Full text of Commercial and Financial Chronicle : June 2, 1947 : General Corporation and Investment News, Vol. 165, No. 4599

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MONDAY

(M,

fp

cl

an

Financial

Chronicle

Reg. U. S.

.Volume

165

Number 4599

New

Pat. Office

York, N. Y., Monday, June 2, 1947

Price 75 Cents

Copy

a

General Corporation and Investment News
PUBLIC UTILITY

(A. S.) Abell Co., Baltimore, Md«—Calls Bonds—
All

of

outstanding

first

mortgage gold bonds, dated Jan. 1,
1910, have been called for redemption on
July 1, next, at 100 and
interest. Payment will be made at the Safe
Deposit & Trust Co. of
Baltimore, trustee, 13 South Street, Baltimore 2, Md.
Immediate payment will be made
upon presentation and surrender
4

of

said

bonds.

.

Alabama Power Co.—New Power Plant—
This

of

plant
was

has received

company

mittee

the

at

Gadsden,

the

on

Office

of

the

Ala.,

basis of

at

approval

Housing

estimated

an

essential

an

the

of

to

cost

of

Review

construct

Com¬

a

$555,000.

2661.

p.

Brooks,

Potter,

to

of

represent

lieonard

Choate,
the

represent

George Estin of
the
P.

Hall

prior

Brookline,

series

A

Mass.,

preferred

Ayers.—V.

165,

&

Stewart,

preferred

has

has

elected

a

stock.

been

stock.

to

succeeds

the
the

board
late

to

Gen.

1717.

p.

at

of $1

par

representing

96%

outstanding common
to ratify a proposal to

shares

for

C.

one,

After

J.

the

outstanding,
outstanding
preferred
this

50

cents

par

Rodman, President, stated.
split, the company will have

with

42,400

shares

convertible

holders

stock

of

reserved

from 150,000 shares
by splitting the stock two
—

257,596

for

g|the 8,480

shares.
If
and
wheiPhndividual
shares
they will be entHTStl-, after

their

split, to receive five shares

of

for

common

ehare.

change

holder

in

will

the

Rodman

>u7-,'

not

assets,

relative

earnings,

said.—V,

165,

tr

voting

each

interest
of

power

preferred

and

Buslines,
Corp.

the

offering

of

exps.

to

Fed.

June

on

tax

2

and

has

proposed

prior

the

creation

value

$100,
effectiveness of

,

par

of

a

prior

to

the

Loss

before

Federal

Federal

income

for

the

Net

12.158,242
691,067

miles

Revenue

passenger

$650,731

therefrom

285,066

250,497

$5,293,636

taxes

resulting

from

of

ton

a

new

effective

The

new

with

the

Airfreight
July

15,

Airfreight

over

rate

new

rate

present

rate

F.

D.

structure

tariffs

Civil

North

American

Months

be,

the

on

26.5

Miller,
the

Assistant

Van

selling,

the

cents

sales,

a

25%

ton

per

because

mile.

American

economical

more

is

four-

165, p. 2406.

been

elected

director.—V.

a

has been

Orman

designated

per

administrative

1946

4,620,428
53,974
126,000

exps.,

etc.

$2,730,793
3,251,588
Cr218,000

income

on

54,901

$213,800
$0 31

share

company

additional
Canadian

Dr$357,696
Nil

3137.

American Brake Shoe Co.—New
Kempton

Dunn

since

has

1932.

duties

been

elected

Appointed

of

Assistant

subsidiaries

in

Secretary-Treasurer

1946.
of

Secretary, Etc.—

Secretary.

Treasurer

Secretary
With

the

in

of

his

He

has

1942,
the

new

been

he

with

the

assumed

Other

int.

of

Divs.

company

appointment

and
he

have

named

been

Assistant

Vice-President.

a

elected

Secretaries;

Secretary,

and

O.

Eugene

on

Co.

in

Orman

November,

Mr.

557,455

28,940,092
6,608,762

33,301,006

548,983

24,936

24,940

299,233

46,332

38,750

429,993

has

1942,

6,760,640
627,917
299,281
330,851

...

7,793,851

stocks

254,494

254,494

3,053,933

3,053,933

stocks

1,722,622
2,153,545

1,781,862
946,808

18,548,170
15,201,680

14,434,531
10,349,650

I.

—

"

«in—

net

income

'

'"I

-n, I

I

,1

of

•

s,

consolidated.

♦430,922

835,053

subs,

Inc.

omitted

of

above.*

Amer..

Electric

Gas

Co.:

subs,
sub.

*

E. Scott Hale

Gen.

Roy Carlson
M.
Cook
as

Fed.

Int.

tax.

2,221,117

.'

16,015,289

11,163,37*

1,663
3,962

251,884
29,266

1,119,950

1,989,986

19,513,233

16,643,282

*

inc.

inc.

1,014,996

of

2,305

-

-

51,910,'.

&

subs.

1,792,500
44,265

29,633

364,128

39,333

43,059

561,905

965,014

121,970

46,097

822,678

648,295

60,017

140,767

993,059

1,689,209

1,526,914

1,730,428

16,771,460

13,018,^30

taxes

pfd.

on

218.160)

exp., net—
deduct.

&

& misc.

inc.

,

!■

__

as

co.

1
4,084,880
h -•„*

&

consol.

net

JO

.

sold'

parent

Drl29,697

r

!

,

'

April 30, 1946
Other income
Total

3,34d,489

134,310

American Gas & Electric Co.—
Undis. net inc. (as above)
*430,922
Undis.
net
income
of

*

j,

3,346,489

835,053

*

26611

stock

322,233

been

and

is

Secretary

of

that

Bal.

earn.

stock

com.

♦Deficit.

New President, Etc.:—

company.

Carlson has been with The American
since 1926 and was Manager
of the Automobile
Department which duties he will continue. Mr. Cook
American Insurance Co. in 1930.—V.
164, p. 3281.

In

Geo.

has

N.

Tidd,

been

who

elected

has

been

Chairman

of

President
the

board

of

the

company since 1923,
Chairman of the execu¬

and

tive

committee,
and Philip
Sporn,
who
Fresideno, has been elected President.—V.

This

The statement of

Issue

1947,

has

Stock and Bond

Quotations

Stock

New

York

Stock

New York

Baltimore

Exchange
Exchange

(Stocks)

(Bonds)

Curb Exchange
Stock Exchange

Boston Stock

been

Executive

Vice-

13

33

Chicago Stock Exchange

Int.

Operating

35
35

MARCH

31

1945

$95,369

10,312

22,145

5,547

2,071

$68,122

$100,916

$109,636

66,080

44,502

43,464

35,972

—

banks.

to

1944

$107,565

3,342

of

Montreal

Curb

sales

of

over

expenses.

giving

securities

compared

with

$49,897

effect
for

to

the

$2,434,632

quarter of

1947

$57,453
The

net

amounted

$73,664
profit from
to

$351,746,

1946.

SHEET,

MARCH

31,

1947

ASSETS—Cash

in banks, $592,885; accounts receivable
for securities
delivered,
$120,103;
accounts
and
dividends
receivable.

sold—

$77,986; general market securities, at market quotations
(""erage cost
$4,189,777), $5,143,535; investments in securities of subsidiary
compa¬
nies, $19,833,433; investments in securities of associated
companies,
$5,963,804; total, $31,731,746.

37
38

Exchange

38

Toronto Stock Exchange
Toronto Stock Exchange—Curb Section

41

Over-the-Counter Markets

42

Transactions New York Stock
Exchange
Transactions New York Curb
Exchange
Stock and Bond
Averages

39

24

24

not

LIABILITIES—Accounts payable for securities purchased—not re¬
ceived, $63,271; accounts payable, accrued expenses and taxes, $74,148;
reserve
for Federal income
taxes, $39,833; reserve for contingencies,
$62,215;
capital
stock,
$775,652;
capital
surplus,
$25,369,537;
net
realized
gain
on
investments,
$634,729;
undistributed
net
income
(deficit),
$58,915;
unrealized
appreciation
(net), $4,768,276;
total,
$31,731,746.—V. 165, p. 2406.

__24

American

Hydraulics,

portion of 50,000 shares of
in

$5.50

Sinking Fund

The

stock

the

first

was

ratio

of

one

share.

per

offered

to

common
present

share

new

Rights

Wis.—Stock

for

each

shares

Authorized
stock

♦Before

giving

($1

par)

effect

PURPOSE—Proceeds

of

(1)

To the

designed
of

—44

five

now

held

at

CAPITALIZATION
Common

44

--44

subscription

15.

43

--44

stock (par $1).

stockholders for

May

expired

44

:

Sheboygan,

Inc.,

Offered—Heronymus & Co., Sheboygan, Wis. and Lon
L. Grier & Co., Milwaukee, Wis., are offering at $5.50
per share, to residents of Wisconsin, the unsubscribed

Miscellaneous Features

Statement

in

BALANCE

$20,278

security transactions.

first

36

Stock Exchange
Stock Exchange

Montreal

inc.

operating

36

_________

1-573

expenses

tExcess

__36

Federal Reserve Banks
Condition Statement of Member Banks of
Federal Reserve System

NEW YORK 4, N. Y.

ENDED

1946

$45,977

$120,777

35

San Francisco

Condition

QUARTER

$110,465

bonds

on

paid

tWithout

Foreign Exchange Rates

company

STATEMENT

income

Interest

34

The Course of Bank
Clearings
Dividends Declared and Payable..

Established 1922

Bell Teletype: NY

earned

Total

34

!

Stock Exchange
Stock Exchange
Stock Exchange

and

equivalent to $127.30 per preferred
Comparable figures for Dec. 31,
share and $3.74 per common share.

share.

preferred

24

its

be¬

date

common

per

stocks

on

2661.

33

Cincinnati Stock Exchange
Cleveland Stock Exchange

Louis

per

$120.21

p.

Corp.—Quarterly Report—
that

1947

Dividends

29

Exchange

$3.61

INCOME

Page
York

and
were

165,

corporation for the three months ended March 31,

show net assets at

share

Combined




260,279

2,657,502

deduct..

income

com.

subs,

Divs.
Van

Notices

MUNICIPAL DEPARTMENT

80 BROAD STREET

33,040,726

469,981

debt

and

pfd.

Undis.

,

Redemption Calls

i

Municipal Bonds

Telephone: HAnover 2-2600

28,470,111

26,954

elec.

net

on

Divs.

General Corporation & Investment
News-Cover
State and City Bond Offerings
51

FLORIDA & NEW JERSEY

&

2,630,548

35,667

Balance

the

company.

SPECIALIST IN

callen

2,561,702

plant
adjustments..

acquis,

Vice-President and Counsel
of Bankers
Indemnity Insurance Co. in which position he continues.
Mr. Hale was
formerly Assistant Secretary in charge of losses of
the American
Group. Wayne Van Orman joined the Bankers
Indemnity

St.
1947

_

common

p.

p.

Personnel

Treasurer.

Pittsburgh

_

164,

of

From

165,

—

...

Profit

funded

on

From

Philadelphia

$5,014,202

taxes

10,051,298

Spec. chgs. for debt ret.

v\.

Detroit Stock Exchange.
Los Angeles Stock Exchange..

Corp.—New President, Etc.—

31—

Depreciation
Federal

in

Corp.—Earnings—•

Ended March

Provision for

Board

average,

cents

sales

sales,

Orman

Van

1941 Francis

$447,649

>

Rayon Corp. below—V.

American Bosch

Int.

1946,

averaging 20
director of cargo

average

is

American Bemberg

10,861,207

...

income

Amortiz.

*

520,000

structure

will

which

Aeronautics

Miller,

1,405,082

860,182

...

income

Gross

undis.

New

possible, according to
replacing its DC-3
Airfreighters with
engine DC-4S.—V. 165, p. 2793.

of

Francis

13,391,981
289,931,402 231,101,708

flown

announced.
reduction

has

$967,649

$3,073,636
14,809,513

flown

June

mile

Brownlee

loss

2,220,000

file

Crl2,957

2,597,370

income

American General

income

will

tax.

34,128

To Reduce Rates—
corporation

165,.

f'S

32,292

17,274

miles

Other

$

938,110

Operating

.

cumu¬

joined The

period—.

Revenue

middle

F.

163,163

peace¬

loss

The

James

been

154,584

credit

tax

of

offering..—V.

American Express Co.—New Director—

Wayne

$4,836,711
to

result,

issue

new

subject to stockholders' approval
a
registration statement.

»'2661-

and

2,324,677

..

transition

credit

1,165,700
1,163,279

Fed. income taxes
Fed. excess profits

Buslines

The company proposes to
offer the holders of its common stock
of record at the close of business on
June 10,
1947, the right to sub¬
scribe to one share of such new
cumulative preferred stock for each
seven
shares of common stock held.
Subscription rights will expire
on June
25, 1947.
The dividend rate and other
provisions of the pre¬
ferred stock to be offered for
subscription and the subscription price
will not be
determined until a date

has

representing amount equiva¬

inc.

864,273

Depreciation

$

9,480,036 120,465,261 113,425,376
3,043,813
45,741,962
38,100,248
668,093
9,218,539
8,485,374
1,114,162
13,662,857
13,141,322
1,176,193
12,510,583
9,201,323

4,289,725

____________

1947—12 Mos.—1946

$

Maintenance

Un¬

stockholders

company

Insurance
of

Takes

American

Changes—

1946

18,215,974
of property & equipt.

loss—

estim.

operations

Electric

&

$

10,982,790

Other taxes

Inc.—Chicago Corp.

underwrote

lative preferred stock,

848,183

Interest charges (net)
Other deductions —j—

comes

Works

American Insurance Co., Newark, N. J.

$15,703,940 $12,198,578

of

time

.■

Water

of 41,655 shares of common stock
and 10,413
of preferred stock.
A portion of both classes
was
subscribed
the stockholders and The Chicago Corp. has
paid for and taken
up the unsubscribed balance,
consisting of 25,421% shares of common
stock and 7,631 shares of
preferred stock.—V. 165, p. 2129.
,
*

307,314

expenses

operating

Portion

—V.

American

shares

Since

Operating

Earned

its

573,858

—

Prov. for obsol. & deprec.

3

to

1,562,533

Total

lent

share*
company,"

$13,023,586 $10,613,374

freight

Other

Cost

of

revenue

Operation

Shares—

Chicago

810,506

Express

Net

subscribed

any

the

1947

Mail

See

director

a

Operating

(& Subs.)—Earnings—

1947—Month—1946

____*-

3 Months Ended March 31—

The

American

Sub.)—Earnings—

Operating revenues—Passenger

Net

of

2406.

p.

American Airlines, Inc. (&

per

also

is

,

"The

Mr.

shares

common

conversion

preferred

convert

Schurman

The

the

special meeting on May 15 voted
Increase the number of authorized
common
shares

American Gas & Electric Co.
Period End. March 31—
Subsidiaries Consolidated:

Res.

a

to 300,000

active

,

than

more

from

American Cyanamid
Co.—Rights to Expire June 25—

AllianceWare, Inc.—Split-Up of Stock Voted—
Shareholders
stock

retires

the

for by

named

He

with

Co., Inc., and other corporations.—V. 165, p. 2661.

Inc.

been

Associated

the

The

Alleghany Corp.—New Directors Elected—
director

1.

MISCELLANEOUS

-

power

Approval

community facility.—V. 165,

McCall, Vice-President and Secretary,

June

on

INSURANCE

-

company since 1910, he has
positions of Treasurer, Secretary and
Vice-President.
Cyrus E. Brush has been elected an Assistant
Secretary of the
company to serve with Samuel S. Drury, Jr., also an
Assistant Sec¬
retary. Mr. Brush has been serving with Brake Shoe as an
attorney
since his return from service with the U. S.
Navy.
George M. Schurman, President and Treasurer of the
National Bag
Corp. since 1930, has 'been elected a director of this
corporation.
held

Mr.

Facilities

Expediter

T.

Sumner
service

the

INDUSTRIAL

-

'

-

I

RAILROAD

these

ance

of

extent

chucking
machines
the

funds

HISTORY &

of

to

Outstanding

$300,000

present

from

the

*$250,000

offering.

sale

of

the

new

stock

will

be

used;

approximately $100,000 to pay for new specially
It is anticipated that the acquisition

machines.
will
will

materially
be

used

to

enhance
increase

production; <2)
working capital.

Tne

bal¬

BUSINESS—Company was incorporated in Wisconsin in
1915, originally under the name of Modern Grinder Co.
In
1940,
it purchased
all of the stock of Luther Grinder & Tool Co. and

•

THE

COMMERCIAL & FINANCIAL

Monday, June 2, 1947

CHRONICLE

(2922)

2

Hydraulics, Inc., and in March, 1941, changed its name
to American Hydraulics Inc.
Company manufactures.' hydraulic jacks
»nd grinders
Current dollar sales are apportioned approximately as
follows:
Hydraulic jacks, including hydraulic power units (65%),
grinders (30 ''u ) and repair parts, etc. (5%),
Company's plant is located at Sheboygan, Wis." during 1945,
company purchased for $80,000
the building which it now
and had previously leased.
It is estimated that this building, a

American

lighted factory
would cost

well

ern,

floor

space

fodav

1

the
occupies
modapproximately 50,000 sq. ft of
the above figure to reproduce

containing

three times

••
CALENDAR YEARS

-

:

EARNINGS FOR

1044."""""

i oWvm
.; " '

"

