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BUS. ABM.
LIBRARY
v
m 20
MONDAY
Reg. U. S. Pat. Office
Volume
169
Number 4813
New
York, N. Y., Monday, June 20, 1949
Price 75 Cents
Copy
a
General Corporation and Investment News
RAILROAD
PUBLIC UTILITY
-
Abington Electric Co., Clarks Summit, Pa.
INDUSTRIAL
-
INSURANCE
-
Private
—
income
taxes and other taxes, $1,512,523; 4'/2%
preferred stock (par
$100), $2,087,200; common stock, without par value (outstanding
280,000 shares class A, B, C and D), $280,000; capital surplus, $2,136,486; earned surplus (since Jan. 1, 1933), $6,661,143; cost of 170 shares
value
Financing—
The
Republic Service Corp.
and its subsidiary, Abington Electric
have applied to the SEC for an order authorizing the sale of se¬
Co.,
curities
by Abingtcn to refinance its entire
to Republic in the amount of $765,000.
Abington
to
proposes
issue
sell
and
John
to
indebtedness
present
Hancock
In This Issue
Mutual
Life
Stock and Bond
Co. $550,000 of 3V2%
first mortgage bonds, due 1969, and
$100,000 of 3%% serial notes. It also would issue and sell to Republic
shares
sales,
(no
together
par)
with
stock
common
credit
a
of
$100,000.
Proceeds
of
American
Quotations
The
Republic in the amount of $24,874
Abington, would be used to eliminate
New York
Stock Exchange
(Stocks)
Stock Exchange
(Bonds)
30
New York Curb Exchange
Boston Stock Exchange—
33
$60,000
Chicago Stock Exchange
Cincinnati Stock Exchange
38
of
fees
'
Admiral
L.
C.
and
'
.'
in
expenses
connection
with
its
recent
reorgani¬
•
Treasurer,
June
on
10
that
announced
sales
and
for the second quarter to date are running substantially
first quarter sales and earnings.—V. 169,
p. 1769.
Los Angeles
ahead
This
-
offer
corporation
dated
May
stock
Ohio
Co.
Ry.
were
exchanged
for
•shares
Co.
also
of
reports
Chesapeake
19,958
common,
voting
May
of
Air Line RR.
&
Ohio
shares
during
the
class
A
of
300
ACCOUNT
FOR
FIRST
THREE
1949
Expenses
for
Refund
Net
Loss
$1,607,588
$237,438
$375,456
42,000
105,000
13,500
23,000
taxes
$1,502,588
$693,157
gain on security
transactions
■—4.
Dr2,073,29ltDr7,612,457
——
cash
resulted in
net profit
a
due
for $1,343,355. The sale of the Missouri Pacific
which were purchased in 1929 shortly after the
1949,
organization
of
Alleghany
ghany's books
Corp.
which
and
had
their
at
original cost of par
book loss of $8,955,812.—V. 169, p. 2525.
been
and
carried
above,
on
Alle¬
resulted
in
a
New York, is
offering 1,200,000 shares of common stock
at 25 cents per share. 25% commission is of¬
all dealers.
These securities are offered as a
(par lc)
fered
to
speculation.
HISTORY—The
organized
was
Delaware
in
for
the
of exploring for oil, the acquisition of oil leases, the develop¬
ment of likely oil prospects, and such other
purposes as the manage¬
ment deems to the corporation's welfare.
purpose
OFFICERS
AND
Richard
urer);
President);
PURPOSE—As
securities
DIRECTORS
D.
John
are
Hoge
(President
(Vice-President); W. Evan
(Secretary); Sherman S. Lurie.
Berry
Klock
M. A.
there
offered,
is
firm commitment
no
representation
no
is
for
the
that
made
and
Davis
1
the
net
nection
with
the
stock
common
March 26,
on
On
to
Dec.
Beaunit
the
installation
of
the
of
also
are
interests
ment
to
be
and
deems
for
used
for
to
other
be in
$25,000
the
and
Mr.
drilled
The
up.
acquisition
be
of
oil
at
funds
leases,
the
to
be
cost
properties
general corporate purposes which
corporation's best interests.
the
1949, and $28.42
the
corporation
INCOME
capital stock consists of 4,000,000
Net
bef.
American
Bemberg
*
ratio
The
of
net
current
book
assets
value
of
1949, was $3,762,845 after
ciation and
amortization.
1949,
book
depreciation
was
value of fixed
to
the
Annual
—
Report,
inc.
liabilities
corporation's
was
fixed
1948
the
constituted
and
the
amount
33.75%
of
4.2
assets
deducting $6,176,724 in
provided in
assets
of
to
on
reserves
first
12
$526,958.
the
net
1.
March
for
depre¬
weeks
The
worth
26,
of
net
shbwn
the corporation's bocks at the end of the period under review.
expenditures during 1948 and the first 12 weeks of -1949
Amounted to $1,336,000.
Of this Amount, $940,000 was spent in conon
Capital
aft.
and
dividends
accrued
to
usual
per
j
had
quarterly
stock,
been
June
to
30
dividend
a
on
the
receiving regular quarterly
to and including March 31.
"
share up
on
of
dividend
payable
action
no
•
;
'
;
,
of
this
purchase
company
at
called
for
retiring
17,747
shares
of
6%
before
income
of
1949
$962,860
620,369
331,719
subsidiary company.
8,774
shares
1,089,230
$0.53
share—
common
months
subsidiary,
$631,147
1,176,722
outstanding
___
$766,106
^
common
are
1948
$1,395,249
...
a
stock.
Illinois—Earnings—
taxes
—
per
preferred
$0.56
earnings
included
The
of
in
Ohio
American's
Finance
,
Co.,
figures
for
newly
a
the
of $31.61
share at the end of
per
per
which
had
previously
been
.
STATEMENT
FOR
inc.
per
share-
first
by
1948
$2,810,027
$1.63
$0.72
shares.
common
months
favorable
Stockholders
YEARS
1949
$4,982,048
2,767,580
Woolfolk,
12
tive in Michigan
factor
and
at
meeting
increases
rate
were
Wisconsin,
the
the
June
system
14
which
service
approved
became
effec¬
areas.
by
an
overwhelming
change in the company's name to American Natural Gas Co.
aptly descriptive of the system's new function as an inte¬
natural gas transmission and distribution
system.
With the proposed dissolution of the
parent company, United Light 3s
Railways Co., for which the SEC approval recently was
requested,
as
a
more
grated
American
Natural
Gas
Co.
will
be
the
only surviving holding company
midwestern utility system which at one time
numbered 10 holding
and 42 operating companies doing business in 15
states
from Wisconsin to Texas.
of
a
companies
$4.89
$5.82
$5.72
7,355,036
6,285,043
4,782,715
3,469,638
2,961,031
2,827,760
3,109,762
occupies
11,293,196
10,389,294
9,186,030
8,037,424
common
Net
income
ACCOUNT
FOR
FIRST
before
The company, one of the country's oldest
utility holding companies,
the unique position of never having omitted a dividend
oh its
stock since inception of payments on the issue
back in 1904.
Its emergence as the holding company survivor
of the United
system
Mar.
26/49 Mar. 20/48
$1,299,389
$3,139,181
income
taxes—
and
State
common
*94,367
share
income
profit
$329,600
BALANCE
$1.10
—i—.
SHEET,
MARCH
26,
ceivable (less $12,000 for doubtful accounts!,
$167,103; other accounts
receivable, $78,110; Inventories (at the lower of cost or market),
$3,171,938; prepaid expenses, including insurance
deposits, $167,244; invest¬
advances, $73,227; land, buildings, machinery and equipment
(after allowance of depreciation of
$6,176,724), $3,762,845; total, $13,-
ments and
'
accounts
payable,
$299,488)
other
accounts
$135,017; pay rolls and expenses
$121,228; dividends payable,
(except taxes), $222,597; provision
ture
was
significant,
in
one
the
past
of the
also,
that
most
in
the
view
of
United
the
Light
Light
expressed by Mr.
system's corporate struc¬
opinion
complicated in the industry.—V.
169, p. 2413.
St. Louis Listed and Unlisted Securities
1949
ASSETS—Cash, $3,775,421; U. S. Govt, securities (face amount
$2,232,000), at cost and accrued interest, $2,243,922; trade accounts re¬
LIABILITIES—Trade
is
Woolfolk
209,000
Nil
taxes.:
538,600
Cr36,000
*$58,367
Federal
per
$3.14
WEEKS
12
-
for
accrued
Another
.
52 Weeks Ended
on
Chairman, attributed the improved earnings
largely to the fact that the cost of manufac¬
turing gas in Detroit, Mich., was substantially less than in
the pre¬
ceding year. This was due in part to the ability of the
company to
store natural gas in underground storage wells during the summer
months for use during the winter
period of peak demand.
7,750,331
com.
INCOME
payable,
,
G.
the latest
vote
FISCAL
18 States.—
Co.—Earnings—Change in
April 30—
income
net
share
per
William
assets
sales
439,810.
Earned
capital
Working
Net
Consolidated
in
.
and
2413,
12 Months Enc'ed
share
exercised
170 offices in 135 cities
American Light & Traction
Name Approved—
1947.
-
p.
operates
now
or
the
taxes--
paid
Etc.—
1949, amounted to $7,312,885, and
current
During
1948,
*Net loss.
Corp.
Net working capital on March 26,
[
Earns,
Earnings
t Rogosin, President, on May 19 said in part:
the
prof.
Dividends
Prov.
169, p. 485.
income
V. 169,
into
came
annum
Jan. 1, '49
Dec. 27,'47 Dec. 28,'46
Dec. 29,'45
$14,182,403 $13,228,992 $11,951,844 $11,357,675
2,334,023
2,829,667
2,870,239
2,785,535
taxes
1,464,023
1,729,667
1,737,239
1,050,535
444.104
450,163
484,695
449,050
rales
Profit
promoter, is President, Treasurer
Co., the underwriter of the issue.—V.
value
12 Weeks Endsd—
and director of the corporation. He is sole proprietor of Atlantic Securi¬
ties
book
a
53 Wks. End.
and
(par l cent).
for
company
The company
machines.
Proposed Merger—See Beaunit Mills, Inc. below.
Net
Hoge, the prime organizer and
process
21, 1948, the Attorney General of the United States sold
Mills, Inc., his stockholdings in this corporation and shortly
suspended
the
"direction, management, supervision
and
manage¬
the
CAPITALIZATION—The authorized
shares
will
continuous
new
corporation had
worth
to
wells
of
Attorney General.
Net
$10,000
that
took
issue
cents
acquired in
169, p. 2310.
Number
authorized the expenditure of $2,470,000 for conversion of
the plant to the new process.
This conversion project will
completed before the early part of 1950.
The net worth of the corporation on the books on March
26, 1949,
was
$11,148,957 compared with $10,389,294 at the end of 1947,
The
received
approximately
intended
the
preferred
Net profit
of
fixed
is
by the corporation.
net
25
2205.
Minority interest in
be
Net
It
shares.
the
latter
stockholders
The
Income taxes
48
directors
of
received
declared
7%
21, but
American Investment Co. of
Net
During August and September, 1943, such new machinery
production, capable of producing about 850,000 lbs. per
approximately 6%
of
production capacity.
In
October,
the
be
sold,
oWned,
quarter of 1949.
Net
will
are
of
p.
company
acquired
If all the shares being
proceeds to the company are estimated at
$205,000
after
deducting
underwriter's
discounts
and
commissions
and the estimated other expenses of the issuance and distribution of
proceeds
offered
share
per
securities
in
equivalent to approximately
stock and, after deducting
Quarters Ended March 31—r
3
(Vice-
entire
June
The
payments
the
—V.
.48
Treas¬
purchase of the
were
preferred
$50
9
the
on
viously
48
control"
corporation
of
investments
1948
$20,275
.
„
have tendered 66.762 shares
prices ranging from $7,625 to $9 a
tenders of 23.8C0 shares at prices
not exceeding $9.
The entire amount tendered has been
accepted.
The company plans to use the
stock, together with other shares pre¬
48
thereafter
'
'
taking
31,
convertible
June
on
record
NOTES—Three
not
Ave.,
$49,897
security transactions.
liquidation
stock.
Earnings
part
Allied Western Oil Corp.—Stock Offered—The Atlan¬
tic Securities Corp., with offices at 699 Madison
3,34a
American Ice Co.—r66,762 Common Shares Tendered—
of
bonds
$8,740
to
March
of
share
of
Common
Capital Flotations for Month of May, 1949
Crl39,145 Crl,755,771
at
1949.—V. 169,
include
$1,854,168 received in 1948 as interest on bonds
railroad companies in reorganization, applicable to
periods prior to
dates of acquisition of such bonds by this
corporation. tSales of securi¬
ties, other than Missouri Pacific RR. 5 V2 % convertible bonds due 1939,
44,502
__i—r
of
basis
share
directors
common
to
Condition Statement of Member Banks of
Federal Reserve System
$352)456
$231,939
$86,156
expenses.
In
per
holders
/'
|
Combined Condition Statement of Federal
Reserve Banks
;
or
not
$1.75
28
Foreign Exchange Rates
Cr8,051
income
♦Does
28
Dividends Declared and Payable
of
79,085
American Hard Rubber Co.—No Common Dividend—
The
46
The Course of Bank Clearings..2
47
Redemption Calls and Sinking Fund Notices__48
222,825
_
portion
Federal
213.609
taxes
—
on
1940
$598,282
207,243
$735,157
Federal
income
on
45
,
1946
22,145
$68,122
$2.91 per common share.—V. 169, p. 1.
General Corporation & Investment News.Cover
State and City Bond Offerings
58
1947
10,312
$120,777
66,080
over
the
assets
per
share.
$451,047
18,208
43
Miscellaneous Features
208,339
income
Prov.
1948
$943,496 *$1,814,831
<
1946
$45,971
$110,465
2,434
giving effect
preference
42
MONTHS
net
$112.34
42
i
(Including Terminal Shares, Inc.)
Quar. End. March 31—
Income
*
the
41
preferred stock.
INCOME
Net
operating
Stock and Bond Averages (Dow-Jones)___
37
National Quotation Industrial Stock Average.37
of The Pittston
1,200 shares of
and
common
May
of
shares
1,000
common,
of
month
Exchange
Exchange
Transactions New York Stock Exchange
Transactions New York Curb Exchange
stocks of Investors Diversified Services, Inc.> and sales
voting trust certificates for 2,500 shares of Seaboard
common
during
purchases
Stock
Stock
Toronto Stock Exchange—Curb- Section
Over-the-Counter Markets
common stock,
plus cash
Chesapeale & Ohio common stock. As of May 31, 1949,
outstanding 384,563 shares of series A preferred stock hav¬
ing a net asset value of $82 per share and 49,433 shares of prior
preferred stock having a net asset value of $725 per share. The cor¬
were
poration
Francisco
Montreal Curb Exchange
Toronto Stock Exchange
shares of Chesapeake &
adjustments in lieu of frac¬
47,662
inc.
NOTE—On
San
tional shares of
there
♦Without
40
"
1947
,
1
40
Stock Exchange
1943
$90,259
expenses
40
Montreal
its prior preferred stock were exchanged for 9,334 shares of
Chesapeake
As Ohio Ry.
Co.- common stock, and 31,816 shares of its series A
preferred
Operating
of
762.
$72,051
Interest paid to banks—
♦Excess
dividend normally
of $1
per
share
the
40,846
3S
39
39
on
distributions
last year.—V. 161, p.
$127,002
income
St. Louis
13 reported that pursuant to its exchange
during the month of May, 4,169 shares of
1949,
Exchange
Exchange
Stock Exchange
$15,872;
$104,148
22,854
-
earned on bonds
Total
Philadelphia-Baltimore Stock Exchange
Pittsburgh Stock Exchange
June
on
5,
Int.
38
v
Alleghany Corp.—Exchange of Stock, Etc.—
•
Stock
Detroit Stock
earn¬
ings
of
Cleveland
Corp.—Sales & Earnings Continue Higher—
Park,
29,
1949
-
stocks-:.
on
(Dr),
Corp.—Earnings—
Quar. End. Mar. 31—
Dividends
38
action
deferred
Semi-annual
and Dec.
28
American General
to make a pro rata prepay¬
ment of $500,000 on its outstanding notes due Oct.
.1, 1953; to make
$80,125.71 of advances to two subsidiaries for construction, and to pay
zation.
15
29.
June
June
on
11
New York
June
on
about
made
were
retirement
Dredging Co.—Dividend Action Deferred—*
directors
payable
Page
such
from
representing an amount owing
Abington's indebtedness to Republic.
Republic proposes to use the proceeds
"
of
class A preferred stock in treasury, for
total, $13,439,810—V. 168, p. 2677.
owed
Insurance
10,000
MISCELLANEOUS
-
for
Federal
and
State
Edward D.Iones & Co.
Established 1871
t
300 North 4th St., St. Louis 2, Missouri
•
Members
New York Stock
.
'
Exchange
'
Phone
St. Louis Stock Exchange
s.
-t
CEntral 7800
Chicago Stock Exch.
Chicago Bd. of Trade
Bell Teletype h
Ne# York Curb Exchange Associate
8L 593
■V
;1f:>
;
■
'c, *
/:•
•;V' i
(2634)
2
*
COMMERCIAL
THE
CHRONICLE
FINANCIAL
&
Monday, June
*
-r-
4% bonds, due July 1,
in principal amount of
the Securities
Modification
Plan, dated April 20, 1949. the company on June 10
declared
the submission period closed for the making of assents or
revocation of assents by said security holders to such modification plan.
1948,
Vice-President and Treas¬
urer
and Stanton S. Faville, Secretary and General Attorney.
They
succeed to most of the offices formerly held by Henry Tuttle, who
has become Executive Vice-President of the subsidiary, Michigan Con¬
16 elected P. W. Sharp
The directors June
Gas
solidated
holders
to
The
says;
class
each
of
mortgage
2nd
1st
&
of
of
more
holders
than
75%
Vice-
McElvenny, Financial
Vice-President.—V. 169, P- 2094.
Ralph
Fink, President;
President, and W. F. Douthirt,
T.
on
.1
corporation
This
t
Delivery of
to
service
the
—V.
169,
kwh.,
9.13%.
or
1949, the System inputs of subsidiaries
258,755,000 kwh., an increase of 21,651,000
corresponding
the
over
of last year.—V. 169,
week
President
Nagle,
First
the
of
National
Central
and other corporations.—V.
America
of
& Telegraph
Telephone
American
Co.
the
reached,
of
first
this
represents
and an
year
13,
June
on
The
new
Provision
for
'
^0.
„
Net
Whcelabrator
Dividends
investment company, and its industrial subsidiary,
have applied to the SEC for authorization to
Sharing
Profit
-
until
persons
24
June
request a
to
Companies)
surrender
176,863
of
Notes
standby
and
limit
stockholders
of
payable
view
In
of
action
directors
31V*
the
cents
payment
is,
sidered
sold,
1949
from
—V.
169,
on
1948.
to
month
preferred
glass
A.
much
very
month
the
on
window
dividend
made
was
in
however,
business
will
and
stock
Period End. May 31—
$264,32&L
$1.55
$0.95
.•
Total
for
May
on
S.
in the
the
24,
this
for
increase
to
$2,500,000.
window
A
glass
March
on
stock
increased
from
June
$9,736,999
account of the entire
of
$21,088,255
effective June
It
will
be
I
taxes.,,
William
balance
companies;
■
He is also
a
has
shares
of
for
elected
a
H.
Fanning,
of
elected
2,372,050
con¬
which
that
the
I
,
;
an
^a^a^e
The^ommercial
sheet
consolidated
March
at
31,
March 31,
at
American
Corp.- and
by transfer
A
sheet
under¬
•
•
.
and
North
provides
for
of
of
shares
two
to
capital
a
director of
be
each
stock
share
The
r
of
of
Mills
Beaunit
of
An
proposal
is
amendment
to
Under
to
preferred
new
Bemberg common
be
submitted
Beaunit's
stock
will
Aug. 2.
on
the
be' called
the
of
15
1949.
169,
The
June
decided
19
the
on
each
to
The
to
stock outstanding,
stockholders
of
been
—
articles
be
of
incorporation
considered
at
a
American
1.
2311.
"
the
dividend
ordinarily
an
extra
of 25
cents was
paid on
Sept. 20, which brought total payments
on
v
T
1949—5 Mos.—1948
"
"
'
3Vi%
at
"
r
$60,385,189
-
first
mortgage
bonds
special meeting June 23
a
hydro-electric
of
St.
Quebec Hydro-Electric
Timothee,
this
Quebec,
due
James
the
Wilson,
the
will
;:
will
1972
vote
well
as
the
of
'
"
;
to
au¬
horse¬
River
joint subsidiary
Water & Power
"
;■
•
asked
28,000
a
Lawrence
St.
Shawinigan and also Canadian Light &
dissolution
station.
redeem
will be
owns
the
on
The
plan
$2,519,700
in
calls
plan
also
5%
for
provides
first
scrapping
the
of
Hydrobonds of
that Quebec
mortgage
gold
subsidiary
company which .mature this year.
Y
Hydro-Electric, in turn, will receive all immovable assets of
Light, including the generating plant and transmission lines,
Quebec
Canadian
$88,000
as
Electric
in
that
Timothee
Electric
'
President
disclosed
St.
plant
Canada.
The company is a
Commission and Shawinigan
.;
•Power,
which
company,
generating
Co.
will
also
the six
now
held in trust for the bondholders. Quebec Hydroall the benefits of the company's operations
receive
months
ending July 1, 1949.
of Canadian Light's outstanding
33,248 common shares will
company's remaining assets after provision for curren£
legal expenses and other costs, including wage termination
.the
settlements with employes of lor.g service, Mr. Wilson disclosed.
It was
estimated that common stockholders would get approximately $25 to $27
share
*
*
.
their
for
*
♦
♦
-
holdings.—V.
v
-
-
160,
;r
■
of
..
redemption.—V.
Steel
169,
p.
"
798.
commission
,
1731.
p.
*1
t
'
u'•
"
I-
" ""•
'T"
'
*•
the
W.
Grace
stock,
nails
has
W.
Executive
The
drop
and
South
Boston
Annex
of
the
Boston
USS
class
of
has
the
forgings,
horseshoe nails.—V.
appointed
*
;
i
*
?
-
(' 'i
H fr
'!
f
••
.,
\,
-
President,
suc¬
Sales
Director of
complete
drop
169,
p.
line of
hammers,
forged
band
and hack-saw
flat
precision-ground
.products,' foundry
2526.
,
chill
'
Capital Transit Co. (D. C.)—Parent to Sell Holdings—^
Navy Yard
Newport
News,
on
17,000-ton
the
stock
North
interest
American
in
Co.
has notified
Capital
owns
Transit
109,458
the SEC of its
proposal to sell
%
Co.
shares
or
45.61%
of
the
;
240,000
•
out¬
shares of Capital Transit capital stock ($100 par)., and .has
arranged for the sale of its -holdings to nine non-affiliated persons
for an aggregate consideration of $2,189,160, or $20 per share.
*
The purchasers
(and shares to be acquired by each) are L. E.
standing
cruisers,
remittance for foreign subscriptions and.advertisements must be made In New York funds.
j
'
the
as
President.
a
machinists'
special
-
been
-
-
the
to
and
The North American
by the USS Des Moines and
gives its name to the three-ship
*
to
'
appointed
who
manufacturers
carpenters'
"
Assistant
been
Clark
Assistant
company
blades,
its
at
Capewell Manufacturing Co., Hartford, Conn.—.
ceeding John
Co.—Mighty Trio of Heavy Cruisers
Preceded
Salem
(The)
Appointments—
U.. ,SuPatent Office)
of exchange,
non¬
stock, par $1.; Quarterly
up
to and including
1949—Month—1948
of
and
authorize
Beaunit
to
meeting
USS
May .14-
15 to holders of record July 30,
rates
$6.21
1949
in
made
Brothers—May Sales—
the. dissolution
power
P.
North
Salem, third and,last of a mighty trio of heavy cruisers,
has joined the. fleet. Delivered to the Navy on
May 9 by this company's
Quinoy Shipbuilding Division at Quincy, Mass., she was. placed in
initial dividend of 10 cents per share
■
1,665,208
$4.55
the
omit
common
had
addition,
15 cents
stockholders
thorize
a
Completed—
has been
late F. E. Vigor.—V. 169, p.1986.
account of,the fluctuations in the
1,228,264
includes
1443.
p.
15
June
cents
In
holders,of
no*
.plan, the present American Bemberg preferred, stock will
for
Bethlehem
1938,
Initial Div
American
Rayon and American Bemberg at meetings to be held Aug.
Mfg. Co., Stamford, Conn,; The
Co., Cincinnati, Ohio.
He is
since
$2.06
dividends which
$9,004,822 $10,776,984 $48,316,338
Holders
$1.25 cumulative convertible preferred stock (redeemable at $25 a
share) for each share of North American Rayon common stock issued
and outstanding, and one share of the Beaunit preferred stock for
corporation.
this
552.530
$1.15
preferred
$17,638,416
par
capital
outstanding
312.977
of
.
1949—9 Mos.—1948
$18,227,981
to $1 per share.
p.
liabilities,
Corp. was approved at a meeting
companies on June 16.
exchange
together
cash,
payable in cash or in
was
$5,938,646
share.
taxes.—V.
19,
receive
the three
the
in
cents
30
of
which
Proposed—
•
:
of American Bemberg Corp., Beaunit Mills, Inc.,
Rayon
on
1330.
1049—3 Mos.—1948
at
.
merger
a
American
boards of directors
share
per
Canadian Light & Power Co. of Montreal—Dissolution
also
in which
.
•
cents
18
July 8 on approving an extraordinary resolution to sanction a change
in the provisions of the trust deed dated June
l, 1947.—V. 165, p. 2408.
in
'
cents
169, p.
___•
com.
payment
income
The
•„
1949 includes
1948
Bemberg Corp.,
.
dividend
a
55
of
to
on
Calgary Power Co., Ltd.—To Amend Bond Provisions
income and surplus from Dec. 21, 1943 to such
date.
per
'—V. 169,
investment in capital stocks of
plan for
and
the.
and, Financial Chronicle. (Reg.
.
the
holders of record June 22, 1949.
April 1, last, and is the same as
quarters of 1948.
For
the fourth
1
three
of
option.—V.
income
Butler
were
of
dividend
a
$5,498,047
t
A
by
offered
be
may
(Continued
on page
William B. Dana. Company, Publishers, 25 Park Place. New York 8, N. Y., REctor 2-9570.
Herbert D. Seibert,
am ^ana ®e^er^' Presldeht; William' £>. Riggs, business Manager.1 • Published 'twice a: week '(every Thursday (general news and advertising ,issue) ;wl,th.a statistical issue
offices:,
135. £.> La. palle St., Chicago 3, 111.
(Telephone State 0613) i 1 Drapers' Gardens, London,
E. C., England, c/o Edwatds & Smith.
£opypght 1949, by William B.: Dana
^ second-class matter Fdbruary 2S>, ,1942, at the post office at New York, N. Y„ under the Act of March 3, 1879.
Subscriptions in United StjatesM iU. S., .possessions, Territories
American Unioh;'$39.00 pei* year; in Dominion'of Canada, $38.00 per year.
Other Countries, $42.00 per year.
;
'
•,'
'.Y.-m
v
$31,821,309
Co., Inc., Gaynor, Clemence & Co.",
Hincks Bros. & Co., Inc. and T. L.
made
paid
Period End. May 31,—
$70,194,980 $20,668,299
.
$2,790,641
company's
stock
Associated Chain Store Realty Co., Inc
I
1949—5 Mos.-r-1948
$6,683,922 $35,235,261
shares
July
first
Sales
savings notes of $672,800
tRedemption price $2,097,810 at
balance
were
Rayon
holder's
and one of
1
13,048,805
pot exceed $1 per share in any fiscal year, without the consent of the
Mos.—1948'
1949—4
$2,909,430
common
Vice-President
Vice-President to succeed the
lOlO^v Ci5p'a^
600
can
2094.
p.
,
declared
was
the
up
407,605
1,084.096
plant at Coosa Pines, Ala., is subject to a mortgage securing a
note of $4,000,000.
The capital stocks of North American Rayon Corp.
and American Bemberg Corp. owned by
the company are pledged as
collateral for notes aggregating $10,500,000.
"
Under the loan agreements, dividends or distributions of assets to
stockholders are restricted to earnings after March 31, 1949, and shall
Co., Cincinnati.
Assistant
The directors have declared
169,
436,700
3,000,000
5,145,157
15,765,852
*—
1948.
of
Dec. 20
The
Central Trust
also President of Mitchell Steel
Frank
the Air Force "in the
pounds, and it
125,000
pounds.—V.
,
Merger Plan Approved by Boards—
$792,389
$32,694,960
been
and the
is
1936.
payable
in 1943
property, plant and equipment are $2,375,031 net excess
North American Rayon Corp.
and American Bemberg Corp. over the equities in book amounts of net
assets thereof at date of acquisition by Beaunit Mills, Inc.; said excess
amount is being written off at the rate of $150,000 per year
the year.
Payment of
dependent upon improvement in
the company's current position."
director of Yale & Towne
Lunkenhelmer Co.
by
20,000
over
of
p.
sales
March
1,050,337
1,907,100
14,724,145
—
—
—
have
stock,
distribution
distributions
**
•
statements
Included
earned
surplus account.
1949.—V. 169, p. 2525.
Mitchell
placed
Investing Corp.—18-Cent Distribution—<
The directors on
payable on or about
1,006,691
depreciation of $30,011,284 in 1949 and $7,617,-
consolidated
American
of cost of
Steel Corp.—New Director and Vice-President
H.
and
external
Burd Piston Ring Co.—Dividend Omitted—
$1,212,015
-6,201,994
—
:
par_
$3,021,200
1949.
stockholders
Armco
169,
$70,194,680 $20,668,299
14,700,000
surplus
at
'
1, 1949. No
stated: "This
and
31,
and
1949
$1,269,706 carried in capital surplus and transfer
The
changes became
from
20,
little
with
recurring net income from the sale of capital assets in the amount of
$101,089, equivalent to 39 cents per share. tAfter all charges and Fed¬
,
throughout
be
in
authorized
14
to
balance
Street
each
♦After
acquired Dec. 21, 1948. The financial state¬
ments included ior the new subsidiaries are balance sheets at March 28,
industry
by the
distribution
President,
board
1949—Month—1948
1,634.748
achieved
powerful
development
dimensions
.
the corporation
♦Earns,
„
an
most
extended
general
1949—Month—1948
further dividend
a
tNet
tAfter deducting U. S. Treasury
subsidiaries
It
the
the
as
an
(E. L.) Bruce Co. (& Subs.)—Earnings—
1
—
■:
controlling interests
Archer-Daniels-Midland Co.—Stated Capital Increased
directors
of
Period End. Mar. 31—
341,316
3,300,000
——
NOTES—The
the
.North
the
in
—
'
and
1949
March
Dividend—
on
an
preferred
issue
the
1
—...
U
134 in 1948.
spent.
until
taxes
1949.
Crandon,
before
at
and
♦After allowances for
material,
including
$1,000,000
on
•
$711,330
The
been
weight
Ramsay &
Scranton & Co.
directors
in
Net
109,752
—
income
surplus
169, p, 1986.
represented by
has
Smith,
W.
capital
paid
91,557
120,348
(par value $2.50 per share)—_
Earned
Angerman Co., Inc.—May Sales-
—V,
is
the same
t
bomb load
Co.—V.
similar
quarter
182,076
$2,937,207
2,172,209
lenders.-
Gales
described
country,
$7,065,177
viz:
&
The
A
8,086,414
policies
———
etc
stock
256,300
2.
p.
Stratojet
■
unsubscribed
Broad
5,034.612
subsidiaries
stock
$58,537
approved
uncertainty
the
meeting
made
from
the
on
share
per
was
subject
dividends
prevailing
)
_
the
of
power
will give the Stratojet a total power potential of
pounds of thrust, when using its six J-47 turbojets
takeoff rockets;
•
,
•
<
2094.
p.
Chas.
Watson
193,527
3,622,382
32,019,143
(noncurrent)
4:85,110
taxes-
deductible
not
April 26,
indebtedness
their
at
The
$3,347,978
509,909
surplus
$0.02
on
taken
was
total
engines
1943
12,629.346
—
insurance
interests in subsidiary
Common
was
announced on May 31 that arrangements are now being com¬
pleted ior a 10-year loan of $2,000,000 from four Insurance companies
at iV2%, with certain dividend restrictions.
no
'
—
by
Capital
i
expenses
authorized
Air
Division.
Stores, Inc.—May Sales—
169,
,with
5,081,864
payable
$520,620
Arranges Private Loan—Defers Action
The
8.
Bridgeport (Conn.) Hydraulic Co.—Rights—
$6.24
31
hand— $13,009,861
6,167,476
int.
liabilities
t Preferred
12,058
labor,
and factory expense, but before deducting depreciation, furnace repairs,
and
standby
expenses.
tDisregarding
arrears
on
preferred
stock.
tAfter allocating $9,245 to future periods applicable to provision for
repairs
1,740,730
MARCH
657,032
payable during, 1949—
$508,562
,
products
life
of
payable
$0.34
income
profit
Earnings per preferred share
tEarnings per common share
ccst
two
engines
U.
Rights to subscribe for 36,000 shares of capital stock (par $20) are
being issued by the company to holders of its common stock of record
'June 6 which rights will expire at 3:00
p.m.
(EDT) June 30, 1949,
1,755.317
accr.
——
$143,647
*
taxes.
value
tProvision for Federal
223,841
Brl,831
Net
deducting
the
power
-
144,439
charges
Notes
189,954
257,675
(net).
income
J-47,
this
performance
——
—V.
$5,921,053
1
and
Total
Common
♦After
Sales
6.065,542
472,518
....
SHEET,
on
and
cost
Divs.
103,390
expenses-
for Federal and State
at
—
patents,
Accounts
138,573
..
before
of
one
for -the
48,000
normal
Bond
3,786,000
_
BALANCE
■_
receivables
Accrued
1948
$1,025,747
$145,478
Profit
in
Period End. May 31,—
,
Inc.,
$4.57
i—
share
obligations,
expenses
Minority
Provision
a
writers,
minority int.
to
.___
common
LIABILITIES
1949
and standby
general expenses
Other income
built
engines
approximately
of the Stratojet is
hour class." Its gross
per
314,000
4,930.692
receivable, less allow, for dbtfl. accts.
Formulas,
;
$718,590
repairs
and
in
higher
new,
being
raise
new
speed
Top
eral
—
Depreciation
Furnace
will
the
turbojets
the
now
(Kansas*
Electric
has
higher
new
165,750
♦Land, buildings, machinery and equipment:
Co.—Earnings—
3Months Ended March 31—
Selling
applic.
cos.
deposits in banks and cash
Deferred
Cash
Wholly-Owned Subsidiary
(Including
of
production
its-assisted
,and
.
1949
Govt,
Prepaid
1948.
American Window Glass
profit
J-47
B-47's
J-47's
Each
and
than
337,596
.
Inventories
Wheel-
of
S.
hearing upon the amended plans.—V. 166, p. 1782.
♦Gross
sub.
paid
per
Accounts
thereunder which
reorganization
corporate
interested
given
has
SEC
October,
In
successor
the
U.
to modify the bases for the
in order
distortions of benefits
any
from
result
would
taxeis
CONSOLIDATED
Demand
amended Key Man
an
-
prevent
to
as
abrator's
The
and
Plan
Wheelabrator.
so
/
weight increase.
or
The
mere
stock
amended
G.E,
new
in
shape. The
144.040
income
Equip Planes With More
service' test
Boeing Wichita
General
new
J-35
change
..the
Wheelabrator
otherwise
195,464
payable-
state
of
Corp.—Profit
Equipment
&
amendments are proposed
The
plans
$8,445,646 $10,503,138
—
ASSETS—
York Corp.,
Plan of
92,304
$4,458,174
Net income
Sharing Plan—
an
•
•.
Electric
production
25%.
engine
the
of
,
1948
396,963
income, before deduction of minority int.
*
First
<
*
2,629,626
-
......
notes
on
Earnings
adopt
than
The
jet
$8,048,683 $10,410,834
income
income
To
—
develops more than 5,000
pounds of thrust, compared with 4,000 pounds of thrust per engine of
the earlier J-35 turbojets currently installed in the
swept-wing bomber.
675,262
deductions
Other
number of A. T. & T. shares held is around
Among the new stockholders
added so far this year, the average
holding is 12 shares. More than 230,000 stockholders own one to five
shares.—V. 169, p. 2413.
American
Gneisenan.—
and
increase
two years.
The
average
American
the
carry
1.114,732
.
gain of 35,000 stockholders since
of 100,000 holders in the last
a
the
of
3,009,700
stockholders has
& T.
at
more
YEARS ENDED
Number of
—
with
31
depreciation..
income
Total
T.
announced
company
total, an all-time high,
the
for
Operating
Interest
in the number of A.
mark
800,000
been
now
INCOME ACCOUNT FOR FISCAL
the
Use
to
3,060,525
Stockholders at All-Time High—
The
amounting
1949
Other
in
use
Force
$46,205,031 $41,093,463
33,981.091
27,377,746
<
for
miles
MARCH
.
Installation of General
experimental XB-47's will
period.
Provision
1442.
169, p.
Scharnhorst
are
class
size
on
,.,
same date
New York
Co., United States Steel Corp., Prudential Insurance Co.
RR.
they
Alaska
June 4 announced that the Boeing XB-47 Stratojet,
holder -of the nil-type transcontinental record at an average speed of
607
miles an hour, is to be equipped with even more powerful jet
engines.
-
.
earnings
of
Bank of the
this company,
New York, has been elected a director of
Joseph F. Abbott, President, announced on June 15.
Mr, Nagle also is a director of the National Biscuit Co.,
of
retention
the
Board-
American Sugar Refining Co.—Banker on
C.
and
$4,682,000
Co.
Engines—
The company
The book value of the common stock was $19.93 per share
CONSOLIDATED
Alexander
City
for
year
year
2525.
p.
,
.
last year.
$17,200,000 from the At¬
torney General of the United States, 6,175 shares of $100 par value
preferred stock and-45% of the outstanding common stock of American
Bemberg Corp., and 52% of the outstanding common stock of North
American Rayon Corp.
These purchases constituted more than a ma¬
jority of the voting stock of each company.
In connection with the
acquisitions the company borrowed $10,500,000 payable over a four-
ended June 9,
week
the
For
of this company amounted to
-
March 31, 1949 compared with $17.40 the
The company purchased for approximately
Co.—Weekly Input—
American Power & Light
Powerful Jet
Report—I. Rogosin, Presi¬
on
1217.
p.
ships,
the
■
Boeing Airplane
V6
from
arose
$2,718,000.
flagship in passenger service on Aug. 17.
plans to place its new
*
compared with $16,504,951 on March 31, 1943.
The
the sale of 251,180 shares of common stock during
$23,911,009,
increase
Flagships will be scheduled initially on non-stop
between New York and London and New York and Shannon.
AOA
of
„became effective March 23,-1949.—V.-169,-p. 2310.
.
capital and surplus of the company on March 31, 1949 amounted
The
June 13 took delivery of its first-double-deck
(costing $1,500,000) from Boeing Airplane Co.
on
capital
"compares in
class
Bigeiow-Sanford Carpet Co., Inc.—Reduces Prices 5%
,
Stratocruiser
The
the
General Electric
powerful
"heavy"
*
i
Beaunit Mills, Inc.—Annual
Stratocruiser—
Stratocruiser Flagship
'
Of
cruisers
Alaska
"pocket-battleships,"
,
class
"battle"
The
hp.
most
The corporation on June 14 announced an average cut of 5%
In
the fall prices of its woven line of carpels.
This latest price reduction,
effective
June 15,
is in addition to a price decrease of 2%
which
nig—A secondary distribution of 15,000 shares of com¬
mon stock
(par $5) was made June 15 at $12 per share
by Emanuel, Deetjen & Co. Dealers discount 65 £ents.—.
V. 169, p. 1986.
dent, on May 18 said in part:
First Boeing
cruiser
three
and
»
company
Overseas Airlines, Inc.—Takes
entire
tons.
by 30,000
heaviest
*
According to James E. Mooney,
financial condition.
The balance
American
the
the
27,500
2307.
p.
the
by
powered
are
are
J
Passenger Service—
Automatic Canteen Co. of America—Secondary Offer-
July 1 will vote on a proposal to dissolve this
because of declining business.
President, the company is in good
sheet as of May 28, 1949, showed
total assets of $7,167,378, which included $2,419,855 in cash, $939,936
in U
S. Government bonds and $784,649 in accounts receivable, less
reserves of $29 350,
Outstanding capitalization will consist of 339,970
shares of $10 par common stock after redemption on July 1, 1949, of
the outstanding $304,000 preferred stock.—V. 167, p. 645.
stockholders
166,
which
In
only
German
V.
when it begins
freight carrier.
company,
,
Dissolution—
America^ Oak Leather Co.—Plans
The
the
independent operations July 1. will
be exclusively a
Permission to discontinue passenger
service between' Portsmouth and Danville, Va., has been granted by
the Virginia Corporation Commission.—V. 168, p. 1794. /
This
afloat.
which .displace
y
To Discontinue
capaci¬
Chair¬
American Light continue in their same
They are William G. Woolfolk,
Henry
68-year-old
cruisers
of
turbines,
Outweighed
-'
having assented to
securities affected
the
all
vessels,
propulsion
Co.
Four other officers of
ties with American Natural Gas.
man;
notice
A
& Traction Co. above.
American Light
See
The
Received—
Atlantic & Danville Ry.—Assents to Plan
Name—
Aroerican Natural Gas Co.—New
7)
Editor
on
and
aud
Publisher;
MonaayJ.
Company.
Members
Other
Reentered
of
Pan-
j,
Volume
169
Number 4813
THE
The
ing of $682,222,190 and
ported for May 1948.
i
The
with $385,639,624
compares
i
'i
\ i
-
'
<
-
of
re¬
"'!• i ,/■
.
$4.50
severe
of
the;
May,
1947.
.,
May
,
..
.
,
j
,
.
CORPORATE
Capital
;
New
$
i
January
$1,183,976
May.
Ctfs.
1,993,169,000
1,993,169,000
1'
U.'
1
Tax
Eelow
we
6,892,104
$14,147;921
!,
1947, showing the different monthly amounts
rate
financing
be
may
Revisions of the
1948
particularly
necessary,
and
MONTHS
1949,
1948
AND
$
261,409,489
186,843,822
312,323,947
372,124,374
2,590,000
374,714,374
547,880,788
14,091,516
quarter
561,972,304
29,260,000
422,501,331
604,461,395
]L,096,360,233
1,524,466,557
1,056,250
682,2^2,190
562,725,792
31,250,000
1,048.709,533
326,179,400
97,041,541
6,166,077,980
5,397,180,000
768,897,980
906,673,000
905,859,000
902,625,000
900,656,000
6,017,000
905,248,000
611,000
906,999,000
906,999,000
91
day Treas. bills
day Treas. bills
91'
Treas.
day Treas. bills
91 day Treas. bills
1
Ctfs.
1
1
902,496,000
Antic'n
589,641,955
701,502,936'
113,723,057 !L,638,189,614
7,438,967,000
901,529,000
Treas. bills
903,512,000
903,512,000
'900,810,000
962,656,000
900,810,000
91
day Treas.
bills
91
day
Ctfs. vof
U. S. Savings bds.
Depositary bonds
Apr
1
indebt.
902,103,000
962,636,000
454,202,158
454,202,158
12,613,000
notes
262,293,400
262,299,400
i
5.299,724.558
4,570,610,000
801,987,000
801,107,000
900,330,000
880,000
May 12
91 day Treas. bills
91 day Treas. bills
May 19
91
day Treas.
bills
801,748,000
425,000
91
day Treas.
bills
U.
S.
Antic'n
Tax
Total
for
5
April
May 26
Total
:
►
Savings bds,
Antic'h
Tax
i
1
•-
Total
1452,148,250
•
for
681,165,940,
;
May.——
294.929,400
——
for
five
901,180,000
June_
612,938,292
382,349,500
381,550,874
4,088,750
385,639,624
217,916,667
319,497,872
624,094,427
523,297,778
213,807,327
,
:
80,964,460
'
325,369,600
4,173,248,066
3,404,365,000
30,211,473,000
34,165,492,358
768,883,066
3,954,019,358
i
,
January—!
'537,414,539-
Certificates J
1
r-s
—
months
5,543,500
w_—
325,369,600
•INTRA-GOVERNMENT
465,313,960
,
3,344,000
433,320,966
i 5,543,500
!
—
i
t
l'f03G,360,331.
50,212,500•
729,114,558
433,320,966
•
notes
,
,
May
Total
368,444,693
,217,^67,388
139,824,303
1
May
<>
802,173,000
904,524,000
Depositary bonds—
May
,
.$
„
900,330,000
'
FINANCING
Issued
April—
806,442,855
12,613,000
May
j
!
277,783,073
bills
1
private
30,923,566
760,577,258
202,275,400
2
901,529,000
902,103,000
day Treas.
1
corpo-r.
107,035,204
.
7,897,500
»
8,245,409,855
91
Apr
1 -
Refunding
"
$
:•
i
202,275,400
,91 day Treas. bills
7
589,641,955
„__
7,897,500
notes
Apr
Apr
"
902,496,000
2,920,943,000
;
S.
Tax
902,625,000
2,920,943,000
Indebt—^
of:
Savings bds,
-Depositary bonds—
U.
Apr 21
/
First
4
bills
91
May ,1
New Capital
435,591,117
Februany—1
3,135,000
figures
r."
$
238,267,785
164,159,400
notes.;
day
1947
Total
Refunding
3,135,000
'164,159,400
Antic'n
91
Apr 28
f1947
$
47,650,700
on
additional
as
fJ948
Capital
"
1949
financing is brought to light.
BY
599,139^580
for
Apr 14
*'
956^000
599,139,580
Savings
Total for March
$1,104,689,404
~
bdsi
S.
3
Apr
tabulation of figures since January
a
indebt.
Depositary bonds—
Mar
341,9^7,613
'
present
of
Mar
190,274,163
$1,090,541,483
1,295,000
•
1
Mgr 31
«175,490,232
681,905
"Figures revised.
7,095,700
383,241,331
i—~
900,224,000
bills
204,073,331
1,109,217
,
i
231,172,035
March
4,230,719
335,065,509
„_
______
434,296,117
;
February
801,248,000
901,180,000
i,508~000
901,433,000
801,248,000
$192,894,065
199,792,612
174,381,015
_i_
®
.
902,941,000
Tieas.
Mar
189,592,258
——
—
Total
FIGURES
Total
S
bills
Tre'as. bills
day
Total
Refunding
$191,710,089
L,
r—~
Refunding
$
T>-eas.
day
91
•Mar
$341,957,613,
(
*194»
day
91
Mar 17
43.8
March
801,106,000
Mar 24
190,930,937.
April
801,106,000
MarlO
35.0
i
during
bills
-91
Mar
25
$
^
day Treas,
10
Total
32.0
83,400,000
January
91
40.0
135,399,000
New
-Feb'
,
gregating 5514,332,000 and 38 stock issues of which 14
were
preferred accounting for $47,335,800 and 24 were
common totaling $120,554,390.
The principal issues for the month were $40,000,000
Radio Corp. of America 3% promissory notes, 1,500,000
New
Retired
$
Net Issued
$
»
5,700,000
95,570,000
$89,870,000
162,743,000
27,285,000
135,458,000
168,443,000
122,865,000
45,588,000
39,000,000
7,000,000
32,000,000
42,325,000
30,140,000
12,185,000
81,325,000
37,140,000
44,185,000
260,000,000
53,958,000
J.49,000,000
111,000,000
43,140,000
10,818,000
"313,958,000
192,140,000
121,818,000
145,037,000
+ 145,037,000
—i
'
—w—
Second
——1_
<
L
.
-
|
r
____;
,—j,
83,198,079
Notes
737,105,105,
1,123,563,945
614,269,659 1,737,833,604
Total
1,884,141,203
892,052,732
'February—
503,G30,336
2)776,193,93^
«
•
quarter—.
494,500,121
125,726,255 *
158,250,417
112,461,407
458,744,588
,25,757,281
484,501,869
265,676,364
122,187,231
387,863,595
42,572,016
1,264,307,881
918,426,902
360,374,893
1,278,801,795
239,493,152
4,525,169,838
2,802,568,105
,
270,711,824
259,360,941
—
_i—__J_.
January
620,226,376'
261,450,941
!.—____
„
•
.
518,355,071
2,090,000
4,285,67G,686
September—
1
for
Certificates
14,724,735
.
_—1
—-
,
_a
:1,622,672,343.
1,221,735,865
•
'
196,921,136 ! 3,260,861,957
3,063,940,821'
/
''
August-—
Third
j-
.
28,896,829
1,539,474,264=
;.-L—W-;
'
July.
595,197,598
—
quarter—.
months
Six
1
;
;
Total
for
February
March—=
''
Certificates
Nine
months—.;—
October.^
;
November.
—
December
,
j.
—
L.
—
•-'
4.4-'
■i
—.—
Notes
;
'
628,499,165
442,924,576
627,498,105
.4——
'
1-4—'.
4
1,252,427,625*4;054',995,730;
*
'■ '•
■
—
4—
18,743,019
647,242,184
15,600,000
458,524,576
474,476,470
87,318,960
3,221,860
630,719,965
946,003,815
69,701,999
37,564,879' 1,736,486,725
2,028,477,908
607,997,623
;
77,422,920
T6tal for March—)
685,420,543-
quarter
—
*
*
1
t
*
1,698,921,846
-
L..
"1
.
.
April—
,
234,443,879 2,262,921,787
*■■■■■■
Twelve
5,984,598,532
months—T
277,058,031 6,261,656,563
4,831,046,013
—
'561,^95,4301
1,015,705,814
Certificates
Fourth
3
Indebtedness
Refunding
24
3o.o
273,305,000
32
....
New
for 570,780,000 and 14 were common totaling $51,276,400.
For the month of April there were 53 bond issues ag¬
OF
;
$98,040,000
_
..
Amount
Accepted
% of Total
1
>•
>.
Feb
For the five
months of 1949 total municipal issues footed up $1,104,689.404 hr follows:*
•
*
T
.<
May,
,
3
Feb
Total Amount
Total
Security
Feb 17
preceding
-
Type of
Feb
V !
-
Municipal' financing for May totaled
compared with $190,113,216 for May. 1948.
39 were bonds aggregating; $204,123,000
adding,up $122,056,400,
;
Of the stock issues four were, preferred and accounted
10 stocks
SUMMARY
_
_
"February
floated
were
with
<
!
-
.
separate emissions
57
Comparison
January
which
of
and
■
of
financing.
16
»
A total
Feb
30%
or
1
t
Pacific
of
'February
financing, $294,929 400 or 90.4% reprer
and $31,250,000, or 9.6% refunding.
of
par)
$98,040,000]
aggregated
-—.-a—-
April
! March
money
exception
(no
Feb
Thus the trend of. financing held to the same pattern for
the 34th consecutive month showing new money greater
refunding operations with the
v.
r
;
total
and
No. of Issues
$191,053,840, whereas railroad emissions in¬
543,308,000 from $17,560,000, all in the equip¬
ment financing field with the exception of one issue of
$1,600,000.
'
V ' '!
than
stock
'
•
$
Feb
months follows:
to
new
preferred
issues
separate
703,240 to
Of tne month's
dividend
'
Dated
(Corporate issues placed privately in May * comprised
19
000 in May compared with $228,499,022 in April. Activity
in the public utilities also showed a decline from $290,-
sented
(2635)
'
Lighting Corp.
is
creased
CHRONICLE
of 5% redeemable first preferred "stock series A
(par 825) of Pacific Gas & Electric Co. and 200,000 shares
decline in May financing from the April
principally due to uncertain market conditions
and inactivity, in the industrial.and manufacturing cate¬
gories. Total emissions for this group numbered $74,915,4
total
FINANCIAL
shares
less than half of the April financ¬
or
&
Capital Flotations in the United States During the Month of May
:
And for the Five Months of the Calendar Year 1949
Total corporate emissions for the month of May aggre¬
gated $326,179,400
COMMERCIAL
Notes
-
-
-
-
„i
111,000,000
51,785,000
204,252,000
+93,252,000
67,000.000
25,000,000
42,000,000
86,219,000
46,665,000
39,554,000
153,219,000
71,665,000
81,554,000
827,945,000
;,
5.9,215,000
111,000.000
;
628,052,000
199,893,000
i
i.
1,486,871,504 6)317,917,517
for
Total
April——
♦Revised.
May
-
:
Certificates
-
Date1
Treasury Financing in May
'
.;
Offered
of tlqe. Treasury Snyder on. May 19 an¬
nounced the offering of 1%% Treasury Certificates of
Indebtedness of Series E-1950, open on an exchange
basis, to holders of 1*4% Treasury Certificates of Indebt¬
•'
,
Dated
Due
■
Amount
s
Secretary
edness
of
Series
amount of
E-1949, maturing June
$4,301,117,000,
1,
1949, in the
2% Treasury Bonds of 1949-
or
dated Jan. 15; 1942, called for redemption on June
15, 1949, in the amount of $1,014,018,900. Exchanges will
be made par for par in the case of the maturing certifi¬
cates, and at par with an adjustment of interest as of
June 15, 1949,rin the case of the called bonds. Cash sub¬
scriptions will not be received.
;
'. • '; ! •' } '
■
i ' j .!
51,
.
The
Secretary of the Treasury announced on May 13
1949-51, dated
that all outstanding 2% Treasury bonds of
1942,
15,
May
There
1949.
.are
bonds.
15,
;
..
;
J
.
f
.
i
«
i
:
;
25
Mar
Mar
*■
$
.
Price
Yield
V
,
.
%
•-
Total
1,662,824,000
906,673,000
905,859,000
99.706 +'*1.162-
for
days
Mar U
Mar 17
91 days
1,661,354,000
902,625,000
99.703 + *1.162
Mar 24
91 days
1,529,755,000
906,999,000
99.705%'* 1.162'
Mar 25
Mar 31
91 days
1,610,790,000
902,496,000
99.706 +,*1.162
Feb
Mar
1
1
1 year
10-12 yrs.
2,920,943,000
589,641,955
2,920,943,000
Mar 1-31 Mar
'12 years
7,897,500
7,897,500
3 years
202,275,400
15
Mar 1-31 Mar
Mar 1-31 Mar
l
589,641,955
'
IV*
100
100
"Comprise
8,245,409,855
■
,
Apr
; i;
Apr
Apr
8
Apr
Apr
15
,7,
1,4,54, 237,000
91 days
i
-
Civil
'
1,717, 123,000
91 days
902,103,060
Life
?
System,
Insurance
"
Federal
Apr
21
91, days
1,546, 608,000
903,512,000
Apr
28
91 day's
1,636, 338,009
900,810,000-
Apr
1
1 year
962, 656,000
962,656,000
Apr- 1-3C Apr
1
10-12 yrs.
454, 202,158
454,202,158
a
f
i ) a
12 years
12, 613,000
12,613,000
100
t
2
3 years
262 ,299,400
262,239,400
Apr 1-30 Apt
1
Capital Flotations
During May, 1949
Long-Term Bonds and Notes (Issues Maturing Later
Than Five Years)
;
j
.
.
■
.
Total
for
-1__—.
April—;
RAILROADS
c
t$G50,000 Cambria
5,299,724,558
Indiana
&
due
A,
equipment.
1949-51,- dated
Apr 29
May 5May 12
91 days
1,623,290,000
801,987,000
6
91 days
1,705,606,000
900,330,000
99.Y10'
*1.148
Jan. 15, 1942, are called for redemption on June 15, 1949.
May 13
May 19
91 days
1,413,720,000
802,173,000
tf9.708.
May 26
91 days
1,598,560,000
904,524,000
99.707
May 1-31 May .1. 10t12 yrs.
May 1-31 May
12 years
433,320,966
433,320,966
5,543,500
5,543,500
160
May 1-31 May
325,369,000
325,369,600
100
—
1,
<
„
trust certificates,
equipment
1950-1959.
yield
to
maturity.
ing to
Drexel
4,173,248,066
Priced
2%
RR.
June
1.35%
from
purchase
Purpose,
to
2:35%
of
accord¬
Offered
by Salomon Bros. <fe' Hutzlcr;
Securities Corp.,
and Strroud. &
•
' '
* 1.157s
May 20
J-
i
r
series
.
and
-*1.157
*1.156-
1
Corporation,
tNet retired,
Details of New
* t IV*
100 (
Insurance
Corporation.
'
■1
Apr 1-30 Apr
Deposit
Insurance
Loan
»
:
"1.153
Mar 21
-
certificates
,
Apr 22
99.703
99.708
and
-
*1.160*
99.709-
100 '
notes;
Foreign Service
Retirement
Fund,
Alaska Railroad Retirement Fund, Postal
Life Insurance Fund, National Service
Government
Fund,
Savings
i
♦
99.707,
and
Fund,
c
.
14
Retirement
Service
Canal Zone Retirement Fund,
Savlng3
'
certificates
series
2
,
'
-s
901,529,000
special
.
„
202,275,400. 100
——-
of
sales
sold, to Adjusted Service Certificates Fund and Unemployed Trust Fund
and notes to Federal Old Age nnd Survivors Insurance Trust Account,
Federal
March
months
a
.
w
for
five
,
a
,
■
Total
"May..——
99.706'+* 1.163'
1,538,630,000
for
Total
'
91
Mar 10
——_
:—-—
—
►
91 days
3
4
Accepted
Mar 18
' . •
•
.• [
the Treasury announced Feb. 14 that
;
The Secretary of
Sept.
on
outstanding $1,292,443,600 of these
now
are
for redemption
called
Feb
1
Applied for
|
Notes
Amount
all
There
are
The
now
Treasury
2%
outstanding
Bonds
of
•
outstanding $1,014,018,900 of these bonds.
Treasury Department in May outside of the above,
May
>
*1147
99.710
'
.
'
*1.159,
.Co.,
'
'
"
V'2
■*:
;
3 years
>
C
ury
Total
Bills, Savings Bonds, Tax Administration Notes and
Depositary Bonds.
May___
34,165,492,358
•Average rate
STATES
UNITED
TREASURY
FINANCING
DURING
1949
rate .series, ,of
'
'Amount
Dated
Offered
Due
Amount
Applied for
Price
Accepted
Yield'
Sold
are
1
$
4
.
on
a
$
%
have
a
on
bank discount basis,
which
discount basis at 75.
series
discount
a
12-year
have
E
a
lQ-year
basis,
maturity,
at
sold
are
and
74,
at
100.
j
91 days,
J,964,271,000
1,000.901,000
99.708
•1.155
b
Jan
13
1
91 days
1.478,730,000
906,631,000
99.707
•1.160
14
Jan
20
■\
9i days
C-1947,
Jan
1,511,627,000'
904,690,000
99.707
*1.160
Sale of these bonds was discontinued on Aug.
Jan
21
Jan
27
1,514,449,000
902,428,000
99:707
♦1.160
of
,
.
Dec
15,
Jan
15
Jan
91 days,
1
Dec
1
Jan 1-31
Jan
Jan 1-31
Jan 1-31
Jan
1 year
10-12
Jan
1
3,296.526,000 ; 3,296,526,000
2,398,355,000
lyear;
"
2,398,355,000
IV*
■
yrs,!
647,286,199 '
>.
647,286,199
a
1,428,000
1,428,000
100
'222,786,700
222,786,700
100
c
91
—
—_
10.281,031,899
801,106,000
Feb
4
Feb
Feb
11
Feb
17
91
days
1,435,'717,000
Feb
18
Feb
24
91 days
1,460,462,000
901,180,000
Jan
19
Feb
1
1 vear
1,993,169,000
1.993,169,000
100
Feb 1-28 Feb
1
10-12 yrs.
599,139.580
599,139,580
a
a
days
?
1.417,262,000
91 days
•
1,473,740,000'
99.706
'902,941,000
801,248,000
,
'
*1:161
99.706'+* 1,163
99.706
*1.163
99.706
.
?
"1.164
*
IV*
12 years
Feb 1-28 Feb
Feb 1-28 Feb
1
l,
1948
Series
C
earnings
series
3,135,000
3,135,000
100
2
3 years
164,159,400
164,159,400
100
Total for February
6,166,077,980
f
!
interest,
tax
about
accrues
approximately 1.407e
OF
Type of
Accepted
S
t"
-
-6
91
day
bills
1,000,901,000
13
91
day Treas. bills
day Treas. l?ills
902,428,000
'
27
1
Jan
1
Ctfs.
Jan
1
U.
Jan
;
of
S.
indebt
bds.
Depositary bonds—
Savings
Jan
1
Tax
Antic'n
notes-
for
January
—
$414,000
2.60%
according
Inc.,
"
equipment
June
Priced
Lehrtian
to
trust ccrPur1.40%
1950-1964.
1,
to
yield
Offered
from
by
Harriman
Brothers.
1949-May 15, 196L Purpose, purchase of equipment.
Priced
to
yield; from
1.25%
to
2.425%
according
to
Offered by Salomon Bros. & Hutzler; Drexel
ttiaturlty.
Si
Co.; Union Securities Corp., and Stroud & Co., Inc.
;
$Indicates
:
issues
sold
competitively.
(Continued
"
1,000,901,000
.4,495,000
901,234,000
,3,456,000
1,229,000
3,296,526,000
901,199,000
3,296,526,000
2,398,355,000
,
647,286,199
647,286,199
1,428,000
1,428,000
222,786,700
222,786,700
10,281,031,899
on
page
6)
Indebtedness
902,136,000
904,690,000
9,400,351,000
880,680,899
yield
Offered by
Securities
Union
"''
'
maturity.
and
Co.;
Ry. 2%%
annually
to
&
'15,
v
In the
the fol¬
the
May
and the five months' figures with those
for the corresponding periods in the four
lowing
years
yoar
Total
Inc.
purchase of equipment.
Ripley Sc Co.,
each, "month.
per annum."
2,398,355,000
J^n
Jan
day Treas. bills
Ctfs. of indebt
& Co.,
Western
Priced
maturity.
to
Drexel
$
908,631,000
91
91
<
1,07%..
New
Refunding
'
,Jap 20
Treas.
!
due
according
Hutzler;
Stroud
North
equipment.
FUNDS
Total Amount
Security
Dated
'
2.95%
of
,
•
USE
&
purchase
&
equipment trust cer'tiTi-/Nov. 1,
1949-Nov.
1,"
2%%
$3,528,000 Chicago Rock Island & Pacific RR. 2%% equipment trust
-;. 4
certificates,
series D, due $147,000 semi-annually, Nov.
series
c
•
Q
31, 1948. c Treasury notes,
interest!
and
Jan
Feb
10
Sept.
C-1950.
Jan
28
'
and
2
:
Jan
3
began
a
■'
3 years
Januarv_J
D
C-1949
If held to maturity of 3 years interest
'
Total for
of separate issues designated Treasury notes of
C-1948,
series
bear
and
2V2%
IV'*
'
12 years
1
100
100
Comprised
are sold on a
12-year maturity.*
2.53%
and
6
7
31 i Jan
to
maturity,
yield
Jan
Dec
and
pose-,
Comprised of three sepa¬
and yield 2.90%: series F have a
to
Bros.
Ry,
semi-annually
$260,000
1.50%
tificates,
.
.
Date
Purpose;
Corp.,
•
Total for five months—.—
Western
due
$6,210,000 Chicago
*
r
for
.
Salomon
confined its operations to the usual weekly sale of Treas¬
Union
Co.;
1962.
from
*
1
&
Inc.
cates,
"a
a
*
*.
$1,020,000 Chicago Great
fcomprehejisive tables
pages
we
preceding,
comparison.
on
compare
thus
affording
a
five
$
Total
:19,80 36.73,14 5,0•,0
90 ,0 0
375,18 20 13786.2*5 18,5204
$
<0. 164758.60 59,67 219
620,0
7,50 , 0
Refundi g 536,04720 lI78~6,25 15,7159
Capit l
$
New
84,015280 5276 ,548 4,10470
7,9~425()0
859,73519 24,0350 149,80421
Refundi g 57,3810 14,70 23,0972 270 ,0 26,509720 18.0 0 271,90 42
42,071 20 237.50 16,79064 32,46910
''•--
$
-1945
•
-
'
237,50
4,2 9,05 95,18 734 57,3810 186,7102
532667,,408329
39,48 36 32,46910 2,0 ,0 26,509720 2, 905
.
27,653214 5,0 ,0
NCaepiwtl * 18,260 325,180
192,03.7
Totial
1,036294
7,50 , 0 "TO~L50,
17.80, 46,9230 735,20691
671,039
7,841,0
—
—
'<
$
43,50837 5,0 ,0 54,71 392 35,0 0 4,760, 0 7,50, 0 15,28 9 75,6410 18,23087 5,0 ,0 147.6 512 35,0 0 2,0 ,0 39,760 32,850
-
,
159,360123
New
75,6410 14,70 92,74 120 27o"~,bo 35,0 0 25,10 0 375,18 20
$
t..
19,80 9,120,50 395.86,72
90 ,0 0
Capit l 103,2876 4072 .93~1 14,89564
Total
587,^063
532667,,408329
3,62 ,4 0
-1045 Refundi g 271,90 .4 2 917563.294
$
Total
610, 0
7,0 0 40, 0 39,05 0 85,0 0 40, 0 20,725,0 627,50
$
1,459,817 4,762,50 3'8.5 ,328 3,0 ,90 4,760, 0 3,520,950 56,072405 18,260 1,459,817 4,762,50 107.95,67 3,0 ,90 13,~25b 80 10762,950
69,437 48 8,T90~2io 710,0 103,2876
— ■'r4",
—
.
..
,
■-
897.50
527,250 287,50
950, 0
1 ,70961 6,30,0 64,1036 2,61,930 1,02 81 4,3406 23,16759 7,0 0 436,89 1 40,95 0 ,630^ 103,46.3 85,27 50 42,61 930 1,02 801 GiT0~6904
s
•,
859,731
12 ~850 610, 0
12 ,850
107,2540 17,642-36 :——; —4-» c ,25684 127,549271 75,0 0 431,9074 25,0 0 3,2695 85,0 0 20,143 5 671,0391
7""
Refundi g 75.0 ,0 324,6850 25,0 0 15.684,720 85,0 0 610, 0 17,5 0 543, 720 *$
-1946
159,360123
»
•
.
"
,
v
•
'
-
•
——
6,85 ,0 102,967421
18,63528
298,459
Capit l
4,93.871 950, 0 6.17 ,150 46,78127 527,250 287,50 2,61 ,930 1,021,801 41,7561,9
2,0 .0 50 ,0 0 15,0 0 23,65280 40,ob7o6 STso o 84,015280
$
New
104,6824
2,0 ,0 4,93,871 15,90 6,T7~,150 70,i3 407 527,250 287,50 42,61 930 1,02 801 4^925619
18,63528
—
31,8210 2,50,0 203,96 450 19,06598
537,41 539 20, 0 48,09 0 107,694076 2,0 ,0 715,98615
89.410^367 1,50,0
1947 Refundi g 238,5 7 0
319,4782 32,90 1,405643 35,8251
S
Total
$
—
Total
New
Total
$
945,0
Refundi g 2,50 0 187,90 5 16,4350
$
-1947
14.80 18,795 3,50,0 34,250. 805,0 0
Capit l $
217,96 7 20, .0 15,70 106,2843 2,0 ,0 361,750
83,2945^ 2,50.0 14,56083 17,56 98
15-0, 0
302,195.0 63,2890 19,6524
8,95412 125.93,418 5 4,109 —, 7,629,*50 "23,02439 37,10 294,8251 3,50,0 179,3841 2,304,109 1,250, 0 18,92 50 537,41 539
2,50 , 0
—
82,671450
28,5705
286,917
945,0 80 ,0 0
90,1 367 2,50 0 270,5895 24,3870
7,342,583
7,9520
450, 0
.
2,50 , 0
2,50 , 0
1,30 0 83,2945
6,2 3,962
18,0148
New
84,1250 190, 3216 659,87 40
.385,6924
80 ,0 0
2,50 , 0
Total
$
284.0 0
24.385,0 175.93,0 86,7150 2,0 ,0 12,80 302,195 0
150, 0 150, 0
5 4,109
14,80 24,0357 3,50,0 154,7 18 1,359,109 450, 0 18,642583
132, 072
•
-1948
Refundi g 2,95,10
Capit l
$
New
Total
$
4,08 ,750
150. 0
217,96
—
'
201,7830 2,340, 0 70,8 0 51,27640
326,17940 8,6750 341,957613 756,81203
31,250 38,07 0 6,892104 76,21 04
Refundig 1,250 20, 0
Capit l
SOUMFARY
$
New
-1948
294, 0 50,6 0 35,06 9 680,59 0
..
ONAGRENUFPWID
_. —
'♦
tS,
—
■_
:
-
.
6 1,20
——
432,40
2, 9 ,20
1,093,60
4,08 ,750
1,789,50
..
—
Capit l
$
New
Total
$
284,0
24,3850 174,29 0 85,42 350 2,0 ,0 12,80 29,0 35
150, 0 150, 0
43,08 0 7,950 1,250, 0 65,70 6750.0 7,0 ,0 201,7830 2,340, 0
284,0
1,9360 82,0 524 24,3850 21,47605 98,503 5 20,35264 2,0 0 24,8960
37,1506 13,07865 20,35264
2,340, 0
9,165,0
10,73840
1,4027560 750, 0
12,0564 43,08 0 19,053840 1,250, 0 74,9150
38312,65,1079>7440
6750 , 0 1,402,560 7, 50, 0
—
Refundig 10, ^0 1,250, 0
1,250
$
-194
CHAR TE
•
20, 0 30, 0 1,250, 0
20, 0
31,250
-
—
Capitl 43,08 0 67,950 65,70
$
New
6750, 0
7,0 ,0
190,53 0
-
2,340, 0
2,340, 0
9,1650
90,738 40
1,4027560 750, 0
102,5640 43,08 0 16,053840 74,9150
675~0 ,0 1,402,560 7, 50
_
294, 40
'•.,, ^ utiles Equif^\2mn acesori.j-l^usatrnidl bueildtncg_s1, . utiles manufces orieInduasntridl bueildtncgs, csoerpcuraitte
MOntrAxfcbFYNTH - bonanontdesds. stoc-.k stock,- bonanodtedss stock- stockforeign— boannodtedss stock. stock -corpateTIBntearanioklGovernmtforgeoveirgnmntLGoanag-vcied,s•M&unicpalt—S.es,SPotsaeeisn fdiignnucloruoedste MMOOANFTYH BNootaesn-—ds utiles. feccotopa.lr,,Tm„a"nuf acesoriindausntrdl bueildtncgs, ;'~ ttrraudsing,,;'■-,. BNooatensd—s utile_sr— ecctoop.a—lr,,manuft acesoriindausntrdl buei■ld•tncgs, ttrruadsing,, cceooptalr,, ttrruadsing,, cceootpal.,r, 7 ttrraudsing,,
Ltjng-termShort-em Pref red Com on Cand■ian" Long-term Short-em Pref red Com on Other Long-term Short-em Pref red Com on . Total
l>|r
toal •These
Grand
1
Can dian Other-
Farm
United
::
Long-TermRailroads Public Irosn,:te l,Equipment Moatnords
Me"rRube 1Shipi!ngInvstmn iscelanous «*•. Short-Tem R1ailrods' ste l,Equipment and
Lr
Other Land,
Public Iron, Motors Other Land, Rub er Ship ing
Oil
Investmn Miscelanous
TQt^„l.
Stocks-* Railroads Public
stgph TMaotpords
Iron,
Other Land,
Ruber' _1 Ship ingInvestm n
Miscelanous
Total
Total—- R1lairoads
Equipment- and Rub er s&ihp ingInvestmn Miscelanous
Public Iron, Motors Other Land,
stel,'
Corp ate— Domestic—
„
*<-
1/
.
r,v:;
190,53 0 2,340 50,780 51,27640
2,95,10
Refundi g 5763870 1,357,150
$
381,50874 35,270 182,3 01 598, 2075
s
-194
48.5,0 7,982,015 60,92576
239,0.35 62,907 19,2784
319,4782
284.0 0
1,9360 83,2941 24,350 213,746805 10,29 5 20,35264 2,0 ,0 24,8960 385,69 24
37,81 05 *13,5105 20,35264
CISTOFUSRPNHOAIEAERD
FGCFLOOARVMEPEURNIGIMCANTDPT,L,
- f « . ftFrbSGfhaeoumatvgoudnnicrnpmdeyildyesssl. 1 : - manufctrig- _ hoeldticng., ^ ? - manufct-rig." "-^ hoeldticng., manufctrig. 7 7_ hoeldticn7g, 7 7 manufctrig 7 7 hoeldticng.,
726,20 367,40
$
286,917
'
T^InfRBDtecoravsliupmkdnt. MOFYHEINAVERS
FTMFIONYAEHIAVCRRGS
Capit l
$
37,10 206,8710 3,50,0 50,6850 1.750, 0 1,250, 0 1,30 0 31,8210
$
Oil
Total
Total
90 ,0
1,645 02 4,0 0 289, 625 64, 035 25,0 0
$
Refundi g 1,4 792 4,0 0 17,4 350 12,30872 25,0 0
2,069 7280 *17,3860 320,4 0 395,763 5,0 ,0 2,8047 16
$
-1945
1,6705214
90 ,0 0
Capit l 230,9 628 18,4572 52,136
$
New
Total
2,6 5,0 57,69 85 48,20 0 ~ 9~0 ~0 7,50 , 0 7^942^50
$
1,60 37 0 302,41
„
17,3860 304,250 219,3 50
Total
Refundi g 654,92350 620, 5 0 30,5 0 82,7 2 ajo l o 26,50972 4,320 18,0 0
-1945
402,85106 16/95,0 175,84326 5,0 ,0 59,8 302
2,519486
Capitl
i
•
Totgi
4,0 0 53,910 7 1,837920 237,50 "60,27 10 32,46910 6,50,0 28,37 2 183,60 2 654,92350 718, 5170 32, 7.920 237,50 143,5 982 32,46910 2.10, 0 3,09720 473 ,0 46,37 2
1,439 7 2
-
65.08 9,25,0 10 ,0 0 102,569348 28,0 0 8,490T280 4,90 0 12,0 230,9 628
$
New
3,8-9 4
'
4,0 0 58,93 471 3,290, 0 5,0 ,0 18,4389 35,0 0 14,850926 56,473 0 35,46. 0 720,531 0 732,68471 3,890 5,0 ,0 36,8103 63,50 0 2,10 0 49,850^26 86.573, 0
4,0 0
$
2,085 714
-_ 372,140, 459, 08
720,5310 629,430 30,6 0 185,47120 28,0 0 2,10,0 35,0 0 9,23,0 30,1 0 1,6704 2 4,0 0
»
5.028,301 1,452,08 4,762,50 12,3768 3,0 ,90 8,350,926 28,096 48
125,0
2,50,0
539,041 461,875.0 40, .0 1275~0 136,095 364,50 14,609 41, 50 14,260 38,0125 1)682,370
$
17,8543 65.08,0 14,25301 1,52,08 4.762,50 23.70 31 31,0 90 16.8417206 4790(10 40,196048
287.50
250,7 452 9.15,0 47,26438 459,13 48 23,501850 6,16,930 1,02 801 1,42 37 78,3093 836,95486 539,041 715,09.452 49,150 59,764.38 59,2834 38.01,850 14.596,0 47,561.430 1,02.801 25,83127 16.4830
2,65,0
-
tiMbPh$pnar2orlva3ce8ufn6fdbr0dyicyDevlopm,nt.: 583,120
1,35290,2148675630 241,056,97278.9063278,16,:}13456750
FFSGohmvgicpmeysCNBUMPiSraopuontealnvsitwcerdffdyk.l YM3ETF5CITSUISNOOAVHRNDAHPR1ISREEAD
YFM3ETF5GFLAMNOIIOAUVOHAVDNRE1RCSRNDPMGLT,
— Refundi g • 2,14,0 304,71960 31,9 826 48,20 0
1,367 5906
7,50 , 0 1_,
50
"To
S
194f
.
51 ,0
90 ,0
Capit l 238,61094 270,9 25 271, 295
$
1,76 0283 342,8650 14,038 2,1850 3
i
7,841,0
New
.
",
.
..
790,312648
29,750 345,906 8
39 ,0 0
1,3924065 63,8250 385,4762 187,031
$
3,250
—1947 Refundi g 504, 83 2 139, 652 31, 90 57
Capitl
Total
$
678,2450 W.. 45,0 0 148,05 17,6832 29,0 0 918,06237
$
.
-
"
•
39 ,0
Capit l 87,65827 60,590 246,01 47 15,92 4
$
10,27349
New
"
Total
$
1,5 0, 0,
New
v
$
1,659380
QPbovnbdfsfRecaoonstrudri
Capitl 74,510 291,5840 3,50,0 19780, 307,2 805 10,850 1,650 40, 0
/$ 214,7 0 954,78 0 36,50 . 0 5,0 ,0 8,50 . 0 416,39 50 27,30 26,4.0 14,0 ,0
213,57 0
Total
-
1,5 0, 0 206,1 3 256,9 04
FCORRPEIGANT,
New
,
75,0 0
2.475,0 165,8 750 26,3 173
15,0 0
.
15,0 0
,
Capit l 172,04 906,8210 30, 0 5.0 ,0 8,50,0 398,17350 251, .0 14,9 0 14,0 0 204.85,0
GONARENUPFWID
.
2,048 73 13,205 1,0954 83 16,0 0 3,265136
SOUMFARY
98,150 870,1 546 3,50,0 2,807 0 652, 73 127,395* 36,1 0 65,0 0 270 70 159,2 67
708,930 4,908,317
24,30 0 523,4 519 3,0 ,0 59.7 ,153 945,0 31,46 10 25,0 0 ~ 708.93Q 9,578,03
56,40 60,59 0 5,67 19 281,549 25,64 739 3,20 1,29 07 45,2 35
74,51 0 347,2607 3,50 0 19,80"O6 592,83620 126,450739 4,850. 40, 0 17291,07 150,3469
207,9146
4,05 0
152,4687 12,6 458
10 ,0 0
1,450, 0 1.5 0, 0
147,20 93 10,738 0 12,604 6 135,76814 10, 0, 0 47,3847
1,450, 0
1125,,6307,7444379889500
Capitl 24,960 583,012 76,50 6,390 385706, 146,90 10,3 45,607 0 1874056 1,64 320
2,475.0
Refundi g 47295,70 1,250, 0 4,30, 0 6780. 0
*
1,28 57 42, 90 52,68536 6,50,0 24,1652 21.075,0 1,30 0 10.86,51
'
2,475,0
254,8362 24, 570 10.68,23
413,250 175,0 0
~To 76 5 1,402,560 45,978 6
427,9 23 24,960 87,2 5 102, 570 6,39,0 490^56382 147.3'250;i7,305 0 45,70 0 1,402,560 164,38963
281,250
20, 0
$
New
1,50
2,475,0
214,710 1.02,49703 47.238,0 5,0 ,0 8,50,0 538,97 6 403,56814 26,4 0 14.0 ,0 io. oI o 25.409,74
142,6017 10,7380 16,58 1 135,76814 10, .0 46,78231 462,037 172,04 1,04938167 40,7380 5,0 .0 8,50,0 514,83271 386,91 4 14,9 0 14,0 0 10, 0 25,3 21
59,675 0
$
—194
CHAR TE
fudyeobligatfns
&c.—
24,960 630,190 7,90 0 6,39,0 3897 5,6 146,90 17,30 45,60 0 l6,40576o
596,516
5,945,605
4,70,736
10,
$
174'07,43512,266,589586280
'
New
79,5690 24,850 14, 7921 38,92071
2,475,0 145,8 750 26,084923
294,1273 25,64 739 3,20,0 2,0 ,0 50,1 672
59,750 63,8250
$
Total
812,718
36,01293 52,9 0 679,25 6 30,6250 16,47802 307,68427 14,609 2,819,57 9,62725 28,61024
3.81,7 3,50, 0 46,51720 3B2.405 2,901850 287,50 3,79 ,3 1,02 801 9,15,12 68,01253 50,94 5 13,046 35,84017 18,530 58,91720 43,75026 80,23 4 287,50 4,7183 1.02 801 16,05 12 8"i,a5t406
$
2,104;76,823 376,0 1,04689,04 16,0 0 3,60148,27
1"•-
51 ,0
Refundi g 42, 90 47,92 80 6,50,0 13,29650 21,075 0 1,30 0 9,40. 0
-1948
2,468732 170,48 0 1,29 0827 3,750, 0 3,9420 5
5,0 0
217,3861
3,05,0 3,250
48.56,14
$
\
New
40 ,0
J"
Capit l 1,596320
4,05.0
20 ,0
$•«
160,24307 297,30 14,87561 480,6718
$
$
20 ,0 0
■
945,0
Refundi g 24,30 371,05642 3,0 0 47,136 95 31,46 10 25,0 0 1,6358"
-1947
-
281,250
Reiundi g 59,675 0 20, 0
-194
"
5,625,0 812,718 96,728 4 60 ,0 2,319,5 7 2.69.725 10,38 97
.
98,150 62,04 5 3,50,0 2,~30^ 354,605 10,75 0 1 ,10 65,0 0 50,2 0
.
Total
■
r
33-,
$15,0 Bank
2,637 ,530 T"V7- T 467,850 1,3 98,3 4,150, 0 4,2765,918
5,0 0
$
Capital 1,947085
238,61094
436,0
2,14,0
-
11
2,106532,0 21,34578 261,3942
$
New
1,36084 25 82,1/0 30, 0 82,0 0 1,295 86 23,0 0 2,691 40 ^Includes Interaiol
1'
Refundi g 156,741 50 6,239,405 5,043,52
1948
"13,046 2,0 406 15,0 0 12750. ,713452 57,31573 40,9 50 6,90,0 19,7083
$
3,6097248
10,273497 2,0398 0 §82,1 0 75,0 0 230,5 0 52,0 0
1,30726418
1,42375906
50,0 0
2,064,0
-
«
1,65493 6
-
Total
50 ,0
Relundi g 52.9 ,0 459,82 4 25,0 0 64,79258 307,168.427 14,609 7360. 18,24 67
-1946
-
1226,,41860,8042774633873
20.81,250 67,29570 1,250, 0 4,30 678567 6 ~28l7250 79,5690
*
413,250
234,862 24, 570 10,6823 175,0 ~7lo 76 o 1,402,560 45,697 18 407,6 73 24,960 819,7682 10,8750 6.39.0 486,23 147,3 250 10,5 0 45,706 0 1,402,560 164,02718 2,048 73
2,475,0
,
*
.
.
.
'
*.
M3ENAD1Y*-- -bonaonte—ddss Short-em. stock1stock -.•—naidC^bonaontdessKfr^-Longtem Presft-ockd stock foOreigtnh—erbLoonanongt-detessrmShort-em stock stock-—_„rT corpate—BIntearnaioklGovernmt forgoeverinmgntGLaoancis, ti*Muncpal—-Ses,PoSestian—1-e2s idfinguoretsSiFlSnecbtnuarudaeesys. M3EMNAO1DNYTHS NBoteaos—nds -u—tiles*. eccotpo.arl,,manuf—ces anoridmiannuafdcturigs-.trl — beuiltdcn.gs, ——heotItrnltardvcueisnt.smg,n,Micela:n—ous NBot"denaos—^ util—esecctsoopte.arl,l,,Eqmaunuif—pcmeesnt aonri—dimnaadnuufscttrrigl Laentdc.T.2ul_:igs, hettorrlatudcisn.g,,Miscelanous f'•"*■ P:ublic-tes ccsootpeaerll,,,manufctres_-^. o-and maanufcntri-igd—u-strl beuiltdcn.gs, -.htteorralutdcsing,,Miscelan—ous <T*<--**v%.-^ util—e—s eccooptarl,, manufces o-ries Inmadanuunsftcrtdirilg etc.Land,builgs ~ , httrroeauldtscin.g,,Miscelanou sceocrpurit-ate
MONTHS yrpoatc Domestic— Long-term
Pref red Com on Short-em
*
•.'csryjw: wr
—h'-
"Com n .Prefd Com on
,tlw '
~
,
V0
C.*"-
■
*'nthn *
nil
i
toal
Total
Grand
H
Can dian
Oth?r .^"Farm
U,
'
'*
.»»
,,,;
-'"thes
United
Long-Term Public Isrtoen,l, Equipment Land,
Mot rs Other Ship ng
Short-Tem
—
Oil
•
'
-
'
'
'
'
Railrods Public Iron, Motrs Other'
'
'
"
"
'
1
1
Ship ng Investmn
•Stocks—
5
:
Equipment
Iron, Mot rs -Other
;•«
•
•
Land,
Ship ing Investmn
*
.-Total—
ste l, and
Public. Iron, Equipment Mot rs, Other
Ship^qg. Investmn
Total
6
COMMERCIAL
THE
(2638)
of
Co.,
&
.
t
»
.
Ilarshaw
land
Chemical
Trust
National
City
Chicago,
Inc.
Co.
Central
Co.;
and
Bank
&
National
through
Bank
1
Donald
•
Co.
&
Mc-
L.
'•*-
Rothschild
F.
C.
2%.
RR.
<
equipment
•
Halsey, Stuart & Co. Inc.; R. W. Pressprich & Co.; A.
& Co. Inc.; Otis & Co., and Freeman & Co.
& Co.; SchoeUkc-pf, Hutton & Pomeroy,
'Schwabacher & Co.; Chas. W, Scranton &
Co.;
& Co.; Shuman, Agnew
& Co.; Singer. Dsane &
Priced to yield from
equipment.
America.
*40,000,000 Radio
'
'
Corp; of
3%
America
promissory notes,
vesting
institutions
Lehman
through
-
,
!
ments,
and
1974.
to
Awarded
etc.
first
Co.
1,
May
mortgage
Peck
Adams &
*$6,500,000 Sutton
Apartments,
Terrace
mortgage
loan.
Massachusetts
N.
-
by Blyth &TCo., Inc.; Dean Witter & Co.; Harriman Ripley
Inc.;; The First Boston Corp.; Smith, Barney & Co.;
Stones & Webster Securities Corp.; W.-C. Langley & Co.;
Elwcrthy & Co.; William R. Staats. Co/ Brush, Slocumb
& Co.; Davis, Skaags & Co.; Schwabacher & Co.; Mitchum,
Tully & Co.;' Bateman, Eichler & Co.; Lester & Co.; Hill,
Richards & Co.;! Pacific Co. of California; Weeden & Co.;
J: Barth & Co.; Crowell, Weeden & Co.; Irving Lundborg
& Co.; Shuman, Agnew & Co., Wagenseller & Durst, Inc.
'
15*-year 4 V4%.
Sold privately to
City,
Y,
construction.
Purpose,
Life
Mutual
Co.
Insurance
}
MISCELLANEOUS
Aetna
'>
Finance
promissory
Sold
,
Co.
3%!%".
Louis)
(St.
Purpose'
notes.
fund
sinking
8-year
general
corporate
purposes.
(no
of 98.051
par).
Offered
and
cers
*5,000,009 Seaboard Finance Co. 3V2%
cor!>orat«
pose,
Boston
due May 1, 1960. Purprivately
through. Th«
notes,
Sold
purposes.
Corp.
"
<■
•
for
Gas
due-1971.
&
Corp.
bonds 3 V» %
first mortgage
series
Kidder,
curities Corp,
Co.;
by
.*$2,340,000 East Tennessee
.
due
1
bonds.
interest.
Sold
by
31,
(Preferred
Inc.
<
•
.
•/"•,{
stocks
ferred
&
line.
pipe
of
of
stated
a
stocks of
no
value
par
at
taken
are
si
while pre-
par,
prices.)
PUBLIC
'
J
;
;
* ' *>
;-«j
$196,875 East
Coast
due
April
Electric
1,
1964.
insurance
-
Co.
fund debentures,
Sold privately to
sinking
expansion,
3%%
Purpose,
UTILITIES
f
•
*7,700,000 East Tennessee Natural
Gas
first
Co,
pipe
mortgage
stock
lihe
series due 1969,
Purpose, finance construc¬
tion of pipe line,
Sold privately to three insurance com¬
panies through White, Weld & Co.; F. S. Moseley & Co.;
due
Securities
1,
and
terest,
!'•
and
Elder
Co.
&
'
Offered
due
by
April
Wachob-Bender
&
1974.
l,
Corp.
j
finance
-Purpose,
Co.,
E.
Wood
Co.
&
•
;
'
(Iowa)
Telephone Co.
4%
first
fund
bonds,
struction,
3J/4%
Sold
series
Co.,
Halsey,
&
Otis
Inc.;
Co.
-
mortgage
privately
through
Central
(Inc.).
stock
Harold
Inc.;
'
.
Model,
Inc.;
Roland
E,
Wood
&
River
Read
i
♦,
Co.;
,
Republic
Purpose,
(1,394)
Co.
327,010 shares' of t common
working capital, ete.
Price,
Offered for subscription by stockholders.
shares taken
by underwriters: Dillon,
Securities Corp.; A. C. Allyn &
Union
Inc.;
Webster
and
Co.
Securities
Corp.;
Austin'
Walker,
White, Weld & Co.
&
i
Co.
(Inc.);
Shields & Co.;
\/"
-
Putnam
&
,.
Co.;
,
retire bank leans and finance construction
&
Watts
&
•
,
'
Ellis
.
extensions,
betterments, etc.
Price, 100.99 and interest.
by Glore, Forgan & Co.; Lehman Brothers; Equi¬
&
series
due
B,
Jan.
1,
Co.
first
1979.
mortgage
Purpose,
3% %
1.
'
series,
Electric
due
Power
1984,
Co.;
'
'
'
'
first mortgage bonds, • 27/8%
capital expenditures.
Price
Offered by Hqlsey, Stuart & Co.
Inc.;
101 %
and interest.
Brothers;
Thomas
L.
Co.;
Otis
Co.,
Inc.;
Courts
Hume
&
Co.;
The
&
Co,;
Gregory
&
Son,
Company;
$2,500,000 Toledo
1979.
Edison
interest.
Purpose, expansions,
institutional
Co.
Purpose,
by
Inc.; Wm. E.
Thomas
&
ards
The
Pollock
Co.,
and
&
Co., Inc.; L. F.
Harold
E.
Wood
;
Co.;
Steel
Co.
10-year
4%%
loan.
Purpose
101 25
-
Inc.;
Burr,
Cohu
"
&
Davis,
Skaggs &
Co.;
R.
L.
'
'
\
t
1
&
I.
Dominick
Inc.;
CO.,
duPont
Co.;
&
Equitable
Co.;
The First
&
&
&
&
Co.;
Laird. EiSsell 8c
Levy & Williams;
Co.;
Lawson,
Securities
Corp.;
Boston
First of
Corp.;
;
-
1
&
Goldman,
Co.;
&
Co.;
Hayden,
&
Stone
Co.;
&
1
E.
F.
Hutton
Co.;
&
W.
E.
A.
M.
Kidder
&
Hutton
Kidder,
Co.;
Co.;
Bissell & Meeds;
M.
& Co.u Laird,
Brothers;
Loeb,
&
1
;
The
Frank
Lester &
Co.;
-fc
Knowlton
W.
C.
Peabody &
&
Co.;
Co.;
Kuhn,
Langley & Co.;
Rhoades
Co.;
F.
S.
&
Co.;
Co.;
Leib.
Irving
O'Connor
Lundberg
&
&
Co.;
Co.;
Carl
M.
Marks
Pierce,
&
McAn-
Fenner
Uq.;
Co.;
&
Revel
A.
E.
Beane;
Masten
Merrill,
&
Co.;
Turben
Merrill
&
Co.;
Miller
& Co.; Mitchum, Tully
Morgan Stanley & Co ;
Mullaney, Wells & Co.; Maynard H.
Chas.
Co.;
Co.;
&
Moseley &
Co.;
Needham
and Company;
Newhard,
Cook &
M. Newton
California;
Scranton
W.
Prank
Co.;
&
C.
Securities
Stone: &-Webster
Meyer;
Co.;
S. Strauss & Co.; Stroud &
Spencer
Securities Corp.;
Wagenseller
&
Walker & Co.; Walston, Hoffman &
&
Henry
H.
Swift
F.
Watling,
Lerchen
&
&
Weeden
Co.,
Co.;
&
C.
Co.;
States Telephone
mon
-
stock
ipar
Price,
$10
Walker
H.
tenden &
Wright,
$1).*
N.
,
Co. '56.000
extensions,
Purpose,
share.
Offered
Unsubscribed
stockholders.,
G.
j
Hansen & Co.
(47.095)
per
&
Co.;
Schneider,
for
shares of
\
com-
improvements,
subscription by
shares
offered
Bernet & Hickman;
by
Crut-
Co.; Dewar, Robertson & Pancoast, and Prescott,
Snider Co,
"
$110,738,840.
|
'
OTHER INDUSTRIAL AND MANUFACTURING
$40,000 Emlen
4,000
Corp.
shares
of
(par
stock
common
$10).
Purpose, manufacture and development of leak-proof pump.
Price,
$10
300,000 Lithium
.
per
share.
Offered
by
F-.
H.
Crawford
Co.
\
of
common
Offered ini¬
tially for subscription by stockholders at $3 per share.
Unsubscribed (9,812) shares offered at $3.50 per share
stock
by
stock
$2
Tenenbaum
Adams
(par
per
America
$1. Purpose,
Peltason,
295,000 Lowell
of
Corp.
(par
Factors
100.000
shares
working .capital.
Co.
Corp.
147,500
shares
of
common
Purpose, working capital,
etc.
Price,
Offered by The First Guardian Securities
10c>.
share.
Corp.
250,000 (H.
mon
D.)
per
Smith
stock
bilities,
share.
Manufacturing
(par
new
$2).
Offered
Co.
Purpose,
machinery
and
by Charles
Moore/ Leonard & Lynch;
Murch & Co.;
Co.;
Morgan
Co.;
Union
G.
etc.
The
Co., Inc.; McDonald & Company; Mason Brothers;
Milwaukee
&
,
&
Lawson, Levy & Williams; Lazard Freres & Co.; H. Irving
Lee & Co.; Lee Higginsoi) Corp.; John C. Legg & Co.; Leh¬
•
refunding
Noyes
Johnston, Lemon & Co.; Jones, Cosgrove & Co.,
Loeb
man
,
Hemphill,
Hornblower & Weeks; J. J. B. Hilliard
Hill Riohards & Co.; Holmes & Sandman; Holt &
mick & Co.;
-
,
,
Inc.;.
560,000 Southwestern
First
Co.;
&
Frank
&
Wulff,
Graham,
-
&
White & Co.; White, Weld & Co.; Dean, Witter & Co., and
..
Maxfield H. Friedman;
Sachs
The Milwaukee
Co.;
Morgan
H.
Sutro
Goodwin;
/
First California Co:;
;Inc.; Kaiser & Co.; Kalman & Co., Inc.; Kebbon, McCor;
Kendall
' ' ' '' '
Inc.;
Durst,
Esta-
Corp.;
Co.;
Murch & Co.; E.
Company;
Pacific Co. of
Trask
Dillon
Corp.;
Miller &
Revel
Tully. &
Stern,
Co.,
Fahey, Clark
Michigan
Kirkpatrick-Pettis
,
Beane;
Maynard
Corp.; Stone & Youngberg; J.
Dominick;
Eastman,
Co., Inc.;
Foster &-Marshall;
Co.;
& Co., Inc.;
Price'
(
Co.;
Co.;
Day
Illinois Co.; William D. James Co.; Johnson; Lane, Space
■_!
,
privately to New England Mutual Life Insurance Co.
&
Clement A. Evans &
Co.;
Hope
Lynch,
*$1,250,000 Scullin
&
Francis
Forgan
Son;
Collins;
,
drew
*
Coffin
Co.;
Mejia;
Read
Co.;
Co.;
&
-
,
$77,975,000
'
Loeb
Shaughnessey & Co.; Shearson, Hammill & Co.; Shields &
Co.; Shuman, Agnew & Co.; Smith, Barney & Co.; F. S.
Smithers & Co.; William R. Staats Co.; Stern Brothers &
Farwell, Chapman & Co.; Fewel & Co.; Field, Rich¬
&
Miller
Co.
COAL, COPPER, E*^C.
&
Elworthy
&
Laurence
IRON, ' STEEL,
Kaiser & Co.; Kerr & Bell;
Kirkpatrick-Pettis Co.; Frank
Co.;
Co.;
Kuhn,
Langley
Schwabacher
&
First Cleveland
Fay;
Co
Alex,
Co.; Henry Herrman & Col; J. A. Hogle & Co.; Hooker &
'
1
;
Series
Rothschild &
&
Co.;
&
& Co.; Granbery, Marache & Co.; Weslej* Hall &
Hallgarten & Co.; Hannaford &' Talbot;- Harriman
Ripley & Co., Inc.; Harris, Hall <fc Co.
(Inc.);- Hayden.
& Co.; Mullaney,
&
Brashears
Co.;
due
102.806 and interest. Offered by Halsey, Stuart & Co.
Inc.;
Julien Collins & Co.; Dick
& Merle-Smith; Equitable Se-
Patterson, Copeland
.
Bosworth,' Sullivan
Co.;
G.
,
Parsons
indebtedness,
Co.;
Co.;
& Co.;
Co.
C°rp U?ireg0ory & Son< Inc'! Hi"
Co., Otis &
&
Glore,
general
mortgage
bonds
3%
Purpose, refunding, 1$ 10,000,000)
*
Clarke
Collins
W.
Southwest
series, due May 1, 1979.
$2,000,000).
and
Co.;
&
,
.
&
discharge
account
Bradford
C.
Julien
brook
'
Lighting
Boettcher
Simmons;
Inc.;' Dillon,
&
and
'
Peabody & Co.
&
Drexel
1
mortgage bonds, 3%
series,
improvements.
Price; 101.591
Equitable Securities Corp.
Offered by Kidder,
open
/
3 y2%
first
& Light Co. first
mortgage bonds, 3%
Purpose, capital expenditures, etc.. Price
$12,000,000 Westchester
&
'
improvements, etc.
$3,000,000 Utah Power
interest.
•
•
•
1
investors.
capital
Offered
due 1979.
•-
!
mortgage
due 1975.
Sold privately to
Inc,; Baker,
Ball,' Burge &
Co.; iDeHaven. & Townsend, Crouter & Bodine; DempseyTegeler &-Co.; Dick & Merle-Smith; R. S. Dickson & Co.,
Inc.'
Shields
Co.; Stem Bros. & Boyce, and Thomas &
Company.
*600,000 Southwestern States Telephone Co. first
bonds,
C.
,&
Sons Incorporated; Mullaney, Wells &
Roger S. Palmer Co.; Wm. E. Pollock &
Robinson-Humphrey
Co.,
Harden;
&
Co.;
Co.;„Cooley & Co.; Courts & Co.;
Crdwell, Weedon & Co.'; Curtiss, House & Co.; J. M. Dain
'
-
Purpose,
Byrd
&
Co.;- Davies &
Placed
Co.
Barth
Co.;;j.
Richard
'
privately.
$10,000,000 Potomac
&
Co.;
Stanley
& Co.;
The
Ohio
Pacific
Northwest Co.; Paine, Webber, Jackson & Curtis; Pflueger
& Baerwald; R. - W.» Pressprich & Co.; Putnam & Co.;
Refsnes, Ely, Beck, & Co.; Reinholtit & Gardner; E. H.
Rollins & Sons, Inc.;; Rotan, Mosle & Moreland; Salomon
Bros.
&
Hutzler; Schoellkopf,
Hutton & Pomeroy, Inc.;
&
Corp.; Central Republic Co.' (Inc.); Chace, Whfteside, Warren & Sears, Inc.; E.' W. Clark & Co.; Clark. Dodge & Co.";
bonds,
expansion.
Weeks
Baker,
Co.;
J.
&
Mitchum,
Brown & Sons; Brush, Slocumb .& Co.; Buckley Securities
,
'
Electric
&
W.
Fenner
'
table Securities Corp.';
Merrill Lynch,
Pierce, Fenner &
Beane; Hornblower & Weeks; Maynard H. Murch & Co.Harold E. Wood & Co.; J. J. B. Hilliard &
Son, and W. L.
Lyons & Co.
&
Robert W. Baird &
Davidson;
Bateman, Eichler & Co.; Bear,
.Stearns & Co.; A. G. Becker & Co: Inc.; Bingham, Walter
& Hurry; Blair & Co.,
Inc.; William Blair & Co.; Blunt
,
,
Price,
program.
$26.75 per share.
Offered by Blyth & Co., Inc.; A. C.
(Allyn. and Co., Inc.; Bacon & Co.; Bacon, Whipple & Co.;
.
Bailey
>
$10,000,000 Kentucky & West Virginia Power Co., Inc. first mortgage
bonds, 3% series, due 1979, Purpose, prepay bank notes,
Gas
Collins
Irving
Lee
&
Co.;r Lee
Higginson
Corp.;
Lehman
Brothers; Lester & Co.; Irving Lundborg & Co.; Mason
Brothers; McAndrew & Co., Inc.; Merrill Lynch, Pierce/
..
Kraus;
*300,000 Michigan
&
Cosgrove
Peabody
Meeds;
37,500,000 Pacific Gas & Electric Co. 1,500,000 shares of 5%: redeem1
>
lable -first ^preferred stock, series A (par $25).-->Purpose,
Brothers & Co.; Maynard H. Murch &
Co.; Stroud
Company, Inc.; Beecroft, Cole & Co., and Estes & Co.,
Offered
Inc.;
(Inc.);
Co.
Julien
H.
I?
Hall &
Jones,
Kidder,
Knowlton
:
.
Burr, 'Inc.;
&
Robbins,
&
Republic
Central
Coffin
Co.;
Waggener,
»
-
& Co.; Bourbeau & Douglass;
Brush, - Slccumb
& Co.; Buckley
Co.;
Campbell
.
Co., Inc.; John W. Clarke, Inc.; Dewar, Robertson & Pan:Cpast; Equitable Securities Corp.; Kuhn, Loeb & Co.; Carl
M. Loeb, Rhoades & Co.; Smith, Barney & Co.; Stone &
;
.
&
Corp.
Fuel
$10).
(par
&
Corp.;
Associates;
i
Wcodard-Elwood
and
Co.r
Co.
Quincy Cass
Clark, Dodge &
& Co.; Crowell,
Weedon & Co.;! Henry Dahlberg & Co.; Davies & Mejia;
Davis, Skaags & Co.; Dempsey-Tegeler & Co.; Drexel &
Co.; Eastman, Dillon & Co.; Elworthy & Co.; Equitable
Securities Corp.; Fewell & Co.; First California Co.; The
First! Clevelahd Corp.; First of Michigan Corp.; Glore,
Forgan & Co.; Goldman, Sachs & Co.; Grande & Co.,
Inc.; Gross, Rogers & Co.; Wesley Ha!l!& Co.; Hannafordt
& Talbot; Wm. P. Harper & Son & Co.; Harriman Ripley
& Co., Inc.; Hayden, Stone & Co.; Waldo Hemphill & Co.;
Hill, Richards & Co.; J. J. B. Hilliard & Son; Hooker &
Fay;
Hornblower & Weeks; Harold H. Huston &
Co.;
E.
