.-*-1947
$3,824,740 $15,756,383 $13,937,199
Mackinnie Oil & Drilling Co. (Wyo.)- -Earnings—
Net
v
$637,447
;!■ 170,804
From Jan. 1—
Gross
Net
^
McLellan Stores Co.—May Sales Rose 13.9%—
1945
1946
'•'"■'A; A A'.'
V
'
$441,859
railway
railway__„__
1948—5 Mos.—1947
$7,127,581 $34,498,619 $32,248,055
■
'1947
1948
April—
•
Gross
James
1948—5 Mos—1947
series
record
$
a
Electric output of this'company for the week ended June 5, 1948, •
totaled 40,784,000 kwh.,
as
compared with 34,599,000 kwh, for the '
corresponding week last year, an Increase of 17.9% :—V. 167, p. 2469. I
come
Period End. May 31—
York
the
would
^
3
held.
Exchange
the
1948—4 Wks.—1947
$10,188,100
that
p. 2362.
Louisville Gas & Electric
June
shares
Stock
time
$6,347,853
2032....
p.
tion.—V.
of
-
jf*Deficit.—V. 167,
—V.
on, June 4 flled a letter of notification with the SEC
l?Ll'°°°eha™ ot common stock' t0 be offered at $6.50 per share
^
*745,704
from
Period End. May 31—
Lakeside Laboratories, Inc.—Files with
SEC
Sales
'
.312,422
railway
15,233.716
Net from railway____„'v
*141,477
Net ry. oper. income— • *3,485,544
On
Detroit
2259.
p.
167,
for
v
1946
$3,555,661
From Jan. 1—
Gross
22,
He
in Chicago.—V.
1947
railway__„', $3,914,239
railway-'
V 88,210
from
SEC
2258.
p.
New
of
ii
;
from
Net
Sales
fnJh,eJ^m£an'y
167,
the
with
stock. The proceeds will be used
capital.
V
:
1
1948, will on June' 15 be issued
before July 10, 1948 for one additional
which
at
;_!_
6%%
>
pay
■'*
Gross
the
notification
of
tA
?
-
letter
a
common
or
on
on
15,
The
bank loans or for construction.—V. 167,
consti
■'' '•f ?v*.v -• •:, >y..;;;•.' ■:
Period End. May 31—
2258.
(S. H.) Kress & Co.—May Sales Declined
1,2%—
Period End. May 31—
167,
Co*, Detroit, Mich.—Files With.
share for each 2J/2
per
advice
capital
-
Sales—
Sales
limit.—V.
time
Merritt-Chapman & Scott Corp.—Stock Drawn—
quarter, to¬
Vice-President,
Three Months Ended March 31—
(S. S.) Kresge Co.- -May Sales
Slightly Higher—
167,
—V.
;
the stockholders' meeting, It
split, would be placed on an
share, payable quarterly.
This
share
per
receiving
company
vf
•
par)
Period End. May 31—
after
,
will
<$i
June
on
Sales
;Long Island RR,—Earnings—
Net
Sales
without
common
r
when
cents
60
company has asked the SEC for authority
four banks on 2lA%
notes due 11 months
2439.
p.
$2,805,000 $11,733,000 $11,162,000
«
share
Melville Shoe Corp.—Current Sales Rose 6.1%—
of Freeport Sulphur Co., Assistant Comptroller of Fire¬
& Rubber Co. and Financial Assistant to the President of
Grant
Proceeds
1948—5 Mos.—1947
1948—Month—1947
cumulative pre¬
split the capital stock two-for-
$10
Long Island Lighting Co.—Seeks Loan—
The
167, p. 2258.
Period End. May 31—
of
filed
4
Period End. May 29—
Retail sales.
last.
15,
2105.
p.
Kingsport (Tenn.) Utilities, Inc.—To Issue Stock—
.The company has requested
shares
subscribe
$1.75
The motion
Net
William
preferred
5%
ance
regular quarterly dividend of 75
payable July 15 to holders of
50
stock,
new
of
been
capacity.
1695.
$586,946
599,760
$1.48
months
7%
of
recently placed privately with the Equitable Life Assur¬
Society of the United States $5,000,000 3% note,
payable in instalments beginning July 1, 1950 and end¬
ing Jan. 1, 1963.—V. 167, p. 1472.
'xof
purpose
Split-Up Ratified—increased Shs.
June
basis
April—
V $759,878
1,199,520
V
$1.09
each
shares
Mercantile Stores, Inc.—May Sales 8.2%
par value from
Walter
Tire
T.
W.
p.
Net
shr.
share.
com.
of
for~four
^
Comptroller
JDr9,500
78.653
$1,957,827
N 185,227
185,227
...
shares—
com,
Earns,
$1,822,453
—
dividends
exchange
Masonite Corp.-—Note Placed
'
Preferred
the
arrears
June
on
"ex-rights"
trading.—V,
stockholders
i',
.
Liquid Carbonic Corp.—New Financial Vice-President I
287,553
412,268
.
two
shares
to
at
business
employees.
the
for
compares
on
the
equivalent
consulting
(<
company
dividend
comes
'
,
$1,250,819
79,887
1,124,839
into
141,600
share
cents per share each
gether with extras from time to time.-J-V. 167, p. 2258.
1
Dr26,000
$3,162,553
for
dividend
repay a loan and for working
The stockholders of record
May
1948—4 Mos.—1947
60-Cent Annual Dividend Basis—
on
that
which
Allan
12,000
156,859j
*
provides
of
Masco Screw Products
"
2362.
p.
dividend
be
stock
ACCOUNT
1945
the
This
directors'
decided
will
312,669
1,061,474
unit.
com¬
: ■
-v-, (
SEC—Rights to Stockholders—
" '.,1
„
officers
of
June
on
stockholders
annual
209,045
$2,980,368
96,441
—
.v.
inc.
etc.,
Just
is
Basin
<
plan
$112
convertible
$9,754,708 $37,861,835 $32,414,186 V
.
will be
on
and reduce
one
500,000
$926,150
206,785
Elk
p. 2469.
2560.
p.
1947 the quarterly payment was increased from 37 % cents
and an extra of 37% cents was also paid on the same
19,
cents,
The
rjen ftnq!
Co,
$2,796,649
138,942
.
North Star Timber Co..
Total
166,
*•
public except as such
30.
to Be Placed
Co,
Domestic Subsidiaries)
" 1946
1947
$2,634,640
....
of wholly- owned
subsidiary
]
Interest
"Flat."—V.
well
Eight, other
10.61%.
ferred, $25 par; four shares of $1.25 cumulative convertible preferred,
$26
par;
and $8 cash. Each share of convertible preferred will be
Exchange*
that
Co.—Quarterly Dividend Increased—
share
per
50
Profit
Fed.,
„
Lionel Corp.—Stock
;
$26,200,123 $21,122,576 $15,012,060 $13,931,792
23,565,483
18,325,827
14,085,910
12,225,759
expenses
Operating profit
Other
dealt in
1948—Month—1947
;
subsidiaries.
proceeds
date.—V.
secondary offering of 3,000
a
1948
sales
and
1948.
18,
directed
■;
•.
offer."
The
is offering at $46 per share 11,845 shares of common
a
selected group of officers and employees of the
directors
record
;; r\-
(Including Wholly Owned
Quar. End. Mar. 31—
Cost
June
on
8
step-out
in, the
area
is
area
to
its
Lion Oil
The
to
(no par) at $23.75 per share.
CONSOLIDATED
Net
June
This
acreage.
initial
Marion Power Shovel Co.—Offer Extended—
with
Co.—Offering of Stock—
general
net
cents
1—1,000,000
Republic
;■
the
are as follows: Mr. Donoghue (Pres¬
Treasurer), Warthon Allen (Vice-President), T. E. Knowles
David F. Strickler, E. J. Marston, E. J. Sullivan and
Parker,
F. M. Harrison is Assistant Secretary and Assistant
H.
the
will be made
due 1975, to
providing working
capital in the usual course of the company's business.—V. 167, p. 1923.
was
v
..
May 27 made
on
;
.
the selected group
In
160,000 shares of
——
&
adjacent
participating Madison
in
are participating.
directors of the company
quoted
par)
and
the
to
or
Kimberly-Clark Corp.—Secondary Offering—Blyth &
Co., Inc.,
'
^
—
(Inc.)
2.000,000
1,000,000
Inc
Co.,
167,
&
M.
Laurence
Corp. $2,750,000
Merle-Smith
&
be
to
$10,991,384
167, p. 2258.
The company
C. r.AA? A'AS*
'
Kidder, Peabody & Co.
F, S. Moseley & Co..—
Stroud
business
on
The last
this month.
of
under
Corp.—May Sales Increased 12.7%—
—„—
company
UNDERWRITERS—Company has agreed, subject to ICC approval, to
the entire $14,000,000 of bonds of series B to. the several firms
or
corporations listed below:
Sachs
of
Pump Co. below.—V. 167, p. 1588.
Lerner Stores
sell
&
continue
Period End. May 31—
?
stock
\
preferred stock and
6%
preferred stock, $2,000,C00
Goldman.
shall
Link-Belt
been
*
the Louisiana.
of
Boston
close
Exchange
end
and
The
—V.
the completion of the financing there will be pledged under
mortgage all outstanding first mortgage bonds of the Louisi¬
ana ($14,000,000 1st mtge. 4%
bonds, series D) and all the outstanding
stock of the Louisiana consisting of $3,000,000 6%
cumulative prior
The First
the
at
Stock
Lear, Inc.—Acquisition—
See Romec
Upon
stock
Co., Ltd.—Interest—
the
The directors on June 1 extended to June 30 the time for deposit
the voluntary exchange offer to the 7% preferred stockholders.
Deposits of stock in acceptance of the offer have been below expecta¬
tions to date, according to Elmer G. Diefenbach, Chairman who adds:
"It must be stressed that the company is not obliged to put the plan
in effect unless 90% of the 13,200 shares of 7%
preferred stock accept
r
-
$4,768,815 $22,397,894 $21,761,045
the bonds on
Wednesday, June 16, 1948, unless made
for "Cash," shall be ex-interest $10 per $1,000 bond; and
the first
common
'
.
1948—5 Mos.—1947
1948—Month—1947
In
bonds
the
35,959,900
Upon the completion of the proposed financing the aggregate prin¬
cipal amount of outstanding securities will remain unchanged be¬
cause the $14,000,000 of bonds of series B will be substituted for the
promissory notes
E.
2258.
p.
New
The
Sales
company's
of
share
Treasurer.
Payment of interest amounting to $10 per $1,000 bond
June 30,
1948, on the first mortgage income bonds,
14,000,000
9,991,763
1,591,088
21,000,000
with the respective trustees.
non-callable first mort¬
deposited
been
$3,892,000
M*
»'
$0.96
on
1,131,000
April 1, 1950, the mortgage securing which has
bonds due
gage
$0.31
being completed.
now
are
(Secretary!,
does not
include
bonds
Such
$0.44
shs.)_.
$4,619,045
Lautaro Nitrate
include bonds of the company in respect
for the payment of principal and interest to maturity
cash
which
initial
The
$2,330,124
Inc.—May Sales 1.1% Higher—'
sales———
$40,000,000
4% % bonds, series A, due Oct. 1, 1975
2%%
serial notes (bank notes) due semi¬
annually to April 1, 1950—-,.——w__——
—
Promissory notes of the Louisiana, due May 28, 1949Equipment obligations of the company...—
Equipment obligations of the Louisiana—
4% non-cumulative preferred stock
Common stock (no par),.,
table
has
firm
the
panies
,-
.
Period End. May 31—
Promissory
above
$757,066
discovery well was drilled in 1946.
and
Mr.
Donoghue on June 1.
a
1947
:
First mtge.
The
1588.
Net
specifically
IN
OUTSTANDING
(2,433,620
sh.
per
167, p.
contracts
1'V '.-■''fV
LOUISIANA
AND
$1,071,298
in
wells
wells will be tested before
Carter
The
$3,687,145
1,357,021
>
which
to
drilled
Madison
company
outside
.
bonds
equipment
inc.
Net
—V.
securities outstanding
no
income—
Net
under the company's first mortgage, and the Louisiana
in the hands of the public except
will be pledged
—V,
$3,658,587
28,558
•
ident
at their principal amount and
Louisiana bonds will forthwith
notes
$14,000,000 of
The
interest.
be
Dick
2,671
Basin
was
also is drilling a step-out well on adjacent acreage, Itj
which it will halve expenses with Continental Oil Co., except that ia
the event of a dry hole, Carter Oil Co. will pay 20%
of the cost.
(held
accrued
or
4C8,818
$986,468
'6,245
income
Gross
Income
promissory
of
486,407
$1,415,790
The
well
that five
these
of
owned
is
notes
will
1,277,700
1,671,555
Basin, which now are said to be producing at the
barrels a day.
figures do not include any production from the Madison
Elk
in
second
reported
894,246
389,600
Elk
Mackinnie's
by the company and pledged under the company's
first mortgage dated Oct. 1, 1945, has outstanding $14,000,000 of 1%%
its
income
Net operating revenues—.
Other
income—
,
Louisiana & Arkansas Railway, all of whose capital
PURPOSE—The
than Federal
165,929
571,300
taxes
in
16,000
income
formation
A
of
for listing
the bonds on
stock
227,395
income
The
805.977
137,281
221,990
Federal
Mos.,'48
$3,973,738 $16,004,059
7,695,994
1,885,642
$5,619,058
2,696,176
retirements.!
for
for
of
rate
12
1948—3 Mos.—1947
'■«.&_«,„
Monday, June 14, 1948
formation
Co.—Earnings—
revenues
Provision
by
<
<
CHRONICLE
FINANCIAL
expenses
Maintenance
Provision
sale
Commerce Commission.
the Interstate
&
Period Ended March 31—
and
date of
The
COMMERCIAL
THE
(2580)
,
which
County, Wyoming, has
a
operates
9.82%
in
the
Elk
Basin
field
in
Park
interest in 129 wells from the Tensleep
Motor Finance
The
corporation,
Corp.—Borrows $3,000,000 Privately—
it
was
announced June 10, has bor¬
Life Insurance Co. of
rowed $3,000,000 from The Mutual
New York
on
an
will be added to
8-year 3% note.
Proceeds of the loaa
working capital.—V. 164,
p.
148.
;
■
Volume
167
Number 4707
THE
Mt. Vernon-Woodberry Mills, Inc.—Plans Stock
Split
—Declares Dividend of $4 per Share on Common Stock—
The
■■
stockholders
will
vote
June
present S20 par value common
four
$5
value
par
The directors
present
.
shares in
June
on
outstanding!
record
June
9.
15
declared
2
a
proposal
a
dividend
a
stock,
last
split-up
were
$4
June
and Dec.
20, $6.—V. 166, p. 1995.
.
John
(the
the
to
includes
of
the
on
holders
June
Frank
.
<G. C.) Murphy Co.—May Sales 6.77% Higher—
Period End. May 31—
; Sales
$10,445,068
—
In
.
'1948—Month—1947
May,
from
a
dent
1948—5 Mos.—1947
other
director
a
that
President
as
at
the
of
the
of
the
Air
Lines
and
President
are:
Vice-President
and
Actuary;
D.
L.
Ri
of
Puget
John
J.
Sound
trustee
for
V.
p.
167,
Trust
$30,000,000
Co., New York, N.
3%
2362.
debentures
due
Y.,
has, been
is
1970.
For
offering,
see
Period End. May 31—
—V.
the
25
C.
Ohlandt
$9,953,577
capitalized
SEC
covering
of
names
Proceeds
June
be
used
Co.
to
will
shares
of
fund
stock
Iroquois
statement
debentures,
due
with
1973.
Gas
par), and to purchase
Corp.—V. 167, p. 2033.
.'to
company
2,500
be
offered
maker,
of
at
Inc.,
Proceeds
June
on
shares
$100
and
will
be
filed
1
6%
for
of
notification
preferred
share.
per
48,500
Hughes
with
&
the
Blyth & Co., Inc.
SEC
Martin
from
165,
$41
will
shut
be
down
V
Witt
for
annual
Division
vacation
Period End. May 31—
1948—Month—1947
$1,203,413
—V.
167, p. 2033.
Y/Y
$4,851,677
On
period
—V.
June
on
declared
8
special
a
dividend
of
$8.75
which
167,
brought
3148.
p.
total
payments
in
1947
to
$37.50
;.sV'Y*;*
C
;
:
1
Pacific Gas & Electric
The
$4,876,902
company
June
cn
filed
4
1,000,000
shares
•preferred
stock
($25
par).
Proceeds
will
loans and finance further construction.-
be
of
per
the
the
used
to
was
The
and
struct
after
.TV-'Y
.■ OV1--'
-"'.Y'Y ' —4 Weeks Ended—
'
:-xY:.vY. ; ; May 22. '48 May 17, '47
v'
Sales
Y'
—20 Weeks Ended—
May 22,'48
The company on May
22, 1948 had 683 stores in
With 671 at May. 17, 1S47.—V.
167, p. 2033.
Gross
j
■
Y
;
•
"The
has called for
company
redemption
Mainten., oper.
on
Net
Period End.
Net
^
May 3i—
Inc.-—May Sales 3.14% Higher—
v " 1948—Month—1947
sales
—v.
$4,211,252
167,
2033:
p.
For
of
t
the
ended
June
■^Special
ago,:
year
Gas
■;Y,' :Y; YY''
output
for
ft. This is
cu.
tion
of
—V.
167,
the
&
131.583.000
ended
ft.
cu.
kwh
of
for
electric output
kwh, or 15.18%
199,298
June
the
3,226.060
for
the
Is
4
corresponding
reported
ft.,
cu.
or
2.45%
corresponding
<
1
dircount
&
week
year
company
on
stock—13,434,799
common
June
asked
4
on
June
8
covering
S6,000,000 first
underwriters
will
be
—V.
Ib7,
be
^ 2,669,482
3,549,035
3,747.891
:&:-si$2AO
$2.57
$2.60
share—
common
'—Vi.
"
•
'
V
'
used
filed
Co.—Registers with SEC—
Operating
a
determined
construction
competitive
bidding.
improvement of property.
•' ?
'
-
expenses
Net
for
retirements
operating
Other
1948
income
8,422,580
•
revenue
'' "
•
■'
•
-
1946
7,954,051
.
.
:
,;Y New York Central RR.—Orders New Equipment—YY/!
As
an
company
air
advanced
Gustav
the
order
Mo.
This
liveries
has
are
lighting,
President
been
involves
placed
to
la'ie
automatic
provide
making
with
the
apj rexpenditure
expected
New York
■
fluorescent
technical" features
Metzman,
next
the
St.
of
temperature
smoother
Car
today, said
of St. Louis,
$3,000,000. De¬
year.—V.
167,
2363. ;
p.
The
ort
directors
the
common
have
stock,
Distributions
of
last,
March
and
1947.
on
year-end
a
50
of
a
Y' Yv>'Y V.
payable June 26
cents
each
29; Jure
$1.30
was
to
oa
»nd
28
60
holders
made
were
of
Sept. 27,
paid.—V. 165, p.
cents
of
Jan,
5
and
while
J- 'Kew York State Electric
Period End. March 31—
Operating
& Gas
June
■
;
4,
s
v
Holders
close
the
Corp.
Oper. exps. (other than
shown below)—
Electricity and gas purphased for resale
Maintenance
'/.U:
-■
■3,216,289
13,545,261
The
the
3,082,546
2,246,016
734,082
653,785
940,676 >: Y
—:
9,426,377
3,151,937
892,287
3,660,616
Prov. for deprec, of ufcll-
7,667,596
3,246,790
2,603,482
A
j
at
$10
per, share
effecting
said
the-company
SEC
of
Act;
that,
the
and
one-half
for
16,
in
tc
adviised
view
by
of
for
aggre¬
the
of
had
all
May 20,
extraord.
reduc.)
taxes—
the
fact
1947,
Other
572.000
550,000
1,695.000
1.809.000
995,554
3,953,463
3,549,685
$1,703,358
$1,873,623
$6,468,352
stock
of
$30,680
has
New
592
5,569
investors
to
and
for
20,
made
purchasing
right to rescind
a
and
be
of
to
returned
of
pubPc
their
investors
1,081
the
canceled
aggregate
total
income-
election
the
above
efh of
the
contingent
ntifclic
l'ab'lity
investors
who
of
$30,680
acamred
Gross
Income
'
Income
Net
$1,703,663
418,410
525,796
$6,475,921
1,901,083
$1,285,253
$1,348,419
$4,572,838
deductions—
income—
$1,874,215
and
June
surrender their
shares
to
the office
of
the coippany
5, 1948.
Poke my & Co., the underwriter of this
issue, has" agreed
to
guarantee
sufficient
funds
to
redeem
any
shares presented by
public investors as a
result
of
the
recision
offer.
Any shares so
acquired will be deemed to have been purchased for the
account
to
Converse.
v
of
the
$10
underwriter.
share
per
offering for
The
underwriter
shares
any
the
167,
offer
may
acquired
so
company.—V.
(J. C.) Penney Co.
after
the
to
the
Chase
National
$4,625,976
Bank
pointed
of
'
the
City of
1
1948—Month—1947
•'
"
Sales
$
w,
—V.
167,
1948—5
$
69,382,438
——
$
Mos.—1047
$,'••.
61,678,595 290,407,112 262,919,918
2260.
p.
1,337,257
1,337,257
underwriting
I
Inc. and Lehman Brothers
Pennsylvania
Cr20,980
1,337,257
i'-.v.'/-.
95
125
RR.
group
Equipment Trusts Offered—Ah
headed by Harriman Ripley & ,Co.,
—
tificates
$1,895,569
$4.31
$4.18
■
■
$9,312,645
share
~
ww—
I
$7,940 041
97
$5.17
$7,721,462
were
reoffered by the group, subject to ICC
authorization, at prices to yield 1.40% to 2.70%, ac¬
cording to maturity.
E. H. Rollins & Sons Incorporated
associated in the offering.
was
.V-
shares
June 15
on
$100
per
share
and
for
have
for
six
each
first
Co.—Rights—
shares
common
shall
share,
the
($100
>
v
the
at
subscribe
shares
be
ori
or
to
47
common
declared
payable
was
dividend
a
June
made
21
on
to
Dec.
25
of
cents
holders
10,
of
1947,
per
Fecord
the
share
June
only
on
h.p.
11.
sale
Ph'ladelnVa
of
$31,710,000
plan,
trust
registrar of
the
4.50% - cumulative
par value.
For offering, see V. 167, p. 2471.
preferred
been
stock,
ap¬
$100
the
are
certificates,
,
rt1eenl-electr'c
Stuart & Co.,
h.p.
gondola
T60
switching
cars.
awarded
on
Salomon
were:
h.p.
switching
locomotives;
bid
of
switching
locomottves;. 90
covered
hopper
4:
'
.,
a
300
99.05.
Bros.-M. F^tzler
.
Other
99.69
bids
for
received
2V8s;
at
Halsey,
Inc., 99.4399 for 2yas; The First Boston .Corp., 99.59 for
'■■■■•
4'
;
Y'\.
....
r.--r,
;
payment
.
1,000
cars,, and 2,000
The issue was
t>>e
issue
=*•
•
the
14 diesel-electric -2,000 h.p. passenger
locomotives;
1,500
h.p.
freight
locomotives;
12
diesel-electric
switching locomotives: 22 diesel-electric 600 h.p.
JoromoHvefi:
Airways Corp.—To Pay 25-Cent Div.--
have
under
proposed
a
aggregate-principal amount of these certificates will
finance not more'than 80% of the total cost, estimated
$39,637,500, of
diesel-electric
2.000
issued
of
The
,issued to
at
par),
'
•
U.
series
of .record
right to
common
certlf'cates,
instalment
•
.
preferred shares and/or
167, p. 2472.
borrowed
corporation
$16
'
•
FOR
:
April—
•
certain
an
banks
additional
dated
$4
Gross
million under the
Oct.
2,
1946, and on
million of notes outstanding.—V. 167, p. 2364.
..
APRIL
AND
1949
.
FIRST
FOUR
1947
MONTHS
"1946
credit
May
31
Net
Net
1945
<
from
railway
$72,918,869 $73,539,703 $60,544,163 $84,671,818
from railway———
6,140,008
8,649,089
2,228.695
21,467.273
ry. oper. income-,:•2,089,673
1,930,242
•1,783,265
12,804,273
From Jan. 1—
Gross
Pan American Petroleum Corp.
See Root Petroleum Co. below.-
(Calif.)—Offer—
from
Net
from
Net
r
ry.
railway—
company
2,000
on
shares
at
100
Indianapolis.
of
5%
and
cost
a
letter of
convertible
interest.*
Proceeds
loan, | construction
remainder for
May 27 filed
will
o*
be
an
working capital.
notification
sinking
fund
Underwriter—Citv
used
to
pay
addition
to
in
with
the
debentures
Securities
SEC
to
be
Com.
outstanding bank
present plant and the
full
,
„
railway
oper.
„
income—
•Deficit.—V.
The
offered
has
at
the
Cr39,403
1,960,505
.
York
of
■■
with
for
_
New
public
completion
2364.
p.
May Sales Rose 12.49%—
Period End. May 31—
Paper Art Co., Inc., Indianapolis—Files with SEC—
Registrar Appointed—.
The
$6,586,481
the
Shares
$2,114,148
stock,
agreement
were
$39,390).
1,000,000
distribution
there
Operating
preferred-
of
4,825,893
one
-
Other income
of
violation
m
amount.
1,412,304
Increases Bank Loans—
The
com-
1947, the opportunity of rescinding their
purchases
their money back provided they give notice of such
receiving
prior
that
eliminate
is orferinor
May
that-year.
4,921
:
14,
York
the
investors
have
sold
shares
(part
1.394,555
$6,581,560
305
1,060.321
May
on
that
non-resident
been
public
securities
company
and 1,987
Crl07,586
'
—
the
transactions
*
of
an
company
Act of 1933
the
public vinvestors,
company's
and
shares
cash
•
1947,
total
share
1946
.transactions.-the
were
result,
a
smce
f
common
a
As
shares
EARNINGS
ity' plant
ii'
/ Federal Inc. t«xes (excl.
••
stock
common
1,000.000
at
directors
similar
9,000 shs.
20,000 shs.
4,825,893
preferred
held.—V.
common
Authorized
——„_u;—
1,000,000
Pan American
11,645,064
to
the
of
May 20,
diesel-electric
^
3,699,975
of
oi
4,825,893
common
7
of
authorization
stockholders'
surplus—$3,486,752
1948—12 Mos.- -1947
revenues—$11,792,958 $10,427,554 $41,901,006 $37,
103,177
»f
extent
shares
of
July
remaining
purchase
.
won the award June 9 of
$11,055,000 2%% equipment trust certificates series U due
$737,000 annually July 1, 1949-1963, inclusive.
The cer¬
business
of
of
of
above
order
The
^
in
,
.
1,825,649
Pacific Telephone & Telegraph
27,
Jan,
A
made, certain- sales
for
after
16.
March
on
of -class
Cr302,243
preferred stock——
common
stock———-to
per
Monies
years.
However,
the
public
and
—v. 167, p. 2034.
1458.r
1948—3 Mos.—1947
on
Remainder
before
.
premium
share
per
record
1947,
on
Dividends
Mining Co.—Declares
dividend
net
Applic. to Pacific Lighting Corp.Dividends
Earnings
declared
of
;£
7,963,659
Co.
Larger Dividend—:
'
of
stock
to
'
$12,152,417 $10,564,393 $10,431,715
expense of funded debt———
Preferred stock divs. of subsidiaries
Common stock, minority interest
i
YYY
announcement
Louis
approximately
& Honduras Rosaria
Amortization
control
riding.
income
Interest on funded debt——
i
,i
Other interest
(net)—a——————
initial step in its newest suburban service
modernizaztion, this
has ordered 30 :new electric-powered commutation cars with
conditioning,
and
Total
the
•
company from t}ie
of
25%
down
and
by company
working capital.
to
\
con¬
the .charter
Prior
Securities
shares
•
Y'
to
Therefore, in view of the foregoing, the company is*
contingently liable
$10,340,472 $10,123,054
155,695 :.)■■■223,921
'308,662
;
FCC
the
used
to
"
officers
had
Since
——^ $11,996,722
(net)-——-
three
of
not
t.
payable joiily
the
$10)——,
(par
preferred .stock
their purchase
purchase price.
' / '
'
1947
$82,185,470 $69,665,834 $65,443,143
47,890,983
37,111,686
30.353,305
13,875,185
14.259.625
17,003,126
______—_
Provision
through
and
1
'J,
revenue
and
added
by
terms
$10)_—__
share
Office
companv
COMPARATIVE INCOME ACCOUNT
Taxes
registration statement with the SEC
mortgage bonds, due 1978.
The names of
for
"
•
period
be
to
$39,390.
the
any
on
operating
purchased
favorable
Pennsylvania, all of the above transactions
Corp.—Secondary Offering—Blyth &
12 Months Ended March 31—
be
very
a
*
stock
stock.
the
pany
of
June 3 effected a secondary distribution of
9,000 shares of common stock (no par) at $53.25 per
share. </•■::"PUin1
/-«>iitr\.■■is...-,•
,-
2363.
p.
12,522,548
-J
per
Co., Inc.
SEC
New Jersey Power & Light
will
12,522,548,
-
will
issue
will
(par
one-half
Regional
8.430,855
I
be
by
not consider the application of the Federal
Securities
that it had heen advised, by the. tlien counsel
that the
not come within the purview
of that Act.
■1948.
i
24,701,294
8,430,856
stock
shall
permit
a
<
on
over
amendment
of
In
Gross
the
24,502,439
8,430,857,
preferred
bfe
<
subscription
granted
:
-
,
Proceeds
11,105.907
10,347,491
24.535,138
—^
on
Pacific Lighting
on
company
<,9,855,077
did
ago,
authority to sell at competitive
$11,000,000 first mortgage bonds, series B, due 1978, „ the
proceeds to be used to purchase the utility assets of Bellows Falls
Hydro-Electric Corp.—V. 167, pp. 2470, 2033.
>
*
The
in
^
reduction in Federal taxes on income arising from
refunding tperations, etc<
tOn the average of 6,717,399 shares
outstanding during the period, or $2.29 per share on 7,024,606 shares
outstanding at March 31, 1948.—V. 167, p. 2260. '
bidding
.
/
Co.
common
common
gate
46,154,692
•
the
is
station,
entire
•i now-canceled
bond
?
134,809.000
a
34,357,516
/
;
Balance
2470.
p.
inc.-
of
of
Company sold to over 100- individuals, between Feb.
May 7, 1948, 1;658 shares of common stock and
2,281
361,502
'.
to
v.
company.
90%
equipment
stock
A
into
or
of
;
..""Equivalent, to
a
•
34,737,271
.--—
other
10,202,133
income
Earned
above produc¬
W* Nbw England Power Co.—To Issue Bonds—
The
week
YJ.-' /'Y>'
at
45,793,190
.i
•
Net
Dividends
reports
/YCY YYYY'-' /]■'.:
■
week
increase of
an
increase
33,974,603
charges
-
$4,082,965 $19,326,696 $17,061,002
this Association
4,
kwh. This is an
production of
13,125,501
above
v:Y
week
34,659,080
,382,913
station
„
22,399,076
35,497,998
,
applicatibh
an
provided that each share of old
5%
non-cumulative preferred stock
(2,281 shares)
was
reclassified,
-at the election of the
holder, into one share of class A common stock
•
58,460,948^
24,939,769
283,589
the
payable
The
76,784,213
134,453,682
deductions
,
i'--
13,324.799
'
income
l: New England Gas & Electric Association—Output—
OvO'V.'''Wk
,*
;
revenues—
working
"
■
Class
189,932,206 171,196,583 161,312,294
'v.:-;w-•
' 1 ^
expenses,
income
Dividends
:
admin,
&
the
company
equipment
Common
1946
did
Gross
1948—5 Mos.—1947
Y\YY?
revenues
operating
Miscellaneous
York, trustee, 120 Broadway, New York, N. Y.—V. 167, p. 1925.
Neisner Brothers,
i'
-
company's
in¬
10, 1947, the company amended its charter which provided that
capitalization of the company be increased to $290,000 as follows:
"V.
I
prov.
Bond.,int.
YY"
1947
for Ins., casualties, unaccounts and pensions- 98,613,160
'Prov, for dcpreck and amortization". 22^753,911
• / Taxes (incl. Fed.-taxes on income) " 34,111,453
July 8, next, $75,000 of
sinking fund debentures due Oct. 1,. I960, at 106 and
Payment will be made at The Marine Midland Trust Co. of
interest.
Y
1948
collectible
15-year 4V* (/c
New
operating
and
National Vulcanized Fibre Co.—Partial
Redemption—
iYY/'
■
operation, compared
/YY/ Y^^'Y^Y' ^Y
Y;;#
'
;
May 17,'47
„—-Y- $20,564,416 $16,133,644 $103,485,012 $76,645,699
u;;:
12 Months to March 31—
^
the
to
preparation and presentation of
to
construct
a
television
CAPITALIZATION—Pursuant
bank
ACCOUNT
was
and
permit
and
the
Electric
sale
needed
May
INCOME
to
a
remaining
if
of
first
the
CONSOLIDATED
for
television
a
Most
•
:YYYY;'Y
yrtll be added
following manner:
the
incidental
underwriter
General
retire
WFMZ,
promoters
in
(2)
,
National Tea Co., Chicago—Current Sales
Up 27.4%—
,
to
when
18.
,
redeemable
Station
Th6
conjunction with radio station WFMZ.
The 10% of the
total subscription shall be paid in upon
acceptance of subscription by
•
•-*
Radio
as
1946.
ex-servicemen.
10%
($12,600) of the proceeds will be used by the
coder general operating costs of the present FM statioii
FCC
operated
Co.—Registers with SEC—
: •
as a
first
costs
the
balance
'Y^Y;'
inbome
state
($10 par), and one share
The price per unit is $70.
speculation.
proceeds
in
use
The
company
to
share.
per
five
were
for
(1)
Boston—Special Dividend
the
regular quarterly dividend of $5 per share on
stock,
both payable'July 1 to holders of record June
23, last year a special distribution of $17.50 per share
Dec.
made,
^
Y. YY.YY^V :/V,yYY'Y
^
capital
and
and
capital
and
1948—5 Mos—1947
•
$1,307,699
directors
share
Closings—
Gauge
July 2 to July 19, 1S48, it is announced.—V, 167, p. 944.
Sales
May 27 effected a secondary disshares of common stock (no par) at
Old Colony Insurance Co.,
offered
are
PURPOSE—Net
share.—V. 159, p. 218.
per
($10 par).
COMPANY—Company, better known
incorporated in Pennsylvania,* Feb. 6,
Secondary Offering—
—
•
Co., AILentown, Pa.—Stocks
stock
common
stock
common
These shares
r,
W'/'
2673.
p.
National Shirt Shops of Delaware, Inc.—Sales—
■
fif®'
Motors Division
its
of
on
tribution of 2,000
'
<■■■
and
(Del.)—Weekly Output—
Engineering Co.
$0.97
.
Penn-AUen Broadcasting
655.
p.
1947
$1,419,226
$2.51
—
charges and provisions for Federal and
preferred dividends.—'V. 167, p. 1474.
tAfter
corporators
series A of 1948,
Kiser, Cohn & ShuInc., Indianapolis.
Cooker Co.—Vacation
this company
167,
all
1948
——
share
common
Offered—Converse, Pokorny & Co., Allentown, Pa., are
offering 2,000 units of stock, each unit consisting of six
Co.,
working capital.—V.
National Pressure
The three plants of
•After
taxes.
YEARS
$2,400,886
...
i——
per
FISCAL
FOR
Co.—Secondary Of¬
Electric
The
Y
I
Service
Income
tEarnings
.
stock,
Underwriters:
Raffenspergef,
used
letter
a
cumulative
"Net
$41,606,806
.
RESULTS
Years Ended April 30—
1948—5 Mos.—1947
,
output of'this'company fbr the 1;week ended June 5, 1948,
totaled
35,901,000 kwh., as compared with 50,391,000 kwh. for the
corresponding week last year, an Increase of 10.9%.—V, 167, p. 2471.
National Homes Corp., Lafayette, Ind.—Files with SEC
The
for
;
States Power Co.
Northwest
<;
,
CONSOLIDATED
shares class A
Y
by competitive bidding.
additional shares of United
320,000
.
on June 2 effected a secondary
distribution of 8,000 shares of common stock
(no par)
at $17.50 per share.—V.
Northern
The
($25
Northern Indiana Public
:
the
determined
be
purchase
common
registration
a
sinking
underwriters
Gas
additional
filed
4
$13,500,000
the
will
Natural
;
-
167, P- 851.
fering—Blyth & Co., Inc.
:
National Fuel Gas Co., N. Y.—Registers with SEC—
company. on
insurance
•
v
-
The
Peabody Coal Co.—Secondary Offering—A. C. Allyn &
Co., Inc., Cruttenden & Co. and. William R. Staats Co,
on June 1 offered
35,000 shares of 5% convertible prior
preferred stock (par $25) at $24 per share.
This is not
a new issue.
The offering was oversubscribed
r
life
$3,671,979 $44,040,009
.
has
joined this corporation as Sales Manager of the
Monopoly State Division. For the past several years he has been a
Vice-President of Schenley
Distillers Corp. and prior to that was
President of Grocery Stores Products Co. of New York—V. 167,
p. 2363.
»
J.
\
largest
167, p. 2259.
National Distillers Products Corp.—New Sales Mgr.—
B.
additional
ex
the additional
interest payment on June
28, 1948.
The
will continue to be -dealt in "and
interest"
to
the extent of
the fixed interest payable at the annual rate of 3% —V.
166, p. 2562.
Russell C. Burton,«Vice-Presi¬
Vice-President and Comptroller;
1948—Month—1947
1
'
that
fixed
bonds
operating in the United States. Its headquarters, are
,in
Wash., in the New World Life Building owned by the com¬
Sales
,
fact
the
bonds
(J. J.) Newberry Co.—May Sales Increased 14.8%—
Y
the
to
Treasurer;
McGinnis,
of
one
of
addition
will be paid on July
Seattle-First
Light Co.
President; Edward
view
interest of $5 per $1,000 bond,
semi-annual interest of $15 per
$1,000 bond,
1, 1548, to holders of the first mortgage leasehold
sinking fund bonds, due July 1,-1964, upon surrender of coupon No. 22
maturing July 1, 1943, the New York Curb Exchange will quote these
board
companies
appointed
-
The
13
(The) Park-Lexington Co., Inc., N. Y.—Interest-
in
&
Carmody, Legal Counsel.
company
Seattle,
,
.
Manufacturers
(2581)
in
Henry
Association
the
Power
Cadigan,
National Dairy Products Corp.—Trustee Appointed—
The
of
Picture
pany. Assets are said to be close to $20,000,000.—V.
/
meeting of
firm
board.
Motion
United
of
recent
a
of
member
a
President
directors
John
This
1948, the company had 209 stores in operation, unchanged
before.—V. 167, p. 2032.
Johnston,
and
announced
Brodqrick,
elected
was
McLaughlin,
and
and
'
$9,783,002 $46,709,540 $41,142,787
year
CHRONICLE
Bank; Benjamin H. Kizer, of the firm of
Graves, Kizer &
director-of the China Office of U.N.R.R.A., 1944-1946; and
O'Shea,
4
Henry
Inc.,
America
Graves,
The
*
Cadigan, President,
Eric
National
of
$2;
20,
J.
directors,
Broderick,
,
share
per
19
follows:
as
FINANCIAL
.
by issuing
*
&
New World Life Insurance Co.—New
Director—
share held.
of
payable
year
to
four-for-one basis,
exchange for each
common
Payments
on
on
stock
COMMERCIAL
167,
302,513,683 285,150.148 258.637,688 323.844,84
31,211.082
32.0°8.503
19,184.626
72,296,97
347,038
5,206,878
2,990,093
39,150,49
2364.
p.
•
/
•
V-.\
Peoples Drug Stores, Inc.—May Sales Lower—
Period End. May 31—
SalesIn
with
May,
135 in
1948—Month—1947
$3,781,503
-
1948,
the
the
same
companv
had
$3,885,069
138
stores
month last year.—V.
1°48—5 Mos.—1947
$18,241,905 $18,491/722
in
operation, compared
167, p. 2260.
,
..
r.
*
»
14
The
for
will
Proceeds
used to retire notes,
(Bottling Co. of Greenwood,
be
wholly owned subsidiary
purchase equipment and supplies.—V\ 163,
It
It
Miss.), and
metal
the
Another
on June 9 filed a registration statement with the
600,000 shares of capital stock to be offered through
an
underwriting group headed by The First Boston Co.- and Dean
Witter & Co.
The company expects to realize $5,000,000 fi-om the
stock sale, although the price is to be announced by amendment to
the
registration.
Currently, company has 4,000,000 capital shares
($1 par) authorized and 2,000,000 shares outstanding, to which the
The
SEC
company
an
company
/
-
April
ment
*
The
increased requirements of aluminum
Sept.
general
shares
-
or
on
bonds,
mortgage
2472,-
p.
Equipment Issue—
,
Philadelphia Electric Co:—Weekly Output—
electric
The
ended
week
of- 1,894,000
~V. 167, p.
kwh., or
L,
•
•
•
thereafter
share
Sept.
through
and
30,
1952;
at" $5.07
1953;
thereafter and through Sept. 30.
1954; at $6 per share
-thereafter and through Sept. 30.
1S55; at $6.33 per share thereafter^
and through Sept. 30, 1956; at $6.67 per share thereafter and through
beu'. 30. 1957Lal $7 per share thereafter and through 8ept. 30; 1958; %
share
"
and
'
at
$7.33
the
of
the purchase of
for
share
per
insurance
issues
.
after Oct.
aris®
in
stock
stork,
amounts
issued
results
company
of »eommon
such
to
equal
to' others
as
Adjustment of the option
1958.
1,
<
l/'9th
the
of
cash,
for
in the event of certain kinds of
stock dividends.
Additional options
shares of common
of
number
securities
of
conversion
on
or
into common stock.
avertible
,
,
Under
Mass.—Files with SEC /.
Riley Stoker Corpif Worcester,
National
of
Bank
the
City
terms
the
poration
of
.
con-
;
.
underwriting
an
the "Underwriters,
and
-
.
the
,
,
been
value.—V. 167,
■;
.
*
,
has
York
New
of
-
•
f.
Co.—Tr. Agent—
appointed-transfer agent of the common stock, $1 par
1926.
per
$5.33
per
,
'
Philadelphia & Reading Coal & Iron
p.
to
>.
agreement between the coecorporation has- granted to the "
underwriters, at their request and without cost to them, options to v ;
The company on June 3 filed a letter of notification with the SEC
purchase from the corporation at any time at $4.55 per share on
for 7,000 shares ($3 par) common stock, to be offered at' $11% per
v of-before Sept'. 30. 1950,' and at $5 per share thereafter and or orr
share.
Underwriter, Hanrahan & Co.—V. 159;-* p/642;;'V «'•' ' •
,v »t
:• * -t> '•, > ~K y -before Sept; 30, 1953, any part or all of the number of shares of the
> corporation's
common
stock set opposite their respective names in Romec Pump Co;, Elyria, O.—Sale of Assets— 't J C; $ •' the table contained below.
If the number of outstanding shares of
;
common stock is increased by *tdck dividend or split-up, the option > "
/The stockholders on May 24 approved am offer.?-of . Lear, Inc., to
r ,ratio
and prices are to be adjusted accordingly.
To the extent' that*/,'
acquire all the property, assets, goodwill and'name pt the. Romec firm
such
opt'orte to
underwriters are exercised
and the stock issued %
for 270,108 shares of Lear comrfioh stock, wh'Cli .'will be issued-in ex¬
thereon-is sold at a profit, such profit -may be deemed additional> '
change for Romec stock on the basis of l?®. shares of Lear stock for
•.
i "y '
each Romec share-held.
^*,
.<>/•-! /.•underwriting, commission:.*,., ,
The stockholders at'a special meeting approved a proposal* of ,Lear, V
'/ f UNDERWRITERS—The names pL the underwr'ters/and the fespec%] ;
an
2472.
1
Chase
which • the" loan is repaid in fuH,
purchase all or any part of 84.375
on
'
,
increase
1.3%, over the corresponding week of last year.
kwh.,
129,058,000
to
*
The
>
for the
subsidiaries
its
and
company
amounted
1948
5,
June
this
of
output
be
at $5 per share thereafter and through Sept; 30,
1951;
at
$2,400,000 equipment trust certificates will
be received at office of R. S. Wood. Treasurer, Room 501, Transporta¬
tion Building, 201 W. Broad Street, Richmond, Va., up to noon (EST)
June 22.—V.. 167,.- p.
2364.
,,
•,
:, v. „/. :i;% ,.v-v /
Bids
■
.
shall
corporation's ($1 nan common stock at $4,33 per share
before Sept. 30, 1950; at $4.67 per share thereafter and through
Sept. 30,
Fredericksburg' & Potomac RR.—Bids' for
Richmond
'
:
date
later,
the
or
date
the
of
'
Building,
Station
Street
the corporation
1957,
30,
whichever
military
office
at
22
June
Invitations for bids to be received up to
of Geo. H. Pabst, Jr... Vice-President,
Philadelphia, for $17,570,000 In
series F, maturing May 1, 1979.—V. 167,
issued
has
company
<EDT>
Broad
1811
OPTIONS—Under the terms of the loan agreeand New England Mutual Life Insurance
PURCHASE
between
,
noon
-
the corporation granted to the insurance company, at its request
and
without cost-to-it, an option exercisable
up to and including
„
Bonds—
principal amount
the
in
Co.,
aircraft, the shortage created irt operations- of Reynolds
company is particularly acute,
Mr. Reynolds said. "
Inventories are low in plants of all aluminum consuming indus¬
tries.
It has been necessary for Reynolds tb. allocate; aluminum, it
was
explained/since a drought in the Tennessee. Valley. Authority
Area
last
autumn
curtailed production as a result , of diminished
electric power.—V. 167, p. 473,
'
RR.—Bids for
Philadelphia Baltimore & Washington
notes
company
l
STOCK
company
Coming at a time when there- Is
for
serial
insurance
than
from
and Oct. 1 in each of the years 1950 to 1959
The"loan agreement also provides that on April 1. 1951, and
,
produces approximately 30% of the aluminum manu¬
factured in the United States.
Its customers have been notified of
the drastic cut in production caused by the flood, and advised that
deliveries will have to be curtailed accordingly. ^
This
added!—V. 166, p. 1996.
proposed offering of 600,000 shares will be
13%.
additional
covering
borrowed
it
4j/2 %
on
at Longview,
of this plant
located
plant,
ingot
aluminum
company
the corporation entered
Life Insurance Co, under
$750,000 on its 20
of $37,500 each, payable *
inclusive.
annually
thereafter 20%. of the corporation's consolidated net income for the
preceding fiscal year in excess of $325,000, but not more than $50,000
in any one year,' is to" be paid on account of principal of the notes.
'
and
v
Wash,, was also endangered by the'flood.
The closing
would
decrease
the production
of aluminum of this
Corp.—Registers With SEC—
Permanente Metals
low
the
attain
to
SERIAL
into an
wh'ch
an
in
is
to- vapor
NOTE3—On Dec. 1. 1947.
agreement with New England Mutual
4%%
,
weeks are required to restore
after it has once closed down
several
ingot plant to operation
freezes in the pots.
aluminum
p. 3143.
regulator
'
capacity of 144,000,000 pounds per year.
plant has an annual
was
explained that
liquid
from
top of the storage tank and
the
-
the form of vapor. The transformaaccomplished by taking the gas from
passing it through a pressure reducing
pressure desired.
-j
at-low pressure and
used;
tion
"
announced
was
The
of this company at Trout-
plant
ingot
is idle as a result of the destructive flood in the Pacific
reducing Reynolds production of aluminum nearly ,40
on
June 9 by David P. Reynolds, Vice-President.
Ore.,
Northwest,
$5 per
& Co.,
to purchase stock
share*
Memphis.
to
dale,
the SEC
letter of notification with
a
($1 par) common stock, to be oflered at
Underwriters, Leftwlch and Ross and Bulllngton Schas
share.
of
filed
on June 1
company
58,000
be
„
aluminum
$43,000,000
The
SEC—
Monday, June 14, 1948
t
Cuts-Production—
Reynolds Metals Co4—Flood
Tenn.—Files with
Pepsi-Cola Bottling Co. of Memphis,
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(2582)
: ■
-
Philco Corp.—New
President, Etc.—
♦
%
Vice-President,
has been elected
President, succeeding John Ba'lantyne, who has been named Chairman
of the board
to replace Larry E.
Gubb who declined reelection be¬
Wjlliam
of
cause
Executive
Balderston;
—V.
167,
for
2035.
p.
V.
1
"
..
of
shillings,
per
date
subscribing
to
in
share
holders
•;
ratio
of
subscriptions will
.
.
June
H.
-
"
The
Curb
offering
Exchange
9.—V.
June
quoted the American shares ex the subscription
167,
p.
of
crease
9.2%
167,
2472.
p.
J.
to
p.
j'
292.
1947.—V.
'."•■
5
York.
In
New
p.
is
This
2214.
the
at
same
rate
Electric
v
/;
1
include, in
.(1)
...
N.
,v.
the
.
full
National; .Bank
Commercial
to
and
for
additional
accessories;
and
deUyeiYr,equiphii^^
trucks and
(c)rtank
Prov.
The-erection
of
storage plant, .at.*or
bulk
a
Public
and
will
Service
Electric and Gas Cos—To Sell Pfd.—
company
on
June
8
asked SEC permission to sell- 200.000
of
cumulative preferred stock.
Dividend rate, offering price
underwriting
will- follow
terms
berused to finance
competitive
bidding.
CAPITALIZATION
GIVING
w4'/2%,
3 Va %
serial
cum,
stock
Preferred
Puget Sound Power & Light Co.—Secondary Offering
—-Blyth & Go.,, Inc. on May 28 effected a secondary dis¬
tribution of 5,000 shares of common stock (par $10) at
$750,000,
notes—
pfd.
conv,
($50
stock
share.
per
Common
by
(par
$li
20%
Mutual
April
Life
1950.
1,
..
April,, 1(
>
for
income;
Operating
fiscal
preceding
the
in excess of $325,000, but not more than , $50,000, in r any one
is also to be paid on account of principal of. the notes,
t202,500 shares of common stock, plus such indeterminate additional
11,763.042
954,047
145,833
taxes
133,267'
144.000
1,885,000
17)1049
__
327,862
292,035
revenues...
$538,549
$554,007
inc. deduct's (net)
2,968
of
the
have
1^797,811
shares
as
may be required
to cover
ratio-and of the options, are
conversion
been:
reserved
conversion
lor
ol.
•'
'
19.162.-
$293,579
-
-$266,090 /
$55,587
$1-10,403
/ / ; 6.131
'' 46364
%"/ 13.494
/ "152,138
109.422
$170,662
$57,907^
./
7: declared, a
June
on
of 30 Cents yv
regular
Okla.—Registers with SEC//
Savoy Oil Co., Inc., Tulsa,
registration statement with the
/
SEC/covering 150,000'common shares (25c par). Stockholders are-to,/
be given rights to subscribe to 100,000 new shares at the rate of twothirds of-a share for each shaxe held;
The other 50,000 shares will
,•
i
company
issued
be
officers
to
8*.filed
June
on
a
and'others1 upon
the exercise of
of
shares,
options
165.000
granted
reserved
are
the
to
possible adjustments '
Of
underwriters.
conversion
for
An
warrants.
/unspecified number of slmres may or may not be offered for sale to.-/
/the" public.,, The®-.price will be filed by amendment.
Proceeds will /
//be added to the general funds of the company./ There are no under- ,
/ writers.—V.'' 167/ p." 51./
f./' r-[
//>/?>
being registered 'and-. ^
preferred- stock and the
the
.'
»
.
14,349
•
Schuyler-Wilson Co;, San Francisco—Files
with SEC—
v' The company cn May 26 filed a letter "of"notification with the
/ covering. ; 15,000 shares of ($10 par> preferred- A stock, (with
.
exercise
1,536,010
1',971,000
3,581,834
of
number
10,121.008
2,144.073
1,638,33S-
113,000
income
on
„
7
213,573
____
Federal taxes
Other
$27,903,'407 $25,491,932
1,194.335
_____
Depreciation
year,
1948^—12 Mos.—1047
___
Maintenance
ACCOUNT
$2,533,157 1 $2,248,-405
revenues..:..
Operation
INCOME
1948—Month—1947
6,359
37,932
taxes
29.23L
,
$437,391
$99,879
•
income
directors
The
seflol-'
1951 jand tannually
year
COMPARATIVE
Period End. Mar. 31—
$06,053
i 55.013 '
quarterly dividend, of ^ :
40 cents per share and an extra dividend of 30 cents per share on the
common
stock, both payable July / to holders of, record June' 19. /'
•
J 750.000 sh's.
Co;-. $3X500 >due.
Ins.
On
consolidated. net
of
:'15,000 shs.
' ; »"#
.i
-
New-England
beginning
thereafter
>
*
stock
^Held
annually,
$382,378// $264,348
,
/
.>
Similar payments were made on April 1, last—V, 167, p. 889i; .-•//;////,■
f
5 J
V.-) $750:000i
51000 shs./
12,000,000 shs./.
par»__
249,316
$91,933:-.
income
The
Outstanding
15!000 sbis.'
($50T par)
-
$11%
'
Authorized
-j/
company's business,—V,* 167S p. 2472.
FINANCING
TO- PRESENT
EFFECT
Proceeds
323,408
!
Sangramo Electric Co:—Extra Distribution
.
>
The
345.369
404,275'
$15,944
$137,484 /
near
.
';;V
587.756
7,946
charges
for
N«t
Wilson,,.N. .C.,
and
the
purchase of property and equipment .therefor, .totaling,'ap-v
proximately $30,000; and
>'
,
»
wviW*
'-V-ii
-'Vi' r
(4) The erection of office buildings and dispjay_rooms at, Portsmouth,/'
;
Va.,
and-. Winstcn-Salem,, N,
C.,- estimated„-rto cost /.approximately;;;
$32,500,' J.'1,
"j/.-•/"'v./■ .%*'' .* \
(3)
\
786.653
-72,749.
expenses
>Y.' 167, p. 2365.
'>i
$148,212
on
income
Income
*5t(at •
tanks -,
Installations;,.^(bi.-.storage
customers'^
141,897.
$11,233
ete._
profit
gross
/ Gross income.
C.y of a $1C0,000 short-term bank loan;
-v' .v;vcA^,;r
(2) The purchase at a total cost of approximately, ,$445.000of
equipment
831.946
1,060,562
164.C83
appliances.
of
Other
a
157,842
sales
profit
/ ' Profit from operations
*
•%• "
969,431
1,208,774
131.791
________
,.
of .Charlotte,?,.,
»
,
on
Total,
,
that such- ijorporat&~purpo9es
priority:5,U -.-■iv>%
of their"
order
Repayment, in
.143,025
and
appliances
supplies, etc,
-
:
It is- presently, intended
porate purposes.
Co.—Secondary
H55.
of
;•?'y •■'
$329:425
>y
Gross
;
PURPOSE—The net proceeds will initially, becomes a. part of the
"corporation's general' funds" and as such' may, be, appLecb.to. any." cor,-:
of
•> !'■/'"-.yv' )-■,;/•> ■ ! ••
$153,449 *' $638,441 •; $450,272
'/•;'•./ .-1
v-' '-.■ •;/>;:
sales?
on
appliances,
supplies, etc.,
—
our
1S47 • 1946 /
1945 ;/:
./</'// :?'■ /••■'./'/■ .■•:; •■• •; //:■•■ >? '••/ %•
$2,253,542 $1,360,540'
$918,573
463,060 /. 1,615,101
910,268- 589.148
,
„
$616 510
profit
sales,
Co., Inc., and associates ■//sales
of 15,000 shares of 5V2% cumulative convertible pre¬
Operating
ferred stock at par ($50). Further details*fblIoW;^v%^3't'
Offering*—
The First Boston Corp. completed after- the close of the
market June'7 a; secondary offering of 50^476 shares of
common stock (par $10) at $13.25 per share.
Concession
to NASD members was 25 cents per share;—V. 107/
Power
made in
was
pe-
gas
RaS'_;___-^_-_i;
of
Net
/
as
Preferred Stock
issue of May 31 of
C.
Co., Charlotte, N.
Offered—Mention
will
Potomac
shares
troleum
Cost
,
'yr ,/-;v IT/!;//
—'Years Ended Dec. 31-
:2 Mos. End.
Cpst of purch. gas., etc. \
the offering by R'. S. Dickson &
Acquisition— :
On May 26 the company acquired all the 1,500 common shares
Brown-Fayro Co. for 7,500 of-its- common1 shares.—V. 167, p.* 2364.
Gas
Rulane
for
,::-••"••/■
.
>
750
-
•
according fo cable advice from Amsterdam to-the
166,
•1,875
,
sales,.- liquified
Net
;•
,u
and commissaries of this company have decided
'>//
annual meeting1 to fix the" dividend on the ordinary
Bank
National
la
300
750
Inc
Co.,
Co
&
v;.,f-..'
Gross
Chase
750
Feb. 29, '48
management
propose-atr the
Co.___^.__*J300
CONSOLIDATED INCOME STATEMENT
'
redemption on July 1;; next, out of
sinking fund, $421,000 of collateral trust
15-year sinking fund 4% bonds due Sept. 1, 1961, at 104 and Interest.
Payment will be made at the Manufacturers Trust Co.', trustee, 55
Broad St., New
York, N. Y.', . •.
*'
company has called
moneys now in the income
Wheat
C,
■•■,1
Pfttston Co;—Partial Redemption—
The
P.
beeiT informed.-—V> :167,
J/ 1,500
./v600
&»Co.,
has
Corp.
the Exchange has
stock for" 1947 at 9%,
paid
(The)
Investment
Strader; Taylor &
■!V*.;r;
to
Sm'th
/.
The
'//./■% ■% >
;
offer
share,
Frank S.
/,
2.500
'
renewed and extended.to June
purchase" Root Petroleum Co. common stock at
Petroleum
-1,000 :
1,000
Southern
;
750
,
300
400'
MverB &
Ohio
*,The
•
on
Royal Dutch Co. (Holland)—Plans 9% Dividend—
operating
the
V.
per
OutpuW-
companies served by this company
for the week ended June 5; 1948, totaled 234,427,000 kwh., as compared
with 214,682,000 kwh;
for- the corresponding week last* year, am in¬
of
output
its
1948
$25
Pioneer Service & Engineering Co.—Weekly
Electric
30.
291.
Exchange
securities.
on
American
Pan
Curb
York
New
mittee
"'
.
■••;...{
Harry W;
* June 4 announced that this
company's $1 par common stock would be suspended from dealings at
the close of business on-June- 30.
1948. The reduction in the number
of shares which remains outstanding and unacquired by Pan. American
Petroleum Corp. is responsible for this action by the exchange com¬
The
(
V;."
Purchase Stock Extended—
offering,*
.
(k-;Plater';Incy/2Wt^--^//*■•.'■'', '.*/
McAlist®r,; Hmitlf
Off List—^Offer; to
Go
Co;—Stock to
Petroleum
•Root
from
1948.
.
"
new
subscription
accepted
be
.
.
holders of American shades
representing the company's ordinary shares, the Curb has been in¬
formed.
The Guaranty
Trust Co, will sell the rights accruing on
the ordinary shares represented by American shares and distribute
the-net proceeds of the sale to holders of American shares of record
No
stock
"
of
one
find
to
common
'•'
ordinary
new
the
witlr the
connection
in
offering
is
corporation
privilege
of
been-'granted" to"
v
Common
y**-. Preferred'?5 f *•.Common
stockholders as soon ..asj'the- stock, transfer is.
.Options/
:..// '
*-■/ yA;-.v VWilliam T. Lear, President of Lear, Inc., said >Uamec would operate
P " «
»*
^ ,. .■8.550-21. 375,
V.
.-•;
V... Son 'V '" ' *:■ 1 '
as the Romec Pump
1,250 ;. t i'.
Co. division of Lear, Inc.; with Joseph H. Lyons,
Lloyd :E. fTanndv Ar.r.n ' Canady &
;■/;
500
former Romec President, as a Vice-President, of Lear, Inc.,.. and-Man¬
;
2,500 ;
'OE H. Craw ford Co.i
/;
y/1,000. 750
ager of Romec division.
A. C. Reske, former. Romec Vice-President,
/
/ Griffin & Vaden,
,
.300'
will become Assistant Secretary of Lear, Inc.,,and Controller of Romec?
// 1.250/ :■»
R. S. Havs & Co.,
v.
500
'
division.—V. 166, p. 1997.
1,250: ;/
;%/•
.* ft'*-**
.''Ivf.-:-' Htckorv • Securities'.. 500"-
will5 become Lear
completed on basis of
'
..,
stockholders,
Romec
shares
..
try,
Its ordinary shares the
shares at a1 price of 42
share for each five
ordinary shares held, Guaranty Trust- Co. of New York has notified
the New York Curb Exchange.
June 11 Has been set as the record
This
/ /- •/'• /•
-v •/, ..-v.""'-,
exceeding 900 widely-.scattered, about,,the _coun-.
-
preferredt stock for...which 'they ha^ye
purchasers, and-, the respective numbers," of»
for/the purchase; of which options- have ✓,-/
shares of. the
stock
a
dent.
AssociatesrLtd.—Rights to Stock¬
Pinchin Johnson &
holders—
(
.
on
distribution; has' been ap¬
pointed to- the' finance committee and given increased? responsibiMty
in expanding facilities.
Mr. Gubb will continue as a member of the
board of directors, the executive committee and the finance committee.
Vice-President
Carmine,
acquire all the property, assets, goodwill; and. name, of Romec '%/, tiye numbers of
exchange basis, it was stated by J. H; Lypns-, Romec, Presi- •/ severally agreed
Inc.,. to
'
illness.
H.
James
.
such
202.500
preferred stock
the. underwriters.
the.
of
SEC
war-/
.
(par $1 )• reserved for warrants./
37,500 for exercise of-the options granted to
The .offering, price is par for each class.;
Hannaford-& Talbot, Sany ,
106.875 shares of common stock have been reserved to cover options: r'*
Francisco, wilL act! as- selling agents. " Each purchaser: of one pre- / ;.
gra-nted New England Mutual Life Insurance. Co.,-plus such indeter-( ;
ftrred" share" entitled
to
buy six common shares* at $1 per share. :''
minate
additional number of shares of common-stock as may be
."Proceeds will be' used'for working capital and'expansion.
required for the adjustment of the said options:^ 'v'u >, *1, y}-.,-<
and
3,159,485
and'90,000
rants)
shares
common
'
"•
Net
Other
oper.
Interest
&
amortiz
$6,891,122?
201,075
194.797
$6,906,618
546,837
164,891
2,382,266
2,270,900
8,499'
*-f
ORGANIZATION
North
Net
Pricr
lncome__
preference
$350,711!
$334,506
...
$5,055,'693-
dividends paid
$4,800,009
687.500/
tion
—V.
other
and
167,
p.
for
com,
stock-
corporate
(
;
divs., construe-
$4,3C8,193
purposes.-
<■
$4,113 109
Tennessee
1
*
2364.
(N.
Realty Co., Denver, Colo.—Files with SEC—
a
letter
par),
of
notification
with
.
the
is
to be offered at $27 per share.
capital.
Republic Aviation Corp.—Registers with SEC—
covering
exercise
per
now
42,000
of
share,
shares
stock
are
deceased.
($1
options.
held
For
by
filed
a
par)
registration statement with the SEC
Options for
eight
stock, issuable upon the
stock, exercisable at $7.25
and the estate of another,
common
this
individuals
general funds.—V. 167, p.
1475;
..■.-.Sears, Roebuck Si Co.—May Sales
•:
Rulane Tank Co. is
for sale principally to the
The .remaining subsidiaries
tanks
of
*
of
their
primarily
gases
recent
engaged
under
the
in
sales,
the
trade
the
sold is technically known
buta-ne-propane- mixture is also
gas
the
process
where
for
is
a
subsidiaries;
is
cars
to
delivered
consumer
derived
as
propane,
distributed.
from
natural
but
a
small
amount
are
tank
in
The
removed
cars
to
plants
of
is
transferred
in
a
in
the
corporation
and
/•
liquid
state
from
railroad
the
house
or
financing
Up
.12.7.%—.<<•-vy*?.L,
1948—4 Mos.—1947^
'
2298.
/;■ ://., ■/:;':/■
.
banking
■
%
•
)//
Co.—Financing—X
,
v
'/.f
will be
group
used* to retire
bank loans and for general cor-
other
place
where
it
is
to
2137.
Shackleton Piano Go., Louisville, Ky.—Files
for
company
offering
will
be
on
with SEC
June 2 filed a letter of notification with
($10 pari
common
stock; to be offered
the SEC
first to
unsubscribed shares later to the public. "The
price is $10 per share.
There is no underwriter.
Proceeds
10,000
shares
stockholders
*
into
p.
investment
The
its
tanks located at' Rulane plants.
From there, it
cylinders or by tank trucks to the premises of the
piped
$
in
storage
and
167,
porate purposes.—V. 167, p.
also
L
gas
•
-
and
gas
The gas is refined in special plants
and--the-gas-compressed" into a liquid
the
$»'■•■
,
Segal Lock & Hardware
the
of
produced
'
headed by Flovd D. Cerf Co.,, Inc.,
Chicago, plans the offering June 16 of $2,000,000 15-year 6% * con-;
vertiblc sinking fund debentures, due May 1," 1963.
The new deben¬
tures will be offered at par.
They will - be convertible into common
stock at $3.50 a share on the basis cf 285 5-f shares for each $1,000
debenture.
Conversion dates will be announced later.
Proceeds from,
and its subsidiaries a-re
sale of liquefied petroleum
More
than
93ri
of. the
of refining crude oil.
impurities
shipment
tank
gas
and
"Rulane."
of
••'
192,326,805 171,561,534 731,754,631 598,568,782
An
corporation
distribution
name
•
—V.
/ "
its other subsidiaries.
engaged principally in the sale of Rulane gas and appliances-,
Although-sales of gas consuming appliances represent approximately
35%
"
Sales
•
1948—Month—1947
Period End. May 31—
V
incor¬
South
subsidiary.-
wholiy-owned
a
manufacture
company and
Rulane
The company on June 4
in
(Vat.; Carolina Rulane Gas Service^,Iitc.*--(N/C.»;
(Tenn.); Georgia Rulane Co. (Ga.) Rulane Tank
which operate primarily in their states of
Rular.e Co.
(Del.), operating- primarily'in
of
the
Gas
Co.
also
in
incorporated
Corporation- has* the,following wholly--^
Service, Inc, -fVa.i,' Rulane Engineer--
1931.
are
'■>
SEC
Underwriters, Ralph S. Young, Colorado Springs, Colo., and* J. A.
Hogle & Co., Salt Lake City, Utah. Proceeds will be used for working
all
BUSINESS—Corporation- Was
2,
Rulane
Palmetto
Carolina,
parent
Rulane
C.i,
poration.
engaged
The company on June 3 filed
for 400 shares capital stock ($1
AND
April
subsidiaries:
ing-&■ Servioe Corp.
687,500
Co.
Balance avail,
Carolina
owned
used
and
any
for additional
working
capital.—V. 166,
p.
706.
'
?
Vohime 167
Number 4707
Shoe Corp. ol
1948—Month—1947
sales—
♦Retail
sales
82,850,370
volume
of
and
1948—5 Mos.—1947
wholly
company on May 31, 1948, had 317
against 318 a year ago.—V. 167. p. 2137.
*•
EARNINGS
owned
retail
units
Quarters Ended March 21—
Earnings
B.
B.
share
per
is
ndt adequate
high
expand
for
must
of
Net
replacing
for
facilities
at
a
Referring to the
required
high
level
pressure
for
by
and
out or
worn
that
if
time
Fed.
this
investment
facilities.
and
In
1947,
equipment
the
for
producing,
company's
amounted
10,812,193
42,777,286
625,658
602,904
2,578,601
taxes
2,416,12!
1,197,693
1,154,504
2,766,765
4,938,314
4,628,78ft
7,618,419
9,056,727
8,272
90,449
38,863?
depletion
used
county
Equi.
Mr.
JL
1,992,148
/
taxes-—
and
taxes'.
are
up,"
.
taxes-
Fed.
<
rents
facil.
to
refining
expenditures
and
for
$141,400,000.
taxes
16,270
1,446,570
5,829,588
5,012,544
79
1,462~532
175
134
115,314
1,619,356
108,388
4,249,811
3.267,508
(net)-/./
rents
(F.
5,138,152-
ry.: oper.
Total
Misc.
transportation
inc.____
.-*
637,772/
763,561
Letting
3,807,928
3,187,552
4,887.583
4,031,069
19,936,708
18,195,797
59,284
50,006
363,002
202,847
1,676,305
-
1,596,974
6,432,022
6,619,341
5,151,994
.2,384,089
13,141,683
11,373,609
396,712
185,738
571,839
1,373,334
71,017
71,016
284,067
491,644
3,619,723
___
2,640.844
13,997,589
13,238,588
—_
charges
plants
'
Net
inccome
of
contract
York.
Construction
the
of
awarded
was
scheduled
One
will
within
to
begin
a
Walter
a
paint
new
announced
was
Kidde
immediately,
it
Constructors
said,
was
This
fluid
62
fluid
in
use
announced
application
in
the
buses
torque
to
gear-shifting.—V, 167,
the
3
output of
2,446,000
smooth
2473.
corresponding
this
—V.
income___
".4
week
as
compared
with
last year, as increase of
ended
June
2,161,000
1
'
M
Gross
'
.
Days End. May 31
The
•
for
13.2%.—V:" 167, p;
~"
company
5%
of
s.
t
Foster
Yancey, an owner of the
Manning and Sons, on June 2
A.
the
and
products
wholesales
complete
a
distributors
to
th£ board-of
ther
in
Mr.
following territory:
lina,
Alabama, Florida, Georgia, So. Carolina, No. Caroparts of Mississippi and Tennessee. Under the terms of the
and
license
*y
Dough,
Inc.,
lie
of
of
sales,
a
guaianteed
minimum
of
insuranc<,
^Elected...to-, th^
$7,000
»
partner-of
carrier
additional
the
$5
the
insurance
including
company
Rolls
^and
.
Fi ig.d-Dough
^
of
Dinner
addition,
which
the
company
distributed
be
can
experimenting
is
in
Mr.
on
Mr.
law. firm
of
'
Tbpihpson, President
Rolls.
an{j
Harold
other
Yancey;
elected
were
1
th*
the
John
•
tlPON
CAPITALIZATION
'l
5%
notes,
4%
subordinated
due $5,000
stock
Common
COMPLETION
<■*
OF
THIS
FINANCING
Authorized;/;'
of
local
local
quarterly..
due 1955
$80,000
$46,000
24,000
50c!
be /used
pany's
largely ior
products
Southeastern
will
will
proceeds
be
added
to
working
capital
and
will
It
states.
tho further development of the com¬
distribution of its products throughout the
the
is
beused .for: fixed
anticipated that $12,500 of the new money
if /:>///-■'' 'vf.''<,-f /v\ ;■ i.;ivV.,
' f/v;f/f;
assets,-,
shares, of
'Co.
&
first
its
to
public
common
purchase
public
at
$3.50
stock
this
offering
per
per
becomes
share.
The
effective
obligation
the
on
stock
common
included
in
of
Marx
date
of
the
offered
of the; stock.
This stock will be
share.
Marx & Co. will endeavor
maining 25,000 shares of
to
the
re¬
to
the
March, 1947
Apiil, 1947
sell
V
■
Thomas
»
succeed
v
-
;'■'4,073
28,736
'■•8,090
June,
1947
20,842
July,
1947.
24,417
1947
.
:j
March,
44,325
48,243
1948
'4
amount
of
earnings
of
2299.
p.
53,712
?
to
11:30
(EDT)
a.m.
New
One
of
the
-V.
**
Bids
■
v
-
from
series
it
on'June 21.—V.
167,
Sunderland
has
announced
the
at
Petroleum
&
been
requested
on
■
due
-
of
30
new
p.
2299,
11
Bread
St.,
>
highest
Mr.
Green
has
been
all
to
a
total
locomotives
of
about
now
on
Co.—V.
York,
N.
subsidiary,
167,
"City of San Francisco"
and
San
Francisco,
Mr.
$209
order,
million,
or
streamliners,
Mercier
in
no
of
record
707.
Increase
to
shares
par
( all
of
one
$5, and 100,000 shares
par
one
or
1,265,383
and
company
York
series,
more
when
shares would represent
shares would be sold
625,000
arranges
the
of
with
permanent financing, pro¬
funds
obtained
under
banks—Chemical Bank
&
loan
a
Trust
Co.,
City
pipe line from
gas
the
an
cost
Its
of
proposed 800-mile
Carthage field in Texas
additions
normal
1951.
the
■
Federal
application for permission
Power
to
to
the
to
existing
■
Commission
construct
and
in
operate
Its
(New Jersey)
'' J,
f5
167,
(&
,
}
six
*
-
said.
operating
is
mdhths'
Abrams,
the
in
net
The
first
the
^
over
have
been
de¬
between
Chicago
world-wide
increase of 8.6%
J
six
months
billion
$1
'
of
in
48,000
in the
the
like
the Arabian-American Oil Co.
agreement or
crude
:
far
*.'> L.'
I
stepped
the
of
Texas
the
by court action.
company's Far Eastern
Vacuum
Oil
Co.—half-owned
«
a
'
1
stockholders
on
June
shares
shares
purpose
in
million
to
meet
outstanding.
Gas
terras
to
averaging
when
deliveries
the
estimated
daily,
Co.
has signed
day
a
gas
Transmission
contracts for
after
June
Corp.
will
delivery of 235 million
1,1950.
"
/
transmit
210
'
•
million
cubic
another
of
contract
now
being
negotiated,
Texas
Gas
daily to Louisville Gas
of 200 million cubic feet of gas a day.
In addition, it is
contracts to buy another-. 165 million cubic feet daily from
producers in" the Carthage field. Contracts already signed
gas
those
now
In negotiations will supply
requirements.1
•
V..
gas
is
It
z
-
estimated
that
cruals
This
retained
—V.
earnings
■
1 |
«
,
leave
$61,300,000
167. p.
of
k
v <*>
to be
raised
.for. 139,508
assumption
shares
by
its
of
Textron
subsequent
offer.
to
$1.25
all
of
'
In
■
allow
to
the
sale
financed,
of
a
requirements.
1949, that
of
Sons,
>
market
mills in
Holthe
1948
the
including
Inc., The
as
with
which
Esmond
of
liabilities.
all
./by Textron Inc.
will continue
•*
-
of
of
the
assets
of
stock
Esmond
subsidiaries
manufacture
the
Esmond
line
of
Esmond
through
an
650 blanket
Inc. will be carried
Esmond Mills division.
The
separate corporations.—V.
as
looms
Mills,
.Net
corporation
preferred
sufficient
were
from
from
Net ry.
*
blan¬
and about
on
directly
subsidiaries
on
J me
stock
167,
to
p.
8
delivered
The
National
shares
1,255
of
its
Bank
of
Cleveland
City
railway--
cumu¬
for.
1947
$343,420
income—
$63,345
118,606
—
railway——.—
oper.
4%
2300.
•26,433
54,952
41,809
1,371,821
189,918
From Jan. 1—-
Gross
from
of
Nfefr
from
27,333,742
Net
ry.
number
of
167, p. 2366.
Toledo Peoria & Western RR.—Earnings—
' •
...
1948
-Gross
<
Mills,
the Esmond
of
robe
to operate
cancellation.—V.
J
the
common-
Virginia, Inc., Clarence Whitman 8c
Mills Ltd., and Esmond Mills (Ontario) Ltd.
Thompson Products, Inc.—Reduces Preferred Stock—
The
lative
-
was
Textron's
of
■
cloth and napped fabrics.
The properties include
Esmond, R. I.; Waynesboro, Va.; Dover, N. H.; Granby, Quebec;
as
1,500 employees.
The operations
,
corporation
transfer
The
Esmond stockholders
-and Perth. Ontario/with a total of about
either
this
Esmond
Esmond
its
and;
well
by
that
Mills, Inc., in exchange
preferred stock and the
*
acquisition
acquired1 control
Esmond
kets,
>"
■
There
of
mortgage bonds.
April—
.
ac-
line's total cost.
new
be
announced
Esmond
convertible
acceptance
'
connection
subsidiaries;
operations, he reported that
by Jersey—had
reached
a
"
line's
new
reserve
Incorporated—Buys Esmond Mills Assets—
made
Textron
concluded
1.
from
the
of
depreciation
1735.
Royal'Little, President, on June 7
-has'purchased all the assets of The
■* *
the
were
;
.
bulk
«
construction
r
S3.2Y
Eugene
year,
be
the
and
through 1951 will provide $18,000,000 of the
will
$60,000,000 is- expected
■
of
company's
and
months
soon
can
•
is
deliveries
1950,
feet
supplies of gas at the southern terminus of its proposed
line, the comuany has contracted to purchase from Texas Eastern
total
1
future
cubic
maximum
various
reached
•
of' the -increase
reserve
then
as
line.
Eastern
/executing
■.
.
approved an Increase in the authorized
capital stock to 35,000,000 shares of $25
par value from 30,000,000
shares.
The company-has.made no
arrangements for marketing addi¬
tional shares and has no-present plans for
doing so.
The
275
40 million cubic feet of natural gas
Electric Co.
new
production; recently :of 43.000 barrels a day eompared with
barrels daily, which was the highest
yearly average, reached
years.
so
soon
To insure
..
1947
Increase in Capitalization Voted—
The
to
up
feet-of natural
Under
oil
prewar
work
as
preliminary operation by late 1949, W. T. Steven*-
will supply
88,000,000
"
1948
1948
this
four
producted
over
construction
completion of the line and June 1, 1950, deliveries of 165 million cubic
a day are scheduled to go to these customers.
&
1,236,000 barrels
period.
He said, in
period
of
1948
refinery runs reached 1,319,000 barrels
daily, or 6.9% over the corresponding period last year.
Mr, Holman said the
company hopes its acquisition of a 30% stock
Standard
>
oil
gross
actual
feet
,,
Pan
1946
company's history,/ .,
stated, after outlining the
of
start
feet, daily to East Ohio Gas Co., a subsidiary of Consolidated Natural
Gas Co., and to Ohio Fuel Gas Co. and Manufacturers
Light & Heat
Co.; which are controlled by Columbia Gas System, < Inc. ' Between
>
the
Chairman,
a day, an
this/same
Regarding
to
.
.earnings, for
company's
by
position
obtained.
1851.
p.
1947
.' '''
Regarding the company's operations so
President, said
thaj in the first
interest-in
-
authorized,
be
Texas
Subs.>—Earnings
1948
'
preliminary
will", be. in.
approval
cubic
Senior
'- 'k'rxk'k
2365.
p.
Y.—V.
man,
6,000
livered Southern Pacific and 4to solely owned affilates will have
a total
of *334 diesels in service, plus three
jointly owned'and operated on
the
stock,
stock
"
V
the, company had no plans at present to borrow
money or
additional shares of stock: r.- ,
. -
'»
or
locomotives
holders
,
Kansas—Calls Scrip Ctfs.— ^
New
capital; expenditure program
>
>
yard service.
Delivery of the new - locomotives is ex-:
pected to begin early in the second quarter of next year,.,
iv Revelation of plans for the large new acquisition of
freight motive
power
followed closely upon the company's announcement of a $15
million passenger train improvement project to dieselize
and stream¬
line ; its famous "Sunset Limited,"
on
the New Orleans-Los Angeles
rup, and will raise the company's postwar investments in new cars and1
tWhen
it
capacity
Its
Net. earnings (esti').U-l——-———. 210,000,000
140,000,000
Earnings per share (estvK»_v—"
$7.50
$5.12
F. 'W.
horsepower mainline
freight locomotives, and 65 Diesel switch engines
ranging in horse-,
power from 600 to 1,500, Mr. Mercier said.
He pointed out that the'
purchase will include 15 "Road Switch Engines" of 1,500 horsepower
each, a new type locomotive so flexible that it may be used either for
mainline
to
March 20, 1948, and
disbursed, last year as
on
son,- Executive Vice-President,, said, with initial
265 million cubic feet a day until the spring of
/
City
York,
Estimated
nation's
being
common
the
as
It expects to start
appointed
General
Counsel
to
died last November.,
V
position of Associate General
time.
same
Transport
6 Months Ended June 39—
v
k"
•
S'i'
of
President.
are
that
\\
,
that
announced
1
^
largest railroad equipmentrpurchase projects,
involving approximately $25 million for' 95 new Diesel-electric
freight
of
various, types, was announced on June 4 by A. T.
Mercier,
new
Issuable
$100,
•
placed at $79,300,000 the
two
or
line.
F.P.C.
;
(Indiana)—New General Counsel—
Standard Oil Ge.
<
167,
locomotives
(!
week
would
.
J
25
also
20, 75 cents.-r-V. 166, p.
Middletown, Ohio, and c-f
pipe line facilities through
Textron
.9,567
Bakery.h"k-c •'/ :>v-
;;'Southern Pacific Co.—Large Equipment Purchase—
•
authorized
shares.
present Kentucky Natural Gas and Memphis Natural
Gas companies would
comprise the central link in the line.
Texas Gas said it is receiving
delivery of its pipe requirements and
other
materials
and
is undertaking
necessary
1,209
:-nv■.
v';
by the company at Room -1130, 90 Broad Street*
up
the
to 500,000
share and an extra
declared on the present
paid
were
and Dec.
The company expects to file with
a
this
.,
Attorney
American
Bids will be received
York,
gas
and
Southern Natural Gas Co.—Bids for Bonds—
New
of
natural
9,048
56,543
Florence
Jhe company invites bids, fpr the purchase as a whole
$28,000,000 first mortgage pipe line sinking fund bonds,
,.1968.
June
on
Standard Oil Co.
8,739
'
--
small
par
Bank
The company
26-inch natural
The ,company has called for
redemption on July 1, next, all of the
6,198 £ stock scrip certificates' for fractional shares of the cumulative
pre44,299 ' Verted ^tbek^ at the redemption.- price at- the? rate of $88 per share.
Payment will be made at The Chrse National Bank of the
5,948
45,557
1948 --.U—i—1.^_
ii;*Includes
National
■
/
39,234
1943
February,
Of the
vicjnity
'
.
♦2,473
ft 29,492
.
October,' 1947
,—Jt—J
November, 1947 ——-1-—i—
December, 1947
January,
increase
per
of New York, and The Bank of
Manhattan Co.—will be used to linance
additions and improvements
this year to
existing pipe line facilities as well as to finance purchases
of additional pipe and materials.
1948—5 Mos.—1947
for the company.
< Kk '}■
Mr.- Sunderland^was General Counsel of its
•
.
K
was
General
3,150
1947
September,
been
June
was
Extras
New
$9,970,924 $10,111,080 $49,457,804 $48,241,983
the
Counsel
6.021
22,555
.■
to
cents
have
payable
sale, together
'V
late Buell F. Jones, who
Advancement of-A.v L. Green to the
;.v
Profits-
'■'$4,077
25,357
*
k.
1948—Month-^-1947
Standard Oil Co.
t
Uf
$17,826
194 7:,.«———T.^«
August,
25'
25 cents
three
.
present public
•; \ SALES AND EARNINGS RECORD
vlvr'SSales
a y,.
share
per
stock,
stock
the
offering.
-
of
this
■
100-page midsummer
sale book, now in the mails to
customers, contains some of the lowest
prices since the war.—V.; 167, p. 2036.
'<
"
♦
at <$3
stock
-
from
Chase
/ ;
Mails Mid-Summer
Catalogue—
ARRANGEMENTS—Marx & Co. has- entered into'.'
'The corporation
agreement with the company to purchase from the company 25,000 '
an
stock,
Until such time
F.
Period End. May 31—
Sales
UNDERWRITING
,
cents
common
proposal to spiit-up the common
on June
15, 1948.
voted
200,000 shares
; agreement with
Spiegel, Inc.—May Sales Declined 1.4%—
financing
and
25
A distribution of
•
preferred
the
,
PURPOSE—The
a
The private sale of the said
625,000 shares of common stock already
has been arranged, contingent upon the stockholders'
approval.
,?
East
of
of The Southland Corp. and a director of
and the Dallas
Railway & Terminal Co.;
Sperry Corp.—New Vice-President—
♦11C,C00 shs. f :100,000 shs.
-
Co.—Split-Up Voted, Etc.—
approved
outstanding present capital
privately at $8 per share.
Preston R, Bassett,
President of the Sperry Gyroscope Co., has
♦Options have been granted for. the purchase of 10,000 shares at
been elected < a Vice-President of
the Sperry Corp.
He will continue
price of $3.50 if the options are exercised on or before April 1, 1953. «>
to head the' gvroscdD^ division
—V
167' d "1511
transfer Agent: The First National Bank of Birmingham (Ala.).
; f ,"
a
their
on
transportation
*
notes,
(par
the
basis, effective
stock from
common
of
15.
necessary.
.
The common stock.was listed
on the San Francisco Stock
Exchange
i at the opening of business June
7, 1948,—V. 167, p. 1050.
Outstanding
June 3
on
two-for-one
a
4
C.
(A. G.) Spalding & Bros.,
Inc.—Listing—
fJ
for
cars
the< authorized capital stock from 2,000,000
class),, to 3,000,000 shares of common stock,
r
immediately,
Manning
Manning
750
to
•
,
'
accepting delivery
tank
tains Funds Under Bank Loan
Agreement—
tfhe stockholders will on June 28 vote oil a proposal
;
-
»
is now
gallon
Arranged—Ob¬
of
-
,
8,000
cents;
Robertson, senior
Robertson, Jackson, Payne and Lancaster,
R«P»hlic; National Bank
.
v
$3,750,956
Texas Gas Transmission
Corp.—To Increase Common
Stock and Authorize 100,000 Shares of
Preferred Stock—
Private Sale of 625,000 Common Shares
s
operations
Cuslness nrimartlv fhrmmh
primarily through
were
corporation
in each quarter during 1947.
follows- On Sept. 20, 25
>
this
of
.
,
v'" V
1,
would* begin
firm
President
,
Yaneey,
,
frozen
a
$4,101,802
glycerine.
outstanding
Volkr President of Voik Brothers-Co. and of the Volk
gakery products .Reaitv Co
-»V ...f
*
uncooked state;
The-company's /«
Th; Manning firm, which has been active in Texas
insurance for
management believes that the market for frozen bakery products in
45 years
representing such companies as the Aetna, Springfield, Fidelthe company's iradie -territory
has not yet been fully exploited nor
ity Phenix, and the Home-Group, among others,, will-serve as underhas the sales area been adequately covered. /;/
v'^-' : writing managers for the new company.—V. 167, p. 1262.
-/.■AH
the
manufacturing processes are carried
on
at
a
:
plant fin
Florence, Ala.
»
In
1948—3 Mos.—1947
$1,433,785
Corp.—Receiving New Equipment—
that
regular quarterly dividend
ceeds
"under
Leaf
1948—Month—1947
aluminum
par value
June
To
•—
managing
elected
Texas...
business
board
36
dividend
SEC
in
Clover
■
,
April 27/ the stockholders had
The
construction.—
son
^ l!
Pngid-Doii0h
general
,,
was
in
directors by-stockholders.
Yancey said the
wr4tw
»
with
•
preferred stock ($100 par).
Inc., New York.
Proceeds, will
company, newest multiple line
Seven Dallas businessmen,
bf kcry
On
cumulative
T.
manufactures'
registration statement with
announced
for
; Stock on
>
v
read-to-bake
a
is
The directors
r
122,872,842
Southwestern Fire & Casualty Co., Dallas, Tex.
V,
Begin Operations— ■"Vv'.";
ANDBUSINESS—Company operates as a licensee
of
Frigid-Dough, Inc. ./of Oak Park, 111. / Under its license
agreement. wh:ch is renewable from year to year at the
option of
the company
May 31—
Sundstrand Machine Tool
$
V
HISTORY
frozen
for
Delivery of the remaining, cars now building4
at
the American Car & Foundry Co.'s
Milton, Pa., plant will be
completed by mid-summer.—V. 167,
p. 2147.
1947
$
June 4 filed
on
covering <25,000 shares
American
of
1948
8,066,919 133,671,438
'>.v.. r
the., Underwriter, E. H. Rollins & Sons,
be used
to repay
2473'.
•
bank loans and finance
V.. 164, p. 2193. i v f- f
r '■
■, ■>
Southern Frigid-Dough, Inc.,
Birmingham, Ala.—Stock
Offered—Marx & Co., New York, is
offering 50,000
shares of common stock (par 50?) at
$8.50 per share.
licensee,
and
,
$1,611,436
'Synthetic
Jan. 1 to May 31
1947
...
$
*
earnings—8,383,994
—v,. 167. P..2473.-
?
1948/ *
'
line
of
Southern. Union Gas Co., Dallas—Registers with SEC
5,
kwh.
loans
of
Stores, Inc.—May Sales 12.4% Higher—
Sun Chemical
It
-
-
.
,:-Vv
■
•,
Co.—Weekly Output—
for; the
company
$65,000
1594.
167, p. 2291.
order
P.
-
••
„
l;.\;
...
..
10
1948
'•
eliminate
to
to income of S.
SouthernRy.- -Estimated Gross Earnings—
Mobil-V
improved hydraulic
are
finding increased
and
credited
60
•
of
retire
p.
Sterling Drug, Inc.—Secondary Offering—Blyth &
Co.,
Inc. on June 2 effected a secondary distribution of
2,000
shares of common stock (par
$5) at $37.75 per share.—
V. 167, p. 692.
.
•Excluding S. P. R.' R. CO; of Mexico, fRepresenting interest on-bonds
an
acceleration
kwh.y
week
neariy
development
which
converters
Southern Colorado Power
Electric
totaled
,;
-
.
net
Period—
June
on
provide
p.
>
\
which, officials of the company said, is.
for
New
Consol.
y of 'solely controlled affiliated companies not
this country,"
Transportation. System.—V.; 167, p. 2473.'
Development,—
corporation
of
.
leading producers of industrial paints in
Paint. Products. Division has been, located for
Long Island City.-/ "■
in
cos.
adjust.—credit
to
167,
...
with comple-
year.
affiliated
fConsol.
2
System.
solely con¬
of
trolled
in
June
,
the
New
plant
on
Division..
Socony
years
.
of
N. J., near Metuchen„
Socony Pa.int Products
used
Net sales
P.
S.
Transport.
•Net.inc
construction
for
contract
a
company's
The
tion
of
Township,
the
be
Sterchi Bros.
"
by
will
15,008,245
Period End.
income
deductions
Fixed
To Build New Paint Plant—
Raritan
Corp.,
Rock, Ark., in April offered 2,000 shares of 6%
($100),
Proceeds
470,336
16,128,779
Stearns Hardware, Inc., Hot Springs, Ark.—
Stoek
Offered—Southern
Securities
working purposes.—V.
Net
15
cumulative preferred stock at
par
5,810,277
454,809
C.)
Preferred
Little
1,284,416
—
(net)^-i—
Other income- i
properties,
~
42,442,026?
city
——a—
the oil
on
will- be
income
increased
industry td meet unprecedented
demands for products, Mr. Jennings said that
Soeony-Vacuum plans to
spend $440,000,000 for capital investment during 1948 and 1949. Most
of
retire:
Other
come."
to
11,105,995
op.
„insur.
_______,—
Fed.
Socony-Vacuum is
demand, earnings
increasing
some
168,370,639
31,766,037 141,543,585 125,928,613
*
$0.51
v
•
the
ry.
unemploy,
taxes
Miscellaneous
depreciation
assets that are
as
from
rev.
Fed.
inflation.
charges
1948—4 Mos.—1947
42,578,230 184,320,871
35B08.723
expenses——
State,
$1.04
-
"Furthermore, .it .is obvious
its
remain
result
prices,
oper,
(2583)
The company also Issued on June
10 about 680,000 shares in connec¬
tion with the dividend of five
shares for each 200 shares.
In a letter to
stockholders accompanying the stoek
payment, the
company states:
"It now appears probable
that it will continue to be desirable for
the company
to
conserve
cash
during the near future.
Although
no decision has been reached as to
whether the current stock
dividend
will or will not be repeated in, the fall of
1948, in the absence of
unexpected developments it seems likely
that a stock dividend of
some amount
will receive serious
consideration by the board of di¬
rectors at that time."—V,
167, p. 2139.
SYSTEM
1948—Month—1947
46,714,718
revenues
oper,
Ry.
■
1947
large part of
a
CHRONICLE
$
$33,000,000 $19,000,000
(estimated
direct
a
current
Jennings said.
ta
1—
Jennings, President, stated that
earnings
"At
194ft
(estimated)
TRANSPORTATION
Period End. Apr. 30—
Ry.
operation,
Socony-Vacuum Oil Co., Inc.—Earnings Rise—Plans to
Spend $440,000,000 for Expansion During 1948 and 1949
earnings
FINANCIAL
'
•
Net
OF
subsidiaries^
in
.
•
&
[Including Separately (Operated Solely Controlled' Affiliated Companies]
•
$2,504,040 $12,370,515 $10,897,066
corporation
-The
y
COMMERCIAL
America—May Sales Up 13.8%—
Period End. May 31—
•Retail
THE
railway.
railway
oper.
•Deficit.—V.
—
income
167, p. 2072.
—
504,599
•64,450
227,771
127,196
U
and
Purber,
additional
units."
theatre
tarias
M.
Girden,
the
following
directors
it
in
for
first
the
loss
net
this
of
ouarter
33.1%
of
Lee» Pierson, Chairman of the board.
Net loss for the first three months of
as
1948
gating
it
1947.
totaled
from the airline's 32,500 miles of domestic and
operating costs were permitted to rise only 22.2%, or
The first three months of 1947 produced operating
S12.760,259.
Operating expenses for that period of 1947
$18,105,024.
These
figures
,
135,000
future
in
that
the
to
starting
for
Foreign
1.—V.
167,
expenses-..
1948
1947
$5,560,431
*7,839,161
$4,469,357
6,240,441
the
for
statistics
Related
System
TWA
entire
miles)
w
—V.
23,703,000
38,768,000
ton-miles—-
Available
167,
2474.
p.
Operating
39,135,000
30,458,000
772,000
4,621,000
7,106,000
Interest
company
covering
W,
A.
will
be
7
filed
shares
369,618
Patterson,
financing
preemptive
the'
ba~is
stock
of
not
formula
($10
registration
a
on°
the
:
said that funds raised through
capital expenditures, debt retirement
for
used
subscribe
to
sherp
r«"v
subscribed
for
be
will
the
to
p-x-h
and
Present stockholders have
shares
new
shares
five
offered
the
to
when
held.
now
company
.issued
indebtedness
and
Stockholders
formal
mailed
being
are
Patterson
Mr.
.United
employees
on
allowing for
and
The issue will be
Harriman Ripley &
June 28
at
a
notice of the financing and
price to be announced at that
said.
$25,000,000
$3,090,000
will
be
June- 30.
The
result
a
of
16%
of
preferred
financing
five-year
term
bank
loan.
this term bank loan on
a
borrowed
reduction
,i,
:
debentures
stock,
and
conducted
bank
early
or
loan
in
figures
for
1947
V '
share. *'
a
not
are
available.—V.
The
Curb
privilege
•
received
by
the
New
York
but
if
to
submit subscriptions
Curb
aggregate
subscriptions
for
any
exceed
Exchange quoted the common stock "ex"
9.—V.
June
on
"
•
round
effective
trip
"•••■•
•
Ferbert.
167,
Co.,
5.37%
of
3 Months Ended March 31—
income
Federal
Mr.
Oper.
Net
••*'
-
annual
by
Int.
•-*
amount
Net
$876,995
—.
the
meeting
on
May
Executive
as
$878,079
338,822
$523,749
$539,257
revenues
was
of
announced
shares,
no
par
value
par
of
this
98,648,000
for
company
kwh.,
for the
kwh
the
increase
an
corresponding
ot
week
Co.—Earnings—
1948—12 Mos.—1947
•
$2,084,787 $10,250,254
89,015,460
1,912,320
1,511,898
7,521,005
6,331,651
income
$626,513
$572,888
$2,729,249
$2,683,809
1,008
4,199
21,200
9,523
$627,521
....
other
$577,088
$2,750,449
'$2,693,332
deducts.
157,692
158,962
632,134
647,24a
$418,126
$2,118,315
$2,046,032
'
$469,829
2301.
$100
above.—V.
duties
167,
on
June
1964.
p.
15,
1948.
of
305,280
.
.275,914
—
Western
Other
■
taxes
($100)
;
3,160,144
57,764
299,172
693,168
3,124,607
3,162,883
291,684
3,709,954
3,425,510
$8,789,159
$8,502,890
7,840
10,626
$709,656
$831,831
amortiz—
87,198
of
for
167,
$8,362,862
The
3,750
($10
New
r.t
167,
26.
re-elected
was
President
board
James
Vice-President
J.
of directors,
held
Mowry, of Norwich,
and
General
Period End. May
Sales
.
—
$5,099,772
$4,820,201
shares——
$1.74
$1.64
31—
1S48—Month—1947
Herbert
on
June
George
7
1263.
$250,000
'
adminis.
and
Depreciation
general
present financial condition will allow it to maintain
Ite amnual dividend rate on the common stock at
$2.50 per share, Gen¬
eral John M. Franklin, President,
told the annual meeting of the
stockholders on June 8.
Franklin also estimated
the company would approximate
for
the
the
first
possible
.
also
Profit
that
the
$300,000,
quarter.
payment
second
of
His
quarter net earnings of
19
cents per common
estimate did not take into
or
operating-differential
subsidies
any
all
or
$662,827
;
sale and retire,
of
80.742
r
5,488
:*
$985,750
machinery & equip:
9,067
3,286
for Federal income tax
before provision
President,
as
drilled
is
12
(EDST)
noon
in its absolute discretion,
tenders.—V, 167, p. 2301.
states
result
a
wells
tested
an
an
from
well
the
suspended due to
The
six
well
on.
to reject,
in
Increased, Etc.—
letter
a
to
-
stockholders
the
been increased at the rate of around
of
well
completions
this
year
the company's properties
on
Moulton
properties.
and
open
in the
in the
of
also
start
the
excess
of
cubic
million
7
On
and
oil
lower
approximately
stated
in
approximately 2,380 feet deep and
the other well operations were
horizon.
mechanical difficulties
rate
the latter, two have been,
dually copipleted as a gas
rate
a
upper horizon
lower
Of
been
has
one
flow at
completions in
the
at
will
Co.,
these
on
oil
as
day from
per
oil
that this
poor results.
horizon have
barrels of
70
oil
added
each
pro¬
day.
per
corporation and Phillips Petroleum
the
drilling of a second well to offset the dis¬
covery
producing well approximately 4,100 feet deep on property
which the two companies own jointly in Clay County, Texas.—V. 166,
p. 708.
.h.-,
'• •: V
now
.
ACCOUNT FOR
Income
:
—
taxes on
1948, TO MARCH 31. 1948
;i—_—
$2,896,621
1,
-C
-
2,495,06ft
—^———
income, 1948-—*.-.
/—:
income—
per
100,00q
$301,561
share on 280,778 shares out3tanding__„J-_____
first quarter
profit for the
167, p.
share.—V.
per
Okla.—Earnings—
PERIOD JAN.
J:
operations
of
Provision for
3,040,390
106.319
.
for Federal
tenders
89.
of
1947
was
$1.07
cents
$100,510,
or
Co.
Rights
36
;.'7l
'
$4,112,370
4,471
Provision
of
the right,
reserves
part,
year
per
been
Net
3,092,674
;
on
167, p. 2178.
V
Moulton,
which
Net
$3,866,291
exps._
A
the
Cost
Dec. 27, '41 Dec. 28, *46
profit on sales, before depreciation.
on
far in
1948, Mr. Moulton reported, three existing wells which
producing at shallower depths have been successfully deepened
oil bearing horizon 2900 feet deep and four new wells have
So
to
Earned
Profit
submission
newly discovered
lower oil horizon
Field, southern Oklahoma.
*
Wagner Baking Corp.—Annual Report—
$671,894
$989,036
252,000
$609,036
69 419
$2.56
Machine
—
to
VS'-:'
Stockholders—
given the right to subscribe for
6,000 shares of 5%
cumulative convertible preferred stock, series A,
at par
($50) on the basis of 1/25 of a preferred share for each
common
share held.
Rights expire June 15.
New proceeds will be
Stockholders
277,405
$1.67
Sewing
of
record
May
12
are
69.419
209,363
Gibbs
&
380,000
$419,894
Willcox
income tax_
used
to
finance
'
158, p. 2089.
plant expansion.—V.
Willy-Overland Motors, Inc.—New Contract—
Net
profit
Dividends
:
—
on
preferred stock
on
Dividends
company's
reported
1948—5 Mos.—1947
,
per share
June 24.
Tatums
Gross
$13,062,584 $12,481,993 $64,483,200 $61,077,658
v
$1
record
i:y\
for
Wilcox Oil Co., Tulsa,
1514.
p,
52 Weeks Ended—
Interest
and Dec. 31, $1.—V,
price.
in
or
R.
duction
re-elected Vice-President and Sales
Manager.
delivery,
75
of
of
31, last.
In 1947, dividends
cents; June 30, 62»/2
cents;
its
company
John
feet
167, p. 2301.
Gross
31,
that the company's oil sales have
1,447,355
Manager
Selling,
holders
March
1948.
whole
1,447,355
v-.V
—
—V.
March
dividend
a
to
30
on
May
deadline
30,
The
in
—
June 7 filed a registration statement with the SEC
shares of 4% preferred stock ($25 par) and 15,000
common stock, to be sold by Mrs. Esther Buchman
City.
The name of the underwriter will be filed by
amendment.—V.
June
company,
well
par)
York
declared
8
made
was
By terms of the invitation all bonds accepted by the company must
be delivered on or prior to July 20, 1948.
Interest to July 20 will be
paid as part of the purchase price.
2,095,307
company on
shares
245.
compared
any
$6,267,556
Virginia Iron, Coal & Coke Co.—Registers with SEC—
covering
1,972
purchase
2,154,834
'
against
260
were
1948,.were
made
$6,547,127
2,938,425
on
2367.
p.
1948,
3,
outstanding 4V2% funding and real estate mortgage
1, 1950, and 5%
25-year bonds, due Dec. 1, 1951.
according to W. P. Marshall, Treasurer, has fixed noprice ceiling on the bonds, and accordingly tenders may be
174,191
stock
common
share, based
31,
May
Co., Inc.—To Pay $1 Dividend—
June
follows:
as
tenders,
bonds, due
The
$657,640
.
1948—5 Mos.—1947
Western Union Telegraph Co.—To Buy Its Bonds—
The company on June
10 offered to purchase, through invitation
186,809
requirements
loans
167, p. 2474.
payable
distribution
May
at
accounts
on
Sept. 30, 75 cents;
an
Balance
operation
Electric
stock,
paid
were
140,027
$8,701,961
:
bank
(Mo.)—May Sales Off-
1948—Month—1547
1947.—V.
directors
capital
$522,847
income
dividend
in
Wholesale
Western
The
the
693,168
7
;
$842,457
loss_
of
$400,000
2367,
p.
2,935,652
333,513
and
units
1,768 in
completed
Net
retire
$10,282,090 $11,026,000 $44,313,000 $42,716,000
The
$717,496
revenues-
income—net
to
167,
Wichita River Oil Corp.—Sales
57,764
250,076
income taxes-
oper.
used
Auto Supply Co.
of
1947.
acquis.
plant
adjustments
Federal
25.9,600
be
purposes.—V.
,
$3,656,170 $46,321,278 $40,665,067
1,637,008
23,460,012
18,943,493
268,485
3,383,433
3,001,472
2,084,504
will
Proceeds
construction
Period End. May 31—
with
'1 1948—12 Mos.^-1947
1948—Month—1947
$4,024,548
...
per
for
r
"
new
Co.—Registers with SEC
on June 7 filed a registration statement with the SEC
shares of $5 preferred stock (no par), to be offered
share.
The names of the underwriters will be filed by
8,000
INCOME
United States Lines Co.—To Maintain Present Divi¬
dend Rate—New Director Elected—Cover Dividend—
consideration
of
taxes
Sales—
Co., Inc.—Additional Preferred Of¬
—
Depreciation
Earnings
share;
properties
totaled
93,615,000
(net)..
amendment.
Walgreen Co.—May Sales Increased 4.7%—
deFiebre,
appointment
General
2,500,000
share
The company
and
subscription'
cumulative preferred stock at par
See also V. 167, p. 2367.
.vr:;!/;
Maintenance
1947
.
353,246
Keene to the post of Conby Richard Rhodebeck, President. As
a senior officer of the company, Mr. Keene will be in
charge of ac¬
counting and auditing operations at the Home Office.
He had been
Beside nt Manager In charge of audit for The Prudential Insurance Co.
The
to
present
1736.
$2,538,833
&
shares
par
each
167, p.
Co.—Weekly Output—
income
of
.
Corp.
Period End. Mar. 31—
Operating
Preferred
„
Controller,
p.
share
per
$300,000,
"
Balance
167,
a
1948—9 Mos.—1°47
revenues
and
at
the
United States Life Insurance Co.—New Controller—
—V.
Offering—The First
secondary offering oi
The stock was priced at
9
2474.
p.
income
covering
Virginia Electric & Power Co.-
this
Norwich, Treasurer for many years, was pro¬
Succeeding Mr. deFiebre as Treasurer was
Gk Wyman Carroll, Jr.,
Norwich, who had been strongly aligned with
the independents and during the past
year has served as Assistant
Treasurer.
Herman Keller, of New York, a member of the law firm
of Gordon,
Biady, Caffrey and Keller, succeeded Alfred Appel as
Secretary.—V. 167, p. 2073.
'
was
167,
income
Gross
June
Other
and
1948
-
taxes...
M"Clatchle, of Norwich. Conn.,
reorganization meeting of the new
whilies Rovre N. Pharr
The
no
up
electric
1948
output of
operating
of
for Acquisition by Columbia Steel
\7'
Steel
Consolidated
shares of 5%
the
167, p. 2300.
1
re-elected
t,nolle®
the
expenses
were
between California
been announced
A.
W.
the
5,
West Texas Utilities
similar
Subsidiary—
a
Net
President Reelected, Etc.—
to
of
June
1947.—V.
Number
Hemingway will assume his
and dividends.
of
moted
output
over
of
Securities Corp., Indianapolis, on May 26
offered (to residents of Indiana only) an additional 2,000
(& Subs.)—Earnings—
taxes.;
income
profit
Conrad
2,000,000
splitting
on
Period End. Mar. 31—
Exchange,
fered—City
before
were
has
1,
Utoitcd States Finishing Co.
wa«
from
and
ended
Mr.
aftseir the
Co.—Secondary
West Penn Electric
2474,
p.
"
•
Court Clears Way
Per
the
stock
each,
Power
Walter C. Hemingway, who has been Vice-President and General
Manager of the Federal Shipbuilding & Dry Dock Co., has been elected
President
of
Pittsburgh Steamship Co., succeeding the late A.
H.
Interest
fares
July
Johnson, Director of Advertising.—V.
Grant
$17,500
Wesson Oil & Snowdrift Co., Inc.—Plans Split-Up—
stockholders on July 26 will consider increasing the authorized
in
—V.
at'
Warren
West Virginia Water Service
United States Steel Corp.—New President of Unit—
Rt Ei
Net
$4,076,857
and
1947
The
167,
1947.
r
before
in
$19,711
166, p. 708.
D.)
common
Reclaiming Co., Inc.—Rights—
Balance
■
State and
of
to NASD members.—V. 165, p. 1238.
they
will be accepted pro rata.
No record date or subscription ratio has
been set and no subscription warrants are being Issued.
The privilege
expires at 3 p.m. June 22, 1948.
V. :7\
lute
co^norst'on
nl^o
has
'u^ugurated
television
advertising
in
Chicago, New York and Los Angeles, to be among the first transporta¬
tion; companies to take advantage of this new
medium, according to
Profit
accounts
20,000 shares of common stock.
$19.75 per share with a concession of 75 cents
$1.87
,
Another
under
program
on
Islands,
company.
doubtful
Boston Corp. completed June
3,404,428
..
preferred dividend of $2
a
entitled
are
debentures,
Amort,
Reduces Fares to Hawaii—
Hawaiian
(S.
for
reserve
1946.—V.
—V. 167, p.
Stockholders
the
a
presently has outstanding 1,848,087 shares of common stock,
of 4>/2 %
cumulative preferred, 36,750 shares of man¬
stock, $11,880,000 of 20-year 3V2%
debentures due Feb. 1,
agement
As
$8,608,926
603,334
j,.;,
foreign income taxes.
According to notification
Certain
shares
1967;
,"j,
;
■.
share.^...
common
Operation
the offering will be made
97,773
104,681
180,220
1,418,503
$4,601,164
per
on
Co.. Inc.
time,
104,681
180,220
$3,813,245
♦After
$8,341,086
:
United Telephone
with
statement
common'stock.
par)
involving seniority and compensation.
by a group of underwriters headed by
handled
37,066
991,700
1,559,620
....
Total
in
week
income
See
President,
right
so
150,000
36,495
991,700
'
...
MONTHS
THREE
stockholders of this
corporation have been offered
the privilege
subscribing at par to an aggregate of $300,000 principal amount
4«/2% subordinate convertible debentures due June 1, 1962.
Inc.—Registers With SEC—
June
on
other purpo.es during 1?48 and future years.
a
209,362'/2 shares)
Capital surplus
267,840
........
U. S. Rubber
■'
"
_
United Air Lines,
SEC
FOR
1948
an
2366.
The
100.000
a.
—-
It
aggregate consideration of $5,000,000. Such funds are to
be applied toward defraying the costs of the large construction pro¬
grams of Union and its subsidiary, Union Electric Power Co.—V. 167,
p.
31,
2474.
P.
and
1949
cumul. pfd.
Other
Net
257,528
421,761
284,712
due
Earned surplus
(& Subs.)—Earnings—
....
Federal
for
♦Earnings
capital
stock: for
quarterly
payable
_
funded
on
♦After
Raising Additional Capital—
company on May 28 asked SEC permission to sell to its parent,
American Co., an additional 105,000 shares (no par)
common
North
pre¬
556,000
6,001,000
Union Electric Co. of Missouri—To Sell Stk. to Parent
The
new
(net)
income
Provision
12,781,000
—
—
223,902
—
income
on
($50,000
security deposits
stock ($100 par value per sh.)_
Common stock without par value (outstanding
7%
$2.50
EARNINGS
profit
income
Total
1947
is said, is considering raising additional funds for
and other corporate purposes.
The company has filed a
supplemental prospectus with the SEC.
Br the supplemental prospectus the company stated:
"■ "Plans are now
under consideration
for raising additional funds
for working capital and other corporate purposes.
"The
company
expects to make sales of automotive accessories
through its dealers and distributors prior to production of automobiles
on an
assembly-line basis.
"It successful
In such
efforts the company
and Its dealers and
distributors will have some profits against required expenditures In
getting production and distribution under way."
The prospectus also disclosed certain changes in the car's plans,
including use of a four-speed transmission.
Earlier the corporation
hadi said it would use a torque converter.—V. 167, p. 1631.
Corporation,
of
after all returns, discounts, excise and sales taxes,'
and
allowances
_____$130,536,932
Cost of goods sold, selling, administrative and general exps. 122,195,846
NOTE—Comparable
working
become
ana
transportation
v
Tucker Corp.—Considers
shares
their
•Foreign
2,106,000
17,494.000
29,398,000
3,197,000
—
ton-miles
Rewanue
1950)
taxes
banks
to
Drivers'
Operating
1948
1947
183,186,000 138,557,000
passenger miles—
Bxoress and freight < ton-
l »/2
forward
now
Net sales,
Other
-Domestic1948
Rew,
$1,771,084
*
for Federal
payable
of
ENDED MARCH
the first quarter
for
1947 follow:
the comparable period of
and
$2,278,730
$3,573,681
$1,202,250
Operating loss
this, year
receive
may
2367.
p.
CONSOLIDATED
,
Operating
and
share
United States Rubber Co.
PRELIMINARY
1947
taxes. Interest and
into two $2.50 par shares.—V.
'
$8,290,902
11,864,583
1948
$13,073,881
" 14,276,131
revenues
each
stockholders
,
„
——Domestic
Operating
Corp.—Exchange Under Plan-
preferred
corporation
exchange
Aug.
Notes
17,355
—
sundry expenses
Provision
financing
announced
is
—
2nd wages,
salaries
$498,038
17,355
$314,560
payable
shares of preferred stock which is callable at $10
,
,
follows:
as
an
1,
divided between domestic and foreign operations
were
mean
present, outstanding preferred
and accumulated dividends, in accordance with terms of a
recapitali¬
zation plan approved at the annual meeting
April 23.
Dividends on
the new preferred accrue from May
routes,
of
of
ferred
*22,115,292.
revenues
Its
certificates
aggre¬
$18,634,313
foreign
to
of
company
to Jan. 1, 1948.
He estimated
additional $2,500,000, before taxes, for
United States Radiator
down to $3,914,235,
was
the
retroactive
because of its excellent dividend record."
The
stockholders approved an amendment to the employee retiremnt
plan involving a special contribution to the retirement fund
amounting to $450,000.—V. 167, p. 2073.
Inc.—Earnings—
compared to a net loss of $5,853,651 for the same period in
Although operating revenues increased 46% in this period,
that
Accrued
a share, John M.
Hanes, Chairman of the executive and finance com¬
mittees, replied that the board thought It best to have a small amount
of such stock outstanding.
He explained that it would serve "as a
operations
announced May 26 by Warren
was
year
confidence
ac¬
this year, and $5 million annually for subsequent years
have in operation all of its 40 owned C-2 Cargo ships.
will
not retire
Trans World Airline's
in
expressed
Dividends
Bradley, Secretary of U. S. Lines, was elected a director
to
succeed
Howard Bruce, Chairman of Worthington Pump & Ma¬
chinery Corp.
In
response
to a stockholder's question why the company does
were
Transcontinental & Western Air,
who
-
payable—trade
re¬
Charles F.
basis
deduction
Co.,
payments
should
subsidies
company
when
elected: Harry Brandt, Robert Daine,
Norman W. Elson, Jay Emanuel, Percival E. Furber, Percy N. Purber,
William M. Girden,
Herbert S. Herrman, J. Whitney Peterson, Lee
Shubert, Jacob Starr, Joseph Viertel, Ralph Wiener, Milton C. Weisman and
Philip G. Whitman.—V. 160, p. 2008.
The
subsidy
LIABILITIES—
Accounts
Lines
States
get
that
Treasurers.
Assistant
and
will
member of
a
Monday, June 14, 1948
Maritime Com¬
company's
United
the executive committee for the
past lour years, nas been elected
President, succeeding Percival E.
Pucber, who succeeded Percy N. Purber as Chairman.
Other officers
elected are as follows: Norman W. Elson, Vice-President; Albert D.
Birfcltson
Vice-President, Secretary and Treasurer; Aquila Giles, VicePresident; Herbert S. Keller and Arthur Sheinberg, Assistant SecreWilliam
CHRONICLE.
negotiations with the Maritime Commission for
sumption of subsidies shouid be completed in about two months,
cording to Colonel
Raymond M. Hicks, Executive Vice-President
The
"This corporation
of
FINANCIAL
i
mission.
Chairman of the board, on June 9 stated:
is embarking upon a program" of acquiring theatres
expects to be able to announce in the near future the acquisition
E.
&
the company has applied to the United State
for which
Expansion—New Pres., Etc.—
Trans-Lux Corp.—Plans
Percival
COMMERCIAL
THE
(2584)
common
per
.....
—
stocks.
share
common
;
COMPARATIVE
BALANCE
in
banks
on
♦Accounts receivable
Inventories—at
Prepaid
expenses
of
cost
254,201
or
market
and
equipment
Period End. May
—
167,
p.
$
:,
47,107,630
-
1948—5 Mos—1947
$
S
44,985,736 224,211,268 209,435,518
2301.
-
226,273
43,331
50,018
40,201
1,600,406
(less depreciation)
—V.
1,360,576
,
York
$3,813,245
$4,076,857
Corrugating Co.—Declares 50-Cent Dividend—
The directors have declared a
June
70
25
cents
paid
Total
1948—Month—1947
31—
Sales
1,862,665
63,849
....
Cash surrender value of life insurance policies..
Plant
$537,I'M
1,217,598
...
the lower
Dec. 28,'46
$833 860
hand
167, p. 1264.
Woolworth Co.—May Sales Increased 4.7%—
$
Dec. 27,'47
and
Briggs Manufacturing Co. above.—V.
(F. W.)
SHEETS
ASSETS—
Cash
See
30
to
cents
share
on
was
June
20.—V. 166, p. 2356.
dividend of 50 cents per share, payable
June 15. A special distribution ol
5, last. In 1947, the company
15, 50 cents on Sept. 25 and 30 cents on Dec.
'
stockholders
per
of
record
made on Jan.
Volume 167
Number 4707
THE COMMERCIAL ft
Stock Record
FINANCIAL
CHRONICLE
New
«»
(2585)
Stock
Exchange
DAILY RANGE OF PRICES
Range for
STOCKS
87ft
Jun
80
45ft Feb
11
55ft Jun
14% Feb
11
Jan
42
Apr
6
Oct
28 ft Feb
13
23% May 15
46ft Jan 27
39ft Jun 11
Feb
7ft Feb
10
22 ft Feb
20
38%
Feb
Dec
3%
112
Dec
16 Ye
Dec
Feb
101
Jan
2% Mar 15
Feb
7
27 ft
Dec
48 ft
Feb
~90%
Nov
10 ft
18
Dec
90
Apr
12% Nov
May
May
■
202
Nov
22 ft
29 ft May
30
Jan
Jun
109
2
96
11
Mar
198
39 ft Mar
Dec
11
34% May 20
Mar
8
25
Feb
81
Mar 24
11
30"
37 ft
May 15
91
Jun
105 ft
July
30 ft May
42%
Oct
33 ft Feb
11
42 ft
91
May 27
99ft
Oct
86
25
98
Jun
Jun
14ft May
»ft May
46
36
107
Dec
83% Feb
50ft
Dec
11%
Dec
Dec
42
50
20
121
Mar 11
52ft Jun
13
10
68
Mar 22
27
May 15
May 19
Jan
Jan
18% Mar
9
58ft Feb
9
9
May
17%
Feb
50
Feb
x35ft Mar 19
Dec
110 ft
Nov
103% Feb
26
3ft May
75 ft Dec
7%
Feb
3% Feb
70
9% Mar 17
May
11
Mar
76ft Feb
6
Sep
167 ft Feb
21
166
Deo
196 ft
36
May
54 ft
Feb
37 ft Mar 16
94
May
115ft
Jan
01
Mar
8
20 ft May
28 ft
Feb
18% Mar
5
110
Feb
47 ft
Oct
56
Aug
43
19
Sep
26ft
Feb
16ft May
18 ft
Dec
24
Feb
16
Feb
1102
Mar
88
Jan
176
10
Dec
Deo
101ft
Deo
i
48% July
118 ft Oct
25 ft May
46
3ft May
6%
\
16
Dec
2
Dec
20 ft July
6% Feb
86
Dec
115 ft
7ft
Dec
25 ft
Dec
101ft
42 ft
49
Jan
55
108
22
19
Jan
5
65ft Mar
6% Mar
65
4
Mar
43
20% Feb
6ft Feb
25
Jan
88
30%
53
6
Apr
11
5
Feb
95% Feb
92
Jan
15
13
26% Jun
27
108
6#
9
7#
Year 1947
I per share
18 V*
f per share
Jun
80
Deo
7%
28%
15%
x25% May
:
Deo
8%. Deo
18% May
,
85
16
79% Feb
5
213/4 May 24
943/4 Jun 10
6% Feb
11
10 ft May 27
July
14%
76%
24% Mar
125
9
Feb
7
Feb
17
Feb
29 *
Feb
10
Feb
129 ft
Dee
48% May
149
117 ft
Dee
Feb
81
Feb
72 ft Feb
13
164ft Apr
6
69
Apr
135
Dee
41% May
*118% Oct
7%
96%
Dee
Jan
May
Jun
9
25
42 ft
:
14
Oct
38 ft Feb
11
46
463/« Feb
11
70ft
172
'
Dec
July
139
Feb
149% Jun
12 ft Jan
10
16 ft Feb
Jan
May
May
Oct
27
Feb
Mar
34
Jan
Feb
40
15%
16% May 21
176
22%
37
116
86 ft May 14
,
16%
<
317
131
28% July
Jan
47 ft
50
Dec
Feb
82 ft
60-
Dec
120% Aug
8% Dec
35 ft
27
140
;
'
May 18
$5
7#
Amer
Jan
26
35 ft Jun
9
American
6#
non-cum
Stove
147% Mar 17
54 ft Mar 29
132
41
May 21
129
Jan
158% Jun
68 ft Jan
Apr
15
144
46% Feb
14
70
116 ft Mar
7
Feb
6
11
60ft Oct
110% Feb
95
76% Mar 16
36 ft Mar 17
Jan
21
6
20% May 25
120
Mar
"
10
5
9
May 26
Jun
10
83/a Apr 22
55% May 24
104
Jun
2
111ft May 24
8 3/# May 21
Mar
30ft Feb
11
41ft May 27
Anaconda
58ft
Deo
30
10
45ftJun
Anaconda
81
Jan
50
Nov
101% Nov
111% Mar
48% Jan
14% Apr
t% DM
58% July
54% Dee
18.
For footnotes
-
see
17
18
38 ft Mar 19
May 19
38 ft Jan
2
No par
10
106ft
38
;
393/8
106
42
*6%
.
%
•
:
v.
70%
ii
v,
,v
*93
95
*93
1,300
95
39
40%
106
ft
39%
106
38%
40
*1053/4
106 ft
107
1,100
40
4,400
13,665
-
41ft
7
42 ft
7
403/4
7
N-: /:v;:
41
7
v*.-r'
39 ft
39 ft
39%
.-
6ft
39
>
7
I
r '
:
/
Par
9 pet: share
No par
100
26:
63/a
253/4
X25 %
25%
24 ft
25%
AND
19 ft
93/4
v.; *9 %
93/4
32%
32 ft
131
32
131
131
8ft
STOCK
80%
153/4
16 'A
32
9%"
►171
9%
7
Tobacco
7/
5
par
com
1
25
Cepper Mining
50
157%
58%
92%
93
93
823/4
83
833/4
2,000
16 ft
16%
16 ft
44,300
65
ft
ft:
19
38 ft
19%
126
19 ft
.;
157%
158
59 ft
58%
68
7%
118 ft
73/4
X141
11
Anderson-Prtehard Oil Corp_
Andes Copper Mining.
51%
18
X43 ft
43 ft
19
158 %
59 ft
20
i
'7%
50
7%
7%
*62
39 ft
42 ft
56 3/4
57ft '
28%
29
29
•lift
52 ft
7%
163 ft
34
550
34
135
135
900
10
35%
7,800
26 ft
900
♦19%
158%
.
57
119ft
119%
19 ft
19 ft
393/8
383/4
126
•126
19%
158%
19%
Xl56%
-
58%
57%
142
141
693/4
69 ft
120
•119ft
20 ft
1,200
39 ft
2,500
128
300
193/4
900
156 ft
25,200
57%
12,300
142
690
70
5,400
119ft
7%
73/4
533/4
52 ft
53%
103ft
103ft
*102ft
103ft
*102ft
1053/4
1053/4
105
*102
470
103ft
107
53
7%
♦62 ft
393/4
105
66 ft
39%
40 ft
43%
550
9,500
34 ft
126
583/4
7%
323/4
900
ft
67 ft
26 ft
39%
-
19%
66%
106
159
34%
135
5,900
•
35%
19 ft
39 ft
128
158 ft
24
42
ft
100
10%
26 ft
119ft
56%'
12%
CO
58 ft
162
1,600
26
119
105
•12
f—4
•
,118ft
*103
42 ft
19 ft
24
42
66
18,500
173 ft
10%
ft
10 ft
35
*
68 ft
105
393%
160
*132
70
103 ft
39
39 ft
*171
67
*34
135
35 ft
*193/4
42
69 ft
*102 ft
7ft
161ft
26 ft
*126
ft
65 ft
;,34ft
35
24
24
42
•
10 ft
10%
70
503/.
66%
:.
67
•'! 26 ft
•
19 ft
1043/4
7ft
34 ft
*132
;
39 ft
127
49%
•62
161
34 ft
135
•102 ft
•98
66 ft
"•:>
173 ft
68 ft
32ft
20
24 ft
•
10 ft
140%
105ft
14.
24 ft
-
*171
152
33
31% Jun
10%
151ft
106
Co
173 ft
141
33
&
-
66
343/4
42
Corp com—12.50
Nopar
Anderson, Clayton
*171
10 ft
44 ft
26 ft
106
Anchor Hock Glass
$4 preferred
10
/
162 ft
33 ft
Nopar
11
:/
171ft
*25%
19 ft
143
118ft
400
16 ft
161
39
67
10%
500
82 ft
v; 43%
127
142
10
110
8ft
34
92
*34
25
10 ft
133
8
*32
16 ft
*132
19 ft
133
.
82 ft
34
.5
W
33
913/4
135
100
'
8ft
323/4
2,700
163/8
34
38 ft
133
8ft
'.
100
600
333/4
82
♦132
*125
•131
8%
i-xt
ft
8,500
V
91ft
25
100
133
34
9ft
163/a
100
33
33%
9ft
333/4
81%
171.
643ft
26
r.
it?;..
.
Mhmree
193/4
94 ft
16
162 ft'
19
9ft
ft
94 ft
'
81
.
24
26 ft
9ft
tperehare
19
■K-
10 ft
233/4
; '33ft
\srft
20 ft
'94%
91
23 ft
Nopar
19 ft
/ '
Bales for
the Week
' 9%
23 ft
No par
No par
100
91
174
44
200
12,500
Friday
:
/ I per share
-1
32 ft
17%
26 3/8
109
June 11
;
*
943/4
10
26%
♦107
2,300
XV.
19%'
10 ft
■■
Thursday
943/4
*8 ft
17%
263%
110%
June 10
32 ft
10%"
64
17%
26 %
*107
33 ft
♦131
8%
33
103/8
43%
173/8
18%
263/8
*9 ft
103/4
161
Cable
*32 ft
15
323/4
:
10%
common—No par
Zinc Lead At Smelt
85 prior conv preferred
*8 ft
81%
EXCHANGE
'•/
4941/2
1,100
92
15
PRICES
19%
:
1,900
7,600
7%
*82
15
1 per share
v
7g/8
92
June 9
94 ft
8
*82
xl5
Wednesday
19%
93 ft
*73/4
7%
15
108
BALE
I per share
193/4
8ft
CLOSED
26%
108
HIGH
93 ft
91
100
*17%
26
110%
19 ft
91
No par
No par
18%
*17
■
92
14%
•92 ft
32
8
*82
14%
June 8
No par
eom
7%
92
Tuesday
par
No par
com
'
*106 ft
>
1,500
483/4
25%
7,700
1,000
-
6ft
*473/4
x25%
~.
9 per share
131
40
6ft
June 7
93/8
39
48%
14%
110%
313/4
40
6ft
Monday
June 5
393/4
*473/4
LOW
Saturday
40
6%
*82
is%
25ft
123/s
62
483/4
14%
*107
12%
62
6%
7%
92
1,000
72%
12%
63
♦473A
253/4
14%
72%
12%
62 ft-
6%
7%
*82
72
12 ft
62 ft
ft
48:%
25%
*17
3ft
6ft
7%
r
71
7
*47%
49
25%
i.
/,s^■■
71
12
62
7%
1
71
113/4
61ft
25%
No par
100
.70ft
ii
61ft
6ft
'
70ft
3 ft.
ii
393/440
"-/./v.•
3ft
:
62ft
V 4*60ft
*47%
Jun
page 28.
393/s
105%
6%
70.
•v
1
Jun
Apr
'
50
60
11
2,600
213/4
94
"
40 ft
38 '
6%
1
com
107
Mar 17
7
No par
5
8
800
21%
213/4
v
♦92
600
4
18 ft Fab
19 ft
21
21%
94
50
8,200
1,100
100
9s
19 ft
213/4
21ft
19
1083/4
3%
46% Mar
5
21ft
106
18%
19
*18 ft
25%
3 S/8
Amer
Wire
19
*92
39%
49%
*107
3ft
98ft Feb
Jan
Feb
67
22%
; 94
50
253/4
1083/4
3%
preferred
100
$4 conv prior preference—No
par
58%
Feb
2,100
50
*25 ft
3ft
7#
Jan
6
*18 ft
*107
50 ft
50 ft
3ft
Water Works Co Inc
American Woolen common—No
Apr
62% Jan
; 18%
26 ft
1083ft
50ft
2,600
Am
10%
25%
26
♦107
108%
17 ft
preferred
42
300
17%
American Viscose Corp common—14
5# preferred
100
89 ft
4,100
99 ft
48
♦983/8
*6%
17 3/8
American Tel At Tel Co
American Tobacco common
6#
500
48 ft.
48%
1003/4
17
Co
Sumatra
175 ft
48 ft
17 ft
American Sugar Refg common
7#
preferred
American
175 ft
175
*98%
17%
Stores
American
175 ft
99
175
16%
common
American
3,600
*17%
Foundries
5
8,300
17 ft
preferred
22
Jan 21
•
100
Steel
5%
883/4
17%
Ship Building Co
Smelt At Refg
53/8
873/8
48%
88
26
400
5%
873/4
99
493/4
111
5%
48 ft
25 ft
♦110%
600
3,500
873/a
174 ft
*107
43
5%
99%
26%
133/4
43
88 ft
48
47 ft
133/4
111
16 ft
100
7#
preferred
American Snuff
53ft
150
133/4
43 8/8
43 ft
111
*17%
American 8afety Razor
American Seating Co
Am
133/4
43 ft
111
17%
preferred
5% May
89
May
50% May
Dee
San'y
43%
900
16ft
preferred
Amer Rad At St
*65
88
50%
'
66 ft
175
*98
108%
39%
27
65 ft
14
88
98ft
5,000
67
26%
66
*110
5%
58%
26%
*57 ft
26 ft
,
174
' 47%
Nopar
Nopar
Light
Apr
18
5ft
'
25,700
57 ft
133ft
43
1,700
9ft
57 ft
26 ft
25%
*64
111
v
59
2,600
'
50 ft
8%
9
17%
preferred
Amer Power At
$6 preferred
58%
115%
50
'
16ft
Amer Mach St Fdy Co com
24 ft Jan
34 ft Feb 13
116ft Mar 15
42 ft
5%
106
Amer Machine At Metals
No par
American Metals Co Ltd com.No
par
6# preferred
100
American Molasses Co
1
American News Co
No
27
May 10
103 ft
Feb
12
26
110 ft
21%
'
100
22 ft Mar 12
Feb
163% July
Mar 19
27
Apr
68 " May 27
163ft Jun 11
Mar 10
Apr
May 15
57%
114%
1,500
\
17%
■
cum
51ft
8%
3ft
500
6ft
49
16ft
•••.
3.90#
115 ft
x50%
9ft
8
253/4
'
.i
114%
52 ft
6
*47
„
17%
preferred
18
Oct
174% Feb
9
25% Feb
29%
146 ft
Mar
2
95 ft May 14
21
12 ft Feb
Oct
158
Jun
11
Feb
Dee
91
Feb
17
35% May
23% Jun
136%
8 3/4 Jan
33 ft May 21
lift May 15
6ft Feb 28
186
*
Dee
>
34 ft May 15
133
Jun 11
.
Mar 23
16%
0% Auf
•0
9
39%
15% May
54
Jun
65%
Mar
Dec
11% May
170
Doe
39
Sep
Deo
7
I per share
116ft
52 ft
9
57ft
v
6ft
49 ft
116ft
52
8%
6ft
*47 ft
49
16%
EXCHANGE
Feb
32 ft July
147
•
9 per share
116ft
52
6ft
*48
-3%
preferred
Highest
Jan
101
Dec
127
Lowest
30
116
30ft
6
-
.
400
9,300
1,200
,
40o
STOCKS
NEW YORK STOCK
Range since Jan. 1
Highest
30
30ft
6
49
42 ft
V 37
No par
American Investment Co of 111
American Locomotive common
3
Jun
non-cum
30%
30%
6
91
'
American International
Corp.No par
10
30%
*30
*47 ft
110%
25%
■■■'■
1
American Home Products
American Ice common
May 21
97 ft
com„No par
No par
American Hide At Leather
6# conv preferred
5
17% Jun
18% Mar 17
Jan
5
•
20
$7 2nd preferred A
preferred
May 17
Jan
preferred
413/8
97 ft
133/4
*92
preferred series A_100
Distilling Co
Foreign Power
41%
66
--y
10,300
*90ft
*13 ft
*49ft
100
2,900
36
903/4
*64,
*18
..10
com
♦90%
35 3/8
97 ft
8%
♦107
..'■••tf-.T'
./'/
31 'A
31%
36
52
98ft
10
*30%
303/4
35 ft
41%
115ft
47
100
193/4
90%
88
com
3,400
19%
97ft
176
_10
2,400
20%
*19%
41%
5%
tv/i?-
lift
1943/4
30%
20
100
11
193%
36%
6
110%
100
900
91
57
" '
200
3,200
98
30%
42
I-"'
*95
11
194
35%
91
74%
33%
100
10%
192 ft
1,600
109%
*108%
413A
87%
;
♦95
10%
195%
303/4
13 ft
W
100
10%
195
*74
33%
108 ft
97
*174 ft
100
73%
32%
108 ft
41%
25
No par
*72
33 ft
*19%
66
No par
73 ft
108ft
35%
25%
CLOSED
3,300
96
100
$6
Mange for Previous
Lowest
1
49%
-
*12 ft
STOCK
49%
20
*64 ft
EXCHANGE
493/4
41%
57
:
49%
31
*90%
25%
—1
3,300
96
.8%
•:
49%
35%
50
•v;sift
J"
49%
40%
*5%
*48
/ :
493/4
97
*ii4%
100
American Hawaiian SS Co
26% May 20
8ft May 21
16
10% Feb
13ft Jan
$7
12
7% Jan
11
May
Oct
116
43 ft
10
Nov
13
14 ft
77% Jan
20
5ft Feb
Amer Si
13% May 18
4
37 ft Jan
conv
'
.
80
49%
40%
,
30%
.
.
80%
30%
-
91
40
V'
21%
ft
*19 ft
35 ft
_A:97
No par
American Encaustic Tiling
American European Secur
American Export Lines Inc
Apr 15
4ft May 15
89 ft Jan
9
3
Jan
10 ft
Dm
Jan
2
106 ft Mar
May
18ft May
2
Jun
90
It
Jan
3ft#
American
7% May 20
17% May 18
Oct
X34ft
Apr
Oft May
Feb
20
30%
2,400
213/s
80
4
♦94ft
10%
*90
Nopar
4ft# prior preferred
American Cyanamid Co
49% May 21
Feb
22ft July
6
May
4
Jun
100
195ft
35
-10
preferred
Colortype Co—
American Crystal Sugar
3
92
16
Apr
9ft
22 ft Jun
11
1
conv
*93
194ft
3%
21%
323/4
Vsl0%
16,300
112
3%
80
50%
108
10%
1
100
American
33
108
25%
24 ft
21%
73 ft
195%
:
1
Inc
75
32
3,800
15,900
80
3%
493/4
107
••
200
39%
21ft
3%
*73 ft
13,200
82
49 %
•
No par
1
American Chicle Co
Apr
26
5
Feb
July
6ft May
37
5%
May 18
20
23
<•
30%
50
Cable
51
14 ft Mar 16
Jan
74ft
107 ft May 13
Chain At
4
94ft Feb
17ft July
Amer
41ft May 26
107ft Jun
3
Feb
Jun
3
21
1,900
23
14%
*105
4
3,000
45%
39%
112
3%
54 ft
X14
■'
25%
*105
3%
♦80
49 ft
31%
*19 ft
com
class A-
20%
82
24%
112
3%
3%
194ft
,
.
Chemlcal-No par
24
13
,
No par
100
com
X20%
10%
1
No par
common
*105
3%
*80
75
31ft
112
3%
,
3%
-*73 ft
1
preferred
American Car At Fdry com
7#
preferred
May 21
*105
-
100
7%
21
27
253/4
112
107 ft
4% conv preferred
Amer Cable At Radio
Corp
American Can common
4
25
Jan
13
Jun
49ft Jun
28
Feb
3
100 ft Jan
:
5
33ft Feb
88
38ft
104 ft Jan
Jun
14
49
^
54%
*45
393/8
13 ft
•94
preferred
American Bosch Corp
Amer Brake Shoe Co
6ft May 18
92% May 14
38%
133/4
48 ft
par
common
conv
American Bank Note
6# preferred
14% May 14
43% May 15
111
Agricultural
cum
39
13%
25%
3ft
5
American Airlines
3ft#
38
13 ft
,900
5%
22%
25%
Share$
76 ft
95
5%
54%
13
<
:•?,
convertible
Amer
Mar 22
6
77ft
105 ft July
9
7ft Jan
453/4
25
80
preferred
50
Amerada Petroleum
Corp—-Nopar
May 21
51% Jan
31
99
6#
23
*45
22%
5%
12%
80
<■
No par
Alpha Portland Cement
Amalgamated Leather Co
2
Apr
36
107ft
Jan
Mar
80
20ft May
65 ft Dec
*
May 21
6ft May 17
Mar 18
x22 ft
*45
3%
preferred
Allls-Chalmers Mig common—No par
3ft# cum conv preferred
100
3
23
45%
22 ft
107
4%
31
Mar 16
46
34ft May
7
8
5
Apr
1
Mar
80 ft
25ft Mar
Feb
61
Jan
73
Jan
8ft
Feb
3
5%
54 ft
37%
No par
Allied Mills Co Inc
Allied Stores Corp common
6
55
45 ft
20 ft
Allied Kid Co
5%
543/4
21ft
3%
*
76
*85
5%
45 ft
gtd_100
Allen Industries Inc
Allied Chemical At Dye
May 17
753/4
54%
37%
Balee for
tho Week
J per share
95
5ft
45 ft
20 ft
1
6%
753/4
*85
25 ft
*105
100
$4.50 preferred
Allegheny & West Ry
75%
95
53%
.
21%
5
Allegheny Ludlum Steel Corp.No
75 %
♦85
37
10
:
75
95
Friday
June 11
I per share
24%
100
common
Thursday
June 10
I per share
12 ft
5ft% preferred A
100
$2.50 prior conv preferred-No par
24
21% Jan
21ft
37
1
No par
common
preferred
75
53 ft
PRICES
Wednesday
June 9
*85
5%
*44 ft
.
21
28
Oct
4ft#
23
lift Jun
3
Inc
75 ft
53 ft
No par
SALE
.
I per share
95
5ft
1
Corp
Allegheny Corp
13
18 ft Mar 13
"
90
May
May
May
Apr
34
7
Mar
8% Feb
X171
Feb
36 ft
75
24% Feb 28
107
104
Aldens
4% May 15
50"% May 14
10
Nov
75
♦85
HIGH
June 8
tper share
.10
Admiral Corp
Air Reduction Inc
Alabama Ac Vicksburg Ry
Alaska Juneau Gold Mining
4% May 20
75% Mar 19
9 per shara
Addressograph-Multigraph Corp__lo
21% May 21
80% Jun
2
37
76%
Adams-Mlllis
11
14
70% Jan
Jan
Acme Steel Co.
Adams Express
May 15
May 18
26
Feb
56
164
108
3ft Apr
44
,
14% Jun
27 ft
Mar 11
14% Feb
-
102% Aug
5% Feb
2ft May
25 ft May
6ft
31ft
t
Dec
75
Feb
1
Co
AND
Tuesday
June 7
-No par
-No par
2.50
com
.
Motors
Monday
June 5
Abraham At Straus
ACF-Brffl
9
Oct
10 ft
NoV
Abbott Laboratories
2
Oct
40 ft
Saturday
Par
May 14
6% Jan
55
May
29 ft
100
18%
30ft May
100
79% Jan
6
11
60
13 ft May
38
May
6
Feb
4% Feb
Feb
LOW
STOCK
EXCHANGE
Sper share
64% Mar 17
July
10ft
Apr
$ per share
Jan
110
Dec
NEW YORK
Lowest
t per share
66% May
8%
Bange since Jan. 1
Highest
Highest
f per share
Uft
FOR EVERY LISTED ISSUE
Previous
Year 1947
Lowest
90
WEEKLY VOLUME OF TRADING
YEARLY RANGE OF SALE PRICES
43 ft
32 ft
•105ft
8
443/8
32 ft
107
7%
*62
7%
8
7%
66%
393/4
•
1%
52
43 ft
43%
*62
40%
'30ft 32 ft
ft >107
/* 105
39 ft
-
43
•■31%
:
7%
2,900
52 ft
12,200
7%
60%
39%
'
J —•'
18,500
43%
1,960
313/4
3,500
107
107
57ft
29%
*57
57ft
58ft
60
60
293/«
29%
29 ft
30%
30ft
31%
12
•12ft
12%
*12 ft
12%
*12 ft
12%
'60
100
200
3,300
350
9,300
26,600
>17
# per share
Highest
8 per
6 per share
share
6%
Peb
Oct
28% Feb
24% May
37%
Feb
25% Feb
11
Oct
91% Feb
16
41% Feb
10
Jan
29
55
,Jan
91% Dec
t
110
Feb
88
~8ep
17%
10% May
56% Jun
Jun
18% Jun
Dec
20%
Feb
Dec
132%
Feb
100
16
111
May 10
«ft
1st
99
Dec
134
Feb
94
Mar 12
104
Jun
11
7ft
2d
Dec
34
Sep
26
Jan
5
35
Jun
11
25
Feb
19% May'27
24.
61% May 18
Atlantic Coast
47% Mar
1
Atl O St W I SS Lines
78% Mar
5
115% May 15
Feb
96
Mar
Feb
14% Feb
40% May
59
Feb
45
23%
34%
Feb
25% Jan
6
68
Jan
22
Dec
30
Feb
21
Sep
102
Feb
9
114
99
99
Jan
Dec
112
!
Jun
31%
40
Apr
113%
Nov
"
91
Mar
77
Jan
62
105
91
Feb
9
20
Feb
11
73
121
July
Dec
18%
Feb
13
Jan
Dec
29%
Jan
12
May 28
Dec
27% Jan
4% Feb
•'
105%
105%
18%
18%
18%
58
57%
59
36%
37
37%
-
Co__
V
104%
104%
800
18%
18%
3,500
13%
57 %
59
37%
37%
46
59
37%
1,200
1,600
72
*68
45 5 a
112%
98%
98%
99
99
99
23%:
23%
23%
22%
23%
23
23%
54
54%
54
54%
53%
109%
*22%; "25 f...
<•
7%
■.
/
109
45%.
'
109
25
*22%
25
8
109
*7%
15%
109
;
,
1,670
112%
112
,
*109
8
710
'
•
4,000
1,140
.54
110
*
6°;
n
15%
ii
12%
17
17%;
*14
13%
17
-
1
6
*14%
12%
12%
112%
17,500
46%
45%
46%
112
*22%
r 7%
.
*14%
:
is -
17'-' i —
10,000
38
*58
72
98 %
99
♦103%
7%
•;
104
*68
"
24-% f'i
17
114%
111%
98,
Ill; /
12%
80
114%
45%
Ill
;
;
2,800
..
115
;
13%
72
50
35
111%
44%.
-
,
22%
93
*14
No par
——
•68*
75
160
104
34%
34%
55
44%
111% ..."
♦108 %
prior pfd ($1.20)
104
105%
*68
100
No par
''114
36%
75
7%
114%
34 %
6,300
109
104
104%
113%
.
57%
36%
*103
34%
18%
*108%
109
109
104%
33%
17%
♦68
*22%
r
105%
*56% "57%
'•
103
*103
,
33
«111%- 113%
18
44
108 %
108%
1Q5
32%
200
1,700
.
17%
4
J1*
15%
12%
13%
7TB
*7%
-
16%
!
25
*22%
—
*14
300
;
15%'.'/''
12%
12%
I6V2 -5;
;
3,200
-
'
17
17
1,000
■
28
$$.$•
2
46
45
No par
preferred-*
eonv
jKi 6%
6%
6%
common—J
Mfg Corp' (The)
Avco
17.'
7 % May
Jun.
i
35% Jan 22
Feb
49
D»o
36%
Feb
7%
4% May
..
Conv
18%
*35%
Automatic Canteen Co of Amer—5
8-
18%
108%
980
17
18%
*103
550
18
18%
54
common
*17
18%
106
17%
.'"
18
*17%
5,000
.
114%
113%
114%
18%
32%
*104
No par
98%
320
99
17%
<53%
i
99
22,400
■
56%
99
111%
18
770 1
103%
56
*16%
No par
Nichols
Autocar
10
Jan
19
19 % Jan,
15% Apr 23
•17
23
preferred
96%
114%
114
♦102
56%
1
22,800
14%
103%
1
56
16%
22%
Corp
98%
113%
14 Vs
14%
-
103%
16%
111%
conv
Austin
21
16% May 21
26
13
4ft
Atlaa Task
56%
>
98%
14
103%
56
16%
111.— 112
—
14%
•102
55%
16%
108%
98
14%
14%
103
16%
103%
100
25
Atlas Powder common
9
9 % May
5% Mar 12
17%
15%
Jan
Corp
100%
16%
preferred series A_;i0O
series B
i_100
5
conv
Atlas
24% Jan 20
20% Feb 25
12% Feb
5% May
4ft
x99%
100%.
100
18
32%
Preferred $3.75
8
100%
xl7%
108%
common
preferred
Refining common
99%
17%
103
No par
1
Eft
Line
non-cum
Atlantic
10
May 22
Jun
114
Mar 30
104
27% Jan
5%
25% May 21
64% Apr 16
7
53% Jun
July
Dec
22% Mar
3
46% Jun
Aug
Apr
57
111%
Feb
26% July
105
Dec
21% May
107 % Jun
3
99%
16%
17%
,j
32%
113%
•17 '-"'17%
Associates Investment Co
33
31%
98
98%
'16%
900
32%
32%
13%
113%
,
1,000.
33
31%
55.
98 %
100
100
U
11
84
Feb
May
10% May
,
Shares
6%
'
'
33
32%
X102/
55
113%
10
Atch Topeka St Santa Fe com—100
5%
non-cum
preferred
100
A T F Inc
10
18%
66
x98
-
Dry Goods
preferred
preferred—
Associated
May 27
19
13%
99
par
per
par
—5
*6
6%
33
31%
-
.
.104
54%
<5
33
33
•
'
13%
13%
*103
par
No par
common—1
Corp.
Artloom
17% May 24
12% Mar 16
No
No
No
No
Corp—
Constable
Arnold
2,
'
6
com
-
6%
6
/
32%
99%
30%
99%
Illinois
the Week
8 per share
30%
33
/
99%
Cork. Co com
13.75
preferred
84 cum preferred conv
10
33'%
30 Vs
preferred
8 per share
share
*6%6%
6%
33%
10
Armstrong
10
99
"6%
No par
100
of
Sales fer
June 11
Thursday
June 9
'
com
Co
es
8 per
8 per share
$ per Share
Friday
June 10
8 per share
Wednesday
June 8
preferred
Corp
conv
$6 conv prior
11
314% Jun
12% Mar 12
Feb
4%%
9
5
Feb
14
Jan
19
Armour
Jan
106
2
104% Mar
~U
15 % May 19
11% Mar 16
Jan
Jun
38 %
Steel
Armco
AND HIGH SALE PRICES
Tuesday
June 7
I.'
Archer-De.nlels-Midland
32% May 21
Jan
5
15%
,
IF W Products Co
3
101
130%
9% May
Dec
34% Jun
17
Feb
90
Feb
109%
May
99
4% Mar
Fur
6% May 28
2
14
103
Monday
June 5
8 per share
39%
Jun
■
EXCHANGE
Highest
Lowest
Apr
3%
30
fMaster
LOW
MEW YORK STOCK
Rang* sines Jan. 1
Year 1947
Lowest
RECORD
STOCKS
Range tor Previous
<
STOCK
YORK
NEW
Monday, June 14, 1948
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(2586)
18
45%
-
45%
-
6%
-/
•
6%
<
45%
6%
45%:
45%
6%
6%
45%
45%
6%
6%
*45
46
y \ ••
15,700
V-
1,100-
'ji-
'/
II 1
'
May
13% Feb
11
24%
Feb
12% Feb
27
'
16%
Feb
10
11% May
25%
Feb
Dee
16
13%
.
16,% Jun
,
3
Mar 16
11
27% May 15
15% Feb
77
69
Feb
55% Jan
Jan
37
Apr
Dec
39% Dec
31
Feb
; 18 J Jun
24% Nay
59
May
28% Jun
9
Mar 24 :
54%
(45% Dec
20%
*"
8%
19%
9 % Feb
Feb
44 Vb Jan
24 »
4.'.
23% Jan:
18% May
62
;35% Dec
Jan
31
Feb
Jan
85
Dec
110%
17%
Dec
20% Aug
108% Feb
96% Dec
2
Jan
8 % Jan
Dec
40
Jun
39% Mar
32 % Feb
18% Oct
14% Feb
18
10% May
18%, Jan
15% Feb
24%
18'A Mar 16
Jan
Feb
5
93% Mar 16
1
May
20
Jan
21% Jan
2
6
>■
24%
Dec
35% Jan
19%
Apr
32%
25
80
Oct
Feb
30% Feb
De"o
Jan
150
18%
Deo
Jan
Apr
17
37% Jun
28
May
38%
May
9
10
14% Jan
36
Feb
11
Feb
11,
36;
35%
Nov
22'% Mar 18'
18%
Deo
15
'
*13
Feb
19% May 18
116
77% Mar, 16
Jan
41% Mar. 2
51
35%
Feb
49%
•
Jan
37% May 18
96
Jan 12
67
'
29
Jan
38
Feb
24
Oct
42% Feb
11
Sep
88
Jan
2
55-
43% Jun
10
20% Mar
4,
7
Dec
13%
Feb
Dec
96
Jan
65
7% Jan
50
Apr
,
~
28
Feb
Feb
25 % Mar 16 T
63>
Jan
28% Mar 10
109%, Apr
28%
93 % Feb
.
: 36%
Jan
27
Apr
90% Feb
20%
Deo
17% Feb
14
13% Mas
Feb
»
20% Not
Jan
May
125
14%
Dec
Deo
37% Nov
102%
Apr
Feb
8
Feb
;
83i
Jan
23%
Feb
Co
90%:
-;
83
21
21%
45-
•43'/
•
110
1,700
3,100
;
.
\
45
43%
:
42%
43., / ">
12%
-7,700
12%
19%
12%
19%
19%
,
89
/*
*39
39% H-/
x39%
*86%
87%
x85
./ 21%
*89
21%
<v
;
89
12%
12%'< 12%.
2,200
V: 3,200
33* '/:* 33- -
361%,
36%
36%
18%
18%
19%
:;
Feb
29% Feb
14
May
22%
Dec
104%
*89
70
: 1,200
; 90 Va;
,
>'■: ley*
16%
16%
103%;-
16%
23'.
22%
x36
17%.,:
.13%
13
13%
36%,
19%/-,:
-
; 3,500
i
130
32%
33
35%
33%
35%
19 V*
4 16 %;
23
<
35%
-19
.
:
297% -
;
29.%:-
29%--.
■<;■ 33%
34
18%
25 Va
*81
,
35%
137%
33
•f 'Ai, '•{
;.: 1,400 ;
.1,000
19
34%
347/«
37%
■;. 7,400
25%
;;; 1,800
137%
33
,
♦136%
30
34%
-34'
2,100
30%
35
37
33%
11%
<
•
Monday,
,f."'
June 5
June 7
'
.
'i-
11%
LOW AND
•v
"":
*136%
137%'.',
33%..
•
-
37%
-
34
HIGH
June 8
35
35%
35%
11%
11%
•137%
*
«
11%
-
Wednesday ./
v'
'
137 y4
54 % -f 35
1V%
137%
.
137%
;
11%
300
*
Mar
89 % Jun
8
1,300
June 9
Thursday
'•>./;
;
/;■/-
Friday
:
:<
June 111
Sales for
//
the Week
June II.
v
.
82 Va
17;
45;
-.
%
*43%
26%
/
•
83 V*.1
43%
/:
26
26%
,,,
44%
63
64-
:
44%
42%
43 Vs
:17%
.•
64%
%
24% Jun
84
Jun
95%
Jan
12% May
16%
Oct
6
May
10
Jun
88
Dec
24%
Apr
12% Feb
Jan
11
'77
Dec
72
79% Feb
Feb
95;
1'
I3.RO
7ft'
iBudd
1
3
Jun
! '
13
88
Jan
6
17% Jun
3
10%; Jan
47
,
9% Mar 10
15% Jun
'
Co
—
preferred.
3%ft
;
43
2nd, preferred
Terminal
Bush Term
/Butler
——
Bldg 7ft
Bros
common—
'
108% Jan
:
6
22%
104
27%
78
Fe b
Mar 12
2% Mar 17
Oct
16
Jan
98% Jan
15
Oct
23% Feb
11
Jan
89
-*
Mar 17
4%ft
9
l 104*, Feb
i,
-
3
;,, 34% May 18
preferred.
19
100
Butte; Copper Ss Zlnc.L——
5
.Byers .Co, fA M). common—No par
7ft ' participating preferred—109
4% May 18
25% May 21
L_1
preferred—100
Byrsa
/
Jacksoa
No par
Ce
.40
630"
;
6,000
:'/•?;
64%
'
'
3.500
t..
7,400
96
1,600
V
*86%
;
'/
11
88%:
•\? 38%,.
i/23%.
24%
; .r
99 Va
;
99%
*77
.
17
14%
*85%.
S;
>.
*3%
{.,.23%
•101
9%
95
•"
,v
86 V2i !>:
24%
:•
93%
,
*97
80 -/
*7'7l-:
80
17%
10%,
10
10
93%
94
17% /
17%
1
14%
*85%
86 Va
101%
101%
36%
^
25
31%
,
-J
80
:
Vs
14%,
*85%
*3%
25 Vs
10 Vs
5501.
5,100
110
3%
-
lv;'A- 500
5,000
101%
101%
•lOIVs
32%
32%
32%
33
38%
39
39%
53
53
53
'
101%
32%
32%
4,600 >
/
247/s
,3%
x24%
13,700
.
■A".-'
86%
*86
3%;
300
'---d-.
'A /A
14%
14%
25 Vs.
290f
'
94
*92
86%
26,800
;
17%
10
15
Vi
97
17%
17%
10 Vs.
94
102
32%.
•
*77
37/s
*101%
32
80
.
25 %
3%
25%
99
85 Va
85 Va
4
3%
23%
:
10
15
; 14%
<
*95
93%
-
-14%
*95
99%
400
1,500
:1,200
24%
24
24%
///■':;
■;/
20%
41%
95
17%
•;•
31% V
36%
*
j"/
96
20%
520
1,700
V
90 / <
41%
;
•'./•■V
37%
95
99%
*77
A
20%
41%
■
6.900
19,100'
71--
-
24 Vs
4
9%
96-
3%
101%.
.*41
> 100
■r/17%
23 y4.
31%
<
20%
24%
X. 93
99%
•■/";
14% ■
•
89%
%
20%
40%
'!4"
vv-
71
*88%
-
Z*:'\
11%
; 37%
94
<
71%
37%
88
.70
125
Xll%
89 V4.
40%
100
1,700
-
22%
*123%
11%
37
20V4
24%
21
22%
22%
125
71 Vs
♦77
17%;
9%
-
>•: 93.
k 11%,
37%
♦97
"
80
•123%
-
5,300
/■"/"
.
72'/«
*93
.'/
22%
23 Vs
88%
-
40
..
21%
v
30
95% " 95%
20 Va
20%
■'
21%
,
29 Vs
•;'/
37Va
19%
24 V4
■
92%".':
96
3,000
98
20%
30%
*95%
4,700
35%
*96%
V-
70
53
;
1,800
IP 1
8444 Apr
•1% Dee
34% Dm
*55
27% Mar 17
Jan
52
~
Jan
>39% Jun
'8*
1% Deo
3%
Peb
•% May
8%
Fab
6% Feb
21% May
12% May
34%
Oct
24% Feb
17%
Feb
13% Mar 29
54
110
Dee
m :
10
Dee
Das
•% May
153
11
It
Peb
108% Jan
13
48%
Peb
18% Feb
11
18%
Feb
14% Mar 16
18% Fofc
10
For footnotes see page 28.
Mar
4
»
/-
May 28
3
1% Mar 12
California Packing common—No paV
5ft preferred
.50
Callahan Zinc-Lead —A
j
1
11
May 17
8% May 21
31% May .7
15% May 21
119
.
44X19 %
Jun
2
May 14
May 26
19% May 14
—
i:
;*53:,
"2%
<?alumet Ss Hecla Cons Copper——8
.
6%"
No par
100
Canadian Breweries Ltd—*0 par
Canadian
Paeifia
Ry_,
28
•
.118%
119
*42 V2
44%
•IT
17 Va
37 Va
54
37%
/
38
53
.