1Q4K

~~~

„

,

_

Qtnolr fnr Pm-

TiUnAio

»

r,

,

.

Illinois—btocK for Em

Investment Co. of

American

0.45
•

113,388

„9Rr

V. 165, p. 2- 5.

capital shares.

250,000

*On

32 295
106 478
202 188
,J...

$0,074
0.056
0.025
0.074

$18,395
14,051
6,375
18,478

72*149

fi74 077
901 127

104S

*Per Share

After Taxes

Before Taxes
$64 908

Net Sal"S
$888 635
930 990

Yenr

1943

Earned

Net

Net

3Q42

"

real estate of Lincoln Fields Jockey Club and. .on the
tangible personal property used in the operation of the track."
Total assets of American Turf Association on Feb. 28 included
besides $3,990,172 in cash and Government bonds, real estate at cost,
$542,260; unlisted securities, .$2,028; racing p.ant3, (after due from
depreciation) $2,913,267; prepaid expenses, $85,475, and $3,068,036
horsemen and others "(doubtful)," $10,381. This represented a grand
total of $7,543,583.
•
. . . .
Current l abilit.es embraced accounts payable, $65,165;. local taxes
and interest, $21,223; Federal income taxes, $1,095,500; State income
taxes, horsemen's deposits on on stakes, $37,535', and premiums-,
notes
$20,813; $40,275; $569% payable. 1947 financing insurance outstanding
dividend checks,'
. ■ ,
Other liabilities included funds held in trust, old Washington Faik
Corporation, $22,238; outstanding mutual tickets, $215,892; notes payable after old unpaid dividends, advanceaiid leminority Kentucky-Dai by,
one • year, $28,5C0; $755, sa' s 1947 stockholders, in$347,945;
terest in subsidiaries, $1,565.
The 383,292 shares of surplus, $832,060. •
plus, $22,398, and earned capital stock.totaled $4,791,150; capital sur23, 1946, earned surplus ,vas only $342,496, so this acC0UIlt increaseci $489,564 during the year after payment of $3 a share
or $1,150,038 in

amend the certificate of in150,000 shares of commonincluding^
101Jand enlarge the group to which such
S*TbeSy 'also Approved the proposed employees' retirement plan and
employees trusts, and authorized a pension or retirement compensation
10/two senior officers of the company, if and when each retires.
29 voted to

stockholders on May

issuance of

corporation with respect to the
employees and executives,
and to others, so as to clarify

stock to

66.

165, p.

—V,

,

Annrnvorl jlic.
American Locker Co., inc.
Approved, 'Ftp
The stockholders-at the annual meeting held on May 15 approved 5-for-l split of the class A stock and the class B stock and a
Cinlit TTn
bpiit-op

Tnn

•

a

•

—..

r

covering 16,197 shares
w.tndi'&wn.—V. 164, p. 1583.
and

'be.ii

,

filed with the SEC June 5»
stock (par $5) has

(No. 6476)

statement

registration

The

of

common

Associated Electric Co.—Earnings—
Fcricd End. Mar. 31—

>

.

Total

revenues—,

oner,

Operating

expnres ___
Electricity purchased for

Other

*. 705,023'

888,300
498,417

773,800
454,194

2,131,314
1,669,826

2,752 392
1,608,521

$2,133,548

$2,292,485

$8,106,780

$7,483,262

27,018

159,809

taxes__;

income

taxes

18,223-

(net)

income

, ,

„

178,625
\

,

$3,266,589

$7,661,889

980,764

3,568,666

3,868,579

of

deductions

Income

;
429,432

$2,319,503

$2,151,771

Gross, income

679,583

subsidiary pes.—_

».■

2,820,223:

47,358

v

;

2,862,880

749,854

219.159

Operating inccme
Other

1,175,659
2,167,451

752,127
acquis.

plant

MWrnoiVi

Federal

1,338,464
2,460,291

306,036
496,219

plant

Deprec. cf prep.,
and equipment

of

'

'

excl.

369,391
628,908

Maintenance

Amort,

'

operations of Philippine subs.)
1947r-3 Mcs.—1946
1947—12 Mos.—1946
$8,823,457 $7,751,705 $31,733,785 $29,325 372
3,333,605
2,626,757 12,465,204 10,888,421

subsidiaries but

domestic

(Incl.

Statement

•

"

1946

l,o34,748
$2.52

1—$6.35

Western Gas Co.Registration

Arkansas

$4,115,725

$10,378,808
1,634,748

—

——

shares—
share—
p. 934.
common

Withdrawn—
'

$4,697,923 $3,793,310)
Expenses, taxes & Inc.- |;..
-• < .
deductions of the co." '
735,701
742,327
3,006,556' 3,023,187

outstanding

$1,338,739

$1,472,188

Balance^—.——

the

After

10,340,000

per

165,

—V.

$764,339 $4,720 778 $3,5742,3117
<93,734 42 79
44,263
182,057 - 626,702
'
■_
.
$526,706 $530,664 , $3,744,987 "$2,173,036
299,802
299,802 1,199,208 1,199,203
_

■

of

Earned

resale

Balance for common
...
corresponding reduction in the pat values. .
.
> '
stock and surplus. $226,904 $230,862 $2,545,779 $973,828
split there will be 253,865 shares of $1 par class A stock
Per share on 2,343,105 shares outstdg. (excl. .
>
and 107,480 shares of 20-cent class B stock.
- shares held- in system)——_
$1.03 . $0.41 Hawkrldge has been elected ,a director to represent the . p,pj'wcip>ttt-iarr'fm ttvpoayrir a
/pptv/t-daatv axm crtnctma
stock Archibald DeB. Johnson and Henry T. Vance were
• CONSOLIDATED INCOME ACCOUNT (COMPANY AND SUBSIDIARIES
- Gross earnings
directors to represent the. class B stock.—V. 162, p. 562.
Period End. Mar. 31— $22,424,655Mos.—1946 $48,475,931Mos.'—1946
' 1947—3 $20,174,478 1947—12 $79,458,167
American Machinery Corp.—Co-Transfer Agent—
2per- exp?- &Jnaint-- 10,549,020- 8,804,325 • 40,553,477 .,35,584,908
Taxes, Other than Fed.
■
First National Bank of Jersey City has been appointed co- .
..income . _
1,890,016 1,669,926 6,972,273 6,514,767
.agent for the common stock, 500 par value.—V. 165, p. 1858.
Deprec. retire. & depl._ ~ 1,964,166 1,8^2,642 •.- 7,268,807 . 6^570,6£1
Amort, of prop. acct.
.Vs
•
n
'
American Power & Light Co.—Seeks Sale of lexas
adjustments
174,581 275,717/,. - 791,840v.. 1,004,756
Public Utilities Corp. Ice Properties—
.
,
—^—v—:'' • ■. — "
tho qpp
am prim ri pwer fr
Gr0SS income
application has_been-filed with the SEC: by American Powier &
Federal taxes on income $7,846,872 $7,601,868 t 8,789,436 $29,783,115
2,442,494 2,311,316 $28,839,534' 9,728,597

a

profit

Net

Number
"

Ex~amo?rof"debt $,52 275
*Pe^s etc.....!.. 44,755
Net lncome
preferred dividends

—

all income taxes

for

Frovision

dividends.—v. 156, p. .2187.

Feriod End. Mar. 31—
Ear)llngS__dividenas -

1946
$3,140,725
5,025,000

9

Net

American Water Works & Electric Co., Inc.—Earnings
INCOME ACCOUNT OF COMPANY ALONE
1947—3 Mos.—1946 . 1947—12 Mcs.—1946

y\l ATTApr
The

Archer-Daniels-Midland Cot—Earnings—
Months Ended March|31—
1947
income
$20,718,803

on all the

Leslie D.

A

class

elected

a,ucuv*

.

,

—Earnings— "

Light Co. and Texas

'

rn

iegardinD the following pro,
ice and cold storage facilities in

Reduction resulting from
refinancing •_ -.J
- _
certain
,
B
outstanding securities, consisting of-10,000 .
GroS£j jncome__^_ $5,404,378 $5,290,552
£ ajst Ameri- • Total inc. deductions.. ,3,147,095 3.220,463

, — __ Cri 613 900
iri,pi.j,wju
12,707,573 15,216,973
SE SS1SS
: ^eierrea dividends— -99,802 «»S8 $I'1,?199'2203 $?'?199 22M
rre,erreSCXid™a-s~submitted, namely, that of a group consisting of 20 u-esi299,812 99, 03 1, 99, 03
("Thompson Group"), none of whom is affiliated or
Balance for com etfc
declarants. American has entered into an agreement
sumlus '
' $1 957 481 $1 770 282 191117 **5 2=1? 217
Group whereby American will sell and the ThompNet hie per share "on 51,957,481 51>770'282 S6.lb3.31i $5,2o2,237
purchase the securities of Texas for a cash considera- f
^.
plus $118.50 for each day elapsed from .March 31,
common stock
$0 83
$0
$2
*
date.
Prior to consummation of the proposed '
^common,income for the 12 $0.83 _ ended76March 31, f,4 includes
sjock—rT
$2.64
will
to Amcrica/ii its accurnulB-tGd. c&sh amount-*/ *
The net
months $0.75 representing reduction
1946
1
"
" '
$2,405,512 in respect of special tax adjustment
•American'has
entered into an agreement with Texas under
in Federal taxes, on income due to amortization, on a, shortened basis
assign to American its claims against Electric
to Sept. 29^ 1945, of certain facilities under Necessity 'Certificates
and the lauers picaont or former subsidiary service
issued by'the Federal Government. * Such* reductions are not available
American agrees to reimburse Texas out vr-any proafter 1945. The net income per share for the 12 months ended March
such claims for .all ^mounts subsequently paid by Texas - 31,' 1946 (excluding special tax adjustment) on 2,343,105 shaies of
income or excess profits taxes on account of the
common stock after preferred dividends was $1.21 per share
such claims and all expenses incurred by Texas in con- ,
. ..
"
'>
assigned. American further agrees to inOutput ... / Increase of 29.22%- —
Shows . .
against liability for Federal income or excess profits
pnn,pr
nf fh»
t
*
',
amounts shown therefor on the books ot Texas ' ,,57 ,., ?
,o,7S Ji aSa ol ?f..v.hlS t0TPa"y ^ ,, St
'0r,th„eo^f
31, 1942 to-1946. Inclusive, and that portion .
thf outrai o? 75 422^ on^kwh f^r
and operates

owns

Texas

issued and

All of its

Texas.

Other

$711,000

of

tion

to the closing
t/ifctnedcVioiis, Texas

$631,791

$608,53T
1,459,171

•

$2,067,709 '

profit

Net

;—

225,362

88,236

$1,842,341 "
capital assets

$343,979

.T—.——

principally profit
(fton-recurrlng).—V. 165, p. 1184.
'•Representing

-

23,252

—

—

profit before income taxes
Provision for income taxe3
Gross

will

Group

(net)

profit

..•Other

taxes

$451,241
25,694

$432,216

.

$537,889
93,902

$425,545
6,669

—

expense

1,583,952

$367.!:47
83,693

*

operating profit before income

Net

Thompson

with the

5,505,766

.'

revenue

income

Gross

1946

$5,873,314 $2,121,842

:

(net)—

income

Interest

of Texas
associated, width

son

operating

Net

dents

'

'
1047 .'

-

Operating expenses J

$20,100,098 $21,668,418

bids

of six

Steamship Lines (& Sub.J
••'?

'

Operating, revenues

f

$770,122

$1,691,366

$596,411

•

Quarter End. Mar. 31—

Public Utilities^ Corp.

posed-transactions:

,

,

.

wifh

fiinw

u

v,

a.

„

An

-i

.

_

$736,486'

——

934.

p.

Atlantic Gulf & West Indies

-

•

V

u

,

„

—V.. 165,

The

transfer

income

Net

,-y

from disposition of

'«■»'!

;

1947

*

5

p^y

-

•

•

to $160 556

Atlantic Refining Co. (&

!

which Texas

agrees

to

Bond & Share Co.

companies

,

'

and

Federal

State or

proceeds of

the claims so
demnify Texas
taxes to excess of the
with

nection

;
'

of

It is

165,

—v.

p.

*

lfis n 27Q4

' v%

Taxes

1945—8443,700)

'

Depreciation,

the
was

-

Reriod
Net

End. Mar. 31—

revenues

—

Operating costs
1—
Other operating costs

Net

$160,700, *$898,665
20,853
42,649

$176,459
—

4,144

—■—

$172,314

income
loss

Reserve

55,000

*

—

Net loss

.

.

69,000

'

'

" "

302,000

*$639,315

$208,846

$227,314

♦Profit.

*$941,315

$139,848

for Fed. income

tax

—

■—-——

Loss

Other

j

'

r

.

•

BALANCE

SHEET AS OF

ASSETS—Cash, $678,306; U.
counts
and notes receivable

securities, $4,700; ac(net), $183,985; Inventories, $378,890;
S. Government

deposits, $3,995;
deferred

stock retirement fund, $189,151; contract
(net), $98,750; fixed assets (net), $4,282,853;
«».hflrffP<5
$22 500- total
$5 843 137
$116 572. Federal income
LIABILITIES
Accounts payable, $130,572, PpHprai inronrp
preferred

investments

n«vi,hil'

t,v t»n
tax (accrued),
$289,963; other taxes (accrued), $53,037; preferred stock
(declared value $50), $2,945,400; class A stock (declared value $50
share), $702,250; common stock (par $1), $91,627; surplus, $1,6^30,T

per

288;

total,

$5,843,137.—v. 165, p. 1310.

-

"

■

:

.

Telegraph Co.—Invitation for »
Bids for Purchase of Debentures— - .
Bids for the purchase as" a whole of an issue of $200,000,000 40-year
'
debentures,
due June 1;, 1987, will be received at Room 2315,s 195
Broadway, New York, N. Y., up to 11:30 a.m.
(EDT) on June 3.—
American Telephone

v.

&

,

165, p. 2794.

.

Louisville, Ky.

T»rf Assoclattw.,

-

The

statement

Ann Arbor

GrA0^om

of

of Subsidiary—

operations

for

the

year

1

ended Feb. 28, 1947
a share on 383,292

net profit of $1,639,802, equal to $4.27
shares of $12.50 par value stock outstanding.
a

"A

after
the payment of all expenses and Federal taxes. Lincoln Fields may '
realize from the racing meet to be conducted by it at Hawthorne race
track from May 12 to June 14,- 1947.
, <". ,
'
-"The contract Is in such form as that the unpaid purchase price
will be payable in eight installments of $100,000 each and a final '
installment of $200,000 payable respectively on July 1 of each sue- ■
ceeding year beginning July 1, 1948 until all of the purchase price
«hall have been paid. The deferred purchase price will bear interest-,
*t the rate of 4% per annum and will be secured by a first mortgage
,
Fields Jockey

Club for $1,500,000,




~

lative convertible preferred stock (par $10) was offered!
May 29 at par by Andre de Saint-Phalle & Co., New
York. Proceeds will be used for working capital.—
V. 165, p. 1859.
J- .

i'
1

RR.—Earnings—

ra41way__.

Net from railway.—__
Net ry. oper. income—
From Jan. 1—
Gross from railway^—
Regarding-the sale of Lincoln Fields, M. J. Winn, President, said: ' Net from railway,"—
contract has been entered into with a Chicago group upder
Net ry. oper.a income—
which that group has purchased all of the capital stock of Lincoln
—V. 165, p. 2407.

$4.27. a Share—Sa^e
showed

... A

wh)1e .ho _ . .o.

119,029 '
'36,650
2,533,540
553,699
228,231

48,198
2,019

137,362

' 70^483
2,001,393 1,977,300
250,205' 1 430,291
69,298 213,806

$««647.
111,590'
54,711 .
1 935 853
' '449^438 '<
223 376

credited by whatever net sum;

.

■Antilla Sugar Estates—Partial .Redemption— >
the City of New York, as trustee, will
monies to the redemption by lot 011
Sugar Estates 20-year 6%. irfcome debentures, due July 1, 1951,- and of other such debentures drawn by lot
and held by the National City Bank of New York, depositary. Payment of the unpaid principal and accrued interest will be made at the,
office of the trustee, 11 Broad St., New York, N. Y.—V. 163, p. 1310.
1

The Chase National Bank of

;

.

r

.

underwriting group are:

Equitable Securities

& Weeks;
Rothschild &
Co.; Julien Collins & Co.; First of Michigan Corp.; Free¬
& Co.; The Illinois Co.; The Milwaukee Co.; Kebbon, McCormick & Co.; Mullaney, Ross & Co.; Wm. E.
Pollock & Co. Inc.; Schwabacher & Co.; The First Cleve¬
land Corp.; McMaster Hutchinson Co.; Mason, Moran Sc.
Co.; E. W. & R. C. Miller & Co.; Alfred O'Gara & Co.;

Corp.; Harris, Hall & Co. (Inc.); Hornblower
Otis & Co.; R. W. Pressprich & Co.; L. F.
man

Thomas
The

bids,
were:
'

S. Yantis & Co., Inc.
27 on a bid of 99.309.

& Co.; and F;

issue

awarded

was

May

each naming a 2Va% coupon, were received at
Salomon Bros & Hutzler, 99.219, and Chemical

"

Co., 99.10.
The certificates,

Two other
the sale. TheyBank & Trust

,

anrtualljr

to be dated June 1, 1947, will be due
each June 1,-1948 to 1957, inclusive. To be. issued
the Philadelphia plan.
Unconditionally guaranteed principal and
idends by the B. & Q. IVit.
Issuance and sale subject to
ICC.—V.
165, p. 2794.
'•
$611,000

under

on

div¬
approval of

•

•

(4"

-

Harry
Newman,

Bayuk,
Quigley,
•

(

.

/•

1-,

l!

P. Wurman has been elected
who has been elected Chairman

of the boardi < Samuel •
named Honorary Chairman. John A_
and Morris L. Wurman, General Plant
appointed Vice-Presidents. ,
.
.
•
has been Vice-President and a Director since 1928.—

Chairman, was
General Sales Manager,

former

Manager, were
Mr. Wurman
V.

It

/ rl /
President', succeeding A. Josephr

Inc.—New President, Etc.--

Bayuk Cigars,

165, p. 2407.

.

,

'

•

•.

>•'*:

'

,

'

Corp.—Millard on Board—

Bell Aircraft

•

?' f,

1

'

_V'

,

'

City, a partner in Carl M. Loeh».
Rhoades & Co.,
New York, has been elected a director to succeed!
Robert J. Woods of Grand Island, N. Y.
Mr. Woods, who. will con¬
tinue his association with:, the corporation as a consultant^ designedi
several
of Bell's
Aircraft, including the P-39 (Airacobra). and the?
XP-77, the Army .Air Forces' first all-wood fighter plane.
Julius J. Domonkos has been elected
Vice-President in charge off
Mark

of New1 York

Millard

J.

manufacture

engineering.

and
.

Robert

M.

Stanley as Vice-President

.1

in charge of
-

I

,

Vice-President, Chief Financial Officer and a
director resigned both posts and D. Roy Shoults resigned as VicePresident in, charge of engineering.—V. 165, p. 226^
Charles

apply $91,278 In sinking fund
July 1, 1947, of $2,600 Antilla

'2,520,943
1,662,437
* $0.95 * " SOlOi

stock————
—h__

share of Common stock—
2267.

p.

bers of the

—

_

* '
' '
ft,*™ ^ W
ne^toss for the first quarter of 1946 was $189,787
t)l1
-Le,nf^K a ns lduring the six months ended
JJi"il9R' _h «paT<108.470.- ?pera^tionet retroactivethe second quarter, of
be„g
Feb- 28- 1946 of
However, ass
wage adjustments of
aPProxlmately $210,000 which " applicable to is' -six' niohths'
period have been paid recently.areThis expenditure this not reflected *■' /
in the above figures.—V. 165 p. 1446 expenQUUre ls not reneccea,
- - - .' .
[■
/p. ,,
Anchorage Homes, Inc.,ofWestfield, Mass. —■' _ u- ' . ,
Preferred.
Stock Offered—An issue
29,950 shares of 4V2%'cumu±T

,'

Earns ;

_

13G»
239,800)

•.

RR.—Equip. Trusts Offered—Halseyv
Stuart & Co. Inc. and associates on May 28 offered $6,110,000 2% equipment trust certificates at prices to yieldi
from 1.20% to 2.25% according to maturity. Other mem¬

4,000

Mpf nrnfi. fnr na..

165,

162
243,625

Baltimore & Ohio

6 Months Ended Feb. 2&—
.. ,
1947, , '1. 1946
Gross profit after deducting cost of products
'
sold, incl. material, labor, and factory exp.,
1
but before deducting deprec,, repairs & taxes $2,025,057 ' $837,845 .
Depreciation.^
- ^
1 _• > --212,872 - 221D08
Repairs
625 388
173 902
- *$773,819
Prop., Fed. & State taxes not based on income
105 201 - 109J88
61,4.98 | Administrative and selling expenses
-*i 330J62 243 299
*$835,018
Profit from operations^
_
$751 434 *$109 852
••
Other income ________ __r_~
in*
2 556
294,000"
Net profit
*
$75? 76s*'"' *16107 206
*$541,018 ; Provision-for income taxes
ZIIIIIIIL 361,170 ______ .
■ J
Other pront for period- —
deductions
1 L™ $176 612 *$ioft47fl
14,936
1,174
wet

MARCH 31, 1947

applicable to common

•Balance

—V.

.

:—r.

•

*

$2,208,504:
' 306,137

$3,033,515
" 268,785

—

applicable to minority interests
preferred stocks

Earned per

Earnings— ,
1947—3 Mos.—1946 - 1947—^12 Mos.—1946 •
$661,752 " $530,369 $4,437,998 $3,716,326
447,904
>318,847- ' 1,940,135 1,436,301
390,307
372,221
1,599,197 ——————— .
1,506,205

Service Co.

interest charges

before

Dividends, on

the principle of
average-size homes. This
in a combustion chamber no

American

—

charges

Interest
Income

one-third of the
Jet-Heet Furnace win be
announced by Jet-Heet,

About

(net)—

Non-cperating, income
Income

$2,751,982 $2,048,115
281,533
160,391

income—

operating

Net

96,620>
1,515,311
846,382
2,503,692

106,540

2,100,561
957,767
2,845,418

reserves

Intangible development costs
Depletion, lease amortlz. and

•

*

i

abandonmentsretirem'ts and other amortization

miscellaneous

and

Insurance

•

Calendar Years—

2661.

American

„

L_v

sale of the
Texas In

last day of the month preceding the
further agreed that American may include
consolidated income tax return up to the date last above
the

ended

1947

securities.
9,

Costs,

75,422,000• . kwh. for the corresponding week of 1946. .
*
>
mentioned. :
o
American Wheelabrator & "t> • ■ Corp.—Earns.— -l
Equipment 1946 : 1945 .
Research & Development Corp.—Acquisition^ Net earnings _______
*$931,760 $434,738 capital required for initial production of
EarJielr
iihareS"""r"~——
17L9q? 17i$2.49 T
o9^n
provided by the above corporation,- it „ •c'ailieu yer
—
* $4.81
Inc., manufacturers. The furnace uses *•
After provision for possible future inventory decline of $50,000;—
the.jet-propulsion"engine to provide low-cost heat for
V. 164, p. 2682.
"
-• .
principle enables it to burn fuel oil or gas
bigger than a tomato can.—V. 165, p. 1582. ;
American Window Glass Co. Earnings
" ' C
(Including wholly owned subsidiary)
• •' -

ended Dec.

the years

for

.

r

1946.
$49,525,311
40,317,551
■ "
1 >
2,849,399
2,197,645

operating

Gross

from

ceeds

«s

-

Ended March 31—
.
;
1947
income
____!
$71,445,383
operating and general expense*
, 60,033,716
(incl. Federal inc. tax, 1947—$908,700;

3 Months

further

"v

Subs.)—Earnings'—

L.. Beard,

Bethany
—B. C.

fered

Hospital, Kansas City, Kan.—Bonds Offered
Co., West Bend, Wis., on May 20 of¬

Ziegler

$200,000 first refunding

mortgage

(2^%-3^4%)

t'

Volume -165

•

Number 4599

-

TIIE COMMERCIAL &

FINANCIAL CHRONICLE

(2923)
serial

and

sinking fund bonds at prices ranging
101, according to maturity,
v,

100 to

from

California Water

f

SEC—

"

'Dated May 1, 1947; due serially
National Bank of West Bend (Wis.)
West

Bend,

Wis., co-trustee
paying agent. '

Kans.,'
t

1',

Commercial

,

Net

1947—May

1,

First

1962.

SEC

National

Bank,

Kansas

-

.

realized

corporation shall be deposited with
trustee, for the purpose of paying in full and retiring
$185,050 outstanding first mortgage bonds issued by
Bethany Hospital
the

of

May

May

1,

1,

1937.

1947.

The

Interest

and

financing

could

would

deferred

the

holders

new.

bonds,

of

the

the

not

Interest

of

bonds-shall

The

holders

be

bonds.

new

the

the

that

on

the

new

paid

to

be

the

issued,

in

advised

May

matured

the

by

Over

in

residue

An

institution
of

sponsored

the

by the Kansas

Methodist

Church,

of

that

first

National

agent for

Bank

the

since

registration
and

H.

statement

with

Underwriters,
Byllesby & Co. and

M.

will

be

used

/•

of

Bethany

at

in

(N.

J.)

164,

Canada Dry Ginger Ale, Inc.

Cost

of

-

Net

to

registration
and

Baas

stock

been

statement

covering
(par

12,500

$25)

(No.

shares

and

6749)
of

LIABILITIES—Uommon

filed

income
income

50,000 shares

of

SEC

Sept.

convertible
stock

common

(par

Net

©perating-expenses,
etc.,

charges

Estimated

was.

operation

25,

net

>

50c.)

net

1946.—V.. 165,

for

revenue

$5,590,988

compared

2131.

p.

the

three

with

June

30,

ferred
and

for

3,903,396.

$2,023,746

months

$5,212,807

sinking

be

made

the

March

first

$107.50

at

the

New

Like

amounts

company paid
Herman W,

15

'

nounced
and

were

cents

paid

share

per

each

30

31;, last.

quarter

on-the

'

••

1067.

p.

per

'

-

.

*

$6,098,000

$4,975,0(50

/■*

(Including Domestic

-

Net inc.
i

after chgs.

'

■

.*

-

.

■■

.

Inasmuch

Gross-sales
Cost of sales,

1947

at

1946

shares

Earnings

1,381,188

1,381,188

outstdg.-L
share——--

per

1945

-

1944

$1.00

667,251

667,251

$1.33

-

y

:

j,

,

tPrcvision

for

income

31,

amounted

The

L

directors

the

©n
V.

o

accrued

May^23 declared a dividend of 25 cents per share
stock, payable June 12 to holders of record May 29.
12, last, a quarterly distribution of 12(4/cents
per share
which rate was also paid in each quarter
during 1946.—

rnaae,

163, p. 1153.

—v.; 159,

Penn

Mutual

Hartford,

Conn.

no

Oper.

ENDED

used

to

refund

$300,000

debentures

and

for

DEC.

31,

by

1946

:

Int.
i

Cable Electric Products,
Inc.—Voting Trust Expires—
voting

stock,

value

par

1947,
to

and

•Oity,

N.
of

the

i

In

•

view

receive

voting

in

under

which

deposited

were

the

corporation

to

trust

.

exchange

by

on

May

29,

1947.

shares

terminated,
States

effective

have

been

the

shares

of

accounts

receivable,

on

are

the

stock

already listed

Period End. Mar.
Total

oper.

©per.

revenue
i

.

Ndt
t;;

1947—12 Mos, —1°46

$641,793

$7,837,231

deducts..

$7, 285,932

481,470

436,281

5,472,674

4 591,505

L

-

>.

$205,512'

$2,364,557

,

13,954

355

151,568

14,992

$205,867

$2,516,125

$2,709,419

490,792

565,514

___

deductions

Income

for

Pxov.

.

H,

Federal

income

on
:

•

;':Net

,5

-.

38,563

•

income

48,888

54,370

46,650

'681,075

744,389.

$111,301

$110,329

$1,344,258

$1,399,516

"

taxes

——

'

♦includes'dividends from unconsolidated Mexican
subsidiaries in the'
amounts: Month of March,-1947, $12,403; month of
Mareh,
1946, !none; f12 months ended March 3i, 1947,
$129,504; 12 months
ended March 31, 1946, $7,716.following

'

Company is inviting bids for the purchase from
cumulative preferred stock (par $59).
Sealed written bids will be received by the

Trust Co.

N.

r

Y., ub
Vrhe

80,000

shares

at

and

Financial

Chronicle

(Reg.

U.

S.

on

completed
June

on

the

complete

July

6,

their

May 24/
dividend

1

this

will

ent^'e

shares,

shares

to

Dana

135

S.

Seibert,
La

on

5.

all

All

they,

work

that

preparatory

remains

to

be

t>

done*

prevent

necessary

steps

to

group
the

the

as

now

Interstate

Commission's

May 20.—V.

June

26

were

filed
It

th©

planned.

The

Commerce

decision

Com-

approving?

165, p. 2795.

dividend of $3 per share

a

to

holders

made

of

the

three

of

the

asks

Rock

the

made

in

from

of

record

June 26

on

June

and Dec.

the

on

12;

Dis¬

24, last

year.

Ry.—Senior Creditors

Circuit

that

his

Court of Appeals at
Chicago
Judge Michael L. Igoe be
order, confirming the reorgani¬

Federal

recent

Island,

the

provision

reorganization

it

to

condition

a

ratification

the

relating to the appoint¬

managers.
the confirmation

of

court.—V.

of

that

the

three

by the various creditors,

165,

2663.

p,

Chicago & Southern Aif Lines, Inc.—New
Combine to

Central

..

3 V4 %

$1,116,849

The

*

great

the

West

ing

this

of

the

and

$5,734,960
1,763,732

$1,178,596

$4,669,983
1,676,028

$3,971,228

$2,993,055
-

filed with

the SEC

Central

by Columbia

Kentucky Natural

Kentucky proposes to issue

and

principal
on

&

Co,'

Columbia

such

construction

amounts

be payable in-,
15 of each of the years 1950 to
1974,

subsequent to Dec. 31,

funds

as

but

program,

none

are

of

1947.*—V.

has

He

is

Mr.

of-

Augusta,

President/succeeding

elected
been

Mr,

Wyman
Chairman

of

is

to

of

be

such

elected, Executive
1st

as

Williams
also

a

1942.—V.

Vice

was

165,

has
p.

board.

Vice

been

the

Vice

Skelton

George

President

President.

formerly

member of

Perkins

connection

will

be

board

and

'1-

.1947

♦After
eral

$919,298

in

'

of

$44,229

1944.

in

reserve

1947,

President, has been
Lewiston, who has

Williams

of

by

this

company
York

S.

with

of

all

C.

&

ticketing

personnel,

and

of

the

trustees'

submitted

was

basis

of

of

new

10J/2

shares
the

stock,
of

12

by

to

plan

the

then;

passengers

of

reorganization
for
Edward A. Conger afc-

Judge

representatives

estimated

income

of

March

the

new

profit
for

1947

preferred
shares

conversion

each

of

the

a

year

to

ending

each

10

share,

reduction

$1,062,900

amounted

in

before
Dec.

share

of

from

conver-.

dividend

provision

31,

the*

on

shares

with

1947.'

to

$1,486,720.
Sales
rising, the trustee reported.—V.
165, p. 2663.

are

of

groups

holders

for

rate

preferred

years, and
5(4% to 5%.

a

taxes,

31,

in

common

of

change in the proposed-

a

present

10

preferred from

and

to

new

for

common

limited

trustee
as

of

increase

an

new

new

assets

filed

stock

common

instead

privileges

interest

Federal

stockholders, include

of

preferred
sion

revised

to

on

May 27.
/, The suggested modification,
preferred and common

Cincinnati C*as & Electric Co.
(&

'

Peribd End. Mar. 31—
Gross .revenues

Operation

rate

for

Free

of

the

and

General

1947—12 Mos.—191G

maint

!

829,605

913,407

3,079,409

3,147,272

812,184

733,130

3,017,290

2,846,252;

1,069,763

taxes

922,445

2,502,526

1,727,8 "4

$2,103,276*' $6,230,467

$7,384,772

profits tax_;

exc.

i

$12,676,015 $10,489,145 $40,380,922 $36,757,851
7,646,543
5,816,886
25,551,228
21,589,610

taxes

Federal income
Fed.

Subs.)—Earnings—

1947—3 Mos.—1946

:

Depreciation

.

Net 'oper.

62,050

revenue™,

$2,317,917

_

income

5,230

income

Total

income

Net

income

Augusta

Carrol^ N. Perkins of
and

General

PfcL

6,628

21,300

$2,323,147

$2,109,904

$7,434,032-

324,537

335,104

$6,251,767
1,293,183

$1,998,610

;

$1,774,799

$4,958,584

deducts

„

,49.23d

*2,957,127

-270,000

270,000

1,080,000

$4,476,934
1,540,000

$1,728,610

dividend

——

$1,504,799

$3,878,584

$2,936,934

requir._^_

■

Balance

Manager.
•

President

and

director since

a

*

Including

alent

to

a

special charge

non-recurring

net- income

of

of $1,491,274.

tax

credit

The

special

resulting from the

charge is
deduction

equiv¬
from'

call, premiums,

duplicate interest and unamor¬
tized debt discount and expense applicable to bonds
redeemed during the
year,—V. 164, p. 3283.

1945

1944

$107,161

$118,942

$229,825

Cincinanti

"

for amortization

$65,679

destinations.

trained

American

Gross

1946
'

$99,372

depreciation and

taxes

•

be¬
was

Childs Co.—Modified Plan Submitted—

taxable

taxes

it

passengers may board planes at
any
Chicago and Southern, from Detroit*
plane reservations completed to their
Space is guaranteed and all

south,

Modification

,

i

2132.

♦Net profit after charges

S.

agreement

Airways,

'*

' 'f

directors.

Vice

ticketing

International

May 24.

''

President

of

Executive

and

and important cities o«
only hours apart, follow¬

now

direct

of

S.

"

Vice

West

are

issued

President, Etc.—

formerly

William'B.

the

Middle

of a
Peruvian

domestic .stations

completed
direct to

Other

Central Maine Power Co.—New
F.

in

notes

137, p. 4188.-,

.'

William

required

such

S.

America

Tenn.,

Havana, Cuba.
At the Cuban capital
they transfer to
PIA
for Lima,
Peru, where airline connections are available to ail
other important West Coast South
American areas.—V.
165, p. 2274.

and

by Central Kentucky to finance its 1947 construc¬
tion program, which, it is
estimated, will involve expenditures of ap¬
proximately $2,583,000.' .Notes are to be issued
by Central Kentucky at
such time and in
the

South

Memphis,

anft

$2,300,000

unsecured

to be used

sold

Between Middle West

'

notes to be
thereof are to

amounts

Aug.

U.

immediately," U.

18

company

to

sell

promissory notes, such

The

Gas

Gas

transactions:

proposed

Service

the

corporation
on

Chicago

South

of

of

at

Effective

•

installment

are

elected

Coast

announced

43,894

Kentucky Natural Gas Co.—To Sell Note to

non-negotiable.

*

cities

signing

tween

$4,626,089

.

equal annual installments

with

Direct -New

in
'

1946,
-

"•

and

estimated Fed¬

$475,769
•

-

in
'

1945

and

Street

Period End. April 30—
Net1 profit

Revenue

—V.

165,

Ry.—Earnings—
1947—Month—1946

,

Z

$58,837

p.

2274..

•

11,304,656

I u.*iv'.

Patent

,

$59,006

11,017,208

passengers,

.

Salle




the»

which

-

•

-

„

•

1947—4 Mos.—194S

$237,399
43,319,647
'.
'

$265,3fit».
42,481,712
"

Office) William B. Dana Company, Publishers, 25 Park
Place, New York 8, N. Yi, REctor 2-9570. 7 Herbert D.
President; William D. Rlggs, Business
Seibert, Editor and Publisher;
Manager/* Published twice a 'week Ievery Thursday
(general news ' and
St., Chicago 3, 111. (Telephone:
advertising • issue) with a statistical issue on Monday].
State 0613); 1 Drapers'- Gardens,'
Other
London;
E. C.," England, c/o Edwards & Smith;
*s second-class
matter February 25, 1942, at the
Copyright 1947 by William B. Dana Company.
post office at New
Reentered
York, N. Y., under the Act of March 3, 1879.
American Union,
Subscriptions in United States, U. S.
$35.00 per year; in Dominion of
Possessions, Territories and Members of PanCanada, $38.00 per year.
Other Countries, $42.00
per year.
NOTE:
On account of the fluctuations in the rates of
exchange, remittance for foreign subscriptions and advertisements
must be made in New York funds.
offices:

on

necessary

May 24 declared

eliminate

Igoe

allocation

subsidiary,

and

Bankers
(Corporate Trust Department), 16 Wall
Street, New York 15,'.
to 11 a.m. (EDT) on June 3.—V. 165, p. 2662.

William

/

of

company

Commercial

405,054

Quar. End. Mar. 31—
it

of

the

common

of

fly

Chapman Valve Manufacturing
Co.—Earnings—

Bids for Purchase of Preferred Stock—
©f

466,414

_____

2543.

p.

Waterville

o

$5,686,682
48,278

$1,583,651

deductions

income

165,

been

—

exchange
Ohio

have

taking the
minority

creditors.

plan
of

The

•

income

other

$1,583,263

joint application has been
Electric Corp. and its

'

Gross

income

$2,694,427

$204,234

•

;

$190,280

to

plan.

reconsideration, of

New

A

•

and

revenues..

income " (net)
;

1947—Month—1946
$671,750

open

♦'Other
»«-'

-

■*

31—

9,971

&

sale

revenues—

&

South America—

inventory,

inclusive,., interest upon, the unpaid principal amount thereof
payable semi-annually on Feb. 15 and
Aug. 15.
The proceeds

California Electric Power (& Subs.)-Earnigns—

upon

of-this

to

Offer

.

$5,112,373 $20,612,168 $19,563,035
3,538,693
14,925,485
14,936,946

18,452

Parent—

Jersey

common

1946

1947—12 Mos.—1946

$1,573,680

of

of

payment of
stock
is
June

by the court, Instead

8

common

Exchange

31,

$347,746;

1947—3 Mos—1946

$1,564,811

York

Curb

management

the

subject

Co.—Earnings—

income...

regarding the following

shares

the

managers be appointed

-

$5,760,468

voting trust certificates,
voting trust certificates were
The

senior

Judge

$12.61
DEC.

4,195,657

Central

M?y. 29,
requested

Co.,

from

petition has been

ment

12,494

'

'common

said

in exchange for,the voting trust
certificates
Exchange.—V. 160, p. -115.

said

of

Corporation

therefor

represented

foregoing, the above
dealing*; on the New

business

the

certificates

United

the

from

of

Issuable
on

to

of

suspended

of

their-certificates

J.,

stock

agreement

50c.,

holders

surrender

opening

trust

for

merger

stock,- payable

directed

$269,153

SHEET,

income- (net)L_L-

Net

—V.

-

The

the

both, roads

directors

zation

733

taxes__

Gross

;

and

oper.

Other

plant

expansion.—V. 163, p. 2991.

pref¬

Managers—

A

trucks.

and

•

revenues

exps.

Net

notes, due April 1, 1962. Lee Higginson Corp. acted as
agent for the company in the transaction. Proceeds will
foe

by

Chicago Rock Island & Pacific
Ask Court to Alter Rule on

'

notes payable, $889,200;
employees' savings, $15,606; capital stock
par), $133,775; surplus, $1,032,706; total,
$3,394,852.

p.. 2516. '•<.

Operating

company has
placed with the.
Insurance Co. $575,000 4% secured

Life

done

common

tributions of like amount
—V. 165, p. 2795.

is

Issue

—

after'

prior

reserve of $100 OOOt

Chicago Burlington & Quincy
RR.—$3 Dividend—
The

$255,926

Central Illinois Public Service

,

Co.,

for

for

common

expenses,..$232,225;

(21,343. shares,

...

Manufacturing
Privately—The

be

date

Ohio

the merger was denied

10,211,087

BALANCE

Period End. Mar. 31—

Bush

record

&

under

applications

$10,467,013

"

Placed

will

Pere

the

as

companies

.....LIABILITIES—Accounts payable, $1,091,339;

r

on

common

March

-was

of

receive

ipission

$2,720,142; prepaid expenses, $3,318; U. S. income tax
refund, $7,923;
cfash
value—officers'' insurance j
policy,
$9,163;
investments, $3,950;"'
capital assets-(after, provision for
depreciation), $212,611; total assets,
$3;394.852.

•;

©n

cumulative

contingency

legal instruments with tne
various
regulatory agencies concerned.
Effectuation of the merger
can be
completed -on June 5 unless litigation Is
instituted by the min¬
ority group of Pere Marquette stockholders
which
will

^

•:

taxes

bonds, equipment

ASSETS—Cash," $89,999;

to

Buffalo Bolt Co.—Dividend Increased—..

V
.

1945,

s,

amounted

$1,008,068 in 1947 and
^Excess profits taxes for the quarter ended March
to-$1,644,097.—V. 165, p. 2542.

$1,627,091 in 1946a
,

taxes

possible

Chesapeake

Counsel

'

i*

STATEMENT, YEAR

and

'

,

■'

!_

expenses

CONSOLIDATED

$1.16

'

a

of

outstanding

Ry.—To Make Merger Effective

'

making the merger effective
is the signing and
filing of

delivered

Net profit;tI__il".L;_'__
.i
Earnings- -per 'share__L_'_'________

$$773,615

.

shares

providing for

& Ohio

$0.45*

stock

'

.

$$885,981

$1.85

.

15,000

2828.

_

$741 999-

$0,92

common

165,

-

'

profit" from operations
L___
interest and dividend income,.

Rent,

t$2,626,678

of

on

$1,407,672

stock

shares

dividend

a

100,000

surplus

common

Chesapeake

available to the bankers
$150,000
the lowest prices tendered.—M.

Subs.)—Earnings—

—

Frolit from sale of

Subsidiaries)

f$l,448,S61

of

Marquette stockholders,
dividend on
the

made

- -

•."••'"/.'a

CONSOLIDATED INCOME

Net

Canadian

to

p.

merger

will

Carpel Corp. (&

the

and

taxes

Com.

and

$741,990«

contingencies

earned

Pere

;

"
.

Steinkraus, President and Chairman of the board, an¬
shipments In April were approximately 5% below March
a
profits for the month were well in line with
shipments.

Quars. End. Mar. 31—-

571,591

&

Marquette Ry. Co., -into
Chesapeake & Ohio RyJ
Co., on June 5—the earliest
possible
Howman, President of both roads, in a date—according to Robert J.
statement issued on

1946

'

:

164,

the

1947
—_

The'Manopla corporation has
for the-purchase of said bonds

Bristol-Myers Co.—Earnings—
».

to

1,619,999

Everything

/

Railway—Traffic Earnings—

■•'v

stock/

common

share

per
on

June 5—

The

that

that

Pacific

record

Previously,

income

33 687

929,773

$1,507,672

for

reserve

Chesapeake

Bankers Trust-Co., 16 Wall
Street, New York, N. Y., will, up
to .June -11,
1947, receive bids for the sale to the
Manopla Investment
& Trading Corp. of Caribbean
Sugar Co. first mortgage 7% bonds, due
Aug. 1, 1941."

*'

holders of

to

$1,347,271

31,718

Canadian

'''''

|W

'

March

on

to

stock and before

Caribbean Sugar Co.—Offer Made to
Buy Bonds—

Co.,

$1.37%

the preferred stock, both payable June

on

16.

74,747

$2,469,164

—

effect

—V.

to

100 Broadway, New York, N. Y. The call was made
from stockholders of record as of the close of
business on May
27, 1947.
V The directors have also declared) a
dividend of 25 cents per snare
©n the common stock and the
usual quarterly dividend of

sharp

&

erence

$0.35

by next July. ' The banks, and amounts which the
company proposes
borrow-include: Commercial National Bank & Trust
Co.; New York,
$560,000;
Union: National
Bank, .Little Rock, -$75,000;
Commercial'
National Bank, Little
Rock, $60,000; Simmons National
Bank, Pine.
Bluff, Ark.I $50,000; and First National Bank of
Conway, Ark., $15,000.

31,

share

Trust

redemption agent,

June

'

be

quarter

per

York

S.

giving

1,903,011

includes

summary

6,593,054

$1,366,PT*
19,351

deductions

taxes

transferred

♦Earnings

$746,014

$0.36

...

8,761,164

income-

♦Based

$795,209
1,903,011

U.

-

$2,394,416

sinking fund debentures

for

profits

Ealance

company proposes to borrow $700,000 to
pay for new rolling
for. its transportation
system, the SEC has disclosed.
In
an
application. 'asking
authority
for
the
financing program, company
it is buying 15 buses and nine
trolley cars, all to

$1,646,101

ended

for

fund,

at

1
profits taxes.-

shares

above

on

Appropriation

Stock

.

>

the

of

will

Net

share.——

per

and

1946

$7,959,685-

gen.

34,851

said

-

account

Payment

'•

row

May 26 authorized the call for redemption on
1,930 shares of outstanding 5 (4%" cumulative
pre¬

of

next,

stock,

127,419

'

&

L

422,356

84^978
29^998

income

income

excess

>.

Canadian

on

dividends.

$1,283,347'

335,432

other

Interest

on

Bridgeport Brass Co.—Partial Redemption—Divs., Etc.
directors

$1,248,495

$1,258,061

of

Total

Capital Transportation Co., Little Rock,
Ark.—To Bor¬

'

The

Net

6,514,089

1947

$11,155,581

sold,
selling, admin.
depreciation & depletion

Operating' profit

^

The

—

taxes"
'

2540.

Subs.)—Earnings—

.

goods

Provision

:

excess

of.

-

.

$1,147,039
110,972

_:

; Week Ended May 21— '
Traffic earnings
—V. 165, pp. 2662, 2795.

$5,549,497;

5,547,349

$500 000for
p.

•:

est. deprec., amort., capital,

revenue

and

taxes

of, common

income

'

1946

$7,571,095

—

-__L__________—

The .aggregate

1947

1947

from

income

,

pre--

Brazilian Traction, Light & Power Co., Ltd.
(& Subs.)
-—Earnings—
earnings

Endea|March 31—

sales

-

7,612,852

—

NOTES—The

withdrawn.

Month of March—

Months

Cast

provision for depreciation of
buildings, machinery, equipment, etc., in the
respective amounts of
$210,862 and $206,086 for the 6 months ended March
31, 1947 and 1946
—V.' 165, p. 2408.

*

Cross

Certain-teed Products Corp.
(&
3

1946

,

appointed-

Number

the

1947

.

,

(net)

Total

1865.

with

stock; $3,500,000; preferred stock
payable, $407,347; accrued
wages, $132,203; reserve
surplus, $3,148,144; total,
$8,033,323.—V. 164,

Net

$19,004,879 $16,208,709
10,244,937
8,446 125

distributing & general

Foreign Income and

4(4%.. cumulative

..

federal'excess, profits fax

„

1947

etc., $345,630;

expenses,

Subs.)—Earnings

.

income—...

credits

Federal

Con¬

(Harry)1 Braunstein, Inc., Wilmington, Del.—Registra¬
The

.

expenses

operating

Income

tion Statement Withdrawn—
1946,

..

sold—.

administrative

Net

ferred

goods

Advertising, selling,

•

t

has been

p.

6 Months Ended March 3.1—
sales
i_

(&

Net

■

31,

A.

Hospital,-

Missouri

1892.

Agent—

Jersey City
stock.-—V.

.

MARCH

U. S.

Government bonds,
$810,210" accounts
$1,258,817;
inventories, $2,581,852; land and
buildings
$1,300,530; machinery and
equipment, $1,222,794; patents
$52 449deferred assets,
$154,554; total, $3,033,323.
P
'
$52'449-

•

'~u-

SHEET,

ASSETS—Cash, $652,117;

3

receivable,

the

stock.

Chicago.
Proceeds
165, p. 1185.

construction.—V.

new.

common

•

1,

Southwest

organized

common

J.

the

care

and

and

Bowman Gum, Inc.—Transfer
The

transfer

©f

a

par)

Wyant, Executive Vice-President, has been
elected President
succeeding G. W.; Cannon who has been
elected Chairman of
the
board.
; •
'/ C\ L. Beatty has been elected a
Vice-President.—V. 164, p. 2827.
"

.

proceeds oi the
corporation without any restrictions.'
the opinion of counsel for the cor¬

100,000 patients have received healing

ferences

-

filed
($25

Campbell, Wyant & Cannon Foundry
Co.—New Pres.

;

cor->

poration wiU .be the direct obligation of the corporation and will be
secured by a valid first lien on the
land, buildings, fixed and movableequipment and other property constituting
Bethany Hospital, Kansas
City, Kans., appraised at $769,963.
'
r
Bethany Hospital is a 150-bed institution. The main hospital build-;
ing is five stories, and the adjoining Nurses' Home is six stories.

;

22
shares

accounts

\

payment or
proceeds were available from
the interim»will be paid to

the

The

paid

been

by

issue

1937

been

have

completed

accruing
bonds.

has

date

bonds

be

until

1937

when

thfe

outstanding bonds of

due

poration,
principal

f

May

corporate

as

1

finance;

.

BALANCE

i

•

■

Registers With

—

;

on

15,300

& Co., Inc., San Francisco;
Central
Republic Co., both of

the

by

'

'

company

covering

Telephone Co.

Biyth

City;

•
.

proceeds

The

•

Nov.

corporate, trustee Louis Kuehlthau,

&

,

•

Monday, June 2, 1947

COMMERCIAL & FINANCIAL CHRONICLE

THE

(2924)

4

MARCH

sales,

Gross

by Court-

Other

Wilmington, Del., on
amended plan to sim¬

Paul Leahy of the U. S. District Court,
signed an order approving company's
its capital structure.
The plan previously had been approved by the SEC.
Judge Leahy sa.d: "From my study of the
the Commission I think the plan necessary to
with the Holding Company Act.
"In approving the plan, i am approving the
on
the preferred stock because in this case I
do so
However, th.s week I am engaged in other
judge
27

May

week

___.

taxes

L-

Gain

™

goodwill,
Net

—V.

shou.d be paid in this case."
, ,
,
,
calls for the issuance of new 3% debentures in face
amount equal to tie redemption prices of preferred and preference
stocks, in the amount of $115,246,950.
The premium amounts to $12
a
share on $3 preferred stock, 60 cents a share on the preferred "B"
and $6 a share on the preference "BB" stock.
Company is to sell its electric utility holdings which are expected
to produce $85,000,000 to be applied to
retirement of $60,000,000 of
the 5%
debentures and $25,000,000 of the new 3s.
This will leave
outstanding $90,246,950 of new 3%: debentures plus the common stock.
There are now 3,7C2,000 common shares outstanding.
.
'>

machinery equipment and
for Federal taxes on income

less prov.

165,

fund debentures being given in exchange for
preferred and preference stocks under the recapi¬

sink.ng

3%

new

Service

Cities

talization

plan

Exchange

on

were

when

a

admitted to trading on the New
issued basis at the opening of

directors

$40,578,100 of Debentures to Be

Redeemed—

28 called for

terest.

will come from working capital resources.
believed to exceed $100,000,000 including cash
United States Government securities.—V. 165, p. 2409.

Funds

and

redemption

the

for

currently

These

Greenfield, Chairman of the

Clark Controller
of 20

dividend

last

year

Dec.

6,

per share

has been declared on

Corp.—Debenture Issue—

to

be

intends
proceeds

before

income

Net
Net

Net

income

$188,556

possible

to

position

companies

arrange

However,

order.

reasons

they

alphabetical

in exact

For

alphabetical

always as near

are

Cost

Clearing Machine

111.—V.

of Rock.ord,

Inc.,

Corp.—Acquisition—
Machine Co.,

164, p. 553.

Other
U.

profit,—
paid—40

Net

Illuminating Co. (& Sub.)—Earns.
12 Months Ended March 31—
1947
1946
Total operating revenues
$47,416,914 $43,994,975
Electric power production
14,616,204 12,959,802
Electric
power
transmission
780,602
818,127
Electric
power
distribution3,235,793
2,778,808
Steam—Cokt of ■
"1,614,274
1,437,221
Distribution
i
83,635 f"
71,027.
Commerical expenses
1,976,282
1,561,501
Administrative and general expenses—
4,154,433
3,885,219
Taxes, other than income tax (estimated)
4,277,780
4,176,600
Cleveland Electric

,

.

__

—

cents per

Dividends

normal

Federal

excess

Provision

for

Provision

for

surtax,

postwar

transfer

for

Credit

and

1
adjustments—
reserve for
postwar
—
;

5,072,007

share

non-operating

revenues

Cr680,000

Cr470,000
$7,552,659
205,642

Gross

$8,639,758
1,471,723

income

deductions

—V.

share of common stock

per

165,

p.

1,496,013

$6,262,288
$2.20

$7,168,034
$2.59

Surplus

Earnings

$7,758,301
.

U. S. Government obligations—at cost,
securities—at cost (quoted market value $977,900),
$839,265;
accounts receivable
(less $34,705 reserve)^ $4,041,150; in¬
ventories. $3,620,811; investments—at cost, $2,933,979; potes, accounts
receivable, etc. (less $29,048 reserve),, $288,115; fixed assets—at cost
(less reserves-for depreciation,- depletion and amortization of $38,724,-'
605), $22,015,305; patents,

goodwill, etc., $1; deferred charges,

LIABILITIES—Accounts
other

and

Reports on Merger—

Securities

Commonwealth

disapprove the plan."
The vote on the proposed consolidation, scheduled last May 9
and
postponed for the Commission's report, will be held June 9.
Under terms of the plan a new company, the Cleveland-Cliffs Iron
Co.,
would be formed and shareholders of Cliffs' comjnon would
receive 214 shares of the new company's common for each share held.
power

to

approve

or

company common stock, held by Cliffs
and each preferred shareholder of Iron

Corp.,
would
receive one
share of $100 par 4Vz %
cumulative preferred and one
share of common of the new company for each share of preferred held.
"However, the Commission stated 'the market value of Cliffs' common
"has been substantially less in the past than the asset value."
rj
The SEC pointed out that if the plan is consummated, shareholders
who opposed the exchange may exercise their appraisal .rights under
existing

The

Corporation Lay?.

Ohio

the

connection,

this

In

Cliffs

assenting
.value of

of

Corp.
of

Because

the

,

noted

SEC

the plan

„
..
.
i ■ <
■
does not provide non-

stockholders the alternative of receiving the . asset
based o'n the market value of the management's
fair value of the Iron company stocks held by
..

proposed

the

Commission

the

the

their shares

appraisal
Cliffs

Iron

eliminated

be

would

said

the

corporate

structure of the new company,
would be "so-called leverage

common

new

applicable to such stock tend to be less stable
the dividend income of Cliffs."—V. 165, p. 2796.

stock, and the earnings
and

&

Southern Corp.—Weekly

1946,

an

14.11%.-

increase of 34,819.107 or

$3 Preferred
Securities

■

'

Dividend Authorized by

and Exchange

July

regular

than

Climax; Molybdenum

Co.—Earnings—

Quarter Ended Mar-.-31—
after charges but before

•

-

1947

„ ,

1946

M

l

1945

deple-.. " .'4
'
discovered increment-—
$776,66T<' . $758,210'
Federal inc./srirtax & exc. prof, taxes''.5 178,460 m '-253,928

:1;1 '379,231
! 1

$504,282

$3 085,946

Net

tion

Net

and

profit

—

Earnings per common share
Number of she res outstanding
~*V.

164,

p.

2541.




$598,201
$0.24
2,520,000

' 1
$4, 465,-777
.

.

$0.20

$1.22

2,500,000

2 500,000

.

taxes

interest

SEC—

Commission on May 28

Faul

H.

Bresnahan

Mason

who

been

has

died

May

authorized the
pre¬
paid

shares

Corp.—New President, etc.—

elected President, succeeding William
Mr. Mason had previously served

14.

H.
as

elected First Vice-President in charge of
sales.
He has been associated with the corporation for 16 years and
is a brother of the late Barnard Solar, who
served as President of
the company for many years. ►
Messrs. Mason and Solar have also been elected ,tOi.thp
executive
committee of the corporation.—V. 165, p. 1586.
Solar1 has

been

Conlon-Modre Corp,—Earnings—
earnings after

Net

charges and taxes

Earned

pef .common,
"Deficit.—V. 165, p.

'•

.1

$0,32-

spare——
1186.

ri '

.

,

.

•

•

directors have

,

,

;

.

Connohio, Inc.—Declares 10-Cent Common
The

1946
*$23,719

1947
$86,299

"

Quarter Ended March 31—

Cash

.

:t»

Dividend—

declared >a dividend of- Hp cents per share on the

Sept. 20, respectively.—V. 165, p. 536.

Inc.—Output—

System output, of. electricity
(electricity generate^ and purchased).for the week ended May 25, 1947
ftippunted, to 1^1,500,000 kwh„ compared with 173,400,000 kwh. for the
corresponding- weekt©f 1946,^ an, increase of 10.5%. Local distribution
of electricity amounted to" 183,000,000 kwh., compared with 166,200,000
kwh. for the-corresponding week of last year, an increase of 10.1%?.
The company on

May 28 announced that;

Bids Invited oh

$0.82

Bonds—Bids for the purchase of the

registration) are invited on

31

1947

$1,500,315

—

Inventories

1946
$1,359,092

7,405
25,111
1,640,239
44,255
3,082,789

and

cattle

Plant

rehabilitation

Other

4,584,439

—

-

assets

—

fund

.

431,730

$16,241,986 $12,226,656

—

LIABILITIES—
Bank

...

loan

$600,000 -

:

accrued liabilities———.
1,839,793
Federal and other taxes on income
—,r 1,046,538
Other current liabilities——
L,
-Jr>
-365,269
Long term debt
——
2,262,500
Reserve
for contingencies—
—
191,268
Minority interest in subsidiary—12,023
payable and

Accounts

stock

Common

surplus

Paid-in

Total
—V.

-—

—

-

!

—

164,

-

—

surplus

Earned

4,686,680
237,905
575,000
568,180

6,878,785
793,838

depreciated,

equipment

Plant

Dairy

;

$100,000
1,420,104
1,379,350
' 293,881

650,000
3,748,723
5,525,872

2,393,500
160,000
10,680
507,006
1,114,806
4,847,321

$16,241,986 $12,226,656

-

'

2542.

p.

Chicago—Plans Texas Plant—
(Texas) Chamber of Com¬
that the above company has completed
establishing a $2,250,000 candy and food products

Curtiss Candy Co.,
industrial

The

department of the Dallas

announced

just

has

merce'

negotiations for
factory in that city.
The company plans
will

164,

p.

serve

the

to be in production
entire Southwest area,

Cutler-Hammer,
Ended

Months

3

General

in its new Dallas plant,
by the spring of 1948.—

953.

1946

1947

operations—

$2,292,506
644,421
'240.825

——-

—

and admin,

Social secur. &

Inc.—Earnings—

March 31—

Shipping expenses
Interest paid
(net)
Prov. for deprec. &

expenses—*—•

$1,029,443

557,376
196,758

227,989
21,889
65,879
117,904
* 352,000
48.000

—

amortization-

unemploy. taxes

Federal income taxes

i

—„

Estimated Wisconsin income

taxes—

9,396
74,567
••

1945

$2,464,284

549,293
276,979

.

128,199
171.886

69,076 "»1 *932,659
9,567
60,000

period
J
$573,599
$112,703.
$345268
share
$0.87 '
$0'.l7 , ' ' $0-52
*After postwar credit.
tOn 659,998 shares of capital stocks Jlncludes miscellaneous income of $2,821
in 1947, $17,926 in'1946 and
$57,277 in 1945.—Y, 165, p. 1069.
) 1;.
,...
j
'
profit for the

Net

tEarnings per common

,

.

„,

v

Light Co.—Stock Issue Approved—

Dayton Power &

on
May 21 approved a proposal to create a
preferred stock (175;000 shares<of $160 pkri1 Value),
plans to issue in June in two series to refund the
present outstanding 4 V2% preferred stock.—V. 165, p. $5'4§.^ ,
, r',

stockholders

The

(new)

class

the

which

of

company

Delaware,

At

meeting of stockholders
remaining leased lines was

the annual

two

Western RR.—Merger Rati¬
Elected—Fixed Charges Lower— -

Lackawanna &

fied—New Director

held on May 13 the merging
ratified, subject to approval*

of

the

by

tho Interstate Commerce Commission.
the Passaic and Delaware Extension,

are

The two lines being merged
between Bernardsville and
between Paterson

Gladstone, and the Morris and. Essex Extension,
Junction and Paterson, N. J.
The vote to merge the lines was 1,333,849 shares
against the resolutions.
The
following were

T

for, 2,172, shares

1.
elected members of the board' of

managers

M. Hartley Dodge, Roy C. Gasser, Paul Moore, Roy E.
Willard F. Place, Robert W. Lea, William White, Robert
G. Fuller and John G. Endeilin, New York; Henry M. Reed, Pittsburg;
Lewis G. Harriman,
Buffalo; Lee- P. Stack, Boston, and Ralph D.
(directors):

Tomlinson,

$60,000,000 bonds (now in

$0.35

BALANCE SHEET, MARCH

notes-———Marketable securities at cost—
25,111
Notes and accounts receivable-————,_
2,027,768
Federal
income tax
refund

Nil

.

stock, payable July 1 to holders of record June 20.
An initial
made on Jan. 2, last.
The
directors also declared two regular quarterly 'dividends of 10
cents each on the preferred stock, payable July l and Oct. l to holders
20 and

$413,527
507,000

Treasury

common

June

$229,974
650,000

.

in banks

and

hand

on

United States

distribution of like amount was

of

953

.—

,

;j:Gross profit from

Vice-President.
William

910

income

Net

which

1

Shoe Machinery

—-

—T

Selling expenses

Compo

76,394
287,222

income

Minority

V.

of the $3 dividend recently declared on the
ferred stock to holders of record June 10.
Like amounts were
on
Jan. 13 and April 8, 1947.—'V. 165, p. 2796.
*
on

$778,096

i

for

Output—

electric energy of subsidiaries
of this corporation
general business conditions of
territory served for the'week ended May 22, 1947, amounted to 281,612,724 as compared with 246,793,617 for the corresponding week in
hour output of
adjusted to show

kilowatt

weekly

Consolidated Edison Co. of New York,
,t

subsidiary

this

of

statutory

for taxes

(1,612,218 shares, no par),
earned surplus, $14,504,246;

$1,372,489;
capital stock
capital
surplus,
$21,001;
$42,593,053.—V. 164, p. 2688.

total,

accounts, $2,238,045;

accrued

and

companies,

payment

apd Exchange Commission on May 26 notified share¬
corporation that their vote on the proposed consoli¬
dation of their corporation with Cleveland Cliffs Iron Co. "must be
decided in accordance with their own business judgment."
In an advisory report issued at the request of the Clark group of
Eastern minority stockholders, the Commission
asserted it has "no
The

holders

payable

taxes on income, $2,207,918; reserve
contingencies, $400,000;
minority interest in
foreign

and

Federal

$437,799;

'

total, $42,593,053.

$465,329

—70,860
on income
1
—
163,585

■

-

deductions

Total

$7,583,628;

ASSETS—Cash,

2795.

Cliffs Corp.—SEC

1947

$833,000; marketable

The
•

$1,622,083
$644,887

MARCH 31,

SHEET,

BALANCE

CONSOLIDATED

The

Total

41,243
756,870
' 52,968

_—____

$21,849,354;

$8,362,900
276,857

operating revenues.

Total

2,524,000

Crl89,000
4,897,008
1,992,000

.

from

adjustments
Net

3,923,000

——

profits tax
depreciation

$2,390,678

—_—

(estimated)

income

on

— —

Federal

1,192,077

earnings

interest in

Minority

6,947,926

:

taxes

$710,524
67,572

(inch deprec.)

ASSETS—

detail) follows:

i

Foreign

$388,917
76,412

1947

CONSOLIDATED

operating expenses—

(net)

income
and

S.

1946
$7,411,918
6,701,394

income

INCOME ACCOUNT

and general expenses

profit

Operating

the Jackson Hydraulic

purchased

has

company

Inc.—Earnings—
$9,030,302
8,641,385

expenses

oper.

profit

Gross

Other

Common

$10,530,681

other

and

sales

of

165, p. 2796.

Earnings per common share—

:

Selling, administrative

The

$0.79

.

Eroded March 31, 1947 (in

Sales

possible.

as

Months

3

1 $1.01

__.

sale of securities.

CONSOLIDATED

THE

it is not always

:

$8,125,041
*1,769,213
1,267,783

heretofore made.
Ohio and Peo¬
the public utility commissions
companies are organized arid

stock by Hope, East

of common

March 31—

and

Provision

$10,530,681
2,431,921
1,622,083

.

profit on

sales

Cost of

Total

1946

30,230,700

sales

Income

.

taxes

share

ger

r

mechanical

taxes_

after

income

^Includes
NOTE—For

for the

1947

Sales

President, on May 5 reported the company
5%
15-year sinking fund debentures, the
used principally for working capital.—V. 164, p. 2688.

sale

Creameries of America,

Co.—Earnings—

Columbian Carbon

$750,000

issue

week.

a

Quarter Ended March 31—

Clary,

L.

H.
to

about

in

sometime

7,000.000
5,200,000

for property, additions

treasuries

3 Months Ended

Net

announced for the Bermuda
A general qualifying program for

70,000
52,000

realized by the subsidiary companies from the sale of
used by them, together with other corporate funds,
construction of additional plant facilities and to reimburse their

doing business.—V.

be

to

flight personnel is at present being carried on in preparation
inauguration of passenger flights.—V. 165, p. 2796.

160, p. 324.

Clary Multiplier

Service to
Planes—

Inaugurate

dent.

expected

Corp.__

ples have in each case been approved by
of the respective States in which those

New York and
July 15 and has
purchased DC-4 airplanes, each seating 44 passengers, for use; on
these routes, it was announced on May 22 by Sigmund Janas, Presi¬
are

8,000,000

100
100

Gas Co
Natural Gas

proceeds

for the

Bermuda

schedules

Consideration
$10,030,700

80,000

302,307

corporation will inaugurate flights between
and Washington and Bermuda on or about

This

100,307

100

stocks will be

respective

July—Purchases 44-Passenger

$100

Co.;.

York State

their

1586.

Inc.—Will

Airlines,

rata basis,

consideration set

Par Value No. of Shs.

Co

Gas

Gas

The issuance and

Colonial

the amount and for the

and sell in

Natural

Peoples
New

since.—

none

Natural
Ohio

The

record May 29.—V. 165, p.

of

pro

a

sale of common stock by Consolidated will
treasury cash to purchase at par value, during

Issuing Company—■■

East

cents.

holders

to

on

basis

the

on

years

propose to issue
below:

quarterly dividend of 53 Ve cents per share on the 40,000
shares of cumulative preferred stock was also declared, payable June 12

routes

the common

Distributions of

A

were

40

company's application, which

stockholders,

forth

usual

The

Definite

Dividend—

Co.—Resumes

cents

stock, payable June 14 to holders of record May 31."
30 cents each were made on March 14. and June 14, 1946;
V.

6.

June

on

-

-

its

1947 and 194.8, additional shares of the common stocks of
Consolidated's subsidiaries, which stocks such subsidiaries respectively

25 cents per share
shares of common stock, payable June 12 to holders of
A like amount was paid on March 6, last.
Payments
as follows: June 7 and Sept. 6, 20 cents each; and

Bermuda in

Directors—

board, announces that Harold
W. Brightman, newly elected President of Lit Brothers,
and John B.
Knox, recently appointed Assistant, to the Chairman of the Board of
City Stores Co., have been elected directors—V. 165, p. .1862.

A

record

price

proceeds of the

used, together with

the

are

City Stores Co.—Two New
Albert M.

400,000

the

on

redemption on July 28 the entire
$40,578,100 face amount of debenture 5s of 1950 still outstanding.
Holders
may
deposit their debentures at any time prior to that
date
and obtain the full payment due them,
which is 102 and in-1
directors on May

The

The

(2)
be

27 declared a dividend of

May

cn

a

owned.

Hope

The

at

stock at a
of the market price prevailing
time of the offering.
The right to purchase shares will be evi¬
by transferable warrants on the basis of one share of aadicommon
stock for each five shares of common stock presently

tional

Inc.—Dividends Declared—

Coleman Co.,

1947,

1947, Mr. Lerch said.
shares will, extend to

545,672-additional shares of common

determined

be

to

the

at

22

additional

the

20,

June

about June 9,

or

hearing June 2

a

right to purchase

price

.

York Curb
the market

SEC will hold

denced

May

on

company

on

purchase

to

record

of

holders

to

directors

rights

be summarized as follows:
(1) Consolidated will offer to

filed a registration statement with the
SEC covering 140,000 shares
($25 par) 4% preferred stock, series A.
Underwriter, Dean Witter & Co., San Francisco.
Of the total, 75,000
shares will be offered in exchange for the company's
($25 par) 6%
first preferred stock on a share for share basis, plus accrued dividends
on
the old
stock.
The remaining 65,000 shares and all unexchanged
shares
of
new
preferred wdl be offered publicly at $26 a- share.
Proceeds w'll be used to retire all unexchanged shares of 5% preferred
ana to repay $1,150,000 of short-term bank loans.—V. 165, p. 2796.
The

offered

be

a

1947.-

11,

The

Registers With

—

adopted

may

SEC—

28.

May

Electric Co.

Counties Gas &

Coast

plan

The

the

July

the

premium
The

2,388,629

2544.

p.

will

have

fixed by the

to be

Subscription

$6,649,828

profit

directors

stock

$4,261,199

—

plants,

of candy

sal.e

from

;___

Offering—

subscription plan which calls for the
offering of 545,672 additional shares of capital stock to present stock¬
holders, pro rata, in the ratio of one additional share for each five
outstanding shares held, according to a letter dated May 28 to stock¬
holders from F. H. Lerch, Jr., President. Under the plan, the additional

2,675,429

(estimated).;

income

on

department of this
He had been Asso¬

tax

the

charge I of

in

Jr.,

Consolidated Natural Gas Co.—Stock
The

$7,088,639
152.012

.

deductions

Profit

payment of the premium
think it only fair to
Section 11 cases.
memorandum discussing why the

will file a

I

so,

or

-j

Rodey,

S.

company, has been elected an Assistant Secretary.
ciate Controller since 1936.—V. 165, p. 2796.

$6,979,804
108,835

___.

Income

Total

Federal

findings and opinion of
effectuate compliance

a

profit

income

Other

plify

Within

___^

Selling, shipping, administrative and general expenses.
Gross

Co.—Plan Cleared

Cities Service

Bernard

$46,212,689
36,229,175
3,003,710

.___

;

.-

and

returns

__i

allowances,: etc. —
of goods sold

Cost

<

Official Promoted—

transporation,.

discounts,

less

.

1947

31,

(EDT) June 10 at company's office, 4

a.m.

Irving Place, N. Y.

12 MONTHS ENDED

STATEMENT FOR

EARNINGS

CONSOLIDATED

before 11

or

Clinton Industries, Inc.—Earnings—

Terminal Co.—Partial Redemptions
There have been called for redemption on Aug. 1, next, out of monies
in the sinking fund, $42,000 of first mortgage 3%%. bonds, series E,
due Feb. 1,. 1969, at 11 and interest, and $122,000 of first mortgage
2%% bonds, series G, due Aug. 1, 1974, at 102 Va and interest.
Fo¬
ment will be made at the office of J. P. Morgan & Co., Incoipma ed,
sinking fund trustee,, 23 Wall St., New York, N. Y.
V. 165, p. 70.
Cincinnati Union

*

Volume 165

Number 4599

THE COMMERCIAL &
FINANCIAL CHRONICLE

(2925)

5

Jennison,

Binghamton, N. Y.
Mr... Jennison,
President of the New
York State
Electric & Gas Cdrp., succeeds
the late Arthur G. Hoffman.
William
White
was -re-elected
President
and - John
G.
Enderlin,

Dun &

Bradstreet, Inc.—Split-Up Voted—

•

Secretary-Treasurer.'.

-•

'

-

"

■"

Mr.

White
told
purchase of-bonds

had reduced
pared
of

the

stockholders

in- the

with

interest
come

Incident
Mr.
to

and

charges.

from

to

the

redemption
that

business

bonds

26 %

of

to

com-

resulted

purchase

of

our

the

own

securities."

Lackawanna's

"

r-

financial

; -

in

the

..

,

the

net

directors

increased

31.

.1946.

last

amounting to $25,000,060.
Reviewing operations for
1946, Mr. White reported that while earn¬
ings-in 1946 were less
than in 1945, the ratio of
had been held
operating expenses
to
84%-,. comparing •
favorably - with - other railroads.
The small
income

.An

V.

165,

of

series

Co.

in

for

an

of

increase

wage

$5,400,000

of

a

Discussing
earnings

20

cents

an

meet

the

needs;

Income
of

return

—V.

short

by

$3,000,000

Mr."

quarter

reported that Lackawanna's
showed an increase of 13%
.

period
with

White

of, 1947

was

rates

allowed

be

about $3,000,000 this
year."
the investment in the
industry
2411;

p,

and

He

in

said

was

that

Delta Air Lines,
Traffic

on

Delta

March, Laigh
During April, the

434

increased,

Inc.—Passenger

Air

over

traffic

Maich

on

Lines

C.

increased

Parker,

third

tents

Total

due

Delta

transported

miles

2,536

passengers

each. The
percentage
70.—V. 165, p. 2545.

month

44,966

of

of

seats

in

for

passengers

occupied

an

debt

.

$1,300,000

Woodcock,
the

latter

for

.

Wilson McCarthy,

President,

on

first

or

is

*

the

directors,

Listing of Denver
The

New

Denver

and

Interest

26,

York

Salt

1947,

shall

and

annum,

Interest

Lake

1%

and

be

to

Exchange

income

contingent
dealt

be

a

in

"and

.

the

May

April

bonds

1,

Bid for

directed

due
to

at

must

1948,

1993,
the

the

rate

of

interest

;

—

■

,

4Va %■ prior

of 6%

special

May

made
New

Equipment Issue Rejected—

been

preferred

'Detroit Gasket &
Mfg.

in

Co.—Registrar—

The Bankers Trust
istrar for common

$3,190,594
$8.53

stock-.:

1945

equal

to

redemption

unusual

July

on

be

the

bonds

Int.

June

on

"Flat,"

a

and

2,

'

>

i

1

for

trust

the

Cost

of products sold

Provision

ior

of

2,288,151

income

62,560

.

V.

B.

Utilities

of

U.

140,307
Net

Net

profit

profit

snare

'

$1.30
at

March

Dec,

31,

cancellation

.

1947

407,083

$181,188

to

banks,

accrued

taxes

$450,000;

taxes

other

accounts

than" Federal

$1,575,709

Co._

'

Developm't,

$1,351,545

—

oper.

&

TaoceS

general

costs—

Outside

ekplor.

written off—

Depreciation

——^—.2

$1,312,840

578,432

18,000

-.222,417
16,000

4,611

'

___,

9,510

.

Non-operating
.,

I,

.

v

.

\

income

$354,802
_—

and

for

interest

to

-

the

week

(in

"•

$1,807,458
157,443

$1,567,919

_

Earnings
—V.

165,

per

p.

common

1864.

share

,

$0.23.,

;

$0.23

M.r

$0.26

1

1




ac¬

Man¬

serving

motor,

an

ex¬

outstanding

the

call

price

42,691
of

165,

of

the

preferred

$110

stock

at

2413.

p.

Ry.—Merger Authorized—

Commerce

part

a

by the

1946

.

of

Comm'ssion

with

the

May

on

Atlantic

Atlantic

an

20

Coast

Coast

authorized

Lino

RR,

the

Co.

The

reorganization

Line

plan

Commission.

Power

.

-

taxes.

consummation

maximum

the

703,646

1947

of

1946.—V.

22,

totaled

1947

$1.35

as

on

the

Coast

for

exchange

Line

divisional
new

2276.

p.

and

Electric
week

those

f

years

President

and

President

as

165,

p.

a

by

announced

director

Arthur

$200

Pet.

31,224

18.0

--

■

directors have

June

10

16

declared

company.

t

Lee

of

of

and

165,

of

of

15^

~

FOUR

•'

sales

MONTHS

'

■'

7Va

cents

2, 'An

1944;

He.

will

be

the

r,

•

board

i: rt j

u

ENDED
.

'

.'

;

'

■

APRIL

earnings after Federal .taxes__)
Earnings per share on 300,000 shares

-

.

outstdg.

William "W.

'

t

corporation

of

$4,126,000;

fixed

interest,

cash

3V2%

25-year
75-year
dividend

$4

(at

and

Atlan¬

new

income-mortgage 4l/a,%

to

$10,725,551

its

on

Florida

75-year

ACL

$4

share

the

$100

cash

per

reserve

first

Line

and

will

refunding

have

fixed

bonds
annual

divisional

preferred
of

any

income-mortgage bonds,
stock,
1.33
shares
of
ACL

cash

available

for

distribution.

from

$84,135

$247,112

66,079.

56,357

195,540

$237,076
168,137

$51,572

$68,939

ry.

lq46'

2,100

i

$1,064,122
w28,9j2

Nil

oper.

''

after

funded

.

12,000
11,469

2,813

8,696

7,417

$17,163

$21,815

$38,053

$30,511

$45,470

>

4.TO3

interest

1,283

$23,970

$39,333

1,559

3,675

4,582

1,396

chgs.

2,155

$18,299

1,209

—

1,136

$8,145

—

fixed

$19,976 '

$6,351

inc.

froni inc.

deducts,

Contingent

5f700

15,361

,

•

$8,273'

—

income

| Fixed charges

President, said there had been an upswing
vibrators, converters and other electrical supplies- which-

4,000
3,852

1,922

income

Misc.

,

5,109

:

income

oper.

railway

Total

$27,823

$15,482

oper

.

r

1947—3-Mos.—1946

$81,561

accruals-

tax

Net

-

■

1947_ Month—1946

revenues

expnse?_

rents

Inc.

manufactures.

ry.

Other
'

263,516

$0.88

oper.

Railway
Net

G&rstartg,

the sales of

Totals

2545.

oper.

rev.

I"-

30

1947''

Net

Other

since.

$2,931,693

♦Net

in

mortgage,

the

Federal, income ,tax_-__

-.

share, pay¬
distribution

per

initial

none

bonds.

Coast Line,

$8,700,000

4(4%

new

ratable

a

p.

Railway

Inc.—Dividends-Earnings— !
dividend

stockholders of record June
per share was made on Dec.

cents

;

secu¬

refunding mortgage bonds of Florida

penalty interest
disallowed.

are

amount

worth

—V.

B.

Chairman-1 of

.'-'j-

/

to

"
Net

a

i

i

Coast

and

com¬

of

t

».

cash

the

common

15.5

any

resignation

2797.
..

Line

Fonda, Johnstown & Gloversville RR.^—Earnings—

the

of

Coast

•

Bast

obligations.

amount

Total, ry.

the

Keating,

V.

Florida

equipment

mortgage

full

principal

Amount

7,445

the

plan is consummated, holders of Flor'da East Coast 4¥2%
bonds are to- receh'e for each $1,000
principal amount
of
cash, plus all accrued and unpaid interest.
Holders of the series A
5%
first and refunding
mortgage bonds
are
to receive
$91.67 cash, $300 principal amount of the new ACL
divisional
fixed-interest
3V2%
25-year
first
mortgage
bonds,
$175
the

Light Corp.,
1946
were
as

of

from

capitahzation of
requirements of $1,274,062.

&

1946

of

Atlantic

divisional

new

When

Power

increased

accruals

case

first

during

'

present
follows;

first

months

prior
reorganization plan.
existing routes through Jack¬
the Florida East Coast with

exclusive, of

Atlantic

ACL

reorganization

six

ACL

their

as

the

than

$6,000,000.
ICC

The

;.

System inputs of client
Inc., which are subsidiaries

1947

7

and

for

listed

were

of

to

earlier

capitalization

$40,500,000,

holders of first
in

left

was

be

rehabilitation

for

$23,711,500, compared

165,

kilowatt-hours):

May

to

and
improvements,
establshing
a
separate
con¬
tingent cash reserve, of $3,433,370 to provide for
payment of additional
liability of the debtor for Federal income taxes for the years 1942-1945

the

Services

Co.,

at

approved allocation

securities

The

703,646

$l.o9

.

&

corporation

it

over-all

permissible

placed

was

ICC

share),

1944

$152,191

in

of

corresponding

of

of

merger

is

$7,875,000;
new
ACL
participating cumulative
preferred stock, $9,000,000; ACL present common stock

'

period

Light

the

the

of

event

no

Cash. contributed by the

tic

Inc*—Weekly Input—

&

with

1945

$0.04

Ebasco

date

in

bonds, $13,500,000;

* $976,565

$31,526
713,457

May

but

Coast

new

(& Subs.)—Earnings—

1,438

4,189

4,313

$15,302

$16,105

$30,438

$5,539

*

on

debt

2,259

2,259 s

'

"

6,779

'u

u

6,779

'
.

The' company

recently introduced a new line of radios and radiophonograph combinations; including a unique chairside model which
embodies a record-player that'rises .out.'of the cabinet on.an. elevator;
device.—V. 165, p. 1189.
'
'

/ '

1

the

at

retirement

bonds,

quarter

of

thousands

" •

the

$507,800

was

the

East

'

$2.01

like

RESULTS FOR

113,849

$455,562

new

now

2331.

dalling of

redemption

for

dividends.—V.

company

effective

The

$1,650,015

-

.891,821

ended

Power

|

l;

'"

$446,609

this

of

Ry. Co.

228,495

-167,943

Electronic Laboratories,

1

..Net, prpf.it

the

Sales

are

dividends.

previously called

Interstate

The

_

1947"

first

for

companies

directors.—V.

_

$393,951

104,185

the

for

plan provides for continuation of
sonville, to and from points served by
the .Seaboard and Southern railroads.

$1,578,963

$1,735,863

:
-

Service

the

succeeded
of

•'

$351,377

91,807

for

stock

accrued

accrued

approved

.

"

plus

managers,

"Deficit.

profit

and

stage,"

General

them

?

'

provides

preferred

and

merger

-

$1,476,385

1

•

Operating

experimental
and

of

redemption on July 1, next, through
fund, $156,000 of Fairmount Park Trans¬
mortgage 5% sinking fund gold bonds due
July 1,
at par and interest. Payment will be made at the
trustee, Philadelphia, Pa.
'

Florida East Coast

$1,476,385" $1,578,963

-•

__i—:—'

charges and Federal

sales

Thomas

6,040

-<

.

Co.,

$6

plan

The

24,142

259,477

___

$1,216,840

750,618

'188,233

production

'

of

The

applicable

$1,793,095

1945

845,064
,

,

The

on

-142,169

—

20 000

for

Period End.Mar. 31—

of

1946

full

called

amendment

share

a

t

compared

able

1947

than

company has amended its recapital'zat'on
plan pending before
to provide for
payment of the call premium on the preferred

The

77,652

Light Co
204,451
173,227
Electric Power & Light Corp
;
55,581
48,136
The above figures do not include the
system inputs
panies not appearing in both periods.-r-V.
,165, p. 2797.

Ltd.—Earnings—

recovery

beyond the
Vice-President

The

___:

all

American

on

-'3 Months Ended March'31—
Total

is

SEC

stock.

$1,603,105

income

$13,797,369

The

Mines,

electric motor

sinking

first

Trust

The

the

—Increase—

.

V.Dome

of

Federal Light & Traction
Co.—Amends Plan—

$1,680,757

77,652

21,671

i__

Operating Subsidiaries of—

income, $367,178;
15-year
4%
fund
debentures
due
May 1, 1959, $846,000;
capital
stock
outstanding,
$1,706,258;
capital
surplus.
$588,141;
earned
surplus,
$2 081,117; cost cf investment in
subsidiary in excess of
underlying
assets, 19^258,661; total, $6,707,725.—'V.
165, p. 1726.
"
sinking

.

type

new

of the called bonds
may receive immediate payment of the
full redemption price,
including interest to July 1. 1947, upon presenta¬
tion and surrender of said
bonds.—V. 161,

.

divi¬

taxes

entirely

Holders

Ekco Products Corp.—President
Resigns—

and

the

extended,

as

Girard

$101,081;

payable, $857,494;
income,
$70,199; Federal

in

now

been

Co.

1959,

The

abov«*

outstanding
com.
share.

follows

BALANCE SHEET, MARCH
31, 1947
ASSETS—Cash, $445,940; marketable
securilies. $13,880; trade accounts
and
notes
receivable—less
reserve.
$1,000,672;
inventories,
$2,786,027; other assets, $51,878;
property, plant and equipment (after
reserve
for
depreciation of
$1,854,216), $2,308,248; deferred
charges,

dends

motor

Morse, Jr.,
that, "more

are

of

portation

22,753

& E.

companies

shown

ks

taxes

American

as

The decrease
orders.

CONSOLIDATED

total, $6,707,725.
! LIABILITIES—Notes payable

H.

We

operation

430,777

17,387

Associates—

per

For

of

were

1946.

of

air-gap

R.

added

have

merger

"

an

Air-Gap.

Fairbanks-Morse achievement, is
commercially practical today."
165, p. 2412.

rities to

operating

$2.89

31,

share, payable

a

741,600

$1,498,057

£;_'_

subsidiary

A.

Ebasco

$493,597

_

UNFILLED
ORDERS—Unfilled
orders
$6,527,887 compared with
$7,200,335 as of
In backlog was due
principally to

1

with

326,521

$222,015

—*_

per

to

$2,875,888

737,600

'

:____

"After
Net

"

cents

clusive
—V.

par

$2,737,780

210

G.

Axial

as

axial

He

industry.

325,876

minority interest'-___________

profit

Shares

$970,544
150,426

55,137

75

& Co.—New Product—

has introduced

company

"The

$2,550,012

—_1
to

39,741

$417,460

deductions

of

7.

p.

35,330

$131,822

_

dividend deduct.:

165, p. 2276.

"Net

$930,802

17,548
Other

June

to

cording

Redemption

415,451

130

Quar. End. Mar. 31-^

;

.187,181

$399,911

dividend

a

on

ager.

1,900,795

31,065'

Eaton Manufacturing Co.

1,200,335

credits

have declared

J"

1,942,791

amortization..
deductions

Earns,

and

67,501

Fairmount Park Transit Co.—Partial
Redemption—

$2,322,329

28,753

Total

Operating profit
Other

stock

March

There

180,334

61,800

Expenses,

5,972,386

depreciation).

$667,258

422,536
——

'

$249,775

,

$278,529

E.

—V.

448,342

(excl.

734,759

—

extraordinary

taxes

Principles of the axial air-gap motor are
revoutlonary. It is dis¬
tinguished by the fact that the magnetic lines of force
follow a path
parrallel to the shaft (or axis of
rotation) as compared to a radial
path taken by the magnetic flux in the so-called
conventional motor.

631,586

60,308

Non-subsidiary

$8,290,706

depreciation

932,880
67,501
$865,378

taxes

to

requirements

common

Fairbanks, Morse

Months

$3,198,965

to

inc.

effect
income

to stockholders of record
latest dividend, Joseph B.

shares

and

to

Sub.)—Earnings—
9

Fed.

giving

Federal

directors

The

.

Quarter

in

dividend

designated

.

6,930,426

$179,749
43,576

revenues

Balance

(&

before

bonds,

551,679

$223,326

Earnings

_

Dodge Manufacturing Corp.

$1,157,295

justify."
15, last, a distribution of 25 cents per share was
made,
Dec. 26, 1946, an initial
dividend of $1 per share was
paid.
—V. 163, p. 1564.

will

8,381,074

44,129'

.

160,859

.

accruals

res.

Eastern

;

on

-Period Ended March
31, 1947—

$932,880

,

May 26 declared an extra
dividend of 25 cents
and the regular
per
quarterly dividend of 25 cents
per share on
the common
stock, both payable June 16 to
holders of record June 5.
An extra of SI
per share was paid on
Dec. 16, last
year.—V. 165,
p. 2411.
'•

-

29,368

$92,188

$88,997

Subs.)—Earnings—

583,810

44,734

taxes).*

inc.—net

Applicable

share

»

190,375

113,961

the

On

.

1947—12 Mos.—1946
$1,058,049 $13,197,874 $12,012,820

$1,144,302

Applicable to EiTT. A.

1.

is

1947—Month—1946

„

Balance

-

.

,

next,

71.

p.

to

r •'
It",
t
Detroit Steel Corp.—Extra
Distribution of 25 Cents—

in

.

758,958

(inc.

Preferred

.\

directors

165,

t_

Balance

delivery in settlement of
Exchange contracts made
beginning
2, 1947, must carry the
Dec. 1, 1947, and
subsequent coupons.
Interest is payable at the
office of J, P.
Morgan & Co., Inc., New
York, N. Y.—V. 165, p. 2545.

'.The

Y.—V.

revenues

oper.

Misc.

June

•

1,

Payment

Power Corp.—Partial

Balance

quoted ex-interest 2%
continue to be
dealt in

shall

.

reg¬

interest

16,184
14,247

policy in

series due 1961, at 102 and interest.
Payment will be
City Bank Farmers Trust Co., trustee, 22 William
Street,

N.

Operating

due June
1, 1947, on the mortgage
4%
bonds, due 1995,
will,be paid on and after that
date, and the New York Stock Ex¬
change directs that the bonds be

that

the

York

Operation

Retir.

221,094

14,626
'

to the regular 50-cent quarterly rate."'
He added that
intention of the company "to follow a more
liberal dividend
the future" and that the new
quarterly rate "may be sup¬
plemented with extras from time to time as
earnings and finances
it

called
for
redemption on July 1, next, through
sinking fund, $185,000 of first mortgage bonds, 3!4%

Maintenance

Detroit & Mackinac
Ry.—Pays Interest-

1947;

reductions

collateral

been

the

fund

Non-oper.
appointed

1,108,729

on

Eastern Utilities Associates (&

,;

Co., New York, N. Y., has been
stock, $1 par value.—V.
165, p. 71.

Dr 159

$1,407,758

17

while

ior

Period End. March 31—

Net

3,582

$1,237,216

Montgomery, Jr., President, explained,
"is considered
to be a 50-cent
regular dividend, which the manage¬
ment hopes to
continue on a quarterly basis, while the 25 cents is
to be considered as an
extra to bring the 25-cent declaration of
the

$4,299,323

$12.87

130

$122,620

amortization-

charge

This

_______

$4,815,860

313

$103,623

___

Empire Steel Corp., Mansfield, Ohio—75-Cent Div.—

seem

called

New

of

York,

Taxes

$1,407,918

372~525

165, p.-2412.

June

4,343,237
2,009,073

$5,924,589
1,108,729

stock__

preferred stock

charges

coupon.

trustee May 23 rejected
the single bid
received May 22, for
$1,530,000 of equipment trust
certificates, maturing Jan. 1 and
1948-62.
July 1,
That
offer, submitted by Halsey, Stuart &
Co., Inc., and
associates, named a price of 99.0191 for
a
2lA%
coupon.—V.
p. 2664.
165,

$1,233,634

__

income

The

1,988,352

_______

pref.

and

-V.

Redemption—

has

at

$122,489

revenues

Applicable

of

sinking

per

fixed

395,712

$103,310

Preferred

taxes.

directors

There

415,080

as

1946

1,833,809

—

have

operation

The

•

bonds

2797.

p.

4,419,057

interest.

the

3%

current

165,

April 1, last, the 6% preferred stock received $1 per
share, as
against 75 cents on Jan. 1, 1947, $1 on Dec. 28, 1946, and 75 cents
each on Jan. 2, April 1, July 1 and Oct.
1, 1946.—V. 165, p. 2412.

fixed

on

333 287

34,761

first quarter up

Eastern

that
(3%

list

the

carry

contingent

*

'

23

bonds,

admitted

interest"

delivery, the

and

coupon,

on

mortgage

interest),

29,023

36,496

reduction

On

& Salt Lake Bonds—

Stock

293,760

1,676

46,152

Earnings

May 22 declared a dividend of $1.50 per share on
accumulations, on the 6% preferred stock, par
$100, and
the regular quarterly dividend of $1.12
% per share on the 4Va% prior
preference stock, par $100, both payable July 1 to holders of record
June 13, out of earned surplus accumulated after
Dec. 31, 1944. Arrear¬
ages on the 6% preferred stock will remain at $37.75
per share.

however, determined that dividends
had
accumu¬
on the preferred
stock at the rate of
$5 per share for each of
1943 and
1944, but that no dividends had
accumulated on
class of stock for
1945 and 1946.-

303,333

1

Extraordiary reduc. in

bonds,
102.051,

3,474,804

Increases Dividend—

years

this

at

Life Insurance

be
made at the State Street Trust
Co., trustee, State and Congress Streets,
Mass., or at the holders' option, at the Bankers Trust
Co.,
16
Wall Street, New York,
N. Y., or at the Mellon National Bank
& Trust Co., Pittsburgh, Pa.-

years.

lated

Co.

$15,652,259 $12,639,985

taxes

discount—

on

Int.

Net

1947

fund, $400,000 of first mortgage
series, due 1965, at 102.02% and

The

184,442

25,000

277

Balance

•

Associates—Earnings—

————

income

account

407,000

251,616

___

income—net

Special

acquiring the

and

May 26 said that

$4 ,061,359

1,709,909

12,606

taxes

oper.

Other

Boston,

on

franchise

taxes

Net

cents

share.—

per

mortgage
&

distribution.—V.

sinking

the directors have
deferred consideration of
the declaration of
dividends on the new stock
issued in the
reorganization, which became effective
April 11, 1947.
Mr.
McCarthy added that this action was taken
in view of
wage negotiations and the
pending
large amount of Federal income tax
for prior
liability
The

Other

V

....

Mutual

income—_

share

per

There

of

of

Fed. inc.

.

month

Denver & Rio Grande
Western RR.—Defers Action
Preferred Dividend—

.

$2.75

McLear

Provideht

company

resale

applicable to 6%

Partial

airline's

the

to

3V2%

was

Amort,

each quarter during
disbursed on Dec. 27,

1946

depletion—..—:_i—__—

requirements

Federal

in

also

»

income

Net

April

average

during

of

to
for

which

tf*..

"Including

the

"sale

ager.t

income

Interest and

Div.

and

was

„

3 Vis

as

and not

and

rate

$4 248,537

114,390

26,666

—__

Depreciation

.

1947— 12 Mos.- -1946

140,637

___

Maintenance

Service Co.—Bond Sale—

the

the

as

consolidated

"Provision

announced.

which

1977,

bid

Philadelphia,

Earned

during

traffic,

with

Depreciation

wholly inadequate.

last,

share

per

,

*

Traffic Up—

Vice-President

consecutive

10,

brought total payments in
"...
/;•' '

connection

of

1947—Month—1946
$369,857
$338,271
16,318

Operation

date

50

paid

1588.

A,

revenues

-

12 Months Ended April 30—

net

the

.

Operating

declared-a

.

prospect,

•

Co.—Earnings-

period End. Feb. 28—

dividend of 30 cents per share on
stock, payable June 10 to holders of record
equivalent to 60 cents per share on
the stock out¬
to - the two-for-one
split-up, and on which
of-75

p.

Balance

.

have

Eastern Gas & Fuel

r

$750,000, which he termed "insufficient

increased

that

of
'

extra

investment

an

by the non-operatjng railroad unions
hour, Mr. White said that "each cent
the Lackawanna
$270,000, or a total

qpon

165,

than

more

•.

results,

first

but

should

cost

year."

current

for

Net income for the
to

fallen

demands

amendment

stockholders

.

which

latter

the

$2,271,000 realized from rate increases

granted.

current

increase, if granted, will

of

of

part, last. year,, had
the wage increases

meeting

Citing

In

a

revenue

in

El Paso Electric

charter

a

two shares for one.
The
became effective at the close of

is

East Coast Public

.

allowed

except

approved

stock,

were' mailed.

common

This

year,

$36,200- realized in
1946,-he said, "meant
black instead of a red
ink figure."
He attributed
the marginal
amount entirely to increased
wages and payroll
taxes.
The increased
freight

nothing

shares

,

started,

■

15

common

annual-meeting,
and certificates
entitling

17

standing prior
per share was

structure,

company had paid off all taxes in arrears
Jersey and Federal income taxes in arrears
when

proceedings

The

,•

"

May

1

May

New Stock to Receive Cash
Dividend of 30 Cents—

and the-saving Of $251,000
reductions," he said, "will

debt

May

additional

retirement

mergers,

on

the outstanding
voted at the

split,

mergers,

ferry

of

transactions had

$5,285,000,

"Further

the

reduction

a -

explained
market

of

r

.

the

stated that
State of New

the

of

and

$4,662,000,

also

revamping of

White

merger

to

open

reduction, during -1946,1

in fixed
have to

market

the fixed
charges
1940 charges.
He

ferry company bonds

debt

open

completion

stockholders

splitting

J

—'

that"

The

;

J-

-

' '

•

■

r

Net

income

•

$3,279

—

-

-V..165, p. 2413.

$13,043

$9,327

4,142

3,269

12,424

$23,659

-

,

9,807

6

Ford Hotels

Co., Inc.

Unit—

shares of
(common stock
valued at $300,000
President, in ex¬
change for his 20% interest in the Ford Hotel Co. of Ottawa, Ltd. The
Canadian
company
was
organized in 1941 to build the Lord Elgin
Hotel in Ottawa. Of its common stock 80%
was issued to the Ford
Hotel Co. of Toronto, Ltd.,
a
wholly owned subsidiary of the Ford
Hotels Co., Inc., and the remainder to Mr. Udd.—V. 163, p. 2436.
stockholders

The

approved

have

20,000

the issuance of
to John C. Udd,

operating

Depreciation

V.

•

310.

161, p.

•

directors

The

declared

27

May

on

Dividends

$7,636,907
5,449,732
527,346
264,367

$2,145,363
793,908

$749,901

$1,395,463
627,500

—

166,408

Net
Net

"Including

county

.State,

penses,

,

raw

share

938..

terminate

will

the

of

pursuant to which the voting trust cer¬
stock, par value $1. have been, issued,

stock

the

on

areccrd

year;

York

New

at which time there will be admitted to dealings, in
shares of common stock, par value $1, of the

1947,

therefor the

since.
The usual quarterly dividend of 75 cents per share on the class
A stock,
no par value,
was also declared, payable July * 1 to holders
of record June 21.—V.
161, p. 7.

last
,

■the

none

—V.

1

165,

authorized

Walter Baker Co. division has been
toy the Office of the Housing Expediter to construct a one-story ware¬
house in Boston,
Mass., at a cost of $450,000.
It will prbvide' airconditioned storage space for chocolate and cocoa products.—V. 165,
corporation's

The

depreciation^
& adm. exps.

Total

the new $1 par value common stock, payable June 14 to
June 5.
An initial distribution of like amount was
these shares on March 1.5, last.'—V. 165, p. 1070.
. "

made

on

'

■

' '4

s

the

for

output

for

taxes
Net

week ended May 23, 1947 amounted to
128,250,136 kwh., an increase of 18,656,059 kwh., or 17.0% over the
same
week last year.—V. 165, p. 2798.
electric

The

General Refractories Co.—Larger
directors

share

23

stock,
last,

capital

the

on

May

on

cents per
of record

Georgia & Florida RR.—Operating Revenues—
*
- v Wk. End May 14
Jan. 1 to May 14

—V.

$42,700

Paul
H.

Co.,

Krez

J.

Gousha

M.

Co.,

director suc¬
Mr. Glavin i3

434,409
$3.22

2,172,045
$2.53

434,409
$3.35

&

deductions

'

—

•

approval of the Facilities Review Com¬

branch
estimated cost of $545,383, it was
a

Earned

Inc.—Earnings—

>

-v

„

1947

$873,569

L__f

1943

"$417,772
*
Nil

'

$1.34

share_______l_____2__-__l

common

per

.A;

-

,

with plants
Estherville,

ending

months

three

the

'For

$5,546,856,. a

March

quarterly record.—V.

new

31,

165, p.

billings

amounted

to

1866.

Div.—

Hollingsworth & Whitney Co.—Larger Common

2546.
1»

.

declared a dividend of 37ya cents per share
payable June 12 to holders of record May 29.
■This compares with 25 cents paid each quarter from June 12, 1946,
to
and including March 12,
1947.
In addition, an extra of 50 cents
was paid on Dec.
12, 1946. .
Prior to
the two-for-one
split-up of the common stock early last

20,710
39,182

18,465
37,383

$145,361

$29,384

V

.

Net income before

Federal income taxes——

MARCH 31, 1947

BALANCE SHEET,

banks and on hand, $492,979; U. S. Government
special deposits, $56,456; accounts receivable, in¬
sales (less reserve for. doubtful accounts), $329,265-;
inventories, $332,033; prepaid insurance, $8,122; accrued interest- re¬
ceivable, $1,486; deferred charges, $9,211; cost cf work in progress
not allocated.
$12,714; lands, buildings and equipment (less reserve
for' depreciation of. $1,804,473), $3,999,367; total, $5,316,633.
LIABILITIES—Accounts payable, $182,115;
dividends on ,cumula¬
in

ASSETS—Cash

$75,000;

securities,

cluding unbilled gas

stock declared but unclaimed, $1,15S;
Federal income taxes payable over ■ the
customers' deposits including interest refundable
only on discontinuance of service, $96,636; customers' advances for
construction,
$4,983; first mortgage 4%
sinking fund bonds dated
April 1, 1941, due Anril 1, 1956, $595,000; reserve for maintenance,
$31,032;
$3
cumulative preferred stock
(23,400 shares, no par),
$1 170,000; common stock (par 50 cents per share), $2,347,053/ earned
surplus, $695,121; total, $5,316,633 —V. 165, p. 1591.
";
preferred and common
liabilities, including

tive

accrued

$143,538;

1947,

year

"Loss.
.

.

income taxes——

Fed. other than Fed.

State
Total

May

on

'

_

,

CONSOLIDATED

Housing. Expediter, to • complete

the

of Representatives.—V. 165, p.

'

par

Quarter Ended March 31—
earnings after taxes

2277.

p.

of

Hewitt-Robins

'

the election of John J. Krez
President and Treasurer of

director of T'obin Packing Co.,
N.' Y.,
and Fort Dodge and

Rochester

165,

2,172,045
$0.49
in

Net

insulation contractors, Chicago; Vice-President
manufacturers of road maps with plants in

and in California;
and Albany,

Chicago
in

Iowa.—V.

2,172,045

Springs, Md., at an
21.—V. 165, p. 2793.

Silver

V

Director—

Gerity-Michigan Die Casting Co.—New
James Gerity, Jr., President, announces
to the board of directors.
Mr. Krez is
the

4,235,488

; •

/

"•■of

543,011

received

has

Office

the

of

announced

$875,953

$889,108

2798.

p.

'6,787,735
$3,625,977

shares

change

company

in

store

1946

1947

1946

$47,650

revenues

165,

3,181,965
$5,493,876

(The) Hecht Co.—To Expand Store
The

Period—

Operating

985,135

share

per

V*

.

..

.

Glavin of Twin Falls, Idaho, has been elected
late E. J. Ostrander who died last Sept. 17.

speaker of the Idaho House
;
;•
*

a

1947

Elected—

(& Subs.).—Earnings—
3 Months Ended March 31—
1947
1946 ■<.
."Production sales and operating revenues———
$929,980
$595,390
Manufacturing and operating expenses612,415'
412,618
Maintenance and repairs
—-—i——
66,334
57,972
Administrative and selling expenses—
40,286
34,682
Insurance
:
—:————i—-——
5,623
4,883

value from $25 to $5 was effective on
Sept.: 17, 1946. ' On the basis of 2,172,045 capital shares outstanding,
the earnings per share in 1946 were $0.64 and $1.67 for the, quarter
and year respectively.—V. 164, p. 2691.
... -

mittee
•

to complete, is

.

Indiana Gas & Chemical Corp.

1 .<

$1,400,771

dividends

Earnings

Distribution—

declared a dividend of 50
payable June 27 to holders

28,

;

.

.

•-.,651,614

period

for

Outstdg.. com.

distribution of 25 cents was paid.
Payments in 1946 were 'as follows: March 29, June 27 and Sept.
27, 20 cents each; and Dec. 27, 40 cents—V. 165, p. 1315.
March

On

3.

.June

■

$1,065,628

(est.)

NOTE—The

The

'* v.
656,000

income

Fed.

profit

•Cash

.

'

$20,000,000.

at

-Barney

•

$8,675,841 $10,481,72&
-56,441\
68,016'

1• *'

*

Corp.—Weekly Output—

General Public Utilities

development program.
i
of the Oxbow power develop¬

take approximately three years
•""/./
;

which would

estimated

$2,442,347

charges

Prov.

of the

Oregon,

in

project,

$8,500,123 $10,371,243
175,718
110,481

$2,401,706
40,641

$1,721,628

income

Other

record

of

35,750

income

the western end

ceeding the

cents

regular quarterly dividend of 15

a

share on

per

holders

\

declared

have

directors

Other

$1,685,878

income

Operating

Common Dividend—

.

.

the needs of a rapidly growing
supply at principal load centers, is

step in the- company's power
plans are for the completion

next

New Director

General Phoenix Corp.—15-Cent
The

Mar. 29,'47 Mar. 30/46
$57,150,771 $55,310,297
11,190,532 44,016,927
40,668,319
186,459,
758,742
755,752
907,532
3,874,980
3,514,978

10,317,143
182,824
986,633

sold----.—

goods

for

Sell,, gen.

Prov.

a new turbine in No. I
this will increase the capacity

about 50 miles north of Huntington on Snake River.
The company's small plant at this location was built by a predecessor
company, which partially deyeloped the site. Plans call for a diversion
dam,
an
additional tunnel and enlargement of the present tunnel
through the mountain which forms the "Oxbow" in the river, and
construction of a new powerhouse embracing four
generator units,
with a capacity of approximately 125,000 kilowatts. The cost of the

Mar. 30,'46

164, p. 1207.

1589; V.

p.

Cost, of

_

is obtained,

power

hydroelectric plant to be located in

Present

$13,672,478 $14,686,229

_

'-J

'

diesel

additional

large

the

-12 Mos. Ended

Ended

Mos.

29/4^

Mar.

sales

Net

substitution
corporation.

(& Subs.)—Earnings—
3

'

A

ment

Period—

$2.86

Plant—

meet an:increasing

company's system, to provide for
territory and to balance the power

2002.

p.

Hazel-Atlas Glass Co.

Expand—

General Foods Corp.—Division to

•

value

par.

$1,276,068
$2.84

$1,286,525

$0.65

Expects to Develop Oxbow—

;

voting trust certificates representing
$1, will, be suspended from dealings on
Curb Exchange at the opening-.of business on June 3,

stock,

common

the

foregoing,

the

of

view

In

the

directors on May

$290,790

$0.74

,

Unit for Salmon City
will

company

After

certificates.

Manufacturing Co.—Declares Dividends—
•,
20 declared a dividend of 25 cents per share
class B stock, no par value,
payable June 10 to holders of
May 31.
A like amount was paid on Sept. 10 and Dee. 10,

Gemmer
The

divs.

trust

represented by the voting

corporation

the

of

347,449

hydroelectric unit is to be installed, and
of this unit by one-third.

trust certificates have been requested to Surrender their
to receive in exchange therefor certificates for shares of

common

400,000

hydroelectric units.

provisions, and holders

1947, pursuant to its

3,

voting

certificates

the

June

on

100,000

$334,749

surp.

715,439

$1,633,974

electric load in the Salmon
City, Idaho, area with the installation of another diesel unit at the
power plant. The new unit, which will be put into operation early this
summer,
supplements four diesel units already in operation and two
-The

!

Corp.—Voting Trust to Terminate—

voting trust agreement,

&

650,977

$1,676,068

ccm.

New Diesel

•

-

for

Earnings per com. share

tificates representing the common

stock, payable June 12 to holder^
of record June 4.
An initial distribution of like amount was made on
Feb. 28, last.—V. 165, p. 2276.
" *
f

avail,

stock

v

the

for

178.593

$390,790

100,000

to pfd.
period.

applicable

stock

$3.75

p.

1,27.7

.$434,749

Net 'income
Divs,

$916,309. .$2,022,9.63

taxes.—V.. 165,

Federal

and

Hartford Rayon
The

.___

$2,349,413

167,523

deductions

Income

$8.26
materials, operating, selling and administrative ex¬

capital

per

"

$2,939,271
$12.00

income

income

$2,327,045

$602,272

income

Gross

Bal.

share on the common

cents per

30

received

$569,388

$538,947

52

(net)—

income

1,518,244

'

$4,608,183
3,568,147
120,235
169,900

■

$2,305,843
21,202

$2,348,136

441

$602,220

oper.

'

regular quarterly dividend of

a

depletion

and

income

Net

Co.—Dividend No. 2—

Frontier Power

costs—

$8,135,682
5,787,540

revenues/—

Net

Mar. 31,'47

$8,665,868
6,360.C25

$2,087,192

Other

Mos.—1946t

1947—12

Mos.—1946

$2,256,894
1,654,673

End,
Dec. 31/46

$12,245,090
9,017,878
647,582
434,266

income

■"Costs, oper. & general expenses

Works (Pa.)—Calls 6% Bonds—
first mortgage convertible 6%
gold bonds
due July l, 1950 have been called for redemption on July 1, 1947 at
,102 and interest.
Payment will be made at The Union National Bank
of Pittsburgh, trustee, Fourth Ave. and Wood Street, Pittsburgh, Pa.
Bond
holders
are
granted the right to accept, in lieu of cash,
tout in full
payment of bonds redeemed, .common stock of the cor¬
poration, valued by it for this purpose at $15 per share.
No fractional
shares
will
be issued,
and bondholders electing to receive common
stock will receive cash equal to the value of any fractional shares.—

1947—3

Operating revenues:
Oper. rev.' deductions-

3 Mos. End. 6 Mos.

9.Mos. End.
Mar. 31,'47

outstanding

the

of

bonds at The

Hancock Oil Co. of Calif.- -Earnings—

Fort Pitt Bridge

All

.

be exchanged for permanent
York, N. Y.—V. 164, p. 2546.

Period—

Gr'css

-Earnings—

Idaho Power Co.

1947, only permanent bonds

5,

Period End. Mar. 31—

Intangible development
•

June

beginning

delivery.

a

Temporary bonds may
New York Trust Co., New

-

.

be

shall

that

bonds;

manent

Acquires Interest in Ottawa

—

1947

Monday, June 2,

FINANCIAL CHRONICLE

THE COMMERCIAL &

(2926)

.

The directors on May 23

Globe Aircraft Corp., Fort

Worth, Texas—Stock Regis¬

tration Is Held Inaccurate—

xegistration statement filed with the SEC
recommended May 27 by a hearing officer
of
the SEC
on
the ground that the registration included
"untrue
statements of material facts and omitted required material facts."
The statement covered 150,000 shares
($10 par) 5:/2% cumulative
convertible preferred stock which was sold publicly in April, 1946.—
A

'

order revoking
corporation was

stop

by

the

V.

a

the

on

sales

Net

50 cents was made on March 12, 1945.
•
\
dividend of $1 per share on the $4 cumulative
preferred stock was also declared, payable July i to holders of record
13.—V.

At

profit after taxes.share on

—V.

board

the

to

meeting held May 27,

the following were

Holder,

Wm. R. Crawford,

directors:

of

E.

Perry

La

France,

Robert T. Dunlap, Wilbur W. Gibson,

2670.

Operation

_

Greyhound Corp.—Stock Distribution—

Prov.

announced that notice
an amendment to the
certificate of incorporation will be filed on June .5,
1947, pursuant
to
which
each share
of
common
stock, of no par value, will be
changed into three shares of common stock, of no par value, by
the distribution on June 17, 1947, of two additional shares to holders
The

of

York

New

each

share

distribution

the

record

June

5,

that

directs
until

on May 23
corporation that

the common stock be not
notice.—V. 165, p. 2798.

further

1947.

All

quoted

ex

Fed.

taxes

oper.

Garbisch,

W.

President,

has

officer

executive

chief

and

Chairman

been'named
the

of

and

company,

-V.

Ross

formerly Executive Vice-President, has been elected President—V.

1,463,793

2,823
$445,802

$394,055

$4,510,842

83,446

1,054,849

86,946

__

$4,139,494
/, 1,025,660
$3,113,834
*
389,588

$310,609,: $3,455,993

389,588

period

stocks for

pfd.

$3,066i405,>$2,724,246

...

165, p. 2414.

1947—Month—1946

Period End. Feb. 28—

$1,524,252

Operating revenues

611,741

Operation
Maintenance

-

Fed.

Income

Other

taxes

"

1

Net

___

■

Special

1947—12 Mos.—1946

$1,354,434 $17,180,914 $17,591,683
477,575
6,457.931
6,532.779
76,695

1,061,170

1,036,123

133,332

1,746,532

1,554,973

16,776

16,150

201,535

134,838

1,709,-216

2,181,637

110,375

1,394,135

1,301,063

$405,466

$4,610,393

Br2,647

6,139

$402,818

$4)610,533

/ 54,897

77,035

798,052

$4,717,864
925,832

33,076

330,765

'66,153

charge

Applicable

to

$3,725,879

1,045,242
3,487,716

2,680,637

528,000

requirements

common

$3,487,716

528,000

$2,959,716

stock

$2,152,637

165, p. 2414.

The
of

New

first

4,

York

mortgage

revenue—:

oper.

688,595

Stock

bonds,

$819,299'/ $2,344,052 X $2,378,519

$799,342

taxes

expenses

&

$130,747

Operating income —
Non-operating income

" "

1,815,675

654,130 ' '1,945,434 V

$165,169./
8,888

9,679

Exchange

2%%

on

series

May

due

16 directed that deliveries
1976, up to and including

1947, may be made either with temporary bonds or with per-




86,059

$659,333

$187,5§4

—___——

165,

p.

20C2.

Corp.—New Vice-President—

Admiral Ellery Wf Stone

'

$398,618

$562,844

,

on

$140,425

income

charges

______

'

inc. bonds

adj.

$174,057'"'
133,262

131,724

-

96,045 f-.r,.

90,642

$427,654
395,372

271,925

$589,509
"

■

-

-

"Exclusive

_

_

$239,643

$55,250

$81,940

_

of interest on

$98,424

//

7

Investors

an

Fund.—V. 164, p. 2692. '.

■
■'
•'.• y
Ironrite Ironer „Co^—New

v..-

the

company

•;

•
•

■
*

..v,

•

_

..

Director—

who .,4s Vice-President and
and has. served it in various

Dabney,"

R.

W.

Zof

; >

-I-'

:■
■

.
;

y\
».-,'7 • t
;; %/

General Sales Manager

capacities for 21 year's,

elected director to succeed the late Robert Potter,. New
York City.
In the past •two,.years he has been a central figure
the
concern's expansion program, which has included the move,

adjustment income bonds.—V.: 165,- p. 2278.

been

has

in
to

.

Hudson Pulp & Paper

Corp.—Debentures Placed Pri¬

vately1—The corporation has sold privately a new issue
Of .$1,000,000 of 3Vz% sinking fund debentures, 1947
seriesr due July 1, 1966. The issue was placed, by Lee
Higginson Corp. Proceeds will be used for plant ex¬

pansion.—V. 164, p. 1085.

;

165, p. 2799.

tionate

.

6S99) filed with the SEC Aug. 22,
of common stock (par $1), has

162,

.

p.

2394.

Johns-Manville Corp.—25-Cents on New

Stock—

■

<

declared a dividend of ?5 cents per share on the
increased cemmon stock, payable June 17 to'holders of record June 9.
•This is equivalent to 75 cents per share on the old common stock outstanding prior to May 12, 1947, when the three-for-one stock split-up
became effective.'
The old common stock received 7$ cents per share
on
March 10, last..
Last year, the following payments were made:
March 11, June 8 and Sept. 10, 75 cents each; and Dec. 10, a year-end
Of $1.25.—V. 165, p. 2672.
The

*

plant with three times the former facilities and propor^
increases in production; distribution and promotion activities.

present

—V.

•

(

The'registration statement'(No.
1946
and
covering 140.000 shares
been withdrawn.—V.

its

Inc.2—Registration Statement

Withdrawn—

,

a

1945

'manager for the

399,796

288,137

Dividend—

dividend of 23 eents per share-was paid on Nov. 26,
initial'payment of 20 cents was made on Nov. 26.
Syndicate-" is/-the ; principal • underwriter and; investment

Last year

-

.'..i.

Gross

'

"Income

Fund, Inc.—7-Cent

directors,'it was'announced on'May 21/have declared a divi¬
dend of seven cents per shares for/the. secondf quarter of the /current
fiscal year, payable . June 20/to* stockholders of record May 29... This
distribution is derived exclusively from interest and'dividend income.
A similar distribution was made on March 20, 'last. . ;

26,665

29,036

,

Investors Selective

"V The

'while in

International Dress Co.,

Hackensack Watsr Co.—Permanent Bonds Ready—

June

Oper.

Deficit

$292,707

$288,471

—™

12,644

85,573

has been elected1 a Vice-President of
•;? this corporation. A. He .has \ just' returned ;• to. this country following . a
;, distinguished war: career '.during the past, four ... years in the Mediter¬
ranean/theater.—V. 165, p. 2799. '///*', y
.-"r ; •
.....
Rear

y

1947—3 Mos.—1945

Z>r73,431

.

356,778

/ 15,155

—

I

International Tel. & Tel.
-'t

$4,791,21)6

$345,360

$343,368

dividend

Gross

RR.—Earnings—-? ,vy?

1947—Month.—1946

Mar.-31—

193,809

166,440

Extraordinary reduction in Fed. inc. taxes—1_
Earnings- before giving eifect to" tax reduction
result, from amortization of emerg. facilities

-V.

'

Drl,992

amortization—

Preferred

-

Period End.

Int.

revenues

income

Net

'

!

income—net

and

•

154,167

adj.

Balarxy
Int.

-

122,360

acq;

taxes
-

'

oper.

Other

.

107,405

_____

Depreciation
Amort,
plant

'

70,000
"$267,918

393,056

i

"Income.—V.

"

Hudson & Manhattan

Gulf States Utilities Co —Earnings—

70,000
$165,549

165'

209.

p.

costs

rail removal anci paving
bus substitutions——:

future

Operating deficit before taxes—U—1 J
/- -<
I.
.Ml
-V r.. „
income deductions (net)2
Interest on bonds
_l__L—

T&X6S

i

$4,444,381
$4,077,605
66,461..' 61,839

___

to

—,

Total

$358,856

Balance

the

of

S

J

4,112,430
1,446,410

2,631,201

114,636

$388,427
5,623

income

Grocery Store Products Co.—Changes in Personnel— Edgar
board

192,642

122,827

$442,979

applicable

:

——:

3,200

2,400

215,745

taxes.:-

deduct.

——^———■

for

Provision

2.757.4R9 ' 2,230,304
266,309
250,436
46,515
; ——

-

-

—-2__—'—_—i

_■

•

Retirements

!

\

1946.
$2,818,658

1947
$2,974,763

March 31—

-

Depreciation

and

revenue

income

Co.—Earnings—

revenues

Expenses

account

income

Dividends
:

TotM

Deficit

Total

'

•

f

'

200

200

———

income—net

Gross

Net

'

inc.

profits

other

Other

%

.

159,649

__

investments

for

Net

210,299

——

1947—12 Mos.—1946

Ended

Months

3

$1,588,974 $21,719,507 $20,389,421
606,321
8,981,047 " 7,215,552
137,923
2,344,651 ' 1,619,931
148,825
1,847,034
1,914,242

$1,816,957
665,258

ltd.-term

of

excess

Exchange

from

of

Exchange

The
.said

Stock

received

been

•_

Depreciation
Amortiz.

electric

has

1947—Month—1946

Period End. April 3Q—

Oper. revenues—elec.
Maintenance

'

,

*

1729.

165, p.

Houston Lighting & Power Co.—Earnings—

Directors

Douglas C.
..Lynch, Ralph L. Corey, Parker Allen and Harold F. Ray.—V. 165, p.
Ward

A.

1591.

165, p.

,

^2,546.,911
L' VZ
$0.54
"
' «

—

—

364,864 common shares

Earnings per

International Railway

annual stockholders

the

elected

THREE

FOR

RESULTS
Net

year, a distribution of
The usual quarterly
June

Co.—Sales and Earnings—•
MONTHS ENDED FEB. 28, 1947

International Furniture

165, p. 2798,

Great American Industries, Inc.—Three New

,

stock,

common

directors have

[Volume

165

THE COMMERCIAL & FINANCIAL
CHRONICLE

Number 4599

k
Joliet & Chicago
Pursuant
Co.

and

to

the

\ Loft

RR.—$29.75 Dividend—

amended plan of reorganization of
to
consummation
order
and
final

pursuant

The

Phe Alton RRof

decree

Court,'which

A

was entered
May 28
1947, payment will be made on or
about June 5, 1947, to holders of
capital stock of The Joliet & Chicago
RR. of record at the close of
business on May 31,
1947, of- $29.75

per

1,

share,

equivalent

1947.
New
&

cash

quarterly

dividends

York

Stock

Chicago

payment

Exchange

6tock

such

on

capital

until

May

on

stock

quoted

(stamped)
be
not
notice.—V. 159, p.' 1148.

further

payment

1946.—V.

16,

made

was

164,

on

dividend

a

15
Jan.

of

15

cents

holders

to

of

record

last,

7,

and

SEC

sell for

on

cash

May

21

the

approved

company's

petition

Period End. Apr. 30—

1947—Month—4946

Net

,

$11,181,695

1,643,906

,6,793,195

6,323,103

$806,653

$4,388,400

$3,111,568

145,000

890,000

470,000

for.

130,000

653,000

510,000

of-one

taxes

v

Lorain
The

facility
JOr)
Net

rents

$2,845,400

14,484

25,217

487,188

',

$554,702

'

$392,755

this

on

per

share,

Net

on

fr,

rev.

Other

etc.—-V.

22

are

shares

given

at

$20

shares

seven

165,

(Including

sales

Wholly

Owned

Domestic

Subsidiaries)

expenses—_—

Operating profit
Other
Profit

$926,150

$1,706,033

wholly
subsidiary
Star

Total

312,669

287,553

___)

156,859 J

Co._J

I

;

income

Earns,

79,887

78,653

85,313

412,288

1,170,600

per

sales

$702,173

115,227

$2,045,963

$1,331,516

547,000

175,000

$644,651
599,760

$586,946
599,760

269,254

320,008

6,354

26,778

1,199,520

share*

$1.48

statement

for

the

$1.07

12

months

$203,068

$144,827

$846,619

$1.14

March

31,

—V.

of

and

sales), $72,487,090; cost of sales,
$6,739,302; profit from opera¬
(net), $899,330; gross income, $8,912,interest, $334,335; estimated Federal,
income taxes, $3,213,885;- net .income
after

Canadian

Laclede Gas Light Co.

Federal

$3,973,738

!

137,281

retirements.

income

operating

Total

other

101,249

revenues.*—

icome

138.136

Other

Gross

f

6, Co 6

$989,139

$779,314

192,432

income—

9,619

the

'

■

/

:TTi

Total

$586,882

5%

$1,967,319

$0.24

-

$0.81

$0.31

753,000

2,196,800

and

to

elected President, to
the board.—

•

.

.Miss

serve

General

as

offices.

in

1,496,127

C.

He

Office

assumes

Manager

most

of

the

Appel

has

been

appointed

and

Irving J. Shapiro, Treasurer.—V.

The

company

62,934

63,700

284,635

Other

,C.

L.

its

subsidiaries.

announces

Patterson,
has
in

—V.

165,

been

New

She

the

will

also

appointment

Superintendent
elected

York.

General

He

"

2672.

p.

of

.and

before

of

succeeds

;

S.

&

$1,536,628

$4,666,074

$4,884,074

415,991

1,633,480

1,654,153

$1,059,514

$1,120,637

$3,032,594

p.

the

to

serve

740,734

1,204,677

876,549

,

dom.

joer

*L0SS.f-—V,, 165,

$1,861,371

$4,237,271

J.

R.

company's : New
the road with

Grove

profit

who

has

Reserve

25,000

25,000

100,000

:

100,000

Net

*225,808

1,279,038

210,117
31,944

253,141

>170,879

574,801

88,659

409,203
1

79,338

$178,509

*$467,869

$451,096

Nil

$0.44

244,004

244,003

976,015

976,014

387,691

387,691

1,550,763

1,550,763

Per

share

.For

the

revenues

the

same

after

Inc.

2,723

per

Mr.

1946

$10,941,914
8,947,784

—

'!

$4,694,103
4,038,003

46,815

42,004

$1,947,314

*******

::

$614,015

and

dividends

received*

10,606

16,899

—

32,935

42,863

*

—*—1

i

$1,990,856
<

•

■

$673,778

7,503

29,709

842,000

245,00ft

—

estimated Federal income taxes.

share**:

common

$399,06»

$0.55

$0.09

York

Stock

mortgage

Exchange

bonds,

May

on

due

1966,

....

directed

16

up

and

to

that

deliveries

including

May.29,

be made either-with-temporary bonds or with permanent
that beginning June 2, 1947, only permanent bonds shall be
bonds

may
be exchanged for permanent bonds at the
Trust Co.,-New York,-N. Y., and The First Na¬
Chicago, trustee, Chicago, 111.—V. 165, p. 2800. !

Bank Farmers
Bank

of

.12 Mos. End. March 31—

Operating

4,700

$1,607,770

$1,607,770

$1,204,677

company

for

the

24,

March 31—

'

"

-

sales**_i__

net
per

■Period End.

share

and

partly

'

Etc.-^

posed

1947

Apr. 30—

after

all

ex--

->

common

weeks

period last

1,378,274

*

preferred stock

1,409,363

$2,622,045

$3,271,226

190.000

190,000

$2,432,045

$3,081,226

——

bidding

$1.38

Joslin;' formerly

Lowenstein

}

'

:

that

Mr.

an

Executive"
been

Lowenstein

part in the management of the

Vice-President,; succeeds
elected

Chairman.

continue

company.—V.

165,

to

p.

the

the

following

pro¬

$6,000,000

supplemental

issue

to

of

owner

bonds

and

all' of

sell

the

to

par)

stock

common

indenture

the

outstanding.
at

to

par

for

common

cash

1969,

the $38,Consolidated

Light
stock

to purchase
consideration

proposes

a

due

securing

Michigan

American

outstanding

competitive

&

of

Traction

Michigan
shares
$3,875,270.

276,805
of

American Light proposes to use treasury funds to make this purchase.
The proceeds from the sale of the additional bonds and common stock
will be used for the construction of property,
the reimbursement of
the

corporate

additions
is

treasury

and

the

also-stated

bonds

will

the

drawal

The

take

approving

to issue and sell at
first
mortgage bonds,

Consolidated, and American Light

and

would

order

an

proposes

mortgage

proposes

Co.,
($14

...

President, who has

as

additional

indenture

first

also

reserve.

issued

20

Consolidated

an

an

000,000

1947—4 Mos,—1946
$7,730,234 $47,829,866 $27,474,692

$11,778,892

SEQ on May

be

for

pursuant

With

$1,750,000

proceeds of the sale of thetrustees under tne trust indenture
the bonds, subject to with¬
the

of

the

indenture

the terms

to

of

$2,500,000

deposited

supplemental

heretofore made for property
of temporary bank loans.

expenditures

retirement
that

securing

of the indentures.—V.

165, p. 2800.

an

Corp.—Earnings—

Mid-Continent Petroleum

1730.

Mackintosh-Hemphill Co.—Admitted

1,550,000

2,100,000

Jay

Corp.,

2 122 927

2 164 773

the

5[525[oi6

e[68o!l25

—V.

385 449

$8,596,779
$1.67

March

13,

1947,

gross

sales

and

$8,952 056
$1.76

operating

$56,655,000, compared with $55,335,000 for
165,




p.

1868.

oriB"r=Ss315i»«L mS«

»i6.m55i

(excl. depr. & deplet.)

14,027,9^8

10,510.10*

Selling, general & admin, expense—

Dealings—

2,059,394

1,745,534

1,412,203

$8,096,772
*59,456

$4,743,914

$4,231,639

*353,045

209,029

$8,156,229

$5,096,960

$4,440,669

1,218,2 14

1,054,49 0

of sales

Cost

'•

10,985,638

.

Gould,

has

been

Executive

elected

a

Vice-President
of

member

the

of

board

Frankfort

of

Distillers

directors

to

fill

$9 337 505

.

vacancy

164,

p.

caused

by

the

death

of

the

late

James

J.

Walker.

profit from sales

inebme credits

,

Income

Depreciation
Leaseholds
Federal

Net

assets

before

(net)

.

*

Per

of

*

depletion

end

—

taxes

aband.

586,384

528,643

283,649

on

income

2,482,509

1,200,000

1,702,500

$3,869,129

.$2,313,826

$1,627,996

$1.25

only

share,

1.8%.—V,

adjusted

165,

p.

for

2800.

dividend

paid

from

security

*

I

$19,650 profit on sale of capital
and $270,961. in the 1946 period.

on

per

Current

income,

$49,788,236

assets

as

including
were

and

8 2 6,523

and

$2.03

State

income

share

liabilities,

as

value

was

etc.

Includes

net

profits,

deplet.,

surrendered

and

April 30 were $25,313,065, the largest ever reported
to shareholders.
This was a gain of $1,970,308 .during the six months
covered by the company's semi-annual report just issued.
Number of
shares outstanding increased from 2,940,175
to 3,278,266.
Decline in
asset

depr.,

.

282.

Manhattan Bond Fund, Inc.—Net Assets—
Net

taxes

to

par $5,
was admitted to dealings on the New
at, the opening of business on May 19, 1947.

Other

$9,03^,787

after

stock,

Exchange

165, p. 2279.

Mr.

442,008

year.—V.

common

Curb

Majestic Radio & Television Corp.—New Director—

*

stock...,
at

69,837

$4,680,588

transactions:

under

13,'47 Mar. 14,'46

$18,236,730 $20,282 403

taxes

profit

ended

estimated

$4,610,751

.195,642

,

:

on

$3,804,678

—

$4,000,319

deductions

'

■

1947—Month—1946

sales*—

company .announced

owned

share

16

—

income

Michigan

1946

Net

H™

taxes..^

net

1946

$35,838,370 $30,858,893
32,033,692
26,248,142

Issuance of Securities Approved^—.

t$24,287,564 $13,631,210

share

common

Changes, in Personnel—

—V.

Mar.

Federal

*—*

Balance

It

O.

income

income

Dividends

•

.*Including inter-company sales.
>
•
Consolidated sales,
without deducting inter-company sales, for the
year 1946, totaled. $100,907,326, an increase of 61.4%
over-the $62,- /.
513,679 reported for 1945.

active

*—

week

ended

earnings

Leon

T

—

income-(net)-—

Net

1947,

33,565,000

Archie

1947

revenue—Gas

Operating

Income

ended May

week

deprec., taxes & preferred dividends—
*$2.27
*Also after adding
$1,000,000 to the general contingency
tHighest for any quarter1 in the company's history.

•"

;

$1,204,677

_

surplus

Consolidated

The

wholly

on

were

1947

*

**

Operating expenses

(M.) Lowenstein & Sons, Inc.—Earnings,

Nil

2279.

subs.'

interests'

Loew's

McLaren.

J.

2279.

p.

*$659,420

$0.16

share
p.

Federal

profit

Minority

Peter

285,714

deductions

Quarter Ended

York

1947—6 Mos.—1946

,

for

for

t

Michigan Consolidated Gas Co.—Earnings—

.

_

"

great

($100

--

pfd. dividends...
contingencies
for depreciation
2

Reserve

of

may

The

resigned.

U.

taxes

includ.

after

late

31—

expenses

profit

first

tional

____!

weeks

52

head-

$4,797,412 $15,805,257 ' $9,135,426

28 Weeks Ended—

subs.,

the

succeed

fixed properties—*

of

delivery.
Temporary

City

$4,121,863

penses,

Loew^s Inc. (&
Subs.)—Earnings—
Oper.

to

March

and

for

New

19,47,
a

sale of physical

on

York

Reserve

directors

income

bonds;

15,398

._*

.

corresponding

as

Net

of

305,176

for

inc.

*:'Net piofit ___L—
Earned

possible

•

164, p. 2548.

The

kwh., as compared with 31,383,000 kwh. for the
last'year,-an increase of 7.0%'.
Output for the
May 24, 1947, totaled 1,602,939,000 kwh., as • compared with 1,352,675,000 kwh. for the previous 52 weeks, an increase
Of 18.5%'.—V. 165, p. 2800.

Secretary of the
2547.

.

prov.

are

Mead Corp.—Permanent Bonds Ready—

•

,

$3,229,921

1,204,951

$2,264,465

pfd:

.^Consolidated

572,344
*__

Can.

make

Corp.—New Vice-President—

deductions

of'3%

Electric-output of this

•

depr.

taxes

Tentative

will

which

$1,141,353'
—V.

Weekly Output Shows 7 % Increase—

Ltbowitz,

of

Manager

$8,718,718

Depreciation

which

economy

*

Provision

cumul.' pfd. - ($25

totaled

continue

165,

1947—3 Mos.—1946

sales

profit

the

.

formerly Chief Engineer.—V. 165,

earned

Gross

corporation's

Jack

Liquid Carbonic Corp. —Earnings—
Period End.'Mar. 31—
Net

of

was

sales

Sundry

•

Net

from

.

income

Other

•Lehigh Valley RR.—New General
Manager—

quarters

of

354,474

property

the D'Arcy Advertising
Co., 515 Madison Ave., New York, N. Y., as its new
advertising, counsel
to succeed Moser and Cotins of
Utica, N. Y.—V. 165, p. 2547.

division,

loan

'

has been delayed until the proThe 2-0-2 is now undergoing it»
testing.
required a heavy investment in inventories."—

has

sales

Interest

cash:

cumul.

Misc.

(James) Lees & Sons Co.—New
Advertising Counsel—

•

2-0-2

our

operating

1,346,725

410,744

income

Balance

the

of

duties

Assistant

corporation
assistant

to

of

and

Maxson

Operating

•v

$4,529,600

$1,470,258

!_„.

;■ par)
Loss

,

May.

Reola

$3,00O,0Q0

a

,

2,768,306

$4,381,439

,

_

Common

been

Chairman of

as

Bryant, Inc.—Officials Promoted—

died

approved

.

including

certification

Depreciation
)

Meyer L. Grossman has been appointed to be
Assistant to the Treas¬

who

and

corporation recently announced the election of John A. Vaughan.
in charge of engineering and also as a member
of.

Total

371,180

*

par),

;

_

Vice-President, has

Childress, who continues

165, p. 1317.

centralized

to

.

$757,066

New President—

urer

share

•

airlines,

program

board

Cost

38,490

$1,472,928

Miscellaneous income

.

date

airlines

service

the

—

income

quarterly dividend which
had been making-

company

Maytag Company—Earnings—

' »>.

>

38,492

404,587

.

-

The

),873,000

$1,407,324

-

■'

'

the

omit

75' cents per

Vice-President

$1,253,792

2,193,000

9,616

713,500

Surp. begin, of period*!':

832,247

(2,433,620 Shs.)_

Robert W. Otto, former

Lane

_!

income

deductions

T'

'

5%

V.

300,948/

$2,799,566

232,073

___

Wade

as

(& Subs.)—Earns.

498,250

limited

income

•

Income

to

June.

1947—12 Mos.—1946

:

income

'

$2,792,700

3,923

362,764

income—

on

16 voted

same

the

in

(W. L.)
The

'

$5,523,532 $21,506,564 $20,145,457
2,133,644
9,501,460
8,153,130
284,914
1,699,246 / J,436,205

cap.

__

160,

The stockholders on May 22 approved a
plan to create an issue of
A stock to subordinate dividend rights of
1,850,000 family-held
shares to those of the 350,000 publicly-held shares.
See V. 165, p. 2417.

,

Federal

operating

Net

$775,391

contr.

company.—V.

» class

900,569

$1,216,111

1947—3 Mos.—1946

578,250
and

the

to

to

CAA

Earned

913,900

$986,468

_

—

Net income per sh.

L.

$1,253,792

$6,565,765

taxes "*_*!____!_

Net

1,317,009

2,671

income

succeed

$1,216,111

3,089,721

for

Dividends

Net

$2,455,309

300,948

May

payable, in

Quarter Ended

investments

Other

582,041

345,700
363,213

*

deductions

1,264,508

$2,465,175
900,571

_—!___!

expendit.
term

•

T

Income

$1,190,801

1,253,792

Depreciation
of

complete list of the

a

the

of

Trust

Vaughan

___i

Amortiz.

petitioners with

stockholders

; 47,545

revenues

466,795

165,929
408,818

it

Gross

$1,211,363

1944

surplus-:

Maintenance

12 Mos. '47

389,600

taxes

____

"

Net

divs.

Operation

$2,870,597 $11,001,642
1,146,908
4,929,197

1,885,642

*

_

taxes

$298,376
1,255,795

Priod End. Mar. 31—r

taxes

—1947—3 Mos.—1946—

revenues

expenses

"

80,000
2,450

Federal

year

Operating

Earnings—

Period Ended March 31—

for

3,275

165, p. 2416.

Provision

"

Provision

71,000

818

Louisville Gas & Electric Co. (Ky.)

expense,

taxes, $5,364,453; net income of William Bonifas Lumber
Co. and North
(wholly owned subsidiaries), $98,058; net income before
for preferred stock dividends,
$5,462,511; provision for pre¬
ferred stock dividends,
$558,130; net profit on common stock, $4,904.381; profit per share on 1,199,520 shares, $4.09.—V.
164, p. 2d32.
.•*'

Maintenance

for

the

all

of

*

$1,516,491
$1,554,172
225,143 v
225,142
75,237
75,237

divs.

,

Max Factor & Co.—New Stock Created—

inter-plant

provision

Operating

56,358

Net

Star Timber Co.

Operating

41,052

$302,478

***!

addit'l

Balance,

1947,

13,302
20,000

1,214,013

\

/ V. 165, p. 1194.

$1,329,609

17,000

-

common

488,173

$0.93

ended

•

LisJ Sought—

"Delivery of production airplanes
totype could be completely refined.
"This

1947—12 Mos.—1946

$1,326,710

*

•

L.

official

818

common

of

$0.02

$6,912

Martin Co.—Omits Dividend—Bank Loan

on

improvements

taxes
1-

surplus

board

deliveries

up

$332,497

10,888

exps.**—

provide

on

been

importance

-Earnings—

1947—3 Mos.—1946

$331,185

Federal

inc.

on

330,000

$0.07

-

Co. of New York, for working capital purposes.
Martin, President, states:
"The company has carried on its production of
commercial aircraft
concurrently with testing of the prototype." - This was done to speed

$619,884

B

Payt.

,

(exclusive

adm.

have

Guaranty

2416.'

p.

directors

The

28,072

income

A

Class

$558,765

■

■

68,012

oper.

to

regular quarterly distributions of
March- 17,. 1947.
,

7,820

income '

Class

*

.

Glenn

Surplus beg. of period

$708,210
149,445

115,227

$772,600

shr.

$57,734,445; general and selling
tions, $8,013,343; other income
673;. bond interest and other
Wisconsin

$759,878

*

.

addressfes

(Glenn L.)
would

50,000

taxes

Net

92,813

-

1,417,000

$27,671
396,000

*

—,—

s—

2548.

p.

and

The

2,992,748

81,298

income '—

on

Other

164,

$4,324,264

145,000

revenues

Total

185,227

com.

com.

$1,250,819

$1,957,827

shares

The income
follows: '

$2,218,022

1,124,839

profit
Preferred dividends

com.

$1,958,086

$3,162,553

Net

of

30,000
Dr24,000

taxes

income

Surplus per

Dr9,500
Dr26,000

1
*

Federal

12,000

**

*
_

1527.

1947—4 Mos.—1946

$5,159,010
3,113,047

239,306

for

period

*

(net Dr)

rents

&

20,174

3,000

1

$887,262

Gen.

for

share**

per

the" management

Ry.—Earnings—

305,558

Prov.

21,708

taxes

outstanding

names

$1,193,405

Total

Federal

SEC will hold a meeting June 4 on the petition of Russell M.
Kirk, Bloomfield Hulick and Edmund T. Wllletts, the owners and
holders of shares of prior preference stock of the
company, to direct

"

252,489

2,565
$27,087

The

70,249

165,

3,297

*

Van

2416.

p.

Louisville Gas & Electric Co., (Del.)-

owned

Timber

Interest

>'

must

$339,443

taxes*!1

tax

ry.

-

Market Street Railway—Stockholders

basis

on

$219,194

—V.

$1,959,533

209,045

of

Other

the

Subscriptions

77,204

Net

$24,522

$52,380

*

income

Earned

!

subscribe

$514,390

Period End. Mar. 31—

$2,796,649

____

income

Net

share

per

held..

'

No.

right to

$292,186

:

.

1947 ' "
1946
1945
1944
$21,122,576 $15,012,060 $13,931,792 $16,209,980
13,325,827
14,085,910
12,225,759
14,250,446

__

and

i

North

Net
Shares
.

accruals

iacil.

17,381

$49,082

income

for

1946

$41,903

21,203

income

Provision

p. 2410.

Railway oper.. income
Equipt. rents (net Dr)
Jt.

1947

$70,286
taxes

Deprec., deplet., dry holes, leases forfeited, etc.

company and to
the fifth day after

the

1947—Month—1946
$1,294,158
$1,109,357
;-779,768
• 769,954

•

oper.

ry.

income
ry.

31—

general

notes

company on or before June 20 -and must be
paid
June .30.
Proceeds will be used to reimburse Treas¬

additions,

Federal

1946 and subsequent payments having been omitted.—

Quar. End. Mar. 31—
Cost

for

the

before

Jan: 2,

on

sale

the

.

»

Net

with,

or

Period End. April 30—

$1,615,108

made

was

May

Louisiana & Arkansas

Kimberly-Clark Corp.—Earnings—
'»

record

Railway operating revs.'
Railway operating exps.

issue, also 37*4 cents

1946, the April l
165, p. 2672.

V.

the

of

and

income

Total

p.

Kelsey-Hayes Wheel Co.—Class B Dividend—
A dividend of 373/2 cents per share has been declared on the
class
"B;' stock, payable July 1 to holders of record June 16. The previous
payment

of

new

on

ury

29.272

$2,207,693

requirements

March

income

expenses

(Ohio) Telephone Co.—Subscription Rights—

additional common
■ share
for
each

5,616

for

$2,131,568

612,490

■

construction

(net

railway oper. inc.
165, p. 2278.

-V.

$531,653
.'124,413

5,173

Jt.-

$719,499
159,624

for

stockholders

be Tiled:

Railway oper. income
Equip, rents (net £>r)_

of

and

—V.

1,693,383

200,000

Federal income taxes

Ended

operating

Operating

Other

issue

2416; V. 164,

$9,434,676

ops.,$1,080,499

ry..

used

repay such other notes as may be
outstanding
the date of the Commission order.—V.
165, p.

1947—4 Mos.—1946

$2,450,559

be

161,000

from

rev.

Other

to

are

$2,7.73,882

to

the

at

of

Railway oper. revenues
Railway operating exps.

and

2548.

p.

Months

Gross

principal amount to four commercial banks an
aggre¬
gate of $5,000,000 11-month notes which will bear
interest at the rate
of 1%%
per annum.
The net cash proceeds

Kansas City Southern Ry.—Earnings—

(

3

25.

June

Jan.19

on

7

Maracaibo Oil Exploration
Corp.—Earnings—
share

per

Long Island Lighting Co.—Note Issue
Approved—
The

the
said

ex

May 28 declared
stock, payable July

6perating

April

to

that

directed

23

on

common

similar

July

'

*

The

Joliet

to

directors

on.the

the

(2927)

Candy Corp.—15-Cent Common Dividend—

of

March

reserve

of

$13,416,104.
current

31,

1947,

were

$2,482,500

On
liabilities

Dec.
were

$0.88

assets in the .1947
$53,170,105

for

Federal and

and

period
current

State

taxes

31. 1°45, current assets were
$13,241,578—V. 164, p. 3294.

6

directors

the

on

May

outstanding

record

June

account
cents

on

of

on

9.

arrearages

Aug.

12,

on

1946,

a

payable

stock,
of

,

Venezuela

both

cents per share
regular quarterly dividend of IVz
cents per share on the
stock, both payable June 30 to holders of record June 20.

and

the

common

Like

amounts

The

usual

stock
—V.

165,

to

but for welding,
export from its
the oil fields in

development of
major North American

rapid
by

j

and European

acetylene plant at Barranquilla and

an

for

Medillin

at

class A
July 5.

to increased demand for welding
process plays such
a large part in
the

welding

has

1947.

31,

of 15 cents per share on the
payable July 15 to holders of record

declared,

2801.

p.

March

on

dividend

quarterly

also

was

disbursed

were

dividend of 2V2

extra

an

gases,

continue

will

equipment, since
production and
maintenance of wells, refinery and pipe line installations.
The new Venezuelan property includes five plants, located at Maracaibo, El Tigre, Santa Barbara, Maracay and Paraguana. It is National
Cylinder's first South American acquisition,
The Colombian company

Manufacturing Co.—Extra Distribution—

Miller

The

Colombia

and

it

the

production

a

of both oxygen

plant under construction
and acetylene.

prelude to the foreign expansion program, the company ex¬
tended its operations within the United States last year by acquiring an
As

a

producing plant in Seattle, Wash, and Portland, Ore., increasing
production facilities in five midwestern and southern cities,
and constructing a new acetylene plant at Kansas City, Mo.
Two new

«

$1 362,479.

For'the

production of acetylene, at Lubbock, Texas, and
one
to produce oxygen,
at Memphis, Tenn. have been recently com¬
pleted.
An oxygen and acetylene plant as Columbus, O., is under
construction.—V. 165, p. 2543.

declared a dividend of 35 cents per share
$1, payable June 17 to holders of record
June 2.
This compares with 25 cents per share paid on March 15,
last.
In 1946, the following payments were made: March 15, June 15
and Sept. 16, 25 cents each; and Dec. 16, 75 cents.—V. 160, p. 986.
directors

The

the

on

May 20

on

stock,

common

par

Net

H.

6,740,134
387,390

170,711

*1,013,438

97,160

2,360,048

at

meeting held

annual shareholders'

the

11% in freight traffic move¬
ment, together with higher lreight rates received, the total revenues
for the first four months
of this year show an increase of 21%.
Operating expenses for the same period should be not more than 4%
greater than last year despite some additional cost for wages (as a
part of the wage awards granted last year did not take effect until
May 22) and increasing prices for materials and supplies."
"With

box

reviewing

the

loading,

In

Mr.

grain

approximately

of

increase

an

$3,775,000 were $406,500

of

82.7

board

the

to

reported

income

—V.

■—

vestment bankers which offered to

business.

$0.59

The

light

according

the

of

pensation"
the

v.

■

has
to

J.

stockholders to obtain "adequate com¬
to a conclusion by legislative action,,
who called himself "former President" of

brought

Norris,

S.

•

company.

Norris

Mr.

the

said

only

available

recourse

petition to the Canadian Government.
The Quebec Legislature passed a bill
share

a

offer

the

all

of

Norris

The

Legislature

stated,

determined

by

to

accept

the

offer

and

turn

The

June

.Redemption of Five Issues of Bonds—

\

viz.:

The

31/2%

3V2 %

series

1963

1,

;

new

15, 1260 at 102 A and interest; the 3V2 % series
10214 and interest; the 3%>% series (due Jan. 1,
interest; and the 31,4%
series due Jan. 1, 1973 at

May

and

interest.—V.

165,

Motorola Inc.—Comment

Paul

and

payable

-review

the

of

dividend

A

dividend

cash

of

annual

of

30

cents per share recently

cents

to

share

per

Galvin stated

Mr.
fiscal

year

the

than

sales

p.

for the first

21 weeks of

ditions,

prospects

balance

of

the

are

year,

Nassau &

165,

SEC

011

Commission

the

May

21

issued

order.—V.

165,

order

th6

p.

permitting

Was

on

May

26

paid each quarter.—V.

declared

a

ft,

cu,

taxes

Sales

—V.

$5,280,430

in

-

facilities

intd

Venezuela

1947—3 Mos.—1946

and

*

16,311

1,202,955

1,084,866

4,482,051

$1,797,893

$2,401,149

58,571,668

*a

$7,573,649 $26,597,152
1,842,409
7,167,958

$29,823,175
13,041,448

$6,056,546

~

$5,731,240 $19,429,194

$16,781,727

income

Net

pfd.

on

sub.

of

stocks

of

Reservation

5,743,093

$4,858,726 $16,553,174

$5,337,541

—

-

2,876.020

$11,038,634

874,514

719,005.

cos-

inc.

net

480,000

1,246,000

$4,736,726 $16,073,174

$3,792,634

120,000

120,000

by a sub. comany
Balance

2,333,552

8,945,280

tures

pfd. stocks of Niagara

$67,597

*$373,612

2217.

165,

p.

$1.54

$5.51

There

on^the
1935, equal
deduction 0
to those

P®nn®£lvania
and Chestnut Ste.,
V. 160, p. zmo.

Payments will be made on June 2, 1547 at The
pany
for
Banking and ,Trusts, trustee. 15th
Philadelphia, Pa,, upon presentation of coupon No. 18.

$6.51

were

E.

Bassill

1, 1947.—V.

the deben¬

been paid. No
indenture for

123, p. 335.

Hartford RR.—Earnings—

two

The

elected Chairman of the boards
this corporation and American

companies are

directors

»

.,

the rayon industry, Mr. Bassill was accoCorp. for 26 years acting as its Presi¬
dent for
14 years prior to its consolidation with the Ce.anese Corp.
of America.
Mr. Bassill is currently a member of the board of direc¬
tors of the National Federation of Textiles Inc.
Mr. Puller served as President of North American Rayon Corp, and
American Bemberg Corp. since 1929.
He is Chairman of the Rayon
Yarn Producers Group, having been elected recently to serve for the
remainder of the present term after completing a full year as Chair¬
A

prominent
with

the

figure

in

Tubize Rayon

in 1946.
formerly Assistant

the Group

man

of
A

Bitzer

North American

of

Northeastern Water Co.
Operating

for

Prov.

retirements—

income

and

JVIos.—1946

$2,612,555

i$2,487,421

264,782

1,182,741

.1,053,212

31,245

31,426

133,874

47,699

47,426

199,040

124,129
"187,913

excess

30,751

47,830

176,470

:247,346

68,369

69,363

272.944

'285,270

$156,372

$172,696

$647,485

$589,551

24,800

21,230

257,162

;

taxes

—

Operating income
Other

1947—12

$633,523

296,481

_.—

profits: taxes
Other

(& Subs.)- -Earnings—

$630,917

adm. & gen. exps.

Oper.

1947—Month—1948
1947—4 Mos.—1946
oper. /revenue:;1
$12,938,642 $12,304,162 $50,103,963 $48/747,363
ry. oper. income-838,479
*120,847
793,988
*248,127

elected Comp¬

and American Bemberg'Corp.

1947—3 Mos.—1946

revenues

Maintenance

Fed.

Treasurer, has been

Rayon Corp.

165, p. 2674.

Period End. Mar. 31—

dated

Pittsburgh,
.
•
j.'.

has been
as'President of
Jr

Fuller

R

Pittsburgh, Pa.—Calls Debs.

announced that the company has
1947, all of the outstanding. un¬
July
1,
1938,
at the principal
authorized $1,440,000 of these debentures.

Corp.—New President, EtCj
and John
Bemberg
affiliated, having identical officers and

North American Rayon
S

M

to and including Dec. 31, 1946, has heretofore
or is payable under the
terms of the

commencing Jan.

Phila.—Interest—

directors have declared an instalment of interest
mortgage 5>/2%
cumulative income bonds, dated June 1,
to
2%
of the original face value thereof (subject to
account of Pennsylvania personal property taxes with respect
bondholders subject to this tax).

2802.

debentures,

Square Corp.,

1900 Rittenhouse

$794,895

$1.16

share.,

acdrues

period

p.

2,424,025

$7,368,609

606,006

$4,611,535

—

165,

2,424,025

$4,130,720 $13,643,143

603,006

Corp.-

Power

Hudson

Caplan, President, recently
redemption on July 24,

up

interest

requiremts. on

Dividend

9,334,206

*$146,733
per

$5,217,541

1

—

income

135,596

Period End. April 30—

new

.....

1,532,122

$7,588,668

—

deductions

require,

Div.

$10,129,101

1,944,626

thereof.

Total

tNet

marking

$29,388,462
434,713

Dr6,198

income

Gross

Income

$14,492,087
4,362,986

$3,486,015 $13,053,719

$3,000,848
___

New York, New Haven &

,;....

$7,537,552 $26,321,864
36,097
275,288

$7,594,866

income

1947-^-12 Mos.—1946

Payment will be made at the Commonwealth Trust Co. of
trustee, 312 Fourth Ave., Pittsburgh, Pa.
<
. ■
.
All interest which has accrued and became payable on

.

1947—9 Mos.—1946

Colombia,

deduct's

income

Operating

$3,594,161 $13,418,495 $16,669,822
108,146
364,776
2,177,735

$3,017,159

:

deductions

income

the

.

oper.

Other

$30,303,930$131,929,22C$li7,503,655
23,289,105 109,219,609
86,400,250
787,552
1,331,731
647,957
6,958,047
2,159,985
2,088,933
8,643,165 ' 7,475,536

for

Called

$4,510,510 $15,473,412 $11,336,625

program.




rev.

$29,760,269$121,125,407$115,040,985
25'61.5,338 22,222,717 94,803,543 85,652,523

$33 210,204

revenues

Tot.

1947—12 Mos.—1946

1947—3 Mos.—r-1946

31—

Operating

Subs.)—Earnings—

(&

Niagara Hudson Power Corp.
Period End. Mar.

at 145,523,000 cu ft.,
above production of
a
year ago.—V. 165,

Telegraph Co.—Earnings—

New Roosevelt Hotel Co.,

..

its general-expansion

814.

p.

-

that cumulative

on outstanding
result of the plan. V.

to be canceled as a

The

week is reported
ft.,
or
14.53'%
corresponding week

(net) (Dr)

income

Louis

National Cylinder Gas Co.—Expansion in Sok America
The company on May
13 announced', extension of production .and
distribution

a

stock are

preferred

27,354,515

income

Income

fitage

as

present value." The Commission also pointed out
unpaid dividends amounting to more than $4,269,000
any

—V.

40

163, p. 3288,

stock into 46,532 shares of no par value common,
a share.
that its approval of the plan
is not to be
determination that the new common stock will have

emphasized

PSC

troller

165, p. 1593.

1947—3 Mos.—1946

Commission May 16

nominal stated value of $1

construed

-V.

cu.

the

——

'Deficit.-—V.

National Bellas Hess, Inc.—Sales—
Period End. Apr. 30—

for

income

on

secured

dividend of

S.

P.

preferred

6%
a

The

Balance

23

May

expenses

Earnings

cents per share
on
the common stock, payable Aug.
1 to holders of record July 21.
Distributions of 30 cents each were made each quarter from Aug.
1,
1946 to and including May T, 1947, prior to which 25 cents per share
directors

the

18,459,000

amount

The

with

York

New

value

an

Balance

company

Dividend—

2004.

p.

23,

of

for
of

taxes

Net

2289.

National Battery Co.—Increases

165,

Corp.—Plan Approved—
approved a recapitalization
plan of the corporation in which $2,601,500 in common stock will be
eliminated, and $4,653,200 in preferred stock reclassified.
Consent
to
the
financial rehabilitation plan had previously been
given by the SEC and the Federal District Court.
Under the plan the company is to eliminate from its capital struc¬
ture $2,601,500 par value common stock, and reclassify $4,653,200 par

the Association reports electric output
increase of 1,636,560 kwh., or 13.42%
12,181,194 kwh. for the corresponding week a
May

This is

Dividends

an

<EDT)

New York Water Service

ciated

Issue—

received up to>
West St., New

purchase

the

for
a.m.

The

6500)

Suffolk Lighting Co^—$500,000 Note

construction requirements.
of the debentures will be
June 24 at company's office 140

further

meet
Bids

11:30

Corp.

to
issue and sell for cash at principal amount to two commercial banks
an
aggregate of $500,000 11-month notes which will bear interest at
the rate of 2% per annum.
The net casl; proceeds of the sale of the
notes are to be used for construction requirements and to repay such
other notes as may be outstanding on the fifth day after the date of
.The

ended

Net oper. income—

2548,

p.

the

2802.

p.

New England Telephone &

Total

(No.

be used to repay $79,300,000
Telephone & Telegraph Co.,

$3,000,000 short-term note owing the Chase National Bank,
York, plus $25,000,000 it expects to borrow from Chase prior to
sale
of the
debentures.
The balance of proceeds will be used
a

New

to

2802.

Interest

Withdrawn.—V.

its new preferred and
meeting of shareholders

Registration Statement With-

statement

Co.—Registers With SEC—
statement with the
which will be sold

through competitive bidding. Proceeds will
of demand notes to its parent, American

..

output

Other

filed with the SEC June 13,
1946, and covering 250,000 shares of common stock (par $1)- has been
registration

annual

Irving

on
May 23 filed a registration
$125,000,000 of 35-year debentures,

company

covering

association, to be held in Cambridge on

,

increase

Federal

drawn—
The

165,

production
ago.

Operating

exist in current general business con¬
favorable for continuing success during the
Mr. Galvin added.—V. 165, p. 2801.

Murphy Co.

New York Telephone

of

holders

the
first

*

and the

2802.

p.

Output Up 13.42%—

week

Other income

<G. C.)

would

Operating revenues —$33,319,211

has more
Although uncertainties

time.

Haven

of

Period End. Mar. 31—

have reached $16,501,000 cr approximately $1,000,000
sales for the entire fiscal year of 1941.
In addition,

company

the

127.064,000

the current
less
the
than doubled the number of employees since that
that

to

the

dividend

possible

1946.

14,

June

30.—V,

June

Gas
an

-

on

completion

13,827,754 kwh.

year

stockholders. He stated that
would be made in August of
action at that time.;
was paid on
Dec. 17, 1946, and

report

any

the

above

to

operations

company's

15

16

June

ou

determine

to

year

the

in

management
this

the

stockholders of record May 27.
V. Galvin, President, pointed out that this is an interim pay¬
and
is
in line
with
the more
liberal action forecast by the

ment

a

with

connection

In

of

of the

*
vendor

the

be

and the issue would be known as "New York, New
and Hartford Equipment Trust of 1947 No. 2" and certificates
be issued
to
an
amount not exceeding $5,955,000.—V. 165,
trustee,

Co.

common.

For

of

declared

would

Co.

Car

England

New

The

Trust

Balance

Electric

Dividend & Sales—

on

mailed

notice

statement of consolidated income for the

forma

pro

of

as

2548.

p.

,

and will incorporate many

to be of stainless steel

are

including

installments.

March

With

1961'at

103

at

and

100

has

a

the recapitalization, the association is in a
position to pay dividends both on its new preferred shares and its
new common shares.
It is anticipated that the first quarterly dividend
on
the common shares will be paid July 15 to shareholders of record

of Canada in Montreal or Toronto, Canada,
due Feb.
1, 1953 at 101'A
and interest; the

series

due

shares

12 months
31, 1947, shows a balance to surplus of $2,171,987 after
all charges including provision for Federal taxes on income.
Deduct¬
ing sinking fund requirements of $224,250 on the new collateral trust
bonds, and preferred dividend requirements, the balance of $1,598,424
amounts to $1.28
per share
on
the 1,246,011 outstanding shares of

next, at The Royal Bank

due July

cars.
cars

new

pneumatically operated doors with finger-tip
control, flourescent lighting and electric water coolers.
Under the proposed equipment trust, there would be a 20% payment
as
advance rental, and the balance would be paid in 15 equal annual

10.

ended

outstanding issues of first mortgage and collateral
fund bonds have been called for redemption on July 1,

sinking

The

Association—Announces

Meeting—Reports Pro-forma Earnings

25-year history

The

shares,"

five

of. the

All

trust

Association

the

in

Norris said.

Mr.

England Gas & Electric

common

alternative

their

in

of in¬

sale

1st First Annual

.»

shareholders now have no

that the

Commission's

tion-lounge
innovations

York.—V.

the public May 29 an

has had

last

ago

year

a

by
$25
the

to purchase them at
further recourse to the courts,
have the value of the shares

to

tribunal.

arbitration

an

"Jt is our opinion
but

is

Commission

denied

right

the

and

stockholders

New

had

Hyaro-Electric

Queoec

the

rate.

$25

Mr.

which

stock

Montreal

to

•

May 10 expropriating at
not been deposited under

1947.—V. 165, p. 1458.

of the debentures, together with proceeds
from a "loan agreement" amounting to $10,000,000, and other funds
from the treasury of the company, will be used to pay off two issues
of debentures of
New England Power Association amounting to $21,619,000 and $23,312,315 respectively;- to pay a bank credit of $11,959,000 of North Boston Light Properties, and a note of $3,000,000 of
Massachusetts Utilities Associates, dnd to redeem $26,527,051 of pre¬
ferred shares of certain of the constituent companies.—V. 165, p. 2802.

SjProceedsifronUthe

company's

been

the issue, $1 each

.

'

,

holders of

The securities con¬
which are priced at
101.50, to yield 2.90% to maturity; and $50,000,000 of 3y4S
due in 1977, which are priced at 102.91, to yield 3.10% to
maturity. The debentures were awarded to the group
at competitive bidding May 27 on a bid of 100.589 for
the 3s and a bid of 101.829 for the 3y4S.
This was the
only bid submitted.
." -

announced that its
offer, dated April 23, 1947, to purchase the shares of this company
shall cease to be effective after the close of business on June 9, 1947
and that the authority given to the depositary banks to accept deposit
of share certificates under such offer will terminate upon such close
of

$2 ten-year

Electric System—$75,000,000 Debentures

New England

has

Commission

be

Dividend Arrearages

share has been declared on the
stock, par $40, payable July 1 to