F. Hutton & Co.; The Illinois Co.; William D. James
Securities
Stone;4 Piper,
&
>
Sullivan
Eosworth,
Brashears
G.
stock
common
{:
-•
'
50,000
Bateman,
Eichler & Co.; Bingham, Walter &
Blankenship, Gould & Biakley, Inc.; Blyth & Co.,'
Co.;
Hurry;
.
!•
bonds,
Inc.
Sold
Co.,
$27.25 per (Share.
Stern
wln
>'■
...
Harris,
Wells
&
t
.,
$10,000,000 Kansas Power & Light Co. first mortgage bonds, 27/8%
series, due 1979.
Purpose, capital expenditures.
Price,
101 Va and interest.
Offered by The First Boston Corp.;
and
of
-
.
""'■j 8,927,373 Mississippi
&
Thomas
-
mortgage sinking
Purpose, finance con¬
1969.
-shares
&
I
.
J '
A
Blair- &
first
Co.
Gas
due
104,285
Co.
1
■'
Jaffray &, Hopwood;
Allison-Williams Company;
A. C.
Allyn & Co., Inc.; J. M, Dain & Co.; JohnsomMcKendrick
Purpose, plant extension!-;, etc.
by Wachob-Bender Corp. j
*2,400,000 Kansas-Nebraska Natural
by
'
Unsubscribed
Kalman
ers:
C, due April 1, 1969.
Offered
Gas
1
Milwaukee
The
Corp.
,
Purpose, payment of bank loans, additions, eto.per share.
Offered for subscription by stock(9,043) shares taken by uhderwrit-
$11
.holders.
.
(83,364)
.
•
■1
Electric
&.
Gas
,800,000 Southern California Edistn Co. 800,000 shares of common
stock (par $25).
Purpose, finance construction program.
Price, $32.25 per share.
Offered by The First Boston
Corp.; Harris. Hall & Co. (Inc.); A. C. Allyn & Co., Inc.;
Bacon & Co.; Bacon, Whipple & Co.; Bailey & Davidson;
Robert
W'.
Baird
&
Co.,
Inc.;
Ball,
Burge
& Kraus;
John M. Barbour & Co.; Barbour, Smith & Co.; J. Barth
by
shares purchased
for
'■
'
'
Unsubscribed
65,000 Jefferson
series
Harold
,
,
.
construction
,
Co.
and
~
program.
subscription
Offered
Unsubscribed
common
construction
finance
share.
•
$1),
Price,
r
Purpose,
per
(Inc.).
'
»
(par
'» •'
.
Co
&
•
1,147,135 Minneapolis
bonds, 3%
101.769 and interest.
Offered by
Inc.; Bear, Stearns & Co.; William
Co.; City Securities Corp.^Mullaney, Wells & Co.;
Co.; R. W. Pressprich & Co.; Stroud & Co. Inc;
Stuart &
Otis
«.•',!
•
bonds,
j
:
Light Co. first mortgage
!par)/
and
Co.,
stock
common
subscription
shares taken up
for
$25.0994
stockholder^.
•'
plant acquisition, debt retire¬
working" capital.
Price, 102 and in¬
Price,
program.
■-..(
'
4%
(no
Price,
1969.' Purpose,
additional
$8,000,000 Indianapolis Power
series
Corp.,
Nebraska Telephone Co. first mortgage
May
ment
of
finance
Purpose,
Offered
£$#,691,308 Indianapolis Power & Light Co, 107,226 shares of
bonds, 3%%
Equitable
shares
13,125
Co,
expansion.
Price, '$15 per
by stockholders.* Unsub+
scribed (3,959)
by Woodcock, McLear &
Co., and Scott, Horner & Mason, Inc.
i
■
Electric
$10-).;
share.
■■
company.
,
60,000 Eastern
Coast
(par
savings banks.
'
<
'1
shares of 4%%'
preferred stock, series G, /par $100).
Purpose, finance
construction
program.
Price, , $102 per share and divi¬
dends.
Offered by
Salomon Bros. ;& Hutzler; Coffin &
Burr, Inc.; Drexel &,Co..; Carl, M. Loeb, Rhoades & Co.;
Spencer Trask & Co.;-Stroud & Co., .Inc.; Central Republic
Co.
(Inc.); Shields & Co.; Weeden & Co., Inc.; Cooley &
of common stock are
value and all classes
par
computed at their offering
Gas Light Co. 1st mortgage 3%
bonds, due
Purpose, corporate purposes/ Sold privately to eight
*400,000 Eas^t
Lukens. ;
and
V son
>
■
&
notes,
convertible
interim
construction
Tennessee inveslors.
to
Haven
1974.
&
Co.
Gas
Purpose,
Alex.
Nolan
STOCKS
Halsey, Stuart & Co;
Connecticut
an
1950.
mainly
privately.
■
*1,200,000 New
Natural
privately
Read & Co., Inc.; Auchincloss, Parker & RedBrown & Sons; Ferris & Company; Folger,
Incoiiporated; 'Goodwin & Olds; Johnston, Lemo
Co.; Robert C. Jones & Co.; Mackall & Coe, and Robin-
Dillon,
path;
$5,000,000 Rochester
$2,750,000 Cambridge Electric Light Co. 25-year 27/s% notes, serie3-A,
due April 1, 1974.
Purpose, repay promissory notes and
replace plant replacement funds. Price, 100% and interest.
Offered
Dec,
Sold
:
,
Borough Gas Co. 25-year 3V2% first mortgage
Purpose, discharge short-term notes. Price, 100.83
share.'
per
stockholders.
UTILITIES
PUBLIC
and Stone & Webster Se¬
Peabody & Co.,
Power Co. 592,250 shares of common
Purpose, capital expenditures, etc. Price,
Offered for subscription bv common
Unsubscribed
(31,720) shares underwritten
Electric
(par $10).'
$12.50
Short-Term Bonds and Notes
*1,000,000 Brooklyn
and
stock
A,
,
.
'
Purpose, repay notes, construction and working
& .Co.; -Coggeshall
Co.
*
$7,000,000
Price, 100.70 and interest. Offered by White, Weld
capital.
(708) shares offered by
& Hicks, and G. H.
Unsubscribed
employees.
&
7,303,125 Potomac
UTILITIES
Purpose, expansion, etc.
Price, $38 per share.
subscription by stockholders and certain offi¬
Morgan: Stanley
Walker
stock
shares of common
42,448
1,613,024 Peninsular Telephone Co.
!f,
privately to Mutual Life Insurance Co. of New York
First
,
.
'
ETC.
$43,308,000
$$6,000,000 Alabama
]
200,000 shares of $4.50 dividend
preferred stock )no par).' Purpcse, refunding.
Price, $100
per share and dividends.
Offered in exchnge for $5 dividend preferred stock.
Unexchanged 150,910) shares offered
Corp.
&- Co.,
BUILDINGS,
LAND,
placed privately.
PUBLIC
Dean Witter & Co.; WoodardWood, Struthers & Co.; Wulff, Hansen &
Co.;
Lighting
20,000,000 Pacific
$65,750,000
.■»«.<
■
&
Co., and Yarnall & Co.
'
bonds,
bid
Webster Securities
Company Inc.; Sutro
Stone &
Co.;
&
F.
Henry
Elwood
-
better¬
a
Co.;
Wilson, John,son & Higgins;
1,
i
2Vzft
on
■'
to 2.70%
additions,
Purpose,
Co.; 'Stix
Swift & Co:; Swiss American Corp.;
Spencer Trask & Co.; Tucker, Anthony & Co.; Union 3ecurities Corp.; Wagenseller & -Durst, Inc.; G. H. Walker
& Co.;
Walston, Hoffman & Goodwin; Watling, Lerchen
& Co.; Weeden & Co.. Inc.; Wertheim & Co.; C. N. White
&
Co.; White, Weld & Co.; Whiting, Weeks & SLubbs;
&
Brothers.
„
Terminal
due
B,
&
Corp.; Stone & Youngberg; Stroud &
!
to in¬
notes,
due May 1/1964.
Purpose, retire bank loans-and working
capital,
Sold
privately to,Mutual
Life Insurance Co.
through Dean Witter & Co.
:
' '
*$2,000,000
series
Scanlon
15-year sinking fund
and Lehman Brothers.
*$1,600,000 Washington
due May
Sold privately
bank loans.
repay
^1,750,000 Western Condensing Co. 3V2%
Inc.
1.45%
'
J.
»
1974. * Purpose,
'
Offered by Harriman Ripley & Co.
according to maturity.
,
„
1
'I
$10,425,000 Pennsylvania RR. Vk'fc equipment trust certificates, series
X, due $695,000 annually May 1, 1950-1964. Purpose, pur¬
chase of
of
Co.;
Smithers &
S.
F.
Co.;
&
Smith, Moore &;Co.{ William R. Staats Co.; Starkweather
Co.; Stein Bros. & Boyce; Stephenson. Leydecker & Co.;
Stern Brothers & Co.;
Stern, Frank & Meyer; Stewart,
notes,
Sold
Sniith,' Barney
Scribner,
&
due May 1, 1964.
privately to Metropolitan
4%
Corp.
capital.
."
In¬
of
Co.
Insurance
*"
Life Insurance Co. through Van Aistyne, Noel & Co.
annually
equipment.
Wells & Co., and F. 8. Yantis & Co.,
Life
Life
York
New
Mutual
Co.;
Inc.;
Frank
& Hutzler;
Bros.
Salomon
Co.;
&
Shields
'
of
group
a
*3,000,000 Plough, Inc. 15-year sinking fund notes.
Purpose, retire
,
t
,
,
,
notes - payable
and finance purchase and expansion of
,
Memphis plant.
Sold privately to Prudential Insurance
Co.
May 15, 1950-1964.
Purpose, pur¬
Priced to yield from 1.50'% to 2.85%
according to maturity.
Offered by Halsey, Stuart & Co.,
Inc.; R. W. Pressprich & Co.; A. G. Becker & Co. Inc.;
Blair & Co., Inc.; Gregory <fc Son, Inc.;
Harris, Hall &i
Co.
(Inc.); Hornblower & Weeks; "Merrill Lynch, Pierce,
Fenner & Beane; Otis & Co.; Phelps, Fenn & Co.; L. F.
Rothschild
&
Co.;
First of
Michigan
Corp.;
Graham,
Parsons & Co.; The Illinois Co.;
Wm. E. Pollock & Co.,
Inc.; William Blair & Co.; Freeman & Col; Hayden, Miller
& Co.;
Swiss American Corp.; Clayton Securities Corp.;
Julien Collins & Co.;
McMaster Hutchison & Cp.; Mullaney,
Container
working
Purpose,
.j
G.
equipment trust certificates,
2%%
Central RR.
including
Provident
and
to
Inc.;
Pur-
v
,
$715,000
Co.
1,'1969.
May
privately
Sold
purposes.
companies
'insurance
due
notes,
'Philadelphia through Glore, Forgan & Co.
'
1
v
Becker
chase of
•
*6,000,000 National
due $85,000 semi-annually Dec. 15, 1949-June 15,
1964.
Purpose, purchase of equipment.
Priced to yield
from 1.35%
to 2.80%
according to maturity.
Offered by
due
life
surance
'
3%
Libby
&
corporate
pose,
''jiff
cates,
$10,725,000 New York
McNeil
equipment trust certifi¬
RR. 2%%
$2,550,000 Missouri-Kansas-Texas
*10,000,000 Libby,
R.
&
Shaughnessy
*
trust certificates, due $345,000
annually May 15, 1950-1959.
Purpose, purchase of equip¬
ment.
Priced to yield from 2.05%
to 2.35% according to
maturity.
Offered by The First Boston Corp.; Kiddef,
Peabody & Co., and Dick & Merle-Smith.
•
$3,450,000 Erie
W. Pressprich & Co.; Putnam &
Co.; Rauscher, Pierce & Co. Inc.;
Inc.;
Reynolds & Co.; Richey, Baikie & Alcantara; Riter <fe
The Robinson-Humphrey Co.; E. H. Rollins & Sons
.1
-
.
Curtis;
Raggio, • Reed
Co.;
'
v
Peters, Writer & Christenscn, Inc.; Hlueger
Baerwald; iPiper^ Jaffray & Hopwood; Prescott, Hawley,
&
Shepard & Co.,
Bank
of Cleveland;
First National Bank of
of Cleveland;
California; Pacific Northwest Co.;
son
National
Philadelphia
Securities Co.; Pacific Co.
Paine, Webber, Jack¬
Co.; The Ohio CO.; Pacific Coast
MANUFACTURING
AND
3% and 3%% promissory notes
maturing Nov. 1, 1949 and May 1, 1964.
Purpose, repay
bank borrowings and working capital.
Soid privately to
Penn
Mutual Life Insurance Co.
of Philadelphia; Cleve¬
*$5,000,000
Western KR. 2,/2%. equipment
trust certificates, series 1, due $210,000 annually April 1,
1950-1964.
Purpose,
purchase of equipment.
Priced to
yield from p45% to 2.825% according to maturity.
Of¬
fered by Halsey, Stuart & Co. Inc.; R. W. Pressprich &
Co.; Otis & Co.; Freeman & Co., and Wm. E. Pollock &
Lackawanna
INDUSTRIAL
OTHER
(Continued from page 3)
$3,150,000 Delaware
1949
Monday, June 20,
CHRONICLE
FINANCIAL
&
E.
.
{•Represents issues placed privately.
$Indioates issues sold competitively.
125,000
payment
working
ft
share3 of com¬
current lia¬
of
capital.
Bailey & Co.
Price,
$2
Volume
169
United
8,280,000
?
'
Number 4813
Biscuit
of
Co.
THE
America
80,000
shares
COMMERCIAL
construction
stock (no par)'.
Purpose, repay'bank.
construction, etc. Price, $103.50 per share
and riiv.
Offered by Goldman; Sachs & Co.; A. C. Allyn,"
Inc.; Bacon, Whipple & Co.; Robert W. Baird & Co.,
Inc.; A. G. Becker & Co. Inc.; BJyth & Co., Inc.; Bos-
General
loans, ..finance
j
CHRONICLE
FINANCIAL
$4.50
of
cumulative preferred
j
&
Corporation and
from
;
Inc.;
Elkins,
Morris
&
Co.;
The
First
Boston
Corp.;
Glore, Forgan & Co.; Harrlman Ripley & Co., Inc.; Harris,
•
.*
Hail
&
\M
&
Co.
Co.;
(Inc.);
Henry
Johnston,
Herrman
Lemon
&
Co.;
&
Co.;
W.
Kebbon;
Wolfson
McCormick
Moore,
\
't
.The
-
Leonard
Ohio
prich
&
Co.;
Sc/ibner;
,
V
lynch;
&
Salomon
Smith,
&
Bros.
&
H.
Murch
Hopwood;
&
Hutzler;
R;
&
W.
Singer,
-
Co.
Co.;
of
Press-
Deane
'
'
chase
,
of
is
Trust
interest, (par.
value
in
$1).
fffect
of
Boston
Purpose,
-
i
the
at
shares
74,006
and
time
underwriting
$1,402,560
and
discounts
the
is
net
commissions).
purchase orders
and
trust
to
be
net
<?ore,
asset
this
received, plus-
commissions.
the
to
North
beneficial
of
The
(exclusive
total
with
the
on
be
may
&
&
Lee
Co.;
Richard
&
Carroll
Clarke
&
and
view
a
date
&
&
Co.;
A.
M.
Maynard
Co.;
H.
Murch
Kidder
&
&
Co.;
Co.;
be
to
of
Inc.;
Webster &
Gibson;
ing, Weeks & Stubbs, and Woodard-Elwood & Co.
total'
pay¬
(July
12,
1949,
jointly
American
G.
Gore
to
their
as
of
H.
Grady
in
of
of
of
the
SEC
notes
the
is
said
to
by
subject
be
stock
will
is
own
.
the
on
,
sale.—V.
that
Sales
—$21,039,816
Profit
167,
1952
'//
•
1,006,934
7,365,849
.
1
v_: •
.
MISCELLANEOUS
Casualty
$5).
(par
$15
'
"'
Unsubscribed
&
-,;l
&
...
Reed,
Tyson, *
Farm
Loan
!
dated
June
Amortiz.
.
1.55%
Banks
M.
due
Not
*
'
Credit
1.
is
Pur-)
1950.
fiscal
.1.45%
agent,;
consolidated,
Representing
Abbott
par).
Price; $40V*
&
ft
"—*7 '■
Inc.;
Laboratories
Co,
New
share.
per
by
A.
"(no
par).
Price,
Corp.
Boston
168,750 Ashland
I
Oil
Becker
&
*5,216,363 Boston
.
.}'■
i'
Refining
•
Becker?
G.
>
by
Co.
10,000
shares
Inc.
of
123,100
shares
&
•
debentures
transfer
>
'
1,
year.
Trust
transfer
and
the
for
v
net
the-securities
the
class
A
proceeds
is
sold,
are
commissions
•
,
agent
for
stock.
common-
estimated
be
to
financing,
this
It
$2,160,000.
at
will
paid
from
common
of
construction
the site due Jan. 2,
the
of
cost
America!)
the
Estimated
thfe
for
cost
upon
Totalizer
of
expenses
the
the
racing
;
j
equipment
(par;
fees,
registration
Federal
trustee's
taxes,
Interest
the
on
Jan,
1,
Campbell;
Wyant
by
;
i
*
'
"
&
r*
*
■'
Wyant
&
shares*
14,800
Fenner
•
,
Cannon
/'
/
•
Foundry Co.
14,400 shares
share.
per
of
Coca-Cola
Bottling
stock
mon
Reinholdt &
t"
Restrye
The
of
Price,
Louis
$25
shares
3,600
com-;;
Offered by*
share-.
per
of
Corning
"
Gardner.
Price,
?
Co.(
'
|
1
&
-
Glass
■'
•
$21V4
Inc.;
30,500
Works
share.
per
Lazard
Offered
Freres
&
shares
common
by
(par
,
Harriman
Co..-and
$5).i
Ripley
Auchincloss,
&,
Parker,.
Redpath.
contingencies-___—______
together
B
and
mate.,.
actual
however,
*
(no par). Price, $22.75 per share.
ber, Jackson & Curtis.
!
,
60,000
common
stock
is
*
.
.
-
,
Corp. 6,000 shares of common stock- (par $1-0)'.
Price, $10 per share. Offered by F. H. Crawford Co.
;
16,000
Forbes
(no
&
Wallace
shares
1,000
class
of
F.
"-
S.
$200,000.
B
'
'
SECURITIES
&
common,
stock
Pacific
Tea
Co.
par).
(no
Carl
M. Loeb,
t350,000 Great
(no
Rhoades & Co.
Western
par).
'
Lynch,
Sugar
Price,
Co.
of
sinking fund debs, due Jan. 1, 1965
common stock
(par $5)__
each
non¬
Price, $109.6681 per share.
Pierce, Fenner &
shares
share.
per
of
in
1
Gas
Boston
&
("
•"
$10).
934,192
Price,
Corp.,
Stubbs.'
by
election
it
Merrill
Beane:
Co.
$78.50
shares
15,175
share.
per
Smith,'Barney
&
of
Co.,
and
stock A
capital
Offered
Weeks'"
Whiting,
■] :
.
Casualty
Price,
National
$27
City
3,500 shares of capital stock
Co.
per
Lines
share.
»
Inc.
Offered by Geyer
133,456
shares
of
&
•
(par.
Co., Inc.
common
t345;625
•„
t
;
■;
common
States
stock
*
(no
stock
§10).
(par
1T
/
740,625
j
!
$1).
(par
!
Price, $10%
Oil
shares
share.
per
of
Offered"
'
1
of Calif,
Price,
35,000
32,570
$20.50
per
shares
share.
of
&
;
,
.
.
'
,
.
Gas
.
by
-
-
,
Corp. 25,000 shares of
Price, $29%
per
share.
Offeied
...
common
199,000 Texas
stock
&
1
$5).
the
"
253,907
:
-
Corp. 14,000 shares of common '
Price, $13.50 per share. Offered by Blyth'
Co., Inc.
has
for
$20,000
the
.
* '
Central
Stubbs.
wagering
be
will
Colorado
in
competitively.
12,502
$1,349,300
350,994
.
able
the
of
site
M.
proposed
Davis
of
The
total
paid.
The
Club.
has
been
Mr.
Newton
and
i$5
Davis
The
1950,
1,
169,
p.
note
secured
Is
its
Arizona
($25 par)_
par)—
Transfer
issued
were
1949,
7,
shares
and
sold
of
the
(no
site
was.
title
legal
promissory
of
first deed
a
Light & Power Co.—Preferred Stock
Savings
Bank .&
Phoenix,
Phoenix
mainder
stock
common-
be
be
used
applied
proposed
subsidiary,
new
expenditures,
accounts
mated,* would
.It
is
place
ntit
Co., Phoenix,
Phoenix, Ariz.
May
31-,
the
the
in
This
means
in
Maricopa,
Yavapai
and
sale
at
and
retail
service
of
figure'
stock of its
construction
it is esti¬
First
from
will
be
that
addition
in
provided
by
the
sale
the
to
may
of
the
to
complete
through
which
1950.
It
will
the
construction
Company
finance
the
has
cost
not
of
and
as
determined
the
in
Yuma
Arizona.
Counties,
in
gas
residential,
the
from
was
underwriters
the
company
The
but
term
may
be
years.
25
In
Ariz.,
and
Maricopa
farm,
the
County.
commercial
and
sale
(below)
of
natural
have
respective
gas.
severally
numbers
of
'
agreed
shares
of,
No. of
Corp
Shares
lo,000
Refsnes, Ely, Beck & Co,__
Shuman, Agnew & Co.____
16,000
Lynch, Pierce, Fen¬
&
Walston,
Beane.;
6,600
Hoffman &
Goodwin
1,350
Bosworth, Sullivan & Co.__
Central Republic Co.
(Inc.)
800
Butcher
&
800
6,600
Witter & Co
*
1,350
1,350
6,600
Crowell,
Weedon
2,500
Sherrerd
&
Co.___
Elworthy & Co
:
800
800
:
A. C. Allyn & Co., Inc
Newhard, Cook & Co.___;
2,lno
Estabrook
1,600
Kebbon, McCormick & Co._.
800
Pacific
1,600
Smith, Moore & Co._______
800
Co.
Stroud
California—
of
&
CO.,
Burgfe
Co.__
800
1,600
Sutro
1,600
Wagenseller & Durst,
Henry
&
Co
...
169,
800 ;
800
Dahlberg & Co
Davis, Skaggs & Co.______
-700
1,350
Co.-
Inc._
1,350
Kraus_i___"
Milwaukee
&
1,350
Inc._
&
Richards & Co.___.
Grimm
&
400
Co
400
:
400
2526.
p.
Central
Illinois
Public
Service
Co.
—
Stockholders'
of the largest
equity financing transactions of the year in the utility
fie)d; company is offering to the holders of its common
stock rights to subscribe for an additional 446,000 shares'
of common stock (par $10).
The offering has been un¬
derwritten by an investment banking group composed of
51 members headed by The First Boston Corp.
'
Subscription warrants entitling the holders to sub¬
scribe at $14,125 per share to one new share of com-,
mon
stock for each five shares held of record June 9,
1949, expire on June 23, 1949.
addition
cost
to
agreeing
of
one
to
purchase
•
any
new
unsubscribed shares,
stock prior to
common
the
the
•
proceeds will be used by the company to pay in part
and improvements to be made to its properties,
additions
its
*
electric properties.
•CONSTRUCTION
company
some-1'
available
from
oper¬
the company
program
changed,
estimates
PROGRAM—On
that
it
will
the
expend
basis
of
present
approximately
costs,
$24,100,000
the
in
1949-Dec. 31, 1950, for additions and improvements
to its properties, principally its electric properties, of which approxi¬
mately $12,000,000
will be expended in the nine months ending
Dec. 31, 1949, and approximately $12,100,000 in 1950.
These expend!- ;
tures consist 'of approximately $10,750,000 proposed to be expended in •
connection with the installation,- to ,be completed ^ 1950, of an addi¬
tional unit of 69,000 kilowatts tapacity in the company's steam electric .
generating station on the Mississippi River /teaf1 Grand Tower, $2,750,000 in connection with" the construction df about 103 miles of
138|o00-volt transmission lines (and related substation facilities) from
Meredosia
to Quincy, Grand Tower
to Anna, and Grand Tower to
West Frankfort, and about 311 miles of 69,000-volt transmission lines
(and related substation facilities) from Havana to Macomb, Lawrenceperiod April
1,
.
currently
stock
was
No. of
■-■PURPOSE—The
more
increased
be
funds
plus
to;
below;
Boston
principally
than
subsidiary transaction
to
aggregate,
stock
common
natural
to
and approximately 28%
-
Merrill
the
to'the actual date of closing such transaction.
sources
by
for
which,
items
respect to the new
1949.-
capital
amounts
other
and
amounted,
the closing with
on
additional
101
applied
were
\
..
incorporated
may sell shares of the
expiration of the subscription offer.
part
$160,000 for
pay
plus
receivable
have
anticipated
which
to
proceeds
property,'
at
Shares
the
prdposes
1949,
,
program.
company
Net
20,
is
electric
•
In
Ariz.
Trust
In
80,000 shs.,
by
$5).
(par
is
company
155,945 shs.
1,140,000 shs.
.
limited
April
on
"
to. 2,000,000 shares
(par $5)
each,'
share of common stock was changed
underwriters
to pay currently
loans, aggregating $2,000,000 and the
re¬
toward the cost of company's construction
construction
will
will
proceeds
4,000,000
*2,000,000 shs.
authorized
par)
outstanding
.
i
2100.
National Bank of
agent,
Valley
-PURPOSE—The
2,500,000
160,000 shs,
200,000 shs.
.'_
Rights—Stock Underwritten—Marking
Corp. and Blyth & Co., Inc.
underwriting group which offered to the
80,000 shares of $2.50 cumulative pre¬
ferred stock ($50 par) at par.
Registrar,
$8,500,000
[
as
meet
instalments
by
Outstanding
)
*
-
as
share
FINANCING
f
Wesley Hall & Co.
plant,
race
holds
Club
Mr.
PRESENT
Authorized
preferred stock
set forth
'
general
history
the
of
-399,427
$949,872
1979__i
June
purchase
stock
The
track from',
Colo., who '
race
$80,000 payable in four annual
Jan.
a
Denver,
cost
247,463
$755,385
1977_I_
UNDERWRITERS—The
—V.
■;,,
the
for
Richard
the
racing
hold
to
12,
operating a
racing
at
331,450
$1,498,708
,
$1,537,662
_
previously
tric energy
to
Hill
15
templated
sold
deductions
existence
sells
Ball,
1953.
an
outside
issues
1,
horse
operating
no
construct
ations, approximately $8,000,000 must be raised by
indicates
10,041
$1,002,848
William R. Staats Co._
Is
and •
March
and
adopted
Club. has
to
the
given
site.—V.
public June
and
$15,696,485
Jan.
due on
authorizing
was
necessary
the
and
$80,000
has
jointly head
what prior
&
1950,
1,
Offered—The First Boston
taken
Boston
Jan.
;
with
balance
the
on
<no
Cos. 8,607 shares of common stock
Price, $29.50 per share; 'Offered by The First'*
Corp.; Smith; Barney & Co., and Whitihg, Weeks
its
Deah
it
annum;
per
building
law
Club
the
acquired
and
The
The
is
of
purpose
:
Newtcn
beginning
trust
it
as
which
of
Western Massachusetts
par).
5%
of
beginning
organized
was
the
horses.
1948'.
z,
affiliation
site
Club
for
of
whether
.
$200,000 had
!
Nov;
Quigg
.The
Gas- Transmission
(par
rate
year
a
last instalment being
pari-mutuel
.
Club
no
$160,000
to
racing
inasmuch
outstanding
stock
by Smith, Bar-
21,102
$1,830,158
Corp
common
Offered
ney & Co.
'
„
•
Shamrock
Minnesota
.
Curtis,
,
'f
of
<
one
SOLD
$1,600,000
160,000 shs.'
40,000 shs.
$80,000
•'
160,000 shs.
the
at
$20,000
the
organized
with
held
'1949.,:,
Jkmes
of
Weeks'; Blyth & Co., Inc., and Paine, Web¬
&
ber, Jackson
.
Co;
par).
Pacific Finance Corp.
Hornblower
•
Power
by Lehman Brothers.
k
667,685
'■
Northern
first'
the
stock
par $1).
Price, $7 per share. Offered by Reynolds & Co.;
Dean Witter & Co., and Laurence M. Marks & Co.
1
-1
of
ETC.—The
the
doubtful
havb
by The First
29,773
Blyth & Co., Inc
Outstanding
40,000 shs.
interest
thereafter,
was
and
is
in
•
]
1
for
note
94,500 National
,j
Electric
&
$25»;
(par
ARE
$80,000
instalments
Colorado
yet,
stock
common
Offered
each
ner
$1,600,000
(par $5)
carries
note
in
It
*
track
The
U,191.237 Lynn
stock
common
Jan.
1949.
'
•;l
20,000
$17.50
SECURITIES
ALL
411,747
$1,336,797-
$1,888,656
1,500,000
and
The
as
meet;
race
,
shares
18,000
IF
Class A
payable
Offered by Blyth & Co,, Inc.; Lee Higginson Corp., and
...^
6%
."This
stock
common
^Effective
-'
•
Authorized
HISTORY,
Atlantic
voting
sale
which,?
$300,000
conducting
for
necessary
•
"Promissory note
.
Offered by Tifft Bros, and
Moseley & Co.
1,954,026 Great
—
Price. $16 per share.
par).
the
(of
first
its
(net)
Stope & Webster Securities
Class B
Emlen
'
"
of
$992,806
and at wholesale to the Salt RivCr Valley Water
the Arizona Power Co. and the Town of Wickenburg,
among others.
It sells gas service at retail to residential, commer¬
cial and industrial customers.
During the 12 months ended March
31, 1949, approximately 72% of revenues was from the sale of elec¬
100,000
from
directors
approximately
of
sum
commencement
*
Offered by Paine, Web- '
,
I
the
the
to
$1,809,056
industrial .customers,
*
136,500 Dewey & Almy Chemical Co. 6,000 shares of
!
available
prior
$1,858,882
UseTS Association,
will be applied to working,,
costs over and above Its esti¬
balance will be applied to the
race meet and it is the desire i
any
that the
conducting Its first
of
CAPITAL
;
meet
anticipated minimum
the
meet
race
to
444,435
bonds
trio power
remains; unexpended),
have
Club
capital
and
871,972
970,553
stock
tThese
It
3,000
remaining
officers
941,552
988,233
purchase,, distribution
,2,500
——______
proceeds
to
anticipates
Club
expense
the
working
stock
and
reserve
The
the
with
common
this time, $89,891
capital
that
648,125
•
for
642,201
*
Company is an operating electric and gas public utility engaged
principally in the generation, purchase, distribution and sale of elec¬
6,000
—
class
7,204
currently limited to Feb. 1,
1952,
extended, from time to time, for successive periods of
accordance with Arizona law.
*
48,000
—__—
______
balance,
the
7,204
1,063,079
BUSINESS—The
22,500
furniture
561,272
7,726
inc.-
"Unlimited
from
1,200
Publicity
at
St.
of
Cj.
$1).
(par
Office
664,122
taxes_
due
.
.
7,740
Administrative expenses
>
Offered
by Blyth'& Co.. Inc;
90,000
*
1
■
Pierce,
Co.'"
Co.
capital stock (par $10)., Price, $19.50
_
_
Foundry
Price,. $1974 per share. Offered!
& Beane, and McDonell
(no par).
Lynch,
280,800 Campbell,
i
•:
stock
Merrill
Cannon
&
843,512
six institutional investors.
company's construction program.
12,000
1950
3,980,381332,092
912,179
'
-
—
debentures- due
5,134,349
394,878
interest, to
25,000
—
—
$7,271,697
$8,509,768
to authorization but issuance
earnings and other provisions of the mortgage.
>
——
agent's fees, cost of printing
;
Accounting fees
Legal -fees
series
I
transfer
and
—Dec. 31
7,337
than
series
Common
of
Co., Inc.—_______—
of the securities including
sale
of
electrio
part
for
548,513
$2.59 cumul. preferred stock ($50 par)_
*
Stubbs.
of capital
rt3%
leased
be
to
development
early
demand
558,106
res. appr.
income
3 Va %
$1,680,000
20,000
plant—
1950____^
totalizer
ap¬
electric
EARNINGS
mortgage bonds:
2%%' Series due 1976__,
'
if;
.
.
OF
Mar. 31,
income
into
required:
Installation
the
in
further
CAPITALIZATION GIVING EFFECT TO
,
expected
is
SUMMARY
1st
to
down
average
available
anticipated
/
Net
Corporation
The
from
become
;
Total income
-j,
-
stock.
common
Club
the
to
will
company's
prof.
$1.10 cumul.
Salaries
294,150
•
•
10% of the
aggregate
offering
price
and
will approximate $240,000.
The net
proceeds will be
applied tor the' following purposes to the extent
Estimated
stock
-
is
trustee for
the7"
the debentures; and
Colo.,
for
distribution and
is of the opinion-
property.
The management
from government hydro-electric
_1_.
income
Gross
-
Co., > Denver,
gas
'
lot at
part by
expenditure,
$2,535,000
for
revenues-
exc.
oper.
Other
due Jan. 1, 1965.
Interest
Debentures are subject to>
1949;
each
July
in
1
registrar
and
agent
Payment
Offered by A. G.
capital
in
PURPOSE—The
%
of
time
International
.
First"
The
~
Co.
The
stock.
common
Offered
Price, SIC,a per share.
Edison
(no
$25).
Price, $42,375 per share:
Offered by The First''
Boston Corp.; Smith, Barney & Co.," and Whiting, Weeks?
J
-
Co.
share.
per
to
time
that
.
&
stock (par $1).
?
$50
Jan.
~
&
Net
redemption at the option of the club in whole at any time or
redemption of the debentures.
all
and Shields & Co.
1,250,000 Alumihiittt Co. of America 25,000 shares of
}
^
stock
common
Offered
Mosley, & Co.,
F. S.
of
Offered—Bre-
speculation.
a
Security Co. is registrar for the Class A
_//
Financing
20,000 ' shares
dated
are
annually
as
estimated
production;
$2,040,000
of limited-term
Taxes—other
the principal amount thereof' and
accrued interest.
The indenture provides that the club shall pay into
the sinking fund 30% of its net Income annually for the purchase and;
•<
Banks
and
lrom
offered
are
debentures
payable
call
($50,605,000).
money -
Newcomb,
7;
'•
r.
„
The
consolidated
March
new
G.
//
Intermediate
$805,000
,
by
'.
'
■' ' v
Issues
.
Securities
Issues
debentures, dated June 1, 1S49, due Sept. 1, 1949. Purpose;
refunding. Price, par. Offered by M. G. Newcombj liscal:;
agent, New York.
/
"
'
;•
; ••
$88,675,000 '
i
Agency
Club, Inc.—Securities
Turf
this
Of
electric
voltages;
Ended—
investments
reton, Rice & Co., Inc., Denver, is offering $1,600,000 6%
sinking fund debentures and 160,000 shares of Class A
common
stock (par $5) in units of $100 of debentures
and 10 shares of class A common stock at $150 per unit.
stockholders.
...
1,
1949,
($5,025,000);
Offered
par.
York.'
32,045,000 Federal
<•".
Credit
'Intermediate
Price,
New
by
-Price,
by Herrick, Waddell
and Townsend, Dabney-
..
Government
refunding
pose,
'
surplus,
Centennial
offered
Inc.,
..
and
and
subscription
Co.,
■
debentures,
i.
for
shares
&
Geyer
stock!
common
■
$56,630,000 Federal
'
Offered
(34,829)
Inc.;
capital
of
for
River
■■■'(■.
Prop: retirem't
for the month of May, 1948 and for the five
31,'1948 reflect the effect of a strike which started'
April 8, 1948 and ended May 12, 1948.—V. 169, p. 2526.
'
-
shares
50,000
increase
Purpose,
fhare.
per
Co.
power
the
meet
Months
Inc.
Peerless
is
common
Maintenance
NOTE—Operations
=
60,000-kilowatf
new
a
'49 ■
Operating revenues
$10,604,311 $10,140,774
Oper. exps.—operation5,019,860
5,216,493
months ending May
$750,000
for
Colorado
to
12
1949—5 Mos.—1948
*873,558
instaling
power.
$7,101,355 $107,015,475 $70,284,455
1,426,912
/'Deficit.' '
.
improvements.
various
additional
the
.
1949—Month—1948
and
at
$220,000
-
.,
facilities
$205,000
of
proposed
,
,
of
process
amount
distribution
*
,
the
in
presently
latter
proximately
the
to
approxi¬
The* company's construction program for 1951 is currently estimated
require approximately
$5,000,000
of
additional
expenditures for
new
American's*
pursuant
made
of
facilities
of
1949.
31,
1950.
•
April, 1942.
Commission's ap¬
the
this
1,
in
SEC
to
to
cease
North
of
the
being
Is
hearing June 28
a
American
Divestment
ordered
was
sale of the
U-44(c).
hold
North
sale,
Transit.
Transit
Rule
will
such
Capital
Capital
Company had entered into com¬
installation
estimated to cost approximately $8,500,000.
approximately $406,000 had been spent to*
March 31, 1949, and an additional amount of approximately $2,544,000
is
expected to be spent by the end of 1949.
This 60,000-kilowatir
unit
is
now
expected to be ready for operation on or about June.
Grady
arranging,
for
is
company
turbo-generator
H.
Gore,
compensation
price
at March
$3,738,000 for gas distribution
voltages;
property.
purchase' and
is
company
(■
Whit-,
.
the
Of
'
purchase
at various
common
the
in the process of instaling a nei/ 11,500-kiloviatt
tUrbo-generator estimated to cost approximately $1,680,000, of which
approximately $803,000 had been spent to March 31, 1949.
This unit
was
expected to be ready for operation JUne 15, 1949.
In addition,
the general funds
the
for
for
a
estimated
distribution
$602,000
The
or
_•
added to
1V2%
of
is
mately $4,800,000
1940, and the second'
12,
Caterpillar Tractor Co.—Earnings—
H. M. Payson & Co:; Perrin, West & Winslow,
Inc.; Piper; Jaffray & Hopwood; Irving J. Rice & Co., Inc.;.
Schirmer, Atherton & Co.; Starkweather .& Co.; Stix &'
Wagenseller & Durst,
A
as
and
however,
obtained,
be
may
through bank loans (including
the credit agreement) or through
PROGRAM—The
require
gas
It
mitments
The balance of the pur-,
closing
■
commission
Period End. May 31-r
California;
Co.;
distribution."
to
due Aug.
U47.
of
Co.
completion
while
The
.
p.
Mitcnum,
Pacific
electric
the
to
Commission's
Co.;
A
James
securities
proval,
Brush, Slocumb
Securities
Corp.;,-
Co.;
&
acquire
"earnest money
as
12, 1349.
North
by
and
Purchase
Co.;
City
Co.;
paid
interest
Clayton
Securities
Corp.;
Crowell, Weedon & Co.; Esta-.
Co.; Hayden, Miller & Co.; Hayden, Stone &$Co.;
,
Investment
Hutton
E.
Tully
Monroe
Braun,
W.
W.
Columbia
brook
Co.;
J.¬
and
he
sale.
any
Offered
by Harrimnn Ripley & Co.,:
Inc.; A. E. Aub & Co.; Bingham, Sheidon & Co.; Bosworth;
Sullivan
will
Wein-
and A.
agreed
$500,090 is
American.
Jr.,
After
of:
discounts
of
that
represented
not
paid,
as
the "amount of
of
Price,
'
•
has
| The entire, proceeds of tha sale will be
COMPANIES
investment.
S.
Doran
(4,500);
the total purchase price."
be
to
date
(12,500);
Wolfson
Saul
(5,000);
Gerbert
B.
.
TRUSTS,. TRADING AND HOLDING
$1,402,5G0 Shareholders
W.
E.
cash, has been.advanced
of $939,160 on Sept.
INVESTMENT
and
facilities.
,
upon), to the extent of $500,000
in cash and to the extent of $1,439,160 in the form of two 3% promis-'
sory notes of L.. E. Wolfson, one of the purchasers.
One of such, notes
in
_
(12,500);
Broadwater
B.
(5,000);
•
.....
,
investment
price
Wolfson
A.
purchasers
account
such- earlier
$9,165,000
"
the
"for
W.
Surasky
(2,000).
of
on
Sam
(12,500);• J.
Jack
$250,000 in
ment
& Co.; Stern Brothers & Co.;
Wertheim & Co., and Wcod, Stiuthers-
.
E>ich:
stock
Barney
G. H. Walker & Co.;
...
Maynard
Co.;. Piper; Jaffray
(5,000);
Rosenthal
Co.; Kidder, Peabody & Co.; Kirkpatrick-Pettis Co.; Kuhn,
Loeb
&
Co.;
Lehman
Brothers;
The
Milwaukee
Co.;;
i
(50,458);
Wolfson
stein
&
(Continued from page 2)
r
,
Cecil
Hutton
E.
-
funds
securities,
be obtained under
thereof.
increasing demands for electrio
substantial expansion
of the
company's
that
expenditures for new construction
will amount to $9,575,000 and $9,550,000 for 1949 and 1950, respec¬
tively,
aggregating
$19,125,000.
Of
these
estimated
expenditures,
approximately $3,668,000 is for electric production; $5,117,000 for
worth,
,
additional
of
CONSTRUCTION
power
Sullivan & Co.; Burnham and Co.; Central Re¬
public Co. (Inc.); E. W. Clark & Co.; R. S. Dickson & (Jo.,
Additional
program.
sale
combination
any
Investment News
the
loans ^hich may
from
now
con¬
upon
remainder
of
the
its
ville
to
Robinson,
Mattoon
to
Tuscola,
and
Paxton
to
Hoopeston,
*
THE
(2640)
transmission
facilities,
$6,200,COO for
and $1,350,000 for other electric plant
facilities.
The company estimates that
approximately $20,500,000 of the funds required lor this construction
program will be provided out of the proceeds from
the sale, of the
$2,550,000
for
$500,000
19*6,
for
stock
common
and
electric
other
distribution
electric
and
from
and
available
funds
ciated
with
lor depreciation and
amortization during the period and the remainder
(82,600,000) from additional financing in 1950, the nature of which has
been
not
the
company's
trends,
continue
may
be
territory
the
company
for
estimated
and
Nov.
common
stock.
of 30c
rate
The
its
on
mined
the
per
declared
and
light
The
existing.
CAPITALIZATION,
Series A,
Series
in
Authorized
2%
3>/e%, due Jan. 1,
<150,000 shs.
authorized)
Common
6tock
the
or
in
of
after
or
option
office
of
of
150,000 shs.
in
customers
in
in
engaged
distributing
21
of said
12
counties
61
in
and
selling
communities and
counties,
natural
and
central
rural
southern
Illinois.
the
Amsterdam,
adjacent thereto
areas
Of the 446,000 shares of common stock
tt» exercise of
tages
the
of
purchase,
the
subscription
unsubscribed
are
which
the
and
each
has
Percentage
t
The First Boston Corp.___
9 00%
6.00
Edward D.
Co.,
&
Inc
Republic Co.
6.00
Eastman, Dillon & Co.__,'
6.00
6 on
Lehman
Carl
6 00
Glore, Forgan & Co
Goldman, Sachs & Co
6.00
Brothers
Smith, Barney & Co—_
A. C. Allyn and
Co., Inc.
Pforzheimer
H.
Sills.
Falrman
&
2.00
Bosworth, Sullivan & Co.
2 00
Dixon
Co.
&
Inc.
Co
2.00
Co.
&
Inc
Noonan,
Pacific
2.00
Pacific Northwest Co.
Collins
&
Co
California
of
Co.
1 AO
Seherck,
Co.—
1.50
William
Farwell, Chapman & Co.
1.50
Hie
H.
Davis
Illinois
&
Co
-
Hetobon, McCormick
Co.
1.50
Schwabacher
Straws
Ames,
&
Co.—
&
Blunt
Ellis
Simmons-
&
1.00
Byllesby
and
(fflic.)
Co.
McJunkin,
1.00
—
Cruttenden
Co
&
Wells
&
8.
L.
A.
Luthringer,
27
was
An
of
E.
the
Executive
F.
Kelly,
Engineer
and
a
formerly
also
COMPARATIVE
Period End. Mar. 31—
since
director
Nov.
to
''V\
,
other
income
f
.
Grose
Int.
♦Bonds
*
par)
•
be issued in
may
or
one
—V.
1,
1946,
the
stockholders
at
special
a
meeting
per
of
16
filed
a
shares-
,
50c.
D.
per
C.
share:' Underwriter^
Proceeds
Woodward
will
be
Emory
for
used
-
"
'
1
1
•
;
-
.21,147
120,427
99^138
The
for
:
&
$1,676,551-
552,748
435,911
1,973,015
$1,240,640
$4,547,988
>
$6,521,003.
$6,166,706'
•
CO,000
June
on
shares
($5
notification
business
and
for
general
•
letter of
a
preferred.
par)
Goodwin, Los Angeles.
loans
1,689,556
filed
9
Proceeds
corporate
t
$0.50
■
$0.49
,
5
$1.77w
t
•
„
The
$4,477,150
$1.74
cents
!;
record
Chicago, Burlington & Quincy RR.—Equipment Trust
Offered—Halsey, Stuart & Co. Inc.. won the
awnrd June 15 of $2,060,000 2%
equipment trust certifi¬
cates, due $103,000 semi-annually from Dec. 1, 1949 to
June 1, 1959, inclusive. Issued under the
Philadelphia
plan, the certificates were reoffered, subject to authori-
•
Certificates
by
the
ICC,
at
prices to
2.325%, according to maturity.
The
issue
was
awarded
on
a
all
bid
of
yield
from
1.20%
to
2*16.
'
.
The
of
4%
99.561.
Other
bids
received, '• <
l
directors
per
have
share
June
declared
the
on
15.
>A
directors
each
record June
1949.—V.
i and
will
be
Co.,
to
"1' .7
common
three
common
stock,
15, and the other
168,
p.
on
2681.
ago
one
SEC
-
.
Cleveland
Cliffs
Iron
Cleveland
with
Payments
preferred
when
Cliffs
stockholders
the
to
stock
the
in
Corp.
the
parent
r
with
the
repay
:*
.
holders
Cdrp,
nearjy
shares
$200,000
SEC
manufacturers of machine
are
tools,
the company rendered electric service directly
and
to
electric
rural
a
the
cooperative,
total
making
for
revenues
the
exercise
of the
principal
underwriters
stock
subscription
the
of
as
not
are
warrants
of
and
sucb
subscribed
purchased
or
a
year
respective
percentages
of
agreed to purchase,
the
unsubscribed
are
stock
which
to
each
First
Boston
follows:
as
Witter
Corp
36
Co._„______—
&
&
Co
12y2
—
Cd.—
Columbia
27
—_
12
—
Co., Inc
12
,
Gas
System, Inc.—Results of Stock Offer—
Olson, Financial Vice-President, said June 16
he had been advised by Irving Trust Co. agent for the
corporation's offering of 1,345,300 shares of common
stockr that a total of approximately 1,040,000 shares, or
over 77%, had been subscribed for.
shares
O
.
;
:
record
Dec.
15,
to
said.
ceeds
of
Iron
to
,Co„
a
of
To
interest
from
of
last
holders
of
record
This offer
held.
on
$10 at
over
and
the
offering
unsold
I
r
balance,
since
It
has no
present
is believed
that
inten-
the
pro-
together with the proceeds of the corporation's conof additional debentures, will meet its financial
1949.;
for
~
that, the corporation
"
"•
■'
t
"
.
;
has requested SEC authorization to invest $6,100,000
installment promissory notes of its subsidiary, Manufacturers
Heat Co. (Pittsburgh).
'Proceeds of the notes would be utilized by Manufacturers in con¬
company
nection
times
The
:
dealers
of
in 3V4%
Light &
with
and
mainder
i
May 24 for
not underwritten
was
SEC
hearing
its
construction program,
such
in
of
amounts
as
the
funds
notes
are
to be
lequired
issued
during
at
the
such
re¬
1949.
has
upon
given
interested
the proposal.—V.
persons
169, p.
until
June
28
to
request
a
2527.
Columbus & Southern Ohio Electric Co.—Dividend—
declared an initial quarterly dividend of 35 cents
payable July 11 to holders
This is equivalent to the 70 cents paid each quarter
on
the old $10 par common stock which was recently split up cn a
two-for-one basis.—V. 169, p. 1777,
directors
have
share on the new $5 par common stock,
of record June 25.
pre¬
was
to
Invest $6,100,000—
The
;
r
•••
the
sale,
this
itemplated
The
con¬
group
which
10
further/Stated
oflering
(requirements
!
*
-
Olson
Mr.
tion
Merger Re¬
1947.
■
*
of Cleveland-Cliffs
each
Corp.
* "Considering the unfavorable market conditions prevailing through
the final days of the offer; these results are highly
satisfactory," Mr.
Olson
2%
of
offered
were
featured
by the participation of hundreds
(country under the direction of The First Boston
i
;■
Iron
Co...
July
19,
Court appointed appraisers of the stock.
Recipients of the payments dissented from the 1947 consolidation,
involving 487,000 preferred shares in Cleveland-Cliffs Iron Co.
At
Pleas
engaged
contract.
shares of additional common
the
and
.
in
under
electric customers.Of
Boettcher
:
to holders of
paying $3,200,000
of 26,753
Include
Common
is
1949,
! Woodcock, Hess &
—V. 169, p. 2416.
-
'
dividend
' '
Cleveland-Cliffs
31.
Sullivan
current bank
+*;. r
quarterly
Co.—Dissenters
Cliffs
is
wooden and metal novelties, building tile, ftre
clay products, a brewery, grain elevators, beet
alfalfa mills, milk condenseries, and canneries.
Bosworth,
ceive $3,200,000—
solidated
It
tire
!
Office, *
declared two stock dividends '
payable June 30 to holders of
Dec: 31
Colorado
by the company
<
stock, payable June 30 to holders of
months
of
company
21,429
Dean
similar'
about
the
on
Colorado.
1,335 commercial and 333 municipal and power
addition to the sale of electric energy at wholesale to a
in
severally
!
-
the-regular
of
units,
15,925
the
The
Washington,-.
purposes.
notification
used
State
Percentage
*
per
ferred
169,
r
the
payment was made on March 31, last.
In 1948, the following dividends were
paid: March 31, 7'/2 cents; and
June 30, Sept. 30 and Dec. 30, 10 cents each.
The
-
naming a 2% coupon, were: R. w. Pressprich &
Co., 99.5385; Lee
Higgjnson Corp., 99.337; Harris, Hall & Co.
(Inc.), 99.044.
xlae certificates-will lie issued
to provide for not exceeding 80% of
the cost, estimated at
$2,597,000, of 300 refrigerator cars.—V.
p.
with
Underwriter, Walston,- Hoffman
purposes:
the
in
are
energy
the rate of one for
Building, Washington, D. C.—V. 169, p. 1446.
company
75.003 shs.
provided in the company's
l, 1939, as supplemented.
as
March
upon
to
Clary Multiplier Corp., Los Angeles, Calif.—Filing— ^
/
?
600,000
100,000 shs.
-
unlimited except
residential,
.ii--
J
$600,000
business
Co.
other
utility
the
of
has
as
17,388,569
'r
600,000
1,
—
UNDERWRITERS—The names
I
i
1 J
20,432,983
$1,300,000
-
.
•
"'
-
H. Edwin
Warren :&
S.
general
FINANCING
Outstanding
\ the extent of 750 shares reserved for employees, officers and directors,
.
.
(24,958 shs.
2,000 3hares ($12;50 par) class A common and 1,500 shares of
(25c, par) class B common.
Price, .class A, $15 per snare .and class B
■
$6 067 568
■
:
for
'
PRESENT
31, 1949, about 69%v was derived from residential
commercial customers, and about 18%
from industrial customers.
i was
of
TO
EFFECT
due Nov,
May
which
March
of
ended
on
letter
develop¬
BUSINESS—Company was organized in Delaware
a public utility operating in three separate
the
served
customers,
small
$5,000,000
of
in
refineries,
14,255
The
The company on June
further
and
.
Company is
disposal
of
As
stock
Martin
customers
new
^
and
sugar
,
Citizens Credit Corp., Washington, D. C.—-Filing—
$1,275,006
com.
brick
receive all of Film Classics stock, plus $200,000 of
its debentures.
return, Cinecolor would receive 130,000 shares of Cinecolor common:
held by this group,—V.
168, p. 1252.
In
on
.
total
sewage
June 14 approved a pro¬
posal to transfer the company's wholly-owned subsidiary, Film Classics,
Inc., to Joseph Bernhard and Associates. Under the plan the latter
late
to
$10)
are
of
as
of electric
industries
elected
was
$L827,764
169, p. 2311.
i
Cinecolor Corp.—Sells Subsidiary—-
1949—12 Mos.—1948
4,882,648
~
income
.
total
2,493,334 shs.
series without limitation
more
amount
or
population of the cities, towns, communities and rural
served by the company is estimated to be 65,000. • The
activities in the territory served by the company include
agriculture, the raising of livestock, and manufacturing.
Among the
270,000 shs.
(
nature
1949
series C, due
debs.,
(par
Service
The
,
$15,000,000
30,000 shs.
for
of the purchase, transmission, distribution
for light, heat, power and general industrial
and utility purposes.
All of its operating revenues for the 12 months
ended March 31, 1949. were derived from supplying electric service.
The company purchases all of its electric energy requirements from
for
——
the
when
territory
principal
j ■'
.
400,000 shs.
2,500,000 shs.
($100 par)_
able to state
or
it
will,
construction
company's
*
AND
all
sale
Public
$45,500,000;
Distributions Declared—
Net
Baim
<;
:
principal amount of bonds at any one time outstanding to $30,000,060. The present debt limitation imposed by the articles of incor¬
poration is $10,000,000.
(Of which 24,622 shares are owned by the
company and 336 shares are publicly owned.—V. 169, p. 2416.
-
^$6,400,576
-
a
year
gate
21,267
deducts,
does
FINANCING
,
com¬
present
now
noi
program
GIVING
bonds,
issues
1926.
districts
aggregate principal amount, but subject to the restrictive provisions of'
the
first mortgage of the company.
(The first, mortgage of Union
Light, Heat and Power Co. dated as of Feb. 1, 1949, limits the aggre¬
The
succeed
Vice-President,
a
' '
'
other
—!
series
($8.50
Capital stock ($100 par)
$1,655,404
(net)——
stock
Light, Heat & Tower Co.—
First mortgage bonds, 3% ser. due 1979
$1,80-,487
income
and
.
series
29,
principally
stock
common
"
the
the
with
earnings,
1935.
1.00
Outstanding
'
/
-
part,
together
retained
bonds, series B, due
fund
stock
HISTORY
and
PRESENT
finance, in
undertaken
be
—
1.00
.
Union
$6,538,052 $26,833,559 $23,456,137
5,560,247
<-Net oper..-ineome—--
4 *
1978
.50
INCOME ACCOUNT
$7,386,734
_—
bonds:
due
.50
established
HM0—3 Mos.—1948
Operating revenues
Oper. exps. and taxes—
TO
shares
45c
'
mortgage bonds owned by the company. Company
that further financing will be required through the
EFFECT
than
more
unpurchased
on the common
stock were paid at the rate
quarterly from June 1, 1946 to date.
The last quarterly dividend
per share was paid on June 1,
1949, to the holders cf record
14, 1949.
Company has paid dividends on its common stock
of
Oct.
'■
the
and
since
1.00
John E. Joseph & Co.,
of
original
by
not
by
instru¬
May
1.00
due
GIVING
sinking
of 45c
<
i
sale
of
prior
paid
DIVIDENDS—Dividends
1.00
the
for
—_4.
indenture dated
•
Co
consisting
Lindsay (Chairman), R. B. Tulpin and Mr. Luthringer.
'
«,
Cohle & Co.—
from
to
and
provide
services
1976
^Additional
•
B.
series
2%%
1976
3%%
.1,
Common
Co.,
Co
extent
proceeds,
Company is
facilities.
1963
H.
&
be used
reserves
to
1950.
will
of
existing
1,
37/s %
:
1975
<>
was
,
<
1.00
,
be
employees, officers and directors
Such
from
construction
mtge,
Aug.
Clancey & Co
proceeds
27/e%
pfd. stock, 4%
financing
mtge.
Aug.
P.
Middendorf
will
program.
cash
late
extension
of
First
W.
-
stock
been
warrants
Authorized
2.00
first
Common
.50
Board.
Committee
net
due
Cum.
the
First
will
Production
elected' President
Magraw.
Chairman
Co
2 7/e%
-
Scott, Horner & Mason,
,,
for
2.00
-
&
the
have
.
2.00
—1—
Authorized
.50
-
Patton & Co.
Mullanev,
1.00
Inc.
to
unsubscribed
Any
sufficient
be
who
underwriters.
and
through
stock
to company
price.
proceeds
company's
ment
4.00
Inc
mortgage
Unsubscribed
the
dealers
the exercise of subscription
construction
estimated,
securities
through late 1950
aggregates approximately $1,150,000, of which $600,000 will be spent
in 1949 and $550,000 in 1950.
These expenditures are for transmission
lines, substations and other distribution facilities which are required
will
expect
to
resources
The
4.00
bonds,
sold
be
additional
2.00
Thornburgh Co.-
A. E. Aub & Co._
Edward
Brockhaus
4.00
per share for 21,429 shares
(par $10) at the rate of on^
sell shares of the new common
subscription offering.
Fees will
the
obtaining
thereof.
2.00
<
The
—
thereof.
2.00
C.
stock
selected
subscription
program
''
V
:
;
Offered
may
of
2.00
4.00
2%%'series
.50
Inc.
M.
6.50
Inc——
2.00
First
Changes in Personnel—
April
Company—
CAPITALIZATION
.50
Mason. Moran & Co
is
to
.50
Inc
Corbett,
,
2.00
W.
as
shares held
to
PURPOSE—The
1950, but substantial additional funds will be required thereafter if the
entire
construction
program
is carried out.
The amount, type and
date of financing then to be required are not at persent determinable.
Martin, Burns &
1.00
'
J
The
6.50
4.00
not
.50
Carter H. Harrison & Co.
,/
Nelson, Browning & Co
3.00
.50
-
will
as
C. H. Reiter & Co
.
.75
Co
&
Chicago
Co.,
—__
M.
Fen-
operation,
2xk
shares will be offered
the
in¬
are
Stock
—
respec¬
by them
Charles A. Hinsch & Co., Inc.
L. W. Hoefinghoff & Co., Inc.
Co—6.50
Co
Co.,
in
holders
at
1978, and part by the receipt In
February, 1949 of $2,295,700 in cash from The Union Light, Heat and
Power Co.,
a
subsidiary, in payment of a like principal amount of
First Securities Co. of
1.50
&
Itte.
H;
&
mortgage
.50
1.50
Blosser
Emerich
6.50
;—
&
expiration
underwriters
750
purchasers (listed
Breed & Harrison, Inc.—
Dryden and Co., Inc
Ellis & Co
——;
.75
Erown, Lisle & Marshall
Davenport
&
Co
i—
1.50
Marks &
sterling
purchasers and the
•
.
Co.
Power
common
each
underwriters
the
mental
Shares
6.50
Beane
.75
Co.—
to
the
be added to the company's general funds, from which the
will finance its 1949-50 construction program. Such construc¬
tion program is estimated to cost $35,518,892.
Part of the required
funds was provided by the sale on June 21,
1948 of $15,000,000 first
'
Dixon
!
M.
Inc
Co.——.
Pierce,
PURPOSE—The
.75
—
The
dollars
company
.75
Co.
Staats
inc.
&
Cor.
Laurence
Richter
R.
in
York City,
5%
shares purchased
7.50
Co
offered
Stifel, Nicolaus & Co.,
i.O0
Paul
&
Union's
.75
2.00
Htoroblower & Weeks
in New
Corp.
of
England,
debentures
% of
Bohmer-Reinhart &
.75
>
Harris, Hall & Co. (Inc.)
several
unsubscribed
.75
Bretscher
Central
CAPITALIZATION,
of the
names
in
stores
of record on June 10,
subscription warrants expire on June 28,1949.
The offering has been underwritten by The First Boston
Corp. and associates.
Electric Co.—Stock Subscriptions—
&
375
The
cash
The Weil, Roth & Irving Co.
1.00
A,
Eichler
House
London,
for
pany's
6.50
Lynch,
&
Pohl
1.00
Bacon, Whipple & Co.__
Julian
Otis
to
Co.__
St.,
relative
detached from such
30
Co.„6.50
&
Doll & Isphording,
Harris,
&
Beteman,
&
No.
Co
McDonald &
1.00
Brothers
F. S. Yantis & Co., Inc.-
Blair
&
ner
1.00
Inc.
Stern
6 no
Becker
&
Gradison &
Westheimer
&
~
the Counting
at
had
is offering to the holders of its common stock
1949.
paid
Nederlandsche
of
Co.———
Richards
D:
Merrill
1.00
Co.
be
169, p. 2416.
the
E. Bennett & Co.,
Hill
1.00
5.00
ffi.
&
W.
upon
Company
the
,
Field,
percen¬
Jones & Co
Ohio
The
Otoe.)
William
Hutton
E.
J.
Percentage
1.00
Dempstey & Co
Blyth
Centra]
for
agreed
will
Handel-MaatschappiJ
in Swiss Francs at the office of Credit Suisse
Coupon
of
BenJ. D. Bartlett
follows:
as
Colorado
company
D.
the
W.
located
such
respective
severally
debentures
Leadenhall
1949
28,
May
on
May 22, 1948.—V. 169, p. 2527.
on
share
% of
34,640
of
subscribed
not
are
as
warrants,
stock
underwriters
several
sterling
of
Seasongood & Mayerthe
company
rights to subscribe at $23.25
Shares
mining).
of
of
pri¬
were
Charles
half-year ending June 30,
Schroder Banking
office
or
debentures.—V.
percentages
follows:
gas
names
the
income
W. E. Hutton & Co. and several other
For the
12
months ended
March 31,
1949, about 92.05%
of the
operating revenues of the company was derived from the sales of elec¬
tricity, about 7.58% from the sale of gas and about 0.37% from all
other activities.
For the period, about 54.6% of the electric operating
revenues of the
company was derived from the sale of electricity for
residential
(including rural) and commercial lighting purposes, and
about 34.9% of such revenues from the sale of power for commercial
iw& industrial purposes (including about 13.3%
from sales of power
UNDERWRITERS—The
stock
others,
Crown,
below).
being supplied in 20 of said com¬
munities.
The
territory so served has an estimated .population of
approximately 650,000.
Company also supplies steam heating service
to approximately 260 customers in one community.
fbr coal
In
145
at
holders
is
It
approximately
to
gas
preferred
and
Henry
169, p. 2526.
for
'»
—21 Weeks Ended—
May 28, '49 May 22, '48 May 28, *49 May 22, '48
$12,685,947 $13,125,252 $67,295,715 $67,233,779
The
date.
Henry
at
tive
company.
—4 Weeks Ended—
249,334 shares of common stock (par $8.50) of¬
fered to the shareholders of record on May 12, at $22 per
share under their pre-emptive rights 240,170 shares,
or approximately 96.3%
were subscribed for upon ex¬
ercise of subscription warrants which expired on June 3.
The 9,164 remaining unsubscribed shares were sold to
2,676,000 shs,
new
Colonial Stores, Inc.—Current Sales Off 3.35%—
Sales Corp.—Interest—
sterling
payable
the
PURCHASERS—The
in
of
Co.
&
interest,
2%%
of
Co.,
Cincinnati Gas
BUSINESS—Company is a public utility engaged principally in gen¬
erating, purchasing, distributing and selling electric energy to approxi¬
mately 207,500 customers in 50C communities and rural areas adjacent
located
shares
Haupt
Iodine
5%
be
&
J.
Florins
in
the
the
on
against 384
investors.—V.
that
will
presentation of
Of
to time under the indenture of
amended, subject to the restric¬
tions
thereof, in any number of different series, as the board of
directors may determine.
Indenture does not fix the total amount of
bonds of all series, or of bonds of series A,
B or C, that may be
issued or outstanding thereunder.
(After giving effect to payment on
April 1, 1949, of $350,000 instalment due on that date.
also
in
R.
Stewart, an attorney representing the dissenting stocksaid both they and the company accepted a recent decision
by Common Pleas Judge Charles J. McNamee approving an appraisal
of $112 as fair cash value for each preferred share.—V. 169,
p. 2416.
holders,
\
-
50,000
Ira
Norris
rate
the
Schroder
the
come
♦Bonds may be issued from
time
thro company dated Oct. 1, 1941, as
thereto
dividends
$4,486,960 for
Zurich, or in French Francs at the office of Banque de Paris et des
Pays-Bas in Paris (in each case at the buying rate of such respective
banking houses for sight exchange on London current on the date
10,000,000
(3,150,000
3,000,000 shs.
equip¬
in
presently
(par $10)
of
interest
at
350,000 shs.
$100)
(par
cum.
series
on
Henry
at
$38,000,000
10,000,000
1953
the
at
respect
or
Outstanding
*
*
♦
1979—
due serially to Oct.,
notes,
Pfd.
stk.,
full
Such
OFFERING
PRESENT
TO
3%%, due Oct. 1, 1971
3%%, due Sept, 1, 1977„
B,
Series C,
<*%
EFFECT
GIVING
of new
cost
,
Sales
of
to
other smaller
interest
In
N, V.
bonds—
holdings
Chilean Nitrate &
J.
<
First mtge.
deducting
before
recently sold
with James
placed
The
deter¬
be
must
total
stock
for
James
company's net depre¬
2.14%
in 1948 compared
revenues
Corp.'s
Island,
1949,
board of directors from time to time in
position and other relevant factors then
the
cash
by
earnings,
of
dividends
such
but
1946. The
was
in
share
publication
a
operations.
1948
the
on
1.
Wiman and
«
on
of
company's
on
the
in 1948 were $254,982,710, compared with
1947. After charges and income taxes, there remained
in
Alleghany
Rock
on
amount
1.95%
and
shareholders were offered
$83.12y2
a
share, the closing
the market the day before the merger vote. Or, under terms
consolidation, shareholders could exchange holdings share-for-
time
figure
of
of additional
company
at the rate of 25c per share
29, 1947, and March 20, May
paid
that
RR.—Issues
1948 was $29,015,931."
$8,129,490
1948,
vately
the common stock have been
Feb. 28, May 31, Aug. 30 and
29 and Aug
31, 1948, and at the
share on Nov. 30, 1948, and Feb. 28 and May 31, 1949.
makes no representations concerning future dividends
in November. 1946, dividends
company
$725,721,632
of
1947
Monday, June 20, 1949
Chicago, Rock Island & Pacific RR.—Shares Sold Pri¬
STOCK—Since the recapitalization of the
DIVIDENDS ON COMMON
in
summaries the
"the return
that
vately—
1950,
that
approximately $600,000 will be expended in
$6,000,000 in 1951, for this purpose.
is
Pacific
&
preferred stock.—V. 169, p. 2526.
generating capacity in its Hutsonville generating station, and engi¬
neering studies with respect to the cost of such additional capacity
are now being conducted.
If such a program is adopted and if con¬
tracts for the installation of such capacity are entered into in 1949,
it
investment
2.38%
$231,478,568
as
indicated by
install additional
increase
required to
to
Paul
issued to each of its 38,000 employees
which
part
for the year
Total operating
determined.
present
in
ment
On the basis of present costs, the company estimates that it will be
required to expend approximately 86,800,000 in 3951 for additions and
Improvements to Its electric properties.
If demands for electric service
In
"Facts",
reveals
It
earnings and provisions
through retained
to be accumulated
The company has
entitled
31,
March
at
St.
CHRONICLE
Statistical Report to Employees—
utility
olfered
now
FINANCIAL
&
Milwaukee,
Chicago,
facilities
gas
COMMERCIAL
Commercial Credit Co.—Sale of Notes—Announcement
June 10 by A. E. Duncan, Chairman, that com¬
had privately arranged a 3.95% subordinated un¬
secured loan for $25,000,000;. due June 1, 1964, with The
Prudential Insurance Co. of America.
Of this amount
was made
pany
THE TOMMERCIAL
Number 4813
Volume 169
$20,000,000 was transferred on June 9, and the remaining
$5,000,000 is covered by an unsecured note due on or be¬
fore March 31, 1950, and which under certain conditions
is to be exchanged for a subordinated unsecured note.
When the $5,000,000 unsecured note due on or before March 31,
1950, has been exchanged for a subordinated unsecured note of the
total
net
earnings,
after
&
FINANCIAL
special
charges
aggregate
of
of subordinated unsecured notes privately placed with
three life insurance companies. While these loans arc outstanding they
are subordinated to all liabilities of the company and, therefore, have
about the same effect as an increase of the present invested capital
of the company of mere than $100,000,000 to more than $150,000,000
as a basis for credit.—V. 169, p. 2527.
credits
and
qf
Nine
dividend
payments totaling $8.25 per
the calendar" year
have been made In
share
$1,697,751,
while three payments, totaling $3 per share,
1948,
1949, through May.
The company's balance sheet as of June 26, 1948, shows total.cur¬
rent assets of $6,166,008 and current liabilities of
$3,102,118.—V, 168,
p. 741.
,
Consolidated Retail Stores,
Period End. May 31—
Sales
—V.
169,
Inc.—May Sales-
1949—Month—1948
1949—5 Mos.—1948
$2,925,141 $13,747,633 $13,733,946
$2,660,119
——
2101.
p.
1948
% Change
June
11
211,900,000
212,588,000
June
4
201,433,000
195,291,000
—0.3
+3.1
+2.2
+4.6
Week Ended—
1949
May
28—
213,723,000
209,218,000
May
21
219,314,000-
209,672,000
—V.
169, p. 2527.
to
Paper Box Co., Portland, Ore. The property will continue
operated as a folding carton plant by California Container Corp.
be
169, p. 1880.
the
At
meeting of stockholders held on June 15, Justin R.
reelected President, Beauchamp E. Smith of York, Fa.,
was
elected
was
Vice-President
a
in
to
addition
W.
G.
Jr.,
Bourne,
and
B.' Peck, formerly Assistant Secretary and Assistant Treasurer, was
elected. Secretary and Treasurer succeeding R. A. Stephen, who is
retiring.
of $20 par value may be
presented by hand to the Bankers Trust Co., 16 Wall St., New York, for
exchange for certificates of $5 par value In* the same nam* only.
Members of the Exchange using the bulk delivery of securities for
transfer
must
use
Bankers
Trust
Co.
Mr.
Whiting stated that it is anticipated that -Commonwealth's
loan, made with a group of New York banks in July, 1948, for
$21,000,000 and since reduced to $3,000,000, will be paid off in tuli
by October* of this year.
The weekly kilowatt hour output of electric energy of subsidiaries of
to show general business conditions of terri¬
tory served for the week ended June 9, 1949, amounted to 308,910,659
as compared
with 305,434,480 for the corresponding week in 1948, an
Increase of 3,476,179 or 1.14%.
CONSOLIDATED
Period End. April 30—
$
Gross revenue
———
Operating expenses
Prov.
for
2,246,859
Federal income
350,859
_)
—:
of
and
of
54,494,088
1,256,310
15,111,481
14,432,396
63,516
764,744
765,823
Cr538,996
disct.,
62,550
expense
Other deductions
Dividends
54,866,174
1,305,311
—
debt
premium
5,256,186
debt
subsidiaries
Amortiz.
Crll3,211
—
subsidiaries
inc.,
744,317
before
703,342
202,156
9,056,140
1,936,616
3,139,321
29,361,628
196,225
8,446,286
2,063,103
divs.
preferred stock
parent corp.—_
on
of
Crl08,460 Crl,364,436
pfd. stock
on
Minor, stockholders' int.
Net
26,587,292
5,470,493
long-term
on
of
4,518,309
20,140,441
4,268,309
4,270,811 ( 21,252,938
{ 25,968,711
4,392,859
taxes—j
Gross Income
Int.
373,909
,
'
29,325,474
NOTE—Dividend arrears at March 31, 1949, end of last quarterly
period, of $17.00 per share on the outstanding shares of the corpora¬
tion's preferred stock $6 series (not including fractional scrip) amount
to $24,497,170.—V. 169, p. 2527.
!
,
special meeting June
a
,
15, holders of the $3.75 cumulative pre¬
of debentures, notes or other indebted¬
holders
ahnual
the
at
within the
told stock¬
corresponding
been
company on
600,000 shares
Crosley Motors, Inc.—Airplane Brakes
Noting
the
Of
that
the
new
last
annual
management
a
that
year.
common
share,
this
168, p.
Since the war, about
improvements.
$13,000,000
disc-type hydraulic brake, originally developed to halt air¬
planes landing at speeds up to 200 miles an hour, has been adopted as
standard equipment on all Crosley cars, its first application in the
automobile field, Powel Crosley, Jr., President, announced on June 16.
A
dividend
rate
was
Increased
last
Steinetz said: "It is the belief
be reasonably
maintained
taxing conditions. Extra dividends
and corporate financial positions
Mr.
rate
can
1142.
Quarter*Ended March 31-
Described
—
for
Income taxes
6,088
Cr658
28,770
25,020
—
Federal
Hydradisc and differing radically irom the con¬
type, the new brake provides maximum safety, longer
the
as
drum
life
brake
and
adjustment by means of a simple, accessible set
according to the announcement.—V. 169, p. 2417.
screw,
transitory provision of the Constitution of
Cuba, and the procedure for deposit, payments Will be made on July
1, 1949, of interest of $5 per $1,000 bond on surrender of the July 1,
1949, coupon from the first mortgage 5%
50-year golu bonds, due
1952; and of $19.61 per deposit receipt, "part-redeemed," for $1,000
original principal amount of said bonds ($2.89 interest payment and
$16.72 principal payment) to holders of record at the close of busi¬
ness on June 20, 1949.
The New York Stock Exchange on June 10 directs that the bonds
be quoted ex-interest $5 per $1,000 bond on July 1, 1949; that the de¬
posit receipts be quoted ex $19.61 per $1,000 deposit receipt on July
1, 1949; that the bonds and deposit receipts shall continue to be dealt
in "Flat," and the bonds, to be a delivery in settlement of exchange
contracts made beginning July 1, 1949, must carry the Jan. 1, 1950,
In
accordance
with
Net incom^ before depletion
To
'
—
■r;
' ' '
«„■
.,
this figure may be enlarged or contracted
according to business conditions in greater Dallas. He added that no
more
financing
is
contemplated
until
about mid-1950.—V.
169;
pp. 2417, 1989.
said
MacGregor
crease
D.
statement Mr. Tripp said:
"Every effort had been made
management, with the loyal cooperation of employees, to in¬
efficiency and reduce costs so that underground operations
could be continued on at least a break-even basis.
However, the
spread between costs and the present market price of copper is now
so
great that it has been found necessary to abandon underground
mining."
Thef company's
current production rate on the open pit
work
averages around 500 tons of refined copper per month.—V. 168, p. 940.
The company
ing
offering
an
has filed a registration statement
of $10,000,000 of first mortgage
tive
The
company
on
June
15
of New York,
announced
that
Inc.—Output—
local
distribution
of
electricity for the week ended June 12, 1949, amounted to 193,100,000
kwh., compared with 196,100,000 kwh., for the corresponding week of
last year,
a
decrease of 1.6%.—V. 169,
p.
bidding.
the con¬
It is con¬
be
to
are
Diana Stores Corp.—May Sales—
1949—Month—1948
l949—10Mos—1948
$1,316,515
$1,410,766 $14,960,557 $13,009,397
>
Period End. May 31—
Sales
—V.
2527.
Co. — Secondary Offering—
Higginson Corp. and Estabrook & Co. made a public
offering June 16 of 17,284 shares of capital stock (no
par) at $53 per share. The offering does not represent
new financing.
One of the country's
and
169, p. 2102.
The
and in
largest Tenderers, the company operates In all
central Pennsylvania, a large part of New York
provinces of Canada.
Its products are used in manu¬
agriculture, the livestock, tanning, fur and .textile industries;
the hotel and restaurant
The
directors
of
Co.—Action
June
on
ordinarily payable
Distributions
on
10
or
took
3
The company's outstanding capitalization
capital stock (no par).
consists of 187,228 shares
I94£f, the
company
no
about June 15
each
cents
Dividend Deferred—
on
action
were
the
on
quarterly
the capital stock,
on
made
March
on
15,
dividend
par $20.
last,
and in
each quarter during 1948.
Fairchild
Engine
Airplane
&
Corp,
Ward
—
quishes Claim to $25,000 Pension—
Relin¬
'
The $25,000 a year retirement provisions in' the employment Agree¬
of J. Carlton Ward, Jr., Chairman and Chief Executive of this
corporation, have been eliminated at the insistence of Mr, Ward, stock¬
holders were advised In a letter on June 16 by L; B. Richardson, Presi¬
dent.
Mr. Ward has informed the board of directors that he will ac¬
cept no future amendments providing for retirement benefits without
prior stockholder approval.
The retirement provisions have been criticized by Sherman M. Fairchild, who now. heads an opposition group seeking control.
Earlier last
week the group sent a formal proxy to the company's stockholders ask¬
ing them to vote for the committee's slate of directors and to express
ment
their
views
Ward's employment contract.
:
of the retirement provisions of Mr. Ward's Con¬
Mr.
on
With the elimination
tract, Mr. Richardson maintained that there
was
only one issue to be
decided by stockholders
at the adjourned annual meeting on July 6."This issue," he said, "is whether the present successful
management
will continue in office or whether the
corporation is to be controlled
p.
2528.
Federated Department
Stores, Inc.—Increase in Capi¬
talization Postponed—New Director Elected-—
At
the
annual
meeting held
submitted
of shares
of
to
on
June
7, action was postponed on a
Increase the authorized number
stockholders to
stock as part of a program to corporate simpli¬
fication which the directors have had under consideration. It had been
planned
common
to
Increase the authorized ccmomn stock from 4,000,000 to
shares, par $5,
P. Herzfeld, President of the Milwaukee Boston Store has
elected a director. Federated
acquired the Boston Store las!
.7,000,000
Richard
been
November.
reported
Fred Lazarus, Jr., President, on Jung 2 announced prepayment by
the company of a $4,000,000 term loan approximately 21 months prior
to the date of maturity.
The loan was obtained on Deo. 31, 1947, from the Bankers Trust
which
to
New
York,
mature
—V.
became
Stanko
Dr.
Period End.
.
the
company.—V. 169, p. 1560.
March 31,
1949.—V. 169, p. 2527.
Dredging Realization Corp.—Payment to
The
this
notes
are
payment,
submitted
," ;
.
.
not
but
.
$12.20.—V".
167, p.
of record June
T
being called in for stamping thereon of
stamping will be' made whenever any note
or split up or for consolidation with other
notes. Meanwhile the above-mentioned
tive nevertheless to reduce each $15 of
to
face amount of
now
such
for transfer
1807.
1949,
26,
Colonial Trust Co., Now York, N.
New York,
resigned.—V.
partial payment will be effec¬
original face amount of notes
Y., was
leasehold
&
Trust
146, p. 751.
Flour Mills of America, Inc.—To Pay Dividend in New
A
special
stockholders'
authorization
at
to
of
new
a
common
meeting will be held June 23 to consider
preferred stock issue which would be dis¬
as
a
dividend. The company has out¬
holders
the
rate
of
share
one
for
each
held.
10
tax free, according to the company.
It is proposed to authorize 50,000
shares
the common holders
dividend
The
of
5%
would
convertible
be
pre¬
ferred stock, par $20,
Directors
preferred
would
transfer
dividend,
$921,716,
amount
the
from earned surplus
company has issued subscription warrants to holders
stock of record June 7 entitling them to subscribe
additional
of
one
at
3
on
for
of com¬
to 7,798"
shares
common
share
p.m.
offerings.
for the
2256.
p.
Rights—
The
mon
required
to capital.—V. 167,
Foote Mineral Co.—Stockholders'
Noteholders
agreement, dated Sept. 1, 1937, under
which the 20-year liquidating non-interest bearing notes were issued,
the directors recently voted that a pro-rata payment on account of
1949.
May
Preferred Stock—
the terms of the
principal at the rate of 60c on each $15 of original
the notes shall be made on June 15, 1949 to holders
$2,847,996
"
(
standing 460,858 common shares.
It is proposed to issue the preferred stock to
Co.—Registers With SEC—
a
Pursuant to
13,
of
Co.
tributed
registration statement was filed with the SEC covering
75,000 shares of common stock (par $15). Underwriter, Smith, Barney
& Co.
Companp will receive no par of the proceeds as these shares
represent a portion of the holdings of the estate of the late Willard 8.
Dow and the late Martha L. Dow who were killed in an airplane acci¬
on
$3,106,457
successor trustee for the issue of first mortgage
dated June 1, 1929, to succeed The Continental Bank
bonds
production and sales of Air Oxidized Asphalt,
On June 15
1949—5 Mos.—1948
$724,443
appointed
future, is devoted
Road Emulsions,
Specialized Industrial Asphalt Emulsions, Asphaltic Cut-backs and
Compound Asphalt products.
Plans call for the Immediate installation
of a control and computing laboratory at the Douglas Clearwater Pl»nt.
Facilities will be installed for testing and evaluating all types of asphalt
including the roofing asphalt which is currently being produced by the
to
Effective
Flintkote Co.
-'
•
$784,673
—
169, p. 1990.
500 Fifth Avenue, Inc., N. Y. City—New Trustee—
President, announced.
which will be expanded in the near
This division,
1949—Month—1943
May 31—
—
—V.
Processing Asphalt
formerly the Director of Research of
was
York City..
in New
Expand Division—
been, appointed Manager of the
Division, W. G. Krleger,
and -was
premium.
(M. H.) Fishman Co., Inc.—May Sales—
at market for a
Douglas Oil Co. of California—To
John J. Stanko has
and the First National Bank of Chicago,
15, 1951. Prepayment was made without
Feb.
169, p. 2313.
Sales
is
trade.
During the fiscal year ended June 26,
-
the
informed
7481),
(No.
Francisco—Stock Sale—
SEC that under Its registration
effective May 17, 1943, 4,172
total of 96,790 and 15,823
from registration May 8, last.—V. 169, p. 1450.
has
company
shares were removed
eastern
facturing.
2683.
p.
Ewa Plantation
Co.,
Consolidated Rendering
England,
*
i
company will use the proceeds to retire an existing subordinate
held by Mutual Life and the remainder. for working capital.—
168,
proposal
securities
struction program of the company and its two subsidiaries.
templated that the construction program will require total expendi¬
approximately $53,000,000 during the years 1949 through 1951.
Hearing on the financing proposals will be held June 24.—V. 169,
p. 2312.
Lee
cf
with the SEC cover¬
and collateral trust
offered for sale at competitive
Proceeds of the financing will be used to finance a portion of
dent
New
p., 2102.
The
shares of preferred stocks, cumula¬
($100 par).
The
Dow Chemical
Consolidated Edison Co.
Sales—
1949—Month—1948
1949—5 Mos.—1948
$6,821,275
$7,146,583 $31,543,139 $30,300,713
Light Co.—Registers With SEC—
Delaware Power &
statement
his
In
of
,
Expenditures
The company plans to spend about $32,000,000 on expansion and
Improvements in the next three years, George L. MacGregor, President,
stockholders at the annual meeting.
Beneficial shares were sold
Cessation of the underground work will reduce the company's out¬
put approximately 50% or 500 to 600 tons of refined copper monthly,
according to Mr. Tripp. It will affect more than 400 workers,
%
*
'
,
Dallas Power & Light Co.—Plans. Large
$4,934 ^Dr$ 13,033
Tripp, President, stated on June 10, that on June 30
will suspend all underground operations at Its proper¬
ties at Kimberly, Nev., because of the recent decline in the price of
copper.
Open
pit
operations
at
the
company's
properties
near
Kimberly are continuing on a five day schedule instead of the former
fix-day weekly basis.
'
Bank of Canada, New
: '■ ♦,
'
^
company
by the
and
,
The Royal
at
York; N. Y.—V. 169, p. 2207.
25,801
Suspend Underground Mining-
Chester
the
169,
note
a
Dodge & Cox Fund, San
„
—„
plant
West Life.
easy
2,000
.
day oxygen
169, pi, 601.
per
Employees Credit Corp.—Borrows $2,350,000 Privately
it was announced June 16 has borrowed
$2,350,000 from the Mutual Life Insurance Co. of New
York and the Great-West Life Assurance Co., Winnipeg,
Canada. The loan is in the form of $1,250,000 in eightyear 3y*% notes, due 1957, and $1,100,000 in 10-year
4y2% subordinate notes, due 1959. Mutual Life Insur¬
ance Co. purchased all the notes except $500,000 of the
4 y2%
subordinates, which were taken by the Great-
V.
$47,626
34,606
Amortization of mine development net of current
period's expenditures shown above
Depreciation
ton
Prepays Loan—
$65,901
before charges—
development and exploration expenses-
2,200
a
—The company,
1948
1949
Net income
Provision
—V.
tures of
Consolidated Coppermines Corp.—Earnings—
Actual
new
bonds, due July 1, 1979, and 50,000
and
except under difficult economic or
will
be paid
when the earnings
warrant."—V.
of
by Mr. Fairchild."—V. 169,
facilities
from $1.00 to $1.50
year
Introduced
are
Croslev Cars—
on
meeting.
figure
for
spent
construccion
Edison Bros. Stores, Inc.—May
June 7 filed a letter of notification with the SEC
(lc. psir) common to be offered at 50 cents per
Underwriter, N. R. Real & Co., New York. Proceeds will be
used for drilling
and equipping six wells for working capital and
organizational expense.
months ended June 30, 1948, the company reported net
of $3,250,577, equal to $2.61 per common share.
Sales for
the first-quarter of
1949 were $11,866,000—16%
below
the
and
purchasing of equipment and material.—V,
share.
income
has
Services, Inc.—Consulting Electrical Engineer
corporation announces the addition to its staff of Rolla E.
Consulting Electrical Engineer.
He
Was
formerly Project
Engineer for the Stanolind Oil & Gas Co. with supervision of the
Sales
The
for
the six
For
2312.
Period End. May 31—
Cornell Oil & Gas Corp., Houston, Texas—Filing—
Mr.
Earnings are running below last year's level, but the regular annual
dividend of $1:50 per common share will be "amply covered"
first six months of operations, B. O. Steinetz, President,
1881.
p.
The
told
Congoleum-Nalrn, Inc.—Earnings Running Lower—
169, p.
Ebasco
design
At
and subsequent coupons.
interest on bonds* is payable
■,
3,275,299
York.—V. 169,
ways; not only are prices on Tenox antioxidants, reduced,1 but
also the new prices are to be on a delivered rather than f.o.b factory
Cuba RR.—Interest Payments—
plant
adjusts
taxes
be
two
basis.—V.
ferred stock approved the issue
ness not exceeding $25,009,000.
of
acquisition
General
11,025,782
____
should
Tennessee Eastman Corp., a subsidiary, has announced price reduc¬
tions, effective June 10, on its Tenox antioxidants to combat rancidity
lard and baked goods. Amounting to a total reduction of approxi¬
mately 10% of the previous scale, the cuts will benefit customers in
duce short-term indebtedness.
ventional
$
$
for
Powers,
1949—12 Mos.—1948
$
23,371,524 278,695,357 270,269,983
11,341,669 146,850,883 140,143,571
2,128,948
25,488,341
24,386,280
23,486,853
depreciation
Amortization
ACCOUNT
INCOME
1949—Month—1948
envelopes for stock to be presented to
exchange. All exchanges involving the issue of
than the exact name appearing on the old
presented to the transfer office of the com¬
separate
other
in
1775 Broadway, New
proceeds are to be used in connection with the completion of the
plant expansion and modernization program started in 1945 and to re¬
Weekly Output Increased 1.14%—
this corporation adjusted
certificates
Eastman Kodak Co.—Reduces Prices-
D.
bank
Exchange has been advised that effective June
1949 and until further notice certificates
in
Continental Can Co., Inc.—Debentures Placed Private¬
ly—The company announced June 17 that it has sold,
privately to institutional investors $20,000,000 of new 3%
sinking fund debentures due Dec. 1, 1965. Sale of the
debentures was arranged by Goldman, Sachs & Co.
annual
Whiting
stock.
The New York Stock
13,
This corporation has announced that its wholly-owned subsidiary,
California Container Corp., has leased the plant and equipment of the
Columbia
stock of $20 par value was split into four shares of $5
common
par value common
pany,
The
Commonwealth & Southern Corp.—Changes Madei in
Personnel-rBank Loan Expected to Be Paid in October—
share of
certificates
—V.
filed with the Secretary of. State of Dela¬
certificate of incorporation whereby each
ware
new
Container Corp. of America—Unit Leases Plant—
Electricity output of the Commonwealth Edison Company and asso¬
ciated companies, excluding sales to other electric utilities for the week
ended
June
11, showed a 0.3%
decrease from the corresponding
week a year ago.
Following are the kilowatt-hour output totals of the
past four weeks and percentage comparisons with 1948:
(E. I.) du Pont de Nemours & Co.—Split Effective—
The company on June 15
an
amendment of its
made during
were
an
Commonwealth Edison Co.—Weekly Output—
(2641) ;, 9
equal to $9.07 per share.
.
will then have outstanding
the company
amount,
$50,000,000
came
CHRONICLE
each
June
20,
(par $2.50)* at $25 per share bn the basis
six
shares held.
The warrants will expire,
Estabrook
1949.
&
Co.
will underwrite, thq*
,
PURPOSE—Company Is now doing a larger volume of business
than at any time in its history, and it is the present intention of
the company
to use a majority of the estimated net proceeds of
$187,152 for additional working capital.
The balance may be: ex¬
pended for the following plant improvements and eonsi^q$ien.»:fti'
Exton, Pa.: Installation of a new boiler, $35,000; constructiohofa pih>t
plant
test
to
a
new
construction of
$65,000;
process,
GIVING
EFFECT
to
note, due semi-annually
Dec.
Outstanding
1, 1957
cumul. preferred stock
5%
Common stock
<$2.50
_
„
SUMMARY
First
2,000shs,
100,000 shs,
($100 par)__
par)
SALES
OF
Net Sales
$1,217,011
1949
1948——L
914,831
mill
it;
settled
net
sales
June
on
for
April
be
used
further
to
Net,
Income
$95,572
163,
to
2430.,
p,
with
Mines warrant
advances, or to working
15,
•
21,702
;
were
..
holders
The
.
of
the existing
changed 2,632 shares for
the
shares
2,318
7%
shares
As
an
sold
shares
3,500
the
preferred stock outstanding.
directors
per
its
the
company
in
occur
metals
metallurgical
45 years of
mineral,
a
the
last
lead
lesser-known
zirconium,
V 169. p.
also
1990.
the
in
and
earth's
surface,
such
than
operations
same
the
ore I,
company's
Sell
Of
list
of
industries
the
»
reducing
applying
for
over
search
after
in
On
used
was
the
future.
times
ten
basis,
tonnage
a
In
almost
in
ton
per
the
1933
approximately 5.5 pounds
is a major supplier to
were
constituents
three.—V.
but
used
169,
in
ton
per
Foote
ferent
of
the
rod
its
of
since
The
of
Foote
is
electric
The
Appointments—
V.
of
Bureau
169, P. 2528.
the
Finance,
join
to
he
by
cash
16'J.
outlook
the
lor
balance
the
of
the
is
year
This
accept
after
administration
Ltd.,
British
under
affiliate
a
laboratory buildings, will
complete, steam plant,
the
of
project
new
Standard
Oil
erect
all
also
Oil
(New
Co,
tion
already
is
registration
became
statement
effective
450,000
be
(10c.
par).—V.
164,
p.
1949—9 Mos.—1948
of
of
of
com.
Declares 10%
directors
July
June
and
the
on
Stock Dividend
on
stock
common
record
will
deliver
be
15,
as
declared
1
the
usual
common
1949.
special dividend of
a
quarterly
stock,
Three
effective.
how
dividend
does
dividend
both
months
cash
payable
the
ago,
10%
dividend
July
29
20
attached,
coupons
to
The
the
a.
We
Mutual
receipt
the
by
a
reduce
by
his
interest
stockholder
a
percentage
of
stockholder
his
of
in
all
have
Life
that
manner
reduced
from
contingent
annually.
the
storage warehouse
Co.
of
the
New
company's
York
on
and
the
include
168, p.
bonds
for
elevator
at
13
greatly
the
fixed
$180,000
this
enhances
the
sinking
to
company's
fund
$125,000,
action
requirements
Froedtert is in
I
$223,449
.'•••*'
erection
was
the
of
a
new
"
,
!H ■)
elevator
new
3,602
$84,763
8,551
$76,217-
$158:912./
$41,840
income
242
240
925
883
to int.
$25,383
$42,080
$159,837
$77,106
The
on
directors
of
the
will
w
I
1949
on
June
15
1943
-
lumber
an
elevator
will
above
action
taken
was
prices; this year and
Olympia, Wash.
These
about
break
even
because
1948
$1,178,542
$1,113,255
the
would
because
two
of
declaration
have
at
this
become
payable
Regular quarterly
of
decline
a
indicate
indebtedness
-that
to
the
originally
with
net
working
$3,000,000
York
it
position;
loan
and
advisable
of
the
to
capital
follow
of
this
- -
to
about
ratio
business
---
"
continues
current
a
general
2209.
p.
and
plants
company
Jor the_second quarter, said Owen R. Cheatham,
the. company
of
outlook,"
cash
3-to-l,
view
financial
good
$7,000,000,
about
in
course
in
be
directors
-
.
deemed
current
uncertainty
added.—V.
169,
Cheatham
Mr.
condition
approximately
of
the
the
of
_
start
•
grain
storage
announced
Plant
a
is
Chairman
of
at
t
in
3
to
move
Detroit,
increase
Mich.,
total
has
annual
been
on
At
sales
any
fr-.ed
the
the
and
/
The
to
of
meeting
'
2418.
p.
Oil
Corp.
Gulf
and
fermenting cellars
approved
capacity
of
by
the
directors
to
1,500,000
Goebel
time, Edwin J. Anderson, President, disclosed that
May—111,437 barrels—represented an all-time high for
barley storage capacity
another
■
"
move in the
• • ••»•••'
immedidte'y
is
and
com¬
;
•••
exneCted
Sales
he
of
for
v
•
■;-»(:
jr
•,
u ii.«
■;
I'
iif
Goebel
the
first
history,
four
3.7.4%
above sales for May of 1948.
of,the year totaled "441,655 barrels,
months
said, representing an1 ihctease of 23.7%'
1948.
The
.
,
new
demand"
v
in
|
'
.
construction work
for
Goebel
Beer,
was
•
'
the firfct four months
over
i
ft
1
■
authorized to meet
Mr.. Anderson
*
.
" 1949—5 Mos.—1943
•
('
h
•,
k
.
business
of
v
-
"
^
•
'
June
on
stockholders
/.y.
;
;
18,
on
April
He
}
*
the
and
Pa.,
director
a
from
169,
June,
..
Board
Board
retired
notice
to
held
..
Pittsburgh,
and
had
•
1949;
.
of
the
of
1946 —V.
30,
be
...
Vice-Chairman
in
to
7"
•
Chairman
companies.
Gulf
States
Utilities
stockholders
eliminate
for
which
the
the
s-
the
Co.—Votes
June
on
sale
and
company
Nelson,
of
all
and
a
director
a
Juiie
on
2.
number
a
official
his
2314.
p.
Stay
to
of
stated.
the
it
voted
said
has
the
amend
of
ice
as
the
customers,
169, p. 2418.
hfe
'
change
of
Icei
of
the
charter
purposes
1
*
would
have
effect
no
business.
far
so
Out
company's
one
.
Ice
no
company
New
rate.—V.
to
formed.
President,
since
company
13
manufacture
was
this
year
added,
Harbison Walker Refractories
"very
are
still
being
are
well,"
added
Mr*
a."
at
Co.—Secondary Offering
—A
secondary distribution of 20,000 shares of common
stock (nc par) was made June 15
by Cohu & Co. at $197/*
per share. Dealers discount 70c.—V.
169,
At
Clay Hotel
the
'
annual
L
Levy,
C.
directors
:.
*
,
stated,
f•
■
an
and
■
11
'1
"unprecedented
to
maintain
Directorate
—
"
'
-
>
»
5,
the* following,
elected for -the next year: Fred
Levy, Frederick*
Arnold Levy, Percy Ccwan, Walter F. Jacobs ancf
James Levy,
W.
L
.
2418.
p.
Co., Louisville, Ky.
stockholders'
of
meeting
held
May
-was
Fischer.
Wood
board
-
Hannah,
of
the
former
a
directors
of
owners
member
in
represent
the
of
the
board
main—if
said:
not
"The
present
entirely—the
equity-
Hotel
company at the time of the reorganization
iiv
for
not
having reelected the writer to
the
have been that since the bonds have been retired he had
1935,
and. the
board
may
"The
1935,
reason
reorganization
in
was.
Executive
object
the
the
has
the
bondholders
resulted
the
as
of
*
In
the
were
by Stockholders in -1934, or.
Bond Co., of which I am"
equitable and fair reorganization
Bankers
an
were
concerned.
in
a
We
Federal'Court,
which
employed
and
approved
was
by
counsel
in
proposed
the
Federal
to.
lieu:
Court.1
bondholders
being paid the principal amount
interest from the date of reorganizationand further resulted in the bond-J
full, plus 6%
bonds
proposed
The
not
reorganization
reorganization
their bonds in
until
plan
opinion
Vice-President,
the
as
to
thereof
paid
off,
holders receiving one-third of the common stock of the
company in.
the reorganization,
in consideration of their not foreclosing on the
property, extending the time of payment of their bonds, and
reducing
interest
rate
from
which
6,/a%
bonds
(which
from
paid
the
date
original
of
bonds
bore)
reorganization
to
to
6%
date
of
in¬
re-;
tirement.
Thus, it will be clear to the bondholders, who acquired their
stock as a
result of having owned bonds, that the
undersigned hasft
been during
the past 14 years thefr representative on the board of
directors
this
the
until
class
of
the
meeting
I
will
proxies to elect myself
167,
p.
5,
May
stockholders
board,, this, letter
annual
—V.
A
-
same
during
Advertising
determining,the stockholders entitled
special
a
close
Leovy,- formerly
Gulf
with
Gulf
is
1949
may
written
meeting.
want
to
solicit: your
a
proxy, and if
member of the board that
certain
of*
representation
that
on
prior to the next
I receive sufficient
this
will
be
done."
'
*.
Duty Electric Co., Milwaukee—Stock Reclassifi¬
stock
'
reclassification
company, subsidiary of
Under
the
proposal,. the
preferred
Believing
continued
my
adyise .you'that
2133.
proposed
this
the
has
North
company's
been
*
2,500
v
filed
American
with
the
SEC
by'
shares
ot
Co.
outstanding
*
stock, 6% non-cumulative. ($100 par) would be reclassified
2,500 "shares of 6%" cumulative preferred stock
($100 pari.
In"
addition, there would be eliminated.from the charter certain provisions
which now prohibit the payment of dividends on the
preferred urttil,
provision has been made for the payment of indebtedness and
prohibit,
common
stock
dividends, until the preferred stock has been redeemed.
Certain
protective provisions would be added to the preferred stock
terms, including voting rights in respect of certain
corporate actions.
*
A^ordinfl! to tbe onnlicKtion. the company's
present preferred stock
(2,500 shares) is held by three public stockholders; and North Ameriinto
month
•;
•
;
_
Capacity—
stock
barrels.
the
109, p. 2313,
»
No.
two additional floors of
Piggott,
$6,483,218 $31,375,582 $26,976,367'
cation—
$30,000
of
r
Manager. See V. 169p
Business—
Hevi
..
.
eliminated
Goebel Brewing Co.—To Increase
J.
1949—Month—1948
Corp.—Obituary—
subsidiary
terest,
plywood
^
;. "While
$1,000,000
issue
this
on
in
earthquake damage
factors
.t
1949—Month—1945
1949—4 Mos.—1948 »
$7,530,206
$7,688,858 $28,832,028 $28,387,823
for
169,
Adair
of
positions
insofar
1949
omit
to
ordinarily
Robert
Refining Co., died at his home
Leovy had also been President
Mr,
of
;
$1,063,680
Jan. 1 to June 7*
1948
$54,575
voted
which
Manager;
Gulf
the
"
July 15 on the common stock, par $1.
distributions of 25 cents per share were made
1, 1948, to and including April 15, 1949.
The
'
—
have
vote
Oil
Frank
-
of
This
dividend
to
director
'
$1,127,791
about
or
Toronto,
%
.
of
Des
at
largely discharged his obligation, since he was originally placed on the
in the reorganization
proceedings to represent the bondholders*
.
and
xtntf
!.
'
1948.
1949
-
and
board
Jan. 1 to May 31
$62,000
$50,751
Shipments
plants
Transportation Co.—Special Meeting—
date
1949.—V.
Gulf
of
•
(<>
1
SO,
record
Elected—
Georgia-Pacific Plywood & Lumber Co.—Omits Div.—
time
Sales
Inc.
Fitch
Angeles,
Inc., are; James H. Grove, President;
Comptroller; Frank F. Bell, Director of
and
%
Henry
2418.
p.
Jr.,
Atlantic
directors
14,373
8,449
1949
former
.4
Gulf
The
»
27,547
$167,361
$60,760
the
2103.
p.
2,885
;
2,371
revenues
169,
169,
25,883
$44,211
Period—
—V.
stronger financial
1.500,000-bushel
Wis., plant were
'
four months.—V.
*<<!'
—V.
34,807
6,903
$25,141
Laboratories,
from
Green Co., Inc.—May Sales-
26,552
2,024
...
Grove
'
board
::...'
Operating
-
much
a
company's Milwaukee,
Kurtis H. Froedtert, President
to.be completed in
t.
>
?
6,472
684
*
Week Ended June 7
to
approximately 11,000,000 bushels and
pany's expansion program. '
•
•
t,.:
972,129
•"
6,633
$839,125
802,272
$932,766
195,385
'
r
'
the
made
2103.
p.
(II. L.)
"rapid"
from July
the
-.
„
1949—4 Mos.—1943 '
$181,012
-
222,006
1
^
-
revenues
cash
to
,
Jackson, Miss., Los
already, taken over.
Period End. May 31—
Nelson
$27,165
Construction
be
.'("Jjft'f
\
income.
from
Operating
of
J.,
"
the
by
on
r
1949—Month—1948
of
com¬
under
;Nil
.
ownership of the business of the 50-year:
Mcines, la., passed into the hands of the
the Fitch business will be known as the;
be
N.