-
-
53
;■
;
2%
2%
'
7
7
7Vs
-•
*29%
z
14 Vs.
30
•118 Va
42 Va
43
14%
118%
*43
-
17%
'
-
17Vs
2%
2%
6,700
7
7
-7—
7
7,800
14
118'/a
44%
17
/
90
2%,
30%
30%
14%
•vll8%
119
•17
.
30%
>
14%
3,800
2%
2%
6%
7
14%
•
2%
29
14
/
36%
♦53
2%
29
Campbell ,W is C Fdy.i.—,_.No par
Can Dry Ginger Ale com
1.66%
$4.28
eonv
preferred—^
Canada Boutherh Ry C01
54
,
*
30
14%
X13%
118%
XII8V2
1,000
30
14
118%
44 Va
44
17%
18
18
17%
18
17%
17%
12,500
N
"660
44
17%
*43
>
30%
50
1
400
'
16%
17%
17
17%.
•'
17%
18
r
16,100
1,400
/
337/s
35%
35%
i
36%
33%
98
1,800
r'' 2,200
55 %;./
.
35%
20%
\
; 11 Vs
11;
|
33%
20«/s
20%
/
.
71
,
' 88%
19
39%
91%
•
37%<
Vs
*29 Vs
11V+ <11%
70%
•86%
>
39%
35%:
*125% 125
70%
•
,i,,
11
*96%
•
30 Va
x22%
125
/■', 11%
37%
,,
19
19
22% '22%
*124
•
36
;V 21'
*52
54
"
;/
8%/
8% /
A:.'
36 Va
33%
*95% r97
■
.
II."-/
34' --//
"*29*"
'
-
21 Vs
21
.
*37%: ;37%
,*:«
30
*• • •
;
11V*
71
20
87/s
36
;/
*96%
98 >
;/20%:/:20%//;'
98
30
11%,./
36% ;•
39%
39%
8%
*50
36-
36-
20
5Vs
40%:-'
;'A 5* :
33
'32%
*95% :. 96
22%
69 .<•
..
36%
fr
/
10%
?
11%
34%
35%
125
♦124
e
/Burroughs Adding Machine—No par
Bush
12,200
1
43%
*
63%
*94%
:/'/
39%
9'"-i:f/'
55
11-'P:
.
95%;;;/
:;r 2i%,
No par
100
I" 3%ft preferred ———loo
conv
96
5
♦50.
32%
30%
95%.
-
55'
*96 Va
'21
100.
100
•95
39%
;,// 8%i
'8%
10%
19%
*30
?
>
'5
39%
:::
34%
!36
19 Va.
39
8%
♦50 r
31%.
35%
'V
^Burlington. Mllla. Corp common—1
4ft
V
.
>,*96% / 98
No-par
—5
<96/;-//
•95
4%
♦38
11
31%
>'v
—5
Inc—
96;
4*14
rt
34%'" 34%
,
•
__1
1
j.,
^10%
•i
Nlag El Corp 3.00ft: pfd—100
Watch
/
'*5055
—No par
Bulova
4
2
;
9
*
—No par
Co
Forge
'1 4%
,38%
8%
No par
-
:
16,400
-
83 V4
"
No Rar
common
Bullard Co,
|
15
May
Co
♦95
>
38%
■
No par
J
preferred
(The)
96
4%
8
No par
$5 preferred
Buff
10
3
96
Co
preferred
/Buffalo
10
Jun
13..
100
(assented)_100
Bearing
Bucyrus-Erie Co common
100
Mar 16
preferred
Maine RR
J
Brunswlcic-Balke-Collender
3
20
7 %, Mar 16
79
&
Roller
*94%
,
i.OOO A
>
.
.
44%
64%
44%
26
V
5,000
43
43%
25%: 25%
,
25%
65
64%
33
x82%
83 V4
42
32 Va
j.
26 V8
26%
zx33%;/34%'/' :
34Vs/ 34%
*82%
!
4.900
*44
46%
;'J; 25%;
,
18%
*16%
17,
26 %
26
44%
18%
A
34%
\
42%
25%
;;
17
83%
: 45
44
63.'-/.; 63%;/:-
CLOSED
5
.
27
'
Mar 31
cum
a
800
;,
';'/35Vs'/'35Va' '
-
18%
34-
•
83%
•
>.
25%
3%.
•82%:
..'83%.'
46
♦43%
■' 35
32%, 33
z;
-/17'-,;:;: 17
'
43%''-44-;
EXCHANGE
15
:
33%
*43%
,
25%"/26% it
STOCK
1
common—
33
x35
<25%/ 26%
-*44%-'-: 46,/' >,;•■;
*—;—No par
Corp
33%
33
-No par
*
18%
16%
!_5
A—
35,;
19%
32%
: •"*4l^<:45.^:"'
•!>•".','25 %"■'; 25% -
f
35 /•>,:"
18%
i16%^16%;*:
\
No par
Brass-
St
I Shares
]
$ per- share
f per share
S per share
19%.
36%
*36
& 18%,
z
32%/33
•'.•=;
2T50
—
$ per share*
.35%- .35% >
'■l17%'<,17%
/.
1
Inc
'
# per share
;
"
-No par
(The)
Co
$ per share
■:y:y' \Par
Bridgeport Brass Co.—
21% May 15
43% Jun
16% Mar 16
81
Mar
2,300
-
SALE PRICES
■:<Tuesday-'//-,
-
,
11%
37%:
,
.
10,400
3a,800
37%
137%
37%
10O
•
'"»o3"
X83.
' 30%
30%
3*
37%.
17%
X25%
-ff
600
11,500 ;
:
38
X17%
26
:2,600
103% (5
37%
84,
;
18%
23%
23%
*102
18%
13
25%
;
17%
•
••
38
*80
84
30%/ 30%
v
34%
36
*
11%'11%
Saturdayv
Pi
■
>
'
23 %
103%,
iff 37%:
18
25%
'/r85
■-
*102
25%
Is
;
-'25 %. i
*83
17%,
23
>:•
* 102
103%
T
37%
38%
j
38?
17%
'•
;
es
/,
35 V4.
1 Brlstol-Myera qo common—^
2.50
3 % ft preferred —i
100
Brooklyn Unton Gas
:No par
/Brown Shoe Ctt Inc common
18
11% May 15
74% May 17
37% May 28
14
Feb
May
100
:
20
.
■
STOCK
Briggs Manufacturing —;
; Briggs Ss Stratton—;
24% May 1,
6
Feb
80
400
85%
21%
'
*32%
:
'
39% /
%
21%
90 Va
12%
34.
*102
33%
—No.par
class
Bower
!
14
30
124
13
t
Jan
x22 % May
6
15% Mar
38%
80
:
Mar 30
65
14% May
May
;•
19%
V
39%
*86%
18%
36%
29%
Airways Inc—a.
—2.50
'Brewing,Corp.of America—
15
10.
96 7 Apr
20
*32% Feb
Feb
32
15% Feb 11
26
May
'
26
122 % Jan
Feb
86% Feb
'
25% May
19
39.,
v;
87 /', '
21%
,.
:: 22%
25%
Braniff.
21% May 22
13:
Dec
Ami
Boston
*
101% Apr 27
15% Mar 16/
106%
27%
3
28%
27%
12%
•
36%
„
,
lP/s
No par
Co.
Co
Aluminum
3% ft
34% May 18
37% Jun ; 2
5
Feb
Dec
13% May
94% May
.39%
t
■>,;
103%
*82
com.No par
Co,
W)
Laughlln
Borden
11% May 15
36% Jun
9
X27% Mar 17
95
Dec
'
25%
-10
com.
(Dei)
YORK
*;Borg-Warner
9
May 24
71
9% Mar 16 '
Feb
25%' Jun
79
13.
20%
16%
.
35%
Loan
Class B
,x
Bond Stores Inc/—
10% May 18
8
18%
Dec
Dec
12%
23
16%
*22%
,!.
»/
,
5% May 15
40% Jun 11
31%
.
30%' Nov
*
Jun
96
:
40%
Deo
May
80
Bon
Jan 19
.•
Ss
Bohn
,
44% Jun " 9
/
3% Mar 18
69
//
18%-
*102
Bloomingdale Brother*
Boeing Airplane Co—,
4
27% May 15
33 % Mar 18
9
54%
27%
>'' 3,400
'
102
Feb
120
Bliss
29% Apr 16
.
Mar 17
Feb
Dec
77%
;55,
42%
•
19%
;; 12,
*32%
36 %
♦
common—
Ss Decker Mfg Co.
Bliss: (E
.
32% Mar 15
21% Feb
34
18%
EXCHANGE
Blaw-Knpx
•
17% May 15
Feb
6%
15%
43
20
*89
12':
♦36
:{■: •
? i Black
May 15
59
39%
90
,
34% May 27 '
11
May
9%
42%
13:
87;
STOCKS
HEW
V.
41% July
24% Oct
t
Co
Blectrio
14 :, Birmingham
8 per share
$ per share
28'
Feb
3% May
30
29%
'
32
23% May
10,100
26
;
■
Steel
i
Jan
v
—
7ft
preferred—
•—
-i—100
V Bigelow-Sanford Carpet—No par
Highest
*20%
37% May
68% Deo
81
*43
*42%
42%.,
;
$ 21;
f;
*32%
Indus
Bethlehem
37% May 15
i
Lowest
,
6 per share
>
Dec
25
45 -
25%
*76%
54%
.
'
45
;
..
*39%
,
.
11%
Cum
137PA Jun
27
87
90%,'/
/
preferred—
Range sine# Jan. 1
Highest
Dec
45%
27
54%
38,400
-29';''.;
•>
//$-
30
77
/12,600
'
:k
39%
♦89
pfd $3.25 ser of 1946_No par
30% May 24 */. Best 4s Co
J
—_1
37% May. 27 ;; Best; Foods
•
—T_1
11% May 19
Year 1947
$ per share
89
27%
12%
,
20%
—
Aviation
"Beneficial
Range for Previous
Lowest
29% Nov
,54%
27%
1,500
16%
15%;; 15%
•16%
26%
29%
*76
54%
19%
;v
13%
87
Bendix Home Appliances——33Vao
•;
May 25
87% Mar 10
Mar 16
125
31,
18% May
14
May
28% May
14% May
30%
77..,.
;
'
26
23% Feb, 14
May
12% May
*42
*20%'
RR
Howell
Ss
Bendix
9
•'
16
23 % Jan
103 %»Feb
25
77%
42
20
/
.♦38%
^.50
100
Aircraft Corp
4%ft
38% Jun
*
28%
Jan i
Bell
L' Bell
2
102% May. 22
11
Feb
Feb
Creek
Beldlng-Heminway
19.% Mar 22
24% Jan
"
Dec
>
12%
-100
pfd
; Beech-Nut Packing Co.,
20% May. 21
25% Nov
Sep
21% May
13%
S?t 25%
30
77.
30%
77%
;
20
Corp—
Aircraft
'( Beech
8
Jan
Beech
v
37
5 I
,77'/a
133%
16
"
common——28
Co
conv
cum
Mills, Inc__i
"j Beck Shoe (A 8) 4%%, pfd
16
34% Apr;
11
26
39%
May
17%
30
106% Aug
Dec
v
28
17V»
15%
15%- 16
15%
16%
:
25% / 25%
29%
42%
42
!—No par
; Bcaunlt
9
11
16% May
Feb
Foods
Beatrice
3%%
Jan
100
2
'12% May
.
'
8
15% Apr
4.
May
12
95
15%'
17%.
15%
ti;
8
22.% May
5% May
•
16
Va.
'*
'•
>
Jan
90
16% Mar 10
88
.
/ 43% May 15
13
Feb-
83%
30%
15
''/v53%V';54'VSr'^;
*;26% 27% ; '
45'.'
♦42
.
Bayuk Cigars Inc.
/
25
u
26%
26%
15%r,i;.
■J
j
52%/ 52%
:
2
23%
-
15%
x16^'8
17% —
•
t
29
5%
—
44% May
16% Mar
11
Si
Conv.
.is
.
ft 23.%.;
29-%
Jan
20% Apr
14%
75 v
i
preferred:
non-cum
Bangor
80% May 12
x42% Mar 15.
410%
r
28%
4%
;
31% May 22
11
28% July
: *15%
16%
14%
16%
14
,
23%
10
Feb
,
CLOSED
,100
13% Feb
60
60
16%';, 16%
>■
EXCHANGE
11
common—100
Ohio
Ss
Aroostook common—60
preferred—.
.—100
14- ♦i Barber Oil Corp (Delaware)-—'—50
; Barker Brotherf common
11
10
4% ft
preferred
—50
5
j Barnsdall OH Co
—8
7
Bath Iron Works Corp
^1
31
16% Feb
42% Dec
*18
May
STOCK
T) Aug.
Locomotive Works—.
(B
Baldwin
Baltimore
16% May 15
9% May
t
Babbitt
3
17% Jun
;
Dec
7% May
13
66,600
Volume 167
Number 4707
THE
COMMERCIAL ft FINANCIAL
CHRONICLE
(2587)
NEW YORK STOCK
RECORD
Range for Predion*
Tear 1947
33%
11
47%
14%
May
5%
Feb
57%
Nov
27
Jan
Dec
38
128
Dec
35% May
6
Feb
21%
45
132
35% Mar
Feb
Feb
26
Dec
*97
Dec
108%
Dec
156
22
Jan
130
Apr
32%
Dec
21%
xl77/8
Dec
22%
14%
Dec
10
11%
102
*
Jan
'■
Dec
9 Va
16%
II
2
108
83
6
22% Feb
19
13 % Feb
10
20
24% Feb
28
33
21 %
5
30
Oct
27
Feb
17% Feb
18
Jan
16
100% Jan
10% May
20%
Feb
30%
Oct
Jan
Dec
81%
Dec
3%
54%
Apr
2%
v
7%
Feb
4
12%
Feb
11
24
8%
Feb
6
12
Dec
Jan
10% Jan
;/
Feb
Feb
38%
Nov
Feb
27%
33% Nov
20% Jan
51% May
Feb
C-i" 53%
•
Apr
35
9
Feb
57
39
22
Jun
Feb
11
Feb
14% Feb 11
3% Apr
1
7% Mar
Dec
42% Mar
56%
40
Jan
5
Sep
'
23
Dec
66% Oct
Nov
96 ?
/
29%
Feb
52% Feb
28
23 y8 Feb
X94% Mar
'
41 %
,
11
Feb
Feb
37% May
Jan
Nov
8
May'
;
.i.
11%
Dec
Feb
rf 94
•
"•*! % Mar
Mar
78
48
9
'•
15% Jan
,6
Nov
27% Mar 18 '
95
Jan
.'34% Nov
"-'.43%
Jun
107 A
115%
Feb
Dec
27% Jun
106
Nov
Dec
i.
42%
Dec
<
14%
32
101
'
Dec
107
'<
Feb
^
/:
.
14
5
140;
48% Mar
4
89'
9
il54v;
Feb
:B1%
Dec
Dec
5%%
4
.
5ft>
$4.50
9
>: Clev
9
Year 1947
I per share
May
x61%.Jun
1 33
.87
"
i-
May
May
'.
Bronze
preferred
&
Pitta
Dec
•
Corp*
Cluett Peabody
1%
4 % cum 2nd
Aug ?
V
12
May
18
16% May >
20%
8
May.*;
'.*17%
*- R%
May17%
-.;-8
May * ,;16%
-
Oct
Feb
-
16
21% Dec
i 21% Nov
11%
;
63
,
Dec
.
36
;
Dec
t
"
»
:
j
Feb
II
Jan-V.v v
:
10% Feb 13
;10
-
v
115% Feb
26% July,
Feb
*
10
u
32
■
:
May
<
t
V
10%
20%
Dec
15%
*0% May
17
May
12% May
10% July
30
105%
••
Dec
Feb
17% Mar
-
49
Feb
35% Feb
104% July
Dec
"
85%
Dec
12% Feb
30% Feb
t
19
Feb
37%
:6
Dee
Feb
10
27
U
•14
Marie
19% Mar O
*49% Mar 17
For footnotes see
page 28.
^
46% Feb
Oct
99
Feb
\ 48 % Ma» 17
95% Dee
Saturday
^
series
Consol Edison of N
Common rights
Y
•■v
6
$$ preferred
11
Jan
2
2
:
r
;
16% Mar 20
2 ;' May 27
35% Jan 16
106 % May 25
/
42% Jan
5
1
■
{
!
-•
35%
" 78'/a
9.
.
..
,/
90
Jan
■
;
•
,*140%
t
14
$5.50
May 15
Jan-T1
13% May 21
Continental Can mo
98
63% Jun
1*
1
/,
"53 V2 Jun
11
91 v*
::
June 8
19
.
16%
*28
;
29
,28%
13%
13%
;
;
*70
75
35
35
35
43%
49%
43
43%
->:■ 43%
V-,49
;;
99 %
I
x27%
■?.
101
49%
1
-;3'.
3%
101%
..„
;
•
27 Vb
10%
10%. :
*11
33%'Ar-' *33%'
.
Vv:^23%
•31%
V :--5%
32'4
23'4
23 Va
-5%'
■'
23%'
21/64 21/64
105% 105%
r21/64
V
...
1
-
45%
A;; 24%
/ 14%
r
''
14
'
10Va
:
45%
1'4
34
104%
A
36
*97
;
No par
.
14%
*90
20
37%
No par
*97%
11%
——0
Continental Insurance
10
Continental
Motors——J
Continental 041 of
Delaware^
0
Continental BUI
61%
!
8%
3474
%v
14% - •
874
63%
lf%
31
23%
'
i
28%
29 Va
28%
29%
;
14%
:
35%
36
2,600
43 Va
43
43 Va
1,300
3,500
50%".
50 Va
101
100
28%
*75<
50%
101
27%
28
101
27%
,28%
12,500
10%
10 Va
34
10%
33%
34
1,400
31%
31%
*1,400
1,000
5% '
i
.
33%
33%
31%
X30%
30 Va
5%
5%
5%
5%
23%
23%
23%
23%
*31
5Va
23%.
105%
105%
2,300
Xl7%
18 V«
12,900
10%
10 Vb
10 Vb
•'600
47Va
17%
48 VB
*-47Va
47%
25
25
9,700
2,100
17%
18
10 Va
47%
25 Va"
■jl
10 Va
■
V
14%
14%
1%
10%'
1%
1%
*34%
37.7
9'%
Xl4%
14%
92 Va
x89Ya
38
12
8%
1%
35
9
64%
17%'18%
105 Va
37%
-
:
37%
14%
14%
14 Va
14%
7,100
10%
1
25
11%
97,200
1 Va
34 Va
104%
38%
38
97
96
1,100
2
176,600
34 Va
1,300
''
105
-
38%
14%
14%
14%
15
89 Va
88%
38'A
88%
89
98
12%
62%.
12%
,
62%
-
38%
•97%
98% '•
,12
12
60 Va
61
9%
8%
64%
65%
65 Va
65Vb
18%
18%
18%
31 %
x31
31 Vs
53%
31%
x52
32'/a
52
52
52
9
:•
96
60
Va
38 Va
4,300
300
38%
*96Va
97%
12
60
8%
65%
740
7,900
89
38%
9..
105
24%
97
98
'
•
1%
34%''
34%
105
*
Va'
97%
14% '
38Vse
j,
83
14%
,
Xl04
5,000
16,500
69,200
14 Vs.
,
2,100
28
141a
,
115,000
10 Va
10 Va
*
11,000
3%
101%
27%
14%
35
28 Va
3 Ve
11
.7..." 19 -7
37 V
99%
Va
27%
17%
•;
507/B
99
28 Va
105%
'
79
/507/b
,
3 Ve
3 Va
100% 101
3%
101
10%
62VB
2,800
35 Va
10%
11%
100,800
11 Va
43 Va
14%
61%
14%
7„ 10 Va
35%
14%
*97%; 98
'
17 Va
16%
35%
14%
'
15%
17 Va
*16 Va
43 Va
10%
37 VB
3,100
43%
14%
14%
•
21,
78
23%
:
97%
3,900
19 Va
19%
:.
28% !
46%
'*24%
14%
*97
.
18%
78
Ji
T06
1
25 Va
10%
33%*
-
..
25%
34%.
94%
24 Va
78
'r'%
46% >
^*90
11%
17 Ve
*52%
•
37%
98
V
5% V
45%
105
6,100
27%
•
31%
36
97
63
-
"
v
450
42%
19%
14%
11%
1%
.
37%
62%
"■*:
10%
14%
Va
93
14%
11%
»
10%
.;
10%
105
28 Va
11%
.7
3%
XlflO
":
24%
24%14%
14%
T
29'/a
14%;
50
105%'
10%
.
,
400
61%
15
29%
100%
17%;Vl7%
10%
'7
87
16%
28%
f
Shares
171%
'V
16 Va
28
11%
•
105%
A;T17.<' VI7%
*10
31%
5Va
^
.
/
34
■;
♦
t1'
tot
the Week
35%
.
28%
•
19'/a
A
•
3
3Va
ioi.: ioi%
27'A , 27 %
101%
27
17 Va
) 78
•
Va
100
27%
-
183/b
19% u20
16%
11%
:
50%
99%
2774
'
.
>
fnles
li
25
153A ."16%
17% .17%
29 Va
14
35
24 '/a; 25 V4
19%
28%
11%
.■
20
1,000
t per share
*170
16%
14
11%
75
;
•
Friday
:
172
29
28%
t,
91%
June
16 Va
17 Va
*
A
I
91%
•
20%^
15%
•V
/
29%
11 Va
11
19
,19%
i
16 Va
>
*70
-v
;
*15%
■
28%
13%
EXCHANGE
16%
?
29
94%
24%,
?
91%
145
51%
61%
,7^ ^ t.. ♦HOC
41%
42 7;
,41%
*94
94% ?
*94
24%' .24%' '
24 V4
25
,
2,200
36
♦141
61%
"
42
24%
19 Va
; 36%
5,700
'1100
24 Va
19%
36%
V per share
172
61'/a
—
40%
15%
16%
3,100
Thursday
*
172
x61 %
♦93%
19 Vb
2,500
9
;
143
91%
16%
26
.8Va
June 10
24Vb
15%
.16%
'36%
48
25%
9
143
24%
18
,>:V.U
V
80
16%
f
26
8%
91%
♦1100
95
'-■:/& 24
V. 16
28%
CLOSED
*93%
23%
26
I per share
'AlVa
16%
„
FRICES
*171
63%
108%
*78
June 9
—
31
♦J 07
*46
Wednesday
171%
63 Va
18 Va
*16%
.STOCK
i":
41%
109%
30%
80
i
;
40%
109%
...
48
142
BALK
Tuesday
171
23%
f 15 %
-100
Corp.
—14
Cooper-BesMmer Corp
com—Hop**
13 prior preferred—
Ho par
-
HIGH
I per share
93.
24
*15
com—Nb par
common
..
T
*1130
41% *'
41''
19
-
i—No par
——Ho par
preferred
91%
AND
.
17%
room
Continental Diamond -Fibre
•
9% May 18
66% Jurn Li:
19% Apr 18
32% Jun.
9
$3.75
'
,
23Va
com. Jib par
preferred
90Va
88
;
108J%
xl6
2,100
190
*86%
31%
*107
ft'; "
36'A
142
37
*169
41
9Va
x36'A
143% V, •b
;, 36%
.
88
*46
/9
.
% ..V;
•'"
: 37'
111
17
9 Va
20
40%
26
36
9%
84 Va
*19 Va
"78
16%
36%
;
317/a
♦80
78%
25 Va
,
477/a
48
"
16%,V
9Va
63%
'23%
*
com—No par
—No par
preferred
*46
47'A
31 %
'
190
*30%
5,300
26%
9
♦109%
108%-
78%
4& 1
—
93%
^
Continental Baking Go
40
.
cumulative
78
-
36 Va
;
'
27%
20
19%
*86%
31%
107 Va
*
39,000
101
♦26%
85
*169
111
31
*
26%
■
170 V*V
*1150
Container Corp of America
com—20
4%
110
"
■'
*•
-
40%
i6%
91% .'V'",
63%
■
.
^
99% May 25
15% Jun 11
40%
'
•
88
26
June 7
Ms^'^41
190 •'
*86'/a
-
'
37
*169 1
32
Q
♦80
20%'?
36%
V-
47 Va
*31%
yy.
65 Va
*97
47%
410
39
27%
101%
263/a
9%:
■
143%
170'A
■
85
*37
26%,
'
4,700
58
.' 85
'27%
*93
1
32
*9 ;
♦80
19%
40 Va
111
78
♦46
26 Va" ■:.VbV*
;v
.31%
,
36
♦109%
48
t
.16% " 16%
'-9
65%
500
4
57%
39
27%
'
48
:
88
40 Va
'
Consumers Power Co
$4.50 preferied
:
-
190
*86%
*46
26
47 3A
58%
; 64%
27%"
101
'
4
*37.
.
27
?
19%
♦169
per share
B
Consolidated Retail Stores Inc
1
Consolidated Textile Co
Inc—_10o
Consolidated Vultee Airmaft——1
39
2,600
183/a
4
57%
.
2,200
/300
15,200
12%
18
'
,
"
37/a
9,000
8,100
4,600
70
*12
'
21,200
38%
70
12%
'
.
;
57
37 Ve
68%
19
.
65%' :
SG Va
0
68%
*12
Va
'•55%
'
■
58%.
.
27%
*98
'
9%
19 Va
,
Monday
par
Consolidated.-Orocers Corp
1.33%
Consolidated Laundries
Corp—.1
0
Consolidated NaturaltHNw—i.
IB
Congo! RR of Cfiba 6%
"pftt—.100
}
•
V
38%
*18
4
-64%
31%
>
1
——Ho par
/•:
.4
38
I
19
58
108%
June G
Edison Coi«_—„2B
Publishing Inc.*—No par
Congoleum-Nairn Inc'—No
par;,
Consolidated Clgar_J—' _lfo
par
Consolidated. Coppermines Corp
8
17
20
Jan
preferred
19
44'A
'57
.
39
*55
38%
69%:
12%
69
*12
,
43Vi
39
,
,
57
38
32
30%
# f eriher*
Condr Nait
21
15'A May 12
11
3
Mar
,
$6
Commonwealth
39%
♦56
■
'.r
:_No par
South
38%
44
39
85 "V '*
*107%
91%
No par
At
38%
,
1
31%
>140%
:
Coramonw'th
•
14% Jun
5
93
10
.
21
27% May 20
84 Vb Mar 23
Feb
110% July
13% Feb
11
94% Feb 10
10% Mar 17
20% Feb
106% Apr
44%
11
51
•
7
1% May 25.
32% Feb 27
100% Apr 30
May
May
May
May
Apr
xl8% Jun
Apr 30
■10% Jun
Feb
»
<7
LOW
par
w_^No par
^_No par
43%
43%
27%
*9
40
I <36 'V;- 36
'
ar
19%
43 Va
18,900
4,600
33%
19%'
.
*10 Va
33 Va
20%
;
:
111%
a"
■T;.'
No par
preferred
Carbon Co
9%
33%
/19 Vis
*37
108%
*78
Internet /Cofp____No par
cum
10%
32%
197/a
.>'■
111"
31%
<
Golumbus>fc tSoutherh Ohlo
Elec—10
Commercial Credit common
—10
$3.60 preferred—
u—
,--100
Commercial Solvents
»■
19 % Feb U
11
Feb 24
12 % Mar 31
114% Feb
Dec
May
44
May
0% May
3»
Apr
14% May
12% Apr
49
May
4
:/
30% Dec
,9
9
/
38%
11% Dec
...
43% Mar 18
Feb
Jan
Jan
10 %
V"
33 y4 May
94% Dec
94
11% Mar 18
84%
,11
.
10:
v v
30
Dec
99%
Feb
'
6%
24%
19/64 May 19
•
J
7
11% May 20
34% May 19 V.
,
103% Feb
Jun
$4.25
o
97a
33%
19%
26%
47%
»80
:
32%
;
*107%
_*_L__^____*_*_100
com—No par
preferred ———
No par
Columbian
29% May 26;;
3% May 15 t
106 " Apr 27
29% May 14
28% Feb 10
i': 29
Mar 17
4% Feb 11
A 21
Mar 9
Feb
■
,
'
M
•
88 ".
39%
,ft
pfd—,_1Q0
Columbia Hroad 8ys Inc cl
A—2.50"
Class B—L—
U.—2|.50
Columbia Gas
System, Inc.JNo par
Columbia Pictures common
No
11-
190
*86%
preferred—100
15
Jun ^9
101
11
108% Mar
27
12
*•
7%
10%
■
101%
26 Va
Va
-
*169
■■
50% Jun. 11,
13
.
,: 35% Fe b
:.~i 7
Feb
15
37'A Apr 16
.43 3A Juat„4
2
2% Feb
7,700
2,000
65
t, *31 Va
9
>
*1
Inc_z_—'^.1
13% May 21
•
!7%
7%
10
59%
35%,35%
50
Colo Fuel At Iron
Corp com—No par
5% cum conv
preferred
20
Colorado & Southern
Ry com
100
i%
non-cum
1st
preferred—100
v
4% non-rum 2nd
.
15
78
20
;
Jan :
21
25
11
Jan
7%
'
'
19>«' 19 Va
to Co com*^__ND
par
Collins Ac Aikman
Colonial Millp
22
30
90
13%
4,
„x46%
•
33
t
*9
STOCKS -»./
YORK 8TOCK 7*'>
EXCHANGE -
Coca-Cola
18
Feo
28% Feb 27
35% Feb
5
36% Jan 23V,
-
Oct
12%
38%
56 r
26%
'
,*80 %, 85
V
_No par
Colgate-Palmollve-Pset
$3.50
32V»
•
gtd—80
Class A
20
62% Apr
:
.
Feb
(-31,;.' Nov ; V 29%
I"
?
33% Nov
■
'4% May
104% Nov
11
12% Feb 13
11% Apr 13
22% Feb 20
22% Feb 11
,-Mar
4
Apr
25 Va May
26 3A May
19% May
20% May
17 Va May
17% May
16 Va May
.32% May
31% May
V14% Jun
11
6,100
13%
19%
*98
Va
'
13
39
,
6,200
7%
19 Va
:
6,800
13
7%
*58%
-
100
6%
.
12%
1
17%
12%
>:
26Va
47 Va-' 47
*—100
Coca-Cola Co (The) common-No
JanT2
27
14 Va
14
*12
v 101
26 Va.
>
6%.
13
25,900
10%
64
NEW
m'tn
2
96
123% Janl,; >08% Jan
>3
33% Jan ,:
25% Feb 34
14% Jan
8 % Feb
8% May
23 % May
30 '* Apr
.
1
,
*
-
Dec:'
25% Nov '
;
1
Feb
48%
/
45%
11
Feb
39% Aug
50
f
20% May
2% May
94
86
1
Dec v,
May
87.:
32%
v
30% May
36
'i
;
Feb
Feb
'
32% Jan
Apr ' ■o 12% Oct
DeC
22%, Feb
10
ll
Feb
•
-
Feb
'26%:
101
.
?
6Va
12 Va
500
33 Va
89
17%
68
64Va
29 VA
38
*86%
13%
:
,
*
F«r
Jan
63% Jun ' 8
;12%Teb 31
-
"'■
'
■
•
.
.
i\"':
y&X;•
2
62%
1
13%
33%
*
>
89
6%
13
14
29%
:
33%
*86%
8,200
10 Va
*18Va
V
80
12%
17%
43%
56
59 Va
38%
*12'A
10%
*37
1
preferred
59
■;
14%
29%
17%
37■ 38%
:
14%
:io'A
x68
18%
4,100
'
Va
9 7 fa
"*
12%
900
26 Va
99
10
'4
100
7f#
56
26
99
13%
37%
71
»
♦12
20
Clopay
"'■>
Highest
Feb 4 9
Mar 17
:S
Np par
com*,__*_l
*
May 20
Jan. 1
183
May
56
56
70
■'
29%
»
%
17%
'
42%'
,:;
29%
30
10%
9 Va
; 18%
37%
12,700
13%
:
7%
32 Va
18%
19%
3,600
17
7%
::
300
18%
29%
6%
.
6,700
9 Va
10% "V
(
,
13%
1
42%
t
12%
"8Va
17%'
10,
12%
^
I per share
:>53"' ;'"Feb:ii^
61% Mar 29
Jan 1
373A
105% July %
88Va
V 46
Feb
19%
:
22% Octr "16
v
ce
*
Co
Co
Special gtd i% stock**:;
Climax Molybdenum:
5 1
I per share
i:
>13%
6 Va
-
12 Va
100
5.600
'
89
12%
13%
,17
A'34%: 35%
100
L_**
RR
Clinton Industries
Inc__*
36% May 17
143
Jun 10
Ra n ge s in
Lowest
191% Nov
65% Jan
1155
23% 'Dec '.-:"
18
V
t per share
141
1140
•
Highest
CLOSED
com__No par
preferred
Range for Previooa
'Lowest
.12%
v
30%
.
19%
26
38%"
''*85 Va
11%
32
37%
EXCHANGE
,
Ry Co com—*100
preferred
98%
.
6%
,
9JA
42
S
*.r,
-
85
15
170
82%
29%
100
29%
Va
5
7%
/
32
STOCK
—s
Co*.***;__**f
Illuminating
Graph
5T#
Cleve
5
92 Va
non-cum
•
Cleva Elec
7
>
i
common
7%
>18%
-
par
preferied——-
C C 'C it St Louis
10% Jan
?
81% Mar 18
Deo 1
38 %
85
9 Va
9
,
com——8.50
City Stores -*:*——
j„ Clark Equipment
9
Jun
Elec
Fuel—*—*—L—hfa
i. City Investing Co
35% Jan
30% Mar 16
>137,?: Feb 10
&
14%
6,600
108
82 Va
27
19 Ve
29%
4,300
27
26
Va
2,300
7%
106 VA
9%
*99
13%
1}
19%
100
'
27 Va
,29%
15
16%
:
f *—25
19%
1
9
7%
,
*
12%
*8%,
27
600
370
«
II,200
17 Va
9
30 Va
12%
'
19
17
7%
«
30
12%
X18%
4%
preferred
*■;—,***:
—_100
Cincinnati Milling
Machine Co-*_10
C I T
Financial Corp—A*
-No par
City Ice it
78'/a Vay 20:
47% May 19
18% Mar 22
14% Mar 15
7% Mar
Dec
Jun
34% Apr
108% Feb
.
'
34
par
Cincinnati Gas
20
88
2
23% May
9%
16%
;
preferred——_I_—_ 100
41% Jun 11
5
Jan
42% Jan
24% Feb
>39% Mar
May*!
,
14%
,
•
Va
9
28
99
13%
12%
par
Cotton Oil-,.10
common-*——*—^—1
Co
Chile .Copper Co—
,/r Chrysler
Corp
May 24
•
111% Jun
6
Jan
72
Childs
2
37
29
26% May
Jan
57-V
>
Jan
preference—No
8%
*18%
82%
29%
26
•
13%
,
,
^_100
Rock Is & Pac RR
Co„No par
preferred series A
100
Yeliqw Cab
—."
No
Chickasha
3
Jan
.
21;
34% Feb 10
105% Jan
6
7, 35% July
109
Mar
It
71
80
Jun
10
6
Feb
34%
Jun i
25%
;*29%
38%
87
12
27%
29
-
38%
31% *
103
33 Va
9%
*81
5,200
33,700
136%
32%
17
7%
,
60
136%
*106% 108.
1
19%
x98 V2
11%
Conv
9
84 % Apr
Jan
20%
May
85
9%
28
'
com—No par
Chicago
;8
Jun
33
12% May
t
ir
10
?7% Jutt
136 V2 Jan -26
28% Mar 9
•
'
convertible
Chic
3
101% May 26
27*
May 17
20% Mar 13
48%
84 Va
*
$3
'
18
Jun
-***i
.12%
.28 %
f
<
5%
12,'."
7%
107
146
.103
'/a
Xl8%,, 19'1
82%-
12%
'
33
9
7%r>
: 30'A
18%
29%
;
136
32%
17
*81
31%
27%
14%
5%
X136
-
146
104
9%
xl06 .:
83%
147
*103
17 Va
9%
-
.
108
*8%
.
28 Vs
,*84%
'
1<
"
12
18%
13%
*—r*_^******__2.50
::
11
27% May
2
■
May 19
; 65%
4
;
25
.25
140
'
9%
27%
38
St.Paul <fc P vtc—No
par
preferred
136
7%
31
i. 100
«
103 Va
9%
107'%
5.G00
38
103
17 '/B
'*82
4,200
;
62%
7%
*29%
No par
Chicago Pneumat Tool
■19% May 27
4% Apr
2
63Va May 3
Id;
Jan
111
% May
31
Jun
xl2% May
.57% Jun -10
>;
May 2i
62
37%
'
8%
25
;
62%
38 Va
17
100
1.25
60%
19
*8^2
Series A preferred vtc
*—100
Chicago & Northwest com;
No par
May 15
71
15%
-4% Nov
.i
49%
33
12%
27%'
18%
28%
48%
X37%
39%
12%
5
50%
BOO
8 %
'
140
,
__1
X8%
:
♦18%
5
3,700
40 Ve
8%
65
18%
31%
17%
40
8%
49%
*148
39%
32%
83%
30
40
600
18
147
18%
109
*81%
1,600
1,900
39
63 %
31%
7%
*
No par
—
*136
9
80
30'A
23%
♦38
38%
17%
7%
*107%
6%
109 Vi
18
;
'
104
31%
8% "
100
GVa
,39
40
f.
53
►108%
29%
18
8%'
19
17%
-No par
Paper & Fib com—No par
—
138
I,500
*52'A
7
65
36%
*18%
700
17'A
38%
63%
103 %
par
u,
64
36%
45%
38
51%
*145
Va
17%
53
29%
40
8%
x50Va
Sharss
45
17%
♦108% 109%
,
Sale* for
the Week
I per share
46
*6%!
33 %
18%
39 Va
8 Vs'
50%
146
103%
1
—2
40
146
30
18
'
147
31%
-20
Corp_„
39
*136
No par
B_
Milw
5%
18
21
r
Chic
45% May 21
28% Feb 11
49% Mar 20
.45% Jan
Dec
Jan
Class
20% May 2J
11
Dec
25 % Feo
15%
*39
—
July
It-,;,, 56
39%
17%
17%
*39%
8%
Co—No par
Ry Co cl A
8% May 14
10% May 14
36% Mar 20
15
14% Mar
Feb
34%
2
Mar 16
30
39%
40
17%
—
4'/a Mar 16
i 7%
Jan 29
30
♦45
•
'
48%
Co___—
preferred
108%
30%
30%
8%
.
2-;.
7% Jan
»
6%
14%
•
$4.50
109 Vu
30'A
110
49 V*
Chesapeake Corp of Virginia
S
Chesapeake & Ohio Ry common—25
9'
,
common.;.
Checker Cab
Mfg
*108%
6%
108%
35%
,
Jan
Feb
6
8
♦52
6%
63%
3%% convertible preferred'
100
6% May 15
Chic & East 111
RR Co com__No
par
13% May 14
Class A
—40
14% May 21 '
Chicago Corp (The)
1
10% Jun ,9
Chicago Great West RR Co
com—50 17% May 18
"?>> 5 % preferred—
50 '
"13% May 14
Chic Ind & Louis
11
11
15%
Champion
<
8
May
90
7% Feb
-
11,
Belt
52%
6%
103%
100
f
Cerro
Chain
52%
6%
6%
48%
»144
No par
de Pasco
Cqpper
Certain-teed' Products.;
14
45'A Jan
29
9% Feb
Jan:
Dec
»
30
6
82% Apr
•
6% May
23% May
13%
37% May
:
12%
4Va May
.8% May'
4% May
v
Jan
1
Jan
17
*8 Vb
Central NY Pr
Corp 3.40% pfd_lC0
JCentral RR of New
Jerseyi>^;_100
CentEal Violeta Sugar Co
—9.50
Century Ribbon Mills:..:—:
No
May 24
.
15 Va Jun
•*, 25 Va Mar 16
102% July
5% May
6 %
May,
•
9% Mar 16
:
1
preferred:
preferred
Corp
17%
17 %
Central Hudson G & E
Corp..No par
Central 111 Light 4%%
pfd.i—100
5
26% Jun
00
40%
Corp.;—
'5%
preferred
I
Central Aguirre Sugar
Central Foundry Co„
May 21
11% May
23
Celotex
46
16% '
39
Co
1st
2nd
-
46
16
52%
*39
10
serles:.____50
par
8
10% Jan
28 % Apr
Feb
General
I>
$4.75
'7%
May 27
,
15
20% May
19 % May.
110%
4%
45%
15%
45%
Friday
June 11
June 10
t per share
52%
30%
8
common
Thursday
:
I per share
15%
109
par
Celanese Corp of Amer
com—No par
32% May 21
Mar 11
I
Dec
Lights.—No
*
53
6%
—100
Co——__i.
preferred
(J
KJ4.
t per share
45
June 9
15%
common..—^
28
•7preferred
.100
Caterpillar Tractorj.__^
No
7
Jun
-
35% Mar
100%
Case
9% May 27
8% Mar 3
2
8% Mar 19
Jan
Corp
Conv
Ohio
&.
Steel
Carriers
Jun : 8
18% Feb
Feb ; 4
7Va Jan
Feb
22%. Nov
Jan
79
Oct
14%
28
18% May 3
Apr 16
6% Feb 28
7% Jun
9
Apr
Dec
"
Carrier
8
May 28
May 27
33% May 21
120 Va Jan
5
17
Feb
96%
12%
44
.10
—
PRICES
Wednesday
;
53
common. ._1
—,
&
Power
Carpenter
140
>"
Clinch
Carolina
104
11
Jan
116
'4% May
:
Feb
10%
Dec
77%
Feb;13
Feb
Jan
A
—
Feb
Feb
7% May
7% Dec
Carolina
68% May 15
39% Jun i 9
97
22% Feb
preferred
SALE
June 8
I per share
Capital Airlines, Inq_,_——1
May 20
.
146
123
'
Feb
19%
100%
9
52% Jun
5
53
28%
197/b May
43 % Jan
*
9
.
130
S3
6 per share
HIGH
Tnesday
June 7
-No par
—_—-
Capital Admin class A
6
31% Apr
3
41% Jan 12
19% May 21
•
1
Feb
Feb.
8% Mar 22
110% Jun
2
Mar 16
6 Va Mar.
May 15
55
Cannon Mills
t
Id
Jan
64
17% May
18
35 Va Mar 30
Dec
158%
May
14
Feb
47
Dec
49 %
:
Oct
7%
-
47% May 19
27% Jan
2
32 y* Mar. 4
Oct
Jan
29% May
1
100% FeD
Jan
50%
'
Mar
AND
Monday
Jane G
Par
,
Feb 13
48% Apr 21
5% Jan
2
*
Jan
39%
12 Vb May
38
LOW
Batarday
\
$ per share
.
11
■
Feb
15%
Dec.
102
I per share
Dec
Apr
BO
.
Lowest
$ per share
Not
STOCKS
NEW YORK STOCK
\ EXCHANGE '
Range since Jan. 1 \
"
Highest
Highest
I per share
■
;
Lowest
5,000
2.000
60%
8%
66%
t
100
12
2,000
13,000
-
14,500
*
18%
18%
18%
31%
3,200 *
31%
31'Va
31%
*52%
4,300
53%
52%
53%
220
19
20
RECORD
STOCK
YORK
NEW
Highest
Lowest
f per
share
f per
share
$ per
I per share
Ospporwsld 8Us] Co
Convertible pref i% series—
Cornell Dubiller Else trie Corp
11
Oct
13
65
Fob
42* Mar 24
12*1107
•1% Deo
20%
Fob
10* Feb
11
Jan
50
Feb
13
Jun
11
Corn R* change
61
Feb
18* Feb
8
23% Jun
11
Corning
18*
32*
Feb
9
97
Jun
11
12
Apr 30
Feb
6
97
17*
Jun
12*
Deo
44
Deo
Feb
105% Jun
105%
•8*
Doe
88
Deo
Jan
59
169
Jan
195
Deo
4
4%
Deo
8*
2*
Deo
4*
29
95
Deo
11*
Deo
16
Dee
30
Jan
~41
Deo
May
82*
Jan
17%
Deo
Deo
Dec
24*
19*
Feb
15 Ve Feb
27*
Nov
18* Feb
12*
Feb
Feb
87% May
13
13
27
11
6* May
Feb
4% Feb
11
12* May
Dec
18% Feb
13
14% May
.
Oct
i 23 %
13 V3 Mar
Feb
15
16*
Deo
Oct
Jan
14
26% May 26
25
2
31% Jun
11
93'/a Jun
10
Jan
5
94
Jun
10
12% Mar
9
15% Jan
5
9% May
5
13% Jan
9
85
23*
Feb
20%
Feb
45%
Oct
11
Bep
33
Aug
31
May
46%
Oct
35* Mar 16
Deo
38*
Feb
29 Vs Feb
45 % Mar
38'A Jan
20
Feb
7% Feb
11
29*
*;
32* May
5* May
10%
Deo
6% May
19%
25% May
44%
20*
27* Mar
Deo
Ang
69
10* May
Deo
Oct
62*
13% July
17*
Jan
18
Oct
Oct
26%
22
22 y6
Jan
12 ya
Feb
22*
Apr
Jan
35%
42* not
50
17*
24%
Feb
11
13
Mar 17
19*
Oct
20
May
29* Feb 10
49
May
19*
Deo
Oct
17
Oct
21*
Jun
15* Jun
76
Jan
47* Jan
42% July
36* Bep
98* Dee
114*
21*
104*
Deo
14
May
80
Dee
10* May
14*
173
Not
May
115%
Deo
92% Dee
110*
Bep
14
Deo
Feb
Feb
Dome Mines Ltd
10
Douglas Aircraft.
Dow Chemical Oe oommon
8
103% Jun
30% Jun
9
Dresser
2
94 y2 May 20
3% ft
Feb
12* Feb
107* Bep
Jun
19% Mar
10
Duplan iCorp
May20
oommon
Du Pont de Nem
187* Jan
2
28
Feb 11
122* Jun
11
99% Jun
3
Preferred $3.50
112% Apr
7
13
Mar 10
115'A Jun
10
,10* Jan
Highest
I per share
Highest
I per
share
i
25% May 27
Jan
46% May 15
Eastman
11
14* Dee
01
42* May
48% July
38* Feb
10
Oct
162* Jan
12
Feb
17 Vo Feb
Feb
82
27*
Feb
13
Mar 10
102
Feb 24
111*
Feb
8%
Feb
65%
Feb
16%
Feb
33% May
39*
Jan
2
Bep
11* May
Dee
130* Deo
64% Jun
47% Feb 28
Dec
25*
Deo
146
174* Apr
57%
4% May
•0* May
10* May
104
3%
19%
171
Feb
156*
Feb
—
6 %
0
106
Jan
Ekco
2
16* Jan
4* %
12
2% May 24
1% Feb
11
13% Feb
11
23 * Jun
3
10
158* Jun
4
11
Boat
Electric Power St
$7
$0
143% Apr 28
Light
com
preferred
preferred
Jan
3
El
17
Dec
12* Feb
11
18 * Jun
8
Emerson
11* Deo
19*
Jan
12* Jan
2
15% May 19
3.SB
38
Apr
10
34
Endicott
107
Mar
9% Mar 18
Feb
27
0
5
Feb
9% Feb
11
Feb
50* Feb
11
8
Jun
104
4% Jan
Jan
10
68* Apr
Jan
9
Feb
Jan
7% Mar 17
32* May
Dee
50%
Oct
38
Feb
10
13* Aug
6
Jan
23
44
60
Jan
40* Mar
9
54% Jun
10
31%
Feb
26% Mar 17
31* Jan
5
20
24
Dec
see
page
11
28.
Feb
20
Radio
RR
Office
16%
17%' *.
19*
*17
40
17*
17*
39
39*/ v
16%
15*
16%
56%
57%
45%
40
•102%
103
r:
::
XX
16%: '
122
98*
14'A
;/f, 200
1,400
r
60
"13% Yl4%
W
14
;
116
*114
115*
700
^
Y.
Friday
Bales fet
June 11
Thursday
June 10
the Week
f per
tper there
I per share
7,700
122*
98*
13%
June 9
I per share
122*
98*
115
116
PRICES
Weduesdaj
June 8
187%
98*
300
A 1.300
186
123
*122
•98%
i
18*
18*
♦16%
186*
186
186*
123
'
HIGH BALE
Tuesday
yy'v
17
•14
14*
xl4*
.14% !
17
*115
116
*115
115
17
300
2,100
11,400
'
95
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18%
98*
99
>
103*
29* ' /30%
y.
95 ••'"■
18%
•122
122
' 122
f.V. 98%
30%
29%
Y *92
19x:
185*
185
184'A
j
•'• Y ;•
99*
103*
95
16%
16%
16%
■
•
5,800
j:
103%
*92
19
5,100
'46
103* 103*/'/y
103%
30%
-
<29%
45%
*18%
95
22,200
59%
57
>
,/ 7i700
103*
♦103
103*
103*
29*
400
17*
39%
16*
103
29
/•/ 170
38%
16%
103 y.
700
?oo
v
52*
*17%
46
*92
®
52*
500
40
-*39
40
1,600
20,800
17
I
38*
.
58
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16*
1,500
17*
X37*
;
16%
x-x
■
17*
'
52*
45%
,mv ',
v'
18
♦39
:
52*
57*
102%
»*v
&
17
16%
16%
f per share
23
&
Eureka
<
3
7* Mar 30
Ex-CelI-0
■.
*0
< -1.
Apr
i
23
9* May 15
14% Jun
11
19%
44
:
<04tv
Shares
15%
7*
7
22*
•156
54%
*141
14%
37*
2*
"
22*
22%
55%
16 Va
16%
74%
74
18*
18%.
18'A
17%
17%
12
12
12%
■>•-'•-?
15%
15
32%
31%
31*
common—IB
100
•102Va
103
1
*4%
5
13%
103% ''
6%
.
58%
*67
17 Ve
•
-.••
10%
47
6%
17 Va
17*
■
Oorp
22%
29,000
22 %
154
139*
140 "t 141
55*.
12%
12*
12%-
15 Va
*15*
15*
32%
32%
32*
5%
14% '•14%
59
60
72
6S8
6%
•'
v
;
61
72
17%
17%
17%
10*
10
10
46
46»/2
46
6%
6%
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6%
118
10
46%
8
54%-
"'■/•vl: 1,400
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'
;
•
■:
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6%
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10
54 3
3.500
35,700
61
6%
6%
•
15 Va
*67
6%
46
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50
'
•
"
46%
17 Va
1,900
/X
5
4%
60*
400
•
r
32%
103%
r 14%
72
16% ®
2,000
y
15*
32%
103 3,4
15*
14%
♦67
1,500
4.200
12%
:
5
5
59%
12*
X
18%
*15'A
104
103%
72 &-
X 70 X
Xl8%
18%
103%
2,300
16 Va
-
73 *i*
X71*
'800
1.400
55'A V 55'A
16
16%
15%
•
1,400
156
155*
Y
.
— _
3,600
1,500
Y
10
2,700
46
1,400
100
6%
1,200
54%
53*
53%
53%
54*
54*
27%
27%
28
*27 Vi
28%
27%
28
27%
27 5 b
*27*
800
22 *
23*
23'A
22
*22*
22*
*21*
Ne pan
Fajardo Bugar Co of Porto
Fedders-Quigan
36.200
10%
"
6%"'
400
2%
X46%
/•
/ 17%
10
6%
37%
2%
18
*67
•
72
10
6%
16'A
4,500
15 Va
15
•37 Va
'
■•'■ 5
14%®"
58'*
i
72
47
;
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Falstaff Brewing Corp.
Farnsworth Televis'n Ss Bad Corp
103 3i
'
5
*
Fairbanks Morse St Oe.
32%.
?■;
-
f
Corp
58%
*67
n
Bxehange Buffet Oesp.
-
13%
14 % Y'?
58%
100
BO
f
0
5
32
,
12J*
■®:; 15 Va
12'*
-15
'
No par
Inc
*102 Va
16
3.300
2%
*55
74*
'
2.000
15
'138*
56
55%
55
/
•'.
20
7%
■■
37%
22% "A 22%
139
•
16%
74%
20
4,500
55'A
7 y8
x55
55%
154
155*
138*
;r.
74*
Y®.: 175 a
">
56
16
154
141
/•;■.-
-
15%
2*
'
156
xl41
141*
•15
23
22%
23*
♦154
158*
92
.
103%
.
15
*
2%
2*
2,000
37%
15%
37
2*
*73
®
14%
37*
2.100
*102%
7%
•>
55%
64%
15%
/
102
••"•7 ;f.
55%
55%
54%
'
7*
14%
2*
55*
102
-
7 >
7*
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37
•
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102
♦100
102
,20
.
19%
*90
*$.
15*
102
5.800
14,900
175
*19
19%
15%
15%
15%
92
*90
92
*90
15%
19*
19*®
19%
19*
10,300
44%
64%
64%
64
/) 9.500
20%
*172
172*
172%
"
64
/
45
44*
Va
44
170%®;
63*
92
•90
,
15*
6%
-W
♦19
19%
21%
170%
63
19*
20%
18%
20%
44%
18%
20*
23%
18%
23%
-.
19 *!
44*
:
170%
63
2*
;
45
*168
54* ' 54%
14*': 14*
?
21
44
91
"
20*
19*
62*
37
5
1
170%
15*
1
IB
Williams Corp
Products Co
Evans
18%
24
23%
24*
23%
18%
"jt •'•■•• 91
4
Bldg
Pittsburgh RR Co
Eversharp
23%
18%
62*
'-19
n
.
Phonograph
common
5
49 % May
23
18%
19
1
23*
18*
'r; »168
; Y
-
Ne par
IB
-
preferred series A
11% Jan
-
&
Johnson Corp
20* May 17
Mar 17
.
14%
Erie
Gas
preferred
5%
14
24*
4
Erie
14
25%
Dee
18%
57*
'•
19
Spar share
No par
No par
No par
Electric Mfg Co
Equitable
10* Nor
14
14
4%
* May 28
15* May 15
61% May 14
64* Mar 13
Natural
Paso
Emerson
13% May 14
7* May
17% Dee
For footnotes
18%
46
•
95
4?.;-.
Empire District Electric Co
29% Feb
11*
19*
103
.
June 7
.
(The).
Jun
5* Mar
44*®:
19
1.400
46
*43 *
45
56
28%
common.
76.
Feb
*45*'-
44%
17*
17*
381
16%
17
28%
Convertible preferred
Ne par
Ilec & Mus Ind Amer shares
Electric Auto-Lits
1
10
13
~9%
46
44*
18%
43*
Electric
Jun
55* Feb
May
27%
45*
-
17'A
37
ni
27%);,'
27%
27%
52 *
53
*51*
X.;
15
45%
•39
40
700
25 *>.;.:
••
28*
16*
16*
2,500
;
/ 43*
18
18*
*39
.
Monday
closed
16* Mar 24
Oct
~4%
*14
*19 ft-
/X
7,300
13%;":®
:.
*25.
15
43
•
-
19
?,
16
y®
103
y/xxX/./Y-X Jnne G
37% Jun
Apr
•
18
56%
Saturday
t*
56
69%
Jan
X/
44*
14*
19
46% May
9* May
May
43
19
.
53
115
13
Elgin National Watch Co
28*
X®.
182 -x 183%
20
Electric Storage Battsry
z6*
25*
*14
45*
45*
43
18*
16*
Feb
Xl4
13*
*25*
28*
28
45*
-
13%
13%
"
45%'
6,000
;
64*
?*60*
v
8,400
-
21% /
25%
15
i
52%
21%
13%'
10,800
Y
32*
>
300
S
2,800
10*
52
25
•14
•18*
Feb
6* Apr
X
15
♦92
II
Feb
25*
>*14
102%
,'Y
32% Feb
97
12%
24%
28*" i'*'.: 27*
45*
102%
43
Dec
12%
*
15
'
32*
X/?•''■
13*
>
'A
;.y
13*
64
♦60*
60
•60*
64
♦100
6
13%
64 *
V('
9
Mar
♦60*
-103
8top Nut Ce
17
85
21%
21*
'
8
66% Jan
Not
21*
IB
common
19
63
21%
21%
*27%
preferred
Elastic
May 21
Co
Products
10
12*
52%
21%
16%
%
14* Feb
67
51
56
preferred
49* Feb
Deo
50%
Bros Stores Loo
4% ft
Oct
8*
50
44 i'v
Manufacturing Co
Edison
57%
47* May
49%
;
24% Mar
4%
48*
37
prefsrr
cumulative
Eaton
10
92% Jun
8
123* Feb
47'A
32%
49*
17*'.
i'
■47
-•'
10%
31%
Kodak Co eomm
Deo
May
Deo
10%
31*
exchange
Jan
3*
10%
30%
LOW AND
10*
27* May
10*
30%
■
47
102
10*
21%
2,800
X ® 10,500
34*
-10%.
9%
25*5'
*
Stainless Steel Oerp
Eastern
19% May 17
1
13
Feb
46'*
29%
X
39%
42%
■
*34
34% X
45%
9%
:,s
5
139
33%
45%
30ft
V
7.000
J
;
38
34'A
45
10%
42%
42%
-/X
"XX > •'•-/•: 3,100
14
10
•■•■
20
94%
XXX 14
9%
*'14
5* Jan
Jan
July
*33*
44%
43%
'
■astern Airlines Inc.
16% Mar 10
20% May 18
22% Jan
8
10* Aug
34*
44
34
ft 3
Bafle-Plchsr Co
16* Feb
Mar
•33
stock
19% Feb 27
•
42
*25*
Far
Apr
109
37%
42%
36*
I per share
24*
Deo
38%
ZX'yf:X®'X. 20
95
*93
Y
:;•'••
•'.r
25% Aug
88
10% X
38*
§
Jan
42% May
18* Deo
10%
41*
series—Neper
1st pfd
,,
IBB
Not
198*
14%
10*
99
16
Dee
14
x38Vs
*121
18*
163
14%
41%
*60*
Jfo per
IBs
IBB
1
XX-XX::: NEW YORK STOCK
:"xx vr-" 7- xxchanob x
Range elneo Jan. 1
Lowest
14%,
V:
•
38%
No per
STOCKS
v
94
10*
17%
.
Preferred $4.50 series
a
93*
93
10*
♦52*
Duquesne Light 0ft
D W Q Cigar Corp
94
92%
93
■■•,
'.
'
No per
(■ I) is Co eem-.lB
Mar 18
164
113% Jan
92*
31
*93
30%
41%
x
Ne per
preferred—
International
Dunhill
May 15
18
Industries
conr
5,700
38
No per
series A—
13.25 2nd preferred
0
31%
10%
.No par
$4 preferred
13
X-
41'A
•
24
11
31 Va
38*
No per
Ne per
A
Pepper Co—
Corp—
Jan
Year 1947
Lowest
Class
8,800
10
16*
Dr.
26
40%
y
100
*17
XX.v' 26 X"'
38*
•43
400
;:X-
17* >
17%
26%
10*
•33
——
Feb
20
14%
40
Jan
115*
14*
X:;X 100
17%
•
26
*17%
30
14*
.-•-'•14
3,800
93%
17%
•
17%
30
93
30%
93*
30 *
18
♦91*
92
16*
83
Not
*91*
•91*
,1,500
1
93% &
18
*91%
X
92*
93
31
XX
30%
♦93%
60
V
26%
26
30%
30
30*
30
40
21
11
12* Mar 11
X25%
25*
'
No par
90 /Feb
July
24
•91*
Doehler-Jarris
.
*17*
26*
18
0
Jun
18*
17%
S
1
11
46
•17%
♦17*
Corp-Seagramg Ltd
Oct
Range for Previous
I per share
2
103* Jun
0
17%
.--.17-
17
19
Feb
17%
17%
3,300
•
134
30*
•30%
30
94
*18*
Deo
129* Aug
♦93 Ve
xl7%
1
98*
197
93*
42*
23
19
30*
93*
SB
Jan
19
2
32% Feb 20
97
29*
X
-'17%
-
No per
67% Apr
11
<
29%
93
24
23%
134
y
48*
Dixie Cup Co common
Apr 21
23
13
Feb
29
39*
16* May
40* May
closed
30*
2.9*
93
<
8*
46,800
8*
8
•
23%
30%
31 i.
30*
30 X'
; 30
29*
.
8
*130 > 140
30*
-
40
100
'
•
23%
24
140
*130
134
;><
8*
®
8
x23%
24%'
23*
134
200
v
24.100
59
*57%
59
*57*
.V
10%
139
*137
139
*137 /
57*
57*
1,200
22
10*
10%
10%
140
*138
57*
8 X"
16
*20*
22
♦20*
88
••'
'
11*
1,600
12%
12%
16
•
29*
39* Jun
May 11
28% May
Jun
56
0
47* Mar
Feb
55%
v34
41,.
22 '
10%
5,800
180
♦85*
16*
16*
16%
•20%
"'•V 7%
8
RR
common
Dlrco Corp.
17% May 21
14% Mar 12
Sep
*16%
220
'
♦161
88
*85
,
800
78
14 % ,•'14*
;
13
12%
13
90
10%
138
14'A
90
29%
29%
180
*161
16*
23%
137
29*
•
40*
13
*77
29%
'
14'A
.1.4%
180
20%
43
Distill
29*
9%
•56%
v
partlc preferred
Diamond T Motor Car Co
xl9% May 21
77
31
28
77%
77
*85
•91*
6ft
19% May 26
Jan
18*
16
Match
Diamond
10
Feb
Deo
10*
10
44% Jun
13
Feb
38
2
Jun
8,800
■
I
S
De Vllblse Co
—
•
Devoe Ac R&ynolde class A——13.0B
10
16% Jan
46
59
7%
/■
87
137
137
23*
Detroit Steel Corp
28* Jun
550
28%
15%
v?;-
10
•130
Detroit-Michigan Store Co
1
122%
28*
23
20*
15%
*56%
.-v.:
•> *85
/
21
-
•135
Detroit Hillsdale * ■ W ltR Co—IBB
9
Jun
122%
*161 •:;
12%
12%
12%
Edison
Detroit
123 %
14
180
♦161
180«
87
ctfs for pfd.
60 Va Jan
11
Mar 18
Mar 30
Feb 21
Mar 12
14%
ctfs for com.
Escrow
13% May 24
31%
11* May
Escrow
11
26
47
Deo
10
52% Jun
21% May 17
123*
28%
21%
32% Jun
10* Feb
35*
Jan
Lack St Western
Denver Be Rio Qrande West
0
Jan
Delaware
125
*29%
30
13%
SB
Hudson
St
100%
77
100
00
preferred
7%
Delaware
32%
100 %
77
1
11% May 15
11
32% Mar 10
20
Apr
9
58
2
32*
100%
26*
No par
common
48* May 14
14% Feb
20* May
-
46 y« Jan
34% May 24
0
Co
St
33*
100%
27
00s
Deere
X32 %
76*
29%
700
4,500
33%
125
14*
600
4,500
44*
100*
76*
9%
1
Deep Rock Oil Corp
26
*43*
*
100%
0Qo
41% Apr 29
'
Feb 20
30
25%
2,600
33 *
125
124
100
100
series A
Preferred 3.75% series B
24%
27*
1
Preferred 3.75%
10%
23%
':
100
♦100
•12*
3.00
30
Decca Records Ine
Deo
101* July
'
10%
23%
44
'
•85
stock
Dayton Rubber Co
84
Bep
6
Jan
101% July
12%
2
17% Jan
18* Feb
82% Dee
84
20% Jan
25
10%
24*
25%
33*
400
99
10%
25%
43*
1,700
6,000
.
'24*
43%
33
8,500
39
♦98
99*
44
43*
'
38%
39
38*
25%
29*
exchange
eeri es A.
Davega Stores Corp common
5% preferred
Darison Chemical Corp (The)
Dayton Pwr St Light oommon
3
200
♦98%
28*
*161
common.
5
3
44
13%
He pea
.
4%
\
25%
•28*
pfd 3%%
Cum
24% Feb
24%
35 %
Jan
24
Dane Corp
May 26
94
4
9
87* Mar
Sep
97
Not
90*
Caller-Hammer Ine.,
10
30% Jun
Mar 16
20
Bep
26%
19* Aug
pf4
Sons Ine 7*
Cushman'e
May 18
X31% May 26
176
98
11*
•24
76
i
175*
25%
26%
1
100
Class A
134
24%
32%
32%
15%
Apr 19
25
..
27
21* Mar 16
:;30% Feb
18* May
.
Jan
133
Apr
132
Fob
129
16
8% Apr
8%
21*
24%
44
*43*
No par
No par
1
6,600
175*
175*
39
98
10%
V
10%
'25
25
*20*
preferred
Prior preferred
Curtisi-Wrlght common
38*
98
98
X10%
<
y
24*
■
87
May 14
61
4* May
38
11
24%
IB
65%
4%
•23*
100
10
65%
3
38%
70
:
66*
3
m
3,100
•
97*
:
4%.'
X
: i
490
*95*
65*
66
,
3*
175
'
100
97
4%
97*
V
96
3%
Cunningham Drug Stores Ine—3.IB
Curti* Pub Co (The) com
No par
7
May
65%
66*
'
175*
10%
18B
Cuneo Press Inc
13
11% May 15
146
17
Mar 11
48
Mar
70
Jun
66
7
6
17% May 18
24* Jan
122% Feb
Dec
147
Jan
113*
81 ya Jan
Mar
101
96
23%
96
96
•94
3
38*.
10B
preferred
4*%
97
65%
123
Cudahy Packing Co common
13% May 21
23%
97
23*
*95
23*
23*
•94
4%
100'A
pfd
23*
55 %
55%
96
95*
175*
*3
oom—No par
non-cum
56
3
122
preferred
7%
4
Jun
177
6ft
RR
55*
4%
97%
Cuban-American Sugar common__ 10
16* May 21
55%
3
100
preferred
conv
Cuba
17
Jan
34
5ft
55%
55*
4%
.No per
Crucible Steel of Amir
9
2
14%
174*
.No pax
preferred.
84 2nd
14%
23*
v.
.
37%
84.20 preferred.
1
Jun
28% Jun
Oct
*16
1
78'A Jun
9
10* Mar
Sep
6
102% May 10
2
12% Feb 11
155
Apr 21
Jan
21 y»
165
Jan
12*
8
129
26% Mar
Oct
34%
-
LI* May
165
Feb
Jan
15
14%
4%
4%
common.
14%
175*
•175
3% %
46'/a Mar
91* Feb
65%
Creameries
34% Jun
24
102* Feb 18
22
Feb 10
66* Mar 17
37%
Deo
22
2
26% Mar 16
96
22* May
66
11
34*
105*1£«7
Jan
Co
45*
14%
*94
65*
preferred.
of America.
Cream of Wheat Carp (The)
S
Crown Cork k Seal new oom__3.00
$2 preferred
He par
Crown Zellerbacb Corp
24% Jun
108%
Oct
Feb
130ys Oct
2
26* May 27
Jan
42
Crane
■
94
■<
45*
15*
22%
95
94
Coty International Ourp.
2
Jun.
13
preferred
7%
Cety Ine
2
98* Jun
Mar 18
17% Feb
Apr
68
x39 *
Feb
*21
52% Mar
~Doo
26
5* Jan
3% Feb
11
9% May 13
Oct
22*
9
Mar 19
2
177
13
Feb
Feb
Mar
107
27
Mar
46
14%
55*
55%
40
3,700
46
Xl4%
23
95
14,900
18*
46*
*45*
*94%
55'A
22*
M
S
MB
IBB
BS
IBB
1
Glass
14%
14%
1
>
Shares
17%
47
•46
48
•46
Bank * T* Oe
Werks isssinn
3*% preferred
Cum pfd 3*14 ear at 1947.
Corn Products Refining earn
66% Mar 24
•
,
Mar 16
i
2* Mar 17
Jan
40 Va
26* May
'56
Jan
92
Aug
75*
Bop
61*
170
92
May 20
15* May 27
48
s
the Week
17*
17
•
17%
,'•.1.7*
Sales far
S per share
share
f per
< per share
17%
16*
16%
16
Friday
June 11
Thursday
June 10
June 9
t per share
share
8 per
fper share
share
18* Jun
11
Feb
EXCHANGE
Highest
Lowest
June 8
June 7
June 5
BALK PRICES
Wednesday
Tuesday
Men day
Saturday
YORK STOCK
NEW
Bange sine* Jan. 1
Year 1647
AND HIGH
LOW
STOCKS
Itoft tor Previous
Monday, June 14, 1948
FINANCIAL CHRONICLE
k
COMMERCIAL
THE
(2588)
9%
8%
9 Va
18,500
14%
14*
14%
21,600
53
1
8%
1
13%
8*
13%
22
8%
13%
22%
22*
8%
8%
14
13%
9%
14
8%
14
1,100
"
•
Volume
Number 4707
167
THE
COMMERCIAL
NEW
Range for Previous
32
(
I per share
42% Mar
35% Feb
Deo
23% July
14% Feb
16
28% July
19
'
Apr
Deo
107%
Jun
90
Feb
Dee
26%
Feb
20 ^
Feb
10
20% May
46% May
•
26V*
59%
Feb
61
Feb
43 4
104
Jun
Sep?
62%
14% May
it,
'
i«'
104
21 %
Oct
68
11
99
Dec
May
13
Dec
107% Jun
58
v
IB
Feb
X98
Feb
26
30
Feb
26
24
.9
Dec
23% Feb
Feb
May 17
10
May 27
30 % May 26
14% Jun
1
14% Mar 19
15%
May
Aug
40%
14% Jan
X104
13% Feb 21
Jan
-
2
42% Jun
Jan
May
21% Jan
40% Jan
11
9% Mar 17
6
12
12% May 24
33
24
X45% Jun
11
89
110~ July
Feb
Feb
3
103 % Jun
11
>
91
<
19% May
23% May
32%
Dec
24% Feb 27
26%
Jan
22
12y4 May
25%
'
Dec
r36%
5
11%
<
18%
17%
c
8
37
"•
-
;
5
13
Jan
99% Mar 24
185
14%
33
39%
v
Dec
120%
Jan
Dec
129
14'A May
13% Jun
9
78% Jan
41
26
Jun
9
Jan
2
28
4
43
Federal Motor Truck.
4%*
preferred
Natlsnal
Firth
119% Feb
19
93% Feb
3
10
125% Jun
1
19
v
May
128
Oct
/3% May
18% May
18
4%
2nd
conv
$3.50
General
General
Mills
4% May 21
14% May 15
Gen
Gen
Publlo
29
Gen
Railway Signal
19%
B0
Feb
Oct
22% Feb
11
30% Jun
9
Jan
25
Feb
13
31% Jan
12
110% Feb
13
123 JA Jan
2
4% Mar 11
124% Jan
35%
Apr
30
■,<
Dec
21% May
Dec
Nov # (: 98
108
v
22% Feb
98 %
Feb
29% May 18
30 y« May
6
101% May 22
11
Apr
2
22 % Feb
14
29% May 24
Feb
10
90
Jan
v
6% May 24
Mar 30
25
Apr
40%
88
Jan
Feb
100
81
,
29
85
Feb
72% Jan 23
May 12
82% May 19
? •
39%
•
103
1
.»
16%.
6%
Gen
•
STOCK
;
CLOSED
'*i' • C
;
Lowest
;
23% May
90
36%
Dec
27% Feb
105%
Jan
Feb
Apr 26
17% Feb 14
Jan
79
26% Nov
21
103
51% May
j 68
Sep
7
Feb
124
Oct
-
6% May
104%
21
Jun
Dec
49
33
Jun
99%
Dec
;
90
10
Dec
17% May
85
Dec
22% Dec
<
f per share
71%
106
»
13
Apr
25
May 15
85% Jun
30
3
Mar 17
28
May 18
48% Feb 27
54
Jun
7
6
Jan
9
4
113
Feb
Mar
1
Mar 10
19% Feb
121% Apr 22
18
Feb
94% Mar 11
11
Dec
Dec
109
Aug
96% Mar 18
24
Jan
16% Feb
11
23% Jun
11
Oct
3% Feb
27
5% Jan
2
8%
May
6%
31
Dec
38% Mar 17
8% Mar
5% Feb
Jun
41
12% May
Dec
21%
Oct
33
Jan
107
Mar
90
23%
90
Dec
9
Jan
14
11
33
Jun
Feb
16
31
May 26
Feb
26
98% Jun
14%
Feb
Dec
37%
Feb
29
Dec
17
Sep
12% Jan
-.
133
49%
Dec
Dec
163%
89
70
May
29% Oct
14%
Dec
9
July
92
Dec
17
May
4% May
78
v
>
May
6% May
31% May
87% Apr
13% Dee
13% Jun
Mar 27
34
19 ?
36% Feb
22
Jan
Jan
132
Feb
27
Feb
60
Apr
Jun
10
9
11
1
11
15% May 21
50% May 15
23 y» Jun
1
11
20
10
;
-
i
9% Mar 16
Feb
27% Mar
23
Feb
May1
34% May
8% Apr
40% Jun
18
12
>20
17
24
28
:
47% May 20
104% Jun:. 3
25% Feb
.
x
144
Jan
20
Jan
27
40% Jun
9
77v
35% Aug
21% Mar
29% Feb 21
14
Mar 16
17% May 17
12
10
Feb
13% May 17
105%
33
8%
95
Dec
Feb
Dec
91% Apr
30% Feb
Jan
Dec
5% Mar
85 z
Feb
con?
Gold
Stock
is
Co
(B F)
preferred
Goodyear Tire is Rub
$5 preferred
Gotham
'«V'")rxy:" ::
i
Hoeiery
Granby Coneol M 8 &
Grand
Union
Co
1%
Green
Sugar
1,
38%
16
98
11
46% Jun
9
8
7
Jun
94
Jun
4
preferred...
Feb
12% Feb
11
Dec
44
Feb
10
57
Dec
67% Feb
lO-
78% Jun
10
Oulf Oil
9%
16%
Sep
11
17% Jun
11
Gulf States Utilities Co
59%
5,300
17%
17%
17%
4,200
108
58%
•105
59%
800
107
57%
•
58%
♦103%
105
♦103%
9%
10
9%
157
10
•155
157
♦155
?'■>•-
13
13
13%
13
13%
12%
13%
13%
13%
13%
13%
13%
.
.
20
13
.
2,800
13%
76'/a
78
79
♦77
79
510
40%
40%
41
40%
41
*40%
41
5,200
23
23
23
23
22%
23
1,200
♦134
137
*134
137
♦135 Va
137
137
41%
41%
40
41
*94
,
*77
41%
42
41%
41%
40%
:
40%
40
40%
95
94
*94
95%
..
41 %
94
.
42%
39%
.
—
10%
•
10%
ii/".
62%
11%
11%
11%
11%
22,000
49%
V
11%
49%
50
50
49%-
49%
1,400
•
.
127
4
64
'
127
♦126
128
*126
128
♦106
J
:
109
*106
109%
♦106
109%
200
64 Ys
63%
64%
64%
■64
124%
99%
99%
99%
99%
99%
17
16%
16%
16%
17%
45,200
124%
1,000
99 %
99 %
99%
16%
64%
124%
124%
124%
125
V"
125
60
125
'
/>
/ 17
21
21%
17%
17%
4
1,900
X21 %
■:"V
21%
21%
21%
21%
21%
3,900
17%
17%
16%
17%
16%
16%
2,000
4%
2,700
19,900
4%
4%
4%
4%
4%
4%.
4
13%
13%
13%
13%
13%
13%
13%
13%
27%
26%
27
27
27
27%
28 V*
*125%
127
v,
127
'
X127
-•-•v
27%
27
103
27%
•
*89
%
EXCHANGE
36%
■
•
■
119
'
27%
28%
92 *.r
82%
'
vlj: t-'<^
.i !
y
*7%
103%
82%
*80
■fe
6,500
82%
Friday
Bales for
June 11
the Week
• per share
23 Va
23% >
23
86
♦82%
# per share
233/8
'
27%
27
54%
V'
'
88
102
1
26%
♦53%
54%
300
5%
5%
2,600
121
V-
5%
*119
122
23%
23%
24%
23 3
61
61%'
103'? <
45%
19%
4%
20
-
:
5,400
V
14%
•>-.
21%
23%
4,500
4%
•
4%' V'4%
4%
13,800
'! 7 V4
7%
7 Va
40
40'%
40%
40%
40 V4
40%
32%
33
32%
323/8-
31%
323'a
293/4
293/4
30
X28%
29%
29 %
30
97%
97%
973/4
*96%
99
13%
35
14%
443,8
x215/a
V
X141%
♦65
39%
39%
v
13%
*34
-14%
14%
15
22%
21%
141%
♦65
68
40
-
40%
15%
12% .'v
98
97%
97%
39%
39%
40
♦15%
12 Va
♦97
40%
6%
6
92%
♦91
98%
13%
1,300
V
500
4,400
2,800
-
98%
34
290
13 Va
13 V4
34%
143/a
46%
15%
91
13 Va
♦34
z-
15
46%
22
142
7% "
1,900
34
100
'
46%
12
94
13%
34%
46
153/4
6%
•
v'7%
-
•
12%
6
7,200
200
32%
*34
>
300
45%
102
97%
...
'"
102 Va
102
20%-: fdi'%
ih jLih}
43/4 r'
7%
C
70
2,800
61%
45 Va
W 1(54-
6,800
24
a
102%
■
45 %<
*102
20%
4%
7%
41%
*102
45%
102 V*
?
119
60 %
102%
-
27
*116%
62
»101%
x
45%
7%
27 Va
60%
'
104
26%
23%
60 Va"
100
9,700
88
♦82%
53 Vf>63%
5%:-:
121
.*23%
3,800
22%'
54%
5%
121
22%
88
Shares
95%
27%-'
v
♦53
,
5%
♦82 %
'
373/8
37%.
*94
31
443/4 I':
•92%
Thursday
June 10
t per share
23
♦12%
/
22%
6
;
29%
/:
22%
39%
-.
92
*80
94%
♦383/4
68
v
,
29%
PRICES
June 9
*
4%
V
43%
'
2,100
i
-VVA;
1
BALE
Wednesday
i9%
,
.
7%.
98
1
J
82%
37%
*102
29%
No par
v
37%
45%
4%
97%
.973/3
'
-
103
28%
♦89
94%
101%
45
29%
12
*80
3,000
29
*100
29
95%
121
104%»
19%"
V
*15%
310
27 Va
*27%
92
37%
5%
120
;
■
122
27
103
28%
♦89-
37%
27 .'
31
39%
♦100
29 %
92 ';
♦94%
♦53
5%
40
?•'
103
♦82%
:
54
30 Va
v-
28%
21%
.
27%
*38 %
T
♦100
" 29
28%
:
96
59%
4%
3,000
1,800
27%
122
27%
28%
L-if;
37%"
37
23 %
19
V
,U.
*93
59
44%
27%
:
27%
*89
/
June 8
23%
♦103
.
AND HIGH
23
."''/A y* •102
27%
122
27% /
28
103
58%
'I/,•;.C;
27%
121
30
'
• per share
86
5%
28
121 %
10
6,600
'
96
54
27%
120
X27%
Toesday
22
7"27:
'
29%
6%
.'fv
37>/4
21%
f/;
r
30%
»80
W
f
•82 V4
i
30
*89
-
,
Monday
•93
CLOSED
"'■■■
30%
27%
June 7
v-.* ^
29%
1,800
127
6 Va
27%
27%
92
• per share
-y
6%
121
*100
■
27%"
—-
V
:
V per share
>
6
27%
-l
'■
125 Va
6%
27%
•80 -i' M 82%
_
*
127
6%
29%
28%
121
<
27%
•100
;
♦125%
'
6%
27%
120 %
•26
J<
t
127
5%
5%
'28%
120
<3
1,500
17%
"
*26%
27%
v.
100
..
.
13%
27%
X
r
9,100
95
10%
"
}>:. \'}. v If; •:
STOCK
40,300
40%
♦94
26%
•28%
-y&l
51,600
22%
13%
5%
—•.
76
4%
-
•126
[!v:
u
3,500
38%
21%
21%.
■
'J '■ <r,W^Vu•'X
'
22%
x
16% -16%
^
k'ft'h *r
.
r
157
12%
"
<
2,000
105
10
♦155
157
•134
144
25
25%
-
26%
47%
21%
1438
>46%
-
14%
/
;l
47
21Va
22
/
142
142
*141%
142
♦66
68
*66%
68
I--
40%
40
40%
39 V*
16
15%
15%
♦15%
12%
12 Va
123/8
12Va
97
97
43%
443/8
443/4
6 %
73/8
8
92%
8,800
3,400
'-
t
3.300
141%
68
98
41
1
6%
♦6
92%
•91
21%
/ *97
93
150
39%
3,400
16
300
12%
43,500
98
30
46%
13,800
••
17,700
94
80
163/4
17
17%
18%
18%
18%
18 Va
19%
183a
19
24,400
55%
55%
553/4
56%
56%
56%
57
57
56%
56%
1,400
75%
75%
75%
76%
76%
77
77
78%
78 V*
78%
24,400
16%
"
17
16%
17%
17 ye
17%
17
17%
17%
17%
8,500
!
par
Corp
9,200
43
25%
*105
x
105 /..
10
110
144
Gulf Mobile is Ohio RR eom.No
par
$5 preferred
No
9%
8%
42
25 %
17%
17%
108
59
127
•64
X
8%
42%
200
2,600
24%
•103%
•
Aircraft Corp
8%
*41
500
16
22%
1
•
*106
•
100
Guantanamo Sugar common
9
•
42%
17%
59%
\.
25%
♦105
105
♦126
4"
f
14%
'
8%
17%
108
100
Grumman
22%
1
24%
107
9%
16
'
*40%
.
49
100
I
76%
2
8%
X49
14%
51
Jan
22 %
11,100
'
12%
10%
No par
11
19% May 15
May 21
♦15%
76
95
■
com
preferred
conv
15%
22%
>.-■
13
Common
$5
15%
22%
>
34
11
May 21
16
22%
-
137
12%
Greenfield Tap k Die Corp_N»
par
4%%
16
22%
-':>16%--16%
Greyhound Corp (The)—
5
9%
18%
22%
•32%
Co Inc
3,600
9%
18%
-49%
:.V
;<vV;r'
10
9%
18%
157
12%
No par
preferred
Bay is Western RR
Green (H L)
9%
200
9%
12%'
No par
No par
pfd
Gt Nothera Iron Ore
Prop
Gt Northern Ry 6%
Great Western
10 Va
5,200
84
18%
r*104
157
x
pfd
conv
10
'
•83
9%
.
99%
No par
City Steel
No par
(WT) Co common..
B
3%% preferred
100
Grayson-Roblnson Stores com
1
Grant
cum
10%
10
2,500
2,000
22%
23%
18%
17%
•62%
100
$
22%
-
12%
x9 %
8%
125%
l
P
♦12%
83
9%
59%
61%
Granite
$2.25
83
2,200
9%
43 %
♦18%
10%
'
Graham-Paige Motors
12%
23%
127 V*
-
•atwriay
No par
No par
♦12%
-
9%
♦103%
99%
V
No par
com
12%
.23
13%
9%
43%
•
18%
59%
♦124%
No par
No par
No par
13%
9%
45
*15%
21%
105
10%
lo
com
$5
13%
9
♦43%
83
108
:•
l
Inc
13%
-
23%
49%
so
Telegraph Co
13%
83
127 %
f
com
25
i8%
•
76
June 5
preferred
*24%,
*
20
No par
No par
2,200
22%
9%
V
22%
S'VvVvS'"1'., ')''
Per
common
890
35%
82
'
2,000
103'A
45%
•12%
45%
102
X35 %
25
*24%
9
X43%,
35%
J9%
LOW
Brewing Co
Goodrich
May 21
102% Jun
13% May
3
4%%
Goebel
Goodall-Sanford
95
Feb
Brothers
$4.50 preferred
Glidden Oo (The)
64
47% Mar 16
July
Glmbel
12%
22%
17%
•94
Gillette Safety Razor com.—No
par
$5 conv preference
No par
24% May 17
41 y«
61%
*12%
107
•134
g
;V\;
-«
*8%
45
43%
103
'
35%
25
13%
9%
46
41
38
?
V-
EXCHANGE
39% May 21
96% Jun
2
13%
43
102'/a
36%
>
♦24%
25
12%
e'.1
log
1% NEW YORK STOCK
/
36
25
24%
76
pfd—No par
com
44%
102
102
700
13,800
3,400
i
•
log
I per share
♦43%
36
41
Vj.f
f per share
43%
■
9
STOCKS
Highest
f per share
10%.
13%
8%
•>
Rsnge sines Jan. 1
Lowest
Highest
16%
102%
2,500
31
10%
■t
.
Year 1947
16%.
30%
11
40'/a
12%i:
}'kh i-'1
■%;
log
Range for Frevloue
16%
31
10%
*
lOo
preferred—
1%*
16%
30%
24%
-•157
14%" 14%
11%
24%
10
14%
16%
40%
59%
14%
31%.
45
V.
130
800
*
10%
'
•
12,200
34%
16%
-
16
♦103%
■41%
101'/a
•34
~
30%
*24%
21%
17%
41%-
34%
11%
9%
•104
.500
1,200
101%
102%
34%
20
16%-
35
9%
8%
r
♦101%
14%.
100
58
19%.
30%.
82
21%
;'v'
-
•
3,500
*
43%
19
•15%
;
57
19% ,19%
41%
42%
35
1,500
50
107%
"
16 %j
83
♦18%
49%
•106 %
57
102'A
12%
-
9%
>
.
:-V'v.V
1'
No par
1
preferred
42 %c
50
107%
11%
...
700
6,300
.
29
-..
9%
'
49%
102%
14%
•9%
EXCHANGE
—B
preferred
4V*%
14%
14
'<■
83
=
No par
100
General Telephone Corp
Gen Tim* Instr
Corp com
Oen Tire ft Rubber Co
14%-
'-.-21% -22%:"
par
Corp
com
407%
*34%
>46%^'
I0e
General Shoe
4%%
.
*101%
'
'
1
Equip Corp..JNTo
Corp
Castings $6
'
35
25 >->>
4-., *12%
.No par
Refractories
Steel
19%
41%
Co
Realty is Utilities
Gen
19%
50
'
No par
No par
preferred
General
19%
44
:9%
1$
Advertising
Utilities
♦56%
28%
■v
100
Cement
*106'/a
56%
35
.16%)
..
*24%
14
r.v:
i
I
series
Portland
107%
56%
40-%
810
.
66
49%
39 %-
200
25%
66
•106%
102
102'/*
.34% .35
.
'
24%,
66%
14%''
43%
...
;
26
66%
50%
11% .11%
i
24%
66%
56%
101% 101%
1,100
19%
26%
107%
\..
41%
66%.
48%
■
40
,
♦23
41%
♦19
26
35
14%
-
23%
*19%
103 V.
n,
..*34%
»
98
■
♦106%
-
19% .,•19%
.
98
X22%
56%
107%
40
Public Service
May 18
-■
.
:■>,
-
48%/-'1
107%
39%
Corp com
13
Outdoor
67
.
x56%. v.-57%
100
Precision
128% Jan
48%:
•
'.j
No par
$3.75
66'A
66 %
41%
preferred
J%% oonr preferred
Preferred
25%
23%
26 V*
No par
No par
5%
Gen
97%
23%
No par
com
common
Oeneral Motors
B5 preferred
97%
23%/.' (;
'
Instrument Corp
Gen
22
23%
B0
!
Corp
preferred
18% May 27
May 12
97%
♦23%
No par
com
Co
Foods
3
21% Mar 16
97%
23%
■'
r
97
,
24%' « 25 Va
100
General
36%
Dec
Inc
21% May 25
124
97%
97
28%
No par
100
1%
11
11% Jan
Feb
Feb
97%
t
5
preferred
General Cigar Co
10% Feb
Jan
>
5,800
60
1.66%
Corp
General Cable Corp com
4*
1st preferred
10
6%
May
101% Apr
26%
■
31%
com—1
General Bronx*
10
29%
•
26
V
16%
31%
140
30%
Amer Transportation
S
pfd series A
No par
Baking Oo common
8
preferred
No par
99% Jun
2% Feb
31
$4.25
17 JA Jun
Feb
30'/a
General
1
4%
31
General
17
Mar
30 %
100
12% Mar 17
14
30%
1
com
•4.50 preferred
9
Jun
1,800
29
28%. -29%
:f
fc_No par
Inc
American Investors
Jan
64% Jun
v
.
1
Co
12
108
11
No par
Industries
General
10
10%
t
..1
cem
(Hie)
2
Feb
11%
.Zv.
'*<(
20
8
50% Mar 16
10%
'
166
4%% conv preferred
Gaylord Container Corp
General
11%
i
1
(The)
Mar 13
'97
i
1
preferred
Wood
10%
i
—10
Galr Co Ino (Robert)
Gar
11
Ifl
preferred
Gardner-Denver
10%
V
Froedtert Oraln * Malting Co Ine.l
Frushauf Trailer Co common
—1
Co
11
No par
Co
GameweU
10%
....
l-V
—_No par
Sugar Co
Oo
19%
66%
.7%.
Corp
6%
42 %
19%
._3#
Stores
Gabriel
*41%
19%
■'A.
Mspar
6*- prior preferred.
cum
42
19%
23%
Food Machinery Corp (new)
t_lo
3V*% earn conv pfd
—<.100
Foster-Wheeler Corp common
—16
41
41 %
19
»
10O
Stool Corp
:
Food Fair Stores Inc——-
Sulphur
therea
42
,
No par
FoUanslms
Franklin
§ per share
41%
16
—
Freeport
Sales fst
toe Week
*18%
i
1
(Tho) Carpet Co—
Francisco
f per share
if per share
19
X
Fllntkoto Co (The) common—No par
64 pyotorrod ,
Ne par
Florence Steve Co.
-Nopar
•
Friday
June 11
June 10
< per share
41%
.
B
Stores.
'Florida Fewer Corp..
Plorshafca Shoo class A
6 per sharp
Thursday
'June 9
*18%
•
Firestone Tire is Rubber coat.—,36
First
Wednesday
f.
No par
_
Fidelity FhenFlre In* N Y
Jun
25
r-> • ;
PRICKS
SALS
June 8
^•r.,*40Va
Felt * Tarrant Mfg Co
Ferro luaal Carp...——
Jun
50% May 15
128% Jun
2
v
—B
Federated Dept Stores com
Ne par
4%* convertible preferred—100
May 27
118% Feb
'
Mining * ■melting
Federal-Mogul Corp
41
1'1
6 psr share
AND HIGH
Toesday
June 7
»
Federal
96
Mar
2% May
11% Dec
Monday
June 5
Far
2
40% Feb
84
/•
Saturday
„
(2589)
RECORD
EXCHANGE
preferred
General Ksctrlc
Mar 19
9
Feb
•
3
Jan
Dec i > 107% Sep
d 19% Jan
13% May
18% Oct >
26% Dec
13% Dec
26
Feb
*
1
24
34
Feb
65%
Jun
144
88% Jan
Feb
X122
Dec
9
31% Mar 11
Feb
131%
May 12
6
May
Jan
64% July
63% May 15
159
20% Feb 27
136
16% Mar
May
May 28
10% Jan
Apr 22
Aug
103
9
106
/
34% Mar 10
Jan
45%
v
•.*
6
Apr
73
Feb
160
Dec
81%
Feb
83% July
47% Feb
24
105
1
9% Mar 17
9% Feb 11
Jan
Apr
May 20
26% May 4
18 % May 15
8% Feb 28
146
-7
45
50% Mar 11
100% Jan
Feb
July
18%
Dec
100
Oct
Dec
13%
Dec
123
30
Jun
9% May 20
13
May
43
1
22% Jun
13
Jan
68%
1
17
11
18% Feb
Dec
10%
Feb
Feb
5% Feb
11% Feb
102
Dec
34%
18
Feb
Oct
Oct
Dec
32
Dec
109
Nov
87
12% Feb 27
16
Sep
23%
137
Feb
43 y4
May
Apr
•
May 15
10% May 21
10y< May 22
20
Jan
5
11
23% Dec
,
Dec
71
7% Feb
18% Mar 23
9%
Apr
11
6% Mar 16
Oct
Jan
22%
Dec
149 y4
-
17%
10% May
9%
Feb
10%
21
14 y4 May
48
10
18
83
4% July
26% Aug
X101
Feb
77% Mar 29
Jun
.*••:
47% Jun
10
17% Mar 12
12% May
14% May
100
8% Apr
6
35% Feb 13
Jan
B% May
V
Feb
Jan
39
8% Dec
18%
'
18% May 21
103% Mar
Deo
t
12% Feb 28
12% May 18
5
24% Jan
Dec
77
Jan
50%
Nov
Mar 16
28% May 21
25% Jan
5
22
May
STOCK
LOW
STOCK
'
7
" Jan
20
41%
17%
May 28 "
31%-Feb 11
110%
,
9
14% Feb 20
f
23
50% Mar 31
Feb 14
"
30
Jan
26% Jun
49% Mar 16
Jan
39%
May
Feb
3
24% Jun ..1
18% Mar 17
Dec
24
1
I i
Jan
107% Aug
•1 % May
'
99
53% Feb 28
42 V*
!
Jun
20% May 22
12% May 18
31% May 14
9
20
'
43
11
Mar 11
8% Mar 11
97%
*
1TKW YORK
t per share
20% Feb 10
9% May
;
t per share
May
16%
'•
Bange sinse Jan. 1
Highest''
Lowest
Highest
$ per share
YORK
STOCKS
Year 1947
Lowest
FINANCIAL CHRONICLE
St
1
No pas
•
H
32% Dec
14
Jun
39
Jan
19%
Feb
SI
Feb
10
33
-
Apr
10
12% Mar
9
13
Dec
16% May 22
19
Jan
13% Mar
3
87%
xl4% May 21
Deo
112
Feb
79
102%
Dee
108%
Sep
19%
Apr
27%
Dec
148%
Oct
28% May
160
Jan
39%
For footnotes
see
Jan
xl01% Feb
10
21% Feb
24
147
Mar 24
27% Mar 16
page 28.
Mar 22
89
Jan
12
106
Jun
11
27% Jun
9
150 Va Jan
28
34% May 15
■tAauscfe
Hall
(W P)
Hamilton
4%
Water
•33
Printing Co
Watch
oonr
Co
00m
preferred
B
..100
Hanna
(M A) Co $4.25 pfd—No par
Harbleon-Walk Refrao com__No par
6*
preferred
100
Hart,
Sehaffnor
k
Marx
15%
-No par
IB
•14
.
86
105%
34
•33
33%
33%
33
33
15%
15%
15%
15 %
15%
15%
14%
14%
14%
14%
14%
14
14
86
105%
26
26
•148
152
•31%
♦33
15%
323/4
86
*105
26%
*148
32%
86 v
*86
106
27
152
32%
♦105
-•
27%
•148
*32%
87%
106
27%
*86
*105
27
87%
106
273/e
152
♦148
152
33
33
33
♦32
33%
400
15%
15%
1,800
14
'
14
1,300
*86
87%
80
106
106
60
27
27
1,900
*148
152
<
32 Va
33
'
500
21
COMMERCIAL ^
THE
(2590)
6%
23
Dec
35% Jan
27
May
30% Jan
33
May
49%
Nov
140%
22% Feb
63
Feb
134
Mar
14% May
50% Sep
'
Dec
29%
Dec
118
Sep
Sep
26
Jun
'
21
33
17
May
35% Jan
28% Jan
20%
3
May
7% May
33
May
12% May
15% May
"
,
3% May
30
•29%
preferred-.
-
Jan
/~7%
*21
lT%
Dec
26%
Hooker Electrochemical Co———5
33%
34%
com—.No par
17%
17 %
Houdaille-Hershey
;
$2.25
44% May 17
10
11
Oil
Houston
38% Jun
vtc
Texas
of
7
Howard Stores Corp—
9
4 % Jan
2
6
0% Apr
5
14'A Mar 17
22% Jun
15%. Feb
19
Mar 16
Hum*
30% Apr 27
35% Jan
27% Mar 16
24% Jan 22,
30
lines
17
100
■
y/Dec
;
76
Dec
3%
9
76*/4 Jun 11
158
Mar 27
Dec
;
130% July
38% May
94»A Dec
9
Dec
46%
Apr
Jan
37%
*
Jan
74
45
93
9
Feb
90
Int'j
Preferred
1
International
2
39% Mar 10
43
,
Jan
1«>
♦
,
17% Feb
17% Feb
11% Feb
11
11% Feb
11
26% Feb
17%. Mar
9
May
27% Oct
22% Mar
1
35"
40
.
9% May
9% May
19
20
Mar
30
4
29 y. Feb
143% Jan
158
137 % Jan
Aug
18
18
,
Jun
11
Intertype Corp
39% May 20,
145
May 25
:
Range for Previous.
>
Year 1947
v
Lowest
$ per than
'
7 Range sine* Jan; 1
Highest
Highest
$ per
than'
.
tper than
:
»
■
13% Feb
80% Dec
104'/a Feb
39% May
89
53
Dec
37
Jun
145
Dec
25% Jan
10.
11
92% Jan 30
39 y* Feb
18<
48
13
99
May It
Feb
34%, Feb. 1ft
100% Feb 11
20%. Feb 19
42% Jun
113% Jun
Feb
10
106-
Dec
145
Jan
29.
39
Fob
29% Mar 18*
101% Feb
83y»Feb
6
31% Feb U
Jun 11
158,
37% May 21
93% Apr 16
1
43% Jun
-
'
;
: :;,-
Par
,
Johnson &: Johnson common
4ft 2nd preferred series A.
May 21
'
•sy®,
92%
4% '
4%.
21 y®
63%
169%. 174
•X 62%
623A
98
x;
97%
98
ioya
11(
./
11
11%
91
92%
/
63V4
/;• ■
x.,
1 35%:' 35%'
/ / *144
147:-.
35%
35
04
Jun
Dec
32% Feb
108% Mar
16
May
47% May
13% May
Joliet & Chicago RR
x//
,
.
26% Feb
58% July
18
11;
21:
90
Feb
17
98:
I per than
*33%
36%.-»;
23% Feb
11
Nov
21% Oct
48% Mar 12"
59^
14% Mar 17'
_100
stamped-—loo
15 ••• ;
15% /15%
isy#
27
31
32
35
35% X
;
17
20
32%
33%
35
144:/// >140
Feb. lot
22% Jun
58% Jun
3
52 ya
45
Jun
1
51
Apr
49%. Feb
36
Feb
13
21%
43
27%, Feb
19
Feb
11
24:
/
Jan 31
Dec
May 24
103
Dec
116% Feb
13
92% Feb 21
11% May
20
Feb
11% Feb
65% Jun
85
Jan
63
38%
Oct
29% Feb
11
102% Aug
91% Jan
5
25
May
90
Dec
Mar
19
8
103% Jan
il00
I
1
91/®" X. 9%
9%
14 y2 Jun
2
75
2
Jan
36% May 27
95
Jan
20
34
Jan
40
Oct
32
Feb
13
45
39% Jun
■)'V 85y4
••;//46%-/46%",X/, •w-'.46.%-'V46-%;- ■
•••■'.' ■•■■:•::• X' »98?vXv.^9>:f?':
*9399 * X
41
41%",
../X/; /■./// 40%;/4ir,XXX'X"
46%
46%
48 Va
46%"/
X- CLOSED
X
.
*110 ■■•■^'^113
'
1
31
X
///' i/113% 113%
':
.'31
31 »/4. -32. X.
•
•
X/Xxx' /;.*104Vir 106 'V
,*io4y2 106
156 vv„
•/X.;'*i55""-:r 170 •/'•;> Xl56
'34%
,
*89
<
.
V 40
35%
91
X
37%
35
/
*89
'
■
40%
"XX 32%
X* 106
40
"
*156
59
Feb
45% Feb
16
56% Jun
11
41
13
47% May 18
52% Oct
Feb
98
99
41%
•
22%
98
/
*38%
38%
38%
V.x 58%
T
Class B
class.A—1
J———*.1
Copper
conv
nm I m 1 »» — I
|V Jm
■■■ I
ft
No-par
—_„_5
Kresge (S S) Co
(S H)
X 58%
58%
16%
*105%
158
24
Feb
4% Feb
11
14
Jan
9
li
12
30% Dec
Apr
44
Jan
20% Mar 19
24
Mar 24
Feb
;:.20%
)
,55%
'
40;
40 %
39%
40
5,400
18%
18%
*96 Vz
97%
X
;
57%
58%
47-
45%
47
102
?
42%
xl02
102
X35%
55
44
44
.
5
Laelede Gas
Light Co
La Coneolld 6ft
Lambert Co
pfd
(The)
17
23%
23%
'2,000
21%
,
21%
4,700
58%
15,^00
46;
46 y4
6,900
42
42
900
22%
23
2,000
102%
103
♦93%
23
://
*
14%
357/®
35%
36
94
94
94 y4
94
93%
:
69 y4
69%
36
*14
69%
/ 69%
35%
-
.
X
No p%r
[For footnotes see page 28,
I
180
38%
39
38%
38%
37%
38%
2.90C
55%
56
55%
56 y4
56
56%
2,600
45%
45%
45%
46
45
46
1,309
45
45
22
50
5,600
55
54
5%
510
500
39
.38%
>9%
/
57%
-
*
—
4
175 Pesos Mex
1,300
16%
,
46 ' /:./
42%
101% 102 X
14%
*14'
X X
68%
94%
■59
40 •
7.300
800
59
58%
23
14 »/#
36
42
45 y®
23 y4.
69%
94%
■;,
X
57%
42% X.:'
14
35%
21 y®
/ 42
2,100
X;
'
X22%
69%
36 y4
-••"■
23%;
42 V4
14%
95
■
17%.
'•■'
70
68%
59
59
*17
,'/.
101%
.35%
42%,:/
x21
*69
387/®
-r ,.'
57%
97%'.
x23%
/
X14/4
54%
•
56%
X
.,
14%
//.-
18%
41
7
59%
101%
38%
No par
♦58%-
•
/ >x
*96%
;
77
42
14%
■X.
No par
*
41%
101%
•
ser__ 100
1
*96% ; 97%.1
22%
42%:
18,300
41%
21%
22%
37%
200
22%
42 y4
20
-158;
158 1
200
20
;
90 '
58%
•22%,
105%
■
90
17%
22%
7,000
/ 3,400
*89%
24%
42%
/,'
89%
17%
42%
v
33 X •-'• 33
89%
.
24%
*22 y4
v
par
/
90
17%
>
7/50
36%
46%
46'A
'
.116%
37 y®
21 Vz
56%
46 y4
//
1,500
36%
24%
21
•-•
——10
Kroger Co (The)—
700
XXX 140
46%
90:
•
*112
105%
*156 XX 158
"
6% May 15
-
9,300
/<
37%-?
24%
v
46 y4 '
*98
107
106
X
l
7
Dec
9
Sharet
./42/X' 42 JA
116%:.%
33% W
33
-17%
17
*23%
•94%
8c Co
*
"*
par
2nd preferred--—ul00
4
4% May
the Week
:■ '
40%
•
41%
conv
9%
22%
485%/ 87;/::
s
42-
41%
♦112
18%
_No par
Kress
v
t per than-
36%
>
90%
40
.
*90 ;X.
41 "X
/: 113%' 113%
97%'
Cumulative preferred 4ft
3
Juu
40% Apr
June" 11;
22
97%
4ft
•
Sales for
/Friday
G5,% -V.
97%
Kinney (G R) Co common--—^
1
$5 prior preferred—
No-par
Koppers Co Inc commonll
—_I_10
,
3,500
x,; ay®/.
22
19
Keystone Steel, & Wire Co—-No
Kimberly-Clark Corp com
^No
2
/
900
6,000
38
*140"/ 144
V/X
85%
*96%
Kern, County Land Co—
,
3,600
35
"36%
21%
*18%
Kennecott
Apr 20
39,800 c ;
/
:X';33%
v
85 V*
Kelsey Hayes, Wheel
.
9
39
42 V* Feb
144
;
-
'•'*.•//*
26% .26%;
36%
600
1,000
,
15%.'
•15
-
,
9lA
XXX 21%
4ft non-cum preferred
—100
Kayser (Julius) & Co/
/--i;
.5
Apr 23
May 22
24% Jan 10
41% May
Jan
Vz.'ii
26%
/ 300
3
/•
15%
15 /'
yi,:,
15
<
;
36
/ *33 y2
15
:'
44
58%
58%
26%
/■'/
■:/.
•
.
.
1-10
Kansas City Southern com
18
20 % Feb
/• 400,7:
64;/.-
;
:
6,800
*43
59
•xx;;/xx
xxt9 ;/ 9% •/ X' 9 //: 9%
/ "STOCK -/x 21-'">/21.-/-;,X;: :*20%: 21%
EXCHANGE" / 84% X85X,/-.-X" ",'/:84y2','-.85;:"'v
Kansas City Power 8c Lt Co—
3.8ft preferred—
-100
May 11
43 Ya May 15
11
,1LOWX-AND; HIGH SALE: PRICES::,;'
X
■
Kalamazoo Stove 8c Furniture.
May 20
11,400
/ / 700
98%/
•
44%'/
''Thursday:;/' •■./:
/MohdayX/'Xi^'^X;; • Tuesday, j- •■•• /•/Wednesday..",
/ X; June
June-10
X X June 7 ■ X/-/ / -i f June' 8-, (■•"'. /
'yZZ'X
S' tper tharm''<) X j pertkanri-Vt per thart
I per thare- ;
June 5 *
^_J,2y2
5ft preferred series* A_l__
V Joy Manufacturing C0-'
■„
~
29%. Dee
20% May
13%, Jan
Feb
:n
.
.X,..- 500
64%
63%
*97%
•
'
li
138
41,000
%/X ;*44%
58%
X
>26%
/
jC2,400
:
*61%
63%;
"v/'"-Xl
14
33
*92%; X.94//
15%
la%
500
90
4% /: 4%
31%
63%' /
36 %
>140;
147
*144
-■
X
64 y4
*92
•.
620
3,900
5,000
93%/;;
44
'-.-'•>14% >15'/^'', X/14%, 15%
26 V* .26%
X26
26V*k
t
30%' 30%
" • 30%//)0%' V
:X
8
99%
59%
*34
49,300 X-
38
*88
.11%
63%
*63%
T
174%
*136%
11%
Z 1,800
154
37%
-vi-5
XX 63%
>97
X
15,800
34%
1
137
•
320
2,200
X.v
/ 7%
.
,
■
43% /44%
- v .43%
59%
r5W 50%^-? '•'59%
*34
36%
*34.' 36% - vvvr4%'/"i4% v; .14% <15%
T.
/••
136%
200
1,800
.
173 Vz
://:
"XX
32
;
X33y4
4%/x:
31%
64
97%
.137
.
91%
4/2
-
4,100
X
3
>16
151
<
.
38
*89
4%
31%
137 ://•
59%
,
, •
174
37%.
/
r*
15%
•,
/ X"'/: 7% X" 8
92
X *90
4%:
31%
'61%
'•
-
34
172%
/■;"
8%
38%
44JA
'
',y
152
102
/
•'/ 3
3%
"33%,
'
7%
37%
100
x
16'/®
151%
33%
33
^
.4.!/•.
•3
20%
XX 8,800
X:> 8%
;*8
23'A
22%
23y*
•
43%
20%
20%
15%
151
.151
X/*43
•
/
3%
16 y.
137%
■
v
700
76%
43%
;'-8%V.r
,
*100 / 102
137%
if^ / 63y#
'
*8
23%
101
31%
r
-
100
160
*155
>
44'A
20%
'
8 % • :•''
X
76
75%.
160
•
43%
22%
X.30%
31
/"•>02
2,300
75
15%
33%
92
54%
*155
,
100
3y®
:
;
36%
X 54%
75
22%
168 y2 169%
8
/' /•/" 7%'
1'
37:",■ X
36%
7%
9,700
44%
20%
151 ■■/,".
v
•32%
■„/
;
91 V;, •91
Jones Sc Laxighlin Steel com__No
pa,
!
/151
-'i
24%
13%
160
,
3
15%
;;
24%
,13%
J...'."■'/A//';
1
Johns Marwille Corp eem,
No par
3 '/aft
preferred—_—__100
33% Jun 10
100
40% Oct
:
9
Jan
;
Jewel Tea Co. Inc com-^—_No par
3% ft cumulative preferred—lt)0
11
151
-
1
15%
:4%
"Ksiarday
Co
1
•
1
Jaeger Machine Co common—No par
Jersey Cent Pwr 8c Li 4%- pfd—lbo
May 28'
92
/Jan
,
4
100
14%
8,800
28%
55
75:/
8%
22%
",=i' 3
6,500
11%
13%
43%
20%
22%
99-1/4
360
29
'11%
25 y®
*155
■44%
'
w
Jacobs (F, I)
May-27
22% Jun
112
Dec
27% May
86% Dec
9
82/1 May 15
34 % July
'
•
19% Jan
104% 8ep
46 y» Oct
125% Oct
108% Dec
24%. Sep
98
7' 5 Mar Iff
24% July
EXCHANGE
'*
29 Vz
"
,'v
*ay«
,
1
:
■
29
500
.
20%
//*? 137;%-* 137 %"//;
/'X' 61% 62% > •;
./,:v,98"X--98/'V
iO%;XlO%
''
35%
X
1
■<
1
■STOCKS
•'
HEW YORK STOCKS
;
«
6% Jun
19% Dec
1
:•
'■
43%
92%"/
91%
*
Lowest :/
t per thare
..■»
'
200
97%
*34%
54%
.
17,100
85
/
'
^_50c
$6 preferred:
:.
-7-%
:;'v/'X 30y8
No par
;
Island Creek Coal common
j
"
c
par
Apr
Jun
Mar 12
160
/X:"
.32%
'■
Paper Co com_——15
,T_—^_.Nq
•155
150
■MY 36'A
Int'l Rys of Cent Amer com—No par
5ft preferredj———
—.100
International Salt—-_^_'Nq par
International Shoe
*
No par
International Silver common—1.25
7 ft preferred—-—*__
;
25
2
45
.
Oct
Feb
JUn
<
-100
$4 preferred-
150
X •( 168 % "169X"
class1 A—25
—
54%
53%
X
*94
*13
13%.
143
3,200 X
39 Vz
39
85
35 Vz
21%
;
1,900
97y2
25
'
7,100
35
24%
8% ;;.v
.
M9y8
32%
Int'l Minerals & Chemical corn—5
Jun 11-
64
24
••
4ft preferred1-00
International Mining ,CorP-4——1
Int'l Nickel of Canada com
No par
3
14%
v/;
Machine--.-—_No par
39%
11%
♦13
4%
35%
34%
34%
87
29
33% ;
3,400
.
32,200
X': 1,700
13%
13
*94
11%
100
3
,
34%
97%
2C7/s
22%
./•/,"»t}-.
par
i——I.fL-100
May 20
107% Jan 29
May 28
.
100
;■/;/ 4%
4%
13%
34%
29
20 %
22%
Harvester com (new) -—No par
7ft preferred —
Int'l Hydro-Electric Sys
14
Dec
•
63%
Int'l Business
,
U
64% JUn'
9% Mar 10
52 % Jan
11
x98%, Jun
L-No
Intetlake Iron———
*>■
4%
34%.
X
.11%
44
■
18
38%
11%
160
6%
17%
*85
23%
/
55
*155
■
.corn——a—_5
4%ft preferred———J.—.—too
Intercontinental Rubber—Nq par
139% May li;
28 '
'•
100
22 y4
17 y»
■/;■> 400
12 y®
44%
21%
13%
'
33%.
152% 154 XX
X
—^N.o par'
preferred
\
29
■X'X 54%
—Nonpar
Interchemlcal. Corp
8
Jun
33
42% Mar 17
■
S A—
'
*S4
97%
*96
12'/a
44%'
22%
4%'
33%
43%-
5/A. May 20
24% Mar 10
135
Jan
2
Feb
'
97%
<20%-
8% May 1538% Jun
9
3% Mar 18
86
Jun
174% Jun
11
Sep
Feb
83
'
*33
61% May 28 %.
35r
Mar 31
16% May 27
International Telep 8c Teleg—No par
16
May 27 ; / Foreign' share ctfs
No par
26% May 27
Interstate Dept Stores—
No par
32
,
154
11
Feb
82%
•96
Inspiration Consol Copper——,-2(1
Insuranshares Ctfs Inc—I
1
.
*34'% Jun, 11
161 Vz Mar 31
58% Feb
•
84
84
No par
3% May 18
16% May 24.
10
7
5% Feb
Jan
103
2>/a Mar 10*
23% Feb
16
116
40% May
.
5
liV* Feb 11
'
New
6ft
8% May 24
23 y» May 15.
Oct
107 y®
May
104
.
95% Apr 22-
5% Feb
36 y« Feb
137
Dec
59% Oct
39
84
Inland Steel Co-
45% May 15
21% May 27
,
96
-
34%
38%
84
Rayon—
10
34%
Dec
25%
'
34
38%
13%
Feb
6% Feb 11
186% Jun
10% Feb
34%
36 y»
11%
Jun
32% Jun
Dec
33%
24%
150
15% July
6
May
22% May
34%
36%
12%
44%
'/
1,900
/
'
13%
Ingersoll-Rand common
125 y3 Feb
163
4%
13%
500
17
17%
;24
Industrial
Feb
May
9% May
17%
*13
2
15% Feb 11
7
3
17%
4%
De Mex,
Electrica
3
Mar
17%
*Indianapolis Power 8c Light__No par
56
34% Mar 10
108
r.
9
Jun
May
17 y4.
:
900
15,300
1,600
12%
22%
X
■
22%
45 y®
21%
11
154% Jun
21
44%
21%
60
93%
44%
12%
44%
20%
-29
Industrla
r
43%
/
common—No par
Power
*12
12%
*11%
20%
44;;/
Illinois Terminal RR Co—:—5
15% J&n 28
10
Oct
sy®
3
May 26
Feb 20
8y« Feb
42
46'A
sy®
25 y» Jun
,
May. 27
17% Nov
,
:
22%
'46%
sy®
*.
5y®'
5V*
137/a
—100
75
Apr
12% May
6»/a Sep
*21%
46%
46 ■'
12 y* Jun
9% Feb 11
180% Feb
22%
22
47
5V»
5
5
4i/4
4ft
Co
38%
*93%
23
•
2,700
X
43%
38%
*13%
RR stock ctfs series A——1000
Illinois
43 lA
38%
•11%-V 12%:v
pfd ser A-100
conv
43//
37%
1
—
T
non-cum
43
38%
46%
.33%
6ft
43
38%
*22%
,'V 35%
Leased
42%
45%
20
97% May 17
35% Jun lO:
11
V"
38'A
22%
Illinois Central RR Co common—;100
.
85
94%
42%
Co.i-NOpar
:
Refrigerator
Idaho Power Co
0
39% May 13
Jun 11
>
Corn
Hussman
7
5,000
X
500
32%
*?2
95%
♦94
22%
,
/ 500
;,/•
18'A
41 %
41%
/ 42%
5
20%
4,000
34%
.
18
'
36
•17
Inc
34%
1,700
X
93%
X 45%;'
—6.-66%
May 17
5
14 % Jun
11
—-100/
100
26%
385/®
43
5
44
Foods
32%
\
Hudson Bay Min & Sm Ltd—No par
Motor Car
——No'par
Hunt
32%
32
23
Hudson
8
Apr
42
45 %
Hudson & Manhattan common—100
34% Jhn 20
7
Mar
14% May
45'/a. Jun
13
42
44%
Howe Sound Co—-—--—-.—5 7
preferred
42
41%
;
34%
23
Jun
Jun•
non-cum
18%
*34»
100
400
3,800
-
10
26%
38%
2,700
:■"; 32
-V 94%
94%
94%
35%
23
47
5ft
18%
42
V
'V -36 ya-
1
11
3
18%
32.%'
94%
31
9
34%
18%
35
•31%
*42%
Feb
10
34%
26
'*
*34
.
38%
3&% *
32%
31%
-25
X
26%
38%
20
-
22 Vz
*15
15%
25Vz
180
29%
28%
38%
17%,
3%
15%
400
2,900
34%
34%.
26%
38%
X
11%
*21
38%
•25%
600
85
11%
29%
25%
-
17 ya.
41%
com---—Np par
29
16
*15%
16
*15%
16
36
*34%
36
*41% ' 41%
preferred---——^--50/
conv
Jan
Dec
33
*84 %
*39%
19
169
ii%.
39
33
Feb
84
11%
26
94% Jun
39
84
•/
11%
^15%
(A)-——i—5
Holly Sugar Corp——.———10
Mar 30
119
84
Homestake Mining———12.50
Mar 12
Dec
26 Vz
11%
-
26%
*25%
26 Vz
Hollander 8c Sons
88
-136% Oct
26 »A
26%
22
38
May
20
26% '
*33'/a
11%
180
"'
26
26% :
26%
84
3.800
X
,
119 y«
119
119 y».
,
40
1.100
29 Mr
26%
26
*34 %
36
55
29%
600
.
XXX/"
/
125% 125%
35%
•34%
%' preferred————
100
Houston Light & Power
No par
107
119
*34%
7
50
x35% May
119%
54
.
430
20
23%:
*21
Household' Finance
13
119%
.54%,
29 JA
;
*
20% Feb
54%
10
1,200
60%
20
125% 125%
29%
21%.
34% Jan
July
Vt
*59%
20%
23%
14
17
125 'A
*29
*148% 152
20%
100
/
-
101%
XlOl
60 iX
148%
60
148%
54%,
126%::!
£4%
*
26%
11%
11%
.1,400
X
27%
103
28%
46% Jad
30% Jan
121/# Jan
60 %X
21
*20%
29%
120
♦83%,
102
•148%. 151,/x;
"*
54
25%
11%
'
45,300
39
39%
102%
;
21%
29% Feb 10
Dec
X39
39 %
42% Feb 24
95% Mar 16
May
39%
20
,
6,300
92
59%
,v
126
*25%
*83%
*90
/,
21%
27
62 % Feb
59
'
120
26
>26%
92
,
102
102%
29%
*25%
/ 22%
27%
*90
92
33 Vz
40
126
*119
22 Vz
*26%
26%
28 Vz
1
97
Aug
26% Dec
«
?
29%
22 Vz
f
26%
*89
28
9
Jun
22%
'22%,/
x22»/a
,
*76%.
'
xS3%
52%
126
:"•/
11%
/ 21%
18% Jun
3
11%
21%
35% Juft
20% Feb
10%; 11%
28%
2
9,
Dec
10%
•20%
1.
Jun
7
Feb
Mar
Feb
Mar
Feb
Oct
Jan
Feb
10%
'
:
•28
37
14
Feb
10 y»
.
Hotels Corp
—-—5
Hlnde 8c Dauch Paper Co—.—-—10
Hires Co (C I) The—
-1
Holland Furnace (Del)
;—
5
25% Jad
11
30
10%
90
.
Shorn
j
lOO
10
*76 JA
29% May 20
16'% May 17,
29
May 19
5
64% Dec
Jan
15
,
Hilton
2
28% May 17
93
Sales fer
the Week
8
10 y»;
*148% 153
20 ya
20%
19%
*125%
5ft
58
58
t per than
,
*7%
8
77
10
26%
102
153
'
52%
——-—100
Hershey Chocolate com-*-—.-No par
14% Jan
11
39% Aug:
32% Dec
May
Hercules Powder common—-Na par
9
Mar
•57%
|4 conv preference———NO par
Hewitt-Robins, Inc———<—i—5
Heyden Chemical Corp———_1
3% ft cum preferred——100
24
13
.18% May
37% May
19%
2
26% Feb
Feb
38%
7%
13%
43%
21%
30
7%
L+—No par
Motors—*
28% May 20
84
Jun
4
Dec
28%
29
Dec
31% May
*148%
preferred
*7%
/■
v
77
10%
22%
>39%
102%, 103
wt—25
—100
common—
27% Jan
15% Feb
Oct
105% Sep
45% Jun
37% May
16% Jan
W)
non-cum
122% Jan
13% Feb
36
Dec
85
preferred.
8
76%.
loya
90
39'/a
"t'
TO1/*
22%
,
$ per thare*.
t per than
*7%.:.
<■
/;
•26%
27%
39'/a
-
12
Feb
14
Co common,-..
cum
(Q
7ft
2
37 % Apr
56
Dec
44
/ Friday
-X
June li ■: ;.'■
■
-■
10
,10
22%
91
s
77%
9%
10 '■■■]
•88%
«'
8
/•
M'»70%'
9%
*20 Vi
4
Feb
20
J)
Hercules
6
21% Feb
19% Feb
13% May
>
10
Jun
48
36
Nov
30
Dec
.
(H
Helme
9
Jun
30% Apr
10% Apr 19
28
Mar 1
*29% Nov
31 y4- Jan
20% Oct
25
Jan
Apr
21% May
14%. May
May 28
57 y* Apr
128% Feb
Mar 22
114
14% Dec
22V2
June 10- ;
June 9
June 8
$ per than
/•'
0%
■J 22%
preferred
3,65*
1
22% May 21
79% Mar 22
Jun
Heine
8
9%
.
common—*
Co
3% ft
2
60% Jun
153
9
18 */» Mar
10%
Jan
Heciit
2
Mar
27% Mar
.V
■
Hazei-Atiae Glass Co
Feb 21
46
29% Jan
134
Oct
20
23
••
*76%r7T%v
Hayes Mfg Corp—.
103
Jan
121
Sep
38
11
42
13>
9
7
14% Feb 10
140
Jan
165
X
than
♦7%.
of Amer class A—
preferred
Hayes Industries Inc.
4% ft
26'/* Jan
5
27 X May 21
90
Jun
8
51 V* Feb
68' Jan
1
Dec
126.
95% Jan
July
108
Dec
*95
35 y* Apr
42% Feb
t per
Hat Corp
11% Jun 10
21% Feb 14
78
Jan 27
103% Apr
Pec 4
90
5
10% Jun
6'/a Feb 11
*20
Mar 10
Oct
9%
V
Thursday
Wednesday
Tuesday
Monday
June 7
iptftharp
4
79
Mar IS
'6% Feb 11
Feb
12
■
JaneS
than
jun
Jan
*7%
Feb 24
73
100% Apr
May
4% May "
t per
| per thare
10V* Feb
6
EXCHANGE",
..
'
$. per thart
share
■"
Saturday
'
Highest
Lowest
Highest
6% May
7&V« Dee
LOW-AND HIGH SALE PRICES
HEW YORK STOCK
Range sine* Jan. 1
Year 1947
I per
RECORD
STOCKS
Rangefer Previous
Lswcit
STOCK
YORK
NEW
Monday* Jurie 14, = 1948
5%
:
-
5.%
9%
9%
22%
22%
6
XXX:
5%
6
5%
sy#
*9»/4
9V4
23
:
10
*9%
10
23
23
23
23
Volume 167
Number 4707
THE
COMMERCIAL
&
FINANCIAL CHRONICLE
(2591)
NEW
Kange for Previous
Lowest
10
Lowest
9 per share
May
49 %
Range since Jan.
Highest
9 per share
14'/,
Jun
Feb
56
563/4
Feb
21% May
30 »/4
47% Jan
95
Dec
30'/a
27
!
Jun
23
27
11
87/e
Feb
"3%
Feb
Feb
30% Mar
98% Feb
9
37% Jan
'
4% May 26
35 y2 Mar
Mar~30
,'253/4 May~28
,
25%
Feb
95/8
Feb
5% Jan
19
38 % May
50%
Feb
41% Feb
25
10%
Dec
24
17
8
59 %
Feb
Oct
169
963/4
Dec
46
26
38% Jan
91
8
165% Feb
47
'.
Apr
24 V*
63
Dec
35%
Dec
19
% May
78%
301/2
Dec
105/8
May
14
47
May 14
,13% Jun 10
70% May 24
Link
Belt
55 % Jun
Lion
Oil
:• i83/«
Dec*
55% Mar 16
•28% Feb
11
Jan
;; is
Mar 16
Feb
20
79
Feb ;13
133/8 Jan
27
Feb
79%
Feb
57% Feb
/ 121/4 May
175/e Apr'
28%
Oct
137 %
,
2iy2
Dec"/
391/2
Dec!
29 y,
Feb
141
Jan,... 6
Jan
133/4 May
*38%
'20 '
Oct
26% Oct
19% Mar 17
;
Mar
-41
Nov
36
134
Nov
152
Apr
139
u
May
991/4
413/4
Dec y
1/
113/4 May
163/4
Apr
,
10%
Dec
.455
11% Feb
31/2
Jan
;7,
i>
16 >/<
May
39'/2
V
34-
175
88
r-
May
Jan
47% Feb
<19 3A Mar
27% Feb
•
B2li
■■
42
x-v
93
Jun
92 % Jun
8
77% Apr
8
r9% Feb
11
38
Jan
48%
32
Lowest
24
82
Highest
33%
Dec >
Lowest-
30 y« May
> Dec
v
Feb
11
Jan
5
Feb
88
Oct
Feb
Feb '
45
-44
17% May
—Jan.
25%
Feb
Oct
105%
Feb
403/4
Dec
May \
May1
/ 55 '/2 May
f
13% May
Jan
52% Feb
10
12% Jan
28
88
Jan
9$
Jun
Feb
38% Feb
11
/
Dec
Nov
35
Mar'
••
15%
Feb
?
:
■
Jan
/.
>;
45
Dec
8
rl5%
24
i
1 Feb
25%
:
Feb
51%
.
4
/
Jan
13%
128%
Feb
.May: V> 64%
Feo
Dec
9
rFeb 10
Feb
Feb
s>: 493/4 Feb
■
102
4
May
11
Feb
11
v
10
4
«
/
Mar 17
23
,
Mar 17
'.i
11% Jan
203/4 Jan
Oct
Feb
23
22. >1
'
:■/. 25 • Mar
27% Oct
.
153/4
,
'. 40%
Feb
Dec
; 112
Dec
V. 16%
,
Dec
107% Jan
13
Feb
37%
Jan
443/4
Feb
38 V
Jun
56:
Jan
50% Jan
see
34%
34 V8
700
87%
3,300
86 </a
'
88
172
.
87
172
453/4
*44%
13%
13%
172%
46
page 28.
23
'
7:
•
:
TV:-
.'
;
27,600
2,100
11,200
65%
64
65 Va
52%
54%
54%
21 !/B
55%
20%
20%
20%
20%
64%
'•'■
90
♦843/4
23 Va
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90
22%
19%
*85
23%
18%
18 3/a
18 3/a
68%
673/4
68
67
263/4
67 %
26%
26%
26%
19 5/a
26%
>9%
800
19 5/a
153%
19 Va
154%
154%
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5,400
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47 Va
34
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22
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154
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140
:;
i
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.
'
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33%
98%
23
39
39
•;
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138
V
♦132
275%
383/4
38%
38%
383/4
39
104
♦102%
v.-
104
14
:
23%
13
13%
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5 60
8%
23
3%
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9
103/4
:
11
22%
6%
7%
24
73/4
233/B
<
7%
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27%
101
17%
173/4
102
18%
-r"17%
65V4
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34%
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46%
92
84
.
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35%
67%
25%
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93
*92%
41%
♦40
42
'
110%
110%
36%
172
Monday
T
I per share
'
per
34%
/•
/ 34%
34%
101%
■•V.
*99%
101%
39 3/4
39%
39%
40
•28'/a
29%
*28%
29%
29%
50
50
32%
CLOSED
4
33%
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"
50
983/4
'
23%
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♦*•'•'/22 •/(' 22
•/.•: 95
95 'V. ?T'
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-
40
«
11
-
v
—
22
111%
46
24%
24%
i
24%
98
46%
•
24%
»18 3/4
19
*42
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61%
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>136
:>
>
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173/4
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133/4
11
11%
"''
■
48
475/e
■> 93%
> 70%
94
93%
70%
70 3/4
104 Va
*104%
v
104%
•
'
•
•
15
V 119
-
A
"15%
119
67%
98
44 3/i
100
,
'
\'
j
Jun
9
/ 9
Mueller Brass
Mullins Mfg.
41
T, 13%
'
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'
j
58 5^
'-v;If?
*117
111%
Y
f
f,
—No par
T
;/v f
Jan
,
10
112
17
Jun
Jan
2
2'
42% Jan .16
55 y6 Jan
5
,
$7
T
183/4
18"%
•18%
18%
2,100
U:'(61%>
*60
S3 % r$
preferred--...
—i—100
63%
*
18%
64 3%
26
64%
-47
26 Va
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4%
preferred—
(P E)
A
—
Broa^v—v_-Nn
:
14
14
64%
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136
15%
14%
12% -13%
493/4
49%
49%
50
95%
95 %
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96
71%
70 »/4
71%
70%
71%
105%
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3,800
105%
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105 Va
100
71
71. '
*118%
693A
.
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69
15%
.
,
16%
■
15%
118%
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63%
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59
>
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.
1193/4
12%
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118
69%
V
;
"
14
14 Ve
■
13
15%
\
112
112
64 %
r
15%
153/4
•153/4
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26
64%
25
13%
Y,
♦27
6%
>,
13%
27%
273,4
.
14
59%
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120
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112%
112
59%
593/4
1,200
5,800
273/4
119%
12,200
11,800
'
:■
-7,700
•
233/4
42%
59 Va
200
'
7,000
300
-
•
112
643A
.
15%
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-
6s/8
23%
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130
11,200
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1193/4
-
1
65
25
24%
42%
2,700
118
703/4
63^
23,
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14,000
:
16%
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703/4
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:
»'•'
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593/4
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119%
112
r
,
23 %
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:
6%
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.
14
28%
112.
26
>
6%
v
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7,700
123/s
23%
119%
270
15%
95%
42
111%
709
137
49%
42
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11,000
'
47
136
48%
i;
13%
28%
230
6,200
>*94%
■
59%
1,000
,
12%
22%
.
133/4
9,400
18%
1,200
65
62%
64
15 3/s
15%
13,300
15%
15 8/a
.' *24%
26
♦24%
26
9,000
200
15
15%
15%
15%
15%
15%
15 3/i
16
28%
16
X28%
16%
28%
29
29 3/i
28%
2,900
29
29
22
29%
21%
21 S/i
2,700
22
23%
/'•■
f ;
'
f
23%
22%
*•:■
22
24
23%
233/s
X23
283/4
23%
29%
23%
28%
30
303/4
30%
30%
107%
13%
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13%
13%
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41%
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413/4
41
13%
v
TT' T
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112
>15
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"
23%
i22
28%
'
-/
22
.
♦105%
v v
_50
par
22%
•42
V
44%
101 Va
64
47%
135%
'
119
6
500
18%
183/4
63%
46%
135
,
> 133/4
105%
15%
15%
>
"
22
Murray Corp4oPAmerica icom—_ 10
Myers
15
6%
coo
1,500
94
1013/4
101% :
2,100
9%
61
•92
x-263/8
43%.. '43:3/4:/ ;f
1013/4
17%
60%
26
,
;f
61%
17
1: 93/4
28%
—-No par
Munsingwear Ip.c——————
3
Murphy Co (G C) commott———1
62%
■
*25
1——1—1
preferred—
43/4%
"
'
^ t(
——Nopar
Corp——
u.—
5
Corp* common_i——1
V f
10 /.
Inc ———--u—1—3
Co
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> 22%.
,
Products'Corp
•
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6,000
48
67%
V
22 Vb
94
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,
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xl35
itr.
1,000
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,
V;
46% V
22%
24 y8
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138
13%
;
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10%
k//f f/vf, t.//
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64
f;
43%
19
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2,000
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26%
102
200
23%
243/4
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43%
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17
93
34%
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93/4
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43
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102
613/4
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x
93
243/4
18
46
17 V; ;.. -/■„ 16%
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10
16%
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/
101%
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■
■
-
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pfd_100
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:
2,500
243/4
61%
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:
22 Va
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34
101%
34 Va
98%
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7
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1,900
3,000
22 VA
f
9%
2,200
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22
V
61
30
49
24
61%
16%
900
293/4
*
24
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'*93/4
40
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61%
•*60%
,
39%
29%,
*59%
16%
.
,
Shares
39%
35
183/4
:
-
Sales for
the Week
33%
22%
24%
Friday
*99 Va
50
X18%
■
,
1,100
34%
22 Va
■-
100
37
101%
34%
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"
111%
f per share
49%
?45
,
300
June 11
24%
t,
V
•
29 3/i
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■
/j
42
39%
18 3/8
:
Corp——10 ■
,24
.(
96%
10
1,700
34%
.
.',18%',
50
preferred—par
V'
♦44
620
11%
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'
24
83
♦110V4
37
35
f
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22%
96
■
TV-
92
11%
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9d
23
350
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29%.
'/ 98
22
3,300
■
Thursday
/
40
»
50
23
.
10
47
June 10
35
34%
21%
■
34%
50
iv 98
./\23%
-
*
172
92
$ per share
*99% 101%
33%
.>v,33
I
I per share
39 =/s
EXCHANGE
1
'
■'92
11%
*110 %
June 9
V
share''
2,800
*82
83
*36%
Wednesday
X,
June 8
34%
STOCK
com—18
>
V
'■
1,400
35
PRICES
•99%
a1
-No par
i—;
"
I per share
>:j
•
Tuesday
June 7
.•:>
-
v
2,900
25 Ve
46%
92 %
40
363/4
SALE
%
92
92
■
36%
'
83
,
110%
HIGH
1,500
25
"
11%
84
113/4
AND
8,600
68%
•
92%
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35%
35%
19 Va
17%
93
93
-
110%
•
18 Va
3494
47
*92
480
'
173
46%
5,500
102
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35
47
390
273/4
,
25%
34%
175
9,300
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251/4
11%
40%
18Va
35 %v
84
11%
111%
18
663/4
62%
♦83
43
17%
46%
1,300
7%
16%
21 Va
663/4
*170%
233/8
X102
I8V4 v
92
91%
V
■'/
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27 5/a
35'/a
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^
-
600
8,300
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25
,
,
600
*
7%
16%
103 Va
'18
11
24%
23%
18%
■: i.: 65
175
46
27 Va
1,800
73/8
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1,100
93/e
'
8
-
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13 Va
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•
17%
65
7
~
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-
1,400
1,100
600
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/
103% V
■
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18
64%
25 VA
175
8
16%)
23 %
!
7%
273/4
100
23%
11
23%
2,000
'
24%
•
13,900
13%
♦520
7%
■(
39
13%
'
*23%
■■■
23%
(7%
163/4
27%
100 Va
■«
38%
93/e
11
;
7%
26%
18
93
IX
.7
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92
11
r
273/4
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13%
600
9%
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200
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:
233/4
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93%
•
24;.. .24
■
7%
■i
233/4
16%
*41V2
P. &'SS M A-vtc—No par
Minn-Honeywell Regul
J/J.
;/ ?3.20%, conv -pfd series A——100
Minn Min &.
MfgJU/L«^-L~.4.Napar i:: $4 preferred:./——j-l-T/T/Nd
par
Minn Molinei Power Imp! cdm^-L s
$6.50
Wheel
10
.
3,500
39
'
38%
23%
600
.9%
'•
23
63/4
24
*83
1
Petfoleum——/
Motor
:
138
27%
102 V4 104 Va :.
14
14
23 s/b
13 /
39
*132
138
38%
♦
.
14
23%
8%
11
92%
.
/
'
,-40
,
273/g
102 %
14
*12%
560
46
,
102%
14
*23%
12%
,11%
preferred-^——Noiiar
Motor
8,100
98%
223/4
*132
27%
*1^0%
Mric_/—^3%
Min^Transp Co__/-Nonpar
Inc commori—1
Motorola
4,300
34
99%
233/a
39
27%
34 -
Co
May 27
400
47%
23%
...
140
,
26%
64%
^
preferred
29% May 27
180
24
47%
*98 %
.„V.
3,300
*153% 155%
24%
47%
47
99%
24
-
.
154%
.24%
34%
*98%
23%
.'
j
26%
243/4
——1
(John) & Co
14,100
'263/4
47
*17%
St
Morrell
'■
:19*A
"
par
9
—
173/4
28,600
X68 Vi
24%
17%
June 5
61% May 17
Monsanto Chemical Co
com——5
May 15> /y'"$3,25 preferred series: A_—No
par
112% Apr
6/ :V; $4 preferred series
B_—_-Nopar
65"
May 21
Montgomery Ward &/CO—-LNo par
173/4 May 15
Moore-McCormack Lines.
——_3
Jan
3,200
;
24 3/a
19%
156
100 %
122-
27
'
90
23%
685/8
*
6% May 17 .; Mo-Kan-Texas -rrj
com—
No par
24% May 17-. /
1% preferred series A
——100
44
Jan
Mohawk- Carpet Mills.—AL
5";
L20
14% Jun
9
Mojud Hosiery Co ImL-^
——1.23
-29,
May 19 : Monarch Machine Tool—.
i_Nd
•45/., May 15:
,
COO
13%
26SA
21 Va
1
Merritt-Chapman & Scotti__No par
Mesta 'Machine 'Co——-:L J——.—5
Mlssioa
45%
v.
14% Jun
2:
IT;;
May 12
3
May
190
45%
X13%
<
13%
68%
7%
1
Minn
173
66 Va
52
:
223/8
2,400
26%
16%
Midland SteeTProd cora—y'—No
par
8% 'cum 1st' pfd
—100
May 17;
72% May 21
108
16
50%
'For footnotes
8,900
♦19%
263/4
Miniieap & Rtr. Louis Ry—/iJNo^iar
*
I6V2 May 15
1193/4 May 15
.24
16
4 333/4 Feb
r
Inc
common
30% Jun
19
11% Feb
Jan
>: 9%
Feb
Mar 17
100% Mar 31'
NOV
1013A
16
Corp
163/4 May 26
'(•19
107% Mar
1
10
34'»/8
19 S/8
22%
1
—i__l
Co
23
19% Mar 17
'
102% Apr
May
35 '*> Apr
Nov
273%
'»
11
13
Dec
14%
68 3/i
6%
%
21
104% Jun
47% Mar 16
Dec
27 %
27%
*
193/ji May
17% May
143/4 May
i
98
78
.24% Mar 11
Feb
17%
:
:/
34%
26
263/i
1
24 ' /
V
il—---10
——No*par
Mid-Continent
10
563/4 Apr
5>
2
1053/4 Mar 17
May
3,600
10'/8
343/4
'
14%
:
Miaml:Copper—■■•
May 10
! May 10
■13% Jan/. 2
»
34% Mar 17
Feb /
Feb
,
55%
10
*84%
19%
32%
*
100
—
Metropolitan v Edison 3.90%
16
Mar 11
Jan
4 13%
32
633/4
xlv/
*83%
23 V4
Saturday
Mc-jQuiyf- Norrfe Mfg :'CoJ
Merch
10
1391
111% Mar 11
42% Feb 11 r
'
May
9% May
17
Oct
56% Oct/
'
> 49%'May
110 Y4 May
49
88% Jati
:> 54%
26% Jun
47 V2 Jun
10% Mar 16
8
323/4 May
;
99
•
> 23% Sep
:
-
*
/ 113/4 May
?■
•'
123
3%May
>
Feb
Jan
55%
10%
50
20%
y.
22%
8%
No par
$3.50 dum
19% May 27
693/4 May 7
xS
27
Dec
•
{ 28 % Mar
1
Feb
Dec
15
50
18%
•*510
Merck & Co
1043A May 25'
11
102%
H43/4
55%
10
13%
20%
22%
/ *10%
4%^ pfd (1st: series)
,——100,
4% 2nd pfd" (2nd. series) ——50
Melville' Shoe "Corp--—t———1
Mengel Ca (The) common——1
8 '
44% May 28 *
9 % Mar 17
/ 70%
May
t
} 12% Feb 27 *
■
Dec
543/4
•
88
18%
-
*
/
i
Mead
62
May 27
83% Jun 10
'Mar 16
:
129 % Feb
Nov
>i 14%
>66%
04% .Dec.
51% Apr
25%
10%
•65%
22%
LOW
com
—
5 % fconv 1st
11
156
50
No par
—No par
Co-——
Robbins
Mercantile -Stores
.Feb *0
13
ip% May
■104
f
2
i,| 50% May
13
18% Mar
> 63/4 May
47% May
99
9
Jan
&
preferred
McLellan Stores
62% May 15
Mar 10
111% Aug
'.
Pub
/ 18% May 15 '
10.1
17% Feb
36
,
Corp
$4
19"% May 15
.1193/4 Jun*: l*
44%, Feb 11
■
.
136%
25
Feb
-'45%
20%
12%
No par
•
preferred
Electric Co
McKesson
'
47% Jan
29% May
48%
20%
88
*13%
STOCK
conv
McGraw-Hill
46'/a May 28 '
27:
IT
48%
49
*22 V*
No par
EXCHANGE
7
;3%%
23% May 25 :
96% Jun
8
19'/, Jan
:/
253/a
25%
553/4
10
13%
*102%
•/
Mclntyre Porcupine Mines—5
36% Feb
6oV.o«r
Ar
McGraw
24% Jan 12
;
20% Feb 16
103 % Mar
Apr
25%
25%
38%
•
<
15
24 Va Jun
11
27 -•
143/8 Feb
Dec
•*
11
19% Feb
73
I
1,500
26
—No par
I
McCrory Stores
14
80% Mar 24
;
33
5
24% Jan
12% May
11%
1,200
55%
65%
99%
-
■:£
May 15
52% May 1
35% May lb
98% Jun
2
-
16% Feb
Feb
May
; 97% Dec
123/4
64%
*38%
'
Par
31
23
18% Feb
/
O
25% Jan
35% May
10%
11
453/4
12%
*132
No par
i
NEW YORK
y
,
50
.
20
t 16
*43%
J 83
Jan
87
Feb
31%
23%
Jun
10%
10%
88
22%
;
100
common—-
Corp
V
1003/4 Apr
423/4 Jan
30% Mar 17
Feb
Dec
88 3A
"/■-•' 'i
-
Col——-4——-1
—
McCall
36% May 21
36% Mar 12
233/4 Mar 17
105%
1
$ per share
25
16 y« May
7
12
Highest
J per share
563/4
Dec
21'/a
//
9
41% Jan
pfd
10%
9,400
172
22%
—-—1
preferred
$6-1st cum preference
Range since Jan. 1
453/4
>
87
'
Jan
cum
Co
54%
87
47%
Corp.—i—J—-5
$3
54%
*170
STOCKS
Feb
1073/4
May
46
i
$3.40
Maytag
21
54%
46
■*98Va
CLOSED
„
par
13
112
6
32
Mar
24
/
'
300
53%
'
>
1 per share
May
35
.
16
Feb
Jan
43% Jan
f
Dept Stores common—5
$3.75 preferred—i—_
/—No par
$3.75 cum pfd 1947 series—Nd
12% May 15
Mar 12
110 V.: Apr
Jan
85
•
9%
53%
172
47 ■"-•
,
EXCHANGE
v
May
/
9%
46
45%
32%
■'-..■•''I
i.Cofp—-—i—l-Vi_^o par
Electric Co—1__——-i
1
MathieSon Chemical Corp.iA_No
par
7%
preferred—.
1—>—ii—1-100
Range for Previous
9 per share
,
6
Jan
Year 1947
/
Feb
25%
9%
X172
173
243/b-,:
STOCK
5,200
25 Va
25%
88
*24
Master
3
84
vV'S'
4,800
3%
49 Ve
9%
81 Va
156
i.
Masonite
26'
84% Mar 27
'fy.:
6%
3%
34%
185/e
: '1
63/4
*39%
4
*32
25%
88
68%
7%
3,200
49%
3%
.
•*
9%
34
19%
A__T_ic__^-100
L)
4
49 %
-
*335/8
21%
Corp-u._—L_——1——6.25
(Glenh
3,800
34
*26%
-—No par
Martin-Parry Corp:
473/4 Apr 20
Nov
113
35»/4 May V
Jan
''
•'.V.-:'/■'•■ /""■
.10.'
preferred—
Martin
12
35%
9%
'
common—-5
.com
(The)l—I
Midland
/:4% %
'
a7% May 19 "
353/4 Mar 16
50
>;
.
11
176
--VV*
Market St Ry 6% prior
;pfd—100
Marshall Field & Co com_i—No
par
v
27% May 20
4
14%
t
Jun
108'/2 Mar
f
A
11
May
Marine
11%
35
253/e
v
>
65 Va
:>>'■ y.>vi;V, V/f
20
12
634
j
253/4
*83
700
400
,.
35%
10
205/i
,
99
53%
543/4
48%
f
26
*97%
'
25%
54%
12%
f-
44 Va
*25%
98
35
10
63 %
•;■■,
*43%
26%
98
25%
10%
543/8
45%
.t
44%
*26
1,100
93/4
25%
172
Manhattan Shirt—I—-5
Maracaibo Oil Exploration
1—1
16
683/4 Jun
11
new
series
103/4
500
280
27%
353/8
86%
Sugar Co—i—^
v——1
Bros_l__—No par
Marathon
16
52%
Va
10%
*32
Shares
13%
52
'
Mahoning Coal RR Co—
v
Apr
193/4 Jan
Feb
100% Aug
97 % Mar
Dec
7 '/4 May
X •'
170
22 3/«
Inc
Co Inc
pfd
Manati
May 20
Feb
106,
85i Dec
'
?
52
27
7%.
10
52%
28
13%
12%
34
& Forbes com__—.—10
Trucks
Mandel
7
9
*9%
♦51
11%
3 3/i
243/4
9%
13%
51
*43%
■'
-
35%
:'
49%
9%
No par
:
98
11%
'■
3%
*32
*24%
13%
443/4
7%
49 %
'■
Corp
33/4
BalM for
the Week
♦27%
26%
'
25%
1
Co.
Magnavox Cd
27'
103% Jun
2
Nov
''49%
Cement
44
7
53
No par
i—
Steel
4%%
.16% Apr
9
29% May 18
4
Mar 16
Nov
'
Dec
j,
15
Jan
8
6
14% Jan
Oct
Jan
35%
6%
*10%
Madison Square Garden—No
par
Magma Copper—
10
25% May 17
20
263/8
,
,
Dec
39 V.
Feb
;; 353%
490
181/4 July
.
15
52% Mar
Z 97
Jan
4
7% Jan
35%
63/4
52%
preferred-^—u.-..—100
Mack
10% May 21
12% May 15
26 '-
20
Jan
>
=v
24'/* May
,;
2.6% Feb
Feb
May/
24%
May "I -63%
4
35%
3%
Friday
I per share
51
26
;
*9%
No par
Macy (R Hi
,
May 15
Apr 23*
525
10
Dec
141/2
15
17
5% Feb
*111% July
14
Star
6%
153^ Apr 12
24% May 20
18% Mar 18
Feb :
34%
Mar
.
-
83/s Mar 16
Feb
.".8%
Dec
10
103 % Jun
12
24%
*
-
MacAndrews
39% May 27
23
20% Feb
:
Dec
,
'•27%
Inc
Lukens
13
11
Apr
7
i
Feb
Feb
.
>' 9y May
(
221/a May v
525
Jan
14 %
9% Feb
•
Dec
12%
6% May/
97'/4
Aug
323/4
.
2
Feb
27% Jun
5
.
-193/8 May
Jan
25
500
Dec
40
11%
<
June 11
,
28%
*97%
12
3%
Louisville Gas & Electric A__No
par
Louisville & Nashville
———__50
Lowenstein (M) & Sons Inc com__l
.4%% cum pfd series A—'—100
8
142
12
xl6% Feb
Dec
>
98 / Apr
:
Feb
18 3/4
May /
91/4
223/4
27
.v/' 21% Mar
Jun
6
t
:l
Jan
<
30% Mar 16
,
Mar
.15%
4
24 Va Jan
May 19 i
24% May 7
Jan
111
98% Jun;
■
'•
*24%
—No par
M.
>':34>
! r3o>/8
11
92 V Mar 17
V
26
98
*32
Long Bell Lumber A_
;
,!
No par
Lorillard, (P) Co common—,
10
7% preferred——L—100
7
24% May 19
50
May 15
35% May 15
Mar 16
Feb
Lone
12
Jun
453/,
-—Z———3
I
44%
13%
52
28 %
28%
*97%
No par
Lockheed Aircraft Corp—
Lqcw's
28% May 15
156
Corp
Co/
Co
13%
51%
6%
Liquid Carbonic Corp com—No par
,3 %,:'/£ iconv preferred————100
•
11
20 / Apr
;?V
11
1013/4 Aug
■
v
19
21 % Feb
Feb
293/4
Dec.;,
/
27
>8
■:/ 53
171/2 May*
93
193/4 Feb
Jan
15
20% May 21
68% Jun
4
28
Jan
2iy2
172
Dec,
9
Apr
24% Jun
■
15% Feb 27
58 % May
t
23% Jan
84
a
2
Lima-Hamilton
11
'
*25%
7
Lily Tulip Cup Corp__-
;
'
35%
Savers Corp
S
Liggett & Myers Tobacco com/—23
•7% preferred
——100
10
'■
26
Life
Feb
45%
13%
52
11%
3
Libby
1743/4 Mar 30
Feb
109%
y
&
26
37
Oct
Aug/
J
Jan
McNeill
8'/a Feb
Aug
12%
Libby
2
'
x48
1
*13%
98
Lerner Stores Corp
2
.—:No par
Libbey Owens Ford Glass,
;No par
12
28%
45%
1
Corp
52
28%
9 per share
;
*25 %
preferred——50
Prod
13%
51%
Thursday
June 10
9 per share
June 9
*97%
3
com_
—
2
82
1913/4 July
33 V* May10
Dec
Jun
10% Apr
Mar 12
Co
Lehn & Fink
31% Mar 16
Jan
13%
$3 nop-cum 1st preferred—No
par
,60c non-cum 2nd pfd__
jNo par
Lehman Corp (The)
56% Jun
13
Sons
May 20
.12
Mar 18
&
May 15
56
20
83/4 Feb
/
,10% May 12
24
16% Feb
Apr
40%
May
9% Feb
Feb
11
May
29 % Mar
78
Jan
25
May
46 3/4 May
19%
(James)
Wednesday
,
9 per share
51%
Tire———4——5
PRICES
'
273/4
1
SALS
June 8
t per share
common.——No par
Co
-Non-cumulative
.
14% May
5% Jun
I per share
HIGH
Tuesday
June 7
3.85 Vc. cumulative preferred—100
.
AND
Monday
June5
Lehign Coal & Navigation Co_~—10
Lehigh Portland Cement1—25
Lehigh Valley RR—_L—
-—50
Lehigh Valley'Coal com_—;——1
73/4 May 15
2
Saturday
.
1
-
preferred-*-—*—.—50
Lee Rubber .&
9
1% Jan
'
Bryant
Lees
LOW
STOCK*
*
/
Par
:4%%
4
RECORD
•
Lane-Wels
.,,13% May 22
4% Mar 16
'
Lane
May .18
263/, May 28
31
Jan
I
1% May
35'/a Mar
Feb
/
YORK
EXCHANGE
.
47
10
Feb
441/2
Mar 19
95% Jan
'Apr
12 Vb
4Va May
,
Feb
101
9 % May
NEW
.
/ ''
14% May 15
533,4 May 17
23% May
6
■.
27% May 12
35
■,"
9 per share
93/4 Mar 12
Feb
May
38
„
1
Highest
I per share
STOCK
'
STOCKS
Year 1947
YORK
*51%
112
112
15
xl5
42
•40
52%
♦51 »/a
112
15%
•
-
"
♦111
112
15%
15%
40
40
53
52
52%
2,200
,
107%
14
13%-
42
3,100
13,200
*106
107%
413/4
22
23%
30%
14%
143/8
14%
41%
1,800
41'/a
41%
41%
1.100
•!"
15%
112
15%
♦106
♦111
15%
107%
112
15%
—
170
8,000
*40
41
*40
41
100
52
52
♦50%
53
400
&
YORK
NEW
RECORD
STOCK
HIGH SALE PRICES
LOW AND
STOCKS
K»|e tar Previous
6 per
I per than
EXCHANGE
Highest
Lowest
Highest
Lowest
8 |ttr than
8 per
g par share
Far
9 par than
than
June 7
Jane 5
N
lit;
19%
19
May
29%
21
May
30
Jan
14
Feb
Dee
8%
Feb
20
27
Dee
26%
Jun
21%
42
13%
Feb
6% Feb
11
Dec
33% Feb
10
14%
Jan
Feb
28
Dee
15% Oct
11% Feb
13
13
47% Jun
National
Register
City Lines Inc
National Container
2
Feb
10% Mar 15
13% Jan
2
National Cylinder
38
Jan
24% Mar 17
32
Jun
2
National
14% May
20%
Jan
14% Mar 17
21
May 21
17% May
23%
Oct
18
48%
30% May
20% Jun
11
Feb
87
Feb
107
11
Feb
15%
Jan
25 %
14% May
Deo
96
Nat Enameling &
25
$4.50
Dec
29% Jan
23
38
Jun
10
166
Deo
190 %
Sep
163% Feb
11
177
Jun
7
1%
136
Deo
167
Jan
134% Feb
19
147% Apr
7
6%
6% Mar 13
7% Feb
2
24% Jun
10
Jan
2
36%
28% May
8%
6% Jan
16% Deb
M
15% Feb
Jan
28
Dee
1%
jl
Jan
11
1
Mar 30
95
Nov
Jan
22
23%
22
25% Jan
10
16
24% May 21
94
Jan
2
x22
11
30% May 27
85% Feb
Feb
Sep
5
20% May
12% Dee
29%
17%
Feb
12
Mar 16
15% May 26
Natl
11
13%
Jun
10% Mar 20
12% Jan 26
NatomM
Dee
24%
Dec
17% Jun
18% May
80
May
11% May
19
Apr
62
Deo
230
Not
*16% "not
19
Feb
26
104
July
Feb
r
-
Feb
11 -
Feb
61% Jun
IS,
44% Dec
38
32%
Feb
20% Mar 10
Feb
83% Mar 2S
102
26
Oct
'20% Feb
46%
Feb
36
22%
Feb
60
Dec
39
Feb
10
137
Dec
121
Feb
11
,
,20%
,
69% May
142
*
23% Apr
19"
62% Jan
9
20
3
27
Jun
2
New
19
60
Jun
9
$5
19
255
Mar
•
49% Jan
Feb
200
Jan
Dock
N Y As Harlem RR Co
Mar 18
36
Jun
8
Preferred
.,' 95
107
Mar
86% Jan
Jun
10
N Y Power As
19% Apr
6
10% May
16
Sep
14 % Feb
10
N Y
27
100% Aug
81
13
5
North
American
Co
American
Aviation.
30%
Nov
16% Feb
Adjustment preferred
—
—
31
31%
13,700
20%
20
20'A
5,100
21%
21%
20%
20
20%
41%
*41%
42
41%
41%
200
20%
20%
X20%
20%
20%
20%
1; 1,700
20%
19%
96%
95%
96%
95%
95%
96
96
37%
37%
37%
37%
37%
37%
38
177
176
175%
176
145
♦174
■<
6%
23%
6%
x6%
24%
24%
24%
24%
24%
%
*24
24%
22%
23%
23%
88%
88%
'/ x23 %
23%
89
23%
88%
13
24%
89
u
■
'
,
.'28%
27%
28%"
28
14%
14%
14%
15
14%
10%
10%
10%
10%
10%
10%
17
28%: i;
1,600
14%
16%
16%
14%
2,700
96%
11%
64
29%
,
.
133 'i
♦197%
16%
16%
V
66 y2
67 -' •'
*23
27
*24
59
59
60
"27;
*58
*200
,
14%
14%
35%
94
94%
94%
18%
,.18%
94%
-
:/
18%
•
i
18
87
86%
*86%
25%
X25%
25%
33%
33%
33%
61%
61%
61%
*32%
v
61%
;,6i
15,000
3,800
>
260
j>: 2,100
/
88
25%
33%
♦33%
33%
61%
A 61%
62
.
200
28
28
28
16%
16%
16%
16%
34,500
12%
13%
12%
13
67,600
93
93
35%
35%
9.500
23,700
*27%
12%
12%
12%
12%
12%
93
92
92
92
92
*91%
34%
34 %
34%
34%
35
34%
24%
24%
25
25%
25%
25%
24%
24%
-100
25%
25%
87%
88
87%
86%
87
86%
87%
87%
87%
No par
87%
15%
15%
15%
15%
16%
15%
15%
15%
15
Airlines Ins common—10
16%
25
25 %,
25
25%
11
35% Jun
11
26% May 24
Natural
12%
-1
♦92
Gas Oo.
Northern Pacific Ry.
A
93
35%
80
>.
:
•
(Minn)—
Northern States Pwr Co
79%
Dee
102%
Feb
81% Jan
2
Aug
19% Aug
22%
Apr
11% Jan
13
17% Mar 20
25%
Oct
x21 % Jan
14
27% May 17
33
45 %
Jan
33% Jan
2
40% Apr 24
11
Jun
6%
Deo
12
13%
Deo
Feb
18%
Mar
5
Feb
8
Cum
Mar 19
90
Northwest
'
14% Jun
cumulative preferred
4.6%
Tire
Norwich
9
I per thare
Highest
;
f per share
NEW
Range since Jan. 1
Lowest
Highest
I per share
13%
13%
14
.