Offered—The First Boston Corp. headed a group

Consolidated—Offer—

& Power

Hydro-Electric

Quebec

will

company

per

having been paid on Jan. 1 and April 1,

also

$334,843

$0.54

—_

the

be received by
165, p. 2417.

This will clear up all arrearages on

June 19.

record

1946

$303,152

1

—

Montreal Light, Heat
The

$1.50

of

preference

cumulative

213.

p.

proceeds to
capital.—V.

purchase

January,
Originally the 180 new
cars
were
estimated to cost approximately $13,500,000.
According to
the petition just filed the 90 cars to be covered by the trust certifi¬
cates
will cost an
estimated $7,443,750.
It would include 73 new
passenger coaches, 10 dining cars, 5 grill cars, and 2 tavern-observa¬
since

order

on

SEC

aggregate of $75,000,000 debentures.
sist of $25,000,000 of 3s, due in 1967,

1947

share

common

per

165,

net

working

to

dividend

A

on

Quarter Ended March 31—

Preferred Issue Placed

National Supply Co. (Pa.)—Pays

that "While the

Subs.)- -Earnings—

Mojud Hosiery Co., Inc. (&

—

issue

to

authority

for

petitioned the U. S. District Court at New Haven
equipment trust certificates, subject to ap¬

have

trustees

proval of the Interstate Commerce Commission, covering the
of one-half of the
180 new passenger cars which the road

and

order for use on
165, p. 2417.

h.p. Diesel road-switch locomotives now
branch lines, including the "Wheat Line."—V.

Earned

Equipment Trust Certificates—

To Issue
The

The

on

1,500

Net

compares

net

The operating ratio

more than last year.
with 84.9 for 1946.-

of

record

of

•

total

The

added

particularly cars available for

situation,

car

Grout

box cars

Co.

Gypsum

bution.

line as of April 1 was equivalent to only 54%
of the total owned, an ample supply is now available as a result of
action on the part of the Association of American Railroads to relieve
the critical car. shortage in this territory, and that there have been
no blocked
elevators along the Soo Line since April 11." ^
The board on May 20 approved the purchase of 10 3,000 h.p. Diesel
road locomotives for use in the main line service in addition to eight
number of

holders

vately—On April 22, the directors

said:

May 20,

on

15 cents was

of

Dividend—

has been

share

per

to

Pri¬
authorized the sale for
cash of 6,600 shares of $4.50 cumulative preferred stock.
These shares are to be sold at $100 per share plus divi¬
dends to W. E. Hutton & Co., New York, who are buying
them to offer and sell at a price estimated at not less
than $103 to not more than 25 persons who will buy
with a view to investment and not with a view to distri¬

9,877,968
3,041,677

President,

Grout,

C.

7,601,708
*423,491

income--

oper.
"Deficit.

made

was

dividend

18

declared on the common
June 6.
A similar dis¬
Dec.
23,
last, while on June
17, 1946 a
paid.—V, 165, p. 1072.

cents

852,529

9,240,046
982,731

railway

Net ry.

on

40,152

tribution

National

railway

from

from

Net

*76,635

$2,734,943
1,032,407

20

June

of

payable

stock,

1—

Jan.

From

Gross

383,656
160,448

income—

oper.

$1,767,768
223,472
113,571

$2,017,253

railway

from

Net ry.

$2,548,467

railway-

lrom

dividend

A

1944

1945

1946

1947

April—
Gross

National Gas & Electric Corp.—20-Cent

Ste. Marie RR.—Earns.

Minneapolis St. Paul & Sault

the

for

plants—one

months of 1947, it is estimated that the Old
resulted in a net railway operating deficit> or

deficit

oxygen

Distribution—

the Boston
remainder
income 01

$1,060,000; for the Boston and Providence the estimated
was
$1,241,000, and the remainder of the New Haven System had a
railway operating income of $3,094,988.
NOTE—Operating expenses for the four months were $41,456,230,
an
increase of $57,344 over the
same period in 1946.
Tax accruals

oxygen

Minneapolis Brewing Co.—35-Cent

operations

four

first

operations

Colony

Terminal

properties for Boston

" ,■
;
1947, it is estimated that the Old Colony
resulted in a net railway operating deficit of $249,000; for
and Providence the estimated deficit was $275,000, and the
of the New Haven
System had a net railway operating
and bond' interest.

April,

For

interests points

the

The directors have declared

which

facilities.

States

United
oil

759.

p.

supplies

and

equipment

for the

wide market not only

find a

to

hopes

cents

80

and Boston and Providence

Colony

Co.- taxes

purchase of

the

dividend of 20 cents per share
June 23 to holders of
per share was
made on
this issue on March 1, last, as against 20
and 15 cents on March 11, 1946.—V. 164,
declared

22

preferred

distribution

A

Old

acquisition of Gases Industrials de Venezuela C. A. and
an interest in Gases Industrials de Colombia C. A.,
manufacturers
of
oxygen
and
acetylene
gases,
National Cylinder
the

With

Michigan Sugar Co.—20-Cent Preferred Dividend—
The

1947-

Monday, June 2,

CHRONICLE

THE COMMERCIAL & FINANCIAL

(2928)

..

11

avail,

.

fixed

•

....

,

* 1,250,409 ., .210,173
2,146,357
l,259k418
Net after charges..L
"■ ' 269,886
..*781,757 *1,772,575 * 2,685,020 •
•Deficit,
'tlncludes the; results of..operating railroads whose 'leases •
have been, rejected.
Also includes accrued :and unpaid charges against-L
charges

*

for

'

Gross

Income

income

__

deductions

$181,272

_

$904.646

$193,925

60,373

51,483

_—

*

$725,147

223,925

205,484

$680,721

.

$519,663

—

••

Net

-r-V,

income

165,

p.

—i—_ 1:

1319;

V.

164,

$120,8981.

-

$142,442
*

p.

3295.

-

*'

•'

3

_*;( i

•.

'■

■

Volume

165

Number 4599

Northern Pennsylvania Power Co.—Private Financing

..

The

asked

company,. a
the SEC for

Jibnds

to

,

THE COMMERCIAL &
FINANCIAL

subsidiary

permission
Northwestern Mutual

ceeds..from the issue

2550.

p.

'

,-

'

General

of
to

sell

Life

are

5

»

output

of

23/4%.
Co.

Corp.,

first

at

has

L.

this

'

■"

••

-

•

Pacific

E.

Roach,

western.

the

week

51,629;000 kwh., as compared with
corresponding week last year, an increase of

10;2%.-—V..T65,-

L,

The

W.

Fields

of

Northwestern,

&

Pacific's

and

board

Walter

S.

of

directors

Babson,

who

stock

of

both

companies.

stocks

have

|s.fcepcrtgd'.yt..:*<?•.

•

'

1947

/ •'

1946

$9,953

—_____________

income

taxes_:l_-__________-__—

7,180

188,616
$281,863

796,287

796,287

$0,003

$0,354

Plymouth

.

Rubber

dend—
directors

Co.,

Holders

indicated

of

on

-

May 27

declared

5fnpsh"eA°? initial distribution
t ki
30.
An the CO

C.

The

Sammons,

issue

and

80%

of
v

•

-

the

a

6%

of

a

quarterly

payable July

June

of

like

^directors also-

initiated.—V. 165,

Public

5 %-

new

preferred

the

Service Co. of
Bonds to Be Sold at

as

present

exchange

offer,

The

it

application

to

cents?

record

May 15
a

new

Stock

the

P.

Well

as

U.

of Colorado to
Commission
provide that its
proposed issue of $16
000 —
preferred stock sball be sold
at competitive
bidding as well as
of
first mortgage
bonds

of

$40,000,000
debentures.

be

25
of

on

1872.

p.

Colo.—Preferred
its

pf tbe Stater
000

re*

of

ho]ders
made

Competitive Bidding—

lias amended

company

to

was

announced that with the current
payment
is

gchedyle" of payment dates

di¬

dividend

15

amount

Power.

Northwestern

7%

nearly

acceptance

~

Inc.-25-Cent Common Divi-

'

.

The

Treasurer

Following (.issuance of the new preferred
stock is a scheduled
funding, of present bonds; and debentures
at. what is expected
to
a
substantially", lower rate of interest.—V.
'165, p, 2548.

>

$470,479

$2,773

.

the

Vice-Presi-.

a

E.

are

were

present

•

Quarter Ended March 31—

elected

was

step in refinancing the systems
will be to
preferred stock to replace the

preferred

Operating profit
Beserve for

approved

first

Pacific

"

,/

have

was

rectors.'
;

2802.

p.

(& Subs.)— -Earnings—

companies

Light Co., the
surviving corporation, as was
Vice-President and General
Manager of North¬
Lawl.or, Assistant Secretary and

who

R.

both

Northwestern,'was named Assistant
Secretary of Pacific
New members

Arthur

ended

May 24, 1947>
46,832,000 kwh. for the

totaled

Norwich Pharmacal Co.

President
Power

of

•

Assistant

of

•

-

Merwin,

of

T.

.

(Del.)—Weekly Output—

for

company

.

T.

dent

mortgage

par.

pnd directors

of

Northern States Power Co.
Electric

$600,000

Insurance

CHRONICLE

(2929)

stockholders
merger.'
r

The •-pro¬
to be used for construction pur.poses.-r-V.' 164,
,

•;

.

PUbli^ Utilities

The

and

$7,000,000

of

convertible*

'

Net

earnings

Number

of

Earned
—V.

shares____——__
share

per

165,

___

__________

Lyman
been

942.

p.

W.

Slack,

elected

to

Vice-President

the

board

of

and

to

Sales

Manager,

succeed

Joseph

has

stock

Dodge,

Stock

«—Mitchum, Tully & Co.
of

$1.35

on May 21 offered 20,000 shares
preferred stock at par ($25) and

cumulative

dividend, with non-detachable
warrant.;"

y

.

:

1

.-

stock

common

,

Bank.—V.y 165,

Apr. 5, '47

♦Earnings" (estimated)
Common

shares

*Earnings per

,

share—

common

Mar. 30, '46

7,303,972

after

depl.

Shares
Per

outstanding,

$1.30

blister

___

£191,928

resenting

1,021,056

1,021,056

1,021,056.

holder in

$0.21

$1.22

$0.52-

•-

-

•

$0.75

senting
3,752

rate:

3,819

£=$4.00.—V.

i65,

11,233

owned

Foundry Co., Cincinnati, Ohio
:

-

* "

y

y-

company has been acquired by G. L. Ohrstrom & Co. of New
York and
associates, it was announced oh May 24 by H. T.
Cavanaugh,
in the Ohrstrom firm.
The acquisition was made for
invest¬
ment'and no public distribution of
securities is contemplated.Ohio Pattern Works was established in 1890 to
conduct a general
pattern business;'
Subsequently, a bronze foundry was ' added;
In
1935 a series of special items for the
petroleum
at

present

industry

•'

manufactures

a -

c

•

line

is

not

nozzles,'
primarily in

net

for

interest
the

165,

as

quarter

of

be

no

♦dividend

of

common

for

ten

of

•-

of -60c

stock

close

11,

will

of

directors

2); of

20

.payable July
like amount

Co.—Earnings-

on

l

to

holders

■

of

record

1947

6.

An

Maintenance

Approp.

347 352

;

state

of

income

tax

'.

$18,680,446 $17 960;049
1 ,487,504
6,866,248
6 .061,865
277,939
1,281,105 ; 1 ,168,513
403,521
1,635,146 ' 1 .633,628

324,312

res.

413,950

limited-term

:

Pharis Tire

&

'

*

5,766

'.

and

other

60,429

55,065

*$1,789,793

5,784

15,453

$1,896,781

income

_

for

charges

$1,805,2461

487,891

on

preferred

494,222

$1,408,889

______—^—

dividends

on

May 26

$1,311,023

stock__

99,722

re»essed

Its

99,713

$1,211,340

operating

income

•____

-V.

The-registration statement

be.en

Public Service Co. of
New

vote

the

on

deductions

430,521

1,776,867

Net

,

distribution of

V. 12

$5,103,690

339 :

$1,008,'9X9 : $1,049,189

Months

Operating

$1,401,872

" 74

.

Oklahoma Natural Gas

•

Ended

revenues

481,696
'

-

operating

March

&

31—

shares

-C$20

par)

J—

withdrawn.—V.

Betirement
1

reserve

165,

-

Gross

—$3,344,423

deductions

—V.

\

—;

'

10L482

1,288,374

$339,202

$3,769,251

Dr41

requirements.

Co.

operating

Maintenance,
and

*

&

oper.

Taxes
t

1947

12,265

administration-expenses,

(including Federal

^

-

,

operating
-

revenues

income

___

^

•

capitalization

The

Of

Gross

income
&

■

.361,502

s

&

other

inc.

46,154,692

9,855,077

deductions—

11,105,907

_______

t

on

24,502,439
preferred stock

24,701,294

8,430,856

8,430,855

12,522,548

Dividends on common
-stock——
■«'

-12,522,548

.

—

T

Balance

-,

Earned

3,549,035

per

common

share..

taxes

Bankers

-

Trust

common

accept

.

as

of

the

of

for

•£..

a

subscription

or

May 12
expire at

became

B.

McKee

will

consolidated

continue

to sell the warrants.—V.

with

as

President

of

Northwestern Electric




week

of

The

name

Houston,

to

17.

of

Treasury Stock
amendment

an

100,000

common

Joseph

shares
r
in

to

.

at

for

:

given

proposal

of

competitive
be

used

action

out

\

outstand¬

3%%

series

until

the

for

of

:

*..* '

output

for

filed with the SEC on Dec. 26
$7.50)
cumulative
convertible-

(par

dividend stock has been
withdrawn.—-V.

has

acquired

the

business

according

to
operation

continue

Harry
the

as

165, p.

of

B,

the

of

Forbes

on

tract

a

seven

acre

specialized
the

as

the

Forbes

at

.

Finishes

production

Banner

Varnish

•

-•

•

of

Co.

In

a-'durable

phthalic.
'

and

alkyd

.

Texas;

plant

p. ,2420.

N.

J.;

Fed.

revenues

___

;

p.

2803.

.•

&

total

imade,
55

of

$224,000

due Sept:

1947,'out

of

at! 104

Broad

1.

and

Street,

of

in

nature.

ureamelamine,

They
comprise
and nitrocellulose
•

•

trust
called

15-year
for-

sinking

redemption

fund
on

the

interest

New

been

income -sinking fund.- Payment
at. the Manufacturers Trust

York,

N.

Co.,

Y.—V.

165,

available

-

•

:

■

1,038,217

13,077,896

215,334
156,625

188,735

145,293

2,386,094
1,795,595

2,035,380
1,664,533

162,504

197,000

" 2,352,504

3,840,777

_______

on

income

taxes

\

operating rev;
inc. deduct., net-

11,339,030

322,550

293,400

3,565,556

3,303,759

$583,150

$626,272

$7,568,531

$6,773,240

7,244

Cr368

89,155

74,587

$575,906

$626,640

$7,479,376

$6,698,653

Net

Prior

income

,

—_

preference

194,797

188,177

2,270,951

2,309,464

$381r109.

$438,463

$5,208,425

$4,389,189

Balance

dividends

687,500

687,500

$4,520,925

surplus

$3,701,-689

~rV. 165, p. 2142. '

Purity Bakeries Corp. (& Subs.)—Earnings—
16

Weeks|Ended—

ANet profit
Common

Earnings

shares
per

outstanding-.;—;

:

♦After,

deduction

share.

Apr. 39, '1947 Apr. 20, '46 Apr.
21, '45
$960,909
$930,672
$712,867
.805,045
793,026
774.570
$1.19
$1.17
$0.92 I

interest, depreciation, Federal taxes, all
for minority interest,—V.
165, p. 815.

p.

1110.

other

charges

and
.

"

and

collateral

im-*

aggregate
companies

■

the

'

1961, Itave

moneys

and

an

Light Co. (&
Subs.)—Earnings

:

Railroad

Employees'

Corp.—Places

1,
be

Privately—•

p.

2456.

Ralston Steel Car Co.,
Columbus, O.—New Directors—
Louis C. Lerner, of the investment firm of

4%

July
will

Loan

The corporation it was announced
May 21 has sold $750,000 subordinated notes to The
Mutual Life Insurance Cofc
of York through E. H.
Rollins & Sons,
Inc., to meet its
needs of expanding business.—V.

165,

bonds,

refunding

to retire

1947—Month—1946 " 1947—12 Mos.—1946 1
$2,624,183
$2,488,917 $30,746,176 $28,956,719

Balance
Int. and amortization—

.(The) Pittston Co.—Partial Redemption—

.

its

be used

1,184,020

tax.

Other

1909

Dayton; Ohio. Recently a newly
production at Springdale, Pa.—V. 165,

commenced

'

with

Co.

-

Newark,

New

-

•

semi-durable

alkyd,

Mexico—Proposed

would be

165,

■

of-

1

company for funds spen*
corporate purposes.—V.165,

operating companies served by this cor¬
May 24, 1947, totaled
218,280,000 kwh.,:
kwh. for the
corresponding week last
13.6%.—V.' 165, p. 2803.

Operation

ot

'

ask

the

other

Co.-

finishes,

Varnish

to

$4,500,000 first

ended

Depreciation

The

Division

the SEC

sell

.

-

the

__

Varnish

'

-•.'.

Puget Sound Power

Net

President.

by

to

'

"192;123,000

Period End. March
31__

3800

-

increase

an

Other

Forbes

Higgins,

of
week

with

112..

Co.

manufacturer

the

compared

Maintenance

6871)

9

mortgage bonds of four constituent
to pay "a
$1,000,000 bank loan. The remainder

Electric

Registration Statement With'

'.'

..

June

k

-

construction .purposes,—V,

as

board

M.

'

*

comparable.

company

poration
number

:

$2,585

company

reimburse

and

669,797

.$1,359,774

Public Utility Engineering & Service
Corp.—Output—*

A

'

the

*

not

bidding.

to

improvements

'•

•

year

Hearing—.

been

articles

were

1

$135,904 !$1,805,927
'

provement program. Net proceeds
would
of $5,492,000 of
first

In-

—

the

which

of

shares.,

increase

an

1907

.constructed

165, p. 2802;

this, company which
Co. on May 31, 1947.

$2,029,571

352,179

has asked the SEC for
permission to sell at competi-.
tive bidding 20,000 shares' of
cumulative preferred stock and
$6,800,000
Of- first mortgage bonds in
.

1946.-—

paint, varnish, and enamel producing plants operated by the
Pittsburgh Plate Glass Co.'s paint division are located at Milwaukee,
Wis.; Los Angeles, Oal.; Pittsburgh, Pa.; Detroit, Mich.;
Portland, Ore.;

to

Pacific Power & Light
Co.—Merger Approved—
Paul

approved

incorporated in
was changed
to

.coatings.

end

$2,158,106

55,816

have

the

on

bonds

Financingt—

the.

.

was

Located

A
.

for

increase

Other

business

.,$191,7.20

28,900

$4,165,981
715 799

Public Service Corp. of Now

•

for common stock.
Warrants
3
p.m.
Time) June 30.
Bankers Trust Co. will also act
stockholders -who wish to
buy additional warrants in

connection with

15

Ohio,

will

oleoresinous,

been appointed
warrants issuable

close

from

40-year-old

products-

from

16 Wall Street, New York, has
consolidate and ■ split
subscription

stockholders

Standard

agent

arising

-

•

subscriptions

(Pacific
as

$2.60

income

Co.,""

Agent (to .transfer,
to

$2.57

on

Subscription Agent, Etc.—

•;

3,747.891

_________——

♦Equivalent .to reduction in.. Federal
refunding operations, etc.
>

bond

16

1,372,143
given to

.

*

.'.Net income
Dividends

63L90O

-of-

parties

hearing

2803.

p.

West 143rd Street, in Cleve¬
land, the Forbes Finishes Division facilities include
15 plant and office
buildings,
_1. ;
Principal outlets for the newly acquired
division's specialized pro¬
duction, finishes are the automobile, home
appliance, furnace, heater,
air-conditioning apparatus, office appliance, "metal
furniture,
wood
products;-rubber- products, machinery,
tools.and "equipment industries,
r
These
finishes
consist
principally
of
primers
and
undercoats,
lacquers and enamels, * which are
factory applied to manufactured

-

-

,

;

10,347,491

__

788,722

1,042,500

$164,259:

-share

property

and

consists

now

was

Pittsburgh Plate Glass

A

firm
■the

34,357,516

—

discount

charges'—^

also

company

unit

-

*»Special

Cancels

May

r-

:

.

Bond" int.

for

1947, upon presentation

j

89,700

require.

The proceeds will

f

for
on

stock, and

Cleveland,

ne.w

45,793,190

.382,913

•

a

mortgage

;

Operating

the

33,974,603

——

.

.<

,

for

of

the

of

Pittsburgh Plate Glass Co.—Acquisition—

22,399,076

.

,

Bank

payment

corresponding

prior preferred $2

34,659,080

—

|

immediate

Interested

"

-

91,100

SEC Grants Time

-;

.

.

common

,

year,

58,460,948

24,939,769

35,497,998

income)

*

Miscellaneous

of

-

amortization—
on

Co.

receive

may

Directorate—

Aproval

nncollectible

76,784,213
and

taxes

bonds

.The registration statement (No.
last
and
covering 50,000 shares

:—

.Net

847

'

-

580,910

stock.—$0,235
;; *Per common slrnre earnings for last

Pig 'n Whistle Corp.
drawn—i

161,312,294

.

.

Trust

trustee, J2 Wall St.,
thereof, at the Con¬
Chicago, 231 So. La

-

57,741

-

—

per

"

.,Mfj$193,159

divid.

Gillies, Vice-President in charge
of radio
production, and Robert F. Herr, Vice-President in
charge of
the service division, .were elected to the
board.
The
15 retiring di¬
rectors were reelected.—V.
165, p. 2803.

-'1946

•

171,196,583

ins.,- -casualties,

called

stockholders

members

T

*

accounts And pensions
Provision for depreciation

&

2803.

p.

preferred

427,500

u

revenues_____-

for

prov.

ing

: $2,268,677

^

Gross

$4,165,134

$3,781,516

income—

income

stk.

Earned

Payment will be made at

electric

165,

The

Subs.)—Earnings—
'

...

.

July 1, 1947, for account
collateral trust sinking fund

pf incorporation to cancel 620,057 shares of. B stock
standing and owned by the company.
Following this

$2,696,177

427,500

(&

taxes

Net

on

1.

deductions:
on

has

Balance

ended

creases

665,163

,

$2,323,566

surplus

12 Months to Mar. 31—
.

1,184,984

'

$339,161

deductions„___;___

Fed.

covering

stock

"

$323,092
38,833

connection

$3,361,341:

$2,751,066

Pacific Gas & Electric

Bank

Philco Corp., Phila.

."

dividend

SEC

'

income

Non-recur.

•

,

the

preferred

output of the company and its subsidiaries
May 24,". 1947," amounted ,to .128,223,000
kwh., an
13,595,000 kwh., or 11.9%, over the

V.

Br27,467

640,139

165, p. 2418.

#

46,782

$3,391,205.

L___l—_______
—J

stock

Balance

The
week

$3,388,808

,L_.—.
L—!

income

preferred
•

:

with

Philadelphia Electric Co.—Weekly Output—

of

2,455,550
1,589,598

____

__i—

L.

income

Income
Net

income

income—-net

redemption

full'redemption .price, plus interest to July
1,
and surrender of their bonds.—V.
165, p. 2006.

773,856,

1,774,792

:

.

29 last

convertible

2142.

p.

National

Holders .of .the,

-

1,814,650

Sept.

Total

924,955

income ~

accruals

Utility: operating

Other

$2,875,637

661,959

filed

Salle. St.; Chicago,
111., or at The Farmers Deposit- National
Pittsburgh, Wood St. and Fifth Ave.,
Pittsburgh, Pa.

2,658,304

1946

.

Bank.of-the City of. New
York,
or "at the option of the holders

York, N. Y.,

tinental Illinois

940,924

taxes" on

New

$5,533,941

"."

;

..

the

the First National

7,992

$16,044,802 $16,190,726
7.508 nsi
7.057 057
7,508,051
7,057,957

uill—_—

State

y

•

.

sinking fund, $162,000 of 4JA%
bonds, due July 1, 1961, 'at 102 and interest.

$5,525,949
-

*

cumulative

The company jhas. called .for

of

.

1947

:—:

.

taxes

1

.

—

•

7,757

.

"$3,726,612

'r

Maintenance
Federal

•

1947—12 Mos.—1946

$324,213
Dr 1,121

income

the

proposed

$841,297 $11,185,809 $10,574 95(1
400,613
6,128,184
5,224,832
'

118^93

Gross

Registration. Statettient

—

Pfd.

Co.—Earnings—

_______

Operation

General

amending

Hampshire—Earnings—

$924,402

Non-operating inc.—net

Philadelphia Co.—Partial Redemption—

.1, ,593,447

2317.

p.

stockholders;

company's

1947—Month—1946

income

i

'

1, ,953,462

$1,338,414"? $1,402,211 / $5,111,447
•
-329,495
353,022
1,384,835

income

165,

1,994,334

,.

.

Net

525,666

$1,338,341

—

income

Income

r

special meeting of

mee.^ng was scheduled to
incorporation to make possible
financing.—V. 165, p. -2803.

Period End.
Apr. 30—

,

.

«

lOOjOOO

..

23,185

449,805

taxes

Gross

23,056

453,000

______

Net

5,821

Co.

•'y.:

•

Othef 'income

853!243)

income

Operating revenues.::.
Operating expenses....
Taxes, other than Fed.

1, last.—See also V. ,165, prG.234. -Wt

Rubber

Withdrawn—

;

electric investments—
Prov. for Fed. taxes on
income

Other

501 088

488T07

<

$1,890,996

revenue

i

V 1947—12"Mos.- -1946

$4 ,532,843

1,736.227
;

retire,

267 160

509*.204
579,492
895,711

tax

-

1947—3 Mos, —1946

$4,721,401

_____

fpr

Amort,

1946

.2,806,221

,

.

initial

for

$6,758,684

v

i,,. Period End. Mar. 31Operating revenues;
Operating expenses

bidding

3,807,754

certificate-of
new

regular quarterly
dividend
$2,50 par value capital stock,

June

apn

State

-

.

repairs

Colorado

The .company

'

common

a

the

on

made,.on April

was

competitive

Special Stockholders'
Meeting Recessed—

1947

declared

share

per

the

other- states

$1,309,167

be

May. 20

cents

order

up

Balance surplus

subscription rights

Perfect Circle Corp.—Dividend No. 2—
(No.

Its

several

$8,090,940

replacements

interest

sub¬

shares

quarterly
opening .of the New York Curb
paid on July 1, 1947 to holdersbusiness on June
14, 1947.—V. 165, p. 2674.

dividend

the

specified

corporations.

with

de-.
but at a,
bid method

only,

will

at -the ;June

The
at

for

Provision

.

record

,The

stock

•

-

and

preferred

action

company

sealed

—.—

1, 1947, so that such shares willmentioned dividend of 50c
per
share.
be quoted "ex" the
regular

the' below

common

and

operating

Total

common

each

utility

partially

1947,. the. right .to

stock

^issued until after'July

Exchange.

Net

-

subscription "price of $33
per
share.
that/the/subscription rights will-be issued on or
about

par

public

California

years

the

bidding in
thus lining

securities,

anc*

few

the

similar

the

Other income

•

the

at

of

last

for

Net

its

petitioned

for

debentures

competitive

various

^ew Yor'<
the

Co.—Rights, Etc.—
of

and

extended

(other than

Gross
.•

it

specify

the

income)
for Federal income

2803.

p.

will

of

Provision

stock¬

a

securities

Cleveland

Subsequently

the'bonds

Provision

stockholder

a

.•••

share

"held

Provision
Taxes

earnings of partially owned nonincludes $3,086,000
repre¬

earnings

■

Maintenance

partially owned
$1,700,000 rep¬
as

these

CONSOLIDATED INCOME STATEMENT
Months Ended March 31—

3

the

-

of

of

stock.-

sale

have ..in

Co.

operating ' revenues
Operating expenses

Parain

for

Commission,

Commission
the

all

Gross

all

amount

indirect

9,

additional

one

participate, in

The

.

yy•'

Oklahoma Gas & Electric

to

expected

will 'not

r-.

of

.

'

'v

of

net'interest

-

valves,* caps, strainers, gauges, and other items used
the storage, dispensing and
transportation of petroleum
products; by
filling stations, oil companies and manufacturers of
pumps and storage
tanks.'' The principal products are sold
under; the name "OPW" and
the business will be carried on under "the name of OPW
Corporation;
v
George L. Ohrstrom, Merrill Stubbs and Mr.
Cavanaugh, partners
of G.
L.
Ohrstrom & Co., have
become members of the board of
directors,.

indirect

subsidiaries,—V.

<

•

stockholder

includes

June'9, 1947. '...'
'•
/ Subject .to the offering being made, the certificates
for the
stock .of the, company issuable
upon exercise of the

developed,

was

"

complete

and

undistributed

common" stock

It

,

company

direct

non-consolidated

scribe

of

partner

The

and

for

the

securities

'

-$1.07

provision

representing

quarter

amount

) The company proposes to offer~to the
holders
of .record at the close of business
pn June

.

This

particularly for the handling of gasoline. "

direct

Peninsular Telephone

.

the

JThis.

subsidiaries.,! -fsThis

combined

.•

:
Ohio Pattern Works &
i—Control Acquired— - •

$839,000
interest as a

the

31, '45

t$4,007,000
" 3,752,136

$3.09

estimated

includes

the combined undistributed

Paramount's

in'the

11,018

2674.

p.

Paramount's

consolidated

pro-

NOTE—Conversion

including

and
indirect
net
.undistributed earnings lor

£311,839

____

charges

ppiir,consolidated ,subsidiaries.

1,021,056.

■;

and

tThis ",amount

direct

combined

£53,835

.

.tons

educed,

1947—9 Mos —1946

£133,000

share

Long

mount's

1947—3 Mos.—1946

deprec.,,

taxes

and

taxes.

Mar.

3,752,136

bids

preferred

2

m

£$9,522,000 §$11,587,000

outstandings—

interest

Federal

O'okiep Copper Co., Ltd.—Earnings—
Period End. Mar. 3,1—

the

for

before

■The

which

.

"■After

■

to

Detroit

Inc.—Earnings—

Quarter Ended—'

\

Net proceeds from the sale of the preferred stock will-be added to
the general funds of the
company to discharge bank loans and to add
to working
capital.—V.
165, p. .2317.
"
•
'

Profit

The

Stuart &
bonds and debentures.

the

call

hearing-

°

Paramount Pictures,

,

.

of

2317.

p.

sell,

competitive
bidding
Co. of Chicago took

Halsey

to

to

proving

purchase

v

-

cided

Dodge was recently appointed
Special Minister to Austria to
represent Secretary of State George C,
Marshall in the
drafting of the
Austrian peace treaty.
Mr. Dodge is also President

Offered

and

respect

•

Mr.

O'Briens of California, Inc.—Preferred

company's original .plan
was
to
private negotiation, but Otis
&
Commission
to
require

through
the

General

directors,

resigned,

1

,

The

Packard Motor Car Co.—New
Director—

Mass.,

and
directors.

trustee,

John
as

a

Lerner

Carl

R.

Turner

of

W.
Hubbard, Pittsburgh,
director.—V. 165, p. 1234,

Columbus,
Pa.,

has

Ohio,
retired

&

have
as

Co., Boston,
been elected

Chairman

and

10

Domestic Subs.)—Earnings

Radio Corp. of America (&

This
*

ITotal

of

selling and

Depreciation

-

Amortization
Interest

„—:

♦Portion

of

taxes

income

—

expenses

income

dividend

Preferred

543,400

1,254,000
$3,160,224
788,200

$4,680,065
788,200

;

—:

to

meet

rates.—V.

to

be

reduced

at

extended

The

stores
last

in

operation,

year.—V.

1947—4 Wks.—1946
1947—20 Wks.—1946
$84,091,705 $61,960,071 $408,232,419 $304,181,811

during the

company

weeks ended May 17, 1947 had 2,407
in the corresponding period of

four

against

as

Co,—Rights to Stock¬

is offering 147,942 additional shares of capital stock
stockholders of record April 5 at $2 per share on the
new
shares for each ten shares held.
Rights expire
June
30.
Stock is offered to stockholders in the States only where
the stock has been qualified for sale.
South Coast Corp., which owns
34.37% of the outstanding 493,138Va shares has indicated its inten¬
tion of subscribing to its pro rata amount consisting of 50,480 shares.
Proceeds
will
be
used
for
working capital.
The authorized stock
was recently
increased to 1,000,000 from 500,000 shares.
The

company

10(f)

(par

basis

Safeway Stores, Inc.—Current Sales Up 35.7%—
Period End. May 17—

Sales

South Shore Oil & Development

holders—

new

$21,500,000 in notes
165,
p,
2549.

including

interest

17,266

120,499
3,215,000
24,000

-

-

Federal

for

Provision

Net

patents

of

——

able

be

program the Cotton Belt will
all its debts and the debts of its subsidiaries as they

mature,

43,239,486
533,548

67,486,034
771,998
262,500

the

under

claims

trustee

The

$76,560,096 $48,972,924

from all sources
general 'operating, developadmin, expenses
;—

goods

ment,

i

income
sold,

gross

Cost

would substitute for the reorganization plan approved
proceedings in 1944.

program

bankruptcy

under

1946

1947

Quarter Ended March 31—

Monday, June 2, 1947

CHRONICLE

THE COMMERCIAL & FINANCIAL

(2930)

to

three

of

2,430

165, p. 1909.

California

Southern

,

Homes,

Calif.^

Downey,

Inc.,

Plans to Build Prefabricated Houses—
*

for

Balance

Earn,

■!

$62,000

other

1947

)

1946

1945

125,797

$282,242
116,060

$273,491
136,715

$109,851

$166,181

$136,776

Dr5,321

t414,250

' > 6,948

3,936

$181,441

$524,101

$173,129

$140,712

expenses-

gen.

-Profit

(net)

income

income

Total

Prov.

depl.,rdepr. &

for

amortization

•

.

68,890
11,106

.

taxes

v

79,189
19,638

73,644
17,166

64,459
149,163

$310,479
$82,319
$41,886
♦Earns, per com. share
$1.37
$0.^5
$0.12
♦After dividends
on
5%%
cumulative convertible preferred stock
series A.
tlncludes net gain on sales of capital assets, $430,241; other
iricome, $7,090; total, $437,304; less other deductions, $23,055; balance,
Net

164,

$414,250.—V.

March

On

each

In
of

of

10

of

161,

of

quarters

on

31.
in

1946.—V.

The

the company paid a dividend

1946,

will

the underwriters
will be used to
outstanding $7,675,000 bonds and to repay $3,500,000

($100 par) preferred stock. The names of
determined by competitive biddings Proceeds

all

redeem

bank

SEC
and

May 26 filed a registration statement with the
first mortgage bonds, Series L, due 1977,

on

its

of

and

loan

finance

to

construction.—V. 165, p.

new

2803.

Fred E. King, Secretary and Controller, has been elected Executive
Vice-President, succeeding Edward C. Wilson, retired.—V. 164, p. 2963.

Rosslyn Loan Co., Inc., Arlington, Va. — Preferred
Offered—Miller & Patterson, Richmond, Va., in

1

Fed.

operates a. pawnbroking business in owned premises at
Arlington,
Va.,-. ; Capitalization >. authorized
and outstanding consists
of
2O.0Q0 shares' of 6%: cumulative preferred stockiijpar $10)
and
100,000 shares of common stock (par $1).—V. 165, p. 1596.

,

$3,208,754
1,404,389

directors

The

the

on

like

13,041
19,707

195,472
263,975
383,370
179,408

income—

8,466

& amor.

16,172

29,200
16,622

$55,588

$62,152

$737,275

capital stock, payable June 25 to holders of record June 10.
A
was
disbursed on March 25, last.
Payments in 1946 were

amount

follows:

as

and

Dec.

cents each;
year-end of $1.—V. 165, p. 2457.

March

20,

a

and

25

25,

(Tune

899

1,424

7,363

7,821

income

$56,488

$63,577

$744,638

deduct.

9,201

8,326

102,420

$733,262
116,177

$47,286

$55,250

$642,218

$617,085

22,724

—

on

accru.

income—net

Other

Income

income

165, p. 2318.

1, next; 1,050
shares of its outstanding 4V2 %' cumulative preferred stock at $106.50
per share and dividends.
Payment will be made at the Manufacturers
Trust Co., 55 Broad Street, New York, N.
Y.
Holders of the called shares may receive immediate payment of the
full redemption price
of $107.62 V2 per share upon presentation and

„

surrender

of

called

has

company

redemption

for

their shares.—V.

July

on

St. Louis-San Francisco Ry.—Earnings

Leslie

G.

Vice-President in charge of manufacturing,
succeeding William F. Seeman, retired.

Thomas,

elected

been

Total

revs.—

$7,447,520 $34,196,135 $31,383,729

$8,363,842

& struct.
equipt.—
Transportation exps.—

•

1,270,697
1,462.884

operating

Maint. of

Maint.
Other

Other

income—

738,560

—-—-V

income

2,385,674

$7,388,104 $27,563,182 $29,904,652

$6,921,047

oper.

ry.

621,622

6,282,884
7,155,516
13,992,975
2,473,277

4,983,557
5,905,641
14,288,310

591,390

expenses-

oper.

1,523,578
1,796,556
3,446,348

3,596,076

expenses

Total
Net

way

of

3,131,846

♦458,377

*675,409

40,943

48,302

170,523

194,313

;

$779,503

*$410,075

$3,302,369

income—

6,817

3,918

72,115

*$481,096
19,723

*$413,893

$3,230,254

*$500,819

,

"

income

Total

Deducts,

from

has

director,

a

fixed

available

charges

♦Deficit—V.

for

\.

$772,686

——

165, p.

payable
of

like

or

to

quarterly dividend

omit the

June 12 on the common stock.
in each quarter during 1946
March 15, 1947.

about

made

were

paid

was

voted

23

May

on

cents

15

amount

Paul

on

President, said commitments for essential

Hetenyi,

Dis¬

Other

To Return to Private
=

The company has obtained Federal

:'

.:,with plans to
private
directed

.missal
its
The

the

of

old

.

,

,

v..

.

a

railroad

July

District

railroad's

Judge

Court authorization to proceed
reorganization and return to

of

George

trustee,

reorganization

Commerce

out

1.

H.

now
a

in

at

Henwood,

Berryman

plan

Commission

More

litigation

plan

for

St.
to

and

setting

petition disfile with the
up
operation

action

came

take

the

on

petition

a

carrier

out

of

outlays

made, they
2458.

being

now

said.—V.

he

165,

Counsel' for the trustee

said

mortgages and preserve the

money

available to

was

right of every

pay

meet

being

are

in

retained

off

these

The

company

May

of

its

28

filed with the ICC

system.




a

program

SEC

$757,390

$762,137

31,009

30,677

186,550

468.554

$108,083

Natural

on

$103,536

$570,840

$293,583

mortgage
May

May

1,

—V.

154,

5s

the

shares

rate

of

of

outstanding

common

of

stock

common

share

one

the

the

of

stock

common

Production

of

stock

common

payable

dividend

rata

pro

Production

of

Said

Southern.

of

for

be

will

each

at the
share

to

charged

Federal Water & Gas Corp., as the owner of 765,022
stock of Southern, will thereby receive a like
number
of shares of Production.
Federal states that it intends to
retain such shares of the common stock of Production for such period
surplus.

of

time

the

common

would

as

be

of Federal
Commission as soon as possible
decision in SEC against

effectuate the dissolution

required to

Supreme Court hands down its

S.

Corp.—V.

Chenery

164,

p.

2590.

Southern Pacific Co.—Bonds Authorized—
The

ICC

May

on

authorized the company to issue not exceeding
Terminal first mortgage bonds, series A,
par and
accrued interest and the proceeds

20

$22,500,000

of

San Francisco

sold

at

99.30%

be

with

together
V.

other

of

funds

used

Terminal first

Francisco

165,

redeem $24,767,600 of outstanding
4% bonds due April 1, 1950.—

to

mortgage

2676.

p.

York

New

this

outstanding

$10

share

Curb

has been advised that the capital
changed from shares having a par
par value of $1,
on a share for

Exchange

basis.

redemption July

for

1

next of

x'

1496.

p.

the

1,409,212 shares,
of its non-utility
subsidiary,
Co., Inc. Southern has outstanding a correspond¬
ing number of shares of common stock.
It is contemplated that the
board of directors of Southern will declare a dividend consisting of all

issued $60,000 first mortgage series A 4s,
due $2,000 annually May 1, 1948-1957; $2,500
$3,000 May 1, 19$8 to May T, 1972, inclusive.

and

1958-1967

all

things,

other

among

owns,

of

company

1947 and

1,

Approves Div. Plan

order approving the following trans¬

an

Production

of

call

with

connection

In

dated

Co.—SEC

Gas

issued

May 23

consisting

stock

"" "

"

has been
having

company

shares

into

a

Beginning May 27, transactions in the company's capital stock were
the $1 pat value fchares.-^V. 165, p. 2550.
'
T'

recorded in
*Wf

!.i

''

.

.r

.i.'.v.'-

.

,0

is-

' -1;

,

■"''■+**&

'

-hsn

-"j

\

-

•

v;

'*•'

i

•

'

Southeastern Greyhound LinesSubs.)—Earnings—

Co.—-Stock

Oil

Penn

Sold—The

First Boston

the purchase and sale of
20,000 shares of common stock at market (approximately
$8 per share).—V. 163, p. 3144.
26

May

announced

Net

Sold—The

un¬

and

Harris,

& Co.

Hall

(Inc.), which on May 28 publicly
portion of company's convert¬

offered the unexchanged

preference stock in the amount of 203,580 shares at

ible

$29 % per share, announced that the offering had been
completed and the books closed. A private offering of

cumulative preferred stock was also

W.

Mullendore,
President, announced May
of
the
combined outstanding total of

C.

87.687%

27 that holders of
6%
preferred and

the company's exchange offer of
The offer,
in connection with the company's
$95,000,000 preferred stock refunding program.
Acceptances of the offer will result in the issuance to old stock¬
holders
of
1,449,849
shares
of cumulative preferred
stock, 4.32%
series, and a like amount of preference stock, 4.48% convertible series.
The unexchanged portion of the new issues,
amounting to 203,580
shares of each class,
was purchased
by a nation-wide underwriting
group headed by The First Boston Corp., and Harris, Hall & Co, (Inc.)
The company intends to use the proceeds to redeem all unexchanged
shares of the 6%
and 5%%
preferred stocks on June 23 at $28.75
5'/2%

new

stock

preferred
expired

of

share and

May

26,

made

was

of the

stock

new

refunding

p.

2550.!

48,747

£513,963

$1,291,870

$4,584,227

$6,995,599

income

3,560

5,043

14,842

484,104

1,732,909

12,868

52,236

18,695
4,635,082
59,038

$789,854

$2,784,240

$2,282,784

$2.56

$2.10

deductions

Federal

192,014
5,104

Income

income

State

$313,285

—

share

per

♦Based

tax—_

tax

income

Net

♦Earned

$0.73

$0.29

1,085,636

on

shares.—V.

165,

1635.

p.

Southwestern Public Service Co.
$972,253
392,857

revenues

Operating

expense

for

70,740

52,726

663,538

583,110

62,691

48,372

78,747

61,965

803,515
856,329

776,398

inc.)

$367,2l9

$278,331

$4,542,782

$4,077,140

211

Drl43

11,367

Dr5,204

$367,008

$278,188

$4,554,148

$4,071,935

Taxes

(och.

than

Net

oper.

income
(net)—

income

Other

income

Gross

Net

-

766,556

1,630,946

income

dividends cumulative pfd.

stock

2.521,817

$2,923,202
262,712

deductions

Income

1947—12 Mos.—1946

$775,776 $11,100,901 $10,260,871
334,381
4,234,737
4,057,668

retirements—

Maintenance
Prov.

*

(& Subs.)—Earnings

1947—Month—1946

Period End. Mar. 31—

Operating

$1,550,119
237,500

shares common stock
Adjust, for net amt. of certain non-recur. items

$2,660,489

Dr348,000

147,000

stock—

$2,312,489
$2.04

$1,459,618

Balance

applic.

to

$1,312,619
_4

.

3

AND

Adjust, bal. applic. to shares of com.
♦Earnings per share of common
♦On

•

EARNINGS FOR

12

1,134,252

MONTHS ENDED MARCH 31

1947—3 Mos.—1946

1947—12 Mos.—1946

$17,154,671 $75,463,109 $68,759,198
15,336,177 13,138,955 60,756,731 54,129,658

operating revenue $19,444,599

operating expenses

Net operating revenue
non-oper.

revenue-

(new

shares

stock

stock)

:

calculated

on

$1J29

basis of adjusted

balance.

Jacksonville

NOTE—The

Total

47,203

■

Period End. Mar. 31—

Total

$4,537,024

13,580

••

offer and the underwriters' offering
shares will complete one of the largest pre¬
operations in the history of
public utility

exchange

This is expected to pave the way for the future raising of
an
estimated $75,OCO,OGO of additional capital by Southern California
Edison
Co.
to
finance
its record construction
program.
(See also
165,

$1,278,290

9,691

income

Gross

$6,946,851

$504,272

revenue™

income

Accrued

accrued dividends.

unexchanged

the

had accepted

preferred and convertible preference stocks.

cumulative

which

—"

oper.

$4,646,807 $19,226,765 $20,628,120
3,368,517
14,689,741
13,681,269

$4,025,618
3,521,347

revenues

oper.

1947—12 Mos.—1946

1947—3 Mos.—1946

Period End. Mar. 31—
Total

Expenses

Other

$4,108,422
242,311

$4,015,716 $14,706,378 $14,629,540
157,742
1,040,625
813,906

$4,350,733

$4,173,458 $15,747,003 $15,443,446

and

Aug. 31, 1945, but earnings
statements for all periods

sold

above

Marlin-Mexia Group properties ?were
of these properties are included in. the
prior to that date.—V. 165, p. 2458^.

(A. G.) Spalding & Bros.,
The

directors

declared

have

a

Inc.—Declares Larger Div.—
semi-annual

dividend

of

50

cents

share on the common stock, payable June 16 to holders of record
9.
Last year, semi-annual distributions of 40 cents each were
made on June 15 and Dec. 16, and, In addition, an extra of 70 cents

per

income

Gross

—

1,147,247

1,175,394

4,681,102

4,727,995

June

was

Net

—

income

dividends

$3,203,486

—

1,256,490

dividends

Common

1,194,052

$2,998,064 $11,065,901 $10,715,451
1,258,610
5,024,958
5,024,898
1,193,656
4,771,865
4,771,848

$752,944

$545,798

$1,269,078

$918,705

Earn, per share on com.

for voluntary

$134,213

output of this company for the week ended May 24, 1947.
2,167,000 kwh.,
as
compared with 2,035,000 kwh. for the
week last year, an increase of 6.5%.—V. 165, p. 2804-.

value

Ealance

reorganization

4,583

$139,092

Southern Pipe Line Co.—Par Value Changed—

.

Files Voluntary Plan for Reorganization—

$757,554

1,812

the business,"

Co.—Refunding—

South Carolina Gas

Preferred

party and interest.

$755,578

deductions

The

railroad
to

2,434,890

$134,209
4

income

Southern

p.

Interest, etc., deductions

receivership.

$3,192,444

2,697,677

actions:

San

filed

jointly by the railroad and its
reorganization and end its 12-year-

$3,453,255

424,661

$139,092

income

The

nearly 45% more than the $2,238,890 for the like 1946 period.
Cur¬
rent
earnings exceed dividend requirements, but because of capital

Net

No opposition appeared to the proposal which stated the
"is no longer in need of reorganization since it now is able
Its obligations as they mature."
'
■
'

Mo.,

Louis,

1947—12 Mos.—1946

$558,871

Electric

to

V.

own.

trustee to

^

after

States

Interstate
on

take the

control

United

...

-

Ry.—Court Approves Plan—

,

corresponding

sitate the conservation of

Consummation

Ownership July 1—

1.,V

473,592

income

totaled

equipment,

with

connection

in

ferred

Southwestern

about Aug.

production

Weekly Output—

and

the corporation's expansion program, neces¬
working capital for increased production.
"Sales for the four months ended April 30 amounted to $3,258,131,

made

financing.

St. Louis

including

not

but

California,

1947—2 Mos.—1946

income

Net„ oper.

after the U.

/fiThe directors''on

.

2549.

complete

Southern

pursuant to a plan to be filed with this

Omits' Common Dividend—

a

Balance

sheets.

the

to

$612,684

deductions

of
*

of System-

1947—4 Mos.—1946

1947—Month—1946

to

get into

to

revenues

rev.

shares

Director—

made.
Period End. April 30—

plans

earned

203,580 shares of

2457.

165, p.

limited

be

Oper.

of

derwriting group headed by The First Boston Corp.

(Jacob) Ruppert—Calls 1,050 Preferred Shares—
The

bonded

when

Southern Colorado Power Co.—Earnings—

Southern

Southern California Edison Co.—Stock

"

■

will

The' company

stock,

Gross

25, 50 cents;

Sept.

25

on

initially in the
Metropolitan Los Angeles area.
The houses will be distributed by a
subsidiary of Southern California Homes Inc. which will be responsible
for erection and finishing on the site.
'''■*!

$725,441

taxes

Corp.

dividend of 50 cents per share

declared a

27

May

on

Distribution—

alloy

of the house, erected and
estimated by OHE at $6,410.

is

Distribution

$2,825,100
1,077,432

273,128
287,385
304,193
197,381

South

(The) Ruberoid Co.—50-Cent

..

a

1947—12 Mos. 1946

$232,107
91,384

32,982

taxes

res.

first

Company

announced

was

a

1947—Month—1946

Utility oper. income

April offered 20,000 shares of 6% cumulative preferred
stock at par ($10).
Proceeds will be used for expan¬
sion purposes.

it

material,

type

new

a

price

land,

Stock

*<,

of

alloy.

Operating

$254,891
118,957

revenues

Operation
General

resigned.
•

,

The

their

of

panel made from plastic-impregnated

a

aluminum

Gross

Maintenance

a

of sales and
Ernest L. Olrich,

Vice-President in charge

formerly

Humphrey,

C.

declared

23

Period End. March 31—

Operating

ordinarily

Rollins Hosiery Mills, Inc.—New President, Etc.—
Coy

merchandising, has been elected President, succeeding

■

at

1110.

p.

tributions
b

Corp.,

Registers

—

$16,677,000

be

165,

May

on

Solar Manufacturing Corp.—New

50,000 shares

form

the

Net

Net

Gas & Electric Corp.

(N. Y.)

company

covering

Gas

Recon¬

Sierra Pacific Power Co.—Earnings—

With SEC—
•<v*'

&

dividend of 5 cents per share
the common stock,
payable June 11 to holders of record May
This compares with 15 cents paid on March 11, last, 25 cents
each of the three preceding quarters and 20 cents on March 11,
directors

The

—V.

Rochester

Oil

the

kraft paper
honeycomb faced with thin sheets of high-strength
The paper core, itself strong, develops the strength

Is

Period Er.d. Feb. 28—

467.

p.

built

be

Southern

share, and, in addition, on Dec. 20 disbursed an
which brought total payments last year to 40 cents

per

cents,

share.—V.

per

four

the

cents

7V2

extra

Seminole

of

Semler, Inc.—Declares Smaller Dividend—

(R. B.)

/

last.

20,

the

Directorate—-

annual
meeting held in Wilmington, Del., on May 5, re-elected the present
board of directors, and added two new members—H. McCoy Jones of
Washington, D. C., and Alex H. Godfrey of New York City.
The board, as now constituted, consists of the following: Thomas B.
Wright (President), Fain Gillock (Vice-President and General Man¬
ager)
H. McCoy Jones, Alex. H. Godfrey and V.L. Mario, (Secretary).
—V. 163, p. 2014.
/

20 declared a

May

on

to

material

aluminum

stockholders

requested

has

Creedon

R.

Corporation to issue a guaranteed market contract
for the construction of 250 prefabricated

corporation

29.

The
in

Frank

Expediter
Finance

above

houses

May

Co.—Extra Distribution—

dividend of 10 cents per share,
.plus an extra dividend of 10.cents per share, both payable June 20 to
stockholders of .record June 5.
A distribution, of 10 cents was made
directors

The

2318.

Seminole Oil & Gas Corp.—Increases

Ret.

Vi

Lewis S.

165, p.

The

the

this

River Raisin Paper

l...

Mrs.

the

Income

stablilize

help

to

uncertainties,

Housing
to

of

Price Basis—

Brass, Inc.—On Fixed

price situation on copper and to
corporation will immediately sell on
a
fixed
prices basis for a
sixty-day period ahead, announced C.
Donald Dallas, Chairman of the board, on May 27.
"Since the
end
of the war we
have been selling on a price at
time of shipment basis," Mr. Dallas said.—V. 165, p. 2142.
order

In

eliminate

Boston

the

of

late

2589.

p.

Revere Copper &

56,000

Corp., it was announced May 21, acquired 56,000
corporation's stock for investment, from the estate of
Rosenstiel.
The price paid was not stated, but
at current market levels the transaction would amount to $1,400,000.

the

$101,446
$0.35

profit

Boston Buys

struction

First

The

shares

1944

$226,438
116,587

$186,762

&

revenue-

First

Schenley Distiller Corp.
Shares—

—V.

(& Subs.)—Earnings—

$312,558

3 Mos. End. Mar. 31—

Operating

Other

reserve

was

Republic Petroleum Co.

Oper.

for postwar rehabilitation
costs).—V. 165, p. 2803.

charged to the
adjustments of wartime

balance

(The

$0.17

$0.28

13,881,016 shares com.;_—

for 1947 and $3,300,000 for 1946 incurred for
reconversion, being the amount of the related tax reduction.

postwar
and

^2,37*n°i^

®3,893n8oo

stock

common

share on

per

*Totaling

stock

—V.

outstanding

165.

p.

2804.

$0.61

$0.54

$1.90

$1.78

disbursed

on

15.—V.

Oct.

164,

p.

1633.

Standard Milling Co.—Declares Extra Dividend—
The
share

on

23 declared an extra dividend of 20 cents per

directors on May
and

a

stockholders
March

of

20,

165, p. 2319.

20 cents per share, both payable June 20 to
10.
This compares with 20 cents paid
and an initial of 40 cents on Dec. 20, 1946.—V.

dividend

of

record

last,

June

Volume

THE COMMERCIAL & FINANCIAL
CHRONICLE

Number 4599

165

Purchase Sub. Co.'s

& Electric Co.—To

Standard Gas

Transcontinental Gas Pipe Line
Co., Inc.—Plans

.

Preferred in Market—

Miles Gas Line from Texas to Eastern
Seaboard—
An

acquire

granted company's application for permission to

The SEC has

a

preferred stock, series of 1927,
subsidiary, and donate them to
California as a capital contribution valued at $300,000.
The parent
company is to make the purchase prior to the proposed sale by Cali¬
fornia of 60,000 shares of its cumulative preferred stock and 18,000
in

the

of

the California

market 3,000 shares of 6%

open

shares

Oregon Power Co.,

par)

($20

Seaboard

a

stock.—V.

common

165,

ing

at

Sales

annual

their

meeting

stockholders

The

May

on

22

approved

in

proposal

a

questions.

to

answer

the

liberalize

to

Standard Oil Co. (Ohio)—Partial
T.

is

President,

May

on

amounting to 93% cents per share.
redemption will be made through The. Chase

for

date

is

the

at

the

of

purpose

close

drawing

business

of

June

the

of

the

solution

National

to

certificates

165,

be

holders
which

the

the

outstanding.—V.

common

165,

of preferred

Sales

for

the

quarter

first

in

the

quarter

of

company's

1947,

and

entered

Joseph

D.

Bohan,

division, died at Atlantic City, N. J.,

tthe
$33,800,000,

were

Vice-President

41,

11%

an

last

charge

May

on

Thomas

cause

the

over

year.

24.—V.

Co.

Centaur

the

of

165,

The

H.

directors

May 20 announced that
paid on the common stock

on

share will be
May

26.—V.

165,

dividend

a

June

on

2

of

and

to

stockholders

prices

cents

They also approved
shares

from

107,800

common

in

Sales
year

first
net

400,000

the

shares.

There

earnings

H.

Sylk,

1946,

April

showed

30,

President

the company

showed net

sales

$4,188,385

of

the

Mr.

Sylk

drug

disclosed.

not

The

In

of

has

company
New

acquired

Jersey.

The

paid

said,

no

the

present

$1

of

stock

dividend,

payable

in

stock.—V.

common

in

which

165, p.

in

to

file

claims

statement

in

of

stock

common

options

that

the

T. Hand,
elected
Treasurer, has been
well as Assistant Secretary.—V. 165, p.

the

of

at

15.
August.

closing price of the

ment
to

share

of

by

stock

common

capital
extra

granted to

were

called

for

under

quarterly

165,

26,300 shares in

Darryl F.

Zanuck,

shares

the

of

both

options,

have

of

of

50

23,

each

15

quarterly

the

of

All

each;

and extras

in

of

the

the

R.

If

Sylvania Electric Fro^ucts
directors have

The

declared

Inc.^-Dividends—

of

on

dividend

a

of

35

cents

of May

share <n the

per

an/1 the usua}0quarterly?f4ividend of $1 per.; share on
cumulative preferred "Slock, both payable July 1 to'holders of
20.
A
distribution of 35 cents per share was made on
the common stock on April 1, last, while in 1946 the
following pay¬
ments were made:
April 1, July l and Oct. 1, 25 cents each; and
the

Dec.

cents.—V.

50

165,

This

planes

the

Operating

1947—Month—1946

$695,594

$656,387

343,157

295,816

3,628,372

3,674,764

32,376

41,207

390,422

480,383

75,548

56,433

822,283

676,736

65,000

revenues

75,000

720,000

976,800

Operation
Maintenance
General
Fed.

Retire,

on

income-^

accruals—

res.

Util. oper.
Other

_

taxes

taxes

Gross

$7,676,949

51,118

40,833

520,972

$147,096

$1,619,679

$1,378,265

3,787

183

income

26,598

New

$147,282

$1,646,277

2,957

43,143

Sept.

of

$144,325

$1,603,133

$1,345,939

The

income —:

165, p.

...

The

of

V.

that

Dec.

100

be

it

165,

Of

An

17,

March

for

Co.,

The

& Light Corp,—
See

latter

163,

71

in

in

second

or

additional

share

■■

■

■

'

.'

•

,

See

Thermoid Co.—Capitalization
The

'

stockholders

the

at

annual

'

V.

2842.

preferred

120,000

to

on

May

approved

to

shares

and

the

authorized

stock

common

from

have

fleet

a

975,000

1,500,000 shares, par $1.

(a)

per share, up to and including April 16, 1951, now held by Thermoid
Managers' Group, Inc., and F. E. Schluter, President.—V. 165, p. 2319.
>

Civil

the

cents

t

of

on

stockholders
--

'The

share
,

approved the plan
certificates

new

of

on

has
May

and

that
the
plan of
has
been
declared
effective
19, 1947.
A majority of the
28,

be issued and the payment of $4.50
per
will be made by The Corporation Trust Co.,
as the certificates can be prepared, to those

estimated

The
cured

The

registrar
and

a

further

1950

120 Broadway, New York, N. Y.

Manufacturers

be

between

placed

Hawaiian

Aeronautics

in

air

*

for

new

the
class

Co., New York, N. Y., has been appointed
new issue of.$1.75 cumulative prior preferred stock
of

details In V.

common

165, p.

stock,

1637,




following

recapitalization.

See

research

on

first
and

18

directors

D.

elected

pound

Board,

for

in

the
to

for

be

each

sell

to

be

that

sale

of

its

6%

3V4%

notes

$21,825,000

demand

and

quarter

in

to

165,

April

Bond

18,

Crown

Can

Co.—

one

L.

A.

the

Brassell,

$1,000,000.

over

indicate

year

con¬

company's

in¬

year,
four are new
General Manager of

of

P.

J.

Stevens

&

(& Sub.)—Earnings—
1947—12 Mos.—1946

$1,338,732 * $1,184,594 $15,305,605 $14,185,275
995,040' hr 840,134
-

v..-.-.'

•

....

10,219,588

^10,251,345

■

.

$343,692

$344,460

$5,086,017

2,370

3,444

42,336

$3,913,930
46,542

$347,904
150,684

$5,128,353
2,392,520

$3,960,472
1,872,655

$197,220

$2,735,833

$2,087,817

1,422,289

355,572

*$158,352

$1,313,544

$1,732,245

$346,062
113,502

■

2716.

p.

May 15 issued

on

sale
$3

order

an

approving the

by

The

Middle West Corp.
Upper Peninsula, of
preferred stock (no

by

and

following

(no

trans¬

par)

Range

of

Co.,

18,000
shares

34,400

and

par)

purchase

4,000

Copper
aggregate

an

cumulative

stock

The

of Copper District Power Co.
Upper Peninsula of all or a part, but not
the outstanding common stock of Copper

by

shares,

of

Power

Range

(4)

of

The

Co. held by holders than The Middle West Corp, and
Light and Power Co.;
issuance and sale by Upper Peninsula Power Co. through

The

6%

loans

all

of

&

(6)

and

the

sell

to

proceeds

of financing its

by

United Fuel to

Columbia

of

Columbia

The principal amounts
instalments on Aug. 15 of

of

such

are

of

the

and

but

sold subsequent to Dec. 31,

in

such

none

of

amounts
such

1947.—V. 165,

p.

as

notes

256.

funds
will

be

are

by

be

years

required

issued

15,000

shares

preferred

and

the

stock

issuance

and

$100)

(par

by

sale

Upper

and

amount

Upper

of

cash

mortgage

of cash

bonds,

as

may

series

the $1,360,000

be necessary to redeem

4%%,

A,

due

June

1,

1956,

of

Copper

Power

Co.;
dissolution

The

of

Houghton Electric Light Co., Iron Range
Light & Power Co. and Copper District Power Co., and the transfer
and
conveyance
to Upper
Peninsula
of all of the assets of such
companies and the assumption by Upper Peninsula of all the liabilities
of such companies;
(9)
The payment by Upper Peninsula to Consol. Electric and Gas
Co., The Middle West Corp., Copper Range Co. and such other holders

unse¬

to

by

amount

first

mortgage

(8)

program

be

to

are

of

cumulative

payment

such

District

are

used

The

of

$1,149,000

additional

an

which, will be

1947 construction

of

Peninsula to Houghton Electric Light
as
may
be necessary to redeem the
bonds, 3%% sinking fund series due 1962,
of Houghton Electric Light Co.;
(7) The payment by Upper Peninsula to Copper District Power Co.

Co.

instal¬

which

authorization

shares

10,000

Peninsula;

$9,974,000.

time

therewith

this

for

serve

$232,560

purchase

of

than

Iron

capital
demand notes

each

connection

of

development by

$232,560

The
the

District

of

held.—

the

thereof

such

the

of

elected
director

a

since

355,572

SEC

(2)
and

Exchange

share

equal

at

been

been

Directors, Etc.—•

1947—Month—1946

,

income

(3)

ex-the-distribution
common

non-negotiable.

issued

director

Brewster, Vice-President and
Corp.; William Fraser, Treasurer

income

Deficit.—V.

less

notes

to

and

have

has

Edmonds

The sale by Consolidated Electric and Gas Co. and the purchase
by Upper Peninsula Power of all of the capital stock of Houghton
Electric Light Co. and all of the
capital stock and funded debt of Iron
Range Light and Power Co.;

express

Columbia $22,500 3V4%

of

issued

Edmonds
Darden
Mr.

G.

deductions—__

shares

directed

23

shall

26

retire

issue

annual

P.

and

(1)

2842.

May

on

of

notes,

purpose

amount

be

the

actions:

Wash¬

air

1974, inclusive.... Interest on the unpaid principal thereof Is
payable semi-annually on Feb. 15 and Aug. 15.
The $6,400,000
to be issued by United Fuel for construction purposes are

be

of
•

will

will

3V4%

and

increase

to

of

James

oper.

The

the

effect
express

to

to

Trust

in

notes
and

payable

Fuel

Fuel

of

the

Upper Peninsula Power Co.—Merger Approved—

shipments
to

per

p.

stock

the

$2,200,000

for the

of

worth

Government

subsidiary of the Continental

a

Balance

Columbia.

United

United Fuel

preferred and common stockholders who have accepted, or shall accept,
the
offer of exchange by
tendering their stock to The Corporation
Trust Co.,

by

(d)

$6,400,000,000

last.

will

preferred stock
exchange agent, as soon

of

its

the

expected

are

Mr.

1946.

President

i-ev.; deductions^ rv;

Net

capital contribution of $1,525,000 to United
be
credited by United Fuel to
capital

a

proceeds

United

from

$1,000,000

prewar

Dividends

according to company officials.
for shipments under 100

165,

May

and

the

repay

Bristol,

company's

than

more

George

6,

the

Oper.

first

will

held

announced

March

and

for

Period End.. Mar. 31—.

,

Gross

will

contribution,

the

competitive bidding of $3,500,000 first mortgage bonds, series due 1977;

contribution

From

in

A. Linen, publisher of "Time"
magazine, and H. 6.
development engineer for du Pont.
following officers were elected:
D. E. Douty, Chairman of the

Income

■

.

(b) Columbia will make

(c)

1947,

its

committee.

Total .oper. ^revenues.iu

a

America—Exchange Ruling—

common

surplus.

m.

•
'Robert
E.
Safford, Secretary,
Recapitalization,
dated Feb.
26,
by1 the board of directors as of

Jr.,

revenues—
Other income (net)

promissory notes.
Such

there,

Rochelle,

Capacity of

clients.

Heineman

Net

pound

per

Exchange

stock

of

United Fuel will issue

Fuel.

Towne Securities Corp.—Plan Declared Effective—
?

of

facilities

times

finance

;

139

of

two-thirds

joint declaration has been filed with the SEC by Columbia Gas
Electric Corp. and United Fuel Gas Co.
regarding the following:

They also

to

Darden,

■f

V~"

-r;.

A

ment

■

built

New

To Increase

—

facilities

Utah Power & Light Co.

record

United Fuel Gas Co.—To Sell Note to Parent—

a

be

at

2715.

viz.:

(5)

27

adopted a resolution authorizing the extension of options
purchase in the aggregate 24,250 shares of common stock at $8

1

p.

of

A. L. Brassell, President; William H.
Hubbard, Vice-President;
B.
Walker, Secretary-Treasurer, and F. G. Boye, Assistant Secre-.
tary-Treasurer.—V. 153, p. 411.

stock

of

Increased—•

meeting held

proposal to increase the authorized $50 par preferred stock from 55,000

r, shares

165,

first

S.

holders

nearly

revised

a

over,

cents

'■

i

three

operations

Inc.;

board;

.

and-Qptton Reporter)"

will

soon

volume

57

effect.—V.

Stock

common

one

822.

p.

York

New

contracts

above.—V.

company

the

output,,
new
machinery is designed for insulating wire by
patented Laytex dipping process.
This process pro¬

emphasis

The

25

of

,

scheduled

with

United Biscuit Co. of

by American Power

will

operations

equipment

additional

to

the

p.

the

ones,
Oscar

a

and

18

quarterlies

14,

paid to

Wool

produce

under

only

pounds
of

by

At the annual
meeting of the stockholders President
reported that the corporation's income in 1946 was well

165, p. 2552.

the

on

will

were

Lines

company

remain

laboratory

research

United States Testing Co., Inc.—New

the

6.

June

March

on

M*:.

rates

Hawaii

will

rate

will

operation

'

insulating

The

W.

of common

Texas Public Utilities Corp.—Sale

research

purchase

Wilmington,

per

on

share

per

and
made:

were

and

16

share will be

together

Air

the

rates

present

pounds

2459.

by

in

the

of

of

dustrial
cents

involves

company since Nov.
1944.
Mr. Edmonds is also
& Cork Co. of

C.

new

be

principally

recently by C. W. Higbee, Manager

the

tinued

25

record

of

last,

each.—V.

dividends

per

express
and

United

filed

ington, D.

37,773

$131,643

by

shipments
Net
—V.

to

production

announced

plastic

company's

members

Express Rates to Hawaii—

air

States

18

tariff

$1,383,712

3,538

low

United
June

5,447

$135,182

deductions

resins,

Thayer,

cents

announces

engines
horsepower.

To Reduce

490,000

$131,384

income

income—net

Income

$7,701,729

i

new

Two New Members of Finance Committee—

early Fall, when United has in operation its entire new fleet of
35 four-engined Mainliner
300's, the total horsepower of these ships,
plus that of 26 four-engined Mainliner 230's and 78
twin-engined
Mainliner 180's, will be
621,600, according to the announcement.
As planes
have become larger, so has the horsepower of United's
engines increased.
Each engine
on
a
Mainliner 180 develops
1,200
horsepower, on a Mainliner 230, 1,350 horsepower and on the new
Mainliner 300, 2,100 horsepower.

1947—12 Mos.—1946

a

department.

capacity

Increased

of

was

bulk

Colgate

By

Tampa Electric Co.—^Earnings—
Period End. March 31—

Ore.,

duces lightweight wire with
smaller diameters and
perfectly-centered
conductors, resulting in superior electrical properties.)

above

1948.

cents

holders

15,

1773.'

p.

whose

million

2714.

p.

corporation

Portland,

984.

wire

sources.

The

United Air Lines, Inc.—To^Have Fleet of 139 Planes—

June

20,

of

expected

corporation's

p.

cable

and

other

separately purchased
sharps already issued

dividend

50

of

to

14

distributions

and

$33.50

163,

is

rvM

$4

record

22.—V.

those

in

synthetic resins required for its own
associated mills, it was announced on

additional

the

expansion

plant's

■

stock

common

"An

of

plant

rubber

*

extra

Julys'; 1, 1947, according to ..t^e "American

(..c\

Corp.—Builds New Plant—

(R. I.) Plant-

and

The

other

the

I.,

wire

publicly stated that they have
of their shares.—V. 165,

an

April

on

of 25

accumulated

amount

-

and

165,

Expansion

Union Buffalo Mills Co.—To
Pay Arrearages—

344.

desiring to receive the full redemption
the redemption date,
may do
so on
165, p., 256
to

United States Rubber Co.

paid.

was

following

cents

share.

shares

dividend

1947.-T-V.

plant

stated.-

Y."—V,

Bristol

any

dividend

June

paid

was

cents

the

per

United

Corp.—Extra Dividend—

payable

cents

1946,

who

169,400

disposing

of

May 27 declared

regular

a

25

3,000

$104

States Potash Co.—Secondary
Offering—Lfce
Higginson Corp., May 22 offered 25,000 shares of com¬
mon stock
(no par) at $21.25 per share, less a dealer
commission of $1.10 a share.
The offering does not rep*
resent new
financing.—V. 165, p. 2319.

for

stock

common

\

stock,

of

at

and

called

corporation

Mr.

additional

an

and

intention

and

The

supplement

N.

May 16, 1944.
an aggregate of 55,000 shares
per share which was $1 in excess of

$25.87%

142,000

on

stock

the phenol formaldehydes,
produced at this plant at lower
cost," the company's announce¬

will be

5,700

and

of

plants

May

to purchase

"

cents

member

a

same

$112,079
'

July 1, next,

on

per

drawn

2,

corporation has under construction
where it will manufacture

plywood

Exchange Commission

Skouras

the

accrued

after June

United States Plywood

of

way

redemption

5% cumulative preferred
dividends amounting to $1.25

accrued
of

plus

The

*

as

the

the

shares

directors

In

Joseph

of

which

Manufacturers, Inc.—Partial Re*

drew for

outstanding

"High-grade synthetic

Securities

shares

purchase

and

plant

against "

the

above described

June

board,

As

of

any

2003,

connection

234,300

stock

Union Bag & Paper

Sweets Co. of America—New Director—

.

to

objections

shares are no longer issuable through the
registration statement which was required by
covers therefore
only 234,300
amount 100,000 shares have been
purchased by Mr.

1947,

P.

the

The

2144.

p.

in

present

was

would

This

basis.

annual

No

and

The

this

2804.

p.

annual cash payments of 25 cents on the new
said, the company plans to consider distribu¬

he

annual

to

entitled

31.

its

Holders

price,

required filing

shares

and

aggregate

under

and

chain

the

price

be

the

for

of

options,

Spyros

brought the Sun Ray chain up to 140 units.
continue cash dividends on the new com¬

equivalent

Sylk

the

northern

not

Jan.

registration statement with

a

stock

options.

of

Of

plans to

addition,

an

in

Acquisition

rate

a

Mr,

mean,
stock.
tion

stores

management

at

mon

that

announced

Gold's

will

last

with

excess

240,000

Securities

an

income of $154,068.

five

months

arisen

1944 options

42,000

improvement over

some

higher operating
Treasurer, said. For the

and

stock

$6,418,653

of

share

dis¬

corporation.

Skouras, and 27,400 shares by all but
three of the remaining option holders.
Of the 64,900 shares of common
stock covered by unexercised stock purchase
options, 38,600 shares are

adversely affected by

were

Vice

in

Zanuck,

approximately

outstanding

proposed

the

on

above

in

Corp.—Statement Regarding
Registration Statement With SEC

has

this

common

issuable

quarter ended

quarter of

are

the

Court

counsel, more than 200 share¬
explanation of the proposal under

common

Stock Exchange on

27,

shares.

to 800,000

common

which

.r

company on May 27

shares

Pleas

by

an

four

common

$1

were

the

the

the

of

testimony
of

The

C.

Sept.

lapse

split

Common

closing price of the stock on that date,
principal executives of the company.

shares.

but

ago,

William

costs,

four-for-one

a

increase in the authorized

an

confusion

New York

Of

approved

15

assets

in

the

of

stock.

common

a

May

amounted to $112,579

United Merchants &

directors

of

W.

and

Co.—Split-Up Ratified, Etc.—

on

of

Filing

make

described

Sun Ray Drug
The

al?of

..

Wil¬

A.

granted options to Spryos P. Skouras, President,
Michel, Executive Vice-President, to purchase 70,000 shares
15,000 shares, respectively, at $24.25 per share.
These
option

and

of

75

heard

of

corporation.—V.

stockholders

On

holders

to

Brown,

21

totaled

creditors

certain

board

2551.

p.

Claude

Century-Fox Film

much

The

the

record

Texas.

corporation at an annual meeting held on
May 16, 1944 adopted a plan authorizing the board of directors to
grant to certain executives options to purchase an aggregate of
140,000
shares of its common stock on
specified terms. On that date, pur¬
suant to the authority conferred
upon them by the stockholders, the

2714.

p.

Stratton & Terstegge Co.—75-Cent Dividend—
per

aggre¬

delivery

clarification.
On April 16, 1940,
the corporation granted Darryl F. Zanuck, VicePresident in charge of production, an
option to purchase 100,000 shares
of common stock at $13 per share.
The top price for the common
stock on the New York Stock
Exchange on that date was 10%.

Beacom, Winnetka, 111., has been elected a director.
in
charge of trust department of The First National
Chicago, he fills the vacancy caused by the retirement be¬
failing health of Robert J. Dunham.—V. 165, p. 2005.

of

an

may be

non-utilitv

Pipe Line will be merged into United and
under such merger United
will acquire all
of
the property
and assets of Pipe Line and will
assume
all
of
its
obligations.
Upon
consummation
of
the
merger
United will be required to
deposit $400,000 with its
mortgage trustee
which amount represents the
proceeds from the sale of
physical assets
by Pipe Line to non-afiiliated interests.—V.
165, p. 2552.
'

Co-operative Wage Fund, an organization formed to
for
Philadelphia Transportation Co. employees,
approval of the plan. Following the
hearing, Judge

formal

a

wishes

Vice-President
of

$1,313,360.

2®, Lnlne s "abilities
accrued taxes.

represented

diameter

offered.

the

allowed

under

Stewart-Warner Corp.—New Director—

Bank

Longview,

Shunk

hear

holders

Investment

So

highest for
James Hill,

increase

period

in

is

represented

to

which

were

for

20th

-

shares of

13,074

constituting

history,

smaller

investments

Brown

Sterling Drug, Inc.—Sales at New High—Obituary^—
any

and

Carthage, Old Ocean, Chocolate
Texas to Hemphill; gas
dehydration

$130,000,000.

May

on

by the corporation of
Exchange Commission

Jr., President, reports.
This represents
$30,400,000
sales
for
the
corresponding

26-inch

the

(a

capital stock

under the mortgage dated
as
of
Oct.
1
io44 securing
outstanding bonds. As of March
31, 1947 Pipe Line's assets
solely of cash in the amount of

consisted

is President.

those

8,368

Counsel

2008.

p.

of

pledged

UnitedIs

delivery capacity of the proposed line
cubic feet per
day.
The estimated over¬

address

distribution

to

assets,

Options

shares

miles

The

Francis

present

plan

be used for business expansion.
has 900

is

home

Texas,

and

were

the

to

re¬

2804.

p.

of

addition

the

now

project

Judge
Philadelphia, Pa.,

State Finance Co.—Stock Offered—Butler, Wick & Co.,
Youngstown, O., on May 22 offered at $100 per share
2,100 shares of $5 cumulative preferred stock (no par).
Stock is redeemable at $103 per share,. Proceeds will

company

296

extending from

presiding

handle

The

about

lines

Austin,

are

construct

par>

demption—

In

1947.—V.

6,

Jersey,

company's
of

of

Record

to

proposes

hear¬

Transit Investment Corp., Phila.—To
Dissolve-

by lot.
deemed

applicant

SEC » declaration which

The outstanding securities
of United Oil
Pipe Line Co
subsidiary) consist of 5,000 shares (no

Eastern

for

Redemption—

27

Bank of
City of New York, and the shares to be redeemed will be selected

the

The

the

Commission

pipe line extending from near Hemphill, Texas,
delivery in the Eastern Seaboard area of New
Pennsylvania, Delaware and Maryland.
The proj¬

Includes

cost

The

thereon
The

9.

Power

of

approximately 325,000,000

all

2144.

announced that the board of
directors had called for redemption for account of the sinking fund,
on
July 15, next, 5,150 shares of 3%%
cumulative preferred stock,
series A, of the company at $100 per share, plus accrued
dividends
Holliday,

June

Federal

26-inch

to Eastern markets.

gas

liams

W.

the

11

Merge Subsidiary—

summari'ze'd'as'follows:'"ed "lth the

construct

for

of

company s
than 1 %

retirement plah. Annuities will be about a third larger.
Less
the stock was voted against the improvements.—V. 165, p.

(EDT),

of

New

by

to

Bayou and Pledger gas fields in
plants in those fields; 14 main line compressor
stations with
gate of 141,000 horsepower, and 45 miles of branch
lines

.

■of

set

points

transmission

up 20%
in the first quarter of 1947 and earnings were
improved," A. W. Peake, President, told stockholders at

were

been

a.m.

also

ect

"moderately

10

various

.York,

20% Higher—

Standard Oil Co. (Indiana)—Sales

has

miles

1,380
to

2713.

p.

application by the company requesting authorization
natural gas pipe line
system extending from Texas lo

(2931)
United Gas Corp.—Would

1,380

oi
•

the

shares
with

common

to

the

(10)

Upper

stock

of

Copper

Peninsula,

provisions of the

The

authorization

of

by Upper Peninsula

Power

Middle

and

33,980
Fewer

holders

West

and

Corp.

34,780

shaies

District

of certain
amended

250,000

to

revised

shares

Consolidated

Copper
of

Power

amounts

and

the

Range

and

as

snail

cash

in

sell

their

accordance

agreements;
the

Electric

Co.,

common

Co.

of

issuance
and

stock

of

and

of

Upper

sale

Co.,

Gas

respectively,

The

119.940,

Peninsula

Co., and the issuance and sale by Upper Peninsula to all other
of the common
stock of Copper District Power Co. of
(twa

,

t.r.

.<

,K&:-

•r,<»

.rttuho

*.

v

!i

O.JU

J

of

and

to

Nov.

Total

income

Expenses

—

1———

70,339
$23,060

10,000

of

$15,839
7,000

$13*060

transfer

The

Estimated

$8,839

Federal & State inc.

for

prov.

taxes

assumption

liabilities

by

Pepco

all

of

Railway

,

of

Washington

Railway,

and

delivery
stock

common

stock

by

Washington

(par $10)

(par

$50)

of

of

of

aggregate

an

Pepco and

Pepco

(to

effective less the

amount

preferred' stock

new

of

of

Pepco

dividends

of

—V.

165,

Gross

to

of

Net

ry.

Gross

Quarter Ended March 31—
—V.

$26,045

$60,041

$146,179

after chgs. & Fed. taxes—

1945

1946

1947

■either

2592.

164, p.

in

Pepco

of

stock

common

Net

from

Net

ry.

—V.

holders

of

scrip

certificates

in

exchange therefor,

directors

payable

July

May 24 declared

on

1

stockholders

to

of

record

June

Dividends were

15.

April

1947—V.

1,

Wabash
April—
Cross

Net

ryv

Gross
Net

3,704,588

1944
$7,889,877
3,006,315

1,000,045

481,672

857,787

725,739

30,903,991

25,311,064

31,743,151

9,196,042

4,553,735

32,920,842
13,045,845
3,418,790

income—

from

ry.

—V.

1945
$8,811.,044

full

railway
railway

2,068,314

4,099,024

income—

oper.

(Ii)

12,863,571

May

on

23

action

the

on

ship

$30 par

of

R.

of

the

—

com¬

be

to

fair

equitable

and

to

the

hearing
The

it

before

in

to

it

by

such

and

capital

of

either

other

mission

out the

carry

16,

affected

the date

as

delivery

stock

for the

all

and

approve,

method

the

of

sale

expenditure

the

as

(2)
to

recapitalization

to-increase

as

$75,000,000,
and

$2,800,000;

its

(i)

consisting of

5,500,000

shares

of

the

amendment

shares of

400,000

common

stock

of

the

stock

capital

Com¬

(par

charter

of

preferred
$10>,

(ii)

issued

outstanding

and

and

owned

holders
which

units

to

The

above.

right

the

been

not

delivery of all assets
consist principally of such

to

make

to

delivered

securities

of

to

pursuant

the

Northern

30—!

$3,062,570

Total

railway oper.

exp.

Tidewater

and

2,720,885

-

Ry.)

All

be.

3.60%.

be

may
of

not

to

be

at

redemption
and

the

higher

$50

rate

by. Pepco

necessary

than

sold

such

or

deemed
less

per'share

competitive

bidding

approved by this Commission as
in order to obtain a price to it
the

for

for

shares

140,000
the

2,776,623

10,792,623

11,225.303

$523,322

$1,464,009

$2,923,229

145,027

140,305

562,355
9,720

442,37.8
572,000

financing the
stock of Pepco

351,323

333,427

~87,564

¥l~062

Other

$109,094

$301,954

$540,611... ...$1,575,425

77,686

61,668

349,808

449,200

$31,408

$240,286

$190,803

shares

of

common,

anl

(v)

delivery by Washington to Pepco of the
presently outstanding 90,000 shares of

stock

55,637

Fixed

charges

65,276

62,255

255,033

250,463

$157,855

$1,017,187

of

and

Pepco

the

all

of

indebtedness

all

of

by. Rockville

remaining

Rockville

Railway- to

it;

(iii)

the

Railway

and the acquisition by
of Rockville Railway;
(iv)
the

assets

transfer

by
tranefsr

Washington of all

the liabilities of Rockville Railway; (v) the
and delivery by Washington to Rockville
Railway of the entire out¬
standing 5,500 shares of capital stock (no par), of Rockville Railway;
and
(vi) the acquisition
and cancellation by Roekvjlle

such

Railway

shares

(4)

The

to such
Falls

its

of

outstanding

dissolution

liquidation

of

all

of

approximately ,1,050
the

Potomac

assets,

(iii

payable

remaining
cellation

Falls,

and

the

the

acquisition by Washington of all of such
by Washington of the note of Great Falls
principal amount of $15,000 and
of any

obligations

and liabilities of Great Falls,
(iii)
the can¬
Washington of all indebtedness owing to it by Great
the transfer and delivery by Washington to Great Falls

(iv)

the

of

Great
(5)

liquidation of Great Falls, and, pursuant
the conveyance, transfer and delivery by Great
assets, including cash, accounts receivable, and
acres of undeveloped land at the Great
Falls of

in

entire

outstanding 5,000 shares of capital stock (par
Falls, and (v)
the acquisition and cancellation
by

such shares

The

payment

Great

outstanding stock;
of' Washington to Pepco

the

note

of

Great

in the principal amount of
$15,000 to be assumed by Washington
above) and the cancellation
by Pepco of such note and
delivery thereof to Washington; and the conveyance
by Washington
Pepco of all real property
previously transferred to it by Great

-Fails

fifl

the

agreement
for

transaction

dated

May 27.

referred

1912

(as

the

and

above)

modified

in

April
Pepco of

conveyance by Washington
to
acquisition of such real property
The investment,, by Washington as a

the

(6)

to

by

satisfaction

23,

1936),

such

including,
cash,
and

in

but

excess

interest

of

held

limitation, in such assets to
obligations of the United

$10,000,

bv

be

to

property

capital

165,

or

Washington)
so

the

agreement

of

name

for

than

more

2461.

"Wooden

in

sale, along with the brew¬

1869.

Shoe

In

it

1903

Lager"

incor¬

was

adopted.

was

in

when it

1933

■;

brew¬

resumed

present capacity of

a

PURPOSE

OF

total

amount

initiated,

which

the

amounts

of

ISSUE—In

funds

liquidation

fixed

assets

of

and

about 100,000)
of

August

distributed

were

Shoe

1945

this

carry

Brewing

cash

and

He

Co.

then

him.

to

to

necessary

Wooden

certain

securities

in

individually
secured a mortgage loan on the fixed assets from the Central/National
Bank in Chicago in which the RFC has.
a
participation. The present
balance
.

the

of

loan

is

$318,273. The interest rate is 4% per annum
for monthly principal payments of $6,500, start¬

and the loan provides

ing

Feb.

8,

1947.

The

maturity date is August, 1951.
The Wooden
Brewing Corp. has been 'organized to take over the business and
thus formerly operated by Wooden Shoe Brewing Co.
The

Shoe

ship

of

that

be

issued

of

The

by

ment

of broadening the owner¬
substantial participation therein

purpose

facilitate

to

this

at

or

of

the

The

Brewing

time

as

been

sold

business

shares

the public of

are

Shoe

such
have

corporation,

the

the

The

shares

minimum

80%

of

the

cost

of

new

equipment.—V.

issue

will

the

will

transfer

allow.- $28,150,942 $20,937,209
(net), cash discount

etc.-

153,606

341,531

.

of

the

Co.

In

all

Brewing

subject to the pur¬
to provide such minimum

necessary

to

be

provided

as

transferred

in

is

also

shares

40,000
to

of

the

assume

by Vogt,

the

stock

and

Central

the

agree¬

will,

corpora¬
the

assume

National

Bank

loan

to

OF

3 Mos. End.

INCOME

Years Ended Dec. 31

—

Mar. 31,'47

(net)

Sales

of

Sell.,
•

$337,302
&

Other

—V.

259,466
48,783

124,096

109,027

1,154,684
90,814

profit-

$247,393

p.

special
the

May

22.

fact

that

$1,492,893

1,215,078

$29,052

$269,340

$283,745

2,138

31,046

5,358

4,980)

1

$31,191

$300,386

$289,103

$242,374

-

4,093

37,234

42,196

33,975*

10,297

100,209

180,591

158,602

$16,800

$162,941

$66,315

$59,795

■_

on

income

profit
165,

-

1944

'

$1,607,850

(net)

income

Net

1945

exp.

gen.

operating

1946

$1,786,022
1,392,585

sales___:

adm.

Net

A

.

it

the

Vogt. Part of the proceeds of the sale will be used for
working capital, and port may be used for the reduction of this loan.

165,

1946

the

to

Shoe

of

determine
minimum

may

for

offered

are

requirements

assets

him

to

It

($318,273)

sider

1947

completion

provide

Wooden

being offered

the

Upon

underwriter

to

Vogt

of

Co.

.

the

$153,000.

exchange for

tion

the corporation

purpose,

70,000 shares.
is authorized to issue 70,000 shares of which 40,000)
to Ulreh Vogt, Jr., in exchange for the assets and

shares

in

used

manner,

chase

for the

securing

order

Wooden

offering

sufficient

assets

like

and

In

capitalized with

corporation

to

ate

business

residents.

been

The

has been formed

the

Ohio

2716.

Worne Plastics Corp.—To Vote

purchases,

Stock

—

'>

Ohio, has

AND

the

Vogt

•

substantial

„

Dividends, interest, rentals
on

their

repeal of prohibition

reduce

to

profit
Depreciation

Cost

of

———

meeting

of

stockholders

will

advisability

of continuing
directors deemed this

The
no

materials

of

on
be

Discontinuance—
held

operations,

on

it

June
was

action' necessary

to

25

con¬

disclosed

in

view

on

of. the

a

commercially satisfactory quality are be¬
ing produced by the company.
Pending action by stockholders, tlie
company's plant has been shut down.—V. 165, p. 381.

and other oper. charges
separately below
Repairs and maintenance
Provision for deprec., dept. and amortization—
Gain on ordinary retire, or
sale^ of fixed assets
excl.

products

Selling, general and administrative expenses
Int. & net prem. on funded & long-term debt

_

18,132,491

.2,118,454
1,163,653

Cr6,196
1,853,286
200,257

2,167,138
1,366,408
.

260

172

2,082,000

5,000

—_

$2,948,268

$22,655

Earnings per share of common stock outstdg.—

$4,38

Nil

—

—

Provision for estimated Federal taxes
Net

profit

for

on

invested'
accounts
acquisi¬

elected

the quarter ended March

Yale & Towne

Interest

common

on

15,

Mav

28

1946.—V.

has

DirectorPaul

H.

Davis & Co.,

income

Net

1947

1946
*$593,098

1945

1944

$1,655,289

$1,619,952

1,798

2,308

5,433

-$591,300

$1,657,597

$1,625,385

197,611

151,471

221,194

194,502

1,149,123

1,144,705

.

—

302,894

declared

a

165,

p.

company has asked
Mutual Life

Hancock

$556,355

*$742,771

$287,280

$286,177

486,656

486,656

486,656

486,655

$1.14

!

Nil

$0.59

$0.55

outstanding

share——

per

*Loss.—V.

*

26,293

taxes—

profits

Shares

has

$1,083,158

Federal

165,

p.

1238.

.

dividend of 25 cents per share

Youngstown Sheet & Tube Co.—Bids for Plant

been made each quarter since and Including

381.

Wichita Water Co.—Plans Bond Sale—
The

a
of

$1,082,665

charges

charges

A

the SEC for authority to issue and sell to
insurance Co. $950,000 30-year first mort-

bid

$510,000

submitted

opened
was
*

bids

built

cost

of.

by

steel

government's
offer

John

firm

1638.

493

income

Interest

stock,' payable July 15 to holders of record June 30.

similar distribution

July

p.

were

directors

the

the

Manufacturing Co. (& Subs.)—Earnings

oper.

received

Depreciation

Wichita River Oil Corp.—25-Cent Dividend—
The

in

165,

Quarter End. Mar. 31—■

Earnings

on

partner

a

director.—V.

a

Net earnings from

Total

period

31, 1946 the plants of the
completely idle from Jan. 21, 1946 to Feb. 18, 1946
due to the general strike of steelworkers called by the United Stetel
Workers of America (CIO),.—V. 165, p. 2046. :
1

corporation

been

Cr3,085

1,631,772
220,983

;—

interest

Wrisley Co.—Davis

Ralph W. Davis,

15,679,772

income

Other

(Allen B.)

sold

shown

those

$28,492,473 $21,090,815

(other than

States,

to

pursuant

2590.

p.

Quarter Ended March 31—
Gross sales, less discounts, returns and

A

receivab.e, and prepaid insurance and
taxes;




purposes.—V.

Wheeling: Steel Corp. (<& Subs.)—Earnings—

providing

real

contribution

Pepco

without

not

finance

P.

the

Pepco;

ainmmlf surplus of Pepco of all assets of Washington
cash and any securities of

$10,000 of its

of

order

Federal taxes

NOTE—During

of

(as described
to

corporate

has issued invitations for bids to be considered June 19
for
$2,940,000
equipment trust certificates, maturing semi-annually
from Jan. 1, 1948, to July 1, 1957.
The certificates will be designed to

$100),

of its

Falls

the

contingent charges, i.e. capital fund, interest
general mortgage 41/z% income bonds, sinking, fund
for

Total

by

of

Falls of

River

Pepco

$210,265

Wheeling1 & Lake Erie Ry.—Invites Bids—

stock;

and

the assumption

to

available
on

3194.

p.

of

(i)

its

other

$23,829

—

The company

of

assumption

an

SHARES

Net

and

Washington

CAPITAL

Cost

the exchange, transfer and
certificates representing the

Montgomery County and, pursuant to such liquidation (i) the-transfer
and delivery to.Washington and the acquisition
by Washington of all
of the 1,666 shares of capital stock
(par $100), of Great Falls Power
Co., owned by Rockville Railway; (ii). the cancellation by Washington

delivery

———

income

*Amount

164,

of

New York,
& Savings

the

77,620

*Net

111.—V.

Trust

Cleveland

$1,345*269

18,810

be

common
stock
(par $100),
Pepco and the acquisition and cancellation thereof by Pepco;
(3) The
dissolution
and
liquidation of Rockville Railway Co.
of

of

$468,525

20,370

and

2,961,250

277,722

$291,330

deductions

requirements

and

51,044

$109,475

—

Misc.

ferred

stock

78,067

$1,126,225
219,044

______

income

of

City

Harris

option

the

at

or,

the

the

Street, Chicago,

STATEMENT
Total

Wis.,
of

at

or

Ulreh Vogt,- Jr., purchased all of the
outstanding shares of Wooden
Shoe Brewing Co, consisting of 500 shares. The cost to
him, including
expenses of approximately $50,000,
was
approximately $1,050,000.
In

In

inccme

income

Bank

Y.,

"

—_

oper.

N.

when

liabilities.
ry.

represented
by certificates bearing the symbol B and of a distinctive color to
distinguish them from the certificates for, the. above mentioned 140,000
shares of such stock), (iv) the issue, exchange, and delivery by Pepco
to Washington of certificates to represent-said 85,000 shares of
pre¬
acquisition thereof by Washington,

present

1917

requirements

———

Dr)

(net
Net

oi>

Shoe

into

requirements.

stodk

such

of

purpose

the
presently, outstanding preferred
shares of new preferred stock are to

of

85,000

of

the

has

1947—4 Mos.—1946

$341,685

-

Equip!

shares of new preferred stock (par $5.0), and 2,961,250 shares
of common stock (par $10)
(the dividend rate on the preferred, stoek

share

under

present

Railway oper income
& jt. fac, rents

con¬

per

cents

Brewing Corp., Minster, Ohio

Wooden Shoe beer.
The plant at
Minster,
barrels per year.

$3,299,945 $12,256,632 $14,148,532

taxes

other

fol¬

was

ing

by

railway

Payroll
Income

40

which

BUSINESS—Corporation

for

entered

corporation
;

Southern

Railway tax accruals—
,

of

Milwaukee,

National

York.

First

AND

1947,

business

^

trustee,

Chase

New

•business until the

exchanges

1947—Month—1946

rev.

operations

gains

eight

June* 10.

record

national prohibition came
into
effect, The Woodeni
Beverage Co. went into the business of manufacturing and
bottling near beer, soft drinks, beverages and ice. It continued in that

Pepco

(& Subs.)—Earnings—
Ry.

oper.

from

capital

of

amount

of

properties

Sacramento

Net rev.

the

the name of The Star Beverage
Co., and in 1939 that,
changed to The Wooden Shoe Brewing Co.
Originally the
brewed by that
company was named "Minster Lager," but about

In

to

'

/

in

last year,

Was

1915

the

Washington

of

22

29,

Shoe

exchange

85,000
will

beer

the plan being
interests whatsoever

and

June

this corporation.
business was originally founded

porated
name

upon

or

of

No.

stockholders

to

on

business, to

The

rights of the holders of the common

have any rights
its assets, except

out

West Monroe

Wooden

has

ing

the acquisi¬

shall,

The

he

Washington

described

as

30

made

was incorporated
in Ohio,
purpose of purchasing the assets and business
Brewing Co. of Minster, Ohio. That company is
wholly owned by Ulreh Vogt, Jr.
All of its assets have been, or are
in the process of being transferred to him
as the sole shareholder and;

were

of

surrendered;

so

1,830.28S

1,102,864

$9 per share.

of

the

to

thereof
such

stock

common

holders

railway

by
that its capital

(par $100),
Washington, into

by

of

115

investment,

assets

Period End. April

the transfer

and

all

such

of

any

Pepco
of

Total

Pepco

$30,000,000 to
stock (par $50),

from

Pepco of the necessary sum from surplus to capital so
will be
increased
to $33,862,500,
(iiiV the reclassification

Pepco

or

■

authorized

of

and

Western Pacific RR. Co.

by

version as an entirety of the 90,000 shares of common stock
of

have

The recapitalization of-Potomac Electric Power Co. and, pursuant

such

so

of

$10)

satisfaction

transfer

such

(Incl.

of the

principal amount

share

one

participating units

effective,-cease

r

Washington
proceeds of such sale, together with other funds of Washington
to
the
extent
necessary,
toward
the payment
of
that company's
outstanding 1%% bank loan notes due Jan. 31, 1949, in the aggregate
may

(par

full

Washington

the

of

$100), of Capital Transit Co.
pursuant to competitive bidding or

to" such

pursuant

persons

of

of

95,688

dividend

June

was

Co.,

The

HISTORY

Pepco

and any cash
held by Washington; the acquisition by Pepco of such securities, cash
and other assets
and the assumption by Pepco of the obligation
to
continue to make
the exchanges and the carrying out by Pepco of
all the steps in* such exchanges described above as to be taken by
Washington Railway.—V. 165, p. 2842.
as

(par

to purchasers

hereafter

Washington

by

Pepco

Trust

Street,

April 26,

so

stock

The

Pepco,

terms and provisions

1947

of

the

receipt

Washington

(iii)

with respect to the application.
plan are summarized as follows:

transfer

120,000 -shares
owned

at

exchange described;

the

of

sale,

The

and

Court has fixed June

The

details

(1)

to enforce

Columbia

of

stock

common

$10)

2,170,113
1,121,145

Corp., Cleveland; O., on
May 23 offered 30,000 shares of common stock (par $5)

an

of

483,295

7,132^935

1775.

p.

Offered—The

for each
of Washington and one share of
for each participating unit; the
$10)

(par

6,636,882
1,454,175
855,988

declared

Wooden Shoe

$100),

in

of

declared

thereby and approved the plan subject to certain terms and conditions.
On
May 16, 1947, pursuant to the request of the company, the
Commission filed an application in the U. S. District Court for the
plan.

stock

common

participating units by the
agreement, pursuant-to

under

when

common

persons

the

of

(par

stock

Amended Plan

May 15, the SEC entered its findings, opinion and order finding
plan, filed by the company on Aug. 30, 1946 (as modified

said

of

7,232,472
1,099,189

in

entire outstanding 65,000 shares of common
in
the
manner
described
and
the
cancellation
acquired; the transfer and delivery of the common
stock of
Washington by the holders thereof to Washington in the
exchange described above;
and the acquisition by such holders of

amended

District

Washington

165,

at

Broad

Bank,

in

by Washington of its

stock

Approved by SEC—Court Hearing Fixed for June 16—

1947)

the

in exchange for each 40

shall be

Washington Railway & Electric Co.

of

(par

against

thereof

Wanamaker, great-grandson of the founder
pany, has been named a Vice-President.—V. 160, p, 873.

of

11

scrip.
The exchange shall be in
the. holders of the 5%
preferred

by

443,979

payable

payment

a

Wisconsin

aggregate of
common
stock
(par
$10)
of Pepco
(to be
in the transaction described above)', in ex¬

the

outstanding

depositary

(John) Wanamaker & Co., New York & Phila.—New

3,

delivery

Washington

stock

surrender

issued,

Vice-President—

March

and

of

shares

40

common

tion

on

such

have

share,

24.—V.

holders,

the 65,000 outstanding shares of the common stock-■ (par
Washington and/or participating units of beneficial owner¬
deposited shares of such stock,, such exchange to be at the

of
of

share

narily payable on or about July 1 on the $30 par value. $2 cumulative
An initial quarterly distribution of 50 cents was made
April 1, last.—V. 165, p. 1502.

On

by

of

rate

dividend

deferred

preferred stock.

the

shares

acquired

on

John

of

118,263

corporation has called for redemption on July 1, 1947, through
operation of the sinking fund, $250,000 of first mortgage 3V4 bonds
due 1971, a-t 1051/2 and interest.
Pavment will be made at the First

change. for

$2 cumulative preferred stock.
-■ - \
"J.
directors! on May 23 voted to defer action on the dividend ordi¬

The

transfer

The

2,600,000

3,130,807

Waitt & Bond, Inc.—Defers Preferred Dividend—
value

terms

447,841

Wisconsin Public Service Corp.—Partial Redemption—

of

$100)

directors

the

567,423

628,849*

The

of
all
rights of
Washington and such holders- shall, upon the plan being
declared effective, cease to have any
rights or interests whatsoever
in Washington or any of its assets,
except the right to make the
exchange;

165, p. 2460.

The

the combination and surrender of scrip certificates
shares of common stock (par $10) of Pepco or cash

with

satisfaction

'stock

1—

Jan.

from

Net

1946
$6,270,933
998,300

$7,962,483

railway

oper.

accordance

2,263,615

railway

and

exchange for

1947

,

.

from

From

exchange,

RR.—Earnings—

from

Net

1911.

165, p.

.

$1,913,641

to

or

of such shares pursuant to any sales thereof made. in
with the terms and provision of such scrip certificates;
expenditure of funds by Washington for the payment. of the
dividend adjustment referred to above;
the transfer and delivery of
the 5% preferred stock by the holders thereof to
Washington in, the
exchange described above; and the acquisition by such holders of such
new preferred stock
(par $50), and common stock (par $10) of Pepco
and of scrip in
lieu of fractional shares of common stock in such

inaugurated on this stock on Oct. 1, 1946, by a payment of 10 cents
per
share, which was followed by Similar payments on Jan. 2 and

1944

1945

$1,860,094

8,243,620

distribution

by

Dec.

the

dividend of five cents per share,

a

1946

384,986

railway

directors
per

lowed

accordance

The

$868,000.—V. 156,

$1,823,782

railwayincome-.p. 2591.

similar

A

purchasers

Smaller Dividend

& Iron Co.—Declares

Vulcan Mold

its investment in Wichita's

contribution of

Wisconsin Investment Co.)—To Pay 8-Cent Dividend-The

such

the

to

pur¬

Works

739,878

oper.

165,.

cents

$10)

(par

Water

1—

Jan.

lrom

that

delivery of fractional shares

American

$2,234,626
:

income—

oper.

From

exchange;' the transfer and delivery of shares of
common
stock
(par $10)
of Pepco to the scrip agent and the sale,
exchange, transfer and delivery of such shares by the1 scrip agent,

Vulcan Corp.—Earnings—Net prof,

and

capital

a

1947

railway
railway—,

from

,

transfer

making

from

Net

share

a

stock by

April—

date, for each share of
preferred stock of Washington; the acquisition, and cancellation
by Washington of such shares of 5% preferred stock; the issue by
Washington and the transfer and delivery of scrip in lieu of the

1363.

p.

parent,

Wisconsin Central Ry.—Earnings-

85,000 shares

5%

after income taxes

Estimated net profit

the company's

time,

same

520.

be

accruing on

construction
'■

.

the

At

common

as

and (c) an amount equal to accrued dividends on a share
preferred stock of Washington to the date upon which the plan

declared
the

off bank notes and for

pay

poses.

referred

of

Pepco

5%

is

of

bonds in order to

gage

Rockville

(in the transactions

liquidation

and

preferred

new

of

for

prov.

the

any

by Washington

acquired by
Washington (in the transaction described above), together with the
.appropriate adjustment for dividends in exchange for the 85,000 shares,
of the presently outstanding 5% preferred stock
(par $100)- of Wash¬
ington, such exchange to be at the rate of (a)
one
share of new
preferred stock, of Pepco, (b) 4(4 shares of common stock (par $10)

65,140

income taxes—

—.

before

income

Net

including

p.

the

of

$80,980

$93,397

-

-

and

Pepco,

Monday, June 2, 1947

& Electric Co., asked permission to increase

361,250 shares of

1946

1947

by

assumed

dissolution

The

(i)

.

Virginia Iron, Coal & Coke Coj—Earnings—
3 Mos. End. March 31—

assets

Washington

Falls

above);

(7)

between

1945,

15,.

of

Great

UttJtOTOTCIIEV"

TinfllYUZiL'

follows:

Consolidated Electric & Gas Co. and
the several banks and the pledging under said loan agreement of the
120,000 shares of the common stock of Upper Peninsula Power Co.
to be acquired by Consolidated Electric & Gas Co.—V. 165, p. 2842.
of

as

such

liabilities

Copper

The

(11)

of

tion

common
stock in respect of each share of common
District Power Co. held by such holders;
aoplication by Consolidated Electric and Gas Co. of the
cash proceeds"of the sale of the securities of Houghton Electric Light
Cc. and Iron Range Light and Power Co.
to the partial payment of
its
bank
loan
notes
outstanding
under the loan agreement
dated

its

of

shares

.stock

OC

v_/V^ivxivxx^xv^/irvJLi

'xxxajj

on

this

alloy
May

company,

plant
16

as

which

East

War

has

been

operating the
Ind., was the onlv
Administration officials

Chicago,

Assets

that property.
The plant, known as Plancor 328
equipped as a wartime project by the government at
2320.

for

and

at

$1,885,253.—V. 165, p.

Volume

165

Number 4599

THE COMMERCIAL &
FINANCIAL CHRONICLE

Stock Record

New York Stock

«»

DAILY RANGE OF PRICES

Exchange

WEEKLY VOLUME OF TRADING
FOR EVERY LISTED ISSUE

YEARLY RANGE OF SALE PRICES
LOW AND HIGH SALE PRICES

Saturday

Monday

Tuesday

May 26

May 27

May 24
I per share
70

< per share

70%

>85

70%

90

•0'/

*85

7%

45

45

14%

70%

14%

70%

71

72

73

*85

7%

44%

44%

443/4

14%

14%

14%

14%

14%

*38%

38%

38 %

39%

39%

30%

30%

*20%

31%

31

30 3/4

31%

7

7

*30%

7%

31%

*100

30'%

107

4%
*21%

*100%

101

3'/a

7%

21

4%

27%
60

*57%

*33%

33%

*92

95%

*92

18%
167

19

*18

*30%

31

26%
59

323/4

33%

*91

96

17%

167

17%

164

165

32%

32%

32%

102%

*100%

32%

32%

32

*25

26%

92%

32%
102

32%

105

*100

4%
21%

4%

21%

101

3%

3%
28%

7,100

58%

58%

100

34

33%

343%

33

*92
18

166

97

*92%

18%

18%

167

168

20

*18%

30%

*30%

97

18%

MEMORIAL

33%

33%

33%

100%

101%

101%

32%

32%

32%

4,000

DAY

92%

92%

92%

92%

923/4

*92%

93

25%

25%

25%

*25%

253/4

*25%

253/4

6

6%

*5%

6%

6%

6%

*47

*47

50

50

*47%

6

*46

50

800

48

1,900

77%

78

78%

79

793/4

78%

79%

36%

36%

353/4

353%

36%

36%

37

37

9

71%

22

8%

22%

*68

70%
70

*68

11

*10

11

10%

10%

38

10%

*38%

39%

39%

40%

40

*188%

40 ¥2

70

127%

125'%

4%

189

189

96%

188'

38

188

36%

96%

37%

*96%

*20%

21%

21%

21%

108%

107%

107%

97%

*20%

*107%

*107%

*135

136%

135

136%

*20

20%

*20

20%

*21

22

21

*98%

28

28%

4%

3%

3%

*105

16%

16%

105

%

4%

4%

4%

3%
15%

*93

24%
100

13

19%

20%

*111%

112%

20

9%

10%

112%

9%

*27%
*138%

19%

95

13%

25%
100

*1383/4

141

29%

*35

163

19%
*98%

*138%

10%
29

10%

*106%
95%

12%

13%

*179

26%

11%

*35

53

52

164

163%

*180

26

100

15%

26

101

28%

27%

28%

*24

24%

24

24

*21%
*35

x26%
*23%

22%

*21%

35%

124%
*41%

35

124%

*123%

44

*41

*101%

44%

36

52%
165

27%
24

22%
35 \
128
43

*35

52%
165

33%
*145

34% May 16

44% Mar

6

r % Mav 19

11% Apr

Oct

75

64%

Sep

91 % May

37%

Nov

^63% Jun

9

Nov

Apr

1914

Mar 26

Apr

57%

Nov

74%

Dec

Jan

7

25%

Oct

45%

Jun

7

72%

Oct

88%

Jun

5

12%

Nov

30

Jan

50

Feb

3

36%

Oct

64%

133% Jan

May 19
May 19

Apr

15

125% Mar 21
3% May 19
86% May 19

99

184% Mar 21

193

36

39% May
12% Apr

Oct

77% Jan
17% Feb

May 20

36

11

6%
44

80

May 19
20% May 19
9

9

31

66

70

Apr

7% Feb

94

8

Mar

129

May

5%

*137

Sep

Oct

17%

Feb
Jan

1

79

Oct

106%

28

Jan

184

Dec

210% Mar

May 21

54% Feb

1

42

Nov

115% Jan

72% May

8

96%

Oct

132% Mar

28 % Feb

10

21 %

Nov

100

May 21
20% May 21
106% Apr
9

110

Feb

6

104%

No par
10

Sep

150

Feb

134% May 20
19% May 19

156

Jan

9

120

Sep

164%

Jun

26% Feb

7

17%

Oct

34%

24

4

20%

20

May 21

95% Jan
25 %

22

102

May 19

46

Feb

40%

Sep

Jan

Apr

32%

Jan

Mar 12

97%

Dec

108

Jun

Jan

6

41%

Nov

75

July

6% Feb

7

5%

Sep

11%

14

6% Feb

Apr 25
14% May 19
90% Mar 17

115% Jan

100

Sep

25% Feb
101% Feb

18

Oct

129% May
44% Apr
118

PJefe"ed

6%

No par
S3

Co

&

10

38 % Jan

l

13

5% May 19

preferred

49

Jan

16

23

Apr

15

No par

6% non-cum preferred
Amer Internal
Corp
American Invest Co of HI
American Locomotive

50
1

American Home Products
American Ice

7%

May 22

100

No par

Leather
preferred

conv

3% May 19
14

No par

$7 2d preferred A
$6 preferred

6

100

90

May 16

Apr 23
9% May 17

No par

1

12

No par

May 19

18% May 19
111% May 21

iqq

•

Feb

16% Jan

31

13%

Oct

23%

Jun

20% Feb

17

17%

Nov

28%

Aug

14%

Jan

5%

Oct

90

Sep

42% Apr
8% Feb

37%

Sep

55%

5%

Oct

12%

53% Feb
x34% Jan

44%

Oct

63

Jan

31%

Dec

36%

Nov

8%

Sep

10% Jan 24
106% Mar 7
12% Jan 31
14

18

Jan

30% Feb
110

10

Jan

9

May
Jan

Jan

18% Mar

99%

Jan

9%

Sep

16%

11% Mar

15%

118

22%

May
Jun

Jun

44 %

111

45

44

*118%

Nov

Sep

Jan

119

May

21%
36

*126%
*41

162 34

155

44%
119

162%

*154%
45

*118%

103%

103%

*103%

104 %

*103

31%

32%

30%

32%

x28

29%

92

*90

92

*90

71%

*68%

70

71

*90
70

7%

7

62

7%

*57

6%

62

35%

34%

47%

*46%

*57

*43

*110

*50

51%
16%
16

*50

31%
footnotes

*4%
*30
see

4%

50 %

54 ¥4

103

29%

6%

43

111

50%

162%

68%

*67%

68 %

67%
156

67%

68 ¥4

163%

page 23.

.

.

'
•

45%
119

45%
119

13%
103

13%

*101%

30%

29%

46 ¥2

100

13%

9,200

104
30

300

¥2

93%

*90
*70

21,900

92

71

71%

6%

6%

43

111

50%

*57

X34%
48 ¥2
.

43%

*110
51

2,300

35%

51%

16%

16%

16%

16 ¥2

*13%

14%

*13 ¥t

300

14%

30%

T

'

*4%

4%

30%

30%

30%

*4%

4 ¥4

31 ¥t

31 ¥4

700
100
300
400

$4

A

P

99

17
178

Feb

7

May 13

37% Feb

7

34%

Sep

10%

Sep

22%

Jun

97%

Jan

133%

Aug

Jan

123%

Aug

88%

12%
X173%
27%

Nov

23

Jan

Feb

186

Nov

Feb

42%

Aug
108 % July

Dec

20

Sep

33%

Feb

Co

No par

34% Jan

39% Feb 24

33

Sep

62

Apr

No pef
100

73%

Jan

159

May 14

33

May 19

100

144

14

48% May 19

Apr

60

Jan

10

169% Jan

6

40

Mar

5

18

158

Jan

6

25% May 19
23% May 19

37

Feb

8

Feb

10

No par

21% May 28

No par

100

34

May 17

28

29% Jan
x45

Jan

45%
165

34%
160

27%

25%

Sep
Dec
Jan

Nov

38% July
68%

24

47%

100

159% May 19

174% Feb

4

159%

138

25

62

Apr

15

82% Feb

5

73

Nov
Oct

61% Apr

19

84% Feb

5

76%

Oct

162% Feb

18

Apr 17
41% May 17

Wks

&

Elec

No par

12

No par

&

No par

70

1

Mining
Cable

Corp
Co

Copper Mining
Co

Inc

Archer-Daniels-Midland

5
No par

48%

Oct

78

116%

Sep

121

18% Feb

8

13%

Oct

28%

106% Jan 30

102%

110%

Feb

Jun
Jun

16

50% Feb

13

29%

70 %

Jun

110% Feb

13

100 %

Dec

182%

Jun

May 26

103% Feb 13
10% Jan
6

87%

Dec

105%
•

Nov
Jan

7

Sep
Dec

90

42

5

35

Oct

61%

Feb

52% Feb

17

41

Sep

60%

Jan

4

38

Sep

62% May

111% Mar 10

108

Dec

*114% Mar

109

May

Mar

2
15
7

1

Jan

2

46% Jan

10
20

:

July
May

3
9

64

42

21%

Corp

174

58% Jan
119% Apr

1

No par

&
Oil

May

69 % Apr

62

12.50

—

10O %

45% Jan

No par

&

Jun

99% May

,

30% May 19

60

Glass

Sep

200%

Feb

Apr
Apr

May 23

5% May 19

25

Copper

150

67%

Sep
Jan

26% Jan
90

No par

Smelt-

preferred

May 19
13

102% Feb

100

conv

9

168

Sep
Jan

25

151

May

Sep

11

116"% Jan

43

Deo

Feb
Feb

Oct

54% Feb

14

60*8

Apr
Apr

24

146% Feb

100

172

38%

May 19

100

50%

7

May 20

Corp

191

Oct

Aug

2

40

Products

Apr

19

116

Wire

60

14%

& Teleg Co

Hock

17% July

95% Feb

100

preferred

W

21

Oct

No par

Anderson, Clayton
Anderson-Prichard
Andes

24

16% Feb 24

Jun

11

16% Feb 10
22% Feb
4

prior preference

prior

Anchor

30

7

July

109% Feb 24

Co

Amer Zinc Lead

Anaconda

700

14% Feb

Jun

163

May 21

Preferred

50

43%
112

Dec

15 % May 20

$6 1st preferred
American Woolen

Anaconda

133%

class B

Water

17,800

47

27

Jun

10% May 14

Refining

6% preferred
American Viscose
5% preferred

$5

Mar

140

Tobacco

Common

Conv

43%

Tobacco/

Sumatra

Amer Telep

300

7

jan

24% May 19

5

Stores

American

Am

90
May 19
11% May 19

10
100

Preferred

100

62

16 %

4%

140

2,800

119 ¥4

Oct

No par

Stove

Sugar

1,400

23%

21

Foundries

American

10,100

7

117% Feb

preferred

American

10,000

155

Feb

45 % Mar

Refg

&

American

Am

32

21

Snuff

100

44

25 %

25

Smelting

400

100

106 %

Nov

No par

Building

Steel

Nov

12%

39% Feb

Preferred

Amer

98

3

129 % Feb

l76

non-cum

Oct

15

28% May 27

No par

500

36

13%

v ;*4%
!

2,400

131

155

Amer

21%

Jan

9 % May 19
100% May 19

No par

American

9

10% May 20

NO par

."m

Ship

Jan

6

I per share

15% Feb

No par

Safety Razor
American Seating Co

6%

22

36

d

134

1

£8n Rolllng Mm
Anln?
AmericanCcn! PFe£erred

190
500

x25% May 19

^ stand San'y

im

'

13%
■

2,900

167

<127

!i

101

9% May 23

Highest

tper share

Jan

com—No par

Light

preferred

Amer

163 %

'

31




44

111

37

34

*42

$6

May 21

94% Apr 19

19

Lowest

$ per share
28

100
Co

Ne?SrCo
&

Dn
Amer Power

1,900

22,700

147

*21

preferred
American Molasses

t per share

No par

Ltd

Preferred

16

'

4%

DAY

190

34

47%

44

*13%

6%
62

12%

43

47%

111

14%

*145

Co

Year 1940

Highest

No par
100
No par

Anil X 5h, & MetaIs
Metals

183

101 ¥2

*165

21%
36%

47%

*43

*16

105

1

33%

130

Range Since January 1
Lowest

Am»

1,000

II,500

53%

62

*110

16%

13%

165

36

110

11,600

CLOSED

MEMORIAL

27 ¥2

*35%

53%

35

110

EXCHANGE

99

101%

36%

*57

44

10%
109

26%

102

*46%

48

13%
*180

26%

34%

*43

51%

13%

34%

35%

98

183

147

Range for Previous

STOCK

800

24

13%

73

10%

108%

96%

STOCK

24

13%

91

10%
109

200

29 ¥2

24

13%

91

29%

24

13%

123/a

29

11 ¥4

28%

67%

119

*10%

28%

67

*71

STOCKS

EXCHANGE

6%

28%

67

119

10%

141

28%

66%

'

*138%

400

66 3/4
154

141

100

3,900

66%

154

*98%

15%

67%

162

101

11%

66%

44%

118%

I,000

11%

163%

154

20 ¥4

*15%

66 %
66%

155

19%

11%

162%

66%
66%

19%

15%

34

For

1

par

Par

11%

147

*30%

84% May

Shares

*15%

34

22%

1 per share

11%

*145

36

1 per share

15%

•

34

*28%

12%

183

25%

147

163

f per share

10%

34

4%

7

Is

62% May
95% Nov

16

the Week

95%

*145

16

Mar

Jan

July

3% Apr

Sales for

May 30

106%

34

42%

Friday

May 29

9%

36

52%

125

Thursday

94%

147

16%

Jan

73

39

63% May
108

16% Jan

200

May 28

106%

15%

164%

10%

34

*13%

|

Wednesday

106%

11%

*50%

9,800

'

51

46

par

100

Foreign Power

Amer

*145

47%

113%

.

Sep

3

__No par

^J8011 & Fdy Co
it.
Pref®rred

15%

36

7%

V

Nov

8 % Feb

Dec

No par

Amer &

1,300

100%
11%

52%

35

*112%

300

Nov

91%
25

212% Jun
29% Jan

American Export Lines Inc

1,300

11%

*57

112%

600

1

30%

4

23

39% Feb

Oct

1

6,000

■

10

Apr

154

July
Aug

26

Nov

103

l

Sees

9%

15%

*44'A

112%

Encaustic

24%

10%

99%

18

Feb

10

Hawaiian

13

17

61% May

Nov

Jan

20

Hide

21 ¥4

Jan

113

Sep

31%

No par

28 ¥4

13%
183

*179

26%
100

118%'

20%

29%

6

99

Corp

9%

95

13

183

*154

*12%

20%

10%

106%

96

66%

*10%

13%

19%

7

39% Mar

16

No par

28%

106%

162%

10%

*12%

18%

35% Feb

Jan

35

100

American

100

7

24% May 19
5 % May 19

Sugar

American

,

3

1

Distilling Co

100

1

Feb

22% Feb

50

Inc

400

.:

180

50

preferred

2,300

102%

May 20
May 17

99% Feb

10

9%

106%

,•66

*97

Oct

30

100

28%

10

*41

100

Oct

17%

29 % May 17

1

Fdy

6%

500

Feb

Aug

8%

Jan

91%

14

100

54 ¥2
7

38

12

Feb

30% May 19

—*

9%

10%

*21%

*6%

18

Apr

92 % May 27

Inc

*27%

10%

*35

6%

48 % Feb

22

100

9%

28%

*123%

24%

Oct

104

No par

27%

100

10%

164%

24%

3%

24

No par

preferred

prior

4

12%

51% May
103

No par
40

400

T

Dec

Tiling

300
.

Nov

90%

5% Feb

13

May 19

164
18

108

Co

Cable

Amer European

6,000

39

Sep

25

7

Mav 19

155/

No Par
No par

9%

10%

*52

6%
*51

Jan

97% Jan

No par
5

27%

29%

*35

10%

39

6

6%
10O

100
1

9%

*29

.

24%

gtd

28%
141

*10%

15%

39

52%

5

2

2% May 19

1

American Crystal

'

6

52%

8

Jan

Corp

&

American

1,500

16%

x39

Car

100

16,300

8

Mar

Jan

preferred
American Chicle
American Colortype Co

4%%

19

135

69 V*

conv

Amer

6% Feb
31% Jan
101% May

14

25

400

94

193%

*98%

10%

11%

:

104

15%

13

xl9%

100

29%

100

"

3%

94

I per share

*291/4

13%

1

19

16%

May 27

*10%

26%

3%
104

91%

Tuesday

20

*98%

28

*179

400

Oct

.

Jan

82

Radio

non-cum

5%

10

29

15%

100

10

f per share

142%

*95

18%

3%
104

7%

104

100

&

Am Chain &

Apr

LOW AND HIGH SALE PRICES

100

*9%

19

3%
104

6

*12

Monday
May 26

20%

28

10%

1,400

100

91%

39

*111%

I per share

*138%

21%

4%

54%

19%

May 21

*98%

21%

15%

*95

13

Saturday

*19%

21%

14%

6%

10%

122

200

4%

24%

10%

112'

420

19 ¥2

14%

6%

13%

20%

136 ¥2

19%

4%

23%

7

20%

*13

136%

14%

6

*97

,,

94%

*51

*6%

100

10%

6%
54%

20

20% *

*4%

3%

15%

6

900

American

200

22

*13%

105

39

*52

98

Xl8

3%
*102

1,800

108 ¥2

18%

18%

*91

24

136

40

39%

14%

*13

19

94%

6%

21%

189

*107%

*98%

39%

6%

*96%

21

*28

*91%

6

96%
108%

98%

*39

25

38%

28

39%

54%

38%

28

96

*5%

189

89%

59%

18

Oct

preferred

Cable

Nov

1

Feb

Oct

American Can
Preferred

98%

*94

*52

2,000

89%

100

*39

*24%

Amer

5%%

Feb

33

112

29%

pfd

Shoe

3,600

20%

28%

Brake

4%

21

*27

105

15%

*19%

Bosch

4%

190

135%

Am

20%

52%

Co

conv

4%

190

21

1,800

41%

Dec

1

Airlines

American

68%

Sep

8%

32

American Bank Note
6% preferred

50

90

96%

300
4

Jan

24%

No par

preferred

127 ¥4

4%

*107%

10

44%

1
6

8

Petrol

cum

Jun

10

Feb

Corp
No
Amer Agricultural
Chemical-No

3%%

Feb

64% Feb

pfd

Amalgam Leather

American

May

24%

44

nc

Aink0\CU??

400

2,500

*50

Oct

25% May 19

Alpha Portland Cem
conv

Feb

13%

56

i^;^ferred

*125%

89

38

69%

1

Jan

38% Feb

10

Jan

Feb

30%

100

Allls-Chalmers Mfg

Amerada

Apr

183/<

19

par

Corp

127%

*98%

28%

3%

107

20

*68

*20%

14%

18%

135%

20

100

*4%
*13

18%

21

108%

Xl35%

21%

100

14%

*125%

4%

88%

97

4%

70

87%

*96

18%

23

*68

4%

36%

*13

22

70

90%

39

28

22

70

4%

*38%

*98%

69%

22

70

125%

69%

21%

21%

88%

190%

24,400

10%

40

*125%

90

900

9 ¥4

8%

22

4%

*88

8%

*10

127%

4%

8%

70%

38

*125%

*68%

8%

22

10%

38

8%

*68

72

*10

9%

1

1,200

0

Stores

6%

77%

36%

*68

;

100

6

78

■.

-

4,600

££

Vii, j
Allied

300

32

29% May 27

92

Dec

May

Nov

10% Feb

May 19

4

91
169

8

7

37% Feb

301/a May 16
g
Jan

Apr
Oct

A

ati^H ^mi,cal & Dye
ahSH SS Z~~t

200

32 3/8

100%

55

I per share

61%
105%

48% Feb 13
17% Feb
1

ivtiv9,7

105

# per share

V

Preferred-No

Corp
Alleg & West Ry 6%
Allen Industries Inc

CLOSED

31

9

*

900

preferred

lq

"% May 19

ir

100

CforP

5%%

10% Feb

10

preferred

A&k«° ?ri°r
Alghny Lud Stl

500

19%

36%

>

STOCK

EXCHANGE

168

78

■

6,000

1

par

5

*V*%

-

May~21

100

Alaska Juneau Gold Min

11,300

27%

*25

6

50

40

<»*■<«

6%

No par

Ry

* Per share

20

43% Aor

10
i

a

Reduction Inc
Alabama & Vicksburg

1,300

100%" 100%

* per 'hare

2.50

No

Year 1940
Lowest
Highest

Highest

^

i0

Admiral Corp

4,000

22

Co

Air

105

4%

Par

A

AdSfcKf* C0EP

600

4,100

3%

30%

*100%

7%
30%

u

AdamS MiSfr8
Adams-Mills Corp

1,000

7%

30%

7%
31

59

*18%

32%

300

31

28%

19%

32 %

4,400

41

3%

31%

102%

15
•

30%

r

Ab?.t»m*l0Tr?uTl0":;ziJna;

ACF-Brill Motors
Acme Steel Co

500

26%

*58%

*18%

32%

*46

*100%

*30%

32%
*92 ¥4
6

21

*14%

ahknff

2,200

1,400

45

*39

Bange Since January 1

Lowest

Shares

7%

45

JL4%

4%

19

*100%

93

*100

30%

30%

44%

*7

30%

3%

26%
*57

17%

*165

♦18

26%

95%

17%

*165

101%

3

34

26%

20 %

*100%

59

34

*44

4%

20

3%

*27

*57.

105

4%

100%

3%

7

30%

*100

21

100%

3%

7

293/4

107

4%

22

38

*30%

30%

*102

4%

*17 '/a

7%

Range for Previous

NEWExrHAWp0CK
EXCHANGE

90

7%

40

*38%

I per share

*

*44

STOCKS

Sales for

the Week

73

90

7

7%

Friday
May 30

I per share

*85

90

7

May 29

f per share

71

*85

Thursday

May 28

$ per share

90

*6%

Wednesday

16

51

Mar

Jan

43%

Jan

15 Ye

Oct

Jan

29

13%

Sep

6% Feb

21

4%

Nov

10%

Feb

26% Mar

41%

Dec

17% Jan

30

39

29

*64 %

May

5
6

54 % May

14"% Apr 15
13% May 27
4% May 17

Apr

L6%

16

Feb

17

July
May

24%

Feb

Monday, June 2, 1947

COMMERCIAL & FINANCIAL CHRONICLE

THE
14

(2934)

Range for Previous

STOCKS

HIGH SALE PRICES

LOW AND

May 26

May 24
$ per
■

$ per

share

*111

114

*140

144

t

'.

104

*10%

14%

*14

11%

*10%

15%

12

*15%

15%

15%

*140

144

*14%

11

ii

15 y4

is

*109

121

121

*115

117

*115

118

*115

*45

47

*45

!

103

102%

12

11%
45%

*117

118

*45

47

MEMORIAL

73

DAY

24

24

*24

75

*72

73%

72 y8

72%

*70

*32

33

32%

32%

109

109

32%'
109y9 109%

100 %

101

*109% HO
101%

22%

60%

603/4

115

26

6%
14 y4

*13%

'

*13%

20

20

193/4

193/4

19%

19%

5%

51/4

4%

5%

60
.

137/a

13%:

30

13%

20%

22 y2

22%

22%

19%
4%

203,4

21

21

•;

5

100

•,

1,900

"

2,400

9,800

5

5

5
41

41

41

1,400

6 3/4

6 %

65

May

Mav 22

110

Feb
Jan

4

luV4 May ii

5

17% Feb

preferred—;

13

1434 A«r.
116

112%

Nov

102

18%
12

17

Feb;

363/s May

Dec
Oct
Nov

30

Aug

32%

Jun

20 3% Feb

13

132% Feb

4

124%

Dec

153

May

Feb

4

125

Dec

148

May

H

May 29

Ij.2% m„y

134

XJ

49

Mar 17

46%

Sep

58

Aug

66

Mav fO

93

Jan

2

78

Oct

121

May

100.

May 23

112

Feb

10

100

Oct

125

40% Apr

17

Jun

1U% May xj

18% Feb

15

13

Oct

29% May

40% May 17

59

Feb

13

45

Sep

83

34% Feb

15

Jun

Dec

493/4 May

,Jan

22

77

Mar 29

68

Dec

94

31'% Apr

15

39

Fed

13

31

Nov

107% Jan

15

113

Feb

19

105

Nov

130%

Jun

98% Anr

14

102

Mar 27

Oct

343/a

Apr

973/4

Jan

24

May 20

62

.

253/4 Feb

21% May 19

5

—

42%

17

19

Apr

li

113% Apr

22

57

26 3/4

22%

14

x53%

Mar 17

NOV

114

68% Mar 19
120

Nov

27% Jan
123/a Feb

10

Jun

Sep

403/4 Aug

10%

30

53/4 May 16

135

25

•

22% Mar 11

,

May

51% May

Nov

253/4

'

Jun

233/4 July

13 Va May 1'9

18 3/8 Feb

18

16%

19 % May 14
xl7% May 13

29% Jan

29

18

273/4 Jan

27

15%

Oct

32% Aug

4% May 19

7% Feb

8

6%

143/a

Feb

41

NOV
Oct

83%

Feb

Jan

39

:

700

:

41%

41%

Sep

—..,——r—No par
4% conv preferred--—,—_—100
Atlas Tack Corp—;
—No par
Austin Nichols—————No par
Conv prior pfd ($1.20)—No par
Autocar Co———,—.
——-5c
Automatic Canteen Co of Amer—5
Avco Mfg Corp "(The)——
3
$2.25 conv preferred—--—No par

'

*13 %

7

Atlas Powder

480

•

26

*24

Jan

14% May 23

Atlas Corp

2,600

116%.

'6%

.

19%

4"%"

116%

116%;

55

103.

2,600

100

223/4
63%

26
6%

20%

.

41

42 y*

*41

41%

41%

,

62%

#24

14

19%

22%

62%

-Jun

38% May 19

1,400

600

110
101%

101 Va

23

*115

6%

*13%

14

20

213%

*109y8

172

T F Inc

4,200

34

61%

26'

6%

33 3A

July

Oct

—10
'.—No par
Atl G & W I SS Lines.—
1
5% non-cum preferred—100
Atlantic Refining
25
4% conv pref series A new—100
Preferred $3.75 series B new_i J00

-

33%
*109% 110
101
101%

139

125

Atlantic Coast Line RR

74 Va

32%

Sep

10

Fe———100
100

A

24'%

22%

116%

-

*24

:

6%

6%

75

47%

24

47%
24

62

*61%
*115

* 115

*24

26

*6%
*21

22

6iy4

.

101%
22 y2

101

22%

x60%

116%

*24

101%

X22 %

22%

*115

32

47%
*70

46 y4

*23%
*70

24,

%

112

Jan

-No par

Co

& Santa

1,100

12%

12

5%

1,300

12

11%

Investment

Assoc

Atch Topeka

8,000

102

101

ioo y2

100

46

*22

733/+

74%

24

161

preferred——100
2d preferred——
100

7%

47

11%

44'/2

46%,

26

11%

11%

46,

*11%
46

101

CLOSED

10

130% Jan

May 19

——No par
Goods-———1

Dry

18% May :

May 21

1st

6%

*

.

$ per share

10 %. Sep

6

153/a Mar

93/4 May 19

$ per share

share

140

Corp—

Associated

70

118

71%

71
101%

69%

71%

70

71%

Artloom

1,800

STOCK

EXCHANGE

#45

47

105%

700

11

15%
119

119

118

47

71

10l/2
157/a
116

118

*118

*102

;

500

14%

Arnold Constable Corp__r—

$ per

share

Highest

Lowest

Highest

109

—No par
-No par

$3.75 preferred

120

119

121

121

*44%

14%

ii
15%

15%

2,400

104%

*103

104
14%

preferred

preferred,™
Armstrong Cork Co__
Wc

40%

393/4

40%

39%
104

•

14 y4.

14%
rliy2

14%

14%

104

104

104

rio3

144

$6 conv prior

115

5
No par
—100

Illinois

Armour & Co of

200

*ii2y2

#140

144-

*102

15,000

114

$ per

Par

Shares

share

11%

11%

11

10%

I per

share.

114

y4 .'39%

*39

40%

40%

$ per share

.,

10%

112 y2

*140

144

*140

share

10%
,

$ per

Lowest

EXCHANGE

the Week

Year 1946

Range Since January 1

STOCK

NEW YORK

<

Sales for

May 30

112%

10%
112%

40%

*40

May 28

May 29

$ per

share

10%
112%

103/4

10%

Thursday

May 27

Monday

Saturday

Wednesday

Friday

Tuesday

49

May 16

Feb

8

Sep

373/4

Nov

Jan

B

18

17%

13%
17%,
8%

9

63

'48%

49'

49

49

*49y4

49

*18%

19

18

18%

*17%

18%

51%

*50

5iya

23%

23%

23%

23%

16

1'6

16

15%

24 y4

16

243/4

24%

*44%

16 %

16%

*104%-.

104%

*104%

105 %

6Va

105 y4

6%
33

*33

33%

33%:

33%

♦12%,

13%

13

11%

11%

11%

11%

17Va

17%

293/s

29%

*28

28%

*21%

22

21%

79

78

139

133

139

48

48

*14%,

14%

14%

*25%
14%

*43%

45 %

31%.

14Va
20 34

99%

44

143/4

15%

15

15%

5,700

14%

37

37

3T

37%

1,300

108

55

35

56

56%

25%

27

393/4

40 %

41
*9.7%

41%

27 y8

x26 %

26%

40%

40 y4

40%

40%.

41%

42%

*97,%

99%

40 %

41

14%

14%

32

32

31%

*24

24

24%

14

39

27

*26%

106

*104%

10%,;
81%

*25%

26%

*100%

102 %

*102

*39%
*107

27%

27

106

239/2

23%

600

15%

15%.

16%

7,000

*1224%

123%

14%

123%

*122:%

123%

'

10

10%

10%

10%

"

81

81

*103%

*80%

*

25%

25%

*101%

104

13,600

C2

*8Q%

81%

320

25%

*25%.

26%

500

102%

*101%

102%

16%

23%.

17 %

16%

16%

*27%

28

27%

28%

15%

14

14%

14%

15 y4

97

97"

97

97

98

*96%

97

*82

VI

*83

87

83

*81

86

*81

86/

*81

6%

6%

14%
3%

33/4

15%

*143/4

101
'<'■

,

96 %

*80%
*81

6

12%
6%

„

13%

33/4

14%,

15%

96 y2

100
3,900

13

2,300

0%

13%

133/4

5,400

1003/4

240

3%

3%...
15%

15.

„

*97

98%

98%

20%

*20%

20%

,2Q,%,

33/4

900

15 y2

1,000

98%

120

21.

'■*

Co Inc——

700

;

May 26

May 24

Thursday
May 29

tper share

27%

27

271/4

27

27%

541/4

*53

55

53

f per

$ per share

53%
2%

$ per share

$ per share

'

*

share

27%

271/4

*54 J/4

55

541%.

2 %

2%
7%

7

2%

*24%

243/4

14 %

X24 %

14%

*118

Va"

14%.
lift

120

2%

2i%

2

7%

2

7

.

7

f

7i%

x7%

24%

24

23%

14%

14%

143%

14%

lift

24

120 '

*118%

119%

53

■'

1

'

*

'

the Week

.

451/4.

45%

*45%

47

*45%,

46 3/4-

2oy2

20%

205%

20%

*20 5/s

21 %

*20%

■-

10%

1Q

IO1/4

19

10 %

101%

10%.

61

59 •"

59.1/4

*59

603%

*59%

603%

iiy2

11%

*50

117%

11%

*31%

32

*43

46

11%

50

52%

*116

50*

*43

*13%

13%

I

*37%

38

*37%

For

*11%

13%

footnotejS, see

32'

45i

*41%

13%

*38

39
page




12%

*11%
*50

51%
117
.

32%,
44%

.

14%;

15

122%
47

*20%

116%

■

.

3,100

1,700

,,

800

EXCHANGE

.18,500

CLOSED

•*

MEMORIAL '

200

10%

*59%

1

(

15,200
200

61
-

11

11%

11'5%

51%

51%

51%

116%

*1163/4

117%

32%

32%

*413/4

44%

-

.32%

-32%.

*42

500
40
40

900

131%

133/4

13%.

*13%

39

381%

389/4

,-*37%

38%

46

Apr
May

30%

Feb

19

18 V*

Oct

33%

Jun

49% Feb

24

37%

Sep

58

Jun

May 17

17% Feb

14

3

38% Jan

9

31

18% Aug

Sep

34

66% May

Nov

18

-

23% Feb 24

Dec

35 •' Mar

73%

Jan

Feb

16

59

Feb

11

42

Oct

Feb

15

116

Jan

8

101

Sep

112

Apr

52

Oct

69

% July

27%

Nov

48% May

54

Mar 17

67

Jan

9

May 19

35% Feb

7

8

37% May 19

3% Apr

:

573/4

Dec

Apr

613A

Sep
Nov

Jun

107% Aug

6% Feb

3

4%

Sep

;*11%

Jan

39% Feb

1

30%

Dec

35%

Dec

Dec

34%

Jan

14
'

32 L May 20

13% Feb

8% May 19

21

12

Jan

3

72

Jan

95

Dec

Sep

20%

Feb

Jan

96

May 16

87

<

100%; Mar 29

97% Mar 14

99

9

49% Feb

42%
36

493/b Jan

383/4 May 21

13

May 19

18% Feb 27

13%

30

May 17

40% Feb

11

30%

Oct

53%

23 % May 19

31% Feb

10

23

Oct

42%

Jan

2

35%

Jan

70

May

Nov

115

Apr

1

May 14

38

63

105

Jun

10

109% Apr

3-

173/a May 19

203/4 Feb

5

25

Oct

38%

36Va Jan

7

31%

Sep

45% May

106% Apr

30

Oct

110% Mar

106% Jan

26% May 20
Jan .14

102

21

'

.

27% Feb

Jan

.

103
I

3

18% Feb

May 14

13% May 19
120

20%

10

14

Apr

Apr

38%

Oct

25% May

Sep

120

123 % May 25

2

130

Jan

Feb

14% Feb

25% May, 20

7

97/a

Oct

22%

Jun

86% Feb

9
1 May 13
72% Jan 15

18

70%

Oct

99

Jun

30% Feb

:

17

25%
96 %

Dec

18

18%

Nov

33

Feb

45%

Oct

11

Nov

108 % Mar

14% May 19

102% Apr
23% Feb

26

May: 14

38% Feb

10

14

May. 19

22% Feb

17

16%

Oct

15

953/4

Dec

111

Mar 12

84%

Dec

1193/4 May

Dec

102 %

Nov

21%

Nov

153/a

Jan

99

,

95% Jan

7

1043/a Feb

2

100

May 19

80

95% Jan

6

97

15% Feb

8

13

9% Feb

8

Jan

22

Mav 19

24% Feb

7

100% May. 23

108% Jan

4

Feb

10

*

85

May 20

12% May. 19
May, 19

6

78% Apr

11%

.

88

29

6%

May 13

Jun

59% May
26% July
Mar

Aug
Jun
Jan

May

98
'

39% May

20% Nov
105

May

110

Sep
Oct

9%

Oct

35%

Oct

47/g

10

15

Jan

3

99

253/4 Feb

8

19% Nov

104
,

46%

Oct

75

21% Feb

133% May 19
94 7% May 22

19

6

v

3% May 17

k'

Jan

Feb

112% July
40;

May
'

'

'

1,800
100

Lowest
„

$

5%

preferred

—:

53

50

—1
Calumet & Hecla Cons Copper——5
Campbell W & C Fdy —^-No par
Callahan

Inc__ 1.66%
preferred ——_—L—No par
Southern Ry Co,.
-100
Canadian Breweries Ltd
No par
Canadian Pacific! Ry
—,—'—25
Cannon
Mills, U.Z——
-No par

.

116.

Steel CD—-—

Preferred

5

—.—--—10
4% series.—-——50

• 5
29
8
8% Feb
7
303A Feb
7

Jan
3% Feb

-

Mar 15

19% May. 19

48% Feb 18
25% Feb 20

•9% May 17
~

15% Feb

56

.

70

Jan,17

13

Mar 18

1

11
.

■

Apr- 14

14% Feb

50

May 26

57% Feb 18.

115..

Mar 29

128
Jan
391/4 Jan

14

50% Feb

Apr

12% May 19

'353/4

.;

9
2
7
19% Feb 18
413/4 peb 24

30% May- 20
40

May 19

Lowest

t per share
«

*
•

v;

Highest

.

r

'

']

f

> I '

473/4

Apr

58

27% Deo

Apr

53

Oct

3

Sep

7%

6%

Oct

123/4

20%

Oct

40% May

127/a Nov
113
43

Nov
-

1 Oct

'

Feb
Jan

18

July

14T

May

*58

Jah

24

Dec

25 3%

Deo

113/4

Oct

22%

Feb

51% Nov

73%

Apr

12 V*

Oct

21% May

50

Oct

5ft% May

112

38%

"39
13%

Sep

137

Nov

>34% NoV

;

Deo

61%

Jan

34
60

%

23,
At'. r-r| -.-3;

May

39 %

Oec
Sep

j

t per share

.

17 % Feb 10
132
Feb 10

Mar 15

45

,

29% Mar

x55

22;

12% May 13

$4.25

Capital Administra,tion class A—1
$3 preferred A —1
1
—10
Carolina Clinch & Ohio Ryr—100
Carolina Power & Light Co—-100

Jan

.._

S per share

6% May 19
21% May 19

Canada

Corp

;

share

May 14

Zinc-Lead.

Canada Dry Ginger Ale

Carrier

1
Highest

243% Apr 29

No par

California Packing

per

Year 1946

since January

•

,

i

Range for Previous
Kanee

Par

Carpenter

45
14

610
30

DAY

20%

10 %

r"

.

11%

*50.

*116

(115% 116,
,
32
3 * 32%

71/4

-*45.1/4

20%

10 y4

50

,

2%

243%

*120

'

463/4

53

6.3%
.

14%
120:

900

STOCK

.

Shares

27%

24%.

'■IV*

NEW YORK STOCK '.
EXCHANGE
v

Sales for

Friday
May 80

I per share

1

2%

24%

*451/4

*59 y4

*27%

-

Oct

■

'

*27%

Nov

15%

Mar

83%

263/a Feb

*

Wednesday
May 28

Tuesday
.May 27

Monday

(Saturday

31

-

Apr 26

STOCKS

PRICES

Nov

6
10

25

„1———
3%% conv 2nd preferred—i.100
3%%
preferred
100
Burroughs Adding Mach——No par
Bush Terminal, ———1
Bush Term Bldg 7% prgferred_-100
Butler Bros common
1——i—10
4%% preferred
llOO,
Butte Copper & Zinc——5
Byers Co (A M)-_
—No par
Participating preferred—
-100
Byron Jackson -Co.—
No par
{

LOW AND HIGH SALE

53

34

1
100

preferred

4%

168

104

No par
5

Co

Dec

•

14% May 19

Co

Watch

Bulova

36
Jan
x20% Feb

28% May

common——No par
$5 preferred
-———1—No-par
Buffalo Forge Co.*.——1
Buff Niag El Corp $3.60 pfd
100
Bullard

143

14

1—5
^-100

Burlington Mills Corp .com—

1

.

18% May 19

No par
—No par
—No par

—

31% July

1143/4 July

41

——.

.

(The)

66

May 21

25

Bruns-Balke-Collender —1—No par

Budd

52% May

Feb

NOV

85%

18% Jan 23

12% May 19

■

100%

.......

97

96%
*20%

y

78

*74

100%

3%

21

6%

6%

13%

3%

*20 %

13

100%

3%

14%

12%

"78

*74

78
14

101%

15%

40

86

13%

96 y4

20%

*9534
*20

88
86

*100%

*14%

12,900

98

*81

15%

3%

2,400

15%

15

*9.7.ya.

*83

101%

14%

15%
101%

300

.

■

88

12%

*74

80

*75

80

*74

*10034

30.

86

6.

6%

6%

;•

29%

.

83
:

12%

13,%

12%

13

12%

18%

*18

17%

28%

*16%

*96

so

1Q%

163/4

•:

:

10%

36% May
112% Aug

3

America--——15

Bucyrus-Erie Co
7% preferred*

Sep

22

6
4

Feb

2.50
-100
——No par
—15
preferred _l—T-—No par

$3.60

26 % Jan

14% May 19

Brooklyn Union Gas
Brown Shoe Co Inc com

10

23%

28%

14%

:

106%

*105

.

400

Oct
Dec

29% Nov

35% Jan 21;

< 48% May 20

(assented) _100
—5
Inc——;
2.50

Stratton

17

27

Maine RR

preferred

3% %

Jan

283/4
24%
963/4

7-'

28% Jan

103% Feb

9

Feb

Bristol-Myers Co* common<

27

*27%

15

600

1,400

"

58

May 17

_—_—

Brewing Corp of
Bridgeport Brass

•:

Jan

Jan

Roller Bearing Co.—

&

112

99

—15
,——5
preferred —--—IOO';

Braniff Airways

Apr

Dec

102

150

Corp.'—,

1,100

41

20%

*16%
1434

V

109

20%

14%

26%

;

;

cum

&

Boston
Bower

37

7
7

76% May.19

1

common—;

(The)

Co

3'/2%
500

300

x22%

102%

26

Borg-Warner

22%

25%

—

Borden

14%

81%

B

Class

Jan

2

106% May
39% Feb

2

Jan

136 % May 19

—5
No par
No par

A—

class

Co

Ami

Bond Stores Inc

*122%

10%

80%

Bon

35%

24-% Jan

Oct

25% May "17
19% Apr 19

2.50
—x—No par
Airplane' Co__-———5

Boeing
Bohn Aluminum & Brass

Nov

16%

"

Laughlin Inc_.

&

Oct

15%

28

1
No par

;

preferred

15

6

99 V2 May

—No par

Co—

conv

28 3/4 May

13

18% Jan

21% May .20

-1

W)

(E

$2.25

Mar

17% Feb

16% May 19

—

Co

•

39% Mar 31

May 13

103

——1
—-1
Bethlehem Steel * (Del) ____—No par
7%
preferred————,100
Bigelow-Sanford Carp Inc™No par
Birmingham Electric Co.----No par
Black & Decker Mfg Co-—-No par
Co

;7

Nov

May

73

12% May 16

—No.par
pfd $3.25 ser of 1946_No par

fe

Best

Jan

24%

10% May 21

Howell Co

Best Foods

May 19

32

—10
4%% preferred
100
Bendix Aviation!———5

100%

20%

20

20

10

Corp__■—

May 19

J

105

—10
No par
1

Co

Packing

Aircraft

Briggs

19%

79

Jan

—

Creek RR——————- -50

1,200

27

123%

43

24%

40

123%

Oct

24

109

123%
10%

30%

243/4

40

14

13%

14

14

*122

17

2,600

*107

*22%

Apr

31% May 16

Feb

305/s

24%

*104%

30%

40

Corp—1—

32%

39

23:

Nov

32%

110

105,

110

11

323/4

39

23

23%

1183/4 July

Feb

2

Co_;
Briggs Manufacturing..

*107

105

107

23%

Nov

104

Jan

1,400

27%

*26%

27%

*27

*105

111

15

12

14%

19%

19%

19%

19%

.

31

108% Feb

14% '

39

*108

110% Jan

5% May 27

14%

110

39

110

xl03% Mar 11

1

14%

*

4
39
*108

.100

43/4$>

3,000

88

*84'

pfd
—_—
.100
preferred-

cum conv

Shoe

3„200

■

9%

9

9%

Sep

1,900

34

*33

33

46%

130

■4...'"'.

4

4

2

x24%

:

31

30%

*24%

,

88

*84
•

13%

32

25

33
9%

88

*84

14%

14%

i'

8%

8%

88,

*84

88

33%

*33

35,

*33/4

4

*3%

3%.

8% ,'■'8%.

8%

99%

*97 %

99%

110

*104

55-

Jan

,.

103

*105

105

;

62

14

.

Bloomingdale Brothers

31%

,

42

Bliss

31%
.

Dec
Oct

300

15

31

32

Feb

393/4

'

18%

Corp—————V

330

;

25% May

15

Jun

21%

Bliss

31 ••

1

20% Apr

—,———

■,

fe

300

44

27

7

1,500

.

15

39%

>-*33

36

22%

Feb

*

Feb

2,600

"14%"

*43y4

■

2

May 19

19 '/a Feb

Blaw-Knox

37%

loo

■

800

15

26%

3%

.

*143/4

14%

41%

*97%

300

15
26

21%.

27 %

40%
a

800

*

14%

■

56"

3%

500

V-

48

26

21%

*43%

8,100

.

~

14%

20

4,200

a."

140

*14%

■

40%

41 %

*84

"

25%

'

55,

'

8 3/4

15

25%

•

*

79%'v"5

47%

14%
♦

37

106

■

*33

25%

14%

37%

140

27%

41%

V-

48

48%
21

Cum
600

S

25J%

140

55

27

41%

334

14%

25%

*31%

15 y4

•••

47%

*14%

14%

14%

14%

,

*

9

Beneficial Indus Loan.

■

28%

,*-24%
/ 78 3/8

79%

54% Jan

Bell &

2,500

4 28%

24

140
:

47

*42% '".44%

31

37

5C

27

41

'•
'•

23

77%

"

•

14o

47

43%

*104

*56

*97%

*139

•

20.

*14%

105

105

98%

14%

3.7%

*363/4

*97 y2

98

28%

28%

50

—5

Belding-Heminway

' 3,000

;

23 y4

*96

-50

800

31%

23%

28%

17

Bell

106

31%

23%

77%

14%

31

31%
15 %

15 (4

*105%

106

30%

21%

20%

*141/4

14%

14%

May

27% Feb

100

18%

:.

•

22%

76%

43

'

,

18

*105%

100

20

20%

13%

29%

21%

26,

"14%

14%

*20%

18%

•

14%

26

26

May

31

557/a Jan

900

:

12

22%

22

48

*47

11%

11%

29%.

*27%

79 y8

79

139

57

.

18

Beech-Nut

600

13%

*13

11%

106%

*96

28%:";
22
t

23

13%

13

28%.

100

*95

100

*95

Oct
Sep

Feb

69

13

Jan

Jan

24

Beech

33

32%

32%

.*

nva

*105%

22%

22

22%

*21%

32%

13, y4

*17%-

29%

■

41%

60

47% May 20

Beech Aircraft

35

*32

*12%

33.

y ii y»

107

*105(4;

64% Aug

Dec

9% May 19

18% May 19

Beck

3,100

6%

6%

33

*32

105

105

6%

6

5,%

*12%

;

*17% "18,

107 %

29%

Jun

Apr

25%

-

Brothers^—————-10

.33%%;

10
20

.

33,

33.

"

100

'

104

*103%

104

105

5%

13

*105(4

*103%
*io4y4

*32

33

*31%

88 %

Bath Iron Works

1,000

"

45 %

*44%

45%

45 y4

45,;
104

18 3/4

18%

18 y2

105%

104

*104,%

6%-

6

*31%

Sep

1—-

-

-

Bayuk Cigars Inc
-™—No par
Beatrice Foods Co-L-L——-25

1,500
-

18%

18,%

*44%

45%

*104 " '

66
363/4

Ohio_

&

4% ^preferred.:Barnsdall, Oil Co

13,000

25 y8

16%

23%

16

xlB.%

19%.
51%

*50

51%

.

"15%

23%

19%

50

19%

18%

13%
*50 '

90

63

*62

63

63

62

63

62

,

4%

400

\

139%

*12%

48%

19%

May

Barker

12%

46

30 ',

700

12

104%

Oct

600

12%

12

62

*18%

12%

12%

12%

12%

14%

14

51

*44%:

Jan

16% Feb

11,000

9%

62

*103%

47%

14%:

13 Va

,

Oct

preferred—^.———— —
-50
Bangor & Aroostook'Conv 5%
preferred—-.—— .100
.10
Barber. Asphalt Corp (Delaware)

12%

*19

18%

8%

12%'

*50

30%

25% Feb

Baltimore

13 y8

51%

36%

Oct

11% May 17

17,400

8%

9%

*49

*50

Nov

11

.100

6,800

17%.

18%

13%

*12

*ri7%

16% Feb

14%

18

13

13

X43/a ireo

7% May 17

13%

18 v*

9%

May

163/s May 19

13%

17 %

87/a

'f 16

13%- May 27

.100

13%

'17%
9 "

13%

17%

8%

—1.

.-Inc.; ————
-13
Works

baiawm-Locomotive

13%

*

13%

14%

*13%

Babbitt, s

1.200

3- i '?

Jan

Feb

Volume

165

Number 4599

THE COMMERCIAL & FINANCIAL
CHRONICLE

NEW
LOW AND

Saturday

HIGH

YORK

STOCK

RECORD

SALE PRICES

STOCKS

Monday

Tuesday

Wednesday

Thursday

Friday

Sales for

May 24

May 20

May 27

May 28

May 29

May 89

the Week

f per share

X per share

*

6 Ve

6%

6'/a

3iy2

311/2

301/2

$ per share

6%

6

$ per share

0

32

30%

144

143%

*6

30%

143%

$ per share

6 %;

*6%

32%

31%

32%

139

141

*52

53

52%

52%

51%

52

52

53

191/2

18%

19%

13%

19%

19%

19%

19'/a
*105

*142

1053/4

*105%

105%

105%

105%

140

140

*140

145

140

140

*213/4

22

*201/4

201/2

19

*8%

70

52%
19%

1053/4

*105
*140

145'

:

50

21

21%

21%

22%

22%

23 y8

20 %

20%

20%

20 y4

20%

700

19

19

19

19%

19 %

19%

8%

8%

9

9

8%

8 3/4

8%

8%

9

*93

95

*92%

51/4

5'/4

*51/4

5%

233/4

23%

23%

*10

11

*10

8%

8%

-

8%
8%
112% 112'A

112%

5

94%
'

9

114

*92%

94%

*92%

E%

5%

5%

24%

23%

23%

11

*10

11

:

111

*10

30%

30%

30%

30 3/4

31%

31

32

13'/4

3,200

133/a

12%

13%

13%

13%

133%

14'/a

7,900

23

*22%

20'A

*19%

'*193/4

108

*10%

23 %

22 %

22%

22%

*22 V2

23 %

19%

20

20%

107

107%

107%

ny4

11

11

*10%

19%

*23%

24%

*23%

24%

43%

43%

43%

43 %

44%

*3%

44%

3%

3%

3%

3%

3%

3%

4

7

6%

6%

6%

6%

6%

7%

6%

6%

6%

6%

*4%

5%

5

10%

10%

10

*5%

5

26%

43"

6%
'

G%

5

10%

*23%

443/8
4%

7%

7Va

7%

5%

5%

5%

10%

10%

10%

EXCHANGE

5%

26%

5%

5%

4%

5.%

3%

8

5%

2%

3%

*2%

3%

*2%

3%

3V8

3Va

8

7%

7%

7%

8%

8 Va

8 %

DAY

25%

26%

26%

25%'

5

5

CLOSED

5%,

500

17

16%

16%

16%

17

17%

39% ■:

17%

17%

38%

39

3,8%

39 %

2,400

39%

40%

24

40 3%

40%

23%

23%

23

23

2,400

23%

24

*51%

52

*16%
39 V4

*23V4

.

27

,28%

28

24%

243%
57

13

*12%

13

17%

*16%

17 y4

53%

5%

52

*51

52

*56

57

*56%

51

13%

*12%

13%

*12

13%

*12

17%

*16%

17%
5%

*16%

17

*16%
5%

5%

38%

38%

*38%

5%

39%

97%

*38%

98

*5%

39%

97

*38%

56

5%
39 %.

.

56

98%

96

96%

98%

25%

25%

26

26

*108%

112

*37

900

Chicago
$3

_30

40

tChilds

10

253/4

25%

110

*22

109%

22%

110

100%

99%

100%

26%

25%

26%

22%

22%

39%

393/4

39 %

*27%

28%

*27%

28%

*8%

8%

8%

*22

8%

*87

90

40

*87

*14%

14%

*23%

24%

39%

*27%

24%

40%

8%

*23%

14

25

24

180

*150

180

*150

90

*80

90

*80

*110%

111%

29%

111%

30%

*28

1083/4

108

32

*108

109

.

"83%

*108

86

*48

*83%

49

*48

86,

28% ; 39%
110% 110%

49

*48

16%

16%

16'/a

*33%

34%

*3334

34%

*39

39%

39%

39%

♦145

155

*145

16%

■

cl

vtc

25

29%

*29

*84

27,700

110%

70

*29%

30%

108%,

*107.%

108%

*84

49

49

-

16 %

16%

34%

"

;86

•,

*48%

163/4

34%

34%

39

*145

155

39%

110%

86

.

155

38%
*145

40

100

900

.

14%

Jan

25% July

23%

Nov

43

10
23

20 Vb Feb

13

21% Nov
105

Jan

25%

Oct

Sep

Jan

Oct

12%

114
32

Apr

18 Va

Jan

Oct

26 Va

Jan

7V8

Nov

,4y4May,17

8% Feb

1

5%

Oct

14% July
17% Jan

11 %

3

15% Feb

7

4% May 19

10% Jan

30

2% May 21

6% Feb

4

6% May 19
23% May 19
14 y4 May 17

14% Feb
38% Feb

27% Feb

21

36% May;19
20 % Jan 16

53% Feb 13
28% Mar 1 6

par

51»% May. 19

55% Mar 25

par

54

8

57% May 15

8

15% Feb

11

21

18

;

,

Apr,
32y2 May.

4% May 17
38% May 22
g5% Apr 15

8.50

25

Apr

108

Jan

Ca._10

38%

Sep
Sep
34% Sep

82%

Jan

43%

Jan

76%

Feb

17

Nov

37%

Jan

45

Pec

59%

Jan

55

Dec

67%

Jan

14

Deo

25 y4

14

Oct

25% July

Dec

15

Jan

May

1

6V4

42% Mar 17

36

Sep

75%

Oct

6

21%

Sep

Feb

20

Feb

18

Dec
Nov

38 Va

July

Oct

58 %

Apr

44 Va

May
May

27%

Oct

88%

Deo

5

Mar

12% May 19

20% Feb

23

May 19
i

25

86'

Apr: 18

95

37

May 19

.

C 110% Apr

—Ng par

Feb

22

108% Mar

39% Mar 14

—

(The) New_l

114

Sep

9%

6

94

;

Dec

21

14

28

r

Jan

30%

36 Ve

10

Jan

Jan

108

11% Feb

May 19

'

Jan

141

29% Jan
111

Feb

53

11

32% Feb

8
84

com-No par

-18

Jan

Nov

Sep

205

Feb

105

Jan

108

Jan

109

Sep

113 Va

Jan

106

28

115% Feb

22

15%

178%

Jun

108% Mar

38% May

May 291

4

!.

29
May. 19
108% Jan 10

^100

*_50

109

Mar

V2 May. 27

101

Jan

22

99 Ve

Jan

106

57

Feb

Apr

18

56 V4

Feb

62

24% Feb

July

3

19%

Dec

44%

83

t

50

46 V4 Apr

No par

30% May 13

22

15% May 19

1

Co

Sep

15%

28

.

100

32

May 21
38% May 20

No par

Preferred

11%
31%

48% Jan 30

100

gtd

15% July
11% July

21% May 21

^20

c

Oct

37% May 19
21V* May 20

par

Ry Co

33%

Sep

7

Feb

Oct

7

8

105% Feb

6

25% May
66% Jun

3%

7% Mar

14

100

preferred

:

83/s May 19

par

;

&

2
7

Feb

110% Jan

15 % Jan. 13

Co. New _i

Illuminating
preferred-,-

Peabody

Jan

9%

_ioo

Elec

Cluett

Feb

May

2

5

Special gtd 4% stock
Climax Molybdenum—;
Clinton Industries Inc

155

51%

29

__25

Clev & Pitts RR Co 7
%

6,100

24

9% Jan

;_ioo

Machine

Louis

42%

Dec

Sep

12% Jan

Jan

10

preferred

5%

500

.40%

*145

St

Nov

11

5% May 19
6% May 19

.

No par

Clev Graph Bronze Co

10

35

*39%.

155

&

26 Vb

Jan

31%

6

28'% Jan

11

102% July
23% Jan

Sep

Oct

.^-lOO

preferred

$4.50

90

17%

*34%

C

Clove

700

■

50%;

163%
.

C

18
•

Jan

116

8%

Oct

Fuel————No par
Inmting Co—
^__5

6%

'

49

39

C

30

14% Feb

35% Mar

Jun

Dec

89

4%

Tool——No par

Milling

15

17% Mar

&

% %

'/a Apr

19

wo par

Stores..^
Clark Equipment

300

39 %

111

5

Ice

110%

Feb

96

48%

No par

City

90

30 %

*107%

20

1,200

25

•

•

'

83%...

City

-

180

*80-

393/a

1,200

■

--

*150

16

■

•:

14

24

34
,

90

City

4

116

6

2

No par

C^I T Financial: Corp——No

100

Jan

14

A__25

Co

Cincinnati

5,600

•„

•-8%

14

90

300

,..

Apr

13%

33

50
Co

Cinn Gas & Elec common
Preferred

900

*87-

180
-

x38%
*110%

108

83%

>

8%

87

13%

*80

*30

8%

87

*150

*110%

29 %

133/4

SO

38%

40%

*'28 %

28%

170

38%

40%

28%

40

28%

*80

38

22

40

*150

37%

111

22

90

13%

24%

*109

22%

8%

*87

13%

110

22%

8

90

13%

*108%

22%

17%

3

50

Copper Co___—
Chrysler Corp

5,100

Oct

Sep

7% Feb

Co

Chile

15,000
-

Jan

8Va
9

30% Mar 10

—

*25%

*109%

29

2

2

54% Jan

1
RR

Chicago Yellow-Cab
™<*asha Cotton -OU
3,200

20

14 y8 Jan

23

preferred—;
No
($2.50) cum divi—No

pf

19

July

41'% May- 21
3V2 Apr 14

No

Pneumat

conv

Pr

23

221/8 Feb

Sep
Sep

Jan

fc~25

Ry

P

Jun

10 Va Jan

10% May 10

—No par

Series A preferred
Chicago & Northwestern
5% preferred

53 Va

*56 y4

*51

57

5

5,200

*51%

52

*56

5

283/4

'

•

*51

*12%
*16%

ouV;a^,. B--—

Jan

38l/a

20

31

--40

Chic Mihv St PI

161%

14

138

—5

East 111 RR Co

rP^efoerrTedT
Ind & Louis

rw\n
Chic

2,700
10,000

26%
16%

Va

109 Va

Oct

22%

21% Feb

3

Feb

Sep
Jan

28
24

12% Jan

103

par

May
23% Sep

'Apr

21% Jan

Ry

1.800

MEMORIAL

7%

of

104%

81 Va

32% Feb

27

1.25

Chicago Corp (The)
Chicago Great West

2,400

Nov

19'% May 21

Mfg

A

5,300
STOCK

e%

*3%

Cab

1.900

18%

H% May 19
20 % May 19

preferred.—;—_■—No

&

Jan

No par

Chesapeake Corp
Chic

Nov

9% Apr
29% Apr

1

Jan

54 V*

No par

Co

Jun

Feb

4% May 19
20»% May 19

No par
No par

—

Pap & pib CoChecker

112 V4 May
90
Jan

,

Aroducts-

;

Be.t

$4.50

1,300

7%

10

Copper

•

100

Jan

55

183

21%

8% May 21

ser_100

10%

Nov
Nov

153

64,

May 24
19% May 19
20% May 20
19
May 23
7% May 19

1

Mills

Pasco

5,700

4%

G%

10%

Phlf

Cliam

24%

44%

.

156

Co

Ribbon

de

700
240
300

5%

5

*10

.

|

.

11

7%

25%
•

Cerro

300

20%

107

*10%

10%

19%

107%

43V4
7

Century

*105%

107

10%

25

22%

19%

107

Hi/4

*23%

Sugar

11

30%

13%

13%

140

.

X per sr.zre

Oct

31%

108% Jan

Corp.iVo par
preferred__100

Lt 4%%
Cent NY Pr
Corp pfd 3.407c
ICent RR of New
Jersey
Central Violeta

600

30i/8

30 Va

*22%

105% May 28

Hudson G & E

Central

6%

39% Feb

par

Foundry Co_—

Central

X per share

8

158% Jan

Assoc——No par

Centra

1,400

7% Feb

29% May 19

100

1,400

94%

5%

*23%

Highest

t per share

13

May 23
49% May 19
17'% May 19

__2o

Aguirre

Jan

138
.

No par

60

5 Va

*10

Central

Year 1946
Lowest

No par

2,100

:

25
No par

preferred

1,900

112% 112.%

23%

22%

11

8%

9

*112%

5 %

6

,ioo

Tractor

7% 2nd preferred
Celotex
Corp__

4,600

20%

X per share

l

Celanese Corp of Amer
com_JVo
$4.7o 1st preferred—

400

213/4

112%

95

Caterpillar

5,400

105%

143

*138'

1,500

Range for Previous

Range Since January I
Highest

Lowest

Carriers & General
Corp
Case (J.I) Co
Preferred

2,000

144

52%
19%

..

19%

*23 %

*107

*142

STOCK

Par

200

20%

8%
114

*93

105%

6%
33

21%
19

3%

8%

144

YORK

EXCHANGE

Shares

*20i/4

19

*1121/4

*142

X per share

NEW

100

147

Jan

3

39% Mar 12

27

Feb

24%

Sep

36 Va May

6

39 Va

Nov

60%

7

48% Mar
154
Feb

152%

Jan

165

Jun

May

LOW AND HIGH SALE PRICES

Saturday

Monday*'

May 24
.

.

May 26

$ per share

„

,152

.

,

152%

63

63%

*1,150

*1,150
38%

39%

,

*28%

*28%

>;

14'/a

*1T%,

17%

*8%

'

38%

;*,10X%

/

9%

9%

*93/4

9%

*8

9%

26%

253/4

25%

25%

25%

24%
*25

'*30

*62%
*1150

17'%'-'

10%

25

25%
25%

ll

103/4

10%

10%

10%

10%

103%

30%

31

30%

31%

30%

16

37%

37%

107

?

16

15%

-

153/4

15%

81

*77

81

*77

42

42

*41

42

42

37 3/8

38

37%

107%

107

37%
107%

*106

22%

22

373/8

22%

22%

2%.

23/4

2%

2%

2%

1161/4
283/4

116%

116%

1163/4

116%

22

107

43

38%

39%

107

106%

"

2%

2%

23%

23%

2%

116%

117%

1173%

1173%

28%

28 3/s

28%

28%

28%

9%

9%

9%

9%

243%

9%

x9%

9%

24%

24%

31%

31%

5%

534

31%

*30ys

53/a

5%

5%

32

,

5%

25%

24%

25%

106%

*106%

106%

106%

12i/a

123/a

*12

123/b

25

106 3/8

12%

12%

5%

25%

253/8

1063/4

106%
13

31V8

3iy8
5%

25%

25%

*1033/8

133%

14

12%

*12%

*12%

12%

423/a

42%

42.%

423/8

123/4

423/8

423%

43

123/4

13

12%

12%

20

12%

13

18%

19%

13 %

*35

13%

*112%

13%
35

35

\

113,
343/4

13%

13%

112%
34%
.

'
*95i/8 'ldo ,5
37%
37%''-'

13%

.

(

*98

-

* 106

1083/4

*9%'

9% {

t

*44

'•

9%
45

46

'

¥
*44

7%

*

20%,

13%

1,500

343%

112%

13%
*98

*35

353%

112%
34%

13%

35

34%

14

14

36%

*106%

9%

■9%

,10%

45'%

45%

46%

.'X14%

14%

14%

14%

143/4

143%

1434

7%

7

-

40

45%

*43

12%

12.%

12%

12%

xl'2%

12%

*12%

4a

49 %

12%-

50

*47%

50

*48

50

*48

133%

'

14%

13%

13%

52

53

53

*26%

.263/4

26%

26%

*14
52

*13%

104

104

*103

103%

52%.

533/4

27

263%

103%

*188%

190%

188%

188%

*189%

6

X5%

53/4

5%

3%

3%

29%

29%

29%
105

*24%

25%

35%

49%

For

*64

3

:

1

*404
, 105
,*24%
253/4

35%

*47%

103%

643/4

35%

see

24%:

36

4 ,.'*47 W. -749%

footnotes

29

f 104 %
35
:

105

104%

104 5/s

103%

IO33/4

1033%

65

645/a

191

3%,
29%
105

,

24%

.; 3%.

33/a

'24%

35

'7'47%; -47%:,

4?%

33%

36^
.

30

30%

*104

24%.

35%
::.

100
••"t

5%

2,700

'

47%:.

25
36

*46%

105
:

25

t

1

c

'

(

\

1,000

■

%

5,800

Crane

3%%

Co

50

Corp

37%

2,300

Crown

Cork

49%.

500

Wheat
&

XT/preferred

Corp

Seal

47

19

32

% Jan

10

27% Nov

47

Jan

18

12

Jan

9

14

Jan

36% Jan

7

22 Va Feb

7

13

86
50

8%

Feb

20

8

31

4

36%
36 Ve

3

Jan

2

123% Jan

29

27% May 19
8% May 16
23 % May 19

33% Jan

30

Oct

59%

July

32% May
5% Jan

2% Jan

Sep

132

Feb

36%

Jun

2

29% Sep
12% Nov

18%

Sep

8

24 Va

Nov

35% Feb

11

33

Oct

40% May
55% May

7

Feb

7

11% May 21

7

5%

29% Feb .3
108% Mar 26

24% May 23

105%

Oct

10%

24% Oct

36

Sep

Feb
Feb

109%

Jan

20% Feb

13

11

17% Sep

Apr

29

15% Feb

10

13% Nov

23%

40 V4

May 19

54 V2 Jan

2

42% Jan

60

14% Nov

33%

16% Sep
17
Nov

47

Jan

32

Aug

10% May 19

17 % Mar

17

May 19

30

12 J/8

May 19

163/8 Feb

34% May 19
111

% Jan

Jan

25% July
Apr

May
Jan

38% Feb

13

114% Feb

35
May 19
105% May 22

xlll

Deo

115% Mar

101

Jan
Jun

113% Mar

Nov

8%

July

53%

Sep

103%

Apr

22
109 Ve

Sep

33%

44% Feb
8
108% Mar 28

54%

Sep

Nov

May 17

13 V4 Feb

'
May 20
6% May 19

54 y4 Feb

3

46% Nov

63

Jan

12% Feb

8

10

24

Jan

5

33%

Oct

15

Nov

44

35

Apr 14
14% May 19

12% Apr

41% May

7

Feb

19

18% Feb

19

14

18%

Oct

1

Feb

49% May
x23% May

11

13% Nov

30%

Feb

May 16

53

Mar 25

46% Dec

56

Jan

16

Feb

12%

23%

Feb

43

May 24
12% May 17

52

5

Apr

14

55

7

Feb

5

20% Feb

•

13

61

Jan

6

103% May 28
75%, Jan
7
192

Apr

25

5% May 28

-IIIHHll

3

I—.25

7

9

''

i;

Jan

39% May

Deo

109% Aug

58% May
*185%

Apr
Jan

67 Va

25% Oct
101%

75%

Dec

210% Mar I

Deo

7% Nov

4% Jan

4

40 Va Feb

13

31

5

101

14%

Nov

28

Sep

32

Oct

107

Mar

24
Apr 29
31% May 19

Novar

60

27%

Sep

Apr

*

May 14

26 V* May 19
103% Apr 15

I
10O
(The)""" 2

Feb

8% Jan

Oct

52

19

102% Apr 17
64% May 20

1

32% Feb
105% Feb

185

25

50

Oct

Xl2% Nov

7

24% May 19
101% Apr
2

1947l_lO0

———No var

Jun

123

30% Feb

Apr 14
4% May 19

106 Va Apr

Oct

Nov

111

2.

14% Jan

Apr
36% May
Apr
50% Aug

106%

103% Dec
19

Jan

48

Deo

78%. Deo

13

25% Jan

Sep

32 % Nov

Mar 21

47 V* Feb
115% Feb

30

48

„i

I_20

Co_.

100

Corp—

38

Oct

12 y4 May 19

100

preferred
of

0

No par

common

common

Cream

1
5

—HI-

.300

in

'

preferred

Internat

12% Oct
28

9

series—

Inc

Jan

4

106 y2 Apr

5

Preferred

Coty
Coty

Jan

12% Feb

HI "

pfd. 3%% ser of
Products Refining

Corn
.

Jan

39

35%

par

Feb

.41

Sep

13

24

—No par

'

12% Nov

Aug

21

20% May 19.
2 Va May 19
115% May 22

9

Corp

Trust

4

11

10