Bland,
Operations
income-
Period—
cents
S.
169,
R°y
"Deficit.
approx¬
have entirely
amounting up
"$128,181
16,
Sales
'
.
8,208
Surplus applic.
in
the
'
Work
and/or redemp¬
partial payments
1902.
misc.
income
stock
financial
Obligations
and
fund
The elevator will increase the
company's total
v
which
on
10 Days End. May 31
New Elevator—
June
purchase
toward
trustee
may,
Taxing
oper.
Deductions
,r
New
-
56,387,329
—V.
-
by
note
a
1948
-
interest (and redemp¬
principal amount
President.
reduced
in-t.
an
Grayson-Robinson Stores, Inc.—May Sales—
8,285
received
and
and
Des
will still
Period End. May 31
"
payments are made will
or
the benefits of the indenture, as supplemented
45,528,
at
a
recently
Insurance
sinking
With
Board.
over¬
or
7,958
he
company
position to face the future."
Plans
their
55,797
a
in
stock
of
$3,500,000
by $1,000,000.
With 'this
have modified the agreement with Mutual of
we
have
stamping
for
trustee,
and
2,025
the
of
interest
the
amount
agreement
the
sale
will
directors
reduction,
Co.,
letter,
10,835
„
"The
in
The
change
a
company is constructing
Milwaukee, Wis., site.
its
Manhattan
acceptance
1,978
Gross
A.
and
11,101
holders
2314.
Manager; and Gene K. Foss is Merchandising
of
1593.
dividend
quarterly
Sales;
limited
a
bonds, at the rate of
both deposits are made
the
1937
ry.
of
Division"
Bayonne,
the
Equipment rents (net Br)
payable
of
to
off
$84,465
p.
Smith, Vice-President
as
Joint facil. rents (net Dr)
9.09%.
"The
in
not
However,
imately
on
if
of
revennue-
Railroad
Act,
Kurtis R. Froedtert,
President, and Chairman of the Board
said;
"We
have been
advised
by counsel that the receipt of this stock
dividend, will not constitute taxable income under the Internal Revenue
a
their
of
expenses.
Non-operating
.
as
for.
bondholders
to
of
85%
(or
form
by
which
oper,
1949—12 Mos.—1948
increased
pany.
principal
original
Bank
their reduced
made.—V.
valorem
Fitch
bonds
the
subsidiary;
to
unmatured
applied
oper.
Co.
Henceforth,
products
A.
of the aggregate principal
aggregate
offered
principal
may
Common Stock—*
on
issue
1949
.
which Grove has
..Officers of Grove Laboratories,
and the Pavilion common stock
the
of
be
of
Fed. RR. Unemploym't
Insur. Act of -1938.-
from 17J/2 cents to 20 cents per
share.
In lieu of issuing certificates for fractional
shares, if any, the cash
equivalent of any such fractional share will be paid based on
$16 per
share, the approximate closing price on the New York Stock
Exchange
on
May 31, 1949, the date preceding the declaration of the dividend.
Code
as
_„
common
per
share
1926,
1,
prescribed
a
Railway tax accruals:
$25,230,279 $31,246,163 $36,994,604 $40,066,661
2,208,360
1,073,373
2,688,754
1,403,471
shares.
853,574
853,574
853,574
853,574
share__
$2.52
$1.18
$3.06
$1.55
earnings
No.
The
indenture
amended;
supplemental
a
Sept.
wholly-owned
a
—
Net
W.
:
case
to
Y.,
bonds,
Railway
Net
per
^
$480,000
15%
to
be entitled to
Railway
Froedtert Grain & Malting Co.,
Inc.—Earnings—
in
j
and.,
Aug.
30,
1946,
withdrawn June 3.
was
shares
common
Period End. April 30—
Net sales
Earns,
j
L.
The
filed
6715)
1946,
18,
%F.
of the original principal amount of their bonds.
offer, bondholders will be required within a specified
all
to
of
Ad
(No.
Sept.
Selt
$0.38
June
on
Fitch
firm.
Moines,
,
first mortgage 6%
bonds
the common stock (25,000 shares) of
of
Co.,
Period End. April 30—
a
Foods, Inc.—Registration Statement With¬
statement covered
-
taxes
Canada,
"4
' '
issue.
the
extent of
Fed.
Dry
has applied to the SEC -for authorization to
a.m.
VV.
Fitch
on
drawn—
The
into
enter
Georgia & Florida RR.—Earnings—
•
special products.—V, 169, p. 1451.
Fresh
2418.
H.—To
Laboratories, Inc.—Further Expansion—
12:01
F.
Grove
Inc.—Proposed Supplemental
outstanding,
payment
N.
with
have been
capacity of 110,000 barrels per day,
is
scheduled
for
completion
in
about - three
years,
and
has been
estimated to cost $150,000,000. It will manufacture
gasoline, kerosene,
gas
and diesel
oils, heavy residual fuel oils, asphalts, and certain
which
" '
f
.<
Jersey),
'•At
old
by Mr..
(Including Statesboro Northern Railway)
refinery, which will have
Grove
time),
way.
The
equal
notice,
thereafter
Co.,
-
held
tion premium, if any) will thereafter be payable only-on the unpaid
principal amount of such bonds.
Such bonds will not thereafter be
exchangeable for other denominations.- :
'■
'
.(
Cash deposited and not used to make such partial payments will
off-
Anglo-American
for
N.
on
the heels of its purchase ol the F. W. Fitch
business, this
corporation announces that it has acquired from the estate of F.
H.Pfunder of Minneapolis the rights to manufacture and
sell Pfunder's
Antacid Tablets.
depart¬
.
Corp.—Large European Contract—
and
.
printing to reflect the partial payment.
*
Bonds upon which such partial payment
ex¬
of
facilities, including
Preliminary work on
Gas
deposited
such
York,
bonds
corporation
site
'
indenture
all
and
bond
as
same
Nev;
has
been
awarded
a
contract
calling
for
the
Europe's largest oil refinery at Fawley, England, Harry
S. Brown, Chairman of the board, revealed on June 15. Foster Wheeler
will provide mechanical design,
engineering, and will construct nine
processing units, and, with the exception of tankage, marine facilities,
and
Lebanon,
p.
an
/."Operating loss.—V. 169,
Association,
Bar
formerly
post
a
cash at least equal to 70%
partial
15%,
the
to the
construction
the
consisting
least
be
in
of
continue
Foster Wheeler
law
company's
American
the
Corp.—Weekly Output—
to
proposes
bonds then
the
time
2418.
p.
'
under
Natural
to
time
70%
President,
states
that the betterment in the
trend indicated In the first quarter of the year is
cellent.—V
Co.,
$0.08
169,
Parent—
to
Bales
the
at
CaSh
was
Reinhold,
earnings
continuing and that
the
of
of
Secretary,
*
bonds)
of
amount
"
and
member
a
member
a
this corporation for the week ended June 10,
to 111,341,793 kwh., a decrease of 1,813,648 kwh., or.
corresponding week of last year.—V. 169, p. 2528.
;
to be replaced by
amount of
Foremost Dairies, Inc.—Improvement Continues—
sales
Nil
Hard
output of
Pavilion
The
International.—
Ford
22. Pay¬
record June
of
Bar
,
securities
at
E.
.
trustee
To
Paul
,
the
(the Pavilion
&
director,
Electric
Operating profit, afcer
Earnings per share
on"
securing the outstanding $694,00c first lien .(gold) bonds due Sept, 1,
1956, provided the consent* of holders of 85%
of the bonds is -ob¬
tained.
This' supplemental
.indenture
provides
for «the
release of
The appointments of Robert M. Campbell as Associate Counsel and
Secretary, and of W. Spencer Thompson as Planning and Coordination
Manager were announced on June 14 by Graeme K. Howard, President;
Mr. Campbell was previously associated with the law firm of Hughes,
Mr.
is
Assistant
corporation
with
Ewing, New York, which he'joined in 1941.
Thompson resigned from the United Nations, where
to holders
share
per
*
and of 50 dif¬
supplier of all
a
Dividend—
"dividend -of $1
a
Indenture—
ingot.
industry,
State
"6,236
May
Genesee Valley Gas Co.,
.
steel
coatings,
Ford International, Inc.—New
deputy
^
welding
in
$1,397,294-
Gray Manufacturing Co., Hartford,
Conn.—Earnings—►
Prescott.
s.
been
He
appointed
from
pledged
Hubbard
has
State
amounted
1.6%
2418.
p.
John
late
1927.
York
been
1949
re¬
1933.
welding
Lj.__.___
share.—
I
1943
$282,640
pay
Waterbury has been elected General Counsel and Secretary,
the
General Public Utilities
approximately 1.7 pounds of welding
ingot produced; in 1948 requirements
steel
of
size
1949
-
debtedness to the parent of that amount and
$342,000 would be applied
in reduction of a
$400,000 bank loan.
The SEC has given interested
until June 27 to request a hearing.
~
Waterbury in addition to being General Attorney.—V. 169, p. 377.
the level rematned many times higher than prewar, and
war,
was
broadening the scope
Despite the contraction
follows;
as
served
anticipates
and
years,
this field
in
the
1948
rod
15
E.
New
has
is
the
represent
•
persons
Association, the Association of the Bar, City
Of New York, and the Institute of Trade ahd Commerce Professions.
;
Arno M.
Wiese, head of the patent staff in the law department;
by the company, welding
largest portion of the business
done
in
the Mineral
Division.
Company has grown up with the
welding rod producers, has catered to
their exacting specifications
Ingredients
declared
15
payable June 29
were
Waterbury
T
broad
the
coating
year
succeed
ment
widely diversified.
rod
'
*'•
-
additional 5,000 shares of its capital stock <$100
pari
to its
New England Electric System (Boston* for a cash
consideration*
of $500,000,
Of the proceeds, $158,000 would be used to
25, 100%
in stock; Aug. 2, #2
share in cash; and Dec, 8, $3 per share in cash.—V. 169, p. 2103. ,
Mr,
more
business
June
on
stock,
last
Lester
to
tin.
the
to
mid-July
parent,
General Foods Corp.—Official Promoted—
very
and
strontium
in
•
!.
abundant
titanium, which
but
extracting compounds from
them,
and
compounds to metals (in many instances
these
of
three
is
devoted
ore£,
Processing
all
lithium,
as
has
the
of
many
quantities
greater
familiar
certain
are
Including
elements,
which
2103.
p.
capital
ments
procurement and the inorganic chemistry of ores
derived therefrom.
Important in the operations
chemicals
the
and
the
to
existence
of
BUSINESS—Company
109,
The -directors
dividend.
organization,
1902.
p.
plant,
1947.
profit after charges and Federal income taxes.—V.
The company
preferred stock ex¬
5%
of
See
Gauley Mountain Coal Co.—$1
-
the
of
underway
$11,087,914 $13,034,800 $48,892,580
—V.
stock
AND
168,
Koppitz-Melchers
get
163,574
Stock
,
1949—Month—1948 7: 1949—5 Mos.—1948
$57,535,250
;
Sales
the
chemical
the "fall.—V.
to
_
Granite
7% preferred stock, which together with
underwriters1 makes the total of 3,500
new
by
Period End. May 31.—
♦
April 21, 1949, declared a dividend of 2o cents per share payable
May 31
1949, to stock of record May 20.
This is equivalent to 40
cents per share on the shares outstanding before the payment of the
HISTORY
former
summer
loss
"Net
Gamblc-Skogmo, Inc.—May Sales—
on
and
the
Quarters Ended March 31—
to stockholders of record April 1, 1949.
Initial payment after the 100%-stock dividend,
1949,
is
3
Earnings per preferred
Christensen, Inc. and Sidlo, Simonds, Roberts
& Co., Denver, have sold at $102 per share 2,318 shares
of 7% cumulative preferred stock (par $100)..
*
• >
stock
common
3,
in the
scheduled
Writer &
has paid cash dividends' in varying amounts
in every year since 1939, with the exception
of 1946.
During 1948, dividends were declared and Paid at the rate
of 25
cents per
share quarterly, and on Feb. 17, 1949, Directors
declared
a
dividend of 30 cents per share payable March 5,
1949,
to stock
of record Feb.
23.
A 100%
stock dividend was paid April
its
No.
in
bottling and pasteurizing facilities
new
No.
Goebel
rales
Stock Sold—Peters,
Co.—Preferred
by
Three Months Ended March 31—
)
(
Plant
completion
Net
DIVIDENDS—Company
upon
at
Net
^
Plant
In
acquired
194ft
Graham-Paige Motors Corp. (& Subs.)—Earnings—
.
new
a
installed
was
Work
.
.
Refining
which
the Mattie and Melvina
loan and directors
bank
a
recently
Strong
extend
the. Mary
V
Frontier
-
the lower levels of the
Cashem Mine; to further
repiacc the Mattie Mill or build
develop
to
development oi
off
pay
'
■
1949.
7,
if
and
(
approximately 4.5%
above the
monthly average for the first quarter, sales for May were adversely
affected by a strike of production and
maintenance workers in the
company's plant af Exton, Pa., which began May 1, 1949, and was
While
will
capital.—V.
Operating
Balance
Profit
Before Taxes
$153,343
$160,322
39,266
36,427
,
Quarter
'
1,396 808,
46,788 shs,
EARNINGS
AND
Proceeds
».
per
Monday, June 20,
production balance in line with
—
Stock Offered—John R.
offering 150,000 shares common stock
share. * *
• i -
are
Mine; to further develop
the Melvina m<ne shaft;
.
CHRONICLE
FINANCIAL
&
Range Mines, Inc.
Marple & Co.,
{par $1) at $2
.
FINANCING '
PRESENT
TO
Authorized
Long-term 4%
.
.
CAPITALIZATION
Front
factory
new
a
building, $20,000,
•
COMMERCIAL
THE
(2642)
JO
Volume
can
value.
-
Its $235,806 of current
held
note
The
by
SEC
hearing
THE
of the outstanding common stock
96%
owns
Number 4813
169
North
has
(2,500 shares), no par
include a $100,000 5% demand
liabilities
interested
until
persons
June
the application.
upon
30,
to
request
Arthur
World
a.,
ol
The
of
directors
the
semi-annual
a
stockholders
dividend
record
of
semi-annual
a
increased
have
of
with
sharq,
per
payable
Aug.
1,
of
1949.
previously the company
cents
per
share.—V.
169,
Manager
IBM
of
Period
Gross
from
1949—Month—1948
,.
.
$1,123,531
from
338,186
838,153
974,831
$50,869
5,294
10,490
Net
from
rev.
Deductions
.
$159,639
preferred
11,761
»
$295,853
73,585
_:
:
62,941
taxes
Income
(est.)__
20,286
This
$171,400
6,224
rail
costs
rem.
189,203
221,486
,
•
"Loss.
tRate
NOTE—In
Income tax
to
purposes, only.
for
order
in
prolits
respectively.—V.
*
of
to
of
at $40
169,
1226.
p.
share
for
vertible
to
stock
share, for
each
(instead of 50% )
shares of
nations
of
$50
record
of
11,
July
than
less
i, Kidder,
principal
Peabody
June
22
in
1949,
stock
held,
stock held.
common
of
the
net income
of
(no
(b)
or
the
par),
at
of
have
(flat)
either,
one
lor
30,
associates will
and
each
be .issued
pay
•
will
also
holdings
''
*
opposed
to
Net
of
.'
*
'
International
for
at' lesat
Interest
oTder * that
July
1,
of
New
in
is
composed
which
and
dis¬
"prompt
of
York
Hydro-Electric-
■
Dr.
Josenn
D.
represent
Allen,
N.
Y:,
the
and
of
of
the
U
District
S.
Net
representing
further
a
Polv
the
District" of'
debentures
shall
continue
settlement
First
National
to
be
dealt
the 'prin--
of
account
in
"Flat,"
Exchange contracts- made beginning
to show the above payments.
of
and
at
Chase
Boston,
National
Boston,
Toronto,
Bank-,
Mass.,
Canada.—V.
Three
.and
COMPARATIVE
Period End.
Oper.
$2,234,021'
881,541
::
Maintenance
of
Amort,
f
All
other
income
Pulpwood,
etc.-'/__
1
105,980,900
98,967,122,
Outward
freight
and
delivery
exps.
10,463,760
general and admin, expenses
2,924,262
2,400
Int.
159,161
2,137,134
2 ,003,804
Depreciation
$449,365
$443,422
$6,110,431
$5,554,416
*190
2,103
241,061
Selling,
&
amort,
of
defeat disct. &
oper.
rev
income
income
Grcss
inc.
Total
(net)
$449,175
deductions—
$445,530
131,096
$6,351,402
95,153
...
f
Net
$\5P5.:P1
1,563,761
1,032,895
$4,787,731
$4,552,236
.
Approp.
of
income
Net
Dividends
,$318,079
——
$350,377
applicable to preferred stock-.
.389,588
asset&
at
_——__—»-
"Less.—V.
2419.
169, p.
—
profit
"Earnings
-
"Based
<
Stores Corp.—May
Howard
V.T69,
Sales—
351,153,
.
Sales
$2,102,108
_____
—V.
169, p.
$13,313,408 $16,160,540*
$2,608,635
$11,692,936
from
*
Period
■
Net
'
Electric Motors Co.—Earnings—
Howell
Quarters Ended March 31—
—
sales
Net
earnings after charges and taxes
4,500;000*
27,600
f
tems.
—V.
169,
1779.
p.
/
.
199,236
$0.68
;
.'NOTE—Without
The
the
tax
credit
reorganization
Payment of $37 Set—
The
have
American
North
received
Co.
North
and
American
Light ■&
The'company' has
Power :Coi
authorization
SEC
remaining
common
$1,000 ^debenture
to
and
North
American
would
be
added
its
to
general
funds,
Light
would apply
Power
&
outstanding
bank
loan
the proceeds
Dec.
due
notes
it
to
the
North
the
prepayment
amounting
to
American
for
also
stock
Illinois
the
authorized
was
opening
to
make
New
the
on
York
bids,
any
stabilization
Stock
shares
of
record
the
Exchange
directing
the
divestment
2528.
is
acquired
so
the
liquidation
by-North
1 '■
" ;"
i
■
.'
dissolution
and
American
Light
of
interest
of., its
\
sold-
to be
&
Power
and
Of
the
to
31,
98.4
In
cents,
1948,
according
each.
to
the
on
and
serve
-Investors
be
made
quoted
to
exact
amount
would
be
would'
disclosed
'
'
1
'
•
A'.
^
»
•
•
'
I
application of
act
Stcck
Inc.,
for
company
investment
as
Fund,
revenues--
expenses-
oper,
;
adviser
and
13 to June
permission
to
Investors
to
Investors
Selective
28
con¬
1,519,985
Net rev. from ry. opers.
$676,206
$335,949
$1,693,770
108,825
259,370
455,131
233,204
941,022
ment
$6,080
*$493,073
annual'
The
termination.
contract
Investors
to
revenues
,*$90,709
4,289
has
yielded
Diversified.—V.. 169,
Iowa Public
Service
•
General
$600,000
some
$846,521
17,115
$1,724
Fixed
*$511,466
$329,406
3 202
6.906
charges
-
'
3,620
t.;
_
47,929
—
185,372
:
Net
Neh: Income
*$43,749
169,015
*$316,883
$48,276
1
; "Deficit.—V. 169, p. 2210.
i
"
.
Indiana Limestone
The
the
have
directors
outstanding
ment
will
p.. 1695
a
'
■'
..
15
to
4%
income
holders
•;
-■
,
semi-annuRl
2%
mortgage
July
■
•
.
income
of
interest
bonds,
record
;
The
ted
company
V.
109, p.
has
General
that Edward
Counsel
resigned
1227.
upon
Of
the
M.
this
Biddle; for
company
advice
of
Mines
factory
1
Equipment
power
of
Co., St,
distribution sys¬
approximately 26,800
outstanding stock of
the
almost
of
about
ran
it
$1,000,000,
stated
was
$2,000,000.
volume.—V.
bidding
in
the common
the
reserving
169,
p.
1334.
connection
stock
with
the
sale
proposed
par).
(no
right
the
(and
Commission
the
bidding
only
to sell reduced amounts of
balance .later) if negotiations for
impossible
granted
on
the
condition
request
that
the
the
unsatisfactory.
or
from
for. exempt'on
sale
the
of
entire
block
proposed additional investments in its other operating
Kansas' urgent
Kansas
the
needs for construction
funds.
Although
981,238
all
-
•*
accrued
oh
the
639,788"$1,744,416
com¬
of
$1,770,972'
624,459
632,671
$1,138,300
the
resolve
-
.
our
for
within
doubts
as
to
.
the requested exemption
the f>ale of
the
.
(from
com¬
550,000 shares if
the entire block of
immediate
future."
American proposes to use the proceeds of its sale of
to make additional equity investments of $7,000,000,
indicated,
Kansas
&
Under these circumstances,
.
to'be in the best interest of all parties concerned,
securities ai one time
(and) we have deter¬
stock
$2,500,000,-respectively, in Texas Utilities Co., Florida
and
Light Co.,.and Paciiic Power & Light Co., which investments
necessary prerequisites to compliance by American with
order
directing its dissolution.
Kansas would
apply
considered
proceeds of its sale of
the
100,000 shares to its construction
and to liquidate bank borrowings therefor.
Blyth & Co., -Inc., and The First Boston Corp,
as underwriters
for the stock,—V. 169, p. 2420.
gram
pro¬
,
have
been selected
Kern County Land Co.—Secondary Offering
•y -
preferred
the
26,555
$2,050,658
stock.
159,381
ondary offering of 30,000
—
A sec¬
(par
$5) was made June 10 by Dean Witter & Co. at $39%
per share. Dealers discount $1.25.—V. 169, p. 7.
$978,918
shares of common stock
159,382
$1,266,817
—
i Kewanee
The
*
1884.
p.
and
Commission
a
$1,426,199
"■ *
•
"unseasoned"
Relatively
was
block at competitive bidding.
bidding)
$6,000,000
are
723,658
$2,031,924
stock
it appears
,
to
issued
Ircnrite Ironer Co.—Omits Common Dividend—
The
would
directors
have
30.
Issue
on
167,
last-mentioned
1
p-292e*
'
recently
been
*
Public Service Co.—Calls 7%
company
and
has called
outstanding
.
Stock—
for redemption on Aug. 1,
shares
of
its
7%
next, all
preferred .stock
plus accrued dividend from July 1, 1949,
date, in the amount of 29 1/6 cents per share.•
share,
voted to omit the dividend which ordinarily
payable on the common stock on or about
declared
Quarterly distributions of 10 cents each were made
March 31, last, and on Sept. 30 and Dec. 30, 1948.
Pay¬
•
-
•
manv
year*.a
and its affilia¬
physicians.—*
his
.
Power
678,718
—_
Balance
169,
,
date,
an
extra
of
5
cents
was
alsq
on
this
On
paid.—V.
The
James
and
D.
Francis,
Raymond
Herbert
Eales Co.,
A.
a
E.
formerly
Salvati,
Glover
has
to
said
at
of the
$53
ner
redemption
a
elected
h"s
h—->
President
subsld.ary.—V. ICC, p. 2164.
as
President.
Creek
$1.75
per
*
share
on
7%
the
1949, to holders of»
••
*
"
Governors of the New York Curb Exchange on June 15
for Jcrmal listing 440,000 issued and outstanding no par
and 44,000 issued and outstanding $50 par 4% pre¬
ferred shares of this company..
Since' effectiveness of ,a recapitalization plan of the company last
common
elr^ait-man
cf' Island
of
Kinsrs County Lighting Co.—Formal Listing—
The Board of
Vice-President,
dividend
approved
President, Etc.—:
Preside'1*.
formerly
been
semi-annual
the
165,
\;;'!-
Island Creek Coal Co.—New
usual
preferred stock has been declared, payable July 1.
record June 20, 1949.—V. 163, p. 2158.
••
announces
and
companies
worth
net
a
Coqimission stated:
mined
'
Vice-President
that
sell
to
18,733
income
June
on
■*.:
'
I ■
•
;
'
7; /;•
...
Insurance Co. of North America—Official Resigns—
•
and
exchange
stock for all
entire'block proved
American's
.
5,231,837
1
—I—-———
>
f
1975.
•
acquire
to
mine
for < the
total
time
this
the
"
*
89,999.657
778,864
operations—.:—.—
deductions
30.—y.
"
Co.—Acquisition—
•
pavmen*
due
June
r-
-
»
"relatively small and little known and that the market for (its
is consequently only moderately absorptive" to make it not un¬
reasonable for tile management to determine not to undertake a sale
-
income
•
-
from
(net)—/
•'
>
Dividends
:
Co., Inc.—Interest Payment—
declared
general
made
be
•
169,
4.
pany
the
1948
830,690
1,219,772
■
taxes___——I!———_____
earnings
»
$1,011,655
t
•
consummated within the immediate future. Such
disposition, the Commission indicated, would avoid the possible delay
which
would
result from piecemeal
sales and which would interfere
the
in
756,392
takes
Income
-V.
•v
$24.23
was
.
550,009 shares be
As
13.134
43.340
*$94,898
________
deductions
1949
announced June 9,. the SEC granted conditional exemp¬
shares,
at
petitive
1949
—
1
federal income
'-Net
Total income
Misc.
31,
has proposed
Gas
qf the entire
p.. 2420.
6,150,727
—
depreciation
,
13,338
of
Co.—Earnings—
12 Months Ended April 30—
Other
4,346
March
.
arranged
year
shares of
consummated
Gross
'
•
-
at
1948, and $25.56 at Dec. 31, 1947.—V.
•
*"
**.
•
stock)
of the coiitrolling interest in Investors Diver¬
Corp. constituted an. "assignment", of the invest¬
contract theretofore In existence and resulted in its
advisory
1,067,596
——
_
'6,605,265
23i,719
joper. income-
Other' income
$7,281,471
6,382,123
99 654
Equip. & joint facil. rents V
ry.
$8,075,893
$422,082'
Railway tax -accruals—_
Net
1949—4 Mos,—1948
1,434,045
V
-
share
per
31,
.
has
last
decision
of
tion
Mutual,-
Alleghany
Operation
$1,769,994
$1,942,067"
:
—_
rejecting the arguments that a better price would be obtained through
negotiated sale than by competitive bidoing as "not persuasive," the
Commission recognized that there was sufficient merit in the conten-.
recent- acquisition
by
Maintenance
Railway
*202:
value
has
firm
subsidiaries and
Inc.—Hearing Postponed
postponement from June
a
Operating •;revenues/___J_____.___/__..~__w_.,____-'$ll,768,372
Railway oper.
$2,333
2,109
396
Dec.
at
Equipment's
competitive
"
of
automatic
RR.—Earnings—
1949—Month—1948
3,284
20, 1948
securities—
of
Morrow, President,
However,
ex-distribution
•"
The
new
ultra-modern, all-electric trains have been picked in
by this company for operation between Decatur, Peoria, Spring¬
field and St. Louis. Cars for the trains were built by St. Louis Car"
Co., and are powered by General Electric equipment.—V.* 169, p. 2419.,
-
412
said the Joy company has been exclusive
agent of Mines Equipment in the mining and oil industries. Joy.'s
ol
these
products, be said,
accounted for more that half - of
shares
holders
Inc.
The
Three
Period Ehd. Apr. 30—
766
$3,882
— -
payable April
sales
asset
sales
A.
550,000
notice'
sale
will
be
for
service
Indiana Harbor Belt
-—
manufacturer cf
latter
a
with
•
:
1948
1949
.interest
the issuance and sale of 100,000 shares of
this stock, and its parent, American Power & Light Co., had proposed
the sale of its holdings of 450,000 of the 600,000 outstanding shares of
the stcck.
Both had sought permission to negotiate for the sale of lha
distribution
previously that, the distribution
the
>y
•
distributors
the firm ex¬
organization this
and
service
—
from
of 550,000
.
'•
and
TWIN"
Heintz
&
Wholesale
$2,743
from -competitive
tion
hence
Minneapolis), during the" period May 19 to July 11,' 1949.
hearing was postponed at the. request of company-counsel.
169,
!.
1
-
certificates,
Exchange.
will
$37
of
proposed
*
that
trade.
tive
;
Fund,
(all
Illinois Terminal RR.—Three New All-Electric Trains
-
the
payment
the debentures
"•
hearing
to
Inc.,
.v':: >
-
-
$371,000.
;
announced
"Jack
new
territories,
Kansas Gas & Electric Co.—Exemption from Competi¬
Sale Granted—Underwriters for Stock Named—
*
.
$1.23
of
equal
March
amount
under
Curb
The SEC June 10 announced
tinue
the
Illinois.-^V.
hi
'
had
sales
and
Joy Manufacturing
Equipment Co. ■
' '1
Kansas
exact
an
Investors Diversified Services,
■
Placed in Service-^
was
'
company
sified
;
20,f and
the
retail
'
date
compliance with prior orders of the Commission
in
income
effective
1,
announcement
16.
purchases
on
shares.
242,785
The transaction
reorganization
available.
escrow
York
New
the
approximately $36 but
later. —V. .169, p. 2529.
the Exchange as soon as practicable after the consummation of the
§ale of
net
July
debenture
the
June
June
The
•
over
from
upon
paid
be
...
scheduled
p.
its:
to
to
of
of
and
to
1949,
31,
$5,000,000.
-
of
9
on
while
•
of
June
-
to
ceeds
,
holders
According
sent
The
.
1,500,000-
•
decided
be
to
3V*
at
*$1,846,855
'
to offer for sale at competitive bid¬
stock holdings in the company.
proposal involves the sale by North American of 72,785 shares,
by Light & Power of 170,000 shares of the Illinois stock/ Pro¬
ding their
$403,952
1,500,000
4
Illinois Power Co.—Stock at Competitive Sale—
'
:
rural
and
rated
%
its
sales
—
became
are
is
$4,648
agreement 'calls
Mines
12 Mos.
$0.27
comparisons of net income
no
:.
.
share.
a
which
,
of
D.
sales
3 Mos.
credit
lightweight
the
security profits & losses)
(excl. of
declared
•
The
and
«
il
tax
to
Industrial
K
dividends
.
1949—
shares
estimated
cash
company
Mines
$3:21
appropriation.—•
reserve
share——
"Including
135,464
$0.14
shares of capital stock——„——
Earnings per share-—1
:
Number of
per
$1,4'>7.H)4
199,236
_____—
Boston.
.
TWIN",
franchised
—
Mo.,
shares
11,660,540
'
_____
of common
Earned
1948
.
" $721,500
__*_———J—„„;
31,
the
to
nationwide
a
.
This
_
tAftcr
shares.
income
Number
—.
1949
Net
March
the
on
'
*
Ended
commercial,
distribute
to
serve
1991.
p.
income
Louis,
'b Interstate Power Co.—Earnings—
$13,589,900
approach
'--*••
Heintz
&
Joy Manufacturing
i
-
1,500,000
1949—5 Mos,—1948
1779.
169,.
profit
J
1949—Month—1948
plans
complete
NOTE—Net
•
Period End. May 31,—
13
that they soon will begin
motor,
"Jack & Heintz
2
bicycle
company's
family,
to
against $24.51
t$3.25
common
for
"Jack
p. 603.
11,813,408
2420.
the
channels
1,795,303
share—.-t$3.39
3,560.000
on
p.
In
■
the
9,663,288
12,314,831
common
of
1,765,910
1,500,000
—
per
■
June
on
twin-cylinder
market,
8,074,962
against cost of prior serv¬
benefits under retire, plans—
Net
announced
wholesale
The
Balance
of liquidation,
process
June
"Net loss,
.
2,564,290
239,787
...
firm
the
2,2371452
costs
current
share
per
Precision Industries, Inc.—Enters New
a
new,
initial step
7,750,241
operations——— $13,814,831
res.
for
replace.
toward
eapital
ice
$4,162,648
•,
.
from
Net
Erovieion
389,588
$4,398,143
;„l
profit
$4.50
1668.
p.
appointed
Dividend
2,109,687
''
2,916" 517
212,768
S. Federal and State inc. taxes__
Canadian & other foreign inc. taxes
169,
of
to
Net
100,230
U.
:;0,71u
.
of
Expenses
7,746,339..
2,651,969
exp.
3,410,974
$1.42
(The) Johnston Mutual Fund, Inc.—Earnings—
49,839,342
9,027,897
»
of
3 Months Ended March 31—
„
5,588,285
2 ,782,666
$508,003-
$1.98
Co.—Pays $4.50 Liquidating Div.—
dividend
a
company
Income
1,043,662*
Depletion
Net
Other
59,245,415
8.434,972
2,400
$709,250
stock
102,002
**
96,358,213
1,310,062
2,898,846
«3,684
$46,569
$85,725
Heintz
the
year —V.
8,855,244
200
taxes-
$
1,562,221
211,011
ex
&
be
pects
1947
Maintenance
200
tax_
^ 6,878
'
2104.
Exchange.—V.
The
608,909.
60,529,895
•
common
——
spare of
p.
1
will
919,039
i
.
6>3^4
include
twin
cyclinders, 2-cycle operation, automotiveclutch, motorcycle-type combination fuel tank and utility com¬
partment, Eisemann magneto,
twist-grip controls,
and
compression
Release for easy starting and fast decelleration. The unit is Installed,
easily in any sturdy, men's type, balloon tire bicycle.
!'
1
Taxes
164,302
inc.
materials,
.
type
111,761,648
labor;
other
horsepower,
618,944
and 'repairs—
(other than income taxes
disct'.
and
Features
of
$
111,142,704 106,061,861
•.
.
debt
.
Y.?
■
1948
$
____
511,340
bonds
use,-
July T,
N.
Bank
Royal
2420.
p.
*1949
•»
_____
(net)
Total income
.
190,391
investments—
Fed.
tor
31—
42.946
—
transportation
1949—12 Mos.- -1948
limited-term1
electric
Prov.
207,927
._
March
Ended
discounts
Other
$2,061,916 $28,426,178 $24 ,941,939
813,302
11,310.554
9, 235,165
258,063
3,597,775
3, 195,430
176,757
2,369,038
2, ,068,057
340,295
____
Depreciation
ACCOUNT
1949—Month—1948
April 30—
revs.—Electric
Operation
INCOME
Months
sales, less returns, allowances
42,373
$1,074,046
464,041
quoted
TWIN"
International Paper Co. (& Subs.)—Earnings—
Gross
$1,304,274
per
through
•
$96,393
Officials
•
the
privilege of underwriting the proposed offering of $15,360,450 new
convertible
debentures 23/4S,
due 1964.
In addition, tne group has
agreed to pay the company 80%
of the proceeds above the price of
par
at. which debentures, not
taken on subscription by Houston's
own stockholders, may be sold on a public reoffering.
26,745
$134,452
shipments
a
York,
New
and
169,
be
to
and
t
of
Bank
$1,047,301
23,346
This
corporation
well-known
as
designers
and
manufacturers
of
precision
aircraft
equipment, fractional horsepower electric motors,
ball bearings, .Eiseman. magnetos, and refrigeration
condensing units,
has entered the field of
lightweight, secondary transportation.
$1.50 representing interest, at the rate of 6%
per
annum on
such'payment of principal for the period from April 1, 1949, to July
1, 1949),- on presentation of debentures for stamping,
,
The New York Stock Exchange on June 10 directs that the deben¬
tures be quoted ex $101.50 per $1,0G0 debenture on
July 1, 1949; that,
the
$1,280,928
1,471
Field—
for
cipal;
i
$94,922
1,468
—
The. capital stock of this company, which is in
Stock
.
on
$132,994
3,830,917
Stuberfield,
William
Court
payment
earnings—
income
169,
was
dated June 6, 1949,..payments will be made beginning
July 1, 1949,* on the convertible- 6% gold debentures, due 1944. "Partredeemed," of $101.50 per $1,000 original principal amount of deben¬
($100
77l',603
528^000
of
Jack
Order
542,000
Isle Royale Copper
commit-,
headmaster
Principal and Interest—
on
to
Canada,' Montreal
for
will
44,000
exp.
Earned
—V.
years, and "probably more"
the
company
dissolve.
This
City
47,500
^ deductions
1942.
Country
1949; must be stamped
Payments will be made
four
denomi¬
$3,750
company
Jackson
902,571
on
Amortiz".
•
two
64,454
earnings
seek
securities, of the "fair
or
355250
82,648
—
oper.
filing^
a
SEC's
issued
the
419,950
income
Net
'
plan filed recently by Bartholomew A.
Syetem.
This committee contends that the
delay
:withi the
' '
seek
$7,364,935
4,219,486
34,125
_
to
•
to
a
$564,702
327,201
56,100
retirements.__
for
;
$6,533,011
334,631
malnt—
&
taxes
taxes
Prov.
*
_
1949—12 Mos.—1948
>
,
Group—
stockholders, in cash
E.
delivery- in
1964,
/*".
Co.
Other
Massachusetts,
right
$50.
&
committee
their
of
will
first
Pursuant
2%%-con-'
for
and due June
not
is
Payment
•v
be¬
the extent of
debentures
Debentures will
the
alternative
to
par
11, 194j,
amount
shall
This
trustee- for The
wa6
tures
common
shares
four
extent
in
reverted
*-
debentures, to be dated July
the
has
Power Co.—Rights to Subscribe—:
before
or
on
per
increase
no
company
directors
as
System,—Dissolution
Day School .of Brooklyn.
al§o of New York City.
*
the
SEC.
preferred
plan
Percival
Pren
change was made retroactive to Jan. l, 1949, re¬
and $17,969 for January and February,;
common
subscribe,
(a)
"$50,086
$15,881
Houston Lighting
Holders
$55,640
that
indicating
expected,
estimating income taxes at 42%
sulting
.
be
to
elected
eXps.
Income
_
-
advice
is
1949
fore income taxes. This
„
with
accordance
rates
the
of
$653,873
*
H
Del.—Earnings—
1949—Month—1948
oper. * revenues—J
Oper.
directs
outside
,
Hydro-Electric
stock. *"
compliance
tee
*$17,422
$25,939
revenues
also
were
■
.
Net
World
value"
group
trustee's
44,798
2.074
tAmort.z.
to
Brickley,
$56,163
$111,240
transp.
the
investment
$285,378
3,210
transp.
with
tribution"
*
$108,030
transp.
revs,
Ltd.
International
made
'
Net
which
world
Sheppard, President of International Busi¬
of Canada, and James G.
Johnston, General
A
new
preferred stockholders' committee has been formed
''immediate dissolution" of this company, it was disclosed in
$1,134,470
288,920
Revs, other than
Delaware,
the
30—
Total
Other
1949—3 Mos.—1948
$389,055
Operating expenses
of
Period End. April
'
director
a
„
$396,950
transp.
Co.
throughout
Iowa Southern Utilities Co. of
corporation's
and
H.
Manufacturing,
Deleware.;—V, 169, p. 1884,
of
the
of
Vice-President
Be Sought by Preferred Holders
Rapid Transit Co., Ltd.—Earnings—
End. Mar. 31—
rev.
Co.-
Machines
(2643)
Corp.—Personnel—
Manager
elected
business
IBM
the
to
been
CHRONICLE
had paid
1561.
p.
,
Honolulu
has
George
IBM
of
FINANCIAL
Assistant
Business
of
Machines
ness
to>
1
Watson,
States.
&
Business Machines
Division,
operation
United
declaration
the
65
July
dividend
cents
70
rate
dividend
the
K.
Trade
International
-
Home Insurance Co., N. Y. City—Increases Dividend—*
>
International
t
American.
given
COMMERCIAL
Coal*
shares
December,
in
the
these
status
of
Issues have been traded on the Curb Exchange
securities exempt from registration, under a ruling
two
12
of
the
Commission.
Exchange
and
Securities
Prior to last December
Exchange in an un¬
predecessor issues had baen dealt in on that
status.—V. 169, p. 2315.
the
listed trading
Talks Aban¬
Keyes Fibre Co., Waterville, Me.—Merger
Products
Shellmar
letter of notification with the SEC
for $150,000 20-year 3 V* % first mortgage bonds, series A, due May 1,
1969.
Underwriter, The Ohio Co., Columbus, O.
Proceeds will be used
for installation of automatic equipment and to provide working capital.
company
from
Operating
1,332,310
1,501,571
3,727,538
4,217,236
444,656
462,620
755,959
operations.
taxes
528,613
Fed.
$4,939,052
1,644,314
$4,483,497
1,452,556
$1,964,192
595,968
$1,776,967
Prov. for Fed. inc. taxes
Net
.
profit
1,875,000
$3,294,737
$3,030,941
$1,368,223
$1,248,353
-
share
shares
Keystone'6 earnings for the nine months ended March 31, 1949,
combined with the company's share of the earnings of subsidiaries,
amounted to $3,699,589, equivalent to $1.98 a share of Keystone capital
stock.
and $2.30 a share for the like
with $4,308,082,
This' compares
$468,175
—-
income
$556,698
255,078
$586,135
289,827
$232,186
$296,308
$0.21
,»■
—.
Earns,
sh. on 1,095,440 shs. of com. stock—
per
this
of
cutput
(Ky.)—Weekly Output—
for
company
the
ended
week
11,
June
34,914,000 kwh., as compared with 41,098,000 kwh. for
last year, a decrease of 15.0%.—V. 169, p. 2529.
totaled
PROFIT
the corresponding week
The
McLellan Stores
SUBSIDIARIES
OF
profit of National Lock Co. (68.43% owned by Keystone) for
ended March 31, 1949 amounted to $1,873,357. This
net
months
nine
with net profit of $2,133,420 on the same basis for the cor¬
responding 1948 period. Sales and earnings of National Lock Co. for
the three months ended March 31, 1949 were less than for the same
compares
quarter a year ago.
The net profit of Mid-States Steel and
Wire Co. (77.62% owned by
period amounted to $211,717 compared
with $337,521 for the same period of the preceding year.
Dividends received by Keystone from subsidiaries during the ninemonths' period amounted to $777,625 and 41 cents a share compared
with $709,832 and 38 cents a share for the same nine months of a
Keystone) for the nine months'
Sales
The
company
com¬
Kresge Co.- -May Sales—
$
The
697
169,
before.—V.
year
1949
May 31,
at
company
a
p.
Interstate
the
had 699 stores in operation, against
2105.
gales
<
5
-
compared with 246
a
Laclede Gas Light Co.—Earnings—
Period Ended Mar. 31—
Operating revenues
Operating
Maintenance
Provision
Taxes
1949—3 Mos.—1948
12 Mos.,'4g
$5,228,756
$5,124,534 $15,444,562
2,162,886
2,200,857
6,769,576
195,064
222,785
890,575
.
-
—-
retirements
for
Provision
,
,
^
expenses
for
other
income
Federal
237,749
—_—
571,300
6C0,500
taxes
536.928
486,407
.
$1,435,629
$1,415,790
June
3
ally,
1,181
6,245
27,952
$1,436,810
$1,422,035
$3,665,136
360,512
350,737
1,456,440
$1,076,298
$1,071,298
$2,208,696
2,433,636
$0.44
2,433,620
$0.44
2,433,636
$0.91
Other-income
Gross
Net
.—
income
-
deductions
income
—
_
Shares
outstanding—end of period
Income per share—..—„—___.
Net
—V.
..
...
t~
-
Payment of interest amounting
June. 30,
holders
of
The
"Cash,"
shall
record
Stock
York
New
in
contracts
the
bonds
Exchange
June
income
due 1975, to
on June 20,
1949.
June 10 directs that Exchange
on
unless made specifically for
shall be ex-Interest $10, per $1,000 bond; and that the bonds
continue to be
on
dealt
16,
1949,
"Flat."—V.
in
Net
sales,
Cost
of
the
and
allowances—
selling, admin.
&
gen.
this
that
Gross profit
.
$1,440,024
$1,486,892
for
Prov.
$1,693,918
88,997
Carl
then
will
power
to
for Fed.
income taxes and State
payable on a quarterly basis.—V.
226,129
almost
disappear
taxes___
516,800
652,000
$743,963
—V.
sh.
169,
p.
on
the 253,584 shs.
of
$923,640
$2.93
plan
finance
The
reorganization
the
for
reconstruction
its
bank
$10,000,000
already
the
granted
annually
Period End. May 31—
169,
expects to
company
use
the proceeds
remainder
in
the
of
funds
Mexico.
The
of
Period End. April 30—
Operating
Operating
Federal
Other
shares,
structure
stock,
preferred
in
addition
to
the
of
of
$6,000,000
$36,010,393
of funded
INCOME
ACCOUNT
debt.
$1,492,619
Gross
in
Canadian
Currency)
1948—Monht—1947
$1,704,464
earnings
1948—12 Mos.—1947
$1,772,927 $20,289,113 $19,924,091
incl.
deprec.
1,613,831
1,364,817
18,972,918
16,853,430
operating
income
$90,633
$408,110
$1,316,195
$3,070,661
180,764
183,000
2,215,764
2,248,000
Accrual
*
expenses
864,165
taxes
142,320
102,346
Net earnings
annual
ture stock,
t$90,131
interest
and
$225,110
t$899,569
charges
sinking fund
on
$822,661
bonds and
deben¬
including those payment of which is dependent upon avail¬
tDeficit,—V. 169, p. 1229.
able income.
Middle South
For
of
week
the
this
—V.
deprec.
reserve
Amort,
&
utility
ended
kwh.,
P.
June
9, 1949, the System input of subsidiaries
amounted
to
92,442,000
kwh.,
an
increase of
20.2%,
or
corresponding
the
over
of
week
last
year.
2529.
21,413
__
—V.
169, p.
Operating income
income
/ '
21,413
'.
$237,875
;
$215,068
$2,934,671
'
* "
• '
-
.
"
1949—10 Mos.—1948
"
Net
Total
',.
''
$215,068
$2,934,671
'
106
1,459
69,247
11,714
$216,527
$3,003,918
$2,461,985
; 1 545,165
Interest
'
'
!!lc0rne,7-vr-rto
Dividends applicable
68,757
>
•
73,677'
-———«s—i__
J169-224
preferred stock
__
831,855
i
$142,850
L_2
.i'-r
.
■
'
$2,172,063
•
'
356,532'
:
..
r
178,946
$246,380
138,956
;
$330,503
3
deductions
123,858
$370,239
.
56,886
59,302,
$273,616
Preferred
stock
Balance
Earnings
dividend
for common
per share
169,
of
requirements
stock
com.
Operating
Operating
Federal
Other
and
29,400
29,400
$244,216
$281,536
$2.44
surplus
stock
revenues—i—
-
*
—
'
income—:
37,057
i
—*-*
$12,352
______
gross
$535,248
10,244 '
I
-
•
i,
income
$2.82
(100,000 shs.)
Co.—Earnings—
1949—Month—1948
revenues
$2,002,012
expenses
557,032
taxes
399,818
taxes
W949-W2 Mos.—1948
$1,877,602 $22,878,089 $21,086,506
455,380
7,321,176
5,605,432
322,399
4,252,393
3,683,354
199,434
2,351,825
2,250,988
218,375
Property retire. & depl.
reserve
appropriation
125,000
125,000
1,500,000
3,861
Net
oper.
revenues
income
Gross
$7,435,716
2,192
193,812
62,552
$724,030
$777,581
$7,629,528
$8,092,310
2
94,978
86,947
1,065,465
1,110,389
$629,052
,7—
$690,634
$6,564,063
$6,981,931
applicable to preferred stock
957,534
1781,
p.
957,534
$5,606,529
Balance
169,
$8,029,758
$775,389
22,243
1"come
—V.
13(113
$701,787
(net)
income
Dividends
3,861
13,113
utility plant
acquisition adjusts.,
Other
i-
!:
1
''
""
168, p. 2434.
.')
Missouri-Kansas-Texas
with
the
$572,305
'
$181,573
*$336,319
235,985
'
: 1
•
"
4
*
'
•'»
•
'
RR.—Equipment Trust Ctfs.—
authorized the company to1 assume obligation and
procurement
$6,024,397
:
Period End. May 31—
1949—Month—1948
:
$100,334,119
Sales
—V.
169,
1949—4 Mos.—1943
$104,611,740 $358,939,807 $402,728,107
2211.
p.
Motor Finance
Corp.—Borrows $3,000,000
Privately—
The corporation has borrowed
$3,000,000 from The First
National Bank of New York and The Mutual
Life Insur¬
ance Co. of New York on
8-year 3*4% notes, due 1957,
it was announced June 10. The First
National Bank pur¬
chased $2,000,000 of the issue and
The Mutual Life the
remainder.—V. 167,
2791.
p.
;
Munsingwear, Inc.—Loan Placed Privately—The
pany announced June
in
com¬
16 that under
arrangements made
conjunction with
Goldman, Sachs & Co. and Piper,
& Hopwood, it borrowed $1,000,000 from The
equitable Life Assurance Society of the United
Jaffray
This loan and
bear
to
are
earlier loan from the
an
same
institution
interest at 3%%
per annum and are to be
in varying annual amounts, with final
pay¬
ments due Aug. 1, 1962. The
proceeds from the present
loan are to be used to
replace short-term bank loans with
long-term financing, thereby increasing
working capital.
—V. 169, p. 2211.
Myler Plastics Corp., Jersey City, N.
J.—Filing—
On
June
market,
8
letter
a
10,000
Proceeds
to
go
of
shares
estimated
at
notification
of
50c.
common
per
was
stock
share.
selling stockholder.—V.
filed
with
the
(no
par)
to
Underwriter,
166, p.
Cost
sales
:
Goodbody
not
&
at
Co.
Co.—Earnings, etc.
1949
1948
$1,570,473
—
$1,387,696
1,144,524
—
of sales
for
offered
1892.
National Chemical & Manufacturing
Net
SEC
be
992,858
|
Selling, general and administrative expenses—
322,283
278,716
$103,666
from operations
deductions (net)—_—
$116,122
taxes
6,180
42.000
$67,942
25,000
$0.56
Federal income
12.708
30,000
for
35,000
£55,959
Provision
Earnings
$0.68
share
per
.
♦After
depreciation
of
$13,964 in
BALANCE
1949
SHEET,
and
MARCH
$11,295
31,
in
1948.
1940
ASSETS—Cash, $104,385;
reserve
(priced
and
at
customers'
notes, accounts, etc., receivable
doubtful receivables of
$20,358), $551,706; inventories
lower of cost or
for
the
market),
deferied
charges, $67,926;
plant and equipment
$421,660;
investments
(after
and
prepaid
certain
new
equipment.—V.
169,
expenses
advances^
reserves .for
$114,449), $567,534; goodwill, patents,
formulas,
nominal value), $1;
total, $1,724,905.'
1
•
$11,695;
depreciation of
trademarks, etc.
(at
' 8.:; "
LIABILITIES—Notes payable to bank,
$300,000; accounts payable,
$159,442; accrued wages, commissions and
bonuses, $22,044; acprued
taxes (other than Federal taxes
on«income-),- $27,453; Federal taxes on
income, $102,133; other accrued
liabilities, $11,562; dividends payable,
$15,000; 4!/2% note (secured by mortgage on
Chicago plant—due in
monthly instalments of $1,250 to
August, 1958), $141,350; common
stock (par v&lue $1
per share), $100,000; paid-in
surplus (representing
the excess, of net assets
acquired from predecessor
par
value
of
capital
stock
issued
therefor),
$629,541; total, $1,724,905.—V. 165, p. 214.
.
.
..
copartnership ovet
$216,480; earned surplus,
2422.
J.'t
.
of
1,500,000
limited-term
investments
property,
• 193,926
_______
The ICC on June 1
p.
$310,936
1116.
p.
Montana Power
(after
$2,108
in respect of not exceeding $2,550,000 equipment-trust certifi¬
cates, third series 1949, to be issued by the Republic National Bank
of Dallas, as trustee, and sold at 98.524 and accrued dividends in con¬
"Vt-i-
•''it
"i
t
''
>>"('»■<
••».*'
I,
Missouri Pacific .RR.--TBuys)Own BondSr^-.-,
$1,916,816
356,532
166,045
$191,546
______
(net)
income
-1948
$17,248,685 $16,796,941
17,246,576
16,261,693
'
loss
nection
'
1949
i_L:,
:l
revenues
non-operating
'Profit.—V.
is
$2 450 271
income
taxes
income
(
256,958
$237,981
_
:j*
(railway and bus)
expense and taxes
operating
»
"'
!
liability
$237,875
—
(net)
income
March 31—
revenues
operating
Grdss
Net
''1
income
operating
73,500
110,431
Dividends
1,120,333
$2,450,253
>
- .
'
__
1
1,060,568
? t
256,958."..
66,074
80,100
130,895
and State
Income
93,451
.
__,
$2,436,267 $28,799,192 $23,111,510
2105.
.
oper. revenues—2
from plant leased
Gross
1.329,167
.
Net
Other
104,583
.'
3,098,515
taxes
Gross
Other
1949—Month—1948
$2,778,740
Deductions from
..124,500,
plant
acquisition adjusts.
others
t
retire.
appropriation,
of
Maintenance
Utility
1948
$3,773,859
"Profit
Total
1,177,290
1949
$3,961,289
-
6 Months Ended March 31—
Utilities, Inc.—Weekly Input—
corporation
169.
1949—12 Mos.—1948
92,472
Corp.—Earnings—
31—
3,299,250
exceedii g
Operating
$1,380,017 $19,112,428 $16,391,585
787,479
11,417,797
9,602,266
159,002
1,996,545
1,901,207
March
repayable
Milwaukee Electric Railway & Transport Co. (& Subs.)
Co.—Earnings—
266,856
$1,454,649
States.
consists of $5,700,000
preferred stock and 179,600
company
7%
Miller-Wohl Co., Inc.—May Sales-
1949—4 Mos.—1948
1949—Month—1948
revenues
taxes
Prop,
to
$26,000,000 grant,
r
capital
present
4%
common
...
Louisiana Power & Light
Inc.
the
of
short-term credit and finance part of
program
scheduled through 1952.
The
represent materials and equipment obtainable
approved, to refund the
its
$50,000,000 construction
Sales
1949—Month—1948
2105.
p.
266,856
$1,962,428
Ended
Depreciation
in his annual
stockholders.
to
12 Months Ended
-
a
help
to
$10,625,319 $10,981,384 $40,072,854 $37,851,835
—V.
;
short-term loan of
the firm to complete
company
order
in
Mr. Messersmith disclosed
reorganization,
necessary
of
program;
has
5'/4%
at
Period End. May 31—
8ales
Ltd.—Plans Reorganizat'n
this company is expected to be
made public shortly, according to George S. Messersmith, Chairman.
The purpose of the reorganization is to strengthen the company's
capital structure so it can qualify for a long-term loan of $26,000,000
from the International Bank for Reconstruction and Development to
|
Corp.—May Sales—
preferred stock
Montgomery Ward & Co., Inc.—May Sales—
$3.64
stock
cap.
499.
Lerner Stores
completely
as
Mexican Light & Power Co.,
A
207,276
profit
per
169, p. 2421.
Cotter. Rear Admiral (CEC) U. S. Navy (retired), has
President, effective May 9, 1949, to succeed F, E. Lyford,
resigned.—V. 169, p. 1993.
15,536,000
Net
Earns,
Actu¬
the
of
Henry
elected
been
$1,782,916
deprec. of property, plant & equipment
to
Operation
Merritt-Chapman & Scott Corp.—New President—
Net
46,868
Total
Prov.
issued
report
been approved by him.
the Commission that $5
had
plan
Bradford's
L.
from the famous
"'railroad to the sky", when (wo new diesel-electric locomotives enter
service
next
year.
Recently ordered from General Electric Co., the
400-hp locomotives are specially-built units similar to two G-E loco¬
motives now in service on the cog-road.—V. 129, p. 2678.
14,971,995
(net)
849,131
$1,721 505
.
Manitou & Pike's Peak RR.—Tv/o New Locomotives—
$16,665,914
_
credits
recommended
paid to shareholders in cash, that the par value
be raised from $100 to $180. and that the 5% divi¬
te continued,
Steam
*
14,063,568
845,014
$2,229,284
revenues
Interest
♦Of
Miscellaneous
John
recommended
1948
$15,503,592
exps.
84,955
$132,292
Amortiz. of
Bradford
Oper. exps.
1949
.
discounts
goods sold,
has
company's
Examiner
of
(Expressed
May
Corp. (& Sub.)—Earnings—
April 30—
afer all
Months
quarterly.
Period End. Dec. 31—
since
Manager
Lee Rubber & Tire
examiner
167, p. 2580.
of the California Division
1946, has been elected Vice-President—V. 169, p. 1453.
6 Months Ended
12
Operating
of
Lear, Inc.—New Vice-President—
Adams,
$2,560,636
$176,419
Period End. April 30—
CONSOLIDATED
Eurnham
$3,074,298
the
of
arrearages be
rate
The
bonds,
5,404
$217,247
169, p. 1781.
—V.
Commission
on
if
to $10 per $1,000 bond will be made
on the first mortgage
at the close of business
1949,
$2,555,232
367
_____
Amortiz. of
accounts
the stock
the
Lautaro Nitrate Co., Ltd.—Interest Payment—
$3,073,931
55
$269,534
applicable
proposed to increase the par of each share
accompanied by a reduction in the dividend rate
also was proposed that dividends be paid semi¬
indicated
report
pn
-V.
■-
168, p. 2433.
$217,192
93,115
It
instead
Mr.
$3,637,184
m
Operating income
Income
1,790,044
income—
Federal
than
*
r
932,983
1,424,200
227,395
1,021,663
18
income
Dividends
RR.—ICC Examiner for $5 Rate if Par
rate
$185,
4%.
Previous
dend
May 31, there were 252 stores in operation,
year ago.—V. 169, p. 2105.
to
to
annually
of
At
declaration
recently
company
$100
1949—Month—1948
1949—5 Mos.—1948
$11,858,783 $12,609,779 $60,177,187 $57,217,839
Period End. May 31—
the
on
164, p. 2411.
Commerce
dividend
dividend
(S„ H.) Kress & Co.—May Sales-
action
no
preferred stock be kept
at 5%, if and when the par value is increased.
Dividends, on the preferred, which have accrued unpaid since 1931,
now
amount
to
$85
a
share.
In order to liquidate
this arrearage,
the
21,774,436 103,269,965 101,731,471
22,041,289
Sales
took
10
Preferred Is Raised—
An
from
$
$
ft
'
June
on
20.—V.
June
record
from
1949—5 Mos,—1948
1949_Month—1948
Period End. May 31—
directors
Div. Omitted
Publications, Inc.—Common
ordinarily payable on or about July 1 on the common stock,
par $1.
Quarterly distributions of 25 cents each had been made on
this Issue on Jan. 1 and April 1, last.
The usual dividend of 75 cents per share has been declared on the
$1.50 participating preferred stock, par $1, payable July 1 to holders
that
pared with 311 a year before.—V; 169,
(S. S.)
The
1,099,585
1,290,632
$269,516
revenues-
incom»
Other
2211.
p.
1,635,799
1,416,993
95,417
dividend
on
had 306 stores in operation,
p. 2105.
1943
May 31,
on
169,
1,671,411
107,011
110,000
income
Federal
1949—Month—1943
1949—4 Mos.—1948
$4,356,981 $15,600,787 $15,756,443
$4,190,583
Macfadden
1949—Month—1948
1949—5 Mos.—1948
$2,900,000
$2,981,000 $12,340,000 $11,752,000
Period End. May 31—
Co.—May Sales—
31—
1
Maine Central
Kinney Co., Inc.—May Sales—
(G. R.)
-
—V.
of
ago.—V. 169, p. 701.
year
Period End. May
Sales
134,029
137,562
oper.
General
NET
148,829
$17,193,972 $15,011,674
9,746,005
8,699,390
-
Mobile Gas Service
Louisville Gas & Electric Co.
1949,
714,013
Interest
163, p. 2687.
Electric
$1,267,662
824.196
_
taxes
Balance
income
period of last year.
the
Net
1949—12 Mos.—1948
$1,490,103
_
expenses
$0.27
$487,264
deductions
Other
Light Co.—Earnings—
1949—Month—1948
29,436
——
income
&
taxes
Other
$1.76
$1.62
$0.73
$0.67
Federal
Net
—V.
on
per
$5,321,761
5,765,062
19,089
income
Operating
Other
Net
Earnings
Operating revenues
Operating
Gross
Total
Profit'' bef.
1948
1949
$6,233,424
5,815,249
expense
721,815
income
Mississippi Power
Period End. April 30—
Depreciation
March 31—
Operating income
1949—9 Mos.—1948
$8,745,914 $25,865,699 $24,060,883
$10,238,020
*
Other
a
1949—3 Mos.—1948
Period End. Mar. 31—Bales
filed
9
Transit Lines—Earnings—*
3 Months Ended
Profit
June
on
Los Angeles
Keystone Steel & Wire Co.—Earnings—
Monday, June 20, 1949
Other
below.—V. 169, p. 2529.
Corp.
CHRONICLE
FINANCIAL
&
(Ohio) Home Telephone Co.—Filing With SEC
Logan
The
doned—
See
COMMERCIAL
THE
(2644)
<
,
.
1
'r
;iitt
National Cylinder Gas Co.
n
-The company has sold
Guy A' ,Thompson, trustee, of this; road has purchased on tenders
from, holders at par $8CQ,000 of secured serial.514%, bonds under an
Offer Which expired June Id. "The purchases reduced lthb outstanding
principal amount of the issue to $11,340,000.—Vi-169^ p.'2530.'"'
—
Sells Preferred
Privately
15,OOP Shares 01-4^% preferred
institutional investors at $100 a share. The
monPy has: beerii added to
working: capital, -— V. 169,
p. 2111.
"Y" '
'
ptock fo folir
THE
Number 4813
Volume 169
COMMERCIAL
National Distillers Products Corp.—New Contract—
&
FINANCIAL
Consolidated earnings,
corporation, a wholly-owned subsidiary, announces that under
long-term contract, with Hooker-Detrex Inc. it has agreed to supply
the latter corporation with substantially all of the chlorine produc¬
tion of the $10,000,000 sodium and chlorine plant which National is
building in Ashtabula, Ohio.
Hooker-Detrex
Inc.
is
starting construction on a plant for the
manufacture of trichlorethylene, a metal cleaning and oil extraction
now
(2645)
12 months ended April 30
This
a
CHRONICLE
1949
Total operating revenues
CAPITALIZATION GIVING EFFECT
1948
1st mortgage bonds:
3V*%
series
due
15,914,424
15,107,546
2%%
series
due
1977—
Power, gas and steam purchased
Maintenance
1,897,728
1,652,400
3%
2,166,500
Elmira
Prov. for retirem'ts of
prop., plant & equipment
Prov. for taxes other than Fed. income taxes—_
1,765,350
1,971,079
1,643,096
2,792,225
2,425,729
Serial preferred stock
Operating expenses
of
via
gas
in production
be
that both projects will
169, p. 2531.
1950.—V.
by April,
Co.—Listing—
National Electric Welding Machines
owned
and
C.
New
Provision
for
and taxes
$4,474,069
840,247
taxes
Net
basis)
1,318,005
__
year.—-V. 160, p.' 330.
any one
$1,756,997
four-for-one
split-up of the old common stock (which had in. 1948
received $1 per share in each of the first three quarters), the new
stock received a year-end dividend of 75 cents per share on Dec. 30.—
V. 169, p. 2106.
*
?[■
'482,016
to
surplus..:
dividend
$2,191,623
349,312
Balance
avail,
for
shs.
com.
(before
fund requirements)
Earns,
per
before
OF
;
$1,842,310
of
$1.48
$0.26
$1.28
requirements.
$1.22
(COMPANY
ENDED
ALONE),
12
APRIL 30
.
MONTHS
Arrowhead
and
for Fed.
Provision
arate
return)
1949
*$1,767,523
984,899
$1,028,472
Gross
from
inc.
taxes
Gross
$2,715,092
194,924
Income
840,304
(on basi3
of
703,780
•Reductions
profit
Provision
$449,052
111,503
15,771
$1,714,442
$1,909,947
$1,751,797
349,312
___
from
filing of consoi.
to
return
j;
surplus_____
dividend
tax
____
requirements
—
r
profit
and
State
taxes__
income
181,411
126,274
$251,870
H.
Wright, a partner of A. T. Kearney & Co. of Chicago, man¬
consultants, and William B. Robbins, who has been asso¬
Reynolds & Co., members of the New York Stock Ex¬
change since 1945, have been elected directors.—V. 169, p. 1994.
with
$.019
meeting
of
holders
of
Tekla
and
D.
first
will
mortgage
held
be
gold
of
bends
June
on
Court of Ontario,
1949,
20,
Canada,
(2)
purposes
the
on
New
mortgagee
presently
(3)
a
Mathew
pursuant
Apartments Ltd.
enumerated, secured
Anrandaie
property,
and
in
by
cash
(b)
The
for
the
the
t
to
the
$71,100
face
value
provide
for
plan-of refinancing;'
(b)
bonds
in
an
of
the
bond
sale
of
the
bonds
will
The
be
' ''y
to
carrying
the
not
road
costing
thaii
more
estimated
an
80%
New
income
Earned
,*».■'-}■ s:
per
15
formerly
p.
„f'
■
tax. returns
The
M.
,
.
by
$3.83
Mining Co.
Mining Co., Inc
below! iproductioh
Gas
This
is
a
Finance
Following
June .9,
10,' thfs
is
> a
of 14,931,343
of
June
kwh.' ftyr the corresponding week
10 week
is
reported
issue
a
was
per
group
of 14,395,000 cu. ft. or 9.73%
fkt. for the Corresponding week a
Cominittee.APJJpiuted-^
a'Meeting,
1949,
.of
133,567,000
a
218,668
j—
600,036
taxes
.126,900
:
1
Counsel
of
the
I
$1,030,977
•
102,699
—
—-——
—
$1,133,676
—
856,675
income
:
'$277,001
—
___—
earned
to
surplus—,
stock of
New York
Water
Service Corp.
STATEMENT
COMPARATIVE INCOME
(Incl.
Parent
and Rochester & Lake Ontario Water Service Corp.)
79,833
$589,554
$598,758
88,162
246,980
253,190
~
12,538
16.725
34,823
49,46q
12,083
33,929
2,900
12,083
33,025
2,700
36,250
99,945
10,300
36,250
99,860
10,300
$54,848
9,399
$52,104
$161,257.
$149,696
6,679
29,685
23,897
$64,247
$190,942
166,067
$173,593
53,110
$58,783
63,392
$11,137
•$4,608
$24,875
*$16,586
—
Wright,
Depreciation
He was
General taxes——
Federal Income
$204,799
$196,131
—
169,
1949—3 Mos.—1948
1949—Month—1948
Period End. Mar. 31—
Operating revenues
Oper. rev. deducts.:
Operation
Board.—V.
Production
War
$166,262
for the 12 months ended Dec. 31, 1948, after provision for
minority interest in the earnings of Western New York Witer Co., .was
$211,477. This was equal to $4.54 per share on the outstanding common
$0.76
& Sterling &
board of directors.
the
'
——;
income
$141,893
Shearman
of
Other
Stock
awarded
(as sole
& Co.
14
June
on
Stock
bid
a
of
100.899.
Subscriptions—The
share
Rights
expired
Four
taxes—_
income
deductions
Income
Net
—
income
Gross
income
—
"Deficit.—V.
other
169,
<
"190,179
.1782,
p.
(J. J.) Newberry Co.—May Sales—
1949—Month—1948
1949—5 Mos.—1948
$10,470,621
$9,953,577 $47,135,627 $44,040,009
Period End. May 31—
Sales
-
—V. 169,
p. "2106,
June
'
'
...
Newport Steel Corp. (& Subs.)— Earnings—
stock¬
common
;
*
1949.
<
1948
J—$40,206,000 $33,008,000
. $1,845,800 :' ; $618,000
1,197,000 .,,1,221,881
common share:*___——
' $1.54
~i $6.51
Six Months Ended
Sales
April 30—
-i
Net
.
.
—:
profit after tax provision.—j.——
Number of a common shares-outstandings—i—
9. The 4,718
underwritten
headed by The First Boston Corp. The group
Earnings per
nrofit' for':the
entire
fiscal year'ended Oct.
rt0 $1,710,083.—V. 169, p.1908.
1
shares in the over-ther(counter market
Niagara Share
(
31, 1948 amounted
,
,
CorpU—Stock ReclassHied^r
Curb Exchange has been informed Jhatr ;by amend¬
incorporation the $5 pa'r 'class JB dommon
corporation .has been .reclassified and cl^anged into $5
par common stock on a share for share basis', ",,
' *
.,,
'
•
Beginning June 13, 1949, the New York Curb Exchange recorded
transactions in the newly reclassified issue.—V. 169, p.2212.
New York
Its
$4,035,960, exclusive of expenses in connection therewith which are
this
paid
from
with
treasury
proceeds
expenses
funds
$65,000)
of
and
amounting
stock
offered
to
the
exclusive, of 'accrued dividends,
to
from
common
$3,179,986
the
sale
of
(before
73,333
deducting
The
stockholders
shares
May 25,
on
were
incurred to
short-ternf
Auburn,
*
; f ofepki^
meet construction require¬
for new construction.
mentioned' Are' i?M*d 'by ')/(uf>urn,• Ttufet":Co.,
botes
Marine
(Midland
■
CM, jthapk,
Tfu§t
Binghamton,-
.
.
"
Noma Electric Corp.—New
Henri
Sadacca,
President,
Distributors Appointed-
announces
the appointment of
Mayflower
which Morris S. Segal i? President, as sole distributors
Estate Ranges and; Heatrolas in 'the New York Metropolitan-rare*,
Industries,
of
'including Long Island .and .Northern New Jersey. Mayflower Industries
is one
of the largest appliance distributors in the East* jgith; ex¬
cellent warehousing facilities in) the territory - they. wiU .rmer, ) - :
u
In announcing the appointment, Mr. Sadacca said: "This reveislon
of distribution policy as against our former dir^t f«ctorv, tPi dealer
policy was effected "to make it more convenient for the dcaleyjto. £ake
.
Y.;
N.
iff: phemung pan^i; Trusf;Ci,
Edmira^rfvi—V and Cha-e National Bank of New York.
certificate'of
of
1949,
applied to the discharge of the presently" outstanding $4,000,000
ments, and the balance will be used
:
—
deductions
of
will be
on
Western
•
"
$3,764,257
1,551,701
—
1235,975
income
______
$0.91
of
member
a
of short-term notes which
President,' announced ,the appointment
of
a
Finance Committee'of
five11 trusted' ^Onslstirig "Of Albert L.
Sylvester tChalrrrjjp).,F"; D. Campbell, William BJCdrolan, H. Coleman
Moore, Jr. and Homer A. Severne.
y ' ' <i
——
__r_id—
income
to
common
.
'^ie,jtwi^tee3>^f:. tl^si Assopiation, held
P. "D.lJCampbefl,
and
Corp.
'
—
—
income
stock
estimated
y^ar ago.
Service
Co.)
—
ment
together
cu.
Water
1__
preferred ,stock
to. be
ft.
below production of
at
York
:
■___
Balance
The
reports electric output
1,298,183 kwh:. or 8.69.%
Water
Ontario
Appropriation to special reserve
(see details in V. 169, p. 2316).
Association
decrease
decrease
cu.
Net
$141,893
.
output tor the
147,962,000
'
This
Lake
&
revenues
Operating income
Other
1948
$162,759
5,375
___
shares—
partner
a
elected
will: offer these
of
^
(& Subs.) —Earnings—
'This was equal to $5.95 per share on the 46,532 shares Of common
stock of New York Water Service Corp. outstanding.
Consolidated net
PROCEEDS—The proceeds from the sale of. the new
week ended June
kwh;
Federal
'
.
.
Rochester
General taxes
2531.
shares not taken up by shareholders were
V
year ago.
*
p.
$168,134
Eaton,
was
'1,191,832
,
__—
Genera!
$44.50
2651767
\ JjT^w jEngfand .Gas & Electric Associations-Output—
.
169,
1949
share on 185,632
Common
"Including 52 cents and 61 cents^ respectively, from the consblidated
return credit.—V. 169, p. 1,672.
.
t\
,
'6,276,676
Operation
holders subscribed for 68,615, or 93% of the 73^333 shares
of additional common stock offered for subscription at
163,124
$4.38
233;014
were
'
..'Earnings: per share__—
'2,570,076
dividend.
$1,017,704
265,767
.
32,512,168
33,704^000
Maintenance
'
_
27,427,324
33,704,000
—
,
yy
outstanding
8,659,014
8,426,000
5,855,924
—
Depreciation
received, viz.: W. C. Langley & Co., Lehman Brothers gnd
Glore, Forgan & Co. (jointly), 100.981 for a $4,50 dividend; Harriman
Ripley & Co., Inc., 100.60 for a $4.50 dividend; Salomon Bros. &
Hutzler, 100.037 for a $4.50 dividend; Kidder, Peabody & Co. and
Merrill Lynch, Pierce, Fenner & Beane (jointly), 100135 for a $4.60
$854,669
r
138,240
,
8,426,000
income
2531.
bids
486,754
$1,163,355
Shares of comnion stock
For .the
under¬
underwriter) on
June 16 offered to the public 40,000 shares ($100 par) of
4%% cumulative preferred stock (series 1949) at $101.75
a share, to yield about 4.42%.
120,314
■
38,488,921
5,946,753
Operating Income
$1,461,738
$1,025,115
surplus
of >13,633,160
and
y.
,
York and Honduras Rosario Mining Co.—Earns.
June
011
(on basis of
——_
38,035,063
10,607,739
Maintenance
67,345
563,436
—
(u,
price
New York Life Insurance Co.—New Director—
$1,394,393
74,719
10,541,966
1,882,952
2,902,933
__.
New
—V. 168, p. 2688.
7,281,249
;
Income taxes
8,758,857
income
The offering will finance for
Consolidated total
$8,675,642
$1,663,270
^
„
37,133,015
1,325,906
(Incl.
purchase price of new equipment
$14,534,000.—V.
New York and El Salvador
retire-
separate return)—-—
Balance -t6
of the
Quarter Ended March 31—
1948
82,645
37,147,182
887,881
CONSOLIDATED INCOME STATEMENT YEAR ENDED MAR. 31,• 1949
out
$9,368,023
_.
for
1949—12 Mos.—1948
s
$
s
97,159,047 410,386,461 365,111,689
72,498,509 320,136,682 274,362,454
14,433,833
53,102,597
53,616,220
105,269,689
Equipments—
on
$11,400,000 equipment
serially In 15 equal annual instalments.
Co.—Earnings—
1949
Co.—Earnings-
1949—3 Mos.—1948
New York Water Service Corp.
applied
New York State Electric & Gas Corp.—Preferred
.^Credit' result, from filing of consoi.
1
$4,572,838
Balance
invitations for bids to be considered July 6
trust certiiicates.
Certificates will mature
on
• * *
'Net income. 1_1'
income
$4,946,666
utilized
company has issued
Frederick
$1,580,625
Net
for
betterments
sale
held.
(net)_
from
$1,285,253
1,901,083
10,226,705
315,261
Income
having
policies
7,787,397
for Federal
Institution
a
incidental
disbursements
Total operating revenues—.
Total operating expenses, provision
of
be
will
A
Co.
and
New Bedford Gas & Edison Light
Other deductions
Cr239,000
8,561.591
197,266
Operating
and
first mortgage
assignment to the
(a)
12 Months Ended March 31—
Provision
Provident
Light Co.—Registers With SEC—
New York Central RR.—Bids
'
income
Cr361,000
'Loss.—V. 169, p. 2531.
Offered—Kuhn, Loeb
Other
Cr82,000
$6,2341,921
,
operating income
income (net)
Gross
proceeds
and
the
of
subsequent to April 30, 1949. Proceeds of the
to provide reimbursement for $1,500,000 of
working capital used for construction and the balance applied to new
construction.
Construction expenditures are estimated at $8,275,000 for
1949, $3,740,000 in 1950, and $3,278,000 in 1951—V. 169, p. '2212.
of the first mortgage loan to be used, (a) TO
pay off the present Equitable Life mortgage now amounting to $57,500;
and to pay those bondholders who elect to take cash, or part cash,
for their second mortgage bonds; to set up a reserve for missing
bonds;
Treasurer
($100 par).
stock
sufficient
amount
an
of the four Equitable Life Insurance
cash surrender value of $26,825.
of
$6,195,751
1,610,085
1
Dividends
any
Hanson
later
Retirement
(4)
Dupee,
702.
Net
the deaths in recent months of Robert
Board of the Merchants National Bank,
p.
tions
to vote on a proposed plan
discharge of the
trust mortgage by giving to the bondholders the option of: (a) Pref¬
erence shares in
an
amount equal to the face value of bonds held
br,
169,
by
the
New York and Honduras Rosario
by
loan
the
$1,621,663
418,410
$1,491,047
____
Interest deductions
to the payment of the
cost of, or in reimbursement of payments made for, construction addi¬
shares.
A
Arthur
Proceeds
bondholder, bondholders, or other person,
persens or corporations arising out of the ownership and financing of
the New Annandale Building, to be paid for by the allotment to the
said
Mathew
and
Tekla
Hanson,
or
their nominees, of the 1,200
for
caused
were
Chairman of
The interest and dividend rates, public offering
writing terms will be determined by the bidding.,
refinancing contemplates: (1) The purchase by the
new company of the equity of Mathew and Tekla Hanson in the New
Annandale property together with any and all rights, interest, chooses
In action, Claims and demands they may have against the trustees
under the trust deed, the Receiver and Manager. The Equitable Life
common
which
Wm.
stock
of
Insurance Co. of
$1,880,243
474,196
—
Federal
of
The company has filed a registration statement with the SEC pro¬
posing the sale at competitive bidding of $3,500,000 of first mortgage
tbonds, series due 1979, and 20,000 'shares of cumulative preferred
company,
plan
in
82,550,482
14,157,616
Total
Hagemann, Jr., President of the Rockland-Atlas Na¬
Boston, and George Olmsted, Jr., President of S. D.
Co., have been elected directors to fill two vacancies on the
Bank
Brewer,
and
*
of
Hanson
the Supreme
Net
;
Frederick
Warren
the
The
$6,229,352
5,56„9
____„
New England Mutual Life Insurance Co.—New Dirs.—
H.
tional
Hanson Apartments Ltd., has been incorporated
provisions of the Ontario Companies Act.
The authorized
capital consists o£: 1,500 4%
non-cumulative preference shares, par
$50 each, and 1,200 common shares without par value.
new
$6,192,825
2,926
Cr85,000
income
deductions
Operating revenues
Operating expenses
Operating taxes
Other
reorganization.
A
under
304
$0.93
Kingston, Ont., Canada—
Plans Reorganization—
A
$1,621,359
702
New York Telephone
$1.12
New Jersey Power &
A.
Hanson
$1,879,541
$
$1,03
Savings.—V.
agement
to Order of
1,934,000
3,953,463
...
...
$0>22
$0.94
(191,780 shares)—,—
New Annandale Apartments,
(before
$1.25
(The Herman) Nelson Corp.—Two New Directors—
ciated
available .for common shares
Balance per com. share after s. f. requirements_
$179,685
$1.31
^
—_
Net profit per share
—V. 169, p. 1671.
2,090,000
4,290,278
"
company
$1,402,484
board
Net
654,000
1,060,321
'
'Resulting from Joining in consolidated returns with former parent
and others.—V. 169, p. 2531.'
m
37,355
$1,560,634
9,273
(net)—.;
for Federal
758,0d0
3,151,937
101,945
$1,879,547
30,399
'349,312
________
sinking fund requirements)
Earnings per com. sh. before s. f. fund require.
Sinking fund requirement per common share—
$315,232
._—
.__
deductions
3,660,616
income taxes
sep¬
——
result,
Preferred
467,392
■
Operating
Income
3,900,307
income
$3,079,433
248,072
income
—V. 169, p. 2531.
!____
profit
—
940,676
Operating income
Other
$782,624
579,420
__
1948
$2,247,429
1,218,957
sales
Cost of sales
Expenses
1,037,663
———
Net income
Net income
Balance
Rubber Co.)
Three Months Ended March 31—
Net
9,426,377
Period End. Mar. 31—
(Including National Seal Co.
:
10,204,092
3,426,554
1948
Subs.)—Earnings—
*
3,082,546
734,082
Other taxes
$1.08
.
plant
income taxes
(on
separate.irbturn basis),
before reductions
$0.20
,
Expenses and taxes other than Fed. inc. taxes.
Balance
(& Wholly-Owned
Bearing Co., Inc.
2,447,105
920,206
resale
Fed.
$1,602,547
requirem'ts
share__
f.
s.
EARNINGS
Credit
Motor
pur¬
1,119,405
for
utility
common
per
Balance per com. share after s. f.
SUMMARY
sinking
.
sh.
common
Sinking fund requirement
.
National
chased
1949—12 Mos.—1948
1949—3 Mos.—1948
Prov. lor depreciation of
P. 1116.
i
dividend
a
Electricity and gas
$1,951,860
349,312
requirements
Total other deductions
declared
have
,
initial regular quarterly dividend of
$12,208,340 $11,792,959 $45,458,451 $41,901,006
4,046,420
3,699,975
15,354,395
13,545,261
—
Operating expenses
eight cents per share on
the capital stock, payable July 20 to holders of record June 30, 1949.
This is the same rate as paid on April 20.
Payments last year were
as follows:
July 21, 17 cents; and Dec. 24, 24 cents, plus a special
of 46 cents payable in cash or in stock at holder's option.—V. 169,
-
Operating revenues
*
Total income
National Investors Corp.—Declares 8-Cent Dividend—
an
COMPARATIVE INCOME ACCOUNT
Period End. Mar. 31—
1949'
directors
declared
per
Maintenance
The company announced on June 13 that it had decided against
declaring a dividend on the common stock at this time. On March 31,
last, a distribution of 25 cents per share was made.
Following the
The
Initial Dividend Declared—
$1,469,843
434,625
return__
Balance
40,000 shs.
does
share on the new 4 Vz % series 1949 cumulative preferred
stock, payable July l to holders of record June 21.*
(
income
Preferred
1,100,000 shs.
supplemented
as
The directors have
resulting from filing of consolidated in¬
tax
34,125 shs.
953,333 shs.
(separate
$1.14 V2
Credit
150,000 shs.
35,000 shs.
40,000 shs.
stock.
(series 1949)
not limit the amount of bonds
which may be outstanding at any one time, but provides for the Issu¬
ance of bonds in compliance with restrictions contained therein.
Smith, President,
paid in
cumulative preferred
cumul. pfd. stock
Common stock ($25 par)—
329,416
703,780
1,612,283
4,994,000
225,000 shs.
150,000 shs,
(par $100)
preferred stock—_
cumulative
4 Va %
$3,821,046
264,536
income—subsidiaries
Federal, income
return
company
National Enameling & Stamping Co.—Omits Dividend
.
126,632
——___
England Gas and Electric Association
come
32c weie the largest ever
f
$3,679,562
141,483
$4,347,436
Other deductions from
operated.
in his report to stockholders for year ended
Oct. 31, 1948 pointed out that the compan/ paid dividends each year
since May 1, 1937.
Last year's regular and extra dividends totalling
E.
5,500,000
$5,000,000
;
4.50%
income
income
Net income before other deductions
approved this company's application
td list 380,000 chares of $1 par value common stock, it was announced
cn June 7.
Subject to effective registration with the Securities and
Exchange Commission, trading is expected to begin in about 30 days.
The company was organized in 1933 and since that time has con¬
tinuously manufactured and sold special design resistance welding
machines.
The entire-manufacturing activitiy is located in Bay City,
Mich., where three plants aggregating 75,000 square feet cf floor space
are
Operating
Other
13,000,000
1978
Water, Light & RR. 1st 5s, 1953
•Indenture
The Detroit Stock Exchange has
Outstanding
($35,393,000
*
_>
.
3.75%
It is expected
pipe line.
due
series
(noncallable)
adjacent to the site of the National Distillers Chemical Corp.
plant in Ashtabula. The chlorine will be delivered to Hooker-Detrex in
form
FINANCING
NEW
1971
solvent,
the
TO
Authorized
$23,883,666 $26,479,415
—_
13
...
-
14
lull
of
advantage
and
the
Grid-All
He
unprecedented
the
in
same
of the
acceptance
that
stated
the
of
sales
C.
of
advertising
Ranges
Estate
P.
campaign
P.
C.
on
Electricity
sponsored
ranges
In
keeping
the
entire
30,
market
tection
Line
1949.
the
for
is
Segal,
Mr.
the
with
of
intent
J,
company
Other
'1,530.424
45,950
218.472
—
for depreciation of utility plant——
income
taxes—
taxes
Maintenance
288,000
264,000
Purchased
246,000
Natural
203,865
_
184,077
Operating
See Olin Indus¬
—
Other
$707,655
——
——
—
$634,504
1,375
income
income
income
Gross
gosin, President,
On
to
Dec.
21,
1948,
1,958
—
the Attorney General of the United States sold
his stockholdings in this corporation and shortly
suspended
control'
the
"direction,
management,
March
1949,
the
Attorney General,
Net
ratio
on
current
of
book
net
book
net
shown
value
of
value
the
on
assets
26,
amounted
of
Co.
(&
(Wis.)
operating
liabilities
current
to
fixed
constituted
assets
books
corporation's
'
.
Gross
Bond
Federal
State
under
Net
Gross
fo»
improvement
miscellaneous
stock
worth
the
of
.
To
.
economies
the
at
program
replacements.
necessary
/
Net
,
flexibility
operation,
in
of
the
corporation
with
compared
had
corporation
the
on
books
$17,415,771
book
a
value
March
on
of
end
the
at
283,530
1,200,861
Consolidation
on
taxes...
222,500
220,300
703,600
771,650
41,600
38,500
84,300
104,450
<
$541,886
(net)
$454,053
$1,678,837
50,465
168,451
ACCOUNT
$38.72
of
share
per
$551,075
$504,518
$1,347,289
July,
133,101
135,261
594,375
832,136
$369,257
$1,252,913
$1,581,558
before
inc.
FOR
on
on
—V,
'
YEARS
FISCAL
813,351
1,647,466
1,739,940
1,381,890
amount
Dec. 28, '46
Dec. 29, '45
$20,111,015
$19,255,989
5,781,581
6,511,791
4,432,540
*3,879,516
taxes
com,
Net
fixed
4,011,791
2,707,540
1,537,122
1,537,122
1,198,174
the
$7.83
$5.20
9,630,274
12,060,223
—
accelerated
5,103,666
of
liability
war
and
of
plant
war
before
credit
ACCOUNT
for
FOR
refund
FIRST
of
12
prior
1,275,000
and
State
income
has
completed
company's
at
SHEET,
$6,159,248;
at
cost
(less
Corp.
government
provides
accrued
(except
income
The
8.
455,000
468,000
$97,058
26,
contracts,
this date
has
no
bank
loans
according
outstanding.—V.
to
for
doubtful
169,
taxes),
securities
and
(face
$2,729,434;
trade
accounts),
and
taxes
ether
County,
375,000,000
Northwest
by
Ore.
for
the
kilowatt-hours.
Power
sale
sale
either
/
bonds
mortgage
publicly
,
finance
to
proposes
first
of
North western
vately—The
the
to
privately
or
Federal
expenses
gage
and
State
share
per
June
28,
An
bonds,
Proceeds
169,
distribution
was
and
ICC
—V.
June
as
Paul,
dividends
169,
interim
payable July
75
a
dividend
of
to
was
made
45
holders
8
cents
share
per
payment of $1
10
electricity
of
share
per
in
guarantor,
the
trustee,
as
respect
In
connection
2531,
pps.
with
2423,
be
tu
sold
and
company
at
the
of
not
issued
99.1299%
procurement
to
on
EEC
Electric
totaled
output
of
61,355,000
this
kwh.,
week
last
15.—
recently
to
as
an
for
the
week
with
increase
ended
59,394,000
of
3.3%.
Operating
Operation
revenues
Maintenance
.
_
—
Depreciation
Taxes
•
of
the>
of
junior
Service
...
income
Income
South
will
June
10,
kwh.
Gross
income
be
and
indicate
169,
Oil
from
oil
operating
1,
1949
Income
Net
to
used
help
finance
Nebraska.—V.
1949—12 Mos. —1948
$18,021,124 $71,188,692
9,092,792
8,226,287
31,759,414
1,157,659
915,713
4,429,039
7,793,603
6,413,425
rental
a
value
of
the
679,150
594,550
168,
Federal
Other
Net
'
"
building
1949
of
Common
.1948.
-V.
$124,886
$139,739
-
Months
of
expenses
3,586,395
Other
income
income
988.360
$0.08 v
:
earnings
Balance
$0.05
7,248,791
$8,900,026 $17,927,718
Total
March
$1,359,893
990,000
dividend
Cash
$14,499,850
dividend
990,000
for
Balance
Earnings
31—
,
I
.
392,119
238,718
$7,248,791
55,671
••
69,383
508,500
(estimated)
483.700
——:—_—_■
•
held by public
co.
held
■
$828,937
31,000
.
$908,110
...
earnings per share
by public
by public
held
31,000
.
„
$939,110
stock
$797,937
of:
$1.95
$1.71
$1.02
....
$0.87
&
Telegraph
Co.
(&
Sub.)—Earns.
ENDED MAR.
31, 1949
283,672,928
taxes—
3,953,000
27,333,436
income.
34,752,302
_i-
1,901,083
36,653,385
....
11,856,233
24,797,152
(& Subs.)—Net Earnings Lower—
Feb. 28, '49
Feb. 29, '48
$2,100,083
income taxes————
share
per
$3,637,683
—I—
$2.50
President,
not
are
May
on
included
transferring
on
13
in
$9.77
noted
that earnings of the
consolidated reDort because
the
funds
$4.00
$5.64
share....
per
Parker,
subsidiary
from
Great
Britain
to
the
Stales.
the
English
subsidiary
earnings
included," he said, "net
earnings would be increased by $563,704."—V. 169, p. 2107.
were
Pennsylvania Electric Co.—Earnings—
Amortiz.
1948
Other
$4,195,061
3,999,485
operation——!—
$195,576
3,599,154
332
of
4,221,694
4.540,038
$4,416,938
123,983
123,983
on
1.
.
common
amortization
stocks—_—
of
acquis,
1,622,695
2,985,720
3,016,459
3,331,770
adjustments^—
862,956
862,956
3,483,000
2,908,000
2,119,199
1,840,829
$7,769,210
10,872
taxes
$7,228,924
66,538
$7,780,082
$7,235,462
—
(including
State
income)
income
—
income
Gross
income
3.653
169, p.
$5,351,630
Bridge
Privately—The
Corp.—Issue. Placed
announced June 15, has sold privately
$550,000 first collateral lien 4V2% sinking fund bonds,
due May 1, 1964,
The financing was arranged through
*$0.20
was
Brooke & Co.
1010.
for
the
refunding
Such
1,943,832
$6,237,872
—
corporation, it
$2,232,709
$0.11
1,542.210
u_,—.___
169, p. 1338.
'Peoples
15,000
$4,289,302
—
deductions
Net income
161,935
intangibles-
March 31—
share of common stock
1983.
pit.
plant
$4,533,627
preferred stock
Jan.
The. company is inviting;
proposals
issue of $80,000,000 .first and
1,
utility
utility
of
*$6,411
an
June
1,329,624
3,213,631
:—
—
depreciation
income
taxes
1948
15,356,895
17,362,937
——.
-
Operating
*9,585
$195,244
surplus,
per
expenses
for
1947)
1949
$39,472,327 $35,822,478
*$15,996
1
The
due
sold Dec. 30,
of gas property
$3,583,153
/ Pacific Gas & Electric Co.—Public Invitation for Pro¬
posals for Purchase of $80,000,000 Bonds— via
'
$9,087,829
taxes
:.:5'
Electricity purchased lor resale..
-
5,630,222
295,971
$1,382,025
deductions
Federal
1949
j®_
on
'Deficit.—V.
6.564,280
22,126
$1,503,232
;
27,758
354,711,716
Maintenance
taxes
surplus
Cash
392,305
$1,475,523
expenses
restrictions
—V.
5,028,159
597,333
$7,248,791
2,483,216
revenues
Operating
(& Subs.)—Earnings—
and
from
surplus,
Provision
$9,087,829
1948
$3,843,115
income..—
income
Telephone
earnings
-Other
|
169, p. 2531.
1949
3,176,766
Operating revenue
i
+.
___J
Dr3,821
a
$4,652,290
....
(Excludes operations
$51,315
(net).,
Net
15,000
request
2689.
profit after
9,056
988 360
—1
—
$9,471,691
1
3,078,928
$10,678,927
1,407,556
to
(& Subs.)—Earnings—
income
stock
consolidated
80,680
$81,512
revenues.
Operating
Net
1,663,465
27
.
169, p. 2213.
"If
1,311
;
Ended
13,058,086
stock, $4.80
period
Omnibus Corp.
Three
13,757,852
834,882
net
income
Provision
$3.60
stock
June
—
income
English
$141,050
16,107
....
.
3,494,041
Earned surplus at end
of
•
23,092
taxes
2689.
p.
Operating
$2,659,159
from
Kenneth
49,204
279,022
*247,500
outstanding
1231.
p.
31—
pfd. stock of sub
p.
Dividends
$188,943
$125,712
shares——
$12,779,064
247,500
until
persons
169,
the
of
1949.
15,
—
Parker Pen Co.
;
66,631
•
income
share...-
177,397
240,000
March
maturity
Nov.
to
_:
operating
Income
Amortiz. of pfd. stk. exp.
Other charges
1
—V.
168,
common
$13,580,455
786,180
series
addition,
Net income
close
$191,517
—
72,110
$3,355,661
series
Cum. pfd.
In
extended
interested
expenses
income
Interest
003,750
Dividends:
Cum. pfd. stock,
make
to
early July of 1949,
the construction
by
taxes
Other
1 Net
_.
Federal
$3,421,931
6,240,867
-
unwilling
second
a
consolidated
Operating
Operating
«
Drll2
7,898,133
1949.
be
proposal.—V.
preferred
Pacific
J
•,
826
$4,142,614
$11,253,794
as
Fiscal Years Ended—
profit——
4,141,841
surplus
could
company's
2316.
p.
the.
interests
profit
of
887,575
179,950
period
Total
equity
_
forward
carry
12 Months Ended March 31—
per
—V.
120,793
1,705,850
for
Earned
,972,431
6,533,605
Earned surplus at begin,
of
delayed
was.
its
,
be
may
equity
to
Accordingly,
in
.
CONSOLIDATED INCOME STATEMENT 12 MOS.
The company sells
169,
—
Number
339,735
231.500
„
Pacific's
which
to
mature
to
Co.—Earnings—
deductions
*Net
$63 697,929
1,998,275
deductions
15,
Federal
on
Common
2423,
p.
Balance
Provision
taxes.—
income
in
American
$2,-
Light
1
the
1,605,000
income
that
.
&
1943, of the
Mellon National
15,
program
investment
.
con¬
of
Bonds Pri¬
and
expense...——
operating
Sundry income
Total
$20,492,952
(net)
financing
its
Power
Nov.
to
authorization
finance
investment
an
•
for
Estimated
1949,
for
1,966,392
Net operating income.
Other
the
income
First
3J/4% first mort¬
according to the application.
Dakota
negotiated
Net
•
2,151,507
taxes
\
of bonds.
issupd
notes
bond
for
to
American
parent,
income
Estimated
securities,
Co.—Sale of
June
3 Months Ended March 31—
equipment,
inc.)
than
outstanding
2532.
p.
SEC
for
extension
additional
with
given
revenues
Dividends
has received Federal Power Com¬
to issue $700,000
dated
issue
program,
in
Oceanic
accrued
1,718,605
(other
Federal income
State
1949—3 Mos.—1948
Nov.
deductions
Net
'
CONSOLIDATED INCOME ACCOUNT
Period End. Mar. 31—
its
an
.
Net
(Minn.)—Weekly Output—
compared
provide
promissory
required.
.
project primarily by the
institutional buyer, and
an
$6,450,000
and
certain
be
to
$750,000;—V.
Total
company
year,
the
to
transactions
income
United
corresponding
would
appears
■•••
This coirpany has been
appointed exclusive managing and rental
agents of the 22-story Pennsylvania Building at 225-241 West 34th St.,
and at 234-238 West 35th St., New York, N. Y. The builrMna
a
plot of 23,000 square feet and contains a rentable area of approxi¬
mately 350,000 square feet with a cube of 5,100,00u cubic leet. ojeaoiis
2212.
Northern States Power Co.
period
169,
income from operations...
Total
by the First Trust Co.
of
of
funds
has
on
Provision
obligation
exceeding
par
application
Pacific's
investment
be
operating
Total
(Charles F.) Noyes Co., Inc.—Appointed Rental Agents
July 9,
Dec,
on
assume
of
now
will
Total
cents
record
Ry.—Equipment Trust Certificates—
authorized
equipment-trust certificates,
St,
of
of
followed by
Pacific
on
liability
serial
stock,
an
2316.
p.
Northern
The
common
declared
1949.
Interim
1948, which
V.
the
on
14
it
before
or
Other
June 1, 1978. Company plans to sell the bonds to North¬
western Mutual Life Insurance Co. through A. C. Allyn
and Co., of Chicago, at IOOV2 plus interest.
North Central Texas Oil Co., Inc.—45-Cent Dividend—
June
Public
company
accounts
construction
on
full
alternative, Pa¬
wiH borrow an additional $3,000,000 from Mellon, to be evidenced
promissory note bearing interest at 2%%
and payable
Total
The
mission authorization
(outstanding 512,374 shares
directors
outstanding
stock issued in
preferred
the
$2.40
•'
all
on
Paciiic's
—V.
capital
The
for
American.
company
private
$1,592,677;
payable,
$650,838;
other
payable, $441,168; payrolls and
$620,460; provision
for
taxes, $2,802,536; common
months
12
$208,333.—V.
Pacific Public Service Co.
development
has
been
designated
as
Project.
said it expects either to sell the entire power output
of the "plant to operating utilities in
the area, or to lease the plant
to an operating utility.
Estimated power available 90% of the time is
39,000 kilowatts, with an annual energy output of between 325,000,000
$1.45
accounts
dividends
stock
by
alternative
promised
as
additional
hearing
Power
The
1949
interest,
by
additional
The
company,
Jefferson
$741,341
'Government
accrued
$3,500,000
time
$3,500,000 note would
is. ex¬
through
of Portland, Ore., has asked (he FPC. to issue a
authorizing the construction of a proposed $12,775,000 hydro¬
electric project cn the Deschutes River near the towns of Madras in
stock, without par
of class A, B, C and Di,
$2,621,870;
surplus,
$4,509,023;
earned
surplus
(since
April ,-1,
1933),
$12,710,579; total, $24,516,875.—V. 169, p. 10.
value
made
on
period
two-year
a
It
of, credit.
line
over
two
Trust "Co.
&
such
cific
license
1,209,341
$1.41
MARCH
U.
and
for
redeemable
5%
this
equity by
July 5, and
of
by
contracts.
$5,000,000
a
liquidated
Northwest Power Supply Co.—Seeks FPC License
$15,521,665), $10,280,941; total, $24,516,875.
LIABILITIES—Trade
$160,401;
about
Operating
accounts
receivable, $87,913; inventories (at the lower of cost
market), $3,287,157; prepaid expenses, including insurance deposits,
$233,244;
investment
and
advances,
$146,261;
land,
buildings,
ma¬
chinery and equipment (after allowances for depreciation and amor¬
payable,
6,717.399
$2.16
Proposed Project to Cost $12,775,000—
1,175,522
share——
common
the
on
Pacific's
or
on
when
or
6f
in
be
$1,739,940
$864,541
long-term credit arrangements
for financing of future work
new
Finance
present
.
company
dividends
alternatives
Quarter Ended
other
tization
2.669,482
7,540,296
:
pending its proposed future sale
maturity
116;373
■
380.
p.
Mar. 20,'48
$720,522
BALANCE
receivable
$1,739,940
of
Norlhrop's present Air
Force
Echols, Chairman of the Board.
P.
The
$5,625,756
taxes—
such
However,
arrangement
proceeds
WEEKS
taxes.————_
Earnings per class A & B
accounts
13,434,799
1,230,664
shards..:
made
of
500,000
1.080,000
1231.
that the loan will be
Felton
$2,716,000)
$864,541
Reconstruction
the
Oliver
taxes.
$5,983,224
—
——
ASSET3—Cosh,
of
Net
income
Net profit—
amount
8,430,857
16,104,281
15,080,592
dividends
has
one
program
"
until
——_
p,
the
The
tAfter
year's
Mar. 26,'49
Federal
for
facilities,
except
Co.,
27.135
27.135
270,000
plant facilities and resulting reduction
_
Provision
'
6,783
360,000
corporation
pected
14,942,336
Weeks Ended—
income
169,
with
5,346,271
14.941,102
amortization
amortization
tax
*9,135,754
16,311,256
stock
Light Co.—Has Alternative Plans to
Construction Pending Permanent Financing-^—
into
program
9,328,493
5,209.287
17,415,771
Net sales
Net
9,691,175
9,728,696
19,505,230
1945
10,202,133
24,535,138
;
share—_
total
company
One
Northrop Aircraft, Inc.—RFC Loan—
$2.24
INCOME
12
6,783
slock:
826,177
period
The
1,243,507
$7.08
assets..———
"Before
of
stock——
pfd,
common
11,237,966
—
worth
accelerated
11,333,203
......
Dividends
increase
enter
$2,963,449
$2,992,853
$2,016,724
charges
under
share-
paid.—
per
Working capital
Net
$1,231,325
52 Weeks Ended
Dec. 27, '47
3,626,581
Earns:
deducts.
stock
represents
stock
1948.
The
to
an
$24,549,435
taxes
Dividends
inc.
common
common
Bank
income
after
profit
stock
common
common
Finance
beg.
at
surplus
Divs,
Other
Jan. 1, *49
Profit
other
Pacific Power &
Mills, Inc.
$27,122,411
sales...
Net
34.737,271
$2,413,694
$417,973
surplus
Divs.
on
^
Beaunit
See
—
53 Wks. End.
•
•
and
.
preferred
236,278
—
1.
on
per
*This
$2,177,416
9,188
income——
income
of
.
.
283,589
36,780,213
25,447,010
Average number of
Earned
Earned surplus at end
INCOME
Net
34,453,682
371.180
;!
•
Balance
1,071,887
deductions
Total
above.
<
37,799,894
,
preferred
on
Dividends
841,560
334,123
period
of
-
1949,
The
26,
1947,
1949, and $33.99 per share at the end of 1947.
Vote
34,111,453
40,458,265
revenues—
incotna
struction
March 26,
22,753,911
36,102,129
income)___:
—
749,607
899,250
inc.)
income
Earned
net
41,502,070
23,404,194
income
would
used
quality,
354.541
217,860
taxes—.
income
Income
of
than
income
opcr.
Other
■
corporation's
plant which now is substantially completed at a total cost within
the original estimate.
The balance. of the capital expenditures was
$19,841,472
9,687,633
50,308,709
_
—
on
Remainder—applicable to
4,430,294
168,103
245,670
income
rehabilitation
expansion
6.272.079
243,858
....
(other
Taxes
the
and
1,400,539
$10,146,868
$11,693,470
Depreciation
with
The
taxes
interest and disct.