Far
Tuesday
I per than
9 far than
9 per
I per than
I per than
Friday
Sales far
June 11
the Week
.9 per than
than
O
27
Dso
81% Dee
31
38
Jan
27% Feb
10
34
Apr
24
111%
Feb
92% Jan
2
101
Jun
7
35%
Dec
26% Feb
11
41
Jun
9
Apr
18
Deo
17% May
93
Deo
22
May
18%
16% Apr
22% Feb
Feb
92
Feb
8
107
7% May
86
Dec
July
27%
13%
118
Feb
Sep
28%
Feb
May
33%
149% Oct
19% May
34
84
Feb
27
Jan
26
163%
Jan
147
28%
Feb
18
93
Jan
80
July
Jan
May
84
•
16
19
i
46%
25% May
*89% Deo
129%
Dse
8%
62% Feb
11
73
Oct
34% Feb
13
Jan
30% Mar 17
.
47% Mar 16
30
Feb
Oct
18
July
Nov
Mar
13-
89% Feb 27
134
Jan
2
10
41% Feb 11
Apr
1st
13
109
19% Dee
37
Sep
8
.
Pacific Gas Ac Electric—
54
Jan
40
8
15
May 17
104% Jun
7
A Jun
83%
92% Jan
12
6% Feb
147
6
62% May 21
21% Apr 24
64% Jun 11
100
May 17
28
97
Jan
2
105
18% Feb 11
34% Feb
10
2
Mar 16
Jan
28
Mar 16
Feb
24% Feb
14% Feb
8% May
11
6% Mar 16
15 V8 May
82% Sop
38% May
7
10% May 21
21
34%
Deo
9
Feb
19
34%
7,300
107%
88
63
V
15
14%
14%
14%'"
15
14%
14%
14%
14%
71
71
100
11,900
150
152
19
*18%
♦86
900
19%
88
88
62%
63%'
4,300
*14%
63%
63
64%
*14%
-
35%
19
.
;
63%
*150
152
110
23%
*84 '
19%
64%
-
34%
34%
34%
4,700
97
*96'A
-*22 Vz
:
960
10%
10'A
•
97
•150
88
,
;
23%
*22%
34%
13
♦84
10%
97
97
23%
•.
107%
107%
107%
ioy8
152
64
*86
34
.98
__No par
*68
r
i
•I
i"
-*20
;'v,
"i
Jun
preferred
26% May 27
*142 :.
51
." May 21
3% May 17
2
Packard
•;
Motor Car
—No par
.
Pan American
Airways Coup
8fe
Pan-American Petrol 9t Tramsp—8
i
.
30% Jun
11
10
:i,.
•
Paraffine
Cos Inc
com
No par
Paramount
96
Ine
1
Park & Tilford Inc
1
Park Utah
3
Consolidated Mines
Davis
Co——No par
Parker Rust Proof Co
8.50
At
Parmelee
Patino
37
39
Transportation
Mines At Enterprises
No par
8
20%
35% V'
54 ■■■■■■)■
39%
I
,,57
-5%
10%
r
19%"
62
96
•«: 5
•
"10%
'*19%
39%
103
142%
142%'
53%
102
104%.:-
..»47
2%
30
*28%
9
25%
49
*47
20
5
58
;
5
5%
10%
11%
20
62%
*19%
63%
'<
98
10
10
10%
26%
62%
*97%
26%
105
25%
49
—
2%
2%
30%
30%
29%
29%
25
*47 V'
2%
30
29%
29%
9%
9%
105
26%
*104%
24%
25%
48%
*48
35%-
;
.) 53% ?53%
,
4,800
'
6,000
1,900
TTff
21,900
%
r
143
143
6,300
102%
X102
tV
39%
39'A
A'
-
143%
80,
5%
5%
3,600
.57%
58
'-
5%
58%
3,500
5%
*38,700
:
5%
5
,
10%
11
20%
r
*20'%
164.
: 63
99
*98
10%
10%
26'A
106
25%
48%
f
26%
*104%
23%
*47
:
ii
200
64%
6,100
"99
10%
26%
106
24%
200
21,700
700
30
41.300
48%
3
2,400
2%
2%
30%
29'/a
29%
29%
29%
30%
30%
900
9%
2.400
123'8
12%
3,200
9%
10
9%
13
x9
6,800
12
12
12%
12%
12%
12%
900
31%
31%
31%
31%
31%
31%
No par
31%
"31%
Penick At Ford
31
31%
7
46%
47%
6,600
47%
47%
47%
46%
47%
47%
46%
300
15% Jan
2
Penn
13%
13%
13%
13%
13%
13%
13
No par
10
47%
Penney
18%
18%
18%
18%
1,100
11
19% May 25
27
16%
Oct
11% Feb
24%
Feb
15% Feb
6
(J C) Co
Coal At Coke Corp
Penn-Dixle
Cement
Co
—7
*18
18%
*13
18%
13%
18%
*13
18%
13%
19
...
'
18,600
20%
30
2%
£,
■
29%
3
30%
i
800 3
21%
35%
104
57
,r
10%
105
A
,
30
220
21
39%
5%
26%^
2%
9
;"i
J98
30%
9
57
t
580
42
'
'53%
,
...%
*142
6
20
96%
25
5%
xl0%
11%
98
105
"
57%"
5%-'."
63%
9%
24'A
y. A
62
26%
105
143
35%
35%
53%
39%
5%
56%
9%
*103
7.
.
5%
•
'73 :'
;*41 '• ".42%
20%
20%
^
800
14%
72%
14%
14 ^'a
*71%
'• 42
35%
¥
103
103
*142".
*25% .26%
9%
;
108
preferred
Pictures
19%
60%
•
convertible
May 17
13% May 24
53%
38%
*41 •'/
20%
35%
53JA
6
*55
5
10%
-
Panhandle East Pips L com_No par
4% preferred
100
Panhandle Prod At Refining
1
Parke
35%
>,
•
-•20%
143
J
5%
.
33% Jan
42%/'"'
*
15%
14%
*71%
'/"42 1.
15%
i4%
-
';
■r
4%
104%
103%
•
_10O
*
8
,"3£' 'A
•
—
Pacific Tin Consolidated Oerp——1
Pacific Western Oil Corp
—18
May 27
35 :..... 35%
52%. 53
':
20%
20%
-
38
—No par
Rights
6%
.
•
Pacific Telep As Teleg common—18#
41
*39%
'
•'•'■ 42
•71'
72%
A':
14% A
72% 'A
1
38% Feb
-V,
100
34%
34
-
Jan
30% May
Feb
For footnotes see page 28.
88
18%
io%-
,*150
IS
19
is1/*
49% Jun
24
Nov
48%
•
*150%
151
18%:
12%
38 %
Apr
13% May
Jan
11
4% Jan
88% May
7
July
Lighting Corp
Pacific Mills
Mar 18
6% Apr
Feb
43-
Deo
34%
63%
•
5% May 17
5
preferred non-cum
No par
Corp of Gellf—..18
Pacific
10
11% May 21
Feb
2nd
36% Jan
13
13% Mar 16
Feb
32% Jan
Dee
33%
34%
34%:
*86
—He far
Pacific Finance
8% Feb 27
48
preferred non-cum
41% May 28
21V2 Jun 1.1
10
4% Feb
4% Feb
May 27
22
86% Dee
♦22'%
,
14%
Oct
65
9%
*96 lA
22%
••
7% Feb1
109
97%
21/8
Pacific Coast Co
14% Feb
Jan
97%
22%
Paclfle Amer Fisheries 1m.
Feb
69%
97%
151
No par
-11 JO
Co
Owens-Illinois Glass Cs.
15% May 17
Feb
80
2
9%
A 19
15
7
,
Outlet
27
9%
34%
100
preferred
11
168
40% Jan
Feb
73% Jan
107%
*9%
.
24,500
108
107 VB
106%
107
250
40%
41
*17JA
34%
' 33%
*96%
Outboard Marine As
Feb
3% May
81% Jan
.
5
.
9%
No par
common
11
Dee
4% Dee
•% Dee
13
May
6%
29
Jan
89
17
% Jun
131
Jan
23
Elevator
11% Feb 27
39% Feb
:
Otis
11
33%
*22%
(The) common8
prsfsrrsd A
100
if
Corp
19
101
40%
*17 y» A 18%
9%
107
convertible
Feb
43% Jan
62% Jan
80% Not
Corp common
No par
convertible prsfsrrsd—100
Oppenheim Collins
154
15% Mar 20
X33* Doe
8 %
♦17%
18%
XI00%
41
;
41
40%
40%
32%
pfd
Sep
\
80
Jan
18%
31%
Omnibus
5
39%
39%
39
CLOSED
"»
Jfspar
11
102
|V'»
•
8% May
80
Jan
4Vz%
i.
•17%
35% Jun
56% Mar 19
■
400
33%
♦33
33%
Shares
*101%
101
101
101
33%
33%
'33%
33%
X33%
101
20
22% May 17
;,Mar 17
)idar 8
83
i
Oklahoma Gas St Eleo i%
2
Jan
Co
——
33%
101
100%
SKOHANGB
100
preferred
Oil
Oliver
May 27
100
2
-
-—-
12 % Apr 20
,
,}Mar 16
an
Not
10
108
Ohio
17
347/e Jun
9
25
20
Aug
.
88
11
Mar
.-Feb
89
18% Jan
14
4.40%
33%
8T0CK
Ohio Edison Co common
1,200
13%
*
Thursday
June 19
A :
June 9
•■.'jA;; JuneS
500
6
6
13%
A
360
7,600
5,600
■'i 320
37%
x37 %
14%
13%
14%
:>•
6
*5%
6
SALE PRICES
Wednesday
LOW AND HIGH
f per than
38%
6
June 7
June5
37%
5%
Monday
Saturday
stock
YORK
EXCHANGE
',,'25%
39%
5%
STOCKS
Year 1947
25%
39%
25%
*38%
39
*13%
1-Bo
25%
*38 V4
25%
/
13%
*5%
Cs
Pharmacol
Range for Previous
lowest
Rubbm
25%
5%
♦38%
Telegraph—
As
18
BO
No par
Northwestern
Norwalk
-
7% May 21
10% Mar 18
pfd $3.60 series
;
300
2,800
33%
Northern
10
1,100
25%
f
-
16%
16
96%;,
18 '///
16%
28
*27%
28
3oo
14%
35'%
*86%
87%
25%.
33
25%
86%
25%
*85%
14
/// 18
18%
4
.
.1
35 %
♦95
; 95
95
•:
:•
14%
35%
35%
v
A 225
*200
225,
13%
35%
94
:
14%
36
63
•*56%
2,100
V
25%
*22
,*
:
63
♦200
225
.
.
3,400;
2.400
17%
17%
18%
,
35,900
'
131
xi3oy2
132% 133
/..>■ 17%
17%
*-
2,000
y.
13%
88
.43
..,'7 43
17%
133 % 1
3,000
"
67%
33%
►86V«
"
29%
43%
17
,
110
90 Vz'
66%
27
is
a 3,400
24 y.
,
>
29%"
16%
13%
.;■/
23%
*88
.43%
33
18%
•v
1,600.
,
17%
12%
18%
V
90%
59%*
66%
32%
",.,94
23%
,
-V
98
*95%?
43%
133
;
16%
*197% 202%
205
y
r: 59 Vz
30%
*56%
58%
n%:
60 %
V
♦23
V
28
♦56%
133
16%
'
50
•
9,900
16%
-
600
11%
;
66%
43
66 %
65%
132%
..
*24
42%
15% f 16%
i6%. "16%
iiv
98 "
:
29%
,;
20
98
'
*88
30
1,000
34%. ;•••
97%
.' 98
'.. '.23%
89
.
.'30
,
'10 ('v
■64%
"132%
-89
-.60
l.ooo
102%
;
*34
.35
xll
*95%
j
*'
24%
",23%
29%
41%
\
42
11%
>-59% J 60
.
V
v
18
18
♦101
•
59%
2,000
,
•T7%:": •"
'
■V
102%
*96%
:4
♦94% >,98
98
♦88 t;:.
'•
,
98
11%
11%
;
23%, •,;24
90%,
-
'23%
35
♦96%
•V.,59%
,
34%
620
10%
io'/2
»17
18%
'*101
34%
*94%
98-
102%
34%
96%
!
'
28
•
18%
18%
-18%
*101
•loi <; 102%
96%
30
•17
18%
,34%
.
'
*18%
?
'11% j
i5%",
;
28
17%
42
..
23%
90
10%
17%
34%
900
14,100
23%
89%
14%
102%
3,600
23%
'
'
14%
'
4,900
'
98
97%
88%
18%
30
1.200
4,100
;
%
a
98
24
23%
98%
97%
%
97%
12
28
29%
:'
'
•
V
*24%
16%
:
6%
24%
146%
29%
89
f
146%
6%
*143
89
94%
""
176;
♦143
,
6%
24%
r
680
145 %
98%
22%
7,200
6%
%
24%
38
*174
145%
*
98
u
260
37%
175
174%
96
6%
23%
97%
*95 y«
24%
144%
6%
*23
Northern Central Ry Co—
11
20%
41%
19%
145
36,400
21 %
41%
20%
20%
♦40
41%
—10
13% May 10
Jun 11
North
93
25% Feb
Feb
31%
20%
15%
11
17% Jan
22%
31%
20%
*27%
Jun
28% Jan
14% Mar
13% May
32
20%
15%
Feb
25% Mar 18
2
31%
20%
27%
55
Sep
Jan
Jan
31%
20 %
61
Nov
30%
33%
8
30%
20%
15%
64%
Deo
16% Dee
82% Mar 10
1.800
13
31%
27%
Dee
26
,
12%
60%
06%
Feb
12%
.10
5
Jan
12%
.18
36 % Jan
10%
12%
Norfolk St Western Ry corn- .18
8
115%
12%
33
3
Mar
Deo
12%
25%
25% Jun
30
6% May
8,700
13%
8% '
12%
33
4
Jan
28
3.200
12%
25%
20% Mar
53%
83% Dee
8%
12%
1.50
4
Oct
Dee
62
8VB
12%
■
•
180
Noblltt-Sparks Industries
Nopco Chemical Co
25%
33%
3
5,300
8%
Elec As Gas Corp—
23% Not
18
46%
12%
li
■
Light 3.9058 pfd—100
.13.75 cumulative preferred
87% Jan 22
2
Jan
8%
46%
8%
Shipbldg Corp partlo stock—1
N Y State
80% Dao
46
<•
"57%. '58%
,
84% Deo
8%
46%
12%
102%
34%
180
series A
5%
8%
46%
8%
18%
RR Co.lOO
N Y New Haven As Hart
9
9%
47%
12%
*95%
No par
No par
BO
common
preferred
non-cum
14% Jun
6% Mar 29
20 % Feb 10
Sep"
Yerk
8%
46%
8%
16%
,
/
CLOSED V
100
No par
N Y City
700
6,400
8%
10%
Brake
preferred series A
Omnibus Corp
6%
•
4
23%
46%
14%
serial preferred—.100
Air
23%
88%
New York Central
4
May
'
York
175
23%
28%
No par
No par
N Y Chic As St Louis Co ooas—100
9r
May 15
18
11% Mar
Feb
25%
6
12% Feb 11
26 / Aug
290
11
Meb
1
300
175
12%
22%
New Jersey
>26% May 21
90
Jan 22
6,900
8%
*24
New England
-
5
29%
12%
%
3%%
8
May
300
28%
8%
'
New
12% Jan
96
3
15%
38%
12%
97%
8XCHANGK
43% Jun
10
1,800
15 y»
8%
8%
46 %
*23%
23%
*23%
5,400
12
11%
*37%
175
175
175
♦172
23%
23%
..
"29
175
*171
175
23%
preferred
100
Elec System
SO
Pr As Lt Co 418 pfd—100
Newmont Mining Corp
It
Newport Industries common
1
4%% preferred
100
Newport News Ship Ft Dry Dock
l
Mar 25
90% Mar
29%
28%
29
177
Newberry Co (J J) common—No par
May 15
98% Jan 12
29
*143
6%
:
STOCK
eonv
28%
37%
Corp.
4%%
29%
40
*96
Neianer Bros Inc comaac
24
38%
19%
Jfo per
31% May 19
87
Nov
Jan
38
•39
19%
com—10
100
10
Co
40
40%
♦39
8%
Vulcanized Fibre Oo.
Nehl
6
May 17
35
*27% Mar 12
Mar
13
100
108% Jan
Dee
32% May
12
May
10
106
11% Dee
88% Dee
36% May
22% Dee
19% Jan
13% Feb
38
28% Not
*87%
15% Mar 29
Feb
107-
Feb
88
Feb
18%
18% May
13% May
,106
Jan
15
20%
No par
Ref Co
National Supply (The) Pa
4%% preferred
National Tea Co
8%
11%
15
*41
10
Corp
Steel
8%
11%
is y.
12%
Service Corp
1
Nat Mai As Stl Cast Co
No par
Natl Power As Lt ex-dlst
No par
National
8%
11%
14%
30%
100
100
.
8%
11%
8%
1
common
A
B
preferred
preferred
National Sugar
Jan
18% Feb
Dec
100
Mar
Co
8%
15
180
12%
National Linen
99% May 15
81% Mar 10
28%
74% May
21% May
12% May
88
Apr
Lead
1,500
11%
45%
No par
10
preferred
conv
National
8%
8%
8%
Stamping—No par
National Gypsum Co com
9
96% May 19
1.100
8%
14%
•
23%
■
Nstionsl Dept Stores
27%
11%
23%
National Distillers Prod——No par
43% Mar 30
26
27%
8%
•171
No par
22 % May 21
Feb 28
37% Feb
Dec
Dairy
20%
26
28
14 %
28%
1
Gas Oo
Products
13% May
Dee
17%
26%
'
Oo
19%
26
27%
11%
*38
1
I
Nat
20
26
27%
8%
No par
10
No par
Corp
Corp
19%
26
27%
27%
27%
62,800
19%
25%
•
14 %
100
Share
Ac
Can
National Cash
9
9% May 20
13% Jan
Bond
Nat
May 17
9% May 21
common
preferred
1%
25
43%
6
National Biscuit Co
10
9
Dec
7%
National Battery Co
5
Jun
26
27%
Shares
19%
18%
11%
8
4
10
Corp
Nstionsl Aviation
18%
26
27%
■
Fibres Ine—1
National Automotive
1
30% Jan
175
May
8% May
33
Jun
10
Mar
20
Feb
National Airlines
11
v
1
1
Nstionsl Acme Co
5
Jan
Jun
17% Mar 22
26% Feb 20
164% Feb
Jun
187
,
29
10% May 20
12
Mar 18
29
34% Feb
Jan
168
14
11
11% Feb 17
Dec
34
Jan
24
Feb
8% Feb
18%
*26
.100
Louis—
Nashville Chatt Ac St
26%
18%
Corp
Naih-Kslvlnator
11
27% May 27
24
7% Feb 27
16% Feb
10% May
Feb
24
Feb
'
8% May
20% Jun
16
14% Mar.
Jan
16%
14
than
I per
I par than
t per than
$ per than
than
fsr
the Week
June 11
June 10
June 9
Sales
Friday
Thursday
Wednesday
Tuesday
June 8
Monday
Saturday
STOCK
YORK
NEW
Range since Jan. 1
Year 1947
Monday, June 14, 1948
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2592)
24
'
;
Volume 167
Number 4707
THE
NEW
Range lor Previous
»
Range since Jan. 1
Highest
9per share
t per share
29
Sep
36
Apr
29
Feb
Dec
117
Jan
110
Apr
8
18
Dec
34% May
112
Jan
7
Jan
18% Feb
Dec
111
26%
Feb
16% Feb
27
Jan
41
20
48
118%
Sep
103
11
Feb
Feb
19
45%
Dec
55%
Nov
34
81V*
Jun
101%
Feb
86% Feb
Feb
10% Feb
4
22
May
22%
23
Dec
34% July
May
34
8% May
37
27
Dec
Dec
81%
Pet Milk Co common
14% May 21
20 % May 15
Pfeiffer
Jan
47
Feb
11
Dec
40% Feb
13
50
29%
Dec
Feb
21% Feb
104
21
16%
Jan
85
Phlla
Co
4.4%
10
Jan
28
103% Jun
Apr
14
111
Jan
19
20% May 22
28
Jan
22
39% May 21
83% Apr
Dec
Jan
25 % Mar 16
109
Feb
87
Dec
101
Mar
21
Apr
43
Dec
81
Jan
93
July
Jan
Jun
90
8
Dec
3.8%
Jan
13
87% Jan
36
Jan
26
4%
90
Feb
preferred
Phillips Jones Corp com
5%
5
cumulative
Jun
18
12
Feb
10
14% May
7
Pboenix
Apr
38% July
30% Feb
25
34% Jan
98% Apr
1
103% Jan
11% Feb
11
15% Jun
108
Feb
Dec
96%
May
16%
Oct
88
Dec
$4
Dec
10
102
Mar
32%
84% May 12
Dec
26
Mar 16
16
Dec
16
Dec
11
22
Jun
Aug
169
Aug
145
Jan
26
155
Apr
163%
Nov
203
Jan
157
Feb
16
167
42%
114
Apr
59% May
67
Nov
Dec
140
200
Feb
13
10
Jan
2
11
20
Jun
9
27
157
140
Sep
20%
May
Feb
8
10% Feb
Oct
84%
10% May
34
Oct
93%
Jan
171
Feb
10%
15
Jan
20
39% Jun
9
157
May 17
Pittsburgh Young A Ash pfd
46
Apr 23
Plttston Co
Oct
28% Jan 22
14%
Jan
9% May 10
38
Dec
33
Oct
29% Feb
25% May
2
12% Feb
13
16% May 20
28
13% Mar 24
Potomac
Feb
8% Feb
27
11% May 18
Pressed Steel car Co Inc
71%
Nov
16
71% Jan
18
Feb
27
28% May 25
81
Mar 11
32%
Jan
32% Jan
25%
Dec
Feb
38%
30% May
19% Dec
Jan
102%
Dec
Feb*
20
111
,
Aug
Pond Creek Pocahontas
A Co class B
X90
102%
Dec
120% July
102
111
Dec
127
Jan
130
Aug
146% July
X127
94
15
Feb
Feb
35% May 21
8
6
Apr
26
$4.75
Public
Pub
6
1.U
Apr
Apr 21
Co
6%
Jun
114%
16
124% Apr
20
7%
20
8%
2
Feb
109% Mar
28
51% May
21% May
61%
Feb
29%
Dec
5
Apr
1
40% Mar 17
x25% Feb
5
106%
:
Oct
109%
Jan
101% Feb
13
24%
Dec
36%
Feb
x25
11
20
Mar
24% Dec
Range for Previous
,
*21% Feb 28
Lowest
111% Jan
Pub Serv El &
2
Preferred
30% May 15
53
Jan
42
$1.40
May 18
Pure
Jan
61 J/a
56
52 »/2
52'/8
99%
99%
99%
98%
99
23%
23%
23%
23%
24
233/4
24%
233/4
24%
24%
25
9,900
25
25
25%
24%
24%
25
25
2,800
115
420
114%
*115
115%
115 %
*102
103%
*102'A
111
*110
Highest
...
Range since Jan. 1
Lowest
Highest
;
9 per share
100
115
115
103
103%
*110
100
1143/4
150
*102% 103%
111
110%
350
20
201/4
20
20%
20
20%
371/8
37 J/4
11,200
371/2
37%
38
38%
38%
38%
90%
*89
6,100
893/4
X88%
89%
90%
90
90.
28%
29 J/4
291/a
29%
29%
293/4
*97%
98y4
*96'A
98J/4
97%
97%
28%
101
*85
88
88
88
*85
89%
*85
*42
45
*43%
45
*43
*89%
91%
*891/2
92
*89%
73
73
74
74
15%
*13%
15%
*13%
33%
33%
102%
110
33%
33%
'
13%
13%
14%
14%
74%
75
*14
110
14%
34
102%
1,600
102%
*107
15%
28,400
15%
*32%
102%
*107
143/4
44%
92
34
102%
110
88
*43
15%
34
102 %
♦107
*85
*88%
75%
*14
34%
102%
110
7,600
v"<300
45
741%
15%
34
102 %. 102%
*107
75%
29 3/a
971/4
92
-
120
29
97%
•
88
45
•107
120
110
143/4
15%
93
*92
33%
34
34
34%
34%
34%
34%
34%
34 3/8
19
19%
19%
20
20%
20%
21%;
21%
22,
7,900
34%
18%
I
400
IIO1/2
19%
91%
•92
99 3A
19%
•155
160
•166
169
*92
.93
*153%
160
*153%
X164
.v
164
*92
93%
164
160
37%
37%
.38%
37%
9%
9%
9%
9%
17%
17%
17%
19%
91
*163%
165%
*163%
165%
38%
38%
93/4
9%
37%
'9%'
19%
*155
90
92
-
19%
*155
91%
923/4
21%
•156
80
79%'
79%
*79%
21%
21%
22%
22%
19
183/4
923/4
92
162
*154
162
41%
41%
41%
10
*9%
10
59%
39%
39%
15%
15%
13%
13%
9%
♦154
43
°
*31%
162
7,8,500
92%
79%
23
-
*156
740
164
"• 79%
79%
120
*22%
79%
23
:
223A
7,600
6,400
*155
92
80
~30
39i/4
93/4
"
'
*79%
4,900
5,100
•
160
20
19%
*155
*89 %
93%
*152
9%
*155
*92
160
383/B
9%
93%
*153%
164
37%
23%
1,000
*156
162
43%
42%
423/4
41%
42%
:
*93/4
10
*93/4
10
*9%
10
64
63%
647/b
62%
64%
63%
64%
39%
11,600
39%
39%
40
40
40%
16
2,800
16
39%
16%
393/4
15%',
16
16%
15%
153/4
2,800
13%
13%
13%
13'/a
13%
13%
13%
13%
9,700
9%
33%
42%
60
10
10%
10%
10%
10%
10%
10%
9,800
*32
33%
32 »/4
321/4-
*32%
33
9%,
*321/4
3,900
33
100
67%
68%
67%
681/4
67%
677/s
67% : *67%
67%
68%
25%
25%
5,800
25
26%
25'A
261/a
25
253/8
25
25%
.7,300
93%
93%
*93%
93%
93%
93%
93
931/2
93
93
38%
38%
38%
38%
38%
38%
38%
381/2
38%
38%
23%
23%
23%
3,200
23%
23%
23%
23%
23%
23
23%
15,700
921/4
pfd™
923/4
91%
923/4
2,760
105%
105%
1061/4
105%
105%
1043/4
105'/a
3,970
117%
118%
118%
117%
1183/B
1163/i
117%
1,430
134%
133%
134%
134
118%
134%
133%
134%
23%
132%
133%
1,440
23%
'23%
*23%
—No par
____
92%
105
118%
133%
"
92
106
117%
•
No par
com
92%
;
24
*23%
,
92%
*21
24
109%
109%
*1093/4
28%
,
109%
28%
28%
28%
28%
28'7/a
28%
28%
283/8
47%
47%
48
47%
48%
47V4
481/8
47
37%
100
•106%
30%
30%
24%
24%
NEW YORK
233%
24
92
109%
No par
STOCK
„v
EXCHANGE
w.A>day
Par
111
*1093/4
37%
39%
393/a
39%
106%
106%
106%
30%
303/4
30%
30%
31
*23%
24%
233/4
233/4
24%
24%
Wednesday
June 8
9 per share
39%
40%
106
106%
39%
*106
303/4
♦23%
1,200
111
60
28%
t
16,400
471%
12,300
34,000
40
106%
1,200
30%
1,700
24
400
SALE PRICES
Tuesday
June 7
$ per ehere
*1093/4
,30%
; Monday
June 5
111
Xl06%
37%
107
LOW AND HIGH
$ per share
93
47%
—No par
common
120
105%
100
No par
■
,
52 3A
*99
37
STOCKS
$ per share
60%
56
52%
19%
Quaker Stats Oil Refining Corp-lf
25% May 25
60
55%
523/4
,
111
No par
conv
60'A
56%
523/4
103 %
111
preferred
5%
5
60
55%
•
II51/2
103
110
13%
__l0o
Gas
(The)
55'/a
52%
Purltv Bakeries Corp
107% Mar 24
31
61
54%
20
Inc
OH
61
52%
52%
•102%
CLOSED
100
dividend
Pullman
5
60%
53
53
No par
;
$5
'
Year 1947
f per share
Feb
Apr 29
50
5
Colorado
preferred
24
,2,700
17,400
1,060
61
18
200
J com__No par
of
preferred
preferred—
141% Apr
22% Apr
110%
STOCK
EXCHANGE
No par
11
i
3,800
18 3A
*28%
29
♦102% 1033/8
No par
com
preferred
Feb
111% Feb
18%
18
1
com
Inc
Serv Corp of N
$5
20
*18%
17%
♦13%
l
Co
preferred
cum
18%
17%
103
•42
No par
Power
Industries
Service
4,900
17%
♦85
preferred series A„50
conv
Publicker
24% May 15
98
Electric
Procter A Gamble
9
38% May 17
*
11
Feb
4%%
14%
10
Poor
12% Jan
30% Apr
62% Feb
14%
59
14
Oct
Feb
14%
•9%
Nov
43
1033/a
x143/8
14%
103
•89%
71%
Plough Inc
Plymouth Oil Co.
16
Dec
16%
28%
14%
28%
1
19%
May
15% May
90
6
39,500
16%
28%
1033/a
14%
•97%
100
(The)
70% May
4
40% Juri 11
35%
57
85%
10% Apr
15%
Dec
May
33%
Jan
7
1,000
16%
17
29
103%
•89
100
13
16%
16%
16%
•28%
13%
36%
preferred class A
-.100
5%% 1st ser conv prior pfd—100
Pittsburgh A West Virginia
100
Feb
16%
17
*102%
19%
5%
Jan
500
29
110
10
15
17
40
300
94
,
16%
13%
No par
145
17
*28%
29
102%
No par
preferred class B
94
17
22%
l
Jan
38%
9
7%
95%
95
16%
36
24%
114%
No par
Dec
10
12%
May 18
82% May 10
*94%
95
16
1,000
117%
36
99%
28
Pittsburgh Plate Glass Co
Pittsburgh gcrew A Bolt
Pittsburgh Steel Co com
94% May 14
73% Feb 28
71% Mar 9
17% May
Sep
21
Apr
19% May
11% May
1
37
'
Pittsburgh Forgings Co_;
1
Pitts Ft Wayne A Chic Ry
com__10o
7%
gtd preferred
100
a May 19
*115
*36
103%
61
117%
37
93%
..
117%
46
52%
5
Pitts Consolidation Coal Co
14
12% Feb
1173/4
*35%
♦45%
52%
par
11
165
16%
•115
'
17%
100
Pitts Coke A Chem Co com__No
par
$5 convertible preferred
No
92% May 26
35% May 22
15%
46
13%
100
preferred
93%
•102
Pitts C C & St Louis RR
10
36%
16%
16
loo
common
117%
*35%
94%
•28%
No par
Pillsbury Mills Inc
*114%
35
94%
1
Hosiery
117%
•15%
No par
preferred
xl9
35
100
series
12
Feb
•114%
3
preferred
3.60
46% Apr 23
22
A Iron
Phillips Petroleum
Apr
100
preferred series A
10o
Philip Morris A Co Ltd common
5
9
7
May
8% May
46
100
75% Jun
32%
46
ioo
21
Jan
*45 J/4
32.900
46%
3%%
2
87% Jan
preferred
Phlla A Reading Coal
Philco Corp common
30 % May 20
97% Jun
3
6
83% Mar 17
preferred
4.3%
8
54% Jan
18%
45
100
63% July
Dec
7,300
21%
46
No par
preferred
50% Mar
96%
19%
21%
No par
No par
$1 preference common
9
25
99%
19%
21%
50
common
2
14
-
Electric
25% Jan
115% Jun
85
30%
19'/4
21
28
preferred
21
88
43%
$6
26
91
Oct
35% Nov
98% Mar
Dec
19
21 J/4
-1
_
Jan
105
May
19%
20%
No par
Phelps-Dodge Corp.
Philadelphia Co 6* preferred
May 19
104% May 15
24 % Jun 11
26
22% Jan
Jan
120% Aug
•109% Aug
55
5
111%
19%
20%
5
Brewing Co.
Pfizer (Chas) ft Co Inc.
57% May 15
5
95% Mar
*110
19%
20%
Petroleum Corp of America
2
Mar
111%
Shares
33
19%
100
11
May 15
•110
the Week
*30%
20%
33 %o
9% Feb
64
111%
33
19%
No par
preferred
14% Feb
59
Dec
^0%
4%%
♦110
♦30%
20
5
Pepsi-Cola Co
6
May 19
111%
33
Sale* fat
« per share
46
100
Oct
48%
Dec
95
5
30% Jan
104
26
♦110%
t per share
10
.100
Peoria A Eastern Ry Co
Dec
109% Aug
27% Jan
Dec
23%
111%
Peoples Drug Stores Inc
Peoples O L ft Coke (Chic)
7
111%
•30%
Friday
June 11
June 10
I per share
33
♦30%
Thursday
June 9
t per share
33
PRICES
Wednesday
,_50
62%
Apr
97%
6
May 15
•110%
No par
18
May
49%
Apr
Power A Light Co
Pennsylvania Salt Mfg Co com
3%% conv series A pfd
20% May
24% Jan
May 12
100
.
12
Jun
36%
98
•30%
SALE
June 8
9 per share
Corp com—No par
preferred
Penn
t per share
HIGH
Tuesday
June 7
Thnrsday
June 9
9 per share
Friday
I per share
Sales far
June 11
June 10
9 per share
the Week
9 per share
8hares
R
7% May
10%
Feb
7% Feb 20
14
Jun
11
68%
Deo
80%
Feb
63% Feb
11
8%
Dec
Jan
7% Feb
27
94%
Dec
11% May .19
Radio
Corp of America com_.No par
*3.50 conv lit preferred
No par
75% May 27
15%
105% Mar
28% May
17% May
32%
41
32
Dec
38%
16% May
37
33
9% May
96
Oct
11
May
12%
28% Mar 11
34% May 15
Ralston Purina Co 3%%
Raybestos Manhattan
Dec
22% Feb 20
35
Rayonier Inc
Feb
31
July
18% Feb
108% Mar
20
May 17
23% May 14
24
45
Apr 27
4%
non-cum
31
16
39
Jun
4%
non-cum
2nd
Feb
10% Feb 24
101
Jan
21
Feb
18
14% Jan
Dec
29%
Feb
17%
Feb
10% Feb
84%
Feb
17
Aug
102
Jan
Jan
33%
Oct
61 % Jun
11
27
10
Mar 17
*95% Mar
5
*22% Mar 10
4% May
9%
Jan
6% Feb
10
3%
Dec
8%
Feb
6% Mar
4
9%
Dec
22% May
101% Dec
May
Dec
15%
Feb
8% Feb
11
30%
Feb
22% Feb
11
113% May
24% Feb
110
Apr
103
,
May 21
25'A May 21
13"% May 24
64% May 4
15% May 21
7%
8
19% Feb 27
May
May
124
Jan
92
Feb
Mar 19
7% Feb
11
Apr
Reliance Mfg Co common
Conv pfd 3%% series
29% Apr
104% Jan
5%%
19
May 15
22
Rexall
11% May 26
44%
Feb
45
35% Apr 23
41% Jan
50%
Dec
46
6
50
Jan
94
Jun
Dec
Feb
19
87% Feb
Apr
25%
Feb
20% Mar 16
13%
Jan
-18%
Dec
31
Feb
23% May
5% Sep
104
18
Dec
20% Nov
15% Mar
19%
Sep
24%
17
Oct
5
14
8
Mar 16
42% May
68%
Oct
17%
54% Jan 22
26%
Feb
14
40
Deo
Apr 23
2,
Jun
11
9
7% May 21
11% Jun
9
28% Jun
9
22
May 21
14
15%
40
*38
14
*13%
>103%
153/8
38
14%
14%
109
>103%
42
*40
*37
38
38%
*103%
300
14%
14%
14%
109
400
109
15
15%
15%
15%
*11%
113/4:11%
*23%
13%
*61%
12%
12%
12%
•12
12%
*12
*23%i?4%
convertible
*24
13%
*12%
63
*61%
26%
11%
*4%
15%
15%
preferred
3,100
12%
63
•61%
63
15%
14%
96
96
X26
■
11%
4%
-
.
4%
263/B
263/a
•26%
26%
2,300
113/4
12%
12%
12%
18,400
4%
43/8
30%
108%
108%
108%
19%
20 3/a
93%
V:
93%
6%
6%
27%
27%
27%
100
102%
103%
*101%
-
■
20%
*92%
--
23
26%
102%
1
11
11
10%
38
38%
38 »/s
38 3%
100%
11
10
6%
4%
4%
.10%
:
31%
*10%
•
4%
*103/4 '10%
4%
303/4
/
11
30%
♦109
203/4-
31%
111
20
94%
95
31
-
♦107
43%'
300
51,700
111
20%'
20
95
95
6%
63/4
27%
243/4
25%
101
101
101
100
100
11%
11%*:
11%
11%
2,400
38%
3 7 3/8
38%
36%
37%
8,800
iq
47%
48
47%
*47%
*93%
95 '/a
22%
22%
23%
28%
28 3/4
29%
32
25%
1
95%
22%
100
25 3/4
26%
26%
*94
*
5%
10 1/2
26%
26'%
48
*47%
48
93%
93%
*93%
95
223/4
22%
22%
223/4
31
32
311/8
33%
32%
353/4
27
27
26%
27
•27
28
6%
11%
11%
11%
11%
11%
x
•
26%
273%
28
28%
27%
28%
X27%
20%
20%
203/8
20%
26%
25%
26%
4,400
6
6%
Royal Typewriter
1
25
26%
Ruberold Co
(The)
Ruppert (Jacob)
26%
May 28
6
18% Jan
25
26%
26
72
25
No par
69%
69%
X69%
B
*14%
15%
15%
16
8t
58%
58%
59 3%
60%
69%
693/8
*153/4
'
'
6'/8
*6%
11 %
6%
9
14
9
37%
Dec
11
48% May 15
Fkir footnotes see
page 28.
Jun
Joseph Lead.
10
St L-San F Ry Co com v t c__No
par
Preferred series A 8% vtc
100
/
61
12
12%
12%
13%
13%
43
43%
44
45%
45%
V
11%
28,000
28
5,000
'
1,600
693%
70
70
70
70%
900
16
15%
153/4
15%
15%
700
61%
60
61%
59%
60%
; f
61% Jun
60
100
2,800
77,100
1,000
2,600
6%
6
103/4
25
*47%
23%
23
103/4
6
Co__l
48
95
48
*93%
20%
11
90
11%
20%
8% Feb
32% Feb
5,400
11%
21
39% Feb 24
"
38%
21
Jan
30
17,800
'
21
Jan
400
4,000
6%
26%
27%
,
20%
95
•
3,100
105/8
31%
63/4
7
21
12%
300
26%
Xl08%
20
14,700
12%
11
93%
80
15%
97
26%
*103%
108%
62
14%
*95%
1,100
•11%
26%
12
x29%
■:r. •'
300
12%
61%
15%
96
112%
12%
62
14%
96
6%
series
61%
14%
6%
Manufacturing Co
Robertshaw-Fulton Controls
4%%
conv
preferred
24%
12%
96
,i-
No par
com
*23%
13
14%
11
19%
25
13
96
30
*92
•233/4
13
14%
11
100
25
97
29%
108%
'
2.50
Common
3.60%
25
11%
50o
preferred
Preferred
40 :
109
;
3
65%
*38
42
:
Ronson Art Metal Wks Inc
Jun
May
100
♦40
27% May 27
5% May
18
3,300
41%
*103%
Richfield Oil Corp
No par
Ritter Company
No par
Roan Antelope Copper Mines
6% Feb
800
213/4
26%
27
19% Feb
34%
21%
21%
1
35% Jun
9
*343/4
21%
34%
21%
42
1
15% Jan 26
9
343/4
213/4
343/8
21%
14%
22
Mar
10,000
X343/4
34%
42
*95%
Rheem
5% Mar
1,900
34%
50c
24% May 18
10% Mar
32%
34%
28
Reynolds Spring
Reynolds (R J) Tob class B
1
88
323/a
34%
100
Dnig Inc
5%%
8
18
May
32%
33%
5
common
Reynolds Metals Co
5
36% May
May
32%
$1 convertible preferred
10
Republic Steel Corp com
No par
6% conv prior pfd series A
100
Revere Copper A Brass com_.No
par
96
160
32%
33%
500
11% May 21
31% Jun 10
17
*973/4
98
Co—
Republic Aviation Corp
Republic Pictures common
5% Feb 20
Feb
Jan
98%
98
135,400
32%
$1.25 dlv prior preference
10
Reliable Stores Corp
No par
13% May 8
5% May 20
82% Feb
11%
39
900
15,300
*973/4
10
98%
*32%
•
Reo Motor* Inc
8
13%
723/a
93/4
33
So
7
21% May 15
13
*71%
10%
32
34%
100
29% Jan
xl08% Jun
13%
72%
9%
32
21
Remington-Rand
$4.50 preferred
5
Dec
A
12%
72%
9%
32%
*40
8
10
Jun
preferred
12%
73
9%
>
so
Reeves Bros Inc
(Robt)
98 %
SO
preferred
;
■
■v-
26
common
Apr
98
Jan
6%
16%
7
preferred
12%
72%
9%
*97%
1
Real Silk Hosiery common
25
15% Feb
19%
9
2
15% May 27
105
$2
Reading Co
12%
73
9%
100
1st preferred
35
12%
72
CLOSED
No par
common
28
11% Feb 11
Dec
90
11
pfd
Jan
10% Apr 23
22% Mar 31
Nov
91
4
16% Feb
14% Nov
12%
14
Jun
Feb
96
24%
98% Jun
STOCK
EXCHANGE
1
36% Feb
39
16%
Radio-Keith-Orpheum
Reis
Dec
20% May
10% Dec
62
•
Mar 31
Feb
22% July
48% July
Dec
Nov
91
•1
41
n
LOW AND
Pennsylvania RR
Apr 22
45% Jan
May 20
15% Mar 19
Jan
100
13%
5%
Apr 22
120
17
6
Penn Glass Sand
19% Apr 15
22% May 24
51%
Dec
Monday
(2593)
RECORD
June 5
Par
14
May
15%
38
STOCK
Saturday
STOCK
EXCHANGE
I per share
18
*107
22
HEW YORK
Lowest
Highest
9 per share
YORK
8TOCKS
Year 1847
Lowest
•it
COMMERCIAL & FINANCIAL CHRONICLE
14
13%
133/4
13%
l33/4
45%
45%
455/8
45
45%
-
:
8,500
37,500
5,600
RECORD
STOCK
YORK
NEW
Highest
share
Lowest
f per
share
S per
Lowest
I per
i
.
'
,
.'.
>./,
Monday
Saturday
-
\
:■
$ per share
Par
*
58
Jan
29
9
Jun
12
Oct
8
Feb
13
13% May 27
Dec
98% July
79
Feb
18
91% May 20
80
Dec
21% Jan
Bafeway Stores common
x20
17% Mar 19
108
Dec
114% Mar
Jan
5
112% Jan
15
8% Feb
10
11
23% May
11% Feb
55% Jan
13% Jun
7*4 May
40%
49%
-
Dec
67
Dec
68%
Dec
'
66
60%
Dec
Dec
July
108
Jan
39% Mar 10
95
Dec
103% Sep
Dec
102% July
88% Feb
13%
Nov
18%
83%
Dec
98% Mar
! Jan
93% Apr
Jan
11% May
Feb
Feb
24%
55
Mar
43%
Dec
10%
62% Jun
7
10
20
Jun
11
10% Apr
29
16%
Feb
16%
Feb
Jan
9% Mar 16
Feb
94
Seeger Refrigerator
16
$4.50
Jan 31
104
26
30%
Dec
26% Feb
11
36% Jun
2
40%
Oct
30
Feb
11
40% Jun
9
18
33%
Jan
1»% Feb
11
27% Jun
82
Feb
68
Feb
25
78
May
*
70
Dec
14%
Dec
21%
Dec
Feb
Feb
35%
Dec
28% Feb
6% May
9%
Feb
11%
-
4
•
39
9
13% Jun
11
45% Jun
11
5% Mar 17
7% Jan
5
4% Feb
'
7% May 18
5
Apr
Jan
27% Feb
14
36
Feb
35% Mar 13
44
Jan
50
50
29% Jun
11
14
May
18%
Dec
15
Feb
11
65
Mar
117%
Dec
92% Feb
May
Oct
18
10
11
23
Feb
156
Jun
11
24
Jun
11
35% Jun
3
Apr 13
28
'
Smith
92%
62
;
23%
39
90
Apr
102% Jun
26
Dec
23%
Dec
35%
Jan
19% Feb
5
Jun
9
13% Mar
17%
Dec
14% Feb
11
21% Jun
11
99% May 11
103% Jun
5*%
Feb
"3%
May
5%
3% Jan
6% Mar
8% Jan
Oct
4
~147/a
Apr
22%
May
39
Feb
Jun
45
56
Jan
Nov
42%
Dec
37
27
Dec
34%
Jan
25% Mar 16
22
July
28%
:
Mar 17
1"
5 % Vc
Natural Gas
Feb
20% Feb
27
26% May 24
Southern
50% Dec
43% Feb
ll
50%
Jan
57% May
77
Feb
88
81
Aug
20% Feb
Nov
15
May
7%
May
14%
93%
Sep
20
69% May 15
73
15
Mar 10
20% May 20
4% May
4
Feb 26
v
30
May 17
Sperry
14
May 15
Spiegel Inc common—
Conv $4,50 preferred
23% May 15
Feb
Dec
90%
Feb
7% Mar 16
61 % Mar 17
18%
Feb
15% Feb
27
Nov
45 %
Jan
22
99
Nov
112%
Feb
13% May
23%
83
102
Dec
Aug
36%
17% May
Jan
May
89
114% Feb
May
81
125
Feb
74
16
3
9
22% Mar
Feb
Square D Co...
29
3
91% Jun'
11
11
'
Jun
23,100
11%'
11%
1,900
' xll%
j
11%
111% Jun
97% Feb 27
1
Standard
July
54% Jan
27?
37% May
44% July
36% Feb
13
50% Jun
80
July
69% Feb
11
88% Jun
11
31% Aug
24% Feb
27
34
Jun
11
Feb
17
97% Jun
Oil
11
50% Mar
63
Mar
23%
Jan
94
Dec
105
Jan
17% Feb
10% May
41% Jun
91
11% Feb
71% May 15
3%%
4%
Feb
38
Feb
11
43% May 11!
47
Oct
37
Feb
16
41% May 26
Starrett Co
May
18
Jan
11% Mar
6
15% May 21
,34
Dec
88
49
Dec
Jan
•
104% Mar
30% Nov
36%
Oct
39'A Jun
32% Mar 12
88
Feb
27
97
10
Mar
Jun
36% May
9
19% Feb
12% Feb
11
14% May
24%
13% Feb
27
18
Jan
3
Jan
8
19%
21%
Jun
10% May
,
109 %
51
25% Feb
-
Apr
125
Mar
9
94
75% Mar
Dec
Oct
29
16% Mar 16
Feb
15%
May
114
70% Jun
50% Mar 19
113% Jan
118
31
11
20% Jun
10
21% Jun
25% Jun
10
2
25% Jun
9
41% Jun 11
1
34% Mar
13 % Mar
9% Mar
24%
17% May
101%
18% Feb
Oct
Dec
160
Jan
140
13
May
24% Feb
r36
May
47
38
Mar
14%
Jan
21%
30%
Jun
37% Jan
20%
Dec
4
9
28% Jun
,
19
% %
27%
79%
14% May 14
Jan
28% Feb
18% Dec
17% Feb 27
80% Apr
104% Mar
Dec
10%
6% May
Feb
21
4% Mar 12.
•
36% Jan
Year 1947
Lrfwest
tper share
i
Highest
i
h
22
Jan
8
26
Jun
3
!90% Jun
9
<
7% May 18.
■;<•
;<72%<<
72%
12%
74
<
21%
v"
21%
26
;>•
26
.
••
91%
*91
95%'
105 %
22%
22%
73%
22%
22%
!•
25
;
96%
69%
? f*
69%
c
•
70%
,
48%
CLOSED
84%
V <;':■• 87
33'A
33'A
97%
*97'A
14%
15
42%
42
;
:
38
(i?
?
/14%'
>
•
'
15%
16
v 'hi
■'■>
i\:. •'}$,
'
/
•;
V ' \ '''' :£**
J
'
1
'
~i
26%
i
27
-
14%
38%
r39«A
♦96%
97 Vt
*96 %
97%
33%
33%
13%
'f
'y
No par
25
16%
16%
18%
18%
19
15%
15%
16 Ve
15%
16 Ve
28%
*39%
10%
10%
♦96 V2
70
118
69%
♦117
*117
'
r.i
*218
< % 14%
20%
20% •21% :
25%
25% ?!
25%
__10
40%
10%
10%
10%
27!A
27%
28 V*
;■13%
-'•<
34%
.
25
Swift International Ltd
w:.
•''-y
*
Sylvania Elec Prod Inc com..No
$4 preferred
No
par
Gould Corp
15%
•
'
i
;.?•
6Ve
,
'•<;.
24%
-6Ve
v
*90
-
-
•;'
34'A
34%
118
21
13%
34
34% v,
*20%
!'
41
.
16 %
25 Ve
90%
6%
6%
-
PRICES
Wednesday
-Tuesday
90'A
•
'', • 25"
7
I per share
I per share
-/ ■/
$ per share
<
I per
S per share
15 74
3,500
100
?
3,200
Sales fer
Friday
I per
3,300
9,800
25%
6%
500
900
'-'■?<
>89
the Week
June 11
share
2,000
.
34 Ve
6%
Thursday
1,200
-v
13%
•
"■.•
89
6%
-
18%
43
15%
«<;
16
25% V
June 10
June 9
June 8
1,000
8,500
>.
230
r
33%
LOW AND HIGH SALE
June 7
28
13%
';j.,
•'34%
6%
5,500
4,500
10%
•43
.
2,500
.25%.-:
Xl87/e
15%
;
:
38,100
--41%
41
227
J
43
90
25%
90%
10
.!<? :<
-
19%
14
15
21%;.
x25%
25%
25'A
16
25%
;
*14%
225
<
3,300
♦117 ? 118
-
15 Ve
224%
! v
5,000
70
27%
19%
~
29,000
10%
70
28
43
1,300
12,200
100
? *97«/2
10%
.
16
6%
v
4,000
</,
28'A
10 Ve
;
?
70%
2,000
16
27%
• -
92
6% ■?
18%
10%
s
14
15%
•
June 5
?■> Par
t per share
/
43
*13%
34%
25 mh
Monday
Saturday
'
' ■:?'
16
90
90
-,v.i
STOCK
/'
34%
*42%
14%
10%
99
'
.
16%
18%
10%
-
19%
43
'
43
*13%
13 %;•.:'•*
19%
19%
41
41
225
♦222
' : 224
19
:
43
!>■/;■■■ 24%
par
l
..
26 Ve
1
18'%
42%
(The)—4.16%
15
40%
223
223
T
:
40"
>
26
>
*18%
118
118
14%
14%
•••■
'
70'A
70%y
14%
10 Ve
26
'
10 Ve
*97
j
99
;
70
28
;
10%
IOV2
98 %
'
>
28%
28 Ve
28 Ve
27
16Ve
,
10 Ve
40%
15%
27%
*96%
100
-
'
;>/■ 15?e
"
5q
;,
16
16%
18%
v.
•
•14%
10 Ve
K':•
16 '
15%
16%
:?
300
3,700
-
32%
<32%
15%.
?
33 %
-1
7,600
97 V*
•96 V2
32%
15%,
33%;
•
"
15%
;
•
100
38%
97%
14%
400
14%
38%
19-
•"••
118%-
*117 .Ve
;
14%
39 V*
16'A
69%?/
68%
<■'
•
-
98%
*97
!\/ '
14%
33%
18%
•
•
iM0Ve:>
10 %
•
•
t
19 s.i'
4,400
><!
15
.^15%
' %
•
16%
14% >14% ■■■'■
' * ;;
■
42
42
15%
15%
'
";:v 19 >
*40
42
300
-
?
14%
42 Ve
*14%
33 lA
33%:?
14%
43,900
;
97% '
97%
*40%
-•96%
97- >v
••"'
41
39%
33
*40%
40,800
88 Ve
34
*41%
41% <41%
•
24,200
50%
•!' ■:
15
■••■
*14%
;•
39 ■",•..•.■ ■•:■;'.■* 38%
97
til.
;
*40%
41% -41 %>:•':
*14%
•
42
15
42% >42%
■
*42
J.?*'"
.
3,400
17,200
50 Ve
98
14%
14 Ve
10c
■
31%
97%
•97
14%
1,200
71%
70%
33 %
33% '<
31%
97%
■,14%
31
97%
:
87%
<
31 Ve
?
>
49%
85%
$
14 Ve
30%
•••
50 »A
,70%
'50%
85% <85%
49% ,50
85%
70%
50
84%
; 23,000
? '•
v
..V
;r
70
r
70
69%
y.
,
*96%
r'
.12.50
STOCKS.
r:%-
-
49%
82%
EXCHANGE
-100
111%
108%
.106%
430
9,100
y:
27%
102
99%
•
.
1,800
•
-
91%
108%
540
T
4,700
•
28%
26%
26%
4Q
QO
7,800
11,700
-
102
*91
n
-
/;
107 %
;
26%
28%
91%
24%
25%
96%
106%
3,600
.
26%*^-
102
28%
91%
f-
.
103
Ve
28
91%
*
27
26%
103
:<<<
29 Ve
106%
13%,??
26%
103
96
*105%
■
-
.22%
29
12%
73%
24%
•
105%
73 »A
v
-
mVa
91%
24%/-!<r 24%
95%
95"%
23%
13 Ve
72%
'.■!:>-■'• 70
29 Ve
12%
28%
28%
■?.*• 28
91
29
23%
/
74
103
'
103
200
28%
13%
26
26-
26,
,102%
! H
28%
28 Ve
29'
21%
8,900
;
!?< ■;
72
*69%
29 Ve
29%
*73
:
8%
*8lA
69%
27%
13
21%
8% :'!>• :"•!
10
600
"
6V2 ■,! 6%
69%
28%
v
1,300
,
71
29%
h
28»/z
29%
12%
.
;
,
25
A
*
YORK
%
8%
28%
27%
1
EXCHANGE
6%
6%
29;
•
12%,
102% 102%
.100
Superheater Co (The)
Superior Oil of California
Symington
19%
6%
*8'A
is. 8,300
-
19%
*19'A
8%
16,100
y
f
68%
68%
4,900
72
<
*69%
!
49 %■"
♦19%
6%
8%
4,900
•
59%
♦70
19%
70%
y
'
72 %
*71
200
.V
30%
26
58%
68%
68'A
40
30
.
v'"'48%
6%
:
29 v
12%
5,300
? 5,100
60
19%
a
28%
1,106
14%
,24%
;
19
<70^-
*28% ; 28% j
•
-49%
48%
>
72
;•< *7%
w
•<
.;
68 %
72
'
„
b 1 "/A
68%
6
70
58%
74%
; 19
< :•!'
8%
...
25 •<<*'
52%
14'A
*38
25
49'A
.
*52%
30
57%
•<
48%
:>?■•' 21,200
:
x40% -'•41%'
/
40
29%
24%
68%
V- 6
6.
*67%
*38 V*
30 Ve
6,100
4Ve ??V
7%
43%
.••-
43'A
.
48%'
58%
3,000
7'A
14% .14%
43
"',39
*72
%■•,:<
19
72%
series B__._i.25
;
,
$ per share
$ per share
74
v
86,400
4%
52%
52%
43%.-
*68
68V2
v
;■>. 19/ /
series
NEW
Range since Jan. 1. ,
-Highest
Lowest
47
•:
24%
25
24%
56%
•72
No par
Paper Co+
''<■
56%
y
30
.
21%
*42
44
*42
,/
52%
1,000
i
103%
'
43%
39
••
30
25%';?
20%
7%
7Ve
8,000
87 V2,
103%
4Ve
4'/e
<:■ :.-y
4%
7»A
43
,
39%
*38%
29%
24%
*7%
43
AV/a'^l
-
"
46%
1
cum)
Sweets Co of America
■;
30
24%
preferred
r->
"•
-
42%
%
.
103%
102%
:V
14% >■14%
.14%
21
20%
20%
102 %
.
52%
52%
.
:
?:•; 25%
*42
...43%
*52%
14%
•7 55%
1
,
;
Swift .<& Co
27
Range for Previous
'.
'J
52%'V
38%"?
*87%
25%
7%
!
7%
*42.
<43%
87%
x25
••
4%:
4 %
,
*87
y
26
102
4%
7%
38% <38%
preferred
Sutherland
<
101%
,,
38%
••<
26 '
38%
102
5,600
4,500
38 Ve
38
.87%
20%
20%
:'34%
;
/,
38
*87
25%
;
•
20%
,
101%
29%
No par
Superior Steel Corp
6
16% Jan
(The)
Corp common
pfd. (4%%
25
c!rA
24
34%
23
<?
500
1,700
156
155
:
34
2,300
113,600
29%
28%
23
34
3,000
40
*39
-V
^
87%
42% ,42%
'
*30% Feb 25
38
•.<14%
1
Sunshine Mining Co
11
43% Jan
2
36%
23
y
3,300
,
6%
35%
f
153
•
34%
34%
25
1 X153
154
23
34%
*87
V:
23%
23%
33%
'
.No par
—
Sunshine Biscuits Inc..
19% Jun ' 9
Mar 12
A
4%
*
9
Jun
230
1
11
13% Jun
Oct
,
11
Mar
Feb
14
>
Class
28%
23
:
20'A
14%
20
Sunray Oil Corp
11% Mar 31
45%-, Jan
—-
'
-
40
27%
34
52
5
common
Sun Oil Co common
2
40
28 Ve
22%
*42
,
40
15,300
'•
6%
;•
6'A
35
151%
150
150
149
7%
100
—.15
r
$4.50 series A preferred
9
Jun
Chemical
Bun
».
15% May 24
9% Feb
12% Sep
32% May
8% May
.
Studebaker Corp
7
98% May 25
26%
26%
34%
39%,
27%
6V4
■r
34%
6'A
*
27%
:
40
45 %
6%
*
35%
6%
1,800
13%
44%
6%
6',8
,
6%
35
.
7,700
5,000
♦13'A
13%
>
15
15
45 Ve •*?:',
44 %
y,
6%
-" 6%
■i
35 ■>.
34%
*39
4
5
prior preferred
Stone & Webster
,
May 27
11% Jan
4
Mar 17»
Jan
7%
5%
16% May 26
11% Jan <6
6
'L 40
45"
44%
6%
5%
101%
'
105
.
Feb
•17
16
May
10% May
July
r
Mar
17
Jan
6%
36%
10
__!
Corp!
Stokley-Van Camp Inc
2
20
-
6%
♦13'A
13 %
*13
13%
43%
20
25
common
Stewaft-Warner
16% May 26
13 % May
Oct
78%
;
21
*77%
78%
14%
87%
v
27
14%
36
,
40 %
X26%
*77%
44'A
68
39%
27%
14%
33%
,
40%
78%
*22%
l
i
(J P) & Co Inc
Stevens
26%
14%
♦24%
No par :i'
3%%. preferred
7
2i
40
"
43'A
149
STOCK
.100
(The) L S
Sterling Drug Inc
8
*
26%
*77%
26%
p'ar •'•?.!< STOCK
Sterchi Bros Store? Inc
•49
.40%
26%
79 %
*87
Spring common
1
convertible preferred
—.50
May
40%
100
h
10,800
34%
14%
*13
1,100
9,100
100'
33%
14%
13%
♦39
CLOSED
Steel
12
v
34%
j: 6
34%
34%
25
preferred series A
Standard
34 Ve
,
of Indiana.-—s
37
,1
■
;< Standard Oil of New Jersey
Standard Oil of Ohio common
15% May 21
10
'
34%
14%
6
1
of California_.No
Oil
Standard
10-
63
<
i
t
100'A
34%
x77 %
6%
No par
$7 prior preferred
11'
*99%
100
78%
43%
EXCHANGE
14
100
26 %
26%
..
7%
14%
7%
8
14 %
14
99 %
40%
.39
26%
7%
7%
14%
34%
34%
35%
,
101
*98%
38%
.
14
13%,
101
7%
14 Ve
7%
7%
8
13%
14%
pref—No par
No par
:
No par
$o prior preferred.:.
200
5,500
3,100
41 'A
'
Standard G & E Co $4
7'A
11%
No par
preferred
$3.50 cum
10
11
*6%
40'A
No par
com
7%
11%
———5
L
Brands Inc
Standard
•
27% May 15
102
;
*6%
"
41%
*13
Squibb (E R) & Sons common.!—1
$4 preferred.
L
^_No par
2
Jan
29%
27
Feb
14'
Jun
104
2
19% Feb
82
86
May
29% Jan
May
98 % Mar
37% Jan
Dec
Spencer Kellogg & Sons...
Corp (The)—
20
17%
68%
2:
29% Jan
20% Feb
Oct
May
8
5
Jan
23% Mar 18
31% July
24%
16% May
•
73
2
7%
1
11%
*76%
No, par
—1
No pary!
:
1
1
2
Sparks Withington—
Spear & Co common!
$5.50
preferred
L
6% Jun 11
8% May 27
5% Mar 16
69% Jun
55
40'A
r7.50
^
20
54%
11%
26 %
i._No oar
(A G) & Bros Inc:
19 Ve
55
41%
34%
Railway
Spalding
19 Ve
52%
11%
'"
;
18%
53%
41 %
*38%
common—No par
5% non-cum preferred———100
Mobile & Ohio stock tr ctfs
100
Southern
6
Jan
Mar 23
Jan
23%
11
58% Feb
70
Jan
Dec
33% Feb
Feb
6
73
.V
Co
Southern Pacific Co
•
60
May 17
49% Jun 10
60
18%
,
6%
conv
34% Apr
28 ' May
„
4,000
61
*60
59 %
18%
53
41%
*98%
150
preferred!
5%
9
9
22,300
25 Ve
24%
60%
60-
2,700
?
89
*87
25
6%
13
preferred—"
—50
8 ". Southeastern Greyhound Lines.!__5
16% Jan
South Porto Rico Sugar com—No par
43% May 24
'.
8%
preferred
—
125
42% Jan 15
Southern California Edison
i
25
30% May 15
36% Mar 17
37% May
Jan
52% Jun
12 Ve Mar 11
Jan
40 %
'
,
7
24%
•
15 »A
15V8
15'A
88 %
23%
52%
18%
52
1
15%
*86%
87%*
40%
Co com_4.50
South Carolina E & -G
24
700
~50
93%
*93
93%
*92%
6%
1
Platinum
South Amer Gold &
i
.'
18,800
'
40%
*7%
115
pfd.100
4%
Solvay American Corp
11
May 17
7% Apr 26
17
52
64%
Nov
42
5
24
94%
6%
11%
Carpet Co com__20
Socony Vacuum Oil Co Inc
*93%
40%
,
3%% cumulative preferred—100
';Smith <fe Corona Typewriter__No par
19
87%
•. •
Smith (A) & Sons
May 28
13
Jan
87
49%
t
*6%
J
30% Mar 17
Oct
39%
29% May
15%
15%
*86%
60
18%
;
!
,
24%
x60
18%
53
93%
//
87%
24
62%
*51%
94%
*92%
.
15
15
*93%
*93%
94%
*92% ; 93%
•18%
Corp..——-.10
(A O)
-
*93%
*86
Simonds Saw & Steel
.
16,100
13%
32 Ve
49 %
13%
50
94% \
23
s—i—_No par
No par
Sinclair Oil Corp
No par ;
Skelly Oil Co.—
•
-15 Sloss-Sheffleld Steel & Iron
_20
8
480
32%
50
Co
Simmons
May 15
51
.15
-
?
41
;
6,900
13%
12%
31%
50
15%
A—No par
No'par
Sheaffer (W A) Pen Co
—1
Shell Union Oil
15
Sheraton Corp of America
—1
Silver King Coalition Mines
5
1
20%
111%
31%
12%
33%
94%
250
90
20%
12%
51
40,200
.
111%
50
;
13%
*89 %
20^»a
112
327/a
87 %
$3.50 conv pref series
Shattuck (Frank G)
1
Mar
12
6% Feb
Apr
•
27% May
10
Apr
111%
12%
15-%
common—No'par
Sharpe & Dohme
21
15% Jan
2
12% Mar 16
22
24% May
v
Corp—,
Steel
Sharon
89%
89%
: 20%
f
33%
92%
1
No par
Shamrock Oil & Gas
20% Apr
20%
111%
111«A
13%
13'A
13%
89%
11%
'
24% May
'•
50
101
13'A
31%
5
1
preferred
*96
13%
111%
*85%
+—1
No par
s
101
12%
50%
—5
Co
Servel Inc common
*96%
89%
90 '
20%
Shares
133
31%
-No par
Seiberling Rubber Co
1
14% Jun
133
'20%
13%
Ill
111%
*93%
100
Seagrave Corp
Sears Roebuck & Co.:
8% May 15
5% Mar 17
Feb
16%
110
Dec
42% May 18
12% Jan
40% July
10% May
101
6
135
11%
!
1
No par
Seaboard Oil Co of Del
59% May 6
7% May 21
11
Mar 25 "
135
100
*97%
20
*89
the Week
I per share
■;
t.
31%
c__No par
preferred series A
5%
Seaboard Finance Co
!
.
20%
-
common
Seaboard Air Line com v t
25% Jun
19
5
Dec
6%
11
11
Feb
15% Feb
31% Feb
Oct
11
12
13% Feb
44
Feb
30% May
7
Apr
87
35% Feb
5% May
23
9
12%
13
90
share
136
*130
100
Sales for
Friday
June 11
June I if
$ per
"
12%
111
,
135
*97%
*88%
No par
$3.40 cum preferred
No par
Bcovill Mfg Co 3.65% cum pfd__100
Bcranton Elec Co (The) common—5
3.35% cumulative preferred—100
Scott Paper Co
15% May 19
13
81% Feb 20
19% Nov
Dec
17%
13
13% Feb
preferred
Corp_—
5 %
100
20%
share
♦130
133
5
}00
5
1.75
Bchenley Distillers Corp
share
*97%
Louis Southwestern
Savage Arms
May 27
51
90
39% May
2
35% May 21
90% Feb 27
92
3
97% Jun
.
5
25% Mar
Bt
139% May 28
2
Jan
67
t per
Thursday
June 9
S per snare
June 8
133
Ry. Co—100
5% non-cum preferred
100
Bt Regis Paper Co common
5
1st pfd 4.40% series A—
100
26 %
I per
Wednesday
Tuesday
<
June 7
June 5
EXCHANGE
'
t per share
share
STOCK
NEW YORK
1
Highest
Range since Jan.
HIGH SALE PRICES
AND
LOW
STOCKS
Range for Previous
Year 1947
Monday,'June 14, 1948"
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2594)
26
share
Shares
T
May
3% May
13% May
14
7%
Feb
9% Mar 16
11% May 21
Talcott Inc
Jan
3% Feb
Telautograph
11-
20% Aug
14% Mar 16
5% May 17 C
19% May 27
53%
Sep
68% July
52% Feb
65.% Jun 111
Texas Co
10%
Jan
24
17% Feb 27 *
25 % May
Texas
Dec
14
46% May
58% Nov
47
21%
47% Dec
37% Feb 10
Jan
Feb
13
8
Tennessee
64% May 28 .1
Texas
56% May 12:
Texas
15%
Jan
34%
Feb
10
Jan
58% Feb
45% Feb
5
13%
Dec
15%
Dec
11
18%
Dec
19%
Dec
17% Mar 27
Dec
29
9% Jun
8
14% Jan
8
10
46% Jan
9
17% Feb
12% Apr
15
15 % May 21
21% Feb
Dec
59%
May
9% May
45
13%
8
Feb
Dec
60%
Feb
6% Aug
16% Jan
14%
Feb
24%
Oct
101
38
85
Sep
May
Dec
16%
59%
106
7% Feb
19
Feb
19
Apr 30
8% May 10
39% Feb
Jan
Mar
For footnotes see page
Mar 16
40% May 11
85
'28.
Feb
11
6
*
1
10% May 15 '
47% Jan
9
13% Apr
19
24
Jun
10% Jan
95
Sub
share
Land
-.
11
*10%
5
*4%
*11
11%
5
5 Ve
r
11% :
5
<•18%
18%
xl3%
18%
18%
62%
62%
63%
63%
;■ 22%
24
24 %
24%
60%
60%
V-
i
..10
60
60%
43%
-
60%
49%
49'A
51 Ve
50%
r,
52
$1.25
y;
ctfs
:
Co
common
^
;
1
..100
Thermoid
$2%
div
_!
;
Co
preferred
8*
Thompson (J R)
Thompson Products
4%
preferred
32,400
14,300
60%
5,300
50%
9,300
43
64
60%
43%
50%
42%
43%
62
63 %
64
64
64
62
18 Ve
18%
18%
18'A
18%
%
xl7%
10,300
18
17%
18 Ve
17%
.!• 21 Ve
21%
21%
21%
21%
21%
21%
1,700
22
20%
*21V3'
•
9%
9%
9%
9%
4,900
37%
37%
37%
38
14
14
13%
13%
300
9Ve
9%
2,400
*
'-'41%
41% ■•/;■
43%?;
9%
100
13%
13'A
9%
10%
X22%
•10
15
No par
13%
.
-
9%
.
38
39
-
1
__-_•
10
39
*45
50
com
9%
39%
*13%
Corp..No par
(The)
10
•
39%
:'__1
common
conv
65%
24%
49
60
601/2
<41
-
r
No par
Third Avenue Transit
100
300
1,700
7,500
i 900
.—50c
preferred—No par
Thatcher Glass Mfg Co common!
5
$2.40 conv preference
No par
5Ve
19
,60
24% J.
Trust—
conv
The Fair
18%
11%
24
.'64%
63%
24-
■
59%
*5
*18%
64%
23'A
A
18%
62 "A
22%
>.
*11
*10%
5 Ve
42%
"9%
9%
*45
10%
*10%
10%
22%
23%
10%
58%
58%
94%
94%
*10
57%
*94%
9%
9%
45%
45%
23
*13%
10
39
13%
9%
-
^4-%
9%
9%
?
200
45
45
45%
20
10%
11
11
10%
11%
1,100
23%
24
23%
23%
23'A
23%
3,100
46
*10
10
10
58
58%
57
58
94%
94%
95
*94
*44
10%
10%
58
95
•
10%
•45
•
-
43%
63 %
'
Ine
Thomas Steel Co
May 17
*
1
No 'par
:
.
Pacific
11
*4%
__25
_!
Pacific Coal & Oil...
9
59% May 26
•"■
5
;
Gulf Sulphur.j
Textron
37% Jun
Dec
'
9
__5
Producing
Texas & Pacific Ry
May 22!
?•'
;
Corp
(The)
48% May 13:
65% May 24
24
"
Corp
20% May 24
Feb
12%
41
12
Mar 11
(James)
Gulf
Texas
41
:
< '
4.
10
*
•10
57%
*95
10 %
100
57%
"2,400
96
140
Volume
Number
THE
Range for Previous
-
Year 1947
Lowest
9 per share
since Jan. 1
Range
Highest
Lowest
9per share
7%
Feb
1% Mar 11
Feb
25%
Oct
19 % Feb
94
Dec
108%
Feb
4 % Jan
19% Mar 16
18
May
May
39 %
15 %
May
17
53%
Oct
Jan
10% Feb
15% Jun
9
Nov
15% Jan
22
5% Feb
11
44
Feb '
7%
112%
Feb
Nov
12%
Dec
15%
2iy2
Dec
38%
Mar 16
97% Mar
Thnken
11
Transue & Williams Steel
Tri-Continental
9
23;
48
Jan
33
Feb
92
Jan
27
7
Dec
16
Feb
5% Mar
30
Nov
51%
Feb
9% May
17 %
Oct
105%
*105%
23 %
36% Jan
100% Jun
24% Apr 19
9% Mar 16
4
Corp
5
$1.50
11
$4.50
8% May 27
32% Jan 21
14% Jan
5
Twin
conv
preferred
prior
preferred--
City Rap Transit
5%
conv
Twin
Coach
Co-
29%
30%
104%
103 %
103%
104'/a
105%
105%
'105%
22%
23%
54
53%
54
13
16%
16%
16'%
15%
16%
20
15%
20
15%
20%
20% 1
20%
20%
10%
*104
10
10 %
*104
105%
105%
'
29
23%
*35%
100
18%
23%
23%
*35%
100
77/s
18%
18%
23 %
37
23%
1,700
12%'
6,900
123/4
15%
15%
*20
10%
9 7/e
,
104
7,900
20%
700
10%
'
'I03y4 103%
31,600
60
'
18%
18%
22%
23%
'
18'/4 5
18%
22
6,700
23
15,100
35%
35%
35%
35%
100%
100%
100 %
100%
400
7%
7%
*7%
7%
30
29%
1,300
29%
29%
12%
29%
12%
12%
,12%
12%
7%
30%
12%
7,100
37%
*99%
7%
12'%
23%
100 %
100%
7%
*29
50
—
22% '
53%,, 53%
*35%
*98%
7%
30%
<
9%
770
'
'
*
12%
104
'
17%
37
*29
12%
100
26,600
104
*105%
23%
12%
17'%
12
30%
30'%
53%
17%
—1
29%
2,100
26
23%
9%
3%
26
103'%
s
3%
.
2 6','2
23
105%
50
29%
Shares
•
3%
,
12%
*103%
com—No par
prior preferred
30
103%
3%
54
20
Bales fer
the Week
I per share
*25%
12%
9%
—No par
No par
3%
27
531/4
9%
preferred
;
No par
Truax-Traer Corp
-No par
20th Century Fox Film com__No
par
3%
*25%
x22%
16%
*19%
1
•'
I per share
12%
12%
No par
common
23'/a
Friday
June 11
June 10
per share
53
*52%
$6
>
25% Mar 31
16
Jun
28 %
5
-:J
,
26'%
*102%
—,
18% Jun
Jan
28%
103'%
Thursday
June 9
3%
105%
—
Axle
Roller Bearing—-___No
par
tTransamerica Corp
—J'__2
& Western Air Inc-__
5
10% May 15
3
*25'%
,
103%
Timkcn
23% Apr
3%
27
PRICES
Wednesday
*
S per share
28 %
Transcont'l
27
19
July 1- 1948
Detroit
22% Mar 11
104% Jan
104 r
Dec
Called
May 21
13% Jan
7
12% Mar 16
Jan
*3
*24
SALE
June 8
I per share
Co
com__No par
preferred_j_____No par
cum
55
-
I per share
par
7
2
"
34% Aug
10
105% Jun
Far
HIGH
Tuesday
June 7
Tide Water Associated Oil
com—in
$3.75 preferred
——_j.No
237/a May 27
27
Jan
20%
Dec
104 % Jun
>
Mar 17
15%
5% May
93
7
'22%
.
!
13 % May
14
May
99
2
$3.50
.*
"
.
AND
Monday
June 5
•
Thompson-Starrett
May 15
31% May 24
95% Jan
21% Feb
6
29
13
105% Jun
40% May
10% May
Saturday
9 per share
.
3% May
LOW
STOCK
EXCHANGE
"
20
STOCKS
\ NEW, YORK
Highest
I per share
COMMEKCTAir&~ FINANCIAL CHRONICLE
8
*29%
12%
12%
'
v
i
•.
400
150
,
4,600
U
12
f
Dec
15% July
43 V2 May
9 '/'a May
*•
58%
Jan
37%
Oct
May
'
Dec
Dec
106%
Dec
104
20
Apr
120
Apr
977/a
(
30
:
V» 28% Jun At
X.i 26% Jan.:,;;
Dec
50;
11 %
<
Dec
,71% Dec
Dec
Feb
8
2'/a Feb
61% Mar 17
Oct
16% Feb
13
28% Jun
37% Jan
21
46% Jun
11
48
16% Feb
89
a;
Feb
,.
Feb
;v 11%
> Feb
Mar
*
9%
Oct
39%
NOV
<24%
9% Dec
35
May
A" 46%
Oct
26
17% Mar
Apr
7% Mar 30
Oct
39% Feb
16
53
49
Jan
13
39
Jan
25% Feb
14
A "87
Feb
38% Feb
,«
51% July
Dec
81
,150
Feb
&
48% Feb,
Jan
5%
*33%
8%
16
A
Dec
Oct
12V*
Dec
Feb
Dec
V
May
52
163%
.
Feb
16
Feb
VV 4
192
Dec
:
Jan
U
27%
EXCHANGE
10
Jun
20%
:
Feb
19:
'•
Mar
21
% %
*
Feb
/
17
Feb
6
,
Jun
Jan-
v-
•
U,
Plywood
Corp
•*
cum
Dec
U
V
;
,
,
8
8
*78
81
27
..
S Tobacco
7%
# per share
'Feb:
14% Feb TO.
18%
•
-
85%
2
Feb
!./
Feb
V
Jan
V
Nov
'
50% Nov
•104% May
10% Nov
<
■112
Nov;
/
16%
121
Dec
.
86
Co.
j
21
45/
'93
"Feb
53%
Jan
Oct
30
;:38
/
'"::Auf •;
May 22
•
33%
•33%
Apr
13%
Apr
Apr
29%
100
Dec
*17% May
7% May
10%
.;
Dec
88%
Dec
22%
19
3
,
:
13
Pil
1
19 %>".'
10
t
/
50
55%
70
>,
55
*70%
A';
79
'
4; 79 %
41%
A'V
7
S; Jan
6
7
;
35% Mar 30
» ;
30% Feb
Feb
/32
Nov /;
•
Oct
Feb
28% Feb
',29
Apr
10
10
Jun
4
Jan
v
47%
2
,
123
V
Jun
9
18% May 15
116% Jun/-9
23
Jun
"38% May
34% May
v.39% Apr
■
2
'5%
y,'
1
-
26
32% Jan
■•:■;;
13
18
.14
•73%
Feb
17%
.
Jan
>36%
109
Feb
July
24'/a* Jan
60% Apr
:
•
14
6
Mar 15
*30
Feb
11
100% Apr 29
*18% Mar 17
13%
Feb
19%
Feb
10% Mar 12
106% Mar
*83% Mar 12
8% Feb
11
•66
Jan
2
15% Jan
8
35"% Jun
4
103% Jan
June 5
—2.50
•
•
-
4%
Co
.
.
preferred
1—
preferred—-
2'
5%%
14
May 22 '
Warner
32
Jan
Warren Foundry & Pipe
No par
Warren Petroleum
Corp new com__3
Washington Gas Light Co—No par
Waukesha Motor Co
27
20% Jan
5
23%
Feb
20
17% Feb
16
26%
Feb
17
41
Feb
24% Apr
Jan
Mar 16
3
6% Dee
37% Jan
52% Nov
83% May
21% May
39
Feb
11
90
Feb
80% Feb
13
34%
Jan
19% Mar
12%
Jan
5
For footnotes
see -page 28.
.
Feb
10
3
v' 34% May
14
26
May 13
20% May 28
21'/a Jan
30% Jan
2
2
6% May 24
61% Jun
9
86 % Jan
2
26% May 21
preferred————100
Bros
Pictures
i
$4
17
conv
46
116%
s
V
■
*21%
...
,
/ *36
com
preferred—
,
•/
.
T
31%
-
*37 V
38
:
23%
500
900
5
10%
23%
,.
*165
-
23,600
>
1,400
170
.
*30
*30
38
*37
*
*30
30%
v
r-
.
116
96
*30
.
22
123
16%
116
'
22%
38
*30
64%
*62%
30
38
•
13%
32
.38
1,800
*95
17%
32
,
300
24%
47%
116
*36
38
700
4,300
>93%
13%
32
31%
30%
2,600
-
'
13%
*93
:
47
122%
"
*
.
14%
26%
24
95%
22
22%
Shares
13%
v'
,
16%
7
!
14%
*26
96
■;
122
Sales fer
the Week
22%
■
24%
37
'■
Friday
13%
13%
123
X37
31%
•
180
"
-C 24%
*95
95%
13%
17%
32
3,600
June 11
22%
47.
122
32%
13%
68%
I per share
14%
*93%
13%
/
13 %
68%
'
<26%^
*93
A
22%
>37 '.7
13%
68'%
13%
;
116%
31%
9%
*23
170
14,600
18%
>■
■
-
26%
47
116%
30%
22
•
13%
~*21%
*30%
9
14%
:
.
24%
116%
=»30
>
-
122
31%
38'
5%
32
*17%
A
June 10
.V
22%
37% >37%
•>■;
,
•Thursday
96
*95
13%
>21%
31%
5%
*31%
18%
,
A.
■
96
47
116%
22%-
*36
31%
*37
/
31%
96
,96
47%
1,300
95%
250
13%
15,300
123
1,100
16%
11,600
110
1
230
22%
lOO
38
200
32%
1,200
38
100
30
30
30
20
♦30
'
31
70
:>•>/'.'
♦63
■■V -14%
,
;.>>.>'*/'•>
t
34%
*102%
?
/
;
-
K:X
64
14%
*63
14%-
14%-
34
;.34
*34
103
103
12
12
15%
103
103
64%
♦63
14%
14%
14%
*14%
34%
34
34 %
33%
15%
:
25%
26
103
*103
104
12
12%
-
k; 15%
25%'
25
*103
25%
12%'
•
15%
26
13
12%
12%
15%
15
15%
15%'.
64%
15
1,500
34%
1,200
104
23
23%
12%
12%
260
r
8,700
6,300
:
100 A
,
:
100 "
14%
15%
98%
99%
99
'12%
S9%
12%
630
12 Vi
12%"
12%'
12%
12
12 V*
*28
V:V/VvV
v/A :
/A
'
'
-*
;
•63
»•
34%
25%
'
V
/ -
14%
25%
■
-.i''
•
A
64
12%
12%
29
29
29
37,800
29%
30
29%
29%
•29%
29%
800
30%
30%
31%
31%
1
32%
*24%
12,700
Ar 29 %
*::
100
24%
19%
19%
19
*18%
19 %
•20
27%
27%
1
57/a
32
,
9 per share
23
16%
tA:'/:/."'
No par
No par
700
*93%
17%
116%
300
98
*93
95%
122
1
Indies Sugar Corp
V
V"
V' 17%
,}"X W's/■:
5
22%
>
•13'/a
*24%
96
12%
17%
250
2,500
A'.-
14%
».
,
96
*95
121
V
3,600
11
■"
^
26%
45%
12%
5%
10%
5%
A;
June 9
14%
*93%
95%
12%
18%
40%
5%
PRICES
A 26%
*93
V.
' A;'
.26
13%
96
18%
40%
5%
98
32
9 per share
V*
23
15
..
24%.
5
Webster Tobacco Inc
Wesson Oil & Snowdr
5
5- A
Wayne Knitting Mills
Wayne Pump Co
West
21%
•15
45%
1,700
11%
*18
;
Wednesday
June H ,
f per share:
13%
/
46,100
99 Vt
5%,
.i
SALE
/
24%
*119
'
1
5
10
M:.
100
10
HIGH
13%
95
it
F'V/'V"1
.W
,
10% Feb
AND
V 26
96
300
82
140
"
11
32
;,v is
; 18%;
V.: 7 .XX 7% ;. ;
>i;
'■
.
24%
45%
100
25% Feb
>
-''t
900
2,900
72
*98%
■
13%
20
Feb
.
5,800
5,900
54%
81%
A
18%
v
132
;
>140
41.
„
6%
•
-8
23 %' v:AA 23%
23%,; A 23%
171
>;
*165
170
*165
r
14%
14% /. 14%
,;■■•»■ 13%
68»/2 '»■:
*66% ; 68%
68
y
24%
/
■
?
10
Nov
20% Feb
■
t.'jy'T,,
No par
No par
common
14%
*93%
100
y/—•
,
:
•
98%.
5%;
>31%
./
*40
/;■ 5%
'11%
.
98%;
18%
/
200
933/4
*70'/a
'
1,700
47
54%
139%
100
"•
35%
132
82%
139%
v?
35
72
81 •
,
w. ;■
6
>,
■
par
18%
2
i
*
/
»
preferred—^.^,20.
common
Jun
1
2lVa
14%
.///..,/
.*25% .26%,.
.
*93
27% May 21 f ■; Walker
(Hiram)" G & W—No par
/ 13% May 24 V Walworth Co „;
.i—
No par
:
16
Jun
2;
Ward Baking Co
101
21%
:
1
Walgreen
/
22
June 7
$ per share
■
CLOSED
'
36%
19% Dec
17% May
S1CCK
25
VY
18%
41
-
*5%
/■: 11
Tuesday.
a./'.
%
c^coniimn^J^^itS->^r
Wabash RR 4%%
Waldorf System
'■••';
Monday
v
EXCHANGE
V
10
Co—6%
Vulcan Detinning Co
common.
'7ft/ cumulative
V*
*40
,
51
57
54%
*70%
1,100
II,800
•'
*66%
LOW
preferred
71
82% r
>139%' 140 V
32
'
; 69;;.
Saturday (
preferred—————100
71
18
.AC,,
51
X57
36
53%
,
14%
100
preferred-—,—100
/ /
463%
5%
17%
'"V 6%
23%
*165
A
171
Visklng
5
32% Jan
*92%
,/ 81%
98%
VA' 1 5 %
23%
Va Iron Coal & >Coke
4%/pfd—-Z.25
6%
93%
54%
•
9%
46%
1303% 1303/4
131%-i-34%
A
A
11%
>94
6%
-common
5
cumulative .preferred-/-—TOO
/Virginian By
18%
9
36%
51
1,200
2,200
29
181/4
*
./
I,400
10
40%
6%
29
■
9%
46%
5% A; ..v';
32
18
par
41
'■*
11%'
32
1
com—w_ 1
Va-Carolina Chemical com—_No
6% div partic
preferred—
Virginia Elec & Pwr Co com
3
19
non-cum
$5
2
11
15
5
3% %
..
29'%
19
r
35%
*923/4
18%
5%
98%
yictor Chcmical Works
>
'
58%
54
140
40%
6
50
81%
i
18%
10% >>;
100
:
72
139%
18%
1
-
A ii
:;,i
55
139%
Vicks Shrew & Pacific
By com—100
96%, Apr 23
13% Jun..1:9
11
Jan
May 28:
75
49%
933/4
2,700
153/4
*73%
*57%
46-%
40
500
180
*15
50%
■
STOCK
Vick Chemical Co
6
*175%
57%
46%
12,100
,/
-
16
9%
*92%
!
25
Vertientes-Camaguey,Sugar
16,200
.
76
50%
35%
100
—
new
22
180
•
57%
-10
No par
Corp
'
1,800
15,100
2,700
102%
'
,
113
—
—2.50
Inc
22
xll2
„
19 T
9 %
20
com
Co
Co
*100 '/2
113
*15%
*74
Vanadium Corp of America—No
par
Raalte
112%
*177
J per share
Norman
95
V
221/4
■
" v
Van
29% Jan
102 %
22%
STOCKS
Van
31%
,♦100%
EXCHANGE
.
55
193/a
31%
2,900
22
18%
63/a
preferred
YORK
54%
22
19%
6%
—
NEW
54%
22
19%
:•
'
19%
i—'
preferred—
Universal Pictures Co Inc
( 4 % % preferred
:
pershare
94
54%
21%
31%', 31%
i
%
63/4
Dec
Deo
22
19%
20
■
463/4
28%
May
30
22%
..
19'/a
700
^
45%
—No par
12
Sep
55
545%
27%
40%
21
.
54%
22 V*
,
50
,/ 8%
■"/•>/:'
87
V
55
;•
80
27%
40%
Steel Corp—
Universal Laboratories Inc_^
Universal Leaf Tobacco com_No
15% May 21
21
14% Jan
109
Feb ;
40
Feb
Feb
>18
Dec /
Dec/
Dec
45%
,50
2,100
8%
*77
40 %
Universal-Cvclops
11
15% May 17
7% Mar 16
;L
Oct
34%
30
45
21,900
32,300
47
*8
V
27%
45V2
;■
3%
47
8
79
27%
4N0 par
com_
Stockyards
26% May 21
.
87% Feb 'I 2
Feb V
31
-f
...
,37% Mar 10
Nov
31%
*
V
Mar
86
''
"v,
22
v
..
5% May
May;.
107%
16
39
DeC
14
13
94
Nov
69
,
12% Feb
12% Jan
; 94%
;
-cw-;-35%.May
■-•;';85
Feb
Jan
8
45
common———10
Mln
46%
2,800
54
3 P/a
-
♦77
27%
100
—
United Wail Paper Inc
common
4% cum conv preferred——
>
24% May*2T
8
80
v
44%
No par
5
einee Jan. 1 ^
k Highest
/.
■
*
27'%
'
•.
43/3
*53
3%
46 %
1,700
/
34
m
4%
53
3%
f'
46%
1,500
14%
par
1st preferred.
non-cum
United
»:®ange
•AV Lowest
53
3%
:•
*77
.•27
United Stores $4.20 non*c
2d pfd—5
$6 conv preferred-—:
•
23% Jun 5 8
.
53
3%
46%;
20%
34
*32%
4%
600
900
20%
33%:
34
1
27,100
*13%
4
21,700
-
83%
14'/8
34
2,300
153/4
*81
20%
.
*32%
4%
53
3%
46
8
Corp common—No par
preferred ———100
IVo
U
>
19% May 15
170
34
4
53
3%
S Steel
/
21% Feb
,
*32%
4%,
*52 %
v
20%
12% May v
*,y-"'-26% Dec
84
14
34
1
series A-——100
prd
non-cum
i
$ per share
<13.% May;. ./., 22.::...
14%
14%
34%
20
common
3,000
1,100
109%.
15%
80%
20%
13%
.'46
Co„_13%
u—
Smelting Ref &
7%'" preferred
9
Jan
v
33%
35
3%
-No par
common
U S
8
10% Jun
21
79
14%
:
5
preferred
3%%
'•' a
9
Jan
79
33%
1
common-—-
Co
24,300
30%
*109%
230
-
41
29%
109%
15%
15%
-
14'/8
1,
-
b zb Jan
./ 34
13
Mar 16
150
Year 1947
Lewtit / Z'J1) -Highest/A
I pershare
,
21
j
*32%.
100
-
403/4
23
109%
15%
79
■
33
/
5
Pipe & Foundry,.
Playing Card Co—
S
•
:•
29% Feb' AV 10% Mar 4
i/ V 15% May 21
91 y« Feb V
66 - Feb 24
'■
70/ May 20
Range for Previona
f
-
28%
110
15%
20%
81
par
87o
1
Am
29%
♦109%
*
15%
*79
-
•
28%
110
14%
100
„
28%
109%
CLOSED
No par
-.No par
preferred
U S Rubber Co
12% May 26
98 V2 Jun
9
3% Mar 17
30 >■; Mar 13
Dec
Dec
66%
A
STOCK
ilOO
preferred—
;
41%
10
■
„
No par
—
1st preferred
Leathef
U S
6% May 21
H i
29
11%
Dec
13%
4
r
42% May 20
4% Mar 16
93
Feb
22
,
A
2
V
A 23%
Deo
Jan
>A 8% Feb
10% Jan
4% May
20
38
■w
109% Jun
1
■
105%
8
Hoffman
US
13
!
/Mar
A 23
,
,,
Jan
,
•
6
58%
66% Jan
7 iX-19
67% Mar 17
82%
,, 129% Mar 16
/
140'/2
•'17% Feb 10
19%
'Dec
.
190
105%
Machine Corp„
5
preferred
_i—100
Industrial Chemicals—iNo
S
•
9
137% Jan
1891/2
105%'
Partic & conv '•lass A
U S Lines Co vommon
May 21
41% Jan
Feb
A 80
96%
19
A
,
189%
105%
No par
'
May
61% May
,133
Dec
W, S
/.A.f 8
11
A 125% Mar
S
S
U
yy 37% May 21!
94 =*• May
7
49% May 15
6
189
Car
4%%
U
5
57% Jun
103% July
60% Feb
165
Feb
Dec
Dec
Jan
Feb
••
38
U
•
21% Jan
2
9% May 20
46%
127% Dec
,
36
9
73
Dec
; 23% May
A. 92
Dec
,*17% Nov
17% May 14
Mar 16.
34%
Freight Co
Gypsum Co
1%
,
10
-
,
67
9
S
U S
■
,
-V
U
9
,'2
Jun
69% May .7*
' 76 -Jun
4
33% Feb 24 // 42% Jan ,' 9
AV 5% Mar 15
8% Jan7
53% Feb
*
.
4
! 38%
179
33%
Foreign Securities—No
$4!50
24.% May 15/
113% Jun
6
33%
Tank
US &
'
92% Feb-11
170% Feb
32%
United Merch & Mfrs Inc
com—1
32% May 15
101,
Jun
9
20
90
—
May 24
21;% May 26
27
240
99
90
United Fruit Co
United Gas Improvement
23
15% Feb 11
196% Mar
33% Jan
94
27
110
*97.
Foundry—^5
58% May 17
13% Mar 16
>;
Oct
'
10
20% Feb
.Jan
' 107%
Feb
<
39,100
*97
1%' preferred
United Electric Coal Cos,
United Engineering &
3
Jan
9,300
42%
90
cornmon_>-(_^
$3 preferenceUnited Dyewood Corp common
V;
39%
42%
*103
99
$3.50 convertible
United Corp
:
May 27..
82% Apr 22
1,900
39
42%
110
„
Corp—_10
;AA 9
1,600
1,400
15%
89%
United Carbon Co
3% May 15
47% May 20
13"
4% Feb 26
11
59
15.
25
United-Carr Fastener Corp—No par
United Cig-Whelan Stores com—30c
5
19%
20%
25% Jan
16% Jan
,
55 ?' Jan
11
Feb
29
/A; 4% May 15'/.
T
No par
42%
*109
4%%
cumulative preferred—100
United Biscuit Co
No par
United Board & Carton
34% May 24
May 10
series
of. California
United Aircraft Corp common
5%
convertible preferred;
United Air Lines Inc common
A: 15% Jan ;■ 2
33% May 21
5
Mar
40
/ Jan
V, 106
5% May
40%
Jan
Feb
19% Feb
Dec,
%'.%37
46
23% Oct
Dec
13%
A Jan
59% July
24% Jan
.
May
-
3
Jan
43%
Dec
171
29
;
3.
May
>86
22
■27% Feb 20
53 % Mar
12% May
V
A
V
41%
19% Apr
2
90 V2 Mar 22
19 •• Jan 22
11% Mar 16
A
v
Dec
95
6
8
$3.50
4%.
30% May 19
110% Jun
3
12
39%
10%
58%
■
Pacific RR Co common—100
non-cum preferred
100
Union
.
15
38%
No par
Union Oil
9
77'/a Jan
series
Union
2
14% Jun
Feb
4'/a
10
$3,70
Preferred
r
11%
58
15
par
May 15
105% Jun
41% Jun
11
57%
.
No par
Preferred
90
Jan, 24
34% Jun 11
190
26
105% Jan
Nov
:
A
Dec
v
22% Feb
8%
12% May
91
31% Jan
10'/4
Jan
"15%
Feb
Dec
35
/
May
May
44%
20
6
11J '."
19
967/a Mar 18
83
Dec
33
Jan
Jan
Bag & Paper-
Union Carbide & Carbon new_No
par
Un El Co of Mo
pfd $4.50 ser__No
7
21% Feb
1
No par
Union Asbestos & Rubber
Co—
_5
Union
8
Jun
33%
Dec
i^5%:
Jun
98
Feb
V
2% Dec
41 A'-Dec; A
5 %
110
120%
18% Sep
3%
2
9
86
Sep
28% Apr
Apr
'24% Nov5
-
Udyiite Corp (The)
Underwood, Corp
-
9
Feb
152
110
Dec
Dec
75
42% Juri
38%
Dec
"A 151/1
'V
11
25%
V
2
11
15% May 19
39% May 26
Jan
Dec
111
Jan
'Jun
59
91
Dec
/ May
A>
*
121
106
Jun
1*
27
Nov
102
t
27% Feb
Sep
164%
16% May
"A
30
Mar 16
9% Mar 16
115 >" Mar
91 %
85
A
45
40% May 17
i105
i
9% Apr
Feb
15%
25 %
.•;
5%
25
5%
100
24%
19
100
32%
31%
32%
25%
*24%
25%
24%
24%
500
20 %
20%
20%
20%
20%
20%
800
19
18%
18%
*18%
27% .-.27%
27%
5%
•
5,400
*24%
;'
20%
5%""
100
•
6
19
27%
6%
*18%
27
€
27 V*
6
32
27
6
27
6
100
1,200
2,200
56
60 V*
59%
60%
61%
61%
X58%
59%
84
84%
83
83
83%
84
,83%
84
83%
83%
20%
20%
20%
630
21%
21%
22
21%
22
21%
21%
6,900
61
61%
10,900
STOCK
RECORD
Saturday
YORK
NEW
Monday
LOW AND
STOCKS
Range for Previous
9 per
9 per than
»■
Dec
112%
Not
121% Jan
103%
Dec
Dec
15
103% Mar 29
112%
106%
114
117% Jun
XI13% Apr
Jan
116% Aug
113
Jun
106
Jun
Oct
50% Jun
14
38% Feb
Jan
100% Feb
6% May
38% May
4
May
9% May
Jan
10%
Dec
32%
26%
Deo
Dec
90
14% May
22% Mar 12
Mar
64
Mar
7
May
6
36
36% May 21
11
28% Feb
Feb
42%
65
10% May 18
7% Mar 17
Dec
9%
2
46% May 20
14
34% Feb
75% Jan
9
Jun
110
25
6% Jan
2
72% Jan
5
26%
Sep
18% Feb
11
27% May
38 %
Oct
32% Feb
13
38% Jun
31
Dec
25% Feb
11
33% Jun
Dec
105
Aug
85% Feb
11
106% July
91% Feb
11
101% Jun
Jan
29% Feb
16
40% Jun
9
Jun
11
88
94%
Dec
30
Not
26
May
Dec
82%
62% Mar
31
May
90
Dec
26% May
19% May
9% May
July
84
29% May
5% May
65
Westvaco
97% Jun
85
Dec
Jan
5
80
102% July
76
50
7
34% Feb
Dec
43%
95% Apr 23
11
Jan
5
111
Jun
10
11
Oct
37
Mar 16
52
Jun
101% Mar
83
Mar 18
92
Jan
23
Feb
27% Jan
17%
Feb
Feb
6
$4
107 %
112
112
*112
113
112%
113
*105%
106
106
106
107%
17%
17%
49%
49%
*106%
100
5
pa*
£.-'%
42%
42%
13%
64%
Oct
Mar
51
17
Oct
12% Feb
99
Jan
81% Mar 25
Dec
16
Jun
21
Jan
8
19
Mar 30
15
Nov
20
88% Jan
Dec
Oct
10
18
Jun
10
Mar 19
xl38
Jan
13
Feb
.
15
126
Dec
28
Feb
43% Feb 11
37% May 27
48% Jun 11
25% May 15
May
63
70
Deo
83
Dec
Dec
63
61
Not
•
May
i
Feb
5
Apr
74% May
Feb
94%
100
80
,
81
58
Feb
:
Feb
5
5
Jan
60% Mar 19
70% Mar
8
Mar
V
9
67% Jan 13 '
11% May 18
25%
25%
24 %
25%
23%
24%
12,000
38%'
38%
38%
38%
7,700
32 %
38%
33%
93
93
38%
32%
33 %
32%
33%
94%
94%
94%
93
93%
100%
*100%
101%
100%
39%
14% May
6% Jun
•Bid
and
25
10%
asked
15% Feb 21
65% Feb
14% Mar 16
11
86% Jun
27
xl9% May 27
47
97
97i
110
48%
48%
89%
*88%
*26%
26%
x23
23%
20%
19%
104
104
*100
*29
29%
23%
16
Jan
prices;
11%
11%
11%
64%
*63%
64%
*63%
16%
16%
16%
87%
*86%.
87%
87%
87%
16%
16%
16%
16%
17%
16
*86%
16
16
17%
17%
17%
*130
134
17%
700
11,200
18
134
*130
134
*130
200
; 16%
23%
23%
24%
23%
24%
24
78
77
77%
77
77%
77%
2.500
77 %..
93
86%
*80%
No par
87%
89
♦80
84
33%
33%
-1
14%
14%
ts Towne
Corn
4%%
common
9%
10
X32%
Exchange Closed
22%
83%
19%
'
26%
26%
:/
*5%
34%
3,900
15%
15%
5,200
*45%
22%
22%
■.:••••"
200
47
2.500
86%
19.900
19%
84%
22%
4,300
83%
84%
84
85%
19%
V
25%
5%
5%
a Deferred
-x
■
19% -
19%
19%
-x-
27
27
27
27%
27%
27%
5%
5%
57/s
5%
5%
5% .V
5%
'
delivery. - r Cash sale, s Special Sales, wd
V19
2,900
3,900
*
When distributed, x Ex-divldend.
Exchange
of
Salet
Bondt
2,000
$1,000
15,000
277,855
312,000
$30,000
26,000
$46,000
5,000
"343,000
366,890
200,000
85,000
298.000
457,790
13,000
Wednesday
388,350
V 190,000
44,000
7,000
241,000
27,000
13,000
237,000
$212,000
$84,000
$1,592,000
Thursday
408,555
Friday
1,899,440
Total.
$27,722,700
149,938,260
$96,500
$1,296,000
1947
$1,330,500
Jan. 1 to June 11
1947
1948
36,758,812
36,817,466 V
1,899,440
1,611,725
$1,296,000
Stocks—No. of shares-
115,656,566
$426,500
4,560,400
197,000
1948
.1947
1948
1947
$397,000
Week Ended June 11
Jan. 1 to June 11
Week Ended June 11
Total
$473,000
6,366,000
$16,000
Bondt (Par Value)
Foreign
Foreign
Government
Corporate
Exchange Closed •
Tuesday.
7,306,500
30,000
Domettie
Saturday
Monday
4,808,200
$82,000
Stockt
Share)
Week Ended June 11,1948
5,441,000
$16,000
33%
15%
46%
21%
22%
?.
—
7,541,720
34
15%
.
(Number
39,000
$1,907,700
34
*45%
15%
Bond
Government"
$3,801,000
300,000
2,800
46%
Total
United Statet
$11,000
v
10%
Transactions at the New York Curb
Exchange
Bonds
Bonds
10%
Daily, Weekly and Yearly
Bank
Foreign
10%
34
19
10.
10%
20
):
W
25%
(IEx $40 liquidating dividend paid May
1,000
15%
80%
.
66%
33
18%
••
66 %
♦45%
80%
18%
66 %
15
22
79%
66
66
46
21%
550
79%
10%
21%
400
79%
10%
46%
6,800
.24%
81%
10%
21%
,
91%
91%
81%
*65%
33
'
16,400
*79
91
*79
14%
i'
x36
92
65%
45%
Jfo par
1
Corp
65
65%
90%
89%
82
*45%
cum
345,500
$2,114,000
$26,664,000
Bonds
Bondt
16%
13
77
.85
6,021,000
Total
16%
17%
23%
Mfg Os.
6,921,000
*
16%
89
22%
1948
Foreign
*86%
77%
Tale
1,521,400
Railroad & Industrial—:
86%
22%
425,200
„•
xS6%
134
♦130
134
9,700
16%
No par
9%
4,381,000
:
17
17%
700
64
16%
16%"'
36%
365,000
0.8. Government--
12
.
48%-
•t
1,874.910
1,695,080
International Bank
38,500
11%
63%
16%
36%
$472,000
BtOCks—No. of shares
11%
11%
63%
16%
65%
5,065,000
-
6,100
47%
Int'l
$25,717,000
16%
*62%
Jtopar
$3,329,000
7,541,720
16%
10%
62%
16%
Aeronautical
Wrlgley (Wm) Jr (Del).
Wyandotte Worsted Oo_
931,230
Total
16%
36%
Wright
1,519,100
Wednesday
Thursday
Friday
16%
47%
Jin receivership.
—
300
16%
47%
Railroad
L
„
30%
10%
Daily, Weekly and Yearly
Saturday..
Monday
Tuesday
*29 %
36%
Products
Bonds
30%
48%
Radio Corp
Shares
*29%
16%
16%
29%
15%
11
500
29%
29%
15%'
62%
19,300
105
*102
105%
220
21
20%
20%
20%
105
105
105
.
47%
Transactions at the New York Stock
Week Ended June 11,1948
2,200
23%
36
Zonite
and Miscel.
300
23%
26%
47%
Zenith
Number of
26%
89
23%
35%
6% May 19
Stocks,
.*26
23%
88
47%
27% May 18
sales on this day.
88%
35%
11
no
87%
26%
21%
20%
21%
105
8,700
52
23%
23%
40
,
50%
26%
*26
390
,
,
,
89%
88%
89%
26%
23%
97%
111
51%
50%
51%
50%
3,800
50
48
*94
111
111
*108%
111
*108
50%
.
35%
5% Mar 16
19% Feb
97%
47
96%
111
1,800
43
97%
47
96%
i.-,,
July
47
47
96
290
600
40%
*40 %
40%
47%
preferred-No pax
Young Spring St Wlrs.
Youngstown Sheet St Tube—No par
Youngstown Steel Door
No par
Oct
40
47%
May 25
22% Jun
9
Oct
40%
39%
*109
100%
100%
100%
40
40
41,500
101% 101%
'
35
York
Feb
800
70
25
47
16% May 24
.
1,000
70
32%
•130
34% Jan
83
72
92%
It
——10
Co
Iron
10% Feb
23%
71%
32%
CLOSED
27% Feb 21
21%
72%
37%
19
Feb
May
*71%
24
26%
Jan
16
2,700
72
37%
88%
16%
14% May
63% May
33%
33%
71
23%
45
48
33 %
92%
47%
10% May
37% Dec
38% Mar 13
9,900
33
70
'
33% Aug
50% Mar
13%
32 %
110
Feb
2
13%
33%
32%
96
18%
27
14%
33
32%
32%
pfd 4%% aeries
100
Prior pfd 4%% conv series.—10o
,
4
84% May 21
13%
33
32
EXCHANGE
2,800
14%
*32%
33%
STOCK
2,400
34
13%
13%
33
31%
9%
42%
S%
42
42
42
20
110
110
9%
£%
42%
42
42
13
.
9%
9
110
*109%
110
110
'*
46
100
(new)
Woolworth (F W) Co
Worthlngton P & M (Del)—
Woodward
May 17
94
16
1,400
100%
f
preferred
6%
50
92%
Prior
35
x49 %
31%
20
Common
81% Feb
19
Dec
31%
43
NOV
145% May
20% Apr 14
16%
136
50%
37%
Motsrs s— ,
.1
A
Ms par
Wilson St Co Inc com
No par
$4.25 preferred
No par
Wilson-Jones Co
It
Wisconsin El Pwr Co oommon—it
17% May 17
11
10% May
68%
50
33%
$4-50 conv pfd series
65% May 15
9
4.400
50%
24%
23%
Willys-Overland
May 27
12
6% Mar 17
Feb
18
50%
31%
'
6% May
81% Sep
17%
32%
*67
1
Co
OH
Wilcox
17%
8%
41%
32%
Machine com
1
preference
No par
preference
17%
12%
*30%
par
17%
32
12%
100
100
17%
111%
8%
100
320
107%
*106
107%
*106
210
112
112
113
112%
,
190
107
*106
106%
110
117%
117%
117%
106%
13,300
18
114
50%
50
*110 *
*8%
114
Sharet
thare
17%
*112%
18%
17%
17
111%
*110
100
1
10
Sewing
conv
Prior
9
17% May 14
11
Feb
9
12% Dec
White
May 16
29% Jun
106%
100
Co
Motor
White
9
21% Jun
107
27% Feb 26
Feb
34
11
27
Feb
90
108%
preferred
fie L Erie Ry com
100
Wheeling Steel Corp com
No par
$5 conv prior pref
No par
White Dental Mfg (The S 8)
20
24% May 26
Feb
9% Feb
19
29% Feb
90
*107%
No par
No par
$3.75
7
20
117%
107
Wheeling
11
5
Feb
53%
34
*112%
117 %
107
Chlorine Prod—
Common
,
113%
117
100
A
100
Teleg class A-Nopar
Westlnghouse Air Brake
No par
Westlnghouse Electric com
12%
3%% cum pfd series A
100
3.80% cum pfd series B,
100
Weston Elec Instrument
12.50
9
May
17
113%
117%
117%
117%
Western Union
9
22% May
114%
•113
116%
series
Preferred
15
May 19
26
18
18%
Sales fer
the Week
J per
t per thare
17%
100
4.20%
18% May 18
16% Apr 20
47
113
113%
4%% pfd
preferred series B_
West Va Coal & Coke
West Va Pulp & Paper com—No
4% % preferred
Western Air Lines Inc
Western Auto Supply Co
Western Maryland Ry com.
4% non-cum 2nd pfd.
Western Pacific RR com
No
9
Dec
113%
West Penn Power
9
9
32% Map
105
6%
108% Jan 23
11
Jun
106
JNo pa*
.
t perthare
17%
17%
17%
preferred
preferred
7%
1
105% Feb
(The)
Co
Elec
Penn
17%
June 10
June 9
9 per thare
9 perthare
than
Fridsy
June 11
Thursday
Wednesday
June 8
__No par
Class A
4
Jun
104% Mar 16
117% Mar
West
18% May 15
13
9 par
Par
/'•
HIGH SALE PRICES
Tuesday
June 7
June 5
than
f per
thare
13% Feb
100
Highest
Lowest
Highest
Lowest
9 per thara
YORK STOCK
EXCHANGE
NEW
Range since Jam 1
Tear 1947
Monday, June 14, 1948
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2596)
28
82,000
1,907,700
25,717,000
1,145,500
14,323,500
44,172,580
485,244,100
$15,565,500
$532,980,180
$474,542,100
4,734.000
$31,389,000
2,934,000
22,000
1,073,000
240,000
$1,592,000
$2,311,000
$32,471,000
$34,563,000
212,000
i
438,920,100
$27,722,700
175,000
84,000
Domestic
3,137,000
34
.
Foreign government-
291~500
Foreign corporate
Total.
Stock and Bond Averages
Below
listed
on
the daily closing averages
are
of representative stocks and
the New York Stock Exchange as
bonds
compiled by Dow, Jones & Co.
>•
Bonds—
-8tock»-
10
10
30
Indus-
trials
Date—
20
Rail¬
roads
Total
Second
10
Indus-
Grade
Grade
Utill-
tles
Btocka
trials
Rails
Rail*
ties
Honda
II
UtO-
Total
65
10
First
40
Closed
•Closed
June
5;
June
7
190.13
59.51
35.30
69.70
101.64
106.21
91.81
103.55
100.80
8—
192.16
60.99
35.49
70.65
101.73
106.13
92.40
103.66
100.98
June
9
192.56
61.25
35.79
70.91
101.84
106.24
92.73
103.69
101.13
June
192.50
61.85
35.95
71.14
101.88
106.48
92.63
103.70
101.18
192.96*
61.64
35.98
71.18
101.83
106.18
92.72
103.59
101.08
June
10-—1
June
11——
:
•
.f'1.
Number 4707
Volume 167
the
commercial
Bond Record
The italic
"and
are
and when
Interest"—except for Income
outside of the
letters
in
the
regular weekly
range
and
are
column headed "Interest
shown in
weekly
-
defaulted bonds.
Cash
and deferred
footnote in the week in
a
Indicate
Period"
financial chronicle
(2597)
New York Stock
«»
friday
NOTICE—Prices
the week,
&
in
each
.
yearly
-
delivery
Exchange
sales
are disregarded In the week's rang*, unless they are the
only transactions
which they occur.
No account is taken of sucn sales in computing the range for the year.
when the bonds mature.
of
<
the month
case
,
Figures after decimal point represent
GOVERNMENT BONDS
Year 1947
Range since Jan. 1
Highest
Lowest
NEW
100.4
Dec
108.21
Feb
105.28 Mar 10
Sep
112.6
Feb
107.20 Mar 104
108.28 May 17
108.13 July
106.13
July
108.16
Deo
114.8
May
Law
point.
a
Feb
104.24 July
Sep
104.23
101.27
Dec
104.18
2
101.11 Jan
104.24 July
104.14
102.22 Feb
7
102.22 Feb
101.11 Jan
7
Feb
100.24 Marl3
Apr
100.25
iian
7
Low
Low
High
SALS PRICES
Thursday
June 9
High'
-
Low
Friday
June 10
Low
High
103.13
*103.i0
103.12
•103.10
103.12
*103.9
103.11
♦103.9
106.5
*106.2
106.4'
*106.2
106.4
*106.2
106.4
*106.1
STOCK
*109.12
109.16
♦109.10
109.14
*109.10
109.14
109.12
♦107.6
109.10
105-1
*104.31
105.1
*104.31
105.1
*104.31
105.1
♦104.30
105
*110
110.4
♦109.30
110.2
*109.30 110.2
*109.30
110.2
♦1Q9.28
110
1958-1963
•110.14
110.18
*110.12
110.16
*110.12
110.16
•110.12
110.16
♦110.10
110.14
1960-1905
*110.26
110.30
*110.24
EXCHANGE *104.31
CLOSED
110.28
*110.24
110.28
*110.24
110.28
*110.20
1948
•100.14
100.16
*100.14
100.16
*100.14
100.16
*100.13
100.15
♦100.13
100.15
1949-1953
*102.11
102.13
*102.10
102.12
♦102.10
102.12
*102.9
102.11
*102.9
102.11
1950-1952
*103.12
103.14
*103.11
103.13
*103.11
103.13
*103.10
103.12
*103.10
103.12
1952-1954
*103.20
103.22
*103.20
103.22
*103.20
103.22
*103.21
103.23
♦103.20 103.22
1956-1958
•104.23
104.25
*104.22
104.24
*104.22
104.24
*104.21
104.23
*104.16
104.18
—1962-1967
♦102.10
102.12
♦102.10
102.12
*102.10
102.12
*102.6
102.8
*102.2
102.4
1963-1968
•101.27
101.29
♦101.27
101.29
*101.27
101.29
*101.23
101.25
*101.19
101.21
1964-1969
•101.15
101.17
*101.15
101.17
*101.15
101.17
*101.11
101.13
*101.8
101.10
21/28-.
2%s__.
—
2%s—
2'As__,
2%s—
...
2%S
-
2%s„.
2'As-.
<#>
106.3
*109.8
the Weak
•
103.11
*106.3
1956-1959
2%s__.
■alaa fat
June 11
Law--'- High
High
*103.11
1951-195*
Treasury
High
HIGH
Wednesday
■
June 8
1649-1952)
—1955-1960
2%s
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
2
Tuesday
June 7
1951-19511
3s
2%s
Treasury 2%s
May
104.12
104.12 Feb
of
Monday
Jane 5
Treasury 2%s—
114.8
Dec
S2d
more
Saturday
STOCK
3%s
Treasury
Treasury
Treasury
Treasury
105.28 Mar 10
111.23
108.16
YORK
EXCHANGE
Highest
-
Feb
106.0
104.29 Sep
or
LOW AND
Range for Previous
Lowest
one
-Jun
110.24
\
100.23 Jan
101.20
Deo
104.4
101.24
Dec
104.10 May
Jan
101.24
Dec
104.15
Apr
101
Dec
103.20
Apr
100.8
105.17
Jun
105.17
Jun
100.7
Dec
103.19
28
100.26 Apr
2
May~19
101.12 Jun
Mar 12
102.26 May 25
100.27 May 21
102.26 May 25
100.8
100.23 Jun
101.7
Apr
101.7
Deo
105.18 Sep
Sep
102.24 May
100
100
Deo
102.24 May
100
6
1
10
_
102.6
Jan
102.12
Apr
102.12
101.12
Dec
102.6
Apr
102.23
Dec
102.25
Apr
103.1
Dec
Jan
101.28 July
103.4
100.2
May
Feb
3
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
11
1
101.23
100.30
101.2
16
.
Jan
101.8
Apr
Oct
100.20
101.14 Apr
Apr
♦101.13
101.15
*101.9
101.11
*101.6
101.8
*101.11
101.13
*101. 11
101.13
*101.11
101.13
*101.7
101.9
*101.4
101 6
•101.9
101.11
*101 9
101.11
*101.9
101.11
*101.5
101.7
*101.2
*100.26
100.28
*100. 25
100.27
*100.25
100.27
♦100.22
100.24
*100.19
100.21
1967- 1972
•102.27
102.29
*102 26
102.28
*102.26
102.28
*102.23
102.25
*102.17
102.19
1967- 1972
*100.26
100.28
*100 25
100.27
*100.25
100.27
100.23
100.23
100.18
100.18
1951- 1953
*104.1
104.3
♦104 .1
104.3
*104.1
104.3
*104
104.2
*104
104.2
1952- 1955
*102.22
102.24
*102 .22
102.24
*102.22
102.24
*102.23
102.25
*102.22
102.24
1954- 1958
*105.26
105.30
*105 .24
105.28
♦105.24
105.28
*105.24
105.28
*105.20
105.24
1956- 1959
•103.6
103.8
•103 .5
103.7
*103.5
103.7
♦103.4
103.6
*102.31
103.1
Jun
1959-1962
*100.18
100.20
*100.18
100.20
*100.17
100.19
*100.15
100.17
*100.10
1966- 1971
-Jun
1967- 1972
-Sep
-Deo
2%s
101.4
11,000
100.12
Dec
1959-1962
*100.13
100.20
*100.18
100.20
*100.17
100.19
*100.15
100.17
*100.10
100.12
2s
—Dec
1948-1950
*100.19
100.21
*109.18
100.20
*100.18
100.20
*100.18
100.20
♦100.18
100.20
2s
—Jun
1949-1951
*100.27
100.29
*100.27
100.29
•100.27
100.29
*100.27
100.29
*100.27
2%s
100.29
1949-1951
•101.
101.2
*101
101.2
*101
101.2
*101
101.2
*101
101.2
1949-1951
♦101.5
101.7
*105.5
101.7
♦101.5
101.7
*101.5
101.7
*101.5
101.7
2s
Mar 1950-1952
*101.9
101.il
*101.9
101.11
*101.9
101.11
*101.9
101.11
*101.6
101.10
Treasury 2s
Treasury 2s
Treasury 2s
Treasury 2s
Treasury 2s
—Sep 1950-1952
*101.17
101.19
*101.17
101.19
♦101.17
101.19
*101.16
101.18
*101.15
101.17
1951-1953
•101.26
101.28
♦101.26
101.28
♦101.26
101.28
*101.26
101.28
*101.25
101.27
1951-1955
*101.25
101.27
♦101.25
101.27
*101.25
101.27
*101.26
101.28
*101.26
Treasury
101.26 May 18
101.15 May 11
100.10 Apr
101.15
Sep
14
101.28
—Jun
1952-1954
*101.29
101.31
*101.28
101.30
*101.28
101.30
*101.28
101.30
*101.27
101.29
—Dec
1952-1954
*101.30
102
*101.29
101.31
*101.29
101.31
*101.29
101.31
*101.28
101.30
1953-1955
Treasury 2s
Treasury l%s
Treasury iyas
—
100.16 Apr 14
•ior. 13
Dec
_
101.15 May 11
101.15
•101.13
1965- 1970
2s
101.13 Mar 22
July
102.4
1964- 1969
2s
—
Apr
103.2
2
—
Apr
102.30
Mar
100.4
Apr
101.20
4
101.10 Apr
May
July
Mar
-Dec
Treasury 2'As
Treasury 2l/2S
Treasury 2%s
Treasury 2Vis
Treasury 2%s
Treasury 2V2S
Treasury 2%s
Treasury 2'As
Treasury ,2%s
Treasury 2 %s
*104.6
104.10
*104.4
104.8
•104.4
104.8
*104.4
104.8
*104.2
100" 19
*100.16
.1948
*100
1950
—
*100
•100
♦100
•100.17
100.19
♦100.16
100.18
*100.17
104.6
*100
100.16
100.18
International Bank for
100.16
5,000
Reconstruction & Development
05
Deo
102
July
94.10 Jan
15
98.30 May 17
05
Deo
103.4
July
94.14 Jan
15
99.30 May 17
No sales transacted this day.
asked price.
and
•Bid
10-year 2%s
25-year 3s
a Odd
Friday
York
New
Stock
Last
Period
Excbanga
lot transaction,
Bale Price
or
York
98.20
98.18
98.18
•98.14
98.20
98.18
98.18
98.10
98.10
40,000
•99.12
99.19
99.16
99.16
99.16
99.16
99.16
99.16
99.8
99.8
42,000
Registered bond transaction.
Friday
Bonds
Friday's
Bid A Asked
Low
New
r
♦98.14
1972
Week's Range
Interest
BONDS
,
-1957
Range Sines
Sold
High
No.
j
January 1
,Low
New York
*
Internal
BONDS
i
i
:•
Stock
Exchange
Bain Prion
Week's Range
Last
Period
'
/
or
Friday's
Low
High
City
Bonds
Bid A Asked
Bold
Rangn Slnsn
January 1
No.
105
105
50
100%
107
103IS
High
Low
High
107
•
f '
•
No.
14_—.
J-D
*53
51'A
No.
15
J-D
*58
52
60
Series
No.
16—
58
51%
60
Series
No.
17—
J-D
J-D
Series
No.
3Vis
>
Series
3Vis
:
106
Series
Series
No.
19—'———
3Vis
J-D
3Vis
3%s
'r
Issue—
Corporate Stock—___—— .1980
Registered
2%
3Via
3%s
Transit Unification
Series
No.
20_
3Vis
Series
No.
23—
Series
No.
27—
3%s
Series
No.
28
No.
Telephone
Members New York Stock Exchange
120
'
(City)
s
f 5s
1957
1958
1950
iAGtd sink
AGtd
Akershus
lAChile
fund
6s
1947
F-A
*61
fund
sink
6s
1948
A-O
62
1968
M-S
*70
1945
J.J
(King of Norway)
iAAntioqula
(Dept)
lAExternal
4s
coll 7s A
60'A
62
60
80
64
65
92%
35'A
4
31%
40'A
34
35'A
11
31%
40
33'A
35'A
3
31
40
J-J
1945
J-J
lAExternal
series D
1945
J-J
1st series
31%
1957
35
35'A
5
31%
38'A
A-0
34
35%
13
31'A
40'A
31%
40%
73
99
97
102
AExternal
s
AExternal
f
sec
AExternal
f
7s
7s
7s
f
s
35'A
35'A
33
35'A
8
f 7s 3rd series—1957
A-O
31%
35'A
11
(City) external 5s
1958
(Commonw'lth) 5s of '25-1955
10-year 3'As
1956
10-year 3'As
1957
20-year 3Vis
1967
20-year 3'As
1966
.
J-D
88'A
89%
7
<
sec
s
A Antwerp
Australia
15-year 3%s
Belgium external
J-J
100%
F-A
100
101
91%
47
87'A
;
93
90%
90%
91
25
87%
92%
87
87'A
13
85
89'A
86'A
87
9
85%
92
85%
87
17
83'A
F- A
1949
M-S
101% 101%
87
4
99'A
s
f
6s
1955
J-J
108
External
f
12
7s
108'A
1955
106%
J-D
lll'A lll'A
3
107%
(U
8 of)
external
8s
Stamped pursuant to Plan A
(Int reduced to 3.5%)
AExternal
f
s
6'As of
1941
J-D
54
54
54
J-D
*42
(Int reduced
AExternal
s
to 3.375%)
*53
72
(Central
\
6%
62%
•
Ry)
1979
A-O
41
41
37%
1957
1927
—
*53
58
—
60%
A-O
42
40
42
32
37%
to
3.5%)
54
54
15
54
funding bonds of
1931
9
38
49
37%
49%
49
48%
98'A
5
94%
101%
97%
97%
2
94
1
99
102,*
101%
104'A
104'A 104%
53
103%
20
103%
105
1942
*38
M-N
25%
39%
*26 %
M-N
„
1960
A-O
27
A-O
26%
F-A
27
25%
♦26'A
26%
F-A
J-J
25'A
26%
J-J
25%
22%
18%
26
4
19%
27
18'A
26%
27
26%
v itoH
26'A
19%
—
.48
1963
M-N
1963
M-N
Bank
6'As
A 6s
--40
6s
sink
fund
J-D
1961
.1961
fund
J-D
J-D
1961
Munic
7s~—
A7s assented
Ry)
5s
26
11
25 %
25%
\
...
J-D
~
A-0
—
r44
due„1951
(Int reduced to 3.375%)
1979
External $ bonds of 1944 (Plan B) —
3%s Series No. 1
41%
41%
J-D
60
60
Series
No.
2
J-D
*55
11
-10
~9
58
3Vis
Series
No.
3
J-D
58
58
58%
3Vis
Series
No.
4
J-D
58%
58
58%
3Vis
Series
No.
5
J-D
—
57%
2
;
■
—
61
46%
61
40
51
61
57%
10
48
60%
.
3Vis
Series
No.
6
J-D
57
57%
22
52
63
3Vis
Series
No.
7
J-D
57
57
1
57
3Vis
Series
No.
8
57
59%
6
54
No.
64%
53
65
57%
65
3Vis
Series
9
J-D
3Vis
Series
No.
10
J-D
3Vis
Series
No.
11
J-D
57
3Vis
Series
No.
12
Series
No.
13
J-D
For footnotes see page 33.
57%
*53
60
58
'
20
59
1
'
49%
60
58
J-D
3Vis
*53
57%
■
58
1
48
58%
59
59
5
58%
59
23%
18
25%
26
25%
47
18%
A-O
26'A
26'A
1
19%
A-O
25%
25%
9
18
25%
19
23%
18
25%
-
>
Af-N
v
M-N
*26'A
25%
25 %
M-S
25'A
J-D
*5
25%
10
25'A
1
*26'A
M-S
1951
18
7%
FIRM TRADING MARKETS
r.arl marks & CO- inc.
foreign securities specialists
50 Broad
26%
20%
25%
62%
J-D
26
23 %
18%
20
*
foreign securities
%%
26
22%
19%
21%
26 %
For Financial Institution*
i
26%
23 %
18%
22%
61
1978
18%
25%
1962
-I960
12
*26'A
1960
;
(Hukuang
25%
26%
25%
1962
6s
26
*26 »A
J-D
1961
assented
AChinese
1957
1957
6%s
25%
26%
20%
.26%
*26
26%
26%
18'A
20%
—
*26'A
26
39%
19
18
26
*26'A
A-0
assented
•;
105
104 y2 104%
A-0
sink
*
60
59,.
104'A
J-J
1962
fund
y*
J-J
61
40%
Stamped pursuant to Plan A
3'As
97%
100% 100%
"97%
F-A
J-D
61'A
r46
48
52%
A6s assented
AExternal sinking fund 6s
6s
49%
J-D
2
3
62%
1979
58%
58
.
26'A
AGuaranteed
>
58%
49%
A-O
Stamped pursuant to Plan A
(Int reduced
49%
50 :
—
1952
f 6'As of
Stamped pursuant to Plan A
(Int reduced to 3.375%)
A7s
37%
46
A-0
Stamped pursuant to Plan A
60
54%
58
25'A
AGuaranteed
t
62
55
54%
J-D
M-S
Mortgage
60
1
3
A-O
Jan 1961
:
fund
A6s assented
50'A
58
% e58'A
M-S
AChllean Cons
1978
1957
1926
11
e58
Feb 1961
A6%s assented
114%
lABrazil
58
J-D
Jan 1961
A6Vis assented
109
s
J-D
Sep 1961
1962
sinking
ASlnking
External
60%
48
—Sep 1961
AChlle
91'A
104%
61
50
60
A 6s assented
AExternal sinking fund 6s
A 6s
87
54%
58
Feb 1961
6s
assented
A6s
5&%
*53
1960
fund
assented
AExtl
V
58%
60
*58
M-S
.
1942
sinking fund 6s
sinking
A6s
J-D
J-D
f 7s
s
ARy external s f 6s
J-D
1962
6'As
184
90%
91%
External
A6s assented
AExtl
40'A
A-0
2d series—1957
s
8s
assented
AExternal
65'A
35'A
1945
fAExternal s f 7s series C
v
(Rep)
5A7s
f 7s series B
s
(City)
60%
1960
3'As
A Carlsbad
60
47%
■/:
1961
1954
4s
(Dominion of)
25-year
Municipal
Agricultural Mtge Bank (Colombia)—
51%
51%
59
J-D
y" ;
Sinking fund gold 5s
Sinking fund gold 6s
NY 1-1693
Canada
Foreign Govt. &
*
f/'v
30
Brisbane
T eletype
Broadway, New York
:
29
No.
57'A
60
♦55
J-D
26——
Series
*53
♦58 V2
J-D
24——
25
No.
Series
60
J-D
No.
No.
Series
3Vis
60%
60
52f
J-D
-
Series
3%s
Wertheim & Co.
47%
44
.
J-D
——
3%s
*
REctor 2-2300
—
3%s
1
58
60
J-D
22——
3Via
:
•';*> J
V
21
3%s
j
:•;/-;.7 p
No.
No.
■"» 3Vis Series
Foreign Securities
•£
Series
Series
58
58
*55
J-D
3Vis
>
*53
58
J-D
^
60 %
*53
J-D
18
58
St., New York 4, n. y.
Telephone HAnover 2-0050
Teletype NT 1-971
'
17%
26%
26%
25%
29
WEEK ENDED JUNE
FOR
RANGE
RECORD
BOND
YORK
NEW
Monday, June 14, 1948
CHRONICLE
& FINANCIAL
COMMERCIAL
THE
(2598)
11
Friday
Friday
,,
Interest
BONDS
Last
Bid 4c Asked
Low
ASS of
1927
of
A-O
1947
1946
lASinking fund 7s of 1927——1947 1
Copenhagen (City) 5s
1952
25-year gold 4%s
—1953
Cuba
4%8 external debt
Sinking fund 5'/2S
!
J-D
:>'
:/
gold 5'/2 s
External gold 4 Vis
54%
86
74%
A-O
10
35
14
68
1 95
' 33
59
1
74%
V
'
extl
Irish Free State
38
1967
1949
J-J
*5
M-S
*101%
F-A
-
6%
y
A
100
J-J
18%
'
96%
38
17
17
J-J
.77 \ 16%
J-J
25%
J-D
1951
7s__1957
1954
3
1
*77'
.28 Vs« •-
,12
*
1943
Nov 5, 1942, agree_1968
extl 5s of 1899 £__1945
20%
v-4.
33
"5
p
AAss'td to Nov. 5,
f 6Vis
s
ASec external
-
'
'
fund
extl
J-J
*13^.
A-O
'
*24%
i
'r
1956
_1965
(State of)
(Int reduced to
and
debs.
75%
76
•
75
73
■.
75
72
-
72
*70%
A-O
77%
f
100 Vt
93
44
82
94
97%
41
86
98
40%
1963
J-D
7s
1947
•.M-S
24
66%
y.
69
.J-D
f 6s 2d ser
1961
J-0
gold 6s
1940
u '
-
•
102
7
-
•••/'• ivi
16%
.
,
•7 15%
14%
17%
16%7i
A-O
{
14%
17%
63
•
,7^J»7*.."7'<J7X'','
*9
•
..
156
17
■
15%.
...
..A-Q
17
7.23
481
45 %
1968
gold 8s
7*7%
A-O
: .J-J
J-J
i
1961 "
J-D
:
2001
J-J
(Int reduced to 2.25%)
i ARlo de Janeiro (City of) 8s
■
■■
/■>■»
.r-:,..
r7
*7%
'
7/
•
*31
loan
A-O
2001
(State of)—
2012'
1946
fund
23
23
26
33
30-
34%
-
29%
-•v
>-A
.
'
"i
.29%
23,17....
22%
:
J—
>-0
1999
*34
A-O
1968
gold
(Int reduced to 2%)
loan
of
'
■"
J-D
26
—
;
26
/
to
i,
...
/;
35
■
26%
32%
to
2012"
J-D
1966 /
37%
26
27%
27
3
31
J-D
22
22,
2.25%)
I
"3-D
1952
8s
1952
II——
J-J
M-N
v,
■
:1967
1955
5s• series AC—
2001
v>A-0
"J-J r
M-N
.
1954
-
Stamped pursuant to Plan A
(Int reduced to 2.5%)
Stamped pursuant to Plan A
(Int reduced to 2.5%)
2012
M-N
-*
~
Stamped pursuant to Plan A
(Int reduced to 2.25%)
39
%32 A
Power
1st
M-N
JL-0
J-D
M-N
A-O
3s__—„1976
7
1936
;'
18
31
33%
36%
25
26%
31
22
27
A
26%
26%
*29
23
23
23
7'3%s debs
(1947\issue)___—7——1960
A Cent Branch U P
1999
J-J
J-J
1999
29%
29%
29
38
36%
46
27
M-S
*29%
40
38
34
J-J
40
F-A;;
-
Stamped pursuant to Plan A
'
•
F-A
M-N
A-O
A-O
Nov 1945
§ AConsol gold 5s
:
__1945
ARef & gen 5%s series B—L,__1959
A Ref & gen 5s series C
1959
AChatt Div pur money gold 4s__1951
§ A Mobile Div 1st gold 5s_i—l__1946
SACentral of N J gen gold 5s_.—.1987
2004
J-J
26
34%
34%
0
26
34
32
26
J-J
41
J-D
J-J
A-O
J-J
1987
Q-J
s
Central
2012
A-O
*25% >35%
25%
A-O
*86%
83 %
89
A5s
35%
90
Illinois
Light 3%s
registered
1966
•
—1987
A4s
registered
———1987 i
Central New York Power 3s——1974
Central Pacific 1st ref gtd gold 4s_1949
;
1st & ref series A
/
?
.: r;•;'7
(4y4% to Aug 1 1949)
.1974
1st mtge 3%s ser B
—
1968
JACentral RR & Banking Co V
5s stamp
(partial redemption)—1942
Champion Paper & Fibre deb 3s
,1965
AGeneral
7
,
1978
A-O
73
76
67
73
,
1962
M-N
extl
—1962
M-N
extl
-
(Kingdom)—
external
of)
Sydney County Council 3Vis
For footnotes see page
5%
:
5%
33.
4s
J-D
12
J-D
7
1957
J-J
5%
2
4%
7%
5%
•
.
1958
1958
7s
97%
27
96
99%.
29
96
y» 100
90
•:
94%
*88
100
•
y
—
*83%
90%
85%
84%
85%
57 y
55%:--- 57%>.- ;
44
72%
-
85%."
50
•,
67
7*102%
60%
91
10
92.-
;
95% 100
68%*;
59
100%
~9'.
102
7 88%
'
96
V
107
105
3'
'•
105%-105%
93%
y
86%
'
93%
93
j:
7
f- 72
63%
67%
-109% 102
!
99:
•
-
25
100
100
27
-.
.'.,92-r.
99--99X-J
68%
«
102%
101
*102
5%
32
3%
7«/«
12
-
-,
,
1
12
7
7
t
..
90
1
~
13%
■•>7
9 y4
5
85
*
99
103%
3
99%
102 V»
14
100%
104
102%
*100
,
'
l,
102-
105% 106%
106%
4s—
J-J
J
90%
Q-J
A-O
F-A
114%
19
108 Vi
109%
2
108%
109%
113% 113yn
1
111%
113%
112%
112% 112%
22
110%
112%"
107
107
107 y4
16
106%
107%
95%
134
82%
108%
93%
94 V's
'
;j
<t
100
*—
AfzA'y
*80
90
-'-v.
83 y2
83
84
70%
69% :71'/. 7.;.
13
11%
M-N
J-J
■
'
63 y8
84
112
39%
73 y8
,v7.: '• '*(
.
6%
6%
■
101
13
82
52
*32
:7
T
80%
*78
v"/
jjL-a.'^ '
78%
777 27:.; '7
13 Va
12%
12%
*
—
143
V
:.V
34%/-
18%
107
7*107%
14%
14%
79
32%
107%
69%
59%
69%
921
37%
61% ;//; 59%
53%
59%
67%
911
35%
67%
59%
426 7
32%
59%
'
69%
-7
7
7i,v-7', ^
*50
*
102%
103%
AzAi
101%
96V2
104 Ve 104
7'
*
y8
38
39%
99%
99 %
50
97%
,V'o :/
*102
*
7- - '
39 'A
■32%
102%
102% 102 it
7
7'<:
12
:7"i*
•102% 103%
"
102%
7'. ':
-
,
100
7 99
}yk? 7:7
100
.
103%
100%
37
*100
;
1—
67%
58>/2
74'Va
■-
102% 103% 7/
102%
97%
108 y*
107
7'/5
107% 103'A
V F-A
F-A
106%
111%
" 114'A
103 % 108%
108% 108%
114
J-D
1st gold 4s—__1948
tCentral of Georgia Ry—
§Alst mtge 5s_
39
38
38
1940
assented
123
94%
f
v
'
(Prov
100 V*
119
.
'
7s
sec
100%
99-%
-
96%
96 v*:
88 %
118
99 Vir 100v
-y;//;
J-J
Guaranteed: gold 5s/_—c—_i_Oct 1969
A-O
Guaranteed gold 5s-^——
l__1970
- F-A
V Guaranteed -gold . 4%s—1
1955
1 J-D
Guaranteed gold 4%s__i,_i.L___l956
_ F-A
Guaranteed gold'4%sj_j._—;!____1951 "•M-S V
Can Pac Ry 4% deb stk perpetual—
- J-J
Carolina Clinchfield & Ohio 4s
,.1965
M-S
Carthage & Adironack Ry—
- ■
1st mtge gtd 4s.
,11981
- J-D
Celanese Corp 3s debs—,7——,1965
- -A-O
Celotex Corp 3%s debs—;
—I960
F-A
27
7
"Z~2 1
—1974
Canadian '-National:,Ry~ c.^v!::;'''.:';:7;.■.,■',7'
Guaranteed *.goldV4%8_—
,—1957 r~
25
.
1968
dollar loan
Stamped pursuant to Plan A
(IntYeduced to 2%)
B
99%
99%
A-O
Bldgs15s;gtd_^r__L-___1960 j'
86
.
'
96%
*96
J-J
1955
58-_^_—^__
80%
88%
78
v
96.
121% 121%
121%
J-J
1956
loan_
& Slovenes
96
M-N
i
29
25%
25%
M-N
1950
external
secured
94»/2
94%
*99% —
F-A
F-A
M-S"
J-J
.
Canada Southern cons gtd 5s A_,_1962 •'
26%
24%
'7
■..
*35
M-N
1957
Stamped pursuant to Plan A
(Int reduced to 2 %)
fASan Paulo (State) 8s
(Int reduced to 3.5%)
77%
M-S
M-N
f
modified (interest at
1
1947) due——1957
1st: 4sU-!^_i.!L__j,l952
California Elec
Stamped pursuant to Plan A
(Int reduced to 2.375%)
A6Vis extl secured s f__:
f
5
v
Calif Oregon. Power 3%s_i
'
:J/
*24
y,i
M-N
water
84%
91%
,
7;'77>;
34
25
*22%
7
/
2004
6 Vis
(City of)
84%
M-N
Teiminal:
Bush TernL
24 ' 7 '
yil(V#A
2.25%)
7
77 22
M-N
2004
1926
'
A-O
ASao Paulo (City)
>
(Ernesto ) CO 7sj
27%
34%
—
__
7s 196V stmp pursuant to Plan A
reduced
Steel' Corp—
Consolidated
w
■
.17
7:
26
Stamoed pursuant to Plan A
reduced
1st
2%s debs—.1961
Loan
:3%- to May 1
Stamped pursuant to Plan A
external
Indus
Stamped
27%
24%
70%
A-O
A-O
Bush
•23
F-A
23
1
—
37
.
3%s_—1951
Extension
Creek
,
(Int reduced to 2.5%)—_
sink
>. 7
J
80%
95%
Telephone of Pa 5s series C„1960
A Breda
J|g
'
'
79%
54%
81%
■?Vfi
3-3
J-J
Bklyn Union El 1st gold 5s_—,_^—1950'
Bklyn Union Gas: 4s debentures—!1969 ': r
T Geri. mtge
2y8S__^-.-^.___1976
Buffalo Niagara El'.1st mtge 2%s__1975
Buffalo -Rochester* & Pgh Ry^-
33
27
'':
13
ZA<CZ
Stamped pursuant to Plan A
external
-
90%
:
1921—
of
'
7-'.'.
A-O
.•
1953
Stamped pursuant to Plan A
(Int reduced to 2%)
Rio Grande do Sul
7
.J-J *
•
6Vis
sec
30
~
90%
.19
9%
6%
33
//—,,y
•■"■•:•
7*"^
*23
•
v
7
■
7/7.-; 7'
: 90%
- ~
—1951
—
i
13
7
8%-
a
1946
(Int reduced to 2.375%)
J-J
7 slst mtge;4s
9%
5%
7
-8%'
*11
'■
«...
"
2006
Stamped pursuant to Plan A
4sstamped
::67%77S%:
84%
J-J
fxd & l'%% coht Int)—1980
Toledo Cincinnati division
7 1st lien, & ref M 4s Iser D^_„1985
,
•
80%
M-N
;
pjlst mtgei 4%s sefies JJ—;___:!1961
serie8i:RR7L/^._!i_:!7l960
iAInc mtge 4%s;; ser; A_^____jaiy 1970
9%
17
17
"
7%
8Ya
JL950
_
May
•; 1st mtge 5s series"
m.
«%
-9%.-
*17.
1963
8s
3-D
/
Pgh Lake Erie & West Var-J
Ref 4s series A.'—1980,
B'western tdiv 1st mtge 5ser A
>! 1st.mtge
■
v/ff
70
77%.
-
Feb 1 2010
income
f jCons mtge ;2%s ser I———1970
y :. Coh8 ' mtge '2%s-ser-J,_
,——1976
Boston & Maine RR-,"- ■
27
14%
70 %
57
53%.
Bethlehem
22
1
15%..15% >
70%
57%
69
75%
Beneficial
19
22%-'
22%
-
.
58%
57
69%
51
Bell
32
Ac
70
: 67%
67%
53
Beech
108
32
:~;y-
-
70%
67%
77%
J-„_,w,-.-,due Dec 11995
conv
Bangor & Aroostook RR
- ^
,-Con, tref'"4s^i__.!!_i^l_!___,_-.>;__1951 "
93
80%
95
68%
69
*
M-S
>
'M
95
80%
.
37
7-\s,-y
_A-0
1958
—1947
7s
-'
7 68%
;
93
-
69%.
.
M-S
73 t? 92
"9
•
106
..
contingent interest)— "
V-
92
95%
J-D
.
67%. 93%
1
.97%
(2% fixed
-
1960
f
68%
■
102..,
*102
;..i
!;
>
•
ser
loan s
46
77%
*84 Ve
mm—.
.M-S
5%
—due Mar 1 2000
L
MS
s
97%
94%
75 :
,22
7-
*84
/M-N
1994
(Int reduced to 2.375%)
A4Vi8
97%
92%
92%
A-O
int)—July 1975
contingent
Series
!
7Vis 1966 stmp pursuant to Plan A
ASilesia
26%
10
104%
25 -
Iff
100
100
A-O
r
80%.
74
Stamped pursue t to Plan A
series
15%
101
G_.^,,,,-i-r'due Dec 11995
25 '
95%
F-A
•
1967'
1st
89%
-;~
'
A8s
i' 1
23%
'fixed
(4
Series K___
33
79
.J-D
A4 Vis assented
A7s
105
7 98 %
,7/ Series M
due Mar 1 1996
-Ref & gen mtge 67^ (2%-% tixed
and 3% fo contingent interest)—
32
22%
1%
Series
r
92
*90
.M-S
APorto Alegre (City of)
Serbs Croats
104
103%
21
23%
36
J-J
:_1966
%
52
10434
36%
103 %
36%
•
123 y8
106% 112%
31
7104% 105
104%
J-D
100
115%
*103% 105%
M-S
1964
5%; ser
.and 3%
7
24%
80
1955
A4Vis assented
s
1963
4s ser ,A-!„-«i,!i_July 1975
mtge
Ref & gen mtge
13%
29
*22%
M-S
1959
AExternal sink fund
IA Secured
121% 122%:
111% 112%
July 1952
4s
cons
2%s
Refining
1st mtge
31
19%
A-O
2008
(Rep of)
A6s extl
122
112%:
7,51
i 81
96
M-N
M-N
102%
77
;
A-O
—1995
Line Ry—
J-J
9%
30%
23
A-O
A4Vis assented
AStabilization
extl
102%
100%
96%
96%
.96%
J-J
.1st
'
A7s
A-O
4s!U—^!!!_July 11995
Charlotte Air
82
*79%
Baltimore & Ohio RR—
7%
30
23
M-N
2.125%)
ANat loan exil
A8s
101 /
/,
-
117 h
.
mortgage-4s-;!,——1—1948
Second
'
external 7s
(Rep of)
ANat loan excl S f 6s
-
99%
116%
B
18
39
,_1970
Stamped pursuant to Plan A
A Rome
9iy2
106 %
/
67
97
90 %
42
•/;
1087/8
7
S :377 7"
102% 102%//
93%
101%
22
7; 115% 116%
102
102%
98y2
85%
v.
325'
-7/
97%
92j/2
r
56
7'
103%
90%
-
£0
,
108 Vt 108%
Q-J
1966
Santa Fe—
mortgage 3%s_T—
Atlantic
12%'
28%
1957
ref 3Vis series B
fAPernambuco
116%
J-D
1995
Co 5s—
W Products
General unified 4%s A
13
*
v«
»
MS
1963
(Republic)—
r
Stamped assented 5s
Stamp mod 3 Vis ext to
(Int
102% 7.
A4VaS
A
(Int
102%
A-O
;■
*13
MS
loan_„
Panama
A7s
A-O
Atlantic Coast 1st
6V4
6%*
J-J
1957
Municipal Bank extl s f 5s
(City) sink fund 4 Vis
A6s
99 V\
J-D
15%
*
12 Vi'
__
MS
external
extl
97
98%
53
a
r
78
85%
156^
93%-
92%
92%
108%
16
#
*9%
J-J
2008
(Kingdom) 33/4S
4Vis
fund 4y,s—,
f
IA8s
96'A
99 %
felt
r-.
10%
72
■5
7
MS
Oslo
*,
96%
J-D
1st
<7%
'
16
7 :
■
1959
sink
AExternal
A-O
2%s
2%s
-97% 796'%
7
99
75
7%
14%
*10
2008
f 6Vis
s
Norway (Kingdom of)
lAPoland
7
J-J
1958
Stamped pursuant to Plan A
(Int reduced to 2.125%)
A
1*
*5
J-J
1952
Stamped pursuant to rian A
(Int reduced to 2.12)%)
APeru
J-J
(State)—
ASec external
sec
1986
conv debentures—
—1961
debentures—
1982
debentures^—-—-,——__ 1987
conv debentures.——
—
1957
37
31»/a'
7%
14
14%
J-D
1942, agree_1963
6Vis_
(City of)
s
J
98
Atlantic & Danville Ry 1st 4s———1948
*13
J-J
1954
Ass'td to Nov. 5, 1942, agree_1968
I AAssenting 4s of 1910—
1945
Ass'td to Nov. 5, 1942, agree_1963
lATreasury 6s of 1913 assent
1933
3Vis
■
96%
Atlanta &
9
7%
-7%
Q-J
1899
1945
1942, agree_1963
Ass'td to Nov. 5,
4s sink
97%
■
A-O
34
♦5
J-J
AAssenting 4s of 1904
External
96%
'
23
95%
85
94%
•
Q-J
IA Assenting 5s of
Netherlands
73
94%
F-A
Stamped
27%
>«*7.-y
M-N
76%
95%
debentures!—--^,,^,,4.-1976
19%
18%
9%
33
:
78
M-S
5
100
82
•
7.
-2%s
Atchison Topeka &
General 4s_l—
Irrigation—
Geraes
99
debentures
107%
97
86 V%
J-D
28
104%"
*99 y2
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,99
A P
31
2
:7.-
7
100%
♦107
J-J
M-S
Ann; Arbor' 1st gold 4s——July
'
2
25%
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i<
J-D
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Ext
r.V.-
*
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50 77
17%>-
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mtge
3s 'debenturss,!^!!!—
22
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;
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7
i.
5
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14
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■"
11
7
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A-O
/
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7
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100
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A Milan
1972
2%s
'■ 78
50
;7.
V;77l7!
•*.
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*V
Mlnas
3 Vis
.
*
19%
18%
::
1977
Altaly (Kingdom of) 7s~_
AJugloslavia (State Mtge Bk)
Medellin (Colombia) 6 Vis
'
1st
y
1%
SW
5
6% '
•Vi'
J-J
Utility1% to 3%
(US)
Power
2 %s
100
v
27%
25
V;:-:
104% 104 Vt
9%
6%*
2
7%
6%
100
1977
AExternal 7s
Ass'td to
M-N
.'ioi
101
: *56
>
1947
B
Credit Institute
i A Mexico
1967
Amer Tobacco Co deb 3s————1962
41
'
:
to 3%—
1%
*25 %
3%s
Co 7s
Electric
2%s
—
7%
-•
83
19%
A-O
Southern
20
_1952
Public Works
Public
M-N
1977
(Republic) extl s f l-3s
Italian Credit Consortium for
series
A-O
1960
'
f 5s_,
s
7;-7' V-rt/.;
M-N
:
7,
29
1952
Great
'
Italian
Mexican
68
'*
58
44% * 48%
42 1
1964
1968
1960
90
:/7,
7
7-77 7
F-A
—1958
—
AVis-Chalmers Mfg 2s
49%
Greek Government—
92
70
7
7.7 /
15
:
r
debs——__1956
American Airlines 3s debs__,_____1966
Amer & Foreign Pow deb 5s_
2030
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2%s debentures—,,——
1980
82
*40
A 68 part paid
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*9
I,
■
Susquehanna RR 4%s__1975
Alleghany & Western 1st gtd 4s__1998
*46%
part paid—
F-A
z.':1
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:
0 A-O
Albany &
90
64%
61
69
67
80
:10
Alabama
70
86V4
73%
...
69 *
,
54%
85%
__
J-J
J-J
.
75
Alabama
A Adriatic
J-J
7s
J-J
70
85
76
81%
HOVa
110
J-J
Republic extl 7s
Italian
60
Jan 1,1976
(Republic of)
81
86%
78
6
*'
77.
110%
__
*„
Jan 1, 1976
—Jan 1, 1976
3s extl s f
F-A
73
!«;•'
12
76
118
108 Vi
75
76
70
121
7'7".r-/y
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of)—
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t
3 Vis extl s f $
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112
—
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A Warsaw
101%
v'-k-—
■
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is ■;/
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100
'
extl readjustment-,.:,
>._1984
Provinces 7s__—1952
3 Vis
---.J:.-;'J
118
121
76%
J-D
__'
117
—
*■
'
High
Low
No.
__
74%
76%
M-N
3%-4%-4 ^s extl conv—„1978
4-4%-4%s extl readjustment
1978
,7;
53
*68%
F-A
A 7s
53%
79
,13%
__
*
A-O
A-O
French
'77/7
—
1952
1942
1955
1962
A Estonia
*110'/a
89
Stamped assented (int reduced
to 6%)
extended to—;
1960
s
115
*113
'
J-J
82
102%
101 Vi
*100
■
__
44
58
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F-A
*69%
IA Denmark 20-year extl 6s__
Salvador
.
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v
V,
.
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M-N
readjustment.-!——1979
conversion
.
1979
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44
42%
14
/ V
12
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4s extl
67 Vi
.
17
■
(Rep of) 8s ser A_1951
ACzechoslovakia
El
•
M-S
1953
_
17
41%
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*120
M-N
sink
42
•41%
■
—
72 Vi
.
sold
'
fund 6s———1960
AExternal sink fund 6s„
._1964
3%-4-4VaS ($ bond of 1937)—
45
■
67
67 *
7;/
75
38
__
71%
72
M-N
70
61
*38
M-N
—1949
1977
External loan 4'/2 s
21
:
«
High
Low
Range Since
January 1
Bond*
r
Bid A Asked
*110
F-A
1946
(Republic) extl 8s
AExternal
73%
s-'—
*38
J-D
—1951
(Republic of) 5s of 1914
1949
■__
70
* 41 Vi
__
F- A
7s
of)
(Rep
'7
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*
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A';
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*70
»v
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1970
fAColombia Mtge Bank 6V2S
v
lASinking fund 7s of 1926
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75
71
39 Vi
'■ii
J-J
Jan 1961
f $ bonds
70»/4
A-0
Oct 1961
1928
A 6s
3s external s
'
Period
Friday'*
;
Sale Price
-
High
Low
No.
IA Uruguay
of)—
(Republic
Colombia
bold
<
High
-
or
Last
,
Stock Exchange
York
New
Interest
v.
BONDS
Range Since
January 1
Bonds
Friday's
or
"
Sale Price
Period
Exchange
York Stock
New
Week's Range
f Az
7
7
5
1
-7
v
102
104%
29%
39%
96
99%
Volume 167
Number 4707
;
THE
COMMERCIAL
NEW
&
YORK
BOND
range for week ended
Friday
BONDS
New
York
Stock
Interest
-
Exchange
or
Sale Price
Chesapeake
General
Ry-r- •..•A'XAX
Ohio
&
gold
2d
consol
M-S
A
1996
,,1989
4s
&
ref
4 %s
1st
&
ref
mtge
1st
&
ref
Chicago
1st
/
B
>
mtge
mtge
inc
3%s
A 1st mtge
5s_
conv
B__
ser
Milw
1st
&
St
mtge
Gen
,1997
Paul
&
ser
Chicago &
inc
76
77
mtge
3s
B,__
ser
1st mtge 4s
mtge
Pacific Ry—
4%s
conv
Firestone Tire & Rub 3s deb
1961-
1974
A 1st & ref 5s series A^.
90
66%
55%
63%
111-
A
120 I
65%'
35
53
54%
22
39%
2
88%
15
99%
105%
71 %
:;:;55 .1; 58Va
54'/8
*::
64%
*91
General
65% X 74%
,
53%
A4s
58%
96
:"C|
series
85%
177 v
58%
.
89
51
86%
*104V2
67%
;
i 92
F__„,,_
183
71%
Gen
"
->
Cine Gas & Elec
■Cincinnati
1st mtge 2%s
Union
1st mtge
r
Ref &
...
Cin
t,
series
Div* 1st
4s
"
&
Cleve
.106%
Line
1—,n_llll982
1st
10
97
77%
-.4'."'
1950
9
105%
105 % 105%
103% 104%
26
Gas
&
Elec
r
'
3%s debs__,197T
debentures
*
55%
"
__
,4-0
V
1
Cigar
107%
' F-A
107
'-.A*
AAdJ
.
Corp 3l/4S_____1965
Illinois Bell
101%
mtge 2%s
ser
B
1977
mtge 2%s
ser
C__
1972
&
,1972
,^'_,-„__^1963
1st
mtge 27/8s
Balcing 3s debs____i__-l965
Crucible Steel 1st mtge 3%s
^,1966
§ACuba
Northern
ADeposit
ACuba RR
Ry
"
'
1975
Continental
1st 5%s
'
^,,1952
~
receipts
A7%s
ser
A
M-N
j-d
X
.
W—'
deposit rcts__'______1946
81'/2
95%
-
1st
1st
58%
5s
A
"3
11
j-j
93
68%
79
6
92 %
99'/a
110
56 3A
66%
933/4
66 %
98 /
96%
.\A
■
J-D
■
V'X
94
A-O
A'i? 243/4
1981
gold 4s„
107
101%
J-J:A;
63
•
.
A 24%
98%
,*93
J-D
■
—
40
J-J
;
40
Xi■■■■;;■A
98%
99%
*101
♦lOO'/e 101%
m-s ?.
a-o
103
103%
36
36
:
—
'
"
35
.
•
,98
96
101%
■
A 100'/a
88V: ;
Registered ' S.
Cent and
Joint
17
84
.
35%
35
,
2
•
*
5
89
107
104 %
■■
Morris
&
1st
*
Essex
Tr
Coll
Delaware
.
99%
1951
j-j
*100%
3%s-^1951
j-j
4-6s
Power
.A,,...
division
Ref
F-A
1%
&
contingent
1st
ref -5s
&
series
Imp 2%s
;
A---
Income .mtge
F-A
*100%.
fixed"
37%
■d',
A 1st
34%
37
A
A 1st gold
:
1963
j-d
100%
1963
j-d
93'%
;_^l963
j-d
ser
C
883/4
209
100%
93%
57
86%
88 V*
8
77
100
100%
10
95
101
j-j
101
101
1
100
102
j-d
1950
*
-
^
98% 100%
A 91'/4
♦86%
j-j
1970
81'A
93%
88'A
~:
,,,1986
RR^
90
85%
85%
—
;
64%
62%
64%
92
a-o
39%
30
39%
196.
1956
j-j
62
59
^_-_1958
j-j
A 62
59
j-j
:__1952
Adjustment- 6s series A___July 1952
5s
series
B
;
5s series C_L„z
§ A Internet Hydro-Elec deb 6s__^,_1944
Int Rys Cent Abler 1st 5s B
,1972
'• vi'-;
K-* *
James Frank! & Clear ISt 4&
•i
»
643A
■
20
39%
;
A
a-o
'62%
48 3A
62
67
50
623%
63
62%
M-N
29
62%
58
60
101
101%
*95
633/4
102
^,1959
j-d
78%
Jf-fl
98%
a-o
Kansas
1973
A
-
&
ref 3s
Gen
&
ref
J-J
80
,
A
,11993
1966
Apr
V
■
J-J
66%
82%
M-S
108% 109
108
110%
j-d
103% 104 %
102%
6
753A
<
:
83'
;
953/4
98%
t
m-s
Detroit & Mack 1st lien gold 4s„_1995
J-D
; ASecond gold. 4b
Detroit Term & Tunnel
J-D
Det Tol & Irohton
Chemical
4'/2s
1961
RR 2%s ser B__1976
2.35s
debsl__i.__„_1961
t§ ADul So Shore & Atl gold 5s
Duquesne Light Co 2%s__J_A
,,1937
1977
unguaranteed
98%
j-j ;
f-a
96
73%
,1956
M-N
Ed El 111
,1995
J-J
Paso
&
1st
cons
East Ry
gold 5s
3y»s__„_T1970
& S'western 1st 5s
5s stamped
70
"
V
106% 106%
For footnotes see page
33.