~~~

Electric

24%

110

Oct

Feb

20

Del

Corning Glass Works

1,700

190

5%
33/a

\

5%

Jan

15%

30

48

Co

Bank

23%

20% Feb

—Hnc'par

Cum.

,

30
29%
*1033/4 .105

1,400

3% %

65 3%

190

V

pref

Exch

90

-

53/a

Conv

Corn

Jun

10%. Oct

13% May 27
97"% May 21

Corp—-IIIIIHu

Steel

63%

32 V* May 19

Fibre

preferred

Cornell-Dublfer

430

page 23.




40

104%

65%

191

5%

prior

610
-

of

Cooper-Bessemer
$3

par

Oct

No par

Insurance

Copperweld

par

,.1-IHNo

Continental Steel

1,100

1033%

103%

65

190

5%

*104

1

Deo

37

20

Motors.
Oil

400

27

*104'

Wo
~_n0

•

5

;

No par
No par

Inc——

Continental
Continental

600

54

26%

103%
64 3/s

29

13%
52%

Can

Continental

80

13

50

52%

preferred

$3.75
preferred—
Continental1 Diamond

700

-

.49

12%

263/8

64%

*103%

/

*46%

26%

*64%

3%

14

46%

52%

104

6

45%

'

*103

*3%

45%

$5.50

4,900

X14%- .14%

i

No par

Baking Co

7,000

40

48

.—No par

$4 50 preferred
Container Corp of
America

Continental

100

73%

393%

Inc

1,900

14%

7'/a
x39%

25
No par

Cigar

2,000

'

143/a

14%

143/a

143/a

No par

Co

preferred

Continental

10,200

10%

7%39%

.

100

46

14%

Edison

par

X99

10

16% Feb

May 19
Apr

60% July

15

Feb

17y4 Feb

,.39% Apr!28
36

No par

series—

Jan

106

Southern—No

—

107

10%
45%

"

39%
;•

270

'79

42% Feb

v2

Apr
,

17% Feb

16

IIlOO

^

Consumers Power Co

3,200

37 y4

9%
7

14%

14%

36%

107

par

Feb

69% May

•

20 V4 Feb

30% May 28
14% May 19

—No par

w

I

2,300

993%

45%

i.

393/4

14%

993%

37%

.36%

*106%

'

112%

100%

NO par

'—No

w

Dec

32% Jan

22% Apr
23" Apr

Apr

61%

200

16%.Mar 27

.

10

;

x2.50

Jan

104

May 20

-

14

*99

8

Consol RR of Cuba
6% pfd-IIHco
Consol Retail Stores
Inc
1

300

36

133/4

343/8
101 y8

106%

9% '

353%

112%

353/4

73/a

*35

113

-100

X per share

Oct

*

May 14
% May 15

Consolidated Grocers
Corp
l 33%
Consol
Laundries Corp
~ Consolidated Natural
Gas—HI~15
Consolidated Vultee. Aircraft

1,900

13%

106%

39

*43

20%

13%

38%

39%

A4
;45,%

20 Va

107%

14%

*39
*14%
•

1

7%

18%

34%

133/4

46%

-

1

7%

35

$5

6,200

13%

9

com

Congoleum-Nairn

3,900

13%

8

130

May 22

56

,

May 17

,

100

No par

11

46

100

Consol Coppermines
Corp
Consol Edison of N Y

13

1834

34%

103

36%

*12%

18%

112%

1123/4

'

*106

13

13%

-

13%

35%

f

1

343/4
i

*12%
*

preferred

Consolidated

2,200

43 Va

12%

13

$6

*65% Jan

Highest

X per share'

18

1155...

16% May 19

2 50

Feb

May 17

;

Conde Nast Pub Inc

800

14

20

x

&

.

preferred

2nd

Commonwealth

1,600

107

May 19
99% Mar 13

12

165

May 28
May 21

preferred

B

Commonwealth,

11,900

26

33

__iq

2,200

106%

—-NO par

$3.60
preferred—
Commercial Solvents

400

5%

5%

62 %

26..

Columbus & Southern Ohio
Elec- 10
Commercial Credit—

600

25%

.42%

.

*131/4

j

DAY

25 %

20

;

CLOSED

MEMORIAL

non-cum

Columbia Pictures
$4.25 cum pfd

43,700
1,500
12,600

25

123/4

42%

1,500

31

31

123/4

:

L

No par

preferred

non-cum. 1st

4%

Class

5,100

EXCHANGE

118%

28%

*9%

STOCK

Corp

conv

Year 1946

Lowest

$ per share

.

May-19

1140
1

NO par

;

Columbia Gas & Elec-,
Columbia Carbon Co„

2,200

460

223%

.l

Columbia Br'd Sys Inc cl A

1,900

-

22%

141

._____No par

Aikman—

cum

4%
'

300

39%

107

23%

t per share

No par
—No par

Colorado & Southern-,
:

28,900
:
..

24%

25

250

1

-

22%

x24%

1

16

9%

29

''

f-

81

*42

24%

31 %

I

■

303%.

93/4

283/4

810

.

400

243/a

29

I

; 11%
'

'"*15 3%
"1*77

16

81/
42

107

22%

*

&

Fuel & Iron

5%

2,100

31%

*77

•A-

26

31%

81

Colo

90

10%

16%

7,700
500

—

Par

-

i

Collins

11.

*25

(The)_

Colgate-Palmolive-Peet
$3.50 preferred.:
Ll

25% ,25%

25%

Co

'

A

300
■1

Range Since January 1
Highest

Lowest

Coca-Cola, International
Corp No par

; 4,300

,,

10%

10%

42%

Class

'

25%

25%

Coca-Cola

100

;

10%

31 y8

*77

t

Range for Previous

STOCK

r.

1,300

10%

93/4

10 Va
*16

M

31;-.

31i/a

*41%

383%

YORK

EXCHANGE

Share t
170

17% "17%"

"T

10

9%

'

!

Y'/13 %'••'" 14%

10%

*'10

9%

•

31

*17%

101%

7

""*101% 183%

14

*10

•

xL"4-'-

-

38:%

,30%

NEW

the Week

'

I per share

63%

*13%

•

9'%

*8

26%

25%

17%

,7 9%
*9%

10%

*25%

141/a

631/2

{38 %
102 -'

102

30

May 30

Sales for

153*/".

__

38

103%

"17%

'9%

*8%

1,150

13%

'

17%

9%

62%

-38%,

30

14%

17%

9

623/4

152%

STOCKS

Friday

X per share

152%

152

*1,150

30

13%

623/4

X per share

151%.

-.*.,371/4

•

*101%, 103%

30

14

150%
'

Thursday
May 29

May 28

X per share

152%

63%

*101%' 103%

Wednesday

May 27

X per share

*150%

63

39

Tuesday

43% Feb

47% Jan

52% Mor 2^

8

30

Jan

9

8

4%

••."47-

>

Oct

7%

Jan

Oct

49%

Jun

110% Aug

35%
-;62

;
,

Jan

Jan
Tfoh

16

\

STOCK

YORK

NEW

Monday, June 2, 1947

FINANCIAL CHRONICLE

THE COMMERCIAL &

(2<X6)

RECORD
'

May 29

May 27

$ per share

share

$ per share

257/e

25 7%

25%

102 %

*102%

103%

102'/a

107%

107 %

*106

103

26

102%

107%- 107 %

25%:

25

80 Va

■"23

108%

108%

*107%

108%

30

251/2

24%

25%

3,200

80

24%
80%

80%

81

82

82 %

1,600

23

23

24

24

22%

22%

190

14%

99%

*95

997/a

*97%

34 %

34
*98

*16%

17

16 Va

16%

*38 Va

42

39%

39%

7%

*16%
*40

45

7%

*115

120

122

*56%

7%

7%

7%

120

4 Va

4 Vt

13%

57

13

41/4

4 Va

140

600

4%

12,400

14%

3,000
:

23

23

5%

100
100
10
100
30
100

Cudb RR

21%

211%

21%

21%

22

*22%

23%

23

23

22%

23%

23%

23%

*24%

26

*92 Va

94%

*92%

94%

*92%

94%

92%

92%

*93

94%

*15

16

*14Va

16

*15

16

18

18

2,100

110%

Feb

110

Sep

150

Apr

22% May 19

37% Feb

13

29

Dec

79'A May 19

96

Jan

29

22

34% Jan

6

May 20

21% Jan

13% May 19
7

98% Feb

Jan

165

Jan

35

Oct

66

Jun

95

Oct

106

Mar

19% Feb
56

Class

pfd

16%

Nov

5

45

Sep

5

10

Nov

Feb

4

103

Oct

146 Va

Feb

Mar

1

60

Apr

16

135
70

6% Feb

4 % May 20

Feb

132

Jan

26

Sep

76%

Oct

12 Va

17%

8

Oct

Feb

34%

Feb

Oct

145

July

25%

Deo

45

May

18

July

128

Apr

23

30% Feb

18

82 % May

5%

8

20% Feb

12% May 21
129

100

24% July

7

Feb

12% Feb

56 % May 20

1

A

Jan

28%

160

6% May 19

1

Jan

7

16 Va May 14

Prior preferred
Curtiss-Wright

Oct

%

46

6

39 % May 17
113 Va Jan

17 Va

2

Feb

115% July

Dec
Oct

Mar 12

101

6

88%
22

54%

Mar

49

Jan

L

Jan

165

31% May 19

165

5

(The)

Apr

40'A

Sep

8

No par
No par
No par

Inc

Press

Highest
9 per share

Oct

Jan

Cunningham Drug Stores Inc—2.50

Cuneo

:

21%

•

No par

steel

Cushman's Sons Inc 7%

140

*130

22%

X22

56%

14

13%
140

*130

of Amer

preferred
6% preferred

$4

Crucible

$7 preferred

4%

25
103

Curtis Pub Co

53%

58

13%

13%

*130

140

*130

57%

4%

4%

13%

140

*130

57

4%

14%

4%
14

125

8

128

30

125

*120

125,

*120

*120

57%

*56%

57%

.

100

33% Jan

29

108% Feb 24

8,300

7%

7%

7%

share

Apr

9 per share

105% May 19

preferred
2nd preferred

Cuban-American Sugar

700

17

45

*39%

7%

16 Va

16%

42

25

9 per share

102% May 20

$4.20

7% preferred
Cudahy Packing Co
4%% preferred

99%

*97%

99%

17

*38%

Year 1946

Lowest

Highest

9
No par
No par

Zellerbach Corp

Crown

1,300

34'A

341/4

9 per

Par

3,500

15
180

*165

180

*165

33%

33 '/a

34

14%

14%

14%

14%
180

*165

*16%
7%

60

24%

180

34

99%

"97

1,700

24 Va

15%

14%
*165

34 %

33%

*102V4

25

*23

15 Va

180

26 Va

103%

26

26%
102%

80

*70%

25

*15

*165

*101%

Lowest

EXCHANGE

Shares

I per share

25

25

25 Va

bO

26

the Week

Range Since January 1

STOCK

NEW YORK

Sales for

May 30

.i

t per share

$ per share

25%

102%

Friday

Thursday

May 28

May 36

May 21
$ per

Wednesday

Tuesday

Monday

Saturday

Range for Previous

STOCKS

LOW AND HIGH SALE PRICES

1

No par

18% May 17

1

Ino

Cutler-Hammer

20% May 16

30% Jan

Sep

29

91

94% Jan

28

91%

Dec

98% Nov

Feb

13

17

Nov

34

16%

Nov

31% May

28

Sep

36 Va

D

18%

181/2

18%

18%

31%

31%

31%

109 %

108 Va

108 Va

19

19

31'A

31%

31%

*108Va

31%

31%

1081/4

311/4

31 %

*108%

700

18%

18%

10

16

*15%

16

*15

600

108 Va

1,800
50

108 Va

*108 Va

1081/4

STOCK

14'A

*13%

13%

EXCHANGE

500

Dana

Corp

pfd 3%% series A
Davega Stores Corp N Y
Davison Chemical Corp (The)

14%

14

14

15%

15V4

15'/4

15%

15%

15%

15%

CLOSED

1,500

Decca

33%

33

33%

33'A

341/4

MEMORIAL

4,400

DAY

600

37%.

35

35

36'/4

35

36%

.35%

36V4

37

36%

36%

36%

6%

6%

6 Va

6%

6V4

6%

6%

1,400

5,100

7

8%

7%

9

101/4

9

8%

8'A

4,800

27%

27%

28V4

25%

26%

27V4

28%

28%

30

3,300

237/a

..

23%

23Va

23%

23V4

23%

23%

23%

23%

23%

3,900

*58

65

64%

65

*55

65

*11%

11%

11%

11%

IIV4

11%

*11V4

11%

11%

11%

600

*19%

19%

20

20V4

2OV4

201/4

2OV4

2OV4

20Va

20%

1,300

17%

17%

17%

17%

17%

17%

17%

17%

600

23%

23%

1,000

*55

64%

*60

*17

23%

22%

22%

*22

22%

22%

23

*36

36%

36%

36%

*36%

37

36%

36%

*43'A

45

44%

23%

10%

110%

Jun

11

16 %

Nov

34%

15

Apr

29

20% Feb

11

17

Nov

22%

Dec

31

May 17

40% Feb

10

31'A

58%

38% Feb

20

33%

Dec
Oct

Jun
July

6

25%

Jan

6%

Sep
Oct

50%

3

16 %

Jan

10% Feb

6% May 19

14% Mar 24

Escrow

ctfs

for

com

100

Escrow

ctfs

for

pfd__

100

45

*44

45

44

44

300

20

20

20

20%

20%

700

23

Jan

Steel

&

Devoe

16%

Dec

19%

Dec

2

15%

Oct

24

Aug

3

23%

Sep

39% May

50% Apr
50
Aug

31% Feb

35% Apr

15

47

Jan

17

34%

Oct

29

43 % Jan

2

50

Jan

25

42

Sep

Jan

2

24% Feb

13

16%

Oct

14%

NOV

30

July

28%

Nov

52

Apr

preferred

18

2

50%

50%

27

27%

27%

28

28

28

31%

32

32

32%

3,000

Doehler-Jarvis

18%

5,400

Dome Mines Ltd

No par

16% May 14

51%

7,500

Douglas Aircraft

155%

800

No par
common__No par

150% May 19

111% Apr 29

30%

31%

18%

19 %

16'Va

18%

47%

45%

46%

47

32

31%

18%
48

52

50%

18%

46

L2

156 %

156%

15

18%

50%

49%

94%

156

155

156%

14%

14%

*92 Va

94%

*91 Va

93

94%

12%

27

*26

176

176

126%

126%

*11%

13

*11%

*26

26%

173

126 3A

126%

*126%

103%

103%

27 -r-

300

3,100

127

127

127

103%

103%

103%

114
15

15

15%

103 %

500

1,300

v
.

,

.

Preferred

157/a

30

16

1,700

May 24

May 26

S per share

$ per share

< per share

Thursday

Friday

Sales for

May 28

May 27

48

Sep

37% May

Feb

11

16%

Dec

76

Jan

7

63%

Nov

108% Mar

2

143%

Feb

192

Jun

118

Jun

14

111%

Dec

15%

Oct

91 Va May 29

19

91

Oct

10% May 19

19

Feb

10

15

Oct
Nov

25% Apr

124% Jan

194% Feb

No par

128

103% May 28

1st pfd

Jan

113

iuO

13
14

May 29

May 30

tho Week

0

25

161

Oct

227

Jun

124

Dec

133

July

5

19 Vb Mar

132%

Oct

3

115% Feb

9 per

Par

Shares

1 per share

8 per share

9 per share

Lowest

EXCHANGE

13%

Sep

116%

Feu

21

May

Range for Previous
Year 1946

Highest

Lowest

Highest

share

58% May

—'

Range Since January 1

STOCK

NEW YORK

Jan

Apr
41% May

5

Apr

103% May 29

14% May 20

9

33%
116

10

Feb

34

15

May 27

173

20

Feb

29%

21

30

No par

Mar

181% Jan

STOCKS

Wednesday

Tuesday

Nov

98 % Feb

Cigar Corp

LOW AND HIGH SALE PRICES

Monday

Saturday

Sep

25%
x23%

22 % Jan

Co

series

$3.50

Duquesne Light 5%
DWG

&

Jun

48%

13

114% Feb

No par
(EI)

62%

8

10

May 16

14

Jan

34%

Feb

34

1

series

$4.50

,

54% Apr

45% May 27

50o

Nemours

2

24

37% Feb

7

28% May 19

No par

International

de

P

May 22

Feb

100

series A

Duplan Corp
Du

49

25% Apr

5

_

preferred

conv

Preferred

114

*113

114

*113

15

15%

15

33A%

18 % Jan

35%

May 19

Industries

Dunhill

^

Co

preferred

$4

Dresser

100

177

Corp

Chemical

Dow

100

103%

*113

114

*113

A

12%

*25%

common

25

No par

Co

Pepper Co

91%

177«%V
126% 126%

175%

103%

100

5,300

Class

Dr.

11% May 19

2
No par
No par

Cup

12%

177%, '

177

-<

Ltd

Distil Corp-Seagrams
Dixie

91%
.

2 7%, ft

*25%

26

26

176 Va

176 %

-

16

15%

13

*12

13

30
800

113

*112

16

*92 Va

14%

112%

14%

...

155%

156%

112%

*112%

15

15

114

156Va

115

115

*112%

300

53

A 8%

'

115

14,000

■

—

24

*50

28

12%

26%

—

Feb
Jan

50 Va

12%

26%

—

21
22

12

12%

5

3

*26

27

77

20% May 14

Motor Car Co

T

Apr
Feb

28

Oct

No par

Match

partic

—

—

Oct

60

May 19

17

12.50

Raynolds class A

Diamond

1

23

12% May

10% May 19
17% Jan

B

Co

Diamond
6%

1

Co

...

_

13

Jan

60

13

1

Stove

Corp

^

27% Max 25

May 17

60

Detroit-Michigan

:

38% Mar 22

25% May 19

20

Detroit Edison

12%

28

*92'/a

45 % Mar

5% May 19

26%

*50

*14%

32% May 19

42

Apr

RR

12

28

*112%

& Western

Grande West

*26

52

*155

100
50

& Hudson

Rio

9

26 Va

*27%
18%

34% Jan

Lack

De Vilbiss

Jan

13

23% Feb

50c

Delaware

Detroit

July

113

113%, Jan

May 22

Inc

Delaware

&

May

14

12%

*50

47%

700

37%

37

45

*19

44%

*26

14%

108% May 19

12 %

12%
26 %

113%

100
50c

*18%

10%

12%

*11%

6

20%

26 %

*31'A

3

35'A Jan

Detroit Hillsdale 4 8WRR Co__10O

*60

*17'/a

Records

Denver

9

9%

9%

36

*35

3o%

3o5/e

6%

321/4

33Va

*35

37%

6%

27%

21% May

Preferred

36%

*35%

16

Deere & Co

33

10

No par

141/2
15V4

33%

33%

20

x30 % May 13

Dayton Rubber Co

14

15%

15%

25

16% Jan

B
1

preferred

4%%

Apr

14% May 20

(The)__7

Dayton Power & Light Co.

14%

*14

100

Cum

9 per

9 per share

share

9 per share

E
'

la %

20 Ve

1j%

,

20%

20%

19%

19%

20%

19%

20 3A

20%

20 Va

20

20%

23%

23%

22%

23%

.

.

Eastern

Stainless

26 Va

26

45%

45%
184

44

;

19%

20

*101%

43%

20 3/8

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103

*101%

102%

17

16%

17

16%

110

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110

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51%

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5%

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5%

50 Va

51%

50 Va

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2%

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17

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451/2

80

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:

17%
110

53/8

STOCK
EXCHANGE

3,800

1,160

53%

MEMORIAL

2,300

105/s

11

11%

DAY

1,300

333A

333/4

333A

52

15

13

52%

•

3

2%

2%

13%

13

13%

300

2%

1,000

14

10,300

1,100

*153

155

153%

154

153

153

153

154

*152

156

*137

141

137

137

*134

138

*135

138

*136

138

100

*49

50

49

49 Va

49

49

493/8

50

-800

18%

*18 %

18 3/4

183/8

18%

18%

18%

183/s

47%

46%

47

463/4

47

49%

49%
18%
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10%

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14

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10

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103/4

14

*133/4

14%

15%

30

15

15

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15

30

30

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30%

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103

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26%

26%

26%

102

103

*101%

102 %

102%

27

26%

102

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48

47'A

10%

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14%

30

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102

15

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30%

102%

15

30%

30%

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103

*102 %

27

28%

283/4

27

102

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102

10 3/8
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300

49

2,000

103A

1,000

15
15

700

30%

600
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29%

20

19,300

102

400

104

103

103 %

104

103%

104

103 %

103%

300

103 %

103%

103%

104

103%

104

103%

1033A

320

3

3

3

9%

103

102

103

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83/4

9%

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50

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78

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9

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21

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15

15%

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14

35%

35

35

35

35%
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7%

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El

Power

Emerson Electric
Radio

&

3'/a

1,800

8,000

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493/8

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9

9

1,000

77

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9

78

9

RR

5%
Erie

1,300

Pitts

RR

20%

21

14%

14%

15%

4,800

21%

900

Nov

16%

13

50 Va

Oct

5

12%

Dec

80% Feb
35% Apr

10

34%

Oct

14

3%

Dec

8

13%

Oct

29% May

65% Feb

27%
114

'

16% Feb
39% Jan

3% Jan
19% Feb

-

Dec

Feb
Jan

48% Jan
7%

Jan

152

May 20

170

Feb

24

138

Sep

180% May

May 26

156 Va Feb

24

128

Sep

167

51% Apr

10

40

Oct

July
56% Jun

15

3

24% Mar 19

Feb

4

44%

Sep

61% Jun

15% Feb

21

11%

Nov

30 Va

21% Feb

6

17 Ve

Dec

43% Mar

19% Jan

8

17

Nov

21%

104

Sep

55

46% May 20
9% May 19
13% May 16

10

Xl4% May 27
27% May 17

38

2

7

107

25

102

May

Apr

Mar 24

111

Feb
Oct
Jan

24'A May 19

33 Va Feb

18

Oct

41%

101% May 21

105% Jan

11

100%

Sep

106 Va

102 Va May 23

110

Jan

2

102:

Sep

110

102% May 22

No par
No par
No par

110% Jan

2

104 Va

Dec

111% Mar

21

Jun

5%

Jan

Oct

23 Va

Jan

Oct

93

Jnn

90

Oct

95

10

Oct

22%

Jan

3

100

Feb

3

48

Mar 25

85

Mar 25

85

50

2

Jan

2%

5

12% Feb
67

2% Jan

Apr
Mar

9%

4 Vb May

8% May 14
47% May 19

Jan

7% May 17

13% Feb

8

May 19

24% Feb

7

15%

Oct

33%

Apr

12% May 17

25% Jan

7

21%

Nov

58%

Apr

19

42% Jan

9

34%

Oct

63% Jan

Oct

11%

5

18

5

Co

Products

Evans

6%

4
9

Eversharp Inc

35

14%

21

14%

207/s

18

May 151

Williams Corp

Eureka

8% Feb

18

Co

Oct

Aug

Nov

Jan

pref series A
&

40% May
112

Oct

No par

Bldg

common

1
3
2.50

32 Va May

35%

35%

Ex-Cell-O

Corp

7%

x7%

7%

73A

35%
73/4

1,300

7%

400

Exchange

Buffet

46 %

7Va

?

"

Deo

137

100

$6

Aug
;<7L>f: Feb

209
'

Oct

17%

3

$5 %

Nov

106%

47

i

■

23%
101-". •

4

109

11% May 19

Engineers Public Service com
1
$5
preferred
No par

9%

39

7

15

50 Va May 17

par,
par

Empire District Elec Co
Johnson Corp

9

190

11

17

pat

Mfg Co
Phonograph

preferred

27

Feb

25% Feb

57

4% May 19

par

Endicott

4%

196% Feb

2% May 17

Gas

Natural

Paso

-Jun

Feb

10 Va May 19

Light

&

3%

495/8

61

27% Feb

33% May 29

No
$7 preferred
No
$6 preferred
No
Electric
Storage Battery—_No
Elgin National Watch Co
Electric

9%

49%

31% May

Jan

111% Feb

shares

Ind Am

Elec & Mus

3%

*73

Nov

May 15

3

preferred

Conv

83/4

78

Sep

16%
30%

16% May 27
108

No par

Electric Boat common

3

49

21

Electric

Nut

May 17"

101% May 26

9

100
1
9

Co—
Auto-Lite (The)

Stop

19

100

preferred

Elastic

May 24

42% May 17

1

preferred

4%%

184
t'

Jan

46% May 16

•

Ekco Products Co_

83/4

49

493/4

78

Manufacturing Co
Edison Bros Stores Inc com

51

May 19

42% May 17

100
4

preferred

cum

preferred
preferred
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*70

50
*70

6%

3%

*3

30% May

19

5
30

21

26% May

18

Corp—5

Eaton

Emerson

103

24% Feb

17'A May 19

1

Steel

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4%%

CLOSED

Co

New

»,

10%

51%

.

3

12%

133/8

13

13%

13%

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17,700

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,

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-

19% Jan

10

Eastern Airlines Inc

3,000

>.

.

Eagle-Picher

9,400

21%

19%

20%

19%

20%

2,400

Eastman

20 %

46%

46 %

48%

48%

483A

1,100

Fairbanks

Morse

30

47%

Nov

27%

27%

1,000

Fajardo Sug Co of Pr Rico

16

31% Feb

1

36% Feb

27%

Sep

27
55/8

27%

21 Va

26%

53A

3,500

Farnsworth Televls'n & Rad Corp-1

4% May 19

9% Feb

Deo

—15
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20% Apr 19
102% Mar 19

7
3

7%

53A

5%

'19% JJan

53/4

,

35

Corp

7

May 12

44

May. 19

9'A Mar

8

7

Jun

F
;47

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48%

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3,100

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15

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page




,

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106 Va

53%

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53%

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$4

2,100
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8,300

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Carpet Co
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(The)

preferred-

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Stove

Li
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Power ,Corp

; Food

Steel

Corp
Fair'StbM&Jne*

24% Jan
Jan 29

108

-

26%

Sep

•112%

Feb

Oct

54% Feb

Mar

6

26

Feb

45

55

10%

6

21

Nov

107% Jan

27

104

Sep

_26% Feb

Dec

213/i; Jun

Oct

25% Feb

6

10

14% Feb

8

4

20% May 17

26'A Jan

46% May 27
43'A May 28

59% Feb 28
61
Feb 21
107%Jan
3
60
Jan
6
21% Jan 29
37% Jan
2
110% Feb 25
4l%Jan' 8'
1-7% Jan
6
' " 23
Feb :-,7

105% Jan

10

51% May 20

14% May 27
24
May 19

par
par

par

105

par

-30

May 21

May 19

14% May 19

7%

18"'"May 29
r

Jan

'

35

10

———10.

Sep

May

7

<20 Va May 17

100
No par

No
No
No
No

20

100%

88

42% Mar

18

9% May 19

'19
Apr
104'A Feb

Florsheim Shoe class A—_™No par
Follansbee

Jan

25

:

& Rubber

National

Florence
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Firestone

60

1

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4 Va %

1063A

54%.

A*
100
5

May 16

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5
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preferred
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% %

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46 3A

15

4

25 Va Jan

20

Co

Motor Truck

Federal

Ferro

463A

53%

300

Smelt

&

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Federal-Mogul Corp

300

47%

*1053/4

240

105%
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Federated Dept

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47

56

800

preferred

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21%

%

15%

600

3,000

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& Co

Light & Traction

Federal

^

45%

«

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105%

47

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200

38

10%
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1043/4

21

300
120

38

38

47%

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10

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105

103

21

10 Va

20%

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22%
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,

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38

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104...

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48

23——, —.
•-May* 1T~—-t9%*Feb= T3

MVt Jan. 13.

«-

'9-

34%: Aug
•
Feb

108

19%

Sep

49

Oct

70

Feb

51

Nov

83%

Apr

Deo

109 Va

105%
52

Nov

16

Nov

25%

Oct

;

34% ;Mar

Jan
70% May
28% July

46%

Sep

115

<33%

Oct

57

16%

Sep

105

Jun

fJan
Apr

T2%r Oct

20%

Jun

29

Jun

21%

2(

Feb

23% May

Volume 165

Number 4599

THE COMMERCIAL & FINANCIAL CHRONICLE

(2937)

NEW

YORK

STOCK

LOW AND HIGH SALE PRICES

Saturday
May 24

72

,

72.

.

72

fr

.

>24%

14%>

.C

6%

T

97

*11%
6%

•

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74

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156

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178

10,000

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155

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240

DAY

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156%

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34%

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39

39%

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113/4

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45

44%

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1,200

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128

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23/4

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20%

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21%

137

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128

14%

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18

18 3/4

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13

13'4

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137

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$3.75

3,900

PrecislcAi Equip Corp

900

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Public

Gen

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4

4%

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4%

22

4,200

Gen

21%

2234

22

22%

27%

26

26%

3,100

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Refractories

27

27

27%

28

103'4

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102 %

1,500

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104

31

102%

31

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22

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106

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313/a

313/a

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1,400

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2P4

21%

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103%

1,100

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104

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93%

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104

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93%

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19

19%

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36%

37

36%

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534

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110

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38

383%

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109

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23%

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23

231/4

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51

50%

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51

51

103

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104

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103 %

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15%

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60

60

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16%

6%

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400

Granby Consol M S ft P

31%

31%

300

Grand

14%

14%

14%

1,000

Granite

26%

2,200

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23

146%

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58%

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17

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17

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28%

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600

28%

29%

101 %

101 %

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293/8

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101%

101 %

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17

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18

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7%

8%

8%

9%

7,600

8%

8%

8%

10,400

36%

38

38%

38 '4

400

62'4

631/4

$5

63%

63%

9,100

OuM

Monday

May 24

Tuesday

May 26

I per share

$ per share

Thursday

Friday
May 30

Ike Week

# per share

f per share

I per share

NEW

34%

34

34

15

15

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15

34%

34%

15

34%

15

300

15

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15

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15%

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27

27

*26%
*24

25%

>

1,25

223/a

6,100
1,700

%

600
10

24

38 %>

*107%

200

107 Va

23

14%

14%

*14

17%

17%

17%

17

443/a

43%

43%

143/B

13%

14 %

47%

*46%

48 %

30%

30%

99

97%

i.

99

223/4

22%

30

,

d
;

*46%

57
' 163

16%

31

21%

Nov

8

2%

Oct

6

14 %

Oct

23% May

8

24%

Nov

48

140

7%

Jan

May

101

Oct

35% Jan

2

32

Nov

49 Va May

30

Feb

1

24%

Oct

46%

28

106

Apr

15

40% Feb

11

32%

22

102%

May 27
2

108

Jan

98

Feb

32

105% Jan
30

Mar

71% Feb

25

1

1
1

May 10
May 2

9

106

Oct

56 %

Jan

Dec

58

May

5%

8%

Jan

151%

Jan

NOV

7

116

NOV

15

27

NOV

47% May

11

59%

25

100%

Sep

107

50%

Nov

77

88 Va

Nov

Apr
Mar

Apr

-

113%

105%

Sep

Jan

10

19%

Nov

43

Feb

5% Feb

5

5%

Oct

16

Jan

12 Va

Jan

8% Mar 27
41

Jan

167/sMar

25% May 28
102

Apr

Oct

53

21

24

May 19
Jan

Apr

May

36%

.

108% Mar 28

4

Sep

42%
108

Jan

104

13% May 13

6

104 Va

Jan

61% Feb

5

3

Oct
Deo

6

123% Apr

May 21
Mar

Feb
Feb

Jan

100

24

33

118

22%

2

57% Jan
7

Jun

Sep

.

Feb

60

102%

6

49% Jan

106

100

Jan

May 19

49% May 19

33
107

Jan
Mar

5 Vs

Oct

Jan

2

30 % Mar

54 '/a May

6

12%

27%

Feb

40 Va

Jun

Oct

10

28

Nov

5

101

Nov

Feb

112

14% Feb

10

12%

Dec

28!:''

37% Feb

18

33%

Dec

Apr 18".
34% May 21;.
22% May 29 .'

14% Jan

6

13%

Dec

21

Feb

-49% Feb

-3

40%

Oct

64

Jun

22%

Nov

34%

Jan

31

Mar

13

•

96

111

7

51% May 6
5V8 May 21

par

No par
No par

Feb

103

5

20

Apr

Oct

Nov

105

Mar 31

Mar 31

23 Va May 19
103% May 22
17 Va May 19
97% May 22
34

Apr

14

Jan

94

150

Oct

137

142% May 22

1

,

13%
w

Dec

35

Dec

,

1

27% Mar

163% Jan

5

Oct

May 12

70

Feb

5

55

Oct

79

Feb

May 20

75% Jan

7

61% Nov

105

May

21% Mar

5

20%

Dec

16% May 21
27
Apr 14
101% May 21

27

188 Va

158

59
55 %

38% Jan

6

105% Feb

27

May 27

27% Feb

3

4% May 14

8% Jan

10
2

17

20%

Apr

Dec

30%

Feb

102%

Oct

23%

Dec

52%

Apr

6 Vt

:

Oct

13%

Jan

54% May
111

Apr

78

May 17

89 % Jan

No par

6Vs May 19
57/a May 19
31% May 21

14% Feb

3

9%

Sep

30%

Jan

14% Feb

1

12%

Dec

13%

Dec

48% Feb

7

31%

Oct

78%

57% Apr

63% Feb

8

56%

Sep

78

14

80

Nov

108

Jan

Jan

May

Range for Previous
Range Since Jannary 1
Highest

Year 1946

Lowest

54%

22%

125
23

55%
75

124%
....

27

*2134

I per share

J)

Lowest

I per share

Highest

$ per share

(G

$ per share

44

14%
30
98

.

44%

143/s

.

47%

4,600

14%

47%

c

30%. -80%*98

99%
iff

•.

2,900
300

■

Vt-i

1,500
260

ft

S%*

13

112

Feb

4

108

Jan

24%

105%

Jfkn-^TU9% Apr

Jan

30

20%

Sep

Jan

27

124

May 21
Apr

29

21

119

Apr

34% May
170

151%

Nov

39 % Jan

33

Nov

60 % May

10% Feb

8

Oct

16%

100% Apr

99

Sep

106%

Jan

Feb

8

Nov

20%

Apr

5%

Nov

15%

Jan

160

12

8% Feb

29%

35% Jan

28%

30% Jan

101

103% Mar 11

29

74

Jan

30

13

51 Va May 19
131% Jan 10

Aug

Oct

42 % Feb

—

24
26 Va

103

107% Apr

41%
103

Oct

61

22

169%

105 %

17%

Feb

5

90

Nov

63

134

46%

Mar 21

82

Apr

132

Jan

130

76 '•

1

30

29 % Jan

123

22

4

Dec

Dec

'

Jan

192'

Dec

8

May

44

Dec

29

Dec

51

109% Mar

Dec

Jan

68

Jan

36

Oct
Nov

Nov

Jan
22%'Feb

165

Aug

Aug

38%: Jan
72%

Sep

Apr

Jan

139

Apr

Sep

106

May

Nov

146%

Jan

39 % May

Oct

Apr 15
26% May 28

32

Feb

10

22% Apr

The

29

Jan

29

21%

Sep

41 Va

Apr
J

17

26

x%3

Nov

(Del)

21% May 20

31% Jan

2

22%

Oct

37%

(A)

14.% May 28

19

Feb

3

18

Dec

17

25

Jan

25

22

Sep

May

40

Sons

Finance

preferred

Jan

Oct

May 16

Holly Sugar Corp
Homestake
Mining
Houdaille-Hershey com—
$2.25
preferred
Household

May 21

14% May 17

1,500

44%

4% May 19
25 Va May 16

Oct

17%

40 Va May

Nov

15

Mar 31

Inc———

Furnace

May 19

54
Apr
7
154% Apr 24

23%

48 %

6

35

4

22

35

preferred-

(C E)

27

11

Jan

106

5* preferred
Hershey Chocolate
$4 conv preferred
Hewitt-Robins

Jan

28% May 19
6% May 19
97% May 28

22

W)

23

13%

160

Apr 17

Jan

19 % Feb
19

25

preferred

non-cum

Hollander

19 %

39

100

;

Co

cum

May 27
Apr 15

104

100

Hlnde ft Dauch Paper Co—

*47 >4
30

25

Hires

2,000

98

(H

Holland

98

100

preferred

Co

Apr 16
14% May 19
14% May 27

15

3%*

100

footnotes see
page1,23,




300

17%

;

2

Hazel-Atlas Glass Co

3.65*

1

33

j.

Hecht Co

Heinz

10

100

600

17%

30

preferred

28

800

98%

4% *

Hayes Industries lui>
Hayes Mfg Corp

24%
15%

30

100

24%
*14%

44%

preferred

Hart, Schaffner ft Marx
Hat Corp of Amer class A

2234

14%

14

No par

25%

17%

97%

rrrr

~50

14%

44%

Refrac

Harbison-Walk

Powder—

17%

48% /:

pfd_No par

Hercules

17

.

Co $4.25

Motors—

'

,22%

*26%

(M A)

Helms

3,500

124%

No par
100

preferred

Hercules

10
■

5

Co

800

133

*72%

..

>

7*

*131%
\

Hanna

23

Printing Co

300

17%:

16.

13%
,

*21

*24

.

57

*157

54%
,75

26%

'

,

-

133

*124

22%,,

\
-.

*72%

28

25%

125

57

163
16%

*131%

75

125

57
■16%

r

40

100%

t

*36

107%

300

200

26%

*24

*100

DAY

5%

*253/4

24%

*157

132 V2

*72%

j.

125

*24

21 Va

43

No par
25

Watch

conv

6*

CLOSED

MEMORIAL

7%

5%

100%

*36

53%

*1313/8

c

30%

For

97%

107%

163

15%

54

,47%

*97%

6 3/4

7

1,000

EXCHANGE

6%

23

60

•>157

16%

301/s

.i

*55%

163

22%

43%

163

*29%

*100

%

*107%. 107 %

,

15%

*14

*156

STOCK

6%

2534

23

36

21

<;•
f

Jan

8

31% Feb

May 19

X102

No par

Water

(WF)

4*

10

30%

7

100%

*35%

21

163

5%

.

2534

23

•

21%

30

107

97%

5%

*100

37

100

*105%

*6%

7%

25 y4

*98

107

*2934

98

5

100%

*156

7

*63/4

26

20%

30%

*97%

5%

*105%

163

*2934

7

98

■

20%

*156

53/s
26

.100

20 y»

163

73'8

•

5%

j

20%

*6%

98

25%

:>36

105%

*97%

6%

*97%

j

20%

Jan

YORK STOCK

Hackensack

15%

105%

40 Va

Feb

4% Feb

16% Jan

H

34%

107

26

May 19

par

Par

*15

,20%

Apr

No par

Shares

*1434

*105%

29

EXCHANGE

*33%

*33%

Nov-

par

100

preferred
Oil Corp

Salei for

May 29

May 28

$ per share

Dec

STOCKS

Wednesday'

May 27

Feb

103

May 14

No par

Common when issued

62

61%

Feb

132

May 17

100

Gulf Mobile ft Ohio RR

7%

37

LOW AND HIGH SALE
PRICES

Saturday

Ry 6% pfd

73/e

7'/8
*35

80%

Oct

NOV

15

103

5

preferred—

conv

47%

Dec

12 % May 19

Co

7%

11

124%

31 % May 14

Grumman Aircraft Corp
Guantanamo Sugar common

600

65% Feb

101%

No par

Greyhound Corp (The)
4Mi* preferred

80

Jan

,

Mar 25

22

Greenfield Tap ft Die Corp_No par

3,400

Jan

123

129

—No par

Bay ft West RR—
(H L) Co Inc

Green

410

19

5%

80

60

2,200

135 Va

Sep

105% Mar 31

105

Great Western Sugar
Preferred
:

*142

59

Deo

114

1

100

Great Northern

58 %

126

6

July

preferred
100
Grayson-Roblnson Stores Inc
1
$2.25 cum. conv, pfd.__
No par
Great Nor Iron Ore Prop—No par

100

3

19% Apr
103% Jan

3%

50C

25

Feb

132

5,700

13% d

131 Va Feb
*122

29

No par

2,100

39.%'

13%

Jun

124% Jan

No par

5

Co

Steel

(W T)

42

Feb

1,700

-93/4

33%.,

37

..

105

145%

59

16%

7%

35%

26

105

13%

*31%

13 %r

*57

101%

7%

33%

145%

59%

18%

*77

25%

95/B

101%

7%

253/4

105

*9%

7

Jun

1

32

*104V4

"54% "Aug

Jan

6

No
No

Motors

City

Feb

3

47

No par

Union

56 Va

19% Jan

No

Graham-Paige

Feb

oct

Jan

No par

com

1334

10

51

Apr

39%

:

52

2

10

32

101%

79%

6%

9

16% Mar

Apr

Dec

29

Co

Gotham Hosiery

10,100

45% Jan

40%
182

33%

3

May 28
May 19
May 19

Oct
Oct

23

1

13 %

28%

♦77

500

3%

39% Feb

47% Aug

Sep

27%
156

36% Jan

50

26%

28%

6

15%

3%

7

May 19

May 27
101 % Apr 19
30 % May 19

No par

33%

28%

6

*14%

3%

8

26

No par

Goodyear Tire ft Rubber
$5 convertible preferred

100

Feb
Jan

Jun

5

(The)

13%

60

60

*18

10734

*35%

33

11%

Co

25%

145

17

*163/a

*10634

13

47% Feb

Apr

26 Va

5

F)

Aug

Oct

conv

(B

Apr

90 %

Oct

20

preferred

$5

16%

Deo

4%

100

14

105

9%

j.36 %, ^36%

3%

200

6,100

Sep

74%

20%

100

Goodrich Co

6,500

44%

28 Va

8%

2

160

21

2% May 16
12% May 19

100

Gold ft Stock Telegraph
Goodall-Sanford
Inc

900

Nov

11

8

Corp

26%

33%

26

£*"•13 %t., 13%

44

1071/4

*6

*31%

44%
15

1434

6

*13%

105

>

15

3%

*31

10%

*31

15

*106%

3%

14

*10

43%

6

26%

*1033/4

103

4334

35/s

32

26%

103 %

108

3%

6%

*13%

43

*106%

23%

9

14% Feb

8

preferred
Goebel Brewing Co

1,100

18% Jan

78% Jan

May 19
Apr 28

May 16

Apr

26

preferred

4%%

13

200

Feb

Brothers

Glldden

2,700

5%

Dec

17

Safety
Razor——_No par
preferred
No par

$4.50

*170

13% May 20

conv

Glmbel

6,200

100

,38%

5%

$5

300

175% May 26

6% Feb
26% Feb

preferred

Gillette

'5,700

5

3% May 17

preferred

26

104%

19%

100

4% %

Mar

Dec

18% May 19

General Tire ft Rubber Co

2,200

Apr

19

preferred

93%

OC

preferred

Telephone

4% %

104

*103%
•

Gen Steel Cast $6

20

23

*101

37%

5%

112

.

*103

22

54%

*52

5%

25

10334
104

*90

104%

19%

*97

Corp

21

IO334

14%

10c

31%

106

Sep

109

No par
1

21%

*10334

Apr

10%

133

Utilities

31

104%

25

&

21%

21%

25

*19%

102%

Realty

31

31

106

*102

„

102%

43%

21% July

Deo

17

100

21%

43/8

13%

-May

141% May

13% Feb

No par

27

4%

Jan

May 17

51% Jan

5

Gen Railway Signal
8%
preferred

20%

4

78

71%

125% May

loo

Corp

27%

4

17
May
67% May
24

Sep

X101% Jan

No par

Service

14,300

21

*102%

.

10

No par

C

Adv

20%

>4

Dee

Dee

112 V8

No par
common—No par

4

*27

Deo

Nov

48

43

Outdoor

400

7%

15

104

11

series

4%

,-

1

Gm

137

Jan

9

126% Mar 14

2%
22

Jan

38
:

13

39

1,700

en

Apr

t

26

29%

Sep

81

32

preferred

13%

13%

23%

Preferred

1,400

14%

*2134

137

300

105 s/8

4

109

37% May 16
24 Va
May 17

preferred
conv

21

Jan

151 % Feb

General Motors Corp
$5
preferred

23,900

128%

105%

5%

!%%

56%

128

1053/4

2%

13

20 34

55%

15% May
11% Jan

Sep

58% Jan

8

General Foods Corp
General Instrument Corp
General Mills common

300

July

17

8

15% Feb

JUn
*

14% Nov

<

18% Feb 24
110
Feb 24

11% May 17

preferred
Inc

preferred.
General Electric

8,900

3

18%

19% Feb 28
9% Feb

27% May
112

Oct

7
•

*

48

Sep

10% Sep

2

43% Feb

Nov

28% Nov
89

JttU

Mar 12

71

7*

19,700

Jun

Apr'

Apr 17

168

2nd

Cigar

61

'

10

Bronze

conv

Jan

7

Jan

*17% Feb

May 21

Feb

35%

16
'

17

8% Feb

2b

48

preferred

300

17% Feb

49%

Sep

105

Corp..
General Cable Corp
i% 1st preferred

8,900'
.

2

21

10"% May 19

Baking

General

MEMORIAL

34

14

17%

$8

700

EXCHANGE

73%
39

85

50

General

18

Jan

.

$4.50
preferred
Gen Amer Transportation

34%

54%

preferred

1,100
10

*152%

155

©onv

May 29

5
May 17
30% May 17
14 % May 21

50

1.66%

Corp

2,300

,

STOCK

9%

39

—1

preferred

Container

Gen Amer Investors..

-

12 Va

73%

38%

Industries Inn

conv

Jan

39

Nov

100

20% 8ep
45% Sep

lo

22

12% May 24
14% May 17

No par

Co,

5,200

178

9%

73%

38

(The),.

19%
'

Sep

25 Va

103 Va Mar 10

5% May 17
19% Mar 11

Highest
t per share

71

5

50% Feb

May 28

10

common.

(Robert)

Co

Gar Wood

4Vs%
Gaylord

3,000

12%

12%

*73

Ine

prv_erred

B%%

109-

*175%

Co

8%

100

*104

J-

100

34%

*86

12%

.

6'4

•

,

15%

100

.

95

100

25% Jan

Lowest
• per share

84% Jan
7
29% Feb 13
26% Jan 15

19% May 17
237% May 23
12% May 20

'

3334

53%

(Thej

13%

.

33%

*105

;

54%

Co

16

*175%

26

Co

preferred-

*12%

*104

156

127%

Trailer

cum

6,200

20%

43%

127 Va

.'-4ft

4,000

63/8

20 Va

11%

44

24% May 19

v

•15%

6%
-

•

39%

v

common——1

Fruehauf

: 450

3234

10534

*130

!

5%

11%

73

*127%

*130

<

13%

*86

38%

*25%

12

*2%

:>■

5%

1234

*151%

14 %

3

-U
>"* V,.*f
T > '• - i

.36% May 19
14 % Apr 19

-16%

15%

11%

8%
73

*38

156

600

-<•

10 %

9%
38%

1,400

16%

*32

15%

109

*12%

.74

100

*12%
-

•

*175'4. 178
-

•

493/4

127 %

13%

10

1,200

..

I per share

69% May 17

Corp
Foster-Wheeler Corp

Year 1946

Highest

.—10
,—-10
6% prior preferred
-25
Francisco Sugar Co___.—.—No par
Freeport Sulphur Co
10
Froedert Grain ft Malting Oo Ino-1
Machinery

6%

*10

105 %

22%
137

10%

96% f

--

x4834

13%

*2 3/4

96-

10 %

127%

13%

4%

48%

105%

*21

96' -M

I
•

25% " >—25Ys* 26%'*

:

.

Food

3,300

Range for Previous

Range Since January 1
Leweit

t per share

Par

>.>>•:

15

10%

14%

17%

*14%

.

'

'

.>•:
A-

48%

127%

18

39'/4

103/8

105%

18

39%

'

,

-V-

.

\

»

Shares

14%-<v>

48%

105%
*14

•

-

..

-

25%.'

48

*127%

'

21%

10%

10%
13

.«

-14 %

V-.

---

:

STOCK

YORK

EXCHANGE

*

20%

5%

100

11%

V

STOCKS

NEW

.

6%

.

33

15%

.

tper share

I

*19%

.

16-.

5%:

15%
100

39%

44

112

543/B

.

15

10%

13 '4

39%

128

*106

*12%.

33%

*11%

11%

'

-14'/8
39 v

>14%
95

21%'

25%«-..r-*24%-

25%

.

16.

21%

%

25%

6'4

33

»

12

*127

10 yB

t per share '

72%'* ^%-73%--73%

'

21-

: 38%

V

'

the Week

95%.

•

95%

5%.,'.

May. 30

*24%

20 %

I

May 29

••' 14

v-

>
..

6%

8%

■.

*38%

\'25r;>

15 «'

*19%

175%, 175%

12%

*72

,

■

Sales for

72%
'

V

39%

13

,

53/s

.

20%,;

44%:.

*14%'

6%

16

5%

„

c:

f-

12'/4

13

♦15%.-16%

1

Friday

*

i per-share
:

20 Vs.

:

*19%

12'/2

i

15 Vac

Thursday

May 28

25%

.14%.

>*38 i

;26>/c

f

97"

20 %

12%.

26'

,

-,n

38%.

,

12%,

*19'A

;

38
~*14%
^

*

*12.
6%

.

25

>4%

Wednesday

,

72

.20%:

•

*25^

24%

;1

98

'

•*

;

'115
»38,%. 39
*14 Va n I B >/2 V
•26%- - 2634

i

„

May 27

I per share

:' 2014 ' 20%;.

15

*97

72

Tuesday

v

:

;

I per share

■

2034

*24'
c

;

May 20

I per share

"20%

Monday

*
*

RECORD
'

"

com
—

May 19

35 % Jan

—No par
100

23

13% May

19

15

56

Feb

21

11

32% Apr

3

97% May 26

103% Jan

20

34%

45 Va May 16
1
19% Feb

46% Apr
28% Jan

i

\

May
34 % May
56

Jan

28%

Sep

Feb

12%
1

Oct

46'

Nov

27

Sep

35 Va

Jun

99%

Dee

111%

Jun

'

52 %

Apr

17

18

YORK

NEW

RECORD

STOCK

May 24

May 28

May 27

May 26

,

Friday

Thursday

Wednesday

Tuesday

May 30

May 29

t

9 per

$ per share

9 per share

9 per share

9 per share

39%

t per share

Range for Previous

STOCKS

LOW AND HIGH SALE PRICES

Monday

Saturday

39%

39%

39%

413/4

41%

19%

20%

20%

21

*20%

22 ' :

*20 3/4

32%

*3%

.<

Shares

42%

20%

Lowest

EXCHANGE

the Week

share

39%

20

20

19%

*20

21

39%

a

,

*20%

19%

20

21%

33

*3%

32%

33

32%

323/4

4

33

4

3%

3%

*203/4

213/4
33

.

3%

3%

11

11%

11

io

10%

*9%

10%

9%

36

36

363/4

363/4

36%

37%

37

37%

36%

37

14%

14%

14%

143/e

13%

14 ,2

13%

14%

14%

15

15%

16%

16%

16%

16%

16%

4%

4%

4%

16

16

16%

15%

4%

41/4

4%

4%

*33%

341/2

33%

33%

20 %

2OV4

19%

20%

39

39

*38

39

34%

34%

35%
21

21%

41

43

43

*953/4

96%

16%

*16%

8%

8

24%

96

18

241/4

24'A

24%
15

15

15

15

15

15

36

36

36

36

108

108

353/4

:

15 '

-

700

37%

'V 2,300

%

108%

4%

Industrial

108
"170

179

*170

108
179

*170

34

34%

34

15

15

14%

15

145/a

*7%

-'7%

*7%

71/2

15

15%

8

*7%

7%

40'/a

*37%

39%

*373/4

39%

*38%

105%

105%

*105%

105%

105%

31/2

3%

3%

3%

3%

3%

39%

40%

106'/a

105%
:
3%

101/4

101/4

*196

10%

204

*80

81

7

24%

183

182%

7

7

24%

•

4

182 y4

7%

'7%

7%

24%

24%

241/2

80%

31%
135%

41%

40%

41%

*101

102

*9%
*45

40%

41%
102

*100%

■'

101%

41%

41

9%

9%

105%

105%

48%

*45%

48%

4%'

10 %,

*105 %

49

9,800
-

42 Va

102

*100

10%
107

900

31%

41%

100%

49

49

4%

1,200
'■

*47

49

200
200

•

•

38

*37%

38%

42%

423/4

*30%

38

*42

34%

423%

*30%

36%

42

*30%

38%

38%

38 Va

38%

383/4

400

43

*377/a

43

44%

44%

44%

1,400

.

34%

*30%

34%

*32

$4

103/4

11%

10%

10%

11

11%

11%

11%

11%

11%

10%

11%

11%

11%

11%

11%

20

*19%

*20

23

*20%

22%

*38 Va

39

*38

156

*152

156

*152

*152

734

19%

100

%

7%

7%

7%

99%

*99:/2

100%

41%

40%

40%

1083/4

*1073/4

1083%

*107%

111

1111/*

*■1-10

111%

27%

27%

2734

28

*107%

109

.*136

150

27%

109

*136

.*107%

107%

112

*107%

41%

107%

112

*110%

109

107%

28%

*1073/8

109

29%

29%

29%

28%

29%

Telegl—__No
No
-No
Intertype Corp -—.———No

*1073/s

95

93 %

93%

93%

93%

*93%

29%

30%

30

30 Va

x29

30

15%

15

15

*14%

15 %

.

30%

*14%

Island Creek Coal

15

95

1,500

30%

4,300

15%

*14%

15%

202

Apr

Sep

45

Jun

90% Dec

101

Aug

Jan

27

8
29

15%

113% Feb

Oct
Oct

4%

53/4 Feb

8

367/a Feb

8

136% Apr

2

533/4 jan

2

38%

Sep

8

953/8

Oct

105

100% May 28

Feb

28 Va

427/a Feb

551/2 Dec

26% May

Sep

70% July

36

Oct

497/a

50% Apr

2

39% Nov

5

Jan

•

2

Feb

40

173/4 Feb

9% May 17
9

July

125

52%

583/4 Feb

40'A May 19

par
par
par

Aug

113

421/4 Mar 20

23

par <

Feb

148

Aug

133

Apr

Dec

37

7

143/4 Nov

11

60 Va Aug
42 Va

Aug
Feb

317/a

313/4 Feb

5/a May 17

17% Feb

11

143/4 Nov

14

26% Feb

11

23%

May 17

233/4 Feb

19

20%

Dec

Mar 24

39%

Dec

50

Aug

Deo

163

Jun

19

/Apr

20 ;

42

38% May 20

1433/4 Jan

8

13% Feb

14

6'% May 19

99% May 27

.——-No par

141

.150% Apr

2

39% May 20

,1104% Feb
•

8%

Dec

Dec

100

4

Jan

53

Dec

45%
107%

8

Nov

2

Apr

50

34% July

24%

Jan
July

108

591/2 May

114% July

107% Mar 17

110% Jan

107

1373/4 Feb 24

115

Dec
Oct

167V2

Apr

1233/4 Feb

111

Sep

153

Apr

109

May

115%

Feb

2nd prefered ser A—___100
Chicago RR stamped.._100

107

140

Mar

150

——-100

300

May 20

110

May 19
May 15

27%

No par
series A——100

Laughlin Steel—,

pref

112

Jan

11

May"" 17

Feb
101% Feb

8

39

251/3 Jan

31%

Nov

Feb

Feb

53%

3

99

Sep

108

35% Mar 31

931/4 May 26

—1

Joy Mfg Co

6

29% May 13

25% May 19

&

5%

1,200

30%

.184% Feb 27- -,175% Dec
6% Oct
10% Feb 11

19

:
—-1
Lt 4% pfd—100

preferred

Jones &

10,600

30%

Jun

Manville Corp com__jNo par
3%%
preferred
_±
100
Johnson & Johnson New_——12'%

100

95

102

'•

383/4 May 19

Johns

4%

95

Co

(F L)

41/4%

20

31%

;

Jersey Cent Pw &
Jewel Tea Co Inc

Jollet

30%

661/4 NOV

31% May 17

—_1
——1

— —.

preferred

Jacobs

109

30%

&

Telep

Foreign share ctfs—
Interstate Dept Stores

2,000

;

Jun

x29% May 19

37% Jan

Feb

250

23

46% Apr

Feb

201/4

Jan

195

225i/aFeb 13
88 % Mar 28

96

9

May

131/2

.

Oct

^—25

preferred

Intern'l

*136

29%

95

2834.

Dec

ioy8

33% May 19

1,000

107%

*28

*136

29%

142

53/4

8

11% Nov

50

Ill

11

7

May

„

112

Aug

105

Mar 21

Feb

13% Feb

101'/4 Sep

5,800

..112'*.,%.
*110% 114%

.,

,

114%

28

28

*136

•

41 %

41V4

y4

*110% .114%

110%

110%

v

40

108

110%

110

'

108

18

$6

7%

59

20

156

99%

113/4 May

Nov

131/4

Feb

100

73/a

*39%

112

*152

Sep

35 V*

Feb

500

39

156

.

39

22%

7y8

9

16

23

39

99%

*1073/4
*110

>152

156

20

20

*21 %

22%

-

*38%

■

7%

100

'40%

2034

*20

*21

.

39

99%

7%

7

lOOVa

7%
*100

20

19%
23

*20

39

Sep

8

84

preferred
—No par
Rys of Cent Am———No par

Feb

13

Jan

303/4 Feb

133% Feb

Jun

44% Jun

17% Feb

116

"

*38%

21

Jun

Aug

190

8y0Feb

13

May 19

Jan

.

15IV2

Oct

May 19

.*.4,000

*19%

33% Sep

22% May 19

15

Paper -Co—

5

54

168% Mar

50

2

Apr

Sep

18

Jan
May

22%

Sep

'

Jan

lOVs
,36

Sep

.

11%
36

May 19

176% Jan

_3

Chem—

23

116

;

% May 19
192% Apr 29

6

.v

4

9

.25

25

40% Feb

Jan

373/4

Oct

53/4 Oct

7

180% Feb

12% May 19

.70

.14%

7

17.

19

May

Feb,

May

99%, Apr

Sep

87

104% May 16

30,900

11%

Jan

..

Feb

71/4 May 23

5%

7%

11%

11%

Jan

85

preferred
—
—100
International Salt
..—No par
International Shoe
--No par
International Silver common25

Inter

34%

11

Apr

451/2

Feb

35% May 17

—.———100

;

-.

International

200

V

•

10%

Apr

__

Preferred

'280

14,800

107

-

preferred
100
International Mining Corp„_4—1
Int Nickel of Canada—
No par
4%

44 Va

41

153/4 May 15

.'Apr 29

33

.

Hydro-Elec Sys class A

1,700

86

Sep

18 Va Oct
Oct

31%

8

45

177

3

,4

&

Jun

May 13:

30% Jan

May 27

'

Min

107a

-'

133

107

105

International

;

Jun

5%; Sep

103/a Feb

x35 % May 20

100

Int

49%

5

Jan

22

'23'/a May 19
12% Jin 14

20

4.

16

73/4 May 19

-—No par
Interlake Iron
—
No par
Int'l Business Machine.
-No par
International Harvester—
No par
Preferred
;1—
__100

4%% preferred
Rubber

Intercont'l
'

3,700

1351/2

,

*105%

190

31

,42%

10

9%

105%

•

*134

135 %

100%

101%

*9%
*45

4%
31

30%

135%

105%

9%
107

*105

30%
135%

30%
*135

4,000

183

*81%

86

4%

4%

*3%

4

30%

si y8

813/4

*80

86

4,700

1,000

182%

24%

24%

24%

10%
200

:

80

7

*80

86

10%
200

Corp

100

2,100

Jan

-

•

DAY

Jan 21

15

1—
1
—No par

Ctfs Inc;

Interchemical

.

34% Mar

Oct

7

No par

—_i

Insuranshares
100

.

3%

182%

80%

1823/4

6%

135%

31%
135

39%

3%

"

4%

*3%
31

135

;

*

Inspiration. Cons Copper

2,100

CLOSED
MEMORIAL

"

201

200

199

80

24%

*80

preferred

Inland Steel Co*_;

2,500

EXCHANGE

105

105

103/a

10

10%

J

182%

/

7

24%

86

*80

10

199

204

79% J 80%

183

*1G'11/2

:

'

10%

198

7%

"

*381/2

3/8

153/8

*7%

15%

STOCK

45 %

Oct

25 Va

7

*

14%
:

*105%
3

35

6%

20

,

34%

343/4

Sep

2

Jan

Feb

_1
.±No par
—100

2_——i

Ingersoll-Rand

700

178

178

178

*

34%

•'

34'

34%

*7%

178

179

343/4

108

108

,

Dec

Feb

.93

Jan

■

54

96

Jan

14%

30

39

12%

11%

18 Va May 19

May 19

Feb

Oct

33

7% Feb

3% May 20

60%

3

37i% May 21

Rayon——-

'

108

107

107

30:,;

Co—

July

13

30

——

RR

Apr

47

25

43% Feb

201/4 Feb

151/4 May 23

A—

series

ctfs

Terminal

30

Oct

5

100

RR Co;

lines

Stk

•

Illinois

•1,100

15%

36%

: 37%

.36%

36

*1'5

15

RR

50

25

'24%

25

24%

24%
*

>

'

•'.1,100

8%

May 14

,,

Oct

30% Oct

3

133/4 Mar

12% May 19

100
1000
_5
Indianapolis Power & Lt_—_No par
Industrie Electrica De Me'x, SA.—.*
Leased

10

-

•

8%

5

7% Feb 28

May 1.9

73% May 16
33

Feb

,20
100

CoiiU.*——

Central

preferred series A

6 % '■

500

141/a

38% Mar 28'

3

1

Power

Illinois

24,600

18

8%

!

Idaho

1,200
.

96

17%

8

24%

96%

7%

17 '

8%

*95»/4

17%

96%

*16%

Foods

$ per share

24%

29

t31 J% May 19

preferred—
100
Sm Ltd—No par
Car—No par
Inc_
;
6.66%

Hupp Corp.

'

35%

21%

39

;

;

non-cum

Hunt

$ per share

42ya Apr 21
233/4 Mar 28

163% Jan 16

Bay Min &

1,700

share

per

Highest

Lowest

20% May 19

Hudson [Motor

5,100

20%
.

Hud

2,000

10,500

4%

33%

*953/4

81/2

4%

4%

'y5%

1,800
\
...

20%

17

17

*8'/8

;

9%

39

33%
19%
*38

93

*95%

<

■■■■

$

37% May 21

No par
25
1
_5
100

Manhattan

&

Hudson

500

3%

-'

9 per share

-

Year 1946

Highest

Co.

v c 0
j.

Howe Sound Co__

1,300

:

*3%
*9%

OH of Texas

Howard Stores Corp

34

Par

%

——

,

Houston

21%

33%

'

New

3,400

.4,200

■

Range Since January 1

NEW YORK STOCK

Sales for

Houston Light & Power

391/4

Monday, June 2, 1947

CHRONICLE

THE COMMERCIAL & FINANCIAL

(2938)

18 Va

Oct

34

Apr

223/4 Feb 10

17% Oct

36

May

18

May

K
City Pwr & Lt Co—

Kansas

18%
{'

*23%
107

107%

19%

19

191/4

3,100

50

501%

*49

50%

800

15 y4

*14%

14%

*14%

1434

14%
*22.,

17%'

23

xl4%

15

22%

22%

22%

23

17

173/B

17

17%

44%

44%

44%

x43%

43%

43%

43%

*41%

42

x4iy4

41%

*4oy4

41%

23%

23 i/t

23

23%

23%

*23

24%

107%

107

107 %

10S%

107

17

./16 V'4

23

17%

04

1,600

v

44%

11,600

41% •"

23

100

23 %

106

106%. 107%

500

.

17%

44

*40%

106%

*12

13%

*12

13

*12V'4

13

12

12

*67%

68

*67%

68

*671%

68

68

63

67

26%'

26%

26%

2,000

1,170

V

68

26%

26%

26 %

26%

26%

26%

26'/a

96 %

96%

97%

97%

35

35%

35

35%

97%

*34%

97%

28

35

97i/a

.35

4112i%

35%

98

34i%

13

98
35

46

46 %

45%'

45%

45%

45%

45%

45%

1,400

42%

42%

42%

42%'

41%

41%

42 Va

43%

<3

43

1,800

Tuesday:

9 per share

Thursday

Friday

Sales for

May 28

May 29

May 30

the Week

May 26

9per share

Wednesday

May 27

Monday

May 21

9 per

share

4%

5

4%

5

11%

12

*11%

15

Sep

34%

Jan

11%

7

Feb

20

Dec

Nov

30

Jan

41

8

2

Jun

26 Va

19%

13

Feb

Jun

67

45

8

173/4 Feb

40%

Sep

183/4 Oct

11

Sep

60%

15

49 %

Feb

13

327/8

Jan

55

22'/4 Jan

16

2774 Feb

13

21 y4

Nov

303/4 Aug

104% May 19

116% Feb

13

521% Jan

2

39

113/4 May 20

20

Feb
Jan

67

May 19

85

25

May 19

337a Feb

97

Jan.11

9.93% Mar

9 per share

13

t per share

9 per share

108%

Dec

15%

Feb

29

6

82

Dec

100

Aug

26%

Oct

46

Jun

6

96

Dec

101

Nov

45% May

13

Sep,

39

Feb

5

59

Feb

4

43

Sep

62% May

50

Jan

3

43%

Oct

65% May

Jan

40 V4 Apr

29

Range for

S per

Par

Lowest

Highest

share

Previous

Year 1946

Range Since January 1
Lowest

9 per

$ per share

share

Highest

$ per share

L
47/a

5

*12

4%
113/4

12%

29

*28%

29

*10%

10%

*46

52

*33

40

*23

24

*97

10%
*46

99

4%
12
30

29%

lOV'z

10%

51

39 %

39%

23%

*33%

10

10

93/4

33

*32%

33

*32%

93/4

5%

5

53%

V/a

2

2

2

*22%

-

33

*10 3/4

11%

*4.9

40

24%

9%

10

■

2,500
1,000

33%

33%

51%

5%

5%

1%

1%

1%.

39%

*22'%

39%

*22'%

39%

*16%

17%

*15%

16 3/4

*16

17

*16

17

6%

*5%

*5%
41

*15

15%

*15

61/8

•

15%

42 Va

43

15%

14%

143/4

14%

14%

19!%

191/8

18%

19%

48 %

48 V4

4G'%

*80

83/a

8"%

31%

31%

31%

80%.

81

81

81

.

188 %

19%

20

2,500

Lerner

49%

50

1,600

Libbey

8%

8i%

8"%

8%

83/a

*31i%

31%

31%

81%

82

}86%

*1831% 188 V4

31%

,81'%
186 %

*186%

33 %

33%

*32%

34 Va

44%

43%

43%

451%

45 Va

*10%

52

52

52

51%

51'%

*52

*43

47%

4S%

46

46%

47

82%

188%

351%

*46

21%

20%

102%
21

61%
14

,

21

20%

*100% 104Va

11. Va

20%

11%

11

20%

20%

20 3

62

14%

14

..

18%
*167 %

*25

26

42%

For

Stores

5

—No par

Corp_.

footnotes

32

500

82 %'

1,700
30

187

Life

Corp

Savers

—:

Preferred

48

47%

48

2,000

Lien

Oil Refining

1,300

21%

*1001%

12%

12

99

104%
12%

12.100

Lockheed
Loews

Inc

Co———

Aircraft

Corp_

—No par
Cement Corp.
No par

20%

20%

21 %

21%

21%

12,400

61%

62

62 %

621%

62 3/4

1,000

Lone

13%

I4V4

13%

14%

14 '%

14%

1,400

18%

18 %

13%

18%,

18%

3,700

Long Bell Lumber A
Lorillard
(P)
Co__

18i%
169

13 %

166'

26

*25V'4

42

40%

page




23.

168

26

403,4

*167 Vt

*25%4C%

169

%,
26y8l

42 %

*167'%
*25i%
42%

169

251/a
43

60

7%

Star

—1

preferred

200

Louisville

Gas

1,200

Louisville

&

—

&

El

A

Nashville-»—

—100

102 3/4

Sep

Sep
Apr

82

Apr

Jan

Nov

17%

Sep

553/4 May

6%

Sep

17%

Jan

57/8

Jan

2%

Oct

493/4

Jan

64

Feb""l3

181/4

Nov

38% May

11

6%

Oct

15 %

9% Feb

Apr

Apr

50 3/4

Feb 10

41%

Oct

65%

24

Jan

6

21%

Oct

33

2P/4

Nov

44% May

43

Nov'

74%

Jan

10

Oct

15%

Apr

28%

Oct

37%

Jan

83

Sep

183

Dec

17

May 17

4674 May 21
8

May 16

29% Mar 15
73

181

25

Feb

35

Apr

3

2
3/4 Jan
Feb 10
42V2 Feb 10

96

16

190

May 19
Apr

38% Apr

14
14

37%

Dec

653/4

44

Nov

88

3

43

Oct

66

10

273/4

Feb

43%

Dec

9

23%

Nov

43%

Jan

99

Dec

49 % May

May 22

109% Feb
20

May 19

Feb

4

12% May 19
166

Apr

16
15

Apr

Jan

94

May

64

17%

Oct

x20

Nov

Jan

29

166

Dec

25

May 23

29 Va Jan

53

Feb

7

35

313/4
197

Jun
Jan

Aug

243/4

31

May 14

Jan

45%
41

3

40

Aug

Dec

8

50

120

Feb

Nov

22 % Feb
21% Jan

No par

Jan

!

18%

Feb 13
5
79% Feb

172

Apr

(

25%

20

27

17% Apr

May
210% Mar

17

19% May 17

58% May 19

102

56% Feb

10% May 17
20

Jun

May

6 2 3/4 Feb

30V2 Jan

100

8

-59% Feb 10
3
11
Apr

May 19
Apr

33% May 27

—

No par
10

Dec

Oct

143/a May 29

No par
—100

Belt

213/4

53/4 May 17

253/4

20 3/4

38'/a May 19

Liquid Carbonic Corp_.;
31/2% preferred —

Link

104 Va

14% May 19

Nov

Jan

May

34%

11

Co__

400

11%

31/4 Feb

'

47

53'%

211/4

_100

4% May 17
1% May 19

,

68

10%

4
2
13

14%

Sep

49

9
7

.No par
No par

53

Locomotive

Apr

8% Feb

40

Lima

30% Feb
101

441/2 Jan

—No par

Lily Tulip

800

20

Dec

52

8

13

30% May 20

—No par

200

451%

*1001%

25

Feb

Feb

56 3/4 Feb

56

121/a Feb

Wks

35%

45i%
53%

104%

;

29

9% May 20

Cup Corp—

*32%

.;

—5

—

Liggett & Myers Tobacco—:

*61 %

41
see

6,800

8

rs%
■

8%

Ford Glass—No par
Libby McNeill & Libby ——
7
Owens

14

18%

*41"%

—1

Corp (The)
Fink Prod Corp

62

170 Va

*169

21

187

.

11 V'4

*10CV2

11

t:2

18%

&

19 1/4

44

11%

Lehn

49 %

*33

*20%

Lehman

19

45%

*100

600

Coal——
No par
Non-.cum
preferred
50
$3 non-cum 1st pfd——No par
50c
non-cum
2nd pfd
No par
Valley

Lehigh

49

35%

44%

2,900

t

99

10

Navigation Co

Portland Cement—L—-25
Valley RR
-—50

Lehigh
Lehigh

•

31%

*33

100

6 V '8

42

48

*30%

*53/4

41%

181/s

8%

6 Va

41%

43

8%

*5%

41
*15

41%-

'

*186%

1,300

Jan

May 15
21% May 19

5

—

3
preferred-—-—100

cum

Lehigh Coal &
:

2.100

1%

May 20

Sep

13%

8

38

& Sons Co——

(James)

3.85%

5%

2

*221%.

6%

19%

Lees

DAY

33%

10

147/8' Feb

7

93/a

5%
ll7/a

9
31

53

——;——50

Lee Rubber & Tire

MEMORIAL

39%

41%

*48%

200

700

10

17

*5%

STOCK

EXCHANGE
CLOSED

'331%

preferred

4%%

93

*22%

41

.

40

24%
*96

Jan
Jan

38

3

14
44

11% Feb
28

—

50

39%

Feb

26

May 21

4% May 19

Co—

6% p-d—75 Pesos

La Consolid

900

11

Light

Gas

Laclede

1,300

39%

17

#

29%

5

4%
2

-•

600

29%

93

9%

13

4
Mex
Lambert Co (The)
No par
Lane Bryant
1———-No par

8,700

*12%

24

•

5

503/4

24

9%

33

5%

*39

98 '

4%

293/s

*96

24%

*96

10

*49

39%

24

99

10%

10%

50%

*46

23%
*97

29

30

*

v

Jun

16

34

■

Dec

108%

7

"45% May 27

EXCHANGE

Shares

Apr
May

33

STOCK

NEW YORK

Feb

Apr

41% May 17

STOCKS

LOW AND HIGH SALE PRICES

Saturday

28% Feb
55% Feb
26 %

133/4 Jan

■

$5

1,900

5

108% Mar

13% May 19

Koppers

250

25

;

20% May 17

Kinney

100

Apr

16
May 17
47% May 19

non-cum

(G R) Co—
—1
prior preferred —No par
Co Inc——
—10
Cum pfd 4%
series-"———.—100
Kresge (S S)
Co
10
Kress (S H) & Co
'
No par
Kroger Co (The)
No par

800

5,900

46%

*46

4%

103

—100

;

Southern—--No par
preferred-—100
Kayser (Julius) & Co
5
Kelsey Hayes "Wh'l conv cl A——1
Class B
—————1
Kenneeott Copper —'—No par
Keystone Steel & Wire Co—No par
Kimberly-Clark Corp—i-l-— No par
4% conv. 2nd preferred100
City

Kansas

300

.

preferred

3.8%

310

v

18%

49%

41%

.

44%
*41

*1061%

18 %

49 y4

231/4

*17

107

17%

49%

14%

231/4

107

107

18%

49%

50

*141/4

107

*17%

183/4

49

107

107

107

107

14% May 19

:10

Furn

&

Stove

Kalamazoo

Sep

32%

Jan

45%

Oct'

72%

Feb

'

L

Volume

165

Number 4599

THE COMMERCIAL & FINANCIAL CHRONICLE

(2939)

LOW AND HIGH SALE PRICES

Saturday

Monday

Tuesaay

May 26

May 27

May 24
t per share
*18 %
100

t per share

19

18 3/4

100

*15

I per snare

18%

18%

*97%'

15

14%

Thursday

18%

14%

the Week

18%

99

tper share

20

4% %

700

Lukens

1

15%

Co

36

*34%

158

*34%

158

36

36

36

36

158

*145

36

*145

158

*145

158

47

47

6%

47%

47

48%

45%

32%

32%

31%

31%

303/4

31%

32%

323/4

32%

33%

*107%

108%

*107%

108%

*107%

1083/4

*107 %

108%
12%

*107%

108%

12%

17%

12

12

11%

12

48%

12%

17%

17%

xl7%

17%

13%

xl3

13%

13%

8

*407%

490

*407%

7%

8

7%

8

*10%

11%

*10%

11

*23%

24%

*23%

24%

*3%

4

*3%

*20%

21

20%

6%

6%

10%

11%

25

25

25

*103

110

110

15%

15%

*16

16%

1:

10%

6%

.

25'%

25

*109

15%

163/8

480

8

10%

20

25%

7

16

16

16%

16%

16 %

43

43%

44

44

3C%

30%

30%

30%

31

24%

25%

24%

185%

185 %

*185%

42%

42%

423/4
104"%

*42

*104%

105

*10434

105

104%

*92%

94

*923/4

94

*92%

'*

*7%
*43

8%

-

*8

45

*110%

*37%

37%

110%

38%

24

*100

37%

*43

110%

38%

24%
101%

243/4

38

24%

24%

190'

8

38

38'A

37%

39

1,200

51 %

800

32 Va

2,900

18 %

*17%

18%

31%
*103

31%

31%

*25

27%

*25

18

17

17%

17

11%

95

*90

94

*90

46

21%

*'43

21%

203/4

*16%

17

16'%

16%

16

*57%

58

58

58%

*57

13%

13%

14%

*41%

45%

42

*101
38

*108

45%

108%

14%
*41%

453/4

453/4

1013%
38

108

101 :

37%

•

108

*

107

103%

17%

27%

*17%
*91

32%

103 %

104

32%
*103

18%

*25

*90

*90

45%

*43%

45%

21%

21%

*43%

3,200
1,900

16%

14%

16%

16%

17%

58

59

53

57

59

14

14

14%

Xl37/a

42

42

453/4

42

453A

101

42%

46%

42%

46%

37%

101

37%

107

38%

107.

38%

107/;,,;

38%

*107

108 %

35%
*31 %
*142

*11%

14%

14% .-•143%

35%

35

35%

34

*31

33

*140

145

*140

11

11

Tl%

11

•56

*7%

8%
105

5534

7%

'104%
x55

7%

*106

333/4

47%
.

553%

7%

107

*8

48

105

107

*55

11 -V

.

8%
48

4%

105%

34

4

34

13%

133%

34%

9%

-

28

53

8

105%
34 '

t

*24

51%

24%

18%
18%

s

*27
53

114

114%

51%

50%

x9

9%

114%

•54%

*116

'52%

.

10

*24

24%

25%

25%

26%

*53%

55

*54

56%

*54%

56%

24

24

*23%

24

24

24

10

10

10

30

10

10 Vs

10

18'%

*18
*20

19%

20

18%

18

18%

20%

20

20

18%

19%

15

15%

104

*103 %

103 %

10%

10%

36'%

*36

110

110

10%

40%

*38

52%

*50

36%

52

*36'

51%

$2.50

200

Morrell

10%

cum

18

18%

18%

"18%

,-1,100

Motor

20%

20 >/4

20%

1,000

Motor

19%

19%

19%

900

16%

1S34

1,200

104%

104%

15 3A

16%

*104

106

10%

10%

10

353/4

3o%

35%

109%

109 %

10%

35%

10%

11

403/4

*38

41%

*38

53

51

51

40

-

r 11

%

2,100
200

-

Saturday

Tuesday

Wednesday

Thursday

May 26

May 27

May 28

May 29

$ per share

$ per share

$ per share

Friday

$ per share

143%

15%

14%

14%

15

19%

15%

Xl5

*18%

*19%

20%

193/4

21'A

*21

22

24%

24%

24%

24

24

12%

12%

12%

121%

13

"10%

233/4

24

12%
10

10

13
*25% .27
Oft
273/4*183%
*21%

.*8%

,

"•

•

'

•

•

*184

28 "<

35%.

'9%

■

10

10%

113/8

11%

12

26%'

26 3A

263/4

27%
185

22%

22

8%
•

9%
*11%
*26

11%
2 6 3/4

186%

*21%

9

36

12

28

273/a

185

*26%

28

*184

1,600
100

National

Battery

5,600

National

Biscuit

29%:-

DAY
1

186

22

8%

8%

35%

22'A

8%
36

22%

22

.

.1

35%

Apr
Jun

8

20%

50

Jan

3

523A May 19
24

No par
3

May 16

9% May 19
17

1

—1

—No par

.

May 19
19% May 19
17% May 19
14% May 19
.

103 % May 26

Sep
Hep
Dec

39 y8

Oct

61%

Jun

Nov

113%

-

Apr

Oct

18 3/4

Feb

31 Va

Feb

32

Nov

45% May
62% Jan

30

Feb

17

104

18% Mar
39

ioy0

' Jan

42% Feb
156

Mar

Oct
Nov

14% Dec

Oct

26% Mar

;

7

25

105%

Deo

7

40%

Apr
Oct

45

12% Feb

7
10

Oct

100
28

Feb

8%

Sep
Sep

5(4 Oct

25% Feb

19

51% Jan

42

13% Feb
32

Apr

May

-

9%

36% Apr 28

<

77

-10%
24

66%: Jan

8

52 %

110 3A July

140

14% Jan
14% Feb

115'/8 Feb

13

May 19

54
97

59% Jr,n

May 19

May 16
493/8 May 17
110% May 16
.49 : May 19

32% July

3

1143/4 Feb

103% May 29
51 % Apr 16

27

Oct

57% Aug
263/4 Nov

3

47% Jan

Apr 18
10% May 10
6% May 19
47% May 27

Jan

20 V*

Oct

10

110

145

;

7

Feb

43%

653/4 Jan

33
Apr 30
297/8 May 19

.•

5

47% Jan

6

173

68%

^11%

18% May
129

Mar

44

May

17 3%
52

Dec

70

Deo

Apr

119 3>4 July
60
Dec

Oct
•

July

J an
Jan

-

Apr

23% July
Apr

Feb

28%

Dec

45

633/4 Feb

43 %

64

128% Feb

111%

Sep
Sep

135%

643/a Feb

57 V*

Dec

104% May

28

Dec

Jun

Apr

5

20

Nov

30%

Apr

57% Apr
25% Apr
10 Vs May

5

50 Va

Sep

62

Jan

10

24 % Feb

7

157/8

Oct

34 Va

27% Feb

3

19

Oct

36

14%

Sep

22%

Oct

109%

25

16

Jan

May

Mar 28

20% Feb

21

107% Mar 14

102

Jun

Feb

5

10

May 29

15% Feb

10

13V4

Sep

27% Aug

1
100
10
-60

35

Apr

14

40% Feb

10

323/4

Oct

49

108 Vs

i.

com

No par

108

Mar 26

112

May

Jan

29

9% May 17
37% Jan
2

15% Feb

11

93/4

Oct

443/4 Feb

13

33%

Nov

55%

Feb

51

56

29

50

Dec

70

Jun

May 23

Jan

Jun

114% Jan
22

Jan

Range for Previous

Range Since January 1
Highest

Year 1946

Lowest

$ per share

Lowest

$ per share

S per share

Highest
S per share

22%

9
,

9%

37

37%

9%
,

Nat

1,000

'

8%

35%

7%

100

•

2,100

393/4

•

3,600

Bond

9%

9%
36%

37

37%

4,700

14

14%

29

1,500

&

29%

29

6,700

Nat

1,700

National

29%

293%

29%

•

29%

15%

15

15%

15

153%

15%

15%

*15%

19%

19

19%

18%

19%

19

19%

19 Vs

34

16%
104%
27%

30%
16%
*104

30%
16%
105%

27%

*30%

15%
104

27%

21%

31%

*31

16%

163/4.

104

*104

27%

27%

32

32

17%

*185

187%

156

*185%

187

*154%

156

n85%

156

*154 %

156

6%

7%
173/4

.29

187'A

*154%

7

7

173/4

17%

17%

17%

1%

17%

1 %

1%

1%

1%

753/4
25-

143%

74%
*24

200

18

6,100
40

23%

186 3%

3,200

186 3/4

30

*154Va
6%

7'i/8

156
7

17%

17%

18

1 Va

•'

co .u

14%

1%

Lead

14

143/,

14%

National

Linen

4,100

Nat Mall

&

14%

6,300

16%

5,300

15%

16%
90

*89%

90

22%

22%

*21%

22%

21%

21%

21%

14

21%

22

14

13%

13%

12%

13

12%

13%




*13%

14

.

14

12%

15%

15

13

15

50

900

1

:

1

10

Service

St'l

Steel

$2

Sugar Ref

Tea

13

Oct

6

14% Nov

Feb

7

10

Sep

163/4 Feb

21

13 Va

Dec

28 3/4

13

29% Feb 24

20%

Oct

34%

13

34% Feb

15

25 Va

Oct

37% May

Jan

28

26% Feb

13

Mar 26

22

May 22
8% May 19

16% Jan

185

180

22%
9%

Nov

20% May

205%
32%

Jan

Apr
Apr

Nov

21%

Apr
Feb

Nov

45%

Jan

Oct

13% Feb

7

May 19

41% Apr

2

9
May 19
32% Jan 13

7

13

Oct

24% Aug

40% Feb

13

24

Feb

38%

Dec

13% Jan

17% Feb

21

15

Oct

23

Aug

Jan

3

30

Sep

45

14% May 19

20% Jan

6

17% May 19

22% Mar 28

33

16

27% May 19

30% May 26
14% May 19
103

Mar 27

253/4 May 20
133% Jan
150

63/4

6

Mar 20

Jan

16

14% Jan

38

31

%

Apr
Jun

15% Nov

34%

19%

Nov

32% Aug

31%

Nov

673/4

Jan

25% Jan

2

16%

Oct

33 Va

Jun

Feb

15

102 Va

Oct

108 Va

Jan

42

107

Feb

19

27

Sep

189% Jan

30

178

Dec

207

167

28

X149

Oct

173

35 Vs Jan

8 Vs

Jan

9

40%

Apr

July

Apr

7

6%

Nov

Apr
10% Aug

Jan

31

20%

Oct

41%

16May 20
1% May 20

28

l3/4 Jan

2

25

743/4 May 26

91% Feb

8

21 Va May

17

28% Jan

10

10

12 3% Jan

13

15% Feb

11

40

15 % May 17

18 % Feb

13

16%

Dec

88

Mar 18

943/4 Jan

18

89

Nov

106 V» Mar

20% May 20

29% Jan

24

21%

Oct

42% May

13% May 19

17% Feb

10

14 3/s

Nov

24% May

11 Va Jan

13 V* May 26

10V8

Sep

15

No par

No par

Co.

(The)

preferred
preferred

100
100
1

Jan

distribution

ex

conv

National

Corp

Cast Co

Corp

National Supplv
4% %

No par

A

National

90

23.

_No par

B

400

14

181

10

_

Co

preferred
preferred

25

16%

page

National

25

90

see

$4.50

25

15%

Jan

1

National

13%

27

Corp—No par

National Power & Lt

89 %

10

No par

1,400

16%

Jan

Stamping

&

3,500

89

24

Gypsum Co
conv
preferred

Enam

77

*16%

14

Nat

National

77

*88%

9 (4 May 19
10% May 19

No par

1%
76

16"%

footnotes

Dept

751%

88%

May 27

12

National Distillers Products

24

21%

Jan

41% May
34% Jan

Co
1
—No par
Stores—
5

75

88%

52 %

Sep

4

-

Container

24

1 Va

Oct

27

Cylinder Gas
Dairy Products

X75

1 Va

23

6

1

common

City Lines Inc

National

2,100

*16%

12%

1

6%

OF"

Co

24

743/4
25

13%

1%

*7

32

*104

28%

187%

:

12,300

105

17%

105

16

Nat

2,400

,

'.1 *185

7

•

•29%

•19%

Jan

13

30

1

Share

National

293/4

25 %

29% Feb

14

5

Nat

13% .13%

9%

7

May 24
May 19

Inc

Corp
Co

National Can Corp
Cash Register

.

■

36 %

934

19% Feb

19
21

B

Louis

preferred

9%

X.9

May 19

100
1

St

'

13%

For

Jan

Feb

103 % Mar

100

MEMORIAL

35%

12%

Mar 21

12% May 19

Inc—*-10
-

Fibres

Aviation

%

14%

par

Airlines—

Automotive

National

..

35%

Nat

700

13%

75%

103

19% Jan 28

3% May 19
113/4 May 19
323% May 19

Co

CLOSED

'■

27%

28

186

*184

1,900

EXCHANGE

10%

,12 ■'■" ./ 12

35%

*23%

50

28% Mar 11

Oorp

National

9%

7

Aug

104

A—No par

,

STOCK

133/4

*154%

107 %

105:

100

Lines

Chatt &

353/4

27%

Sep

1

class B—

Acme

9%

16%

11

-10

new

National

13%

104%

Apr

105% Feb

41

Corp-—No par
Corp
5

Nashville

210

35 %

19%

30%

36%

———

1,100

13%

*31%

,'

27%

22%

123%
10y4

113/4

.*25%

186%

24

35%

,

36

Sep

No par

1

Nash-Kelvinator

11,200

:

3534

*15%

Oct

18%

Jun

Par

*13,%

,

22

YORK STOCK
EXCHANGE

9%

2934

20

8

NEW

9%

.■

:t

36

24%

12 3%

*11%

,

21

20

7

;

Shares

15%

20%

*9%

25% Feb

N
15%

12 %

'

the Week

tper share

19

■

Sales for

May 30

15

233/4

Nov

108% Mar

22% Feb

STOCKS

Monday

May 24
$ per share

Dec

Jun

Impl—

preferred

LOW AND HIGH SALE PRICES

102

35%

3

& Co

Co

Jun

20

Apr

105 %

100

43/4% preferred
Murray Corp of America
4%
preferred
Myers (F E) & Bros

40

*51

-

Mfg

56 Va

31% Feb

—No par

Munsingwear Inc
Murphy Co (G O)

500

1091/8''

51%

$7

700

Nov

Oct

Products

Mullins

130

10

393/4

May 16

'

Wheel

6

Dec

100

series

Mueller Brass Co

Jan

Jan

18%

No par

pfd

Inc.

69

105% Feb

35% May 21

Wa>d & Co-;.—No

(John)

Motorola

1,700

,

*19

109 %

110

10 3/8

40%

*50

10%

110

103/4

*38%

104V2

10%
*36

200
-

Sep
Sep

48%

44

Nov

No par

RR

preferred

46% May

23%

8

18

10

.

Moore-McCormack

2,800

-

'

20

103%

10%

36%

*109%

103/4

10

20

*103%

24%

$3.25

Sep

I

44

43 V2 May -19
97% Jan
3

preferred series A

Montgomery

30

Feb

563/4 Feb

61

Monarch Mach Tool.—Wo par
Monsanto Chemical Co common—5

'21,800

Apr

6

Carpet Mills—;—i—,—20
Mojud Hosiery Co Inc—.——-1.25

500

533/8

May

8

1,600

117
-

'52%

9

Apr

43

122

Sep

73

7,300

9

56%

May

32

71

Oct

Dec

25

25 % Jan

Mohawk

800

28%

55%

115%. 115%
51

51,

*27

55%

7%

9,700
"

42

102%

24% Jan

0

vtc

:—

Mo-Kan-Texas

'3,800

Mar

May 20

No par

preferred
Corp

118

16
May 19
55% May 17
13 Vb May 20

'

9

28%

*27

Power

$6.50

Jun

111

Mar 17

pfd.100

Mfg__

Mission

4

46

No par

1st preferred

Moline

Jan

17 5/b May 20

5

& SS M A

Minn

Jun

May

40

2

No par

Minn-Honeywell Regulator
3.20%
conv
pfd series A

1,000

*

35

24%

15%

10%

28

54%

Co

Petroleum

&

17

55

20

Co

Min

Oct

Sep

16 Vs May 19
94
May 20

1

Minn

Nov

97

9%
45 Vb

25
-

Minneap & St Louis Ry—„-Noppar

140
-

'■14%

35

56

15%

*109 %

14

34

24%

•

16

36%

9%

14%
J

*15%
*10

133/a

33%

,

Trans

Minn St P

110

Deo

8

4

Mar 14

No par

preferred

3,600

107% 107%
34 %
341/4 i
43 /8
4%

a

'

4%

Ltd

Co

'2,400

8 Va

*223/4

20%

*20

13%

33%

8VB

...

.

-

*53%

54

'24%

*9%

34

4%

56

93%

Nov

Jan

35

Jan

70
May
112% May

Dec

Feb
'

483/e Jan 23

24 '
May 17
46% May 9
30Vb May 19

50

1,600

49%
103 %

103

7

102

48 Va May

38% May

204%

Nov

45 %

25

21

__1

Edison 3.90%
>i
Copper

cum

113

Oct

Sep
Jan

1

1,400

103%

108'A

34

9%

53%

50%

24%

53%
*24

28

*106
.

4%

8%

50

Apr

243/4

97% Mar 11'
12

May 13

Jun

75

195

8

Feb

Feb

30 9/8

50

;

preferred

Mid-Continent

700

9

•55%

Min

49% Feb
106

15

45%

Oct

Sep

27%

10

1/3% Feb

,100

Midland Steel Products

^

,

!

Stores

Apr

577/a Apr
112% Mar

12%

23

IO73/4 Feb

10

(The)
1st

% May 19

Jan
Jan

Sep
Sep

Jan

8

48

6

33

190

Mar 12

35 y4 May 19

1

Co

Metropolitan
Miami

'2,600

2

May 22

Co

Machine

■,

,2,200

11 %

"'48%

55%
8 %

123/4

9%

533/8
114

4

48 %

8

145
*

Va

8 3/s

105

55%

*32%

33

*9%
*27

53

114

51%

13%

•

x33

9%

114

43%

48

*103

,

•'

333/4

*140
V *11

8%

y

36%

*33

ir

.

8%

14Va

,

36 V8

30%
145

11

55%

1

*4

"

47%
105

7°4

108' v:,

33%

...

8'%

14

36%

*30

145

*105

*27

14%,

35%

*31

8%

*33

14%

*140

48%

13%

:

33

8%

33%

35%*

35%

14%-.

148

48%

*105

-14

-

11

63 % Jan
35 % Jan

May 26

Corp

cum

Mesta

70
,

,

&

$3.50

700

'

*14

Co

conv

Merch

'21%. Feb

29

24

18

preferred

Shoe

100

■

31

100

Merck & Co Inc—

1,300

101

X109

6

108% Mar 20

5

preferred

Mengel

300

46%

*98%

27

Jan

May 19
7% May 19

No par

Mfg

Nov

Jan

34

43

1

Inc

Jan

30%

13

Feb

20%

111

91

—No par

Robbins

34% Feb

n3/8

Oct

20

24 y4 May 27

No par

2nd

5%

Jan

Deo

11%

4

1

Co—

Stores

Mercantile

2,600

'

*98

&

13% Feb

Sep

~7%

8% Feb

May 19

100

CO—*

Jan

27%. Feb

185

•

Apr

3%

27% Apr

par

_

Corp
preferred
Pub

Melville

490

5% Feb

May 17
14% May-19
39% May 17

-No par

Corp

4%

21%

14

No par

Electric

4%%

45%

21%

46 % May

22 y8 May 19

—.No par

preferred

conv

McLellan

95

21%

84

Nov

39

preferred

Mead

26

9

100

McQuay-Norris
900

32% Feb

103

McKesson

800

18

26%

5

McGraw

26%

18

16 3/4

Oct

—No par

McGraw-Hill

$4

Oct

19% May 28
6% May 20

No par

—

Aug

8%

14

No

526

12%

109

Mclntyre Porcupine Mines

100

19%

*25

17%

94

163/8

104

18%

27

17%

Wks

30% May
173/4 Sep

Dec
Jun

Jan

12% Jin

3%. Jan

No par

Corp
McCrory Stores
3%%

16%
133/4

Jun

May
111% Apr
xl7% Nov

14% Feb

1

pfd__

cum

6
30

42% May
160

May~ 17

2.100

*

Dec

93/4 May 19
243% May 16

Stores

cum

1

Sep

520

~6

100

McCall

1,800

25%

51%

18%

38%

160

25 Va

18%

101%

1,600

513/4

*17%

45

25%
101 Va

25%

313/4

*37

25

*1C0

15% Feb
21 % Mar
17% Jan

No par
1

Alkali

111

12 Va May 13

1

Co

Maytag Co

1,000

24%
101 %

37%

105 %

*101

38%

24%

513/4

*102%

Sep
Sep

8

113/4 May 19
16% Apr 14

a._No par

1st

25

105%

12%

152

__1

:

$6

51%

*102%

Oct

5

Co

20

25%

51%

106 3/4

13

107% Jan

B

Co

110%

x25

25

Mar 28

Jan

50

preferred—-.—-

37

52%

&

$3

38

65

prior pfd

100

37%

25

42

1,100

36

31%

*41%

8 Vb

38

51%

13%

383/4

Nov

preferred

$3.40

101%

,

37%

No par

Corp

Dept

$3.75

30

45

110 Vb

7

preferred

May

260

24

25

21%

*13/4

1%

50

800

93

*43
*

763/4

413/4 Jan

preferred

Mathieson

2,400

DAY

100

31%

*20%

8%

110%

CLOSED

MEMORIAL

104%

93

45

*110%

26%
43

104%

Ry 6%

Elec

38% Jan

30 y8 May 19

Corp

(Glenn L)

Master

Mar 12

Oct

6.25

Masonite

900

24

*43%

Jan

32

Exploration

1,700

STOCK

100

51%

46

July

303/4

38%

1

Martin-Parry Corp

EXCHANGE

190

43

.

94

*43

25

*42

104%

8
45

45

*185%

423/4

104%

110%

51%

26

108

140

-

1,600

101

*36%

Sep

9

No par

Field

4%%
Martin

•9,200

■

31

%

25%

190

41'/a

■

*923/4

31%

'*24%

26%

*185 %

94

73/4

44

*110%

38%

*24%
*100

8%

44

110%

Dec

14

8

Co

Oil

St

Marshall

80

16%

43

Market

4,100

110%

15%

43

Maracaibo

740

26 '

25%
*109

30

25%

97

6

Mar

10

Shirt

Marathon Corp
Marine
Midland

3,600

11

15%

30

42%

16

20

21

_

Bros

Manhattan

900

153/s

42%

Mandel

3,500

15'%

15%

Sugar

300

3%

*10%

109V4

1,800

Manatl

20 Vs

7

.7

25%

100

3%
20

10%

109

26

10%
*23%

43%-

187

100% Apr

31

433/4 May

Apr
56% Feb

Mahoning Coal RR Co

8%

11

7

25%

*407%

34

140

-100

Magma Copper
Magnavox Co (The)

30%

25%

Jan

Highest
$ per share

Nov

413A May-19

A

Madison Square Garden

25

*10%

111

15

series

500

*29%

42%

20%

No par

Co Inc

pfd

400

19%

11

(R H)

4%%

12%

10

1,700

*42%

*185%

18

No par

Inc

17%

4

6%

10%

Macy

Trucks

13%

*3%

.

Mack

17%

8%

25

20

*12Va

430

*10%

3%

1934

110

16%

26% Feb

13 3A May 17

100

Forbes

preferred

3,400

2,100

•

13%

8

24%

3%

11%

15%

7%

10%

20%

6%

*407%

*23%

4

11

490

49%

18

*17%

13%

490

48%

&

13%

17%

13%

13 Va

*407%

••

Mac Andrews

200

47%

*12

t per share

M

36

*145

97

—10

•>

Lowest

Sper share

17% May 19

100

pfd series A

cum

Steel

J

*34%
*145

I per share

& Sons Inc——-1

(M)

Year 1946

Lowest

Par
Lowenstein

Range for Previous

Range Since January 1
Highest

STOCK

YORK

EXCHANGE

900

99

15%

NEW

Shares

18%

*98

15 %

15

Sales for

May 30

$ per share

18%

*97%

99

Friday

May 29

t per share

18%

*97%

*14

15%

99

STOCKS

Wednesday
May 28

Pa

_

Co—

15%

3.900

Nat Vulcanized Fibre Co

13

4.300

Natomas

—100
10
1

1% Aug
75

Sep

25%

Dec

11%

Nov

2%

Feb

Sep

101% July
38

Apr

25

Jan

32

Jan

"

"

-12%

Co

—No par

3

Feb

19

LOW AND

$ per

t per share

20V2

20 ¥2

*108

y4

14%
107 ¥2

*31 ya

31%

31 ¥2

31 ¥2

103%

103%

*105

*37%

36%

37%
26
102

133/4

*105 ¥t

18

*34

347/b
13%

23%
82

80 y4

12

37 ¥4

37%

373A

1,100

27

27

*27%

27%

800

103

100

100

*99 ¥2

18

18

18

17%

*17%
13

133/a

133/8

14

13%

14%

22

22

23%

24

25

25

23
59

260

*220

260

*220

255

105 ¥2

*105

106

*105

106

105

*119 ¥2

7%

r4A"

*101

102%

*101%

50

*32

34

35

123

H

12%

12 ¥4
23
36

1%

7 ¥2

*95

14%

14%

101 ¥4

"73/4

"7%

98

101 ¥4

127/a

13

13%

133/4

'".4,100

23 ¥2

23 ¥2

233/4

3,200

35

35 ¥2

35

35 ¥4

310

200

Norwalk

200

Norwich

7%

7%

7%

*7 ¥2

8

*7 ¥4

13 ¥2

13 ¥2

*133/8

14

*13 ¥2

33%

33 ¥2

33%

*33%

3 4 ¥4

109 ¥4

*109 ¥4

110 :>

109 ¥s

109 ¥4

22%

22%

21%

22%

21%

¥2

22 ¥4

22 %

20%

*19 ¥4

20 ¥2

*193/4

20 ¥4

*19 ¥4

20 ¥4

*20 ¥a

18 %

*18 ¥2

19 ¥4

is y4

99 ¥4

99%

£8

7%
14

22%

*19 3A

101

22

20 ¥4

19 ¥2

19%

193/4

99

99

99

100

*97 ¥2

100

*97 ¥4

100

*19%

21

*19%

21

*19%

21

*25%

26%

26

26 ¥2

156%

*154

156 ¥2

*154

83/4

8 ¥4

*98

*19¥e

26 ¥2

25%

156 ¥2

*154

8

100

¥2

*99 ¥2

21

240

*20

20%

253/4

26

26%

156 ¥2

*154

156 ¥2

*21

22

*20 ¥2

22

*20 ¥2

22

*20 ¥2

*82 ¥4

92

*82%

90

*82 3/4

92

*823/4

86 ¥2

70 ¥4

71

71 ¥4

72

*ioya

11

11

10 3/4

10%

103/4

103A

53

54

54

28 ¥2

27

27

28

28

35%

35%

1

1

56

56

35 ¥e

35 ¥a

35 ¥4

1

,

56

it

35 3/a
1

1

56

56

56

27%

27%

27%

27 ¥2

273/4

*27 ¥2

-

106 ¥»

107 ¥4

*106 ¥2

107 ¥2

106 ¥4

106

*157

161

157

159 ¥2

*155

4

4

*31

313/4

3%

4¥a

30%

31

30 ¥2

30 ¥2

31 ¥2

31 ¥2

5 ¥4

5¥a

5 ¥4

53%

5%

10%

10¥s

10%

*13 '/a

14

*13%

3%

1

10

10¥a
14

44%

44%

*103%

106%

*103 ¥2

106¥s

6%

6 ¥4

6%

6%

44

*58

62

*58

*108

111

44

*108

24%

*104

63/8

63/8

5%

103/4
*13%

21,200

T

155

Pacific

Lighting Corp
Mills

Telep

60

4%

600

Pacific

Western

18,200

11%

9,300

14

•

i-

45%
1063/B

30

6 ¥2

6%

6%

3,800

2,700

109 ¥2

*108

109 ¥4

T6

25

25

26 y8

26

26%

20,300

3 8 ¥2

38 ¥2

*37

39

*37 ¥2

39

2 ¥a

2%

*2%

2 ¥2

2%

353/4

35%

35%

353/4

353A

*28 y»
./ 8%

29

*28 ¥2

28%

28

29

29

39

2%

35 ¥4

¥2

28

¥2

*2%
-■

64

39

4%

29%

Prod

Paramount
&

Utah

Tilford

34%

35

39 ¥4

40

383/4

39 Va

39

40 ¥4

39 ¥2

8

8%

8%

8 ¥4

8 ¥4

8 ¥4

6,800

Penney

8¥a

8%

8%

83/4

7¥a

7¥a

7¥a

7¥a

*7'%

3,400

Penn-Central

7%

7%

73/8

7%

800

Penn

17 ¥4

16%

16%

X163/4

163/4

900

Penn-Dixie

*17

17%

*32

34

*32

34

*32

34

*32

111

*103

111

*108

111

*108

40

17

17

34

*32

34

111

*108

'

.]■'

111

19%

19%

19%

19%

19 %

19%

19%

18%

19%

13 ¥2

19

18 ¥b

18 ¥2

5,200

183/s

13%

18%

42%

187/a

41%

41%

19,800

48 ¥4

43%

4^/i

83

82%

82

*82%
*7¥t

8

*7 ¥4

x40

403/a

*40

42

47%

47%

*47 ¥2

49%

*47 ¥2

49%

200

82 ¥2

¥4

42%
82%

82%

82 ¥2

82%

1,600

7%

300

82

/

400

*20
*104

7 ¥1

7%

7%

7%

3.0%

29 ¥8

29%

28 Va

29 ¥2

29 ¥2

30%

30

21

29%

20%

305/s

21%

20%

21

21

65,100

213/8

21

21%

*103

110

107

1,700

107

90

90

*88

90 ¥2

¥2

24 ¥4

24 ¥4

*24

25

109 ¥2
9%

*107 ¥2

109 ¥2

*107 %

109 ¥2

*9 ¥2

9%

9%

93/4

110

*105

8

.

110

*87

90

*88

90

*83

90

*23%

24%

*23%

24%

*23 ¥2

24

*107 ¥2

1C9%

*9 JA

95/s

*107%
;

109%/:

*9 ¥4

9%

*107 ¥2

*9%

7%

*103

(J

Saturday

Monday

May St

"13 ¥4

Tuesday

May X8
$ per share

109

Thursday
May 29

$ per share

13%

13%

*13 ¥2

137/a

*13%

14

41

41

40%

40¥a

40 ¥4

403/4

40%

41

38%

38 ¥4

373/4

38S/8

37%

38 ¥8

38 ¥s

38%

Sper share
*13%
41

200
■

.

100

Milk

Pet

700

Petroleum

38%

Friday
May 30
S per share

Sales for

53%

533/4

53 ¥2

53%

100 ¥2

101 ¥2

101 ¥2

x98 ¥2

99 ¥4

23%

x23 ¥4

23%

233/8

23%

23%

23%

28%

28 3/s

28 3/8

117

116 ¥2

116 ¥2

108

*107%

108 ¥4

*116%

117

*107%

108%

12

12

116 ¥4

116 ¥4

*116 ¥t

116%

*107 ¥2

108 ¥4

1C8 ¥4

108 ¥4

113A

12 Va

11%

12

*24%

25%

23%

24 ¥2

X'22%

22%

*88

89%

89

90

*89 Va

90

*28

*103%
99

23%

104%
99

28

28 ¥2

*103 ¥2
99

104 ¥2
99

28

*103 ¥2
*99

*28
*116 ¥2

108

53%
*99

53%
100 ¥2

STOCK

620

EXCHANGE

220

CLOSED

4,300

MEMORIAL

700

DAY

2,700

Philco

90

28 ¥2

28 %

29%

29 ¥4

104%

*103 ¥2

270

293/4

*103 ¥2

104 ¥4

*99

*21%

23

*213/a

23

22

22

82%

*81

82 ¥2

82 ¥2

83

*81

85

53 Va

53

53 ¥4

53%

54

3,700

~20

14

12 ¥4

*11

31 ¥4

32

*31 %

33

*32

34

*106¥a

107

*106 ¥2

107

107

107

*105 ¥4

4..

53%

*105 ¥4

*105 ¥4

10 %
*98

—

10%
100

*20

20 ¥4

*19 ¥2

20 ¥,

107/a
*98

12 ¥t

—

107/8
100

20

20 ¥4

*19%

20 ¥4

10 ¥2

10%

98

98

xl9%

19¥a

*105'A

10%
*98

19%

19

19

*19

*155

180

*157

180

*157

180

*160

*170

172

171

171

171

171

*171

For

footnotes

see

page

23.




13

*12

543/8

•

100
80

3,600

100

*106 ¥2

10%
*98

36

Jan

99

Jan

2

102 ¥2 Feb

17

963/4

Dec

12 ¥1 May 19
22 ¥2 May 21

22 ¥4 Apr

2

33% May 17
6% May 16
13% Apr 14

45 V2 Jan

24 ¥a

9% Dec
111

18%

38

Nov
Oct

9

Nov

193/4 May

Deo

25

16%

0

series
&

Phillips

100

Jan

9

30%

1113/4 Feb

18

108%

Jun

24% Jan

6

19%

Feb

29 3/a

July

193/4 Apr
7
173/4 May 17

21% Jan

2

21

Sep

223/4

Jun

Apr

98

25% Feb

8

$4

7

100

1,000

Pitts

10

$5
Pitts

18¥a Nov

19%

197/a

19%

300

180

176

no

Jan

36

Jun

17

99 ¥4

Oct

Xll9ya

Jan

4

10 ¥4

Nov

17%

Jan

Feb

6

X113

Sep

86

May

20

May 19

28% Feb

18

25

Dec

51 ya May

24

May 19

33% Feb

18

26

Oct

39%

154

May 12

163% Jan

18

158

Sep

19% May 15

28 ¥4 Feb

8

86 ¥2
v

Apr

118

7

93

120

Oct

4

863/4

8

Feb

180% May

Dec

Jan

Feb

Jun

35

69% Nov

111% May
100

Apr

Jan

Oct

19%

19

Feb

1

12%

Deo

25% July

73

Feb

8

49

Nov

86% Mar

38¥2 Mar 26

24

Deo

48

43 ¥4 Jan

36 ¥a

Oct

473/4

54%

Sep

67ya Jun

28 ¥2

Oct

10%

12 ¥4 Jan 13

May 28
93/4 May 19

May 19
18 May 19

Apr

19%

79% Feb

23

70% May 26

18

62% Jan

11

39 ¥2 Feb

10

19

'

25% May 19

Jun

48

Apr

160 ¥4

Jun

3% May 16
213/4 Jan 10

7

Feb

13

5

Oct

11%

Feb

Apr

5% May 19

105

Mar

155

8

73/4 Feb

18 ¥4

Nov

343/a

5%

Oct

12 ¥a

Feb

14% Feb

May 13

21

liya

Dec

27

Jan

16 ¥4 Jan

9% May 19
13

181% July

13

37% Apr 28

24

13

Oct

20%

Apr

Feb

18

373/4

Jan

56%

Apr

111

Dec

100

Mar 24

56

Apr

Dec

14 ¥4

Sep

4 3/4

90 y«

Jan

Apr

59

May 19

79% Feb

15

108

May 27

108 ¥4 Apr

3

105 ¥2

Oct

223/4 May 19

32 3/4 Jan

2

273/4

Oct

39% July

37% May 17

52

Nov

82

53% Jan

4

'4 ¥4 Jan

6

Jan

9

34% Feb

21

14% Feb

8% May 19

11

34

No par
1
—10

383/4 May 27
7% May 17
13% May 19
29 ¥2 Jan 18

7

38

May 15

Apr

/

3 ¥2

Apr

Oct

\

35% Aug

12

Oct

22%

Jun

11 ¥a

Deo

24%

Jan

483/a Feb

11

40 y8

Nov

573/4

Jun

15% Jan
103/4 Feb

4

12%

Dec

453/4

Jan

19

6 ¥4

Oct

16%

Feb

243/a Feb

27

17 ¥4

Sep

303/4

Jan

36

15

Apr

16

28 ¥2

Feb

373/4 Aug

Jan

115% July

110

107% May 20

117

Jan

29

18% May 17

22

Jan

6

20 ¥a

Sep

50
10
5
100

17% May 19

26% Feb

3

25

Sep

47%

33

May 13

51% Jan

6

37

¥a Nov

51%

47

May 19

55

Jan

21

43

Jan

68

May

101 ¥2 Feb

13

86 ¥4

Nov

115

Apr

100

813/4 May 19
6
May 19

27%

Jan

Feb
Dec

Feb

3

14

Oct

513/4

Jan

16

31% Feb

15

21 ¥2

Sep

40 %

Jan

15% May 19

23 ¥2 Jan

16

16

Oct

36%

2

100

Oct

132

Jun

Oct

109 ¥4

Jun

243/4 Jan

22

33 ¥30
100
100
100

105
80

Mar 11

95% Apr

2

75

23

May 13

34

Jan

4

28 ¥4

Sep

100
5

105

Mar 27

105 3/a

Sep

8%

Dec

Feb

xll5

26

5

108

8% May 17

10

Feb

Apr

May

2

Jan

43 ¥2 Mar

109

Mar

14 ya

Apr

Year 1946

Range Since January 1
t per

Lowest

Highest

S per

S per share

share

Highest
$ per share

share

18 ¥4

Feb

15 ¥4 Feb

20

13

Apr

62 ¥a Jan

13% May 26
May 14

2

35 ¥4

Jan

80

May

13

29%

Sep

x48

May

119

1053/a Feb

108¥4 May 23

Iron

1
100
3
100

37

36 ¥4 Apr
53

¥e Apr

263/4 Jan

433/4 Feb

14

89

Feb

6

107

3

30 ¥4 Feb

98 Ve Mar

May 23

Petroleum

34 '

Dec

89

17

Oct

20 ¥a

1
18

Dec

t

47

102

33 ¥4

Sep

71

11 Jan

25

104 ¥2

Dec

112

/ Jun

106 ¥2 Aug

109

101

Mar 29

8

96 3/4

Dec

Apr

29

31

Feb

7

203/4

Oct

36

Jan

17

91

Feb

26

84

Dec

"89

58% Jan

7

49

Feb

No par

Coal

Mar

'

Feb

16¥a

Dec

Feb

8

29%

Sep

36

2

Feb

19

102 ¥2

Sep
Oct

110

1

123

Co—No par

10

May" 16

No par

97

Co

Pittsburgh Forgings Co
Pitts Ft Wayne St Chic Ry
7%
preferred

7 ¥2

13 ¥4 Jan

18
Mar 29

Jan
Jan

41

18
37
108

'

Jan

t

I Nov

73 ¥4

28

¥4 May 17

100

preferred

Chemical

50¥2 Mar 15
12

I Sep

;■

18

Feb

May 22

30¥2 Apr
103 ¥2 Jan

Feb

J Jan

433/4 Jan

26 ¥a May 19

97

5

May

'19%

21

25

July

122

Dec

U%

81

No par

Hosiery
Mills Inc
preferred

Jan

Dec

100

100

Jan

30% May

116

Mar 21

15 ¥2 Feb

76%
1117 ¥2:

Sep

27 ¥4

2
29 ¥2 Jan 21

4

Dec
Dec

24%

27 ¥4 Jan

10% May 19
21
Jan 16

104

51 ¥4

Mar 20

,

No par

preferred
Corp

preferred

&

Apr
Jan

48 ¥4 May

7

115% May 16

Ltd

conv

May

73/i

Jan

26

110

Sep

35 ¥2

15% Mar 31

No par
100
100

A

Coke

.

Mar

lVg Apr 30

59

&

Co.

Consolidation

Nov

112

Feb

109

Pitts C C & St Louis RR
n

37%

Sep

13% Feb

107

May 27

7% May

29

Plllsbury

40

May

1

May

21

x23 ¥4 May 27

Phoenix

107%

Jan

55% Jan

14

109

x98% May 28

;

Coal

series

cum

300

1,500

*172

pfd

56 ¥a

_

2

13% Feb 11

15

104% Noy

44

May 22

xl8% Feb

16% Feb

Dec

3

Morris

14

19%

175 ¥2

May

Oct

No par

com

preferred

3.60%
5%

19%
*160

Read

Phillips Jones

193/4
180

117

16 '/a

Lowest

Corp

33

*105 ¥4

10%

&

3%%

Philip
4%

100

23

*81

34

Jan

7

Range for Previous

preferred

24%

*31%

11

22% Feb

No par

Co

preferred

3.8%

90

*12%

17

115 ¥2 Jan

No par

com

4.4%

243/a

*213/8

14

preference

70

90

*106107

10a/4 Feb

17

May 19

No par
1
25
preferred—50
No par

6%

Co

200

24%

82%

*12 ¥4

$1

Electric

23%

23

53 ¥a

Aug

393/4 Apr

164

Inc

& Co

Co
$6 preferred

Phila

Phila

*81

53 ¥4

(Chas)

Philadelphia

3,200

*21 %

53%

Pfeiffer Brewing Co

12%

100

129

Oct

8

Par

12

*99

Dec

23 ¥2

Apr

EXCHANGE

12%

104 ¥4
100

119

7

Mar 14

13 ¥2

STOCK

NEW YORK

11%
*89 ¥s

7

Mar

33% Jan

41 ¥4

No par

Phelps-Dodge Corp

23 ¥2

28 VB

Apr

6

98

100

4,800

100 ¥2

x28¥b

May 21
4% Apr 14
6% May 16

7

Corp

Corp

Shares

38%

54%

28 ¥a

24

May

288 ¥a

125

118 ¥2 Feb .18

No par

Corp

the Week

Jan

72 ¥2

Nov

28% May 20
7% May
9

preferred
of America

2nd

53

Sep

223

2.50

Co—

4¥*%

Oct

Feb

6

43

Co
prior preferred —
preferred

100

31 ¥4

7

283/4

53¥4Jan
252% Mar

2% May 17

RR

Pfizer

23%

28 ¥a

May 24

May 21

No par

Light

&

400

101%

28%

Jan

42

34% May "7

Pepsi-Cola Co
Marquette Ry
5%

43

32

217 ¥2

Nov

1

Peoples G L & Coke (Chic)
Peoria & Eastern Ry Co

5%

May 27

Mines—1

Pennsylvania Salt Mfg Co
Peoples Drug Stores Inc

Pere

98

May 27
¥2 May 19

11 ¥2

—1

Inc

Corp

2,800

23%
*28

98

Feb

100

Sand

Power

102

7

preferred

Penn

275

1
8

9% Feb

Co

Pennsylvania

20

50

Cement

13%

101%

•;

Feb

113¥4 Mar

Mar

133/4 Feb

109

Co

43%

54%

54 ¥4

325

Feb

107

STOCKS

May 28

13 ¥4

*54

Jjn
Dec

290

15

10 ¥2 May 21

13

Airlines

"

Wednesday

May 27
$ per share

May 20

103 ¥2 Jan

13

Co—

Coke

LOW AND HIGH SALE PRICES

$ per share

250

25

new

C)
&

Glass

5%

19 ¥4

18%

-

May

5% Jan

Co

Ford

Coal

Penn

19%

*46

76

Feb

&

35

*41

41% May

168

Penick

34 ¥4

*41

3 7 ¥4

Oct

Oct

May 29

700

35

*108

Dec

53 ¥4

1223A Oct

35%

*33 ¥2

40 y8

17

16 ¥4

21 ¥2

40% Jan

Inc

&

-;.4o
*7%

20% Feb
25% Feb

No par

Proof

Rust

Jun

627/a Jan

104 ¥2 Jan

Consolidated

Davis

Jan

135

2

Patino

*34%

79

129 ¥2 Jan

2,400

10%

Feb

May 19

1

Ref

Pictures

Park
Parke

&

preferred

conv

Parker

99

Sep
Sep

54

Corp—2%
5

Inc

Cos

Park

11,300

29%
8 ¥2

26

35

10%

8%

10 5/8

Jan

3

Ti-ansportaMon—No par
Mines & Enterprises—*_—5

8%

10

61 ¥4 May

37

Jan

Parmelee

8 ¥2

103/4

353/4

24

500

8 ¥4

10 y4

Oct

16

1,200

83/8
11 %

13%

Jan

1

8%
10%

3

10

'

8%

Jan

223/a Feb

May 17

Line—No par
100

preferred

Panhandle

200

36%

Airways

Panhandle East Pipe
4%

69 ¥2

50

Petrol & Transp

2,800

:

2%

36

Corp

Oil
Car

American

Pan-Anier

Paraffine

10%

8%

Packard Motor
Pan

Oct

10

Consol'd Corp

4,600

5 ¥2

Apr

36 ¥a

No par

preferred
Tin

32

Jun

343/4

10

S
10

100
100
1

Teleg

&

Pacific

*108

¥4

6%

109 Va

Nov

No par
No.par

Electric

&

Oct

18 ¥a

—

Pacific

108

24

Gas

Rights

95 ¥4

4

25

preferred non-cum
2nd preferred non-cum
Pacific

3

No par
No par

Inc

Co

1st

Pacific

108

24¥8

Coast

Feb

21% Feb

46% Feb

19

Oil Co

Pacific

Sep

Jun

30%

May 23

»4.40%

Pacific Amer Fisheries

Apr

45

27

31% Apr

100
No par
Oklahoma Gas & Elec 4% pfd—20
Oliver Corp
No par
4 ¥2%
convertible preferred—100
Omnibus Corp (The)
0
8% conv preferred A
100
Oppenheim Collins
10
Otis Elevator com
—
No par
6%
preferred
100
Outboard Marine St Mfg
2.50
Outlet Co
—No par
Owens-Illinois Glass Co—-—12.50

50

7

May

Apr

Edison Co
preferred

Ohio
Ohio

Oct

Oct

2

32% Feb

43

19

10
___2o
—-50
No par
2.60

preferred
Telegraph
Tire & Rubber
Pharmacal Co

cum.