Net
worth
period
$2,787,887
1,519,798
Maintenance
net
the
the
of
$3,149,436
Operation
3-to-l.
was
of
52%
end
the
at
,
was
13,586,310
fuels
income
1949—12 Mos.—1943
1949—3 Mos.—1948
9,623,563
36,409,033
other
amortization
Federal
Miscellaneous
Subs.)—Earns.
10,407,197
,
expenses"
Dividends
Period End. Mar. 31-r-
Capital expenditures during 1948 and first 12 weeks of 1949 amounted
to $6,213,000.
Of this amount, $5,041,000 was spent in connection
for
Power
States
Operating revenues
$9,414,270,
to
corporation's fixed assets on March
deducting
$15,521,665
in
reserves
the
'review.
and
Net
-
$
189,932,206
production, transmission, distribution and
general
$515,408
5580,638
—
2435. '
p.
Northern
26,
1949,
was
$10,280,941
after
for
depreciation and amortization.
During 1948 and the first 12 weeks
of 1949, depreciation was provided in the amount of $1,074,367.
The
The
income
168,
and
1948
$
210,675,837
——•
;
oil
DIVIDENDS
1949
.
capital
working
the
and
Net
128,392
,
AND
STOCKS
,
repairs..—..;
and
6,
(
INCOME
CAPITAL
power
gas,
(inch
Other
$636,463
121.054
$709,031
—
deductions-..,
income
—V.
supervision
and
corporation which had previously been exercised by the
thereafter
of
May 19 said in part:
on
Mills, Inc.,
Beaunit
Total
Report—I, Ro-
Rayon Corp.—Annual
—
CONSOLIDATED
revenues
and
Depreciation
tries, Inc. in v. 169, p. 2532.—V. 169, p. 2422.
North American
operating
Taxes
Indiana and California Units Sold
OF
1949
Market St., San Francisco
r
Gross
244,000
—
;
floor, 245
(PST), June 28<
ON
1,216,765
49,805
211,793
—
—'—
Treasurer, 2nd
to 3:30 a.m.
12 Months to March 31—
-- —
——
Provision
Federal
said his company planned to survey
offering some form of territorial pro¬
$3,523,517
709,891
its
of
up
SUMMARY
(net):
power
oHcc
Calif.,
1948
dealer.
active
more
—
Maintenance—
wherever possible
and inclusive of
of protecting the dealer
price gpaianteed up to
'
*
$3,939,518
707,828
—_—.—
interchange
&
Others
policy
a
Estate
September.
the
with
purch.
Associated
the Gas Associations.
by
1949
Monday,.June 20,
thc
Co.—Earnings—
31—
Operating expenses
reflecting the
were
March
Ended
Total operating revenues
features."
also
effectiveness
Months
12
CHRONICLE
FINANCIAL
&
Northern Pennsylvania Power
re¬
with
P.
C.
consumer
Estate Ranges, especially Nos. 4929 and
patented Bar-B-Kew and convertible
4900 line of
cently introduced
4924
COMMERCIAL
THE
(2646)
proposals will
be
purchase
m^rttraee
received
as
a
Mmds.
whol£
of
sone^'S.
by the. company
at
River
company,
at
standing
■
,
faces.
The
trustee
which
Harrisburg,
bonds,
•
due; May
1,
$550,000
1964.—V.
will
modern
•' g
Manufacturers
for
operates
Pa.,
install
bridge
a
use
across
proceeds
steel
deck
to
and
the
retire
repave
Susquehanna
presently out¬
roadway sur-
1.1'
Trust
Co.,
New York.
first- collateral
189, p. 2532.
lien
N.
Y., has been appointed
4V2%
sinking
fund
bonds
:
Peoples Drug Stores, Inc.—May Sales—
gales
..
1949 had in
year before.—V. 169, p. 2423. •
'
The company on May 31,
.
137 a
:
,
operation
-
PublicrService Co.: o£ Colorado (&
Maintenance and
Depreciation
The
Federal and
recently voted to omit dividend. action, on the common
On: March 31, last, a distribution of 37Va cents per*
made, the same rate that was paid in each quarter during
directors
£tock,
par
share
was
1948.—V.
1770. r
p.
'
'
i
r
]
•
"■
;
!
Net
income
'
f
*
Net
1948,
$10,230,137 $10,400,438"
sales
..i.....!..
Profit before, taxes on incomc_\.—
—
•:
Net profit
•—.__i,
Earned per share on 142,600
—V. 160, p, 1996.
413,264
,
"
Proyision for Federal and Stale income taxes___
115,
$1.05
shares..
1
NilS
,
Philadelphia Electric Co.—Weekly Output—
The
j
week
of
electric
ended
—V.
output of this company and its subsidiaries for the
11, 1949 amounted to 137,395,000 kwh., an increase-
June
kwh..
174.000
D.1%
or
169; jp. 2532.
.
.
Transportation
Suburban
Philadelphia
.
corresponding week of last year."
over, the,
,
Gross
revenue
Operating
$2,137,196
87,630
Maintenance
$944,942
582,9031
182,299
163,520-
36,592
36,129:
—
taxes
Depreciation
—l_:_—;——
48,337
-
Other
908
935.
$69,546
$119,022'
—1—
charges.
42*433-
6,569
$2,746,888
—
Fed.
463,587
earnings
'"Other
.———
32,842-
55,072
income
income
Interest
Debt
charges
discount
Income
31,551
.....~
and
28,664
...
6,562
24,000*
24,000
$45,700"
surplus—$32,777
tor
'Includes
$72,513 >
2,812*
$63,339
.; Net income
.J—f——,,
Dividends on preferred stockDividends on common stock-
Balance
1,112
49,366,
1,065
expense-
—-ui.:—.2
taxes
$151,864
28,874
$124,618
—~——
-
Building.—V.
from 'Terminal
income
gross
169,
1011.>
p
Philadelphia & Western RR.—Income Statement—
1949
3 Months Ended March 31—
Gross,
revenue
$233,727
124,041"
122.443
Operating expense
Maintenance
u_—
52,159
56,512
'
Operating
taxes
6*795
7,548
20,442
—
Depreciation
—_u
Net
earnings,
Interest charges
■
20,293*
Income
.. —
—
$30,439
$3,743
5,634
1—I
....
and
Balance
———_
1,
242,600
$2,040,701
•
——
Number of; common shares
$1,538,586
Total
-!
1,080,809
$1.89
per share
876,914'
$1.75
Pfd.
income
169,
Restores Utility
Pittsburgh Plate Glass Co.
Lines—
The
Was
,
•
.
restoration
of
'•
t.
of
prewar
medium-priced
lines
paint
enamel lines.—V,
an
11
169, p. 2532.
-
awarded June 13 at
was
called
has
redemption
fcr
July
on
received
from
Harriman
Ripley
which
estimated
an
term
will
-
be
made
the
at
Trust
Guaranty
New. York,
N.
Co.
of
York,
New
'
Y.
767 After
$10*756,500
deduction
&
Co.,
announced
was
will
be
SVzfft
payable
140
will
be
expended
-Net.
1949
1,
interest
and
on
in
Jan.
income debentures, due Jan.
1,
1,
1950
on
the
1950,
1,
Guaranty
June
on
this
and
1949,
Dec.
31,
1949,
—V.
respectively.—V.
169,
and
Francis, formerly President, has been elected
Raymond E.
Salvati,
formerly a Vice-President, as
~r-V.
169,
D.
2108.
Chairman,
President.
...
Porto Rico Gas & Coke Co.—Earnings—
12 Months Ended March 31—
Operating
Mair.tenance
General
Utility
Other
.
4
.
,
?
income
23,146
taxes..
income....—
'
23,124
14,916"
$145,027
4,755
$80,321
^
income
1—
Income deductions
in
June,
September
«—V.
income
30,019
25,843
■;
$118,618
bidding.
Issue
of
reflects
and
the
1949—3 Mos.—1948
period End. Mar. 31—
Operating revenue
——
Maintenance
—
other
Taxes,
!. come
$9,110,503
4,617,666
Operating expenses
—
than
1949—12 Mos.—1948
18,134,041
584,955
560,999
2,251,078
addition
to
coach
.
2,179,712
1,881,12.4
1,306,654
3,045,132
*
> - - - -
>
2,986,000
for
taxes on
inc..
632,233
Prov;
for
depreciation—
856.669
808,441
3,357,620
$1,827,310
$1,356,845
$5,485,988
233,179
363,368
■I
1,817,729
; Net
revenue...
oner,
adjustments
—
-—
as
Total
;
;
Gross
Net
income
169, p.
-
—
:
,.
charges-—
income
$1,827,310
Dr21,075
(net),
i
interest
Net
-V.
utility income—
income
(
$1,645,024
Drl0,125
'■ ") r ■—
$5,849,357
Dr4,976
: |,r
tlnterest
to
be
and
rate
will
*
n
$1,634,899
$5,844,380
432.021
460,834
<,1,337*339
$4,848,057
1,357,334
$4,017,041
$3,490,732
$1,374,214
2424.
$1,174,074.
1948
Dec.
would
the
on
electric
its
outstanding
series
the
a
B.
E
&
than
.
,
Rochester Gas & Electric
over
53.8
&
p.
Malntenanpe
1949
.**_
Federal. incqme
O'ther taxes"
Other
Gross
income
•Percentage
White,
13.95
Hallgarten
i
5.50
3.50
Hemphill. Noyes & Co.Townsend, Dabney &
5.50
3.50
5.50
Weld & Co.,
Tyson
5.50
&
Co.-.
,
—
and
2.80
2.60
Inc.
-
-
the
on
*
a
Dividend-—
dividend of 30 cents per share
quarterly dividend of $1.25,
regular
sjiould be 60% greater than those of the preceding period, he said;—
2425.
(Mo.) Light & Power Co.—Registers With
St; Joseph
SEC—>
*
-
:"<s"
"
'
.
'
registration statement with the SEC
of $4,750,000 of first mortgage bonds,
reported, the bonds are to be offered"
The company previously made applica¬
tion for'authorization to sell these bonds at competitive bidding and to
sell* an additional 105,213 shares of its common stock (no par) to .its10 filed
offering
series due 1979.
As previously
for sale at competitive bidding.
The
Jqne
proposed
company
covering
its
a
Continental Gas & Electric Corp.,
parent,
for $2,000,000 cash.
by St. Joseph for property
sale, $300,000 will be used
to,pay off a .like amount of bank notes, $50,000 to repay an open
account advance by Continental, and the balance for construction
purposes.—V. 169, p. 2533.
of
the .bond
Of
Proceeds
the
sale
will
be
proceeds' of * the
used
stock
*
Safeway. Stores, Inc.—Increases Common Dividend—
1.95
purchase from, it ot $4,00Q,000
l'
the
V. 169, p.
directors
The
the
on
tion
have
common
of
cents
25
quarterly dividend of 30 cents per
dividend of. $1.25
stock, both payable July 1 to holders
the company made regular quarterly
a
stock and the usual quarterly
each
on.
the common
•
stock.
Board, stated that results to date and prospects of a continua¬
of
the
justified
an
earning trend during the remainder of the year
increase in the common dividend rate at this. time.
present
To Call 5%
>lh
declared
cn, the 5% preferred
June 21.
Previously,
distributions
bonds, series E,due 1979, to be dated J[une J,. 1949; and
'
15 declared
and
stock
record
The
'
165, p. 724,
each
1.95
stock and unsubscribed shares to be purchased.
"•
Co. of Louisville, Ky.—Omits
to
1.95
Bids for Purchase of $4,000,000 First Mortgage Bonds
is inviting bids for the
.
$5,396,981.
on the 5% preferred stock, both payable July 1 to holders
June 20.
Previously, the company paid 50 cents per share,
quarter on the common stock.
Frank C. Russell. President, said that during the
quarter ended
April- 30, While inventories in the hands of distributors were being
reduced, factory shipments were abnormally low, amounting to less'
than halt of the distributors' sales to the public during the period.
Latest checks on distributor Inventories indicate that stocks in the."
field are now, at a minimum, and shipments in the current quarter-
of
1.20
Inc—.—
'
1949—5 Mos.—1948
$5,502,802
share
per
,
June
on
common
Folger, Nolan Inc..
Co.
Inc.*—May Sales—
(F. C.) Russell Co., Cleveland—Reduces
The directors
,
share
&
recently, voted
the four quarters of 1948.—V.
additions.
Lukens—
-
Robinson
5.50
{>
$2,956,913:
480,000
omit the payment of the dividend
ordinarily-due June 1 on the common stock, par $1. Regular payments
of 12 V2 cents per share were made on March 1, last, and In each
per share
of record
1, 1079.
$3,071,809
480,000
—
1949—Month—1948
$1,165,711
81,293,981
——
directors
1.20
company
$1,236,295
Crown Bottling
Royal
The
5.50
The
$4,193,208
1,208,662
Common Dividend—
L
.
$4,179,918
13,290
1,200,000;
169, p. 2147.
Anthony & Co.-
to be due June
3,407,585
$4,280,471
j.
—„;
1.95
first mortgage
663,397.
2,514,779
2,335,894
2,466,448
811,000
3,496,548
--
stock————
preferred
Period End. May 31—
Chace, Whiteside,
Warren & Sears, Inc.
Saben & Co., Inc
E, S. Dudley Co., Inc
.
787,767
2,866,129
12,265,435
169, p, .2147.
Stroud
•Of Nepsco
13,741,041
———
(net)—-
income'-.
.Net
Dividends: on
5.50
& Co.-.
—-
.
—
deductions
5.50
5.50
Wertheim
1—
:
*—
——
income
Income
1948
$28,440,678 $26,567,008,
$4,271,745
8,726
pit. & equipt.——
taxes
—
Securities Corp.——
Tucker,
1———
—
for deprec.- of1 prop),
Prov.
997.
Corp.—Earnings—
(other than shown below)Electricity and gas purchased for resale——„
~
Ballou, Adams & Co.
Curtis
dividend,
r
1
12 Months Ended March 31—
—V.
*•
13.95
,
—
13
by declaring any
Operating expenses
Sales
company also
furnishes
route-miles in and" be¬
Percentage
Central Republic Co,
(Inc.)^
March
on
..
Operating revenues
commercial, industrial,
cities of Manchester.
,
Inc.
a
on>
11,
and 15
This
gas
Co.
of
payable
,
Rose's 5-10-25-Cent Stores,
immediately
bonds.
agreement dated June
Becker
been
The directors "recently voted to omit the dividend ordinarily payable ^
•
*
the
business,
service
1945,
declaration
the
have
paid 30 cents
company
17.
action
ordinarily
cents per share was made on March
10
by conserving its cash rather
time."—y., 167, p. 2793. .
E. H. Rollins & Sons, Inc.
Stone & Webster
Dr29,833
$1,806,235
deferred
3
A. distribution of
oh about June 15, 1949, on: the common stock, no par value.
A'
distribution of 50 cents per share was made oh March 14, last.
Pay-ments irf 1948 were as follows: March 12, 50 cents;
June 11, $1; and
—V.
determined
be
UNDERWRITERS—Company has entered into
$4,877,890
)—t
687,500
on
102,000 shs.
943,238 shs.
2*500,000 shs.
stodk
during the past five years;
$4,589,710
288,179
$3,849,543
Richardson Co.—Omission of Dividend—
,
-
•
the. company aold its gas properties and ceased
utility.
With this exception there has. been no
major change in the general character of the business of the company
'
Other
$3,320,335
160,000 shs.
■
Income
June
on
dividend, which
on.
at. this
-
7,000,000
4,000,000
$750,000
-
tEstimated
transportation
1^
operations
.
$4,537,043:
2108.
p.
while in
served
•' y
Manchester and Goffstown, N. H,
Oct.
I On.,
Jackson
2,079,240
591.668
Prov.
.———
$4,007,835
687,500
stock,—
common
$6,919,309
2,382,266
2,274,432
$334,506
.
—
$6,282,267
The -corporation, stated:' "In view of the. outstanding bank loan of
$400,000 and of the present uncertainties of business, the board felt
that the .best interests-of-the'company and its stockholders would be
"
Nashua,
Berlin,
Dover,
Keene,
Laconia,
Rochester,
Franklin
and
gomersworth and hr 153* towns; ail in New Hampshire and having an
aggregate
population based on the
1940 census of about 360,000.
Company also distributes and sells electricity to approximately 450
customers 'in; six towns in Vermont having a total population of about
1;,850, to approximately 160 customers in three towns in Maine having
a. totaj population of about 2,350
and to approximately 20 customers
Lee Biggin&on Corp
Paine, Webber,
15,343,835
in-
529,397
469,540
taxes
„
$7,863,567 $33,226,171 $28,245,697
4,138,343
$377,035
dividends—
>
$6,922,472
3,163
,
4,455,000
distribution $nd sale to about 117,100 domestic,
agricultural and municipal customers in the
A.
(& Subs.)—Earnings—
184,10.6
Operating income
$20,665,000
,
$6,200,000
common
Kidder,* Peabody & Cq;_
Blyth & Co., Inc—
163, p. 2124.
Potomac Electric Power Co.
$535,561
201,075
$561,141
-
$6,244,761
37,506
$538,549
2,968
4.697
Sept.'i4 and Dec. 14, SO cents each.—V. 157,
application of the proceeds from the sale of the com¬
"the proceeds immediately available (estimated at $2,-
$54,477
^
—
$556,444.
-
—
amortiz.
directors
cents
;
"
due 1977
par)————„
*
Net
(net)
Outstanding
due 1973
par)
series———.
($1Q
,
rants.
-
169,
last,
and
HISTORY' AND
BUSINESS—Company was
incorporated
in
New
Hampshire qn Aug. *16, 1926.
In carrying on its electric business,
which account^ for approximately 91% of total revenues, the company
engages in
the generation of electric energy and its transmission,
.
$1.54'
Reed-Prentice Corp.—-Defers Dividend Action—
preferred
Authorized
($100
cum.
stock
stock
chase
,
Gross
its
on
a common stock pur¬
13, 1949, for the purchase, by the prin¬
cipal underwriters named, below, of the 61,723 shares of common stock
(the "Nepsco Stock") % and of such of the 43,072 shares of the common
stock which are not-purchased upon the exercise of subscription war¬
$75,565
3,610
_
(net)
144.000
337,"923
revenues-
_L
June >15,
EFFECT TO PROPOSED FINANCING'
bank loans—*.
dividend
the
tween
75,621
40,470-
$148,637
operating
income
share
per
:
competitive
422,977
39.966
..L..L...
taxes
Rico
Puerto
.
stock,
In
42,923
——-
—
GIVING
t
motor
39,617
—
Depreciation
39c
mtge. bd., series C 3(4% due 1978)
$652,675.
443,734
Operation
dividends
in the Province of Quebec, Canada.
$784,417
revenues
of
'".Unlimited;..in expressed amount,
1948
1949
.
341,700
$1,291,203
$2,533,157 $28,580,341 $27,903,407
1,194,335
13,167,958
11,763,042
213,578
2.228,655
2,144,073,
145,833
1,787,994
1,638,336
113,000
1,496,404.
1,853,650.
327,862
3,654,569
3,581,834
195,575
158,275
preferenbe
The
(
r
Pond Creek Pocahontas Co.—New President—
p.
stock
Notes evidencing
i
$1,632,903
1949—12 Mos.—1948
1949—Month—1948
1——I
and
common
260,000) from the sale of the series E bonds.
f
Jame;
paid full
in 1926.
First mtge. bds., ser. D 3(4% due 1978
rFirst mtge.. bds., series E due
1979—J
mon
2532.
$1.90
.
year,.. Short-:
u
amount
and after the respective due dates thereof, at
Co. of New York, 140 Broadway, New York 15,
30,
Since
common
1
after
Y., and on registered debentures without coupons to the registered
holders thereof according to the books of the company at the close of
business
$0.21
$2,408,039
Balance available for
"ale of common stock of the company was in
then, the. company has paid.quarterly, dividends*
CAPITALIZATION,
by
20-year
1964.
N.
p.
$0.21
income-
Income
Net
Prior
,
1946.
its
on
2%%?-
on
Trust
$1,590,980
—
open-
Balance
Thet initial public
3.35%
the amount of
$175,299
1,015,822
on
income
Interest
of
-DIVIDENDS-^—Company has
Pfd.
will be mada on coupon bonds upon presentation and
Coupon No. 11, due July 1,. 1.949, and Coupon No, i2,
of
Jan.
the
that
taxes
Other
BONDS—Company proposes to sell $4,000,000 of first
(series E) substantially contemporaneously with the
sale
of
this
common, stock.
.$1,800,000 of
the
proceeds
of
the
series E bonds
will be- deposited1 initially with
the trustee, to be
withdrawn • by Oct; 31, 1949, and'this sum, together with the balance
of
approximately $2,200,000 immediately available, will be applied^
to
further- reduce
short-term
bank
borrowings.
Company's con-1
struction program. will; require, further financing during
1949; and;
1950.
No definite' determination of the time, form hnd amount of
further permanent ^financing can be made, at this time,
It is -the
present -intention* of
the
company -to
raise the • additional' funds
required in 1949- by short-term bank borrowings.
)
payment
surrender
due
July
on
cumulative
Such
15
341,700
$176,027
:
Other taxes
bonds
Common
June
on
28,560
"
Inc.
SALB. CP
mortgage
:
Interest Payments—
-It
28,560
require..
169, p. 2424.,
Fed.
underwriting commissions.
Such proceeds will
be,, used to reduce the company's, short-term bank borrowings.
First
through
trustee,
804,723
$1,932,680
Depreciation
borrowings,, made for interim financing of such program,
aggregated $4,650,000. - The* net proceeds (after ' deductings expenses'
estimated at $42,697)
to be received by the company from the sale
of the 104,804, shares of .common -stock -will be
approximately $2,187,-
-
the operation of the sinking fund, $130,000 of 20-vear 5%%> r>umula-:
tive income debentures due Jan. 1, 1964, at 100 and interest.
Payment
Broadway,
52,301
$203,859
143
$2,173,340
540,437
bank
First mtgfe, bds., ser'. A 3(4%
First mtge. bds., ser. B 2%%*
next,
$2,737,403
66,391
Operating .revenues
PURPOSE—Company is engaged in a major postwar construction
program to be .substantially completed in the fall of 1949 and on;
'
1,
$256,160
$204,587
—
Operation
Maintenance
an
share.
(The) Pittston Co.—Partial Redemption—
company
514,000
$2,173,197:
„
Puget Sound Power & Light Co.—Earnings—
offering price of $22.50 with an:
underwriting "compensation of $1.27% a share.
A competing bid of
$21V4 per; share, less underwriting compensation of $1,745 per share,1,
.
-'The
307
$2,712,036
25,367
,
Paint
)
-
-
number
a
June
on
Dr2,445
Period End. Mar. 31—
December, * 1946, an extra dividend oX 39c per share in December,
1946, and quarterly dividends of 40c per share in March, 1947, and 45c
per share since then, and has declared a quarterly dividend of 45c
per-share* payable June* 15; 1949, to holders of. record on May 31,'
1949.
Subject to conditions which might adversely affect the com¬
pany; it is the present intention of the board of directors to pay, on:
cr about Sept.
15, 1949; a dividend on its common stpek of 45c per
by E. D. Peck, General Paint Manager ot
the company's merchandising divi«ipo.-/
-. i
*
■
These include the Pittsburgh Utility house paint, flat wall paint
announced
$255,853
616,900
'
directly to the public^ were covered by subscription
issued to New England Public Service. Co.'
which has waived its right.
,
704.
p.
1,443,494
$273,423
..
~
income
Warrants
.
$13,386;
surplus..-,..—
tq
-Deficit.—V.
1,780,178
$270,978
stock div.
—V.
fered
May,
Net-
;
8,346*827
131,473
100,700
Earned per share of com.
1
stock
!j
of record June, 14. Subscription warrants expire on June '
29.
The balance of 61,732 shares, which are being of-,
stocks since its organization
501
*$1,097
taxes
8,509,619
78,500
income
Balance
r
Public Sendee Co. of New Hampshire—Common Stock
Offered—Kidder, Peabody & Co. and Blyth & Co., Inc.,
headed an underwriting, group which offered publicly
June 15, 104,804 shares of common stock (par $10). The
Stock is priced at $22.50 per share. Of the total number"
of shares being offered, 43,072 are subject to prior sub-'
scripjtion by stockholders at the same price and at the;
10,573
expense
578,950
income.—
on
1949—12 Mos.—1948
$1,066,976 $13,618,733 $12,477,518
150,067
—,
deductions
Net
-^-V: 169,. p. 2318,
5,979
473
Cr 1,267
discount
taxes
: Gross
-
Debit
1949—Month—1942
Non-oper.- income (net).
-
1948
.
$210,687
.
—L
ACCOUNT
1
was
Gross
INCOME
$1,098,965
596,675
Net operating income^
$1,708,586
170,000
preferred stock.—
on
$2,143,765
435,179.
$2,283,301
——
Provision for dividends
The issue
*
Net
income
f
rate, of one additional share for each eight shares held
1948
608,942
—.—
Operating
'
Co.—Earnings
$946,624
—
———
————
expense
*
.
* 1949
;
3 Months Ended March 31—.
'
Period End; April 30—
Operating revenues
Operating expenses
Taxes, other than Fed..
.
;
betterments.
and
COMPARATIVE
686,860
631,856
1,240,3261
$2,659,258
—
———!
income '
Net
Earnings
$2,668
$246,164
common
3,443-
.
167,100
4
728,924
666,662
1,565,819
.Gross income ——
Total interest ar.d other charges
1949
3 Months Ended March 31—
ized, will;be used to.reduce short-term bank borrowings for property>
additions
' •334,319-
•
Philadelphia. Dairy Products Co., Inc.—Earnings—
r
,
revenue
104,804 Shares of its common stock ($10 pan previously author¬
4,878,615
406,219
taxes L
income taxes
together with the proceeds from the
Proceeds of the bbnd -sale,
sale of
•
$9,909,272
5,792,327
•
than Jncome
operating
Otlrer
•
.
$11,819,209
;
—
repairs
State
1948
*
$25.
157,
1949
H
(2647)
1979.
Subs.)—^Earnings—'
and .amortization
Taxes- (ether
Perfection Stove Co.—Dividend Action Omitted—
i
CHRONICLE
'
•
operating revenues
Operating expenses 1—:
,
5
,
FINANCIAL
Gross
141 stores, against
•
&
,3 Months Ended March 31—
194£—Month—1948
1949—5 Mos.—1948 '
$3,756,802
S3,781,493 $18,846,407 $18,222,083
Period End. May 31—
COMMERCIAL
THE
Number 4813
Volume 169
Preferred Stock—
'
by1 the company at: lt3 office at 1087 Elm St.,
Manchester, 1N. H;. Tip to. noon < EDT) - Juile 20.—V. 169, ;p. 2424.
The.'- company has received- SEC authorization to issue and- Sell at
comnetitive* bidding $4,000,000 of first mortgage bonds, series E, due
Bids* will be
■
received
There
stock
be drawn on
July 21, next, 4,452 shares of.,5%. preferred
1, 1949, at $110 per share, plus accrued;,
will be closed permanently on all
for redemption c-n Oct.
of $1.25 per share.
Books
shares.—V. 169, p. 2425.
dividend
drawn
will
16
tribution
San Jose Water Works—Earnings—
12 Months Ended
Operating
Operation
revenue
——
Maintenance
-
Genearl
taxes
Federal
taxes
Provision
124,615
*
„
—
—
—
income
on
lor
87,355
161,908
198,350
—
*
—
depreciation
.
Operating income
Non-operating income
;
—
115,073
—
reau,
last.
March 21,
on
deductions—;
before
Deductions
Net
income
Dividends
-
Inc.—Registers $50,000,-
—
35,626
lor
available
with the SEC a registration statement cover¬
$50,000,000 of 25-year debentures, due June 1, 1974. The coupon
will be added by amendment.
Harriman Ripley & Co., Inc., is
named to head the underwriting group for the offering.
Proceeds of the new financing are to be applied toward the pre¬
The company has filed
common
payment of $45,000,000 of 2% notes maturing serially through 1952
and $5,000,000 of 90-day 2V4% notes, both outstanding under a bank
credit agreement dated Nov. 20, 1947. The company's 2y2c debentures,
due June 1, 1966, are outstanding in the amount Of $44,465,000, so
35,626
stock———-
$349,672
$303,795
—
.
completion of the financing total funded debt will amount
to $84,465,000, exclusive of subordinated debt to the Canadian parent.
The new debentures will have a sinking fund to retire the entire
issue by maturity.
Retirements are to be effected by June 1 in each
year commencing with $650,000 in 1951 and in
increasing amounts
thereafter to $3,500,000 in the year 1973 and 1974.
All of the issued stock of Joseph E. Seagram & Sons,
Inc. (an
Indiana corporation) is owned by Distillers Corporation-Seagrams Ltd.
which was incorporated in Canada,
Joseph E. Seagram & Sons, Inc.
controls through stock ownership all of the affiliated Seagram dis¬
tillery operating and sales companies in the United States, and these
represent more than 86% of the consolidated total assets of Distillers
Corporation-Seagrams Ltd. and its subsidiaries.
The consolidated balance sheet of Joseph E. Seagram & Sons, Inc.
and its subsidiaries at April 30, 1943, showed current assets of $278,440,000 and property, plant and equipment, net of depreciation, and
ether assets in ar, aggregate amount of $37,484,000. Consolidated total
liabilities, other than the 2Va% debentures and the notes to be re¬
funded by the hew debenture Issue, amounted to $57,447,000.
In the nine months ended April
30, 1949, consolidated net sales
amounted to $542,828,000 and consolidated profit before interest and
taxes on income amounted to $44,642,000. Consolidated net profit after
Interest and taxes on income amounted to $25,167,000 in such nine
months' period. ■
The registration statement shows that at April 30, 1949* Joseph E.
Seagram & Sons, Inc. anti its subsidiaries had inventories and whiskies
and
other
spirits consisting of approximately 167,300,000 original
gauge U, S. proof gallons held in bond primarily for aging purposes,
and approximately 2,500,000 re-gauged U. S. proof gallons bottled or
held for bottling.
All inventories are covered by insurance at values
materially in excess of the $193,308,000 at which they were carried
on
the consolidated balance sheet at April 30, 1949.—V. 169, p. 1271.
that
169, p. 2319.
With SEC—
Sail Jose Water Works—Registers
The company ffed a registration statement on June 7 with the SEC ;
Ban Francisco Regional Office proposing the public offering of 39,000
stock, series B ($25 par), convertible
Witter & Co., Blyth & Co., Inc., Elworthy
all of San Francisco, are named as
Jtte underwriters. 77-e dividend rate, offering price and underwriting
terms are to be supplied by amendment.
of
shares
into
cumulative
stork.
common
y# Co..
Proceeds
cf
sales, together with the proceeds of the sale
bonds, series B, at 100.5% of princlpal amount, to Pacific Mutual Life Insurance Company, will be used
tor restore working capital used for property additions and improvements and of defraying a portion of the cost of future expenditures for
such purpose.—V. 169, p. 2319.
the stock
of $500,000 of
'
<
!
preferred
Dean
Schwabacher & Co.,
and
first mortgage 3%
Scott Paper Co,—Preferred Stock
Offered—Drexel &
Co., Smith, Barney & Co. and Merrill Lynch, Pierce,
Fenner & Beane Jointly headed an underwriting group
that offered publicly June 15 45,000 $4 cumulative pre¬
ferred shares (no par) at $102.50 per share.
The
preferred shares are redeemable at $105 Vfe per share on or
31, 1951; at Sl04y2 thereafter and on or before June 30,
$103Va thereafter and on or before Dec. 31, 1956; and at
new
before
Dec.
1954; at
$102'/2 thereafter.
,
LISTING—Company has applied for listing the shares on the New
York Stock Exchange and the Philadelphia-Baltimore Stock Exchange.
the
proceeds
will
added
be
to
the
installation
of
pener-making
new
a
the
at
®«d
and
company,
the
construction
of
shares
Authorized
$3.40
shares
(no'par)-,
were
from
removed
Shellmar Products
See also V.
registration.
pfd. shares
cum.
Operating
Other
'
Operating revenues
Operation
65,600 shs.
BUSINESS—The
continues
company
business
a
established
in
the merger
1804.
of. the
owns nlants at Hoboken, N.
$340,424
Which
operates
5rt%
interest
in
Brunswick
29,264
25,378
364,140
16,COP
18,304
292,810
industrial
$53,888
$847,666
In
1948
**>?on
The
and
sales
of
toilet
tissue
nek sales.
^
1,611
845
13,550
company
household
is
the
wax
accounted
$57,049
$54,733
$861,216
17,837
12,205
191,191
$803,193
126,451
—
taxes
income—
oper.
(net)
income
Gross
Net
Canadian
and
one
of
.
•
,1
income
$39,212
$670,025
$42,527
dividend requirements-———
applicable to
erfesers,
primarily
dr"g>
are
wholesale
Sioux City Gas & Electric
3 Months Ended
Operating
hardware,
d^artment stor»s.
and
Janitor-supply
UNDERWR TTERS—The
of
the
&
have
$2.03
chain
Federal
Net
than
stores
pro forma balance per share is based upon common shares out¬
1949. Subsidiary earnings since acquisition are
$544,892.76.—V. 169, p. 2214.
standing at March 31,
«
as
Co
Other
Prov.
2,385,739
315,362
348,307
_
_
742,106
—
taxes-,
557,252
___
W.
Witter
&
Co.
income
(net)—
pi,255,151
——
465,778
.—;
.
income
.
5,200
A&rgan Stanley k Co._i—
5200
Harris,
2,500
$1,720,930
————
__-„
266,867
—————
$1,454,062
-
—'V.
Co.
(Inc.)
;
.
accrued
of
preferred stock-
on
Balance
Shares
:
stock
$1,581,782
267,553
$1,314,229
148,205
$1,305,855
428.176
outstanding-
$1,166,023
$3.05
—■_»
—
common
148,205
$1,173,769
408,012
$3.27
——
356,814
—V. 169, p. 1998.
Net
Co.
:L
i
The company on June 10 filed a letter of notification with the SEC
for 299,000 shares of common stock (par 10c.) to be offered at $1
per
Underwriter, G. F. Hulsebosch & Co., New York. Proceeds will
be used to pay expense of financing, pay accounts
1,700
I
payable and balance
of
1,700
1,000
._■<
mortgage, purchase of planes, land, etc.
Net
income
Action on the dividend
Feriod End. April 30—
1949—Month—1948
T£al ry. oper revs.— $11,305,805
Net
ry
Tdtal
oper.
income—
income—
„
*Jttt income——1
Bwance of income
709,244
„
to
1,068,310
1,127,651
774,646
be lransfer-ed
to
284
4,118 159
Balance of Income to be transferred To "earned
rirplus if sinking fund and minimum capital
•
untf
charges
♦After fixed
are
made against income
Qn
4.918,076
charges, and other .deductions.—V
& Clark
typewriter models, it
was
decided to def^r action
the dividend at this time."—V.
169, p.
1491.
;
1,835,772
2,277,705
Inc.
169, p. 2425.
Fund, Inc.—Dividend, Etc.—
$2,911,769 $18,023,391 $12,962,808
341,941
2,289,100
1,553,887
$6,263,817
-
$3,253,710 $20,312,491 $14,516,695
income
—.—-.
._
'
4,721,510
$9,795,185
1,252,763
$4,721,652
1,172,783
1,193,836
5,722,119
4,705.593
1,194,169
4,776,081
4,772,247
$2,086,226
Preferred dividends
*$365,672
$3,509,618
$1.00
$0.26
$2.57
1,441,257
—
dividends
Common
6,304,673
$2,000,947 $14,007,818
1,542,165
—
——
com.
per
share
$317,345
$1.60
-
Southern Colorado Power Co.—Weekly Outputs
of this company for the week ended June 8. 1949,
2,981,000
kwh,, as compared with 2,787,000 kwh. for the
corresponding week last year, an increase of 7.0%.—V. 169, p. 2533..
Electric output
totaled
Southern Fire & Casualty Co.—New Name—
below.
;
Southern Indiana Gas & Electric Co.—Trustee—
The Bankers Trust Co., New York, N. Y.,
paying
and
agent
has been appointed trustee,
registrar for $3,000,000 first mortgage bonds 27/«%
1979. See V. 169, p. 2425.
Southern Ry.—Estimated Gross Earnings—
'
"The
Jan. 1 to June 7
—Week End. June 7-r-
1948
1949
Period—
$5,405,305
earnings
$6,089,902
1949
1948
$127,516,392 $140,553,051
169, p. 2534.
"
..
..
the 30,000
Of
stock (par $1) registered with the
shares of common
21, last, 12,690 shares were sold to employees at $10 per
17,310 shares were removed from registration.
The stock,
was sold by
three stockholders who will receive the proceeds.—V. 169,
p. 949.
Feb.
SEC
and
share
Gas & Electric Co.—Securities
Offered
—Offering of $4,500,000 first mortgage bonds, series C,
3%, due June 1, 1979, was made June 16 at 102.50 and
interest by Salomon Bros. & Hutzler and Carl M. Loeb,
Rhoades & Co.
,
An underwriting group
&
headed jointly by White, Weld
Kidder, Peabody & Co. offered publicly
new issue of 25,000 shares of 4.65% cumulative
and
Co.
June 16
a
preferred stock ($100 par). The stock
per share plus accrued dividends.
issues
awarded
were
awarded
were
on
a
at
bid
is priced at $101.75
competitive bidding
of 102.03991.
Seven
June
13.
other bids,
The
all.
specifying a 3% coupon, were received, viz.: Lehman Brothers, 101.768;
Halsey, Stuart & Co. Inc., 101.716; Equitable Securities Corp., 101.6899;
White
Weld & Co. and Kidder, Peabody & Co,
(Jointly), -101.6411;»
Otis & Co. (Inc.), 101.5845; Merrill Lynch, Pierce, Fenner & Beane
and Union Securites Corp. (jointly), 101.572; The First Boston Corp.,
100.916.
stock
were:
issue
was
Lehman
awarded on a bid of 100.33.
Other bids re¬
Brothers, 101.051 for a $4.70 dividend; Merrill
Fenner & Beane and Union Securities Corp. (jointly),.
100 92* for a $4.70 dividend; W. C. Langley & Co., 100.533 for a .$4.70
dividend.
Harriman Ripley & Co., Inc., offered 101.7131 lor a $4.75
Pierce,
Lynch
dividend.
,
proceeds to be received by company from the -sale
bonds and 25,000 shares of 4.65% preferred. stock will
the cost of additions, extensions and improvements to
the properties' of
the company and to prepay the $2,000,000 notes
payable to banks representing temporary borrowings, for such purpose.'
of
$4,500,000
be used
to
pay
CONSTRUCTION PROGRAM—During the first three months of 1949.
company expended approximately $2,162,000 for additions,. exten¬
and improvements to its electric properties, and estimates, on
the basis of present costs aud forecast load growth, it will expend,
the
sions
corporation has filed in Federal court at Chicago a reorganiza¬
tion plan calling for 15% payment on all unsecured claims.
The com¬
pany said the plan has the unanimous approval of a creditors' commit¬
tee, headed by Henry Anderson, credit manager of Crescent Industries,
1,759,289
The directors have declared a dividend of
40 cents per share
pay¬
20 to stockholders of record June
10, 1949. A similar dis¬
able June
new
The
•the
Scudder, Stevens
of
to.
Sonora Radio & Television Corp.—Files Reorganization
Plan—
,
1,286,317
261,805
4,738,500
9,460,816
PURPOSE—The
incident
3,509,350
earned
•
3.
introduction
4 688 529
4,346,109
3,024,313
usually payable July 1 on the common stock,
was deferred by the board of directors at their meeting
Distributions of 50 cents each were made on Jan. 3 and
value,
June
.April l. last, and in each of the four quarters of 1948.
H. W. Smith, President, said: "In view of the expense
1949—4 Mos —1948
surplus if sinking fund and maximum permis¬
sible capital fund
charges are made against
irfcome
par
.on
$11,479,031 $46,630,421 $47,002
977,231
1,035,292
65,452
65,452
Interest, etc., deductions
The
(L. C.) Smith &' Corona Typewriters, Inc.—Omits Div.
no
RR.—Earnings—
261,805
2,342,169
2,489,624
$5,815,218
448,599
income—
non-oper.
ceived
600
169, p. 2319.
Seaboard Air Line
9,455,602
2,865,382
2,738,625
—
operating income-
Both
Sky Harbor, Carlstadt, N. J.—Filing With SEC—
share.
Boenning & Co.
Sr.
and
&
Yarnall & Co,
Estabrook 8s Co
5.200
income
Dividends
2,500
1,700
—
12,600,000
6,086,000
10,757,386
10,207,498
2,580,000
for depreciation—
bonds
H. Newbold's Son
IPenner Ss Beana
The First Boston Corp..
Hall
Net
No. of Shs.
Dean
7,810,000
904,000
taxes
———>—
taxes
32,324,002
6,932,256
3,450,000
Federal
for
34,807,918
8,997,232
frequency
Southwestern
earnings from operations—
Gross
included
Janney & Co
9,955,770
1,247,877
9,039,935
—
Southern States Iron Roofing Co.—Stock Sale—
$5,174,036
2,284,709
269,135
312,547
652,212
481,660
follows;
8,850
$24,906,160 $23,366,661 $96,951,230 $88,735,789
.
1,801,548
for
income
on
1949—12 Mos.—1S48
1949—3 Mos.—1948
Period End. Mar. 31—
Operating revenues
Total operation
1948
$5,603,920
.—
.
-
income
Income deductions
severally
8,850
Smith, Barnay & Co.——
Merrill Lynch. Pierce,
Co.—Earnings—
Southern California Edison
Gross
2-
Earned per share'
No. Of Shs.
$1.04
The
$2.06
1949
;
——
General taxes
grocerv
are
$1.29
.
—.
Depreciation
agreed to purof preferred shares now offered
comPany the number
opposite their respective names
a
Drexel
tha
$0.54
tions and
Co.—Earnings—
—+
—
Maintenance
company's products.
underwriters
e
forth
trades,
b
Many corporations and institutions
among the largest consumers
set
jobbers
1,277,901
$0.62
the earnings of the subsidiary
include
$466,742
April 30—
revenues
Operation
sold to more than 5,400 direct pur-r
and
1,575,726
forma to annualize the effect of changes in taxes, income deduc¬
preferred dividend requirements occasioned by the acquisition.
pro
—V.
of toilet tissue, paper towHs
the principal producers of facial
distributors
$1,644,232
611,867
May 18, 1948. Also, certain minor reclassifications have been made in
periods prior to 1949 in the interest of consistency. The resulting con¬
solidated balance after actual preferred dividend provision is adujsted
210,000
$430,025
stock-
common
tissues.
JFhe company's products
$1,628,319
753,711
$676,742
210,000
Earnings per common share (226,584 shares)
—V. 169, p. 1819.
largest producer
paper
income
Balance
approximately one-half
more
78,272
$751,170
series of 1949 due June 1,
engaged in the manufac-
for
132,659
$753,711
comparative purposes, the statements of consolidated in¬
prior to its acquisition on
NOTE—For
2,193
Pulp & Paper Co.,
No other product accounted for
1,198,008
$1,957,319
313.08T
forma
come
t,. and Sandusky,
paper towels, facial tissues, household wax paper
cleaning tissues.
Finished. products are distributed by
throughout the United States and to a comparatively,
such net sales,
of
1,469,255
$2,126,365
498,046
$800,995
Other
limited extent in many foreign countries.
20%
314,860
$829,442
See Tennessee Odin Insurance Co.
toilet tissues,
company
374,973
balance per
share of com. stock—
318,104
$55,438
Utility
Corp., the owner of the remaining 50% interest in Brunswick Pulp &
Paper Co., Is entitled and obligated to purchase the output of the pulp
company's mill during the remainder of such period.
and
294,927
201,259
310,175
326,190
General taxes
pulp mill near Brunswick, Ga., under a contract
covering the period through Feb. 1, 1963, pursuant to which the com¬
pany is entitled and obligated to purchase the output of the pulp
company's mill during one-half of its operating time.
The
Mead
are
1,740,075
218,068
Federal income
a
*he company and Marinette Paper Co.
$3,665,535
1,996,383
19,782
Preferred
a
$3,155,327
balance-
forma
Pro
Pro
1949—12 MOS.—1943
21.469
grinding equipment operated by Nairn Falls Pulp Co., Ltd.,
corporation, at Clermont, Canada,
owns
$3,595,620
♦Loss.—V. 169, p. 2214.
$4,045,260
$293,061
154,240
186,326
27,982
Income deductions
The company
38,101
$1,144,302
—
Balance
24,813
Company has three wholly owned active subsidiaries; Marinette
Paper Co.. with plants at Marinette, Wis., Fort Edward, N.
Y., and
Glens Falls, N. Y,; Coo« Bay Pub Corp.. with
pulp mills at Empire,
Ore., and Anacortes,. Wash.; and Delaware Pulp Co., which owns pulpa
26,616
pfd. stock div.
Balance
1879.
incorporated in Pennsylvania Dec. 5, 1922, as the successor to
accompany of the same name which was incorporated in Pennsylvania
O»io.
$3,569,004
9,495
two
Deprec. and amortiz._
was
in-lSOS.^ Company also
$3,117,226
$1,134,807
income
Net
1949—Month—1948
——
Maintenance
*871,847 shs.
♦Excluding 3.7.98 shares reserved for exchange for outstanding non¬
voting, non-participating common stock scrip.
Ir
1,870,379
$886,370
income
Net
Sierra Pacific Power Co.—Earnings—
Period End. Mar. 31—
2,000,000 shs.
1,149,900
2,125,488
deductions
Total
.
lointly that all discussions looking towards
companies have been abondoned.—V, 168, p.
45,000 shs.
—
1,195,202
502,988
$1,258,061
3,282
—
(net)—-
income
Prov. for
288,387
72,097
484,698
$.1,261,343
income
income
Gross
263,041
67,028
taxes—
1889.
169, p.
Peter Berkev, Chairman of this company, and Dwight S, Brigham,
President of Keyes Fibre Co. of Watervilie, Me., on June 13 announced
Outstanding
65,000 shs,
„
1,354,162
564,653
Income
of
acquisition
adjustments
Corp., Mt. Vernon, O.—Merger Dis¬
cussions Abandoned—
Fort
150,000 shs.
$4.00 cum. pfd. shares—
CdttimoD shares (no par)
1,549,058
545,900
acquis, adjusts.
plant
Other taxes
Earned
_
1,375,725
377,992
Prov. for amort, of elec.
Federal
Gross
SECURITIES, GIVING EFFECT TO PRESENT FINANCING
Ctfin, pfd,
1,425,352
410,050
plant
—
pulp-bleaching equipment at its Chester, Pa,, plan.
CAPITAL
1,213.243
370,340
Amcrtiz.
104,000 shares of Beneficial interest (par $1) offered for sale
April 13 through underwriters headed by Harriman Ripley & Co., Inc.,
74,006 shares were disposed of for a total of $1,489,001 and 29,994
treatment equipment
waste
2,072,602
1,140,822
depreciation
utility
Other
Shareholders Trust of Boston—Stock Sold—
Edward, N. Y., plant of that subsidiary, the installation of additional
production equipment at the Hoboken, N. J., and Sandusky, O,. plants
of the
of
2,544,405
338,573
Maintenance
Prov.. for
307,238
209,315
Of the
the
machine
156,332
310,641
inter¬
and
changed power (net).
Prov.
company's
general funds, out of which the company expects to pay the cost of its
current program of improvements and additions to plant and equip¬
ment, including the renovation of the electric power facilities at the
Marinette, Wis., plant of the company's wholly owned subsidiary,
Marinette Paper Co., the rebuilding of one paper-making machine t
arid
electric
in
used
change
1949—Month—1948
1949—4 Mos.—1948
$192,601,565 $193,326,805 $685,098,186 $731,754,631
May 31-t—
—V. 169, p. 2214.
13, 1943, to provide additional working capital and to
repay $2,000,000 of bank loans previously incurred for the same mirpVse.
On Dec, 27, 1948, the company reduced the amount of the then
outstanding loans by a prepayment of $2,000,000.
of
1,430,108
generation
Provision
Sears, Roebuck & Co.—May Sales Slightly Off—
Sales
Pa;, on Aug.
remainder
upon
Period End.
delphia National Bank, J. P. Morgan & Co. Incorporated, Guaranty
Trust Co, of New York and Delaware Oountv National Bank. Chester,
The
Fuel
Purchased
1949—12 Mos.—1943
$4,790,953 $19,287,107 $17,359,923
5,474,735
4,918,290
1,331,478
$5,081,346
revenues-
oper.
Maintenance
PURPOSE—Of the proceeds, $2,000,000 will be used to repay in full
outstanding bank loans.
Thene loans represent the outstanding bal¬
ance of loans aggregating $4,000,000 made to the
company by Phila¬
,
1949—3 Mos.—1948
Period End. Mar. 31—
Total
Operating expenses
ing
$339,421
$385,298
-
—
preferred stock
on
Balance
-*V.
—
159, p. 586,
South Carolina Electric & Gas Co.— -Earnings(Including South Carolina Power Co., Subsidiary, Acquired May 18,1948)
-
,
(Joseph E.) Seagram & Sons,
000 Debentures With SEC—
$439,921
100,493
$491,212
105,913
.
representing the Radio Corp. of America and the Radio Manufac¬
Association, and Oliver Will, Credit Manager of Caswell Runyan
Corp., Huntington, Ind.—V.
*
169, P. 1340.
rate
Balance
turers
the following dividends were
1948,
date.—V,
$435,710
4,210
$486,604
4,607
.
-
made
was
paid: March 20, June 19 and
Sept. 20, 40 cents each; and Dec. 20, a year-end of $1.
The Fund reports total net assets of $25,234,267 on June 8, 1949,
equal to $46.20 per share on the 546,164 shares outstanding on that
In
1948
$1,404,329
425,453
117,583
136,525
173,985
1949
$1,506,471
447,335
April 30—
Monday, June 20, 1949
COMMERCIAL & FINANCIAL CHRONICLE
THE
(2648)
plan
slate
is
clean
a
Other
members
Treasurer,
Standard
liberal
and
capital to continue
Oxford
still
its
of
effort
leave
the
the
part
of
the
company .with
Mr.
the (creditors'
creditors
sufficient
Anderson stated;; ;
h
to wipe
working
committee areePavidi-E.
Davis,
Corp.;. Claude A. C?rison,-VicerPresident.
Corp.; Oscar Holen, -of Holen Adjustment. Bu¬
Electric
Transformer
on
•
business,"
for
these
purposes
approximately
$7,638,000 in the period
April
1-
31, 1949,* $8,400,000 in 1950, and $4,400,000 in 1951.
These
expenditures made and to be made, include approximately $7,800,0001
for the completion of the 50,000 kilowatt generating plant at MoorDec.
ingsport, La., and the 60,000 kilowatt generating plant at Longview,
Texas; $5,500,000 for improvements and additions to the transmission
system; and $9,300,000 in respect of
It
is
contemplated
that
the
distribution and'general facilities.
required for the three-year
$22,600,000
(Continued
on
nase
55)
Volume 169
THE
Number 4813
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2649)
IT
Stock Record «» New York Stock Exchange
Mil UNGE Of PHCES
VEARLY RANfiE BF SALE PRICES
1
-1
"
•
■
:
Year 1948
UwmI
t per share
t per share
fper share
Jun
37
Dec
2%
Dec
May 2
1% Jun 16
May
6% Jan
44%- Dec
36
55%. Jun
14% Feb
14
70;
100
i
23% May
46% Jan
Jun
13
18% Jun 13
35
Dec
27% Dec
7% Feb
41% July
Dec
xl7% Jun
•
14
27% May
108
May
4% May
Nov
-
2% Nov
13%
Dec
65
Nov
2%
21% May
80% Juu
Dec
37
4% May
58% Oct
Feb
65% Dec
7
May 25
18% Jan
3
97% Mar 9
3
Jan
3
13% Feb 15
64
Apr 14
2% Feb 25
40% Feb 25
64% Jan 24
75
May
Dec
34
May
17% Jun 14
109
May
95% May 20
90
Mar
96
Apr
Par
Abbott
Additional
89
May 26
3
49
75
•
*171
198
Mar
May
6
Jun
13
165
Jun
16
Reduction
to
Juneau
Gold
7
93% Feb 17
24% Jun
15
28% May 19
Allied Mills
25% Feb 25
30% May 16
*99%
Mining
83% Jan
8
90
26% Dec
91
Jun
42% May
25 % Feb
25
30% May 12
73
Dec
98
Jun
17
83
*25
Nov
31% Oct
26% Jan
3
2% Jun
14
81
Mar
3% Nov
44
Jun
77
6% May
Nov
50
83% Feb
121
Jan
34%
Dec
May
52%. Jun
6%
Oct
10
Mar
47
Nov
,
18% Mar
58% Feb
31%
103
i
43% May
Dec
Nov
111
6%: Sep
3
Dec
76% Feb
29% July
70
May
Jun'
.
10
51,
Jan
4
20
Jun
13
62% Jan 19
7% May 12
30% Mar 23
97% Jun 17
6% Jun
2% Jun
13
49% Jun
100% Jan
18% Mar
27
104% Jan
110
Aug
38
Dec
51
May
15
Dec
20% Jun
May
81
Jan
3
172 % Mar 17
.
Mar 30
May 18
24% Mar 31
35
Jan
104
10% Jan
3% Jan
3
7
93% Apr 27
181% Jun
13
21% Jun
6
33% Jan
7
Jun
1
82
19% Jun
14
60.
106% May 6
39% Feb 15
15% Feb
Jan
11
22% Mar 30
108% Feb
15
46% Apr
4
18% May 4
17% Mar 21
22%
Jun
14:
Jun
8
14
Dec
94
Jun
74.
Jun
6
33% Feb
43
Oct
35% Feb
8
Jan
3
43% May 19
106% May 17
25% Jun 14
36% Mar 31
14% Dec
81
94%
Feb
107% Jun
25
Feb
49% May
99
„
-
-
87
Mar 11
*
American Chain & Cable
13%
67%
5ft
2%
.2%
2%
2y4
23/a
2y4
2%
46%
43%
2%
44
45 V*
45%
45%
14,600
3,700
68 %
18
90
16%
25%
American
I per
$ per share
*87%
6y2
27%
90
*
*87%
*6%
7
168
16
16
25
24%
28%
29%
*85-
«
6%
25
91%
27%
*89
27
27%
27%
78%
*77
79
79
79
♦77
27%
27
27
*27
28%
•27%
26%
92
2%
2%
38%
*36%
*2%
2%
96
97
95%
*34
36
35
8%
59
60
20
21%
8%
59
20
641%
♦63%
77
97
35%'
7%
7%
7%
59%
60%
20%
21Va
7%
31%
100
30%
*99
.
31%
7%
61%
♦60%
73/4
*98%
1,600
21%
64%
7%
31 y8
31%
31 y4
30%
*98%
1,500)
,
4,50ft
31
99»/a
X31%
100
1,00ft'
27',50ft
*21 y8
,
8
.
4300
8%
*63 y4
22
64%
73/4
8
96%
35%
8%
61
61
500
35 y4
9
*63%
300
23/4
38
953/4
963/4
353/4
21%
64i/2
28%
♦36y4
40
8%.
600
♦27%'
*2%
2%
96%
35%
9
30ft
27%
77
*63%
.
64%
6,200
26%
79
35%
59%
20
*63%
.100
27%
♦2%
2%
8»/a
89%
*88
27%
*36%
8%
13,200
89
96
35
8%'
900
28%
89
41
*37
38%
96%
25y8
28 %
28%
*89*
91%
1,300
2,00a
6%
16 V»
25 y8
,
28 3/4'
X27%
90
166 y8
*15%
16 %'
*15%
4,700
6%
*165 •
166
25
28%
90
6%
165
18%
92
*87
92
100
71
18
18%
*87
1,500
46
*68
71
18%
92
166%
15%
.
973/4
99%
97%
5%
5%
"5%
5%
5%
5%
5%
.5%
5%
2%
2%
2%
88%
2%
2%.
2%
2%
23/4
23/4
*179%
200
2%
89 y8
883/4
1803/4- 1803/4
1,700
5%
*
89
89%
180% 181%
*179
89
.
"
88%
89%
4,400
9;700 >
88%
88 y8"
3,700
181
160
22
23
22
22%
22%
22%
23
23%
23
23
3,000
63
63%
62%
62%
62
63
63
63
63
63
700
19%
181
180
No par
19%
19%
*107%
108 %
*108
108%
41%
41%
41
41%
41%
41%
16
16i/»
14%
16%
16%
16
16
14
14
*14
75
74
74
•72%
39%
39
No par
14%
*73
38%
lo
preferred series A-100
com
♦104% 105
27'/4
26%
103%
25%
19%
180
preferred-—No par
Distilling Co——20
19%
39%
1041/4
19%
103%
74
14%
40%
♦14%
*72%
4C%
104%
26%
273/4
27
800
300
14%
10
74
10,400
40%
40
*104
104
3,800
16%
♦i6y8
74
*72%
50
42
41%
16 y2
'•14%
'•
39%
103%
27
26
.
1,100
108%
•108
42
*41%
16%
19%
19%
108 %
♦108
14%
38%
193/4
19%
108
108
700
105
273/4
28
1,30ft'
Friday
Saleefer
the Wee*
LOW AND HIGH SALE PRICES
NEW YORK STOCK
Monday
Saturday
June 11
EXCHANGE
Highest
90
*68
18%
*87
167
15%
25
28%
71
17%
92
6
166
-
45%
►68
17%
*87%
6%
168
2%-
44
71
17%
*87
2%
Colortype Co
10
American Crystal Sugar com——10
4% % prior preferred—
10'j
conv
*67
92
♦36%
1
50
American
Range Since Jan. 1
Leweet
Highest
$ per share
13%
*66Va
27
;100
Co
5,300
3
133/4
67%
78
——2'
—
American Cyanamld Co
3
3
133/4
26%
.
non-cum
7,300
102
♦99%
♦66%
*89
Fdry com—.No par
preferred ——•
—100
American Chicle
300
21%
3
3
4,400
46%
21 y4
67%
STOCKS
Tear 1948
$ per share
CLOSED
American Car to
3%%
3
3
10,700
5%
46 y4
102
*99%
.
1,300
17%
22%
46%
22
102
28%
5%.
13%
,
27%
Amer Cable to Radio Corp—.
.1
American Can Co common——25
5%
♦99%
28%
xl7%
5%
46%
13%
31
7%
102
17%.
"
com
com—
;
22%
28%
17%
5%
38
67%
*99
preferred
21%
26 Vo
.
800
3,300
,
17%
17%,
•35
13%
No par
7%
*45'/a
25
STOCK
EXCHANGE
conv
Range far Prevloua
Lowest
Co
46
5%
47
17%
18%
18%.
17%
33
67%
preferred—
—100
American Broadcasting Co Inc.—1
4%
17 y4
♦35
29
.
18%
♦18%
•
13%
6
No par
Corpi—
Amer Brake Shoe
10
Jan 11
Bosch
5%
21%
1,600
1%
67%
*87%
—
American
17
3
3
167%
*45%
3%% cum conv preferred.
_10Q
American Bank Note common—,—10
6%
preferred
50
65
66% Feb 14
10% Mar 29
28%
6
*99%
13%
17%
common-No par
preferred
100
conv
17%
38
17
.
190
115
1%
800
i8%'
17%
*34%
28%
21 %
*98%
2
5,100
38%
37%.
38%
115
share
Par
t per
Jane 13
$ per
share
share
Tuesday
Wednesday
June 14
Thursday
June 15
$ per share
June1G
S per share
June 17
.
f per share
Share »
S per share
1
5
Jan
7% May
4% Feb 28
14% Mar
19% Oct
15% Feb 24
13%
Dec
19
1%
Sep
4% May
89% Jan
14% Jun
77% Jan
Dec
42
6% Dec
37
Nov
35%
Dec
3%
Dec
46
Jun
20% Feb
5%
Dec
Apr
3% Jun
6
Jan
46
American Home products
American Ice Co com..
3
26% May
24% Jan
5
29
5% Jan
5
8
Feb 23
90
53
19
-
5%
29
Dec
Dec
Feb
Jun
12% Jun
14
14
21% May
11% Jun
13
94%
76
Jun
Jan
3
10% May
35
July
4% Jun
7
22% Jun
13
Dec
96% Jan
4
8% Jan
5% Jan
3
98
35
Dec
11% Jun
Nov
Feb
16"% May
176
Jan
6%
Dec
12% Jan
16%
Feb
28
38
Sep
46% Feb
139
Mar
31
Mar
125
Nov
25% Nov
21
Dec
1
73% Jun
95% May
86% May
12%
7
Jun
6% Feb
69 %
11% Feb
15% Mar
26% Jun
108-
80% Nov
162% Nov
73
Jun
Oct
46
Apr
68
May
163% Jun
35% May
140
Jan
32
Feb
8
7% Feb 25
83% Feb
11
70% Feb 10
10
169
Jun
6% Mar
23% Jan
37
6
Mar 31
Jun
8
4
17
39% Jun 13
142
Jan
19% Jun
14
27
21% Jan
6
7% Jun
6% Dec
x33% Nov
120
Jun
8%
Apr
56% July
90
104
x5% Dec
112% July
8% Jun
Dec
76% Mar
51
Nov
30%
Feb
30
Feb
25% Oct
98
8ep
46 % Mar
18%
8.
4
Feb
Mar
Dec
Jun
Jun
60% Jan
135
14
May 23
Jan
8% Jan
21% Jun
83
36% Jun
14
Apr
6% May
For fot.tnotes see page
120
May 16
8% Mar 30
91% Mar 11
4% Jun
6
22% Jun
48% Jun
15% jun
14
16
13
8% May 13
2% Jun
3
28/
5
lft May 13
38% Feb 17
3
25% Jan
99% Mar 29
;. 60% Jun
150% Jan
6
2
conv
80
Jan
4
6% Jan
7
57 % Jan 24
35% Jan
35% Jan
7
8
34% May 31
Max 2
105
3%
3%
*45
37
37
34%
34%
34%
3%
3%
3%
3%
■3%
*45
48%
88
*78
88
♦83
*12
27% '
7%
'12%
*12%
12%
10i/2
16%
13%
16%
12%
16%
12%
123/4
13
100
73%
75
73%
.74
11%
♦76%
*4%
American Metal Co Ltd com.No par
22%
preferred
American
Co
Amer Power to
$6 preferred
No par
Light com—No par
;
No par
—
$5 preferred
No par
Amer Rad to St San'y com—No par
7% preferred —;
American Safety Razor..
—.100
5
American Seating Co
No par
Amer Ship Building Co_
—No par
Am Smelt to Refg common—No par
7% preferred
.100
Steel
Sumatra
Tobacco
American Tel to Tel Co
....
Rights
American
Tobacco
Am Water Works Co Inc—
American
Woolen
23%
23%
8%
8%
34%
34
5
lOo
xl38% 139 %
119
Corp—.10
20
Copper Mining
A P W Products Co Ino
-3
7V4
223/4
11%
lft..
lft
67
67%
148%
•
11%
11%
23%
101%
22%
100%
♦100%
*5%
9%
■
89
74 %
7%
-
6%;:.
26
263/4
26%
37%
41%
*37%
41%
150
150
37%
140
20%
20%
23 y2
8
•120
16%
73/4
34%
1,500:
1,400
7%
138%
lft
IA
66%
146%
♦146%
19,00ft
151,60ft'
4,300
138% 1383/4
lft
lft
139%
lft
673/4
20ft
16%
*16%
16%.
10ft
122
.66%
67
67%
149
533/4
146 »/a
53 Ys
146%
53%
119
*118%
119%
*118%
119%
7%
119
,
7y8
*7%
7%
7y8
233/4
23%
25
25
7%
24%
87
*81
87
*81%
87%
60%
*60
00%
♦55%
60%
30ft
43/4
*4%
4%
51%
2,600
503/4
25%
25%
23
23%
4%
4%
4%
4%
50%
50%
253/a
4%
253/4
26
23*/a
23%
24
23%
24
32%
103%
'
15%
16
15%
.153/4'
49
49%'
.
Xl5%
•
9
*50
323/4
103%
32%,
103%
49%
*8
2%
52
-
*53/4:.
9
.2%.
;
%.
333/4
*33
i
49
"
2%
270
1,800
18*400
60%
60
48%
570
5,700
7%
25%
*81
87
•2
50ft
122
263%
2%
23%
*34
25%
1
4,200
23%
8
223/4
2%
40
20%
53%
60
*8
900
37
140
193/4
34
25%
9
270
*36
124
22%
*32%
*8
4,300
53
43%
■
270
37
41%
1503/4
51%
146%
51%
119%
*80
*102
3,700
2,000
*137
24
50%
32%
50
7
27 y4
40%
36
*16%
139
10%
*150
140
203/4
7%
33%
33%
124
74%
175
37
38
41%
*23%
9%
263/4
.
1,100
19,300
1,500
1,600
14,600
34%
6%
1503/4
36
141
89%
10%
7%',
90
200
6
*172
175
2,400
100%
*733/4
.
11
103/4
*172
40
300
22%
34%
9%
89%
...
74%
74%
103/4
172
35%
9%
89
6,400
5
"53/a
6
35
9%
200
773/4
>4y2
23
89
200
74
♦763/4
25%
103%
7,000
5
49%
32
900
13%
*71%
11%
26 y8
23
16%
78
50%
*102-1
12%
13
♦4%
113/4
8,300
1,600
163/4
•76 3/4
78
.
88
*11%
v
74%
•
25%
to Cable—-No par
Andes
138%
50%
♦71%
49
Anchor Hook Glass Corp
Anderson-Prichard Oil
4%
4%
33%
*120
1383/4
119
22%
22%
8
8%
34
138
148
7%
7%
19%
23%
16%
119
51
♦140
163/4
67%
149%
51 %
66%
149%
$5 prior conv preferred——25
Anaconda Copper Mining
—50
com—12.50
-No oar
Anderson, Clayton to Co
.21%
*36
37%
141
*16
1A
87
——.
*8
33%
66 %
60%
Wire
149
*118% 121
lft
1A
*80
$4 preferred
40%
.
23%
*56
Anaconda
37%
40
193/4
100
—
172
150%
19%
eommonj_.No par
103/a
l03/a
19%
$4 conv prior preference—No par
Amer Zinc Lead to Smelt com
1
preferred
73
733/4
23%
5
89
176
37%
*140
38
74 y2
7%
•80
.
16%
13 y8
13%
35%
9y8
93/8
89
20
16%
101 %
6
26
39%
"11%
28
7%
12
12%
16%
13%
♦5%
26
37%
37%
88
35%
25%
149
*80
22%
6
27%
7%:.
600
3,200
2,000
48%
*45
28 ya
7%.
88
22%
♦100%
35%
140
37%
_100
—
101 y2
•
48%
27%
4%
7
150%
140
100
„
•45
73/4
4%
7%
40%
39%
American Viscose Corp common—14
preferred
4%
22%
7%
37%'
37%
150
common——25
—
71%
10%
*172
*763/4
78
26%
26%
—
preferred
9%
88
11%
113/4
7%
*118% 121
16%
10%
...
American
176
7
—No par
Refg common—.100
preferred
—.100
10%
10%
Foundries—No par
No par
American Stove Co
75%
74
American Snuff Co com——25
6% non-cum preferred
100
American
9%
*172
—
*5%
*34%
91
88%
CLOSED
*100%
5%
9%
STOCK
EXCHANGE
22
35%
5%
35%
1
American News Co
101
101
.100
——
Molasses
23
*71%
.3%,
1,700
7%
7%
7%
3%
28
,
47
73/a
48%
27%
12%
4%
7%
39
34,
*78
11%
5%
38 y2
34%
7
76%
6%
39%
7
4%
7%
7%
7
11%
1,40ft
1,400
1,100
34%
27%
76%
15%*
1%
45
39%
7%
48i/2
No par
—100
-
34%
16%
Fdy Co com
preferred
15%
1%
45
15%
1%
1%
46%.
100
16%
40
7
Amer Machine 8c Metals—No par
15%'
1%
500
5
5
*153/4
16%
47 y4
7%
1
Amer Mach to
4%%
1%
27
preferred
5%''
5%
*16%
16
15%
,
*45
27%
5%
16%
47%
1%
47
Locomotive common—1
American
3.90%
15
1
American Investment Co of HI
10% Jan 12
5
34
*5
♦16%
50
55% Jan 27
23% Jan
7
4% Jan
7
*38
5
16%
No par
preferred
6% non-cum preferred
—100
American International Corp.No par
1%
7'/a
40%
3%
American Sugar
Mar 31
59% Jun
6%
1%
35%
7%
Leather com—1
to
37% Jan 10
70% May 26
3
American Hide
47
40%
■
—10
American Stores Co
149 % Jun 13
63 Jan
7
38%
Jun
7
3
48% Jun
1
25% JUn 14
Jan
Jan
3
49% May 10
xll7% Apr 18
67
May
41% May
45% Jun
107
May 17
18% May 19
16% Jun
1 3*2
115% Nov
28
Mar 31
f
10
138
Jan
154% Jan 10
126% Jan 17
158% Jun
Mar
May 5
30% May 17
41% Feb 3
56% Jan
7
17
147% Mar
71% July
8
31% Feb 25
Jun 10
Dec
68%
7
Feb 25
26% May 13
12% Jan 13
120
144
May 17
14% Jan
39
24% Jan
Oct
81
175
142
41
May
131% July
20*% May
46% Feb
35% May 31
10% Apr 13
94% Apr 14
3
Feb
54% Mar
101% Apr 14
6% Jan 22
5
Dec
131
Jan 20
14% Apr 12
81% Apr 20
7% Mar 14
30% Jan 19
34% Jan
130
10%
16%
18% Jan 20
102
11
.34%
116% Mar
May 10
12% May 16
17% Apr 30
Feb
35% Jun
Apr
May 17
May 11
preferred
15
34
No par
American Hawaiian 6S Co
6
Jan 31
15%
1%
1%
47%
No par
51
37% Feb
4
4% Jan 20
47% Jan 27
15% Jun
93
$7 2nd preferred A——
$6
3
13
5
♦16%
48
15
No par
———
i7y8
17%
Foreign Power com—No. par
$7 preferred
17
Jan
24% Mar
9% Apr
Amer to
Jun
Feb
Dec
4
Jun
10%
6
Apr
6% Jan
13%
12% Nov
72% Dec
53
34
Dec
Feb
-
5
5
Tiling.,———l
37,
79
95%
Jan
3
5
1 % Jun
American Encaustic
American European Secur
No par
American Export Lines Ino—-40c
43% May
7% Jan
8% May
92
Jan
16% Dec
7
13% Jan
44
6% Apr
5
17% May 21
18
Apr
8
2% Jan 19
*
103
!
103/
48%
48%/
15% : 153/4,,,
*8
r *23/4
..
.
.
9
3
.
'
33%
♦48
153/4.
f
*8
,
*2%
•
130
-
33%.
103%:
48% N
103
.
'l
[V
68%
Amerada Petroleum Corp
No par
Amer Agricultural Chemical-No par
American Airlines common
1
Apr 18
40% Jan 25
1
92% May
177
Jun
106
3
3
3%%
Alpha Portland Cement—.
Amalgamated Leather Co
6% convertible preferred
Jan 31
43
—
i8%;
•
IfMfc
Shares
$v***har*
36%
5%
46
69
*87
Allls-Chalmers Mfg
"
31% May 10
3% Jan
6
6% Jan
5% Jun
28%' Nov
NOV
7
May 17
——No par
36 y*
Salsh >st
i
'44%.
5
Corp common—No par
preferred
_100
4*
Jan 20
34% Jan
10% Dec
163% Oct
74
Apr 29
89% Feb
Mar
68
37
l
1%
16%
.
102
"2%
l
——
„
21%
3
No par
Allied Stores
; Feb
X28%
6
48%
13%
34% May
37% May
25
37
17 %
*46
100
10
Allied Chemical to Dye
Allied Kid Co
1
18% Feb
•98%
2
17%
*34%
.
*67%
25% Dec
15% Jun ,14
18%
Xl7%
,
28%
5%
5
21%
Jan
*18
17%
20%
Allen Industries Inc
10
188% Jan 24
18%
37
16%
-
Mar 12
115
2
36
28%
No par
Vlcksburg Ry
16% Dec
-
Inc
37%
*98%
*35%
18%
preferred ww
100
Allegheny Corp common
l
5%fc
preferred A~—
—100
$2.50 prior conv preferred-No par
Allegheny Ludlum Steel Corp.No par
$4.50 conv preferred
No par
Allegheny to West Ry 6% gtd__ 100
May 19
May 13
8% Jan
36%
17%
—
4%%
'
11% Jun
,7% Dec
wi
common
38
2
36
f ver share
37%
98
2
Aldens Inc common
2
27% Jan
104
98
2
*34%
Alaska
4
May
198
l
Alabama
37%
2
Corp
No par
Addressograph-Multlgraph Corp_lo
Admiral Corp
;
__1
Affiliated Gas Equipment com—1
$3 preferred w w___
:
:
50
Air
37
Friday
June 17
June 16
,
$ per share
t.per share
37%
Thursday
June.15.;
_10
Express Co
Wednesday
June 14
98
Adams-Millis
100% May 23
3% Apr
2
15% Mar 3
Mar
37y8
PRICES
Tuesday
June 13
8 per share
'
Adama
6
Monday
No par
-2.50
Acme Steel Co
46% Apr 20
23% May 16
70'
f per shara
5
new.
Abraham to 8traus
ACF-Brlll Motors CO.:
49% Feb
9
21% May 26
19% Jan
Laboratories
.
.
'
20% May 17
8% Apr 19
5
Dec
■
.
14% Feb
5% Jun
5
100
23%
40% May 3
98
Jun 10
3% Jan
7
27% Mar 28
Jan
46
99
June 11
f per share
41% Apr
7
30
Jan 26
35
22%
Xl8% Dec
Saturday
EXCHANGE
.
Hl|hMt;
LOW AND HIGH
NEW YORK STOCK
Baage Since Jan. 1
Higheet
Lesreet
(:
FOR EVERY USTED ISSUE
t
-
ivneft
Buft fir Pmltai
76
WEEKLY VOLUME OF TRADING
i5%y
9
.3,
■"
.
17,400
1,88ft
1,000'
| 19ft
\
) 700'*
h.
■
18
COMMERCIAL
THE
(2650)
YORK
NEW
Lowest
Highest
LOW AND
June 11
Nov
30% May 19
Archer-Daniels-Midland
23%
NOV
32 y2
Oct
19% Jun
14
27% Jan
26
Armeo
89
Dec
101%
Jun
77
Jun
15
95
Feb
3
5
Jun
13
7% Jan
8
49 M2 Jun
7
77% Jan
10
6Vs
Dec
68%
Dec
41%
15% May
106
13%
Jun
38% Jun
13
Jun
94% Apr
28
99% Feb
15
110% Jan
15% Jan
8'/2 Jun
14
13% Jan
11% Feb
28
14% May 16
13% Mar
Jun
Dec
111
May
95
Apr
87%
Dec
106
July
87
26
Jan
35
Jun
1
98
Apr
103
27
12
30% Feb
14
Jan
Feb
120%
Sep
80
Jun
14
105% Jan
Mar
107 V&
Jun
97% Jun
14
103% Jan
13% Dec
Jun
11
44%
Dec
62
25%
Jan
64%
Atch
20
79%
5%
38%
par
par
38%
49%
38%
39%
*94%
105%
5i/8
5'A
51'/4
511/4
2,300
39%
2,200
39%
39 Ya
95
95
105%
*39'/4
94%
105%
1061/4
5
*14%
No par
*14%
15 Vo
*14%
15
15
*14y4
8%
96%
8%
8%
8%
8%
12%
13 y2
13%
13%
13%
96%
*90 y.
15
96%
97%
*96%
90%
90
90%
96%
90%
y4
98
90%
34»/2
341/2
14%
8%
13%
*8%
13%
8%
13
8%
Feb
14
81
Feb
50 y«
13
33%
33%
34
33%
X
_
*96%
98
39
Jun
1
94% Jun
17
77
102
Feb
91
Jan
90%
140
33%
33%
1,200
111/4
11%
*11%
32%
33
32%
33%
33%
34%
34%
67%
69%
66
66
661/4
66'%
•66
*82%"
85%
*82%
84%
83
84,
30%
31%
30%
31%
32
32%
*106%
107%
*106%
Coast
96
Jun
Nov
25 Vo May
20
Jan
4
98% May
23% Apr
1
Atlas Corp
04 y2
Apr
42
Jun
10
58
3
Atlas
Jan
100
7
106
48% Aug
99
114
Sep
29
Oct
4%
Febi
Jan
16% Jun
9% May
4% Feb
16% May
13 % Feb
19
Jan
4% Jun
81
82%
*97%
•
81%
98
'
97%
Jan
11% Jan
5
4%
Jan
'
Jan
Oct
46
4% Jun
14
7% Jan
Jun
7%
Feb
35%
Mar 24
8
34% Jun
14
Conv
v
7
1
i
Canteen
Co
107
82
81
96%
95%
96
95
95%
20
20
20
20
20%
42%
42
42%
43
44
102
102
*101
102%
102%
102%
17
17
16%
*16%
17%
5%
*5%
5%
5%
14%
-5c
:
*4%
STOCK
12
EXCHANGE
16%
5%
*5
14%
*14%
68
12%
5
5%
4%
5y8
35%
34%
34%
13
13
13
5
32 »/4
17%;
:
260
it'
44%
101'
/
*14
40
I;
16%
5%
5%
5%
5%
34%
34%
13%
13
13
*
400
.
.
14%
200
4'/2
4%
2,100
11%
1,000
20,900
,
•
5'/4
35%
14 V8
"
4%
11%
.
r
300
11%
14%
4%
11%
400
101
16%
5%
290
8,400
1
*
5%
5,800
20%
44
103
*16%"
200
1
•
94%
20'/a
,
•
107
94%
.
800
84%
107
44
*101
66
32%
95
4%
35%
1,600
20%
12-%
*12-
1,200
34
■,
66.
♦78%
107
95
141/2
4%
4y2
*12
35
CLOSED
*14
14%
4%
4%
12%
1,500
11 %
33
20
•
6,300
97%
•
35
*43'/2
>
81%
97%
*11%
97%
11%
107
42
Avco-Mfg Corp (They common—3
$2.25 conv preferred
-Nopar
10
106%
20
Amer—5
of
107%
96
($1.20)—No par
Co
Automatic
31-
100
common—^-^Nopar
pref
prior
Autocar
24
44% Jan
Nichols
Austin
17% Mar 10
common
preferred-!
Corp
conv
*83
100
iNo par
L—
Atlas1 Tack
85%
31 '
—5
_Nopar
$3.75 series B—I
Powder
4%
7
4
15
14
19 y«
Jan
conv
Preferred
6
Jan
6% May- 5
11
Dec
.
4%
4
20% Jan
25
Dec
Nov
6%
109% Feb
14
24%
12% Nov
xll
—100
*25
preferred series A__100
preferred
non-cum
Atlantic Refining common
7
90
i.-
90 y8
y4
Feb
xl9%
106
■
98
92.
34
ii
114
•
100
400
3,6UO
a
t.
34%/
*90%
81
_
14%-
*
*
—10
97%
July
May
120
13%
11%
5%
Mar 18
94
30% Jun
Dec
Sep
30
200
'
8%
13%
-
66
20,700
p
94%
*105 >/4
95
*105 Vt
97%
May 23
590
5%
80
701
'
511/4
11%
Atlantic
1,200
10,800
*
5%
83%.
7
29
50%
50
39
94%
106 %
*94*106
106%
5%
5
4934
38%
95
95
"106
5(4,
5
49%
49%
98 %
Jan
Shares
79%
29
for
the Week
20'A
80
11%
47
7
20%
79
par
Dry
A T F Inc
Feb
20%
80
80%
7
53
20 %
77
28%
97%
Jan
Dec
29%
19'/2
78 1
--10
15
32% Jun•13
July
29
19%
78
27%
Topeka ft Santa Fe com
100
non-cum preferred*——100
5%
7
Jun
28%
19%
81
Line RR
No par
Atl G ft W*I SS Linei common—1
24
19 y2
Sales
June 17
X per share
27%
5
Goods
1st preferred.
2nd
28%
Friday
June 16
20%
49%
par
common—1
100
preferred—z
100
6%
!
X per share
'
Associates Investment Co
7
96
com
7%
21
98% Jan 27
37% May 16
84
No
No
No
No
conv
Associated
Thursday
June 15
S per share
share
19%
X79
5
com
preferred
Arnold Constable Corp
Artloom Carpet Co Inc
$4
11
May
19
Cork Co
preferred
$3.75
X per
share
'
Illinois
of
Armstrong
5
17% Aug
Co
Wednesday
June 14
27%
10
100
$6 conv prior preferred
3
18%
Dec
Dec
12 y2 Mar
ft
X per
No par
Corp com
preferred
conv
Armour
4
105% Jun
Steel
4%%
49% Jan 21
50%
99 "A
Jan
Nov
11%
Jan
2
115% July
Feb
88
103
26% May
Jun
1949
HIGH SALE PRICES
Tuesday
June 13
$ per share
Par
X per share
24
!
Monday
Monday, June 20,
RECORD
Saturday
EXCHANGE
Highest
X per chare
X per share
34%
CHRONICLE
STOCK
STOCK
YORK
NEW
Bange Since Jan. 1
Year 1948
t per share
FINANCIAL
STOCKS
for Previous
Lowest
&
5
5%
1
*34%
*13
91/4
7%
8
1
13%
9
f
35%
B
1,000
1
i
xl3
13%
Feb
16%
Jun
Jun
8
14% Jan
15
liy8
Dec
17 Mi
Jun
8% Jun
13
12% Jan
7
Baldwin
16% July
7% Jun
13
11% Jan
7
Baltimore
14% Jun
Mar
10
Babbitt
(B
Inc
T)
Ohio
ft
14
22% Jan
13%
Feb
31%
Jun
14% Jun
13
25
Jan
60
Feb
80% May
60y2 Jun
13
70
Feb
May
X38% Jun
14
47% Jan
Barber
Oil
7
21 Yb Jan
Barker
Brothers
15%
29 % j uiy
Feb
59
40% Nov
x20
'
28%
Dec
15% Jun '
Jun
45
Jun
36
31
Feb
45 Mi
Dec
39% Mar
9
Nov
10% Mar
9% Feb
15
Jan
liy8 Jun
3
36% Nov
15%
Dec
23%
30%
Dec
43% May
80%
Sep
90
32
6
Feb
Feb
14%
Feb
68
12% Apr
27
20% Jan
8
Beaunit
5
75
Feb
3
Beck Shoe
6
10% Jan
21
32% Feb
4
Jan
69
Mar
28:
Jun
8
30% Jun
14
37
10
16
Feb
10% Feb
14
14% Jun
14
17
Feb
92% Jan
8
98
Mar 21
21%
26
Jan
26% July
87 % Mar
Jun
,
13
93
Feb
•
Feb
37% May
25
30%
Feb
39%
23% Jun
23 y2
"26
•
23 % Feb
Oct
9
7
Bendix
5
Beneficial
Feb
15
30% Jan
22% Jun
14%
,
136% Feb
2
15
Bethlehem Steel
11% Mar 11
$ per share
26% Dec
30% July
19% May,
9% Dec
13
Dec
14%
tper share
24, Jun
10% Jun
Sep
32% Mar
17% May
44% July
19% Nov
29%
22%
8% Jun
37% May
9% Jun
33% Apr
.17% Jun
"
$ per share
13
30% Jan
13
•
14% Mar 30
/
,
6.
.
Bliss
(E W)
ft
15
13% Jan
8
Bliss
26,
42
7
25% Mar 30
Jun
.
%Par
v
Laughlin Inc.
1
Apr
22
27
Jan
18
56
Feb
16
64
Jan
12
Bon
% Jun
16 '
32% Jan
5
Dec
27% May
44%
16% May
38% Mar
Jun
2
7
42% May
*
7
54
7
42%
Feb
66% July
42% Apr'21"
Nov
96
1% Aug
Dec
42
6% Nov
26
Dec
7*4
Dec
25
Nov
25% Nov
92 %
Oct
16% Mar
5% May
Jun
71
26
Feb
JUn
17
13
5
6% Jun
14
20% Jun
27
Jun'
98
Apr
47% Jan 10
,
13
21% Jun
34% May,
37% Jun
Jan
9% Apr
3?
.
14
2
18% Jan
Feb
33% Aug
99
Aug
23% NOV
95
Jan
Jun
16
17%
18
"Feb
No**
24% May
Sep
7% Dec
124% July
120
65
Jan :
3
Mar
75
July
40
Jun
27
78% Aug
90%
Jun
21% May
43% Jun
29%
Feb
16% Dec
24% Jun
81
97
Mar
72% Dec
77
Apr
12% Feb
7% Nov
79
Mar
&V4 Dec
73
Dec
2% Mar
16
Mar
98% Jan
23% Feb
29% Jun
.
70% Jun
6
73
Jun
-
9
Dec
Nov
101% Nov
37%
Dec
14% Mar
a.. Mar
Mar
f
13 % Jun
10% July
7
14
x97% Jun
13
15% Jun
6% Jun
13
89
Jan
,
4% May
27% July
105
July
35% Jun
60
Jun
1
3
Feb
7
17
Jun
13.
98% Jun
10
20 % Jun
13
Jun
30
26
Sep
May
8% May
31% May
15% May
52
3
119
Jun
1
Feb
May
2
Jun
3% May
>.
Jan
-
92
,
4%
$ pet share
130%
130%
22%
22 %
22%
231/4
*9%
10
*9%
10
82
Feb
*9%"
5
17%
*24
27
24
No-par
;
l
pfd—100
-LNo par
Incl—i*
_5
Corp
preferred
comhion_*_l
—*
*9 V4
10
9%
•40 y3
45
*40%
18%
17%
25
18%
24
40%
x43
«
*89%
1%
1%
1%
27%
6%
26%
30
30
201/4
20 y8
Nopar
'k
31
*3 W*
96%
*95 y2
64
*26%
14% V"
121
12%
30%
31
7%
14%
""
14%
45
Jan
24
Cannon
Mills
*
Ry-'
--25
Nopar
21%"
1
21%
28%
'
£
98%
16%
13%
16
14
20%
1,000
*28y4; 28'%
1,400
20%
a -
70%
78 1
12%
90S',
2077,
301/2
961/2
400
98%
16
500
30%
•
I4%v/
*62%
•
44%
63%
28
*27
89%
12%
30
,130
200
28
*88
8934
*12 %
12%
60
7,900
8
63%
fc
62%
28
*86
7,300
121;
7%
,
50
14%
f
121
8%
t
12%
30%
15
5,700
16
1211%
*
3,800
9%
16%
7%
63%
100
,
28 y2
9% /
98%
■-
-*120%
8
101%
.
28 y4
30%
30%
14%
15%
80
81
*80
82
*80
70 y3
^
*71
72%
*70%
72%
78
*73
78
*,73
200
,
900
J
2,000
\
is y„
*70%
*73
15%
12,700
70
,82
,
-
13%
7%
70%
*73
14%":
78
13V2
7%
137a
7
3%
98
*98
-
3%
13%
«
7%
100
7%
'
98
6%
6%
61
61%
3ya
3%
1
3%
17
54
1
3%
17
xl0'/4
10%
XIO31/2
103 y2
39%
39%
•*16%
1
10%
17%
41
11
41
17
5
17
3%
10%
*40
61
*3%
13%
14
7y4."
•
71/4
61
61
80
620
61
3%'
31/4
1,300
3,600
6%
,161/4
6%
7,300
7%
100
♦99
3%
900
18%
2,500
18
*17%
99
981%
981%
98%
98%
21%
*20%
21%
*2QV2
21%
31
31%
1
54
1 %
31%
*53'/,
iy8
*17%
18,
i
31'
31%
*53%f
54
1%>
1%
)
••
3%1
.
50
400
1.6CO
31
54*
1%
3,900
3%
3,600
3%
3%
17
17
17%
I71/2
17%
17 %
11
10%
10%
10%
11
10%
11
105
IO3V4
103i%
103
103
*101%
103
*371/4
4oy2
39
39
38%
38%
70
*16%
17
16%
16% •116%
100
10%
10%
<1
10%
10%
f
*40%
41%
'•
40%
40%
nr,
3%
*103
17
31/8
6%
-13%
98
17
•
10%
*38 %
61%
71/4
17%
*53%
1
3%
*16%
6%
13%
98
78
*21
54
1
7%
100
72
i
*98%
1.
100
*531/4
13%
98
.
3%
40%
17
10%
41
1
10%
*40%
3%
10%
'41'/a
*16%
28.
1,800
4,600
31
*96%
-
14%
120%
6%
28%
9%
*30%
30%
*96%
28%
110
31%
*101
101 %
9%
9%
3,200
'
6%
281%
*101
700
1,100
6%
22»/4-. 22%
21%
281/4
101%
26
i
:
,
*3012
6%
22% .,,22%
28i/4 7
1
6,300
1%
,
6%
14%
Calumet & Hecla Cons Copper
Pacific
221/4
70
1
.
94%
26
32
6%
1,300
,
43%
,
t
3iy»
Canadian
21%
43
6%
*28
6%
39%
:
27
6%
32
12%
.
31
•
26%
6%
40
241/4
*171/8
17%
8IV2
*80
311/4
Canadian Breweries Ltd_____No par
27
63 y2
.
14%
311/4
-
,1%
89%
*53'/4
May 6
18% Apr 11
14% Jan
7
1%
1%
28
California Packing common__No par
5%
preferred
-50
Callahan Zinc-Lead
1
41
3,500
*90%
*87
Apr 18
1% Jan
7
5
Campbell W ft C Fdy
_No par
Dry Ginger Ale com
1-1.66%
$4.25
conv
preferred
Nopar
Canada Southern Ry Co--.
100
39.%
43%
94%
75
20%
Can
,
43%
*26%
20%
=
39%
*90 ;
*1%
r
43%
94%
-
120%
-
12%
20%
36% Jan 26
;
)
40y„
■
*
89%
20%
—;
3,400
27%
12%
-No par
participating preferred—100
17%
64
*87
/
81%
♦73
;
27%
89 y2"
*69
17%
,
■
27%
12%
14%
350
17%
64'.
89
'
61
16%
13 7 a
24%
24%
*30%
>
121%
7%
64
*80
13%
-
9,900
j
9%
31
*120l/»
-
*
7%"
300
18%
18%
-
i
28
16%
?%"
19%
4,800
91/2
45
23%
21%
96%
16%
*401/2
61
*101
9%
y8" 16%
-31
*95%
18%
'
*9%
9%
45
241/4
*28
-•
-
27%'
9y8
*9%
*40%
4,000
9'/8
'■9
61
6®a
101%
27
9%
9
2g t
300
11%
11V2
9%
24
*29
2ay4
27%
*101
28% "
27
*16
20%
101%
Shares
25
24% "
6%
22%
11%
*24'/4.
23%
27
6%
.21%
...23
the Week
share
60%
iy2
30
6%
28%"
28
101%
STOCK
6%
Sales for
X per
24
*90-
6 %
*98%
58
9%
700
Friday
"
24%
9
9%
42%
.
26%
6V8
..
30
CLOSED
43%
,
*60V4
common
Co
1,400
61
40
4
40%
42%
♦89%
;
61%
Byron Jackson
700
.
.V
*23%
,
95
1%
6%
-EXCHANGE
40%
.
95
98%
26% Jan 24
■■
23%
*23y4
-
45
17%
27%
-
i
41
43%
*60%
''
131
40,600
*59%
-
61
6ya
M)
*130i/4
400
3,400
•.
June 17
11%
''
18% -.19%
24%
24%
24%
*59%
6%
7%
'
200
24
9%
*24%
9%
45
6Vb
common**
(A
8%
10
_15
Co
11%
98%
25
23%
June 10
24%
11%
8%
8%
x97%
Byers
24
IP/4
11
pr6fefred__100
Bros
'
24%
130%
•:
27
X per share*
X per share
-'
T
17%
Jan
109% Mar 21
40% Jan
1
Bldg 7%
27
27
Thursday
June 15
17
104
4
13
*40%
13%
4%%
6
10% Jun
8%
preferred —100
Butte Copper ft Zinc
5
2
10
16% Jan
*23%
11%
8%
Wednesday
June 14
t per share
-
10%
120%
—
4% Mar 20
24% Jan
24
1Q0
*
Butler
5% Jan
Jun
1
—
7
Tuesday
.
per share
—5
common*
7
.
12% Feb
103
,_15
9% Jan
-
1,200
24%
130%
24
—15
Bush Term
9
121
*23%
130 «/2
June 13
15
4
16% Jan
,
10
24%
130 y2
Monday
100
Feb
Feb
97
130%
Saturday
—__5
May 14
77
4,300
*94%
23%
9%
8
22%
96 %
24%
23
.
22%
J
23%
9%
!
7%
■
500
LU.ll.
9,500
76
23%
23
2,000
27%
*74
23%
17
100
3 % % conv 2nd preferred;
.100
3% % preferred
*—100
Burroughs Adding Machlne-INo par
Bush Terminal
1———*1
77% Jan 25
,
'
7%
24%
17
common—No par
=
27
23%
267/a
9%
14%
12%
*23%
23
400
93
26%
9%
1,700
76
*94%
30
*
12 1
14
24%
*23%
24
17 y8
common
j
Watch Co
32
*11%
26
22%
Bulova
7%
23
:
20
500
29
32
*11%
,
27%
*74
96
*28
■.
*90
26%
Briggs Manufacturing .Corp__No-par
Briggs ft Stratton——
>
No par
Turlington Mills
10
7%
76
K'
7%
11%
27%
23
*7
93
11%
*90
:
.
14
13%
13%
93
25%
*23 y4
17
Buff Nleg El Corp 3.60%
7
Feb
31%
11%
24
23%
Co
—
7%
40
500
71%
71%
28%
11%
26%
6%
Co
28
*31%
:
'
i'
%
7%;
23%
No par
Bullard
7%
*93
23%
,
preferred
Buffalo Forge Co
;
73%
*22%
95
23%
Brewing Corp of America
Co
*71%
700
13
*74
.
59%"
4
Co; Inc
*12%
26% .27%
.
1,500
41%
12%
11%
-
1,600
11%
11%
23 %
Boston ft Maine RR (assented)*100
Bower Roller Bearing Co__i
:__5
Braniff Airways Inc
1
2.50
Shoe
f
11%
h '
23
95
4,600
v.%
10 »/2
12%
11%
13%
76
95
150
41%
;
41 1/4
41%
26
—
$5
11
18% Jan
22% Jan
19% May
47% Dec
page
17
9% Jap
37% Jan
see
X95
400
94
28'/a
*90
.
12
4iy4
*93
31%
.
7%
22%
*74
23%
(The)—
Budd' (The)
13
16% Jun
44
May
Xl9% May
For rootnotes
•7%
,
59%
preferred
Bucytus-Erle Co
7% preferred
,
Mar 29
36
.
14
Jun
Dec
54%
5
Apr
Jan
Feb
15
6
40%
21% Dec
34
91
.
7
Jan
52
Jun
19
May
Mar 19
69% Jan 31
.
Co
3%%
Brown
9% Mar 30
15
13% Apr
77
Jun
27% Mar
1% Dec
25
88
17%
8
23%
"76
*74
41 y4
*10%
*93
31%
26%
26
40
1,800
!'
t
36%
*36
:
7%
*28
*
—INo par
$3.60 preferred —
No par
Brunswick-Balke-Collender —No par
4
17% Mar 14
1
100
114
13%
27%
X22%
.
Bristol-Myers Co common—
2.50
3%% preferred —„,_2
jIOO
.Brooklyn Union Gas
;_LNo par
Brown & Bigelow
l_l
,
5
Apr
.124'
13
Apr 26
12% Feb -15
Jun
-
Feb
16
31% May 16
99 % Apr
8
22
86
12%
62% Jun
i
6
Feb
10% Jah 21
Feb•16
7% Jun
30% Dec
Dec
rl3%
—No par
—1
Bridgeport Brass
7
Jan 1
'
,X29% May
-
3
13% Jun 14
120
11% May '
«
Jan 10
103
6
16
27
9"
,
16
33
"
29% Mar 14
90% Feb
Dec
Jan
29*
,
14
23% Sep
12 ya July
8%
j
8% Mar 30
25% Jan!
11% May
Jun
A
class
+—1
Bond Stores Inc
Borg-Warndr Corp common
,
35% Feb 17
6% Jun
36%
101%
'
,
10% May
x27% Mar
Jan
Co
B
Borden
91% May 11, ,\ 96 " Mar 5
2 % Jan 13
1% Mar 9
May
Ami
Class
18% Mar 30
,
*
87%
32%
13%
161/4
94
*11%
.
12
11%
2.50
„
23
.
\
31%
041^
—1
Jan
Nov
30 %
ny8
;-'7%
'
*
Jan
23
28%
*28
39%
73%
*7
7
*11%
June 11
-
96
16%
*71%
23
51
37%
71%
130
57% Dec
Dec
71%
100
30%
Dec
73
12
:
'
Blooihlngdale
13
94
13
26
brothers
i.___Nopar
Boeing Airplane Co_——
—5
Bohn
Aluminum & Brass
5
Apr
11%
41%
*12%
No par
—1
Co
11%
11%.
3,800
•'
94
*9oy2
-
12% Mar 18
10%
41%
11%
Black ft Decker Mfg Co
No par
Blaw-Knox Co
—No par
12
41%
10%
•
7,000
t!
151/4
60%
*15%
36%
41
10%
.
17,500
LOW AND HIGH SALE PRICES
••
i
.
36%
41
10%
11%
94%
Nopar
EXCHANGE
,
36
40%
/
12%
rl3%
com—No par
NEW YORK: STOCK
Highest
16
12%
28%,
16%
15'/4
*60 '•
40
;
94
7
15%
.
600
8,800
i
*38%
*39
*15%
13
33
1
—
16%
42
42
■
16 %
60%
36
41
10%
*90%"
,
1
*
16
16
*15%
38
*92%
8%
15%
43
STOCKS
Range Since Jan. 1
Lowest
Highest
t per share
Feb
(Del)
*iiy4
7%
60 y2
39
39
S
11%
7_10
-
1% preferred
'
Bigelow-Sanford Carpet
Birmingham Electric Co
31% Mar 21
Year 1948
*13
't
.
'
,
11%
9
15%
92%
11%
Cum pfd $4 div ser of 1948_No par
Bange for Previous
Lowest
com
1
7
9%
-
16%
*59
15%
*36
"31%"
,
Foods
40%
10%
'
8%
601/2
15%
,
,
39
15%
*28
Cum pfd $3.25 ser Of 1946.^No par
Best
9% May 31
Jan
50
Appliances—__33y3C
Loan
41%
*71%
5
Indus
36%
x38%
7 •
—
Best ft Co
33% Jan
.«
—*100
7
3
129% Jun1
37% May
Home
15%
151/2
61
I
13
common.'—__10
Co
39
15%
15%
15
43
—1
1
*
14%61
92%
-
—10
Co
—
7
*
'
—w
preferred
Jan
13
139% July
Howell
Jan
26% Jan
RR
16%
15%
61
1
Bendix Aviation
98% Apr 26
5
11
Dec
Mar
26%
ft
4%%
11
May 10.
Nov
125
Bell
78
4
Jan-
Creek
24*
24
.
6
18
34% Mar 30
6% Apr 13
21% Feb
73% Jan
102%' July
30% May
Dec
Beech
8%
11%
25
,Corp_!
7%
10
2.50
(A S) 4%% pfd—^il00
Aircraft
7%
40%
—•
-
7%
36
100
Mills, Inc
8%
15%
-—Nopar
common!
Beech-Nut Packing
Beldihg-Heminway
Bell Aircraft Corp
1
11% Jun
Jun
86%
Beech
Co
9
39
1
5
pfd
conv
8%
14%
Corp——1—1
Inc—,
Foods
3%%
Mar 30
11% Jun
Jan
38%
<
Beatrice
9
.8%
60 %
50
-
-
8%
15%
.
1_10
—
*13
9
7%
,
1—100
common—50
Co._
Works
Cigars
Jun
May 14
19% Mar
Dec
.
Bayuk
45
Nov
9%
21
20
.
96
Dec
'
Oil
Bath >Iron
4
24 %
Dec
Dec
26
preferred
Barnsdall
.
25
103%■ Jun
10% Nov
90%
4%%
3
Jan
34% Apr
37% July
207/8 May
Feb
14 ya
10
12
87'/a Feb
6% Jun
32%
Mar
Jan
#100
common—
13
8%
preferred—100
Corp (Delaware)10
5%
Jan
100
Dec
30
41
49
13% Apr
17% Jan
4
commons
Aroostook
ft
1
preierred
non-cum
Conv
22% May
10% Mar
09
Jun
4%'
Bangor
,
1
-
Works——*13
Locomotive
ii>..
t
f
700
6,700
80
I
24,900
200
S
Volume 169
THE
Number 4813
COMMERCIAL
NEW
Range Since Jan. 1'
Year 1048
$ per
'
11
Feb
48 %
Apr
2% Sep
100 %
18
.
'
Lowest
t per
15
100
.Jun
eya-Apr
108
7'
.
17
i
LOW AND* HIGH BALK PRICES
Feb'
-
7*
,
32/
26% Jan 17
29% Mar-29
Carolina
3a
*
41% Jan
25%: Jun
a5%:JanJ 29
Carpenter; Steel Coz—
19% May
43% Jan
30% Mar
12%
Dec
3Q
Nor
;
6% Mar
,
35Va
Dec
130
Feb
23
July
12%;juri
;e
9
May
52%. Jhn
147% July
131
,
Feb
.
Apr ;23
.97
Feb
105
97
Feb
140
X114
July
<
May
34% Jun.
17% Dec
16
20 Vb
.
18% Jan
151
14
1,7
3
ioay2 Nov
6
Jan
Oct
10%
Dec
15
Dec <
11;
18%
Dec
28%
12 y.
Nov
7%
12%
30
—ICO
,
*138
±_l—lo
preferred
20
16'/2
16%-
16>
5
15yr*
15y8
15
15«
.1
7%'
Sugar Co——
7
Central 111 Light 4%%:
84
Jan
19'
13
35% Jatt
20'
12 y2 Apr
20
9 Vel Feb. 28
11% Jun
6
16
May
Jun
Jun
6% Jun
3%^
Apt
15% jun
13 *
21 y* Jan
11-'
20-
May
?9% Jun
14
13% Jan
6
Cerro de Pasco
No par
Copper Oorpi—5
3.
3y«r
*99%
15
,
''
v
16%r
16%,
7%*
"7%'
108'
7Va
*107
*80J/416-
82-
10%
11-
10%
10%
10%
18,300/
*98%
100%
117
200
14
15%
14t600
15%
7%
1,300
2,200
117
13%
35%
*15%
"7%;
•
stock
6%-
6%
exchange1
15%:
*6%
16%
9VA
82
16%'
16
'
9%
23
ley*.