102% 104
*97
j-j
j-j
98
j-j
{AKreuger & Toll 5s ctfs
!.«(-
104
,•
44
97
■
„
2
33
•-A 1%
96 3A
110%
1
"
98
103
9
.
102 % 103%
98
102%
if-a
1959
1
♦175
A-O
A-O
•'
98% X/X
*112% 113
j-j
—1997.
KoppersCo 1st mtge 3s_w„-™—1.1964
'50
""
98
100%
97% 100'A
"A,
50
1961
109
_
100
*114
98»%
102%
112Y8
97%
169
1'%
99%
114%
50
98 3/4
112%
98
176
103%
1
1
1%
98
67
102
109%
A 98%
v>
47
96
106%
83
83
,
81
84%
98%
96%
98%
38
48
47%
100% 100%
M-S
-A
♦112%
*_r, "
*105
98% 100%
A-O
*106% 110
_,1965
A-O
*103
105
:
110
112%
156%
156%
102
156%
'A
1965
:
-
11 ";
•
68% ; .73%
58 % "63
*65%
M-S
J-J,,
98%
73%
-
M-N
East Tenn Va & Ga Div 1st 5s
(NY)
104
a-o
j-j
1961
i'Kings County El L & P '6s
94%
1
••102'A 102'/4
1961.
£,
Laclede Gas Light 4%s cdnv debs__1963
Lake Sh &
Mich Sou gold
3%s
3'/2s registered
Lautaro
a
Nitratp Co Ltd—
>
1st mtge income reg_^__
105
101%
106%
100
105%
Lehigh Valley Coal Co—
5s stamped w,
6s stamped >,
—
5s stamped
•
A
1997
—11997
Lehigh Coal & Navigation Co—
S F mtge 3%s ser A
Elgin Joliet
102'%-
a-o
—i__,r1975'
A AA
100% 100%
a-o
104%
1982
* iqqs
;
''
30
98 Vz
*95
j-d
City Terminal Ry 23As,„_1974
Stamped
i Plain' ,X„
A 4'/2s
t
series I^_.
1st mtge 4s ser
Kansas
series H____™_—1970
2%s
;
gold 4s__l990
Ry 1st 3s—1950;
/Kentucky Central gold 4's,_,,'
JL987.
^Kentucky & Indiana Term 4%s—1,961
'
int>__^
1st gtd
City Power & Light 2%s_,1976
Kansas City Southern
" ?
(3% •'fixed.
V
*
Kanawha & Mich
2042
♦*
•
52%
62
A
Jersey Central Pow & Lt 27As_i^, 1976
*
Detroit Edison" 3 %8? series 'G,,,
Gen
A
101
.
int)ii£i____„1993
1%- contingent
—
El
101
—
"
333/4
A
<
1
102 3/8
•
L
1
L™
A 1st 68 series A
36%
1977
mtge ser A
'
Dow
101%
102
*102% 105
11
contiiigent-int) __L^ij^£l,,j2018
^'•AADenver & Salt Lake—1
r
100
*99
1993
1
mtge & coll tr SVaS,,,-
A Income
•
100
97
—
1951
{International Great Northern
♦:
■
-
1013A
97
5
2
99'%
•
:_May
Light 3s
1st mtge Ser A '(3 %
-
99 y4
*97% 100'%
^
Denver & Rio Grande West RR—
.
893A
100
1st & rel,M 5s ser .C,ii,r,,^l973
Alncpme mtge due
,
div
108%
104%
95%
101% 101%
Indianapolis Union Ry Co—
extendedr__1963
Delaware, Lack & West RR Co—
Y 'Lack' Aj Western
i
97
F-a
Illinois Terminal Ry 4s ser A
»Indiana 111 & Iowa 1st gold 4s
Delaware & Hudson 4s
N
"
1023/4
77
"62
j-j
;
•
102%
18
89
V
101%
98%
107%
88
j-j
Chic St L & N O—
1st ref mtge 4s ser D
32%
1
107%
1951
1st & ref 4'/2s series Cl
*
42%
•
m-n
1043/4 r
98
95
1951-
1st gold' 4s
(
103'%
A';Av^:fAA -A •'Al--'AAA
111
55%
37%
36
25
*100
1st gold
A—
'
04
A 80%
104'% 104%
*101% 102
102% 102%
j-j
'
35%
J-D
103%
104%
102%
1951
Western Lines
107 %
--
:
36%
.
100
101%
106
m-n
j-j
*104%
Div
-
99%
4
m-n
F-A
3s__
102
—•
77
j-d
1st gold
103'/2
100%
102%
Louisville DiV & Term gold 3'/2s_1953
A,
100
95
102
A-O
1955
gold 4s„;
'
13
£'4%.
.
91
;;X
52%
40
*84
27
1952
4s
4%s
Springfield
96%
iS'.-Ali ■"
99
56%
*55
68
17%
103 % 103%
1950
99
92%
30
573/4
104
25
*
1966
;A:
X A'A\'
,
67
1953
3'/2s__
St Louis Div & Term gold 3s
Gold
3'/2s,„
i
107 3/8
95
13
101
101%
*100 A,,_
'
106%
1,717'.
95
1053A
104'A
643A
j-j
1952
Litchfield Div 1st gold 3s,
104%
98
64
106% 107%
98
88
,6
j-j
:■
1955
lines
Cairo Bridge
11
* A
-
49
1043/8 104%
i. '
64%
Refunding 5s
21
./
96%
943%
'
.1951
gold
trust gold
107%
A'95;r
99
127'%
A
5
■
96%
119'A
2
■
■
97%
93
■.•A'
94
F-A
1951
trust
102 3%
40-year
:
:XA:
127
97
M-N
,195L
Purchased
.1965
-
101 %
94%
127
:
Dayton Pr & Lt 1st mtge 2%s
1975
S
1st mortgage 3s
1978
Dayton Union Ry 3%s ser.B__^1965
debs
11%
17
79
99%
*96
1
j-j
-
2%s
63
6%
24
101%,
*96%
AA
■i---
95%
:
100s/8 102 %
64%
65%
81%
.-
63
99'/s
1957
gold 3s sterling,,,,
Collateral
1
Co
74
91%
12
79
..A;-.
Feb 1957
i-tk'v
&
5
•
67%
101
A;A 79
M-a
•
1951
105
104%
103% 103%
J-D
A6s ser- B deposit rct$ii.,,L,,_,_:1948
Deere
98%
98
82% : 92%
14
♦102%
">
Apr
.
M-N
3'/2s
107
99% 100
103%
107%
AX
j,j
"
:
81%
95%
A„
RR—
1st
Collateral
102
102%
—
98
95%
—
J-D
1st 5s gold,;—
92%
11
"
A-O
1976
Refunding 4s_"
51
98%
_4
"I
*98
M-N
"
mtge 2%s
3'/2S„:
Extended
104 '/a
96%
v;
17
106% 106%
M-S
,1942
1st
4s___,
1st gold
V 107%
]& 100% 106
10
100
j-j
*
receipts
ADeposit
j-j
j-j
■
-
1976
Telep 2%s series A
1st gold
♦
—
104%
98%
J-D
kr i_,
104
—
A-O
ref
series
117H4
88
0\ V'fUt'V1'-*'
1975
1st M 2%s
5s
Illinois Central
*104%
M-S
ref
&
3s
income
A.:A Omaha Div
'
—
A-O
1st
.
—
F-A
&
ref
92 %
Feb
■
2044
1233A
90
98
*65
'
1969
112
110
7
98%
97
97
•"
81%
-—July 2015
101
,21,
-
107%
*109%
j-j
1st
3s conv" debs
;"A
A-O
109%
10
97 3/4
95%
.
18
"4
v:
104%
>
'
F-A
1st
;
•
j-j
-
/'•.
117
106
'
Consolidated Edison of New York—
i;
1st & ref mtge 2%s ser A__
1982
Consumers Power
-
.,,1959
Jan
101
116
117
Feb
B_j.__^X__.
97%
*122%
j-j
.
.,,1961
RR—
series
100%
3'AS /A:-
65%
101% 102
*100%
M-S
1st mtge 3s series L„
,1977
Conn Ry & L 1st & ref
4%s______i95l
Conn River Pwr s f 3%s A
1961
Consolidated
2010
.
86
40
111% 111%
A
j-j
-
-
,
'
_
.
M,: flT04
102% 102%
A-O
1955
Commonwealth Edison Co-^x
103
81%
1
100'/4 100%
j-j
..
t
.
_
86
.
M-S
<■Columbus & H V 1st extl gold 4s__"1948
Columbus & Sou Ohio El 3%s
j.1970
Columbus .& Tol 1st extl
106% 106%
M'tfK
'
1973
__
2000
....
.
Hudson & Manhattan
;
18
104 y3
3%s
j-j
Hocking Valley Ry 1st 4'/2s
,,,1999
iHousehold Finance Corp 2%s,_*— ,il970v
Hudson Coal 1st s f 5s series A
1962
Hudson Co Gas 1st gold 5s__
1949
$ 95 :-;<X 101
•,
A-O s
Columbia
,,1990
inc. 5s ser A
Gulf States Utll
86
j-j
3%s series D
ref
101%
•VV
■•4%F-^amped-modtfied)lli.i^Jll,i980i'
1
ref 4s
*102%
•
j-j
B
Ohio
103%
'x
(i'f-'Jiii
A-O
Ry—*
103
.
105
''
1976
_
Gen mtge inc ._4s ser BA
,
70
^ '6' A'A-1103%
A-O
Colorado Ac 'Southern
ctfs
&
mtge
1st &
;
F-A
•
,
84 Vs- 92
A-O
CA.X-XX.»'--—1977.
*
59%
A.
.■
1
Co—
A„u._,___„1972
B__;
,1973
1st mtge 4%s series
B2
•
"£ 35; ? ;'<A: 68
1st mtge ^%s series
'
66
62
102%
100%
96%
99%
1st mtge 5s
series
*103% 105
j-j
N
ser
Hackensack Water
M-N
4%s____l961
gtd
50'/8
61%
:A
"J-D
Terminals
106%
98 •>:
M-N
Pittsburgh RR—
gtd
,».__,,,1948
Union
105%
102
•'
Mobile
Gen
102%
103
j-j
3 %*
snort
100
J-J
Series D'3%s gtd-__,„^
^
Cleveland
102%
M-N
Bay & West deb ctfs A.
1st &
102'/a 105
J-D
1970
1st-mortgage'3s___
Series C
105
J-J
1991
3s
104
100
61'/8
59
.
—1952
mtge 2%s ser Q._
Debentures
Gulf
J-D
.
St Louis Div 1st coll! trust
4sX_..1990
Cleveland Elec Ilium
Cleveland
106
f
Gen mtge 2'As ser R_^,_.
J-D
B__L__,j___:.__l993
Mich
&
102
61%
J-D
impt 4 %s series'E_,t.,_„_ i9771
Wab
103 »/8 103%
*100% 102%
103%
F-A
*A :~'F-A
—
5s
78%
Terminal—
1st mtge 2%s ser G
i—,,,:.1974; -City Ice & Fuel 2%s debs
1966
City Investing Co 4s debs
,1,1961
f Qleve Cin Chic & St Louis-Ry—
General gold 4s__
,1993
General
—
—
100
j-d
1st mtge 2%s_1965
Co
Greyhound Corp 3s debs
A-O
gtd'3%s series E,,__,_1969
963/4
100
100;
*
Ry Co—
mtge 3'/8s
A Green
>*
-'
1975
Gen
100%
102
101% 101%,
104% 105
M-S
'" '
^'
*•
"
t
„
91
.
105
;
j-j
1962
1st 85 ref 4%s series D
'
100
.
F)
Gen mtge 3%s ser O
Gen mtge 23/4s .ser P
,
J-J
1952
105
100
101
-77%
J-J
4s
conv
96 3A
m-s
1969
General 4%s series D__,^,i.
A
90
(B
5s__ —1949
Corp—
debs
General 5s series C
t
86%
100'>
__
101
J-J
1963
West'n Indiana
86%
'
M-N
—1956
X General 5%'s series B
f
107&
101%
*100
f
J-J
ser G,,i;,^_,i..^l963
££1* &
mtse 2%si
Chic
78
m-s
deposit
Utilities
&
inc
Great Northern
/A-T "
H
Realty
conv
Goodrich
'
;;S
67%
-
3 105% 106%
j-d
of
Gas & Elec of Berg Co cons
175
Chicago Union Station—
1st mtge 3%s
5
65%
■
66
J-D
""
86 3/4
86%
91%
69%
j-n
1—*.i.«—1994
93
81
54%
91%
105% 105%
$
Certificates
Francisco Sugar coll trust 6s
91%
<
Apr
M.,2%-4%s^w,^i^.Jl994
Income 2 % -4 % s_,„
713/4
16
67
3
t
>
t; 1
93
_
^
86%
-*95
m-s
79
j-j
_
__
J-D
•
v
Gold 3%s
1951
Memphis Div 1st gold 4s
1951
Chic Terre Haute & S'eastern
Ry—r.
1st Sa ref
High
86%
'
M-N
1959
11
Apr
Chicago St L & New Orleans 5s___195l
't
97
m-s
.tFlorida East Coast 1st 4'/as
57
.
A__Jan 2019
ser
1971
7,7
87%
Apr
1994
64
86%
m-s
46%
65
m j-j
'<
1953
86%
j-j
71%
20
87%
Apr
*
.2000
mtge 3'As
120
99
66%
y_j
^1989
&
series A
3Vss ser G
mtge 2s ser H
1st
71%
*93
-
j-j
34
152
118%
RR—
H
69%
71%
a-o
^
1990
mtge
Low
100%
87%
j-j
4%s—Jan 1 1999
cons
Ohio Div
'
inc
conv
mtge 3'/8s ser F
1st cons
,
j-j
v
cons
'
No.
<
mtge
93
118%
1956
1994
inc 4%s ser A—Jan 2015
mtge 3'As ser E
1964
J-J
91 '
118%
J-J
•
-
Ranye Since
January 1
Sold
High
112
j-j
A__Jan 1 2019
ser
v,
Bonds
•
Bid & Asked
1
*
14
46%
Friday'*
or
Sale Price
112
109%
/
,
23
99
42%
76 y8
108
j-j
ser
Chicago Rock Island
Gen
' *
99% 100
98 %
M-N
B„,____Jan 1 2044
North Western Ry—
"
mtge
1st
Pac
inc
'
46%
Jan 2003
A__
4s
conv
2nd
100
j-j
Jan 1983
A
ser
50-year 4s
117'/4
29
.
1st
106
7
111'/8
M-N
:
1985
;
A_,
ser
Sou
mtge 4%s
4%s
•
inc
4s
mtge 4%s inc
Chicago Ind
Chic
111%
111
F-A
1st gold 5s
1982
Chicago Gt West 1st 4s series A
1988
AGen inc mtge 41/2s-a_—Jan 1
2038
Chicago Ind & Louisville Ry—
A2d
,111
RR—
Chicago & Erie
,
111%
Co—
1st cons
,110% 110%
—
Railroad
Gen
104%
101%
5
116
111%
F-A
111
100%
,
Last
Period
Stock Exchange
Low
130%
'
Interest
BONDS
York
New
1st
121
4
F-A
1985
Eastern
117 y4
J-J
1977
3%s
11
High
115
12
*__'
mtge 27/8s„,_,__.„.___1970
&
AGen
series
■
,
20
117
j.j
,1958
1st
Low
X','.";
■
103% 104
103%
j.j
Chicago Burlington & Quincy RR—
General
N0»
v,
102 % 103%
F-A
,1989
gold 4s
High
*129% 130
M-N
:
,,1996
gold 4s
Range 8inee
January 1
Sold
Erie
1992
Ref & impt mtge 3%s D
Ref & impt M 3%s series E
R & A Div 1st cons
Bonda
A.;..'
-
4%s__-
RECORD
june
Friday
Friday's
Bid & Asked
Low
*1
(2599)
Week's Range
Last
Period
CHRONICLE
FINANCIAL
<
jf-8
j-d
j-d
108
108
97%
—
"
97%
*90
109
98
97%
20
88'A
95
—
82 %
90
r'
;
:1975
•
;
Dec
A-O
-1970
—
87%
87%
3
833A
92
94
94
3
90
95
'
1954
1964
1974
Lehigh Val Harbor Term gtd 5s—1954
Lehigh Valley Ry Co NY 4x/2s ext_1950
.
»
"
F-A
F-A
F-A
F-A
J-J
95
♦100
97%
94
94
95
84
95-
93
93
93%
10
82 3A
94
66
65
66
20
60
68.
74%
74%
4
67
75
7
(HrM&lit 8lfMJrtOMMft to»rtW. /rtwilA*"^^ '
&
Monday, June 14, 1948
COMMERCIAL & FINANCIAL CHRONICLE
THE
(2600)
BOND
YORK
NEW
RECORD
RANGE FOR WEEK ENDED JUNE
II
Friday
Week's Range
Friday
Intern*
BONDS
Period
Exchange
New York Stock
Last
Low
44
45 Vi
59
71
70
71
11
1952
j-d
1949
Jf-S
A
7s series
Electric
ALombard
Long Island unified 4s
Guaranteed ref gold 4s
A
ref
M
3%s
1st A ref
M
2%s
series O
A
St
Div
Louis
3s
gold
2d
Ref
102
Ref
1
109
110%
A-O
102% 102%
7
101
107% 107%
3
105%
A-O
101
101%
4
Atl Knox A Cine Div 4s
101
A-O
89%
*94%
84
92%
*110% 111%
6
67
74%
97
2
94%
98
86%
86 Vi
M-N
73%
97
j-d
91
65
70
98%
j-j
70
__
*100
*Lo
J-J
77 Vi
102%
96
1st A ref 3s series M.
1979
J-D
66
lst A
ref 3s series N_
1977
101%
96%
96%
98%
I. 98%
98%
15
94%
98%
103% 104%
34
100 %
104%
106% 106
3
102%
106 Vi
104
1
104
104
Paducah
61%
71
1st
& 111
1952
Glass Sand 3%s
1960
Pennsylvania Power a Light Co—
J-D
*103%
1975
A-O
1965
A-0
85%
2,891
30 %
47%
83%
86%
509
71%
86%
M-N
851/2
83%
85%/
72
85%
1st
1949
.1980
Af-N
28%
26
29%
1,419
18%
29%
3s
A-O
86%
83%
86%
189
71%
86
83%
86
;<
166
71%
86
64%
65
I
'
m-s
:
61%
68
104
99%
55'
60%
60
83
81%
83%
39
68%
83%
74%
74
75
64
64%%
88%
75
92%
102%
104%
92%
7
104% 104%
3
92%
A-O
«
Conv
A Income
N
England Tel A Tel 5s A—-—1952
1st gtd 4Vis series B
—1961
fNew Orleans Texas & Mexico Ry—
*98
115%
118%
100
102
17
100
107%
103%
registered ■——Lake Shore coll gold 3Vis
103%;v\;
vmlr; 'X
93
:!
f-a
104
81
/
F-A
92%
;
' :
96
95
95
96'/2
94%
#
:
85
84%
42
21
95
/
107
63
66%
76
/
79
80y8
74%.
i.
84
,82
80
,
50
.
*
I
f-A
79%
88%
76
82%
8
62
69%
1
62
65%
60
57%
66%
63
63
66
\v
.
-66
.
.
*62%
>.
N Y
Connecting RR 2%s
j-d
a-o
ser
B____1975
■;N Y Dock 1st gold 4s
N Y & Harlem gold
3%SX-
—1951
—
Mtge 4s series A
Mtge 4$ series B__
N
Y
Lack
A
West
.1
j-V-. S'
A—
90 u
89
i
100
89
v2
—1973
Af-N
ref mtge 4s ser
A Gen
mtge
conv
A
>2007
inc 4 Vis
ser
A_2022
1st 4s
_
—
11%
52%
Af-N
j-j
f-a
*38
m-n
J-D
&
&
A
2%s
ref 2%s
ref
ref
2%s—
1978
23
F-A
1937
2%s
Ashtabula Ry—
1962
1974
1977
series C
4%s series D_
gen
APittston Co 5%s
inc deb
Potomac Elec
1st mtge
Pwr
1st
1964
3%s„1966
mortgage 3Vis
mortgage 3s
tAProvidence
Terminal 4s
Public Service Elec a Gas 3 Vis
1st & ref
mtge 3s
1st a ref mtge 5s
1st a ref mtge 8s
1977
1983
102
94%
97
/'•
—
101% 103
JM 6
102 '
-X'#'__
',V
/X-
—
F-A
*113
111
109
109Vi
109% 109%
109
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.
95%
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109%
103
84%
109%
88%
—
101%
103%
|
14
H
103
68
•:#
111
102%
103%
i
I
2
3
y
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102% 103
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101
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89
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101
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5
81%
89
16
89
89
__
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6
101
101
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79%
89%
110
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117
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100% 101
j-j
j-j
__
v
;
V
X,
j-j
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1968
1972
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1
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215
215
105
106%
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90
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,
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108
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103
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142
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215
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215
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:
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20
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16
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1
60%
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.
3
97
97
7%
105
3
32
52%
el—
30
40
28%
29
12%
29
*75%
78%
97%
98%
*104% 105%
■
,
■
a Brass 3Vis
Rochester Gas a Elec Corp—
107%
40
52%
Reading Co 1st A ref 3Vis ser
97
"3
S.U,
41
73%
93%
103 Va
77
98%
105
Revere Copper
>
Gen mtge
4%s series D
3%s series H
Gen mtge 3%s series L
Gen mtge 3 Vis series J
tARut-Canadlan 4s stamped
tfARutland RR 4%s stamped
Gen mtge
"
112%
109
.•;!
v
1956
.1964
*
110%
.
101%
*__
—
_
87%
87%
A-0
——
-
—
111
-
105%
102
—
P-A
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100%
96%
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10
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.
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35
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series A
■:
—
101%
11
.
'
99 Vi
1
12%
102
102
■
J-D
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100
97
9
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J-D
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102
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101% 102
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' '
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20
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35
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101% 101%
101%
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98
5
99%
99 Vi
j-j;
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1st
99%
118
110
105%
y
13%
19
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101 Va
91
65
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.
77
106% 106%
•
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1
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65
j-j
f-a
page 33.
r
98%
98%
.
—
!
*
6%
11%
100'A 100%
46%
101
6
a-o
.——1940
6
98%
100%
Co—
Quaker Oats 2%s deb.
52
For footnotes see
72%
31
457/a
Af-S
107% 108
;
60 %
773
72%
43%
f-a
1978
80%
459
80%
70%
101
107%
82%
65%
72%
j-j
,
;
76%
45%
M-S
D———_1982
•
:
75%
May
1937
ser
100
70 Vb
j-j
yy
J-J
.1981
i.-.
100
97
.
.
2
—
Telephone 2%s
100
-
L ~L
176
-
■*
"
■
82%
j-j
Ref mtge 3Vis ser E
$*•&-'■ '<
79%
N Y Steam Corp 1st 3Vis—
1963
IN Y Susquehanna & Western RR—
N Y
XXX
■:
82%
Af-N
—1943
v'y,.
J-J
1961
.1974
&
1st
t
•
115
x:.;:.
F-A
1977
*108%
103%
105
*115% 118
1974
B
4%s series C_
coll tr 4%s_
106
99
22
102 '
101
101%
99 % 100
f
!
.
„
80%
:
j-d
S AGeneral gold 5s
lATerminal 1st gold 5s
100%
\
89%
96%
82%
1954
.—1937
82'%
28
•
75%
AGeneral 4s
—1955
N Y Power & Light 1st mtge 2%s__1975
N Y & Putnam 1st cons gtd 48—1993
N Y State Elec A Gas 23/4S—
1977
list refunding 5s
IA 2d gold 4 Vis
90
75%
June"1992
_
WesTref Ts"
81%
*93% 113
;
t A Harlem River A Port Chester—
JAN Y Ont &
97
.
*96
a-o
1st A
1
91,
31
-
-89%
*101
Af-N
——<—
/
18
■
j-j
*N Y New Haven A Hartford RR—
§ ^Collateral trust 6s_<
——1940
Jf-8
1st gen 5s
2
100%.1007/8
j-j
_2043
series
1980
Pitts Youngstown A
.
T
97
90/90
•
Af-N
-2043
—
i
4s
5%s
Union Ry
68
25%
14%
103
101% 102
>
:/''v 6 :
96 Vi
,
f-a
1973
4Vis series B
v.
i2000
a-o
•
31
—
m-n
64
x
.New York Chicago A St Louis—
1986
21%
.1967
68
;Ix !
82
66%
f-A
1980
21
*104%
ref
'
Ref mtge 3Vis ser E—
1st mtge 3s ser F—.—
88%
59%
F-A
'
f.
#■ 17v:
87%
87
f-a
i
•
.
j-j
j-j
?
70%
157
821:
a-o
1998
78%
Apr
1970
Gen mtge 5s series B
1975
Gen mtge 3%s series E
1975
Plttsb Coke A Chem 1st mtge 3%s_1964
Pittsburgh Consolidation Coal—
3%s debentures
1965
Pittsburgh Steel 1st mtge 4 Vis
1958
Pittsburgh a West Virginia Ry—
1st mtge 4%s series A——
1958
1st mtge 4%s series B
1959
1st mtge 4%s series C
I960
96%
73%
f-A
—
100%
1
1990
1974
series
5s
Gen mtge 5s
97%
68 Va
73%
1998
92%
71%
67%
a-0
—1998
;
97%
A-O
Pgh Cine Chic & St
"•
'
Mich Cent coll gold 3%s___
90%
78%
-
93
•'67%
F-A
1998
80
92%
90'
9iy4
84%
23
•*,
•
■
94
80%
43
'#
92% '93
'■
1997
205
1960
ext
1964
Pittsburg Bessemer A L Erie 27/8S—1996
Pgh cine Chic A St Louis Ry—
Cons gtd 3%s series E
1949
Cons gtd 4s series F
1953
Cons gtd 4s series G
i
1957
Cons gtd 4s series H
1960
Cons gtd 4%s series I
1963
Cons gtd 4%s series J
1964
107%
100%
" x.'i9r
106% 107%
103%
—_——x
3Vi8
103%
99%
J-D
1st
#
N Y Central & Hudson River RRXGeneral mtge 3 Vis———1997
94
10
F
tIAPhllippine Ry 1st s f 4s
ACertmcates
of
deposit
Phillips Petroleum 2%s debs
101
102%
——
.
30
.1971
1st
102%
101
100
a-o
impt 4ViSv«ertes A———2013
impt 5s series C
.2013
3Vis registered
105%
102%
-
3Vis registered
103%
5
*96
a-o
103%
102%
ref 2%s
1st
y;?,
v
ACertificates of deposit—New York Central RR
Co—;"y"vV;"v:; S'+'P
Cons 4s series A
1998
101
1st
98%
'
ACertificates of deposit——
Alst 5Vis series A——^--—..1954
101% 102
102
66
Electric
102%
*
j-j
Alst 4Vis seriesj.D^'s——w—1956
S
100%
17
102
j-j
B—v————1954^
.
2
i 118
j-j
ACertificates of deposit
Alst 5s series C—x-1956x?
102
j-j
94
1st &
RR—
series A—1952
New Orleans Term 1st gtd 4s__
1953
Ref A
118
102
'
Af-S
—1983
111%
A-O
27
65%
Co
101
103% 104
118
;•"
F-a
1974
107%
104%
Ry 3%s ser D
General gold
105
97
100%
a-o
-1980
100 %
101
100%
Af-N
———1982
Ref & Imp 4Vis
Ref A
"5
101
J-D
-
99%
19
87%
Philadelphia
97%
1027/a
*97% 101%
J-D
New
42
110%
87%
Philadelphia
100%
,53
59
Af-N
1954
Light 3s~
99%
104% 105
104%
J-D
—1948
1st 4s_:
99%
99%:
90
91%
84%
8
90
90
J-D
a-o
106%
110
87%
Apr
& Pekin
General
'
117
106
110%
Phila Bait A Wash RR Co-
f-a
National Dairy Products 2%s debs_1970
National Steel Corp 1st mtge 3s—-1965
National Supply 2%s debs—,
1967
116
106%
99%
4s
117
116
J-D
J-J
4s
Pere Marquette
Nashville Chattanooga A St Louis—
1st mtge 3s ser B—————1986
112 '
7
P-A
J-D
A-O
'
Peoria
100 %
1952
1985
& Eastern
Peoria
101%
97%
99%
3%s series
mtge
98%
6
100% 100%
1984
3 Vis
deb
100%
1981
Gen mtge 4Vis series E
Gen
18
1968
B
series D
4%s
103% 103%
__
100% 101
1960
A
u
••
.
106%
1965
4%s
series
series
5s
General
102%
54%
-v:
3s
debentures
f
General
8
:
mtge
s
General 4%s
x
59%
Af-N
1978
Pennsylvania
Pennsylvania RR—
Cons
sinking fund
101%
101% 102%
Mountain States Tel & Tel 2%s_—1986
„
/ 84
*102% 103%
series B—— -1955
,
102%
86%
F-A
49
35%
50
44%
44
44
*104% 105%
39%' 47%
._2000
ACertificates of deposit
Airlines—
.
101% 102%
*101%
A-0
84
M-N
series
104
J-J
Jf-S
Jf-N
86
M-N
5$
Jf-S
1960
471/a
-1955
Alst
5S-1949
Co—
Gtd 4s series E trust ctfs
85 Vi
-1958
New Orleans Great Nor 5s A
New Orleans & Northeastern
1955
4%s
f gold
"•
Pennsylvania
60
N J Junction RR gtd
New Jersey Power A
1978
s
Pennsylvania-Central
3%s conv inc debs
Af-S
96%'
91%
96%
Paterson & Passaic G a E cons
85%
17
,%
99%
103%
69%
67%
10
J-D
84%
71%
98
99%
,*97
A-0
61
47
103
94%
A-0
71%
35
99%
1987
•25
65%' 66%
103
1
1986
Tel 2%s debs.
Tel A
2%s
;3%s
/;Xv8
103%
6'
99%
99%
103%
100
99%
98
98 '
100
.
16
X
103
103
J-D
5
102% 103
J-D
,5
debentures..
Pacific
Af-S
j-d
debentures
96%
1985
79
1981
ANaugatuck RR 1st gold 4s_—
Newark Consol Gas cons 5s
98%
debentures
57%
69%
70 11 '-'71
M-N
3s
1980
ret 2%s series
93%
''
Morrell
debentures
1981
series P.
1st A ref 2%s
.
50%
33
103
X
J-D
90
82% ' 84 % /
f-a
3 Vis
104
21
68%
69
Monongahela Ry 3 Vis series B— -1966
4 Vis
108%
100%
103%
r-a
1st A ref 5s series I
Constr M
107%
103
-1978
Constr M 5s series A
105
93%
J-D
1977 v
gtd 3 Vis
103%
J-D
32
84
66 Vi
n
1974
I
300
69 %
A-O
102
93%
98
104% 105
104%
Electric co—
a
51
77%
V 76%
j-j
*96%
F-A
A-0
16%
10
il
97%
96 %
97%
A-O
98%
102%
*99
M-S
5
15%
15%
J-J
1971
91 X
j-j
Moh'k & Malone 1st gtd gold 4s_. .1991
1st
96%
1st a ref 3s series K
1st a ref 3s series l
87 >
106%
28
1st A ref gold 5s series H__
& Essex
99
95%
■
26
1965
debs
98%
98%
96,
103% 103%
98%
j-j:
____1978
AConv gold 5Vis ser A
Morris
1948
3 %s debentures
X.*
3s
97%
98%
99
*95%
107% 107%
1975
Co
By—
96
1962
5s series A
&
3
39
98%
98%
98%
98%
A-O
102% 103
,
1962
A
A General 4s
(John)
F-A
A-O
.1977
J-D
80
53%
50%
53 Vi
J-D
A Cum adjust 5s series A™.Jan 1967
^Missouri Pacific RR Co—
A
104%
J-D
Missouri-Kansas-Texas RR—
A
100%
49
99 %
1966
'./
65.
*89%
J-J
J-J
5s series G_
100
92%
103% 104
103%
.1975
1st mtge 2%s.
Gas
1st A
4%s inc ser A__..-Jan 1971
A 1st & ref
92
7
1970
;
Marie—
A ref 5s series P
6
99%
1st a ref 3s series j
100%
Af-S
mtge 4s inc ser A—__Jan 1991
Mo Kansas A Texas 1st 4s
1990
A 1st A ref
99%
1st a ref 3%s series
103%
v 7
105%" 105%
Af-S
A Gen
.A 1st
94%
100
101% 101%
,
87%
100%
87%
X
A-O
-
8
100%
99
_1967
40-year 4s series B
Prior lien 4%s series D^_
65%
93
101
%„!_-
Minnesota Mining A Mfg 2%s
Prior lien 5s series
60%
98%
37
*100%
Jf-N
m-s
.1974
2%s
1974
1st mtge 2%s
1975
Oklahoma Gag A Electric 2%a
1975
Oregon-Washington RR 3s ser A—1960
Pacific
m-s
*62 "
1st mtge
99%
:
1
98%
j-j
65%
99%
.
99% 100%
A-O
A-O
.
68 "
67%
65%
99%
1969
-1940
A Sault Ste
101
67
67%
98%
98
IfAMidland of N J 1st ext 5s
St Paul
107%
96%
61%
100%
♦100%
Af-N
—
Minn
99
25
70
94%
*99% 102%
j-d
91%
84%
98%
*~~
Af-N
1972
1966
Metropolitan Edison 1st mtge 27/«s_1974
Metrop Wat Sew A Drain 5%s
1950
Michigan Central—
Jack Lans A Sag 3 Vis.;.:
^1951
1st gold 3%s__—
1952
Ref A impt 4 Vis series C_—
1979
Michigan Cons Gas 1st mtge 3Vis_1969
:
40
♦102
j-j
Power Co—
tOgdensburg A Lake Cbamplaln
Alst guaranteed 4s
Edison 1st mtge 3s
72
73%
j-d
(Southern Lines) 4s__1959
;
128
91%
j-j
Ohio
•
May Dept Stores 2%s debs
Mead Corp 1st mtge 3s_—
mtge 2Vis
116
111
101 '
99
*100% 101%
M-N
1960
„1954
Manati Sugar 4s sink fund__Feb 11957
1st
129
109%
96%
109%
...
(Wise)
89%
99%
Af-N
1st mtge A con 4s ser B
-
80
127
98%
2047
__2047
1975
(Minn) 1st mtge
1st mtge 2%s.
M
A Manila RR
49
20
106% 107
107
q-f
q-a
—2047
4Vis
trust
Northern States
108
101%
95
21
89%
Af-S
1972
Macy (R H) A Co 2%s debs
Maine Central RR 4Vis ser A
68
102%
m-s
2047
registered
& impt 4 Vis series a.
& impt 5s series C—
& impt 5s series D—
Coll
100] J 100 il
110% 110%
2003
2003
1980
1955
series P
1st
Ref
100)1
F-A
Af-fl
RR—
Nashville
ft
5
A Elec 3%s
Gas
101 If
100102%
101%
105
*101
Af-S
3s
34
,_Jan 1 2047
lien 3s
General
18
q-j
q-j
1997
registered—
4s
High
109%
80
*107
m-s
1997
4s—
1
*115
m-S
1974
Low
106%
NO.
128
77%
128
128
Pacific Railway-
lien
Prior
111%
25%.
a-o
series A
ref 4Vis
&
Gen
*1081/2 109 Vi
25%
a-o
inc.
Western Ry 1st
&
Northern
121%
109%
1231/2
1966
debentures
3s
74%
121
109% 109%
M-N
1949
Louisville
North Central gen
46 Vi
1951
1963
<P) Co deb 5s
Louisville
—
*121
A-O
A-0
1949
4s stamped
Lorillard
*36%
38%
36%
67
44 Vi
Norfolk
30%
Af-N
Af-N
.2014
gold 4s_1996
& ref 5s
1974
Southern Ry Co—
41%
Range Since
January 1
Sold
High
108% 108%
m-s
AGen mtge 5s conv
34
30
69
40 Vi
39%
40 Vi
Af-N
Norxolk
26%
37
A-0
registered 4Vis stamped modified
4%s registered
38
27
193
37%
♦30
Jf-N
2003
2003
2003
5s stamped modified
2003
Lehigh Valley Terminal Ry ext 5s_1951
Lexington A Eastern Ry 1st 5s
1965
Liggett A Myers Tobacco 5s
1951
Little Miami gen 4s series A
1962
4s
.1966
3%s_.
Falls Power
Bonis
Friday's
or
High
Low
No.
High
35%
36 Vi
Jf-N
2003
stamped modified
4s
Bid A Asked
Low
Niagara
Lehigh Valley RR—
Period
York Stock Xxehanga
New
January 1
Sold
Bid he Asked
Sale Price
Week's Range
Bale Price
ibutm*
BONDS
Range Sinco
Bonds
Friday's
or
91%
D_1995
1960
Jf-N
1977
M-S
M-S
107 Vi 107
1967
M-S
1969
1949
M-S
j-J
1941
j-j
83%
92%
126
1967
*102% 103%
Jf-N
Vi
101
102%
107%
107 %
107%
105%
105% 106
107 >a
104
106
*10
__
15
7%
11
*10%
11%
7%
12%
THE
Number 4707
167
Volume
YORK
NEW
Friday
Interest
BONDS
FINANCIAL CHRONICLE
BOND
ENDED
Bonds
Bid & Asked
Low
High
.1971
ms
1996
A-0
1955
St JL Rocky Mt & P 5s stamped
Bt Louis-San Prancisco Ry Co—
J-J
°75
80
96%
79%
79%
75%
„
1997
88%
89%
234
80
59%
57%
59%
355
51%
January 1,
No.
Low
High
102%
1991
33
96%
93%
19
87%
94
96
99
50
91
94
93%
A-O
.—1976
debs
debs
93%
df-s
—1966
df-N
2%s series C
102%
*98
99
Q4
94
1967
A-O
*95%
96%
95 y#
97%
33%s debs— .—1959
df-8
*95
96
90
97
F-A
*105
106
df-N
*106
2%s debentures
59%
98%
Range Since
Sold
89%
May
Jan 2022
89 %
Bonds
High
102
F-A
1976
debentures
Rubber 2%s
U S
99%
J-J
Range
Friday's
or
Bid & Asked
RR—
United Biscuit 23/4s
81
99%
80
*100%
Pacific
Ref mtge
99
70
80
Exchange
Sale Price
High
Universal Pictures
1st mtge 4s series A
A2nd mtge lnc 4%s ser A
*100% 104%
j-j
1996
Stock
Last
Period
Low
2%s
gold 6s.
York
New
Union
2d
Week's
Interest
BONDS
January 1
No.
3S
11
Range Since
Sold
(2601)
RECORD
JUNE
Friday
Friday's
or
Sale Price
Low
Baguenay Power 3s series A
St Lawr & Adir 1st gold 5s
•
Week's Range
Last. ...
Period
Exchange
Stock
York
■
FOR WEEK
RANGE
New
&
COMMERCIAL
105%
St Louis-Southwestern Ry—
1st 4s bond
.1989
certificates
2d 4s inc bond ctfs
M-2V
105% 105%
~
Nov 1989
J-J
91 %
1990
series A
St Paul & Duluth 1st cons gold 4s. 1968
J-J
102 %
Gen As ref gold 5s
St Paul
Union Dept
91 %
3 Vis B
.1971
13
A-0
.1989
U-N
.1996
101
J-J
101%
70
.1971
tSASilesian-Amer Corp coll tr 7s_. .1941
P-A
Skelly Oil 2%s debs
Socony-Vacuum Oil 2%s.
South & Nor Ala RR gtd 5s
.1976
A-O
58
92 Va
96%
56%
8
28%
J-J
.1965
97%
5
96
91%
1st
*100
100 y2
99%
100 A
99%
2003
j-j
*96% 101
A-O
101
101%
5
94%
101%
1995
5s—
cons
df-N
100
100%
16
96 %
Virginian Ry 3s series B_
100%
82%
100
96
*123%
95%
124
48
*120
__
103
111
104%
109
101%
101% 101%
;
94%
103
107%
56%
J-D
.1963
96%
61
.1958
Va & Southwest 1st gtd 5s
94%
105
1053/*
108
99%
103%
108% 110'%
109%
jr-s
1st gold 5s~ 1949
Iron Coal & Coke
Va
71%
96%
96%
.1963
A-O
99
*101
MS
debentures
conv
99
MS
1975
105
105%
.
3s series F—.— .1978
1st & ref mtge
102
61%
92%
96%
56 Va
A-O
OH 2%s debs.
98%
192
71 %
f
Virginia Electric & Power Co—
1st & ref mtge 2%s series E
127
*94%
.1957
f 4s series B
Cons s
102%
'25
101% 102
71
J-D
.1955
Vandalia RR cons g 4s series
92
103
127
102% 102%
*127
J-J
mtge 4%s series A
Jan 2016
.1966
(Jos E) & Sons 2%s
Shell Union
r
3 Vas
1st mtge 4s series A
AGen
80%
89%
3
53
J-D
Scioto V & N E 1st gtd 4s
Seaooard Air Line RR Co—
Seagram
2
92
102%
102
W
Southern Bell Tel & Tel Co—
3s
debentures
2%s
r
debentures
96%
—
27/«s debentures
*83%
.1977
M-a
1969
M-N
Gold 4%s
1981
M-N
4%s
1st
(Oregon Lines)
;' San Pr Terra 1st
102%
98%
102% 103
•-
96%
95%
96%
78%
■
90%
84%
92%
129
95%
94%
95%
87
87%
95%
112;,
84%
1986
/
102
—
!-
■
100
—''
.1996
1st mtge 2%s series G.
Southern Ry 1st cons gold 6s.
Devel & gen 4s series A
J-J
.1961
1st mtge 2%s series P_
J-J
88%j 89%
*83
> 93 %'
--
.1994
J-J
1956
A-O
Devel «fe gen 6s series A
.1956
A-O
107% 107%
Devel & gen 6%s series A.
.1956
A-O
110% 110%
Memphis Div 1st gold 5s
St Louis Div 1st gold 4s J
.1996
J-J
106
.1951
J-J
^8-
-
117%
-
117% 117%
64%
94%
Gen
107%
108 ys
111%
1
103%
106
Bell
—
I
103%
debs.. .1985
2%s
1033/4 104
-
20
.102%
104%
36
93%
973/4
2
105%
105%
4
46%
57%
8
100%
102%
A-O
.1983
Tel
M-N
97%
97%
Western
debentures
3%s
ASpokane Internat 1st gold 4 %s— .2013
Standard Oil of
Jf-N
Standard Oil
Calif 2%s debs_. .1966
.1971
Swift ds Co 2%s
96
95%
97
96%'
55
92 y«
93
J-J
Li .1973
•.
55
102% 102'%':
J-J
.1972
debs
debentures
27/8s
55
F-A
.1966
(N J) deb 2%s_
Sunray Oil Corp 2%s debs
;
105% 105%
Apr
98%
10
97
30
96%
97
U-N
.
97'%
'
2361
2361
1952
Western
Maryland 1st mtge 4s
Jan 2014
Union Telegraph Co—
Gen &
A-O
100%
1C0% 10034
30
97 %
101
1965
U-N
105%
104% 105%
31
103%
§ A 1st
106
1st & ref M 3%s series B
1970
A-O
100% 100%
4
92%
1st & ref M 3%s series C
1990
A-O
2000
J-D
126 % 126'%
5
1985
J-J
101 y8101%
30
*115 Va
—
114%
„
1st gold 5s
Gen & ref M 3%s series E
97%
98 yB
100
80
82
19
71%'
583/«
60 3/4
168
42%
100 3/c
,33
97 3/4
J-D
100
M-a
M-a
*1971
*101%
*98
__
93
80%
94%
99%
1013/*
19
97%
99%
102 7/a
103%
*92'A
A-O
J-J
J-J
'
—
6
.99%
99%
99%
99%
99%
11
*110
/.;
64% "
100%,
:
1976
a
not
i
df-N
109% 109%
A-O
*—
J-J
103% 103%
,.1970
i
v;
J-D
107
109%
96
*94%.
Friday
y:"/:/;., /
/J
-
"92%
96
Acme-Aluminum
y Ex-coupon.
,/
Shares
of Prices
reorganized under Section 77 of
asked prices;
no
sales being transacted during
current week.
selling flat.
YEARLY
AND
RECORD
the week, and when selling outside
the regular weekly range are shown
,
-
>
.
for the week beginning on Satitfday,
is intended to include ever^ecuruy
A
lO
Supply, Mfg—
—
Agnew Surpass Shoe Stores.:
Mfg common
Inc
1
m i
~4%
6%
1 ::v
X6 Va
*
5
14%
1
Air
Associates
Investors
common.--
preferred—
10
50c
10
__3
(N
fAireon Mfg Corp common—
60c convertible
preferred
Air-Way Electric Appliance
Alabama
Great
Alabama
Power
4.20%
Alaska
Airlines
Alles
Fisher
pfd
.,31% Jan
1
Internat
(Mich)
4% Mar
1%
Jan
x6%
x6%
400
x6%
Jun
x6%
Jun
14
14%
1,200
xll% Mar
14%
Jun
7%
500
•v;;~
of
Aluminum Goods
Mfg
Industries
Aluminum Ltd
9%
36
Apr
Apr
%
Jun
1%
Jan
1,700
%
Jun
3%
Jan
900
5%
Feb
8% May
79
Feb
101% May
87
1
1%2
"7%
7%
Jan
93 % Mar
7%
96 %
96%
3%
-
-
4%
/
20
'
8,100
450
20% x20%
;
2% Jan
4% May
6
43/a
7
Apr
May
3% May
3% Apr
17% Mar
22%
Apr
14
_•
67%
97%
66
68%
x963/i
98
23%
•
24
10%
10H4
53
55
1034
*
common
common
'
33/4 May
Feb
Apr
15,600
,-rft
*
—
3% Mar
■
100
common
preferred
-3-
36
/
/
6% Mar
•
•
America
cumulative
7%
5
common
/
Apr
-
'
54%
Curb
3,600
800
/
3,600
Mar.
22
50
Feb
69
Jun
92%
Feb
98
May
Mar
25
Jan
22
American Fork & Hoe common
2 3/4
—1
convertible preferred
—
1,
$2.50 convertible preferredAmerican Hard Rubber Go———. -25
—20
American Laundry Mach
—
-25
American Light & Trac common—
-25
6%f preferred-,
—f**,
383/4
American Mfg Co common—-—- -25 f
—1
17%
Jan
250
9
Feb
13
36
Mar
56
Jun
$2
American Maiacaibo Co
American Metal Products Co—— —2
Class
American
American
Republics
Bantam
Car
American
Beverage
American
Book
American
Class B
Cities
1
Co
common——
Co
f
*
Power
&
2%
2%
2%
8,400
2% May
23/a Jan
1% Mar
I
1% Mar
100
82% May
90
Jaa
Anchor Post Products
For footnotes see page 37.
1
7%
1%
3,200
5% Mar
Anglo-Iranian Oil Co Ltd—
Amer dep rets ord reg
'
Angostura-Wupperman
—
-—2
"
7%
Jun
Jan
Feb
313/4
313/4
313/*
100
29
Mar
17%
18 3/8
3,900
25
16%
v
17%
4%
6%
26%
1,000
163,400
May
Jan
Jun
32% Jan
19
14%
17 %
Jun
6%
Feb
3
25
43%
44%
33%
•
Jun
17% Feb
400
38
Mar
51
31
Feb
Feb
36
2,000
-
5,100
26%
Jun
25
100
33%
323/4
*
May
32'% Jan
Feb
x30 !
Jan
Jan
36% Jan
5%
Feb
5
-
27'/a May
18% Mar
Jun
4%
5%
300
1%
-1%
21,800
60%
57 %
60%
550
42%
Feb
4%
4%
200
4%
Apr
5
Jan
7
7%
200
6%
Apr
9
Jan
7
7%
1,700
6%
Feb
8%
Jan
7
7
100
5%
Feb
7
Jun
18%
100
15%
3'/a
12%
3,000
7%
-
% Mar
'
18%
—£1
Apex-Elec Manufacturing Co—
Appalachian Elec Pwr 4%% pfd— .100
,
21%
~1%
—1
1
;
Jan
43%
400
24
X25%
3 Va May
40
%
15% Feb
31
6%
39% May
113% May
Apr
16
'
.
Feb
050
American Writing Paper common- —5
—1
Light—
—
-10
—
1%
33
21%
common—— —2
-10c
Superpower Corp com—
*
$6 series preferred
American Thread 5% preferred— "—5
Apr
475
33%
Amer
109
700
38%
37
20%
33%
Seal-Kap
400
2%
21%
Potash & Chem class A_
B
11,400
38%
19% May
Mar
Feb
111% 113
2%
16%
31
39%
44%
American Meter Co__.—————
American
37%
High
Low
550
19%
Jan
6,500
—
Range Since January 1
High
193/a
38 3/4
111%
-10c
preferred
Shares
of Prices
,
19%
.100
43/4%
for Week
Range
Low
II10
American Gas & Electric com
American General Corp common—
Angerman Co Inc common
American
Sale Frice
Exchange
Par
Mar
500
—1
common
7%
2%
1
Investing Corp
35
1,500
100
Inc__
common
Allied Products
Aluminum
50
Southern
5% Mar
3% Mar
200
2
Convertible
900
,
3% May
Mar
63/4
>
York
Sales
Week's
Last
High
2%
—
Air
New
Range Since January l
'
6%
11
*
33%
32%
WEEK ENDED JUNE
Friday
LOW
~4%i ;'"4%
10
-——
FOR
STOCKS—
High
Low
33%
1
La.
Alloys
common..
Co
200-
tThe price represented is the dollar quotation per
Accrued Interest payable at the exchange rate of $4.8484.
Impaired by maturity.
V
2
Adam Hat Stores Inc
$3.75
94
d Ex-Interest,
e Odd-lot sale not
Under-the-rule sale not included in the year's range. rCash. sale
n
the year's range,
♦Friday's bid and
A Bonds
101
for Week
Range
Sale Price
.-'///// Far
Sales
Week's
Last
STOCKS—
York Curb Exchange
ACF-Brill Motors warrants
Aluminum
96%'
104%
103
NEW YORK CURB EXCHANGE
/,///'/'..
Altorfer Bros
30
delivery sale not included In the year's range,
Deferred
included in
JCompanles reported as being in bankruptcy, receivership, or
the Bankruptcy Act, or securities assumed by such companies.
1033/*
98%
*99 vi; 100
43
93
96%
96%
73
19%
97
,40
*104% 105
V
98%
101
100
75%
71
73
38%
J-J
; /
97%
'
RANGE
Allied
my*
64
49
72%
71%
*-
39
J-D
Yonkers Elec Lt & Power 2%s
85
pound unit of bonds.
1967
72
*
-
■■■j
&
99'%
103%
30
J-J
following extensive list we furnish a complete record of the transactions on the New York Curb Exchange
June 5, and ending the current Friday, June 11.
It is compiled from daily reports of the Curb Exchange itself, and
whether stock or bond, in which any dealings have occurred during the current year.
.
Ainsworth
99%
94
101%
my*
103
df-N
In the
Aero
93%
9
103'A
J-J
J-J
Included In the year's range,
95
WEEKLY
Co
,88% 100
102% 102%
MS
1971
NOTICE—Cash and deferred delivery sales are disregarded In the week's range unless they are the oaly transactions of
in a footnote in the week in which they occur.
No account Is taken of such sales in computing the range for the year.
Acme Wire
100%
15
98%
98%
us
11976
v
New
101%
103%
95
117
94%
101
101
101
j-j
Wisconsin Public Service 3y*s
.
99%
1975
of Mo 3%s
& coll trust 2%s
3s deb
/
.
99%
94
3
12%
1043/4
3
..
11%
1043/4 1053/4
700
410
3
8%
98%
Apr
May
Feb
Jan
,
i
..,
67%
97
4
'98% 100
*92%
93%
j-j
1960
1st 4s
v
J-D
ACertlficates of deposit.
100%
60
1949
Oil of Calif
debentures
57%
84
■.->
.
ACertlficates of deposit
U
2%s
.
99% 100%
100%
u-a
1992
general 4s
§ Negotiability
mtge
"
103'/* 103%
1949
B
2
63%
63%
101 % 1013/4
1033/4
693/4
.59
/
s'
99
82
1961
gold 5s
Tri-Continental Corp 2%s debs
1st
109
26
68
67
"
101%
*5
•
J-J
1st ref 4s
1960
AAdJ Income 5s
Jan 1960
Tol & Ohio Cent ref ds impt 3%S—1960
Union
107%
106%
126'/4
94%
■,*"
A-O
Third Ave Ry
Union Electric Co
109
105%
21
108%
101
98>/*
121%
5
*iooy4101%
J-D
of New Orleans 3%s__1974
1st
108
12
107% 108%
101%'
1970
1967
1958
ref M 2%s series A
SASu & Du div & term 1st 4s—1936
•
100%
89
'8
1
Trenton Gas & Elec
MS
Wisconsin Electric Power 2%s
Texas Pacific-Missouri Pacific—
Term RR
116% "
RR—
97%
,
,
55%
99%
67%
'
'
47%
^Wisconsin Central Ry—
■
1985
Texas & Pacific
106%
107% 107%
.
df-N
Wheeling Steel 3'As series C
1st mtge 3'As series D
Wilson & Co 1st mortgage 3s
2019
Orleans
97%
103
2
*108
—
1073/4
U-N
Wheeling & Lake Erie RR 4s
98%
imp M 4s series C
& New
85
,
53
Mat
1949
2%s debentures
*100% 101
of St Louis—
&
Texas
2
12
;
1
30-year 5s „—j
Westinghouse El & Mfg 2%s
96%
Imp 2%s series D
Texas Corp 3s deb
'
99%
94%
99%
99%
A-O
1950
1951
—I960
1951
1971
Funding & real estate 4%a
25-year gold 5s
100
J-J
Ref
97%
*52
US
Winston-Salem S
Ref &
99%
97%
J-D
1st 4s guaranteed
<
Terminal RR Assn
100
.
•
'
85
90%
*99
99%
J-J
Western Pacific 4%s inc A
'
Southwestern
75%
106% 106%
J-D
1966
Registered
105
9
14
5
3
97%
df-N
Power 3%s series I
West Shore
95%
106
3
U-N
F-A
1950
1967
mtge 3'/2s_
West Penn
117%
91%
91
*
•
F-A
94%
112
17
95%
/
■
A-O
Westchester Ltg 5s stpd gtd
84%
■'
74
83
98
81%
Apr
Apr
Washington Terminal 2%s ser A—1970
89%
76%
90
84%
93% ; 94%
83%'
7
823/4
98
Apr
Baking Co—
5'/2s debs (subordinated)
1970
Warren RR 1st ref gtd gold 3%s_2000
102
80
Jan 1981
mtge lnc 4y4S series B—Jan 1991
Ward
95%
J-J
mtge 4s inc series A
3%s series B
1971
Walker (Hiram) G & W 2%s debs-1968
Walworth Co conv debentures 3y*s_1976
'
J-D
mtg 3%s ser A .1975
'
"*
1
1st mtge
Southern Pacific RR Co—
1st mtge 27/as series K
Co—
Gen
97%
94%
RR
Gen
103
95%
•;
Wabash
101%
91'/a
96%
/ *98% /„
Southern Indiana Ry
Southern Pacific Co—
Gold 4%s
i
:*101% 102%
—
l3/a May
60%
Jun
19% Jun
4
12%
Jan
Apr
1083/4 May
j
Mondays June 14, 1948
THE COMMERCIAL & FINANCIAL CHRONICLE
(2602)
NEW
YORK
EXCHANGE
CURB
RANGE FOR WEEK ENDED JUNE 11
Week'*
Bangs
Friday
Last
STOCKS—
of Prices
Bale Prion
Exchange
New York Curb
Low
Par
Argus
Inc
5%
.
•
6%
—10
preferred.;
8%
6,300
4%
Feb
34,500
4%
Feb
10%
10%
113% 113%
200
8% May
10% Jan
Associated Tel & Tel class A
Fisheries.—..—
12%
20%
Corp
Atlas
10
10%
21%
Jun
Apr
8%
Jan
%
Feb
1 Vs
Jan
400
-
900
1,300
6%
Feb
100
6%
6%
13,100
3%
31%
30%
2,000
24%
4%
Feb
Feb
32
52
Jun
11
2% Mar
62%
—1
Inc
Colt's Manufacturing Co
Jan
Feb
4
3%
1
Mar
Apr
May
7% May
May
Avery (B F) & Sons common....— 1-5
-25
6% preferred..
...
14%
9
100
6%
Apr
Feb
9'/2
Apr
Jan
Consolidated Steel Corp common
Ayrshire Collieries Corp com—— ...3
25
26%
26%
15%
900
Feb
Feb
Continental Car-Na-Var Corp
25% May
26% Jun
Continental Fdy 6i
1%
59% x61%
60%
—
45
2,600
Feb
61V2
Corroon &
preferred
30
Baldwin Rubber Co
34
1
common
10
Jan
36
Mar
14
Barium
Barlow
shares
10%
-
Steel
7%
7%
Corp—
Seelig Mfg— "
&
$1.20 convertible A
1
Baumann
1
& Co common
Beau-Brummel Ties
Beck
(AS)
Bellanca
Convertible
4% Mar
50
6%
15
Jan
77/a
200
1
15 %
2%
3%
145%
Jun
9%
15%
Apr
3%
600
7
17
1%
Jan
110
125% Mar
100
9%
3%
8% Mar
"146
May
>
Jan
Crown Drug
Apr
Crystal Oil Refining common
Jun
19
•
33
34
140
31
1
17%
100
16% Mar
8%
17%
8%
9%
11%
Apr
Jan
22
Jan
Apr
34
preferred
$6
.
107/a
Jun
Tobacco
Cuban
Bickford's Inc common,..
Birdsboro Steel Fdry &
l^ach
Blauner's
common
Co com.*
8
11
"
Blue
Ridge Corp
1
common
Blumenthal (S) & Co common
Bohack (H C) Co common
1%
3%
,
10
*
1st preferred
47
9%
— -
*
Bridgeport Gas Light Co
Bridgeport Oil Co
Brlllo Mfg Co common
.
28
28
9
200
8%
17%
16%
17%
10%
10
10%
113
Feb
Mar
30
11
13% Mar
8%
1
*
May
22
13%
123/4
13%
1,100
—
—•
15%
15%
550
20%
20%
••••
.
mmm
£1
British Celanese Ltd—
Amer dep rets ord reg
British Columbia Power class A
Class B
Jan
—
:''rC
4
Feb
223/8
223/8
23/4
__1
2%
23/4
2,000
26%
1
,
253/4
11%
2.50
lO'A
X30
—M
12
3,000
16% Jan
300
>
Feb
12
32
29 %
10% Mar
22%
24%
16
Mar
24%
14%
14%
1
v/.;
300
13
Mar
17
H
50c
12%
44
5%
5%
16,500
3
%
12%
100
6
Feb
1 %
3%
1,700
—
\4
"7%
1
7%
7% •';.
1
Camden Fire Insurance
Canada Bread Co Ltd
"7%
3%
3%
3%
1,200
5
20
Class A voting
Class B
Power
Jan
Apr
7%
20
Feb
11%
500
9
Feb
11
300
8
Feb
Carman & Co—
139%
1%
54
3%
18
Texas
23
May
common
Com
•
dep rets B ord
Carter (J W) Co new
common
Casco Products common
Castle (A M) & Co
Catalin Corp of America
"4%
1
10
8
53
Jan
5%
6%
4
150
-
31
Jan
5,300
6
10
475
13
Feb
80
86%
520
54
Feb
18%
19%
18%
19
~4%
6%
Apr
Jun
100% Mar
7% Mar
11% May
4 4% Marq
413% Mar
50
300
:
:f
-
.
34
Jan
8
16%
Jan
37%
Feb
73/4
Jan
33 Vi May -
/—4-'^—
35%
9%
'"j-, -X'w'
11% May
140
Apr
140
*
Jan
Apr
18
9
Mar
3%
9,400
■
3xk
f/ 18% Feb
1,500
'
"4
3,100
;
12 Vi
:'v-
400
:
.
3»/8
5,000
15
May
12% Jan
Apr ;!•
4
liy8
7,100
-;;
••_
"9%
250
3 V*
.
50
36
82
50
39
:
'
%
Feb
11% May
79 y4 May
12 V2
4%
4%
S;
Xl5%
•
16
16
8
,
May
Jan
14
Feb
May
83
Jan
12
100
12%
1
'*■
39
Jan /
8
'
May
16% May
74% Mar
■
Jan
28
Feb
Mar
65
39
74%
Jun
.73/4 May
-
16% 4:
May
14
-
9% May
2%
v
Jun
28
Jan
5% Feb
:
Jun
.4 11% Jan
2% May
;;
May
29%
Feb
100
•' '
Feb
4 8
9,800
28
Jun
5% Mar
'600
;
Jan
6%
200
10%
73
Assn common—
5%
Jan
'
33/4
400
;
Feb /.
5% May
16%
123/4 Feb
1,800
t
3%
3,100
6
Jun
81%
Co
~4
"4
1,525
"4%
84%
84%
84%
76%
& Share
78%
Jan
May
58
"Jan
Apr
4% Mky
2% Mar
4,600
57
May
88
Feb
150
200
•4
53% Feb
81% May
775
14%
2,200
13%
14%
14%
58,000
140% 141%
140%
new common.
8%
~3
"3%
—1
10
x27
:: 24
4:
~3%
96%
$3 convertible preferred..—
Esquire Ine_.
Eureka Corp Ltd—
Eureka Pipe Una; common!
,-v
2
r."
—1
1
4
i.
Apr
Jan
98
Feb *
Feb
1% Feb
Mar;,
41
lii 4
1%
4
6%
700
8
8
Jun
46
,
6% Feb
l%". 2%'-.: 3.700
~7%". .,"7%
—1
'3% Jpn
Feb
11
_10c
■V
Feb
92
10
1,000
—5
Equipment
common
Jan
6% Jun
14% May
15%
50
8
May
4
42
5,700
96%
7%
15
146
Feb':
13% May
2% Mar
5,300
x27
»
X44% x44%
x44%
Jun
14% May
Feb
3%
.1
—50
Apr
58%
Feb
Feb
9%
126
1,500
13
Feb
50
V
300
.6%
6%
6%
Inc..
&
12%
58%
14%
14%
$7 2d pfd
1C% Mar:
800
11%
57
••••57:4::
common-
common
Derrick
May,
85
83
Associates—
preferred
Emsco
7
Feb
Mar
76
400
82
x78 %
65% Apr
54
x80%
warrants—
Equity Corp
*5% Mar
7%
5%
•
82
Empire District Electric 5% pfd— .100
1
Empire Millwork Corp.—
Jan
••'
15,200
Feb
l-,- Apr
Jan28
27
8%
J*n
4%
4.
8
40
13
Mar
375
12
Feb
12%
500
4%
3.3Q0
10% Apr
3% Feb
—
—
8
300
22%
22%
75
63%
—
63%
275
16%
2% May
46% Jun
8% May'
3%
Jan
•
17
75
Mar
8%
Jan
81
'Apr
19% May
85%,
Jan
10% May
21% Jun
86%
21
Jun
May.
21% May
14 % May
5% Apr
8%
25%
Jan
Apr
70
Jan
15% Mar
18
Jan
7
1%
1%
1,600
58%
28,100
31% Feb
500
11% Mar
2,000
9% Feb
100
5%
700
5% Jan
Jan
7%. May.
7% May
•
•'
10
-.
.
58%
5
55%
13%
19
10%:
18%
■
13%
10
...
,
19
800
1
3%"
2%
3%
4,800
1
3%
3
3%
.31,800
9
—
44%
•
.
•
..
4
9
100
44
45
600
6%
6%
100
Jan
20% Mar
6%
7
13
%
14
Feb
Feb
> Fairchild Camera
1% May
58% Jun
& Instrument...
4 Fairchild Engine & Airplane—:
'
Metallurgical—
Association
Flshman
5c
1
22%
1
-5 %
13%
>
•
Fansteel
Fire
*
22%
,
25%
!
5V46%
: •
13."
14 •:V:
4. 4 57% 57%
3%
.4: '. 3
9%
6,600
4
:
18,300
•;
Jan
28V4 Jun
3%
Jan
5% May
15% Apr
Feb:
10%
2,400
-10
.100
•
•57.%
/•••3%
Jan
57% Jim
:4 3% May
34
Jan
38% Apr
Mar
10
37%
46
1,900
44. "25
.
37%
4 Jan
4414%
(Phila)
First York Corp common
$2 div cum preferred...
-■:i' 2
4
•
s
-
(M H)' Co—.
to SI
Stores—
18
;Apr
Ford Motor Co Ltd—
Amer
dep rets ord reg—
4 % May
4%
4 3,700
21%
22%
1,300
16%
Jan
23%
24 Vi
100
18%
Jan
1%
l'/s
9%
3,200
14%
14%
200
4%
4%
:■
r
5%!. May
Ford Motor of CanadaClass A
Jan
54
6%
non-voting.....
22%
Class B votings
Ford Motor of
Amer
France—
-
T4;
dep rets bearer..
1%
Pitt Brewing Co..
1
(Peter) Brewing
————1.25
Franklin Simon & Co Inc common
1
9.%
•' '
Fox
4%%
Fuller
preferred
(Geo A) Co
conv
23
May
24% JUn
-
Fort
;
>
•■•
v*'
■
'7%'
1
:
300
Feb
7%
Feb
11% Mar
7 Vs Mar
200
•25
50
5
11% 4
8% Max
4,"000
15
10
10%
Mar
6,000
2
" Jan
9% JUn
.19.
Jan
4:7% May
31
Apr
12% Jan
14% May
11
19
Apr
Jun
1% Feb
3% May
1%
Feb
3%
Jun
Garrett Corp common.
7 % Mar
10%
Jan
Gatineau Power Co common
24
Jan
6
Feb
1
30% May
38 Vi May
7% Feb
6%
---
1
4
-
12
...
1
Jun ;
15
Jan
■
•
20
82% Apr
8% Feb
18,200
20
4
1
74% Mar
19
:
10
10
20
12
100
City Auto Stamping
City & Suburban Homes
80
19
100
Cities Service common
For footnotes see
page 37.
5 %
Jun
110% Jan
Mar
19
5
Co
4% May
.5% Mar
500
38
8%
300
-v
35;
20% May
104 % Jan
29%
4: 15
shares of beneficial int.
Elliott
2% May
57
3% Apr
16% Feb
9%
9%
»86%
10
Claude Neon Inc common—
Clayton & Lambert Mfg
Clinchfield Coal Corp common
Feb
Mar
— —
-T"
:
2.50
*
48
Apr
108% Jan
1%
35
2,600
3
Apr
16% Mar
i
1
Clark
200
7%
10
Chief Consolidated
Mining
Jan
~4%
May
200
10 3/4 r
78%
Sugar
Electromaster
Apr
6
80
1
common
Chesebrough Mfg common
Chicago Rivet & Mach
Cklcago & Southern Air Lines—
Voting trust ctfs—'
10
3% May
37%
;;v:4
100
Cessna Aircraft Co common.
Charaberlin Co of America
Charis Corp common
Cherry-Burrell common
Jan
800
53/4
..
100
Conv pfd opt div ser
Conv pfd opt div ser 1929
8%
4%
5%
6%
Central Power & Light 4%
pfd
100
Central & South West
Corp
5
{Central States Elec
6% preferred—100
preferred...
400
50
26
150
Apr
-
3% May
1% Mar
1,700
'••■'••; 4
W*
"9%;
12%
prior preferred
Option
Jun
9%
"4%
4—
-
1
Central Maine Power Co—
3.50% preferred J—
Central Ohio Steel Products—
139%
1,150
•——
1
2s 6d
*
Jun
8,000
493/4
—
8
Mar
8,200
H—
II
Sulphur
Electric Power & Light
12% May
12% May
55%
•
9% May
16
K 3
800
Jun
10 % May
Feb
13% Max
50
-
82
$5 pfd shares of beneficial int..
Easy Washing Machine class B—
18
May
xl4% Mar
9
9
■'
2%
—
preferred
Eastern
May
4%
1
1%
Feb
5%
Jan
Jun
51
5% Mar
3,500
■'-4.4/
—.
Corp—
$7 preferred series A
$6 preferred series B
Feb
"l% ~23/s
—2.50
Carolina Power & Light $5
pfd
Carr-Consolidated Biscuit Co
Carreras Ltd—
—10
—
Eastern States
Apr
52%
-4
4 6%
4%
Feb
Feb.
1,700
463/4 V 7%
73
;—\
Co
Electric Bond
1
2,600
Eastern Malleable Iron.
8% May
4% May
Feb
10%
•
Carey Baxter & JCennedy Inc
"***
_
Jan
11
100
...
Chem
Electrographic Corp
Products
Club Aluminum Products
&
Duro Test Corp common
:; v
Canadian Industries Ltd—
56% May
Feb
21% Mar
'
~
Apr
May
;
Feb
12% Apr
Dunlop Rubber Co Ltd—
Amer dep rets ord reg
—£1
Durham Hosiery class B common.
6%
16% Apr
xl4% Mar
*
•
Controller Co
Clarostat Mfg Co
Tar
Corp
4Vile
22 Vi May
•
.*
non-voting
Duke
Jan
12%
.Hi
6
Apr
2% Mar
•
1
.21
Co Ltd:
2%
3%
common
4 37.%
3,400
15%
3%
3
26%
'■
16%
11%
18
4:4
•
11%
Mar
4%
46
6,900
-.—
..29
Duval
6% Feb
6% Mar
1,700
Jan
15% May
8% May
*
7%
class B
3% Feb
200
1,000
Jan
17% May
% May
Jun
23/4
3%
2% Mar
"7%
8,700
1%
9%
8%
7%
~9%
East Gas & Fuel
£1
1
Canadian Canners Ltd common
Convertible
preferred
Canadian Industrial Alcohol—'
12%
9%
1,100
Jun
Jan
2%
Feb
% May
26%
;
27%
1
Driver Harris Co
Jan
11% May
8%
10%
Raynolds class B^__
Corp common..
Draper'
May
2% Mar
2,300
40
2% Mar
300
a
15% May
Feb
Mar
30
250
51
::
"3%
Dominion
Feb
2%
11%
1,900
Dominion Textile Co Ltd common—
Jun
14%
1
21
6%
16%
;k»r £rj'
Dominion Steel & Coal
12% May
23%
—
46%
Feb
4%
10%
29%
Corp class A—— .—i
*
Dominion Bridge Co Ltd——
Jun
1,500
12,000
California Electric Power
Callite Tungsten
Corp
•
10%
Domestic Credit
Jun
17% Mar
Feb
2%
...
Amer dep rets ord reg.
Dobeckmun Co common—..
May
May
113/4
25c
pfd
;4
27% May
7
25 %
4,500
,
32
11%
"
12 %c
American dep rets 5%
Calamba Sugar Estate
— —
Distillers Co Ltd—- :.'4
Jun
1
Cable Electric Products
common
Cables & Wireless—
Co
2%
113/4
Burma Corp Amer
dep rets
Century Electric
Apr
2.50
Burry Biscuit Corp
Butler (PH) common
Carnation Co
26%
Apr
29%
600
'4 4 4
Diana Stores
Apr
1,350
Ring Co
Capital City
23 %
28%
•
preferred..,
Canadian Marconi
Jan
1%
4
2% Mar
2,400
"7%
Detroit Gray Iron Foundry..—
Detroit Steel Products—....
|
Jan
27%
Buckeye Pipe Line
7%
Feb
2%
20
25
—
Bunker Hill & Sullivan
;
Jan
12 3/4
"
May
101% May
__
-
Derby Oil Co common...
Detroit Gasket & Manufacturing—
21% May
13%
9% May
^
22%
•
•
Canada Cement Co Ltd
6 % % preference
15% Mar :
2
•
10% May
Feb
25,300
v
6%
15%
-8%-debenture
1
Jun
16
Feb
Jan
.
„
:
Dejay Stores common...—..
Dennison Mfg class A common
4
13%
11
1,900
10s
Bruck Mills Ltd—.
Burd Piston
20%
8%
72%
■
v
Dayton Rubber Co class. A
23
Feb
93/4 Jan
Apr
14%
Jun
3,900
2,350
15
8%
Davidson Brothers Inc..—
Devoe &
£1
reg
Brown Forman Distillers
Brown Rubber Co common
Bruce (E L)
Co new common
Davenport Hosiery Mills
4'
19% May
11% Mar
Feb
Jan
105
Feb
54
—
6%
15%
Jun
100 %
50
Jan
r
8%
70
114% May
D
4:
4V
Jan
•
dep rets ord
.
•
*
British American Tobacco—
Amer dep rets ord bearer
19
2.50
5
(Mo)
Mfg Co
1
107% Mar
v
32 > 35
17% 19%
101'A 101%
4% May 44
103/8May
4
Apr
8% May
700
Curtis
x62% Jun
120
v
Jun
49% May
129
May
24%
2,100
.1
11%
8% Mar
33% Mar
20
9
——•
British-American Oil Co
7%
2 3/4
i
140
•
Class A
Amer
BVi Mar
900
128
"
7% Feb
/
250
127
25
Brazilian Traction Light & Power
Breeze Corp common
4
10%
48%
47
100
Borne, Scrymser Co
Bourjois Inc
Amer
3%
*
700
1,700
15,500
y
4,300
Apr
29% May
Feb
Jan
'-2%
__
•
common
Curtis Lighting Inc common
Jan
9% May
18
:
100
preferred
5%
6%
3%
\ 3%
..
.38%
25% Mar
300 *
1,100
13%
49%
,1%
3%
5
Atlantic Sugar common
Cuban
^ May
10
15%
25c
•
10
Co common
5% May
3,500
8% f
8%
8%
4; 3%
7%
4 7
5
•
33,400
Feb
•
9%
5%
,
__
6% May
4%
y* Jan
v
:
Feb
9%
5%
,
51
•
1
Crosley Motors Inc
Crowley Milner & Co
Crown Cent Petrol <Md)
Crown Cork Internat'l "A" partic
7% May
Apr
—5
1
Petroleum
Brewing Co
Croft
15% May
14% Mar
1,100.
*
preferred
17%
5% Jan
10% Mar
100
,
,
.
■
15
141% 146
1
common
Feb
5%
15%
-100
common
Benrus Watch Co Inc—
Hedges
14%
1
Bell Tel of Canada.
Benson 8i
6%
6%
16
1
common
Shoe Corp
Aircraft
43,300
11
v
.
5%
Jun
May
9% May
7% Feb
3% Feb
2,800
convertible preferred
Creole
16.
5
common
Basic Refractories Inc.—
(L)
7%
Jan
—
6
29%
700
v,
13%
Apr
6
(>
7,400
Cosden Petroleum common
5%
1,400
11,200
1,450
%
15
1 '
8%
■
§ 8
50
54
51%
Courtaulds Ltd—
■■■:,-■
,v » 4/r,
v r >.
American dep receipts (ord reg)__£1
—
4 ' __
Jan
Banco de los AndesAmerican
Reynolds common
6% Jan
2%
16%
preferred class A
$1
Mar
9
300
10%
%
*
1
Inc.
Coro
Jun
Locomotive—
Baldwin
Feb
"
f
High
Feb
2%
15'A
%
16
,
7%
3%
2,400
v
7%
8%
x62y4 64%
xlll
114
104% 105
10
10%
96
100
3%
3%
39
46%
2%
2>A
14
15%
37
37%
__
*
5c
Copper Range Co
Cornucopia Gold Mines
Low
150
■
Xlll
1
Brewing Co common
Cooper
B
Babcock & Wilcox Co
Machine Co
& Varnish Co
Cook Paint
8%
x62%
10%
100
*
3%
x44%
1'
2'A
1
15
•
—
Consolidated Royalty Oil—
15 %
24%
__
1
5
10
•
Mining & Smelt Ltd
Consolidated
Jan
6%
10% Mar
100
14%
&
,
100
4%
4%
"9
*
Voting Machine
32
preferred series Cl
Consolidated Gas Utilities
13%
12%
%
Co
warrants
ii 8tone
Colorado Fuel & Iron
63
700
11
—1
—1
—
25
Commodore Hotel Inc——
—1
Commonwealth & Southern warrants—
Community Public Service..
25
Compo Shoe Machinery—
Vtc ext to 1956
1
Consol G E L P Bait common
•
4%% series B preferred
100
20,300
62%
■
———
Automatic Steel Products
li
i?
Airlines
Colonial Sand
May
6%
m
Plywood Corp.......—;—...
114
Feb
6%
Atlas
warrants
12%
21%
Feb
10%
£1
IT*
!—i
—50
Atlantic Coast Line Co—
Automatic
12%
21%
——...
10% May
112
100
Colonial
Range Since January 1
9,200
13
13%
5
5%
7%
8
6%
6%
5%
6%
37% 38 %
4%
4%
%
,3a
28
* 23%
13'A
5y2
7%
* * 6%
/
6V8
38'A
Development ordinary
Colon
8% May
8V2
Shares
High
Low
•
Cockshutt Plow Co common
May
7%
...
-
American dep rets reg.
...
Associated Laundries of America..
Coast
6%
Feb
7 >4
10%
$7 pfd_.
Ashland Oil & Refining Co
Associated Electric Industries-
Atlantic
4%
1.400
6
for Week
of Prices
Par
High
8%
Common class A non-voting.—
Arkansas Power & Light
Low
Sales
Range
BTOCK8—Last
Cnrb Exchange
; '
Sale Price
York
New
Range Since January l
8%
Arkansas Natural Gas common...
Aro Equipment Corp
Shares
High
5%
Week's
Friday
Bales
for Week
47% May
-
7%
Jan
5%
—2
15
-
13%
^
•
preferred
i
100
Gellman Mfg Co common..:—_______1
18 '
16%
9
"
—«.
0%
'
8%
%l
.
9%
1,900
Feb
15
Apr
16
200
,
Jun
16%
Apr
84
Feb
89
6% Mar
May
10% Apr
r
167:; Number 4707
Volume
THE
COMMERCIAL & FINANCIAL CHRONICLE'
NEW
YORK
CURB
•mTOE
'-v.
Friday
Last
Sale Prices
vv'.r,
.7...
•
STOCKS—
IV-
i,
Exchange
Curb
York
New
:'
Par
"
a,
General Electric Co Ltd—
4%
25%
4%
1,800
-
Plywood Corp new com
50c
Public Service $6 preferred—*
General
Shareholdings Corp
$6 convertible preferred
Georgia Power $6 preferred
$5 preferred
Giant Yellowknife Gold Mines.^
1
•
com.
common
105
Harvester
,
Globe-Union
Gobel
(Adolf)
Class
Z
Inc
$4.50 prior
Mfg Co
Apr
Kirkland Lake G M Co
5%
Jan
Klein
6% May
4
4
50
Pacific
&
Non-voting common stock—
1%
1st preferred
Utilities
34
200
$4.40
pfd—
Gypsum Lime It Alabastlne
1,300
5,700
1I3B
1ft
1%
2,500
12%
12%
500
*
14%
14%
::io
5
12
Apr
Jun
29 %
Jan
24
May
14%
Feb
21%
Jan
15
Jun
3
12% May
800
2%
__
-V
%
£r—
50%
Feb
28 %
Apr
Jan
6%
Mar
13%
t
Feb
63 % f'%
600
16%
800
12%
Feb
9%
•»
—
9%
" -7500
4,100
VV 6%
Mar
y 12%
13%
.
Class
50
Jan
Hartford
Mar
65
:
Hartford
Rayon
Harvard
Brewing
...
Le
117%
109% 120
yT—'(-.Ty
J_
134
9%
9
v
91
Feb
120
Jun
133
180
.V.
42
300
Apr
140
9%
200
8
<
Jan
9%
May
Jan
105
99% Mar
—
Hearn Dept
Hecla
Apr
43%
1,700
30
Mar
43%
Jun
50%
150
50
Apr
56%
Jan
3%
3%
2%
2%
1%
X8
67/8
9%
"
10 Va
13
Horder's
Horn
Oil
&
Lock
Hussman
$2.25
&
common
Refining-
200
Xl4%
Jun
6V4
Jan
97/a
10%
2,000
7%
Feb
10 Va
Brothers
class
Refrigerator Co
Common
stock
4
■:'A
Lone Star Gas Co. (Texas)
Long Island
'
19%
Lighting
Power &
warrants
1
400
^
v.
83
Feb
11% May
Mar.
98%
73
Apr
Apr
7%
May
Apr
Jun
55%
Jan
Jun
9%
Jan
;
41%
7
•
•
32 ;!v
•
>
5
■■*.•.
32;
v
150
5%
100
32
7
.375
,
.4
,
5y4
•
2% Peb
16 % Feb
22
23%
900
-
•
Jun
4% May
14
May
44
58% :58%
13%. 14 '
:
*
—
Amer
dep
rets
registered
Imperial Oil (Canada)
13%
.i.100
.
•
Manlschewitz
—
V 52% Feb
.10% Mar
a
4% May
11% Mar
.-r
*
♦
16%:
16
15%
16%
5
coupon
Registered
& Ireland
12
11%
12
1,000
107
700
15%' 16%
26,400
V 2,700
;
11% Mar,
.7
9%
£1
Indianapolis Pwr & Light 4%
pfd
Jan
International
Hydro-Electric—
Jan
(The B)
Marconi
106%
•
13
—50
56
International Metal Industries A
%
Petroleum
shs
coupon
International
Safety Razor B
International
:
-
.
*
v
'•
•
»
-V
•
Marion
Power
jy V.
McAleer
Royalty
;
1—1
Mfg voting trust ctfs—*
Iron Fireman
Irving Air Chute
1
'
3% May
25
.
Jan
69% May
Jan
16%
6%
V17
Feb
12
May
Jun
Corp
com
1,600
V13%
Jan
96
Mar
107% May
12% May
15
Feb
.
.
51
800
68%
Jan
24
Apr
cl A
Mar
13%
9Ve Mar
13%
Jun
13
300
9% Mar
13
Jun
13%
800
12 Va May
17
Jan
1%
400
4ft Mar
1%"
12
12%
20,200
V
9% Mar
3,900
2% May
12% Jun
•
1%
2
2,400
1%
Feb
19%
200
16%
Jan
6%
6%
700
4%
Jan
1
1%
1,500
19
6"%
•
Feb
24 % May
Jan
8%
Jun
% Mar
Mar
7% Mar
■
.
22%
—*"
18%
1
Jan
60
Jan
Apr
55%
Jan
15,200
15
Feb
23%
10
110
400
15
Apr
Feb
54%
305
49
49%
23%
325
•44
110 % 110%
47
,
x21%
17%
18%
,
.
"
-
Jun
Jan
112
18%
Jun
5%
•
Corp
$2.50
Mead
800
15
Feb
17% May
16%
600
12
Feb
16%
Jun
5%
Apr
27
Jun
34
May
37%
Feb
2%
Feb
3%
8%
Feb
13
May
13% Mar
18
Jun
10
*
12%
11 Va
12 Va
18
17 Va
18
Menasco
% Mar
Apr
6% May
5%
200
1
~i%
"l%
"1%
5,400
1% Mar
*
36
30 Va
36
3,700
22% Mar
36
Jun
*
41
40%
41
100
37 Va Mar
44 %
Apr
*
11
10%.
11
1,400
1
xl9
Xl9
Feb
9%
8
1,700
19
5,300
1
25%
Jan
9%
1,600
6%
6%.
7%
13,200
5%
200
Jan
12% Mar
Jun
2%
2%
May
2 '
Feb
Xl9%
2%
8
1
Co
Feb
6%
10
common
Co
&
4%
Jan
3% Mar
Chapman & Scott Corp—
6%%
-—
A
Mesabl
800
5%
Dredging
Mfg
Merritt
1,400
5%
1
common
Johnson
7% May
17
16
21
preferred
McWilliams
Feb
16%
preferred
Iron
1
Metal Textile Corp
5%
5%
25c
common
Participating preferred
47
15
50
3%
3%
Jun
109% May
7%
Feb
Jun
6% May
Feb
Jan
43
70
9%
Feb
Feb
108
100
Co
1
Michigan Bumper Corp
Michigan Steel Tube
Michigan Sugar Co common.
6% preferred
Mlcromatic Hone Corp
7%
7Va
7%
50
Jun
9
7% May
7% Mar
300
10% May
2.50
9%
*
—10
1
l7/a
1%
2
8%
8%
; 8%
800
7%
8%
8%
300
6% Mar
Middle States Petroleum class A v t c_.1
28 Va
Class B
v
1
Middle West Corp—
Ex-distribution
26%..
7%
5
t c
9%
Feb
5%
800
10%
7%
8
19
300
28%
2% May
20% May
7% Apr
1%
2% May
9% Jan
1% Mar
1,300
Feb
10
8%
Feb
7%
Apr
29% May
Feb
5%
2,600
Feb
Apr
10% May
10%
10%
13,500
pfd
•
10%
10%
75
10% Mar
13%
i$2 non-cum dividend, shares
*
20
26
100
23% Mar
28
X22%
23%
800
19%
Feb
4%
4%
300
3 Va
Jan
5
22%
21%
22%
600
Feb
24
Apr
Feb
20
May
*~3%
"3% "3%
2,800
Steel
Midvale Co
conv
*
common
Abrasive
Oil
23%
50c
:»
—10
Co
1
18
13%
•
Miller
Refineries
f .vV.
:•
Wohl
4%%
'V
r.v.- V- v
•
Co
YJ--
—50c
b
9
3,000
99%
25
96
26%
8%
Jan "
Mar
5
26%
1
1
8
8%
5
Utilities
•
•
10c
class A
Moody Investors partic pfd
Morris Plan Corp of America
Montgomery Ward & Co
10
Mountain
Producers
Mountain
States Power common
Mountain
States
Tel
*
Tel
&
100
4%.
5%
Co
5%
,,
V f
35
May
8% May
Jan
Mar
,1.104
100
23% Mar
* y 27
1,300
6% Mar
-
2%
40,200
Jan
8% Mar
102
,
5%
Feb
Jun
95
May
95%
Jun
103 %
75
102-
May
103 %
Jun
27/a
800
12%
2,900
95%
2%
2%
12%
177
X12
174%. 177
39
"4%
39
2%
Feb
3Va May
Apr
.13% May
Jan
177
Jun
34% Mar
39
Jun
10%
110
170
25
4%
4%
600
16%
16%
16%
1,300
12%
Feb
32 %
.32%
32%
300
26%
Jan
99% 100
100
3%
Feb
97% Mar
60
25%
Jan
30%
200
12%
700
13%
13%
300
11%
14%
14 Va
14%
200
13% Mar
5 Va
5 Va
1
30%
30%
10
common
102
.X
25
95%
.*
2.50
10
Murray Ohio Mfg Co
Muskegon Piston Ring common
Muskogee
Apr
'
pfd
100
4.80% cum pfd series B
100
Monroe Loan Society com class A——1
cum
Dakota
Apr
Apr
May
Jan '9% May
7
,.2,600
8%
99%.
*
Molybdenum Corp
Monogram Pictures common
Monongahela Power Co—
4.40%
3%
Mar
2
30%
"i
Light 5% pfd—100
Public Service common
Missouri
8%
8%
—50
*
Mining Corp of Canada
Power
25%
vVV;i;'V^V'^*:V
common
convertible preferred
Minnesota
Jan
Products—
16% May
12%
19
Apr
26%
18
£1
Co common
convertible preferred
Midland Oil Corp $1
13
2
Apr
22 %
Feb
Marine
Mfg
Midland
12%
12%
23%
Feb
•
common
Jan
13%;
5
-
Apr
*
Shovel
Massey Harris
Jan
13%;
*
V' V 1Vv'V.,';i &)':.;:.iy,
Italian Superpower
56
Feb
23% Jan
10
i
Utilities common•
13%
53
*
Products.j
Investors
12%
Feb
92%
•
shares
International
May
20
5,500
%
.
1
Communication Co Ltd
Montana
*
Registered
105
-
Jan
11
22%
600
•
2
Co
International
Jun
V l
Preferred $3.50 series
International
^90%
10
Cigar Machinery—>.
,
10 % May
100
International
100
6,400
1
common
7%
Imperial. Tobacco of Great Britain
Insurance Co of North America.^
25
/
—
'
53 %
Mapes Consolidated Mfg Co
.Vy>'V\ <"
;
1,450u
•
£1
Imperial Tobacco of Canada
25
1.":'
30
22
;
10
Service
Stores
42%
i
Imperial Chemical Industries—
.
28 Va May
Apr
7% Mar
300
8%
Co
Public
Mangel
7%
Apr
J
23%
•
Jun
87%
,
.'31% May
>
Jan
24%
,
Jan
Apr
Jan
35% Jan
109% May
4.1% Mar-
.--
.
pfd——50
conv
common
Mar
18
25%
10
23%
Midwest Piping & Supply common
Co
2,000
9%
8%
Maine
Midwest
Zinc
27%
—
r
22%
Mid-West
Illinois
19% May
5
Mid-West
Hlinoia Power Co 5%
15 Va Mar
May
•
•
Mar
,9%
s
<
.
50
Apr
44%
148
Jan
19% May
.
Jun
20%
' V
Feb
Feb
-,--.3
—
.•u.AA
7%
■>
30%
May-
Feb
-
>5%
Feb:
8,000 o. x65
42 -f
•.
105 Va
.
..
4% May
•:?
Mar
31% Mar
•;.<>
>
Jan
2,000
U
Warrants
3
140
h -100
87%
i
42
;
Jan
1%
Apr
.19%
8%
Co
McCord
r19
-
50
625
>
,rA;
ft
25
23%
Mackintosh-Hemphill
McClanahan Oil Co
X
'-'Juii:;
...
10
9
15 Va Mar
26
26
-
48
-
Jan
24
•
;
24%:. 24%
-1
l
Apr
100
700
Co—
Corp
Apr
7%
33%v34%
i
*
preferred
Hydro-Electric Securities
Hygrade Food Products
9%
1
Light $6 pfd
May
9%
150
33%
t
May
23%
*
10
preferred A ctfs of dep
6% preferred B ctfs of dep—
Louisiana Land & Exploration
11%
96
V
;
May
7
19
7%
12
48%
W"
t
common—
Jan
11% May
Feb
'
145% 145%
{,7%.
Jun
28
Feb
6
7.1UO
23
Common ctfs of dep
14
6%
30
145 V\
5
25
Feb
18%
*
F»b
200
V.
common—•
1st conv
16%
Mar
1,900
77/a
29
•
Mar
300
-
5
Chain
Feb
•
5
t
7
9%
•
A
B
Steel
Jun
May
800
%
23
*
Longines-Wittnauer Watch Co
!
27
6%
5
Groceterias
Class
Feb
9%
10% May
28
Jan
21
26%
27
5
common
11%
X25
*
5
Co
Jun
200
•
49
7%
,
Jan
17% May
Feb
9%
■
•
Mfg Co_
preferred
Huyler's
,
.*—100
Inc new
(Harvey)
Humble
Hurd
100
48%
*
?
17%
4,100
1
9%
100
93
•
preferred
Hubbell
11
•
common
7% May
9% Jun
"
'
•
common
Baking Co_
Hardart
&
5%
-
Co
in
600 "
100
r
71
7%
1
Jun
Mar
7,800
25
1
It ?.
2,200
10%
11
8
1,500
~6%- "e%
•
•
&
Feb
4% May
2% May
13% Mar
V
V—
6
Inc_
(Geo A)
6%
98
10
Holly Stores Inn
Holophane Co common-
Jan
11"*
1
& Co class A
6%
1,300
13%
9%"
~
100
Hollinger Consolidated G M
Hormel
"
100
Henry Holt & Co common
Horn h Hardart
jq
Feb
1,9 Op
10%
11
2
preferred w w
preferred w w
(R)
~
1%
300
.
2% Mar
3%
9%
♦
:
900
300 *
15%
*
15
r
7%
9%
15
13 y4
•
*
common
A
5%%
Hoe
9% May
8% May
50%
5
Heller Co common
"4%
Feb
39%
f
25c
Co
Rubinstein
Class
Feb
5%
50%
:
"
Helena
7%
100
43
•
Stores common
Mining
600
9%
x8'
Hat
Hazeltlne Corp.
Apr
9% May
M
8%
Corp of America B non-vot com—1
Hathaway Bakeries Inc
1
16
24%
9%
common
Material
Locke
v
44%
x8
'
17
10
Mar
Apr
Feb
8%
Corp
10
Llpton (Thos J) Inc 6% preferred—25
Lit
Mar
36% Mar
,
—
1
14
Mar
9%
Lionel
14 % May
7-.... Mar
1,300
139%
•*
42
1
Co
200
17
Development
(RG) Inc
Oil
Tourneau
Line
Jan
9% May
10
common
14%
*
Realty
Leonard
Loblaw
18%
•
25
Light
6%
13
9
Jan
•
Paper
Electric
20 %
600
250
9%
H
Hammermlll
50
9%
1
8
B
Lefcourt
Jan
% May
57% May
9% Jan
ft Mar
-
54
100
15%
.
5
Bridge Co Ltd
14%
Apr
lft Jan
14
Apr
1
Lanston Monotype Machine
La Salle Extension University
Jan
91
100
V:
7%
'61%
3%
Feb
5,000
56
7%
Jan
42
22%
84%
'
56
Feb
Lynch
Hamilton
1% Mar
11%
24%
B
Company
Mines Ltd
Lakey Foundry & Machine
Lamson Corp of Delaware
Lagendorf United Bakeries cl A
May
18%
900
" %
* %
56
Lake Shore
Jan
34
1,800
—
♦
Lamp Co
19 %
L
Laclede-Chrlsty
Louisiana
Hall
Mar
14%
-
4% May
3% Mar
14
24%
Jan
Apr
Feb
21%
Stores
Krueger Brewing Co
22% May
54
2,800
——
__
4%
16%
1
Ltd
4%
15%
—1
96% Jab"
28%
2% '
'
;-
100
Jun
4%
16%
Jan
103
12% Mar
1,200
1
9%.
Jan
29
7"
common—25c
18%
9%
22%- 23%
27/8
25
Grocery Stores Products
States
r* 33 %
">267/a
—
•
100
18%
1
;
(DEmll) Co common
Klelnert (IB)
Rubber Co
y
Great-Northern Paper
17 Va
24%
May
'800
Tea—
Jun
18%
1
5%
2% Mar
16
52
14%- 15
5
Co
Jun
45
1
Feb
84% Mar
1,100
21
2%
—
-
55
Jan
Feb
15
—-10
Feb
37V2
Jan
%. 16
-
45 Va
240
Knott Corp common
110%
15
•
Apr
30
45
Kobacker
117
21
—
99%
55
Jun
Jun
12% May
51
Apr
Mar
High
Jan
40%
Mar
110
9
45
x9
xl05%
300
.100
100
Feb
10
15%
Graham-Paige Motors 5% conv pfd—25
Rapids Varnish
1
Gulf
105%
95
.
26"%
>.23
>
Grand
Mfg
Jan
3% Mar
Jan
Low
xl2
—1
—
98
;
xl2
,
Range Since January l
High
.100
D
9
Apr.
'36% Jun
a-..
xl2
Shares
:
preferred
preferred
Feb
7%
11
1
Jan
50
—
---—50
_
<-
2,800
310
4
:
8
5 %
King Seeley Corp
Kingston Products
Kirby Petroleum
1,800
v__
B
(Walter) & Co
Kimberly-Clark Corp—
4 % %
Low
Kings County Lighting 7 % pfd B— .100
5Va
5%
94%- 96%
—
common—
Great Atlantic
Kidde
9% May
for Week
of Prices
Par
27% May
..
Sales
Range
Last
Sale Price
Exchange
27
500
—
*.
class A
Mfg
<,
Apr
6% Mar
,
20
-
.
21
*
——
preferred—
Gorham Inc
Gray
..
7%
i
.
7%
112% 113 xl05%xl05%
—
——1
'
Goldfield Consolidated Mines
Gorham
-
4%
5
—
Inc common
-
Goodman
2,300
400
1,000
„
1
Sugars class A
B
Feb
23%. Jan
<
;
*
—
Glenmore Distilleries class B__
Godchaux
7
,'-X'
xl05%
•
2.50
Corp
Coal
Alden
»'
*
Co
Gladding McBean & Co
Glen
_...u_25.<
.105
;
4'%
5%
96 Va:'
*
Preferred
Gleaner
3%
York Curb
High
3y8 May
5% May
■
7%.
*
*
Gilchrist
25%
" -..7 %,-■■' 7 ,4
8Va;
8Vs
34%- 35%
;•>:—
1
•
(A C)
Low
X.l%Mar
100
New
!
,
General
Gilbert
Range Sine* January 1
i
I
2%
,
General
High
Week's
Friday
STOCKS—
Shares
2%
dep rets ord reg
JUNE 11
for Week
?%
:■
',, y
£1 1 General Finance Corp common-——1 >../x.»■
5% preferred series A
———10
8%
General Fireproofing common-.
• -.. 34%.,
General Outdoor Adv 6% pfd——100
General Phoenix Corp——--——1
4%
Amer
Range
4%
General -Alloys
EXCHANGE
ENDED
Sales
of Prices -
Low
>
Co—
—,
\
General Builders Supply Corp com—1
■5% conv preferred—
—25
Week's
WEEK
(2603)
X12
.
'11% Mar
Jan
4% May
17%
Apr
33% May
100%
Jan
33% May
13%
Jan
14 Va May
Apr
N
Nachman
Inc
Namm's
Jeannette Glass Co
common
l
Jefferson Lake Sulphur Co
L.
Jim Brown Stores common
Preference
Julian
&
1
•
i
Kokenge
Co
6%
6%
8
*'
6%
800
6
Feb
9%
6%
1
x7%
1,200
4%
Feb
7% May
1,600
4%
Feb
8
7
6%
8
5%
'
6%
700
4%
Feb
20 %
—
•
Apr
Jan
Jun
6% Jun
25% Jan
Corp
common
National
Bellas
National
Breweries
7%
Hess
Fuel
National Radiator
Kawneer
Kennedy's
1
pfd
Co
Inc.,
;
;
For footnotes see page 37.
.
10%
8%
16,800
Feb
123% Mar
*
:
11% Mar
5
•
Co
Machinery
National Steel Car Ltd
10
100
>
Key Co common
10%
National Rubber
.
7%
8
375
15^8
Feb
7%
Jun
15%
125
Jan
Feb
17% May
17
9%
Mar
Jan
National
Transit common
National Union Radio
Nelson
(Herman)
Corp
Neptune Meter common.'
Nestle Le
Mur Co class A
4%
Jun
4%
3%
4%
46,600
33%
32%
34%
810
29 v8 Mar
35%
Jan
36%
36%
25
33%
Feb
36%
Jun
ll7/e
12%
7,800
11%
Feb
12%
Jan
*
1
)
National Mallinson Fabrics
National
6% May
1
Mfg & Stores common
National Pressure Cooker common
K
Kalser-Frazer Corp
Kansas Gas & Electric 7%
I
Jan
4% Mar
2% Mar
25
Gas
18%
300
—*
common
common
preferred
National
6
12 Va-
14%
15 '/a
16
1
16
2
Xl5%
xl5%
4
8%
*
Feb
16%
12%
Apr
16
8 Va
10%
2,600
10%
700
15 % May
7% Mar
9%
15
*
1
5
5
12%
100
1,200
9%
10
:—30c
500
16%
!%-. "4%
3%
1,000
3%
Apr
17%
Apr
May
Feb
10% May
11%
Feb
Mar
21 Va May
Feb
4% May
2 Va Mar
3%
Jun
3%
6,900
12
12 Va
800
8%
Jan
13%
Apr
15%
15%
100
13%
Feb
15%
Jun
6%
300
4Va
Feb
3Va
6%-
7
Jun
35
36
YORK
NEW
RANGE
Friday
Curb Exchange
Ran re
of Prices
Par
New
England Tel it Tel
New
Clock
Haven
—.100 :
Watch
it
5%
New Mexico it Arizona Land—
1
New
Park
1
New
Process Co
Mining Co
—
common
N
Y Auction
N
Y
it
N
Y
Merchandise
N
Y
Co
_
•
,
7%
•
8%
1%
2
-6
~
ft
9%
10
31'/a
*
■
10% May
-
,
ft
2%
Feb
7 Feb
Mar
85
10%
27
Feb
32
Jun
15
Feb
14
17%
17%
200
9%
l
.
9%
32,700
14%
19
Feb
1
9%
100
100%
100 V* 101%
575
100
100
100
570
%
Hundred Corp
Nipissing
13
Mines—.
10%
400
11%
11%
11%
1,600
1
class B___
19 %
19%
20
1,600
<
Amer
,
Cable
Rome
4'ft
May
4'ft
Jan
8%
fiYe
Ryan
Ryan
1%
1,400
7%
4,300
200
Jun
18%
Class B
North
common
American
North
Central
Northeast
North
Oil
RR
48%
•
5
—
Airlines
Penn
7%
•
_
Utility Securities
Texas
7%
19%
19 T
.1
95%
_i
Co..
2%
__50
2%
ft 15
70
4
39%
95 %
12%
11%
12%
9,500
20 %
18%
20%
1,800
38%
Feb
34%
1,300
1
•
_
Feb
Ohio
Power
Oklahoma
Old
common
Co
4%%
47%
100
Gas
108%
103
Jan
Feb
42% Jan
13% May
22%
Omar Inc
Securities
104%
16%
500
prior stock
2%
Apr
9
Pacific
Lighting
preferred.—.
Pacific Power it Light 5% pfd..
Pacific Public Service
$1.30
Leather
Seton
Jan
32% Mar
800
29
Mar
32
102% 104%
1,120
101
Feb
Pen
Co
...
common.—
preferred
Corp
Feb
30 %
Apr
Feb
19%
Jun
11
Mar
13
Jan
Sioux
•
Traffic
48%
Co
Penn Water it Power
66%
7
6,400
5% Mar
1,040
4
Feb
6%
100
2
Apr
3
May
100
101%
Apr
108%
Feb
x
Philadelphia Co common
Phillips Packing Co
ZZZZZZZ!
•
Pierce
•
common
Johnson
Mar
54%
•
Ltd
Amer
Apr
Jan
Piper Aircraft Corp
Pltney-Bowes Inc..
1
1,300
48
Feb
100
2,300
4%;
3% Mar.-;
700
7%
Pleasant Valley Wine Co
Pneumatic
Powdrell
Power
6%
Scale
Jun
Feb
9%
<3z
2ft
29%
Jun
Alexander
Corp of v^inada
1st1" preferred
2ft
2ft
5,600
3%
3,200
2
2,200
xll
Feb
39
Mar
71%
71
72
16%
15%
16%
4%
18
•
r
6
■
i,
13
13
-
,
Z.
400
25
6%
St
Lambert
Service
18
1,300
3%
11
5
18%
Jan
6%
Jan
Mar
87
42%
common...
8%
8%
America
ft
14%
1%
1%
43
-100
8%
15
2,100
V37
ft
4,100
9%
ft
1%
9
8%
8%
8%
200
ft
93%
Feb
6%
Puget Sound Power
it
—100
98
.
Light
$5
prior preferred
Puget Sound Pulp & TimberZZZ"
Pyle-National Co common
.ZZZl
"5
Pyrene Manufacturing
.10
~
8%
16
Feb
2%
Jan
Jun
Feb
Jun
Feb
4
20
16%
Jan
74%
70
74%
1,500
62
76
Jun
107
18%
11
13%
Jun
8%
400
7%
Apr
11%
Jan
7%
1,400
264%
120
8%
35
x7%
7%
262%
260
v
ft,
36
May
Mar
838 May
6% Mar
225
Mar
270
May
Feb
4
Jan
88% Mar
90
Jan
28
May
3%
'•
25%
Apr
8%
Feb
2% Mar
3%
3%
3%
—-...
9%
x3%
2,000
400
10
14% Mar
Feb
Mar
4
n;
4% May
•
10% May
7% Feb
3'ft Feb
Oil
Penn
California
38%
98%
~8
Z
94%
98%
Jan
Feb
55%
13%
250
12
Feb
14
Jan
*
100
97%
Jan
90
6% Mar
8%
Jan
Stroock
(S)
Sunbeam
Feb
Sun Ray
2,520
79
148% 149
370
100
14
Mar
x96
Feb
151
Mar
22% May
25%
Feb
8%
Jun
48%
Jun
4%
Jan
.»
8
-
•
100
ft
43 '"
"9%
3%
/
Feb
Feb
9%
400
11%
Jan
23%
Jan
8%
450
3%
Feb
19% Mar
700
10%
21%
3'ft
ft
2% Mar
18%
18%'
11%
11%
11%
400
9%
27%
2,400
25%
Feb
2%
2%
3% May
Feb
27%
18%
2%
150
10,200
19%
17% Mar
ft ft
107% 111%
7'/a
90
1%
7
7%
1,000
4%
4%
800
~3%
3%
1/64
1/128
-jV
3%
4%
3,900
4
—1
400
3%
7,400
102
Jan
29
Jan
Feb
11% May
,
May
2% May
3
v.-
1% Mar
1U%
Jan
ft 7% May
ft'1% May
Feb
100
1%
27%
Feb
111%
Jun
6% Mar
8% May
3%
Feb
5%
2%
Feb
Apr
3% May
1/128 Jun
is
5%
3% Mar
66
66
66%
230
52%
Feb
68
27%
26%-
27%
17
Jun
Jan
% May
250
22
Feb
27%
Jun
17%
600
15% Mar
19'ft
Jan
7%
7%
300
7% Mar
8%
Jan
1%
1%
-2,000
%
Feb
5%
6%
7,500
5%
Jan
13%
13%
1%
400
15
15
15%
300
17%
18
200
16% Mar
33
34%
300
27%
Jan
;
35
May
5%
Apr
ft 7
! Jan
15%
16
650
13% Mar
1%
-
1%
...———.
....
14
1,400
ft
25c
——
16
-1"
.15
z
Jan
Feb
36
800
400
20%
"3%
——
Corp
ft;
4%
600
,4%
6%
3%
ft:'-
;ft'ft:ftZ
3V»
3%
3,600
3%
ft ft;
-
ft
'.
,ft2% JaU
•;
7% Ma y
13
Jan
14%
Jan
1
Feb
1%
Apr
13% May
15%
Jan
.'ft 20% Jan
17% May
2% Mar
10
1
Jan
12
600
1%
——-
Drug common
Jun
144
24%
6
St Co common..—
,
x96
Jun
29%
5%
—
Corp
Stop & Shop Inc.:
Jun
X75
Apr
28%
<
'
Co common—.—.
(Hugo)
28%
Jun
24% May
3%
& Co common.—.v.—
(J B)
Stinnes
May
28%
6
...—1
——
41% May
26
46%
48
....—.
§Sterling Engine Co
Sterling Inc.
Jun
36%
8
(A)
Feb
35% Jan
60
2,800
ft' 8
Sterling Aluminum Products.;—...
Sterling Brewers Inc.
—
May
31%
Feb
Jun
1,300
24%
—1
Corp
Jan
3,800
28
27
———1
Corp—
4%
47
Jan
28%
28%
27%
-*
Co
Steel Co of Canada
Stetson
50
(The)
ft
_*
—ft.———ft
Products
33%
1,000
ft 28'ft
27%
28%
Class B rights w.1—iftft.——.
Stein
38%
27%
com———1
B
Standard Tube class B
May
Jan
38%
U
Forgings Corp.—....—
1
(Ky)
ft-——10
preferred
Starrett
47
'•"«
Oil
class
600
4%
45%
preferred—
original
4
29%
Pipe Line
Edison—
Pa
"4
x46%
—12.50
common
ft
Feb
■
■
ft
3%
14%
Apr
'.
■
/
T
Jun
ft?,.-.,..,
1
14% May
Corp
Power &
Texas
Light
1%
Feb
11%
*28%'
28%
29%
1.200
2?% May
31%
13%
13'%
14
3,200
11%
Jan
16
May
118'%
Jan
124
Jan
1
pfd—
300
11%
•
•
common
Tampa Electric Co common.—
Technicolor Inc common
;
ZZ100
11%
10%
12
May
Jan
'
•,
__
'
'
warrants
Railway it Light SecuritiesVoting common
jn
Railway St Utility Investment~AZZZ
1
Rath Packing Co common
10
Raymond Concrete Pile common
~~ •
preferred
22% May
17% Jan
Apr
2,300
Taggart
convertible
Apr
Apr
■
3,600
Standard
9% Mar
-v..
ft
$3
108%
11%
13'%
Paper Mills—
Standard-Thomson
Apr
R
Raytheon Manufacturing
Jun
12'ft Mar
16%
3%
$7
Apr
500
14
Radio-Keith-Orpheum option
'ft 900
May
100
16%
: 13%
16%
13%
Common
Apr
96
88
--
104Jan
100
Standard Power & Light
May
55%
8
Z_
20
Z
s.
•
Superior Tool & Die Co—...——,
6%
preferred
Quebec Power Co
Mar
3%
Standard
Jan
13%
95
107
2%
12%
Standard
Jun
95%
common
1,800
Feb
Swan Finch Oil Corp..—
Oats
3%
Feb
Superior Portland Cement, Inc
Quaker
Zi
16
Dredging Corp common—;__1
$1.60 convertible preferred———20
May
55
55%
3
12%
Standard
44% May
Mar
8%
Jan
ft 14% May
Feb
500
1%
Jan
15
Mar
of
Colorado—
cumulative preferred
4%%
72%
Jan
9% Mar
Producers Corp of Nevada
Prosperity Co class B
~"
Providence Gas.
—ZZZ—.
Public
41
Feb
4% Mar
common.
Co
Prentice-Hall Inc
Pressed Metals pf
4
13%
58%
14%
5,900
13%
Jun
8%
■
2,100
ft
4%
18
5%
330
...
*•!
Pratt
Mar
Feb
12%
....
...Z™
common",,
May
15% May
1,600
'
Jan
Feb
22
2%
common
Mining Co
13
Feb
2,300
25
4.88% cum preferred
25
4.56% conv preference—...
25
4.48% conv preference
—25
4.32% cum preferred
25
Southern Pipe Line
——_—...1
Southland Royalty Co
5
Spencer Shoe Corp—
*
Stahl-Meyer Inc
-•
Standard Brewing Co
—2.78
Standard Cap & Seal common——_1
Convertible preferred
——10
Jun
6%
600
ft
Jan
12%
3
.
ft
3%
5%
11% May
6
Jan
11%
8%
600
29%
67
9% Mar
12%
ZZZl
common
Pittsburgh Bess & Lake ¥rie~RRZZZZ50
Pittsburgh it Lake Erie——;
50
Pittsburgh Metallurgical common
5
Polaris
28%
2ft
13
Jun
1% May
r
12%
Southern
shares
Pioneer Gold Mines Ltd
10% Mar
200
Jan
4
Feb
% Ma
15%
ft'
-
(Howard)
Southwest
Jan
5%
10%
7%
28%
600
1%
20
—
Governor
Pinchin
12%
15
Z
15%
<*„•
Manufacturing Co..—.—
South
6% May
•
4
4%
•
Jan
39
11%
10
10%
....
May
700
67
4%
■
650
47
65%
"4%
Jun
Jun
5%
Jun
11%
—50c
common
12%
2,700
——1
Smith
Solar
26% May
Jan
-
46%
20
800
15
12%
4ft
1%
-1
Soontono Corp
———I
Soss Manufacturing common—..
1
South Coast Corp common
——1
Jun
Jun
2%
108% 108 %
ZZ.ZZZ —2.50
'
Solar Aircraft Co..
48%
'
4%
108%
85
87%
May
l'ft
£1
preferred—
"**
'■
*
"
5
4
Perfect Circle Corp
"
42% Mar
4%
...
£k&ris Tire & Rubber
~6%
112
Feb
•.
May
2%
6%
Co_._ZZZZZZZZ.Z_*
Pep Boys (The)
Pepperell Mfg Co
*'
3
Jun
& Elec Co—'-
City Gas
3.90%
24% May
80
10
2 50
...
31
Feb
23%
•
ZZlOO
pfd
Feb
17%
25
~6%
Jun
23
100
48%
27%
Feb
74
500
3%
3%
1
100
common
10
common
4%%
Simplicity Pattern
75
108-108
common
Penn-Dixie Cement warrants
ZZZZ
Penn Gas it Elec class A
common
Penn Power & Light
Penn
Jan
39,300
•
Pennroad
96
Jan
13
50
300
4%
Jan
4% May
Feb
19%
Publications—
$3 convertible preferred-——
19%
600
1% Mar
13%
Simmons-Boardman
Jun
13"
'
Telephone
104%
18%
ft"
3,150
53% *84
.
8%
Singer Manufacturing Co—
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
23%
22,700
4%
Silex Co common
15% May
30
4%
Apr
25%
22%
;
100
27%
3%
24
«
Mar
30
X84
ZZZ*
13
$1 cumulative preferred.
4%:
26'ft
ft
15%
Ltd
12% Mar
23
24%
21%
16%
ft.2ft.
—*
of America class A
Breweries
Slck's
23
.
Jan
20% Mar
6,700
21%
"ft
.100
—
100
23%
Jun
2%
100
2%
-25
—
18%
Parkersburg Rig & Reel
ZZZZZ
Patchogue Plymouth Mills......
Peninsular
Feb
91
19%
Feb
•
Co—
100
Z
Pantepec Oil of Venezuela Amer
Paramount Motors Corp
Parker
475
ft
Feb
18%
2%
*_Zl
Shattuck Denn Mining
25%
15
Jun
5
Shawinigan Water & Power—
2,800
94
3%
•'
Sheller Mfg
9%
;;
1% Mar
-
;
.
18%
—1
May
31%
15
400
common—
May
35%
93%
Jun
Jun
3%
—1
17%
30%
__
34
19%
2%
1
common
25%
com.
preferred—
Page-Hersey Tubes common
Feb
Feb
,
75% Mar
13
8%
34%
1st
27
10%
3
—25
Safety Control—
Serrlck Corp class B__
10% May
36
Apr
102%
2,200
3,400
ZZZl
24
34%
$5
3% Jan
34
19%
Jun
,600
8%
2% Mar
33%
18
—
Sentry
Jan
13
30%
pfd.Z
preferred.....
Jan
Apr
4'ft May
33%
*
...
Corp
Radio
Sentinel
Jan
38% May
Shoe Corp
1st
2%
3%
Feb
3
2,600
3%
Jan
1% Mar
500
Jan
Apr
19%
"ZZZi
Sherwin-Williams of Canada..
5% %
2%
3%
ft
"
13%
12%
2% Mar
6,200
4%
■"
•
38%
7% Mar
1,400
6,700
/ft;'1100
3%
4*
8% Mar
27% Mar
2,500
:
2%.
2%
4 %
1
Inc
B)
(R
Feb
6%
Jan
certificates
Allotment
Semler
4 %
,
6%
3
1
1
Industries Inc common—
—15
stock
Sherwin-Williams
Pacific Can Co common
Pacific Gas it Elec 6% 1st
4% Mar
10%
—
Jan
7%
300
11 %
IZZZi
Co
Shoe
16
1,000
12%
Apr
Apr
5%
37 »ft:
25
,
14% May
50
21%
12
21
16%
20%
1
_i
7%
11%
10%
—.——
Segal Lock it Hardware..
Jun
Jun
6%
13
sharesIZZ-
....
109%
Feb
200
6%
48
Apr
30%
Jun
Jan
36%
Bros Inc....——.——
Seeman
1% May
Feb
Jan
90
•
^
O'okiep Copper Co Ltd Amer
33
900
t
38
6%
6%
1
class B
925
108% 10.9%
37
1%
2,100
1%
48
11%
Jan
7% Mar
3%
Jan
$5.50
1%
10
300
8,700
10%
Convertible
46
38
15
Distillery.........
Oliver United Filters
Overseas
1%
•
common..
preferred.,
Natural
Poindexter
50c
...
class B
100
5%
11'ft
.1
Co common——
Securities Corp General—
O
Corp
Brass
Apr
5%
10%
—25c
Steel
Selected
Ogden
Feb
16%
Jan
,
Jan
10%
37%
—
Manufacturing
Bcovill
flelby
Ohio
11%
14%
Jan
May
8%
7% Mar
125
.ft,-"
11%
Sayre it Fisher Brick Co
Schulte (D A) Inc common.....
Jun
Apr
7.
16
16
1
—
(Del)
Inc
Oil
Savoy
Scullin
Northrop Aircraft Inc
Novadel-Agene Corp.
...1,400
ZZZZ50
....
United Corp common
Samson
May
3% Mar
Feb
97
8%
38
Jan
5%
•
Northern Indiana Pub Serv 5% pfd.100
Northern States Power class A—25
17
5%
«
Ltd com
pref
conv
Salt Dome Oil Co—
21% May
Jan
90
Jun
$2
A
Class
47% May
Apr
Mar
2%
2,400
3
95%
48%
Mar
33
300
1,000
Jun
5%
25 %
ft
7% May
Feb
33% Mar
100
3%
19%
3%
t
*'
6%
13%
Feb
Feb
8t Lawrence Corp
North Amer Light it Power common__l
North American Rayon class A
•
Apr
1% May
13% Mar
lft
xl7
Mar
37%
10%
—1
•
1
Aeronautical Co
Consolidated Petroleum
Ryerson & Haynes common
10% May
12% May
% Mar
3,900
48%
47" "'47
1
93
4Vs Mar
3,000
11%.
1.25
Russeks Fifth Ave common
Jan
20
Mar
9%
400
36
15%
May
Jan
900
4%
32%
36
Jun
1
Feb
2% May
Jan
24% Mar
Rotary Electric Steel Co..—.—...
Rowe (The) Corp common
102
9ya Mar
4% May
Jan
87
ft
Co
117
8%
1%
110
12% xl2%
12%
Corp common———
Inc
Petroleum
Apr
12
92
23
Field
Roosevelt
Root
ft"
Feb
16% xl7%
1%
5
—
Noma Electric
10%
—
7,200
High
3% Mar
Ltd—
dep rets for ord reg
% Mar
92
*92%
1,700
•
5
Niles-Bement-Pond
Nineteen
100%
%
9%
Feb
7
2%
2%.
90%
92
Royalite Oil Co Ltd
Niagara Hudson Power common
5% 1st preferred
5% 2d preferred
;
Class B optional warrants
Niagara Share Corp class B com
1,100
Rolls Royce
Corp—
Pounders share*..
Range Since January 1
Low
4%
■
May
13%
Shares
High
4%
2%
t c
v
pfd F— .100
Roeser & Pendleton Inc new com"
Jan
300
600
—
Rochester Gas it Elec 4%
Jun
May
Low
4%
1 -
for Week
Co—
Gas
Valley
Grande
(Texas Corp)
Apr
Feb
Rio
Jan
9
500
ft
31'/a
13%
—10
12%
72%
75
10
30%
Apr
1%
700
Richmond Radiator
Jan
Jan
59%
6,900 ft
.
Range
of Prices
Par
May
6
Mar
10
100
__
10
;
3%
1,600
-
96
Sales
Last
Exchange
Curb
High
82% Mar
4,000
7%
-
2
common—
_
5%
10%
72
•
_
Honduras Rosario
Shipbuilding
5
10%
71%
25
479
York
New
Range Since January 1
Low
93?#
Week's
Friday
Sale Price
STOCKS—
Shares
69 %
20
New Jersey Zinc
ENDED JUNE II
lor Week
High
91f
91
_1
Co
convertible preferred
4%%
Low
Monday, June 14, 1948
EXCHANGE
CURB
FOR WEEK
Sales
Week'*
Last
Bale Price
STOCKS—
York
New
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2604)
4
2%
2%
2%
10,500
—
20
Feb
3% May
1%
■
28%
20
1%
150
100
28%
29
175
300
34% ft
34%
35
52%
52
52%
30
5
8%
8%
16,100
7%
14% Mar
%
28%
20
Thor
Tilo
May
1% May
Feb
Shovel Co
new
31
* Jan
36
May
Tishman
Jun
55
Mar
Tivoli Brewing
Feb
9
May
Tobacco
Realty
&
.
.5
.—1
——..
Roofing Inc
Jun
30% Mar
5
common
Corporation common
52
5%
2
Texon Oil & Land Co
Thew
ZZZZZ*
common..
1%
J '
20
&' Construction
—
14%
1
16'%
•
52%
7
Co
Allied
Stocks...
11%
__
__
Feb
17% May
19 % May
18%
19
1,200
18
May
19
19%
500
16
Feb
21
Jan
14
15
600
12%
Feb
15
May
16 %
678
52%
16%
7
52%
600
1,800
100
11% Mar
5%
Feb
49% Mar
18% May
7%
54
Apr
May
•*
Tobacco Security Trust Co
Reed Roller Bit Co
•
—
Regal Shoe Co
ZZ~~
1
Reis
(Robert) & Co
Z ZZZZ 1
Reliance Electric it Engineering._ZZZZ5
Rice
Stix
Dry
Goods
For footnotes
see
i
page
•
37.
5
2%
24%
4%
24%
5
600
19% Mar
1.900
3% Mar
Anr
3%
Feb
25%
1,200
i57*
25%
23
25%
2,675
18%
30
30
31
1,200
24% Mar
2%
2%
,
25'ft Apr
5%
32
Jan
rcts^ord regis..
Amer
dep
Amer
dep rets
Jan
Todd
Jun
Toledo
May
Ltd—
def
regis
Shipyards Corp
Edison
4%%
pfd
100
340
88
126
100
99
1
50
1,300
6%
1%
5s
*
Tonopah Mining of Nevada
7
124'% 130
7
—£1
1%
99
1 %
99
1%
Feb
Feb
7%
1%
Feb
Jan
Feb
136
May
92
Jan
99
Jun
1
Mar
1% May
WM5W1H5WWIWI,
,
Volume 167
Number 4707
THE
COMMERCIAL
NEW
YORK
RANGE
Friday
STOCKS—
New
York
Curb
Week's
Last
Trans
Lux
Corp
Tri-Continental
Trunz
1
5%
warrants—
Inc
_•
convertible
5%
3%
4
30
1
corn..
5%
30
6%
Va
4% May
Feb
29 % Mar
100
6
31
__
Last
Period
Sale Price
or
Friday's
Bid & Asked
5s
9
Jan
stamped
1961
MS
1950
—
12
Jan
Grand Trunk Western Ry
Green
J-J
$42
Corp
Chemical
of
10c
Corp—:
Mountain
Power
4s.
Union Investment Co
2%
2%
3,900
1%
Jan
2%
3%s__—1963
4^4
5%
7.000
4% Mar
6%
J-D
5% Mar
8%
$101%
Jan
1949
A-O
$101%
1970
M-N
6
6%
J-D
Jan
4
8
1,700
—
—
Apr
United Aircraft
United
Products
Chemicals
United
Corp
United
Elastic
*
A6%s
%
A6%s
A 7s
i.—___7
21%
57% May
62
Jan
2,000
1,500
%
20%
20
4%
xl9%
Jun
14,500
ft
100
31%
Apr
16
Feb
*20%
17%
Feb
22 %
20
Feb
%
19%
97%
62%
10
91% Mar
35%
351/4
20
3%
38% Mar
4,100
21%
4% Mar
Jan
15,400
62%
Jun
% May
Feb
B
Power
61
(Dec
series
A 7s
E
series
A7s
1941
coupon)
—
1941
coupon)
—
ADebenture
__
100 y3
102%
103%
105%
30
17%
27%
27%
6
17
27%
27%
9
17%
27%
.27%
3
16%
27%
17%
27 y3
J-J
$27%
30
27%
JS
27%
~2
17%
27%
61
62 Va
62%
55
55%
62%
Hydro-Electric Co—
with Nov
ex
1940 coupon
1
Nov 1
1952
1947 coupon—
$24%
1952
Altalian Superpower 6s
May
60
103%
.
ctfs_
escrow
A 7s
Apr
103%
56
100%
...27%
1952
A7s
36% May
16
__
27%
F-A
1952
F
(July
58
$27%
1957
Interstate Power Co—
Isarco
57%
27%
1957
__
(Aug
58
1955
1941 coup)_.
1
JS
102
Sec—
C—
series
A7s
50
59%
56
_•
$13
1963
JS
26
■
21%
20
28%
16
17
15
18
25
~3
107
__
21%
'
Products
•
-AM
•
—
-100
248
common
:_
*—
62 %
.
Corp__
Preferred
4%
%
4
_*
United Gas Corp common...
United Light & Railways
United Milk
50c
97%
59 %
..100
com__
common
warrants
96%
series
International
Union Oil Co of California—
$3.75 pfd series A
Union Stock Yards of Omaha
High
102%
$105% 106
1955
Jan
7%
~i
103% 103%
A-O
Apr
7%
Low
38
100%
1949
A
ser
Indianapolis Power & Lt 3%s
Jun
5
*
-
January I,
No.
$101%
_—1958
6s
2%
5
Canada—;
37
Range Since
Sold
50
Jan
U
Unexcelled
Bonds
High
Guantanamo' & Western 6s
Union Gas
s^r^^VCw^C
Week's Range
Interest
Exchange
Hygrade Food 6s
Ulen Realization
Y,tl«ih,h,»h**'*i'*<i"*f** ' I
May
:
Feb
SVe Mar
—
•»■•!
Residential Mtge Bank—
Finland
Apr
•
preferred
Curb
Low
1%
25
6%
York
High
6%
t».
11
New
4% Mar
16,000
30
6%
JUNE
Friday
2,400
'*
EXCHANGE
ENDED
Range Since January l
Low
•
(2605)
BONDS
Shares
High
3%
*
Tung-Sol Lamp Works
80c
L010
CURB
FOR WEEK
!►
CHRONICLE
for Week
of Prices
Par
FINANCIAL
Sales
Range
Sale Price
Exchange
&
<M
,
.«
W
-
25
•
30
Jan
25%
.J
Jan
Jan
United Molasses Co Ltd—
Kansas Electric Power
Kansas Power &
.1966
Light 3%s
J-D
.1969
3%s_—
JS
$104%
108
108
109%
'
Amer dep rets ord regis
United NJ RR & Canal
■
United Profit Sharing com__
10% preferred
United
_25c
Specialities
Conditioning Corp
S
and
$5
1st
1,000
Jan
1% Mar
7%
50
7% May
10%
Jan
57%
4,975
54% Mar
Apr
x4o%
X40%
40%
390
38%
Jan
62%
41%
10%
400
8%
Feb
10% May
3%
16,600
17%
,2,600
10c
3%
1
16 %
—J
International
U S Rubber
10
Securities
common—
*
4%
Utah-Idaho
_
Feb
Feb
New
May
18 % May
2,100
12%
Feb
700
V/a
Apr
3
2%
400
2%
Jan
3% May
800
38%
Jan
65
'.V
Jan
67%
28%
3Va
2,200
22%
22%
300
22
May
23% Mar
50
3
3%
Utah Power & Light common...™
101% 101%
1963
A-O
1967
to
Af-S
65 %
65%
J-D
1
3
Ohio
29
Jan
3%
Feb
2%
1st mtge
Jan
1st
1968
1971
mtge 3%s
3s
*
—
A-O
Lexington 1st mtge 3s
—1964
Pennsylvania Water & Power 3%s_1964
3%s
common
1
__
Venezuela Syndicate
7%
,
4%
7
Mar
10
Jan
80
Apr
98
Jan
63
7%
8%
4>
•
_
V 1,000
30
8%
85
*8%
20c
Inc.—
Vogt Manufacturing
8%
5
__1
Petroleum—.
4%
1,900
15 s.
200
15
Piedmont
Hydro-Electric
6%s with Oct 1
A6%s
Public
10,400
5%
Feb
9%
2% Mar
xl2%
Apr
4% May
15% May
Feb
J-D
Wagner Baking voting trust ctfs ext.*
7%
preferred
100
101%
103 %
105
108
2
101%
103%
1
82%
1
103%
105%
103
106
19
34
92
105% 105%
25%
$13
M-N
1952
157%
25%
,
9%
10%
500
~I% 1%
400
$2 cum preferred
Waltham Watch Co
1%
8
157% 158
M-N
$99%
Af-8
Wentworth
1
Manufacturing
West Texas
~3% ~4%
6%
—
__
2%
V:
1,25
Joaquin Lt & Pow 6s B——1952
Southern
inc
1
2%
California
Counties
1st
Williams
Wilson
5%
Brothers
preferred
Winnipeg Elec
Industries
Jan
140
Feb
161
May
29
33
39%
May
Apr
37%
150
17%
22%
Mar
25 %
Jan
14% May
18%
Jan
16% Jan
400
9%
23
400
12
6
25
10%
10
100
12
12
6
/
6%
24
Gas
G)
(A
3%
600
Feb
American deposit receipts.
17%
75
14
Jan
22
300
17
Feb
95
Jan
102
3y4s
J-J
1970
100
100
100%
96%
102%
A-O
118% 118%
114 %
118'%
1966
inc 5s_
A-O
trust—
\
—.1948
Industries—
stamped
65
12%
12%
200
10 % Mar
14
63%
75
28
22
30%
22%
22%
21
30
26%
26%
2
102% 102%
23
'
J-J
$22%
(Hugo)
2nd
1946
A-O
Hydro-Electric
Terni
Co—
A6%s with Aug 1 1940 coupon—1953
A 6%s ex Aug 1 1947 coupon
.1953
United Electric Co of N J
United
Electric Service
A7s with
A 7s
Dec 1
Dec
ex
1
Waldorf-Astoria
4s
26%
J-D
$25
coupon—1956
XI6% X17%
700
13
19%
~2%
M-S
J-D
West
Penn
Electric
West
Penn
Traction
79
78
—2030
$107
1960
5s
J-D
$120%
5s
2 19 "
3
Interest
Exchange
Period
.1970
"5A "2%
.1953
J-J
.1955
M-N
.1964
5%s A.
Bell Telephone of Canada—
6s series C_—_—
Steel
Edison
6s
7%
Apr
,
"2
5,500
Mar
or
Friday's
Bonds
hold
Range Since
January 1
Low
107% 107%
7
102%
108
99%
37
92%
20
96
103
High
99,
102%
108% 106%
-
20
103%
High
r
F-A
1969
100
■.
Friday
V1''
York
New
Curb
Interest
Last
Period
Sale Price
Exchange
Agricultural Mortgage Bank (Col) —
A 20-year 7s
—.April 1946
A 20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s
1948
Danish Cons Municipal Loan—
*
External 5%s
1955
ALima
j-d
*110% 112
109%
111
.1998
Q-F
$155
162
168
.1970
—
J-D
102
166
101% 102%
55
98%
•
102%
City
AMedellin
Mortgage
•;
Week's Range
or Friday's
Bid & Asked
.1948
5s
Jan
Debenture 5s_.__—
91%
93%
46
81
82%
93
94%
30
104% 104%
m-s
11
104
105%
95%
107
.1977
J-J
J-D
104
J-J
100%
A-O
M-N
A7s
AMortgage Bank of Chile 6s
Mortgage Bank of Denmark 5s
87%
106
87%
83%
407
78
88%
104
2
102
106%
100% 101
2
Peru
104
*100
104%
105
>
201
98%
101
97%
101%
iT03%
—
mtge 4s
A 1st
ser
&
Fuel
Elmira Water Lt
Ercole
Marelli
&
Elec
A6%s With Nov 1
A6%s
A
.1954
A-O
ex
Nov 1
RR
5s
Mfg
103%
109
Interest
ARussian
$113
—
112%
—
1940
M-N
1993
1956
62%
€4%
May
J-J
MS
32
84%
66
78
3
6
8
4
12
15
24
35
U-N
'
30
32
39%
$42%
17
v
A-O
42
J-D
J-D
42%
42
$25
$63
42%
44
-
44%
22
71
81
25
27
13%
15%
18
70
22
24
44%
103
$110
.
64%
27
55%
45%
9
29%
103 %
3
97%
-
112
$25%
$13
27
31
$24
stamped
reduced
to
Government
15%
14%
27
15%
(Plan A)
2%—
j-d
M-S
2012
6%s——1919
J-J
1921
—
-V
$23
24
123
*
■
2%
'■
3
39
2%
3%
2%
3
15
2%
3%
64 %
Odd-lot
par
value,
a
transaction
46
•Friday's bid and asked prices; no
103%
ABonds
ffic-interest.
div.
b1 Exincluded in years range),
rTransaction for cash
y Ex-rights.
sales being transacted during current week.
being
traded
flat.
§Reported In receivership.
112
31
Deferred delivery transaction (not Included in year's range),
d
(not Included in year's range),
f Ex-distribution,
g Ex-stock
principal.
nUnder-the-rule transaction (not
(not included in year's range), x Ex-dividend,
:
1953
'
—
Abbreviations used
coupon__1953
')
39%
115
Co—
1947 coupon
62%
31%
28
JS
de Janeiro
Rio
e
1965
3%s
$24
js
A5%s
.1993
mtge 4s ser B_—_.
61%
58
13
2008
•No
1st
13
2%s (ser A B C D E)—_—-1997
(Republic of)
to
is
100%
Delaware Lack & Western RR—
Lackawanna of N J Division—
Eastern Gas
65%
"' f '
"3
6%
M-N
J-D
1931
1972
stamped
fPlan A)
Interest reduced to 2%s
Parana
—
_
High
12
66
6%
1
Low
No.
80
66
M-J
7s stamped
_____1951
Bank of Bogota—
"
Sold, yj,,, January
Jm
35
$66
J-J
2008
gun.""
"#'*)] fit.
—
.—
35
F-A
6%s stamped_1958
.
'
M-N
1952
.
105%
105%
.1962
Gen mtge 4%s
103
16
.1981
City)
22
100
.1976
debs
(Bait
103% 103%
106
—
1st ref mtge 2%s ser Q
1st ref 2%s series R
Gas
103%
m-q
.1969
_________
a-o
.1969
Debenture 3s___
conv
;
90
91
.1958
_
Consol Gas El Lt & Pwr (Bait)
1st ref mtge 3s ser P__
2%s
M-S
1966
Debenture 5s
Consolidated
J-J
.1954
$62%
,'v
BondsRange Since
>'61%
High
$62%
—
J-D
(issue of May 1927)
1947
(issue of Oct. 1927) ———1947
A7s
redeemed)—
(Peru)
Maranhao stamped (Plan A)
Interest reduced to 2%s—
.
A-O
js
—1953
5s
Danzig Port & Waterways—
A External
6%s stamped
■
Cities Service
J.V
.
103%
99%
100
Foreign Governments & Municipalities
External
106%
.1960
...
2%s
A5%s (20%
120,
•
6s conv s f debentures—
100
102% 102%
G9
NO.
;
•ICentral States Electric Corp—
A5s (20% redeemed).....
,
107%
117
:
—
May
22% May
Feb
Bid & Asked
j-j
4%s___
Atlantic City Electric 3%S
Boston
107%
Newspaper Union—
19
Week's Range
Last
Bale Price
J-D
Associated
Bethlehem
79
107%
102%
106
—£1
Appalachian Elec Power 3%s—
Absoc Tel & Tel deb
72
79
107% 107%
A-O
May
300
Low
Electric
27%
Jan
8
Friday
IXl-l
18
27
Hotel—
1954
Jan
9%
7%
BONDS
Curb
103%
$13
1956
.1964
Western
38
102%
Co—
1940
1947 coupon
income debs——
A 5s
19
$16
—1949
Washington Water Power 3%s
Jan
X17%
.
York
105%
67
Low
.
101
104% 104%
102% 102 %
fun.,'.
New
98
M-N
Ml"
X
105 %
100
F-A
—1989
(Hugo) Corp—
3rd stamped
A7-4s
■
'.n
105%
.—1950
5s
BONDS
'
105 %
104%
101%
Apr
12%
—5s
6% preference..
Wright Hargreaves Ltd
101%
7% May
17%
21%
100
Woodley Petroleum..____
Woolworth (F W) Ltd—
36
104% 105
12% Mar
—1
pfd
104% 105%
$105% 106%
11% Jan
22
*
Inc.—__
101
113% 113"%
97% 101%
May
Feb
Feb
—2
—_
______
A7-4s
Elec
&
103%
100
—:
113% 113%
104%
J-J
158 Va
98
$100
A-O
_197l
collateral
Stinnes
May
11
,
9% May ''
10
25
6%
Feb
17% Mar
700
10
l
1
w__—
common..
Wisconsin Pwr & Lt 4%%
Woodall
112
13%
•
common..
w
10
20
158
140%
(Calif) —
mtge 3s
Southwestern
10
155
16
_5
___
2% May
>
*22% Mar
10
(R C) & Co
Products Inc..:
Feb
Gas
M-S
•
1973
3%s__—1970
Gas
113%
A-O
3s__—1965
...
Southern
May
115% Apr
1
—_
Wichita River Oil Corp—
Wickes (The) Corp
—...
Willson
1%
6% Mar "■»
1,400
Edison
California
Apr
700:
9%
1951
3%3 series A
Jun
2%
:
37
1
Co..
&
6%
6%
—.—10
Weyenberg Shoe Mfg
(Wm)
2% Mar
"2% Mar
25% Mar
155
20
—;
400
9,100
6%
8%"
Jan
13
mtge 3s
Southern
Jan
112% 112%
$6 preferred
._•
Western Maryland Ry 7% 1st pfd—100
Western Tablet & Stationery com
•
Westmoreland Inc.—-
5%
9%
Utilities
Westmoreland Coal
2%
29
$99% 100
110% Feb
Apr
8% Mar
l
,
Ward Baking Co warrants—
Aircraft Corp
Whitman
1%
30
Warner
Feb
Feb '
107'
1
-.J.
3% May
10% May
May
1%
50
92
50
—
A-O
Stinnes
200'
3
...
Waitt & Bond Inc
'
19
$104% 105%
Co—
coupon—1960
1960
1940
5%s series A_—;___
5s
W
3
107%
29
92
JS
6 % perpetual certificates
Queens Borough Gas & Electric—
AStarrett Corp
•
104
102% 102%
Oct 1 1947 coupon
Service of New Jersey—
ex
Spalding
Waco Aircraft Co
67
105
103% 103%
JS
——1970
—
Scullin Steel
$4 convertible preferred
58
102%
107% 107%
107%
A-O
Park
22% May
19% Mar '
Power
San
Venezuelan
101% 102
11
105% 106%
M-N
Engiand Power 3%s
—1961
4s—.*—2004
65%
103% 104%
104
Safe Harbor Water Power Corp 3s_1981
Valspar Corp
1
-%■
N Y & Westchester Ltg
Apr
19% Mar
28%
101%
RR—
Extended at 4%
5% May
86
2%
63
Valley
F-A
1956
Milwaukee Gas & Light 4%s—
A
••v
„
—5
——
Jun
2%
—10
common—.
Sugar
;
10
—
3%
2%
2%
10
—
.
1%
70%
18
V
Midland
19 % May
Feb
275
85 %
17%
Reclaiming Co__—I
._50c
Corp com
'j.
—l.
2 % Mar
11%
12,100
84
18
Jan
Corp deb 4%s
'
5
85
1
Stores
Universal Products Co
4%
*
___
Universal Consolidated Oil
Universal Insurance
2%
16
McCord
Jan
2
7%
x55%
preferred with warrants-
U S Radiator
United
1 %
245
x56%
.-1
common
U S Foil Co class B
U
1%
10
25
—10
.
Machinery common
Preferred
U S Air
248
25
Shoe
United
5% May
249% Jun
5% May
tive:
"w
abov*-"cod," certificates of deposit;
"conv," convertible; "M," mortgage;
i," when Issued;
"n-v," non-voting stock;
vtc,
"x w," without warrants.
"w w," with warrants;
voting trust certificates,
"
,
Wt-Mf 1f,jm«*fc'WUi»!W»W»HfW^ 11M»J
38
(2606)
COMMERCIAL
THE
&
OTHER STOCK
RANGE
FOR
CHRONICLE
FINANCIAL
WEEK
Monday, June 14, 1948
EXCHANGES
ENDED
JUNE
11
Friday
Baltimore Stock
Week's
Friday
Last
STOCKS—
Sale Price
of Price*
Par
Arundel
Corporation
15%
1st preierred
t c
v
515
3.75
16%
306 %
2
Mar
5
—20
Fidelity & Deposit Co
preferred
Chicago Mil St Paul & Pac vtc.
12
Apr
23
Jan
5
144
Mar
160
May
152% 152%
13%
Jan
16%
Jan
Chrysler
Cities
New
U
20
S
93
100
preferred-—
105
2
Casualty
Amsterdam
Fidelity & Guaranty—
National
Western
Bank
Co
,52%
65
Jan
108
105
Jan
106
52%
300
44%
44%
30
Feb
28%
44%
Feb
52%
44%
series
1975
4s
50
44
50
47
,*.1975
——
56%
$32,000
43
Jun
68
45
Jun
77
Week's
Tel
American
Woolen
Anaconda
Copper
&
Sales
37%
10
x34%
Lighting
Mfg
x50%
52%
38%
39%
59
158%
52%
100
—
X156
«
xl56
.52%
50%
"—50
——
-2%
—
Corp
38%
bird
8on
&
Low
Corp
Mills
Drive
Albany
Edison
Boston
Elevated
21%
__
RR——————100
.121%
Refrigerator
Safety
——^
100
Stamped
-A—.——.
100
18%
•
25"%
Boston Herald Traveler Corp
58%
10
1
64%
62%
•
37%.
10
(W H)
Lakes
common
common
7%
Dr
Dk
100
High
Jun
Jun
Hupp
147% Mar
158%
36% Mar
578
30%
VV 18
15
40%
Corp
common
preferred, stamped
C 1st pfd stamped
7%
class D
Co capital
Boston
pfd stamped
Prup Trust
19%
25%
Personal
115
,
Kellogg
Feb
Leath
43% May
Mar
36%
Jun
21%
Feb
Cities
&
Hecla———
Service
Eastern
Street
&
Co
19%
Apr
6%
1st
6%
preferred
preierred
28
Mar
Middle
32
Feb
3
1,180
May
40
50
48
4
5% Mar
7%
■
Apr
Apr
18
220
13% Mar
18
225-
34
55
100
66
■,
SS
Ir.c
Lines
7
•
141
6%
Feb
58
;.
269
31%
Feb
3
25
66
67
30
66
86
Employers
8'7
50;
81
3
General
Capital
General
Electric
Gillette
Safety
Corp
2%
Isle Royale
Copper
Kennecott
Co
Copper
Lamson
Corp
Co
Boston
Loew's
5%
preferred
7%
Apr
North
Jun
58
Northwest
Feb
3%
Jan
Jun
72% Mar
Feb
"
93
Oak
American
Manufacturing
Ontario
Mfg
Coal
England
preferred————
46.35
55
46.35
Jun
Quaker Oats Co common.*.—
42
38.90
1,947
38
426
4
V
4
Feb
31% Mar*
42% May
28
39% May
Feb
i-
\r
*.
Rath
7
3%
Jan
?■ 4%
Apr
Feb
58%
Jun
Serrick
28
41%
Jan
48
Apr
Shellmar
-
-,
Pennsylvania RR
Reece
Steel
...100
—
51%
52
85
31%
Feb
Society
34%
34%
75
28%
Feb
55% May
36% May
L
51%
52%
75
41% Mar
54
30%
155
19% Mar
30%
Drug.
&
S
40c,,
11
117a
1,400
;
10
v": 147a
30c
„
9372
320
147/a
Feb
Mar
160
66c
67c
387a
39 72
21%
197/a
2172
6
53/4
•
—
1
Jan
South
•).'
83
1072
Mar
•
.
Co
*
Shoe
Brand
Bend
Louis
5
Rubber
Waldorf
System Inc.—
Westlnghouse Electric Corp
96
•>
Apr
<
14%
/
Nat
Storkline
Jun
Sunbeam
16%
Feb
Feb
,38c
1,505
33/4
14%
180
ll7/a
Apr
190
53/8
Feb
6
14 7a
Apr
May
Jun
Jun
77/a Mar
Feb ;
15
290
13%
16
305
117a Mar
16
May
40
280
347/e Mar
41
May
417a
120
55%
2,882
56
57
1,600
467a
157a May
14%
147/a
Friday
337a
Corp
Par
Adams
Admiral
Mfg..
I—
Corp common
Alum Castings
(J D)
*
i
X14%
Swift
&
Texas Co
Thor
Steel
Automobile
Washer
common
Avco.Manufacturing Corp
3
Belden Mfg Co common
Berghoff Brewing Corp
—10
Manufacturing Co capital1
Bliss ti Laughlin Inc common
-2%
Burg (George W) Corp
—10
Brach & Sons
Bruce Co
Burd
(E L)
Piston
common.
(E J)
capital
common
Ring
,
Burton-Dixie Corp
Butler Bros common—
Carr-Consol
Castle & Co
Central
111
Biscuit
(A M)
common....
For footnotes
page 47.
14
X58
Mar
158%
Jun
15
6%
3%
May
2% May
Feb
Feb
8
Feb'
4% Apr
7% May
Feb
1774
Feb
Jan
207a
11
200
400
200
58
100
Mar
15
.
Feb
974
Mfg
Stocks—
Air
Feb
51
300
26
123/4 Mar
15
7,-.7'
100
•.*
600
4%
36
50C
4%
36
300
/
100
65
»
..
.%7:„
28%
Jun
JanJun /
Apr
14
May-
33
400
:
Jan*
"
Mar-
37a May-
;?
Feb
505/a
Jun
12%
800
Feb
i 167a
7%
Feb
974
a
MayJan
200
17% Mar
18%
350
277s Mar
35
26V4
27%
Jun
367a
Jan
7
2,550
19%
33%
64%
200
3074
300
15
Feb
Jan
May
47 %
';
—*
42%
...
Bethlehem Steel
Canadian
common
Pacific
42%
—
;33y8
15%
600
68
700
7
25%
(The).
v.
---1
Continental- Motors^
Curtiss-Wright
*
Farnsworth Television & Radio.
Nash-Kelvlnator
Amer
Jan
Paramount
Jun
*
Pepsi-Cola Co
Pictures Inc
new-corn—*.1
33%
Apr
Pure
34
Jun
Radio Corp of America common—
Radio-Keith-Orpheum
Republic Steel Corp common
Socony Vacuum Oil Co Inc-—
1672 Feb
Apr
97/a Mar
157a
Jun
3%
,'427a
Jun
Jun
177a
Jun
Mar
817a
Jun„-
Feb
.33% Jun.
187a May
85
Jan
117a
Jail
14%
100
13
Feb
1474
Ja4
-
4
300
39%
17%
:
16%. 18
307a
Feb
26%
100
Feb
30%
2,200
16%
100
14
300
8% '
:/;
"400
"6%
800
's'
•
42
41%
47a '
.5%
•
/
20%
.16.%
/
42'
• 47a
,76 7 /7
.
20
1672
17%,
Feb
••
t
:■'/ r-" ,6%
TM
Feb
..672 May
.
2074
12%
177a May
Feb
14% Mar
'7Ii.77l5%;
;v
;io%xii
.
900
8 34
167a
47a -Feb
400
"7
,
Feb
42 72 Mayj
S3/* Jan
Feb "" *
43/4
500
*
'14% Jun.
974 May
8% Apr j.
147a Mar
3,100
-
Jun
197/a May-
374
40 0
1,00«
77
187a
•
18
-
4% Jan
31% Mar
1,100
:
x
Jun
3774 •Jun-
Mar
5% Mar
;
7.
"
9 7 :
8
May:
323/a May
10% Feb
8%
8%
7
41
Jun
19%
Jun
167a "May
»
;
:I 115
•>
Feb
714%. 14%
-
—
92% Mar
7 '900
.
47a May
9V4
'
I'eb
"100
7
37%
19%
Jun
12%
7 300
,/
32
36%
9
900
115
'H
274 Mar
700
-
Feb
Jun
Jan
5% May
1174 Mav
'
Jun.
187a
31
Jan
Jan/
Feb
32
:*
,—2%
62
v
May
7
10
10
Go
Airways Corp..x-
48
1,400
115
5
Corp
Pan
Mar
Jun
11%
39%
32
——«•
1
—.—4
Packard Motor Car.*.—
May
Feb
1674
American
;
7 Jan
Jan/
150
__1
York Central RR capital—.——.*
North
; 37
1374 Mar *
8% 7:9 7
■..15% 16
±—*-'J—1--
Graham-Paige Motors
Laclede Gas Light-
»
2172
7
80
=
7/
Ry Coi^J.i.L—25
General Electric Co*.
65
Feb
Feb
77 7; 10
17%
r:
..3%
i
1
•
new
System Inc
41
500
77
Feb
:
44
1,300
*
15%
81%.
217* Jan*
//■
•
50
10
Products
Gas
16
28 3/4
980
15%
32%
52%
300
1,300
48'
47
Feb
May,
*
300
65
19%
19%
30%' 31%
19 V
11%
Corp—
Oil Co
(The)
Apr
6
Jan
Jan
38
May
2%
2%
950
1%
Feb
14%
14%
14%
250
10%
Feb
15%
9%
9%
9%
2,200
8%
Feb
10% May
2% May
Jun
Standard
Steel
Studebaker
Corp
Sunray Oil Corp
United Corp
Wilson
&
Co
-
24%
7
13%
•
25 %
17
3972
4074
1274
:
•
III
24
167a
16%
common
Standard Oil of N J_.
1
;
8% "Jan
2% Mar
37%
16%
33%
16
com—12%
Lines, Inc——
13 y2 May
17
May
100
.10
34 y2
33%
7/ 25%:
.
10
Copper Mining
Steel
1174
r
Mar
34
14
177*
•
33%
Atchison Topeko & Santa Ee—10Q
64
Apr
4574
32
-12%
«26
;
2
•
capital—.——
15
,
972 Mar
450
64
Jan
'
14
.—I
May
1274 May
Mar
■
30
Jun
,:4%
;
200
"
11%
63
♦
common...... —10
see
13
17
5
Corp common.. .—1
Convertible preferred
common
900
6% May
12% May
x26%
1%
^750
123/4
Secur
Cent & S W Util
High
'
13%
7%
14%
&
Yates-Amer Mach
11% Mar
100
197a
16
5
Elec
Jun
148
250
..
V 42
7% Mar
200
79.%,
337a
Feb
New
19
(new).. --2%
common.,
7%
34% May
Feb
26
1,600
11%
21% Mar
950
3%
Feb
Feb
10%
80
3%
50%
Xl5%
25
L.J
Inc
Jan
Armco
1,000
6%"
31%
3%
49%
77%:
5
common
stock—.*.
157a
Feb
7%
31%
*
Feb
3%
7-
50%
85
9%
6%
Jan
13%
17
Anaconda
300
3%
6%
"25
12%
85
3%
—.1
Binks
Borg-Warner Com
;
700
.600
25%
17%:
Cumulative prior preferred
Wisconsin Bankshares common
Range Since January 1
250
7%
-—3
~
Mar
Wieboldt Stores Inc common^*——•
Columbia
14%
2%
6
27%
32
100
7%
26%
Westlnghouse
Certain-teed
2%
600
'':.7%-
Apr
Jun
13%
14
2974
American Radiator & St San com.—_*
1,200
14%
Feb
Feb
49 7a May
Feb
Jun
Xl56% 158%
j
113A
15%
•3%.
25
Lines
15%
15614
-4
v ;
500
300
7
Jun
Jan
1
6,500
33%
23
600
Athey Products Corp capital.:.—,
31
;i'7>
12%
common—
xl4%
11%
Asbestos Mfg Co common
Apr
Jan
May
94%
;
27% Jun
,.#">* ,■%.'>
3,950
...17%
Union Carbide & Carb capital (new)
United Air
Feb
25% x26%
x
£ 22
29%
7;
5
Feb
n%
100
82
1,000
-
•
common.—JL—
208 So La Salle St Corp.—-
7%
26%
—5
/: 243/4 May
7*21%
26%
/
(The)
14%
—-•
American Tel & Tel Co capital
& Co common
Apr
34%
v
I
(The)
Co
100
—•; \
Armour
Feb
32%
1
*
Corp
Trane
2,100
5%
21%
X17% May
16% Feb
200
7/7; 7%
Tool
capital
15%
12
May
x20
Jan
12%
31%
common
Mach
Co
13% xl4%
5%
29%
Jan
Low
—5 ■■■•
<■
May
10 7
Jan
6%
30
Jan
High
Aetna Ball Bearing common
Allied Laboratories common
...
-
Apr
Jun
*
33%
—5
137/a Mar
Shares
Advanced
■
94%
7
1,000
62 3,4
for Week
15%
—1
18
1,650
i7: 100
21%
42
Sales
Range
Low
24%
i ; 20
56%
Feb.
Exchange
of Prices
20
10
:
41%
Swift International Co Ltd ctfs of dep*<
American
Week's
Sale Price
7 719
May
7% Mar 'r
Jan
May
22%
15
2,200
38%
657
Last
y
35
Feb
32%
26%
Alleghany Corp
STOCKS—
'
37%
-'/I
Mar
19%
190
9%
common—:*. ,__10
Furniture
Unlisted
.fV ' '
26
1,400
18
9%
23%
543,4 Mar
30
31%
35% Mar
48 74
.
*
185
Slock
vf
9%
■/■
v
22% May
537a
32%
19
700
12
capital-
Stockyards
Container Corp common.'*.
May
85c
447a
12%
22%
.
28% May
40%
7
-2
Stone
40 7a
41%
—
Feb
Jan
643/4 May
29 y2 Jan
7 32% Mar
7 200
27%
:: .7%
Stewart-Warner 'Corp common
Feb
56 %
_io
47a
49%
\
Feb
40
20%
-
„5
Works capital—
Lathe
28
in
common—
Apr
Feb
5514
'
Clothes
Jan
30
41%
<
25
common
May
12%
1272
«
U 8
Machinery
h 30'
483/4 Mar
500
94%
Standard Dredging commons..*- —2Q
Standard Oil of.Ind capital
— ^.25
38%
39%
47%
Jun
Feb
29%
Jun
147a
f
Feb
: "7 4% May
300
7
:
?
34
v: 20
21%
——i.
Jun
14%
Inc
W
common
i
2074
366
6
6
Assn_
22
Jun
11%
15
;
Jun
220
900
-
Strap
Corp
54c
Feb
67/a
14%
<~6%
2.50
60
103/4
,7,7
X34%
1372
•
,
107/e Mar
3,179
91
39%
50
Fruit Co
United
350
901
12%
25
—
Union Twist Drill
U
13%
2074
36c
•
Inc
Webster
Torrington
United
13
18
2.50
Apr
Mar
;f 297a May
Feb
7';. 13% May
20
7,
28%
37 '
9%
>
Spiegel Inc common.—
30%
[m
'7
4%
7%
7% Mar
50
63%
21%
24
common
Oil
Corp
Rexall
Corp
Slgnode
——
Quincy Mining Co
8hawmut
Prod
Sinclair
—
22% Mar
.
•V.
250
47%
28%
III
Corp class B common—.—
Mar
Mining
Mills
'•
:
63
"*
Sears Roebuck &?Co capital..
42%
16
91%
$
700
29
•
100
13 % May
100
!
;
.
33%
Ho
—
232
v.
Jan
_100
72
4-"
Feb
Tel & Tel.
10l/2
•'
6%
11%
Feb
Jan
3,300
«'
Elec Co common.
Sangamo
,«
common—
.
Sundstrand
North Butte
Stone
Packing
"<*
14%
N Y New Haven & Hartford
Pacific
prior
200
l
8%
29
-50
37%
20
Jun
10% May
19l/a Jan
44 y4
'2,000
.10
5%
,,<*10
,
.
1
15% Mar
,
Jan
x34
300
14
.25
Penn Electric Switch class A——
14%
System.
8%
.
% 600
.
63%
'7 27%
18
Pennsylvania RR capital——
12
Electric
Jan
10 %
9%.
Jan
13
/ 6%
11%
14
„5
common—
Jun
20%
1,400
May
233/4 Mar
Feb
Jun
100
5
Mar
6%
32%
17%
19
Jan
41 %
1
Feb
21
777
100
10%
1%
58%
3774
5
7/ 16% May
300
10
"
27
common....—..
Co
14%
National Service Cos
New
Co
11%
*.
9%
10%
1
26%
46%
Assn
11% May
64 % Jan
r;
10%
1*2%
33 '/a
417/s
'
Jan
Mar
3% Mar
2,400
10%
10-
22
common..
^
*
10
60
common
25
Racing
New England
Car
Bancorp
Bush Shoe common.—*....
Apr
1
9
52
Jun
Mar
150
v'
7%
36
Feb
♦
30
Apr
r
St
Narragansett
Nash-Kel vina tor
10%
28%
46.20
_*
28 %
30
23
7%
-10
20
46%
Corp
Feb
Jan
200
32% x34 7
4%
26%
58%
Mergenthaler Linotype ——r_
Mullins Mfg Corp common—
Jun
12
"
18%
24%
;•
250
'
15%
22%
22%
x34
common- -20
100
Mathieson Chemical
7
4%
47%
49% Mar
55%
—
11%
55%
May
18% May
Feb
9% Mar
300
300
15%
63
common—.