140

45 ¥b

*62

4.6%

800

'

•

106 3/s

62

pfd $3.60 series
Northwest Airlines Inc
Cum

400

28 ¥4
108

109 ¥2

¥a

35

6,900

,

45%

36

*33 %

f

L

lis
55

1063/8

*35 ¥4

10 ¥a

£

,.

40

*58

24

2%

,

62

39

2%

¥4

'

29%

*58

24%

*38%

32

14

*104

6%

4 ¥a

107/a

13 ¥a
44

44

155

5 ¥2

10 ¥4
*

1063/8

159

5 ¥4

14

X43¥2

62

"

10%

*13

*106 ¥2

4 ¥4

4

f

28%

¥4

157

3%
5%

1
55

28

107%

*157

.

20

180

*35% 7 35%

1

56

*27 ¥2

.,

%

*106

*27%

700

1034

11

523/4

*27

35 ¥a

2,000

*10¥s

29

1

72%

10 ¥2

53

35%

10 ¥2

72

53

*50

*55 ¥8

10

103/4

72

*51

11%
53

*27

•

72

*10

9%

97/a

*9 ¥4
53

,

3,300

22

72%

*10%

4,100

100

92

¥4

*71

2,400

8%

22

-*21

30

7,200

18%

8%

25 ¥2

600

23

9 8 ¥4

8 ¥2

*82

34%

IO934

18 ¥2

9

*154

*33 ¥2
*109

98
•

8 ¥4

8%

*99

*.

140

113

40 3/4 Jan

11 ¥a May 19

-1

Northwestern

101 ¥4

110¥a May

Dec

53

100
(Minn)
No par

Pacific Ry
Northern States Power Co
Northern

Nov

Nov

106

18% May 19

-50

Northern Central Ry Co

7,600

23

13%

8%

2,900

13

135/s

18%

DAY

16 ¥4

25%
103 ya

80

—10

Rights
North American Aviation

36

*7 ¥4

*99 %

33,100

non-cum
American Co

23 Va

*35

7%

33%

pfd

Adjust 4%

102
133/a

101

13%

*103

North

98

153/4

7%

v

~7%

*95

15%

*13%

33%

7,000

CLOSED

12%

36

110

1,130

EXCHANGE

25 ¥2

Jan

13

7

102

323/4

22
Sep
109% Aug

Dec

Mar 11

108 ¥2 Jan

12

100
10O

Norfolk & Western Ry

22%

23 5/b

36%

123

25 Va

25 ¥2

MEMORIAL

98

101

23%

*119 ¥2

123

200
STOCK

4%

73%

102

12%

24%

24 ¥2

14%

36

*119 ¥2

¥4

*95

15

23%

*109%

200

43
229 ¥2

99

14%

15%

98%

*42

7%

*95

100

15%

*98

Feb

Mar 22

98% Mar 24

Y Shipbldg Corp

98 ¥4

38

106

Dec

17-% May 20

Y Power & Light

N

224

4i'v

7%

7%

*95

N

43

H

50
3.90% pfd_100
part stk
1
N Y State Elec & Gas Corp—
$3.75 cum preferred —_——100
Noblltt-Sparks Industries
0
Nopco Chemical Co
4

NY & Harlem RR Co

223

18

16 ¥8

104

32 ¥8 May 19

No par

preferred

30

*32

29

16

$ per share

Oct

24 ¥1 May 21

Varm

Dock

non-cum

500

*42

24

$5

113/4

*119 ¥2

123

N

*11 ¥2

219

Apr

10

183/4

35 ¥2 May 20

100
100
Jfo par

preferred series A
Y City Omnibus Corp

11 ¥s

43

24 ¥2

24 ¥8

31

105

No par
No par

6%

*973/4

33

'

Newport News Ship & Dry
New York Air Brake—
New York Central
N Y Chic & St Louis Co

New York

222

*42

18% Feb

13

102% Jan

—1
r
?
Dock—1

Newport Industries
4 ¥4%
preferred

100

219 ¥2

43 "
222 ¥2

Feb

17

106 ¥2 Jan

13 ¥2 May 29

105

Highest

S per share

24 ¥2 Feb

i

ll¥s

98

*32 ¥8

33

43

12 ¥4

12

¥2

11%

*11 Va

11%

PS'

4 A

2,600

*21%
*52

*220

r4%

12¥a

24

59

105 7A

24%

12

*21

*52

12

260

33

1,100

'

2,900

23

*105

220

23,300

82 ¥2

55

12

*220

10%

500

80%

*21

12

105%

123

36

80

280

24%

81 ¥4

80

80

*35

¥4

*105

*119%

2,300

35%

*220

42

130

18

347/a

59

35

100'

34

*54

221

108

37

59

42

*105

36%

*54

*32

198

23 ¥2

12

*219

20

34

80

*21

11%

200

*105

108

55

11'A

31%
104 ¥2

13 ¥2

99

26 ¥a

31 ¥2

*1033/4

92

13%

12

32 ¥2
104 ¥2

34%

*34

*22 Va

*21

*31 ¥2

26

18

13 ¥4

82

40

*100

100

17%

1,600

107

Corp

Lowest

S per share

18 ¥2 May 19

No par
Neisner Bros Inc
—1
4%% conv serial preferred—100
Newberry Co (J J) common_No par
3% %
preferred
---100
New Jersey Pr & Lt Co 4% pfd_100
Newmont Mining Corp
10
Nehi

Year 1946

Highest

I per share

Par

700

*103 ¥2

33

103 ¥2

Range for Previous
Lowest

EXCHANGE

Shares

133/4

13%

105 ¥»

I per share

20 ¥2

26

26 ¥2

100

18

25%

20 ¥4

133/4

x36 ¥2

36 ¥4

26

*100

20 ¥2

105 ¥4

*105

103

tper share

share

14

103 ¥2

108

the Week

Range Since January 1

STOCK

NEW YORK

Sale* for

May 30

*20

193/4

*31 ¥2

103 %

105

Friday

May 29

106

133/4
106

*103¥8
*

Thursday

May 28

share

193/4

20 ¥2

*103

107%

$ per

share

*14 ¥4

20 ya

"14

14 y4

Wednesday

I per

Monday, June 2, 1947

STOCKS

SALE PRICES

May 27

May 26

May 84

HIGll

Tuesday

Monday

Saturday

■

CHRONICLE

THE COMMERCIAL & FINANCIAL

(2940)

f

Deo
Feb

136
•

Sep

May
15% Feb

106

Feb

Jan

6

893/4

Dec

1

18 ¥4 Jan

2

23 ¥2 Apr

3

17 ¥4

NoV

1

17 ¥4 May 19

26% Feb

10

Xl6%

Dec

>30

Feb

197

July

202

May

200

Nov

210

Mar

100
100

171

May 23

102

203

Jan

2

.>

•yn

26 y4 May

04).

J

11

Volume

165

Number 4599

THE COMMERCIAL &
FINANCIAL CHRONICLE

NEW

YORK

STOCK

(2941)

21

RECORD

LOW AND HIGH SALE PRICES

Saturday

Monday

May 2i

34

7%

33%

7%

*93a

7%

9%

125

61%

32%

7%

9%

*120

73/8

9

125

333/4

333/8

7%

73%

7 3/a

.

93/8

♦120

125

1 per share

33%
'

8%

7%
♦117

Friday
May 30

May 29

9 per share

33

STOCKS

Thursday

May 28

I per share

34

7%

9%

*117

May 27

I per share

34

Wednesday

Tuesday

May 26

9 per share

*117

9 per share

60%

61

61%

62

623%

♦70%

72

627a

*703/4

71

71

71

72

72

71

71

*11

11%

*160

II

11

1&0

18

18

18%

*1178

*

12

21%

117a

217..
20

*19%
13

21%

10%

10%

12%

58%

23%

119%
138

*112

24

1097a

*111%
56 7.
23

*20%

7%

138

21

7%

19%

19%

19%

11%

26%

112

16%

16%

*103%

21%

94%

94%

*10

10%

38

38%

46%

102%

102%

21

21

14%

25%

*7%

73/4

19%

21

*44%

20

.

44

6

6%

103 74

20%

14%
25

7%

103 7.

743/4

28%

7%

2074.

5

5%

245/a

111%
163/s
103 74

Tuesday

$ per share

f per share

44

May 27

44

6

43

6 3/8

8

43

6

19%
21%

8

10%

*

103/a

38%

2874
45

45 7a

103

20%
147a
*25 74

1037.
20%

203/4

14%

7%

193%

7%

20%,

20%

*113

6%
20

217a

113%

77a

8

Wednesday

Thursday

May 28
$ per share

43%

435/8

674
20

215%
113
8

63/4

May 29
f per share

44%
6%

2274

213/4

1133/a
8

113
8

8%

107%

1077a

26%

100

26

100

15%

15%

*90

15%

95

*90

265/a

15%
95

267a

*90

27%

95

13

13

12%

13%

12%

13%

133/a

15

43%

43%

43%

43%

43

43

43 7a

45

27%

27%

27%

27%

*6

6%

32%

*6

32 %

32%

65/8

323/4

x273/s
*6

327B

26%

15%
91

143/4
*45

27

15%
91

15%
46%

273/a

27%

63/4

53/4

3374

33%

34

12

12

12%

*11%

12%

*11 5/8

12

12

12

10%

10%

103/a

10%

10%

11

10%

103/a

10%

11

10%

11

11

11%

*10

11%

28

223/4

*107%
22%

22 3/a

22%

28%

223/8

223/s

22%

28%

28

22%

28

22 3/8

27%

28

19

27%

283/4

29

29

19%

19%

187a

19%

19%

197a

19%

193%

109

*74

*107

79

16%

*7473

16 3/a

16%

108 74

*10774 108 74

79

*74 7a

79

16%

Xl67a

16%

t.

*14%

15%

25%

25%

6%

*14

253/4

6%

4

_

4

67a
*4

14%

17%

*22%

23%

*22 tt

40

*38

40

*37%

31

*98%

100

263%

2774

67a

7

774

7%

77a

4%

4%

4%

4%

4%

40

23%

31

15%

*38%

70

30%
*98%

*67 7a
17

30%

3074

100

*99s/8

1574

3/a

26 3/8

41

*68

16

16

*39

*16%

79

16 3/a

15%

293/4

69

*74%

26 7a

*2974

14%

10874

153/4

29%

14%

*1075/8

26

*29%

17%

*38%

14%
687a
17

23%
39

30%
100

X29%
39

30
39

29%
*39

307a

40%

147a

14%

143/a

145/s

69

70

703/4

71

1774

17

17

*16%
2211

22 52

38

*303%
*99%

*2211

23%

383/4

39

39

317a

31%

31%

100

*99 5/s

100

*25%

26%

25%

25%

14%

14%

14%

143/4

3%

33/4

3%

3%

33/4

37a

37a

37a

37a

6 5/8

37a

6%

65/8

67a

65%

6S/8

67a

6%

6%
54

*52%

15%

15%

39%

39%
159

*155

6%

*52%

*25

14%

54

15

*52%

143/4

54

*52 7a

54

*52 7a

253/4
147a

54

15

14%

15

147a

15

40%

41%

4374

43

4474

*157

26

26

25%

26

36%

36%

see

25%

143/4

15

31%

footnotes

257a

145/B

3974

31%

363/4

257a

1474

15%
158

31%

For

253/4

39%

39

158

31%
36%

pfd

Sep
Oct

307s

Jun

103

Sep
Sep
1143/4 Aug

115%

Jan

108

126

1397s May

1197a

Jun

150

Jan

112

1

Nov

117%
69%

Jan

Feb

10

10

6172 Feb

3

47%

Sep

193/4

Feb

8

Jan

Feb

28% May
115% Jun

May
1
May 19

10974 Jan

17

107

Oct

86 y2 Feb

4

30

Sep

38%

Mar 14

23% Jan

19%

Feb

287s Aug

27

Feb

7

9

Not

4

76%
15%
100%

Deo

96 Vn Mar

2

Oct

28%

May 28
283/4 May 19
173/a May 19
35% Jan
3

10572 Mar 12

1672 May 17

217/a

50

preferred

41

50

1st pfd

with

25

warrants

1

Republic Steel Corp
6% conv prior pfd

No par
IOO

ser A

Revere Copper & Brass
5% ft preferred

No par

IOO

tRexall

Drug Inc
Reynolds Metals Co

17% Sep

33
39

18
8

163/4 Sep
40
Sep
36% Oct

4

Jan

18% Feb

31

Apr

112%

Deo

16%

Oct

1173/4 Mar 13

76%

Sep

125%

Jan

26%

Dec

45%

Apr

14%

Nov

74

Dec

297a Feb

13

8

9

102

32% Mar

Jan

2

100

Oct

81% Feb

7

20

Oct

-

19 % May 27

Jan

Sep

8

May 13

46 ya

Nov

18

May 19
10374 My 28

Feb

Jun

123/4

8474 Feb

14

Apr

63%

15

17% Feb

5
May 17
1172 May 21
2272 May 19
11072 Jan
3

May

33%

99

167. Feb

403/a Feb

7

Nov

11

1087a Mar

11% May 28

13

Feb

32%

757a May 27
2474 May 19

May

Feb

49%

14

38

9

2472 Jan

Jan

Apr

112%

10

"

2.50
-No par

2

Dec

44% Jan

3

May 16
85
May 17
207a May 21

100

Dec '

32

19

Feb

43/a May 19
10

10

3872 Feb

97a May 17

Corp.
50c

Feb

2574 Jan

11

No par

1

Mar

10074 Apr

IOO

Corp

41

3474 May 22

5

$1 conv preferred

9% Jan
8% Feb

7

15% Feb

4

13%

30% Feb

21

11374 May 28
10972 Mar 31
110

Feb

27% May
101

May

50%

Jun

105%

Apr
34% July

7% Nov

24%

Apr

7

Dec

17 y8

Feb

Oct

21%

Feb

24%

Oct

40%

Feb

1077a

Oct

118

Sep
Sep

110%

3

18

Apr

7

113/4 Feb

8

39

Jan

2

24%

124

Jan

28

.

97

972 Oct

Apr

31% May
Jan

18% May '
45% Jan

(R J)

3.60%

Mfg

10574

9
May 19
3674 Apr 14

16 3/4 Feb

7

12%

Nov

28%

Feb

10

447a Feb

4

3674

Sep

46%

Jun

45

50

Feb

3

43

Feb

100

101

Jan

104

Feb

Nov

1

Tob

Sep
Sep

10

5%% conv preferred
Reynolds Spring

19

100
1

class

B

series

90

May 27

May 29
20

6

100

Apr

14

25% Feb

3

19

No par

133/4 Jan

16

16 3/8 Feb

10

No par

2372 May 16

Co

Corp
Ritter Company

Antelope Copper Mines

Ruberoid

10% Feb
80% Feb
153/4 Jan

102

No par
1

Motors, Inc

Reynolds

77a May 19

Apr 15
105/a May 21

100

Remington-Rand

7

31

Feb

3

May 19

|

187/a May 19

1

(The)
Ruppert, Jacob

Deo

136

Jan

50% July
108% Feb
38

Jun

12%

Oct

20% May

25

Oct

44

1074 Mar 31

20
May 19
42% May 19

243/4 Mar 31

No par

Co

page




307a

161

313/«

26

23.

26

357a

5

36%

*157

307a

160

317a

•"157

31%

Sales for

67a

Apr

Oct

13%

Feb

17

Oct

30%

Jun

Jan

6

40%

Sep

65

2674 Feb

21

21%

Oct

34%

60

May
Jan

800

5,600
120

EXCHANGE
CLOSED

MEMORIAL
DAY

161

31%

X257a

26

2674

2674

363/4

38

37%

387a

Range Since January 1
Highest

EXCHANGE

1,500
28,300
400

4,700
560

1,400
10

9,000
900
600

Par

St Joseph Lead

10

St L-San F Ry Co com
vtc
Pfd

100

Safeway Stores
5% preferred
Savage Arms Corp
Schenley Distillers

5
inn

a

Corp
1,75
Paper Co
No par
$3.40 cum pfd
—No par
BcovlU Mfg Co. 3.65% cum
pfd-100
Scott

3.35%

cum

(The)

5

pfd

100

Seaboard Air Line vtc

&

2,700

Servel

1,500
1,400

Sharon

Steel

3,000

Sharpe

&

Pen

50

Steel

Smith

1,400

5,300
10

2,600
2,400

15,600

Sep

93% Nov

116

May
Dec
Dec

Mar

11% Feb

8

18

Jan

553/4 Jan

2

53

Nov

100

497a Jan

7

42

Oct

61

Aug
July

4

100

Dec

110%

Jun

Dec

102 %

Nov

37%

Jan

9672 May

1

10072 Jan

9674 Jan

3

1013/a Apr

16

14% May 19

18 Va Jan

20

91

May 29

1174 May 19
Mar

8

98% Mar

953/4

3

17%

24% Feb

13

55

Feb

15

42

Sep
Sep

77%

Feb

30

May

2

23

Oct

39%

Apr

6% Nov

17V4

Feb

49%

Apr

1072 Feb

2

35%

167a Feb

8

10% Nov

23 % May

1674 Feb

11

13% Nov

22% July
24% Jan

Jan

3
7
2

No par
No par

25

36

Feb

18

No par
—No par

1

10% May 19
107

1
5

♦0%

Feb

18

333/4 Jan

6

23

Jan

39% May

May 23

82

Feb

19

77

Jan

16

May 10

17% Sep

91 % May
26% Apr

273/4 Feb

21% Feb 18
22

Feb

10

157a May 29
247. May 19

30% Jan

6

6 3/8 May 19

972 Feb

17

4

6% Feb

8

41

Jan

7

Apr 22

51

Feb

21

No par

14

May 19

1672 Jan

65

St

Iron

Mar 15

20

15

No par

10

Apr

43%

Jun

8

Deo

17%

July

5%

Oct

14%

33

Nov

66%

38%

Jan

61

Feb
Jun

May

8

15

Oct

20%

Jan

7372 May 1
20% Feb 13

54

Jan

85%

Jun

May 20
213/i Mar 20

14

Sep

27%

233/4 Jan

29

21

Sep

24 %

Apr

38

May 20

58

Feb

7

42

Oct

91

Jan

2972 May 19

39

Jan 23

353/4 Nov

65

May

98

Apr

2

2574 May 20
133/4 Mar-14

101% Jan

99

Feb

Dec

108

July

29% Sep
1374 Oct

7

35% Jan
1572 May

4P

May

18%

Jun

1

37a May 20

574 Feb

4%

Sep

8% May

7.50

672 May 17
515/8 Jan 24

8% Jan

7%

Deo

9

Nov

5472 Apr

52%

Dec

61

Nov

14% May 28

22 3A Jan

20%

Dec

22%

Sep

69%

50

Co

113% May
32% Apr

(76

39

No par
No par

Southeastern Greyhound Lines
5
South Porto Rico Sugar
No par
8% preferred
100
Southern California Edison
25
Southern Natural Gas Co
7.50
Pacific

Oct
Dec

17% Oct
23% Oct

May 19
May 19

14
2772 May 19

& Sons

preferred

12%
105

Nov

Co

South Am Gold & Platinum
South Carolina E & G Co

Southern

1103/4

64

39

Carpet Co
20
3%% cum preferred
100
Smith & Corona Typewrlter_No
par
Socony Vacuum Oil Co Inc
15

6%

3,100

774 May 19
2372 May 17
4172 Mar 14

15

500

4,200

9

Jan

$1.20 preferred
Smith (A O) Corp

400

4

Jan

Jan

Corp

400

22,300

114% Mar

112

16% Feb

Skelly Oil Co

(A)

34% May

25

Simmons Co

Sloss-Sheffleld

Nov

110

Simonds Saw & Steel

200

22

Mar 12

of America
Coalition Mines

Oil

3

20% Apr 15

Corp

400

Sinclair

33

Sep

9% May 19

Union oiI"*ZZZZZIZZZZ-IZZl5

900

10,400
1,000

12%

Dec

1172 May 14

1

Dohme

Silver King

Dec

30%

30% May 19

JNo-par

Corp

Shattuck
Sheaffer (W A)
Shell

118/a

2

5% May 17

'

common

pref ser A
(Frank G)

Sheraton

2

23

700

900

2

12% J an
32% Jan
2472 Mar

May 19
207a May 19

393/4 May 17

Co

conV

7,500

5572 Jan

May 19
57a May 19

1

$4.50 preferred
Shamrock Oil & Gas

2,500

45

Highest
$ per share-

5

Co

Seiberling Rubber

800

I per share

No par

Co

Seeger Refrigerator

$3.50

Lowest

share

5

1,100

inc

per

18

No par

Seagrave Corp

$

42

No par
100

5% preferred series A
Seaboard Oil Co of Del
Sears Roebuck

f per share

No par

series A 5ft

Scranton Elec Co

Year 1946

Lowest

Shares

9,600

STOCK

Range for Previous

NEW YORK STOCK

the Week

700

223/4

,

105% May
41
July

31

STOCKS

23,900

10%
113/a

108%

'

Mar

Deo

Feb

Apr

May

177a

257a Mar 28

70

1

Richfield Oil

900

678

*107%

69

20

50o

& Co

Rheem

24,300

113

15%

26

Friday
May 30
S per share

223/8

1007a

*23 11

25

No par
-No par

Inc

(Robt)

Preferred

300

.

23 74

15%

*16%

107

10

Common

600

778

22

*100%

14%

98%

21

Apr
1147a Feb

2

1117a Apr 16
5174 May 19
2174 May 19

100

Bros

2,200

447a
-

22%

10073

41%

Corp

Royal Typewriter

100%

14%

Reis

200

4434

*39

Reeves

1,100

23%

4%

142

preferred

4% non-cum 2nd
Real Silk Hosiery

21%

443/4

6%

Jan

25% Feb

25

4574

23%

30

127

16

50

1st

non-cum

21

44

,

67

May 28

$2 preferred
a%

45 3/4

98%

'

Ref

Rayonler Inc

Roan

43%

4%

71%

Nov

1027a Feb 13
38% Jan
2
11U

Reading Company

1,500

*97 7a

6%

Oil

77a

443%

*29%

63%

Oct

32

119% Jan 31

No par

Ralston Purina Co 3%%
Raybestos Manhattan

2,000

26

98%

16

Dec

83

127

Radlo-Keith-Orpheum

500

14%

253/4

*43%

25%

38

2

24
1097a May 14

100

Radio Corp of Amer
$3.50 conv 1st preferred

150

21

14%

*97%

25%

6,000

1023/4/

26

77a

19%

1023/4

98%

*15

330
400

38%

46%

38

44%

16%

5,200

11%

74

*457a

98%

79

300

6,200

9574

*43%

16

20,900

95

26 3/4

*74

17
11

32% Jan

117

No par

Republlo Aviation
Republic Pictures

700

17 5/s

98%

18%

Feb

6f»% Jan

213/a Jan

No par

Purity Bakeries Corp

Quaker Stats

Feb
Feb

103 % Apr

preferred

Oct

2774
30

IOO

(The)

conv

Reo

5,100

111%

443/4

10%

5%

25

Oct

Nov

par

No par

Sep

14ya

IOO

6,800

,

253/8

26%

12

Pure Oil

20%

117s

100

B% preferred
Pub Ser El & Gas pfd $5
Pullman Inc

22
July
29% Aug

Oct

3

No par

preferred

Preferred

12 5/8

*97%

*10%

Corp of N J com__No

2,400

574/

53/8

*42%

32%

No par
Colorado
20

10

Jun

13

Feb

43

19

Jan
Nov

31%

LOW AND HIGH SALE PRICES

Monday
May 26

8

6%

6,200

287a

*113/4

91

21

113%

33

40

285/8
103

60

46

*19%

*73 7t

10,700

203%

113%

27

May 19

16

May 20
153/4 May 17
9474 May 29
30^/a May 19

preferred

Public Service Co of
Pub Serv

34

Feb

18 3/4 Feb

57

Reliance Manufacturing Co—No par
Conv pfd 3% ft series
100

11%

77a

*453%

114%

*6

cum

50
No par
a

Ino

24

200

12% Nov

243/4 Mar 28

May 17

A

ser

Industries

19

9

900

117a

2174

203/4

22

27

$4.75

Inc

Co

Reliable Stores

1037a

44%

21%

153/4

193/4 May 19

B

Car

6

Jun

May

34%

Oct

113/4 May 17

Steel

300

75/8

203/4

21%

95

13

No par
1

Poor St Co class

Pressed

22%

20%

433/8

21%

100%

Nov

Feb
Feb

92

Oct

200

Jan

96%

Deo

12%

23

Apr

*20 7a

73%

46%

20

*15%
*90

68 %

7

Jan

21

Preferred

203%

20

19%

*99%

Mar 31

17% Feb

1

Pocahontas

40

1,100

7%

10

3/s

46%

14%

193/4

8

103%

91

25

19%
*113%

78
200

B

Creek

11%

24%

*19%

May 24

*43

247a

21

Saturday
I per share

13

Plymouth Oil Co

877a

(5
53%
12

400

105

28

,

200

12%

*100

*44%

45

*19%

92
10

7%

43/4

100

193%

14%

7%

Nov

5

877a

29%

5%

7%
20

25

*20

59

28

x113/4

16%

38

20%

400

1,700

347a

*100 7a

-

29

16 7a

10

20%

X14%

3,000

447a

*10%

103

113 74

38

*103

75

27%

113 74

7%

21 3/s

8

*20%

7%

103%

*73%

24%
111%

20%

*102%

19

347a

-

11%

12

16%

*45%

22 %

11%

4%
5%

10374

10%

300

3674

187a

105

28

16

46%

90

31-

3678

115/8

273%

12

111%

38%

13,100

207a

*43

34%

*20%

*100

38

500

1174

207a

18%

34%

*100

4%

90

18,500

1037a

*30

113/4

16%

*45%

100

8%

113/a

45

87%

103%

*10

600

72%

*102

37%

173/a

11%

76%

23%

95

*36%

*100%

16%

*92

8

11%

85

5%

112

25

-

213/4

723/4

102

11%

27%

12

24%

20%

14%

*25

•*,

11%
102

102%

27%

5%

23%

7%

*21%

*45%

105

103%

105

7%

75%
26%

12

8

86

*100

43/4

5%

*110

/ 11,900
(

28

*203/4

73

*10%

113/4

28%

7%
73

*43

21

27

12

24%

363/4

11%

4%

5%
12

21%

303/4

11

113/8

102%

28

27%

20%

34%

*83

77

*100

♦20%

20

21

*76%

5%

7,400

23%
108

.

*100%

11%

77

/

20

567.

23 7a

*106 "7a

27%

27%

*30

21
12

4%

30

111%

56

23%

30%

17%

11

89

21

102%

46

*33

106

*11%

4%

*109%

363/4
17%

11

*83 %

28%

136 1

*1117.

108

19%

*43

34%

11

11%

19

373/a

*33

27%

23%

♦106%

7%
73

11

17%

12

24

*72

44

102%

56

135%

Mar 29

14

22%
141

R

8

17%

27%

21

*295/a

*100%

108

27%

31

11%

111%
56%

23%

30%

88

111%

56

93

31%

21%

137

112

102%

*83

136

74

24% Feb

1%

104

*21

30

100

Oct

1474 Jan

770

*102%

105

3,400

DAY

103

May

Publlcker

MEMORIAL

Mar 31

11

640

103%

12

98 7a

100%

Oct

119

May 15

48% Jan

Dec

9%

1774 May 16

230

CLOSED

*977a
*1007a

Jan

7%

8

S

111%

102%

*10%

347a

23%
107%

Apr 22
74 May 17

Highest
t per share

Sep

14

Feb

1

118 7a

73

34%

347a

9% Feb
13

107a May 19
171

100

(The)

110 3/s

11%

44

Co

100

Plough Inc

1187.

11%

*33

35

pfd

30

I

Pond

1

111

73

*36%

Pittston

118%

11%

36%

100

67

117

73%

17%

59

110%

*106%

21%

46

100

1183%

112

27%

7%

A

110

11%

19%

33
23

class

4% % preferred
Procter St Gamble

—

*20 7a

8

*72

323%

'

27%

21%

preferred
5%% 1st ser

2,600

STOCK

EXCHANGE

x553/4

*106% 108

29

18%
947a

106%

114

$5 preferred
0% preferred

23 3/a

23%
108

*28

1874
9474

23

100

pr

9 per share

427a Feb

21

May 19
77a May 28

B

conv

Year 1946

Lowest

I per share

7

f

-No par

class

117%

56%

23 74

*106%

18%

943/4

No par

Co

2,500

60%

18

1063/4

*137

1127a

56 3/s

6074

20ft

3274 Apr

preferred

109%

119

138

1127a

5674

6,600

94%

225%
106

1107a

119

*137

700

10%
39

173/4

323/4

1063/4

60%

593/4

800

95

*93%

33

1067a

*137

59%

17%

95

33

23%

*119

58%

18%

1,700

137a

107a

1107a

12

13 72

*36 7a

10672

26%

13%

13%

10%

23%

♦28

13

363A

10672

*100

20

10

58%

700

# per share

10

Pittsburgh Si West Va
Pitts Young Si Ash pfd

600

21%

20

36%

*110

♦76%

217a

20

10%

33%

12

21%

20

36

59%

*33

*11%

21%

20

*193/4
10

17%

*100%

117a

36

*947a

17%

11

107a

187a

36%

11%

21

36%

947a

*44

1974

10

18%

1,100

180

Steel

5%

-

70

18%

*35%

94%

*31

11%

230
.

12

*160

103/a

*58%

1%

■

19

36%

*35'

'

113/a

12
1M

*18%

11%

21

13

11%
*160

173/4

*11%

20

13

180

173/4

21%

.

11

*160

12

20

13

Pittsburgh

—

*160

180

*1772

Plate Glass Co
Pitts Screw & Bolt

900

Range for Previous

Range Since January 1
Highest

Lowest

Pitts

1,800

9%

62%

STOCK

fmr

125

*60%

YORK

EXCHANGE

4,500

7%

61%

NEW

.

Shares

34

97.

125

Sales for
the Week

No par

3774 May 19
154

May 19
30% Apr 25

56

Jan 18

17072 Jan
34 ya Jan

-2372 Apr

18
19

477. Feb

193

Deo
Feb

9

167

Dec

7

30

Sep

22%

Jan

31% July
33% May

387.

Oct

70

287s F*b

i3472 Apr

48 Mi

8

May

Jun

,

Monday, June 2, 1947

COMMERCIAL' & FINANCIAL CHRONICLE

THE

(2942)

RECORD

STOCK
4.

Range for Previous

STOCKS

LOW AND HIGH SALE PRICES

29%

30%

60

59

59

*57%

59

76%
17%

*73

78

75

75

*74

*17%

18

17%

17%

*17

4%

4%

8'A
89%

*81

*81

89%

*49

50%

50%

18%

18%

18%

*14'A

34

19%

51%

51

51

*50%

52

18'A

18%

9%

9%

9%

9%

9%

9%

77'

76%

76%

CLOSED

14%

14%

14%

15

15%

34%

*33

35%

DAY

111%

28%
X98 %

98%

18%

19%

19%

21%

19%

19%

93

92%

92%

55'A

55'A

55

55%

55

39

39'A

39

39 'A

69%

69%

69%

70

27%

27%

27%

27%

♦103%

104 %

*103%

12%

12%

85

*88

96

97

98%

55%

56

55%

40%

39%

70%

70%

27%

27%

*103%

•

27%

104%

*103%

12%

12 %

*103%
11%

12
42

*41

42%

*41

*37

*40%

42

39

*37

39

*37

38%

*37%

13%

*12%

13%

13%

13%

14%

14%

15%

15%
20 %

15 %

15%

19%

*19%

19%

12

17%

17%

17%

17%

10%

10%

10%

10%
107%

*52%

121%

♦120

8%
32%

34

3,900

18%

18

11%

107%

107%

52

122

10

52

900

*120%

8%

8%

x8%

8%

8%

9%

18%

18%

18%

18%

18%

104

*102

14%

15%

15%

37%

*37%

16%

16%

1,400

15%
39

200

17 Va

600

*36%

37%

*36%

38

*36%

38

*15

16%

*15

16%

*15

16

16

32

x30%

31%

31%

31%

32 %

32

31%

*31%

24%

25

31%

300

-

104

104

14%
X37 %

14%

1,600

19%

18%

104

*102

102

102

14%

14%

14%

2,700

1

3,600

24%

24%

23%

24%

23%

23%

23%

21%

22%

21%

21%

22%

22%

22%

22%

22%

22%

98%

98%

98%

80

99%

99

6%

6%

6%

6%

6%

1,100

10%

10%

99%

98%
6%

6%

6%

6%

4%

5

100

Talcott

4%

*4%

4%

200

14%

14 V*

14%

1,100
8,500

Texas

Co

900

Texas

Gulf

1,900

Texas

14%

14%

14%

14'/a

14%

60%

60%

59 Va

60

59

59%

59%

60%

59%

60%

12%

12%

12%

12%-

12%'

12%

12%

12%

12%

47%

47%

47%

47%

27%

27%

27%

20

19%

20%

45

46'A

27%

*45%

46%

*15%

16

*55

55%

*55

*13%

14%
10%

io %

16
54

55

*13%

14

10%

10%
52%

10%

6%

7

17%

18

19

40%

x40%

40%

4

18%

18%

18%

7%

40%

41

4Va

3%

22%

21%

*105

16

16

*42%

16

16

15%

43%

43

43%

43

12

11%

%

*12%

12%

11%

14%

14%

14%

15

14V4

16

14

14

*13%

*14

*17%
28%
*35%
*102%

*98

102

*100

102

*100

5%

5%

5%

5%

5%

15%

15%

16%

16%

16%

44

44

43%

44%

11%

11%

12

11%

11%

14%

14%

"*14i/4

16

17%

17%

28%

27%

27%

*102%

37

102%

102%

8%

11%

S per

33%

102%

*102%

39

11%

11%

12

*39

11%

20

2,000

May

6

34%

Nov

55

13

98%

Dec

99 y*

2

20%

Oct

60% May

Oct

135 %

Apr

149%

Apr

18

125

Feb

19

78

Oct

58

Feb

10

42 V8

Feb

59% Aug

Feb

49% May

114% Feb

42

45%
10 V8

Friday

71% May

27%

*10%

10%

10%

10%

*28

28%

27 %

28

-

May 30

Jan

29

17% Feb

1 per share

( per share

Shares

1 per share

47%

lOVa

10%

27%

28

29%

29%

29%

99%

100%

98 Va

987/a

114%

*113%

114

*113%

16 Va

Oct

26% Aug

Jan

41 %

Jan

63

104 V2 Mar

102 Va

*102,

105

*103

105

99%

*103

*ioiy8

102

*101%

102%

*101% 103

*101%

103

25% Feb

23% Feb

10% Feb

113 %

•112

19%

*28

29

*64

66

2%

3

2%

50%

51%

*50%

*

4%

4%

4%
*64

*19 Va

19%

1

4%

4%
65

66

2%

3

51%

51%

7

6%
*77%

*11%

12%

*34

35

$3.70

Preferred

♦64

2%

3

51%
6%

51

6%

*19%

-

29%

„

29

*2-7%

4%

4%

*63%

65
3

2%

51

51%

*6%

6%

80

80%

11%
35

.

600
4,700
100

:

12,400

, -

5%

13

Jan

Jun

52

Feb

68 y* Aug

61 % May -9
14 % Mar

27

30% May

16

21 Va May

Jan 13

;

47,400
600

300

35%

36

58% Feb

*

Sep

60%

Oct

32%

28
18
21% Feb 18

14 Va

Oct

26% May

35

Sep

65

May

13 %

Sep

18

Sep

May 17

59% Feb

13

47

Sep

61% July

May 19

17% Feb

13

15

Sep

30 V* May

13

106

United Biscuit

91%

17%
85

.

14 Vi
90 V2
*193

17%
*80

14%
91 Va

196

17%
85

footnotes see page 23.




14%
,

91
*193

17Vt
*80

14%

16'%
103

14%
92 Va

196

171%
85

Fast Corp—
No par
Cigar-Whelan Stores
30c

$3.50

16%
15

91%
*192

17%
*80

.14%

143/4

17

17

102

*101

15%
92

195%
18

United

69%

Jun

Oct

112%

Jun

13%

Jan

68

Jan

24 y«

Apr

102

99 %

Nov

16 Va

Oct

26 %

Jun

51% Feb 13
15% Jan
3
22"% Jan
6
19% Feb
3

38 V*

Oct

66 V*

Jan

13 Va

Oct

21% May

18%

Dec

71

14

Dec

33%

7

57/a

Oct

12%

105

May 21'

105

40% May 13

;

14

May 13

.

5y8

Corp

United

common

—,

Dyewood Corp__,

Preferred

United Electric Coal
United

*15%
92%
*192

18%

5%
1

143/4

16%
93% '

500

3,300

17%

Engineering

5% May 19

.

7% Feb

101% May 21

4

112% Feb

xl02% Feb
.

20
21'A Feb' 20

103% Mar

27

16

7% May 13

38% May 19

51% Feb

.

15% Mar

9% May 19

600

•

U

S

Cos—

1

16*

*80

Jan

Feb
Jan
Mar

22% May

Sep

U S

2,400

U

900

U

1%
S

105

20

Apr

120

Api?

14
15

Jan

3

Feb 10
Feb 26
38% Feb 10
21 Va Apr

109

16

10

32
8 V*

6% May

33

83

May 21

11% May
May

44% Jan

'

,

—100
——10
No par
No par
No par

Gypsum

Co—

preferred
Hoffman

Mach

preferred

Corp

-—20
109
5
—100

105% Apr
12

Jan

188
16

Jan

16

Feb

43% Jan
51
19 V*

16
16

19 V*

Feb

21% Feb
,106

Jan

Feb
107% Feb
18 V*

196 % Mar

23

7

Feb

110% Apr

33% Jan

May 17

86% May

Jan

24 Vt Jan

May 19

Jan

Feb

V 95

15% May 19

86

Jan

53 V* Mar

14

102
May 28
12% May 19

Feb
Feb

4Va Jan
10 %

12% May 17

-

80% May

Sep

23%

Apr

Nov
Jan

39

May

88

Sep

125

Apr

111

Jun

115%

Jan

106

Feb

111

Dec

107 Va

__

20%

29

Nov

Oct

Jun
May

110

Oct

168%

102%

Oct

120 V* Mar

Jan

37%

16% Nov

Jan

119

Dec

101

Feb

42 V*

Sep

32

5

Mar 27

31 Vi May

.

•

2
28
22
20
17

Highest

I per share

12

54V*

19% Nov

2
1
19% May 26

16

2% May 19

Jan

23

28% Apr

26% Jan 15

49% Jan

May

Jan

Jan

120% Apr
'

29% May 19
4 % May

13

137

15

21% Jan
107 % Mar

Feb

79

share

49

Feb

111

May 21

103 % Jan

$ per

103% Apr 15
22% Jan
7

14

X20% May 27

Foreign Secur

4%%

99% Feb

1

preferred
Freight Co—

S

29

63% May

106%

Lowest

7
25
34% Feb 17
100% Mar
5
115
Mar 31
58 %

15

89

78% May

No par

Co

$4.50

195%
86

Feb

Range for Previous
Year 1946

15% Jan

!

104% May 14

5

5

St Fdy

Paperhoard

&

'A Jan

xll2% Jan

65

"

18%

114

Sep

105

f per share

$ per share

Improvement Co—13 Va

preferred

United

20

104

112

May 21

21% Feb

15% May 19
„•

100
1
5
1

*

$3 preference

'

86

21% May

Oct

.108 % Feb 24

2

102 % Jan

100

preferred.

conv.

9,000

14%

18 V*

Oct

Nov

28

Gas

102

Mar 10

Dec

14%

17%

19 % May

United-Carr

United

109%

16

Nov

16

38%

5

.No par

new

Fruit

*107%

14%

Co

United

109%

♦101

Jun

20% May

100

United Merch & Mfrs Inc com_,

*107%

16%

—10

,

United

108 Va

14 Va

Inc

1,600

♦107%

103

100

preferred
Lines

(ium preferred

9,100

108%

16%

Feb

20%

May 19

16% May 19

United Carbon Co. new.,..__No par

600

14%

*14

70

Oct

May 19

30

47%

14%

*100 %

Oct

32

—5

21

14%

Feb

Sep

9%

3
1

.No par

46%

14'/a

17%

10
48

7% Feb

105

21

14%

Jun

39% Feu

100

47%

131/4

Jun

Oct
Oct

—100

21%

14 V*

*107

2

.

4

—25

Co

preferred-

47

13%

July

46%
21

25% May 19

21

47

21

.

Air

4%%

30

12%

36

18

9% Mar

28

53% Feb

13

13

RR

Car-,

conv

United

1,000

7

19 V* May

25%

.No par

non-cum

Union Tank

30

81%

46%

196

For

"

'

Jan

Sep

9% May 17

"

X20%

14%

17%

\

3%
51%

21%

14%

*80

..

65

47%

16%

91

11,800

.

21%

104

*13%

"•

4%

46%

108%

16%

1

16%

Dec

43% May 19

.No par

series

United Aircraft Corp

500

19%

14%

*14

'

*78%

11%

35

■

29%
29

4%

200
•.'

23

*12

81

11%

800

6,900

106%

Feb

109% Aug

Nov

Jan

.No par

,

$3.50

'

DAY

114%

22

14%

*193

35

35

'

4%

7%

6'A

—5

.

.No par
Union Carbide & Carb
Un El Co of Mo pfd $4.50 ser No par

200

MEMORIAL
,

47%

47%
*21%

♦103

11%

4%'
65

22%
*113

19%

■29%

29.

12 Va

•107

19Va

29

82

*34

v

30

*11%

•6

-

106%

107%
22%

29%

29

*78%

7

19%

31%

Jan

41

Nov

101

Range Since January 1
Lowest
Highest

Co„.

Ruber

Union Bag & Paper

20

18%19

113%

29%

81

*6%
*77

21%

113%

*106

*27%

30 Va

30

30%

30
*28

•

*31

18%

36V*

14%

.No par

Corp

Asbestos

Pacific

31%

Feb

i

11%

13% May 17

Par

Preferred

20%

41 y8

7

5

^

Union

IO71/2
22%

Nov

7

Feb

14

,

10% May 17

STOCK

YORK

Union

114

Nov

19%

■,

Jan

1,600

21

Sep

25%

.2
28% Feb 13
104% Mar 11
27 % Jan

Apr

Aug

31

1
28

21

18;

par
1

—

3,300

114

Apr

37% Jan

55 y*

Sep

3% May 17

10

Co

STOCK

20%

Dec

23

Jan

•

Apr

Coach

CLOSED

*106

Nov

13%

Apr

EXCHANGE

21%

19%
38

26 Va

127%

107 Va

7
5

Nov

108%

112

Feb
Mar

May

ii y«

126%

20%

Apr

160

Oct

102

116% May: 2

Aug

5

*107%

21%

17

35% May

18

109

112

24

Oct

71%

127

*106

56 %

Oct

17%

Dec

20%

21%

Sep

10%

,43%

*107%

106%

42%

6

24

xl25%

21%

2

2

13% Mar

24 %

May

14

Oct

45 Va Jan

19

Jun-

124% Aug

Apr

7%

10% May

147

May

78%

Sep

61%
117

Feb 15

24 y* May
110

-

Oct

20%

106%

Sep

11%

109

*31

Nov

75% Mar 24
122

38% July

Oct

12%
103%

i

7

126V2

.\'xl8Va

18 Va

3

17

Feb dl

20%

18%

11

15% Feb
109 Va Apr

Dec

109

31% "

Apr '1

102%

126 V*

18

23%

35% May 22

20%

*30%

Feb

Oct

3

Oct

126 Va

18 Va

23

14%

Feb

17

Nov

109

31%

Jan

46 y8

126 %
r

21

37 Va

Film

109

177/a

39% May

21% Jan

20

„No par
—^—

20%

31

26% May

24 % Jan

2

110

•

Oct
Dec

17
9*

16% Jan

..No par

1271/2

18%

109 Va Aug

13 Va

20%

May 21

20%

31%

Oct

19% Feb

6

105

101%

May

7% Jan

,12

EXCHANGE

114

*102

Jun

Jan

49

98

Corp

NEW

10,200

97 V*

*113%

18%

53 %

6

Twin

6,200

10%.

97%

31%

Sep

18

59% Jan 30

127%
*109

Jun

37

% Mar

Jan

Underwood

*10%

.

105

20%

56

43

May 19

series
Oil of California-.

101%

Feb

Nov

38 % Jan

Union

10%

105

*102

25

37 %

7

Oct

48

800

46%

Jan

11

38

St'l—. ._No

July

30

108%

Dec

15% May 19

800

47%

46%

124%

97

97 %

114%

100%

11

Feb

49

78% May

Nov

20% Mar

28

Jan

6% May 10

Corp

Fox

the Week

*113%

97%
*112%

61%

8

29

■

26% May 19

Sales for

May 29

45%

37

7

Feb

105

U
46

45%

47

*45%

>

12'A May 23

Oil.

Dec

70

1
—25

—

Apr

36% Jan

STOCKS

Thursday

May 28

f per share

Mar

—No par

Cen

PRICES

Wednesday

May 27

116

—No par
preferred
$4.50 prior pfd
1— „No par
No par
Twin City Rapid Transit—
5% conv prior pfd —— —50

1,800

12%

Oct

13% May 19

$1.50

300

40

107%

Apr

Corp— „No par

20th

100

104

11

Corp.No par

(The)

Williams

Truax-Traer

9,100

8%

*8

8%

39

Tuesday

1 per share

share

36%

40

LOW AND HIGH SALE

May 26

May 24

39

300

17%
29

8

10%

Monday

Saturday

28%

*39

8%

11

11%

11%

*35%

*17%

May

15
14% Feb
5
21% Feb 21
16% Feb 11

R)

preferred—

$6

102

17%

8

40

*39%

40

102%

105%

8

8%

8%
*39

*35%

39

*35%

38

28

55

60% Feb

Tri-Continental Corp

5,400

e%

28%

XI7%

17%

28 %

*98

102

*98

102

17%
.27%

6%

61/8

6

5%

Feb

13% Feb

Associated

&

Transue

33%

54

100
5
No par

Transcont'l & West Air Inc.

100

15

*14

2

9% May 19

JTransamerica

ioo

fctfydOO

15%

15

15

16%

,

24%

17% Feb

41

$3.75 cum pfd called July 1, 19475
Timken Detroit Axle_—-•—
Timken. Roller, Bearing. — ._No par

400

"

Sep

49% May 17

preferred

$3.75

£,300

44

17%

105%

290

15%

50

Co

(J

Water

Tide

6,800

*105

*105

*105

'19%
105%

18%

18%
105

105

500

21%

5

May 16

15% Jan

Thompson

2,400

109 y*

21% Jan

4%

4

Sep

55% Mar 14

Products com
No par
preferred
—-100
Thompson-Starrett Co_—.—No par
$3.50 cum preferred
—No par

1,200

41 Vt

Apr

4

84%

—1

Transit

Steel

Thompson

39%

preferred

conv

Avenue

Thomas

Nov

common—

Co

div

Third

2,100
1,100

Co.——

Co—

14 Va

37% Jan

May
May
Mar
May
Mar

10% Jan

No par

Thermoid

99 V*

*97

Ry

Mfg

Jan

7

46% May 27

1

:pfd

40%

13% May 20

.1

Trust

Glass

conv

$2 Va

7%

:

Pacific

Dec

3% May 16

5
_5
25

Fair

The
800

10%

13

99 V*

18%

18%

$2.40

20

*21%

20%,

Thatcher

14%

19%

13

3%

,

105%

*105

105%

105

4

20%

21%

21%

18%

*97

4%

•

40%'
*97

99%

99%

*98 %

105y2

900
180

.

53%

*12%

19%

*12%

'•40%

10%
*52

7

•7

17%

10%

53%

*52

13

21%

A

54 %

*13%

14%

*13

14

10V*
53%

*52

7%

4

800

t

16 Va

&

18%

101% Jan

18
May 26
Jan 10

10

9
—

Land

Pacific

Dec

25

5% May 19

—No par
Texas Pacific Coal & Oil.
10
Texas

July

56

98 % May 26

Sulphur

Texas

May

104

Sep

20% May 19

Producing

Gulf

27

Sep

112% Feb

—1

Corp
(The)

21,700

„■

47%

16%

55

Tennessee

1,700

I

'•

18%

47%

16

*12 Va

4%

'J

*53%

47

15%

7

99%

18%

21

55 '

40%

21%

20%

45%

45%

*44

13

4

*105

♦

*12Va

*98

21%

55%

13

40%

29

15%

17%

18

*12%

28%''

"

*51%

7

7

20%

28

15%

52%

*51

*17%

27%

■'

48

20Vt

27%

47%

'

*13%

*10%

•

47%

47%

20

27%

19%

46%

43

Inc

11% Nov
92

45% Jan

No par

Telautograph Corp

Jan

18% Feb

* 107 -. Feb

51
118

137/a

90% Feb

No par

(James)

10%

*4%

*12%

*14

.

Apr

Oct

37

7

13

17% Feb

7% Jan 11
32% May 27
8% May 19
17% May 20
1101% Jan 13
13
May 19
36
May 19
14% Jan 2
25
x30% May 27
.• 22% Jan 27

preferred
Symington Gould Corp

*10%
14 Vs

No par

30%

5%

14% Jan

16

1
w_l

Feb

16% Nov

93% Jan
23% Feb

10% May 19
May 19
10,% May 19

No par

•

55% Jan \

May 20
x35% May 13
102
Mar. 14
13% May 17
14% May 19
19% May 19

20

$4

4%

11

*10

11

*4%

4%

*4%

'

*10

11

*10

*98

98%

6%

*98

1,700

-

8

12

,

—1

Swift & Co—
—
Swift International Ltd—_
Sylvania Elec Prod's Inc

2,700
1

24

4

•

Oil Corp
i
_1
Sunshine Biscuits Inc
12.50
Sunshine Mining Co
,—.——10c
Superheater Co (The) —
No par
Superior Oil of Califs——r_—f,—25
Superior Steel Corp
50
Sutherland Paper Co—
'—10
Sweets Cp of Amer (The)
4.16%

3,700
-

9 Va

9

96

41% May 21
37
May 17

...—100
5

Sunray

10,400

9%
33%

33%

33%

Class

Jun

Oct

7% Feb

17
17
11
19
17
23% Jan 3
101% Jan, 6
10% May 19
81
89
50%
37%
63

No par
cum)____100

Oil CO—
A pfd
(4%%

Sun

122.

9

9

8%

33%

18%

104

14%

108

52

122

9

33%

1,000
•

*107

52

*120%

51%

1

■

Stone & Webster
Studebaker Corp AThe) ■
Sun Chemical Corp
$4.50 series A preferred

3,300

11%

:

Corp
Stokley-Van Camp Inc
5% prior preferred *_

14,100

18%

10%

preferred

Jun

90%

73

20% Feb

17 % May. 16

Standard G & E Co $4 prel—Na par
$6 prior preferred
;—No par
$7 prior preierred
No pa-r
Standard Oil of Calif
No par
Standard Oil of Indiana
25
Standard Oil of New Jersey.—25
Standard Oil of Ohio—-u
10
3%% preferred series A,
100
Standard Steel Spring
_1
4%
conv
preferred
-.50
Starrett Co (The) L S
No par
Sterchi Bros Stores Inc—i.
1
Sterling Drug Inc common
—5
Stewart-Warner

200

12%

12

12

17%

18%

18%

*20

20%

8%

8%
*102

*120%

9%

9

33%

34

15%
20%

10%

108

51%

122

*120%

9%

9%
*33%

15%

17%

*107%

52%

51

53%

1,400

No par
No par

Brands, Inc..-:
preferred—

cum

3%%

200

14%

*103.

10%

17

10%

108

*107%

108

'

10%

11%

11%

12

11%

ll7/s

2,100

-

104 %

14%

16

15%

20'A

20%

*20%

14%

14%

1

1,100

38 %

37%

38

3,000

14%

104%

*103

104%

104

104%

14%'

16

—

13%

13%

13%

*37 %

37%

37%

37%

37'A
*103

14%

16

,

38 %

104%

42

147A

4,400

42 %

39

•

16,600

'

12%

*40%

13%

111,100

27%
104%
12 %

104 %

12

37%

14,600

71

27

39%

39%
70

69%

12%

39 '

2,400

•

56%
40%

*37

104%

100

92

85

69%
x27

$3.50

28,300

)

92

*40%

37%

22

55%

93

*13

21%

D

Standard

300

91%

91%

*103

3,900

84%

*81

84

28%

No par
^—5

preferred

$4.50

Square

200

99

*98

—

Co__
Squibb (E R) & Sons common
1
$4 preferred
.'
No par

1,400
90

27%

28%

99%

Conv

111%

*111

111

111

.28%

t

1
2

(The)

Corp

Spiegel Inc

40

MEMORIAL

33 3A

Sperry

5,809

EXCHANGE

77

28

*82

85

19

Spencer Kellogg & Sons-

Sep
Oct

65

64%

17

May 23

May 17
May 19
May 19
Apr 28
Apr 23
16% May 19
8 . May ID
71% May 20
13% May 19
32
May 12
109'A Jan 16
27% May 19
x98% May 28

No par
No par

preferred

33

8

Apr

80

15
4%
6 .
89'A
43

1-

Spear & Co

2,600

-

78

*98%

Withington

Sparks

2

Feb

77

75

Highest
t per share

S per share

share

50% Jan

57% May 19

100
1
No par

& Bros Inc

Spalding (A G)

6,200

18 %

14%

non-cum

$5.50

STOCK

18 %

*111

20

400

18%

99

*83

2,900

8%

4%
*7%

No par
100

preferred
Mobile & Ohio stk tr ctfs

5%

600

£9%

28%

99

500

*49%

111%

28

18
4%

4%

4%

33%

*111

*17%

*76

*32

99

18

8%

14%

28%

30

89%

33%

111%

76%

8

*32

*98

*74

*76

x78

*28 %

♦111

60

76%

17%

31%

59%

32%
60 %

Railway

Southern

16,100

31%

8%

9%

14%

14%

*32

,

t per

t per share
28
May 19

Par

'

*

Year 1946

Lowest

Highest

Lowest

EXCHANGE

Shares

I per share

share

89%

*7%

80

80

81

I per

*76

50%
18%

9%

9%

9%
*80

the Week

*74

4%

4%

4%

*7%

4%
8%

*7%

May 80

30
58%

30%

29

30%

Sales for

May 29

tper share

tper share

I per share

I per share

30%
*58

Friday

May 28

May 27

May 26

May 24

Thursday

Range Since January 1

STOCK

NEW YORK

Wednesday

Tuesday

Monday

Saturday

i

94

Feb,

16
8
8
10
31
27
10
2
13
2
2
6
17
12
21
13
28
3
11
29
6
15

23 V*

V

40~

Oct

6%

Oct
Dec

78

31/*

17%
<

i

7ya

Oct
'

44

"

8%

89

May

Apr
Sep
Jan

Oct -•

56% July

Dec

16% Aug

105% Aug

71% Mar

21%

Dec

41%

Oct

«: 18%

Oct

Feb

56

12% Nov'
34 V*

Jan

'

53% Aug

30%

Apr

12 V*

Oct

22

Aug

104%

Oct

110

Jan

9%

Sep

15% July

15%

Oct

32% May

101
.

Nov

93

109% July

Nov

13

Sep

187%

29%
.

X205

Deo

26

Sep

47%

Feb

90

132

,

Feb
May

Sep

Apr

98% Aug

Volume

165

Number 4599

THE COMMERCIAL & FINANCIAL
CHRONICLE

NEW

YORK

STOCK

RECORD

LOW AND HIGH SALE PRICES

Saturday
May 21-

Monday

$ per share

$ per share

Wednesday

Tuesday

May 26

i per share

*43%

44 %

44%

44%

*44%

5 7/e

5 "%

5%

5%

5%

30%

30%

30%

30%

19%

19%

19%

$ per share

197%

*30

31

197/a

•

20

*9%

10

*36%

*9%

38

10

*36%

44 %

45%
5%'

*9%

37%

x36%

36%

50

50

*48

501/a

24

25%

24%

25

102 %

*101

102%

*101
43

23%
*101%

42%

42%

41%

*147 y4

148i/4

148%

148%

*41 y4

42

*68

41%

69y2

*68

C4%
142

64%
142

142

20

20%

*45

20

5%

5%.

9%

9%

9%

*102

1051/2

7%

*102

7%

*43

161/2

*4%

5%

5%

83/4.

83%

*102

105%

7%

16

4%

20%

201%
81

4%

82

80

170

20%

20%

20%

*42

*15%

16%

81

*165

80

4%

4

80%

'

170

20%

21%

*79

8%
U

S

1st

Corp

$4.20

84

Jan

2

36%

Dec

39%

60% Feb
165

Paper

5

Feb

51

Feb

8

May 19
19% Apr 29
44% May 1

25
1

jan

8

Laboratories

23

8%

20%

Nov

29%

Jan

47

Nov

55'%

Jun

Sep

9%

Jan

21

20%

Apr

4%
7%

10% Jan

Oct

100%

Nov

Sep
Sep

54

30

7

4

52

Feb

17

41

22

Feb

7

79'% May 17

99

May 20
19% May 21

79

18%

192

Jam

11% July

July

Deo

27%

Feb

Dec

22

2

Jan

Apr

91

Nov

Mar

7

187

May

29% Feb

3

25

Nov

91% Feb

May 16

128

8

Hi/4 Feb 10

165

1

Feb

1

May 17

1C0

Feb

Feb

19

Jan

iqq

Feb

97%
166

21

16

Inc

84%
89

Feb

108 % Mar 31

4%Mav20

preferred

Oct
Oct

12% Feb

13

No par

Feb

73/s Apr

102
Jan 27
7i/4May20

l

187

Dec

142

47

Inc

Oct

Apr

483/4 Feb

13

Jan

Mar 27

Dec

80

Sep

65%

1

Corp

Tob

Co

150

40%
x72

50

Steel

preferred
Universal Pictures

5

2

pfd—,

conv

Leaf

140

Apr

106

Nov
Nov

144

28

May

Sep

48%

27

Feb

Dec

100

11

79% Feb

'—No par

Inc

9

11

81

May 19

61% May 19

2d pfd_5

non-c

*r,lClerred

4%%

60 %

Sep

68

Stockyards Corp

Universal

70

Nov

59

38% May 17

;—No par

tt7.? .noP-cum preferred
United

Universal

35

19

50

Co

25?/8 Aug
11% July

Feb

103% Mar

xl45%Mayl5

common___JVo par

Universal-Cyclops

1,700

Min

Jan
Jan

Jan

May

39

9

100

137/a
44

73

41% May 19

100

Tobacco

cum

Apr

62

Sep
Sep

13%

10

50

steel

oreIeEed
S

tt

100 3/4

Nov

6%
25

3

10
Apr 10
44% Feb
5

•
May 19
49% May 24

100

preferred

Smelting Ref &

S

7

Highest
$ per share

371/2

8

Apr

22% Apr

35

;__io

non-cum

4%

82

A

Preferred
U

9% Jan

35

23% May 19

series

Co.

Wall

21%

*79

Rubber

TT^tf
United

10

21%

81'%

S

Sto*—

169 3/4

io

•

10

United

150

22

t per share

13

8% Feb

3

ie% Jan

20

pfd

53% Feb

5% May 19
25% Jan

Foundry

cum

Year 1946

Lowest

t per share

13

—No par

aying Card Co
Plywood Corp...

200

3/a

A

Jan

1

300.

81

*165

U

&

X41

No par

cl

P

1,000

45%

16

43%

Pipe

I per share

No par

Co

conv

1,000

8

46

81

20%

79

10
700

.

105%

8

16

*4%

170

81

*79

*102

•

8%Y

*42

4%
80

*165

105i%

7%

46

*165

79

*102

7%

S
S

1,600

3,000-'
i

5%

*15%

166

«

47

'

Chemicals

preferred

U

US

100

24,300

20%

8-%

*42

166

*45

800

DAY

5%

16

*80

EXCHANGE
CLOSED

8%

&

TJ

100

MEMORIAL

51/4

46

82

7,800'

66%

8%

7%

4%

300

3,900

STOCK

142

20%

20'%

Leather

33%%

68 %

65

*5

16

*80

68%

45

1,400

42%

142

S

Range for Previous

Range Since January 1
Highest

Lowest

8 Junes Co...

<

43 '/a

651%

X45

U

Industrial

Partic

1

148%

x8%

*42

5

42%

*147%

*41%

S

5,300

102%

9%

7%

48

*16

46%

*101%

69I/4

X20%

20%

265/8

142%

64%
142

U

4%%

37%

51/4
'

105%

.

-

1

50%

26%

STOCK

Par

9%

36%

42%

*68

64%

2,500

*471/4

42%

YORK

EXCHANGE

1,200

26%

149

41%

142%

*45

46%

*5'/4

42

69

63%
142

*9%

37%

*147%

41

*68

64%

1421%

19%

4 6'/a

41

691/4

63%

20%

*45

41%

20%

50

"

*101%

42%

148%

32

13%

102%

36%

102%

43%

*147%

6

32

10

*48

26%

1,100

19%

NEW

Shares

45

6

*9%

49%

Sales for
the Week

Sper share

31%

31

26%

*441/2

6

xl9%

49%

Friday
May 30

$ per share

45'A

5%

10

STOCKS

Thursday
May 29

May 28

May 27

(2943)

13

77%

Dec

HO1/2
200%

Jan

Apr

497/b

Jan

101

Apr

V
14%

14%

15

15%

*14%

15

147/8

14"%

14%

14%

*14%

15

14%

14%

143/4

15%

700

32%

Van

32%

Norman

33%

*32

33%

*32%

33%

*32%

15

33y4

100

15

Van

Raalte

14

14%

14%

*32

14%

*33

34%

*83

91

*84

*83

93

15

*83

*33

34%

*33

34

33

91

*81

92

*80

95

*85

95

38

38

38%

37%

37%

*103%

1043/4

6

120

5%

120

*85

57/a

70

37%

104%

5%

*1033/4

57/a

71%

*119%

70

37

1201%

X119

119

*85

63

*85

37

*36

*34%

35%

35%

*33

33

33

36%

35

35

*33

34

5%
20

1,000

74

;

119

95-.

37%

34

400

34%

35

37%
341%

1300

*33

34■ *

*142

150

*142

150

*142

150

*142

*155%

164

*155%

164

*155%

164

*1551/8

57

57

57%

57%

15

14%

14%

14

14

31

30%

106%

*18%

*105

18%

9

15%

*99

15%

*21%

363%

,23%
*19

19%
22

*21

30'%

*30

19%

7

*85

36%

19%

30%

116

*105%

106

113/4-1

15%

153%

23%

23%

*23%

24

30%

30%

30%

7

63/4

7%

41

4iy4

41%

86

*84%

26%

31

■-

85%

*115

116

108

*114'%

115%

*114%' 115%

*114%

35%

35%

35%

110%

1103/4

111%

111%

*111

35%

♦110%

353/4
112

\

Monday

Tuesday
May 27

May 26
$ per share
6%
42%

42%

4%

-m-

1153/4

4%

18%

115

26'3/4

28%

29

28?%

25

25'%

24%

251/s

99%

99%

1053/4

*99%

36

119%

27

67

*62%
*99%

,*94%
*281/4

96

33%

'

10%

*153/8

18%

.18%
*10
12%
29% "\30%
'•9%

67

*99%
101

943/4

*283/4

20%

21 %

11

11%

94

94

21%

*293/4

31%

*30

31

5%

5%

55/a

5%

55/a

8

5%

7%

73/4

7%

8 3/s

8%

*17%

160

17%

*135%

50

*47

433/4

51,3/4

*5.1

*95%
17%

160
50

43 %

963/4

96 %

8

18'A

18'A

123% Apr

80

Jan

105

Feb

21

Apr

40

Dec

53

Jan

17

July

37

Sep

45%

32%

Jan

Nov

52

Apr

May 15

130

Oct

170

Mar

175

Mar 21

145

Dec

178

May

Feb

38

6

Feb

17

54

54

preferred

83%

83%

84%

86

871/2

87%

87i%

67

*62

;67

i*63

65

65

65

35

35

"

35%

35%

8 3/4

*35

11

10%

10%

10%

11

42

11

42

43

43

43

43

15%

.

57%

57%

56%

573/8

16%

161/4

15%

153/4

153/4

Xl5?/4

"

56%

15%

56

X15

1

11

I

'It

„'

111

Mar

24% Jan

7

131% Feb

3

19% Feb

13

May 27

106% Mar

27

Jan

263/4 Feb

50

600

.

600

400

153/4

16.

16

56%

58

57?/8

58%

15%

8,400

153/4

15%

15%

1,900

1,300

39

Dec

Dec

351/4 Mar

Sep

34%

20%

Oct

29%

Sep
Sep
31% Sep
85% Sep

47%

Jan

16%

Apr

31

9%

90
Feb
34% Jan

Apr

Feb

Sep

43% July
89% Aug
Apr

108

Sep
Sep

45

117'% Mar 11

119

113% May 14

121% Jan

Aug

14

115

Jan

122%

Feb

105

6

112% Jan

14

106

Sep

113 % Mar 14

115% Feb

13

117% Aug

113%

Oct

Feb

24

32%

Nov

119% May
53% Jun

111% Sep

116% Apr

May

45

32'% May 19

100

110

Feb

113

.3

29

Jan 27

Range for Previous
Range Since January 1
Highest

Year 1946

Lowest

t per share

1

Co

10

Ry_

100

4

May 16

78

6

7% Feb

3

18% Feb

11

14

42% Feb

<

4

75% Jan
*

18

27

Sep
Sep
Sep

Mar 29

71

Oct

90

May 29
May 19

17

tper share

10% Jan

9% May 17
.27% May 17

series A_
100
Western Union T.eleg class A-No
par

Lowest

$ per share

5% May 19
38 % May 19

Preferred

23% Feb

7'A Dec
57

5%

Jan

Highest
$ per share
35

Jan

90% May
13% Jan

32% Jan
56% Jun
101

Apr

1

18%

Oct

53%

Jan

—NO par

11% Jan 18

14

31

Hi/4

Oct

Westinghouse Air Brake—No par
Westinghouse Electric Corp
12%

32%

Jan

27 JA May 19
22'% May 19

35% Feb 13

26%

Oct

41%

Jun

B

■

3%% cum pfd series A__
100
3.80% cum pfd series B„_—100
Weston Elec Instrument
12.50 "
Westvaco Chlorine Prod—
Hew
$3;75

&

5%%

conv

Wheeling

Erie

Ry_

preferred

Steel

Corp_

&

Dec

39

May

55

Jan 24

28

May 28

98% Mar 17
62% Mar 27

101

Feb

67

Apr

98

103

Feb

44% Feb

7

Jan

13

31
May 19
86
-Mar 17
26% May 19

10

Nov

9

63

Aug

72

Jan

13

100

Oct

106

Jan

36%

Nov

62% May
107% July

101% Mar 31

90%

Nov

27%

Feb

19% May 19

29% Feb

8

21%

Nov

9% May 19

17% Feb

1

11% Nov
81%

Sep

105

July

30

Nov

36

May

84% May 17

90

Feb

3

29% May 13

34

Feb

13
6

11

Inc,

—No par

preferred

—No par

10% May 19
96'/4 Apr 29

&

Co

El

Co

4%%
4%%

Towne Mfg

Co

Corp
cum

par
5

25

Young Spring & Wire
No
Youngstown Sheet & Tube—No
Youngstown Steel Door—-No

101

142

Mar

160

34

Feb

53

43%

Jan

Jan

July
July

52

May 19

15%

Oct

21%

Feb
Jun

May
62% May
74
Aug

Feb

1

68% Feb

13

47

94% Feb

13

84%

Sep
Sep
Sep

100

Apr

Feb 20

87%

Sep

103

May

Feb

8

75i/4

Dec

106

6

59%

Oct

82%

Apr

10

13%

Deo

25%

Jun

33

Oct

May 28

100

May 15
63% May 19
8
May 17

80

86

"

65

70% Mar

18% Feb

Jan

3

.16% Feb

11

45

34

par

15

par

951/2

Mar 27

2

par

.50

21

60

Jan

May 21
10%,May 19
May 19
14% May 19
53% May 17

...1

—

preferred....

28

Jan

83% May 28

100
par

Sep
Sep

19% Mar 18

43

_100

series

26%

12%

May

48'/4 May 19

10.

conv

12Va

Nov

145% May 19

Jan

43

(Del)—.No par

series—'

Oct

9

3

17

pfd__100
,___10

P & M

pfd

6%

Jan

44

5%

151/4 Jan 30
99

44

"23% July

145 % May 19

10

Co

Co

Jan

7

7% Feb

,

107%

Feb

34

13% Feb

Motors___

63% Jun

98

6% May 17

Prior pfd

4'/a%

95

May 26

—No parr

Wright Aeronautical
.—No
Wrigley (Wm) Jr (Del) —No
Wyandotte Worsted Co

Yale

Jan

Dec

5% May 17

Worthington

York

39%

91

6

1

Willys-Overland

Prior

Nov

10

May 14

White Sewing Mach
Corp_i
1
$4 conv preferred
No par
Prior preferred
20
Wilcox Oil Co
5

$4.25

21%

Feb

Max

26

$5 conv prior pref
No par
White Dental Mfg (The S
S)
20
White Motor Co...
;
1

Wilson

13

100

106

Jan

93

x38

par

L.No par

Lake

28% Feb

2

102% Jan 27

100

No

preferred

Wheeling

Jan

100

;

(F W)

900

Jan

Jan

25%

Feb

48

Feb

23% Aug

20

12% Jan

3,7'% Jan 16

107%

Oct
Nov

18%

18

41

Sep

Oct

Jun
18% July

16%

8

May 17

20%

22

22

23% Feb

Oct

100

39% Jan 30

13

29%

9%

31

Jan

Nov

xll7/8 Mar

7

Jan

28

Jun

231/a

7

183/a Feb

29

105

21% May 19
110'% Jan
3

4 % non-cum 2nd
preferred
100
Western Pacific RR Qo com.No par

Woolworth

6,900

,

:.f

v

Apr

Apr

83% May 22

No par

mmmm

Pow

4,300

'

f

54

100

pfd

Co

2,600

Hi/4

42

153%

.

I

363/4

10 5/s

.

Iron

80

8 3/4

42

.

23%

Dec

2

May 21

6

—No pari.

Pap Co

Maryland

Woodward

140

65

8%

Western

Wilson-Jones

67

65

11

15 3/a

l '
,

(

8%

86

Oct

331/8

Jan

100:

4%%

Western Air Lines Inc
Western Auto Supply

Wisconsin

54%/

83%

8%

Sep

15%

107

100

Ei'dotric

1,500

52%
'

1
51

—No par*
Corp
1,
class A ..No par

Sugar

56

11

17"% May 20
20% Apr 29
30'% May 23

,5

—

18

36% Feb

22% Apr 28

5

Inc

75% Feb

17% Jan 25

31

preferred

1,500

443/8

43%
16

4,600
100

44

52

8

35

:

160

64%

*64

8%

500

11,000

12.%';

44%

85

35

5%
%'

8

11%

19 3

433/8

89

35

31_

51%:

*823/4

8%

10

50%

433/4

*51%

65%

1,500

90

*135%

*86

83/4

11%

97

19

2,300

.

51

83%
67

•*30

60

.

160

90

65

II

*83

22

50%

88

*62

95

31
...

*135%

83%

67

"20
1,500

50

85

66 %

67

160

48

52

10

11%

*96

18%

"135'/a
.

44%

11%

97

170
500

36

*285/8

30%

97

/

DAY

101

94

31

90

*95%

MEMORIAL

1003/a

35%

20%

11%

27,100

.

'

36

30%

11%

100

*63%

-

100

20%

11%

CLOSED

400

*85

7%

: 26 '/a

200

993/8

35

Co

Co.—

preferred

Class

2,000

273/a

11

53/,

vSTOCK
EXCHANGE

*263/4

84%

11%

■

*105% 1053/4

10%

-

27900

38

*93%

203/4

?1%

35

Sep
Dec

45

May 14

Par

2,700

100

84%

,44

11

63%

152

13% Apr

5!

preferred.—,—,

4%%

600"
'

600

11

8

173/4

*42

*991/4

5

28

*63

33%

Lt

Oil & Snowdrift

Indies

6%

100

*2934

97

*8%

Gas

West Penn Power
West Va Pulp &

1,000

30

92

6

<

108% Aug
12% Jan
99% July

40

21

EXCHANGE

11%

*82%

•

11%

'

Dec

Apr

Jan

99

5

Shares

*37

*281/4

30
'

20%

31%

'

5%

Jun

May

May 16
Apr 18

11

100

;

the Week

38%

993/a

100

33%

*

* per share

76

25 %

100

10534

27

67

100

33%

25%

1053/a

1

NEW YORK STOCK

76

*99%

27%

*99

10 3/4

.

Sep
Dec

26%
511/2

117%

24

xl7% May 14
7% May 19

Sales for

30

'

12%

*37

100%

*62%

92

*65

99%

Friday
May 30

44%

5-

*11.

291%

243/4

39

*26%

953/4

*62

May

Feb

103V2 Mar 17

common

Tobacco

conv

1%

*0

6%

'•44'%

18%

28%

105%

*37

*99%

29%

61%

99%
105%

39

6 3/a

-•

29 3/4

*10

243/4

283/8

21

*82%

233/4

100 3/a

341/4

*90

Feb

53

36%
100

913/4 Jan 28

57

-—No par

Motor

West Penn

1,200

110% ;•

May 39

78

18%

28%

*26%

100

*10%

$4
West

10

I per share

5

*75

18%

*99%

67

.♦82%

115

STOCKS

12

293/4

78

12%

28%

105%

X38

■*99i/4 100%

44

Nov

104% May 14
9% Mar 6

Apr 16
13% Apr 21
29% Apr 30

preferred

Webster

60

"

Thursday

63/8

5"

100

No par'

Wesson

60

36

45

*10%

291%

*10

100

105%

40

63/a

,4%

18%

12%

283%

*40,

91%

May 19
36% May 17
333/4 May 21
33

Washington

,30

115

353/4

*44

ll3/4

*72%

18'%

*10%

♦*35%

113

5

,^-No par

G & W

Waukesha

5,900

116

115%

May 28

63/s

*9%

,11%

12%

*17

Oct

Feb

100

Wayne Knitting Mills
Wayne Pump Co

160

A,

108

I per share

42%

5

*9%

31%

*105%

61/4

42%

'

80

*96

Oct

83%

97

148

No par

1,500

27%'

.112%

*106

Wednesday

< per share

6%

*29%

1

Sep

30

121

No par

Co

LOW AND HIGH SALE
PRICES

*75

73/4

Mar

128

No par

Baking Co

2,000

:85%

27
*111

*106

18%

11%

15%

6

20

5

5

Bros Pictures
Warren Fdy & Pipe
Warren Petroleum Corp___

200

6%

26%

106

80

*5%

20

May 19

100

preferred

500

42%

112%

,106

31

*293/4

69

25

400

•

31

6%

41%

•

851/4

26%

105%

*74

21

Jan

86

Co

Ward

300

20%

25%

*29

*28

2

Feb

7

10Q

Walworth

900

'21%

*84%

*18%

953/4

Apr

13

5% May 19

25

preferred
Walker (Hiram)

5'%%

20%

,105%

51/8

*3334

Apr

58%

Jan

.XI18

Warner

21%

115

11

*99

Feb

25%

Jan

100

A

39

Oct
Nov

49

—100

Visking Corp (The) class
Vulcan Detinning Co

NOV

15%

94

101

'

17%
35

13

pfd___100

preferred

40

20

39%

27

43%

*62%

prefered

Walgreen

100

21%

6%

6%

27

6 %

16,100

36

*21

115

May 24

*38

100

Virginian Ry Co..

15%
23'

36

x20

116

I per share

*10

partic

1,200

3/a

19%

111

"■

12

151/4

111

Saturday

5%

div

Jan

7

15
13

Feo

94% Feb

May 19

94

Feb

18% Feb

35% May 19

5

No par

Va El & Pow $5
pref__
Va Iron Coal & Coke
5%

3,400

,

11

6%

87

_100

3'/2% ciim preferred
Va-Carolina Chemical

100%

*21%

36%

112%'

♦110% 112

*42

Victor

2,600

9

*99%

23%

*115

1151/4'.

6%

39

2 50

Ry.~_~_~._T_ 100

Pac

preferredChemical Works

4%

19%

12

100y4

36

'

36

20 3/4 Jan

313/4 May 14

Co

&

Wabash RR 4%%
Waldorf System

106%

8%

*22

23%

*30

85

26%

<*115

*35%

41

non-cum

500

31

213/4

7

♦111

*114%

Shreve

500

~

19%

39%

84

26'%
112'%

30%
*105

9

500

14%

213%

22

39%

86

26%

22

14% May 21
30% May 17
12% May 19

Preferred?

62

.

183/4

11%

15%

*23

31

106'%

-

*99

22

36

7

39i%

*111

14%
22

23%

*23

*2:1%
7

164

14%

8%

99

15%

*58

15

19

9

23%

363/4

*30

39%

150

18%

11%

99

59

*30%
*105

18%

3634

*22

233/4

30%

11%

100 "

14%

22%

*36

9

11%

58

*14%

1061/4

18%

9%

11%

100%

30%
*105

183/4

9

12

99%

30%

106'%

•<

18%

9

*11%

100

131/4 May 17

2.50

...

Inc

W

58

*105

150

*85

164

31

400

119

*72
v

153

*14%

409

6%

*155%

7

39%

1033/4

*142

*57

Chemical

Vicks

1033/4

37

*33%

Vick

92

6%

93

*34

509

No par

Co

Co

TTlO
Vertientes-Camaguey Sugar~~CoIi %

95

39%

119%

37

4,400

33%

33

74

119

90%

*36

'

15%

Vanadium Corp of Am

*81

6

72

1,100

*85

.

104 3/4

57/8

70

1*85

93

*36%

*37

*103%

15

15

33

*80

1043/4
73

15

15

93

*37%
*5%

15%

91

•

*103%
*70

15

13% Nov

Feb

61% July
Jan

27%

50'/2 Mar 31

41

Feb

7

15%

Oct

35%

721/2 Feb

18

57%

Sep

15

Nov

837/8 May
31
Jan

Deo

42%

Jan

Sep

14%

Apr

23

May 17

21% Feb 21

14% May 19
6% May 19

23% Feb

19%

10%,Jan 31

Jan

!..

.nu.r

16%

16%

7%

71/4

16

16%

7%':7%

«*widHth+«aSked prlces:
y-jsx-rignts

.46 %
'

-7%

16%

' :.7%

no 511168 on 11118 day.




x-Ex-dividends.

17

17

16%

17

'

7

.

7r7

tName changed from United RexaHDrug Inc.

1,700

Zenith

2,000

Zonite

I In receivership,

Radio

Corp__

No par

Products Corp

!_._i

n Deferred

delivery,

n New

stock,

r

Cash

sale,

s

10

Special sales.

9

wdWhen distributed.

23

^UWKttVWattW f«

AM

4

THE COMMERCIAL.& FINANCIAL CHRONICLE

(2944)

Daily, Weekly and Yearly

Daily, Weekly and Yearly
Stocks,
Number
Week Ended May

Railroad
of and Miscel.

229,520

Saturday

:

Monday

¥uesday:__:

543,390
663,350
888,880
902,390

-

Wednesday

Thursday
Friday

;

United States

Bond

Bonds

Stocks

Total

Government

Foreign

Sales

Bonds

Bonds
$873,000
2,428,000
2 622 000
3,278 000

Shares

30, 1947

Transactions at the New York Curb Exchange

Stock Exchange

Transactions at the New York

of

$1,042 500

$3,500

$166,000

20~000

226,000

2 868,000

280,000

3

441,000
-

4,112,000

Holiday

558,000

■

—

$23,500

$1,535,000

$12,872,000

3,227,530

Total

Foreign

257,000

188,725

270,000

$20,000

290.000

241,360

1,155,000

5,000

1,160,000

712,000

33,000

745,000

Holiday
$2,428,000

890,690

$58,000

1946

$2,486,000

Week Ended May 30,

.

1947

$1,228,000

890,690

1947

836,500

31,303,000

583,465,500

$445,186,600

1946

34,282,348

78,283,455

$945,000

$27,064,000

$36,139,000

239,000

2,720,000

6,351,000

218,000

258,000

/' $1,188,000

$30,902,000

$42,748,000

o

Domestic

37,100,800

412,655,600

3,312,070

4,000

—

Bonds

$17,001,200

15,078,000

$15,957,900

Jan. 1 to May 30

1946

173,103,231
Stocks—No. of shares

$43,400

$14,430,500

257,000

225,710

,

...

$2,428,000

Foreign government

; '

Foreign corporate

Total

$34,000
•

Jon. 1 to May 30

107,886,916

7,246,729

$23,500
1,535,000
12,872,000

.

Railroad & Industrial

Total

Corporate

$34,000

Bonds

U. S. Government

Foreign

Government

$14,430,500

1947

1946

3,227,530

Stocks—No. of shares

71,780
163,115

Total

Weefc Ended May 30,
1947

Foreign
Domestic

Shares)

May 30, 1947

Saturday___
Monday
Tuesday
Wednesday.
Thursday
Friday

2,850,000

422,000

Bonds (Par Value)

(Number
'
Week Ended

3,671,000

Monday, June 2, 1947

58,000

—

$6(37,567,500
Total

$2,486,000

*"■

Stock and Bond Averages
are the daily closing averages of representative stocks and bonds
the New York Stock Exchange as compiled by Dow, Jones & Co.

Below

listed

on

'

-Bonds—

Stocks

m

10

10

30
Indus¬

28

May

29

May

roads

the

week,

and

letters

column

headed

ties

Bonds

87.85

107.76

58.51

104.24

109.36

87.55

107.81

102.24

58.49

104.14

109.20

87.45

107.79

102.15

168.06

43.64

33.35

59.41

104.20

109.28

87.88

107.84

102.30

169.25

44.24

33.37

59.87

104.16

109.29

88.19

107.78

102.36

30

"Interest

40

Rails

33.07

__

__

—

j

Period"

a

102.30

Memorial Day

—

New York Stock Exchange
WEEKLY

Cash

each

in

are disregarded in the week's range, unless they are the only transactions of
week in which they occur.
No account is taken of such sales in computing the range for the year.
;■•'»
the month when the bonds mature.
!;(
--*
'
^

case

Figures after decimal

YEARLY

-

and deferred delivery sales

footnote in

indicate

109.37

104.19

58.85

33.10

Memorial Day

«»

regular weekly range are shown in

the

the

in

Utili¬

Rails

32.89

42.85

interest"—except for Income and defaulted bonds.

When Putside of

The -italic

Total

Grade

42.33

FRIDAY
"and

are

10

Grade

trials

Stocks

ties

Second

Indus¬

65

42.46

166.97

__

Bond Record
NOTICE—Prices

Util-

First

10

166.17

—

26
27

May

Total

15

166.29

24

MayMay

Rail¬

trials

Date—

May

20

point

represent

one

or

32d of

more

a

point.

!

'

■'"r

<

LOW AND HIGH SALE PRICES

Saturday

Monday

May 24
Low

Wednesday

Tuesday

May 26

Thursday

May 28

May 27
High

Low

Low

*101.11

101.13

*101.11

101.13

*101.10

101.12

*101.10

101.12

*101.9

105.16

*105.14

105.16

*105.14

105.16

*105.14

105.16

*105.14

108.6

*103.4

108.6

*108.3

108.5

*108.3

108.5

*108.3

108.5

Low

High

Low

High

High

Low

,

Range for Previous

GOVERNMENT BONDS
NEW

105.16

*108.4

Bales for
Bonds ($)

May 30/

101.11

*105.14

'

High

Friday

May 29

Hi?h

YORK

Year 1946

Range Since January 1

STOCK

Lowest

EXCHANGE

*111.23

111.25

*111.23

111.25

*111.23

111.25

*111.23

111.25

*111.24

111.26

Treasury

*101.18

101.20

*101.18

101.20

*101.17

101.19

*101.17

101.19

*101.17

101.19

Treasury

27/8s
2%s

*106.22

106.24

*106.22

106.24

*106.21

106.23

*106.21

106.23

*106.21

106.23

Treasury

2%s

*112.8

112.10

*112.8

112.10

*112.8

112.10

*112.8

112.10

*112.9

112.11

Treasury

2%s

102.13 Feb

1947-1952
_1949-1952
1951-1955
1955-1960
1948-1951
1951-1954

Lowest

Highest

104.14 July

102.22 Jan

6

Feb

^

113.10

*113.8

113.10

*113.8

113.10

*113.8

113.10

*112.9

113.11

1-4.10

*114.8

114.10

*114.8

114.10

*114.8

114.10

*114.9

114.11

102.8

*102.6

102.8

*102.6

102.8

*102.5

102.7

*102.5

102.7

*103.28

103.30

*103.28

103.30

103.30

*103.28

103.30

*103,28

103.30

*104.26

104.28

—

i

EXCHANGE

*102.6

"*

III'

STOCK

*114.8

104.29

*104.27

104.29

104.29

*104.27

*104,27 104.29

*105.4

105.6

*105.3

"106.31

105.6

107.1

*107

*105.4

105.5

105.6

*105.4

Treasury

4

110.3

Jun

MEMORIAL

i

DAY
1

1'

105.6

i'

,

■

,

j.

t

!

2 Vis

2 Vis

2 Vis

*105.11

105.13

*105.13

105.15

*105.13

105.15

*105.12

105.14

105.1

*104.31

105.1

*105

105.2

*105

105.2

*104.31

105.1

Treasury
Treasury

104.19

*104.17

104.19

*104.18

104.20

*104.18

104.20

*104.17

104.19

Tieasury 2Vis

*104.17

107.1

.

*104.15

104.17

*104.15

104.17

*104.16

104.18

*104.16

104.18

*104.15

104.14

*104.12

104.14

*104.13

104.15

*104.13

104.15

*104.13

»

104.15

j

,

*

104.11

,.*104.11

,104.1?

*104.12

104.13

: *103.10 103.12

*103.10

103.12

105.18

*105.16

105.18

*105.17

105.19

*103.10

103.12

*103.10

103.12

*103.10 103.12

*103.11

*105.16

al03.8

*103.9

105.19
103.11

103.13,

*103.9

*105.10

105.12

*105.10

105.12

*105.9

105.U

*105.9

105.11

*105.9

104.6

*104.4

J 04.6

*104.3

104.5

*104.4

1 04.6

*104.4

107.8

*107.6

107.8

■{ *107.5

107.7

*107.5

107.7,

1107.6

105.12

*105.10

105.12

\t

'

13,500
1

:

*105.10

'*105.10 105.12 r

105.12

2 Vis

Dec

109.22

Feb

115.23

Apr

1

113.3

Nov

114.8

May 14

118.15 Mar

118.23

Feb

Fe~b~21

104.12

Feb~21

106

Apr
106.16 May

106

Apr

107.15

Jan

105.29 Aug

,

104.12

107.5

Jan

Jun

108.4

Jun

108.4

^05.22 May

107.27 Apr

104.23 Feb

14

104.23 Feb

14

104.7

Nov

107.4

Apr

Jan

2

104.18 Apr

30

103

Jan

107.9

Apr

Jan

13

102.22

Apr

104.4

103.29 Jan

9

102.11

Jan

107.9 •': Apr

12

102.11

Jan

107.10

Apr

9

101.16

Jan

1.

106.15

Apr

Apr

»

109.15

Feb

101.15 Jan • '

106.16

Apr

106.15 Aug

•106.15'Aug

104.7

Jan

29

June 1967-1972

.

103.1

Jan 29

103.20 Apr

Sept. 1967-1972

.

102.24 Jan

Dec. 1967-1972

2Vis
2Vis

__1952-1955

2Vis

1954-1956

-2 Vis

.—I—1956-1959

103.19 Apr 10

6

1—1951-1953

2 Vis

Treasury

?105.10 105.12

107.19

104.10 May

104.4

1966-1971

2 Vis

Treasury

t

Jan

30

104.2

104.15 Apr

Treasury
Treasury

IIj

0

Jan

106.28

1965-1970

Treasury

I

Nov

108.17 Aug

105.17 Feb

105.17 Feb

7

104.22

7

108.17!Aug

i

Sep

107:14 Apr

■.

'•'I,

*102.24

102.26

*102.24

102.26

f 102.24

102.26

*102.24

102.26

*102.25

102.27

*102.24

102.26

*102.25

102i27:

*102.24

102.26

100.24

*100.22

100.24

*100.22

100.24

*100.22

100.24

*100.22

100.24

100.29

*100.27

100.29

*100.26

100.28

*100.26

100.28

*100.26

100.28

Treasury

h01.26

101.28

*101.26

101.218'

*,101.26 10.1.28

.*101.25.

t

7*

*101.25

101.27

*101.25

101.2

*101.29

101.31

*101.29

101.31

*102.1

102.3

*102.1

102.7

*101.5

f

t

*

*

«•

uoi.2|);
101.27*

♦lof-2'5

*101.29

101.31

*101.29

101.31

Treasury 2s

Treasury

2s

Treasury

2s

*102.1

102.3 "

*102.1

102.6

*102.4

102.6

*102.4

102.6

102.14

*102.12

102.14

102.14

*102.12

102 14

*102.11

102.13

*102.12

102.24

'*102.22

102 .24

*102.22

102.24

*102.23

102.29

103.1'

*103.2

103.4

*102.27
1

102 .29

*102.27

102.29

*102.31" 103 .1"

*192.31' 103.1

*103.2

*103.2

103 .4

*105.5'-105 .7

*

103/4'

*102.27
*103-.

*103.3

103.5

105.0,

105.4,.-105.6

*105.4,.

100.27

*100.25

100 .21'

*100.25 100.27

*■100.25

100.27

*101.2

101 4

*101.2

*101.2

101.4

this day.

a

cm

price




wo

•

sales

101.4

transacted

Treasury

.1

.

101.4

*

Apr .<'-102 '.
Dec

1947

Odd

*103.2

103.4

*101.1

i?

>>

-March 1950-1952

102.6

Sept. 1950-1952

2s

;

(Treasury 2s

Treasury
Treasury
r Registered

bond

9

•

2s

1951-1955
June 1952-1954

102.30 Apr

V

■

——Dec. 1952-1954

transaction

102.30 May

1953-1955
1950

r

,

1

-

-Tf—

-100.30-Apr101.4

Jan

103.7

9

Jan

.•

»

Dec
:'/•.! I •

103.9

Jan

Lu'

r-U-

'

103.22

102.23 Apr

9

102.16

Oct

104.3

12

102.20

Oct

104.14

24

I; 1

Jan

•.

*

.

29

Apr 26

.

104.26

Feb

104.29

Feb

10T.31

Mar

::

•;

1

>

102.22 Nov

24

Tr'fl-nr

101:2 "Jan
101.8

Jan

103.13 May

102.14 Nov;

24 -1

'

103.4

Mar

103.13 May

Apr 26

103.2 5'Jan

«.

Feb

May 27

102.25 Apr

*

Apr

ii'[

103.1

6

'

Apr
'Apr

24

102.30 May 21

<

IVis

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102.14 May 19
102.23 Apr

>.

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May 27

1951-1953

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1

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i

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103.9

—Sept. 1949-1951

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101.3

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?

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-

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--*100.25'I00.27.::

lot

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104,7

<»

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1

—Dec. 1949-1951

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.1012—*102 m ,JO3,I.;

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\

20,000

102.25;

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''

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8

—June 1949-1951

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(*102.22
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6

f

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102.8

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'

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Dec. 1948-1960

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.

-

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.* i

Dec. 1959-1962

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18

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...

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—June 1959-1962

Treasury 2 Vis
Treasury 2Vis
Treasury 2s

*3,02.25 102.27
'*
102.25: 102.27

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May 14

113.3

Dec, 1964-1969

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Treasury 2Vis
Treasury 2Vis

•

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.

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..

105.11

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.

102.12

114.8

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.

Treasury

Treasury
•,.

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Dec

1948

Treasury

;

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;* 103.11 103.13

115.26

102.11

113.12 Aug

r

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4

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,

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:

.

3

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107.5

1963-1968

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_1962-1967

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112.6

102.6

1956-1958

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Feb

3

10

T.L1952-1954

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107.2

111.18

Feb

101.28 Apr

;_1950-1952

2 Vis

106.6

112.6

:_1949-1953

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1
4

106.1

—1960-1985

Treasury
Treasury

———

Apr

108.21 Feb

1958-1963

23/4S
2 Vis

Treasury

f

..

23As

Treasury
Treasury
Treasury

CLOSED

■'

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3s

•

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Treasury

.

.*103.28

4'As

Treasury

,

104.27 May

21

108.21 Feb

4

.—-1956-1959

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,

,

Highest

;

'.mi

,

''i01.i4Nfay'"
101.3

Sep

102.17 Mar

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4599

Volume 165

YORK

NEW

RANGE FOR

BONDS

Interest

•

'

■

Exchange ' ' '

New York Stock

v;

New York City

-

.

Sale Prloe

or

30

Sold

Range Since

,

,

January 1

.

.

Interest

■

J-D

1980

Corporate Stock..,—

.

Low

Low

No.

High

I

'

■

Thursday's

Bonds

Range Since

Sold

January 1

Bid & Asked
Low

(City) 5s
'25-year gold 4%8—
^Costa Rica (Rep of) 7s„

[ 112'%". / jizya}ii2%~;;

16

f

114%

110%

y

.
-

1951

"

96%

16

,20%

M-3

♦102%
113 Vs

101%

•

,,

111% 113%

*113

4-0

111%

107%

113

.A-O

•

•

97%

t

♦104

J-J

I960

17

•100%

F-A
J-D

4-0

ASinking fund 8s series B
1952
Stamped assented (Int reduced

.

90

*16%

ser A,1951

A(?echoslovakla (Rep of) 8s

88V4

3

M-N

-

High

7

90

>

1977

Low

91

M-N

1949

1953

No.

88 Va

90%

-

,1949

Sinking fund 5%s

.«*

High

90

J-D

1952

,1953

External loan 4%s
4%s external debt

-

or

High

Cuba^ (Republic of) 5s of 1914
*

'

-1

Sale Price

'

"

2

Last

Period

BONDS

:

New York Stock Exchange

Copenhagen
r

Week's Range

Thursday
Bonds

Thursday's

Bid & Asked

•>

-

Transit Unification Issue—

3%

Last

Period

>•

'

25

RECORD
MAY

Week's Range

Thursday
"

"•

BOND

WEEK ENDING

(2945)

113,....

\

115

112 Va

115%

113

■

•

104%

104 V«) 107%

,

115%

•

—

,

Foreign Securities

to 6%)

extended to

lADenmark 20-year extl 6s____1942"
External gold 5%s
1955
—

External
gold 4%s
lADomlnlcan Rep Cust Ad 5%s
»Alst series 5%s of 1926—,

Wertheim & Co.

IA2d series
*

Members New York Stock Exchange
120 Broadway, New Ycfrk

Telephone

■

REctor 2-2300

'

•

5%s 1st

Salvador
4s

extl

Foreign Govt. & Municipal

,

v.,

.

AGtd

sink

fund

6s

1947

AGtd

sink

fund

6s

:_1948

Akershus

(King of Norway)

4s—.1968

AExternal

f

s

sec

AExternal

sec

1945

J-J

*38

42

24

43%

1957

A-O

*38

40

21

41 yB

series__1957

A-O

f 7s 3rd series_.1957

A-O

1st
f

series

2d

7s

External

J-D

5s of '25-1955

J-J

1927

of

5s

1958

external 5s

1957

1956
1966

3Vis—_

10-year

20-year 3 Vis

F-A

107

s

External

s

SABrazil

(U

f

102%

104 >/a

f

7s

S

of)

98%

M-S

104

J-J

106

AExternal

f

s

J-D

*62%

*10%

*91

M-N

105

105

105

105

1957

4-0

9

9

9

12

1954

J-D

*38%

40

29

43

I943

M-N

*„

12%

99%

1

103%

107%

106

109

107%

114%

;

A4%s assented

16

Mexico

51%

_4

(US)

A Assenting

•

1942, agree_1968

extl 5s of 1899 £

1945

5s of 1899

AAss'td to Nov 5,

1945

60

60

63

AAss'td to Nov 5,

1942, agree_1963

48

AAss'td to

73%

64

70

54%

54

59%

48

48

48

61

1

60%

61

60%

65%

4s

3Vis Series No. 2

*61%

61%

60%
60%

65%

3%s

J-D

60

60

49

49

Mlnas

Geraes

A Sec

49

—

—

•>

'

18 Vs
15 Va

11%

113/4

11%

11%

*8%

9 7/a

1134,

J- J

J-J

*12 V4

1933

8Y«

11%
10

14 Va

*12

10 y*

14

40

38

40%

28 'A

28 V*

33%

40

36

40 Va

—

J-J
J-J

(State)—

external

f

s

6%s

1958

:

*34

M-3

Stamped pursuant to Plan A
(Int

reduced

ASec external
♦

9%

173/4

J-D

1942, agree, 1963

Nov 5,

9%

—

II

J-J

73%

48

'*1-"

*12%

J-J

63

J-D

100 Vb

9%

Q-J
Q-J

1942, agree_1963

60

Stamped pursuant to Plan A
(Int reduced to 3.5%)
1978
5% funding bonds of 1931 due__1951

95

957/s

J-J

AAssentlng 4s of 1904
1954
AAss'td to Nov 5, 1942, agree, 1968
AAssentlng 4s of 1910
1945

70

61%

—

AAss'td to Nov 5,

A

49

1952

101

Irrigation—

•

Ry)

15%
102

4-0

1

(Central

100

16%

I960

8

A7s

10%

12%

I960

f 5s

s

98%

60 '

48

A-O

A-O

105

101

Mexican

53%
60

A-O

1979

35

103

*12

1968

SATreasury 6s of 1913 assent
1957

20

12 Vb

1964

paid

110

'

Stamped pursuant to Plan A
(Int reduced to 3.375%)

53%
48

20

*104

paid—

102

687/b

*

A-O

1979

45
45

A-O

Stamped pursuant to Plan A
(Int reduced to 3.375%)
AExternal s f 6 Vis of 1927—.

62

45

20

M-S

56

59%

*

part

101

110% 111%

J-D

1957

6%s of 1926

101%

45

45

45

J-J

1949

7s

99%

106 Vs

J-D

extl

J- J

1967

98 %

104

1978

102%

,

,

1952

Stamped pursuant to Plan A
(Int reduced to 3.5% )

jan 1,1976

7s

23

99%

F-A

1941

8s

(Republic of)

25

99% 100

1955

external

—

*56

J-J

AJugoslavla (State Mtge Bk) 7s
AMedellin (Colombia) 6%s

100% 100%

1955

6s

101

101

101

*101

part

•

External

102

109 7/«

16

1962
6Vis

101

(Republic) s f 6s series A
Helsingfors (City) ext 6%s_.

"

10

1949

15-year 3%s

Belgium external

102

2

Irish Free State extl

107 %

100

J-D

101 %

♦101

J-J

Haiti

-

102% 103 %

107

107%

M-S

7

—

101

;

A-O

A-O

94»/». 102%
93
101%

10
.
.

42 ;
103

99

25

M-S

101 %

A6s

43

18%

1

39%

39 %

99% 101

*

A7s

43%

19%

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39%
101

te

100 %,

Greek Government—

44

25

"26%

93%

101 Va 101 Vs

A-O
A-O

Jan 1, 1976
Jan l, 1976

$

French Republic

45

45

437/a

*38

(Commonw'lth)

Australia

25%

*38

J-J

s

s

(City)

*99% 102

M-3

79

105%

102

1945

7s

AExternal

AAntwerp

79

80%

*38

f 7S series D

s

*67

J-J

§ AExternal s f 7s series C__.
fiAExternal

*67

A-O

AEstonia

81

J-J

§AAntioquia (Dfpt) coll 7s A
.1945
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.

F-A

79

95

90%

96

34

101 % 101%.

1969

,

f

s

3s extl s f $—

A

Agricultural Mtge Bank (Colombia) —

98%

(Republic of)—
f $

s

3%s extl
,

93%

4-0
M-S

1961

%Va
93%

•

1969

_

3%s 2d series
El

l(i

series

98%

F-A

1962

Customs Admin 5%s 2d series

Teletype

NY 1-1603

*

89

94 VA

J- J

1942

1940
5%s__;___ 1940

fund

sink

; *89%

to

2.125%)

2008

f 6%s

s

28 y4

1959

Stamped pursuant to Plan A
(Int reduced to 2.125%)

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M-S

*27

2008

33

40

33

Stamped pursuant to Plan A
(Int reduced to 3.375%)
External

bonds of. 1944

$

3Vis Series No.

1979

(Plan

A-O

61

60%

60%

60

1965

A-O

18

99 V4

1963

F-A

99 Vs

99 Va

993/4

19

99

A-O

97'/4

96

97 Va

49

96

1970

J-D

99

100 %

10

1955

4-0

65%

64

60%

65

*66

*75%

68

73

3Vis Series No. 7

77

3Vis Series No. 9—.—

"*77

...

3Vis Series No.

10—1

*75%

77

3Vis Series No.

11

*57

63

3Vis Series No.

12.

85

83%
83 Va

57 Va

■

1957

external

f

Oslo (City) sink fund 4%s

83%

75%

:

s

fund

extl loan

99% 100

99

99

62%

(Republic)—
A
stamped assented 5s
Stamp mod 3%s ext to

1963
1994

Ext sec ref 3%s series B

APernambuco

*57

70

57 y.

61

3Vis Series No. 13

*61

63%

57

63

3Vis Series No.

*57

62%

67

62

*60%

61

57

62%

63%

57%

62 %

57

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M-N

*104

M-S

99

■

*99%

J-D

1967

—

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4«i>

993/4

—

105V4

"

62%,.,
62j r-'rt.
61
>
'

3Vis Series No. 16

*60%

3Vis Series No.

17

*57

63%

3Vis Series No.

18,,-

*57

61'

3Vis Series No4;19—.

59%

60

;

5

60

3Vis Series No. 23

59%

60"%

1

Aires

A 6s

Canada

f

A 7s

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60

57%

62

AExternal loan 7%s_——_>

62

57%

62

64

21

15%

21

28

29 Va

I960

A-O

92%

1961

F-A

1961

J-J

Sep 1961
1961
1962

M-S

1962

A-O

1963

1963

M-N

!

:

;

,

1957

u

-AGuaranteed sink fund GSj
A 6s i assented

J-D

1961

A-O

6s

1962

27%

24%

27%

45

56

23

27%

25%

1

24%

28%

26%

25

27

87

23%
24%

24%

27

38

23%

14

A6s

Of

(Republic
1928

external

Jan 1961
s

f $

Mtge

bonds

Bank

27%

23

26%

25%

25%

26%.!

24%

27

17

23%

23%

23 Va

25%

23%

25%

19

22

26%

1

23%
27

25%

23%

25%

25%

22 V8

1961

8s___

C

;

"*29 *

t,

'

2001

Stamped pursuant to Plan A
(Int reduced to 2.25%^

2006

30

-,

33

38

■

32

*33

__1966

39%

28%

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43

38

41

28

28

2

28

35%

33

—

31

*34

J-J

1946

A-O

33

1

33

39%

—

Stamped pursuant to Plan A
(Int reduced to 2.375%)
2001
AExternal sec 6%s
,1953

A-O

(City of)

8s,

Stamped pursuant to Plan A
(Int reduced to 2%),

—

F-A

2012

1946

*26%

44

*30

32

*33

30

33

33

*27

35

*33

37

28 VB

35

*27

A-O

28 VB

*40%

F-A

—

Rio

Grande do

A8s

extl

(State of)—

Sul

loan

of

1921

Stamped pursuant to Plan^A
(Int reduced to 2.5%)
A6s external sink fund gold:

external

of

loan

1926

Stamped pursuant to Plan A
(Int reduced to 2.25%),
A7s municipal loan

1968

J-D

2012

J-D

1966

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(Int reduced to 2%)—,:
A7s

1999

—

M-N

2004
1967

—

—

J-D

"

—

38

.

35

35

37%

28%

"2

33

27

14

14

A-O

*76

90

22%

32

37

39

30

—

27

21

15

*27

40

31%

For

Financial Institutions

FOREIGN

SECURITIES

FIRM

TRADING MARKETS

26

22%
6

•

2004

27

24

24%

to 2.25%)

25%

20%

tarl marks &

CO. inc.

25%

14

16%

A-O
ArO

see

page 29.




M-N
F-A

90

80%

79

FOREIGN SECURITIES

SPECIALISTS

-

53

50

62%

*44

\

..1*46

i:

.

50 Broad Sh, New

York 4, N. Y.

90

52

53

78%

80%

J-J

*46

52%
54

: _,50,
50

53
i

54%.
50

Telephone HAnover

2-0050 Vv

39

31
.

Stamped pursuant to Plan A

(Int reduced

40%

30

—

27

23 Va

*25

J-D

1970

Sinking fund, ,7s ;of • 1926u_-4_:ig46
ASinking fund 7s of 1927
1947
footnotes

38

27%

27

24

6%s__,1947

.A

For

21

36

*34

J-D

of)—

.

A6s of 1927

AColombia

24V4

15

25%

23%

24%

26%

' i

.

Colombia

21 Va 1

16%

27%

24%

24%

1951

5s

J-J

17

15

15

28 Va

26%

23%

—Oct 1961

Ry)

17

29%

17
*16

27%

22%

M-S

28

27%

M-S

I960

27%

25%

M-N

—I960

:

23%

25

26%

M-N

1962

AChilean Cons Munic 7s
1

24

A-O

—

AGuaranteed sink fund

assented—4.

1

23

26%

J-D

1961

27%

25%

J-D

1961

26%

14

J-D

1957

82

24%
23

27%

A-O

1961

u

fund 6%s
assented,

80

28

25%

M-N

—

6%s

110%

M-S

Sep

i

109 %

108%

25

26%

J-J

1961

Mortgage Bank
A6Vas assented

106%

6

70

,*26%

99

12

F-A

Feb

(Hukuang

11

*65

A-O

Feb 1961

AExternal sinking fund 6s

A Chinese

M -N

1960

Jan

,

99

96%

M-N

1942

sinking fund 6s

A 7s assented

101 Va

J-J

1942

20%,

*26Vs

J-J

t

1

*15%

Mnu'r-

22

100 Va

99%

108% 109%

7s

(City of)

A Rio de Janeiro

100 Va

99 %

2

106% 107

f

99%

15

J-J

assented__„_,_-

A6s'

99%

1954

AChlle

-

19

16 Va

43

.*17

A-O
A-O

'

100%

99

100

99%
100

A-O

sinking fund 6s

i:,iA6Vis

15

1961
s

A6s

ASinking

99%

99%

72

1960

—

assented

99%

99%

4s

f 6s„——Jan

A 6s assented

,

.

:

s

*98

99%

J-J

assented

A 6s

M-3

1984

A6s assented

AExternal

102%

MS

APorto Alegre

62

101

M-N

AExtl

3s

17%

21%

31

102

*101%

F-A

sinking fund 6s

A 6s

62

F-A

A-O

sinking fund 6s

ARy external

A4%s assented

Stamped pursuant to Plan A
(Int reduced to 2.375% )—

J-D

1975

assented

A6s

AExtl

"

21%

15

,1950
—1963

62

103 3/a

1976

assented

gold 8s

62%

99%

1976

of)

•

fund

57

1017/a

4%-4%s—

4%-4%s_—

(Dominion

*'.♦

f

57%

*103% 104

1961

3%s
ACarlsbad (City) 8s
AChlle (Rep) External

-

i.o

64

A-O

A4%s assented

AExternal Sink

62%

*100% 101

1977

25-year

•

3b7

17%

,1968

,

r<>

'

60

1950

external s f $ bonds

3%

i

17%

16 VB

—

63

M-3

4%-4%s

s f
readj

s

62%

,1958

stamped—
s f 4%-4Vis

External

"r

of)—

External

Refunding

13

1957

(Province

External

62

*57

,—

f 5s

Sinking fund gold 6s

1

18

16 VB

{*27V's

A-O

61%

59%

gold 5s_

fund

Sinking
Buenos

i

16%

17%

.,1961

f, 6s 2d ser

s

*57

3Vis Series No. 30-

■

17%

J-D

slAPolftnd (Rep qf)>gold 6s_<.——1940
%
,7 A4%s assented \
,1958
•n
AStabillzatton loan s f 7s_,—,1947

61%

60

3Vis Series No. 29—

t

M-S

—

A-O

62

57%
57

f 6s 1st ser

s

*60%

3Vis Series No. 28—

•

M-S

,1960

external 7s

of)
extl

ANat loan extl

!

'

(Rep

A Nat loan

57

*57

s

57 %

APeru

.

63%.

3Vis Series No. 27—

.

40
36

1947
2008
1959

7s

(Int reduced to'2.125%)—

62

3Vis Series No. 26—

r

101

105V4

36

9R

39

M-S

Stamped pursuant to Plan A

v

*57

3Vis Series No. 25-—,—„

<

60

59

58

%67%

60

•

3Vis Series No. 24—,—

(City)

91,3

63

3Vis Series No. 21

Brisbane

•

,*60%

3Vis Series No. 22——

(

>1.3,
60 %>,

>59%

3Vis Series No. 20_—_______

-

(State of)

*33

102%

61 Va

56%

14

3Vis Series No. 15—

i

104

Panama

'

-

105

10O

100

100

69

76

76

76

78%

76

3Vis Series No. 8.

sink

sink fund

Municipal Bank extl s f 5s
,

3Vis Series No. 6

1053/4
1053A
97%

1956

65%

61

*61%

3Vis Series No. 5.

106

4%s

External

3Vis Series No. 4

99%

Norway (Kingdom of) 4%s

B)—

3Vis Series No. 3

23

100%

100

M-S

.

Teletype NY 1-971

26

COMMERCIAL & FINANCIAL CHRONICLE

THE

(2946)

YORK

NEW

RANGE

Last

Pferiod

Stock Exchange

Sale Price

or

8s_
.1952
Stamped pursuant to Plan A
(Int reduced to 2.375%)_—2001
A672s extl secured s f
.._._1957

Thursday
Bonds

*'34

M-N

Rangh Since

BONDS

Interest

January 1

New York Stock Exchange'
•
: '
"■ *
:
-

Period

Sale Price

No.

High

36

32

50

35%

42

-

fund

\

*56

58

07

I

1S A Consor gold:: Ss.'iAi-.'.li.i—..1945

1

i

t

'

>

ACent .Branchl.UiP Tst-gdld^Sw—JL948t Centraf of;. Georgia* Ry—''

.

•

*48

507a

50

*52
*44

J-J

56 Va

65
•

59

53

60

*43

1960

50

104

83

;

61

•;"

I.

,

79

6

79%

65%

8

10%.
20'
20%

9

26

21

14

13 Va-

99%

17

99%

*130
*130

99 y2
130

130

94%

100

99

90

*941/8

*9'4

30

95
98

95%

,

JWJ

.

.

981/4

96%

102

90

84 Va

F-A

*15

21

18

90
21%

F-A

*12

16%

12 Va

17%

!

r_

J-J

*101%

M-N

*104

Albany & Susquehanna RR 4%s—1975
Alleghany & Western 1st gtd "4s„1998
Allis-Chalmers Mfg 2s debs
1956
Amer & Foreign Pow deb 5s
—2030
American Telephone & Telegraph Co.—

A-0

debentures.:

2%s

conv

2%s

A

debentures-.

!

1

;

j

(

debentures

4

23

107

&'ref 4 %s

1st

Arbor

101

106%

109 V*

104

deb.—:

106% 108%

;

A-O

5

121

119

General 4s

100% 100%

85

100 y4

101%

101 y* 101%

98

100%

103%

73

97%
111%

11378

97%
113

98

113%

—

100%
104

104%

97%

105%

*99

100

88

88

q-j

Adjustment gold 4s_„_July l 1995
Stamped 4s—
July 1 1995
Atlanta & Charlotte Air Line Ry—
1st

mortgage 3 %s

General

114

107

116%

,.114

—'''106

Iff*

104%

105% 106 y«

26'

105 y4

3-J

J-3

30%

J-J
19

J-J
M-S

-106 %

i

A4% e/o

3-J

S'western

31

3

19

19

8

28

19

102%

*102% 102%

•

J

80

88

45

56%

50%

5172

27

50 7a

667a

33%

33%

3

327a

453/4

87

99

.v*-

'

J-J

98%

*91

—

10472

.-

1057a

104%

63

10472 105

-

88 3/4

49

647a

Apr

6572

64

66

155

6174

837»

3

10074

1013/4

mtge 3s ser B_.__

—.1989

—1988

4s

100% 10072

J-J

70

3974
4574

42%

202

4674

30

A-O

463%

Jlf-N

■

42%

M-S

15

127a

787a

39

537a

427a

57%

'

..

103

3-D

105

1017a

mi**■
—':

97

*__

277a

127a

219

15

*101%

3-D

—1951

'

J-D

....

52

—

1934

3%s

71

807a

1

1

6972

1952

Gold

—
.

" Memphis Div 1st gold 4s^_.—..1951

,

103%

71

67

59

667a

*62

F-A
J-J

6874

deposits,

100

97

—

Chic Terre Saute & S'eastern Ry—
1

817a

817a

93'/4

8074

2%-4%S—I——1994

J-3

1994

J-J

—1963
1963

J-J

10672

J-J

104

104

104 V4

10

103

10674

Chic & West'n Indiana conv 4s_.._1952

J-J

105

10574

26

104 3/4

108 y4

M-S

1067a 1067a

11

105%

1073/4

A-O

*2474

243/4

347a

5

24%

34%
767a

&

M

ref

2%-4y4s

Income

—1

40

40%

351

59

§AChoctaw Okia & Gulf cons 5sl_1952

72

72

70

89

1962

4%s series D

787a

*72

—

-

247a

247a

*

*64

Jlf-N

677a

105

,
.

'

A-O

10574

16

1037a

.1969/

E

1st mtge gtd 3%s series

60

mi-m

F-A

112% H2%

5

11274

1137a

F-A

103

1

1023/4

1057a

J-D

*98

9872

J-D

*8172

827a

105 74

'Cincinnati Union Terminal—
:

85
107

106

12

1063/6 10672

A-O

7yy2

—

1975

Cine Gas & Elec 1st mtge 2%s

1st

1st mtge

56%

54%

56%

83

54

74

due Mar 1200o

J-D
JW-S

2%s ser'G—:
..—1974
City Ice & Fuel 2%s debs..—_—1966

54%

52% "55 y4

69

51%

73%

City Investing Co 4s debs—.—.—1961

due Mar 1 1996

Jlf-S

55

52

55

43

52

63%

61

63%

47

60

84%

105

1057a

73%

due Dec 11995

Cleve Cin Chic & St Louis Ry—
General

J-D

I

5s

—1980

M-N

86

J-J

80

85%
80

86

9

84%

5

79

&

Cin

97

80

96

series

B

3-J
3-J

*93

96

92

92

A-O
A-O

*—

Wab

St L Div

103

94%
11

*127% 128%
*98% 98%

Jlf-N

92

127%
98%

98%

Mich

&

129

93

C

;_1977

4s,.:_1991

J^-J

.—1970

3s_

gtd

1948
1950
1931

.

99%

Union Terminals

5%s series A———II972
5s series B
1973
mtge 4%s series C——.——-1977

1st mtge

Steel Corp—

1st

Cons

mtge

ser

I

197,0

Cons

mtge 2%s" ser

J

—1976

M-N

mtge 5s series AC

1967

*102

J-J
101%

102%

101%
11

101%

103 y4

98%

101% 102 %

103%

100%

Boston & Maine RR—

1st mtge 4%s series JJ_—...

96%

96%

1st mtge 4s series RR

3-J

82%

82%

83

20

82%

M-N

46

44%

46

11

42

987a

92

—

„

657a

687a
96

——

823/4

68

72

697a

*923/e

—

803/4

92

95

"

10974 1093/a

—

M-N

*10272

■

—

—

1097a

108%

10

102% 104

—

F-A
A-O

*Z

102

__

A-O

106

107

17

105

109

105

106

17

105

107 V3

43

103%

106%

■

'

A-O

'

108%

102

103%

46%

25

45%

63%

106'% 106%

5

105%

106%

102%

102% 102-%

5

102%

103%

110

A-0

103% 103%

110

1

109%

110%

108% 109

13

108%

109%

108%

108%

105%

108

Colorado* & Southerh Ry—

!

4y2s

91%

A Inc

—

88

"

1

■»

*100

M-S
M-N
A-O

M-N
J-J

Co—■

1st mtge

677a
*55

RR—

D

Cleveland

69%

J-J

3%s gtd...
Cleve Short Line 1st gtd 4%s
t

1

99

82

112

1st

Div

977a

——

93

*..

1st coll tr. gold 4s..— T>p0

3%s

Series

Series

100

J-D
J-D

E..

impt 4'/2s' series

Cleveland & Pittsburgh

1951
1951
Beech Creek Extension 1st 3%s
1951
Bell Telephone of Pa 5s series C—1960
Beneficial Indus Loan 2y2s debs
1961
4

...

—.1.1993
——1993

gold 43—

General
Ref

A

2%s

25

17

69

35

4s

Bethlehem

'

85

48

53

37

stamped

140

85%

AConv gold 4%s___.—I960
Chicago St L & New Orleans 5S—1951

Bangor & Aroostook RR—
ref

88%

80

216

Cleveland Elec Ilium

4s

42%

25
138

73%

1st & ref

Toledo Cinn div ref 4s A———1959

Con

76

80

,

§fAChilds Co deb 5s part paid.—^.194*3
gADebentures 5s part paid——.1957

series

4s

31

94%

56%

-ACertificates -of

Pgh Lake Erie & West Va
Ref

99%

20

537a

101

—

115%
104
100%

95

27%

§ARefuriding gold 4s

Ref & gen mtge 6% (2%% fixed
and 3%% contingent interest) —
Series

112%

6:

99%

94%

<

717a

87

:

114%

9

114

114

112%

563/4

19

M

46

2

73 74

89%

K

124

32

Apr

87%

Series"

124

48';.,

38

138%

J-J

87 y2

,,

132

47%

..1994

A_—

A-O

Series

•

ser

inc ser B._

4%).——July 1 1948

-

1

107
107%

126%

99%

J-J

101

,

114
,

J-J

86%

Series

Ref & gen
and 3%

4s

Chicago Union Station—
1st mtge 3V8S series F
4
1st mtge 2%s ser G—.—

3-J

104%

J'-J

1956

34

May

143%

104%

J-J

1983
2003

89%

mtge 5%
•
~
3%%)
1950
mtge 5% (2% fixed
contingent interest)-—
G—
due Dec 1 1995

140"%

4

Apr

41

28V4

: \

>

87%

Div

104%

6

113% 113%

31

87%

(fixed int at

.

51%

102%

11

106%

,36"

113%

J-J

A-O

1960

.

26

103%.

*122

3d

A-0

95

B—

July 1 1948

convertible.,.—Feb 1

107

40

105% 106%
106

3-J

§ASecured 4 %s-series A

modified bonds
(interest
at

5

41

*128% 131

F-A

A General

1st mtge 5 %
Fixed

105%'4

103%

26

.142% 142%

106%

3-3

t§AChicago Railways 1st 5s stpd
25% partial redemption.—.
—1927
JChicago Rock Isld 8t Pacific Ry—

B
Stamped

21Vat
108

106 ;
104

«

103

142%

M-N
F-A

F-A

1st
•

Baltimore & Ohio RR—
4s—

36%'

24%

104%

-

103%

F-A

1st

mtge

40

24

■

.Jan 1 2044

■i

1st

24%

4
%

Chicago ds North Western Ry—
2nd mtge conv inc 4%s__Jan 11999

107%
1091/2

1948
1948

20

25

conv

10?

104% 105 V*

1966

29

mtge 4%s inc ser A—Jan 1 2019

118

*—

Atlantic & Danville Ry 1st 4s_—
Second mortgage 4s

41

4%s

119%

M-S

Atlantic Refining

2%s debs__.

5

132

M-N

1964

-

._

114

129

J-D

4s——July 1952

4%s A

34

129ya 129%
*114

M-N

—1963

cons

unified

129%

A-0

Nov

.

Atlantic Coast 1st

.

86

Gen

95 Va

19

127

88

67

25%

Jlf-N

99%

88

104 y4

105

Jan

Iyb1

2

44

*_.

..1977

-1st' mtge

106 y2

104

105 Va

A-0

10

31

104

,

Chic Milw St Paul & Pac RR—

|

101%
105%

104%

A-O

108

103% 103%-

I_—1985

series

tChicago ind & Louisville By—
Alst.mtge'4s iricHser A.i
A 2d mtge 4%s Inc ser A.
Chicago Ind. & Sou 50-year 4s

1

103 y4

38

100% 100%

A-O

66%!

.21,

67

'Jlf-N

119%

'

17%!

42%

11

r

*106% 107

F-A

—1974-

ser—.1985

100%

452

97%

3-D

I995

8

44

;

23

1

Chicago ;Gt' West 1st 4s series A___1988
A Gen inc mtge * 4 J/2 s_
Jan 12038

133%

100%

3-J

gold 4s
1
.—'—1995
Topeka &f Santa Fe—

Atchison

17%'';

29%

^

F-A.

Chicago.y&.-Erieulst-gold 5.s—.—_..1982

)

(

120

A-0

1967

67%':

8

100 Vk, 101 VA

45

"F-A

—1969

Nitrate

39'

10

"

..

*21.

3s__—,.1974

mtge 3.y2s

1st mtge; 3%s,

108% *

"l

106 y4107%

M.-S

1st

f

18

,

'

Chicago & Eastern 111'- RR—
-•
AGen "mtgB; inc conv 5sl—,——1997

•

Ann

102%;

29

1987

York Power

New

1st &r ref

98'/a 100

97

101

107

Jlf-S

1962
.

"

67 • '

"

..1987

1

(41/4.% : to, Aug 1-1949)..

t

104%

*—

A-O

1982

••

.

101A

104

107% 107%
107

M-S

1961

debentures

Anglo-Chilean

.

100%

—

1980

Amer Tobacco Co deb 3s
3s

107%

J-3

———1986

'.79

,

—

1975

—

•

f.

".'21.

^

4s

registered

-

JCf-S

debentures—.

106

" .81.

61
,

2

9% 10
42%; ,44

31

Champion.Papert& Fibre deb 3s_—1965
Chesapeake & Ohio Ry—
General' gold„4y2s_.
^^1992
Ref As impt mtge*3y2s D„—J...1996
'Ref «Ss impt M 3y2s series
1996
R- &" A DiV. 1st, COns gold 4s.
1989
2d consol gold 4s.
1989
t AChicago & Altori RR ref 3S—:__1949
Chicago Buylington' &. QuincV RR— ,
General 4s_^
.11
:_j._
.1958

RAILROAD AND INDUSTRIAL COMPANIES
Adams Express coll tr gold 4s
1948
Great Southern 374S____1967
Alabama-Power 1st mtge 3yas
1972

debentures"

103% 105%

24

1031/8

10

' *109%

_.

1stref mtge .2%s_j___.__._l.l970

2%s

41

'

....

§ A Central RR .& Banking Co 5s stamp ^(partial redemption)__ 1942

<

100

981/4
90

<

.1946

:

10

.

J-3

.'

;

100%

941/s

'
,

Central .Pacific 1st ref gtd gold 4s_1949
1st & ' ref series' A

{"
95

A-O

J-J

;

2%s

78

63%

'

79%

9%

A-0

Central

:

—

3-D
F-A
3-J

2%s

79%

J-D

A General

*130

1978

.1956

110

101%

—

Jlf-N

—

i(

39%

t ACehttNew'Eng 1st, gtd :4s__._„ 1961
tACentral-of N'J gen gold 5s_
1987
A 5s
registered..
!
1987

i

10%

*—

M-N

debentures

61

'

8

*18

991/2

1979

conv

'

,

M-N

Cehtral rlllihois' Light' 3 %s__—1966

80%

7%

12

8%

*131/4

External conversion

3s

;

65

104%

61

A-O

IS A Mobile Divlst-gold 5s—"

}
i

91%

Jlf-N

Alabama

94%' 107
108

21

*103% 106 %

.1"

J-D

ARef 85;,geria5s series CI—-^—.i.1959
AChatt Div 'pur, money gold 4s—1951

*;

55

91%

Jlf-N

-4-4%-4'%s extl readjustment
1978
37as extl readjustment.;
—1984
A Warsaw
(City) external 7s___—1958
A4%s assented—
i—^
.1958

,*62
'104'

..

.

F-A

AReft & gen '5%s :series' B_—^..1959

A 4s

3%-4-4V6S ($ bonds of 1937)—
External. readjustment
—1979

3Va-iVa-4-^s extl-conv

55

*89

J-D

—1964

High

Low

51

108 % 109 %.

•!'

,,

8 A IstVmtge ;5si;^i—————.Nov 1945

>

.

56%

53-

50

*49

J-J
F-A

:

97%

95%

,

No.

"

M-S

1946

6s—

sink

64y2

Jlf-N
M-N
J-D

1957

:

6s

A External

68

50

>

-1958
_1958

AExternal sink-fund

587a

A-0

.—1962

Sydney County Council 372s
AUruguay (Republic) extl 8s

Corp'-3 %s debsl_-2____L_L—1960

58y2

A-0
A-0

—

extl

F-A

•

Serbs Croats & Slovenes (Kingdom)-—
A 8s secured external
.1962
sec

Celotex-

50

J-J

Stamped pursuant to Plan A
(Int reduced to 3.5%)——1978

A 7s series B

•

58y2

%

January 1

High

'

J

F-A

A-O

50

58

-

(Int reduced to 2%)———2012
5A Secured ,s f 7s
,_1940

108%

.1981

41

J-J
-

1968

ASilesia (Prov of) extl 7s
A4%s assented—

1st -mtge gtd '4s—

■

Range Since

Sold

Bid & Asked

97%

M-S

Celanesd' Corp 3s 'debs-___L_^__—.1965

317tf

i..

Stamped pursuant to Plan A

.

F-A

J-J

-r—1956

A6s extl dollar doan

{,

i

Stamped pursuant to Plan A
"(Int reduced to 2.25%)i——2004
.

deb stk perpetual

33%

*27

*

——1950

water loan

Ry 4%

Carolina Clinchfield>& Ohio4S__iL1965
Carthage &1 Adirondack Ry—

!

J-3
*

Stamped pursuant to Plan A *
(Int reduced 2.5% )
-—1999
extl

Pac

Bonds

or

Low

J-J

(State) 8s
^._i—l936
Stamped pursuant to Plan A
(Int reduced 2.5% )u__11999

A 7s

Catt

37

*33

&—

§ ASan Paulo

external—.

•f ■,

■

t

42

*29

Jlf-N

(Int reduced to 2%)-a—-.—2012

A 8s

High

38

42

Stamped pursuant to Plan A

'

Low

I

t"

Week's Range
Thursday's

Last

Sold

Thursday's

Bid & Asked
Low

§ASan Paulo (City)

RECORD

FOR WEEK ENDING MAY 30

Week'sRange

Thursday
Interest

BONDS
New York

BOND

Monday, June 2, 1947

(stamped modified)
:
1980
Gas & Elec 3VbS debs—1971

45%

Jlf-N
M-S

66

1st

1st

series II—..——1955
1961
1960
mtge 4V2s ser A
July 1970

mtge

5s

—

*101

,*—'

tABoston & N Y Air L 1st 4s__..1955

F-A

.*25

Bklyn Union El 1st gold 5s__.1950
Bklyn Union Gas 4s debentures—1969
Gen mtge 2%s__
1976

F-A

100 y4

95

Columbia

Columbus

i

102%

29%

30
1

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107%

40

100%

103 y4

Sou Ohio

,

.

mtge 3s series L

1st mtge 2%s__1975

Jlf-N

104

103 3/4 104

40

102% 104

Buffalo Rochester & Pgh Ry—

Corp 3%s..—_ 1965
Consolidated Edison' of New York— •
3%s

modified
(interest
at
3% to May 1 1947) due
1957
tBurlington Cedar Rap & Nor—
J A 1st & Coll 5S
1934
Stamped

A

Certificates

of

deposit
;

5s—.

Bush Term Bldgs 5s

27%

57%

27%

59

26

27%

12

55%
25

72

39

—

1952

gtd

A-O

1955

Bush Terminal 1st 4s_
Consolidated

A-O

59

J-3

1960

'103
93

—

93

93

.

105 v* 105 y4

A-O

101%
1

4

92
105

103

•97

106

Cigar

debentures..

«—.1956

——1953
1st & ref mtge 2%s ser A—
1982,
t A Consol Ry nori-oonv deb 4s—1954
A Debenture 4s_'_———,—..1955
A Debenture 4s_.
t—..1956
Consumers Power 1st mtge 2%s—1975
Continental Bakirtg 3s debs—.1965
Crucible Steel 1st mtge 3ynS
1966
fACuba Northern Ry 1st 5%s_.—1942
3%s

Jlf-N

j.——.1977
1951

Conn Ry & L 1st As ref 4%s__
Conn River Pwr s f A%s A.
Consolidated

Buffalo Niagara El

A-0

■M-S

4s^.—,—i.^1955

Commonwealth Edison Co¬

44

ls t

107% 107%
102% 103

&

Columbus & Tol lsfextl

*106

M-S
J-J

gold 4s—1948

El 3%s——1970

Columbus & H V 1st extl

104

debentures..

ADeposit

receipts

California

Elec

Power 1st 3s

Calif Oregon Power 3yaS
Canada Southern cons gtd

Canadian

1976

J-D

'105%

.1974
5s A

M-N

.1962

A-O

106%

J-J

119%
111%

104%

106% 106%
1067a 107

106

1

10674

106 %

3

10672
119

*108%

J-J

:

F-A

A-0

102

A-0

5

103 %

Jlf-S

103 % 103%

19

30

*27%

30

34

42%

30%

33%

41%

106

106 %

102

106

M-S
J-J

102

16
1

*99%

M-N

*53

JD

43%
*77

J-J

35%

43%

2

81

35%

45.

A-0

-

63% (
52 % !

78

36

Guaranteed

gold 4y2s

1957

11972 119%
lll3/4 112

gold
gold

5s

1969

J-J

27

111%

86 Va

44%

43

35
43%

44

"43%

46

1970

3-D

112V4 11274

4

112 74

11472

geld
gold

4%s
4%s

1955

J-J

11774 11774

1

117%

119%

Guaranteed

1956

A-O

Guaranteed

gold

4%s

1951

F-A

Guaranteed

footnotes

see

Oct

page

29




117

110%

117

11074 11072

2
45

117

1197a

110 y4

11272

Jlf-N

103

1047a

3^1% 104%

2

104

105

937s

21

93

104% 104%
*103%

3-D
A-0

93%

93

,j
i

45% "!

D

1137s

5s

Guaranteed

I

101% i

57

*41%

J-D

104

102

99%
58

}

j

106% i

104%

*40

35%

•

43

National Ry—

Guaranteed

For

103%
104%
103%

*26

J-J
J-J

Dayton Pr & Lt 1st mtge 2%s
1975
Dayton Union Ry 3%s series B—1965
Deere & Co' 2%s debs
1965
Delaware & Hudson 4s extended—1963

101%
103%
103

32

*26

J-J

1207a

1

103% 103%

—

A deposit

102

102% 103*%

103%

J-J

J-D

sei'

11

*102% 104%

rct$———1946
deposit rets.
i—1946

A7%s

A6s ser B

—

105% 106%

113

4

receipts

109

F-A

—-

—1952

A Cuba RR 1st 5s gold

ADeposit

*114%

F-A

97%

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4599

.Volume 165

YORK

NEW

RANGE

Interest

New

York

Stock

Exchange
.

Last

Period

BONDS.

.

Sale Price

or

Thursday's

30

Range Since

Sold.

January 1
Low

Wo.

High

Low

.

Week's Range
Thursday's

Thursday
Bonds

Bid & Asked

27

RECORD
MAY

Week's Range

Thursday
.

BOND

FOR WEEK ENDING

(2947)

BONDS

Interest

Last

New. York Stock Exchange

4

interest

Last

or

or

High

Friday's

Low

High

Bonds

Bonds

No,

Range Since
Range Since
Low

High

Delaware, Lack & West RR Co—
N

Y Lack
1st &

Western

&

ref

M

5s

AIncome mtge
Morris

&

Coll

v

,

1973

M-N

2

45

"

78

,

90

42%

14

43%

45

58%

division

4-6s

May

Power

a79

78

M-N

1993

C

ser

due

Essex

tr

Delaware

div

&

Light

49

62%'

108

1959

Jersey Central Pow & St 2%s
Jones & Laughlin Steel 3y*s

1976

M-S

1961

J-J

mtge

1%

(3%

A

ser

&

Salt

Income

I'/o

(3%

1933

A-0

&

ref
ref

3s

gold 4s__
Tunnel

Chemical

4Vis———1961

2%s

1961

Light

109

Stamped

109%

Plain

110%

91'

1

101

31%

1

30

67%
54

50%
104

91%

31%

108%

62%.

70

60

105% 106 Va

105%

M-N

1965

102%

.

94%

Kentucky Central gold 4S
Kentucky & Indiana Term 4 Vis

M-N

*119

J-J

*155'/a

El Paso & S*western

1st 5s———.-1965

A-O

1965

A-0

5s

stamped

—

31

1961

J-J

1997

A-O

Koppers Co 1st mtge 3s_i
{AKreuger & Toll 5s ctfs

—1964

A-0

1959

M-S

1997

J-D

100 Va 100%

J-D

96%

Gen

mtge

4%s

121

105

106%

105

105

gold 3y2s

105%

106

cons

*11

89

89

1970

1st & ref sink

90%

89%

94

fund

1954

5s

stamped
&

ref

fund

5s—

A 1st

deb-

3s

100%

105

105

105

105

M-S

102%

of

5s

stamped—.

registered

10

104%

105%

5

100%

102%

54

54

55

6

-

•

Goodrich

debs-————

(B F)

Co

1st

106

M-N

Northern

General

5s

Ry

5Vis

General

J-D
•

J-D

1952

J-J
J-J

2

'64

76

69

2

68

82

32

33%

28%

30

30

42%
39%
45%

M-N

33%

M-N

2003

36%

36

43

41%

40%

42%

33

39

52%

67 %

67 Va

68

20

67%

^1949

—1949
-.—1951

115

128 % 128 Va

105tSr: 105ft

5

100%

100% 101%

15 i

mtge 23As

P_—-1———1982

J-3

*

Gen

mtge

2%s ser Q—

2010

J-J

Gen

mtge 2 Vis ser R__

—1961

J-J

88

'

7

Feb

l-.v

,

>•

104 y4

99%
87%

91

97

99

1st & ref'33As series D-————1969

104

62

—

13

72

M-N

61%

64%

7%

9

104 y*

104

4.,
9

72

,

101

104

:

71%

86%

A-O

*106% 107%

105%
94%

105

105

94

94i/4

1980

M-S

Div 4s

1955

M-N

J-D

1$

Atl Knox &

Cine

99%

101%

44

58%

72%

1

100 y«

101%

101

101

99

100

9

M-N

84

84

22

*65
«■

103 Va

Metropolitan Edison 1st mtge 2%s-1974
Metrop Wat Sew; & Drain 5%s—1950

M-N

*105% 106%

A-O

*101%

{§AMet West Side El (Chic) 4s__1938
Michigan Central-—
Jack Lans & Sag 3%s—
1951
1st gold 3y2s
—1952
Ref 8c impt 4%s series C—
:979
Michigan Cons Gas 1st mtge 3V2s_1969
t§AMidland of N J 1st ext 5s_—1940

F-A

*26%

M-S

>100%

M-N

*75

J-J

101% 101%

Coal

23AS——1970

Corp
f 5s

1st s

series A—1962

99

J-D

J-D

M-N

28

..

102% 103%

45

45

45

90%

AAdj income 5s

81

M-N

139

Missouri-Kansas Texas. RR—-

75

10

81

80

18

.

108% 108 %

108%

4

.

'

100%
79

108%

140%
89%

Prior lien 5s

102y4

92

49%

49%

50%

103

48%

63 y4

A-O

15

14%

16%

57

13%

1st
i

1st

gold

1

4s_

-1951

J-J

—————1951

gold 3 Vis—

J-J

Extended 1st

gold 3 Vis„—
—1951
sterling—;
1951
Collateral trust gold 4s
_1952
Refunding 4s
;—
_1955
Purchased lines 3%s^.uc__1952
1st

.

gold

•A-O

3s

Collateral

trust

Refunding

gold

4s

5s—;

J-J

•

—1955

•

—

Joint
1st

&

1st

Chic St L & N O—

ref

ref

series

5s

4Vis

series

A_

C4-

74%

101%

,

100% 100%
91

99

71

9
v-

100

93%

101%

4

93%

100%

,5.
16

11

71%' 74%

113

*107% 109

98% 102

/

90

•;
100%
98% ■10114

67%,

84%

107%

*96

*97

J-J

:

*100.

F-A

*102

1963

„

J-D

1963

J-D

1970
1950

81/

J-J

1st gold 4s

85%

J-J

75'

79
75

*99

101%
99

102

,-1965

F-A

67%

65

67 %

22

A 1st

«Sc ref 5s -series A———

M-S

23

M-S

67%

65

-1978

M-N

103%
101%

72

81 y4

49

>73

1——1975

—;

ref 5s series G—

Moh'k & Malone.lst gtd gold 4s„_1991

Monongahela, Ry. 3y4s series B——1966
Montreal Tramways 5s ext_—_—1951,
Morrell (John) & Co 3s debs——-1958 *
Morris & Essex 1st gtd 3y2s——2000
Constr M 5s series A___1——-1955
—1955
Mountain States? Tel & Tel 2% s—1986
Mutual Fuel Gas 1st gtd, 5s—
1947
Constr M 4V2s series

Nashville Chattanooga
1st mtge 3s

70

Indianapolis Union

Ry Co—
Ref & Imp 2Vis ser .C
1986
{International Great Northern RR—

gtd' 5s_—1945
——1945
New England Tel & Tel 5s A—
1952
1st gtd 4%s series B_!
—1961
N J Junction RR gtd 1st. 4s___—1986

81%

98%

•

98% 101%

A 1st

6s series

A

1952

99%

101%

97%

.

97%

97%

98

J-J

46%

44

46%

158

A-O

16 V'4

14%

16y4

105

14%

30

42%

42%

42%

10

40%

59%

1956

J-J

47y4

59

§AInternat Hydro-Elec deb 6s

1944

A-O

97%

106.

Int Rys

1972

M-N

1952

J-J

5&

A 1st

gold

series

5s

July 1952

B

series

C

*40%

46

43

65%

%

International Tel
For

footnotes

1st

& Tel
see

5s

4Vis

page




B

29.

-99%

93

*103%
100 &

100 &

100

128

99.%. 103- /

—

100%

"4

,

F-A

39%

62 V*

85

63

84%

51

16 V2

18%
67%

21

67%

208

65

,67

63

M-S

.

63

167

2

15%
63

32
84%

62%

85

60

78

*101% 103

M-N

106
103

101%

1

105%
100 %

105% 105%

105%

F-A
J-J

103%

J-D

57%

56

57%

12

53%

63

M-N

66

65.

66

28

65

72%

M-N

60%

60

61

15

59

68

„

100% 100%

M-S

\ 4

*101

M-N

RR—
4%s series A———1952
1st gtd 4s
1953

99% 101 Va
iooya 100%

100-ftr 101%

•

A-O

J-D

.

A 1st 5s series

of

C

68

ACertificates

of

104 %

105

106 J/a

J-D

123%

%

106 Ve
84

68%

68

68

68

63

81%

107

109%

123% 124%

123% 123%
*__

F-A

M-S

*107

J-J

110
108

*105

J-J

102%

78%

86%

78%

78%

41

80

92 Va

83 Va

90

877/a

45

81%

92

87

10

83

87

82

A-O
F-A

87%

83

87%
88 Va

86

5

87

•86%
*__

.-1954

87

106

102% 106%

102 Va 105

*77

A-O

105

104%

105%

109

101

109%

*101

J-J

101

105%

*104%::
*1067/8 107%

deposit——
——JL956
deposit
—

103%

20

68%

J-J

M-N

99%

16

105% 105%

100

"M-N

J-J

97%

99

103% 1037/a

J-D

87%.

series B__

ACertificates
-

*98

F-A

& Northeastern

{New- Orleans Texas & Mexico Ry—
{ ANon-cum inc 5s series A_
1935
ACertificates of deposit—
A 1st 5s

Cent Amer

3s__*—1974
._1983

New Orleans Term

J-J

A 1st

Orleans

Ref & Imp

j

1956

AAdjustment 6s series A

Jersey" Power & Light
Great Nor 5s

New Orleans

New

J-D

—1986

§{ANew England RR
{AConsol gtd 4s

85%

*100% 103

,

18%

212

& St Louis—

ser B

Products 2%s debs_1970
National Steel Corp 1st mtge 3s__1965
{ANaugatuck RR "1st gold 4s_—1954
Newark Consol Gas cons' 5s_„:—1948

New

Indiana 111 & Iowa

•

86%

286

67

65

18%

A-O

gold 5y2s ser A_—
."-1949
ref gold 5s series H—_1980 •
A 1st & ref 5s series I_l——1981 *
&

•

67%

/

65 Va

M-N

A 1st

92%

3

'

23

19%

5s .series F___^———1977

General 4s

85%

V2;

N

88%
75

85

adjust 5S series A_„ Jan 1967
{Missouri Pacific RR Co—

50 Va

National Dairy

100%

82%

62%

72%,

48

4..."
J-D

48

71%

98%

—

%_

69

,

97%

97

' 105

*100%

100

97

..

96

62

71%

100

96

97%;
~

75

7

100 y2

98

100

*—

2

64

108 ya

100%
98%

98%

J-J

ser A

Illinois Terminal Ry 4s

96

J-J

J-J

1951

94%

90

100

F-A

1951

1963

1st ref mtge 4s ser D__

F-A

J-J

Springfield Div, 1st gold 3Vis_„1951
Western Lines 1st gold 4s___—1951
Registered —4
111 Cent and

M-N
J-D

,•

Omaha Div 1st gold 3s__—1951

St Louis Div & Term gold 3s
Gold 3%s

100%

94

95%

'

M-N

^ 1966 1

103%
101%

71

A-O

M-N

Cairo Bridge gold 4s——^——1950

Litchfield Div; 1st gold 3s—---11951
Louisville Div & Term gold 3Vis_1953

•:

•

M-S

i——1953

40-year 43As

*101

•

101%
100

~l'

101% 101%

77%

63%

64

49%

105%

102

*103 Va 105

102%

77%

J-J

AConv

10

95%

A-O

A 1st &

185%

105

58%

69%

J-J

A 1st & ref

105%f

43

43/2s series D———1978

A Cum

23%

J-J

33
34

4

Prior lien

97

45

75%

.

series A————1962 '

series

90%

44

74%

J-J

A

Illinois Bell Telep 2%s sgries A_—1981
Illinois Central RR—
\
'

6

111
57%

73

J-J

J-D

B„_1962

40-year 4s

86 Mr

109%

F-A

Feb 1957

J-J

Jan 1991

Mo Kansas & Texas 1st 4s_—u-.—1990

95

81

109%

*110% 110%

M-S

A-O

93

103%
105%, 106 Va
101
102 y»
21
29.%.

*103

rt

83 Va

103

J-J

A—Jan 1971

,

100% 102%

*138

J-D

Hudson Co Gas 1st gold
5s_:r
1949
Hudson & Manhattan 1st 5s A—-1957

ser

mtge 4s inc ser A_.

*101% 101%
80

102

100

A Gen

Household ^Finance
Hudson

77%

67

M-N

coll 4s ser B,———1954

1st- mtge -4%s ,Inc

1st mtge 25/sS—1976
Hocking Valley Ry 1st 4Vis———1999
l§AHousatonic; Ry cons gold 5s—1937

'

:

31

68

67

68

Minn St Paul & Sault Ste Marie—

M-S
J-J

94

M
Maine Central RR 4%s ser A

H
Hackensack Water

108%
98%
103 %
111% 112

105

99

*112% 114

1960

25

99

.—,—

3

61%

59%
'

101

ref M 2%s ser G

1st mtge &

100% 100%
3

2003

104

AManila ,RR (Southern Lines) 4s—1959
Mead Corp 1st mtge 3s_—
—1966

102 ya

—

104

72

A-0

mtge inc 4s ser. B w i
—2044
Gulf States Util 1st M 2%s
——1976

A-O

:
115%
105%
106% 107%
104

113 %

Manati Sugar 4s sink fund—Feb 11957

•

J-J

Gen

101%

St Louis Div 2d gold 3s-

96 y»

7% ;• 7%

*104

J-J

mtge inc "5s series, A——1—2015

22

7.

RR

1st & ref 4s series B———1975

M-S

2003

series F

3%s

M

106%

97%

*63%

-

104

102-

104%.

88

88

Feb

t'A

126% 129
100%

96%

*97;

A-0

101%

133

Gen

Greyhound Corp 3s debs_—1959

ref

1st &
•

117%

131

100% 100%

AGreen Bay & West deb ctfs A
A Debentures ctfs B——;—

118

11

*113% 1137/a
104% 104%

A-O

1966

3y2s

102

M-S

1963

& Elec

Louisville Gas

103%

6

128 Va

J-J,

118

102

102

F-A

debentures

1st &

128%
116

102

*118

M-S

Co deb 5s—

113% 113%

M-S

—1949

80

127%
113%

*127%

113%

Eouisviile & Nashville RR—

82

102%

27

31

A-O

ref gold 4s

stamped

3s

1

68

M-N
■„

M-N

(P)

70

40

—1962

77

9

'

36%

33 Va

,

Little Miami gen 4s series A

106

6

J-3

Gen

61%

68

61 %

J-J

A-O

133..: 133:

J-J

Ohio

87

58

A-O

101% 101%

—

mtge 3 Vis ser N__'_;_—1—1990
Gen mtge 3 Vis ser O—2000

&

82

1965

115 y8 115%,

115 %

J-J,,

1077

Gen

Gulf Mobile

15
37

Liggett & Myers Tobacco; 5s——1951

4

•

A—A—1973

series E——_———

SVM

*101%

General 4Vis series D_——___—A1976

ser

82 Vo

60 Vs

Lexington & Eastern Ry 1st 5s

105% 105%

—

v

102%, 102%

4 Vis

.

81

81

M-N

1947

B

C-

87
82 Va

72%-

104%

106

*105%

M-S

mtge 2%s_1965

Co—

series

series

82%

65%

,

1969

Grays Point Term 1st gtd 5s
Great

82%

50

4s

inc

82 %

F-A

—2003

*

5s stamped modified
.—2003
Lehigh Valley Terminal Ry ext ,5s_1951

Lorillard

conv

83

—2003

modified

stamped

Guaranteed

A4s

87

14

82

,-2003

Long Island unified 4s

Gas & Elec of Berg Co cons 5s
1949
General Realty & Utilities Corp—

101%

83%

84

Lehigh, Valley RR—

104% 105%

M-S

1956

100% 101%,
10O

2

14

F-A

gtd' 5s——1954
Lehigh Valley Ry Co NY 4y2s ext_1950

100 J/4 100%

deposit

Francisco Sugar coll trust 6s

88

101%

83%

—1974

100%

M-N

1974

98%

83%

56

& ref 5s series A—

ACertificates

13

84

Leh Val Harbor Term

J-D

1961

75%

100% 100 %
F-A

1974

105%

99%

*99% 100%

M-S

4%s—-—1959

3%

99%

97

2

*100%

F-A

1964

1st & ref sink fund 5s

4s

1st

105 V*

99% 103%

80%

98% .100

98%

1964

4%s registered
& Rub

2%

80%

._1954

sink

stamped

4%;s

{Florida East Coast

187

104
2%

,

105

-

2%

A-0

4s stamped modified

Firestone Tire

102% 102%
104

94 Vi

*—

,

Lehigh Coal & Navigation Co—
S F mtge 3Vis scr A____
Lehigh Valley Coal Co—

81

J-3

A-0

cons

1st

59%

64

J- J

1st cons

1st

44

112%

180

*184%
105

Deo

5s

62

mtge 3 Vis ser E
1964
mtge 3'/8S ser F——1990
mtge 3Vis ser G_——2000
1st cons mtge 2s ser H
1953
Ohio Div 1st mtge 3'As
1971

A

108

112 Va

—

Ltd—

1975

113

64

J- J

series

1997
Co

mtge income reg

112%

*—

Nitrate

5s

2015

inc

68 Va

107

—

*112%

L

V

Co—

71

*107%

^

123 Va

59

4V2s-unguaranteed
Kings County El L & P 6s_

*52%

104%

122

*122% 126

J-J

1st

Erie Railroad

105

J-J

107%

105

105

102%
104

J-J

36

104%

—

105% 105%

M-S

104 Va

26

-

;

t

1001/4 101 Va

119%

—

104 y8

1961

A 1st

1956

-

—1961
I

3%s registered

(NY) 1st cons gold 5s
1995
Elgin Joliet & East Ry 3Vis—-—.—1970

—

J-J

Lautaro

East Tenn Va & Ga Div 1st 5s

;
.

105
100
104% 105%

7

*101

J-D

1961

Lake Sh & Mich Sou

Ed El 111

2

104 % 104%
102% 103

A-O

106 y4

108

101

J-J

3 Vis

M

1st

A-O

1974
—1987

107%

*88

J-J

gold 5s__1937

debs

2.35s

t§ADul Sou Shore & Atl

1975

"I

*67

108

108

M-S

B__1976

ser

93
105%

104%

104"% 104%

104%

105%

*50 Va

J-D
M-N

-A-O

1st mtge 4s ser A
Kansas City Terminal Ry 2%s

71

71

Kansas City Power & Light 2%s_—1976
Kansas City Southern Ry 1st 3s___1950

2

108% 108%

J-D

1995

Det Tol & Ironton RR

Duquesne

59 Va

A-0

17

*108% 109 %

3-D

—1970

series H

Detroit & Mackinac 1st lien gold 4s 1S95

Dow

.38%-

Kanawha & Mich 1st gtd gold 4s—1990

106 y4

106

M-S

mtge 3 Vis series G_„1966

&

&

89%

71

71

71

J-J

1965

F,.

Gen

Term

81%

1

series

4s

„

fixed

Gen

ASecond

277

45

Lake-

mtge

Edison

Detroit

40 %

45

Apr

—2018

contingent int)

Detroit

190

84

(41/2%

mtge ser A
contingent int)

Denver

81%

84

J- J

._1933

AIncome
'

77%
103

102%

K

fixed

contingent int)

18
13

78%
*104

Denver 8c Rio Grande West RR—
1st

80
104%

103% 103%

79%

J-D

109%

64

104y2

*104

A-0

1973

51

49

49%

2042

1

3s__

James Frankl & Clear 1st 4s

m

Monday, June 2, 1947

COMMERCIAL & FINANCIAL CHRONICLE

THE

(2948)

BOND

YORK

NEW

RECORD

FOR WEEK ENDING MAY 30

RANGE

Week's Range

Thursday

Week's Range

Thursday
Interest

New York

Exchange

Stock

Last

Period

BONDS

Sale Price

■New Orl Texas & Mexico—Continued
A 1st

4V2S

A Certificates

F-A

82

80

82

A-0

II

88'/2

89'/a

of

deposit

Ref

&

Ref

&

N

series

4s

77

gold 3 Vis

F

ser

72%

92%

88 Va

31

88

98

69 Vi

A-0

77

74%

J-J

88

88

86 V*

85 y4

94

*67%

70

67

70

65

67

20
1

67

f-a

61

_1980

J-D
A-O

.

86 Va

72%

Connecting RR 2%s ser B

1975

A-O

N

Y

Dock

1951

F-A

2000

m-n

miy8

2043

J-J

101%

*103 Vi 108 y2

N Y & Harlem

4s

gold 3 Vis

Mtge 4s series A
Mtge 4s series B
N

Y

Lack

4Vis

&

102 V* 102%

*

J-J

1973

m-n

A

1st

ANon-conv

1947

3Vis

deb

—1947

1

ANon-conv deb 3Vis

1954

5s

B

5s

gen
gen

series

series

C

4%s series D

1964
1966

APittston Co 5 '/as inc deb
Potomac

El

1st

Pwr

M

3'As

103

103 Va

106

1st mortgage 3'As
t A Providence Securities 4s

103

__

110

Terminal 4s
Public Service El & Gas 3'As

1977
—1957
1956

*66'/a

66

70

Vi

80

tAProvidence
1st

85%

71

30%

4

30%

29

30%

m-s

29

28%

1st

43

10

27%

January 1

No.

Low

High
125%

J-D

110

110

6

110

A-O

110

111%

15

110

127%

A-O

95

95'A

39

95

103%

M-N

*103%

102%

—

102% 102%

J-D

105

J-D

*105

J-D

103%

100%

102%

105

104%

105%

105%

104%

105%

*75

80

77

92

A-O

80

80

5

73

91%

A-0

74

74

4

73

91V2

J-D

*102

102%

J-J

29

28'/a

29

8

28%

31

105

28%

ref mtge 8s

&

*__

J-D

*125

*118'/a

J-D

J-J

*106%

F-A

—

98'/a

100%

106%

98%

98'/a

J-J

107%

*112

—

*__

M-N

17

15%

15

*__

M-S

100

J-J

*110

M-N

*108

109'/a

J-J

*160'/a

J-D

*237'/a

J-J

*102%

109 %

111%

110%
108'/a

108

—

162

164

—

237

237

102 Va

103%

41'A

28'/a

1972
2037
2037

5s

ref mtge

103

103
127

F-A

41

A-O

&

1968

&' ref mtge 3s

1st

12

71

71

—

JN Y New Haven & Harford RR—
ANon-conv deb 4s

1948
1962
—1974
1977

4s series A

101 Va

7

104 '/a 105 y2

m-n

1973

series

B__

gen

•

2043
4s

West

series

gen

1st

97%

96%

Ashtabula Ry

Pitts Youngstown &

101%

90%
25

967/a

Y

gold

series C

1959
1960

1st

91%

N

1st

series B

1st

*90%

Range Since

Sold

77

61

96

1958

1st mtge 4%s

74%

62%

96

61
96

mtge 4yas series A

,

73 Va

F-A

debentures

1st mtge 4Vis

81 Vi

*__

F-A

3%s

1st

*84%

J-J
F-A

1986

registered

New York Chicago & St Louis—
Ref mtge 3Vis ser E

3s

88

67

1997
1998
1998
—1998
1998

registered

1st mtge

;

3%s_1964
Coal—
1965
Pitts Steel 1st mtge 4'/is
1950
1st mtge 4%s series B
1950
Pittsburgh & West Virginia Ry

82%

68

69 Vi

1997

Mich Cent coll gold 3Vis__

3Vis

1970
1975
1975

series A

5s

Consolidation

Pittsburgh

81%

64'/a

65%

2013
2013

registered

3Vis

61%

57%

A-0

& Hudson River RR—

Lake Shore coll

95

mtge 5s series B
mtge 3%s ser E

61

F-A

General mtge 3Vis

3Vis

Gen

Gen

143

1998

A

impt 4Vis series A
impt 5s series C

Y Central

mtge

97%

Pittsb Coke & Chem 1st mtge

New York Central RR Co—
Cons

Pgh Cine Chicago & St Louis RR—

89

86

100

*86

Bonds

High

High

86

28

deposit

Low

Gen

1956

of

series A

5 Vis

Period

Stock Exchange

79 '

15

1954

D

series

A Certificates

A 1st

Low

No.