800
7y8
107%
1,800
,
7%
107 1
82 y2
16%
16%
*80%
16%
500
10%
10%
10%
11
10%
10%
*6%
90
82%
16%
7%
16%
10%
*10%'
10%
*6%.
16»/2
9%
IVa
*6%
7%:
■
16 y4
;
600
•
*80%
10%'
"
290
3y4
13%
3%
12%
14
7%-, 7%'
107 *
107%:
82 y2
16
.7%p
15%
'
17
10% 1 10%
10%
*80%f
17y»
*
50
5*000
25%
<
:
107%
*80%
10%"
10%
.
*13%
.14
7%'
'
107
107
.
137
i
28%
'
*107
3,100
25%
-7%
3%
*3y8.
3y4"
-
*13%
'7%/
7
30%
'
7%-
-3
13%
♦13%
7 Vr.
-
■
I.OOO
28
16'/4
15%>
-
200
6%
*135
il4%- 16%.,
16
3,200
32%
30%
115% 417
16%
400
13
/
32
25%
iocy4
100
-
2,500
*6%
28%
25%
80
*
'
135% l135%
'27%
*16 %•
7%'
3;- .
!
7 Va
■
pfd——100
Century Ribbon Mills——i..
7%-
•
13%"
13%'
'
Central NY Pr- Corp 3.40% pfd.f.100
tCentral RR of New Jersey.
.".lOO
Central & South West Corpcom_5
Central Violeta Sugar Co
,
29.50
•8% Mar 29
13
77/8.'
13
•
6% '
30%
25 y2
3,900
277/8
26
*25 ?
28%-
J17\
16%- 17%^
16'
:
4——
-27%
13%
-
30
'6%
100% 100 »/2
33
6%'
39%
~
X1J4v
16%-'
Central Hudson G St E Corpi_we par
79 W May 24
xlOO
1*17 '
*115-
16%-
Central of Ga Ry Co' vtt—No par
5,% preferred series B vtci—100
Mar
27%
x24 y2
16%'
5
110
118
•
"
138
*136
"27% "
24%- 25 y4*99%; 100*
*99%" 100%"
117
138*
25%
.
16%
8
3
'
"
Central Aguirte
7:
25
i~_No par
Corp common.
Central Foundry Co„—_
.
27%
13%
*31
6%*
30 %"- 31
30
138
140
27%
13%-
6%
200
54
6%
28
26%
*26%
33
*31
6%-
30
26 Va*
12%
"
13
27%
27V8;
*25%
32%
6%"*
'
30 Va-
24y-j>
•
12%
*31
'
6'/z
27%
26*
Shares
12%
54
6%101 y4-
101%
101'A-
the Week
*12%
54
6
Sale* for
$ per share
12%
54
6%*
*iooy4
27%
25%
32y*
x6%-
10V
2744
'
12%
*3r
•
25
-7% Apr
104%: Jan
Jun
83; May
39% Nev
7% Jan
26 y8
24 Va Jan:
:Jun
ioy2 Jun 13
74
V
27%
.6% Mar: 4?
8% Mar
108;
5%
Jan 21
11% Mar 14
14=
Celotex
101,
26
-6'
6
*12 Va"
54
*52
54-
5%
191
27 Ya
12%: Jun. 17
38%-July
_
Jjun
.IVa May 31
*100
Corp—i—L___ 1
»,
*52;
'
Spershare
12%:
12%
Friday
June 17
June 16
■$ per share
12%
12%
5%
a!
CO commons
preferred—
54*
>
No par
L
1
'
Thursday
June 15
June 14
$ per share
-
12%"
5 '/a*
$4;75 1st1 preferred!., ——No par
7% 2nd' preferred.*
;
;
L—100
11
12%; Jun
Dec
6% Dec
7%
7
n
*52
Wednesday
Tuesday
per share,
*12y*
L100
Caterpillar Tractor newt
6
15%: Jun
$ per share
Celanese Corp of Amercom—No par
7:
26% Jan
11%-Sep
5% Dec
23y«
Mar
131% Jan
13% Jun ,17
JL8% Feb
Feb
Mar 12'
105.
St1 General
Case (J U
7
15
Jan
Dec
63/4
.
..Jun
June 13
—1
Power & Light
Carriers
29% May 3P
32y4 Jap{ 7
Apr* 22
123
22% Feb
140
7
i
9'
37%: Jab
par
Monday
June 11
5
Carrier- Corp-common
2
t—1
10
Conv preferred 4%' series—50
37
May 5
7% Jan 17
Jan ill'
23%
Jun
16y4May
4
2#
Jun 10:
26%> Jun
39%
14>
.Feb
30
•
14
.
■
Capital: Airlines Inc_
Carolina Clinch & Ohio.Ry
6
li
(2651)
RECORD
Capital Admih class A Common.—l
$3 preferred
—______—10
55% May 11'
4*
5%:>Feb 23
110% Nov
Jan
....
26%, Dec
Dec
CHRONICLE
Saturday
4
EXCHANGE;
f per share
-fhare
Mar
50
Aug
8% Mar
i
STOCK
NEW 'YORK STOCK
Highest
12%* Mar 23
May
56'
.
Feb
•
Highest
$ per share
i
sharq
YORK
FINANCIAL
STOCKS
Range for Previous
Lowest
&
9%
16 V2.
16%.
16%
2,900
II,800
'
1,100
200
3,000
"
•
24%
Feb
17%
Feb
33
26%
Jun
Feb
100%
Jan
91
7%
Dec
Jdn
15%
«
25 Va Mar
8% Jan
3lya
76%
Dec
45
Dec i
1Q
Jan
May 24'
29%'Jun 13
Jan
901
Va
79
Jan
i3
Feb
85
23"
18%
"9%-' "
9y8>
:
23%',
18%
10%
91
-
*91 %
; 9%
*22%' 24
18%: 19
91
*22%,
18Va
92
.*91
24
5%
5%,
5%,
,*5%
18%
*18'/a r
18%v
18'/a
Feb
9»
July
17% Juljr
-14% May
29%
30 y2
80%
so y2
7% Feb
9
Nov
Jan
6
12
Jan
v
9%
13%' Dec
:
25%
10% Apr
14
14
10
9
18'A Jan
5'A Jun
"
Jan
5% Jan'
13 v Jun 13
Jun
4%'Jun. 13
13
Jun
29%, 30 ye:
9!A Jun
Jan
15
29%
30%
.79%
80%,
'.3%
3%
3%
8%
9%
8ya
8l/a
,
21'
Chic Rock Is:& Pac RRiCo—No par
x2G%
27%
20
x57>/2
57 y2-
May 11
4
*10
11
19%-May
4%- Apr
63 V* May
x!3
* •»
2% Jun-
,
{
5%/Jan
7
Nov
19%
Nov
27,
36%
Jan
Dec
48% July
10!
Jan
Dec"
84%
Apr
79% Jun. 17
83
35.
Jun
25
Jan
3
29% Jan 27
May
38% Aug
July
16
Jun
6
18%-Jan
7
20% Juri
14
30% Jan
8
88Jun
77
Apr
5
101 y4 May
x20
May
Jan
111%'Jun
Nov
.34% Apr
i08% Jun
43
-Dec
Dec
12%
Dec
23%
Nov,
16
3
16
25% Jan 26
;
11
14
73
Feb
17
6
43
Jan
26'
105
•35%
25% Jan
Jan
10%
Jan
36% May
Feb
Dec
Dec
15'AJan
2
10 y2
3
7
.5% Jan
Apr 23
22%
2;603
2,500
50
50
100
51
*50
26%
56%
68
*-10
15"
Nov
16
Feb
12%
Feb
16
Feb
•
22%
Jan
5
*Ma
f3%rl3%-
13%-.
>2VA
,
v.
207/s
20 Va
20 Va-
20%
47 VA
47%
47%
7 V*
6%•
7%'
36
19
12% Jun' 13
Oct
Jun
15
Jan
19%^ Jan
6
33%
■31
32 y4
31
447/a
45 Ve
46 V*
.45%
46 Va
45 Ve
287/a
29-
29y8'
29
29 Ve
29
29%
101%
101%
102-
102 y4;
*102
9%
Deo
18%
Jun
•7% Jun
10
12
Jan
7
Nov
9%
11
18% July
8% Jun
15
13% Jan
8
17% July
7% Jun
7
11% Jan 10
32 y8 May
17% Jun
6
24% Jan
10
31% May
16%' Apr 30
237/a Jan
10
Columbia Broad Sys Inc cl
Class Bt—
13
■
33%,
7%
*6%.
7Ve-
7%
Feb
14%
1
9% Jun
7
12
1/128 Jun
10%
7
5/64 May 27
liyaMay 9
Jun
7% Feb
13% May
Sep
Dec/
10
Apr
28%
48% Mar- 2
26% Jun 13"
78%- Jun
37%, Apr
Dec
58
19% Jun 14
491
21% Apr
Rights
$4.25
32 Va Jan? 13
'
21
18%
Feb
•
36%
Jan
;
90
Jan
x!6
Nov
28%
267/8-May 13'
21V* Feb-11
Jun
52
46% Feb 25
53% July
July
29% -May
-Jan
14
95-
17% Jan
79%
79%
*25%
26%
800
17%
17%
17%,
17 VA.
*16%
i7y4
*16%
.17%
600
20%
21%
175"--
*125
39%
64j/2
39
12 Vt
26 y2
26%
70
39%
40 Ve
40
my2
112
21%
21%
'
3.60%
2%
3
3
3
27%-Jan
7% Jun
7
27%
X24%
4
Dec;
Dec
32
106
<
Dec
Sep/
•
Mar
21
103%
Feb
.
37%
4
137%
1
74%
64
*63
64%
*63
38%
*37%
38 y2
38
38 VA
50
12%
12 VA
12%
12%
12%
6,100
26%
25%
•26 VA
26%:
26
26%
fa.JOO
-4'
4%
.
4%
*4%
•
21%
21%
217/a
21%
138%
*134%
138%
*73,
74%
*73
74%
.
Dec
19
108% Dec
Apr
11
Jun
8%
1*
.
'
29% NOV
-
-Oct-
8% NOV
5
7
Consol RR of Cuba 6%*
12% Mar
8
16
9% Jan
7
.8-
Jun
36
May
Mar
8
Dec
105% Apr "20
Jan
108% Mar 25
37% Jan 22^
27% Jun
97% Apr
13
13% Jan
3
85
Jan
5■
93% Jun
May
July
30% Jun
95
:jun
6,
13% May
>6 1/a Jun
15'.
...
99»A Mar 21
9 Vb Jan
2
'7„
Continental
7
-
48%M&r*: i;:64%. Oct:
;
For footnotes-see page
58% Fe'0 2A :
28,
63% May**9
,
*94
94%
35
290
35
94
4,400
100
94
94
94%
14;
14
14'/.
147/a
14%
14%
14%
15%
15%/
15%
16
16 Ve
161/8.
15%
16
12%
12 Ve
12 y2
12%
13
13
13
15%
15%.
15%-
15%,
15%
15%
94
,
,
'
9
13
13 y4
15%
15%
7%
7%
7%
8%
8ya
8y4
*8
9Va
sy8
8%
9y4
9y4
9Vz
.14%
*8%
-
*15%
.
2,600
2,700
8,900
1.300
.
J
7%
9
>
.
.
390
8%
350
9%
'
8
9%
17%
17%
17%
,17% -17%.
17%:
i7
17
17
97/a-
10
1/128
8%
—
9%
9%
20%
-r
19%
19%
•"
—
27%
19%
w
-
*9%
9%
27%
27%
19%
19%
1,000
28;600
45,500
10%
2,300
56
27
.
2,300
10
*53%
56
17%
17 y4
—
-
*53%
20
17 Va,
10 Va-
60
9
17 Va
'
10%
•
56
27.
27%
—
10%
*53y2
56
26%
—
9%
,
17 Va
10
9%
10
f—
M.
*53%
27%
20
-
9%.
9%
26%
v
10 V
■*
-
56
*53%
;
8%
°8
.
17%*
1/128
*8
8%
17
►
>
17%
17
9
*8
8%
17'/a
8
17%
22%
27
2,900
47%:
.
4»y8
95%.
95%
5
Continental insurance———.10"
24-
23%
24
24%
19%
19%
'
23%
1,300
23%
49%
49%
96%
24
48%
49 VA
49 Ve
49%
96 •
95%
95%.
96%
96 Va
14%'
13%
14%
14
14%
3%
96%
48 Va
48
*95%:
'
*
'
14
-
'
i4y8>
.
13%
■
'
3%
3%
-
3%'
•
'
•3%
*
94%.
95%.
25%
25
28
25
2%
00
•
::
2%
,2%''•
%llVe
-
*8%
38%
14%,
>10%.
'
-11%
8V4
•'
8%
2%
96%
13%
14
2,000
4,400
10%
7»/4-
7 %-
8%
•
217/a*
*8%
15%
8%
10%
7%
7y«
9
8%
34Va
34 y8
106%
107%. 107%
,
03'
28
..
,
1
t
j
107%
27%
93
,*93%
108
.
1
27
2%
,2%
2,900
22 Ve
106%
22 y4
106%
14,900
1,600
600
11%
*11%
*8%
9
40%
34%
34
9y»
-
4,000
2,100
40%
16 Ve
16%
16%
*ioy4
10%
7%
7'/4
7Va
9»/4
.
8%
9
34 Ve
106%
106%
107%
28 Ve
108
108
27%
96
500
1,800
10,100
800
34%
630
107
108
27%
28
96
34%
106%
*107%
107
95
39%
10%
.16%
*10%
7 %-
106%
23
1,300
11%
*8%
10%
34ya
28%
25%
107
*11 Ve
8%-
.
•
107 y2
93
900
25%
*25%,
.2,000
14,100
2%
2%
ll»/4
9
.7%
22 Ve
..
*106%
40%
108 Ve
93
2%:
97
25%
7%.
27
22
106%
39%
34%
28
25%
*26
38%15 y2
106%, 106%
*34 Ve-
7%
25%
25%
25 Vz
25 Va27
560
27%
4,200
'
!>
*94%
13.%
13%
13%!
.13%
13 %!
13% >13%
92%
92%
94%"
91%
«!%,'
91(% '91%
(
92%
32
32%
32
32%
32%
32%
32% ^32%
1
32%
*93%
95%
96
96
95
95
90
96
6%
6%-
6%
13%.,'.;
>
•Xl3%
x9iy8
'■13%, t-t
P%
6%
6%
6%
57%
57%
58%
"
58
58%
57%
58
*57%
*95%
230
96
92%
32%
!
5,800
45,600
25%
77/a
96%
-
7%
60
i
3%
3%
96 VA
,
14%
10
7%
25%.
11%
9
38%'
■
106%
39J
*14%-
15
7%
'
*
ii-
,.
26%
*26
2%
*8%
10%,
i-
107
11"
9
39%
r
22 y8 :
106 */2
96
7%-.
27
.21%.
22 Ve
106 VA- 106%
■
,/25.
*26
26%
.
7%
^7%
7%;
.
•
26
"
3%
3%
03%
25%-
95V2
95%
25%
-
*26%
.com——No par
Diamond Fibre—
22%
23%
,
1
of America, com..20
4% preferred
:
,—100
.Continental Baking Co cora._No.par
$5150 preferred
——.No.par
Continental Can Inc* common!—20
$3.75- preferred
——No par
15 y8 Jan 21
,
35%
14 Va
'
Container Corp
36% Mar 30-,
-
94
35
35
15%
94 Va
7%
$4.50 preferred
1
i—No par
$4.52 preferred—j.——t—No par
5*'
93
99.
Jun
17
17% July
.92% Sep
4Q*
--
Consumers Pbwfer Co
4-'
108
61
__1
15
pfd.—100
Consolidated Vultee Aircraft—!
12y4 Apr 13
6
30% Apr 27
103%. Apr 27
6i
12%
Consolidated -Retail Stores Inct-v—1
Consolidated Textile iCo Inc...
10c
D9% Mdy
Oct
10% Mar
92
46 JA-Mar
Jun
-
34%
34"
'
Grocers Corpt._l.33y3
2iy8Jan
42%
84% Mar
Consolidated
:
900
125 Ve
*124%
*970
15%
J,—i—No par
14
13
106%
Dec
90
8
61%
*970
40
74 Va
13%
Coppermines Corp1—5
preferred..—_i
7% Jun
16% Mar
35%
Sep
33%
10
106% May
Dec
$5
Jun
11% Feb 23
10
15% July
7% Nov
100;
*94
CLOSED
Consol Edison of N Y comi—No par
9% Apr 30'
-
15% May
98% July ;
Consolidated
21
14% Jan
6
14
29%- Sep
-
4% Jan
23% Mar 30'
107% Feb
Feb 23
38% Jun
Jan
51'
Deo
29%
STOCK
EXCHANGE *
*7%
Consolidated Laundries Corp^..:
5
Consolidated Natural Gas...15
8C
T2%' Jtin
Deo
Dec
14
21V2 Feb 25
125%.
*61
61%.
*73
74%
125
125
61%
*970
"33%
33%
25%
i
'2% Jun
25 % July
125
em
2,600
138%
*
Publishing IncJ—No par
Congoleum-Nalrn Inc.—1
.No par
Consolidated Cigar
—No par
May lp •
61 VA
61
*970
*—25
-Feb
30
700
4%
*134%
'
Conde Nast
29
150
21%
*134%
124% 124%
124%
33%
i__No par
8
13
64%
■
4%
4y4
22
*73
*970
-.100
preferred —J
Solvents'^..——No par
9% Jan
11
210
900
108
12%
63
137
137
*73
No par
Commonwealth Edison Cb.^.
:jun
*106%
:
;
'preferred series—,
108
4,700
21%
*20%
*37%
39'
21%
22%
137%
2.50
7*
25% Feb
25
May
6% May
xl8%; Jun
Dec
10%
;
xl06
;
11% Mar
8%
1
$6
40 Ve
ll2Vz
*112
20%
700
rto
22
Commonw'lth- & South cora__No par
4May 16
103y2 May 9'
■Jan
89% Jan
25V8-Jan
3%; Oct
Nov
8%
3
Apr
29% Mdy
ll%May
36%JUiy
Feb
Dec
25
112 y2
*106 7/a
*1067/a -108
39%
40 Ve
.
20%
23
*217/a
20Va
X26%
4
175
*60
20
12%-
12 Ve
^37
,.
*125
70
*60;
,
62%-
62%
*37
,23
175
70
111%
40
111%
21
21
-*106 %■ lOff-
*22
*125
22 y2
175
*60 "
•70
111%
4
*21%
21%
*60'
21%
63%
*79%
175
*125
70
xl2Va
Commercial'
7
"
90
Inc
500
84
26 y2
40%
Commercial Credit common——-10
Mar 17
100%-Jan 31'
12
13% Jun
104
Superheater'
8,803
7%
*7
1,600
47%
*79%
111%
common—No par
Engineering;
7
20
*25%
*106 ya~ 108
cum
Combustion
7
,290
102%
84
39%
A—2.50
preferred w w*._No par
Columbian Carbon Co—iL.,..No pari
Columbus; & So Ohio Elec Co new_5
20.
47y8
25%
111%
——
Columbia /Pictures
May 16
102 y2
20%
48%
25%
*21
2nd preferred—-100
:
102 Vx
20%
47 Va
'
■
390
29j300
7,200
26-
21%
Columbia Gas System Inc ;__No par
Dec
20% Dec
Nov.
20
non-cum
,110
45%
28%
*32%
6;600
26
*60
.No par
——.1
com..No par
5%
conv
preferred—
—-.20
Colorado St Southern Ry cbm-.—100
4% non-cum 1st preferred
100
24*
31
*32%
44 V*
,
81% .81'/4
*125
Colo Fuel1 & Iron Corp
24
37 VA
82
X60%
19%. Feb
37 VA
100
2%
37 %.
Shhtes
13%
2»/4
26%
17%
17%
A—
Coca-Cola^ Internat
17% Jan.
'*13%
2y4.
*81%
Class
94% Jun
8
the Week
*36%
37y4,
37
36
Baler tor
<26%:
X124%
Mar 22
15
Friday
."Tper share
ay4
«■
43
——No par
Corp....No par
Colgate-Palmoiive-Peet- coxh-.No par
$3.50 -preferred
i
—No par
Collins &*Aikm?i,n Corpj—l.-No par
Colonial- Mills Inc—i.
—.5
89' ' Jan
11%
June 17
Thursday
20%
47%
Coca-Cola-Co (The) common.No par
xl3% Feb 17
•
•10%
11
:13% •i3y8
2y4.
2»/4
2y4-
20%
9
35% May
2,200
June 16
47 Ve
preferred—
1_———100
4% cum 2nd' preferred——100 I
Jah
6,800
58%
t per shtire
28%
102%
12
1075
'
26
58
t'per share'
45 Vb
Jan
29% Feb 25
Jan
96
Apr
25% May
26% May
22% Oct
X87% Sep
6
-
25%
June 15
$ per share
.
v
Wednesday"
34
63% Apr
152
13,
10751
July
45%
Jun
60 % Jan
xl24%,
Jun
1332
Dec
31
Jan
26%
58.'/2
■58%
11
*10
11
,
,51
26
26%'
57
*10-
10%
*50
•
26%
26y8
28%
*101%
T%
Apr 13
82% Jan 28 5
141
14
7,400
28%
22%
44%
Clcpay Corp.
^.a.———
1
Cluett Peabody St Co com——No par
2
Jun
10%
28%
23%
*
1332" July
10%
700
5,500
28%
33%,
stock.——-—50
Clinton Industries Xnc
12
30% Feb
71
63%
18%
12,500
*
23%
36
Corp———No par
Special :gtd* 4%
30% Jan 20
15
137
183'
;'4%
18%
2,600
3y4
,4%
19
36
preferred
Climax Molybdenum^—
19
Jun
:4
92% May
Dec
May
21% Jun
July
147
107
xl2%! Jun 13
18% Mar
Dec
60%
16
Jan
Dec
134%
Feb
37% Jun
4%
75%
42% Jan
112% Jun
36% Mar 21
20% Jun
109
Mar 9
62% Jun
27%
137
85
78% May
i
39
18%
*,3y8
'
10%
2ey2
52
-56%*
2%
City Investing, Co common
—5
5% %
preferred——.—i100
City Products Corp_l——i-No par
City Stores Co
1
1
—5
Clark" Equipment Col——1——20
C C G St St Louis Ry Co com—100
5% non-cum preferred—.-.—100
Cleve Elec Illuminating com__No par
$4.50 preferred
1
-No par
Cleve Graph Bronze Co com..^—1
5%: preferred.
i
!—il——100
Cleve St Pitts RR Co 7% gtd—50
8%,Apr 16
Apr
5
47 y2 May
Oct
69% Nov
4,
176
Feb
105
103% May
6% Feb 25
21
34%
14%
2-^a
C 1 T Financial
90
22%
*13'/a
24% Mqr 17
5% %
58
Jan
7
30%-May 17
14
*504
S per share
share
—10
52% May 19
a=
44V8 Jun
Jun
I per
——.1
Chlckasha Cotton Oil—•.
3
Jan
26% Apr 25
97% Jan
4
,
105 y2
3%
700
5,000
5%
28 y4-
June 14-
11
36
31
Jan
5%
5%,
13,200
8
13%
13
5%
3y4
; .4%
18%
:9y4
*7%
23%
Tuesday
Feb
Jun,16
Jun
65%; Jun
80
8
13%
5,500
2,500
LOWLAND HIGH BALE PRICES
Par
7
29%
July
3%'
8%
8V*f
9%
9%
9%
5
...
10'
27%
June 13
42% Jan
Jah
Feb :
27% Mar "
*5%
8»/4<
603
3%
22%
Monday
—-J——
100
Chile Copper Co..-—————-25
Chrysler Corh
—^.-.25
Cincinnati Gas St Elec "Com^—*8.50
4% preferred————
.100
Cincinnati Milling Machine Co—.10
60
Feb
176
13,000
85
*3%
22%.
-
June 11
Childs Co common^.^.^
1
Nov
■
Saturday
•
7
Jun
50%
7'A
5%
18
lO'/a
27%
21%
■
-
-
( per-share
35
3i
75%
*7%
4%
30%
*79%
27%'
9%
24 »/8
EXCHANGE
;
16 %■• Jan '19
Jun/- 6
23%
24% Dec
15 y8 Jan
1
18-
NEW YORK STOCK
Highest
S per'share
10%
28 y8
22
preferred series A__—__100
Chicago Yellow Cab
—1_.No par
STOCKS'
;
9%
28
Cohv
Range Since Jan. 1
,
17%-
17-18%
,
13%
*3%
30
,
3%
8J/4
9%
77/a
:
300
30 Vs.
5%
4^/4
100
18%
80 »/2,
3%
13%
60
5%
18%
29 y8
7%
3%
:
400
*5%
*79%
12%
5%
3%
'4%.
•
12% Feb
14
Lowest
14%
.
4%
Jan
10
42"
3%
4%
74
58% Juii
$ per share
Oct
3
52:
25% Jun117
S per shafe
44%
5%
-
5y4
5%
'9%
13
12%
:
1,400
92
5%
v
7%
7%
r
*50"
55 y« May
JUn
Highest
Feb
7%
13%
4
29'/2 Mar 30
Year 1948
2% Nov "
7%
'
!*9%8
Chicago & Northwest cpm^-.No par
5% preferred
_!
—
100
Chicago Pneumat Tool com—No par
$31 convertible preference..NO par
36 Va Jah
14
49% Jan 20
May
Range for PrevlOu*
Lowest
8y„
9%
9%
'3% ',
34% Jan
14'
27% Jun: 14
21% Jtth
i5y«JOct.
July
8
13
.No par
ji__
yu
18%
,*91%
18%
*5%.
*i8y0
80%
*80%
"
19
"
42%; Sep
72 y2 Oct
Jan
Chicago Corp (The)i——_u_—1
Chicago Great West Ry Co com—50
5% preferred
...
:
—50
Chic Ind & Louis Ry Co class A—25
Class B—
33% Jan
17
:
Chic Milw St Paul & P Yto—No par
Series A preferred vtc_j— .100
8% Jan
57
Feb
10
11%-Mar-30"
9-Feb-1-1
.7'A Feb 24
49% July
.
49% Mar
45%
May 16
40?
Dec
Dec
12
41% July
23 %v July
Apr
26
13 s
13 V* .July
7% Mar
33%
Jun
12% Jun
22% July
15% July
4% Mar
30
;
12% July
Jan
7%
8'
3%.
187/a
.*23'/4
7,9,00
'
is y»
Chic & East 111 RR Co com—No par
Class - A_
40
>5% Jan 21
9%
24 y2
91%
'
4
.
24
.
,91%
5%.
*5%
9%
10
19"
92
,
*18'/a
Chesapeake Corp of Virginia—....5,
Chesapeake St Ohio Ry common
25 '■
3 %%
convertible preferred-—100
34% Jan
7
.3Vz Jun
Checker Cab Mfg—t—.....—.1.25
7
28y« Jan
13?
May
Belt CO—
,4
—No par
Champion Paper & Fib coxrt—Nd par
$4.50 preferred
.j>__No par
24'A-Jan
14
.5% Jun
Jun
30
'
Cham
97% Mar
23-
Jun
^Jan 187'
27
May 3f
18%;Jun 13'
90
closed
Certain-teed; Products.!—.—
^\2300
.;96%
6%. : 6%
58 Va
*57%
:
tVC 3j0
^5,900
0"
.
1,000
1,600
i-
t.
20
THE COMMERCIAL & FINANCIAL
(2652)
NEW
Range Since Jan. 1
Highest
Tear 1848
t
48%
5% Jun
,
47% Feb
11
19%
Feb
11% Jun
14
14
18% Mar
83
55
July
Jun
13
12 % Jun
17
19% Jan
Mar 26
52
9
15%
8% Not
Feb
18
Not
88
not
97% July
98
Oct
86
•
177
164% Oct
3Y« Doe
>
182
6
15
Jun
,
3% Mar 25
4% May
2% Jan
8
13
21% Jun
6
32% Jan
7
97
Jun
16
100% Apr
17% Not
,
10% Mar 30
Feb
7
26% May 12
Jun
16=
14
20
Jun
14
94
Mar 17
98
90
Mar
7.
*
95
Dee
May 24
96
Dec
28% Jun
15% Jun
14
24
Jan
7
78% Jun
58
Jun
10
72% Jan
24
5%
84
22
Jun
6
24
Apr 21
15% Jan 27
Cuba
12% Feb
65% Dec
;
Dec
25
<
12% Feb
155
Apr
7%
Dec
11%
177
Dec
15%
Dec
7
/
*
,
88
6
Feb
61
6
13
Jun
13
73
10% Jun
14
Feb
28
4% Feb
Jun
17% May
24%. Jan
150 \
Jun
60 *
July
-
24
May
16
13% July
Feb
122%
1
Feb
Feb
Jan
133
21% Mar
85
7% Jan
7
Jan
19
129
4
24% Jan
Jan
21
22
26% Jan
7
13
15% Mar 18
Jun
50
Mar 14
4
93
14
Jan
15
Jan
13
x16% Mar
8
17% May. 2
20% Jan
7
Jan
24
26% Jan
3
31
May 12
Jun
92
4
96
94
Jun
92% Jan
15%
Sep
Not
Cuneo
Jan
99
preferred
38% Jan
Feb
13% July
29
14
13
Jun
12
Jan
13
14
9% Jan
20
7
May 10
pfd
3%
•
♦1%
1%
•
22%.
22 VA
23
22%
23
97 Ve
97%'
97
97
9%
9%
9%
9%
25%
25%
25%
x25%
25%
♦25%
26 %
15%
"14%
14%
14'
143/4
39%
39%
♦37%
39%
15 Vs
15
•37 %
•
.
*89%
15%
•56
*23%
12%
9,100
300
1,300
93/4
400
25%
25%
14%,
r
2,200
97
•
SVs- '
c
2,400
i
22% :
*96%
»
14y8::
12%
5
17%
10%
10%
17%
17%
5
109
43%
; 7%
8%
exchange
19
43%
7%
20
*132%
140 '
5 ;
.
44
18%
135
22
;■
)
■
9%
92%
*92%
11%
12
*i6y4
16%
IW
16%
16%
7
28%
28%
27%
28
*95%
96
*95 VA
96
95j/4
95
1
Deep Rock Oil Corp
9%
•
*92%
94
140
*12
12%
*11%
17
*16
17
/
*16
17
♦16
16%
17
7
28 Va
28%
1,700
v
„
,
40
,
800
,
4,300
10
94
,12%
-
300
17%
17
1,800
28%
17
37%
32,600
9%
*92%
12%
2,400
"
95
95
♦93
9
9
x5
5
5
5%
17
*
•
.
*94
5%
.
10
9
900
5%
.
9
5%
5%
30%
30%
30%
31%
31%
31%
32
31%
31%
31%
31%
32
32
26.::
27
26%
27 %
27%
28'
27%
53/2
6%
5%
5%
5%
19 y4
19%
19%
19%
19y8
19%
-100
19
20%
19%
19%
20
20%
.—100
35
36%
34%
35%
36%
37
37
21%
21%
21%
21%
21%
21%
21%
50
■
900
27%
37
21%
6
4,900
32%
27%
27%
50
-
500
313/4
*31%
Delaware Power & Light Co—13.50
6
18%
31
18
30%
*17%
3,300
18%
18
30%
17
20
96
yy8
9%
r
1
>
95
*94%
95
.
18
28%
28%
95
,95
9%
.5%
28%
*94
32
100
Western
19
94
9
17%
,11,600
1,000
22%
*92%
*93
17%
1
20
Delaware & Hudson
.
•
8% "
136
*11%
*16
900
5%
18%
12
*16%
100
,500
19 y4;
♦22
9%
9%
8,100
,
,
44
-
22%
4
«
♦132%
191/4
140
22
200
10%
8%
30
1,800
-
6%
*43
f
310
800
-' i
109
94
12
9y4
5.,
No par
preferred
9%
9%
*
;19%
95%
9
44
.
5,600
■
64
109
-
8%
*132%
9%
9%
92%
,
5%
8
22%
•
110
♦43%
-
100
Inc
5%
19%
*22
,•
*57
; *18%
<
5%
*108
Vt
13%
180
6%
*-
'19
18
;
140
♦132%
'
63/4
t
.
25
t
10%
8%
19
22
12%
*160
11
5%
44
-
7%
8
18%
.
109
109
43%
135
22 Vs,
22
sy8
109
180
•
>
16%
24%
,
*103/4
.
91
.
'58
64
18%
5%
*55
*60
10%
110%
*89%
3,600
.
•
96%
-..i6y8.
12%
:• 6%
64
'
100
21%
'
'"96%
24
♦160
6%
6%
*60
10%
,
24
21%
..
58
*123/4
12%
180
17%
11
110%
.
•r
••
58 1
~
24%
*23%
64
i
58
X12%
6%
6%
*58
43%
closed ;
16%
*160
178
.*160
60
90%
U6%
58
24%
12%
.
'90%
16%
59%
*23%
12%
90%
15%
59%.
24%
96
15%
91
is y«
,
21 VA
20
series B
common
i
<21 Va
•96
*89%
.
2.50
series A
Preferred
*89y4
-
16%
6%
6
stock
91
211\ '.
96 Vs'
20 %
96%
*
4,100
*37 y2 > 391/4 ;
.
*96
20%
20
*96
;
178%
60
40
'*37%
96%
58
*160
1
Preferred 3.75%
14%
40
20% .-21%
-
I *96
100
Davega Stores Corp common
5% conv preferred
Davison Chemical Corp (The)
Dayton Pwr & Light common
&
50
-182
*3%.
13/4
9%
lOO
Lack
50
,30
4,000
t
3%
97%
Corp common
pfd series A
Delaware
*181
58
1%
22%
1
Co
57%
j
8,100
-
-
3%
9%
No par
7%
<
1%
21%
Inc.:
Deere &
:■
98 y4
1
3%
•97y8
1
3% %
24
40% Jan 21
13
5% Jun
19l/s Jun
26
Jan
36% Mar 30
34
Mar 29
24%
98 VA
3%
9%
25%
100
A
3.75%
260
*1%
97%
_5Ge
jun
182
182
.
1,500
,.♦98%-100
59%182
22 V*
Decca
31
182
58%
59%
9Vs
7
1/
100%
97%
,
.
9% Jan
30 Vb Jun
181%
%
100%
100%
100
'»•
7%
51%
23%
23 Vs
*99
*99
58%
58%
1%
*93
Jan
58%
x23
50
♦51
100%
*99
*99
3%-
'*9
Jun
99
100
1%
>100
84% May
50% Jun
99
3%
_50e
46%
23%
22%
22%
22%
•99
51%
%"
1,300
3,200
7%
7%
*50%
7
'
120
9%
12%
*49%
51
*7%
51
IVA
51
8,500
9%
•
*49V2
51
*49 v2
7%,
16,400
12%
9%
12%
*179%
Dayton Rubber Co
42
9%
12%
1%
8
29% Feb
52
9%
3%
10% Jan
81% Dec
52
12%
181 Vs
100
.10
common
Records
53%
,
'
53%
9%
1%
4% May 31
18% Jan
2,200
12%
3%
181
May 31
9
29 y8
29%
21%
No par
•
Cushman's Sons Inc 1%
Dana
1,200
28 3/4
29%
*51%
29%
*51%
50%
50%
59
58
29
49%
7
98 Vs
17%
Class
49%
23%
.
Cunningham Drug Stores Inc
.2.50
Curtis Publishing com-:
No par
$7 preferred
No par
Cutler-Hammer
49%
7%
•10%
Curtiss-Wrlght
11%
9%
12%
50 %
t
95% Jan 20
11
pfd
non-cum
Press Inc
Prior
11 Vs
12%
9
9%
98 Vs
100
100
preferred
Cudahy Pacxing Co common
4%%
preferred—.
Mar 29
Jan,
6%
11%
-
1%
Mar 14
13
RR
52
99
No par
preferred
conv
52
22%
Cuban-American Sugar common—10
7
137
Jan
94
</•' '• 8% Sep
•"
27
Dee
7%
16
11% Jun
Jun
28% JUly
81% Aug
(:24% Fib
i' 82% not
■'
Jun
17%
'^14% Dec
ri/;l«% Feb
1
1
20% Jan
.13% Dec
8%
19 '
,
14
Apr
94%
Oct
■
$4
27..
9% Apr
18 % Jun
87
Jan
13% Feb.
3
21
6
19
7 ye Jan
133
May
8% Mar 29
27
*31% May
-
-
'
Jan
43 Vs Apr
9
4%
18%
14
109
Aug
May
12% July
28% Sep
137 " July
47% Dec
31
160
160
Jun
-
13% May
Dee
67%
Jan
17% Aug
'
Jan 74
,
54
7
Corp com
.—5
$4.20 preferred—
No par
$4 2nd preferred—
No par
Crucible steel of Amer com
No par
20%
29
50%
2.50
com
$2 preferred
Crown Zellerbach
103% July
129
Jun
91% Feb
America
Crown Cork &> Seal
1
19 is Jan
42% Apr 13
27% Jan ,8
3
523/4
*11%
2
Cream of Wheat Corp (Tbe)
36% Jan
53/8
53%
1
3
*
28%
49%
25
5VA
51%
11%
29 Vs
Shares
5%
5%
52
52%
*11%
13
tbe Week
.100
common.
of
51%
11%
9
1
preferred.
Creameries
23
Dec
26% May
46% Mar
34% Jun
,
36% Dec
23% Dee
3%%
8% Jan
Jan
24%
Crane Co
51%
11%
12%
Co—20
Corning Glass Works common
1
3%% preferred
—.100
Cum pfd 3%% ser of 1947—100
Corn Products Refining com
20
1% preferred
—100
Coty Inc
1
Coty International Corp
——
1
13
13
Mar
•
Q,
1% Jun
98% Jun
Feb
•2% Sep
8% Doe
z21
171% Jan
Mar
I
9
3% Feb
39% Jun
series
51
11%
28J/2
6
-60
common
52
•52
Sale* for
June 17
$ per share
5%
11%
Corn Exchange Bank & Tr
Feb 25
64% May
Co
Cornell Dubilier Electric Corp
17
49
,h
99
Steel
Convertible pref 5%
7
oa
6
Jan
Copper Range Co
15
24% Jun
Apr 26
57
Feb
Corp
5%
51
8
Friday
June 16
June 15
4 per thare
5%
5%
Thursday
$ per share
Wednesday
f per thare
5%
5Vs
14
common—8
No par
No par
83 prior preferred
54% Jan 12
Jan 10
92% Jan
3
5% Jan
1% Doe
29
4
94
July
Copperweld
Delaware
Corp
Cooper-Bessemer
6
11% Jan
13
20
66% Mar
68% Dec
Jun
7
67% July
23% Oct
52
4
49 % Jan
49% Jan
Jun
50
Continental Steel
3
AND HIGH RALS PRICES
Tuesday
June 14
I per share
8 per thare
1
Continental Oil of
18
May 4
55% May 13
12% Feb 17
24% Feb
21% Oct
50% Not
43% Mar
June 13
LOW
Continental Motors
36
149% Mar
Feb
Monday
Monday, June 20, 1949
•
RECORD
Jane 11
STOCK
Par
7
58% Apr
15% Jan
Apr
Jun
13
8% Jan
14
YORK
EXCHANGE
thare
10% Jon
69% Jun
Mar
14
t per
S per share
8 per share
Feb
NEW
Lowest
Highest
I per thare
STOCK
Saturday
YORK
STOCKS
IttfO for Prerlem
UVMt
CHRONICLE
:63/8
5%
-
1,700
6
9,600
19%
19%
19%
20%
19%
20
20%
37%
38
2,100
21%
21%
5,700
1,700
Denver & Rio Grande WeBt RR
:
14%
39% July
19
Jtin
13
27% Jan
7
58
Feb
34% Jun
14
50% Jan
24
20
Jan
3
22% Apr
20
Detroit Edison
58
Jan
10
Detroit Hillsdale & S W RR Co—100
50
*6
Escrow
ctfs
for
Escrow
ctfs
for
com
20
Apr
July
21% May
56
Dec
60%
Jan
50
Jun
7
Dec
13% May
26% Oct
6
Jun
14
9% Jan
7
Detroit-Michigan Stove Co
1
15
Jun
14
24% Mar
2
Detroit
1
32% Mar
pfd
.20
20
3,200
'
8%
•
22% Mar
'••
Dec
11
'19%
16%
Jan
11% Feb
11
13
Mar 29
Dec
28%
Jun
16 Vs Jun
13
22
Jan
26
46
De
Steel
Jun
32% Jun
15
40
Jan
7
Feb
46% July
40 Vs Jun
17
45% Feb
1
11
Dec
'19% May
9l/4 Jun
14
Diamond
6 Va Jun
13
12% Apr
5
7% Mar 12
18
Mar
xl9% May
12% Jun
13
15% Jan
Distill
Baage for Prerioiu
20%
Oct
9% Feb
24
17
Jan
8
Jun
24 % Feb
14
30
Jan
18
46% Deo
56
Apr
451/2 Jun
13
10
Deo
23
Jan
10
Jun
12
Apr 26
14% Max 29
29
Feb
40
Jun
25% Jun
13
33
Jan
24
11% Not
19
Feb
47
Not
67%
Apr
48% Feb
32%
Feb
50%
Oct
43
97
Feb
106 Vs
Jun
101% Apr 22
105
Jan
90
Feb
106%
Oct
101
108% Jan
21
xl8% Not
31%
Jun
98
20
Deo
18
164
Mar
Wrs Jan
Apr
94
18
i8y8 Jun
14
Apr 27
8
11% Mar
8% Jun
172% Jun
119
Jun
97% Jan
3
Xll2% Jun
13
9% Jun
13
Dixie
15% Jun
12% Dec
Dr.
Doehler-Jarvis
Pepper Co
Jan
Chemical
10
common
A
82
Mar
88
12
16% Jan
106
6% Jan
8%
89% Not
56
Jan
10% Feb
Jun
14
6
Jun
90 % Jun
14
Apr
4
96
Jan
1
Jun
7
10
5
May
7% Apr
Jun
33% Apr 29
43
Feb
16% Oct
fI2% Feb
1% Not
37% Jun
12% Feb 25
32% Mar 18
"when
102%
*101%
102 %
1,200
19%
18%
18%
6,400
No par
102%
103%
102 Vs
102%
102 VB
102 Va
60©
18%
19%
18%
18%
18%
19 3/2
100
Co.
Jun
42% Jan
24 " JUri
8% Jun
14
29" May 16
13% Jan
7
12% Jun
17
16% Mar 31
16% Aug
14% Jan
6
17% May 26
33% Mar 25
84
Jan
x29% Jun
16
104
Jun
100% Jan
24
104
Jan
13
Jan
6% Not
4 % Jun
6
5
Jan
7
9% Feb
16% July
9% Jun
13
48% Jun
1
-
65% July
68% Apr
59% May 10
9
20% May
11%'Jan
49%
May
.
j?% Feb; ^25
f 6% Jun 13
1%
,
36 '
7% Mar
focftnotesrsee page -28.
jr.
3
14% Jan 21
61% Jan 24
68
Jan
4% Jan
31
6
1Q% Jan
7
9% Apr 30
4
Mar, 5
Janl-lA..
Jun
15
16
16%
16%
16 vb
16%
2,300
13%
13%
13%
13%
13%
7,100
8%
*8%
8%
8%
8%
7%
8%
7%
7%
8
8%
8%
*7%
38%
38%
38%
38%
STOCK
EXCHANGE
CLOSED
*177
177
22%
14%
14 %
90%
90%
*90%
10%
6
10%
10%
96
96
6V*
6
34
common.
15
5%
--44L. May 19
5% Apr
6
13
*13
13%
13%
13%
33%
*33%
34%
*33%
1%
1%
1%
24%
25
36
17%
„
24%
25%
25%
25%
'•••'
35%
36%
36%
*6%
6%
800
34%
"3,300
-,
13%
34 y8
1%
25%
1%
25%
37,200
36%
36%
1,400
..
.
,
•"
10%
;io%
10%
18,
18
*17%
18%
48
48.
*47
50
*48
47
*43
47
*43
*10
10% .10%
...
13
<*33%
•
'
36%
.
20
2,200
10
98
34%
34%
1%
•;
500
f.
-
,
■1%
35
103/4
6
35% *
1%
36
10 VA
*95
•<
103/4
....
а,300
'3,500
•
•800
10%
'
conv
preferred
50
preference
Natural
.;,48%.
45
50
Gas
3
new
24
It.
"
"SB30
24%
13%
'
1
4%
9%
preferred series A—
Pittsburgh RR Co
50
Eversharp Inc
Corp
Exchange Buffet Corp.
5
—
A
1
i
49%
49
59%
*56
3%
3%
*43
46%
24%
24%
'
•6%
"6%
8%
7%
41...:.
3%
-
13 vb
'
16
30
29%
104
♦102%
25%
,
r
900
17%
«.
51-,
-: 200
-47
25 y8
,
,
25%
16
15%
10
50%
*56
t
-1
..t
...
50
6,%
6V2
;' 7
v
7%
<
3%
.
,
7
i
*3
41%-
3%'
—
.
7%
41-%
500
49%
I
—
10
12,500
61
•
C j>
1,300
•
2,500
10
4% j
i.l*6% j
1:
1,200
•
4%
49%
7:1 ,7%
-*41%~
15%
*56
4%
б,500
30%
9%
61
4y«
1
3
10%
-100
2,200
1,800
•
104
*4%
*49%
4%
.41".-. .41.:..
15%
*29%
•
4%
*56
61
,
4
8%
12%
„
*102%
102
*4%
9%
12%
15%
29 %
x102
43/fe
*49
61
13%
x29%
29%
104
8%
9
(
9%
49 %
3%
9
12%
4%
4%
9%
40% ..41.
♦3%
25%
8%
12%
W*
6%
*3%
25%
17%
•l
v
'8%
13
3%
7
.2.50
4%
9%
59%
■.
!*r-
4i—:
—
29%
*102%
49%
100
,
•
15% ,"15%:
9%
104
,-"48.
,
13.-.
4%
&
>
: 24
8%
4
:
15%
30
is
♦42..
No par
Eureka Williams CorpT
Evans Products Co—
;*47
•
45
*102%
Bldg
common
*17
9%.
4
5
10
48%
25
100
preferred
EX-Cell-O
$
10%
98
6
2.100
..
90%
10%
11
*33%
.
25%
17%
.
—10
common
Equitable Office
Erie
25
*35
No par
12%
*89%
.
14%
92
34%
to
23 vb
.
*14%
11
35
14,000
178
23
14%
♦95
6
6
34%
2,100
40%
*175%
23%
300
8
39%
•m
178
*90%
10%
98
'
40%
23%
14%
92
10%
*95
35
*175%
14%
6%
...
39%
23%
14 Va
*90%
92
11
98..
34 3a
178
22%
*
8
39%
*175%
22%
14%
*96
1
38%
177
22%
14%
100
Nut Co
Auto-Lite (The)
179
22%
;
,
1
.
,
200
8%
100
Stop
RR
10%
13%
2.50
common
Empire District Electric Co
Endicott Johnson Corp common
Erie
*9%
15%
2
Emerson Electric Mfg Co
Emerson Radio & Phonograph
4%
10%
8%
100
preferred
Paso
*93/2
13 Vs
Electric Power & Light com—No par
El
114%
10%
"*9%
15%:
1%
5%
113 %
300
*8
13 Vs
Feb 28
100
480
114%
15%
33%
47
100
114%
114
13
1%
Jan
*99
*99
114
123
8%
13 %
10
100
100
45
*121%
16
*33Va
Jani
4,100
45%
122 Va
114
103/2
21,500
45%
122 %
*99
*9%
45%
>_
45
99%
*112%
1,700
13%
Convertible preferred
No pwr
Elec & Mus Ind Amer shares
51
mlmm
—
600
•
9 V2
123
44
*121%
122%
99%
1
179
175
43%
43%
16%
9%
15%
Electric Boat
26% May 16
174
172%
*121
87
*16
9%
*7%
34 VB
20% July
"
178%
A
16% Dee
60% Feb
172 3/2
*82
16
9%
9%
9
13%
10
preferred
Ekco Products Co
5% %
Feb
20
9
9
87
16
16%
9
35% May 13
2% Jan 12
3
*80
87
XI6V2
8%
100
9
common
6
Oct
*80
16%
19
10
preferred
Manufacturing Co
Edison Bros Stores Inc
57
49
87
*15%
102 3/2
_1
Inc.—
48
-74% Jun
*80
17
*104%
.19
Airlines
Elliott Co
Dec
87
17
9%
7
Dee
*80
112%
21% Jan
■For
104%
105
*104%
105
*104%
93/2
17% Jun
7% Mar'
*104 %
104
xll2%
Jun
3% Dec
7,800
105
104
100
A
27%
—J4% .Deo.
1,800
43%
100 VB
13% Mar 24
29% Dec
a.e
5,700
56%
43%
*99 V2
10% Jun
J% Dec
15%
56 y2
43%
No par
Jan
12% Feb
9% Mar
12% Jan
£•0*
15%
57
43%
1st pfd
17
Dec
15%
56%
43%
series
Electric Storage Battery
Elgin National Watch Co
Sep
15%
57
43 VB
$3.50
19% Jan
4
15%
56%
43%
Preferred
•34% Jun
Feb
69
15%
56
43 VB
issued"
19% Not
C&i
15%
56
l
56% Jan
4%
153/2
57
43%
No par
48% Dec
12% Deo
97
15%
56%
43%
15% Apr 14
13
490
15%
preferred
2% May
23% July
'1% Jun
400
47%
No par
15
44%
Electric
600
24%
2,500
121%
Elastic
■
2,200
43%
7
;
.
10%
*24%
47%
10%
121 %
1
Jan
*10%
*46%
10%
25%
46 VB
25%
5
4 Vs%
10%
*24%
47
10%
No par
4%%
10%
24%
*46%
45 Vs'
25%
series
6%
•
26
$4.50
Eaton
10%
"25
45%
•
24%
11
25
10%
Internationa]
Corp
Duquesne Light 5%
DWG Cigar Corp
2
y
10%
Preferred
13
101
'
*10%
:
•
No par
$3.25 2nd preferred
Dresser Industries common
May 27
Jan
Shares
25 Vs
13
18
for
the Week
Sper share
$ vershare
10%
38% Jun
32% Jan
Sales
June 17
June 16
June 15
S ver share
share
Friday
Thursday
Wednesday
25%
46% May
180
8,100
10%
13% Jan
7
47% Mar 29
5
63/2
13%
25 Vb
14
7
63/2
13%
10 VB
73/4 Jun
13
63/2
133/2
*
25%
Eastern Corp common:
Eastern Stainless Steel Corp—
Eastman Kodak Co common
Jan
6 %
13%
6%
13%
1C
Eastern
21% Jun
800
900
1,100
1,100
25%
Eagle-Picher
14% Apr
10
10%
16% Mar 29
164
*9%
25%
20% Mar 30
Jun
9%
9%
10
13% Jan
19% May
92% Jun
40%
9%
600
33%
40%
25%
14
7
*32%
17
No par
Co
$4 preferred series
27
1,300
33%
40%
33%
63/4
1,600
11%
40%
32%
133/s
15%
11%
*16%
41%
6%
153/B
17
5
No par
Du Pont de Nem (E I) & Co com
12% Jan
14
83% Dec
41%
46
15
Deo
*55
45%
Jun
14
18%
10%1
25%
Corp
Dome Mines Ltd
conv
10%
5
115% Jan 12
11%
♦16%
32%
13
< per
:
25%
Duplan
101
12
17%
June 14
1 per share
t
No par
Common
15%
11%
15%
600
63/4
*6
6%
153/4
20
53
'
A
3%%
*6%
40%
Tuesday
June 13
f per thare
No par
common
22% Jan
Dec
9%
Monday
June 11
8% Jun
80% Dee
j
Saturday
Dunhlll
195% Apr
13
Deo
9%
1
Cup Co
Class
47% May 26
122% May 18
20% May
19% Not
STOCK
5
14
25% Mat
175
9%
15%
*48
53
LOW AND HIGH SALE PRICES
Jan
13
Oct
(11
6y4
12%
May 16
28
88%
it
6%
13%
13
Feb
Deo
10%
6 y4
19
13
Jun
21
24y8 May 4
86% Jan 21
80
July
May
May
Dec
•2
♦9%
12%
Douglas Aircraft
29
18%
Sep
93/2
2
Dow
Apr
18
257
Car
*40
—50«
50% Jan
99%
Feb
41%
33 %
41%
Stores
63% Mar 31
116
Jun
15% Jan
Feb
32%
33
*40
2
17% Apr 20
188% July
111% Aug
10% Dec
32%
No par
Co
3
124%
Jan
17%
25
common
T Motor
7
29
43% Jun
113%
*11%
17%
Divco Corp
11
Deo
11%
*16%
Pat
53
Jan
11%
16%
EXCHANGE
41
12%
11%
preferred
NEW YORK
Deo
12
16%
11%
16%
share
Nov
83
Match
Highest
8 per
18%
"
*15%
Corp
Corp-Seagrams Ltd
Diana
6%
6
6%
15 y8
.
*50
53
0
partic
Range Since Jan. 1
Lowest
t vershare
Sver^are
25
;
6
15
STOCKS
Highest
$ per share
6%
'
Year 1948
Lowest
,
*
6
Diamond
6%
*50
53
12.50
Raynolds class A
38
35% Mar
Corp
Vilblss Co
Devoe &
*50
20
1: ♦
*2,300
7vb;ir.
"71,800
7%ii.«i
*4,500
4t%~;~
1,800
4 VA
500
Number 4813
169
Volume
THE
COMMERCIAL
NEW
ftu|t for Pmiou
Lawwt
Highest
I per share
$ per share
FINANCIAL
CHRONICLE
STOCK
NEW YORK
Highest
.
Saturday
Monday
June 11
June 13
S per share
21
(2653)
RECORD
STOCKS
Range Since Jan. 1
Year 194*
Lowest
YORK
&
>
LOW AND HIGH BALE PRICES
STOCK
EXCHANGE
t per share
Par
9 per share
Wednesday
Tuesday
J per share
6 per share
Thursday
June 15
June 14
Friday
Botes foe
June 17
June 16
8 per share
8 per share
the Wsok
Shares
8 per share
\
37
54"%
20
Jun
13,
41% Jan
7
Fairbanks
Oct
19
Feb
28
25 % May
3
Nov
23% Feb
15
32% May 19
11%
Apr
34
33%
28%
Nov
*19% Nov
Jun
% Jun
8
Fajardo Sugar Co
Faistaff Brewing Corp
FAR Liquidating Corp
Jun
5
Nov
7% Jan
7
11
Feb
16
Oct
11% Mar
9
14% Jan
8
35%
Feb
43
Jun
32
6
38% Jan 26
16
Mar
5
20% May
Jun
14% Jun
17
Dec
12 %
May
3% Jun
31% May
24% Feb
9
95% Mar 23
8c
Co
No par
34
i
34
34
34
34
34
♦34
35
22
22%
21
22
21
21%
♦21%
21%
21%
21%
2,500
28%
2q
28%
28
28
27%
28
.27%
28
27%
28
1,400
1
Fedders-Quigan Corp
%
l
Federal Mining St Smelting Co
2
V
26
6% Jan
10
28% May 17
100 % May 3
Federal-Mogul Corp
Federal Motor Truck
Federated Dept
3%
3%
3%
26%
26%
26%
99%
Feb
24%
Sep
14% Jun
13
20% Jan
5
Felt St Tarrant Mf g Co
5
26%
Jun
12% Jun
14
17% Jan
8
Ferro Enamel Corp
1
64
Jun
15
44% Jun
6
68% Apr
6
50% Mar 31
May 16
107% Mar 17
69%
Dec
Nov
Jun
105
59% July
20% Aug
Feb
28%
Jun
107%
49% Mar
14%
Oct
53
Feb
Nov
53
42%
Jun
Jan
3
11% May 26
21% Jun
7
96
Dec
26
Dec
13
Dec
36% May
15% Jun
12%
Dec
21%
Jan
12
22% Dec
40%
Jan
x9% Jun
15
8% Feb
24
*104
9 % Mar
May
12% May
Jun
98% Jan
61% May 18
17% Jan
3
preferred
6
._100
No par
Firth
No par
Follansbee
Steel
90 %• Jan
18
Dec
89% Jun
9
95
26
38% May
25% Jan
19% Feb
11
26% Mar 17
21% Jun
17
25% Feb
Dec
16% May
9
Feb
26
11% Jan 11
10
May
8
Jun,13
x38
Fruehauf Trailer Co
47%
Feb
26
12% May
24% Jan
11% Jan
19
16% Jun
6
20% Jan
12
84
72
Jun
13
78% Feb
2
•
10
Feb
17% Mar
68%
6%
:<■
Dec
Dec
Aug
10
■
10% May
4% Jun
15
6%
Dec
10% May
4% Jun
14
7% Apr
7% Jan
10
16%
Dec
20
Jan
14% Jun
10
17% Jan
6
Aug
9% Jan
10
9
Dec
12
38%
12%
Dec
34
Feb
48% Aug
17% July
16%
Nov
23%
5%
Dec
27%
Dec
16%
Dec
11%
Feb
99% Mat
42
<
•
May
26% May
18% May
105%
*■
8%
Jun
1
Jun
15
41% Jan 12
13
15
Feb
25
17-
Jun
15
19
12% Apr
3% Jun
26
21% Jun
-
conv
Gamewell Co
Gardner-Denver
25
14
13
32% Feb
4
15% Jun
14
23% Jan
7
13% Jan
3
25
Feb
106May
11% July
Jun
17
9% Jun
157
15
2,200
*15
12%
*12%
13%
10'
10%
x9%
10%
(10
10%
10%
10%
11
;u%
23%
23
23%
\r
85
*83
91
90%
91
CLOSED
46 % Jan
8
Jan
11
14
10% Jan
24
Jun
15
163% Jan
19
9% Feb
24
11% Mar 31
Gar
21%
22%
22
22
9%
9%
9%
9%
8%
*8%
8%
44
44%
44%
44
14 %
15
44%
141/2
45
15
14%
14%
15
2,000
16%
16%
17
16%
17
17
17 Va
2,700
72%
72
72
16%
72
72
72
4%
4%
4%
J •72%
♦72
5%
4%
♦14%
15%
71/4
7'A
34%
35%
34
♦13%
14
13%
10%
4
•13%
15
'
10%
10%
22
♦22
16
16%
15%
16
16
14
14%
xl4%
Transportation
$4.25 pfd series A
No
106%
♦106%
43%
43%
106 %
43
Baking
5
10
♦156
158%
9%
common
General Bronze Corp
9%
5
9%
1,500
10%
1,500
6,400
4
4
4
22
*21
23
16%
14%
♦16
16%
3,000
14 Va
2,;10O
♦106%
43%
10
10
9%
-
10
1,900
300
10
4,600
100
153
*153
9%
.900
6%
9%
9%
400
100
♦9%
158
>
9%
.
43 Va
43
100
.
;
107
107
43%
102
♦153
10
14 Va
107
43%
*99
157
♦9%
9%
15
10%
14%
■
102
-
300
15
10%
4
107 '
10
-14
15
♦15%
14%
157
158%
♦156
700
22
16'
*99
10
9%
10'/a
No par
Co
preferred
102
102
103%
♦102
par
♦106%
44
43%
5
'
General
68
*
100
Amer
14%
106'/a
*13 Va
-
100
800
7%
35
10%
23%
22
7%
♦34%
15
>
4
3%
4%
21%
14%
14 V2
13%
15
10%
3%
4%
34%
15%
21%
1.66%
64.50 preferred
34%
34%;
15%
10%
6,800
7%
7%
36%
13%
1,500
5
15
15%
7%
♦14%
7%
*7%
5
5
15
*4%
4%
5
15%
100
5 Va
4%
5%
*14%
7%
General American Investors com..1
General
*72
4%
4%
5
5%
15%
10%
1,600
44 Va
44
15
16%
1
400
♦14%
44
14%
♦35%
50
600
8%'
*3%
5
480
9Va
9%
*7%
4%
3,200
.22
8%
1
530
23 Va
.21%
-
140
■Si
22%
23
22
16
com
5,700
90
9%
2
Inc
3,100
84
22
13%
(The)
11 Va
22 Va
8j%
90%
90%
11 Va
22
20%
15%
preferred
Gaylord Container Corp___
11%
*8
*14%
.
85
22%
No par
conv
6,700
21
No par
Industries
Wood
4% %
10
23%
23
5
Co
13
10
19%
72
''
200
*12%
22
16%
■
460
10%
'
♦83
91
3,600
13%
13%
80
'
3
15% May 17
107
Jun 17
106
15
15
50
com
(The)
Corp
15
14%
100
99%"
*9
1
preferred
Garrett
42
9% Mar
6%
' '
20
Gamble-Skogmo Inc
•800
15%
14%
3,000
•
22%.
22 Va
*98
8%
1
com
preferred
18
100
Apr
6%
20
105%
-
9%
43%
STOCK
EXCHANGE
1
(The)
Galr Co Inc (Robert)
20
1,600
44%
44%
8
*,,
1
common
20
>
♦9
No par
1
99 Va
19 %
*
24
*22%
100
26
103 % Jan
x
23%
99 %
19%
64%
20%
19 %
10
400
22%
90%
25
common
preferred
Apr
159% Dec
14% May
Feb
Corp
11%
99%
83
90%
♦11%
19%
*83
83
_ioo
Freeport Sulphur Co
10
Froedtert Grain St Malting Co Inc_l
Gabriel Co
■,
11%
22%
10%
.
600
*11%
22%
♦99 %
22%
100
61%
Xl2%
1
10%
10%
x22%
prior preferred
Frsncisco Sugar Co
Apr
13% Apr
6% Feb
53% May
-
Jan
146
9% May
45
Dec
100%
Jun
6% Jun
4
'10
1
*61
19%
13% v
Corp„10
Chem
61 Va
~-14%
15%.,
*13
61%
22%
14%
'v
*105
19%
19%
6%
4%
100
—7%
Franklin Stores Corp
Oct
10% May 13
48 % May
9
16 % May 27
8% Aug
35% Feb
Machinery St
3%% conv pfd
3%% preferred
Foster-Wheeler
22
99%
19%
No par
45 Va
106%
64%
11%
21%
64%
45
♦105
11%
22%
100
*63%
1,100
106%
*11%
11%
11%
21%
*99%
170
500
14
64
62
11%'
14%
44%
*61%
61%
99%
*13
44%
61%
62
*61
.
4,400
64
•105
106%
*105
No par
Corp
2
3
13%
105%
*99%
1,400
27
14%
14%
13
No par
24% Jan
Jan
14%
13 Va
.No par
Florida Power Corp_
Florsheim Shoe class A
7
14%
12%
200
.
3%
26%
99%
14%
105%
First National Stores
16% May 19
13% Mar 9
100
*99%
13 Va
44%
(The)
100
3%
.
27%
14%
•64%
Food
9%
7,800
13%
3%
27
99%
64%
preferred
♦3%
3%
27%
12%
44%
Florence Stove Co
7
3%
99%
65%
Mar
22
14% "
*
com
Food Fair Stores Inc
92%
.14%
♦14%
45%
8
82% Nov
24 % Dec
15%
14%
45
11% May 18
May
*14%
13
64%
29% Jan
47%
105
15%
99%
10
78
Dec
32%
12%
k
25
4% %
20% Apr 29
Dec
79
♦31
26%
Fidelity Phen Fire Ins N. Y.—
Jun
27
33
3%
Firestone Tire St Rubber
Jan
28
8,000
♦31
14%
_ioo
May 13
102
May 26
4%%
Carpet CoFlintkote Co (The) common
64 preferred
31% Jan
7
18% May 25
13 % Jan
3
%
%
13%
14
33
*14%
27
Dec
42
%
13%
500
13%
15
5
Dec
53%
15
15%
%
%
34
31
*
34
No par
i
Stores com
19%
103%
%
13%
*31
34
*15
90
Jun
13%
♦31
5
_
We
99%
tt
13 Va
%
13 Va
d.Qp.
34
X
17% Jan
14
Feb
20%
Morse
3,400
I
9
Nov
15
72%
Sep
82
28%
Nov
44% July
18
Dec
24
Jan
*125
Nov
144
Jan
31% Mar
43
34
41"
96
Jun
13%
Dec
:
Mar
87%
9
Nov
Mar
July
Jun
„
Jun
6
13
10
Jan
7
65% Apr 25
79% Jan 20
24% Jun
14
31
Jan
7
17% Jun
15
20
Apr
l
129
Jun
17
May
34% Jun
13
40
Jun
39% Jan
3
44
93% Jan
4
x6% Jun
14
97% Apr 14
13% Jan 11
139% Apr
2
4%
conv
2nd preferred
6
May 17
40%
Feb
53
Oct
44% Jun
15
52% Jan
Feb
128%
Jun
123% Jan
4
128% Jun
7
Feb
108
Jun
4
107% Jan
13
97
Apr
13
8 per share
50% Mar
66
Nov
51% Jun
125%
Jun
123% Jan
Feb
99%
Jun
X07
12% Mar
17%
Jun
13
Feb
Feb
Dec
29
Sep
2% Jun
14
11 % Jan
3
Jun
May
128%
4% Mar
Frexerred 63.75
16 % Apr
Jan
6% May
30% Jun
15% Jun
120
10
20% Jun
17
22%
Feb
24%
Nov
31%
Jan
24
110%
Feb
132%
Oct
X102
22%
Dec
29% May
30% May
14
May 19
4% Feb
Mar 14
Jun
22% Jan
16
3
28
May 18
16% Mar 8
3% Jan
14% May
24% Jan
28
Jan
11
122
Jan
27
4
102% Jan
4
Jun
15% Jun
13
21% Jan
5
76
Dec
90
May
Jun
10
77% Apr
11
73
70
73
17
Jun
9
5% Jun
87
15
12% Feb
7
14
33% Jan
7
Mar
3
39% May
24
Dec
96%
Jun
79% Jun
1
Jan
13
Dec
25
May
12% Jun
14
17% Jan
5
Jun
74% Feb
23
76
Jan
31
21 % Jun
17
May"
17% Jun
17
26% May 13
21% Jan
7
75
Dec
85%
19%
Nov
28*
48%
Feb
4
55% July
Mar
113
Mar
14%
6%
122
•
8% May 16
x95 % Jun
13
14 % Jun
13
12
7
18
29
Oct
100
Jun
10
Jan
8"%
Nov
Apr
Oct
Oct
35
-
31
Jun
-
14
Jun
10
Jun
10
.
•
:
1% May 12
5% Feb 19
16% Jan
16% Jun
4
14
May
Time
4% %
Corp
3
16% Mar
5
3% Jan
7
8% Apr
23
20% May
4
28% Jan
7
20% Mar
5
25
May 31
93 % Apr
26
97
Jan
25
Sep
11
14
16% Apr
9
40
July
Jun
Jan
6
15% May
11% Jun;
13
13
43 % Jan
32
Feb
50% May
33% Jun
13
Dec
23%
Jun
16% Jan
3
132
Feb
145%
Jun
134
Apr
27
60
Apr
Jan
66
Jun
3
preferred
77
40%
Jun
33% Mar 19
36
,
.
Apr
11
Jan
13
'
7
18% Jan 10
144% Mar
66 '
Jun
38 % Jan
3
3
3
13%
Dec
17% May
12% Jun
13
14% Mar 29
Feb
13% May
10% Jan
4
11% Apr 14
90%
Dec
98
Jun
93% Jan
4
98 % Jun
16%
Nov
25% July
15% Jun
15
Jun
5
Feb
July
92
Jan
4
97
Jun
10
9% Jun
13
14
Jan
7
Jun. 14
50
Jan'
71%
Jan!
Feb
97
12%
Nov
20%
14
Feb
Jan.
9
20% Apr
6
7% May 17
9
85
.3.57%
Jun
24
58%
-
15%
15%
*79%
13
12 Va
*74%
77
*74 Va
Grant
(W T)
3%%
62.25
conv
pfd
Jun
81
Jun
56% Jun
13
18% July
-15% Jan
3
«'
For footnotes' see page
41
2$;
20
8
7
Apr. 16
.No par
Great Western Sugar com—No par
7% preferred
—I
100
77
*74 Va
77
♦74 Va
*21%
22
*21%
17%
18 Va
17%
50;
50
49%
♦49
100
4%%
conv
Corp
preferred
15
*14%
15
15
53%
53%
♦100%
101%
"J
100
'
.
'
'•
1 Va
,
6 Va
l'/a
6
,
19 Va
*10 Va
:•
•
16%
17.%
23%
;
.
v
,
"
24%
93%
11%
r
.93%
11%
.
434
v
'11%
•;
!
'
33 Va
34%
:
:
/■'Li
' * 33%
1%
v
:i2.Va
♦97 Va
10
15 Va
6 Va
♦95
"9Va
•55%
25
No pa*
1 Va
6 Va
6 Va
♦19 Va
19 Va
17%
18%,
18 Va
24 Va
24%
24%
f
;
r*36%;:.
*12 Va "
95
95
95
12%
12%
18
99
16 Va
6%
98
*33
34%
11%
35%
35%
35%
1-10%; 16%
16%
16%
♦134 Va.
*18
135%
35
.
1
-.135
,
135
*64'
68
36%;.:
*36
12%
:
:/
12 Va,
36%
12 Va
*12% *
11%
11%
-
10%
99
♦97 Va
99
15 Va
15 Va
15 Va
66 "
*64
*6Va
6%
6 Va
'.
3,000
.
5,400
95%;
140
12%"
95%
12 Va
1,000
16
?%■ ^
n't;
5r%?;
:
r
-
9%
•
10;%
:*41% ' 42*%
57%' >58%
'
6%
*95
96
*95
98
17%' Iff
*11%
.
,100
12
;
35
35%,;'
16%; 16%:;
134 Va
: '*64
V 2,000
3.600
2,700
,
120
135
"
i
13:
38 Va
63
—
"*12%
.
11V.
97%
97 Va
15 Va
27,100
n%
99
16
6%
6%
96
10;1. 10%
30
3,600
2,200
6%
96
^9%;-
fc;
10% |J
42%;
-•58%; *58%
17%
500
200
w
12%:"
11%
-42 %
•
36%.
16
*97 Va
6Va
18 Va
200
,
18%,.
24%:
*
36 Va
36
15%
%"„;i17V
2,400
19 Va
*19
*34%; ,34%..,,
11%
11
95
12%
34 Va
11%
10%
9% ,:.;«9;%
41%,;
57% * '
57Va',
r
•
*97%
11 Va
1%;''
?4%
11%
1,800
17,400
6% "
:v *18%
;
300
_
io%:
6%
6%
68
*64/,
36:
10%
1
10 Va
1%
'
1
No par
10%
1%
'
34%"
.134%-. ^34%
.
68
8,600
*10 Va
.*32 Va
*
4
•A'*61/?. !'16%"
16 Va
*98
rn%:
34
.
:
134%
'*64
1,700
36 Va
99%
17 Va
.*
35
.
101 Va
35%
#
19%
*94%
n
.
*98%
36 "
100 Va
10 Va
1%
;
.
,,,34
♦100%
101%
6%
23%,
11
:
5,800
19%
.
"
;v.;.ii%; "mil
16%
•
,
J
35%
.
1,700
54%
24%
11%
'134%'
•
1 Va
1%-,
6 Va ...6%
*19 Va
19%;
16% ;
,
100 Va
10%
'10'/a
*100%
150
14%
54%
54%
54
'
*98! ;
100%
.
'
35%
34%
35 Va
10
10%
10%
{
100%
100%
'
100
*
Gulf
Corp
*14%
14% *
53
'.'34
Ȥ8
400
7,900
8Va
98%
96% '
•41 Va'
Oil
7%
*95%
14 Va
Gulf Mobile St Ohio RR com.No par
65 preferred— —J—
1
No par
Gulf States Utilities Co
7%
98%
52%
100
preferred
Guantanamo Sugar common
65
7%
♦95%
14%
3
Aircraft
7%
96%
.
2,700
'
'
14%
37%
800
17%
50
*49 Va
95%
x95%
♦95%
76
17%
.,
8,200
21%
21'/a
7%
7%
—
Common
Grumman
.
95%
Greenfield Tap St Die Corp—No par
(The)
r
50
7%
7%
'
*74%
50
4,800
12%
12 Va
.
11,200
31
*79%
*
'
6 Va
25%
6
13
1,900
71
25%
22,
17%
,.
17%
71
Va
77
21%
102
♦67
12%
17%
;
-
Green Bay St Western RR
Green (H L) Co Inc
—
12%
700
17 Vt
80
♦79
12%
12%
12%
21%
7%
1
Gt Northern Iron Ore Prop—No par
Ot Northern Ry 6% pfd——No par
80
*79
81
6
310
19%
*68%
,
25%
17%
49 ■
43
"
5
100
com
25%
22%
'
;
5%
25%
17%
1
Co common
preferred
Grayson-Robinson Stores
6%
24%
.
100
1,700
19%
72
22
8TOCK
CLOSED
54 Va
No par
*68
700
24 Va
♦100
17%
73
5,600
25%
102%
102
19%
*70
.
5%
i.24%
81
72
6%
24
12%
73
♦68
72
6%
..
*70
17%
5
21
*237/a
102
*100
17%
16%
73
*19 Ve
19%
102
*100
122
*25 Va
24 Va
24
13
20%
102
X102
24 Va
*19
19%
16%
*79%
10
City Steel
24
102
25
105
105
24
22 Va
5
25%
24 Va
EXCHANGE
*118 Va
122
*25
7
100%
5
♦118%
24%
♦68
72
36
-
13,500
1,000
24%
*71
73
52%
!
15%
25%
16
100%
1_
♦15%
15%
5
19 Va
No par
No par
_No par
12%
16 Va
21
*100
No par
;
4,300
12%
*4%
16%
7
2%
12%
♦20%
19%
102
*68
2%
21
23%
♦71
22%
5
104
.
*12%
21
23%
14%
♦14
'1,200
1,200
2,700
1,500*
13%
2%
21
103
,
23 Va
*24%
107
99%
2%
13
*20
25%
900
125
99%
14%
39,400
537/a
53%
♦124%
100
Shares
share
12%
122
5
4%
4%
21
15%
*118
122
♦118
&
19%
15%
15 V»
15%
54 Va
14%
13
No par
Co (The)
Greyhound Corp
Feb
10
com
Graham-Paige Motors
Granby Consol M S & P
Granite
12%
♦100
100
preferred
Union
12%
1
com
Gotham Hosiery
Grand
13 Vs
12%
the Week
125
99%
2%
23%
"
10
.t44
..No par
__50
'
12%
2%
5
2.50
*124%
Betew fer
4 per
f per share
23
12%
2%
122
Friday
June 17
1
Thursday
*22%
22%
12%
106
5
Goebel Brewing Co
;
Gold St Stock Telegraph Co
Goodall-Sanford Inc
65
102
14%
23
*24%
20
No par
14%
2%
21
_l
preferred
14%
12%
4%
_ioo
(B F)
127%
•100 %
99%
22%
*118
No par
Gleaner Harvester Corp
Glldden Co (The) com
99%
100
2%
15%
No par
100
common
124%
124%
12%
12%
5
com
99%
14%
2%
Gillette Safety Razor com—No par
65 conv preference
No par
conv
1,400
*126Va
53%
124%
23%
10c
com
124%
100
12%
preferred
100
8%% preferred
—100
Georgia-Pac Plywood & Lumb Co_l
4%%
45%
45 Va
127
54
52%
53
14
4%%
$4.50
1,600
103
share
23
1
JNo par
preferred
Gimbel Brothers
100
6%
45%
June 16
14
10c
Gen Tire St Rubber Co
Goodrich Co
Jun
16
5% Mar
Co
51%
'
.
36%
Feb
99%
Corp
65 preferred
Goodyear Tire St Rub
17
104% Feb
53%
124%
124%
6 per
% per share
share
52%
t per share
No par
Cement
Mar 24
14%
Dec
Advertising
Utilities
97Va
♦126
June 15
June 14
8 per
No par
Feb
45% Jan 26
99
1
Mar
*12
103
5%
Nov
9% Mar
64
14
18
Feb
23
14
34
23%
Feb
29%
Jan
17% Jan
52 % Jun
105%
Dec
5%
89
.
116
100% Jun
Oct
Public
June 13
No par
series
Portland
1
Wednesday
Tuesday
Monday
''
Oct
50%
Dec
2%
-
53% Mar 25
3
103% Aug
-15% Aug
".
3
5% Jan
Nov
64%
96% Mar
■'
91
48 % Jan
Oct
24% May
-" 38% Mar
15
Jun
"
Dec
47% Mar
94% Mar
103
No par
4
99% Apr
30
19% May 10
Outdoor
1
6,700
6%
♦96%
7
45%
!
19,600
41 Va
*100
127
*100
General
22 % Apr
Dec
Dec
Feb
•126
4
26% Apr
Apr
27%
127
105
No par
Dec
82% May
*126
♦100%
General Shoe Corp
Gen Steel Castings $6 pfd
General Telephone Corp
18%
Jan
127
6%
\
45%
44%
45
96%
6%
105
10
com_.
Gen Realty St Utilities
General Refractories
98%
72%
45
45
>96%
1
♦126
June II
Gen Railway 8ignal com
6% preferred
Jan
5% May
21%
102%
45
'
>
LOW AND HIGH BALE PRICES
preferred
General
6%
*100%
Saturday
Gen Precision Equip Corp
Gen Public Service
Gen
20% Jan
123
Gen
♦96%
6%
41%
100
STOCK
Motors Corp
65
3
26
15%
General
97%
20
35
40%
35
100
Par
100% Jun
14
Dec
No par
5% preferred
1%% conv preferred
125% Jan 17
17
10%
18%
5
Jan -6
.
25
Feb
♦96%
1,100
129
34%
34%
I
100
17%
*
129
129%
40%
35
25%
•17%
17%
17%
*127
97%
41 %
7
♦24'/a
41%
X34 %
41%
42%
97'/a
6%
EXCHANGE
2
34%
41
x6%
41%
♦96%
1
—
NEW YORK
62% Feb
12% Jun
2%
120
14
22% Jun
18% May
4% May
34%
34%
34%
No par
.No par
com_:
8 per share
Nov
•'26
.
12% Nov
Corp
63.50 preferred
General Instrument Corp
General Mills common
Highest
•
8 per share
Oct
16%
No par
...
General Foods
Range Since Jan. 1
Lowest
Highest
8 per share
93%
132
♦130
100
129%
♦127
*67 Va *.71
25 Va
♦23%
17%
17%
17%
130
130
6%
6%
71
',♦67%
25%
*24%
24%
17%
*
STOCKS
Year 1948
119
25%
17%
17%
6%
6%
71
*67%
71
24%
-
6%
6%
♦67%
71
♦24%
preferred
General Electric Co
Range for Prevlons
Lowest
50
No par
General Cigar Co Inc com
7%
♦67%
100
6
6%
6
No par
com
'
Jan
118%
97
General Cable Corp.
4%
1st preferred
m't
59%
Wl
£
i200
&.400
17%
t
i Hi
4* ?
Tf**
THE COMMERCIAL & FINANCIAL CHRONICLE
(2654)
22
YORK
Highest
Lowest
I per share
J per
I per share
Saturday
June 13
$ per share
Par
$ per share
share
Monday
LOW AND
STOCK
EXCHANGE
Highest
Lowest
YORK
NEW
Range Since Jan. 1
Year 194H
RECORD
STOCKS
♦
Baace (or Previous
STOCK
June 11
NEW
Monday, June 20, 1949
HIGH SALE PRICES
Wednesday
$ per share
June 15
June 16
Friday
Sales
June 17
$ per share
t per share
tper share
T
Thursday
Tuesday
June 14
$ per
for
the Week
*
share
Shares
H
35%
31
Nov
12%
=
12%
Dec.
Oct
31
Jan
4
33% Mar 30
Hackensack
Sep
16% Jun
7
19% Jan
Halliburton
Oil
12
16% May
89
4
81
Feb
107.
Jun
104% Apr
21%
Feb
27%
Jun
150% Jan
146% July
20 Vs
4%
19
Jun
142
8
Dec
2
17
23% Jan
13
Feb
4
24% Jan
19
149
May 12
3
43/4 Jan
Jun
106% Feb
5% Jan
20
Dec
79
Jan
Jan
Feb
11%
Jun
6% Jun
14
6%
Feb
11%
Jun
5% Jun
7
61
26% Jan
19% Feb
20 % Jan
13
23% Feb
4
17
91 % Feb
24
Jan
30
42
Jan
Jan
3
Jan
103
May
98'A Jan
14
Nov
Nov
23 % Jan
4
1003A Mar
Jun
343A Jan
6
39
22%. May
13 Vb Jan
4
15
57%
40
1
41%
Dec
Oct
Apr
120%
Dec
128%
Feb
25%
Oct
30 %
Mar
127% Jan
32% Apr
122
preferredMotors—L'.
—No
preferred
Nov
123% July
27% Jan
113% Jun
17
14% Jun
14
21% Jan 26
Hewitt-Robins
17%
Nov
283/4 May
14% Jun
14
21% Jan
Hey den
78
Oct
86%
Jun
79% Jan
3
9
Dec
14%
Jan
12%
Jail
Dec
25%
,21%
Feb
29% May
20
9%
Dec
16% May
303/4 Jun
9
15
3
May
15'A
Feb
17
22% Jan
30
Oct
24% Mar 10
27% Apr
1
29%
Nov
42%
Feb
34% Jan
41% Apr
4
24%
Nov
353/4
Jun
x24
Apr
29
29
99
Dec
Dec
100
Jun
1
108
30
99
103
' Apr
9% Jun
13
96
11
Dec
183A
jun
Jan
Feb
11
Jan
28% Jan
6
Jun
863A Jan
6
38
Mar
49
Oct
43
Jun
17
% Jun
17
48 3A May
Feb
38 3/4
Juu
29% Feb
7
Dec
23
Jun
12% Jun
14
15
Jan'
8%
Sep
143/4 May
.•8 3/8 Jun
34%
Jan
50
Nov
33% Jun
12%
.,
Dec
22
3A jun
Dec
19
Apr
Dec
5
May
pfd scr
2nd
39
8'/BJan
38
38
38
13%
13%
13%
13 Va
40%
40%
41%
c40.
*124%
125% '
'124%
30
*29
30
115%
15%
14%
15
15%
14%
84%
*83%
*83%
15%
*15 Va
.
8%
*12%
13%
*12%
20%
20%
20%
*8%
9%
17
24%
*24%
39
39%
39%
24%
101%
i-^No par
9%
99
99
50
x20%
20%
20
9 Va
*9
/
13
11% Mar
7
47% Jan
Hudson
14% Jan
28
11% Jan
Hunt
Foods
1% May 23
'2% Jan
Hupp
Corp
5%
2
12%
Sep
143/8
8% Feb
10% Jun
Jun
Jan
14
6
Inc
93
31%
*30%
31%
30%
30%
*30%
30 Va
88
88
44
44
31%
12%
12%
12
32%
33
%
6%
*9
10%
6.66%
8%
8%
8%
1
1%
1%
1%
No par
10%
10%
*10%
Hussman Refrigerator
Range for Previous
t per share
$ per share
Highest
4
$
t per share
per
30%
'
>■
share
:
9%
\
I
.
353A
31% Jun
7
Jan
7
Idaho
423/a July
22% Feb
24
30% Jan
7
Illinois Central RR Co
90
73
13
84
Jan
7
Jan
4
July
Jun
35
95
Sep
97% May
96
Jan
96
24 3A
Jan
37% July
20
Jun
28% Jan
30
253/4 Jan
31 % May 14
52
52% Jun
26% Aug
May
Jun
9%
Feb
12%
Jun
Nov
26 Va
Jun
213/a Jan
153/4
Jan
56
Jun
7% -Nov
38 Vi
Dec
58%
Nov
76% Jun
Feb'
150
4
160
Jun
155
Nov
.30
11% Jun
6%
Feb
13
Dec
23% May
86
Dec
11%
103
Jan
3
Apr 25
9% Jun
13% Jan
16
7
174%
Jun
164% Jan
3
175% Jun
9 ye
Jun
53/8 Feb
24
15
Feb
38 %
Jun
14
£9
71
Dec
93
Jun
73% Jan
17
81% Mar 11
5'A May
33/4 Feb
26
43A Jan
10
25% Jun
14
31% Jan
7
65
:24
Oct
139% July
643/8 Jun
Feb
99
14
May
Dec
107%
Jan
64
.39%
Nov
45
May
.41% Jun
July
Dec
137
Jun
94
4
143
13
Jan
13
Jan
57
Jun
51
Jun
99
15
Jan
41
Jan
Mar
653/4 July
38% Jun
14
30
Mar
35
32
71
.61 *
5
43
8 3A
per
5%
343/8
29
98
21
28%
52
8
29
52
353/8
35%
60
SQ
59
593/4
60
*159%
165
*159%
31
12
12%
11%
113/4
11%
12
1
*8
8%
*8%
*159%
165
30%
—20
8%
13%
12%
12%
13
13
".13%
89%
89%
89%
89%
89
89
*89
1;
*1%
13/a
1
9%
149
No par
10
..
x23%
preferred
100
—
174
149
23%
175
*1%
1%
1%
■
93%
150
23%
233/8
24
173%
174%
174%
175%
5%
5%
53/4
9%
10
148%
23%
5%
9%
9%
149
149
148
Mar,
Jan
44
Int'l Hydro-Electric Sys class A„25
&
8
Feb
9
Feb
17
—'
5%
24
24
x24
*71
78
*74
_*_100
15
STOCK
<
International' Shoe
13
International Silver
7%
100
nNo par
139%
41%
43%
95
.
95
5%
573/4
;x53%
x41
25
•
—
25%
*138%
EXCHANGE
No par
—
common-
preferred
26%
40
25
3%
33i
253/4
CLOSED
4%
*31%
5%
*138%
41%
*94%
5%
,
4
26
*138%
8%
*13
13%
;13%
1 Va
10
5%
I:
4'<0
5%
5%
5%
h
1.8C0
24%
*74
*4
26%
*138%
43%
•
*95
*5%
25
78
78
433/4
.
*57
59
*57
59
*57
54
51
52
*50
53
*41
41%
41 %
41
41
38%
40%
40%
40 %
32 %
32%
*31%
32%
1
60
300
T53
400
41%
*41 Va
41%
1,560
57%
57
*49
•
200
fc
5%
*5%
59
*52
12.300
96
*95
5%
r
44 %
43 %
»
4.600
22,300
f
139 %
*138%
r
j
26%
26
96
-
4Ve
4 V8
4%
263/4
139%
800
25
*74
24%
53%
34
2.700
•/
58
40
14,400
149
24 Vs
5%
41%
5,000
174%
95%
*5%
*•
23%
44
95%
170
6t 0
9%
148
148%
700
,
1%
9%
iy4
r
90
89
90
1743/4
5%
139%
423/a
42 3/«
95%
G,f00
3,600
*8
•
24%
26 3/s
139 %
'
31%
,12
175%
4%
26%
165
*174%
78
4%
3,900
23%
24
78
—No par
Salt—i——
27
Jan 27
25
Co com
preferred
Jan
34
25
;
.573/4 Jan
4
■
*71
Int'l Rys of Cent Amer com—No par
International
5%
5
com
Corp
Int'l Nickel of Canada coin--No par
Papey
$4 preferred
v
—100
1
Chemical
preferred
Mining
International
5%
"
*40%
41%
40%
40%
*31%
32%
*31%
13
«% Nov
16'A. Jun
7% Jun
14
11% Apr
4
11% Apr 11
17% Mar
26% May
35'A Jun
18% Feb
17
213/4 May 17
223% Mar
Nov
24
Jan
3'
24
Jun
138
Jun
393A May
Jan
145
May
29
Feb
1
14
.32
Jan
21
13
148
Feb
2
International Telep. & Teleg—No par
7%
Foreign share ctfs—iNo par
Interstate. Dept Stores
No par
Intertype Corp
—
-■
No par
*24
8
20%
7%
7%
7%
7%
19%
19%
7%
7%
8%
*7%
8%
8%
8
♦
8
*19%
common
:*24%
preferred
*24
25%
50c
25
.25
24
24%
24
X
Island Creek Coal
$6
8
20
8%
138
142
*141
143%
*141
25%
*19%
20
•'
25%
24
;
24%
-
-
.
100
24
19%
24.
'•
42,200
-
700
8%
*19%
;
24%
24%
141
8
7%
*7%
19%
24%
141
143%
'
1,100
T
24%
10
.
24'% - U143
'.*139
2,700
;,v„
May
2% Jun
13
18
Dec
23'A
Jun
113/4 Jun
14
18% Jan
24
Dec
92%
Jan
81
Jan
3
86 V2 Jun
7
39%
Feb
48
May
44
Jan
24
89%
Oct
33%
Sep
Feb
203A
99
May
42% Jun
113%
Jun
95% Jan
17
30% Jun
5% Jan
Jun
6
Feb
35
Oct
30
Jun
Dec
106
May
102
Feb
15
Jan
158
Jun
155
May 23
102
39%
Oct
21
Jun
Feb
93'A
Apr
73% Jun
Nov
43 ye
Jun
31% Jun
3
7
36
23
Jan
7
9
160
15
30%
Jun
110y4 Feb
14
Apr 26
<33% Jan
86
Jan
Jacobs,(F L)
Co—
1
2%
—_No par
*11%
,
Jaeger Machine Co^.
27/8
13
2%
11%
2%
3
2%
11%
*11%
12%
86
*84%
49
49%
2%
■*11%
86
'
104% Apr
14
83%
8
40% Jan
13
99
■
513A May 27
6
101
145
29% Mar
50
.
'•
*
79%
100%
500
.
i
Dec
900
i32 %
'
7% Jan
4%
^3,300
.
11%
i
-
,
No par
common
8%
123/4
5
100
♦.
59%
303/4
12 V8
*8%
8%
300
5%
36
,36
31%
12%
6=0
3,200
2,300
24
.59
*159%
165
31
,
10,400
,*♦
8%
53/4
;
36%
59 %
1.320
f!
29
,24
6
35%
'SQ
200
;•
52
*8
24
*5%
6
35%
34
28%
52
.
8
*
24
23%
*5%
6
*53/8
8
8
23%
23%
233/4
21
*
7%
8
'
r98
,?21
29%
52
283/4
52%
;
15,000
76
21
20%
52
29%
*52
*94
20%
(-
24%
*94
76
98
*94
98
20%
20 if
32
233/4
*72
*71
30 3/s
Rubber—-No par
—No par
Iron
Preferred
for
Shares
1,800
32
24%
76
30
Ctfs Inc
Minerals
Sales
the Week
$ per share
32%
23%
24%
30%
*159%
Harvester
4%
300
Friday
32
32%
23%
*71
75
165
58
100
Business Machine—.
Int'l
5,000
•June 17
June 16
$ per share
share
30
International
16% Jun
29
34
Int'l
7
Nov
137%
-
5%
.
—No par
.
8'
Feb
Mar 26
7% Feb
17
Jun
8
53% Jan
5
5% Jun
Jan
2,300
f
10 Vi
Thursday
♦
'
7% Jan 24
233/4
.52%
24 %
23%
Int'l
7%
*
1%
10%
i
10%
*10
9%
1%
*93/4
1%
1%
9,700
PRICES
A——.—No par
Corp, common-,
preferred
Interlake
8%
8
1
,
Intercontinental
Oct
5%
Rayon
Ingersoll-Rand common
6% preferred
4% %
10%
"
5
Indianapolis Power & Light—No par
Industria Electrica De Mex, S A—
93% Apr 20
2% Jan
8
8
166% May 19
7'
28% Jan
423/8 Mar
Illinois Terminal RR Co—-
11
Jun
5
.86
52%
Interchemical
r
Jan
29%
52%
15% Jan 26
223A Jun
135
21%
29%
—50
30
Xl45% Jan
34%
*94
16
Dec
24% Mar
> 98
20
8% Feb
Jun
3% Mar
*94
3
x34%
Nov
*71
100
1000
A-':
Jan
Feb
5 %
pfd ser A—100
-
series
Inspiration Consol Copper
1
;
4 500
-
10 V8
10
10
9%
1%
34%
.34%
•
300
9%
*9'
10 Vi
32%
23%
8
Dec
:
4%
ctfs
Insuranshares
i/.oOO
•
Va-
10
$
32%
22%
18% Jan
26%
160
32%
75
14
125%
156
323/4
Inland Steel Co
May 31
6
6
34%
SALE
share
24
preferred
Industrial
1,000
5%
6
*9
June 15
73
12% Apr
86 % Jan
Jan
$ per
$ per share
700
33%
•
Wednesday
22%
8
8
t per share
Par
11,900
,
12%
33
10
June 14
Illinois Power Co common—_No par
4.10V'
AND HIGH
Tuesday
June 13
32%
413A Jan
33/4 May
163/8 May
Feb
7
67
21% May
8% May
Dec
10
165
Feb
Mar 30
8% Jan
Jan
15%
7
413A Jan
-
Jun
47%
1%
26
Jun
34% Mar
-
7
10 Vb Jan
33'A Mar
55
21
LOW
Monday
—20
conv
lines
stock
33%
12%
32%
34'%
*10
10%
common_100
Co
non-cum
Leased
RR
;• .33%
12%
10
1%
'
73A Jun
20 %
6%
Power
33 %
:■
Apr
27% Mar
Jun
15,6JJ
34%
1%
June It
-
■%
43
33%
9% .10% :
10
*9%
.
9%
;
Saturday
'
62%
Fub
'
'
EXCHANGE
,
.
STOCK
YORK
NEW
Range Since Jan. 1
Lowest
Highest
,
Cb
STOCKS
Year 1948
Lowest
1
3,500
%
*9
34
'
10%
50
43%
%
33%
10
33%
10%
34%
9%
2,900
43%
33
6%
6%
100
■>
31
.89%
*88%
*12%
Vi
33
6
<31
'.30%
u
32%
32
.
12%
32%
40
240
2,200
9%
43%
:
•
31%
=
*30
30%
91
500
1
99
9%
31%
30%
*89
44%
44
'
'
24%
103%
*98
30%
700
2,300
393%
*102%
103
98
;
*24
24%
*23%
*30%
7%
34
9
10 Vi
12.50
1'
-'•39%
103
33
9%
Bay/Min & Sm Ltd—No par
—
39%
,
.
99
'
10 %
25
10%
32%
6%
preferred-—1—100
non-cum
24%
103
13
32%
HUdson Motor Car—
24%
'
common—100
Manhattan
200
1,000
9%
'
900
9
9%
44%
13%
20
17
98%
91
400
16 3/i
9%
*89
1,600
17
9%
30%
x'31
Hudson &
•
50
83i
20
9Va
*101%
99
3,400
12
*13
13%
700
15%
84
8%
20
39%
24
24
24%
101%
*98
91
44%'
5
—1
K'
24%
101 %
-
15%
153/4
*83
12
31
30%
1
v
Corp—
•.
290
24%
39%
39 Va
39%
200
*29%
17
=25
*24%
20
30%
116%
'
>116
12
*12%
18
*17
;"
125%
8%
8%
*12%
25
125%
15%
10
31
—No par
t c——25
Stores
17
17
17
9,4C 0
16
11%
*9
400
4.40 %
83%
8%
9
24%
*89
Howard
9
13%
40%
15%
15%
12%
13%
*8%
8%
.13%
125 Va
30
83
<84%
350
38
38
.
116%
15%
16
*83%
800
-
13%
*116
45 Va
15
15
84%
200
27 %
38
29%
116%
100
99 %
*35
.41%
*125
30
*29%
116 %
116'A
113%
15%
125 Va
*125
125%
*29
115%
STOCK
*37'/a
,35 3/i
99%
*26%
26%
*13%
40
92
100
*37%
13%
24%
—
98 %
'26%
40%
101%
Howe Sound Co
5
26%
100
22
*91
35%
*35
*
100
26%
com—5
preferred
conv
3
Feb
*98%
26 V*
—No par
A—No par
A
com
26=
9
99%
26 %
700
7%
*21 %
'
92
13%
—.12.50
Mining-—,
Houston Oil of Texas
20
35
35
99%
26
preferred
100
Houston Light & Power—'—Np par
Rights "when issued"——
46% Jan 20
7
36%
*91
40
33/4%
37% May 17
13
4% Jun
*35
10
30
—
preferred—-,i..
conv
$2.25
16
14
32% Jun
36%
100
20%
$4.50
4
3/i Jun
33
Dec
92
1
$4.25 preferred
95% Mar 14
Jun
22
*91
5
Co_.
& Sons
(A)
Hooker Electrochemical Co.
32% Apr
943/4
8%
21%
*21%
5
E)
(Charles
Furnace
Household Finance com
46%
343/s
Oct
47
21%
217b
92
13% "
Co
33% May 20
11
Dec
Nov
Sep
4,1C0
*12
Houdallle-Hershey
81
33A
20%
12%
May 3
12% Mar 30
Jan
20%
*12
Homestake
Mar 28
29%
20%
6,200
20%
8%
5%
13
Jan
27
30
5%
21%
21
21
20%
38%
100
Corp_
Holly Sugar Corp
21
Dec
3
53/8
12%
Hollander
18
25
.
IV*
5%
20%
8%
Holland
10% Jan
16% Jun
7VB
5%
12%
Hires
247/B Jan
May 26
7 Va
5%
*21%
CLOSED
64
6%
5%
*91
EXCHANGE
*613/4
64
1,700
•
6%
21%
25
5
5%
5
Hilton Hotels
*61%
10
9tU
21%
4%
4%
6%
64
Hinde & Dauch Paper Co (new) —10
May
16
Jun
213/i
22
5%
92
par
J—1
preferred ser A—:
64
*61%
145
6%
26
—.»—5
Inc.—,
Chemical Corp—'
3'A%
97/a Jan
15
16
12% Jan
7
84 % May
8% May 20
11% Jun
19
*61%
21
*98%
100
No par
—No par
—_
Hershey Chocolate com$4 conv preference
15
Jan
2,000
*142
7
*35
100
—10
common
non-cum
5%
5
14
ibO
19 %
<
4%
300
76 %
105 %
5%
*21%
Hercules Powder common-'— _No par
27
1
263/8 Mar
7%
Hercules
4
15
122% Feb
Apr
114
Jun
preferred
(G W)
4%
•;
•
%00
113/8
113/a
-19%
21%
4%:
2,900
13
*75
145
*142
21%
4%
*91
25
Co common—
(H J)
3.65%
18
35%
Dec
20%
15
Helme
13
Dec
13%
4%
16%
105
76%
105
19%
<
33
16%
64
5%
—100
Heinz
1
Apr
463A Jan
34%
,
preferred—
33/4%
28 VA Mar 30
24%
Co
Glass
*6%
5
_
*61%
1
2
Hecht Co common--
Mar 30
36
Dec
95%
22%
29%
1
x4%
100
common
Mfg Corp——
Hazel-Atlas
223/s Mar 14
27 % July
20
ICO
33
*12%
11%
11%
*75
*104%
145
21Ve
21%
4%
13
76%
*142
*20%
16%'
105
19%
19 Va
*142
,
21
*75
*104%
145
33%
:i6%
*12%
.11%
*11 Va
'
105
19%
144
144
11%-
104%
*32%
16%
13
33%
12%
76%
*75
,
19%
20%
——
Hayes
91
84
America
preferred
4% %
7
Oct
19%
--10
Hayes Industries Inc
Jan
Jun
Corp of
Hat
14
78
76%
105
;16%
13
*11%
11%
11%
*75
*104%
*32%
16%
16%
*12%
'
83/« Mar 14
20%
Mar,
5
*
^No par
Marx
Schaffner &
9% Jan
.
3
x20
Printing Co
33%
*33
32%
xl6% .17%
13
*12%
Cementing—5
preferred—
conv
Hart
67% Mar 21
5
6%
59
Well
—100
Hanna (M A) Co $4.25 pfd—No par
Harbison-Walk Refrac com__No par
6% preferred
——-——100
4%
6
4
203/e Jan
34% May
Dec
Jan
(W F>
Hamilton Watch Co com
13
24
73
Jan
(X10IV2
Hall
J4% May 19
.Mar 29
3
Jan
Jan
113/a Mar
Xl4% May
Dec
Mar
79
~7
*33
25
Water
22%
Feb
15 %
7
3
^40% Mar 16
Jersey Cent Pwr & Lt 4%
Jewel Tea Co Inc com
3%%
pfd—100
85
85%
No par
49
49
100
*101
±
preferred-—-
.
Johns Manville Corp com-—No par
3%% -preferred-—
Johnson & Johnson
4%
32%
100
102%
12%
common
30
2nd preferred series A„—100
<5%
49
*101
102%
*101
102%
33
33%
33
33%
102%
30%
103%
*155
165
*102
30
102%
*155
103 Vs
105
103 Vs
33%
*103
Manufacturing
33%
*103
105
•<
1,900
1■
,
51%
V
120
103
30%
30%
*30%
30%
*102%
103%
*102%
103%
165
*155
165
*155
165
*155
165
31
21%
22%
21
21%
21%
74%
74
74 Vi
73%
74%
32%
31%
32%
32
32%
22%
22%
74%
31%
;
22 Vi
74%
21%
1,300
■
32%
74 %
350
32 %
:5,300
K
Dec
21
9
May
May 10
12% Jan
8
Nov
98
■
City
10
94 % Jan
993A Feb
9
Dec
101%
Dec
100% Feb
103% Jun
13
4%
23%
Feb
48%
Oct
433/4 Apr
12
Kansas
56
24"
4%■ non-ciim preferred
1
100
Kayser (Julius) &;Co
5
Kelsey Hayes Wheel conv class A_1
48% Mar
60%
Jun
13%
Dec
<
18
20%
•
x34% Feb
Feb
1,
16%
Dec
1;
26% July
22% July
52
May
17% Apr
xl3%Jun
■For footnotes see page 28.
Jan
10% Jun
<
Jan
14'/a Jan
21
13
,
7
21% Jan
8
17% Jan
7
Class
*8%
9%
1
98 %
*98
103
*98
100
103%
35%
37
52%
52%
11
11
B
*8%
103 %
100
City Southern com__No par
preferred
cum
j
%
9
*8%
V4
9
9
*8%
9
9 Vi
t
,
100
Power & Lt Co—
May
•8%
3.80%
j -1
j
.
■
Kalamazoo Stove & Furniture
Kansas
x89
; -/
1 '
13.700
22 Vi
32 Va
:
11%
:
'
10
.
*73%
74%
32%
■■
'•(
j '
200
103%
*30%
1
—
.
13,200
34 Vi
105
*102%
30
i 1
1,400
(
;
"
200
■
86
102%
1
Co
♦
*102
34 %
J
Joy
86
51%
102 Va
*101
■»
11%
11%
-
51%
33%
3
*2%
2%
12%
85%
*51
100
preferred series A
8534
51%
102%
*102%
Joliet & Chicago RR stamped
100
Jones & Laughlin Steel com—No par
*84%
—
preferred—
-
—
1
t
xl8
18
xl3%
13%
98%
103
35%
52 Vi
•*98
98%
*103
103%
<-103 Vi
37
37%
37%
52%
52%
*52%
53
11
11
52 V4
*11
11%
*17%
18
13%
13%
•
38
36%
*93
11 %
*17%
•.