:
—
15%
500
28%
28%
11%
15%
Muskegon Mot Spec class A—
common...;
RR
11%
27%
55%
Co
221
—50
pfd
Theatre
Central
Maine
6%
Jan
common.—.
&
217
•
(Del)
21
—..
Ward
57%
15,*.Ll
„v_i.——
Mar
•
33
*
-
17
750
—
56%
HO
•
•
Razor
50
18
!io
32%
57%
1
——
17
17%
11%
21
,
*
——
17
27%',
21
v.
—
•
Group Assoc
National Stores
First
May
"
•
common
13
*
Preferred...
Peabody
Eastern
10
387a May
Jun
Feb
55%
_100
Feb
Feb
Mar
v", 4%,
vtc
common
Montgomery
Jun
55
Mfg
Monroe Chemical
Apr
9%
10%
Jan
Modlne
Apr
52
f J-
A™
—
7%
10
U%
Corp capital.——-. 1-5
West
prior preferred
Nunn
series
B
3,250
10%
Marshall Field & Co common:
Feb
6%
_100
10
X17%
Jun
Ry—
Common
Jan
Jun
28
common
18%
360
/
9%
6472
Feb
17%
10
Feb
100
McNeill & Libby common.:.....7
Lindsey Lt & Chem common
22%
3%
5
—
Mass
73/4
50% Mar
1,000
'
National Standard
Calumet
64%
28
•
common—
85
9%
1
300
Jun
16% May
100
Llbby
125%
Feb
Switchboard
405
8%
18
--
13 3/4 Mar
12%
28%
(new)—J*
59
3%
100
9
Jan
110
17%
•
Harvester
Jun
9%
•
Boston & Providence RR
150
Jun
3y4
Feb
82
Jan
39
Apr
37%
Products common——1
International
58%
,'8%
100
15%
2%
17
—.10
Pneumatic Tool com.
Independent
Jun
$1
8%
100
*
1st
29% Mar
30
9%
—1
Jun
135
Apr
17%
;v
1,740
18%
100
cl
10%
May
12%
1
common
Illinois Brick
55% May
Feb
125
186
42%
46%
6
10%
Jun
289
50
45
May
37%
common.—25
Hlbb Snencer Bartlett
39%
25%
46
9"%
—_•
•
common
&
52%
V
•
preferred
prior
6%
f
Jan
40
>
May
100
2,000
9
*
Miller & Hart Inc common
Boston Si Maine RR—
Jun
39
293% May
8% Mar
3
15
common
Jan
58%
58%
6
250
110
15%
Helleman
Railway-
Unstamped
2%
106
*
Inc
Co
Razor
Bros
Jun
21%
41%
20
9%
39 V
33
r-.
—.
Auto
37%
118% 121%
1 42
25
—
'
—1
•
America
of
2,872
134
6
8%
...5
——
Corp class A—
50%
,105
•
40%
134
Inc———
&
Boston
Boston
100
6
-10
common.—:
Indiana Steel
Bigelow-Sanford Carpet 6% pfd
—
Harnischfeger Corp common..—.10
(G) Brew Co capital
1
Heln Werner Corp new com———3
Range Since January 1
High
•
—
107s May
Jun
Feb
Hammond Instrument Co common
Shares
III—100
Tel—,.
American
May
37%
Four-Wheel
for Week
•
25
37%
Great
Range
Low
^
Amer Agricultural Chemical.
American
Sugar
Refining.
V
__50
Gossard Co
of Prices
Par
57%
Jan
Exchange
Last
65 %
Feb
pfd (new)..
Goldblatt
Friday
Feb
32
Feb
Gibson
Sale Price
Feb
523/4
50
25%
Gillette
STOCKS—
7%
600
50
General Motors Corp common
Boston Stock
1,200
56%
5,000
Domestic Credit
Jan
19,750
10%
65%
9%
28%
cum
Mar
56%
26%
Flour
A
66
Feb
27%
Doehler-Jarvis
Jun
BONDS—
5s
64%
63
10%
5
Jan
14% May
26%
Eddy Paper Corp (The)
"Baltimore Transit Co
300
9% Feb
'
Jun
Jan
64%
High
25%
20% Mar
28
Curtis
Jan
42
1,800
IZlO
Jan
25
14 %
64%
64%
65%
—
common——
Co Inc——
(The)
Dodge
May
59
117
52
20
47
28%
28
50
L*_
97%
105
13 y4
-25
Coleman
Consumers Co
Common
prior
(new)
Corp
Service
25
'
14*
•
Low
22%
Commonwealth Edison common.
Mount Vernon-Woodberry Mills—
6.75%
«_
Convertible
Jan
357
20
1
Range Since January 1
High
22%
—
Caicago Corp common
High
15%
2.50
.100
;
Low
High
15%
Transit Co com v t e_
Baltimore
b%
Low
Range Since January 1
Shares
Low
—5
Cherry Burrell Corp common—
Shares
for Week
of Prices
„
Par
Sales
Sales
Range
Sale Price
STOCKS—
for Week
Range
Week's
Last*
Exchange
137%
x97a .10
31
Il5
21
-25
88
29%
•20
1,400
u
»
1,400
23
13%
MayJun
1174 May
Feb
3172
Jun
3,900
147/r
Feb
21
May
400
6974
Feb
88
Jun
14 %
ny2
Feb
14 74
15
42
.
88
267a X28 7»
•
Feb
...
Feb."
73%
26% May/j
237a. Jan
21
-1
«
8
110
-
*
8574
—1
—1
x25% Feb-
5,300
;
1,800
common.
—
1574 Mar
317a
Spring—.
common
18% Mar
700
14
>33'a
16%
15
900
2,600
<
37a-
16%
100
-
-
-
-
16% Mar
974
Feb
900
2%
Feb
400
127/a
Feb
1574 May*
2874 May
157a May
87a May
177a May
167:i Number 4707
Volume
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2607)
OTHER STOCK EXCHANGES
RANGE. FOB WEEK ENDED
Cincinnati Stock
Friday
Aluminum
American
Industries
_*
a
Laundry Mach
American Products
Low
32
*
22
Carthage Mills common.!.
i—a-'—_*
Churngold Corp
—'—.
Cincinnati
Gas
Preferred
100
———;
Cincinnati Street
100
13
Jan
Feb
23
Mar
,
Apr
Jan
52%
40
8
Mar
390
23
Feb
27%
Jun
May
22
93
Jan
102%
780
5
May
8%
75%
634
73
Mar
81
Jan
11%. 11%
500
Apr
13
Jan
6
.
Cinn
Telephone
Union Stock
Cohen
(Dan)
Yard
—50
1___*
1
___—>
Hobart
Kahn
18
23%
Kroger
10%
18
6%
19%
Jan
50%
62
62
18Mi". 19
156
14
150
45%
:
49
10
14%
43%
45%
23
Mar
58
——a—-—*
Proctor & GambleU
8
•
Printing common^-v
Preferred
.
'
.
.vi,
68%
*
13
.
100
67
45 :;;
___—____—.a———50
68%
45
,.
48M4
,
45
Jan
19% May
,
Mar
Feb
16%
40% Feb
,
47% May
21 Mi May
-
870
«•
62%
-
10
.
48Mi
40
.
11
>■'
Feb*
.
.
71%
Jan
"'■
Apr
Jan
Gar
Wood
General
Industries
Finance
General Motors
stocks—
*
Sale Price
?y;jy.
Par
Akron Brass Mfg—_a/__—«.
American Coach & Body.
American Tel & Tel
Apex
Electric Mfg
of Prices'
Low
____50c
3%.
5
-
(Un)——
Graham Paige
23 Mr
—_1
common-
Shares
3%
12%
LOW
110
24
Chesapeake & Ohio RR
Ice
&
Cleveland
i
■
$4.50
Fuel
25
16%
65
Electric
Iron
r
preferred
16 y8
,/24
Hudson Motor
Car
76
•: 77
m.' Cleveland Electric Illumin com———*
a40%-
8%
12%
Apr
Feb
,'Consol
Graphite
Natural
V;jj ''J'''
Ejiton Manufacturing
Faultless
"■
*
__
; I
(Un)
4
1;
__.a
81%
75»/» Mar
34% Feb
105 Mj
10
35
41
General Motors
Co
22%
43% Mar
Itio
*
Lakes
•:
common
78
r;
51
.
89
King-Seeley
''■■C:
4i%
33 ■/•
preferred
Harbauer Co
Jones
&
w
45
;
.
'—__V
Interlake Iron
Ipterlake
—50
230
Feb
23
Feb
50% Mar
31% Mar
Jun
43
50% Mar
175
64%
.21'
38% Mar i
45
22
(Un)
12
34%
Steel
.
k/.'
(Un)
.
35
52
a35% a37M4
Kelley Island Lime & Trans—
$14%
14
14%
13
■■'V
Jun
47y4 May
'
"
■ -
-
Jun
kC i - •*"
'
48
'
12Jan
•
^
Jan
&
Medusa
Sessions-.—"..-.
Portland
10
95
Feb
16% May
Jan
35
-■
Apr
Lakey Fdry & Mach
LaSalle
Wines
Masco
Screw
Cement
National
40
~
—4j
Metropolitan Paving Brick—a-a.
Acme
39%
5%- 7$
Y
Central
Ohio
Edison
Ohio
Oil
RR (Un)._
Motor
14%
Jun
33%
Feb
40%
Jan
(Un)
—
'370
780
15
4%;
Rust-Proof
Metal
Brewing
:
Reliance
Electric
& Eng..——___
(Un)_
Republic Steel
U
S
i
4% Mar
:
:
"24
'
179
Products
"—5
Barker
Basin
Oil
Bendlx
Standard Oil of Ohio common
U S
Steel
common
Van
Dorn
Iron
—10
May
6%? Jan
Feb
2%
29
%C
common
—5
.
26%
Feb
16%
Feb
12%
327
7%
Feb
k:Vk'
11
18%
424 t
22%
1,380
5%
1,120
721
28
100
Feb
120
-41
;.
11%
17
5%
1,600
* %
200
14%
Feb
10%
825
15%
1,118
100
■
.
a85%
2%
3
3%
New York Stock Exchange
550
23%
Consolidated
:
I
.
„.
10
Feb
18
550
13
Feb
,
2%
2%
500
Last
Par
7%
31,052
43/4
Jan
28
470
21%
Feb
55c
65c
500
52 %c
Feb
13%
13%
1,220
17%
Low
18
Consumer's
Power
Co
35%
7
7%
2,420
9
1,910
12
12%
1,277
a
32% a32 %
38%
18%
'
Iron
•
1
Douglas Aircraft Co Inc
Dresser Industries Inc
Products
Derrick
Mar
12
16
Jan
21
65%
Feb
85%
May
Apr
Jun
6%
44
||
Garret
Co
&
*
class
a 57
39%
Detroit
&
Stores
Hancock Oil
^
24%
Shares
Co__
A
%
Navigation^.
common
Detroit
Gray Iron...
Detroit-Michigan Stove
Electromaster
5
-20
;
common
For footnotes see
page 47.
28
Feb
38%
13%
Feb
20% May
54%
Feb
65
12 3/4
Mar
19% May
16
Feb
20% May
7% May
53/4
Apr
29%
Feb
class
A
" 120
/ "
29%-
799'
50%
14%.
77 %c
80c
3,350
305
309
27
8%
9
14%
8%
:
1
9%
143/4.
11
60c
295
700
Motor
Oil
__10
61
Feb
350
Car
Inc
95c
Feb
320
Jan
Mar
9% May
8% Mar
10
Jan
1,003
51
Mar
495
24
Feb
392
39
Mar
291
92
Feb
ll3/4
300
11
Apr
63%
33
34%
45%
45 a/4
119
119
150
,■
64
34
5
May
14% Apr
64
May
34% Jun
119
11%
1
3%
11%
3%
3%
3,075
1.55 Jan
3% Jun
22%
22%
472
15% Mar
22% Jun
17
18
Corp
10
1.30
21C
10
3,800
97 %c
Feb
3,400
21c
May
24c
10%
7 760
153/s
1.35
24c
1
Corp
1.35
10c
10%
—5
Co
46
1
Petroleum
Co
Aircraft
Petroleum
27
1.15
1.15
1.20
1
2%
High
,
Republic Petroleum Co
Jan
Rexall
Jun
Rice
Feb
25
29
Feb
36% Jun
1% May
5
43/4
5
1.50
1.50
Oil
1,100
1%
1,225
17%
17%
17%
366
12%
Feb
17%
65
65%
422
53%
Feb
65%
Jun
Safeway. Stores
34%
100
33% Mar"
34%
Jun
Seaboard
8%
2.55
1.S0 Apr
3% Mar
Feb
1.35 May
3
Jan
5
1.05 Mar
100
6 % May
Jun
1.75 May
9
May
20e
.
Jan
17C
4,000
12
123/4
600
6% Feb
13% May
8,000
1.95 Feb
SJM- Jan
15% Mar
20% Jun
2.55
2.60
20%
25
20%.
15c
"
100
Mar
*
35
35%
678
30 3% Mar
34%
—___—25
34%
122
33
a30% a303/a*
/_•
53%
52%
1
533/4
1,400
30
49
Feb
a56
26
39
Feb
28%
22
Mar
28%
3,552
2.50
6%
63/4
7
600
1
1.15
1.15
1.20
28%
5,150
31%
47% Mar
'
5% Feb
85c
Feb
Jan
35% Jan
28 3/4 Mar
15
a55%
*
36
Mar
a56% a57%
110
common
Jan
Jan
1%
Apr
53% Jun
_
57% Jun
51% May
31% May
7% May
1.30 May
Jun
34%
12%
10
Co
90c
1.40 Jan
24% Jun
95c
100
25
Drug Inc
Ranch
30
Jan
16c
1
1st preferred
Jan
„
1.10 Mar
143/4
1,460
8%
1
;
2%
1.25
1.50
I
1
—
20%
Apr
Apr
1,100
9,010
_1
preferred
51
1,300
.
2%
1.20
1
Co
Feb
Jan
Jun
1,218
1
34c
15
2,500
24%
1.40 Jun
,
45
310
1.20
22%
1
Puget Sound Pulp & Timber Co
19
28%
1.20
24 %
Co___—:
Co
Pacific Lighting Corp common
Pacific Western Oil Corp
Bange Since Janaary 1
27
1.20
__1
Monogram Pictures Corp __a———_1
1st
47
18% Mar
Feb:
Feb
8%
1,185
1,518
10c
Corp
Company
Manufacturing
Jun
May
14% Jan
18
•
County Land Co
Lockheed
;
45%
125
_6.66%
Co
common
Petroleum
Lane-Wells
2%
Mar
14% Jun
Feb
10
45%
—.—*
Company
Menasco
2% Feb
Jun
29% May
14% Jan
5% Mar
434
9%;
143/4
/
Jan
'123% Apr
> 100
80c
——2
(The)
Corp__
Development Co
5%%
100
*
Jun
Jun
12% Jan
Feb
21%
390
13%
13
1
Mascot OH
Low
2%
25
,
46
93/4 May
400
13%
Co class A common—*
36%
8%
:
9
,
319
r
1% Apr
■
9y4 May
6 % Mar
Richiield Oil Corp common
Ryan Aeronautical Company
Sears
Inc
Finance
Roebuck
•
&
7%
5%
21%
7%
7%
5%
5%
2iya- 21%
2%:
1
-
3%
13%
3%
1,500
t
37/8
2%
150
.
7% Jun
6% Mar
4
10 Va
8,000
2ya
«%
Mar
20% Mar
2,300
13%
3y8
334
5,482
-
Apr
Feb J
Feb
Apr
21% Jun
3y4 Jun
13% May
3% Jun
Oil
35%
6
6
al9% a20%
1
19%
Corp—
Aircraft Co
Jun
7
Mar
221
17% Mar
20% May
4,257
15%
Apr
20
502
32%
Feb
51
110
46
41% May
52% May
42% May
51
a44%
a43%
18c
*
150
1
37c
*
1
35%
Feb
20
15
—
Jan
4%
41%
51
25c
—
15%
200
183/4
30
A
13,151
■a
,41%
*
Signal Petroleum Co of Calif
Sinclair
28%
6
5
1
Co..
Co
Shell Union Oil Corp
Sierra Trading Corp
Signal Oil & Gas Co class
Solar
35%
—1
Security Co
—1
—1
31% May
11,284
46
a56 % a57%
5
Hotels
Holly
6%
High
Jan
Jan
Feb
26
"
Hilton
34%
—1
Cleveland
7% May
13%
15
149
10%
29%
4
Equipment
Ltd
Corporation
Lincoln
k:
tr
Detroit Edison
Feb
800
6%
10%
__50c
Corp
Merchants Natl Bk—__100
Farnsworth Tele & Radio Corp
1
Kern
for Week
;
Apr
Mar
295
al9% a20%
&
1%
__1
Bros
Feb
7%
930
18%
10%
Corp
Goodyear Tire & Rubber Co common—*
1
15
20 "
548
65
.18%
Steel
General Motors Corp common
Gladding McBean & Co..
Sales
Range
'
Davidson
.
May
6%
150
19%
64 %
•
common—
Jun
■
Jun
Jun
77%e Jan
10% Mar
30
38%,
18%
..
2.50
34%
2»/2
common./—
Continental Motors
High
7%
28
10% Feb
17
415
8%
Corp common—*
Corp____
1
National City Lines Inc
Week's
2%
25
1
•
Range Sinea Janaary 1
Jun
New York Curb Associate
of Prices
Low
-_1
Burroughs Adding Machine
Chrysler Corp common
2% Jan
28
*
—a
Pacific Finance Corp common
Pacific Gas & Elec common
i
Apr
6%
137/b
Products
Fitzsimmons
May
Detroit Stock Exchange
Brown-McLaren common;
1%
Sales
9
Oceanic Oil
*•
.
Shares
7%
Northrop Aircraft Inc.—
Briggs Manufacturing
18% May
2% May
for Week
Bange
of Pricea
12%
Jun
DETROIT
Friday
Jan
Feb
Exchange
•
Nordon Corporation Ltd
2
7% Apr
1%
600
1
82%
.
Chicago Stock Exchange
Sale Frice
Jun
12
5% Feb
65c
2
Mt Diablo Oil Mng & Dev Co
:_
23%
300
1,049
28
20c
33%
v
Telephone: Randolph 5530
Products
17% Mar
6%
Week'a
___33%c
Feb
50
159
Building
Jun
3% Jan
ll»/8
7%
Consolidated
Merchants
Metal
2c
Feb
High
1
Apr
"rvk;;'kl- k'*'-; ■}
Detroit; Stock Exchange
American
3% May
Jun
3
200
16V* Jan
Feb
Low
10
Creameries of America
Farmers
1.
Allen Electric
'/2c
2%
-:j. -v/; par
Company_____
1
47
Watling, Lerchen & Co.
Members
Jan
May
10% Jun
Feb
2%
1,200
2c
"
1
Jun
6%
20
8% Feb
12
100
2%
Sale Price
Appliances
Kaiser-Frazer
-'■
Jun
30
Feb
18%
17'A
Iff
:
___i
67% Mar
178
11%
17
a82
STOCKS—
3%
5% May
33% Jan
Mar
Jan
Intercoast
ft:
Feb
4% Feb
67/e
6%
Jade
'■'a■/
2%
10%
al9%
22% May
13% Jun
31 y2
Feb
•k.24%
570
•.
Jan
5
May
22% May
25% Mar
30
23
6%
1
Hunt Foods
Ford
2
Jan
193/4 Mar
2%
3%
■
—i
20
25
>
Feb
::
' /
Jun
2% May
Feb
3%
*
30%
%c
;/
23
1
___
Engineering
Hudson
J
l3/a
300
310
10%
•;
—-
Consolidated
Emsco
f-.
Publishing _aa_——
Youngstown Sheet & Tube
■'
2% May
'
Works
k':/"''':-'
9
Feb
1%
2,350
4%
3
__1
Co
Certain-teed
Jun
55
108
a78% a82
-
World
./ ■/':
7% Mar
2% Mar
600
1
10%
_.l
common
California Packing
41
Feb
a20%
a30% a33%
•
(Un)___
1%
22
30
i
Broadway Dept Store
Byron Jackson'.'Co
Apr
29%
18% Jun
4% May
1% May
100
v
15%
_10
com
Blue Diamond Corp
Bolsa Chica Oil; Corp.-
Electrical
45%
Jan
264
1%
5%;.
l
Home
May
29%
2%
18%
___l
Barnhart-Morrow
May
45%
9
5
30
——
Bros
5
a23% a23%
Feb
3% Mar
2%
1
—
class B
Petroleum
34
•
Jun
15
1% Mar
293/4
I":;l;
Bandinl
18 '
12%
Feb
22 Vk
'
2%
*
common
STOCKS—
Feb'
40%. W
12%
275
4%
Friday
Feb;
•
Jun
8
8% Feb
100
Los Angeles Stock
12%
40
Feb
4%
22
•
——
...2 %
common...
Wayne Screw Products
27%
a20
1
*
Radiator
64 k
ZEZf'
Richman Bros
;
•
,
Exeter Oil
.
u.4.
2
Manufacturing
31
_____
Pennsylvania RR (Un)— ua. —50
•
Radio Corp of America (Un>—_.
200
16
Jan
18%
Jun
1%
1%
4%
:__5
Packard Motor Car
Parke Davis
Colorado Fuel &
Feb,
Feb
5%
4% *
18%
23%
Feb
6
2%
13/4
1%
50c
:
common
National Stamping common
a33% a33%
—.8
100
150
9
*
.
l7/«"
1
—
Abrasive.—
Wheel
al5% al5%
-a.
common^—
10%
Feb
147/a
688
1.
4%
1
.2
:
McClanahan Oil
15
12
10
40
5%
Jan
5Tb May
5% Jan
Feb
1%
-
—
com___—-—_l
Chrysler Corp
-265
;
14%
a27% a27%
If.
National Tile & Mfg —„l—a~— —I
N
/
22%
163/4
4%
-1
common
common
Products
37% May
29 y4 Mar
'"1,660
kr 14 ^
20%
280
^
6
10 Va
-1
Preferred
;! Lamson
100
18%
Mar
Jan
12
liy.
31%
296 »'
*
3%
Jan
8%
May
33
Mar
40% Mar
""f. 145
?al4%al6
________
Steamship
Laughlin
12
i'/67
■■■
May
28
Mar
t
23
45 v,!* 45
4
100
21%
-
Jun
43
;
'V. 50
33 •,'r.
100
-
-
6
-_1
common
15 y4 May
Feb
_
Brqs
23%
18%
•»«*
Kingston Products common.....
Kinsel Drug
Jun
20%
50
..
k 64
,
••••
Halle
23%
*
-1—1
Jan
.Feb
9 %
395
a44ya a44 Yb
"l00
common—*,
4%
-_1
Apr
;
47'A Feb
252
k
63%
64%
a27% a27%
■
*
Towing
5%
4%
Last
1
"25 "
;;'v :
23
41%
—
(Un)
5
4%
Kaiser-Frazer
Jun
34%
.26% Mar ;
.
105
a48% a48 Mi
*
(Un)
Goodyear Tire & Rubber
Great
(Un)
common
common
5%
8
6% May
Jun
111%
Jan
y. ■'.
(general Electric
6%
Apr
Feb
"
Glidden
933
7%
64% Jun
Jun
210
■
_25
.
7y4
9% May
Jan
Feb
Jun
17 y«
30%
a62%a63M»
/! 88
' 89
14%' 14%
__r_l——
I Firestone T & R, com (Un)
Jan
33
a45% a47Ma
—
Rubber
6%
52%
'
.
—,
Controller
Erie Railroad
30%
Gas, (Un) _____——_15
k
Electric
(Un)_A_A_l *
Bronze
45%
12%
177
allO% alll
,
Cleveland
1% May
23% Jan
Feb
100
1,113
—10
:
Tlvoli Brewing common
Udylite Corporation
37% May
.285
...
May
4y4 Jan
'
Timken-Detrolt! Axle
Jun
28% Mar
2,535
a40M8 a40%
*
——a———
77
5%
7V2
common..;
Jan
•
158%
20
>
17 Ma
815
9%
64%
common
Superior Tool & Die
315
•u
,
a32% a32%
:
—
16%
_100
4%%. preferred
A,
1
common
12
Feb
7%
1
Motors
Jun
3%
Feb
147% Mar
100
a37% a38%
__
Cliffs
8%.
1
Warner Aircraft
/City
Feb
-
64 y4
High
3y« Mar
1,480
.
12%
8%
1
Hoover Ball & Bearing common
Howell
Rights
Bange Binee Janaary 1
,
al57% al58%
Feb
-
1
—
common
Standard Tube
High
3%.
-i
24
100
-
16
3
10
_____
Gerity-Michigan Corp
Goebel Brewing common
Sheller
for Week
'
1
common
common
Scotten-Dillon
Sales
Range
;
350
23
°
9 y2
Jan
49%
50
,
May
48
Jan
29
Exchange
Week's
23 V*
High
Feb
1
Peninsular
Last
90c
Fruehauf Trailer
Pfeiffer
Friday
400
1
Parker
Cleveland Stock
1,200
1%
1
Mid-West
Lunkenheimer
4%
Jan
65
"
16% Mar
262
23
10% May
25% May
Jun
62
94
Jun
18
Feb
49
,
N
Apr
90
,
*
Jun
25
_
.
_v.
•
;__
___
9%
24
18%
—*
.
120
62
Co common—_J0
Sons common.
23%
__
pfd————100
participating
18
9%;
:
__
10
•
Mfg
(E)
11%.
*
i_j
Gibson Art
Hatfield
74
-
—*
Co____~
Grosley-Motors
Eagle-Picher
74
Low
100
37/a
3%
l
11 y»
Ale
Houdaille-Hershey
Cincinnati
Bange Since Janaary 1
High
11%
Jun
102
11
6%
6%
Brewing
Shares
Jan
3%
Feb
47,
Friars
32 y4
3% Mar
50
275/s
101
Feb
20
Frankenmuth
High
29% Mar
100
49'/a
26%
__
.___._i.__25
33/a
10%. 10%
v
_
9%
40
180
.22
49%
w
common—-—a—8.50
_„_
3%
__
Low
32
22
Bange Share January 1
4
for Week
Low
*
common
Sales
Bange
ef Prices
Sale Price
Par
Federal Motor Truck
;
10%
31%
__
*
common..
Burger Brewing
High
10%'
—20
Shares
Week's
Last
lor Week
^Prices
Par
Friday
STOCKS—
Sales
Bange
Sale Price
It
Exchange
Week's
Last
STOCKS—
JUNE
29%
a
12%
&45
200
18c
19c
18,000
150
150
30
35C
37c
9,450
32o
29'%
5,458
15%
263%
.
al2% al2%
70
Mar
28% Feb
12c
122
8%
Jan
Feb
Feb
Feb
Feb
Jun
22c May
166% May
55e
Mar
29% Jun
14% Mar
M
: W'
a
IHrttw^ffe:v
afvfcjtsv
i.;-fli.,;jU^^j^«ggw^.«
•Ttt^v
eft .JiruPMtWf v>
rivfattM'
*
MMWto\#te*ywiM+\m
THE
(2608),
40
VKM^eiUM^WM*
<wt,y* *u w«tei^ i
COMMERCIAL 8c FINANCIAL CHRONICLE
Monday, June 14, 1948
OTHER STOCK EXCHANGES
G>.
Week'*
Last
Sale Price
Southern Calif Edison Co Ltd com. —25
30%
——.,
4.88%
cumulative
.—.———
4.48%
4.56%
preferred
—
—.
Shares
25
1,361
30%
Mar
-25
39
12
36
Mar
42% May
105
26
May
27
27%
27%
668
American Stores
24%
24%
593
24% May
22% Jan
27% May
28% Jan
25%
Feb
American Tel
28%
28%
440
28 Va
28 y4
Jun
Baldwin
'
__
-25
28%
Jun
pfd class A—
Company
Pacific
Southern
__25
33%
58
Calif
Standard Oil Co of
150
58
32% Feb
34%
399
33%
44%
Feb
60
May
55
Jan
71
Jun
Feb
15% May
13% Mar
70
71
2,033
14%
15
3,970
18%
18%
195
12%
12%
12%
2,484
al5% al6%
35
.500
.—
Co
100
—-—
Works
Locomotive
Truax-Traer coal
Oil
Union
Co
——*
common—>25
—
13
California
of
9%
——*
a8l%
10
—
Corp.
United States Steel
Universal Consolidated Oil Co
—.
10%
13%
Feb
17
Chrysler Corp
Cooper Brewing Co
Curtis Publishing Co
Jail
18
300
14%
Apr
18
22 % Mar
27 %
Apr
147% Mar
158%
Jun
12% Feb
17
310
11%
310
65%
908
34%
3,674
21%
Feb
34%
62%
2%
—1
-i—
♦
10%
—
General Motors Corp
Jun
65%
-2%
——
9%
.13%
17
Jun
11% May
Feb
8
52% Feb
Jun
l
Jan
2% May
7
Mar
11% May
17%
18%
.*
55%
55%
61%
56%
446
64 %
64%
2,100
5
22%
21%
23%
160
10
50
*
—
65%
50
695
2%
11
...10
ll%
11%
12%
731
9%
Feb
6%
6%
7%
240
4%
Feb
U
%
185
Storage Battery.——...
Electric
20 V4 May
May
32
34%
263
1,039
16%
16%
—
•—
26%
10%
—.
High
Low
.
158%
156
156
Range Since January 1
High
Jan
18
--
25%
26%
—
& Tel
Delaware Power & Light....-—
Corporation —.———2
Transcontinental St Western Air Inc—5
Transamerlca
Shares
20% May
71
15
„1
Sunray Oil Corp—
Textron Inc common
for Week
Low
Par
Budd
So Calif Gas Co 6%
Sale Price
stocks—
27%
—.
Range
of Prices
Last
Jun
Sales
Week's
Friday
.
High
Low
30%
Philadelphia Stock Exchange
Range Since Janaary 1
High
39
convertible preferred— -25
-25
cumulative preferred
4.32%
29%
-25
Original preferred
for Week
ef Prices
Low
Par
11
Sales
Range
Friday
STOCKS—
RANGE FOR WEEK ENDED JUNE
15% Mar
56%
Jan
50% Mar
17% Feb
;
38% May
49% Feb
1,585
64%
Jun
Jun
613
62%
63
39
80% May
67% Mar
280
a78 % a82 %
Gimbel Brothers
Feb
67
——-
Lehigh Coal St Navigation.—.
Lehigh Valley RR
National Power & Light...
Apr
25 Vb May
13
May
7% May
1
May
7
% Apr
May
Apr
Mining Stocks—
100
4
4
1.20
1,25
oOO
60
6C
1,000
3%
3%
Vi)
3
Mar
———1
6%
Pennsylvania Power, & Light..—19 %
Pennsylvania, RR ■—-«--.-.-.----T---50ilv:'. ,19%',
a40%a4l%
8%
8%,
16% 16%
no
37
Mar
4% May
41% May
2 00
794
7% Jan
12% Mar
16% May
al56%al58%
743
148 y8 Mar
157% May
Mng Co———10
Mng Co—
1
Mining Co———10c
Zenda Gold
American Airlines
—
a41%
16%
al56%
American Tel & Tel Co———..—100
39%
....10
& Co (111)—-.-.—-—.—.6
Corp
Baldwin Locomotives Works
608
32
445
090
91
Jan
42%
6%
300
4%
Apr
Feb
14%
16%
—5
a42%
480
15%
Oil
Co
———-
Aviation
Bendix
Bethlehem
Corp.-
Co
Yultee
Cons
225
55
Southern Corp—, —*
(N Y)—.
a
33
Mar
57%
14%
27%
304
24
27%
Jun
65
———
r—
21% Mar
1.201
10%
Jun
4,412
1%
Jun
30
8
8%
1,042
41%
42
Corp—;
General Public Utilities Corp—
Great Northern Ry Co pfd———.
Distillers
13%
816
11%
a45%a46%
170
37% Mar
al2 al2%
30%
North
American
30%-
.10
Feb
13y4 May
Feb
11%
16%
Jun
500
25% Mar
233
53
Apr
15%r 15%
256
12%
Jan
a55% a58%
342
42%
Feb
503
8%
Feb
10%
45
16%
Feb
19% Apr
31 y4 Mar
10
10
al8%
al8%
a 18%
18
a34
.
a63 V*
150
a34 a34%
a 62%
a65
408
20
19%
20
'550
20%
20%
20%
16%
13
Corp-...—
12%
I
31% Jun
54%
Apr
15% May
58% Jun
31 y4 Mar
48%
Apr
63% May
Feb
10
28
Jan
39% May
16%
Feb
23% May
241
Jun
21%
31
8% Mar
202
39% Mar
50% May
68%
70%
667
50% Mar:
70%
3%
3%
340
866
21%
22%
22
22
11%
Feb
2
Jan
Jun
3% May
23% May
20% Feb
21% May
30
Feb
24
Fort
Pitt
Sales
Week's
Range
for Week
,
Shares
of Prices
Range Sinee January 1
Low
High
&
••
180
25
55%
100
55%
17%
18%
65
—
High
„
Jun
13
Mar
13%
14%
487
10% Feb
14%
Jun
30%
30%
315
25
Jan
30%
Jun
29%
29%
10
23% Feb
39%
Jan
14%
9%
Mackintosh-Hemphili
5
269
9%
22%
9%
-10
—
23%
7
2%
1,385
17%
20%
3,690
2%
7%
325
4
3%
3%
150
2% Mar
Pittsburgh Screw St Bolt Corp.
mi*
Toy Mining
San
37%
38%
-
3%
52%
,
'■■—M ;■
-1'.
1
>
16c
34%
8%
34%
7%
19c
,
34%
t c
v
—
Alloys
Steel
S'%
8%
35%
5% Mar
...——*
Westinghouse Air Brake—
Westinghouse Electric Corp...."-—12.50
—
38%
37%
38%
32%
31%
33
300
35%
/'-lt
__o
...
,
May,
Jun
10
5% Mar
Apr
200
37% May
'
Common
Jan
Jun
Jan
10
Feb
27% Mar
35
Jan
Apr
39%
Feb
Mar
10c
4,500
8%
2
1% Mar
10
9%
15c
;
,r
Mar
30
205
38%
34%
■■
■
—
common- ..—.—I
United States Glass
125
500
9%
1
......
Oil & Gas
37
-2' ■2
Jun
Apr
6
■'
37
Apr
20%
Feb
4
Apr
3
Jun
11 % Mar
4
Pittsburgh Brewing common—n
$3.50 preferred ..a
:a——...
Ills
Pittsburgh Oil & Gas.—...
—10
Pittsburgh Plate Glass—
9% May
23% May
6% Feb
100
7
20%
7% Mar
18% Feb,
247
2%
1
McKinney Mfg ..a.—^
Fuel Supply..——...
—10
National Fireproofing Corp—
5
Mountain
Vanadium
Jun
19% May
.10
Brewing..—
Shamrock
Jun'
..5
Electric—
...i—.
;
33%
55%
Feb
33%
32%
Apr
9%
Apr
140
33
533
32%
Feb
38% May
1,002
25%
Feb
33
Jun
Jun
15% Mar
20
455
18% Feb
17
925
12% Mar
13
1,965
9»/8 Feb
22% May
17% May
13% Ma.v
16%
323
a24% 825%
♦
Inc.
Co
510
Feb
a 63%
a58%
5
New York Central RR
North American Aviation
431
16%
a62,/e
Corp-
Prod
-
38% May
14% May
47% May
a63%
Montgomery Ward & Co Inc.—
Nat
Jun
34% Feb
—7
McKesson St Robbins Inc..
22 y4
Jan
220
—*•
—
790
,
42% Jun
15
*
Nash-Kelvinator
15%
Jun
Mar
13%
——
38%
Jan
Mar
£0%
33%
—♦
Brewing
Lone.Star Gas
Apr
32
Corp..—.
Inc
8%
14%
Gas
Follansbee Steel
24% Apr
Feb
9% Feb
820
*15
...
25
V55%
—~i—
Duquesne
11% May
4% Feb
20
al2%
Libby McNeil & Libby.
Loew's
Feb
42
Interlake Iron Corp —!
—
International Nickel Co of Canada-
Kennecott Copper Corp
7y8
a46%
——
36%
Low
—•
Co
Columbia
May
a39% a40%
Poods
International Paper Co
International Tel & Tel
Mar
■
20
•'
4. ■'
Greyhound Corporation
56
453
a22% a22%
—
24%
21% Feb
11%
Armstrong Cork
Blaw-Knox
63% May
33% Jun
27% Mar
210
all
a23% a24%:
14%
14% :
9
6% Mar
50
33y4
8%
Feb
145
all
-1
21% Feb
20%
Sale Price
Alleghany Ludlum Steel.
2% May
375
32%
32%
'■
5%
5,886
24%
25
49%
Par
16% Mar
1%
10
General Electric Co.—.C;——
2%
11%
f
Jun
10%
Last
stocks—
3% May
23% May
7,437
a62% a65%
Jun
4
187
22%
24%
28% May
1%
Co—_ -5
Electric Power & Light Corp
Apr
25% Mar
10%
a65%
52
11%
49%
69%
Friday
Jun
a23% a23%
52% Jun
45
100
52%
4'4"
Pittsburgh Stock Exchange
Jun
10% Feb
3%
48% Apr
118
May
22
Apr
620
3
Feb
217/8
*
.10
May
61
a27%a28%
23%
Westmoreland Inc
50% May
Feb
392
—
General
19
Mar
57%
11;
Continental Motors Corp———. .1
Continental Oil Co (Del)—-—-;—.. ..5
Crown Zellerbach Corp ———i.*., ..5
•
Curtis Publishing Co. (The)
Curtiss-Wright Corp common——— Il
,
10
37%
53y8 Mar
14%
3%
Feb
104%
11% May
27%
Aircraft Corp—-—... -1
A
1,070
Jan
8% Feb
14
—
40%
3
Jun
18
•
185
Jan
63%
50%
1%
Class
41
47
450
Feb
57%
a28%
Electric Bond & Share
39% Mar
275
46%
22% May
28% Mar
16%
-10
Company
Edison Co
;
Jan
3%
—,—■
Corp common^—
__1
United Gas Improvement—-.13%
Jun
23%
Oil Co.,
16% Feb
21%
..———..1
Paper common—,
United
Jun
37%
185
11%
37%
50%
25
Edison
Feb
33
129
63%
Sun
Jun
27% Feb
30% Mar
a6l% a63%
17%
-25
Commercial Solvents Corp
Consolidated
25%
63%
——.
Cities Service Company—
Columbia Gas System Inc
Commonwealth St
396
1,070
a44 a44%
—25
—j—————
Commonwealth
40
a43
37%
Dome Oil Corp
Scott
18
4,405
■
Reading Co common—.—.^..—*—.50
Salt
16% May
43% May
37%
11%
Pacific Railway Co—
Canadian
Case (J I)
17%
10% Feb
25%
———
Caterpillar Tractor Co
12% Feb
36%
Corp———,
————5.
BOelng Airplane Co ——
Borden Company (The)—.
—15.;
Borg-Wamer Corp ———ii—
Budd Co
,
36%
..—5
—
Steel
May
945.:!.
17%
14%
16%
-
15
May
45% Jun
7 Va May
19%
2,057
21%
52
; ■ —■ •
Philadelphia Electric Co common..—*
24%
$1 preference common..—— V
Philco Corp common———..3
38%
111
5% Mar
2,661
19%
19%
44%
!A...^...ill
'Pep Boys:—
6%
19%
114% 114%
■
Mar
6%
——
Pennsylvania Salt Mfg common..—10
3 % r,V pfd series A——.——100,
Pennsylvania Tel & Tel—
$2.25 preferred
40% Jun
31% May
11% Mar
210
470
6%
.13
.
'
Feb
45%
13%
Baltimore St Ohio RE Co——. .—100
BarnsdalJ
Apr
10
27% Feb
alll%all4%.
Ry—100
2..—-.25
(Del)-———.3
Mfg Corporation
39 %
31%
45%
14%
Atchison Topeka St Santa Pe
Atlantic Refining Co
Avco
Jun
8c
4%c Feb
31%
Copper Mining Co———.50'
Armco Steel
Armour
,
-1
-—-—
American Radiator St Stand San Corp.*
Anaconda
1.25
Feb
70c
Stocks^-
Unlisted
Alleghany Corp —1—-L—.1'
Allls-Chalmers Mfg Co—————.*
.
Pennroad Corp
4% May
3% Apr
Juneau Gold
Cons Chollar C & S
Alaska
15%
248
15% Apr
17% Feb
39%
40%
760
26% Feb
5
5%
1,100
10%
10%
25
25
Pennsylvania Railroad Co———50
20%
21%
737
16% Feb
Pepsi-Cola Co -.ji————33 %
Phelps Dodge Corporation—;
25
Pullman Incorporated
*
16
16%
805
15% Mar
22
55%
55%
500
41% Mar
57
a47% a48 Va
95
48%
Apr
May
49% May
40
935
25%
Feb
44
May
12%
14
a9% 0.10 V*
1,756
8
Feb
14
Jun
196
8
Mar
11
—
Northern Pacific Rwy Co—-----100
Ohio Oil Company -.1—
Packard Motor
Gtjr
Co
—
Aifways Corp..
—2.50
Paramount, Pictures inc
X
Pan American
— —
Pure
Oil
MM.
*»4» «**»«•»#•<*>
Compajny...
Radio Corp -of
&25%
847%
_*
Radio-Keith-Orptoeum Corp
39%
—„*
Aikerlca—...
Warrants
'
14
common. 1
J.,Ntr,.
—
38%
a9%
2%
Republic Steel Corp
1
Z——*
St Regis Paper Co
—--—5
Schenley Distillers Corp.
..—1.75
Socony-Vacuum Oil Co—
15
'
2%
Southern Railway
Company.:
Brands Inc —"
Standard Oil Co (Ind) —
31%
Standard Oil Co
Inc
Studebaker
25
_
"25
~25
„
Tide Water Associated Oil Co.—.
Twentieth-Century-Pox
Union
Pacific
Railroad
720
26
2,082
15
21'A
65%
Warner Bros Pictures Inc.—
Western Union Telegraph Co
._5
—
Westinghouse Electric Corp....
Willys-Overland Motors Inc.
Woolworth Co (F Wj
.„i
_
*
21%
Jun
*
2%
Tel
conv
Bank
Bldg.
Columbia
deb
Tel
"71% Feb
11% Mar
28%
1,010
113
17
,
For footnotes
see page
BVi
<
Jun
100
7
Apr
100
27
Feb
32
Jan
—1
26
26
100
Jan'
12%
13%
218
23% May
6% Mar
33
—5
15
Apr
Elec pfd.———.—..100
General Electric common (Un)—
—*
—
r
114
:T
114
114
5
1
-
Jun
105
(Un)....10
64%
62%
64%
407
51
—:_.__^___1
27%
27%
27%
135
115
May
42% May,
31% Mar
common
common..
25% Mar
General Motors
Jun
8%
common—
Griesedieck-Western Brew
——1
6
—
41%
41%
"
,,
Mar
64%
Jun
31%
Jan
Jun
55
54%
55
535
36
May
55
42%'
40 :
42%
615
33
Mar
100
2% May
39% Mar
42% Jun
2% Feb
2%
2%
*
43
44
—•
10
*
8
::
10%
International Shoe common
15% May
28% May
36% Jan
130
45% Jan
Feb
30% Mar
J 1 '
Johnson-S. St Shinkle
Key
65 y8
60%
394
53%
Feb
65 y8
Jun
539
49%
Feb
62%
Jun
30 y8
1,000
19%
Feb
23»/4
340
19%
Feb
.....
31% May
25% Apr
Knapp-Monarch common ....—.....l
Laclede-Chrlsty common
.—5
Laclede
Gas
common.....———.4
Laclede Steel
42%
...
42%
1.202
41% May
"30
156%
<
Jan
42% Jun
174
*
—.10
20
20
20
15%
15%
21
14% Mar
17% Jan
29%
50
24
Apr
29%
Feb
28% Apr
Midwest Piping St Supply com..
15%
Jun
19
North American
2ye
80
38%
24
24
150
187/8
32%
33
855
25%
50
7%
all% all%
a44%
a44% a47%
85
Feb
..
116% 116%
$1,000
Apr
May
49 y4 May
May
Rice-Stix
(Un)—
Car
29%
*
common
2nd preferred
St Louis
com
13%
Mar
—100
128
128
10
126
Apr
—10
22
22
125
20
Mar
—
common
24% May
Sears Roebuck & Co_
Feb'
33
Scullln
Feb
33% May
23% Jan
20
131
Jun
Jun
Feb
23% Feb
*
41%
40%
41%
191
32% Feb
42% May:
._*
19 %
18%
19%
250
16
19% Jun.
common...*
30
30%
600
29% Mar
100
100
11% May
44% Mar
116^
Jun
6% May
19% Feb
a45 a45%
24
Apr
17
28
23%
14
Mar
10
28
370
10% Feb
Mar
25
239
'425
8
14% Apr
4% Mar
32
350
11%
939
21%
23
3%
200
6%
31%
3y4
'
6
9%
16%
5%
Jan
;8% May
21%
15%
Febj
25
'
9%
12
—10
common.....
3%
Febi
■
May
7% May
..1—.20
common.—
McQuay-Norris
27%
11%
15
8
16%
9%
~6
10
Apr
15%
11%
75
'
65y8
.
common..
common
,
48
Jun
May
Steel
Jun
116% Jun
...
i—
common
Securities Investment
—
...
Aluminum
Stix-Baer St Fuller
47.
17%
30%
Emerson
Sterling
——1957
High
<
8%
80% May
Co—
—
• ~
13% -Jan
125
29%
Hydraulic Pressed Brick common.——,1
Jun '
Low
17%
3
27% Jan
50 V2
Range Since January 1
High
-15
Brewing common
General Shoe
17%
———
25% Feb
Mar
Shares
common
Eqpt
Industries
Clinton
Preferred
St
St
Brown Shoe common
241
38
Sales
for Week
Range
of Prices
'
Huttig S St D common—.5
;V. 679
Exchange
Week's
Low
...1
common——
May
BONDS—
American
Par
American Inv
47
50
al84y8al88%
1
10
May
3% May
31% Jun
\
42%
.12%
.
Jan
13% May
32% Apr
Feb
23Vi
10
„
Sale Price
35% Feb
28%
5
U S Rubber Company....
;
Feb
992
26%
ZZZlO
,.""..1
,
,
•
a34ys a34%
...100
...I
STOCKS—
207
50%,
60%
hew com.*
Last
May
21% May
liy4 May
215
a83%a87%
♦
Co..
United Aircraft Corp
United Air Lines, Inc
United Corporation (Del)
150
Friday
'
'
Union Carbide & Carbon Co
26 Vb
al5»/4 al5%
>87%
.10
...
Feb
1,855
50%
1
—.
&
Feb
2%
a27%- a28%
«
^
8%
18%
31 ya
20
a28%
Corp
Company
Texas Company
Texas Gulf Sulphur Co—
Swift
21%
25
—
<N J)—_
Stone St Webster
320
1% Feb
22% Feb
29%
St. Louis Stock
5% May
11% May
440
a47% a49y8
Standard
Feb
13%' 13%
■
....
Jun
4y8
a31% a327/8
,
16%
26% May
40% Jun
Wagner Electric
common.....
common.
95
May
15% Mar
54%=
17%
17
5
—15
5
75
17%
1
common^
100
May
17
100
,13
Feb
53%
54%
530
48
Feb
32
100
19,
Jan
Jun
Jan
17% May
55% Feb
\
Volume 167
Number 4707
THE
COMMERCIAL
&
OTHER STOCK
RANGE
STOCKS—
'o
Aireom Mfg
Air
Par
Corp
Reduction
Alaska
Co
LUn)
Juneau Gold
American
Airlines
American
&
*
:
Mining Co
Jnc
American
Tel
&
Tel
Co
Viscose
Woolen
Co
Anaconda
Anglo
*
(Un)—*
Atchison
Co
100
Atlas
Corp
Imperial
Avco
Mfg
(Un)
Baldwin
Ohio
&
Bank
of
Basin
Oil
Oil
Bendix
Co
Home
155
May
30
Feb
67
May
37
Mar
55
39 %
40 Va
759
31
Feb
30
620
28% May
230
alll%all4%
65
89%
Feb
25
20
Feb
a22% a23%
9
Feb
7
171/e
260
270
40
230
Mar
60
13%
17
I
4%
Sullivan
(Un)——2%
«
Apr
920
30% Mar
37%
6%
Feb
17%
Jun
7,428
3
Feb
4%
Jun
26'A
200
23
Feb
29%
Apr
41%
Jan
41%
12%
23
24
32
321/2
& Co common
5
7%
(Un)__.
427
17%
Jun
34
350
-
Jan
May
.
7
Feb
8%
Apr
6%
Jun
700
Jun
9
100
10
Apr
35
1,680
28
Feb
39%
7%
-
52%
44 :
14%
a
Central
North
American
Northern
Oahu
Oil Co
Oliver
50
18
Chemical
Colorado
_!
Co
•52
"13%
10
1,820
Class
10
a
Pacific
Can
Fuel & Iron common.....
Columbia
Gas
Columbia
System
River
Commercial
3nc
Packers
Solvents
al8%
*
(Un):
50
Coast
Pacific
6%
43%
Feb
53%
Apr
15
Commonwealth
Edison
.,.25
Chemical
Ind
class
5%
Jun
Pacific
1,468
68c
May
a 58
1.50 May
Apr
Jun
44%
■'V
Lighting
Dividend
$5
Preferred
Pacific
Mar
65%
Jun
32%
Tel
Rights
Paraffine
Feb
57% May
...
Continental
Creameries
Crown
(Un)
preferred....
2nd
Crucible
26
B
(Un)
class
A
Dorado
Electric
....
Co
(Un)._
com.
Bridge
Eastman Kodak
El
com—5
.
(Un)
Bond &
Share
Plantation
Farnsworth
Fibre
Food
Machinery
7%
Jan
100
49
9% May
Feb
Hi/a
380
15
1,875
91%
Feb
Feb
28Va
75
7%
Feb
1,763
8%
Feb
4%
Feb
11% May
8% Apr
15%
65
12
12
101% May
128% May
Mar
Mar
Jun
16% May
16% ApX
15
700
7%
700
6% Mar
8%
Jan
29%
720
25 Va Mar
31%
Apr
46
240
34%
46
Jun
Feb
100
332
23%
22%
23%
3,170
14
14%
40'/a
41%
722
1.70
1.70
400
1.05
Apr
136
15%
Jun
15%
15%
8%
8%
4 %
39
15%
215
15%
1
9
•
9%
30
•
111
5
a43% a45%
199
7%
Feb
5%
Mar
600
Feb
25
General Electric
Food
Co
(Un)
;
•
(Un)_—
Corp
General
Cum
Motors
Corp
Paint
Corp
preferred
(B
Tire
F)
Co
a40
11%
64
Feb
14%
19
19
20'A
20%
23%
25
•
.
<Un)._.^-_—-
34
18%
a
...—_
j
Honolulu
Hudson
Hunt
Oil
Corp
Motor
Foods
Inc.—:
Idaho Mary Mines Corp
Idaho
Power
Inter'l
Nickel
Co
Co
International Tel
Johns-Manville
Kaiser-Frazer
Tel
Corp
(Un)
(Un)____
220
a33%
31%
al4%
42
10%
5
Libby McNeill & Libby
Lockheed Aircraft Corp
Loew's
Inc
21 %
Jan
Jan
9 % May
Feb
114%
45
Feb
Jan
Jun
7"% May
For
footnotes
see
10%
7
Feb
9%
Apr
6
6%
900
4%
Feb
6% May
a21% a21%
75
15% Mar
30% Mar
20% May
36% Jan
Oil
24
*15%
53
Feb
34%
Feb
19 % Apr
t
55
Apr
39"^
Mar
3%
Feb
•
40
"10%
16
16%
Apr
,46% May
.5%/Jan
Mar
48
Feb
May
13% May
Mar
19
Jan
Feb
22
Apr
4
Jun'
7%
1.60
Jan
3% May
Jan
Jun
10% May
52%
Feb
78
948
16%
Feb
22%
7
15%
1.90
Feb
'
19
May
Jun
Mar
104
27
44
45%
500
133
60
53% May
Mar
101% May
20% Jan
Jun
135
Feb
Jun
104
115
16
15%
15%
210
25%
25%
310
134
90
12%
;
Jun
45%
22% Mar
102 104%
103
%
V*
A
144
144
36
5
5
5%
1,518
10%
10%
10%
200
May
May
25%
Jun
104%
Juh
A
Jun
146%
Feb
%
8,466
Apr
Jun
140
Feb
4%
"l8%
"
Feb
Mar
,
5% May
11% May
26 Vs
26%
1.061
24%
24%
25%
450
18%
Feb
26
May
21%
21%
21%
644
17
Feb
22
May
'22
Jan
22
Feb
28
May
61
55%
Feb
300
2%
Jun
2% May
6 Vs
10
6 Va
8%
Jan
36%
Apr
Feb
55 %
Jun
•
55%
55
55%
1,956
a47%
a47%
a48
115
40
38%
40
955
14
12%
14
3,920
a9% al0%
15
—
—
a9%
1
14
Jun
7Vs
Feb
ll'/s May
34
54
35
114
34
210
22%
Feb
34
150
31%
Feb
34% May
31% May
28%
May
28%
28%
1.062
23%
Feb
31
1,033
22%
Feb
,
: Jun
Jun
31
35
36%
Apr
40%
22%
525
20%
Feb
24
29
33%
5,135
15%
Jan
21%
22%
590
15%
Feb
33
186
27% Mar
-10
a37%
-1
22%
22%
22%
31
5%
5%
100
4% Jan
16%
17
2,580
15% Mar
a37% a38 Va
Co
,
——.—
-1
-1
10
16%
5
P 10
10c
Foods Inc
20
a20Vs a20Vs
10c
10c
41 "A
17% Mar
33%
23
7%
Feb
9c
968
Jan
13c
Feb
41% May
30 Vs Mar
45
Jun
Feb
1C6
May
45
44%
45
650
149
14.9
150
30
a6
a6
30
Feb
6%
29%
26%
29%
3,878
15
Feb
29%
21
20
21
2,631
14%
Feb
21
32%
33%
1,860
Feb
34
15
5
32%
(Un)_.•
a30%
—
4%
28
261
25 Vs Mar
24%
516
22%
27%
27'A
312
24 Vs May
27%
25
25
25
preferred
conv preferred
cum preferred—..
cum
122
24%
28
a29% a30%
Apr
18% May
21
May
15
com
Jun
May
34% May
•
—5
*
Corp
Jan
May
32%
15,600
40%
—*
Oil
Jan
35
(Un)—
Co A
Soundview Pulp Co
Southern Calif Edison Co
4.48%
'A May
Feb
29%
(Un)
Socony-Vacuum Oil (Un)
4.32%
42
8
34
.n25
—1
Oil & Gas Co "A".
King Coalition (Un)—
Oil
49 % May
May
26% Feb
a34% a34%
.—1
—.
Union
Sinclair
48
Jun
Co Ltd-
4.88%
pfd A
Southern Calif Gas Co 6%
Pacific
Southern
Spalding
Corp
Sperry
Jan
Spiegel Inc common
(Un)
Calif..——
Standard Oil Co of N J (Un).
Inc
Brands
Standard
Studebaker
;
(Un)
59 %
2'-a
Apr
Jun
May
May
29%
Jan
25
Jan
28%
Jan
al2%
9 Vs
12%
a
28%
28%
69%
70%
85
6^4
1
25
—
28
A
:"i8o
2,710
85
70%
124
28 Vs
59%
Feb
■
30
Jun
'—.
May
13% May
28%
Jan
71
May
85
Jun
69% Feb *
16% Feb
E*
Jun
Jan
Feb
54%
.
28
34
a_.
'Feb
22
29'A
'
•
25
Mar
Feb
t 44
19% al9%
29 %
—•
of
Corp
(Un)
a
26'A May
•«'* 32%
I!tf3
1,309
33%
56
*
-1
1
2
—
—
33%
25
Co—...——
& Bros—....
)
(A G
Swift & Co
Company (Un)———_——25
Ass'd Oil com
.10
Apr
,
2.50
Feb
125
31% May
34%
380
25
Mar
31 Vs
197
11%
Feb
16
42%
330
34%
Feb
42% Jun
8%
Feb
15
Jan
Jun
65
62%
28% May
30%
28%
30%
2,005
19%
Feb
31% May
12%
6,899
10%
Feb
13%
16%
527
16
Jun
21% Mar
693
-41'
41% May
(Un)—i—•
25
Union Sugar
———'—12%
United Aircraft Corp (Un)^_
—5
United Air Lines Inc—.—
10
United Corp of Del (Un)—I———1
U S Steel Corp common——:.
*
Universal Consolidated
Oil
;—10
Utah-Idaho Sugar Co (Un>—i———5
Union
Carbide
Union
Oil
.
k
-
Carbon
&
of
Co
Calif
s
•'
com
x
■
-
51
Apr
25
Feb
10%
10
415
750
14
Feb
24%
al9
170
16
Jan
20
Jan
Fargo
Preferred
West
Indies
Western
Air
Sugar
Lines
Western Dept
——
Inc
(Un),—
Apr
Apr
May
Western
-1
Preferred
.1
1
25
21%
Feb
34%
Jun
f
;14%
Apr
20
Jan
,
1
18
18 Vs
28%
'29%
464
'■23'A
Feb
30% May -
15%
15%
15%
572
15%
Jun
19
a3%
a3V»
.
81%
81 Vs
a62Vs a62%'
3
:
15
2Vs Mar
773
-
:
68% Mar
90
3
)
Feb
3% May
81%
3%
7%
1,570
Feb
11%
28
28
235
27%
Feb
32%
11%
11%
12%
1,280
10%
Feb
14
280
280
10
Apr
301
'.
63c
75c
16,794
•7%
8%
11,663
275
31c
•
8%
4%
16'A
16%
219
13%
21%
21%
21V*
■100
19%
a9
a9
88
19%
19%
19%
200
16
a70% a70%
35
Mar
a24 a25%
125
7%
19
Jan
May
88c
Jan
16%
Feb
•
24Vs May
Apr
Mar
Jun:
Jun
10% May
22 % May
a__
Mar
32
33 V8
1,470
25%
Feb
10Vs
200
8 Vs
Feb
a47% a48 Vs
122
9%
9'/2
150
24'%
25
42
46
May
8% Mar
24
Jan
8%
10%
9%
Jun
May
Feb
a—
a47%
Jan
■
10%
-
Jun
67 Va May
2% Mar
500
11'A
38 %
Apr
11%
RR
•
May
1,267
29%
1
50c
Stores
Pacific
32
300
18
Bank
(Un).——
'
34 Vs
a40% a42%"
34%
_
& U T — i—100
(Un)_.
1
——1
West Coast Life Insurance (Un)—5
Wells
a42%
-
Equipment Co—:
—1
Waialua Agricultural CO--——20
Warner Bros Pictures
(Un)—
5
Victor
Yellow Cab Co common
57% May
Jun
21
24%
Jan
Jun
16
Apr
Feb
45
375
23%
36%
65
12%
....
Jun
43
864
24
al8JA
52%
-2
Corp
preferred
100
Western Union Teleg class A (Un)„—*
Westinghouse Elec Corp (Un)
12%
Willys-Overland Motors (Un)
—1
Woolworth
(F W)
(Un)—
•-——10
Jan
57 Vs
18%
32
870
65
Feb
Mar
100
a33% a34%
West Air ..—^—5
Water
Jun
May
46%
8%
a33 %
Westates Petroleum com
15%
465
103
130
133
47
Jun
1,548
1,832
1,222
2%
Shell
Texas
Jun
34%
10%'
53%
35% Apr
Jan
a75
Signal
Silver
j,
1,675
Jan
53 Vs
Mar
6 Vs
(Un)
"B" (Un)
Transcontinental &
850
29%
33
2%
Roebuck & Co..——
Sears,
Transamerica
500
Apr
27 %
a72Vs
Safeway Stores Inc
San
Mauricio Mining—.—.
Tide
325
31%
366
Corp
Fine
W
and
S
Jan'
3,225
29% Mar
28
2%
Co
Aeronautical
Ryan
Jun
1,921
650
6%
—-—-——-
28
250
2,727
2,428
30'A
27%
—
common
Bros
22
610
35%
34%
30%
.100
23%
106
35
34%
30'A
a75
——-——.
18% Mar
335
35%
34%
Republic Steel Corp
Jan
23
10
50
*
Reynolds Tobacco
23
24%
a
Jan
a8%
—20
Rheem Manufacturing Co
Feb
56
7
10%
Jun
45
'
Apr
14% May
Jun
.III
——
Petroleum
Republic
12
31%
a
Feb
6%
144
& Timber
Preferred
64%
18 Va Mar
96
?'
Feb
Mar
23
1
page 47.
220
a
10%
150
(Un)-
C
Preferred
300
4,201
.
42% May
40% Jun
46
*
*
(Un)
17%
30%
14%
42%
a
22Vs
215
34%
a
7
78,
17%
•
Kern County Land
S.
76%
17%
1
Kennecott
4%
.3%-'
21 Vs
•
Copper Corp (Un)
Co
Lsngendorf Utd Bak class B
21%
7
*
•
Corp
17%
4
76 3/4
1
(Un)__
I
12%'
3%
l
20
Canada
&
4
1
-6.66%
(Un)__,
.
B
(Un).
Co
220
.4
60
20%
21%
27%
460
Jun
3
"
•
....
Oil
11% May
757
44% a44%
'
* •
•
4
Car CO—
-V
100
17%
...
•
;
4%
12%
—
Pineapple Co Ltd
Hobbs Battery Co class B (Un).
fHolly Development
Holly Oil Co (Un)—
'
a6l
4%
300
6%
—
of
Radio
51
1,674
a45% a453£v
a45%
35
200
■„
19%
a'59%
*
.Graham-Paige Motors (Un__1
Gt Nor Ry non-cum pfd
(Un)
*■
Greyhound Corp
3
Hawaiian
34%:
19
*
(Un)
29 Vs
29
13%
.1
(Un)
Puget Sound Pulp
(Un)
Jun
42 %
31% Mar
118
64%
20
_*
744
42
11%
»
—
"
23%
i
....
Hale Bros Stores Inc.J
Co
Standard Oil Co
a40% a40V4
-w/.
........
Rubber
&
41%
'
•
com_._i..
Gladding McBean & Co
.(Golden State Co Ltd com
Goodyear
:
10
(Conv 2nd preferred
Goodrich
42
"1-2%
General Metals Corp
General
:
.
.
Apr
29
13%
74%
Mill
Mines
Gold
Pioneer
Apr
Mar
34% Mar
5
Apr
"f
General
58c
Apr
38% May
57% May
43% Jun
L
5% Mar
1,802
alll%alll%
7%
Feb
Feb
Richfield
22%
5%
a45%
Feb
27 Vs
15% Mar
Roos
103%
43%
—2%
39c
185
41
Jun
21
5%
—10
200
130
Jan
296
•:
43%
—100
43c
300
13
300
125
28%
-20
.
pfd (Ux
Corp.......
pr
17% Jan
43c
a56
34%
26% Mar
29%
IIIi
26 % May
Jun
16%
Jun
15
29%
Feb
12%
Jun
16%
63%
9% May
33%
41%
Radio
&
Prod
360
May
44
_*
15
...
Co
Tele
Board
9
2
6%
*
———_
Ewa
•7
_*
(Un)_. .2115
Co
Emporium Capwell Co
Eureka Corp Ltd
16% Mar
Jun
103
10
(Un).
Works.....
Oil
Jun
1%
21
-10
......
of N J
Co
Jun
10%
15
17'A
230
Feb
May
a52%
6% May
47%
7%
15
_^_5
Co
Dominguez Oil Fields
Dumbarton
Feb
Mar
1,763
alO% a 10%
common
Doernbecher Mfg
Chemical Co
4%
3,816
a48
27
8 %
1
255
13%
16%
77
-25
Railway Equip & Realty
Jun
1%
100 100%
....
25%
12%
Feb
Mar
33Va
47
11%
125
28%
(Un)___.._.____l
Fruit Corp
Giorgio
Dow
*
*
(Un
59%
Jan
15
67
(Un)——
Cola Co
28% May
10%
*
Amer
Feb
8%
-
—50
(Un)__
Mar
38 % Mar
870
32%
32%
32'A
—•
(Un)—..."
Phelps
Riverside Cement
-W— -
of
Co
Publishing Co
Curtiss-Wright Corp
Class
1
4,424
•
(Un)..'—
Corp of America (Un)
Radio Keith Orpheum (Un)
8%
...5
preferred...:
Steel
Curtis
Di
Inc.......
59%
_•
(Un)
27% May
3% May
a64 a65%
..l
20
•
Feb
24% May
49% Apr
a45
(Un)———5
Zellerbach Corp common
$4.20
$4
(Del)
Amerida
of
Feb
Jan
1%
Motors
Continental Oil Co
Feb
22% Mar
2%
50
23
10%
11%
402
Dodge Corp
(Un)
Phillips Petroleum Co.
Pepsi
Pure
a28% a28%
a48
,1
.
1,735
6
—
Pictures
Rayonier Incorp
(Un)__15-
13
16
55
a21%
100
Companies common
Jan
70
45
Co
17% May
13% May
Feb
75%
■a1.-
com
Pan American Airways
16
15
20
4,250
681
Gas
Co
Pullman Inc
15
;
12%
a8%
i_—.....,.—100
Jun
23%
...
12%
(Un)—10
——
,
19% May
a5%
Natural
875
6%
common—,--.—100
preferred
14%
23%
;
Jun
17 Vo
6% May
,,
13%
25
...
Tel
Packard Motor
10%
465
14%
a5%
Rights
Jan
2.00
Service, com,——A-—!*
&
13% Mar
•
181/2 al9%
5
Consolidated
11%
Feb
a39% a40%
10
—:—;—
1st preferred
Pacific
20% Mar
47
Consolio'ated Vultee Aircraft—
Jun
43c
i—
—
Public
355
44 %
Consolidated Coppermines
Corp
(Un).
;rv 175
22%
Consolidated Edison Co of N Y (Un)__•
.
Apr
1.55
Jan
54
•
59
Vs
Jun
38
1,261
31,4
47
6%
10%
25%
—5
Pacific Portland Cement com
Feb
May
45 %
Jan
1st
3,919
a 28%
28%
13
12%
25
25
25.
common—I—*
pfd
pfd
1.25
38%
65%
15
a
22 %
930
5
...
com........
1st
Pennsylvania RR Co
3%
•
A
Feb
Jun
19% May
Mar
Electric
&
1st pfd
5%%
Jan
-
Gas
Pac
Paramount
a27%
,
8%
18% Mar
29
Aggregates
Corp (Un)—
38
3%
<
19% Jun
11% Jun
May
15% Mar
400
57
1
Finance
68% May
13%
Jun
16
A—
:
33% May
a27%
—*
(Un).___.*
&
a
14%
*
(Un)
Southern
Commonwealth
Consolidated
•
tUn).
20
Feb
1.85
—20
Co
53% Mar
55%
739
Jun
14%
75%
•
687
22%
May
51c ' May
10%
100
(Un)
1.080
38
a 57%
31c
65
a6Vs
13
...20
B
Onomea Sugar Co
38'
63%
3 %
•
class
Filters
Jun
16%
*
64
1.10
38
1
—
Mar
48 Va Mar
1.85
100
(Un)
3 Vs Mar
10%
(Un)__10
(Un)...—
Jan
Jan
a6%
10%
Cons__________ 10
Railway
36%
_l
(Un)
pfd...
Jan
34'A
Mar
18c
1,565
'
Jun
17%
35c
800
21 Vs
1
(Un)
United
19%
11%
20
16%
common
62
25
19%
i|nrr»
1
Occidental Petroleum
Ohio
2,350
11%
—III
...
Ltd
Co
279
20 Vs
■
Jun
18%
1.15
5,500
20
37%
31
5,000
65
11%
Oil
Pacific
Sugar
29
42c
17%
5
•
(Un)
Co
Co
24
39c
May
Feb
13% Mar
3,210
19
III10
(Un)—;
North Amer Invest 5%%
North
29
31
18% Jun
„
150
2.50
64 Va
—
Aviation
American
2.25
42c
(Un)
American
North
Pioneer
Clorox
RR
a32 Vs a34%
—**
1
Service Corp......
Mi.iing
1,108
—10c
Prod
Company
Park
Y
N
Jan
3%
1,000
a48% a48%
38
2.50
_!
24
30
16%
_* /
...
•
16 % Mar
7%
14%
Linen
Natomas
Jan
39%
52%
Natl
15
High
14% May
Feb
Mar
35
535
14%
9%
24
10
18%
2.50
Fibres
Auto
37%
18%
(Un),
Co
Nash-Kelvinator Corp
National
37%
14%
*
(Un)
Lode
'National Distillers
Jun
14
37
a
A--—*
Chesapeake & Ohio Ry (Un)
Chrysler Corp
-
64%
Jun
25%
'
Jun
12%
100
30
39%
25
Co.—
64%
-
690
7%-
50
(Un)_..__
-
6%
*
Cons
Mother
Morrison-Knudsen
Jan
6%
*
& M & M
M J
Mindanao
1,180
—w'
Co
Montgomery Ward & Co
34
31
18%
.1
-
Low
a 13'A
30%
30%
»
(Un).
Range Since January 1
High
al2%
—5
Co
Shares
Low
(Un)_.
McKesson & Robbins Inc (Un).—, 1—18
Menasco Mfg Co
1
,'
Pacific
82
150
7%
___
Navigation
L)
for Week
Jun
18,726
64%
:
(Glenn
Matson
Jun
19% Mar
;•
•
'Celanese Corp of America..,!
Central Eureka Mining Co
Co
15
38
....il
;
Tractor
Jan
Feb
16% May
Vs a44%
-
(Un)——1%
Railway (Un)
25:
Pacific
11%
26%
75
12%
10
——*
150
435
64%
a43
May
May
42
4%
a
25%
a43%
'64%
280
Apr
17%
4
5
Jun
37i/a
12%
j5
Jun
7%
17%
37
_2
„
17%
/
38
al7%
—15
May
16% May
Feb
40%
May
13%
36%
al7%
—1
Preferred
Service
Jan
a42% a42%
Canada Dry Ginger Ale
Cities
5
5
Trading common (Un)
Facking Corp com—
(J I)
10%
800
33 %c
Pacific
Case
12% May
418
7%
,20c
—
(Un)—_
(Un)
Caterpillar
305
15%
7
5
California Cotton Mills.—;
.Canadian
17%
14
7 %
Bancorporation
Martin
Sales
Range
of Prices
,
1
—
Calculating Machine
Marine
New
May
114% May
24
May
6% Mar
4%
Jan
15
596
(Un)
&
11% Mar
S00
100
—....
Calamba Sugar
Calaveras Cement Co
..
14%
32 %
7%
r,Byron Jackson Co_.__:_—
California
14%
May
40 % May
6%
(Un)_
Calif
30
13
Boeing Airplane Co
"
30
50%
Co
Marchant
Jun
673
(Un).^*..-„.
,Bunker Hill
67
148% Mar
932
Jan
52
100
Blair Holdings Corp
Co
51%
6%
N A
Borg-Warner Corp (Un)
Broadway Dept Store
May
May
16% May
7%
(Un).
Bishop Oil Co___
Borden
al56Vsal58%
11
3
Appliances
Bethlehem Steel
96
4
Feb
2.50
(Un)
Corp
a67
Jan
12% Mar
a69
(Un
—
Aviation
Bendix
505
Mar
a69
1
California
Barnsdall
7
180
275
a64%
5
RR
2%
3%
16%
4 V* May
10
51%
Bandini Petroleum
j
al56%
(Un)_100 all4%
Engine
(Un)_.
Locomotive
Baltimore
Jan
10 >/4
_5
:
(Un)
Diesel
Corp
3% May
7%
26% May
•
Topeka & Santa Fe
Atlas
100
310
Jan
14
(Un)__
(Un)
(111.)
3%
8%
153 a
a67
Copper Mining (Un)
50
National Bank—20
&
23% Mar
lOVs
■
—
California
Armour
,
—
*
High
1%
Jun
105
3%
(Un)
Corp
American
%
8%
—
Foreign Power (Un)
American Power & Light (Un).
American Rad & Stand Sanit'y (Un)
Ameiican
100
3%
._1
American Smelting & Refining
Low
%
a25 a25%
—10
(Dn)
Magnavox
Range Since January 1
High
%
Week's
Last
Sale Price
Par
Shares
Low
—50c
;
11
STOCKS—
for Week
of Prices
Sale Price
JUNE
Sales
Range
41
.
EXCHANGES
ENDED
Exchange
Week's
Last
FOR WEEK
(2609)
Friday
San Francisco Stock
Friday
CHRONICLE
FINANCIAL
May
24% May
33 Vs
Jun
11% May
46
,
May
11
Jan
27 Va
Feb
,
■'
42
(2610)
THE
COMMERCIAL
CANADIAN
RANGE
Montreal Stock
FOR
&
FINANCIAL CHRONICLE
LISTED
MARKETS
WEEK ENDED JUNE 11
Last
stocks—
■;
stocks—
Sale Price
Par
Abltibi
Power
&
Paper common
*
21%
3,342
17% Mar
39%
75
36% Mar
39
16%
19 % May
4%
19
19
100
8
180
55%
1,005
64
63%
64%
835
43
25%
25
25%
1,541
10
10
10
150
25
*
Pap
conv
class
•
A—
18
38
Feb
4c
17
18
1,555
14
Mar
45
27
45
Jun
100
39
36%
39
440
30
•
—
40
39%
41
1,277
37
•
56%
Apr
65%
Jun
Noranda Mines Ltd
Feb
25%
Apr
Ogilvie Flour Mills
Jun
13
Feb
Ontario
Steel
Corp
18
4'/«
32%
•
common
34
Jun
174%
16% Mar
19
Feb
Jan
Feb
27
1,431
21
Feb
33%
35
28%
Feb
22
1,096
28
28%
310
41
100
Feb
7%
21%
St
May
1,563
Mar
25%
25%
26
-
Mar
'
-
695
24% Mar
18%
18%
25
16
Mar
41%
41%
41 %
1,334
25
Jan
13
19
681
15%
101% 101%
15
101%
100
•
36%
Jun
Feb
19
Jun
Jun
103
36
36%
410
21%
11,610
44%
44%
415
15%
.*
—•
16%
660
11
Feb
1,810
16
-
18% May
42
21%
1
ft
Co
Ltd
•
common
Lawrence
preferred
68
12%
Feb
18%
Jan
22
37
771
13%
12
13%
13%
11%
12%
50
43
43
com..—.■—»
7 28
*
com
—
Mills
-
Feb
44% Jun
17
May
36%
——100
—
St Lawrence
Paper 6% pfd
Shawinlgan Water ft Power
Series a 4%
prefeired
14% Mar
22
May
27
29
May
Mar
41
Mar
15
Jan
18
Sicks Breweries
May
12%
12%
13
50
40%
40%
40%
41
Canada Wire & Cable Co Ltd class b_*
Canadian Breweries
•
35% Mar
42
30
30
50
24% Mar
30
20%
19%
21%
13,512
__
44
44
10
Southern
Power
Jan
50
13%
Jan
17%
Jan
12
Mar
14% May
10% Mar
16 %
Jan
120
35 % Mar
46
Jan
28
31%
Jun
35
Jun
155
155
1
155
Apr
155
Apr
130
10o
129
130
195
109
Mar
132
Jan
"'
7
com—•
23
22
23
9,877
20% Mar
23
Jun
50
47%
47%
47%
530
44% Mar
47%
Jan
16%
15%
15%
16%
15%
15%
100
100
17%
19
7%
8
common™..—
Canada
68
Feb
15% Mar
155
.*
Voting trust certificates
•
Simpsons Ltd 4%% preferred—100
May
10%
Mar
>
7
:
__
7 3,160
12
1,285
Mar
16%
11% Mar
180
..
Jun
16
May
Apr
98
101
May
Feb
19
Jun
30
54% Mar
Jun
1,250
-
28
-
Apr
29
50
17%
*
17%
•
common
Flour
'67
12%
16%
•
Corp Ltd
preferred
a
67%
*
May
42
■
28 %
18
43
—
Lawrence
7%
Jun
.7., "-3
41
52
May
May
1,395
Co
Paper
Class
St
8% May
Jan
Bros
Rolland
Feb
7 15 ;7 7:7 125
15
Price
Apr
Feb
610
26
25
Provincial Transport
Quebec Power
3% May
100
200
Jun
19
Power Corp of Canada
Jan
130
35
Apr
13
50%
*
—
Powell
4% May
2 % Mar
8%
.
45%
10% Mar
49%
•
Jun
May
27 Vt May
2% mar
24%
41% Mar
125
24%
<
common
preferred
River
25
12%
25
Rwys
Power
Page-Hersey Tubes
Placer Development
25
24
63
&
Jan
43%
22% May
20%
1,388
h
Jan
22
Feb
3,010
,
29% May
10% Jun
33
8%
■
5%
100
32
7;
•
Jun
Mar
21%
f-M
:::io
66c
17
28%
-s
-"100
Mar
17% Mar
400
3
100
35
l
160
250
26%
3
—
Ottawa
10%
1,395
4%
26%
_3
—*
Electric
Jan
7%
24% Mar
550
18%.,
4
1
Ottawa
80
1,348
27
,
Jan
Mar
5% Mar
Apr
45
12%
—
49%
—
Jan
40
Apr
—•
common
Products
Feb
48
Mar
•
.
May
18% May
43%
5
Feb
3,741
24%
B_—;—
Canada Iron Foundries common
21%
24%
7
•
common
Canada Steamship
5% preferred
38
40
45
25
Car
70
52
20%
26%
*
—
21
27
•
preferred.——
Feb
40
45
preferred
10
1,900
10%
24%
pfd -100
Building Products
28%
20%
•
Dry Dock Co Ltd class A.
34
17%
National Drug & Chemical pfd
24
100
171% 174%
20%
•
class
66c
28
173%
I~~25
Class B
Forgings
7%
High
45
40
Jan
9
33% Mar
55
21%
"100
British Rubber of Canada 5%
Bruck Silk Mills
Low
37%
40
*
common™
National Steel
420
77
10%
—
British Columbia Forest Products„
British Col Power Corp Class A
$1,30
7%
28%
*
preferred
Range Since Jannary 1
High
37
25
—
National Breweries
Apr
30c
7
77
'
——
Canada Cement
37
•
-100
Corp
ft
Feb
7% Mar
53%
66c
Telephone
Canada
4,140
3,8
•
Brazilian Trac Light & PowerBritish American Bank Note Co_ ——*
•
British American
Oil common
Burrard
19
54
pfd—
—
Shares
21% May
38%
—:.
Works
Tramways
20%
Associated Tel & Teleg class A
3%%
Montreal
19
•
Pow
19% May
38%
Warrants
Bathurst
12% Mar
20%
•
Can
Locomotive
Telegraph
*
of
Montreal
*
preferred
Montreal
—•
Amalgamated Electric Corp
Argus Corp Ltd common
4 % %
preferred
Cottons
Higa
20
Aluminium Ltd
Bell
Low
—"
—
Asbestos
High
18%
—,s
—
Agnew-Surpasg Shoe
Algoma Steel
Co
Range Since January l
20
preferred
Acadia-Atlantic Sugar class a
Aluminum
Shares
Montreal
18%
$1.50 preferred
$2.50
of Prices
Low
Molson Breweries Ltd
for Week
for Week
Low
Sales
Range
Sales
Range
of Prices
Sale Price
Par
Week's
Last
Week's
Friday
-
Exchange
Canadian Funds
Friday
Monday, June 14, 1948
Canadian
Bronze common——
Canners
•
Ltd common
Canadian
$1.75
Celanese
■
■
Class
.20
Alcohol
class
Cockshutt
Plow
Consolidated
17
.25
15%
&
Smelting.
117%
Distillers Seagrams
•
...
•
7%
Red
Power
General
5%
Steel
123/4
Jun
,36
May
14 %
May
10
Mar
13%
Apr
20% Mar
30
Jan
11% Mar
15
Jan
,
12% Mar
15%
1,795
10
114% 117%
9,366
91% Mar
Feb
15%
38%
37%
common
40
33
Mar
100
24
Feb
19%
21%
2,115
32
394
27
Feb
19%
20%
905
16
Feb
20%
26
32%
Jan
35
19%
19%
14
Feb
615
23
150
22% Mar
22
25
20
22
Feb
12%
12%
12%
2,225
11
Feb
101
101
101
85
98
Jan
27
27
19
15
25%
16*%
19
150
300
14% Mar
15% .16%
v
24
24
10
90
90
90
20
19%
20
110
110
3%
3%
—II•
3%
15%
51
17
9
33%
50
47%
29
16% Mar
17
15%
16%
102% 102%
51
16%
9
11%
Jan
16%
Jun
18% May
"24% Jan
Mar
15
87 i
Apr
90
Mar
435
18%
Feb
20
Jan
30
107%
Apr
110
2% Mar
4
Jan
250
5
51
14
101.'
13
Mar
6%
17
Feb
9% May
661
12
24% Mar
7
7
7
IOO
6%
Jan
7
Feb
42
42
42
390
29%
Feb
42
Jun
common
15
1
Labatt
Public Service
"•
Ltd
Feb
35
Jan
10
86
101
Jan
Jan
25% May
May
50
92
#.
Jan
103
May
30
75
11
11%
200
22
9%
Jan
30
May
Feb
13
Jan
Mar
27
25
100
39
36%
39
4,140
29% Mar
39
Jun
70
67
70
2,872
46
Mar
70%
Jun
see
page 47.
1
,
*
Canada
ft
Canada
B_;
i
Dominion
Starch
Co
*
,7
<
.1
•
^
,
•
■
20
Jun '
21%
Jan
21%
Apr
23
j ah
25
Feb
28
Jan
35
Mar
37%
23 % Mar
Feb
; 25%
21
Canadian
Fairbanks-Morse
7%
Products
jan
^
SUk
Products
Neon
Commercial
8%
15%
13,333
11
Mar
49%
49%
15%
Jan
52
700
Consolidated
39
Mar
53
Jun
Crain
Consolidated
*
-
Advert
Alcohols
Ltd
of
;
.•
Paper Corp Ltd
14% Mar
16
675
9
Feb
8
8
50
5
Mar
16
Mar
20%
21%
2,931
15%
14%
15%
10,535
20%
21
95
9% Mar
16
Feb
Apr
10% May
Textile
t
8% May'
40
-
Jun
12%
Jun
17
Jun
24%
-
Feb
Jan
Jan
175;
Jan
61%
-'.2
376
75
Mar
-
8
25
il
4%
Jun
Jun,
2% May
Fep
1.50 Mar
22
.
40
210'
-
152
143.
152
2% Ma*
-Mar
4v4 > 4%
20 % Mar
■
370
4%
:
9,310
130
25"
•■'."41%
Feb
Jan
Jun
149
May
4% May
73% Apr
f
Jan
May
39%
Mar
1.45
384
12
Limitee
Woollens &
12 %'
13%
Ltd
com
13%
Mar
14
.7 Jan
30
'50
26
Feb
30
May
30
15
Jan
15
Jan
51
16
46%
Anr
'51
a_j
16 ;"
Jun
15%
Jan
45c
Feb
v
21'..
16
9
435
7%
25 7
8%
50
32
■
8%
32
105
: 30
'8
11-
628
,
43
'
—
-
43
176
-7—'" -'*39%
43%
16%
*
*
22%
:
39% ;
'50c
200
f-
43%
5
1.00
1.00
1
45
44%
45
275
*
21% May
5
5
-5
•
2%
2%
2%
875
.
1.00'
Feb
Feb
Feb
Feb
.
16%
Feb
21% May
23
May
8%
95c
32
11
Feb
Jan
Jan.
■
Jan
43% May
39% Jun.
43 % Jun
10% Mar
17%
20
20
Fleet Mfg ft Aircraft
Apr
Jun
Feb
37%
75
845
Fanny Farmer Candy Shops Inc
Federal Grain Co class a—
Feb
6%
33
1,050
22%
Jun
33%
50
16% '"7 17
22%
42%
_*
May
Mar
8,582-7 ; 14% Mar
50
•
"
735c
26
22 * 22%
50
__*
Worsteds
Donnacona Paper Co ltd^
Jun
7%
Apr
'
'
20
8%
6%
13
100
67 7
Jup
3% Feb
6%
125
13%,
16
'7 22 •"
•i
4,245
45c 1' 45c
»
class
48
-
;
•
12
15
7
15
•
75-:
Fairciiild Aircraft Ltd
Jun
8% Mar
'•
1,990
16 v8 May
21%
May
162
175
-
'24 %*"
40
^
•
Mills
Domipion Square Corp
Dominion
-
95
24%
20% 4
Class b
i
Dominion Engineering Works Ltd_j__'»
Dominion Oilcloth & Linoleum Co—*
180
74
■'■2%''2%
-
«
Jan
10%
May
■74
2%-••• 2%'.
*,
Jan
143/4
34
-7, 3
377/a -39%
* <!
32%
10%
Jan
34
!
Canada—•
25
14%
25
170 "
7%.
Feb
21% May
17% Jan
Jun
13%
168
7%
Mar
21%
38% '
Jurt
Jan
18% i Mar
19% Mar
7%;
27
13% Mar
•
10% Mar '•
14
6%'
23
165
20%
11
110
;
■
Jun
165
6%
David
15%
100
is;
"
12
6%
Jan
15
Jan
' Jun
40
34
common—_•
Jun
15%
Feb
Jun
11
■'477' ;5-7
-
:777,7':; 4%'- 4%";
-
—5
Bakeries
Frere
6%
114
,;
'
22
51
Ltd
&
15%
7 6%
:
120
••*.*
73%
pfd__100
14
16% Mar
925
7
v 7
100
30
13%
30
Feb
604 'w
15
—
General
11% Mar
109
7% May
134% Jun
•
10% Mar
25
Jan
;«■'•■
3%! Mar
23 %
1
20
21
Feb
1.00
■78%: Mar
16%
•••'
-
"C.'2
1,895
29%
•f. 74
1,390
Juri
17
4 % Mar
20
42
■;
Apr
Mar
7,250
165
2%
13
29
Jun
16 *'
22%
7774
com_*
13%
25
42
40c
16%
wt;>
a—*
Ltd
13
21
100
Feb
Jun
*
13%
95
;
2%
13
21
:
200
20%
-y.-.y 12 *
12
23
1
common.'—
Preferred
14%
Jun
.
20
13%
"
100
preferred
Consolidated
7
5%
34
16%
7
•
common
13%
Catelli Food Products Ltd common
preferred
Apr
Mar
■
4 Ju^i
11
10
1,400
7% 7:' \77 5 "
22
y
•
Canadian Vickers Ltd common—*.
7% preferred
li.
100
Canadian Western Lumber Co—
2
_;"5%
42
100
34
"
Cassidy's Limited
High
Jan
15
9,280
6% '4' 6%
"-i
com—•
class
779',
193
:
17
19%,
y.
Ltd_i—_•
Canadian Light ft Power Co
Canadian Marconi co —i—
Canadian
Low
'225
•
•
109 7 114 7;
7
7
t.———100
Canadian Inter Inv Trust
Range Since Jannary 1
45c
43/,
20.
100
Ltd.
common
preferred
Sales
Shares
128% 128%
v..
V'—^ '•
-———*
Ltd
42
40c
.
114 4
•...
Co
Investments
.
.
:, v
7"
-100 7
Canada Vinegars Ltd
Canadian Dredge & Dock
13%
7%
'•'j 5%
common.—.™5
Consolidated Div Standard Sec cl a
106
,
..
Sugar_4—
Ltd
12%
—1.
-100
preferred
15%
—
Jan
26% May
45
May
-
430
Higfl
17
common...—i— —1
^.
■
,,,
Mar
—
For footnotes
;
95
10%
"
common
class
—;
5
__
Oil
Company
Preferred
106
•
Mitchell (Robert)
Packers
13%
_•
b
21'
Apr
for Week
20
,"
15
MacMillan Export class a
31% May
May
28
■
il
pfd.-.20
Jan
24
29%
-
Massey-Harris
McColI-Frontenac
Brown
Claude
30
—
Jun
-
Feb
34%
1,315
'
> .•
10% ;
i
A
Canadian Pow & Paper Inv
14
■.
Range
l0W
Jun
19% May
Jan
86
May
53%
Mar
101
May
48 %
Mar
_♦
a)_,
Laura
Class
44
-3
(John
5%
class
,*
(r l)
Cub Aircraft Corp Ltd..
(John)
Lake of the Woods common
Secord
Lewis Bros Ltd
23%
175
86
Limited
Lang & Sons Ltd
Columbia
106
•
'7
_*
—
Jamaica
795
101
»
Feb
Mar
"
20%
335
:
.
of Prices
0;-: 13;;
Canadian Ingersol Rand Co Ltd
220
25
<
Week's
•
18%
May
13%
International Petroleum Co Ltd—
International Power
International Utilities Corp
25%
,.v
British Columbia Pulp & Paper com..*
•
25%
•
Ltd
Jan
25%
11
Mlllen
52%
Jan
25%
—125
&
British
Food
.14
—.
-
,
35%
li;,;
—
Gen
-43%
$4.00
35
5
Co.;,
Beatty Bros Ltd
Belgium Glove & Hosiery
Canadian Industries
8\488
-100
101
,90
881
••
25%
* 24%
■
»
Limited-——
Canadian
1,415
...
Steel
Jan
18%
—
Atlas
Jun
13%
Paper
preferred
Development
17%
18%
International
Anglo-Nfld
104%
50
575
.
Jun
Mar
19
'.
c'7-285
20%
-
25
Par
Apr
895
9%
24
105
70
22%
25%!
Sale Price
Glove Works Ltd-—
Feb
13%
—
?
STOCKS—
__.
563
17
Feb
Jan
8% May
22
22% Mar
1,025
43%
22
.10
Canadian
75
/
Jan
69% Mar ;,'
280
7
165
Mar
101
1,030
19
Mar
5
21
v
295
31
20%
.
.10
Jan
18%
preferred —;
International Nickel of Canada
20%
Last
May
Imperial Oil Ltd—.
•
Imperial Tobacco of Canada
common_5
6%
.10
22 vs
7%
•?..
7:
25%
43%
Canadian Funds
19% May
18% May
15% Mar
19
Jan
53%
Intercolonial Coal common
International Bronze common
Jun
Montreal Curb Market
13% May
105
Jan
19
17
17%
Industrial Accep Coip class a—
4%% preferred
-100
5%
preferred
-100
7%
;
V. '•: 51
90
*
25%
25%
35%
Brand
17%
£i
Jan
Apr
7*—
May
47%
....
Jun
7
80
'
27% May
22
,
Mar
33%
—
19
-
v
Royal
19% May
26% Jan
52%
preferred
19
—
.10
'
12,420
27%
_25
81%
160
5
101
90
28% \
25%
Jun
33%
prefererd
Mar
;
/•
103
—26%. 26%
_.
Jan
47%
6%
Jan
72
Jun
25%
•
67
,
7300
/
22
•
—
7;
8
'
101
.10
Acme
18%
161
'
22
.
.-iv
•
common.
Jan
53
4%
„
——
22% May
33% May
16% Mar
35
•
—
161
—7%
-
Mdy
flay
37
25
35
*
preferred
.92
■!
Jun
8%
/
■;
Jan
•
$2
«/%
>%;
Jun
Mar
28
•
16%
5% Mar
68
-L-
*
Montreal
Jun
117%
32
17%
—
Hudson Bay Mining &
Smelting
Banks—
37% May
•
•
50
————100
...
Winnipeg Electric
'
150
37%
Feb
——-100
—
100
—
Zellers Limited
213/4 May
Feb
:l7—50
—*
79
81%
—
Nova Scotia,.
7,542
•
common
78%
•
Commerce
7
30
*
pfd 7
Gypsum Lime & Alabastine
—
Canadlenne
125
-100
preferred
preferred-
Ltd
Mar
23
_-__100
Goodyear Tire 4%
Wilsils
10
27
'2.
.356
1,275
...
81%
:
'
375
,:
7%
common——;
preferred
26% Mar
30
395
Corp
■,
_*
Walker Gooderham & Worts
Weston (Geo) common———_
18% May
.
27%
m
common
Hamilton Bridge
Howard Smith* Paper
Jan
37%
1
—
Wares
Apr
27%
•
...
preferred
.
25
,
Wabasso Cotton
Jun
25%
Electrolux
Gatineau
13
12
t
23
•
common
Foundation Co of Can
common—;
Corp—.—
Biscuit
5%
May
May
39
37%
—
5%% preferred
General Bakeries Ltd
82
.
Mar
37%
Donnacona Paper 4%% preferred. -100
*
Dryden Paper
1
Eddy Paper Co class a preferred- —20
Gair Co
21
31%
20
'
♦
common
Corp
Enamel ft Heating Prod
Famous Players Canada
19
7%
——————
Tobacco
United Steel
Vlau
225
;
■
21 :
14%
Feb
35% Mar
V
27%
25
—
Textile
*
*
—„
Brothers
Tuckett
Jun
18
23 %
Chemical
preferred
Dominion
20%
Mar
Mar
20 %
20
—.
<fc
of Canada
preferred
Tooke
May
14% May
•
—
Tar
.—*
—
common
Friday
common
preferred
Co
7%
21
•
1
Dominion Steel & Coal class b
Dominion Stores Ltd
Dominion
123/4
Jan
25
Dominion Foundries & Steel
Steel
44% May
25
.*
preferred
Standard Chemical
Jan
37
Davis Leather Co Ltd class a——,.
Dominion Bridge
Dominion Coal 6%
13
27%
12%
37%
Co
75
380
27
'
•
20%
—:
Mining
Dominion Glass
''!
a
45
32
,
12%
'
27
—
155
.
13%
13
58
80'
12% 7
31%
9%
15
332
,;,7' .120
23
12
-
Railway.—
Consumers Glass
Crown Cork & Seal
81
38%
13
•
Pacific
so
38%
•
a
23%
7 Feb
20%
1,160
13
■
Canadian
1,505
18
22%,
—
b
Canadian Locomotive
Canadian. Oil Companies
14%
12%
Foreign Investment.—.
Ind
;
23
—
Canadian
14% May
17% Mar
34
7i 50
17%
..
25
21
14
18
80%
'25
——
„
Canadian Converters class a pfd.
Class b
:
Canadian
21
14%
•',
common
series
$1.00 .series
21
,
•
20
Mar
"
—_*
Canadian Car & Foundry common
Class a
—,—
11
975
'
Canadian
77
23% May
80c
250
.
Mar
36% Mar
4
:
Jan
2Ya
49
Jan
5%
2% Mar
3%
Jun
Jan
Jan
Apr
Jan
Volume 167
Number 4707
THE
»
COMMERCIAL & FINANCIAL
CHRONICLE
CANADIAN
RANGE
Friday
LastSale Price
.u,-„
8TOCKS—
Par
Ford Motor Co of
Canada class A.
Foreign Power Sec 6%
Praser Companies
red
Hinde
&
Intern
5%
Paints
(Can)
10
Ltd
class
7Va
&
preferred
Massey-Harris Co
McColl-Frontenac
Ltd
Oil
4%
19 y2
pfd.20
common
Nova Scotia
Paton
&
Ltd
6%
"pfd—-,
Ltd
'6%
N
C
2nd
part
Purity Floor Mills
Co
Thrift
Invest
Stores
Jun
20%
12
60
5
Lt
20
18%
Ltd—7_—
••••'"
Base
Metals
Beatrice Red
Beaulieu
Bob's
Mines
1.00
^ 7',;
Lake
Gold
•
Ltd..
Mines
7'';
Corp
-1
ll%c
8c
7c
5,500
12c
-500
5c
11 %c
32c
30c
V-x
f
Gold
Ltd
Kerr Addison
Shore
'Maodonald
Malartiq
Nechi
Mines' Ltd
Cons
Fields
——"
Ltd
Pato
v.-
Cons
Pen-Rey
Dredging.—7-—1
Ltd4————-1
Quebec
Quebec
Gold
Gold
Dredging
Mines
1
—
1
Red Crest Gold Mines
Ltd—
Rochette Gold Mines Co
Senator-Rouyn
Sherritt-Gordon
:—
Ltd
——50c
Mines
Ltd—— —1
Sullivan Cons Mines
Ltd—
—1
Vinray Malar tic Mines-——
Waite Amulet Mines
Ltd
Westville
Mines
*
_1'
'fe
3c
1.15
Jun
16c
Jun
Mar
7c
"6,000
3%c;j
16c
•
2'/aC
9c
1,000
,
:
4^
1,500
;
UJun
10C
:
V
12>A
3c
:
X
.
I
Mar
'13
"1,050
'
'5c
•
78c
1.75
95C'
59%
'
90c95c
:
2.45
4.20
lie
.1.80
4.30
lie;'
67c
225
11c
:
69c
.:28c
2,900
4.20
10c
1.95
65
vl
,
.
li
Jun
2%c
Apr
3C
3c
1,000
10c
1,000
5,100
1,000
8,205
1.45 Mar
39c
,
Feb
Jan
14 %c
•8c
Jun
11 %c Mar
■53C
1.32
2.50
45c
45c
Oil
Gaspe Oil Ventures Ltd
Home Oil Co
Ltd—;—:
Oils
53 c
•
Royalite
Oils
Oil
Co
Co
Ltd
17c
58c
*
-
class
——
-
Flin
V
1
*
Calmont
-
Canada
!
Bread
4%%
Class B preferred
,
-
-
Canadian
Foundries
Canada
Northern
Packers
Mar
67c
Jan
Power
class
B
600
7.65
8.50
775
2%C
2J/aC
3,500
99c
Mar
2%c
4.75
Feb
2%c Mar
9c
;
8.50
Jun
Jan
3.20
:
2.95
3.30
25c
25c
28c
3,000
15 %c
27c
228,300
9.20
2.00
700
.
2.15
2,000
"7c
8.40
9.20
1,525
1.60
1.60
200
7c
8c
15c
18%
18%
34c
Permanent
Mtge
PreferredCanada
7
Jun
1.25
Wire
&
Cable class B—
5.25
95c
600
15c
Feb
Mar
Mar
May
'
25
'
Canadian
16
Canners
common
1st preferred
Feb
May
1.82 May
16c Feb
32 %c
19
12%
'
19
Apr
Apr
'
10c
;
17%
13
19
8c
52c
93
—.
60
22
21 Va
*
28%
*
Canadian
•/
*
775
27%
14%
50
51
10
'
10
36'/a
50
16%
230
'"188
187
Dredge
Canadian Food Products
Class A
7.60 May
Feb,,
May
Mar
25
43%
Jun
Jan
11% Jan
,
Mar
38
-
Apr
18
Jan
11
Feb
14
Feb
42
30%
22»/4
785
21%
14,106
21
21
21
*
100
285
27
27
14%
14
14%
18
18
18'%
1,160
•
81
80V*
81
100
39
39
39
185
•
187
Jun
21% Mar
•
27
2121%
35
"" 60
12
12%
15 V*
100
201%
Jan
Jan
*
31
May
Jun
21% Mar
23
Jan
24
Jan
16% Mar
21% May
23
28
15%
Mar
Apr
56% Feb
34% Feb
"16
Mar
175
15
.
17 % Mar.
*85
—
Jun
14 /2
35
•
Jan
27%
53/2
26
30
15%.
68/a
70
22
*
99% Jan
22/»May
May
Apr
HYz Mar
Jan
29
Apr
9% Mar
33
-
Apr-*
3.00 Mar
600
19%
*
?
Feb
Mar
65c
13
22 Va
21
16c
.
190
20%
•
common
15c
16%
40%
*
Jun
Jan
12%
30
-
Feb
40%
—
40%
25
Celanese common
May
Jun
9
-14%
13% Mar
100
10
—-*
19
-
-
14% Mar
27
Apr
215
36ya
* 16%
l
50
25
'
7c
Jan
May
13% May
.
96
185
^
11
Feb
13Va Feb
«a:.7% Mar
6c
115
27%
—
—
25c
35
Mar/
2.15 Apr
878
28»/4
15%c Feb.
34c
25
22
2.40 Jan
Mar
3.65
20
60
u
,
.
"4,475
-
Jun
7c May
28%r Feb
-
54,100
75,400
*
preferred
Canadian
•
270
14%
—
50
98
'
i-10,378
14c
98
6c
; 509
V-' 15;-l(
55c
12c
.
100
1.50 Mar
120
,
.
•,
2.85
'
V,
/
,
8c
17c
440
>
8%
8%-
22
2,000
35
2.60
20
common
>2.25 May
9.65
9c-
34%.
20
Canadian Car
Class A
Jan
475
2.60
—100
-
Canadian Bank of Commerce
Canadian Breweries
May
32c
7c
•
3.50 May
Jan
Feb
22,500
15c
18 %
1.60 Mar
19c
12 %c
Jan
5,500
*
Canada S S Lines common—
<
Jan
4%c
f
,
Canada
2.08 Jan
...
Jun
Jan
Jun
1.78
—
May
May
37c
9%c
16%
Mar
3% May
35c
99c
52%C
' *
Apr
Feb
33%
■
*
2
16c
«
YVjj May
Mar
14c
A——-—-—*
-
27
Apr
6c
V-
—
Class
24%-Jan
Apr
-
Apr
50c
A—
4% May
14% May
955
525
—
Canada
875
class
Mar
Apr
4%'Mar
Jan
27c
6.90
Foundry preferred _—10
Malting Sh
*
-
83,700
—
99
3
-
31,700
33
Canada Iron
Canada
^.
,
Apr
27% May
Mar
11%
75
370
,-
Jan
91
250
.
16%
20
Jan
22% May
99
6.45
*
Preferred
11
.190
16%
50
,
Canada Cement common
>
I-',
,
2,000
6.90
preferred——100
23%
35
2,150
;
.
i
.
100
,16%
1
Jan
'
30c
*
Oils
Flon
6c
Apr
:
7%c Jan
45c
8c
'
Mar
24%
'
28c
:
*
55c
Feb
17c
—•>*"•8%,.'
Campbell Red Lake
Apr
50c
14,000
!
May
May
Jan
Apr
1.75
13*
.;-;
Jan
.Apr
20
32
__
*
17c
28c
100
35
;
11
-
4%c
21c
>.
Apr
Mar
3c
1,168
„
7
1
Callinan
Jan
3.25
Apr
3c
—
Ltd
& Co
Burrard class A
V
Jan
35c
1.35
2%c ;
"
2%C
;
Pacalta
Burns
——.—
May
May
1,700
58c
1.32
-
3c
2.00
Ltd
Exploration Ltd
Burlington Steel
i:
6c
Jun
1
Mar
10
30c
6o
•
18o
Feb
1.75
'-r
Feb
17
,
27
—
*
Mines
'
3%
—
•
Jun
60c
1,000
4%
24%c
174%
1,428
13%
27/a
30c
o
1
——„
Products
'
2.40
16 c
British Dominion Oil &
Dev Corp.
Omnitrans
Building
:
•
*
—-
May
17c
;
-100
4
Red Lake
-j
Feb
89c
13c 14 %c
39c
'39c
X
.
26%
.
: 25c
Jan
65c
10c
*
Jun
5.80
Feb
13c
3
——1
i" Calder-Bousquet
V Caldwell Linen 2nd pfd
1' Calgary &
Edmonton
•
2.67 May T
2.17 Jan
Mar
Apr
4
Jan
2,410
93 Va
7
Jun
25c
Mar
28c
;
26%
'-.13%
26%
Canadian,
j
1.18 Jan ;
19c
6c
26
93%
Jan
41%
Mar
25c
\
May
22
'
Mar
160
24,825
24%
".
24c
'
Apr
10c
5c
24%
•
•
Febf
20c
May
10c
2.40
5c
:...*
Oil
20%
Mar
Mar
9c
1,100
13yaV-
9c
1,000
8.25
4%
*
Feb
Jan
7.50
3VaC
20
Jan
37%
38%
4,500
«,•
28
Feb
38%
65
8.25
,
-_*
—
'
Feb
17
6,500 :
10
Jun
20%c Jan
•
34% May
957
18c I8;%c
••
Jan
8
34%
16,800
3V2c
24%
•
class A
U-,
40c
42c
26%
Products
—
Buffalo
;?
Mar^
1.45
57c
r
>
171174%
93%
preferred,
Buffalo
;
1.90- Jan
;:l.50 Mar
20,000
13c
ioc;
7,800
25c
20%..
Feb
t;;
Mar
Rubber
I
1.45 Jan. ;
1.55 Mar
1,000
26c
10c
HVac 13%c
^
_•
Power A
Buffadison. Gold
t
=>•
"
1.000
140
35c
pfd—100
—,
Ankerite
May
8c
v
Dominion
Buffalo
14% Mar
V.
May
88c
'
80
41%
25
50
.
38c
—*
.1
14% Mar
Mar
80c
6,000
67c
28c
^
■f-600
Feb
Feb ?
is
"
43,000
21V*
41%
8.2,5
Feb
Jan
4.00
-
8%cMar
260
"
12c;
25
Broulan Porcupine
Bruck MUls
;;
3c
1.65; Apr
57% Jun
200
2.50
1.80
-
Columbia
British
I
Jan;
p 52c
Mar
55c
b
Forest
Packers
—
British
•
6c
-
Mar
42c
18,000
1.42- .1.42
V
1.80
4c
>
21c
Jan
,12
Jun
11%,. Jun
125
:
12%
*
200
57%
:i.42 ;
v
9,500
'
57%
'
.
40
5,000
•
65c.,.- :; 18,000
73c
:
common
Class B
Jan
24c
<:;t
Apr
2c
May"3<r May,
.
B
British
»
Jam-
7c
;
1.500
3,600 f:] '25c .Mar-
.
•11%*.";'''
4C
57c
2.50
?
r.":':.: 285-
42c'
11%
"-4C
2c
3c
,
12 V4
73c
*
v
-
Columbia
Class
Jan
£ 15c
9
■
Oil
Columbia
British
,
i
565'
18%c
10
-—1
preferred
Columbia Electric
6,750
'-
12c
*
15c
Jan
440
■:
Jun
Feb
25c
,
Apr
7%
May "'
15c
Apr
3.00
Jan
10c
13%
Mar
100
21'%
18c
1
Lake
8c
15c
-
„
2,100
26
25c
>
11c
Feb
8
; 35
173%;;;
;
•
—
Anglo-Canadian Oil Co Ltd
Akalto
*
Mines
9c
12,000
3,700
17c
35%
1
•
3«/aC Jun
500
.
16y4C Jan
''
10'/a Mar
3.35
_*
conv
British
.
•
i
Homestead
common
American
British
6%CMar
Oil Stocks—
Consolidated
Hats
Red
British
;
May
20c
Jun
12,120
Jun
14% May
Mar
l3%
35
-
39c
Mar
4c
May
15c Jan
-
Mar
6c
500
35%
llV^c
1
Pershing
Bralome Mines Ltd
*;■,
Jan
1.44 May
Mar
'
1,000
6c
9,000
25%
—
1
Boycon
3.50
•:
-
:
8,565
8c
17%cl8%c
41%
100
Mines Ltd—
Bord'ulac
.
30V2C Jun
i.oS Mar ■.•*
55c
" 8c
8%c
Jan
75c
Mar
3.25
'
83
•.
-Apr
127/a
*
•
,
Mar
11
7c
19c
——1
Gold
50
.
8
23 % Mar*
17%cMar
::
15c
7%c
3.25
*
Telephone
Bobjo
Feb.,
72c
18 7:,-Jun
37,300
14
8%c
Feb
55c
6c
34c
14
7c
b;—r127/a
Mar
Jun
,1,500
26c
7%c "
—•
Yellowknife
Blltmore
Feb
5c
Jun
13c
.
35
A
Mar
11c
30c
•
class
35c
7% May
Mar
682
Jun
14%c Jun
•
5% Mar
75c
May
Apr
9%c Jan>
-
67
50c
;
68c
Feb
6%g Mar
.=
20
—
:
Mar
..5c
.
620
76
35%
Bldgood Kirkland Gold
Jan
1,000
•
2%c
.
;;42e
8.50
Ltd-—'— --,.--1'
.
7%,
—
,
.
6,000
7
76
10
Mining
Power
Bevcourt
t."
56c
Feb
22c
u.
i
13c 14%c
•
32c
.4,500
7
Jan
>Jun
•
Metals
3%%
2,900
12c-
2e
1
Btadacona "Mines (1944)
Ltd__—
-
.•"'o 9c
17,000
9%
.———1
Siscoe Gold Mines Ltd—
7c
33c
Mar
22,600
v10c
'-f:
*
Ltd.——iw.l
Santiago Mines Ltd
28c
16c
,
14c
11,100
.
—
10
Scotia.
Toronto
Bathurst
Bell
22c v Jan
;
Mar
880
1.33 :
„
3%c
Ltd———1
Manganese Mines ——<—4—*
Quebec Yellowknife Gold Mines
Ltd—1
of
Beaulieu
May
5c
4.200
.
2.70-
i
10c
59c
•
Ltd———1
Labrador Development
19%.
2%c
:l6c
Vrf
——5
Normetal Mining
Corp Ltd———
O'Brien Gold Mines
Ltd.—:.—:
64c
18
10c
Ltd——7—~1':'
Mines
24c
>
Nova
of
Beatty Bros
•'
—1
——
/
17%c Jan
;14c
v
1,500
55c
i
11,500
6c
26
Brewis
;
68c
18%c
Jan
,
63c
5%c
10
; 22c
i
9.20
——1
Montreal
Mar
2%c;
—1
—
1
r
i;t
3.45
16J/ac
10c
10c
Ltd—1. 7
New Calumet Mines
i'
Bank
Jun
May
6c
1.35 Mar
16VaC
3,200
1.05
Gold Mines Ltd
1
-•
Ltd _____i——it":'
Gold
of
Jan
8.25 May
5%c
Brazilian Traction Light & Pwr com—*
2.65
Mines
Mclntyre-Porcupine
Bank
*
18cV Jun
1,540
8.50
*
Mines
38c
Apr '
24,980
8.25
63c
1
Electric class A
8c-
3.35
8.25
1-
—
Jun
2.95
13%c 13%c
Jan
2.68
—
Lingside Gold Mines Ltd
LouvicOurt Goldfields Ltd
1.15
15,000
Mar
13c
Jan
3.35
ll%c 12%c
Jan
1.10;
;—1
Mines
29c
12%c 15%c
12%c
13%c
8c
24c
—1>;
Joliet-Quebec Mines
Ltd_7—1—„1*7
Lake
I i"
3%c Jan
Jan
2%c
34,565
13c
ll%c
11c
18
—5
25% May
700
17c
14c
1
Apr
25c
3%C*
24
25%
1
Mar
*
10c
Jun
•
9c
.*
Ltd
Lake Mines
Auto
14 %c May
-
Mar
10c
9,000
14c
MinesLtd.u———1
Ltd——————1—1.
65%
1
4c
57c
1
44% Mar
——1
—
4,000
14c
Ltd—r—
Quebec
3,000
—1
1
1,050
63
25%
__
1
-10C
-16c
1
Apr
64
63%
1
5%c
6%c
L—
—
10c
5c
Hpllinger Cons Gold Mines Ltd
Jack
"
57
——1
5%C
15c
Found Lake Gold
Goldfoeahv Mines
Consolidated
12
Mar
,
100
7c
33% Mar
16c 16%c
Jun
1.00 Jun
9V2c Mar
: '
1,770
:—
Aunor Gold
21% May
21
Jan
1,500
•
1.15
6c
15c
Formaque Gold Mines Ltd
J-M
Apr
Apr ; !
Apr -
5,300
3c
1.15
f.
Ltd—;-l7~-l
Mines
32c
3c'
6%C
Dulama Gold Mines
Ltd-;——«i;—U
East Sullivan Mines
Ltd—:
Eldona ,Gold Mines
Mines
2,000
112,000
——
Aumaque Gold Mines
Jun>
,
30c
1
——-
Lake "--———,
''—
>
12c
20C
Ltd—1
——
Goldvufi
Apr
9% Jan
Mar
1,000
29c.-
,
1
Mines
Explorations Ltd—
Coumor Mining Co Ltd
Goldora
9
1,000
6c
ijc
55%
100
Steel
Base
21c
53%
_•
;
Atlas Yellowknife
:
r
18
38
Mar
2c
20'/2C
._1
Cortez
Dome Mines Ltd
■V 46
50c
10 %c 10 %e
—
16%c Jun
54
•
Aubeile Mines
'
"
Ltd
Cadillac
Dickenson Red
I
Jan
87%c Jan
*
Athona Mines
Atlas
May
Jan
>
8%
] *50
6C
_1
Ltd
Central
17
8,500
Ltd. .1
Mines—*——:—-
Cheskirk Mines
"
i
Jan
42c
Feb
3J/ac
...
Consol
50
303
12
3c
w;,'
Cartier-Malartic Gold Mines
.1
Ltd,
Central Patricia Gold"
Mines Ltd— _1
Centremaque Goid Mines Ltd_1
Mining
Feb
35
12%c 12%C
r:7
1
yellowknife Mines Ltd.
Mines Ltd—
Century
Astoria
•>
May
115
14% Mai"
7% Mar
8
1.00
12
3c-
ZZ'i
"1
Ltd—-—
Mining Corp
Gold
18
:
65c
Jun
Apr
8%
Mar
1
Asiriey Gold & Oil
J
50
-
19
1,000
19%
101
Feb
3%c Mar
Hardware class A--———10
Bagamac
(;
"r-
Armistice
75c
Apr
Feb
77/e
3VaC Mar
*
...
Arjon Gold
10% Apr
Feb
37c
''
20
;
21
.;
75c
16Va
98
1,500
1
Warrants
Bank
Lake Gold
Candego
18
104
385
1,500
1
Argus Corp common
Preferred
4
Jan
'
80
8'/4
4c
1
Area Mines
Ashdown
','18
Feb
100
100
3%c
25
Anglo Rouyn Mines
Apex Cons Resources
Jan
0%
19%
8
__
Jun
13% Feb
7,124
17
19%
19%
19% May
21% May
Mar
16c
*
Canadian Oil
Anglo-Huronian
Feb
12
May
18
3%c
*
Anglo
57Jun
53
May
-
12% Mar *
1
Amalgamated Larder Mines
Yellowknife
"
Arno Mines Ltd
„——
Aubeile Mines Ltd
Band-Ore Gold
'77'
111
25
16
14
'
-II*
May
14% Mar
130
-
'
High
2,534
2,590
1
Cons
Mines„:
Steel
common
American
May
10% Jan
r
100
8%
' 38
7;
:
30
l;
40c
8%
,
'20
Jun
25
18%
40c
21
7'
1
Low
19 Va
21%
8
Jun
"
110-110
-
Yellowknife
Aluminum Co of Canada
pfd
Apr
10% Jan
May
107
50
'
10%;
,; ,
-19^-
'v
High
99%
—
•
110 Va
5% Mar
10
:
18%-
40c
109% Mar
Mar
■
11
-7 17
£•2
——
Mining Stocks—
Feb
2
10%
' ■'
\i:'
——
Feb
•.
52
17
38
Hotel' Ltd
22
155
18%
;
17
—100
19%
100
Pacific
Algoma
27% May
24
May
29% May
75% Apr
29% Apr
30
1 50
11
.'win'
*
—
Alger Gold
5% May
13% Jan
Feb
65 Va
25
56
18%
8%
Windsor
20
52.
110
•
50
•
—
Alberta
May
96
Feb
50
■
Co
Feb
4% Mar
2
8
55%
_«
Grain
30
12 V*
1,760
-
Mar
93
10
8
::ioo
United Securities Ltd
25
10
110 110%
8
'
A
Range Since January 1
-
18%
20%
Jan
-
2
56
:
class
—
May
May
20
Mar
Apr
19 y4 May
450
pfd—: —40
Ltd
Western
44
19 Va
134
26%
20
6%
Co
Acadia-Atlantic
Preferred
Shares
Jun
14 y4
13
110
Sangamo Co Ltd.--,—-.7.—Southmont
19
10% Mar
73
-50
207/8
Agnew-surpass
Feb
36
29%
;
18%
20
■-
for Week
Low
♦
$1.50 preferred
14% Apr
28
800
73
110%
—
Pr
Jan,
300
-
.
29%
——-
Canada
"
73
Quebec Pulp &
Paper 7% pfd
.100
Quebec Tel Corp class
A————
Reitmans (Can) Ltd
5% red pfd_. 2.20
Russell Industries Ltd
*
Soutflern
Jan
22%:
com.—®
——
Ltd
"*
2,610
Abitibl Power &
Paper common
Sales
Range
of Prices
,
Sale Price
20% Jun
Apr
5%
•
26
1st pfd. .100
pfd
Feb
Jun
29 %
.100
Week's
Last
Jan
14 y4
8%
22%
®
Co
Friday,
STOCKS—
'
^
Power Corp of Canada
6%
v-
26
22%
.
:
15%
26Va
12%
28
13
*
Pr
Ltd
Manufacturing
18
96
5%
7—:—30
—
Lt
Orange Crush
27%.
*
Paper Co
5
Storage Ltd com__*
Corporation
13
Apr
May
22
19%
96
Minnesota & Ontario
Montreal Refrig &
1st preferred
Jun
Exehange
Canadian Funds
I
Jan
Aluminium Ltd
27 y8.
-—10
—.
6
62
20% Jun:
25
-
17 Va
19%
pfd——100
—
Apr
Feb
Feb
115
I
421%
1314. 13%
19'/a
19'/a
t
'
.
Jun
Akaitcho
10
cv
13
26 Va
16
13%
Melchers Distilleries Ltd
:
6%
preferred
Moore
12%
19%
6(4%
3*/a
27
16
-25
42%
—•
.>
Toronto Stock
42%
•
13%
,
% *
26%
Co-——•
11
High
Jan
50
13'%
16%:
JUNE
Par
14%
20
12%
•
common.____10
Tel
625
13y2
7-20
& Paper
Maple Leal Milling Co Ltd
3,810
20%
20%
21
10
62
14%
A—®
(Walter M)
Teleg
4V4
19%
ENDED
,
1,022"
20 y4
,60.
19%
•
Ltd
4%.
61%
„•
MacLaren Power
Maritime
4 %
WEEK
Range Since January 1
r,
Low
26%
.L-
preferred
Lowney Co
Shares
High
26%
pfd—
Products—;—___1*
Paper—
Dauch
Low
;
LISTED MARKETS
FOR
for Week
,
•
26%
«
'Sales
Range
of Price*
,
com.
Great Lakes
Paper Co Ltd
Halifax Insurance Co
Hendershot
Paper
Week's
••,
(2611)
13% Apr
Jun
irjI Jun
Z
18l/2
82
May
39
Jun
25%
Jan
ieb
15% Feb
,
;
44
THE
(2612)
COMMERCIAL ,& FINANCIAL
CANADIAN
LISTED
RANGE FOR WEEK ENDED
STOCKS—
Low
'A"-*-
Alcohol
Industrial
Canadian
for Week-
12%
12%
10
406
11% Mar
Gatineau
Apr
13% May
21
Mar
30
Mar
83c
Feb
11
Mar
15
27%
150
73C
75c
3,200
12%
12%
Mar-
5%
preferred
5% %
Canadian Malartle
Low
—•
common
19%
109
preferred
—
.100
-—
Canadian
Pacific
20%
—,
20%
*
.25'/a
—25
——•
Railway
Canadian Tire Corp
25%
25%
102-
—100 ^
Wallpaper class Aj——*i
Canadian Utilities preferred
25
•-'
21"
Class B
'
........
>.■21% May
General Steel Wares common-
.,*.26%
Giant; Yellowknlfe Gold Mines—
Mar
98% Mar
30
102
?,•
12% Mar
50
17%
25
19
19
,———*
Canadian
20
20
515
16
*
24
24
25
rJ
-
Jam,
Gold
Cariboo
1,30
1
,——
Jun
,
26
May
2.65
1.21 Apr
2,200
1.35
—1
1.65
1.65
1.75
4,200
1.20 Feb
Mines———1
1.12
1.11
1.20
5,750
Gold
Patricia
14c-15VaC
6,300
Central Porcupine——
•14C
preferred —!
7%
-
,
13c
-
1.40 Jan
Mar
,
—
Steei
7%
7%
:
50
-
Wines
Chateau-Gal
8%
-8%.
,
7% Mar
9%:
May
10
I.
Jan
-
v
"
*
1
74c
71c
74c
14,200
62C
62c
66c
14,300
18c
19c
-2,000-
2c
2%e
-
^-2,500 *'
Jan
17
2.90 Mar
500
2C
Jan
17
May
-
14. 'v Feb"
1,770.
9c
9c
16
.--—200"-
4.80
3%
2% Mar
;50
t*-
16
,
4.55
9c
„
w>_.—
Mines
10
,
Feb
1
—
Goldcreat Gold
<
Gold
Jan
33c
8%
7% May
120
-
107
.—1
—
Eagle
11 %C
—1
Mines
Golden Arrow
Chatco
15
425
4.55
God's Lake Gold——
,
1.75 May.
1.05 Mar
Castle-Trethewey
109
3%
16%- 163/«
Jun'
6.00 Apr
,
14c
7%C Apr
2c
May'
Feb
4C
.
;
May
50c
Mar'
48c
:
80%eMay
Mar\
.
1.09 Jan-
Jan
Goldale
Central
Jan
'
Jun
Globe Oil
.
„
Jan
111
Feb
mCJ*
...
Glenora Gold
Jun
'
20
,
Gillies Lake
103% Jan
19
Apr
Feb
24
Canadian Wirebound class a_—
High
20
108
Feb
18%
101
-
3%
3%
25
6,907
,
f
200
-IS-•
..
—iLl,
General Bakeries
;
.
General Products Mfg class A«
•
Low
19%
104
Range Since January 1
High
104
19%
-100
—-
t
-
Canadian Oil Cos common————*
Shares
Jan
13%
27
73C
Locomotive
Power
for Week
Jan
70c
12%
———
Canadian
Range
Par
14
690
13%
Sales
Week's
of Prices
-
Sale Price
High
Low
liiph
27
Class' B
Last
STOCKS—
Range Since January 1
Shares
•f Prices
Par
J1
Sales
Range
Last
MARKETS
JUNE
Friday
Week's
Friday
Sals Price
Monday, -June 14, 1948
CHRONICLE
:
4C
11
May
2.45-
'■*
May
Mar-,
16c
Jau
Jan
7V2C Feb
8c
Jun
'•
14c
Jan
1.95 Mar
600
"6,270
2.50
19c
4c
l_4,000.;.
8c
2.40"
Apr
10c
50O
v
4C
8c
—
Golden Manitou Mines——
-
IV/2CIIV2C
4c
11c
-
2.70
Apr
"
Goldhawk
Chemical
41c
500
30c
Mar
2,500
4c
Mar
—
41c
———
5%C
5%C.
2.25
2.25
2.35
2,650
13c
13c
13c
1,000
«*■
1.10
1.10
1.10
150
_#
10
10
10
50
Research
Cbeskirk
Mines
•
—
,
.
Jan
65c
Goldora
Porcupine
Goldvue Mines
Chesterville
Mines
Gold
Chlmo
Chromium
w
Circle Bar Knitting
Class A
—
Oils
common—
1.76 Mar
6c
6C
6%c
54c
1
;
.—
54c
54c
Central Cadillac
——„1
Exploration
Mar
85c
16c
1,000
15c
Mar
21c
2,410
375
49
Feb
53
Apr
10%
10%
215
10
May
1,000
Apr
Feb
13c
32c
9% :
151%
:
3%
91% Mar
/
250
•
8.
y
154
151152%
Lead
10%
Apr
145
8s T' f
—..—100 "
Halliwell
70c
Mar
30
19
May
23
Jan
29
29
29
865
25
Jan
30
25C
23c
25c
'
3,500
19c
Mar
30c
Crow's
—„
-100
w—.
-w—1
Coal
Nest
Crowshore
—1
Patricia
55C
55c
;
1,500
55c
May
90c
53%
55
May
'
-
1.24 May
EFAragon Mines
:
Delnite Mines
23,000
10c
Mar
50c
1,000
50c
Jun
50c
42
;
4%C
16c
2,000
7c
Mar
21c
10c
Mar
20c
1.20
1.23
3,900
1.00 Jun
4,100
5c
17c
3,500
lie
16c
Mar
48c
Gold
1,200
30c
Apr
45c
Mar
82c
17,100
40c
Mar
64c
19%
19%
21%
49c
2,417
'
45c
49c
Dominion
Preferred
■
18
17%
20
Apr
40c
24%
24%
25
125
27%
27
27%
1,375
•
10%
10%
11
890
common. —1
•5%
4%
5%
600
42
42
42
10
—
Invest
*
,
19% Jan
1,830
Jo
Scottish
^
.50
Dominion Steel it Coal class B_r
..25
Stores
Tar
18%
Dominion
Textile
—i_,.
Chemical corn-
18%
65c
v
6c
7c
r
25%
27
27
12%
12%
12%
16%
24%
;
7%C
Dominion Woollens
—1*
4c
—I
65c
Jun
Jan
Mar-
15c
May
95C
Feb
7c
Jan
Apr
16c
Jan
43c
Jun
5,100
10c
Mar
50c
Jan
6c
6c
;9%c
9%c
6c
Jun
7c
1,500
500
:
95c
Jan
24 %c Feb
75c
May
Mar"
8c
Jan
7%cMar"
15c
Jan
12
Jan
5c
500
•
47,500
r
36 %C
37c
8% Jun
9.70 May
25%e Mat
\ 42c
Jun
Mar
32c
Jan
Jan
53 %c
Jun
7% Mar
10%
24c 25 %c
2,900
18c
52%
53%
1,295
43%
9%
9%
9%
25
113
•
Feb
5.35
52%
113
63
24%C
—1
.
Imperial Bank
Imperial Oil
.100
Jun
27
Mar
28
Jan
6
Mar
12
May
3% Mar
40
Feb
111
Jan
Jan
116
May
23% Apr
27
Jan
14
Mar1:
19% May
12
Feb
21% Mar
•
22% Mar
27Va May
11
13% May
425
•
Feb
Mar
94,700
17c
Jan
13,800
20c
May
74c
Jan
6,000
5c
Mar
12c
Jan
6c
10%
381
25
25
50
Co
30%
Feb
Jun
31
May
25
Mar
7
8% Feb
22
May
305
25% Mar
•
Jun
31% May
102%
100%
115
98% Mar
38%
36%
39
14,090
29% Mar
39
Jun
15%
14%
15%
15,172
31,000
11
Mar
15%
Jan
40c
Mar
84c
May
.—Il
100% 100%
60c
1.15
100
5c
,
65C
1.15
60C
-50c
—.
Jacknife Gold
Jun
6c
17.000
,
1.00
Apt
4,515
8c
May
2,000
2c
1.45
Apr
4c
Jan
Waite
5c
—i—
Jun
Feb
•
-III
Mining
9c
9c
-vi---—r
9%c
Jan
7c
12c
Jan
3%c
Apr
Mar
30%c Jun
5%C
6c
7%C
2,000
5%cMav
10c
46c
5,600
26c
50c
Jacola Mines'-
Feb
44c
May
Feb
10%
7c
9
4%c Apr
1.10 Feb
12
7%c
45c
10%
Mines
Jason Mines
Joburke
Jun
Jack
Oil—
-I:/. 20
25% May
——100
Island Mountain
25c
Jun
7,000
8%
International Uranium
28c
12
10
6c
8%
Petroleum-
20c
,
17%
5c
8%
14% Jan
7% Feb
Apr
24% Mar :
common..—*
International
24C
22,700
Mar
5%C
...
—
Nickel
20c
10% Mar
51c
6%
50
540
———1
^
—
International
25c
2,205
445
:<v:.:77"
25 25%
■
30%
'Preferred
'•
13 %s 13%
T
Inglis (John) & Co—-—...——6.
International Bronze Powers pfd—25
26% Jan
5,302
i
505
17,218
25%
Ingersoll Machine class A
5% Jun
25
18%
-25
Indian Lake Gold
44%. Apr
19% May
13%
18%
18%
.
4%: preferred:
Feb
22
•
24%'
25
——10
...
Imperial Tobacco of Canada ordihary.5
f. Preferred
..-1 '■■■
Duquesne Mining Co—
Duvay Gold Mines
East Leduc Oil———
.
42c
Dulama Gold Mines Ltd—
——
Jan
12%
Mar
12c
11c
lie
*—I——-1
Gold Mines--—
12
Crest
32c
'4c
,
5.715
12
East
7,200
May
9% May;
12c
5c
11,610
12
Jl'AliL
3c
Jun
65C
43c
50C
.
9.30
17
Donneli & Mudge common
50c
Mar
37c
Mar
6c
70c
Jun
3.20 May
Apr
Jan
9% Mar
.
1,000
9.20
75c
;
.500
8c
8.75
65c
Zll
„•:
4c
8C
,
'2,700
6.35:
16%
j-.——.
Mines
75c
8.85
66c
Donalda
8%c
71c
71c
12c
; 2,500
1,500
9.05
23% Mar
25
25%
*■
lioo
common__iii__
1,460
,
115
6% Mar
5,500'
16C
t
l%cApr;
950
12%
—-.1'-
Huron it Erie common
Jan
750
19%
25%
—
it
9%
Oil
..
Dominion
Dominion
9%
22% May
16% Feb
10,900
—1
Dominion Bank
5%c Jan
1.40
24c
1,000
14c
,'i
Dominion Foundry it Steel
Dominion Magnesium
3%C Apr
2%c
Hosco
Jan
51c
*
3,000
2%C
Mar
Jan
42c
.1
5c
4%c
II—I—III
Mines.
Howey Gold ——-i——
Hudson Bay Mining & Smelting
Mar
45c
44c
—
17 % May
11%
1
Hunts' class' A
11,150
-2
Ltd
13% Mar
60c
.
_
Feb
38c
-1
Mines
940
Home
10%cMay
Apr
55c 60 %c
Distillers Seagrams
Diversified Mining
Dome
17
12%
Highridge Mining
Highwood Sarceq.
1.60 Jan
35c
Discovery Yellowknlfe
—
3,500
6c
Hedley Mascot
Apr
57c
—.
21,950
26c
9%
Highland-Bell
Jan
3,000
380
—
2.95
Hollinger Consol iated Gold Mines—5
8c
17c
7c -7%c
Dickenson Red Lake.
Jan
21,350:
1.00 Jan
16c,
1
Jun
1.05
,,
Bridge;
Heath Gold
Apr
19e
7%c
1.23
-
Lake
42
-
1
Detta Red Lake.
Red
-
15c 17 %c
*'
—
Denison Nickel Mines.
Jan
53%
15c
-I
4—
Davies Petroleum—
8
126
Jun
2.65
.....J—....l,
Headway Red Lake
4-
50C
,
125
16%
Hasaga Gold
Mar
53%
»
*'
Cub Aircraft
Dexter
,
7% Feb
'v 10
■
Harker Gold
Jan
55c
—
—
„
15% May
-n.
1.100 !■
8
May
3,560
'
•—_
20% Jun
44% May
.
25C
:.l
Heva Gold Mines—..—..
Pershing
1
Jan
10% Mar
125
Hard Rock Gold Mines..——1
Jan
1.12
40%
■
V
May
1.00
-—1
Gold
.Hamilton
Feb
19%
40
Jan
15c
125
——.......
Mines
Harricana
154
Mar
15% May
1,616
..
10%
13 %c Jun
I": 155'
15%
._*
Swayzevw.i,.i.l.^-.i-:^—i-^11
Halcrow
Jun
1.10
i-
Croinor
20%
43%
117% Jun
19%
1.10
———-
19%
42%
15%
*
Harding Carpets
-100
———
51%
Gypsum Lime & Alabastine_.
Jan
310.200
Corrugated Paper Box commonCosmos Imperial Mills——i—
Crestaurum Mines
Gulf
Jan
115 117%
May
51
Gunnar Gold
16% Jan
55c
15 %c 28 %C
9%
——
12
348
17,700
16c
115
*
Guayana' Mines'
Apr
1.10 Jun
-65C
-
Feb
19%
42%
....
preferred
; 'Guaranty-.. Trust
Apr
13%
117%
—5
—;
•_
i':
101
•■,'.
1.50
62c
62C
Consolidated Homestead OilT—_—»—*:
class A
55c
Apr
1.40 Apr
65c
Apr
200
10
'
7%c Feb
Mar
26 %c Jan
115
1314c 14 %c
Great West Felt preferred
May
16c
Mines——2
Consolidated Mining it Smelting
1.00
:V;i
100
13%
13%
——.——*
Consolidated
1.50
1.00
—
5c
46c
50 yr;
16
Feb
10
?•£
6,000
.
1.50
1.50
—Ti———5 ■
.14% May
Mar
17c
115
2.45 Jan
12% Mar
2,340
—
Gas
-
i
iviv so
16
A
Jan
10%
.*
Great West Coal
8,200
14%
Class
Jan
9c
2,500
51%
Great Lakes Paper common
Jun
16c
•
15%c
Grandoro Mines
Jan
23c
15%
Beattle
Conwest
5c
Feb
——*
Consolidated
Consumers
Apr
15c
1.95
Consolidated Bakeries
Press
3c
1,100
14%
Conlaurum Mines
Cons
4,000
May
Mar'
13;SOO -10c
3%C
«
Jan
19C
13
.
19%
16c
115
—.
Gordon Mackay class A
Jan
3%c
1.87
■
10%
—1
6c
3c
'5,500' '
7c
3%C
•
———
Preferred
1.25 Apr
Apr
Apr
Mar
7C
11
Goodyear Tire common—..
Feb
30c
19c
1.90
class A
Jun
5%c
3%C
Commonwealth Petroleum
Conlagas Mines
17
5
..
———•
Plow
9
40
18
14%
—.
Yellowknlfe
Colomac
18
—
3.00 Mar
2.24 Mar
lie
1.00
—1
Cochrane Dunlop
Cockshutt
—-
———
Wlllans
Cochenour
-1
!—v—1,
"^—v—1*,
Citralam Malartle
Coastal
-I
——
—v——
——-
Mines
8%c Jan
Joliet
1.
———w—
1
^
Mines
Ltd
1
i,-.
Quebec Mines
—'-J
2C
'■'
-
2c
9C
26c
39c
V
25,412
8c
Jun
18c
9,050
11c
17c
39c
■
8C
17c
Vj
.1
—
—
!
17c
Jun
58c
Feb
25c
Mar
52c
Jan
5c
Mar
42c
,
8,400
"
East Malartic Mines——
East Sullivan Mines—
Eastern
Steel'*
1.50
;
1.50
1.55
9,575
1.50 Jun
2.08 Feb
2.67
2.66
2.70
12,740
1.60 Mar
9
9
9
360
Eddy Paper class A——
—20
19
19
19%
200
Elder
—1
47C
47C
51c
12,750
1
1.12
1.06
1.34
302,950
——•
Mines
Eldona
Gold
.
r
———.
Mines
-
6% Mar
10
May
Mar
20
May
45c
Mar
74c
55c
Mar
-16
.
—.
1
13c
10 %c
13c
16,000
->-u————.
Mining
Kayrand
3.50 Jan
.__*
27
27
27
60
———
-
Kelvinator:
'.
-
Kelore
Renville
—i
4—.
El
Sol
Gold
Mines,.
1
15c
15c
16c
2,500
20
*
20
195
IIIi
11
Eureka Corp
-25
11
25
1.45 May
1.87
2.00
7,700
12c
Mar
25c
19
May
20% Jun
—1
——
Falconbridge Nickel
Famous Players
5.00
—.
——
—
1.90
Fanny Parmer Candy Shops-
•
-II
4.25
5.00
18
17%
18
44%
•
3,975
690
10
Apr
1.15 Apr
>■
12% Jan
Kerr-Addison
-——
—1
—
.—1
5.05 May
44%
685
6
100
3% Mar
-1
~5%c
5%c
1,000
4%c Apr
34
Mar
——
Lake
Federated
Fibre
Petroleum
Products
47%
Jan
7
May
7c
May
—10
8%
35c
Fleet Mfg it Aircraft-
Fleury-Bissell preferred
—100
100
25c
Jun
8%
150
8
Jan
8% Mar
2%
100
2% Mar
3% Feb
27c
16%
16%
16%
35
26%
26%
26%
975
10c
10c,
1,700
2.00
—
1.95
2.10
2,250
90
90
90
5
13%
Feb
class A-
Froolsher Exploration
Gair Co preferred
For footnotes
—
see
page 47.
100
20c
16c
Mar
13
8 475
12% Jun
8c
Apr
!
mil
Jan
27
Jun
Apr
15c
—
———,—-
1.40
1,50
14,300
24
25
310
5.50
5.75
71C
78C
35,600
38c
Mar
83c
Apr
3c
3c
1,000
2c
Feb
5c
May
Be
Jun
15c
Jan
•V-.'
25,200
\
1,625
;
8c
8c
500
11%
11%
1,770
36c" Apr
1.40
23
Apr
Mar
4.10 Mar
m"
5.70
;
35c
35c
2,800
11% Apr
25c May
2.25
2.40
450
2.05 May
5.70
5.75
500
6c
■' *'
57c' Jun
1.78 Jan
25
Jan
7.75 Jan
■
35c
V'
mil
;——
Jan
10,400
11%
*
Lamaque Gold
Lapa Cadillac
Jan
22c
57c
1
—1
-
jr*-
15
3c
—!—1
La Luz Mines
t
; 12c
;
6c
500
19,000
16% May
21
Lake Wasa Mining
-
-
73c
•
—————;
Lake Shore Mines
,
5.50
—-*■
——.
*
25
1
—-
Jan
50c
1.40
1
•
Lake Fortune Gold
Jun
27c
Jun
2,700
45c
.
57c
Mining & Exploration- —1
Lake Dufauit Mines
5.70
Jun
4%c Mar
14% Mar
70c
Jan
3.00 Feb
6.95
Feb
7%c Feb
Jan
Larder
Ford of Canada
Francoeur Gold
May
May
9%c
9%C
.
Mar
28c
8%
2%
27c
—
preferred
i
.
Labatt (John) Ltd—
Lake Rowan
—
12%
12%
.
____i
Kirkland-Hudson
Labrador
18% May
6
15,000
'
•18c
4.55 Jan
3.60 Mar
43%
Jan
Jan
15% Mar
•
Federal Grain com—
Federal Kirkland
17 %c
-
24%
,
Kirkland
Equitable Life Insur
20c 26 %c
20c
:
Gold
Jan
Kirkland Golden Gate———
Empire Brass class A
14c
27
'
7C
Laura
"U"
Leduc-West
1.30 Mar
86 %
Apr
2.29 Feb
94
Jan
Leitch
Gold
Lencourt
Candy
4%C
4%c
5c
15%
15
15%
•
Oil
—
Mines
Gold
-
—
1
3
Mines—.:
Secord
—;
Ltd—
-
—;
mil
-
1
425
-
95c
1.03
16,400
1.15
,
1
.
1.12
1.15
4,700
10c
10c
14c
2,000
1.03
4c
12
60c
Mar
Mar
Mar
1.10 Mar
8c
May
8c
Jan
17% Jan
1.19 May
1.25 Jan
16c
Jun
Volume
t
167
Number 4707
THE
COMMERCIAL
&
CANADIAN
'RANGE
Friday
Week's
Last
STOCKS—
Low
1
34c
34c
Little
*
83c
83c
88c
Loblaw Groceterias class A
Class
B
Louvicourt
Quebec
Gold
Jan
Quebec
Labrador
Jun
29%
29%
220
1.50
26 % Mar
28%
29
165
24 %
57c
C6c
19,200
9c
9c
3,000
2.50
1
2.45
MacLeod-Cockshutt
Gold
Mines
2.52
31
80c
1
1.46
11 %c
8c
53c
2,000
11,235
3.00
48c
2,500
30c
Mar
48c
Jun
67c
70c
9,325
55c
Mar
90c
Feb
72c
73c
1,350
52c
Mar
89c
Feb
1
40c
40c
41c
12,734
40c
86c
Jan
•
X3%
13%
14%
2,610
1
1.90
1.90
200
1.95
Mar
7c
Jan
12c
Apr
Macdonald
Gola
1.08
10%
525
9
Feb
8
325
4% Mar
2.47
2.58
22c
3,900
1.76
1.75
1.80
1,00 Mar
7,850
20c
5,150
•
3c
1.51
2.40 Apr
18c
1.50
Feb
3.15
3c
3C
6,000
20%
20%
40
13%
13%
13%
1,200
11
Mar
Roxana
5c
5c
_73c
8c
8c
2,500
10c
Mar
31c
3c
4c
class
Mfg
Maple
Leaf
—
Milling
•
18 Ve Mar
May
23
Gold
1
Martin-McNeely
12c
10
—1*
—
1
5C
•
Rupununi
4%C
20
Preferred
McCabe Grain
class
McColl-Frontenac.
Preferred
28
5C
1,500
Mar
6c
B
*
—:•>
common
8,396
16
Mar
21%
Jun
28%
700
24
Mar
30
6
Jun
6
•
u
Mcintyre Porcupine Mines
i
6
6
100
14'/8
'
15%
96%
96%
9% Mar
5,205
10
90
16
Feb
Class
66
A
Jan
15c
28c
Feb
May
33%
Jun
43
Mar
46
May
8
Mar
11
May
25c
'
May
30
Mar
49c
Jan
Jan
*
11
108
4,950
25
890
23% Mar
25%
16
X8%
18
18%
200
9%c
9%c
3,500
9c
12c
43,600
12c
*
19
18%
19
Feb
19
5c
Jan
16c
5c
1,585
5c
5c
5c
1,500
——*
12%
12
—50
preferred-!
San
43
Paper preferred—
Antonio Gold
Sannorm
Jan
Mar
23c
Apr
Mar
13
Feb
5c
Jan
19
Jun
May
7c
May
Mines Ltd
_1
3.70
150
43
50
34
Mar
45
Apr
130
10
110
Mar
130
May
10%
Apr
16%
Jan
3.70
3.75
1,773
5%c
6c
1,500
5c
May
12c
Jan
8c
1
—
Mines
12%
43
130
100
9c
1,500
7c
May
17c
Jan
14%
Apr
1
3.60
Jun
4.35
Feb
Mar
5
58
58
59%
440
56%
38c
38c
42c
3,700
38c
Jun
75c
Jan
McMarmac Red Lake Gold—________a
13 %c
13 %C 13 %C
1,000
12c
Mar
29c
Jan
Jan
Sarnia
Red
Lake
—
Bridge
Scarfe
Ltd
Scythes
McWatters Gold
13c
Mercury Mills •_
Mid-Continent Oil
Milton
*
19%
*
.
8C
—_
Brick
I
13c
19%
7%c
10c
1,000
19%-
Jun
2
2%
800
1.75 Mar
10
3,380
6.10 Mar
Co
Senator
Tool
Monarch
Moneta
Works
Knitting
*
common
Porcupine
Moore Corp common
Preferred
*
38c
18
3
Jan
72%
73%
26
'•
26%
——
—
Mines—
Rational
Breweries
National
Drug preferred
V
,26%
6%
15%
28c
—1
10c
13C
common
40%
—
—
?.
15%
i'
—-20
•
65
Feb
76
27
—
\"'
11
A
Petroleum
National -Steel
28%
29
12%
12%
Neilson
(Wm)
26c
24%
*
'24%
25 V*
2.05
New
Calumet Mines
New
Marlon
pfd
-100
:
—1
i;
%c Jun
Wpg
Creek
37c
Jun
Mar
Mar
38%
:
45-
Apr
New
Rouyn
13%
Apr
16
27%
Apr
29 "
May
Apr
12%
Jun
v
10
2,030
:
18c
2,000
V
•
Vu
"K
Mar
645
33c
18% Mar
16,000
1.91 Mar
20
100%
%'
2.99
101%
11,700
75c
Mar
7,000
20c
Mar
31c
12c
12c
Northern
17c
52,200
12c
Jun
28c
11
1.19
2,200
2.51
*
16%
16
16%
15%
15%
16
7-00
7.50
525
35c
39c
16,700
35
35
^150
Breweries
Ltd
common—
(Quebec)
;
•
__
14c 15 %c
%C
!—
Mines
Dairies
14 %c May
25,500
28c
1,700
4%C
500
4c
33,000
Mar
25 %c Mar
;
12cl3%c
13 %c
Osuiake
2,710
11 %c
11c
14c
8,000
lie
Feb
24c
16c
1,700
14c
May
20c
2.40
2.50
137,973
1.50 Mar
5c
5c
7,000
4%c May
\
2.50
5c
_____*
-
.
43
Apr
1.50 May
52
May
■
Mar
I
1,520
40c
Apr
55c
14c
Apr
34c
1.75
1.90
4.975
71c
76C
15,000
59c
Jan
7,900
92c.,
Jan
1.56
lie
1.64
lie
He
500
3%C
3%c
1,000
7c
7%c
8
Mines
1
1.40 Mar
10c
18,000
3%c
2.20
90c
16c
7%c
Jun
Mar
6
8%
325
2,500
10c*
6,600
50c
19c
67c
19c
1.42
1.37
36
25c
19,600
19c
1.45'
26,600
80c
Va
36
36%
455
1.20
1.20
1.25
2,800
6c
6c
6c
200
Il
Paramaque Mines
Paymaster Cons Mines
-1
10c
1
Porcupine
72c
'. 7c
1
30c
2,600
26c
Mar
19
19 Va
145
Sturgeon
Mines
—*
Paving com_
East
Mar
10%
Jan
Apr
18 %c
Mar
1.15
Jun
70c
Flour
'28
1.45
Feb
36%
For footnotes
Apr
1.55
5c
Jan
May
39c
Jan
Jan
20
May
—*
8 Va
525
20
20
20'/a
95
I
5
64c
70c
14
15
273
Jun
1.56 May
68c
17% Mar
4
Mar
'Jan
8% Apr
21% May
ADr
60c
y.,
Jan
97
-4% Feb
-
440
5%-
Mar
86
2,995
14
1.18 Mar
49c
5%' Jan
79c
Co
13%
Apr
Feb
15
..Apr
'May
iCMay
—*
78
78
79
125
69
Feb
80
—-——_——_—.—25
82
82
82
35
72
Mar
82
Mar
12c
Canada
of
common—
Mining
6c
—
Steep Rock Iron
Mines
1
i-
6c
6c
1,000
2.00
2.00
2.09
4,710
10
10
200
10
May
10
110
5c
1.68 Mar
—-100
"Apr
2.40
Jan
Oil
110
30
Apr
114
Jan
20
20
20
100
18% Mar
20
May
1
Mines
Inlet
1.31
1.30
1.35
2,950
1.00 Mar
12c 12 %c
1.33
1.38
3,500
9c
1.45
4,325
1.38
27%
28
200
2.60
4,870
50c
.—-—
Gold
110
*
—i—_100
_
preferred
Cons
May
1
Mines.
Mar
Jun
2.05
19c
1.99
Jan
Jan
Ltd common
*
1
_——
|
Jan
28% Jun
2.60
2.70
35c
35c
36c
5%C
5%c
20
35
18%
Jun
20
-1
75c
75C
80c
7,506
60c
Apr
80c
7c
Mines
•
——1
20
Gold
Mines
Top
7%c
3,500
7c
Jun
Tailors
Gold
—
-.—
2.50
-
6C
3,400;
6,500
32c
Apr
3.50
Jan
Apr
49c
Feb
()!5%cMay
21c
Jan
May
Jan
12%c Jan
11%
11%
200
171%
171 %
3
171V8
Jun
174
Jan
11
11
172
11%
350
10 Ve
Jan
12
May
Elevators
Works
Iron
Mortgage
Transcontinental
—100
—
class
A—
2,500
4%c
Jun
36c
9,500
33c
10
Mar
12 %
Jan
101
——1
•
—
■-
101
84
9%c
—50
Resources
9Vic
1,000
8c
May
3 2c
Mar
42C
42c
700
35c
Mar
,63c
Jan
3,230
7% Mar
10
Jan
9c
1,358
7c
Jun
12c
Apr
Feb
24
Jun
101
May
108
Jan
"
•
8%
8%
—-—X
7c
7c
23
230
50
49
49
49%
80
45% -Apr
49%
Jun
•
1.90
1.78
1.92
9,661
1.15 Mar
1.95
Apr
9c
9C
100
9c
3
490
5% Mar
——
Union Mining
United
4%C
34c,
•
23% Mar
7%c Jah
Jun
8c' Mar
46c
Corp
class
Fuel
class
A
Keno
Hill
Oils
23 s'
B
United
United
)
preferred
16
Jan
10c
12c
19,500
1fc
Mar
20c
Feb
67c
72c
7,550
65c
Apr
82c
—
Feb
5%c
7c
6,000
16 %C
Feb
1.95
2,420
1.85 Mar
2.30
1,550
2.50
3.50
Jan
6c
7c
5,150
5c
May
39c 44 %c
4,895
38c
Mar
44%
255
37
500
50c
,
»
5%c
—*
—
Steel
9c
May
15c
Jan
8% May
•
7%
7%
-1
1.60
1.56
1.79
6,450
1.56
Jun
2.35
*
_——
6.15
6.05
6.40
1,525
5.15 Mar
7.20
30C
30C
500
Jan
Jan
2.80
1
Jun
Jun
44 %c
>./
•
'i_
55%c
44%
25c
55 %c 55
%c
Jan
56c
Jan
■
',
Upper Canada Mines
Ventures
Jun
72c
Ma/
15
16%
622
11
Feb
16
16
16%
170
10%
Feb
*
10
1.62
1.61
1.71
2,300
1.55 Mar
14%
14%
100
5%C
6%C
1,000
10
10
350
Ltd
Oils
_—
—1
—
.
22c
Feb
36c
Feb
May
'
Waite Amulet
Walker
44%
Feb
15%
1
page 47.
10
5
Toronto
Jan
1.87
1
see
86
Jun
1.06
4.60
8.50
Jun
*
—
(Hiram)
(G
&
W)—
8.45
7.50
8.50
18,080
•
28%
2 7%
31V*
9,985
24
Mar
'.,13
13
30
13
Jun
14Ve
Jan
12 %c
13c
4,000
10c
Jan
19 %c
Jan
*
Jan
31% May
Feb
17% May
17% May
Waterous
Westeel
Weston
XL
common
86
65c
Toronto General Trusts
Jun
1
Mills
1,533
*
*
—:
Gold
Olsen
Ltd
class
A——
Consol
—
Products
(Geo)
——
corn—,
——1
Jan
Preferred
13% May
15
:—*
32%c
31 %C
32%
430
26%
Feb
26
26
26%
115
22
Feb
100
€0
8%c Mar
Winchester Larder
10%
Wingait Gold
100
99%
97% Mar
32% May
28
101%
Jan
Jan
Feb
5%c Jan
__
—-*
100
2.10
Wiltsey-Coghlan
Purity
Jun
25
101 %
i
.
Feb
Mar
*
Purdy Mica Mines
29
Jan
2.50
ctfs——1
—
17% Mar
4,000
58c
7%
i_100
______—
Tombill Gold
Feb
1.90
1
Dome
1.47
55c
—i—1
Wekusko
Proprietary Mines
1.45
1.46
—*
(1944)—
Chemical preferred
Tip
Jan
*
Preston
Mar
Jan
2.55
•
Metals
29
,
28c
Vulcan
.
27%
29
28 %C
Thompson-Lundmark Gold Mines
May
1
Gold
Corp
24
Jun
Jan
_l
Pickle Crow Gold Mines
Power
1,605
Mar
Va
1
United
Pressed
10
*
Tamblyn
-
Jun
16c
4%C
35c
-1
Gold
trust
Jan
85
Co
United
_1
.
Pen-Rey Gold Mines'—
voting
Jan
12%
25c
6,000
-
Southam
Union Gas
Rouyn
26c
10*%
Mar
Towagmac Exploration
1
—
Powell
Jan
48c
Feb
1.84 May
Mar
7c
62c
62c
1
I
Gold
37
Mar
Sterling Trusts
Jun
10c 10 %c
Reef
Apr
Jan
>28,900
7c
River
Feb
33
18
Surf
48c
_____
Porcupine
8.50
70c
96
Sullivan
34c
Lake—
Powell
Jun
Jun
SO
Sterling Coal
Jan
45c
________
Peninsular
7.00
Jun
May
35c
160
2.67 May
31c
.—
Porcupine
16
101
Teck-Hughes
Mines
Piccadilly
16%
11% Mar
24 Va
10c
.
45c
71c
Pamour Porcupine Mines Ltd
Pandora Cadillac
Pioneer
11% Mar
650
Apr
Jan
Page Hershey Tubes
Perron
1,275
99
Preferred
■
Jan
15c
1.00
1.79
Petroleum
Jun
1.23 May
3.20
24%
—:
Toronto
Pacific
Mar
99
Thurbois
Lake
98c
24 Va
Toronto
Osisko
10%
•
Jun
50%
Omnitrans Exploration
Red
Feb
11
•
Toburn
Orlac
20c
Feb
———100
Steel
v
7%c Jan
49%
; 1.60
Orange Crush
Jun
1.43 Mar
Stedman Bros __—*
Jan
410
____
—.
*
Apr
46c
Mar
4c
33c
31 %c
_
25c
10 Va
1
-—-——
class A
—
Sylvanite
Mines—
Gold
36c
1
Standard Radio class A
'
1.35
_1
—
Gold
O'Leary Malartic
—1
_t——
preferred ——______40
Miller
Stuart
Oils
Omega
Jun
"
1.26
O'Brien Gold Mines
Okalta
23 Ve
30,340
Gold
Standard
1.47 May -
49%
—1
_______
Ogama-Rockland
Feb
Feb
10
200
Standard
Jan
...
16c
Canada
Inca
67 %c
12c
2,000
10%
Jan
13c
12c
__
Nordon Corp
Normetal Mining
North
Mar
Springer
Jun
22c
4%C
*
.___
Norpick Gold Mines___
'
2.36
Stadacoma
Feb
1.35
Malartic
22
•1.12
'Steeloy
Norbenite
Jun
38c
Sladen Malartic Mines
,
'
1.45
1
i
_____
20%
:
2.45
Class B
26% May
Apr
28c
Nipissing Mines
Noranda Mines
2,385
25%
Jan
20c
_____1
—
_
23 Va
1
10%
"Preferred
Jan
1.40
14
„.
—
__
Mines
Jan
1.13
Silver
Jun
.
7
Yellowknife
Nicholson
25%
20,400
1
Starratt
Nib
300
43c
class A_i_w_-50c
Brewery
Simpson's Ltd class A
13
■
14c
_—
Merger
25%
38C
Jan
10% Mar
■
1.40
:
Oils
25%
50c
Silknit
37C
20c
Norzone
Pacalta
Jun
12c
Preferred
New
14%
23
Sigma Mines
135
r
101 101%
Gold
New
Jan
38c
Silanco Mining
795
2.30
__
Limited
70
1
Silverwood
25
>■
26c
2.12
!___
Car
Jan
14%.
14
■
I
.
13c
325
..
15%
15
29
25c
_____
16%
14%
25
—
f^ ^ C
Jun
■;
Negus Mines
;
Apr
Mar
I 5,200
13
12%
„_
National
May
25
2,200
40%
12%
II5
I
Grocers, com
:Preferred
class
18 % May
'
May
'
National
Hosiery
54c
Mar
250
12c
11%C
13c
—
Mar
14
•
May
14
Sick's
Jan
Vf''
14
25
Bherritt-Gordon Gold Mines—
Jan
Apr
120
■
National
Apr
770
100
common———♦
Rouyn Ltd
Sheep
5
14
4,800
14
14%
10% May
50
•
14
14%
Jan
50
■
"
Mosher Long Lac
Mylamaque
73%
"25
—
38c
17% :
15
17%
38c
•
--
6%
15
15
_1
___.
Montreal Locomotive
6%
•
—
14
14%
A
Shawinigan Water & Power—:
*
Shawkey Mines
—______,——1
11c
9.60
&
3hea's
Modern
*
—
class
Preferred
Jan
20% May
»
....
18c
15% Mar#
5%c Mar
90
39,500
8^0
•
Mining Corp
■'
Feb
13c
42c
1
!
Sand River Gold
May
98
_1
McKenzie
t
Jun
24%
24%
1
common
Mining
St Lawrence
May
6% Jan
*
'
15%'
96%
——100
——.
Jan
Jan
21%
28
}
9c
8%
11
1
Mines
Industries
Ryanor
20%
21%
common
Apr
8c
395
45
2.15 May
,
7% Mar
1,000
45
15% May
:
35c
•
:
18c
Feb
4c
1,500
33%
45
—
_•
common
Co_
St Lawrence Corp common
Massey-Harris
200
8c •
33
33
1.02
Mar
Russell
Marcus
8
Apr
10% Mar
2,000
18c
*
common
(Little)
Oils
1
A—
Roybar Chibougamau
Maple Leaf Gardens
6c
8
(1936)
Silk
Royalite Oil
Jan
Jan
A
Royal Bank
14% May
12c
2c
Gold
Robinson
1.95 Jan
20 %
class
j._
Robertson
Feb
Apr
Textiles
Riverside
Jan
40c
Apr
1
Gold
Richmac
8 % May
1
i.
__
Reno
10% May
7%
20c
Malartic Gold Fields
Renfrew
Jan
1.00
2.50
_1
Jan
10%
Madsen Red Lake Gold Mines.