High

Low

January 1

Sold

Bid & Asked

New- York

Last
or Thursday's
Sale Price
Bid & Asked

Interest

BONDS

Range Since

Bonds

Thursday's

or

43%

29

m-s

ANon-conv deb 4s

1955

J-J

21

ANon-conv deb 4s

1956

m-n

30%

28

29%

86

28

43%

1956

J-J

30

28'/a

30

15

28

42

1948

J-J

34%

30%

35

159

30%

51

A-O

55

54%

56

40

54%

76%

ADebenture

certificates

AConv deb

6s

$ACollateral
A 1st

6s

-1940

4s

ref

&

____

trust

ADebenture

3Vis

1957

4Vis

series

of

1927__1967

M-N

11'/a

10

11'/a

55

9

20%

J-D

32%

29%

32%

113

29

1964

Quaker Oats 2%s deb.

47%

„

R

t A Harlem River & Port Chester—
1st

4s

1954

—

£ AN Y Ont & West ref 4s___ June 1992
AGeneral

4s

1955

N Y Power & Light
N V fi-

P"tv->"rr|

1st mtge 23/4s_1975

1

4g_

N Y State Elec & Gas
N

Y

oieaui

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iot

_

2%s

gold

1977

&

Niagara Falls Power 3Vis
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Southern

AGen

mtge

Central

Gen

&

ref

4s
3s

&

&

"Ref

&

29'A

40

34

—

12

*_.

93

85

&

gen

ref

1974

135

9

108%

33%

43%

15

34%
135

.

*__

M-S

—-

y

132%

mtge 4'/aS

Gen

mtge 3%s

Gen

126%

128

—

128

Lawr & Adir

St

1997

3s__

Jan 1 2047

2047

Q-J
Q-J
Q-F
Q-A

65 Va

101

20

65%

62%
*60

109%

60%

99 y2

*__

76%

61

VW*'

96

A,

9

7

*105%

*105%

m-s

*108'/a

gold 6s

L

:

72'a

r

2nd mtge

1997
2022

A

4'/is ser A

-

1st

I A2d

90% 101

4s

1989
Nov 1989*

certificates

bond

4s

ctfsJ^

bond

inc

.—2047

J-J

91

90 Vs

91

2047

J-J

95%

95 '/a

95%

2047

J-J

94%

94%

95%

18

94%

103%

St Paul & Duluth 1st cons

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Northern States Power Co—

1975

M-S

99%

99'/a 100 Va

30

99%

103%

(Minn;
1st

1st

4 74 S

F-A

103% 103%

104%

St

102%

8

5s series A

AGen & ref gold

103

*102% 103%

A-0

1952
1990
gold 4S-1968

§ A 1st term & unifying. 5s

1041

92 %

104%

Scioto V

Paul

1941
1971
1989

RR gtd 4'/is
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1st gtd 4s

Line

§AShort
1974
1975

mtge

mtge 2%s

Union

& N E

Seaboard

43

10

J-J

10

10%

Line

Air

RR

JOgdensburg & Lake Champlain Ry—
Ohio Edison

1st

4s

1948

19

12

26

13

13

13

J-J

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M-S

5

105%

107%

1975

A-O

102% 102%

1

100 %

103 Va

1975

F-A

101% 101%

5

101

103

A__1960

A-O

105

107

107

11

105% 106

106

1

i

ser

:

*__

J-J

debentures

Pacific

Southern

&

ref

3Vis

series

I

1966

J-D

108% 108%

l

108%

1st

1st

&

ref

3s

series

J

—1970

J-D

106% 106%

8

106%

107%

&

ref

3s

series

1971

J-D

108 '/a 108 %

5

107

109%

Gold

1979
„——1985
Ry 1st mtge
1994

K

1st

&

ref

3s

_1974

J-D

1st

&

ref

3s

series

M

1979

J-D

1st

&

ref

3s

series

N

1977

J-D

series

P—

1981

J-D

debs

1985

Tel

27/as

&

Tel

2%s

G & E

Pennsylvania-Central
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inc

conv

Pennsylvania
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38

A-0

105%

J-J

M-S

*105%

109%
109 %

1st

102

104

1st mtge 2%s

104%

104%

106%

104

104

Devel

106

106%

Devel & gen

105% 106
—

—

__

—

57

56

57

23

51%

67

107

A-O

Glass

Pennsylvania

Power

ctfs

Sand

&

1952

3Vis

Light

i960

m-n

107

107

2

106%

108

J-D

104%

104 Va

--

--

Co—

mtge 3s___

A-O

1965

A-0

105% 106%
*104%

105

108%

103%

41

__

104%

Pennsylvania RR—
Consol

Cons

sinking

General

4Vis

General

5s

General

4 Vis

Gen

mtge

Conv
Gen

Peoria
Pere

&

F-A

118'A

81%

84%

314

79'/a

J-J

46 '/a

40%

46'/a

405

37%

57'/a

100'A

104%

100% 100%

100%

M-N

106

105 Va 106

'74

104

112

111

112

67

110%

125%

1981

A-O

102

100

102

93

100

118%

1984

J-J

101%

100% 102

34

100%

118 %

100%

100% 101

208

99%

103%

11

90%

101

Texas Corp 3s

101%

Texas

D

E

96

i960

ext—

A-O

1974

1980

97%
*100}g

s

92'A
__

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M-S

13%

8

14

—

—

31

—-

67

13

F-A

D

—

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91%

Apr

Ry 5Vis
ser

118%

M-S

Apr 1990

102

General

5s

series

General gold

Philadelphia

Philadelphia

RR

101
59

26

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104

31

Ref

4Vis series C

1977

J-J

Electric

1st

&

ref

&

ref

106 Va

100%

&

ref

&

ref

1961

2%s

1st

2%s;

A

Certificates

Phillips

*__

of

Petroleum

Pittsburg Bessemer

J-J

1st

&

■

J-D

1974

m-n

105

1981

J-D

104% 104%

105

s

I1937

f 4s„

J-J

deposit—__
2%s

debs__

*—
1964

F-A

104

F-A

& L Erie 27/8s

series

IIl953

F

ZZ

100

Cons

gtd

gtd 4s series H__———i960

&

_IIl963

F-A

Con

sgtd 4Vis series

For

footnotes

see

1957

1964
page

1970
1990
2000

3%s ser C

1st

Pacific

gold 5s

Gen & ref M 3%s ser

.-

33'/a

33%

F-A
A-O

32%

34

106'/a
130%

6

99%

101%

102

58'A

76%

94 %

97%

„

100% 101
61

97%

99'/a

99%

A-O

63%

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63%

J-D

*__

J-J

99%

98%

77

99'A

*101%

F-A

44

106%

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130'A

*106%

M-N

74%

j-

102%

103%

29.




105

9%
•

130

121

126%

106%

108%

103%

105%

103%

93

103%

102%

108

F-A

103%

J-J

M-N

95%
88'A

m-n

90%

88 3A

191
47

8 3'A

26

105'/a

106 %

89%

94%

91%

83'A

■

*

J-J

•

119%

J-J

85

12

84'A

93

w.Mm

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28

119%

119% 120'A

91

95

92'A

95

A-O

85

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J-J

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102%

72

106

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104%

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88%

87

106

106

A-O

109 Va

102

__

96%

94%
87

88

m-n

107%

3
32

92%

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—

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108%

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108

J-J

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33

103 Va

98

100

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94%
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103'A
116'A

A-O

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108

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111

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116

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104%

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104%

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103%

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102

104%

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Apr
99 3A

99'A
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101%

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104% 105'A

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127%

129

50

104%

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34

106'A

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3

98%

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98

11

129

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106

105% 106

m-n

107

106 %

107%

100

A-O

97'/a

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104%

103

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92%

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89%

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237

47'/a

92%

J-J

IX

101% 102
*1031%

96

130'A

*135% 144

J-D

1974

1960
Jan 1960

1st ref 4s

129

J-J

income 5s
Tol & Ohio Cent ref & impt 3%S—1960
Trenton Gas & Elec 1st gold 5s—1949
A

Adj

Tri-Continental

Corp

2%s

debs—1961

50%

48%

.104

A-O
J-D

m-s

100%
70

101

m-s

100'A
105%

101

101

96

104

6

102

111

112%
104 y4

105%

103%

104%

U

14%

9

20

9%

11%

103%

104%

99%

100%

100

*—'114%

106

-1971

A-O

1945

115%

A-O

2%s

Union

118

us'

118

118

119^

i2i%t'1;
r,

118,j,

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—

35

2%s
;

debentures
RR—

Pacific

Ref mtge 2% s

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..1970

J-D

*103%. 104

...1976

F-A

-1991

m-s

—
■

series C„„

—

—

,

'

„

debentures—.

—

105

J-J

116%

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118

2

111'A lll'A

m-n

-1975

106

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118

100%

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105%

104

110

M-N

99

59

99% 100%

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A-0

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E

Pacific-Missouri Pacific—
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.

J-D

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series

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Cons

4s

105

*104% 105%

9

J-D

4s

2

M-N

~1996

gtd

108% 108%

_1971

1st

2019
1985
1965

D

New

ref M

&

Texas

104%

130

~1

_1967

1

Pgh Cine Chicago & St Louis Ry—
Cons gtd 3Vis series E
1949
Cons

129%

121%'121%

.

'

t§APhilippine Ry

imp 27/aS series

Orleans RR—
1st & ref M 3'As ser B

39

Co—

2%s_.

1st

4 Vis

23/4s

1st

*112

J-D

of St Louis—

Assn

imp M 4s ser C

&

Ref &

75%

12%
106

103

F-A

tr

100

33
Terminal RR

Term

1974

coll

102%

79%

103%

Co-

B_

Co

96

104

102%

Texas

Bait & Wash

93%

'

*102 hh

J-J

1947

102 U 102%

102 tt

A-O

1985

„

Union

88 Va

71

106

101% 102

101%

J-J

118%

J-D

1952

4s

83

172

*87

J-J
J-J

122%

J-D

1968

1972

debs

2%s

1965

Marquette Ry 3%s

Phila

Co

i960

3Vis ser F

Pekin

&

1st sold 4y2s—?013
2%s debs
1968
Standard Oil (N J) deb 2%s
-1971
Sunray Oil Corp 2%s debs
1966

4Vis

B___

series

4s

1951
debs—1985

ASpokane Internat

m-n

series

Eastern

&

AIncome

6s series A

Southwestern Bell Tel 2%s

m-n

Peoples Gas Lt & Coke ref 5s_
Peoria

1956
1956
1956
1996

4s series A

gen

1948

3 Vis

mtge

cons

gen

1948

fund

4 Vis

deb

&

dollar—

series A

series

1st

Ry

&

6'/is series A
Memphis Div 1st gold 5s
St Louis Div 1st gold 4s

Swift

gold 4s—
stamped

sterl

4s

Southern

Standard Oil of Calif

_1975

f debentures

^1986
—1996
——1961
gold 5s
1994

series F_
mtge 2'As ser G

Devel

i960

trust

E

92'A

84%

Co—

RR

Pacific

mtge 27/8s ser E

101%

1st

—1969
1981
—1950

1st 4s__

San Fran Term
Southern

8

*104

5s_1949

109

107

18

103 Va

103

-1977

(Oregon Lines) A

4%s

107%
'

Airlines—

debs

Pennsylvania

3s.s

103

—

Co—

series

4s

J-D

1955

cons

—

1

4'As

107

7

108%

103'A 103'/a

103%

108%

6

108'A 108%

108% 109
*108

1986

1st s f gold 4Vis

Paterson & Passaic

1st

L—

debentures

Paducah & 111

,

92 '
100'A

J-J

Co—

Gold 4%s

1st

Pacific

97

,

1st

2%s

II

*99%

J-J

J-J

2%s debentures

Pacific Gas & Electric Cn—

ref

90

90

J-J

Southern Indiana

&

105%

84

84

A-O

—1996

3s

1st

15%

104%

*104% 105

M-S

Southern Bell Tel & Tel Co—

%

y

series

13%

8

"3

106%

mtge 3s

1st mtge 23/4s
Oklahoma Gas & Electric 2%s

Oregon-Washington RR 3s

8

Co—

mtge 4s ser A

AGen mtge 4'/aS ser

guaranteed

52%

41

37

44%

*8

A
2016
Seagram (Jos E) & Sons 2'/is debs_1966
Shell Union Oil 2%s debs___
-1971
t§ASilesian-Am Corp coll tr 7s__—1941
Skelly Oil 2%s debs
1965
Socony-Vacuum Oil 2'/is
_1976
South & Nor Ala RR gtd 5s
1963

1st

A 1st

—

m-s

tSt Paul & Kansas City-—

impt

__

J-J

tSt Louis-Southwestern Ry-r-

4Vis series A
impt 5s series C
impt 5s series D

■

„

St Louis-San Francisco Ry Co—

113%

102%

53

102% 103%

103 Va

1971
,_1996

——-1996
Rocky Mt & P 5s stpd
1955

2d

St

3s ser A
1st gold 5s

1st mtge 4s ser

1997

110

m-s

m-s

109

126%

128

110

108%

*128

Gen

136%

129

*121

M-S

1974

5s

33%

108

m-s

m-n

Rochester

20%

17

108% 108%

108%

99%
104%

series D
1977
series H
1967
mtge 3'/is series I
:—1967
Gen mtge 3'As series J
1969
t§AR I Ark & Louis 1st 4%s
1934
t ARut-Canadian 4s stpd
1949
t§ARutland RR 4%s stamped
1941

Copper & Brass 3y4s
Gas & Elec Coip—

Revere

85 %

9

16

94

103

*94%

m-n

15'A

9%

10%

9%

10%

•«—

95%

*102'% 104%

D-1995
1960

Reading Co 1st & ref 3%s ser

Saguenay Power

registered—

Ref

iRef

105%

5

*__

A-0

4,Vis series A

lien

9

31

*__

—

M-S

registered

General

77

103'A
107

A-0

1st gold 4s_1996

59

103%

31

J-J

1966

104%

102%

7

5

105'/a 106

m-n

2014

inc

conv

Northern Pacific Railway—
Prior lien 4s
i

10

62%

62

5%

Ry Co—

5s

Norfolk & Western Ry
North

8

3

103'A 103%

■

F-A

1943

4Vis

28

46

103y4103'A

F-A

1946

5s—

14

9%

J-J

1940

1st

Bost

——

104%

3'A

62

J-J

1937

4Vis_

t§AN Y West

M-S

100%

8%

—:'

J-J

o'/as

t AGeneral gold 5s
tATerminal 1st gold

-

100%

3'A

9%

M-S

J-D
A-0

1

fN» Y Susquehanna & Western RR—
§ 1st refunding 5s
i
1937

JA2a

*__

M-N

^991

,

104%
97%,

104%; 105
97%

97%

.

...

-<71

32

103

34'A

35%

102 %

105%

102%

104'/a

103'A- 106 Va
97
98%

THE COMMERCIAL &

Number 4599

,Volume ;165

NEW

YORK
RANGE

Interest

Exchange

Last

Period

BONDS
York Stock

Sale Price

or

High

MAY

30

Thursday

Range Since
January 1

BONDS
New

NO.

Low

York

Stock

Interest

99%

3

15

99%

M-S

*1021%

103 J/4

99

100%

100 %

100%

—

Funding & real

102%

gold
30-year 5s
2%s
West

estate 4%s

f

series B

4s

.1957

1st

4s

.1949

M-S

.2003

1st

M-S

J-J

5s.

*._

M-N

105

Walker

(Hiram)

Walworth Co
Ward

Jan 1981

G & W 2%s debs_1966
debentures 3yis_1976

M-S

103

J-J

2361

100 %

Winston-Salem

1960

J-J

111

103

109

106

104%

103%

1

104% 105%

22

106%

ref

M

2%s

S

B

series

1st

A__—1992

4s

90
87

11

101%

103

103

1

101%

103

61

M-S

A-O

&

79%

62

14

60

J-J

1949

1958

60%

11

76

57

•*

Va

72%

55%

106 %

105

*105

102%

100

100%
105% 105 '/a

*3

104

106

103% 104

M-S

13

103%

105%

117%

117%

105 %

*117

^Wisconsin Central Ry
§ A 1st

general

4s

1949

80

80

6

80

81

82

19

81

97

6

97

65%
19

18

3-D

1971

J-J

Yonkers Elec Lt & Power 2%s

102%

60
66

66

20

19

15%

23%

23

1976

1976

J-J

Service

19

18*

100%

101%

109

109%

100

101 %

*102

109 %

82%

55

83%

3%s

Public

65%

62%

M-N

"4

109 % 109%

92%

97

J-J

1936

ACertificates of deposit
§ASu & Du div & term 1st 4s
ACertificates of deposit
Wisconsin Electric Power 2%s

Wisconsin

Apr
M-N

conv

102'/a

104%

Apr

^_1971

102

M-S

Apr

Jan 1991

3 %s ser B

mtge

102%

2361

guaranteed

Lake Erie RR 4s

Wabash RR Co—

1st

75

M-N

90%

76%

47

1970

W
Gen mtge 4s inc ser A
Gen mtge inc 4V4s ser B

33

84 »/4.

107%

•—

109

A-O

88%

83

100

4

100

*—

1958

1995

eons

103% 104%

«...

87%

84 y4

Wheeling Steel 3%s series C
Wilson & Co 1st mortgage 3s

Gen

103%

87%

1951

2%S__

debentures

Shore

3-D

M-S

1971

& Mtg

39

1951

5s

El

89%

109%

~

Virginia EJectric & Power Co—
.1975

High

LOW

87 %

Wheeling &

108

January 1

No.

89

103%

*108

Range Since

Sold

High

M-N

1950

Registered
F-A

Bonds

Bid & Asked

I960

25-year

V
s

or

Western Union Telegraph Co—

100%

Westinghouse

Cons

Week's Range
Thursday's

Sale Price

Low

¥ 1f

.1955

Last

Period

Exchange

High

102 y4

100% 100%

/I-O

1959

Sold

*101% 102I/4

—««

M-N

1967

RECORD

FOR WEEK ENDING

'

A-O

1976

2%s

Bonds

Thursday's

Bid & Asked

Low
1966

BOND

'(2949)'' 2?

Week's Range

Thursday
New

FINANCIAL CHRONICLE

94

.

99 y4

M-N

99%

25

98%

100%

95

95

96

14

95

100

*99

100%

Baking Co—

5y2s debs

(subordinated)

1970

A-O

Warren RR

106%

106 y2107

105%

1st ref gtd gold 3%s~2000
Washington Central Ry 1st 4s
1948
Washington Terminal 2%s ser A__1970

Q-M

<•100%

FrA

*102%103

Westchester

1950

3-D

113% 113%

1967

3-D

107

Gen

Ltg

stpd gtd.

5s

mtge 3Mas.

West Penn

Maryland

Western

Pacific

1st

4s

J-3

.1952

inc

4y2s

ser

*

F-A

3%s series I__._1966

Power

Western

50

53 %

107%

50

not

May

101%

in

the

year's

year's range,
n Under-the-rule sale
the year's range,
y

in

not

d Ex-interest,

range,

e

Odd-lot sale not
r Cash sale

Included in the year's range,

Ex-coupon.

§Negotiability impaired by maturity.

103

113%
106%

pound unit of

113%

11

107%

1

108i/4

109%

101% 102 %

102

delivery sale not included

in the

included

-101%

102
1

107

Included

60

10011

__

108% 108%

A-O

A—2014

Deferred

a

36

101%

106%

1011/4 101%

10

101%

bonds.

Accrued

interest

tThe price represented is the dollar quotation per 200payable at the exchange rate of $4.8484.

tCompanies reported as being in bankruptcy, receivership,
Bankruptcy Act, or securities assumed by such companies.

106

the

jThursday's
A

Bonds

bid and asked

prices;

no

or

reorganized under SecMon 77 of

sales being transacted during current week.

selling flat.

NEW YORK CURB EXCHANGE
WEEKLY
in
in

footnote

a

in

the

week

in

which

AND

™!?n,.arKrdlS,the week's range unless
occur.
No account Is taken of such sales in

they

they

YEARLY

RECORD

are the only transactions of the week, and when selling outside the regular weekly range are shown
the range for the year.

computing

^towing extensive list we furnish
present^Thursday,

May 24, and ending the

a complete record of the transactions

the New York Curb Exchange for the week beginning on

on

Saturday,

May 29, (Friday, May 30, being Memorial Day and a holiday on the Exchange). It is compiled from the daily
reports of the Curb Exchange itself, and is intended to include
every security, whether stock or bond, in which any
dealings have occurred during the cur¬
rent year.
'
RANGE

Thursday
STOCKS—
New

York

Curb

Week's

Range

Acme

Aluminum

Acme

Wire

Alloys

1
1

Products

Inc

Supply Mfg capital stock
Agnew Surpass Shoe Stores
Alnsworth

Mfg

Air Investors

8
2

common

preferred
Corp common
60c convertible preferred
Air-Way Electric Appliance
Great

Alabama

Power

Alaska

Airlines

Alles

Fisher

<fe

Allied

10

Aluminum

$3.75

cumulative

preferred

Aluminum

Goods

Aluminum

Industries

Aluminium

American

Mfg

Ltd

*
common

Bantam

Car

Beverage

American

Book

♦

Co

B

5

4%

5

200

3%

Feb

400

3 %

1~5~
12%

May

4%

May

2%

38

Jan

Feb

Atlas

Automatic

Voting

Avery

5%

54%

19%

4,000

.104% 105

__

58

250

19 %

20

400

23

24

200

168

__

168%

170

550

2%

2%

2%
90

4,000
330

May

92

Apr

108

3

May

4%

Jan

May

11%

Jan

Mar

7 %

Jan

23

Feb

Jan

25

Feb

48% May
102% Feb
19

105%

Apr

18

80

Jan

161% May

21

Feb

25%-May
195%

Feb

Barium

Basic

Beau-Brummel

(A S)

May
Jan

5

Feb

3% Mar

Jan

50

Benson

1,400

37% May

100

40% Mar

10%

10%

100

9"% May

Mar

&

51%

Hedges

May

23

Feb

Blue

38%

39

4,400

37%

Jan

43%

Jan

300

•
1

110%

Apr

Metal

Meter

Co
Co

Co

20 %'

May

2% May

Jan

Blumenthal

44 % May

49

Jan

Bohack

Apr

51

Jan

14%

750

13 %

Jan

17

Feb

30%

100

29% May
19% May

37%

Feb

7%
1st preferred
Borne, Scrymser Co
Bourjois Inc

24%

Jan

Brazilian

100

28%

Apr

31%

Feb

Breeze

500

14%

Apr

16% Mar

21

29%

14%

15

2%

2%

1,100

2,800

3%

Class B

37%

37%

200

Superpower

common

31%
18%

5%

com

preferred

10c

17%

Writing Paper

common

Apr

35

Jan

44

Jan

Bridgeport Oil Co..

May

43

Feb

Manufacturing Co
Appalachian Elec Pwr 4%% pfd

Argus, inc.

Feb
Jan

6%

1%

Apr

42

May

5

Jan

"8%

~8 %

100

7%

6 %

6 %

500

6

5%

"

5%

100

Gas

63

5%

Feb

British
Am

Am

9%

Feb

9%

Celanese

Amer

British

Jan

dep

5%

Apr

7%

Jan

ord

Forman

Rubber
(E L)

Silk

Distillers
Co

16%

Jan

19%

Jan

3%

500

3 %

May

5%

Feb

Bruck

7%

700

7%

Jan

10%

Feb

4%

4%

6% preferred
1
lo
Arkansas;Power & Light $7 preferred.*

4%

4%

1,600
13,000

10%

10%

10%

1,700

111

2.50

Refining Co

common

Buckeye Pipe Line

4%

I

111

10%

10%

10%

11

11

50
200

1,200

xll2

Jan

114% Mar

4% May
3% May

8%

Feb

6

Feb

3% May

5%' Feb

10 %

Jan

11

111

114

May
9% May

14%

Mar

Bunker
Burd

Butler

Co
Mills

Hill

Piston

Burma

Burry

—

•

Associated

•

Atlantic
For

Tel

&

Tel

class

A

500
150

Birm 8r

Coast

Coast RR Co pf<L.ilOO
Fisheries
_i

&

common

Ltd

Sullivan

Ring Co

Corp Am dep rets
Biscuit Corp
(PH)

footnotes

see

page 33.




6 <•'.

1,400

6%

Feb

19%

Jan

7%

Feb

20%

Feb

200

16

30

Apr

16

May
1% May

8% Mar
24%

Feb

23

Jan

3%

Jan

May

180%

Feb
Feb

23

16

Apr

May

35%

Feb

2,200

1% May

2%

Jan

"l%

1%

"i

19%

50

19% May

8%

300

7% May
6% May

8

~3

_3%

6,800

55%

"3%

557/a

150

8

8

100

3

55%
8

Jan

May

120

117

40

■

—

116

May
24% May
14% May

Feb

4

Jan

56%

Jan

14%

Jan

15

Apr

.

55

132

Jan

Apr

37

Feb

17%

Jan

17/8 May

22%

Jan

Feb

18

18%

13%

137/8

800

13

May

20

4%

4%

600

4

Jan

5

25

Jan

1,600

Jan

11%

May

10
May
37% May

120

24% Mar

11%

12

Feb

11% May

% May
4% Jan

1%' Jan

il '

~5%

'

May 1

"9%'

~6%

6 %

6% May

100

26%

Apr

10%

Jan
Jan

20

22

22

400

May

22

Feb

33

Jan

36

Feb

25

Jan

Jan

21%

Jan

Jan

20%

Feb

Feb

4%

Feb

20% May
18

19%
4

10s
24%

*

common—

1%

1

16%

16%

1

6%

6

24%

50

24% May

200

1% May

18%

2,400

15% May

6%

1,500

5% May

2

27% Mar

2% Mar
21%

Feb

9

Feb

39

47

Jan

25

8

Feb
Feb

26%

Feb

*

10%

11

400

Feb

2.50

17

1,000

in% May
15% May

12%

16%
11

11

50

10% May

14

*
16%

1

19% Mar
Apr

1% Mar

1%

12%o
28#

1

1%

8,100

1

4%

4%

4%

2,200

3% May

7

Feb

300

12% May

13

Jan

12%

13

,

May

Feb

Jan

Mar

Feb

Cable Electric Products common
i

Voting trust

tables

&

certificatee

80e

3% May

4%

Apr

80s

3% May

4%

Apr

£1
-1

3 % Mar

3% Map,

Feb

Cslamba

6%

8

1

Wireless-

American

5%

2

15%

19%

"l%

*

i

~5%

200

—£1
£1

American

dep rects reg
Associated Laundries of America

1,000

16%

5% May '
9% May

:

Mar

10 %

10%

Electric Industries—

16%

•

7%

4%

Equipment Corp

reg

B

3%

•

common

non-voting

Co

Columbia Power class A

Class
Brown

7%

10

15%

May

'

Ltd—

rets

3%

2,200

/

,

Tobacco—

American

1

114% 114%
5%
5%

25

*

dep rects ord bearer
dep rets ord reg

British

Feb

Jan

May

Co common

Bruce

100

Apr

31

•
*
•

A

British-American Oil

Jan

1

500

Mfg

Class

Feb

14,100

•

&

43%
23%

"1%

1

A

29% May
16% May

46%

6%

Feb

11

Feb

3% May
16

151

1

Bridgeport Gas Light Co—

__1

Angostura-Wupperman

class

Aeronautical

19%

4% May

£1

Apex-Elec

Arkansas! Natural

1,500

500

16

•
1

Pwr

Corp common

Brewster

Brown

reg

&

Jan

"I

Anglo-Iranian Oil Co Ltd—
ord

1,300

18%

Jan

13

Feb

43%

1

common

Lgt

4%

~1%

5
2

Angermarr Co Inc
Am- dep. rets

31%

5

Anchor. Post! Products

Traction

100
25
*

% May

46%

Corp

preferred

American .Thread

x31

2

5%

11%

*
•

common

32

37%

•

10

Republics

& Co new com
Co

15

•

Seal-Kap

(S)

(H C)

2

Brillo
Potash & Chem class A

5%

2

optional convertible preferred—•
Blum (Philip) & Co Inc
1

100

20%

2%

1

common

1,400

2
•

113

Ridge Corp

2%

29%

25

1

Products

May

47

25

Maracaibo

25

;

-3

__—

45%

,

42%

6% May

1

Fdy & Mach Co com.*

2%

14

100

16%

16%

•

common

45%

30%

5,700

16%

11%

$3

111% 113

14%

47% May

Apr

18%

,.25

"4%

100

preferred
Gay Furniture

&

Steel

Mfg Co common

Atlanta

~5%

1

common

common

17

~3%
16

"i%

1

Convertible

Bickford's Inc

2%

Jan

Apr

1

com

Bell Tel of Canada—

Blauner's

Corp common.._10c
preferred
1
preferred
1

27

37

40%

1

common

Birdsboro

38%

Jan

Feb

41%

2.50

Aircraft

Jan

113

24 y4

31%

40%

1

Inc

Ties

Jan

American

Oil

41%

5

common

Inc

Jan

American

Common

A

Shoe Corp

1%

American

Ashland

Mills

Beaunit

Beck

7%

10

h

Feb

100

800

1

common

& Co common

54 %

20

Aro

(L)

% May

100

16

25

36%

39%

1

Refractories

Bauman

May
% May

Electric

100

Feb

25

10%

convertible

$1.20

450

General

series

•

Corp

17%

&

10%

7%

5% May
10% May

Seelig Mfg—

18%

•

Laundry Mach
American Light & Trac common
6% preferred

Associated

&

4

American

i

Steel

Barlow

40

Gas

American

10%

Feb
Jan

35%

36

shares

American

2,100

common

100

Feb

9

Apr

•

4,100

convertible

American

Co

10,700

Hoe

6

Feb

37

Andes—

%

American Hard Rubber Co

$6

los

42%

convertible

Amer

Rubber

de

Banco

%

preferred

American.

6

6%

30

%

&

300

7

'

2 %

70

Co

preferred

Baldwin

Jan
Feb

Wilcox

5%

5%

6%

62%
'

Locomotive—

Jan

15

50

5%

900

High

Apr

3% May
24% May

B
&

Baldwin

42%

Fork

American

common

Babcock

1

American

American

Sons

&

•
8
25
1

preferred

Berkey

41

27%

50

Jan

2%
84

Machine

Ayrshire Collieries Corp

Bellanca

90

11,400

26%

27%

Jan

9

6% 'Jan

Jan

13

57%

(B F)

200

4%

4

Products

Automatic

Low

51

6%

1

—

Range Since January 1

High

51

4%

Corp warrants
Plj'wood Corp

Atlas

.

600

Low

Feb

8

18%

Shares

Feb

4% May
82

17

for Week

Feb

104 %

2,100

Range
of Prices

_50

Atlantic Coast Line Co—

6%
Feb

4%

3%

Exchange
Par.

common—10

&

American

Jan

35

3

Curb

Foreign Power warrants..

Cyanamid Co

American

2,600

25

American

4%%

3

Light—

A

Class

3

1

—100

American

$2.50

1

common

Co

American Cities Power &
Class

•

common

American

3%

2%

5

100

28% Mar

10% May
8 % May

3%

•

common—*

Feb

11%

300

—•

America

12%

5

Jan

6% May
2 % May

11%

2%

__

1

common

of

Co

Jan

5%

2% May

1

Investing $3 conv pfd
Products
(Mich) common

23

300

100

Inc

6

11%

—

York

High

May
% May

2%

3

pfd

3

2%

50

common

Altorfer Bros Co

$2

50c

Int'l

Allied

300

-10

Southern

4.20%

7

1

Mfg

Alabama

50

-

-

i;9oo

•

:

(N J)

Convertible

Aireon

7%

6%

—

New

'

27%

27%

1

common

Associates Inc

7

Low

200

1

Aero

Air

7%

3%

l

Sales

Last

Sale Price

STOCKS—

Range Since January

High

3%

r

10

Adam Hat Stores Inc
Aeronautical

Low

Week's

Thursday

Shares

3%

common

Co

30

for Week

of Prices

Par

ACF-Brlll Motors warrant*

WEEK ENDING MAY

Sales

Last

Sale Price

Exchange

FOR

dep rets 5% pfd
Sugar Estate—

Jan

Mar

a*

30

RANGE FOR WEEK

.

Exchange

Curb

York

Range

Shares

.10

Callite Tungsten Corp
Camden Fire Insurance——
Canada Bread

6%%

8%

3'/a

3

3Va

7% May
2 %• May

1,300
400

22%

*
.

26

B

10%

10 %

22

Jan

15

Jan

3

J an

1

&

Co

7%

8

Baxter & Kennedy Inc.

Carey

Carman

.10

common

1,800

Mar

341%

Co

$5

pfd

Biscuit

Carr-Consol

45

6%

Jan

101%

Feb

May

32%

Jan

25

210

431/2

Jan

49

Jan

25

115%

Feb

118

Apr

11%

1,600

May

20

Jan

45

11%

Co.:

45%

117% 117%

common

& L

Carolina P

Apr

400

8
__

___

Carnation

Xll

10

Amer

Co

(J W)

Products

Castle

(A

Catalln
Cent

com

Corp of America

Maine

3.50*

-

Central Ohio Steel Products—

9

Apr

11

Mar

6

May

9

Jan

May

500

10

9%

93

92%

93

15%

16%

300

~9%

10
9%

11,500

10%

9 % May

4,200
70

90

Jan

43%

10

17%

Feb

96%

Feb

15 Va

May

20

Feb

Apr

102

Jan

8 % May

6,400

8% May

15

12%

15

400

11% May

55

49 Va

55

400

9%

9%

of

Co

46

11%

Feb

10% May
23%
79

18%

100

18% May

25

Feb

12%

200

12

May

14

Feb

10

14%

150

2%

2%

2%

12

Chesebrough Mfg commonChicago Rivet & Mach
Chief Consolidated Mining—

JO

State#

Cities

Co

"l%

1
100

preferred

Service

15

Eastern Sugar

preferred
preferred B
preferred BB
City Auto Stamping
City 8s Suburban Homes.
Clark

Co

Controller

Clarostat

Products

Club Alum

Corp Ltd

May

23%

Jan

Fairchlld Cemers Si Inst Co

Engine

Falstaff

Colt's Manufacturing

Hotel

Commodore

Jan

Jan

Fedders-Qulgan Corp...
Fire Association (Phila)

150

14

May

Feb

First

2,800

1

May

240

93

May

1%

1% Mar
148

Jan

York

184'% May

to

03

100

12

10% May

15

8"% May
13% May

2 % May

3%

3%

Jan

9%

600

16%

200

"l%

13,100

May

Am

Class A

11%

Jan

Class

19

Feb

Jan

15%

Feb

Jan

90

Feb

9%

4%*
4*

series

preferred—

B

Feb

"3

3%

1,800

4%

Fox

4%%

conv

8%

800

7%'May

11%

12%

11% May
4% May

14%

Consolidated

Royalty Oil

Consolidated

Steel

Consol

Continental

Corp common

3

May

Fuller

13

Fdy 8s Machine Co

1,400
4,200

3%

May

29%

2,100

25%

Jan

34%

Feb

Garrett

3%

2,600

3 % May

4%

Apr

Gatlneau

4

1

%

Va

50

31

31

i3o

Jan

34%

Jan

1%

1

500

2 %

Jan

8Ya

8%

8 Va

400

ft

%

ft

4,000

35

36 Va

125

707/a

72

500

20

108

72

116'/a

116% 116%

~7 Va

~7%

"7%

69

67%

69

7

Coro

Inc

Gold

Apr

10%

$1

pfd

5*

class

5%

43

Feb

68% May

83%

Jan

General

115% Mar

118%

Jan

5*

110%

Jan

Mar

May

9%

Jan

63 %

May

85%

Feb

800

Apr

34%
11%

9

May

1,800

% May
9% May

1,000

2% May

12

400

11%. May

10 %

3

41%

50

May
3% May

1,200
9,400

3%

3%

41%

42

500

3 % May

36

125

Jan

71% Mar

'

dep

Feb

41%

Feb
Feb

x6

Feb

11

Feb

1%

Jan

15%

Feb

4%

Jan

14

4%
43

Feb

Feb
Mar

Crown

Cent

Petrol

Crown Cork International

X28%

29%

5,900

25%

Jan

31%

1%

1%

1,300

IV2

Apr

2%

Feb
Feb

9%
6%

8%

9i%

1,000

8% May

14%

Feb

6%

6%

400

6% May

4

4

4i%

500

4

Drug Co commonCrystal Oil Refining common.
$0 preferred
Cuban Atlantic Sugar.
__

preferred

Cuban Tobacco
Curtis
Curtis

Mfg

.5

common

—

22%
20i%
106

Feb

6%

Feb

20

3% May

20%

19%
106

106

7%

9%

6.1%

2.50

11/2

—

22%

22%

6'%

I

(Mo)

Co

16% May

100

9%

common

Lighting Inc

100

3%

—

.100

—

16%

3%

"3%
.10

10%

May

16%

A.

Crown

5%

Jan

6

(Md)

Jan

12

Feb

"

8

8%

400

m

1%

1,700

6

7%
2%

7%

10-

21

2%

Apr
Apr

5,400

18% May

50

105% May
7% May

850

6%

10% May

Feb
Feb

33

Feb

26%

Jan

107

Jan

17

Jan

8

Feb

51/2 May

50
—

Feb

14%

Feb

D
Hosiery

2%

5,800

1

Inc

—35

Dayton Rubber Co class A
Dejay Stores common
Dennlson

8%

Mfg

oiam

A

debenture

I
inn

__

Gasket

Detroit

Gray Iron

Detroit
Devoe

Steel

&

&

Foundry

6%

10%
155

Products

Reynolds

10

Class R

dep rets ord reg__
Divco
Corp common
Co

Jan

Feb

1% May

2%

Jail

Jan

43%

Jan

Jan

20

Jan

2%

600

41%

75

40

i

18

—

5%

600

5% May

6%

Apr

18%

18

18%

1,500

17% May

20%

Feb

19%

19%

19%

100

5%

—*

23%

Dominion

32

155

11%

2%

30%

2%
32
__

5

_1

Bridge
Steel

ft

Dominion

Tar

Dominion

Textile

8s

15%
2%

50

Coal

50

-25

12%

$6

x5

5%

13%
xl3

2%

Driver

Duke

Harris
Power

Gilbert

2,100

16% May

29

Feb

78

Jan

lli%

Feb

15

Apr

19%

Feb

94

Apr

104%

Feb

600

4

May

7

Feb

100

2

May

37/b

Jan

3% May

61/2

Jan

67/e May

1,500

8%

7%

100

16

.

.100

"4*- : r4%:

"4%

J

2%

2%
3% "

4

2%

1,150

4

22

.11

6'

May

9%

300

7% May

9%

26%

900

1

22

20%

24

Jan

89

3

3%

3

*

800

3%

•

100

91

91

Gilchrist

800

Glen

(Adolf)

X20%

J2A0
*

17%

21%

$4.50 prior

class B.

17%

1,900
100

10

,

11% May

—

4%

2,100

Apr

11%

Feb

preferred.
-00

Gorham

Mfg common

Rapids Varnish
Gray Mfg Co
Great Atlantis &■ Pacific
7%

10
pfd—25
I
•

Tsa—

13% May

3% May

5%

Jan

May

61%

Jan

251% May

32

Jan

104

49%

49%

50

10

10

100

9% May

17%

Feb

91/2

Feb

10

600

7; 'May
9
May

14

Feb

96%

175

95% May

109

Feb

Feb

1*5

Apr

155

For

May

13%

Jan

14

Feb

3%

Feb

37%

Feb

16

Feb

7%

Jan

19

footnotes

Feb

49%

v~

JO

see

Co.
Bridge Co

.25

10

•95%

page




33.

X40

Jan

15%

Jan

62%

Jan

135

Jan

Jan

44%

Jan

9% May

151/2

Jan

111% May

40%

40%

114%

Feb

Apr

15%

Feb

Jan

12%

Feb

39%

350

41

12

*

Feb

Dept Stores
Hecla Mining Co.

Feb
Jan

Heller

33%

Feb

Helena

Rubinstein.
Co

10% May

17%

Feb

24%

Jan

94

Feb

Heyden

79

Jan

Hoe

50

39

May

48

Feb

101

Jan

106

Apr

.260

2%

.

5%%

(R)

Chemical

9

400

28

3

-~6%

900

8%

Feb

May

34%

Feb

Apr

70i%

Feb

13%

100

6i% May

14

300

13

Apr1
.May

Feb

9

-

6%

Feb

4%

May'
'
'

Feb

9

Mar

17% Feb
t

8%

X8%

9%
12

11

12

1,200

4,300

8% May r
10% May
10

14%
9%
102

14%.
10%

50

14% May
91% May

160

82i%

100

;

9%
22

22

"

9%
23

May

700

1021%

102

82%

100

1

5

2% May

7%

2
100

551/2

10

•

common

100

1,300

101i% May
81

May

12%

Feb

14i% Mar
25
16

13%

Jan

Jan

Feb

107*

Jan

85

Mar

Jan

15%

Feb

19% May

x35'%

Feb

8%
49

Mar

55% Mar

1

50

50%

400

9

50

& Co class A

Hoillnger Consolidated G M_
Holly Stores Ino

200

27/8

"•

common.

24%

May

.1

2%

Class A

preferred w w.
4% preferred ww__
Henry Holt ft Co common

67

29%
57%

57%

26

trust ctfs

oommoi

"

5% May
.10

-1
1
Hat Corp of America B non-vot com—1
Hathaway Bakeries Inc—
1
Hazeltlne
Corp
——
-*

4%

May

11

29%

Ltd.

Hartford Rayon voting
Harvard Brewing Co

19%

X40

45%

47 % May

20

136% 136%

10%

Paper —
Electrio Light

Hartford

20%

175

Apr

44

■

10

.100

Hammermill

Apr

67%

li%

'

2% May

—

Co

67%

Feb

% May

H

12%

Jan

Jan

17

100

3%

"ft

Lamp

12% May

—

Feb

Jan

14% Mar

5,100

,11

95%

common stock.

prsfSrxed

1st

lt'%

200

*

—

Grand

Non-voting

*25

9% May

7% May

Mines

Graham-Paige Motors <5 ooov

400

1,400

Jan

16% May
.'

'

class A

Inc

800

12%

Apr

25%

.25%

Mfg Co.

Goodman

1,000

Jan

29%

101% Mar

3%

Inc

Gorham

2%

15%

Jan

400

14

14

Inc.

Consolidated

Hamilton

Jan

Apr
Jan

18%

400

.16%
10

Sugars class A.

Goldfleld

Feb

17%

29%

B

Class

6% Mar

22Va
531/2

50

Godchaux

Jan

15% May

Glenmore Distilleries

Gobel

Jan

110y8

Apr

52

CoaL

Alden

Feb

1151/2 Mar

% May

13%

Gladding McBean * Co—
Gleaner Harvester Corp.

Feb

27

Jan

981/2

Apr

4% May

400

5%

Co

12%

2% May

1,000

Mar

4

Mar

110%

5%

Preferred

Hall

May

96

May

112%

"

Feb

10

Feb

25i%

Jan

89

Feb
May

109

18% May

2,800

23

preferred—•

Jan
Mar

29

Jan

104

Jan

Apr

Jan

900

7%

X25%

26

Jan

May

Jan

14

6% "*'6%

7%

*
100

pfd

321/2

Apr

7%

-1

10

Corp

Apr

13

.20

(A C)

10%

78

Co

Feb

20

Georgia Power 0# preferred—
tS preferred
:
Giant Yellowknlfe Gold Mini

13%

Ltd.

67%

Feb

12%

6% May

16

convertible preferred.

8

10 %

1,100

Ltd

Draper corp.

38%

300

8%

General Shareholdings Corp

38

33%

B_
Co

Jan

May

32

8

.

Jan

CO

'

Co

Feb

14V2

32

17*%

16

Co

Plywood

Apr

150

Co Ltd
Chem

Jan

31%

23

32

common.

General PubUo Service $0

Apr

17%
13%

Corp class

Mar

3

101%

'Apr

8% May

300
200

"8%

8%

8%

;

.

May

7% May

400

7%

7%
23

2.1% Mar

Mar

19

51% May

General Outdoor Adv 6%

9% May

1,400

—

2%

Jin

14
64

8

Fireprootins

General

6% May

100

JE1

common.

Credit

Dominion

.50a

22%

45% May

41%

20

Heafn

Am

Dobeckmun

155

May

Ltd—

Co

Domestic

10%

10%

•

Diana Stores Corp com_—
Distillers

6%

1
1

Apr

11% May

2%

1

Mar

110

11%
48

„

Feb

3%
25

1,500

11%

-

Feb

97/b

May

12% May

46%

-

2

1,600

11%

—50

pfd

preferred series A

6%

700

mmmm

10%

Manufacturing

Apr

14%

13%

46%

1

dep rets ord reg.
finance Corp commoeu

Amer

34%

6%

61/2
-

Derby Oil Co common.
Detroit

28

■

—

too

common

30%

21

—

14%

.1.25

Gypsum Lime Sc Alabastine

J JO

Mills..

Brothers

Feb

Feb

7% May

500

2%

I

Grocery Stores Product# common—25c
Gulf States Utilities 04.40 pfd
100

Davidson

2%

2

Great Northern Paper.

Davenport

May

118 May
28

'

pfd.

Globe-Union

7%

1
*
1

Co

Crosley Motors Inc
Crowley Milner & Co

53 V*

v

1%

29

0

Creole Petroleum
Croft Brewing

-T —

(ord reg)_£l

receipts

46% May

Gen Electric Co Ltd—

Feb

19%

Courtaulds Ltd—
American

50

Jan

Jan

3

7% May
10% May

21 Va

3

9%

~3Va

preferred

2 % May

500

%

11%

convertible

200

1,500

%

3

common.

47%

7%

8c Co Inc..

Power

conv

May

35

1,600

9%

10%

A

Petroleum

2%

*

preferred.
Mfg CO
General Alloys CO.
Gen Builders Supply Corp.

Jan

x7 Va

8%

9

ft

J

Apr

*

5*

Jan

26

common™

Jan

1%

•

Gellman

2

500

11%

"3% ~4

9%

50

Mines.

Corroon & Reynolds

Cosden

24%

77/a
11

~37/a

1
•

Cornucopia

22%

11%

•

Co

Range

Copper

"2%

8%

Cooper Brewing Co

Feb

8%

6,600

46%

Co
stock

Corp

% May

1,000

2%'

23%

Jan

12

200

1%

Feb

7

dan

•

Cook Paint 8s Varnish Co

111

9%

1 %

5% May

30% May
7/e Apr

12,300

%

Va

1

105% May

(Geo A)

conv

4%

lOo

Co

Textile

Mar

Apr

12

'

5%

0
10
•

Apr

50

Feb

800

4

30%

Feb

4%
23

Jan

9%
1%

Stores

General

Consolidated Mining 8s Smelt Ltd

May

15% May
45

*1

reg

voting

Franklin Simon

Feb

8

......

rots bearer.
Brewing Co
(Peter) Brewing.

5%

1

Consolidated Gas Utilities

3

Feb
Mar

21

Jan

300

1,200

Amer dep

4%

100

preferred series C

3%

18%

17

Motor of France—

Ford

5%

100

3%
16%

Fort Pitt

Jan

13%

,

non-voting

B

12%

•

common

.

3%

18%

10c

.

rots ord

dep

Feb

66%

125

80

Stores

to tl

50

Jan

2

8%
XI5%

vCO

*

preferred

Consol O E L P Bait

100

Feb

7%

2% May

Ford Motor of Canada—

Jan

1

1956

18

Jan

148

May

115

1,100

Jan

17%

Ford Motor Co Ltd—

18% May
181% May

Compo Shoe Machinery—
Vtc ext

1,030

3%

18

...1

Jan

Feb

1

Conn Gas 8s Coke Secur common

124

3%

1

common

Jan

154

800

32%

5

20
1

8% May

Feb

9

6 Va May

10

pfd.

15%

8%

Community Public Service
Community Water Service

900

23,200

7%

(M H) Co—

153%

8s Southern warrants..

Commonwealth

Corp

div 011m

$2

Fishman

5,800

28%

97/a

-1

50

42% May

11

119

1

32,250

"3

Inc

325

45

9%

124

•

•

18%
167/a
173% 181%

82

25

43%
7%

1

Brewing
Metallurgical

Fansteel

77%
15%

9% May

Co

-

Airplane

Si

24

Co

capital stock

Feb

1

Feb

4%

Mar

7% May

Colonial Sand & Stone Co

67

.10

Eureka Pipe Line common.

Franklin

Colonial Mills Inc.

May

10c
1
1
1

Esquire Ino

19% May

.

Colorado Fuel 8s Iron warrants

40

Empire District Electric 5* pfd—100
Emsco Derrick b Equipment
8

Equity Corp common
$3 convertible preferred

174% 184%

"2

Development ordinary.
Colonial Airlines.

550

.60

Jan

OO

Colon

49

.10

23%

—

Cockshutt Plow Co common-

Jan

43%

-1

—

70

1%

12

.100

Cllnchfleld Coal Corp

Inc

100

„4

Clayton 8s Lambert Mfg

pfd A

common

65,100

181 Va

—1

common

72

-1

175

.1

Ca.

Mfg

Claude Neon Inc

May

3%

18'/a

.1

$6

Jan

50

7%

Si Light 2d

184'/2

.10

60c

Apr

2%

225

warrants

31%

30%

*
•
*
8

$0

45 Va

1% May

54

10%

1

preferred

Eureka

Jan

400

2 Va

51%

45

Electrogrsphlo Corp.

5*

1 %

Associates—

Power

Co

Jan

■

Electrlo Bond * Share common

Elliott

Jan

67%

48%

preferred.
Easy Washing Machine B.

Eiectromaster

Jan

97%

May

2% May

35%

$5

Electric

4%

May

49

54

$7 preferred serlee A.
$0 preferred series B_

'

10

common

60%

450

Feb
Jan

1,400

58%

2 Va

72

100% 109

109

3%

6%

81
59

25

15%

Va

70

72

_$

—

JChllds

2%

•

100
1rv1

Corp.

20

20

_6

Feb

18%

15%

Jan

2,600

13 Va

14%

18%

Charis Corp common
Cherry-Burrell common

200

4 %

Jan

22%

13 Va

12 Va

.10

12%

May

100

Jan

12
Apr
12% May
2% May

13 %

America.

10% May

May

11% May

4%

12%

Malleable Iron

Fair child

Chamberlln

High

12

__

4%

prior preferred—.:
preferred

0*

Feb

100%

1

pfd

4%

Lt

&

Apr

200

7%

.100

100
Central & South West Corp
8
When distributed
8
JCent States Elec 6% preferred—10U
7% preferred
100
Conv pfd opt div ser
100
Conv pfd opt div ser 1929
100
Cessna Aircraft Co common—
1
Pow

9%

Co—

Power

preferred

Central

9%
7

10
1

& Co

M)

3

30

9%
7

•

common

Apr

3

2s 6d
1

rets B ord

dep

Carter
Casco

1

Fuel Assoe common

Gas Si

Option
Ltd—•

Carreras

-J81

reg

4%*

Eastern

1%

1%

Products.

City

rots ord

dep
Test

Eastern

_100
——

Capital

Am

last

15%

1% May

voting

non

Low

High

May

9% May
9'/a May

100

Canadian Industries Ltd—

preferred
Canadian Marconi

Range Since January l

10% May

Low

May

May

—

7%

Shares

Durham Hosiery class B oommoi

May

preferred

Class

23 Va Mar

22

voting

for Week

Dunlop Rubber Co Ltd—

26

Canadian Industrial Alcohol—
A

Range
of Prices

Corp common
Duval Texas Sulphur

preference

Class

Feb

10
Jan
5% Feb

Duro

Canadian Canners Ltd
Conv

Exchange

Curb

Par

Ltd

Co

Cement Co Ltd common

Canada

8

__1

Electric Power.

California

8%

York

High

Low

High

Low

New

Range Since January l

Sales

Last

Sale Price

STOCKS—

for Week

of Prices

Par

Week's

Thursday

Last

Sale Price

STOCKS—
New

EXCHANGE

ENDING MAY 30

Sales

Week's

Thursday

CURB

YORK

NEW

Monday, June 2, 1947,

& FINANCIAL CHRONICLE

THE COMMERCIAL

(2950)

x9 %

700

77/a May

10%

Feb

47/8

200

4%

Apr

6%

Feb

4%

[Volume 165

iTHE COMMERCIAL & FINANCIAL' CHRONICLE

Numb'er 4599

NEW

YORK

CURB

(2951)

EXCHANGE

RANGE FOR WEEK ENDING MAY SO

Thursday
Curb

Exchange.

Range

Shares

Low

common.

6%

preferred

Hubbell

Hurd

Lock

i-~

56%

Sales
for Week
Shares

Low

Range Since January 1

High

5 '

.

'43

Fen

116

Apr

24%
7

25

6%'.

m'
■

2m

3 '

High

Low

Textile

20

Jan

28%

Feb

47%

Feb

61-"'. Feb.'

9% Feb

May"-

5;

.2SO

5,900
2,100
700

16%" 17
6%
6%
110
110

8%
—

15% May

100
50"

4

4%.

4

4%

..1

300

6

6%

1%

8%
1%

.io

9%

.1

8%

15

Feb

10%

Fen

Mloromatio Hone Corp*

51%

Feb-

3

May

21

1,200

3% Fen

Mar"

3,'

Preferred

49%

May

Jan

Class B

v

t Cv-_«,

—

Middle West Corp—
: Distribution
On.

—J

Ex-distribution
Midland

Oil

.1

—

$1

Feb
Feb
Jan
12% Feb
6%

5% May

8%,

200

8'A May

10%

1%.

1,800

2%

9%

200

8%

500

1% May
9
May
8% May

~4%

2,600

14% Feb

Feb

3%

20%

Apr

Apr

16

4%.

5%

Apr

23%

21%

23%

7,200"

13 Va-

12%.

13 Va

3,100"

12% May

pfd—.

7%

Feb

24%

18% Jan

3'

conv

Jan
Jan

50

8%

—

Jan

6%

Mar

5

—

Corp

6%

May

300

Middle States Petroleum, class- ft ▼ t o_l

6

111% May

3% May

9%

1.50

7 %■ May

Apr

18% Feb
7
Jan

45

—

3% Jan

Mar

4%

109

1,700

Feb

7

5% May
1
Apr

.15

.

37%*May.-^

200

r

1%

17

Michigan Sugar- Co

•;

6%;

1%

1

,

500

28%

24%

Metal

Iron

5%

1%

-

—...100

A preferred

44% May

j

55%: Apr-'.

1,075

'

38

3

Apr

6% ft
Measabl

200

7

7%'" 7%i

37%

33% Feb

-

*
*

Corp
Participating preferred
Michigan Bumper Corp
Michigan Steel Tube;

600

44%'. 45%*

'

28

1,900

5%.-

,

Feb:

181

Mar.

•

6%

Memphis Natural Gu common
Ifenasco Mfg Co—
Merritt Chapman ft Scott.,—
Warrants

400

58.

44%

V

150

32%.

5%'

..

Bygrade Food Products-

Week's
Range
of Prices

Par

400

31%
;

Apr

Apr
34% May-

57% '

—5
Mfg Co__.
Hussmann-Ligonier Co common*..
$2.25 preferred
Com stk purch warrants
1
Huyler's common
lit
1
preferred———,
*
Hydro-Electric Securities-.

May

40

169

113

&

,

-

Jan

21

Jan

37

•

F

(Harvey) Inc
Gil Si Refining:;

Humble

ZZ-''
•

#

II
II

I.
II.

.

27%

23% Jan
21'
May

'

-

100

—

—

.

100

24

—...

(Geo A) A Co common
*""«•
St Hardart. Baking Co
——

Bom & Hardart common

Exchange

Curb

High

LOW

High.

24

—

>..*

Hormel
Horn

Last

Sale Price

STOCKS—
New York

Range Since January 1
'

*

Horder's Inn.

Thursday

for Week

of Prices

Par

Holophane Co

Sales

Week's

Last

Sale Price

STOCKS—

New York

13% May

Apr

11%

Jan

Midland Steel Products—
'

$2 non-cum dividend shares—.*
Mldvale

Illinois Power Co common
• ft conv preferred—.-;

Dividend

700

15%.

350

—

——

Mid-West

Jan

Midwest

—

6%

Apr
i4y8 Feb

Apr

Feb.

12%. Jan

12%.

14%

Feb

Jhn

111
Apr
104% May
118
May

200

10% May .

13%

30ff

60

105%

108

103%-

140

117% 117%'
86
88

88

109%

103

117%.

110

104

Mar

220

86

May

May

94s-

Jan

r

100 % Mar
21

Jan

International Hydro-Electric—

57%

51%

58

1,800

shs. _•

11%

xio%

12

3;900

11%

Xll%

11%

45 % May

300

International Metal Industries A
International

Petroleum coupon

Registered

shares.—

International

—...

Products—

International

Utilities

,

*

Interstate Power $7 preferred
*

...

100

13%

14

II
Royalty
Iron Fireman Mfg. voting trust etfs. _•
II
Irving Air ChuteItalian Superpower A.
Investors

1%

1%

17%.

18%

225

5%

5%

6

900

1

1

15%

Feb

15%

Apr

Feb

*5% Feb
12%
,

Jan

30

Jan

100

Apr

1%

50

.86

Abrasive.

OH

_1«

Co—.

Midwest Piping ft Supply com
Mid-West
Refineries—
—

4

14%

100

3%

Apr*

4% Mar"

15

4

15

900

12'/a

Jan

15% May

~2%

"2ya "2%

1,000

1% May

7V«

1,000

32

31%

4% ft conv preferred—
Mining Corp of Canada
Minnesota P ft L 5ft pfd.*.

"7%

7

22%

1

7%

11

7%

1,000

6% May

3,400

3

Feb

12

12%

22%

3%

4%

1%

1%

1%

9%

9%

9%

31%

States Power

*

.3%

15 V2

Jan

Feb

190 Va

Apr

17%

Feb

23

Feb

39

Jan
Jan

200

4

—

Feb
Jan

1,700

22%

—

Murray Ohio Mfg Do——.....
Muskegon Piston Ring
Muskogee Co common,,....

5%
3%

185%

12%

common—.*
Mountain States Tel ft Tel—. .....188

May

2% May
11% Apr

100-

—'

Moody Investors paiilo pfd
Morris Plan Corp of America..
Mountain City Copper common...
Mountain

Mar

3%
2%

2%

Utilities

Producers——*

Mar

30

3%

3%,

Montgomery Ward A
Montreal Light Heat ft Power-.

Mountain

106

6%

7%

Molybdenum Corp.——
Monogram Picture© common.—..
Monroe Loan Society A
Montana Dakota

Jan
May

24

31% May
3% Apr
1 Va Apr

5,700
1,000
6,000
80

.

5%

Jan

10%

Jan

30

2%

Jan

8%

200

32

123% 123%

123%

37

Apr
Mar

123% May

19

18%

19

500

18 %

23%

23

24

1,150

16%

May;
Jan

138%" Feb
24% Feb
25% May

10% May

Jan

3,500

11% May

22%

3%

700

2%

1,300

3% May
2% May

7%

2%

1

Jan

12% Jan

11% May

15%

Feb

1%

Apr

14%

14

14%

Feb
Feb

10

9%

Feb

1%

3%

1

38

6% May'

500

1%

N
11%

12

-1

5%

5V4

12%
x5%

National Bellas Hess common.
.

Feb

,

31% May

100

105,

-1

3Va

2%

3Va

3,800

40 %

100

V

40

National Breweries common
eommon.

Jan

3%

6% May

67/a

Miller Wohl Co. common

Namm's Inc common———

Jefferson Lake Sulphur CoJim Brown Stores common

17%

13% May

Nachman Corp

Jeannette Glass Co

May

25

Jan

16% May
5%. May

400

18%

Feb

2
May
9% May
12 % May

400

14

1%

.

Jan

15%

11%

200

9%

29

Apr"

10% May*
1T% May

1,100

2%

9%

2%

Is

common

12%

2%

12

12

Iff

Safety Razor B

International

67% Apr

25

.50

—

26

Missouri Public Servloe common

Cigar Machine.—

Preferred $3,5ff series.;.

25%

21% Jan

12%:

12%

13%

14

16% May

12%

17

7#
preferred.
.—100
Insurance Co of North America.
10'

21% Mar.

Feb

10%

1,400'

Xl2% Xl2%

Indianapolis Pow ft Lt4ft pfd——100'
Indiana Service «ft preferred——100

International

Jan

18%

6

£i

—

64

55

29% Feb
33
Feb

25% May;

—

*

Co common—...—.——

] Fen

31

May.
15% Apr
13% May

200'

16%

—

Imperial Chemical Industrles-r
Am dep rets regis.
J1
Imperial Oil (Can) coupon
:
Registered
•
Imperial Tobacco of Canada—.._ 5
Imperial' Tobacco of Great Britain &
...

60%

.50

:

Illinois Zinc Co common—

Ireland

60 %

16%
15

'

■

■

29

16%

-

ctftt

arrear

28%

May

25

r,70cr

29

—.

Feb

preferred

—

40

12%

12 %

123/B

500
,

200

5Va

Apr

2% May
38

Apr

Feb
Feb

7

4% Feb
45

Jan

15 Va

Jan

14 Va

Feb

.28

—

A

Julian

&

preferred

Kokengs

—

"2%

1

8 % May

•

—

Co..—

28

•

100

28

24%

Jan

Jan

6%

National Fuel Gas—..—

Feb

National

Fabrics——

-1

10%

103A

100

10 Va

Jan

National Mfg ft Stores common.
National Pressure Cooker com-.

-1

13

13

13

500

13

—2

26

26

27

600

21% May

National Radiator Co..

Class

—4

11

11

100

9% May

14

Mar

,10 Va May

14

Feb

24

Feb

24

Feb

10%

Jan

15

18
28

May

M&llinson

—•

•

National Rubber Machinery

Ltd———•
National
Transit—.
.12.80
National Tunnel ft Mines common—1
National

K
Kaiser-Frazer

Corp

1

„

Kansas Gas ft Eleo 7ft
Kawneer Co

6%

National

Feb

10

16

100

10

500

8% May
108% Mar

-100

...

65

.100

pfd B

57

X13%X13%

1

1

100

4%

1,300

4%

4%
10%

—1

.

—

Klrkland Lake G M Co Ltd...:
Klein (D Emil) Co common

12% May
4% Jan

200

10%

May
Apr

7%

Jan

(I B) Rubber Co..
Knott Corp common—
*

1%

1%

7,600

112

-.10

16

16

22%

20%

50

16

...1

—

22%

Kobacker Stores

.1

Co.

7%

8

14%

..I

1%

Feb

New

Feb

26% Mar
26

87%

Feb

69

Jan

17%

Feb

New

111%

6

12%

Feb

Feb

75

Feb

Mi! May
25%

II06

Lakey

:

—III
H5

Foundry ft Machine.
Corp of Delaware

Wells Co

common

Feb

N

Le

Realty
Oil

common.

N

Y ft

10%

Jan

N

dan

M

18

Merchandise—

Y

.10
.10

—

Y Shipbuilding Corp—
shares—

Brothers

Loblaw

6% May
15 %

Feb

9%

Feb

Nipissing
Noma

Feb

May

Jan

06 preferred.——.—
-—*
North American Rayon class A—_—~*

1%

1,1

14%
21.

22

28%

*

claar A

8 Va

•

_•

•

-

1% May

2

Mar

29

Jan

13% May

700

;

—

—

—

_~6
7%

10

—

l

-

7Va

73
'

•
3

13%

62%

64

13%

110
18

4

17%

Jan

19%

11%

375

59

11%

10

Class

Sugar optional warrants

Mangel Stores

common

—

—

(The B) Co
Mapes Consolidated Mfg Co

1

'

I

*

1 %

13%
25

1 Va

1

—

13 Va
25

15%

Indiana, PUb Serv 6ft pfd.100
Natural Gas.,
.—20
Northern States Power class A——15
Northrop Aircraft Inc———
Novadel-Agene Corp

Jan
Jan

Ohio Brass Co

82%

Jan

Ohio

Jan

14%

Feb

Oklahoma

Jan

1

13,
251

May
Apr
May

46

Apr

Maroonl Internat Marine
■

Communication Co
Mariorf Power

1%

113

19%

Jan

Feb

Old

gj

I10

Mass Utilities Association v t

Massey Harris
McCord

$2.50

)

*

Corp common
preferred

McWilliams
Mead

common

ft

*

—II

.

Dredging

Johnson

O.I.III.1
"*
»

..

|

Co..—

For footnotes

see

page 33.




—

8%
2

1%

—

■—

8%,

1,100

2

2,900

13%'

100

15%

16%

1,600

40

13%

•

~j

~7Va

40

16%

•

9%
27

Corp
Power

26

9%
27

25

500

900

•

100

8%

200

10%

1,100

"1%

700

11%

13%

2,500

7%

6%

7%

3,000

169

169

165

125
100

32%

32%

32%

33

200

11

11

3,900

4%

4

1,800

Jan

10 %

Feb

May
May

47%

Jan

2lVs

Jan

31
13

Jan

51

Jan

7% May
115
Jan

Apr
% May
8% May
9% May

110

Jan

1%

Apr
May

11

6% May
155%, May

Apr
30% Apr
3% Jan

32

10

107% 108

125

33%

5%

5%

1,100

22 %

Jan

1% Jan
10% Feb
15% Feb
13 Va

Feb
Jan

2

20%

Jan

Feb
Feb
40% Jan
40
Feb
5% Jan
11Vb

176

Jan

13

7% Jan

xl06% Mar

110

Mar

58

Jan
Jan

46%

Feb

46

32%

Jan

117%

% Mar

30 % May

~5%

Jan

124

99

575

300

13% Feb
Feb

63

10%

Feb

50

48%

49%

Mar

3% May
97%

22%

......1"

5% May

9% Mar

Apr

31% Feb

23

200

21

31

class B common-..-*

4%ft

Natural

Polndexter

4%
20%

4%

Jan

1 % May

6O0

common

-—100

preferred
Gas-

....

15

33%;

32%

33%

250

II

io%

31%

600

112

9%

10%

10
1

__

55

Jan

5

Mar

Pacific

Can Co

common

Pacific Gas ft Elec 6ft

ft

Pacific

1st pfd

—

•
25
25

1st preferred
Lighting $5 preferred
•
7ft pfd—100
Public Service—
—•

1% May
11% May

2%

Feb

Pacific

8% May
24

May

8%

Jan
Feb

Jan

12%

Jan

Jah

13% ^lar
12% Feb

9% May1
May

10

8%
40

36

39%
36

8%
40
36

16

Feb

$1.30 1st preferred
*
Page-Hersey Tubes common
•
American Airways warrants—

20%

Feb

21%

Feb

45

Feb

Pan

11%

Feb

33%

Jan

Pantepec Oil of Venezuela Am shs——
Paramount Motors Corp..
—1

100

7% May.

12%

Feb

800

38% May

41% Mar

100

35%

38 Va Mar

Jan

%
8%

13%

1

9%

110

100

Jan

105

May

115

Feb

12

Feb

15

Mar

26%

13%

Apr

107

102% 103

Pacific Power ft Light

Jan

400

■

Jan

May

Feb

13%

1,000

37%

Jan

25

10%

38% May

Mar

Mar

4% May

30

—

May

7

Jan

2% Jan
87 Va Mar

116

12

6

•
—1

Inc...

Jan

12%

5%

.1

Distillery

Oliver United Filters B

5 %

LL_.

Shovel...

Feb
Jan

O

90

Apr

100

—

If

8%
10

Texas

Northern

May
May

50

.

20

Northern

Ogden

109% May

3,400

200

Oil...———-B
-1
North Penn RR Co—
——80
Northern Central

O'okiep Copper Co Ltd Amer shares—
Securities...
1

13 Va

117% 117%

112% 112%

•
Securities—..*

Overseas

25

117%

112%

common....,——

American Utility

,

Feb

M
Manati

12,000

Northeast Airlines——

Omar

Manischewitz

B

10

8%

Jan

14

300

Electric.....

North

r

10%

56%

Jan

7V8 May

2,700

Mar

82

Jan

70

18

Jan

9%

25

110

29

Feb
Jan

26

3,000

73

12%

64

Louisiana Power ft Light $6 pfd

%

11%
31

16%

1,100

%
"

Lynch Corp

7%

%

1

—

...I

18%

2,100
1,700

18

7%.

Jan

21% May
5 Va May

100

8

7%

-

_

Exploration

22

22

—1

Feb

32%

8'Va May
26% May
24
May

500

8%

Feb

26%

Apr

28 % May

50

—-

18

19%

100

28%

•

Jan

20% May

14%,

22

„

Jan

44%

1,600

22

28%

IZlQ
preferredlllss

12

Jan

1,900

1%

1%
20 %

Apr

__

13%

7

22

Jan

10%

16

1

67 Va

1,400

"l'/a

Apr

5

Jan

Jan

6%

7%

10%

5 %

6

Jan

8%

15%

2%

56%

8%

Mines

12%

44

120%

l3/a May

18

North Amer Light ft Power common— 1

100

Jan

33/4 May

100

__

MM

——

8%

Jan

Logansport Distilling Co.
i.
Lone Star Gas Corp common
Longines-Wittnauer Watch Co
Long Island Ligncing Co—
Common ctfs of dep..
7ft preferred A ctfs of dep
I
«ft
preferred B ctfs of dep
Si

8

17% May

9 Va

Jan
94
31% Jan

2,800

72

34

optional warrants.

Jan

Locke Steel Chain

Land

Jan

Class B

Niagara Share Corp class B com.
Niles-Bement-Pond
Nineteen Hundred Oorp B.

34

Class B

Louisiana

Feb

30

——

common...

Groceterias

Feb

15%

Jan

May

10

__

33

—100

pfd

Apr

—

Corp
Lipton (Thos J) In© 6 ft

14%

30%

I j,
11-21*
.—HI25

Inc—

Co—

May

Feb

10%

Apr
58% May

..I

21% May

.....

4

Jan

Jan

7% May

common—.—_
Honduras Rosarlo.

5

Development
(R G)

Material

Lionel
Lit

400

200

1%

—

~

.IHIIfi

preferred

Tourneau

Line

7%

4%

1%

1%

5%
13

16%

900

60

4

90% May

300

150

Y Auction Co

Jan

11% May
5 % Apr

700

5%'

xl6%

7%
xl6

59%

May
May

Feb

19%

12

*

Lanston Monotype Machine
La Salle Ext Univprsity
Prior

1,800

a"**V

Class B

Leonard

300

13%

5%

1

Langerdorf United Bakeries class-

Lefcourt

12%

12%

13%

\

Lam son
Lane

12

5

440

5Va
12

•

New Process Co common

Niagara Hudson Power eommon—1
5ft 1st preferred—
—.,—.100
.100
5ft 2d preferred—

Mines Ltd

23

99%

4%

4Vi

1

7% Mar
70

25

94 Va

59%

1

500
800

24%

11%

ao

Feb
5% May

1,450

24%

,

97 %,

Jersey

N Y Water Service 6ft

Laclede-Christy Clay Prod

6

8%
75

5

Zinc
—
ft Arizon% Land.
New Park Mining Co

May

Jan

May
2 Va Feb

May

9

13

70

..SO

Founders

Lake Shore

24%

2

600

Jan

18

39%

Apr.

100

2%

8%
»

1

10%'

5%

6

.100

New Mexico

23

Apr

7 % May
13% May

300

——*

preferred———■—
$2
preferred
—
—
New England Tel ft Tel.—-—
New Haven Clock & Watch Co.
4%ft conv preferred—

1,700
1,100

Apr
May

13%

9V4
13%

■

—

3,800

2%

2%

100

1%

May

12

2,400

—

1

9 V4
___

'

14%

13%

flVa

England Power Associates.

6ft

19%

1,000

8

Apr

Jan

9
14%

-8
6

11 Va

11 Va
—

14 V4

S0o

Radio.

Union

(Herman) Corp
Neptune Meter common——
Nesie Le Mur Co class A
Nelson

15% May

500

14%

Jan

17%

1

Kleinert

Brewing

Feb

16

5

*

King Seeley Corp
Kingston Products
Klrby Petroleum—

.9%
125%

Apr
15
May
6% May

.100

preferred D

May

19

'

.

preferred

Kings Co Lighting 7ft

Krueger

100

19

"8%

-

4% ft

5

12,500

123% Mar
19

Kennedy's Inc
Key Co common
Kldde (Walter) ft Co—_
Kimberly-Clark Corp—

0 ft

6%

6

,100

pfd—.

...

Ti Va

Car

Steel

Va

Apr

27% Mar

102 %

% May

13,600

2,800

8%
11

3%

Jan

Apr

12% Jan

Jan

15% Feb

31

'

32

aJlu

",. 7'/

*

,

iMI M

THE COMMERCIAL &

(2952)

FOR WEEK

RANGE

Thursday

Rig & Reel————1
Plymouth Mills—_____—•
Peninsular Telephone common
•
81 cum preferred—
_—25

Penn Power

ft

Traffic Co

Penn

-

Governor

Ltd

- -

54%

*

Scale

Pneumatic

6%
Pratt

Gold

Prentice-Hall

Inc

Metals

Pressed

Producers

9 Va

Apr

50%

Feb

Spencer Shoe Cbrp.

14

Apr

13%

Feb

14%

800

6,400

55

Jan

14%

Feb

Apr

9%

500

8

43A

500

4% May

May

Feb

Feb

Standard
Starrett

Jan

Stein

12

1,100

10% May

19%

(The)

13%

35

Feb

48

May

1%

% May

Co common
(Hugo) Corp

11,100

9% May

12%

Feb

1%

HA

1%
12 Va

900

1 Va May

2%

Feb

Stop & Shop Inc
Stroock (S) ft Co common

1,300

12 Va May

17%

Jan

Sunbeam

Mar

85

Apr

Stinnes

8%

Feb

8%

Apr

109

Sun

Jan

119

Mar

102% May

110%

28 3A

700

25Va

Jan

30%

103A
8%

300

9%

Apr

14%

600

8

May

11%

130

May

96

Jan

155

May

170

Feb

15

158

157

85

60

88

May

18%

Inc

Raymond Concrete Pile common
$3 convertible preferred

Raytheon Manufacturing
Reed

Roller

Bit

Regal Shoe
Reliance

Co

Rice Stlx

15%

25

27%, 28
32
1 32

31

38%

Jan

55

Jan

Feb

14%

Co

Brewing

common

24

23

24

Pendleton

ft

1

14% May

20%

Trust Co Ltd—
ord regis

22

May

32%

Rome

Cable

Corp

Ronson Art

pfd F____100

3% May

2%

Petroleum

10

Jan

preferred^

6%

Edison

preferred

267/a

25%

26%

157/a

15%

16

Mar

Feb

300

9%

Apr

13%

27%

Jan

32 % Mar

1%

2%

6,400

1%

300
„

3% Feb

1% May
100

Feb

4

1% May

90
'

Feb

130

May

'

9%

9%

100-

9Va

Apr

12%

Feb

3%

100

3% May

4%

Feb

4%

5

1,100

4% May

9%

Feb

70

20

77%

Feb

4%

65

May

Feb

18%

18%

300

17% May

27%

22

22

23

600

20'A May

29%

Feb
Apr

300

6%

Jan

8%

100

7%

7%

2% May

5%

7%

7%

900

12%

13%

275

Feb

May

13'A

Feb

11% May

17%

Jan

1% May

7%
13%

2%

Jan

7

Feb

13 % May

16

100

20

May

32

50

26

May

33

Feb

Jan

45

Apr,

20%

Jan

21

21%

27

27

27

32%

34%

300

31%

14

150

12% May

12%

13%
3%

3%

3%

1,700

12%

12%

50

4%

Apr

8%

Jan

14%

3 Va May

12%

Feb

Feb

Feb

Jan

9'/a

29%

29%

29%

700

29 Va May

34%

11%

11%

12%

800

10% May

19%

200

9

9

9

Feb
Feb

'

—

20

122

121

'

—

122

Jan

117

May

12 '/a

11%

12%

6,700

Apr

20%
37

8%

Jan

14%

14

14%

900

13%

13

13%

600

12

Jan

17%

Apr

5%
50

Feb
Mar

22%

12% May

__

Jan

10%

ll'A May
33

1,000

9% xlO

X10

100

1%

1%

Jan

Jan

7

Apr

63%

Jan

12%

May

Apr

Jan

Apr

2

May

103

1%

x82

50

105 Va 106

20

105 Va May

110

10

110

X82

82

110 -

79

V2

Jan
Jan

xl07% Mar

May

114%

Feb
Jan

1 Va

1 Vb

1%

600

1 Va May

1%

3%

1

3%

3%

1,000

3% May

4% Mar

2

3,300

1% :

1%

3 Va

Jan

May

32%

Feb

200

4% May

7%

Jan

10

~4%

1

9%

•

preferred

1% May

"4%

400

9% May

12 Va

Feb

14

Feb

28

*

Inc

80c convertible

31% Mar

1,000

23

14

~7%

Udylite
Ulen

Jan

Realization

Jan

Apr

24%
18%

Feb

Jan

14

Feb

3%

3%

500
900

6

Jan

3%

3%

400

3'A

Apr

•'
3%

1

6%

3% May

7%

Feb
Mar

11

5%

Feb

Oil

3%
11%

Feb

9%

Jan

7

Apr

7 Va May

400

Chemicals

United

United Gas Corp
United

~3

3

'

29%

30

~3%

%

J/2

A

100

common

29 V2

30

15%

14 Va

15'A

1,100

21

19%

21%

11,400

104% May
62"" Apr

May

7%

Jan

Mar

30'A

Apr

II

Jan

3

26

13,100

30

..10

Jan

% May

3,400
300

30

—

29

May

14%

Apr

45% Mar
17 Va

Jan

Feb

27%

Apr

2Hi Mar

24

r

♦

19% May
16%

7

Light & Railways
Milk Products common—

United

102'A May
56%

com—

common

25

104

104

Corp warrants
Elastic Corp

United

Feb

1; ••■4.

0"4,

Products

Aircraft

United

•

5% May

Calif—

of

Co

United

R

7%

Jan

6 Va- May

Investment Co

Union

Apr
Feb

Apr

7

3%

1

1

9

6%
15%

7%

11%

1,900
"

7%

$3.75 pfd series A
Union Stock Yards of Omaha

1,100

1,200

6%

2% May

5

Union

1,200
17%

16'A

.1.23

Petroleum

Feb

12%

6 VB

-10c

Corp

Jan

11

Va

8

17

•

Ryerson ft Haynes common

5%

12%

12%

1

Corp

Feb

16

Apr

15

l

common

30%

May

5,300

r;

Vfr 7»

3%

10

.

Co Lid

Consolidated

Jan

3%

Union Gas of Canada—

a

Ryan Aeronautical Co.

Ryan

4% Jan
20%

HYa Mar*

1,300

9%

1

Tung-Sol Lamp Works—

107% Mar

105'A
25

8

Works

Russeks Fifth Ave

Feb

36

May

10%

1%

•
*
...100
100

Shipyards Corp

Trunz

Va Mar

8

1% May

2,100

2

common:

Co

3

Feb

13A

1%

£J

reg

Rotary Electric Steel Co
Royalite OH

25'A. Jan

147/a May

Feb

•

Roosevelt Field Inc
Root

2%" Jan

29%

—

Unexcelled Chemicals Corp

Metal

Feb "
Jan

10%

rets def reg

Jan

6%

rets

dep

7%

Feb

106% 106%

1%
106%

Inc

dep rets for ord

8V2
9

i

Tonopah Mining of Nevada
Lux Corp
Tri-Continental warrants

Rolls Royce Ltd—
Am

May -

U

Valley Gas Co—
(Texas Corp) vtc.

Roeser

700

200

103% 106

Rio Grande

Rochester Gas ft Elec 4%

Feb

8% Mar 1

28

4% May
I % Apr

-

*

Stocks

Allied

&

Trans

Jan

400

4%

4V4

4%

17

~3%

2»/a
106

1
1
1

Co

dep

Toledo

Jan

300

16

13%

23%

6% May

700

15 3A

6% May
18% May

900

6%

6 V.

pfd

Roofing

Todd

Feb

300

20

19'/a

l

•'

10%

•
100
2
50c
9

Co

Amer

Feb

5,200

7%

6%

7'A:
6%

•

Richmond Radiator

Feb

2

29% May

100

1

Dry Goods

Jan

27% May

75

5

Engineering

5%

Apr

1 % May

•

_•

&

Land

Amer

50o

common

Jan

28

28

1
•

common

Tobacco Security

19%

2% May

9,500

3
16%

51

Co..

Electric

2%
16%

•

100

-

i

_•

Inc
Tishman Realty & Construction

Tilo

Tobacco

2%

;___10

?

=•

30May

.10

& Light 7%

&

Shovel

Thcw

Feb

R

common

1%

•

16%

III

Inc.

Cement,

Inc

Textron

Tlvoli

Packing Co

•16%

45 ' Apr;
32% ' Febj
31%

28% May

21%

Corp common
Electric Co common

Oil

Texon

Rath

-4,100

"3%

"II

Portland

Power

Texas

86 Va

Radlo-Kelth-Orpheum option warrants.
Railway ft Light Securities
Voting common
10
Railway ft Utility Investment A
1

28

Feb

200

Taggart

158

Y
"

28% May

•

24%

17

_•

Superior Tool & Die Co
Swau Finch Oil Corp

Technicolor

.100

Jan1
"

-

500

„1

Ray Drug Co

Tampa

Oats common
6% preferred
Quebec Power Co

•

35% Feb :

Feb

8

Quaker

41

.

Feb

10 Va

10'A

----150

200

'.May

Jan

28

102'A 103 V*

102'A
28%

•
•
5
18

Pyrent Manufacturing

Apr

111% May

107%

1

33"% Feb.,

'

"30;; Mayr;;

-5

Corp

Superior

$5 prior preferred
Puget Sound Pulp & Timber
Pyle-National Co common

27

4V» May

*

"%

100
100

'

1%

-1

Sterling Inc
Stetson (J B)

Jan

Colorado—

preferred
.
7%
1st preferred
Puget Sound Power & Light—

42

—1

Va

•

1st

'r ----- 80

28%'

—1

%

80

Feb
Jan

18%

__

Gas

*

-

Jan

26%'

„1

Sterling Aluminum Products

Feb

—

50

,

9

7

;

May

3%.May,"

■

& Co common

(A)

Brewers Inc
Sterling Engine Co.

■

-30

-

28% "'29

1

Corp

Sterling

12 Va

30

300

* -*■'

41%'

Steel Co of Canada

Feb

5

3% Mar

Feb

11%

1

America

-

8%; Feb;

69 %

B

class

Jan

3% May

8% May

Providence

of

Tube

Co—

7'/a

2,900

35

2T%

-

28%

28%

»—•'
•
1
1

B

Products

Standard

"

I'/a

35

"

■

100

i.

Preferred

61

11%

x3%

4%

class

Common

46 Va May

Apr

49 Va

17
6%

12

*

'

-

'

14% May

Prosperity Co class B

6%

6%

May

4%'

1
•

Public Service

May

9'A

9'A

Feb

3

380

"

Jan

4

-.

10

900

53

"

1

of Nevada

Corp

21

Jan

2% May

2,600,

3%

;

••
•
_2.78Standard Cap & Seal common
1
Convertible preferred.
10
Standard Dredging Corp common
1
$1.60 convertible preferred
20
Standard Forgings Corp
1
Standard Oil
(Ky)
10
Standard Power & Light
1

Feb

21%

10%

4

27%

Brewing Co-a.

Standard

12Va Mar

6% May
9% May

19 Va

*

-

Stahl-Meyer Inc

Jan

12'A May

~3%

-

5Va

--

6%

May

600

~3Va
3

Jan

:\;"2% Mar.; -:i;

3

'

original preferred:
i-J
25;
preferrd B
,
1—li—:
25
5Va% preferred series C____—
25Southern Pipe Line
l—.—10
Southland Royalty Co.
5
'

High

Low

4'A May:

%v— 3,000
5 %*
300

-

4

•

--

1

Jan

300
'

.

Mar

44%

common

of

15

5%

5 %

-

•

Range Since January 1

4%'---1,400

-

3 Va

-

10

—

'Shares

High

4%

3%

-

5%

Feb*

69

-

•

Mining

Apr

;

55

•
100

ft Lambert Co

Premier

lOVa

13

10 Va"

25o

1st preferred

Feb

-

4%

-

12.50

Southern California Edison—

Feb

4%
•113

common

Corp common.

'40

1,400

7lA

18'A

2.50

common

11%

May

Coast

-11

10

common..

Southwest Pa Pipe LinO;

2 Va May

6
''

100

93A

50
5
1

common

Canada

Corp of

•

50

Polaris Mining Co
Powdrell ft Alexander
Power

-

200
400

67/a

—

RR

E

Feb-

53 % May

6%

3

L

Jan-

1%

'

-110% May.

300

13

7%

1
2

&

28%
■"

"

41%

15

Piper Aircraft Corp com
Bess

■

'

1
___1
——1
1

South Penn Oil common..

Apr

6
-

220

150-

:

56

6 %

•

Pittsburgh ft Lake Erie
Pittsburgh Metallurgical common.
Pleasant Valley Wine Co

South

Jan

400
'-

' '

13 --

13

3%

Pitts

Boss Manufacturing

5%

-

-

41 %-

J- "
41%-

1

Pitney-Bowes Inc

Feb
Jan

4%

56

shs_.

Am

7

6,000

—

Ltd;

Mines

2%

6Vr

•

;

*
• "

common

Johnson

Gold

74%

51%

•

__50o

Pilaris Tire & RUbber com_

Pierce

2 Mr

-

6 %

110%T11%

20
—2,50

Philadelphia Co common
Phillips Packing Co

Plnchin

" 6 2'A

;

:

Jan

V Sales
for Week

-

Low_

Par

•

U

—<

Jan

59%

25%

'

5%'

7

1 J

Pep Boys (Tbe)_
Pepperell Mfg Co
Perfect Circle Corp

Pioneer

-

•

Co,

Penn Water ft Power

Sonotone Corp

•

Solar Manufacturing Co.

Feb

—

—2.50

:

Feb

•

pfd~—100

Light 4%%

52%
'-18%

"47

warrants..

class A com™

Gas & Elec

Penn

May

13% May

.

common——1

Cement

Penn-Dixie

29

"•■

Patchogue

Pennrosd Corp

150
400

32% '"

14%" 15%

I

Parkersburg

•

Week's
Range
of Prices

'

Last

Sale Price

Exchange

Curb

High

Low

High

32

32'A

8

Co

York

New

Range Since January 1

Shares

*•

Low

Par

Pen

30

STOCKS—

'

"

Parker

EXCHANGE

ENDING MAY

for Week

Range
of Prices

Sale Price

Exchange

Curb

York

New

Monday, June 2, 1947,

Sales

Week's

Thursday

'' .-'.-Last

STOCKS—'

CURB

YORK

NEW

FINANCIAL CHRONICLE

Apr

28

Feb

Preferred

Molasses

United
Amer

St.

Lawrence

Class
St.

A

Corp Ltd..

$2

Regis

conv

Paper

pref

3

United

Samson

Corp

Savoy Oil Co
Sayre & Fisher
Schlff

Co

Schulte

Co

-

A)

Inc

Steel

Co

Lock

Segal

&

4

3,200

3%

3%
30%

Hardware

2%

•

20

Sharing

25c

United

Profit

19

2,900

2

8 Foil

Co

4%

Jan

Feb

U

S

Radiator

Convertible

1

common

stock

5

$5.50 prior stock

25

Allotment

Sentinel

Radio

Safety

Corp

l

Seton Leather common

•

Serrlck

Corp

1

Shattuck Denn Mining

Shawinlgan

Water

•

4%
Sick's

Breweries

Silex Co

Canada

:

•

2 Va May

4%

1

Apr

2

Jan

12 V2

Jan

Apr

14% Mar

3

convertible

preferred
Simplicity Pattern common
Singer Manufacturing Co__
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Sioux

100

133% 134 %

300

.

loo

7%

11

Vogt

130

11%

—

10.

350

157

TVb

"

256

~

,

—

262

5%

5%

"

800~
1,140
100

Smith

(Howard)

For

'

Paper Mills—

footnotes

——

1
see

page




8 Va

8

Feb

May

2

May

3%

Feb

82

Jan

89%

Apr

12

1,200

10 % May

18%

Feb

2'A

2%

3%

Feb

2%

Apr
Apr

26Va Mar

Apr

23

500

May

3%

3%

3%

2.600

3

21%

1,000

21

May

8

May

94

Jhn

32% Mar

May

21%

4%

Jan

22% Mar

—

May

'

.

;

17

Feb

8%
312

May

5Va

...

8%

;

2,100

24

.

Apr
7% May"

.

—

9

500

6

1

'/a

5%

126% Mar

900

5%

Jan

7% May

Feb

2%

2%

2%

400

2'A

•

11%

11%

11%

300

3'A

9% May

'

Feb

12%

May

'6%

—

.200

<

14

r i; t.

f

Jan

,.

i

Feb
1

•:

W
Waco

Jan

Feb
Jan

7%

Waitt

$2

9'A

30

pfd

1

Co

Baking Co warrants

Apr

Ward

102%

Apr

Apr

West

Texas

West

Virginia Coal ft Coke

25

15%

Ja

(■fi

r

2%

8

8% May
Apr

,V 3% Jan
:;i3%, Feb
113%, Apr

200

2% May

5%'

Feb

27

Feb

6%

6%

400 *

6Va May

12%

Feb

4'A

4%

4%

700

3% May

41%

Feb

15

100

1%

—.—1.25
$6 preferred
•

33.

500

6%

1%

100

6%

Corp

Utilities

9%

"■

2%
15

Wentworth Manufacturing

Aircraft

9 Vb

110

----1

& Bond Inc

Watch

ctfs ext—•

100..

preferred-.
cum

2% May

*

Aircraft Co

5%

Jan

8%
'

'

Apr

39%

Jan

6% Apr
x255

' 4

Feb

11%

■.

Apr

100% Mar.

L_100

Solar Aircraft Co

17%

15

125

Jan

27

Waltham

£1

Jan

900

21%

10

...8

Syndicate Inc
Manufacturing

Warner

preferred_J

Feb

23%

87

2

Feb

110%

May

39

~7

147/a

—.

.~i,

Venezuela

Feb

4%

City Gas & Elec Co—

3.90%

Light common

Petroleum

Venezuelan

Jan

14

106% May
27
Feb

__

—

Feb

24

19

__

1

150

2%

May

Apr

47% May

——

®

Valspar Corp common
$4 convertible preferred

May

2% May

400

10 »A

■

i

common

Wagner Baking voting trust
•

15%

11

71'/a

20

10

i

9% May

3,300

20%

Slmmons-Boardman Publications—
$3

1,600

Feb

8% May

23

Co

Utah-Idaho Sugar
Utah Power ft

Mav

45%

12

Feb

20

10%

Insurance

Products

62

140
700

Feb

500

— —

—•

Universal

<-■

700

26%

2%

Jan

200

8%

--

12

10

Consolidated Oil

9%.

Feb

lVe

2%
.

47

13% Mar

Mar

2%

10%

20%

•

common

90

13%

__

-

•

Ltd

89%

5 Va May

100
of

May

Feb

1,400

"

„

25

common

preferred

Sherwin-Williams

.

1%|

l

Sherwin-Williams

6-;

1%

.

5

Power

&

Sheller Mig Co

5 %

Feb

12%

5%

l

common..

Control
class B

Sentry

21%

81% May

—

4

2%

1

May

78
*

—

Inc—

3%

13

780

•MM.

certificates

Semler (R B)

147/a

13%

147 a

,

2%

2%

2%

63%

8%

Apr

11 Va

;

...50C
Universal

Feb

Jan

15%
2 Vb

"_™1

common.

Feb

3Va

.

86

5
•

Feb

7%
293%

1% May

400

11%

12

1

class B

Feb
Jan

24

Apr

U

*

4%

May

9%

1

62

457a

63%

25

common

Jan

21%

2% May

50

Machinery

Jan

13%

May

Shoe

1%

10

10

preferred

10%
United

Universal

Selected Industries Inc

1%

Apr

6%

2% May

4,200

Feb

37%

Apr

May

17

400

23A

2%

20

200

18

20

8

500

3%

3%
17

18

1

Selby Shoe Co...

9%

33

3% May
29%

1,400

31%

8%

*

6 Vb

3 % May
x25 % May

l

Inc

Bros

100

30 %

J-®0

2% Mar

200

•

common

,

7% Mar
255% May

RR ft Canal—

NJ

Feb

l'/a May

100

3%

Apr

5%

Co Ltd—

rets ord regis

dep

United

Feb

9%

6%

X25% x26

I
1

Securities Corp General
Seeman

__

1%

25

common

Manufacturing

Scullin

1%

,

10%

Jan

7!A May

7,900

-

3%

■

Feb

2% May

12,000

8%
'•

Feb

43

27% May

1,800

8%

7%
— —

•

common

(D

Scovill

Brick

8 %

__1
3

common

7%

8%

1

common

Salt Dome Oil Co

29

27%

29

50

13%

7% May

1,000

8%

8%

8%

•

6%

300

14

1 Va May
6 Va May

111

11%

10%

11%

1,000

May

8%

2%

Feb

8%

Jan

Feb

113% Mar

Jan

12% "Feb

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4599

iVolume 165

NEW

YORK
RANGE

York

Last

Range

Sale Price

Exchange

Curb

Westmoreland

Coal

Westmoreland

Inc

150

28'/a

May

32
33 Mi

18 Mi

50

18

Jan

300

14

Apr

17%

Whitman (Wm) St Co__.

19 3A

19%

100

Wichita River OH Corp.
Williams (R C) St Co.

14

14

100

13%

13%

50

14%

Willson

Products

14 3%

Inc..

14%

19% May

Ohio Power

Brothers

preferred w w
Winnipeg Elec common..
Wisconsin P St L 4%% pfd
Woodall

18%

..25

6%

125

14 V2 May

19%

"100

5 Ma. May

'm

Feb

Woodley

Petroleum
Ltd—
■
American deposit receipts

Woolworth (F W)

OS preference
Wright Hargreave* Ltd

11

2%

2%

2?«

BONDS

Period

Last

Interest

"

10

10

$108

16%

$107 Ms 107%

1955

Apr

14'A

J-J

St T deb 5%s,A

.1955

Af-N

.1964

J-J

111

118%

..1970

102

22

101 Ms

5s

1

102%

2

106 Ms

113%

(AChlcago Rys 5s ctfs (part paid).1927

F-A

M-S

104%

Conv deb 5s

Debenture 5s
Debenture

w

i

Consol Gas El Lt & Pwr

102 M4

105

150

92%

1,421

91

$108%

91

$108

J-D

1969
..1976

J-J

106%

107 Ma

2Mis conv debs

1962

Af-N

1954

A-O

M-N

.

$73

N J

$31 VA

mtge 4s ser B
Eastern Gas & Fuel 3MiS

A-O

..1946

$34

112%

income

Residential Mtge

110 y4

$116

—

J-D

1959

A-O

102%

May

59
25

56

1

A-O

103 3/a

1954

...

M-S

1960

105 '/a

122

124

84

M-S

$~ '"

77 Ma

76

J-D

$51

58

55

J-J
J-D

$121

125

1949

5s

....

F-A

Traction

5s

109

(Deo 1

62 Ma

60 Ma

68'

104%

102%

104 M4

5

103

1043/4

65 Ma

29

109 Ms

2

109

63 V*

110
,108

115'/a

120 Ma

101%

—

104

8

102 Ma

102

72 Ma

109
105 Mi

—

$120%
102

Thursday
Last

Period

Sale Price

102 3/s

104

104

105%

..8<;

F-A

$34'/a

33

35%
41

3i3/4

$34%

1952

jZj

1952

33

J-J

81'/a

84

$31

35

1963

J-J

1968

3-D

$105'/4

M-S

$111

2022

Kansas Power St Light 3MiS
1969
1970
Kentucky Utilities 4s—
——
McCord Corp deb 4 Mi a——j. .—1956
Midland Valley RR—

78
33

J-D

$38

-1947

M-N

$49.

.

110

♦No

111

6

105 Va

55.

52-

*

,52

50 % >

53iJfWiV

$49-

$25

'33 r-hr.

J-D

$—

94%

1

34
45

53

125 Ma-25 Ma
94
98'/a

„

f;

J-J

$27Ma

33

3?

;37-

$27Ma

M-S

-

31

31

32

—1919

J-D

3'A*

3 Ms

3'/4

37

3 Ms

6

J-J

3%

3Mi

33/s

21

3%

6

g

Deferred

Under-the-rule sale.

102

lQ33/4

3

53

58%

103

104%

1053/4

107%

100

102'/4

tive; "conv,"

101

104,.

"w

$Thursday's bid and asked prices;
ABonds

55 Ma
$1031/4 103 Ma

M-S

...

1961

M-N

5s—

1948

A-O

100

100

lOOMa

20

J-J

101 Ma

101 Va

101'/a

52

—"

—

«

.

OTHER

'i

sale,

a

n

4

55%

delivery

value,

par

e Odd-lot

d Ex-Interest,

sale,

f Ex-distribution,

y Ex-rights.

x Ex-dividend,

107.

1967

5'/as

31%

A-O

.

183/4

30

42

J-D

Ex-stock dividend,

1113/4

2

105% 105%
102'/4 102 Mi

$1067/s

31

$28

29

-1921

rCash sale,

sales being transacted during current week.

no

being traded flat,

.

^

T

*'*"

.

§Reported in receivership.
Abbreviations used

New England Power 3M4S_
New England Power Assn

....

ARussian Government 6%s

102%

111

114%

110% 110%

j-j

A-O

4VaS—.

M-N

-1951

21

-16

42'/a

—

1954

Light

..2008

43%
94

—

J-J
F-A

24

■

86

88%

4 "

21%

94

1963

to—

42

39

84

$15Ma

-

99 M4

22

$16

stamped

78

76%

91

J-J

Rio de Janeiro stamped (Plan A)
-2012
Interest reduced to 2%

33

100 Ms 101 Ms

100'/a

AXtalian Superpower 6s—-

Extended at 4%

42

Ai.

—1957

5s...

Power

42

37

41

42
93

77%

•

High

77
76 Ma

M-S

-1972
Mortgage Bank of Denmark 5s
Parana stamped (Plan A)
Interest reduced to.2Mss....
2008

41

-

Low

-.w

—

1952
(Peru) 6%s stamped 1958

(issue of Oct. 1927)_.-._i,_ .1947
.1931
AMortgage Bank of Chile 6s_i

42

34Ma.
313/4

'

'

F-A

A 7s

43

January 1

No.

..

$38
;
$_.
,'•$__

„

Range Since

Sold

High

$72 Ma

J-D

.M-N,

Bonds

Bid & Asked

$72%

A-O
J-J

1955

-—

5s

Mortgage Bank of Bogota—
A7s (issue of May 1927)

*; 106% 108%

$32Ma

-1952

—

Week's Range
Thursday's

or

Maranhao stamped (Plan A)
Interest reduced to 2 Mos

107 Ma

"l

$107

Kansas Electric Power 3%s
Kansas Gas Electric 6s

above—"cod," certificates of deposit; "cons," consolidated; "cum," cumula¬

convertible; "M," mortgage; "n-v," non-voting stock; "v tc," voting trust certificates;
"ww," with warrants;

i," when issued;

"xw," without warrants.

,

•

t,

STOCK EXCHANGES

RANGE FOR WEEK ENDING MAY
■

2

AMedellin 7s

1

104 Ma

104

104

J-D

1957

Debenture 6s

"

47 Ma

104 Ma 104%

106'A

ALima City

105 Mi
106 Ma

—

1941 coupon)- .....1957

(July 1941 coupon)—.

Debenture

35

"2

105

Danzig Port & Waterways—
AExternal 6 %s stamped

62

104%

1955

1941 coup).

E

Gas

47 Ma

1

.1953

Extended

105

103 Ma 103 Ma

F« A

1955

—..

series F

Milwaukee

38
105

$107 Ma

Interest

' '

>

Danish. 5M2S

$104% 106 Ma

M-N

,.—1970

3

104% 104%

104%

A-O
J-J

1963-

Ls

$56 Ma

A-O

1950

_

104 Ms 104 Ms

$105% 106 Mi

J-J

.Jan 1949

B

AO %s series C__

a7s

75

39

—

Ma 104 Ma

63 Ma

J-D

1959

Penn

Agricultural Mortgage Bank (Col)—
A 20-year 7s
—April 1946
A20-year 7s
!
...—Jan 1947
Bogota (see Mortgage Bank of)
ACauca Valley 7s—
1948

International Power Sec-

Interstate

75

—

■

103% 103%

63%

J-D

BONDS

36 Ma

104 '/4

1963
1958

Indianapolis PAL 3'As

A 7s

116

Foreign Governments & Municipalities

68 Ma

25

31

105 Mi 105 Ma

M-S

Bygrade Food 6s ser

81 ref, 53—.

57M4
25

Af-N

3

1950

—

3%«

Power

59

1961
1948

Guantanamo St Western 6s

(Aug

104

893/4

102% 102%

A-O

119 Va

Bank—

AGeneral Rayon Co 6s ser A

A6M28

108

101

7

d

1964

113

117

118

1956

Grand Trunk West 4a

A7s

15

.

104

104'/a

1949

1961

debs

105%

132

112'A 113

1905

stamped

A 7s series

105

107 Mi

i

'

105

J-J

.1969

4s

...

106

104 M4

J-J

Elmlra Water Lt & RR 5s

1st lien

107 Ma

104

40

114

Low

1993
.1993

ser A.

Service

107%

106 Ma

Railways (Maine) —

-

A 1st

series

106 Mi

3

78%

J-J

Lackawanna of N J Division—

8s

19

,103 Ma 1033/4

A-O

New York Curb Exchange

Indiana

/

100M4

(Bait City)—

Gen mtge 4%a

Green Mountain

121 Va

97 y4

106% 107"'V..

103 Ma

108 M4

;120

-

1946

2030

Delaware Lack St Western RR—

5s

1

109

104 M»

;

—

105% 105%

A-O

Finland

108 V4

„

92%

5

—

$105%.

—

1981

1st mtge 4s

106

—

1966
•

Western Newspaper Union—
6s conv i f debentures

106 Mi

104'/a

170

104%

4

120

120

$99 Ms

West

102%

103 Ms

104% 104%

M-N
Af-a

A-O

Wash Water Power 3M2s__West Penn Electric 5s

72%

35

92%

105% 105 Ma

112

3M«s—

series A

A5s

86 Ma

82

J-J

1st ref 2%s series R
Gas

105

64

104

(Bait)—

1st ref mtge 3s ser P.
1st ref mtge 2%s ser Q

Consolidated

103 Ma

103 Mi 103%

104%

Af-Q

-1977

57M4

56

103%

A-O

1969

3s

131

103% 103%

J-D

1958

—_

21

69

103'/a

102% 102 Ma

1950

Debenture 5s

69

107'A

Waldorf-Astoria Hotel—

85

64

67

68

104%

5
--

159

A-O

trust

United Light St
6s

36

1989

United Light St Power Co—
1st lien & cons 5%s

106

68%

109

106%

101'/4

$162 Ma 168

1970

A7-4s 2nd stamped

165

66'/a

68

M-S

Jan 1966

M-N

104% 104%

„.__1950

(Hugo) Corp—

Toledo Edison

115%

165

;

65%

Cities Service 5s

$101 Va 102'/4

104%

108

107 Va

1043/4

'

3

Stinnes (Hugo) Industries—

108 Ma

105'/a 105'/a

J-J

J-D
J-D

;

A7-4s 3d stamped

105 Ma

107

$113Va 114

.1948
•_—1954

(10% redeemed)
A5M2S (10% redeemed)

1964

Gas & Elec 3M4S

collateral

Stinnes

103 Ma

104

180

107 M4

„

$107% 107%

States Electric Corp—

A5s

104%
84

106 '/a 106 Ma

F-A

107

3-D

77

$10834 IIOM4

1949

•;

.

$107%

M-8

Spalding (A G) 5s_.
AStarrett Corp Inc 5s-

Bell Telephone of Canada—

SCentral

perpetual

United Electric

Boston Edison 2%s

3-D
J-J
•

Southwestern

High

104

$166

1959

Low

Sold

101 Ms 102'A

Q-F

B

M-S

119 V*

-1953

4Mas

J-O

111 Ma

4Mis

(Can)

January 1

Range Since

Bonds

118

Electric

J-D

102

1

-

$104 Ma 105 Ma

109%

$118

.1998

81 Ma

J-J

2

ill

J-J

.1960

10
109

107

10

102 Ms

81 Ma

9%
1073/4

107 Ma 107 Ma

,i00M> 100%

J-J

....

3

.

1053/s

A-O

100 Ma

J. D

5s series C

102

81%

-

Southern Counties Gas (Calif)—
1st mtge 3s
w
.—.1971

2

.2024

Bethlehem Steel 6s.

102

J-J

5%s series A
.1952 "
Safe Harbor Water Power
Corp 3s_198l
San Joaquin Lt A Pwr 6s B—
1953
Scullin Steel Inc mtge 3s
......1951

Feb

High

.1970

107

High
103

Queens Borough Gas & Electric—

Jan

~3_1A

,

No.

.1961

Electric 3 Yes

P-A

-1964

Southern California Edison 3s1965
Southern California Gas 3Mis__..1970

Thursday's

Appalachian Elec Power 3%s.
Appalachian Power deb 6s_—

Corp

6%

Feb

11

May

Bid & Asked

Amer Writing Paper 6s.

101 Ms

Low

101%

109

A-O

Sinking fund deb 4s
Public Service of New Jersey—

Week's Range

Low

Atlantic City

Feb
Feb

2% May

4,100

or

Sale Price

1

A-O

Public Service Co of Colorado—
1st mtge 3Mas

Feb

7

13% Feb

.5s
£1
•

New York Curb Exchange

Assoc T

15%
108 Va

Apr

9% May

1

—

102 y4102 V*

J-J

1970

Power

Feb

;

*

Thursday

Associated

21%

Jan

IV2

—2

Industries Inc

No.

1968

Pennsylvania Water & Power 3M4S.1964

Jan

8%/ Jan

•

11 y8 May

107
800

2Vi

1%

Range Since
January 1

Sold

20 Mi. Jan

18 M2 May

100

19

••

1%

Bonds

High

^,.—.1971

Pacific Power & Light 5s
Park Lexington 1st mtge 3s...

Jan

19 Me

Thursday's

Bid & Asked

"

100

Portland Cement.......—10

Wolverine

6

6

common.

or

J-D

redeemed>.1948

1st -mtge 3 Mis—

3M.S

Wilson

Sale Price

2004

1st mtge 3s

Jan

.27

•

13
May
13% May

4s

A5%s series A (90%

Jan

19

15 y*

1

—

Week's Range

Last

Period

Utility Corp—

Mar

18'/a

10

_

Interest

Exchange

N Y St Westchester
Ltg
North Continental

Mar.

15

,

Weyenberg Shoe Mfg

Curb

Low

Feb

117

25
May
26'/a May

105

10

York

High

Low

107

26Ma

26 Ma

20

Thursday
BONDS

High

107

107

Western Maryland Ry 1% 1st pfd—100
Western-Tablet St Stationery com—
.*

'<

30

New

Range Since January l

Shares

of Prices
Low

Par

EXCHANGE

FOR WEEK) ENDING MAY

Sales
lor Week

Week's

Thursday
STOCKS—

■

New

CURB

33)

(2953)

30

it

Baltimore Stock
Last

STOCKSjj-

v

Range.

6ale: Price

of Prices

Par:

AliindeT Corporatibn-'...
Baltimore Transit Co

il-i-

-

Low

16%

*

^

' for Week

Rang^ Since January ! /

High
17 Ml

Lopp

.1^166

5%

434

25 Ma

1,270

50

16

•j

,

v

jiigfc,

v

1

Consolidated Gas Elec Lt & Power
'Co of. Baltimore common.—.

Fidelity. & Deposit Co.

'-1L

(Fidelity' & Guaranty Insur Corp.
Mt

:

6.75%

S

prior preferred

Fidelity
;

11

Bonds—

.

&
■

>

71-

*
146'%

20

40

10

146

71 H

146%

40

4M8 Apr
22'/a May

40

•25
22
•55

-

9'/a

American

Jan

63

Jan

Apr

>

«t*

J

Jan!

102

49

12 Ms

403/4

50

-Mi

'

(

For footndtes see page 42.




,,

,,

12 Ms

42

393/4

40%

480

j1

'Jan

Boston

101

40Ma

Mar

13

Feb

46 M2

"Apr-

39% May

73

& Albany

Jan

72'/a May *

36%
163%
30

161% 164

35 &

35

j..—

RR

Ry

jan

103

•

—

:

•

100
-25
-100

Traveler Corp
*
RR—
7% prior preferred
100
8% class B 1st! preferred stpd__100
>.4M?% class Ei/lst pfd stamped—100
Boston Personal Prop Trust—;———•

..Cities .^erylcq
•

''

Low High
35% 36%
34/s 35/s

Par
+*
100

x043/
34%

76

14% 15 .
iZ /S
40
40%
73.
77

30

30

14%
40%

-

24%

22
5

2M2

—

13%

5

2Va

12%

5

* -May'

:

Cliff

Mining

Co''-_ii^_—j.—-i-—25-

—

i

.,

.

13%

.28% 3!%,
1% • l3/s

';

High-

Low

.

.'

343/s May
'

55

34%-May-

.

174%, Feb

1593/4 May
<26% Jan

2,462
605c

.31

463

1175/s May
"■

•

.May

,143/4 Mayi

130.

-167

1,348

393/4 May

44% Mar
44% Feb
50%

e'

' 1

•;

4"%,

135

J
11

1

Feb

42% Ma)r

\ Jab

U0M2

'i-fco

614

571/4

270

30
,

24%

Range Since .January l,'''

146

,.

u-,

«s/8

Feb'

^

4T

of Prices

Shares

Boston & Maine

^

90%

'

Boston Herald

(

$20,000

5.

—

Boston Edison

Jan

104

Feb

4

12 -

—

Bird & Son Inc_L

$•.

i

72 Ma

1975

debs' (subordinated)!—-^Lll'1966

Copper

Tel:

&

-Jaii

i,

Vernon-Woodbury, Mills Inc—.

4%

101Mal02

10

1,

i"«

Woolen

160-

•

■

Co 4g____.

Tel

American

83

69 - -May
144'/a :Apr,.

"40

;

Sugar Refining —u

American

Jan

44M2

50

10

Boston' Elevated

__100

common-

Guar

i

Baltimore Transit
Mt

'

__

for Week

100
-*

j

American Agri Chemical Co—

25MaFett

May'-

.

t

Vernon-Woodbury Mills—

Seaboard Commercial
U

25 M2

100

Range

Sale Price

STOCKS—

•

Anaconda

common

5% 1st preferred v t c
Brager Eisenberg Inc—

Week's

1

Shares

50

5

Sales

Thfursday
Last

Sales

23 M2

t c—*

Boston Stock Exchange

Exchange
Week's

Thursday

29% May

37'/a

220

20 Ma May

39%

Feb

9.

-Feb

43/4

17
30

.

Feb

Apr

•2 Ma May-

77

May
Jan

2%>May

151

12 Ma May

18

214 '

23%

31% Mav

Jan

4

Jan

.

*20b"'

-'-Its-Apr'

13/a May,

34

OTHER STOCK

EXCHANGES

WEEK ENDING MAY

FOR

RANGE

Monday, June 2, 1947

& FINANCIAL CHRONICLE

THE COMMERCIAL

(2954)

30

Week's

Last

Range

for Week

of Prices

Shares

Sale Price

STOCKS—

Eastern

Associates-

& Fuel

Gas

25

60

May

Katz

Jan

67

6%

Ry—

pfd

adjustment

Electric
Razor
Copper

General

Narragansett Rac'g

New

Mills

Pacific

24% May

32%

51% May

59%

Jan

26%

468

23 % May

32 Va Mar

44%

62%

Jan

46

400

14

May

17

Feb

58% May

78 V8

32%

Jan

National

43% May

60%

Feb

Northwest

18

18%

265

17%

21

Feb

Northwest Util

15%

14 Va May

19%

Feb

7%

34c

26c

57c

Feb

Nunn

97

98%

795

Jan

Oak

1%

500

Jan

27%

28%

28%

S

Feb

12

19

12%

12%

100

7%

7%

18

—

30c

30c

,

100

11%

11%

12

177

12

12

12

10

35%

34%

35%

Mar

14

Feb

60c

700

45%

46%

41%

43

41%

41%

43

Mar

37%

Feb

May

46

Jan

Jan

51

Va_ Jan

44%

61 % May

71%

Apr

26

46%

Feb

41% May

60%

Feb

50

38% May

50%

Feb

13%

Apr

17%

Jan

22% May

28%

23

5

14%

24%

Jan

285

14%

25%

Feb

17%
16

May

746

.

45%

Feb

{

Chicago Stock Exchange

..—

common

Packing

Shares

Low

9%

•

150

163

163

163

High

Low

10

100

9%

9%
160

Jan

May

11%

i
t

15% Mar

11%

800

9% May

1

2%

,2%

2%

750

1% May

capital-

4

9%

9%

100

9

May

3

4%

4%

200

4

Jan

5%

Feb

5

5%

200

4% May

7%

Feb

Corp

Products

Washer

Automatic

common

—3

Avco Manufacturing Corp

,

3%

Feb

13%

Feb

16%

16%

20

16% May

20

Jan

28%

28%

50

28

Apr

37

Jan

19

19

19

18%

Apr

21

Feb

13%

13%

13%

,100

May

14%

Feb

1.1%

Barlow & Seeling class A conv.

Feb

20%

Feb

18%~

11%

100

11% May

17%

Feb

—

Bastian-Blessing Co common..

700

Co

Mfg

10
1
1

common

Berghoff Brewing Corp
Binks Manufacturing Co capital
Borg

.10

(George W) Corp.
(E J) capital

9%

—

100

450

10

13

9% May

50

Jan

Mar

50

Jan

16%

Feb

21

Feb

11% May

23%

Feb

10

20

•17% May

56

56

56

May

52%

52%

52%

100

49 Va May

64 Va

Feb

43

200

37% May

350

21

Apr

43%
26%

Feb

21%

May

190

6

50

6

37%

170
156
20

5%
54%

10

43

100

40

11

11%

200

10%

Jan

18

18

18

100

16%

Apr

10

13%

13%

15V4

900

Carr-Consolldated Biscuit common—1

11%

ll'A

11%

-400

Burton-Dixie
Butler

1

Ring common

Piston

Burd

Bros

——12%

Corp
common

class

,

1

Feb

&

Cent

Util

W

S

9%

10

50c

common

9%

distributed

When

8%
20 %

pfd-™—8%
Cherry Burrell Corp common
5
—
Central States Pr & Lt

6%
8%

71/2
8%
6%

„

1

Chicago Mil St Paul & Pac vtc

*

Chicago & Southern Air Lines-—

*

Chicago Towel Co common

*

Chicago Corp common

Coleman

:

150

156

200

148

Jan

180

Feb

20

20

20

20

May

23

Jan

8%

550

6%

8

6%

6%

1,650

18%

5%

7%
8%
6%
72

8% May

10% May

9% May

10 % May

300
75
2,200
300
300
40

7% Mar

24%

Jan

6% May

9 %

Feb

7% May
6
May

13%

Feb

9%

10

68

May

100

87

31'A

900

23%

22% Mar

25

27

150

28%

29

1,100

—

37

37

100

10

Dodge Mfg Corp common new
Doehler-Jarvis

5
1

Corp

Credit

class A

Corp

Mills

of

America

Inc—

Four-Wheel Drive Auto
General Candy class
1

General Motors Corp
Gibson

1

A-

Finance Corp

General

common

common

Refrigerator

Co common
Great Lakes Dr & Dk commoh
Hammond Instrument Co common

Heileman

(G)

Werner

Heln

Brewing Co capital
Corp
(new)

Illinois

Brick Co

Illinois

Central

Indep

Pneum

Indiana

Steel

Interstate

Jim

common^

Tool

(new)

Prod

common

Power $6

Brown

For

capital-

RR

Stores

preferred,.

Inc

5
-5
TO

-5
1
10
„1
_•

Feb

85

May
Jan

104% May
31%
30

Jan

26%

Feb

5%

Jan

Feb

29'A

28%

29%

500

x24% Mar

12%

11%

12%

350

14%

14%

9%

Feb

34%

Feb

9%

300

8% May

17%

31%

.—

31%

330

30

Apr

16%

150

16

May

31%

23

24%
47%

2
*
•
*

.

,

I

31

400

;

Feb

Feb

May

37%

Jan

21

May

30%

Feb

.300

24%

.

Feb

38

22%

,

common,—*
,—2
5

47% May

97 %

lOO

95 % May

99% Mar

65%

300

62

79 Va

Feb

650

28%

Feb

48

47%

25

25%

98

98

11%

25 Va
-

130

97%
63%

11%

23Va
98

10

■

,—

54

May

Apr

350

11%

Feb

Feb

101

May

—

13%

Apr

Jan

12

capital

12%

150

11

May

16%

Feb

10

,12%

common

Mach

Jan

6% May
23% May

31

Stockyards capital
•
Sundstrand Machine Tool common—5
Swift & Co capital stock
25

Bankshares

16%

9%

Louis Nat

Indus t

Feb

May

200

24

9 Va

common

May

12%

14

150

30 Va

Mar

16%

2

Steel

Feb

10

.1,100

7

29

25%

7

1

Spiegel Inc common.:

S

Feb

Feb

•

(The) common
208 South La Salle St Corp
Union Carbide & Carbon capital

32

38%

♦

Co

May

30% May

25%

Trane

May

23

400

1,400

5

St

28

23%
33%

—*

Brand Clothes common—
Lathe Works capital

150

28%

23

10%

1,350

9

% May

12%

Feb

3%

.200

5%

Feb

Stocks—
3%

1

Corp

Alleghany

12"%

14

800

12

May

17

26 %

26%

200

26

May

41%

35

35

100

31% May
12

May

20%

Jan

10%

11

900

10

May

11%

Jan

7

■i

May

T2%

Feb

4 % May

6%

Feb

—50

Anaconda Copper Mining

2% May.

14

1110

Amerioan Rolling Mill

26%

♦

St- San 00m. 5

American Radiator &

.-1

Certain-teed Products^:—„

i

,

Gas & Electric
Continental Motors1.1
Columbia

*

11

1111

Curtiss-Wright
———
*
Farnsworth Television &• Radio-:.—;__1General, Electric .Cq:l
—*

r,

-7

l.V .«

.

..

-

1
—4
5
—*
10

Motors

Graham-Paige

Light -'—'I——-'

Laclede Gas

Corp
—
New York Central RR capital
North American Co —
Nash-Kelvinator

Pictures

Paramount

Oil

(The)

Co

Radio Corp of

Republic Steel

400

3

Socony Vacuum Oil
Standard Oil of N
Standard

'

J-

"—

Studebaker

Corp

Wilson

&

;

common

Corp —:
United Corp —1—.———
Co

Feb
Feb

13%

400

J2.% May

22%

Feb

25

25

33%

Jan

4%

5 %

100

24% May

5%

1,200

5Va May

10%

200

;

10%

—

29%

500

30%

Feb
Jan

30%

Jan

25

Feb

14%
31

9 % May

23.Va May

— —
—

7%

Feb

25% Mar

21% May

25
14%
,

il

———A

common

6%

19%

400

j

-

30%

1
*

Oil

Feb

Apr

5

■

1

Steel Spring —'Jr.

"5%

14% May

10%
'•

25

—

Feb

-May

•

."

15

Co Inc

Jan

39%

•

500

5%

*

—

-8%

May

15%

4%

common.—8%
1 - 11%

Colp common

5Va May

32

15

5

*

common™

America

Radio-Keith-Orpheum

•

3%

Feb
Mar

13-

,—33%

—

3%

3%

15%

Airways Corp

Amer

Pure

-■;

■

—-——•—*
__—2%
Inc new com
1

Car

Motor

Packard
Pan

-

•

400

34%

33

34 Va

100

4%

4%

Feb

42

10%

7% May

Feb

8%

1,000

11

11%

300

11

May

15%

Feb

23%

25

600

23

May

30%

Feb

7%

14%

14%

900

69%

300

64

15% May

13% Mar

69%

• —
—

--

—

72

May

11% May.

17

Feb

16

24%

Feb

Mar

•< —

18 %
' 3
12

17%

400

18%

600

May

7%

10% May

Jan

9

9%

2%

3

1,200

2% May

11%

12

300

10% May

4%
15

Jan
Jan

May

27% May

33%

35

38

Apr

Jan

10 %

—

10 VA

100

10%

Apr

13%

Feb

32

100

30% May

36%

Feb

100

2% May

4%

Jan

2%

—

Cincinnati Stock Exchange

May

32

—

common

footnotes see page 42.




85

90

2%

15
15%
9%

500
1,500
250

70

15

9%

—

7%
17%

14'A
9%

7%
17

11%

10
100

9%
20%
11%

4%

4%

—

11%

—

21%

21%

*

19%

1

10 %

_*

1

30

90

18% 18%
6%
6%
54 % 54%

15

1

1

_1

Hupp Corp common...

i

24%

May

32%

common

Corp

•

12%

2%

8
17%

500
200
750
1,100

81

May

14

May

13%

Feb

99

Last

23%

Jan

11%

Feb

20

17%

Apr

6% May
52

Jan

9%
65

•

t

Apr

16% May

9%
20

11

9 % May

19% May

22%

11 % May

15

4%

Apr

7%

American Laundry

Machinery—.
Works,——

2

Street

Mar

Cincinnati

Telephone

Feb

Rights

26%

25%

26%

294

109%

6

Jan

Feb

Randall class

Jan

.

3%

9%
78

4%

25 %

26%

i '29%

Apr

110

106% Mar
75

:Mar*':

20*

•'5

May

Feb
sin 1

'88

'

»

'

Feb
Feb 1

U /

,

\

•

460

O

May

14%

Feb'

192

75

May

99%

Jan

6,881
4

25

25

41%

43%

362

24%

25

24%

B*.

,U ,S Pyjn^iiig,,.,)
Preferred

9

25

24%

60%

58% '60% '

■44%

tyjiCwaa". KhH—

50

51

32%

40% May
'

398

*

Jan

.24% May

Jan

23

Feb

50 Va

Jan

f

.

«

)

I 1

1

57% May

:65%

Jan

Jan

5%

Feb

3%

4%

10

12'A

HO

12% May,

44%

44%

.30

41%

Jan

50

51

160

49%

Jan

4%

;

4% May

3% May
24

-I2V4

Rapid

Jan

19% May

'

60

43%

Maniscbewitz

18

24%: Jan

75

77

~3%

Formica

.25

?%

50
,

Mar

May

6%

180

1

"

8% May
2% May

20%

75

Procter & Gamble ;

May

19%
109

17%

12

May

5

>

,

'High'' t'\

:37% Jan 1
7'' Jan '1

,

May

100

—8.50

29% ;Feb

120
100

5
16

Jan

11% May

29% May

4

Cincinnati New Qrl & Tex Pac— —_20

common™,

99
125

16%

5

Feb

Gas

30%

i 1

>

16%

Champion Paper & Fibre

Feb

Low

20%

-8

Locomotive

Range Since January 1

High

16%

,1

Cincinnati

18% May

.

30%

20

Balcrank

Kroger

19

Low

Par

Jan

300

100

Shares

Feb

300

100

for Week

of Prices

■

Cincinnati

150

Range

Sale Price

.3

Preferred

6%

550
600
200

"

'

1'

Apr

9%

12 %
21%;

•'

Feb

16

H

Baldwin

9 Va May

20%
12'A
4%

20
10%
13
2%

Jan

Sales

Week's

Thursday

STOCKS—

.»

Eddy Paper Corp (The),.,
Electric Household Util Corp
Flour

Jan

4% May

—

South Bend

Sunray

99%

28%

Jan

110

Apr

18

800

28

.—

*

33%

Sinclair Oil Corp.

Society

,

*

Feb

30

—

8% May

19 % May

99%

50

common

(new)

preferred

Domestic

8%
20 %

Feb

9 %

Apr

21% May

400

5%

Feb

10%

Apr

5%
93

50

21%

18%

18%
5%

7%

180

102

101

21%

10
do
_1

A

Feb

40

Co—

Consumers

Cumul

800

9%

30%

5

Edison

Feb

155

•

Pepsi-Cola Co

100

10

25

(the) Co Inc

Commonwealth

May

__

10

Service Co common

Cities

6

71

5

Chrysler Corp common

«

170

—

5
.100

•

4

8%

Apr

150

Strap common

Steel

Signode

Jan

43

Brach & Sons

Feo

17%

*

Belden

Jan

18%
6

.21

common

Prod

Shellmar

Unlisted

Feb

174% Feb

10%

common

18

50

Range Since January l

High

11%

Co

16%

16'A

200

Roebuck & Co capital

Yates-Amer

Mfg Co common.....

Asbestos

g

of Prices

Sale Price

*
100

13% May

13%

Electric Co common

Sangamo

Wisconsin

for Week

5

Armour &

Athey

Range

Par

Tel & Tel Co capital

American

Week's

Last

Aetna Ball Bearing common

Feb

13% Mar

16%

common

Switch

Electric

Woodall

Sales

Thursday

*

24%

13% May

8% May

•

16%

Westinghouse Elec & Mfg common_12%
Wieboldt Stores Inc cumul pr pfd
*

i

Jan

13Va May

1,200

21%

preferred

Vo

Sears

U

STOCKS—

20

300

9'A

9

,100
——100
2%

Pennsylvania RR capital
Potter Co (The) common

Mar

10% May

40

63%

12 ya

900

13%

Feb

11%

12

100

61%

Co™-—50
•

Jan

30c

32% May

62%

—

7Va May

172

common— —25

Westinghouse Electric Corp

22%

13%

43

common

prior lien pfd

Bush Shoe

Rath

7%

.—10

Jan

,_10
•

common-

Bancorp

preferred

Penn

Feb

2,446

System Inc

Waldorf

Jan

39 Va

47%

_

6

4

26%

40

_

Feb
Apr

120

Standard

Manufacturing

May

17% May

46%

Refin & Mining

Smelt

1%
140

26 Va May

731

40

U a Rubber

U

121

72

18

19

Jan

1%

423

1%

May

1 Va

47

140

Jan

90Va May

47%

preferred

30

*

Peabody Coal Co class B com

1%

50

1,400

•

6%

Feb

May

Feb

24% May

5

Shoe Machinery

34%

15

Jan

*
*

35

1%

—

22% May

200

21%

*

:

76

•

United

-1

100

138

—

—

—

600

17

13%

common

45

1%

•

Elec Securities com™,.

Preferred

Co

62%

*

Stone & Webster Inc

Chemical

Monroe

33c

100

Apr

40% Mar

25%

1

_—

May

15%

*2.50
preferred

43

24%

97%

Inc

30

45

50
*

11

May

26%

10

prior preferred

$1

Minneapolis Brewing Co common
Modine Mfg common

62%

100
2.50
—100

,

8

100

16

vtc

common

24%

*

1,000

36

25

13%
9%

Montgomery Ward & Co—

1
5
1

_

Fruit Co

25%

Jan

35 y4

5

capital

Corp

Hart Inc

Miller &

Jan

51%

46

_

15

100

United

Prod

Apr

7%

Feb

3

15

45

18%

Inc

Jan

41% May

245

44%

X43%

2%

100

3

3

3

*

Tel—

Torrington Co
Union Twist Drill

West

Middle

s

Feb

24%

Reece Corp_

Suburban

*
1

& Co common

Food

97%

Jan

287

26 Va

;

Rutland RR 7%

228

53%

40

common

Rexall Drug,

29%

52%

31% May

Cos

Pennsylvania RR

26%

1,030

;

RR

Colony

Marshall Field

Jan

Feb

Jan

5% May

500

8%

Feb

10

6% May
S2

10

5%

8JA

8%

24% Mar
30

*
*

(N H)

RR

Northern
Old

Apr

*
50
*-25

Mining

Butte

Jan

25

34%

————

Assn

England Tel &

North

20%

185

*
—15

:

—:

Service

National

615

27

32%

Linotype

Nash-Kelvinator

23

2O0

5%

7
•

McNeill & Libby common
Lt & Chem common

Libby

Jan

47

34%

Mathieson Alkali Works—,—...

Mergenthaler

Jan

324%

6%
95

15%

11% May

100

6%

High

Low

11%

95

5

Salle Ext Univ common

La

Range Since January 1

High

11%

11%
6%

1
*
100

—,

E'x-distribution

Cement

Star

Lone

May
May

53%

6% pfd
Tneatres—,

Boston

Low

Jan

29

(Del)

Corp

Lamson

Loew's

95
26

93'A

Mickelberry's

Copper

Kennecott

10
50

26%

Royale

Isle

97

26

21

21

Co

Safety

Gillette

common

Switchboard common.
preferred
„

Lindsay

Stores—

National

May

97

Public Service.

Engineers

83

Assoc

Employers Group

First

75

85

26,.

common.

Inc

Lines

SS

Eastern

X84%

100
100
100

preferred B

5 9c

Co

Drug

5%
1st

Shares

Par

Kellogg

pfd series A—

6%

for Week

of Prices

High

—,

Street

Mass

Eastern

Range

Sale Price

STOCKS—

Range Since January l
.Low

60

60

.100

preferred

6 Vo

"

Last

High

Low

Par

Sales

Week's

Thursday

Sales

Thursday

16 V2
■

I 52
■

"52

.

Jan

Apr

Ve,' Feb

!

Volume

THE COMMERCIAL" & FINANCIAL CHRONICLE

Number 4599

165

OTHER STOCK

EXCHANGES

RANGE FOR WEEK ENDING

MAY

30

Cleveland Stock Exchange
Last

Range

Sale Price

of Prices

Shares

.

"

STOCKS—

Low

Par

(Un)

Alleghany Corp
American

Tel

Cleveland

Iron

Cliffs

(Un)

pfd

Angeles Stock Exchange

100

a3Va

High

2% May
159% May

174% Feb

295

38%

39

85

May

265

37

May

20
400

29

Feb

103

Bandlnl

Petroleum Company

Barker
•

Bros

Corp

A

•

common

Cliffs

Corp

*

common

Graphite

5

—

(Un)__—15

—

-

Natural

Consolidated
Detroit

&

Electric

Controller

Firestone
Gabriel

Cleve

Gas

Tire

Co

Rubber

(Un)

Motors

70

25

Barnhart-Morrow Consolidated

1

—

•

,

—

54% Jan

Broadawy Dept Store
Byron Jackson Co

Goodrich

(B F)

Gooayear Tire

May
Jan

75

4314 May
10% May

Feb..

Chrysler

Bros

__

29

May

39% Feb

Colorado

65% Feb

Consolidated

class A

Cooperage

Bros

*

Industrial

(Unlisted)

Rayon

Interlake

50

preferred-.

5114

52

52

34

60

49% May
43
May
18
May
2714 Jan
13% May

95
220
305
100

■

49%
71%
61%
23
2914
15%

May
>

'

Jan
Feb

Feb
Feb
May
Mar

165

-

•

a36% a36!4

5114 Mar
35% May %•
3114 May

5414 Jan
45
Feb
3614 Feb

3114

32

50
274

19

19

220

19

May

22

__

12%

12%

110

12

May'

10%

1114

*,660

9

Jan

16% Feb
12
Jan

—

35

35

70

35

May

6

1

6

6

100

6

May

*

—

.

•

1*

Machine

Jaeger

Kelley Island

Portland

Medusa

& Trans..:

Lime

___•

Sessions..,

Lamson. &

...32

_•

,

—10

Cement.___________*

Metropolitan Paving

Brick

__4

National

&

Tile

Ohio

Mfg

*

...

(Un)

Patterson

'

(Un)

Feb

; 52
Jan
A\t 814 Feb

2514

18%

Apr

"

&

Iron

Steel

of

Jan

pfd

Corp

Corp

America (Un)

of

♦

8%

Exeter

Oil Co
&

&

(Un)

Republic Steel
Rlchman Bros

Standard

a24Va a24%

_•

' 2414 May

17% May

Garrett

•

Oil

Ohio

of

4814

-

264

46

10%

22% May

-»

570

a2T% a27%

10

common...;

Steel

S

(Un)

common

*

Van Dorn Iron Works

Vlchek

a64% a64l4

_*

'__

46
-

19

•

13%

(Un)

13%

11%

11%

50

a56% a57Va

Tool

120

__

^Youngstown Sheet & Tube__

Youngstown Steel Door

.

*

6% Mar

7%

870

12

a20% a20%

20

Feb

Jan

13

Feb

Apr

6%
11

2,133

9%
14%

Jan

a

19%

20

215

19% May

25

Feb

13%

14

200

12% May

20%

Jan

700

91 %

1

class

•

Bk

Feb

50%

242

50 % May

62

13 Va

100

13

Apr

15%

a9%

10

Jan

11% Mar

1.10

1.15

2,750

320

320

10

5%

5%

30

5 % May

8%

8%

150

7 % May

1.15

1

__

10

56

_»
corn-

common-

III*
IIIi

Foods

1

_

1.05 May

320

May

682

52%

26

208

2<?

a44

a43% a44%

203

46% May

211

8'2

1.00

97 %c

1.05

1,100

16

16

165

53%
.

26

82%

-6%

common

8%

56

—

*

Development Co
Corporation

Jan

20

13%

50 Va

Gladding, McBean & Co
Goodyear Tire & Rubber Co

Hupp

23 Va

15

_100

Corp

(The)

Inc

Feb

1,510

11% May

14

8%

Holly

34%

15

24

a9%

1

Natl

Hancock Oil Co class A

105% May

17% May
21% May

23

50%

Jan

35

1,055

al7% al7%

5

A

& Radio

98'/a 100%

100

23%

II*4

Corp_

Merchants

Corp

Kaiser-Frazer Corp

";30% Feb
54%

—

82%

May

2.05

350

9%
10

Feb

Jan

Feb

Feb
Jan

Jan

65

Feb

May

34

Feb

Jan

95c

May

15% May

58 % Mar

97%

Feb

1.35

Jan

29

Jan

Lane

Wells

Jaa

Jan

61% May

100

al5% al57/s

45

May

13
,

11% May

1

Co

1

Petroleum

6%

4

4

100

4

May

7%

Feb

6

6%

2,015

5

May

'9%

Feb

__

al5% al5%

15%

5

Jan

17% May

10c

1.30

1.25

1.30

1,400

1

Co

Lockheed Aircraft Corp
Los Angeles Investment

12%

11

12 Va

377

11

May

19

Jan

117

260

Jan

270

May

270

270

70c

70c

200

1%

1%

1,300

3%

3%

200

1.05

100

Co

1.15

2,300

9%

9%

925

1.25

Jan

1,60

Feb

Feb

29

May

23%

Feb

Mascot Oil Co
Menasco

U

Jan

14

_2

'26% Feb

714 May

107

■

6% May

20

.—•

Equipment Co

Ltd

Farnsworth Tel

24% Jan
30% Feb

24

•

5

475

7

20

Corp

Products

Derrick

Lincoln
Radio

300

7

Jan

3714 Mar

-Apr-'

490

•

5%

Apr
Feb

90c

1

America, Inc

Emsco

4% Jan

31

21

155

18%

814

18%

2%

20

100

*22%

25

__

50

275

2%

a33

22%

•

*

RR

2% ;
a33

__

*

Sargent

Pennsylvania

2%

1

class B

Brass

Oil

5,400

6%
27

20

Douglas Aircraft Company Inc
Electrical

Hunt

Ohio

85

11%

12

General Motors Corp common

Steamship

Jan

6%

7

a207/a

5

Fuel

Farmers
Halle

62 %c May

3%

70

7%

*

Corp

32

51% Jan

15

a43% a43%
18
18 %
29
29%:
13%
13%

r_

1

Central Investment Corp
Certain-teed Products Corp

Feb
17% Feb

176

a50% a50%

__

—_____*

Towing common ______100

Great Lakes

Greif

common

& Rubber common-:..*

18 Ye May

61

116

a36% a36%

*

Stores

Drug

Gray

(UN)

10

Feb

Creameries
Glidden Co common

High

1,300

6% Jan

5
68

40
60

a33
a33%^
a53% a55%

10

;

Low

5

al8% al8%
5%

2

100

a44Va a44%
all% all%

Range Since January 1

High

4%

5

•

Blue Diamond Corp
Bolsa Chica Oil Corp

100

70

Low

85

30% May
29% Feb

44%

May
19% May
40% May

16

5%

70

__

1

(Un)
(Un)

5%

—

1

Electric

General

__5
*

(Un)

General

(Un)

Navigation

&

a30% a30%
20% 22
a42% a42%

(Un)_—1

Bronze

Shares

__

Basin Oil Co

111

Cleveland Elec
Cleveland

for Week

of Prices

Par

5% Feb

17

88

Sales

Range

Sale Price

STOCKS—

125

85

86

•

Week's

Last

Low

al62Va al63

__

Thursday
Range Since January l

High

a3

___1

Tel

&

Los

Sales
for Week

xnursday

Week's

(2955)

79% Feb
'2014 Feb

1

Manufacturing

1
1

Co

Monogram Pictures Corp
Mt

Diablo

Oil

Mng

&

Dev

Co

1%

1

•

70c

May

1%

Apr

3% May

95c

Jan

3%

Jan

5

Jan

Apr

1.15

Jan

9% May

14%

Jan

92 Vac

1214 Feb

"

53% May

72%

Feb

15

21%

Feb

May

National City Lines Inc
Nordon
Corporation, Ltd

1
1

0

Northrop Aircraft, Inc

1

Corp

Oceanic Oil Co
Pacific

10

Corp common

6%

35

300

35

Jan

12

28

Apr

5% May

9%

Feb

Jan

62%

Feb.

30

1.40

1,400

1.10

Jan

16%

16%

120

13%

Jan

17

May

35%

16%

May

42

Jan

2.05

Feb

35%

685

1

1

990

IS May

Uo

Apr

39%

39%

39%

600

41%

Apr

a36% a36%

25

38% May
35Va Jan

25

_____

1st

——;—25

preferred
1st preferred

5%%

370

2,000'

"l

Gas & Elec common

■

Rights

21

5%

1.30

1

Finance

Pacific

Watling, Lerchen & Co.

35

20

5%

21

1

Occidental Petroleum

9%

25

35

38 Va Mar

Members
New

Stock

York

Stock

Detroit

Ford

Pacific

Chicago

Stock

Exchange

DETROIT

Building

•
*
1

Lighting Corp common
Puget Sound Pulp & Timber Co
Republic Petroleum Co common

New York Curb Associate

Exchange

Exchange

Rexall

Telephone: Randolph 5530

Oil

Roebuck

&

..2;

Week's

Thursday

Alien

Products

1

Products—

Davidson
'

Bros

Steel

Detroit

4.32%

3%

19

18

1,150
700

150

1%

100

19%

1%

530

7

7

200

2%

3%

Jan

5%

Jan

Apr

1% May

2%

Jan

May

20%

Feb

6% May

12%

Southern

Pacific

Standard

Oil Co

Transcontinental

Jan

20

23%

2314

23%

2,069

23

May

27%

Apr

United

10

10

200

10

May

200

10% May

12%

17%

21

Brewing

_*.

1

800

3%

900

May

10

Jan

3 Vb May

4%

May
Apr

Manufacturing class B
Gerity Michigan Die Casting..

*

Gemmer

1

Brewing

Graham

300

4%

Apr

5%

Jan

5% May

9%

Feb

Black Mammoth

Apr

Calumet

Manufacturing
Lock & Mfg common

Hurd

.

May

14

6

Jan

8

6%

1,850

5%

200

5% May

6%

Feb

Cons

3%

200

3% May

5%

Feb

16%

5

5%

5

319
500

I—

Kingston

.1

Kinsel Drug
Kresge Co (S S)

LaSalie
Masco

Screw

McClanahan

Michigan

16 % May
5

21

Feb

9

Chollar

:

Zenda

_»

10

'

11

__

*

_*

___

y Parke|\Ru§t-Proof

1% May

2%
38%

Feb

2% May

6%

Feb

500

1 VB

3,553
200

11

'

.'75%

—__2%

1

200

2

Mar

2%

Jan

75c

May

1%

1 % May

2%

Feb

10

15

May

2%

500

2% May

5%

5%

220

4% May

4%>| 4%

100

35%

150

4% May
34% May

28%

100

3%

3%

300

Feb

4

100:

3"% Mar

8%

130

7% Jan

7%

7%

210

7% May

10%

10%

200

9%

100

6% May

*

Apr

7%

Feb

6%

Jan

41 %

Products

l

Co

Raisjn

.33/.

2

Paper

Scotten-Dillon

Sheiler Manufacturing
Simplicity Pattern..

\

IIII!Il

.

U S Radiator

Axle

&

Aircraft

7

.