17%
'*17%
13%
13%
"<*13%
98%
*93
98%
103%
37%
53
—
54
3,900
—■
700
11 Va
*11
*17%
18
*13%
13%-
•
43%
%
2
700
11%
18
:
'510
103%
37%
103%
'
il
■<
300
1,000
-
.Volume 169
Number 4813
THE
COMMERCIAL
NEW
Range for Previous
;J
Range Since Jan. 1
Lowest
Highest
$ per
per share
9 per share
share
4
YORK
FINANCIAL
$ per share
.
Feb
60%
Oct
40
Jun
6
56% Jan
12
Nor
51
Apr
39%
Jun
14
46% Jan
7
127/a
Dec
Saturday
Monday
Tuesday
June 11
June 13
June 14
Feb
Oct
11% Feb
25
17% Jun
i.5
90
11 Va
Feb
Jun
14
100
10% Jun
63
May
24
104% July
14%
*
Jun
75
Mar
Jan
37%
-
13% Jan
14
-14
Mar 18
67
:
par
Kennecott Copper
Kern County Land
$ per share
S per share
11
Oct
62
:
25% Jun
1*
29 V*
Dec
89
Not
95% July
X90% Jun
-
32
Feb
39%
x35% Feb
16
45 Va
Feb
Jun
48% Feb
58% July
49
Oct
40% Not
'43
May
,
May
98
42
41%
42%
42%
43%
42%
43%
42%
39%
39'A
39%
39i/a
39 V*
39%
39%
39%
12
14
3
12
..
12
12
17%
17%
17%
17%
100
92
92
90
90
11%
11%
10%
11
12
*11%
:
i>ar
2nd Dreferred
conv
*10%
,65
K
11%
1,000
18
1,400
i
*90
91%
90
3
11%
*10%
11%
500
|:
66
•*10%
65
M
11%
*17%
*64
66
10
f
,91%
*90
11%
.■?)
12
11%
91%
2.000
18
12
17%
17'A
,*90
.4%
■51% May 18
preferred
-
-No
38%
53
50
6,600
9 2'A
200
*91
92 V*
*91
38
38 V*
.38
38%
38
38
53 %
49%
53%
54
2,700
50
50 y8
3,500
j
3,100
53
53
53%
49
i
.
26%
92 y4
52%
53 Va
49 V*
...
25%
26%
26%
*91
38 V*
38
*64
26%
26%
92'A *■
*91
.
1
26 y4
26
91%
38
par '
—No par
65
*63%
27%
91%
i—10
Kress (S H) & Co_'
Kroger Co (The)
65
26%
100
—
Co—L—
Kresge <8 S)
*63%
|j
11,300
■
7
.39% May 19
:
55 % Jan 20
Jan
Shares
43
40
Kinney ,<G ft) Co common—
—1
$5 prior preferred
No par
Koppers Co Inc common
___10
26
Jan
the Week
39%
4%
•!;
Sales fer
share
41%
Kimberly-Clark Corp com—No
4
31% Jan
9
Friday
$ per
$ per share
$ per share
share
June 17
June 16
June 15
No par
5
Apr 26
•
$ per
Thursday
Wednesday
Co__
5
Keystone Steel & Wire Co—No par
7
22% Jan
■
LOW AND HIGH 1BALK PRICKS
*
•
*
<
(2655)
RECORD
.
19
92
CHRONICLE
STOCK
STOCK
EXCHANGE
40 Vi
Oct
NEW YORK
Highest
42V*
16%
&
STOCKS
Year 1848
Lowest
.
49%
49
43%
53%
*
4G)J/a
.;
'
f
-4%
6% May
Feb
■4%
Dec
12
Dec
24
4% Jan
Apr
17
Mar
:
9% Mar
42
14 Ve May
Oct
25% Aug
35
47
Mar
14
43
Jan
7
V 19% Jun
14
37'
Jan
LA
Bryant common
4Va% -preferred -
Lee
Mar 21
Dec
26% May
17% Jun
14
22% Jan
99
Jun
90 % Jan
20
98
Feb
13% May
6% Jun
3
11% Jan
10
Dec
33% Jun
13
40% Jan
24
8% Jun
4%. July
3% Jun
13
5% Jan
7
t" 1% Jun
3
30% Mar
39
4% Mar
1%
Jan
19% Mar
' 5 7/a
Jab
19% May
:
41%
Feb
56
May
x41% Jun
Dec
12
!., May
8% Feb
21
Feb
..,16V*
15
Jun
4% Jun
22
26%
Jun
;
Dec
56%
Jun
.44% Jan
4
8
NOW.
.10%
Apr
6% Jun
14
38%
Jan
34% Jun
14
41
41
cumulative preferred
r.Mafc
157
Oct
33
Nov
iJan
91
72% Aor .13
174% Mar
47
v
14
33
:8% Not
55% Mar.
Jun
15
,41
13
70% May
15%
23%: Jan r
40%
200
300
17%
17%
96
96
20
7
7
7
4,900
34%
3%
1%
15%
15%
3%
1%
1%
•
34%
3%
3%
33A
3%.
2,600
1%
-
.
34%
1%
1%
1%
2,700
15 V*
3%"
-
'
34%
34%
34%
34 %
15%
*15
i5ya
1,000
5>A
100
43
43 y8
6,600
9%
600
1,700
M
'
15%
*15%
*4%
5y4
4%
•47/8
45%
45%
:
x41%
42%
9%
9%
t
:
-No par
22%
22%
22%
22%
47%
47%
47%"
,
47%
6%
6%
6%
34%
34%
80%
\ 79%
9%
42%
*9'/«
9%
23 Va
23'A
22%
22%
1,700
47%
9%
22%
227/8
47%
47 »A
47%
2,100
4,500
9y8
'
'•47%
34%
79%
6%
5'A
*5
42 y4
•
34%
v-
Savers Corp_C
l_1
5
Liggett & Myers Tobacco .com.—,.25
.
*16%
•
98
9%
r
48
6 7/a'
»6%
,
,
' 6%
,
*34%
35%
80 J
S-79%
176%
V 33
'6%
176%
,6%
:i76ya
34%
6%
,34y8
6%
*34'A
79%
34y8
700
4
176
100
_w—
39%
6%
5%
preferred
*37%
*96
46%
■■1%
39'A
*16%
*9%
Corp—1—t
500
39%
L
7
*4%
Stores
100
21
17%
45 V*
(The)
45%
*19%
98
6%
5
Corp
*44%
20
*16%
_1
non-oum
200
45%
20
*44Va
*96
7
1%
15%,
400
1,600
10%
no
'
Llfe
7
.
15
*38%
k
Libbey Owens Ford Glass——No pair
LibbyMcNeill
&
Libby
.L
7
8
;66% Jan 10
52 % Jun ,17
:
CLOSED
preferred_^No par
2nd pfd
:_^No par
207/e
-3 %
1%
1st
•46
*20
34 V*
3%~
1%
non-cum
*44%
v
3%
19%
17%
6%
3%
Lerner
14
Apr
rlO'AJan
33%
10
10
3%
19%
4
98
17%
34
10
*9%
6%
11,300
6'A
6%
19%
40%. r
*96
7
STOCK
50a
18
176% Jun
.;X6% Jun
Jun
Feb
May
13%
i70
98
6%
EXCHANGE
Lehman
j37% Apr
1
,88% Jan 22
82
18
*96
.1025
_1
•; r?
.53 % Apr
*17%'
100
19%
20 V*
*38%
Lehn & Fink Products.————.
8% Mar 30
31% Mar
20% Feb 25
T_—_5
& Sons Co coml
3
:
*3y«
44% *
19%
50
.$3
ill% May 16
x24% Mar 30
.43%
■
21
6y4
3%
19%
9%
9%
44%
21
6%
3%
3%
20
••44%
44%
«„1
Lehigh Valley Coal com_t—i
12
.47% Jan
rJ450
Lehigh Valley RR-...
12
.8% Jan
15
10
-
$ Tire
(James)
3.85%
3%
19%
*9%
x6%
*19%
6%
6%
3Vs
19%
Lehigh Coal & Navigation Co
Lehigh
Portland
Cement
Jan"• 8
24% Jan
13
Lees
May 24
3".
,
15
8 Vs
.
26% July
'6
Rubber
6%
3%
19%
N,o par
Lane
-43
4
6%
par
foo
(The)-—
Lane-Wells. Co
Dec
•
Light Co__
4
pfd—.75 -Pesos Mex
Co
46
May 18
■26% Jan ;19
90
10
Gas
Consolid 6%
Lambert.
*
21%
■'
Laclede
May 17
6
Jan.21
22% May 6
11% Jan 26
4
9% Jun
May
7
.
1(J
17% Jan
■
53% May
29% May
5
3 % Jun
'
£
Lily Tulip Cup Corp—
J_No par
Lima-Hamilton
Corp '
L—
5
Link Belt Co
l———iNo par
1
176
**
176% ,176%
33 Va
33%
*32.%
7
x6%
7
80
e
:
33
6%
6%
7
;
>
"
"
54%
53
53%
20
54%
19
19 Va
52%
52%
!,19%
6%
'
*33%
80
35%
,300
7,600
7
52%
53 »A
1,000
19%
53:
53
,
176
7%
7
19%
;■
*174ya
4,300
80
i76y2
35 %
♦33
33%
.
79%
80
19'/a
8,400
1,300
•
,19.
.»
Dtfc.
68% Dec
13%
85
Jan
14 %
Dtc
57%
Jun
20% May
Jun
£
Feb
78
x60
X18
Ntiv
(30% July
18
Feb
.21%
138
Not
158
23
NOV;
25
Nov
;23% Jan
37
De?c
50
May
,31% May 31
7
Feb.
20
.91
Dec
; 17
Nov
23
15% Jun
Sep
j
Jun
153
35% May
7
27
22% Apr
5
,18% May 13
67% Jan 21
Jun
•
9
Jan
.
;
14 Vs Jan
a
68%
14
16% Feb
'f
May
Jan
517
14
65% Jun
Jun
24%
I
Jun
13%
v
23 :
Jun -14
l9% Jan
Jan
20
158
Liquid Carbonic Corp com^No par
3%%
Star
Corp_£—No
Cement
.*64
,65%-
16%
67
-
xl7
17%
197/s
13%
.♦84
•
*i3ya
*63'A'
67
17%:
17%
17%
4
14
1O0
67
>
17%
8,500
16%
17
9,700
'
-16%
16%
Vl6%
16%
.
61
*
17
16%
16%
16%
5
Louisville
Lousville
Gas & Elec Co (Ky)
.41% Jan
/Jan
24
Loweristein
14
24
95
Jan
14
98% May
4
4%%
Jun
13
21% Mar 30
Lukens
(M)
pfd
A_!
1
;
10
61
,16%
i6ya
,16%
10%
16
16
1,200
21%
21%
•21%
21%
21%
21%
21%
21%
21%
3,500
157%
157%
♦26%
27'A
157
156
156"
27 y8
21 Va
32%
61%
33
',,27%
323/4.
20%'
*21%
••97%
*96
15
15%
%
15
|
97%
33
7 32'A
33
: 21
22%
:*2i%
*157
158%
30
,
*26%
21V*
800
32 y8
22
?96
97%
*15%
15%
32%
21%
21
27
A
32%
2,600
21%
2,600
"
32%.
.*96
»
157%
*156
.
27%./
',27%
'
100
—
781
£15%
♦155%
50 ;
Co
1,400
61%.
15%
21%
"
& Sons Inc com—1 •
series
Steel
"61
60
16%
'
-Ntf par
Nashville—
&
*60 Va
61
15%
60
par
2
-
65%
•„
17%
"
13%
19%
13%
"
"13%' 13%
'
Lone
15
.20% Jun
98% July
24% Jan
"16%
I
13%
67
17%
.—No par
13%
'*65%
1
,
'
'
13 %
HJ00
preferred
conv
Lockheed Aircraft Corp
Loew's Inc
—/J,
11
Mar
28% May
19%
'
-
Long Bell Lumber ;(Md) A
No par
Lorillard (P): Co common——___10
i
7 % preferred ____L
_l_;—100
:23% May 16'
Jan
Co hew__L__—_L—.No par
Lion Oil
•
,
.
15 Vs
21%
96%
ri5 y8
*05%
15%
96
.
.
.97
*15%
20
-
-900
15%
i
Range (or Previous
)
STOCKS
Year 1948
.
.
Lowest
■
.
$ per
:
share
Lowest
1
Highest
;
$ per share
$ per share
LOW AND HIGH BALK PRICKS
NEW YORK STOCK
Range Since Jan.1
Highest
.
Monday
Saturday
June II
EXCHANGE
.
Par
$ per share
June 13
June 14
7'
Friday
Sales for
June 17
the Week
Thursday
June 16
June 15.
•,
\
$ per share
9 per share
9 per share
: Wednesday
Tuesday
—
r
ft per share
9 per share
|
Shares
# per share
M
X35%
Dec
40
Oct
142
Feb
% Jun
6
30
9
Jan
129
*
31% Apr
.
131
Jan
14% Mar
9
3
36Va Jan
10
M 8s M
MacAndrews
138
13%, Dec
27%
Jun
9% Jun
14
Apr 26
15% Jan 10
30% Mar
39% May
28 V* Jun
13
33% Jan
100% Apr
94%
Dec
103%
Jun
95% Jan
,6
10
Nov
15%
Apr
9% Jun
14
xl6%
9%
24% May
Feb
21
Dec
Dee
490
Feb
525
Apr
6%
Nov
7
15%
11
10%
13%
26
Jan
14%
430
Jun
Dec
7% Jun
Sep
Dec
Jun
Jun
-
Jun
6% Feb
7
13
500
13
Mar 25
6% Feb
;
14
10
17% Jun
preferred
13
100
-
9%
4 V*%
I
Copper
Magna vox
Mahoning Coal
20
Manati
Sugar
8% Jan
12
Mandel
Bros
Mar
9%
7
Manhattan
*6%
15%
5
;
„
9%
29 y8
11%
11'A
6%
Feb
15
;
25 % May
Dec
Feb
6% Jan
May
8
17%
10% Apr
21% Jan
13
8
16% Mar 18
Sep
,22%
Dec
19% Apr
Dec
103%
Jun
95% Jan
5
9%
Nov
22%
Apr
7% Jun
29% May
Maracaibo Oil
10
Marathon
May 14'
17% Jan
29
92%
29
24
20
Jan
7
103% Feb
14
12
14;
Marshall
4%%
Field
&
Martin
(Glenn' L)
12
Dep
19%
Jan
,10% Feb
11
13% Jan
7
Martin-Parry Corp
Feb
69% July
39% Jun
13
57% Jan
7
Masonite
18
Dec
27% May
liy4 Jun
13
19% Jan
7
Master
42
2
,27%
Feb
34% Mar 23
Oct
45
,
Nov
Feb
170
Feb
15
Apr
38
Jun
1
84% Mar
93
Jun
89
Jan
4
94% Mar 22
Feb
93
Jun
89
Jan
11
93% Mar 29
Jan
80
Feb
23
83% May 25
7% Jun
15
9% Jan
7
May 25
35% Jan
11
$3
Mar 31
$6
84
j
77% Aug
8% Dec
33
110
85
.12% May
Dec
Apr
-
Dec
25
Feb
88
Jan
Nov
:42%
110
101%
29'
30
Jan
112
21
8
Jan
42
May 17
112
5
1%
*390
450
*390
7
7
7
6%
*7
*15%
$3.75 preferred
$3.75 cum pfd 1947
$3.40 cum pfd
Maytag
preferred
1st
25
Jan
10
McCall
30% Mar.23
33 % Feb
17
90
97% Mar
McCrory Stores Corp com
3%% conv preferred
4
9
1
3
97
24 %
19% Feb
Jan
19
22% Mar 30
11
$4
preferred
15%
Dec
24%
Jan
x!3
' Jun
16
17% Mar 11
McQuay
Dec
23% May
13
Jun
13
17% Jan
Mead
'
80% Mar
t
31%
Dep
;
20 Va
Dec
11%
Dec
19% May
47
Dec
62 % May
36
Jun
18%
12% Jun
12%
Jun
25
Nov
•
Jun
82
Jan
13
4%%
34
Jan
12
4%
Melville
Shoe
Mengel
Co
20% Jan
Jun
3
14
22% Apr
13% Jan
28
7% Jun
14
49
22
14
15
50% May
17%
95%
Nov
27%
35%
Dec
92
Nov
101%
38 V*
Jun
Nov
106%
7
$3.50
$4
11
20
38 Va Jan
26
102
3
Mar 14
106% Jan
3
110% Feb
8% Jun
14
14% Jan
37% Jun
14
16
May
9% Mar
14
15
July
11
139% Mar
3
8%
South
Steel
1st
Prod
preferred
Minn
May
87
May
66% Jun
Apr
43% Feb
Jun
104
18% July
Mar
Jan
10% JUH
~
10
13
67% Jun
15
16
May
5
94% May 10
77
4
16% Jun
28.
52
7
10
106
,
•
Mar 11
May 12
14% Jan
15
80
Feb
25
19
Mar 31
St
P
&
SS
Minn-Honeywell
3.20%
Minn
$4
20
13
13
13%
13%
8
13
*7%
37
*7%
30
30%
*93
96%
106%
106
18%
18 V*
30%
*30%
101 y4
101 y4
*106%
106%
8%
9%
*106%
106%
9%
-
38
38
14%
14%
14%
14%
18%
18%
18%
18 %
100
130
♦129
—No par
11%
7%
7%
com
3
pfd series A
100
Mfg common—No par
preferred
-No par
&
—
Minneapolis-Moline Co common
$5.50 1st preferred
$1.50 2nd conv preferred
46%
66
104
'
'
%•
104
tr
10%
11
10%
10%
68%
68%
67%
67%
*16%
17
16%
17
1
■»
600
;
30
8,800
360
19%
19%
1,900
*30
31%
j.
120
16,400
14%
14%
*18'/2
129
19'A
1,000
140
130
129
11%
11'/a
11%
2,300
7%
7%
7%
7%
1,500
47%
47%
47%
48
93
92
92
92
92
67
66%
100
96%
106%
14%
47%
25
29%
*93
C7%
67%
68
♦104^
104%
no4
,104%
10% »ni
1,500
110
'.i
t
11
'*10%
67%
63%
-68
*16%
17%
10%
.
;
68
1,300
f
30
1
104%'
11
•
,
J
'4,200
330
I
I
500
j]
-
-
68%
17%.
y
r
—
67%
*16%
"
1,300
8
13%
*106%
19%
1P%
47 Va
100
13%
*7%
60
14%
14%
*91
*104
•
9,300
7%
104%
.
90
39%
7%
.
2,300
i.
£■;
2,100
7%
39
39%
11
*104
21%
39
3,300
11%
47%
7%
9%
11%
93
*21 %
*36
;
j
*9
11
66'A t! 66M*
•;
300
9
*120
*91%
93
66%
900
106%
128%
46%
46%
*91%
13%
101
128%
7%
900
107%
129
7.%
13%
1,300
13%
*100%
11
11%
No par
■
19%
*107
129
,
32
39%
18%
1
y
19%
*13
9
39 V*
37%
14%
38%
93%
*91
106%
9%
18%
37%
'
400
101%
dOl'A
107%
8%
5
Marie
Regul
107 %
19%
*30
31%
101%
96%
106
19%
18%
*30 Va
10
30%
*93
106
8
30
96%
106%
*100%
£
7%
7%
37
30%
new—!
21%
21%
8%
100%
9
13%
13%
37
*30 Va
conv
Min
18'A
93%
Inc—No par
com
Minneap & St Louis Ry
Jan
19%
*91
100
5
Petroleum
Utilities
12
56%
Midland
25
78
page
Middle
19%
3,000
*19%
100%
series--
12
98
For footnotes see
Mid-Continent
14% May 31
4
No par
'
106%
31%
30%
29%
*93
31%
xl3
pfd_100
Copper
23
May
7%
95%
1,100
31%
31%
21%
21%
21%
12%
30
49%
72
7%
106
28%
49%
30
12%
95%
28%
50
*71
13
29%
2,000
30%
28'A
30%
*28%
13
106
31%
31
*49%
31
7%
7%
110
72
*34%
7%
1,200
*70%
7%
-
31%
94%
*28%
37%,
•
|
»
31%
94%
31
36
7%
i;
?27%
.
31%
5
12% Jan
Nov
"1
preferred
21%
7%
•
700
72
39
_50c
3.90%
15
Nov
10% Mar
7
4.35%
Miami
21%
200
21%
70 y2
7%
No par
new
Scott
&
31
1,200
111%
*28%
*
72
*28%
5v
Co_f.
Edison
*70%
21
13%
*37 y4
3%
Inc
23
42%
105 V*
8
Machine
Metropolitan
21%
72
29%
*110%
i;
20
7%
30
13 Va
1
No par
preferred.„_No par
2nd
Merritt-Chapman
Mesta
28%
.82
94%
13%
*13
IVa
30
31
20
20
13%
*80%
7%
30 Va
31
93%
*91
13%
♦70%
preferred
conv
13 Va
13'A
82
|
120
*91 %
50
31%"
20
13%
28
*49%
92%
21%
30
28
28
13%
50
Transp Co
com
29%
29%
i.
2,700
*91
111%
94'A
|
2,100
40
92%
*20%
30%
{
50
*110'%
21
*91%
35
;
176
40
92%
7%
111%
21
34%
*173
*91%
*80%
X30'/2
13
1
Co
19%
{■'
92%
*30
95
13%
100
preferred..
Inc
20%
—10
common
Feb
87
tl
24
Min
*110%
,
93%
*91
93%
S;
400
*91
7%
31'A
31
1,200
12
*91%
%
30%
*30
21
*92%
95
20
No par
Corp
7% Jun
54% Mar
Oct
47% Jan
6
14
128 V* Jun
Jun
Nov
98%
23Va Jan
Jun' 10
97% Jan
Dec
140
& Co
6
18 Va Jun
Dec
Merck
96% Jun
19% May
69% May
Feb
2
111%
21
20%
♦91
1
series)_■
(2nd series)
1st
&
*110%
111%
7%
7%
30%
40%
40
,82
'*80%
81
7%
*30
3iy2
31
1
18
(1st
Stores
Merch
20%
5
_i.—
Co
Mfg
(The)
conv
Mercantile
107% Jun
14 V* Jun
128
31% Jun
5 %
3
32
104% May
Feb
13
Jarf
8
pfd
2nd pfd
105% May 25
18% Jun 14
Jun
44%
Feb
Apr 28
90
Jun
.Jan
May 19
8% Jan 20
7% Mar 21
27
85%
Norris
70 Va May 25
13
Co__
Corp common—...
28% Jun
146% May
Jan
8%
96%
15
*110%
No par
McLellan-Stores
15
CLOSED
81
7%
30%
32
Feb
92% May
"
82
7%
*30
31%
Jan
176
*173
40 Va
*91
33»A
McKesson & Robbins Inc coml
Jun
92%
32%
34% Mar 10
18%
92%
*911
50'A
4
36
35%
35%
176
92%
*91%
92
*81
STOCK
EXCHANGE
1,500
*11%
34%
: :
11%
11%
*173
S
.•
20
40%
40%
11%
92
49%
30 V* Jan
130
2,500
40%
11%
40%
91%
29%
Mines_I
Porcupine
16%
20%
100
*11%
xll%
11%
9?
*27'A
35% May
98% Jun
Dec
McGraw-Hill
2,000
4,900
11%
*91%
50 Va
McGraw Electric Co
800
.
8%
7%
8%
41
91%
par
20%
*98%
11%
■
28 V*
Mclntyre
21
100
'
29%
55% May 14
*16%
16%
20%
20%
*98
39%
50
3
*16%
41
35
28'A
24
7 Va
39%
••
29%
Feb
17%
IVa
7%
*11%
176
39
Publishing——No par
14
24
41% Jan
Apr
34%
*173
39%
*92%
29% Jun
34
35'A
176
39
—100
I
1
Jan
36% Mar 30
34%
*173
No par
;
i
8
*7%
*17%
7%
8%
IV2
ll'A
No par,
4,800
"
'
8%
17%
8
100
*98
40%
'series—No
S
7%
20%
20%
"
11%
11V*
31
May
•52% May
87
'
11
40
11%
36% May
Jun
Dec
29%
l
ll'A
40
11'A
19% Mar 22
Jan
*16%
7%
8%
10%
_j—
Corp
iVa
500
16%
x7%
98%
16'/2
39%
preference-r—No par
cum
20%
98 Va
7%
1
—No par
common—il j— No par
Co
19%
99
100
16%
17%
8»/a
18
;
7%
*7
7%
16%
f.15%
10
1,100
<
7%
7%
1,600
430
6,800
*
Corp_^_No par
100
common———5
—No par
1
Dept Stores
16%
20
x99
Chemical
preferred
May
!
16%
16%
19%
2,300
8
16%
*16%
7%
1
Co^
Jan
41%
23% Mar
41;
'
Jan
43%
173% Mar 14
7%
9%
11%
8
7
7
7%
7%
.,
'8
67/8
*15%
„
'
450
6%
17%
—No par
No par
1
i
Electric
Mathieson
Jan
47%
176
:35% Ma'r
Corp
7%
17%
7%
——100
1—1
Co—1
Apr
11%
7%
17%
iooy2
11%
'
com—No par
Co
preferred
47%
xl65
7%
17%
1
—6.25
Marine Mldlarid Corp—
5
Market St Ry 6%
prior pfd
100
Exploration--
Corp
2,500
,9%
11'A
'
5%
18% Mar
7,000
28%
*99
91/4
',11%
*
8
*390
6%
15%
11%
7%
7%
7%
*7
15%
15%
' 8%
*
450
6%
6%
9%
100%
9%
9%
20
1
28 %
10
29%
*99
100 %
*99
32%
186
*133
200
10%
*31%
32%
136
8%
28%
9%
>380
7%
*7
;—.—L—No par
9%
*9%
9%
*9%
*31V*
*133
28'A
9%
'7%
430
430
1
Co_^
Shirt
1
9%
9 V*
-
7%
135%
28%
11'A
11%
7%
134
101%
*99
9%
11%
i—50
RR Co_
28 %
101 Va
*99
t
10
—1
(The)
Co
9%
32%
*31V*
32%
136
9% :
9%
28%
Magma
*9%
9%
*31%
*132
28'A
Madison
3
32%
136
(R H) Co Inc ;com——No par
pfd series A
100
Square Garden
No par
Macy
9%
9%
1
*31%
♦132
-5
12
18
9%
5
10
com—
Inc—*—.—a
7% Jan
24
15% Jun
Jan
.
Forbes
&
Trucks
10
Jan
19% Jan
6
6
6%
Mack
22
Jan
20
1
6
Co™'
Wood Working
*16%.
68%.
,11%
;
L
.
THE
(2656)
24
COMMERCIAL
NEW
NEW YORK
Range Since Jan. 1
Year 1848
Hlgkeet
Lawcat
Highest
I per share
YORK
f per
f per share
$ per share
Feb
73%
Feb
4
13%
Par
Mission
6
9% May
5
Corp
Mission Development Co
3% Jun
13
6
7
Mo-Kan-Texas
44
Jan
25
Jun
Jun
9
Jun
13
22%
Dec
29% July
21% Jan
4
45 V*
Nov
105% Mar
9%
4
14
10%
16
111 % Jan
Jan
4
47% Jun
13
Oct
Dec
65
47% Mar
10
May
13% Apr
RR
preferred
< per share
f per share
t per
3%
3%
3%
2%
3%
15%
17%
15%
16%
17
17%
20
25
26
25
25
25
25
1.25
9
9
9
9%
9V4
No par
22
*22
23
22%
22%
Co
*22
22
47%
48%
102Ve
102 >/»
*1G3%
com
Utilities
Co
11V4
10%
10%
No par
47%
48%
48'/a
48%
5
10%
11
No par
20%
20%
15
15
16%
17%
16
16 V.
Jan
19% May 12
Dec
14
20%
Jan
29% May
19
Dec
23
May
15%
Dec
24
Jun
11% Jun
1
17% Jan
8
Mueller
Co
1
xl2%
12%
x9% Jun
13
14% Jan
7
Mullins Mfg Corp
1
x9%
9%
Jan
7
9
13%
NOV
16%
Oct
10
Dec
14%
15% Jun
14
25% Jan
7
19% Mar 30
Oct
Inc
3
Motor Products Corp
Motor Wheel Corp
Brass
9
12%
Sep
17
Jan
10
34
Dec
43
Jun
30% Mar 22
36
May 24
50
Dec
55%
Jan
47"
Jun
2
51
Jan
8
Myers (P E)
14% Mar
21%
Jun
10Va Jun
14
15% Jan
7
Nash-Kelvlnator
17
42% May 27
May 17
112% Mar 17
38% Feb
33%
Feb
45
May
107%
Jan
112
Jun
109
13% Jan
14
Jun
6
17%
16%
26
9Va
900
23
23
23%
GOO
48%
6,600
48 Va
49
48
48%
*101%
103%
105
103%
103%
103
103
j
*10
11
11
10%
10%
9G0
49%
48%
49 Va
48%
4"8%
15,000
3,700
10%
10%
1C%
10%
10%
10%
*20%
21%
20%
20%
20
20
400
15% ' 15%
10%
15%
15%
15%
16
2,100
17 Va
17V2
17%.
17%
1,400
16
15 Va
*17
17 V*
17%
17%
..
16
16
16
*12%
12%
12
12
9%
9%
9%
9%
9%
9%
10%
10 %
*9%
10%
*9%
10%
15>/4
15%
15%
15%
12
12
11%
12
9%
10
10
10 %
1
40%
40%
40%
40%
100
*110%
111%
xlll%
111%
41%
41%
41%
112%
110%
1101/4
41
1,100
1.000
2,400
200
42
42
Va
*-110%
109%
1,200
110
1®
10%
11
10
10%
10 Va
10%
50
34
34
33%
33%
33%
33%
x34
34
*33%
*43
45
*43
46
*43
280
36
No par
& Bros
100
11
48%
21
9%
500
106
*103%
11
-
15
>
800
*9
9 %
~
No par
Munslngwear Inc
Murphy Co. (G C) common
4%% preferred
Murray Corp of America com
A% preferred
11
9% May 31
10%
*20
share
*25
26
'
Co
&
17%
*25
102
102
*103%
106
xl0%
27
6
101%
*103 V4
21%
16% Jun
47 Ve
47%
47%
101%
106
5
(John)
17%
*9
5
Motorola
5,600
25,600
3%
Morrell
6
3%
3%
Dec
7
3,100
31/2
3%
Montgomery Ward & Co
Moore-McCormack
Lines
20
3,300
7%
8%
Jan
Jan
39%
7%
7%
Nov
23
39%
8
10
20% Jan
S per
40
7%
11%
6
share
39%
38%
7%
91/4
Shares
I per
39%
7%
100
for
the Week
share
38%
7%
A
Sales
39%
S per
share
Friday
June 17
June 16
June 15
40%
20
Jun
Thursday
Wednesday
7%
33.25 conv pfd series A
No par
$1 conv pfd series B„^___No par
Montana-Dakota
PRICES
BALE
39%
Mills
Chemical
HIGH
Tuesday
June 14
No par
com
series
Carpet
Monsanto
13
12% May 16
59% Mar 29
3
10% Jan
17% May
June 13
,5
Hosiery Co Inc
Monarch Machine Tool
111% Mar 29
103% Jun
Apr
Monday
10
Mojud
24% May 16
55% Mar 30
45% Jan
May
112%
8
101% Jun
61% May
122
1%
Mohawk
20
35
6
15%
Jan
11% Jan
Dec
99% Dec
Jan
25% Mar 30
14
15% Jun
July
34
-
Saturday
share
54% Jan
13
Monday, June 20, 1949
RECORD
June 11
14
Feb
-9
CHRONICLE
LOW AND
STOCK
38% Jun
Jun
9% July
Feb
x33%
STOCK
EXCHANGE
7% Jun
42%
FINANCIAL
STOCKS
Bu<c fer Pniku
Laweat
&
45
*43
46%
•43
46%
10%
10%
10%
10%
3,500
400
N
Corp
§
Feb
32%
Sep
22
Jun
13
28
18
Dec
29
Jan
17% Jun
14
Sep
10% May
13% July
Jan
3
National Airlines
9Ve Jun
13
23% Apr 11
9% Apr
4
11% Jan
7
17% Mar
10% Jun
13
13% Apr
National Aviation
Corp
45
28
Jun
14
37
Jan
25
National
Battery
Co
30% Jan
3
35
May 18
National
Biscuit
170 V. Mar 15
179
4 Va
8%
8%
29
Feb
Nov
Mar
26%
5
July
Feb
82%
Oct
102%
Oct
175%
Jun
5%
Nov
32%
Dec
30 Va Jun
6
8
Feb
5% Jun
Dec
13% Jan
5
9 Ve Jun
9% May
24% Mar
S2
14%
21
Jun
National
National
17% Nov
10
13% Feb
14
17% Jun
13
12%
Dec
14%
Dec
7% Jun
13
Sep
20% Jun
xll% Jun
14
16% Jan
Oct
96% May
29%
Jan
' 98
Jun
162
Oct
177
Jun
ISO
Nov
86% May 13
25% Apr 14
147%
Apr
7% Feb
15%
Feb
14
A
Dec
*
1
20
13
15
28
15% Feb
11
Jan
x80% Jun
15
21% Jan
9% Jun
4
9
12%
Nov
Feb
87
Feb
T
.
3
12% Jun
10
Jan
104
85
xl01%Jan
12
May
29
Mar 28
93% Jan
3
98% Jan
Highest
I per share
-t per share
Nov
Aug
64
July
26% May
Feb
Nov
90%
Jun
share
8% Jan
94
42
3
Mar 21
"
10 Ve
Jun
14
59 Va Jan
13% Jan
65
Apr 30
14
35
24% Jun
14
33% Jan
16% July
Feb
Feb
92
July
July
23% Apr
144
20
9% Jun
56
Mar
225
Feb
10
250
5% Jun
13
21
Jun
14
86
Nov
96
91% Jan
4
25
14%
Feb
19%
Oct
15% Feb
•1
Jan
88
Jun
86
20
Dec
25% Jun
33% Jan
17% July
Jan
21% Jun
6
49% Jun
15
26
Jun
Jan
York
$5
19% Apr
7
Mar
15% Jan
7
3
14
28
Jan
$3.75
Noma
3
19% Apr
11% Jan
85
Electric
North
American
North
7
American
Northern
36% Mar 17
Northern
Northern
Pacific
8% Feb 28
3%
107% Feb
17% Mar
Dec
7
-
Jun
13% Jun
32
7% May
10% Mar
Apr 29
Jun
15
6
11 Va Mar
Feb
$3.60
$4.80
7
19
2
15
2
Feb
Jan
*101%
26%
26%
10
93/4
93/4
10 Ve
.110 Va
4.6%
11
•
*98
1 Nor walk
Monday
$ per share
&
*
200
6,000
I 23
'
V
<
15%
6,100
120
1,500
j
93/4
1,100
10%«--
10%
;
1
400
93/4
93/4
900
13%
*13
400
103
*101%
103
200
80%
93/4
10
4,300
75
*26% "26%"",
13
*101%
99.
29
30
30
30
1,100
98
30
*98
.
10
13
v
103
*29
Tuesday
98%
98
98
90
f per share
9
t per share
9
8%
97%
43%
43%
8%
8%
8%
971%
*961/2
the Week
t per share
8%
97%
*42%
43%
.
5,900
50
"
9%
10
24%
43
44
43'%
43%
10
9%
69%
*68
„
42%
,42
10
101%
10'%
10 Ve
68
68
23%
25%
25
25%
25%
26
24%
25%
24%
24%
25 '
251/4
'
v
"
30
26%-
2,900
25'A
*25%
.
2,000
2,600
69%'
*68
25%
; •
10%
10
69%
*68
69%
*671/4 -
Shares
•
8%
*96V2
9
97%
1,200
"
25
25
;.
9%
.
..
No par
No par
*24%
Ohio Edison Co common
4.40%
preferred
11%
22%
22
22%
23
23'%
*22%
25%
*221/8
59
*53
59
*53
*230
245
230
5%
21%
»
5%
59
4,406
300
11%"
1,600
700
25%
*53
59
*53
58
*210
245
*210
/ 245
;
230
5%
21
21%
21%
22%
93%
93
931/4
16
16
16
*15%
88
*86
88
*86
88
17
17
,
87
17 '
;v
7
17%
7
22%
7%
*21%
50%
49%
26%
26
~10
26
17%
8 3/e
-
*80 Ve
18%
17%
130
16
500
7
26
8 Ve
60 Va
80Va' '■
31%
313/4
31%
11%
12%
12
313/4
32
CLOSED
11%
12%
•
100
50%
4,800
26 Va %
19,000
"
8 %'
8%
8%
8%
8 Va
8%
*783/4
8%
500
17%
17%
"
5,100
23
*25%
17 3A
17%
700
6%
6%
50%
26
,
•18%
*21%
50%
50%
120
88
22
6%
.
CO '■O
*17%
17V4
'
8%
EXCHANGE
'
93
*15%
x22
17 3/4
17.%
18
*92%
16
'
81%
8,900
93
17%
26%:
22%
2,100
22%
93
50%
*25%
5%'
22
22%
493%
'
,
1
*21%
50%
,
7%
7
22 Va
*26
■
.
►
STOCK
10
86
*17
50
'
■
*15%
*21%
■
I
92%
16%
5%
,
22%
5%
5%
5%
5%
93%
7
^
80 Va
*78 :i/4
80%
*783/4
32
32 Ve
32 Va
31%
32
123/4
12%
12%
12%
15,300
123%-
.
80 Va
10
5,500
16,300
■
93/4
10%
93/4
9%
93/4
10
•
;
10
9%
10
9%
,-22,200
'
<
89%
109
lo
'
893/4
88 3/4
109
7%
>
109%
89
7%
7%
7%
14%
13%
14 Va
89
89%
109
109 %
89
89
109%
109 Va
109%
7%
14
14%
14%
32
323/4
7%
14
190
8 Va
7,000
14 V2
.
14%
14%
3,9G0
*32%
'
-
x33
-
No par
220
1093/4
7%
7%
73/4
89%-
*883/4
"109
'
'■
50
33
121%
16%
1
Co
11%
87
i_60
Rubber
11%
245
23,600
58%'.
118
*115
■
11%
16
2$
Pharmacal
10
9%
*58
58ya
117%
11%
*92%
par
Nc par
Nc par
Norwich
"
58%
117»/2
120
11%
-21%
100
12% Apr 23
10 y«
10
10
58%
561%
*117
-
28
Inc common
9%
57%
119
'
•<
12
-
5%
4
„
*115%
*53
28
Co
9%
56%
■'
117%
*230
£.60
Ry
9%
57.%
22
lo
Gas
9%
56%.
11%
Co
for
Sales
June 17
$ per share
I per share
*96%
9
97%
97%
June 16
June 15
-
Friday
Thursday
*
Wednesday
June 14
*96%
No par
Telegraph
Tire
*101%
99
,117%
preferred
Northwestern
103/a
%
20%
15%
81
26%
*10%
103
99
-•June 13
1
Ry
Northwest Airlines
4
4% Jan
.
29
100
preferred
36
9%
-
*22
16
*80%
1,900
%
•
74%
80 VA
153/4
80 Ve
10
26%
1,100
15%
20%
l
80
6
;
i7e
■
-
<
23 :
.*22
16
9%
<
75
26%
x80Va
29
100
com
preferred
109% Mar 22
14
74 Va
Xl5%
99
Northern States Pwr Co cMlnn >—
Common
No
4
10% Jan
1% May 21
14% Jun
7
10% May 13
90
74%
■■■
140
"
Aviation
Natural
17% Jan
84
Va
:
147%
5%
15
203/4
16%
30
No par
Co
Central
13
Mar
Va
23
*146%
.
6,400
176
:
*203/„
81
x29
No pax
preferred
14
27% May
♦0% Apr
93/4
6
%
*22
:
6,500
15%
*15 Ve
20%
74
120
29%
t
*175%
147%
.
91%
29
175
*5%
12%
*90
f
X3/8
15%
26
•
2,900
29%
14(» %
,
:
7%
7%
1,800
;i2%
v
*20%
•
81
16%
82
9%
1
common
Corp
Jan
Jan
22
26%
1C0
11% Jun
Nov
22
15%
1
Industries
31
Jun
6
14,600
7%
175
15
17%
91%
29 %
147%
17%
7,000
LOW AND HIGH SALE PB1CE8
preferred
27%
18
23
26 Ve
Jane 11
preferred
Adjustment
18
Feb
*5%
14%
74
*81
Saturday
Chemical Co
Norfolk & Western
Ry com
28
14
*146%
*
U' '
203/4
73%
1
Nopco
28% Jan 20
14
non-cum
Noblitt-Sparks
10
8% Jun
%
*20
733/4
10
common
36% jun
83%
Al;
-
175
;
6
20%
*22
lo
174%
14
73%
N Y Power & Light 3.90% pfd_100
N Y Shipbldg Corp partic stock
1
N Y State Elec & Gas
Corp— ,
' Mar 24
59% Jan
Dock
Dec
8% Nov
%
100
Central
Feb
Dec
6
14
20%
No par
Brake
16%
109%
1
#
Y & Harlem RR Co..
50
N Y New Haven & Hart RR Cc.100
Preferred 5% series A
100
22
80 Ve Jun
13% May
Oct
146 Va
England Elec System
25%
103%
146%
6
15 Ve
14
N
10
62% Nov
28% Jan
90
147
x6
'
14
36%
Aug
146
1
6%
21
96
Jan
Dec
78
174%
STOCK
N Y Chic & St Louis Co
9
Jan
Feb
Jun
174%
29
103
New
21
21
Dec
93
Mar
90
13%
Jan
174%
28%
28% r
*101%
Apr 23
9% Jan
3
Jan
55
8
174%
4%% preferred
100
Newport News Ship & Dry Dock_l
7
16% May 4
6% Jun 16
23
82% Mar
27%
10
New York
14% Jun
39% July
17%
29
15
/.
12%
123/4
*90
91%
3C%
14%
173/4
,
7 Ve
7%
12%
12%
*90
13
6
255
14% Mar
28%
"
,
13
8
Feb
Aug
10
'
*93/4
14% Jan
59
7%
7%
3,000
30%
30%
17%
13
11
26% May
17%
10
10% Feb
20%
25
7%
8
12%
20
preferred series A
N Y City Omnibus Corp
5
15
10%
21
14
15 :
13
21
Feb
17%
17%
91
com
30%
14%
17%
0
10
Air
2,200
8,900
■
15 %;
30 Ve
30
:
15 % ;
10%
Jan
48
Jun
*15
'17%
30%
30
14%
13
Jan
20% Jun
Jan
30%
10%
81
Jun
9%
10%
140
Jun
5 Va
9 '/a
6%
6%
10%
6
61
5
*89%
No par
13
27
5%
9%
2,400
6%
5
9%
xl 1%
No par
Jun
Mar
•6% Mar
•13% Jan
6 3/8
5 Ve
9 Va
100
117% Jun
49% Jan
200
13
6%
5
*123/4
York
60
4,800
;
31%
9%
*6%
*10%
New
9,100
5
4%
31%
5%
6 Ve
12%
.
12
179%
5
32
9%
90
Jersey Pr & Lt Co 4% pfd_100
Newmont Mining Corp
10
Apr 12
.
5
6
5%
100
Newport Industries
♦1773/4
179
4%
*31%
4%
32 VA
800
100
33%
9 Va
6 Va
10V$
7 Ve
New
72% Jan 27
23% Jun
4%
31%
103/4
32%
33%
179
5
32
17%
.
34% Oct
179
179
4%
No par
New
10
33
30
29
*28
29
•
.
Par
8
25
-48% Jun
89
177%
33%
32%
9 Ve
10%
10%
10%
*27%
31%
14%
'•
EXCHANGE
2
9% Feb
Feb
11% Mar
177%
5Ve
31%
12
common
NEW YOBK
May 17
97% Feb
Nov
121
32%
90
$ per share
SI
Dec
32%
Nelsner Bros Inc common
1
4%% preferred
100
Newberry Co (J J) common.No par
3%% preferred
100
Bange Since Jan. 1
Highest'
20%
12%
32%
1
Natomas Co
Nehl Corp
-
3,900
9%
9 Ve
9%
11 Ve
20
'
'
12.50
National Tea Co
Natl Vulcanized Fibre Co
Lawcat
per
99
Dec
70
■
12% Jan
90% Mar
12%
24
9%
7%
29
STOCKS
1948
ear
88
Jan
ferPrevlena
Lawcat
8
4
9% Jan
May
19
x27% Mar
100
9% Jan
Jan
19% Jan
•
13
19% May 16
86
27% May 5
12% Apr 20
11% Apr
2
13% Mar 30
14% Mar 17
;* 103
Jan 27
$
31% Feb
2
100
May 2
2,500
9%
9%
No par
National Steel Corp
National Sugar Ref Co
National Supply (The) Pa
4%% preferred
7%
*10%
9%
i
No par
National Shares Corp
Jan 10
*7%
*27 Va
5%
Nati Malleable & Steel Cast.No par
Natl Power & Lt ex-dist
No pa*
21 % Feb
25% July
0
National Linen Service Corp
6
91% Jan
7
23% Mar 28
94
0% Nov
9
6% Jan
7%
10%
5
,
No par
19% Jan 21
U Jan
4
22
S0% May
15% May
12% Nov
148% Mar
13
60% Nov
10% Dec
3
19% Jan 21
21
Nov
177% Feb
1,200
7%
■
1
Prod
$4.50 preferred
National Lead Co
7% preferred A
6% preferred B
18%
28
178
17,300
22%
*18J/e
10%
4%
11%
*22
18%
28
31
11 Ve
22%
*18
10%
178
1
Nat Enameling & Stamping
National Gypsum Co com
7
95
Feb 15
33% Jan 21
73% Jun
•
25% Jan
16% Nov
Jun
x% Jun
May
114% Oct
Nov
Jan
4
5% Mar 10
Jan
25
19% Nov
81% Mar
4
135
24% Jun
6% Dec
'
169% Jan
Distillers
9Ve
9%
11% *
11
*22
7 Ve
7Ve
7
•
18%
29
1
Co
Department Stores
National
14% Feb 25
15
85
Container
National
-
CLOSED
Ncpar
Cylinder Gas Co
National Dairy Products
11
23
18%
•32%
EXCHANGE
10
8
Jan
9 Ve
10%
100
Corp
11
317/a May 4
16'A May 16
19% Mar 30
27 Va Feb
Can
7% Mar 11
13
Jun
preferred
National
7%
10%
*22%
18
17%
*28
STOCK
10
common
Register
National City Lines Inc
12
May
22% May
Dec
7%
1
_g
10%
22%
*22
18%
7
4
Co
22
18
1
National Cash
3
-22
1 "
10%
11%
10%
100
Co
National Automotive Fibres Inc
15
Jan
Acme
9?/a Jan
13
14% Aug
\
National
4
Jun
35
13
9%
10% Mar
21
7% Mar 29
4% Jun 13
9% May
Jun.
48
Jan
Nashville Chatt & St Louis
20
33
*32
33
:
32%
40
,..1%
1%
*1%
13/4
•400
11%
11%
*11%
11%
400
3C<%
r
32%
'
_1%
1%
1%
*11%
2X0
11%
11%
1%
*1%
113/e
.
*11%
13/4
12
'.
32%
O
M Vs
Dee
34%
Jun
27% Jan
3
$2% Jan
103
jun
99 % Jan
3
26% Feb
43
Jun
23% May 31
17% Jan
8
16%
22%
92
$%
$8
Apr
18%
Feb
36% July
X109% July
12% Apr
Mar
Dee
Dec
20
100
Jan
27
Jan
23
,
144% Nov
15% Nov
Jan
20
Jun
92
Jun
2
6% Feb
11
14
May 18
104% Mar 25
33% Jan • 7
7
Oliver
Jan
7
8% Jun
3
90% Jan
10
16
jun
19% Jun
13
22% Jan
28
Jun
13
32% Mar 30
148
Jan
15
23
Jan
11% Jun
80
Dee
89
Feb
65
47%
Dec
73% Jan
Jun
49% Jan
1
14
3
158% Jun
7
2
Corp
4%%
8%
4
convertible
Outlet
24
Mlg_
..2.5©
Owens-Illinois
Glass
-19%-
r
Co
28
158
•.
;
J.
18
18
18%
18%
20
.*65
12X0
53%
*.
92
21
21%
21 %
92
92
92
*18'
19
22
-
7 Ve
83
,81%
7%
7%
82
*19
19%
19%
28%
28
28 Ve
158
>156%
82
*81
19%
J
28 Va
>156%
158
7%
20%
28%
158
290
13,600
"
900
*21%
21%
93%
*92
93% '
.110
7'%
7
Ve '
3,200
7
81
*19
28%
*156%
*80%
*19
*11%
11%
*63
66%
53%
70
~*U%
11%
-
*63
66 Va
-
*
.-200
■
53
52
53 %
80
3.800
158
*156%
158
11%
66 %
-
200
28% ♦'
28%
28%
*11%
52 Va
2,200
20
*63
,,
-
82
20%
81
11%
54 %'
18
•
22
65
53%
18
-400
<
7
53%
54%
24%
*92
65
*11%
'68%
29%
100%
24 %
,
101%
24% '■ 24%
'
7%
1!.%;: 11%
;
-
29%
100%
*100%
24%
21%
,*82
•:
*29%
101V4
23%
92
'.7%
; 1
30%
100%
24%
30
17%
20%
100
No par
30%
100%
23%
"
92
0
..100
;
&
17%
Nt par
Co
30%
100%
24%
'
10o
_lo
Otis Elevator common
6% preferred
Outboard Marine
58% Jan
A
Oppenhelm Collins
16% Jan 24
28
preferred
31%
100 7/e
x
•
SO
preferred
(The) common.
..
100%
"-'•*23%
Nc par
common
Corp
79
Jan
pld
convertible
Omnibus
*30
,
100
No par
31% Jan
99
g
_
:
Oklahoma Gas & Elec 4%
Feb
Jan
Co
7
81
154
Oil
19% Mar
Jan
37% Jun
Ohio
10
3,400
P
11%
9%
H%
84%
Feb
Dec
Sep
Feb
15% May
15
May
73
Apr
43% May
j For footnotes
11% Maf 29
14
Jan
7
Pacific
Amer
Fisheries
6
10% Jan
18
Pacific
Coast
60% Jun f 14
Co
71 11 Apr
40 »Jan
4
8
30
Jun-
Jun
16
17
1st
Inc
common
preferred
non-cum
2nd preferred
non-cum
_8
[
10
No par
No par
♦11%
.;
8%
*60
32
12
8%
11%
'
*8V*
12
9
63%
60%
60%
33
32
32
,
12.
v
.
*8%
60%
30%
.12
9
60%
30%
*11%
8%
*58;
30
*11%
12
8%.
60%
30
.
400
12
*8%,
*58
..1
9)1
60%,..1,.
30%
30%
page 28.
c&s
»
\c-ii
t
130
20
220
Volume
169
Number 4813
THE
COMMERCIAL
NEW
Bui* for Previous
Range Since Jan. I
Highest
Lowest
-
8 per Bhare
8 per share
15% Mar
21%
Jun
29% Nov
36%
47% Mar
55% July
44% July
29%
Dec
Jan
8 per share
18
Feb
24
3
54
6
Pacific
14
Jun
89
Feb
7
147
Mar
135
Jan
5
2% Jun
1
Nov
4
8%
62% May
5% May
Dec
Nov
13% Mar.
11% May
21% Jun
46
Feb
66
Oct
92
Oct
100
May
6%
Feb
18%
Dec
28
97
Jan
105
18%
11%
Feb
2
24 %
Nov
6% Mar
9
Feb
50%
6*
No par
8
preferred
27%
x90
100
.
Pacific Tin Consolidated Corp
Pacific Western Oil Corp
1
'
2%
8%
*11%
5
59% Apr
14
97% Mar 12
102 % Jan
27
49% Jan
15% Jun
14
8
15
1% Jun
9
10
Jun
4%
Jan
7
7
24% Feb
21
1
1
19%
1%
Parke Davis 8c Co
Parker Rust Proof
7
Parmelee
14% Jan 18
Jun
1
19 7/a Jan
27
Dec
37
Jan
27% Jan
31
49%
Jun
42% Jan
3
Patino
4
10
"5%
No par
Mines
13
37
103
Feb
120
Apr
104
Mar 28
110
28
Dec
45%
Jan
29
86%
Feb
99
Oct
9%
Nov
20% May
7%
Nov
24%
22
Dec
98%
Oct
9%
Feb
30%
104
17%
Jan
3
1
96% Feb
9
7% May 31
Jan
8% Jan
Jan
21
May
102
3
Mar 11
Jan
5
9% Jun
Jun
14
108
24
12
105% May 16
7
12% Jan
17
Jan
3
26% Jun
6
51% Jan
36% Jun
7
53 Va Jan
Feb
Dec
93
Dec
20 %
Dec
22
Nov
104
Jan
59
July
55
May
*48% Mar 30
104% May
90% Mar 24
99
20% Jan
3
8
Jun
14
103%
Jun
98
Jan
7
111
Jun
105
Apr
8
108% Jan
5
21% Nov
xll% Jun
14
19% Jan
7
45% July
25 V« Jun
13
40% Jan
7
Jan
28
Jan
110% Apr
6
81
Sep
25% Mar
July
81% Jun
1
39%
Dec
37% Jan
4
87
97%
Jun
93% Jan
3
88%
Oct
88
Jan
6
Sep
10% Feb
10
11
Nov
Dec
13%
871/4
Jan
54%
Jan
92% Aug
77% Jun
10
Deo
87% May 11
51% Jun
14% May
9
Feb
Apr
Feb
90
64
Apr
11
Mar 30
34%
Jan
98 %
Apr
103 Va
Jan
110
Jun
10%
80%
26
Dec
Dec
Mar
113
15%
19
93
Jun
13
100% Jan
5
July
Jan
79
3
8c
preferred
159% Mar 15
Jan
Feb
20
Jun
170
Dec
135
Apr
7
Oct
66
96
82% May
26% Oct
29
Jun
3
8% Jan
Jun
14
88
15
71% Jan 27
14% Jun
15
July
137% Jun
1
21% Jan 24
Feb
1
147
Dec
46% July
xl9% Jun
14
29
Apr
9% May
12% July
70% May
8% Feb
24
10 %
Apr 19
36% Feb
11
46
32
145
Jan
26%
33
Jan
29%
Feb
11%
Dec
161
Jun
16% May
14% July
12%
Jan
5"%
Nov
22%
Nov
11% May
35% May
621/4
Mar
3
Jan
50% Apr
39
Apr
*32%
33%
34%
34%
34%
*34 Va
35
♦104%
106%
♦104%
106%
*104%
106%
♦104%
106%
*104%
107
35%
*34%
35%
*34%
35%
*34%
*34%
36
Milk
24
4
Co common
513/8
953/4
953/4,
22%
23
22%
23%
23%
Electric
No par
100
101%
101%
7%
*6%
7%
*6 %
7%
9%
9%
9%
9%
9%
9%
9%
22%
22%
22%
104%
*102%
104V2
*102%
10%
10%
*10
9%
85
Jan
14
38
Jan
3
43% May 18
3
23% Apr
13
28 3/8 Feb
21
Feb
243/4
26%
43Va
43
44
45%
44%
45%
45
45 Va
4,700
37%
363/4
37%
37%
39%
38%
39 Va
38 %
39%
11,600
51%
51
51%
51
51%
51%
51%
51%
*953/4
.
96
96
96
*96
513/4
96%
22%
23 %
22 Va
22%
22
223/s
,21%
233/4
23%
23%
23 Ya
23 %
•112
1123/8
112
112%
112%
1013/4
101%
101 Va
101%
101V4
*1073/4
108%
*107%
108 Va
108 Va
108 %
108 %
1
Xll%
12%
11%
113/4
3
25'/a
26
25 V8
25% "
100
♦81%
83
*81%
..
r
39 Va
38%
98
100
91%
par
♦lo3/.
*873/4
89%
par
513/4
533/8
*8%
*96
113/4
100
9%
91%
*81%
39%
,
83
39%
25
Dec
30% May
25% Jun
13
32%
Nov
53
Jan
30 Va Feb
25
37
*25%
Feb
42
May
24% Jun
14
32% Apr
Apr 30
4
June 13
8 per share
Tuesday
Jan
6
July
25% Jun
17
25% May
155/a Jun
15
20 Va Jan
9% Jun
13
14% Jan
74% Jan 22
108% May 23
29% May 9
93
*91
93
6,600
100
*91
93
11
*10%
11:
89%
*873/4
89%
»87Y4
89%
1
53 Va
52%
53%
52%
53 Va
11,000
9%
*8 Va
93/4
*8%
93/4
r
11
Thursday
June 15
>
'
11
20
1,300
—
26%
26%
103
103 %
*101%
103
*102
♦100%
110
*100%
110
*100%
110
com—No par
11%
t per share
103%
♦78
26%
11%
*11
11%
81
*78
*26%
81
II
v
*26%
27
103
*100%
galea far
the Week
8 per share
27
Shares
26%
600
26%
103
*103
104%
110
♦100 %
110 '
11 %
*10%
11%
*10%
*79
81
*79
79
79
1
24%
25%
24%
25%
25
25%
25%
25%
25%
11%
*10%
11%
*11
11%
11
11
11
11
*138
145
*138
145
•158%
163
*158%
160
*139
145
*139
145
*138
145
♦158%
lo
163
*158%
163
*158%
163
28%
29%
28%
29 Va
70
63%
62
16
*14
♦134
140
*134
28%
140
19%
5
I
xlO
.
29 Va
6%
7
7
8%
8%
8%
7%
6%
8%
160
8%
*150
29%
5,100
7
2,000
8%
2,900
u
68
66
66%
66 Vs
66 %
62
61%
62%
*61%
62%
*61%
62%
16
14%
15'/a
*15
16
*15
16
*132
140
♦130
140
*132
160
140
l
STOCK
19%
19%
19%
*19%
19%
*9 Yd
10%
*97/a
10%
*97/a
10%
200
363/4
37%
37%
38%
38 3/s
38'%
383/a
4,200
32%
33
34
34
34%
34%
33
93/s
13 Va
9 Va
38%
*34
1,900
35
800
9%
9%
9%
9%
13 Vs
13'/a
13 Va
13 Va
4V8
4%
43/4
47/a
43/4
47/a
21Vs
21%
21%
21%
*21 %
*21%
22
300
61%
61%
61%
613/4
61 %
62%
61 Va
62
6,400
14%
147/B
15
15%
15 Va
15 Va
15
15
2,800
*88%
89%
8%
*9%
97/a
1,400
.
13
47/s
215/8
21 Ya
CLOSED
61 %
62
143/4
15
83%
88%
No par
80
200
19%
37%
4%
5
340
66 %
10
10
EXCHANGE
No par
66
156
19%
Xl9%
10
9
*151
*151
66
20%
13
i\i
10
com
29%.
160
33
preferred series A—50
Inc
29%
10
2,600
400
*150
367/a
No par
Co
29%
81
"
5
class B
400
25%
11
70
Electric Power
80
11%
1
.
♦14
13 Va
•
13
/'
22
43/4
13 Va
6,200
47/s
6,600
88%
88
88
40%
40%
40
40
393/4
40
40
40 Va
*87%
*393/4
213/8
21%
21 Vs
21%
21%
21%
21%
213/4
21%
com—No par
25%
2SVs
25 Vs
26 %
26
263/a
25%
26 Va
253/4
26
No par
31%
31 Ys
31 Vs
31%
313/4
32
31%
31%
31 Va
31%
9,600
No par
24 V8
25Ya
24%
25%
25%
257/a
25%
253/4
25 Va
25%
15,100
107%
107 %
♦107%
Colorado
20
No par
com
preference
Friday
June 17
June 16
I per share
No par
100
*62
5%
10
98
26
100
(The)
6,800
39%
98
25
160
Inc
6,000
.
*
83
39%
98
Wednesday
S per share
*150
$1.40 dlv
j.
397/8
*97
June 14
$ per share
100
Pure Oil
83
140
ill'/a
25%
*8%
6%
Pullman
25 Va
51%
9%
8%
of
ll3/a
*
98
11
52
7%
Co
300
109
108 Va
LOW AND HIGH •ALE PRICES
common
Pub Serv El 8c Gas
160
101 %
*
26
112%
*l01Va
*873/4
89%
6%
Public Service
*112%
*
llYa
25%
*81%
83
39%
11%
;
170
6,800
1,200
23 Va
*91
11%
*3%
11%
26
520
96%
22
,*97
98
91%
513/s
11%
25%
393/8
11
.
i-
83
91%
*873/4
Monday
June 11
$4.75 cum preferred
*
*96
112%
•100%
1123/8
Saturday
Procter 8c Gamble
90% Mar 17
900
9,200
24
1013/4
STOCK
Industries
10%
24
67/a
Publicker
500
23%
104
10%
23%
5
Pressed Steel Car Co Inc cqm
2
*22%
*102%
22%
8%
conr
1
22 3/4
6%
4%%
29
1041/2
10%
800
42,300
c
43 %
♦1073/4
38%
22
100
100
22 Va
'
*100
*96
300
101%
100
5
900
*6%
100
100
36
101%
8
18
107
*33
17,300
8%
No par
24
20 V, Jan
33
1113/,
*104%
101
No par
Jan
Jun
108% Sep
*23
convertible preferred—No par
28
Mar 22
22
Feb
No par
common
preferred
preferred
21
66 Va Jan
x25
Co
9%
10
106
'
14
Feb
♦103
36%
Potomac
14% Jun
101%
*22%
22%
104%
23%
Poor & Co
57% Feb 26
24%
22%
♦103
9
423/4
6
71%
Dec
9%
223/4
24
Feb
Jan
*6%
9%
8% Jan
Feb
32%
101
8%
5
12% Mar 30
Mar
20
9
100
Pond Creek Pocahontas
5
81
Jan
*6%
No par
*104%
101
100
33% 3
Plough Ino
Plymouth Oil Co
18
18
28% May
94
Apr
39% July
35
100
preferred
14% Jan
14
300
20
127/a Apr 21
4% Jun 13
87/a Jun
106
14%
106
5%% 1st ser conv prior pfd—100
Pittsburgh 8c West Virginia
100
Pittsburgh Young 8c Ash pfd
100
Pitts ton Co (The)
1
May 18
61% Jun
106
14%
Pittsburgh Plate Glass Co
Pittsburgh Screw 8c Bolt
Pittsburgh Steel Co com
7% preferred class B
5% preferred class A
7
175
106
14%
Pitts Ft Wayne 8c Chic Ry com__loo
7% gtd preferred
100
7
15% Jan
6,900
24
14%
$5
26
14
600
20%
24
7%
14%
Pitts Coke 8c Chem Co
21
13
7%
20 Va
26
20
14%
Plllsbury Mills Ino
$4 preferred
14% Mar 14
6% Jun
*7%
20%
*24
14%
Par
32% Jan 24
105% Apr
4
7% Jun
*7%
26
14Va
EXCHANGE
Jan
7%
20%
♦24
14%
NEW YORK
35 Vs Jan
7%
19%
5,600
14 Va
8 per share
170
7%
19%
26
1,600
46%
4,300
28
Dec
7V4
19%
*24
29%
46 %
18
144 ya Feb
Feb
24
200
17
29 %
108
26
Feb
20%
400
18
Pitts Consolidation Coal Co
15
7%
19%
24
'•
♦16%
"
46
200
6%
*106
Pittsburgh Forglngs Co
70%
CLOSED
45%
!
18 Va
2
Jan
73%
*7%
•
EXCHANGE
45%
■
18
7
Jun
6%
18%
7
July
6%
18 Va
Feb
10
*6%
1,600
18%
Jan
39%
63/4
600
11
18
85
169
63/4
*20%
18%
16% Jan
Dec
6%
11
18%
32
NOV
♦10%
*104%
7
Jan
10%
100
15
142
10%
No par
13
Feb
10%
7
Jun
157
STOCK
10
Co
10% Jun
Apr
140
Corp
24% Jun
155
7%
Coke
Cement
36% July
Jun
6%
17
Pitts C C 8c St Louis RR
11
28%
24%
*6
29%
23%
Dec
30
26
28
*24
6%
*29
Coal
5,200
28%
24%
10%
45%
200
200
1,900
♦6
*16%
16%
17,166
1%
1%
*24
17%
17-
2,600
,
20%
-
:
6
29%
Highest
8 per share
28%
.
40
.
241/2
*29
Phoenix Hosiery
Sep
Jun
12%
138
Feb
Lewest
8 per share
Dec
28%
*19%
*38
1%
*163/4
Range Slnee Jan. 1
Highest
30
28%
STOCKS
Year 1948
I per share
40
1%
17
Baage far Previous
Lowest
19%
*38%
1%
29
preferred
Phila 8c Reading Coal 8c Iron
Philco Corp common
3%% preferred series A
Philip Morris 8c Co Ltd common
4% preferred
3.60% series preferred
Phillips Jones Corp com
No
5% preferred
PhillipsPetroleum
No
11
14
*19%
393/4
1%
453/4
42%
9
28
20 %
39%
1%
28%
4.4%
8
88% Feb
43% Mar 28
100
*19%
40
45%
3.8%
12% May 14
82%
91
19%
29%
$1 conv preference com
91% Mar 30
Jan
19%
20
1%
Phlla
Mar 12
Sep
19%
*37%
Brewing Co
No par
(Chas) 8c Co Inc
1
Phelps-Dodge Corp
25
Philadelphia Co 6% preferred
50
86 preferred
No par
54% Mar 18
Jan
91
103%
19%
*19
Pfizer
May 17
26% May 16
112 % May 10
101% Jun 15
25% Sep
115% Jun
19%
19 Va
19%
pfelffer
24
23% Jun-
24%
19%
9,400
15%
103%
40
1%
57/a
15%
*102%
45%
4%%
21
401/4
5%
;
15%
453/8
Petroleum Corp of America
19
48%
6
200
2,100
99
103%
29 Va
Pet
17
40% Jun
5%
.
51
•
15%
.
♦16%
Pepsi-Cola Co
11
64% July
5%
16
25
Peoria 8c Eastern Ry Co
20 % May
*97%
*102%
*6%
preferred
•:
50%
99
55,800
.,19,300
„
.
*12%■.
1033/4
63/4
Apr
5
11% Jan 19
Dec
5%
153/4
600
31%
*102%
104
*6%
12
Feb
<
'
51
♦97%
120
3,900
3%::3%
8%
8%
13 Va
8%
12%
51
51
5
—
7
44%
5%
3%
8%
190
,
3
-
♦30%
12%
99
15%
27/a
•
Pennsylvania RR
50
Pennsylvania Salt Mfg Co com—lo
3%% conv series A pfd
100
Peoples Drug Stores Inc
5
Peoples Gas Light 8c Coke
100
7
14%
50%
*97%
99%
3%
8%
12
,
2,200
.'144%
3
No par
5%
May 16
Apr
Apr
18%
51
common
Penn Power 8c Light Co
19
Feb
36
19 Va
3%
8%
12
30%
1.000
90%
*143
143%
30%
311/4
33/8
8V4
143%
2%
No par
Penn
May 18
Jan
5%
15%
♦103%
'
3%
12%
*90
Penney (J C) Co
3
17% Jan
13
53/4
15%
104
*30
10%
Penn-Dix'e
Jun
3
10%
Penn Gla^s Sand Corp com—No par
14% Jun
90
2%
,
28%
90
10%
23% May 14
32
28%
90
144
5
28% Jan 21
Apr
28'A
893/4
143%
Enterprises
8c
5
48
28%
27 Va
90
x6
6
Dec
28 %
27%
144
*24
14
35%
50%
Va
7% Jun
Mar
50%
6%
17% Feb
23% Jun
20
50%
24
Jan
111
*50 %
28 Va
Nov
4
503/4
*6V4
15%
16
50%
24
34% May
Jun
4,300
51
273/4
21%
17% Jan
31
6%
Dec
106
30%
28%
Feb
20% July
22% May
31
24%
Deo
Deo
30%
6%
9%
Dec
31
24%
15%
16%
30%
27%
27
16%
500
31
Penick 8c Ford
8
47% May 27
10% Feb
19
2.50
prior
conv
19
No par
Co
Transportation
Peabody Coal Co
30% Apr
Feb
18%
*37%
22
Jan
5%
15%
♦103%
1
7% Jan
8
50%
*97 Va
1
26% Jan
2
51 %
1
2
8
*11%
99 %
Park Utah Consolidated Mines
28
3%
3%
Shares
19
29%
51%
Park A Tilford inc
42% Mar 30
30
the Week
•18%
2%
*971/2
100
When issued
3
1
3%
No par
convertible preferred
Paramount Pictures Inc
3
29%
_100
4%
May 23
2% Feb
preferred
Panhandle Prod 8c Refining
Parafflne Cos Inc com
15
Jun
16
20
104% Jan
American Airways Corp
29 Va May 12
24% Jan
23% Mar
x6
,
8% Apr 16
10
JNopar
Car
galea tmv
8 per share
19
.29%
12%
Motor
8 ver share
*18%
2%
8%
Pan-American Petrol 8c Transp—3
Panhandle East Pipe L com__No par
102% Feb
Jan
89%
144
23/4
Pan
39% Jun
112
23/4
5
Jan
38%
Oct
27 Va
144
3
3
10
6% Jun
109%
28
90 Va
143
16
Jan
Jun
Jun
16% Jun
50%
10% Apr
8
12
May
Jun
50%
Packard
13
May
30 3/4
5
May
10
31 %
10
6
30%
'
30%
4% Jan
5 %Jun
Jan
25
Friday
June 17
June 16
t per share
18%
Pacific Telep 3c Teleg common.. 100
13
4% Jan
18%
43% Jan
14
33%
Pacific Mills
21
Jun
18%
No par
Lighting Corp
Thursday
June 15
share
18%
13
3% May
Dec
Feb
96% Mar 28
Wednesday
June 14
S par
10
13
18% Jun
Bl~
Feb
Mar
23%
34
144
Tuesday
8 per share
3% Jun
19% Jun
34%
Jan
< per share
29% Jun
Jun
26% May
21
Par
33% Feb
104%
Apr
8 per share
Pacific Finance Corp of Calif
Pacific Gas & Electric
Dec
39 %
June 13
25
LOW AND HIGH SALE PRKJM
14
Nov
6%
Monday
June 11
(2657)
RECORD
Saturday
STOCK
6
Jun
27 % Jun
YORK
Apr
89
Dec
CHRONICLE
STOCK
EXCHANGE
3
30% Jan
50
NEW
Highest
130
3%
YORK
FINANCIAL
MOCKS
Year 1948
Lewest
&
__
common
preferred
Purity Bakeries Corp
conv
1
"
«>.
'J
100
107%
107 Va
No par
253/4
26%
14
Quaker State Oil Refining Corp_ia
♦15%
7
Radio Corp of America com—No par
13.50* 1st preferred
No par
26
.
88%
109
26%
26
26
16
15%
15%
♦107
.
150
88
40
2,600
-
21V4
8,400
5,700
109
♦106%
108 Va
600
25%
26
25%
25%
1,000
*153/4
16
*15%
Q
17%
Deo
16
*15%
16
100
R
7%
Feb
15
63%
Feb
66% Jun
14
67/a
Oct
75% May
11% May
x7
Jun
15
89
Nov
98 %
92% Jan
4
25%
Dec
Jun
23% Jun
22%
Feb
X36
July
21% Jun
31
Jan
35
May
26% Jun
17
34% Feb
16%
Feb
27% July
17% Jun
14
23% Jan
36%
Feb
45
Apr
36
Jun
13
43
Jan
4%
31
Feb
39
Jun
31
Jun
3
36
Jan
4%
10
Dec
15% May
10% Jan
3
13% Apr
101
34%
Jun
Jun
Jan
106
Nov
Dec
18
May
9%
Apr
4
96% Jun
17
14
29
19
14
30% Feb
Jan
16
Jan
7
18
11%
105
Jun
14
23% Jan
25
11% Jan
14
13% Feb
18
HO^r May 18
Radio-Keith-Orpheum Corp
l
Ralston Purina Co 3%% pfd
100
Raybestos-Manhattan
No par
Rayonier Inc common
1
$2
preferred
25
Reading Co common
50
Real
Dec
14%
17%
Dec
25% May
81/4
Dec
13 Ye
Dec
66
52
Jan
May
4% Jun
18% Jan
1
6% Jun
14
4
Dec
Aug
15% May
50% Mar 21
8%
78%
Dec
99
Aug
73
10%
Dec
29%
Jan
6%
Feb
2% Dec
11% May
NOV
For footnotes see page
Apr
2
9% Jan
24
54% Feb
3
26
10
17
83% Feb
6% May 31
4% Jun
6
13% May
5% May
5%
8% Apr
8% Jan 27
22
12% Jan
Jun
2% Jan
5% Jan
28.
3
4
Jan
8% Jan
3% Apr
9 Va May
Hosiery Mills
preferred
com
Reed Roller Bit Co
Reeves
Bros
♦95%
*23%
21%
10 Va
67
7%
97
9%
10
66%
67
7%
♦95%
7%
97
Inc
10
10%
10 Va
10%
67%
*67%
10%
68%
10%
67%
68
68 %
600
7%
7%
98
7%
7%
8,500
98
7Va
*95%
96%
96%
*24%
25
24%
24%
400
21%
22
21%
2P/4
2,300
1,000
x7
*95%
25
23%
23%
24%
24%
21%
21%
21%
22
22
26%
26%
♦26 Va
45,800
10
26 %
26%
♦26%
18
18
17%
18
*18%
18%
36
36
*35%
37
*36
38
*36
38
*36
38
30%
*29%
30%
*29%
30%
♦29%
31
10%
*10%
11
11
*10%
11
*109 \'a
110
110
*109%
110
26%
26%
17%
50
*29%
31%
*29%
5
♦10%
11%
10%
100
♦109%
No par
18 Va
18 Va
18
18
11%
12
11%
11%
111
♦109%
111
17%
*10%
*109%
26%
26%
18 %
600
18%
xl8
18
*18
18%
*18
12
*11%
12
♦11%
'
100
18%
12
200
i»*
12
400
1,000
(Robt) 8c Co—
$1.25
div
prior preference
Reliable
Stores Corp
Reliance Mfg Co common
Conv pfd 3%% series
Remington-Rand
common
$4.50 preferred
Reo Motors Inc
convertible
10
No par
5
100
50c
25
—1
Republic Aviation Corp.
Republic Pictures common
$1
50
7%
50c
Silk
1%
Reis
8
1st preferred
non-cum 2nd preferred
non-cum
9%
67
preferred
4%
•19
6%
*50
8%
•72
4%
21
6%
53
8%
76
8%
8%
*4%
*19
6%
*50
3%
*72
8
5
21
6%
53
8%
76
8%
*4%
*19
6%
*50
8 Va
♦72
8%
1
4%
5
4%
4%
4%
_50c
2%
3
2%
2%
*2%
10
7%
7%
7 Va
7 Va
7%
5%
21
6%
53
8%
76
*4%
♦19
6%
*50
8%
*72
5
*4%
21
•193/i
6%
53
8%
76
6%
►50
8%
73
8%
100
5%
21
900
6%
53
7,300 y
100* '
8%
73
8%
8%
8%
8%
5%
5 Va
2%.
5%
5
27/a
23/4
27/a
7%
7%
7%
7%
7%
4,400--
5%
3
4,800
...
...
1,900'""
900
(2653)
STOCK
RECORD
Saturday
Monday
June 11
YORK
NEW
June 13
Prerfou
Range Since Jan. 1.
Year 1948
Lowest
Highest
*
Feb
103
10
Dec
82%
Dec
Nov
Mar
92
5
19% Jun
Feb 25
4% Jun 14
99
Jan
Dec
41%
Jan
347b Jan
• 3
50
Jan
42% Mar
7
89
Oct
94
Jun
85% Jan
3
Dec
102% Jan
4
Reynolds Spring Co
Reynolds (K J) Tob
46% May 27
Dec
103%
Dec
17
5
Jan 12
Jan
49
Jun
2474 Jan
3
Dec
28
Jun
15 % Jun
9 '
21
17%
Feb
12
Feb
18% Feb
3
55% Jan
8
Ruberoid Co (The).—a
Jun
36
41
15
98% May 17
96% Apr 21
17
Mar
54
Dec
8%
Dec
16
27% May
May
18% Jan
72
,Mayl7;
13
Ruppert (Jacob)
12 % Mar 12
3
8% Jan
3
Apr 20
921/8
*
'
4%
43/s
4 3*
19 1/4
4%
19%
4%
35%
35%
35%
35%
36
45
*43
91%
91%
105%
105%
105%
*
.
45
*91
*43
45
'
36
105%
105 V*
45
91 '/a
104%
_
14'% ~'
jaVo
321/4
15%
153/4
15%
15%
16%
Dec
107%
Sep
Jun
113
27
113% Feb
35% May 11
7% Jun 13
48% Jan
3
109% Apr
61% Jun
39%
Feb
8%
Feb
16% July
32%
Feb
48% May
31
Jun
13
87
Jun
13
67
Jan
139% May
58
Jan
101
78
Jun
Jun
■
St
4
Preferred series A 5%
26
Jan
25
19
91
*
Jan
24%
36%
*97'/4
36%
98
97%
IO'/*
10%
10'/4
10%
-
*21%
*21%
22%
*36
361/2
*971/4
97%
200
10%
10%
2,600
*i6y8
16%
900
*43
43'%
700
91%
1,200
97%.
*97'/4
10 »/2
110%
11
.16%
163'a.
*43
.
16'/4
42 3/4
9%
9%
21%
21%
16'/a
161/4
42
41%
41%
9
.
36'/4
97%
41%
16%
y*
23'%
'361/4
9%
16
io
*21%
36
16 V*
42
9%
8'/4
361/4'
*21%
98
4
7%
23%'
7%
36%
10%
Feb
13% May
Feb
91% May
80% Jan
5
Feb
15% Aug
9% Jun
14
12% Jan
7
14>
30% Jan
12
8%
25% Mar
22% Jun
35% May
5
May
55% May 20
6
Jun
17
Apr
,79% Jun
14
Jan
3
14
Jan
20
Jan
5
86
Feb
7
51
May
Nov
95
Jan
87%
Nov
93%
12
Dec
15%
Oct
87
90
12%
Jun
79
Apr
Feb
■
46% Jan
39% Mar
88
13%
87
83
13
Jan
x96 '
91% Mar
8
26% July
13% Jun
14
18% Jan
55
Jan
11
5%
44
Feb
62%
Jun
15%
Feb
20%
Jun
16% Jan
4
19% Mar 18
Seaboard Finance Co
Feb
59% May
36 % Feb
7
47 % May
Seaboard Oil Co of
Mar
8% Oct
5% Jan
27
35%
5
,
8% Apr
t
5
9%
f
39% Jan
Sears
8
Feb
43%
Nov
33% Jun
13
9%
Dec
12% July
9% Jun
14
5%
Dec
8% May
4% Jun
14
6% Jan
7
3
11% Jan
7
Servel Inc common
13
101% Feb
9% Dec
Feb
94
24% Nov
6% Jun
14% Jun
Jan
104
,77
24% Jun
36% Jun
30
Feb
46%
Oct
17%
Feb
27%
Feb
79
9
Mar
28%
10
83
May 18
13
10 !
Mar 11
Jun
Sheaffer
10
6
3
Sheraton
5
Apr
Lowest
Highest
Lowest
NEW YORK
Range Since Jan. 1
Year 1948
3%
34
May
22
Jan
36
Dec
30
44
Dec
Feb
Feb
18
Feb
25% Oct
23
Dec
35% Jun
160
Jun
27% Jan
36% Jan
24
14
Jan
Jun
14
17
21% Jan
Jun
14
25
.19
31% Jan 24
27%
Dec
39 %
Jun
23% Jun
80
Dec
90
Apr
83% May 21
91
Sep
98
July
95 % Jan
3
100% Mar 25
15%
Dec
26
Jun
10% Jun
7
<17% Jan. 8
14%
Feb
23
Jun
96
Nov
i
May
5
5% Mar
14% Jun
V
17% Jan
4% Apr
$ per
34
3
Southern Natural Gas
14
V 14 % Apr
26
26
39 % Jan
10
Feb
18
Jaa
36% Jan
7
29% Jan
5
28% Jan
% Jun
42%
14
32% Jun
13
20%
Feb
30% July
30% July
43%
Feb
62% July
33%
Feb
50% Jun
25% Jun
14
41
58%
Feb
70
July
45% Jun
13
61
65%
Dec
73
Jan
12%
Dec <
20% May
7% Jun
4
Feb
4
Dec
60
3
Aug
24
Dec
29% Jan
24
Feb
7
20%
Feb
30% Jun
22% Jun
13
7%
Dec
14
6% Jun
13
61% Mar
74
.
64
May
23% May
:i5% Feb
104
Nov
Jan
Apr
Dec
29%; Jun
91%
82
27% May
29 % May
21% Jan 10
13
89% May 12
3
3
28 % Apr 18
121% May 11
4
136
43% May
41% May
40
Jun
7
38
36%
.32% Mar
Jan
Jun
15
13
35% Jan
3
94
Jan
6
3
28 % Feb
17
14% Jan
Feb
97
23%
Dec
36 %
May
24% Jan
12%
Feb
16% May
9% Jun
Jun
Dec
18
Jan
9% Jan
Dec
9%
44
10% Jun
X27
88
15
Mario
15% May
39% jun
Nov
11% Mar
20
Jan
15 'A Jan
11% Jan
18% July
16% Mar
29%
.
..
Jan
Jan
11%
6% Nov
'
17 ya
10
21% Jan
13
31
6% Feb
7
Dec
98 % May
90
Jan
8
50% Mar
70% Nov
52% Feb
10
91%
113%
1
9%
Feb
17% Dec
18%
120
Jan
Dec
J»4% Mar '
'
26% Jjxo
43 - July
For footnotes see page
13
7
' Feb
26
Apr
13
119 y« Apr
14
11% Jan
8
15% Apr 29
16% Jun 13
17% Jan
13
19% Jan
7
*'
28.
.
3%%
*85
»97i/4
98
U VV
*10'/a
.
1,300
1,500
200
30
*29
191%
500
231/a
23'%
1,100
86%
86%
971/4
*96%
10% « 103/4
10%
'
.
971/4
;
1,200
191/4
*85
*85
;
1,900
163%
16%-k
17,
41,800
;
963/4
♦96%
99%
;
20
19%
191/4
23% -235/8
.
10%
10%
Shares
23%
22i%
19%
86 '/a
98
Sterchi
& Co Inc
Corp
(J P)
Stewart-Warner
Stokley-Van Camp Inc
5%
Stone
May 11
Chemical
$4.50 series
Gil Co
—No par
1
1
.-No par
Corp common'
1
A preferred—.-No par
-•—
common———No par
pfd^t-L
—-100
Sunray Oil Corp common-—T
1
4%% preferred series A———25
4%%
preferred series B
25
Sunshine
Biscuits;.
.
145/a
"~50
1,400
10%'
981/2
3%
3%
7%
*46
49
55
*53%
543/.
46
11%,
12%
Ill's
x28v4
*39
41
11%
t
J.
28%
•
*39
v,
30%
30%
31
283/4
28%
28%
3?2
A
331%
331/4
343/4
33%
26'/$
27
47
47,
Inc——-,—12.50
5i
A
1/4
,32%
251/a
•
261%
461/a
27
47
461/s
,
'
/
32
26%
60
60
60
10%
10%
10'%
3%
3%
3%
23%
23%
6s/8
14 y8
13%
14
*67
•
17%
85%
23%
57
'
*
36%
61%
20
21
«•
36 y2
•37%
36%
63%
62%
21
20%
21%
98
98
98%
98%
*
*971%
98
10%
98%
25%
9%
;
9%'.
9%
10 y«
163/8
16%
13%
-13
-
37%
*97
-
25%
9%
10
*16%
28
x27
*10 Vs
>'•
38
26
9%
16
12%
13i%
17%
16%
17%
28%
23i%
28%
6%
6%
95
55
Z-9%
161%
9%.
16%
*93
54
117'%
9
7
95
54
117V2
9'%
16%
163/8
98%
25%
-
10'%
37%
*97
98%
6%
55
'
-
'
103/8
38%
2534
9%
26%
93/4
93/4
103%
10%
10%
*16 1/8
16%
16 y8
13%
-14
17%
18
133%
14
17%
17%
28%
,
31
*92 y8
9%
16
9
16
;.' i
17'%
17%
171%
17'
41 y2
41%
41%
41%
t
18
17%
42
41%
,«
200
.
/
!,
;■
.
9%
91/2-
700
6,200
200
5,500
25%
25%
3,900
•
7,900
10%
16%
300
5,200
ft
-
20,100
1.100
31
7
,
i
3,500
95
56
55%
1,300
117%
9%
16
7
*92 Vs
55%
-
173/4
171/4
*30%
>
117%
80
9%
9%
15,100
153/4
2.200
4,200
15%
*
16%
99
-*97..
;
13%
95
9%
%
38%
13%
*117%. 119
16
.
10%
.
*15%
7Va
55 'A
118%
;*10y4
-
10%
31
*92'%
55
55
-117%
100
>
161%
7
95
;
200
7,700
10%
x31
71%
x7
•
i2,700
r
28
37%
„
35,100
:
41
,
'*27%
'
98 3/4
98%
26
x9%
41
y?
*10%
;
273/4
37%
10%
38
12%
-12,100
20%
.12%
41
1,500
15,700
»
981/8
*40
*40
•
20%
*971/2
12%
12%
-
27
10%
;
300
375/«
63 'A
62%
/
70
11,200
563/4
3634
r. -
*26%
41
16%
*93
12%
12%
,
28%
0*1171%. 118
•
*40
41
10%
38%
•
,
12%
28
25 y2
-
j-
.
122
56%
62%
20%
"
/
233/B
Ill
V; 122
-37%
61%
-
85
23%
123%
56 3/4
20%
12
37%
56 VB
10
8,900 ;
^
*107
61!a
*40
98%
*122
1,600
18%
*84 <:
23%
3,100
(
0
104
.
18
111
363/4
30
10 ya
123
57
*103
60%,
40'%
40 Vs
*28
109
120
56%
*28 y8
29
83%
23%
109
V
14
18%
83%
;
13%
120
68'%
104
18'/a
23%
68%.
13%
28%
•
28
r
68%
xl3%
12o
55%
551%
12%
12'%
7.1/4
*109
;20-
-
98%
4,900
Is ;
10,500
1091/2
118 i'a
"300
TVs
*103
83%
;
22%
233%
'
18%
.
4'%
70
.
23 Vt
*671/4
104
22 s, a
1,900
24
36%
-37%
60 »/4
*83
23%
*105
110
122%'""
'
83%
22'%
110
*97%
17%
♦82 y2
.
121
55
18
;
*4
.
1,400
3%
22
71/4
28%
28 y8
*102%
17%
18%
82
22%
27
104
27
130
10'%
*213%
7
13%
13 7 i
't
*102%
27 y8
4,000
63
23%
*
102%,,.,
8,400
48'%
22
;,
68%
■
-
27
27,900
26 3%
,*67
.70
*67
23%
6%
7
68
1
95,200
;
343%
,
10%
3%
4
*3%
:
22
*2134
6634
;•
4
23i%
23
3%
70
*67
7%
1023/4
'
«.
*3%
,
66 3/4
1*
.3%
217a
*21%
21%
*
71
*67
32
>
9,600
26
10%
3%
200
5,300
28 %
.
-
10%
4
*3%
4
71
10%
2,900
30%
48i%
3%
1,000
,,
33'%
61
103/4
.200
.
41
*61
61
200
,
12'%
29%
3U
.
48
*46%
-
28%
,
34%
27%
62
*60
9,400
30%,
28%
31
233/a
3,400
%
54%
29
307/8
283/4
30%
.,
49
.
-
*39'/a
41
29%
iv*,
♦12
28% -29%
*39
41
,
31%
34%
.
35%
73%
*53
.
12'A
*11%
121/4
28%
28%
39%
55
*53s/8
.500
.98%
*.-
*46
•
'
29%
-
7%
••
46
49
55
41,200
14%
14%
-98%
.*3%
,73/8
*46
6%
20
_i„_—„
Class A 4%%
55
35/8
x7%
7%
7%
7%
46%
14%
*971/2
14%
991/4
3%
.
3%
*65%
5
& Webster,.—
Corp
7%
14%
99»/4
14%
991/4
3%
33/4
223/4
common—1
prior preference
Studebaker
Sun
'
-
21%
1 *
5
100
15
Inc—;
Brqs Stores
14%
991/4
14%
100
*33/4
Spring common—1
4% convertible preferred.
50
Starrett Co (The) L S_^—^-No par
Sun
43
86%
*67
CLOSED
Standard Steel
18
14
14
23%
*97%
3%
STOCK
EXCHANGE
©hlq common—10
preferred series A—1
100
Stevens
7.
17
36 % Feb
23%
-
*2%
20'/a
17
191/4
*85
10%
60
$7
18
Jun
9
-171/4
19
86'%
•10%
$6
Sterling Drug Inc common—
3% %
preferred——-—'
Jan
117^
July
.15% May
21 % Jun
the Week
share
221/4
•
com—rNo par
preferred
——No par
Standard G & E Co $4 pref—No par
Run'oeam Corp
i
galea for
I per
f.
305/8
'
99
99.
*17
98
45%
$3.50
15
94
23%
25 y*
Standard Brands Inc
Jun
61
23%
23%
3*2
(AG) & Bros Inc.
1
Sparks-Withington Co _r—;_No par
Spear & Co common
1
$5.5o preferred
.
-No par
Spencer Kellogg & Sons.
1
Sperry Corp (The)——,
;
-1
Spiegel Inc common——,
2
Conv $4.50 preferred
-No par
Squat"* D. Co
——,
5
Squibb (E R) & Sons common
1
$4 preferred
No par
7% Jan
'
19
20
19%
'
98%
171/8
19
"
common—No par preferred—
100
Ohio stock tr ctfs—100
27
May 17
16% Feb
Jan
7
18
17% Mar 14
4
28% Jun
.
24
40% May 14
100
12% Apr
3
12% Feb 25
Jun
38% Jan
13
;
8
16y4 Jan 18
-
Friday
June 17
~
*■
97%
17
20
32%
Standard Oil of
Feb
.
*29%
28%
a-No par
7
May 11
100
4,000
,
25/8
22
30%
20% Jan
•'
97
17%
100
11%
Jun.13
9
6,500
5'/a
*5
22 5/a
*25/B
'
30%
19
19%
39%
7
14
31%
5%
f per share
22
22
*291/4
29%
67% Jan
Jun
30%',
'
31%
200
12%
June 16
25/8
2%
2%
18%
19%
'
100
1,100
:
*
*12
13 '
Thursday
'
55
74% Jan
12
9 :
9
*8% '
.
*5
$ per share
$ per share
2%
5,500
I
81
*77
*
31
June 15
30
•
'■
27
'
4,000
,
"
46%
42% Mar 14
96% May
\
5
sale prices
Wednesday
22 i/a
•
13
15% Oct
30%
Tuesday
110
5,400
25'/a
26%
27 '
80
31%
'
5
30
3%
13
97% Jun
J
22
14%
14
Oct
3,800
82
*78
23% : 241/4
*8%
'*12
8%
*12
5
30
'
*99 %
Jun
,11% Feb
1,800
6%
24%
13 i
3%
22%
■
10%
55
20
2,000
4%
6%
24%
26%
*85
60%'Jun
Jun
.10%
*4%
82
*77
,
*97%
36%'Jun
,
*9%
'
80
June 14
2%
23%
Jun
Jan
>
29,900
'
30%
5
353/8
25%
26%
*77
'
Jun
109
35
"23% Nov
30%
5
19%
,
73
53
Feb
12%
30%
26
'
"
13
-
200
35
25
24%
8%
8%
*12
6'/2
24%
25%
x23
900
1,000
;38
*6%
4%
6 5/a
*78
-
X243/4
80
*77
8%
17%
*
Jan
36% Feb
89
4
98% Jan
Oct
69%
May
18% Jan
Oct
121
i-
81
97%
92% Jun
109%
Feb
26
,
25v2
25%
19
prior preferred
No par
prior preferred
No par
Standard. Oil of California—No par
Standard Oil of Indiana
-25
Standard Oil of New Jersey
25
Feb
97%
54%
Jun
Jan
103% Mar 17
17% Apr, 25
Oct
86
25
"
30
non-cum
Mobile &
•
10% Mar 31
5
79%
17% Nov
25
22 y*
Spalding
71% Apr 26
16% Apr
6
13
19%
Jun
9
29% Mar 30
s
,
80
77
24%
2%
Railway
5%
24% Jan
15
23% Feb
100
Southern
26
73
5
Jan
13%. Jun
29% Jan
21% Aug
95
May
7
Jan
5
Jan
6%
24
y
.Co—_—7.50
Coa
Jan
6% Jan
<
68
*.■
*—
Pacific
66% Feb
Jan
22
Rights
Southern
13% Jan
21
3% May 23
4
Mar 22
8% May
,
7
49% Jan
;
73
63
May
% M".y 31
•
May 31
10% Apr
i
.
t
15
Oil Co Inc
5
11% Jun
26% Feb
Dec
.
15
32% May
16% Jan
44
30
4%
6 5/3
24%
I per share
share
5%
5
11% Nov
40
43/a
6'%
25%
jjnne 13
E & G Co com_4.50
preferred
50
5 ya %
conv preferred
?—50
Southeastern Greyhound Lines
5
South Porto Rico Sugar com.No par
8% preferred——;
?
25
Southern California Edison
25
36% Mar
Aug
9 3/4
4%
77
*74
Monday
South Carolina
5
13
58% May
3
9%
77
June 11
Solvay American Corp ;4% pfd—100
South Amer Gold & Platinum
1
16
46% Jun
.
9%
.41/4
77';
30
Par
Spcony Vacuum
*
25% Mar
6%
35.1/4
4,400
'
7
8% May
1
53% Mar
3
100% Jan 24
13
Mar
40
Oct
60
Jun
.-
3
7% Jan
45% Aug
52
14
17
3% Jan
8% Oct
Feb
88% Feb
98% Jun
104% Jun
3% Nov
39
13
10
6%
12%
20
Smith
(A O)
Corp
10
Smith (A) & Sons Carpet Co com—20
3%% preferred
100
4.20%
preferred
.—100
Smith & Corona Typewriters-No par
Jan
10
9%
4%
34%
'
38
.
Skelly Oil Co
Sloss-Sheffield Steel & Iron—t
127% Jan
16% Jun
97
:
35%
63/4
81
Coalition Mines———5
Simmons Co
/
—No par
SImonds Saw & Steel—;
No par
Sinclair Oil Corp
No par
7
18% Jun
32% Jun
15
92%
6
May 31
Jun 13
2% Jun
7% May
Dec
25
35
4%'
25%
Silver King
12
61/2
24%
.
4% Jan
*6
9%
Saturday
.
$ per share
t per share
t per share
*38
6%
*6
LOW and high
,!
■
.
t per share
373/4
4%
STOCK
EXCHANGE
Highest
<
37%
34%
stocks
Range for Previous
373/4
37
\
33%
v
17'/8
171/8
17
17
49
*46
47%
*46
:
50
13%
13%
13%
13%
13%
47%
40
2,300
,
85
*84
85
40
13
12%
131/8-
*84
17
33%
5
13
*
'
:
79%
*79%
17
34%
1
Corp of America
13
*46
6%
1
Pen Co
(W A)
90
xl3%
6%
8%
90
795/8
82
*80%
»
'
17% '
'
6%
'v
92%
6%
82
*
'
9%
Shell Union Oil Corp———a— -15
39% Jan 21
13
Jan
5
14% Feb
8
11% Apr,
30
7% Jan
Dec
Feb
,
13%
6 %
24
92%
*79%
85
*84%
6 %
■
11,100
1,400
:■ 13
85
33%
No par
No par
$3.50 conv pref series A—No par
Shattuck (Frank G)
—Nopal
Sharon
17%
38
51%
795/8.
47
17
5iy2
93'
*45
*17
51%
52'
52%
13%
47
3,600
241/B
52%
■
37%
Sharp & Dohme common
29% Mar 31
8% Jun
Oct
14
Oil & Gas
Steel Corp—i—
14%
10%
23%
*79%
*83 %
85
*45
a—1
No par
1
Shamrock
7
37% Jan
77
Dec
46% Jun
Feb
4%
15
22% Jan " 4
15% Jan
Dec
12
13
Jun
$4.50
5
13
13%
10
23%
*91
z
11,166
6s/8
6%
,\ 23%
13
13
85
'
10%
23%-
93
82
6%
79%
79%
150
90
*771/4
.
10%
22%
51
*91
80 %
5,500
*38
82
*80%
23
50
93
13
5
—1
;
preferred
5
31% May
x23
Jun
68
Jun
Refrigerator Co—
52
33%
32%
32%
f*-
10%
"
"
80
No par
Seiberling Rubber Co
Seeger
<11% May 19
23%
13,400
6%.
82
*80%
22%
8%
81/4
91
1,010
3,700
-
38
10%.
'6 »/4
63/» ■ :l
101/4
9%
110%
83/4
32%
8,700
21%
1101/4
37%
*86%
1
82%
/
*81
10%
x
*77%
92
82
6%
6%
82%
10
93
33'%
*86'A
*771/4
'
*81
22%
51""
8 »/4
82
'■
6%
8%
31%
x21%
33
89
*86%
*77%
82
♦77%
5
Roebuck & Co
31%
87%
371/2
7% ;
31%
31
32%
87 ~
CLOSED
1
—T
'
8
■
.
111
37%
36%
36%
7 V2'
31
EXCHANGE
353/4
8
7%
1103/4
111
111
91/4
22%
22
22%
.
1,400
s
'44%
9%
;
111
111
36%
36
No par
Del
Seagrave Corp
18
110%
"STOCK
t c—No par
series A
—100
preferred
47% Jun
2iy,
21%
110%
Seaboard Air Line com v
7
10
21%
vtc—-100
3,100
4
7%
24%
*97%
Southwestern Ry Co—100
5% non-cum preferred
—100
St Regis Paper Co common
s—5
1st pfd 4.40%
series A
100
Savage Arms Corp
5
Schenley Industries Inc__1.75
Scott Paper Co common——>_No par
$3.40 preferred __—»
No par
Scovill Mfg Co 3.65% pfd
u-100
Scran ton Elec Co (The) common—5
3.35% preferred
—
100
7,000
8%
'
4
7%
St Louis
71
9% Jan
1'
8
79
Co
300
4'/8
♦8
16
4
73/8
36%
RyCo com v t c„No par
St L-San F
12% Jan 25:
42% Jan
122
9
Jun
6%
preferred
Joseph Lead
5%
18
26,200
15%
*15
7%
'
4
7%
*21%
5
100
10
common
1,800
32%
.
.
Safeway Stores
5
23% May
3
16% Jan
143/4
*15'/4
32%
;■ u
21% Jan
104% ;
31 3,4
143i
33
4
440
4
14%
32
16
400
%43/4
•
14»/4
32%
4
10
44%
90
104%
105
13%
313/8
*15%
7.0C0
90
14%
,
600
36 %
44%
.
91 '/a
32%
••
50
4%
36'/.
'
36%
*43
"
93
1,600
'
*4%
4%
:*4%
101
*100
,
1,000
7,500
19%
19'/4
101
*100 •
200
3,700
.
4%
4%
43/4
19%
*19%
4%''
4 3/4
4%
4%
.
100
100
100
100
101%
91%
5
—
92'/8
193/a
No par
—
92%
92%
13%
13
7
25%; Jan
•*eo
*92 y8
■
31%
13
10 % Jan
1
22
*92 y8
105%
Jun
July
92%
91%
39% Apr 25
7% Jun 13
29% July
113/4
4%
35%
10% Jun
Sep
6%
*11 1/4
19%
*43
No.par
Mines
Robertshaw-Fulton Controls com—1
4%% conv preferred
1—25
Rohm & Haas Co common
20
4% preferred series A
a—100
Rojison Art Metal Wks Inc new—-1
Royal Typewriter——
1
7% May
4%
19%
11%:
4%
4%
Ritter Company
5
17%
92%
11'/4
19%
Roan Antelope Copper
5% Jan
9
Jun
4
17%
*90%
ll'/a
11'/8
*100
3.60% series
4,50 % series
>-100
Manufacturing Co
1
Richfield Oil Corp————-No par
38% May
15%
"11
Rheem
13
17%
91%
4%
Preferred
Mar 2A
19% Jan
17%
91%
xl9%
*—10
—100
-—
11%
93
23,400
18
92
10%
93
11
1
10
class B-
i
Preferred
9
92% Jun
107
13% Jun 13
24% May
Common
*90%
*92%
Shares
*92'/a
18
91%
for
Sales
share
173/s
17
91%
100
2.50
_
S per
$ per share
share
*90%
17%
17%
ner
the Week
June 17
June IG
June 15
t
S per share
S per share
share
Reynolds Metals Co com—— No par
5%% convertible preferred-.,—100
37% May 26
83 Ye
Dec
$ per
Par
.
preferred—
5%%
43
103%
.
...
Rexali Drug Inc
18
23 :> Jan 26
103% Feb
3'
6% Jan
6
5% Apr
7
11% May
Dec
12
Apr
104%
6%
16% Jan
99 % Jan
14
j
.
.
Friday
Thursday
Wednesday
June 14
.
Republic Steel Corp com
No par
6% conv prior pfd series A—100
Revere Copper Ss Brass com—No par
31
15
.4% Jun
29%
19%
92
Oct
May
8
Jan
May 21
10% Jun
21% May
102
Feb
4%
share
7
110
13s
91 % Jun
111% July
Jan
t per
r
Tuesday
,
EXCHANGE
27% Jan
13
Jun
17
Oct
33%
Highest
,
f per share
% per share
$ per share
22%
Lowest
STOCK
NEW YORK
„
HIGH SALE PRICES
LOW AND
stocks
Banft for
1949
Monday, June *20,
& FINANCIAL CHRONICLE
COMMERCIAL
THE
26
,
173/4
17 y8
17%.
41%
41%
4iya
600
t
Volume 169
THE
Number 4813
COMMERCIAL
NEW
Range for Previous
9
$ per
S per share
Dec
140
Range Since Jan. 1
Lowest
Highest
t per share
Mar
11% Mar
NEW
Highest
10% Apr
7% Mar 25
168
15
Jan
10 Va Jun
15
'
14% Jan
12
31
Dec
44 %
Jtui
30% Jun.