Eastern
2.40 Mar
7%
Magnet Consol
[
40c
69c
:
Queenston Gold Mines
Feb
1.00
•
High
40c
;
Jan
Jan
10%
B
Low
1
Reeves
Jan
Mar
7 %c
24.800
*
8C
MacMillan Export class A
Range Since Jannary 1
High
Jan
29%
.
Apr
40c
3,845
72c
75c
1
_
Shares
_i
ttegcourt
1
Low
for Week
Quemont Mining
83o
29
9c
,
.
of Prices
Par
Feb
59c
Sales
Range
Sale Price
High
29%c Mar
3,250
59c
_
Macfie Red Lake
Manitoba &
STOCKS—
-
•
_
Macassa Mines
MacDonald Mines
Class
4,200
—1
-
Week's
Last
29%
_♦
Goldfields
Lynx Yellowknife
11
Quebec Manitou
•
;
JUNE
Range Since January 1
Low
35c
45
MARKETS
ENDED
Friday
Shares
High
Lingman Lake Gold Mines—,
Long Lac Gold Mines Ltd
WEEK
(2613)
for Week
of Prices
Par
LISTED
FOB
CHRONICLE
Sales
Range
Sale Price
FINANCIAL
9
Apr
Jan
Mines
—
8%c
3,500
5c
Mar
12c
Feb
—1
8C
8c
1
%c
8%c
8Vac
1,000
7c
Apr
10c
Apr
5c
5%c
6,000
5c
Mar
lie
Jan
X
£
46
(2614)
THE COMMERCIAL. &
CANADIAN
RANGE
Week'e
Range
Winnipeg Electric
"■
•
Sale Price
Par
•
Shares
Low
•
common
Preferred
Winora Gold
25%
25%
1,090
97
98
50
Mines
Yeliowknife
Ymir
Yankee
York
—
1,910
19c
19c
66c
70c
•;
5%c
—
Feb
Apr
i,
Vinegars
5c
2.40
Canadian
Jan
Fairbanks-Morse
Industries
Jan
18c
Apr
40c
81c
May
•
Marconi
2,500
7
50
3%
5%C
Apr
9c
8%
:
4%
Jan
Jun
Canadian
Donnacona
Z'"\,
'
'
■
■
Last
STOCKS—
of Prices
Sale Price
Low
Co
100
25
Jan:
25
72
Feb
For footnotes
v;.V —
175
5
5%
4%
5%
1,250
see
109 114%
114%
Sugar
19%
'■
160
.
30
475
Jun
185 "
Feb
Oil
Jun
H4'/2
Feb
50%
50%
20%
20 %
thousands of
June 2,
-
1948
Assets—
t
$
$
1947
FOREIGN
EXCHANGE
.
>7;7>
77'
$
+2,395,492
10,000
+
Discounts
and
U.
S.
Govt,
891
+
9,347
+
''
/
.+
17
—
Bros
RATES
'>■•''}'
'■(
V
^
CERTIFIED
—1,812,759
15,000
+ 1,573,500
+
—334,200
5,454,396
—1,229,340
—261,331
—
+
3,036
—138,090
+
+
FEDERAL
173,619
Australia, pound_„_>_^
bank—reserve acct.
4
3~814
+ -
;+'
-368,021
122,408
+1,560,523
19,375
(
*.
Brazil, cruzeiro
■
1,143,834
-Mf-'7
.
.*.■
—
+ '59,696
388,165
+
+
28,747
'+
45,615
—
2,209,651
17,054
59,707
1,289
+
+
189,825
235
+
i
Mar
Jun
61 7
May
y:
'71 28
;
'
2.25
1,245
S7
40C
40C
6%c
v
Mar
May
.
56
7;
6%e Jan
77 4.80 Apr
Feb
Mar
313
37c
6c
7767%
Jan
1,800
Jun
Jun
40c
May
8c ' Jan
\j
TO
TREASURY
■
I
UNDER
TARIFF
"
.
7
-
ACT
OF
+'7>7;#
.If
1930
7
■'
I
7
New
232
—
'
+1,517,757
+
-
June 5 a
f
June 7
l
i
June 8
•
8,366
+
27,817
Te-
v
51.5%
;
•
3,298
+
6,604
+
Indus-
3.9%
Official
-
.7
'
1
;
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1.000000
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/
I I
.927031^;
.020060
208004:
•
1.000000
.930546
7570100*
•^;^20060^
"■: ^
^
.00467l,f,
:
—
—
|
.'7
3.212133
.022801
-<054406
-
'
.251247*' I
;
' 1
'
3.1212133
lOtJ
.297733*
V
-.932734
.
,
.
""
'
Free
...
•
: '
'
'
+
Controlled—
J
v >
respondents
+
*
cor-
L
V
(Metropolitan), franc—
Union of South
+0.3%
"".022800
4.031328
;
,
Switzerland, franc
:
bills
trial loans..
+1,560,523
*
to deposit and" F. R.
liabilities combined
3.212133
.022798
I
;?•.
Spain, peseta—.
—368,021
.251247*
.054406
o'i2 d"D6C^;r;<v;
88
3,839
June
vr-:t
.297733*
-.'208604
India, Dominion of, rupee
V7
I',-'-
.251247*
'
Norway, krone
+
+
June 9
7
.297733*
3.212133
^
t
-.STftiooA';;
a
New Zealand, pound
+
66,078
•
.297733"
Denmark, krone
6,495
27,543
45,814,942
York
•—'
"
448,189
—
serves,
make
BANK
T:
l.B0000(F
Colombia, peso_.
Free
capital accounts
to
Feb
3c
75
6c
»
v..1
.836258;
2,261
-371,628
19-7,994
liability
on
purchased for foreign
20
2,160
Jan
34
>■70%
,
1,713,836
63,041
+
45,075,138
Total liabilities & cap. accts.
Commitments
'
Mexico, peso
Capital Accounts—
note
"
Official
Newfoundland, dollar—
liabilities
Contingent
7: Apr
i-;
10,000
4.00
40c
J Closed
'
.054406
}(■!'-
{
.
648.534
—
—289,447
—
1,126,298
+
—423.505
370,967
"457,477 J-
19,126,358
certificate
i
:022800
—
''
Canada dollar—
France
47(154,080 <
acct.
deposits
gold
45
67%
'Value In United States Money
r
3,212133
+
England, pound sterling—
notes—23,722,075
7 :.
;
of
*
RESERVE
:
562
*
45,814,942
availability items
Other liab.i incl. accrued divs.
Ratio
Mar
.251247"
Czechoslovakia, koruna_
assets
Deferred
Other
3.80
7: 67%
__
__1
•
198,215
32,568
.
53
8~241
+
2,502,628
premises
Other assets
Capital paid in
Surplus (Section 7)
Surplus (Section 13b)
4.10
Apr
Feb
46
$
—1,092,659
49
103,377
Bank
Total
7' 3.30
v.:297733^;:<:'f^py»y''-;.
■:y■
20,662,217
from foreign banks
F. R. notes of other banks
Uncollected items
Total
2.80
20
1,595
65
5c
5c
—
.
Free_____„^
—1,000
Due
Other
!
June 4;,';
+' 20,000
—i
20,348,9847-
securities-
U. S. Treasurer—gen.
Foreign
.
Noon Buying Rate for Cable Transfers In
"
Member
7
JUNE 4, 1948' TO 'JUNE 10,11948, INCLUSIVE7
Belgian, franc
Total U. 8. Govt, securities-
Deposits:
26% May
33% May
23% Jan
200
peso—
—6,444,477
6,181,786
LiabilitiesFederal Reserve
26%;.
60%
77 26
—*
Mining
BY
Official
1,942,800*
,
Bonds
Total
26
100
.——* .77
-—
871
—338,200
4,289,507:"
I.
and
61
Jan
Feb
20% Mar
1 * *'■
•;
1
137,552
Argentina,
Certificates
loans
60
18
27
25,217
72,886
—
7,934,891
Total
i
Jan
'
2,000
7
;
Bills
Notes
70
60c
•
91,695
;
^
2.90
30%
67
jun
21% May
+ 2,303,797
+
312,342
*
securities:
9,998
+
•
254,592
r
_
advances
Industrial loans
2.85
51 ba
Apr
14% Mar
100
29%
Jun
7 4% May
39
•530
2.90
Feb
33 %c Mar
135
22%
69%
Oreille
Temiskaming
.
—
22,085,892
w—.
24 %
2?v%
22
-
Jun
152
Mar z
,
77 June 11,
620,722
reserves
_•
23%
30%
w,„*
,
cash
30
31%
•
22%
•
'v-'•
v
Country and Monetary TTnlt
Total gold ctf.
Other
6,337
2% May
41
R.
.1—
notes
190
21
43c
•
8outhmouth Investment
Jun
;
3Vb
.
7
•
1948
21,465,170
—
F.
24%
*
51 %
43c
—•
...
134
90
4,820
;
Apr
M
Increase ( + ) or
for
152
4% V :.v
Feb
20%
Foreign Exchange Rates
decrease (- -) since
fund
145
1.50
185
:
Jan
''t
Pursuant to the requirements of Section 522 of the Tariff Act
of 1930, the Federal Reserve Bank certifies dail *
to the Secretary of the
Treasury the buying rate for cable transfers in the different countries of
the world.
We|
give below a record for the week just passed:
1
dollars)
June 9,
Redemption
*
Oil
•
370
:
4 %
*
43c
—*
Jun
%
"
Reserve Banks Combined
certificates
2%
40%
.
Statement of Condition of the (2 Federal
Gold
24
page 47.
7
(In
19% Mar
2
__*
7.
Paper
Selections
Price
Jun
20
v
Pend
6% Jan
Mar
15%
May
135
Mar
3%
if': 80
2,517
20
75
•
Langley's Ltd preferred -l,r—
Minnesota & Ontario Paper
;> High
;
,>'95
.
s;'
Range Since January 1
Low
175
100
_
Dominion
&
Shares
130
1
common
Preferred
Canada
28%
130
23
40
40
•
International Paper common
'
Preferred
Brown
28%
130
Pulp & Paper com—*
.
''
Hayes Steel
High
v: 28%
British Columbia
Sales
for Week
Range
Par
Asbestos Corp
Foothills
Week's
Friday
"
7%..
,*-
deHavilland Aircraft
Dominion Bridge
Exchange-Curb Section
Canadian Funds
"■
'
23
"
152
Paper
Jun
35
4%
Dalhousie Oil
'
28% Mar
100
Westinghouse
13%
40
2
—
Canadian Western Lumber
Consolidated
Toronto Slock
"
*
High
Mar
35
.1
common
10-
'
Jan
3%
•
Vickers
Preferred
Jan
6% May
75
Canadian
Low
200
..
25
•••>
*
Range Since January 1
High
13%
Feb
Jun
Low
35
1
-•>
common
Shares
13%
_—*
com
for Week
r
*
*
66c
5%c
3%
8c
2.90
Apr
500
7
_
Mar
'
Par
;
f
Canada
Apr
Sales
Range
•f Prices
Sale Price
26% May
100
12,260
5%c
•
_
Last
Canadian
"
19C
•
B
2.65
68c
•
Girl
20 Vb
Week's
Friday
STOCKS—
High
95
500
2.51
2.51
5C
1
—
Knitting class A
Class
5c
1.
Bear
Low
Canadian
•
Yellorex
11
Range Since Jannary 1
>.
.
97
1
Wrlght-Hargreaves
MARKETS
ENDED JUNE
..
High
25%
.—100
—
WEEK
for Week
of Prices
Last
...
LISTED
FOR
Monday, June 14y7i94&
Sales
Friday
STOCKS—
FINANCIAL CHRONICLE
3.225000
7201580.
V .201580 "
;^440346-,:^7
.040346
77091324
vy•'-r-278242
>233628
7v>r7 ;v ,2.78242
j* ;;339620.-7v7:7 ,233628
"
>
;^y:4.O075qp:7: r'l.;; .4.007500
.658300*;
.561800*
4.007500
51
3>6^8300*
<-
.561800*
;561800*
•
Volume 167
*
Number 4707
M
'
I
THE
& FINANCIAL
CHRONICLE
Quotations
for
Friday,
June
11
Investing Companies
Mutual Funds—
Aeronautical
Affiliated
Par
-
Sescuritles
Fund
Inc
Bid
!„.1%
A
Loomis Sayles Mutual Fund-
5.01
Loomis
v"
4.58
28 V*
4.08
4.47
8.40
9.08
—_5
16.75
18.21
5 V*
4
Bond
Inv
Tr
of
America—95.39
Boston
Fund
Inc————1
Bowling Green Fund Inc____10c
Broad 'Street
Bullock
Invest
Fund
Canadian
Inv
Chemical
Fund
14.72
—100
i
,
Investment..,.!-!
—--25c
1.57
Shares...
&
25.60
16.80
Fund
'^±2,
Inc
26.32
15.46
Low
>
Corp.——£——10
36 V?f.
•
First Mutual Trust Fund—«.£_1
Fundamental Investors Inc
5.87
6.29
General, Capital .Corp———-'-l
46.41-
Groups Securities^Agricultural
Automobile
Aviation
shares
—_lc
6.35
12.70
9.68
9.33
1
.
_lc
5.80
■
:
:
6.30
"
4.89
1. 5.31
5,56
6.04
5.65.
6.13
4.03;;
4.38
Railroad stock shares-——11c
y;v Steel shares
—lc
shares———-__—_lc
Utility
shares—
;
lc
Plan Fund /
Inci'——L?,
5.33
1.76
Investors—..5
24,88
77c
1.01?
16.20
7.28''
Investors Management Fund
Keystone*,Custodian
Fiindsi/ ' , *
i»
B-l; (Investment Bonds)
1
'(Medium Grade Bds)___l
; B-3 (Low Priced Bonds) ii.l?:.
;
B-4 (Speculative Bonds)——1
K-l (Income pfd Stocks)
11
(Appreciation pfd Stks)_l
(Quality
com
8-4
(Low Priced
Knickerbocker
Stks)_l
Stocks) —.I
com
com
12.77
24.53
16.62
Stks)—15.41
Fund™
1
£
5.80
5,91
,
Due
Fund—.
Bid
1-48
bl.59
1.40%
12-
1-48
bl.60
1.45%
1.50%
9-1-48
bl.50
1.25%
1-
2-48
3-49
10-1-48
bl.65
bl.55
1.35%
1.55%
5-
1-48
2-
5-
1-48
1-49
10-
bl.65
1-48
bl.55
1.50%
1.35%
1.55%
6-
1-48
3-
1-49
f.,2- 2-48
11-
1-48
bl.65
bl.60
1.40%
1.50%
—Id
r10
Life
Agricultural
—..—.£.25.
87
.
46
.
bl.00
0.94%
8,
1948
bl.00
0.95%
15,
July
1948
1948
bl.00
0.95%
bl.00
0.95%
1948
22,
2M»
12.01
New York
12.99
6.76
't 7.40
American
Alliance.—
American
88c
*
'*
>/;
Bank
_
>r9.28
10.35
.
22.16
10.56
17.79
L
19.41
-10.74,
.
Trust
18.00.
Trustee
^
____^2.50
f 7.13
Shares.—- v; 2.56
Trust Shares—
1955—
American
Casualty..—
—5
ll1/*
Assur—5
19%
Fidelity & Casualty-5
121/*
American
,
Equitable
American
American of
'
-
1
—
10
Co
20
American
Re-Insurance_—-10
12%
22V*
10
336
s-403/*
Surety..——25
60 V2
—10
.
"
63
35
—
{Baltimore
Bankers
—!
American
Boston
Sz
2%
Shippers^.££v-£—25
:—
80%£
:
-10
——
63
•
:
j85%
National
t'ire———
5
§Cfty of New York——10
19%
20%
Connecticut
General
86%
£
New
Hampshire
York
Continental
Casualty—.—_lt)y
50%
52%
Crum
&
Forster
Inc
.—10
31%
; 36 V8 '
■
..
Federal
10
20
Fidelity & Deposit of Md
Fire
Assn
of
'
Fireman's
149
Phlla—T_—10
Fund
of
Frisco
10
firemen's of Newark
{Franklin
57
Fire
^
—-5
!
5
General Reinsurance Corp—10
{Gibraltar Fire & Marine
10
Glens
Globe
Globe
2nd
Great
Falls——4—.5
&
&
Republic
™L_
5
Rutgers Fire com___15
preferred
American—
Hanover Fire
Hartford
Fire..———
Hartford
Steamboiler^
15
■
71%
61
1
25
14%
103
57 V2
'87
■
—
30
—
45
47
■"
*■'
11
'
21
Security
74
79
33%
U S
27
29
U
—10
114
10
32
118
"
34
U
S
V
Haven).
100
53%!
51V*
231
40%
42%
89
92
40%
42%
82
86
,
10%
9%
x565
595
....
Guarantee
Westchester Fire
^
'*■
:>
10
10
v
98
-1978
103
33%
.1977
98%
3%— .1978
38————, -1978
102%
3s
Louisiana
Pow
Power
&
Lt
Ohio
Public Service
3%s— .1978
5
•26%
Pacific Pwr & Light 3%s„ .1977
Edison 3V8s
-1978
Potomac
*
85
J91%
107%
108%
102
104
New
r
Pow
pfd-100
•
England Gas A Elec—
4%%
Y
preferred
.100
95%
96%
.—^—100
104%
105%
106%
107%
State Electric 81 Gas—
'
4.50%
103%
preferred
Okla Gas & El
102
103%
5%% pfd
100
102%
102%
Pennsylvania Electric—
3.70 %
101
102
Diego Gas & El 3s____ .1978
'/
Bell Tel S'/sS-— .1983
Edison Co 27/aS
.1977
Elec
Co
of
Mo
$4.50
r
conv
American
American
93
84%
50
52
102%
55
100
81%
83%
Mexlco.7
14%
15%
25
28%
28%
•
12%
13
98%
99%
3.50%
preferred
Public Service of New
103%
k—
.99%
100%
Southern Calif Edison—
4.56 % preferred
100%
101 %t
.1978
101%
102 V*
Speer
.1978
102%
103%
Par
Bid
Tennessee Gas Transm's'n Co—
4 % % preferred
100
...
3s
v
00%
100
Public Service
3s__ .1968
West Penn Power 3s
Wis-Michigan Power
preferred
Pitney Bowea 4%% pfd
(Indiana)—
102
•
Ask
108%
8%
preferred
Broadcasting
109
Carbon
Co
8%
Texas Eastern Transmission
Tucker Corpy£'A"—__
1%
1%
West
Cladmetals
Disinfecting
•
13%
1
13
13%
3
common—50c
$5 preferred
_•
3%
14
-
96%
99
5%
28%
Odd lot sale
in
81
51
55
change.
27
29
dividend.
x
10
*44%
46%
10
32%
610
2
51%
53%
4
54
76%
80
37
•No
to
par
y
to
Ex-rights.
value,
eEx-Interest.
IFlat
trading N. Y. Curb.
(Un) Admitted
dividend,
dividend
range),
tin
Unlisted
2 Ex-stock
default.
bBig yield price,
price,
rCash
Trading
sales
k Admitted
dDeferred delivery galea (not
to
listing
on
N.
Y. Stock
(not included in year's range),
privileges.'
w
d When
delivered.
Ex¬
tEx-stock
wiWhen
Issued,
dividend.
iThese
bonds
are
subject
to
all
Federal
taxes.
lEx
$49
cash
57
35
Ex
(not Included In year's range).
year's
n Admitted
34%
595
107
'
a
78
Ask
.
83%
N
y'.V Stocks—
Alleghany-Ludlum Steel—
35%
Bid
106
90%
103%
Kentucky Utilities 3s
86
5
100
& Lt 4%% pfd.180
Ind'polis Pow & Lt 5% pfd_.10O
'/•;
Iowa Power & Light 3s
Union
7%
Par
preferred
Birmingham Elec $4.20 pfd—100
102%
26
>■
AV*%
103
Toledo
6%
Stocks—
97%.
103
Tel
S'western
4%,
;
>
Appalachian Electric Power—
Kentucky Utilities 4%%
96%
102%
15
88
V-
Ask
103
45
50%
4;
Security Issues
.1978
Bell
Included
100
Fidelity & Guaranty Co
Fire
165
225
12
30
105
12V2
.1967
f Georgia Power & Lt 3%S— .1977
Gulf States Utilities 3s___ .1978
>' Illinois
"34%
81%
2
■
97
24%
.10
r;!
Firestone Tire & Rub 2%s_ .1972
__10
Travelers
S
Trust
Title Guarantee & Trust
United States Trust
13.75
Florida
13%
10;;
Springfield Fire & Marine
Standard Accident
31%'
Ask
155
200
36 V2
102
28
42
-
*
5
Surity..
(New
Bid
100
100
_
25
47%
28
.10
25
10
L—5
(N Y)
(Texas).—
(Paul) Fire—..
Seaboard
Trust
National
Sterling National
101%
i;:
Cudahy Packing 2%s—.
San
.10,
St Paul Fire & Marine..
—
*
i
__i—
15%
—
28
{Revere
0.96%
16
98%
77/a
32%
25
Providence-Washington
Republic
"•
,
102%
Ohio
5"
—
Indemnity Co
V
45%
_2>
Reinsurance Corp
59%
99 : ~
bl.00
Co
20
Morgan (J P) & Co Inc
.100
National City Bank
..12%
New York Trust
25
Public Nat'l Bank & Trust.17%
"AAV*
42'/*
97%
30%
——1250
Pacific
154
(57%
10
"
0.96%
1948—
Manufacturers
102%
%
;
Preferred Accident...
Phoenix
38 y8
AV/2.
Arkansas Pow & Lt 27/8s— .1977
/.' Columbia Gas & Elec 3%s_ .1973
Consol Nat Gas 2%s_.
.1968
24
26
5
34'/4
.
bl.00
_
x40!/a
•>
i 28%
—.10-
Fire
Fire
!
6%
———10
Fire...
10
33%
.
Employees Group Assoc..;——,32%
Employers Reinsurance——__10
68V2.
1948.
Guaranty Trust
100
269
278
Irving Trust
.10
16
17
Kings County Trust-—..100
1,500
1,550
Lawyers Trust
——25
46%
49%
94%
Bid
,
River...—.
_2.50
Northeastern
—....—a.
5
Pacific
16%
49%
26%
*
Casualty
Northern
-t'i(
>28%
5
Fire—
89%
Life.—.10
Grace
112
91%
Par
42
W
23
North
Camden
j
Union
Amsterdam
New
67
;.
Fire...
{New Brunswick
'
1
Assur..
{National Liberty _L
;}
New
'
Fire
:•
15%
National Causally
(Detroit)—10
National
0.96%
2,,
Fulton
'
42 %~
108
10
24
Corn Exchange Bank &Trust-20
; / 55Mt
Empire Trust
______r__50 V 83
29%
108%
47
preferred_5
Bonding
_5
Massachusetts
Ask
38
Convertible
Merchant
24,/*.>
0.96%
bl.00
&.20
f 104%
$2.10 Prior preferred.......10
$1.05
Merchants & Mfrsi——
(: 33
0.96%
bl.00
1948-
2.88
27%
Y
-17
31
-Reserve^
Automobile
N
13%
Newark—_—_2y2'£■'16%,
American
American
of
2iy8
-
bl.00
26,
Par
25 %v.
Continental Bank & Trust
Bond®-*
20
*
12, 1948.
19, 1948—
3.73,
^10
43
0.96%
———____If ''3.71
Maryland Casualty common—_1
AQV*
0.95%
bl.00
"444. '
Insur Co of North America^
23%
bl.00
1948-
Ask
24
321
.;,
.
Trust
Co..10
Federation Bank 81 Trust—___10
14
Fiduciary Trust
__1034%
First National Bank....1.
100
X13.15
Shares—
E_—1.
Bid
_a_.100
Brooklyn Trust
...100
Central Hanover Bank & Trust 20
Chase National Bank.
15
Chemical Bank & Trust
-_10
Commercial National Bank &
'
>6.37,
20.27
the Manhattan
Bankers Trust
19.72
'8.49
of
Bank of New York
■
98c
18.04
'■->
22"
—10
9,
Ask,
1948-
5,
City Banks & Trust Cos.
Par
21.80
1
60
Automobile———4
29,
■■r-
•■4
53.00
50.00
.
(
88c
80c <
.1
Jersey Insurance
~
•
July
Aug.
Aug.
Aug.
Aug.:
Sept.
29.45
.Home
-
Bid
0.94%
1,
*51.95
————1>:
54%
-
1-
04
*
48
/;
52 V*
1-48
Treasury Bills
0.93%
I
Bid
84
.10
4-
Ask
bl.00
Inc
I3®**"
Aetna
1.55%
bl.00
Insurance Companies
Aetna- Casualty & Surety
Aetna - Insurance—.——
Ask
11-
1-48
Recent
^
Bid
1-48
3-
3.79
....—
Series 1956
Due
6-
1948,
1
C—.-wl-X.i—
Series
,
Dated
1.45%
1.55%
1948___
Fund—
v'! North Amer
;
Rate
1.15%
1.20%
17,
Unit Type Trnsts—
.
Ask
bl.40
Sept.
1
6,36
.0329
17.07
B_„
Series
100.0138
—
.0494
bl.45
24,
-1
Investors
Independence
100.0336
1949
.0364
1-48
5
Wellington Fund.l;
WhitehaU Fund Inc———
1
.0445
100.0222
-
2-48
July
July
July
9.00
1 %:
30.87
£ >15,26
1,
.0545
-
7-
June
10.74
Tradings
Diversified
tiy8s; Apr.
tiy»s June
.0071
100.0318
8-
June
equipment..
Union Preferred Stock Fund___l
-
I, 1949
1, 1949
Mar.
1949
1 47
7.04
Union Common Stock Fund..
Wall Street
Investing
24.59
13.99
.0026
13.73
—_u—
Series
18.95
28.30
99.9976
Bid
10.61
17.37
.0022
United States
.19.03
.
-
9.72
.0022
99.9974
1,
tiy8
99.9975
7.15
Series
-!>
tiy8$ Feb.
.0068
100.0435
1-48
12-1-47
1.55%
26.76
L7.44
15.23
Stks)_l'
4
Ask
Ask
99.9951
10.13
1_—lill—
Inc..:
Bid
99.9949
—
Oct.
1, 1948 Series K
tiy8s Jan. 1, 1949
10.40
—
28.61
Bid
tls
15.17
Corp—__1
27.38
1.45%
12.36
Trusteed Industry Shares
25®
Union Bond Fund series A—_1
15.87
22.54
common
(Income
T.98
-
15.51
1011-
1.25%
1.35%
11.44
Utilities———
10c
State Street Investment Corp.**
31.45
(Appreciation
13.17
-tr
1.12
14.79
28.94
.0484
11.50
Selected Amer Shares
16.55
W6 85c
Group___.lc
Dated
1.15%,
1.20%,
10.82
Scudder, Stevens & Clark
..
9.63
.
Rate
10.89
f: Standard
Investment Co of America——1
Investment Trust of Boston™l
8-2
7.75
10.06
Fund
Certificates of Indebtedness—
tls Oct. 1, 1948 Series J
.0067
Federal Intermediate Credit Bank Debentures
12.41
.£„—
(Geo)
.1327
99.9947
v
Maturity—
:4.67
'■v..
Russell Berg Fund
%
'?
121'/z
17.02
stock
£ Railroad
Republic
Shares Ltd—*
8-3
4.27
15.87
_£
____
Railroad
Putnam
26.90
120
1961
4.56
11,73
>
1.81
100.4
Other Issues
7.85
i
8.93
Petroleum
5.11
10c
Aviation Group shares—lc,
Bank Group
shares.
__lc
Insurance Group shares.!
ic
.8-1
6.27
7.18
'•« 4.17
1
Sovereign Investors
K-2
-4.01
5.74
ya % 100.1225
1%
Price
Ask
-iy8% 100.0374
*7/bS July 1, 1948 Series G
V/aS July 1, 1948 Series H
Stocks Inc—;
Tobacco
5.79
4.73
.
1949
13.65
2.80
Bond
3.67
1'!. Steel
10.15
Stock "and
5.20
Pacific Coast Invest Fund.
Public
Utility
_____
,
"4\
V:
4.76
1
1948
1,
Bid
21.45
8.80
2.57
'Institutional
.1
Fund
1948
1,
Certificates of Indebtedness—
t7/8s July 1, 1948 Series F
7.95
Merchandising
7.78
8.12
v'9.36
Incorporated
17.27
Machinery —la—
Metals-.
10.11
.7.17 1
-
b
shares—lc
Income Foundation Fund
7.40
10.16
•
'
_L)c
;;;
8.95
,
Railroad Bond shares.—.lc
RR Equipment shares
-lc
Howe
6.77
stock..—________
Building supply
,Vj'
8.61
.
V,8.25
'
•
8.72
7.94
.
Investing Company shares.lc
Low Priced shares——lc
Tobacco
England
York
■,Insurance
6.09
'5;8.04
shares——_—le
shares.
7.38
5.61
Institutional bond shares—lie
Mining
1
Series
15,
tOct.
7.48
Diversified Investment Fund.l
Diversified preferred stock
1
,4 Electricial;
equipment"-__1
8.82
11.72
:
Industrial Machinery shares -lc
Petroleum
e.84
'
6.89
9.06
6.80
"
shares.—.—a£££—££—lc
{ Fully Administered shares—lc
Merchandising shares
1
Series
tSept.
Int. Rate
tJan.
:;jZ Corporate bond series.
.Diversified Industry——II
7.36
100.1
101.16
Dollar
10.81
Bank
:>
,
6.78
,
Food
;
•
V; 8.40
100.1
100.7
0. S. Certificates of Indebtedness
15.21
Chemical
7.75
shares——rlc
bond
14.17
Aviation
-..49.90
4
'
Chemical shares
——..lc
Electrical Equipment shares lc
J
Bond
...
7.20
•
5.58v.
shares-.__-_.l-lC
.Building shares^——i-;—-tic
■\ General:
Priced
Agriculture—.
Automobile
-
16.96
15.48
General InvestorsvTrust__—;—_l *•
New
New
6.52
,
2
shares A—2
Fundamental Trust
Ask
99.30
100.3
5.20
10.00
!
1
1
Industrial Stock Series
1
Selected Group Series.—
..1
Low Priced Com Stock Series 1
\y*
38%
i
Bid
1948..
20, 1949—
15, 1949—
Panama Canal 3s
Maturity-—
Stock Series....
•
2.23
Boston
101.8
15,
point
16.90
1
Preferred Stock Series
Income Series
28.45
2.04
a
Banks—
'•
Securities—
Fund
National Investors
Corp
National Security Series—
Bond series
17.96
—5
First
:
1
Balanced
27.37
-
1955-1953
13.94
■'4
1
Fidelity
>
12.89
:;,1.72
Financial Industrial Fund Inc lc
.
1
•.-.V.
Howard—
Balanced i. Fund
Jan.
l5/aS Apr.
30.25
Speculative
Stockv Fund.——.—...4-1
,-r
Sept.
l3/*s
99
8.45
27.98
shares—
shares
Nation-Wide
'4
1V*S
98.8
Loan
5.83
7.71
-
Mass Investors 2d Fund
Mutual Invest Fund Inc
17.39
100
-
5.29
6.68
:
99.26
98
98.24
5.08
4.72
145
6.15
32nds of
more
Home
1953-1951—
1,
1,
2y*s Feb. 1,
5.15
4.6I
lc
15.93
140
or
1952-1950
iy*s May
1%S Jan.
4.09
4.67
lc
Steel
3,090
1
16.09
?.V:
Eaton
-1
com—100 2,990
one
Federal
4.33
33.06
—
3.71
Ask
5.14
5.25
30.75
Fund.—™———-;-l
Dividend
*
4.10
1.1
4.88
Bid
4.41
21.24
19.39
„_1
:
Commonwealth
—1
Federal Land Bank Bonds—
lVaS Oct. 1, 1950-1948—
4.41
4.38
Petroleum
19.42
Ltd
Securities
Preferred
17.96
-.
4.00
4.43
Manhattan Bond Fund Inc..10c
Mass Investors Trust
1
9.33
Trust..
Fund
Delaware
5
Ltd——
Century Shares
Christiana
Corp
50.49
4.66
None-Ferrous Metals
Paper shares
22.16
9.32
.
-4.00
'
99.36
20.50
Figures after decimal point represent
106.32
49.49
lc
4%
Corp.
———.1
Holdings Corp.—j_—1-1-
104.19
;
Obligations Of Goveriuneiil Agencies
Ask
lc
5%
Blair
*
10
Automobile shares
lc
Business Equipment shares, lo
Drug shares
lc
Electrical Equipment shares.lc
General Industries shares
lc
Home Furnishings shares—Ic
.
Inc———1
Sayles Second Fund
Bid
-
Managed Funds—
11%
10%
Beneficial
"
Par
,
—2
Axe-Houghton Fund
Axe-Houghton Fund
6.41
26 V*
Associated Standard Oilstocks
series
Ask
5.84
1
Amerex Holding Corp—— J—.10
American Business Shares.:—1
Shares
(2615)
OVER-THE-COUNTER SECURITIES
*
IT.
COMMERCIAL
10
2.50
paid
on
May
10.
{Stockholders have approved proposal to merge Into Home
Insurance Co., through exchange of
stock.
47
v ■
48
THE
Bank clearings this week
■with
a
show
telegraphic advices from the chief cities of
the country,
indicate that for the week ended Saturday,
12, clearings from all cities of the United States
June
weekly clearings will
from which it is possible to obtain
l>e
totals stand
preliminary
Our
year.
corresponding week last
those for the
below
1.3%
at $13,451,066,503
of
9.3%.
comparative
Our
week
the
for
summary
CLEARINGS—RETURNS
TELEGRAPH
BY
In the
$6,736,532,518
616.639,952
Philadelphia
842,000,000
743,000,000
...
Boston
Kansas City
431.003,495
272,495,000
+ 11.9
294,550.219
239,125,560
190,029,379
+
2,505,878,200
Other cities, five days
2,237,676,595
3,9
+12.0
$12,715,355,538 $12,856,996,434
cities, one day_
735,710,965
j
Total all cities for week.
> $13,451,066,503 $13,631,572,598
York
1.3
—
■'
'
-Five Months
Number of shs._
1947
-
1947
1948
42,769,258
20,615,786
137,393,290
107,886,916
$99,579,700
$75,863,000
$446,059,100
Internafl
Bank-
347,000
6,523,200~
govt.—
8,975,400
40,486,280
720,927,941
10
503,450,128
537,063,954
847,553,271
855,873,751
643.928,403
355,201.462
313,302,931
488 870,142
382,634,973
i
6.3
—
606,852,015
1.0
753.788 928
614,939,504
4.4
342,365,840
306,375,261
1.8
—
282,548,833
213,076,979
4
398,019,488
416,368,523
7
323,905,342
318,059,823
10
416,436,090
4 34,348,443
6
216.550,631
225,621,781
4.0
194,366,103
10
568,541,844
681,037,277
—16.5
;522,453,304
494,595,724
9.2
12,938,949,199
11,033,371,367
3.2
5,403,422,550
4,702,282,847
—
■
Franclaco.
TotaL
.112 cities
Y. Clty.
the
5,824,587,695
trict by
York
totals
the totals
In the New
gain of 4.7%,
a
—
—
District of 9.4%.
$58,201,284,059.
show
V.
4.1
—
are
304,266.648
363,080,154
140,000
383,500
and the Atlanta Re¬
In the Chicago Reserve District
larger by 1.7%, the St. Louis Reserve Dis¬
12.3% and in the Minneapolis Reserve District
In the Kansas City Reserve District the in¬
by 10.5%.
$108,954,100
$32,526,200
$489,925,880
$445,186,600
crease
in the San Francisco Reserve District 16.5%.
1,228,000
to 1948 is indicated in the
Months—
150,497,109
•
increase of 4.2%, the
an
Richmond Reserve District of 6.4%
146 and the 1947 aggregate
the
:
District has to its credit
serve
serve
District
+
6,017,198,772
entire
Reserve
.'t~
13.881.906,255
12,607,880,816
body of clearing houses of 6.6%,
the 1948 aggregate of clearings, having been $62,015,863,-
31,303" 000
52,000
The volume of transactions in share properties on the
New York Stock Exchange for the five months of 1945
following:
% W
1947
1940
23,556,803
51,510,197
38,995,195
16,801,286
23,757,877
34,092.745
32,612.585
22,992,575
19,336,900
25,663,765
27,492,243
i
Month.of May—
..
1945
The
Cleveland
fT".Vi
'
Federal Reserve District*
;X: - VA-.v:
...
+
y..;;''V-
1st
Boston
2d
New York
14
3d
Philadelphia
16
4th
Cleveland
17
5th
Richmond
6th
Atlanta
—14 cities
"
Re-
-
9th
Minneapolis
Louis
;
V
1946
or
1945
V$
2,237,842,399
2,115,302,627
5.8
2,154 778,727
1,868 882,930
29,169,930.487
+
4.7
+
8.9
30,933, 615,420
3,382, 097,401
28,583 810,978
3,622,768,126
+
4.2
'Vf 2,840, 409,739
2,927 ,110,126
1,309 160,632
+
3,419,177,060
3,561,942,938
+
6.4
+
9.4
+
1.7
4,671, 917.664
4,508 885,222
1,718,975,591
+ 12.3
1,357 831,942
1,644,092,416
5,762,963,659
1,929,725,916
1,487 802,278
2,259 ,853,360
■
7
3,116 405,967'
2,509,288,083
5,667,279,382
1,748,791,880
''2,744,877,591 <'.
31
Chicago
St.
Inc.
Dec. %
•
District 19.6% and
30,532,775,527
3,946,177,704
'
:
8
8th
is 10.8%, in the Dallas Reserve
"1947
1948
$ .-'a
16
7th
1948
20,217,606
4
■
■
1,914 ,982,038
February
1st
,
Quarter
60,011,467
66,651,580
111,266,707
99,100,023
April
——
34.612.565
20.619,550
31,426,715
_______1
42,769,258
1,525,757,044
1,380,849,379
+ 10.5'
10th Kansas City
.—15
2,543,445,403
2,296,451,018
+ 10.8
1,855, 428.911
1,643 437,886
.—11
2,169,469,612
1.813,399,889
+ 19.6
1,494, 631,460
1,213 156,988
19
3,312,093,470
2,843,770.001
+16.5
2,582, 220,049
2,341 ,768,746
56.313,780,526
51,709,917,677
26,297,777,710
23,973,433,771
-—
919
484,222
28,270,442
May
16
1,533, 793,860
1,117, ,23.1,657
11th Dallas
—
March
The
-
of bank
course
month
20,615,736
30,409,809
BANK
CLEARINGS
(000,000
umitted)
1948
$
New
York-
Chicago
Boston
LEADING
$
$
3,749
Louis—
IN
with
1948
1947
Francisco
Total.
Outside
N.
Y. City.
We
Federal Reserve Districts
$-
$
146,531 152,353 132.564
14,679
12,643
11,341
1st
2d
New York
Philadelphia
9,152
8,798
7,875
4th
Cleveland
3,226
2,969
19,375
17,793
16,051
14,368
5th
Richmond
971
905
823
5,844
5,071
4,357
3,986
6th
1,256
908
7,283,994,992
14,231.639,069
6,434,145,898
13,702,270,741
12,635,315,549
+
8.4
10,872,293,346
9,473,667,036
22,258,206,676
6,747,824,855
+ 15.1
r
4,458
4,044
3,704
3,417
9th
3,726
3,360
5,990
2,790
4,858
2;645
6,822
4,391
10th Kansas City,
11th Dallas
967
6,647
5,879
4,741
4,780
12th San Francisco
5,379
7,981,450,215
.19
■
•
722
.614
4,608
3,845
504
459
373
2,495
2,377
2,149
1,906
1,515
1,530
1,232
1,486
8,081
7,100
5,899
419
359
319
2,467
2,249
1,851
1,676
Omaha £—
465
472
361
322
2,500
2,347
Providence-
1,848
100
95
79
565
525
462
+ 13.1
8,796,813,348
+ 24.9
14,567,031,031
295,991,804,387
+
149,460,755,116
+ 12.0
4,533,228,058
5.681,787,623
:
C
9,311,781,755
7,270,720.489
12,763,515,475
'
+17.4;^;
8,15'< 928,084
6,110,899,441
11,699,483,453
396
1,248
11.520,954,941
1,599
110
13,029,151,487
321,301,570,071
:
7,593
476
16
.15
9,125,363,681
6,934,274,393
10,982,054,292
17,099.048,974
.11
551
;
167,449,470,230
694
531
.' 894
,
986'
1,029
8.7
7,592,769,576
Minneapolis
1,278
+
22,455,127,023
St. Louis
_
8.202.630,056
+ 12.6
—
Chicago
8th
Minneapolis
14,392,367,729
8,915,692,317
+ 10.4
7th
Cleveland
136,628,731,421
16,786,073,687
13,999,730,031
26.649.706.378
5,603
6,324
972
V,; 156,518.540,050
9.1
+ 12.5
10,274,218,664
5,102
7,114
756
5.2
+
16,434,124,457
29,416,361,073
5,522
7,794
.
+
18,673,762,435
18,495,811,120
7
6,193
8,533
663
151,535,401,726
20,363,271,200
31
1,160
816
159,428.569,232
••
1,243
1,191
9,157,070,984
is
1,007
697
10,350,122,400
Atlanta
1,426
880
6.4
"
1,158
1,328
+
8
1,483
Cincinnati^
h
"'v'?
"
—17
—
1,184
Kansas City
1945
1946
or
10.916.376.377
"
16
_
Five Months
Five Months
i,--f r,'":-
Dec. %
$
£
—14
_
1,659
_
•
<
>11,613,670.756
—14 cities
3d
V;
[nc.
1947
,57
Boston
PittsburghFran-
I'*..':'
1948
1945
■■■
Five Months
Five Months
San
Baltimore
.*
'
+\ 6,6
append another table showing clearings by Federal Reserve Districts in the five months for four years:
31
1946
$
58,201,284,059 '
30,015,420,225 A,, 8.4
May
3,443
1,100
62,015,863,146
32,548,757,701
.184 cities
MAY
Jan. 1 to May
$
.
.
CITIES
29,467 28,185 30,016 27,736 153,852
"
"—
3,149
3,182
2,634
2,353
15,909
1,851
1,763
1,826
1,604
9,668
__
—-
Fhila.
Bt.
AT
Month of May1947
1946
1945
12th San
32,024,018
clearings at leading cities for the
of
May and the five months ended
in each of the four years is shown below.
New
Orl'ns
Detroit
Louisville
-
43? <1
"r'
>
3,022
Milwaukee-
233
215
186
157
1,111
940
322
324
274
287
1,755
1,617
1,318
St.
316
269
267
1,751
1,544
Denver
1,222
1,082
428
384
328
252
2,127
1,928
1,627
1,296
Indianapolis
221
202
170
137
1,094
791
675
Richmond-
478
390
342
The
.184 Cities
Y. city-
1,398
330
Total—
Outside N.
800
Buffalo
Paul-
*
Memphis
Seattle
459
330
-
Hartford,
105
2,457
2,341
1,948
252
202
1,851
1,708
1,309
370
428
2,444
2,085
1,842
M.971
190
151
117
1,110
930
737
605
100
-
89
72
532
490
423
Out. N.Y.C.
We
128,532,923,284
MONTHLY
-
,-V' .■'•■V
1948
117,862,190.720
-
the clearings by months since Jan. 1, 1948 and 1947.
CLEARINGS
Clearings, Total All
Months—
250,426,152,704
280,886,456,447
•
•
Inc.
1947
.
or
■V.v'
Dec. %
$
$
Clearings Outside New York
-
■
Inc.
1947
1948
-
'
V;1,;"
$
or
Dec. %
$
1,023
January
>
+13.8
66,770,398,413
57,526,012,785
-
March
'5 Total
1st Quarter
62,831,178 535
+
6.3
35,619,200,611
31,303,485,434
54.218,083.234
+
6.1
29,979,198,075
27,176,824,239
69,245,050,390
,
February
62,909,609,060
+ 10.1
35,401,982,893
31,211,042,884
+ 13.4
83,691,352,557
+ 12.6
+ 13.9
+10.3
193,541,461,588
179,958,870,829
7.6
101,000,381,579
65,744,245,337
57,831,649,499
+ 13.7
33,900,330,950
29,753.982.334 h'.
62,015 58,201 56,313 51,709 321,301
295,991 280,886 250,426
62,015,863,146
58,201,284,059
+
6.6
32,548,757,701
30,015,420,225
+. 8.4
32,548 30,015 26,297 23,973
149,460 128,532 117,862
321,301,570,071
295,991,804,387
+
3.6
167,449,470,230
149,460,755,116
+12.0
8,405
now
7,324
6,323
add pur
5,251
42,424
167,449
36,227
30,164
Total 4 Months
detailed statement showing the figures for each
city for the month of May and the week
-Month of May-
Clearings at—
1943
1947
.
First Federal Reserve District—Boston—
Me.—Bangor
■.
$
en
+
ded June 5 for four years:
-Jan. 1 to M»v 31
Inc.
1948
or
Dec, %
$
•
.
'
'
V
-Week Ended June 5-
Inc. or
1947
■
;
\
$
Dec. %
>
7,843,313
18,780,705
1,851,095,648
1,763,872,073
7,503,228
3
Portland
a-':
*
6,911,694
18,881,279
+ 13.5
39,444.036
35,116,123
1,637,138
1,816,216
—
9.9
.
A
"
-
Springfield
Worcester
*
:
:
Waterbury
R. I.—Providence—
N. H.—Manchester
(14 cities).
94,808,313
86,719,539
2,790,279
4,035,383
—30.9
4.9
9,668,970,609
9,152,881,938
437,858,126
—10.2
6,736,611
+ 11.4
40,493,313
34,704,894
393,201,054
1,469,439
1,649,289
—10.9
+
6.3
21,009,028
18,502,844
2,607,029
+ 38.8
17,861,939
14,514,402
—
5.6
557.396
8,242,105
32,694,667
7,852,896
28,695,572
+
8.0
+
3.2
19,172.948
100,072,096
46,080,722
38,181,705
.'
1,361,407
3,768,821
22,998,948
105,177,914
New Bedford
'1,057,646
1,598.037
0.5
3,617,366
Holyoke
Lowell
New Haven—
1945
"v\
4,007,273
.
Pall River
Conn.—Hartford
:
1946
Inc.or
1947
1943
Dec. %
'
Mass.—Boston
Total
vi"; ?
26J21
Other cities
all—
covers
8 6
353
•
Tot. 27 Cts. 53,610 50,877 49,990 46,458
278,877 259,764 250,722 224.405
Total
following compilation
1,716
413
218
.
989'
308
465
—
Salt Lake C
,
776,853,020
8.2
6.3
+
—
delphia Reserve District of 8.9%.
2,997,000
V. S. government
,
0.1
+
822,289,519
in the Boston Reserve District of 5.8% and in the Phila¬
bonds—
'/
6,501,834,758
$412,655,600
Bonds—
Railroad & mi6c.
\
7,726,344,681
-17
for
'
423,567,524
—13.2
0,075,228,733
489,148,329
659.790.203
Uth Dallas
N.
S
'
8.3
—
340,154,800
Minneapolis
10th Kansas City.
Outside
Dec. %
S
823,361,709
1945
1946
Inc. or
1947
713,622,935
—
Louis—
St.
8th
crease
-
-Month of -May1948
CLEARINGS
516,059.445
the
'
Stocks—
BANK
OF
•:
We also furnish today a summary of the clearings for
month of May.
For that month there was an in¬
Stock
Exchange is appended. The
results for May and the five months of 1948 and 1947
Description
and the
District of 16.5%.
318,832,136
9 th
Our usual monthly detailed statement of transactions
New
In the Kansas City Reserve Dis¬
the Dallas Re¬
San Francisco Reserve
decrease of 4.1%,
a
4.0%
6
7th Chicago
5.0
—
of
7
—
1.1
—
774,576,164
and the
1.0%
4.4%, but the Minneapolis Reserve District
7,006,743,598
—11
12th San
,
The Chicago Reserve Dis¬
St. Louis Reserve
6.3%.
of
gain of 1.8%.
470,863,644
.—12
6th Atlanta
6.7
—
.12 cities
4th Cleveland
+ 23.2
202,783,327
$10,209,477,338 $10,619,319,839
of
a
District
serve
1948
5th Richmond
<
z
District
enjoys
loss
a
by Federal Reserve Districts.
:$
York—
New
3rd
+ 12.9
Cleveland
,
summary
Philadelphia
2d
9.6
247,836,431
Baltimore
Ten cities, five days
a
1st Boston
+ 14.7
230,649,127
224,700,000
277,428,996
Pittsburgh
furnish
Federal Reserve DlatrteM
0.3
—
264,500,674
253,600,000
—
we
smaller by
are
suffers
trict the totals show
clearings at this
We group
bank
Week Ended June 5—
1.1
298,609,000
fit. Louis
fian Francisco
January
the
SUMMARY
+ 13.3
429,905,653
——_
Total
totals
trict
decrease of
9.3
—
$7,423,840,895
609,566.951
Foreign
a
CQJit
1947
1948
Chicago--
New York
follow:
3.2%,
following
Per
the
was
register a decline of 13.2% and in the Boston Reserve
District of 8.8%, but in the Philadelphia Reserve District
the totals record an improvement of 0.1%.
In the Cleve¬
land Reserve District the totals are larger by 8.2%, but
in both the Richmond and Atlanta Reserve Districts the
center having recorded a decrease of 13.8%.
Week Ended June 12—
on
of
decrease
a
was
follows:
AU
which they are
9.2%, the aggregate of clearings for the whole country
having amounted to $12,607,880,816, against $13,881,906,255 in the same week in 1947.
Outside of this city there
Friday
loss for the week ended
a
For that week there
ended June 12.
At
against $13,631,572,598 for the same week in 1947.
this center there is
Districts in
located and from this it appears that in
the New York District (including this city) the totals
the cities according to the Federal Reserve
foregoing will appear in our issue of next week.
We cannot furnish them today, inasmuch as the week
ends Saturday and the Saturday figures are not avail¬
able at time of going to press. Accordingly, in the above
the last day of the week in all cases has to be estimated.
In the elaborate detailed statement, however, which
we present further below we are able to give the final
and complete results for the week previous—the week
the
us,
based upon
CLEARINGS
BANK
Complete and exact details for the week covered by
decrease compared
a
Preliminary figures compiled by
ago.
year
OF
COURSE
Monday, June 14, 1948
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
(2616)
—
+
+
■s
+ 20.0
5.1
■.
747,921
:
39,972,607
37,054,567
1,876,293
1,737,532
>
161,472,187
5.0
+ 13.9
+
~~7~06~023
143,390.102
7,031,200
6.810,212
115,012,04^
101,522,894
532,739,484
'
5,233,712
490,756,670
"
+ 20.7
13,582,000
12,689,500
+
7.0
110,604,900
100,798,800
+
9.7
228,141.674
-
197,254,256
59,560,200
11,089,082
525,174.200
672,248
.
6,096,523
4.6
4,592,731
1.5
22,985,523
+
:
:•
'.
1.697,028
•
+
•
1,342,841
,
6.7
>
~
,
3,724,079
16,268,363
6,121,300
9,784,367
:
1,457,508
4,965,755
53,328,400
565,439.400
,
22,319,931
10,393,577
3,314,436
364,400,492
"
+
5,003,622
22,661,908
4,307,510
.411,035,274
r
21,873,000
'
'
22,433,000
5,613,610
5,061,603
+
10.9
28,745,923
25,455,543
1,294,516
2,115,302,627
+
5.8
11,613,670,756
10,916,376,377
470,863,644
516,059,445
711
1,254,636
2,237,842,399,
r
-n
-v*-a
'.f''af-rT^r:
c
&
a
.
•4
23,841,600
.
•>
*
»
*
»'s.
19,382.800
860,056
1,290.923
489,143,329
WL.
S U
•■-V
-
-a
is
x ;t
423,567,521
v
..
-
Volume 167
Number 4707
THE
CHRONICLE
FINANCIAL
&
COMMERCIAL
(2617)
.
-Month of May—
'
Clearing:! at—
1948
$
Inc.
Y.—Albany
Binghamton
115,921,882
91,091,351
438 ,600,815
61 703,769
55, 938,351
+10.3
0.7
1,755 ,289,750
1,617, ,468,432
+
5.9
34 ,761,587
30, 570,382
6,134.906
634 ,822,519
8,799,995
8,047,231
+
9.4
42, ,648,795
28,185,863,834
+
4.5
153,852, ,099,841
79,140,910
50,694,579
72,259,334
+
9.5
412, ,619,086
46,187,931
+
9.8
280 ,210,111
231,,111,840
Utlca
"
Total
(14 cities).
Third Federal
*
$
+ 714.6
12,239,571
2,575,580
—10.8
2.9
2,083,427
56,237,562
6.0
1.523,402
60,276.000
1,276,160
1,511,871
7,535,526,649
15,203,330
6,331,108,520
1,373,247
1,461,581
—
—
8,470.996
1.408,435
1,618,755
1,901,003
—14.9
6,783,293,121
11,354,883
7,864,707,483
17,211,085
10,118,870
—13.8
17,918,898
+ 12.2
8,562,553
5,810,185
14,107,706
11,394,326
"+*23.8
10,433,289
10.439^250
J
21.2
+
+25.0
55, 747,030
44,,477,243
260 ,722,972
226,,031,804
+ 15.3
4.1
+
1,090,104
13,028,024
+ 25.3
+25.1
2,836,516
161,070,790
+11.3
883 ,331,955
813 981,019
199,330,576
+
6.4
1,041 040,704
+17.4
1,102, ,989,729
35 ,947,875
4.7
159,428,569,232
151,535,401,726
+ 11.8
6,105,543
30,532,775,527
R
1945
$
5.0
+
9,093,159
179,227,959
212,107,561
7,169,742
Newark
Northern N. J
1946
+ 15.4
44,386,055
3,172,685
Oranges
or
Dec. Ve
+ 13.9
55,508,472
N. J.'—Montclair—
Inc.
75,106,076
1
11,366,610
Conn.—Stamford,
■
-
2,004,053
-
72,962,139
+ 13.7
146,531,,049,271
362,,161,413
:
S
16,324,705
2,297,139
-
8.5
+
36, 968,200
29,467,105,445
Rochester
Syracuse
1947
$
+ 27.3
5.6
+27.3
6,495,781
New York
1948
Dec. %
—
12,750,998
324,772,263.
Jamestown
Inc. or
%
+
13,460,703
Elmira
4»
,
-Week Ended June 5-
1947
$
ff
'
322,603,203
Buffalo—
1948
or
Dec. %
Reserve District—New York—
N.
:
'
29,169,930,487
+
13 ,834,755
15 ,674,213
+ 13.3
731,945
8.5
38,456,978
42,477,468
+ '5.9
46,304,082
45,588,539
7,006,743,598
8,075,228,733
+
32 ,167,497
682,669
7.2
+
9.5
672,587
35,144,614
1.6
47,205,826
—13.2
7,726,344,681
6,501,834,758
1,097,448
693,320
1,870,450
660,955
—
+
519,991
30,717,906
37,689,170
+ 11.3
5.2
+
adelphla—
Pa.—Altoona
4,751,232
-
Bethlehem__.
4,714,136
5,026,958
Harrisburg
;
.
S.4
22,291,069
19,237,519
+ 15.9
+ 21.5
24,331,720
21,923,899
+ 11.0
+
5.9
109,731,567
98,254,066
+ 11.7
+
9.1
70,552,151
18,929,030
65,539,582
+
7.6
+
3.8
20,648,097
4,010,976
Lebanon
4.070,676
Norristown
13,613,314
5,984,496
3,443,000,000
12,149,040
Bcranton—
9,806,925
1,315,240
5,673,481
17,793,000,000
4,664,045
*
49,851,924
88,733,339
6,335,446
6,640,454
28,412,853
-
—
■"
4.3
936,457
956,196
'
———
2,213,076
2*803*783
—21.1
2,791,423
2.182~092
"+ *0*5
748,000,000
696,000,000
8.9
792,000,000
788,000,000
8.0
•2,559,746
2,493,245
+
2.7
2,603,756
1,793,761
4,851,750
4,143,961
+
17.1
3,988,802
1,801,229
2.511,752
2,585,983
1,344,038c
23,611,642
+ 21.6
6.0
—
+
85,345,337
6.0
663,843
1,432,012
+ 14.6
47,729,788
9.4
+
'
—22.9
1,016,230
623,827
+ 15.1
95,259,984
3.3
—
—
63,792,355
109,119,611
783,620
1,371,128
s
+
59,083,930
1.9
8.0
+
17,105,125
Hazleton
Del.—Wilmington...
25,182,233
19,375,000,000
—
10,136,243
1,236,485
Du Bois__
—
18,237,783
28,985,632
8.9
+
21,050,311
18,714,301
York
.
+ 13.6
12,380.489
!
22.750,635
.
Wilkes-Barre
24,217,737
1.5
—
5,270,121
3,749,000,000
Philadelphia
Reading
1.2
0.8
+
4,137,991
21,869,649
14,850,195
Lancaster
24,522,743
+
4,417,760
4,832,055
Chester
,,
+
44
1,635,845
2,563,135
+
4.0
3,776,741
3,827,603
—
4.6
—36.2
1.3
—
-
1.583,002
"
Tr'.^
n-r
■
+ 20.3
T,
!
,
-
,
•
34,041,033
29,175,963
+ 16.7
185,104,289
154,065,563
+ 20.1
7,091,419
31,480,243
27,062,615
+ 16.3
157,882,477
136,121,912
+I6.0
6,454,557
7,206,208
8,139,499
3,946,177,704
3,622,708,12G
8.9
20,363,271,200
18,673,762,435
+
9.1
823,361,709
822,289,519
+
N. J.—Trenton
'
Total (16 cities).
1
1947
S
Second Federal
-Jan. 1 to May 31-
——:
—
V
+
1.6
6,719,742
—20.7
4,457,730
0.1
776,853,020
—
+
5,577,327
7,125,50c*
720,927,941
Fourth Federal
Ohio—Canton
29,818,128
Cincinnati
28,196,112
147,567,200
Hamilton
.
-•
■
>
1,184,423,104
266,236,111
260,626,020
+
2.2
231,016,958
113,923,227
208,806,746
28,702,100
27,223,500
+
5.4
21,165,300
+24.1
666,974,200
537,630,800
32.290,487
31,642,214
+
2.0
0.9
19,250,924
18.166,604
+
+ 15.3
+ 19.2
98,125,161
85,084,690
1.0
126.878.898
122,378,527
+
2.6
91,591,564
81,841,996
+
-
4,181,424
+
20.2
343.212,626
292,467,794
7.0
12,384,580
11,089,056
7,303.085
+ 23.2
2.2
6,193.320.165
104,098,467
5.9
101,181,534
91,697,753
+
19,169,956
20,555,612
—
16,288,905
13,220,599
+ 23.2
97,844,273
96,111,865 :•«
+
17,826,617
16,173,568
+10.2
87,716,474
76,842,354
3,561,942,938
3,419,177,060
4.2
18,495,811,120
16,434,124,467
"+12.5
Federal
Reserve
—
12,045,049
—
a
-
-
+
♦.*
•
10,848,947
0
478,461,857
.
L
14,721,908
+
50,529,592
208,4y4,000
+ 13.7
2,457,350,199
4.1
2,341',183,999
+
66,482,950
+
?
:
+
8.2
643,928,403
606,852,015
■
2,909,930
2,770,258
9,179.000
5.0
5.6
98,072,767
—
—
2,512,860
7,901,000
7,416,000
0.3
+
9.720,000
97,762,487
5.0
94,010.668
77.678.304
1,626,869'
'
13,102,269
+ 12.4
24,405,330
+ 20.3
145,800,366
126,425,218
+ 15.3
7.8
4,458,747,092
4,044,835,120
+ 10.2
+ 14.8
:
'4,489,723
+
3,710,353
270,678,222
1,748,^91,880
Reserve
659,790,203
,
+ 15.5
U'JO
58,370,507
5.4
+
li 282,060,251
1,644,092,416
(8 cities)
Federal
254,718,16S
1.3
816,790.923
_
C/j—-Washington
Sixth
,
29,359,950
r
Frederick
Total
•v.-
880,439,142
Columbia
D.
<•/:
+11.0
44. '8 /.I>»I0
459,769,372
'
Richmond
Md.—Baltimore
246,155,693
Distriet—Richmond—
Va.—Huntington
Va.—Norfolk
B. C.—Charleston
+ 22.8
713,622,935
+ 14.2
Fifth
208,639,550
.
•
+ 17.0
W. Va.—Wheeling
W.
3,677,993-
+ 10.4
1,158,862,373
Ky.—Lexington——
(17 cities)
2,970,002.
4,696,823
256,248,807
+ 12.2
+ 14.1
5,522 207,773
88,949,963
3,312,268
+ 10.2
tm
+ 11.7
8,996,952
+ 21.0
5,034,544
'
"
+ 17.4
+
:
3,455,695
5,547,956
3.7
+12.0
17,367,800-
1
+ 11.9
1,637,527
19,345,119
Total
5.7
—
—
6.0
—
26,455,746
21,877,349
Oil City
4,888,079-
132,034,422
+ 13.1
2,560,973
1,834,679
Erie
5,546,939
1.2
5,879,294,924
8.2
56,793,606
2,739,862
Greensburg—
Pittsburgh
6,544,224
148,266,670
+
17,513,650
68,275,057
Pa.—Beaver County.
6,168,747
146,537,790
"
17,964,875
Toledo
9.3
+ 10.7
+ 35.9
17,331,808
-
131,218,300
3,360,196,769
6,647,964,304
•
—
7,807,519
26,183,512
1.8
+
4,129,915
20,655,123
—
Youngstown.
Newark—
143,422,252
3,720,558,259
5.8
5.1
;
108,592,400
7,170,506
4,165,364
Lorain
Mansfield
+
+
;
•
663,883,504
1,256.292,192
Columbus
1
V"i
>'•
697,471,600
1,278,335,938
Cleveland
72,267,195
Vr-
+
'-';;+ 6.4
18,770,667
1,345,958,510
8,915,692,317
A
'
4.2
21,549,928
1,464,503,030
+ 21.0
.(j
,
,
8.7
+
8.8
8,202,680,056
+
8.7
334,006,668
-■•+'"'+
3,512,503
t. ;
.
3,169,210
+ 10.8
142,175,314
161,184,809
—11.8
63,292,902
65,237,750
318,832,136
340,154,800
—
2,585,176
170,190,209
3.0
65,382,059
54,306,373
6.3
—
■
2,715,436
182,619,439
,
355,2U1,462
313,802,931
Distriet—Atlanta—
'
"
Tenn.—Knoxville——_—
76,842,877
—
Nashville
Ga.—Atlanta—
Augusta
'•'892,300,000
18,129,632
—
—
Fla.—Jacksonville
17,240,662
+
+
+ 24.6
322,868.307
24,220,612
Mobile
!}S-
^
:
Miss.—Hattiesburg
\ ;
15,085,000
Jackson
+
r
-
Meridian
.
36,428,779
6,259,171
5.1
7.6
130,151,555
1,903.467,601
1,763,274,652
5.0
156,758,833
132,967,725
+
7.2
73,644,688
67,677,544
4.1
76,731,000
173,712,373
:
'
..15,730.000
29,553,597
+ 23.3
:v
79,567,000
69^685,406
72,485,028
6,389,080
6,317,772
+ 22.6
+
8.0
362,331
—18.8
G6,252,260
45,024,256
3.9
'•+4,140,395
55,151,816
1.1
5,294,714
4,653,430
8.7
+
+ 17.9
..
;
2,378,794
2.054,075
+
—
—
+
8.8,
3.6
+ 12.2
154,859,293
5.8
9,443,184
310,593
292,128
+
9.7
2,495,438,845
2,377,648,944
+
5.0
94,989,091
439,302
106,045,299
—17.5
459,550,074
—10.4
113,038,419
80,331,274
2,509,288,083
+
9.4
13,702,270,741
12,635,315,549
+
8.4
503,450,128
537,063,954
6.3
488,870,142
382,634,978
7.8
+13.8
+ 10.8
1,393,273
1,388,870
1,182,686
731,756
Federal Reserve District—Chicago—
,
6,573,504
—
—
1.0
15,782,423
>
„_
Jackson
—_—
44,497,763
'
:
,
^
8.6
1,530,915,929
17,694,847
.
6,371,064
•
.l..—
+■
I
40,018,119
6,131,840
.
23,886,588
+ 12.1
:
,
+
Gary
Indianapolis
Bend
Haute
10,675,649
10,700,258
—
0.2
6,164,663
+15.1
33,740,055
202,455,051
23,706,930
+
41,308,545
30,032,822
120.342.697
9.2
131,149,872
+17.2
1,094,977,477
22,470,441
+33.7
53,288.126
+16.1
.15,102,434
+
9.8
215,522,414
+
Oshkosh
16,585,661
233,626,494
4,192,010
Sheboygan
T
« •
'
:
;
Milwaukee
.
-
1,489,653
1,248.565,461
22,741,689
6,934,328
1,353,378
7,036,957
ViV
Watertown
92,481,216
8.4
+12.3
+
1.5
'
■
.
37,337,991
+10.1"
,
7,087,109
3,466,954
3,146,130
15,592,937
14,305,499
+
9.0
80,431.062
114,420,607
113,499.883
+
0.8
613,827,653
—
7.9
Manitowoc
Iowa—Cedar Rapids
.
Moines-
: 53.098,525
sioux City
57,651,614
.+ ■■:„
2,085,008
Ames.-
Aurora
5,610,884
5,218,729
3,182,932,789
„
Blooming ton
%+
Chicago.
.
Decatur,
13,924,326
+
Peoria-
45,983,521-
*
Eockford
2
1
•
Springfield
Sterling
Total (31 Cities)-
t
1,826,046
5,170,729
+•
,
v
5,762,963,659
4,539,109
3,149,996,760
,
11,988.011
+•"•
-
'
18,077.955
.
+14.2
9,867,859
8.5
27,988,085
+15.0
25,609,129
+
1.0
15,909,994.937
+16.1
43,622,556
+
5.4
232,862,821
+18.0
103,094,642
+
9.6
73,303,173
+
9.4
8,839,771
5,667,279,382
;
'
+ 1f*.
+13.8
+ V:<
+25.6
+11.1
60,475,614
'209,705,473
90,844,359
66,651,975
7,417,799
/
9^77,145
7,350,240
574*06* 620
5,3*50",273
4,146,878
4
74*8*9* 974.-
57599,087
574*10,078
4,495,115
3,221,814
457778,000
4478*2*7*,000
37,149,000
30,245,000
5,849,251
5,389,045
4,671,637
2,553,799
12,713,635
13,186,808
11,168,128
10,388,920
46782*7,309
3877*14,749
46^79*246
33,211,817
2,780,405
+ 21.0
+10.3
+16.4
+ 5.8
+ 6.3
+ 2.6
+13.2
+14.4
+13,9
+ 8.4
7.9
+11.0
+13.5
+10.0
+
"
97471,008
479~35~,616
23,821,917
34,590,189
21,286,732
2,322,058
15.959,342
13,062,054
3,200,339
14,680,554
3,127,254
11,074,126
8,373,963
1,207,715
1.418,888
922,922
692,819
652,560,994
667,444,880
585,270,048
481,069,398
2.560,639
3,197,785
1,948,644
10,437,463
4,677,770
9,841,806
8,017,471
1,727,609
7,579,882
4,416,758
3,342,096
3,230,189
3,457,202
3,711,672
2,663,554
2,734,033
1.0
753,788,928
614,939,504
4.4
200,700,000
192,800,000
'
:+19.2
26,649,706,378
+10.4
847,553,271
855.873.754i
5,844.687.239
5,071,189.932
+15.3
242,800,000
254,000,000
53,215.814
46.418,360
—
+ 14.3
6,583,753
+ 13.9
1.7
+ 13.3
6.7
'
29,416,361,073
+
47.857,497
28,711,272
105,796,290
192,812,716
989,987,551
81,258,398
1,111.596.705
-18,101,534
33,619,833
6,424,736
15,530,798
•
76,038,361
577.445,599
279,580,893
8,715,855
'•
24,464.915
22,650,246
14,679,658,326
65,246,617
+
13,822.589
1,595,150
.
;
286,798,174
17,934,885
+
21,161,332
15,143,601
1,745,637
+10.2
—0.3
^+0.8
+12.3
+17.5
+24.0
:
+19.6
+10.6,
+25.8
106,733,269
267.nT.6Rfi
<*.*Vf>.473
308.446.842
'
3,732.020
-
*
230,532,890
9.5
+
61,844,605
/.
.
Wis—Madison—
30,139,613
119,338,292
53,734,420
7,095,283
'
+14.5
190.900,783
"
30,038,554
;
8.2
■
Ind—Ft. Wayne
•
218.635,238
3.9:
—
V
——_—-
6.9
+
7,100,151,103
74,795,253
82,892,212
+11.2
J
29,265,634-'
31,550,013
26,020,018
L—
—;
City
7,702,790-
8,081,689,986
"
25,882,802
.
? 48,431,931
>'221,630,758
-
+
27,035,554
28,898,922
;
..
6,005,708
1,515,598,214
__
Grand Rapids
i
71,574,961
+
■
3,398,407
2,848,202
1
+ 26.3
Flint
-
6.6
,2,744,877,591
(16 cities)
Detroit
HI
:
\
504,126,216
Mich.—Ann Arbor
Des
1,664,938,320
1,857,273,979
3,507,746
3,367/022
58,107,273
+
'
Terre
+ 11.6
119,726,149
8.6
—
;
+
+ 15.9
12,305,582
39.191,618
.140,600,000
11.0
83,130,632
+
13,983,214
3,289,742
2,904,679
12,445,218
168,500.000
?
1,726,995
La.—New Orleans——
South
2.1
+
+ 15.5
0.4
49,641.934
0.4
+
4,956,162
"
•
Muskegon
+
78,788,580
63,590,437
+
.
1,826,875
•
_
Vicksburg
Lansing
201,700,000
+
,
28,979,218
•
14,993,537
202,600,000
( +
»
347,921,136
-
58,201,644
8.3
84,864,533
,
—57.6
'"14,105,527
58,454,965
+
+
22,509,851
•
30,422,077
;
.
;
5,987,214
+ 11.0
73,468,207
1.6
12,940,985
•'■'■-•
87,458,614
5.2
18,041,358
377,707,862
Montgoraery
Bay
s
X.>r 339.379,630
Tampa
Ala.—Birmingham
•
i
•
9.3
1,266,201,261
4,780,200,000
4,414,200,000
1,405,631,237
9.0
+
16,127,002
—
365,127,170
+ 14.2
18,334,772
r
Columbus-
Seventh
+17.7
255,699,244
973,000,000
i.
Macon
Total
65,287,280 ^
,
291,993,549
Eighth Federal Reserve Distriet—St. Louii
Mo.—St. Louis-
1,100,192,371
Ky.—Louisville
—
9,672,342
+
1,569,120
Tenn.—Memphis
971,177,139
10,317,716
Cape Girardeau
Independence
1,295.897
+ 21.1
476,458,333
419,683,574
+ 13.5
7,500,966
2.467,751,888
330,802,632
308,288.696
+
7.3
1,851.283,975
1,610,951
1,210,211
+ 33.1
8,237,784
111.—Jacksonville
9.7
89,509,592
.
+
8.3
63,721,013
+
34.7
+
—
-
Total
8,774,793
(7 cities)
7,647,732
+ 14.7
1,929,725,916
1,718,975,591
+ 12.3
41,540,998
.
10,274,218,664
39,100,481
....
"
1
Quincy
73,121,858
54,486,797
66,228,906
6,117,668
85,726.000
94,170,442
1,708.803.859
2,249.814.309
..
—
36,435,800
9,125,363,681
+ 14.0
1,988,883
1,969,175
+ 12.6
398,019,488
416,368,523
+
1.0
1,4537043
4.4
342,365,840
1,3*52,922
306,375,261
\
50
COMMERCIAL
THE
(2618)
$
Ninth
Reterre
Federal
Minneapolis
Rochester
Paul
Winona
Fergus FallsN. D.—Pargo
,*
Minot
Si D.—AberdeenSioux Pails
+ 13.3
20,776,396
1,751,870,850
1,544,117,092
+ 13.5
7.3
17,937,778
17,751,669
3,405,523
873,670-
—
4,847,672
17,259,000
6.5
09,936,145
64,730,341
+
113,404,946
+
12,494,549
+17.5
58,208,239
+ 21.3
+
29.7
+
11,703,073
;
19.7
-
,
70,596,717
+14.0
10,169,118
1.7
174,867,051
+ 39.2
6,423,935
1,380,849,379
+ 10.5
7,981,450,215
—
+ 23.1
1,742,957
•*
-
-
■*.<
-■ ■».
-to
A:,,
»
r
Vr;
.f']
465,415,857
472,327,127
2,500,228,510
2,422,794
11,975,888
11,166,207
1,253,735
7,910,174
6,141,739
Parsons.
•
•
29,511,187
14,351,216
134.846,094
118,388,731
5,310*454
54,061,874
39,733,321
264,119.740
210,277,499
6,129,765
5,675,270
29,425,237
1,328,757,286
44,637,021
1,384,838
1,191,348,091
6,822,327,010
5,990,423,083
279^123,215
41,820,864
1,162,970
239,014,201
212,249,874
8,777,068
8,784,931
7,349,653
,
'
A
36,117,483
9,501,504
6,439,300
42,210,516
32,753,480
2,296,451,013
10.3
13,029,151,487
11,520,954,941
v
+
;
416,436,090
434,348,443
2.6
147,360,926
60.8
88,079,425
61,127,788
4,041.480,567
465.121,144
308,975,450
1,199,062
1,224,573
6.2
1,422,863
...y:
4.4
—
j
1,017,806
363,080,154
304,266,648
;
517,271,382':
457,680,519
+ 13.0
20,784,000
+
23.3
99,131,000
+ 22.5
710,373,330
+
19.6
4,295,138,775
3,367,686,188
6,726,517
16,196,369
5,758,219
+ 16.8
30,402,802
26,009,054
175,511,000
21,401,807
26,320,480
5,449,000
-*13.3
+ 16.9
—
Texarkana
-
1,813,399,889
51,991,692
19,381,608
+
195,483,676
168,101,643
+19-6
:
10,982,054,292
8,796,813,348
4,722,000
;
bi
+ 24.9
37332,323
:
76,271,152
6.6
:
119,069,000
"
to
"
2,904,000
2~3b8^428
t'Cy/V. •
'v'y
p
>• •
pi-f'\ V.vVi.-r. • >;.'•'
,i...
4.0
—
225,621,781
216,550,631
*>150,497,109
194,366,103
,yv
yi'■
v'to toV.'-to v/bv ' .y.V.1;.
; '•:
5,274,619
5,056,033
465,195,983
Seattle
4.1
—
27,817,086
2,444,885,113
2,085.589,962
413,190,886
+ 12.6
14,497,300
>>.-■■:
;
14,761,194
—1.8
72,827.283
15,560,397
27.7
104,904,928
+
^
•
26,051,222
19,875,374
Yakima
Ida.—Boise
5,896,143
y
Reserve District—San Francisco—
Wash.—Bellingham
rS~30,602
;V.
7,094,493
+ 11.2
-
;
r
i'
y 4,091,000
"+""1.2 :;yy
7,803,422
16,973,350
>
21,310,376
-
,
'
r,
,
—18.7
3,291,524
5,673,516 '^:f.
+ 16.3
22.8
+
-
r
+ 46.7
20,652,264
28.4
+
3,757,650
32,736,675
2,169,469,612
121,403,000
+11.2
13,187,179
4,176,674
42,028,447
-
cities)
3,724.014
•-.;•
.
154,781,000
+ 27.5
Port Arthur-
La.—Shreveport.
4,720,806
"+
2.6
'
•-
.
-
3,0
+
7,246,355
+ 26.1
+15.4
25,739,000
Twelfth Federal
9.4
170,957,000
5,024,866,746
+ 24.2
Galveston"
-
7,463,985 ;
+ 24.3
+19.3
71,124,103
•
(11
....
...1
+ 44.1
96,872,008
*
111,794,066
Houston—
'?
9.0
+
135,247,839
'+
818,433,615
88,348,017
Worth.
Falls.
+
10,914,999
976,741,454
Paso
Total
6,384,575
-
■
+
1,559,470
207,374,850
6,977,882
ybtoy
"+
:yy
1,660,661
7,403,129
-
245,063,040
2.9
.7, to
1,656,178
849,936,538
Dallas.
Wichita
"—
i +13-3
7,746,599
1,817,549
+ 13.1
2,767,795
4,616,648
8,349,145
287,534,315
A.;
•
29,457,111
30,230,168
17,552,362
i:,;."
Ft.
16.4
+ 12.2
District—DaBas—
Federal
Texas—Austin—.
E1
+
1,928,634,431
2,543,445,406
(15 cities).
41,693,880
2,127,584,661
T.373,131
72,721,307
89,702,942.
;
4,560,989
•
442,507,884
642,899,374
97,127,288
384,459,045
4,251,851
9,957,227
-
...
130,256,933
8,629,087
428,171,450
311,911
4,999,762
—11.4
30,397,471
Mo.—Joplin.
444.620
3.2
'•
T
11,175,889
'
234,362
278,679
5.3
'
Topeka.
Total
-to
+
114,954,633
V
101,794,843
Wichita-
'
213,C76>979
,
"to
—i
580,868
5,420,934
5,594,948'..,
2,347.393,499
2,524,059
1,636,716
'
"550,000
•
138,61 L278
29,213,909
Kans.—Manhattan.
-
r +
•••
+ 70.6
372,747
..635,946
+ 27.9
8,542,629
'
145,204,738
30,681,678
Lincoln.
Okla.—Tulsa
282,548,833
1.8
+
318,069,823
323,905,342
1
Colo.—Colorado Springs
1,579,748
5,813,076
5,288,533
6,934,274,398'■ I to + 15.1» to-'
10,926,533
•'
"
City.
j
City
2,146,149
Joseph—
Carthage.
2,416,264
"4.8
166,850,336
i
6,199,561
+ 10.1
2,745,583
3,021,985
"
49,471,542
56,488,264
,
1,099,855
Neb.—Fremont—,
St.
1,470,379
1.5
14,682,870
"
2,721,479
8.0
115,134,605
+
33,504,810
District—Kansas
*
3,225,591
6,451,314
>';•' -j'--
Omaha.
46,539,523
6.5
—34.2
1,525,757,044
Federal
67,998,332
> +17.9
18,140,012
21,380,301
+ 27.4
3,594,711
12,735,418
21,250,095
>. 2,174,257
1,531,447
(16 cities).
7,433,657
147,015,005
4,499,837
v
7,113,788
191,559,272
73,316,617
•+'>
■78*834,990
+ 10.8
■,*+
(.
-
Total
•
6,345,884
219,565,616
'to to
.
+ 13.4
316,214,479
18,387,000
+
32,924,097
Lewlstown.
,s;-- •
1.6
+
4,273,791
128,744,057
14.8
+
3,520,000
-
25.9
+ 11.1
21,922,409
4,042,000
4,580,951
13,567,242
13,979,733
14,010,025
11,589,092
-
Falls
•
+ 40.7
6.2
'•
"
219,413,882
+16.7
41,4
5,379,243,603
29,223,613
4,608,454,883
+
+
"
r
S
to
6,145,448
4.2
+
316.900,893
2,821,139
Huron
Mont.—Billings-
'
116,838,590
121,685,694
4.4
+
908,535,895
4,423,898
24,362,506
,
Grand Forks—
Great
25,035,654
26.128,898
1,029,162.470
6,255.884
336,544,544
3,157,231
1,099,785
-1945
1946
*
Dec. %
$
'
1948
Inc. or
1948
Dec. %
I
District—Minneapolis—
Minn.—Duluth—.
St.
Inc. or
1947
"
:
-Week Ended June 5-
-Jan. 1 to
-Month of May1948
Clearings at—
Monday, June 14, 1948
•.'to.'.
FINANCIAL CHRONICLE,:
&
+ -B.8
84,704,612
93,523,323
3,339,834
•to\ ■' 2,619,629
72,618,778
to';,:..68738+370
91,958,230
3,590,176
2,881,016
:
+ 34.8
-
> + 2.4
T —198
94,868,138r.ftoto+ 7.0
■to- 94,120,518"
;
76,814.850 -.T1'.,— 5.2
77,827,714
'
8,746,000
417,774,875
10,192,702
8,093,653
——
Portland
'
9,041,000
603,523,056
Ore;—Eugene
Utah—Ogden
Salt Lake City
Ariz.—Phoenix
;'
190,313,574
218,286,077
22,059,538
+ 5-1.0.-
3,085,418,582
55,196,390
2,043,613,442
44,889,510
+ 23.0
+14.7
1,110,599,789
930,651,591
44,690,667
38.540,966
15,107,789
to
20,384,699
15,029,754
•"
34,180,830
140,661,029
9,593,999
+ 13.9
+
1,659,225.650
41,023,836
40,497,097
17,807,074
+
34,750,665
32,965,491
3,312,093,470
2,843,770,001
>.
u>
/:';••■
5.4
176,965,666
160,8-17,752
1.0
50,998,613
+
>
5.4
+
%
"'"••
174,306,363
+16.5
17,099,048,974
•;
+
14,567,031,031
62,015,863,146
58,201,284,059
+
6.6
321,301,570,071
30,015,420,225
r + 8.4
167,449,470,230
:
295,991,804,387
32,548,757,701
149,460,755,116
6,811,310 4
5,587467
\
•;
—31.4
7,363,781
to
—19.5
3,136.070
1.957.842
6,493,111
6,036,282
5,729,995
6,395,032
—10.4
681,037,277
—16.5
12,607,880,816
'■
13,881,906,255
5,824,587,695
8.6
+ 12.0
5.881 911
11,493,802
568,541,844
+17.4
+
2,961.927
{
9.7
267,753,000
292,772,635-
—28.1
•3.681,008
-
7,880,054
>■'■■■■
5.3
+
+14.9
i158,937,137
■
V'
| 6,367*991 *'
409476,214 vto
29+364,103
9.5
77.093,246
V
88,552,517
to
5.7
+
211,836,834
223,049,924
,•
•
-:
7,794.311,979
8,533,715,058
re
t.3
11.1
r
6r00~8~496
+ 10.0
48 251,883
+
11,815,994
10,755,036
yto' 8,333,506
+16.9
75,504.972
'*
(184 cities)
>..-.+ 30436,206
9.7
193,146,849
79,576.201
+ 11.8
16,029,819
Outside New York
34*901,456
h 43,350,942•
+14.9
:•■
111,342,161
8.2
+
—
1,483,702,676
Jose
Santa Barbara
v*
225,786,522 >
0.5
+
9,694,624
(19 cities):
.••-.•V...;,S V.
•*•<"•*
44,728,896
17.5
;
122,419,746
,
;
122,165,595
■
+ 16.0
'•
31,576,345
Riverside
Stockton—
339.593,315
6.2
»t-
-289,075,161
■J
V
'
Pasadena
San Francisco
~^ioiH£333
+ 19.3
u
+ 12.5
23,512,196
23,213,940
Modesto—,
Grand Total
+ '8.2*
38,855,000
,
+ 25.9
;
57,826,136
65,066,957
Berkeley
Long Beaclr
Total
42,029,000
+ 44.5
•
Calif.—Bakersfield—
Ban
3.3
—
6,017,198,772
494.595,724
522,453,304
9.2
to'to 11.033,371,367
32
—
to-to
12,938,949,199
5,403,422,550
4,702,262,847
♦Estimated.
Inc. ( + )or
Condition Statement of Member Banks
The condition statement of weekly reporting member
the Federal Reserve System in
leading cities
1948
Assets—
banks of
shows
the
following
principal
changes
for
ended June 2: An increase of
$1,000,000,000
of Treasury certificates of indebtedness and
of
the
week
a
new
Loans
and
brokers
dealers
for
loans
for
purchasing
or
Loans to banks
Substantial increases in holdings of
Treasury certifi¬
cates of indebtedness and decreases in
holdings of United
States Government bonds occurred in1
most districts/
Holdings of Treasury bills increased $52,000,000 in the
™nlca.g0,Pistrict outside the City of Chicago and $41,000,;
000 at all
reporting member banks. Holdings of Treasury
2?le,?Jecreased $26,000,000 in the
Cleveland District and
$44,000,000 at all reporting member banks.
Demand
deposits
adjusted
and
decreased
$148,000,000
ber
in
Philadelphia Dis¬
Dis¬
$41,000,000 in the New York District outside
New York
banks
City; the net decrease
was
Treasury
279
—to-,
$211,000,000,
at all
Time
reporting
mem-*
2
249
■
—.
10
+
16
+
10
+
851
1,986
-
+
+
4,879
-
.
3
2.335
-
+
1,000
•
V,
Z'/c
8.
Other
bonds
-103
--
372
—
securities
with
Reserve
4,197
;
Federal
Cash in vault
Balances
—1,016
26,018
Reserve
„1
,
—
with
Banks
domestic
banks
2
—
12,636
:.764
to-
2,269
;
»
1,038
146
+
+
41
+
28
137
+
44
;v.'.
v
U. S. Government depositsInterbank demand deposits:
—
+
1,329
:
—
8,572
"
+
•
sterling income debentures—
Connecticut Power Co.—
'
•
211
68
21
+
:
19
+
443
+
898
.
•1st and general mortgage 3(4s,
Continental-Diamond Fibre Co.—
•'4%
Domestic
Foreign
banks
—
„
I
banks
Borrowings
Debits
to
interbank
during
-
demand
and
1,310
134
—
—
—-•
401
1
91
—
to
I
338
U.
S.
Govt,,
123
(Revised figure previous week 20,561)
26
figures
revised
(San Francisco District).
porting member banks
was
at
all
re¬
$401,000,000.
Borrowings decreased $50,000,000 in New York City,
$22,000,000 in the City of Chicago and $91,000,000 at all
reporting member banks.
A summary of the
assets and liabilities of reporting
member banks follows:
Redemption Bails and Sinking Fund
Power
6(4%
&
preferred
Vulcanized
National
a
and
including
those called
common
list of corporate bonds, notes,
stocks
,
,
1
• ,•
July.,1;
.
•
2465
,
.
July
due 1965:
Scott Corp.—
"'
stock,
series A——
Fibre Co.. 4(4%
debs.,
•
2466
1
^ - ■*.
••
.
July
2360
1
1
1
-Jun
1969—July
'
2468
-
Sep
1
1960_July
due
8
2471
2364
1st
RR.,
Co.,
mtge. 4'/2s, due
collateral trust
Air Line
1
1
1
1
4% bonds, due 1961—*_^_July 1
1st mtge. bonds., due
Northern RR.,
Illinois
1st mtge. 4s,
RR,,
•
1
2473
18
2299
1975———July 16
2473
T996—July
set. A, due
Carolina Electric & Gas Co.—
f
35/«s,. due 1973—————-—.———Jun
San Francisco Terminal—* ; ~7
mortgage
2364
Southern Pacific Co.,
mortgage
Standard
Stock
preferred
-
2472
Seaboard
South
;
1955--July
1955—July
&
Pittston
1st
Below will be found
*
2464
4(4% collat. trust bonds, due 1961—July
Co.. 20-year 5(4% income debentures, due 19M_July
London
Paducah
1st
Notices
.r.;
.
bonds, due 1961
S. A., capital stock
Light Co., 1st mtge. 3,(4s, due
Merritt-Chapman &
Pittston
increase
V
2464
^
..
-
mortgage 3(4 %
1st
Demand
total
2474
2359
I,
.
—Jun 30
^
Associates—
Philadelphia Co.,
deposits credited to domestic banks increased
due 1962.Sep
1960
due
debentures,
Gas & Fuel
District, and $68,000,000 at all reporting member banks.
in nearly all districts and the
2473
2246
;
Jun 30
Inversiones* Latinas,
New
♦May
2035
Page
:—
..
mortgage & collat. trust 3V2S,
Eastern New York Power Corp.—
Kansas
accounts,
19,169 '
•
2467
Date
4
series. B, due 1967™July
1st
38
deposit accounts, except
week
convertible
Eastern
_
__
*
-
pfd. stock—Jun 18
conv.
•'5%
Liabilities-
46,646
434 %
Bridgeport Brass Co., 5Va % preferred stock
Chicago &■ Western Indiana RR.—
1st and ref. mortgage 4(4% bonds, ser. D,
Chilean Nitrate & Iodine Sales Corp.—
109
+
partial redemption
Company and Issue—
•; vs.-..: •
Anderson-Prichard Oil Corp.,
4,564
—
.7
1951,-—---r-r--------Jun 30
due
bonds,
25-year
to.; vv;V 'tor
-
U.
Page
,
7%
Co.,
622
1,515
+
44
—
,
+
41
+
of tender yto toy Vf-tob to,
1
Date
-
18
25
—
deposits increased
$51,000,000 in New York City, $9,000,000 in the Dallas
162
+
3,604
^
—
notes
•
219
-
Treasury certificates of indebtedness
Treasury
y
493
-
.
bills
—
3,755
—
loans
Demand deposits adjusted
trict, and increased $66,000,000 in the San Francisco
trict
estate
185
20
14,827
New York City and
$52,000,000 in the
2,361
38
+
414
Fabrics
American
carrying:
Other loans
Other securities
Real
—
644
—
U. S. Government obligations—
all
to-
w
91
*
preferred stock
—Jun 7
Atlantic Coast Line Co. of Conn.— : to'-.
r ;to ''to/to
Class A 5%
certificates of indebtedness——
July 15
Hilton Hotels Corp.,
4% preference stock
———Jun 17
Philadelphia Transportation Co.— -to/to toto'to-toto*
Consol. mortgage 3%-6% bonds, series A, due 2039_Jun 15
609 South Grand Building Co.,
Inc.—
^
"+4^£:'
Leasehold
mortgage bonds—
.———Jun 16
West Penn Traction ■ Co., 1st mtge. 5s, due I960——-Jun 15
Western Union Telegraph Co.—
^
\
4 V2 'fa. funding and real estate mtge. bonds, due 1950-Jun 30
3,236
pur-
U. S. Government obligations
and agricultural loans de¬
creased in nearly all
districts, the principal decrease be¬
ing $27,000,000 in New York City; the total decrease at
$91,000,000.
+
notice
Company and Issue—
agricultural
and
Other securities
industrial,
was
—
113
/y chasing or carrying:
certificate issue.
reporting member banks
—
14,113
to
ytototo';toto;to? toytoyy
27
134
—
23,521
industrial,
1947
1948
'
in the "Chronicle." to
which the details were given
June 4,
(In millions of dollars)
62,936
loans
Other
Commercial,
y
Investments—total—,
Commercial,
decrease
$1,016,000,000 in holdings of United States Govern¬
bonds, largely reflecting the exchange of matur¬
yto-to
and
Loans—total
in holdings
ment
ing bonds for a
Loans
May 26,*
gives the location in
ing tenders, and the page number
Dec. (—+ Since
June 2,
called for redemption,
under sinking fund provisions.
The date indicates the redemption or
last date for mak-
Oil
scrip
muiative
Tide
1st
of
Co.
bonds,
preferred'
Public
mortgage
series A,
Kansas— '•*
for
certificates
Water Associated
Wisconsin
"*'v
3%%
1
due
'
•
-
-
fractional' shares of ; cu- 7
"v>
•.
*
stock——"—
——July
$3.75 pfd. stock——July
Corp.—
•
•" •
i
1
23Q0
1971—4^—-July
1
2474
Oil Co.,
Service
.
3(4s;:due
.
,
Volume 167
Number 4707
ENTIRE
ISSUE
THE
CALLED
•.
Appalachian. PowerGo/ 6% debentures,
fautte
Electric
&
Power
Co»,
A, due
ser.
1st mtge.
5s,
due
Scale .Co., bu-cent non-cum., 2nd pid,
St. John Power & Paper Co., Ltd.—
Laxe
*
1st
mortgage 5 4s, series A
Nathan Strauss-Duparquet,
ioikt
viae
(•Purchase
c*
cacwbiio.
due
>
•Announcement
this
m
issue.
Cincinnati Tobacco
Circle
2470
7%
7%
Anytime
—Jun
_____Jun
164.
2nd
Clinton
2472
166.
$2.25
6-18
(Pa.)
first
-:i>
;
we
current
,
preferred
$3.50*
Water
Works,
17tr preferred
6-
J
-
$6
•
1
The
4
*
rl
dividends
;
&
Pitch
&
week
Co.,'-$5 pfd.
Straus,
Aetna, Casualty & Surety Co.
Co.
1
6-21
7-24 !.V-
7-15
50C
7-10 "r-
'
^
(.quar.
-Aaiminuni.-Goods Mig
.J"
-
^
<JUZ- Bktra-'
•
7-
lt>c
6-30;
1
62¥2C
vi
Crystal ;Sugar Cov,t com.
prior; -preferred (quar.
American .Dairies Ihc,, common <
*
.
7-;'l-, i:
,•>'** American..Hard Rubber,.
_/_V/k7-%y preierred. (quar.)
common.x—_/,
i.American Investment.Cp. of Iidnois—
7
25c
.
.
.
Metal
ittnam/iAM1
iy
W»
d
XU1.,
i
7-
Art
:
;
&
Co.
Metal
(III.)
10c
V>y-:
;■ Athol
Manufacturing Co.__^^x__/____k'i_uk /'///
"■;/ Atlantic Realty Co., $6 preferred (s-a) _/_k
(Hartxord) (quar.)
Avery, (B. F:) & Sons Co.,. 6% pfd. (quar.)i/ i*
Allied Products/ Inc.,. 4% pfd, .(quar.) •
Axe-Houghion Fund, Inc
;
Axe-Houghton Fund "B", Inc
Baldwin
Company
(q'Uar.hCorp. ,(quar.)_
1
6-19
7-
1
of
New
York-Filth
Ave.
;:i
7-1
.
40c i
•
•••
6-30
<"
.
7-
7-
1
1
1:
$1.12(4*
-
Benrus Watch
'J. Bishop Oil
Co,
■
iquar.Jb
Bliss. (E.
W.)
Company
■
*-
2 (4 c
^
-
Blue
Diahmtid
^Cdrp,_______0i___'_i,_x-_j-u.r_c^.i.-:-
Borg. (George
Corp. (quar.)
25c
;
k
;
7-1:?
'
Bank
Shoe
(N.
Go:,
Lamson
6-28
6-18
1
' /' 7-
7
*
5
"
1"
6-18
7-
V
6-19
6-30
20C
7-
125c
6%;
&,
B.)
of
'
;
,
:>
•/
(quar.)
Co.
(increased)
Great Lakes Paper Co., Ltd.—,
7%
6-16
6-16
Lion
1
6-15
1
6-18
7-
1
i/Extra
*
2c
i ^lass B (irxcx*ea3ed
//•
quar.)
"
Marine
6-18
2 V
7-20
Martel
2
7-20
6%
8-
2
7-20
Mascot
6-
1
6-18
8-
15c;
$2
■;;
2'
7-! 1
10-
$2
25e^
7-16
'
1
25®
7-15
6-28
'
6-28
6,% .preferred (v",v-15c-^7-15^.
Burhham Corp/ 6% preferred
\itiSCr^T^: tif
'>-6'28
*:
7*-15
-
,
•
»4)
Acceptance,
6-23*
Merchants
Bank
7-
1/
124c
/. 7- 1
024c
;/
Mead
convertible
...
k Cbrtada; Soiitherri, Railway-'
Canada Varnish Co., Ltd., 5%
Canadian
i
^0
Meyer-Blanke
6-21
6-30'.
0-12
6-12
6-12
-
Class B
.
*.
Co.
Capital
Administration^
Carolina
$5
-
,
of
Baltimore
Power .&
prefeired
,■
pfd.
(quar.i____-•
-.
50c
I-.
7—
6-26
6—14
;.
'
Electric
&
Central Fibre
'
Common
Guantanamo
6-23
-
Hamilton
7-10
Hanover
6-16
Hartford- Fire
6-
1
Hawaiian
6-19
Hawaiian
1
Helena
A (quar.).—
Products Co;,
(quar.)
59 %Cpjy
-
7-
Crx/,;$2
j.'- 8% preferred ■ (quar.)-^X—37'/4c.
Central Maine
Power, cominon__^^_;_——«
30c
1
;
6-19
;
Hercules
Telephone Co*,- $2.50
Violeta Sugar—
Interim
(less
Cuban
4.
:' Extra
/■
Hettrick
Highland-Bell
15c
6-30
:
80c
6-30
"
62Vic :.***
6-30
Candy Co.-, 5%
Chef ford
5%
.Chicago,
i
Master
preferred
Chemical
Bank
Rock
Common
.
jt
conv.
<quar.);—
pfd.
A
Mfg. Co., Inc.—
Trust
Island
&
Co.
2-
6-18
7-
1
25c,
Pacific
Y.)
>;
7-
1
(quar.);
6-21
■.
7-
6-16
7-. 1
6-15
75c
7-15
RR.—
(initial).
-
preferred (quar.$1.25
5%
preferred (quar.)____—x__^_..^__k_—-
$1.25
-
class
&
A
Co.,.
'
;
-
6-18
9-30
9-10
12-31
12-10
Co.
6-
6-15
25c
7-20
6-15
Plan
6-15
1
6-18'
8-31
$12.50
8-16
6-22
6-22
6-17
6-18
7-
1
7-
1
25c
6-30
20c
7-
$1.75
1
7-
20c
6-11
1
7- 1
6*11
7-
1
6-11
6-25
v
75c'
6-15
50c
7-
1
6-15
14c
7-
1
6-15
7-20
6-38
75c
7- 1
6-10
75c
7-
1
6*21
35c
7-
1
6-18
$1.0614
7-
1
6-18
(Increased)i_
(quar,)__
common
York
7- 1
5c
('quar;)_____
20c
(quar;)____—
6-15
7-
1
6-15
7- 1
15c
'
——:■/_.—
A
6-15
50c
6-30
6-29
25c
(quar.)x___—J
6-30
10c
" / "
6-25
6-10
25c
;
(Kansas)_•
6-25-.
6-10'5-28*
-.6-12
■
6-
7- 1
6-30
6-30
common (quar,)_/_/___
37V2c
(quar.$1.22*4
6-4
-■
/
7- 1
7-
4
6-15
6- 4-
6-30
6-25
*6-18
6-15
6-18*
America-klZZ/Z-xxlkZ
1
6-18
20c
6-15
6-10
10c
(quar,)_/______k*.x/_Z_x-
6-15
6-10
7-
6-18
1214cv '
*
1
'
.
,
$1.75
" 7-15
7- 1
87'4c
(quar.)
7- 1
6-15
6-15
7-
6-24
'(quar.-
25c
$1.75
Investors
•
6-4
$1.10
$3.50 pfd.
•
6-10-
Cement*____k___—50c
Co.,
6-28
6-12
,
30c
/
10c
(quar.)——25c
(quar.)
$1.75
of
•
...
f$l
•'/ /■
Chemical
v
7-
25c
,
Consolidated, Inc.—
(quar.)_.———
Mount Diablo Oil, Mining, & Development
6-21
6-8
Cafeterias
preferred
Co.
(quar.)
/*
—-
Extra
lc
1
9- 3
■, -
8-14
6-19
125C
7- 9/
6-15
25C
7-It
6-21
Ltd.,
'
(irreg.)
30C
(irreg.)
Hawaii
■
Motors
Inc.,
<
-■/ 60c
6-17
6-12
7-
6-12
1
—
(quar.)
•'
1
Co.
/
-
6-15 v
6-10
25C
6-30-
6-21
7-
1
6-21
30c
.
-
8-
2'
7-20
$2
7-
1
6-18
25c
7-10
6-25
t$l
Ltd.
9-13;.
8-13
40c
Investors
6-10
7- 5
7-1
,
50C
—______
v
-
J.)
6-25»
13C
50C
,
w
6-12
7-
6-15
i
$1.183A
r
6-30
1
'■
125c
National
National*
Enameling
National-
r„
Department
Erie
k
2
6-22
(s-a
2nd
5non-cum.
5%
Gas
National
Glass
6%
1st
1st
non-cum.
National
6-30
37J4c
7-15
50c
6-21
6-11
25c
7-15
$1
6-30
<7-7
6-21
(quar.)—'
Stamping
Investors
National
6-30
Corp.
Ltd.,
(irreg.)
Paper
Co.
6-17
New
England
6-30*
New
London
Power;
Northern
1
6-30
6-16
12-15
12- 5
6-28
6-18
0-10
6-10
7- 6
0-15
10- 1
7-21
9-3
7- 1
6-30
6-20
17c
25c
—__—25c
6-30
6-15
6-17
25c
7-
25c
_____
(quar.>__—,
6-30
6-17
25c
6-30
6-17
$1.12'4
7- 1
6-15
$1.50
7- 1
6-18
$1.75
7- 1
6-15
1
Association—
(quar.)
preferred
RR.
6-
6-16
12-5
15c
—
—
6%
6-30,
tl5c
;
_______
(quar.)
Gas & Electric
convertible preferred
7-15
25c
B__
-
6-30
$2.50 '
12'4c
:
—
class
Corp.
England
4(4%
—
preferred——________
Bearing Co.
National
Terminals Corp
Nehl Corporation
(quar.)!
New
6-16
12-15
Motor
Nekoosa-Edwards
9-
$1.50
Mills,
National'
'
prefer,red_—$1.50
preferred
$2.50
Co., common
(quar.)
Hosiery
*,
50c
preferred__^
•
Electric
&
preferred
National
7-30'
$1.25
6-17
7-15
common
2nd
non-cum.
20c*
(Interim)
Go. of North America
Corp.,
non-cum.
3%
25c
6-29
8-14
4c
Stores
&
3%
'/
Special
8-
3
6-30
lo
Paint
Co., Ltd. r(quar.)_^M«»_w«*.
Mutual System, Inc., common...
6%
preferred
(quar.)
Nachman
Corporation
6-19
6-30'
(quar.)
(N.
6-30f
<
Murphy
6-19
$1,374
Ltd
of
6-30/
.■
$1-
.
1
t20c
___—____________
15c
(quar.)
Investors,
Insurance
6-9
7-20
.
Service,
7%
.
(quar.)_
Commercial Telephone Co.—
$4.75
preferred
(quar.)
Imperial Tobacco Co. of Canada—
4% preferred (quar.
Inland
6-15
_/—
preferred
Morrison
2
7-
6-18
50c
,
common
Portland
Gas
Morris
■r
3
6-
■//:/;■ 25c
Bearing,.
Hardart
Incorporated
1
7-
2
3714c
Monongahela Valley Water Co,—/
:
7%
preferred (quar.)kk__
—■
6-22
6-12
6-30
7-
(quar.)
Molybdenum Corp.
6-17
0-10'
Co.
5-29
7-15
(s-a)__
A
:
6-12
$1.25
class
class
preferred
Oil
Monroe
6-12
6-12'
6,,
50c
•
Extra
6-15
1.
20C
;
Ltd.
Co.,
Inc.
Electric
1
2
50c
common
Products,
Co.,
Ihc.
7-
77-
'
6-l5
5-29
5-29
:
—
Co.
.
6-18
75c
■'
(quar.)_____/^_'_-x_—'/
New
Mohawk; Petroleum
6-18
50c-
Illinois
:
1
45c
$1
30C
Corp._^
H.)
&
6-29'
■
1124c-
(quar.)
(quar.)
Hudson Bay Mining & Smelting,
Ideal Cement Co.
(quar.)
6-18
v/.-"/.-.1/;-)/-*.
5%
7- 1
&
Howell
6-18
-
;
Ball
Horder'e,
6-21
1
5c
•
.
'
7-
7-1
______
E.)
Insurance
Drugs,
Hoover
7-
3114c
(N.
Home
Hook
Horn
(quar.)_;
(quar.)_—
&
6-19
7-
56V*c
(D.
100%
50C
6-14
10c
:
preferred
6-15
6-19
50c
(quar.)—_
7-15
If;
Co,___.;.;.,...—^
Ltd.
Manufacturing Co.
Holmes
V
2.9c)_Z
com.
k
4f/a%, convertible
Chase
of
tax
Ch'adbourne Hosiery Millsj
pfd: (quar.)__
■•„./;>...
Co.,
Paper
6-10
;
2
7-
(quar.V-,
Motors
6-10
■
Central
Central
51/2%
<■ 6-10
7-
8-
(quar.)__
(quar.)
preferred
(quar.)
1
6-30
Insurance
Y.)
preferred
/kV-' 1
87'/2c
50c
35c; ■j
_
(N.
(Walter
$1.50
(quar.)________^_____^—
6-11
/
k/V'-
of
Co.,
prior
Mobile
6-18
If
(irreg.)
Ltd.______=x__-_______
Agricultural
6-19
7-1
Co.
Co.,
Insurance
Electric
Hendershot
'■
6%preferred (quar.)^_<^^__xkxx^/__' _k."
Central Paper CO. (quar.)x_*^_i™^x_kx__/ V
Extra —k/x_k
Bridge
Fire
6-19
7-; 1'
'
: preferred
Heller
6-30.^/6-14
50c
•
_______—_
2
"
Rubinstein,
4%
i—1_—"
7-
■
Sugar
6-18
7-
■'•k lExtra
3.50%
iv,**- Stock dividend
:
Gas Co.-
$4.75, preferred
7%
6-15
7-
.
1
Castle &> Cooke,. Ltd
__/
—..:. * f 406
*' '6-10;k Centlivre Brewing Corp._//4/.k_//^//t3i;^/^"v?'.-" 10c
7- 1
Central
t<
;/■. $1.50
_
,
-
<>:
1$3.75
Water
8- 2/ :
7--,
$1.25
;—_*—.
i
..
7-
Co.
Brothers
Mission
2
$2
87140
Corp
Falls
4:90%
System, 6% pfd. (quar.)
.Griess-Pfleger Tanning
(quar.)
;*r Gru^n
Watch Co. (quar.)_^
Grumman.. Aircraft Engineering Corp.—
'
75c
Light, common...—
(quar.)
75c
(s-aS20*
$3
1124c'
Quarterly
Greenwich
; 6-30
Indemnity;..Co,. (S-a?•.; 7- 2 ;
6*18
[ ;/•'" Cannon iMil,S Co., •*commoxrixk__,/kkx/7.ixk./kv;/ ■; 75c •/» ., 7- 1".•;6-14
Canton
(quar.)
6-17'
FihbanksrMprse-£k)^vLtd:r^/ik<'k!;iki\^>:'):ik -i?'* p.\r;i4V
Canadian
;
Michaels
Millers
6-2340vk<?reat West Life Assurance Co. (Winnipeg)-
7-14
__x__—x——-10c
Missouri
7- 1/-'
V-M
pfd. 5 (quar.)/
130c
Oil
Extra
'
6-15
8-
.",-$T' •»
Messer
6>10
■
6-15
6-30
6-25
(s-a)
/"/' Extra
6-10
7-1:
0-30'
'
&:
Publishing Co.
0*30
'<
pfd.
___Z_x//_x./Z.
'
Meredith
6-16
6-30
(Del;-):—
__________________
Extra
'
8- 2 >
_-..,j^6%,^preferr-ed-;(quar.)k^/_/^/^//////xr_^i:x;k'j:v7$l;50vV/'7-15i'.
preferred
Johnson
Extra
0-30'
50C
4%
class B
Co:,
Merchants
874c
:
St
7-15
6-21
6-30
7-20
Co., preferred (s-a)-:Z__
0-15
V
// 140C
1024©
yk\.
Class A.(quar.)*
.Class* B
(quar.)i_x.
Great-.West Felt Co., Ltd.—
&
0-15
7-
;•
6-30
25c
„
common.—*
;
'.1 *'■-
6*18
7-15
7-15
$3
———
—
H.)
14
'•^>k
6-25
50c
Oil
1
6-30/
(s-a)
(quar.)____
Corp.
7-
30c
$1.50
A (quax*.)'
Corp._________^.___
7-
20c
6-2l
6-18
7-
lc
(A. G.)
2
81
6-25
30c
Garden
McOuay-Norris Mfg. Co,,
!./ 444%
preferred (quar,)
9-17
6-18
2
<50c
•
Co
(F.
6-15
6-ltt
7-
62'/2c
'
—^
McKee
6-18
6-30
6-30
6-17
Co.,- Ltd;—»
preferred (quar.)
4%
6-21*
6-21
Water Co., 7% preferred (quar.)
Mills Corp,, common..—preferred
(quar.)___
McGraw
5-31
7-1
Co
8-16
374c
■
:
1
6-30
6-15
6-30
7-2
iMcCaskey Register Co., common______.
4 V2%
preferred k___..____
—x—_
6-24
6-15
10%
Cement
Financial
Oil
5-31
6-30
25c
-
(resumed)______/—
Railroad,
(s-a)__
Midland
Marion
8-
6-19
.
—
Mfg.
Square
Manhattan
'
8-
7-D
6-15
5c
(quar.)_______i__-____________
(quar.)
Mahoning Coal
5% preferred
6-30
.
-
Corp.
Portland
B
€-24
$2.60
Aircraft
Class
6-15
6-24
1
7-15
15c
preferred (quar.)
Oil- Co.
(increased quar.)__.
A
1
7-
15c
prior
Class
6-11
7-
6-15
7-
Corp., common (quar.371/2c
participating preferred (quar.)
37140
Longhorn
6-15
7-
7-1
6-15
1
'7-1
Service
/ Lockheed
6-17
$20"
6-14
96140
6%
6-15>
6-14
1
37'/2c
quar.)
(quar,)
Corp.____—
7-21
2
1
7-
$1
7-21
1
7-
s-a 1
Lincoln
V.
7-
$1.75
Co.—
6-25
6-24'
$1.25
$1.50
(Va;)—*
1
7-
8
50c
preferred
Sons
Realty
Corp,
Lehman
.
Budget'-Finance,P}ai^;4:lass'A7,(quari)^i^kw'4;k4,10c >vkt7il5^'k^6-28/V/('1'-'Comhion-,.;(increased)if
6-18
(s-a)^
class
Lexington Union Station Co.,
7-
25C
Brothers, Inc.,;. common.,.-,-^..
preferred
(quar.)
Steel
6-18 v
37'/2c
6-23
7%Ci k 7* 1
Goldblatt
City
&
McColl-Frontenac
—
Granite
1
1
(quar.)
common;^
Louisville Gas & Electric Co.
75c-
Racking; Co,) (quar.)_
I j $2.50
6-
7-
—
Co.
.
I
7-
(quar.)
preferred
"Lefcourt
4
>i
,
Co.-
(increased
7-31
6-15
25c
pfd.
6-19
7-
9
25c
(subject to approval)
participating
15C
—
vi
conv.
Insurance
(James)
15c
(quar.)
6%
7-31
•
7-14
62V2c
•
Bakeries,
(quar,)__.
B
6%
Lees
25©-:
_
;
■
_____
r
Ltd
6-
25C
General Baking. ,Co.,
common_____,
•/* 48 preferred (quar.)
"V,.$8 preferred (quar.)
i
General Controls Co.,
common
(quar.)__xi
6%.: preferred
(quar.)
8-10
6-21
V 47- 2
Class
Madison
(quar.)__w_.
4:6 % ,vc(mvertlbie/-:preferred
Dariock
7-124
(quar.)
7-31
7-31
$1
6-21
6-
7-31
,
$1.75
7-31
.
6-30
6-15
$4
$1.25
7-
50C
i 'I f
„■
6-15
5%
preferred
(quar.)i.,
__x
Corp, of Delaware,, common——,
preferred (s-a)_
Z
Common
6-11
New
(quar.)
Tool,
Lux'Clock
(quar.)
-.
6-30
50c
(s-a)
(Increased
7-3'
$1,064
A—_//_///
class A
Co.—
-
6-23
6-18
'"Vk/ 25c' *, 0-10'
Wallace,.$3
6-15
6-15
(quar.)*_
common
Co.,
Lawyers Title
of
Bank
Mineral
(Dr
1
1
5c
0-15»
.
6-lS
"
7-
7-
dividend)—
preferred
7-15
124C
Fuller
v
8
6-30
7- 1
$1.50
(-stock
Langendorf United
6-21
6-30'
5c
6-21
6-30.
$1.75
(quar.)„_—
dividend
3.85%
B
Forbes
,
6- 9
1
7-20
$1.25
_
Lamson
6-14
1
7-
$2.75
/.
,
(quar.)/
(quar.)
com.
7-
40c
:
7-15
,6-21
1
Co.—
8%
&■ Sessions- Co.,
Stock
$2.50
6-25
7-
;
,
7-
$1.50
Light__.____
Companj' (quar;
Lambert
5-29
announcement
Y.)
class
7-31'
75c
'
Gas
6-
*
•
British/Columbia; Telephone
Laclede
'
•7~xl<y.<
6-16 i
k/i'V $1
87(4c f ■' 7-: l /::sk; /, sys^preferred (quar
/,/. Boston Insurance Co, (quar. )lkk2j;kkk«kkakkk',-.
General Public Utilities
7-"l'
,:!7'60C
;
(quar.)
y\ '.Boston. Storage Warehouse ..Co. r(4uar, )k;kt.>iXk$l.251
General Reinsurance' Corp. (N. Y.)
.6-30-'
;6"-23
v r/Brahtford .Cordage,
Ltd., common :('quar4k/4 H2l/2c
■tfi Georgia Pacific Plywood & Lumber— V;; / >:
"J/. //$L30 • preferred'^vqhar.)
/ New common (initial)
.kmike- k^Tkisr// 6-20[ J '."/Briggs Manufacturing -Ckckaku/upe6-30 ' f 6-18
Gilbert (A. C.) Co:, $3.50 pfd. (quar.).,
;'
'Kut-Kwick
75C
—
com.
Bank
name
Bank.
Shoe
Sugar
6-10
25c
—
Dividend
new
6-13
(Increased)
preferred (quar.)_____
6-15?
0OC
Oonvertible, preferred
:;x:6-':9
.
6-15
25c-
with
1
Gommon"*(increaBed)—iL_:w
) 6-23
25C
(merged
Avenue
National
Foote
-
6-15
York).
-Class
1
4:7-15
,20c r;.v* .7-16
.
40C
'.25C
—____.
8- "1
<sij*A* 50c >• ( 8- 3 /•■^ltC;S^ck^:'dividend,;T/_^_k/_-ikkk-iix/kkkkkkkkk;k 100%",i- SmUriZ-
New
Bank
showni under
ki Florsheira
if*■',*6-15
(quar.)
-•6-30
7-151
374c
6rl6'kk F<mte Bros. Gear & Machine,
6-15* •» /■; -v >Extra';
6-15
20c*
-
V
Avenue
k'k First
-: .'6-18
-:
7-30
7-21
Publications
York-Fifth
6-17*
6-29
•
2 (4 c
(■quar.l^v-wxxkiwvUikl^x^t;
.
.
/•7-v '1 k/''
,;;>6-15*
37(4cf
kV-
Co.
>
.
v 46-19
7- 1
;
$3.50*
Manufacturing Co. (resumed
15c ■■■■■(,>: 6-30
Manufacturing Co., common.,.,B-.,iw k .> 50c
• 6-26
./
preferred (quar,
"/ Behaix Home Appiianceo-
.
: Fifth
6-10
-
;,v .(Bax-calo
Bates
6-15
6-19
Bank (quar.)^,v
0-19
J25C
_
.
6-21
1
1
7-
6-16
7-
Kelling Nut Co., 6% preferred'(quar.)_
30c
King-Seeley Corp.
(extra)v—x__x_—"30c
Kittanning Telephone (quar.)
50c
Knapp-Monarch
Co.
(quar.}—
_J._
15c
-Kropp Forge Co;_x—_/_—x——10c
6-23
t50c
(s-at
:
6-21
6-25
20C
-
Bank & Trust Co. (N. Y.)
124c
(quar.)
/ Felin (John J.) & Co.
_u__
$1.50
/ Fibre Products of Canada/Ltd.—
1?
- ;
5%
preferred (quar. >
125c:/Field & Stream Publishing'Co. (quar.)_____; V':> 20C-
,
.6-11
"
7-1
'
140C
Vr
—
Stores,
conv.
pfd. (quar.)—
(quar.)x.
preferred
$5 preferred
1
7*21*
$1.50
i f75c
:
(quar. >.
preferred
9-* 1
6-15
13%c
(quar.)___
pfd. (quar;)_
7%
Co.
Kaynee Company-
6-21
6-
6-15
1'
82V2c
pfd.
(E. )-Sons Co., common
preferred (quar.)—x—
-6-21:
1
1
9-15
7*
7%
V
77-
6-18
'
Department
convertible
$1.50
40c
2nd preferred series B
Kekaka
7-
k: Federation
6-16
1//,
/ Extra >i^i//iizixixki/;xk^kkkuik«¥kikkd :*:k,v'5C/k'
1"jBank of 'the Manhatan Co. (quar.)
5*306
Bank
4<*/» %
Federated
6-1S
7-31
8-' 2
•t
I
7-
________
; Federated
6-14
6-30
•
(s-a)
.pfd., (accum.)
(quar.).___
8-12*.
6-18
7-15
2
7-
124c»
_—
7-
8-14
10C
(quar.)4kk^//k--k^-ki.ki,kv /•75C-
preferred
6-15
7-
k 37'4c.
;
—
-
_
6-14
7-
r
874c
-
$3 :/■■
50c
Co;
9-1
6-30
7-15
•
7-20
2
6
6
25c
5% preferred
Kansas Gas-& Electric,-7% preferred
$6
preferred
(quar.)
Kansas-Nebraska Natural-Gat>—
7-2
7*15"
8-
./"""■ $5
Railway* Motors (quar.)
Fashion
Frocks,
15c
Inc.___^___„_^___^_,___xi._
Federal Chemical Co., 6% preferred (quar.)
.V $1.50
6-16
•
4.16%
1.4/
37'4c -vk. 6-30
•
-Avon
Bancohio-
'
$2
*
pfd.
(quar.)—
Kansas Electric Power,
9-17
7-15f
150
:
1:
10-
25c
(quar.);_u
(quar.)
Fairmont'
6-15
k
6-30
25C
■*,
Trust
6-15
■/: 6-30
209^.: 7-
6-18
$1,124
Fund, Inc. (quar.)
Estabrooks (T. H.) Co., Ltd.—;-.-.k
6-15
«
6-30
50c
Motion? Picture. Industries;.'—/-
Automobile Insurance:Co.
:
,>30e 4 V 7-15
Construction
Associated
6-18
$1.25
Equity
.
;/ 6-30 ik
«
1
50c
,
Empire
6-28
'
(quar.)ln__kikkikk;fkil
6-30
15
;
Storage Battery Co.______
Electrical Products Consolidated (Seattle)
6-23
•
7-
:20c
;
—,—
2
7"
7*' 1<
77-
87J/2c
5%
-
■
7-
$1.75-
(quar.)
1
8- 9
S1.50" "v:
7-
50C
Co..
;
31/2%
6-18
t$5
pfd.
(quar.)—
(quar.)__
Johnson,
2nd
2
Jdplin Water Works, 6% preferred (quar.)_
' $1.50
Journal Publishing Co,, Ltd. (incrd.
quar,)i
J20c
Jlistrtte Mfg. Co. (quar.2c
6-21
6-19
;
:
7-10
25c //
;-4j
Manufacturing
4%
6-21
L
2
•
$1.50'
k </6-15 !. '/• :v- Quarterly .;
/.
: i
Elizabethtown Water Co. (s-a) _x-k_xw-_-___
1
7-
Elder /
>
-6--10
L'
7*
2
(quar.)
—-
6-21
7-
7-
:
-
*
6-15
8-
8-2
•
6-30
(quar.)_
common
Stores, pref.
Bros.
&
6-18
Corp.—
Co.,
Electric
6-20
1
25c
Kalin's
(quar.)
(quar.)
Goal, ..Ltd;, class B
<_
_
2
7-
.kSrlLVfli/-Electric.
<f
v'k-:
preferred
Armour
7- 1
ve-30
xquar.)
(quar.).
Western Gas
.1
*
6-30
.
t25C
tquaT^-ii-x—
1
7-
5 7/10C
Eastern. Steamship -Lines
;j;
-/
»
-
Co., Inc._x
k, (Anglo-Iranian Oil Co., Ltd. (final)_
/ Arkansas Power & Light, $6 pid/ (quar.)__
$7
,6-15
u
_
Co;
L
1
$1.50
4quar.)„
Mfg.-x4.quar.-) kifaii-ii._iu.CDunhill International,
Inc. (quar.)
—_
■;
-
7-15 / V-7-
*
■
30C
Angerman
Arkansas
^
25c :/..
25c
American
$4 pre.errea
— -
6-15,1
Jbhhson
12.4C
Mfg,; Co.
.
Johansen
8-21
87 40
;—
iquar.j
-Dominion.-Oilrtqth 4k- Linoleum
.6-180;.;.- .Eason Oil
-
common?
Xire-^Sfx-Rubbe?,common
Duncan..Bleetric
6-15
9-
874c;
,
...Duff-Norton
Jim:Brown
6-30
t$2
..
V
—
..Dominion. Square Corp-., -Ltd.
6-21 >
7-
6-21
25c
_
DI,Giorgio Pritit.,Cqrp.j-:$8
•
1
1
Works—
Co..(Toronto)
Co.,
7-
7-
2
7-
10c
"A""'
preferred
50c
_a__.
Dominioa JJaal, Gbs,; .Ltd;,. 6
-
6-10
25c
*
Wringer Co, (quar.)__k-f-i-—
Anchor Hocking Glass Corp.—
>
Loom
(quar.)
6-2Dominion.Steel
-'6V30
\
6-17-
L*6-22
liv,
7-.
Jefferson
(quar.)
coiwe^iWe^seferred
»
•
News 6.0* •"< bi-monthly-.Wi.t^i'iiktSl'-C'y
;
.;•> American Screw Co,
:
American
Verre-Mural, vtc (liquidating t ki.'
r.v.
„
^,.,6-3h
Products
.
1.
«•
.
1st
$5
Deposited Bank .Shares
.4
preferred
6%
40c
preierred -v(Qoar4x:x^xx.-_x_________
Press, -Iaic^i^^^ixiaxoniv.u^x.
3 Vi-%
preferred .(quar.)x.__-x„—
.
t
lW-A-17;
25c-. .V 7ul>
.
KnowlCs
Packing
4 Va%
Denmark
6-30 r'
J—S1.76.:::;;'. 6-30
I American Manufacturing -
'
6-17
7-Ik* ^6-20
SO©-5 ';>? 7*
/■I ;> 5% preferred
-(quar.).^—31 V4c
American
5%
(quar. )
55c
Co.,
Telephone
Jeannette Glass
7-
$1.25
—
—
Jamestown
6^20
t83/4C
preferred (quar.)
Jaeger Machine Co. (extra),
2
6-10
Cuneo
6-16
..>. 6730*
•*::?
"r sv ;-$p
-
»quar.'TZZV/v
;
Co.,
Coal
$6
9-10
$3 prior pfd. (s-a)__
Sugar Co., common (quar.)
preferred (quar.)___———
Cudahy
;
Creek
$6
America
Light/ 3.30%
Ironer
6-15
(quar.)___
Insurance
-
Atlantic
5%
Power &
9-15
common-——.—_—
Crown Life Insurance
•-
,
6-
of
1$1.50
Crowley Milner & Co.,
6-14
aJiiliifs * $1L 12 W? i >7*
quar.)__//; ■.
25c <• .6,16.7
7%. preferred tquar;)^—^-—„$1^76.-V;
American'
Cd,
preferred
6-11
7-1
6-11
—
(quar.)_i.—
(Toronto) (quar.)u^____
Cuban
6-16*
pfafirffr+fpiiiip $}-%,
American
k
6-11"
v;1;
l:;50ex-
4%>'. convertible preferred .(quar. jhZjLZ_.ri._z
'rtj; \Ainprican.Cast ,,I£4a; Biper 6%
6-21.
k :v 6%
V 1—" 1 v^.;' 6-16»
'*$■: 20c
-
Crompton: &
:
r
7-1
Co.
6-15
-"/;7t ;'1X:
Amalgamated Sugar Co. (quar.fu^.—:
124©.
//// American, .Brake BhoeJ.,icommon^.aaC^l.^ii;>-v^;,'50C'/
.
Paper
6-11
.
1
7-1
40c
- —X.-'
7-
-
t
r.2
(Toronto)
3%%
!
40c
(quar.l^^-A^^-w:
Qorp;.
Payable o) Ret.
„
(quar.^Ur' '
;•
Ironrite
25c
preferred series 1945- (quar.)
preferred series 1947, (quar.)
.^iCralg Big Co., Ltd., 5% preierred
Holdert
$1.25
Inc._
Aetna Life Insurance
:
Life
Corning Glass Works,
•> When
///Share
S3
(s-a)^—
AddreSaCgraph-Muirigp^ipn Corp.,' <quarr>liw--%i,;:.»
r//Adttlhql Corp;
l,*v Allied Products
Ihsurance
Cigar Corp.
Conkumers-Gas
Iowa
6-11
Telephone Co.,
Corp.
t$1.50
Fire
Consolidated
6-15
11
7-
7-' 1
7-
(s-a)____—
——
Connecticutv General
■«
Investment Co.
$1.50
(quar.)
Consolidated
-
•
Interstate
Ixxtertype
6-15
$1.75
Co.
Association
(quar.)
Connecticut
6-30
6-15
7-1
Island
(quar.)
Life
7-10
7-1
c
$1,374"
—.—___
Transportation
Common
when
-
preferred
Common
are:
>-Per
.
.
week
•
i
-
V Name of;Company
Abraham
this
the
$7
Confederation
c
20c
3%%
v/'.;
'Abercrombie'
'■::
r"
announced
in
(quar:)
Conestoga;
previously announced, but
and. Investment News Department"
declared. ' ,.•.•*
-■
' -
,
preferred
1
($5 par) (quar.)—:.Utilities Corp.--
20c
124
Commonwealth Water Co., 5y2% pfd. (quar.)"
Commonwealth Water & Light Co.—
grouped in two separate tables. In the
bring together all the dividends announced the
weeK,
Tnen we .follow with a second table in
Increased1 quarterly
__x_
Ihterstate (The) Company, common.
5% prior preferred (quar.)^
7-1
7-2'
t$1.75
6-15
1
7-15-
>
•
(quar.)
International
6-15
624
—
Co., common.,
participating preferred (quar.)_____
Participating
($100 par)
6-25
6-15
$1.75
■
preferred
1
124c
1—
•
6-18f
iS2
__
6-18
Co. of Canada—
7-
6%c
(quar.)
pfd.
7%
6-15
7-1
7-1
25c
(resumed)
com;
Co
International Nickel
6-25
20c
20c
6-30
10c
50c
which have not yet been paid. Further details
and rec¬
ord of past dividend payments in
many cases are given
uiider the company name in. dur "General
Corporation
_••*
7-
8%
(quar.)
t$4
Coal, Ltd.,
preferred (s-a).:
7%
(s-a)
Foil Co.-, common (initial)
5%. preferred (s-a)_________
are
i ; whicn we show the dividends
6-11
15c
preferred* (quar.)
intercolonial
>
6-7
1
non-cum.
51
When
Holdert
Payable of Rec.
Share
Steam
Interlake' Steamship
—
.
6%
6-11
7-
$1.75
Columbia" Baking
Dividends
6-14
t
Company
Navigation Co
Inter-Mountain Telephone Co:, com.
—
^
Cochran
•
.
■v--*
Per
Name of
Ihter'-Islahd
5
6-14.
$1
Washington
(quar.)
Multiplier Corp., com; (increased )___
5%%
convertible preferred' (quar.)
2136
30
jVol.
7-
Clary
1,'491091
preferred stock—_Jun
J Vol;
92004
15
of
1
$1.13-
—
Co.'
Water
preferred
6-
Co.—
Warehouse Co.
Co._
6-10
City* of Parife Dry Goods Co.—
ou.—
2U24_
aue
Theater
Holdert
Payable of Rec.
15c
__x—
2467
2258
1955
Suburban Bell Telephone
Quarterly
2467
stock__july 10
Share
&
.
1
1
rower
When
(2619)
'
Company
Advertising"Products (irreg.)____
17
Jun
1949-—.
I Vol. 165.
•
Name of
Citizens
convertible debentures,, due
Guio.power-Co.; ftw Jcoeiuure buna*.
Public Service Electric & Gas Co., $5
;
.*
Cincinnati
2028
July
at
-
Cincinnati
12142
pfd.
conv.
Heat
luKut,
bonds,
4%
money
Oak Mtg. Co., 5%
6 Si
■■
■
52410
J
_
Inc.,
Page
l
1951 __Any time
stoctt-.
CHRONICLE
Per
Date
<
•
2024_july
Eastern Steamship. Lines, Inc., $2 conv. preferred
&tock_July
Hawiey Pulp & taper Co.,.$6 2nd preferred
stock_____July
Howe
&V FINANCIAL
„
Company and Issue—
»
COMMERaAL
—»
(quar.)_
(quar.)__,
>1
52
of Company
60c
Increased
New
Inc
Newark Telephone Co. (Ohio)—
Magazine,
Norwich
8%
Co._
preferred
7-10
6-30
933,4C
8-
2
7-16
7-
1
6-18
Old
:———
Extra
Co.. Inc
Permutit
Full
Pilot
Willett
6-18
1
1
1
Winters
6-18
7-
6-21
$1.25
7-15
6-30
7-
York
Port
Huron
4%
6-
4'/2%
1
Name
6-11
6-29
6-18
6-30
6-15
6-30
6-20
6-
$1
6-23
Abbott
Providence
Co.,
Co.,
1
7-
7
5-25
7-
1
6-21
:
1
7-
56 Vic
$2
$2.50
7-
•
Pulp & Timber
Radio Corp. of America— convertible
$3.50
Rayonier,
Inc.
preference
Reed
Co.,
Drug
Class
Express
D.)
Co.
Aluminum
Castings
&
Telephone
4Va%:
1st
Rubinstein
Russell
fi.
&
W.
4%
St.
preferred
(Helena)
Berg
Fine
Lawrence
7%
St.
Flour Mills,
Rocky
6-15
6-15
Alan
31 Vic
7-
1
6-21
Alden's,
40c
7-
1
6-25
4(4%
f 15c
7-
1
6-10
Alexander
12'/2C
7-
1
6-15
Extra
1
1
6-11
1
6-21
$1.12 Va-
Co.
Selected
Sorg
C.)
&
7-16 '
Allis-Chalmers
(quar,)—;
17 '/a c
Company——mi.--—
Corona
preferred (quar.)Y.
Southwestern Public Service,
3.90'//
preferred /(quar.)
preferred (quar.)
4.15%
preferred
preferred
Standard
Stern
&
6-19
i
6-19 ;
8%
(quar.) _Y
com,-
Sun
Life
'Extra
Texas &
5%
Pacific
.
Mills,
1
Thrift
Stores,
Timely
Ltd.
Clothes,
v.;;
(quar )
Co—.—
Twist
United
6%
Fuel
class
United
6%
U.
S.
Shoe
$4.50
$6
U.
S.
$5
U.
A
2nd
&
i
common
West
1%
6-25 y
6-15
6-30
Stock
i
$6
6-25
9-15
7-
;::6-29.
7-1
62 VaC
•'7- 1
'
77-
1
6-22
6-15
6-29
6-18
Mjachinery,
7-
common
2
6-10
6-30
6-10
30c
7-
1
6-211
62yac
7-
6
6-16
37 Vic
7-
6
6-16
:
(quar.)
ZZ
Securities—
preferred
preferred
preferred
Freeze,
Baking
preferred
Corp.,
7*
1
'
:
7-
7-1
6-21 ;
$1.50
6-30
1
6-15
6-
1
7-
6-
4
Y
[:X;C 256
?
preferred
$4
B
A
1
6-30
7-
1
6-
6-
1
6-14
6-
1
$1.50
7-
;
*•7-
6-
;
Y
1
12y?c
;■
1
$1.50
5%
non-cum.
6%
4
6-
7-
9
7%
American
6-16
6-
93 %c
7-
1
6-18
5-12
6-
7-
1
7-
:
1
-Y
25c
7-
1
Republics
7-
1
1
6-14
15c
6-30
6-18
7 Vic
7-
1
6-15
25c
6-14*
1
6-30
6*
7-
1
6-18
$1.75
7-
1
6-18
6-25
6-10
Preferred
—ZZZZZ
Michigan Steel Foundry, com.
prior preferred (quar.)-^
(quar.)
-
,
25c
17 Vic
8-
1
7-15
American
7%
6-
1
American
6%
Snuff
1
American
Co
5-21
6-15
Extra
Bareco
6-15
5-20
Basic
7* 2
'Y; 6-22
'
6-
6-15
6-15
$3
Y-
12-15
50c
7-
1
12-
6-
9-15
9-
6
$1.75
12-15
12-
6-15
6-
1
37'/2C
6-15
6-
1
6-15
6-
1
$1.25
7-
1
6-
8
$1.50
7-
1
6-
8
$1
(accum.).
•
/
Y ;
$1.25
(quar.)
6-10
6-21
4%
6-24
6-
25c
6-25
6-18
6-25
6-10
50c
1_
4
6-30
6-15
5%
(N.
$1,816
6-
1
1
Inc.
Co.
,
'
Ltd.
Packing
L
(quar.) __—I
(quar.)
TeleDhone
Co.
Aviation
Corp.,
$3.25
6-15
6-
3
Berghoff
Brewing
7-
6-3
Bessemer
Limestone
4%
Hedges. $2
preferred
conv.
Y
6-i5
Y 6-
.«•/
7- 1
'.,6-15
25c-
$2.25
-
' t,
7-16
'
;6-30
6?18>
h-v
6-16
-~7 - lc,;
Y7* l : -'6-16
"
6-16
6-1
1
'!
Z
50c
7-
1.M'6-15
843/8c
7-
n
i-U'i h_ta
6-15
1
7-
2
*60c
*
6-15
6-15
;i2y2c
1
:f: v1
6-26
,5-29
7-.
50c
40c
—
—
5-31
*$1.50
7-
2
.,*$1.75
7-
2
5-31
$1.75
(quar.).—
7-
1
6\
tisc
;
*25c ;
Z
.
r
*-
4
.
' V.
7- 2 '
6-14
7-
6-14.
6-15*
2
—
Y
(s-a)_—...
*$2
7-15
50c
6-30
„$3
7-31
7-15
30c
(quar.)
6-30
6-15
81*/4C
(quar.)
—
Co., common
——
6-30
$5
Co._.
preferred
■J
1=
6-18
6-30
,
■■
25c
$1
com
Cement
(quar.)
6-30
6-1
«;
of Canada—
Corp
&
5-31
.
ii-s 75C
;
21xhC
(quar.)—^__
preferred (quar.)
Franklin Hotel
&
5-31
6-15
;
8-. 2
—
Benjamin
Bpnson
4
;
—
Loan
4
6-
; 7-15
15C
——.
prexerred
$6
6-
1
50c .< ..YY-Ifl''
(quar.)
Canada
of
Corp.
5-29
6-14
x
*25c:
VY
(quar.)—
Co.
'i'
6-30
7-
:
45C
——
& Hosiery
6-10
'
(quar.) ———/
(quar.)_
1
10C
(quar.)
Co.
7-1
6-18
12'/aC
(quar.)—
preferred
1
6-10
Z.„ Y'
—
Inc.
Railroad
6-11
6-30
$1.25
;—Y-.Y-,;
(quar.)
Ties.
6-11
15c
.
7-
..
8
7-
Y
1
■
—-
com.
Co., -commori
6-25
1
$1.75
__.Y'^YY.
Ltd.—
7-
4
6-
1
,;7-20
$1
(quar.)———
Co.
6-
6-18
.
40c
.
(s-a).>rrY.t
(quar.)
Inc....
6-25
$1.50
—
12-14
25C
———^
&
50c
—
9-14
1-2-49
rit'
(s-a>_
$1
com.—
10-1
8%C
Y-—-YY-
$7
J.)
Y.)
'
6-8
7-1
: 8%c
.Y—Y—YYYY i
Canada,
Beneficial Industrial
7-
8%C
$1.25 %■"' 7;
Equipment
of
6-11;.
/.
:
Co.—
preferred
Bendix
'
v
s
j.Z'9-1:: YB-ift.
j
Corp.—
(increased quar.)
Glove
Beneficial
v
6-
6r30
$1.95
Steel
Corticelli, Ltd.. common
preferred (quar.)—.—:
preferred (quar.)
Belgium
u
-
7-15
50c
Belding
7%
7%
'
"
common.
Works,
convertible:
Beech-Nut
*
'
pfd.
Creek
'
6-25
i $1.50
Lomb
Bros.,
-
6-11,*
8-30
&
Brummel
Beech
Bfll
'
$1.33 Y-
(quar.) —Y——Y—Y
Foods
3% %
6-10
•
''t/
.
;
Beau
6-25
6-25/,.
■
(quar.)—
Cigars,
Beatty
Y?
6-25
.
9-30
(Ludwig)
Common
(s-a)
—,—.,
Optical com—_—__
preferred
(quar.)—„_—
Beatrice
9
12-31
Co.
Co.
1st
Bayuk
6
37«/2c
7-
:
6-15
'
1
-
6-15
7-15 ■■'
7-
1
6-
iri:,
-Z.30C
y;-V $1 .>:• .7-14
Corp.——Y_—YY--—Y--r—
&
4
6-15
$1.75
...
Bausch
1
6-15
1
$1.75
(quar.)
25C
6-15
25c Y. 7r 9
.
Y
6-15
2
6-15
10c
V
10-15
Refractories.
4V/2 %
;
Y
2
7-
8c
-V-Y.Z'->Y,
(quar.)
Baumann
1
6-
5-22
1-15-49
Bastian-Blessing
Y,
6-18
6-15
7-
-
Oil
5-23
•
,
•«
7- 8
6-30
-Y——:,.Y.Y« Y';.r *12%c
*$1.75
(s-a)—
——
■
2
6
6-21 f
preferred
7%
6-10
'
(quar.).—.
7-
$1.50
Co.
Common
6-30
$1
8-
%
2
:
—
(increased)
Trust
97y2c
-
8-
30C
(s-a)——.YY
Building
25c
:
Ltd.—
of
Barber- Oil
preferred
Stamping
1
6-
6-15
* 15C
(quar.)Y----^—-y7,,
America National Trust &
SaViiigS
6-30
Standard Sanitary—
preferred (quar.)
•v;y.; $1 ^
preferred
7-15
$3
com—
6-14
1
$1.50
preferred
6-10*
Co.—
Co.
5-19
7-
"*
5-19
6-14
(quar.)
Porcelain
Barber-Ellis
6-10*
7-
100%
(N.
6-23
6-14
$1
(quar.) Y_.-.——»
Co.
Locomotive
Bankers
;.>•
:
Co.
6-29
7-15
(quar.)
,
preferred
Bank
6-14
6-29
7-
....
Building
6-10
2
V
—
Y "
(quar.)
Co.—
Association
2
35c
(participating)
Ship
non-cum.
6-30
*10c
Corp.
preferred
Bank
2
6-15
■
—
—
Inc.; (quar.)——Y^.—--i
Wilcox
&
6-15
Service
(quar.)
Lines—
Yr.-<ir--YYY-.
7%
5-28
7-
9
American
pfd.
Indies SS.
6-10
$2:
■■Y: "
—
(monthly)
4%
6-15
/YY 10C
Corp
(anar.)
com
7-15
''
8-
i
30c i
Y.
7-15
6-30
$1.14
Bangor Hydro-Electric, common (quar.)...— V ,Y
6-21
7-
...
Insurance
r
6-16;
*
8" 2
Y
$1.33
Paper Mills—YYYYYY....
Properties—Y ;./■;.'A/:/' '■■■■
Y.'.'.YY
in cash or $2 of merchandise..
5%
4
-25C
20c
Reserve
$22'/2C YY
tConn.)——.Y.¬
Bangor & Aroostook RR.
6-21
$1.50
...
American
8- 2
preferred (quar.).
7% convertible preferred (quar.)_
Y
7%
convertible preferred
(quar.)
Bancroft (Joseph)
& Sons—.——YY—i
5-12
25C
Common
•'VZt25c Q'
convertible
7%
6-25
6-15
50c
Mills
Baltimore
1
6-15
.f
Light $5 pfd.
American Radiator &
6-10
6-30
Y
(quar,),——
Colleries
Baldwin
6-15
6-23 Y
Y 6-15
—
■■
preferred
6-10
6-19
50c
(quar.)_„.
Fire
Alarm
preferred
preferred
preferred
6%
r
6%
25c
-
_
Lines,
West
&
(B. T.).
Baldwin
5-28
6-15
7-
(quar.)
President
1
Y
Y
Payable
6-1 r
1
6-15
30c
iquar.).
^
A
B
Badger
4
6-15
(resumed)
6-21
..ZZIZZ"
common—
Class
Class
Babcock
50C
!
&
8
7-
..
,
$2.50
iquar.)
Greyhound Corp. 4%
Extra.
each
Co._—
(accum.)
8
6-
non-cum.
Baker
(quar.)
Power
$6 preferred
6-
6-30
25c
(quar.)w
(s-a)iY-Y--—
Gun
5%
6-10*
6-30
*15c
(quar.).._.__^—
Co.
Co.
Aysbire
25c
(quar.)
preferred
American
Electric
City
Baboitt
$1.25
American Potash & Chemical, class A (quar.)
Class
Y
6-10
l'Y
6-24
*25c
preferred
Avondale
$1.75
(s-a)
-
1
'
(quar.)—.
PR.,
v..
1
$1.18%
Optical Co. (quar.)
Paper Goods, 7% pfd.
7%' preferred (quar.)..
5-31
7-
'
121/aC
(quar.) YYY—-YY
Automatic Steel Products,^-...——Y——...
:
Finance—
6-15
$1.50
(quar.)—.
common
Co.
Line
6-15
(increased)-
common
dividend)
Refining,
preferred
Automatic
6-
30c
Foundry
(s^-a)
&
Line
5
6-
30C
.
Co.
(stock
6-
'
6-21
$1.25
;
6-30
60c cl. A pfd, (quar. )
(quar,).,
v
6-23
6-15
v
6-30
American
American
$1.12 V2
(quar.)..
Inc
7*
6-17*
■
Metals
Oil
Coast
v
{quar.U_
(quar.)
Ifor
American
7%
(quar.)
(extra)
...
Co.,
&
National
preferred
preferred
$6
.
20c
Publishers" lZc.Tqu7r.IZ"
66-
6-15
....
Molasses
$6
6-15
6-22
Meter
Common
6-19
50c
*75c
1
1
J.)—
(quar.).—
Machine
American
6-24
1
pi-eferred
American
,6^15
25c
(quar.)..
6-21
7-15
6-15
-
&
6-15
—
1
(quar.)
Machine
American
6-22*
$1.50
.
Y
5
(quar.)....—
Locomotive
6-
1
preferred (s-a)——
; "? $2.50
Atlantic
371/2C
Refining Co., common iquar.)
$1
4%^ preferred
(quay.)—
iY-Y-YYYY
93%c
3.75%
preferred B
(quar.) YYYY—■
:
40c
Atlas Corpoiu^n
(quar.)
YY—Y——Atlas Imperial Diesel Eneine Co.—
:Y,v.'--.,
Serial A
preferred : (quar.)
__Y—.— Z 561/4C
Auto Electric Service^ Ltd., class:'A
$12yac
—
Auto Fabric Products Co., Ltd.—
Y
6-15
6-14
$1.25
Products
American
6rl8
:
Home
preferred
3.90%
'
$1.50
Fund
&
7%
6-15
—...
1
7-
7-
75c
com.
5-15
6-15
7-
25c
———-
12-18'-
6-15
25c
Hardware Co., Ltd.r-^
; Y
(quar.)...—Y—,
Coast
iy
25C
Hardware
American
6-15
7-
preferred
American
8-16
* 10c
iOc
4
$1.50'
com.
Co.,
Y
Y $1.25
(quar.)—
Atlantic
5-21
6-28
f
(quar.)
Y
YY 75c
Steamship
Co
?
10C
(monthly)
American
Insulator
20c Y
Corp.,
common—'.-u
Convertible prior preferred
YY'"' 75C
(s-a)_.
:
American
International
20c
Corp...
6-15
*$1.25
2nd
American
6-18
90c
8-
6-15
7-
r
(quar.)___—
Felt
Ltd.
5% non-cum.; preferred
•
(quar.)
(2/100ths shares of Atlan-
&
prior preferred
Corp.
Atlantic
9-1
American-Hawaiian
::
6-15
6-25
10-:
Hair
,
6-23
12-23
$3
:
Y.———
iquar.)
9-24
12-18
6-30
50c
—_—-——
Power
9-30
12-23
$3
(quar.)—
Atlantic
6-
)Y:
common
$1 Y!
1
$1
'
—
Atlantic
1
6-
(quar.)
Inc. (quar.)
Electric,
preferred
American
6-21
...
Co.
City
Electric
held)
American
7
9-
50c
6-
6-15
$1.50
Growers,
&
dividend
VI 4% %
6-15
7-
:
Hoe
6-23
(J. H.)
Atlantic
6-10
1
6-15
......
share
7-
.
Utah-Idaho Sugar Co.,
7%
tic
6-15
40c
Lumber Company (increased)
Plywood Corp., 3%% pfd. A (qu"a7.)ZZ
Utility Appliance Corp., $1 conv. pfd.
(quar.)
.
6-15
6-15
$1.06 y4
S.
Wagner
1
International Securities—
1st
Velvet
Gas
5-18
V
7-
6-15
(quar.)
&
Fruit
American
6-
(quar.)„Z—ZZZ.ZZZZZ
preferred
Foreign
1st
American
1
Investments, Ltd.-*-'
preferred
&
1
*25c
(quar.)
Printers
United
77-
10c
;
'6-7*
20c
Co., common.....^,
7-15:;:'
6-23
Mfg. Co.,
Felt
preferred
7-15
6-30
.
6-30
v 35C
—
Fork
$1.25
~V
<quar.J__Z-~"~"~~ ~
Y
87»/2C
(N.
(quar.).
Forging & Socket Co.
6-23
(quar.)Z—ZZZZZZZZZIZZ
6-21
$1.75
...
Inc.:
American
6-
(quar.).
7-20
'
(quar.).' Y,Y;
—_
American
6-30
Drill Co.
Income
United
6%
6-25
$1
Y
Y
50c
6-16
1
6-21
—
$6 preferred,
American
6-25
50c
4
6-15
40C
'
Co.
7-
50c
6-14
1
$1.25
Lines,
6-10
6-30
(accum.) ^uyYiYy$6 preferred (accum.) — Y——Y——
Atchison,- Topeka & Santa Fe Ry. Co.—
"
Ltd.
$1
—
6-
7-1
25c
(quar.)
Express
6-
6-30
Y
Telephone Co., Ltd.— Af,
7%
75c
.....
Export
25c
Transwestern Royalty Co. (s-a yJJ~
Tri-Continental Cori/., $6 pfd. (quar.)ZZZZZZ
Trieo Products Corp.
(quar,)..:.—.
ulen Realization
Corp. (liquidatingiZLZZ—
Union Investment Co
—ZZ.ZZ
Union
Co.
6-15
10C
$1
—Y————'
vY 4 V2 % preferred (quar.) ——Y_—
Associated'. Telephone
&
Telegraph Co.—
—
(quar.)..
'
t$5
(quar.)—
1
6-19
75c
—
com.
:
25c
Edison, 4Va% preferred (quar.)
Tooke Bros., Ltd. (quar.)
—_Z
Metal
Y.)
(N.
......
9-17
7-1
"
10c
6-15 Y
Y 7-
Y:; 75c
(quar.)
Chicle
Factors,
25c
.
preferred
American
RyZZ""~~"~~~
Toronto Mortgage Co.
Co.'
Co.,
ZIV2C
v
——.——
com.
1
*
i;Y
American
6-15
10-
6-21 -V
——
Investment
5%
*
Quarterly
6-10
100%
6-15
7-
*2 5C
preferred
7%
7-15
6-30
' 56c.
'
6-25
YjY15C
Co.
Cable
&
6-21
*
6-30
12 Vic
r;
Toledo
Union
7-10
common——Z—ZZZZ
.Inc.
Co.,
American
20c
-
5
Y
25c
:;Y
—
5 3Vz%
preferred A (quar.)—
American District Telegraph Co.
;
7-15
6-16
6-21
7-
y
Associated
6-19
50c
common——
6-10
$1
6-16
7-1
(111.)—
Co.
A
Ashland
6-17
25c
Cigar Co., common—
preferred .(quar.)
American Colortype Co.
(quar.)
.x
—
American Cyanamid Co., common (quar.)..
7-15
*10c
-ZyZZ^ZZ^" '
ZZZZZZ-""ZZ""'
We!derZZZZZZlZZZZIZ~ZZ~*"
Electric
5%
Extra
7-15
;
6-17r
7-23
25C
i.
Associates
;
1
7-
$1.50
American Cigarette &
"2-1
$-16
I}'
8-
'
Canuda
common.
Can
Chain
American
-
60c
preferred
'
9- '1,
$1.25
-.ll-——...I.——
Extra
Common
Thomson
^
'7-15
1
$1
Ry.,
non-cum.
Thomaston
Y
6-28
6-15
Y
Tennessee, Alabama & Georgia
*< :■
1
6-30
40C
Electric Ry. Co..—
(quar.).
American Casualty
6-14
;
8-
Z~——I
(quar.ZZZIZ-ZI'
Corp.
1
$1.03%
dividend
Telecoin
American
6-21
50c
——
Stock
preferred
American
1
97VaC
/
i2y2c
03 %c
Insurance
Note,
6-17
1
45c
:
*2 Vic
...Y •>'-
Bank
7-15
7-
~
Sundstrand Machine Tool
6%
6-15
.*
7»
■
——-
of
1
6-21
$3
•
92 Vac
Yv
(s-a)._
6-
7-
'#
75c
■
Class
Canada, Ltd.—
Alliance
Quarterly
American
Co.
Corp.,
Ashdown
•
7-
Co.-.—__3r
Assurance Co.
;
6-18
8-14
6-17*
6-30
*$1
* 5C ;
•
'<.
6-25
6-28
1
6-15
40C
-
preferred (quar.)...—....
Agricultural Chemical-_..i.__^_l.
American
1
6-15
i:
6-30
6-
convertible
6%
American
6-16
$1
t
i.„m——
—
(quar.)
preferred
7-
6-30
53y8C
—
——
Ltd..
Constable
Asbestos
6-2
(quar.)__.
of
Co.
;
7-10
$1.12 Va
(quar.)i.
B.)
7-
1
1
1-21 s
*
6-15
6%
Equipment———.—
Radio, Ltd., class A (quar,)—
(John
7-15
7"
(quar.)
<
1-31-49
$1.50
—
(quar.)
convertible
$6
40c
(quar.)
Industries,
Inc.——..
Amalgamated Leather Cos.—
1
7-23
10-22
8-
$1.50
6-10
preferred
4%
7-
7-
3
2
11- 1
$1.50
—
Natural
&
Arnold
1
(quar.)
common
Logan Valley
&
5-26
6-11
75c
Aluminum
6-19
$1.38
•
Stern Textiles, common
(quar.)
preferred (quar.)—„-i—
4Va%
6-30
50c
■
Works
Stetson
•
Mrg.,,
Y
7-
(quar,)
Corp.
preferred
Aluminum
6-18
v
(The)——
Steel Products Engineering
v,)
'
6-19
6-15*
/
6-
Steel
Armour
6-10
-
Gas
Standard
Stanley
1
6-30
6-21'
20c
Clothes
—
5%
7-
$3,75
Altoona
7-
25c
4 ya %
-
6-30
6-30
40c
———
Pittsburgh Water Co.—
3.70 V
2
8-2
5oc
8
6-22
_
1
62VaC
7-31
8-
6-
12 VaC
—
5-26
7-
(quar.)
Stores
*12'/aC
Typewriters, Inc.(quar.)American
Corp.,
4%
pfd.
(quar.)
Paper Co., 5y2% preferred (quar.)
South
preferred
Allied
Industries,
Brand
convertible
:
6-26
50c
7-16
.
6-12
.
2V/zC
Ltd..
7-31
30c
(L.
Baldwin,
&
:
$1.06 y4
Chemical & Dye Corp. (quar,)....
Laboratories, Inc. (quar.)
Paper Mills (quar.)
50c
;
Co.—
6-26
$1.05 Y.Y:7« 1
——
Allied
140c
(quar.)
Pacific
9-15
YYY $4
>
Allied
Company,
Society
Solvay
Inc., common
(quar.)
preferred
(quar.)—-.
50c.
,!
6-30
~6-29
6-16
6-30
Gas 6%
Y 15c
pfd. (quar.)—.
50c
6-15
5-14
Corp., common
(quar.) „—
7-15
/- 6-15
$1,121/2
Y 4 % % preferred (quar.)..———
——
Armstrong Cork Co.—
:\
.:'Y
93%c
6-15
6- 1
$3.75
preferred
(quar.)——
6-15
6- 1
$4 preferred
(quar.).—.—_—-——:
25c
7- 1.
6-17
Armstrong Rubber Co., class A (quar.)—
25c
'6-17:*
•Y, Class B
(quar.)————.....
Y; 7- 1. 1
6-17
593/aC ; .7- 1
4%%
convertible preferred (quar.)
Arkansas
Armco
Steel
6-21
—-
Smith
(Alan)
6-15
$5.50 preferred (quar.)
$1.37Vi
10c
class B (quar.) ——i.
Shamrock Oil & Gas Corp. (quar.)
40c
Sharp & Dohme, Inc. (quar,)-m.———
*•;:25c
Silver Syndicate,
; 5c
Inc,.^-—■
Sinclair
Oil
Corp,
(increased quar.)—i50c
Shaler
Wood
see
25c
'
•
Stockyards——i---
&
Co.
6-30
Allied
' ■;
(Ed.)
Steel
7-1
*$1.75
&
10-1
.
6-17
7-
Wood
$2.50
—--
Ltd., com.
Mountain
Electric
7-
7-
I quar.
6-20
$4
Allegheny-Ludlum Steel Corp., common.—.
$4.50
preferred
(initial)
Allegheny & Western Ry., guaranteed (s-a) rv
Allen Electric &
Equipment (quar.).......:'
Alliance Realty Co., series A pfd...
—
Allianceware, Inc., ' common
(increased)
;
7-15
75c
(quar.j-:s
common
6-15
1
Ordinary
6-19
$1.50
Co., Ltd. (qpar.) —„———
San-Nap-Pak Mfg. Co., 70c pfd. (quar.)
Sangamo
1
2
10c
.
6-15
7-
6-25
75c
————_
Arkaiiaas-Missoun
Co.—
RR.
1
-
1
7-
Yf
(s-a)
Southern
Great
1
Sangamo
Schuster
preferred
Alabama
1
(quar.)
7-
75c
8%C
Edison
$5 preferred
6-26
Y
.
7-
8-
3
(quar.)
common
Oil
Arizona
5-29
6-30
15c
Mills,
preferred (s-a)
preferred (s-a)—
Corp. (quar.)
6%
(Watertown,—•
(quar.}_:
7-
(quar.)
National
Louis
Inc.,
preferred
preferred
Louis
St.
A
6-15
Y
i
25c
series
6%
1
$2.50
(quar.1
7-
Inc.—
Foods,
convertible
Y.)
6-14
50c
7-
——
Development,
(quar.)
1
6-
$1.25
(quar.)—
Insurance
Co.
preferred
Agricultural
(see Helena Rubinstein)
Fund,
6-
6-15
convertible
5%
Y-Y.'YY/Yv-Y
Corp.—
6-15
25c
com. (quar.)—
preferred
(quar.)
Aetna Standard Engineering Co. com. (quar.)
7-30
50C
tquar.j
(quar.)
Argo
6-10
6-21
Cotton
Common
6-15
;
20c
Ball & Roller Bearing,
60c
:
preferred
'Common
/
6-14
6-29
6-30
12y2C
8%c
Valley RR. Us-a)
Genesee
4
Youngstown RR.,
—
Rochester
4
6-
Corp.—
Akron Canton &
—
Rochester
6-
6-15
25c
6-21
'
prior
prior
prior
Afcade
6-15
i
20c
6-30
.
6-25
:
Electrical Mfg., common
—.
prior preferred (quar.)—
——_
Apex Smelting Co.
(quar.)———
Applied Arts Corp,—,
———.—
7- 2
(quar.)
Z, 7Vac
(quar.)-—
——
Reis (Robert) & Co., $1.25 prior pfd. (quar.)
Reliable Stores Corp,
(quar.) —
Renfrew Textiles, Ltd., class A (quar.)
Reymer & Brothers, Inc. (quar.)
——
Rhinelander Paper Co.
(quar.)
Rice-Stix
Dry Goods
(quar.)————'
Richmond
Brothers
(quar.)—„
Richmond Water Works,
6%
pfd. (quar.)-
3
$2.25,
.i.',——
—
6-10
—
Mfg. Co.
Z
*25c
—
(quar.)
common
A
9
2»/aC
>
.
(quar.)-
Raytheon Mfg. Co., $2.40 conv. pfd.
—
preferred (quar.)
6%
preferred (quar.)
Anderson-Prichard Oil, common
4V4%
preferred (quar.)
9
6-
V/zC
(quar.)
(quar.)
common
■
(increased)
6% participating preferred (increased)
Alabama Power Co., 4.20% pfd. (quar.) —
(quar.)
6-
1
*$1.25
—
Co., class A
1
7-
75c
(quar.)
6%
;,*••••
(quar.)
Ahlberg Bearing
7-
1*
—_
(s-a).