16

footnotes

see

^

~

page 42.




j._

Z~i
~~~ 4

16

100

11%

11 %

200

11

42

42

*

commcn

410

12%

11 Vb

ZZ

16 Vb

12%

-ZZZZZZl

Company class A__

Wayne Screw Products

7

42

600

•*""

Jan

38

1%
,

Feb

11%

12

2,752

15%

15%

222

20%

20%

1,004

63%

65 %

20%

10% May

10% May
15%

Jan

15% May

20%

Feb

20

May

22 Va

Jan

780

63% May

79 Va

Feb

23 % May

29 Vb

Apr

26 %

1,935
121

4%

4%

26

Jan

8%

Jan

10

Jan

200

4

May

6%

Feb

6c

Jan

8c

Mar

21c

Apr

50c

Apr

6c

6c

30c

30c

2,000
1,000

1.25

1.25

300

1.00

Feb

2.00

Apr

a3c

a3c

300

2%c

Apr

5c

Jan

6%c May

12c

Jan

1.25

7c

7c

3,600

'

Stan

San

Corp

40

•
100

Corp—

^

11% May
160

al62%al64

402

a44% a44%

a 163%

14

60

52% Mar

a34% a35%

213

31% May

May

16%
173

Feb
Jan

52% Mar

(111)

50

a35%
a73%

3

a47/a

10

May

10%.

50

a7G% a73%

180

71% May

165

4% May

al0%

5

100

a

42

Mar

15 % Mar
97

Avco Mfg Corp

Locomotive

Baldwin

Barnsdall

Oil

Corp

Steel

a 5%

_13

al7 % a 17%

5
5

Company

Aviation

Bethlehem

Works

a47/a

7%

Jan

a24 (/a a 24 Va

—*
15

Corp

a29

25
20

a30

85

17% May
Mar

22

33%

Apr
May

78

24

Feb
Feb

24% May

39%

Feb

96

Jan

Jan

79%

a40% a40 Va

79%

172

''

33% Mar-

Borden

4%
1

r

Jam

4%

Jan

8%

Company

31

40% May

42%

46% Mar

46%

9% May

15 %

Feb

34% Mar

34%

Jan

79%

5

Canadian
(J

Pacific

I)

Ry-

13%
7

Jan

Gas

alO%

al0% al0%

30

a31% a31%

&

j—10
Electric

Corp

*
*

Co

Commercial

Jan

Commonwealth

Edison

Commonwealth

& Southern Corp

Solvents

30%

31 y4

11

11

850
20

24

20

30

29

10%

a28% a28%

Jan

24

10
,

Apr
Jan

63

Feb

32

Feb

May

58%

75

1,652

a52

25

Corp—■

Feb

20

a53

a22 % a22 Va

•

Cities Service Co
Columbia

a41% a41%

..25

Co

Caterpillar Tractor

Apr

.10

a41%

—25

Borg-Warner Corp

75

12

Jan

Mar

24%

Feb

Mar

31%

Feb

.

~I

common

Walker

.

ZZ
■'

5

_

...

Warner

■

r

.

Udylite Corp

8%

iq

'

Timken-Detroit

-

<

__

_•

:1

...

&

& Co

Armour

Case

M;etal

(HW)

58

7%

Jan

3% May

4

8%

,d'

3%

28% May

35%

,

Feb

51% Mar

Feb

28%

.

,

Mar

47

Feb

34% Jan

2%

•

For

400
200

1%

10%

;'

1

_.__u

...

Parke, Davis

■

Stocks—

Rad

Bendix
,

40

Apr

35

Feb

May

3,625

2%

1%

12

15%

25c

Copper Mining Co

'V

300

a6%

1

Anaconda

2

1,086

9%

25c

'f 2

1

56%

9%

25%

Co

Mng

1%

,___2

„

___,

Park; Chemical

River

S

Viscose

Packard Motor Car

Rlckel

&

G

American

2%

55%

9%

56%

10

American Tel & Tel Co

1

Feb

a6 %

Development Co Ltd
Gold Mining Co

Amer

1

Feb

32

10c

Feb

.

32%

28% May

.10c

Cons Mng Co

Feb

2%

28% May

488

1

10

Apr

35

Jan

429

29 Va

30%

*

•

5%

1
1

common.....

Stamping

Peninsular

Corp

9%

5%

Inc_5

25

Atch T & S F Ry Co_

common

Sugar

Air

common

15 %

Products
Oil

Murray Corporation
National

2

Western

Apr

2%

34%

28%

29%

395

4% May

35

30% May

28%

30%

455

13% May

1%

Apr
Jan

38

100

35

16%

37%

200

1

1,177

May

37 Va

13%

2

31%

14

37%

% 4%

"l0

445

Jan

37 %

6 Va

■

.

14%

1.35

29%

pfd cl A_25

4%

A

Wines

14%

Mar

6%

13%

270

1,750

29 % May

1

6%

90c

Jan

May

29% May

1

Products

85c

100

29% May

;1

King-Seeley

May

Feb

Unlisted
Kaiser-Frazer

100

"29% May
37% Jan

Imperial

16%

86

583

Gold Mines Co—

3%

2%

100

300

Gold Mining Co

Juneau

6 Va

6%

31%'

1

Hoskins

12

5%

,

1

Paige

100

Stocks-

Mining

100
100

55%

Feb

41%

12

May

Feb

'' 5%

12

39

48

29 %

Air Lines Inc

Western

5%

__

31 % May

20

29%

Universal Cons Oil Co

414

1

&

Steel

States

Alaska

Industries

*

986

51

29 %

Union Oil of California

20 %

75

33

50

80c

Feb

24% Mar

a22

32%

Jan

Feb
Feb

29%

Transamerica Corporation
Jan

3%

21%

a21%

1

8

19%

a21%

7

30
*
1

*

6%

3%

16 Va

Calif

of

6% May

11%

11%

Jan

...

Sunray Oil Corp

5

'"10

May

3 % May

Feb

19

338

11%:

7

14

240

•

2,294

1

250
200

3%

Company

5%

!i

7%
14%

29%

Gas Co

6%

l

Goebel

Calif

5%

1

Wood

preferred

Southern

6%

Stove

7%

Feb

19%

Apr

3% May
15%

5%

Corp

Gar

preferred

6%

Electromaster, Inc.
Frankenmuth

High

Mar

May

3%

85c

Feb

30
12

25
;
25
——25
__________—.25

1

_

Detroit-Michigan

1

62%

Jan

14%

com—25

Ltd

Co

preferred class B
5%% preferred class C

10

Navigation

common

Gasket-

Detroit

19% '

1

common

Detroit Edison

2%

3%
18

1

Detroit & Cleveland

Low

High

2%

18

10

„

Motors

Range Since January

Apr
Apr

9

26 %

3%

•

Edison

6%

4.48%

2%

.2

___—

Consolidated Paper
Continental

Low

1

Metal

McLaren

Brown

Shares

Par

Electric

American

of Prices

Calif

Southern

for Week

Sale Price

,

Aeronautical

Range

Oil Corp

Sinclair

Sales

Last

STOCKS—

class B

Signal Petroleum Co of California

Exchange

54

4,115

*

Co.:

Security Company
Signal Oil & Gas Co

Detroit Stock

100

12

1

*

common

Co

Safeway Stores Inc
Sears

27 %

10%

5

Corp

Aeronautical

Ryan

80

a55Va a55%
27%

11%

2.50

Inc

Drug,

Richfield

a55 Vb

,

2

1%
2%

300

325

21

Feb

Jan

13%

Feb

Consolidated

May

18%

Feb

Continental

May

Apr
1% May

2

Jan

42

2%
2%

May
Feb

Jan

Crown

Vultee

Oil

Co

Zellerbach

Aircraft^.
(Del)—

Corp

Curtiss-Wright Corp

—

2% May

•
1
—5

2%

1,754

a'12% al2%

67

11

a 39%

a39% a39%

23

a—

5

a26%

a26% a26%

15

1

a4%

2%

2%

a4 Va

al3%

a4 Va

9

a 13%

10

30%

May

Jan

4% May
13

3%

Jan

17 %

Apr

—

May

31% Mar
6%
20

Feb
Feb

35

36

THE COMMERCIAL & FINANCIAL CHRONICLE

(2956)

Monday, June 2, 19471

OTHER STOCK EXCHANGES
RANGE FOR

Sales

Thursday

Week's

Last

Range

for Week

of Prices

Shares

Sale Price

STOCKS—

General

Electric

General

5
*
—•

Foods Corp

Goodrich

Co.

High

Low

Par

Electric Bond & Share Co__

a33% a34 /a
a39¥ta39/2

—

-

10 ¥» May

—

3%
3%
a35 A a35 A

310
30

Canada—*
•
*

a31%
11 %
44%

a31% a31¥4
11% 11%
44% 44%

45
273

7

—

a4^ a4^8

—

May

42% Jan

33

3

Edward D. Jones & Co.

65 Va Mar

52 y4 May

--

St. Louis Listed and Unlisted Securities

16% Jan
39 ¥2 Feb

41% May

L°°
380
28

--

a34%

Range Since January 1
Low
High

*
1
*

Co ——
Graham-Paige Motors Corp
Great Northern Ry Co pfd.
(B F)

WEEK ENDING MAY 30

5%

May

38 ¥4 May

I

Feb

Established

300 North 4th

38 ¥4 May

1871

St., St. Louis 2, Missouri

Members

International Nickel Co of

International Tel & Tel Corp
Kennecott Copper Corp

Libby

Libby McNeill &

1%
14 ¥s

—

York Central RR

43%

249

10%
42 ¥4
62 ¥2

York

Ohio

10
'

Co

American

North

Oil Co

a7¥i

—

22%

5¥a
24%

Packard Motor Car Co

——1

Paramount Pictures Inc—

__

5%
24%

May

22 ¥4

10 ¥2

Feb

24 ¥4 May

32 ¥4

Feb

213A May

23%

St. Louis Slock

Feb

8 ¥4 May

Apr

12

420
HO

,

Railroad
Phelps Dodge Corp
Pullman

Incorporated

al8¥2
a38%

50
25

Co

al8¥2

a38 a38%
a55% a56¥s

•

—

a 19

"

85
175
140

7%

Feb

30%

5 ¥a May

Jan

•

'

May

26 ¥2

Feb

Apr

18

417/8

Oil

Radio

of America

Corp

*

•

Republic Steel Corp
Socony-Vacuum Oil Co
Brands

Standard

Oil

Standard

Feb

54%

Jan

60%

2 2 ¥2

Apr

25 ¥4 Mar

7 ¥2

May

10 34

Standard

Co

Oil

(N J)

25

23 ¥b May

30%

Feb

&

70%

Texas

Company

Texas

Gulf

Sulphur Co

Union

Carbide &
Pacific

Carbon

Railroad

Lines

United

Air

United

Corp

•

Corporation

Shoe

Westinghouse Electric

60¥2 May

Apr

51¥b

Jan

18 ¥4 May

20 ¥4

alOO

95
25

22 ¥2
18 ¥2

170
130

3
15%

250

al8 al8%

40

25%

738

8
8%
a44¥a a44¥s

"

23%

10

93 ¥a

93 ¥2

Jan

a~

Jan

a—

—

7

Columba

—

Jan

20 ¥4

Apr

2% May

4¥a

Jan

17 ¥2

26¥a May

36¥b

Jan

14

14

50

13% May

18

Feb

33%

33 ¥a

34%

107

32

May

39%

555/a

537/a

55%

272

517/a

Jan

65 ¥4

56

57

135

55

Jan

65

Mar

41

25

May

30

Mar

50

24 ¥2

—

«

General Electric
Motors

(Un)
(Un)

common
common

.

__4

common—

Hydraulic Pressed Brick common—

26

Shoe

Johansen Shoe

2% May

30

30

25

377/a

38 %

45

38%

312

30
May
37% Jan

12 ¥4

Louis Public Service class A

St

18 ¥4

Feb

23

Feb

Stix.

Feb

350

7 ¥4 May

13 ¥4

44% May

50

Feb
Mar

4¥4 May

7

Feb

Electric

common

50

22 ¥4

16

35

19

265

24%

Chrysler Corp

—

Cooper Brewing Co

Publishing

—

_

_

600
642

159% May

18%

92

16 ¥2 May

9%

10 ¥2

412

97¥a

9 9 ¥4

134

3%

3¥a

240

3s/a May

7¥a

7%

550

6

5
1
«

Co

24 ¥b

17%

10 ¥2

_

.....

High

Low

High

23%

18%

7¥a

Electric

Storage

General

Motors

Gimbel

.13 ¥a

19¥a

19%

*

23

28¥a

May

9

May

85¥a

Apr

¥2 May

20 ¥a

1,368

19% May

49 ¥a

132

47

53¥a

59%

960

51 ¥4

19¥a

19%

I9¥a

4

9 ¥4

5

49¥a

55 ¥4

Brothers

Battery
Corp

9%

;

Feb

174¥4

*

Feb

15

Atlas

Pennsylvania Power & Light
Pennsylvania

RR

Pennsylvania

Salt

__

_

_

Bishop

Feb

Calaveras Cement Co

6

Feb

12 ¥4

Feb

Oil

10 ¥2

29%

14

492

13 ¥4 May

18

Jan

371

38

52

May,

Si

preference

•

common-

Jan

24¥2

Jan

51Va

Packing

Corp

Feb
Jan

303

9 ¥2

5

100

4

May
¥2 May

1 ¥a

210

1

May

common

Feb

12

Counties

Coast

8¥a

Paper

1%

Jan

Columbia

Feb

Commonwealth

B

19%

Jan

Consolidated Chemical Ind A

19

2,442

17¥b May

27

Feb

Cons

41%

41%

25

38% May

51 ¥4

23%

23 %

2,656

28 ¥4

2 8 ¥2

97

'"

22¥a

22¥a

130

23 ¥a May

27%

Jan

Corp

5

Edison

Corp

Air

Vultee

3¥a
'

——

'

21 ¥a

18

210

17

21 ¥4

Feb

44 ¥a

308

41 % Mar

49

Jan

52 ¥a

252

507/a May

74%

Feb

May

l¥a

27

l¥a

Apr

1%

Jan

4¥a

4%

1,432

37/a

Jan

5

Apr

Di

2¥a

3¥a

1,191

2 ¥2

May

51¥a

51 ¥a

1

49 ¥a

Jan

20%

21 ¥1

552

20 ¥a

May

4 ¥4

53

18

112

26 ¥2 May

Week's

Thursday

Feb

24¥4

Jan

Mar

19

May

32¥2

&

Sale Price

El

Range

Corp,

Products

Ewa

Plantation

Fort

Pitt

Harbison
Lone

—

Shares

Steel

-—10

Walker

Star

...

Refractories

1

mm

—

Gas
6

Pittsburgh Plate Glass

10

San

Toy Mining
Westinghouse Air

For

19

•

National Fireproofing Corp

Westinghouse

Low

33%

20

12%

12%

150

11

671

High

Farnsworth Tele & Radio common

Foster

Kleiser

&

Motors

Corp

common

common
;

-

common.

footnotes

34 ¥a

Jan

Hudson

Jan

Hunt

Feb

IXL Mining Co

May
1% May

12

30

24

24

102

23 ¥2 May

29 ¥2 Mar

18 ¥4

19

75

15%

Jan

22% Mar

2%

Jan

7 ¥4

7 ¥2

150

7 ¥4

May

20 %

25%

20

19%

Apr

24% Feb

18%

110

17%

Jan

19%

Jan

6

920

5% May

10 ¥2

Feb

see

page




42.

lie

10c

11c

*

30 ¥2

28¥a

30 ¥2

70

257/a

24%

25 %

167

3,000

Hawaiian

Feb

10

130

Inc

Apr

24 ¥2 May

34 ¥a

Stores

12 ¥2

62

32%

Bros

48%

Jan

125

57/a

Hale

10

1%

1

Corp

¥4 May

170

50

486

57o

Jan

32%

Apr

10 ¥4

42%

Feb

Motor

Foods

Car

Inc

Kaiser-Frazer

Co

common

Corp

common

Langendorf Utd Bak class A
Class

Leslie

B

;

Salt Co

Jan
Feb

63

1.45 Mar

100

100

475

86%

Jan

26

26

138

25¥4

Apr

Jan

28

52

Feb

105

a

a

30%

Jan

40

29 ¥2

Apr

32¥4

367/a

36%

306

3-4%

Apr

38

Jan
Feb

13

13

13

179

12 ¥4 May

17%

Feb

15

14

15 ¥a

1,970

11 ¥2 May

23 ¥2

26 ¥t

25%

26¥a

895
43

102

May

108

55

107

mm

mm

15

a25¥a a25 Va
a28¥2 a28¥2

30 Va

Jan

25 ¥a

Apr

Jan

Jari
Jan

May

123

Jan

32

Jan
Jan

17%

239

17 ¥2

18%

559

16

May

32

6 ¥2

6¥a

408

6

May

11

Feb

27

27

200

23

Jan

36

Mar

13 ¥a

Apr

al2¥a al2¥a
36

38%

50

1,145

17%

17%

58

5 ¥2

17%

2
10
>-*

1

Jan

17 ¥4 May

Jan

Lyons-Magnus class B

Jan

Magnavox

Feb

Feb

Menasco Mfg Co common
Morrison Knudsen—

Co

5

May

515
142

71 ¥2 May

5¥a

200

5¥a May

9 ¥4

92¥4

Feb
Jan

8

Jan

6

May

—

2,011

4%

Jan

54

637

52 ¥4

Jan

5 5 ¥4

55%

200

55 ¥4 May

557/a May

20

55%

5%

53%

5 Va

—*
*
*
*

20

272

19

May

28 ¥2

Feb
Jan

5%

65 ¥4

Feb

21

21

220

21

May

23

24 ¥2

2 4 ¥2

215

24 ¥2 May

35

26

26

225

26

May

34 ¥2

Feb

24 ¥2

991

22 ¥2

Apr

35¥a

Jan

29%

499

27

Apr

37¥4

Jan

22

May

*

24%

24 ¥4

*

29%

28 ¥4

*

22

22

22

150

•
1
*

18

18

18

284

95c

1.00

1,150

43

45

621

14

155

16 ¥4

14

*
6.66 ¥i

2
1

Feb

49¥4
23 ¥2

5 ¥4

5¥a

15 ¥a

32 ¥4 May

a71% a72%

1

500

29

Jan

Apr

25 ¥4

Feb

95c

May

1.35

39 ¥2

Apr

17 ¥2

14

May

15¥4 May

Jan
Mar

20 ¥4

Feb

29

Jan

Feb

5 ¥8 May

9%

Feb

27 ¥4 May

34 ¥4

—*

28

453

*
10

23 ¥4

21 ¥4

2 3 ¥4

1,733

36

36

10

80c

21 ¥2 May

33 ¥2 Mar

8¥a

25

8 ¥4 May

12%

429

10¥e May

3

*

*.

2,170

27%

12 ¥2

45

1.45

680

6 ¥4

6 ¥4

Feb

May

85c

28

1

35%

20c

32 ¥a

17%

7

Aircraft Corp

28 %

Jan

Jan

Feb

55

6%

Lockheed

May

27 ¥a

Mar

11

30

18%

Libby McNeil & Libby

22% May

10c

105

17 ¥2 May

2 ¥2

common

Service

Linen

32% May

24 ¥2

10%

-12.50

Brake

Electric

—

10

Corp

Machinery

Pineapple Co Ltd
Holly Development
Honolulu Oil Corp capital

18%

Brewing

52 ¥a Mar

1.25

107 ¥2 107 ¥2

Range Since January 1

1%

—

_

23

Apr

Jan

102 102 ¥2

20

Greyhound Corp common

24 ¥2

11
.

10

Duquesne Brewing
Follansbee

1

53

Jan

VA May
247/a

4¥a

6¥a Mar

a24% a24%

100

*

Co

Golden State Co Ltd common

High

33%
12 ¥2

«

Corp

„

592

53

May

92 ¥2

50

27 ¥4

1.10

*
4

Works.,

Oil

Dorado

Electrical

preferred ——
Convertible
2nd preferred
Gladding McBean & Co

Sales

of Prices

LOW

.

•

Electric

_

95
a 7%

Jan

for Week

Last

Commercial

Jan

Mar

Pittsburgh Slock Exchange

Gas

Jan

240

•

Co

Mfg

Cumulative

Devonian Oil

12

Apr

a51% a52¥a
—

5

common

General Paint Corp

Continental

6 ¥8 May
200

-—5

Giorgio Fruit Corp cl A com
"B"

Doernbecher

Preferred

Columbia

28 ¥2

'

*

100

*

--

*

18¥a

Co

100

947/a

a7%

26%

95
a 7%

1
5

Corp common

preferred

General

(D L)

4 ¥2 May

2nd

27

Allegheny Ludlum Steel

4

100

Preferred

Galland

Clark

100

4%

Feb

18¥a

Par

4 ¥2

4 ¥2

Feb

2 6 ¥2

STOCKS—

4 ¥2

—

4%

30 ¥a

20

—

40

29%

—10

Inc

Westmoreland Coal

643

210

A—2 ¥2
2 ¥2
25
*
1

of Amer Inc common

Zellerbach

Crown

Food

Westmoreland

7

200

Jan

1¥b

4%

-13 ¥a

United

6 ¥2

200

Jan

17 ¥2

1
—

Jan

26 ¥a

507/8

—1

common

36

21

43%

—

preferred
Gas Improvement

$3

Apr

25

Emporium Capwell Co common
United

Jan

609

4%

Jan

mm,

6% part pfd__25

cl

;

„

18

•

Transit Investmt Corp

System

Broadcast

7 ¥4

5¥a

Feb

6¥a

30 ¥4

5

common
E 1st pfd

22 ¥a

—

__

Tonopah Mining

&

G

Jan

*

common

High

Low

29 ¥2

4 ¥4

Jan

18 ¥2 May

—50

Reading Co
Scott

Sun Oil Co

Range Since January l

High

135

Caterpillar Tractor Co common
•
Central Eureka Mining Co common„l

940

28%

3

_

Shares

Jan

50

3.788

'

Philco Corp common

Sales

for Week

Range
of Prices

Apr

65 ¥4

39%

10

Exchange
Apr

•

common

Preferred

6

23 ¥a

•

Feb

4

5

Mills

Cotton

Creameries

Philadelphia Electric Co

May

125

100

Preferred
California

20

—

Jan

7 ¥2 May

21% May

10

-*

common

19%

10

Manufacturing

Jan

400

2.50

Co

18 ¥4

50

Apr

32

125

100

5 ¥4

1
*

May

125

4 ¥4

2

Feb

Class

Pennroad Corp

25

Jan

413

20

Bank of California N A—

105 ¥2

Jan

1

1

A May

337/a

Feb

24 ¥4

May

17

5

-50

Mar

4

400

Week's

Low

10

National

Calif

Chrysler Corporation

Lehigh Coal & Navigation
Lehigh Valley RR
National Power & Light

22

May

18

24¥b May

37

100

Bank
Imp Diesel Engine

Anglo

California

Delaware Power & Light

May

42%

13 ¥a
41

Sale Price

Alaska Juneau Gold Mining Co__.
Alaska Packers Association

Range Since January l

161 % 163%

24 ¥a

—13
*

Budd Co

Curtis

t c

28
16

100

8

22

Par

Shares

163%
v

Jan

Apr

¥4

7'¥4

21 ¥4
14

STOCKS—

Sales

of Prices

*

Wks

7

Mar

21

15 ¥2

100

25

21 ¥4

Last

for Week

& Tel

Tel

Locomotive

Baldwin

339

May

Feb

Sale Price

American Stores

American

6

Feb

40

Baer & Fuller com new

Wagner

12

15

7%

1
5
15

Sterling Aluminum common

17%

Jan

May

May

5

25

25

Jan

7 ¥2

9

24¥a

10
50

Feb

12

4l7fl

St Louis Car common

Jan

44

42 ¥4 Mar

80

18%

19

4¥4

100

16

25
25

26¥4 Mar

100

12 ¥4

21 ¥4

22

Feb

9

5

*

(Un)

2

Feb

6

9

4
20

common

American common

6

1
5

Meyer Blanke common—
Missouri Portland Cement—

Jan

¥2

1

common

Knapp-Monarch common
Laclede-Christy common
Laclede Gas Light common
Steel

26

2%

•

common

28

26

——

100

100

Preferred
International

North

1

28

& D common

Huttig S

Hyde Park Brewing

Laclede

10
*

Griesedieck-Western Brewing

13% May

28¥2

Range

Low

Jan

45

27¥2 Mar

Feb

22% May

Last

Par

7 ¥2

27%

57

Brewng common

Philadelphia Slock Exchange
STOCKS—

High

<;

6 ¥4 Mar

27 ¥a

Thursday

Week's

Low

130

San Francisco Slock

Thursday

Range Since January l

High

1

7

..15

common

Sales

Low

3

Rights
22 ¥2

-1,402

14%

Shares

»

Apr

2%

1

(F W);

Co

Apr

18 ¥2

3

12%

Willys-Overland Motors Inc
Woolworth

Jan

22 ¥2

"

Corp

Feb

37 ¥4

47 ¥a

5

class A

25 ¥2

Apr

25

5

Pictures Inc

Warner Bros

16 ¥4 May

34

10

al26% al26%

for Week

of Prices

Par

■'
Equipment common;

•

Bank Building &

70% May

Feb

65 ¥4

Jan

55

145

a96%

alOO
al26%

1

Western Union Teleg Co

41 ¥s

5 7 ¥4

10

(Del)

31¥a May

a47 ¥a a47 ¥a

al8%

100

Inc

Aircraft

United

Corp

Co

31 ¥a May
37 ¥2 May

al8¥2 al8%

__

10

15 ¥b May

420
435
1

a59¥2 a59%

*

Tide Water Assoc Oil

Union

18¥2

a31% a31¥2

,_25

—

70%

18¥4

18¥2

25

Co

"Mar

9

40

70%

1

Studebaker Corp
Swift

a39%

a40

593

Feb

90

a28¥s a28¥a

25

SL

Feb

37 ¥a

14

292

14%

14%

*

(Ind)

575
565
175

23 ¥2
8
24

24

__

15

Inc

Co

23 ¥2
7%

23 ¥2
8

•

Company

(

■

,

23 % May

Range

Sale Price

STOCKS—

Week's

Last

General
Pure

7600

Exchange

Thursday

Brown

Pennsylvania

Phone

OEntral

Teletype

Bell

Feb

4
200

a24% a24%
22¥4 22%

—

Exchange
Exchange

1% May

1% May

60

a7%

Stock

Chicago Stock Exch.
Chicago Board of Trade
New York Curb Exchange Associate

I

1

American Aviation

North

Stock

Louis

St.

Jan

Apr

51 ¥4

200
490

New

Feb

May

31

98

Jan
Feb

46% Mar

Apr

8% May

150

a31% a32 ¥a
51 ¥4 51¥t
1%
1%
13 ¥4 14 ¥a

a32Va

5c

Inc

Montgomery Ward & Co,
Mountain City Copper Co
New

18
*

Inc

Robbins,

&

McKesson

9% May

190

8%

8%

36

17%

32 ¥4 Mar

233

1
1

13 ¥2

166

1.50

1.50

1,000

10

13 %

13%

510

3

May

12 ¥4 May
1.25

Apr

12¥4 Apr

30

Jan
Mar

¥2

Feb

10%

Apr

20

Feb

36

4 ¥2

Feb

17% Feb
3%
15

Jan

Feb

[Volume 165

THE COMMERCIAL & FINANCIAL
CHRONICLE

Number 4599

OTHER STOCK
RANGE

Last

Range

Auto Fibres

National City Lines

Low

Oliver

Utd

Filters

class

Amer

Fisheries

Rights

72

"

11

10 V2

11

14

9 'A May

30

850

—-

High

9 'A May

50

9 A
13%

5

_

11'A

2,100

Feb

14%

Jan

Jan'

May

13 Vb May
78% Feb

Mar

13

Jan

12%

Jan

May

9'A

Feb

May

42'A

1A

Apr

10

5%"!o
Pacific

4,094

35

5

6

6

6%

35%

35 %

35%

1

1

1 i'tf

25
,—25

Lighting Corp

*

common

preferred

393A

39%

35%

35%

*

common

preferred

Columbia

Gas

39%

38% May
35% Jan

1,417
195

35"%

70

41% Mar

Pac Tel & Tel

54

Apr

62%

Feb

Commonwealth

&

Natural

Co

Rayonier

Incorp

Feb

Eastman

Apr

105

Feb

Electric Bond & Share Co

15

27%

614

27%

Apr

28%

General Electric Co

28%

105% Mar

19

107

16

20

16

May

100

57

Feb

57%

723

25%

Feb

307/a

Feb

Food

Corp

28%

.

.

129

Jan

18

Mar

Graham-Paige Motors
Northern Ry

Rheem

a20% a20%

Manufacturing Co
Oil Corp common

Safeway Stores Inc

common

San Mauricio Mining
6ears, Roebuck & Co capital
Union

Oil

50

14% May

16

Feb

16%

16%

382

19%

Jan

21%

21%

280

15% May
20% May

class

11c

33,616

32%

34

525

a27

264

100 100'A

258

84%

Jan

112

Mar

50

51 %

1,570

42

Jan

55

36

37%

726

35

'Apr

47

Feb

al8% al8%

20

18

May

21

Mar

A—100'A

common

1

common

2

51%

•

__

al8%

a9%

Standard Oil Co of Cal

.»

10

Western

Pacific

U

15%

Jan

1,841

51% Mar

58

475

26% May

32

Feb

18 %

18%

568

11%

12

7,986
97

18 % May

20% May

10% May

15%

a__

a__

786

20

Apr

22%

21%

Jan

28%

Apr

65%

266

62

May

78%

Feb

Pan

26

486

24%

8'A

220

Jan

29

American

28'A

28%

80

28% May

a300

a300

a300

1

282% May

26 %

26'A

325

23% May

50

19%

29

18"%

1001 a75%

19%

322
20

a75% a75%

Jan

Cab

Co

common—1

*

9%

37%

Feb
Jan

60%
5%

Feb

36

41%

Apr

May

Pioneer

Gold

200

4%

272

3%

820

2.80

Jan

3%

Feb

84

30%

Apr

36%

Jan

215

9% May

17%

alll%

all0% alll%
44'A

86

44'A

282

a20% a20%

60

a31% a31%

22

19% May
4% May

60

20

22

170

7%

7%

Jan

Pioneer

Mill

a__

___

9%

450

3'A

3%

125

26%

26 %

55

26% May

35

Feb

10

29

16%

276

17

Feb

Feb

a__

—

49%

Feb

20%

25%

Feb

Feb

a__

100

a

20

—.

May

7%

26%

Feb

Apr
May

8

Jan

15c

.18c

3,000

53%

398

50

Apr

May

15c

23c

Feb

64

Feb

19%

Feb

lVA

145

14

19%

19%

363

177A May

22% Mar

14

13%

14

335

12

May

22

Feb

1

a7 %

a 7%

30

7

May

10%

Feb

10

24%

24%

100

24% May

32%

Feb

100

cap

15%

19%

15%

15%

406

14

May

22%

Feb

1574

17

215

15% May

21%

Jan

20

17

•

common

a22%

a22% a22%

*

5%

75

5'A

120

a__

a__

5'A May
97A May

—

7%

Feb

2.50

common

.

10%

10%

410

15

Feb

1

24%

24%

850

23

May

307A

Jan

18%

187a

422

18

May

26%

Feb

30'A

30'A

514

25 %

38%

38%

200

37% May

3%

3%

100

3%.May

6%

6%

200

50

__

33'A 0
Corp__

30'A

25
B

C____

__

1

Co

3%

20

__

Pullman Inc cap

•

a55% a55%

26

Pure Oil Co common

•

a23% a23%

-10

Corp of America
Keith Orpheum__
Republic Steel Corp common

•

Shasta

*

Jan

30'A May
42

6% May
54%

Feb

3% May

8'A

Feb

Jan

58

Mar

21% May

25

Mar

Feb

13%

9% May
11% May

Feb

•

-

of

Mar

7

44'A May

52%

53%

25

*

Ltd

Mines

Feb

a30% a31%
10%
10%

a31%

l

Airways

Pepsi Cola Co
Phelps Dodge

Jan

23'A

17% May
a__

a

45% May
3'A May

3

__

Pennsylvania RR Co^

34%

330

Jan

Feb

21 %

Radio

Yellow

a__

16

4%

*

Aviation

Co

65

May

19%

__

*

common

Motor

80

170

4%

Apr

11%

8% May

100

pfd

Co

Packard

103

a3%

a35% a35%

__

Jan

295

8%

__

39%

•

Pacific Railway

Oil

20%

22%

20

1

32% May

•

North American Co common

25%

__

770

5

65%

__

1

33%

______5

Paramount Pictures

10

45% May

3

*

National Distillers Prod
N Y Central RR capital

20%

__

44% May
10'A May

a39 a39%

Nash-Kelvinator Corp

22 %

__

Feb

100

1

i

Co

6 'A

Feb

261

a3%

•

Sugar

Feb

Jan

426

472

•

common

M J & M M Cons

Oahu

6%

25'A

30

23

a43% a44%

»

McBryde Sugar Co

Northern

4 % May
217A May

a4%

22%

-4%

Jan
—

Feb

36%

7

36%

10%

1

American

12%

Feb

114

123

a39

•

Feb

27

22 %

•

T

pfd

A

Macy (R H) & Co Inc__
Matson Navigation Co_.

Ohio

common

Co

9% May

May

a7%

a44%

Montgomery Ward & Co

al4% al4%

10

common

R

Feb
Jan

56%

11%

25

Consolidated Oil
Victor Equipment Co common
Waialua Agricultural Co

Western Dept Stores

Jan

38%
30

26%

—

2

Universal

&

25

20c

55%

__

5

Union Oil Co of California
United Air Lines Corp
U S Steel Corp common

Bank

56%

10

common

Transamerica Corp
Transcontinental & Western Air_

non-cum

class

Johns-Manville Corp —,—;
Kennecott Copper Corp

North

Super Mold Corp

Sugar

a9%

9c
May
307A May
25% May

Feb

33%

May

10c

Jan

29%

45'A

Inter Tel & Tel Co common

Inc

37A

24% May

18

10%

1

Idaho Maryland Mines
Corp
International Nickel Co Canada

Loew's

2% May

152

44%

.24% Mar

a25%

Sperry Corp
Spiegel, Inc

Fargo

Feb

34

5

Indies

25%

Apr

a27

Soundview Pulp Co common
Pacific Co

West

19%

•

Southern

Water Ass'd Oil

Feb

320

11c

Co

800

•

common

common

Feb

'May

15

common

Signal Oil & Gas Co

38
12

Jan

14'A

__

10 pesos

25

10

14 %

—

5

,,

18% May
35% Jan

80

688

12

a20% a20%

—

10

_

11

a20%

•

20

a36% a36%

,

11%

1

Richfield

S & W Fine Foods Inc

__

1

common

Battery
Hupp Corp

2%
a26

*

Goodyear Tire & Rubber

Great

Jan

—

Feb

27%

1
25

Co

0

•

Feb

24%

10 %

*

common

21% May

29% Mar

4%

5

new

Jan

100

a4%

23

Mar

Kodak Co

117A

22%

a6%

—

•

Feb

Apr

a24% a25%

10

12%

10%

2%

—

_1

102%

Jan

337

a25

__

_*

Curtiss-Wright Corp
Dominguez Oil Co

26

11

a42 a42%

a2G

1

Amer

1

High

11

—

*

Corp

of

Low
105

22%

15

45

16

—

*

common

Petroleum

Y

Range Since January

High
a31

11

•
N

Co-,

241

a53% a53%

—

f

Preferred

Republic

of

Gas

14

107

P 100

Co

Motors

Crucible Steel

Hobbs

Wells

Southern

Edison

Consolidated

Continental

a28%

*

27'A

—

Low

_*

13'A

100

common

Philippine Long Dist Tel Co
Phillips Petroleum Co
Puget Sound Pulp & Timber

Tide

Electric

&

Dumbarton Bridge

38%

Shares

a30%

,—10

Commercial Solvents

General

Shell

common

102% 102%
—

*

10% May

7,374

'

a56% a56%

—

*

Pub^Serv

6

25

common

1st preferred

Pacific

50
778

for Week

of Prices

Par

Cities Service Co

Jan

U May

72

al0% al0%

—

_1_

:

1st preferred

1st

550

32

B

Pacific Coast Aggregates
Pacific Gas & Elec Co

S5

High

*10'A

9%
12%

9%

Sales

Range

Sale Price

STOCKS—

Consolidated

Pacific

6%

9%

Week's

Last

—

•

5 'A 7e

30

Range Since January 1
Low

pfd—100

1

Natornas Company
North American Invest

MAY

Thursday

Shares

10%

3.

common

EXCHANGES
ENDING

for Week

of Prices

Par

National

WEEK

9

/

9

3

11% "Jan

Apr

May

Unlisted Securities—

Alleghany

Corp

American

Factors

20

cap_—

American Power & Light
American Radiator & Std
Amer

1

;

Ltd

__

__

•
San

•

Smelting & Refining

10

13'A

__

•

a53%

100

164

a53%a53%'

50

5%

53 % May

Feb

57%

Jan

174%

Radio

Water

American Viscose

Corp com
American Woolen Co com

14
*

164

164

925

a44% a44%
2814

__

62

31

1,025

160

May

Sinclair

Oil

a^_
28% May

Corp

Copper Mining
Argonaut Mining Co
Armour

&

Co

(111)

Manufacturing

So Cal

a__

43% Mar

6%

Ed

334

41%

a74%

Feb

Aviation

200

3

Standard

Brands

10

May.

15'A Mar

Standard

Oil

a70% a74%

230

69

May

96%

Jan

Studebaker

7%

Bethlehem

Steel

18

5%

273

Mar

4% May

Airplane

Bunker Hill

&

18

225

8%

9%

650

24%

24%

114

22

Mar

29%

29%

265

28

May

33 %

a77% a79%

197

78% May
3% Apr

91% Mar

14% May

23

16

18% Mar

__

•

__

3%'

_5

common

Sullivan

15%

2%

Canadian

Pacific Railway
Chesapeake & Ohio RR

25
25

t._

__

__

3'A
15

3%
15'A

16% May

7% May

2,047
300

,

a 16% al6%

20

see

page

42.




Inc
of N

Co

Corp

May

15%

Feb

May

30%

35

17

May

17

14%

14%

105

14

14%

14%

255

14

30%

Feb

21

Jan

__

"

May

16'A

Jan

Mar

15% May

307A

565

a28% a28%

81

30% Apr
287A May

32%

Feb

a28% a28%

64

28% May

31%

Feb

34%

Feb

*

J

a28%

a28% a287A

75

34Vb Mar

35

Mar

25

J

common

a70%

a69% a70%

303

63% Mar

70

May

17%

18%

765

16% May

24%

a59%

a60

116

"a—

18%

19

441

17

27A

27A

100

15'A

15%

1

Company common

__

25

24 %

Feb

United

16%

Feb

United Corp of Delaware—_

1

Warner Bros

5

Feb

Aircraft

May

5%

Feb

Corp common

5

Pictures

Petroleum

1

common

Preferred

1

—

Feb

a

Western

Air Lines

Western

Union

Inc

*

1

10'A

85

9% May

14%

Feb

a43% a43%

110

42% May

54%

Jan

Woolworth

a

10%

a

ft.

.

18%
__

-_

33c

4%
—

May

20%

Apr

2% May

4'A

Jan

560

14

Apr

18'%

32c

33c

900

30c

Jan

50c

3%

4%

2,200

6%

6%

350

al8% al8%

70

3% May
6'A May

4%

Feb
Jan

Jan

7%

Apr

28%

Feb

28%

Feb

Feb

Telegraph class A
Westinghouse Electric Corp com
12%
Willys-Overland Motors
1

...

footnotes

Feb

11
23

24% May"

__

1

__

25

■

Westates
common

10%

660

826

Feb

__

5

Corp

30%

25

500

9%

5

14%

25

common

3

5

100

7% May

254

.-

Feb

3%

__

15

preferred

11

13
common

Blair & Co Inc capital

For

31% May

Ltd

capital

preferred

3

_3

Locomotive

Baltimore & Ohio RR
Barnsdall Oil Co

Boeing

—100

36%

8%
11 'A

24%

17

__

•

Oil

11

__

Texas

Baldwin

Bendix

36%

__

5
5

Atchison Topeka & Santa Fe
Avco

50
.

8
11

23%

__

__

Feb

5%%
Anaconda

8%

1
•

Co

Soconv-Vacuum

American Tel & Tel Co

37

Sales

Week's

Thursday
Sale Price

.

STOCKS—

FOR

(2957)

(F W)

common

10

al8%

a44%

26
__

811

23 %

23%

Jan

24%

26

8'A

8%

100

7

May

13

Feb

a43% a44%

165

44

May

52%

Jan

Jan

.

'38

THE

Monday, June 2, 1947

CHRONICLE

COMMERCIAL & FINANCIAL

(2958)

RANGE

MARKETS

LISTED

CANADIAN

FOR WEEK

ENDING MAY 30

Week's

Friday
Last

Montreal Stock Exchange
Montreal compilation is for

xhe

Note:

Friday
Sale Price

Shares

High

14 % May

15%

15%

2,696

19 %

18 %

191/4

21% Feb

3,945

42%

42i/a

40

21

21%

395

32%

-

32%

50

•

prior preferred
Acadia-Atlantic Sugar A—
$2.50

21

Agnew-Surpass Shoe

Steel

Algoma

Argus Corp

of Can 4%

pfd__50

% pfd.

& Power 5

Bell

22%

825

Apr

Mar

210

May
Feb

199

219

27

250

26%

Jan

27%

52%

10

52%

Jan

52% Mar

195

92

Feb

98

93

93

15

1.00

350

27

26

27

584

26

May

30%

20

19

20

485

19

May

23%

Feb

188

188

452

21%

*
•

3%

Note Co
Products

American

Bank

Columbia

Forest

British

Columbia Power Corp A

187
21

182%
20

1,488

211/4

May

Apr

25

4%
78%

Jan

103

103

103

10

102%

Feb

28

29%

23%

St

23% May

4%

271/2

5

Apr

29%

Feb

Sicks

Apr

3%

Feb

Simon

30

385

28

May

85

8

77

Jan

100

85

•

18

17

18

1,250

17.

May

311/4

311/4

544

30

100

31%

Jan

I51/2

151/2

25

32%

Feb

.

Cement common

Canaua

$1.30

preferred

Canada

Steamship

10%

11

516

10% May

15

Feb

51%

56%

2,010

50% May

61%

Feb

15

14%

15

600

14% May

17

253

20

5%

common

preferred

—

Breweries

Canadian Bronze common

Class A

—

Canadian Celanese common
——--*

pfd ——
Canadian Foreign Investment—
Canadian Ind Alcohol class A
Class B

25

104% 104%

Simpsons Ltd

common

45

preferred

•

I100

of Canada

Steel Co

preferred

United Steel

Mar

Electrolux
Famous

preferred

19 %

67%

Feb

104

Jan

25

275

Winnipeg Electric common
Zellers Limited common

25

May

16

100

15

Mar

17

15

12

May

14

Mar

Apr

32

5%

Apr

38% Feb

75

30

110

30

12%

12%

560

11%

,

11% May

16%

Jan

Apr

15%

Jan

Apr

37

18%

Feb

25

15% May
11% May

5

821/4

78%

82%.

964

78% May

41%

42

130

41

14%

14%

1,990

'

,

82

377

83

83

85

75

9%

9%

14

8%

1,625

7% Mav

Gypsum, Lime & Alabastlne
Hamilton

Paper

common

preferred
Bay Mining & Smelting

$2

Hudson

43

19

33

295

37

1,135

14

Mar

16y8

„—

9

May

11

preferred

6%

28

May

33

Nickel of Canada

International

Paper common
Petroleum

International

Utilities

Lang
Laura

the

Woods

Sons

&

common

Ltd (John A)

Montreal

Cottons

35%

35%

National

Drug

National Steel

&

23%

23%

50

50

For

footnotes

see




42.

Feb

Jan

29

Feb

21% Mar

23

Jan

25%

Apr

28

May

35

May

19

,Jan

22

Apr

25

Jan

50

Jan'

50%

Feb

'Canadian Funds

Sale Price

21% May

25

211/2

26%

Jan

Note:- -The Montreal

Jan

30

May

Jan

26

Feb

291/4

1,080

291/4

293/4

525

.25%

251/4

1,450

29 7/8

25

95

344

92

Jan

May

30.

Week's

Friday
v

STOCKS—

140

103

Mar

106% May

20

100

20

Feb

Acme 'Glove

Low

for Week
Shares

94

17

Jan

20

217

201/4

Mar

21

May

22 % May

Brandram-Henderson
& Distillers

Brewers

British
20

600

201/4

153/4

161/4

365

lo% lviay

18

Jan

17 y2

17%

173/4

350

17%

Feb

19%

241/2

Jan

Jan

9%
;10

225

8

10

May

2,000

24

125

B

■Class

Preferred
270

17

Apr

110

28

109

Feb

4

100

19

181/2

19

110

110
4

3% May

19

5%

Preferred

15% May

350

16

I51/2

16

105

105

5

105

Apr

14

131/2

14

555

13

May

-

18%

Feb

16% Jan

Canada

Ltd

Canada Malting Co

61/4

61/4

75

25

25

25

53

531/2

285

421/a

421/a

43%

700

6% May

250

53

9%

Feb

May

29%

Feb

50

Apr

53%

Feb

40%

Apr

45%

Feb

24 %
-

14 7/8

14%

14%

4,468

12%

Jan

15%

Feb

15 1/4

15

15%

2,265

13%

Jan

15%

Apr

8%

Feb

8

8

500

7%

Apr

36%

37

150

30%

Jan

97%

98

30

105

105

10

Canada

Northern Pow Ltd

Ltd 1%

Canada Starch Co

Canada

Vinegars

97% May

38% May
100

106

Feb

24% May

26

Jan

35%

38 %

Jan

Apr

Canadian General

Electric Co Ltd

Canadian

Industries

common

preferred

Tr

Inv

•
*
50

24%

25

155

36'/4

36%

80

Apr

Ltd com

1
•

Marconi Company

•

34%

33%

34%

1,891

32 %

May

37%

Feb

45

42%

45

3,770

41

May

55

Canadian Pwr & Pap Inv

Jan

13% May

16

Feb

13%. 13%

100

6%

100

52

35

43

May

64

Feb

153

153

2

153

May

171

Jan

4

6,985

74

267

11%

10

21%

-

22

•

35

215

.

8%

*6% May

5%

2% May
67

9%
105

20%

Feb

Feb

88

Jan

Feb

12'A

May

Apr
Feb

107

Apr
Jan

23% May

Apr

63

75

110% 110%

30

110

Jan

112%

Jan

120

10

109%

Feb

120

Apr

13%

110%

13%

15

13%

Feb

15

Apr

20

50

20

May

30

120

56%

98%

15

275

275

15

15%

15%

15%

22 %

22%

750

15%

Feb

99% May

98% May
260

275

Apr

May

16%

Apr

Feb

1,380

21

Jan

27

Feb

1

185

Mar

189

Jan

5

1.85

1.85

150

"2%

2%

5

26

■

23

188% 188%
2%
2%

__

26

18

25

Apr

33%

34

205

26

Jan

135

Mar

4%

2% May

.

Feb

2%

Jan

-3%

Feb

1.75 May
•

2%

"

Jan

52

56%

♦

Intl

Canadian

27

98%

com

Ltd

Canadian

May

275

—100

;—•

24

20

•
*

Investments Ltd

Gen

1%

Ltd

Food

Canadian

397

105.45 105.45

—

*

Dredge & Dock Co
Products pfd

Canadian

Mar

105

74

—

7% pfd_100
pfd
100

Ltd

Jan

25%

70

4

*
*

Si Dominion Sugar

Feb

25

8

11%

"

—

100

Ltd 6% pfd

Calgary Powers Co

17

Feb

52

Jan

108%

Apr

21

6%

1

Ltd

Hosiery Co

Butterfly

Apr

15%

10

3%

-

—

100

1

»

13% /Feb

12%

30

25

—

1

Company common

Brown

Jan

Jan
Jan

16

16'

25%

May

111% May

12 %
3

2% Feb

21%

12%. 12%

16

Columbia P & P Co Ltd

British

11% Mar

Jan

512

2%

21%

-

„

cl A—*
:
*
com.*
100

Packers Ltd

Columbia

British

Feb

26

241/2

.

5
*
.*

Jan

21

161/4

241/2

Ltd.
of Vancouver

(T G) common
American Oil Co Ltd

*

High

Low

10

9%

•
•

Bright & Co Ltd

Range Since January l

High

2%

9%

*
Co com

"

of Prices

Par

Works Ltd

Belgium Glove & Hosiery
Brand & Mlilen Ltd A

Sales

•

Range

100% Mar

103»/2 1031/2

973/8

compilation is for the full week ending

30% May

25%

20

1.75 May

30%

Feb

36%

:

Apr

Jan

12% May

14%

6,780

16%

Jan

40

40

10

40

Mar

46

Jan

101/4

10%

10%

751

10

May

13%

Feb

24

24

24

75

35

35

35

290

21

150

14%

20%

23% May

26% Mar

33%

36

19%

Feb

Apr

19
—

19

10

19

May

15%

15%

160

15

Jan

16

25%

73%

Jan

21%

Feb

21

Jan

16%

Feb

16%

796

14% May

21%

26

385

23%

Jan

28

Mav

73% May

80

Feb

73%

10

14

14

14

400

14

37

36%

37

480

34%

May
Jan

Silk

Canadian

20

Feb

Feb

37% May

12%

12%

230

12% Mar

14

Feb

17%

16%

171/2

400

16% May

22%

Feb

:

7%

25
5

—

24
46

46

48

818

50

46

50

50

13

23%
44

13

24
46

10
305
920

42

Apr

48

May

46%

Apr

50

Jan

*

Catelli Food

1.40

20

2%

2%

3

2,580

2%

Apr

*

Lumber Co

Products Ltd com

24%

24%

24%

12

22%

6%

Feb

preferred

Alcohol

David & Frere Limitee class

Engineering Works Ltd
*
Domin Oilcloth & Linoleum Co. Ltd—*
Dominion

Square

Ltd

Ltd

23

Apr

42% May

13%
26%
53

Feb

Feb
Jan

Fairchild

Aircraft,

pfd

Fanny Farmer Candy Shops Inc
Fleet Mfg & Aircraft
Ford Motor Co of Canada class A

15%

17%

150

17% May

1.05

1.15

2,350

Fraser

Companies

•

:

1

.

71%; Feb
19%

18%

<Feb

:

Apr

|

t,25%^ Feb

i

1

24%

25

23

Jan

4%

10

4

May

-5%

Feb

37

37%

90

37

May

48

Jan

41%

66

36%
36

41%

60

9

9

25

21

21

25

2%

2%

175

50%

51%

100

3%

2%

3%

•

22

21%

22

1

46%

43%

46%

16%

2%

51%

v

i'2%

1

4%

37%

;■

Apr

,<19%. 5Jan

1.05 May

2,062

1
*

24% May

Jan

24%

1.15

Feb

3%

h

14% May

36

20
5

Mills

4,394

19

16%

16%

Limited

Products

45

17%

16%

—L—*

Steel

50

36

Ltd

Eastern

6%
19%

14%

•
*

Corp—

Donnacona Paper Co

r

.'Jit*:

6%
19%

6%

*
*

A_

Class B

Dominion

1.40

Jan

154

Jan

5
Consolidated Bakeries of Can Ltd.—*
Consolidated Paper Corp Ltd
—•
Consolidated Textile 5%
pfd
20
Cub Aircraft Corp Ltd
*
Commercial

34

2

100

preferred

Canadian Western

May

13

*

Products

Vickers Ltd common

Canadian

12%

40

•

•

page

May

38

Montreal Curb Market

Jan

20i/4

•

Noranda Mines Ltd

17% Mar

Jan

'•

Notes 1949.

3%

Power

Last

20

*

Car Corp

Mar

$17,000

Bonds—

Montreal

Friday,

12%

pfd

23

140

Jan

95

Works.

Chemical

Mar

27%

45

.10

Feb

IO31/2

common

preferred

Feb

105

35

.10

Esmond
1%

315

". ^0

Nova Scotia

18%

*

National Breweries common

35

28%

Royal

42

Apr

•

Locomotive

31

Jan

308

36

26

Montreal

Apr

104%

13

1,046

12% May

16%

Breweries

.

20% May

22%

825

•

(Robert)

785

26%

175

•

Molson's

10

15

22%

38

*

Mitchell

21

27%

26%

141/4

Mitchell

S)

10

22%

13%

McColl-Frontenac Oil
(J

25

105

26%

100

25

•

Massey-Harris

27%

10

29

3

Secord

Lewis Brothers

Jan

35

9%

•
•
•

Limited

(John)

of

Lake

Corp

Feb

26

28%

—

9

15

Co Ltd

Power

81

35

29

•

International
International

Labatt

com

Apr

21% May

.10

—

Jan

Apr

15

International

72

760

Feb

•

common

Feb

126

21

16

25

Bronze

9% May
10

14%

•v.

International

Jan

105

15

Feb

29%

100
100

preferred

4%%

preferred

89

22

Montreal

Canadian
New

Apr

27%

—25

Feb

16%

Industrial Acceptance Corp com.
5%

Apr

75

—

.—;—

Jan

31%

33

£1

preferred

6%

76%
80

May

75

*

preferred

Feb

9%
82

Feb

Mar

14'% May

14%

211/2

Imperial Oil Ltd.
Imperial Tobacco of Canada common_5

Mar

7% May

21%

14'A

*
•
50
•

Bridge
Smith

Howard

8

Feb

18%

9% May

7%

a

38

*
100
•

preferred

18% May

Apr

80

'

5%

16

89% Feb

16

*

General Steel Wares common

17%

80

•

Jan

15%

22%

150

3,535

Ltd

Bakeries

25
795

1,380

Banks—

Jan

11%

61

12

•

preferred

General

18

Mar

105

May

•

12%

•
—100

Jan

104

Jan

12

*

Gatineau Power common

40

18

*

24% May

15%

Foundation Co of Canada

104

8%

Wilsils Ltd

42%

25%

Corp

29% Mar

Jan

Apr

32

*

Canada

14%

Apr

8

Too

—

Mar

25

Corp

Apr

27%

--

(Geo) common

4 %%

40

30

•

Players

12%

25

—

56

11%

20
1

216

27%

Gooderham & Worts

Walker

Feb

13%

18

Corp

Cotton

Wabasso

16% May

11%

Eddy Paper class A preferred

Apr

.13

17%

*

70

15%

Dryden Paper

Jan

175

5

8%

common

new

251

12%

Ltd

Donohue Bros

25%

Jan

3,557

—25

-

—

Brothers

Tooke

775

12%

•
100

pfd

4%%

Paper

Apr

23%

'

common

57

30

23%

Dominion Textile common
Donnacona

23

170

104

common

411/2

32

Chemical common—*

preferred

May

•

Chemicals

Standard

171/4

293/4
Red

May

135

18

.»

Dominion Tar &

Feb

164

Jan

Feb

44%

27%

9

Ltd

Stores

34

Apr

116

23%

29

Steel & Coal class B

Apr

162 Vz

Ltd

Co

56

30

100
25
—"

32%

20

145

13

•

Commerce

& Steel

100

172% 172%

Southern Canada Power

14% Feb

33

6%

34

•

12

.25

Mar

164

•

14%

Foundries

Dominion

Feb

16

—-

Feb

15

34

*

May

41%

Dominion Glass common
Dominion

Mar

27

Jan

12

106

9% May

30% May

124 :125%

—

pfd

4%%

Press

Southam

6%

Dominion Dairies common
Dominion

43

Apr

660

lbU

164

a

24%

Glass

Coal

375

765

17

Bridge

Dominion

45

121/4

104

10

__

—

4P/2

57

Distillers Seagrams
Dominion

50

May

Jan

33

125%
23%

-100

Sons common

&

(H)

pfd_

of Can 7%

Williams

Breweries

Weston

common-

Smelting—-

Jan

19

Jan

23

17

30%

~ioo
-100

6%

Feb

12

25%

Consolidated Mining &
Consumers

31% May

11%

4,598

25

241/s

Jan

May

9%

_»

Mills common..

Jan

20%

14

10

14

18% Mar

25

20

14

33

•

17%

-25

Companies

Oil

Jan

May

45

12'A

Canadian Locomotive
Canadian Pacific Railway

23%

May

9

130

47

46i/2

46 %

25
*
*
*

Canadian Cottons 6 %

May

13% Apr
46 % Apr

625
140

20
*

B

Canadian

91/8
143/4

—

A preferred

Canadian Converters
Class

,9
14

100

preferred
preferred—

$1.75

$1.00

9

14%

*
20
*

Foundry common

Canadian Car &

15

19%

14

•

pfd
Water St Power

Snawlnigan

1%

•
•
oO
*
*

Corp

Northern Power

Canada

Canadian

10

Foundries common

Iron

Canada

85

Feb

38

11

^

•

Power Co

Calgary

Jan

Feb

Feb
Sherwin

291/2

Jan

71

19%

Jan

34

Jan

33

Mar

15% May

600

36

Feb

103%

56 %

100

preferred

7%

Apr

85

34% '

36

Feb

85

May

bb

25

20,000

—50

St. Lawrence Paper

Jan

30

65

16%

common

preferred

A

Class

3%

*

28

65

16%

•*

St Lawrence Flour

20%

355

541

65

Lawrence

25

21/2

28

•

Power 4%% pfd
Corporation common.

Saguenay

1,100

21/4

Building Products class A

Jan

6%

Jan

1,075

*

23

2%

Jan

5%

•

Transport

Power
Rolland Paper

3%

2%

19

82%

*

Quebec

23

27

May

16%

Development

Provincial

Feb

191

May

16

80

*

31/4

—

10

5%

3

of Canada
Price Bros & Co Ltd common

271/2

—

•
•

_

Jan

2.00

1.00 May

May

16

80

common

Powell River Co

Feb

*

100
*

British

Class B

Ltd

Pen mans

Placer

Jan

186

Feb

9%

6% May

750

7

6%

6%

192

30

Jan

1.00

class A

& Paper

Trac Light & Power

Brazilian

Feb

93

_2

Telephone

British

Tubes

Page-Hersey

23% Mar
35

Jan

1.00

—

Bathurst Power

May

*•

Warrants

Asbestos Corp

20 %

26%

—

•
100

common

preferred

41/2%

May

52%

199

26%

25

pfd
Canadian Tel Co 4% %

Anglo

Feb

43

x32

28%

271/4

common

Co

22

Jan

29

Jan

*

.100

Power Corp

Aluminium Ltd
Aluminum

17% May
37%

Apr

180

;■ 5%

—

«

preferred

$1.50

15%

St Paper com.

Abitibi Power

27

5

7

Aircraft

L H

Ottawa

Low

206

16

.100

28

186

—

Ottawa Electric Rwys

Range Since January l

High

Car

High

28
186

Products

Steel

Ottawa

for Week

of Prices
Low

Par

Ontario

Sales

Week's
Range

Last

STOCKS—

30.

May

Friday,

Low

High

Low
28

Ogilvie Flour Mills common
1%
preferred

the full week ending

Range Since January 1

Shares

of Prices

£

Par.

Canadian Funds

Sales
for Week

Range

Sale Price

STOCKS—

42% May

Apr
May

14% May

,

j:

38 ,) May

;;

■

8% May
20% Mar

Feb

20
•'

i

'.

12

Jan

21%

Jan

3% May

2% Mar

61

Jan

50

May

3,150

2

May

257

20

Jan

23

May

306

42

May

55

Feb

!

4%

Feb

;
1

•

Volume 165

Number 4599

THE COMMERCIAL &

CANADIAN
RANGE

Friday

Week's

Last

STOCKS—
Par

Great Lakes Paper Co Ltd
New

A

Ltd

class

International

A—

Paints -5%

MacLaren

Power

&

13%

200

13% May

71

390

63%

76

10%

Ltd

Enterprises
Crush

103%

10

13%

5

17

16

*

Ltd

r

s

•

20
_r

,

19

;

*

Co Ltd class

Thrift Stores Ltd

Westeel

Products

Western

Grain

Co

Hotel

B

'

Ltd

Jan

14%

Jan

21

Feb

65% May
12% Jan

74

Mar

17

75

11

*

13% May

125

-

Apr
14y4 Mar

May

50

16
-May
107% Apr

22

Jan

21%

Jan

112%

Jan

5

13

Jan

132

19

May

30

Jan

4

Apr

7

Jan

20

-

6

250

12%
120

.,18

7

209

25

0
„

V

13

5%

16

,

16

18

18

25

1.00

13

13

123

Jan

Jan

43c

16V2Mar

May

7

5% May

May

-i

20
25,

17'%

Feb

9

300
:

13% May

Apr

-

24c

125
.

25

1.00

116

200

9V*y\":

9

:

14% May

12'% May

17,197

__

*

.

200

41c

9%

v

:

■—

Feb

104

15% May

40c

—

•,

.

Ltd

Windsor

31%

Jan

Feb

119

„

Ltd-!

Corp

Feb

125

12%

7

—*

class

May

13%

41c

-

Corporations

28

102%

119

—*

common

Union Gas Co
United

100

B_

14%

110

5%

—

Screw

May

May

14V2

19.

5%

'

Southern Canada Pow 6% pfd
South mont Invest Co Ltd

45

.

14

.

red-pfd—100
.

,

110

—10

Stores

May
12% Jan

May

10%

Jan

17

Mar

21

Feb

23%

Jan

26%

Apr

2y8

1.00 May
13
Apr

12

Toronto

ends

Mining

Jan

14%

Jan

Abttlb! Power &
Paper common
$1.50 preferred
$2.50

Range

for Week

of Prices

Shares

Gas

Agnew

&

15%

15

20

18%

-20

Acadia-Atlantic Sugar
Acme

42

*

Gold

Algoma

.„

pfd
Amalgamated Larder Mines
Ntepheline Ltd

Arno

Aumaque

Gold

Band-Ore
Base

Gold

Metals

Beatrice

Mines

Ltd__

Mining

1

Ltd

9

22

Lake Gold Mines Ltd—1
Yellowknife Mines Ltd
1
Buffadison Gold Mines Ltd—:
1

Jan

Jan

7c

Feb

35c

1,000

35c

May

70c

6,400

19c

May

44c

Jan

%c

16c 22%c

16,500

12c

Feb

500

8c

Jan

9c

c

33c

55,400

.21%

325

20 Va May

7c

1,500

5%cMay

33%

155

3,100
22,600

1.00

1.15

16c

14%c

17c

1

28Va

Ltd

1.15

1.15

1-15

7,000

21c

20c

21c

18 %c

10,500
14,600

15c

1

17 %c

;

Nickel Mines

:

35c

18c

19c

1.50

Apr

23c

30

Feb

211

May

26%

26%

120

98c

53,233

70c

1,000

65c

14c

97c

14c

14c

1,000
12,600
2,107

8.50

7%c

8c

9,750

6%c

13c

Feb

1,000

5%cMay

13%c

Jan

7

460

6% May

9%

Feb

91%

94

25

Jan

97%

Feb

1.05

1.05

150

1.00 May

1.90

Jan

10%c May

17c

15c

18c

55%c

65c

28,900

14%

14%

275

14%

24c

-1

13c-

21%

God's

Lake

Goldbeam
Goldvue

Mines

May

18%
14c

25 %c

Jan

Jan

22 %

May

43%

43%

Beaulieu

Yellowknife
Telephone of Canada

Bevcourt

Gold

Gold

Mines

Ltd

284

26c

4,400

20c

May

1
A

88c

82c

90c

15,000

61c

1

221/aC

May

20c23%c

36,650

,16c

Mar

28c

Feb

21

May

23 Va

Apr

pfd——„———
._1

Feb

55c

7%c

34,300

6c

May

16c

Jan

42c

Brazilian Traction Light & Pwr com__*
Preferred
—100

17,000

31c

May

92c

Feb

Brewis

Red

9%c

Feb

British

American

British

Columbia

1,000

5c

7c

94,250

5c

Jan

Boycon Pershing Gold Mines

Feb

Bralorne Mines Ltd

Jan

Brand & Millen

1.35
90c

Apr
May

1.14

9,300

80c

20c

1,600

20c

25c

28c

12,800

18c

May

27c

May

10%

36c

4,500

8c
—

12c

13c

167

3c

13c

775

3c

500

3c

7%c

8%c

9,400

5c

55c

55c

800

33c

2.00

2.00

2.05

300

4.95

4.95

100

16c

—

20c

2,000

15%

15%

325

86c

88c

2,500

*

"

—

88c

-1

9c

9c

9c

16,000

-1

_

—.

2.45

2.10

2.45

3,700

-1

9c

2.94

—

-1

British Dominion Oil—
Buffadison Gold—

28c

Feb

1

Feb

May

13c

Jan

May

90c

2.05 May
6.00

Jan

May

33 %c

—1

Jan

15%

Jan

May
May

1.28

Feb

22c

1.90 May

3.55

Feb
Feb

Feb

■4,200

2.30 May

4.80

1.03

1.06

1,400

1.20

Feb

2.10
1.65

—

lie

Mining Co Ltd

Quebec Yellowknife Gold
Quemont Mining Corp
.,

—1

Mines^.

9%C

T'

Ankerite

Buflaio

Canadian

Gold

Buffalo

Red Lake

Mines

Bunker

SuJJlVkn

Cons

Burns

&

Co

class

Eyivanite Gold
•WpstVille

t,
>t

Mines

Calder Bousquet Gold
Linen 2nd preferred

Mines

Calgary & Edmonton
Callinan

Flin

Flon

Campbell

1.02
10c

Jan

i

25%

1,530

3%

3%

-.2,150

14%

13%

14%

140

May

16c

Apr

2.05

Jan

Red

Lake

7c

May

500

4.90

1.06

100

1.05 Mar

9%c

4,000

15c

20c

4,500

15

200

55c 64%c

3,500

9c

12c

21c

May
Jan

14% May

*

Feb

5.50

Feb

Feb

Bread

Cement

common

40c

47c

18c

9,700

40c

Jan

8,900

12c

May

500

20c

1.92

2.17

3,201

2.24

2.24'

200

6%C

7c

12 %c 12

Dalhousie
oaape

Home

Oil

Oil

64

Oil Co

Homestead

Co

Ltd

1.23

Gas

Co

Jan

Cons

Canada

Co

Ltd

%c

7,000:

1,500

2.10

Jan

Steamship

For

footnotes

see

page




Feb

27

29%

Jan

100

34,500 " '

15c

1.03

90c

1.05

24,ICO

80c

May

2.90

3.10

4%

Jan

2.95

20c

31%c

_*

1,365

2,650

-

May
2% May

2.50

Feb

3%

Feb

27c

Feb

1.55

Apr '

~

*

Feb

17c

4.75

Feb

20c

8,097

15c

May

35c

Feb

28c31%c

16,500

24c

May

50c

Jan

32%

Feb

29%

30

430

5c

5c

3,000

5c

11

11%

50

11

Apr

12%

13

13

25

12

May

15%

Jan

.'15c

„

11
—

18c

18c

4,000

33c

Feb

15%

15%

28

May
May

* 7%c Feb
Apr

12%cMay

16

281

1.95

2.10

7,250

Jan

2.40

7c

2.10

7%c

6,500

5%cMay

17%c

24c

38c

32c

38c

6,300

3.00

2.64

3.10

34,750

*

•

Canada

Wire

50
&

15% May
1.70

16% May

Jan

Canadian

Canadian

Canners

Feb

Feb

40c

Feb

3.50

Bank

01

Feb

Conv

34 %c

Feb

Canadian

32c

Jan

Class

common

common

Jan

67 %c

Apr

%7TSretoaref6 COmm°n-

53c

May

78c

Jan

Canadian

14c

2.12

1,830

Apr

62

Jan

46

130

38

80

195

197

30

13%

13%

9%

37%

—

13%

50

46

9
May
37% May
Jan

200

Feb

12% May

17

Feb
Feb

12

65

46

135

19

Apr

350

21

May

24%

24%

21

*

25

Jan

40

188

47

—

Jan

49%
23% May
23% Feb

May

21

2,290
-160'"

2fr

Apr

26%

26%

625

20

Mar

21

21

145

20

Apr

26

21

21%'-

22%

267/a May
26
Jan

Apr

29/2

Jan

Jan

•

12

12

12%

405

11% May

15

17%

17%

17%

590

17.

May

19%

Feb
Feo

43'*

Feb

30.

Feb

_25

"

—*

Dredge

20

Jan

fic

Mav

12 %c May

Canadian Food Products common-—--"

S« 5«" ■"

80

40

380

13

May,

12

2™

vL'

730

'

M«

20

18

--

12lt
i

—

...

S!
2.20

52

21

Feb

14 %c

65

Jan

Feb

Jan

56%

20

50c

2.60

Jan

31

22%

-

A

Feb

2.80

Apr

23%

Jan

20

•

5 35

2.24 May

6%

16% May
30

9

9

May

225
170

55

55

20

Jan

1.70 May

5

17
31

22Va

10

preferred
Car

180

17
31

22Va

*

commerce

preferred

Feb

6

Jan

*

class B—

Breweries

Jan

77c

6

—.

2.30

*

Cable

Mar

1.90 May

2.20 May

37c

100

35c

Jan

36c

1,000

40c

May

75c

Jan

3.60

3.60

3.65

900

39c

28c

39o

86,725

17%

18

100

Od

Canadian

Pacific

C

s

•

5"" pTeTe^ed-

100

77c

75c

25

80c

3,062

■

JJJJ

jjo''2

Tpr'

R^ ES
60%'cMay

'

'

87c

lgl/4
—

12%

Railway

25

15^

375

98%

98%

25

58% May

99

11%

12%

6,005

11% May

15%

15

18i/2

Apr

Feb
Jan

May
Feb

Mar

40c

*

42.

16

20c

•

common

25c

40c

;_i

Royalite Oil Company Ltd

13% May

2%

100

Preferred

20 %

37c

»

Oil

Jan

27%

•

Canada

'Canadian

l

ecu

27

16a

100

Feb

___*

Ltd

May
3% May

24
-

2%

20

Canadian Malartic

2.20

Apr

27%

*

common

Preferred
Canada Malting

18c

.

*

32c

20c

m

t

Apr

2%

1

,

6,000

Oil1 Stocks—

Calgary & Edmont Corp Ltd

13c

27%

_1

Canada

.

'!•

25

3%

*

12c

5.00 "

1,000

7c

25%

1

—

Canada Permanent
Mortgage

55c

1

May

*

Northern Power
Canada Packers class A

54c

1
Ltd

Jan

154

1

Caldwell

Feb

8,400

.It

24

Mar

*

Feb

20c

1

Wiltsey-Coghlan Mines
i

B

2.65

3.40

2.17

May

150

•

2.02

17c

1'

20

10

29%
_

1.35 Mar

20c

64 %c

Ltd

2,496
9,700

Products
Hill

1.82 May

3.00

1944 Ltd_.

Mines

Jan

154

•

Burlington Steel

1,400

3.35

1

Jan

3%

23c

1

2,700

17 %c

1

17c

12% Mar

Mar

20c

•

Mines

1.80

47c

t! rU

Stadatona Mines

1

d

Ltd

May

2%

—1

—

2.30

14%

___.l

.

Mines
Gold Mines Ltd

.

>

50c

Santiago Mines
iShawkoy Mines
Sherritt-Gordon

'

18 %c

*

5c

9.85 May

»

1.35 May

1.06

9%c

1,000

■

1

■.

Apr

Lj•

B

Buffalo

1st

J^egcoUrt Gold Mines

f! SlscOe

1
I

Feb

23

*

Columbia Power clasa A

700

11C

5.00

1

Gold

30c

Feb

Jan

5.00
Pitt

Jan

Jan

.

4.00

1.45

■

21%

Feb

Jan

3.50 May

2.28
-1

21

Feb

1.34

154

'

—

*

Feb

500

1.45

.

1,500

Forest

Feb

2.94

—

.

4,290

21 %

Feb

55c

18

32,000

2%

21c

95c

3.50

10c

■

7c
12

2%

*

British

2.55

10c

*

6c

10%

Oil

British Columbia Packers "A"

Canada
—1

7c

2%

Feb

191

14c

75

11%

—1

Feb

3.50

1

54c

Apr

•

Mines

Feb

4%c

3.55 May

77c

Lake

11%

,

1.73 May

13 Fa

*

20

*

;

Calmont Oils

Macassa Mines Ltd

15,600

20

*

class A

40c

9.50 May
10c
May

16c

"

43c

Mar

"

B

1.97 Mar

Apr

10%'

class

—

Class
35c

10%

1

Mines

25

16c 18%c

18c.

21

Feb

4.65

May

20c

-1
Gold

80c

1.00

„1

Lingside

21

26% May
182

May

6c

22c

Co

Apr

180,300

189

34%c

May

2.74 May
73c
May

May
Mar

46

34c

30c

1.10

-1

Jan

28c

25c

6%c

1

41

186

1,000

-1

Co.

19c

91c

23c

T

Bobjo Mines Ltd

Building

Mining

5

Jan

May

32c

14,000

._1

Gold

7%c

Jan

27% May
39 Va Jan

May

50c

Feb

19c

Jan

26c

42c

-.1

Lake

,

May

35

9,200

13 % Mar

26c

188

55c

-1

Kirland

10c
25%

339,100

,

Jan

Mar

1

45c

-1

Hudson-Rand

—

12

16c

Feb

1

Hats'ilass

Biltmore

3.90 May

100

500

'

-_1

'

—

19c

13,600

-_i

Ltd

3,680

62c

42c

*

150

58c

Bidgood Kirklsrid Gold —2-

'

11c

175

,_1

Ltd

Apr

15%c

42c

Gold

Mines

Jan

5.20

18c

*

,

Berwick Gold Mines

6,500

22'/a

80c

1

76c

62c

16c

.

Gold

39c

May

12%

1

7c

Lake

May

28c

12%

*

55c

Found

17c

42,000

60

3.30

1

•

19,500

39c

35%

16c

1

Formaque Gold Mines Ltd

23c

255

A

Jan

4.50

8,000

class

Jan

34c

27

Mining
Exploration & Radium

Bowes
Ltd

20c

914

4.15

38c

14c

2.92

—

Elder Mines

22c

4.50

35

10

±

3.30

_1

Feb

Jan

12c

22Va

Feb0

12%

12c

Bell

...

.

38c

26%

Feb

Jan

May

.26%

Feb

39c

11c

255

10

10

Jan

May

33,600

14c

7,175

60c

19c

17c

10%

15%c

21c

32c

4,700

23%c

17%c

44c

24c

May

21c

May

23c

8c

14c

May

25c

Feb

21,450

13c

1

May
May

17c

1

33c
11c

May

Consolidated Mines
Montreal

Bankfield

15c

100

6c

*

18c

14c

Jan
Jan

A

Bear

14c

1.03
15%

12c

1

Jan

May
Mar

13c

1

30c

41c

34,500

■

Jan

13

8'/2c

1

class

91

15,600

62c

'

1

Aumaque Gold Mines
Aunor Gold

Feb

Jan

9c

7c

•

Mar

1.51

9.25

9c

8%c

1

19c

Jan

May

6%

1

Atlas Steel

10c

6%c

—

1

Mines

Jan

Apr

9c

10

Quebec

Feb

1.90

6%

*

Athona

27%
77c

Apr

1.40

8.65

Astoria

Beatty Bros

Jan

May

1.32

1.05

1,000

37c

26

74%cMay

8.50

Mining

Feb

Jan

Mar

70c

1

32c

21

1.35

Arjon Gold Mines

Jan

188

81c

100

Feb

Jan

May

Feb

1.50

20

95c

,

81,949

17 %c 17 %c
35c

51c

12c

Feb

105

70c

1

Armistice Gold
Ashdown Hardware class A

of

May

8.65

common

Warrants

Bank

95c

Feb

8c

35

28 %

26%

—*

23%

Jan

*

Bank of Nova Scotia
Base Metals

Feb

32

Feb

195% 198 Va

—

198'/a

1

—

21%

Jan

33

1

Apex Consolidated Resources
Area Mines

Feb

10c

28 %c May
1.00 May

1

Ltd—

22 %c May

May

*

Canadian Oil

Fabric

43

•

Anglo-Huronian

Auto

Feb

37%

6%c

Jan

25c

28%

Consol Central Cadillac Gold Mines___l
Cortez Explorations Ltd
;
1
Cournor Mining Co Ltd

Mines

3%c

1

Mines

Century Mining Corp Ltd
Cheskirk Mines

Dome

1,500

1.49

20c

9c

.

Denison

1.05 May

22

125

20%

-«

Bagamac Mines

Red

Gold

4c

500

35c
25c

Beaulieu

Centremaque

1.05

3%C

1

Ltd

Mines

1.05

645

7c

1.10

1

High

14% May
17% May

33

100

American Yellowknife

Ashley Gold

340

21

"

common

American

Corp
Preferred

42%

1

common

Ltd

Argus

42

1

Aluminum of Canada 4%

Anglo

18%

Low

15%
18%

*

Mines

Steel

Aluminium

Range Since January

High

*

common

Oil

Surpass

Akaitcho Yellow Knife
Alger

Low

*

preferred——

The

compilation.

Sales

Sale Price
Par

Aubelle Mines Ltd

Stocks

Yellowknife Gold Mines Ltd.l
Mines Ltd

Thursday, May 29.

Week's

__

Akaitcho

on

May 30, will be included in next week's

STOCKS—

-

2,5

*

15%
J.6%

16

pfd

Industries

Stowell

12%

15%

—

/

.

for

Last

27% May

205

15

transactions

prices for Friday,

Mar

925

67

15

12%

—

.

•

Mills Co Ltd

Service

RusseU

*

„

17

66%
'

__

11

5J

,

week's

105

Jan

-

35

~

13%

Note—This

10% Mar

Jan

.

.

150

103 103%

-

—*

Ltd

Quebec, Pplp & Paper ,7%
Rands

50

28

13%

Apr
Jan

11% May

k

Feb

Thursday

10

40

'

34

Jan

25„

1,450

11%

28

„

Jan

-90

50

43V2

11%

__

:_100

Paper Co—.

Pauls Service Stores
Power Corp of Can 6%' 1st

Purity Flour

11%

.

42Va

i

Corporation Ltd__
Moivnt Royal Hotel Co Ltd

Orange

'

20

Moore

Nuclear

53

11%

43%

common..*

185

105

:

-

,

100

27'%

101

■

•

:

Massey-Harris Co Ltd 6%% pfd
McOoll-Frontenac Oil 4$ pfd
Melchers Distilleries Ltd pfd__
Ontario

"

;

Co

10%

27%

__

Exchange

Canadian Funds

13% May

70%

pfd—_ .1—20

Paper

Maple Leaf Milling Co

Minnesota &

Toronto Stock

13%

Paperi——105

Lowney Co Ltd (Walter

30

High

24

*

John Power &

St

Low

400

__

Bake

'

26%

*

__

MAY

Range Since January 1

__

preferred

Horner

Shares

High

13%

common

MARKETS

WEEK ENDING

25%

__

18

39

for Week

of Prices

low

•

LISTED

(2959)'

Sales

Range

Sale Price

FOR

FINANCIAL CHRONICLE

2.94

20c

Jan

May14% Jan

3.65 May
33 c

19%

May
Feb

Castle*Trethewey"

lS^0ld
Centremaque Gold

"
——"1

1

21c

1.20

«

19c

23c

3oS

L20

-

Min-—1

■

L10 May

5:SSS

ifS

7,000

15c

Apr

^AS Mar"
■

25c

May

;

40

THE COMMERCIAL &

(2960)

RANGE

MARKETS

LISTED

CANADIAN

Monday, June 2, 1947,

FINANCIAL CHRONICLE

ENDING THURSDAY MAY 2!)

FOR WEEK

Week's

Thursday

Thursday

Range

Par

Trust

Chartered

Chemical

Research

ouedJcirfc

IIIi

Mines

i——

Smelting

Malartic

May.
May

14%c

Feb

20c

s

2.10 May

120

Feb

6-

Feb

Hasaga Mines

8%

Apr-

Headway Red Lake

12%

10

11%

15

Feb

Htdley

33c

40c

3,800

30C

May

51c

Feb

Heva

May

35c

Jan

Paper

May

40e

Jan

Mines

Crestaurum

500

37c

100

1.40 May

1.99

Feb

Hoilinger

1.30

1.29

1.30

700

1.10 May

1.56

Jan

Home

19

Feb

Homer

82c

82c

-

37c

Jan

835

12%

200

36c

1.07

50

27

27
24C

36c

40c

90c

90c
40

28c

May

8,175

95c

Feb

9%c May

14c

4,500

14c 17 %c

27,500

29%

29%

65

29

11%

•
—*

29%

11%

11%

1.80

1.80

1.94

7,100

1

13c

12 %c

13c

8c

25

1

Jan
Mar

Jan

1.60 May

Feb.

1.49

23 % Mar

Jan

45

Mar

Feb

1.43

2% Mar

International

31
14

—

Discovery Yellowknife

1

60c

53c

62c

39,650

45c

Distillers

2
*

14 %

14%

14%

82c

75 %c

82c

-

May

1.70

Jan

Feb

98c

Feb

1.40

Jan

83,625

25c
8c

May

5,500

8c

Jan

10%

10%

1,355

9.50 May

3.25

3.60

7,015

2.70

9c

9c

1,500

37c

44c;

37c
43
5c
10%

35c

37c

Kenville

Apr

29%

Jan

22

3,025

26%

26%

325

25

25

161/2

16

16%

28

30

30

260

16%

Feb

470

27

May

33%

Jan

110

.

.

8

7%

May

-14

7

Apr

9%

B

25

May

64c

Feb

29c

May

47c

Feb

45%

Feb

Jan

40

43

500

7c

6,000

May

13c

Jan

35

10

May

12%

Jan
Jan

4c

26%

26%

430

25

Apr

30

143/a

143/4

6,014

12%

Jan

15% May

15

15%

185

13%

Jan

15% Mar

15%

15%

15% May

14

Jan

7%c

May

24c

May

10%

Apr

11

Feb

85c

Feb

38%

Feb

220

10c

19,000

9%

150
5

9 %C

9%c

9

9

9

70c

70c

36

36

33%

34%

35|

Apr

Jan

37%'

32% May

Jan

12% May

3,600

16%

Feb

42c

6^529

46c

45c

45c

Apr
May

2,875

14%

f23/4

9
53c

50

9
62c

14%

9

1,300

9

90c

Jan

May

8c

8c

8c

5,000

7%c May

15c

Jan

23c

23c

26c

22,500

20c

Apr

55c

Feb

6c

6c

1,500

6c

May

9c

Feb

49c

57c

24.055

33c

May

95c

Jan

52c

10c

11,000

7%c May

24c

23c

27c

15,400

21c

May

55c

Jan

50c

50c

50c

1,700

50c

May

50c

May

25c

27c

1,500

25c

May

42c

Feb

13%

14%

8,105

12%

14c 16 %c

8c

Ltd.

Co

22

46,950

14c

60c

60c

3,600

buc

iviay

1
1

1.90

2.04

84,125

14c

14c

24

23%

24

1

4.70

4.45

4.90

6,125

1

Lake

Townsite,

Kirkland

23c

20c

24c

26,100

17c
35c

15c

(John)

22

25

27%

Feb

Labrador

42%

165

41% May*'

45

Jan

605

123/4 May

18

Feb

27

Jan

Lake

Fortune

30% May

Lake

Exploration

&

Laguerre

Rowan

Mining

Gold Mines-—;
Dufault Mines Ltd

—

46c

May

60c

1.99

Jan

2.05 May

Apr

10c

19c

Feb

26% Mar

23 3/s May

100

Jan

1.05

Jan

1.33

1,000
-

Jan

14% May

Feb

1

1

Golden Gate

Kirkland

14%

1

Kirkland-Hudson

Labatt'

___;

33c
'*

6,700

15%

Feb

May-.

3.60 May

14c "Jan

27c

Gold Mines

22
50

Feb

Jan

143/4

1

Gold

41%

Malting

Feb

11%

-

Jan

16c

May

7c

15,800

Feb

21%

Feb

'

18c
-

10%

5c

10%

.1

Kerr-Acidison

22

22

._1

42%

.1

Mining

Hill

Keno

Jan

Jan

26%

97C

May

9;500

12c

Gold

Kelwren

Jan

May

*

pfd

15c

May

______

Quebec Mines.

1.34

May

75c

1,640

10

Inv

May

13c

1

Mines

19%

14

4,900.'

18

~

Dom-Scottish

7c

•

Kirkland

Dominion

••

Petroleum.

Kayrand Mining

& Steel

-

Feb

1.49

96c

37c

Powders pfd—25

May

May

Dominion Foundry

'

.1

35c

May

preferred

Mar

6,400

34c

*
6.
-1

—

Feb

May

87c

Coal

1,000

Apr

,

21%C'Feb

May

Mar

2.45

24,650

50c

30c

Dominion

7c

7c

Jan

12
18c

85c May

9%c

.1

Joliet

2,800

Bank

-'9% Febx
65c

1.10

41c

*

Mar

Jellicoe

24,900

Dome

12,000

15,400

7c

9c

*
1

& Smelting—

Bronze

International

Feb

35

Dominion

12c

1.12'

3.55

*

Feb

17%c

Feb

1.12

common

•

;

1.05

34%

85c

34

Mining
Mines Ltd

•

"

9%cMay
■<'

10%

Jan

28c

26c

1.02

Seagrams

2,100

11 %c

1
1

—-—a—1,

Mines

Bay Mining

Ingersoll Machine Co
Inglis & Co
Inspiration Mining

Jan

1.11

Diversified

•v

9% May

Jan

1.50

9c

1

1

Red Lake

: 1

May

12c

Imperial Bank L:
—^
10
Imperial Oil
*
Imperial Tobacco of Canada ordinary_5
Imperial Varnish common*
Indian
Lake Gold
1

36c

46c

Lake Mines

Jan

16,900

50c

Dickenson

May

35c

200

14c

May15.50-Feb :

4.25
*l 6 1

*

•

11,910

13c

Jacknife Gold

1

Lake

175

55c

34,700

—

Hugh Malartic
Hunts Ltd class A

May

41c

IOV2C

Hudson

Mar

1.10

16 %c

Howey Gold

Feb

Jan

39% May

—

.—

Gold Mines

Apr

Jan

38c

10 %c

Dexter Red

Yellowknife

89%

30%

1.05

1

.

-

10%

1.00

36 %c

1

—

Consolidated Gold Mines—5
______*

Oil

13

38c

Apr

38c

*

Mines

■

300

50

48c

,

10 %c

—

—•«

Feb

May

24c

1.10

Davies Petroleums

Delnite Mines

7;'I 4%,p;,Feb.

Feb

1.00
61c

69c

80

39%

D'Argon Mines

Red

21

28c

3,200

397/b

100
1
*

Jan

26%

3,350

90c

May

16%

500

40c

—l

;

Apr

8'lc
-

80

24c

1

B

12% May

4,700

18

24c

May

,78% May

-

152

18

*
1

Davis Leather class A

30c

•

3,000

80

12 %

80

1.00

Aircraft

Nickel

Jan

65c

2,275

84c

1.04

Gold

Patricia

17%

75

19-

78 V2

36c

*

Coal

Crowshore

30.600

60

.

Mines

."roinor Pershing

Crow's Nest

11c
40c

1.50

155

;

—

lid
1.12

1-10

Gold Mines—"

40c

*

Mining

-

14c

Mascot

1.50

9%c

5

154

Mills

Imperial

-

May.

Apr

-

8c

155

Box common^

6% '

10%

„

-l

Highridge Mining
Highwood Sarcee.

40c

_100

Exploration

Conwest

20'" Mar
lOc^ Jan "

f

May

" 2c

.

Feb

•

A

5c

-

500

—

15%

1

Gas

Corrugated

Detta

3.45

,4.50 :

45c

.

_i

14% May-

,

Hosco

class

19% May

2,000
''

6%

48c

.

_ir:

Harricana Gold Mines

40

Consolidated Central Cadillac Mines—1
Consolidated Mining & Smelting
5
Press

•

3c

4.50

-1

Harker Gold Mines

—

Mines——

10

5c '

3c ','

4.50

.

V

Feb

May

19

Bakeries

19%

5c

•' 1_

_1

Mines—

14%'

*

Beattie

Consumers

Gold

Hard

8

Mines

Consolidated

•'

■

—

.

_1.

Harding Carpet

5c

13c

Rock

Jan

Apr

Ml/a

10c

Consolidated

1

i—

8

40c

—I_I

Range Since January I
!•""! Low- ■■/*'.'£ eUsHlph

„

'

61c

Jan

7,300

-

High

Low

.

75c

1,600

8

Sales

for Week
Shares

Range

__.

Mines—

Hallnor

12 V2

Mines

Dentson

2.90"

2.55

2.85

• ■ ■

of Prices

*

.

1

141/2

Yellowknife

Class

Jan.

4.30

2.20

207,700

20c"

•

'f19%

preferred

Gold

«

_i

Consolidated

Brass

Halliwell

'

.

Coniaurum

Cub

34c

300

20c

Plow

Colomac

Cosmos

Jan •

*

Commonwealth Petroleum

Cournor

1.25

■

common

Coin Lake

Coniagas

Hahn

HalcrowSwayze—_

Jan

46,200

42c

.

.

*

-

A

Cockshutt

33c

14c

-2.60 May

8c 10 %c

10c

1

Gold—.

.

Cochrane-Dunlop
Class

May

9,200

-

——

Willans

Cochenour

Jan

20,017

1.15

20c

Coastal Oils

11%
79 %c

43,700

36 %c

1.15

—IIIIIIl

May..

Jan

May

59c

3.20

150

May

8

Hamilton Bridge

42c

Chromium Mining &
Citalam

'

.

Par

30c

100

3.75

55c

18c

3.70

Gold Mines

Chimo

v

-

15c 18 %c

58c

X *

1

Chestervllle Mines

150

25

8%

STOCKS—

.

High

Low

150

8% '

8%

Range Since January 1.

Shares f

High

Low

,

150

»

_i_i.

'

r

..ioo

1____,

—_>

Wines

Ciiateau-Gai

,

Last .
Sale Price

i.

for Week

>

of Prices

Sale Price

STOCKS—

Sales

Week's

Last

Feb

6.20

3.40 May

May

61c

Feb

May

Ljc

Steel

Dominion

Coal

Stores

&

cl

14

13

14

-

*

•

t

V

Gold

Amphi
Crest

East

Malartic

99c

77c

1.02

160,200

64c

May

18c

19c

20,700

17c

May

1.02

90c

1.05

30,200

68c

May

15c

14c

17c

28,000

12c

May

Jan

46c

43c

8c

6%c

47c *

8c

'

1.95

3.20

.22,500

9

9

20

20

45c

24c

Jan

Nickel

common

Plocc

Fleet

of

Francoeur

Leitch

15

8% May

11%
21

Jan

Feb

1.36

May

70,350

28c

May

90c

Jan

138,200

20c

Apr

51c

May

18

253/,

,T„n

4%

133

4% May

7%

2,880

2.Uif iviu/

2:io

ren

18

MflV

4.30

4.35

400

17%

17%

615

17%

51

52

295

49 % May

5

5

500

4% May

25

12%

12%

12%

175

2%

2%

2%

2,700

21%

21%

22

470

15c

3,000

2.50

2.65

2,325

19

18%

19%

70

4.10 May

Apr

Yellowknife

Gold

Lake-Porcupine

Glenora

9%

Jan

5

95

16

155

105% 105%

22

23

May

Mar

Feb

38c

Feb

2.05 May

3.25

Jan

16%

19% May

12c

May

Apr

3 % May

18

May

15% May
105

Jan

111% May
111% May

5%
20

18%
107

Jan

Apr
Feb
Jan

7.15 Mar

6.35

6.05

6.35

2,465

5.40 May

12c

14c

6,200

11% May

20c

Jan

Jan

9c

Feb

God's

Lake

Gold

Golden

Jan

1.98 Mar

19c

1,500

16c

Apr

22c

6,500

12c

May

27c

Jan

1.14

Jan

1

7c

7c

8c

13,000

7c

May

23c

24c

23c

24c

9,700

20c

May

50c

Jan

3,30

? *9

2.39

2.45

7,400

33c

30c

35c

15,600

25c

Apr

iuc

9c

10c

6,500

7c

May

]

Mines

24c

1

28c

8,000

17c

4%c

May

Goodfish Mining

i

6c

7c

2,500

Goodyear

•

100

99

100

110

99

May

50

54%

54%

54%

50

53

Apr

11%

115

Tire

common

Preferred

Mackay

Grandoro
Great

A

A
;

Mines

Lakes

Class

class

Paper

11%

"

Madsen

Lake

Red

Felt

Co




18c

16c

Gold

Marcus

Massey-Harris

3.70

3.50

3.70

2.50

2.85

Oil

Jan

common

McLellan

Gold—

1.75

11,300

3.15

3.40

7,800

11% May

Gold

Mercury Mills
Mid-Continent

32c

600

1.85

7,825

10 %c

Tool

•

Works

43c
lie

Feb

Montreal Locomotive

Jan

Moore Corp common

1

preferred

Drug

&

Chemical

34%

Feb

National Hosiery class

^fd—

National Grocers common

Apr

30

3,000

14

325

640

120

May

23%

10 %c

11%C

1,500

60

61

640

66c

60c

66c

11,350

3c

3c

2,000

35c

44c

14c

15c

22,600
1,500

17

17

100

7c

9c

37,500

42%

8%c
■

i.

1

Feb

1.15

Jan

National

Sewer

May

57c

Jan

National

Steel

May

16%

Jan

Negus

Mines

Pipe
Car

19%

!

1,365
40

1934

19%

10

16%

83/4
17%

690

47c

51c

3,600

17

70

68

170

8%

17

*
67%

18c

Apr

213/4c
_

Feb
Feb

32

Jan

•28% May

6%c Jan

11 %c May

54

Jan

47 %c May
2c

May

30c

May

11 %c May
17

May

5%c

Apr

2%

Jan

61

May

94c

*■

Feb

4 3/4 c1'Feb
I
,'irT-H

62b:JFeb
20c

Feb

' "' Apr
llc'l Feb

19

'

66 %

3%^ Jan

7.90 May
13

Jan

193/4 May

153/4

Jan

9

Feb

15% May

18

Jan

72c

Feb

7%

May

16% May
65

May

263/4 May

26 3/4

27

1,015

21c

* 23c

12,600

13%

25

13

Jan

17

17%

15c

May

22%

37c

Jan

Jan

19% Mar..

100

17

May

10

5

10

May

13

10

25

Apr

12

Feb

35

32

*

23%
2.20

May

14

10

1.99

/

32
23%.
2.20

ioo

8%
29

200

223/4 May

14,250

1.82 May

Feb

74% Mar
27

10

10

Feb

21% May

46c

13%

27
23c

5

1

85

17
47c

*

—

600

8.25

13%

2%

*

class A—.—:

234

8.00

13.%

*

34c

28%

May

■

8.25

9 % May

10% May

14 %c May

60

——-*

A

B

13

9% May

8%c May

460

r

26

Feb

78%

40c

500

16%

14%

11% May
50c

Mar

90

Jan

;

30,600

11 %c

1

Mines

Jan

9%,

66

82

28

*
25

Jtn

13%-

Feb

25%

Feb

24

38c

13%

Jan

Feb

25%

100
1

Porcupine

63

6% May

Jan

52c

1

Jan

3c

80C

16

*

Monarch Knitting common

National

Feb

3.95

5 %c

11%

60

Feb

2.45

28

—*

Containers common
A

Modern

Feb

25

May

R5

2.25

1.50 May

82

16%

—*
*
*

Corp

Jan

13c

6,500

30c

67c

79c

*

Oil—!

Brick

500

Apr

3c

3c

,

Jan

II3/4

a

39c

2.80 May

1.70

Jan

4.20 Mar

3.05 May

i:85

1
*

Gold

Lake

Red

McWatters

4%

2«c

? •

15%c May

1.60

Feb
Jan

39c

May

32c

1
-1

74c

55%. Jan

3 60

May

3.35

*
5

Mines

18 %c

113

Jah.

1.75

—-20
—*

Lake

Red

Class

Jah

31%

10%c 10 %c

—

Porcupine

McKenzie

Modern

2.40

-33%

2.35 M«v

8,800

Feb

May
May

1.30 May

—*
-—

Frontenac

Mining

1.32 Mar

'

29 % May

16c

13,545

20C

17c

18c

-

lac

3,950

2.85

Mines

common

McDougall-Segur

Milton

Jan

34c

..;-

1.80 Mav

8,500
"»

*

11%

Preferred

Mclntyre

Jan

_—

Martin-McNeely

McColl

May
6$b' May

28

2,500

17c

.1

580

20

"

9,300

19c

18c

2.20

2.10

82

Leaf Milling

1,055

9%

1
:

90

Maple Leaf Gardens
Maple

-

1.45

515

—*

72

9%

•*

8,200

29

1

26%

9

*

Preferred
Gunnar Gold

Gypsum, Lime & Alabastine

1.95

1

Gold—

26

*

common

12c

3.200

87,500

30%

1

Gold Mines

& Eastern

Manitoba

Class

Great West

3,640
1

1.72

—1

Gold Mines..

70 %

•

*

..

88c

29%

__l

10 %c 10 %c

«

,

common

preferred

15c

75c

-V

Magnet Consolidated
Malartic Gold Fields

Mylamaque
Gordon

14c

Feb

1.40

Apr

1.18

J^n

21%

18% May

240

17c

Red Lake

Moneta
Goldvue

1.24

1.28

Jan

2.25 May

•

Mines

Porcupine

Mines

183/4

2.15

Feb

15c

98c

_l

Manitou

Goldhawk

57c

13C

14 %c

1

Mines

Golden Arrow Mines

Goldora

95,700

J%C

1.08

Gold

Eagle

2,000

4c

14 %c

Gold

Goldale Mines...
Goldcrest

4%c

17c

Feb

Jan

Apr

4%c

May

Jan

May

Feb

450

Gold

4c

c

„1

67

2

19%

1093/4

4

1

6,000

%

-1

Mines

MacLeod-Cockshutt

13%

109 %

18

Gold.

6

28%

Yellowknife Gold

Macassa

Feb

14c

Mines

Lynx

McMarmac

Gillies

Jan

5%c

-II

Mines--—;

19%

Jan

5

15%

Jan

50c

30

Goldfields

Gold

Macfie

11%

50

18

*

13c

1.95

Class B

Feb

10

110% 110%
3%

_100

_____:

Apr
May

28%

Ltd—
_•

5.50

Feb

7

111% 111%

110%

•

General Steel Wares common
Preferred

2.65

*

General Products Mfg class A

Giant

8%

100
100

.

Bakeries

General

8%

•

common

preferred—
preferred

5%%

8%

•

Exploration
Power

7c
22c

85c

Jan

2.20

14c

2,600

15,400

—

Groceterias class A—

Louvicourt

Apr

8c

-<

—

Long Lac Gold Mines

Lunward

22

34c

Jan

19% May

Loblaw

Apr

•

1.26

Gold Mines, Ltd

Lexindin

Little

50

•

15c

Feb

Gold

Jan

193/4

1,115

Feb

30c

Candy

Lingman Lake Gold Mines

90

20 %

Feb

7.20 May

5.70

18%

10c

2.10

15c

6.75

;

1.25

May

83c

5%c

Mines

"U"

Jan

5

•

11,700

7.20

7%c

Feb

17 %

•

A

Gold

Frobisher

Gatlneau

5%

class

Canada

93c

88c

16

32c

2.45

4.30

& "Aircraft———I————I*

Mfg

Ford

Jan

Lapa Cadillac GoldLapaska Mines _

4.75

*

u.

Jan

33c

Lang & Sons

1.50 May

S

common

A

15c

Mar

13% May

20%

Secord

.

Fittings Ltd

Apr

20c

2,530

7.20

2.70 May

.

52

Federal

4c

1,000

16

Gold

Lamaque

MacDonald Mines

1
•

4,500

20c

93 c

Laura

4%

•
•

6%c

20c

15%

Mining.

Jan

68c

18

5 %c

.—III

57c

18

"

6 %c

r—

100

;>

4,800

Mines..

Shore
Wasa

55c

Jan

2.15

1

Players
Fanny Farmer Candy Shops
Grain

Jan

47c

45c

Famous

I

Jan

May

1.58

51c

38c

49 c

*

.__

Falconbridge

1.62

20c

46,480

89c

78c

88c

*

A

'___

Corp

5c

11,175

3.25

l

-.

class
:

Feb

15

'

Mines

Electric
B_1

26 %c Mar

25,000

1.73
2.94

1

Mines

98,400

1.93

__l

Gold

-

:

•
1'

-S

Lake

40c

15%

Gold

55c

May

Larder

20

___IC;
\

A

Mines

El Sol Gold

May

18%

1

y

-I-

class

11

545

11% '

11

•
:

Mines

Steel

11%

1

:

Mines

Mo.

•

26% May
30

Jan

♦

Mines

Eddy Paper

Eureka

24% May
25%

1
1

Oil

Sullivan

Class

100
220

*

Ltd

Mines

East

English

25

29%

1

Mines

East

Eldona

Jan

25

•

Woollens.

Duvay Gold

Elder

May

Lake

Duquesne Mining Co

Eastern

-

100

..

29

Donalda Mines
Dulama

<

29%

20
26

235-

21

29

c

Dominion

East

20

29%

23.50

Preferred
,

20

•

Laxe

1
♦

Dominion

Jan

%

26%

Apr
May

Feb

2.55 Mar

'[Volume 165

THE COMMERCIAL &

Number 4599

\

>

CANADIAN
RANGE

Last

Range
of Prices

Shares

Week's

Thursday

New

Bidlamaque

1

Calumet

1

New

Marlon

Newnorth
Nib

Mines
Gold

85c

Mines

45

Mines

1

1

Normetal

12'Ac

Jan

Slscoe Gold Mines

May

1.45

Jan

Sladen Malartic

Springer Sturgeon
Stadacona Mines
(1944)

8,350

30c

May

65c

Feb

6c

1,500

5c

May

9'Ac

Jan

3,500

6c

May

17c

Jan

^

5'Ac May

13c

Jan

0000

46

43c

2,263

43

83c

Jan

Preferred
Standard Radio

Jan

24c

Apr

Starratt

6'Ac

^60

3'Ac May

9c

Jan

Stedman Bros
Steel Co of Canada

6'Ac

--

1

25'Ac

23c

26c

14,500

Norseman Mines

1

9c

8c

1.32 May

10c

*

76'/2c

76'Ac

79c

North

1

36c

32c

36c

,—1

5'Ac

5c

5%c

lyc

May

44c

Feb

May

16c

Feb

4,500

4

700

Norzone

Rouyn

O'Brien

(1940)

—*

Gold

Mines.

Oils

4

1

27c

27c

31c

15,300

2.25

2.00

2.31

35,600

*

70c

65c

72c

19,250

•

——

O'Leary Malartic
Omega Gold Mines

56c

May

79c

Jan

48c

Apr

10c

Jan

6

Feb

5c
4

May

25c

May

76c

Feb

Taku

2.67

Feb

Tamblyn

Apr

80c

97c

27,500

40c

Jan

15c
■

14c

15c

2,500

14c

May

21c

7c

7c

7Vic

6,600

6c

Apr

19c

97c

Omnitrans Exploration

1

15c

*

16

Crush

Orenada

Gold

Mines

1

River

Texas

7c

He

15c

50,900

15'A

16'A

380

10'Ac

15c

11,800

7c

May

13

1

15c

9'Ac May

Toburn

.

Feb

18'Ac

Orlac Red Lake Mines
Lake

Osulake

1

34c

37c

6,600

1-71

1.56

1.82

309,650

1

48c

46c

50c

9,000

-

Pacalta Oils
Pacific

34c

1

Mines

Mines

*

(Eastern)

Gold

6c

—

18c

—1

1

93c

29%

29'A

—•

1.45

1.35

Gold

Gold

V

t

Manitou

Mines

Gold Mines

ll%c

10c

12c

112,200

1.05

1.05

1.07

4,300

1

10c

10c

10c

1,000

May

8c

7c

class

A

preferred

2,910

2.30 May

3.30
4.25

25c

Mar

38c

Jan

1

31c

30c

32c

36

35

36

1

1.00

90c

1.07

8,60o

75c

May

1.67

1.00

98c

1.01

900

71c

Jan

1.60

Class

Feb

1

Feo

10,500

315

27c

May

33'A

42c

Jan

Grocers

Feb

Weston

Preferred

—

10'A

60c

60c

700

10'A

10'A

325

1.50

1.67

3,900

,-s-

1

9c

9c

9c

40

54

54

,

1.60

1

.

76c
--

15%

1
class

A

48c

*

(1936)—
class

11,400
2,890

40c

48c

93,000

Jan

May

1.20

Jan

Yellorex

May
13'A May

1.10

Jan

Ymir

21'A

—

&

30c

May

15

8%

Apr

10

7c

Jan

15c

29c

31c

4,700

25c

May

47c

Feb

34

34'A

55

33

Feb

38

.40

40

20

40,

Jan

43'A

ll'Ar'll%,

300

6'Ac,

11

700

4c

43c

37c

43c

63c

60c

70c

27,700

49,450

4c

28c

Mar

May

14
12c

May

1158c

48c

Apr

22%

Apr

25

17'A

16'A

17'A

275

14'A

Jan

20

Feb

Roybar Chib Mines Ltd

1

37c

6,000

34c

Rush Lake Gold Mines

25c

25c

26c

12,200

25c

May

•

12%

12'A

12%

250

1.03

May

1

Russell

36c

1

36c

37c

May

71c

Feb

ll'A

Apr

13'A May

class

A

___

common

Ltd

9'A

Jan

15

Gold

Apr

135

May

'

M

Gold

'LI 11
>

13c

Feb

27c

16'A

16'A

10

13'A

13'A

25

__

43c
__

25c

__

1.13
3.30

Dairies

class

A

9.25
28c

«

preferred__100

I

—

•
__

•

25,820
330

25c

3,700

20c

ll'A

ll'A

100

1.13

1.15

900

31c
23

May
Apr

64c

Jan

25'A
43c

Jan

13%

15'Ac May

Jan

May

1.00

Jan

May

1.65

Jan

3.30

55,290

2.06

Jan

5.35

Feb

13%

225

12%

Apr

14'A

Feb

13

13

9.00

9.25

362

25c

29c

21,500

ll'A

20

11'/$

1,219

12

May

13'A

Feb

8.75 May

10'A

Feb

25c

53c

Feb

May

ll'A May

100

100

5

100

25

25

75

24

20

104'A
'I

5%

Apr

6%c

Jan

42%

Apr

49'A

Feo

8%

Feb

12'Ac May

8'A

1,395

7% May

2.38

II,550

2.00 May

2.65 Jan

8.50

9.10

7.35 May

12

17c

17c

17c

4.30

21%

22»/a

4.45

1,212
1,000

15c

10

May

2,827

Feb

Feb

22c

21% May

Mar

4.95

4.20 May

Jan
Jan

22'A

2,575

26c

26c

30c

15,000

25

25

25'A

105

23'A May

35

27'A

35'A

155

35

36

37

38'A

235

36'A May

27'A

745

38'A

27%
105'A

105'A 105'A
11'Ac
13'Ac

14%

10

13c

18,000

13c

15c

14'A

22c

23

Jan

5 or

May

27

iviar

Apr
J

33%

May

31

Feb

Apr

104'A

103

Jan

18c

Jan

6.500

29c

Jan

8,500

10c

21c

Apr

14%

690

13'A

2,000
20

May

7'c
125

Jan

17% Mar

May

17c

May

Feb

130

Mar

3.05

2.95

3.10

20c

20c

23c

1,600

19c

May

28c

15%c

Mar

15c

16c

52,300

10c

Jan

19c

Mar

5,175

2.70 May

3.40

Jan

12'A

Jan

i.

STOCKS—

104

.-''

21

360

105
•

■

115

'

100

32%

Jan

19% May

29

Jan

104

May

on

Thursday, May 29.

in next week's

Week's

The

compilation.

;re¬

*

Sales

Andian National
Asbestos

Brit

Co

of Prices

"

*

53

1

3%

100

Gold—T

Shares

69

•

22'A

common—

4

11

1

High,

May

1 *

20

26

May

31

Feb

85

43

May

64

Feb

3%

450

3

May

5%

Feb

67'A May
20'A Jan

88'A

Feb

.

70

240

22

30

22'A

—

Sugar

53

21

21'A

—

5

26'A

52

Low

11

3'A

Range Since January

High

11

26'A

•

common

common

for Week

Low

*

Corp
Pulp & Paper

Col

Brown

Range

Sale Price

23%

55

20'A
21

Mar

23% May
■

Canada

&

Dominion

Canadian

Industries

Canadian

1

Marconi

Canadian

Vickers

•

common

Preferred

100

Canadian Western

Lumber

2

Consolidated Paper
Dalhousie

•

Oil

Steel

*

Foothills

Hayes

Oil

*

common—

Dominion Bridge
Donnacona
Paper

33'A
r

*

500

34

140'A 140'A

__

2%

__

16

15%

39c

39c

2%

150
10
400 '

23% Mav

Jan

25'A

2%

40c

1,300

32c

3'A

10
10

14%

Jan

Pend Oreille

15

220

2.50

2,50

500

24

24

200

44%

42'A

44%

3,240

16'A

16

16'A

455

15% May

5c

5c

5 00

4'Ac

1

Bros

'

Scuthmount Investment
Petroleum

Mining

ordinary

52c.

—

2.35

*
1

,

__

1,220

52%

100

40c

*

2.40

52%

__

*

41c

4,655

52

52

60

8'Ac

8'Ac

1,000

Feb

4

May
Feb

14% May
1.90

Feb

37

.

Apr

•

common

19%

3'A May
31

Jah

3%. F°b

14% May

33'A

Apr

152

Apr

Feb
Jan

36'A

130'A Mar

24

*
•

Paper

3

Jan

3,865

3'A

14%

26

Jan

May

16

32'A

__

1.75

•

Gas

Selections

Supertest

10

2

5c

&

Minnesota & Ontario
Paper

Temiskaming

23

33'A

—

*

,

Steel

International
Oil

23
1.75

—

•

May

106'A Mpr

'

Thursday

Par

Price

May
'A May

Exchange-Curb Section

19%

Feb

2.75

Fob

30

Feb

Jan

22% May
41

55 Yt

May

21

Jan
Feb

Cc

Apr

2.20 May
52% May

'2.40

Jan

23c

Jan

42c

47'A

Jan

Apr

CO

Feb

52

6'Ac May

May
•

12c

May
Jan

•;

-l'
;>

f

[.'

;%<

■1

yuM

\<-

-..A

:

t'.aL

,

J

a

!

1

ti
>!'

For

footnotes

see

page 42.




'

n

Map

7'Ac May
10c
Apr

10c 11 'Ac

Last

Disber
11

2.98

21

100
-

Feb

»>

11*1

■/1

43c

23'A

16'A May
14'A Apr

,

'

C')T

■■

40c

23)4

16'A May
13% May

13'A

1

21

■

Mar

1

Mines——

I ill

"<

Jan

May
May

•

preferred

ltl

4.50

5c

1

Mines

Silverw.'d Western Dairy
Simpson's Ltd class A
Class B

c

3.25 May
16c

—

>

117

1,100

__

(

50

3,737
44,500

_50o

Signift.Mines (Quebec)
^ilverwopd

125
4.10
7c

-V. T. C.
Miller

125

3.85

25c

1

17'A Mar

100

127'A 127'A

.

Bulolo

5c

*

Jan

Apr

Canadian Funds

Mar

19c

•

Sicks' Breweries common

Silver

100

5c

1

Winnipeg Brewery class A

SherrJtt-Gordon

,

10

23'Ac

♦
*■

Shawinigan Water & Paper
Shawkey Mines (1945)™

Creek

__

4.10

10

1

Ltd

Feb

2lc

30'A

2,000

310

Feb

Feb

10'A

May

45

Note—This week's transactions for Toronto ends
prices for Friday, May 30, will be included

Jan

1

Mines

8'A May
8c

ApX*

16

38—May

5%

14c

•

Preferred
__

100

1.10

•

Jan

Paper preferred

175%

7% May

4,500

Feb

Jan

May

1

Feb

403

Antonio Gold Mines Ltd
Sand River Gold

175

12

May

Jan

7%

4.45

•

Feb

23%

San

18%

11c

Toronto Stock
•

Jan

May

23'A

*

5

Feb

30c

May

58c

615

30

13c

Feb

25%

common—

8%

1

Girl—

Feb

•

Corp

18c

600

13c

Feb

1.40

Feb

2,900

10

common

65c

Feb

80c

9

Royal Bank

Industries

May

1.00 May

8%

—100

Mines

Yankee

33c
•J

9.10

1

preferred

60c

11

12'Ac

—

James)

Jan

May

2.25

Jan

12c

4c

•

Gold

(Alex

Jan

35c

44

8

•

Wright Hargreaves Mines—

„

9

—

—1

Winora
Wood

4.05

1.40

170

1

common

3.20 May

1.35 May

18

1

Mines Ltd

Winnipeg Electric

Jan

55

64c

3,310

Wingait Gold

Jan

20c

May

65c

80c

15%

—

*

1

Oils Co

54

79c

1.92

May

11c

11'A

Mines

8c

Jan

30c

Mills

Gold

76c

1.32 May

14%

—

0

—,

205

1.40

13'A Mar

12c

1

A

70c

54'A

May

9% May

1,000

preferred—

60c

100

lviur

12c 12'Ac

•

Mines

Jah

54

175

18'A

100

Larder

28

8,000

12c

Feb

1.00

Feb

71c

-

Mar

2.35

.

♦

—i.

Wiltsey-Coghlan

May
-

J i-h

2.LL

52'A May

5%

1

common

26

8'A

44

*

(George)

'

175

65c

12'Ac

Mar

38

5,000

30

*

preferred

150

ny2

175

13c

__*

A

20c "

\\\/2

8%

_l

___;

Hiram

Western

l,20o

19c

-

*

8%

•

.

(G & W)
Wekusko Consolidated
Westeel Products

Feb

28c

1

Ventures, Ltd

Feb

3.25 May

28c

Mines—;

Walker

4,600

-

Canada

Waite-Amulet Mines Ltd_.

2.80

100

25

Vicour Mines

4.15

12,100

__

50

preferred

Jan

2.65

28c

B

Feb

3.90

43c
1.00

__

Feb

2.80

40c

*

1.31

4.15

9,100

70c

1

17c

May

45c

1.00

•

29c

May

1.00 Mar

37c

*

Upper

3c

44c

220

43c

•

Jan

1,000
25,187

32,245

1.35

45c

100

Feb

4'Ac

45c 51'Ac

4.05

1.35

m/a

56c

4'Ac

3.55

70c

40

__

•

.5'Ac

.

53'A

4.00

5

1

Resources

I,000

27'A

53

1

Trusts

73C

27'A

53'A

1
;

Jan

—

47c

Royalite Oil

Sheep

2.75 Jan

•

•

:

Roche Long Lac

Shea's

31c

May

•

73c

Senator Rouyn

May

1.98

Steel

1

Gold

Co

19c

2,600

United

1

Mines

Textiles

&

2,200

Jan

1

Robertson Mfg common —a—i

Scythes

6,050

25c
2.25

12c

1

Gold

Co

2.15

B

Fuel

Feb

23c

73c

Mining—
United Corp class A

Class

2.65

2.18

Jan

1.18 May

1.85 May
1.70 May

25c

Apr

*

&

1.93

2.10

13c

2.25

6c

—

1

Sannorm

14,600

1,500

Quemont Mining

Scarfe

2.01

10c

Queenston Gold Mines

Lawrence

1.90

9c

Dome

Purdy Mica Mines
Purity Flour Mills

St Lawrence

.1,500

1.93

Oils

1

St

22'Ac Mat

15c

United

1
1

Roxana

Jan

15c

Jan

East

Merger

89% Mar

15c

——

—;

common

Winchester

Cotton

83

Mar

Jan

Metals

Rouyn

1.70

_

Richmac Gold

Mar

20c

common

Riverside Silk

77

82

23'Ac

Preston

Robinson

8,200

Jan

10

May

1

-

Regcourt

1.47

J ah

75

Elevators

Class

J »n

17 VJ

13% May

81

May

Pressed

Reno

Jan

Jan

1.0

84

6c

—

Gold

Renfrew

Feb

33'A

May

1

Mark

Toronto General

Feb

1.20

Apr

Feb

E5c

81

10c

1

_

c

Quebec

65c

Jan

Feb

8

83'A

5,100

Mines

River

Premier

May

8

23

81

1

Union

15c

28

Apr

5'A
19

50c

Union Gas Co

84c

190

20c

Feb

285

15

i3L8

Apr

)

Oil

Transcontinental

1,700

22,9C?

1

_____

Twin

4.500

77c

•

Mines

Jan

29%

310

70c

Feb

105

Apr
5% Mar

75

5%
•

Jan

9%

83'A

10,000

Mines__

Rouyn

Gold

Feb

9c

6'A

21'A

5%

77c-

50

City

6

21'A

5%
14

Jan

«*>

21'A

__

1.25

78c

•

15c

Porcupine Peninsula
Porcupine Reef Gold
Powell

300

13c

1.

Pioneer Gold Mines of B C

Powell

May

'12c

1

Porcupine

Crow

102

10'Ac

Pen-Rey Gold Mines

Pickle

10

Feb

May

12c

Malartic

Gold

7

11c

Paymaster Cons Mines
Perron

'

185

102

—7

—

Malartic

Piccadilly

5'Ac May

8'A

1

Paramaque Mines
Partanen

Feb

2.26
75c

May

8

102

Tombill Gold

United

Pandora Cadillac
Parbec

70c

May

1.04 Mar

May

•

.

Feb

54c

May

50c

Feb

93c

92c

*

Hershey Tubes
Pamour Porcupine Mines Ltd

12,000

20c

15c

Pacific Petroleums

Page

v

6%c

26c

45c

91c

6,933

_

Canadian

Toronto
Osisko

common

common

Thompson-Lund

Mar

23

May

3,300

65c

1

Gold

(G)

Thurbois

1.05

«

Jan

Jan
■

Orange

Gold---

Preferred

May

May
May

68c

25

Teck-Hughes

94c

*
-1

40c

55c

•

Sylvanite Gold Mines

1.77

-

May

7,850

1.00

♦

Sullivan Cons Mines
Surf Inlet Consol Gold

'

1.80 May
65c

46c

65c

■

Steeloy Mining-:
Steep Rock Iron Mines

Anr

43c

1.03

*

Preferred

May

24c

3,468

1

—

Mines

Ogama-Rockland
Okalta

4

Jan

7c

Northern Canada Mines

common

2.05

45c

8'A

I

High

10.283

45c

*

class A

Olsen

Low

60c

•

common.

May

7,167

Mines

Paving

12c

1.55

Star Oil

Standard

Range Since January

High

54'Ac

•

100

40c

1.40

North

Jan

Loio
59c

1

common

1,100

1-52

Northland

Standard Chemical
Preferred

17,000

*

Gold

54

Mines

48c

Mining
Norpick Gold Mines

Inca

May

Shares

1

19'Ac 19 Vac

43c

19'Ac

;

.

May

10c

for Week

of Prices

Par

4c

78c

39c

45

>A

Sales

Range

Sale Price

High

7c

--

1

Corp

2*j?^
500

Week's

Last

9c

—

*

Norbenite .Malartic

30

STOCKS—

6c

36c

38c

*

—

MARKETS

THURSDAY MAY

Thursday

Low

6c

85c

l

Noranda Mines

Norgold

5'Ac

—

-1

Nicholson Mines

Nordon

5 'Ac

-•

Gold

Yellowknife

ENDING

Range Since January 1

High

Low

Par

New

LISTED

WEEK

li'

(2961)

Sales
for Week

Sale Price

STOCKS

FOR

FINANCIAL CHRONICLE

'(.I

if-LM

.

;

..

.

pi

.

i'-

i

>

^

•

vA

4'

42

COMMERCIAL & FINANCIAL CHRONICLE

THE

(2962)

Monday, June 2, 1947

OVER-THE-COUNTER MARKETS
Quotations for Thursday, May 29

Reorganization Rails

Investing Companies
IV4
Ainerex
—10
American Business Shares
1
Associated Standard Oil shares.
Fund Inc
Holding Corp

1

of America
Inc
Broad Street Invest Co Inc
Bullock
Fund Ltd
Tr

inv

-

0

Fund

1
1

Inv Fund Ltd
Shares Trust

Canadian
Century

100

Preferred

Commonwealth Invest———1
De'aware Fund—— -1
Dividend Shares
25o
&

-1

20.35

25.08

27.51

Series S-l

8%

Series

8-2

12.94

14.2 4

6.80

7.35

Series

8-3

10.25

15.55

8erles

8-4

3.92

100

103

5%

3%

4

Va

Loomis

20.86

16.20

17.51

Mass

16.22

17.77

Mass

2019

69

72

4.95

30.15

148

153

5.51
14.62
1.37

|

5.99
15.82
1.51

Fund

Invest

Nation-Wide
Balanced

7.45

Insurance

8.16

25.86

1

X10.51

11.36

10

13.14

14.36

Securities—

85

Home

47%

50%

Homestead

.10

39 Va

41%

Insur Co of North America

25

70

73

Jersey Insurance of N Y

10
4

17%

19%

Maryland Casualty

28

30%

Prior

preferred

51%

53%

10

11%

Convertible preferred

21%

22%

17%

Massachusetts Bonding

79%

84

27

29

Aetna

I

9.40

10.16

Agricultural

Life

6.96

Low priced bond series

American

Alliance

4.73

American

Automobile

X5.56

series

7.65

X4.28

stock

6.22

American

6.50

7.15

American

3.24

—

priced stock common-

8
Equitable
8
Fidelity 8c Casualty.l
Casualty

3.67

American

3.77

American

Re-Insurance

3.58

American

Reserve

American

Stock
New

3.21

—

series

4.83

1

Fund—-

England

5.37

14.43

—

15.47

Idc—

New York Stocks

9.53

Agriculture

8.70

13.90

Automobile

6.10

6.68

6.35

Aviation

7.42

8.13

Boston

9.49

42.73

5.32

5.71

stock.

Bank

Building supply

7.81

8.56

Chemical

9.16

10.04

6.96
6.24

Diversified

8.05

Electrical

6.13

6.65

Insurance

8.91

9.66

5.24

Crum & Forster Inc

8.09

Employees Group

9.83

Employers Reinsurance

9.84

Federal

10.32

8

.10

RR

Franklin

Steel

Gibraltar

3.98

4.33

3.79

4.12

Equipment shares
stock shares

Railroad

shares

Steel

shares

Tobacco

—

shares

Utility

4.93
4.47

4.92

—

5.35

Common

1.62

1.66

20.14

21.77

Globe

3.20

2nd

96.87

98.83

10.55

Institutional

8.21

shares

Aviation Group

Insurance Group

shares
shares-

Stock and Bond Group

Co if America—10
Management Fund Inc-1

Investment

Invest

86c

77c

Bank Group shares.

9.00

1.01

91c

12.31

13.49-

24.89

12.90

20.44

C

6.04

6.61

7.31

7.99

19.43

21.24

American Airlines

17.32

18.90

Consolidated

14.86

15.98

6.30

7.25

•

2.41

2.70

1

3.24

Independence Trust Shares
Amer Trust shares—

B-l

27.91

29.22

B-2

23.71

26.00

Series

B-3—

16.52

18.10

Series 1958

Series

B-4.

8.57

9.40

Bonds—

44

46

26%'

2 8%

45

47%

10
25

9%

7%

Series 1956

Paul Fire 8f Marine

22

,

..

Fidelity 8c Guaranty Co—2

39%

41%

49%

52'%

68

72

31%

33%

U

25%

U S

Fire.

98%

U S

Guarantee

36

39

Westchester Fir*.

'

8

4

28%

23%
94%

26%

Paso

.—1966

Ss

88

Ask

$1.90

101%

1970

103 Va

Gatlneau Power is

$2

98%

:

Bank

of

10
100
10

York

New

Bankers Trust

100
Central Hanover Bank & Trust 20
Chase National Bank
15
Chemical Bank & Trust
10
Brooklyn Trust

:

25%

.104%

357

39%
105
94 %
34 Vb
39'A

41%
110
97 ¥2
36Va
41 'A

39 %
16

41%
17

533A
76

553A
80

Commercial National Bank &

20

Trust Co

& Trust-.—10
Corn Exchange Bank & Trust_20
Continental Bank

50

Empire

Trust
Federation Bank & Trust
Fiduciary Trust
First National Bank

21
40
1,450

10
18
10
37
100 1,390

Guaranty

—

Lawyers Trust
Manufacturers

Trust

Y

1965

104

105

2%s„1977

k__

99%

,

102%

N

Y

State

3%%

Nat'l

2%s

Ask
180

165

Old

1977

101

101%

1976

-

102

102%

102

102%.

Philadelphia El Pow 2%s„1975
Gas & Coke 3%s_1976

101%

102%

8cranton-Spg

15%

1,650

48%

52

U.

Rubber

S.

103

2%s_1966

102'A
k—
101

1967
1970

2%s

Utah Pow & Lt 2%s

38%

25

88%
39%

1%8 Oct
1 %s

100.8

1950-1948
1952-1950
19S3-1951

1,

1,

May

1 VaB Jan.

1,

99.14
100.2

103.6

2%s Feb. 1, 1955-1953

100.12

l%s

25
12

Trust

Home

100

9%

Rates

Apr.

1947
19, 1947
26, 1947—

June

Ask

July 3.

100.3

-

-

1947

-

125 3A

-

1947—

17,

Isauea
.1981

—

July 10, 1947—

July
Other

1947

12,

June

100

1948

15,

5,

June

V

'

,

Ask
0.28%
0.33%

b0.375
" b0.375
b0.375
b0.375
b0.375
b0.375
b0.375

•

126%

point represent one or more

Bid

Ask

100.5

100.6

iy4%

100.3

100.4

1%%

100.20

100.21




Dollar Price 100 Plus
Bid

$%s Nov.

*%s Dec.

1,

t%s Jan.

1, 1948

t%s Feb.

1.

Oct.

0.33%
0.33%
0.34%

0.34%
0.35%

Plymouth

t%s

Mar.

2

Rubber Co
(Indiana)—;

101

1

54

k

12'%

Service

Public

3.50% ( preferred
&

Stern

-.25c

%

1

8%

Textiles—

Overland

Willys

9

•

52%

51%'

pfd—•

4%%

94%'
1
-

93

———100

Recording

Sighature

-

July 24, 1947—
—
July 31, 1947——
August^ 7, 1947—
August 14, 1947—
August 21,. 1947
—
August 28, 1947———
'
^
;
.

Odd lot

1,

1947

1948...

1948

.0132

range).

1

.
■

b Bid yield price,

-:i(

.

.

c Hein Werner Motor partq

March

record

3,

1947.

Corp. and outstanding

Authorized $3 par common stock at same

.0097

.0245

par

value,

tin default.

.0185
.0216

•No

JThese bonds are subject

to all Federal taxes.

HEx-llquldating

dividend.

.0155

.0083
_

.0085
.0068

.

.
i

.0169

.0055

———

...

;,/■

«

.0148

.0066

..

jj.-..

:

'

(not Included in year's

sale

Bid
Ask
60.375- 0.35% "
b0.375 0.35%'
bO.375 -0.35%,
b0.375 0.35%
b0.375 0.35%
b0.375 . 0.35%'

'

1

.0170

.0073

„
—.

.0105

.0103

1, 1947
1, 1947
1, 1947-

Sept.

*%s

RUsk

.0057

of Indebtedness—

*%s July 1, 1947
*%s Aug. 1, 1947
r/aS

99%
53 *
12

to

32ds of a point

Maturity—
Certificates

12%

.

stock split 2-for-l payable to holders
time increased from 200,000
400,000 shares,
d Deferred delivery sales (not included in year's range)'.
e Ex-interest?.' f Mat
price, g Formerly the Aviation Corp. of Delaware; name changed March 25, 1947.
k Removed t6'i
Stock Exchange,
r Cash sales (not included in year's range),
t Ex-stock dividend. (Un) Unlisted''j
issue.
wdWhen delivered.
wiWhen issued,
x Ex-divldend. y Ex-rights.
i'
of

Quotations For U. S. Treasury Notes
1%%

,

12

quoted are for discount at purchase

Bid

-

Corp. name changed to Hein Werner

Int. Rate

5

United States Treasury Bills

a

Plgures after decimal

102

101
-

-

Electric—
preferred
100
Pitney Bowes 4%% pfd—_'-50

;

Maturity—

.

10%
665

635

Bid

Loan Banks—

Panama Canal 8s—

Wept. 15. 1947
Wept. 15. 1947
Wept. 15, 1948

-

Co

70

66

99.18

103,10

100

Ribbon

41%

States

100.6

'

Service—

preferred

Carbon

Stern

101%

8

' 98%

97Va

40%

Obligations Of Government Agencies
,

—100

91%

Bank & Trust_17%

Title Guarantee & Trust

Federal

103%

,

107%^'

Gas-—

224

218

12 Va

June

Ask

and

8% "

50%

.

Bid

Public

Town

„

Pennsylvania

103%

2%s„1976

Brook

Tenn Gas & Transm

102%

101 %

Treasury bills—

federal Land Bank Bonds—

•

&

preferred

3.90%

-

Pennsylvania Electric 2%s__1976

267

Sterling National
United

Power

Portland

York Trust

Public

Gas

States

Ele-c

3.70%

100

Morgan (J P) & Co Inc

16%

4.40% preferred
—100
Moore-Hanley Hardware -—„1

Ohio Public Service 2%s

20

National City Bank
New

El &

State

205

Co

10%

15%
"
t v
106,
7

165%

Gas Lt 3%S—

262
100
14%
10
100 1 ,550
49
25

Trust

9%

—

100

Irving Trust
Kings County Trust

k—
7%

100%

Iowa Pub Serv 2%s

(Wis)

100

Trust

Grace National

*
1
——-.5

preferred ____:

104%
102

•

52VW
54%,-

51%

54%"

——:—*

de Nemours—

(EI)

$3.50

* Ask

Bid'

preferred

1976
1976

1961

2%S

Bid

Pulton

"

Power—

Michigan Gas & Electric-——10
Monongahela Power—*
• '
" '

Illinois Power Co 2%s

2.80

Ask

Bid

&

-

Empire. Millwork
Frontier1 Power

North

City Banks & Trust Cos.

24
342

Light

preferred

DuPont

103%
101

Par

Connecticut

Ohio

Par

.2.00

Stocks—

90%

.

Edison—

100%

Northern

Co

10

Security Issues

Bid

\r

Firestone Tire & Rub 2%s—1972

N

Bank of the Manhattan

570

555

100

Travelers

87

1977
100%
2%s_^_—1967 : 98%
Electric 2%s
1976
102%

Laclede

New York

31

28%

10

Accident

Standard

106

1

18

83

2%s series B
El

2.81

Series

67

10

Cudahy. Packing

Unit Typo Trusts—

Series

84

Surety

Security New Haven
Springfield Fire & Marine

Recent

22.68

18.70

.

12%

Seaboard

17

80c

71c
22.00

D

Funds-

St

28%

74c

Diversified Trustee Shares—

Keystone Oustfian

21

47.75

27.06

12.61

20

15

Inspect—If

Hartford Steamboller

B

Stock Fund B—
Union Preferred Stock Fund—
Wellington Fund
*
Whitehall Fund Inc.
.1

18

6.63

6.05
67c

Unicn Common

-28%

25%

10

19 %

5

Series

Securities Ltd—

6

4%

2
—10

Fire

10

Fire

Series

investors———I

Incorporated

(NY)

Corp

(Texas)

(Paul)

11.42

44.75

Corp—
Trusteed Industry Shares
26c
Union Bond Fund series A
—

Republic.

10

American

Hartford

1
10c

Utilities

Rutgers Fire com
preferred

Hanover

ficudder, Stevens & Clark
Fund, Inc
•
Selected Amer Shares
—2%

Reinsurance

25%

8
18
18

&

Great

10c

State Street Investment

Fund Inc
10c

Foundation

15.72

2.91

49%

8

Marine

&

Globe 5c Republic

3choellkopf Hutton and
Pomeroy

Fire

6 %

33

34

..10

10

Fire

Glens Falls Fire

14.62

1
1

Fund

Republic Invest Fund

Standard
Income

Trading

Sovereign Investors

—1

Holding Corp_«

Huron

4.54

4.11

—

11.09

Newark—-

of

Firemen's

52%
78

4%

.5

Providence-Washington

Revere

General Reinsurance Corp

&

104

49%
74

10

..10

—

*

13%

7.74

18

51%
152

12%

7.32

10.12

47%
145

92%

5.03

(Geo)

100

Preferred Accident

46%

7.06

Putnam

79

Fire

8

4.59

Petroleum

6

74

Indemnity Co

10

6.68

2.65

71

Pacific

10

Railroad

7.00

Phoenix

Fire Assn of Phlla

Railroad equipment

Bond shares

Railroad

20

Fidelity & Deposit of MA

7.31

2.43

29

Fireman's Fd of San Fran

9.89

6.45

32%

68

_10

6.22

4.98
—-

29%

•

5.68

Tobacco

22%

5

12.50

,

27

:io

9.42

—

Pacific

11.61

7.04

5.41

Northern

11.19

6.49

8.12

12%

21

5

River

53%

8.05

7.49

42%

10%

Northeastern

69

6.74

Merchandise shares

25

40

25

North

18%

66

13.51

6.46

23

10
2.50

21%

16%
51%

6

27%

10

..6

Fire

20

B
10

7.35

5.95

York

10

12.33

—

Hampshire lire

47

25%

2

29

170

160

20

Brunswick

.

5%

2

Casualty

New

Connecticut General Life

7.60

I

Amsterdam

44

New

Continental Casualty

8.08
—

New

27

10

72

11.71

5%

4

(Detroit)—10

Casualty

60%

11.31

7.01

1

10%

9%

8

N Y

68

10

7.45

Public" Utility"

Fire

56%

I

Fire

City of New York

8.97

Merchandising

41

Assur

New

9.42

shares-

Institutional bond shares

5%

6

28

7.38

equipment
stock

37

1

National Liberty..—
National' Union Fire

10.59

Machinery

4.82

Food shares-

National

10.21

preferred stockSpeculative

I20

National Fire

33

8.98

Diversified

5.08

7.42

Fully Administered shares—
General bond shares

18%

56%

35

10.32

Pund—

Diversified Investment

5.75
4.67

Electrical Equipment—

16%
54 %

—10

Camden

90%

27%

11.04

bond series

Corporate
6.41

shares
Building shares
Chemical shares—

25 %

.

10.40

39.74

Aviation

Mfrs

Bankers & Shippers

5.49

Securities—
Agricultural shares!——
Automobile shares

Fire

Merch &

10%

-2%

Baltimore American

5.67

12,68

Trust—-

Merchant

20%

Automobile

5.12

13%

87

12%

11%

187/e

Surety

Speculative series

1.99

12

10

common

10

7.96

3.39

15.10

10

25

7.20

Selected series

24.12

15%

25%

24

Fire.

3%
10
10

American of Newark

35%

.

Series—

series

Industrial

Ask

Bid

Par

82

-10

14.51

series

Income

Companies

-10

13.52

National Investors Corp

1.82

shares
shares

52

Aetna Casual 8c Surety.

—

14.12

32%

Petroleum

21

49

Ask

Bid

Par

25.14

23.51

Group

Mining

19

I——.100

preferred

Aetna

Inc

shares

National Security

5%

5.40

23.92

Fund

2d

Investors

Low

4%s

Income

45.70'

44.79

1

Trust

22.41

Price Shares-

•

95.45

10c

Investors

Bond

Conv

Bond Fund Inc—

Common

Mutual
3.85

4.86

Mutual Fund

Sayles

Manhattan

99.14

19.30

28.04

Fund

-•
Loomis Sayles Second Fund—10

95.17

Corp
First Mutual Trust FundFundamental Investors Inc.
Fundamental Trust sharesGeneral Capital Corp———

Low

Ask

Bid

—

Common

4.35

47/a

First Boston

Industrial Machinery

Stocks

Chicago Rock Island 8c Pacifio—

Chicago Rock Island 8c Pacific—
1st 4s
1994

11.23

Fidelity Fund Inc —-----Financial Industrial Fund,

General Investors

19.35

X18.52

4.13

-1

Fund

Stock

17.65

Kifl

and If issued)

as

Ask

Bid

—

Preferred stock series

Howard—
Balanced Fund

Eaton

K-l

Series

7%

•
1
13.12
14.20
com—100 2,840
2,940

Fund
Christiana Securities
Chemical

uneiuiutii

Bonds

3.77

J

Co

&

Boston

(When,

iCont. )—

Series

Knickerbocker

Beneficial Corp
Blair

29%

27 %

Keystone Custodian Funds

Ask

14.31

Inc
Fund B

Axe-Koughton Fund

Bond

4.32

3.94

Affiliated

Axe-IIoughton

5.57

Bid

Par

Ask

5.07

1

(securities

Aeronautical

Bid

Par

Fund#—

Mutual

t%s Apr.

1. 1948

.0195

1, 1948

.0148

.0345

for

Middle

record

each

West

May 23,
share

of

Corporation authorized

distribution on June 14, 1947 to Capital

stock, par $5 of Central and South West
Stock of The Middle West Corporation held.

1947, one share common
Capital

.0361

f/as June

s

of

i-i.

>rw<i

Stockholders

Corporation
,

n'

Volume 165

THE COMMERCIAL & FINANCIAL
CHRONICLE

Number 4599

(2963)

43

Week Ended
May 24

THE COURSE OF BANK CLEARINGS
clearings this week will show an increase compared with

Bank

Preliminary figures compiled by

year

a

ago.

based upon telegraphic advices from the chief

us,

cities of the country, indicate that for the week

ended Saturday, May 31, clearings

for. all cities of the United States from which it is

possible to obtain weekly clearings

will be
total

Our preliminary

15.4% above those for the corresponding week last year.

stands

at

$10,359,259,242

At this center there is

a

$3,974,259,132

against

week

the same

in

in

1946.

Our comparative

gain for the week ended Friday of 19.0%.

'

,

Clearings—Returns by Telegraph

-.

+ 19.0

392,435,427

+ 20.0

613,000,000

474,000,000

+ 29.3

274,698,683

+ 23.3

180,621,541

156,780,465

+

140,500,000

+ 26.1

202,035,000

_

$4,529,357,310

338,632,837

_

$5,391,087,955
470,807,593

.New York__

+

Chicago

Philadelphia

.

_

Boston

Kansas City

__

St. Louis

177,200,000

San Francisco

165,672,236

Cleveland—
Baltimore-

i

_

.

150,241,796

117,702,267

-I-,———

168,653,384

174,655,887

Pittsburgh

♦125,000,000

Philadelphia
Reading

1,487,855,012

$9,590,391,552

$8,101,557,077

York

770,211

813,778

674,468

1,904,282
679,000,000
2,286,473
3,090,840

+ 18.3

1,580,891

1,586,124
593,000,000

4,278,366
2,154,528
3 476,609*

559,697

768,867,690

0.7

658,000,000

+ 24.2

1,776,815

1,704,811

+ 38.4

2,505,590

2,774,489

2.1

1,285.426

—

2,111,061

+

1,773,356

+ 96.1

346

5,516,442

+ 16.0

4,695,017

5,244,835

+ 14.7

11,297,800

3,766,300

714,163,325

Delaware—Wilmington

703,469,218

1.5

685,347,204

607,641,510

6*396

:

(11 cities)

+

$10,359,259,242

$8,974,259,132

1,452,965

6,577,656
152,558,865

5,043,817

+ 30.4

120,419,759
212,629,404

+ 26.7

115,279,000

93,336,494

275,610,709

+ 29.6

225,156,780

24,374,200

19,892,600

+ 22.5

16,861,300

193,477,636
16,011,500

a

—

(7

3,483,512

3,394,923

+ 24.5

3,010,161

2,255,578-

5,519,414

+ 21.1

263/08,415

205,104,585

+ 28.6

3,778,813
265,706,110

252,026,914

733,741,929

Pennsylvania—Pittsburgh
Total

007 70a

4,162,366

6*684*294

572,004,502

+28.3

633,954,530

564,165,434

1,895,474
7,528,000
78,358,943

+ 23.3

Youngstown

West

_

cities)

Reserve

3,573,800

District—Richmond-

Virginia—Huntington

2 337 105

9,497,000

Richmond

372 476

South

Carolina—Charleston
Maryland—Baltimore

—11.9

District
.;

-

1,514,951
1,837.004

^

Virginia—Norfolk

872,702,055

626,718

6,017/52

„

Mansfield

+ 18.4

I

765,661

+ 23.2

2,838,753

rlfiSi

+ 16.9

—

—19.7

751,788

684,000,000

w£?nt0.5

Wilkes-Barre

+18.7

$6,613,702,065

1/39,712,236

day

+ 25.4

934,846

5.8

—

$7,850,673,316

Total all cities for week

855,295

2,252,405

Lancaster

Columbus

+16.2

-

$

926/78

1

1.8

—

1944

750,437

Chester

0hr?irtCant^n
Cincinnati

9.5

cities, five days

Total all cities, five days

$

Fourth Federal Reserve
District—Cleveland

15.2

Other cities, five days

All cities, one

1,072,451

Bethlehem

Fifth Federal
Ten

1945

Dec. %

to

1946

1947

Inc.or

Reserve District—Philadelphia—

Pennsylvania—Altoona

Total

Week Ended May 31

1946

$
Third Federal

New Jersey—Trenton

summary for the week follows:
,

1947
'*

'

of

Total

(6

6,593,000

1,097,555
6,645,000

+ 40.9

77,934,181

70,543,997

2 835 118

2,339,415

+ 21.2

2,163,253

178/46/64

1,779,022

163,330,144
54,916,792

9.4

661947,677

145,188,630
42,515,658

141,731,383

+ 21.9

370,736,240

308,368,768

+20.2

275,544,272

255,126,189

Columbia—Washington.

+ 15.4

1,149,550

+ 26.2

cities)

+

33,329,232

Complete and exact details for the week covered by the foregoing will appear
in

issue of next week.

our

We cannot furnish them

today, in

as

much

the week

as

Sixth Federal

Reserve District—Atlanta—

ends Saturday and the Saturday figures are not available at time of;going to press.

Tennessee—Knoxville

Accordingly, in the above the last day of the week in all

Lf~T
Georgia—Atlanta

<

In the elaborate

•

we

detailed statement,

able to give the final and

are

ended

May 24.

has to be estimated.

cases

however, which

present further below,

we

complete results of the week previous—the week

For that week there

was

an

increase

of

7.5%, the aggregate of

clearings for the whole country having amounted to $12,112,751,480 against $11,269,-

417,235 in the
the

bank

week in 1946.

same

Outside of this city there was a gain of 19.2%,

clearings at this center having recorded

loss

a

cities according to the Federal Reserve Districts in which

of

2.0%.

they

this it appears that in the New York District (including this

of 12.6% and in the

Philadelphia Reserve District of 1.5%.

District the totals show
of

an

group

city) the totals record
an

increase

In the Cleveland Reserve

improvement of 28.3%, in the Richmond Reserve District1

20.2%, and in the Atlanta Reserve District of 16.6%/ The Chicago Reserve Dis¬

trict

has

and the

enlarged

its. totals

by

25.1%, the

St.

Minneapolis Reserve District by 36.9%.

there is

increase of 33.7%, m the

an

Louis. Reserve

District

by

22.4%

In the Kansas City Reserve District

Dallas Reserve District of 27.8%

and in

+ 11.2

13,074,132

11,263,975

48,786,431

+ 20.3

183,600,000

+ 18.8

36,859,694
151,900,000

34,097,984
135,200,000

3,758,545

irL™
Macon

2 797 108

Mobile

the

San Francisco Reserve District of 11.6%.

following

we

furnish

a

.

Week Ended May 24

Federal

Reserve

OF

by Federal Reserve Districts:

BANK

Seventh

Federal

Michigan—Ann

Reserve

Arbor

4.4

216,178

159,611

+

7.7

86,547,669

75,956,396

488,410,910

+16.6

409,892,839

365,575,797

802,914

+ 48.7

'

;

I,193,853
8,317,200

1946

Inc. or

1945

$

Dec. %

$

7,470,610

+ 11.3

547,014
5,110,165

5,624,785

5,454,937

____HI

3,701,388

+ 47.4

3,133,102

5>,028 979<

499,952

4,725,233

,1.

Rapids.

3,168,205

2,723 133

+ 18.3
•+ 37,7

28,195,000
3,566,810

22,747030

3,533,516

12,152,920
46,696,577

<1

,

+ 37.3

35,542,000

4,864.745
^

3,442,666

42,056,000

,_

—II,

Wisconsin—Milwaukee
Des

5,310,949'

+

Bend-

Terre Haute

Iowa—Cedar

4,387,875

278,957

Rapids

South

+ 33.3

1,585,880

District—Chicago—

Lansing
Indiana—Fort Wayne
Indianapolis

10,104,591

+ 20.3

9,306*554

7(497,834

39,008,491

+ 19.7

31,307,481

30,792 947

3,518,247

3,033,782

Sioux City

.

Illinois—Bloomington

+ 33.4

2,067,905

1,948,288

18,722,309

+ 45.1

14,385,897

12,563,092

II,611,140

I

2,273,442

27,165,189

.

Moines

8,378,091

+ 38.6

8,032,511

5,806,763

521,802
438,805,341

1,005,921

696,724

+ 44.4

672,490

680,358,477

546,243,718

+ 24.6

527,229,516

2,823,352

1,638,439

+ 72.3

1,491,803

—

Chicago

Total

$

56,622,439

569,641,201

(10 cities)

■

(17

1,646,367

10,322,681

7,194,282

+ 43.5

6,787,.739

6,381,888

3,739,328

H

Rockford

CLEARINGS

1947

Districts

+ 19.0

106,130,170

Springfield
SUMMARY

63,755,499
4,951,417

48,468,748
51,469,613

291 2 7 3

Decatur

summary

56,492,877

114,257 248

Peoria

In the

+ 18.4

6 599 884

Liu_

Mississippi—Vicksburg
Louisiana—New Orleans
Total

2,276,662
1,515,313

2,062,641

+ 51.4

63,572,262

75,851,600

—,i,

„

2,936,953
1,347,101

+ 28.0

75(252*505

A!lVapCkSOnVi!le

Alabama—Birmingham

Grand

register

12,552,120

58,678,650
218,200.000

—<

the

located and from

are

decrease of 1.4% but in the Boston Reserve District the totals

a

We

13,954,388

______

r^nvl^l

3,140,375

+ 19.1

3,188,591

1,881,323

2,951,156

2,527,188

868,472,491

cities).

694,420,744

+ 16.8

2,133,328

1,611,705

650,324,111

+25,1 "

549,600,446

i

1944

$

Eighth Federal Reserve District—St. Louis-

'

1st Boston

12 cities

498,375,805

4 v 442,624,478

6,;315,744,690

6,404,146,217

413,101,179

+12.6

367,818,604

Missouri—St.

Louis

249,500,000

205,500,000

+ 21.4

96,657,483

78,088,693

+ 23.8

71,004,894

68,319,518

55,328,401

+ 23.5

47,253,583

1,767,240

1,209,378

+ 46.1

1,076,298

1,014,000

416,244,241

340,126*472

+22.4

306,734,775

.284,870,957

'

2d

i

York

New

3d Philadelphia

;

4th
6th

Richmond

6th

J

Cleveland

Atlanta

10th

714,163,325

+

'.733,741,929

"

703,469,218

572,004,502

,6

—

10

1.4

1.5

685,347,204

607,641,510

+28.3

633,954,530-

370.736.240

308,368,768

+20.2

275,544,272

255,126,189

"

488,410,910

+16.6

409,892,839.

868,472,491

694,420,744

+25.1

650,324,111-

549,600,446

416.244.241

340,126,472

+22.4

306,734,775

284,870,957

Minneapolis

7

"

310,132,517

226,581,071

+36.9

206,008,991:

169,532,816

422,786,630

316,333,044

+33.7

304,049,016

259,781,092

City

10

"

239,357,345

187,223,225

+27.8

158,938,258

125,986,032

10

"

653,355,066

585,708,586

+11.6

520,838,472

481,522,415

112

We

r

"

6

Francisco.

San

cities

week ended May

6,013,136,850

24 for four

7.5

11,008,123,916.

+19.2

5,049,854,181

\'

.

Reserve

District—Be

4,739,192,955.

<4,188,962,408

1946

$

$

422,711,754

Bedford

Springfield':

Worcester;

1

TJc

630,625

'

.*

'

*

3,075,490

.

3,367,391

+ 11.8

360,171,967,

1,057,053

849,557

7.4

526,926

402,027

—

0.3

321,796,231

-

1,161,717

North

Dakota—Fargo
Dakota—Aberdeen

4,545,267

+ 15.8

3,144,970

2,620,733

16,906,377

+ 22.8

13,532,517

11,910,629

8,314,214

+ 12.0

6,618,518

5,845,081

*

19,423,300 *++21.2

1,209,815

835,285

442,624,478

564*768

+12.6

14,369,400
513,410

+ 44.9

498,375,805

17,925,900

413,101,179

;

■

13,748,504

10,419,491

2,440,813

.„

Binghai^bon
Buffalo

—

2,443,782

i__L__L__;

Jamestown''
New

u-i

York

1

Syracuse

.

3.8

4,093,335

3,691,824

3,581,305

144,467,204

114,336,034

46,293,335

42,659,183

+ 42.9

3,086,244

2 684,122

1,817,807

+

72.7

1,800,537

1,194,144

1,879,903

+ 23.3

1,325,593

1,178,039

7,925,362

6,717,830

+ 18.0

4,942.743

3,789,470

310,132,517

,

226,581,071.

+36.9

206,008,991

169,532,816

;

+ 89.3
—

206,469

3.3

148,657

317,692

264,325

+ 32.8

3,807,579

78,774,635

3,077,739

+ 33.7

71,337,948

5,192,908

+ 14.8

3,246,697

7,458,131

+ 14.9

7,229,911

5,327,955

211,684,504

+ 34.4

210.307,086

177,016,347

5,909,636

+ 61.0

5,794,082

5,943,216

+ 14.7

944.632

895,216

1,301,967

1,310,521

316,333,044

5,329,921
105,281,889
5,963,621

Omaha

8,572,466
284,463,275

.

Wichita

City

Joseph
Colorado—Colorado Springs
—

Pueblo

.

(10

223,306

490,515
4,012,591

9,511,851
1,464,499

;

St.

422,817

422,786,630

Lincoln

Total

City-

474,324

.

cities)

1,276,297

—

0.7"

63,659,285

2,786,285

856,920

662,067

304,049,016

+33.7

259,781,092

Eleventh

Federal

Reserve

District—Dallas—

Texas—Austin

5/19,810*

Galveston

Wichita

+28.6

2,545,202

2,119,215

154,075,000

+ 27.3

131,312,000

102,519,000

21,711,672

.

4,446,501

196,061,000
Fort Worth

16,028,338

+ 35.5

14,824,355

13.236,142

4,940,000

Falls

4,430,000

+ 11.5

3,065,000

2,512,000

2,904,043

n

2,059/22

+ 41.0

1,701,148

1,239,243

+ 31.8

5,490,553

8,020,817

-

6,183,664

4,360,432

367,818,604
cities)

(6

239*357,345

187,223,225

+27.8

r

158,938,253

125,986*032

'

Twelfth

9,486,584

1,424,953

1,311,802

66,500,000

62,900,000

6,219,563,054

16,227,946

13,112,761

;

_

929,445

+ 32.5
—

Newark

Northern New Jersey..*.
(12 cities).




867,061

'

1/09,114

884,339

6,268,930,961

2,0

4,867,767,699

+ 23.8

•

.

13,724,115

.10,797,433

9,365,666

-

Jersey—Montclair

41.2

+ 20.3,

1,318,466

6,094,564,630

;
__s.

+

1,620,248

8,223,036

+ 29.7

5,758,876

4,907.603

12,675,576

10,266,326

+ 23.5

9,099,561

548,064

29,379,597

47,342,045

51,096,328

6,315,744,690
<4

.

400,761

323,242

26,532,173

^

•

;

*

—

—

..

Francisco—

Yakima

:

Utah—Salt

Lake

California—Long

97,170,381

—

City

106,192.483

81.174,256

0.2

2,083,575

1,717 039

73,953,153

81,049,385

+ 35.0

28,378,061

24,794,594

33,390,942
10,664,525

6,068;416

369,519,309

6,191,816
330,192,208

9,840,548
3,804,327

»

Jose

7.8

8.5

+

8,661,126

+ 27.1

5,697,401

3,442,699

+ 10.5

2,329,095

5,503,425
1,530,036

8,118,940

6,850,750

+ 18.5

5,173,556

4.908,069

653,355,066

585,708,586

+11.6

520,838,472

481,522,415

12,112,751,480
6,018,186,850

11,269,417,235
5,049,854,181

7.5

11,008,123,916

9,056,730,107

+19.2

4,739,192,955

4,188,962,408

„

—

Francisco

San

+
—

,

45,075,254

Beach

(

Santa Barbara

Stockton

3,058,122
94,024,401

102,044,342

—

Pasadena
San

90,153,240

3,052,423

*——

Oregon—Portland

——

—

7,739,883

—18.8

10,738,995

2.0

5,006,153
282,286,000

—

+ 11.9

10,496*606
3,300,005

267,049,000

26,181,249

:

713

33,633,137

6,443,390,269

1.4

38,893,726

5,025,108,815

*

«•

District—San

6,851,636

1.8

+ 16.7

—

6,404,146,217

Reserve

Washington—Seattle

'

*

538,410

•4,299,385

Federal

8,683,614

0.1

'

Total

-

+ 32.0
—

57,755,064

1,746,719
u

'

Ctonhecticut—Stamford
New

.

1,227,807

——

Rochester

.

81,567,189

1

-----

Elmira
,

—

+ 37.2

+ 41.7

Reserve District—New York—
sw

Yorg—fipapy-

J

!

cities)

Hastings

Total

Federal

3,139,814

Louisiana—Shreveport

"

;___

f

Second

5,116,241

■*

(7

54,167,143-

2,305,846

Montana—Billings

Total

5,761,724

152,652,359

76,729,030

|

4,119,799

+ 14.7

3,740.047

•

New.

5,543,931

209,372,293

Paul

1,213,441

6,198,100

23,544,000

Hampshire—Manchester

St.

Missouri—Kansas

+ 19.8
+

1,636,713

9,311,890

(12'cities)1-:.

63,830,569

36,626,388

District—Minneapolis-

Minneapolis

Kansas—Topeka
810,905

20,754,183

Island—Providence^—

tal

$

1776,086

5.8

1944

7,111,145

Npw .Haven
Heif

v

4,329,266

/

Connecticut—Hartford

Rhode

1,359,119

1,631,863

-

t-

378,120,840

1,628,817

;

River--

New

$

+ 21.1

4,253,687

677,328

Fall

1945

Dec. %

1,206,171

4,005,068

Massachusetts—Boston

Inc. or
,

-

1,460,676

Portland

Reserve

Nebraska—Fremont

May 24

ton—

Maine—Bangor

Federal

Tenth Federal Reserve District—Kansas

1947

Federal

183,400,000
.

showing the figures for each city for the

years:

Clearings at—

Ninth

Minnesota—Duluth

9,056/3.0,107

+

Week Ended

First

cities)

Helena

11,269,417,235

detailed statement

our

(4

South

12,112,751,480

City

add

now

Total

187,400,000

365,575,797

569,641,201

"

Kansas

Kentucky—Louisville

Tennessee—Memphis
Illinois—Quincy

564,165,434

"

Outside New York

r

5,025,108,815

A

Total

-

6,443,390,269-

17

—

11th Dallas

12th

"

—

Louis

8th St.
9th

.

7

.

__

"

11

—

_

7th Chicago

;

12

:

i

ii

^,

%~Z

*

Total

(10

cities)

"

Grand Total (112 cities)
Outside

New

♦Estimated.

York

—

+

&

44

FINANCIAL CHRONICLE

THE COMMERCIAL &

(2964)

Monday, June 2, 1947j
*

Company and Issue—

Foreign Exchange Rates
give below a record for

the week just

transfers in the different countries of the world. We

May 24

May 23

Official

•

'

Australia, pound

$

Kline

.297733*

.297733*

.297733*

.251247*

.251247*

.257247*

3.208953

.022832

.022829

.054406

.054406

1.000000

1.000000

1.000000

1.000000

.923828

.922578

.924921

.916015

.925468

a'$7491
mltta

Denmark, krone

England, pound

sterling

India (British), rupee

Mexico, peso-.

•< ■

-

.020060

.208658

.208658

.208658

4.027343

4.027343

4.027343

.008408

.008408

.008408

.301617

.301604

.301617

.008408
*

.301629

■

Mount

.205751

,

.377563

Kertounffland, dollar-

2HJ.

__■

—III—™

.205753

.205751

.377596

.377464

1st

*

■

1947

Co.

1st

.233628

.233628
4.007500

mortgage

Ruppert
Sao

of

.658300*

.658300*
.562620*

South

.658300*

.562620*

.562620*

Co., Ltd.,

Water

City and $114,000,000 at

Relfem^tiona fund
notes

~F.~"r".

May 29,

tricts; the principal increases were $176,000,000 in
York City, $39,000,000 in the Chicago District, and

1946

$

$

17,344,060

18,974,678

18,930,178

714,053

for

715,500

748,058

19,688,731

19,645,678

18,092,118

232,594
130,159
1,603

251,537
117,065
1,597

259,945
236,507
1,324
11,324

-

Holdings of Treasury certificates of indebtedness de¬
creased $43,000,000 in New York City and $40,000,000
at all reporting member banks, and increased $29,000,000
in the Chicago District.
Demand deposits adjusted increased in nearly all dis¬

New
$29,000,000 in the Atlanta District.
Time deposits increased
$13,000,000.
United States Government deposits detotal decrease at all re¬

clined in all districts and the
Total

gold

ctf.

reserves

cash

Other

advances

and

Discounts

Industrial

loans

"

Acceptances purchased
U. S. Govt, securities:

5,917,718
369,300
735,390

Certificates
Notes

Bonds

14,005,854

14,777,329
5,811,718
351,800
735,390

14,567,413

■

Bills

6,335,596
1,738,200
902,942

porting member banks was $100,000,000.
Demand
posits credited to domestic banks also declined in

de¬
all

districts.

Total
F.

R.

notes

Uncollected

Bank

102

85

items

98,848

98,380

2,209,391

2,436,727

1,987,701

32,035

other

of

Other

Decrease (—)

May 21,

118,716

32,078

33,029

Loans

Loans—total

banks—

__

premises

50,246

48,477

56,128

44,033,530

44,307,878

Investments—total

and

—

16,847

—

—

Loans

Federal

bank—reserve

acct.

15,705,449

15,942,303

15,688,738

Treasurer—gen.

acct.

538,793
488,973

608,209

Other

443,247

468,025

429,788

17,302,472
1,912,330
14,060

17,438.094
2,161,069

17,407.251

13,133

13,828

43,339,020

43,614,511

43,150,955

S.

U.

Total deposits
Deferred availability items

.

Other liabs., incl. accrued divs.

liabilities

Total

1,663,463

U.

191,404

439,823

Real

capital

27,455

60,728

Total liabilities & cap. accts.

Contingent
liability on
purchased for foreign
respondents
Commitments

make

to

44,033,530

of

serves,

note

43,779,469

estate

U.

S.

6,502

5,697

5,431

with

47.5 $

47.4%

-

Federal Reserve

following principal changes for the week

May 21: Decreases of

in

$121,000,000 in loans and
deposits credited to domestic

demand
increase of $320,000,000 in'demand

posits adjusted.

Commercial,
clined in

industrial,

and

agricultural

was

all

loans

was

securities

or

carrying United

increased

$36,000,000

at

reporting member banks, and loans to brokers and

dealers for purchasing
clined
York

—

+

625

354

11
17

—

—

—

1,196
29

10

+

534

42

+

15

114

40
1

—

—

—

•—

524
606

6,168
4,364
247

13

+

83

17

+

152

2,089

—

29

120

+
—

51
29

U.

+

39,723

deposits fidju*tcd
deposits

Government deposits

Debits

to

or

+

10,757

1,313

—

8,447

—

+

13

996

+

320

791

—10,403

100

Gas

Oil

3Vi %

2420

Jun

12

Jun

1

2675
2420

16

•

stock

1st

242®

"

2803

July

1

•

July
Jun

1

2676

1

2550

Jun 12
stock—July 1

2804

1962:

stock

Co.—

preferred
1960

$3.75

Co.,

mtge.

2676

3s,

Jun

Jun

due

ISSUE

1958

2459
2461

Page

Jun

1

2661

1

1717

30
July 1
July 1
Jun
1

.„

1

Date

due

1

July

debentures,

Algoma
5%

Steel

2793
*

CALLED
->r

Antilla
P.

Sugar

1947

stock
Co.—

Securities

European

W.

due

Ltd.—

preference

preferred

$4.50

bonds,

distribution

4%

Corp.,

convertible

American

A.

trust

stock,

Estates,

series

Jun

B

income debs,

6%

due

1951

Inc., 6% convertible notes
Bell Telephone Co. of Canada, 1st mtge. 5s, series B
Paper Co.,

5%>%

1722
1583
*
112142
2662

Jun 30
Butte Electric & Power Co., 1st mtge. 5s, due 1951—Any time
Capital Traction Co., 1st mtge. 5s, due 1947
Any time

Bridgeport

Brass

Co.,

Cincinnati

Union

Terminal

\

preferred stock

Co.—

3 %%

1st

2%%

mtge.

3V2%

Jun

due

6

2544

Jun

bonds,
bonds,

debentures,

1
1

»

Aug

15

2796

Aug

series E, due 1969
series G. due 1974
Consolidated Edison Co. of New York, Inc.—
1st mtge.

1948

Co., Ltd.—
mortgage 21/2s, 3'/2s,

1st

East

and

344

—

24

1,301
89

demand

Hen

1st

Eastern
1st

S.

Gov't

collat.

Gas

—

+

61

—

Fuel

&

and

*

,

—Jun 20 •

1948-

due

A,

bonds, due 1965—July

1

*

July

3 '/2 %

1

*

July
-—Jun

1
1

*
2546

1
9

2546
2670

York Power Corp.—

New

3'As, due 1961
Park Transportation

mortgage

mortgage 5s,

Fuller

(George

Fulton

Market

1st

due

A.)

Co.,

convertible

$3

Cold Storage

bonds, due 1954
Jun
debentures, due 1956„„s—Jun

3 '/2 %

Inc.,

stock

Co.—

mortgage leasehold 6%

Goodall-Sanford,

Co.—

1957

Great Northern Ry.—

4Va %

gen.

1st

Telephone

debenture

2546

I

2278

Sep

debs., ser. A_Jun

1
1

1869
2672

Sep

1

112900

Telegraph Corp.—

&

bonds, due 1952

Valley Gas Co.—
5% bonds

mtge.

London

6%
New

1

July

mtge. gold bonds, series E, due 1977^^,—JUly

International

Canadian Investment

Power

debenture

bonds, series A,

Amsterdam

Gas

consolidated

1st

Corp., 4'/2%

Co.—

due 2022

Co.—

due 1948
Anytime
New York Gas & Electric Light, Heat & Power Co.—
1st mortgage 5%
bonds, due 1948
Anytime
Purchase money 4% bonds, due 1949
Anytime
Continent

North

mortgage

Utilities

5s,

1st Hen collat. & ref. 5'/2%

bonds, series A, due 1948_July
1st mtge. 4'As, due 1965_Jun

Orange County Telephone Co.,
Philadelphia

Co.,

Pittston

collat,

Co.,

4'A %

collat.

trust

trust

due

bonds,

1961_July

Power

&

4s,

-

Pacific

1st

1

2418
2005
*
*
2318
2804
*

1

t2490

Anytime

2715

—July

*>.
2468

July

RR.—

Merchants

grant 4s, due 1947
Manufacturers, Inc.—

and land

mortgage RR.

&

73

Wisconsin

5%

1
Jun 30

,

Service

Public

mortgage 3 'A %

1st

2004
2004

Light Co.—

gold debenture bonds, series A, due 2022

6%

1
1

July 1
Jun 15
Jun 30
July 15

due 1961
Producers Corp. of Nevada, preferred stock
Sloss-Sheffield Steel & Iron Co., preferred stock
Standard Oil Co.
(Ohio), 33A% preferred stock

Union

2004

Corp.—

33

Corp.—

bonds,

in. this

♦Announcement

accounts,

2797

Associates—

mortgage & collat. trust

Eastern

1948-1958

due

4s,

Co.—

series

4s,

preferred stock.
Vicksburg Bridge Co., 1st mtge. bonds, due 1968

800

deposit accounts except
U.

Public Service

Coast

due

issue,

July

1971
tin Vol.

HVol.

161.

1

«

164.

16,054

week

'

Holdings of Treasury bills increased $145,000,000 in

DIVIDENDS

Redemption Galis and Sinking Fund
Dividends

Notices
Below will be found

a

list of corporate

bonds, notes,

and common stocks called for redemption,
those called under sinking fund provisions,
The date indicates the redemption or last date for mak¬

preferred
including

ing tenders, and the page number gives the location in

"Chronicle."

grouped in two separate tables. In thei
first we bring together all the dividends announced the
current week.
Then we follow with a second table in:,
which we show the dividends previously announced, but
which have not yet been paid. Further details and rec-i 1
ord of past dividend payments in many cases; are given ;
under the company name in our "General Corporation
and Investment News Department" in the week when
are

declared.
NOTICES

Company
American

OF

TENDER

Date

and Issue—

General

Corp.,

common

stock

Co., 1st mtge. 7s, due 1941
Fonda, Johnstown & Gloversville RR.—
1st mortgage 4s, series A, due 1991
Manati Sugar Co., 4%
bonds, due 1957
Caribbean Sugar

Transportation Co.—
Consol. mortgage 3%-6%
bonds,
Pullman, Inc., capital stock

.

Jun 30
—Jun 11

Jun
Jun

3
9

Page
2129
*

2413
2800

Philadelphia

series A, due 2039-Jun 13
Jun 16

2675
2803

PARTIAL REDEMPTION

I
Company and Issue—
Abell
(A. E.)
Co.,
1st mtge.
American




Collateral

United

banks

carrying other securities de¬

$34,000,000; these changes were* largely in New

City.

2420

1

1949

1st mtge. 5s, due

ENTIRE

Texas

Liabilities—

de¬

$97,000,000; the principal
$53,000,000 in New York City. Loans to

Government

—

1

3,466

which the details were given in the

nearly all districts and the total decrease at all

brokers and dealers for
purchasing
States

de¬

j

reporting member banks
decrease

+

10,130

Banks

domestic banks

Demand

B.

1

Jun

43.6%

The condition statement of weekly reporting member
of the Federal Reserve System in 101 leading

an

4,249
2,446

indebtedness

vault

Balances with

during

banks

$344,000,000
banks, and

754

+

+
—

27,229

interbank

re¬

Condition Statement of Member Banks

ended

+
—

656

Borrowings

combined

cities shows the

36
34

—

2,417

Foreign banks

6,797

deposit and F. R.

liabilities

+

106

securities

in

—

1,755

loans

bonds

Other

2803

1

Jun

Company and Issue—

Nebraska

428

loans

Domestic

indus¬

certificate

3,295

Interbank demand deposits:

cor¬

5,703

gold

to

44,307,878

bills

trial loans

Ratio

+
—

475

securities

Treasury bills
Treasury certificates of
Treasury notes

27,428

34,734

540

■

364

carrying:
obligations

Government

S.

Other

2419

1

Adams Express Co.—

Lebanon

«,

Time

Other

+

358,355

35,828

13b)
accounts

182,003

27,455

(Section

Surplus

191.355

439,823

;

97

pur¬

Loans to banks

Cash

paid in
Surplus (Section 7)

for

securities

Other

Reserve

Capital Accounts-

Capital

2,035

Other loans for purchasing or

680,516

Foreign

751,052
402,724

Member

Co.,

4>/2%

obligations

Government

Other

9,267

+

60

carrying:

or

S.

U.

24,066,413

24,002,215

24,110,158

notes:

Reserve

Deposits:

Tealers

and

brokers

to

chasing
Liabilities—

—

121

and agricultural

Industrial,

Commercial,

1946

1947

54,893

Since

May 22,

May 14,

1947

Assets—

43,779,469

assets

Total assets

1

Jun

1973

due

Inc.,

1st

Increase (+) or

23,231,747

21,794,899

102

foreign banks

&

Fairmount

(Iu millions of dollars)

21,721,583

securities™

and

loans

Due from

Co.,

1st

22,982,592

21,676,237

21,589,821

.Total U. S. Govt, securities™

2802

Cooksville

Borrowings declined $65,000,000 in New York City and
$61,000,000 at all reporting member banks, and in¬
creased $17,000,000 in the Chicago District.
A summary of the assets and liabilities of reporting
member banks follows:

'

debs., due

preferred

Electric &

Associated

Edison

all reporting member

$26,000,000 in the Chicago District.

4%

Co.,

mortgage 35/8s,

Tide

*

3

Hampshire—

3Vis, series A
4Vi% preferred

Electric

Carolina

1st

New

(Jacob),

Paulo

*

Jun

Co., of Colorado, 4%

4.007500

1879

Jun

Service

.233628

*

22

Jun

1956

Service

4.007500

1

jUn

due

Public

banks and decreased

Deer. Since—

1947

$

series A,

*

1

1938_July 24

stock

Public

.658300*

thousands of dollars)

Assets—

pfd.

conv.

.278221

.562620*

Reserve Banks Combined
or

Co.,$2.50

*

1

Jun

dated

.040201

4.007500

New York

May 21,

debentures,

.091324

Wilson

—Inc.

stock

.278221

•Nominal rate.

Mav 28,

inc.

Co.,

preferred

«»

1

July

.040151

Toledo

(In

Corp.,

l

July
July

.091324

.201596

rsjnnn*

Federal

1593

July

.278171

.201596

<058300
.562620

Statement of Condition of the 12

2672

1

,

Co.—

Sherwin-Williams
•

2417

Jun

July

.040163

.201596

.233628

Noncontrolied

1

1

__

.091324

3.221833

Closed

Jun

July

.278242

.913750

3.221833

.201596

/$$$
4.007500

Uruguay, peso—
Controlled—

2672

1958

.091324

.922708

3.221833

2415

2809

Jun

.040151

.920000

'$$$

1

15

1947

15,

series, due 1950
series B, due 1950
1st mortgage 4'/a % bonds, series
C, due 1950
Poli-New England Theatres, Inc.—
1st mortgage bonds, due
1958

1.000000

n2mn§
-040107

*-

Bpain, peseta
Sweden, krona
Switzerland, franc
Union of South Africa, pound

Steel

2671
2799

Properties, Inc., debs., due
1st mtge. 7s, due 1954

4Vis,

2413

1

2547

Dec.

Leather

mortgage

*

1

15

mortgage bonds, 4Vi %
1st mortgage 4Vi% bonds,

3.221833

Closed

1

1

Co.,

Hotel

2797
2664

6

1st

1.000000

1.000000

.921250

3'oni59fi

pound
Norway, krone
Portugal, escudo

6s_;

Pennsylvania Glass Sand Corp.—
1st mortgage 3Vis, due 1960
Phillips Electrical Works, Ltd.—

1.000000

.922916

Zealand,

income

2664

1
1

Jun

Mortgage

Roosevelt

Pittsburgh

; 000000

_

Vernon

Northwestern

.377596

.205751

New

.jhdoj

Netherlands, guilder

New

.020060

4.027343

Closed

-008408
-JOibOi
-2057Jo

(Metropolitan) franc

France

3J/a %

.020060

.208658

Czechoslovakia, koruna

3 Va %

.569800*

.020060

0S0"

Colombia, peso

2795

preferred stock, series A__Jun
sinking fund notes, due 1954- Jun

series, due Feb. 1, 1956
series, due May 15, 1960
series, due July 1, 1961
series, due Jan. 1, 1963
series, due Jan. 1, 1973

3 Va 7n
3 V2V0

.569800*

569800*

Ice

mtge.

Transfer

3 V2 %

Free

.569800*

2

Ry., 1st mtge. 3%% bonds
Montreal Light, Heat & Power ConsolidatedFirst mortgage & collat.
trust bonds—

Brazil, cruzeiro

1.000000

jun

2nd

due

5s,

National

Minnesota

.054406

Oft^aiof0llarOfficial

2664

preferred

gen.

4%

Co.,

mortgage

Metropolitan

.054406

Belgian, franc

2

stock
Aug
trust 4s, due- 1956—,I~~~Jun
1st mtge. conv. 6s, due 1950
July

Co.,

Johnson,

Brothers

1st

3.203953

.022831
•

Hotel
&

Merchants

3.208953

.022832

'022899

18(52

jun

collat.

5 %
Lafayette Hotel Co.—

$

$

3.208953

Closed

900190

o

due

Corp.,

Pitt

Johnson

May 29

May 28

.297733'"

251247*

""

Free—-——-—

1

Bridge Works,
Union Depot Co., 1st mtge.
33/4s, due 1965_Jun
Inter City Baking Co., Ltd., 1st mtge. 5Vis, series A
July
Iowa Electric Co., 1st mtge. 4s, series A, due 1961
Jun

.251247*

297733*

jUn

Street

Jefferson

$

t

"

2

_

May 27

May 26

Page

1958-Jun

series A
Oct. 1, 1952

4 V» %

Co.,

Coal

Fort

New York

Buying Rate for Cable Transfers in
Value In United States Money

bonds,

Products

Horn

Fort

INCLUSIVE

MAY 29, 1947,

1947 TO

due

Co., Ltd.—
mortgage bonds,

series

1939

BANKI TO TREASURY UNDER TARIFF ACT OF 1930

FEDERAL

debs.,

Coal

1st

4>/2%
Ekco

Noon

Argentina, peso—

mtge.

Dominion

Monetary Unit

Country and

4 'As,

Elk

23,

MAY

5%

Telephone Co.—
series A, due 1961

Independent

1st

passed:

CERTIFIED BY

EXCHANGE RATES

FOREIGN

buying rate for cable

of the Treasury the

to the Secretary

Date

Ltd.,

Hotels,

Citizens

the Federal Reserve Bank certifies daily

of the Tariff Act of 1930,

of Section 522

the reauirements

Pursuant tn

Indies

Canada-West

.Bell

&

Bemberg

Howell

Co.,

Corp.,

bonds, dated 1910
4'/2% preferred stock

4'A% .preferred stock

The

July
July
Jun

Page

1
1

2406
1723

this

week

Name of Company

Abercrombie

are:
When

share

Fitch $6 pfd.
(s-a)
Adam Hat Stores
(quar.)
Addressograph-Multigraph Corp, (quar.)_
&

Aetna Standard Engineering

5%

preferred

Alabama

4'A%

Power

Inc.

com.

Co.

com.

&

Ludlum
&

7-

1

6-20

7-

1

6-16

7-10

6-19>

iijB-15 Iu5-31

15c
$1,25

4.20%

pfd.

6-30

6-21

$1.05
37'Ac

7-

1

7-

1

6-13
6-10

$1.06'A

7-

1

6-10

50c

6-16

40c

6-30

6- 2
6-10
6-i 6

(quar.)™™

(quar.)

(quar.) iU™-I_:
Baldwin, Ltd._T™™_'

Chemical

$3
15c

(quar.)

preferred

Allegheny
Allied

Co.

Holdera

Payable of Reo.

50c

(quar.)

Alexander

1

announced

Per

Alden's,

Date

dividends

Steel

Corp.

Dye

(quar.)

v

(quar.)
,™

„

„

$1,50

-

-6-20

Number 4599

165

(2965)
Per

Name of

Company

Products

Share

(quar.)

Corp.

Special

When

Holdert
Name of

Payable of Rec.
7-

1

6-14

Dixie

7-

1

6-14

75c

6-25

6- 6

50c

& Logan Valley Electric Ry. Co.—
Semi-annually
:—i—
American Agricultural Chemical
(quar.)___

6-27

6-13

-

Ice

Dome

6%

Note,

preferred

American

5%

Chain

American

com.

American

European SecuritiesFactors, Ltd.

American

General

American

Conv.

Insurance

Insulator

prior

American

Corp.
(s-a)

pfd.

optical Co.

,

(quar.)

of

%

7

6%

Snuff

Co.,,

American

(N.

(quar.)

common

(quar.)

Gas,

10c

Colleries

Baker-Raulang

Bausch

&

4

%

pfd.

Beech

Belknap

Co.

Black

Sivalls

41/4%

&

preferred

Boston

Garden-Arena

Boston

6%

Woven

pfd.

6%

7%
Burd

—

Buffalo

Bunte

Iron
com.

.

Byrndun

&

7-

9

6-25

Financial

9

6-25

First

6-16

5-26

Glass

Follansbee

7-

1

6-16

(quar.)
(increased)

Co.

Drive. Auto

6-

1

5-17

7-26

6-

6

6-12

5-28
5-23

General

6-16

6-2

New

6-30

6-16

General

35c

6-30

6-12

General

15c

6-10

6-10

Gentry,

6-18

6-

Glen

2

35c

7-

1

6-12

$1.75

7-

1

6-12

15c

6-12

6-

6-10

Gold

Graflex,

7-

3

6-18
6-18

6-18

Participating

non-cum.

Canadian
60c

(s-a).

Canners,

(quar.).

1st

General

Case

6 %

&

Oil

Co.

Suburban

,

Clorox

Worsted

Chemical

Coleman

Co.,

414%
50c

Commonwealth &

partic.

Extra

(quar.)__

Inc.

preferred

_:'

Crane
Cross

of

—.

—...—.......
...

(quar.)
—.....

Management

...

(quar.)

,(N.

(quar.)..

Corp. (irreg.)
Fisher Stores, (quar.)

Decca

Records,

Inc.

Hudson

&

Power •&

(quar.)

$3.70

5

Dauch

class

Electric

A

1
4 *

6-2

(s-a)—.




___

Co.

6-30
6-30
1

6-

7-

1

6-20

$2

6-20

6-10

Co.,

International

Salt

5-29

International

Silver

7-

1

6-16

Investment

50c

7-

1

6-16

Investors

6-10

6-2

Co.

30c

6-16
7-

1

6-

2

3.30 7c,-

6-20

Class

1

6-20

Jeannette

1

9-20

6-30

6-13

7-3

30c

6-14

5-29

6-19

6-

17140

6-

1

9

5-10

6-23

6-

35c

7r

6-10

1

6

13%c

6-16

55c

6-24

6-14

12(40

6-2

5-31

6-25

6-10

6-10

Joseph

47c

6-14

$1

7-1

6-16

6%

7-

6-23

Leonard
Lincoln

Leader

6-16

67c

6-30

6-10

67c

6-

1

5-20

$1.25

6-14

6-14

25c

6-16

6-

25c

6-16

6-

5

5

Feiss

6-

2

5-22

National

Tea

6-

17c

Nazareth Cement Co.
New

England

New

Haven

6-20

6-28

6-

3

New York

6-20

6-

5

New

7-

1

6-16

7-

1

6-16

7-

2

6-13

No-Sag

6-26

6-16

Northern
Ohio

Water

&

York

7%

Co.

Harlem

State

Spring

pfd.

Co.

&

6-16

Ontario

1

7-16

6-

7„

6-

7

7-

25g

1

6-25
6-30
7-

1

6-20
6-11
6-

5

6-18

25c

6-13

6-

31V2C

6-12

5-29

7-

1

pfd.

6-16

Plymouth

6-30

6-16

Poindexter

7-10

6-25

40c

6-20

6-10

$3

7-

1

6-11

6-10
7-

1

66-

6

6-28

6-

1

6-16*

7-

1

25c

7-

1

6-14

6-20

5-29

5%

7-

4%

Corp.

com.

Puget

$5 prior

Chemical

7-

1

6-36

$3.50

7-

1

6-16

Ralston

7-

1

6-13

3%!%

7-

1

6-13

6-10

5-31

7-

6-16

1

7-15

6-30

20c

7-

1

6-16

7-

1

6-16

6-10

5-27

6-30

6-10

7-

2

7

5-26.

6%

6-14

7-

1

6-14

8-

1

6-14

8-15

8-

7-1

6-4

7-

$3.50

6-4

13c

1

7-

$1.50

1

7-

$2.50

5

6-16

1

6-14

1

6-13

7-

Co.—
7-1

6-9

6-30

6-20

6-14

6-

4

30c

6-20

6-

6

6-30

6-10

$1,10

7-

:

$37%c

(quar.)

2

7-

$1.50

1

6-20

$1.25

6-12

5c

6-13

5-31
6-16
6-24
6-

9

6-

5

6-18

15c

6-

6-

20c

(quar.)

5-20

5-31

7-

$1.50

com.

2

6-14

}$1.25

(irreg.)
(quar.)

1

6-

6-14

56%c

tl83/4C

5-2Q

1

7-25

4

7-10

35c

7-

1

6-13

$1.25

:

7-

1

6-13

(quar.)___

40c

7-1

6-9

$1.75

7-

1

6-10

$1.75

Co.

7-

8

6-10

Railway—
—___

(quar,)______

&

Sons

25c

7-15

6-30

$3

7-1

6-1

Merchandising
—

Co.

$3

(quar.)

7-1

1

6-

$3

Ritter

6-12

5-31

9-12

8-30

8IV2C

6-12

5-31

87%

9-12

8-30

c

Co.—

5%

6-16

6-

6

5

7- 5

7-1

7-1

$1.

6-24

50c

6-24

$1.25

7-15

6-23

$1.50

7-10

6-12

$1.50

8-30

8-

$3
$3.50

6-18

5-28

(quar.)

common,.___

—_

preferred

Ruberoid

Ltd.

50c

Heating

(quar.)——-

(quar.)

San

Jose

4%%
Sarnia
Scott

Public
Water

Lighting

(quar.)
pfd. (quar.)—

Service

preferred A

$3.65

Co., Ltd.
Williams, Inc.

Mfg.

Co.

preferred

class

com.

6-16
7- 1

5-30

com.

(quar.)

(interim)
(quar.)
(quar.)

(quar.)

9-20
6-10

6

6- 6
9-10
6-

2

6-14

5-31

50c

7-1

6-18

$1.25

7-

1

6-18

6-20

6-

5

10c

6-20

6-

5

7-

6-25*

2

7-23

6-

3

6-25

6-10

$1

7-

1

6-10

$$1.06

6-11

—

1

6-

2

6-13

6-

50c

7-

1

6-10

$0.296875

—

7-

15c
25c

(initial)

A

(quar.)

Bridge
&

25c
tl5c

w

50c

—

Works

6-

20%

Saguenay Power, Ltd, 414%
Helen's Pulp & Paper new com.
Louis

6-13
6-19

6-16

60c

St.

St.

1

7-10

30c

10c

(s-a)

&

7-

50c

30c

(final)

Company

Safety Car

5-28
5-30
6-9

10c

-

Co.

6-18
6-12

7-1

12%c

j.——-

Extra

Metal

1

37%c

(increased) __—:_

Co.

6-12

93%c

(quar.)

Paper

6-12

Corp.—

(accum.) _—_:
com.
(quar.)

Co",

.

50c

com.

convertible

Raisin

River

Scovill
17 %C

5

7-

7-15

(quar.)

Company,

2

5-24

7-

$1.25

—

6-

5-31

6-9

7-15

Republic Petroleum Co.
(quar.)__
Riegal Paper Corp.
(quar.)
Riley Stoker Corp. (quar.)

7-

8-30

7-9
7-15

Oklahoma—

Textiles, Ltd. Class A

Rolls-Royce

2

f3c

25c

.

Renfrew

2

6-

Co.

Regal Shoe Co.

6-

6-12

6-20

Raynier, Inc., $2 conv. pfd. (quar.)
Reading Company 4% 2nd pfd. (quar.)_
Reed-Prentice
Corp.
(quar.)—.—________

6-12

9-12

6-20

1

(quar.)

preferred

Riverside

5-29

1

7-

__—.—

of

preferred

5-28

1

7-

5c

—;—

(quar.)
Co.

Purina

6-13

6-23

15c

(interim)

& Utilities Investing
preferred
(accum.)

6-14

37 %c

——_.

7-14

1

(quar.) i__

;

Products

preferred

6-30

37% c

(quar.)_^_'

9

6-

1

7-

(s-a)

Railway

6-14

6-

25c

____

9

8-

—_——

pref.

Oats

$1.50

25c

partic. pfd.
(quar.)
partic. pfd. (quar.)
prior pfd.
(quar.)
prior pfd. (quar.)

6

6-

6-30

(quar.)
Corp., common voting—
non-voting
Sound
Power
&
Light—

6-16

5c

(quar.)

6-17

3

50c

preferred

6-30

$2

(quar.)

6-

7-

6-30

Common

6-14

12 %c

Refineries, Inc.

6-18

25c

Publication

6c

Corp.
(qar.)
(quar.)_

6-6

5-29

25c

40c

com.

Co.

common

Service

5-20

7c

(s-a)

6-6

7-2
6-15

20c

(quar.)
T.)

preferred

1

50%
Leather

6-2

7-21

7-2

25c

B

Public

6-10

15c

dividend)

8-* 1

$50c

53%c

& Chicago

preferred

Class

6-12

5c

(cash

"40c

(quar,)"

(quar.)

pfd.

Proprietary Mines, Ltd.
Prosperity Co. Class A

6

7-

433/4C

$1.25

(s-a)__

6-30

6-16

Extra

9

6-28

75c

$1

pfd,

6%

Rubber

Prestiss-Wabers

5-31

$4

Wilkes-Barre

preferred

15c

Ry.-Co.—

Co.

Co.,

(H,

6-12

——

25c

(initial

Service

Co.,

6-14

10c

Corp.' 67o

Enterprises
&

6-10

6-30

Debenture

preferred

6-30

6-20

&

1

6-30

quar.)_

;

Pittsburgh Ft. Wayne
Common (quar.)

6%

6-26

6-

7-15

com.

preferred (quar.)
Peoples Drug Stores, Inc.

7%

1

7-15

Brush

10c

$1.75

com.

6-20

(quar.)

5%

50c

(quar.)

6-13

7-

12%c

Penn Traffic Co. (s-a) —:
Pennsylvania Glass Sand Corp.

Quaker

.___!

6-24

Co., Inc
:
Coast Aggregates (quar.)
Package. Machinery Co. _-.

$1.50

Co.

7-15

50c

Pacific

6-13

$1

6

Elevator
Fibre

50c

(quar.)

$48c

.

Lean

5

6-6
6-6

50c

Orpheum Co., Inc. (Seattle)

1

6-

1

50c

2

1

7-

7-1

62%c

(quar.)

Service__:

7-

7-

7-15

$20c

_

Gas

Ohrbach's, Inc. $2.25 pfd. A
Oneida, Ltd. com, (quar;)
6% preferred (quar.)

$1.25

com.

50c

$1.75

40c

8-

82V2c

com.

6-14

93%c

6-16

Co.—

A

1

(quar.)
Public

5-29

7c

Class

7-

(s-a)

Co.

5-29

Co.

pfd.

6-14
6-19

(s-a)

RR.

Electric

Indiana

Edison

6-14

1

1

(quar.)

Insurance

2

7-

1

7-

50c

Fire

6-10

Ox

7-

7-

;

7-

$1

(quar.)

$10c

/quar.)

3%% preferred (quar.)
Nopco Chemical Co.

Otis

6-14

50c

6-10

2

1

87%c

...

(quar.)

6-16

6-

6-20

7-

$1.50

6-12

6-16

2

(quar.)______

Co.

6-26

$1

(irreg.)

(quar.)
(quar.)_

common

6-26

$2

(quar.)

C.)

Lindsay Light &
17o

Natomas

6-

25c

2

7-

62%c

(quar.)

pfd.

6-20

$50

6-14

25%

4%%

5-22

4.40%

6-

Co.—

1

40c

com.

(quar.)__

(quar.)

21

5-29

6-21,

6-17

$15c

__

(quar.)"

2

2

7-

7-15

$44c

Cooker

7-

Lines—

Fund

Co.

Tool

(A.

Common

77c

com.

7-

50c

(quar.)

(quar.)

dividend

62 V2 c

(s-a)
(quar.)_

1

5'

$1

Ltd.,"

15c

25c

preferred

6-17

$75c

(increased

$5c

$1

Leased

1

Co.

$2.50

$1.75

______

7-

25c

dividend

6-20'
7-

4c

25c

(quar.)

pfd. A.

Lehigh

Co.

Pressure

Stock

9

6-20'

6-17'

(quar.)

preferred B

Cash

6-30

30c

National-Standard

2

5-23

2

37 %c

$1.12%

(increased quar.)

dividend

Lawrence

6-10

6-

Inc.—

com.

Glass

Gas Light

Stock

5-28

6-14

67c

National

6-

6-30

1

com.

12 %c

Co., 7% pfd. (quar.)
America (quar.)

Lansing Stamping Co.

6-30

6

5-31

1'

6-

$25c

Extra

6

6-

50c

___,

Bridge System

Mill

Kut-Kwick

Laclede

6-30

6-

6-14

6-

6-14

1

6-23

7-15

Casualty (Detroit)

National Lead

6-16

7-

Co.

preferred

$30c

(qi)ar.)

non-cum.

Kilburn

6-20

6-14

6-14

9

7-

7%c

(quar.)
National Gas & Electric
Corp
National Gypsum Co.
(irreg.)

2

6-

20c

common

25c

Kansas-Nebraska Natural Gas
Co., Inc.
$5 preferred
(quar.)

92%c

6-

2

25c

com.

$1,25

(quar.)_

Inc. (initial)
City Southern

6-

2

B

&

Kansas

6-16

$$2.50

3

6-20

25c

(quar.)
Suuply Co. com.

preferred

6-30

5

9

5-20"

20c1

67c

$1

preferred

7-

1

System, Inc.

Breweries;

35c

Co.

Light

Water

10-

8-

&

River

17o

Mutual

National

6-

6-10'

6-

35c

pfd.

preferred

6-10*

50c

Co.

Co.

of

preferred

James

Co.

Lines,"

convertible

Brass

20c

com.

6 7c

Selective

Power

Jamaica
$5

Moore-McCormack

25c

_________

1

&

Mueller

6-14

(quar.)

(quar.)

6-12

7-

Ward

1

5-12

6-26

6-20

56V4C

A
(quar.)
Locomotive Works, Ltd.
Montreal
Telegraph Co.
(quar.)

7-

6-

6-12'

;

Class

1

:

RR.

6-12

6-16

Montgomery

Battery Co.

6-25

6-12'

1

(quar.)

$3.50 pfd.

National

5-26

1

7-

$1.50
'

Montreal

7-

Co.,

Inc.

25c

$3

Chemical Co.

6-10*

6-27

7-31

7-

75c

com.

4%%
preference
(initial)
Monroe Auto Equipment 57o

National

9

8-15

'"

6-20

6-5

6-

20c

(quar.)

1

10c

(irreg.)____

Paper Co.
preferred
(quar.)

Iowa

pfd.

7-

6-14

6-30

75c

preferred (quar.)
Nashawena
Mills

$1.25

I
9

15c

6-14

4

5

76-

20c

7-25

6-

6-

7-15
6-30

$1.62%

Extra

$2.50

6-15-

$1.75

Gom

40c

43 %C

Gas

37%c

6-10

3

Co.

25c

.

53%c

6-30

6-16

6-12

35c

Brewing Co.
Modern Containers, Ltd.
(quar.)
Monarch Knitting
Co.,, Ltd., com.

$7

6-18

1

87%c

J.) com.
(quar.)
preferred (s-a) ___;

Monroe

6-18

1

7-

2%c

Co.

$1.50

(quar.)

International

50c

6-16

(quar.)

Minneapolis

6-16

7-

class

(quar.)

Ingersoll-Rand

6- ,6

9

6-13

20c

4%
guaranteed (s-a)
Industrial Wire Cloth Products
Corp.

$4

6-

28Vac '

(quar.)

Co

Co.

7-

6-14

6-16
6-30
6-30

Co.

Central

6-16

$1

...

10c
30c

37 %c

(increased)

(quar.)

Co.

Motors

Cement

6-

6-25

4

5

20c

Ideal

25c

2

6-

25c

Corp.

(Harvey),

30c

6-12

6-12

(quar.):

5

$1.50

(quar.)

20c

(quar.)

$1.13

6-

6-16

1

10c

Paper

preferred

Hubbell

$1

pfd.

pfd.

Extra

6-

57c

6-

7-

50c

A

Furnace

pfd.

Howell

6-10

6-16

35c

2%

(quar.)
Corp.
(quar.)

Steel

Houston Natural

25c

—

Co...(quar.)

Light

(initial quar.),
Dempster Mill Mfg. Co. (quar.)
Denver Tramway Corp.,
1st. pfd.
etroit Steel Corp.
(quar.)
$4

6-20

26

6-20

2%c

9

2

$10c

(quar.)

20c

Powder

&

50c

...

Delaware

5-20
6-12
5

6-30

15c

(quar.), ______________
Hollander (A.) &
Sons, Inc. (quar.)
Hollingsworth & Whitney com.
(increased)
$4

7-22

35c

;

Hercules

$25c

(quar.)

Dayton & Michigan RR. Co., 8% pfd. (quar.)
Debenture & Securities Corp. of Canada—
5%
preference
(s-a)
Delaware

1

25c

Cigar

Ltd.

6-

6-26
6-1

40c
—.—

G.

Frere,

5

2

6-16

50c

com/

Cement

Holland

1

1

Co.

Wholesale

Hercules
Hinde

7-

25c

(Geo. W.) Co., common
preferred (quar.)

17c

6-13

6-20

$1

Helme

6-14

(quar.)

preferred

6-12

25c

(quar.)

6-16

17o

preferred (quar.).
Consolidated Publications,

7 7c

Joyce,

...—....—.

Inc.

—

B

4V2%

6-12

6-

50c

Fibre,

6-16

1

57o

6-16

6-30

7-

60c

(quar.)

5c

Class

1

1

Y.) —

(Reading, Pa.)

1

7-

,

Corp. of America

7-1

6-

$1.25

(quar.)

7-

20c

A

6-30

6-

$10c

(quar.)

(quar.)

75c

Extra

10c

Co.

5

Co.
(increased)
dividend)

Printing

preferred

7-

7-

10c

(quar.)

6-

Class

6-

$1

Ltd.

_—;

6-20

6-30

Co.

Manufacturing

Extra

4%% conv.
Milliron's (D.

34%C

(s-a);

Company

Hearst

Miller

6-17

9

6-30
6-16

35c

(quar.)"

Water

Miller-Wohl

Co

Works

preferred

10c

(quar.)

Curtis

&

3

6-20

10c

D.

&

7-

6-

Corp.

........

conv. pfd.
(quar.)
Publishing
(quar.)
(Helene) Industries, 50c pfd. A (quar.)

David

6-10

5

6-13

35c

Company 5%.%

Daniels

F.)

Harrison

Hat

6-17

6-30

2

6-

$2.50

9

com.

$1.50

...—_

(s-a)

_______

America,

(W.

$5

6-30

6214 c

—__

—

Telegraph

Inc.

Illinois

Crowell-Collier

W.

6-

6-14

6-

Co.. (quar.) '—

Creameries

2
1

6-10

(participating),
Corp....
Southern, $6 pfd. (accum.)

Corporation

Cory

77-

7-15

,

Consumers Gas Cor.
Continent-Diamond

130c

6-20

common..-.

Edison

preferred

6-5

Telephone—

(quar.).
Consolidated Cigar Corp. (quar.)
$5

7-2

(quar.)—___—25c

preferred

Consolidated

t55c

$3

(quar.)—...—_—.—Co., common
(quar.)

com.

40c

6-7

81

>_,■■

40c

6-7

$1.50

...

Connohio,

6-7

$1.75

Bell

Investment

Semi-annually

7

50c

Solvents

Connecticut

6-6
6-

6-7

10c

Mills

Inc.,

preferred

Commercial

2

15c

Co.

Co.

Columbia

Baking
preferred

7-

7-2

7-2

50c

.

Quarries

Cleveland

6-14

7-2

40c

—,—

Quarterly
—_
City & Suburban Homes
Cleveland

2

7-2

$1.75

(quar.)

Cotton

Cincinnati

(quar.):

6-13

____—25c

Chicago Burlington & Quincy
Chicago Dock & Canal (quar.)
Chicago Towel Co. com. (quar.)
preference

com.

1

7-2

Middlesex

5-29

25c

(quar.)

Co.,

(quar.) _:
;
Sugar 6% pfd. "(accum.)

6-10

6-

6-30

lOc

preferred

6-

(extra)

com.

Tubes

Stock

67c

6-16

6-10

$1.75

Common

Michigan

6-30

30c

77-

7

1

25c

Graupner (Robert H.), Inc. 6% pfd. (quar.)
Greening <B.) Wire, Ltd./(quar.)____—
Grinnell Corp.
Group No. 1 Oil Corp.

4%

7

6-

1

6-15

—_______

(stock

preferred

Hall

7

6-

7-

5-31

(quar.)___

Haloid

t$2

(quar.).

—...

Charleston Transit Co.

,

6-

6-23

1

Equipment

Coal

Steel
&

57c

7-

6-16

1

6-16

37%c

Linotype Co.
Metal Forming Corp.
Meyer (H. H.) Packing 6%% pfd.
(quar.)__
Michigan Associated Telephone Co.—
I

7-

Harding Carpets, Ltd. (increased s-a)
Harris-Seybold Co., common (irreg.),

$5c
'

Catalin Corp. of America (quar.)
Chamberlin Co. of America
Chapman Valve Mfg.
(quar.)

Chickasha

1

Ltd.

6-13

$15c

(increased).

I.). Company com....!
preferred (quar.)

7%

7-

$25c

(J,

7%

4

1

75c

pfd.

com.

77.

37%c

Mergenthaler

6-15

—

4-26

$3H4c

...

—'

—....

Electric

6-

Company

preferred

6-30

(increased)

Harrisburg

—

Capital City Products
Capital Transit Co. (quar.)

6-10

&

6-9

10c

;

$3.50

7-15

5-13

88c

common

Extra

40c

1

$25c

(quar.)
com.

1

6-13

50c

7-

6-16

$15c

preferred

Participating
1
Canadian
Cottons, Ltd.,
6%
preferred (quar.)
Canadian

6-18
6-18

t$2

(s-a)

com.
(quar.)
(quar.)—

7-

25c

$1.0614

....

Participating
5%

.

3

3

10c

Ltd.

pfd.

7-

7-

$76c

——

9-15

Robbins,

2%c

15c

pfd..—

common

preferred

non-cum.

6-18

25c
25c

...

Globe

Co.

Distilleries,

B

7-21

3

Mortgage Corp.
Canada Steamship Lines, Ltd.—

1

&

$4
preferred
(quar.)
MacMillan (H. R.) Export

$1.06 y4

Co.

(quar.)

Knitting

5-29

3

Permanent

10-

62 %c

(quar.)

Refractories

Class

6-20

$2.50

(quar.)__

Co.

Precision

Glenmore

6-12

(s-a)...

pfd.

Transportation

Inc.

Inc.

8-1

3

5.%

Merck

6-16

McKesson

10c

Corp.—
(initial quar.).:

Alden

25c

____

(quar.)

Mercantile Stores Co. 7%

6-16

1

Phoenix

com.

Globe

2

7-

preferred

2

7-

____

(quar.)'

pfd.

Mills,

General

6-16

7-

7-

$4.25

pfd.

preferred

2

6-30

$1.37%

'

-(

6%

7-

20c

Baking Co. $8 pfd. (quar.)____—_
C'andy Corp. (quar.)

General

2

6-

&

American

General

5-29

7-

Canada

conv.

57c

—

Ale,

6-16

40c

Brewing

conv.

30c

J.), Inc.

2

5614c

(quar.)

Canada,

(Julius)

4j/2%
General

6- 2

25c

G.

Garfinckel

6-3

$3.50

Ginger

7-

20C

_______

6-11

$1.50

&

6-30"

50c

Co.
(quar.)
Coal 7% pfd. (accum.)
Frontier Polver Co.
(quar.)
Gabriel Company
(reduced)
Gair
(Robert)
Co., Inc. 6% pfd. (quar.)__

7-7

6-30

(s-a»

(A.

7-15

2

1

7-1

37%c

(s-a)

25c

Franklin'County

6-10

6-24

-

of

Co.

&

6-30*

50c

—+_.

Foundation

(s-a)—...

Dry

Corp.

H.)

8-

5-23

$1.12%

preferred

6-

:

(increased)

Four

6-30

convertible

(F.

6-17

40c

Maxson
(W. L.) Corp.
(irreg.)
McBryde Sugar Co., Ltd. "(irreg.)
McCrory Stores Corp., common (quar.)

$3.50

l

30c

Marshall Field &

:

6-25

7-

$1.06V4

(quar.)

Co. (see Field Marshall) —
Maryland Drydock Co. com. (quar.)
4%% preferred (quar.) '
Mastic Asphalt Corp.
Mathews Conveyor Co.
(quar.)
!
Mathieson Alkali Works, com.
(increased)17c
preferred
(quar.)

McGraw

6-10

7-15

$2

Co

25c

(quar.)
class A—

Corp.

&

6-16

A

Inc
(quar.)

6-

preferred

Canada

Steel

H.)

Manufacturing

7-15

B

Wheel

(R.

Marion

6-30

15c

County Gas & Electric Corp.—
preferred
(quar.)

4% 7c

Macy

$$1
;__

60c

4%%

6-16
9

Luzerne

(quar.)

(quar.)

70c

*

Fund,

Stores

1

preferred

Calgary Power Co., Ltd.

6-20

Co.—

Co.

Co.

1

partic.

...

6-10
6-10

1

—-

25c

__——

stock

1
1

7-

Taylor

7%c

(quar.)

7-

$$1.50

—

A

77-

25c

quar.)

7-

partic.

Common

$1.50
$1.75

_

(quar.)

&

When
Holdert
Payable of Rec.

share

Theatres, Ltd.
Corp._

Candy

Lord

10c

&

Foster-Wheeler

non-cum.

Caldwell

Florsheim

5-15

6-17

10c

——

Co.___—

common

6-10

(quar.)__

Corp.
Shoe
Co.,

5-24

non-cum.

A

6-20

65c

Power

1

,

A

Industrial

2

Ltd.—
._

class

$1.37%

(quar.)

~

National

Florida

6

6-

$3

Class

—~

(Marshall)

7-

$7

.

Field

7-

$3

———

Power,

(increased)

6

6

_

class

Truck

General Electric

:

IqUar.)
$5 partic.

6-

6-

(s-a)—

Shops

6-

20c

Co.

Corp.,

*

5-29'

$3

Co.

(quar.)

Ring

Bolt

Extra

5-23

$3
-

_

Brothers

6-14
6-14

Co.—

:—

Co.

Piston

Motor

5V2%

Rubber

Light
(quar.)

preferred
Company

Buda

Federal

3

;

———————

&

G.)

Bucyrus-Erie

7-

$1.0614

___

&

1

Electric—

&

Traction

(E.

8-

Inc.—

Bridgeport Brass Co. com._______——.—
5%% conv. pfd. (quar.)
Bridgeport Gas Light (quar.)
Broadway Market Corp. (Det.)
(quar.)____
Brooke

Bake

50c

(initial)

Hose

preferred

Federal

$1

(s-a)—

Brazilian

7- 3

Frankenmuth

(quar.)"

Valley Gas
preferred, (s-a)

6%

6-16

6-16

_

(increased

1

60c

Blackstone

pfd.

California

55c

(quar.)

Bryson,

5

5-29

6-16

1

20c

__—

preferred

8-

50c

i

Mfg.

6-

6-10

7-

Co.,—

50c

——

Decker

414%

Common

Mfg.—

-

&

6

6-27

25c

(resumed)

(quar.)_

Foods,'Inc. (s-a)
Special
T

..

A

Company
(quar.)
Family Finance Corp.—

50c

__

Best

Black

of

Co.,

Corp.

25c

(irreg.)

(initial).——-—————
Corp.

Aviation;

6-

1

——$1

RR.

common

6-30

8-

12Vic

—

com.

Class

Exolon

6

10c

Hardware &

New

Bendix

6-10
6-

$1.20

j.

(quar.)

Creek

6-24
6-30

6-16

$$3

—__

Ex-Cell-0

30c

...

u.——

Optical Co.

'

6-14

12 %c

(s-a).

Lomb

$1.25

——______

6-30

30c

Co

Corp. (quar.)
Furniture Industries

& Light

B

9334c

—

(quar.)____.

Asphalt

Inc.

preferred

$1

(initial quar.)

Equipment

6-16

2

30c

(quar.)

1

&

6-30

preferred (quar.)__
preferred
(quar.)

15c
12%c

(Del.)_

Corp.

J

Building

8 7c

10c

Service Class A

(Extra

8%

6-16

$2.50

_

Alarm

6-20

6-13

Co.—

(qqar.)

Fire

6-14

1

6-30

6-13

1

500

5%%

Co.

DrUg

Class

6-30

7-

1

7-

.

Laboratories

2nd

15c

(s-a)

A

A.),

Products

Emerson

6-10

1

6-

7-

25c'

(s-a)

Ely & Walker Dry Goods
7%
1st preferred
(s-a)
6%

6-12

Company

(Marcus)

Loft

5-31

1

20c

Power

20c

Ry.

Co.

6-5
6

7-

75c

B

Electrical

6-5
6-

6-30

$1.75

Iron

Electronic

1
1

7-

$1.75

6%

Corp.__-.
Ltd. (quar,)
11—J
Topeka & Santa Fe

B

7-

2

7-15

Per

Name of

Loew's

6-30

»

(quar.)_

6-13

7-1

7-

6-

7-30

75c

.

preferred (accum.)
preferred
(accum.)

$7

5-26

6-10

$44c

_

(irreg.)

(Thomas

Register

$6

6-20

RR.

Malleable

Electric

6-13

6-27

$1.50

Corp.

1

Barber

7-15
6-27

50c

Egry

6-17

7-15

$1

2

6-16

(quar.)

common

Paper Corp.

Class

•

6-

1

7-

35c

—

Constable

Bass?tt

6-15

Mahanoy

Edison

5

6-

pfd.

(quar.)

(quar.)
Sulhpur Co.

Texas

1

75c

Co.,
preferred

East

Payable of Rec.
6-

45

Holdert

15c

5%

Co.

Power

Duval

5

:

$1.50

______

:

5%
non-cum.
preferred
Atlantic Refining 4%
pfd.

Bank

6-14

25c

___

Ayrshire

Eddy

com._—

pfd. (quar.)—
Arkansas Western Gas Co/(increased quar.)

Automatic

Eastern

5-31

$7

Co.

Natural

3.75% pfd.
Auto Eleqtrid

."-H

$1.12 %

—

J.)

Co., 6 % pfd. (quar.)
Ampco Metal, Inc. -(resumed)
Apex Electrical Mfg. 7% prior pfd. (quar.)

Atchison,

6-25

6-14

40c

Tobacco

Extra

6-5

75c

(quar.)!

Stbres

Asbestos

6-

6-16

l"-

preference

preferred

Arnold

7%

25c

(quar.)

Building Co.

American

Arkansas

Duke

6-12

,

Ship

non-cum,

American

Driver-Harris

6-10

1
6-16

Delaware—

American Rolling Mill Co. 4% % pfd.
American Safety
Razor
(quar.)—

American

6-10

1

40C

—

1

30c

(quar.)____

(quar.)

77-

7-

35c

(quar.)

12 %o

When

$25c

Ltd.

Corporation

$1.25

Cable

&

preferred

40c

Draper

(quar.)

Ltd.

75c

—

:——.

pfd.

7%

Co.

Dominion Dairies,

$1.75

common

(quar.)_.:

Co.,

Cream

Mines,

'

American1 Ca!n

Share

Dobeckmun Company

Altoona

Bank

Company

25c
25c

1

American

Per

6-

2

5-20

$15c

6-14

5-24

2

5-31

50c

6-11

6-

50c

7-

1

6-14

9IV4C

9-

1

8-14

4

the

(2966)

46

Name

Share Payable

of Company

Extra

conv.

Co.

L.)

(T.

Smith

,

com.

Alpha

5-27
5- 9
6-20
5-23 •
5-31
5-23
6-14
5-31
6-30
6- 6
6-27 " 6-13
7- 1
6-16

$3
25c

——

preferred (quar.) ____________
Snap-On Tools Corp. —._—
Sonotone Corp. (resumed)
6%

15c

—

——25c

5c
25c
$1
$1

Oil Co. (quar.) —
—
South Porto Rico Sugar com. (quar.)

South

Penn

Extra

Electric Co. (quar.)
Springfield Fire & Marine Insurance (quar.)
Stanley Brock Ltd. Class A (quar.)__.
Sprague

Co. (irreg.)
Factors Corp.,

Mfg.

Standard

common

(quar.)
Mills, class A

preferred

75c

Stonecutter
Extra

B

Class

Extra

20c
50c
,25c
90c

■

Carlson Co., 4% conv. pfd.
Sundstrand Machine Tool (quar.)
Sunset Oil Co. pfd.
(accum.)
Superior Steel Corp. —

(quar.)

Stromberg

(quar.)

preferred

Steel

Thomas

Co.

10c

7-2

37(4c

Twin

Co. (quar.)
Ltd., 7% pfd.

_____

(quar.)_

Inc

Stores,
Bag &

Tybor
Union

Extra

—

——

—

50c
25c

(quar.)

Corp.

Paper

6-27

lc
$4
$$1.75
50c

Electric & Power (quar.)
Coach Co., $1.50 conv. pfd. (quar.)

Buffalo Mills Co.—
preferred (accum.) ___!
According to the American Wool and
Cotton
Reporter this above
payment

6-2
5-31
5-31
5-29
6-30
6- 6
6-20

.

6- 6

6-14
6-14

6- 6
6- 6

7- 1

—-

Union

$33.50

Second

all

clears

Gas

United

Light

$1
50c
20c

Hampshire)

(Del.)—:.

Co.

Railways

&

prior pfd. (monthly)
prior pfd. (monthly),
6.36%
prior pfd.
(monthly)

7%

58VaC
58 (4c

7%

53c
53c
50c
50c
25c
25c
25c

(monthly)
(monthly)
(monthly)

prior pfd.

6.36%

prior pfd.
6% prior pfd.
U. S. Fidelity &
6%

(quar.)_

(Bait.)

Guaranty

Freight Co.
United Steel & Wire Co.
U.

S.

United

Universal

Match

Universal

Winding

Co.

Norman

$3

.Special
West Indied'&ugar
Extra

Corp. 4s?a)—
-—:

"Department

Western

$1

_

____U_
Co. (s-a)
Stores (quar.)

.

(quar.)
Westmoreland Coal Co. —
Wheeling & Lake Erie RR

40c
25c
$1
75c
50c
$1.25
45c
25c
30c

Inc.

Westmoreland,

50c
$1

$1.50

& Seashore RR.

West Jersey

7- 1

6-10
6-16
6-20
6- 3
6-13

7-1

___:

Steel Co., common (increased)
$5 convertible prior preferred (quar.)
Whitin Machine Works
(quar.)
Wichita
River Oil Corp.:
Wieboldt Stores, Inc., common (quar.)
Wheeling

$1.06(4

preferred (quar.)_.
6%
preferred (quar.)
Winter & Hirsch, Inc., 7%' pfd. (quar.)
Wisconsin Investment Co.
Wisconsin Michigan Power 4(4% pfd. (quar.)
Wood Newspaper Machinery
Corp.—
5%
conv.
pfd. (quar.)
Woolf Bros;, Inc. 4(4%
pfd. (quar.)
Wool Combing Corp. of Canada, Ltd. (quar.)
Wrisley (Allen' B.) Co.
$4.25

75c
35c
8c

$1.12(4

7- 3'U.i, 6*13
7-. 3 uv'6+13.

..6*i2iV»dt5'-13'
1 "6-20
7- 1
6-13
7- 1
7-1
7- 1
5-31

6-13
6- 2

6-20
6-6
6-6

7-15
7- 1

5-26
6-30
6-20

7- 1
7- 1

6-20
6-20

.

Arch

;

„

t

preferred—
payment clears all arrears)

(This

Extra

American

Chicle

,

preferred (quar.)_-__
A preferential participating

Ltd., $1 pfd.
(increased)

Glove Works,

Acme

Steel

Co.

Ball

Aetna

&

Roller

convertible

5%

Agricultural
N.

Mfg. Co.

(J. D.)

Adams

share

Cyanamid,

American

preferred

$4.50

Alabama

'

Allied

Fork

American

Allied

6-16
6- 2

6-10
6-10
6- 2

30c

6-14

5-31

25c

6-16

5-13

$1.183/4

Gas & Electric—
(reduced quar.)
dividend l/50th share

6-16
7- 1

5-13
6-4

50c
62(4c
75c

6-1
6-1
6-1

5-2
5-2
5-2

Common

Atlantic
for each share held.

Stock

General

American

Corp.—

American-Hawaiian

(monthly

Inc.

Hydraulics,
-

Investment Co. (111.)—
quarterly
American Laundry Machinery
American Locker Co., class A (quar.)
American

Co., common
(quar.)
American Machine & Foundry, common
3.90%
preferred
(quar.)
American Meter Co._
American Metal Co., Ltd., common
6%
preferred (quar.)—
American National Finance Corp.—
$6
preferred
(s-a)
:
American
1

$4

$1.50

preferred

American

$1.75
$1.75

5%

non-cum.

Common

American

preferred

.(quar.)

Sumatra

$4
•

Co.

Woolen

' Co.

preferred

Co

Wringer

Post

v.

6%

6%

prior
prior

6%

Fence,

preferred (quar.)
preferred (quar.)

Extra




preferred
preferred

7-1

(quar.)

__.

Co.,

common

(quar.)
(quar.)
4%%
convertible preferred
Armour & Co. (111.)—
Class

10- 1

9-15

6-26
7- 1

5-265-26

6-26

$$2.50
25c
$1$1

7-1
6-6"
6- 6

'

'

6-14
5-20
5-20

6- 1.'--5-23
50c y 6-16
1 5-15
$1.135-\ 7- 1"
6- 1

quar.)_.

convertible prior preferred (accum.) __
Aro Equipment, 4(4% preferred (quar.)____
Artloom
Corp.
(quar.)
Associated Dry Goods Corp., com. (quar.)__
6%
1st preferred quar
7%
2nd preferred (quar.)
Associated Spring Corp. (quar.)
—

V

-•?

5-29
6-5
5-29
6- 6*
6-16
6-20
5-31*
5-9
5-9
5-29*
5-29*
7- 1*
6-16
6-13

6-14
7- 2
6-13
7- 1
7-15
7- 1
7- 1
6-2
6-2
6-13
6-13

7-15

30c
10c

$1.25
75c

$2.25

7887-

1
1

1
7
7- 7

6-25
$1.50
8- 1
$1.50
11- 1
$1.50 1-31-48
J15c
6-2
60c
7-31
75c

7-31
6- 6

6-14
6-30

$1
$1
$1

6-30
9-30
12-23

37(4c

6-30
12-23

25c
75c

6- 2
6-2

6- 2
6- 2

$$1.12(4
25c

6-16
7- 1

10-22
1-21
5-9
6-24

6-24
5-6
6- 2

6-10

6-23
9-24
12-19
6-23
12-19
5-21
5-9

4-30

4-30
6- 2
6-15

6-2
6-13

5-31
5-5
5-29

25c
25c
593/aC

7- 1
7- 1
7- 1

6-17
6-17
6-17

40c

$1.50
$1.75
30c

7- 1
6- 2
6- 2
6-2
6- 2
6- 2

6-10

6-10
5-21
5-19
5-9
5-9
5-9
6- 2

6-16

5-31

Line

Co.

Coast

Line

Railroad,

Atlantic

Gulf

preferred

6-21

5-15

$1

6-12

5-15

$2.50

6-12
6-16

5-21

40c

6-20

5-28

5%

series

(quar.)

Common

$1.65
Avon

.

preferred

Gear

pfd.

Avondale

(quar.)

(quar.)
(quar.)—

com.

(quar.).

V.

convertible

Security
Quarterly
Trust

H.)

Barber-Ellis

Co.

Mfg.

$1.20

1

6-16

6-

2

5-15

7-

1

6-14

6-10

5-29

;

5-19

6- 2

6-11

7-

1

6-10

10-

1

9-

9

1-2-48

12-

9

8%c

(quar.)
(quar.)

83/4C

,

5c

6-

2

5-15

15c

6-

2

5-15

6-11

6- 3

$1.25

7-

1

6-

$1

7-

1

6-10

$1.75

7-

1

6-10

6- 2

5-20

25c

5

Society—
$1.50

5

6-

1

45c

of

Ltd.

Co

—

:

5-3r
5-31

15C

(quar.)

6-15

6-30

6-1®

30c

Canada,

6-16

t25c

-—

7-

25c

(quar.)

Y.)

6- 1

5-1®

Inc.

Works

Iron

Power

Cigars,
B

Shoe

$50c

7-

2

6-14

7- 2

6-14

6-13

5-29

35c

6- 2

5-10

35c

7-1

6- 5

6-

5-15

i.—

(quar.)

(quar.)

30c

6-

5-17

$$1.50

7-

5-31

$$1.75

7-

$15c
$25c
55c
12(4c
$1.06(4
$3

Co.

preferred (quar.)
Hardware & Mfg.
Howell

4(4%

Co.,

common

7-

1

6-12

7-

1;

6-12

6-

1

5-17

6-

1

5-15 !

6-

1

Corp.,

5-15

Harbor

Benton

Berghoff

Malleable

Berkshire

(s-a)

Industries

Fine

50c

(quar.)

50c

$1.25

Son, Inc., 5% preferred
Birmingham Gas Co.—

Power

preferred

(E.

Bliss

&

Light,

com.

(quar.)
conv.

pfd.

1

7-

1

6-20

7-

1

6-20
5-15

iiix

5-

9

6-

•

0

6-

2

6-

2

5-15

6-

1

5-15

6-

2

5-20

6-

1

5-15

6-16

6-

6-

1

5-20

6-

1

5-20

6-

3

9

5-12

6-16

5-2®

6-30

6-18

6-30

6-1$

$1.50

(quar.)

6-30

6-25

Tobacco—

preferred (quar.)_.
Blue Ridge Corp., $3 conv.
l/32nd

Aluminum

75c

6-

5- 9

2

6-

2

5-16

7-

1

6-13

$1

7-31

7-15

62(4c

7-31

7-15

15c
50c

& Brass

Co. Class A

B

7-

37(4c

—

Co. $2.25

6-

$1.50
30c
$1.05
20c
56(4c
25c

(quar.)
(quar.)—

6%

Class

6-2i

•

7-

($1.50

87(4c

—

(quar.)

Co.

Bros.

Ami

5-23

5-2$

$1

Laughlin, Inc., common
preferred (quar.)

5%

2

$1.50
15c
$1.25

&

W.)

6-

6- 2

50c

prior preferred (quar.)__
Birmingham Water Works, 6% pfd.

Blaw-Knox

2

$1.75
50c

.

$3.50

Bliss

5-23

6-

$1

&

Hills

5

'

V

_____—

$4.20

5-21
6-

I

'

preferred

Bigelow-Sanford Carpet, common
6%
preferred
(quar.)
Binks
Manufacturing Co

Black

6-14

6-16

Inc.—

(quar.)
Bessemer Limestone & Cem.en.t7- V /,*■//
7 x4f/o
preferred (quar.)
———
Bethlehem Steel Corp., common
'
7 %
preferred ""(quar.)
—
Bibb Manufacturing Co. (quar.)
Extra

7-13

7-31

10c

Corp.

Extra
conv.

■

25c

(quar.)

(quar.)
Spinning Associates,

Brewing

}

7>

Co
(quar.)

preferred

$6

5-31

Canada,

of

(quar.)

preferred

Beneficial

(quar.)

———.

Belknap
&

5-

5-29

$1,183/4

Belgium Glove & Hosiery
Ltd., common (quar.)_
5%

I

3

6- 2
6-13

Corp.—

Co. (quar.)_
Corticelli, Ltd., common

preferred

7%

6*

6-18

7- 2

12 (4 c

(quar.)

Mfg.

Belding

6*

6-

1

J50C

preferred

Belden

6-

7-

V

Ties, Inc. (quar.)
Beaunit
Mills, Inc.
(quar.)
Beech-Nut Packing
Co.—
New
common
(initial
quar.)
S.)

5-15

6-27

25c

(quar.).

(A.

2

$25c

—

Brummell

4% %

6-

Ltd.—

(quar.)

Ltd., class A

Beatty Bros.,
Class

Inc.

Co.,

5-Jr

$1.12(4
50c

Corp

&

5-15

6-14

50C

(quar.)

Paper
(quar.)_

A

Class

Bayuk

5-15

7

6-

10C

1

6- 7

20c

(quar.)

25C
15C

Oil

l;

Bathurst

(quar.)

(quar.)

America—
interest (s-a)

Investment Trust of

Units

Bond
Book

7-

5-20

5-19

Manufacturing Co., common
4(4%
preferred (quar.)

Bond

5-15

6-30

Bates

Bon

2

6-lff i

Co

Refractories,
Batavia Body Co

Bohn

5-20f

6-

83/4C

Insurance

(N.

Basic

Bird

1

1

Seelig Mfg. Co.—
class A (quar.)

Extra

Bell

6-

&

Barnsdall

Beck

5-15

1

7-

Inc., com. (quar.)—

Life

Co.

(W.

Beau

2

6-

30c

—

Bath

6-10

6-

2

(quar.)

preferred

Radio Show,

Bankers

Barlow

6-25

.

6-

(quar.)
Bancroft (Joseph) & Sons
Bangor & Aroostook RR., $5 pfd. (quar.)
Bangor Hydro-Electric, 4% pfd. (quar.)
7%
preferred
(quar.)

Barber

5-15

$1.12(4

preferred

Bankers

2

9

Steel—

Baltimore

6%

6-

9c

Co._

Porcelain

convertible preferred
convertible preferred

7%

5-1S1

50c

Locomotive

Baltimore

7%

2

7c

prior preferred Cquar.)
Babbitt, (B.. T.), Inc. (quar.)

1%

5-15

6-

25c

,

4(4%

Baldwin

2

50c

(monthly)—

Inc. (quar.)_!
Corporation, common—/

D.

5-

6-

7c

Mills

Monthly '
B/G Foods,
B.

2

25c
25c
41 (4c
20c

_

(quar.)

common

preferred

conv.

Allied'Products

America

of

Co.

Works,

6-

50c

;

Canteen

6-10

$5c
25c
25c
25c

(quar.)

5%

Mines, Ltd. (quar.)
Co., 5% series A, conv. pfd.
series B preferred (quar.)

Autocar

Automatic

5-2)1'

50c

•

convertible

6-15

6-30'

56(4c

i

(quar.)

Co.

5-29

37(4c

Aunor Gold

Automotive

6-21

Lines—

S.

S.

Indies

West

C

1

7-

$2

(quar.)
Atlas Imperial Diesel Engine Co.—
A

7-

1

Corporation

Powder

5-20

6-12

common

5%
non-cum.
preferred (s-a)
Atlantic Refining Co. (quar.)

Series

6- 1

$2.50

(Conn.)

Coast

Atlantic

Atlas

6

5-

2

6-

$1.25

(s-a)
(accum.)

pfd. (optional) —
share of common stock or cash—
Blumenthal (Sidney)
& Co., new common.

6- 3
7-22

5-31

Inc.—

preferred

Atlantic

Atlas

6-16

$1.12'/2

6-27

6-27

6-16

$1.50
56(40
15c

(quar.)

Fe Ry Co.

(quar.)—

Laundries,

&

6-12

10c
1°?
$1.50

7-11

,

9

50c

Bloch

—

A

*

50c
$1.75
$1
$1.25
$2.25
53(4c
12(4c
75c
75c
$1.50
$1

45c
40c
933Ac

B

)

6-16

7- 1

ft '

5-

6-30

Co.—

Light

Common

$1.25

$3.75

Class

Atlanta

5%

$10c

(quar.)
(quar.)

Cork Co., common
preferred
(quar.)
Armstrong Rubber Co. (Conn.)

4-30

Gas

preferred

4(4%

5-23

$1.75

5-

9

(s-a)

common

6-10

$3
$3

(s-a)
(s-a)

$5 preferred (quar.)___
Arkansas-Missouri Power—
New
common
(initial)

6-15

6- 2

$3.50

,

Co., common

Argus Corp., Ltd., common
4(4% convertible preference
Arizona Edison

7- 1

10c

___;

Archer-Daniels-Midland Co.
___
Arden Farms Co., $3 partic. pfd. (quar.)__

$6

;

(quar.)
(quar.)

B

6-30

$1.25

(increased)

(quar.)
Applied Arts Corp. (irreg.)

6%

Class

6-20

40c

-—

Inc.

Apex Smelting Co.

Co.—

:

(quar,)_

Anglo-Canadian Telephone class A (quar.)_
Anglo-Newfoundland Development (annual)-

6-15

$3.50

Inc

prior pfd.

Armstrong

7. j

$2.50

preferred

Smelting, common

convertible

Anchor

6- 2
6- 2

$50c

preferred

(quar.)

(quar.)

prior preferred (quar.)
Amoskeag Company, common (s-a)
$4.25 preferred
(s-a)
Anaconda
Copper
Mining (increased)
$5

(Watertown,

(quar.)

common

convertible prior preference

7%

6-16
7- 1

$1.75

Foundries
Refining, 7% pfd. (quar.)
Tobacco (quar.)__;
American Surety Co.
(s-a)
American Telephone & Telegraph Co. (quar.)
American Thermos Bottle, 4(4% pfd. (quar.)
American Thread Co., Inc., $5 pfd.
(s-a)—
American Tobacco Co., common (quar.)
Common
class B
(quar.)
Steel

Sugar

American

6-16

9

6-

(s-a)-—

class A com.

Atchison Topeka & Santa

20c

30c

American

6-14

6-30

-

.

Quarterly

5-14
5-22

6-16

r,

Rolling -Mill____-__-^—____—___ •

Service Co.,

American

2
3
6
6
5
1
6- 1
6- 1
6-5
6- 5

6769126-

6-

(quar.)

Astor Financial Corp.,

$1.25

(quar.)

$3 pfd. (partic.)
;-i-J
American States- Insurance (Indianapolis)— *'•
American

37 (4c
37 (4 c

$1
$1.25
$1.50

_

,

Radiator & Standard- Sanitary—
(increased)
—.—L

preferred

7%

.

6-30
5-22
5-21
5-21

Lines—

Pre-sident

American
"

$5 pfd. (accum.)

(accum.)

6-16
7-15
6-16
9-15
12-15
6-16

25c
$1.75

(quar.)
& Light,

6- 2

$3

(bi-monthly)
pfd. (quar.)
(quar.)

preferred A

$6

$1
25c

5-29

6-10
7-15
6-14
6- 2

)

Goods Co., 7%

American Power

5-20
6-10

6-16

6-5

97(4c
—

B

Class

Common

25c

7- 1

20c

preferred
preferred (quar.)
American Potash & Chemical Corp., class A

Common

20c

(quar.)

5-15
5-29*
5-29
6-5

$1.75

Co.

-News

7%

Payable of Rec.

6- 2
6-12

6- 2
6-10
6- 7
7-1

Locomotive

American Paper

7-15

20c
50c
50c
35c

preferred

7%

5-29*
5-14*
6-14*
6-15

.

1

Increased

American

6- 2

7- 1
6-25
7-25

10c
2c
2c

—.———

——

___

6-18

7- 1
6-14
6-12
6- 2

25c
75c
75c
10c

Corp. (quar.)
Steamship
/_
American Hide & Leather, 6% pfd. (quar.)_
American Home Products
(monthly)
Hardware

American

Investment

Associates

Barcalo

convertible preferred (quar.)
$2.50 convertible preferred (quar.)
$3 convertible preferred (quar.)
$2

,

Holdert

6-15
7- 2

■»

of

City Electric common
4%'%
preferred
(quar.)

American Zinc Lead &

When

5-16
5-16
5-23

$1.50
$1.75
12(4c

-

Hoe

&

5-23
5-22
6-25
5-31

20c

com.

Laboratories
Mills,

6-13

American

6- 5
6- 5

$1

(s-a)—___—_—

Corp., 5%

6-30

50c

(quar.)

B

preferred
(accum.)
preferred (accum.)
Forging & Socket

$6
$7

6-16

$50c

(s-a)

(quar.)

Great Southern RR.

Algoma Steel

5-31

$1.25

Securities—

6- 2
6- 1
7-30
6-14

75c

!_
participating

6-14

—

American

7- 1

$25c

Ordinary

6%

J.)

Lines (increased)
Foreign Power Co.,' Inc.—

&

6-4

7-1

$1.12(4

(N.

Co.

Export

American

9-2

6-4

-

American

9-15
7-1

;

Telegraph

European

American

6- 2

25c
12 (4 c

—

Quarterly

Canton & Youngstown RR.—

preferred

(quar.)

common

6-14

30c

1—

(quar.)

preference
American District
5%

6-10

30c

_/_____/

/Quarterly

6-16

7- 1

68%C

(quar.)

Colortype

American

6-30
6-30

$$1.25
(quar.)

Extra

5%

6-14
6-30

$1-19

$1-02

preferred (accum.)
preferred (accum.)

1st

1st

4%

$2.75 class A (optional dividend series)
Quarterly
__
Cash or 1/I6th share of class B stock

6%

(quar.)

Agnew-Surpass Shoe Stores
Akron

$1.25
$1.50

,

50c
30c

(quar.)

Bearing,

preferred

Insurance

6-14
6-14

-

Cigarette & Cigar, common
6% preferred (quar.)
American Cities Power & Light Corp.—

American

25c

Y.)

$1
50c

5-19
5-19
5-31
5-31
6- 2

6-2
6- 2

—

American

$$6.25

•_

Class
Acme

5c
5c

(quar.)
1

Co.

'

Extra

5-15

7%

$6

Corp.

preferred (accum.)
prior preferred (quar.)

20c

5-20

6- 1

20c

(quar.)

Beverage

American

5-19

6- 1
6- 2

25c
Co.—

convertible

4%

Acadia-Atlantic Sugar Refineries, Ltd.—
5%

7-1

87(40

(quar.)

preferred

Arcade Cotton Mills

;

(quar.)

___________

7- 5

:

Louis)

(St.

Paper,. $2.50

Laboratories

7-5

$$2
75c

•

Insurance

American

31 Vic
56Vic
25c
18%c

Per

Abbott

25c

Co

Extra

&

70c

$1.75

Automobile

American

Anheuser-Busch,

Power

2nd

4-30
5-22
5-8
6-16
5-15
7-1

'

convertible

3(4%
American

we

Name of Company

1st preferred

$2.50

5-24

6-1
6-14
6- 5
7- 1
6-10

$25c
15c

(irreg.)

com.

5-19
6-10
5-31

preceding table.

Abitibi

$2.50

'

7- 1 '

93%c

_

(quar.)

6- 1
6-30
6-15

give the dividends announced in previous
weeks and not yet paid. The list does not include divi¬
dends announced this week, these being given in the
Below

Atlanta

5-21*
5-24

Ltd.—

Airlines—

American

6-13

6-10

25c

—

6-16

7- 1

6-20
7- 1
7- 2

50c

guaranteed (s-a)
Washington Oil Co.. (quar.)
Wesson Oil & Snowdrift
(quar.)_

5-15

6- 2

25c
5c
$3.50

—

—

RR.,

River

Ware

6-16

22 (4c

quar.)_

(initial

Mold & Iron Co.

Vulcan

6-25
6- 5
6- 7
5-20
6- 2

5-20
6-10

7%

preferred
Upressit Metal Cap Corp.—
8%
(accum.)
preferred
Van

7-15
6-25

Co.—

convertible

90c

(s-a)__

Co.

6-16
7-15
6-16

7-15
6-12
6-14
6- 1

20c

(quar.)
Telephone Co., Inc. 5% pfd.

6-16
7-15

7- 1
8- 1
7- 1
8-1
7- 1*
8- 1
' 7-15

$2.50

—-—-

-

6-6
6-11
6-10

7-1
7- 1
7- 1

50c

*

Extra

$7 preferred

American

Corp..

United

Filter

American Air

Monthly

Carbon
United Aluminum Co. (New

6-10

(quar.)
Aluminium, Ltd. (quar.)__
Amalgamated Leather Co. 6% pfd. (quar.)__
Amerex Holding Corp (s-a)

Monthly

&

50c

preferred (quar.)
Aluminum Industries, Inc.

arrears.

Carbide

Union

5-15

common

(quar.)

preferred

$3.75

6-2

6- 9
6- 5
6-5
6-13
7-15
6-16
7- 1

$1.50
3c

Gas

Tucson

6- 9

$7(4c

(irreg.)

10c

Insurance

Tuckett Tobacco Co.,

6-10
6-10
6-10
6- 9

6-30
6-30
6-30
6-20

6- 5
5-20

-—_____

Travelers

6- 6
6- 5

6-14
6- 2

Shipyards Corp.
_
Toklan Royalty Corp. (s-a)
_

6-20*
6-20

$1.06(4

.

Todd

Extra

6-16

6-20

Ltd. (quar.)

Tip Top Tailors

.

30c

(quar.)
Electric Welder Co.

Thomson

6-10
6- 5

,

7- 1
6-16

35c

—!

preferred

4(4 %

5-28
5-28
5-28
6-10

7- 1
7- 1

$1.12(4
$1.06 V*

(quar.)

com.

Extra

7-10
7-10
6-16
6-25
6-25
5-28

.

6-10
6-10
6-10
6-10
7- 1
6-20
76-15
7- 1

50c
20c
25c

(quar.)
Thermoid Company, (quar.) ___^__
Thrifty Drug Stores, common (initial)
4(4 %
preferred A
(quar.)
4 (4 %
preferred B
(quar.)_
Company

Texas

,

25c
35c
$1

—

Sylvania Electric Products, Inc., common—
$4

8-,l
8- 1
6-30
6-30
6-30

6-10

4%

5-29
6-16

6-16
7- 1
„

of America,

Aluminum Co. of Canada,

6-14

7- 1

$10c
25c
10c
18%c
5c
,,
20c
5c

(quar.)

B

Class
Sterns

6-16
6- 7

7- 1
6-17

5Qc
$1.25
20c
$1.12
$15c

5% pfd. (quar.)

6-16

7-1

$2

6% preferred (quar.)
Southland
Royalty Co._
Southwestern Gas & Electric,

6- 2

6- 6*

Payable of RecV

Tel. Co.—

&

25c

(quar.)

preferred

Cement—

Portland

Aluminum Co.

5-29
7- 1
5-31

Associated Tel.

81 (4c
35c

75c
40c

Extra

6-2

(s-a)

A

5-31
6-14.

75c

——

Mfg.

American

6-11
6-20

19 l/10c

;

pfd. (quar.)
Co., Ltd.—
deposit receipts
Sloane-Blabon, 6%
preferred
$3

5-15
6-23

6- 1
7-21
6-30
6- 5
6- 2

15c

6-16 **" 6- 5

3(4% convertible
Allis
(Louis)
Co

,

$1

4% preferred (quar.)
(quar.)
Mfg., common (quar.)

Common

Allis-Chalmers

Holdere

When

Per

Share

Name of Company

Payable of Rec.

Share

-

Stores,

6-30
6-20
6- 5

5c
25c

(reduced)

Seven-Up Bottling Co. (L. A.) (irreg.);
Simmons-Boardman Publishing Corp.—
Singer

Allied

25c
25c

f,

i

_

,

B.), Inc.

(R.

of Rec.

Name of Company

7- 2
7- 1
6-16

30c
$1.12(4

Scruggs-Vandervoort-Barney, common
$4.50 preferred A (quar.)
——
Sceman
Brothers, .Inc.
(quar.)
Scmler

Holdere

Holderi

When

Per

When

Per

Monday, June 2, 19451

commercial; & financial; chronicle

of

beneficial

Stores,

the

of

$2

Inc.
(quar.)
Month Club (initial)

(interim)
Borne
Scrymser
Co
Z_
Boston & Albany RR
Boston Elevated Ry. (quar.)
Boston Ground Rent Trust Co, (s-a)
Boston
Real Estate
Trust
Boston Wharf Co.,
(irreg.)
Bower Roller Bearing Co
Bowser, Inc., $1.20 preferred (quar.)——
Boyertown Burial Casket (quar.)
—_
Brach (E. J.) & Sons (quar.)
Brager-Eisenberg, Inc.
(quar.)
Brandon Corp., class A common (quar.)
Borden

Company

Corporations
Corp. of America (quar.)
Briggs & Stratton Corp.. (quar.)

Breeze

(increased)

Corp.

1

6-

2

5-12

,

•'

6-14
6-30

,

5-29(|

•

5-31

i

7r 1.'.

1.

2

6-30

f
t

5-19

J

6- 2

,

6-20 it
6- 2 •<

60c

7-1

■«

50c
$1.50
$2.50

6" 2

8- 2

;;

6- 6

5-15!
5-23

;

i

6-30 j

6-10
5-20

6-,2-i
6-

2

6-16

'

•!

50c

(interim)
(quar.)
British-American Bank Note Ltd.
(quar.)
British-American Oil Co.,. Ltd. (quar.)
Brompton Pulp & Paper Co., Ltd. (quar.)__
Brooklyn Borough Gas, 4.4% pfd. (quar.)
Brooklyn Telegraph & Messenger (quar.)___
Brown-Forman Distillers, common
(quar.).
$4 preferred (quar.)
3%%

6-

<

7-

67/ 2

62(4c
25c

Brewing

Bristol-Myers

'

6-12

..

6-

.

71

5-26
r

6H30

6-20

6-20!

Light & Power Co., Ltd.—

Interim

Brass

30c
35c

5-16

2

$$1
40c

Extra

Brazilian Traction

Bristol

50c
25c
60c
$1
$2.50
$1.25
$1
50c
J $1
50c

6-

Co.,

common

preferred

_

.

r

*

_

,,,

4-lli

6rl0 " " 5-29
6-10
5-2$
6-16

» ; '• 6- 2}

6-14 1; T 5-29

50c
93%c
$25c
$25c
$25c
$1.10
$1.25
20c

6-

$1

2

5-15

7-15

7-

6-16

5-19

7-

6-

2

1

5

7^15

6-20

6-1

5-13

6-1

5-21J

7-

1

7-

1

6-lfi
0-l2

Number 4599

[Volume 165

THE COMMERCIAL & FINANCIAL
CHRONICLE

L
When

Per

Name of

Company

Brown-McLaren
Brown

Shoe

$3.60

Bruck

Mfg.

Co.,

(quar.)

preferred

preferred

Buck

Creek

Buckeye

(quar.)

Budd

Co.

Line

Company,

Buffalo

Building

Fund,

(quar.)
Corp.—

Mining

&

Corp.,

Corp.,

Butterfly

(quar.)

common

Ltd.,

5-

6

class

B

2

2

7%

5-

2

7-

1

6-

2

4-30

5-15

6-16

6-

2

Coast

6-14

5-23

5%

15c

25c

15c

Canadian

$20c

1

6-

Co.,

Ltd.—

:

(quar.).

Investment

(accum.)
Mines, Ltd.
Products Corp.—

Mfg.

$$1.25

6-

$2c

37Vic

(year-end) ............J
Co.

,

preferred

B

Central Coal

4%

&

certificates

(liquidating)

Ohio

Paper

Central

Central

Steel

Steel

4.15%

6-23
<

&

6%

preferred

Ribbon

Service,

6-30
6-16

Class B (initial)
Consolidated Royalties,

4y2%

prior preference
Investment

6-16

Consolidated

1

Champion Paper &
■

(quar.)

Fiber,

6-16
6-

2

Consumers

5-

9

Consumers Power Co., $4.50
pfd.
Container Corp. of America—

6-15

6-

2

6-15

6-

5%

2

6-

2

1

New

$4.50 preferred (quar.)

5-12

Co.,

4%

$3.75

preferred

6-

1

5-15

6-

2

5-26

Chemical Bank & Trust (N.
Y.)
Chesapeake & Ohio Ry. (quar.)
Chesebrough Mfg. Co. (Consol.)

6-30

6-20

Continental-United

6-10

Copperweld

6-16

7-

1

5-31

5%

6-16

Cornell

2

$5.25

6-16

6-

7-

1

5-29

6-10

5-17

6-10

5-17

7-

1

6-

6-

1

5-24

Crane

6-

3

5-15

6-

3

7-

1

6-13

7-

1

6-

6
4

$1

&

6-25

6-

6-

4

4%%

5-20

4

75c

6-

1

Chicago Rivet & Machine
Chicago,: South Shore & South Bend RR.—
Quarterly
Chicago Yellow Cab Co
Chipman Knitting Mills, 5% pfd. (accum.).

25c

6-14

5-20

30c

6-16

6-

Christiana Securities Co.,
7%
preferred
(quar.)

$37

$1

6-14

Cork

class A

25c

$5

common

$1.75
$1.50
25c

35c

(quar.)

$1

Cincinnati New Orleans & Texas Pacific Ry.—
5% preferred (quar.)

Cincinnati
Circle

Bar

(quar.)

Street

Railway

Knitting

Co.

(reduced)...

(quar.)

.

I. T. Financial Corp.

(quar.)
City Auto Stamping Co. (increased
City Ice & Fuel Co. (quar.)

City of New Castle Water,

1

6-14

Crow's

5-26

Crucible

6-20

Crum

6-

2
1

5-

1

5-

6%

pfd.

1

6- 2




&

of

8-15

15c
5c

20o

$1.50

2

Forster,

American

6-16

5-29

6-

1

5-15

6-1

5-15

Cutler-Hammer,
Davis

7-

Class

B

Dayton

1

6-14

6-10*
6-

3

6-30

6-10

6-

5-12

2

Controller

2

6-30

6-10

6-

6-10

6-

6-12

6-

3

7-15

6-24

$25c

6-

1

6-

1

6-

1

$1.25

__

6-20

6-16
6-

2

$1.20

.

6-

6-10

5-29

2

28y8C

6-

1

5-15

(quar.)

25c

7-

6-13

Chemical
Power

&

preferred

1.

6-10*

(quar.)

5-23*

6-

5-15

$1

Ltd.

2

6-

1

pfd. (quar.)___
8% preferred (quar.)
Sugar Co

(quar.)'____.

'.

5-12

7-

$1.50

1

7-

1

6-13
6-13

8-16

8-

2

9-15

9-

2

12-15

12-

1

250
x
.

^

quar.).—

7-

2

6-20

25c

tin-

2

9-20

„$15c

6-

2

u'

'O;

r>v

5-15

^WijV

35c

7-

1

$1.50

7-

1

37%c

6-12

5-29

7-

6-20

$1.06%

1

6-

5

6-

iv- ,

5

$25c

6-15

5-16

50c

6-10

5-17

40c

$1.12%

&

6-16
7-

(quar.)

6-

2

Mfg..

—:i

1

6-13

60c

6-30

6-13

25c

common

6-10

5-27

$1

7-

1

25c

6-

2

$1.75

(quar.)

common

6-

2

5-20
5-12

6-20
5-20

(interim)

50c

-6-12

(quar.)

15c

6-23

6-

25C

6-

2

5-15*

6-

2

6-

1

5-15

6-15

5-28

Telephone
(quar.)

7

Co.—

$1
(quar.)

$1.25
28c
50c

50c

(initial

(s-a)

10c

(accum.)

50c

(quar.)

$1

(quar.)

80C

deduction

Co.

of

Pa.

State

5-21

6-17

6-

7-

6-

7

7-

1

6-20

7-

1

6-

1

6-14

6-

2

5-

2

5-31

50c

(quar.)
(quar.)

_

$1.25

"t-

$1.25

_

Mfg.

Co., Inc
Company
(s-a)

Essex

Eversharp,
Excelsior

12 %c

$1.25

Corp.

Inc.,

12 %c

Insurance

Co.

5-31

8-30
12-

1

6-

2

6-

2

5-28
8-15
11-15

5-15
5-13

6-14

6-

30c

(quar.)

Semi-annually

6-18

7-16

6-30

25C

(quar.)

common

preferred

6-10

tax.

com.

preferred

7-

6-16

1

2

(Syracuse, N. Y.) —
15c

6-26

6-

2

;—

15c

6-13

6-

2

Gregg, common (quar.)
Stock dividend (l/20th share of American

50c

6-

Faber

1

Corp.

(quar.)

&

Tobacco

7-

...»

Buffet

Coe

ch

Co.,

common

B

stock

for

Vi

a VP

P

2

5-15

each

6-18

1H)

(Thef

6-

Printing

(quar.)

.

2

5-15

6c

7-

2

6-17

2c

Textile

7-

2

6-17

7-

1

6-18

Fair

(quar.)

25c

6-12

5-29

7-

1

6-18

Fairbanks Morse & Co.
(quar.)
Fajardo Sugar Co. of Porto Rico

50c

6-

2

5-

50c

7-

2

7-21

7-

5

75c

7-

1

6-

6

6-

2

$1.75
30c

—

$37%c

$17%C
25c

:
—-—

—

45c

$1.12 %

5-19

6-13

6-

2

1

5-

1

5-

6-1

6-30

6-10

6- 2
6-

2

5-15
6-13

5-10

35C

6-

2

5-10

6-16

6-

2

9

6-16

N.

Y.)

Farquhar

(A.

Co.

(quar.)

Insurance

Co.

Light

7

7-

1

6-16

10-

1

9-16

6-10

5-20

50c

8-

1

7-15

50C

of

11-

1

>0-48.

Canada—

Interim

Federal

6-

1834c

Park, Inc. (quar.)
Quarterly
Fire

7

6-21

$2.50

Fashion

Federal

6-

(Syra¬

(quar.)

B.)

6-21

$2.50

cuse,

$20c
$5c

Extra
Farmers & Traders Life Insurance Co.

5-15

2

25C

(increased)
Famous Players Canadian Corp., Ltd. (quar.)

1

6-

6-

(quar,)

5-12

5-22

Pittsburgh RR.—

Fabien

6-30

Inc.

2
2

(Texas)—

preferred

8

25c

Fund,

66-

6-16

$1.50

,J

5%

6-13

35c

Oil Corp
Co., common
preferred
(quar.)

&

5-27

1

$1.50
,

Ltd.

preferred

Co.

Railroad

6-30

Deere

7%

Erie

$2
25C

6-20

$1.12%

—

guaranteed

6-16

Deep Rock

Delaware

&

7%

6-30

;

5-23

7-

$3

6-17

Payable after

$1.25

25c

(quar.)
(quar.)

(quar.)

5-13

5-

6-16

6-10

$1.75

1—:——

(quar.)
common

1
2

5-26

6-14

$1.25

_■

class A

66-

5-13

9

$1.50

State

Bay

Exchange

$$1.50

(s-a)

5%

Corp.
Light,

6-16

30C

(quar.).

5-26

7-

15c

(quar.)

'

5%

$1.05

Co.,

Inc.

&

Eureka-Williams
7-

9

25c

Co

convertible

Espey
1

7-17

7-

7-15

(quar.)

(quar.)

5%

(quar.)

1

$1.25

(quar.)

Gas,

guaranteed

$3

5-24

6-16

Natural

Erie Coach
Erie

a5%

7-10

8-

Extra

6

9334c

5-26

7-10

$1.75

Emporium Capwpll
Co
Equity Corp., 20c pfd. new

5-10
6-

5-28

6-14
7-25

(quar.)_^j

Empire District Electric, 51o pfd.
Common (quar.)
Empire Steel Corp

5-15

17%C

4%

5-15

$$1.25

pfd.

pfd.

(initial)

preferred

Paso

Empire

1

20C

6-16
5-31

7-25

$1.50

Elgin National Watch Co.
Ely & Walker Dry Goods

1

common

2nd

1st

7%
preferred (quar.)
Electrolux
Corporation

2

6-10

(quar.)
Coal

El

6-16

50C

Co., Ltd.,
(quar.)

"

4% %

Boat

Electric

Electrographic Corp.,

40c

Leather

Davison

Electric

62 %c

prior pfd.

5%

Co.

6-14*

25c

1

6-10

50c

Works

5-24*

$1.31 V*

preferred

Amer.

Oil

Electric

7-

20c

Publishing Co., $4 prior pfd.
Cushman's Sons,
Inc., 7% preferred

5-13

9-

50c

(quar.)

Pass

Steel

Dorado
Paso

Common

5-15

Inc

7-

$1,121/2

2

87'/2c

Stores, common (quar.)__
414%
partic. pfd.
(quar.)
Eddy Paper Co., Ltd., class A (quar.)

6-16

6-

5-15

$1.12Va

(quar.)

5-22

6-

(quar.).

Brothers

25C

common

conv.

preferred

6-16

6-16

2

30C

(initial

1

6-23

6-

Co.—.

Co.—

6-

Co., Inc.—

$4

Kodak

6-30

25C

(accum.)

preferred

Products,

common

6%

El

50C

(irreg.)

6%

New

El

1

6-

5-20

(quar.)

Edison

2

2

6-20

6-10

15c

(quar.)

5-14

6-

5-22

1

6-16

(quar.)

par value

6-13

7-

5-15

2

10c

par value

6-

40c

1

6-

7-

93 %C

(accum.)

1

1

6-

15c
50c

Fuel Associates—

7-

$1.13

Cuban-American Sugar, 7% pfd. (quar.)
Cuban Atlantic
Sugar, 5% pfd. (quar.)
Cunningham Drug Stores (quar.)

5-21

6-

Nest

1st

&

Steel

Eastman

6-13

2

5

6-16
7-15'

$25c

no

■

5-14

6-16

6-

7-15

(quar.)

30c

(quar.)

preferred

Cuban

5-18

$1.23

50c

quarr)..

$4.20

6-

1

2

2

8-15

prior

$4.50

Curtis

25c.
;

—

Extra
C.

7-

-6-1

$50C
•62 %c

$1.12%

76-

Co.—

Mfg.,

Zellerbach,

6-16

$1.25

<

preferred

Overall

5-20

6-13

50C

2

2
2

6-

$$1.12%

(quar.)
preferred (quar.).

no

6-13

(s-a).

7-

2

7-

$$1.25

7-

1

7-

Association, Inc.—

6-13

1

(quar.)

preferred

Seal

preferred

2

1

1

7-

1

8-

$$1.75

(quar.)

preferred (accum.)
Interurban Water—

preferred

Eastern

5-21

7-

$5c

(accum.)
&

$2

Crown

2

6-

7-

2

.

8-

J25c

(quar.)_

pfd.

Chemicals, Inc.

44C

preferred

com.

,$2 par and

5-30

International—

Crown

Chrysler Corporation (increased)
Cincinnati Advertising Products (quar.)____.
Cincinnati Milling Machine, common

5%

Cork

•

Co.—

Blackwell

participating

Crown

6-30

$16%C

quar.)__

Co.,

Ltd.,

1

5-17

12%

1st preferred A
6% 1st preferred A
Eastern Racing

5-15

6-

"

(quar.)

$2

6%

5-26

6- 2

6-14

Ltd.—

$2 par and
25C

(quar.)

Corp.

6-13

6-15
.

$19c

receipts (final)
3%% preferred (quar.)...

Sexton

5-15

6-30

7-

25C

5-

$32 %0

Co.,

pref. (quar.)
Eastern Massachusetts Street
Railway—
6% 1st preferred A (quar.)

"

(quar.)

Louis

4%%

6-13

deposit

convertible
&

Crown

6%

9

20c

Petroleum

Crosse

6-

6

5-

6-13

(quar.)

Electric,

Company,

Cribbem

6-25

75c

com.

A

6-

12 %C

2

30c

&

preferred

1

1

6-

6%
preferred
(quar.)
Eastern Air Lines (s-a)

6-16

1

6-30

$$1

6%

St.

7%

5-15

5-15

7-

6-30

1

Co

&

—*.

2

1

8-

(annual)

East

2

8-

Ltd.—

(quar.)__

Easley Cotton,

''

6-

5-15

5-15

$25c

$25c

Corp.

Duquesne Light Co.,

5

6-

Ltd.—

American

5-24

25c

preferred

Picher

6

1

(quar.).

com.

de Nemours &

Plastics

93 %c

Industries

Petroleum, 5%

Creole

6

30c

4%

Durez

6-

2

3%

Eagle

6-

66-

Bonus

a

2

6-6

5-20
5-31

Dunlop Rubber Co., Ltd.—

6-10

1

1

6-10

$87 %c

(initial quar.)_.
Corporation
(increased)

Duplan

3

6-

(interim)

9-10

Co.

preferred

Dubilier

preferred

Courtald's,

75c

—

5-29

6-10
5-15

$25c

preferred

6-

(initial)

Co.

(E. I.)

9-15

Coty Inc.

45c

(quar.)..

$4.50

Pont

Common

4

1
2

(West¬

(quar.)

certificates

Bradstreet, 4%%
common
(initial)

New

6-

76-

preferred

Electric

5-20

5-26

6-25

15c

$3.50 preferred

1

Cory

50c

(quar.)
Chicago Corporation, $3 preferred
Chicago' Mill & Lumber (quar.)

5-20
5-23