17
'
36
Sunshine
11
Jun
16%
127
Jan
7 % Feb
Dec
36%
Jan
27% Jun
14
8%
Dec
22
Jan
8% Jun
14
17%
Feb
26
79)
Dec
91
Jan
7
9% Jun
14
Dec
11% May
5% Jun
2% Jun
6
4'A Jan
147/8 Mar
19% May
13% Jun
14
17 y8 Jan
52
67
•
Mar
5% Jan
>
preferred
•Symington
Corp—
T
10% Mar
Talcott Inc
48% Jun
13
55% May
Texas
14
177/8 Jan
Texas
Gulf
56
71 %
Oct
Jun
14
65% Mar 11
Texas
iqy8Jun
July
14
23 y8 Jan
Texas
7
*8
*31
8%
*8
8%
28%
28
28%
28
8%
8%
8%
9
19
18 %
81%
*9%
,19
10%
3%
19
83
*81
3%
8%
*81
3%
Shares
8%
4,900
*8
•31
Feb
45%
Dec
10%
Dec
xl4%
48 y2
Dec
33% Feb
May
7
48
Apr 25
8%
.83
28 %
3,600
8%
9%
10.100
xl8%
.19%
.18%
18%
7,300
*81
19%
28%
82
■81
82
-50
4
5,300
3%
3%
3%
,3%
9%
*9%
10
10%
*9%
10%
2%
2 7/8
*2%
5
Xl4%
14%
13%
14
13%
13%
14%
4
48%
49%
48%
49 V4
49%
50'A
49 7/8
50%
10
H%
12
11%
11%
11%
11%
11%
56%
58 %
56
56 %
56%
57'A
16'A
16%
16%
16%
16%
17%
1
38
39
38%
38%
1O0
38
38
38
50c
8
10%
14%
Producing Co
46
share
65% May
20% May
36
Jun
16
Jan
3
Texas
8
Jun
13
11% Jan
7
Textron
24
13% Jun
13
15% Jan
May
22
ctfs
No par
:
LlO
i
& Pacific
Inc
$1.25
Ry Co_
:
common
preferred
conv
No par
5%
Dec
14 Va ,Jan
Dec
46 y4
Jan
25% Apr
19
6% May 21
31% May 21
Thatcher Glass -Mfg Co common:
25%
13% Mar 16
The
<
4% Mar 21:
12%
Apr
15 y2
May
12% Apr
21
5%
Dec
10% May
4% Jun
17
6% Jan
34%
Dec
2
37% Jan
35
47 %
Jan
6%
1
$2,40
Dec
13 %
Apr
2% Jun
16
Apr
24
,.Jun
14% Jun
7
7% Feb
23
19
7%
Mar
-
-3 %
Oct
10%
39%
Feb
59 5/2 May
34% Jun
15
45% Jan
85
Feb
95 %
Jun
84% Apr
14
89
1% Mar
4%
Jan
2% May 23
3% Jan
19% Mar
31%
Nov
32%
Jun
23% May 19
19% Jun 14
29»A Jac
19 y8
Feb
95%. Jan
17
104%
Mar
40
Dec
10
Jan
102% May
July
23 y8 May1
55
May
Dec
13%
3
13 '/8 Jun
37% Jun
Jan
13
1
9
Mar
*3-
3%
3
3%
10%
,3%
14%
800
49
49%
13,600
11%
11%
11%
6,200
56%
567/8
56%
57%
3,400
17
17'A
16%
'16%
3,890
>
5 'A
96
10
Jan
10)
Jan
4
13
Feb
10 Va May
6% Feb
11
167/a Feb
4
7% Mar 30
107% July
19% Aug
98% Feb
10
9% Jun
13
25% Mar
19 % Jan
3
17% July
31% Dec
92
36%
24 i
5%
Jan
32% Jan
6
100%
Jun
98% Jan
13
8% May
Jan
4%
4% Jan
3
Dec
Jun
32%
Jan
24% Jun
15
Dec
14 %
Jan
4% Jun
13
103
Mar
9
Jun
Co
4%
36%
—50
1
.—15
36
37
.3%
3%
,147/8
14%
37
87%
com__No par
2%
2%
2%
25%
25 y2
25%
preferred—+
Tri-Continentai 'Corp
$6
20th
$1.50
conv
$4.50
prior
Twin
5%
7
Coach
2%
6,200
15%
400
8%
*8
*8
8%
*8
,34%
34%
34%
34 %
86%
*86'A
,87%
*8,6%
87%
20
2%
2%
3%
3%
3%
■3%
3%
5300
25%
25%
.26%
*26%
20
35
27
*38%
39
38%
27%
15
39
,38%
37%
11%
11%
"
.6%
.38
10%
10%
11%
.
rl 1 %
11%
,11%
6 %
6%
8%
34%
86%
147/b
.10%
29
1,000
9,300
20%
20%
20%
20%
20%
104'A
104%
104%
*104%
105'A
50
'14%
34%
4,100
38%
387/a
1,200
-,10%
10%
10%
12
10%
10%
12
11%
12
12
.11%
101%
101
11%
,11%
6%
11%
11%
6%
6%
1,900
101
.6%
6%
.
6%
107/8
312
5,800
5,500
11%
■1,200
,6%
18,600
103
101
102%
9% .,10
,10
10%
10%
10%
10%
■10%
18%
10%
2,200
20%
21%
21
21%
31%
21%
.21%
22%
14,000
102
5
20%.
21%
34
par
34
*33%
*99%
100
•5%
*5%
.5%
par
*24%
4%
4 %
.4%
*99%
35%
200
100
100
5%
*23%
24%
220
4%
26
4%
490
5%
4%
2,900
•5%
*25
101%
*34
190
*5%
24%
4%
101
35
*99%
5%
24 Va
•
101%
*34
100
*5%
24%
4%
.4%
35
*99%
r-%
25%
25
50
—1
*34
35
100% ,1.00%
No par
No par
:
•2%
*15%
15
10%
preferred;
3%
15%
13%
38
common—1
Co
110
3%
15%
104%
No par
prior
conv
Twin
37%
3%
13%
11%
preferred.
*36%
2.00
15%
19%
105
.11%
preferred
2,100
13%
5
City Rap Transit cbm__N6
200
.4%
19%
:_2
Century Fok Film com—No
,1-2%
'4%
*104%
No par
—'
*36%
*12%
.4%
37%
.20
No par
preferred
37%
*12%
5%
■29%
.3%
88
.14%
600
1,100
*5%
*15%
35%
13%
-600
13 y4
13
4%
8%
*3
35%
13%
5.600
*2.9%
*104% 105
——5
Bearing
8%
19%
No par
;
Truax-Traer Coal Co
29% Mar 14
6% Jan
Roller
CLOSED
4%
*36%
.15
*86%
100
7,900
37%
9 y4
>9
5%
39
808
29
?9
13
3%
*8
.No par
com
5%
5%
29
*12%
4%
36
3%
.14%
Gorp„Nopar
(The)
Products
5%
29
12%
Corp
Transcont'l & Western Air Inc
10iy2 May 31
7% Mar 14
14%
•;4%
Transamerica
24'A May 16
35% May 12
*14%
-12%
Transue & Williams Steel
13
14%
.47/B
87%
13
15 % Jan
14%
.12%
36
Timken
13% Mar 30
11% Jun
9%
.4%
Timken-Detroit Axle
43% Mar 30
*3,6%
9%
.5%
STOCK
$3.75
Jan
38%
.37%
:9%
29
$3.50 preference
—Nopar
Tide Water Associated Oil com—10
Apr
12% Mar
-5%
*28%
EXCHANGE
105% Jun
12
Steel
preferred
Thompson-Starrett Co
22% Mar
19
.5%
29
38%
36
8%
.12%
4 %
23%
Nov
5%
29
39%
36%
38%
36%
14%
14
13%
400
2%
*14%
8%
8%
1
common
Thompson ( J R)
Nov
9%
15% Nov
Co
Thompson
Jan
25% Jan
19
i
__No par
„
Avenue Transit
Thomas
Jan
5
.38%
*36%
'
.8%
13%
No par
$2.50 conv preferred
Third
7% Jan
20
Fair
Thermoid
19
preference
conv
800
<
9%
--——5
Gulf Sulphur
Pacific Coal &-.Oil
Sub
900
.
28%
r
Texas Pacific Land Trust—
29
300
10%
30%
,8%
the Week
1.3.5
*40
<31%
*8
27%
•
3%
L_9
.
Corp_—.i_-
Co
11% Jun
25
31
8%
fc«
Sales
shflre
-■
,
Corp
Jun
Feb
31
per
*128
.
10%
25
Tennessee
25% May
Nov
31%
tS
8%
135
10%
si
r
1
(James)
Telautograph
8%
*127%
10%
9
8%
L_No par
Gould
127
10%
18%
»—l25
International Ltd
Sylvania Elec Prod Inc com—No par
$4
7
Co
1 per share
8%
127
10%
31
,8%
&
8%
132
10 %
28'A
14
19
31%
*8
3% Jun
47
31%
,
,10%
Friday
June; 17
June, 16
$ per share
8%
*126%
28
7
Nov
__10
8%
130
Thursday
June 15
S per share
8%
128
xl0%
Sweets Co pf America((The)__4.16%
2
15'A Nov
8%
25
—_50
Swift
89
3%
,;_10c
California—
Superior Steel Corp_^
Sutherland Paper Co
Swift
24% Jan
9% Mar
$ per share
PRICES
Wednesday
June 14
25
13
Aug
7% May
:«
t per share
SALE
Tuesday
June 13
21
Feb
17
4% Mar
Monday
•
12
Jun
81
Saturday
32% Jan
'
18% Jun
Jun
of
(2659)
RECORD
June 11
Mining Co
Superior Oil
«
9% Apr. 26
25
28%
v
Par
14
Jun
19%
8% Nov
STOCK
CHRONICLE
LOW AND HIGH
STOCK
$ per share
share
Dec
Jun
YORK
EXCHANGE
13%
235
YORK
FINANCIAL
STOCKS
Year 1948
Lowest
&
4%
.1,100
5
U
9%
Dec
12
Jan
8% Jun
14
10% Mar 17
Dec
59%
Jun
39% Jun
17
46
97/a Mar
16 %
Jun
10% Feb
8
39
Jan
12
6
27%
Feb
397/a May
19% Jun
17
12% Apr
31% Jan
37 Va
Nov
43'A
33% Jun
13
42
Jan
103'
Nov
Udylite Corp
Underwood
110
13
Mar 31
21%
Feb
38% July
25 '/p. Jun
I3
31% Apr
5
79% Nov
96'A July
73% Jun
14
89% Jan
21
45%
Sep
51% July
48
Apr
16
51% Feb
Jan
41 %
31
Mar 28
36% Jan
5
Preferred
of
14
13
90 % Mar
61% Jan
3
19% Feb
16
20% Jun
Oct
104
.6%
Dec
27%
2%
41
2%
4%
Feb
'
26
23 % Apr
104% Jun
28
33% Mar 17
13
3% Apr
13
3% May
2% Jan
3
4
May
Feb
24
46% Jun
13
Apr
28 %
Jun
15
Jun
35
Feb
58% May
Dec
23
Jun
Apr
101
Feb
Feb
113%
166y2
Nov
179
8
Dec
76
65
Jan
6
22% Jan
7
39 % Jan
20
7
21% Apr
16
12% Jan
7
54% Mar
7
6
24% Apr
Jun
6
11
23% Apr 18
23% May 16
94
Mar
7
100
13
May 17
104% Jan
20
U
175
Jan
10
183% May 12
6% Jun
6
42%
Jan
17% Apr
8%
Jan
28
36
Jan
15% Jun
Sep
21 %
Jan
11.% Jan
3
7%
Dec
9% May
7% Jan
19
39%
3% Jun -13
Feb
53 %
July
38
49
Jan
58
July
52 % Jan
22%
Dec
37% May
13
Jun .13
19% May
12
3
Jan
24
7
U
U
21
16% May 18
8% Apr
U
28
U S
59% Feb
4
U s
25% Mar
8
U
Dec
94
May
82
Apr
29
49% May
33
Jun
13
43
Jan
26
Jan
112% Jun
13
133
Jan
21
58% Jun
37% Jun
17
46% Apr
18
137%
72
.■88% Feb
Apr
64% Jan
13
.20 % Jun
13
24% May 14
Jun
129% Jun
8
140% Jan 26
21% May 19
Feb
19%
Jan
18% Jan
Nov
42% May
38% Jan
3
4% Mar
6% May
4% Feb
24
Dec
12% May
8% Jun
14
85%
2%
98%
Dec
Dec
<6%,
Jun
80
Jun
4
25
Jun
12 % Jun
14
10% Jun
3% Feb
25
-Jan
16
Feb
20
.4
Mar
Feb
Feb
7%
42
23%
21
Jun
19% Jan
May
156
15% May
7
;170 *:
Dec
Dec
85% Jan
3
8
34
150
29
5% Apr 28
,10% Mar 30
Feb
Dec
.
70
Mar
17
5
16
Jan
7
8
Mar 29
17% Jan
7
5% Mar 30
22% May 19
170
dun
14
S
U S
non-cum
3
1st
Co
preferred
Stockyards
15%
15'A
15
15%
1,400
35%
35
35%
35%
35%
35%
600
46
45%
46
45 %
46
45%
45%
45%
(45 %
10,100
19%
18%
18%
*18%
19
*13%
19%
18%
19
10%
10%
10%
10%
10%
10%
10%
10%
10%
19%
19%
*18%
<20%
*18%
20%
21
*18%
20 %
*18
20%
-20%
20%
96%
*94%
19
*.18%
19
*18%
19
*95%
96%
95%
*14
14%
89%
-*90
91'A
CLOSED
*177
X177
3%
,14%
15%
14%
15
,15
x7%
38
58
20%
8%
Leaf
112%
113%
39%
40%
43 % Jan
3
55% May 19
4%%
25% Apr 25
11% May 13
Van
Norman
24
Van
Raalte
113%
113
40
70
20
439%
Pictures
Co
2%
422%
69%
21%
21%
*39%
81
'2%
13%
12%
*4%
4%
4%
24%
-13
21
22
22
170
170
170
53%
M
19%
20
,
53%
.53%
Feb
27%' Oct
19% Feb
11
9%
Dec
15% May
9% Jan
3
21%
Feb
26% May
20 Ve Jun
14
For footnotes
see paee
28.
Jan
27
Vanadium
"i 1
Corp of America—No par
2,50
Co
Co
Inc
._
9%
10
20%
19%
;
.93
10
J
21"
20%
*20
■
3,100
19%
19%
2,800
*39%
40%
.
50
400
8%
8%
8%
1,900
*77% \.8i
*2%
3
*22%
25%
112 %
13
*77%
81
2%
3
,*22%
25
13
13
.
•
2,400;
400
.4%
4%
.; .4%
4%
1,100
21%
22%
21%
22 %
1,400
8%
20%
86,200
,8%
170
55
*53%
9%'
600
21%
130%
22%
8
7%
8%
69%
21%
130%
4%
166
8
7%
,*68
4%
13
-
22%
21
2,100
*4%.
24%
4%
4%
38%
4%
3
2%
*22%
*12%
1,050
37%
7,000
*4%
81
*77%
3
5,400
87%
8%
8%
*78%
20
*40
21%
113%
21%
19%
56
113%
131
40
200
2,200
4%
*4 %
*22%
70
8,100
8%
35%
,41%
*.69
15
39%
34%
114
130%
20 Ve
21 Ve
*85
35%
.41 %
20%
8%
*55%
87%
114
69 %
4%
39
21%
-
130% .130%
19%
20%
3
24%
1
21
114%
41
*7%
56
114%
'
*12%
1
*55
41
.4 %
'8%
8%
39 %
20'%
>
15
.15%
*7%
41
01
...
15
*38%.
35%
1.
14%
500
34 Vs
69 %
*?9%
9
100
preferred.
1,300
85
*168
com
500
3%
16%
87%
com_No par
Inc
,19%
3%
40 %
130
20
20%
,41
4%,
l
20%
20%
20'A
129%
131%
~
*18%
200
*15%
33%
40
69%
«■
•21
20%
19%
80
7
46
3%
<56%
*85
100
Tobacco
preferred
May
34
33
34
*6%
*42
16%
*
87%
7
179
*3%
39%
*55
20%
*20 %
*84
87%
33
58
*177
46
19
8%
39%
39
*55
21%
*84
Universal Laboratories Inc_-
Universal
38%
100
1,700
*15%
,15%
*7%
8%
*7%
39%
*55
100
..
8
14'A
93%
,3%
*15%
'
•
*6%
18%
3%
15%
130
14'A
16%
.18%
*3%
15%
*78%
Universal
19%
3%
15%
$6
conv
preferred
No par
United Wall Paper Inc common
2
4% conv preferred
50
10% May 18
*18%
3%
15%
96%
7,100
93%
179
*42
46
100
20%
20%
14%
177
6%
-6%
1,200
13,000
93%
93%
180
*42
19%
18%
*14
93
*177
6%
45
8%
10
179
*6%
6%
*6%
*42
4%
Feb
95%
*96
14%
91%
177'A
96%
*13%
X89%
EXCHANGE
20%
96%
14%
1
Universal-Cyclops SJeel Corp
19%
*14
2d pfd—5
non-c
*19
19%
19
19 %
,19
,
STOCK
25
Corp
United Stores $4.20
30
15%
*18%
No par
com
48
900
35
70
non-cum
*45
48
4
5,800
15%
130
Tobacco
73,200
35
50
7%
40
3%
*3%
t-/8
*45
•2%
40%
3
3%
15%
Corp__^_^,—_T—No par
preferred
_100
United
3
15
5o
preferred
32
2%
40%
35
*45
100
com
*30
2%
41
15
19
10
preferred
32
2%
10
Steel
1%
U S
common
400
2,600
18%
10
Smelting Ref & Min
7%
U
Co
•4%
32%
45%
No par
—_
140
,4%
*31%
35
.No par
pfd series A
200
2,300
46%
*18%
-1
•300
32
*40%
48
5
common——
21%
104
4,400
9,500
32
2%
r.41
*45
common——No par
class A
67
Shares
15
1
com-
20%
*103%
,11
for
the Week
46%
1
i-o.
20%
4
48 ;
*65 %
21
105%
Sales
*30
32
2%
*40%
4
5
preferred
Rubber
S
*30
2%
41
4
Foundry Co——20
Playing Card Co
1
10
Plywood Corp common
T.
1
8%
Mar 17
43% Feb
2% Jan
22
19
Apr
4
72
U
Co
32
2%
*39%
4
Pipe
3%%
1
140%
Lines
S
*30 %
2%
40%
11
104'A
4%
*4%
4%
31%
4
—100
Leather
Co
30
4
No par
Industrial Chemicals
49% Jan
Dec
w
Machinery
conv
*4%
30%
.4%
4%
20%
104
3%
100
S
4%%
18
37%
interest
S
&
20%
104%
3
.5
preferred
Partic
20%
*103%
3
No par
20
Hoffman
20%
'
32,
.
65%
104%
29%
20%
*104%
65%
20%
31%
21%
105 Va
66
*65
Friday
June 17
$ per share
11%
1
100
common
Cos
preferred
S
600
11
3
—
of
2,100
33%
11
*103%
21
*30'A
No par
4%%
14
86
,
U
27
5% Jan
Jan
65%
21
'104%
105
10%
3
Securities
7%
21% Jan
21
65%
21%
20%
3
1st preferred
Freight Co
Gypsum Co common
S
8% Jan
Corp
49%
*32%
June 16
1
_
$4.50
13
.11%
:
Certificates
x89 % Jun
57
67%
29%
par
Engineering & Foundry
U S & -Foreign
Jun
May 25
10
United Paramount Theatres wL
S
43
Stores
Coal
5;100
49 Va
33%
# per share
styare
105
10%
20%
No par
Corp__No
10%
104% ,104%
*■4%
>4%
—No par
United Gas Improvement Co—13%
Merch & Mfrs Inc
—1
U
Jun
Corp'—
105
,10%
*65%
No par
Carton
104%
10%
>—No par
Co_J
Electric
8,800
75%
Thursday
June 15
$ per
20%
20%
106
*105
100
_
21%
20%
common
5
preferred
100
common__I10
(The)
26%
73%
49%
■
*32%'
Wednesday
.$ per share
$ per share
$ per share
Inc
-
Tuesday
June 14
June 13
June 11
Par
.
Corp
United -Fruit -Co
Jun
-
"
'
•
Monday
Saturday
STOCK
'
&
170
26%
.
LOW AND HIGH SALE PRICES
United
8
Dec
'8%
49
33%
Fastener
Corp
United
17% Jan
Dec
17%
49%
*32%
2%
6
4 %
37
49 Va
33%
4.0%
14 % Jun
17%
Dec
48%
33
Cig-Whelan
United
24
17% May
Dec
63%
48%
33%
United Dyewood
7%
preferred
16% Feb
24 % May
129% Mar
49
33
com__30c
Unite
United
9% Mar 23
Jun
15%
92%
3% May
5% Jan
18% Feb
32% May
37% Nov
48
$3.50 convertible preferred—lOo
6
x44%Jun
May
21% May
20
^
United-Carr
45% Apr
46%
Dec
50
_.No par
preferred
3
2% Jun
40% Jun
19% Jun
•
$4.50
29% Jan
Jan
82%
121
74
United Biscuit of Amcr.i
10
July
Jan
Dec
26%
7.3%
Carbon
Feb
Feb
26
75%
preferred
Board
18%
!
4%%
United
Dec
19%
Feb
United
16%
Feb
26%
74%
Lines
12
60
54%
74
9
11% Dec
89
25%
Aircraft
Air
18
48
100
*88 %
75
convertible
7% Jan
Feb
-95
88
25%
5%
United
38% Jan
*
220
•*93%
88
*109 %
73%
United
Mar 24
14% Mar 29
8
5 % July
Feb
89
16
26% Mar 30
109
13
37%
16%
13
4% Jun
:
110
94
89
25%
'1
29% Jun
55
*109%
94
*88
75%
YORK
Jari
36
Dec
110
97
89
26
EXCHANGE
,
Dec
Nov
110
*93 %
88%
25 Va
'
15%
'•
*109'A
97
89%
74%
preferred
6,900
27,600
97
25
Co
200
20%
35%
*88
com—_50
RR
38%
Feb
29
Jun
NEW
Highest
35
*93
No par
non'-cum
Sper share
v
8%
series
Union Tank Car Co-
Range Since Jan. 1
10% Jun
23'A
Carbon-—No par
.
STOCKS
104% Jun
!
&
Pacific
Range for Previous
Jan
Rubber
California
Oil
Union
4%
&
$3.50
Union
,
15
31%
Jun
-19%
35%
*93
4
Jan
92
Apr
21%
35%
110
Apr
94
19 y4
20%
35%
109%
111
7
30% May
21%
34%
109 %
6
13
110%
21
34%
Un El Co of Mo pfd $4.50 ser„No par
Preferred $3.70 series
—No par
Jan
Dec
21
34
Jan
Nov
3,500
11%
34%
86% Jan
9% Nov
57% Nov
39%
*11%
21%
94
22%
900
39 Va
,11%
33%
107
103 y4
8%
39%
11%
20%
Jan
$ per share
8%
39%
U
Carbide
Jun
$ per share
8%
39%
11
Bag & Paper Corp—_No par
Jun
,
8%
39%
11
Union
90
Lowest
8%
40
Union
98
Highest
8%
7
110
Year 1948
8%
39%
*10%
20%
7
Oct
19
11
*10%
Feb
<•
8%
40 %
40
Co__—5
Nov
Lowest
8%
1
—No par
Asbestos
91
$ per share
;
,J,
Corp
Union
80-
Jun
(The)
*163%
166
*163%
166
40
8'/a
8%
8%
8%
7,100
C3%
53%
*53%
54%
200
*:
'
20%
i* 10 f;'
-l-' 20%
"20%
20%
10 %
*20
10%
r
20%
19%
10%
*20
20
1,300
10%
1,000
20%
500
27
28
COMMERCIAL
THE
(2660)
&
RECORD
STOCK
YORK
NEW
STOCKS
lai|« for Prerltu
I per
I per
thare
J per thare
12% July
15% May
10
Feb
16
13% Jan
19%
Deo
29%
20
Jan
3
22% Apr
1
85%
Deo
94
May
5
89
Feb 10
86
Feb
95
90
Feb
1
38% Jan
26
5
17
Jun
85 % Jan
32% Dee
48% Jun
33% Jun
85
96%
Apr
91
Jan
7
14% July
5
Jun
6
17
118
lo%jan
113% Apr
3
29
118
Feb
14
15% Deo
23
Jun
Jun
14% Jan
3
20
Jan
19
28%
38% May
27 % Jun
13
32% Jan
33% Apr
14% Nor
117%
Jan
109
Deo
17% May 16
34% May
29% May 11
Dec
39%
Apr
25% Jun
Jan
23% Mar
32
60% Jan 28
14% Apr
9
25%
Deo
32%
29
Apr
32% Jan
30
Jun
Mar
31
5
Mar 15
6
9
Apr 26
the Week
Shares
10%
10 3/4
10%
11
11
11%
6,000
20%
21
20%
203/4
1,200
87%
20%
20%
20%
20%
20%
87%
*85%
87%
*85%
87%
*85%
87%
*85%
*86 y4
89
*86%
89
*86%
89
*86%
89
*86%
33%
34
34
34%
*94
96%
5
5%
*81%
16 y»
5%
*81%
84
16 %
16%
115
115
115
18%
18%
27%
27%
*27%
31
31%
26
26
25%
29
*26%
•26V8
33%
*93%
95%
20
5%
5%
5%
5%
3,800
833/4
*82%
82%
82%
200
6,100
95
33%
16%
16%
16%
16%
16%
16%
1143/4
1143/4
1143/4
16%
115
♦114
84
*114
*
19%
60
27%
300
313/4
27%
*30%
313/4
600
*25%
26%
♦25%
26
500
*26%
28
27
28
1,610
*32
34
*32
34
*45
47%.
*45
47%
19%
*18%
19%
28
*27%
28
*27 %
28
31
*303/4
-
31
25%
*25
26
29
*26%
29
34
•
*32
-
40
18 %
*18%
*32
34
"*32
1,400
33%
94%
33%
*92%
53/4
34%
19%
31
31
89
*82%
84
115
*18%
-
5%
5%
33 3/4
95
x
96%
*94
25
pfd
Sales for
$ per share
share
*85%
Co common
*—25
6% preferred
25
Vlsklng Corp (The)
-6
Vulcan Detinning Co common——20
1% preferred
20
30% Apr 30
14
103/4
Friday
June 16
I per
thare
20%
Virginian Ry
6
Nor
24%
10%
11
t per
share
June 17
Thursday
June 15
June 14
1 per
share
10%
100
preferred
Va Iron Coal & Coke 4%
$5
12
29%
$ perthare
com_100
5%
non-cum preferred
100
Victor Chemical Works common—5
3%% preferred
100
Va-Carollna Chemical com—No par
6% dlv par tic preferred
10o
Virginia Elec & Pwr Co com
10
Jan 21
82% Jun
18% May
124% July
Feb
93
1 per
Vicks Shreve & Pacific Ry
11% Jan 21
7% Mar
LOW AND HIGH fALS PRICES
Wednesday
Tuesday
June 13
Vertlentes-Camaguey Sugar Co__6%
Vlck
Chemical
Co
2.50
96% Mar 16
Oct
Monday
June 11
Par
6
85% Mar
Saturday
STOCK
thare
f per thare
Jan
YORK
EXCHANGE
Highs*
Leweet
Highest
Leweet
NEW
Range Sinee Jan. 1
Year 1948
Monday, June 20, 1949
FINANCIAL CHRONICLE
34
47%
W
57% Aug
66
Jan
45
12% Dec
15%
Jan
12% Feb
26
25% Jun
13
34% May
14
Jun
13
14
20% Jan
27 % Aug
23% Feb
23
Deo
20% May
11% Jun
14
29% Jan
105
Jan
23% Jan
9% Jan
15% Jan
94% Feb
12% May
25% Feb
22% Jan
25
Jan
14
Jan
10
17% Jun
Jun
35%
Dec
28
May 19
101
Aug
105
100% Apr
*18% Mar
8% Feb
21% Jun
27% May
1
13% May
7
Jun
13
16"% July
10% Mar
xl2
Jun
14
x87%Junl4
x83% Mar
101
Jun
9% Nor
14
May
9% Jan
Jan
19% Jun
Not
22
32
'
xl9% Not
12%
22
Dee
Sep
leys Feb
30%
16% Dec
13
3
Jan
11% Apr 21
6% May
3% Jan
Sep
34% Aug
xl9% Jun
13
Not
86%
Jan
Mar
Jan
Jan
Jan
20% May
115
Jun
117
May
110% Jan
113
Jun
108% Jan
103 V2 Jun
17% Jan
41% Jan
108% Jan
3
26
180
15%
5%
27%
84%
23 y«
3% Dec
16% Jun
19% July
119%
*113% Apr
3
108 Va Mar 22
Jun
Jun
114
14
14% Jan
26% May
19% Mar
13% Feb
104% Mar
May 20
80
Jan
113Y3 Feb
25
103% Feb
8
103% Mar
111% Oct
105% Not
100% Oct
113
Jun
107
Apr
107
' Jun
105
Apr
18
25
101% May 2
16% Apr
22%
Oct
13% Mar
38% Feb
51%
Jun
35% Jun
Feb
110%
Jun
104
May 12
10% May
5
Feb 24
100%
5% Nor
4
14
46% May
16% July
8% Feb
22% Mar
38% July
2iy2Jun
14
25% Not
58% Deo
36% May
20
Jun
13
74% July
53% Jun
6
39%
Jun
21% Jun
33 Va
29% Not
23% Deo
Jun
20% May 31
13
3
95% Apr
90% Jun
Jun
98 V3 Feb
15
40% Jun
Feb
85%
May 31
13
May
26
Deo
15
21% Jun
7
101%
91%
Feb
25
Deo
80
115
Jan
37
Mar
Mar 30
102
July
57% Oct
83
92
Jan
27% Jan
Feb
75
24% May
Mar
23
29% Jun
13
Jun'15
23% Mar
2
9%
12% Jun
13
22'/a July
18 % Jan
3
July
531/4 Jan
5
Feb
31% Nov
28% Feb
8
Feb
13%
X53
19% Jun
Dec
Feb
126
Aug
27%
9
4
1
7
11
24
2
25
30
7
24
21
14
14
-
2
13
14
26
13
20
24
25
71/2 May 31
6
7% Jan
56% Jan
13
Mar
65% May
10%
Nov
17% May
878 Jun
15
121/2 Mar 10
69
Dec
88% Jan
71
Jun
17
79
12%
Dec
19
Jan
10
Jun
6
14% Dec
18
Jun
14% Jan
14
X138
Jan
128
Jan
4
Oct
22
Jun
2
34% Jan
51
.
125
Dec
28
Feb
May
37%
Apr
2
131/2 Jan
17
18% May
5
13iy2 Mar 18
10
41% Nov
49%
Jun
44% Jan
3
47"% Jan 21
13%
Dec
25% May
11% Jun
14
58%
Dec
81%
X591/2 Feb
24
15% Mar 30
67V2 May 17
Jun
10
721/2 Apr
Jan 10
74
Apr
9
9% Jan
7
X62
Nov
94
May
64
58
Jan
96% July
68
Feb
25
July
66
Feb
9
60% Mar
69
8
Mar
11%
22
Dec
34%
Jan
10%
Feb
16% May
37
15
24
Jan
13
Dec
48
May
15% Feb
24
Oct
16% Jun
17
20
18
Mar 30
74
Jan 28
65%
Deo
89% Oct
53% Jun
13
13%
Dec
xl9% May
10% Jun
2
July
22y4 Jun
13
6% May
3% Feb
9
18%
Feb
3%
Dec
'Bid
x
35
and
asked
Ex-dividend,
y
prices;
Ex-rights.
no
sales
14% Jan
6
Zenith
32
Jan
7
4% Jan 15
on
this
day.
Zonite
recclvevshiD
fin
,
or
petition
:
12%
xl2
12 %
"
x87%
883/4
*87%
10%
10%
10%
19%
14%
*23%
*18
Stocks
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
Int'l
Railroad
of andMitcel.
Shares
Bonds
Foreign
Bank
Bonds
Bonds
14%
14%
14%
14%
14%
14%
143/4
23%
*23%
233/4
23%
23%
23%
23%
500
12 %
12 Ve
12 VB
12 V«
1,100
12%
11%
12
12%
12 %
17%
*17%
17%
17
17
*17
17%
*17
17%
100
12%
12%
12%
12%
12%
12%
*12%
12%
*12
123/a
1,100
12
STOCK 3E
EXCHANC)
CLOSED
*33/4
*33/4
4
Total
19%
19%
19%
80%
80 Va
16%
16%
19%
80%
80 %
17%
17
17%
19%
18%
18%
116
114%
115
*113
115
113
113
*115
1153/4
115%
115%
*115
115%
115
1153/B
*107%
109
108 %
109
113
113
■
112
112
107%
*106
*106
*102%
107%
103%
1083/4
1083/4
1123/4
1123/4
*105
107
103 %
103%
*102%
103%
13%
13%
13%
13%
14%
14%
36
353/4
36
36
36
105
*104%
105
X36
6
6%
33%
9
93/4
22%
333/4
20%
56%
6Va
333/4
93/4
333/4
10
9%
21%
22
20
20%
54%
54%
of
„
International
13
133/4
13%
13%
13%
133/4
6,900
23
24
24
24%
23%
25 Va
10,900
21%
21%
21%
21%
22%
22%
22%
21%
22%
91%
91%
91%
90 3/4
90%
91
92V4
*91%
91%
993/a
*98 3/4
99%
99
99
99%
99%
*98%
99%
22%
*22
22%
22
107
77
*21%
*102
29%
31%
76 V*
*75
22
107
*21%
22%
*21%
31%
24 Ve
24 Va
24 VB
13
12%
123/4
25
*23%
12%
13%
24%
13%
12%
5,800
130
200
3,300
13
183/4
193/4
19 Va
19%
20%
19%
201/4
*19%
20
55%
*55 Va
55%
*55 VB
55%
*55%
55%
*55%
55%
29%
29%
*29
30
29%
29%
*29
30
*29
29%
7%
73/4
IS
73/4
7%
8
7%
8%
'
200
2,200
9
8%
83/b
3,200
-
<
"
12,200
4%
41/2
41/4
41/2
4%
4%
4%
4%
4%
4%
44 Va
*431/2
441/2
43%
441/2
*431/2
44%
44%
44%
500
44 i/b
STOCK
EXCHANGE
CLOSED
9%
91/4
91/4
9%
9,300
91/2
8%
91/4
74
72 %
72%
*70
72
10.
10
10
IO1/4
*10%
10%
*10%
171/4
171/2
17%
18
17%
18%
17%
18
134
*129J/4
*1291/4
134
9
9%
74
*711/4
10
10
17»/4
17%
*711/4
9%
134
*1291/4
134
300
71
71
600
10%
11,700
134
*1291/4
23
22%
22'/a
22%
22%
22%
22%
*22%
22%
1.000
221/2
457/e
46%
45%
46'/a
46 %
461%
46%
46%
46V2
46%
8,200
12%
3,000
*1291/4
12
121/2
11%
121/4
12%
12%
12%
121/4
641/4
63%
631/2
62%
62%
*62
62%
61
64
' 65%
*631/2
651/2
*63%
65
*64%
651%
64%
*63 %
12%
70
70
»/4; 701/4
71
70
70
70
70%
70
701/4
69/2
6rf%
X69y4
8/8
filed
72
70%
United States
81/4
81/4
8%
8%
8%
*8%
19%
19%
19%
19%
19%
19%
8
31
8ye
81/a
31
31
*16%
70
69%
9%
100
140
70
69 %
'
180
62
'64%
691/4
1,000
1,100
9
8%
19%
3,100
81/4
8 %
8%
1,900
*30
31%
*29%
311/a
21%
31%
17
*16%
17
16%
16%
800
17
17 1/8
56'/a
10,900
Bi/4
31
19%
19%
19%
8
8%
x8 Ve
300
17
53%
54%
54%
56%
56i/e
56%
H%
111/4
11%
900
111/8
11%
lli/4
11%
111/4
11%
Hi/4
24
4,700
3%
23
3%
24
3%
221/4
3%
23%
23%
24%
23
23%
221/4
company's
55%
56
53%
for
17
reorganization,
a
Deferred delivery,
3%
4
3%
r Cash
*3%
3%
2,500
4
wd When distributed.
sale, s Special sales,
Transactions at the New York Curb
Exchange
Stockt
Total
Government
Bond
Bonds
of
Shares)
Value)
Bonds (Par
(Number
Sales
$4,132,000
$10,000
$10,000
1948
3,179,000
$15,513,500
Saturday
Monday
Tuesday
Wednesday
Thursday
-
Domestic
f
Foreign
«.
Foreign
1 i
Corporate)
Government
Total
$193,000
$27,000
247,155
127,000
65,000
192,000
189,870
156,000
38,000
20,000
_1——'
' 194,000
3,000: 118,000
162,190
153,000
25,009
1,058,084
Total
95,000
123,159
$724,000
* $175,000
Week Ended June
157,665,112
$4,000
$307 500
$430,500
55,000
753,COO
3,192,000
1949
Domestic
Foreign
government-
45,734,580
508,816,100
Foreign
corporate.
.$2s;i93,Qdf>;.; 4&U£13,55Q., ;«5SBK3,J80
rTotal
1,562,000.
2§;5^2j00O-
46.667,350
833,783,^0'
,
180,000
Jan. 1 to June 17
17
1948
1949
;
1048
1,058,084
2,566,225
26,623,626
39,383,691
$724,000
Stocks—No. of shares.
$969,000
273,000
$17,172,000
5,136,000
$27,633,000
175,000
9,000
39,000
,996,000,
,1,^12,000
998,000
$1,281,000
$23,>04,000
Bonds
.—••
2,000
$9,000 ][, $90f,000
-
'
1948
106,377,929
',$224,000
$4,000
335,710
Jan. 1 to June 17 ;
1949
7;726,852
-
753/4
*23%
Daily, Weekly and Yearly
'•
Week Ended June 17
600'
300
Closed
$1,584,500
lS.OlO.ODO1*
250
31%
*74%
24%
*55 Va
$10,000
Industrial——01"
Total
31%
75%
13
76%
32
75%
32%
75
27,200
■
107
*102
*23%
30%
76%
12%
107
*102
107
*102
31%
24 Ve
2,616,000
.
100
13 Vs
223/4
29 3A
209,000
,
1,100
56
13
*21%
2,407,000
1,584,500
400
20%
21%
=102
2,573.500
Foreign
*53%
23%
993/8
366,500
_
20%
56
13%
Bonds
Bank
600
5,700
91%
2,207,000
shares
4,200
6
10
23
20
*54%
.
33%
♦21
22%
20
203/4
56%
.
*9%
22%
22%
20
*53/4
*33%
10
700
1,600
105
♦104%
6 Vb
34
9%
36%
34%
6
6%
5%
34
14%
36%
*14
105
300
103%
203/4
3,013,000
$1^,919,000
290
107
36%
*104%
21%
*52%
112
103%
14%
14%
*36
105
*104%
40
*107%
103 V*
103%
♦104%
.
109
112
.
112
xll2
-
,
107%
*106
80
110
115%
115
*105
J 09
*107%
,
110
3,500
13,700
113
*112
*114%
3,500
19
18%
19 VB
18%
183/4
18%
„
21%
346,000
4,634,26')
V. 8. Government
Railroad b
19%
80%
17
13
4,634,260
<*-
20 Va
80 3/8
17
163/4
20
$291,000
372,000
1949
„
19%
80%
*80%
17 %
600
4
4
4
*33/4
20
19%
80 %
17
18 %
.
4
4
80%
*52%
2,067,000
A
_
4
xl9%
*213/8
$3,841,000
2,797,000
341,360
100
3,800
14
9%
944.570
;
840
193/4
*18 3/4
20
21,600
11
*17%
6
1,122,830
680.540
88%
10%
23%
Week Ended June 17,1949
1.344,950
1,700
12%
*88
10%
14%
Closed
_
-12%
88%
*19%
20
*19
12%
10%
-
:
3,000
-
24
Friday
Stocks—No.
19
12
7%
■
88
103/4
-
IV*
l
3,800
22 Vs
21%
'•
7%
100
102
102
22%
—.
200
1,100
12%
88%
10%
*26 VB
102
22
7%
12 %
88%
Daily, Weekly and Yearly
Number
...
.
7%
7%
19%
.
Transactions at the New York Stock Exchange
Week Ended June 17,1949
7%
*101%
-
•
223,fc
22
10%
No par
100
been
7%
.
12%
Nopar
1
has
73/„
7
,22
26%
—
13%
26%
*123/4
13 %
26 Ve
f
102
*101%
102
213/4
22
*12%
13%
26
88%
•
conv
Radio Corp
Products Corp
102
103
21%
b Towne Mfg Co
York Corp common
1
41/2% conv preferred
_
50
Young (L A) Spring & Wire_No Par
Youngstown Sheet & Tube
No par
Youngstown Steel Door
No par
7
301/2 May 13
12% Jan
39% Jan
26
Yale
20
Jun
8
*13
253/4
series—„100
Wright Aeronautical
No par
Wrlgley (Wm| Jr (Del)
Nopar
Wyandotte Worsted Co
k
Prior pfd 41/2%
7
19% Jun
*45
13%
253/4
*
Machinery common
Prior pfd 4V2% series
79
8Vb Feb 25
Jun
47%
*123/4
26
*102
Worthlngton Pump &
V
Feb
*45
13
33%
Willys-Overland Motors com
1
$4.50 canv pfd series A—Nopar
Wilson & Co Inc common
No par
$4.25 preferred
No par
Wilson-Jones Co
10
Wisconsin Elec Power Co com—10
6% preferred
100
Woodwaid Iron Co
10
Woolworth (F Wi Co
10
8
7
4% Jun
43»/2 Jun
12
6% Mar
47%
13
'-.253/4
*45
;
Western Air Lines Inc
1
Western Auto Supply Co
10
Western Maryland Ry com
100
4% non-cum 2nd pfd
100
Western Pacific RR com
No par
Preferred series A
100
Western UniOn Teleg class A_No par
Westlnghouse Air Brake
No par
Westlnghouse Electric com
12%
3%% pfd series A
100
3.80% pfd series B
100
Weston Elec Instrument
12.B0
Wheeling & Lake Erie Ry
100
Wheeling Steel Corp com
No par
$5 conv prior pref
No par
White Dental Mfg (The SS)
20
White Motor Co
1
White Sewing Machine com
1
$4 conv preference
No par
Prior preference
20
Wilcox Oil Co
B
Apr 11
Mar 12
Jan 20
Apr 8
30
Jan 24
68% Jan 26
17
Mar 30 *
34% Jan
7
27
Jan
7
97% Jan 28
101% Jan 26
26% Jan 11
107
Jun
6
48% Jan 27
89 y* Jan 12
27Va Apr 26
16% Mar 30
25% Apr 11
551/a Jun
6
30% Apr 20
11 Ve Jan 12
24
7% Mar
8
8
21
7
21
3
7%
41%
12%
29%
32 Va May 23
34% Deo
Wabash RR 4%% preferred
100
Waldorf System
No par
Walgreen Co common
No par i
4% preferred
100
Walker (Hiram) G & W
No par
Walworth Co
No par
Ward Baking Co common
1
5%% preferred
>100
Warner Bros Pictures
5
Warren Foundry & Pipe
No par
Warren Petroleum Corp
3
Washington Gas Light Co—No par
Waukesha Motor Co
5
Wayne Knitting Mills
5
Wayne Pump Co
1
Webster Tobacco Inc
5
Wesson Oil & Snowdrift com—2.50
$4 conv preferred
No par
West Indies Sugar Corp
1
West Penn Elec Co com
No par
Class A
No par
1% preferred
100
6% preferred
100,
West Penn Power 4%% pfd—,-100
4.20% preferred series B
100
4.10% preferred series C
100
West Virginia Coal & Coke
5
West Va Pulp & Paper com—No par
4%% preferred
-100
H
;
5,007,000
—
$33,752,000
Number 4813
169
Volume
THE
COMMERCIAL
Bond Record
italic
letters
In
the
column
FINANCIAL
headed
WEEKLY
•
"Interest
Period"
Range for Previous
Lowest
Highest
101.11 May
105.1
Sep
Sep
108.28 May
108.13 Jan
101.11 May
9
~26
108.13
110.23 Mar 11
101.18
Dec
9
102.23 Sep
102.31 Jan
102.23 Sep
104.9
101.7
101.19
Sep
101.11
102.31 Jan
104.9
3
3
Jan
102.1
Jun
101.19
Jun
100.24 Mar
100.25
Jan
100.23
Jan
100.26
Apr
100.23
Sep
100.24
Sep
101.12 Feb
9
101.12 Feb
9
100.16
Sep
101.12
Jun
101.7
7
101.7
7
100.7
Oct
100.27
Mar 11
Feb
100.18 Jan
102.1
Mar 11
Feb
6
101.2
101.1
a
bonds
mature.
point.
Saturday
Monday
June 11
STOCK
June 13
Low
Low
High
Tuesday
Wednesday
June 14
Low
High
Thursday
June 15
Low
High
Sales for
Friday
June 16
Low
High
June 17
High
Low
the Week
High
Bonds ($)
3%8
1949-1952
*101.5
101.7
*101.4
101.6
*101.3
101.5
1951-1955
*104.14
104.16
*104.13
104.15
*104.13
104.15
*104.13
2%g
104.15
♦104.13
1955-1960
104.15
*109
109.3
*109
109.3
*109.1
109.4
*109.2
2 Vis
109.5
*109
—1951-1954
109.3
Feb~21
101.6
*101.4
*101.3
101.5
*103.14
103.16
*103.13
103.15
*103.13
103.15
*103.13
2%*
103.15
*103.13
1956-1959
103.15
*110.4
110.7
*110.6
110.9
*110.7
110.10
*110.8
2%S
110.11
*110.7
1958-1963
110.10
*110.25
110.28
♦110.28
110.31
*110.29
111
*110.31
111.2
2%S
*110.30
111.1
1960-1965
*111.25
111.28
*111,29
112
*111.30
112.1
*112
2%S
112.3
*111.31
1949-1953
*100.27
100.29
*100.26
100.20
*100.26- 100.28
*100.25
100.27
♦
112.2
100.25
jL00.27-
1950-1952
*101.30
102
*101.29
101.31
*101.29
101.31
*101.29
101.31
*101.28
101.30
,1952-1954
*102.30
103
*102.30
103
*102.31
103.1
*102.30
103-
*102.30
103
-1956-1958
*105.6
105.8
*105.9
105.10
*105.10
105.12
*105.10
105.12
*105.9,
1962-1967
*102.25
102.27
*102.26
102.28
*102.27
102.29
*102.27
102.29
*102.27
10o.ll
102.29
1963-1968
*102.5
102.7
*102.6
102.8
*102.7
102.9
*102.7
102.7
*102.6
—Jun 1964-1969
*101.22
101.24
*101.23
101.25
*101.23
101.25
*101.23
101.25
*101.23
101.25
—Dec 1964-1969
♦101.17
101.19
*101.18
101.20
*101.18
101.20
*101.18
101.20
♦101.17
101.19
*101.15
101.17
*101.16
101.18
*101.15
101.17
♦101.15
101.17
*101.14
101.16
*101.13
101.15
*101.14
101.16
*101.14
101.16
*101 14
101.16
*101.13
101.15
100.27
2 Mi8
Treasury
Treasury
Treasury
Mar 22
100.28 Jun ~14
May
of
38
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
14
Feb
the month when the
case
32d
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
Treasury
110.23 Mar 11
14
Feb
eacn
more
or
Exchange
Treasury
Jan"26
Feb
102.22
BONDS
YORK
EXCHANGE
105.28 Mar
107.4
NEW
Highest
in
one
(2661)
LOW AND HIGH SALE PRICES
GOVERNMENT
Range Since Jan. 1
Year 1948
.
YEARLY
•
Indicate
Figures after decimal point represent
Lowest
CHRONICLE
New York Stock
«»
FRIDAY
The
&
1965-1970
2%S
1966-1971
2%S
STOCK
•
102.8
100.23
101.14
Oct
Jun
Sep
102.13 July
102.30 Feb
9
102.30 Feb
9
100
Mar
100.4
May
100.13 Jan
20
100.19 Feb
7
100
Mar
100.2
Feb
100.17 Feb
9
100.21
Oct
Jun
14
9
100.21 Feb
*100.26
100.28
*100.26
100.28
*100.26
100.28
*100 26
100.28
*101.25
CLOSED
*103.17
103.19
*103.21
103.23
*103.24
103.26
*103 24
103.26
*103.23
2*48
Dec 1967-1972
*100.26
100.28
100.28
*100.26
100.28
*100 26
100.28
*100.25
100.27
2*48
1951-1953
*103.2
103.4
*103.1
103.3
*103.1
103.3
*103 .1
103.3
♦103.1
103.3
2*48
1952-1955
*102.14
102.16
*102.14
102.16
*102.14
102.16
*102 14
102.16
*102.14
102.16
2*48
1954-1956
*105.13
105.16
*105.13
105.16
*105.13
105.16
*105 13
105.16
*105.13
105.16
1956-1959
*103.25
103.28
*103.29
103.31
*104
104.2
*104
104.2
*103.31
104.1
*101.1
101.3
*101.2
101.4
*101.3
101.5
*101.3
101.5
*101.2
101.4
*101
101.2
101.3
101.3
*101.1
101.3
*101.1
101.3
♦101.1
101.2
100.7
*100.6
100~7
*100.6
100.7
*100.5
100.6
9
Dec 1959-1962
Jun
Dec
101.26 May
100.31
Sep
101.18 July
101.19 July
100.30
100.7
Sep
Oct-
100.16
101.8
Jan
26
101.18 Feb
9
101.8
Jan
101.18 Feb
~9
Apr
International
98.30 May
98.24 Jan
10
100.1
Jun
99.30 May
99.11 Jan
5
101.1
May 25
Jan
♦Bid and
asked price.
8
No sales transacted this day.
100.17
*100.15
100.16
*100.15
100.16
*100.15
100.16
*100.15
100.16
*100.19
100.20
*100.19
100.20
*100.19
100.20
*100.19
100.20
*100.18
100.19
*100.30
100.31
*100.30
100.31
*100.30
100.31
*100.30
100.31
*100.29 .100.30
1951-1953
*101.14
101.15
*101.14
101.15
*101.15
101.16
*101.14
101.15
*101.14
101.15
.1951-1955
*101.17
101.19
*101.17
101.19
*101.18
101.20
*101.18
101.20
*101.18
101.20
.—Jun 1952-1954
*101.24
101.25
*101.24
101.25
*101.25
101.26
*101.25
101.26
*101.25
101.26
Dec 1952-1954
*101.20
101.31
*101.30
101.31
*101.31
102
*101.31
102
*101.31
1953-1955
*103.21
103.24
*103.21
103.24
*103.21
103.24
*103.21
103.24
*103.20
103.23
1950
*100.12
100.13
*100.12
100.13
*100.12
100.13
*100.12
1C0.13
*100.11
100.12
1957
«10Q
100.4
*100.4
100.6
*100.5
100.9
*100.6
100.10
*100.7
100.11
1972
♦101
101.4
*101.4
101.8
*101.4
101.8
*101.6
101.10
*101.7
101.11
Bank
New York Stock
Period
Exchange
Sale Price
or
Development
called
June
15
Bid & Asked
.
Low
par,
FOR
2%
WEEK
due September 1949-51 called Sept.
ENDED
JUNE
15 at par. a Odd lot transaction,
No.
BONDS
Jan. 1
Low
.
-
•'
Exchange
Last
Period
.
Sale Price
•
•
.1980
J-D
105
104 & 105 &
s,
40
104
Low
%
J-D
3%s Series No.
107 Mi
J-D
3%s Series No. 16
!
65
*59
58
65%
*59 *
56
65%
65%
*63
J-D
*59
63
Mi
J-D
3 Vis Series No. 25
3%s. Series No. 26
*64
67%
55%
65
J-D
—
*59
64%
55%
65
*64
69%
60
!
1
57
66
64%
1
56%
65
60Vi
65
64%
65
64%
120
J-D
*59
65
J-D
*59
65
J-D
*64
J-D
*59
>3Vis Series No. 30
New York Stock Exchange
Teletype
Broadway, New York
NY
Brisbane
(City)
s
-
f 5s
1958
Canada
Foreign Govt. & Municipal
Agricultural Mtge Bank
,
lAChile
(Colombia)—
JAGtd sink fund 6s
1947
F-A
AGtd
1948
A-O
sink
fund
6s
Akershus
(King of Norway) 4s
SAAntioquia (Dept) coll 7s A
5 AExternal
1968
M-S
1945
7s series B
f
s
*61
of)
62
62
93%
AExtl
37%
41%
A 6s
10
37%
4L%
17
40
40
,
J-J
s
f
7s series C
1945
J-J
40
40
f 7s series D
5
41
1945
37%
s
J-J
A 6s
39%
40
2
37
41
A-O
AExtl
40
40
5
37%
41
A 6s
39 Vi
40%
11
37%
40%
39 Vi
40 %
21
37%
41%
103 % 103%
5
95,
99%
103%
s
A External
sec
AExternal
Antwerp
f
s
sec
(City)
1st series
7s
f
7s
2d
1957
series__1957
f 7s 3rd series__1957
s
external
5s
1958
Australia
(Commonw'lth) 5s of '25-1955
10-year 3Vis
1956
10-year 3Vis
1957
40 Vi
J-J
102 %
102
164
94%
53
90
97%
J-D
93 Vi
94
21
89
95%
1967
J-D
99%
91%
19
1966
J-D
93
93
1962
F-A
90%
92%
6 Vis
—1949
s
f
6s
1955
External
s
f
7s
_1955
(U S
A-O
J-D
102%
External
lABrazil
40 J/4
94%
—
20-year 3Vis
20-year 3 Vis
15-year 3 Vis
Belgium external
A-O
of)
external
8s
1941.,
F-A
94%
85%
93%
84%
93%
100%
102%
17
102%
112
27
115
119%
29
*100% 101%
J-J
107
107
J-D
118
117% 118 Vi
107 Vi
-
60%
Stamped pursuant to Plan A
71%
(Int reduced to 3.5%)
s
f
6 Vis of
1978
1926
1957
A-O
51%
*
A-O
52
7
69
45%
62
—
54
—
Mortgage
sink fund 6s
72
36%
A-O
27%
„
37
28%
36%
36%
79
34'A
37%
27%
26
29%
27%
19
34
37%
27%
27%
13
26%
29
36%
36 %
1
35%
37%
*36
F-A
F-A
'■
Munic
J-J
J-J
*27%
26
Sep 1961
Sep 1961
1962
M-S
M-S
A-O
*36
35%
37
25%
29
A-O
27%
27%
1963
M-N
36
36
-1963
M-N
J-D
27%
"I
27%
35 %
36%
5
26%
29
2
35%
*36
36%
40
*36
29
29%
37%
26
-
11
61
26%
29
36
27%
27%
25
35%
27%
26%
27%
29%
37
1957
J-D
J-D
27 %
2
J-D
J-D
27%
27%
1
26
1961
A-O
36
36
2
34
37%
A-O
M-N
27%
27%
2
26%
29
35%
36%
1962
1962
assented
Cons
A-O
30
1961
-I960
7s
—•—1960
assented
AChlnese
1960
26 %
*36
*27%
1960
54%
35%
M-N
M-N
1961
assented
AGuaranteed
J-J
1942
1961
AGuaranteed sink fund 6s
AChllean
54 %
1957
6%8
Bank
6 Vis
fund
A6%s assented
A 6s
104%
2
1993
bonds 2-3s
A6%8 assented
A7s
51 Vi
$
A Sinking
A6s
J-D
•
AExternal
AChile
92%
85
1
sinking fund 6s
assented
f
s
30
54 Vi
1962
assented
A 6s
104%
107%
106% 106%
54%
101%
102%
-
Jan 1961
f 6s
A 88 assented
-
40
Jan 1961
s
AExternal sinking fund 6s
Extl
102 Vi
101%
102%
A-O
Feb 1961
sinking fund 6s
AExternal
99%
101
J-J
Feb 1961
assented
-
•92%
M-S
103 %
fund 6s
sinking
assented
ARy external
5 A External
68%
2
1
102
"101
63%
102 %
1954
81
40%
100%
100
%
65
60%
65
100% 100%
100
J-D
1942
1
93
39 Vi
5 AExternal
AExternal
8s
External s f 7s
assented
8
62
93
93
*
1960
4s
AExternal sinking fund 6s
A6s assented
62
J-J
1945
(City)
(Rep)
5 A 7s
59
58
1961
(Dominion
25-year 3Vis
A Carlsbad
M-S
F-A
1950
1957
Sinking fund gold 5s__
Sinking fund gold 6s
1-1693
70
65
J-D
J-D
3%s Series No. 29-..
Members
65
65
J-D
3%s Series No. 23—
3%s Series No. 24
3 Vis Series No. 28
2-2300
1
65
63
67
63
3%s Series No. 27
Telephone
58%
60
70
J-D
J-D
3%s Series No. 22
REctor
65
60
3%s Series No. 21
Wertheim & Co.
High
*63%
3Vis 8eries No. 20
t
59%
65
J-D
"3%s Series No. 19
Foreign Securities
Jan. 1
Low
No.
High
*63%
>!
Range Since
Sold
J-D
17__
3%s Series No. 18
;
Bonds
Bid Si Asked
-3
3%s Series No. 15
Corporate Stock
Registered bond transaction.
Week's Range
or Friday's
Interest
New York Stock
t-
High
r
17
Range Since
Sold
High
New York City
Transit Unification Issue—
3%
at
Friday
Bonds
Friday's
102
for
Week's Range
Last
5,000
_Sep 1950-1952
due June 1949-51
.
Interest
5,000
*100
*100.6
*100.16
RANGE
Friday
BONDS
*100
100.8
10-year 2*48
25-year 3s
t2%
*100
*100.7
103.25
Dec 1949-1951
Reconstruction dc
94.10 Jan
94.14
i00.28
Mar 1950-1952
Treasury
Treasury 2s—
Treasury 2$
Treasury 2s
Treasury 28
Treasury 2s—
Treasury 1*48-
26
1949-1951
Sep 1949-1951
28.
101.7
-
—Jun 1959-1962
_
101.13 Mar
Sep
EXCHANGE
Sep 1967-1972
Treasury 2*4«Treasury 2*48.
Treasury
2*48
tTreasury 2s
^Treasury 23
Treasury
2s
Treasury 2s
100.21 Oct
100.21 Feb
100.31
101.3
Jun 1967-1972
Treasury
102.26 May
100.7
2%S
Treasury
Treasury
Treasury
102.26 May
(Hukuang Ry)
5s
1951
M-N
M-S
M-S
J-D
27 %
*36
*36
27 Vi
27%
*36
26%
27%
27%
6%
6%
29
5%
1
37%
26%
__
29
35%
9
27 Vi
*
3
'
6%
29
7%
Stamped pursuant to Plan A
(Int reduced to 3.375%)
s f 6 Vis of 1927
1979
J-D
1957
AExternal
A-O
48
43%
*
6.9
46
(Int reduced to 3.375%)
1979
A-O
—1952
J-D
"A7%
47%
'
; A7s (Central Ry)
(
•
;*
(Int reduced to 3.5%)_
1978
j 0% funding bonds of 1931 due
43
For Financial Institutions
54%
61
v
71
1979
J-D
*51
:46%
53%
'
•
External $ bonds of 1944
(Plan
B)
-3Vi» Series No. 1——
A-O
42%
52%
FIRM TRADING MARKETS
1
63
71'
57%
69
•
J-D
3%8 Series No. 3
—a
c43
67
67
—
J-D
3Vis Series No. 2
46
46
-
*
J-D
68
65
65%
5
65%
65%
10
3 Vis Series No. 4
J-D
3 Vis Series No. 5
J-D
*59
J-D
«
3Vis Series No. 7
.„
'3;
FOREIGN SECURITIES
6
....
•-
1951
Stamped pursuant to Plan A
(Int reduced to 3.375% )
..
,11
71%
Stamped pursuant to Plan A
1
i
49
55
60%
5
-T
..
Stamped pursuant to Plan A
59
80
69
58 %
.
r.ARL MARYS & r.O- INC.
69
57%
69%
.
69
FOREIGN SECURITIES SPECIALISTS
73
73
-
3 Vis Series No. 8
J-D
J-D
*_
3Vis Series No. 10
J-D
1—
3Vis Series No. 11
J-D
72%
*59
J-D
—~
J-D
*64%
3V<s Series No. 14!
J-D
*59
-
fw.
*
*64
3Vis Series No. 13
64%
'
For footnotes see
page.33.
62%
73
58%
„
73
72
3 Vis Series No. 12__.
*
i
«
3Vis Series No. 9
73
60%
73
56%•
65
58
59
__
'
65%
„
55%
65
,
65
66
50
•-i
-(ee"
Tele
Broad St.,
HAnover 2-0030
New York 4, N. Y.
;
.J<;
,
"Teletype NY J.-971»
:•
29
I
30
FOR
RANGE
Friday
I^,ter«e*,t
New York Stock Exchange
Period
or
Sale Price
A6s of
San Paulo (State)
73%
1970
A-O
40
35%
44
1947
A-O
*41
42%
47%
1946
M-N
*41
41%
47
F-A
*41
41 %
47
oo "/a
81
63%
79~
12%'
15%
,„__1947
1952
5V/1U
*
MW—-
J-D'
1953
——
ACosta Rica
1977
20-year
External
extl
3Vis extl
3s
extl
f
s
13%
8
14
108%
108
A-O
F-A
*52
lo4
90
1x3
va
(Int
——Jan 1, 1976
(Int
extl
58 %
*
52
30
81%
28
74%'
81
29
64%'
ft A
*65
75
'
75
,—Jan 1, 1976
7s__.
1967
J-J
*41
49%
46
'
10
'
——1949
.
*9%
MS
*102%
*8
M-N
1968
F-A
1960
A-O
Irish Free
Italian
State
—
extl
(Republic)
f
s
extl
5s_,
,1960
f l-3s
s
M-N
100%
Italian
Public
Utility—■
Ciedit Institute
A External
7s
Altaly
1%
59
—
55
68 %
60
30
59%
J-D
1957
1946
J-J
A
fund
M-N
fund
6s__
M-N
24
5%
1979
*7%
6
9 %
*92
M-N
conversion...
1979
M-N
90%
93
1978
82 Vi
.
130'%
81
861%
4
82
82
87
79
3%s
J-J
readjustment..
1984
—1958
.
external 7s
assented
F-A
*9%
F-A
1958
.
7'A
14
89%
81
6
*75
—
88
81%
70
*87%
(City)
11
93
56
831
82
83
F-A
extl
151%
130
O-Lt
A4Vis
11 %
*121
:
14
bond of 1937,—
readjustment.
A Warsaw
11
5%
11
*130
1964
6s
sink
44
9
*12.,
1960
sink
9
8'A
*11
1958
8s
exu
1
100% 101%
12%
'
65
5%
6
33 V*
33
33%
29
is
30
29%
30%
76
,-1947
MS'.
16%'
20
■'
*31
7s
J-J
1952
J-J
1951
7s
30
29%
J-D
■
50%
51
•~7 }
■,,
A-O
*8 Vi
11
1954
J-D
39%
39%
V
'
A-O
101% 101 Vi
100
2
A4
%s
1922
14
5%
7 Vi
(1942
ASmall
9%
of
M-N
agree),,1968
60
due
Large
J-J
*4%
*__
'
1922
Large
4%
5
ass'td
(1942 agree)—1953
...
ASmall
(assented
1922
J-J
(1942 agree)—1963
11
4%-
8%
—1933
6%
8%
7
6%
8
1952
f 6 Vis
f
s
Ref
J-J
9%
J-J
*9
A-O
46%
1958
MS *
9%
45 Vi
*31
reduced
Netherlands
Norway
10%
9%
10%
9%
46%
sink
3Vis
to
s
fund
M-S
26%
M-S
*31%
M-S
26%
26%
1957
3%.
M-N
94%
94%
1965
25%
mod
MS
A-O
38
3
25%
3 Vis
7
93
98
6
97
34
88
83 %
95%
96%
19
80%
92%
34s
80
1970
*1955
J-D
A-O
96%
93%
96%
2
83
1963
93
93%
5
81%
*25%
2.125%)
f 6s
M-S
1960
J-D
1961
A-O
,1940
A-O
iU<~>
102%
'
;
35
25%
to
to
3
17%
A-O
124%
19
19%
32
171/4
21 '/a
19
19%
M-N
115%
114% 115%
102%
52
171/4
211/a
8
to
to
*15
*9
11
5%
13
37
J-J
'
99%
*100'% 100 Va
103%
57 V2
441/2
101 Vi
80
*11
14
9%
J
due Dec 1 1995
.
income—-,__,_,Feb 12010
conv
series
4s
J-J
9
9
6'/a
J-D
60
May
40%
1980
.
391/2
J-D
*38
—
J-J
*30
■
39
2%s
mtge
mtge
1964
I.:—______1970
1976
—1979
ser
5s
AC
series
1967
J-J
A-O
A-O
28
28
2
28
F-A
*26
3
40
26%
27%
Bush
29%
85%
27
Co 7s_
A-O
*39%
■
__
29 y8
45
J-J
29
Calif
J-D
*36
37
35
2
—
lst
J-J
u
5s
gtd
1960
3s
1974-
National
L.1957
4%s-.—
gold
»'
241%
28%
—
—
gold
5s
5s
1970
Guaranteed
gold
4%s
gold
gold
4%S__;__
4%s
Guaranteed
Carolina
101%
96%
1
.
97%
90 'A
98%
1001/4
50%
53
27
*102
93%
J-J
50%
100%
1
931%
91 Ya
61 %
102
*105%
A-O
—.
105
•
,
99
99%
*100% lOl'/a
103'/a
_4
103 y8 103 Va
95%
102
16
98
95%
1051/2
100%
403%
104%
114 Va
114
II4V2
19
113%
115%
105% 105%
4
105%
107%
106'/a
106% 106 Va
3
106 Vi
108%
1121/4
113%
112
113%
105% 105 Vi
11
1051/4
105%
96 Va
70
93%
101 'A
1965
107% 107V2
5
107Vi
108*4
1981
,_i.—1965
57%
____1951
Clinchfield
& Ohio
4s
& Adirondack Ry-,1st mtge gtd 4s
A
33%
47
I
55%
-
102
5
10
25
Pacific-Ry—
• conv deb stock (perpetual)
Corp 3s debs—
Corp 3'%s
3y4s debs
*60
35 %
1031% 104 Va
100%
—
96%
1001/4 100'A
105%
95'%
95%
§ A Cent Branch U P 1st gold 4s—..1948
1950
59 V4
351/2
■
101% 101%
96%
83%
451/8
■
112%
Central
1999
12
*101%
96%
87
101 '/a
76
14
46 Va
113
54
-
76
113
44
*58% L-
99
iOl
''•
—
112
46
1999
83
CO
1956
34%
43%
99%
101%
6
Canadian
A
43%
97%
101
90
.-_-195o
Celotex
*60
121%
97%
5
*103% 104'/a
___Oct 1969
gold
Celanese
J-J
95
94% -'66%
104 Va
32
93'/2
76
gtd 5s A___1962
Ry—.
53
M-N
981/2
*31
1976
1st
55 %
2012
95
100
102%
101%
45 '/a
76
cons
53
—1936
CO 0
*83%
A-O
25%
A
4
*1011/a
M-N
_ly55
47
*40
10
98
F-A
1952
.
45%
M-N
81%
120
13
95%
98 Va
A-O
1957
4s
Carthage
M-N
'
Ry—
A-O
(Int reduced to 2.375%).—2001
A6Vis extl secured s f
1957
80
81
120%
*101
M-N
Guaranteed
4%
M-N
io
98 %
M-S
J-J
Guaranteed
38
23
31
M-N
1975
Oregon Power 3%s___—•
Guaranteed
341/4
28
73 / ;'
95%
M-S
Guaranteed
33%
*32
66
104'/a 104 v8
J-J
1969
5s
Bush Terminal Bldgs
46
*31%
M-N
12
38 '/a
A-O
J-D
64
68
32
24%
60'%
120
A-O
M-N
1976
4%3
modified
Terminal
California Elec Power
—
V
20
40
33%
28
*36%
1952
77%
100
A-O
31
40
*35
F-A
1966
Stamped pursuant to Plan A
(Tntr reduced to 2.5%)—.
52%
—
80
80,
F-A
.——.1954
(Ernesto)
Consolidated
2012
A8s external
73"
61
*,_
J-J
M-N
A——July 1970
Buffalo Rochester & Pgh
A
2.5%—
59 1/8
39%
'
414
41
65
M-N
.
Stamped
38
1968
2%)
62%
65
601/4
F-A
40
271%
__
f debentures
29%
8s
63
49%
49%
*
A-O
Telephone of Pa 5s series C—1960
s
ci
J-J
3%s—^1951
1st
27%
Stamped pursuant to Plan
49 '/a
-
63
60 V'4
'
*77
J-J
1951
,—1951
Extension
32
Stamped pursuant to Plan
118
*
*28%
Stamped pursuant to Plan
95'/2
1
D___,1985
ser
1
ref 4s._
stamped
J-J
Bklyn Union Gas 4s debentures
Gen'mtge 2%s_—_—
Buffalo Niagara El 1st mtge 2%s
15
A
8s
88
83%
591/8
.
M-N
Bristol-Myers Co 3s Debs...—
1968
Bklyn Union El 1st gold 5s
—,,,1950
141/4
1999
2.25%)
80
31
division
M 4s
ref
&
Creek
Canadian
1926
92
85
/
A
Alnc mtge 4%s ser
14
~i
lien
ABieda
19
6%
15
2012
gold
81
83%
80'/a
A-O
mtge 5s series II./
1955
mtge 4%s series JJ__,_
1961
1st mtge 4s series RR___—_—1960
Plan A
Plan
A-O
6%
J-D
to
40
39
29 Vi
reduced
47 Vi
39
40
30
27
(Int
18
'
15
J-J
12%
1953
2%)—
to
to
96 %
56
51'/4
lsfc
9»/2
A-O
1946
fund
(State)
101%
54%
J-J
49
105
51
30
Paulo
115%
1041/2
105 Va
98
51*
*28%
(Int reduced
109
96 %
102% 103
97%
J-J
49%
J-D
|ASan
92
126%
103%
49%
2004
(City)
13
*102% 103%
49 %
stmp pursuant to Plan A
(Int reduced to 2.25%)
2004
ARome (City of) 6Vis
1952
Paulo
122%
51
51
1st
"
'
*10%
1967
ASao
81%
124% 125
*
1921:
external loan of
reduced
104'%
84%
84%
Boston & Maine RR—
21
Plan A
Stamped pursuant to Plan
(Int
*—
—
due Dec 1 1995
Canada Southern-
Stamped pursuant
reduced
A-O
103%
102%
102
51
Cons
(State of)—
sink
103'% 104
*—
fixed
mtge 2%s ser J—
Cons mtge 3s ser K
A
2%)
to
(4%
G
Cons
30%
191/4
19
A-O
1961
(Int reduced to 2.5%)
(Int
103 %
Q-J
Bethlehem Steel Corp—
..
A7s
103V4
A-O
105%
108%
103
49
1,200
1071%
103
103'%
79'%
107
103 Va
106%
37
47
107%
J-D
Beneficial Indus Loan 2%s debs—1961
1st
19
1950
—
Stamped pursuant
external
97%
110%
M-S
Con
Bell
40
1968
_•
gold 8s_
Stamped pursuant
A6s
94
103
105% 105%-:
105%
J-D
7
331
M-S
4s
103
*9
(Int
§ A8s extl loan of
J-D
97%
J-D
Beech
94
A-O
reduced to 2.375%)
2001
7Vis 1966 stmp pursuant to Plan A
(Int reduced to 2.25%)—
2006
IA Rio de Janeiro
(City of) 8s
1946
Stamped pursuant to Plan A
(Int reduced to 2.375%)
2001
do Sul
9
1947
7s
Stamped pursuant to Plan
Grande
91 'At
1963
f
s
(City of) 8s
reduced
90%
1958
.
6 Vis
91%
M-S
1959
2d ser
assented
sec
J-D
2008
1st ser
f 6s
sink fund
A4 Vis assented
APorto Alegre
96
96
103% 103%
.due Mar 1 1996
1st
110
82
27
to
A External
(Int
89
—
assented
External
1011/4 107%
*36'
SAPoland (Rep of) gold 6s
A4Vis
M-N
M-S
external 7s
B
ser
Bangor & Aroostook RR—
95
1947
(State of) 7s
Stamped pursuant to Plan A
A4Vis
92 r
15
95%
97%
M-S
July 1975
Toledo Cincinnati
96 %
102%
5AStabllization loan
921%
103%
A-O
July 1952
4s
A
div 1st mtge 5% ser A
(3Vi% fxd & 1 % % cont int) __1980
93%
M-S
s
88'%
101 Va
M_,
Ref
96%
91%
1967
s
26
466
K__.„_i,__due Mar 1 2000
3%s
ext
reduced
103%
J-D
M-N
Pgh Lake Erie & West Va—
f
97
95%
91 %
,1994
(Rep of)
971%
97%
92 %
-
99%
F- A
JAPernambuco
(Int
94 %
19
99%
92
J-D
1963
cohtingent interest)
Series
96
96
to
ANat loan extl
ANat loan extl
.
(2%% fixed
and 3% % contingent interest) —
30
98
96%
3Vis series B
ref
96%
101 Va 101%
92%
101%
A-O
.
_____1964
cons
4Vis
Ref & gen mtge
30
37
A-O
Stamped assented 5s
APeru
26%
—
,—1957
.
&
38
,,.,,1963
fund extl loan
f external—
sec
92
92
Series
(Republic)—
Stamp
Ext
77%
94
•
S'western
4Vis—1956
4 V4S
Municipal Bank extl s f 5s
Oslo (City) sink fund
4Vis
Panama
99
80 %
96%
Series
54%
38
,,
2008
2.125%)
(Kingdom)
sink
83"i
Ry—
contingent int)__July 1975
gen mtge 5%
(2% fixed
Series
11%
26%
7
5%
and 3%
11%
8%
30
1959
6Vis
(Kingdom of)
External
Line
1%
A4%s
Stamped pursuant to Plan A
(Iht
Air
3%s____—
unified
mtge
and
<
external
..July 1 1995
4s
mtge 4s ser A
1st
i
i
(1942 agree) —1963
Stamped pursuant to Plan A
(Iht reduced to 2.125%)—2008
ASec
99%
75
B
1st
(ass'td
6'/aS
s
..1995 '
Charlotte
General
(State)—
external
77%
80 Va
98%
2
80
101%
69'-
1
5%
4%
*7
9%
Minas Geraes
4s
5 A Atlantic & Danville Ry 1st 4s_.1948
§ASecond mortgage 4s
..1948
Atlantic Refining 2%s debs
1966
.
(City of)
100'%
—
37
Baltimore <fc Ohio RR—
1913
ass'td
-
*
95%
7%
*4
J-J
ASmall
A Sec
8%
•
.
107%
Topeka & Santa Fe—
Atlanta &
U
'
77%
J-J
agreement)
New
AMilan
1966
11
9
6%
-
ASmall
9
J-D
1945
ASmall
A6s
11
*6%
agreement)—
ASmall
;
§ATreasury 6s of
1969
...
July 1995
to
1922
to
15%
10
9
agreement)-,
1954
A4s new ass'td (1942
agree)_1968
§A4s of 1910 (assented to
ass'td
1973
Atlantic Coast 1st
j'-J
—
1922
A4s New
1st
1st mortgage
,
1904
1957
debentures..
General
15%
99
56%
J-D
1982
debentures
Atchison
Q-J
69
98%
A-O
—.1987
debentures
gold 4s
'
69
80
J-J
1961
—
debentures
Stamped
agree—1945
*101'%
98%
M-S
1975
—
debentures
Ann Arbor
Q-J
V-
F-A'
,—1986
debentures
conv
3s
4%
——
New
deductions..
conv
2%s
2%s
—
r
Large
of
1945
*
to
2030
3Vis conv debs w i_,__,__._„__1959
Amer Tobacco Co deb 3s
___1962
4%
•
-
57
104*4
1041/2
—
"
•
J-D
.1980
:—
debentures
2%s
2%s
102
36'%
104%
.
*1071/2
...
Telephone & Telegraph Co—
2%s
1
ASmall
A5s
Foreign Pow deb 5s_;
debentures
A P W Products Co 5s
1899—
5 A 5s Assented
&
2%s
11%
41%
*4%'
—,—.—1968
ASmall
A 4s
M-S
gtd
COMPANIES
*104%
__
A-O
2%s
(Republic of)—
§A5s
A
A-O
4s__1998
1st
INDUSTRIAL
__
'
J-J
& Western
American
——1943
ANew assented
Mexico
agree—1943
small
M-N
mtge 3%s____1972
Susquehanna RR 4%s__1975
3%s
1950
3Vis
AND
A-O
1967
1st
Irrigation—
8A4Vis assented to
A
Power
Amer
50
7
Southern
Allis-Cbalmers Mfg 2s debs——1956
American Airlines 3s debs_,__,,__1966
37
37%
Great
Albany &
Alleghany
37
40%
27%
-28%'
5
1952
Alabama
; 39 %<
16%
87
30%
*35
1957
Metropolitan Water Sewerage &
Drainage Board 5 Vis
A
I
Alabama
J-J
r
AAdriatic Electric Co 7s
|?
101%
100%
5
RAILROAD
10%
53
J-J
1977
Jugoslavia (State Mtge Bk)
AMedellin (Colombia) 6Vis
!
8%
4-4%-4Vis extl readjustment____1978
*
A
Mexican
7%
61
1977
to 3%
(Kingdom of)
'
,^1977
Credit Consortium for
Public Works 1% to 2%
§A7s series B—„
•
9
M-N
,.1958
3%-4%-4&s extl conv.
102 '/a
*
6
10%
7%
61
Italian
7s
66
48
8
M-N
J-D
External
61%
101%
,,
High
58
—
Government—
1964
.
*56
1962
extl 7s
3%-4-4%s <$
14
paid
J.
*60
A-O
(Kingdom)—
1962
AExternal
52%
12%
J-J
paid.
Rio
J-J
extl
sec
AExternal
77
56
part
A
1968
Uruguay HKepuoncj
83 %
57 Vi
part
A
B
(Prov of)
assented
A4Vis
90%
*51
A6s
\
series
ASllesia
97%
88 Vi
79
J-J
Helsingfors (City)'ext 6Vifi—i.
4s
*53
2012
2% )
to
external
secured
A7s
63
95
J-J
7s
2004-
J-J
loan
reduced
A8s
'/a
87%
Jan. 1
Low
Stamped pursuant to Plan A
Serbs Croats & Slovenes
Jan 1, 1970
(Kepublic of)
dollar
2.25%)
to
reduced
A 6s extl
,
94
68%
A-O
A 7s
-
55
75
1950
*60 %
External
$
Republic
Greek
13%
34
79%
79%
*„
J-J
1955
,1962
f $
s
AEstonia
French
40
Range Since
Sold
No.
High
Stamped pursuant to Plan A
(Republic of)—
T $_
s
79%
2
73%
M-S
Sydney County Council 3%8
,1942
4%s
gold
Salvador
4s
extl 6s_
5%s_._;—•
gold
M-N
—
73%
38%
J-D
Stamped assented (int reduced
to 6%) extended to_._
,1960
External
"73'/a
M-N
■'
,,1951
(Rep of) 7s
Cuba (Republic of)- 4Vis ext
Czechoslovakia (State)—
lADenmark
78'/a
J-J
Bonds
Friday's
(continued)—
extl water loan,.'—
a7s
78%
A-O
.Jan 1961
3» external e f $' bonds
{A Colombia Mtge Bank 6%s_.
SASinking fund 7s of 1926—
AV-jvni
70
',0
.Oct 1961
-j
or
Bid & Asked
Low
-
1920
1927
Sale Price
High
Low
No.
High
Last
Period
New York Stock Exchange
Jan. 1
Sold
Bid & Asked
«
Week's Range
Interest
BONDS.
Range Since
(Republic of)—
A6s of
El
Friday
Bonds
Friday's
Low
Colombia
RECORD
WEEK ENDED JUNE J 7
Week's Range
Last
Monday, June 20, 1949
FINANCIAL CHRONICLE
BOND
YORK
NEW
BONDS
&
COMMERCIAL
THE
(2662)
,
66
I
'
102% 103 Va
——1960
debs
(1947 issue)i___
*101%
1960
*101 Va
*75
11
—
—
—
■
'
—
59%
62
100
1031/4
101%
101%
101 %
102%
75
80
751/4
55%
67%
of
Georgia Ry—'
1st mtge 4s ser A
Gen mtge 4%s ser A__Gen mtge 4Vis ser B
Central Illinois-Light 3%s
—1995
Jan 1 2020
Jan 1 2020
55Va
,„_,_.1987
40%
32
65
__
49%
54%
49V4
.
65
72
54V'8
124
.
.
40
52
108
23
*108
108
49% "78'/a
*
1
*45
•
registered
56
40
55%
—1966
tACentral of N J gen gold 5s
1987
A 5s registered
1987
A General 4s
—...—1987
A4s
—.
50 Vi
*__
50
.
34
—
491/4
48
'78
70
.
Volume 169
Number 4813
THE
COMMERCIAL
&
FINANCIAL, CHRONICLE
(2663)
31
NEW YORK BOND RECORD
RANGE
Friday
Interest
BONDS
_
Lasi
Period
New York Stock Exchange
Week's
or
Sale Price
%
Friday
Central
New
Central
York
Pacific
1st & ref
1st ref
1974
3s__
gtd gold 4s_1949
A-O
>
103
■
to Aug
mtge
3%s
1 1949)
1974
1968
B
ser
Champion Paper & Fibre deb 3s
Chesapeake & Ohio Ry—
General gold 4'As
F-A
Impt M 3 Vis series D_—1996
impt M 3 Vis series E
1996
imp M 3%s series H
1973
997A
J-J
A
1st
Div
1st
gold 4s
cons
consol
Si
ref
1st Si
1st
ref
Si
series
4'As
ref
B
Dow
62
100-ft
101'A
JSADul So Shore,& Atl gold 5s
ft 100'A
1985
.1970
mtge 3 Vis
mtge 27As
103%
3
100
122%
100%
AGen
mtge inc conv 5s
mtge 3%s ser B
1st
1997
AGen
inc
J982
A
Si Louisville Ry—
1st mtge 4s inc ser Al____Jan 1983
A 2d
mtge 4'As inc
Chicago Indiana
&
Chic Milw St Paul
1st
A____Jan 2003
ser
Southern
Pac
&
4s
1956
118
99%
99 %
50'A
39
41
113
48
49%
180
48
J-D
Gold 3'As
1951
J-D
Memphis Div 1st gold 4s
1951
J-D
Chic Terre Haute & S'eastern
Ry—
1st & ref M 2%-4'As__
1994
1st
Chic
&
ref
99%
49 %
1963
J-J
15
89'A
106
1963
55
'
67%
1975
1st
mtge gtd 3%s series E
Cleve
Cin
Chic
St
5s
Cin
Wab
series
Si
Div
1st coll
103
9
102'A
102%
Fuel
&
debentures
Columbus
Si
1067/8
J-D
"79
63%
79
Conn River Pwr
A Debentures
69%
70%
J-J
J-J
M-N
J-J.
J-D
F-A
A-O
1951
t1
^
100%
104'A
11
.
.
6
1982
108
104
106%
17
100%
103%
1972
A
Si
50%
1
s;"/.
!
98
1
7
,
1963
Essex
1st
Power
101%
Si
mtge
Denver Si
1st
1975
103%
103%
100%
106
107'/a
107
1
■
__
—
1ft
•
'
'.
__
-
_
104
106 %
B
101%
106%
101
104%
104
1
Si
ref 3s
Gen
&
ref
conv
106
98%
,96
ASecond
tr
Detroit Term
&
98%
102%
81
82
9
79
F-A
56%
56%
58
37
55
Feb 1957
A-O
20'A
20%
22'A
212
J-J
99%
98%
99%
30
103% 103%
2
2%s series A—1981
96
19'A
67'A
'25'/2
1978
1951
*__
J-J
lyol
103
.
—1951
M-S
*35
—„1952
A-O
101% 101%
14
1955
M-N
104% 104%
19
3%s—i
lines
trust
4—1952
J-J
100
gold 4s_„
_—i
5s
1953
1955
4
M-N
M-N
.1966
goid 4s
Div
1st
1st
t——1950
gold
101%
100
101'A 101 %
105
F-A
79
105%
77
80
J-D
gold 3%s_1953
J-J
_1951
J-J
99%
105
107%
77
J-J
1951
J-J
1951
F-A
i
&
2
12
P-A
*100
1963
J-D
N
*90
85
87%
41
83
1970
J-J
Indiana 111 & Iowa 1st gold 4s_„11950
Indianapolis Union Ry Co—
Ref & Imp 2'As ser C
1986
3-J
*98% 100
J-D
*89
102
102
101%
103
101%
93%
92%
99%
103%
102%
100%
O—
93%
107 '/a
100%
101%
102'A
83
100 Va
102'A
99 '/e
102'/a
86'A
5s
100%
101'/a
*101% 102%
93%
ref
100%
100
*101%
—
88%
103%
100
101'/a
1951
1st gold 4s
Chic St L
103
3
100'A
3'As:
gold
1st
99%
*100
—i
Div
105%
82
104'A
100% 100%
F-A
r1951
3s
103
101%
103 ya
*100
3s
101%
103 %
100
100%
12
"102%
J-J
1
J-D
101%
103
101%
70
1951
gold
Jl
3%s
—
J-D
102%
104
101'A
103
*101'A
J-J
1
4s
4s
Div
1st
99%
97
102%
A-O
trust gold
and
J-D
'
1963
105%
11
94
93%
47
'
17
-30%
,
*
ref
&
ref
Illinois
101%
99
1
4'As
Terminal
Ry
4s
ser
A
•'
^International
95%
:
52
A
1st
6s
Great
series
AAdjustment
'36
A 1st
Northern
A
series
80
30%
28%
40
25%
31%
28
30%
35
31
32
10
31
July 1952
98%
3
102%
3
B
67
65
67
92
59
A-O
21'A
20'A
21%
93
20'A
59
60'A
28
53%
67
61
59
61
8
53%
67
70%
70'A
70%
91
67 ya
1
97 ya
1956
J-J
1944
A-O
_1972
M-N
100
J-D
M-6
*98'/a
A 1st
gold 5s series C_—i._
SAInternat Hydro-Elec deb 6s
Int Rys Cent Amer 1st 5s B
74'A
J-J
J-J
-
100%
26
35
18
.
100
100'A
1956
5s
87
100%
RR-
_1952
series A
6s
93%
86
81%
95
5
95%
Jamestown Frankl «fe Clear 1st 4s. .1959
79
,
30%
—-
98%
95
1963
7
49
82
97%
125%
3
C
103
•
-
98%
A
104
32
31%
96%
121'A
97'A
*95
series
102%
100
70%
100
-
100%
100'A 100%
104
__
104
100%
Jersey Central
Pow
&
Lt 2%s— .1976
64%
65'A
64%
77
99
96'/a
98%
104
J-D
1963
M-N
104'A 104%
:
'
91
104%
102
102'A
*101% 102 %
•'
104
*102
.
J-D
A-O
101%
102'A
91
91 Va
91
21
96%
M-N
M-N
*__
84
48
48
73%
87%
48
5
68%
M-N
__
52%
53%
A-O
J-D
*—
22
-
103% 103%
52%
103
69%
103
__
104%
106
5
106
K
Kanawha & Mich
J-J
'-r-
*87
89%
.,
87
•
4'As
Apr
1993
J-J
1966
M-S
1970
J-D
1982
M-S
1958
J-D
1995
J-D
*68
1995
J-D
65
1961
M-N
*95
1P7fi
M-S
*88 Va
58%
58
58%
41
78%
78%
58
65%
6
77%
.
H
108%
12
gold 4s
B
108
A-O
104%
*104
A-O
*101
J-J
<
105%
104%
100%
114%
114%
52
98
98
100%
98
108
J-J
*97%
J-J
A-O
M-S
M-8
101%
103 y4
99%
*114%
Laclede Gas Light 4%s conv debs—1963
101 Va,
99%
31
__
J-J
J-J
1964
1959
100'/4
100 7/a
104% 105
J-D
1961
—1997
96
96
10
103
*100%
A-O
unguaranteed
Kings County El L «fe P 68
108
II
*171
105%
109'A
73
103
25
%
2
66
-V
,
»
.
73%
64%
7
97%
89%'
112%
111
112%
37
107%
116
'
65 %
,
101%
1'A
99%
49
16
1
102% 102%
A-O
105%
98%
71
98
,-.88
,
105%
89
Lakefront Dock
1st
&
RR
3%s
Terminal—
A
Lake Sh & Mich 8ou gold 3%s
'
mtge 8 f
ser
3%s registered
t1
< i.
j
.
' *
-
1968
J-D
!
1997
J-D
1997
a
"
page 33.
*102
J-D
110
104 %
3
107%
107
107%
4
991/2
99%
107%
101'A 101'A
J-D
82
104% 104%
108
83
A-O
Koppers Co 1st mtge 3s__
tAKreuger & Toll 5s ctfs
2018
ser
1961
Plain
91%
—
RR 2%s
1st gtd
gold 48—1990
Kansas City Power Si Light 2%s„1976
1st mortgage 2%s
4
•-—1978
Kansas City Southern Ry 1st 38—1950
1st mtge 4s ser A
*
—1975
1st mtge 3%s series B_*.__^
1968
Kansas City Terminal Ry 2%s
1974
Kentucky Central gold 4s_.
1987
Kentucky Si Indiana Term 4'As—1961
Stamped
1961
'
1993
^'Aft-
Tunnel 4'As
see
103%
103
■
series
1st
fixed
4s
For footnotes
Joint
'1st
West RR—
1st lien
Def Tnl Si Irnrifon
i
102'A 102'A
mtge 4s ser D_J
•
96%
100'A
—
1977
3'As
(3%
23As series I
gold
Cent
94%
101% 101%
30%
,
*.
''
1973
debentures
Detroit Si Mack
97%
J-D
—_1951
Registered
23
106%
94
J-J
1965
Light 3s
series
3s
Springfield
98%
104
*47
A-O
1973
Detroit Edison 3'As series G
3s
61
95%
—
A—1962
series
i
Western Lines
4
,
mtge
Gen
gold
Gold
104 Va
106
101% 101%
__
J-D
1965
(3%
fixed
contingent int)
lft-
48'A
1st 5s A_—_1957
St Louis Div & Term gold 3s
18
•
*101% 102
J-D
1993
Lake
Salt
48
*104
A-O
J-J
gold 3%s_
sterling—i
Cairo Bridge
104 %
103%
7
102% 103'A
__
28
1946
If'
/
98%
96'A
*80
1978
C
mtge ser A
contingent int)
&
1st
Litchfield
105%
'
98%
J-J
1946
104
2
__
96%
J-J
1975
contingent int)
Income
f 5s
Debenture 4%s
:
div
ser
AIncome
Denver
49'A
*97% 101%
4s—
Refunding
2
•
100'A 100'A
J-D
May 1 2042
A
74
99%
48'A
*98
Corp 2%s
3'As
Purchased
105%
'
coll
gold
1st
111
M-S
__1965
;
Rio Grande
mtge ser
60
95'A
M-N
5s__
gold
Collateral
'
100%
division
&
49'A
3
3
J-J
—1969
101'/a
97
61
99%
Apr
_1976
—1978
:
s
1st
'
10
104'A 104'A
A-O
1978
ser
4-6s
Delaware
income
Extended
'
J-D
1968
due
&
Tr
Coll
5
60
99%
"
Western
Income rttge
Morris
25/as
1st mtge 3s series B
Illinois Central RR—
100
6
106'A 106'A
J-J
3V*s
5s
99% 100
.<
1
61
A-O
—1968
;
Manhattan
Refunding
104% 105
*102%
M-N
1952
debs
M
1969
Jan 2044
__
Finance
Si
Omaha
J-J
receipts
ref
ser B__
1st M
debentures
AAdj
!
39%
66
104% 104%
M-S
1979
Delaware & Hudson 4s extended
Delaware Lack & West RR Co—
Si
Util
J-J
J-J
—_
101%:
105
D
Lack
103 V*
101%
96%
39
105'A
*104% 104%
••
M-N
Y
inc 4s
States
Hudson
105'A
101%
__
97
*105
—
J-D
1st
10%
100%
H
•
107
__
.
A-O
1942
N
7'A
5
Hudson Coal 1st
100% 100%
F-A
1966
Ry
70 V*
9
87'A
.101'A 102'A
.
J-J
196I
series A
.
: 7%
7%
101%'
A-O
.—July 2015
D—;
Louisville Div & Term
§ACuba Northern
23As
90
101% 101%
Feb
;
v
1975
106%
102% 103 "
A-O
Co
;
—1959
; ;
1
B
seris
Illinois Bell Telep
--
J-D
Union
;
62%
*64
Feb
78'A
96%
J-D
1977
&
A
104%
M-S
1972
Deere
96'/a
5
A-O
C
Dayton
78Y4
94%
10
M-S
B
1st mtge 3s
75
95
98%
*101%
—
F-A
Dayton Pr & Lt 1st mtge 2%s
1st mortgage 3s
78
95
*124'A
98
1978
A deposit rets
§A6s series B deposit
receipts
*__
J-J
J-J
98
Crucible Steel
t
J-J
1961
1970
"105%
F-A
series
2010
Household
98
ser
§A7'As
86 »A
79
79%
105% 105%
M-S
gold
10
*
88%
62 'A
A-O
ser
1st 5s
B
series
4s
ref
ref 3%s
1st
mtge 2%s
mtge 23As
RR
88
—1982
51'A
40'A
ref
§ A Deposit
94
J-J
J-J
9
39%
ref
A Cuba
92 Ve
2000
52%
39%
1977
Baking 3s debs
1st mtge 3'/as_
Ry 1st 5'As
§ ADeposit receipts
10
94
51'A
101'A
1955
^Continental
97
92%' 92%
93
J-J
Af-N
_1970
Gas 2%s
118y4
93
J-J
mtge inc 5§ ser A
Collateral
1st mtge 2%s
123%
18
„__1990
M-8
A-O
1st &
Natural
llO'/a
120
116
1999
104
1st Si
Consumers Power
108%
2
118
ctfs
87
4
118
Hocking Valley Ry 1st 4%s
104
A
Consolidated
33
122% 122%
Hackensack Water: 1st mtge 25As—1976
1973
D__l
100%
68%
A-O
ser
series
99%
54%
105'A 105%
mtge 23As
3s
82
61
105 y8
ref
ref
59
12
83
*
55%
99
1971
1st & ref mtge 3s ser E____
3s conv debentures
;
65'A
104%
26
83
100'A
Jf-N
54%
55%
A-O
Cigar Corp 3'As
1965
Consolidated Edison of New York¬
1st Si
45'/a
102%
100% 100%
M-S
86%
J-D
Consolidated
ist &
1
2
108% 108%
1st mortgage 3s
'
f 33As A
s
45%
45%
83%
J-D
1964
mtge 3s series L
45 'A
104'A 104'A
M-N
J-J
mtge
Commonwealth Edison Co—
1st
103
47
J-J
O
3s
102%
Corp—
1st mtge 3s series N__.il.
Conn Ry Si L 1st & ref 4'As
41
104%
101%
—
45'/a
J-J
ser
•
-
103
103'A
*102%
95
1980
Sou Ohio El 3%s
Toledo 1st extl 4s
M-S
.1952
mtge 3'As
t
92
1977
v.
103
M-N
J-D
—.1973
.
N__
Gulf
111
99
1974
Iron
*100
series D_^________ 1976
4'As
Collateral trust 3% s
.
100% 100%
1973
Columbia Gas System, Inc—
3'As debentures
Columbus &
102%
"94
1972
1st mtg.e & coll tr 4s___i
Columbia Gas & Electric
Corp—
3 Vis debentures
:
3s
111
101
F -A
Colorado
Colorado
M-S
^^^^^.-1969
Ry Co—
series B
5'As
Gen mtge
*
100
1961
Si Southern Ry—■
(stamped modified)
99
1st mtge 2%s_1965
ser
1st &
jpso
4'As series C
87'/a
99
M-S
h
Co
3'As
Gen
1982
_
80
& Utilities Corp—
F)
(B
mtge
1st &
J-D
Cleveland
1st mtge 5V2S series A
1st mtge 5s series B
84
100
—1956
2%s ser P
Gen mtge 2% 9 ser Q
Gen mtge 2'As ser R
;
A Green Bay & West deb ctfs
106%
1970
Series D 3'As gtd
Cleve Short Line 1st gtd 4%s
Union Terminals Co—
89 y*
*__
deposit
Gen
104%
25
1990
trust 4s
of
Gen
•
1991
4s
72
99%
80
*99
1959
Gulf Mobile & Ohio RR—
1977
1st
57
95%
"2
81%,
M-a
1961
Greyhound Corp 3s debs—
1993
_
4'As
72%
101
Louis Ry—
Cleveland Electric Ilium 3s__
1st mortgage 3s
Cleveland Si Pittsburgh RR—
1st mtge
1
1961
B
Mich
Div
>
1966
impt 4'As series-E
St Louis
77
1974
gold 4s
Ref Si
102
102%
111
81%
J-J
45
58'A
102
*„
A-O
J-J
debs
Gen
1993
&
General
General
A Certificates,
General
103%)
67%
100% 101
F-A
106 V*
—
57
57%
J-J
1974
3s
A4s oonvdnc debs
98%
102% 106%
J-J
1969
103%
104%
*102%
1971
General 5s series C
1
102% 104
A-O
1978
101
103'A 103%
102%
«
,
9
Cincinnati Union Terminal—
<
1st mtge 23As ser G
L.
City Ice & Fuel 23As debs
City Investing Co 4s debs
91'A
74%
11
\
M-S
*102'A
•—
_1953
ser
Rub
&
Great Northern
*
J-J
1962
Cine Gas Si Elec 1st
mtge 23As
1st mortgage 27As
Tire
Goodrich
107%
101%
10
103% 103%
101
3%s
A 1st £1 ref 5s series A
General Realty
59%
88%
103
75%
67%
103%
-
J-J
1952
4s
conv
mtge
mtge 2s ser H
Francisco Sugar coll trust 6s
101'A
75"
1964
__1990
"G____—2000
tFlorida East Coast 1st 4'As
.
103%
—
105 Vt
103%
86%
17
'
4'As series D
cons
cons
Firestone
54
90'A
"99%
112%
105
65
39
Station—
West'n Indiana
1st &
"101'
J-J
mtge 3'As series F
mtge 27/as ser G
1st
9
25
107
88'A
J-J
;_1994
;
88'A
A—Jan 2015
mtge 3%s ser E
General
107
lll'A
.
__
.
Ohio Div 1st mtge 3'As
t
49%
107
>4
i
cons mtge SjVaS ser F_
1st
.
90'A
J-J
^.4
inc 4%s ser
mtge
cons
1st
•
Si New Orleans 5s___1951
Chicago Union
77'A
94%
Apr
2%-4Vis
87*
60'A
—,
84
J-J
101%
120 3A
75'A
4
v.
85
-
100
75'
51
,
49'A
5
4 6'A
74
1st.
65'A
A_Jan 2019
Income
34%
53
49%
-
stamped
\ 1st
'98%:
33
Apr
ser
*
101
94%
*
9
—
mtge conv inc 4'As___Jan 11999
1st mtge 3s ser B
____;
1989
Chicago Rock Island & Pacific Ry—
1st mtge 4s series A.
1994
Paso Si Southwestern
5s
Erie Railroad Co—
lll'/a111%
il:'
50
2nd
.
"109%
34.,: ;
99%
Chicago & North Western Ry—
i
A-O
52%
J-J
Chicago St L
A-O
1965
33
Apr
_Jan 1 2044
4'As
1st 5s____ 1965
110%,
"45
Apr
AGen mtge conv
El
120%-
,
J-J
1994
__
B
ser
99%
46
111% 111%
:
106%
32
.
M-N
*104%
J-J
conv
High
20
"146
79
79
1956
M-S
-j
J-J
mtge 4'As inc ser A__Jan 1 2019
inc
East Tenn Va & Ga Div 1st 5s
J-J
RR—
mtge 4s ser A
Vis
128
98'A
35'A
59
Gen
Jan. 1
97%
101
101
F-A
I\d El 111 (NY) 1st cons gold 5s_—1995
Elgin Jo'liet & Eastern Ry 3%s
1970
8
14
79
4
48 %
101
109'A
97%
Chicago Ind
A
48%
101%
Gen
10
■J-J
79
J-.T
118
'120
J-J
—1937
—1977
Range Since
Low
99%
109'A
"
-
14--
111
"69
M-N
1988
"99'A
104%
\
1
34%
34 'A
J-J
97
-
—
100% 100%
M-N
Jan 1 2038
mtge 4%s___:
21
;
97'A
J-J
1985
;
.
1961
debs
97
110'A 110%
Chicago & Eastern 111 RR—
Chicago Si Erie 1st gold 5s
Chicago Gt West 1st 4s series
25 "
*60*
111
F-A
No.
101%
5
104'A
'
110'A
2.35s
Bonds
Sold
High
101%'
105%'
99'A
—
105% 105%
F-A
Chemical
Duquesne Light Co 23A'S—
109'A 109'A
F-A
Range
Friday's
or
Bid & Asked
Low
103'A
"119% 127
J-J
1977
Week's
Last
Sale Price
High
102'A
99% 100
J- J
&
2d
Low
•
Period
New York Stock Exchange
13-
100% 100%
J-D
1989
gold 4s
1989
Chicago Burlington & Quincy RR—
*
General 4s
1958
R
No.
Interest
BONDS
;
Jan. 1
127% 127%
127'A
F-A
Si
,
101'A 101%
M-N
Ref
17
102% 103
»*__
J-J
M-S
Ref <fc
Ref &
High
"101'A
F- A
1992
;
JUNE
100
F-A
1965
ENDED
Range Since
,
Sold
series A
<4%%
1st
Power
WEEK
Friday
Bonds
a
Bid & Asked
Low
FOR
Range
J-D
82
82
.'