5-20
Aetna
6-14
8-16
1*
7-
6-15
preferred
A partic.
6-10
25c
6-
7-15
$1.75
6-10
87J/2c
1*
6-15
(quar.)i—
7%
6-21
—
6-
$1
$1.75
(quar.)-—.^-
preferred
Apex
6-21
—
(quar.)
$1.50
6-15
1
6%
preferred
1st
6-10'
1
15c
(quar.)—•
5-20
1
6-
(J.
6-25*
1
Common
Ltd.—
Co.,
-%,$1
Savings Society
1
7-
(quar.)
Anglo-Newfoundland
Resumed
6-21
1
7-
$1.50
6-
Advance
6-15
7-15
1
7-
6-21
I2V2C
1
Adams
-.YY"}. Y/
—__
7-
1
(s-aU
Anchor Post Products
Payable of Ree,
50c
30c
—
7-
63y8C
pfd.
Co., common
common
6-15
(quar.)..—
preferred
6%
7-
5%
(quar,)
Co..»—_—
7-15
1
1
7-1
Extra
6-30
6-30
$2.25
Y
*37'/2C
Class
6-25
7-15
31'/4C
pfd.
RR.
7-
45C
(quar.)—im¬
:
8%
$1
;/•
—
Paper
Acme Electric Corp.,
6-25
1
7-
4
(quar.)—.
>
*62y2c
Adams
ioc
.:
Co.
Anaconda
Holders
Whisn
Share
(quar.)
prior preferred
(quar.)
preferred
(quar.)
Acadia-Atlantic Sugar Reiineries, Ltd.—
6-18
7-
$i
1
6-
preferred (s-a).
Metal, Inc. (quar.)—
—
Copper Mining Co.—a —'
Arapco
6%
i
&
6-
7-
$2.50
:
5
nv/uc
preferred
4*
6-4
6-14
50C
$1.50
6-14
„——
Sound
Puget
7%
6-
20c
5%
*—
iquar.)
Co.,
&
6-15
Bottle
prior
2
:
,
(quar.)
5%
Woolen
7-
,
$1.25
Tobacco
Co.,
convertible
$4
$1.75
'
of Company
Power
.
pfd.
Inc.—
5
Worcester
&
Loan
1
we
5c
Provident
6-
American
6-15
6-25
___—
—
Abitlbi
...
(quar.)
(quar.)_,
Electric
Gamble
&
6-30
6-15
(quar.),
—
■
10c
——10c
(irreg.)
50c
Co.
Laboratories
Extra
6-15
2c
———«:————
preferred
Procter
Tobacco
Per
1
7-15
7-
15c
——-
preferred
Car
Thread
American
weeks and not yet paid.
Sulphite & Paper Co.—-
Steel
4(4%
American
6-15
preceding table.
tic
—;i,—-—YY
Ltd.—
(quar.)
Transit
Portland
pressed
6-30
6-10
7-15
7-15
50c
Inc,_—_Y
Co.,
General
7-21
6-19
6-18
9
40c
(quar.)
(quar.)
non-cum.
Portland
Thermos
6-11
1
7-
$1.75
——
Pocahontas—
Common
American
$4.50
Below
6-30
(s-a)—1
Fuel
Creek
Pond
6-10
7-30
7-15
(quar,)._-«___
Mills
Corp.,
preferred
7%
Pocahontas
6-10
6-30
6-26
*25c
—
Co.
Gas
Scale
6-30
Co. (s-a)__
American Telephone & Telegraph
100%
1
—~i——
Surety
25C
7-
6-14
15C
Coal
Sumatra
give the dividends announced in previous
The list does not include divi¬
dends announced this week, these being given in the
7-26
6-25
Co.__———
Royalty Co.
American
American
Amoskeag Co.,
.
Pittsfield
6-10
Co.
5-28
.7-
Co.—,
6-10
preferred
6-15
6-15
35c
(quar.j—.——.———
6-15
6-18
1
15c
40c
(quar.)—.
Ltd
:
(quar.)
Mines,
Fashion
Pneumatic
Corrugating
Refining
preferred
1
7-
50c
,
—
6-15
_Y '
dividend)
(stock
Corp.
7%
-
.
——
(quar.)
30c
v
—-
(quar.)^
Sugar
6-18
6-18
Extra
Pilot
Crampton
&
Woodley'Petroleum Co.
Wysong &
Miles Co
6-30
50C
;
Inc.
H.(,
American
7-20
1
Co.
15c
12Vic
14c
Co., common (quar.)__—
preferred (quar.)
(Consider
1
7-
Foundries.
1c
——-
Fund
Whitehall
7-
-
Co.
Cement
Governor
5-31
6-30
$1
(s-a)_
Insurance
Pierce
6-15
Stores
30c
8-
25c
$1.50
3c
Steel
Payable of Rec,
(Indianapolis)—
Insurance
States
6-18
6-24
20c
Co.
Gold
Perron
Osgood
convertible
50c
7-15
30c
Company
Phoenix
:
$8.75
—
Pennsylvania Exchange Bank (N. Y.» (s-a)..
Peoples Credit Securities, Ltd. (annual) ____
Peoria Water Works, 7% preferred <quar.)_
Permanente
Wheeler
6-21
7-
4% preferred (quar.)
Industries,
Traffic
6-15
1
$5
Lighting Corp., $5 preferred (quar.)Pacific Western Oil Corp. (irreg.)——
Penn
1
7-
15c
Pacific
Pathe
7-
,
6-30
•
Oil Co. (quar.)
—
20c
—
(quar.)-
—-■————-—«■
Ribbon & Carbon
Old Town
6-30
iquar.)
Westgate Greenland
$2
(quar.)V—
Insurance
Colony
pfd.
4%
Co.—
American
6-18
6-30
$1
(accum.)
A
preferred
6%
Securities
Insurance
Class
50c
(quar.^)
& Electric,
Gas
—
American
American
25c
—25c
(quar.)—
Co.
—.—r.
■
—u——-
Ltd
Co.,
Sugar
Oklahoma
Surety
&
;
Co
Extra
Co.—
RR.
Casualty
Electric
Western
Share
of Company
Holders
When
Per
Name
Payable of Rec,
Share
-
Holders
When
Per
of Company
Ext^i
4
50c
(quar.i
Novadel-Agene Corp.
Oahu
6-
$1.50
—
Worcester
&
6-16
6-10
Western
preferred (quar.)—
Newberry (J. J.) Co., 3%% preferred (quar.)
File
Name
—
6%
Nicholson
6-26
25c
—
.
Yorker
-
Western
Rosario Mining Co.—
New York, Honduras &
Y
Payable of Rec.
Share
—
Holder»
When
Per
Name
Monday, June 14, 1948
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(2620)
6-28
50c
8-
6-14
,25c
50c
2
'/
50c *
6-10
;
6-15
6-10*
7-12
6-
4
7-
1
6-19
7-
1
6-19
Volume 167
Number 4707
THE
Per
Name
Best
of Company
Poods,
Inc.
Bibb
Manufacturing
Co.
7-23
7-
$1.25
6-25
6-
4
(quar.)
5 %
preferred
Mfg. Co.
Corp.
(quar.)
7-
1
6-19
7-
1
6-19
6-30
6-15
6-30
6-15
7-
6-18
57c
6-
&
Decker
Extra
<'
&
Bryson,
Inc.
Co.,
Brass
&
class A
A
Albany
Boston
Wharf
Boston
6-14
5-17
6-19
6-19
$2.60
6-30
6-25
7-1
6-15
Carey
7-30
7-15
Carey
7-30
7-15
(quar.)
25c
Woven
$1.25
(quar.)
Roller
Brach
<E.
J.)
&
,-i
Extra
Carriers
7-
1
6-15
7-
1
77c preferred (quar.)
Cascades Plywood Corp.,
7- 2
6-16
6-30
6-16
6-30
25c
6-15
15c
Electric
Electric
pref.
Columbia
.
Forest
Products, Ltd.™_~
Corp., Ltd.— .?•
1
6-
7-1
6-15
Central
Illinois Electric
&
G.)
Iron
7-
5-28
7- 2
6-
1
3
6-
3
6-15
7-15
common
2
;;
,
$4
preferred
Brown
Shoe
Bruce
(E.
(quar.)
Co.,
L.)
$3.60
Co.,
preferred
new
6-10
6-10
6-30
6-17
6-15
6-1
.33A% preferred (quar.)______
Bruck Silk
Mills, Ltd. (quar.)_.
Brunswick-Balke-Collender Co., common—*
$5 preferred (quar.)
._
6-15-
7-
1
7-
1
6-15
7-31
7-15
Creek
Oil
Bucyrus-Erie
(s-a)
Co.
com._™,
Watch
Piston
Co.
Ring
(quar.)—
7-
8-
1
7-
2
7-
1
75c
preferred
non-cum.
r>n
+
17 CL
(quar.)_________
nr.f.rvoM
€?.
I.
T.
Cable
Financial
Electric
Corp.
Inna,
r
Ink
25c
,
California
Cotton
California
Mills
Common
(quar.)
preferred .(quar.)
57c
Water
,;.4
$2.50
6-
7-
6-15
Bread
'
.
4Vz%
5 7o
Class
.
B
Canada Cement Co.,
Ltd.—;
$1.30 preference (quar.)
Canada
u
_______
Canada
Crushed
Canada
Foundries
,
$32 Vic
(quar#)__
Forgings, Ltd!—'
Wire
A
Cable Co.,
&
57c
Canadian
Breweries,
Ltd.
(quar.)
! 5-28
'
6-
8
7- 2
0-15
:•
2
6- 4
.7
2
5-31
$50c
8-
2
7-
9
t$1.25
8-
2
7-
(quar.)__.
'
Canadian Cottons, Ltd.,
i
1 67c
preferred (quar.)
Canadian
Fire
common
Insurance
(quar.)___
(s-a)
Class
4VzTo
(quar.)
preference
2
6-10
Collins
7-
2
$25c
$43%C
Canadian Ice
Class
A
Canadian
17c
Electric
Machine
Co.,
(quar.)
Industries, Ltd.,
preferred
(quar.).
Co., Ltd.
$55c
■V
ofd.
7-
2
RR.
7-
1
4
5-28
7-
1
5-28
7-
1
5-28
2
6-
4
(quar.)
6-30
$2.50
Texas
Co.—
Combined
57c
6-21
6-
1
6-
1
0-14
8-
y
2
8-
2
V
6-10
..
7-
7
7- 7
(quar.)
8-15
/
2-10
6-14
6-1
6-15
5-27
6-15
5-27
50c
$1.25
7-
25C
:
1
6-21
6-30
25c
6-21
6-30
6-21
/
^
:
,
•
$1.50
■•■'.v;
11-10
2-15-49
20C
—
8-10
11-15
$1.75
$1.75
-
$1.12 Ma
/
7-
1
6-10
25C
6-15
6-
3
$1.12 Ma
6-15
6-
3
25c
6-14
6-
2
$2
6-17
6-
7
(quar.)
(quar.)_.
Mills
(quar.)
30c
6-30
6-14
20C
(monthly)-——
7-
l
6-16
7-10
6-25
6-25
6-11
!v 17 Mac
50C
common—
-
$1.75
(quar.)
7-
1
6-17
$1
7-
1
6-17
————
Electric
'
Co.—
25c
6-30
6-10
—_
$1
7-
1
$1.50
7-
1
6-11
common—
Corp.,
$7.50
.7-
1
6-11
Iron
preferred
of
12-
1
11-
1
6-15
7-
1
6-18
7-
1
6-20
$1
6-
9
6-
2
10C
—
7-12
6-30
6-
6-30
6-
8
15C
8-14
7-20
6-30
(quar.)
—
$12 MaC
7-15
7-15
65C
6-30
6-10
'
6-10
6-
8
Stamping
(quar,)_
(San.
Commonwealth & Southern, $6 pfd.
Fran.)
$$2
7-1
6-15
7-1
6-15
$17MiC
7-31
6-30
Community
$$1.75
7-15
6-15
Compo Shoe Machinery Corp. (guar.)—-,.
Co.
(accum.)
(Ky.)
6-30
6-
8
37 MaC
—
Corp.—
6-30
6-
9
12MiC
6-25
6-10
90C
6c
$1.50
77-
1
1
6-14
■
6-11
Public
Service
(quar.)
6-15
5-31
50c
6-15
5-25
12V^Q
5-28
6-9
6-19
8- '2
7-15
8-
2
7-15
6-15
40c
5-14
8-
10c
7-9
2
6-14
6-
4
Power Co.
90c
Utilities
Quarterly
7-
$1
;
(quar.)
common
6-15
6-15
5-29
6-25
25c
6-15
1
6-15
12Mic
(quar.)
1
7-1
7-
$1.12 Va
6-15
$1.25
;
Corp., Ltd
Led., class A (quar.)^_
Consolidated Retail Stores, common (quar.)
4SA%
preferred
(quar.)
6-25
6-15
-45c
6-28
6-15
$40c
—
6-30
5-21
Paper
$50c
7-17
6-
Press,
$16M4C
7-
1
6-15
30c
7-
1
6-18
_
Consolidated
Corp.____
$2.50 preferred
Co.,
Consumers
Gas
Consumers
Power
$4.50
Co.
(Reading,
$3.75
6-18
6-15
6-15
5-29
50c
6-15
5-28
$1.12^
7-1
6-11
(quar.)__
30c
6-30
6-15
<quar.)__
(Chicago)
25c
7-1
Baking Co., common
preferred
(quar.)
Can
1
1
62MiC
(quar.)
Assurance
Continental
Continental
77-
50c
(quar.)
1
Pa.) (quar.)_
3
Co.
preferred
Continental
$5.50
53c
Steel
Consumers
Co.,
$1.37Ma
(interim)™
common
7-
preferred
(quar.)
Foundry & Machine—
Common (quar.)
5%
preferred (quar.)
6-11*
5-25*
7-
933/»c
6-11*
6-15
25c
1
6-15*
1
Continental
Continental
Gin
Co.,
25c
6-18
1
6-15
$1.13
7-1
-6-15
75c
Corp
Continental-United Industries Co.
(quar.)
Cooper-Bessemer Corp., common
(quar.)
prior
Copper
preferred
Range
6-28
6-1
25c
3%%
Crown Cork
5-24
6-10
7-15
$2
5%
Steel
&
6-15
6-
1
6-21
6-
4
25c
6-30
6-10
55c
6-24
6-14
50c
6-15
5-21*
40c
7- 1
6-10*
40c
7-
6-14
Inc.
Corp.,
Co.
of
(accum.)
common
(quar.)
$1.25
7%
6-18
$2
preferred
6-30
6-30
6-14
25c
Forster, tt%
preferred
Sugar
(irreg.)
preferred (quar.)
7-1
iquar.)
American
(accum.)
W.
G.
5%
preferred
&
$1.25
Extra
75c
:
Delta
(s-a)__
4%
7%
6-30
6-30
$1
7- 6
6-15
7- 2
6-21
6-30
6-16
15c
7-1
6-15
$1
6-30
92V2C
6-30
6-10
25c
6-21
6-10
50c
7-
6-19
"
,
t$2.50
—
:
6-30
6-16
6-30
6- 4
6-15
6- 4
:
,
50c
;—.
,
-
;
Stores
Disney
(Walt)
6-18
6-
6-25
6-11
25c
6-15
6-
6-21
$1.75
1
1
5-28
.
.
7- 1
7- 1
$1.75
'
12-23
50c
6-15
6-
1
12MiC
6-15
0-
1
$2
(s-a)
10-
$1.75
■
preferred
preferred
7- 6
6-18
1
10-
1
12-23
\
•
(quar.)
50c
8-16
8- 5
(quar.)
50c
11-15
11- 8
75c
lc
9-
1
8-10
6-15
6-1
35c
6-28
6-12
12MiC
t.
6-19
25c
\
Co.
(quar.)
(quar,)_
Corp.
6-18
6-15
■
_______
Diana
1
1
50c
/
-
-
Motor Car
7-
7-
$2
participating preferred <fc-a)™^
Detroit Mortgage & Realty (quar.)
Dewey & Almy Chemical Co. (quar.)
T
■
25c
Detroit Hillsdale & South Western RR.
Diamond
,
50c
(quar.)
non-cum.
1
40c
(quar.)
non-cum.
6-10
$1
Co. (quar.)
Y.)—
<
Detroit-Michigan Stove
5%
8-10
12V2C
Derby Oil Co. (Kansas) (increased)
Detroit Harvester Co. (quar.)_^
5%
6-15
J
>■,
(quar.)
preferred
preferred
7%
6-11
6-12
6-15
<quar.)__
Rayriolds, class A (quar.)
Class B
(quar.)
De Witt Hotel, Inc.
(s-a)
Deep Rock Oil Corp. (quar.)
Delaware Fund, Inc.
(quar.)
(N.
1
7-1
6-30
12M2C
pfd.
;___
Hudson
7-
25c
&
&
6-23
25c
•
(quar.)
Detroit Aluminum & Brass, com.
(quar.)___
Detroit International
Bridge™
This above payment is classed as ft dis¬
tribution, not a dividend.
-—y
Detroit Steel Corp., (quar.)___;
Delaware
6-11
6-10
J25c
______
(quar.)
Co
Dentists Supply
7% preferred
6-21
6-25
$25c
(quar.)
Long Hook & Eye Co.
Devoe
6-4
6-30
50c
'
Power & Light,
Electric
6-4
7-1
15c
—
preferred
5
7-1
.
50c
Decca Records, Inc. (reduced)
Dejay Stores, Inc. (quar.)
Delaware
6-J8
6-15
11-
25c
Ltd., class A
:
1
11-15
$3.12Mi
(quar,).
Frere,
7-
6-30
10c
Davison Chemical Corp.
(quar.)
Dayton &f Michigan RR., 8% pfd. (quar.)__
Debenture & Securities Corp. of Canada—
5% preference (s-a)
3.70%
S-ll
9-11
Cigar Corp.__
Darlington Manufacturing
Davega Stores Corp., common
David
1
9-30
$2.50
:
Curtiss-Wright, class A
7-
$1.75
"
_
preferred
6-18
$1.75
(quar.)
Cuban Atlantic Sugar Co. 57c
pfd. (quar.)_
Cuban Tobacco Co., 5%
preferred (accum.)
Culver
Corp.
(s-a)
Curtis Publishing Co., $4
prior pfd. (quar.)_
D.
1
America—
Common
$7
6-15
93%c
(quar.)_
(quar.)
International, class A
preferred
Cuban
6-12
2
(quar.).
Zellerbach
Crum
1
7-
40c
& Seal Co.
Crown
Crucible
5-31
7-
$lOc
(quar.)_.
6-15
6-14
$2.50
(quar.)
Publishing
Cork
6-101
6-30
$2.50
_
America, Inc.
preferred
,
$1.50
5% pfd. (accum.)
preferred (s-a)
preferred
Crown
6-10
6-21
(quar.)
of
6-25
6-15
$1.31,A
(quar.)
Shoe, 5%
(R. L.), Ltd.
Creameries
1
6-
20c
common,
Phosphate Co
Cosden Petroleum Corp.,
Crowell-Collier
6-10
75c
Corp.,-
Coronet
Common
6-19
6-25
50c
preferred
Co.,
6-30
25c
(quar.)
6-15
25c
_
Co
Electric
Craddock
Crain
6-18
1
7-
Continental Steel
Cornell-Dubilier
1
7-
50c
preferred (quar.)__
Continental Oil Co. (Del.)
$3
7-
$1.25
common
4V2%
6-15
5-28
7-
6-12
6-
.
1
Productions—
6%
convertible preferred
(accum.)
$2.62'/a
6%
convertible
(accum.)___;
$2.62Mi
10-1
$15c
6-15
5-25
20c
7-
1
6-15
25c
6-25
6-10
Distillers
Dixie
Theatres
Cup
Class
preferred
Corp.-Seagrams, Ltd.
A
Common
Corp.
&
Corp.
Anglo
(quar.)_™_
(quar.)
Co., common
(quar.)
Doehler-Jarvis
Dominion
(quar.)
5%
non-cum.
preferred
Foundry & Steel,
Ltd.
com.
(quar.)___
Malting Co., Ltd.
(quar.)
preferred (quar.)
Dominion Tar
Dominion
7%
v
&
t
preferred
preferred
Chemical,
Co.,
(quar.)
7-15
5-31
5-31
"
6-30
6-30
Ltd.,
135c
7-
2
6-10
7-15
6-28
7-15
6-28
125c
U1.25
(quar.)
$37'/io
common
(quar.)
8-1
7-9
1
1-9
6-15
5-18
8-
(quar.)
-
8-2
8-
t25c
com.
$25c
*25c
c
(quar.)
(quar.)
Textile
7-15
•
Common
Ltd.
6-15
6-15
125c
(quar.)_
(quar.)
Stores,
$$4
$12 Mic
$35c
Co., Ltd.,
Dominion
$1
6-11
$44c
-
(quar.)
Glass
preferred
Dominion
6-10
6-25
i$3
(initial)
com.
Dominion
5%
7-1
ZIVzC*
:
;
Ltd.,
9-11
Corp., Ltd.—
(increased)
Dairies,
Dominion
7%
1
e2M2C
(quar.)
Investment
Extra
Dominion
Common
15C
9-20
7- 2
6-19
'
Consolidated
"1.
—
Quarterly
1
Consolidated
6-20
$$1.25
(initial)—
1
1
$1 25
&
preferred
Grocers,
8
25C
15C
(quar.)
,
7-30
25C
common
Insurance
6-30
$1.50
—
America
com.
Commonwealth Investment Co.
Life
7-
683/4C
(quar.)
(quar.)
&
7-10
$25C
(quar.)
Solvents
Shearing
6-11
7-10
7-20
77-
10-
37MiC
preferred—^
B
Consolidated
District
Enterprises, Ltd.,
(quar.)
Commercial
1
7-20
,
BltyO
Co.
Co.,
6-11
25C
—
Gas System, Inc.
Insurance (s-a)
Credit
$3
v
25c
1-./;
(quar.)
(quar.)
Stone
(quar.)
Inc., com.
6%
(quar.)——
preferred
3.60%
6-9
6-4
$25c
5%
preferred (quar.)____
i,_.
Consolidated Investment Trust______
Consolidated Lithograph
Mfg.
Co.,
Ltd.—
De
,
Commercial
!
$1.75
—*
Title
f
v.
7-20
8-14
6-24
30C
_
:
'
,
6-30
—
__
!
"J
1
1
25c
Radio
Columbia
,
-
89-
62Mac
(s-a)— _——_______
(The)
■
1
y,
Bottling Co. of St. Louis
Columbia
6-15
50C
common.——
Extra
7-1
;
$4
(s-a)—.
preferred
6-19
5-24
5-2L
,
(quar.)
Co.,
1
6-15
6-14
Pacific—
.—
Iron, common
'(quar.)
A
7-
6-15
-
$37
$1
(quar.)
&
6-10
1
30C
Illuminating
Gas
7-
$1.75
'
International
Commonwealth
—
4
9
$2
$20c
—
6-
6-
$1.25
(quar.)
Commercial
7-
6-19
7-15
v,
&
6-18
-
4
4
Co.—
Fuel
6-
'•2
1
6-
(quar.)
Colorado
7- 2
6-
6-19
;r
6-14
4
6-15
$1
V
0-14
6-
25C
;
$1
47>
C
series
Gas
5-28
6-10
$1.37 Ma
&
5-21
6-15
1
7-1
10c
(quar.)
series
'/a 7o
Consolidated
6-16
6-30
1
6-
10c
Corp
Electric Light
7%
6-16
;
25c
(s-a)
(quar.)
Co.
6-15
25c
Sand
6-21
4%
6-15
;
6-
Baltimore—
4
""
v
common—
&
1
4
$2.50
______
RR.—
Colonial
Ltd.—
com.
1
Colonial Life Insurance
Ltd.—
(quar.)
1
7-
6-14
\ V 6-30 ;
V0-3O,v
$32MiC
$75c
Canadian General
7-
75C
6-10
$25c
Corp.,
50c
—
Co.,' $2.75 pfd. (quar.)
Colonial Ice Co., $6 preferred B (quar.)
($1.12 Mi
(quar.)—
Foreign Investment
6-30
$1.75
Cockshutt Plow Co. (s-a)
Colgate-Palmolive-Peet Co.
7-
4
6-
6-15
-37MiC
Engineering
Gas
Common
7
6-
15C
...
preferred
-
7-
v
——
—
_______
Corp.
(quar.)
Peabody & Co.,
A
7
6-30
—.—
Industries
$3.50
"
6-25
i: ■'
RR
f
6-10
6-30
8-1
50c
—_
Cliffs
A
1
87V2C
.
;—___
Mahoning Ry. „(s-a)__
Stove Co. (quar.)__
Electric
Cola
2
$18%C
A-
Canadian
Coca
7-
$40c
'
;
preferred
Class
6-10
$30c
Co.
Canadian Food Products, common (quar.)
■
6-10
,
6-
;
Class
7- 2
$75C
7-
75c
(quar.)_—_
—
Coca-Cola
7- 2
.
6-21
(quar.
Co.,
Co.
preferred
J25C
:
6-30
(quar.)__
(quar.)
Counties
131 Vic
$106.
Celanese, Ltd., common
(quar.)
: $1.75
preferred
(quar.)__
Canadian Chemical Co., Ltd., pfd. (quar.)
preferred
6-21
2MiC
9
Participating
Canadian
1
(quar.)__
Coca-Cola
5-31
'71-
.7-
30c
preferred
preferred
47c
5-31
6-15
-
•
50C
/
1
6-15
6-15
10c
(quar.)
Consolidated
6-10
6-
preferred
preferred
2nd
6-15
6-15
Co.
Molybdenum Co.
47c
6-15
6-30
6-25
Electric,
Quarries
Cluett
1
1
y
B
Consolidated
Crane
Co.—
preferred
Clopay
'
$1
&
Worsted
5-lo
4
6-28
1st
6-18
:
4
86-
$3
1st
17c
~j;.ii..t5c
115c
I
pref.
Oil
(quar.)
Paris Dry Goods
Clinton
,
6-
6-14
7-
A
Climax
6-14
*
participating preferred class A
$5.25
6-15
10c
(quar.)
Cleveland
1
6-18
1
common—_—_
Tool,
Securities
Service
$4.50
7-
V:
$1.12 Va
(quar.)—
(s-a)
Cleveland
6-15*,
6-10
12MiC
Co-operative
6-15*
8-15
$50c
Co./ common (quar.)___—
(quar.)
Canadian Canners, Ltd. com. (quar.)i______
;
; 57c 1st pref. (quar.)
preferred
*
Participating
; V
60c non-cum. conv.
1
1
1
6-20
•:
f
(quar.)
$4.50
5
75c
(irreg.)
Quincy
&
w
5
6-
7-15
$1.12Mi
preferred (quar.)_
Machine Co. (quar.)
Cotton
ExtTa
6->
'• 7-
6-21
15c
Equipment Co., common
preferred (quar.)
-
$$1.25
Canadian Bronze
57c
5-21
6-28
;
______
Pneumatic
Cleveland
i'ii
(s-a)
&
—
1st
6-21
/
25C
Burlington
of
6-18
2%
Controller
..
»'
6-
:
(quar.)
preferred
Coast
Ltd.—
preferred
2.
6-15
t$i
Co.
6-30
40c
:
(quar.)_
-
.
preferred
Mfg.
Cleveland
:
Ltd.—
':
Steamship Lines,
non-cum
.
16- 7
6-19
$25c
Canada
7
6-
•
1
3
75c
(quar.)
Consolidated Edison Co. of N.
Y.,
$5 preferred (quar.)
6- 5
25C
;
dividend)
Cleveland
(quar.)
*
preferred
57c
6-7
2
7-26
pfd.
V
50c
JV
_—
,u
(quar.)
;—________
$37ViC
Machinery Corp., Ltd. (s-a) ______ ;
$25c
Canada Malting Co., Ltd. (quar.)__
$50c
Canada Northern Power Corp., Ltd.
$15C
(quar.)
Canada Permanent Mortgage Corp. (Toronto)
Quarterly
$$2
67c
Clark
7-
$10c
Co.,
Clearfield
7-
V
quar.)—
(quar.)_
Clark
6-21 .(
6-21
15c
(stock
preferred
'17c
y,
i
6-21
1
7-
,
Power
Products
convertible
17o
r,
6-15'
77-
Canada
Class
1
6-10
7-2
Class A
Canada
6v
L-
$1.06 V*
$3
17c
-
7-1
■
Wire
convertible
Class
1
1
$62 Vic
Stone, Ltd.
&
6-
'V
Dry Ginger Ale, common_______
preferred ^quar.
$4.25
V
1
20c
&
City Auto Stamping Co. (Increased).
City Ice & Fuel Co. (quar.)
—
City Stores Co., common (quar.)
9
5-21
.
6-15
7-
.____
&
Cities
2v_
6-
6-15
7-
;■/
Steel
City
25C
,
preferred >(qnar.)„______*_il_*__4
62 ViC
Co., Ltd., common
$10c
1st preferred (quar.) J—
t$1.12Va
Canada
1
6-
$1
;
Light
Cincinnati, New Orleans
6-15
6-19
50c
Co., 5Ma% conv. pfd,. (quar.)
(A. S.) Co. com/ (quar.)
Campbell
6-16
34%Cr'.
_________________
Camden Forge
Investment
Ohio
4 7c
.6-10*
•-
62c
60C
;—_
4.
Service
1
6-15
_
!'\7
i
(increased
5%
'
6-15
i<
15C
■„
Co.-*fVv
J1
1
7-
50c
(quar.)
Inter-Terminal
75c.;
v; :
(quar.)
(quar.)__
Pacific Utilities
California
pfd__
preferred
Cincinnati
1
10c
■
$2.50
(quar.)
1-
50c
,
6-14
6-14
6-15
Service
Co., $5.50 preferred (quar.)
Chipman Knitting Mills, 5% preferred
17c
preferred (quar.)————
6-18
6-
1
7- 1
,
15c
Childs
5-15
(quar.)
Power
Co.
rrE
7-
$1.75
6-11
Public
Gas
6-15
'
Electric
1
$1,183/4
2
6-14
Light & Power
Inc., common—^
preferred
(quar.)
preferred (quar.)
Consolidated Bakeries of Canada, Ltd.-^
Quarterly —
Consolidated Chemica4 Industries—
of
6-
10c
(s-a)_
40c
6-18
Illinois
Cincinnati
6-15
'
6-
S7V6C
Management
40c
$1
6-15
15c
Connohio,
,6-18
Christiana
$35c
w
2
6-30
1
Chrysler Corporation
$1.75
________
7-
7-1
6-18
7-
31V4C
k
<quar.)_,
Products
■California
California
7-.
6-19
7-1
6-18'
•
6-19
1
&
6-15
;
6-12
1
7-
7-
17c
6-15
7-
1
7-
—
6-15 /
7-
__
5%
;
5-29
1
7-
$1.02 Mi7
Chickasha
6-15
6-12
60c
——
6-10
7,
6-15
1
$$1.75
preferred series A (initial s-a)__
Chicago South Shore & South Bend RR.—
Quarterly
;_
Chicago Towel Co., common
6-16*
6-10
7-
7- 1
7-
25c
57c
6-10
2
■'.!
40c
(quar.)
Co.
Chicago Rivet &
Chicago Rock Island & Pacific
6-18
7-
.
;
'
6-15
f
6-19
r_
6-15
6-15
$1.12 Ma
Chicago
4-17
1
6-30
$35c
1
1
$1.02 Mi
Extra
5-17
7-
7-
7-
60c
(quar.)_
Trust
&
Chicago Mill & Lumber
6-11
10c
.
Butler Water Co., 7% preferred
Butterfly Hosiery, Ltd. (s-a)__,
Byers (A. M.) Co
1
90c
$1
6-18
Chicago
.
1
6-15
(quar.)—
lfic
Burlington Steel Co., Ltd
$15c
Burxard Dry Docks, Ltd.—
v"-'.'•/;///
45c participating class A (quar.)
$llc
Bush Manufacturing Co. 4M27c pfd.
(quar.)
28Vic
5 7o preferred (quar.)
31V4c
Bush Terminal Bldgs. 7%
pfd. (accum.)
$1.50
Butler
(P. H.)
Company, common.
>
20c
5% preferred (quar.)_
31V4c
—.
1
7-
6-15
1
1
Extra
-
6-11
$1.50
'
—
Co.
6-
20c
_
Burd
6-21
1
6-15
$1.75
_—
7-
7-
Chesebrough
1
35c
^
6-30
32MiC
3 Mi 7c.
5-14
30c
_
,7 % preferred (quar.)
Buckeye Pipe Line Co
Buckeye Steel Castings, 6% pfd. (quar.)™
Budd Company
Buffalo Niagara Electric 3.6%
pfd. (quar.)
Building Products, Ltd. <quar.)
Bulova
6-
;;*/ $1.25
___
Buck
6-30
7-
25c
i
6-11
6-15
$30c
7-15
$1.50
Champion Paper & Fibre—.
$4.50
preferred
(quar.)
Chapman Valve Mfg. (quar.)
Cherry Rivet Co. (quar.)'
Chesapeake & Ohio Ry., common
6-15
f
6-30 ;
6-15
933/4C
-
1
6-30
$1.37 V2
__
4
6-17
Common
6-
90c
______y
4
6-
$1.75
Century Ribbon Mills (quar.)
Chain Store Investment
Corp.
j
1
(quar,)__
(initial)
com.
6-
6
7-20
-
58 %C
Certain-Teed
7-
;
_______
6
7-
5c
4 Vfe%
prior preference (quar.)
Century Electric Co.,
Common
(cash
dividend)
20c
>
-_w-
7-
12 V2 %
:
common
6-30
$1
'Extra
2
,,
7-30
7-15.
'J;';..' 20c
(quar.)_
8-
1
Central
6-15
ISistlliers,
Brown-Forman
(quar.)
Extra
6-30
50c
,
Bank
Central
15c
____
1
(quar.)
Investment
Connecticut
6-23
9-
Inc.
6-15
$$3
(s-a)_—
Holder»
Payable of Rec,
25c
Extra
6-15
1
7-
Central
7- 2
>
(quar.)_
1
7-
9-10
$1
4 7c
■
15c
7-
50c
preferred
Congoleum-Nairn.
7
(quar.)
Central
vV'
8-
6-
12 Mi %
_
—
7- 2
$15c
6-15
$1
(interim)
partlc.
Connecticut
6-16
Gas, com. (quar.)
4.10 7o
preferred A (quax\)___
4.10% preferred B (quar.)_—
Central
Illinois
Light, 4y2%,pfd. (quar.)
5-28
6-15
7-15
6-15
$40c
7
6-16
$2
Corp. of America, com. (Increased)
$4.75 1st preferred (quar.)__
11o 2nd preferred (quar.)_
Central Bag & Burlap Co. (quar.)
Central
Cold
Storage
(increased)
Hanover
2Vic
________
6-
6-30
Celanese
Central
$$1
6-25
'
Publications
(quar.)_
Confederation Amusements, Ltd.—
6%
When
Share
Nast
Class
6-30
!
6-I0
•'s;
6-15
50c
Co. com.
7-1
,
6-30
7
*
(quar.)_
5-25
V
:
■
Co.—
Broadway Market Corp,
Brockway Motor
Co._™™______
.
(J. I.)
B
1
(quar.)
>
$25c
—1$0.234375
(quar.)
(E.
1
5-25
30c
________
Ry.
(s-a)
British Columbia Power
Brooke
6-
6-30 "
-6-
preferred
30c
(quar.)
Co.—
(quar.)___„
Columbia
A
6-11
•
6-15
,
6-15
40c
(quar.)
preferred (quar.)
Cassidy's, Ltd., 7 7o preferred
7-15
50c
1
25c
3Mi'7c
6- 1
$25c
_____________
Columbia
Class
6%
50c
preferred
prior
1
35c
6-
7-
*
$$1.50
$1
British-American Oil Co., Ltd., com.
\3%% preferred (quar.)
57c
Corp.
Case
$25c
British
General
6-14
$1.25
;
_
;
preferred
6-12
9334c
4%
&
47o
7-
(quar.)____
British
Corp.,
r/t
$1.37Vi
—
pfd.
6-10
(quar.)
(interim)
6-19
<
Corp
Co.,' 33/»7c
2
Carthage Mills, Inc., common—
6% preferred A (quar.)
01-dinary
50c
__
Brass
7-
93%c
Telegraph
6-15
British-American Bank Note Co., Ltd. (quar.)
British
&
7-1
___.—_
Manufacturing Co., Inc., com.
6-14
50c
1
B
1
6-17
1
com.
Paper Co., common
4 7c
preferred (quar.)
Caireras, Ltd., class A ordinary
Carrier
6-
7-15
7-
65c
Kennedy (quar.)__
.■_*
Mfg. Co., com. (increased)
(quar.)
Telephone
6-30
$10C
$50c
50c
1
(interim)
i
$37MiC
4
(quar.)___
75c
_______
6-10
(quar.)
37Vic
—_
2
25c
preferred
6-
(quar.)
Bright (T. G.) & Co., Ltd.
Brighton Mills
(s-a) _
7-
$37'/2c
6-
____
Bristol-Myers
(quar.)___
Co
6-15
:
—_
6-10
6-10
Carpenter
5-29
6-30
Ltd.
31 V4c
__
Co
2
2
$$1
50c
Bridgeport Brass Co. 5Mi% conv. pfd. (quar.)
Bridgeport Gas Light (quar.)
Briggs & Stratton <quar.)__^__—!
Class A
Carolina
5-25
77-
:
6-30
,
Braziilian Traction, Light & Power Co., Ltd.
,6 7c-. preferred
(quar.)
Bristol
3%%
6-16
.
6-15
$$2
(quar.)
1st preferred (quar.)
Class
(initial)
(quar.)
&
(Philip)
preferred
11-25
-
$$1.25
$1
com.
Sons
*___
pfd.
$3
__
Bearing
8 7o
Lumber
convertible
Baxter
57c
Rubber
&
12-15
City Products-.
Records, Inc.—
5-28
1
6-15
$2.50
Co.__
Hose
5-
$1
RE
$15c
(quar.)
Carborundum Co.
4
6-
6-15
25c
„
preferred (quar.)
prior preferred (quar.)_
Bower
Brillo
.
A
Carnation Co.
,—
preferred (s-a)
Eotany Mills, Inc. new
Extra
<
$1
62 Vic
s-a)
Club
class
Capital
Capitol
6-30
6%
5%
$1.50
6-30
Corp.
Scrymser Co
,6%
6-30
(quar.),—
(increased
&
6-30
7-15
Management—
Book-of-the-Month
Boston
7-15
Western
Per
Name of Company
Conde
Ltd.—
Co., Ltd. (quar.)_
Canadian Wirebound Boxes, Ltd.—
$1,50
.
8-25
Canadiaa Westinghouse
25c
/
....
I
Bondholders
Borne
6-15
37Vic
com
B
Class
Canadian
1
25c
Aluminum
Class
6-11
6-11
7-
25c
__
Co.
Laughlin, Inc.
Bon Ami
6-30
6-30
$1.50
(quar.)
5% conv. preferred (quar.)
Bloch Bros. Tobacco, 6 7c pfd.
Bohn
1
,50c
.
(s-a)_—
6-11
9-15
$15o
Oil Cos., Ltd.,
preferred (quar.)
53
Hnldert
6-25
Quarterly
Canadian
(2621)
Payable of Rec.
$$1.50
1
preferred (quar.)
Canadian Silk Products,
.
Blaw-Knox
Bliss
&
_
6-15
When
$15c
Motor ^amp Co.,
50c
(quar.)
T
Sivalls
Extra
$1.50
1
(quar.)
Quarterly
Canadian
5c
Mfg.
____
Blackhawk-Perry Corp.
Black,
(quar.)_
Co.
47o
15c
Birmingham Water Works, 6% pfd.
Black
25c;
12Vic
„
;
(quar.)
CHRONICLE
Share
Ingersoil-Rand
Quarterly
50c
com.
(quar.)
of Company
Canadian
«1
Bingham-Herbrand
Binks
Name
2
Extra
.
FINANCIAL
Per
Payable 0] Rec.
50c
__
&
' Hoiaert
When
Share
(quar.)
Special
COMMERCIAL
7-2
115c
$$1,75
7-2
6-4
7-15
6-1®
2
7-2
.
7- 2
6-1
Monday, June 14, 1948
CHRONICLE
COMMERCIAL & FINANCIAL
THE
(2622)
54
r
6- 4
7-
1
6-10
$25c
7-
1
6-10
Quarterly
First National Stores
(quar.)
A
7(6C
6-30
6-19
First
6-30
6-19
Fittings, Ltd, class
Flintkote Company,
—
_____
(quar.)—
common
& Lomason,
Douglas
$20c
Extra
2%c
—,-r-—r
Co.
Power
Duke
com„
7-1
Florida
7-
1
6-18
Follansbee Steel
75c
7-
1
5-29
Food
50c
7-
1
7-15
15c
7-
3
Eaton Paper Corp.
7-9
5-28
7-1
3%
6-30
6-15
6-30
4-15
.7-31
7-19
Fraser
5-24
Froedtert Grain &
Frankfort Kentucky
6-14
$1.12(6
7-24
7-
9
87 (6c
7-24
7-
9
$1.25
20c
*6-15
6-30
6-10
6-
6-15.v
$1/25
1
6-15
$1.50
4-18
4- 1
$1.50
Bfli
$1.50
8- a
4- 1
7-18
$1.50
$1.40
7-
1
6-4
$1.20
7- 1
6- 4
7- 1
,50c
•$1.50
,,7- 2
$25c
6-19
.6-30
25C
6-30
6-30
4-19
20C
»6-25
6-15
6-15
.21c
4- 4
6-4
•
6-21
6-10
■
,
Electric
41.50
6% preferred (quar.) —
Electric Power & Light $6 pfd. .(accum.) —
Ferries,
Electric
$7 .preferred
(accum.).
Electrical Products Corp.:
Company
Elliott
1
6-10
25c
4-15
3%%
.6-15
3%'%
7-15
7-
50c
.
,6-15
7-.1
.6-21
41
7-26
6-30
$1 1- 25-49
12-31
$50c
>$i
Railroad
6-18
1
4-18
6-15
f6- 5
25C
—
40c
—
:
5^29
it 10C
4-29
30c
•:7- 1
,
6-26
6-11
6-30
6-15
4240
$2.50
15C
6-10
8-
6-10
6-23
1
6-30
t$l
8-18
4-12
41
6-22
4-1
,10c
.6-30
4-17
,25C
4-15
v6-
1
45C
6-15
6-
1
3C
7-4
6-15
,35c
6-22
4-12
20C
6-22
6-12
(s-a).
6-10
62'/2c
7-
6-
1
80c
6-21
30c
Building,
(quar.).:
Inc.
(initial)
6-15
I
FJAancial Industrial
(quar.)
Fund, Inc
<6-
-
Gordon Mackay Stores,
Class B
^
of
ii
Horner
i
Hoskins
1
1
1
6-15
7
\
Howe
4
7
Hubbard
"
:
6-18
Great
Great
Plating Co.
Northern Ry.
6- 5
(6-11
4-11
r6-
41.06 y4
6-30
4-15
25c
8
Great
7%
preferred
(quar.)
common
4-15
'5-15
'6-15
6-1
1
.6-21
645
5-26
6%
25C
.
Green
(D.)
(B.)
6-15
6-
"5-29
6-14
(increased) _1_.
6-15
•
v.
'
^
guaranteed
6-21
Telephone Go.—
'■:
Brewery
Griggs Cooper, 5% 1st .pfd.
5% "1st preferred 4quar.)_
Co..
——
—
—
(quar.)__^„_
7
8-
7
10c
6-23
6-10
^6-23
.6-10
*
41.50
«6-21
5-24
,
40c
7-
2
6-10
7-
2
6-10
640
5-31
4
25c
7-.1
$146%
7-1
-
.7-- 1
4425
7- 1
-$1.25
40- 1
6•
5 %
-i
'446
'5*31
7- 4
>
5 -31
444
*5-14
>6-18
;648
5%
:
preferred
preferred
5%
preferred
Inter-City
6%
'
'7-il \ .p6-
745
7- I
7-
■
7** 7
(647
1
447
9- ,1
.440
$1.25
7-..1
442
41.25
10- .1
443
'70 c
—.
Ltd.—
$50C
470
440
$$1.06%
470
*640
.$$175
4*30
449
1
4- 2
—
__
pfd.
$3
(s-a)
Ltd
Coal &
4-J6
—__—
participating preferred
International
448
$1.25
—
A"(quar.)_____—
International Bronze Powders,
6-14
*670
7- JL
C37 %<r
(quar.)
Baking,
)473
jB-15
60c
-
$1.03%
-50c
472
4-7
470
4-16
237 %c
:—___r_
745
" tl%C
6-15
Ltd.—
(quar.)__
Coke, Xtd._______
7-
$75c
Inspiration- Consolidated Copper——
'
'6-25,
473
•6*23
J$l-
(quar.)
preferred (quar,):
Ingersoll-Rand Co. *6%
•
-410c
——
—
.4-14
-
473
2%
-4Cc
______
:
4-15
,
7- 1 " <645
J5%
Co:—" ~
(quar.)
(quar.)
preferred A (quar.)_
preferred A -(quar.)
4%%
6-25
9-25
A«20
:
•
_________
Industrial Acceptance Corp,
.
1
7
'649
12-20
7-4 ; *641
$1:18% '
$148%'"
preferred -(quar.)
Indianapolis Water, class
5%
6-7
6-
4-16
:
Extra
4%
6- .3
6-15
; 7- ,2
7.5c
i
,
(quar.)
Indianapolis Power; & Light
Common (quar.),
6-
40c
4-17
4-16
445
t$2
-(s-a)
preferred
4y8%
945
475C
470
7
50c'-
Independent Pneumatic Tool Go.____
Indiana & Michigan Electric—.
•
7-15
441.
4*26
«
«$1
; v.
(quar.)_
J.
5-20
45c
.1
Wire Co, Ltd
Western
"
6-14
1 '
4- 4
■"■*7- '2
■
Imperial Paper & Color fcorp. (extra) _______
imperial Tobacco Co. of Canada,-Ltd.—
1
•'•6-15
7,
6-15
Griesedieck
;•••'
<$1.75
Company—.—
•
Ltd, common.:../*-——
725c '
7- T *
Class, A preferied (s-a)__
—.
■
J75c:
4*25
Hubbell (Harvey), Inc., new com (initial)
1 "*v
50c
644
Hudson Bay Mining & Smeitlng Co, Ltd.__ 4: t ; 7$1
4r30
Humphreys Manufacturing Go, common
30c •'4-30
6% preferred (quar.)
^
-$1.50
Huttig Sash & Door
•■/•'"^■':■ ■■■ >
€40
5%
preferred (quar.)_
'$1.25 '
'9130
5%
preferred (quar.)I
//
':y $1.25
12-30
5%
preferred (quar.)
"• <$1.25
Huron & Erie Mortgage Corp.— .
$$1.25 ;r
7- 2
(London, -Ont.) -(quar.)___________
Hyde Park Breweries Association, Inc.
Quarterly -1
L_I
J- * 35c v
7- 5
Illinois Central RR. (Leased Lines) — r'p ' -
$4.75
15c
—
6-7
449
Co,
Common
Ltd.—
(quar.)
-preferred
,4-19
;6-30
(quar.)-
Imperial Chemical ^Industries, Ltd:-- -*American deposit receipts (final)
,
45c
;
25c
;
:
:
<6-7
4-75
4166%
Ltd.-—.y
quar.)
''. 425c
(Texas)
Co.
Felt
Illinois Commercial
1
1
7-
IOC
30c
?
6-
1
-'7--L
:
9334c
!
(quar.)
2nd
Greyhound Corp, common (quar.)
4% %
preferred
(quar.)—-
4
<7-
.
Co._______-____/___——:••
Sound Co.
4%
6-
6-15
40c
Great West Saddlery Co,
Greenjng
6-18
v7-
-
425c
—
(quar.)
6-4
6-15
5-15
■»'
—
6- 4
1
.6-15
.$1
A 6*23
.
'*
•10c
—
Co,- non-cum. pfd._—
Western Sugar,
\
.
•/5-15
common:—.
6-22
7-
<6-10
-645
—
Lakes Engineering Works,
Lakes
6-18
$2
(quar.).——
Quarterly
Great
6-25
$3
43
.7-2
—-—.
preferred (quar.)
:
—.—.
American Indemnity (N. Y.) (quar.)~
American Insurance ,Co.
(N. Y.)—-
5
6-18
4$1
ic
common
1
646
'
3%%
Great
4-25
35c
Co
Co,
T.)
(W.
>6- '7
5-14
-
Grant
'
'6-21
,5-14
41'
'4-30
*$1
6-4
'
6-15
Varnish Corp..
Grandview -.Mines
'
6-15
6-
B-18
-6-7
445
'
(6-18
<6-30
Oil
Houston
<f6-19
,.,»6-18
4-15
'
4f21
(increased
Mfg.
6- 4
6-
1
■r7-4';'
■*
7-15
412 %c
A
7 640
7- 4
-
Grand Rapids
'
'
•
>6-15
-i.v:
Mfg.
.
.$1.12%
Gibson/ 6% -preferred
Hotel
.6-
,6-30
Co..—
——...—:
Gorton-Pew Fisheries, Ltd. -(quar.)—.
W
Grafton &:Co„ Ltd, class A (quar.)——
Gorham
y,«-'5
;
7- 4*
/- 30c '
,7-4
<;$1.50
.4**
"
HOudaille-Hershey Corp.—<•».
J 7-'4!
$2.25 convertible preferred
(quar.)_ —
56%c *
6-30
Houston
Natural Oa$,>.
#Qc '«
4-30
5 %
preferred (quar.)_
' 62%c , -6-30
6- 5
16-
•7-
„,(Frank W.),
Class
46-
<6-30
Oil 'Corp.
preferred 4quar.)_/
(quar.)
$4.25
;*
4t2%c
Ltd, class A (quar.)
645
(6- 4
:25c
■4 6- 6
448
»50c.
"642
4*21
; ;JZ5c .
...
-j
t$l> v <6-15
*5*26
'.".'y :»::X,••■■.>?
:•.< t
:
Hoover Company com.
1
tt2%C
(quar.).—
1
7-.1
A
4Cc
<.
4%% preferred (quar.
41
Canada,
Co.
4-*15
•'i
1
-7-
pfd:-.(quar.)™ *J;C:"'?1 '
_ 4 J, \75c ;
1
<6-19
..'7- 4-
———
4- 5
.20c
Finance Co.
Co. of Pennsylvania
;
.6-16
4-30
-•/.
(quar.)
Industries—
30C
...
of America at Baltimore—
Class A
(quar.)—
Class B (quar.)
(quar.)
& xRubber
Lakes
,
Y.
"
<6-15
4125
(quar.)-
4rl5
,7- 2
,35c
(Marshall) & Co. 4(4%-pfd. (quar.)
645
6-15
,
.
-6-21
41-25
common
4-4
7-4 ;•
7-
>
'
.
& Whitney, $4
Electro-Chemical
Hooker
♦649
.
41
(quar.)
Great
15c
Fifty (Broadway
.6-14
7- .1.
"
•
(56%c
common
& Rubber,
preferred
Goodyear Tire
Ltd.
Co,
6-15
7-2
-40c
Inc., (quar.)-..
6-30
;
Honolulu
40c
1
__
Trust Co. of N.
7-20
<6-24
.40c
F.)
(B.
^preferred
Great
__
Co
•
■
)
35C
7-15
4-15
15c
'
Hnanee
6-23
6-25
-
—
$5
,9-15
Co.-—"
Corp..
50c
Co,
='
; .
Company
Holyoke Street Railway
Home Title Guaranty Co. (Brooklyn)
Homestake Mining
Honolulu Gas Co, Ltd.
(quar.)
Holophane
646
Knitting
Goodyear Tire
4-18
i
50C
—
'Extra
Field
,7- 1
lo-
$1
(quar.)Brewing, Ltd. (annual)—
Fiduciary
<6-19:
1'."
41.50
..(quar.)
>
77-4
.
4140
.
Quarterly
Hollingsworth
'6-18
.6-18
100%
.
*6-14
;:4- 4
4-25 *
'■
'
(648
6-30
6-30
<
Goodrich
7- ,1
__________
Stores
Company, -common
$5
preferred
Fidelity Fund,
<
648
16-30
,v
i»
6-15
444
.
,
6- 5
t25c
10c
(quar.).
Ferry pap & Set Screw
<6-18
.7-4
/60C
Golden State
6-5
j
37y2C
„
&
Enamel
i'7- 4
15C
'.",'1:'
<
,6-3
'
6-15
15c
.
•6-12 7
:
,7- 1
—
<V;
r
8
6-
6-29
$li06%
/
!
6-10
17-4
81 %C ;:
45c
4-15
'
6-10
V 6-30
93%C
*»
f
6-28
:
A
.6-30
'.7- d
Ltd, common (quar.).:—
:>V. 41 '•
4%
preferred (quar.).———
10c
Goodall Rubber Co, Inc. (special).—__.—
56'/4c
Shops,
Extra
4
6-5
,
Ferro
6-10
6-
...
Fenue
•6-.1
1
7-
4-15
(initial).
Smelting
Federal Motor Truck Co.
Federal Screw Works
(quar.)
Federal Water & Gas (Increased)—
Febr (Frank) Brewing Co, 6% pfd.
Felt Si Tarrant Mfg. (quar.)
5%
,6-15
4-14
_
Shoe
4- /2
*
preferred (quar.)
*.-6-30
20c'
Works (quar.).—
<$1/75-.
Globe-Wernicke, 7% preferred (quar.)_——
7- 4
41
Godchaux Sugars, class A
—————■
4142% ' -7-4"
$4:50 prior preferred (quar.)— —:
77- 1
41.50
Gold .& Stock Telegraph
(quar.).—
—
4-4
30c
Curme
'
'6- 4
6-15
6-15
•'
.
Inc. (quar.)
Federal Fire Insurance Co. of Canada (s-a)_
&
4-30
65c
Rubber Co.—
Feltman
-
4'/2%
25c
:
Mining
t
2:,
"6-15
—
>
<6-30
4L06%
•,
645
{
>45c
</v <
6-21
<745
tfil%c.
f$l
% $1.75
;,
(quar.)
;
•"
(645
45c.
10- 4." -9*15
Quarterly *
45C
'5^28
10-15 *
Hendry (C. J.) Co, 5%% pfd. (quar.)_1
• 34%c
7- l
6431
Henkel-Clauss,
$6 preferred (quar,)/ ,$I.50
7- 1
4^21
Hercules Cement Corp.w (quar^)__—________
25c
440
6-25
Hercules Powder Co.______4-i—-----35c
445
Hewitt-Robins, Inc.
(quar.)—
—_
/ 26c •
Hibbard Spencer, Bartlett &<Co. :: ,•■ >V;:
; '<•■••'.■
445
4*25
Monthly
%.: :25c
7*20
7-30
'Monthly'
<*
i25c
#0- *5
4-30
Hinde & Dauch Paper Co. (quar,) ______
50c'.
5-31
.1 -7-/24
Hlnde & Dauch Paper Co. (Canada)
(quar,)
425c
7- 1>
(6-18
Holland Furnace Co.
(quar.)__
__:
—; (5Bc
Hollinger Consolidated Gold Mines, tLtd.-r—
■ :A/', r
kV
(6- 2
4-30'
'6-30
2
8-
-40C:
i
,—
preferred
7 %
Hemisphere International Co.—
New
Orleans
(quar.)
:
5-25 7 7 /
445
•
-
7 6-15
25c
50c .V,
(quar.)_—
-
■
■>. rfH 1^"- 641*
x 25c
common
-t
*5*28
1
43%c
-
Brewing../—
preferred, (quar.)i__//_____i____-_/
(George W.) Co, common_i__I____4
Helme
'6-11*
6-30
.
25c
—_
Glidden
15C
________
Farrell Birmingham Co, new com.
Federal
4
15C
(quar.)
Inc.
25c
Power Co, $6 preferred (quar.).—
4-4 •:
41.25
-preferred (quar,)..:——
4-30
41.12%
Gerber Products Co, 4y2 % pfd. .(quar.)___
:*/. ■ 45c ■* .6-29
Gibson
Refrigerator Co.
(quar.)
<6-15
100%
Gielow (J, J.) & Sons (stock dividend)—.
V 6-30
:45c :
Glen-Gery Shale Brick Corp. (quar.)_.——.
>6-15
25C
Glrdler Corp.
(quar.)
449
30C
Gleaner Harvester Corp. (quar,)..
Globe
Nickel Mines, Ltd...
..
Family Finance Corp. com
..
»
4(6% preferred A (quar.):
Famous-Players Canadian, Ltd. (quar.)
Fanny Farmer Candy Shops (quar.)
__
Farmers & Traders Life Insurance Co. (Syra¬
cuse, N. ,Y.)
(quar,)
Federal Bake
7-
6-
,
Company,
J.)
(H.
Heinz
<6-16 r;-
'7-4
25c
,
>
Goal Co.__.
Glenmore Distillers,Co, 6% .pfd. ds-al-i-i
Glens Falls Insurance Co.
(quar4__^._—
6- 2
6-28
(G.)
Hein-Werner Corp.
'
<6-18
■■
"7-4
:25c
Fund of Boston—
& Lumber—
Extra
•6-15
_
,
•
■
Glen /Alden
4-20
__________
Park.
i
4-13
Products
Extra
1
11-15
Faiconbridge
Faultless
6-
6-15
50C
Semi-annual
Fashion
-
:
5- 7
;
9- 1
(Syracuse, N. Y.) —
Quarterly
7/
...
12 (6c
Ex-Cell-O Corp.
Fabricon
<7-6
$5
,12yac
(quar.)
Inc., 5% ^preferred
Plantation Co.——
Company
:
.$- /2
41.25
93 %C
.7-6
...
7t" 1 •'
12- 1
——
—
Eversharp,
Exolon
4- 2
(accum.)/__i;4-j™__iH-:
A
Co. ; (quar.) i/.____
Mining
<345%
Georgia Pacific Plywood
Stock dividend
6-30
7-31
$1.25
Manufacturing -Co.
(quar.)
Products
Co.
(quar.)
Exchange Buffet Corp.
,
.
preferred
Hecla
,25c
SOc
} :
.
645
6- (1
30c
'Corp.
Heileman
.
Evans
i-
<
10c
41,25
Erie
Excelsior Insurance Co.
'
7%
»
46-10*
1
7-
Hearst
•
645
7-4
i $1.50
Department
Consolidated Publications, 4nc.
Hearn
>
6-10*7
:7-4
'•
$1.25
;
Georgia
(quar.).,,.—
Co,
.:•',7-1-2
,75c
v
.
(quar >
George Putnam
6-15
1
50c
(quar.)—
A
6-18
•6-16
.
Ero
Ewa
4-15
,1
7-
(quar.)
Hazeltine
',7-/1
25C
-"•'.'.i
/.
A
'
■
6-15
-7- 6
1
4-
* "■
/ '40cr 7
•?
$6 2nd pfd: (finaljl^
(quar.)^_^___
Pulp & Paper,
Hazel-Atlas Glass ; Co.
Hawley
•'
Co, Ltd.—
(initial):
common
"
(quar.)
Class B
RR.-
Pittsburgh
preferred
5%
Class
6-28*
New
6-26
1
'/I-
$1.25
"
6-30
.25C
41.75
i(quar.)
Brewing
Genesee
6-28*
7-15
5-25
■;
4-12
4$ 1.75
preferred '(quar.)
preferred -(quar.)
preferred .(quar.)
AV<%
60c
17-26
i
Hawaiian Commercial & Sugar
•
'7-
common./„;;" 25c
(quar.)
—
*$1.12Yz
preferred
4%%
v
7. :
<6-1$
$1'
non-voting
B
,
'6-10
6-30
'5*27
7-12 \ '«6-4
4*16
6-15
75c
25c
*
non-cum.
Class
'5-14
•
pfd.
preference (quar.)_
—_
Corp. of America, class A common./.,
$3
6-5.
4-15'
40c
6-30
6-30
7-20-
Co,--Ltd.L___i/<-:-----—x-fetlCc
■
* 60c
Battery
Hat
6-8
5
5
Hart
,745
,7-31
.-.7- 4.
:
6%
Company,
A.)
Hart, Schaffner & 'Marx...:i/.—/
Hartman Tobacco Co, $4 prior pref. (quar.)
—
General Tire & Rubber Co.-—
6-15
7-1
70c
6-24
25C
(quar.)„—
preferred
7-,1
(quar.)
Co.
Coach
&
5% .preferred A
■
j
^6-30
convertible preferred (quar.)—
,
& /Heating Products, Ltd
Corp, 70c preferred (s-a) ______—
Erie
8-4
4%
683/4C
Enamel
Erie
Common
62y2c
-convertible preferred (quar.)-
.■nn:
5-20
6-21
Emsco Derrick St Equipment—
(k%
4-21
.,7-
15C
com
preferred (quar.)
5(6% preferred (quar.) '___
—
Ely <k Walker Dry Goods Co.—
7% 1st preferred (s^a)■————______
6%
2nd preferred
(s-a).'
...—
Emerson Drug Co, 8% preferred (quar.i __
Emerson Electric Mfg, Co, common (quar.)
7%
preferred (quar.)——
______
Emporium tCapwell Co
—
0%
Equity
1
6-18
■
50C
5-26
2
4-
;
'
6-10
25c
(quar.)
Watch
Elgin .National
?
6-18
7-1
♦
Paint Corp.,..
ifl'A
-V
6-18
.6-18
—
.
,
3-6421
^ /l
C
6-10
.
Harris-Seybold Co, eommon_____^_-___2__—
<
35c
4-25 y
$5 preferred
(quar.)^___i___it/.u___-__^_ ■
41-25
4-25
Harshaw Chemical Co. (Increased ijuar.).^ - 40c6-14 ;
6- 1
*7-'l
75c
/
6- 4: ?
7- A"i
-4-1
25C
ji -.*•
6- 4
,6-4 "
■
r7-:l
y3c
■,
/
7-jl
Public Service Corp^^r4147%
preferred iquar.)__..
41.50
-preferred (quar.)
—
'•$!
$4 convertible preferred (quar.).—
General Railway Signal Co, .com. xquar.)^ ;'V: 25c
; 41.50
6%
preferred (quar.)..
50c
General Refractories Co. (quar.)—.—.
; 50c
General Telephone Corp., com. /(quar.)——
.55c
4.40% preferred .(quar.)
—.
General Time (Instruments Corp.-^,
: -
>6-18
v
$1.75
—
<6-; 18
*6- 8
$6
6-15
1
1
6-30
,7-
(quar.).,,
(Calif.)
,6-15
$5:50
$1.50
(interim)
Electrolux (Corp.
6-30
General
6-14
.7-
.
<6-15
445
42 %C
,
General Precision Equipment.—.
5-25
6-10
*7-
75C
$1.25
—
6-30
41.08%
—
>
(quar.).preferred (quar.)
preferred
$1
6-19
:
<7-1
4-30
60c
12- 3
75c
8-10
6-io:
.
<quar.).;-'
-61;50> .
6-15
Harding Carpets, Ltd. <qu&r.)- 72OC ' 7- 2
6-21
Harnischfeger Corp, common (quar.)
;15c
7- 1
6-21
5%
2nd preferred
(quar.-)— , '$1.25
7- 4
Harris (A.) & Co.
; \
>•'• '/;-•■ < •:■.•.■■
...
,7-20
6 Vz%
preferred (quar.)
-$137 %
- 4- 41 r
/MJ-20
*5%%
preferred -(quar.)—
41.37%
41-4
6-30
Harrisburg Gas, 4%% preferred (quar:)
i$l.-12% ' - 745 * 6-14
Harri6burg Steel Corp.
iquar.)
/;/;
v 25c
6-28
>6-15
•
.
6-10 :
6-30
6-30
6-30
4% '
25c
c—
(M.
Hanna
6-30
;<•
7-1
7- 1
41
-
:
5t25
Hanson-Van' Winkle-Muflning •• Co.^__„___
,12-20
'
5-25
6-10
9-10
9-30
t
640 :•
12-10
-A
class
in
payable
stock
,
6^10
6rll j
,4-30
30c
-
dividend)
(Stock
6-11
6-30
10c
;
"
:
,6- 5
6-15
$1'
4%
-
dividend)
B <(cash
Class
6- 4
: 6-15
' i
dividend)
dividend
»
6-15
,<
'6-15
$1 :
.$142%
-$166%
of Calif.—
(cash
A
Stock
<6- 6
.
8-20
12120
25c
Co,
Co.
Oil
Class
'
6- 3
7-
V
—
$1 conv. 2nd preferred (quar.).
General Portland Cement Co.
.4-29
6-15
',1- I
„6-15
$1.J2%
1
4-15
-14c
——
Corp,—
Motors
General
4-15
;
7-15
$140
(quar.)_
Hancock
5-26
7-15
7-31
.-preferred
$5
4-15
4-10
,40C
7-26
6-16
—
«(extra)
.
37%c
37 %c
common
(quar.)
preferred (quar.i
Hammermill Paper, 4%% preferred (quar.)
4%%
preferred (quar.)
1
6-
7-31
—
(quar.)
x
convertible
•4%
6-30
65%c
.
25c
:
4-15
55c
series A (quar,)_——-—
Inc.* .common
Mills,
'
:
Watch
Hamilton
6-30
Transportation-
preferred
General
$1,62(6
(quar.)—,—
Auto-Lite Co.
Controller -& Mfg
Electric
•
6-19
—
El Easo Natural Gas,^common
5%'
1
7-
•
,$1.06(6
(quar.)
(quar.)
preferred
$4.50
General
$3.75
,
common
6-10
4quar.)7i__^__/-» V
common
F.)
Quarterly
Quarterly
6-23
742
475c
Flreprooflng Co, common—-——
preferred . (quar.).
Industries Co, 5% .pfd. -(quar.).
General Instrument Corp.
(quar.)
5-17
6-25
preferred (quar.)__
•,$137(6
Egry Register<Co, 5(6% preferred <quar.)_
;
35c
E1 Dorado Oil Works
—
$1.60
Elmira & WUHamsport »RR„ 7% pfd. (s-a) (Texas),
<6-30
12 %C
-
—
Cigar
6-28
,
7- 9
,
$25c
v.
6-15
(W.
:
640
7-1
.
.
640
20c
6-15
20c
7-4
$1
7-1
:25c
6-21
.•. '•
37 %C
6-20
(quar4_z._,
Printing Co. -(quar.)____
Halliburton Oil Well Cementing Co.—
1
7%
6-30
6-30
$2
.
1
General
6-15
1
7-15
50c
12 (6c
,
77-
General
16-15
"7-
.■V 75c
*«%%
1
Company,
preferred
4%
,7-31
0- 1 •
7- 4
t25c
$3Cc
450c
—
Co._
Lamp
M.)
common..-,
preference .(s-a)
participating
(C.
Hall
6-15
$1.25
(quar.) —
Natural Gas (quar.)-—
Ltd. (quar.)
—
Co, common
General Electric Co.
General
4-15
7-1
50c
^Stores—
'4 % % participating preferred (quar.)..—
Edison (Thomas A.), ;Inc, class A
6-19
4-25
IOC
•
7-
Ltd,
Co,
Brass
Haloid
1
6-
,
Quarterly
6-20
1
Canada, Ltd.—
Lime m Aiabastme of
aypstm
Hahn
4
;6-
6-15
<$35c
Inc._,—
—
General Box Co. (quar,).
l—
General Candy Corp, common (quar.)_r_.
6-19
25C
•<
J
25c
—,—
Hall
7-
—
<quar.)__
'Quarterly
Malting Co, com. -(quar.)
American
(quar.)
$4.25 preferred
General
Bottlers,
4-14
6-30
25c
;
■$1
•
37'/aC
Common
5
6-
1
,7-
General
b- ■ 5
7- >1
35C
,
6-.1
■6-15
,
6-15
7-
6-15
Garflnckel
7-1
$1.12(6
1
6-30
preferred (quar.)
30c
6%-preferred (quar.)
37 %c
(Julius) & Co. com. (quar,)_^»
•34% c
5'/2% preferred '(quar.)
——
•28'/«C
4 V-i ','o
preferred -(qugr.)
20c
Garrett
Corporation '(quar,).
—;—r
118C
Gary >(T.)
Co, $140 1st pfd. (accum.)—.
t30c
Gatineau Power Co, Ltd, ,«om. ,(quar.)„._
$$1.25
5%
preferred
(quar.)___
$$138
5y2%
preferred (quar.)—
—Gemmer Manufacturing Co.-—
>,
75c
$3 participating preferred A
?10C
General American investors, common
,<
$142%
$4.50 preferred iquar,)_.
5
1
6-
4-15
6%
2
6-
2
7-
fti%c
6-18
6-
6-15
25c
$6 preferred (quar.)
Utilities, common (quar.)_
preferred (quar.j__
Products, Inc., class A
Gum
6-30>
25c
.
Corp
»
25c
(quar.)
Oil
•
25c
the Loom,
of
$5 preferred (quar.)—
(quar.),
preferred (quar.)
$4.40
6-15
.
6%
Realty,
Gulf'States
1
6-
37*3i.
Inc. pfd. (s-a)
Fundamental investors
—
Gair
iRobert)
Company, common
8%,preferred (quarj
5-25
25c
.preferred
Electric
6- 4
$1.50
Company
preferred
$2.20
Fruit
6-15
7-15
_—
Companies,
Fresnillo
$2
Bros.
Paso
6-20
IOC
(quar.;
Pressed Steel
—
Foundation Co. of Canada, Ltd.
25c
-
El
7-22_
[. 62yac
37'/2C
Fostoria
$62 (60
Eyewater ,-Steel Co. (monthly)—————,
Edison
7-31
-
prior preferred
6%
.Share Payable of Rec.*
5-28
25c
6-21
6-17 :
61.25
7- 1
6- 9
$3
7- 1
649
$1:50
6-29
6- 4
75c
7-1
6-21
$1.50
7-1
5-20
25c
6-15
5-t20
$140645
6- .7
15c- 6-15
'» •••'""
„,
,
Gulf Power Co,
6-10
4-15
Foster-Wheeler Corp.
(s-a)——,—.'Economic Investment Trust, Ltd...,.——
Ecuadorian - Corp, .Ltd, ordinary—„—i,Ecfedy Paper Corp. (irreg.)_
Eddy (Paper Co, Ltd, class A (quar.)
0% iprior
5-27
—
6-16
1
6-15
10c
com
Gull
25c
——
6-16
Howard Balanced Fund
——
Howard Stock -Fund...——;——
&
Eaton &
6-4
Guilford
7
$1
5-28
(s-ai
(quar.)__—,
1
eiv4c
1
.Extra
-Eaten
Co.-—
Foote-Burt
-
B
(quar.)_^
Corp, common
convertible preferred (quar.;
9
preferred (quar.),
$3.50 preferred
(quar.)——
——
Duquesne Lighting, 5% 4st pfd. (quar.) —
Dtirez Plastics & Chemicals, Inc. (quar.).,Duval Texas Sulphur Co.
—
East Leduc Oil Co., Ltd. (initial)
East Mahanoy RR. Co. (s-a) —
—
Eastern Gas & Fuel Associates—
4%% prior preferred (quar.)
6%
preferred (accum.) —
Eastern Massachusetts Street Ry.—
7% 1st preferred A (quar.)
4% 1st preferred A (quar.)
$$ preferred B (accum.)
Eastern States Corp., $7 pfd. A (accum.) —
$6 preferred B
(accum.).
—
Eastern Steamship .Lines—
$2 preferred (being called for redemption
«0» July 1
at $52.50 plus dividend),—
Eastman Kodak Co, common.—
0%
preferred
(quar.)
Easy Washing Machine Co, Ltd.
(s-at—
-Easy Washing Machine Corp, com. ^. (quar.)
Common
7-
75C
7-
$4.50
■
6-
15C
(quar.)^»,
7-
(interim)
Common
Corp. (quar.)
Corp
Inc., common
Stores,
12%
$1.12(6
(cash dividend)
I.) de Nemours & Co.—
(E.
1
Guaranty Trust Co.
40c
Foreign Light & Power,
6-15
Corporation
Pont
7-
(quar,).
common
$1.12(6
1
7-
$1.75
Products
Steel
(s-a)
A
6% 1st pfd. (quar.)
Fort Wayne Corrugated Paper Co
—Foster & Kleiser Co, class A pfd. (quar.)
Goods, Ltd.—
Tire & Rubber
1st .preference
$1
preferred
3'/4%
1
7-
7-15
75C
6-1
$30c
(s-a).
Machinery
Food
1
6-
6-15
93%C
Power
Fair
$2.50
6-19
4-
6-15
—
Dqplan
du
1
37 (6c
_____—
tBonus
Dunn
7-
$1.75
4%% pfd. (quar.),——
(quar.)
Dunlop Rubber, Ltd., Ordinary (annual) —
5%
7-15
1
(quar.)
—
Flotill Products, prexerred (initial quar.) —
1
8i %c
•v
preferred
Dunlop
7-
6-
7-
preferred
-$4
7-15
$1
Bradstreet,
&
4%%
9-30
1
25C
preferred (quar.)—
fj%
Dun
10-
$3
RR. 's-at
Dow Chemical
Co., common______
44 preferred A
(quar.)
$3.25 2nd preferred
(quar.)
__
Dow Drug Co.,. 7% preferred (quar.)____—.
Draper Corp. (quar.)
Dravo Corporation, 4 % preferred (quar.)/__
Dresser Industries, Incf, common
(quar.),3%%
preferred
(quar.)—
.
Drexel Furniture Co.
(quar.)— _—,—-—
Dover & Rockaway
Sugar,
6-15
—
pfd.
,
Corp.
Guantanamo
5
75c
,75c
—
$2
Corp.
York
of Company
Name
Grinnell
Indemnity (San Franclsco)-
Fireman's Fund
6-15
37 (6c
Inc., 6% preferred (quar,)
Donnell & Mudge, Ltd., common
Donahoe's,
Class
Payable of Rec.
Share
Name of Company
Share
Name of Company
Holder*
When
Per
tWhen /Holder*
>Payable oj Rec.
Per
Holder*
When
Per
-
■
845
"6-
1
Volume
167
Number 4707
THE
Per
Name of
.<■
.
Company
When
Share
common
(initial
quar.)
International
Metal Industries, Ltd.—
i(quar.).i...„i..,
Class
•
t
A
4Va %
preferred
International
Common
>
4%
Minerals
iquar.)
preferred
Maine of
■
;
Common
Extra
Co.
of
Canada
pfd. <s-a)___
—
Shoe
6-15
6-
0-15
6-
1
$1
6-30
6-30
6-
6-30
6-
Interstate Hosiery Mills
Interstate
6-19
6-
7-
1
1
6-15
7-
1
7-
1
(quar.)
•€'■%>
convertible
$1.20
50c
4
6-15
6-
1
Louisville
$1
6-15
6-
1
4V*%
Iowa
preferred
Iron
Fireman
1
6-15
1
6-15
7-
25c
1
€-15
6-15
6-
Lyon
Metal
1
M.
6-15
6-
1
6-15
6-
1
9-
8-10
(quar.)„,
30c
1
St
J.
Mack
1
6-
t25c
7-
2
5-28
Class
A
—_—
xt$1.75
7-
2
5-28
Class
7-
1
B-'R
7-
1
5-26
30 c
Public
Service,
preferred
Ltd.;
(quar.)
A
7%
1
11-10
0-15
5-31
20c
:
com.
__
12-
37Vic
7-
preferred B (quar.)
x-1%.%^.
preferred C (quar.)..——xl%%
i, 8% preferred D (quar.)
s
xl3/4%
j Jamaica Water Supply, $5 preferred (quar.)
$1.25
—.
5%
.
7-
Sulphur- (resumed)........
Jersey Farm Baking Co., 4% pfd. (quar.).;—
Jewel Tea Co., common
(quar.)——•.—
S%%
,
preferred
Johnson
Oil
Common
a
Jones
&
8%
•:
(quar.)
Refining
common
Macy
Mading
5-28
55c
1
6-19
6-21
6-
2
1
6-25
10-
1
7-
3
preferred
7-
1
6-
4
6-15
6-
1
(quar.)
6-15
■
Kwwneer
Kayser
Co.
it
Co.
7-15
6-30
6-15
i
5-30
7-
.....
$l#12Va
1
25c
6-30
6-15
6-
-
-
convertible
Class
class. A
Copper
Co.
(quar.)
(quar.)
-
»
Kerr
dividend
common
Kerney
Fibre
com.
7-
7-
6-30
6-
6-30
66-
7-15
9-15
'
25c
Mines_—.—
;
—
7-
13c
V-
1
Keystone Portland Cement, $7 pfd.
Keystone Steel & Wire Co. (quar.)
7v
Kidtie
(Walter)
4%
&
convertible
Co....—
preferred
6-
5-28
25c
(quar.)..—
7-
—
$6
non-cum.
Knott
(quar.).,
6-15
7-
Company, common——...
preferred (quar.)
$%
1st
1st
preferred
pfd.
(quar.).......—._
(quar.)
6-25
Knppenhelmer
(B.)
Co.
Labatt
Co.,
Ltd.
(John)
;——
6-
1
6-17
(s-a)
Ontario)
Lancaster
—_—-
Lane
Wells
(A.
Lawrence
Leath
&
$2.50
Company,
preferred
Leduc-West
Oil
Lehn
Fink
&
Leslie
Salt
Products
►
40c
7-
25c
7-
1
1
6-
$2
12VaC
6-22
com.
(quar.)
30c
7-1
18 %c
4.4%
1
Cup
Lima-Hamilton
12y2C
6-30
Y
Midland
6-21
$2
$1.75
Telephone & Telegraph Co.—
(Initial quar.)
Lindsay
6Va%
(quar,).
(C.
W.)
preferred
Lipe-Rollway
&
1
6-10
1
7-
*7-
1
6-
1
6-15
Co.,
8r
1
7-24
11-1
10-23
37 Vic
7-10
8-30
1$4
7-1
6-
12 Vic
:
6-30
6-15
25C
37 Vic
1
0-30
1
6-16
9-10
8-24
O-iglnal capital
Special Guaranteed
$1.10
—-.
$1.10
1
(quar.)
60c
Guaranteed
(quar.)
14-24
3-10-49
-
50C
9-10
8-24
JI-04
3-10-49
2-24
6-30
7-
10 c
,
,
6-
25c
6-15
6-
7-
1
6-15
10c
7-
1
'6-15
(quar.)
$1.50
—
;
(quar,).—
(quar.) —
(quar,)
(quar.)
1
7-
7-
$25c
preferred
1
7-
$50c
1
35c
6-30
88c
:
,
7-
1
6-15
7-
6-
8
preferred
;.
'
Steel
6-30
6-
8
8-15
7-31
6-15
5-20
7-
6-11
1
87y2c
7-
97V2c
ioc
6-10
Aviation
6-
estimates
8- 2
7-15
6-11
I
5%
$6.50
Low-Priced
Brewing
preferred
Co
Power
Steel
Automobile
com.
7-
9
6- 4
7-
6-10
1
Shares
50c
7-
1
6-15
First
Mutual
50c
6-14
5-14
6-14
5-14
6-14
5-14
37 Vic
6-15
5-28
8- 1
7-22
10-30
10-20
1
$15C
(quar.),.
77-
1
,6-15
6- 0
$20C
1
7-
1
6-
25c
7-
1
6-14
$15C
class B_._
7"
$37y2C
7-
1
6-
$15c
7- 1
$15c
10-
1
1-2-49
25C
(quar.)
6-30
,
6- 9
9
4
6- 4
9-
3
12- 3
6-
7
$1.50
(quar.)
8-
2
7-12
$1.75
6-15
6-24
15c
7-
1
0-15
$1.12 y2
7-
1
6-15
$1.25
7-
1
6-15
Castings—
(s-a)._
7-10
6-18*
$1.25
8-10
7-31
37'vie
7- 1
0-16
15C
7-
25c
...
0-25
2c
1
6-15
6-
2
6-15
5-28
6-15
5-28
6c
6-15
5-28
sell
The
of
ex-distribution
amounts
such
5-28
6-15
5-28
7»
...
6-15
6-15
4c
6-15
5-28
on
.
shown
5-28
are
't
distributions.
6C
Series
7-15
6-30
10c
Stock
Series
6-30
7-15
0-30
6c
....
7-15
7c
7-15
6-30
7c
...
Shares
....
7-15
10c
Shares
Metal
Steel
4c
7-15
6-30
6-30
1
7- 2
10-
2
6-20
Railroad Shares
Railroad Equipment
9-20
Retail
Group
Trade
7-30
8-15
7-30
8-15
7-30
7c
Shares
7-
2
6-20
National
Standard
2
9-20
National
Steel
6-30
6-18
National Steel
Co.
Car,
Corp.
(quar.)
Ltd.
7-
1
6-16
56y4c
7-
1
6-16
National
7-
1
6-15
7-15
6-22
25C
——
6-15
6-
—
3.8%
Tea
Co.,
preferred
National
Transit
Interim
8-15
7-30
7-
1
6-15
25C
7- 1
6-17
4y*%
preferred
(quar.)
(quar.).
......
$1.12 Vi
7- 1
53y#c
8-15
8-
47y2C
8-15
8- 5
Union
Natomas
Co.
6-17
5
Pump & Machine Co.—
,
National
$i.62y2
6- 4
50c
...
1
Co.—
6-15
6-15
6-14
National
25c
(quar.)..^
7- 1
7-15
$1
10C
—.
7-30
60c
20c
(quar.)
7-30
8-15
$37V2C
(quar.)
(quar.)..
Sugar Refining Co. (quar.)
National Supply Co., common
(quar.)....
4V2%
preferred (quar.)
6
7-30
$-15
7c
....
8-15
7C
<_■
Shares
10-
7-
7-30
$-15
!
Series
25c
7-15
$-15
12c
6c
Series
Selected
6-18
10c
12c
—'
Stock
Series
6-14
6-30
6-30
.........
Series
Preferred
25c
7V2C
6-30
7-15
.....
7-
7-15
Fund
following
sell
ex-distribution on
July 30.
The
amounts
are
prelim¬
inary estimates of such distributions.
Stock
5€y4C
7c
16c
...
Trust
The
Balanced
>.
,
Implement
(accum.)—.
6-4
2
6-15
25c
Common
6-11
15c
Minneapolis-Moline
6-15
8-
5c
Bond
6-11
s-a).
■
Inc., common
(quar.)
6-30
50C
Series
1
—
(increased
(quar.f
Minneapolis
'
30.
7-
,
9
9
7-15
3c
Low-Priced
7-
66-
20
(quar.)
Speculative Series
.7-1
6- 8*
2
9c
6-10
$2
7-
7-2
$1
Series——.
6-10
50c
—f
;—
6-15
7-15
,
25c
—
1
2y2c
J.), common
preferred (s-a)
Ltd.,
Co
7-
50c
common——
1
80c
j,
&
7-.1
1
;;
7-
12y2C
...
...
following
June
25c
Co.,
(Conn.)
...
6-18
6-
1
7-10
50c
Shares
6-15
6-15
6-15
$50c
Shares
1
25c
6-10
7-
$44c
(quar.)—.
Stocks
Shares
Bond
7- 1
40C
(quar.)..
Building Shares
Income Series
The
6-1
15c
Machinery
6-21
6-15
6-15
6-25
$0.0147
(quar.)—
common
Radiator
Rubber
Chemical
7
6-25
1
re¬
National Securities & Research
Corp.—
Institutional Series
6-21
1
6-17
9-16
12-16
$ 15c
B
6-30
7-
6-28
9-28
12.28
plus
(quar.)—
Co
Co.,
7-15
25c
(D.
Co.,
15c
(quar.)
prior preferred (quar.)
$1 prior preferred (quar.)
Miller Mfg. Co., common (quar.)
preferred
for
$27.50
(quar.).
Lead
50C
Miller-Wohl
called
at
...
6-30
4
6-11
2o
Grocers
National
6-10
6-21
Welding
60c
—
$1
Mijliron's
10
Co.
Insurance
7-
$1.10
convertible
A
been
...
Fire
15c
preferred (quar.)
Midwest Rubber Reclaiming Co.—
4 V2 %
preferred (quar.)
Miller St Hart, Inc.
Class
Electric
National
6-
1
6-19,
1
93 %c
(quar.)
Malleable
Increased
6-16
7-
1
6-30
37'/2c
dividend
National
6-11
6-30
7-
7-
$1
quar.)...
National Paper & Type
Co., 5% pfd.
National Pressure Cooker
(quar.)..
Oil
$1.50
com.——
preferred——
(quar.)......
Company (quar.)
Oil Co., common
has
Securities
30C
8%
preferred (s-a)
Mid-West Refineries', Inc.—
$1.50
/
6-21
;
6-10
35c
Cash
Industrial
$1.12 Vt
7
6-16
7-
10C
preferred A
(quar.).
National Linen Service, common
"i
4Vz%
preferred (quar.)
5%
preferred (quar.)—;
1
4
6-
2
6-21
—
....
July
preferred
7-
10c
$1.75
1
6-21
$1.50
—
on
final
A
6-25
75c
62V2c
6-15
$1.50
....
pref;
Co.,
6-15
5-31
6-10
,
(quar.)—"
Products
1
:
com,..:
conv.
7-
6-30
7-1
6-15
6-30
50c
7%
60c
(quar.)——.———
$1
6%
1
25c
______
Products
8
6-
$1.75
—
Food
6-
$1.25
(quar.)—
com.
6-15
25c
8-14
6-30
25C
...—
issue
preferred
Class
6-15
$30c
..._
9- 1
25c
Co., common
Breweries, Ltd., common
National
15C
62 y2c
6-15
$1.50
Gypsum
National Hosiery Mills,
Ltd.,
Class A (quar.)__
Class A (quar.)
1
6-15
1
$1.18%
....
preferred
National
6-4
7-15
,7-
6-31
50c
—
^—__
(s-a)
Extra
6-18
60c
$1
r
6-15
50c
Corp.
preferred
$1.50
6-18
—
—
—
1
12>/ac
Biscuit
National
6-21*
25c
com.
Electric
above
National
1
0-30
6-15
7-
i2yac
(quar.).
Quarterly
Quarterly
5-21
62V2C
6-15
6-29
25c
(quar.)
Mills
convertible
National
6-12
6-15
5-14
30c
Register Co. (quar.)
Casualty Co. (Detroit)
(quar.)
National City Bank (N. Y.)
National City Lines, Inc., common
$4 preferred A (quar.)
7
IV/2C
5-31
6-
National
•
(quar.)
5-14
6-15
62 ViC
-National
7
6-
6-14
20c
(quar.).
(quar.)...
Bros.
demption
1
6'
6-14
6-15
&
Inc.
The
5-22
6-30
6-14
35cr
(quar.)
Nasnvme & Decatur KR„ 7ya%
guar, (quar.)
Nathan
Strauss-Duparquet, Inc.—
6-22
6-30
5-24
30c
35c
...
8-23
National
6-15
0- 9
6-15
5-28
$1.75
6- 9
6-19
11-23
6-25
37y2c
6- 9
6-19
$3.50
6-28
National
6-15
6-10
6- i
6-19
9-12
Nation-Wide
6-15
6-21
6-18
12-12
E.)
6-15
$62V2c
i
75c
7%
(s-a)
6-50
12o
(F.
6-15
10c
preference
6-15
12c
Myers
l
$25C
6-
6-30
0-30
(quar.).—
1
♦ 1.12M,
6-15
6- 1
6-15
(quar.)
6-11
S1V4C
it
<—
0-15
1
preferred A
this
______
—:
1
7-
0-15
-
preierred A
6-11
52y2c
7-
*
$3.37 Vi
——
(quar,).
(quar.)
6%
—
5-28
4.80%
6-15
"
2-24
10.10
(r>tt«n* )
Special
12-10
2
2
4.eo%
,
11-15
7-
7-
$4
(quar.).—
Nasuawena
6-30
5-28
5-28
Chemical
Nash-Kelvinator
$1.05
Extra
4 V2 %
$1.10
capital
&
preferred
Midvale
v;'."" 1
6-15
7-
Co.—
Original-: capital
Gas
non-cum.
8%
*
Original
$$1.25
0-30
7-10
Ltd.—
(accum.).—
Corp.
RR.
6-22
37j/2C
.....
......
class A—...
—$1 convertible preferred (quar.)—_—
Lipton (T. J.), Inc., 6% pfd. (quar.)__
Miami
6-
1
Insurance
Common
B
6-15
6-15
15C
30c
Class
6-21
7-
;
30c
37VaC
—
Life
(quar.).—z
2
2
$1.50
common
common
preferred
6-26
1
6-28
77-
$1.75
preferred
6-26
12-
2
$2
59 %C
common
6%
7-
1
6-15
7-
37 ViC
(quar.)
7-1
5c
—
7%
Co., Inc.
preferred
Midwest
-
......
30C
Lincoln
1
(Greenville, S. C.)—
Tobacco, 7r/c pfd. (quar.)
Corp..
Corp. (quar.).— \
Lincoln" National
7-
,r
Quarterly
Liggett &. Myers
&
Mickelberry's
7-31
6-15
6-19
6-14
7-15
$25c
.....—...
preferred
(quar.)
Mutual Telephone Co.
(Hawaii)
6-20
1
_—
(quar.)
Michigan
5-25
$25C
....
1
7-
7- 1
6- 4
2
0-30
25c
Inc.,
common
preferred
preferred
Namm's,
Dredging
$2.40 preferred
Midland Oil Corp.,
6-
6-15
7-
7-
$75c
6%
6-20
$1
Telephone
5-28
6-14
•
1
$1.50
—-
preferred
(quar.)
Michigan Bumper
Corp.....—....—...
2
40c
—__
—__
pfd. (quar.)...,
Liberty Fabrics of N. Y. (quar.)
Little
Y
7-
$1
6%
6-10
2
„
6-18
20c
40c
(quar.)
Corp
Stores,
Merck
6-10
7-
6-18
7-15
7
5-13
$30c
—
-
5-13
15c
Murray Ohio Mfg. Co.—;
Muskegon Piston Ring (irreg.).
Mutual
6-
6-15
$48c
•
convertible
4%
6-21
25c
quar.)—
Co..
Corp.,
6%
...
7
7-
1
7-15
$20c
—
*4c
7-
$ny2c
...
5-28
6-
6-19
6- 5
1
50C
Murray Corp. of America,
6-30
6-15
$1.75
(quar.)
$3.50 preferred (quar.)—
Mergenthaler Linotype Co.
Mesta Machine
Cb. (quar.).———...
Metal Forming Corp.
_i
Metal & Thermit Corp., 7%
pfd. (quar.)
Metals Disintegrating Co., Inc.—
;
r
;
;
4!/2% preferred (quar.)
Metropolitan Edison Co., 3.90% pfd. (quar.)
Metropolitan Paving Brick Co.—
Michigan Associated Telephone Corp.—
6-10
6-15
1-".
7-
7-15
6- 7
7-
6-15
59 %c
MQnson Line, Inc., new common
(initial)
Murpny (G. C.)
Co., 4%%
pfd.
(quar.)
'
50 c
5c
.....—
Robbins
Common
6-18
62>/2C
——
conv.
Lily-Tulip
-
2
2
$1.25
(quar.)..
,
6-14
1
7-
(Marshall)1 & Co.)
common
Mercantile
v
1
6-30
'•
6-
7-15
,
5 Zo
8
25C
„
,75c
(quar,)
Co. (quar,)...—
Co.; 5% pfd. (s-a)—_
Melchers Distillers, Ltd. 6% partic.
pfd. (s-a)
Mengel Company com. (quar.)
}5% 1st preferred (s-a)
5-20
6-
6-15
60c
pfd.
(quar.)
$2.50
Steel
Meadville
"V 5-28
6-15
$1
(resumed).
Liberty Life Insurance
1
.
-
(quar.)—
(quar.)
Lewis Bros., Ltd. (quar.) _.;
'Liberty Loan Carp. (Chicago)
6-15
6-15
$1
$1.50
Ltd.
Co.
&
McWilliams
6-15
2
6-
6-15
$20c
,1
Mills,
$7 preferred (quar.)
Munising Wood Products,
6-25
1
$25c
(quar.) I
preferred
McLouth
5-14
7-
2
7-
6-15
1
7-15
25c
Mfg.
Extra
■
$4
6-18
6-15
$ 25c
/
(s-a)
common
1
40c
:
...—
(quar.)
Co.,
6-liJ
7-
*
Corp.,
6-10
1
7-
$44c
Corp
t
Brass
Mullins
6-10
■
60c
.
(initial)
Lehigh Ai Wilkes Barre Corp. (quar.)
•
7-
U8c
.
Cement
6-26
6-21
6-21
Mueller
6-5*
7.
$12c
Brewing Co., common
participating preferred (s-a)__
5%
7- 2
.
6-15
t$6
(quar.).^
preferred
Company,
McKesson
6-15
30c
Leather (s-a)
Portland
7-
7-15
^Toronto)
—
6-30
$$1.50
(quar.)
C.)
7-15
10-15
7-
;
20c
50c
Bleachery
Lawrence
9-15
8-
11-
125c
*
Co.
10-
>
75c
...
& Dye Works (quar.).—.
Lang (John A.) & Sons, Ltd. (quar.)—3.—
Lanston Monotype Machine Co.
(special)..;
'
6-11
6-15
u
.
(s-a).—-.—
Corp.
'
Lanett
7-
$1.06 y4
Corp.
6-11
7-
(quar.)........
Industries,'4% preferred (quar.)
Laclede Steel Co...___.._._.—......—...
Lake Shore Mines, Ltd.
(quar.)—,.
Lapiton Loan & Investment Co,(Sarnia,
1
$1
$1-75
La, France
•
7-
6-15
'
McCrory Stores Corp. com.
$3.50 convertible preferred
1
6-
6-30
1
6-18
$1.75
Muehlebach
'
6-4
1
50 c
—_
7%
— —
0-15
7-
20c
...
preferredHaven)
5-28
'-4
6-
$1
Inc.
7-*2
0-15
5-31
t$1.75
t$ 1.75
prior preferred (s-a)
preferred
(s-a)
Mountain Fuel Supply Co.—...
Mountain Producers (increased
s-a)
Extra
6-15
25c
_________
Products
5-01
$1.05
...
4%%
(New
1
15c
^—
$6.75
7
'
Chemical
preferred
McCord
5-25
6-25
$1-75
-
—
6-15
Co., Ltd., preferred
(s-a)..—■_
McColl-Frontenac Oil,
nev;
com.
(initial).
6-10
6-15
$1.50
———
2nd preferred (quar.)...—
2nd preferred (quar.)..—
.3%
:
6-15
-
v
7-15
McBrine
4
$1.50
■
6 %
,
Kroger Co.; 0%
6-10 ;
6-
7-15
Bank
Vernon-Woodberry
Co.—
convertible
^McBee
6-15
6-
6-15
40c
6-30
7-1
13 %c
preferred
5%
5-31
1
$1.50
__
Koppers
.7%
6-11
1
50c
preferred
Corporation
4 %
6-11
6-30
....
Mt.
Corp., common...
(quar.)——______' ;
Maytag Company
(quar.)
McAleer Manufacturing Co.—
7%
6-11
7-
.,
6-10
20c
(quar.).
(quar.)
Asphalt
Mathieson
-
6-15
1
7r- 1
4Vi%
,
1
5-28
1
7-
$1
.
6-30
Motorola,
(s-a)-——.
preferred (s-a)
convertible
Mastic
6-15
6-15
preferred (quar.)___;
$1.12Vi
King-Seeley Corp., common (increased)—
'
30c
5%
convertible preferred (quar.)_„——
25c
Kingsport Press, Inc. (quar.)
;
20c
Kingston Products Corp. (s-a)
"•> 10c
Kinney (G. R.) Co., common....
25c
Kinney Mfg. Co., common—V$2.50
,
;
$12 Vic
....
(initial
common
$1.25
6-15
35c
—
(quar.).;
common
2nd
Plan
common—,
Drydock
Common
1
;
-Extras,25c
Paper Mills,
Morris
Motor
Massachusetts Investors Second
Fund, Inc.—
Massey-Harris Co., Ltd.—
12-30
50c
Morris
preferred
6Va %. preferred
5-31
$2.50
...
______
New
5-31
$2.50
(accum.)
,'+
6-24
6-15
convertible
Maryland
5-31
,
6-15
$2.50
.
$1.05
1
—
Drop Forging, common (quar.)
4% convertible preferred (quar
Moore-McCormack Lines (quar.).
Morgan (J. P.) & Co....
5-31
6- 4
7-
62Vic
—.
(quar.)
6-15
6-25
7- I
$$1.80
(quar.)
Moore
Ltd.—
Co.
Realization
prior
1
preferred
6-16
......
(.quar.)
0-15
preferred
(quar.)
preferred A (quar.)
6-30
(quar.).....
Co.,
preferred
6-
4-16
'
Ltd.—
preferred
(see Field
$2.10
1
42c
,
Kimberly-Clark Corp.,
7-
42c
<
Keystone Pipe & Supply, 5% preferred (s-a)
5%
preferred (s-a)___
6-15
25 c
Marven's, Ltd., 5% preferred
Maryland Casualty Co.—
6-15
1
7-
1
9-
:;7
6-29
$1.50
;
.
6%
Mar-Tex
2
.'.' 20%
Sons
Marshall-Wells
1
6-15
6%
-Series K-2
6-16
50c
——
.
6-14
1
&
Marshall Field
6-3
7-
^50c
....
Corp
Gold
Co.,
1
6-18
(M.)
6-20
I
|25c
$25c
t$1.12y»
*
7%
6-15
25 c
com.
2
7-
$25o
62Vic
—
50c
$1 preferred A (quar.).—
Marlin-Rockwell Corp. .......
6-14
25c
—.—<
dividend)
1
1
'
Basket, Inc.
Marsh
75c
prior pfd. (quar.)...
Keystone Custodian Fund, series B-l__
•i
6-18
dividend).
(cash
_____
(cash
(James R.)
Addison
Keyes
6-30
;
—-
....,
Company, old
Stock
New
25c
$1.12 Vi
_
7-
*
(accum.)
Telephone, Ltd.—
Telegraph &
(quar.)
preferred (quar.)
Market
6- 4
25c
Common
7%
6-15
137 Vic
...
Special,
Kerite
,
1
37Vic
of Canada, Ltd._
Company, $4.50. preferred
Kennecott
*f
7-
37!/ac
B
Keivinator
Kendall
75c
'
(quar,)...—/
6-15
50c
preferred
Maritime
...:
.
Cb.,
Co;; 7%
7-
;
——
$7c
5%
6- I
5-28
(Winnepeg) —
(quar.).———
6-18
—
Marion Power Shovel
1
-
Corp.,
1
Cottons,
1
(initial).
Marchant Calculating Machine Co.
Magnesium Products
1
6-
6-21
6-15
Marine
6-11
25c
Kearney (James R.| Corp.;,6% pfd. (s-a).
Kelley Island Lime & Transportation....—
Kelsey-Hayes Wheel Co.—
-$1.50
Marathon
6-15
—.—•.—
....—...
(quar.)
6-15
i
1
A
7-
Stores Co., common (quar.).
preferred
(quar.)___.——_...—_
conv.
7-
Ltd., common iquar.)
preferred (guar.)
Montreal Locomotive
Works, Ltd. (guar.)..
Montreal Refrigerating &
Storage, Ltd
Montreal Telegraph Co. (quar.)
Moore Corporation, Ltd., common
(quar.)...
6-15
15c
(quar.)—
Mapes Consolidated Mfg. Co. (quar.)
Maple Leaf Gardens, Ltd
4
Class
Montreal
4%
...
4y*%
6-16
—
75c
(quarJ
Co.,
1
y2c
Co.,
Manufacturers Life Insurance
Semi-annual 1
6-11
6-
$1
(H.
.
2
—
$$1.25
Steel
Co.
7%
quar.)..
common
(quar.)
R.) Export
6-25
7-
7-
$75c
$2
$4.20 preferred (quar.)....
.1.
Montgomery Ward & Go., common (quar.).
3
7-15
$25C
.Manufacturers Trust Co.
,
—12V2C
(resumed)
(Julius)
6-
■
6-21
6-15
15c
;(quar.)__„
....
7-
65c
new
6-15
Auto Equipment,
common—..—4,
%, preferred (quar.)
Montana-Dakota Utilities Co. com. (qur.)__
5-29
$1
6- 4
—
-
(quar.)
Mangel Stares Corp. (s-a)
Manischewitz (B) Company........
9-25
50c
$1.25
Drug Co., common (quar.)
$4.50
preferred
(quar.)
6-15
Assurance
Bemi-iannual
6-30
5-
0-16
3Qc
—
5
6-30
6-14
5-28
I Vic
S.)
Monroe
6-30
$1.06
Drug
Maltine
7-19
7-
Joslyn Mfg. & Supply, common (quar,).....
75c
4vh% preferred (s-a)________—.....—$2.25
.'Julian & Kokenge Co. (irreg.)
75c
4%
9*
7-15
6- 0
6-33
6-18
7%
Copper Co
Magnavox Co.
(quar.)—
Magor Car Corp. .....
7
8-
20c
common
Katz
9*
6-
I5C
z
Magma
6-15
60c'
._
Kalamazoo Vegetable Parchment Co.
Kansas City Southern Ry. Co.—
6-
Sales—
(quar.)—.
(R. H.) & Co
6-15
20c
Steel,
(quar.)
6-16
6-15
7-15
1
25c
fquar.)
(J.
Life
6-15
$1.15
Public Service
Monarch
'
: •
com.
Structural
MacMillan
1
93%c
1
,•
1
'
$1
__________
Laughlin
preferred
7
-
r
Inc.,
preferred
7-
10c
1..—.
Co.,
5%
7-
....
Lake
Mackinnon
6-30
.—
; Jefferson
'
(s-a)
—"'
(initial
Consolidated
M.
..
6-30
7-15
com.
Molson's Brewery,, Ltd. (quar.)
Monarch Knitting Co., Ltd., common
4V2 %
preference
(quar.)—
1
88C
(quar.)
B
'
;•
&
6-
.6-15
$3
Trucks,
(quar.).
7%
6-10
37Vac
Publications, Inc.—
participating preferred—
Jamaica
'
RP-.
Ltd.
Products,
M.
$1.50
(quar.).
w
-
1
6-15
MacFadden
25c
(Del.),.—
Manufacturing
7-
Semi-annual
93%c
-
6-10
Ludwig Baumann (see Baumann)
Lynchburgh & Ahingdon Telegraph Co.—
7-
(quar.)
1
$1.25
Ludlow Manufacturing &
New common (initial)
7-
i
Co.
6-17
7-
31V4C
5-28
-Quarterly
Irving (John) Shoe Corp., 6% pfd.
Irving Trust Co. (N. Y.) (quar.)
'
common...
6-15
$1.75
(quar.)
5-21
1
$1.25
(quar.)—
______
Line,
Corp—...——......
Co., Ltd. (quar.)
Mobile & Birmingham RR., 4%
pfd. ls-a)__
Modern Containers, Ltd., class A
(quar.)—
Mojud Hosiery Co., 5% preferred (quar.)..
25c
(quar.).....
7-15
$1.50
<
7
7-
Holder*
Payable of Rec.
(quar.)...
$4.60 preferred
Pipe
Mitchell
6-11
6-
B
When
Share
Missouri
6-15
6-30
12y2C
(quar.)..
Co.,
1
$2
6-21
$1.62Va
A
Southern ^Utilities
M.)
7-
$1.75
8c
(accum.)
Service, common
Public
3.75%
'Iowa
(W.
6-15
25c
(quar.)___
Sons
&
1
$2.50
$75c
Fund,
55
Co.—
...——
Class
6-10
7-
25c
(Ky),
Mortgage
(M.)
preferred A
Lowney
(quar.)
Title
5%
15c
Exploration
Electric
Nashville
Lowenstein
preferred
(aooum.)
6Vi% preferred B (accum.)
♦
&
50c
1
St
&
6-30
87 %.c'
(quar.)
preferred ($25 par)
preferred (quar.).
5%
40c
€%
preferred
Land
Louisville
IcxWa Electric Light & Power—
7%
Angeles Transit Lines
5%
6-16
€-
6-11
Co.
Louisville Gas
6-25
6-15
6-30
(P.)
■—
*■_.«
Missouri-Kansas
$15c
Corp. (quar.)
(quar.)
(quar.)
Gas
Taylor
Louisiana
6-14
-
7-15
Mississippi Power,
6-15
$20c
Cement
.—
preference
Selective
433/4c
6-10
6-15
$$1
(quar.)
0-1-5*
7-
Intertype Corp.
Investment Foundation, Ltd.—
Investors
&
Los
75c
—
7-15
"
Co., common—
7%
preferred (quar.)
Los Angeles Investment
(quar.)
—75c
Gas.
Natural
Star
Company
Yalley Canning
preferred (quar.)
6-28
20c
;
Star
Lord
5
26c
Name of
6-28
40c
■
Theatres, Ltd. (quar.)
Hosiery Mills, Ltd. class A (quar.)
Lone
5
$1
(quar.)
75c
(quar.)
(Marcus)
Lone
6- 5
25c
Per
Payable of Rec.
37»/2c
Co.
Common
1
$60c
;
Stores
Chain
Inc.
Lorillard
Co—
Department
Steel
London
5-25
$50c
International Silver Co.,- 7% pfd. (quar.)—
Interstate Bakeries, 04.80 preferred (quar.).
*■
6-21
__
Interstate
*
0-18
t40c
preferred (quar.)
•
-International Products Corp. (quar.)
International Salt Co
___L_
'
6-lS
6-30
,(quar.)_
(2623)
Holder*
Minnesota
3
Extra
Loew's
Loew's
6-30
$1
$4
International
9
2
40c
(increased quar.)
...1/
-—-—'
•
9
6-
Share
.
...
$$1.121/2
;———...—_
_______
Paints, Ltd., 5%
4%
preferred (s-a)
j—
International Paper Co.—
'
6-
-
Semi-annual
Chemicals Corp.—
International
'
7- 2
7-
Company
When
Little Schuylkill Navigation RR. &
Coal Co.—
6-15
■
Locke
$40c
—
(quar.)
International Nickel
'
&
"
7-15
t
,
...
1.—
(quar.)
FINANCIAL CHRONICLE
Per
Payable of Rec.
35c
&
Holder»
International Harvester Co.—
New
COMMERCIAL
Fire
(s-a)
Insurance
Co.
(Pitts.)
15c
7-
1
6-15
35C
6-21
6-1
50c
7- 1
6- 2
;
.Jfl "
Weisner
class A
Co.,
(J. J.) Co
Mining Corp.
dewberry
(accum.)
:——
Newport
Newport Industries, Inc.,
common
New
New
7-
6-15
I
7
6-15
5-28
7-
6-15
I
6-
6-18
50c
—
7-
$1.06 y4
preferred (quar.)
England Electric System (quar.),,,—
England Fire Insurance (quar.),,
England Laundries, $6 pfd. (quar.) —
England Telephone & Teiegrapn—
New
6-
93^40
4 V* %
New
6-31
75C
(increased)
Electric Corp., 3%% pfd. (quar.),
Newmont
6-
6-1S
6-15
50c
—
4
•6-23
1
7-
I
6-14
13c
7-
1
6-15
$1.50
7-
1
6-18
25c
6-10
(quar.).
7-
I
6-
(quar,)_,_—
22 '/2C
7-
1
6-20
(»-a)_-«—————
7-
1
6-15
Petroleum
pfd. (quar.)
Jersey Water Co., $4.25 pfd. (quar.),.
Orleans & Texas Pacific Ry, (increased)
$1
Hampshire Fire Insurance Co.
Haven Clock & Watch Co,—
New
Power & Light, 4%
New Jersey
New
New
Park
New
Co.
Water
Haven
New
preferred
convertible
4%%
New
York
Co
Mining
A (accum.)
6%
A (accum.)
New York & Harlem RR,, common
10%
State Electric
York
New
preferred
3%%
Gas—
&
6-11
1
6-11
93%C
7-
1
6-10
$1
7-
1
6-11
6-15
5-28
-
(quar.)—
York Trust Co.
New
1
7-
—
<quar.)_—
—
15c
Share Corp., class B—.—-—-—
Niagara Wire Weaving,
Ltd._——
Niles-Bement-Pond Co.
—-4
—
Niagara
Nonquitt Mills
Chemical
Noranda
North
6-30
6-15
6-25
6-15
6-29
6-23
|75c
6-15
5-14
50c
6-15
6-
1
Pitney-Bowes,
6-30
6-
5
50c
7-
6-22
$1
40c
—
(quar.)—,——
Ltd
..
Car Corp.—
American
convertible preferred (quar.)^——*—
North American* Co. (partial liquidating stock
$2
1
Corp.—
7%
7-
80c
80c
6%
7-
Oil, Ltd.,
Co.;
convertible
4Va%
Northern
Natural
Northern
Paper
1
1
Telegraph
Co,
9-20
B
Edison
4.40%
Ohio
2
1
6-
6-14
6-25
6- 4
25c
6-20
6-
Seamless
Tube
Co
6-20
Life
Line
Quarterly!
Oliver
Price
6-8
Procter
6-
6-
1
6-15
6-
1
6-10
Providence
7-
1
6-15
Public
1
6-10
$1.12'/2
7-
1
6-10
6-30
Ontario
Steel
Products,
6-10
6-16
$5 preferred
6-15
5-
5
5-
5
7%
6-15
8%
7-
97 '/2c
-ft*
preferred
50c
"
,
"
6-15
t3i y.c
Railway
6-30
HOC
$1.50
&
Coast
Pacific
.
Pacific
Mills
Pacific
i?y
Public
•Pacific
,
Co.
7-
2
6-20
preferred
6%
Co.
(inc^asedl
Common
125c
>
•:
115c
7-
1
6-
7-
1
66-
2
*
7-
1
6-15
50c
7-
1
6-15
6-24
6-10
5c
'
50c
7-
1
1
6-
20c
—
6-28
6-18
$1.50
7-15
6-30
25c
•.
Pictures,
6-26
6-
7
7-15
7-
1
i._—
50c
6-25
6-
4
preferred (quar.).
2%c
7-
1
!
Common
5c
7-
1
6-15
Parmelee
Paton
20c
6-25
Transportation
Mfg.
Ltd.,
Co.,
6-15
5-31
—_
(quar.)
common
(quar.)
•$3
preferred
& Ford,
Peninsular
(increased
$1
Electric
$1.20
Pennsylvania
JBxtra '•
Grain
Co.,
preferred
4%
Reliance
Insurance
Semi-annual
Reliance
Ltd.,
Mfg.
Remington
Co.
6-7
7-
6-15
1
6-
6-30
7
6-30
Arms,
Inc.,
7-15
6-18
6-18
7-1
6-11
7- 1
6-20
San
7-15
6-15
Santa
7-
1
6-15
10-
1
9-15
12-15
1-49
8-15
8-
5
11-15
11-
5
25c
3-15-49
2-
5
6-
1
Sarnia
1
(quar.)
6-15
6-
50c
7-
1
6-10
25c
6-15
5-28
10c
6-15
15c
Cement
30c
,
A
(quar.)
Bridge
Savage
Arms
6-
5
Scniage
7-
9
6-
9
Schwitzer-Cummins
6-
5
6-
7
t5oc
6-15
■>
30c
6-28
50C
7-
1
6-18
6-15
5-28
35C
6-15
*■' 5-17
6-15
5-17
6-15
5'/2%
Scott
6-15
5-17
.6-15
7-
'$1.25
6-30
6-
6-
6-30
:
50c
6-23
5oc
t:
6-23
5%
6-11
i:
5-28
7-15
6-15
Corp
,
r,
(quar.)
$1.25
»
7- 1
6-
,
1
6-
-
1
f*
-
*
1
6-11
A
6-4
1
6-15
25c
;
7-
1
6-10
6-17
25c
7-
1
$1.25
7-
1
6-17
$11.06
7-
I
6- 9
6-30
6-13
%
—
Association,
75c
25c
,
41 %c
^
6
6-
5
1
6-10
6-15
6-10
7-
50c
—— «.
H-
7-
7-15
.
% ; 6-15
50c
'
6-15
5-31
12 %c
6-18
6-
45c
6-14
6-10
25c
6-17
6-
27%C
8-
1
7-18
85c
8-
1
7-17*
6-14
$20c
——
•
—
common
:
—_
(quar.)
preferred
(quar.).—
50c
(ouar.)
7-
1
9-
1
8-13
7-
1
6-
9
6-15
6-
4
$1.02 %
Inc.—
6-15
9iy,c
;%V'
i
;
6- 4
%
6-19
7-
1
7-
15c
$1.12%
1
6-19
6-30
6-10
$2.50
12-31
12-10
40c
7-10
6-24
65c
7-10
6-24
40C
6-15
6-
10c
7-
1
3iy4c
7-
1
$2.50"
(quar.).
Corp.,
7
17 %c
—
;
8
83%c
%
common
(quar.)
—.—
1
6-10
«
6-10
General—
Corporation
>
8-15
-6-30
$1.75
(quar.)--——,——
$6
i
(auar.)—
6-15
$1.50
6-30
20c
6-29
6-10
25c
—.————„
Refrigerator
Co.———,,—
Seeman Brothers, Inc.
(quar.),..——
6-15
6-
6-15
6-4
Seeger
•
6-23
,
7-
6-30
50c
6-21
;
$1.25
8-27
11-29
(quar.).
(Del.;
preferred
,
50c
A
preferred
preferred
$7
1
9-15
(quar.)—
-
Acceptance
Securities
*
5-28
12-15
common——————_
Co.
6-
6-15
$1.10
!
preferred (quar.)
Seaboard Air Line, 5%
preferred—,——
5%
preferred
Seaboard Finance Co., com. (increased quar.)
$2.60 convertible preferred (quar.)——_
Oil
5-31
6-15
:
.
:
Cement.
Co.,
fquar.)
6-11
6-11
$1.25
;
—
Vandervoort-Barney,
series
$4.50
1
1
7-
•
—_
ij——
preferred
Common
1
6-15
$1.75
6-15
12 %c
preferred
Scruggs
'
1
6-11
.
'
37 %c
(quar.)
(quar.)
Co..
6-21
$$1.75
6-30
(quar.)——
com.
$3.40
Co.,
Mfg.
4.10%
Seiber'ing Rubber
<■
class
5%
7-15
100%
7-
1
A
4
Co.—
preferred
$1.25
77-
6-15
1
$1.12%
1.
(quar.)———„—
,
f.t,
:. 6-15
5-28
7-
6-10
4 Vz% prior preferred (quar.)
Seismograph Service Corp. (quar.),..—
Selected
American Shares,
Inc
7-
Serrick
$1.25
V
s
.
1
7-10
-
,
6-12
7-10
$1.50
1
$1.50
8-31
8-
40c
6-15
5-28
2
Motors.
Inc.
15c
7-
1.
Republic,
7-
1
6-
6-15
6-
1
9-15
9-
1
50c
7-
1
6-11
50c
7-
8
6-17
25c
%
25c
i
12%C
$3
A
.
7- 1
Shattuck
6-20
6-15
1
$1.75
1
7-
1
4%%
£•,
6-15
$1.18%
6-
Shoe
1
Corp
6-18
•7
7-1
6-
3
Sigma
7-1
6-
3
9-
1
Republic Pictures Corp.—
$1 convertible preferred
Republic
Steel
Corp.,
6%
Revere
convertible
11-12
6-15
6-15
6-15
1
6-8
25c
7-
1
6-
$1.12%
7-
1
6-8
6-30
6-10
8
8-
2
7
j
„
i
2
7-15
;
25c
7-
prior preferred
514%
7-
2
6-10
7-
2
6-10
;
1
6-10
Smith
8-
2
7-12
Smith
25c
7-
1
6-21*
7-
1
6-21*
Manufacturing Co.,
com.
'
$1.37%
(quar.),,..
:
7-
1
40c
6-15
;
."<!-•<«
5-26
6-1
6-15
7-
$$1.25
2
7-
2
6- 4
<6-
2
7-
v
6-15
$$1.25
1
6-10
•
6-10
10c
,
.
5-19
:
6-24
;e-io
6-15
(quar.)__ $$1 12%
$1.50
6-10
•
6-15
70c
—
(quar.)
(increased)
Oil Co.
Inc.
■
5-14
6-14
\ 5-25
5-25
6%
(A.
4%
Steel
O.)
(quar.)
&
Snap-On-Tools
Snyder
Tool
&
$1.25
1
6->15
7-
1
30c
$3
(s-a),—;—.
6-14
7-
1
6-15
6-
1
6-21
40c
————
6-
9
25C
Iron
6-19
8-
2
7-
1
Paper Mills, Ltd.—
preferred
Kline
&
Corp.—
6-14
7-
"
—.——
A
6-28
$1.25
(quar.),—
preferred
6-14
$2.50
—1—_—
preferred A (quar.),
(quar.)—,;
(Howard)
Common
•
pac
Co.
Sio'»s-S'ieffield
7-
Smith
Reynolds (R. J.) Tobacco Co.—
V
3 60% nr,efprred (auarj
Steer (irreg.)
&
Sloan-Blabon,
$1.31 Va
$1.50
(quar.),
—.——
•V
6-15;
$50c
.
r-~———_
Pattern Co.
(quar.)
Ltd., 4V2% preferred
Mfg.
Skilsaw.
,
(quar.f
pfd.
(quar.)
gkenandoa Rayon. 5%
5%
prior preferred
.0-10
25c
(quar.)
Saw
Simplicity
Skeily
9-10
1
1
6-15
$1.50
:r
—
1
6-
i
$15c
—__
(quar.),
Dairies, Ltd.—
1
6-
$15c
(quar.)
A
1
6-
6-15
25C
i!
——
class
6-
6-15
25c
:
——
6-15
50c
(quar.),,
A
6-28
(6-1
50c
;
6-10
9-20
5-31
6-15
*
Simonds
Singer
8-
6-21
6-18
6-30
,7-28
Western
preferred
Simpsons.
25c
Ltd.,
i-
6-30
2
50C
(initial)
(quar.),
Dairies,
preferred
5%
7-15
15c
;
5%
Silverwood
;
15c
preferred
5-29
50c
—.1
common
6-15
7
(quar.)—
Ltd.,
7-
6-10
$20c
—
class
Co.,
6-15
1
2
$25c
Ltd.
<u'i—
B
6-15
8-
35c
—_
5-24
1
6-30
25c
(quar.)——
Silverwood
:
(quar.)——,
1
7-
$20c "
$$1.75
Co.: (quar.)
5-24
7-
7-
59 %c
:_L__
——;
class A
America,
Royalties
5%
6-16
6-15
62 %C
(quar.)
B
Class
5-21
7-
2
6-2
2
6-14
'
25c
L—ill
(quar.)
Extra
Silknit,
$2.25
6-
6-22
7-
25c
'Extra.;'——„4_———-j■
Signal
•
common
Copper & Brass,
.
5-31
87 %c
6-10
$1.25
(increased quar.)
Mines, Ltd. (s-a)
Oil & Gas Co., class A (quar.)
Class
5-31
m
50c
Reynolds Metals Co., common,
'<,5%% convertible preferred (quar.)
Rheem
'
of
Breweries/
Signal
8-13
1
•'
:
Quarterly
8
6-10
6-18
50c
(qn&t.fi
common
(quar.)
Optical
Sick's
}75c
(initial)
:
6-
G-18
' 25C
>
(quar.),—
Corp.,
preferred
Shuron
'
12-
Products,
preferred
7%
6-30
*40c
(quar.),
Sherwin-Williams Co. of Canada, Ltd. (quaf.J
30c
; 7
Co.
G.)
preferred
Shellmar
6-15
7-
(Frank
1st
5%
5-24
7-
15C
t40c
—
1
25c
preferred A
(quar.)—
—
Manufacturing Corp., common——^,
4%
8heller
6-1
6-30
.
$1.25
.
,,
—
5-25
6-15
7-
$1.12%
>Shawinigan Water & Power Co.—
'
i
25c
(quar.)
6-18
5-25
25c
Philadelphia—
(quar.)—..,
6-15
'5-25
6-15
15C
Extra' —,4,^.—„——-
6-15
1
6-15
r
25c
t
4
(quar.)
Petroleum
(quar.)——,,
7-
22c
Servel, Inc. $4.50 pfd. (quar.)——
'Seven-Up Bottling Co. (Los Angeles;i'
6-15
93%C
(quar.)
preferred A
preferred B
10c
*
—
6-30
t
'
,
B
15C
(quar.)———.—.
Corp., c.ass A
Class
v
Corp._u—...
Paper
Seaboard
$1.75 \
1
6-30
;
(quar.)_i,——
Scranton Electric Co., 3.35%
pfd. (quar.) —
Scranton-Spring Brook Wafer Service, com.
5-17
1
Co.
preferred
3.65%
5-17
$1.75
7-
7-
$1.25
1
$1.25
—■
Corp.
Lock
Scovill
50c
6-21
T\-
Ltd.
Co.,
5-25*
6-15
t3c
r
6-10
■
common
6-15
;
7-
1
1
$17%C
—
Loan
(quar.>
Portland
Cruz
2
7-
—
series A
Works
Water
Jose
6-10
two quarters
.,-..v,'.,:
-
&
Inc.,
preferred
6-25
,
7-
(quar.)—
Corp.,—,—.—
Remedial
Bros.,
5-25
7-15
—
(semi-annual)
Ltd.
Sanger
6-10
6-15
>
1st preferred
5 % %
25c
Company
Co.—
si
common—
5-28
1-
(quar.)
A
; : 7-15
6-11
6-
■t$2.50
(quar.)w
Heating
1
6-19
25c
—
—
(quar.),
35c
(quar.)———
6-17
25c
■—
Royalty
Car
7-
1
Ry.—
Francisco
Francisco
San
.
$75C
—
6-14
62'/2C
A
6-11
'50c
,
.
—_——-—
class
1
$1.12%
————_—
(quar.)—,,:——
8ervice
6-10
7-
6-15
50c
—
75c
3'/a%
pfd.
(quar.),—
4%% preferred (s-a)„—
62%c
;
Works,,
6-
8-17
15c
—
—
1948
4.40%
Safety
7-31
Co.,
Republic Investors Fund—
,
—
1
1
6-10
6-15
20c
1
7-
1
20c
6-
t$2
6-15
7-
30c
6-15
,
1
-
6-19
50c
Lighting—
New com., (initial quar.)—.
Safeway Stores, common (quar.)„—
5% preferred (quar.)
—,—
Saguenay Power, Ltd., 414% pfd. (quar.)
tl%c
6-15
7-
————
Sabine
20c
6-15
1
(quar.;———.
6-10
•
6-19
1
—
6-7
$$1.50
1
7-
$1.25
1
:
77-
preferred (quar.) $$1.06%
a20% "
(interim)—_
414%
Inc.
Paper
1
25c
(quar.)
Public
Rpgis
St.
1
(ordinary;
preferred A
preferred A
5%
5-27
(quar.)
common
—
Reo
25<r
Engineering
preferred
6-30
1
0-
12-
$1.25
(quar.),——-——
San
of
5%
,
<'
of
6-17
40c
;
class
6-1 1
,7- 1.
'"i
>
t; +30c
—
1
a
Inc.
7-
12-10
$1.25
5% preferred A (initial)
Above payment for first
I,
25c
(quar.)
Remington Rand,
$4.50 preferred
1
6-
8-15*
2
1
,
7-
10c
fquar.),,
1
—
'Pe*»"«!virT>li G'ass «*ni-Corp, com.
C%
Reliance
6-1?
6-16
6-30
1
8-
9-10
7-
(quar.)
(quar.)
6-30
(s-a)———:
Switch—
C.)
Pennsylvania-Dixie
■
#1 60 non-cum. Dfd.
7-
(quar.)
preferred
(J.
:
7-
preferred (quar.)
$1 preferred
(quar.)
Penn
preferred
$160 non-cum.
,
75c
$1
Penney
1
Ltd.—
75c
(quar.)
preferred
1
(quar.),—
Regent Knitting Mills,
67c
quar.)
6-
Louis
Louis
25C
Inc.
Bros.,
7
(quar.)
Common
*
6834c
^
Telephone Co.—
Common
r
Insurance
Title
62 %c
(quar.)____,
Ltd
Common
,
25c
5-31
6-15
135c
7%
preferred (quar.)——
Peerless
Cement
Corp
,
Pe'iler Brewing, 5%% pfd. (accum.)
pemco Corp.,
common
Peoick
Estate
6-15
120c
...
7-
$62 %c
preferred
Manufacturing
St.
5-27
Silk
6-15
-
6-15*
25c
tlOc
(initial)—
preferred
St.
'
30c
(quar.)..
7-
—
6-14
L___
Inc.
4*
5-28
1
6-.5
1
Ltd.—
preferred (quar.)—
Industries, Ltd., common
6-30
6-
—
Inc.
Reeves
7-
6-14
29}|c
—
—
(quar.)
5%
Company
6-15
6-15
pfd. (quar.)
(quar.)—L—
conv.
6-11
$1
conv,
6-
/
1
6-15
;
5%
6-30
'■•$!
common..
5%
Products,.
Real
,6-8
i'*,--—Li
preferred, (quar.)
Chemical, 5%
1
6-15
75c
(quar.)
com.
6-28
50c
6-21
7-
7-
6-15
——————'
6-1*
7-15
6-15
140c
7-15
1
10c
(quar.)
1
$1.50
$2.50
—
(s-a)
(quar.)
(F.
Russell
5c
Hosiery Mills, common (quar.),
prior preferred (quar.)—
:
7% preferred (quar.)
Red Owl Stores, 43/4% preferred A (quar.),
Reed Roller Bit Co.
(increased)
-
6-15
(quar.)
Co.,
Real
_
7-
-
—
6-19
6-15
6-14
2
7-
(quar.)
■
7%
%$3
Electrotype Co. (quar.)—
—_—
Quarterly
i
Rayonier; Inc., $2 preferred (quar.)
—
Reading Co., 4% 2nd preferred (quar.)
Reading Tube Corp.—
50c participating class A
(quar.)—
—
6-15
7-
5%
Russell
;
5-22
Rapid
-
...w—-
Pipe Line,
(quar. )>_——
Inc.,
Cos.,
1
37 %C
Ltd.
Chemical
50c
Quaker Oats Co., common,—
6%
preferred (quar.)—
Quaker State Oil Refining Corp.——
Radio-Keith-Orpheum Corp.
—.„i,,—
Ralston Purina Co., 3%%
pfd. (quar.)_L—
1
6-15
15c
-
Co.—
Eastern
Paramount
Park
6- 3
Inc.
Oil
Pure
$1.25
;
2
7-
'
share held
Purolator
<s-a)„__
(quar.)
preferred
4%
Pullman,
6-
7-2
"
Paraffine
7
6-21
$1.50
(quar.)...
Mfg. Co., 5% preferred
Page-Hershey Tubes. Ltd
Pan American Airways.—
4%
each
-
75c
Pacolet
Panhandle
7-15
6-15
7-
6-15
20c
(Jacqo;,
4Va%
preferred (quar.)
C.) Company, common,—
additional share of common stock for
One
8-14
1
1
Puget Sound Pulp & Timber (stock dividend) —
7-15
8-14
7-
t$1.75
$1.12%
6-11
$50c
Ruppei't
.Russell
6-14
$1.18%
7-15
125c
6- 4
6-18
J50C
Ltd.
Corp.
15C
——.
8-14
22c
Telegraph
&
(quar.),
preferred
$4.75
6-19
37 %c
(quar.),
(quar.),,,—
prererred
industries,
25c
Puget Sound Power & Light Co.—
$5 prior preference (quar.)
——
Industries.
1
r....
preferred
& Co.,
Co.,
A
Bros.,
Securities
6-15
—
Service
Telephone
preferred
original
6-18
—
Mill3,
Paper, Ltd.,
Ruberoid
6-21
1
share.
per
6-20
...
(quar.)
at $110
30
6-18
1
(quar.)—
A
Corp., common (quar.),.
convertible preferred (quar.)—,.
50c
'
preferred (quar.),—
——
Corp., common voting (quar.),.
non-voting
(quar.)„„
7%
Co.—
Express
(initial)
common
Ross
,
2
—
Intermountain
New
*■ '
Roos
3
$25c
—
June
1
7-
10c
Cable
4%
Common
Inc.—
Co.
(quar.)
(quar.)
1
6-
*i:-■
2
Aggregates
Indemnity
Pacific
j
Atlantic
7-
6-15
LLvLLLL.L
7-
1
—
(quar.)
Telegraph
preference
Pacific
7-15
$2
7-
__—
Pacific
h-.V'V
$1
—
Publicker
Paahau
Pacific-American Investors,
Rome
45c
125C
(quar.)
<;
—
preferred (quar.)Sugar Plantation
—:
—
0%
5-31
Publication
6-2
2
Heat & Power Co., Ltd.—
Common
«
7%
2
6-
6-15
7-
on
&
Rolls-Royce,
/"
1$1.25
_—
(quar.)
tion
tlOc
137 y2c
(quar.)——————
Electric
Ottawa
6-11
Ltd.—
Corp.
common
Rolland
6-18
30C
(quar.)
L_„—_—
—
above Issue being called for redemp¬
This
6-8
7-
1
,* 6-15
1
6-30
(quar.),—————.
preferred
$5
6-30
$2
7-
$10c
——.
Electric & Gas—
Public Service
6-18
6-25
20c
6-
7-
60C
prior preference (quar.),
& Pendleton, Inc.—
1 New
■
6-19
.
'7- 1
:
Roeser
$1.25
Oklahoma—
6-15
—
"
——
of
Co.
preferred
4%
6-11
6-30
Service
Public
6- 4
6-15
90c
Oswego Falls Corp.,,4%% pfd. (quar.)
Otis Elevator Co.,
6%
pfd. (quar.).—
Ottawa Light,
1
6-30
,
25c
(quar.).
com.
(quar.i
preferred (monthly),,
preferred (quar.)——
preferred (quar.)
6%
6-15
of N. J„
Corp.
1
1
125c
7%
Service
7-
7-
25c
(quar.)..—_
(quar.)
com. (quar.).
Ltd.,
6-15
93 %C
——J—L
i
of New Hampshire (quar.)
Public Service Co.
Public
10c
50c
Controls—
preferred
series
5%
Bank & Trust Co.
;
$1.25
—
Co.
1
$4
Insurance,——w—
(N. Y.)—
Washington
National
Quarterly
$2.50
preferred
Debenture
7-
Gamble
&
7-
——...
conv.
&
6-16
& Co.,
Bros.
25c
50C
:
Loan
1
5%
non-cum.
$1.10
—
•Participating
7-
62y2c
Ltd., 4% preferred (s-a),
Co. (year-end)—.—
Progress Laundry Co
————
Proprietary Mines, Ltd.———
....
Provincial Paper, Ltd., 4% pfd. (quar.)
8
6-15
50c
(special) ———.——
8% preferred (quar.)
Oneida, Ltd.. common
(quar.)........——
G%
preferred (quar.)
—l.
Ontario Beauty Supply, Ltd., common——
Ontario
50c
t50c
5-25
1
$1.25
(quar.)
Rockwood
$40C
6-24
—.
Corp.,
$2.50
1
——
7- 2
6-24
Common
1
—
——
6-14
—
25C
1:25c
10c
6-18
6-
————'
(quar.).—
Ltd.
Co.,
6-29
—
45c
—
——
6-4
20c
(s-a;
class
(P. L.)
Robertson
6-
(quar.),——
Inc.
6-
6-15
—
(quar.)
(increased;
Cotton
6-30
22 %C
6-14.
$1
Co.
Mills,
Ages
6-30
—
6-1
Corp.
Omnibus
(quar.)
7-2
6-15
■r.v;
6-18
1
7-
$1
:
6-15
1
(quar.)—
20c
Alexander,
&
Corp.
convertible
of
25c
$3
20c
7-
4%%
30c
1st
6%
America—
of
common
(quar.),
6-10
—,—
Rumford
t25c
6-11
•
1
7-
$1.12%
of Canada, Ltd., common——
preferred (quar.)——
partic. preferred (quar.)—,
Pratt & Lambert, Inc.—
—:—Prentiss-Wabers
Products
(quar.)
Preston East Dome Mines, Ltd.———
6-21
I
37»/2c
Co.
Roek
62 %C
Power,
5-26
50c
25c
Corp.
6%
1
7-
—^i..—
Insurance
Robinson
1
(quar.),
5"(o preferred
K.), Inc.,
River
Power
7-
35c
—_—
„—
1
6-
———
preferred
Extra
5
6-
9334c
.
Ohio Water Service
Old
6-
1
$3
Electric
Extra
Powell
5
40C
Ohio
1
1
7-
(s-a)——
—,
Co.—,
—————
Mining
(H.
Powdrell
'
(quar.)
6-
7-
Potter Company
3
6-21'
6-30'
$1.50
common——
pfd.
6-30
6-23
$1
Myers, $1.50 partic. pfd.
Common
$1.25
————r——
preferred
6%
3.60%
40c
———-—
3.90%
25c
ti
$1.50
Inc.
Potomac
common...——j.——
Service.
1
Co.—————L————
Tool
6-25
30c
preferred (quar.) ——„———5%
prior preferred (quar.).:
:—
Ohio & Mississippi Telegraph Co. (annual)
Ohio Oil Co. (quar.)..
_—.
Public
6-
9-15
50c
(quar.)
(increased)
Robertshaw-Fulton
6-16
6-J1
22'/2c
4'/a %
Ohio
6-30
Robbins
5-26
7-15
$1
(quar.)—.
Co.,
35c
7-
7-
15c
common—
Company,
preferred
Finance
6-15
1
quar.)
common
(quar.)
Co., Inc., common
preferred (quar.)
Raisin Paper Co
Rowe
(quar.)
Common
$1.50
(quar.)
6-30
6-15
$1.50
—
Co.,
preferred
$2
87 %c
8-15
10-
$50c
4
25c
Porter
(s-a
i—
Confection
6-
(quar.)——-——
(irreg.)——
Polaris
*' 18%C
Light & Power, Ltd..———
-Oak Mfg. Co. (quar.)
—.—
Ogilvie Flour Mills, Ltd., common (quar.).
Ohio Brass Co., class A
——Class
6-14
Inc.,
preferred
5-28
Scotia
Ohio
25c
0-15
1
$1.75
Products
participating
$2
6-10
5-28
Northwestern Leather Co.
Northwestern
6-14
6-10
6-19
(quar.).:
——
—
(increased quar.).
preferred
Silk
6-10
1
12-16
-—
6%
preferred (quar.),————
Northland Greyhound Lines—
*
"
3% %
Riverside
1
(quar.)—
—
Plymouth Oil Co. (increased) L-.—
Poindexter (H. T.) & Sons Merchandise Co.—
6-20
7-
10-
,12-23
—
common-
7-
6-30
6
6-19
(quar.)——,
preferred
Metal
7-
Plough,
12-18
12-23
20c
——
Gas
Riverside
7-
$1.37^
7%
Mills,
6-10
$1.75
,
pfd. (accum.) —
Northern Indiana Public Service, common—
Star
River
1
$1.75
Plomb
6-20
1
20c
Refractories
American
North
Ohio
4
6-
1
20c
:
r
preferred (accum.).—
——£—
preferred (accum.)—:.—,———-—
Nova
'.
87yac
5Vz%
North
6-19
7-
Pittsburgh Plate Glass Co
——.—
Placer
Development,
Ltd.———.
—
Planters Nut & Chocolate Co
—
American Investment Corp.—
North
6-30
25C
■
81V2C
!
—
80c
5%
Pittsburgh & Lake Erie RR.
■
preferred
preferred
prior preferred
prior preferred
prior preferred..
7%
4
7-
•/' 7%
Electric Power
shares held
100
Finance
American
North
-
each
for
common
6-
7-
53y8C
Common
of Wisconsin
shares
Stoker
Ritter
6-
4V"4%
dividend)—
Three
Riley
7
6-
preferred (quar.)—
—
Pittsburgh Ft. Wayne & Chicago Ry. Co.—
i-;
5
A
2
non-cum.
30c
•'
Metal
6-15
preferred
6-14
,,
——
Mining Corp.,
6-3
'
preferred
$4
Riekc
6-15
——
6-30
—
Norfolk Southern Ry.
8
6-
2
6-15
;
common——,—
40c
———-
s—;<
Co
Ltd
Mines,
Normetal
15c
Co.,
J5C
Noblttt-Sparks Indutries, Inc
Noma Electric Corp.
(quar.)
Nopco
7-
140c
8
30c
preferred——
—
(quar.)_„——
—
$6
preferred
(quar.)
—
Philadelphia Dairy Products Co., Inc.—
$4.50 1st preferred (quar.)
$4 non-cum. 2nd preferred (quar.)—
Philadelphia Electric Co., common (quar.),
$1 preference common (quar.)
Philadelphia & Reading Coal & Iron
Philadelphia Suburban Transportation Co. —
5%
preferred (quar.)_——
Philadelphia Title Insurance—r—
Phllco Corp., 3%% preferred A (quar.)
Phoenix Hosiery Co—
T_:
Pickle Crow Gold Mines, Ltd
Piilsbury Mills—
"■*■', '>
$4
preferred
(quar.)
—
Pioneer
Suspender Co. (quar.)—
-L—
7-
6-
1
6-15
1
7-
(Increased
Corp.,
6-21
—
5
$2.50
—
7-
$1.11%
(irreg.)
6r 3
$2.50
(s-a)_—
(s-a)
preferred
'
Textile
1
10-
$1.75
Trading Corp.—
&
6-
9-16
Riegel
7-
$1.75
—
(quar.)
(quar.)
Corp.
7-15
,
6-16
1
6-15
37 %c
6-30
10-
,7- 1
Oil
$2
5c
$3
Richfield
20c
$4
6-15
6-15
12 %c
Pfizer
7- J
1
40C
Philadelphia
$5
7-
7%
$1.37%
(quar.)—
(quar.)
Co.
6-15
$1.75
(quar.)—.
(quar.)
preferred
preferred
2nd preferred
2nd preferred
1st
1
Holdere
Payable of Rec.
Goods
Dry
1st
7-
$1.25
9
$3
7%
6-
$1
6-
Chicago 6i St. Louis RR.—
7%
1
participating class A (accum.)——.
(Chas.) & Co., 3V2% pid. (quar.) —
$1.25
5%
6-10
53c
6-10
I
1
6-15
Rice-Stlx
7%
6-24
7-
7-
common
preferred (initial)
Corp. of America
/
6-10
$1.12 ya
20C
±
preferred
preferred
8%
Co.,
Milk
Pet
8
6-
7-1
$1.0614
—-—
(quar.)—
Co.
Auction
New York
1
Stove
Petroleum
$1.50
$1.25
——
I
(quar.)—•—
Co.
Circle
Perfect
Perfection
6-30
50c
Cncr6S86(i
-New
30c
1-
30c
When
Per
Share
Name of Company
Payable of Rec.
Share
Company
Pennsylvania Power & Light, ccftnmon
4Va% preferred (quar.)—;
—
Pennsylvania Salt Mfg. Co
Pennsylvania Telephone Corp.—
$2.10
preferred (quar.)
Pennsylvania Water & Power, com. (quar.).
$5 preferred (quar.)———
Peoples Drug Stores (quar.)
Peoples Gas Light & Coke
Peoples Telephone Corp., com. (quar.)——
Pepsi-Cola Company (reduced)—
5
6-15
20c
20c
$3.50
(s-a)——
(quar.)__,
Inc.
Brothers.
Nestle-Le-Mur
preferred
7%
Nazareth Cement,
Name of
Payable of Rec.
Holdert
When
Per
Holdert
WK*n
Pt
Share
Name of Company
Monday, June 14, 1948
FINANCIAL CHRONICLE
COMMERCIAL &
THE
(2624)
56
(quar.)
French
Cotp.
$25c
*—^
—
Laboratories
,
(quar.)————,—
Engineering
•:
^
.
7-30
6-30
$50c
——
—
7-20
6-30
35c
6-30
6-15
25c
6-14
6-
10c
6-30
6-10
5
Volume 167
Number 4707
THE
Per
Name oJ Company
Share
Bocony-Vacuum Oil (quar.)
Eommers Drug Stores Co., common
50c
i
convertible
Bonotone Corp.,
$1 25
Boss
Mfg.
South
•
Co.
1
(quar.).
South
Electric
&
Gas,
Co.
(quar.)
1
6-18
6-
7
6-28
6-17
7-
1
7-
Tide
Water
preferred
Timken
6-18
Tip
Tishman
Tobin
7-
1
6-15
6-30
6-14
6-30
6-14
37'4c
6-30
G-
5
27c
6-30
C-
5
4 '/a %
7-20
Treesweet
7-15
6-18
$1
6-21
6-
75c
6-15
5-14
b-15
5-14
*1.25
9-15
8-13
17'4c
6-15
6-
1
Tuckett
$1.06 V*
6-15
6-
1
7%
$1
6-15
6-
5
20c
6-15
6-
5
i
•
1
(quar.)
Life
G.)
Increased
6%
Co.
$1.25
&
Bros.,
Square D Company (quar.)
Squibb (E. R.) & Sons—
$4
■Btaley
(A.
66-
5
6-
5
5(4%
6-15
6-
1
Udylite
20c
6-15
Co.,
Silica
Standard
(quar.)
com.
(L.
com.
Class
A 6%
Asbestos
6-30
6-16
Union
Bag
Union
Carbide
Union
Pacific
6-
7
,5-28
Union
6-20
6-10
Common
6-15
5-14
Preferred
6-15
6-
1
Bond
fund
9-
1
7-30
Bond
fund
1
7-30
Bond
fund
C.____
$1
prior
&
6-25
United
;
6-25
United
Artists
Studebaker
Suburban
Sunbeam
.
jSun Chemical
$4.50
Sun
Sunray
Oil
4V4%
j.
^
United
6-19
United
6-16
6-10
6-20
6-10
,
Sunshine
Paper
Sweets
$4
Electric
preferred
5%
7-15
6-24
8-14
8-
7-1
pfd
1st
pfd,
(G.),
Extra,
4%
4.32%
Taylor
6-15
6"
6-
1
6-15
6-
6-30
6-30
9-15
12-31
1st
12-15
Telluride
7%
Power
7-15
6-30
5-28
7-1
6-16
U^
S.
7-10
6-10
U.
S.
;
25C
6-15
7-
15c
7%
ftc
7-
1
6-15
U.
7-
1
6-15
United
5
United
Steel
preferred
Cos.
■
United
Steel
United
6-15
United
6-15
5-28
United
1-
6-18
Universal
$1"
$4.25
7-
6-15
6-16
$1.25
8-
2
7-
1
7»
,v
27c
7
6%
pfd.
conv.
pfd.
Universal
2
6-11
Utah
Home
6-11
Utah
Hotel
6-11
Utah
Oil
8
Extra
1
1
6-15
1
6-15
7 "
(s-a)___
(accum.)
6-
7-
7-
3c
$1.75
,,
___
V
.A
25c
6-15
5-21
■
6-15
7-
0-
I
1
6-12
<quar.)__,._
Oil
Co.
to
Corp.
Co.
r
convertible
de
1
7-. 1
6-10
6-15
•
6-
4<
5-28
75c
Southeastern
Gas
Co.
(quar.)_____
6-15
5-28
Inc.,
Extra '1
common
$1.25
convertible
Thew
:
.
4V4%
Steel
Co.,
Co.,
preferred
1.
6-
1
7-15
6-15
25c
(quar.)
Co.______.
7%
preferred
common
Mills
7-15
6-15
57'4c
7-
1
6-15
31 y4c
:.
7-
1
6-
9
6-30
6-
1
$4
fquar.)
(quar.)
6-
1
6-19
6-
9
6-19
6-
9
$1.06(4
:—:
6-15
20c
(quar.)
$1.75
40c
(quar.)
__—___________
preferred
Thomaston
(quar.)
Carbon
Shovel
Extra
6-
6-15
'
i—
_____
preferred
Thomas
6-15
25c
(quar.)
,
$2.30
>Theramatic
7'4 c
2'4 c
Textron
6-15
6-
4
50c
6-25
6-15
6-15
7-15
6-15
7-
6-17
RR.
6%
Chemical
$5 preferred
Virginian
6%
(quar.)
Railway,
preferred
Visking Corp.
Common
B
com.
;—;
1
2-
1
8-2
11-
1
preferred
$1.25 2-15-49
2-
1
A
A
(quar.)
&
Tablet
Stationery
Weston
(George)
Common
2
Whitaker
Paper
9-20
8-31*
Whitehall
Cement
12-20
11-30*
1
$5
Steel
prior
7%
7-
1
6-15
White
7-
1
6-15
Whiting
6-
7-
6-14
1
6-
Motor
6-15
6-
1
6-15
5-25
7-
6-15
1
7-12
<
6-30
7-
6-
6-4
6-30
6-19
7-15,
7-
5
Wilson
&
5%
1
2
7-14
4V4%
7-14
Wisconsin
6-16
A
Wiser
1
6-15
6-
Oil
Wood
5
5-28
5c
6-15
5-28
35c
7-1
6-
Co.
(Alan)
Woodward
5%
7-
1
10-
1
13-21
6-19
6-18
6-
8-
6-30
7-
1
6-18
7-
1
6-18
$1.06 y*
7-
1
6-18
(initial
9
6-30
6-21
Steel
&
Cab
9-
1
12-
1
Yolande
6-15
6-
1
York
7-
2
6-10
7-
2
6-21
(initial
5-14
5-28
7-31
7-15
6-30
6-10
6-15
6-
•
ft
,
6%
Mfg.
convertible preferred
•
»
1
6-12
5-28
6-15
5-28
$1.20
6-15
5-31
25C
6-10
7-
1
6-14
7-
1
6-14
6-30
5-31
50c
6-29
50c
6-28
6-16
$1.25
6-28
6-16
$40c
—
1
$50c
(quar.)
1
7-
$1.25
_____
7-
25c
7-10
6-25
6-30
6-14
25c
6-21
6-
1
$1.12ya
6-15
6-
1
$1.1214
(quar.)_
6-15
6-1
$4C
—,—
1st preferred
7%
2nd
Youngstown
Youngstown
Youngstown
Sheet
Steel
Steel
Door
books
not
A.)
Steel
(s-a)
&
6-18
7-31
7-20
7-
1
7-
I
6-
7-
1
6- 8
6-30
6-15
$20c
.
6-15
8
$$3.50
Wire
6-30
$$3.50
6-30
6-15
25C
(s-a)
&
7-19
1
56 >/4c
(s-a)
preferred
2
7-
25c
Car
(L.
8-
12 (4c
preferred (quar.)
York Knitting Mills, Ltd.,class A
7%
6-19
37'4 c
(quar.)_
4(4%
Young
1
" '
(s-a)
common
5-27
7-
25c
J
7- 2
25c
(quar.)
(reduced)
Corp-
Corp.,
6-19
1
',1
28c
quar.)—
.
6-16
7-
.
$1,12(4
Co.—
6-
1
■■
$1:12'/a
preferred
Co.
6-26
5
8c
'
.
•
\
quar.)
prior
6-30
6-
1
6-
6-30
common—
common
6-15
6-
6-14
5-14
6-12
com._
Lothrop,
Towne
&
9-10
6-15
1
25c
Yale
12-10
6-15
2
7-
$1.50
_______
Co.
cumulative
Yellow
15C
7-
■'sji 25c
—
Wright-Hargreaves Mines, Ltd.
Wrigley (Wm.) Jr., Co.—
Monthly
6-10
1
6-25
$$2.50
t
6-10
25C
1
6-30
t25c
$1.06 V*
(quar.)
7-30
7-
$1.12'4
$50c
Co.—
Light,
(quar.)
8-16
10c
(s-a)
(quar.)
preferred
4(4%
7-16
6-15
6-
(quar.).
Tube—.
6-15
1
$1
(quar.)
5-14
6-30
6-22
25c
—
6-15
15C
6-15
6- 1
6-16
30c
6-21
66-
1
closed
for
1
$1.25
6-21
62 (4c
6-25
6-11
8-
2
7-15
50c
—
7-15
30c
Combing Corp. of Canada, Ltd. (quar.)
Worthington Pump & Machinery Corp.—
New
common
(initial)
4'4% convertible prior preferred (quar.)_
9-20
1-2-49
25c
$1.50
—
25c
;
Wool
5
50c
(initial quar.)
pfd.
Co.—
40c
(quar.)
6- 1
evf5
Corp. (s-a)_
preferred (quar.)
&
6-10
6-15
6-25
75c
preferred (quar.)
Woods Mfg. Co., Ltd. (quar.)
Woodward Iron Co.
(quar.)
5
6-
1
Power
6-24
30C
5%
6-15
10-22
15c
6-15
6-15
1
40c
>
preferred
6%
preferred
4.80% preferred
1
10c
11-
40c
1
75c
6-14
$1.75
—
4(4 %
1
6-4
6- 4
1
(quar.)—
Michigan Power
pfd. (quar.)
8-2
7-
1
1
7-
(Mass.).
Wisconsin
7-
7-
7-
quar.)
(extra)
Inc.
Investment
6-15
6-
6-18
(increased
Co.,
6-30
6-
6-10
6-15
1
»
(s-a)
Bankshares
Wisconsin
1
2
1
7-
50c
Oil—_—:
non-cum.
6-21
8-
7-
7-
$1.25
Mfg.
preferred
87(4c
(accum.)
6-10
$1
Wisconsin
6-15
$12c
1
$25c
—
Company, Inc., $4.25
Electric, common
Winnipeg
4
7-
75c
preferred
7-1
,7-
:
(quar.)
Oil Co. (quar.) _______
Willys-Overland Motors, Inc.—
$4.50 conv. preferred A (quar.)___
Wilsil, Ltd. (quar.)
6-10
6-15
5-15
6-
$1.50
—
Wilcox
1
6-15
6-15
6-15
com.—
Stores, Inc. com.
preferred (quar.)—
$4.25
9-17
1
Co
Co.
River
1
25c
Wieboldt
$6
10-
7-
Ry.—
(quar.)
Corporation
(Wm.) Co.,
Whitman
1
6-30
$2
(quar.)
quar.)
Erie
Corp.
pfd.
non-cum.
6-15
1
Lake
&
6-24
7-10
Ltd.—
(increased
6-15
62(4c
$1
8- 2
25C
Water-Co., $6 pfd.
5-31*
$1.12ya
50C
(quar.)
6-
7-
,
$1.25
Co.
Inc.
6-20
^25c
$$1.25
—
50c
com.—
Weycnberg Shoe Mfg.—
6-30
:
Corp.,
preferred
6-15
6-15
37 (4 c
A
11-
11-15
50c
(quar.)
common
11-15
75C 2-15-49
$1.25
$1.25
——
common
8-16
75c
:
5-14
Corp.—•
preferred
1
preferred
$1.25
Corp.—————
participating
$1.25
75c
1
;*
Co.——-,
Virginia-Carolina
Co.—
8-16
Wheeling
Wheeling
$3
..
—
Virginia Elec. & Power,
5-26
Co.
•Transfer
Pump
(quar.)
A
(quar.)
(quar.)
1
20C
Products
6-15
$35c
7-
6-15
—_
_—
—
Victor
5-21
1
(quar.)
Securities
7-
Bakers, Inc.
___—
Viking
7
7-
5-28
6-15
62Y2C
,
Texas
6-
7-15
Westmoreland
62 (4c
—
75c
25c
$1.12ya
$1.25
5%
:
,
6-15
t50c
8
6-30
—
Co
6-15
1
6-19
6-
$1.50
Quarterly*
Norman
1
7-
1
6-30
25c
—
(s-a)
7-
25c
7-
Coal
50C
——
Dutch
25c
6-16
Westmoreland
25C
(quar.)—
preferred
Kamp's Holland
6-W
40C
Westinghouse
10c
5%
$4
6-21
1
25c
Westmoreland,
50C
—
(quar.)_
Knitting Co.—
prior preferred
(quar.)
prior preferred (quar.)
5% prior preferred (quar.)
Valspar Corp., common (s-a)
6-21
7-15
7-
Stores
7
25c
(accum.)
5%
7-15
$1.05
$1.50
Co.—_i_~——
6^
50%
(quar.)
$1.12 »4
—
6-15
6-21*
20c
Vapor Heating Corp. —
5%
preferred (quar.)
5%
preferred (quar.)
4
Veeder-Root, Inc. (quar.)
Viau, Ltd., common (quar.) ________
5%
preferred
(quar.) _—________
Viceroy Manufacturing Co., Ltd—
Victor Chemical
Works, common—
3(4%
preferred (quar,)—
50c
1
50c
Van
7-
'■■••••••■j
(quar.)
7-
50c
—-
Light
6-18
$50c
6-15
$2»4c
(quar.)___.
6-16
(increased)-
(quar.).
Air
Brake
$12yac
——_—
6-10
$1.06(4
(quar.)!_____
iquar.)________i:-_-_______
Texas Gulf Sulphur
6-21«
$8.75
common
6-10
6-10
6-21*
6
$2
Insurance
6-15
6-30
Service—
Wisconsin
(quar.)
6-30
3
6
43 %C
(quar.)____i
common
1
6-30
(quar.)
preferred A
Wichita
approval)
7-
7-
7-
6-15
—
&
7-
25c
$1.75
(quar.)
Pacific
Western
'
30C
$1.02'4
preferred
50c
_____
35c
1 A
6-10
7-
25c
—
Power
6-15
5 %
6-10
-
6-14
(quar.)
Utica
11
Van
6-25
1
30C
;—
(subject
Refining
1
5%
6-23
.'7--1
60c
•
com.__
5%
35c
_______—
Co.
2
6-15
7-
$1.75
__—;
Fire
2
7-
6-
7-15
6214C
Canada Mines, Ltd
;—
Upressit Metal Cap Corp., 8% pfd.
Upson Company, 4(4%
preferred
7-
25C
$1.35
2nd
50C
50C
Co._________
(quar.)
Match Corp
Winding Co.,
Universal
6-15
6-15
7-
\
(quar.)
Corp.
Steel
7-
Common
—
<quar.)__——,—
Tobacco,
6-15
A
Western
70c
Upper
.-%■ 25c
___________
Leaf
7-1
-
5-26
22yac
Ltd
Wire
50c
Inc
_____
Insurance
7-15
preferred
6-17
I '
&
7-
$25c
V
Plywood
dividend
6-15
:
6
••
.
Extra ; >__u
8%
Utah
■v
Y.)
Consolidated
Universal
4-30
V
_
(N.
Universal-Cyclops
.6-18
2
7-
$1.40
8-2
—
Stock
1
6-30
$50c
(accum.)
$6
preferred
Company
6-18
7-1
•
Western
Common
Corp., $4.20 2nd pfd. (irreg.)
Stove Co.
(irreg.)
Wallpaper, 4% preferred (quar.)
7-
7-1
8
Common
Stores
■.
7
7-
5-26
(s-a)_
Corp.,
1
6
6-30
(quar.)
Share—
Co.
6-
56 y4c
(quar.)
Trust
7-
15c
\
S.
6-18
6-5
Grocers, Ltd., class
preferred
(quar.)
6-21
common________-____—
Lines
6-30
6-
6-
7-30
Western
6
4
__—
preferred
non-cum.
Truck
7-15
$1
A
Co.,
States
6-
25c
,.,•
Tobacco
U. _S.
7-1
6-14
62yac
Printing & Lithograph—
preferred (quar.)_
6-15
1
7
75c
S.
2
6-
50c
U.
6-15
6-14
$1.75
6-18
S.
8-12
6-30
6-15
(quar.)
preferred (quar.)
Products. Ltd. (s-a)
.7-10
•■it
U.
8-16
20c
Common
10%
,
Co., common.
(quar.)
Playing Card
5-25
$l'4c
.
Condensing
Department
—
7-15
___
(quar.)__
Western
p0^sh"^::::::::::::::^::::::::z:
>5%
6-15
10c
$6
50C
S.
6-17
$1.75
common-.
25C
s.
6-17
6-10
—i;:
(quar.)
6-11
20C
u.
1
6-15
6-21
15c
(s-a)
common
Utilities.
7-
$1
U,
1
1
1
*
(quar,)—
Virginia Water
$2.50
6-14
7-
preferred
preferred B
Texas
$4.50
$1.75
(quar.)
7-
7-
7-
5%
6-18
,
7-
35c
■
Corp.
Tennessee Gas Transmission Co.
Texas
.7 6-10
7-15
15C
7-19
$1.75
1
'
(quar.)
preferred
1
7-
$1.25
6-15
Westeel
—
Quarterly
6-18
6-30
5-28
Co
(s-a)
1
45c
Co.,
6-10
1
1
6-16%.
7-
7-19
West
1
1
7-
31V4C
(quar.)
preferred (quar.)_
West Virginia Pulp &
Paper (quar.)
Special
:
1
6-
6-
1
50c
(quar.)
1
7-12
7-
8-16
70c
6-15
40C
.
1
50c
A
6-
6-15
7-
30C
$1.50
4.20%
1
25c
(quar.)_
6-15
6-30
(quar.)
4(4%
6-1
7-1
10- 1
7-15
preferred
Penn Power
1
—
preferred
15C
■
5-29
7-15
10-15
8-16
6-29
(quar.)
Pipe & Foundry Co.—
25c
___
6-15
;
a
6-1
5-25
$1.75
7-
Quarterly
20C
;
com__
.
S.
6-
6-15
6-15
(quar.)__
*
(quar.)
6-28
%
I 25c
common
preferred
6
j.—w—
6-11
6-21
6-30
v
$1.12
________
6-15
20c
—*
Gypsum
7-
preferred
70c
U.