&

6-16

,

(initial

Corrugated Paper Box, Ltd.,
5%
preferred
(quar.)
Corp. . (initial quar.)

6-19

6-16

Steel

conv.

(quar.)

RR.

1

6-14

7-

(quar.)

6-20

(quar.)—

Extra

6-

7-

(quar.)
4%% pfd. (quar.)
Oil Co.
(Del.)
Steel
Corp..;

Continental

$1

5-20

Dun

Eastern Gas

:

pfd.

Casualty
Gin Co.,

Continental

$3.50
$30c

Mills

5-15

1

$1.12%

(s-a)

$2.50

preferred

Continental

$1.12 y2
(s-a)___

1

Dumont

6-15

(quar.)
(interim)

6-20

1

25c

(quar.).

6-

6-

4

5-15

Continental Assurance Co.
(Chicago)
Continental Can Co., common

5-16

76-

preferred

Cosden

common

Chapman Valve Mfg., 7% preferred
Chateau Gal Wines,
Ltd

Chestnut Hill

Mills,

1

10c

Extra

Cherokee

Textile

2

$1.12y2

(interim)

6-13

$1.12%

preferred
Ltd.—

2

25c

Store

1

$10c

5%

6-

15c

7-

6-4

6-16

$$1.25

Dresser
Industries, 3%%
Drewrys, Ltd. (U. S. A.)

4

90C

....

7-

27c

6-

7-

6-14

75c

Ltd.—

Cartons

Chemical

4%

6-16

..

1-

$1.04

6-30

Corp.,

40C

Paper
(quar.)
Press, class A' '(initial) 4

75c

common

6-

Dravo

6-

:

■,

90c

(quar.)

5-15

6-30

$1.50

_

Extra

Continental

(quar.)

Mills

5-23

75c

(quar.)..
Ltd.—

Canada,

(quar.)

7-1

85c

(quar.)

5-23

6

6-10

5614c

pfd.

1.

,

Consolidated

2

Certain-Teed Products Corp.—
Chain

common

Consolidated

5-29
6-

Interim

50c

pfd.

6

6-

$25c

15c

Wire,

6-

r

6-20

1

25c

7%
preferred
(quar.)
Donnacona Paper, 4%% conv.
Donohue Bros., Ltd.
(quar.)
Dow
Drug Co

6-16

(quar.)

Mfg., Ltd.—

5-20

$1.12'/2

Products

5-15

$$1.50
$$1.50

(quar.)'

(quar.)
of

7-15

7-

$1.25

5-15

1

$$3

____

9

$15

Co.__

Vermont Public

Century

50c

""6-

40c

Storage (quar.)
Foundry, 5% conv. pfd. (quar.)
Central Illinois Light
Co., 4V2% pfd. (quar.)
Central New York Power, 3.40%
pfd. (quar.)
Central Ohio Light & Power Co.—
3.6% preferred (quar.)
Central

Co.

Power, 6%

Bakeries

15c

Cold

1

6-

64c

$$1.75

(quar.).

Central

Central

com.

4

2

Coke—

preferred

Central

Power

5-20

6-27
.

"'

$1.50

(accum.)

6-

du

(quar.)

60c

preferred

5

25c

(Toronto)

1

7-

(quar.)

30c

;

7-

12 %c

Investments,

voting trust
$1
preferred
(quar.)
Dominion Textile Co.,

Ordinary

(s-a)

6-20

8-15

11-15...

25c

iquar.).

Central Arizona Light & Power Co.

5-

25c

6-

5-15

1

$1

1

6-16

8-15

$15c

(accum.)
Ltd. (quar.)

&

$1.25

Consolidated Edison Co. (N. Y.)
Consolidated Gas Electric Light & Power
Co.

5-12

1

50c

6-

$1

8-25

5-23

$$1.25

Common

2

50C

" 74 1

1

6- 2..'',.
$1.50.'.;,., 6-10

(quar.)

Common

2

6-

12 %c

4%% preferred B (quar.)
4V2 % preferred B (quar.)
Consolidated Gas Utilities (quar.)
Consolidated Laundries (quar.)
Consolidated Lithograph

8-

25c

...

5-15
6-

6-23

6c

Quarterly

5-20

0-

25c

Corp., 4% preferred (quar.)
Carthage Mills, common (increased)
6%
preferred A
(quar.)
6%

1

12-

r

Cassidy's, Ltd., 7%

Consolidated

2

Tar

6-23

59c

Connecticut River

37VaC

—

Biscuit

Inc.

$2.40 preferred
Connecticut Power

5-22

37'/2c
...

Dominion

90c

preferred

(Bait.),

Carrier

'

$2.20

9

5-20

2

6-

Carolina Telephone & Telegraph
(quar.)".. 7$2

Co.

5-

Oak—

(quar.).

2

5-23

8-15

;

(quar.)

50c

,

common

5%
preference
Dominion Stores,

preferred

50c

(quar.)

Assn.

Congoleum-Nairn,

5-31

6-

$37c

(quar.)
(quar.)
(quar.)
Baxter & Kennedy.....

Dominion-Scottish

50c

;

preferred

Life

6-

JlOc

Preferred

Carr-Consolidated

participation

6-30

$25c

(quar.)

5-20

75c

quar.)

Quarterly

Co., Ltd.—

Preferred

Carpenter Steel

2

6-25

$37 %C

(Omaha)

(quar.)

Nast

Confederation

1

6-13

_

2

5-20

_

Connecticut Light &

(quar.)

preferred

Extra

5-

7-15

(s-a).

(increased

(quar.)

preferred

8%

1

6-30

i._

Carpenter Paper

5-

7-31

preferred

Gold

Co.

Publications
Confederation

Trust,

Preferred

Carey

2

$17y2c

(quar.)

convertible

2

6-

t$1.75

common

6-10

6-

2

3

62 %C

Ltd.,

6-30

Amusements, Ltd.—

6-

t50c

——

1

(quar.)
Envelope
&

25c

Community Public Service
Compo Shoe Machinery (quar.)

.

$50c

...

11-

6-

3

6-

37 %c

preferred

50c
Carbon

Common

Conde

1

Milling & Elevator—

5-15

8-81

12-

6-

6-

8-25

25c

ern), Ltd.. 7% preferred
Dominion Malting Co.,

25c

2

7- 1

3

50c

(auar.)

6-

4%

Dominion

5-

5-20

Commercial Credit Co., common (quar.)
3.60%
preferred
(quar.)
Commonwealth Investment Co. (Del.)
(quar.)
Commonwealth
Telephone,
$5
pfd
(quar.)
Commonwealth Title Co. (Phila.) —

$780

.

preferred

6-20

5-30

6-12

6-20

Class B

5-30

6-12

1

15c

7-15

1

1

2

1

5-29

$1.50

Mfg. Co.
(quar.)
Anglo Investment Corp.,

7-

2

6-14

$1

6-

6-

(quar.)

Columbian

1

Dominion &

7-

—

6-10

7-

Doernbecher

6-12

25c

Iron

&

.

6-20

7-

6-12

45c

6-13

$250

1
1

$1.50

Power

6-28

$$1.12%

77-

37 %C

5-31

6-28

25c

$2.50 class A (quar.)
Dobbs Houses,
Inc.
(quar.)
Pepper
Co

5%

2

6-16

common

25c

(increased quar.)
preferred
(quar.)
Columbia Broadcasting System,
Inc., class A

Ltd.—

Co.,

7-

87 %C

5-14

2

$1

$25c

Aikman

5-27

6-

6-10

(quar.)

$25c

7-25

(quar.)

Cup

5%

6-10

$1

$5.60

(s-a)

6-

15c

Dr.

$3

2

common

$3

Ltd.

$$1.75

Corp.,

5-26

6-16

5-31

25c

preferred (s-a)
(Walt) Productions, Inc.—•

Dixie

6-17

75c

6-16

7-

6-11

6-16

common

$15c

$50c

12-15

5-29

12 %C

B

Disney

1

(quar.)

Corp.,

...i,

6%
convertible preferred
(accum.)
Disston (Henry) & Sons
(quar.)
Distillers
Corp.-Seagrams, Ltd. (quar.)

3iy4c

$25c

$15c

11-15

6-25'

(quar.)

(quar.)
(quar.)

.

partic.

$1.50

Co.,

convertible

Colorado

5-10
5-30

$3

7-

.

Fuel

Class

10-15

1-1-48

Corp.

Dictaphone Corp.,

9-15

1
1

Electric—

$50c

(quar.)

(initial)

Capwell Sullivan & Furth
v-

6-

1

11-

Motor

Stores

5-31

6-16

37 %C

4% preferred (quar.)
Di Giorgio Fruit, class A

$1.75

Common

!,

$1.50

2

6-16

f

10-

12-

50c

__

(s-a)

Central

5%

5-30

Extra

(interim)

(s-a)

Plow

Special

5-15

Capital Wire Cloth

8-15

Colorado

6-26

Silk

2

5

2

1

$1.50 class A (quar.)
Canadian Tire Corp.. Ltd.

7-15

9-

2

2

Malartic

6-14

1

7-

7-

5%

5-15

1

8-

Colorado

(quar.)

International

2

7-

5

6-

preferred

6-

5

7-31

Canadian

Diana

6-20

1

6-14
6-14

50c

(quar.)

Car

Diamond

5-10

2

7-

$2

s-a)

Co

T

5-10
5-15

6-

5-22

Match

5

6-20

25C

(increased

Co.

Cement

2

(quar.)

common

Inc.

Alkali

11-

7-1

35c

Portland

2

6-

6-

Diamond

6-

2

6-

2

6-

7-

6-20

6-

6-

5-28

6-20

6-13

50c

Colgate-Palmolive-Peet,

$10C

Diamond

20c

6-16

,

Canadian Industries, Ltd.,

A

A

$32 %C

2

5

11-15

25C

Chemical

Hotel.

6-

87 %C

1

7-

Witt

6-13

(quar.)

2

(quar.)

A

&

Almy

6-20

8-

30c

(quar.)
;

&

5

8-15

15C

(quar.)

Extra

Dewey

1

5-15

50c

(quar.)

Diamond

$$1.12%

Investment

2

2

7-

1

SOo

(quar.)_

Devonian Oil Co.

2

6-

$2

(s-a)

(quar.)

Raynolds, class B
A

$1.25

7-

50c

(quar.)

6-

6-

De

6-12

34%c

5-15

1

1

(monthly)

International

&

2

7-

&

Class

50c

710-

12-23

Stove—

preferred
preferred

5%
Devoe

5-29

7-

$3.50 pfd.
(quar.)_
Corp
Colonial Ice, $6 preferred B
(quar.)
Colonial
Stores, Inc., common—
4%
preferred (quar.)

(s-a)

Alcohol

Gas

Co.,

class

Collins

6%

5-15*

1

6-12
6-

Detroit-Michigan

200

preferred

Cockshutt

2

6-

20C

Coca-Cola

5-22

$25C

B

Ltd.,

6-

6

$183/4C

Industrial

Class

Canadian

6-16
6-

5-29

5-29

200

1st

Class

6-14

(quar.)

Inc.

Semi-annual

$18%C

preferred

Class

i

2

6-10

1

Union Stock Yard Co.
(quar.)
Detroit Hillsdale & South Western
RR.

5-31

6-14

20C

Counties

$3

6-14

40c

tioc

common

class A

Foreign
Quarterly

7%

6-

7-

Fairbanks-Morse, Ltd. (quar.)
Products, Ltd., com. (quar.)

Canadian
v

6-16

50C

Food

convertible

4 y2 %

2

1

12-23

20c

Coca-Cola

6-10
6-

10-

$1.75

25c

Peabody & Co., common
preferred
(quar.)—;.

7%

5-15

6-20
6-16

$37 %C

Canadian
»

1

$1

—

$1

6-

2

50c

(quar.)

Canadian
(Canadian

Cluett

6-15

6-

Breweries, Ltd. (increased quar.).
Converters, Ltd., class A (quar.).

Canadian

*

6-20*

15c

Dominion Sugar, Ltd
Foundries & Forgings, Ltd.'—

Canadian

i

6-16

10c

&

preferred (quar.)
Vinegars
Ltd.

6-20*

7-

3iy4c

$62 %c

Canada

6-18*

1

15C

(quar.)

Machinery Corp.
Co., Ltd.

4-30

1

7-

$1.75

(quar.)

Malting

2

7'

common

Canada Northern Power,
7 %

6-

25c

1

$1.75

(quar.)

50c

Monthly
Monthly
Monthly
Monthly
Monthly
Monthly

3iy4c

7-

quar.)

preferred

$1.12%

Monthly

$1.12%

$1.75

preferred

200

2

6-16

25C

'

7%
Denver

20c

5-

1

15C

5-15

5-15

6-20

25c
common

5-28

1

2

5-12

20o

6-14

6-10

7-

$1.50

6-20
6-

6-

,

1

$1.25

(initial

Industries,
Monthly

250

2

Bronze—

Clinton

(quar.).

7-

37V2C

(irreg.)

special guaranteed
regular guaranteed

55-

2

.

Canada Cement Co., Ltd., $1.30
pref.
Canada Crushed Stone, Ltd.
(quar.)

A

4%

2
2

6-

$35c

Ltd.,

preferred

2

6-

(irreg.)

Canada

1st

2

5-

(initial)

quar.)
5%
preferred
(quar.)
Cleveland & Pittsburgh RR.—

6-

common

Co.,

5-

2

com.

7%

(quar.)

$1.25

—

preferred (quar.)
Cannon Foundry

Bread

2

$1
25c

Y.),

6-

20c

Illuminating Co.,

Graphite

common

$1

Mills

Co.,

66-

New

87 %C

—_

Forge

Canada

Cleveland

2

Products—_

Cotton

convertible

Canada

5-13

87%C

Caippbell Wyant &

(

5-15

2

.

Irregular

Class

2

6-

6-

Water
Service
(quar.)
Calumet & Hecla Consolidated
Copper—

'

6-

Cleveland

(quar.)

Dentist's Supply Co. (N.
7% preferred (quar.)

—

10%

Electric

Properties

Monte

When
Holdert
Payable of Rec.

Share

Co.

$3.50

_

(Tenn.)

dividend

preferred

Company
Hudson

Del

8- 9

11-10

Manufacturing Co.—

Clayton & Lambert Mfg.
Clearing
Machine
Corp

2

6

California

Canada

6-

25c

preferred (quar.).
pfd. (initial s-a)

6%

5%

8-15

11-15

$1.75 2-16-48 2-10-48

Co.
(resumed)
Equipment Co., new common
preferred (quar.)

Stock

6-20

2

5-

California Electric Power, common (quar.)_
California Ink Co.
(increased)
California Pacific Utilities, common (quar.).
5%
preferred (quar.)

Canada

1

7-

2

—

2nd

Hosiery,

Electric

5%

7-

6-

.

California

4y2 %

5-20

$1.75

Controller

$4.50

5% non-convertible preferred B (quar.)1..
Butler Water Co., 7% preferred (quar.)

:

6-

12%C

Adding Machine
Bldgs., 7% pfd. (accum.)
Butler Brothers, common
4%% preferred (quar.)
Butler (P. H.)
Company, common
f*6% convertible preferred (quar.)
v

5%%

Clark

Per

Name of

$1.25

20C

Bush Terminal

-

Clark

25c

-Burroughs

Camden

2

5-16

Concen¬

(quar.)__

common

6-

2

Payable of Rec.

$1.75

(quar.)

50C

_

,

convertible

preferred

6-16

90c

preferred (quar.)
3 %%
preferred (quar.)

Gable

2

$250

Extra

3%%

5%

(quar.)
(quar.)
preferred (quar.)
7% 2nd preferred (s-a)
City Water of Chattanooga

Clarostat

(quar.)

4%

Burnham

preferred

47

(2967)

Holdere

Delaware &

1st

6-14

$1.25

_

(quar.)

Ltd.

Sullivan

Mills

1st

7%

6-20

12 %C

Burlington

!

6-

1

When

Share

preferred

"7%

5-20

2

1st

20c

Extra

.

6-

6-16

7-

Company

7%

20c

Ltd

Bullock's,
Inc.
Bunker Hill &
trating Co.,

5-15

25C

(irreg.)

Electric

Products,

Bullock

7-15

$1.25

Co

preferred

7-31

i2y2c
common

$5 preferred

Niagara

3.60%

5-15

6-16

Per

City of Paris Dry Goods—

5-20

2

90c

(quar.)

Oil

Pipe

2

6-

$30c

i:

Ltd

Brunswick-Balke-Collender,
$5

6-

30c

(quar.)

Mills,
Mfg. Co.

Name of

Payable oj Reo.

2%c

—

common

Silk

Brunner

Share

Co.

Holiert

m

&

Traction,

$6

pfd.

(quar.).

$1.50

8-1 S

8-12

6-

5-19*

2

48

Federal

Screw
Water

&

Feltman &

Gas

(quar.)

com.

Lakes Engineering

Great

Lakes

6- 1

Great

Lakes

6-10

6-

5

Great

Northern

35C

6-20

6-

5

Great

20c

6-25

6-

6

$3

,6-16

(increased)
Fidelity Fund, Inc. (quar.)
Finance Co. of America at Baltimore—
Corp.

Enamel

(quar.)

A

Class

—

$3

6-16

6-

6-

Quarterly

--

Firth

Corp.,

Rytrfl,

»yu i i

mm—« — —

_

participating class A

5 %

non-cum.

7%

Co.,

Flintkote

(quar.)

preferred

$2.50

„

2

5-17*

6-

2
1

6-

2

5-20

1

8-20

6-

6-14

5-31

6-14

6-

6-10

5-20

$25c

6-14

5-23

Hajoca Corp.

6-14

5-23

Hale

,

t$1.50

7-

1

6-

2

6-15

5-31

1

6-16

25c

7-

37'AC

(Geo.

7- 1

6-14

1

6-14

1

7-25

6-30

2

5-16

Railway

$$1.25

Havana

Lithographing

5-31

Haytlan

Corp.

6-23

1

2

25c
75c

75C
15c

-

5-31-

'6-10

6-21

Hecla

5-15

6-16

6-2

Hein-Werner

6-

4c

7-

6-16

30C

7-

15c

(quar.)

'7-

7-15

11-25

11-10

6-13

5-29

1

6-19

7-

1

6-21

6-

1

5-

6-15

Brewing Co., class A
A
(quar.)

Class

7-

7
7

Hooker

5-21

6-

2

5-23

6-

1

5-15

10c

6-

1

6-30

6-17

25c

7-

2

6-

2

$1.50

7-2

6-

2

$1.50

6-

$5

Products

Gerber

Co.,

1

7-

1

6-13

7-

1

6-13

5

6-14

Insurance

C.)

(H.

Brewing

Goebel

preferred

2

6-

40c

7-

1

6-11

60c

7-

1

6-11

56'Ac

7-

1

6-11

6-

2

6-18

7-

1

6-18

37'Ac

6-

2

Goodall-Sanford,
Goodrich

Co.,

F.)

(B.

Gordon Mackay Stores,
B

Class

W.)

Granby

Consolidated

6-30
6-30

6-16

Power,

Grand

Rapids

Grafton & Co.,

$1

6-16




&

Quarterly

Corp.,

,6-14

$12'Ac

5-16

$1
$1
35C

6-14
6-16
7-

1

6- 2

5-16
6-

5-15

2

5-15

6-10

5-31

Mortgage

2

6%

5%

7-

$30c
10C
•

$25c

6-

2

6-16

6-16

5-16
6-

Co.—

,

5-31

;

2

6-

6-30

6-23

6-20

6-10

j

5-23

6-14

$1.06'A

6-26

2

6-20

6-

7

6-30

6-20

.

7-

Common

$1.50
Indiana

5-22

50c

6-30

6-16

6-

1

5-

9

6-

1

5-

9

6-

2

4-16

6-

9

5-

9

6-

2

5-

8

6-

2

50c>

Indianapolis

6-10

5-20
5-

9

6-30

6-19

6-30

6-19

6-

1

5-15

12'Ac

6-

1

5-15

$20c

7-

2

6-

9

6-

9"

7-

2

6-

2

5-12

6-

2

5-12

7-

1

6-10

80c
«.

80c

class
class

A

(quar.)

(I.

(S.

(S.

»

6-30

A

6-

6-16

NY2C"

(quar.)^

7-

.

u

2-

6-

,

1

6-16'

37'Ac

7-

1

6-16

25c

6-

2

5-19

$1.12'A

7-

1;

6-16

25c

7-

1

5-29-

7-

1

5-29

50c

6-6
6- *5

5-24

$3c

6-27

5-31*

—w

__1

—

Mines

(Interim)
Inc.—

>

5-24

,

6-.1

6-20-

$1.50

7-

6-24

$1.50

6-2

50c

6-14

.6-14

30c

preferred Aquar.)

(quar.),___

Wire

—_

&

(quar.)^.—

"(quarJ_Z__

.

7-

(quar.)____
20c
.

:

5-29

7-

1

6-12

.

6-12

.

5-31 V
6-16

1

-

5.-

20c

6-30

6-

10c

6-14

5-24

6-25

6-10'

6-16"

6-

,6-12

5-29

,25c

,

'

6-296-12'

.6-16.

,25c

"...

5-26"

"7- 1

$1.12V2

(quar.)_______

1

7- 1:.

35c

$1.50
25c

B.)

y

6-20

9-30

9-20

12-30

6-

40 c

7-

1

6-12>

$1

7-

1

6-12

6-12

5-29

6-

1

5-22

2

5-15

'

S.)

6-12

.

6-

H.)

Machine

Bryant,

Lane

5%

6-23

4-25

2%

6-23

4-25

5-20'
5-

2

8

6-27

6-20'

9-29

9-22

12-29

12-22

6-

5-

2

9'

7-

6-16

10-

9-15

•

8-

.

"

7-15>

11-

10-15

.

7-

6-21*

6-

5-. 1

6-

5-

7-15

6-20'

6-14

5-14'

6-2

5-15'

6-2

1

5-15

6-

9

6-26

6^-

2

4-25'

,7- 2

$$1.50
20c

Co. com. (increased)

(quar.)
Co., (quar.)

Co.

6-14
7-

62'Ac
________

25c

—

(quarj—______________

Inc.

(quar.)_

25c

..

25c-

'

.

8-15

8-

11-15

11-

.,6f

2

(John)

Lang

Langley's Ltd., 7% ,conv. pref. ,(accum.)___
7%
convertible preference (accum.)

convertible

Leath

&

6-

2

5-16

Lee

$10C

6-30

5-13

Company,

preferred

$2,50

$25c

preference
common

$37'Ac

6-

5-20

6-

5-14.

1

7-

1

7-

6-17

$1.25

7-

6-12

20c

6-

5-10

-

4

6-10.
6-10

*

25c

6-

5

5-20

6-

2

5-15"

50c

6-

5

6-

2

5-10

6-14

'5-29

5-

5

Leland

$1

4.

9-

12-

.35c

Coal & Navigation.
Lehigh Portland Cement
Lehn & Fink
Products

25c

4,

9-11

62'Ac

(quar.)

5-20

6-10,
6-

12-11
7-

D.) Company (quar.)
(James)
& Sons
(quar.)__

6-

5-26

1-.2
6-11

.25c-

(H.

Lees

5-28'

$750

-

5'

-5-26,

•

$75c

(accum.)

(quar.)——

6-14

$75c

5

5-28v

6-15

6-14

$25c

& Sons, Ltd. tquar.)__

4 '

'5-15

6-15

$1

(quar.)

6-

6-20

10c

—_______

Bleachery .& Dye Works

6-14'
t

1

50C

Extra
Lanett

7%

ordinary

5 ''

~

12-20

35c

2-

6-14

10c

256

$1.25

6-

6-14

€-16

25c

.

Industries,

preferred

$2.50
Landis

$1.25

$1.50

6-14'

1

,6-30

30c

Semi-annually

5-26

3 7'Ac

7r

$1.12 Yu

...

Lamson & Sessions

Ltd.—

Lehigh
$ 15c

A

5-31

.

4
(

6-14

15c

$1.25

pfd.

.,5-17*1

6-16

.

$1.75

•

Water, 5%
A
(quar.)

i

5-17

2

6- 2

;

.

12'Ac

_____

(quar.)

6-

$3
12VzC

'

$75c

—

(quar.)
(quar.)

1

5-17

:50c
Company (quar.)
—,___
50c
& Company
$1.12'A
preferred A (quar.)
$1.12'A
4'A %
preferred
A
(quar.)
$1.21'A
4 'A %
preferred A (quar.)
60c
Kroger Company, common (quar,).
—
$1.50
6% 1st preferred (quar.)—
$1.50
6%
1st preferred (quar.)
—
$1.75
7%
2nd preferred
(quar.)
'
$1.75
7%
2nd preferred (quar.)
50c '
Kuppenheimer (B.) '& Co.. (s-a)
$40c
Lake of the Woods Milling, common (quar.)
$$1.75
7%
preferred (quar:)
$$1.50 '
Lake St. John Power .& Paper Co.. Ltd,
$18c
Lake Shore Mines, Ltd.
(quar.)—
30c
Lake Superior District Power, com. (quar.)_
..$1.25
5% preferred (quar.)——
—
15c
Lakey Foundry & Machine
$2c
Lamaque Gold Mines, Ltd. (interim)
Lambton Loan & Investment Co. (Ont,)-—„

1

6-20

1

$$1

convertible partic, preferred
Gas & Water
(quar.)
.'

1
'■

5-15

Kroehler Mfg. Co., 4'A%

$20c

(quar.)

4

6- 1

Rubber_Z____I
I
Knudsen Creamery Co.,
common.—^
Koppers Co., Inc., common
(quar.)
4%
preferred (quar.).
Kress

6-10

31'Ac

Steel

Kleinert

Kresge

20C

;

6-

•-

class

Gold

Oil

Lane-Wells

Bonus

5-31

6-14

6-2

I

____

King-Seeley. Dorp, ^com.___
2
5%
conv.
pfd. ,(quar.)______—__________
Kingsport Press, Inc. (quar.)
1
;
Kingston Products Corp. ' (s-a)
;____
Kinney (G. R.) Co., common
Kinney Mfg. Co., .$6 non-cum. pfd. (quar.)_

5-31

6-10

IOC

Imperial Oil, Ltd. (s-a)
—
Imperial Tobacco Co. of Canada- (interim).
Imperial Varnish & Color Co., Ltd.—

5-29.1

6-10

.$3

Corp., common
convertible 2nd preferred

5-13

6-2

|

37'Ac

(final)

6-10
»

.

2

6-

(quar.)—_

for

.

$3

pfd. B (s-a)

4'A % ■" preferred

.

5-15

2

6-30

6-

(quar.)_

(quar.)—
(quar.)

v

,

..

Kimberly-Clark

7-.15

•

Imperial Chemical Industries,
American
deposit
receipts

2

6-26

»

.

2

6-

.30C

C.¬

Hyde Park Breweries Assn
Hydraulic Press Mfg., 6% conv. pfd. (quar.)
Illinois Municipal Water, 6% pfd. (quar.)___

2

8

preferred
preferred

5.

5-31

' ■

95c

__4_i
Ry.

(s-a)

Fibre, 6% prior preferred
preferred
(accum.) _______

Keystone

(Ontario) —

'
_____
Sugar Plantation Co.

16-14

Light—
Gulf

6-17

7-25

$6

$1.50

Corp.

5/

5-31

:30c

^

6-27

6-26

Ltd

Indianapolis Power & Light, 4% pfd.

&

_

convertible

$1.20

5-19

75C

(quar.)__

pfd.

6-

1

;

.

Land Co..____

Addison

Keyes

/

6-21
5-

&
&

Copper

County

Kerr-McGee

5-28

2

6-

$1.06'A

(quar.)

Huttig Sash & Door—
5% preferred (quar.)

5-15

6-14

$12'Ac

Kerr

5-31

$1.50

7%

7-

6-

3

=6-14

15c

(quar.)

1

,:20c

1

Water

Erie

Hutchinson

5-15

6-16

Co

Varnish
_
Ltd., class A (quar.)—

6-

$1.25

Gorham Mfg. Co.

Mining Smelting
Ltd., common (resumed)

9

5-20

(irreg.) —
Fisheries
Co

(H.

6-

$1

(quar.)

Gossard

6-30

$1.25

Ltd., class A (quar.)

Gorton-Pew

5-23

6-16

common

Tire & Rubber, common (quar.)_
convertible preferred (quar.)—

Huron

5-23

6-13

2

Goodyear
$5

6-13

5c

$1
37JAc

(quar.)—

preferred

6-

6-20

Kern

tic

(s-a

B

preferred

6%

5-20

5c

(quar.)

Class

5-31!(

7-

(now

5-22

6- 5

5-15

1

7-

(quar.)

Ltd., 4% pfd.
Inc.
(quar.)

6-23
6-16

4%

5% preference (quar.)_
5% preference series A
(quar.)
Hunt's, Ltd., class A (s-a)
Huntington

6- 5
"

$1,

(quar.)

convertible

Kennecott

6-

(quar.)

.

7-11,;

30C

Kendall

2

6-16

____

Mfg. Co., common
preferred (quar.)'.

6%

2

-

Golden State Co.,

6-16

5-29

75C

(quar.;

Refining

1

50c

6-

,

50C

pfd. A

8-

■

Hunt Foods, Inc.,

2

6-

6-20

$1

(quar.)_

Extra

$5

6-

6-20

$1.12'A

(quar.)
Co., 6%

6-12

$l'Ac

Co.,

preferred

$4.50
Godman

25C

*(N.

Co.

Ltd. (s-a)—.—.
Godchaux-Sugars, class A (quar.)
Oil

Globe

1

—

Y.) (quar.)_
Glidden Co., common (increased quar.)
4 V2 %
preferred (quar.)Falls

7-

&

7-11,

50c

6-13*

6-16

(interim)

Humphreys

7-

8-

pfd.

4'A%

.Class,. B .(resumed),
J_
Co., common (quar.)
$4,50 preferred A (quar.)

6-10

7- 1

$1.06'A

Oil

1

$2.25

Parchment Co.

preferred A

non-cum.

$1.50

6-27

56'Ac

t.

9,

8-

50c

___!

5-21

—

v.

6.

6-

,«

$1

75c

2

6-

$1.12'/a

:

6-

i6-17

25c

20C

—1—

9

5-25

1

6-20

,25c

K^rser (Julius) & Co. (quar,) ___________

____

(quar.)_,

6-

$1.25

$1.25.

Kelsey-Hayes, Wheel—

50C

pfd.

common

Pulp ,& Paper 5%

1

$1.25

.6-20

+6C

common

Humble

5-31

common..

5-15

25c

Hudson

6-10

___-

5-15

$1.25

2

6-14

,.30c

V

•

5-21

—

Hudson Bay Mining & Smelting Co.,
Hudson Motor Car Co. (quar.)
:

30c

(quar.)-

preferred
Oklahoma

cum.

6%

6

1

25C

—

Howey

9-15

5-

$29.75

order

,

25c

—

$4.25

Ltd.

f

4- 2

87 "Ac

1

34%c

—__

6-14

6-30

7-

_—

4'A% preferred (quar.)

Gold Mines,

t

5-29

(quar.)_ .:

67a, non-cum. preferred C- (irreg.)
Katz, Drug Co., common (quar.) 1,
$4.50
preferred
(quar.)..:
Kawneer Company
1

3R5

9-18

$1.12'A

common

;

25c

1

6-

6-

"6-16

of Canada/Ltd.—

(Texas),

Co.

11-10

-

2

(irreg.)__,

1

.6-20

! 6%

5-15

87V2C

___

9

1

'60.C

2nd pfd. A

to

2,

6-16

(quar.)__

6-

common

Oil

12-

(initial)

com

6- 2

—__

(quar.)

7-

$1.50
$1.25

5-20

2

6-

25c

(quar.)___—

10-

21'Ac

6-2

„25c

conv.

New

8-

<

6-

_________

15c

25c

,5-27

25C

(quar.)
(irreg.)

Howard Stores Corp.,

6-

,6-30

"50c

6-14

6-10

Kansas

"

Power

.

■••■'h 3.80%

5-29

,50c

1

50C

City

6-20

130c

pfd. (quar.)—
Lighting & Power—
(Initial quar.)

.$2.25

2

Co.
(quar.)
Kokenge Co

&

1

—

7-

1

Mfg.

6-14

50C

Y.)

9-

5-31.

$5c

25c

(monthly)

(N.

5-10

37'Ac

(quar.)_

$2.50

—.

—

Co

Co.

6-2

'

Co.—

Statler

Houston

30c

Glens

7-

..

______

15C

(quar.)
Gillette Safety Razor, $5 preferred
Gisholt Machine Co.
(quar.)_
Gleaner Harvester Corp. (quar.)_

Kansas

Houdaille-Hershey Corp.—

5-19

common

preferred

-4'A %

6-20

50(5

(quar.)

preferred

5%
Hotels

Houston

(quar.)

preferred

Hardart

5-

30c

(quar.)

basis)

s-a

1

$1

preferred

&

Horn

5-15

25c

10-

a

7-

75c

(quar.).
Co.,
common
(quar.)
414% preferred (quar.).

20C

15c

on

zoo, Vegetable
Kalamaz'

53 y«c

Co.

Corp.

6-14

■

Parts

Electrochemical

$4.25

IY2C

15C,

-25c

preferred

new

6%

6-20

______—.

Guaranty

Oil

Honolulu

7-

(quar.)

from

7-1

Hoover

(quar.)
Class B (quar.)
Georgia-Carolina Brick & Tile Co
Georgia Hardwood Lumber (initial quar.)_
Georgia Power Co., $6 preferred (quar.) —

Changed

Julian

IOC

V.

5-31

6-16
6-16

Ltd

(s-a)

Joy

15C

Co. 5'A% pfd.
Inc. (quar.)"

Mining

Homestake

1
1

Class B

preferred

$1.25

(quar.)_
pfd

6-14,

25c

(Del.)

Supply'Co.;

&

$1.25

(Charles E.) Co. (quar.)
Consolidated Gold Mines

8-

stock.
Genesee

Mfg.

'A %

-

.

6-14
6-14

1

'

$25c

Title

Home

8-

1

4

5-15

1

6-

5%

Joslyn

3

6-

.

1
1

7-

^

Laughlin. Steel, common.
preferred A (quar.) J.

7-7

Hollinger

9*

$1.25

6-12

6-12

77-

93%C

consummation

5-12

Co....

Dauch Paper Co.

Hinde &

Hires,

$1.25

6-10

5-15

6-16

87y2c

(quar.)

&

7-21

Quarterly

84 %C
75c

5-15

1

2

7-15

•

75C

Co.

4%

6-2

1

5c

*7-

1

.6-

37'/2C

.

—

"

Spencer Bar.tlett

Hibbard

50c

$1.75

Subject to

"6-

2

6-

81 'Ac

2nd

Jones

25c

5-20

25C

25C

series)
of

5-15

6-

6-16

$75c

preferred B_____
Joliet & Chicago RR. Co.,—
Stamped common
(accum.)

5-15

.

Corp.,

:: :15c

...

Hey wood-W akef ield Co., common
5%
preferred B (quar.)

6-16

1

5-26
6-18

'4%

6-25

.6-14

'

common

6%

Johnson & Johnson,

,

_______

Heyden Chemical Corp., common
31/2 % preferred A (quar.)
:

93%C

—

conv. preferred (opt. div.
Cash or 44/1000ths
share

6-

7

5-14

1

9

6-1

.

Motor

(C. J.)
Hewitt-Robins,

5-14-

2

6-

6-

1

40c

(quar.)..

conv.

—J

Hendry

*6-10

6-25

25c

$1.75

7

.6-

1

20C

1

1

Heileman

1

7-

50c

Department Stores.
Mining
(quar.)
:.
(G.) Brewing Co. (irreg.)

Hearn

1

7-

Johns-Manviile

7-

5-12*

Tea

9

6-10

2

7-15

Power—

Mines,

$1.50

of America
(quar.)

Corp.

6- 2

'7-

2c

—

Hazeltine

4

6-

6-14

Shoe,

6-

5-20

5-15'

6-

30c

1

6-10

5-15

2

75c

(quar.)

Machine
Co
Knitting Mills, 5% pfd. A
Co., Inc. (quar„)

Jantzen

2

6-

"

(quar.)

7-

$1.06 V*

Hazel-Atlas Glass Co.

7-

General Shareholdings—

$6

5-31

7-

Jewel

6-

;

5-31

1

25c

63%C

Corp.,

7-1
7-

5-20

5-15

6-

60c

$2.50

2

6-

"5-20

6-13

2

22'Ac

(quar.)
(irreg.)

Manufacturing Co.

Mountain

Jaeger

6-13

50c

preference (quar.)
$3
non-cum.
preference
(quar.)
Hathaway Bakeries, Inc
Hathaway Mfg. Co. (quar.)...

■6-16

6-25

Island

5- 9

6-10

prior

$4

2
2

$1.25

common

5%
Tobacco Co.—•'

Hartman

1

7-

Chemical,

Hartford Rayon

6-2

6-

6-

9

15c

(quar.).

Co., Ltd
Hart-Carter Co., Inc., $2 preferred

1

6-16

6-10

5-

6-

50c

Ltd.

&

50C

7- 1
6-

6-20

Quarterly
Quarterly
Irving (John)

$1.06'A
$1.12 &

6%

5

5-15

Co.—

Refractories

<6- 2

6-

2

$1

common

$1

-

6-

5-21
5-20

1

$25c

30c

Fireman

25C

Hart. Battery

6-

"6-

Iron

6-20
6-23

t40c

30c

Utilities

Southern

5-15

1

(quar.).....

5-19

Cement (initial)-.
Signal Co., common

preferred

Increased

1

8-

8-15

Iowa

6-13

(accum;)

preferred

2

$7C

c0mmon_.__4.__

Harshaw

6-

$$1.38

Corp—
convertible preferred (accum.)
General Plywood Corp.
(quar.)

General

preferred

$4.25

3.75%

6"lO

6-13

.6-30

"$50c

(s-a)

(quar.)

Co.

Public Service Co.,

Iowa

.

6-

$22'Ac

:

Co.,

A.)

(M.

5-19

$30c

6%

Portland

7- 1

__

...

6-16

10c

General Panel

General

$30c

6-10

25C

(quar.)..

5-15

$1.10

preferred (quar.)
preferred
(quar.)
General Outdoor Advertising, common

5-16'

1

25c

2

He

$3.75

1

_________

2

$1.25

$5

1

6-

7-

25c

....—.....

:$1.50

Co., common—-—
7%
preferred (quar.)
General Coal Investments—
General Dry Batteries
General Finance Corp., common (quar.) —
5%
preferred A (s-a)
General Fireproofing Co., common....
7% preferred (quar.)
General Industries, 5% preferred (quar.) —
General Mills, 3%% conv. preferred (quar.)_
General Motors Corp., common (quar.)

12-

20c

fquar.)

7-1

$25c
12 Vic

Cigar

1

6-30

Stores

preference
C

6-16

7-15

(irreg.)

Corp.

Light

preferred

5

.$1

6'A% preferred B (accum.).;
7% preferred A (accum.)...

,•

25C

B

Hanna

6-14

___

(quar.)

11-

Electriq

6%

1

(quar.)..

preferred (quar.)
Harnischfeger Corp., common
5% preferred (quar.)—
5%
2nd preferred
(quar.)

common

Corp.

Bronze

Class

Iowa

1

8-

_

Extra

7-

10c

pfd. (quar.)

,5-

1

5-

$1

Ltd

Corp.

Foundation,

25C

414 % preferred (quar.)_

preferred

Harbison-Walker

(Theodore) & Co.—
1st preferred (accum.)
Gatineau Power Co., com. (increased quar.)5%
preferred (quar.)——,——
5 'A %
preferred
(quar.)
Gaylord Container Corp. com^,(quar.)__
5 Yz'%
preferred =<quar.) —
Gemmer Mfg. Co., class B common
$3
participating preferred A (quar.)
General America Corp. (quar.)
General Bottlers,
Inc
General Box Co.
(increased quar.)

6%

6-14

$50c

$1.60

General

1

^621/2 C

Gary

1

9-

6-2

2

6-

Canada, Ltd.—

Co.,

Gas

convertible

6%
■

6-

common

preferred

Extra

,

5-29"

$20c

(quar.)
Hancock Oil Co., class A (quar.)

7-

6

Utilities

Natural

;

5-29

6-16

Corporation

investment

$200

preferred

6%

7-

25c

Gannett Co., Inc., class B conv.

Co.,

Hammond Instrument Co., common

2'Ac

Investors

Co.,

9-15

25c

preferred (s-a)
A.), $3 convertible preferred—

Fundamental

Mfg.

Watch

414%

25c

preferred (quar.)
of the Loom, Inc.—

$1.10

:

Ltd. (quar.)
preferential partic.

Hammermill Paper,

6-20

25c

6-20

6-10

30c

Petroleum

75c

Co,,

convertible

4%

6-30

■—

7-

;

of

Paints, Ltd. 5% pfd.

Department

Intertype

I

Lamp Co. (increased),
Mines, Ltd.
(quar.)...

Hamilton

25c

s non-cum

$1.50

(s-a)

6-16

—

see

Co.,

Interstate

6

$50c

1

10-

37y2c

Companies,

Fruehaut Trailer

Interstate

common.—_______—

7- 1

37'AC

Simon .(Franklin)
Ltd. (quar.)__Freeport Sulphur Co. (quar.).—.
Friedman (Louis)
Realty Corp. (quar.)-,—
Freiman (A. J.) Ltd. (extra)
Frontier Industries, Inc. (quar.)
*

International

6-18

M.)

(C.

Common

(quar.):

preferred

6-18

85c

(quar.)
:
(quar.).

Hamilton Cotton

5-15

Brewing Co. of Indiana (quar.).
Fox de Luxe Brewing Co. of Michigan—
Common
(quar.)
—
Franklin Simon

7-

"7-

—

Stores

Bros.

Hallnor

6-20

25c

(quar.)

25c

(s-a)

Co.

Ltd.,

Co.,

Hamilton

Brewing

International Products
International, Textbook

(Canada) —

participating preference

$1

5-29

2

6-

Water

Brass

Hahn

4

—

(Peter)

General

Hackensack

4-29

6- 2

7'A %

—

$1.25

9-25

6-14

6-14

Ltd.—-

(quar.)

6-25

$20c

6-30

50c

;

7-

10-

-—

50c

ord. .reg.- (annual)

$1.25

—

50C

Fox de Luxe

Fuller

2

6-

International

6-

5-22*

30C

$1.75

•

International

5-20

(quar.)

Quarterly
Quarterly

Hall

prior preferred (quar.)
prior preferred (quar.)
Fostoria Pressed
Steel
——

$3

2

81'Ac

6%

4%

Gypsum Lime & Alabastine

5-29

6-14

62'Ac

6%

Fruit

Corp., $6 pfd.
(quar.)
Utilities Co., $4.40 pfd.

Power

'6-10

,$l'Ac

Quarterly

6-16

6-6

6-14

7-15

$1.50

1__

...

5-16

L-,

States

6-10

(quar.)
Co.

Nickel

6-

7-

6-14

7-15

$3 7'Ac

Chemical-

&

7-

7-

6

6-16.

$37'Ac

.(quar.)

'

6-

35c

25c

Gulf

6-16

$1

preferred

International

25c

Gulf

10c

3

6

6-

40c

Minerals

$1.25

5-29

6-29

5

6-

preferred

6-

6-24
6-28

$75c

________

(quar.)

6-24

25c

75c

(quar.)

Special

6-

1

7-

5- 5
5-14

'25c

34 %c

com

Gulf Oil Corp. (quar.)

11-20

1

___

Co.

Brewery

1st

preferred

4%

6-17

$1.06'4

(quar.)

pfd.

6-16
-

Foster-Wheeler Corp.—

5%

$5

50c

(quar.-)-—

Wayne Corrugated Paper
Foster & Kleiser Co., class A pfd.

Fraser

5-20

9-

Fort

Fox

5-20

12-

Common

*

6-..2
,6- 2

—

International

3

6-

1

7-

shares

additional

(quar.)

Western

5-16

6-2

$1.50

& Co., common (quar.)
preferred (quar.)
-1
—
5%
1st preferred" (quar.)
Guantanamo Sugar Co. com.
(resumed).—

6-

;—

Foreign Light & Power Co.—
6%
1st preferred
(quar.)
Fort Pitt Bridge Works

6-24,

2

50c

International, Business Machines (quar.)
Ihternational Cigar ' Machinery Co._
International Coal & Coke, Ltd. (s-a)__
International Harvester, 7% pfd. (quar.)
Common (quar.)
1
J

6-10y

3

Cooper

5%

2'Ac

Bonus

2

7-

50C

held

share

conv.

Griggs

2

6-

25c

(quar.)

51/2%

6

6- 1

$25c

Co.,

7-

(accum.)—

each

Griesedieck

5-15

7-

17'Ac

(quar.)

American dep. rets, for

30c

$1.75

6- 2

6-10 '6-2

$1.50

quarterly

participating

6%

100%

Corp.—

Corp., com.
dividend) two

preferred

414%

5-17*

2

—

Motor

Ford

2

6-

$20c

convertible preferred (initial quar.)
Foote-Burt Co. (irreg.) __
Ford Hotels 'Co. .(s-a)
Ford Motor Co. of Canada, Ltd., class A—
B

for

17'Ac

- —

common

Power

preferred

2

5-17*

6-

$20c

.3 y4 %

Class

6-

17 'AC

——

Machinery Corp.,

Food
;

5-31

7-1
6-

.

(quar.);
Inc., common

Stove

6-10

5c

common

Fair Stores,

Food

Mountain

Greyhound
(Stock

25C

(quar.)——
(quar.)
1

preferred

$4

Florence

'7-2

5-20;

9-

6-10

;

Co.; Ltd. (quar.)
International Bronze Powders, Ltd.—
Common
(quar.) '
*

6-10

:

;

5-22

9-10

IOC

....

Inter-City Baking

5-31

preferred

Ry.,

6-12

Consolidated Copper—

Extra

5-31

6-30

5-31

$30c

participating class B

preferred
preferred

7%

6-30

6-10

"

preferred (quar.)
Fishman (M. H.)
Co. (quar.kFittings, Ltd., class A
(s-a) 3
Fitzsimmons Stores, 7% pfd.
(quar.)
5%

5%

Resumed

$75c

Green

25c
—t- —*

2

5-20

2

$75c

5-15

$1.25

-|mwH rrrr-m-tfrr

6-

preferred

$1

$2 preferred

(s-a)
Carpet Co., common (quar.)

York

6-10
6-

'

(quar.)

B

Class

30c

(s-a)___

Warehouse

Paper

1st preferred

$6

Class

First

Inspiration

6

6-

6-20

$1
$1

Security Corp.
A
(s-a)

First

6-10

$1.50

1

$1.12 Ys

Rubber, 4'A% pfd. (quar.)of Ogden (Utah).
'•

Firestone Tire &

6-10

6-30

(quar.)
______
(quar.)
____
Great Western Sugar, common (quar.),____».
7% preferred (quar.)
;
Green (H. L.)
Co. (stock dividend)
.____

6

6-

6-13

6-30

2nd

''6%

6

6-16

15c

pref.

"

17c

16c

preferred

$62'/2C

,

B

62'Ac

(increased)

6'A%

preferred
(accum.)
Ingersoil-Rand
Co.
(quar.)
Inland Steel Co. (increased)

Oreat West Saddlery Ltd.—

*

6-6

.'75c

Indemnity (San Francisco)—

Terminal

Northern

6%

(quar.)

B

Class

Fireman's Fund

Works
class

Ltd.,

Co.,

preferred-'

7- 1

$1

& Dyeing Co.—

Quarterly
Ferro

A

Class

62'A C

(quar.)

old

6%

5-20

6-13

Payable of Reo.

preferred

50c

Great

1

Paper

Silica

6'A%

$62 '/2C

6-

5-29

7-

6-

Industrial
New

Quarterly

2

6-14
6-16

15C

1

Share

Company

Industrial Rayon Dorp,

6-18
8- 1

7- 2

.8-15

10c

30c

!

Shoe Stores,

Curme

preferred

5 %

Fenton United Cleaning

1

6-15

12'Ac

(quar.)
Corp.—

Works

Federal

6-15

7-

100%

UV2C
56'Ac

Grayson-Robinson Stores, com. (quar.)—
$2.25
preferred
(quar.)_
__
Great American Indemnity Co. (N. Y.) —

5-29

1

7-

100%

(stock dividend)-

Federal-Mogul Corp.
Stock dividend

6-20

$1

(increased)

Mining & Smelting

Federal

Holder9

When

Per
Name of

Payable of Rec.

Share

Name of Company

Payable 0/ Rec.

Holders

When

Per

Holders

When

Per

Share

Name of Company

Monday, June 2, 1947

FINANCIAL CHRONICLE

THE COMMERCIAL &

(2968)

20C

8-

$-11

Electric Co.—
preferred (quar.)__,
Co.
(quar.)___
—
Le Tourneau (R. G.), Inc., com. (resumed).
$4
preferred (quar.)
5%

Leslie

37V2C
25c

31'Ac

convertible

-

6-

2

40c

Salt

.

..

6-1

$1

6-1

5-26

6-14

25c

5-23
5-9
,

5-

a

Volume

165

Number 4599

.THE COMMERCIAL & FINANCIAL CHRONICLE
When

Per

Name of Company
Lewis Brothers, Ltd. (quar.)

Quarterly
Quarterly

Lexington

Share

;

Co.

$25c

(quar.)

Casualty Insurance
Quarterly

Life Savers

Liggett

&

Co.

B
(quar.)
..
preferred (quar.)

7%

6-17

6-10

5-23

preferred

6-

1

5-

75c

6-

2

5-13

Mississippi Power,

5-13

Missouri-Kansas

75c

7

.

7-

37y2c

(Ind.)

2

6-

$1.75

Mississippi

Class

6-10

1

6-16

6-

2

5 %

(quar.)

6-

2

5-21

Mohawk

6-

2

5-21

Mojud

6-

1

5-

6-

1

5-15

Molson

87y2c

Corp., common
preferred
(quar.)

7-20
10-25

6-

1

5-15

Molybdenum Corp.

Mobile

3

RR.—

Hosiery,

,

J

guaranteed

(quar.)

50c

5-23

Monroe Loan

guaranteed

(quar.)

50c

9-10

8-22

Monsanto

guaranteed

(quar.)
(quar.)

50c

12-10

11-21

50c

3--10-48

2-23

capital

$1.10

6-10

5-23

Original capital

,

$1.10

9-10

8-22

$1.10

12-10

11-21

$1.10

3-•10-48

2-23

75c

7-15

6-13

guaranteed

Original capital
Original capital
Little Schuylkill Nav. RR.
Loblaw

Groceterias

Class

A

Class

;

;

Groceterias, Inc.

(quar.)

Lock Joint Pipe Co., common
8% preferred (quar.)

Loew's,

Inc.

Star

(monthly)

Star

Gas

Increased

Louisville

&

2

5-

6

5-

9

6-

2

6-30

7-

6-20

1

&

St.

A

Motorola,

5-12

G-

1

5-

3

Ry.

(quar.)
Co., Ltd.

5-16

6-

2

5-17

7-

1

6-10

7-

1

6-10

(quar.)

6-13

5-29*

8-15

5%

North

River

6-

2

5-15

Northeastern Water,

2

5-15

Northern

$75c

7-

2

6-16

Northern

Natural

$2

7-

1

5-31

Northern

States

50c

6-

9

5-27

6-

9

6-

62'/2c

7-

1

6-16

$1.25

8-

1

$7

1
1

6-

1

5-28

6-16

5-31

7-

1

6-17

7-15

6-16

Muskogee

6-30

6-16

Mutual

6-16

6-

7-

6-14

15c

$7

34%c

6-

1

5-26

43/4%

6-

1

5-10

Nova

6-

2

5-10

Nu

6-14

5-15

Nutrine

6-14

5-15

(quar.)__

$1.62%ti2c
t44c
™
J55'/2c
116 7/10c

ti2y2c
i2y2C

$1.50
$3

-

1

7

25c

6-15

5-31

6-13

4-18

$1.25

6-26

6-12

Ltd.—

$2

*$1.25

6-16

Co.,

&

6-

1

5-15

Ohio

Oil

6-13

5-29

25c

6-10

5-24

Ohio

Power

Co.,

6-30

6-14

Ohio

Public

Service,

6-10

5-16

Ohio

6-16

5-27

Old

of

5-14
5-31
5-31
6-14

1

5-15

1

8-15

6-16

5-29

National

25C

6-15

5-29

40c

6-30

6-16

40c

6-10

5-31

Mahon

(R.

Majestic

C.)

Company

Radio

5Va %

&

Television—

convertible

preferred

(s-a)

133/4C

6-

2

5-15

6-10

5-26

Mallory (P. R.) & Co., Inc.-,
Mangel Stores Corp. (quar.).*—

25c

Manhattan

35c

6-

Mapes

Shirt

Co.

Consolidated

25c

(quar.)

Mfg.

Co.

6-16

6-

2

5*

5-14

prior

$1.05

convertible

preferred

9-18

$3.60

12-26

12-18

Oxford

$1.50

6-

6-14

Ltd., common

52V2C

6-30

6-14

Convertible

2

Massachusetts
Master

Matson

preferred

Investors

Electric

Co.

preferred

$3.75
McBrine

McCabe

(L.

M.)

preferred (s-a)_
class B (initial)
preferred

preferred
(Quar.)
McCord Corp., $2.50 preferred

50c

class

Publishing

A

Common

Fire "Insurance

National

Grocers

6-

2

5-15

6-

1

5-14

433/4C

(quar.)*.

62i/2c
25C

_

7-

1

6-

2

Gypsum

Co.,

Hosiery

11-20

6-30

National

Lead.

5-29

National

Life

2

55-

9

6-

2

5-

9

6-

2

5-

9

5%

62y2c

7-

1

6-14

___

Co.—

25c

6-30

6-20

J30C

6-30

5-31

7-

1

6-10

6-30

0-10

25c

$1.25
25c

6-

5

6-

5

6-16

Corp.

Messenger
Mesta

Corp.,

Machine

A

preferred
Motor

common—

4%%

2

National
National

for

common:

Midland

Oil

Bros., Inc.

6-12

Nelson

(Herman)

6-

6

New

6-11

6-

6

6-

2

5-20

2

5-15

8-15

8-

7-

6-16

$2

1

Mid-West
$1.50

,

preferred

2

Park

Jersey

New

York

97y2c

7-

1

6-

N.

6-

2

5-20

6-

2

5-15

25c

7-

1

6-10

New

7-

1

6-10

Newberry

5-

Newark

$1

6-

2

1

—

held

Corp.
6-14

-

(quar.)„_

5-23

25c

6-16

6-

50c

7-

1

6-13

50c

7-

1

6-13

$2

7-

1

6-13

50c

7-

1

3c

6-

2

6-13

1

5-19

Y.

(s-a)__l.

37 y2 c

.L.
.




6-14

5-14

15c

—__™

(s-aU..—

Milwaukee Gas Light, 7 % pfd. A (quar.)—v

5-29

45c

™_,

6-14

.

'

64c

$1.75

6-14
6-14

6-

1

5-14
-

8-14

5-10

5-26

6-

2

(quar.)

7-

1

7-

1

7-

1

15c

—

25C

(s-a)~

pfd.

New

6%

$1.25

6-

6-

2

7-

6*

5-21

8-15

15c
25c

7-31

6-27

1

6-

2

6-16

6-12

5-29

40C

-7-

1

6-16

$1.12%

7-

1

6-19

$1.50

7-

1

—

6-19

2

5-14

Perfex

Corp.

4V2%

6-16

5-29

Perron

Gold

Mines,

Pet

6-14

5-31

25c

6-

5

5-14

4JA%

6-

2

5-10

4'A%

50c

6-

2

5-10

Petroleum

—

$3.50

6-

2

5-10

_—_—

?13c

7-15

6-30

:

Ltd.

Peter

6-10

6-

2

5-15

Pfizer

6-14

5-23

Phelps

Philadelphia

Pfaudler

4C

50C

Dry Dock-

Co.—
*

Co.,

Inc

10c

—

5-15

5-20

6-

50c

(quar.)

2

6-10

5-15

6-

$1

Cq.

•

2

6-16

6-

2

6-16

6-

$6

2

preferred

A (accum.)
City Omnibus

(J,

J.)

$1.50

Newport

Industries,

Vt.%

25c

4

Co._j

Telephone

preferred

,

.

(Ohio)

Co.

Class

B

&

Normetal

1

6-

6-27

1

;

50c

6-16
6-

2

5-15

7-

1

933/4C
50c

$1.06 V*
$1.06'A

6-16
6-

6-18
7-

—

—j,

,

6-14

5-24

Pickle

7-

5-28

Pierce

l5c

6-16

,

6-

5

Ltd.

x-

(quar.)
11.
(.quar.)_'„-—x_

Western ■Railway

Mining

»

Corp.,' Ltd,

(interim)—.

.<

i

6-10
6-16

6-

6-16

12-15

8-15

8-

5

11-15

11-

5

2-15-48

2-5-38

6-16

6-

2

6-14

6-

2

1

5-

1

6-

1

5-

J

7-

1

6-10

7-

1

6-10

6-14

6-

2

2

5-12

$1

7-15

6-20

$2

6-15

81

6-

2

5-31
5-15

6-14

6-

4

20c

7-

1

6-

6

$1.12%

6-

2

5-26

6-30

5-30

17 %c

tie

7-

1

6-10

$1.06 V*

7-

1

6-10

$1.06'A

7-

1

20c

6-10
6-

6

30c

6-10

5-23

6-

2

5-15

25c

6-

2

5-21
7

25c

(quar.)

,

.

5

5-22

80c

6-10

5-23

$1.50

7-

1

7-

1

6-

6-

2

6-

2

30c

6-30

5-29

,25c

(quar.),

•—-------

8c

Germantown

6-

$1.25

—

——•—

common

6-25

50c

——,—

(increased)
preferred (quar.)

$5

6-13

J3c

(interim).

(quar.)—

<6-30

5-29

Norristown
$1.50

6-

4

5-20

25c

6-

2

5-15

2

5-15

$4

2

..

5-15

6-10

5-14

•

U0C

6-14

5-15

■

i*'
■3

Mills,

.

6hares

5-14*

2

5-14*

50c

Mines

Inc.,. common

1

6-13

6-30

5-31

6-27

6-14

40c

(quar.)-*.—

5-29

7-

30C

—

6-12

J10C

—

"

Co

10-22

933ac

10-

1

6-

2

5-12

6-

2s

5-12

—

preferred

American

2

6-

50c

A

Gold

Governor

Bonus

6-

37V2c

(quar.)
(quar.)

$1

(quar.)—

.Pinchin Johnson -Co.,

t

$2.50

—

6-

20c

9iy4c

common

preferred

Crew

Pillsbury

,

5-29

$1
.t50c

1-1-48

6-

(accum.)

A

Ltd.

Co.

'(j.',1 Extra
20C

9-15

6-

Suburban Transportation Co.—

Corp.,

33A%

6-23

1

15c

Corp.—
(increased
quar.)
:—

Philco

4

25c

2

6-14

1

60c

(auar.)

Philadelphia Suburban Water, common
$3.65
preferred
(quar.)—-—
Philadelphia Transportation Co.—
Participating preferred (s-a)—-—

5-29

40c

1

25c

5-31

7-

2

7-

10-

$1.12 y2

6-16

6-10

5-15
5-15
6-

30c

(quar.)

Philadelphia

6

2

$1.10

6-12

Hundred

Nonquit ' Mills 1
Noranda Mines,
Norfolk

7-

(quar.)

Inc., common—.—.—
(quar.)

—r-—

50c

$2.25

(quar.)

Niagara Share Corp., class B
Niagara Wire Weaving (quar.)_„_
Niles-Bement-Pond

RR.

6-

6-14

Corp.—

Corp.

Philadelphia
.

2

92 %C

Co
8c

Co.,

5-23

30c

Company

preferred

5-31

2

25C

——«—

Brewing
Dodge

5-31

6-14

66-

2t»c

cla&s

Gas,

(Charles)

5-20
6-17

6-14

25c

(reduced)—'-—;—

Philadelphia Electric Co.,
$1 preference
(quai'.)_

York, Chicago & St. Louis RR. Co.-rYork

(The)

Pfeiffer

tl.62%

2
2

25c
—

Ltd.

Inc
8c

5-20

6-

6-

6-27

25c

preferred

Trading

Oil

6-30

$1

—

Co

Brake

Paul,

5-26

Co.—

participating

Petroleum

7

50c

—

preferred
(quae)—
preferred (quar.)
8c

2

10c

(quar.)

com.

6-

40c

—

2nd

$1.25

Telegraph'—

&

Milk

6

$2

(initial)
com.
(quar.)

Co.,

Switch

6-

50c

_

6-

50c

(accum.)

(quar.)

20C

—_

1

6-27

50c

35c

common

7-

50c

25c

—

Newmont
Mining Corp._:
Newport Electric Corp., common
33/4%
preferred
(quar.)

4

6-14
6-14

6-21

6-13

7-15

J35C

$1.20 preferred class A (quar.)_;
Pennsylvania-Dixie Cement Corp
Pennsylvania Electric Co.—
4.40% preferred B (quar.)
o.70% preferred C (quar.)
Pennsylvania Power 8c Light Co., common..
4%%
preferred (quar,')
Pennsylvania Salt Mfg. (year-end)
Pennsylvania State Water Corp.—
$7 preferred
(quar.)—
——
Peoples Gas Light 8c Coke
Peoples Telephone Corp., common (quar.) —
4%%
preferred
—
Pepsi-Cola
Co.
(quar.)
Perfect Circle Co.
(quar.)

6-14

10c

—

Electric

5-29

6-

J20c

—

(quar.)——,
(quar.)

preferred
preferred
preferred

Penn

5-20'

(quar.)

(s-a)
Telephone,

Zinc
Air

Auction

Nineteen

(quar.)

$1

Co.—

(quar.)—
Corp.

Mining

New

—

$1

12-5

6-14

$1.75

(quar.)

I,

Newport News Shipbuilding &

4

$1

5

"

1

7-

30c

—

Co.—

Telephone

Common

6

9-

1

1

arrears.

New

2

5-19
6-

7-

6-14

2

6-27

$1.06 V*

(quar.)

(accum.)

5-22

5-20

!

common

6-

1-1-48

—

6-20

(quar.)

Extra

■8%

d-

Refineries—

Midwest Oil Co.,

$1.12%

10-

6-14

25C

—

—_

(quar.)

Laundry, Ltd.—•'
preferred
(accum.)

6-

(irreg.)

Southwest

preferred

Common

Method

35c

(quar.)

Abrasive

convertible

Peninsular

$1

all

Reduced
New

6-10

(quar.)
Company

Mid-West

9

115c

1

6-15
6-

$1

common

new

9

$1.25

common

Brunswick

4

Ford,

8c

7-

75c

(quar.)

common

pfd.

6%

Wilcox

8c

Stow

6-

$1.12%

Co

England Telephone

60c

Corp.

preferred

Penick

10c,

com.

share

9

(quar.)

New

$1,183/4

&

Peck

G-

6-

B

6-30

(quar.)

6-16

1

•_

Cordage,

preferred

7%

6-10

preferred

Midvale

'■

each

Class

50c

(quar.)__

$1 conv. pfd.
Products, common

non-cum.

8%

Central

6-

1

7-

——

Bedford

35c

(quar.)

Corp.,

Midland Steel

Co.,

Transit

6Vs>%

—

Middle.Westl Corp.. (stock dividend)
One; share-, of

Tea

6-11

8iy4c

7-

1

Insurance

Co., 5%

This

$1.75

$2.40 preferred (quar.)
Mid-Continer.tl Petroleum

50c

5-10

5-26*

50c

•_

Coal Co.,

Peabody

f 15c

(quar.),

common

ten-year preference
payment clears

$2

6-30

10c

(quar.)

preferred

Corp.

6-15

62y2c

Michigan Public Service Co.
Mickelberry's Food Products

10-2n

:—

New

pfd.

10-30

2

62 %c

Patterson-Sargent

1

Steel

1

(quar.)

Metropolitan Edison Co., 3.90%
Michigan Consolidated Gas—

7-22

7-

Sugar Refining Co
Supply, 4%% preferred—

25c

__II

(increased)

1

7-

National

Neisner

Co

Car

8-

6-

1

75c

(quar.)

8c

f20c

National

25c

$3.25 participating preferred (quar.)
Metal'& Thermit Corp., common (quar.)„_

T%

7

Machinery-.™.

7-

Metal. Textile; Corp.—

Meteor

Rubber

25c

,

Reel,

7

6-16

J35c

I—————

preferred
(quar.)
Parmelee Transportation Co. (quar.)
Paton Mfg. Co., Ltd., common
(quar.)
7%
preferred (quar.)

my2c

.

Paper & Tyoe
Radiator
Co

6-

(quar.)

Rig

'

6-

Merritt-Chapman & Scott Corp.—
preferred

National

50c

(quar.)

Parkersburg

(quar.)_

Steel Castings

Co

25C

;

Merchants Refrigerating Co., class A
Class
B
(quar.)

5-31

(quar.)™

pfd.

Ltd.

Service,

Oats

National

5-31

25c

6-10

5-

6-14

7-

*5c

Co

—

Malleable &

National

5-31

30c

Proof

5-

(quar.)
—1—'

preferred (quar.)
preferred (quar.)

National

Merchants Distilling Corp., common
Merchants & Miners Transportation Co.—

6y2%

Linen

National

National

—

Parker-Rust

12 %c

National

(accum.)

5-31

2

1

6-25

75C

_——

$4.25

4%%

50c

Pictures

6-10

2

6-14

7-

$1

(quar.)

(quar.).:

——,

$4.50

Accident

preferred

Paramount

6-

1

50C
*

com.

5-20

2c

7%. preferred A
&

Inc.

6-10

6-

5-20

7-

50C

(quar.)

preferred

4%

5-15

50c

Ltd,
(s-a)
Page-Hersey Tubes, Ltd. (quar.)
Panhandle Eastern Pine Line, common

8*

1

37'/2C

(quar.)__

$1.25

1

2

$1.06 y4

(s-a)

6-

5-

U5c

com.

__™__

6-20<'

6-12

1

U5c

Quarterly

5-15

3

6-10

15C

(quar.)

Co.

50c

Quarterly

11-30

1

6-

Petroleums,

Canada

(Hartford)

Mills,

6-

5% convertible 1st preferred
fs-a 1:
Mercantile Acceptance Corp. of California—
5% 1st preferred (quar.)
6% 1st preferred (quar.)
Mercantile Stores, Inc. com. (quar.)

Hat

National
National

6-

$1.25

Pacific

(quar,)_

of

_______

5-15

$1.25

—

6-30

6-

1

Investors—

45c

'(quar.)

6-14

(quar.)_,—

7-15

;

■

8-30

5-15

Mills

Machine—

Ltd.,

Co.,

preference

8-31

35c

Distilleries, Ltd.—
participating preferred (s-a)
Mengel Company, common (quar.)—

Merrimac

Extra

$1.50

tso'Ac

preferred

Food

National

5-15

t20c

*

Co

5%

5-15

5-31

1

Pacific

2c

2

6-

6-

6-10

$1.06

.—

Co.

,

2

433/4C

6%

,

Welding

6-

Melchers

Quarterly

6

2

6-10

90C

7-15

(quar.)

(quar.)
(quar.)

6-

t50c

(quar.)

Mclntyre Porcupine Mines (quar.)
Mead Corporation, common
4Y4%
preferred
(quar.).,,
$2 2nd preferred (quar.)
Megowan-Educator

6-

Electric

20c

Ltd.,

Co., Ltd.,

Telephone,

Common

National

7-

60c

common

Plantation

Cos.,

5-27

t$l

(quar.)

(Minn.),

Indemnity

4%

7-15

6-27

convertible

Paraffine

8-15

5-20

Pacific

8*

1

7-15

5-20

9

5-

5-

8-15

6-

5-

6

9-20

t25c

2

2

6-

2

2

6-

20c

6-

6-10

Pacific

(quar.)_

2

6-

5-20

5-31

6-20

10-

6-

2

5-15

6-20

2

10c

6-

6-19

2

7-

$3

preference
(quar.)
&
Atlantic
Telegraph
(s-a)
Gas 8c Electric
(quar.)

1

9-20

7-

25c

(accum.)™

Sugar

2

share.

6-16

preferred

6-20

10-

37 %c

(quar.)
$5 preferred

Co.,

per

1

tl2%c

93 3/4 c

(quar.)

7%

Meadville

5-29
5-23

Co.

2

f 10c

(quar.)

50c

—

preferred

75c

!

Co.

Co.,

6-20
6-10

common

(quar.)
Chemical

&

55c

McClatchy Newspaper, 7 %

McGraw-Hill

(quar.)

common

Drug

7c

6-16

Corp.,

preferred

60c

30c

(quar.)

Kaifcer

Grain

Inc.-

(quar.)

preferred

May McEwen

Fund,

quar.)__

(quar.)

May Department Stores,
$3.40

(s-a)™

Second

(increased

Navigation

5%

National

37c

40c

.

6-30

Railway

Power

6-13

7-

distribution

net

approximately

1

African

South

the

7-

——.—

the

of

tax

7-

7-

5

t $ 1.75

3

6-10

6-16

tlOc

—

2

6-14

6-25

t25c

(quar.)

6-

$1

6-

110c

common-

6-

75c

6-14

6-13

Ltd.,

Co.,

15c

preferred (quar.)
National
Dairy Products (quar.)__

50C

(quar.)—
Supply

37y2c

Co., common

6-14

5-20

preferred

Pacific

7

1

5-31

Electric

$1.50

2

7-

f 10c

be

Paper

2

5-

6-30

Building Co
Inc., common
preferred
(quar.)

Paauhau

5-

6-14

$2

6-16

25c

6-16

6-14

15c

6-27

(quar.)

5-20

1

25c

deduction

Tail

$5

1

America—

of

10c

(quar.)

(Del.)

Corp.

Discount

Co.

25C

—

4 V< %

6-15

$1.50
Ottawa

Otter

5-23

67-

97'/2c

—

„•

will

6-19

5-31

5-

(initial)-

common

Oshkosh B'Gosh,

5-31

4-28

Inc

non-resident

6-27

common:

National Cylinder Gas

60c

(s-a)

8-15

2

common

Beauty

After

6-12

(quar.)

Container

$1.05

(quar.)

Maryland Casualty Co.—
$2.10

Co.,

preferred

National

6-16

2

6-

20c

new

preferred
(quar.)
O'okiep Copper Co., Ltd.—
Ordinary shares
(interim)

$1.50

Cash. Register
(quar.)——
National City Lines, common (quar.)—,
$4

2

9-

5-28

2

7%

25c

(quar.)

Biscuit

National

7-

2

6-

Participating
——-—
Ontario & Quebec Railway Co. (s-a)
Ontario Steel Products, Ltd., com.
(quar.)_

2

2

6-

7-

$1.12%

—

preferred

5-19

2

6-16

55c

—

Participating

Dehydrating & Milling Co.—

preferred

preferred (quar.)
pfd. (quar.)

3.90%

Insurance

Corp.

Orpheum

National

(increased)

2

5-14

6-10
6-

6-12

$2.50

(annual)

62%C

25c

.

6-

6-

$1,183/4

(quar.)

National Automotive Fibres

,.™

6-16

2

25c

Tube,

Pacific-American

Straus-Duparquet—
preferred

6 %" convertible

5-27

Magma Copper
Magnavox Co.
(quar.)
Magor Car Corp. of N. Y.

Ontario

37 'Ac

:

6-17

_

5-19

Omnibus

5-14

r—

14c

(s-a)

9

50c

«r.—

Corp.

5-16

Ltd.

6-

9-

5-19

6-

6-25

t$1.75

(quar.)__

$2.20 pfd. (quar.)

Telegrapn

4%%

.

Common

:

Nash-Kelvinator

5-15

Mines,

8%

30c

:

5

Gold

5-15

America—

6-16

Lake

5-15

3

6-

6-10

10c

Industries,

3

$2

5-15

20c

(s-aj

Life

Line

Olin

:

National Alfalfa

Co.

Seamless

6-

$1.75

2

50c

6-

$1.75

6-20

6-

t25c

Extra

lc

(quar.)
(quar.),

6-14

1

25C

Inc.

Mississippi

Quarterly

1

1

7-

t$1.50

(quar.)

quar.)

Associated Telephone,

9-26

Co.

6-

Red

(increased

Co.

$2

—

25c

Madsen

Candy

Ohio

7-

7-

15c

$1.01%

__

(quar.)—,

preferred (quar.)
6%
preferred (quar.)
6%
preferred (quar.)
Namm's,
Inc.
(quar.)

5%

pfd.

Ohio

25c

5-20

15c

(quar.)

Corp

Ohio-Apex,

—

t2c

(quar.)

Co.

Light & Power, 6%

1

—

Macassa

Ltd.

Pharmacal

Scotia

Enamel

2

(quar.)

2

$1.12%

2

6-15

6

6-

Service—

(initial quar.)

preferred

59 3/a c

preferred

Macwhyte Company (quar.)
Mines,

4V2%

6-

62y2c

5-31
6-

$1.50

7-

6-15

6-14
6-25

933/4C

(s-a)

7-

20c

5-15

$1.25

t$1.75
15c

(initial)

5-23

2

6-

(Wis.) —

30c

com.

3

6-

6-10

12 %C

(increase-d)

Co.

t$l.75

6-14

7-21

6-10

$1

—

Co.

2

6-14

1

75c

Corp

7-

30c

8-

$1

—

Gas

Mfg. Co. (increased)
Ogilvie Flour Mills, Ltd., common
7%
preferred
(quar.)

—

6%

5-31

(s-a)_.

Participating convertible preferred
(s-a)

Co.

5-31

Power

2

(initial)

com.

Company, common

Chemical

6-20

$3.50

(quar.).—

7-

,—

(quar.)

A

$1.37'%

25c

$4 prior pfd.

Public

Northwestern

Motor Specialties—

class

Nathan

33/4%

Utah.

C.)

6-31

——

Oak

(quar.)

(quar.),

Brewing

6-20

(quar.)

30c

pfd.

Muskegon

Illinois

Norwich

50c

pfd.

4

Mfg. Co.Mining & Development Co.—

of

(G.

Insurance

$1.50

Greyhound Lines—
preferred
(quar.)

6-16

Muncie

Murphy

—

preferred
(quar.)
Telegraph

5-23

preferred. (quar.),
preferred
(quar.)
Water Works, 8%

85-

5 %

1

common

6-12

1

Northland

2

6-

6-12

7-

'

25c

Northwestern

7-

(quar.)_™_

Producers

the

-

Carolina

6-

6-26

2

6-23

2Va

(irreg.)

preferred

5V2%

2

6-

1

com¬

of

(accum.)

50c

participating preferred
Mfg. Co., class B__.

8-15

4c

___

North

5-29

10c

6-12

'Ac

-

5-29

6-16

.

mission

88c

Consolidated

6-16

IV4C

Extra

$1.06

Trucks, Incl (increased)
MacKinnon Structural Steel Co.,

25c

(accum.)
R.R., 7% guaranteed
Pennsylvania RR. (quar.)—

Fuel

Mountain

$2.50

Mack

North

Supply (Utah)
Subject to approval of Public Service Com¬

Mullins

_

6-20

25c

7-

Investment—

lc

Mountain

9

$4

(s-a)

1

Extra

6-

Co.—

(quar.)

5-31

7-

(quar.)

Holder*

every

of

approval

preferred

6%

Galvin

Muehleback

Louis

6-12

—

Quarterly

1

5-20

the

to

American

North

12'/2c

5V2 %

Corp.

Mount Diablo

6-11

6-27

6-30

Inc.

Formerly

6-13

6-30

5-26

For

distribution

a

C.

dividend

$25c

Co.,

preferred

6-21

6-

6-12

held

Wisconsin Electric Power

Subject

E.

Cash

liquidating).

(partial

shares

America

Society,

Wheel

Motor

6-

Tool

Chemical

43/4%

$1.75

I

preferred

6-

6-16

,

25c

__™.i

5%

Morris

20c

Henderson

M.

6

mon.

common

preferred (initial)
(J. P.) & Company—.
Paper Mills, common
(quar.)

$1.50

(quar.)
(interim)

quarterly

M.

5-

Exploration-

preferred

&

2

25c

...

Los Angeles Transit Lines__:
Ludlow Mfg. & Sales (quar.)
Lynchburg & Abingdon Telegraph Co.
Lyon Metal Products (quar.)

J.

6-

5-29

20c

Co.,

Morgan

30c

(quar.)
1st preferred

Lowney (Walter B.)

U

6

45c

6% non-cum preferred
(s-a)
Louisville & Nashville Railroad
(quar.)
Louisville Provision, 8%
partic pfd. (s-a)_
Louisville Title Mortgage
(s-a)
Lowenstein (M.) & Sons—

4'A%

5-

87»/2c

.

Common (s-a)

(

2

$2

(quar.)

Lord & Taylor, 6%
Lorillard (P.) Co., common
7%
preferred
(quar.)

Louisiana Land

6-

37y2c

Corp.

Co.

5%

$1

Long-Bell Lumber (Md.), class A (accum.)
Long-Bell Lumber (Mo.) (irreg.);
Lone

6

20C

(quar.)_.

Cement

5-

12 %c

:

2

25c

(quar.)

6-

6-12

50c

—

Moore-Handley Hardware,
25c

shares of

$1.50

preferred A (quar.)—
preferred B
(quar.)—,

7%

100

5-24

15c

preferred A (s-a)—-—,
Montreal Cottons, Ltd., common
7%
preferred
(quar.)
Moore Corp., Ltd., common (quar.)
4% redeemable sf pref (initial)
7%

5-20
5-20

S.

$3.25

12'/2c

Extra

Lone

(s-a)

•

B

Loblaw

Coal

Ltd.—

(quar.)

Extra

&

Co.,

l

(quar.),

of

Machine

50c

(quar.)

1

5

6-10

7-15

preferred

$1.25

(quar.)

common

Ltd.

Common

40c

—

Co.—

35c

(quar.)

Brewery

American

(quar.)

com.

6-10

common

preferred

5%

Monarch
6-10

6-

(J.

&

convertible

Corp.,

50c

(quar.)
S.)
& Co., Ltd. (quar.)™
Birmingham RR., 4% pfd. (s-a)__
Carpet
Mills

1
1

25c

(quar.)

(quar.)

6-

$1.50

preferred

Mitchell

811-

30c

(quar.)

Line

Co.,

$1.75

common

5-20

$1,371/2

I—

50c

Inc.,

Co.

3 % %
Little Miami

;

Pipe

Utilities

$2
North

5-20

1

2

$6 preferred

B

Missouri

—

1

6-

Car

49

Payable of Rec.

Share

Company

American

75c

(irreg.)
Glass
Co

35C

1

6-

$1.27%

x_-■

Corp.

_

Name of
North

$1.25

(quar.).

When

Per

Holder*

Payable of Ree,

—

___.

Mission

When

Share

(Del.)

5y2%
preferred (quar.)
6%
preferred
(quar.)
Minneapolis-Honeywell Regulator Co
Minnesota Mining & Mfg. Co.
(quar.)
Minnesota Valley Canning Co.—
5% preferred (quar.)
Mission Appliance Corp

~

;

Carbonic

Special
Special
Special
Special
Original

6-27

2

$5.10

25C

preferred

Liquid

6-

Company

25c

Stores,

Link-Belt

6-16

6-

—

Quarterly
Quarterly
Lincoln

5-12
5-27

25C

(quar.)

Lincoln National Lue Insurance Co.

2

2

6-10

12 %C

Lily-Tulip Cup Corp.
,

6-

6-16

15c

common

_*

9-30

50c

,

Tobacco,

Per

Name of

Minneapolis Gas Light Co.
5%
preferred
(quar.)

12-31

$1.75

;

Class

7%

(Tenn.)

Corp

Myers

10-31

1-31-48

60c

Lexington Water Co., 7% pfd. (quar.)
Libbey-Owens-Ford Glass
Liberty Fabrics of New York (quar.)
Liberty
Products
(quar.)
Formerly Liberty Aircraft Products
Life &

6-30

$25c

-

I

Telephone

Holdere

Payable of Reo.
7-31

$25c

'(2969)

:Ltd.—
deposit. receipts! for

Ifinal)

<

»

7-

1

J

ordinary
•.-15%

aUaxviL-x-x—l.—
:

7-15

———

• \

6-

6

4-23

-5%

6-

6

4-23

Pitney-Bowes,

Inc.

preferred

Lake Erie

&

$5

RR.—

$1

Porgings

series

5% %

Pittsburgh

Plastic

prior

Nut

Material

Polaris

Oil

Co.

Poor & Co.,

$1.50
Potash

Co.

A

Potomac Electric

&

Power Corp.

1st

6-24

6-17

1

6-

1

5-15

6-

2

5-15

35c

fquar.)

$1.37%

(quar.)_

pfd.

6-

2

6-

2

5-15

of Canada,

preferred

5-26

$30c

7-31

6-30

7-15

6-20

Seismograph Service Corp.

6-20

Serrick

preferred

$75c

(quar.)

(quar.)

Co.

Preferred Utilities

5%%

Prentiss-Wabers
Pressed

Steel

Preston

6-

1

5-22

Shattuck

6-10

5-10

Sheller

56'Ac

1

6-18

Shellmar

7-15

6-14

East

7-

1

6-

&

Ltd. (quar.)___
pfd. (s-a)
preferred (accum.)

$$2

$1.50

5%

preferred

6%

preferred

Public Service
Common
of

Co.

5-15

6-

2

5-15

6-

2

5-15

Indiana—

of

share of

a

2

50c

dividend).

(stock

2

6-

58'Ac

•_

Indiana

One-twentieth

Gas

&

Water

Co.,
6-

Public

preferred

Co.'of

Service

New

6 %

$5
7%
8%

preferred

Public

Service

__

.

6-30
6-14

5-15

50c

7-15

6-13

6-14

5-15

$1.75

6-14

5-15

Silknit,

&

6-14

5-15

Simmons

Gas—

$1.25

6-30

Industries, Inc.,—
preferred (quar.)
Pullman, Inc. (quar.)

6-30

5-28

5%

.Rand's
Rand

(Pittsburgh)

Service

Rapid

Quarterly

6-

2

6-14

5-28

2'AC

(quar.)

.

6-

6-30

6-10

6-15

5-31

2

9-15

9-

6-10

5-20

25c

6-

2

5-29
6-15

50c

6-12

5-22

15C

(quar.)_
(quar.)

6-15

5-23

7-

7-

1

6-13

7-

1

6-13

7-

$1.183A

6-

1

South

2

25c

6-30

6-14

25c

7-

6- 3*

1

6-

5-

I

$1.60

non-cum.

$40c

9-

2

8-

1

$1.60

non-cum.

$40c

12-

1

11-

Reliance

Grain

Reliance

Insurance

Ltd.,

4% pfd. (quar.)
(Phila.)
(s-a)
Reliance Mfg. Co. (Illinois) —
3V2 % convertible preferred
(quar.)
Remington Rand, Inc., common
$4.50 preferred (quar.)
Co.,

Inc.

Steel,

»

&

Dry

1st

7%

Richfield

$4

Co.

Oil

t

2

6-10

7-

2

6-10

7-

5%

6-10
5-10

7-

2

6-10

7-

1

6-16

$1
5%

7-

1

preferred

6-16

Southwestern

5-15

6-

2

.Robertson

(H.
Little

6-

2

&

6-14
9-15

Spalding

6-14

10-

1

9-15

6-11

5-29
5-28

6-10

6-

2

6-14

6-

4

Spiegel,

37'AC

6-10

5-26

$25c

6-

1

5-15

6-

1

5-15

Staley

5-23

Rockwood

& Co.,

(increased quar.)_

30C

6-

2

5-15

common

pfd. F (quar.)

$1.25

;

7-

1

preferred (quar.)_
4(4% pfd.

Rolland Paper Co., Ltd.,

7-

1

Standard

6-16

Rome

Cable

Corp.

Roos

100%

istodk dividend)
(increased quar.)__

Works

$3.50

Corp.

5-20

Extra

Oil

Mfg.

Bottling

6-10

6-20

6-

5

6-20

6-

5

2

5%

6-

2

$1.60

2

5-15

25c

Co

6-

1

6-

2

5-17

25c

common

6-12

6-

2

(quar.)

Industries, Ltd.,

7-

1

6-30

Sabine

Mfg.

$$1.75

6-30

37'Ac

of

Indiana

of

Kentucky

Joseph

Lead

Co.

of

N.

of

Ohio,

J.

Standard

6-20

Standard

Co.

50c

6-10

5-23

25c

6-10

5-23

Joseph Water,

;
;

6%

preferred




(quar.)

$1.50

6-

2

5-12

,—.___—

Works
Stanley
on

Stoker

new

5-22

6- 2

4-30

6- 2
7-1

4-30

common

75c

6- 2
6-20
6-20

6-10

as

well

as

be

o-i^

the old stock).

50c

6-30

6-10

5-20

$1-50

7- 1

o- 3

b-10
6- 2
6-14

5-di

$1.12%

6-1

50c

6-16
6- 2

5-10
6- 2
5-15

25c
50c
20c

.

.

5-16
5-31

_

$1.25

6-2
5-8
®

6-10

5-23

Corp.

Products

rine

each

for

common

held

b-iu

\

®" ■ *

----

—.

6-10
6-10
.

_

»

United

6-10

7- 2

65c

5-29

6-28

55c,

Improvement——,————

Gas

5-20
.6-5
6- «
5-23
5-24

6-2
6-12
7- 1,

dividend
(Irreg.) ___
35c
United Drill & Tool Class B (extra)10c
United Dyewood Corp., 7% pfd. (accum.)—
$1,75
United Elastic Corp.
(quar.)
—
75c
United Electric Coal Cos—
25c
United Fuel Investments,» Ltd.—
/ . _■ .
6% class A preferred
(quar.)_
$75c■
Cash

,7-1

——i—

preferred (ouar.)—
United Molasses Co., Ltd.,
5%

Bonus

$2.04

—

.ordinary

(final)

Corp.-

(accum.)

preferred

—_

Ltd.____
—2nd pfd. (initial)
Wallpaper, Inc., 4% preferred (quar.)
Steel

United

Corp.,

CorpP

Casualty, 45c conv. pfd. (s-a)
Graphite Co
Guarantee Co
—
U. S. Gypsum Co.,
common (quar.)
7%
preferred (quar.)
U.

S.

U. S.

u!

S.

Hoffman Machinery,
Leather Co.,

United

States

Common

4'A%
U.

S.

—

4'A % pfd. (quar.)
(increased)

class A

:

Bo

5-15

6- 5

o-lJ

•

i

o- o

7- 1
7-14 s

6-4

7-14

O" t

•

(accum.)

preferred

30C

*1.25
17%%
2/2%

——

^

Public Utilities

$1.87

-

o-ii

..

Co.— .
,
7%
prior preferred (monthly)
—
58%c
6- 2
6.36% prior preferred
(monthly)_.—53c .• 6- 2
6%
prior preferred (monthly)-—
:
50c , R-.2
United Merchants & Mfrs. (quar.)__
25c
6-13

6- 2
6-12

b-13

9334c

S.

6-11

b-13

b-23
1

S.

paid

6-1 n

b-23

6-16

U.

5-12

6-16*

6-30
7- 2

6-2
6* 2

United

5-22

__

25c
5c
United Carbon"Co.. new com. (initial quar.)
50c
United-Carr
Fastener
(quar.) _______30c
United Chemicals,
Inc.
(stock dividend)—
12/1000ths of a share of Westvaco Chlo¬

U.

Acid

6-20
6-12

$1 25

5-15

5-29
6-30

9-20

7-1
6-25

'5c
17 4c
15c
$1.50

...

5-12
5-29
5-29
5-15

6- 2

will

10- 1

50c

(increased)(quar.)
Union Metal Mfg., common (quar.)
$6 preferred
(quar.)Union Oil Co. of California—
$3.75 preferred A (quar.)__.
Union
Pacific RR.
(quar.)
Union Street Railway Co.
(New Bedford) —
Union Sugar Co. (quar.)—_
Union Tank Car Co.
(quar.)
Union Wire Rope Corp.
(quar.)
United Air Lines, Inc.—
4% % convertible preferred (initial quar.)
United Aircraft Corp
5% convertible preferred, (quar.)
_—
United Artists Theatre, Circulit—
5%
preferred (quar.)
_—
United Biscuit Co. of America

6-10

15c

6-16
6- 4
6-20
.

———

Rubber

&

6- 2

6-16
7- 1

62'Ac;
50c

(quar.)—

Corp.

Asbestos

Union

8- 9
11-10
5-31

,

.

Co.—

Transit

convertible prior preferred
Twin Disc Clutch Co.
(quar,).
Extra.
L—
1-.-^
Underwood'

5-29
5-20

6-12
6"3S
6-30

.

62'Ac
Rapid

City

6-14
;

8-15
11-15
6-15

25c
25c
$1.75
3^c

_——--

6-16
5-20
6-14
6-14

,

^

75c
37'Ac
(ouar.)—_—$1.12%
Corp. (quar.)
62%c

5%

6-16

(initial)
&

Street

.

<

Quarterly
Twin

6-14
6-14

85c

7-15
6- 2

Mfg.

prefcred

LaSalle

South

5-20
6-10

933Ac
25c

Phosphate

payment

Drior

6-20

40c
20c:

60c

(this

$4.50

7- 3
6- 2
7- 1
7- 1
7- 1
6-10
6- 2

25c
12'Ac

.

5-^2

6- 2

$|1.12'A

Illuminating Co.:
United Light & Railways

6- 2

6- 5

6-12
6-13

(quar.)
Works

5-13
5-22
b-23

—

United

6-16
6-16

$2

Co._

Wholesale

5-20
5-22

6-2
6-2
6- 2

.

Film, com. (quar.)_
preferred (quar.)

convertible

5-27
6-10
5-23
5-15
6- 2

94c
36'Ac

37'Ac

33A%

|

6- 6
5-20
5-20
5-17
5-31
5-28
7-15

(increased)

(increased)

5-31

^

$1.50

35c

(quar.)

com.

6-11

(quar.)

6-16
6- 2
6- 2
6-10
6-14
.6-12
8- 1
6- 6
6-20

50c

Oil

Oil Co.

Coal

Century-Fox

Twentieth

37'Ac

(quar.)

.

—

6- 5
6- 2

58'Ac
41%c
tlOc
$10c

Corp
(quar.)„__—
Insurance Co. (Dallas)—

United Stores
.—

Co.

Co.

7-

1

5-15
5-15
6- 9

'

quarterly

Oil

6-16

_.

Extra

St.

California—

50c

(quar.)

7-11

6- 1
6- 2
6-16

20c

.

—

Oil

6-5

50c
40c
25c
50c;

1

United

;

Corp

Co

Royalty

:•

(quar.)

preferred A (quar.)
Standard Railway Equipment

preferred

Russell
St.

of

Standard

6-11

"

7%

preferred
(quar.)

Co.

Extra

6-10

tlOc

$1.12%

(quar.)

common

7-15

1

'

6-10

Products

pvtrp

(irreg:.)

Corp.—

Standard

Russell

6- 2

5-26
5-15
5-15
8-18
6-20
5-20
5-20
5-20

$$1.25

Standard

5-15

7-15

40c

—

-

Oil

8- 1
6-12
6-16
6-16
6-16
9-15
7- 1
6- 2
6- 2
6- 2

50c
87'Ac

(Detroit).

(quar.).

common

Standard

2

6-

Milling

Increased

5-15

$50c

__

(s-a)

Dredging

convertible

Standard

7-18
6-20

$10c

Co.

(quar.)

Extra

5-15

6-

40c

(quar.)

(initial)

preferred

Standard

8-15
7-15

Seal

&

Standard-Coosa-Thatcher

5-15

12'Ac

Cap

common

Standard

25c

Ruppert
(Jacob),
43/2% preferred

6-

preferred

New

2

12'Ac

(quar.)

Ltd.

Co.,

6-20

37'Ac

;

Crown

6-

12'Ac

(quar.)

Roxy Theatre, $1.50 preferred (quar.)
Royal Crown Bottling Co. of Louisville—
5% preferred
(quar.)

Royalite

4

6-12

$1

Corp.—
$1.60 convertible preferred
(quar.)
Standard Chemical Co., Ltd.—

5-31

6-

Brands, Inc.,

Standard

6-16

50c

(quar.)

Industries

Ruud

7-

30c

Extra

Royal

1

6-16

12'Ac

Brothers

Ross

$1.25

$$1.06 '

(quar.)_

$1.12'A
25cl

iquar.)

insurance

5-26

50c

preferred (quar.)—,—
& Williams Steel Forging

share

Mfg., commons.

preierred
Standard Accident

*

(quar.)

(A. E.)

sJ.75

6-16

$1.25

(quar.)_

50c

$1.50
$1.37'A
$1.37%
60c

Inc., $4.50 preferred (quar.)
Squibb (E. R.V & Sons, common
$4 preferred
(quaf.)

$1

35c
25c

(s-a)

6-25

5

Ronson Art Metal

.

25c

6-

VA

common

(A. G.) & Bros, (s-a)
Sparks-Withington Co.— ■
6%
convertible preferred
(quar.)__
Spear & Co., 1st preferred (quar.)_J
2nd preferred
(quar.)
Spe-ncer-Kellogg & Sons (quar.)__

'

6- 2
6- 2

■

1

10c

series

Service—

1

Co

5%

Public

6-10

6-16

Extra

35c

Southwestern

$1

f

(quar.)

preference

*

1

25c

Electric, 4%

preferred

Life

7-

Manufacturing

prior

com.

(quar.)
Insurance
(Dallas)—

7-

Rockwell

5 %

Co.,

preferred

$1.75

(quar.)

$1
75c
$1.25
11.25
$1.50
10c
25c
25c

(quar.)
(quar.)_

(quar.)

convertible

10-

Gas

5 %

$6 preferred

$1.75

Rochester

&

6- 5
5-20
5-15
5-15

$1.20

$1.75

:

(quar.)

Co.

6-30
6-15

37'Ac

A—_

(initial quar.)
Southwestern States Telephone Co.

$1

Co.

6-11

•

Quarterly

5-22

(quar.)

H.)

(quar.)_

(quar,)___:

Investment

preferred

Southwestern

5-15

lc

(quar.)

A

6.-30

,

$25c
$$1.50

Gas

Co.

Southwest Natural Gas,

6-10

$1.12'A

:

common

40c

Railway Co.
(quar.)
non-cum. preferred (quar.)
non-cum.
preferred
(quar.)

5%

1

6-12

25c

(irreg.)

Corp.,

6-10
6-20
6-11

Electric Co.—

&

$1.75

(quar.)

.

6-27
7- 1
6-30

25c
62'Ac
20c

Southern

New

(quar.)

Corp.

Textile

Robinson

•

6-10

7-

Goods—

preferred

Richardson

Riegel

Pacific

90c

Tobacco, 3.60%

2nd preferred (quar.)
2nd preferred (quar.)

7%

Natural

12'Ac

common

Inc.__;

preferred

1st

5-20
5-16*
6- 2

(quar,)

preferred

Southern

6-20

25c

Inc.__

Bros.,

Rice-Stix

7%

4.8%

6

6-10

$1.50

(quar.)

A

6- 1
6-14
6-30

Co.—

preferred

Gas

7-1

25c

(Los Angeles)—

Universal
Quarterly
Quarterly
Troy &, Greenbush RR. Assn.. (s-a)

208

—

participating

25c

(quar.)_

Copper & Brass,
Drug,

7%

6-

12'Ac

preferred

prior

5- 9
5-1

0-20
5-26
5- 9
6-13
5-31
6- 3
b-i"
5-28
b-3i
5-31
b-13
5- »

933Ac

$50c
T—$50c

Treesweet

6-11
b-13

,.

6- 2

25c

(quar.)_

com,

i~

Co.

B

4'A%

6-10
6-2

.

Power Co.—

Southern Indiana

Southern

12'Ac

Co.

pfd. (quar.)
Rheem Mfg. Co., common (quar.)_
;
4% % preferred
(quar.)____
Rice Ranch Oil Co. (quar.)_

5,,..

1

6-30

62'Ac

common

Reynolds (R. J.)
»;

7-

$1.12'A

Extra

Reymer

6

6%

2

6-

7- 1
6- 2
6-15
6-15
7- 2

Co.

Trinity

original

25c

Petroleum

Republic

.Rexall

6-

1

31'Ac
$2.50
25c
$1
$25c

(monthly)—__——-—_
5%
preferred (monthly)—
Tooke Bros., Ltd., new common (initial)—
Toronto Elevator, Ltd. (quar,)—
Traders Finance Corp., Ltd.,. class A

6-10*

Southern Canada

1

6-16
6- 2
6-30
6-10
6-28

50°
$1
25c

preferred

7%

6-20

-

(quar.)

Brewing

Tivoli

Truax-Traer

(quar.)_—

& Trust

Insurance

87'Ac
20c
31'AC

—

Edison

California

6-16

Ixtc.
(interim)—-—Timken Roller Bearing
—

87'Ac

,

& Paper

6- 2

50c

Time,

5-31

Co.—

(quar.)

$1.75

,

Co

(quar.)—
(quar.)

Co.

Roofing

30c

5-16

7-

preferred

$3.75

Transue

5-31

7-

Land

Water Associated Oil Co,,

Tide

Class

1

Common

(quar.)

Republic

(s-a)

5-31

6-14
6-30

(Del.)' (quar.)

Service Co.

&

5-15
4-23

5-16
4-25

Inc.,

Textron,

6- 2
6-10*

6-13

35c

Oil

7- 1
6-12
6-20

6-14

87'Ac

Public

45c
50c

50c

_

Co.

7-18

&

Texas

5-ijjt

6-10

—

5-15
5-15

35c

.

_

25c

(s-a)____

Oil

&

5-23

(irreg.).

.

6-2

—

6- 2
6- 2

(quar.)

Electric & Gas

__

(quar.)

pfd.

6-13

com.

6- 2
5-15
5-15
5-29

6- 2
6- 2

Railway.—

Pacific

Texas

(Chicago)—

Iron,

5-23

6-14
6- 3
6- 3^
7- 1
6- 1; ,..
6- 2
7- 2
6-30

10c

7 %

(quar.)

Co.

40c

6%

6-17

1

8-

Coal

Pacific

6-10

t

6-10

6-14

Extra

Texas

o-ia

o-ii
b-17
o-i"

6-lb
6-16
6-18
6-13
6-lJi
5-15

(irreg.)——^___—
Toledo Edison Co. 6% pfd. (monthly)

$$1

6-27

25C

53'Ac

Sulphur

5-15

6- 1
7- 1
7-1
6- 2

__________

._.

Works,

Water

Gulf

6-10
6-30
5-16
5-23

preferred (quar.)
37'Ac
preferred B (quar.)
37'Ac
Southern California Water, 4% pfd. (quar.)_
25c
4'A% preferred
(quar.)
$0.265625
5%

Corp.

Haute

Texas

6-2U
0- 0

6-30

50c

Tennessee

5- 2

•

6-27
6-18
7-1

Telephone Bond & Share—
7% 1st preferred (accum.)_________,—$1.35

6-24
7-15
6-16
6-13

(quar.)_

6- 2
7- 1
6-12
6- 26- 2
6-14

.

.

«-•»«
o-^o

6-30

Co._

Title

$1

preferred

Southern

1

preferred (quar.)
preferred (quar.)
Reliance Electric & Engineering Co., com
$2.10 convertible preferred
(quar.)

(interim)

Ltd.

Mines,

Gold

Products

5-20

—

Extra

1

Hughes

Tecumseh

o-j®
o-J®
o-to

$12'Ac
$5c

(quar.)__

6-14

97'Ac

Co.

Southern Advance Bag

$40c

Teck

5-31

7- 1
°- 2
6- 1

20c

Taylor & Fenn, 4.32%; conv. pfd.
Taylor Pearson & Carson, Ltd.—
5%
preferred (quar.)

70c

*

Carolina

5%

5-30

—-

6-2
6- 2

(quar.)___——
(Alexander) & Sons Carpet Co.—

Common

Co

6%

6-11
6- 1

56'Ac
130c
$$1.25

preferred (quar.)__
—
Smith
(Alsop) Paint & Varnish—
7%
preferred
(quar.)
Socony-Vacuum Oil Co.
(quar.)—,
Sontone Corp., $1.25 conv. pfd. A (quar.)—

Inc
__
Regent Knitting Mills, Ltd.—
$1.60 non-cum.
preferred
(quar.)

Revere

5-31
5-17
5-17

3'A%

$1.75

.

Bros.,

Motors,

6-16
6- 1
6- 1
6"14

preferred

Common

$1.25

prior preferred (quar.)
preferred (quar.)
43/4% preferred A (quar.)

Reo

5-31

(quar.)

Hotel

Kenmore

Smith

5-17

1

60c

Co.

preferred

$1.20

6-12

37'Ac

5%

7%

Bit

6-16

5% conv. preferred (quar.)__
Thermatomic Carbon, $5 preferre-d (s-a)—
Thompson Products, common
4%
preferred (quar.)
Thrift Stores,' Ltd.
(quar.)

common

10c
133Ac
(quar.)— $$1.12'A
$1.50

4'A% preferred
(quar.)
;

Ltd.,

Liquidating

1

25C

_

Reading Co., 4% non-cum. 1st pfd.
Real Silk Hosiery Mills, common

Roller

5-31

(irreg.)

Co.

Steel

&

Skilsaw, Inc. (quar.)
Sloss-Sheffield Steel &

35c

_

Packing Co
Ray-O-Vac Co. (quar.)
Raybestos-Manhattan, Inc.
Raytheon Mfg. Co., $2.40 preferred

Reeves

6-16

Inc.,-

Tilo

City Gas & Electric, common

$3.90
6200

6-16

25c

.

Rath

Reed

Texon

6-16
6-16
5-20
5-22

4'A%

Talon,

0- ~
0- J

6-2
6-10
7- 1

75c

(quar.)
_____—
(James), Inc.,. common (quar.)____.
preferred (quar.)
;
—-

Talcott

6-2

$1.25
15c
56'Ac
50c
27c

_————

preferred

5%

5-31

"

Extra

A

Class

$1.50

Saw

Mfg.

Singer
Sioux

5-19

$10c

_

,

2*

6-

60c

(initial)

common

6-14

30C

(quar.)__
.

Ltd.

Stores,

Electrotype,

20c

Sylvanite Gold Mines. Ltd.__
1—,
Tacony-Palmyra Bridge, common.

5-15
5-1
5-1

6-10

7-

$1.25

8

Transit Corp

Syracuse

6-16

Co.

1

6-

6% pfd. (quar.)—
4%
2nd .preferred (quar.).
—_
Swift & Co.
(quar.)—;
Swift International Co., Ltd,
(quar.)

Terre

(increased)

com.

Simpsons,

6-16

25c

Paper Co
Oil Corp.,

Swan-Finch

6-10
5-30
5"32
6-27
5-31

(quar.)

5-

50c

_—

Oil

Sutherland

7- 2
6-30
6-30
7-28
6-16

(quar.)..,

5-29

5-29

5-29
5-23
6-12
6- 2
6- 2

(quar.)—

Corp.

6-20
5-15

(quar.)

1

6-16

Super-Cold

7- 1
6- 2

6-20
6-14
7- 1
6-30
6- 2
6- 2

Simplicity Pattern, common (quar.)
5'A%
convertible preferred
(quar.)_____

$ 1.18 %C

Co., common (quar.)
5%
preferred (quar.)
Pyrene Mfg. Co
Purity Bakeries Corp. (increased)
Quaker State Oil Refining Corp.

(quar.)_—

(Franklin), 4'A% conv. pfd. (quar.)
(H.) & Sons, Ltd., common (quar.)_
preferred
(quar.)

Simonds

$4.75

...

Ltd.

Simon

5-28

$1.75

;

Publicker

Pure

pfd.

__

preferred

5%

4,'A%

5-26

(quar.)

Royalties, class A
Signode Steel Strapping,

Simon

preferred (quar.)
7%
preferred (quar.)

6%

Signal

$1.25

Oil Corp., common (increased)
preferred A (quar.)___
Mining
(quar.)

Sunray

25c
20c
62'Ac
,*50°

common

(quar.)

Water,

Valley

B

$2

$5

Products,
preferred

Extra

5-29

50c

__

(quar.).

Electric

Mfg.

Class

5-29

35c

of N. J., common
(monthly)
(monthly)
(quar.)
(quar.)

preferred
preferred

5-15

6-16

45C

preferred
preferred

5-15

1

Hampshire—

Service Corp.

6%

6-16

Extra

Increased
Public

1

6-

87%C

(quar.)

(quar.)

Corp.

$$1.75
$20c
J20c
$20c
50c

G.) Co. (quar.)
Corp. (increased)

—

capital stock
3 Va %

5-9
5-9
5-1
6-14
6-14
6-14
5-15
5-26
5-26

"

Crane & Hoist
Sheraton Corp. of America—
$1.25
convertible preferred

5-16

41%c

(monthly)
(monthly)
(monthly)

preferred

7%

6-

(quar.)

Corp

(Frank

Shenango

2

Co,

Steel

43A%

(quar.)__

7- 1
6- 3
6-30

(quar.)
Sherwin-Williams Co., 4% preferred (quar.)
Sherwin-Williams Co.. of Canada, Ltd.—
7% preferred
(quar.)
Sick's Breweries, Ltd., common (increased)Common
v, t.
c—
—
Sigma Mines, Ltd. (Quebec)
(interim)
Signal Oil & Gas Co., class A (quar.)

tl'Ac

Mines,

Co., Ltd., 4%

Electric Light, 6%
Service Co. of Colorado—

Public

7-

preferred

_—

31'Ac
$1

Shepard-Niles

Dome

25C

(quar.)

25c

dividend).

25%

(stock

Co—

participating

A

Sunbeam

Oil

A.)

50c

Sharon

'

(D.

$5 pfd. (quar.)
(quar.)

50c

Shakespeare

5-20

.

Stuart

0 1

$75c
75c
$1.25
50c
60c
$20c
25c
35c
25c
$1.06'A
10c
10c
50c
37'Ac
10c
40c
40c
75c
$2c
75c

Co._____

Co.

o-ju
9-30

6- 2
6-25
7-1

25c
25c
$.1

.

50c

5-20

2

(quar.)

Strouss-Hirshberg

—

$1.12'A
10c
50c
25c
12'Ac
25c
59%c
$1.50
$1

(quar.)

pfd.

$4.50

5-20

2

6-

America, Inc. (resumed)
4'A % pfd. A (quar.)

of

Car,

Brothers

Inc.

2

6-

75C

Products

Metals

Pressed

Servel,

6-

70c

(quar.)__

preferred

Terstegge

&

Stratton

Common

6-2
6-2
6- 2
6-30
7- 1
7- 1
6- 2
6-16
6-16

Extra

133Ac

1st

Inc., common
(quar.)

preferred

(quar.)

class A
(quar.)
J

B

prior

5%

Class

$10c
$10c
$20c
$1
$1.12
$1.25
15c
22c
25c

Corp.,

Class

5-22

1

Mfg. Corp.—

convertible

Prentice-Hall,

7-15
6-

$2.50

Camp, Inc., common
preferred (quar.)
Stonega Coke & Coal Co
Stowell Srew Co., Ltd,, class A (s-a)
Stokely-Van

5-26
6-10
6- 2
5- 9

15c

5-26

—

—

Sunshine

preference
(quar.)
Candy Shops
(quar.)l
Security Banknote Co
Seiberling Rubber Co., 4'/a%" prior pfd
5% class A preferred (quar.)

6-14

Baer

5-26

Ltd.—

(Laura)

6-16

__

6- 1
6- 1
6-30
6-16
6-10

(irreg.)

$$1.50

(interim)

common

(quar.)

Strawbridge & Clothier,

(quar.)

Investment,

$35c

partic.

Public

Inter.

25C

(quar.)

5-26
6- 5
6- 5

partic

4%

Secord

2

6-

Canadian

Common

5-15

Ltd

Co.,

non-cum.

Price

Second

$1.50

5'A %

Power,

6-14

6-16
6-16

119c
$31'Ac
$2.50
"25c
25c

.___

Seaboard Oil Co., of Delaware
Sears Roebuck & Co. (quar.)

5-15

6-

37'Ac

*

(quar.)_

preferred

,

60c
17'/2C
$1.02'A

com.

,,

7-10
10-10

25c
25c
25c

(s-a)

Corp.

Fuller^.J

3c
50c
85c
91'Ac

(quar.)

(quar.).

Extra

6- 5
5-31
6- 2
5-29*
7-18*
5-14

c

Service,

Water

Warner

Stewart

pfd.

4'A%

6-14
6-15
6-12
6-13
8- 1
6- 1

41'Ac
25c

Scythes & Co., Ltd., common (quar.)
5%
preferred (quar.)
Seaboard Air Line RR., $5 pfd. (initial)

5-29

62'Ac
62Vic

(quar.)

Brook

6-14
12-13

l«c

Stejrn Textiles,

&

r

6-1^

50c
25c
56c

—

Drug, Inc.
(quar.)
Motor
Trucks—

Stix

(quar.)—

Co.

Lace

4.10%

4*

6-

25c

Food

$3

Scranton-Spring

6-17

(quar.)

(quar.)
Alexander, Inc.

River

6%

5-20

6-30

Extra

Pratt

2

7-1

(quar.)
i
$3.65 preferred

Mfg. Co.,

6-14

Powdrell

6%

Scranton

6-24

preferred

Powell

Scovitl

6-14

6-

5c

preference

America

of

5-22

62'Ac

class B__

class

5-20

1

6-30
12-20

25c
10c

—

common

Common

Stern

(increased quar.)_

common

preferred

$3.40

2

7-

$25c

25c

Corp. 5% 1st pfd.
$2.50 2nd pfd. (quar.)

Paper Co.,

6-13

6-

$1.75

(quar.)

Sterling

75c
75c

Brothers, 5'A% preferred
Schiff ' Company
(quar.)
'
Schmidt
Brewing Co.__
L___

5-16

2

6-

37'Ac

(resumed)

Mining

5-17

_

Sanger

5-26

6-16

Ry—

Corp

6- 2

Associates,

Loan

Semi-annual

Scott

(quar.)

Sterling

$20

Remedial

Semi-annual

5c

Chocolate

&

6-10

6-20
6-20

Co

Transit

6-10

7-15
7- 1

Corp

Francisco

6-25

$1.37%

(accum.)

Ashtabula

&

Polaroid

*

Antonio

San

6-25

$2

preferred

Youngstown

Plymouth

'

San

5-29

Stores

Electric Motors,

$$3

Payable of Rec.
7- 2
6-16

Share

$15c

Ltd. (quar.)—r__.
(quar.)

Brothers,

Sterling

6-20

..

.

Bros.

7-15

(accum.)—

Royalty

5-20

.

Sterchi

$25c

50c

Paper

preferred

25c

preferred
(quar.).
Development, Ltd. (interim)

Planters

6%

%

6-12

35c

(quar.)

Co.

Pittsburgh & Lake Erie RR
Pittsburg Steel Co.—•

7%

Lawrence

6

1

6-

$1.25

Extra

»

5-29

10c

Pittsburgh

Placer

St.

5-15

Name of Company

Holder*

When

Per

Holder*

Payable of Rec.

Stedman

Ltd.— '.
preferred (accum.)—
Mills, Ltd.—

Corp.,-

convertible

A

Sabine

convertible

1st

2

6-14

6-

$1.50

(s-a)

preferred
(quar.)
Pittsburgh Consolidated Coal (quar.)

«'

Lawrence

Class

Pittsburgh Brewing Co., $3.50 pfd. (accum.)
Pittsburgh Coke & Chemical Co.—
'

St.

5-15

6-12

When

Per

Share

Name of Company

payable of Rec.

15c

(quar.)

Pittsburgh Bessemer
6%

Share

Company

Holder*

When

Per

Name of

1947

Monday, June 2,

FINANCIAL CHRONICLE

THE COMMERCIAL &

50

1

93%o«. 6-16
$1.02 .. 6-^16

6-3

6-17

,6- 2

$17'Ac
35c
50c
22 Ac
25c
60c
50c

6- 2
5-29
7-1
5-19
5-31
6- 9

6-30
7-156- 2
6-14

$1-75
$1.06'A
$1

6-30
7- 1
7- 1
6- 2
6-16

50c

6-12

6- 3

22Vic
50c

7- 1
7- 1

6-19
6-14

b-13
i

6-13
5-21
5-15

Lines—

(now

preferred

quarterly basis)
(s-a)

on

a

Playing Card Co.

(quar.)

jVolume 165

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4599

Name of

U.

"

Company

8.

Pipe & Foundry
Quarterly

Co.

Share

(quar.)

S.

XI.

Potash

40c

6-16

S.

Printing

5%

.

TJ.

50c
62V2c

Lithograph,

6- 2
7- 1

$1

6- 9

$2

6- 9

common:

(quar.)
Co., common

Rubber

8%
XJ

&

preferred

S.

1

1st preferred

non-cum.

(quar.)

_

Wabasso

Waite

Waldorf

XJ.

Steel

S.

Tobacco,

7%
■XJ.

Corp.,

Trust

United

Steel

Universal

(N,

Y.)

Corp.,

Universal

Pictures,

preferred
„

preferred

A

(quar.)

514%

2

5-15

Warner

5-15

1

1-1-48

12-30

B

(quar.)

56V4c

7-

1

6-28

B

(quar.)

5614c

10-

1

9-29

1-1-4JB

12-30

414%

•Upson

preferred
Co.,

414%

!

B

75c

(quar.)

56V4c

Oil

-Utah

Refining

Power

Utica

&

Motor

6-14

5-31

7-1

6-5

Engineering

West

$1 '

(quar.)
(quar.)

62V2c

preferred
Holland

75c

$1.3714

Bakers,

Inc

:

Steel

5-20

6-18

6-11

$2

,8-1

7-18

2uc

Inc.

6-30

6-10

;

6-

60c

(increased)

6-

2

Westeel

15c

6-10

6-

2

Coke

9-

1

Paper Co.

Class

B

6-13

4-30

25c

7-

1

5-21

$1.1214

7- 1

6-16

$50c

6-14

5-26

75c

6- 2

5-19

25c

6-16

5-31

75c

7- 1

6-16

75c

8-15

...—...

Light & Telephone Co. (s-a)
Western iracific RK.,
common
(quar.)
Common
(quar.)

75c

8-

11-15

11-

1

6-

2

5%

preferred A

(quar.)

$1.25

8-15

8-

7-1

6-20

5%

preferred A

(quar.)...,

$1.25

11-15

11-

5-15

5%

preferred A (quar.)

20c

(quar.)

6-

2

Western Real Estate

t9c

6-15

6-

30c

;

6-

2

5-15

!_

75c 2-15-48

1

Trustees

Tablet

Power

"

2

5-15

Western

5-31

5%

preferred

Stationery,
(quar.)

5%

preferred

$1

6-2

5-22

7- 2

6-10

$1.25

6-20

5-29

Westinghouse

Co.—

(quar.)

62'4c

6-20

6-

3714c

8-1

Weston

7-15

'

(quar.)

6-

5

40c

...

6-15

6-15

6-

Westvaco

5

New

..

6- 2

50c

7-10

9-18

Weyenberg

$1.25

1

50c

6-10

(quar.). $$1.1214

6- 2

pfd.

Mfg,

State and

5-15

90c

6-

1

5-15

7-31

$1.12Va

(quar.)

6-16

z

7-15,
5-31

15c

7-

2

6-14

3114c

6-

2

5-15

(quar.)

7-

$50c

(quar.)

1

6-20

6-30

5-31

25c

6-

6

5-20

50c

6-27

6-16

$1.75

6-27

6-16

(quar.)

common

50c

6-

2

4-21

3%

_

(s-a)

6-9

4-30

2

5-23

Trust—

1

beneficial

convertible

(L.

5-15

intreest—

7c

6-

6-20

50c

common

10%

6-

5

6-20

6-

5

$1.1214

6-16

6-

5

$1.1214

6-16

*

(quar.)..
(s-a)___

$2.50

6-

2

6- 5
5-15

25c

6-

2

5-20

25c

7-

1

25c

8-

1

7-19

$4c

7-

2

5-27

25c

6-

1

5-16

.

15c

6-20

6-6

7-1

15c

8-

1

7-25

15c

11-

1

10-25

15c

A.)

7-31

7-21

25c

6-16

6-

6-16

5-16

15c

6-30

6-23

25c

6-16

5-31

20c

(quar.)

1-25

37Vac
$1

preferred

2-1-48

6-10

6-

Spring & Wire
&

Tube

Car

Steel

Less 30%

5-15

•Transfer

6-

2

5-20

resident tax

25c

——

1

_

35c

;

6-

Mig. Co.
Co., common

(quar.)

Door

7-

1

6-14

Jamaica
books

tPayable

Co

25c

Co

Zeigler Coal & Coke Co.__,

Products—
...

5-23

Towne

Youngstown

5-28

414%

of

Youngstown Sheet
Youngstown Steel

5-15

Instrument

1

-

Ltd.

dividend

Cab

Young

6-18

6-16

.—

(initial)..

Shoe

7-

25c

Chlorine

common

6%

6-26

10-1

5-31

6-

Common

5-20

common

6-14

$1.50

com

Common

5-20

6- 2

Brake—

Air

(George), Ltd.,

6

40c

&

Electrical

Weston

(quar.>
class A (quar.)

$2.50

&

Yellow

2-1-48

$1.25

(quar.)..

"

t31V4c

(quar.)..
__

com.

6-

6-14

Yaxe

2-1-48

$2

60c

(increased)..

(s-a)'

(Boston)

)

Extra

.

$1.25 2-15-48

5-15

6-30

Wrigley (Wm.) Jr., Co. (monthly)
Monthly
Monthly
Wright-Hargreaves Mines, Ltd. (quar.)
Wurlitzer
(Rudolph) Co.
(increased)

1

'

15c

(quar.)

Stock

1

(quar.)

5-15

6-30

*

pid.

prior preferred (qxiar.)
414% convertible prior preferred
Worumbo Mfg. Co., 5% prior pfd.

1

12-

1

$1.1214

414%

1

6-16

5-15

6-

common

___

12-10

1

$$2.50

Worthington Pump & Machinery,

6-16

2

6-

6-16

6-

(quar.)

Investment

Certificates

6-16

7- 1

2214c

5-19

1

$50c

(F. W.) Co. (quar.)
(F. W.), Ltd., 0% pfd.

Woolworth
World

Co.,.

Co.

Lothrop,

preferred

Woolworth

6-25

25c

—

(auar.)

CondensingCo

Common

(Del,)

Railway

preferred

6-30

50c

(quar.)

Visking Corp.,

(quar.)

common...—

30c

Virginian

5-15

5-15
10-21

25c

(s-a)

Western

9-10

2

6- 2

11-3

15c

Ltd. (s-a)
Western Auto Supply
(quar.)

5-16

6-

$1

50c

(irreg.)

&

&

7%

2

7-

$1

Woodward

8-12

6-1

6-

Cotton

Manufacturing,
Governor

6-16

7-2

25c

(quar.)

Light, 414%

Woodward

8-15

5-31

25c

(quar.)
(1897) (quar.)

Industries, Inc.
5% conv. pfd. (quar.)

6-30

6-10

6214c

Woodall

20c

5-15

30c

preferred

Woods

2

$25c

Corp
preferred

Woodside

5-12

6-

$1,0614

Bankshares

&

2

20c

Co., common
preferred (s-a)

preferred

6-12

6-

25c

(s-a)

Wisconsin Power

$$1.75

Products,

Western

quar.)_„

Virginia Coal & Iron Co. (quar.)..
Virginia Dare, Ltd., 5% preferred

6%

Coal

preferred

$4.50

,

2

(quar.)
(quar.)_

&

3.60%

5-23

.

—

6-

Extra

y

Co.

Gas

Virginia Pulp &

6-10

In,c.,«

$5 preferred

6-14

5-15

6-26

25c

Electric

non-cum.

6%

5

$1.75

(initial

Electric

$1.50

Co

Special
—
Virginia Water Service,

$1.75

'

___

(quar.)

Verney Corp.
Viceroy Mfg. Co. Ltd.

Virginia

2

6-

Snowdrift, Inc., $4 pfd. (quar.)
Corp. (special interim).

Virginia

$1.76

(quar.)

Co.

Ohio

$1

com.

(quar.)

Co.

5-15

Sugar

West

5-15

2

6-

75c

Indies

West

1

25c

(s-a)

Dutch

6-

Veeder-Root, Inc.—

Pump

5-15

6-

6-17

5-20

.Viking

8- 2

$1.25

6-19

Vapor Car Heating Co.

i

$2.50

6-30

7-1

6-

100%

common

preferred

5%

5-29

30c

dividend)
(resumed)

Wisconsin Co., 414%
Wisconsin Electric Power

15c

6-18

2

(increased)

5-15

1

1

Chemical

2

7-

West

Vick

6-

50c

Co

(stock

(quar.)

Wisconsin

5-31

12-22

Freeze,

20c

1

7-15

.

5-17

>

6-14

!_

(quar.)

1-2-48

Velvet

2

10c

Co.

prior preferred

common

5-17

5%

6-2

West

preferred

6- 2

1

Wesson Oil &

New

25c

6-

7-

.

$1.50

Co

common

Brothers,

Winnipeg

1

9-20

.

5-21

7-

6-20

7%

2

6-10

5-27

preferred

6-

7-

1

7%

75c

50c

1

preferred

6-6

20c

7-

7%

3

(quar.)

Oil Works
Knitting Mills
Wayne Pump Co.
(quar.)
Wellington Fire Insurance Co. (s-a)
Wellington
Fund, Inc.
(quar.)

6-6

"Vanadium-Alloys

7-

25c

Valley Mould & Iron, common
$5.50 prior preference (quar.)
Valspar Corp., common..,

<

3714c

Co.,

preferred

Wilson

Wayne

10-

Co.,

6-16

&

$4.25

Waverly

6214c

Raalte

Wilson

Waukesha

6214c

Van

5-13

6-16

(quar,)__
preferred (quar.)

Kamp's

5-13

5-15

2

Mfg.

6-16

6-

2

Lace

1

$1.13

6-10

1214c

(initial quar.)

com.

Corporation

7- 1

$1.37Va

6-10

6-30

$2.50
new

Co., Inc
Chocolate

6-16

6-16

7-

6-30

Willson

7-1

6-

Gay

5-31

15c

1214c

(quar.)

Products, Inc
Wilsil, Ltd. (quar.)

$1

(quar.)

Stores,

(Wm.)

Wilkes-Barre

5-16

6-16

15c

(quar.)

6-20

6-13

preferred

de

*30c

1

25c

prior

Van

7-

$1.1214

Co.

convertible

Ltd..

(S. D.)

prior

$4

Worts,

com

Pictures

Bros.

5%

5%

Wilcox

50c

Co.

preferred

5%

*

5-15

;

Wellman

'

6-14

White's Auto

6-30

10c

Co

Wilbur-Suchard

(s-a)

Light

Knitting

5-15

15c

,

Co

Extra

•

6-12

$1

5c

Walton

Whitman

6214c
&

9

Paper

6-20

40c

A

Gooderham

Whitaker

5-

1

Payable of Rec.

share

preferred

7-

(quar.)

common

preferred

Upson
Utah

(quar.)___

6-14

conv.

6-10

...

(Northam), $3 conv. pfd. (quar.)..
Company, new com (initial).
$4.50 preferred (quar.)
Warren Petroleum Corp. (quar.).
Washington Railway
& Electric—
5%
preferred (s-a)
■5% preferred (quar.)
Washington Water Power, common
$6
preferred
(quar.)

9-29

4ya%

preferred

7- 2

50c

25c

....

Mills

Baking

Warren

5-29

6% preferred A
414% preferred
r

$$l

■

(quar.).

Extra

Ward

6-28

10-

Co.

Wamsutta

2

7-1

75c

7-10

Warren

6-12

75c

,

6- 2

6- '2

40c

.

6-16

6-

$1.06'4

(quar.)'_

j,

6-

1

6-17

2oc

Upper Michigan Power & Light—
6%
preferred A (quar.)
6%

6-16

11714 c

414%

Products

5- 9
6- 2

(Hiram)

7-

$8.75

Co._

Class

&

6-16

43%c

Ltd

Insurance

.Universal

(quar.)

(quar.)

(quar.).

6-10

7-21

$20c

(quar.).

Ltd.

6-20

Company

Wheatley Mayonnaise Co, (quar.)
Wheeler, Osgood Co. com. (quar.)

51

Holders

When

Per

Name of

5-15

2

$1.75

Co., common (quar.)
prefer#ed (quar.)—

Walker

6-

$1.50

Ltd.

Inc.

(2971)

Holders

Payable of Reo,

20c

Walgreen
Walker

6-10

30c

preferred

Co.

Co.,
Mines,

System,

5-15

2

6-

$1

common

non-cum.

S.

56&C

common

Share
x._w

(quar.)

Cotton

Amulet

4%

Spring & Bumper Co.—
4Va%
preferred (quar.)

XT. S.

preferred

5-19
5-19

S.

1

:

7%

6- 2
5-17
6-14

.

•

Company

Mfg. Corp.
(increased)
Vulcan Detinning, common

8-30*

9-20

35c

(increased)

Name of

Vogt

5-31*

6-20

When

Per

Payable of Rec.

40c

_

U.

Holdert

When

Per

In

tPayable

not

closed

S.

for

funds,

15%; resident
U.

2

Income tax.

Canadian

In

2

this dividend.
tax

deductible

7%.

tax

funds, less

a

15%

the

at

British

Less

Canadian

Non¬

source.

Income

tax.

non-residents'

tax.

City Department

BOND PROPOSALS AND NEGOTIATIONS
ALASKA

Hannaford

>

Bond

Offering—A. J. Koenig,
City Manager, has announced that
sealed bids will be received

$2,200,000, not exceeding 5%

in¬

terest:

supply bonds.
1949

1

and

water

new

Due $10,000 in

$20,000

in

1950

1966.

50,000

'
rehabilitation

lines

bonds.

of

Due

to
•

water

$5,000

in

1949 to 1958.

225,000
"1949
and

(P.

O.

Bond

line

Public

on

were

to

will

May

16 the

p.

the

of

water

offered

for

Los

of

Association, of San Francisco, as
3y4s, at a price of 102.263, a basis
of about 3.07%. Dated Jan. 2, 1947.
Due Jan. 2, in 1957 to 1973. In¬
terest payable J-J. Runner-up in
the bidding was Redfield & Co.,

of

outfall

Imperial

bonds.

1949,

and

shop
Due

and

ga-

$5,000

$10,000 in

in

1950

Calipatria
Sch. Dist. (P. O. Centro),

to 1966.

/, /
;
400,000 paving bonds.
Due $22,000 in 1949 to
1962, and $23,4
000 in 1963 to

196677 ' *

500,00 extension electrical distri-

National

$112,000

Trust

&

Savings Association, of San Fran¬
cisco—v. 165, p. 2591—were sold
as 2%-s, at a
price.of 100.115. In¬
terest payable M-N. v Dated May
1,

1947.

These

j

Denomination'

bonds

an

County, Mount
College
(P. O. Los Angeles),

■

'

•

bonds;

Due

are

Bond Sale-^-The

awarded

were

America

National

the

Bank

Trust

&

of

Sav¬

ings Association, of San Francisco,
and

the

California

Bank

of

for 2s

1

from

Second
was

1949

to

high

bid

1969

of

Yolo

Sanitary Dist,
(P. O. West Sacramento),

inclu¬

101.607

made by a group com¬

Angeles, American Trust Co., San
Francisco, and Shuman, Agnew &
Co.

a.

rate is not to exceed

Denom.

15, 1947.

m.

5%, payable

$1,000.

Due

on

Dated June

June 15, as fol¬

lows: $10,000 in 1948 to 1952, and

$20,000 in
must

to

1953

1962.

Bidders

specify the rate of interest

which the bonds shall bear.

Bid¬

County School Districts
O. Woodland), Calif.
Sale—The

Elementary
for

May 20—v. 165,
2592—were awarded to Hanna¬

p.

a

rates,
rate
a

irrespective
of

said

stated

the

of

bonds.

The

on

Francisco, as
price of 100.168, a basis

of

about 2.73%. Due $1,000 from
May 1, 1948 to 1967, incl. Interest
payable M-N.

Additional
Winters

Sale

—

Elementary

The

$60,000
School Dist.

bonds offered for sale at the

same

time

were

165,

v.

—

p.

2592

—

awarded to Weeden & Co., of San

Francisco,

as

Z1/^,

at

a

price

of

100.066, a basis of about 2.49%.
$3,000 from" May 1, 1948 to
1967, incl. Interest payable M-N.

Due

Dated May 1, 1947.

ders will be permitted to bid dif¬
ferent rates of interest and to split

ities

$22,000 Bryte
Dist. bonds of¬

Sch.

sale

ford & Talbot of San

2%s, at

(P.S.T.),
on June 11, by Martin R.
Peterson,
Secretary of the Sanitary Board,
for the purchase of $250,000 sew¬
age disposal system bonds. Interest
J-D.

(P.
Bond

fered

West Sacramento

Los

posed of R. H. Moulton & Co., Se¬
curity-First National Bank of Los

COLORADO

matur¬
interest

in the bid must be

in

Jefferson

County, Arvada School
(P. O. Arvada), Colo.

District

multiple of y4 of 1%. Principal
Bond Offering—J. H. Little, Su¬
payable at the County perintendent of Schools, will re^

and interest

$1,000.

San Diego County, Descanso
School
District (P. O.

-

due

.

•

;

*

•

successful

Bond Offering—Sealed bids will

$1,750,000 bonds
165, p. 2843—

to

the

be received until 11

offered May 27—v.

•

.

furnished

Calif.

May 1, as
San Diego), Calif.
$27,000 in 1949 to 1952, and follows: $22,000 in 1948, $23,000 in
1949 and 1950, and $22,000 in.4951
Bond Offering—Sealed bids will
$28,000 fn 1953 to 1966.
'
f
•500,000 new dial telephone sys- and 1952,. giving a basis of -about be received until June 9, by M.
•'
^
2.461%.
tem
bonds/ Due
.77,'7 <7 ,. 77, Nasland, Clerk of the Board of
$27,000 irl
1949 to 1952, and $28,000 in
Inyo County, Inyo Union Sch. Dist. Supervisors, for the purchase of
7. 7;.i .1953 to 1966.
;
$33,000 building bonds, approved
.tS
(P. O. Independence), Calif.
by the voters on March 28.
Dated Aug.
1, 1947.
Denom. 7 Bond
Offerings-Fay Lawrence,
$1,000. v, The successful bidders to County Clerk, will receive sealed Solano
County, Vaca Valley Union
,/ assume costs of delivery of bonds bids until 2
p.m. on June 2 for the
Elementary School District
to the City,Manager for
signature purchase of $30,000 school bonds,
(P. O. Fairfield), Calif.
by the Mayor and the City Clerk. not exceeding 5% interest. Dated
Bond Offering—Lewis Morrill,
June 1, 1947. Denom. $1,000. These
County Clerk, will receive sealed
CALIFORNIA
r
*'
bonds are due June 1, as follows:
bids until 2 p. m. on June 2 for
Butte County, Palermo Ele¬
$1,000 in 1948 to 1955, and $2,000 the purchase of
$19,000 not to ex¬
in 1956 to 1966.
The approving ceed
mentary Sch. Dist. (P. O.
5%
interest
construction

'/button ' system

be

bidder.

Angeles

Calif.

sive.

school bonds awarded to the Bank
America

voters authorized

on

$485,000 building bonds.

District

June

Calif.

of

election

Angeles, jointly, as 2s, at a price
of 101.831, a basis of about 1.844%.
Dated June 1, *1947 and due on

County,

Bond Sale Details—The

an

San Antonio Junior

2463—

Bank

visors, is required. Legal opinion
Orrick, Dahlquist, Neff, Brown
&
Herrington of San Francisco
of

issue

bonds

Arcadia

County,

Bonds Voted—At

Calif.

$49,000

May 19—v. 165,

awarded

Angeles.

Sch. Dist. (P. O. Los Angeles),
Calif.

Utility Dist.

Fallbrook),

Sale—The

extension

sale

Due $5,000 in
to 1952, $10,000 in
1953;
$15,000 in 1954 to 1966.

rages

in

Fallbrook

bonds.

175,000 municipal
\

Los

offering
2y2S, and

offering 101.53 for 3V4s.

construction

sewer
'

as

America National Trust & Savings

$350,000 reservoir and

;

Talbot,

2%s.

until

July 1, for the purchase of the fol¬
lowing semi-annual general obli¬
gation coupon bonds amounting to

'

&

100.085 for the bonds

Anchorage, Alaska

~

Treasurer's

office

Coupon bonds
the District.
terable

only

and interest.

in

Woodland.

ceive sealed bids until June 2 for

will be issued

Such bonds
as

are

by the purchase of $100,000 construc¬
regis- tion bonds authorized at the elec¬

to both principal

tion held

Orrick, Dahlquist, Neff, Brown &
Herrington of San Francisco, ap
proving the validity of the bonds
will

be

on

May 5/

The legal opinion of

furnished

the

CONNECTICUT

Bridgeport, Conn.
Bond

successful

Offering—Adolph

D'Afl*

bidder without charge. The bonds
will be awarded to the highest and

lisa, City Comptroller, will receive
sealed bids until noon (DST) on

best bidder

June 12 for the

est rate

or

premium

considering the inter¬
specified and the

rates

000

not

series

offered,

if

any.

The

highest bid will be determined by

of

to

purchase of $500,2%
interest,

exceed

1947, coupon sewer and

disposal plant bonds. Dated June
15, 1947. Denom. $1,000. Due June

as follows: $34,000 from 1949
1953, incl., and $33,000 from
mium bid (if any) from the total
opinion of O'Melveny & Myers, of bonds. Dated June
1954 to 1963, incl. Bidder to name
15, 1947. De¬ amount of interest which the Dis¬
Los Angeles, will be furnished.
the rate of interest. Bonds regisnom. $1,000.
Due June 15, as fol¬
trict would
be required to pay
Principal and interest payable at lows:
terable as to principal only. In¬
$2,000 from 1948 to 1956,
v. 165, p.
2718—were awarded to the County Treasurer's office. The
from the date of said bonds to the terest payable
J-D. A certified
incl., and $1,000 in 1957. Principal
the First National Bank of Ororate of interest must be in multi¬ and interest
(J-D) payable at the respective maturity dates at the check for 2% of the bonds bid for,
;ville, as 2V2s, at a price of 100.238,
to
order
of the City
ples of 1/4 of 10. A certified check County Treasurer's office. A cer¬ coupon rate or rates specified in payable
a basis of about 2.47%. Dated June
Treasurer, is required. Legal opin¬
for 3% of the bonds bid for, pay¬ tified check for 5% of the bonds the bid, and the award will be
1, 1947. Due on June 1, in 1949 to
ion of Ropes, Gray, Best, Coolidge
1964, incl. Interest payable J-D. able to the Chairman of the Board bid for, payable to order of the made on the basis of the lowest & Rugg of Boston will be
fur-^
■Runner-up in the bidding was of Supervisors, is required.
nished the successful bidder.
Chairman of the Board of Super¬ net interest cost to the District.

Orcville), Calif.
Bond Sale—The $31,500 school
bonds offered for sale on
May 19—
*

"




deducting the amount of the pre¬

15,

to

52

HAWAII

turing

-

Honolulu, Hawaii
Bond

Sale

The

$2,000,000
Supply coupon
May 28—

—

July 1, 1968, and there¬

on

National

leans, will be furnished.

at

Bank, of Garner, as iy4s,
price of 100.80, a basis of
about 1.15%. Dated May 1, 1947.
a

of the bonds bid

interest payment date there¬ Due on Nov. 1, in 1948 to 1962, in¬
the City, on clusive. Interest payable M-N.
30 days' published notice, at face Second best bid was an offer of
v.
Ida, p. 2719—were awarded to
value, plus accrued interest to the 100.344 for iy4s, submitted by the
a syndicate composed of the First
date fixed for redemption.
Rate Iowa-Des Moines National Bank
Boston Corp., C. J. Devine & Co.,
of interest to be in a multiple of & Trust Co., Des Moines.
Lee
Higginson
Corp.,
Merrill
V4 of 1% and not more than two
Iowa (State of)
Lynch, Pierce, Fenner & Beane, rates shall be named. The success¬
Referendum on Bonus Bonds—
Wniting, Weeks & Stubbs, and F. ful bidder will be required to
The Governor has signed a bill
Brittam
Kennedy
& Co., at a make
payment for said bonds and
providing for a referendum Nov.
price of 100.028 for a combination
accept delivery thereof prior to
2, 1948, on the question of issuing
of $1,280,000 2s and $720,000 2y4s,
June 16, at 11 a. m. (CDST), at
making a net interest cost of such bank in the City as the suc¬ $85,000,000 bonds to finance pay¬

Boaru

Water

of

bonds

revenue

2.1307%.
June

The

bonds

dated

are

1952 to 1976 in¬

15 from

Second high bid

clusive.

of 100.01

for the same combination of rates,
net cost of

or a

2.1317%, was made

syndicate composed of Blyth
& Co., Dean Witter & Co., B. J.
Van Ingen & Co., Kaiser & Co.,
by

a

Lyons & Shafto, and Robert Haw¬
kins & Co.
v

ILLINOIS

i;

Cook County

Sch. Dist. No. 104

ment of

designate in recent
war.
writing; filed with the City Con¬
troller. Time is of the essence of
KENTUCKY
the foregoing requirement as the
Hickman County (P. O. Clinton),
proceeds of the bonds must be
Kentucky
available on said date to meet cer¬
Bond Call
Road and bridge
tain obligations.
No conditional
4V4% refunding bonds, Nos. 29 to
bids, or bids for less than par
33, dated July 15, 1942, have been
value of the bonds will be con¬
called for payment on July 15,
sidered. The bonds are being is¬
1947, at the Chemical Bank &
sued for the purpose of paying
Trust (Co., New York City.
satisfying certain judgments taken
Lee County, Ky. .
against the City by the holders of
—

special assessment bonds,

certain

(P. O. Summit), III.
commonly called "Barrett Law"
Offered—An is¬
bonds, and will be the direct ob¬

of

$33,000 3 V2 %
refunding
bonds is being currently offered
for public investment by M. B.
Vick & Co., of Chicago.
Dated
Dec. 1, 1946. Denom. $1,000. Due
Dec. 1, 1966; optional $11,000 each
Dec.
1
from 1960 to
1962, incl.

ligations of the City, payable out
of unlimited ad valorem taxes to

all of
of the City.
The approving opinion of
Ross,
McCord, Ice & Miller, of Indianap¬
olis, will be furnished to the pur¬
Principal and interest (J-D) pay- chaser at the expense of the City.
able at the Argo State Bank, Sum¬
Enclose a certified check for $15,mit.

by

Legality approved

Wet-

ten, Pegler & Dale, of Chicago.

and collected on

levied

be

taxable property

the

153

Information

Additional

The

—

$3uu,000 building bonds being of¬
by A. C. Allyn & Co., of
Chicago — v. 165, p. 2844 — were

fered
*

originally purchased by the above
named, paying a price of 100.085,
a net interest cost of 2.48%, as fol¬
$40,000 bonds maturing $10,from Dec. 1, 1949 to 1952, as

lows:

000

2Vis, and $260,000 maturing $20,000 from Dec. 1, 1953 to 1965, as

[

Bond

water
works revenue
bonds to the City Securities Corp.,
of Indianapolis, as 2%s, at a price
of 100.215, a basis of about 2.735%
as reported in our issue of May 19
—v. 165, p. 2719—it is now stated

150, III.

Secretary of the Board of Educa¬

tion, will receive sealed bids un¬
June 2 for the pur¬

til 8 p.m. on
of

chase

$2,500,000 building cou¬
pon bonds, not exceeding 2% in¬
terest. Dated June 1, 1947. Denom.
$1,000. These bonds are due June
I,

follows: $75,000 in 1948, $80,-

as

000

1949

in

1951 and

1950,

$85,000

in

1952, $90,000 in 1953 and

1954, $95,000 in 1955,; $135,000 hi
1956, $140,000 in 1957, and 1958,
$145,000 in 1959 and 1960, $150,000 in 1961, $155,000 in 1962 and
1963, $160,000 in 1964 and $165,-

.

<

in

000

1965

to

1967.

The

will be payable at such

.

Chicago,

,

'

and

or

Peoria.

The

bonds

bank

in

associated

with the above named

in the pur¬
'
s.

Indianapolis,

chase of the bonds.

.

.

of the

Board, is required.

t

■

South

—

to

Livingston

June

Dated

1.071%.

about

of

1,

on

$72,000

1,

July

on

1956. Interest

payable J-J. Second best bid was
an
offer of 100.763 for 1l/4s, ten¬
dered

by

Glore,

&

Forgan

Co.,

associates.

and

Township (P. O. Marion),
Offering

Bond

Township

son,

ceive

—

bids

sealed

Mahlon

Pear¬

will

Trustee,
until

2

re¬
p.m.

(DST) on June for the purchase
$12,500 not to exceed 4y2% in¬
Bloomington, Ind.
terest
building
bonds
of
1947.
Bond Offering—Vanna Thrash¬ Dated May 1, 1947.
Denom. $500.
er, City Clerk-Treasurer, will re¬ Due $500 July 1, 1948, and $1,000
INDIANA

of

Broussard,

sealed

bids

until

2

p.m.

Jan.

and

1

July

1

from

1949

to

(CST) on June 6 for the purchase 1954 incl. Legality to be approved
$115,000 not to exceed 3% in¬ by Ross, McCord, Ice & Miller of
terest
refunding bonds of 1947. Indianapolis.
Dated July 1, 1947. Denom. $1,000.
IOWA
Due $5,000 July 1, 1948, and $5,000
Jan. 1 and July 1 from 1949 to
Fort Dodge, Iowa
of

1959 incl.

Bidder to

name

a

sin¬

gle rate of interest, expressed in a
multiple of V4 of 1%. A certified
dheck for $3,000, payable to order
of the city, is required.* Legality
to be approved by Ross,

.

McCord,
Ice & Miller, of Indianapolis.
!_

Bond Offering—Sealed bids will

City

Clerk,

on

June

$210,000

receive

June

1,

due Dec.

to

to

9

for

the

purchase

of

airport
bonds;*:. Dated
1947.
These, bonds are
l

as

follows:

$12,000 in

1957,, and $18,000 in 1953

1962.

The

of Chapman &

be received until 2 p. m.

will

sealed and openJoids until 10 a.m.

1948

Hammond, Ind.

'

Bond Offering—Robert H. Clel-

land,

approving

opinion

Cutler, of Chicago,

(CDST),
will
be
furnished.
A
certified
on June 2, by Keller H.
Cochran,
check for 2% of the par amount
City Controller, for the purchase
of the bonds bid for, is required.
■of $950,000 judgment funding of
1947 bonds.

Interest rate is not to

exceed

payable J-J.

2%,

Denom.

51,000. , Dated June$20,000 in 1948
1, 1947.' Due
uly 1,
follows:,
as

'to

1957,

1972.

and

$50,000

in

1958

The bonds of this issue




to

ma¬

Garner

Indep. Sch. Dist. (P. O.
Garner). Iowa
Bond Sale;—
The,$80,000 con¬

struction
on

bonds'

offered

May 20—v. 165,

awarded

to

p,

for

sale

2592—were

the .Hancock

County

incl.; callable in inverse nu¬

1968

1950;

and accrued
interest payment,
date after Junevl, 1952, in blocks
of $1,000 to $5,000,, but "not more
than $5,000 on any one date. Rate
or
rates of interest to be named
in the bid, also the dollar amount

and

offered

merical order," at par

Sanford, and G. Price Crane, both
of New Orleans, jointly, at a price
of 100 021, a net interest cost of
about

interest,

1.484%, as follows: $134,000
$26,000 June 1 in 1949 and

Is: due

$27,000 in 1951 and 1952,
$28,000 in 1953 and 1954;
$116,000 13/4s, due $29,000 in 1955
and 1956, and $30,000 in 1957. Sec¬
ond high bid of 100.042 for the
bonds
as
iv2s, a net cost of
1.493%, was made by Weil &
Arnold, and the Hibernia National
Bank of New Orleans, jointly.
New

numbered

public improvement bonds aggre¬
gating $1,480,000 have been called
for payment on July 1, 1947.
Shreveport, La.
Bond

Offering

—

J.

the

10

a.m.

on

June 24 for

bonds,

follows:

Amount

sanitary

bonds.

sewer

Purpose

$1,000,000 Sanitary Sewer.
900,000 Storm Water Drain.

payable at the Exchange and Sav¬
ings Bank, Berlin.
Legality to be
approved by Thomas F. Johnson,
of Snow Hill, Md., and by Niles,

cial, must accompany the bid.
Maryland-National Capital Park 1
and Planning
Commission
j
Offering—Irwin

Bond

(DST)

1, 1947.
Denom. $1,1, as follows: $5,-

department

station

July 1 from 1948 to 1982 incl.

20,000 sidewalk bonds.
Denom.
$500. Due on July 1 from 1948

Due June

1948 and 1949;

000 in

All of the bonds

dated July

are

1947. Principal and interest
(J-J) payable at the City Treas¬
office, or at any bank spe¬

1,

urer's
cified

by the purchasers. Separate

must

bids

submitted

be

the

best

to

for

be

each

deter¬

basis of the lowest

the

on

bid

interest

cost, without consid¬
eration of the premium offered.
A certified check for 2% of the
bid for is required.

bonds

Legal

opinion of Chapman & Cutler of
Chicago will be furnished the suc¬
cessful

bidder.

Gretna, La.

•

Bond

Offering

Julius F, Ho-

—

City Clerk, has announced
and the Board of

tard,

that the Mayor

will

Aldermen,
bids

until

the

purchase

8

p.m.

receive
on

sealed
24 for
following

June

the

of

bonds

amounting to $455,000, not
exceeding 3% interest:

$105,000
28

sewerage

bonds. Due Feb.

follows: $3,COO in 1948
1960, $4,000 in 1961 to
b
M976, and $2,000 in 1977.
;
350,000 water bonds. Due Feb.
as

to

28
;

'1
-

!

•»

follows:

$7,000 in 1948
$8,000 in' 1950 to
1953, $9,C00 in 1954 to 1957,
$10,000 in 1958 to I960, $11',as

and

000

in

1949,

in

1964

1966
and

to

1961

to

1963,

$12,000

and

1965, $13,000 in
1968, $14,000 in 1969

1970, $15,000 in 1971 and

1972, $16,000 in 1973 and 1974,
$17,000 in 1975 and 1976 and

1956

250,000 Fire Department.
2,500,000 Street Improvement.
700,000 Park.

rates

of

to

Sept.

1, 1947.
Denom.
$l,000i The approving opinion of
Andrew H. Thalheim, of Gretna,
and L. H.

Gosserand, of New Or¬

incl.

1977

expressed

be

to

interest

one-tenth
approved
Niles, Barton, Morrow & Yost

multiples of Vs or
1%.
Legality to be

in
of

50,000 City Hall. -.
2,400,000 Airport.

by

of Baltimore.

1,200,000 Water Works.
Dated July 1,

MASSACHUSETTS

Denomina¬

1947.

The combined matu¬

1, of each year, are as
follows: $395,000 in 1948, $405,000
in 1949,
in

$410,000 in 1950, $420,000

1951, $425,000 in 1952, $435,000
$445,000 in 1954, $455,000

in 1953,
in

1955, $465,000 in 1956, $470,000

$485,000 in 1958, $490,000
in 1959, $500,000 in 1960, $510,000
1961, 520,000 in 1962, $535,000
in 1963, $545,000 in 1964, $550,000
1965,

$565,000

in

1966,

and

$575,000 in 1967.
Each bid must
offer to buy all of the bonds listed
above and shall specify as to each

maturity of the combined issues
the rate of interest such maturity
is

to

in

be

bear.

Interest

rates

are

to

multiples of y4 of 1%, and
be

Bristol

County

Taunton)

(P. O.

Mass.

Salc^ — The $250,000 tem¬
loan notes offered for sale
on
May 27, were awarded to the
National Shawmut Bank, of Bos¬
Note

porary

ton, at a discount of 0.60%. Dated
May 28, 1947.
Denoms. $25,000,

and $5,000.

$10,000

Nov.

due

are

*

These notes
The next

1947.

14,

highest bidder was the First Na¬
tional Bank, of Attleboro, at a
rate of 0.625%.

Brockton, Mass.
Sale—The City Treasurer

Note

that

states
loan
on

the

notes

$500,000
temporary
offered for sale

were

May 21 and were awarded
Merchants National Bank,,

May' 22,11947.

The rates must be so ar¬
that
the
highest total
principal and interest
due in any one year does not ex¬
ceed the lowest total amount of

Shawmut Bank,

principal and interest due in any
one year by more than 3% of the
total
principal
amount of the
bonds.
The best bid for the bonds
will be determined on the basis
of the resulting lowest
interest
cost to the City, without the con¬
sideration of premium, except that

coupon

to
of

Boston, at 0.649%,

specified. Not niore than one rate
may be specified for any one ma¬
turity and each installment of in¬

discount. Dated
Due on Nov. 13,
Payable at the
National
Shawmut Bank, of Boston. Second
terest due on each bond must be
best bid was an offer of 0.65%
represented by a single interest discount, made by the National
coupon.

1947.

ranged

amount

Boston.
Mass.

Gloucester,

of

City
1947

stated by the

is

Sale—It

Bond

that the $60,000
Veterans' Housing Loan of

Treasurer
bonds

offered

for

sale

on

awarded to Estabrook & Co., of Boston, as Is, at a
price of 100.294, a basis of about
0.895%.
Dated April 1, 1947. Due
$12,000 on April 1, in 1948 to 1952,
incl.
Interest payable A-O.
Sec¬
premiums will be taken into con¬ ond best bid was an offer of
sideration to determine which of 100.285 for Is, submitted by the
two identical bids is the better. National Rockland Bank, Boston.
and ac¬
be considered.
These are the bonds authorized
at the election held on May 20. A
certified transcript and the ap¬
No

May

19,

bid for less than par

proving

opinion of

Chapman

&

Chicago, will be fur¬
nished the successful bidder with¬
out cost to him.
Complete finan¬
cial information with respect to
Cutler,

of

City, the maturities of the in¬
dividual issues, and any other in¬
formation1 'desired by prospective
the

obtained upon ap¬
plication to the above City Secre¬
tary.
Enclose a certified check
for 2% of the amount of bonds
covered by each bid.

Berlin, Md.

$120,000

Sale—The

Bond

pon ' sewer

cou¬

of

1947

construction

bonds offered for sale on

May 19

165, p. 2720—were ^warded
Halsey, Stuart & Co., as iy4s, 'at

—v.

to

price of 100.122, a basis 5f about
1.235%. Dated June 1, 1947.
Due

a

$6,000 from June 1, 1948 to 1967$
incl. Interest payable J-p. Rynner-up in the bidding was. Lyons

offering 101.819 for 1 y2s;

& Shafto,
f

bidders may be

MARYLAND

were

Marblehead, Mass.

crued interest will

$18,000 in 1977.
Dated

$6,000 from
and $7,000
Rate or

from 1950 to 1955 incl.,

not more than three rates mat

1982 incl.

to

on

from

in

fire

bids

June 12 for
the purchase of $200,000 not to
exceed 5% interest Series I cou¬
pon
refunding
bonds of 1947.
until 4 p.m.

350,000 Public Building.

25,000 fire department equipment
bonds. Denom. $500.
Due on

bonds. Denom. $1,000. Due on

Main,

I.

Chairman, will receive sealed

000.

in

100,000

offi¬

payable to, above-mentioned

250,000 Traffic Control System.

Denom. $1,000. Due on July 1
from 1948 to 1982 inclusive.

July 1 from 1948 to 1982 incl.

in

expressed

be

Dated June

purchase of $9,600,000 not to
as

to

multiples of Vs or one-tenth of
1 %.
Principal and interest (J-D>

Tanner,

exceed 4% interest coupon

divided

each $1,000 bond. In¬

for
rates

terest

(P. O. Silver Spring), Md.

T.

City Secretary, will receive sealed
bids until

any

on

Barton, Morrow & Yost of Balti¬
more. A certified check for $2,000,

Orleans, La.

Call—Various

Bond

in 1957,

i

ceive

,

ing July

follows:

net

Indiana

*

$250,000 drain¬
age system bonds offered May 27
were awarded to White, Hattier &

tion $1,000.

sealed
bids until 7:30 p.m. on June 24 for
the purchase of $250,000 not to
exceed 4% interest bonds, divided

mined

•

24

receive

will

Clerk,

issue,

Washington Township School

bridge

Nos.

bonds,

Bond Offering—I. B.

City

$60,000 on July 1, 1947,
Jan. and July 1, in 1948

1955, and $60,000 on Jan. 1, and

to

and

Road

—

(P. O.
La.

p.m.'

rities of the then 10 issues matur¬

1947. Due
and

Call

refunding

$105,000

price of 100.83, a basis

a

Smith-

Crowley, La.

a

V4s, at

O.

County (P.
land), Ky.

LOUISIANA

Co., both of Chicago, and Kenneth
S.
Johnson, of Indianapolis, as
1

Trust

25, dated Jan. 1, 1944, have
been called for payment on July
1, 1947, at the Central Hanover
Bank & Trust Co., New York City.

The

p.

&

Bank

and

as

2719—were awarded
syndicate composed of C. F.
Childs & Co., Mullaney, Ross &
165,

—v.

ler, of Chicago, will be furnished
by the District. A certified check
urer

~

$1,152,000
Tuberculosis
Hospital
of
1947
bonds offered for sale on May 26
Sale

Bond

approv-

$25,000, payable to the Treas¬

■

Joseph County (P. O.
Bend), Ind.

\ hag opinion of Chapman & Cut¬

for

Hughes & Co.,

were

of

St.

Offering—W. A. Neptun,

—

$150,000

2V2s. Interest payable J-D.
Peoria School District No.

Information

that Raffensperger,

National

Co., of Chicago.

4y2%

In
with the sale of the

connection

Illinois

for the
exceed
5% interest coupon watqr system
improvement bonds of 1947. Dated
June 1, 1947: Denom. $1,000. Due
serially on Dec. 1 from 1947- to

Bond Sale—The

Local

State

Parish

bids until

(EST) on June 9
purchase of $135,000 not to
8

for, is required.

Thihodaux),

Notice—W. L.

Finance
Officer, has announced that the
5%
road and
bridge refunding
bonds Nos. 47 to 50, dated Jan. 1,
1940, are being called for redemp¬
tion on July 1, on which date in¬
terest ceases, at the Continental

Bond

Ind.

Haven,

Additional

Homewood), III.

O.

(P.

Sch. Dist. No.

Bond Redemption

Knuckles,.

City.

000, payable to the
New

Cook County

bonus to veterans of the

a

shall

bidder

cessful

Bonds Publicly
sue

LaFourche

after, at the option of

15, 1947 and mature $80,000

June

on

any

offered

A certi¬

receive sealed

will

cil

fied check for 2% ox the par value

after, may be redeemed, in whole
or
in part, on July 1, 1948. or on

19471

Monday, June 2,

THE COMMERCIAL & FINANCIAL CHRONICLE

(2972)

:

•

•.

Massachusetts
Bond

'

•

it

•*•!i!.

(State of)

Offering—Laurence

Qur-

Receiver-Gen¬
eral, will receive sealed bids until
noon
(DST) on June 10 for the
purchase of $26,000,000 bonds, di¬
tis, Treasurer and

vided

as

follows:

Christo¬ $25,000,00ft coupon veterans' sefv-»
ices fund bonds.
Due May 15,
pher, Secretary and Treasurer, an¬
T' as follows: $3,600,000 from 195Q
nounces that the Mayor and Coun¬
Bond

Offering—A. P.

-

[Volume 165
to

-

1955

THE COMMERCIAL & FINANCIAL
CHRONICLE

Number 4599
incl.;

(2973)

1,000,000 fully registered Metro¬
politan Sewerage-South Systern bonds.
Due $50,000 on
Sept. 1 from 1947 to 1966 incl.

Separate bids must be made on
each issue, with the rate of inter¬
est to be expressed in a multiple
of V4 of 1%.
A certified check for
2% of the amount bid, payable to
order of the above-mentioned of¬

ficial, is required.
Note

000

Sale—The

notes

awarded

Bank

to

of

of

issue

offered

the

$500,-

28

May

was

National

First

rate of
0.59%. Due June 10, 1948. Other
bids included the following: Mer¬
chants National Bank, of Boston,
0.60%, plus $12.50 premium; Sec¬
ond
National
Bank
oL Boston,
0.62%, plus $1.25; National Shawmut Bank, of Boston, 0.63%, plus
$20.

Boston,

at

a

Offering

Colby,

City

ceive

Clarence

—-

Treasurer,

sealed

bids

Meridian),

O.

(P.

Offering
bids until

sealed

3

for

10

Dated June 2,

school bonds.

Denom. $1,000. Due
2

from

$20,000

of

purchase

the

$1,000 on June
incl.
Board

1967

to

1948

1947.

ing of the bonds and validation by
State Bond Attorney, but will not
the cost of private bond coun¬
Bonds will be de¬

pay

sel's opinion.

livered
A

at

bank in Meridian.
for 2% of the

any

certified

be

received

until

1:30

will

p.m.

on

June

2, by T. H. Barnes, Chan¬
Clerk, for the purchase of
$5,000 school bonds.
A $100 cer¬
tified check, payable to the Board

will

until

1

C.
re¬

p.m.

on June 3 for the purchase
$300,000 sewer coupon bonds,
pated June 1, 1947. Denom. $1,000.
These bonds are due $15,000 June
1, 1948 to 1967. Principal and in¬
terest payable at the First Na¬

of

Supervisors,

must

accompany

the bid.

(DST)

tional Bank of Boston.

opinion

of

Ropes,

bonds

offered

May 28 were
syndicate composed
of J. P. Morgan & Co., Inc., Bear,
Stearns & Co., and Coffin & Burr,
all of New York, as l%s, at a
price of 100.696, a basis of about
1.09%.

to a.

Sale consisted of:

April 1 from 1948 to 1957

on

incl.
450.000

macadam ' pavement
Due $90,000 on April

bonds.

:

1 from 1948 to 1952 incl.

j

All of the bonds are dated April
1, 1947.
Principal and interest
(A-O) payable at the Second Na¬

tional

Bank

of

Boston.

Legality
approved by Storey, Thorndike,
Palmer & Dodge of Boston. Other
bids, also for l%s,,' included, the
following:' Second National Bank
of Bpston, 100.657; Merchants Na¬
tional

Bank

of

Boston, 100.63;
First Boston Corp., F. S. Moseley
& Co., W. E. Hutton & Co., and
Townsend, Dabney & Tyson, joint¬
ly, 100.629; Halsey, Stuart & Co.,
Paine, Webber, Jackson & Curtis,
Laidlaw & Co., Whiting, Weeks &
Stubbs, and Robert Hawkins &
Co., jointly, 100.619.

Certificate

sale

of

Sale

—

will

receive

a.m.

on

of

June

1,

o.

y.

,

Village

offered

for

purchased

were

the Village Clerk that the $90,000

main

improvement

No.

8,

certificates of indebtedness which
{Were Offered for sale

on

May 21,

-we're atvdfded to the Allison-Wil¬

liams

Co./

of

the

Offering—H.

public

auction

June

on

jointly,
100.555,'

6%

Denom.

semi-ann.

$500.

town

Minneapolis,

1.80s,

as

of

at

and

from

June

1,

price

about

kated^dheT, 1947/

1962,

incl.

Interest payable J-D.
Northfield

Minn.

Bond,Offering—Sealed bids will
be received by the Superintendent
of

Schools .Until Junes 12; for- the

purchase
bonds
an

of

which

election

on

$298,000
were

building

authorized

May 20.




at

will

Clerk, will
bids until 8 p.m.

re¬

1947.

Dated

June

second

board.

choice

In either

of

the

21,

on

in

school

1 %

21, 1952. In¬

al

2s, at

of
Second

par.

be

tions

Andrew Har¬

to the

exceed

6%

..

r

the

net

less

interest

than

par

cost.

No

receive

a.m.

on

of

sealed

June

$10,000

2

bids

for

school

,

,

the

until

for

bonds, including printing,
registration and legal opinion.
A
check

of interest.

A certified check for

Cascade
No.
Bond

will

be

Sealed

—

received

by

bids

District

the

Clerk until 8 p.m. on Jun.e 23 for
the purchase of $46,400 not to ex¬
ceed

6%

bonds.

interest

Dated

construction

July 1, 1947. Amor¬

bonds

will

be

the

first

choice and serial bonds the second

choice

of

the

school

board.

In

either event, the bonds will be re¬
deemable in full on any interest

$11,000

must

•\

Bond

Offering

—

Sealed bids
11

a.m.

on

June

4, by T. L. Taylor, City
Clerk, for the purchase of $1,000,000 sewer improvement bonds.
M-N.

3%,
$1,000.

Denom.

May 1, 1947. Due on May 1,
as
follows: $64,000 in 1949 and
$52,000 in 1950 to 1967. Principal
payable at the office

of the

County Treasurer, Washoe
County. No bonds shall be sold at

less than par and accrued
interest,
and the City Council reserves the

right to reject
Bidders
bid

a

rate

any

specifying:
interest

of

above

and

requested

are

(a)

and

all

to

of

the

Clerk, is required.
"

'

■

■

1

$2,500,
District

'

"

\

•

•

.

-

<

••

'• I

?•» '

Bond

Offering

—

,

1

i >

,,,

Sealed)bids

will be received until 7.30
p.m. on

June

6, by Claude Bolick, Town
Clerk, for the purchase of $50,000

water

bonds.

revenue

or,

cost

1980

Due June

demption 15
or

are

years

subject to

re¬

after their date

interest payment date
thereafter. No bids for less than
on

any

from

by

Clerk,

,

Pr
will
,

a

(J-D)

single

rate

payable

National
for

Bidder to

of

interest,

the

at

Bank.

A

Boonton

certified

of? Education,

Legality
York

Pennsauken

Township

and Merchantville (P. O. Merchantville),
New Jersey
Bond Offering—Robert V. Pea-

body,

Township
'Clerk,
and
Charles S. Ball, Borough Clerk,,
that

announce

will

'

'MEW

1948

Delaware

be

Bond

Offering—Mrs.

received

on

or

000.

Margaret

registered bonds, not ex¬
2.90%
interest.
Dated
1947. Denomination $1,bonds

are

due

Dec.

15

Lorn.

datsd June

are

Second high bid of 100:-

for

1.20s

made

was

Elmsford, N.
Bond

Offering

on

Y,

** M-

Edward

P.

Eaton, Village Treasurer, will
ceive

ing

sealed

bids

June

on

of

until

5

re¬

4

p.m.

the

for

pur¬

$20,000 memorial build¬

or
registered bonds,
exceeding
P/2%
interest.
Dated April 15, 1947.
Denomina¬
tion $1,000. These bonds are due
$1,000 April 15, 1948 to 1967. Bid¬

coupon

not

ders to name a single rate of in¬
terest for all of the bonds in a
multiple of y* or one-tent.vof 1%.
Principal, and interest .payable at
the First National BanS of E.msford.

The bonds will be valid and

tions

of

binding
general obliga¬
the Village.
The bonds
delivered

at

the

New

such other place
as
may be agreed with the
pur¬
chaser about June 19.
The
ap¬
proving opinion of Vandewater,
Sykes & Heckler, of New York
or at

City, will be furnished the purrchaser, without cost. A certified
check for
$400, payable to the
Village, is required.
Hartland

name

a

sin¬

Y.
C.

—

Warren

Silsby, Town Supervisor, will
sealed

bids until

2

p.m.

re¬
on

June 5 for the purchase of $20,000
road

improvement

registered

bonds, not exceeding 5% interest.
Dated June

1, 1947. Denom. $1,000.
are due $40,000 April

These bonds

1948 to 1952. Principal and in¬

1,

terest payable at
Bidder to

July 1 from 1948 to 1987,

R. F. D. No. 1,

Offering

p.m.

7

(P. O.

Gasport), N.

t

Bond

until

Bidder to

—

fiscal

the office of the

officer

name

of

the

Town.

the rate of inter¬

in

est

multiples of l/\ pr.1/10 of
approving • opinion of
Chester.S. Grove, of Lockport, the
Town Attorney, as to the validity
1%.

of

The

the

without

bonds

'will

charge

be

furnished

to the

successful

bidder/ A certified check for $400,

payable to the Town; is Required.

of

O.

June 9 for the purchase

These

improvement

on

gle'rate of interest,'expressed in
multiple of % or one-twentieth

Of $775,000. general refunding: cou¬

ceeding
April 1,

on

Hempstead and North Hempstead,
New Hyde Park Fire District
(P. O. New Hyde Park), N. Y.

a

Weruiuthr Township Clerk, ,will
^eceivp, sealedi,bids, .until' 8i !p.m>

pon

000

inclusive.

i

E.

(DST)

Due

1961, in¬

1961, inclusive.

All of the bonds

15, 1947.

chief

or
registered
bohds;' Dated July 1, 1947.
$1,000.
Due $5,-

water

check

Township (P.
Erlton), N. J.

Due

to

bids

(DST)'on June!9 for the purchase
'
$200,000 not to ekceed '%%%

':

JERSEY

bonds.

general

bonds.

sealed

interest1'' eoupon

of the amount of the bid,

;

school

3,110,000

ceive

City.

Denomiriatiori

:

1956,

clusive.

is required.

by Hawkins,
&'Longfellow of New

bonds.,i Enclose

'M

Diie

1948 to

Dec. 15 from 1948 to

approved

Delafield

furnished without

■ >

Dec.

on

1961, inclu¬

check

$3,120, payable to order of the

Board

The lowest

payable to the City.,

Due

to

inclusive.

423,000

City,

of

for 5%

1948

Dec. 15 from

on

be

premium, if

certified

1957,

108,000 playground bonds.

York

registered school bonds.

expressed in a multiple of % or
1/10 of 1%. Principal and interest

the

a >

to

J'

will

•

be

William

;T—

District

approving t legal opinion
Chapman & Cutler, of Chicago,
and the
City will furnish: the

Interest

6, as
$1,0Q0 in ,1948,tp T955,
$1,500 in 1956 to 1971, and' $2,000
in |972 to
1980/ Bonds-maturing
in 1964 to

15

sive.

legally

name

will

5%, payable

follows:

Offering

from 1960 to 1969 incl.

par,
at which pur¬
purchase said bonds;
(b) The lowest rate of interest

any,

chaser

J-D. Dated June 6, 1947. Denoms.

$1,000 and $500.

offer

Dated June 1, 1947. Denom. $1,000.
Due
June
1, as follows: $6,000
from 1949 to 1959 incl., and $9,000

of

Columbia Falls, Monti

.,

an

bids.

submit

J-J.

order

1.40s,

/ : (P. O. Parsippany), N. J.

coupon or

Interest rate is not to exceed

bidder will

to

114,000 park bonds.

$156,000 not to exceed 4% interest

Reno, Nev.
will be received until

1948

general improvement
bonds. Due on June 15 from
1948 to 1957, inclusive.

receive sealed bids until 8 p.m. on
June
11
for
the
purchase
of

at which the bidder will purchase
said bonds at par... The successful

A certified check for

for

Parsippany-Troy Hills Township
Bond

payment date from and after ten
years from date of issue; Interest

payable

was

tendered

100.24

the Haddonfield National Bank.

NEVADA

and interest

(P. O. Belt), Mont.

Offering

J-D. Second best bid

Stephenson,

payable

County School District

29

Sons, both of Philadel¬
1.40s, at a price of 100.31,
of about 1.365%.
Dated

of

the bid.

11

the rate

name

for

from

705,000

on

the

certified

Dated

as

basis

a

.

1, 1947, Denom. $1,000. Due
$1,000 annually from, 1948 to 1957
Bidder to

15

registered improvement bonds

June 1, 1947. Due on June 1, 1955
to
1958, incl. Interest
payable

will be considered

Bidder to pay all
incident to the issuance

.r*

June

inclusive.

June

inclusive.

by a
syndicate headed by Halsey, Stu¬
art & Co., Inc., New York.

May 21—v. 165,
p. 2593—were awarded jointly to
C. C. Collings & Co., and E. H.

Oct. 1, 1947.

of

purchase

bonds.

improvement
supply bonds. Due on

2799

offered for sale

purchaser must agree to ac¬
cept delivery and pay for bonds
expenses

general

Bond Sale—The $75,000 coupon
or

and

bid

improvement

water

(DST)

Bond Offering—M. M. Bennett,
Clerk of the Board of Supervisors,
will

355,000

chase

rate

coupon

general

water supply bonds.
Due on
June 15 from 1948 to 1957, in¬
clusive.

a

Haddonfield, N. J.

interest

the

p.

syndi¬

a

York, and Detmer & Co,,
as 1.20s, at a p.ice of
a basis of about 1.142%.

$425,000

Rollins &

also

accompany
«.

Enclose

$6,840, payable

to

Sale consisted of:

phia,

purchaser

Miss.

Borough.

May 27—v. 165,'

awarded

Chicago,

100.341;

issue,

Vaiden), Carroll County,
!.•

of

number of dollars offered for the

..Jfaiden Consolidated Sch. Dist.
v

the

Borough.

Secretary of Board of Edu¬
cation, will receive sealed and

on

P. O.

of

vey,

to

of New

legally binding obliga¬

certified check for

The

Webber,

ex¬

bonds.

shall pay for approving opinion if
such is required.

.

the opinion of
Delafield & Wood, of
York, that the bonds are

—

Jackson & Curtis, C. F.
Childs/&
Co., First of Michigan Corp., Rey¬
nolds & Co.,
Campbell, Pnelps &
Co., William E. Pollock & Co., all

furnished with

valid and

Freemcnt School District, Neb.
—

No proposal

e

Phelps, Fcnn &
Co., R. W. Pressprich & Co.,
Kean,
Taylor
&
Co.,
Paine,

for all

Hawkins,

NEBRASKA

validated,

the

Bank, Edgewater.

1

a

composed of

1/20 of

or

same

S

offered

zbtv—were
cate

to

multiple of %

and must be the

New

Offering

in

bonds, which shall be not less
than $342,000 nor more than $343,000.
The successful bidder will

Bank,

best bidder was J. M. Dain &
Co.,
offering 100.833 for 2J/4% bonds.

Bond

$10,000
interest

of

rate stated in any legally accept¬
able proposal. Each proposal must
state
the
amount
bid
for
the

Bond Sale—It is stated by the
City Clerk that the $60,000 water
softening plant bonds offered for
sale on May 19, were awarded to

as

a

and

Rate

will be considered which specifies
a
rate of higher than the lowest

Plentywood, Mont.

Plentywood,

1954,

1983.

Principal and interest
payable at the Edgewater Nation¬

trict Clerk, is required.

State

F.

the bonds.

A certified check for

Security

p.m.

Clerk, for the
$342,000 coupon or

of

to

to

be in

$500, payable to order of the Dis¬

the

1952

1955

in¬

any

8

Peter

June 1, 1947. Due June 1, as fol¬
lows: $7,000 in 1948 to
1951, $8,000

event, the bonds

will be callable in full

by

4,

Interest rate is not to exceed 4%,
playable J-D. Denom. $1,000. Dated

first

the

until

June

registered land acquisition bonds.

Amortization bonds will be
choice and serial bonds

the

received
on

purchase

on

for the purchase of
$10,
not
to
exceed
6%- interest

bonds.

J.
Sealed bids

—

O'Brien, Borough

21

building

be

(DST)

K.

Offering

Bond

bonds

v.

V'
$5,24?,otio

Buffalo, N. Y.

2

Dated April 1, 1947.

rate is not to exceed

School District,

Bond

23

and

of

1.72%.

Diie $6,000

1948 to

000

E.

District

ceive sealed

Due $500 in 1948 to 1962, incl. The
town shall pay for the printing
of the bonds and for having same

while

and

ing 100.088 for 1% bonds.

building
bonds. Dated Oct. 1, 1947. Denom,
$1,000.
All bids must state the

at

issue of $7,500 not to

p.m., an

& Co., of Minneapolis,

a%'asis

3,

City, that the bonds
binding obligations
Township, will be fur¬

valid
the

Township, is

auction bids until 6 p.m. on June
16 for the purchase of $550,000 not-

G.

Franks,
Clerk, will offer for sale at

ceed

Badgley,

Mrs.

—

of

York

Edgewater, N.

Offering

100.10,, a basis of about 0.71%y
Dated June 1, 1947. Due on
June
1, in 1948 to 1952. Interest
pay¬
able J-D.
Runner-up in the bidcling was R. D. White &
Co., offer¬

of

required.

payable

(P. O. Route 1, Missoula), Mont.

Dated

Saltillo, Mtss.
Bond

Town

Interest

53

of

approving opinion
Delafield & Wood,

The

or

nished. A certified check for
$15,500 payable to the

offer

County Sch. Dist. No.

11

1947. Denom. $1,000. Due
June 1 from 1948 to 1952

in

of

District
an

to

be

are

2%s, made by the State

Board.

Missoula

purchase

bonds.

.

Da jib

until

on

tization

11 Certificate Sale—It is stated by

Water

for

school

..

Mound, Minn.

,

2

bids

MONTANA

by the First State Bank, of Hayward, the only bidder, as 3s and
S1/2S»

sealed

June

$5,000

$1,000

the
was

Dated

The

indebtedness

May 20,'

on

were

Special Consolidated
Sch. Dist. (P. O. Raleigh),
Smilh County, Miss.
Bond
Offering — J. H. Moss,
Clerk of the Board of Supervisors,

Clerk states that the $19,500 Water
Main Improvement No. 1, certifi¬
cates

submitted

too high.

Hayward, Minn.
'•

bids

$200 must accompany the bid.

MINNESOTA

Land

to

best

interest

one-tenth

J-D.

Line

Transmission

incl.

$750,000
school
and
municipal
J.'
building remodeling or reconij
struction bonds.
Due $75,000
j

Gas

Pineville

Sale—The $1,200,000 cou¬

awarded

Natural

bonds has been postponed, because

Somerville, Mass.
pon

Louise Miller, Deputy City
Clerk, that the sale of the $450,000

construction

Coolidge & Rugg, of Boston, will

Bond

by

legal

be furnished.

according
Second

terest J-D.

Oxford, Miss.
Bond Sale Deferred—It is stated

Best,

The

Gray,

100.30,
Clerk.

of par for

of

of

1%.

Piper, Jaffray & Hopwood, of
Minneapolis, as 2V2s, at a price of

terest date after June

of

Rate

to

June

Bond Offering—Sealed bids

1963.

multiples

Hawkins,

Bond

Miss.

9

New

issue is required.

County, Sandy Hook Cons.
Sch. Dist. (P. O. Columbia),

in 1952, $45,000 in 1953
1954, $50,000 in 1955 to 1957,
$55,000 in 1958 and 1959, $60,000
in
1960 to
1962, and $65,000 in

ing bonds offered for sale on May
19—v. 165, p. 2465—were awarded

check

Marion

$40,000

and

(P. O. Browning), Mont.
Sale—The $50,000 build¬

for print¬

of Supervisors will pay

County Sch. Dist. No.

follows: $35,000 in 1948 to
1951,

as

Bond

June

on

a.m.

date

are

Glacier

Chancery Clerk, will receive

eron,

to

10, 1946.

Miss.
Howard Cam¬

—

interest

delivery

These

Lauderdale County,

cery

Newton, Mass.
Bond

District

Bond

accrued

will be
considered.
the bonds authorized at
the election held on Dec.

Consolidated School

Creek

Long

and

par

of

; 1956.

f

MISSISSIPPI

in

$3,400,000

.

Oct. 1,

1%. Legality to be
Hawkins, Delafield
York City.

by

approved
& Wood,

of New
'

Bond

-

NEVV

YORK

Offering

—

Alfonso

P.

Rubano,1-; District /Treasurer, will
receive sealed bids until 2:30'p.m.
j
[Balstpn Spa, N.Y.... b. >
'/Bond Sale-^The- $42,750 Obupon (DST) on June 3 for the purchase
of $115,000 not to exceed 5% in¬
sewage bonds offered for sale on
terest coupon or registered fire
May 22 — v. 165, p. 2720 — were
awarded to the Ballston Spa Na¬ house bonds, divided as follows:
tional Bank, as 0.75s, at a price of $40,000 series A bonds. Due $2,000
■;

[)

i

:

'J

11

i1

r.W>

'A-

A- IJ»

54

June

on

FINANCIAL CHRONICLE

THE COMMERCIAL &

(2974)
1

from; 1948 to 1967

South William Street, New

York

New

Monday* June 2, 1947

,

Gallipolis,

England, N. Dak.

Ohio

by Alvin E. Norris, Village Clerk,

Offering
E. L. McCor- for. the purchase of $100,000 3 %
1947.
Bond Offering—A. O. Lona, City
De¬
mick, City Auditor, will receive Coupon storm sewer bonds,
75,0uu series B bonds. Due June The approving opinion of Haw¬ Auditor, will receive sealed bids
sealed bids until noon on June 13 nom. $1,000. Dated March 1, 1947.
1, as follows: $3,000 from 1948 kins, Delafield & Wood, of New until June 2 for the purchase of
for the purchase of $17,160 coupon Due Dec. 1, as follows: $5,000 in
to 1952 inclusive and $4,000 York City, will be furnished the
$54,800 light light plant revenue street improvement bonds. To be 1948 to
1951, and $4,000 in 1952 to
from 1953 to 1967 inclusive.
purchaser. A certified check, for bonds. Dated Oct. 1, 1947. Denom¬
Rate of interest to be in a
dated not later than July 1, 1947. 1971.
2% of the amount of the bonds ination
All of the bonds are dated June
$400.
One bond for $630, others $570 multiples of Va of 1%.
The bonds
bid for, payable to the City, is
1, 1947. Denom. $1,000. Bidder to
each.
Due Sept.
1, as follows: are payable from an unlimited ad
required.
Surtey School District No. 41,
name a single rate of interest, ex¬

City, on or about June 24,

inclusive.

pressed in a multiple of Va or 1/10
of
1%.
Principal
and interest

(J-D) payable at the Bank of New
Hyde Park. A certified check for
$2,300, payable to order of the
district, is required. Legality ap¬
proved by Vandewater, Sykes &
Heckler of New York City.
Housing Authority

New York City

(P. O. New York, N. Y.), N. Y.
Notes
Offered — Sealed
bids

May

received until noon on

were

29, by Maxwell H. Tretter, Exec¬
utive Director, for the purchase
of

$600,000 Housing Office Build¬
ing Notes (Issue I). Dated June 1,
1947, Due on Dec. 1, 1947.
York

New

Bond

Yancey -

Caswell County (P. O.

ville), N. C.

$21,000 coupon
school building bonds offered for
sale on May 20—v. 165, p. 2721—
were awarded to R. S. Dickson &
Bond Sale—The

Offering

A. L. Kelly.

—

Lee

J.

by

Peeler

Co., and R. S. Hays & Co.,
Franklin

(State of)

jointly.

County (P. O. Louisburg), N. C.

purchase of $24,000 not to
exceed 4% interest school bonds.
Dated June 1,

1947. Denomination
$1,000. Due serially from 1949 to
1966 inclusive. Any or all bonds
redeemable prior to maturity as

1947.

Bond

Auditor,

H.

Grenei-

Lakemore, Ohio

receive

Bonds Sold--It is stated
by the
Village Clerk that $8,000 fire ap¬

sealed bids until noon on June 12

were purchased by
Co., of Cincinnati, the
only bidders, at the offering on
May 5, taking the bonds as 3s, at
a price of 100.187.

Widmann &

New

bonds

offered

awarded to

for

sale

a

North

on

165, p. 2846 — were
syndicate composed

v.

—

of the Marine Trust

Carolina
—

proving

W. E. Easter-

Co., of Buf¬
falo, R. D. White & Co., Hornblower & Weeks, Lobdell & Co.,
and Vostal, Hall & Co., all of New purchase of $20,000 not to exceed
York, as 1.90s, at,a price of 100.- 6%
interest
coupon
building
512, a basis of about 1,86%. Dated bonds. Dated June 1, 1947. De¬
June 1, 1947. Due on June 1, in nomination $1,000. Due Dec. 1, as
1948

to

J-D.

1975.

Interest

Second, best

bonds

was

bid

offer of

an

1.90s. tendered

payable
for

the

100.44

for

by C. J. Devine &

Co., and associates.

Saratoga Springs City Sch. Dist.,
New

York

Bond

Offering — Claude
Van
Wie, District Clerk, will receive

follows:

$1,000 in 1949 and 1950
and $2,000 from 1951 to 1959 incl.
Principal and interest (J-D) pay¬
able in New York City. Rate or
rates of interest to be expressed
multiple ofVa of 1%. A cer¬
check for $400, payable to
order of the State Treasurer, is
in

a

tified

required. Legal opinion of Mit¬
chell & Pershing, of New York
(DST) on
June 3 for the purchase of $88,000 City, will be furnished the suc¬
sealed bids until

noon

not

to

exceed

pon

or

registered bonds, divided

as

5%

interest

cou¬

cessful bidder.
Rowan

follows:

$50,000

West

bonds.

Side

Due $5,000 in June 15

County (P. O. Salisbury),
North Carolina

Bond Offering

playground

from 1948 to

—

W. E. Easter-

ling, Secretary of Local Govern¬

will receive
1957, inclusive.
-38,000 building alteration bonds. sealed bids at his office in Raleigh,
Due June 15, as follows: $3,- until 11 a.m. (EST) on June 3 lor
000 in 1948 and 1949, and $4,- the purchase of $58,000 not to ex¬
000 from 1950 to 1957, inclu¬ ceed 6% interest coupon school
Commission,

ment

sive.

Dated

June

1, 1947. De¬
All of the bonds are dated June nomination $1,000. Due June 1, as
follows: $2,000 from 1950 to 1954
15,
1947.
Denomination
$1,000.
Bidder to name one rate of inter¬ inclusive. $3,000 in 1955", and $5,-

est, expressed in

a

of

one-tenth

or

multiple of Va
1%.

Principal
interest (J-D) payable at the
Adirondack Trust Co., Saratoga
Springs. A certified check for $1,760, payable to order of the dis¬
trict, is required.
Legality ap¬
proved by Vandewater, Sykes &
Heckler, of New York City,

and

Yonkers, N. Y.

cessful bidder.

Bond Onering—T. V. Kennedy,

City

Comptroller,

sealed bids until
for

on

receive

Rutherford County

(P. O. Rutherfordton), N. C.

June 10

coupon

Bond Sale—The

the

ing

Will

noon

purchase of the follow¬
or registered bonds,
not exceeding 4% interest:

$585,000

street

improvement

bonds.

Due June 1, as fol$70,000 in
1948 and
1949,-475,000 in
1950
and
1951, $70,000 in 1952, $50,000

lows:

in

1953

in

1957.

to

1956, and $25,000

following

cou¬

refunding bonds aggregating
$77,000, offered for sale on May
20—v. 165, p. 2721—were awarded

pon

to R.

S. Dickson &

lotte,

as

a

2^4 s, at

a

Co., of Char¬
price of 100.007,

basis of about 2.245% :

to 1958.

principal and interest

fice, or at the option of the hold¬
er, at the First National Bank of
livered

The
at

bonds

the

will

be

de¬

Signature Co., 25




NORTH DAKOTA

pay**

able at the City Comptroller's -of-i

Boston.

Rate of interest to be in
multiples
of Va of 1 %.
Principal and inter¬
est payable at the Citizens Na¬
tional Bank, New

Philadelphia.
approving opinion of Squire,
Sanders & Dempsey, of Cleveland

The

Foster,

will

be

furnished.

A

certified
of the Board-of*
check for $1,000,
payable to the
Education will receive sealed bids
City Treasurer, is required.
until noon on June 6 for the pur¬

Clerk Treasurer,

chase

of

$520,000

school .coupon

Ohio (State of)
1947. De-,
House Approves Soldier Bonds
nomination $1,000. These bonds Bill —A
soldier bonus
measure
are due $13,000 June and Dec. 1,
was passed
May 21 by the Ohio
1948 to 1967. Bidders may bid for
House
of Representatives
after
a different rate of interest in a
being amended to provide for an
multiple of Va of 1%. A certified extra
ceht-a-pack State cigarette
check for 1% of the amount of the tax
to help pay the estimated
bonds, payable to the District, is $300,000,000 cost of the bonus
pro¬
required.
gram.
bonds.

Dated

Etna Local

June

,

School District, Ohio

Offering

Bond

1,

George

—

;
,

Sponsors of the cigarette tax in¬
proposal said it would

crease.

A.¬

make

a

real

estate

tax

unneces¬

Mayer, Clerk of the Board of Ed¬ sary, in
financing the program/
ucation, will receive sealed bids '
The bonus
measure
was
re¬
until 7 p.m. on June 9 for the
turned to the State Senate for
purchase of $8,000 6% unlimited concurrence in the
cigarette tax
,

tax

motor

vehicle

Dated

bonds.

June

Due Nov.

June 2,

noon on

by Donald E. Robinson, Clerk of
the Board of Education, for the
purchase of $129,500 2% building
bonds.
Denom. $1,000, one for
$500.
Dated Jan. 15, 1947.
Due
as follows:
$3,000 March and $3,J
500 Sept. 1, 1948, $3,000 March
and Sept. 1, 1949,. $3,000 March
and $4,000 Sept.
1, 1950, $3,000

and

another

amendment

to

Sept. 1, 1951, $3,00d
and $4,o00 Sept. 1,
1952,'
$3,000 March and Sept 1, 1953,
$3,000 March and $4,000 Sept. 1,
1954, $3,000 March and Sept. 1,
1955, $3,000 March and $4,000
Sept. 1, 1956, $3,000 March and
Sept. 1, 1957, $3,000 March and
$4,000 Sept. 1, 1958, .$3,000 March
and Sept. 1, 1959, $3,000 March
and $4,000 Sept. 1, 1960, $3,000
March and Sept. 1, 1961, $3,000
March and $4,000 Sept. 1, 1962,
$3,000 March and Sept. 1, 1963,
$3,000 March and 4,000 Sept. 1,
1964, $3,000 March and Sept. 1,
1965, $3,000 March
and $4,000
Sept. 1, 1966, and $3,000 March
and Sept. 1, 1967.
Bidders may
bid for
in

a

different rate of interest

multiple of Vi of 1%. These
bonds are payable from unlimited
taxes.
No bid for less than par*
a

and accrued

interest.

No condi¬

tional bids will be received.

The

approving opinion of Peck, Shaf-.
fer & Williams, of Cincinnati, who
have supervised the proceedings,
^

will be furnished to the

success¬

ful bidder without cost;

certified

a

check

for

Enclose

1%

of

the,

amount of the bonds bid for, pay-,
able to the Board of Education.

pay

Roscoe Local Sch. Dist.

the bonus of up to

$400 to some
800,000
veterans
regardless
of
rank.
The Senate plan had ex¬

and

(P.O,

Route 5, Coshocton), Ohio
Bond
be

Offering—Seaied bids will;

received

until noon June 10,
by Klines Foster, Clerk of the;
captain.
Board of Education, for the pur-;
Representative
Lowell
Fess,
chase
of
$73,000 2Vz%
coupon
Yellow Springs Republican, who
building bonds.
Denom. $1,000.
sponsored the cigarette amend¬
Dated June 1, 1947.
Due on Nov.
ment, said it would yield about
1, as follows: $2,000 in 1948 and
$7,500,000 annually and make a
real estate levy unnecessary pro¬ 1949, and $3,000 in 1950 to 1972^
Bidders may bid for a different
vided a $7,500,000 bonus "starter"
fate of interest in a multiple of
payment was kept in a pending
Va of 1%.
Principal and interest'
budget bill.
The proposed addi¬
tional cigarette levy would boost payable at the office of the official,
stated by Lester Detwhiler, Clerk
the total State tax on cigarettes depository for the District which,
of the Board of Education, that
currently - is the Coshocton Na¬
to 3 cents a pack.
the offering of the $25,000 4%
tional Bank, Coshocton.
No bid'
Ohio last year collected $15,for less than par and accrued in¬
construction bonds, previously
426,309 from the 2-cent cigarette
scheduled for June 2, has been
terest- These are the: bonds that
tax, and the State finance direc¬
carried at, the primary election,
postponed to June 9.
tor
estimated
1947
collections
held on May 6, by a vote of 319 to
from the levy at $15,150,000.
1
Franklin County (P. O. Columbia),
60.
Approval of the bonds and"
In addition to the cigarette tax,
Ohio
the transcript of legislation rela¬
the bonus proposal calls for taking
Bond Sale-rThe $39,900 Sewer
tive
thereto
by, legal counsel,$12,000,000 annually from general
District Franklin No. 1, Improve¬
funds to apply on 15-year bonds Squire, Sanders $1 Dempsey,, of.
ment No. 209 bonds offered for'
Cleveland, will be furnished; by.
which would be issued to finance
sale on May 23^v. 165, p. 2595—
the Board of Education/Enclose a
the bonus payments.
were awarded to
J. A. White & ;
certified check for. $730,,,payable,
Without the cigarette tax, House
to the Board, of Education,
Co., of Cincinnati^ as l%s, at A
t,
Majority Leader Paul L. McCorprice of 101.225, a basis of about
mick, Logan Republican, had esti¬
Sidney, Ohio '
1,615%. Dated June 1, 1947. Due
mated a real estate levy of 75
on March and Sept: 1, in 1948 to
Bond Offering — O. S. Kenny,
cents
on
each
$1,000
assessed
1967, inclusive. Interest payable
City. Auditor, will receive sealed:
property valuation would be re-? bids until
M-S.
noon
on June
11 for
quired.
Other estimates ran as
the
purchase of
$25,000 2V2%'
Additional Sale
The $60,000
high as 90 cents.
street resurfacing - bonds. ' Dated
Post-War Planning bonds offered
Under
the
bonus
resolution,
June 1, 1946.
Denom. $1,000. Due
for sale on the same date—v. 165, whatever
program is ultimately
as follows: $1,000 June 1
andDec.r
p.
2595—were awarded to the agreed upon by the State Legisla¬
Market Exchange
Bank Co., of ture must be submitted, to the 1, from 1947 to <J951 incl.,. and[
cluded veterans above the rank of

.

,

in multiples of Va or one-tenth of
1%;

Bond Offering—Chas H.

June 19

1947. Denom. $1,000. These bonds
are due $5,000 Oct.
1, 1948 to 1967.

9), Ohio

Offering—Sealed bids will

be received until

f

,

$34,000 road, bridge and general
bonds. Due oil June 1, in 19561

43,000 school bonds. Due on June
395,000 school bonds. Due June
1, in 1955 to 1959.
1, as follows: $40,000 in 1949
to 1953, $45,000 in 1954 and
Dated June
1, 1947. Interest
1955, $50,000 in 1956, and payable J-D. Second best bid was
$15,000 in 1957.
an offer of 100.12 for
$50,000 as
100,000 water bonds.
Due $10,- 21/£s, and $27,000 as 2*4s, sub¬
000 June 1, 1948 to 1957.
mitted by the Provident Savings
Dated June 1, 1947. Denomina¬ Bank & Trust Co., Cincinnati, and
tion $1,000: Rate of interest to be Breed & Harrison, jointly.
^

Youngstown

•

March

on

nicipal airport bonds, not exceed¬
ing 2% interest.
Dated June 1,

(P. O.

Austintown Local Sch. Dist.

-

Bond

March

noon

for the purchase of
$100,000 mu¬

Peck,

of

Ohio

ol

Ridgeway Local Sch. Dist. (P.
Ridgeway), Ohio

sealed bids until

Shaffer & Williams of

1,1947. Denomination $1,000.
1, as follows: $1,000 in
1948 and 1949 and $2,000 from
1950 to 1952 incl. "Issue was au¬
thorized at the May 6 primary
000 from 1956 to 1964 inclusive. election.
Principal and interest
Principal and interest (J-D) pay¬ (M-N) payable at the KirkerSville
able in New York City. Rate or Savings Bank
Co., Kirkersville. A
rates of interest to be expressed certified check for
$100, payable
in a multiple of % of 1%. A cer¬ to order of the Board of Educa¬
tified check for $1,160, payable to
tion, is required.
order of the State Treasurer, is
Fairfield Local Sch. Dist. (P. O.
required. Legal opinion of Reed,
Leetonia), Ohio
Hoyt & Washburn of New York
City will be furnished the suc¬
Bond Offering Postponed—It 'is
bonds.

*

opinion

legal

the Village.

Offering — Richard L.
Shonk, City Auditor, will receive

Cincinnati
ling, Secretary of Local Govern¬ will be furnished the successful
ment Board, will receive sealed bidder. A certified check for 1%
bids at his office in Raleigh, until of the amount of the bid, payable
11 a.m. (EST) on June 3 for the to order of the city, is required.
Bond Offering

Philadelphia,

Bond

—

school

tified check for $1,000, payable to

-

paratus bonds

for the purchase of $700,000 not
Bond Sale—The $14,000 Dunn's
to exceed 3% interest hospital im¬
Township refunding road Coupon
provement bonds. Dated June 1,
bonds offered for sale on May 20—
1947. Denomination $1,000. Due
$28,000,000 housing bonds to ma¬ v. 165, p. 2721—were awarded to
serially on Dec. 1, from 1948 to
ture in 50 years and subject to R. S. Dickson & Co., of Charlotte,
1968 inclusive; annual maturities
as I V2S,
at a price of 100.357, a
prior redemption.
either $35,000 or $30,000. Rate of
basis of about 1.425%. Dated June
North Hempstead Union Free
interest to be expressed in a mul¬
1, 1947. Due from June 1, 1948 to
School District No. 9 (P. O.
tiple of Va of 1%. Interest J-D.
1955, incl. Interest payable J-D.
Bonds were authorized at the May
Williston Park), N. Y.
Pender County (P. O. Burgaw),
Bond
Sale
The
6 primary election and the ap¬
$1,090,000

Squire, Sanders & Demp-r
of Cleveland, whose approv¬

ing opinion as well as the printed
bonds, will be furnished at the?
Village's expense. Enclose a cer-,

legal depository, which currently
is the Pataskala Banking Co.

Bond Offering Soon—The State

May 26

sion of
sey,

inclusive. Payable at the district's

is expected to ask for sealed bids
until June 17 on an offering of

l.

and accrued interest. The pro¬
ceedings for issuance of the bonds
been taken under supervi->

have

$1,000. Due
Nov. 1 from 1948 to 1971

will

Off ering—F.

City

on

No bid for less than

par

Denomination

$1,000

Alliance, Ohio

sen,

Pomeroy Na¬

Jersey Local School District (P. O.
R. D. Noil 1, Pataskala), Ohio
Bond Offering — B. L. Thomp¬
son, Clerk of the Board of Educa¬
tion; will receive sealed bids until
7 p.m. on June 9 for the purchase
of
$24,000
6%
unlimited
tax
building bonds.
Dated July
1,

for the

&

valorem tax. Principal and inter¬
est payable at the

tional Bank.

District Clerk, will receive sealed
bids until 3:30 p.m. on June 25

Co., of Charlotte, as IV2S, at a
price of 100.128, a basis of about
1.48%. Dated June 1, 1947. Due funds are available. Issue was
on June
1, in 1948 to 1958, incl. authorized at an election on May 6.
Interest payable J-D. Second best
OHIO
bid was an offer of 100.10 for l%s,
submitted

—

$1,710 from 1948 to 1956 inclusive,
and $1,770 in 1957.

Dak.

N.

NORTH CAROLINA

Bond

.

.

.

—

$1,000 June 1 and $2,000 Dec.

r

!itud School District, N. Dak.
Columbus, as Is,: at a price of
Bonds Voted—At an election on' 100.192, a basis of about 0.94%.
May 14 the voters authorized an Dated June 1, 1947. Due on March

electorate for approval.

issue

bids will payable to order of the city, is
*
•
be received until noon on June 9, required.
f

bonds.

of

$32,000

construction

and

Sept. 1, in 1948 to 1952, incl.
Interest payable M-S.

Pomeroy, Ohio
Bond Offering—Sealed

from

1952

J-D.

A certified check for $250,;

to

1956

incl.

interest*

*

Volume

*

"

•

Sale—The $120,000

Water

cou¬

school bonds offered for sale
on May 21—v. 165, p. 2595—were
awarded to Braun, Bosworth &

Culver), Ore.
Offering—The Secretary

Bond

Interest

June 9 for the purchase
of $80,000 water bonds, not ex¬
ceeding 4% interest. Dated June
1,
1947.
Denomination
$1,000.
bonds

These

fering 100.897 for 2s.

park

$51,000

1,

June

due

are

and

playground bonds offered for
on May 23—v. 165, p. 2595—
were
awarded to Hayden, Miller

'sale

Co., of Cleveland, as 1 Vis, at a
•price of 100.315, a basis of about
1.195%. Dated June 1, 1947. De¬
nomination
able

•Oct.

bonds

"next

due

as

highest bidder

Halsey,
Co., for DAs, at a price

Stuart &

Sherwood,

Bonds

Troy, Ohio

26—v.

offered

,

2467—were
awarded to J. A. White & Co., of
Cincinnati, and
the
First-Troy
National Bank & Trust Co., of
Troy, jointly, as lV^s, at a price
of 100.235, a basis of about 1.474%.

*

.

.

.

165,

p.

March

1947. Due on March 1,
1967; bonds maturing in
1956 to 1967, being callable in nu¬
merical order at any interest pay¬
ing date on or after March 1, 1955.
Legality approved by Teal, Winfree,
McCulloch
&
Shuler, of

April 15, 1947 and due
semi-annually on March 1 and
Sept. 1 from 1948 to 1967, inclu¬

;

sive.

Portland.

1

'

.

Other

bids, for l%s, includ¬
ed
the
following: Braun, Bos¬
worth & Co., and Ryan, Suther¬
land
&
Co.,
jointly,
101.901;
Stranahan, Harris & Co., Inc., and
First; Cleveland * Corp., • jointly,
101.806; Halsey, Stuart & Co., and
Charles & Hinsch & Co., jointly,

1

1,

in 1948 to

Dated

.

were

water, Series
purchased on

May 16 by the United States Na¬
tional Bank, of Portland, as 2^4s,
at a price of 100.183, a basis of
about 2.225 %. Denom. $500. Dated

$450,000 park

bonds

playground

May

$30,000

bonds

1947

and

that

states

Sale —The

Ore.
Sold—The City Recorder

was

100.036.

Bond

Silverton

Hills

School

District

O. Salem), Ore.

(P.

Bonds Voted—An issue of
880
at

building bonds
election

an

on

$32,-

authorized
May 12.
was

PENNSYLVANIA
Chester

101.779.

Authority

Municipal

(P. O. Chester), Pa.
Bond Offering—Sealed bids will

OKLAHOMA

b& received until

(P. O.

Cuymon School District
Guymon), Okla.
Sold

Bonds

Board

—

$39,000

on

reports

bonds

building

awarded

;

that

$2,400,000

May 16 to Calvert &

best

bidder

Davis, offering

Evan

was

1,

$18,000
$45,000

L.

Voted—An
works

water

was

voted at

system

election

an

$4,May

Tulsa, Okla.

on

•

.

,

an

election

May 20 the voters rejected the

proposed issue of $75,000

;

conven¬

tion hall construction bonds.

Wakita, Okla.
Bond

Sale

—

The

^

Town

Clerk

states that the $8,000 water works
extension and improvement bonds
for sale on May
19—v.
2467 — were awarded as
2 V2s. Due $2,000, in 1950 to 1953,

Wewoka, Okla.

the

Clerk,
until

2

will
p.m.

Sebastian,

receive .sealed
June 2 for

on,

purchase of $136,000
as, follows:.

bonds,

divided,
:

$75,000. fire station and equipment
:
bonds.; Due $5,000 annually
>

j.

from 1951 to 1965 incl.

.

from
•

1951

to

1963

.

from

000.

inclusive,

000

1951

to

follows: $2,000
1960

and $1,000 in 1961.

;

.

.

The

bonds

will

inclusive,
1
..

be. sold

to

.

..

the

bidder naming the lowest rate of
interest and offering to pay par
and

accrued interest.

check for 2%
is

A certified

of the amount bid

required. These bonds

of

.

ber, 1946.

an

'

..




rv

be

in multiples

10

until

for

Steele & Co., of
UAs, at 100.283,

as

Co.

&

to

Pitts¬

basis

a

The bid of Rol¬

initially adjudged
highest owing to an error in
the tender actually
having worked out to a net cost
of 1.207%.
was

the

calculation,

Palmyra

School District, Pa.
Offering—A. D. Ulrich,

Bond

Secretary of the Board of School
Directors,

will

receive

sealed

bids until 7.30 p.m. on June 12 for
the

purchase

of

$60,000

funding
coupon bonds.
Dated June 1, 1947. Denom. $500.

and

improvement
bonds

due

are

June

1,

as

certified check for 2% of the face
amount

of

the

the District

bonds, payable to
Treasurer, is required.

Sharpsburg School District, Pa.
Bond Offering — Raymond M.
Martier, District Treasurer, will

the

successful

Purchased

—

Johnson,

Lane,

Space & Co. of Savannah
recently purchased an issue of
$50,000
combined
public utility
system

revenue bonds, as follows:
$23,000 maturing April 1, $2,000 in

1949 to

1955, $3,000 in 1956 to 1958,
as
2%s,
and
$27,000
maturing
$3,000 April 1, 1959 to 1967, as 3s.
Interest A-O. Dated April 1, 1947.

Bonds ma¬
turing subsequent to April 1, 1950,
being subject to redemption on
any interest payment date on or
after
said
date.
Principal and
interest payable at the Central
Hanover Bank & Trust Co., New
The

bonds

issued

are

bidder.

A

Award—Award

on

p.m.

to

June

on

bonds. Dated May 1,1947.
$1,000 from May 1, 1949 to
1963, inclusive.

Due

Mcrristown,
Bond

Tcnn.

Sale—The $125,000

bonds

offered

Water
improvement

May 15—v. 165,

p.

2596—were awarded to C. H. Lit¬
tle &

Co., of Nashville, as l3As, at
price, of 100.0088, a basis of
1.749%. Dated May 1, 1947

a

about

and due

incl.
for
of

July 1 from 1949 to 1955

Second

l3As

high

bid

made

was

of

by

100.008

Bank

the

Commerce, of Morristown.

Seiver

County (P. O. Seiverville),
Tenn.

Bond

road

pon

lic
p.

Sale—The

bonds

auction

2596—were

Little

$300,000

offered

cou¬

at

pub¬
20—v. 165,

May

on

C.

to

awarded

H.

&

Co., of Nashville. Dated
April 1, 1947. Due on April 1, 1967.

obtain

funds

to

the

defray

.

,

Bond

Sale—The

$100,000

for

l%s

made

was

by

*

1, 1947. Principal
payable at the suit¬
able bank or trust company des¬

April 1, $4,000 in 1979, $6,000 in
1980 to
1982, $7,000 in 1983 to

1949 to 1959,

1960 to

Dated

1967.

June

interest

and

ignated by the successful bidder.
The approving opinion of Dorsey,
Colman, Barker, Scott & Barber,
of Minneapolis, will be furnished
the
for

purchaser. A certified check
2% of the amount of the bonds

bid, payable to the City Treasurer,
is

required.

Branchville, S. C.
Bonds

Sold

—

It

is

Bank

Co., New York City.
proved
by
Huger
Charleston.

&

Sale—The

Bond

following 2%

■

stated

that

bonds aggregating $31,000, offered
for sale on May 16—v. 165, p. 2467
State Bank,
National

and the First Dakota

Bank, both of Yankton,

swimming pool and bath

$16,000

house bonds.
in

1986

and

$100,000 in 1987, are
April 1,
1957; $50,000
bonds maturing April 1, 1987, call¬
able
$25,000 April 1, 1952 and
callable

1953.

All

being
on

1953

Due

to 1955.

15,000 series of 1947
Due

on

May 1,

on

May

1,

sewer

in

bonds.

1949

Dated May 1,1947. Interest pay¬

_M-N»

!bi4 received for-..the

The,'above

optional bonds
said dates, or

on

interest

any

payment

dates

Call,

Parkhurst

was

the

bonds.

of

Crowe,

Dallas.
V

Crane County (P. O.
Texas
Bond

Offering

will

until June

$130,000

—

receive
9

for

Crane),

The

County
bids

sealed

the purchase of

highway

bonds

ized at the election held

author¬
May

on

10.

Houston, Texas
Bond

only

said

thereafter at par and accrued in¬
terest. Principal and interest pay¬

to

1953.

able

of

callable

Judge

at par:

Trust

Legality ap¬
Sinkler,
of

the American

awarded to

—were

1982,

able at the Dallas National Bank,
Dallas. Legality approved by Mc-

,

|

$44,000 refunding bonds were pur¬
chased recently by the Southern
National Bank of Orangeburg, as
follows: $23,000 as 2s, due from
May 1, 1948 to. 1956; $10,000 as
2y2s, due on May 1, in 1957 to
1960, and $11,000 as 3s, due on
May 1, in 1961 to 1964.
Denom.
$1,000.
Dated May 1, 1947.
Prin.
and int.; ,(M-N)
payable, at the
Hanover

Dak.,

Yankton, S.
r

.

to

1978, $6,000 in 1979 to
$7,000 in 1983 to 1986, and
$150,000 in 1987. Bonds maturing

in

SOUTH CAROLINA
'

1973

follows: $3,000
and $4,000 in

Due Jan. 1, as

cou¬

pon! general

Central

Pittsburgh, Pa.

Bids will be

—

7:30

revenue

Denomination $1,000.

York.

until

by Mayor J. H. Suter, for the
purchase of $15,000 water works

works extension and

Ninety Six, S. C.
Bonds

Offering

9,

—

Phillips, Schmertz & Robinson.

Denom.

May 19 of $60,000 bonds to E. H.
& Sons, of Philadelphia,

Rollins

May 1, 1947.
Due $1,000 from
May 1, 1948 to 1962, incl. prin. and
int.
(M-N) payable at the Cen¬
tral Hanover Bank & Trust Co.,
New York.
Legality approved by
Huger Sinkler, of Charleston.

...

100.226

quired.

Bond

Dated

Bond

received

•

p.m.

certified check for $5,000, payable
to order of the Borough, is re¬

East

Denom. $1,000.

,jU!*|

Greenbrier, Tenn.

'

pur¬

Ruffin, of Pittsburgh, will be fur¬
nished

Abbeville.

coupon

1' 1947.

1949

TENNESSEE
that

$15,000 4% junior lien water and
sewer system revenue bonds were
purchased recently by the Bank of

55

Tennessee (State of)
cost
Bond Offering Details—As pre¬
of improving the Combined Pub¬
receive sealed bids until 8 p.m.
lic Utility System of the Town, viously noted in these columns,
(DST) on June 9 for the purchase
the State is asking for sealed bids
of $25,000 coupon school bonds. pursuant to Chapter 187, Volume
(to be addressed to Governor Jim
Dated July 1, 1947. Denom. $1,000. 4, Code of Laws of South Caro¬
McCord) until 11 a. m. (DST) on
Due
July i, as follows: $2,000 lina, 1942, and an ordinance duly June 10 on an
offering of $10,605,from 1949 to 1953 incl., and $3,000 adopted by the Town Council, and
constitute valid and legal obliga¬ 000 bonds. The sale will consist of:
from 1954 to 1958 incl.
Bidder
tions of the Town, the principal
$3,000,000 charitable and penal in¬
to name a single rate of interest,
and interest of which are payable
stitution bonds. Due July 1,
expressed in a multiple of V4 of
1957.
and secured by a
1%.
A certified check for $500, solely from
3,000,000 educational
improve¬
payable to the order of the dis¬ pledge of the revenues derived
ment bonds. Due July 1, 1958.
from the operation of the Com¬
trict, is required.
Legality to be
bined Public Utility System. 1 Le¬
2,000,000 University of Tennessee
approved by Burgwin, Churchill
gality approved by Huger Sinkler,
improvement
bonds.
Due
& Ruffin of Pittsburgh.
of Charleston.
July 1, 1958.
)
Tinicum Township (P. O. Essing2,000,000
tuberculosis
hospital
SOUTH DAKOTA
ton), Pa.
bonds. Due July 1, 1956.
Bond
Offering—Earl
Ritchey,
355,000 consolidated for county
Java, S. Dak.
Secretary of the Board of Town¬
reimbursement
bonds.
Due
Bond Offering—M. Gehrki, City
ship Commissioners, will receive
July 1, 1951.
Auditor, will receive sealed and
sealed bids until 8 p.m. (DST) on
All of the bonds will be dated
oral bids until 2:30 p. m. on June
June 2 for the purchase of $36,000
6 for the purchase of $23,000 sew¬
July 1, 1947. Denomination $1,000.
coupon town hall bonds.
Dated^ er
bonds, hot exceding 4% inter¬ Legality to be approved by Wood,
June
15,
1947.
Denom.
$1,000. est. Dated June 1, 1947. These
King & Dawson of New York
Due $2,000 on June 15 from 1949
bonds are due Jan. 1, as follows:
City.
to 1966 incl.
Bidder to name a
$1,000 in 1949 to 1951, and $2,000
single rate of interest, expressed in 1952 to 1961, optional Jan. 1,
TEXAS
in a multiple of Vs of 1%.
The 1954.
Principal and interest pay¬
Big Lake, Texas
bonds are payable from unlimited
able at any suitable bank or trust
Bond Offering—The City Sec¬
ad
valorem
taxes.
A
certified
company designated by the pur¬
retary will receive sealed bids
check for 2% of the bonds, pay¬
chaser. The approving opinion of until June
16 for the purchase of
able to order
of
the
Township
Dorsey, Colman, Barker, Scott &
Treasurer, is required.
Legality Barber of Minneapolis, will be $40,000 street improvement bonds
authorized at the election held on
to be approved by Townsend, Elli¬
furnished, by the City. A certified March 15.
ott & Munson of Philadelphia.
check for $460, payable to the
Burkburnett, Texas
West Deer Township Sch. Dist.
City Treasurer, is required.
Bond Sale
A syndicate com¬
(P. O. Bairdford), Pa.
Mobridge, S. Dak.
posed of the First Southwest Co.,
Bond Sale—The $25,000 coupon
Bond Offering—F. W. Thomas,
Dallas,
Columbian
Securities
school bonds offered for sale on
City Auditor, will receive sealed Corp. • of Texas, of San Antonio,
May 12—v. 165, p. 2467—were bids until 8
p.m. on June 5 for the
and R. S. Hudson & Co., of Dallas,
awarded
to
Moore, Leonard &
purchase of the following coupon recently purchased, an issue of
Lynch, of Pittsburgh, as lyis, at a bonds
amounting to $199,000, not $300,000 3V4% refunding bonds.
price of 100.458, a basis of about
exceeding 4% interest:
The entire issue
will bear 4%
1.15%.
Dated June 1, 1947.
Due
interest to Oct. 1, 1950. The bonds
on
June 1, in 1949 to 1954.
In¬ $134,000 storm sewer bonds. Due
Jan. 1, as follows: $3,000 in are dated April 1, 1947. Interest
terest payable J-D.
Second best
A-O.
Denomination $1,000.
1949 to 1955, $5,000 in 1954 to
Due
bidder was Fauset, Steele & Co.,
1956, $8,000 in 1957 to 1959, April 1, as follows: $2,000 in 1951
offering 100.108 for l%s.
to 1957, ,$3,000 in 1958 to 1963,
and $10,000 in 1960 to 1967.
West Reading, Pa.
65,000
swimming
pool bonds. $4,000 in 1964 to 1972, $5,000 in

8

bonds.
$1,1, as follows: $15,to 1962 incl., and

$222,000

(2975)

Calhoun Falls, S. C.
Bonds Sold — It is stated

:

the

$12,000 in 1963. Registerable as to
principal only.
Bidder to name
a single rate of interest, expressed
in a multiple of Vs of 1%.
Legal
opinion of Burgwin, Churchill &

were au¬

election in Novem¬

bids

June

Due June
from

New

thorized at

to

interest

of

sealed
on

Dated June

21,000 water main construction
as

1964,
1966,
1968,
1970,
1972,
1974,

by the bonds,

chase

and $1,000 in 1964.

bonds. Due

rates

or

(DST)

sewer plant construction
.bonds. Due as follows: $3,000
*

$59,000 in
$61,000 in
$64,000. in
$67,000 in
1971,
$69,008 in
1973,
$72,000 in
1975, $74,000 in 1976, $75,000 in
1977, $76,000 in 1978, $78,000 in
1979, $80,000 in 1980, $81,000 in
1981, $83,000 in 1982, $84,000 in
1983, $86,000 in 1984, $88,000 in
1985, and $90,000 in 1986.
Registerable as to principal only.
Each
bidder shall specify in his bid the
$58,000 in
$60,000 in
$63,000 in
$65,000 in
$68,000 in
$71,000 in

receive

40,000

-

sold

obligation improve¬
one-tenth, Vs or V\ of 1%. No
ment; bonds offered May 27 were
bid for less than par and accrued
awarded to Schmidt, Poole & Co.,
interest. The validity of the bonds
of Philadelphia, as lyis, at a price
will be approved by Wood, King
of 100.234, a basis of about 1.219%.
& Dawson,
of New York City. Dated June
1, 1947 and due June
Enclose
a
certified
check
for
1, as follows: $6,000 from 1948 to
$48,000.
1952 incl:, and $7,000 from 1953
Coraopolis, Pa.
to 1962 incl. Legality approved by
Bond
Offering — Edward
N: Townsend, Elliott & Munson of
Weaver, Borough Secretary, will Philadelphia. Second high bid of

*

bids

1960,
1962,

1956,

of

inclusive.

City

1958,

$54,000 in
$56,000 in

borne

p.

Bond Offering—M. S.

in

rate

offered

165,

in

$51,000

1963,
1965,
1967,
1969,

bonds

on

19.

Bonds Defeated—At

$49,000

1961,
of

follows:
in 1948,
in 1950,
in 1952,
in 1954 and
$50,000 in
$52,000 in
$55,000 in
$57,000 in

Due Dec. 1, as
in 1947, $17,000
in 1949, $19,000
in 1951, $46,000

1957,
1959,

issue

June

on

water revenue
Dated Dec.

1955,

Manchester, Okla,
Bonds

coupon

$47,000 in 1953, $48,000

of about 1.96%.

900

1946.

$16,000

net interest cost

a

p.m.

Denom. $1,000.

bonds.

w e re

Canfield, and the Small-Milburn
Co., both of Oklahoma City, joint¬
ly, at a net interest cost of 1.81%'.
Second

2

12, by Frank G. Andrews, Secre¬
tary of the Board of Municipal
Authority, for the purchase of

The Clerk of the

Education

of

lins

loan

Sch. Dist. No. 4 follows: $2,500 in 1948 to
1957,
(P. O. Gresham), Ore.
and $3,500 in 1958 to 1967. Rate
Bonds Voted—An issue of $50,of interest to be in multiples of %
000
school
building bonds was of 1%. The
approving opinion of
authorized at an election on May
Townsend, Elliott
Munson, of
17.
Philadelphia, will be furnished. A

pay¬

are

the

Multnomah County

follows: $6,000 in.1948,
$5,000 in 1949 to 1957. The
1,

and

of

Interest

$1,000.
These

A-O.

and

of about 1.206%.

These

&

2847—was subsequently

p.

Fauset,
burgh,

$5,000 in

quired.

165,

cancelled

as

1950 and 1951,
and $7,000 in 1952 to 1961. The
approving opinion of Teal, Winfree, McCulloch, Shuler & Sayre,
of
Portland, will be furnished.
A certified check for $1,600, is re¬

follows:

Stcubenville, Ohio
Sale—The

Commissioners,
sealed bids until 8
of

on

m.

p.

Ryan, Sutherland & Co., of¬

Bond

receive

will

Runner-up

payable J-D.

Board

the

of

Co., Inc., as 2s, at a price of
101.591, a basis of about 1.83%.
Dated May 1, 1947.
Due $6,000
from Dec. 1, 1948 to 1967, incl.
.was

Deschutes Valley
District (P. O.

Jefferson County,

pon

their bid of 101.899 for Vfcs—

on
v.

Sebring), Ohio

Bond

,

OREGON

(P. O.

Smith Local School District
*

THE COMMERCIAL & FINANCIAL CHRONICLE

Number 4599

165

Sale—The

$6,770,000.

cou¬

bonds offered May 28—v. 165,
p. 2723—were awarded to a syn¬
dicate composed -of Kidder, Peapon

56

of $75,000
school house bonds, not exceeding
2V2% interest. Dated July 1, 1947.

F. L. Kramer,

Denom.

bids

until

the

of Phila¬

Lubbock,

Texas

William E., Pollock &
Bond Offering — Miss Lavenia
Co., New York; Hess, Blizzard & Williams, City Secretary, will re¬
Co., Philadelphia;
Fox, Reusch ceive sealed bids until 2 p.m. on

Christie
6c Co., and J. R. Phillips Invest¬
ment Co., both of Houston, and
Co., Cincinnati; B. V.

These bonds are
follows: $1,000 in
1948, $2,000 in 1949 and 1950, and
$10,000 in 1951 to 1957. Rate of in¬
terest to be in multiples of Vs of

due

delphia;

6c

sewer bonds as
Due July 1, 1948 to 1977,

$1,170,000
2s.

inclusive.

sanitary sewer disposal
system bonds as 2s. Due July
1, 1948 to 1977, inclusive.
630,000 permanent paving bonds
as 2y4s.
Due July 1, 1948 to
1977, inclusive.
150,000 opening and street wid¬
ening bonds as 2s. Due July
1, 1948 to 1977, inclusive.
1,380,000 stormx sewer bonds as
2s. Due July 1, 1948 to 1977,
660,000

Inclusive.

1,050,000 sanitary sewage dispos¬
al system bonds as 2s.
Due
July 1, 1948 to 1977, inclusive.
1,000,000
permanent paving
street improvement bonds as
2*4s.
Due July 1,
1948 to
1972, inclusive.
300,000 bituminous surfacing
street improvement bonds as
2y4s.
Due July 1, 1948 to

*

1967, inclusive.

traffic

100,000

signal bonds as
1948

1,

July

Due

2V4s.

to

1972, inclusive.

incinerator bonds

90,000 garbage
Due

2s.

as

July

1,

1948

to

1977, inclusive,
90,000 street right-of-way bonds
as 2y4s.
Due July 1, 1948 to
1977, inclusive.
50,000 street name marker bonds
as 2^4s.
Due July 1, 1948 to
1972, inclusive.

general improvement

100,000

bonds

July
1972, inclusive.
2y4s.

as

1948 to

Due

1,

dated July

All of the bonds are

Kittitps

Ellensburg), Wash.
Bond Sale—The $295,000 school
bonds
offered
May
23
yvere
tional

sold at a

March

price of par, and mature

Stein.

$67,000 in 1959, $69,000 in
1960, $70,000 in 1961, $73,000 in
1962, $74,000 in 1963 and 1964,
$80,000 in 1965, $81,000 iu 1966,
1958,

$82,000 in 1967, $86,000 in 1968,
$87,000 in 1969, $89,000 in 1970,
$90,000 in 1971, and $93,000 in
1972.

Sierra

of

about

2.38%,

as

follows:

$180,000 bonds maturing June 1,
$10,000 in 1948 to 1957, and $20,000
in 1958 to 1961, as 2V4s, the re¬
maining $120,000 maturing $20,000
from June 1, 1962 to 1967, as 2y4s.
Interest payable J-D.

Dated June

1947. The next highest bidder
was Dittmar & Co., A. W. Snyder
1,

&

Co., and the Columbian Secur¬

ities
Corp.,
of
Texas,
of San
Antonio, jointly, at a net interest

(P.O. Sierra Blanca),

No. 1

Kleberg County (P. O. Kingsville),

Offering—Sealed bids will

Bond
be

received until 1 p.m. on June

Viredell, President of

4, by H. H.

for the pur¬

on

was

authorized at

an

election

1962, $3,000 in 1963 to 1965,

1958 to

Bond Sale—It is stated by the
City Secretary that the $200,000
hospital bonds offered for sale on

May 21,

were awarded to




Dewar,

par

for

and

sale

without

May

on

success

14, when all bids were rejected.

the

City

CANADA

Treasurer's

,

['!

office. The bonds will be the di¬

general obligations of the City
are
being issued subject to
approving opinion of Chap¬
man & Cutler, of Chicago, which
opinion will be furnished to the

successful

bidder

at

the

MHit own,

N. B.
Bonds Sold—An issue of $50,000
town

City. The purchaser shall
the printed bonds at his
expense. Enclose a certified

own

bonds

purchased

was

re¬

cently by T. M. Bell & Co., and
F. F. Brennan & Co., both of St.

expense

the

of

\

FOUNDLAND

NEW

and

the

furnish

Walla

Johns, jointly, at a price of 102.367, a basis of about 2.727%. These
bonds are due from March 15,1945

check

for $10,000, payable to the
City Treasurer.

to 1967.

'

.

will
a.m.

on

of

June

11 for the purchase

to

Callable in inverse

incl.

1957

numerical

order, at

par

and

ac¬

crued

interest,

any

on

date after five years from date

Bonds Not Sold—It is stated by

Clerk, that all
bids received for the $10,000 city
hall bonds offered on May
12,

Amy

City

Laws,

returned.

were

be reoffered at

These

Alternate

bids

bonds with

are

uni¬

furnished.

to be

requested

on

10-year option of re¬

demption. The District will fur¬
nish the printed bonds,

a copy

a

future date.

cost

to him.

It is

anticipated

delivery can be effected in
approximately 60 days. Enclose a
certified check for $1,200, payable

that

County, Sligo Indep,

School

District

Denver

Bond

(P. O.
City), Texas

Offering—J.

Superintendent

of

"W.

of the

,

49%

were

over

will

Their stocks

receive

10 a.m.,

DEPARTMENT

STORE

Second

both

expenses

hand at the close

The details

LOCALITIES

MAJOR
District

Reserve

-Percentage Change from Preceding YearStocks on Hand

Net Sales

District

New York

Northern

+13

New

+ 12

•

+ 39

+ 10

+ 12

Jersey

+ 40

+13

+ 11

City

Mar. 31, 1947

Jan.-Mar. 1947

Mar. 1947

Department stores
Second

+

\

29

+ 11

+

8

+ 23

+ 10

Newark
Westchester and Fairfield Counties

+ 15

+ 47

3

+

9

+ 13

0

Lower Hudson River Valley

+

12

+

Bridgeport

+

Poughkeepsie,>«—

+

+ 48

•!i

1

+49

r

+ 12

+ 10

i
r

1

36„

+ 48

8

+ 11

I

+ 11

+ 56

+13

+ 14

+ 39

+

8

+ 16

+ 50

Mohawk River Valley

+

6

+

9

+ 35

U

Utica

+

8

+

9

+ 26

Ii

Syracuse

+

9

+ 18

+ 58

'

6

+ 10

:

/

York State

—

Northern New York State

+

?
»;-

•

+ 12

+ 16

+

9

+ 12

+ 53

+

9

+

12

+ 57

+

8

+ 10

+

7

+

i«

+ 56

Binghamton

Southern New York State

York State

New

+ 54

+ 14

+ 38

+ 10

+ 13

+ 55

3

0

+ 49

—

•Apparel stores

r;
T'

+ 54

7

+ 10

Falls
.

INDEXES

*

\
■1

OF DEPARTMENT
Second

Federal

incident thereto for

SALES

AND STOCKS

District

Reserve

-1947-

1946

12, at

airport,

STORE

*

[1935-1939 average =100]

sealed

Series
N
bonds.
Denomination
$1,000.
Dated Aug. 1, 1947. Due on Aug.
1; $48,000 in 1948 to 1956, and
$43,000 in 1957. The cost of print¬
ing of the bonds and any legal
public

BY

SALES

Federal

iwn 1

Clerk,

for the purchase of $475,-

iy2%

on

the figures for March 1946.

made available by the Reserve Bank follow:

Offering—It is stated by

John P. Halloway, County
will

: ^

apparel stores in the New York Reserve District reported

of the month
as

those

over

•Chiefly New York City.

Wisconsin

he

12%

up

Stocks of merchandise on hand iii

3% loss in net sales in March.

a

The
from a

before.

year

a

were

month in 1946.

same

Niagara

County (P. O. Green Bay),

Bond

over

1947,

department stores at the end of March 1947 were 40%

Rochester

Jan.

Feb.

Mar.

186

Mar.

170

233

Sales

(average

210

Sales

(average

206

182

188

229

215

228

224

229

171

206

231

241

172

234

249

242

monthly), unadjusted
daily), unadjusted
j,
Sales (average daily), seasonally adjusted.
Stocks, unadjusted
Stocks, seasonally adjusted
INDEXES

STORE

DEPARTMENT

OF

SALES

FEDERAL

SECOND

FOR

RESERVE

11935-39 average

ren¬

=

SIX

LEADING

CITIES

IN

DISTRICT

TH®
-

100J

.

Cobb, Wis.
Bond

Village
annual

Sale—It is stated

Clerk- that
water

works

$8,000

by the
13A%

bonds

were

for sale on May 20, and
purchased by the Cobb State
Bank, the only bidder, at par.
Dated April 15, 1947. Due $500
from April 15, 1950 to 1965, incl.
offered

were

due

on

or

after

April

15,

1947

——

Mar.
214

Jan.
Jan.-

Feb.
Feb.

Mar.

195

175

238

184

156

145

Buffalo

as

1946

- -

244

202

192

262

Rochester

service relating to the
to legality, shall be
assumed by the purchaser..
any

opinion

Bonds

Jones,

Schools,

to March

similar period the previous year.

Western

WISCONSIN
Brown

11%

increased

January

Buffalo

of dering

proceedings, the
approving
opinion of any market attorney
selected
by the purchasers and

out

District
of

Elmira

will

bonds

000

blank

sales

Albany
Schenectady

cipal and interest payable at place
designated by the purchasers; All
bid

Reserve

combined

Central New

and auction bids until June

form

Federal

(New York)

sales in department stores, in the second

$40,000 not to exceed 3% inter¬
Dated July

that

bids must be submitted on a

March

est fire station bonds.

1, 1947. Denom. $1,000. Due July
1, as follows: $4,000 from 1949 to
1953 incl., and $5,000 from 1954

25

The Federal Reserve Bank of New York anonunced on April
that

The

City Clerk
sealed bids until 10

receive

Department Store Sales in N. Y. Federal Reserve
District in MarcK, 11 % Over Last Year

Wash.

Walla,

Bond Offering—The

$2,500 in 1966, $5,500 in 1967, and

Yoakum

Lockhart, Texas

at

payable

Seattle.

$6,000 in 1968. Rate of interest to
be in multiples of % of 1%. Prin¬

to the District.

May 17.

of

rect

1948, $2,500 in 1949, $1,500

designated by the purchaser with¬

issue

the bid

given to

the lowest coupon in¬
terest rate. Principal and interest

Wash.

will deliver the bonds to the bank

bids until June 20 for the purchase
of $100,000 hospital bonds. This

all other

specifies

Olympia (P. O. Olympia),

payable J-D. Dated July 1, 1947.
Due July 1, as follows: $1,500 in

Texas

.

be

Wapato, Wash.

Offering—Ben F. Wilson,
County Judge, will receive sealed

Bond

and

par,

accrued interest, or better, which

*

Texas

<

the

cost of about 2.422%,

than

things being equal preference will

Marshall, and Bramhall &

Port of

bid will be considered

No

less

Turner of Seattle.

in 1950,
165, p. 2723—were awarded
to W. J. Lackey & Co., and J. L. $2,500 In 1951 and 1952, $3,500 in
1953, $3,000 in 1954, $4,000 in 1955,
Wright & Co., both of San An¬
$3,000 in 1956 and 1957, $2,000 in
tonio, jointly, at a net interest
cost

&

Lander), Wyo.
$240,000 build¬

Bond Sale—The

ing bonds offered for sale on May
19, were purchased by the State,
as lM»s, at par. Due in 1948 to 1967,
incl. Interest payable M-S. These
are
the bonds that were offered

bid will be considered for

issues.
for

County Vocational

High School District (P. O.

shall

no

,

Fremont County,

less than all of the bonds of both

interest
of
issue.
Legality to be proved by
Blanca Common Sch. Dist. Preston, Thorgrimson, Horowitz &

Texas

—v.

Interest

thereof.

holders

WYOMING

than one rate of interest
apply to both issues,

more

and

Bond Offering—The Port Com¬
$78,000 in 1955
and 1956, $83,000 in 1957, $84,000 mission will receive sealed bids
in 1958, $86,000 in 1959, $91,000 in until 2 p.m. on June 6 for the
1960, $93,000 in 1961, $95,000 in purchase of $300,000 not to ex¬
1962, $101,000 in 1963, $107,000 in ceed 3% interest general obliga¬
Dated July 1, 1947.
1964, $108,000 in 1965, $109,000 in tion bonds.
Due serially on
1966, and $114,000 in 1967; the Denom. $1,000.
composite 25-year maturity is as July 1 from 1949 to 1962 incl.
in
inverse
numerical
follows: Due March 10, $38,000 in. Callable
1948, $45,000 in 1949, $48,000 in order, at par and accrued interest
1950, $49,000 in 1951, $51,000 in on any interest date after five
1952, $54,000 in 1953, $55,000 in years from date of issue. Legality
1954, $57,000 in 1955, $61,000 in to be approved by Preston, Thor1956, $63,000 in 1957, $64,000 in grimson, Horowitz & Turner of

$60,000 school bonds. In¬
Kingsville Independent Sch. Dist.,
terest rate is not to exceed 4%,

$300,000 school
bonds offered for sale on May 23

the

to

Dated

1953 and 1954,

in

chase of

Bond Sale—The

a

100.376, a net interest
cost of about 1.544%, as follows:

ter

the Board of Trustees,

1, of each year.

at

Ellensburg,

$1,000.

1,

which

.

maturity schedule
10) is as
$53,000 in
1948, $66,000 in 1949 and 1950,
$70,000 in 1951 and 1952, $74,000

of

Dallas, for $20,000 as 2s, and $50,000 as 21/2s—'v. 165, p. 2723—was

of

ify

of

posite 20-year

bonds awarded

Bank & Trust Co.,

1946. Due $2,000 on

maturing on Aug. 1,1957 and 1958,
being callable at the option of the
School Board upon 30 days' notice

1947. Interest rate is not
to exceed 3%, payable J-D.
The
rate is to be stated in multiples
of y4 of 1%, and no bid shall spec¬

Washington' Na¬

the

Bank

price

(due on each March
follows:
Due March 10,

Texas

$70,000 refunding

Dated Aug. 1,

Aug. 1, in 1954 to 1958; with bonds

inclusive.

lighting bonds.
For
$225,000 maturing June 1,
43,000 fire equipment bonds.
$18,000 in 1949, $19,000 in 1950
41,000 fire station building bonds. and 1951, $20,000 in 1952 to 1954,
All of the bonds will be dated $21,000 in 1955 and 1956, $22,000
July 10, 1947, and they will be in 1957 and 1958, $23,000 in 1959,
sold in one block, with bids to be as
iy2s,
and
$70,000
maturing
for all or none.
Bids must be June 1, $23,000 in 1960 and 1961,
submitted
in the alternate
on and $24,000 in 1962, as l3/4s. Sec¬
either 20 or 25-year maturity. City ond high bid of par for $225,000
will furnish legal opinion of Du¬ lV2s and $70,000 l3/4s, or a net cost
mas & Huguenin,
of Dallas; any of about 1.58%, was made by a
other opinion to be obtained at group composed of the National
purchaser's expense.
The com¬ Bank of Commerce, Seattle, Fos¬

Odessa School District, Texas
1947. A syndicate headed by
Bond Offering—Murray H. Fly,
National City Bank of New
York was second high bidder, the Superintendent of Public Schools,
tender being based on a net in¬ will receive sealed bids until June
12 for the purchase of $1,400,000
terest cost of 2.0934%.
school bonds. This issue was au¬
Irving Independent Sch. Dist.,
thorized at an election on June 14.

to the Texas

to

awarded

1,

Details—The issue of

Ellensburg

County,

S/h. Dist. No. 401 (P. O.

the

Bond Sale

by the Dis¬
trict Treasurer, for the purchase
of $10,000 2V2% building, Series
B
bonds.
Denomination
$1,000.

June

.Denomination
June

bonds.

51,000 street

re¬

until May 28,

ceived

$100,000 water works bonds. Due
$10,000 from June 1, 1948 to
1957, inclusive.
200,000 sewer bonds. Due $20,000
from June 1,
1948 to 1957,

.WASHINGTON

street improvement

275,000

(P. Of

1

were

payable F-A.

700,000 not to

storm

certified

A

days.

City Clerk, that he
and oral

9, at 2 p.m., for
of the following
aggregating $300,000:

bonds

check for
$1,500, payable to the District, is
required.

for the

26

as

No?

Offered—Bids

Bonds

will receive both sealed

$1,000.

July 1,

Dist.

Pembine), Wis.

stated by

Offering—It is

Bond

1%. Delivery will be made within
60

purchase of $1,exceed 3y2% inter¬
est
coupon
general
obligation
JLouis B. Henry Investments, of
bonds, divided as follows:
Dallas. The group bid a price of
$935,000 water system extension
100.0399, a net interest cost of
bonds.
.about 2.0735%, for the bonds di¬
355,000 sewer extension bonds.
vided as follows:
June

PembineSch.

Wis.

purchase

June 9 for the purchase

Stranahan, Harris & Co., Inc., To¬ ported by the City Secretary that
ledo; Stroud & Co., Philadelphia; the $30,000 airport bonds offered
American Securities Corp., J. G. for sale at the same time, were
White & Co., and Francis I. du awarded to the Columbian Secur¬
Pont &
Co., all of New York; ities Corp. of San Antonio, at a
Butcher & Sherrerd, and Ram- net interest cost of 1.6529%.
bo, Close & Kerner, both

La Crosse,

receive sealed bids until 8 p.m. on

San

of

Pancoast,

&

Robertson

body
&
Co.,
Union Securities
Corp., and C. J. Devine & Co.; all Antonio, at a net interest cost of
of New York; Philadelphia Na¬ 2.403%.
Additional Sale—It is also re¬
tional
Bank
of
Philadelphia;

Monday, June 2, 1947,

FINANCIAL CHRONICLE

THE COMMERCIAL &

(2976)

227

195

185

249-

289
192

244

240

315".

180

148

198;

City

210

191

194

23#

180
240

153

161

;

199

205

223

192

198

245"'

284
189

241
177

256

310

164

195.

228

227

220

2431

Newark

203

202

191

208

Buffalo

261
235

269
237

256

269

241

248:

312
236

330
203

333

323

213

221

Average monthly, unadjusted:
New
York City
Newark

.

:

Syracuse

Bridgeport
Average daily,
New

York

;

—

unadjusted—

Newark
Buffalo

Rochester

—

Syracuse

Bridgeport
Average daily,
New

seasonally adjusted—

York City

1950, subject to redemption at par,
plus accrued interest in inverse

Bridgeport

_

Rochester

numerical order.

204

Syracuse
„

20®
258