6-18
C-
3
7-
5Cc
_
West
i
Leather Co., class A___________
Lines Co., common (quar.)—
4(4%
6-18
7
1
S.
7%
25c
$1.50
——;_i—
Co.,
1
class A___
Co.,
B
25c
Tennessee
$4.10
.
U,
6-30 A A 6-15
50c
______
common
Co.,
preferred
7%
6-25
62 ya c
26
.
Foil
Guarantee
______
;
6%
6-10
nya%
preferred (quar.)—
Freight Co. (quar.)
(quar.)
:
6-10
6-20
-
:
S.
$5c
Temple Coal Co.,
S.
Class
6-23
35c
(quar.)—
7-
v
preferred
S.
$1.25
_______
6-20
A
Western
(quar.)
U.
_______________
...A
preferred
U.
:..;v
(quar.)
7%
'
Finishing Co., $4
7
$1.25
Electric
Penn
Class
65c
.
6-15
;
West
6-10
25C
____—__—
6-16
(quar.)___________________
&
U.
15c
(quar.)
6-10
6-10
6-20
25c
& Canal Co.
1
•fr• p 50C
(quar.)
preferred
S.
7%
6-15
9-30
7- 1
(quar.)
convertible
U.
1
7-
25c
Snowdrift Co.,
6-22
Air
Quarterly'
6-15
Oil &
1
Conditioning, $7 pfd. (quar.).
U. S. Fidelity & Guaranty Co. (Bait.) —
1
6-15
S.
Jersey RR.
6-18
—:
Co
'7-
—
.
2
___
Instrument
7%
U.
7-
pfd.
Wesson
&
$1.75
.___
7-
_■—
Telephone Bond
6-18
25C
_____
pfd.
1
6-20
2ya%
56c
(quar.)
preferred
United New
25c
5%
4
75C
7-10
25c
(quar.)._
Tappan Stove Co.
Taylor & Fenn Co.
Ltd.—
7-
(quar.)_____
Wells-Gardner
40c
—
(final)
1
;
Co., com.
Wellington Fire Insurance
Wellington Fund, Inc
6-
$1
________
87'4c
(quar.)___^-______J_
Ltd.,
(quar.)
Molasses,
6-30
10c
Tkmblyn
United
7-10
common__________
conv.
6- 4
7-1
30c
1
37'4 c
•:
&
6-16
7-
$3.50
(increased)
6-14
4
West
(s-a)
dividend
1
15C
(quar.)
(quar.)
4(4 %. preferred
Stock
6-15
15c
(quar.)
(James), Inc.,
Corp.
6-
50c
Extra
5
8-
43%C
(quar.)
Improvement
dividend
8:
(quar.)
Products
preferred
Webster-Chicago
6-14
Manufacturers—
Cash
1
350
preferred
6-10
Co
Merchants
75c
________
VTalcott
$5
55C
Illuminating
United
,
A
Co.,
7-
—
5-20
7-
(quar.)
50c
$1.25
5-24
$15c
; Bylvanite Gold Mines, Ltd. (quar.)
Tacony-Palmyra Bridge, common, (quar.)
Class
Co.
17>4c
—i
5-29
Gas
Ordinary
America, Inc.__
Company (quar.)
Sylvania
Weatherhead
—
25c
common
Co.
Motor
1*
________
Inc.-
5-20
15C
—
Weber Showcase & Fixture
5%
preferred (quar.)
S3 preferred (quar.)
United Dyewood Corp., 7% pfd. (accum.)
United Gas Corporation
6-15
50c
of
Co.
Swift &
(quar.)
Chemicals,
6-15
50c
25C
—
6-23
Corp.,
$15c
common.,...
Co.
preferred
5-29
(quar.)
Waukesha
20c
6-15
$1.25
(quar.)
Sutherland
1
5%
5-29
6-30
(quar.)__
Vvuveny Oil Works (increased)
Wayne
Knitting Mills—
Wayne Pump Co. (quar.)
17c
(irreg.)
6-30
35C
Circulit, Inc.—
United
i2yac
(quar.)____.
Mining
6-19
$1.25
4'4%
(quar.),__
Superheater Co.
Co.
6-
(quar.)__l
common
S-29
$20c
Common
10c
United
•
iquar.)____
^Superior Steel Corp.
Rope
5-29
$1.37ya
7-
'
5-21
6-30
6-30
30C
(quar.)
6-15
6-20
6-15
V
Produc¬
common——
$1
<
5-17
6-M
1
62'4 c
(Walt)
common
Co.,
Wire
1
_______
Corp,
Corp.,
5c
quar.)
5
6-
5-1T
6-15
5e
_____________
Washington Water Power, $6 pfd. (quar.)_
Waterloo, Cedar Falls & Northern RR.—
5
1
6-12
Worts—
River RR., guaranteed (s-a)
Warner Bros Pictures (reduced
6-
7-
1
7-
t37(4c
preferred
7-
2
6-9
6-15
7-15
9c
Theatre
&
Products, class A (quar.)
Mills,
6-20
19c
5-14
A'A-
A
Gooderham
9-18
1
6-18
40c
Ltd
6-
7-
$1
6-19
1
1
6- 8
62'4 c
-
Waterous,
6-20
31c
5-29
933/<c
.:
Gas,
Corp.,
710-
20c
6-15
6-16
25C
,
v.-
6-15
4(4% convertible preferred B (initial)__1_15»37/lOOc
Sunset-McKee Co.
(quar.)____
15C
"
,
6-19
1
$1.25
Co. $4
preferred
l :
25c
Corp.,
Co.
—
6-Kt
6-30
6-25
15C
(quar.)
See Disney
Baking
5(4%
1
fund
37yac
common__^____
(quar.)____
Inc.____
preferred
Oil
Ward
7
6-
62 (4c
2
75c
6-7
6-
6-15
$2.50
6-15
I
preferred
Corp.
Propane
6-30
6-4&
7-
$$1
1
tions
4
6-30
(initial)
com.
$1
Corp.
Corp.
7-
7-
new
35c
(quar.)_____
(JStrawbridge & Clothier $5 pfd.
■f
1
;.25c
Truck—I
*Stromberg-Carlson
7-
$1
v
____,
Webster,
6-
7-
30c
preferred
Disney.
7-TO
10-9
Extra
6-30
fund
Aircraft
6-30
Wire
25C
__
Inc.,
6%
1
7-15
A_____________—
6-30
.
('Stix Baer & Fuller Co., 7%
5%
6-
$1.12 ya
Funds—
Union
25c
<quar.)_____
Ltd
~Btokely-Van Camp,
6-15
6-16
Co.
stock
6-19
75c
Stern-Textiles,
r,Stone
Carbon,
stock
IOC
Drug, 3'4% preferred (quar.)
Electric Motors (quar.)
Motor
7-
Trusteed
1
class A_______
(quar.)__
Stewart-Warner
v
&
RR.
'
Stern &
,
,5%
11-10
B__o.i.*_4.——_—______
9-
com.___
Sterling
Sterling
Sterling
,
11-15
—
7-15
18 %c
_____
(quar.)
Bros.*,
6-15
7-20
10-20
5c
(quar.).
preferred (quar.)
75c
7-15
$10C
!
preferred
Paper
&
35c
35c
B
Washburn
(quar.)__—
(quar.)
(quar.)_
50c
(quar.)
5%
2
8-10
Y.)
2
_
(quar.)
Finance Corp.
B
Stedman
6-15
7-
Class
7-10
;
<N.
2
$10c
preferred
6-15
6-15
2
$1.75
Rubber
&
8-
i
5%
j,'
Corp.
94c
________________
,Stecher-Traung Lithograph,
!*
2
2
7-
25C
8-
,
preferred
Walker Vitamin
77-
13%c
15c
5%
(Hiram)
Quarterly
8-16
(irreg.)
$1
_:
preferred
6-
25c
(quar.)
9-10
;
(quar.)__
class A
Walker
Co.,
Wamsutta
(quar.)
Union
(quar.)
common
(quar.)
Co.
5
&
6-15
2
7-15
(quar.)__
Underwriters Trust Co.
preferred
Walker
37»/4c
40c
Corp.___^_.______________
Co., Inc
Ltd. ■'
A,A
-
S.)
&
preferred
Corp.
common
Underwood
■-
Stanley **rock,
\ • Class A (quar.)
'.} Class B (quar.)
rState Loan
Corp.,
6-15
$$1.25
Stoker
.Starrett
Corp.
9-20
Co
6-21
62 (4C
Fixture
5-23
Extra
-Standard
4%
5
25c
$1
Milling Co. (quar.)____
Standard Oil Co. of California <quar,)_
Standard Oil of Kentucky (quar.)
preferred
6-15
6-
25c
1
6-30
6-10
Co.
Ware
(quar.)
(quar.)
7-15
6-19
(quar.)
Sugar
7-
$$1.12 ya
Quarterly
Tyler
G-15
.
tStandard
Standard Oil of Ohio,
1
31'/4C
Street
5
________
3%%
Salle
1
_
$3 participating preferred (quar.)
Participating
(Standard Gas Equipment Corp.______
"j
8
La
7-
(quar.).
75c preferred
tquar.)
_'__A
Standard Fruit & Steamship
Corp.,
j
7-
6-21
$15c
quar.)
Film Corp.—
preferred
(quar.)
Iron
&
System, Inc. (quar.)
Walgreen Co., common (quar.)
Walt
87'4c
Ltd,,
^Standard Factors Corp.
6-15
6-K>
;
30c
Waldorf
1
6-30
$2.50
i
common--
25c
5 %
preferred
(qua r.)
Standard Coosa-Thatcher
■.
9-16
7-
1
7-
:
(quar.)
Chemical
9-30
50c
$3c
(quar.)___
Standard
South
6-15
;
E.)
preferred
Wailuku
$50c
preferred
47'4 c
____
$3.50
6-23
$50c
(quar.)
prior
$1.12 ft
_______
Mfg. Co.,.common
$3.75
preferred
(quar.)
Standard Brands, Inc., common
f '
Mold
8
Holder*
Payable 0f Rm.
75c
Cotton Co., Ltd.
(quar.)___
Wagner Electric Corp. (quar.)_.
Waialua Agricultural Co
;
1
$$1.75
(initial
convertible
6-15
25c
6-
2
Co., Ltd.—
$4.50
7-13
;
7-
7-
2c
—
(accum.)—
(quar.).
Wabasco
Co.—
Century-Fox
Common
6-15
__________
preferred (quar,)__
preferred A (quar.)
$4
6-15
10c
(quar.)
6-10*
$15c
(quar.)
common
$1.50
common-.:
preferred
_________
}
1
208
37>4c
Co.,
New
Inc.—
quarterly
convertible
(quar.)
$1.50
Spiegel, Inc., $4.50 preferred (quar.)
? Bprague
Electric Co. (quar.)
Springer Sturgeon Gold Mines, Ltd
; Springfield Fire & Marine Insurance.
.
7-
7-15
6-21
Tucson Gas Electric Light & Power Co.—
(Danas; —
40c
Eparks-Withington
y
1
__
Insurance
Tobacco
preferred
Twentieth
_
preferred
3c
(Dallas)
Quarterly
Quarterly
Troy & Greenbush RR. Association (s-a)
(quar.)
preferred
7%
Vulcan
$1.75
preferred
(quar.)
Trinity Universal Insurance
1*
preferred
5%
preferred
6-10
5-25
;—
Products
pfd.
57
30c
1
15c
——
prior
conv.
Common
6-15
7-
When
Share
Detinning Co.,-
m2c
(quar.)—
$1.25
non-cum.
Quarterly
Spalding (A.
Ltd.
preferred
8-16
$:.*&
Southwestern
Vulcan
7%
__.—
Axle
-—
5%.
>
1
25c
93%c
(quar.)—
Iron
t30c
.Southwestern Electric Service
(quar.)_
Southwestern Gas & Electric—
6-
Co.—
;
$$1.50
(quar.)
6-10
Works, Ltd., common (quar.)_
60c partic. class A (quar.)
.'
Traders Finance Corp., Ltd., class A_______
Class B
—!
iquar.)
Gas, common
4%% preferred (quar.)
Southland Royalty Co. (irreg.)
6-10
6-30
50c
Inc.
Tailors,
Toronto
preierrea
Union
Corp., $3
$4.50-preferred
Realty & Construction—
Extra
non-cum.
Southern
6-30
Co., common (quar.)
7%
preferred (quar.)
Toklan Royalty Corp.
(s-a)—
5%
v
(quar.)
Packing
25c
(quar.)
Vuican
25c
6-15
Co.—-
common
Top
50c
6% participating preferred (quar.)
Southern Pacific Co.
(quar.)_,
Co.,
1
Inc.—
Original preferred (quar.)_
4.32% preferred
Southern Canada Power Co., Ltd.—
Common (quar.)
Railway
7-
50c
Edison
pfd.
6-15
50c
•
__
California
$1
$1.12(4
$1.06 V*
Oil
Per
Name of Company
,
1
'
(quar.)
Co.,
Detroit
6-15
1
6-
6-15
6-15
7-
Holdert
6-15
—_
(quar.)
Associated
Roofing
6-29
$2
When
Payable of Rec.
50c
(2625)
25c
$3.75
Tilo
6-18
1
preierred
6-29
__
Extra
Southern
6-
4(4%
30c
_____
Co.,
.
6-30
$0.2521
_
__
Quarterly
)
1
62 '4C
(initial)
preferred (quar.):—;
Thrifty Drug Stores, 4Vz'/c
6-17
6-
(increased),
4%
$1.20
Penn Oil
Southern
1
6-30
3iy4c
(s-a)_
com.
Per
Share
Thompson Products, Ipc., com.
6-17
25c
(quar.)
Bouth Porto Rico Sugar, common
(increased)
8','e
preferred
(quar.)
South West Pennsylvania
Pipe Lines
Southern Advance Bag & Paper
•
1
7-
IOC
FINANCIAL CHRONICLE
Name of Company
5-14
25c
preferred A
(quar.)
convertible preferred
Special
7-
12(40
(quar.)
preferred
5'4%
6-15
12 (a c
&
Holdert
Payable of Rec.
25c
(quar.)
Carolina
5%
preferred
common
convertible
When
COMMERCIAL
6-15
6-
4
50c
6-15
6-
4
this
dividend.
tPayable in U. S. Funds, less 15%
Canadian
tPayable
deductible
resident
a
Less
xLess
tax
in Canadian funds, tax
15%; resident tax 7%.
British
30%
income
Jamaica
tax.
income
non-residents'
at
the
;
tax.
Non¬
source.
,
'
tax.
'
"
r
"
58
COMMERCIAL
THE
(2626)
Monday, June 14, 1948
FINANCIAL 'CHRONICLE
&
BOND PROPOSALS AND NEGOTIATIONS
ALABAMA
snes, Ely, Beck & Co. of Phoenix,
and
Boettcher
&
Co., Denver,
Gadsden, Ala.
Bond Sale—The $355,000
public
improvement bonds offered on
June 8—v. 167, p. 2407—were pur¬
chased by a syndicate composed
Of
jointly.
serially
Dated April 1, 1948.
on
July
1, from
Due
1949 to
1968 inclusive.
Dated July
1, 1948.
Due serially
July 1, from 1949 to 1964 in¬
clusive.
,V ''f
'•' •
.
Consumnes River Union Sch. Diet',
Sacramento
County (P. O.
,Sacramento), Calif.
Bond Sale
The $30,000 land
CALIFORNIA
Gaines, Brodnax & Co., of Bir¬
mingham; Trust Co. of Georgia;
Robinson-Humphrey Co., both of
Atlanta, and George M. Woods &
Co., of Montgomery, as 2%s, at
100.34,
basis of
a
June
1,
1948.
2.682%.
Dated
Due
serially on
June 1, from 1949 to 1958, incl.
The
next
highest
bidder
was
Stubbs, Smith & Lombardo; Hendrix
& Mayes; Thomas &
Co.;
Lyons <&
Shafto,
and
Gordon
Meeks & Co., jointly,-for 2%s, at
100.291.
ARIZONA
(P. O. San Diego),
County
''V-v
Calif.
Toted
Bonds
Imperial School Districts, Imperial
County (P. O. El Centro),-''• >
Sch. Dist.f San .Diego
Encinitas
on
Calif.
V
■
At
—
,,
—were
&
school bonds.
—
Alameda Unified School District,
Alameda
County (P. O.
Oakdale), Calif.
Bonds Voted
held
June
on
proved
At
—
the
1
election
an
voters
ap¬
the issuance of $2,700,000
construction bonds.
acquisition and building bonds of¬
fered on June 7 were purchased
by the Bank of America National
Trust & Savings Association, of
Dated
Francisco.
San
Due
1948.
$3,000
June
15,
June
on
15,
from 1950 to 1959 inclusive.
Areata
on June 7—v. 167, p: 2302
purchased by John Nuveen
Co. of Chicago, at a price of
offered
election held on May 25 the voters
approved the issuance of $95,000"
Sale—The $221,000 bonds
Bond
special
a
100.03,
interest
follows:
a
3.347%,
Firebaugh Joint School District,
"Fresno and Madera Counties
as
met
No.
66
(P. O. Phoenix), Ariz.
Bond
Sale
—
The
school bond3 offered
167,
v.
$160,000
on
June 3—
2179—were purchased by
p.
Refsnes, Ely, Beck & Co. of Phoe¬
nix, at
price of 100.01, a net in¬
2.867%, maturing on
July 1, as follows: $18,000 as 2s,
maturing from 1949 to 1951; $18,000 as 2V4s, maturing from 1952
to 1954; $18,000 as 2y2s,
maturing
from
1955
to
1957; $18,000 as
2%s, maturing from 1958 to 1960;
$24,000 as 2%s, maturing from
1961 to 1963; $45,000 as 27/8s, ma¬
turing from 1964 to 1966, and
$19,000 as 3s, maturing in 1967 and
a
terest cost of
1968.
In
addition
to
the
above
coupons, the entire issue will bear
interest lo total 4% from July 1,
1948
to Jan.
1, 1950.
Dated Jan.
The next highest bidder
1, 1948.
was
Peters, Writer & Christensen,
Bosworth, Sullivan & Co. and
Henry Dahlberg & Co., jointly,
for
$18,000 as 1%; $12,000 as 2s;
$12,000 as 2V4s; $24,000 as 2V2s;
$18,000 as 2%s, and $76,000 as
L85s, plus sufficient additional in¬
terest
to
total
issue from
1950, at
Pima
4%
the
on
entire
July 1, 1948 to July 1,
par.
$155,000 Valley Union High School
District bonds, for $120,000 as
3*/4s,
maturing on July
Bond Offering—E. Dusenberry,
1,
from 1949 to 1958, and $16,000
County Clerk of Fresno County,
as
will
receive
sealed
bids
until
3V2s, maturing on July 1,
from 1959 to 1963, all includ10:30 a.m.
(CDST) on June 22
O. Fresno), Calif.
(P.
Elementary School District,
sive.
♦!
V-.- s
for the purchase of $30,000 not to
Corona, Calif.
Humboldt County (P. O.
exceed
66,000 •* Union
School
District
5%
interest
building
Bond Sale—The $220,000 sewer,
Eureka), Calif.
bonds. Dated July 1, 1948. Denom.
bonds, for $50,000 as 3^4s,
1948 bonds offered on June 8—
Bond Offering—Fred J. Moore,
maturing on July 1, from 1949
v. 167, p. 2407—were purchased by
$1,000. Due $5,000 on July 1, from
Jr., County Clerk, will receive
to 1958, and $16,000 as 3>l/zs,
1949 to 1954 incl. Principal and
the American Trust Co. of San
sealed bids until 2 p.m. (Calif.
maturing from 1959 to 1963,
at the
Francisco,
Braun,
Bosworth
& interest -'(J-J) -payable
DST) on June 16 for the pur¬
/ all inclusive.
*
v.
*
Treasurer's
office.
A
Co., Inc., and Weeden & Co., of County
chase of $130,000 not to exceed 5%
reasonable time, not to exceed 10
San Francisco, jointly, as 2*As, at
Dated July 1, 1948.
The nexft
interest building coupon or regis¬
a
price of 101.788, a basis <of days, will be allowed the pur-^ highest bidder was Blyth & Co*
tered bonds.
Dated June 15, 1948.
2.285%. Dated July 1, 1948.
Due chaser for the purpose of deter¬ for $221,000 as 3^s, at 100.35.
Denomination
$1,000.
Due
on
serially on July 1, from 1949 to mining at his own expense the
June 15, as follows:
Kaweah School District, Tulare
~
1968 inclusive.
legality of the proceedings had in
$6,000 from 1950 to 1959 and
County (P. O. Visalia), Calif. •«
connection with the issuance of
$7,000 from 1960 to 1969 inclu¬
Bond Sale-^The $17,000 school
County Sanitation District No. 3, the bonds and the bonds must be
sive.
bonds offered on May 18—v. 167,
Principal and interest (JLos Angeles County (P. O.
taken up and paid for within 5
D) payable at the County Treas¬
V
Los Angeles), Calif.
days after notice has been given p. 2074—were purchased by the.
urer's office.
Rate of interest to
Bond Offering—K. H. Harding, that they are ready for delivery. County Board of Retirement, as
be in multiples of V4 of 1%. Bid¬
Secretary of Board of Directors, A certified check for $1,000 pay¬ 27/8s at a price of 100.229, a net,
ders will
be
interest
permitted/ to
bid will receive sealed bids until 2 able to the Board of
cost
of
2.649%. Dated"
Supervisors
different rates irrespective of the
June
1, 1948.
Due serially on
p.m.
(Calif.
Daylight
Savings of Fresno County, is required.
maturities of the bonds. The legal
June 1, from 1949 to 1965 inclu-*
Time) on June 14 for "the pur¬
opinion of Orrick, Dahlquist, Neff, chase of
The
next
highest, "bidder,
$1,300,000 not to exceed Gallatin Sch. Dist., Los Angeles sive.
Brown & Herrington of San Fran¬
National
Bank,.
6%
interest
sewage
"disposal County (P. OJLos Angeles), Calif. was the First
cisco, will be furnished the suc¬ bonds. Due
$100,000 on May 1,
Bond Offering — Earl Lippold, Orosi, for 2%s, at par.
cessful
bidder
without
charge. from 1974 to 1986 inclusive. /Prin¬ Clerk of Board of
Supervisors,
Larkspur, Calif. -;V
These are the bonds authorized
cipal and interest (M-N) payable will receive sealed bids until. 10
Bond Sale—The $187,000 sew-"
at the election held on Feb.:27. A
at the County Treasurer's office, a.m.
(Calif.
Daylight
Saving age "disposal bonds offered on:
certified check for $5,000 payable
or at the National City Bank, New
Time) on June 15 for the pur¬ June 2 were purchased by Blyth
to the County Treasurer, is re¬
York City.
Each bid shall state chase of $25,000 not to exceed 5% &
Co., and the William R. Staats
quired. ' • /
the bidder offers par and accrued interest
schooL building
bonds. Co., both of Los Angeles, /at a
interest to date of delivery, the Dated July 1, 1948. Denomination
Aromas Joint Union School District,
net interest cost of 2.4899%
premium, if any, and the rate of $1,000. Due on July 1, as follows:
Monterey, San Benito and v L
Las Virgenes Union School District,'
interest at which the bidder of¬
$1,000 from 1949 to 1955, and $2,Santa Cruz Counties *
Los Angeles County (P.'O.
fers to purchase the bonds.
Rate 000 from 1956 to 1964, all inclu¬
(P. O. Salinas),
Los Angeles), Calif.
/
**
of interest to be in multiples of sive.
Rate of interest to be
in
'Bond Offering—Emmet G. McBond Offering — Earl Lippold,*
y4 of 1%, and must- be the same multiples of V4 of 1%. Principal
Menamin, County Clerk of Mon¬
for all of 'the bonds.
The bonds and interest (J-J) payable at the Clerk of Board of. Supervisors,J
terey County, will receive sealed
will receive sealed bids until JO
will be sold for cash only and Tor
bids until 10 a.m. (Calif. DST) on
County Treasurer's office.
The
not less than par and accrued in¬ bonds will be sold for cash only a.m. (Calif. DST) on June 15 Tor¬
June 14 for the purchase of $35,tile purchase of '$101,000 not 'to.
terest to date of delivery.: The and at not less than par and ac¬
000
.
.
(P.O. Tucson), Ariz.
Bond
Offering — Richard
E.
a.m.
(MST) on June 24 for
the purchase of $3,367,000 not to
interest bonds divided
follows:
$535,000 from 1950 to 1953 in¬
clusive,
u
?
*
600,000 High School District No.
bonds.
5%
Due
on:
$120,000
July 1, from 1949 to 1953
interest
Dated July
Due
1, 1948.
July
on
1,
as follows:
$1,000 from 1949 to
1953; $2,000 from 1954 to 1963,
and $1,000 from 1964 to 1973, all
incl.
Principal and interest (J-J)
payable at the office of the Coun¬
ty Treasurer, of Monterey County.
The
$2,676,000 School District No. 1
bonds, Due on July 1, as fol¬
lows: $536,000 in
1949, and
1
exceed
Denomination $1,000.
til 11
as
to
school bonds.-
Kolb, Clerk of Board of Super¬
visors, will receive sealed bids un¬
exceed 4%
■
not
County School Districts
bonds
will
be
sold
for
cash
and not less than par and accrued
interest to date of delivery, and
each bid must specify the rate of
interest offered and must state the
opinion of O'Melveny & Myers of
Los Angeles, approving the valid¬
ity of the bonds will be furnished
the purchaser at the expense of
the
District.
A
certified
check
required.
is
District,
1
;
.
p.
will be permitted to bid different
rates of interest for different ma¬
'&
America
of
May-8.
will
at
the
election
held
on
The legality of the bonds
be
approved
by
Pershing,
Bosworth, Dick & Dawson of Den¬
ver,
whose opinion
nished
the
with
the
fied
check
amount
will
purchaser
be
fur¬
-together
printed bonds. A certi¬
for
of the
5%
bid
of
of
the
each
total
2y4s, at
price of 100.663, a basis
of 2.183%.
Dated July 1, 1948.
Due serially on July 1, from 1945
a
to 1968 inclusive.
est bidder
County School District
was
The next
high¬
Weeden & Co., for
National Trust
bids until 11
000
Hall
Sale
and
—
park
The
$80,000 City
bonds offered on
June 2—v. 167, p. 2302—were pur¬
chased by the Bank of America
p. 2407—were purchased by Ref¬
ciation
National
Trust
of
San
to
not
&
Savings Asso¬
Francisco,
(Calif. DST)
exceed
school bonds.
5%
on
$182,-
interest
Dated
July 1, 1948.
$1,000.
Due
on
follows: $9,000 from
1949 to 1966, and $10,000 in 1967
Coachella, Calif.
Bond
a.m.
June 21 for the purchase of
July
No. 13 (P. O. Yuma), Ariz.
Bond Sale—The $160,000 school
bonds offered on June 7—v. 167,
Merced), Calif.
Bond Offering—R. W. Cothran,
County Clerk, .will receive sealed
Denomination
2y4s, at 100.14.
issue,
is required.
Yuma
chased by the Security-First Na¬
tional Bank of Los Angeles, as
as
4s.
1,
as
and
the
rate
Bidders
1968.
of
must
interest
specify
which
the
bonds shall bear. A certified check
for $10,000
man
of
payable to the Chair¬
Board
required.
of
the
interest
for
A
the
of
3%
bid for, payable
Each bid shall state that the bid¬
Supervisors, is
accrued in-'
delivery and
state separately the premium, if
any.
A certified check for 3% of
the amount of the bonds bid for,
Gustine,Calif.
offered
bord<?
&
by
purchased
of San
Francisco.
Due on June 15, as
follows:
$5,000 in 1949; $10,000
from ,1950 to 1952,; and
$15,000
A,
from 1953 to 1962 inclusive.
County (P. O.
Ventura
trict,
v
Elementary School -Dis¬
Hueneme
Bond Offering—L. E.
will
of
of "Board
Time)
10
$2,000
County
bonds
and
will
for
sold
be
than
crued interest.: The
be furnished with
cash
par
only
and
*ac-
purchaser will
a
certified copy
proceedings connected with
issuance
the
of
these
bonds
but
no
A
certified
amount bid,
of
election
voters
ap¬
proved the issuance of $1,596;000;
.Cent i n e l a Valley Union High
School District bonds, and
bonds.
/ •:';
;r\
•.'' V',
Calif.
;•
"(P. 'O.
-
County,
San Jose), Santa Clara
/
$1,464,-;
School Dis¬
Los Altos School District
:•••
:
.
Bond Sale—The $175,000 schooloffered
bonds
awarded to
a
June
7
were
syndicate composed
000
check
Board
required.
for
3%
due
of
Supervisors, is
on
July 1 from 1949
l3As,
July 1 from 1961 to-1968
due
on
inclusive.
The
July 1, 1948.
bonds
-
are
dated
-
Oceanside Sch. Dist., San
Diergo
County (P. O. San Diego).
of the
payable to the Chair¬
2s,
to 1961 inclusive and $72,000
legal opinion will be furnished.
man
an
on
at not less
of the
At
the
4
.of the Bank of America National
1948.
1968
—
Denomination $1,000.
Trust & Savings Association; J.
July 15, from 1953
Barth & Co., Schwabacher & Co.,
inclusive.
Principal and
.and Lawson, Levy & Williams, all
(J-J)
payable
at
the
of San Francisco, as follows: $103,Treasurer's office.
The
15,
interest
June
on
a
on
Due
to
held
trict
until
4
'
•
t
Hallowell,
1 i f., Daylight Savings
June 15 for the pur¬
chase of $32,000 not to exceed 5%
interest school bonds. Dated July
(C
a.m.
■
Bonds Voted
,
Supervisors,
bids
sealed
receive
%
Angeles County Sch. Dists. £
(P. O. Los Angeles), Calif.
Los
"000 Torrance Unified
Ventura), Calif.
Clerk
required.
Association
Savings
and
par
payable to the above Chairman, is
the
National Trust
America
of
Bank
June 1—v. :167,
on
2302—were
p.
offers
der
terest to the date of
Sale—The $185,000 sewer
Bond
interest school bonds.
July 1, 1948.* Denomination
$1,000.
Due on July 1, as follows:'
$5,000 from
1949 to
1867, and
$6,000 in 1968. Rate of interest to5
be in multiples of y4 of 1%.
Prin¬
cipal and interest (J-J) payable:
at the County Treasurer's office.
the
will bear.
bonds
check
certified
amount of bonds
'
$285,000 school
.May 18—v. 167,
purchased by the
on
2179—were
Bank
separately
state
livery -and
5%
Dated
par
and accrued interest to date of de¬
Bond Sale—The
bidder offers par and accrued in¬
terest to date of delivery.
.Bidders
exceed
must
Chairman, Board of Super¬
visors,'ifs required. ' • ,
District, Tulare County (P. O.
Visalia), Calif.
bid
offers
bidder
the
to the
Dinuba Joint Union High School
bonds offered
that
state
Each
interest.
crued
premium, if any," and the .rate of
lor 3% of the principal amount of
the bonds bid for, payable to the
Savings Association, J. Barth &
in-,
turities of the bonds. A certified Co., and Schwabacher & Co., all
elusive.
\
of San
Francisco, jointly, at a
check for 10% of the par value of
Dated July 1, 1948.
Denomi¬ the
bonds bid for, payable to the price of 100.08, a net interest cost
nation $1,000.
of 2.419%, for $70,000 as 2%s, ma¬
Principal and in¬ Board of
Supervisors, is required.
terest (J-J) payable at the County
turing on July 1, from 1949 to
Treasurer's
office.
Bidders
are,
Artesia Sch. Dist., Los Angeles > 1953; $98,000 as 2y4s, maturing
requested to submit bids for the
from 1954 to 1960, and $117,000 as
■County (P. O. Los Angeles),
bonds specifying (1) the lowest
2y2s, maturing from 1961 to 1968
Calif.
rate of interest and
>Bonds. Voted—At an selection inclusive. Dated July 1, 1948. The
premium, if
any,
above par at which such held jon
May 21 the voters ap¬ next highest bidder was Blyth &
bidder will purchase the bonds:
proved the issuance of $117,000 Co., Kaiser & Co., and Weeden &
or (2) the lowest rate of interest
school bonds.
Co., jointly, for $112,000 as 2s,
at which the bidder will
purchase
$70,000 as 2%s, and $103,000 as
the bonds at par.
No bid for less
■Claremont, Calif.
2%s, at 100.01.
^' ;
than par and accrued interest to
Bond Sale—The $65,000 munici-.
Dos Palos Elementary Sch. <Diet.,
date of delivery will be consid¬ pal
building bonds offered on
Merced County (P. O.
ered.
These are the bonds au¬ June 2—v. 167, p. 2179—were pur¬
thorized
of
cost
,
Maricopa County School District
*
.
Calif.
.
Bond Offering
—
■ ■
;
T. H. Sexton,
•County Clerk, will receive sealed
bids until 10.30 a.m. (Calif. DST)
on
June
21
for
the
purchase
of
Volume
167
Number 4707
5
$275,000 not to exceed 5% interest. building bonds.
Dated July
26, 1048.
Denomination *$1,000.
Due on July 26, as follows:
v
purchased by the
Bank of America National Trust
Savings Association of; San
Francisco, as 2%s, at a price of
101.071, a basis of 2.63%.
Dated
July 1, 1948. Due serially on July
and
par
date
of
and
at
less
not
accrued
interest
delivery.
Southern
tion
Co., for 2%s, at 100.892.
Each bid must
Terrace
furnished "the
successful
without
A
for
cost.
3%
of
the
check
of bonds
bid for, payable to the Chairman
of Board of•
Supervisors, is ?re¬
the
.Calif.
net
interest
as
will
a.m.
2%s, at 100.041.
as
;
School
District,
^
167,
p.
the
Bank
on
2407—were
June
8—v;
by
purchased
of >America
Sch. Dist.,
& Savings Association, of
Francisco, as 2y2s, at a price
of 100.32, a basis of 2.464%. Dated
Board
1,
1948.
Due
June, 1, from 1949
sive.
serially
to
on
5%
from
The next highest bidder
was
until
,f
rr-y^v^Calif.yVoted—At an
held
May
on
the
issuance
the
proved
26
Calif.
Bonds Voted — At
held on June 1 the
proved
the
issuance
school bonds.
-
for
3%
voters
of
ap-
$80,000
.1
the
time
election
an
voters
,
of
Not
tion held
on
the
000
voters
did
California
v'.:"--
not
issuance
:
an
Santa
cable
:
>
.1
Sale—The $600,000 water
on
2302—were
p.
June
3—v.
purchased
167,
the
by
First Boston
elec-
Corp., at 100.3047,
net
.
cost
interest
follows:
June 1 the voters did
&
of
was
on
$120,000
of
1.5869%,
a
as
4s, maturing
as
June 1, from 1949 to 1951, and
$480,000
as
iy2s,
maturing on
June 1, from 1952 to 1963 inclu¬
sive.
awarded
to
Dated
$280,000
Weeden
Co., of San Francisco, at a price
100.123, a net interest cost of
Santa
Santa
about 2.77%, as follows:
$21,000
3s, due on June 15 from 1949 to
1959
June
1,
1948.
The
as
Barbara
inclusive,
;
District,
County (P. O. I
Barbara), Calif. :
Sold—Because of
a
for
;
1948.
The
National
technicality in the bond sale
Bank
Trust
&
interest
of
Sav-
County
award
Calif.
Bond Sale—The
bonds offered
on
school
June 8—v.
167,
bonds
June
not
scheduled
7—v.
sold.
no¬
The
167,
p.
bonds
sealed
bids
until
Bond Call—It is stated
by Frank
O.
Birney, District Treasurer, that
is calling for
payment as of
July 1, 2 y2 % construction bonds,
he
8
on
Dec.
1949
1,
,
order.
Principal and interest
pay¬
able at the County Treasurer's of¬
All bids shall be uncondi¬
fice.
tional.
The
District
will
furnish
the printed bonds and the approv¬
ing legal opinion of Myles P. Tallmadge, of Denver.
A certified
check for
$12,000 payable to the
Treasurer, is required.
District
Lamar Sch. Dist. Prowers
County;
Colo.
Bonds Voted—At a special elec¬
tion held on May 25* the voters ap¬
O.
(P.
proved
the
Lamar),
issuance
construction
bonds.
man,
ed
of .$300,000
Bond Sale—The
p.
offered
2514
Weeden
on
8—v.
—
were
purchased
&
Co.
San
of
167,
by
Francisco.
until
8
4
Bonds
Voted
—
At
election
an
held recently the voters approved
issuance
of
$80,000 school
the
bonds, v'
yv'.•'■
CONNECTICUT
v
/
Norwalk, Conn.
Bond
;
*
Sale—The
$40,000 school
bonds offered on June 8—v. 167,
p. 2408—were purchased by Con¬
ning & Co. and Ballard, of Hart¬
ford, as IV2S, at a price of 100.211,
a
basis
of
1.47%.
Dated
June
1,
bidder
was
Day, Stoddard & Wil¬
liams, for 1.60s, at 100.477.
FLORIDA
Lakeland, Fla.
Bond Sale—The $550,000 2%%
refunding bonds offered on June
seal¬
inclusive.
The bonds
being issued subject ot the ap¬
proval of their legality by Chap¬
man & Cutler, of
Chicago.;
are
2408—were pur¬
Co., both
clusive.
The next highest bidder
Fletcher Trust Co., In¬
the
was
dianapolis, and Kenneth
son
& Co.,
jointly, for
S. John¬
l%s, at
100.286.
Etna
Bond
Sale
Green, Ind.
The $5,000 water
—
and sewer bonds offered on June
7—v. 167, p. 2303—were purchased
by Raffensperger, Hughes & Co.,
of Indianapolis, as
2s, at a price
of 100.577, a basis of 1.90%. Dated
June 1, 1948. Due serially on Jan.
and July
1, from 1950 to d959
inclusive.
'
Hobart School City, Ind.
Sale—The $70,000 school
building bonds offered
June 7
on
167, p. 2408—were purchased
by Fox, Reusch & Co., of Cincin¬
nati, as lV2s, at a price of 100.09,
—v.
basis
of
1.48%.
Due
Dated
serially
on
May >1,
Jan.
and
July 1, from 1949 to 1954 incl. The
highest bidder was Raffen¬
next
Hughes & Co., for l%s, at
sperger,
100.325.
Montgomery Township, School
Township (P. O. Owensville), Ind.
Bond
Sale—The
$89,000 school
building bonds offered on June 8
—v. 167, p. 2303—were
purchased
by Fox, Reusch & Co., of Cincin¬
nati, as P/4S, at a price of 100.72,
Sch. Dist. No. 124 a basis of 1.65%. - Dated May 1,
1948.
Due serially on Jan. and
(P. O. Chicago), III.
Bonds Publicly Offered—R. S
July 1, from 1949 to 1963 inclusive.
Dickson & Co., of Charlotte, are The next highest bidder was the
offering for public subscription an Indianapolis Bond & Share Corp.,
Cook
County
issue of $30,000 3% school bonds.
Dated April 1, 1948. Denomination
$1,000.
tional
in
Due
on
Oct.
1,
1967,
op¬
Oct. 1, as follows: $2,00'
and 1963; $12,000 in 1964
1962
and
1965, ancj $2,000 in 1966, Prin¬
cipal and interest (A-O) payable
at
the
Harris Trust &
Savings
Bank, of Chicago. Approved as to
legality by Chapman & Cutler, oi
Chicago."
-.
Madison
County Community High
Wood
,
144
(P. O.
River), III.
Bond Sale—An issue of $600,000
school bonds
a
Indianapolis, for l%s, at 100.275.
Rushville, Ind.
Offering — Charles
Bond
on
Sch.
Dist., Weld County
(P. Oi Windsor), Colo.
p.
Cincinnati, jointly, as l%s,-at
price of 100.34, a basis of 1.701%.
Dated May 1, 194*3.
Due serially
on July
1, from 1949 to 1952 in¬
1948. Due $25,000 on July 1, from
1953 to 1962
167,
p.m.
School District No.
Windsor
May
chased by Fox, Reusch &
Co., and
Frank E. Hailstone &
1948.
(CST) on
June 17 for the purchase of
$250,-'
000 airport bonds.
Dated July 1
was
sold
recently to
syndicate composed of John Nu¬
& Co., of Chicago, Blewer,
veen
Heitner & -Glynn,
of St. Louis,
Dempsey & Co., of Chicago, R. S.
Dickson & Co., of Chicago, and
McDougal & Condon, of Chicago,
at a price of 100.068, a net interest
cost of 2.53%, for $215,000 as 2%s
maturing on Jan. 1, from 1950 to
1957, and $385,000 as 2l/zs, matur¬
ing from 1958 to 1968 inclusive.
Dated June 1, 1948. Approved as
to legality by Chapman & Cutler,
of Chicago.
Township High Sch. Dist.
(P. O. Marissa), III.
200
receive
bids
June
on
15
until
for
2
p.m.
the
pur¬
of
$300,000 not to exceed
31/2% interest electric utility reve¬
nue
coupon
1948.
bonds/Dated June 1,5,
$1,000. Due $4,000
Denom.
Jan. and July 1, in 1950 and 1951;
$6,000 Jan. and July l/from 1952
to 1955; $7,000 Jan. and
July
1,
from 1956 to 1959; $8,000 Jan. and
July 1, in 1960 and 1961; $10,000
Jan. and July 1, in 1962 and 1963,
and $12,000 Jan. and July 1, from
1964 to 1968, all incl.
The bonds
maturing
1954, are
tion
of
on
and
after
redeemable
at
Jan.
the
1,
op¬
the
City on July 1, 1953,
or
any
interest payment
date
thereafter, in their inverse nu¬
merical
order, at the face value
plus the following pre¬
miums: 5% if redeemed on July 1,
thereof
1953, or on or before July 1, 1958;
3% if redeemed after July 1, 1958,
and on or before July 1, 1963; 1%
if redeemed after July 1, 1963, and
case
to maturity; plus in each
interest to the date fixed for
redemption.
bonds
tional Bank of
than
par, as
sealed
(DST)
chase
Bond Sale—An issue of $50,00C
improvement
bonds
was
pur¬
chased recently by the First Na¬
Marissa, at
R.
Berry, City Clerk-Treasurer, will
prior
Marissa
No.
$110,000 school
June
Secretary, will receive
bids
v
Ventura), Calif.
•
June 3—v.
a
Chicago.
County Airport Authority
(P. O. Charleston), III.
Bond Offering—Ernest N. Free¬
.
in
of
Coles
and
$36,000
dated
Bond
presented for payment at the First
National Bank
gation building bonds. Dated June
1, 1948. Denomination $1,000. Due
1948. Due serially on June 1, from
1950 to 1959 incl. The next highest
Simi Valley Unified School
District,
Ventura County (P. O.
bonds
$85,000
on
will be readvertised.
Sch.
Dist., Los Angeles
(P. O. Los Angeles),
school
2408—were
ings Association of San Francisco,
second high
bidder, offered 100.06
for $42,000 2%s and
$21,000 3s.
Ranchito
Chicago Sanitary District (P. O.
Chicago, ,111.
■.;l;;:'^7
>
Not
June
15,
Moseley & Co., for 3y2s, at 113.623.
1948.
(MST) on June 30 for the
purchase of $600,000 general obli¬
School
tice, the $380,000 not to exceed 5%
on
American
receive
Barbara
Santa
Bonds
l%s, at 100.019.
and $42,000 2%s,
June 15 from 1960 to 1973
inclusive.
The bonds are dated
due
'
will
purchase
Elementary School
next highest bidder was the Bank¬
District (P. O.
Woodland),
ers
Trust
Co., New York, and
Yolo County, Calif.
Harriman
Ripley
&
Bond Sale—The issue of
Co.,
Inc.,
$63,000
jointly, for $320,600 as 1%'s, and
school
building
bonds
offered:
7
1, from 1949 to 1957 inclusive. The
next
highest bidder was F. S.
p.m.
of
Barbara, Calif.
bonds offered
of
v
not approve the issuance of
$433,000 street, sewer and water bonds.
June
COLORADO
approve
*
Bond
Plainfield Union
-
Bank
& Trust Co., of
Chicago, as 31/2s, at a price o*
114.38, a basis of 2.103%.
Dated
June 1, 1948. Due
serially on Dec.
optional on
that
date, to the
County Sch. Dist. No. ,3 amount of $250,000
bearing num¬
(P. O. Boulder), Colo,
:
•
bers 1751 to 2000.
The holders of
Bond Offering—H. C. Hickman, the said
designated bonds are no¬
President of Board of Directors, tified that the
same
should be
.
,
bonds.
Voted—At
1,
are
Dunkirk School City, Ind.
■>
Bond Sale—The $37,000 school
improvement bonds offered on
Boulder
$87,200,000 Unified
School District: bonds, and
$200,-
$175,000
Placerville, Calif.
,
/. Bonds
National
legality by O'Melveny & Myers, of
Los Angeles. ■
,-Vv./•
inclusive.
amount
June
8,000 police and fire department
bonds. Due Dec. 1, 1958.
of
June 7—v. 167, p. 2408—were
pur¬
chased by the Continental Illinois
Due $3,000 on June 1, from 1949
to 1973 inclusive.
Approved as to
the issuance of
ap-
$90,000 land acquisition bonds,
'
the
Dated
1953 inclusive.
garbage
department
equipment bonds. Due serial¬
ly on Dec. 1, from 1949 to 1957
inclusive.
a
Aurora, III.
$175,000 Illinois
bridge bonds offered on
Avenue
Riverside
.
.
approve
of
*
2.723%.
—
Bond Sale—The
the
cently by the Security-First Na¬
tional Bank, of Los
Angeles, as
23/4s, at a price of 100.35, a basis
of
1949 to
20,000
INDIANA
ILLINOIS
—
election
*
hot
1969
Dist.,
.
building
municipal garage bonds.
serially on Dec. 1, from
District,
building bonds.
These
at
J
I--a..'
Piedmont, Calif.'
Bonds Not Voted—At an elec'
tion held on June 1 the voters
did
to
Sch.
School
County (P. O.
Anthony), Idaho
At an election
held recently the voters
approved
the
issuance of $400,000- school
Sale—An issue of $75,000
bonds was purchased re¬
school
10
interest school bonds.
1950
St.
County (P. O. Riverside),
".
'r Calif.
Bond
Anthony
Bonds Voted
May 13.
on
station
All of the bonds
bonds.
years.
as follows: $34,000 in
1950; $35,000 in 1951;
1952; $37,000 in 1953;
$38,000 in 1954; $39,000 in 1955;
San Francisco (City and /
? \
$40,000 in 1956; $42,000 in 1957
County of), Calif.
and 1958; $43,000 in 1959; $44,000
;
Bond Voted
At an election
in 1960; $45,000 in 1961 and
1962,
held on June
1
the voters ap¬
and $46,000 in 1963.
Bonds ma¬
proved the issuance of $15,000,turing in 1959, and thereafter,
000 sewage treatment plant
bonds, shall be redeemable at the
option
and $2,750,000 juvenile detention
of the District on Dec.
1, 1958,
home
bonds.r-/.y / and on any interest payment date
Bond Not Voted—At the same
thereafter/ in inverse numerical
County (P. O. San Jose),
'
District, Butte
County (P. O. Oroville),
^
<
bids
bonds
bid
for/ payable to the
Chairman of Board of Supervisors,
is required.,
(
'
William R. Staats. Co., for 2%s,
Oroville School
-
Supervisors
sealed
of
check
■school bonds.
'
*
terest (J-J) payable at the
County
Treasurer's
office.
A
certified
1968. inclu-
Bonds
.
Lippold,
(Calif. DST) on June 15 for
purchase of $250,000 not to
,
,
of
school
the River
1,1948.
Fremont
Daylight
authorized
,
<
Earl
—
interest
bonds
by
Dis¬
on July 1 for the
$225,000 not to ex¬
serially in 20
the
Westminster
the rate of interest offered for the
bonds bid for.
Principal and in¬
Orchard Sch. Dist., Santa Clara
i
Los Angeles
of
Due
Bay, Fla.
IDAHO
St.
(Calif.
St.
Forest, III.
The $173,000 bonds
fire
20,000
Pittsburgh.
-
p.m.
5%
Due
delivery and state sepa¬
rately the premium, if any, and
Trust
.
-
ceed
.Calif.
Offering
receive
date
National
at 101.814.
:
purchase
the
accompany
2:30
of
bonds. Due serially on Dec.
1,
from 1949 to 1958 inclusive.
recently to Johnson & Johnson, 0
ap¬
—
purchased
$125,000
•
South
$67,000
bonds,
School
improve¬
bonds, Nos. 1, 2,
$1,000. Dated
series B
15,
legality by
to
Trauernicht,
Forest State Bank, as follows:
Bonds Sold—An issue of
$195,000 water plant bonds was
sold
Savings Time)
par
for all of the bonds.
Each
bid must state that the bidder of¬
fers par and accrued interest to'
San
June
*
the
same
■
,
of
Rate of interest to be in
multiples
of
y4 of 1%, and must be the
Bond Sale—The
$184,000 build¬
.
5%
July 1, 1948.: Denomina¬
tion $1,000.
Due on July 1, as
follows: $10,000 in 1949, and
$12,000
View
of
street
Dated April
as
June 7—v. 167, p. 2408
on
—wbre
for payment.
election
voters
District
$31,000 Tarausa
until
Dated
ing bonds offered
.
must
of
exceed
Francisco, for $120,000
2V4s, $55,000 as 2%s, and $20,-
Orange County (P. O.
;;;Santa Ana), Calif.
k
of
bonds bids for, pay¬
order of the County
•
.
Bond
Clerk
Due
i:,'..
,
free
County (P. O. Los Angeles),
.•.:•;■■•
»
San
■Ocean
School
election
serially
July 15, from 1949 to 1967, all
The next highest bid¬
000
.
than
the
Rosemead
the
as
ap¬
$50,000
an
interest
offered
Jan. 1, 1939, payable Jan.
1, 1969.
The bonds shall be delivered to
the Tropical State
Bank, Sebring,
Offering—Sealed bids will
be received by the
County Clerk,
y
tion,
;
purchaser
3%
ment,
Bond
are
der was the Bank of
America Na¬
Trust & Savings Associa¬
*
less
of the
to
bid.
tional
;
the
Treasurer,
inclusive.
,
interest.
'*
to
not
able
July 15, from 1949 to 1952, and
$135,000 as 2V2s, maturing on July
15, from 1953 to 1963 inclusive."
on
Ivanhoe
At
—
21
&
59
Louis.
and 5. Denomination
election
of
the
issuance
trict bonds.
for
of
Dated July 15, 1948.
May
the
and
value
*
Angeles,
100.121, a
of 2.4307%, as
2s, maturing on
cost
follows: $60,000
in
No conditional bids will
be.considered.
A certified check
p.
a,price
Voted
on
proved
charge.
Bond Sale—The $195,000 school
bonds offered on June 7—v.
jointly, at
held
and
nished
,
167,
.2407—were purchased by John
Nuveen & Co. of
Chicago, and
Weeden & Co. of Los
est,
Legal opinion of Orrick, Dahl¬
quist, Neff, Brown & Herringtori1 Ukiah Union Sch. Dist., Mendocino
of
County (P. O. Ukiah), Calif.
San Francisco,
will be fur¬
v
-
Bonds
No bid is to be for less
accrued
of
County School Districts
(P. O. Visalia), Calif.
as
par
Placid, Fla.
"Bond Call—Vera
Bowers, Town
Clerk, calls for redemption on
July 1, at par and accrued inter¬
Tulare
than
Oceanside-Carlsbad Union High :
School District, San Diego
:
County (P. O. San Diego),
.
,the
prove
Charles
*
Lake
voters
voters
3%s.
Approved
1948.
Bond Sale
District,
an
25
the
issuance
Martinez.
;;; <" y
School
Voted—At
May
on
Due
County Treasurer's office
the
issuance
3y4s, and
River
1953 to 1965 inclusive.
elec¬
an
school bonds.
follows: $160,000 in
1949 to 1972, and
$140,000 in 1973.
Principal and interest payable at
amount
quired.
Aug. 1,
on
bidder
certified
Dated Aug. 1, 1948,
Dist.,
County (P. O.
Bernardino), Calif. *•'
Bonds
held
-
$1,000.
Union
San
DST), on June 21, ;by W. T.
Paasch, County Clerk, for the pur¬
chase of $3,980,000 ■ school bonds.
terest the bonds shall bear.
The
Interest rate is not to exceed
5%,
approving
opinion
of
Orrick,
F-A.
Denomination
Dahlquist, Neff, Brown & Her-" payable
rington, of San Francisco, will be
1
the
(2627)
by the Ransom^Davidson Co., and
Allen & Co., of Lakeland, at
95.40,
a basis of 1.25%.
Dated July 1,
1946.
Due serially on J
uly 1, from
San Bernardino
Bond Offering—Sealed bids will
received Until 11 a.m. (Calif.
be
ery, and state separately the pre¬
mium, if • any, offered for the
bonds bid for, and the rate of in¬
June
on
not -approve
1
8—V. 167, p. 2408—were purchased
$1,800,000 contruction bonds.
County, Calif.
state the bidder offers
par and
accrued interest to date of deliv¬
Sanitation
Not Voted—At
held
did
Union
High Sch. Dist;
(P. O. Martinez), Contra Costa
the
to
CHRONICLE
County (P. O.
Rafael), Calif.
San
Bonds
than
Richmond
Marin
Marin
i, from 1949 to 1967 inclusive. The
highest bidder was William
R. Staats
FINANCIAL
>
next
The bonds will be sold for
only
&
Dated July 15, 1948., Due
serially
on
July 15, from .1949 to 1959
inclusive.
&
Principal and interest (J-J) pay¬
able at the County Treasurer's of¬
cash
COMMERCIAL
2408—were
p.
$15r
000 from 1949 to
1963, and $10,000
from 4964 to
1968, all inclusive.
fice.
THE
the
rate
are
ples of
y4
one
Bidders
of
shall
interest
name
which
the
to bear stated in multi¬
of
1%
interest
and
rate
not
more
shall
be
60
by each bidder. Principal syndicate composed of Quail & Co.
and interest (J-J) payable at the and Veith, Duncan & Wood, both
Rush
County
National
Bank, of Davenport, Becker & Cownie,
Rushville. Registerable as to prin¬ and Carleton D. Beh Co., both of
Des Moines, as 13/4S, at a price of
cipal only. No bid for less than
Dated
par and accrued interest to date 100.376, a basis of 1.708%.
named
delivery will be considered. June 1, 1948. Due serially on Dec.
The approving opinion of Ross, 1, from 1953 to 1962 inclusive.
of
Indiana¬
polis, will be furnished the pur¬
McCord, Ice & Miller, of
KANSAS
of the City.
$5,000 pay¬
chaser at the expense
A certified check for
Sedan
struction
Ind.
Warren,
Bonds Not Sold
Kan.
District,
sold
1
bonds authorized at the
been
election held on May 24 have
The $64,000
—
School
Sold—The $250,000 con¬
Bonds
City, is required.
able to the
2^s.
as
offered
bonds
2408—were not sold.
p.
IOWA
Offering
J.
—
No. 1, Kan.
$2,500,000
The
—
building bonds offered on
2304—were pur¬
June 7—v. 167, p.
syndicate composed of
Diet.,
chased by a
Foley,
Phelps, Fenn & Co., Stone & Web¬
ster Securities Corp., R. W. Press-
Iowa
Bond
Sale
Bond
school
JOelmar Consolidated Sch.
P.
subject
whole
prior
to
in part
or
lows:
being
redemption in
on any interest
or after June 1,
$50,000 jointly, for $1,375,000 as lVzS, and
$1,125,000 as l%s, at 98.32.
of
issuance
the
Moines Counties,
KENTUCKY
r
Burlington), Iowa
Sale
The $4,400
option of the holder at a bank to
be
specified by the purchaser.
Bond
4%
—
Shawmut
and
par.
Due serially
1958 inclusive.
lington, at
1949
to
tric
May 31
on
Franklin,
nish
the
printed
of
cost
000
the option of
and
bonds
Harlan,
Ky.
receive
sealed
will
until
p.m. (CST) on June
purchase of $120,000
not to exceed 3*/2% interest water
bids
7
the
for
14
series of 1948 bonds.
Dated May 1, 1948.
Denomination
Morley School District, Iowa
$1,000. Due on May 1, as follows:
Bonds Voted
At an election $5,000 in 1949; $6,000 in 1950; $7,held recently the voters approved 000 in 1951 and 1952; $8,000 in
thei issuance of $46,000 gymnasium 1953 and 1954; $9,000 in 1955 and
equipment purchase bonds.
1956; $10,000 from 1957 to 1961,
revenue,
—
and
Newton, Iowa
Sale—The
$145,000 sewer
plant bonds offered
June 7
on
were
101.241, a basis of
1.612%, Dated May 1, 1948. Due
■on Nov. 1, as
follows: $8,000 from
1949 to 1960, £nd $7,000 from 1961
l%s,
at
to 1967, all
bidder
ihpl'The
next highest
Trust &
Harris
was,
B^»<$?icag0'for 2s' at
mm
1962.
Bidders
rate of in¬
V4 of 1%,
in
$11,000
should specify a single
terest in a multiple of
bid for less than 103% of
and
purchased by Halsey, Stuart & Co.,
for
no
par
will be given favorable con¬
The
sideration.
optional
bonds
redemption
for
to
are
be
the
by
City prior to maturity in the in¬
verse order of their maturity
on
interest payment date on or
1951, with a stipula¬
tion that the City will pay to the
holder of any of such bonds thus
any
after May 1,
; '■
>tlid- V'-' - /
:
Ocheyedan Indep. Sch. Dist., Iowa redeemed additional interest in
,
.
Bonds
held
on
proved
Voted -4- At
May 18 the
issuance
an
election
voters
the.
of
ap¬
$12,000
construction bonds.
Odebolt,
Bonds
works
sold
bonds
Iowa
are
$25,000 wat^r
offered
2s, for
as
These
a
the
June
on
2
price of 100.62.
bonds
at the election held
authorized
March 29.
on
The second highest bid submitted
was for 2s, at 100.60.
;
.
Saylor
Center Rural Indep. Sch.
(P. O. Des Moines),, Iowa
Dist.
Bond
Sale—The
bonds offered
$49,000 school
June 7
on
were pur¬
chased
by Shaw, McDermott &
Co., of Des Moines. Dated June 1,
1948.
Due
Dec.
on
1,
as
follows:
$1,000 in 1948; $2,000 from 1950
1958; $3,000 from 1959 to 1967,
to
and
on
amount equal
or
before
$3,000 June 1, 1968. Callable
on
or
an
from
1949
Bidders
shall
1,
interest in
and
so
1,
1958,
conditioned.
Bond Sale
—
bonds offered
p.
2515—Were
The $60,000 park
June 9—v. 167,
on
purchased
by
a
pay¬
of Boston.
Approved
to legale
as
ity by Ropes, Gray, Best, Coolidge
&
of
Rugg
The
Boston.
bonds
will be delivered at above named
bank
about July
or
on
1, against
payment in Boston funds.
V V,.V
■>.»
■
No.
I
8
jointly, for 1.07%, plus $71.00.
Note
offered
notes
enue
rev¬
June
on
7
The next high¬
the Norfolk County
Due Nov.
r Y v'..i
'■
\
10,1948.
main
offered
bonds
construction
.
June
on
9
Estabrook
purchased
were
Co.
&
by
of
1949
J.
(CST) on July 12 for the
purchase of $450,000 not to exceed
4% interest public improvement
bonds. Dated Aug. 1, 1948. Denom.
serially
proving opinion
incl.
The
highest
National
bidder
Bank,
the
was
Boston,
Second
for Vfas
at 100.25.
—
department equipment bonds
check
2516—were
to
the
offered
on
June
8—v.
167,
p.
purchased
by
the
Deposit & Trust
Safe
Gloucester
Co., for IV4S, at 100.22, a basis of
Parish
Community
Center arid Playground
No.
3
Bond
June
7—v.
of
terest
bonds
167,
p.
by
Barrow,
3.11%.
Leary
on
1953
offered on
2304—were
Shreveport, at
cost of
Dated June 1, 1948.
serially
Sale—The $100,000 public
purchased
Co.,
1.18%.
Dist.
(P. O. Marrero), La.
improvement
&
net in¬
Dated July
a
June
inclusive.
bidder
Due
1949 to
The next highest
1, from
the National Rockland
was
Bank, Boston, for iy4S, at 100.209.
.
Bond
Offering
Emerson
City Treasurer,
Laurie,
ceive
S.
—
sealed
bids
until
will re¬
11
a.m.
the pur¬
1, 1948.
Due serially on July 1, chase of $350,000 coupon school
Jefferson County Sanitation District from 1949 to 1968 inclusive.
bonds.
Dated July 1, 1948.
De¬
No. 1 (P. O. Louisville 7), Ky.
nomination $1,000.
Due on July
Winn Parish School Districts (P. O.
Bond
Offering—J. E. Hughes,
1, as follows: $18,000 from 1949
Winnfield), La.
^
to 1958, and $17,000 from 1959 to
Secretary of Board of Directors,
Bond Offering — R. L. Terry,
1968 inclusive.
will receive sealed bids at his of¬
Principal and in¬
Secretary of Parish School Board, terest (J-J) payable at the Na¬
fice in the Farmers and Depositors
Bank
Building, 3830
Frankfort will receive sealed bids until 10 tional Shawmut Bank of Boston.
Ave., Louisville 7, until 10 a.m. a.m. (CST) on July 3 for the pur¬ Bidder to name the rate of in¬
(CST) on June 15 for the pur¬ chase of $300,000 not to exceed 4% terest in multiples of V\ of 1%.
chase og $2,750,000 not to exceed interest bonds divided as follows: No bid for less than par and ac¬
for
$3,600 is required.
4% interest
bonds.
sewer
system revenue
Dated June
$1,000.
Due
1,
1948.
June
1,
$240,000. Winnfield School District
June
on
crued interest.
1950
uineness by
1953
and
1955
1952; $15,000 in
1954; $16,000 from
to
to 1957; $17,000 in 1958
1959; $18,000 from 1960 to
1962, and $19,COO in 1963.
and
,
on
of
and
15
for
The bonds will be
under
prepared
from
1978.
redemption in
on any interest
payment date on or after June 1,
1950 through Dec. 1, 1952, at 101
plus accrued interest,. and there¬
(DST)
July 1," as fol¬
lows: $13,000 in 1949; $14,000
bonds. Due
De-
8, 1948.
Due Nov. 5, 1948.
De¬
nomination to suit the purchaser,
but
will be smaller than
note
no
$10,000.
Payable
National
Bank
Boston
at
or
National
Bank, New
The notes will be authen¬
Chase
the
Second
the
at
of
York.
genuineness by the
Bank of Boston,
to
as
Second National
will
legality
their
and
be
ap¬
loan notes offered on June 8
purchased by the National
Rockland * Bank,
of Boston, at
0.67%
discount.
Dated June 11,
Due April 8,
1949.
The
,
1948.
bidder was the Sec¬
Bank, Boston, at
next highest
National
ond
0.682%.
New Bedford, Mass.
Note Offering—William R.
Fre-
City Treasurer, will receive
sealed bids until 11 a.m. (DST)
itas,
June
on
loan
The
for
15
purchase a^
the
temporary
1948.
notes will be in the denomH
of
discount
$800,000
Dated June 15,
notes.
nations of $50,000,
and
Due
$5,000.
$25,000, $10,000
Nov.. 15, 1948.
Payable at the National Shawmut
Bank of Boston.
Notes will be
authenticated as to genuineness
validity by the above named
under
advice
of
Storey,
bank
way
Jefferson
discount
temporary loan notes. Dated June
and
Gloucester, Mass.
■
Bond Sale
The $40,000 high¬
J/
ap¬
of B. A. Camp¬
for $9,000 payable
District, is required.
The next
1,
Aug.
on
inclusive.
1961
to
bell, of New Orleans, will be fur¬
nished the purchaser. A certified
if
re¬
a.m.
15 for the puH
of ; $500,000
June
on
at
11
rary
purchased by the First Na¬
tional Bank of Boston, at 0.654%.
Sewerage Dist.
1968
(DST)
until
bids
sealed
chase
will
Treasurer,
County
ceive
were
a.m.
to
Note
ard,
were
Brookline, Mass.
Sale—The
$500,000
10
1950
*
(P. O. East
Cambridge), Mass.
Offering—Charles P. How*
Middlesex County
■
Deemer, Secretary of Police Jury,
receive
sealed
bids
until
from
Bank, Boston, at 0.774%.
,
the bonds
are
(P. O. Gretna), La.
Offering
—
Frank
Due
National
Second
the
was
proved by Ropes, Gray, Best, Coo¬
lidge & Rugg of Boston, whose
opinion will be furnished the pur¬
The notes will be delivt
premium of $109.00. Dated June chaser,
ered on or about June 18, 1948, at
15, 1948. Due Nov. 8, 1948. The
Second, - National
Bank
of
next
highest
bidder
was
the the
■ :■
r
Chemical Bank & Trust Co., New Boston.
Note Sale—The $250,000 tempo¬
York, and the First Boston Corp.,
will
$1,000.
The next highest
1948.
3,
bidder
loan notes offered on June
10
were
purchased by Halsey,
Stuart & Co., at 1.07%, plus a
Boston, as
D/2S, at a price of 100.269, a basis
of 1.21%.
Dated June 15, 1948.
Due
serially on June 15, from
Bond
rev¬
porary
<
Jefferson Parish
Dec.
ticated
Boston, Mass.
Note Sale—The $5,000,000 tem¬
--
subject to
whole or in part
Iowa
consid¬
be
,
being
Waterloo,
will
May 25. The Approving opinion of est bidder was
B. A. Campbell, of New Orleans, Trust Co., Dedham, at 0.684%.
will be furnished the purchaser. A
;
Gardner, Mass.
certified check for $4,500 payable
Bond Sale—The $65,000 sewer
to the School District, is required.
before
A certified check
of less than par and
able at the Second National Bank
authorized at the election held on
if
1%
and
of
rate
one
Principal and interest
ered.
July 1, 1948. Denomination $1,000.
Due serially on July 1, from 1950
These
inclusive.
1968
to
name
interest
accrued
Boston,
multiple of xk of 1%
a
bid
no
of
$100,000
notes offered on June 7 were
purchased by the National Shaw¬
mut Bank, of Boston, at 0.762%
discount.
Due $50,000 Nov. 5 and
until
noon
(DST) on June 15 for the
purchase of $200,000 school bonds.
Dated July 1, 1948.
Denomina¬
tion $1,000,
Due $10,000 on July
Bank,
bidder,
Methuen, Mass.
Sales—The
Note
derson, Town Treasurer, will re¬
ceive sealed bids c/o the Second
National
high
second
rate of 0.815%.
a
is required.
Offering—J. Wilbert An¬
Bond
(P. O. New Iberia), La.
Offering—L. G. Porter,
1968 incl.
named
Arlington, Mass.
,
Bond
to
the
enue
j
Iberia Parish School District No.
on
called
thereafter
and
before
maturity.
The City will furnish the approv¬
ing opinion of Chapman & Cutler
of Chicago, and all bids may be
nom
Dea 1, 1956.
to 3% if called
Nov.
L 1954; 2%
called thereafter and
Nov.
Sold—The
'•
pay¬
of
anticipation
tax
MASSACHUSETTS
LOUISIANA
Co., of Louis¬
Caton,
Clerk,
City
jointly, as 3$s, at a price »of
100.343, a basis of 3.199%. Dated
.May 1, 1948. Due serially on Nov.
1, 1948, to May 1, 1968 inclusive.
Bond
*
ap¬
for,
Treasurer
the
to
School Board,
2.779%, as follows: $176,2%s, maturing on Sept. 1,
$261,000 as
as
$75,000
Offering—Earl D.
Bond
$15,000
for 2% of the bonds bid
at the Louisville Trust
p.m.
(CST) on July 8 for the
purchase of $215,000 not to exceed
4% interest school bonds. Dated
purchased
were
Mass.
able
or
1949 to 1968 inclusive.
by the White-Phillips Co., and
Quaill & Co., both of Davenport,
Med way,
Sale—An issue of
Note
the
approving opinion of Woodward,
Dawson,
Hobson
& Fulton, of
Louisville, as to the legality of
Chicago,
Co., Louisville, at
Secretary of Parish School Board,
will receive sealed bids until 2:30
series 1948 bonds of¬
revenue
bidder was the National
Bank, Boston, at 0.74%.
highest
the holder. The District will fur¬
Bank,
ville, jointly. Dated April 1, 1948.
Due
serially on April. 1, from
Maquoketa, Iowa
$160,000 elec¬
10, 1948. The next
1948. Due Dec.
proving opinion of Chapman &
Cutler, of Chicago, the cost of
which will be paid for by the
School Board.
A certified check
unqualified
ditioned upon the
revenue
and W. L. Lyons &
Sale—The
Bond
fered
from
sewer
discount. Dated June 10,
at 0.72%
Separate bids are to be submitted
for each issue. Bids are to be con¬
Co., New York City, or at
V:
water
bonds offered
on
June 7
were
purchased by
J. C. Bradford & Co., Nashville,
Sale—The
Bond
drainage bonds offered on June 2
purchased by the Farmers &
Merchants Savings Bank of Bur¬
were
Mer¬
National Bank, of Boston,
notes
offered
June 2 was awarded to the Home
National
Bank
of
Milford,
at
0.80% discount.
Due Dec. 1, 1948.
The Norfolk County Trust Co., of
clusive. ;;•>'
Elizabethtown, Ky.
purchased by the
were
chants
3s, maturing from 1959 to 1968 in¬
Drainage District No. 4 (P. O.
10
July 1, 1948. Denomina¬
Principal and interest
(J-J) payable at the office of the
School Board Treasurer or at the
tion $1,000.
from 1950 to 1958, and
Louisa and Des
anticipation notes offered on June
Dated
.
construction bonds.
Holyoke, Mass.
—
The $200,000 tax
Sale
Note
inclusive.
payment date on
1953, upon 30 days' published
notice, at the face amount, plus
accrued interest, bearing interest
from June 1, 1948, payable semi¬
annually at a coupon rate or rates
in multiples of
of 1% to be
named by the successful bidder.
Principal and interest (J-D) pay¬
able
at
the
Chemical Bank &
prich & Co., B. J. Van Ingen & the bonds. A certified check for
Co., Lee Higginson Corp., all of $27,500 is required. '
p.m.
(CST) on June 14 for the New York, City National Bank &
Louisville, Ky.
Trust Co., of Kansas City, Reyn¬
purchase of $6,000 building bonds.
Bond Sale Details—In connec¬
Dated May 1, 1948. Due $2,000 on olds & Co., of New York, Smalltion with the sale of the $437,000
May 1, from 1949 to 1951 inclu¬ Millburn Co., of Wichita, and the
first
mortgage library, issue of
sive. J Preference will be given to Ranson-Davidson Co., at a price of
1948
bonds
to
Stein
Bros.
&
the bid of par or better specifying par, a net interest cost of 1.823%,
the lowest rate of interest.
The as follows: $500,000 as 2V2S, ma¬ Boyce, of Louisville, as reported
in our June ,7 issue—v.
167, p.
purchaser to pay for the attorney's turing on Feb. 1, from 1950 to
2515—we learn that Blyth & Co.,
•opinion and furnish the printed 1953; $500,000 as 2s, maturing on
of
New
York, Almstedt Bros.,
Feb. 1, from 1954 to 1957, and $1,bonds..
'
v.
500,000 as l%s, maturing on Feb. J. J. B. Hilliard & Son, Bankers
Elk Horn Sch. Dist., Iowa
Bond Co., O'Neal, Alden & Co., all
1, from 1958 to 1969, all inclusive.
Bonds Voted—At a special elec¬
Louisville,
Merrill,
Lynch,
Dated
July 1, 1948.
The next of
tion held on May 27 the voters
highest bidder was Lehman Bros., Pierce, Fenner & Beane of New
approved the issuance of $9,500 Merrill Lynch, Pierce, Fenner & York, Walter, Woody & Heimerconstruction bonds.
'
Beane, Hallgarten & Co., Harris, dinger, and Hill & Co., both of
Hall & Co., White, Weld & Co., Cincinnati, were associated with
Greene School District, Iowa
above
named
in
the
pur¬
Bonds
Voted—At an election Francis I. du Pont & Co., and the
Wright,
Snider
Co., chase of the bonds at 102.00, a net
held on May 24 the voters ap¬ Prescott,
proved
to
1951; $4,000 from 1952 to 1960,
$5,000 from 1961 to 1963
sealed
receive
1949
from
$3,000
right is reserved to reject any
all bids.
or
and
Board of Directors,
bids until 8
Secretary of
will
The
District
School
bonds. Due on July 1, as fol¬
num¬
the Harris Trust & Savings
Wichita School District
167,
7—v.
June
on
151
bered
Trust
electric revenue and water utility
and bonds
through
2750
interest,
Atlanta
60,000
after at the face amount plus ac¬
crued
Monday, June 14, 194&
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(2628)
the
authenticated
furnished
the
of
Dodge
to
No tele¬
phone bids will be received-.
reject any and all bids.
■
.
•:
im-30
Mass.
- r?:r>
Note
Sale—The $50,000 water,
main construction loan of 4943
Stoughton,
offered
notes
on
June
8—y.,J67»
2516—were purchased by~thq
Norfolk County Trust Co. of Ded¬
p.
l%s. at a price of 100.469;
Dated June ;15,
serially on June 15*
from 1949 to 1958, all inclusive.
The next highest bidder was the
First National Bank, Boston, iot
ham,
a
as
basis of 1.41%.
Due
1948.
rH;;;.
II/2S, at 100.374.
-
:
v
''v
MICHIGAN
Battle Creek Township (P.
Battle Creek),
Note
Sale
—
The
Mich.
$13,500
O.
;/
tax
anticipation notes offered on June
were purchased by the Lakeview
State Bank, of Battle Creek,-at*
0.50% discount.
Dated May 10;
1948. Due March 1, 1949.
2
as
to
Detroit, Mich.
gen¬
Bond
the National Shawmut
Boston, and their legality
approved by Storey, Thorndike,
Palmer & Dodge, whose opinion
be
&
The right is reserved
supervision
Bank of
will
Palmer
Thorndike,
Boston.
purchaser.
utility
public
refunding seires R
Sale—The $553,000
water
bonds offered on June
8—v. 167,
2409 — were purchased by the
Philadelphia National Bank, of
p.
-
Volume 167
Number 4707
Philadelphia, at
a
THE
price of 100.088,
a net interest cost of
1.775%, as
follows: $95,000 as 2s, maturing
on Dec.
15, in 1956 and 1957, and
$458,000 as 13/4S, maturing on Dec.
15, from 1958 to 1962, all inclusive.
to
Dated
interest
COMMERCIAL
Dec.
highest
1947.
15,
bidder
was
The
the
next
Bankers
Trust
325, 330 to 356, 361-388, 394-421,
427-456, and 462-835, all numbers
inclusive, shall be callable for re¬
demption at the option of the
Township in inverse numerical
order on May 1, 1963, and on
any
proved
Pine
jointly, for $39,000
2y4s, $122,2s, and $392,000 as l%s, at
as
as
redemption plus
premium of $30 for each bond
of
$25,000
Not
tion held
not approve
000
Voted—At
elec¬
an
May 17 the voters did
on
the issuance of $175,-
County hospital bonds.
a
so
Wabasha, Minn.
Bond
Sale—An issue of
$50,000
street
and
park
improvement
bonds was sold recently to Mannheimer Egan, Inc., of St.
Paul, as
1.90s, at a price of 100.378, a basis
par.
1, 1963, shall be so called for re¬
demption until all of the bonds
Township Fractional
redeemable on May 1, 1951 have
Sch. Dist. No. 1 (P. O. Port
been retired or called for redemp¬ of 1.859%. Dated June
1, 1948. Due
Huron), Mich.
tion. Notice of call shall be given on June
1, as follows: $3,000 from
; Bonds Voted — At an election
not less than 30 days prior to the
1951 to 1960, and $4,000 from 1961
held on May 25 the voters ap¬
date fixed for redemption by reg¬
to
1965
inclusive.
Callable on
proved the issuance of $30,000
istered mail to the owner of each June
1, 1960, at par and accrued
construction bonds.
bond called for redemption which interest.
Approved as to legality
is then registered as to
Midland, Mich.
principal. by Dorsey, Colman, Barker, Scott
Bond Offering-—Anna E. Coones, If any bond called for
redemption & Barber, of Minneapolis.
;
City Clerk, will receive sealed is not registered, then such notice
Warren, Minn.
bids until 8 p.m. (EST) on June shall be given not less than 30
Bond Sale—The $75,000
30 for the purchase of $100,000 not days prior to the date fixed for
water,
to exceed 3% interest street im¬ redemption by registered mail to light and power system revenue
Fort
Gratiot
provement special assessment dis¬
bonds
the place of payment and
by pub¬
one
time in either the
trict coupon bonds.
Dated July 1,
1948. Denomination $1,000.
Due
$20,000
be in multiples of H4 of 1%. The
interest rate for each coupon pe¬
riod
payable
on
any
one
bond
shall
be
rate
only.
Principal and in¬
(A-O) payable at the City
Treasurer's office.
Bids shall be
one
terest
conditioned upon the unqualified
opinion of Miller, Canfield, Pad¬
financial
or a
newspaper or
the .Old
at
Kent
Bank,
Grand
Rapids.
No bid for less
than par and accrued interest or
for less than all of the bonds will
be considered.
Bids shall be con¬
of
bonds.
A certified check for
$2,000 payable to the City Treas¬
urer, is required.
^ /;
.':v
:
r
<
v
J
for the
printing of the bonds.
Bond Sale—The $42,000 general
obligation bonds offered on June
2 were purchased by S. R. Living¬
stone & Co., of Detroit, * Dated
Jan. 1, 1948.
Due on July 1, as
follows: $1,000 from 1949 to 1953;
$2,000 from 1954 to 1958, and $3,000 from 1959 to 1967 inclusive.
Perrinton, Mich.
:
Ypsilanti, Mich.
Bond
cial
by
June
on
general
obligation bonds offered on June
3
were
purchased by Watling,
Lerchen & Co., of Detroit. Dated
July 1, 1947. Due serially on July
1, from 1950 to 1967 inclusive.
Bonds Not
tion held
on
Voted—At
an
&
Co., of
2y4s, at a price of
100.657, a basis of 2.188%. Dated
May 15, 1948. Due on May 15, as
follows: $1,500 from 1949 to 1957,
$1,144.31 in 1958.
The next
highest bidder was the Ypsilanti
Savings Bank, Ypsilanti, for 2y4s,
June 1 the voters did
Spalding Township School District
(P. O. Spalding), Mich.
•
,r
Bond
Sale—The
bonds offered
as
on
$70,000
June 1
school
were
sold
2*4 s, at par. Dated July 1, 1948.
pue serially
on
July 1, from 1949
to 1952 inclusive.
;
>
-
vV/t-'' •'
I v ••••
"■ ",'y ■ ■'
Wyoming Township (P.O.
tit-W.' Grand Rapids), Mich,
•
,
Bond
Offering
—
ceive
sealed
bids
until
4.30
re¬
p.m.
(EST) on June 24 for the pur¬
chase of $827,000 not to exceed 4%
interest water revenue, series 1947
coupon bonds. Dated Nov. 1, 1947.
Denom. $1,000. Due on May 1, as
follows: $10,000 in 1951; $19,000 in
1952
and
1953; $20,000 in 1954;
1955; $22,000 in 1956;
$23,000 in 1957 and 1958; $24,000
in 1959; $25,000 in 1960; $26,000 in
1961; $27,000 in 1962; $28,000 in
1963; $30,000 in 1964; $31,000 in
1965; $32,000 in 1966; $33,000 in
1967; $35,000 in 1968; $36,000 in
1969; $37,000 in 1970; $39,000 in
1971; $40,000 in 1972; $42,000 in
1973; $44,000 in 1974; $45,000 in
1975; $47,000 in 1976, and $49,000
$21,000
in
in
1977.
Bonds numbered
241
to
244, 268-271, 296-299, 326-329, 357360, 389-393, 422-426, and 457-561,
all
numbers inclusive,- shall be
Callable for redemption at the op¬
tion of the Township in inverse
numerical
order
on
May 1, 1951,
interest payment date
thereafter at par plus accrued in¬
and
on
terest
any
to
the
date
demption plus
a
for each bond
so
fixed
for
(P. O.
(CST)
chase
re¬
redeemed prior
to maturity.. Bonds numbered 300
bids
received
School
on
of
bonds.
by the Clerk of
Board, - until 11 a.m.
June 24 for the pur¬
$574,000 school building
Complete details may be
obtained
from the office of T. G.
Evensen
&
Associates,
Inc.,
First National Soo Line
of
works
as
to Legality
as
$85,000
bonds
and
sewer
has
been
ap¬
to legality by Charles
must
state
on
Greene
County (P. O.
Leakesville), Miss.
Bonds Approved as to Legality
—An
issue
of
$70,000 hospital
interest payament date.
any
These
723
Building,
to
approved-as
bonds
scheduled to be sold
167,
v.
.
Bonds Voted
—
At
an
;
-
election
May
on
the
25 the voters ap¬
issuance- of $30,000
Falls, Mont.
Bond Sale—The $282,000 bonds
offered on June 9—v. 167, p. 2410
—were purchased
by Piper, Jaf¬
fray & Hopwood, of Minneapolis,
as 1.60s, at par, as follows:
&
Curtis,
County (P. O.
Philadelphia), Miss.
Bonds Approved as to Legality
—An issue of $300,000 road and
bridge bonds has been approved
as to legality by Charles & Trau¬
ernicht, of St. Louis.
7'
;
hospital bonds.
<
,
for
Starkville), Miss;
purchased by the State Land and
Investment Commission.
$1,770,000
offered
on
1
con¬
June
7—v. 167, p. 1969—were
sive.
The next
ern
Savings Bank,
Chicago,
Smith, Barney & Co., Northwest¬
National Bank, Minneapolis,
Bank, Minne-' Martin,' Burns & Corbett, First
apolis, and First National Bank, Security Trust Co., Salt Lake City,
St.
Paul, jointly, for 1.90s, at Edward L- Burton & Co. and Con¬
the
highest bidder
was
First National
100.415.
1
School District No.
offered
on
June
2
Fergus
County (P.
purchased by J. M. Dain & Co., of
&
Trust
jointly, for
July 1, 1948.
Due $3,000 on July
1, from 1951 to 1960 inclusive.
Offering—Lily M. Emery,
30 for the
to
purchase of $18,000 not
6% interest improve¬
exceed
ment
bonds.
sold
as
June
5
were
The
bonds
amortization
bidder.
Forsyth High School District,
Rosebud County (P. O.
100.036.
/ '»
Bonds
held
on
Voted
June
—
2
At
the
an
v
election
voters
ap¬
will
be
serial
or
No bids for less than par
accrued
interest.
Interest
M-S.
A
certified
check
Bond
District
furnished
the
purchaser.
re¬
Raymond, N. H.
Bonds Voted—At a
special elec¬
tion held on June 1 the
voters ap¬
proved the issuance
of
$25,000
school addition
bonds,
NEW JERSEY
The $540,000 im¬
—
provement bonds offered
9—v. 167, p. 2410—were
June
on
purchased
by Laidlaw & Co., of New
York,
as
iy4s, at a price of 100.077, a
basis of 1.232%.
Dated June 1,
Offering—Caroline
Ross,
Clerk, will receive sealed
(MST) on June
Orange attd
School District
Maple wood
(P. O.
Maplewood), N. J.
Bond Sale—The
$100,000 school
on June 7—v.
167,
bonds offered
2410—were purchased by B. J.
Ingen & Co., of New York,
p.
Van
as
1.65s, at
a price of
100.109, a
1.638%.
Dated June 1,
1948. Due serially on June
1, from
1950 to 1968 inclusive. The
next
basis
of
highest bidder
Bronx
the
was
National
Bank, New York, for 1.70s,
at 100.08.
County Sch. Dist. No. 14
(P. O. Shelby), Mont.
Bond
by
Union City, N. J.
Offering—Wilfred G. Tur¬
City Clerk, will receive seal¬
Bond
Toole
Sale
—
The
$25,000
bonds offered
con¬
June 4
on
167, p. 2181—were purchased
the Sunburst State Bank, of
Shelby.
Dated June
jl, 1948.
Not
elec¬
an
$30,000
District
of
Board
sealed
(PST)
on
of
June
No.
Denomination
11
a.m.
for the
pur¬
and
par
July 1,
the
bonds
will
bonds
rate
of
bidder
at
par.
be
sold
interest
will
at
purchase
None
of
for less
the
than
accrued interest.
The
at its own expense will
furnish the unqualified approving
and
par
District,
opinion
Dick
&
of Pershing, Bosworth,
Dawson, of Denver, and
printed bonds.
These bonds
quired.
Princi¬
Each
H.
S.
Fish, Chairman of School Board,
until
12
June 15 for the
purchase of $117,000 school cou¬
a.m.
pon
(DST)
bonds.
on
Dated June 1,
1948.
on
bid must
specify in a mul¬
1/20 of 1% a single
of interest Which the bonds
tiple of Vs
rate
or
The purchaser will be
with
the opinion
Delafield & Wood,
Hawkins,
New York
valid
and
of
of
City, that the bonds are
legally binding obliga¬
tions of the City. A certified check
for $9,700 payable to the
City,-is
required.-
>'
':
Verona, N.J.
Offering — Clemens C.
Bond
Kreuder, Borough Clerk, will
ceive
sealed
(DST)
chase
6%
on
of
bids
June
until
22
$110,000
p.m.
the
for
not
re¬
8.15
pur¬
to
exceed
interest
coupon or
June
emergency
housing
registered bonds. Dated
1, 1948. Denom. $1,000.
Due
$10,000
on June 1, from 1949 to
inclusive.
Bonds maturing
1959
from 1954 to
1959 will be subject
redemption at the option of the
Borough at par and accrued inter¬
to
est
on
June 1, 1953, or any inter¬
date thereafter. Prin¬
est payment
cipal and interest
at
(J-D)
payable
the Verona Trust Co., Verona.
rate
Pittsburgh School District, N.
Bond
Offering — Bernice
or
pal and interest (J-J) payable at
the Hudson Trust Co., Union
City.
tiple of y8
NEW HAMPSHIRE
bids
on
interest
Each bid
receive sealed
interest
any
will bear.
the
accrued
1953,
furnished
building bonds.
Dated
May 1, 1948. Denomination $1,000.
Due on May 1, as follows: $1,000
in 1951, and $2,000 from 1952 to
1968, all inclusive. Principal and
interest
(M-N)
payable * at the
County Treasurer's office. Bidders
are
requested to submit offers
specifying: (a) the lowest rate of
interest
and
premium, if any,
above par, at which the bidder
will purchase the bonds, or (b)
lowest
Due
part in the inverse numerical
interest
which
$1,000.
ing from 1954 to 1963, being sub¬
ject to redemption as a whole or
chase of $35,000 not to exceed 5%
the
interest
payment date thereafter.
3
until
22
6%
coupon
or
Dated July 1,
bonds.
to 1963 inclusive.
$350,000
principal amount of bonds matur¬
at
Trustees, will
bids
exceed
housing
order, at the option of the City
(P. O. Reno), Nev.
Offering—A. N. Hanson,
receive
to
registered
in
County Consolidated
School
not
1953
Voted—At
NEVADA
Washoe
000
emergency
July 1, as follows: $25,000 from
1949 to
1952, and $35,000 from
June 1 the voters did
on
ed
bids until 11 a.m.
(DST) on
July 1, for the purchase of $485,-
1948.
Western, Neb.
Bonds
ner,
on
NEBRASKA
will
Forsyth), Mont.
bids until 8 p.m.
be
$1,800 payable to the District
Clerk, is required.
purchased
The next
highest bidder was the
Allison-Williams Co., for 2.10s, at
and
for
by the State Land Board, the only
on
Boston,
right to reject all bids is
Roy),
—
struction and equipment bonds of¬
fered
of
served.
Mont.
Bond
the
Minneapolis, as 2.10s, at a price of
100.41, a basis of 2.04%.
Dated
Milaca, Minn.
O.
Flathead
were
will
The
74,
County Sch. Dist. No. 58 were authorized at the election
held on Feb. 17. A certified check
(P. O. Olney), Mont.
Bond Sale
The $8,900 con¬ for 5% of the amount bid, is re¬
improvement revolving fund
bonds
Bank
Co., Salt Lake City,
2.10s, at 100.123.
Benton, Minn.
Bond Sale—The $30,000 perma¬
nent
National
tinental
Lake
Bank
legality will be approved by
Storey,
Thorndike,
Palmer
&
Dodge, of Boston, whose opinion
South
Roy High
Clerk
County Sch. Dist. No.
(P. O. Great Falls), Mont.
&
Shawmut
their
& Savings
Bank, Chicago and Boland, Saffin & Co., jointly, for
iy4s, at 100.039.
Bonds
' ''
- •
Cascade
Trust
at
auditorium construction bonds.
An issue of $100,000 community
hospital bonds has been approved
as
to
legality
by
Charles
&
Trauernicht of St. Louis.
>1
1, 1948.
Due serially on
1, from 1950 to 1959 inclu¬
1.70s,
not approve the issuance of
'
purchased
Grant County Indep. Sch. Dist.
by a syndicate headed by Blyth
No. 5 (P. O. Elbow Lake),
& Co. and Paine, Webber, Jack¬
i
Minn.
son & Curtis of Chicago, at a price
Bond Sale—The $50,000 school of
100.066, a net interest cost
building and refunding bonds of¬ of :2.0865%, as follows: $1,062,000
fered on June 4—v. 167, p. 2409— as
2V4S, maturing on June 30,
were
purchased
by the North¬ from 1949 to 1960, and $708,000 as
western National Bank, of Minne¬
2s, maturing on June 30, from
apolis, as 1.90s, at a price of 1961 to 1968 inclusive. The next
100.616, a basis of 1.805%. Dated highest bidder was the Harris
June
The
1948.
Due serially on June
1,
from 1949 to 1956. The next
high¬
est bidder was the
Harris Trust
14
Bond Approved as to Legality—
June
Boston.
County School District
(P. O. Bonner), Mont.
Sold—The $70,000 con¬
No.
tion held
'
..
Oktibbeha County (P. O.
bonds
of
Hackensack), N. J.
100.372.
Missoula
Bank
bonds will be
authenticated as to
their genuineness
by the National
Bond Sale
July 1, 1948. The next
highest bidder was Paine, Webber,
Jackson
y4 of
(J-D) at the National
Shawmut
Bergen County (P. O.
Dated
—v.
struction
terest to be in
multiples of
1% payable
$186,000 refunding bonds.
85,000 refunding bonds. 11,000 refunding bonds.
of St. Louis.
Bond Sale—The
Denomination $1,000. Due on June
1, as follows: $12,000 from 1949 to
1955, and $11,000 from 1956 to
1958, all inclusive.
Rate of in¬
June 14—
Great
Bond
Falls, Minn.
originally
on
2516.
p.
struction
MONTANA
Granite
1
A
Court, is required.
the
aie
legality by Charles & Trauernicht,
''
of in¬
certified check for $1,000 payable
to the District
and
been
rate
whether
amortization
or
serial
will be redeemable after 10
years
payable
MISSISSIPPI
has
the lowest
terest at which they will purchase
the
bonds
at
par.
The bonds,
bonds.
& Trauernicht of St. Louis.
bonds
The bonds
District Clerk, will receive sealed
bids until 8 p.m. (MST) on June
Madrid, Mo.
Minneapolis 2, Minn.
premium of $3C
School District
County), Minn.
Offering — Sealed
be
the
proved
Herman De
Zwaan, Township Clerk, will
will
held
jU«
issue
—An
amortization
as
serial bonds.
or
will be sold for not less than par
and accrued interest, and all bidders
construction
improvement bonds.
Bonds Approved
$204,000
building
30, 1948. The
,
MINNESOTA
Bond
hot approve the issuance of $55,000 construction bonds.
;
election
an
$18,000
New
of
61
struction bonds authorized at the
election held on April 3 were
Neshoba
at par.:
Anoka
elec¬
and
purchased
were
as
Anoka
Perry Agricultural Fractional
School District No. 1, Mich.
The next high¬
Voted—At
of
purchase
bonds will be sold
was
paving bonds of¬
7
and
Bond Sale—The $28,000
issuance
the
Dated June
bonds
May 24 the voters approved the
proved
spe¬
McDonald-Moore
Detroit,
Bonds
water
»
Sale—The $14,644.31
assessment
fered
:J•:
■;v.
.
:
•
■
1, 1948.
1, from 1949
County High Sch. Dist.
74 (P. O. Roy), Mont.
A
certified check for $16,540 payable
to the Township
Treasurer, is re¬
quired.
Millington, Mich.
No.
&
legality of the bonds which will
supplied without cost to the
purchaser. The Township will pay
June
MISSOURI
Cutler, of Chicago, approving the- w
be
by
at 100.30.
Fergus
for
bonds.
Piper, Jaffray &
Hopwood and Associates, for 2.40s,
proving
the
bidder
est
ing the legality of the bonds,
Which opinion will be furnished
the purchaser without cost.
The
City will pay the cost of printing
Chapman
Dated
to 1956 inclusive.
dock & Stone, of Detroit, approv¬
of
1.978%.
purchased
Due serially on Dec.
ditioned upon the unqualified ap¬
opinion
June 8—v.
on
167,
the
Milwaukee Co. of Milwaukee, as
2s, at a price of 100.103, a basis
journal published in
New York City.
Rate of interest
to be in multiples of y4 of 1%.
Principal and interest (M-N)
Oct. 1, from 1949 to
1953 inclusive.
Rate of interest to
on
"Michigan Investor"
offered
2516—were
p.
lication
28
(2629)
not to exceed 6% interest
Minn.
redeemed prior to maturity. None
of the bonds redeemable on
May
000
for
issuance
CHRONICLE
County (P. O. Pine City),
Bonds
date thereafter
at par plus accrued interest to the
date fixed
the
FINANCIAL
improvement bonds.
payment
Co., New York, First of
Michigan Corp., and Crouse & Co.,
&
are
be
rate
must
or
specify in
a
mul¬
1/20 of 1% a single
which the bonds
of interest
to bear, and no proposal will
considered which specifies a
higher than the lowest rate
stated
in
proposal.
any
The
legally acceptable
successful bidder
the opinion
will be furnished with
of
Hawkins, Delafield & Wood, of
THE
(2630)
02
York
that the bonds
binding obli¬
gations of the Borough. A certi¬
fied check for $2,200 payable to
the Borough, is required.
New
City,
Greenburgh
NEW
MEXICO
Albuquerque Municipal Sch. Dist.,
N. Mex.
$450,000 build¬
Bond Sale—The
ing bonds offered on June 8—v.
167, p. 2305—were purchased by
Shields & Co., and the First of
Michigan
Corp.,
both of New
York, jointly, for 2y4s, at a price
of 101.516, a net interest cost of
2.106%. Dated June 15, 1948. Due
serially
June 15, from 1950 to
The next highest
on
inclusive.
1967
bidder
Jialsey, Stuart & Co.,
was
Ripley & Co., Inc., and
Ellis & Co., jointly,
Harriman
A.
Kenneth
for $200,000 as
2s, and $250,000 as
2y4s, at 100.008.
"
\
,
Gallup, N. Mex.
Sabin, Town
Call—C. M.
Bond
Clerk,
announces
has exercised its
that the Town
option and will
and redeem on July 1, all of
the bonds of series of July 1, 1928,
serially
present them with all
attached to the Town
Treasurer, for payment.
r /
to
coupons
v
NEW YORK
Barton Union Free Sch. Dist.
Bond Sale—The
offered
bonds
1948
No. 7
Y.
$142,500 school,
Wauerly), N.
(P. O.
8—
June
on
2410—were purchased
by Geo. B. Gibbons & Co., Inc.,
and Charles E. Weigold & Co.,
both of New York, jointly, as
1.90s, at a price of 100.11, a basis
of 1.888%. Dated March 15, 1948.
Due serially on March 15, from
167,
v.
p.
The next
1949 to 1978 inclusive.
highest bidder
the Manufac¬
was
Buf¬
turers and Traders Trust Co.,
falo, and Hall & Co., jointly, for
2s, at 100.03,
Brighton Common School District
No. 1 (P. Oi Saranac Lake),
York
New
1949 t«
1953 inclusive.
bidder
The next highest
R. D. White & Co., for
was
2.20s, at 100.13,
purchased by £
group
composed
of
Goldman,
Sachs & Co., Kidder, Peabody &
Co., and Estabrook & Co., all of
New York, as 1.30s, at a price oi
100.14, a basis of 1.26%.
Dated
June 1, 1948. Due serially on June
1, from 1949 to 1968 inclusive. The
next highest bidder was the Na¬
tional City Bank, New York, for
1.30s, at 100.09;
'/vv
2517
p.
were
—
Central
Newfield
Sch.
Not
held
Voted—At
elec¬
an
May 17 the voters
did not approve the issuance oi
$132,000 construction bonds.
'/
V
Olean, N.
Bond
Sale—The
$250,000
gen¬
eral
improvement, 1948 bonds of¬
on June
10—v. 167, p. 2517
—were purchased by the Marine
Trust Co., of Buffalo, as iy4s, at a
price of 100.04, a basis of 1.243%.
fered
June
Dated
rially
1958
15, 1948.
Due se¬
June <15, from 1949 to
on
inclusive.
The next
highest
bidder was Halsey Stuart & Co.,
for 1.30s, at 100.067,
Portville, Olean and Hinsdale,
Central Sch. Dist. No< 1 (P.
O.
Portville), N. Y.
'
Bond Sale
The $61,000 bonds
offered on June 3—v. 167, p. 24U
—were purchased by C. J. Devine
& Co., of New York, as 1.30s, at
100.03, a basis of 1.287% as fol¬
—
lows:
$40,000 series A of 1948 bonds.
6,000 series B of 1948 bonds.
15,000 series C of 1948 bonds.
Dated May
1, 1948. Due serially
May 1, from 1949 to 1952 incl.
on
2411
p.
Shields
&
&
Sale—The
$21,680
school
June 3
building bonds offered on
167, p. 2410=—were purchased
by the Manufacturers and Traders
Trust Co., of Buffalo, as 2.20s.
Dated May 1, 1948.
Due serially
orr May 1, from 1949 to 1963 incl.
—v,
Cortlandt
(P. O. Croton-onHudson), N. Y.
public
improvement of 1948 bonds of¬
fered on June 4—v. 167, p. 2410—
were purchased
by Roosevelt &
Cross, and Tilney & Co., both of
New York, jointly, the only bid¬
ders, at 100.04, as 1.70s, a basis of
1.684%. Dated Jutie 1, 1948.
Due
serially on June 1, from 1949 to
1952 inclusive.
'
'
,
;;
4
,v\,.
Dewitt Common School District
No. 3
(P. Q*
R. D. No. 3,
East Syracuse), N. Y.
Bond Offering—Lola
Carpenter,
District Clerk, will receive sealed
bids until 3.30 p.m. (DST) on June
14 for the purchase of $50,000 not
to
exceed
4%
New
000 from 1959 to
1968 incl.
Rate
of interest to be in multiples of y4
1/10
same
of
1%
and
must
be
the
issuance
sewer
the
for all of the bonds. Princi¬
of
''
365,000 land acquisition bonds.
236,000 paving bonds.
*
;
65,000 parks bonds.
43,000 capital (sewer) notes.
pal and interest (J-D) payable at
Bank of East Syracuse, East
Syracuse. The bonds will be de¬
29, at the
office of; Hawkins,
Delafield &
Wood, of New York City, or at
such other place as may be agreed
upon with the purchaser.
The ap¬
proving
opinion
of
Hawkins,
Delafield
&
Wood, of New York
City, will be furnished the pur¬
chaser without
check
for 2%
for; payable
required.
cost.
of
to
the
the
A
certified
bonds
District,
.
Juran &
$65,000
of
equipment
and
to
recon¬
//••/ //
County
Sale—The
Bond
offered
Dated June
1, 1948. Due serially
on June 1, from 1949 to 1963 incl
The
next
highest
bidder
was
Phelps, Fenn & Co., Eastman, Dil¬
lon
&
Co., Equitable Securities
on
June
(P.
Securities Corp.,
the
First
of Durham, at
a
price of 100.07, a net interest cost
as follows:
of 2.130%,
$26,500
Corp., Reynolds & Co., Campbell,
for
refunding school bonds
$12,500 as 2s, maturing on
June 1,
2411—were purchased by
& Sons, of Balti¬
more, at a price of 100.071, a net
interest cost of 2.189%, for $20,000
2y2s, maturing $10,000
as
on
June
maturing
■
as
1948. Z< The next
highest bidder was Alex. Brown &
1,
Sons, for $20,500
2s, and $21,000
as
2y4s, at 100.003.
as
V/:vz/z:;
Sanford, N.
2s, maturing June 1, 1961. . Dated
June 1, 1948.
The next highest
the
was
First
for
Securities
$50,000
as
Bond Sale—The $208,000 bonds
v
offered
on
—were
and the First Securities
North Carolina
<
Durham, jointly,
Bond Sale—The
as
Bond Sale
improvement
on
June
The
—
1948
7—v.
purchased by
167,
$23,500 public
bonds
offered
2411—were
p.
the First
National
/
;
$300,000 school
series C bonds offered $138,000 water bonds, for $36,000
167, p. 2518—were //: as 2y2s, maturing on June 1,
purchased by Campbell, Phelps & // from 1951 to 1959; $60,000 as
r/: 2%s,
maturing on June
1,
Co., of New York, Commerce
i
from 1960 to 1974 and $42,000
Union Bank, of Nashville, and the
First Securities Corp., of Durham, .//v as-3s, maturing on June
1,
from 1975 to 1979, all incl.
at a price of 100.051, a net interest
cost of 2.4153%, as follows: $32,000
70,000 sanitary sewer bonds, for
as
$18,000 - as 2y2s, maturing on
3s, maturing on: Feb. 1, from
1950 to 1954; $88,000 as 2s, matur¬
r; June 1,, from 1951 to 1959;
.;
$30,000 as 2%s, maturing on
ing from 1955 to 1962, and $180,000 as 2y2s, maturing on Feb. 1,
I : June 1, from 1960 to 1974,
it
and $22,000 as 3s, maturing
from 1963 to 1977, all inclusive.
/ / on June 1, from 1975 to 1979,
Dated Feb. 1, 1947. The next high¬
est bidder was the Equitable Se¬ /.yf
all inclusive.
curities Corp., Trust Co. of Geor¬
Dated June 1, 1948.
The next
gia, of Atlanta,
and
McDaniel highest bidder was Fox, Reusch &
Lewis & Co., jointly, for $43,000 Co., and M. B. Vick & Co., jointly,.
June 8—v.
Gastonia, N. C.
;
:
"Z
Sale—The $420,000 street
Bond
improvement
bonds
offered
York, F. W. Craigie & Co.,
of. Richmond,
Estabrook
and
Stanley, N.
highest bidder
Tilney &
was
Co., for 2s, at 100.06.
bid
is
2518,
offered
taking
Bond
&
Albany Sewer District,
New
extension
8
bonds
Dated
on
the
due
sewer
June
State
June
1,
highest
/'■/'/ //'./
interest
cost
of
about
follows:
as
on
$50,000
May 1 from 1951.
was
Sons, for 2V4S, at
incl., and $25,000 3 y2S,
May 1 from 1965 to
ing
.
at the
.
a.m.
interest coupon build¬
bonds.
Dated
July
1,
1948.
Denomination $1,000. Due on July
follows:
1,
as
to
1966, and $10,000 in 1967. All
maturing' on July 1, 1963,
$5,000
from
1950
.
bonds
thereafter
and
to
callable
be
on
July 1, 1962, and on interest pay¬
ment date thereafter, at par and
accrued interest.
Principal and
interest
(J-J)
payable at any '<■
suitable bank or trust company '
designated by the successful bid- '
der.
Split; rates not permitted. •"
Rate to be designated by the pur- -
bid, in multiples of •
1%,
The printed
approving opinion of Faegre & Benson, of Minneapolis* ^
y4
1/10
or
bonds
of
and
will be furnished" without cost to
the
purchaser.? No bids for less
will be considered. Bids
'
must be for all
tire
issue.
A
of the
or none
•
-
en¬
certified check for
-
2% of the bid, payable to the Dis- /
trict
Treasurer, is required.
■
-
4
School District,, N. Dak.
Bonds Voted— At an election
Hillsboro
held
June
on
proved
the
1
the
voters
////
Voted
| Bonds
held
June
on
*
construe-
-
;
/!'/:•.
School' District,
iMinot
/
ap-
issuance/of $60,000
gymnasium-auditorium
tion bonds.'
T
— At
1 • the
N.
an
>
Dak.
election
voters
/
ap-
the issuance of $425,000
construction bonds.
=
• /
proved
.
v
;
•
Wahpeton, N. Dak.
V"
Sale rr The $10,000 fire ;
purchase bonds offered/on '
-
Bond
truck
June 7—v. 167, p. 2078:—were pur¬
chased by the National Bank of v
Wahpeton; as 2s, at a price of
100.80, a basis of 1.840%.
Due v
serially on May 1, from 1949 to /
1958 inclusive.
The next highest /
purchased by Oscar Bur¬
Co., of Greensboro, at a
&
nett
price
of
100.0023,
a
interest
net
cost; of 3.593% as follows: /
$32,000 water and
!,
/
f
,
1951 to 1967, and 3%s, maturing from 1968 to J972 inclu-
I "'/* sive.v/:^
v
*
from 1949 to 1958 inclusive.
5,000 Town Hall bonds as.3^8,
)
maturing from 1951 to 1960
inclusive.
Dated June
1, 1948.
highest bidder
&
Co., for
was
$25,000
$25,000 3% s, at
par.
The next
R. S. Dickson
as
<;
3y4s,
c,
bonds
net
at
price of 100.07,
interest'
3.158%,
3y4s, due
'
a
as
cost * of
follows:
and
/
''
Wilkes County (P. O. Wilkesboro),
North Carolina
bids
Clerk,/ will
until
receive
(EST) on
June 23 for the purchase of $20,-
J
noon
May
L
1948. ? Denomination $1,$1,000 on Dec. 1, front
000. i/Due
1949
to
may
bid
1968
for
inclusive.
-
*
Bidders -T
different -rate of
a
;
multiple of y4 of \%»
Principal and interest (J-D) payable
a
at the
,
.
Bergholz State Bank. /
No bids for less than par and ac¬
crued
interest.
The
approving
-
opinion of Peek, Shaffer & Wil- /
liams, of Cincinnati, will be fur- =
nished the purchaser without cost;
'
A
certified
check
for 1% of the
payable to the Village, is required,
'
1
bonds bid for,
Bloom
Township Locol Sch. Dist**
(P. O. Bloomville), Ohio
Bond
Sale—The $125,000 building bonds offered on June 4—v.
167, p. 2411—were purchased by
Jj A. White & Co/.-of Cincinnati,
as
2y?s, at
basis
2.984%, as,follows:- W;,
1948.
$45,000 road and bridge" refund-
1,
:
;
,
;
a price of; 101.791,; a
2.309%.' Dated April 1,
;
Due serially April and Oct.
;
of
1
;
from
1949- to
1970
r
inclusive.
The next highest bidder was Ryan,
;
as 3y4s,
at ;
June
1, from Sutherland & Co., for 2
1970
inclusive, and. 100.381.
V/;./', /.
$22,000 as 2%s, maturing from
p
Brooklyn, Ohio
1972 to 1974 inclusive.
Bond Call—It is stated by An;
5,000 school bonds; for $2,000 as ton
Erhardt, Jr., Village Clerk, 1
3 y4s, maturing on June 1, in
that he is calling for payment as:
1970 and 1971, and $3,000 as
of
July ; I/-, the
following
3%
; \2%s,
maturing on June 1,
refunding bonds, Issue B of 1945, 1
from 1972 to 1974 inclusive/
dated Dec.' !, 1945, due Jan. 1,
Dated June 1, 1948.; The next
1966.
Bonds Nos. 607,. 626, 692,
1
highest bidder was Breed & Har¬ 736, 742, 777, 793, 799, 815, 853, /
868, 888, 923, 934, 955, 971, 986,
rison and Provident Savings Bank
ing bonds for $23,000
maturing
y
on
.to' 1972
*
.
,
(
a
about
$52,000
.
„
997 and 1004.
May 1 from 1950
to" 1962 incl., and $13,000 3s,
due on May 1 from 1963 to
for,.$30,000
1965 inclusive.
314s, at
on
Jr./ Village
interest in
13,000 stfeet improvement bonds
.;' as 3y2s, maturing on June 1,
:
Bergholz, Ohio
Offering—C; K Paisley^
Bond
sealed
-v-irsr
000 3% water works bonds. Dated /
bonds as
sewer
;t 3 y2s, maturing on June 1 from
r
OHIO
•
65,000 Winterville School District
Due
bidder
on
1969 inclusive.
$2,000
from 1949 to 1967 incl.
E. H. Rollins &
100.28.
1948.
be received
Auditor's
exceed 4%
on
•
of
June 1,
The
next
.
3.367%,
3y4s, due
Albany, as 2.10s, at" a
price of 100.112, a basis of 2.088%.
on
.
•
to 1964
$42,000
by
the
*
offered
purchased
were
Bank
York
Sale—The
$140,000 school
8—v. 167, p.
bonds as fol¬
$75,000. Pactolus School District
bonds at a price of 100.031, a
Colonie (P. O. Newtonville),
Bond
will
-
office,
Fargo,
(CST) on- June-23
for the purchase of $95,000 not to
Sale^-The - $50,000 bonds
June 1—v. 167, p. 2411
-
offered
—were
June
lows:
net
West
bids
a•'
Bond Sale—The $50,000 bonds
County School Districts (P. O4 offered on. June 1—v. 167, p. 2411
/
Greenville), N. C. >
—were purchased by Alex. Brown
Bond Sale—The First Securities &
Sons, of Baltimore, at a price
Corp. of Durham was the success¬ of 100.077/ a net interest cost of
bonds
next
tion
C.
Pitt
ful bidder for the
Co., of Tuckahoe, as
price of par,
Dated
June 1, 1948. Due serially on June
I, from 1949 to 1953 inclusive. The
v
auc-
h
M
on
June 8—v. 167, p. 2518—were pur¬
chased, by Goldman, Sachs & Co.,
iy2s,
a
N. Dak.
3s, $55,000 as 2sr and; $202,000 for $60,000 as 23/4s, $36,000 as 3s, bidder was the Bank erf North Da2y2s, at par.z// •;//// -Z':;■; and $112,000 as 3*4 s, at 100.001. > kota, Bismarck,; for 2s, at 100.775. ;
as
Bank & Trust
at
Special Sch. Dist. No. 17,
Bond Offering—Sealed and
Corp., of
follows;
building,
on
NORTH DAKOTA
Casselton
than par
June 8—v. 167, p. 2511
purchased by Campbell,
////•;///v/;/ Phelps & Co., of New York, Com¬
merce Union Bank, of Nashville,
Caldwell County (P!. O. Lenoir),;
Corp., Durham,
21/4s, at 100.078. ,
notes
were
chaser in his
June
Dated
1, in 1960 and 1961; and $30,000 as
bidder
in
1, in 1958 and 1959, and $7,000
2j/4s, maturing in 1960 and
—
Brown
2y4s,
1961.
15,000
refunding •, bonds
for
$8,000 as 2S) maturing on June
Z Beaufort County (P.. Oi
Washington), N. C.
Sale
The $50,000 re¬
funding bonds offered on June 1—
p.
as
1960 and
i
Bond
in 1958 and 1959, and
$14,000
/
C.
purchased,
by the Branch Banking & Trust
Co., of Wilson, at 1%.
until. 10
$41,500 bonds
167, p. 2411
by
N.
The $80,000
—
June 1
on
County
O.
1—v.
purchased
—were
Phelps & Co., and G. C. Haas &
Co., jointly, for 2s, at 100.23.
,
Sale
consist
Rockingham), N. C.
struction of 1948 bonds.
NORTH CAROLINA
Wilson,
Note
offered
Moody offered 100.13 for
3V4s, or a net cost of
Richmond
/
1948 bonds.
154,500
issue
3.236%.
$888,000 school, 1948 bonds.
472,500 street improvement
bidders:
Welsh,
$25,500 3y4s and $49,500 3y>s;
for the Winterville School issue,
2s, at a
basis of 1.92%,
a
dated May
high
of
as
Co.y of New York, jointly, at a
price of 100.044, a net interest cost
of 2.3364%, as follows: $36,000 as
20,000 capital {land acquisition) 3s, maturing on June 1, from 1949
to 1951; $74,000 as 2V2s, maturing
notes.. : Z /,,f-:■.v.from 1952 to 1956; $250,000 as 2y4s
13,000 capital (paving) notes.
4,000 capital (parks) notes./;// maturing from 1957 to 1965, and
$60,000 as 2 y2s, maturing in 1966
•'
Triborough Btidge and Tunnel:, and 1967. Dated June 1, 1948. The
Authority, N. Y.
next
highest bider was Alex.
Bonds Purchased by RFC—With Brown & Sons, and Mercantilethe purchase of $7,200,000 bonds Commerce Bank & Trust Co., St.
on June 7, the Reconstruction Fi¬
Louis, jointly, for $240,000 as 2y2s,
nance
Corporation increased ; to and $180,000 as 2y4s, at 100.003.
$57,000,000 its holdings of the au¬
Lumberton, N. C.
thority's 3y2%, 50-year Battery/ Note Sale—The $150,000 bond
Brooklyn
Tunnel
construction
anticipation notes offered on June
bonds.
:/:/'-''> /' '
1 were purchased by the Scottish
Bank of Lumberton, at 1.45%.
Tuckahoe, N. Y.,
about June
or on
jointly,
School
Pactolus
oi
follows:
of New
bonds.
the
livered
York,
are
Davis & Co., jointly, at 100.05, or
a net cost of about
3.417%, for the
by
Co., all
bonds
Second
1948.
Vance Securities Corp. and
Co., Paine, Webber,
Curtis, Coffin & Burr,
price of 100.42,,
as
;
following bonds and notes:
$799,000
interest
building,
1948 coupon or registered bonds.
Dated June 1, 1948. Denomination
$1,000. Due on June 1, as follows:
$2,000 from 1949 to 1958, and $3,-
or
the
approved
purchased
were
1,
Monday, June 14, 1948
,
Bond Sale —The $19,000
.
Rye, N. Y. •;
Bonds and Notes Approved—At
an
election held on June 8 the
voters
All of the
Y.
and Herbert J. Sims &
as
Bond
—
Jackson
Alex.
Y.
on
.
CHRONICLE
Sale—The $1,515,000
offered op June 8—v. 167,
bonds
v.167,
Dist.,
(P. O. Newfield), N.
tion
Yonkers, N.
;;://■
Kingston, N. Y.
Bond Sale—The $473,500 street,
sewer,
apparatus
and
building
bonds offered on June 8—v. 167,
15,000 street improvement bonds.
•\
Holders of said bonds are di¬
rected
$52,500
June 1, from
on
FINANCIAL
Bond
2.20s, at a price of 100.18, a basis
of 2.14%. Dated June 1, 1948. Due
Bonds
bonds.
;
Tarrytown),
high¬
way machinery bonds offered on
June 8—v. 167, p. 2410—were pur¬
chased by Geo. B. Gibbons & Co.,
Inc., and Charles E. Weigold l
Co., both of New York, jointly, at
follows::
$40,000 sewer extension bonds.
25,000 water works extension
O.
York
Sale—The
Bond
pay
as
(P.
New
valid and legally
are
&
COMMERCIAL
&
Trust
Co.,
Cincinnati,- jointly,
.
par.
as
3s, and $20,000
.
as
;
/
•
; /■
Said-bonds, together with unmatured interest coupons, shall be
presented to the Cleveland Trust
.
;
I
"
Volume 167
;
THE
Number 4707
CO., Cleveland, for payment at par
and accrued interest
to July
1,
;
1948,
740,000
as
2y4s, at
COMMERCIAL
$7,700,000.
and
as
bonds,
cease.
Note
( B
Local
O.
School' District
>
R. F. D. No, J,
Offering—Milo
Cochrel!
Clerk of Bbard of Education, will
receive
until
bids
sealed
ft p.m.
June 22 for the purchase
v of.$92,000
3% building, unlimited
; tax bonds.
Dated June 1; 1948.
Denomination $1,000. Due on Nov.
1, as follows: $5,000 in 1949; $4,000
; in 1950; $5,000 in 1951; $4,000 in
; 1952; $5,000 in 1953; $4,000 in
1954; $5,000 in 1955; $4,000 in 195ft;
$5,000 in 1957; $4,000 in 1958;
$5,000 in 1959; $4,000 in 1960;
$5,000 in 1961; $4,000 in 1962; $5,000 in 1963; $4,000 in 1964; $5,000
in 1955; $4,000 in 1956; $5,000 in
1957,; $4,000 in 1958; $5,000 in
1959; $4,000 in 1960; $5,000 in
1961; $4,000 in 1962; $5,000 in 1963;
(EST)
No.
Sale—The
$239,000
notes
bonds.
Nos.
1051
Bond' Sale
offered
on June 3—v. 167, p. 2411clusive.
purchased by J. A. White C 19,836.12 refunding issue No., 9
& Co. of Cincinnati; at 6% plus
bonds.
Nos. 1074 to 1094 in¬
.
premium of $17,265; for the- notes
a
divided
as
follows:
2,000
$224,000 street improvement, ser
on
sewer
refunding
1,938
construction, series
91 notes.
bidder
bonds.
ries 90 notes.
15,000:
bonds.
/■ V/
issue
No.
Nos.
issue
No.
June
Allentown
1033 and 1034.
the Commercial Bank,
will
receive
(CST)
purchase of
p.m.
June 16, by John G. Stephen,
Secretary of the. Authority, care
of George
Kistler, City Clerk,
Room 202, City Hall, Allentown,
on
sealed
on
bids
until
2; for the
June 15 for- the
purchase of $3,250,000
ders may
cou¬
bonds. Bid¬
designate not. more than
water
pon
$8,500' building and
furniture bonds.
Pa.
Offering—Sealed, bids will
11 a*m* (DST),
received until
be
Jr., Clerk of Board of Education,
,
Authority- (P.. O.
A lie nt own),r
Bond:
Spiro School! District, Okla.
Bond Offering— A. M". Mixon,
6
Dated July 1, 1938.
16,
was
•:/'/;■■■■
PENNSYLVANIA
Waynoka, for 2s..
14
Nos. 3745 and 3746.
refunding
Due July 1,
1948. Due Dec., 1968:, Holders of said bonds are
16, 1949. The next highest bidder
required to present same for re¬
was Stranahan, Harris & Co., Inc.,
demption at the Cleveland: Trust
for iy4% (plus $52.)
' ;
Co., Cleveland; Interest ceases on
Dated
1953
of the. successful
group.
Due; serially from 1951 toinclusive;
The next- highest
l3/4s.
clusive.
and
Marshall, of Portland,
members
were-
equipment; bonds
offered' on June 1—v, 167/ p. 2411
—were purchased
by the SmalliMilburn Co., of Oklahoma. City, a6
portation
1072 in¬
to
Foster &
Quinlan School District; Okla.
—
The $6,500 trans¬
5
in-
1031
—were
Burbank), Ohio
Bond
to
elusive.
21,866.09 refunding: issue. No, 8
Columbus^ Ohio-
•
Burbank
issue
913
/':
which date interest shall
on
Nos.
(2631)
CHRONICLE
FINANCIAL
$48,000. refunding
par.
2s,
&
revenue
Due $1,000 from, three interest rates for. all. of: the
;
'
date called..
'
IrontonOhio
195! to
bonds and not
1957; and $1,500 in 1958.
The bonds will be awarded to the
for
bidder offering the lowest rate
same
than
one
rate
maturing
on
the
interest
rate
more
bonds
all'
'
Bond' Sale—The
and
.
$14,000
bridge bonds offered
8-—v. 167, p. 1742—were
on
street
June
■
Toledo,
Bond: Offering
Ohio
—
purchased City Auditor, will
Rudy Klein,
receive sealed
'
by J/ A. White & Co. of Cincin¬
bids
price of 100.63, a
basis of 1.782%.
Dated Aug. 1,
1948.
Due serially on, Aug.. 1,
29l
the Provi-.
dent Savings Bank & Trust Co.,
Cincinnati/for2s/ at 100.11.
ferent:
2s, at
as
$4,000 in 1964, and $5,000 from 1965
from 1949
tp 1968, all inclusive. PrincipaLand
next
interest (M-N) payable at theStebbins Banking Co., Creston. Bidders
-
-
bid
may
different rate of
multiples of y4 of 1%.
be made only upon all
for
interest in
>
Bids shall
a
All bids must
bonds of this issue;
state the
and
gross
accrued
amount of the bid
interest
to
date
of
delivery.
The bonds will be sold
to the highest bidder at: not less
than par and- accrued interest to
date of delivery.
Proceedings for
.
-
1953 inclusive.
to
noon
the
for
The
rate
of
interest
in
mul¬
tiple of y4 of 1%. Principal and
!
interest
(F-A)
payable at the
Bond Sale— The $60,000 first;,
Chemical Bank & Trust Co,, New
mortgage water works revenue York
City. No bids for less than
bonds offered
on
June 2 were
par
and accrued interest;
The;
purchased by Stranahan, Harris bonds may
be
exchanged
for
& Co., Inc., of Toledo, as 2%s.
bonds
registered as to princi¬
Dated June 1, 1948.
Due serially pal and interest at the request,
on
Dec. 1, from 1950 to 1974- in¬
of * the owner.
All proceedings
clusive.•
incident to the proper authoriza?:
;
tion
Kenton, Ohio
Bond
t
of
under
Cancelled—The sale
Sale
issue
this
the
will
direction
be
of
a
taken;
bond
An
date.
re¬
pay par peated shall' be considered, as
and accrued interest.
A certified' single interest rate. Rates are
check, for 2% of the amount bid, is be
designated in multiples
agreeing: to
for
be
Band
Watonga, Okla.
Offering—B;; M. Hippard,
the
entire issue.
Denomi¬
nation $1,000. Dated July 1, 1948.
Bonds may be registered as to
receive sealed
(CST) on Junepurchase of $35,000 hos¬
pital bonds. Due $2,000 from 1951
to 1966, and $3,000 in 1967.
The
bonds will be awarded to the bidk
Clerk,
City
a
to
of
Vs of. 1%, payable J-J. Bids must
required.
3%
was
Jackson,. Ohio
,
,
the
supervision of Squire, Sanders
& Dempsey, of Cleveland, whose
approving opinion together with
a
highest bidder
this issue have been taken under
;
until
(DST) on June
purchase of $50,000
intercepting
sewer
coupon
bonds*
Dated Aug, 1, 1948.
De¬
nomination $1,000.
Due $2,000 on
Aug. 1, from 1950 to 1974 inclu¬
sive.
Bidders may bid. for a dif¬
nati,
interest and
of
will
principal only. Due on July 1, as
follows: $20,000 in 1949, and: 1950;
$25,000 in 1951 to 1953; $80,000,
1954 and 1955; $85,000, 1956 and
1957; $90,000, 1958 and 1959; $95/000, 1960 and 1961; $100,000, 1962
der offering the lowest rate
of and
1963; $105,000 in 1964; $110,interest: and agreeing to* pay par
000, 1965: and: 1966; $150,000, 1967;
and accrued interest.
These arei
$155,000,
1968;
$160,000,. 1969;
the bonds: authorized at the elec¬
$165,000,
1970;
$170,000,
197.1;
tion held on- June 1*
A certified
$175,000,
1972;
$180,000,
1973;
check for 2% of the amount bid,
$185,000, 1974; $190,000 in 1975 to
is required.
1977.
Bonds maturing after July
1, 1953, are subject to redemption
Yukon School District, Okla.
?
Bond Sale—The $10,000 trans* prior to maturity at the option of
the Authority either as a whole or
portation equipment bonds offered
from time to time im part, in the
on June 9—v. 167, p. 2519—were
until 8 p.m.
bids
15 for the
.
attorney whose opinion as to the
legality of the bonds may be prorinverse numerical order of* their
cured
the- printed bonds will be fur¬
by the purchaser at his purchased by the Yukon National.
167, p. 2518—has been cancelled.
maturity on any interest paying
nished the purchaser at the ex¬
expense.
A certified check for Bank and the First National Bank,
date upon payment of 105% of
pense of the District.
A certified
1% of the bonds bid for, payable both of Yukon. Due serially from
Lorain County (P. O. Elyria),
principal if redeemed on or be¬
check for $1,000 payable to the
to the Commissioner of the Treas¬
1951 to 1953 inclusive.
Ohio : *
fore July 1, 1953; and at' lesser
District, is required.
Note Offering. — E. R. Cunu- ury, is required.
premiums thereafter, depending
OREGON
mings, Clerk of Board of County
Zanesville, Ohio
*
upon redemption date. The bonds
Cleveland, Ohio
Commissioners, will receive sealed
Corvallis, Ore.
Bond Sale—The $72,000 water
will be- issued subject to the ap¬
j
Bond' Sale — The. $12,000,000 bids until 10 a.m. (DST) on June
Bonds Sold—An issue of $87,500
system bonds offered on June 8—
water works extension first mortf
proving opinion of Townsend, El¬
21 for the purchase of $31,000 3%
v.
167, p. 2518—were purchased civic center bonds was purchased liott & Munson, of Philadelphia,
gage bonds, series B offered on
water supply
improvement y No.
by the First Cleveland Corp., of recently by the Benton County. whose opinion will be furnished
June 8—v. 167, p. 2306—were pur¬
100 notes.
Dated June 15, 1948.
Cleveland, as 2s, at a/ price of State Bank, of Corvallis, as 2y4s,. free' of charge to the purchaser.
chased^Jayva/ syndicate/ headed by Denominations as. the
purchaser
No conditional bids will be ac¬
1G0.06, a basis of 1.993%.
Dated and 2y2s, at a price of 100.39.
Halsey,r Stuart &. Co. Inc., and
may requests Due June 15, 1950. June
1, 1948.
Due serially on
cepted. Bids must be accompanied
Lehman Bros., of New York, and
Oregon^ (State of)
: >■
Bidders may bid for a different June
1, from 1950 to 1967 inclu^by a certified check equal to 2%
consisting- of' Blair & Co., Inc.,
Bond; Offering— W. F; Gaarenrate of interest in a multiple of sive.
The
next highest bidder
of the par amount, of the bonds,
Merrill, Lynch, Pierce, Fenner &
stroom,, Director of Veterans' Af¬
y4 of 1%.
No bid for less than was J. A. White &
drawn to the order of the Treas¬
Co., for 2y4s,
Beahe, Phelps, Fenn & Co., both
fairs, will receive sealed bids un¬
par and accrued interest. : Prin¬
at 101.75.
urer of the Allentown Authority.
of New York, Harris, Hall & Co.,
til 10 a.m. (PST) on June 25? for
cipal and interest (J-D) payable
of Chicago, Otis & Co., of Clevethe purchase of $1,000,000 not to.
at the County Treasurer's office.
OKLAHOMA
Doylestown, Pa*
lalnd, Equitable Securities: Corp.,
exceed 2% interest veterans' wel¬
The, approving opinion of Squire,
Bond Sale—The $100,000 sewer
Aline School District; Okla.::
; Salomon
Bros. & Hutzler, Eastfare coupon bonds.
Dated Aug. 1, bonds offered on June 4—v. 167,
Sanders & Dempsey, of Cleve¬
v mart,Dill6n
&Co*, L. F. Roths¬
y Bond Sale — The $36,000 land 1948. Denomination not less than
land, will be furnished.
A cer¬
p. 2307—were purchased by Aspchild & Co., Hornblower. & Weeks,
acquisition and construction bonds $1,000 each as the successful bid¬
tified check for $350 payable to
den, Robinson & Co., and Schmidt,
offered on June 1—v. 167, p. 2411—
Hallgarten & Co., E. H. Rollins
der may specify.
Due Oct. 1,1958, Poole & Co., both of Philadelphia,
the County .Treasurer, is required.
& Sons, all: of New York, Central
were purchased by R. J. Edwards,
subject to redemption at the op¬ jointly, as l3/4s,. at a price of
: Republic Co., A. G. Becker & Co.,
Inc., of Oklahoma City; as 2y2S.
tion of the State, in numerical or¬
Sebring, Ohio
101.324, a basis of 1.576%* Dated
: both
of Chicago, Eldredge & Co.,
Bond Offering—Maurice Coffder, or in their entirety, on Oct. 1, June 1, 1948.
Due serially on
Erick, Okla.
American Securities Corp., Geo. B.
1953, and upon any interest pay¬ June 1, from 1949 to. 1975 inclu¬
man, Village Clerk, will receive a
Bond Offering — Frank Vise,
; Gibbons: & CO.; Inci, W;:H; Mortoh
sealed bids until 7 p.m.
ment
date
thereafter upon
3(. sive; The next highest bidder was
(DST)
City Clerk, will receive sealed
& Co., Roosevelt & Cross, R. S. on June 16 for the
purchase of
days' published notice.
Rate of Dolphin & Co., for l%s, at 100.899.
bids; until 8 p.m. (CST) on June
Dickson.& Co., William J. Mericka
interest to be in multiples of lk
$34,000 not to exceed 3% interest 22 for the
purchase of $10,500 not
& Co., all of New York, Moncure
of 1%.
The bonds will be deliv¬
Dubois, Pa.
coupon bonds divided as follows:
to exceed 5% interest City Hall
Biddle
&
Co.,. of Philadelphia, $17,000 paving
Bond Offering—E. V. Johnson,
ered complete, without cost to the
bonds. Due on addition bonds.
Due $2,000 from
Hannahs, Ballin. & Lee, of New
Dec. 1, as follows: $1,000 from
successful bidder, at Salem,, or at City Clerk, will receive sealed
1951 to 1954, and $2,500 in 1955,
York, Dempsey & Co., of Chicago,
such other banking institution in bids until noon (DST) on June 14
1949 to 1951, and $2,000 from
These are the bonds authorized at
Rambo, Close & Kerner., of Phila¬
1952: to 1958 inclusive.
Portland,
as
the
bidder shall for the purchase of $76,000 gen¬
the election on June 1. The bonds
delphia, Fox, Reusch & Co., lof
13,000 fire- truck bonds. Due on will be awarded to the bidder name. Principal and interest (A- eral obligation bonds. Dated July
Cincinnati, Thomas
&
Co.,
of
v
Dec. 1 as follows: $1,000 from
O) payable at the State Treasur¬ 1, 1948. Denomination $1,000. Due
offering* the lowest rate of in*
Pittsburgh, Campbell, Phelps &
er's office. The purchaser will be on July 1, as follows: $7,000 from
1949 to 1955, and $2,000 from
terest and agreeing, to pay par
/Co.,.of New York, Van Lahr, Doll
furnished with the unqualified 1949 to 1958, and $6,000 in 1959.
/ 1956 to 1958 inclusive. - ;
and; accrued interest.
A certified
& Isphording, of Cincinnati, R. C;
4,000
street
department truck check for 2% of the amount bid, legal opinion of Winfree, McCul- Registerable as; to principal only.
Schmertz & Co.,: of Pittsburgh,
bonds. Due $1,000 on- Dec. 1/
loch, Shuler & Sayre, of Portland; Bidders to name the rate of inter¬
is required.
J. C. Bradford & Co., of
Nashville/:
approving the validity
of the est in multiples of % of 1%. No
of
the
bonds
$100,000; swimming
scheduled
for
pool
June* 14—v.
,
.
,
;
;
.
.
■
.
,
•
•
•
•
-
.
.
.
,
.
and
Hess
at
price of 100.07,
&
Co., of Philadelphia,
a net interest
cost of 2.2369%, as follows, $2,560,000 as 3s, maturing on Feb;
and /Aug. 1, from 1953 to 1958}
a
$4,590,000 as 2s,, maturing on Feb:
and Aug. 1, from 1959 to 1966}
,
/ and $4,850,000 as 2 y4s, maturing
on
•
Feb.
and Aug.
1 from 1966; to
1972; all inclusive. Dated July 1,
1948. The next highest bidder was
First
Boston
Corp., Blyth & Co.,
Bosworth
&
Co.,
Inc.,
Fields Richards & Co., McDonald
&: Co., Stranahan, Harris & Co.;
Braun,
//:/: from 1949 to 1952 inclusive.
-
.
First Cleveland
Corp., Milwaukee Co., Milwaukee,*
Ryan, Sutherland & Co., Tripp &
Shepard
&
Co.,
Co., Crouse & Co., J. M. Dain &
Cor, and Ketcham & Nongard,
.jointly, for $2;560,000 as 2y2s, $1,-
1948. Denomina¬
Bidders may bid for a
Midwest
Bond
City,
Offering
—
bonds.
Okla
F. B. Foster,
of
the
A certified check for 3%
par
value
of the
bonds,
Town Clerk, will receive sealed payable to the Director of Veter¬
ans Affairs, is required. :■//.
Principal and bids until 2 p.m. (CST) June 19 for
interest "(J-D)
payable
at the purchase of $18,500 sewage dis¬ Oregon State Board of Higher
Mount Union Bank, Alliance.
A posal bonds. Due $2,000 from 1951
Education (P. O: Eugene), Ore.
transcript of proceedings evidenc¬ to 1958, and $2,500 in 1959. The
Bond Sale—The $2,110,000 agri¬
ing the legality thereof and the bonds will be sold to the bidder cultural college pavilion building
printed bonds will be furnished offering the lowest rate of interest and refunding bonds offered on
promptly. Legal opinion at option and. agreeing to pay par and ac¬ June 7—v. 167, p. 2183—were pur¬
A certified check
and expense of the successful bid^ crued interest.
chased by a syndicate composed of
der.
A. certified check for $500, fhr. 2% of the amount- bid, is* re¬
Blyth & Co., of Portland, Pacific
quired.
payable to the village, is required.
Northwest Co. of' Seattle, Mer¬
different rate of interest in multi¬
ples of y4. of 1%.,
,
:■;
"
Inc., Coffin & Burr, Estabrook &
Co., Paine, Webber, Jackson &
Curtis, R. W. Pressprich & Co.,
B. J; Van Ingen & Co., Hay den,
Miller & Co., Fahey, Clark & Co.,
First of Michigan Corp., Graham,
Parsons & Co., Prescott, Hawleyy
•
Dated June 1,
tion $1,000.
Bond
Sebring, Ohio
■>';'• '''\
Sale-— The $25,000 water
system bonds offered- on June 9
—v. 167/ p. 2306—were purchased
Mustangr School
District,
Bond Offering—Howard
Okla.
K. Sel-
ken, Clerk of Board of Education,
will receive sealed bids until 8
rill
Lynch,
Pierce,
Beane of New York,
Fenner
&
Boettcher &
Denver, E, M. Adams &
Atkinson-Jones & Co., Fordyce
& Co.,
all of Potrland;
Co.
of
Co.,
(CST) on June 14 for the
Grande & Co. of Seattle, Peters,
purchase of $36,500 building, re¬
Writer & Christensen of Denver,
on Dec. 1, from 1949 pair and furniture bonds. Due $4,000 from 1951 to 1958, and $4,500 Chas. N. Tripp Co. of Portland,
to 1956 inclusive.
in 1959.
The bonds will be sold Walter,. Woody & Heimerdinger
E. J. Prescott &
South Euclid, Ohio
to the bidder offering the lowest of Cincinnati,
of Minneapolis, Hemphill,
Bond Call — Lester L. Askue; rate of interest, and agreeing to Co.,
City Auditor, calls for payment pay par and accrued interest.
A Fenton & Campbell and Hess &
on July 1, $93,685.81 bonds divided
certified
check for 2%
of the McFaui, both of Portland, as 3J/4s
by the First National Bank ofSe-
bring, as 2s.
Due serially
as
follows:
p.m.
Dated June 1, 1948.
amount
bid, is required.
and 3V2S.
bid for less than par
and accrued
The pur¬
interest will be accepted.
chaser will receive without charge
the
opinion of Burgwin, Churchill
Ruffin, of Pittsburgh, that the
are valid: and legally bind¬
ing obligations of the city. A cer¬
tified check for $1,520, payable to
&
bonds
the
city, is required.
'
\
v,
Jeannette, Pa.
Bond, Offering—J. Claire Manson,
City Clerk, will receive seal¬
until 10 a.m. (DST) on
bids
ed
June 15 for the
purchase of $125,improvement coupon bonds.
Dated June 1, 1948. Denomination
$1,000. Due on June 1, as follows:
$8,000 from 1949 to 1958, and $9,000 from 1959 to 1963 inclusive.
000
Callable
interest
to
name
on
June 1, 1951, or any
date thereafter.
Bidders
the rate of interest in a
multiple of *4 of 1%, and must be,,
same for all of the bonds.
No
the
bids for less than par.
Principal
payable in Jeannette.
Approved as to legality by Burgand interest
THE
(2632)
64
Monday, June 14, 1943
FINANCIAL CHRONICLE
COMMERCIAL &
nished
of Chicago; Moroney, Beissner & New York City, whose approving
Ruffin, of Pitts¬ ville; C. H. Little & Co., and Gor¬
Sodon-Zahner opinion will be furnished by the
don Meeks
& Co., jointly; for Co., of Houston;
burgh. A certified check for $2,Co.,
of
Kansas
City;
Walter, city, and the city will also furnish
500 payable to the City, is re¬ $100,000 as 2V2S, and $195,000 as
Woody & Heimerdinger, of Cin¬ the printed bonds. The city re¬
win, Churchill &
23/4s, at 100.01.
quired.
McMinn County
Pottsville, Pa.
Offering—Frank A. Mat¬
Bond
,
(P. O.
Athens), Tenn.
Sale—The $30,000
Bond
rightwill receive
(DST) on of-way bonds offered on June 3
June 23 for the purchase of $400,- —v, 167, p. 2307—were purchased
000 improvement coupon bonds. by the First National Bank, of
Dated July 1,1948.
Denomination Athens, as 21,4s, at par. Dated
May 1, 1948. Due serially on May
$1,000.
Due $20,000 on July 1,
from
1949
to
1968
inclusive. 1, from 1949 to 1954 incl.
Additional Sale — The $200,000
Bonds maturing on July 1, from
1959 to 1968, shall be callable in school bonds offered at the same
time were purchased by a syndi¬
whole or in part, in inverse nu¬
merical order of maturity, at the cate composed of C. H. Little &
option of the City at par and ac¬ Co.; Davidson & Co., both of
crued interest on July 1, 1958, or Knoxville; Cumberland Securities
of
Nashville;
Fidelity
-on
any
interest payment date Corp.,
thereafter.
Bidder to name the Bankers Trust Co., of Knoxville,
and Jack M. Bass & Co., of Nash¬
rate of interest in multiples of Vs
of 1%.
No more than one rate ville, at a price of 100.052, a net
of interest may be named by each interest cost of 2.865%, as follows:
bidder. These
bonds are issued $80,000 as 3s, maturing May 1,
subject to the favorable opinion 1949 and 1950; $80,000 as 23/4s,
maturing in 1951 and 1952, ana
of Townsend, Elliott & Munson,
■of Philadelphia, and will be de¬ $40,000 as 3s, maturing in 1953.
I
livered to the purchaser only if Dated May 1, 1948.
and after the proceedings author¬
tennessee
izing the issuance thereof have
Union City, Tenn. ^i'V
'
been approved by the Department
Bond Offering—Frances C. Praof Internal Affairs of the Com¬
City Clerk, will receive
monwealth.
A certified check for ther,
sealed bids until 11 a.m. (CST)
2% of the face amount of the
on
June 29 for the purchase of
bonds, payable to the City Treas¬
$500,000
school
bonds.
Dated
Clerk,
City
thews,
cinnati; Columbian Securities
Corp. of Texas, of San Antonio;
Lovett
Abercrombie
&
Co., of
Houston, and R. A. Underwood &
sealed bids until 7 p.m.
is required.
urer,
Sale—The $30,000 sewer¬
loan bonds offered on June 3
167, p. 2412—were purchased
by Whiting, Weeks & Stubbs, of
age
—v.
2l/2s, at 100.30, a basis
Dated June 1, 1948.
June 1, from 1949
-to 1970 inclusive. The next high¬
est bidder was Tyler & Co. for
2%s, at 100.83.
Boston, as
2.472%.
^f
Due serially on
south carolina
Sumter, S. C.
*''
Bond Sale—The issue of $500,000 water and sewer
offered
bonds
system rev¬
June 10—v.
167, p. 2307—was awarded to a
syndicate composed of John Nu¬
& Co.,
Chicago, Johnson,
Xane,
Space & Co., Savannah,
Frost, Read & Simons, of Charles¬
ton, G, H. Crawford & Co., and
Frank S. Smith & Co., both of
veen
Columbia,-at a price of 100.152, a
net interest cost of about 2.926%,
$232,000 2%s, due on
1949 to 1962 inclu¬
follows:
.as
June
from
1
sive, and $268,000 3s, due on June
1
from
1963 to
1973 inclusive.
of
Second high bid
par
for $42,000
4s, $232,000 23/4s and $236,000 3s,
er
a
net interest cost of about
2.928%,
by
made
was
group
a
composed of R. S. Dickson & Co.,
Robinson-Humphrey Co., F. W.
Chisholm & Co.
Varnedoe,
and
Co.,
&
Craigie
Waubay, S. Dak.
$65,000
Sale—The
1, from -1949 to 1956; $195,00C
as
2V4s, maturing from 1951
to 1959; $212,000 as 2y2s, ma¬
turing from 1960 to 1962, and
$152,000 as 2%s, maturing in
sewer
tennessee
Cheatham County (P. O.
Ashland City), Tenn.
Bond Sale—The
'
on
$295,000 school
June
1—v. 167,
1963 and 1964.
600,000 court house bonds, for
$107,000
as
2y2s,
maturing
$17,000 on April 1, from 1950
'
to
1956; $134,000 as 23/4s, ma¬
turing from
1958 to
1963;
V
$259,000 as 3s, maturing from
1964 to 1966, and $100,000 as
23/4s, maturing in 1967.
V
Dated May 1, 1948.
*
by the
Cumberland
Securities
Corp.;
Commerce Union Bank, and Web¬
ster & Gibson, all of Nashville,
jointly, at a price of 100.005, a net
interest cost of 2.543%, as follows:
$100,000 as 3s, maturing on June 1,
offered
from 1949 to 1953, and $195,000 as
15.
1973, all incl.
$58,000 as 3s, maturing on
15, from 1949 to 1952;
June
$183,000 as 2%s, maturing on
15, from 1953 to 1962;
June
,
2%s,
from 1968 to 1973, all incl.
200,000 police stations improve¬
ment bonds, for $22,000 as 3s,
maturing on June 15, from
1949 to
1952; $74,000 as 23/4s,
on
June 15, from
1953 to 1962; $22,000 as 3s,
maturing on June 15, from
1963 to 1967, and $30,000 as
maturing
:
Offering
—
Mildred
,1971—were
purchased
2&s, maturing from 1954 to 1963
inclusive.
Dated
June
Texas}
Beaumont, Texas
Bond Sale—The
on
$1,525,000 bonds
June 8—v. 167, p. 2412
1948.
The next highest bidder was the
First National
Bank, Memphis;
Securities
Ffashville
1,
Co.,
Chicago; Central Investment Co.,
of Dallas; Dempsey & Co., of Chi¬
cago; Otis & Co., of Cleveland;
Nash- Provident Savings Bank & Trust
~~~
DIVIDEND NOTICE
AMERICAN'
MANUFACTURING
Noble
and
West
Brooklyn 22.
The
Board
.Manufacturing
dend of 25c
of
Directors
of
the
American
has declared a divi¬
share on tire Common Stcck,
Company
per
payable July I.
COMPANY
Streets
New York
1948 to Stockholders of Record
at the close of busing June
18.
1948.
Transfer
•books will remain open.
ROBERT B.
BROWN,
Treasurer.
Co., of Cincinnati; Roosevelt &
Cross, of New York; Julien Col¬
lins & Co., Kebbon, McCormick &
Co., both of Chicago; Lyons &
Shafto, of Boston; Breed & Harri¬
son; Weil, Roth & Irving Co., both
of Cincinnati; Barret Fitch & Co.,
of Kansas City; Boettcher & Co.,
of Denver; Ketcham & Nongard,
purchased by Scott, Hor¬
Mason, of Lynchburg, as
M.
Buckhannon, W. Va.
Voted — At an election
par,
.
Bonds
held
Invited
Tenders
Bond
Beloit, Wis.
Bond Sale—The
of.
on
the Northern
Chicago, as lVis,
by
100.1755,
from 1949 to 1958, incl.
The
highest bidder was Harris,.
Hall & Co., for iy4s, at 100.175.
next
Due
serially
of
on
Aug. 1, from 1949 to 1972 incl.
buildings of 1948
bonds. Due serially on Aug. 1,
\
110,000 public
from
14,
June
on
1949 to 1971 incl.
—
:
for
the
purchase
bonds,
of
and
tenders made at less than
par and accrued interest will be
considered. The city contemplates
only
accepting the lowest offers made
starting with the lowest priced
bonds, but reserves the right to
reject any or all tenders.
Sonora
Indep.
bonds
school
1949
to
Roe & Co., all of San
follows: $106,000 as
July
on
1/ from
City
ceive
June
F.
—
bids
until
2
from
Due $10,000 on
to 1965 incl.
one rate of inter¬
1951
est in
Bank of New York, at the
option of the holder. Bidders to
name the rate or rates of interest
must be for all of
not
on
named.
than
more
each
The
two
series
bonds
are
interest
may
be
offered
subject to the approval of the
Attorney-General
of the State,
-
and of
Wood, King & Dawson, of
multiple of V\ of 1%. Bids
the bonds. Prin¬
cipal and interest payable at the
City Treasurer's office. They will
be engraved under the supervision
of and authenticated as to genu¬
First National
Bank, of Boston, and their legality
will
be
approved
by
Storey,
Thorndike, Palmer &, Dodge, of
Boston, whose opinion will be fur¬
ineness
by
for
and accrued interest
The bonds are-
of the Town. The
furnish
purchaser shall!
bonds at his;
the printed
A certified check
payable to the Town:
Treasurer, is required.
own
for
expense. :
$1,000
''■/:''
wyoming
'
Lusk, Wyo.
Bonds
Voted—At
;
an
election!
voters approvedf
$40,000 sewer ex-^
held recently the
v
1
-
Vy
l/f: C A N A D JlSf
Canada
Treasury
(Dominion of)
Bills
Sold—An issue*
$75,000,000 treasury bills wassold on June 10, at an average*
of
yield of 0.412%. Dated
1948. Due Sept. 10, 1948.
the
June 11,.
saskatchewan
p.m.
June 16 for the pur¬
$150,000 coupon airport
Dated June 1, 1948.
De¬
a
all of the bonds or
less than par
on
Bidder to name
rates
less than
!
Regina, Sask.
Debentures Publicly Offered—
of
1,
in
re¬
(F-A) payable at the City Treas¬
office or at the National
and
multiples of.y4 of 1 %/
and no bid shall specify more tharc
one rate
of interest.. No bid for
be
tension bonds.
Treasurer, will
sealed
(DST)
chase
of interest,
Rate
inclusive.
1958
to
is
Vt.
Edward
Offering
Bond
Due
1949 to
from
1,
May
on
the issuance of
(P. O.
County
Rankin), Texas
Lynch,
$3,000
and $369,000 as 3s,
Offering—It
Bond
Dated May 1*
Denomination $1,000.
1948.
on
(
2Vz% in¬
exceed
to
not
terest road bonds.
$475,000
as
1958,
$30,000
Texas being issued subject to the ap¬
proving opinion of Chapman 8c
was purchased
re¬ Cutler of Chicago, which opiniom
syndicate composed will be furnished at the expense:
maturing
2V2s,
bids until 2 p.m.
June
on
Wilson,.
will receive^ sealed
(CST)
15 for the purchase of
Clerk,
oral
and
will be considered.
cently by a
of Rauscher, Pierce & Co.; Dewar,
Robertson
&
Pancoast; Russ &
Co.; and
Antonio,
Pembine, Wis.
Offering—Hazel
Bond
Town
Dist.,
Scmh.
Bond Sale—An issue of
bonds.
multiples of 1/10 or y4 of 1%,
by the Ontario
Association, the onlybidder, as 3s, at par. Dated June
1, 1948. Due $500 on June 1, frora
1952 to 1959, incl.
;
It is
bonds,
of refunding
urer's
in
water
June 2.
on
purchased
were
nomination $1,000.
City
offered
bonds
«Cemetery
May 1, 1941. Funds in the
amount of $10,000 are available
Aug. 1, 1948. Denomina¬
tion $1,000. Principal and interest
-Dated
Ontario, Wis.
Sale—The $4,000
Bond
works
dated
Burlington,
improvement
street
bonds.
basis of 1.218%. Dated
a
1,
retary, that the city will receive
sealed tenders until 5 p.m. (CST)
from 1949 to 1972 incl.
1948
Trust Co., of
at a price of
July 1, 1948. Due serially on July
-
200,000
$200,000 school
building bonds offered on June T
—v. 167, p. 2412—were purchased
by H. E. Hager, City Sec¬
stated
Upton
serially
ap¬
wisconsin
reported
4hat sealed bids will be received
Aug. 1, from 1949 to 1972 incl.
on
June 17 for the purchase of
340,000 school, series F bonds.
$255,000 various bonds. These are
Due serially on Aug. 1, from
the bonds authorized at the elec¬
1949 to 1972 incl.
tion held on April 10.
250,000
fire
department
1948
bonds. Due serially on Aug. 1,
vermont
Due
bonds.
voters
bonds.
interest coupon
works system
water
the
1
Mercedes, Texas
bonds divided as follows:
1948
June
on
proved the issuance of $75,000 fire
department
station construction
net
a
July 1, from 1959
missioners,
will
receive
sealed
to 1973, all incl.
Dated July 1,
bids until 10 a.m. (CST) on June
1948.
Approved as to legality by
24 for the purchase of $1,450,000
Gibson & Gibson, of Austin.
$550,000
&
ner
& Co.;
maturing
not to exceed 4%
June 4—v. 167, p. 2308
on
—were
Houston;
interest cost of
2.469%, as follows: $350,000 as 4s,
maturing on Jan. 10, from 1949 to
1953; $1,130,000 as 2y4s, maturing
on Jan. 10, from 1954 to 1964, ana
$1,820,000 as 2 y2s, maturing on
Jan. 10, from 1965 to 1978, all incl.
Dated July 10, 1948.
The next
highest bidder was the National
City Bank, New York; Braun,
Bosworth & Co., Inc.; Harris, Hal.
& Co.; First Southwest Co., Dal¬
las; Underwood & Heuhaus; Trust
Co. of Georgia, Atlanta; Donald
MacKinnon & Co.; City National
Bank & Trust Co., Kansas City;
Kebbon, McCormick & Co.; First
Cleveland Corp., Cleveland; Lyons
&
Shafto;
Westheimer & Co.;
Thomas & Co.; Breed & Harrison,
and Soden, Zahner & Co., jointly,
for $280,000 as 5V2s, $1,070,000 as
2V4s, and $1,950,000 as 2y2s, at
100.021.
y.
of
Oser, Secretary of Board of Com¬
•
purchased by a syndicate
composed of John Nuveen & Co.,
improvement, series of 1948 bonds
offered
Fridley & Hess
G. C. Haas i
Co., of New York, and Rowles,
Winston Co., of Dallas, at a price
of
both
as
to
1963
White
B.
3s, maturing from
1967, and $147,000 as
maturing on June 15.
$112,000
;
—were
p.
•
for
Bond
$1,000,000 school bonds, for $441,000 as 2%s, maturing on April
July 1, from 1949 to 1968 incl.
bonds offered
June
on
j
Mer¬ 2.30s, at a price of 100.301, a basis
of 2.27%. Dated June 1, 1948. Due
rill
Lynch,
Pierce,
Fenner &
serially on June 1, from 1949 to
Beane; Hemphill, Noyes & Co., all
1968 inclusive.
The next highest
of New York; Schoellkopf, Hutton
bidder was R. S. Dickson & Co.;
& Pomeroy, of Buffalo; Commerce
Union Bank, of Nashville; Camp¬ Mason-Hagen, Inc., and Strader,
Taylor & Co., jointly, for 2.40s,
bell, Philps & Co., of New York;
at 100.48.
Rauscher, Pierce & Co., of Dallas:
Hess & Co., of Philadelphia; Chas.
west virginia
500,000 street improvem't bonds,
follows:
system bonds offered on June 1
were
purchased by the AllisonWilliams
Co.,: of
Minneapolis.
Dated July 1, 4948.
Due serially
...
maturing
1968 to
will be con¬
Webber, Jackson & Curtis;
,,
,
south dakota
on
2%s,
from
Texas
$3,300,000 road
167,
June 8—v.
on
p.
2308—were purchased by a
syndicate
composed of Phelps,
Fenn & Co.; Glore, Forgan & Co.;
R. W. Pressprich & Co.; Paine,
on
1,
1948..
Denomination V.
2%s, maturing from 1968 to
Due on April 1, as fol¬
1973, all incl.
lows:
$35,000 in 1956 and 1957;
100,000 fire stations improvement
$40,000 from 1958 to 1961, and
bonds, for $11,000 as 3s, ma¬
$45,000 from 1962 to 1967, all in¬
turing on June 15, from 1949
clusive.
Principal
and
interest
to 1952; $37,000 as 2%s, ma¬
payable at the Central Hanover
turing from 1953 to 1962; $22,Bank & Trust Co., New York City.
000 as 3s, maturing on June
Interest rate bid must be in mul-"
15, from 1963 to 1967, and
tiples of y4 of 1%, and not more
$30,000 as 23/4s, maturing from
than three rates of interest may
1968 to 1973, all incl.
be specified and there shall be no
75,000 library improvement
more than one rate for any single
bonds, for $7,000 as 3s, matur¬
maturity.
The bonds are being
ing on June 15, from 1949 to
issued subject to the approving
1952; $28,000 as 2%s, matur¬
opinion of Chapman & Cutler, of
ing on June 15, from 1953 to
Chicago, which opinion together
1962; $16,000 as 3s, maturing
with the completed bonds will be
on June 15, from 1963 to 1967,
furnished the successful bidder at
and $24,000 as 23/4s, maturing
the expense of the City.
A cer¬
on
June
15, from 1968 to
tified check for $10,000 payable to
: 1973, all incl.
,
v
the City Treasurer, is required.
All of said bonds maturing after
Weakley County (P. O. Dresden), June
15, 1963, will be optional for
Tenn.
;[■>■'
•
redemption prior to maturity on
Bond Sale—The $1,600,000 bonds
June 15, 1963, and on any interest
offered on June 2—v. 167, p. 2308
payment date thereafter. The next
—were purchased by a syndicate
highest bidder was Halsey, Stuart
composed of the Equitable Securi¬
& Co., Blair & Co., Inc., R. W.
ties Corp., John Nuveen & Co., of
Pressprich & Co., Paine, Webber,
Chicago;
Mercantile - Commerce
Jackson & Curtis, A. G. Becker &
Bank & Trust Co., of St. Louis;
Co., C. F. Childs & Co., First o£
Provident Savings Bank & Trust
Michigan
Corp.,
Dallas
Union
Co., of Cincinnati; Union Planters
Trust Co., Dallas, Fox, Reusch &
National Bank, of Memphis; Breed
Co., Underwood, Neuhaus & Co.,
& Harrison, of Cincinnati; Temple
Detmer & Co., Dittmar & Co., and
Securities Corp., Webster & Gib¬
Rowles, Winston Co., jointly for
son, both of Nashville; McDonald$808,000 as 2V2s, and $717,000 as
Moore & Co., of Detroit; and Jack
3s, at 100.4136.
M. Bass & Co., of Nashville, at
G al vest on, T exas
par, a net interest cost of 2.7105%.
as
Bond
maturing
$1,000.
Middletown, R. I.
enue
for $73,000 as 3s,
June 15, from
1949 to 1952; $240,000 as 23/4s,
maturing on June 15, from
1953 to 1962; $144,000 as 3s,
maturing on June 15, from
1963 to 1967, and $193,000 as
ment bonds,
.
of delivery
date
Lunenburg County (P. O.
Victoria), Va.
Bond Sale—The $600,000 school
Galveston),
Bond Sale—The
bonds offered
bank,
No interest
1.
virginia
.Galveston County (P. O.
improve¬
sewer
April
rhode island
Bond
storm
$650,000
July
sidered.
amount bid, payable to
city, is required.
the
Co., of Dallas, at a
price of
100.09254, *a net interest cost of
2.8144%, as follows:
^
<
about
or
to
A certified check for 2%
all bids.
of the par
without
purchaser
livered at the above named
on
the right to reject any or
serves
the
charge. No telephone bids will be
accepted. The bonds will be de¬
.
A
syndicate composed of
the Do¬
Corp.;
Millsr
Bell, Gouihlock &
Co.; James Richardson & Sons, of
Winnipeg,
and
Houston,
Willoughby & Co., of Regina, are of¬
minion
Securities
Spence & Co.;
fering for public subscription
following debentures:
the
,
$1,676,000 City debentures. Dated
June 30, 1947.
Due on June
30, from 1949 to 1972, incl.
City debentures. Dated
1947. Due on Dec. 31,
from 1949 to 1972, incl.
291,000
Dec. 31,
@FedFRASER