82
80
~1
81
96%
747/s
90%
'i
32:
&
THE' COMMERCIAL
(2664)
Monday, June 20, 1949
CHRONICLE
FINANCIAL
NEW YORK BOND RECORD
Interest
BONDS
New York Stock Exchange
Last
Sale Price
Period
-
Lautaro
A
Nitrate
WEEK
FOR
RANGE
Friday
ENDED
or
Low
.1970
DM
89%
d89%
91 Vi
N
8 P mtge 3%a ser A
.1970
Lehigh Valley Coal Co—
5s (tamped
.1954
5s stamped
.1964
5s stamped
.1974
Lehigh Val Harbor Term gtd 5s
1954
Lehigh Valley Ry Co NY 4%s ext_1960
Lehigh Valley RR—
*78
85
*__
79
*
P-A
P-A
-
J-J
62%
Jf-N
30%
Jf-N
80
62%
2
93
56%
'
70%
3
62%
4%s
5 A General gold 5s
96 Vi
78
57%
56%
§ A 2d
fATerminal
N
72%
60
gold
30
31
135
30
41%
Niagara
30
30
1
30
40
46%
Palls
stamped modified
Jf-N
33
32
33
36
32
2003
Jf-N
31
31
31
2
31
42%
—
37%
38%
6
35
49%
Northern
64
64
1
64
74
Nortnern
Central gen A ref 5s
A-O
A-O
123
——
A-O
——
120
106% 106%
1903
M-N
1903
Lorillard (P) Co deb 5s
3s debentures
1951
P-A
107 Vi
A-O
103 Vi
Louisville Oas A Elec 3 Vis
1966
M-S
1st A ref mtge 3s
lAui8ville A Nashville RR—
1973
108%
103 % 103%
4s
*103
♦107%
St Louis
3%s
108%
102%
Ref A
104
Ref &
107%
.106%
77
97 Vi
94
77
7
83%
46%
35
16%
22
74%
Jf-N
98%
J-J
69%
99
20
75
97 %
99
P-A
*105
J-J
*103% 104
101%
103%
MS
*108%
108%
109
105%
103 ye
A-O
97%
99%
Jf-fl
♦__
92%
92%
93%
Div 4s
1950
M-N
108% 108%
107%
1091/4
17
72%
30
128% 128%
128%
A-O
20
M-S
105%
2047
Q-P
Q-A
2047
J-J
.2047
J-J
.2047
J-J
.1975
72%
M-S
*_.
85
128
112%
105
107 %
99
106 %
95%
106 %
128%
112
112%
Q-J
4Vis
trust
mtge 2%s
1st
1974
mtge 2%s
101 %
95%
57
55
6
54
61 %
73%
9
72%
88
83
JL
34
72%
«-««»
3
59%
£4
54
95%
57
——
83
10
83
95
64.%
81
83 V8
16
81
98
99%
52
98
103 %
*99
—
99%
95
1979
M-N
98 %
100
II
II
97
M-B
1079
mortgage 3s
Bell Telephone—
A-O
.99%
35
J-J
1977
100
A-O
1978
98%
99% IOO
P-A
1979
3s
1st mtge 2%s_
(Wise)
29
100
99
Power Co—
States
mtge
1st
—
72%
A-O
1997
1st
2003
Atl Knox A Cine
35%
28
19%
Jan 12047
3s_
1st
1960
98%
lien
(Minn)
88%
89 Vi
77
H
ser
107%
35
Q-J
lmpt 4%s series
lmpt 5s series C.
lmpt 5s series D.
Ref &
gold 3s
Dlv 2d
10
37%
9.7%
106%
P-A
M-S
registered
Coll
A-O
M
107
—
3s
50%
26%
A-O
2003
ref
103
103
Northern
2003
&
_7
P-A
1997
4s
registered
General
Jf-S
1st A ref M 2%s series G
63 %
96
__
35%
High
50
Pacific Railway—
lien
Prior
123%
106%
107 Vi 107%
1963
3
J-D
1st A ref M 3%s series P
106 % 106%
1974
1874
ref 4%s series A
Gen A
Little Miami gen 4s series A
A Lombard Electric 7s series A
3-3
AGen mtge 5s conv lnc
2014
Norfolk A Western Ry 1st gold 4s_1996
Jf-N
Lehigh Valley Terminal Ry ext Ss.1951
Lexington & Eastern Ry 1st 5s
1960
Liggett & Myers Tobacco 5s
—1901
Low
5
Norfolk Southern Ry
2003
4Vis registered
1st
5s
series P
Power 3 Vis
Co—
Ref mtge 3s
....
gold
1st
Telephone 2%s ser D
Ref mtge 3 Vis ser E
Y
Jan. 1
No.
*95%
J-J
Range Since
Sold
50
J-3
RR—
1937
1937
1940
1943
1983
1978
1981
1960
JN Y Susquehanna A Western
5 A 1st refunding 5s
97
101%
99%
Corp 1st 3%s
Y Steam
2003
4%s stamped modified
5s
100
P-A
91%
7
92%
*96
2003
registered
92%
P-A
2003
4s stamped modified
4s
92%
A-O
Elec A Gas 2%s
N Y State
93%
89 Vi
5
High
50
A-O
1993
1977
1963
1st cons gtd 4s
N Y A Putnam
1st mtge income reg
Bonds
Bid & Asked
Low
High
Low
No.
High
Week's Range
or Friday's
Sale Price
Period
New York Stock Exchange
Jan. 1
Last
Interest
BONDS
Range Since
Sold
Lehigh Coal A Navigation Co—
_
17
Friday
Bonds
Friday's
Bid & Asked
Ltd
Co
JUNE
Week's Range
11
.
*97
97
Northwestern
debentures
3 Vis
*105%
105%
__
106%
M
Macy (R H) A Co 2%a debs
Maine Central RR 4Vis ser A
1st mtge A con 4s ser B
Manatl Sugar 4s sink fund„Peb
1973
J-D
68%
1954
3-D
♦90%
11957
Manila RR
(Southern Lines) 4s
May Dept Stores 2%s debs
M-N
1950
100%
~3
61
3
^100%
95
.1
61
5 A 1st
98%
100%
103
100%
guaranteed
1st
Oklahoma
102%
2%s
mtge
27
102
A-O
*98
*__
16%
100%
103%
98%
98%
P-A
1978
102
10%
7
11%
M-S
1975
A Electric 2%s
Gas
11%
11%
/-J
1948
1974
1975
4s
Ohio Edison 1st mtge 3s
61
97
101% 101%
Jf-N
tOgdensburg A Lake Champlaln Ry—
91%
85%
98
O
71%
92
88
87
101%
68
2
92
♦97%
J-D
16
68%
61
J-J
Corp 1st mtge 3s
i960
Metropolitan Edison 1st mtge 2%s.l974
Michigan Bell Telephone Co—
debentures
87
Jf-N
1973
Mead
3Vis
102Vi 102'/2
M-N
1960
96
98%
98%
95
3-D
105%
1988
A-O
♦104% 105%
m-a
♦100
1st
103%
logt
»
100
3Vis
mortgage
11
103% 104 '
104
A-O
Oregon-Washington RR 3s ser A—1960
103%
105
Michigan Central—
Jack Lans A Sag 3Vis
1st gold 3 Vis
1953
Ref A lmpt 4Vis series C
1979
Michigan Cons Gas 1st mtge 3Vis.l969
1st
mtge 2% s
1st mtge 3%s
Jf-N
lf-6
1959
Jf-S
IIAMldland of N J 1st ext 5s
1940
A-O
Minnesota Mining A Mfg 2%s
1967
A-O
Minn St Paul A Sault Ste Marie—
1st mtge 4Vis lnc ser A
Jan 1971
AGen mtge 4s lnc ser A
Jan 1991
Mo Kansas A Texas 1st 4s
1990
99%
99%
70
70
66
107
107%
♦98
107%
Jf-S
1959
100
99%
70
J-J
99%
*102%
102
1st A ref 3%s series I
107%
105%
•
100
98
lien
40-year
4s
Prior lien
ACum
5s
series
49%
11
102%
81%
J-J
J-D
67%
81%
82%
2
81%
87
43
1
43
53%
66 %
68
28
66%
74%
series
74%
J-J
66%
66%
J-J
60%
Jan 1967
A-O
60%
1955
^Missouri Pacific RR Co—
P-A
82
Alst A ret 5s series A
A General
4s
Alst A ref 5s series P
74%
1974
J-D
1979
3-D
~
ref 3s series N
1977
3-D
m-mx
&
ref 2%s
1981
J-D
'I*-.
99%
1st
series
3s
ref
&
series P.
3 Vis
M
Pacific Tel
2%s
Tel
1980
J-D
.1982
R
2
64
debs
60
61
50
.79%
82
47
80%
59
38%
41
510
•37%
46%
82
79
82
226
75%
88%
M-N
79
82%
1949
Jf-N
21
20%
22
38
75%
88 Vi
284
20%
27%
1980
m -a
1966
P-A
1956
M-N
2000
3-D
51%
51%
52%
39
51%
M-N
70
70
72
19
70
M-N
66
66
66%
13
66
75%
91
1975
47
75%
88%
82%
143
75%
88%
55%
62%
*50%
104
104
55%
5
Jf-N
103%
101
A-O
Cons
102%
*93% 100
>103% 104 Vi
103%
103%
11
27
98%
100 %
5
103%
104"%
*
98
95
95
18
95%
98
98
103
105
*+~>
105
93%
14
*
100%
'
102% 102%
A-O
*104%
—
103
105%
103 y*
104%
<"■:
Jf-N
19
103
24
101%
103
—
53
52%
—
1
__
34
1960
J-D
1975
A-O
101
1965
A-O
101% 102
1960
F-A
1965
J-D
97%
1968
3-D
100%
*103
—
98%
103
100%
20
104%
*
M-S
96%
95%
3
-
69%
52
102%
103
--
104%
103%,
sinking fund 4Vi«
5s
General
series
4%s
General
4%s
Grn
'
Gen
•
series D
3 Vis
mtge
101%
100%
7;.
1981
26
113% 114%
102%
113%
99
82
97%
100% 102
60
103%
97%
*
87%
88
J-3
88
88 %
A-O
99%
99 % 100
57
99%
1985
*
87%
1984
series F
*
'
A-O
114%
1952
series X
3Vis
deb
1
A
B
series
mtge 4 Vis
Conv
99%
RR—
General
104%
100%
103%
101%
101%
97
103
it'.'
J-J
1952
1st mtge 3s
3s s f debentures
Pennsylvania
104%
1
104
102% 102%
101%
7
Pennsylvania Power A Light Co—
93%
81%
79
series E trust ctfs
15
99% 100
Jf-«
1983
:
1st s f gold 4%s—1950
Pennsylvania Glass Sand 3Vis_
81%
1955
1986
79%
82
1978
debentures
Gtd 4s
58%
1955
debentures
P-A
1991
2%s
A-O
198I
1st gtd gold 4s
Monongahela Ry 3 Vis series B
Morrell (John) A Co 3s debs
debentures
A 111
22
103
96%
1
A-O
Pennsylvania Co—
(
.
H
1987
Pennsylvania-Central Airlines—
a 3 % s conv income debentures-. 1960
88%
40%
Jf-S
1970
A
75%
Jf-S
debentures
Paducan
103%
104% 104%
A-O
3 Vis
70%
103%
103
J-D
1986
&
104%
102%
'
1985
debentures
3 Vis
69%
5
•
J-D
Q_
ser
—'
106%
102%
3
103
103
'
3 Vis
85%
60%
59
74
66%
•
11
1975
wSiex ls? gtd
Oonstr M 5s series A
Cuostr M 4 Vis series B
Mountain States Tel A Tel
L
ref 3s series M
A
1st & ref 2%s series
1977
Alst A ref 5s series G
3 Vis
74%
1979
D
J-J
1953
B
Conv gold 5 Vis ser A
Alst A ref gold 5s series
Alst A ref 5s series I
Moh'k A Malone
ref
1st A
1st
-
102%
106
16
103
.
1st A
62-
49%
101%
43
J-J
1953
adjust 5s series A
-I.—
103%
102% 102 %
J-D
2%s
A
4Vis series
1971
103 % 103 %
J-D
ref 3s series K
*106
J-D
1970
1st
49%
*102
Missouri-Kansas-Texas RR—
Prior
1960
1st A ref 3s series J
1st &
103%
102%
__
Pacific Gas A Electric Co—
81
1
J-J
77
77
16
77
87%
40
3
80
.
88
116
106%
110
101%
102
102
87
.
.
f
.
Peoples Gas Light A Coke Co—
3s
N
—.
vuim,»uw|»
7
.
1st mtge 3s
oc
OI
B
ser
.1970
1st gtd 4 Vis
series
.1961
100% 101
17
104% 104%
10
103%
105
103%
Jf-N
5
103% 103%
10
103%
_
r
__
F-A
__
J-J
1
J-J
«■
Prleans Texas A Mexico
Alst 5s
A
series B
Certificates
series
A
Certificates
Alst
A
5Vis
1955
of
series
of
Certificates
P-A
1955
P-A
1954
J Central A Hudson
General
lb
88%
ref
2%s
1971
2%s
1967
1974
M-N
103%
103%
101%
1st A
*101
1981
1978
1937
J-J
105%
101% 101%
11
100 %
88%
95%
93
Cons gtd
88 Vi
95
Cons gtd 4s series
i7%,
92
88%
90
88%
"2
88%
*85%
89%
92%
92%
94%
92%
87%
95
51%
52%
2013
2013
River RR—
A-O
54
52
54
185
A-O
60%
59%
61
108
59%
J-J
70%
69%
70%
19
68%
81%
64%
75
1997
J-J
1998
P-A
1999
.
*60
.
P-A
I99f
P-A
52%
92
51%
52
73%
61%
66%
.
52%
53%
52 %
61
50
51%
56%
51%
52%
34
50%
60%
P-A
49%
49%
4
49 %
58
1990
J-D
1st mtge 38
94%
25
11
94%
1999
A-O
1975
A-O
X961
P-A
Chicago A St Louis—
ser
P
5 \ Connecting RR 2%s
N Y Dock 1st
gold 4s
N T A Harlem
gold 3 Vis
Mtge 4s series A
ser B
2000
*
&
4 Vis
series
90%
88
99
100%
101%
7%
8
7%
101%
102%
7%
9
8%
7%
22
6
8
102 % 102%
J-D
1953
3-D
*102% 108
10 Vi
10
1957
4s series P
*96 Vi
99%
102%
97
99%
105
107%
105%
105%
Jf-N
*105%
P-A
*103%
Cons
F-A
*108% 111%
109%
113 %
Jf-N
*103%
110
114 %
3%s
92 %
Plttston
91 %
Potomac
II
100
100
95
100
Public
95
95%
9
63
63
5
*—
75
57%
May
34%
Jf-N
M-S
J-D
M
56
33 Vi
35%
344
6%
7%
»
.
.
94
3
.3.%;,31
89% 100)lt3l4t.<
10
..
.
2
99%
1
100%
103
100
103
J-J
102% 102%
A-O
100
100 %
81%
24
17
81%
108
89
101%
81%
92%
4
81
92
5
80%
92
107%
J-D
109
4
A-O
82
82
A-O
82
81
82
-
-82
-
P-A
J-D
J-D
1964
*100
J-J
99%
100%
107%
106
108
106%
108
mortgage 3s
1983
J-J
*102% 103%'
102
102%
Providence Terminal 4s
1956
Jf-S
1963
M-N
Elec
1st mtge 3 Vis
Pwr
Service
1st &
Elec
&
debentures
A
69%
Gas
■
1st
A
48%
1st
&
ref mtge
ref
mtge 3s
ref
ref
3 Vis
mtge
mtge
8s
3s
107Vs
99%
99%
99%
101%
103%
Co—
103 % 103 %
103%
15
108% 108%
3
107 %
108%
1968
J-J
2037
J-J
*147%-
146%
148
2037
J-D
*216
215
220
.1972
Jf-N
104
105 %
104% 104 %
103%
6%
3
100 %
107
*107
3s
33%
78%
99
*107
72%
102
3
97%
5
100
•
102
7
15
78%
J-J
81
56
99%
99%
P-A
63
171
103%
78%
M-N
1977
5Vis lnc debi
—
1966
75
57%
102
Co
103 %
■
97%
97%
A-O
1974
5s series C
4%s series D
1st mortgage 3%s
1st
J-J
1965
—
99
J-D
A-O
__
1977
,
1st
Jf-N
1st 4s
1954
IAN Y Ont A West ref 4s
J^tie 1993
A General 4s
—1955
N Y Power A Light 1st mtge 2%si_l978
debentures
1st gen
1st gen
99%
JTJ
Jf-N
.1975
Pittsburgh Steel 1st mtge 4Vis
1958
Pittsburgh A West Virginia Rylst mtge 4Vis series A
.1958
1st mtge 4Vis series B_
.1959
lst mtge 4Vis series C_
1960
Pitts Youngstown A Ashtabula Ry—
1st gen 5s series B
1962
99%
1973
3%s series K_
mtge
Pittsb Coke A Chem 1st mtge 3%s_1964
Plttsbureh Consolidation Coal—
86%
101
G
gtd 4s series H
1960
gtd 4%s series I
1963
Cons gtd 4Vis series J
1984
Pgh Cine Chic A St Louis RR—
Gen mtge 5s series A.
-1970
Gen mtge 5s series B
—1975
5
1973
100%
15
*101% 102%
1996
11
B
33.
101 Vi
102%
99%
Pittsburg Bessemer A L Erie 2%s
Pgh Cine Chic A St Louis Ry—
100%
100
West 48 "erles A
N Y New Haven A Hartford
RR—
1st A ref mtge 4s ser A
2007
AGen mtge conv lnc 4Vis ser
A.2022
Harlem River A Port Chester—
For footnotes see oage
99%
100%
99% 100%
>1
1
P-A
*11
J-J
2043
92%
88
100
Jf-N
2043
Mtge 4s series B
106%
7
1964
98%
registered
110
104%
17
Phillips Petroleum 2%s debs
73
1999
3 Vis
116%
109
33
104
13
114
99 %
100% 100%
7%
deposit
103%
Ref mtge 3Vis ser E
New York
of
16
96
101% 101%
P-A
t§APhilippine Ry 1st s f 4s
7
61%
104%
100% 100%
100%
J-D
2%s
Gen
mtge 3Vis
3 Vis registered
_
2%s—
ref
&
4
52%
3 Vis
ref
1st
10
,
104% 105%
M-N
2%s
115
111
50
28
98%
115
106%
7
28
104%
*107
3-D
ref
ref
;
51
,
__
98
98%
J-J
&
93
A
.?£ Cent co^ Sold 3 Vis
*103%
J-J
1961
A
P-A
i?/ Shore co11 gold
108% 108%
P-A
1977
1st A
117%
1999
3 Vis registered
B
1974
5s
1st
deposit
New York Central RR Co—
Cons 4s series A
lmpt 4Vis series
& topt 58 seriCB c
series
General gold 4%s series C
1st
deposit
Ref A
General
Philadelphia Co coll tr 4%s
Philadelphia Electric Co—
101 %
99%
*103% 104%
108%
Cons
A
of
Jf-8
106
117
deposit
D
series
1980
89%
88%
10%
103%
14
101%
Ry—
A-O
51
10
Pere Marquette Ry 3%s ser D
Phila Bait A Wash RR Co-
103 Vi 103%
—-
50
10%
98
*101
deposit
C
Certificates
Alst 4%s
—
50%
Apr
P-A
A Certificates
—.1964
of
102
A-O
1974
*75
MS
.1963
New Orleans Term 1st
gtd 4s____.1953
A
101
101%
*105%
J-J
Alst 5s
'100% 103
117% 117%
A-O
J-J
.1983
New Orleans &
Northeastern RR—
Ref A Imp 4Vis series A
99%
*98% 100%
--
89
J-D
Peoria A Pekin Union Ry 5%s
100%
Jf-N
■1983
New Jersey Bell
TelephonelvisH.1988
N J Junction RR
gtd 1st 4s
.I960
New Jersey Power &
Light 3s
.1974
New Orleans Great Nor
5s A
.
84
4s
Apr 1990
105%
98%
J-D
.1954
Vi1
84
101
A-O
.1967
B
3-D
.1968
debentures
84
3-D
.1970
Naugautuck RR 1st gold 4s
New England Tel A
Tel Co—
3s
P-A
1963
1960
Eastern 4s ext
A Income
.1980
National Steel Corp 1st
mtge 3s
National Supply 2 Vis debs
debentures
conv
Peoria A
xjOUIS-
11%
.
-}
-5 ;:
ts- 98%'ilOO%r
Quaker
Out.*
?%« rtefc
10A4
*100% 101
100 %
■
102
'
Volume
THE
Number 4813
169
COMMERCIAL
.
&
FINANCIAL
CHRONICLE
(2665)
33
NEW YORK BOND RECORD
RANGE
Friday
Interest
BONDS
Last
WEEK
ENDED
JUNE
17
Bonds
Bid & Asked
Low
Range Since
Sold
High
JVo.
Low
Period
New York Stock Exchange
Gas
Rochester
Gen
E3ec
&
Low
Gen
mtge
cum
mtge
85yB
86
20
103% 103 5/8
85
10
93%
102%
US
1949
j.j
8
7%
8
27
7%
1st mtge &
10
1941
series J__
t A Rut-Canadian is nnmpni
3%s
4%»
RR
stamped
J-J
9
8%
9y2
43
8 %
12%
117
117
117
117
Union
M-S
Oil
2%s
Lawr
M-S
Union
M -S
*105%
1996
106%
105%
—
1st
series A
mtge 4s
J-J
J-J
Pacific
2%s
M-N
1Q87/b 109
3
108%
109%
100% 100%
6
99 %
100 %
M-N
103% 103 %
5
100 7/«
103%
1967
J-J
103% 103%
5
103
104%
J-D
100% 100%
10
99%
101
1976
F-A
102 % 102%
2
100%
103
92 y2
12
91%
93%
99%
101 Va
deb
3s
100%
RR—
1991
M-S
United Biscuit Co of Amer 2%s
1966
A-O
1976
M-N
1967
1959
A-O
Ref
series C
2%s
mtge
S Rubber
2%s debs
debentures
1st
bond
4s
certificates
bond
inc
1989
Nov 1989
97
2
97
84%
85
77
83
46%
48%
•
108%
St Paul & Duluth 1st cons
J-D
St Paul
102
'
„
A-O
gold 4s_1968
1971
N E 1st gtd 4s
1989
Union
Scioto V &
Dept 3%s B
124
F-A
Vandalia RR cons g 4s series A—1955
*106%
•,
105
7
101
105
Jf-N
*105
100
100 %
M-N
mtge 3s series F
debentures
1978
1963
2003
1958
1995
Jf-N
1973
A-O
conv
—
.—
J-J
*—
A-O
103 y2
79
80
11
99% 100
;
100%
110
104
*108% 108 7/b
104
98
79
14
*
Virginian Ry 3s series B
106%
102 %
99%
102%
100%
96
128
100
5s
cons
A-O
3
103%
107%
Jkf-S
1st
103%
127
128
—
1975
ref
98 V*
102%
mtge 2%s series E
Jf-8
Va & Southwest 1st gtd 5s
92
100%
106
106
107%
ref
3%s
109%
106%
—
—
—1957
series B—
f 4s
s
&
1st
61%
85%
*102%
80
Virginia Electric & Power Co—
88%
9
102%
96
75%
~9
78%
94%
96
100 %
78%
86
100
46%
91
*__
J-J
Gen & ref gold 5s series A
49
108% 108%
J-J
1990
ctfs
97
64%
M-N
4s
73
97
May
2d
2
*96
MS
93 Va
1
93%
76
4
75
93%
101%
70
73
91%
*iooy4101
1st &
2nd mtge inc 4%z ser A—Jan 2022
Louis-Southwestern Ry—
High
A-O
debentures
Cons
A
Bt
97%
i*-~
70
A-O
1955
101%
J-J
1996
1997
1st
gold 6s
Bt L Rocky Mt & P 5s stamped
fit Louis-San Francisco Ry Co—
*101
M-S
1971
3s series A
gold 5s
Adlr
ft
2d
Jan. 1
1970
Calif
of
debentures
2%s
8t
,
Low
1968
Universal Pictures 3%s debs
Baguenay Power
Range Since
Sold
JVo.
1975
coll trust 2%s
debentures
U
tSARutland
Bonds
High
1971
Union Electric Co of Mo 3%s
104
1977
1967
1967
1969
series I
3%s
86
A-O
3s
4%s series D
Gen mtge 33/4S series H
Friday's
Bid ft Asked
High
Corp—
mtge
or
Sale Price
U
Jf-N
Tobacco 3s debs_1973
Reynolds (R J)
Last
Interest
BONDS
Jan. 1
R
Reading Co 1st & ref 3%s zer D—1995
Week's Range
Friday
Friday's
or
Sale Price
Period
New York Stock Exchange
FOR
Week's Range
1st lien & ref M 3 Vis ser C
106 %
103 Va
*105% 106%
Seaboard Air Line RR Co—
101% 101%
J-J
1st mtge 4s
series A
1996
A Gen mtge 4 Vis series A
Jan 2016
Seagram (Jos E) <fc Sons 2%s
1966
J-D
L-
Shell
1971
A-O
96%
J§ASilesian-Amer Corp coll tr 7s__ 1941
F-A
Oil
Union
2Vis
debs
1965
3s
Bell
Tel
Pacific
1st
4 Vis
10
100
95
123
123%
__
J-J
'mum'"
r—
,
96%
94%
98 %
J-J
72
72
2
72
77%
1977
MS
89
89
92
91
89
101%
rrI ''
78%
747/a
78%
4 y2 s
1981
M-N
77
75
78
1st mtg 3%s ser A-1975
RR Co—
J-D
100
—
158
74%
82
75
3
100
1986
J-J
1996
J-J
1961
J-J
1994
J-J
1st cons gold 5s
Devel
&
gen
4s series A
1956
&
gen
6s series A
1956
&
gen
6y2s series A
1956
A-O
1996
J-J
1985
A-O
Memphis Div 1st gold 5s
St Louis Div 1st gold 4s
Southwestern Bell Tel 2%s debs
debentures
£3y8
Spokane Internat 1st gold 4%s__2013
84
84'%
95%
111%
ii6y8
13
27
83
19
98
101 Va
18
100
*—
111%
104
108
102%
104
102% 102y4
97%
19
97%
15
97%
*105%
103%
*41
102 % 102 %
43
Standard
1972
J-J
*98%
1973
M-N
93%
96%
97
97%
98%
J-J
Bwift
102%
97
F-A
1966
101% 101%
27/es
debentures
95
94»/4
95
II
'
50
99
55
50
.
99%
104%
106%
1
106%
107%
108% 108%
■
99%
,1
106% 106%
23
107%
109%
36
52%
"
***«
63%
62
23
98 %
101%
46
99%
100
49%
182
51
100
'■
'
53%
98%
98%
89%
100%
102
101%
97%
42
95%
90
87
90
24
86
J-J
72
68
72%
82
64%
86%
100% 100%
101%
M-S
1973
Mfg 2y#s
J-J
debentures
98%
100%
106
100% 100i2
'V
■
■
1
3
99%
100
100 %
100%
1958
—
101 Ji
—
—.
99%
98
5
97
5
96%
100
103
5
102%
104
113
2
112 Va
113
99
-99
A-O
103
103
1960
J-J
113
113
1949
J-J
73
74%
36
1936
Jf-N
37%
38 y2
31
1976
3-D
97%
97%
13
J-J
101%
100%
99%
98
M-S
99%
100
»
Ry—
of
Power
2%s
3%s
.1971
1976
♦105%
J-J
Yonkers EJec Lt & Power 2%s
74%
49 %
46%
95%
J-J
101%
104%
II
97%
101%
MS
____1979
78
37%
41%
:
mortgage 2%s
Service
72
74%
J-J
deposit,..
Certificates of deposit
Public
100%
5
99%
J-D
1992
10
99 %
100%
Jf-N
1949
4s
Electric
97%
J-J
_1970
1967
1st 4s
B
S
95%
M-S
M-N
IP7!
&
Central
Wisconsin
.
2
50
•-L
1950
-1951
1960
1951
§ ASu & Du div & term 1st 4s
1st
..
'■
104% 104%
May
4l/2s
estate
A Certificates
Wisconsin
....
106%
104%
Telegraph Co—
§ A 1st general
A
1
A-O
debentures
^Wisconsin
102
101%
10
Union
Winston-Salem
103%
92
87%
,rr
25
F-A
F-A
1952
Wheeling Steel 3'As series C_,
1st mtge 3%s Eeries D
Wilson & Co 1st mortgage 3s
52
22
101
98%
J-D
Jan 2014
Maryland 1st mtge 4s
conv
76%
99%
96 %
-
89 %
•49%
Gen & ref M 2%s series A—
26
1971
debs
50%
Wheeling & Lake Erie RR 4s
105%
41
Sunray Oil Corp 2%s debs
2%s
MS
2.65s
83
69%
—*
—
52%
2%s
98%
96
—
Apr
Co
52%
Westinghouse El
110
Jf-N
deb 2%a
.1.
M-S
30-year 5s
107
1966
(N J)
J-J
2361
2361
4s
1st
Funding ft real
25-year gold 5s
98
98 %
100
101
84
98
Standard Oil of Calif 2%s debs
Oil
J-D
1966
Western
87%
79%
92%
83
Jlf-N
1983
18
111% my2
J-J
1951
111%
A-O
Devel
87
*100%
series I
Western
94%
96 Va
guaranteed
Shore
Registered
101
80
A-O
Devel
85
*92%
67 %
*__
tm'mt'
Co—
Penn Power 3y2s
West
92%
100
Apr
'
M-N
(subordinated)
debs
Western Pacific 4V2S inc A
mtge 27/es series E
Ry
104% 103
West
95%
Pacific
1st mtge 2%s series F
1st mtge 2%s series G
&
103%
1994
Ry 2%s
M-N
Southern
*88%
A-O
*._
*
1970
Warren RR 1st ref gtd gold 3y2s__2000
Washington Terminal 2%s ser A_,1970
Westchester Ltg 5s stpd gtd
1950
Gen mtge
3%s
1967
97
__
1969
3j/bs
100%
97
96%
*99%
•
Gold
A
11
15
102% 102%
'
•
4Vis
1st
M-N
Baking
5y2s
'
Co—
(Oregon Lines) A
San Fr Term
Walworth Co conv debentures 3yis_1976
96%
Apr
80 V*
1
80%
81%
80%
series A
Jan 1981
4'As series B__Jan 1991
series B
1971
Walker (Hiram) G & W 2%s debs_1966
Apr
Gen mtge inc
1st mtge 3%s
101%
i5
RR Co—
Gen mtge 4s inc
97%
54%
'96%
96
Gold
Southern
96
25
54
*123%.
F-A
1987
.
Indiana
Southern
60
Wabash
100% 100%
96%
J-J
1985
debentures
Southern
96
97
W
69%
95
96%
A-O
1979
debentures
27/8s
58%
33
Ward
debentures
2%s
63
95%
*44
J-D
1963
60
95
Co—
Tel
&
58%
J-J
1976
Skelly Oil 2%s dehs
Socony-Vacuum Oil 2 Vis
South & Nor Ala RR gtd 5s
Southern
J-J
10
105%
Terminal RR Assn of St Louis—
Ref
1
&
Ref
imp
Corp
Texas
&
r
Orleans
New
& ref
M
1st
& ref
M
3%s
D
series B
1st
Texas
1990
AAdj
115%
,
117%
PP%
.
__
ioiya
104%
21
104% 105 %
*
106
J-J
98%
99%
127
delivery
§Negotiabillty
Pacific—
Ry 1st ref 4s__
J-D
i960
income 5s
Deferred
*101
100%
102
43
J-J
17%
50 Va
142
17
43
21%
709
102
the
Impaired
by
maturity.
A-O
J-D
94
94
2
94
102
Tri-Continental Corp 2%s debs
MS
99
99
5
99
94
94
not
sale
'
•
100 Va
'
under flection 11 of
such companies.
Bankruptcy Act, or securities assumed by
45%
17
Jan 1960
Tol & Ohio Cent ref & impt 3%s__1960
1961
96
not
tCompanies reported as being in bankruptcy, receivership, or reorganized
71%
43
sale
,
101%
97 V*
34
*94
Included in the year's range.... d Ex-interest,
e Odd-lot sale
Included in the year's range
n Under-the-rule sale not Included in the year's range,
r Cash
not included in the year's range,
y Ex-coupon.
,
a
97%
88%
118%
137
*126
„
99
~6
88%
887/b
J-D
99
95
97
*95
.
A-O
1985
Orleans 3%s__1974
RR of New
Ave
*117%
*101
105
A-O
2000
gold 5s,
Pacific-Missouri
Term
M-N
1970
Gen & ref M 3%s series E
Third
A-O
RR—
3%s series C
Pacific
&
series
J-J
1985
1965
27/8s
deb
3s
1st
Texas
2019
imp M 4s series C
&
Texas
•Friday's bid and asked prices; no sales being transacted during current week.
ABonds
flat.
selling
p
.
?"
'
•
•
j
NEW YORK CURB EXCHANGE
In the
RECORD
YEARLY
AND
WEEKLY
week beginning on Saturday, June 11
include every security, whether stock
furnish a complete record of the transactions on New York Curb Exchange for the
It is compiled from the reports of the Curb Exchange itself, and is intended to
dealings have occurred during the current year.
following extensive list
we
and ending the current Friday, June 17.
bond, in which
or
any
RANGE
Week's
Friday
STOCKS—
New York Curb
Last
Exchange
Friday
STOCKS—
warrants
Motors
Low
High
Acme
Aluminum
Acme
Wire
Adam
Hat
Aero
Co
—1
Mfg
Air-Associates
Air-Way
Great
(N
Electric
Alabama
Airlines
'
Par
High
Appliance
pfd
1%
& Fisher
Alhed
Investing Corp...
(Mich) common..
Internat
Allied
Products
Altes
Brewing Co
Aitofer
Bros
1% Mar
700
•5.%
1,300
f
Feb
4%
Jun
5%
Feb
3%
5
Jan
Jan
Class
1%
Jan
!
7%
Jan
f'
7
Apr
.100
95%
95%
4%
4%
•
95%
<
91
Jan
3%
.2,000
Feb
92 %
;
<;
t
Mar
♦
13%
5
•
f**
Co
America
of
common
cumulative preferred
Aluminum Goods Mfg
$3.75
Aluminum
Industries
Aluminum
Ltd
common
*
Too
•
.
150
-
'"K—
f
5
Feb
3%
Apr
13%
~
.•
Jan. '
Jun
17%
Jan
i
Feb
6% May
i
Mar
6
9%
Mar
36%
American
Car Co
Beverage
American i .Book
class A.
common
1
1
.100
Co
American
Name
8,1C0
45%
Jun
54
97%
450
93%
Jan
22%
400
21%
Jun
26%
American
Natural Gas Co
6%
High
Low
15%
29%
15%
8,800
-
2%
2
25
.
..
18%
Jun
Jan
45% May
Jan
114% May
111
2%
Jun
2
700
30
30
25
.
<
9%
9%
450
9%
Jun
21%
250
20%
Jun
13%
13%
300
13%
footnotes
see
page
37.
Jan
25 %. Apr
„
I
Natural
American
Jan
200
4%
Jun
6%
Jan
Class
5,300
35%
Jun
51%
Jan
American
%
%
300
u
100
1
60
l'.-
1
80
60
Jun
Jun
<Juns„v?
1%
1%
966
Amer
Jan
$6
Jan
-Jan
,
Co—
2
*
*
—
Gas
Potash
& Chem
class A
B
Republics
Seal-Kap common
Superpower Corp common
series
preferred
American. Thread
fi t-
3%
35
21%
preferred-'.-;—i
3%
j-
-
7%
15% Mar
Jun
3
-..•100
Jun
5%
7%
9,500
35
22%
Jun
10 V*
Jan
Feb
41
Jan
25%
34
,
Jan
Apr
17%
Jan
30
Jun
31
50
23%
Jan
28% Mar
23%
1,100
22%
Jun
28% Mar
21%
3,700
20%
Jun
25%
3%
100
2%
Jan
%> .i. ft
74
>76
16.30Q
4%-'i4%
J70O
21%
30
23%
23%
22%
20%
/.
100
30
•
*
10
2
10c
*
3
7%
—25
Co
preferred
4%
—1
Co
Metal Products common
American
6 %
^—25
20%
3%
32,200
100
650
>
;
,
58
Jan
Mar
Jan
3% Mar
7/e
% Mar
80
:
4%
4% May
I
For
Apr
13%
»
Apr
34 %
Feb
Jan
20%
Jan
31%
27%
32%
30
Feb
15%
37%
500
17%
112
6% May
Mar
6
800
40%
39%
112
2%
6%
16)
Maracaibo
Meter
36%
..
Mach
Mfg Co common
American
35%
1
Range Since January 1
Shares
High
Changed to-
American
98% Mar
GO
Co
Rubber
Laundry
Low
Light & Traction Co—
(Effective June
American
Jan
48%
96%
•,
T
—
Hard
American
American
American Bantam
100
10c
__1
1
25
20
preferxed
convertible preferred..
4%
•
com
preferred
American
t
Mar
45%'
21%
*
•
common
—-
$2.50
t
5%
,
14
■
47%
common
Electric
convertible
t
}
Apr
2%
'
-r- —
4% %
1
•
10
American General Corp common
American
J
— —
&
Sales
for Week
.
'
Aluminum
f
Jan
95% May
6
& Hoe
Gas
$2
3%
1
•
Jun
80
75
,
4%
10
Fork
American
,
v
Range
of Prices
& Light—
Power
B
American
Jan
Jun
10% Mar
6%
Cities
American
-
80
80
1
common
Jan
8%
1
common
32%
7%
5%
5%
5%
Jun
3% May
500
5
s
1%
20
1,000
8%
*
Alles
100
800
8V4
1
4.20%
1%
■V_
—^
IIl5
..50
Inc
100
4%
1%
'
*
% May
1% Jun
1,300
20
4%
——
1
J)
Southern
Power
Alabama
Alaska
Stores
common
Inc
'
1
1
1%
20
Inc
Shoe
Surpass
Ainsworth
1%
1
Alloys
common
Stores
Supply Mfg
Agnew
%
mmrmuui
Sale Price
Week's
Last
New York Curb Exchange
Range Since January 1
"
ACF-Brill
17
Sales
Shares
of Prices
Low
Par
JUNE
ENDED
WEEK
for Week
Range
Sale Price
FOR
•!
i
5-
Jan i
May
Jan
(in.
THE
(2666)
34
COMMERCIAL
NEW
&
YORK
EXCHANGE
CURB
RANGE FOR WEEK ENDED
Frfday
Week's
Last
STOCKS—
Range
Sale Price
New York Curb Exchange
Angerman Co Inc common
Angio-Iranian oil Co Ltd—
—2
1
—
4%
*1
1
dep rets ord reg
Angostura-Wupperman
Apex-Eiec Manufacturing Co
Appalachian Elec Pwr 4%9& P*d
Argus inc
8%
Arkansas Power A
Cities Service common
Mar
City -Auto Stamping
City A Suburban Homes—
-•
*•
Feb
Jun
100
103%
Apr
1%
Jun
3%
1%
2%
8
7%
8%
7,100
7%
8%
25,300
10%
10%
100
6%
.
Jan
5% Jan
Jan
"6
1,000
Clayton A
1,900
14%
Jun
19%
Jan
21 (4
Jun
23%
Feb
Colorado Fuel A Iron
Jun
8%
Apr
—£1
•
—•
Associated Tel A Tel class A
Atlantic Coast Fisheries
Atlas
—80
-,
18 %
38 %
4,300
1
12%
10,000
3,200
45/g
209
4%
51(4
Jan
Jun
6
4%
21%
Jan
8
300
10 %
11
Vtc ext to
11%
Mar.
1%
preferred
35
35
—I
Jan
Continental Car-Na-Var Corp
Continental Fdv A Machine Co
7
6
6
8,900
5
May
6
3%
16,400
3
Jun
6
Jan
14'/a
100
14'/a
Baumann (L)
A Co common....*
10%
10%
Beau-Brummel Ties common.....
Shoe Corp
—
Bellanca Aircraft common
IV2
1%
35%
35%
35%
6%
6%
6
13% Feb
5%
Feb
175
10%
Feb
.
„
39
Blue RldgO Corp common
•.
Blumentbal (8) A Co common
35(4
Jan
x45
Apr
6% May
14%
7%
9
12
2%
3
7,600
27
2% Feb
Jan
Mar
74
Feb
13%
5
•
16(4
„
~*
15(4 Jan
3% May
18
900
Feb
100
21% Apr
13% Feb
22%
Xli'/a
15
Jan
33
33
Jun
33
33
20
20%
50
1,200
6
Jun
21% May
19% Mar
IV2
IV2
11%
Jan
Jun
11%
Feb
1-%
1
io-
Apr
8%
Jun
10
..
si
class A
Apr
Jan
3,500
3%
Xl4%
'•
100
•
•
Jan
16%
gi
Amer dep rets ord
reg
7
3%
%
'
,
Jan
Apr
15%
<
•,
21%
2
Jan
23%
Apr
Jun
2%
Jan
\
21% Mar
m
1%
—-
Brown Forman Distiller*
,
cum Junior pfd
tl
Brown Rubber Co
common....
i
Bruce (E L) Co common
_T_T""Yio
Brack Mills Ltd class R
' <
9%
8%
9%
800
4%
4%
4%
2,200
7%
7(4
7%
1,500
8%
Jun
10%
4%
7%
Feb
5%
9(4
Jan'
■
Xl5
,
—
xl5
100
14% May
Jan
4%
10"%
..
Buckeye Pipe Line
'
Bunkwr Hill A Sullivan
Burd Piston Ring Co..
J.flo
i
Burma Corp Amer
dep rets.
10%
200
5 !
t
Jan
Jan
20% Jan
5
May
11% Mar
Apr
*
13%
12%
14(4
6%
6%
.HZ—
%
.........^.Illfce
Burry Biscuit Corp
10%
Jun
2%
12%
7%
550
%
.9,200
2'/a
A
2
1,500
6,500
1(4
Jun
22%
6%
Jun
Jun
Jan
Jan
12%
f6
common
.
...sos
Feb
% Jan
2% May
Calamba Sugar Estate....
Calgary & Edmonton Corp
4%
i
•
__
"■
8% Mar
5% Jan
3%
4%
400
3%
3%
4,800
3%
Jun
7% Feb
—
*"*"*"
i
~6%
~6%
~6%
400
III
■
19'/a
19(4
19 (4
50
Feb
7% Mar
19(4
6%% preference
g$
Canadian Canners Ltd
common......*
23
Mar
Feb
22
Jan
24(4
•
Jun
20%
"•
common
7(4
6(4 May
Jun
24%
Jun
.
.
Convertible' preferred.
Canadian Industrial Alcohol'
7(4
Jun
•
7(4
7(4
100
1
j
.
Capital City Products common
Carey Baxter A Kennedy Inc.
r
1 (4
3,300
1
Jun
100
12
May
12
~~i
"* '
Oarreras Ltd—
7(4
7% May
400
2(4
2%
900
44%
44%
300
109% 109%
•
I"*
i
"
ord
12
25
7(4
...2.80
Carolina Power A Light
$5~pfd—
Carr-Consolldated Biscuit Co
Jan
1%
Jan
2%
2%
2%
21
Jan
8%
Apr
2(4
Jun
3%
Apr
40 %
109
Jan
Mar
2
48
Apr
111(4 Mar
Feb
4(4 Mar
12% Feb
1,900
qi
13% Mat
Casco Products common
Castle (A M) & Co
Catalln Corp of America...
4%
4%
200
x4% Mar
3%
Feb
ZllB
£i%
24%
ICO
24(4
Jun
—i
3%
3%
800
2
i
•
Central Maine Power Co—
Mar
2
lop
Central Ohio Steel Products
Central Power A Light 4%
i Central States Elec 6%
76%
I
.
76
10
10
pfd.
.100
preferred
100
preferred
joq
Conv pfd opt dlv ser
Conv pfd opt dlv ser 1929-.
5
4% Jan
74% May
9(4 Mar
85% Jan
58%
6%
57
60
79% May
100
125
5%
430
Feb
70%'
common..
Feb
55
page 37.
Jun
103%
2%
Jun
3 "A
600
xll
% May
10% Jun
23%
&
100
May
3
Jan
3
6%
6%
10%
Jan
Jan
600
4%
Jan
5(4 Mar
15%
300
14%
Jan
5'%
2,000
"4%'.
33
•
.
3oy«
7,100
12
2,400
-
1,800
%
28%
1—
5%
5%
6
6
"200
2
300
1%
400
1 %
Jan
600
3%
62
60
15%
xl5%
50
16 V8
30
4,000
10%
Jan
2%
Jan
4% May
65
May
Jan
17%
11
>
Jan
106
May
8% Mar
Jan
6
Apr
Jun
14(4
Jan
28% May
5% Jun
150
33%
Jan
10%
5%
5%
200
6
Jan
1%
1%
200
1%
Jun
3
Jan
,22%
23%
30
22%
Jun
32
Feb
400
0%
Feb
8
Jan
900
9% May
x6%
7
10%
10
10%
10%
10
11
11(4 Jan
Devoe A Reynolds class B
Distillers Co Ltd—
Amer dep rets
Dobeckmun Co
132
ord reg
19%
Apr
7%
Jan
9%
Jan
1%
>/-
15(4
100
1%
19%
500
1% Jun
2%
18
-
10
4,000
900
18
3%
3%
7,600
Draper
11%
12
400
~9%
*
Corp.—
Jan
3(4 May
"9%
100
Jan
Jan
11%
-*
Jun
14%
Jan
22(4
Apr
33
PO
Mav
23
Duke Power Co.
Jun
74
—10
May
10(4 May
65
Feb
9% Mar
•
Driver Harris Co.
Feb
10%
2%
20% Mar
88
Dominion Tar A Chem CO Ltd
Dominion Textile Co Ltd common
14(4
Apr
6% Jan
600
8
3%
Jan
26%
1
•
Dominion Steel A Coal class B
,7%
:8
Jan
12
13
1
Jan
23%
Jun
9% Apr
CI
common.——
May
Jun
7%
*
Domestic Credit Corp class A
Dominion Bridge Co Ltd.
134
Jan
7%
10
Detroit Steel Products
"Feb
32%
79
Jan
May
Dunlop Rubber Co Ltd—.
Amer dep rets ord reg.
Jtl
Duraloy (The) Co
Durham Hosiery class B common..
7(4
6% Apr
-1
2y8
.1
2%
100
9%
•
9%
25
3%
3
Feb
2% Mar
Jan
11%
9% May
800
3%
11%
1%
800
11%
3
•'
Jan
5(4
Feb
12 »/2
Jan
4(4
Jun
lo% Mar
prior preferred,—
preferred
100
Eastern Malleable Iron
3
/pr
64%
325
62
Jun
,77
Jan
Feb
61%
66
525
61%
Jun
75
Apr
3%
3
101
8%
1,600
62
*
4%%
64%
88
—
—
Eastern States Corp.
1%
37% Mar
37»*> Mar
—
1(4
1%
900
2%
Jun
Jan
51
—
.
Com shares of beneficial lnt
.
l
52
75
51
Jun
63
Jan
39
43
325
39
Jun
54%
Jan
12
$7 preferred series
$6 preferred series B—
Eastern Sugar Associates—
12%
600
11% Mar
13%. May
250
60
Mar
66% May
63
x6 (4
200
12%
13%
64
x6%
63%
Electric Bond A Share common——I
13%
32,900
10
5% May
10%
Jail
15% May
Feb
'
Electrlo Power A Light $7 2d pfd A—*
Option warrants.——
Electrographlc Corp common.
—
——
—
1
Empire District Eleotrle t% pfd—.100
Empire Mlllwork Corp■
-1
Emsco Derrick A Equipment
8
Equity Corp common
10c
$8 convertible preferred
1
Esquire Inc
1
Eureka Corp Ltd
1
Eureka Pipe Line commoru—
18
Pslrehlld Camera A Instrument
Engine A Airplane
First York Corp common.
Jan
$2 dlv cum preferred*
Flshman (MH) Co—
67
May
3
Apr
'
8%
96%
May
6
Jan
8"% May
9%
Jan
13% May
96 J/2
-r—
8%
174
3,200
— —
-
8%
Feb
.140
—
—
96%
30
5%
5Va
200
11%
11%
300
'
101(4
Jun
Apr
'
Jun
5
7%
Apr
13%
Feb
11
Apr
"
1% Mar
1%
1%
-1%
,31%
>4%
31%
31%
75
31
Jun
35% Feb
4%
4%
500
4
Mar
47/s Mar
%
&
7,900
1% Feb
ft
y4 May
4,800
14
15
15%
12%
16
3,700
3%
4%
21,300
3% Feb
8.%
9%
2,800
;
200
Feb
16%
12% Feb
4%
9%
«
Jan
18
Feb
15
Jan
6e to $1
Amer
4
Jan
7%
Jan
10(4
Jan
Amer
Apr
l
1.
*
10
1
2%
25
25
59
30
2%
25
14%
Stores.
dep rets ord rsg—
4
Jan
400
25
15
200
5(4'Mar
Feb
57 J/2
65%
Jun
Jan
2%
Jun
2%
13% Apr
Jan
25
Jun
33
Jan
14%
Feb
16
May
5%
1,800
4(4 Jun
18%
J/4
4%
1,300
17% Feb
21
20
-fl
18
Class A non-voting
Class B voting.
Ford Motor of
23
%
3.400
Feb
dep rets bearer
Brewing Co
Brewing
%
525
10
Jun
13%
Jan
Fort Pitt
150
57% Mar
64(4
Jan
Fox (Peter)
■
12%
350,
11%
Jun
17%
Feb
Franklin Simon A Co Ino common—.1
7%<
7%
400t
Jap,
10% Mar
6%
7
600"
4(4%
Fuller
conv
preferred—
'Geo A)
Mar
Jan
Feb
France-~
60
9 %., Mar
57'/a
.10c
8 V8
Ford Motor of Canada-
Jun
36%
—
Ford Motor Co Ltd—
Jun
Jan
13(4
Mar
5
2.B0
1
Apr
'
2%
.,
Jun
Jan
Apr
8%
5% Mar
.....—*
Feb
6(4
14% Apr
102
Jan
IV2
5% Mar
5% Feb
11%
~1%
——
6%
6
1
Jun
3%
8
•
11
t'
41J/8
Jun
D
100
6
Jun
II
3%
—100
(Mo)
3% Feb
ill Jun
4
Davenport Hosiery Mill*—
l.BI
Davidson-Brother* Ino common——1
Day Mines Inc
10c
Dayton Rubber Co class A—
88
Dejay Stores common
—80c
Dennlson Mfg class A common
1
8% debenture.—
100
Derby Oil Co common
—8
Detroit Gasket A Manufacturing.
1
Detroit Gray Iron Foundry
—1
1,300
j
Jan
42
Jun
3%
Crystal Oil Refining common.—
$6 preferred
—1°
Cuban Atlantic Sugar common
—8
5% preferred...
Cuban Tobacco common.;
28%
M
26o
Crown Drug Co common
Jan
,
16(4 Mar
6% Apr
4% Feb
31
225
3% Jan
28%
59
11%
Jun
•
10%
4
Mar
Jan
15%
-v.
~T""
Crosley Motors Inc.
I
Crowley Mllner A Co.
Crown "Cent Petrol (Md)
Crown Cork Internat'l "A" partic
7% Mar
2%
6%
Jan
14
-te
5
Croft Brewing Co..
35 V4
2%
Jan
Jan
8%
4%
Creole Petroleum.
Apr
7(4 May
9% Jan
5
,1(4
28(4
1,400
31
May
Jun
900
7%
-
Jun
7% Jun
"%
receipts (ord reg)_*l
American dep
Jan
7(4
g
70%
2,500
18
May
Courtaulds Ltd—
7%
Feb
io
;,
2,900
2%
)'e
5
15
Feb
i
77%
7%
31
88%
5%
2.80
z8
*
Fansted Metallurgical
Fire Association (Phlla)
5%
I_2
Chesebrough Mfg common
Chicago Rivet A Mach
Chicago A Southern Air Lines
Voting trust ctfs.
5%
__io
common
2,100
10%
—1
Fairchild
jo
Chamberlln Co of America
Charis Corp common
9%
Jan
3% May
50
May
(4
12(4 Mar
9% Jan
Jan
100
I
1/64 Jun
600
Feb
4%
36
..100
Century Electric Co common
Century Investors Inc
see
104
+
Mar
'
8.50% preferred..
For footnotes
9%
Jun
2s 6d
Cherry-Burrell
-
7%
Amer dep rets B ord
Carter (J W) Co common
Conv preference
Cessna Aircraft Co
Jan
inn
Carman A Co.
...
Carnation Co common—
7%
10%
'
1%
rets A
Jan
,
Canadian Industries Ltd—
Amer dep
100
87,900
10%
2%
$6 pfd shares of beneficial lnt—1
Easy Washing Machine Class B.
*.
•
preferred
Canadian Marconi
170
.104
1/64
..
•
—
Class A voting—
Class B non-voting
Apr
10%
1
Eastern Gas & Fuel Assn com..
Jun
3(4
3%
8
67% Apr
114(4 May
58% Jan
Jan
Ml
Ltd".
Calif Cotton Mills Co
California Electric Power
Camden Fire Insurance.—
Canada Bread Co Ltd
Canada Cement Co Ltd
2% "Jun
—
American dep rets 6%
pfd.
Jun
Jan
70%
-80
Feb
Apr
109
80
Duro Test Corp common..
Duval Texas Sulphur—
Cable Electric Products
Cables A Wireless—
6%
32%
50
104
7% Mar
Jun
600
Jun
Jan
33
500
28%
5% Mar
2,800
1
*
Curtis Lighting Ine common
Jun
210
Feb
61
10%
convertible preferred.
Curtis Mfg Co
Apr
6
6%
60 Vb
4
Xlll% 113
*
Jan
5%
14
40%
6%
6%
J
Inc
Jan
23%
62
>
3%
Jan
33% Jun
May
50
27
5%
Power
Jun
Mar
200
5%
27
13 Va
Ltd—
•
70
•
IIIZI"
^®P rets ord bearer..
Columbia Power
%
as
£
dep rets ord reg
Class B
Apr
6%
5%
Oil Co
British American Tobacco—
i.,
Jan
175
.
Ceianese
Apr
9
38
100
,,
British-American
British
37%
Jun
Jan
11
2%
...
—
Feb
6%
26(4
13
Class A
*mw
200
JL_IOO
Corp common
Bridgeport Gas Light Co
BrUlo lffg Co common
Apr
—
39
€14
e
A*
Breeze
Jan
2
10 Vu
i
Bohack
Brazilian Traction
Light
Jan
10
Jan
1%
33%
600
7
39
....
(H C) Co common
5** prior cum pfd
Borne, 8crymser Co
Bourjols Inc
300
—
....
common.
5%
Mar
8% Mar
Bell Td Of Canada common
Benrus Watch Co Inc.
Benson A Hedges common
Blauner's
14
4% May
•
,,
Convertible preferred.
Blckford's Inc common,
Blrdsboro Steel Fdry A Mach Co
7% May
800
6
Beck (A 8)
,
16(4 Jan
Apr
4%
250
10
Reynolds common
$1- preferred class A
Jun
3%
Barlow A Seellg Mfg—
$1.20 convertible A common....
Basic Refractories Inc
,
Feb
4%
Jun
29%
Smelt Ltd—.1
15%
8%
Jun
%
28(4
Corp-^_
Jun
36% Jan
8% Mar
3%
6,500
100
Cosden Petroleum common.
50
1,800
1
9%
Consolidated Royalty Oil—-
32% Mar
2,400
Apr
3%
4%
104
Corroon A
..
Apr
7%
4%
113
Cook Paint A Varnish Co
Baldwin Rubber Co common..
Banco d* los Andes—
American shares
Barium Steel Corp
5%
Jun
1,150
32
Apr
Feb
55% Mar
Jan
Jan
4
%
(
25
Jun
12
3%
2,300
34%
_l
Jan
41
Jun
4,500
4%
3%
—7—
Consolidated Mining A
1
33%
-100
5% Jan.
"4%
,
'60%
O.
Jhn
•
,r
,
'
Utilities.
Consol Liquidating
Mar
4(4
34%
.100
...
Gas
22
Jan
~4%
3%
..1
3%
May
5% Mar
r-M1
2
500
25
.21
—
1958
4%. preferred series
Rights
Consolidated
Coro
44'/a
Apr
——«
10(4
300
41
Feb
34 J/2
%
Cornucopia Gold Mines
44 %
8
■
4%% series B preferred
Jan
B
Babcock A Wilcox Co..
Baldwin Locomotive—
Jun
1
warrants.
23
—
10%
5%
Consol G E L P Bait common
Jair
5% May
8(4 Jan
Jan
6% Mar
"5% ~b%
8
200
•
*
Avery (BP) A Sons common
9% preferred
Ayrshire Collieries Corp com.—.
Jan
Jun
5'%
-
10
Community Public Service.
Compo Shoe Machinery—
Jan
3%
4
4%
11
12 »/2
..1
22%
11
4
Plywood Corp..
Automatic 8teel Products Inc
Automatic Voting Machine
%
Feb
16%
100
39
Feb
A Mar
500
2%
2'/3
7%
Jan
1% May
38% Jun
200
V#
»•
17
.2%
—1
Atlantic Coast Line Co
Atlas Corp warrants
7
——
—
2
4%
Commodore Hotel Inc
U-
Jun
•'
Colt's Manufacturing Oo—
Associated Electric Industries—
American dep rets reg
Assarlated Laundries of America
1%
22%
Colonial Sand A Stone Co
3,100
3,100
6%
19,400
Airlines.
15%
7%
Mar:
1%
^
21%
7(4
Mar
17
1%
1%
Development ordinary-
14%
.
13
Jun
200
*•'
21%
7%
Jan
14 V2
2V»
Cockshutt Plow Ob common—
15(4
1
10 y8
13
15
2%
Co
21%
preferred—
Aspinook (The) Corp
cons
100
Jan
13
Lambert Mf|_
Club Aluminum Products
Colonial
Jan
13%
1%
14%
CJllncbfleld Coal Corp common
Apr
12%
48% May
14'/2 Apr
5%
Jan
8%
Jun
Jun
Feb
400
13
1
Jun
Colon
High
%
38 y8
800
43
1
Mfg Co
Claude Neon Inc common
Jan
10% Feb
114(4 Mar
Jan
113(4
Clarostat
Low
400
18,800
%
40»/4
42
Range Since January 1
1
Controller Co
Clark
9% May
9(4 May-
5%
10%
——
~6
17% Feb
3% May
2,500
5
2
8(4
Jun
2%
700
%
-1
Shares
High
Low
10
8
8(4
107
5
106 J/2 107
107
1
Ashland Oil A Refining Co.
$1.20
200
-ft-
*
1.80
Light $7 pfd
Aro Equipment Corp
—
Chief Consolidated Mining
Feb
for Week
Range
of Prices
Par
High
6% Apr
5% Jan
5%
15
—10
preferred
4%
~5
•
•
Common class A non-voting
Sale Price
4% Mar
2,700
»v~
1
IOC
1
Arkansas Natural Gas common
Last
New York Curb Exchange
Range Since January X
Low
5%
5%
Amer
Shares
High
Sales
Week's
Friday
STOCKS—
7(4 Feb
8
American Writing Paper common
Anchor Post Products
JUNE 1?
Sales
for Week
of Prices
Low
Par
Monday, June 20, 1949
FINANCIAL CHRONICLE
Cto.
1
1.28
%
Apr
Jan
8%
1,000
10
Jan
6%
7%
900
6%
Jun
9
Apr
8
8 1
500
8
Jan
8% Mar
24%
200
23% Mar
1,200
,7'A.'Jun
8 J/8
6%
%
.
—80
24%
-I
7%
8
8V8 May
s
25^ Jan
...
,9%. Apr
SHE
Number 4813
Volume 169"
COMMEKCIAL
NEW
&
YORK
FINANCIAL
CURB
Week's
Friday
Last
STOCKS—
Low
Par
High
Last
STOCKS—
Ranges Since Januar y 1
Low
.
New*Fork Curb
0{ '
Sigh
14% Mar
-ioo
irf* preferred—.
4'/,
200
1
IVB
200
2%
2%
800
X22% X22 Va
150
2%
•
General Electric Co Ltd—
5%
5'/a
5%
3'/a
General Phoenix Corp—
...1
General Plywood Corp common—__50c
General "Public. Service $6 preferred
Georgia Power $4 preferred
00
.
Co
Glen Alden
2 Vb
1,600
105 %• 105%
3%
2%
10"
Jan
12
Mar
18%
20% May
7% Jan
1274 Mar
5-
5
Jan
Jun
Jan*
,/:100
.:
-
May
Mar
116
Jun
106-%
Feb
4
Jan
•5%
Apr
18%
Jan
10
Jan
9% Jan
16%
14%
Ino
9Va
—8
Gobel (Adolf) Ino common
a
—
9%
14- :
Bi-*-L—-1
Glenmore Distilleries class
500
600
1%
1%
...1
4,900
14 Vr
16
1%
16
1%
100
,
...
%
%
%
-50'
Gorham Inc clasoAt.
3%
3%
Gorham
Mfg common.
Graham-Paige Motors 8%
'.10
...
conv
Gray Mfg Co.—.
...8
6
5/
10%
Non-voting
stock.
common
5%
49%Mar
62%
...
Jan
Jun
5
Jun
8
Jan
7
Feb
11%
Grocery Stores- Products
103%
Feb
Gulf States utilities S4.40
pfd
175
7%
106% 106%
.100
'32
142
200
6%
100
300-
574
101
-30
8%
Feb
106% Mar
Fen
13%- Feb
Gypsum Lime & Alabastlne
7%
13%
Apr
107/a
18%
117/b
11%
12
7%-
12
400
11
Jan
15%
1,000
G
Jun
1,200
8% Jun
8% Apr
12% Feb
1,450
1% Feb
8% Mar
Va
*
9%
9
9%
.
8%
9%
600
300
39%
40%
150
8 %
8%
8%
1,300
1
3%
__
3%
26
26
300
40%
40%
134
Jan
31
100
Jun
May
40%
20
31
Jun
11
Jan
Apr
3% May
31
Jan
17%
Jan
42% May
20%
l
77/a
21%
8
30%
144
Feb
32% May
109% May
3,800'
77/e
300
Feb
17%.
17
8,400
16 %
Feb
111% 112 Va
40
111%
Feb
20% Jan
113
Feb
12%
12%
700
1174 Apr
14% Jan
6 Va
6 '/a
13%
4,300
12%
!■
Manischewltz
200
6Va
107a
Jan
13
13%
13%
200
Feb
25
.10
Apr
Jun
.1
(The B) Co—.....
International
McCord
Corp
0 ■■
3
.:
$2.50 preferred
(A G) 8t Co class B.
Mead
1
Co
preferred.
Illinois
Zinc Co
Metal Textile Corp common.
4
Apr
81 Ireland...!
...
1%
1%
1%
7,100
6
Jan
Mid-West
Jan
Midwest
—6O0
10
16%
Jan
2%
100
Midwest Piping & Supply common.—•
Mid-West Refineries...
1
~2%
12%
300
Feb
2
11%
Jun
2% Mar
18
Jan
Co
8O0
00
Miller Wohl Co common.—
3,300
13%
Feb
14%
15
600
14 %
Feb
17% May
17% May>
12
12%
300
11%
Jan
127b
97/b
100
97/b
Jun
12 Vb May
15
147b
Jun
97/b
10
•
98 Va 101 '
983i
'
•
'
'
——<
mm
-
—
——
6V4
6V4
•
88 %
-
Jan
98
Apr
98%
300
Jun
1107b
Feb
10%
2,700
__
52 Va
52 Va
*
50
'
50
International Metal Industries A.
International Petroleum coupon shs
94%
9474
Jan
12%
Apr
—
International Products
International
Safety Razor B
International Utilities'
Investors
10
common
9V4
;
pfd-.—
pfd series B
Producers
—
Mountain States Power common
Mountain States Tel 8c Tel
May
207a
Feb
22
Feb
Mt
400
6%
Jun
11
Jan
Murray Ohio Mfg Co—
6V4
Jun
11 Va
Jan
874 Mar
11%
Apr
''
9 V2
300
ill
300
1374
1,400
% May
Feb
127a
1
Jan
15
1%
1%
800
47b
47b
300
ih
U
300
vtc
mm,
'
Irving Air Chute.
Italian Superpower Corp com cl A
.1
*
-
I
,
■
1%
Feb
14% Jun
37a Mar
'
7b
Jan
Vernon-Woodborry Mills
Muskegon Piston Ring common
Muskogee Co common..—
Muter Company common
Preference
Julian &
Namm's Inc
common..
17b
"
300
17/b
Jun
3%
Jan
5%
500
4%
Feb
6%
Jan
3%
Jun
5%
Jan
3% May
18% Jun
4%
Jan
20%
Jan
1%
*3%
•
Kokenge Co
2%
'
500
•
Gas
National Mallinson Fabrics
National Mfg
Kalser-Prazer Corp
Kansas Gas & Electric 1%
Kawneer Co
1
pfd..
4%
4% Jun
17,100
123 y4 Mar
.100
__j0
12%
Z.I
Inc
10 y8
11%
150
.6V2
6%
200
Feb
9% Jan
127
May
13f% Mar
Jan
10 V9
Kldde (Walter) & Co
Jun
6%
Jun
9% Mar
9ya Feb
10 %
0
Key Co common.
4%
12V4 Mar
13
Kimberly-Clark Corp—
-preferred;
cumulative
;
preferred.
King Seeley Corp..
Kingston Products.
Klrby Petroleum.
Kirkland Lake G M Co Ltd—
_•
150
103 Va
104y2
20
4%
.100
Kings County Lighting common.
4%
1,700
32%
32 '/a
16%
.1
16 y4
33
103
Mar
3% Jan
26% Jan
350
'
15
Feb
16%
600
27b
1,900
2
9%
9%
3,500
9% Feb
1
1,'r
2,200
1
'
.1
2y8
2
.1
9%
u«
1
Jun"
Jun-
4%
Jan
19Va
Jan
22% May
3% Mar
Jun
7%
Jan
100
297b Feb
32%
Jan
500
7% Jun
10% Jan
63/4
50
90
"2 Va
250
30 Va
Feb
Apr
8V4 Mar
Jan
3Vb Mar
Jun
95
Mar
10174 Apr
89
900
17774
4
6% Jun
1,400
"2%
97
30
2%
700
2%
Jan
Feb
100
.
98
27s
May
Apr
23/4 Jan
297/B
30
350
29%
Jun
Jun
Jan
Feb
14% Jan
33 % Feb
99
99
10
977a
Feb
10374 Jan
18
19*
200
17
Mar
22% Jan
24
Apr
28 % May
176
30%
167% Mar
3Va
Jun
37%
3%
800
1074
11 VB
2,500
37B
Io3/4
Jun
4%
277B
8%
87B
400
IIV2
1174
—19
—JOs
400
7Va
103/4 Jun
600
200
27
27%
7
178
30%
'
100
Mar
National Rubber Machinery
National Steel Car Ltd
(Herman) Corp—
Neptune Meter common
NesUi Le Mur Co class A
27/B
31%
Jun
IOVb
Jan
11
Feb
13%
Jan
7
Jun
12%
Jan
Jun
13
Jan
8%
Apr
New Process Co common——.—
Apr
N
Y Auction
17
Mar
N
Y
*'*3"
Jan
NY
12%
Jan
m" V
1%
Jan
Co common
Rosario.—
Honduras
Merchandise
Founders shares
23/4
307a
27/B
31%
10 Vb
300
Mar
5% Jan
6,500
2% Mar
3% Jan
110
29 % Mar
337* Apr
3
600
34
1
30o
9 Va
Feb
10,000
87b
Jun
97a
67s
9 Va
500
6%
Jun
10%
Jan
200
6
May
9Vb
Jun
6%
6%
1,000
Jun
10%
9vb
6%
6%
6%
Jan
63/b May
9
7%-May
87b Mar
1774 Mar
100
18% Apr
3% Mar
4% Jan
3
Apr
2% Jun
"5% ~2%
3,100
13%
13%
200
13%
Jun
5%
5%
200
5%
Jun
80%
80%
82%
310
787b May
I'/b
n
ivb
1,300
Jun
~2%
6%
3
Feb
Mar
3%
3V4
3%
50
54%
52%
55 Va
4,000
51
Jun
6%
6%
67/b
4,900
6
Feb
1%
.
1%
3,400
,
1V4 Jun
Apr
8%iMay
26%- Feb
10
Jun
65
•
28
rt——
28
X28%
10
10
Corp—
1
Jan
87/a
6%
—®
10 1
34
8%
6%
5
—...———10 y
Jan
6%
87/b
16
*
England Tel & Tel
100
Net/ Haven Clock Ac Watch Co
1
4 -/2% convertible preferred^.——-20
New Jersey Zinc—.—
—
25
New Mexico 8c Arizona Land
1
New Park Mining Co
1
5%
33%
10%
4
4
*
1
New
8c
10 Vb
J
1
•
-1
common—2
-4
Nelson
4j/4
16% Feb
7%
89
"2%
8c Stores common
National Pressure Cooker
National Radiator Co.
National Union Radios
K
4%
1
•
2.50
Apr
25
30 Vb
2%
2%
20
preferred
National Transit common
Kennedy's
10
*
—100
2% Jan
lOVa May
93 Va
.100
1
67b
1,300
May
Feb
Apr
8% Apr
N
1% Jan
5%
2%
1
7
Jun
2Vb
2,600
7% May
8% Feb
32 Vb
7%
6%
10
Nachman Corp
National' Fuel
l
19
Jan
6% Apr
7%
.1
167b
'OU
2%'
Jan
24
1% Apr
17
National Breweries common—
Jim Brown Stores common
500
16%
iy va
Feb
97b
17b May
May
National Bellas Hess common
Jeannette Glass Co common....
Jefferson Lake Sulphur Co
Jan
5%
30 Vb
6%
'■
Royalty.—
Iron Fireman Mfg
Jun
3%
2 Va
.100
—
Montgomery Ward & Co class A-i.
Moody Investors partlo pfd
•
Morris Plan Corp of America
10c
Mountain
9
200
16%
"7%
—1
Monroe Loan Society com class A~,
58
j9c
13 Va
*
cum
Jan
13%
*
cum
4.80%
450
3%
67b
—~
•
6%
shares.
4.40%
Juri
9%
iyJ/2
Corp
Monogram Pictures common
Monongahela Power Co—
47
'
Registered
Molybdenum
Jun
Mar
3%
3%
Abrasive
Feb
9
22%
Jan
International Cigar Machinery
International Hydro-Electric—
Preferred $3.50 series
1%
22V4
*
•
Jun
Feb
Insurance Co of North America
6vb
9
Jun
474
94-%
7s May
5% May
Jan
7
5,000
Apr
10 V2
Indianapolis Pwr 8c Light 4% pfd__100
1,200
~6%
1%
Jun
__£l
:
1,800
6 Va
7
~6%
10%
Imperial Tobacco of Great Britain
*
Jun
29% Jun
25
57b
,
6%
6 Va
100
4 % Mar
•
600
7
1%
500
'
6%IVb
•
common
Oil
Mar
Jun
.0
$2 non-cum dividend shares
Mldvale Co
Mar
4%
6%
Jan
Jun
5% Apr
6
200
100
6
110
48
4%-
1
jan
Apr
2 Vb
Jan
63/4
l
974 Jan
153/4
Jan
37/b
10%
750
14%;
37s Mat *
1,200
Midland Steel Products—
400
V4
„
"4
45
•
10
...
.....
3%
4
•..
47b JUn
Feb
300
10874
"35/b
2.00
Midland Oil Corp $1 conv pia
Jan
6%
•
4%
17a Mar,
3,700'
1
Jan
4%
0
13% Jun
4%
Class B v t 0'—.
79'/a
57b
•
1,600
Middle States Petroleum class A vtc_l
21
£1
Imperial Tobacco of Canada
7V4 Mar
13%
-25c
Michigan Bumper Corp:
Michigan Steel Tube.
Michigan Sugar Co common
6% preferred
Mlcromatic Hone Corp.
Jun
17% Jan
37
Feb
32% Jan
25
.10
Middle West Corp—
Ex-distribution
Jun
Feb
200
1%
Mar
2
1174
35
"7%
4%
4%
Participating preferred.
Jun
•
common
4,900
Feb
35 Va
1%
.1
17%
47% Feb
3% May
6% May
Jun
4#
.100
Co
68%
2% Jan
Jan
Feb
57a
100"
13 V4.
13A
r-
A
Iron
274 Feb
8% Jan
27% Mar
Mfg Co..—.
Apr
Jan
38
19Vi Jan
"7%
137/b
25
Jun
2,300
13 Vb
Feb
87b
1374 Apr
14% Apr
Jun
35%
Merrltt Chapman & Scott Corp—
Warrants
0%%
900'
9
*
Mesabl
1,100
1 Vb
11%
12%
•
McKee
Menasco
~5%*
1
1
—
Mining Corp of Canada.!
*
Minnesota Power & Light 5% pfd_100
Missouri Public Service common
*
Imperial Chemical Industries—'
Amer dep rets registered—
Imperial Oil (Canada) coupon..
Registered
"5%
13%
14%-
2Va
common
MoWUliams Dredging..
&
5
13%
1Q
4%% convertible preferred
'*
Apr
Apr
474
2% Feb
4%
.10
400
12
88%
78 y4
137a
S\
common.
Johnson
Jun
Marine
Massey4 Harris common.
McAleer Mfg Co common.
6%*- convertible preferred
McClanahan Oil Co
31
.
2%
f.
.
M
Maeklntosh-HemphiU Co.
Maine public Service. Co.
Mangel Stores common.
4
1
H May
66%
1%
__
24% May
9V4 Jan
•
%r Feb
77% Feb
10%
•
Jun
125
7,500
—
_•
May
24% Jan
975
16%
43
1
Jail
25 %
80
70 %
_•
1
26%
Jan
21% Mhr
20 V2 Jun
50
70
17%
3%
5
Mar
7% Jan
78 V4
Jan
Jun
133
106% May
70
May
26
237/e
x23
10
16%
•
13
Jun
24% May
x234
68%
5
Huyler's common
1st conv preferred.
Hydro-Electric Securities
Hygrade Food Products
May
25%
50
134
__
♦
/
48%
14
•
Co
Jun
3
200
100
Mfg
96
X8
>
15
Feb
6% Mar*
68%
74
May
8% May
39 y4
7%
_o
Hussman Refrigerator $2.25 pfd
Common stock warrants—..—
Jan
May
Jan
Feb
5%
39%
•
2274 Jan
it
10% Mar
11
Jan
200
~7%
10
(Harvey) Inc common
81 Refining,
10
Feb
Mar
~7%
_i
preferred.
9 %- Jun
93
93
100
Humble Oil
Jan
...
68
10
93
100
(Geo A) & Co new com
Horn A Hardart Baking Co—
.
Horn & Hardart common
Jan
10% Mar
2
Hormel
Jan
11
8%
....
2
400
r-
Jan
Jun
10 Va
300
68%
Jan
2,200
»"
Horder's Inc..
Jan
2%
1%
8%
Rollinger Consolidated G M
Holly Stores Inc
Holophane Co common
x50%
Jun
"9%
25c
,
Jun
IVb
1%
.
,
6%
9%
—.
9% May
17% Mar
Jun
"9%
1 %
_.
6
& Co class A
&
250
6%
oommon
5%%> preferred w Wi.
4 % preferred w w
Henry Holt & Co common...
Hurd Lock
45 %■
9
.
6%
45
•'
...
Heller Co common
Hubbell
12%
1
«...
Hearn Dept Stores common..
Hecla Mining Co
Hoe (R)
45
12
l
Hathaway Bakeries Inc.
Helena Rubinstein
Class A
12
100
200
25
.1
Hartford- Rayon common
Harvard- Brewing Co
Hazeltlne Corp.
400
5
6% Jan
4% Apr
7%r Mar
4%
x7%
4%
X7'%
A
13% May
1874
247s
.
19
.•*
Marlon Power Shovel
4%
1074 Apr
Feb
9Vs Mar
2,000
'*
Communication Co Ltd
H
8
Apr
6%*Jaa
23
•
100
Marconi
Hall Lamp Co
Hamilton Bridge Co Ltd.
Apr
6% Mar
0% Feb
Mapea Consolidated Mfg Co
Hammermill Paper common
Hartford Electric Light.
8%
Jan
Jun
19
%
Feb
387/b Mar
Jun
7%- Jun
1,800
-
111% Apr
135%' Jun
40-
1,550*
7-%
common. 25c
19%
Apt
33
32
32%
.28
6V4- Jun
preferred B ctfs of dep...
100
Louisiana Land 8c Exploration——1
Louisiana Power 8c Light $6 pfd——*
Lynch Corp
1
11% ..-Jan
6
136
136-
.100
____
1,400
6%
,
6%
Jan
800
107% 108%
108
...
:
67/b
5%
6%
,
Jan
Great Atlantic A Pacifio Tea—
7 V 1st preferred.!
Great Northern Paper
187/b
Lone Star Gas Co. (Texas)
Feb
53%
200
10%
5% Jan
1374 Apr
9v4"mar
■
LonglnevWittnauer Watch Co—
Long* Island Lighting Co—
Common ctfs' of dep
7% preferred A ctfs of dep
May
500-
5 k ,;
8%
Jun
37/b- Jun
50
'/a
6 %
j
—X
Apr
Jan
5%
ll7/s
Class B
J| Jan
Jun
•
50
300-
55
55
pfd ..28
...
3,400
1-
4
8%
19*
I
—J
l
II
1
Loblaw Groceterias class A——.
Jan
80
74% Jan
20
x75
x75-
■
%
—i
Mfg Co-.—-.
43
28v
Mar
13 % Jan
Jun
10
200
1,800
4
67b
1
■
Locke Steel Chain.
2% Jan
Jun
38% Mar
L>
$4.60 prior preferred
Goldfleld Consolidated Mines
300
4Vb
11%
11%- Jan
147b May
21
Goodman
Grand Rapids Varnish*.
Jun
9%
...
Feb
May
4%
Llpton (Thos J)
Lit Brothers
21% Jan
Jun
13%> Jan
*
A——
Apr
6%
107/b
11%
Corp common.
Ino 6% preferred—Jil
»
Lionel
10%
10
Company.
Line Material Go
28
16%
200
12
Lamson Corp of Delaware
Lanston Monotype Machine
La 8aHr Extension University.
Lefcourt Realty* common
Leonard OQ Development
Le Tourneau (RG) Ino
.15%/Peb
105 %
,**
f
50'
7y8
7™
Stores
Lakejr Poundry S Machine,
Feb
102 Via
Jan
xll2%Juh
800
20%
20V4
L'Alglon Apparel Inc
Lake Shore Mines Ltd..
35%.. Jan.
14% Mar
:
•
._
Godchaux Sugars class
Class B_.
,
25-
High
10
103/4 Mar
Brewing Co.
Laclede-Ohrlsty
6% Mar
«%.Feb
2,100
X112%X112 Va
Coal
Globe-Union
*
3'/a
105 V*
.
Gilchrist
2%
.
if/'
preferred.
Gladding McBean ft Co
Jan
Jun
5 ye
.95
*
*'
Giant Yeliowknlfe Gold Mines...
Gilbert (AC) common:
8%
1,400.
2'/4
2%
LOW
9% Feb
-10
Feb
7%-Jun
General Fireprooflng common
—-J>:
General Outdoor Adv 8% pfd—i__100
Range Since January 1
Apr
7% Apr
29%-Jun
100
Jun
.
Krueger
Shares
High
3% Jan
23%
L
£1
1
10
dep rets ord reg
—
General Finance Corp'commoaL
5% preferred-series A-—t—
Amur
-
1%
2%. Jun
22V^Feb
.
Kobaeker
Sales
for Week
»
(D Em 11) Co common..^
Kleiner! (I B) Rubber Co_^.~._
Knott Corp common..... ..
Mar
8-
4%. Jun
1.
Jun-
Low
Par
15% Apr
92 y« Feb
88% Jan
.
.41/4
-i
Gellmaa-Mfg Co
General Alloys-4 Co
——"
General Builders Supply Corp com—1
MP' conv preferred-.
28
of Prices
Sale Price
Exchange
Klein
Gatineau PowerCo common..
Week's
Range
Friday
for Week
Shares
Pieces
of
JUNE IT
Sales
Range
Sale Price
Exchange
(2667)
EXCHANGE
RANGE FOR WEEK ENDED
New York Curb
CHRONICLE
15%,
.15%, 16%
150
50
300
15%
Jun
9
Jan
May
16% Mar
6%
Feb
87%/Jan
37b
Jan
7% Jan
67
Jan
11% Apr
174
75
Apr
Jan
<8%» Jan
30% Apr
13% Feb,
20
Apr-
36
COMMERCIAL
THE
(2668)
NEW
YORK
RANGE
Week's
Friday
STOCKS—
Last
New York Curb Exchange
Sale Price
Range
Low
5%
*
1st preferred
5%
2d
Class
preferred
B
Low
28,200
10
10
—5
7%
Jan
11%
94 % Mar
250
100 V2
96 V*
V*
Jan
500
9%
Jan
10%
Apr
10
*
8 Va
8'/4
2,100
73/4
Jan
9%
93/4
600
8%
Apr
8
%
900
3/4
33
303/4
33%
900
28 y8
Apr
Apr
32 3/4
323/4
33%
700
28
11
11%
600
11
2%
1,500
Mines
•
*
•
-8
A
class
Rayon
Class B common
North
Central
Texas
2»/4
2%
86
50
C»_
RR
Penn
1%
1
Airlines
Northeast
North
Securities
Oil
Utility
American
North
Northern Indiana Pub Serv 5%. pfd_100
1
•
6V8
Northrop Aircraft Inc
Novadel-Agene Corp
.
2>/a
10
86
" 103%
103
103%
85
United
Samson
Oil
Savoy
Corp
Poindexter
1%
4,500
1
Jun
1%
Jan
Jan
25
21 %
21
21%
1,800
21
Jun
28%
Jan
*
11%
10
11%
400
10
Jun
19%
Jan
1%
200
Jun
Feb
common
Inc common
Leather
15
com
28%
28%
100
26%
Jun
313/a
Apr
83/3
8%
300
8%
Jun
9 Va
Feb
12
123/4
13%
O'oklep Copper Co Ltd Amer shares
Securities
13%
500
123/4
Jun
7.
400
6%
Jun
6%
1
14
Sherwin-Williams
Mar
14
May
Apr
11
Jan
22%
8
4%
common
preferred
5
5%%
1st
25
preferred
30%
1
Lighting $4.50 preferred.
Pacific Power ds Light 5% pid—
preferred
Peninsular1
-
Pierce Governor
Pinchin Johnson
2.50
Jan
Jun
80
Jan
41%
150
x41 %
Jun
47
Jan
25%
500
273/4
Apr
Apr
29% Mar
7
Jan
Jun
100%
Jan
34%
Ltd
—
''
50 Va
Lambert
'i—*
■
.
Pa
4.48%
8 3/4
300
23/8
1,200
2%
Jun
3%
Apr
20%
1,100
19%
Jan
22 %
Apr
113/4
10 3/4
11%
1,100
10 3/4
Jun
14%
58
533/4
58
2,600
53
Jan
1
23/8
2,700
6%
3%
12
12%
900
113/a
Jan
13 % May
143/4
14%
100
143/4
Jun
16
3%
3%
100
3%
Jun
4%
Jan
May
29%
Apr
May
27
53/a
53/8
53/4
500
226%
100
Jun
7%
Jan
Mar
2363/4
Jan
2% Mar
223
33/8
5%
223
89
89
10
88%
Feb
Jan
93
Apr
25%
Jun
26% Mar
95/8
"9%
_9%
2,400
8 3/4
Jan
12%
Apr
%
%
%
3,200
Va May
2% Jun
1V8
Jan
2%
63/4
6%
2%
"63/4
3
2%
1,000
33/8
Feb
800
6 3/4
Jun
8
Jan
300
2%
Jun
3%
Jan
Jun
36%
Jan
'
27%
25
28
25
1,800
14
May
Jan!
Jan
18
37
45
May
29%
Feb
28%
300
23
28%
28 Va
28%
1,600
28
25
25
preferred
28
27 %
28
1,200
263/4 Mar
29 %
Jan
25%
25%
25 3/a
400
23 % May
26 V*
Mar
4 Va
4%
300
28 Va
28 Va
—-1
27%
Apr
4Vb
May
30
Mar
6%
Jun
1,200
2%
200
2% Mar
3%
2%
Jun
3%
100
3%
%
Jun
5
Jun
8%
21%
23
Jan
Jan
39
28 3/a
2%
28
28 3/a
5
•
13%
Apr
8 3/3
Jan
Jun
24'/2
Jan
Feb
18
Standard
23/4
1,500
~3>ff
Apr
Jan
800
1%
Jun
1,400
10%
Jun
11% Jan
36%
Feb
39
55%
553/4
56%
330
14'
15%
1,200
3%
700
Oil
Mar
3%
3%
Apr
4%
Jan
Jun
691/3
Feb
14
25 3/4
Jan
Starrett
4%
Jan
Stein
Jan
4%
Jun
(The)
10
I*,__25o
common;
"43/4
4%
2,50
•
America
1
•
J
%
1,400
5%
300
26
100
11;
26
53/a
8%
Jan
14y2
Apr
95 Va
Jan
7%
Feb
8%
9%
200
83/4
Jun
4,200
1%
Jun
11%
1%
Jan
l3/8
7%
400
IV*
Jun
81/4
Jan
93/4
Jan
101/4
Jan
Jun
26
100
97 %
963/4
97%
400
«
97 y4
97
971/4
225
94%
*
Hi/4
12%
600
11%
5
101/4
10y4
50
5%
com
Pyrene Manufacturing
Stetson
Jun
7>/4
•
200
1 Va
7%
250
8%
83/4
1%
271/4
a%
"~1Q
preferred
Puget Sound Pulp & Timber
Pyle-Natlonal Co common
Jun
6
.
"
953/4
100%
5%
Stlnnes
Sun Ray
Jan
21V2
Jun
28%
29
8
1%
86%
Jun
7%
Jan
2V*
Jan
3%
Feb
2
Jan
2% Mar
600
3
3
2
2
1,000
.
100
Jan
2%
Apr
2%
Apr
139
Apr
4 % May
3%
33£
500
2%
Jan
69%
69%
20
673/g
Jan
75
20%
20%
100
19%
Jun
24 %
Jan
1034
10%
300
9% May
15
Jan
6 3/a
6%
800
5%
7
May
3%
-
.
6%
If
1V8
Jan
4%
Jan
Feb
12%
Jan
2%
Apr
3% Mar
1,300
10
10
Jan
Apr
2% May
200
2%
n
2%
1
10
100
% Mar
5
1
13% May
10%
II
*
11%
..
n%
Feb
10 Va
250
Jan
13 Va
Apr
41
x28
•
17
Feb
5%
Jan
Apr
14
450
Jan
Jun
4%
25c
17%
Jun
•
16%
16%
1
2%
2%
2%
500
2%
Jun
3
Jan
7%
7%
75
7%
Jun
11
Mar
IS
-
Corp
10% May
27%
27%
28
13%.
12%
135/8
Power
Shovel
260
85 Va
Jan
92%
Jan
100
1433/4
Apr
148 %
Jan
Feb
143/4 May
Light 7%
Co
Tishman
Apr
Feb
5
14 3/4
143/4
600
14%
Jun
5
9%
9%
100
9%
Jun
l33/4
Feb
12% Mar
~.7%
~7%-
200
Jun
10%
Jan
10%
11%
Jun
13%
Jan
Jan
63% May
Inc
&
Allied
Apr
128
May
120
11
__25c
I
Realty
&
Jan
15%
100
Roofing Inc
Tobacco
11%
29%
Jan
common
new
Markets
2,800
pfd
Corporation common—
Thorofare
Tilo
&
common
Jan
10%
700
•
Inc
26
1
common
•
Thor
87%
13%
Jan
6
50
6
71/4 May
148%
147
Feb
1123/g
125
*
Oil Corp
Thew
86%
31% May
Feb
6
1
Co common
Corp
Texas
—100
Feb
1%
124
Technicolor
Co
10%
28%
Jan
Jan
Taggart
preferred
Jun
1,700
6,700
1%
1%
1%
Tampa Electric Co common
common
Feb
May
19
Jan
121/4
16 Va
Apr
43/4 Mar
98V2 Mar
Jun
300
29
1
Drug common
Swan Finch
16 %
1
com
Superior Portland Cement, Inc
Superior Tool & Die Co
Jan
16 Va
—
1
(Hugo)
Sunbeam
Jan
•
.
Corp
Stop & Shop Inc
Stroock (S) St Co common
Jan
Mar
9
1,100
Jan
Jan
38
Jun
2%
•
Corp
& Co common
(J B)
16 V*
500
1
Sterling Aluminum Products
Sterling Brewers Inc
^Sterling Engine Co
Sterling Inc
Jan
Jun
11
Colorado—"
prior
a3/,
93% Mar
11
l
~ ~
class B
4%
5%
•
common
133/8 May
'
(A)
200
3%
1
*
Standard Tube class B
Jun
163/4
3%
1
Corp
553/4
Jun
16%
•
Co
% Mar
Jun
3%
-—•
Products
Standard-Thomson
3%
100
2,500
163/4
1
preferred
11%
3%
%
53/a
Va
5
5%
10
*
$7
Standard
""%
1
(Ky)
Standard Power & Light com
Common class B
Apr
2%
2%
13/4
11%
Forgings Corp
Standard
Steel Co of Canada
cumulative preferred
Puget Sound Power & Light
6%
Jan
20
Mar
18
Jan
Mar
107% Mar
1053/4 Mar
Btahl-Meyer Inc.
•
Standard Brewing Co*
2.78
Standard Cap & Seal common
1
Convertible preferred
.10
Standard Dredging Corp common
1
$1.60 convertible preferred
*.—20
Jan
1%
5
4%%
Quebec Power
60
Feb
I,
Royalty Co
Spencer Shoe Corp—*
Apr
6% May
100
50
50
1
Providence Gas
Oats
11%
Jun
10
Southland
Mar
10
1% Mar
700
ZU
11%
common_JUL.—2.50
of
Jun
59%
10%
1
"3
Producers Corp of Nevada
Quaker
8 34
Edison—
preference
conv
cum
Jan
2%
25
25
Pipe Line
original preferred
4.88% cum preferred
4.56% conv preference
4.32%
Jan
Jun
500
Jan
Apr
13 V* Jan
19%
12.50
Southern Pipe Line
43/8 Mar
Jun
83/4
183/4
100
of
Jan
3
50 Vb
—
6%
18
Co
Inc
Service
41%
Jan
1%
1
1
common—
California
Southern
shares
preferred
Metals
32% Mar
200
1,500
11
Amer
Corp of Canada
3%
51%
3%
51%
common
Polaris Mining Co
Powdrell & Alexander
Prosperity Co
350
34%
Oil
Penn
Southwest
*
2%
Pleasant Valley Wine Co
Pneumatic Scale common
Prentice-Hall
.4% Jun
,
34%
Corp
Manufacturing common
South
106% May
5% Mar
450
A
11
1
1
;
—
South Coast Corp common
2% Mar
8,000
104% 1043/4
1043/4
Boss
-
4%
8%
100
•
Manufacturing Co
Sonotone
Mar
5
Jun
1
(Howard) Paper Mills
SSolar
8% Mar
1%
7%
7%
City Gas & Elec Co—
preferred
Smith
Apr
Jan
2
£1
Solar Aircraft Co
Jan
5%
23%
common
Pitney-Bowes Inc
I
Pittsburgh Bess & Lake Erie RR_
Pittsburgh & Lake Erie
,
Pittsburgh Metallurgical common
•5
15%
3
200
•
Pioneer Gold Mines Ltd
Piper Aircraft Corp common
Public
Jun
29
x41%
Philadelphia Co commonPhillips Packing Co
Pressed
Jan
600
23/8
•
8,90%
Jan
4
3%
A
1
5%
-~w
I
Pharis Tire <te Rubber
&
24%
19
■
•
—I—2$
(Mass)
Perfect Circle Corp,
Pratt
Apr
May
3
500
2.50
Pep Boys (The)
Peppercli Mfg, Co
1st
Jan
Jan
'
Co
Penn Water & Power Co
6%
3%
7%
100
11%
17
50
500
—•
pfd-
Traffic
Power
113/4
29
1
Jun
11 3/8
250
3%
25
common
Apr
6 3/s
'
41%
•
Feb
38%
Jun
14%
«...
23
25%
Apr
13/4
Feb
3%
100
Sioux
78 3/4
2%
Singer Manufacturing Co Ltd—
Amer dep rets ord regis
Mar
May
20%
Singer Manufacturing Co
May
75
20 Va
—
98
19
11,100
11%
'
■
Jan
7%
16
""
_
Jun
Feb
39,700
20
11%
•
I"
Jan
101%
Jan
2%
6 3/a
20
1
common
323/4
Jun
38%
...
15%
2
Telephone
Apr
Feb
2%
3%
•
Simplicity Pattern common
Simpson's Ltd class B
Jan
Jan
233/4
63/4
Ltd
8%
36
15
94
200
17%
2%
1
Penn Gas Sc Elec class A common
Penn Power & Light 4%%
Penn
29%
100%
*—
IIIII5
Corp
300
200
„
2%
$1 cumulative preferred
$1.32 cum preferred
Pennroad
31
X17
1
_•
Co
Co
Jun
Apr
*
Parkersburg Rig & Reel
Patchogue Plymouth Mills
Patican
63/a
32%
1003/4 101%
•
Page-Hersey Tubes common
Pancoastal Oil (CA) v t c
Pantapec OH (CA) Amer sh
Paramount Motors Corp
Parker Pen
300
1,500
100
Pacific Public Service com
1st
6 %
34 Va
30%
34 Va
Pacific
$1.30
6 3/a
33%
—
25
78%
•
$3 convertible preferred
1st pfd—
Jan
72% May
300
Publications—
Simmons-Boardman
Pacific Gas & Elec 6%
Jan
19%
•
Ltd-
Breweries
Silex Co common
Pacific Cap Co common
Feb
Jun
•
class A
Shoe Corp of America
Slck's
74%
3%
2% .Jun
15
1,300
•
Canada
Sherwin-Williams of
Jan
% Mar
74
Jan
Jan
16 %
25
100
Sheller Mfg Co
-f
6,600
17%
Jun
Jun
—*
1
common
Shattuck Denn Mining
1
•
Gas new
Distillery
%
12 3/4
16
1
1
1
•
8
common
Jan
Jun
15
Apr
76
Control
Safety
2
1% Mar
2%
2%
2% Mar
Jun
50
15
1
Corp
Jan
6,600
25
Inc
B)
Jan
113/s
1%
certificates
Radio
Jan
19%
Jun
5
123/4
5
prior stock—
(R
Seton
403/4 Mar
112
2%
8%
JUn
14%
500
1
123/4
3% May
4,100
15%
%
•
1
Serrlck Corp class B_
Jan
15
1
stock
Convertible
1%
-*
Industries
Selected
1%
-1
Inc
Bros
Sentry
2%
Feb
Co
Corp General
Shawinigan Water & Power
Oliver United Filters class B
Overseas
1
Segal Lock & Hardware
Seiby Shoe Co__.
May
Jan
15i/2
32%
1%
Seeman
104
106 %
Jan
1
Apr
Feb
89
Jan
425
Jan
3%
3y8
Jan
220
2%
Jun
Steel
11%
36
Jun
2%
Manufacturing
53/4 May
32%
1%
100
Securities
13 Va May
107% 108%
107%
100
preferred
100
2%
Scuilin
Sentinel
33
•
class B common
Natural
Oklahoma
Old
500
common
Co
Brass
Power 416%
600
1%
2%
Scovili
Bemler
Ogden
1%
1%
2%
1
25c
common
(Del)
Jan
O
Ohio
6,300
Apr
400
2
700
5%
Jan
3,300
5,300
4%
15%
5
2
Jun
6Va
2
4
15
151/3
Feb
14%
~
41/4
5%
Corp
Inc
Allotment
Ohio
High
15%
37
Mar
'
2
Low
1
Jan
$5.50
2
Range Since January 1
High
49
37%
Apr
14Va
6
Shares
Ltd common——1
Corp
preferred
conv
Bayre <fc Fisher Brick Co
Schulte
(D A)
Inc common
May
1013/3
150
1
Lawrence
1st
111/4 May
3/4
St
Salt Dome Oil Co
9% Mar
5
American
Low
Par
Apr
Feb
Nineteen Hundred Corp common
North
for Week
Apr
Jan
Va
Xvueo-Uement-Pona
hipisaing
Sales
Kange
of Prices
Apr
6,500
9%
8 Va
Week's
Last
Sale Price
High
A
%
Niagara Share Corp common
17
New York Curb Exchange
Range Since January I
99 %
97
JUNE
ENDED
Friday
92%
99 %
optional warrants
EXCHANGE
CURB
WEEK
Monday, June 20, 1949
STOCKS—
Shares
High
9%
9%
1
100
100
Niagara Hudson Power common
FOR
CHRONICLE
FINANCIAL
Bales
for Week
of Prices
Par
&
10%
1
Construction
Stocks
7%
10%
1,400
52
•
17%. Jan
,
Jan
Tobacco Security Trust Co Ltd—
Amer
R
Aadlo-Keith-Orpheum option
Railway & Light Securities-
warrants
V*
Voting common
—_L10
Railway & Utility Investment A___
1
Rath Packing Co common
10
Raymond Concrete Pile new com
!_•
•3
convertible
Raytheon
preferred
Manufacturing
Re is
Shoe Co—
(Robert)
Is
common
>.
^
,
n-
Co__,
&
•,{ _■
Engineering-.
t
v
dep rets
for ord
Com
23%
300
16%
16%
500
43/8
Mar
Trans
pfd
Mining of Nevada
Lux
Jan
Tri-Continental
20
Apr
Trunz
56
Apr
Tung-Sol Lamp Works
Jun
4Va
4%
6,200
4'/a
Jun
073/4
Jan
23/4
23/4
100
2 3/4
Jun
5%
3
3%
600
3
May
80c
convertible
Jan
Ulen
400
193/8
Jun
25%
Jan
Unexcelled
1%
1%
1,500
1%
Jun
2%
Jan
1%
1%
Realization
Corp_
Corp
1,700
l3/4
89
Apr
2Va
18%
18%
150
18%
Jan
93
Jan
"3%
100
3 3/s
Jun
7%
Jan
8%
9,
300
8%
Jun
11%
Jan
1%
1 %~
2,
1%
Apr
1%
800
1%- Jun
3%
Jan
8%
9%
300
7%
Jan
9%
Apr
6%
Jan
63%
Apr
92%
Jan
—
"4%
20 3/4
7
5%
Jun
27
Union
Stock
—
5%
22%
7
5%
400
2,200
300
2,000
4
*
Jan
20%
Jun
x6%
Feb
5% Mar
10
53/8
Corp
Elastic
37
73/4
63/» May
7
400
6%
Jun
10 Va
Feb
100
4%
Jun
6%
Jan
4 Va
500
334
Feb
5%
Jan
4
100
3%
Jun
5% Mar
United
*
Milk
'
'56
1%
•
—
•
95%
"
-s
—>'
.
Va
25%
15%
*2
warrants
Corp
Prrducts
'
.,
'
•
10
15%
7
24 Va
1%
Rights
Apr
r
*
"
50c
j
United Gas Corp common—.
United Light & Railways
Feb
.
100
com
common—
United
4%
3%
Products
Apr
6%
.'4, '
Chemicals
Feb
4%
4%
2% Mar
Feb
Jan
•
common
Preferred
JLz
:
•';
23%
1%
7%
•
•
15 %,
,
15 %
1''
100
—
.
/;
•
United
8% May
5
Aircraft
2
1
Yards of Omaha
United
Jan
—
1%
5
Union Oil Co of California—
Feb
1
•
2 Va
24
4
Jan
1.2a
„
24%
"3%
10c
Chemical
Union Investment Co.
5
„
1,000
4,600
Union Gas of Canada——
common—^—J
page 37..
3%
2%
Jan
19%
1•
Jan
-
u
1%
193/3
;
United
;
Jan
,Jan
4Vs
4% Mar
21%
1
Apr
•
preferred
% Mar
22
3%
98'
n
1
com
17%'Jun
5
Jun
•
100
——10
Jan
A
2% Mar
Feb
91%
Jan
■f.Moo
i3/;-
l3/4
275
%
3%
23/a
warrants
Inc.
173/4
1%
300
95
A
Feb
Jan
Jan
60
2%
1
;
26
16 Va
.
18
Jun
Jun
x39
2,800
1%
1%
94 %
95
1
Corp
22% May
'
£i
reg
new com
see
1
52% Mar
,•
Russeks Fifth Ave common
Ryan Aeronautical Co
Ryan Consolidated Petroleum
For footnotes
Jun
Edison 4%%
Tonopah
250
41%
40 3/a
6%
Jun
%
5s
20
70c
100
$3.75 pfd series A__
common
common—
Rvoraon A Havnp«t
%
200
pfd F._—100
common
Royalite Oil Co Ltd
Jan
May
Is/%
1
Roosevelt Field Inc
Rotary Electric Steel Co
Corp
U
19
•
c_
Roeser & Pendleton Inc
Rolls Royce Ltd—
(The)
3/4
.
223/4
j
"1
Rochester Gas & Elec 4%
Rowe
Jan
Valley Gas Co—
(Texas Corp)
Rome Cable
Jun
153/4
1
s
Amer
ft
125
4%
£1
common
g
Rice-Stix Inc
Grande
%
6.25
Kxcnmond Radiator
Rio
17%
,
<fc
Reliance. Electric
4,800
17%
Shipyard Corp
Toklan Royalty Corp
Toledo
17%
•
Reading Tube Corp class A
Regal
dep rets ord regis
dep rets def regis
Amer
Todd
Jan
.
97
56
*"275
■L'"
1%'
1,700
1 %
Jun
200
May
Jun
V8
11,500
Jun
25%
36,600
21
51,700
150
I
'
10;
97%
Jan
57
Jan
3%
Jan
'Jan
39
1-'A Jan
30% May
Jan
Jun
15 %
25,500
8
15%
-
32
>.—
A
26%
15%
25 Va
2 ft
53% May
10
'
21
Feb
30% May
1}? Jun
7% May
15%:Jun
2
A Jun
10%
Jan
21.
Mar
United Molasser Co Ltd—
Amer
United
dep; refs drd regis
NJ
RR
&
Canal
—
100
.
,
4%
Jan
242% Mar
4%"
2463/4
Feb
Feb
COMMERCIAL
THE
Number 4813
Volume 169
NEW
STOCKS—
Last
Sale Price
Low
10%
preferred
United
United
Specialities common
Air Conditioning Corp
U S
S
6%
6%
iy8
1
1%
13
13%
7%
Jan
40%
Jan
6%
Jun
8%
Feb
1,800
3
2%
•
•
1
1%
Mar
2%
50
3%
Feb
200
3%
Jun
6%
U S Rubber Reclaiming Co
1
1
1
500
1
Jun
1%
United Stores Corp com
Universal Consolidated Oil
50c
1%
1%
500
1%
Jun
2%
Jan
^-10
Universal
_,_10
Utah-Idaho
Sugar
42%
22
2%
42%
42%
Jan
•
common
22
22%
2%
21
500
2%
Feb
2
800
22%
102%
105
J-J
F-A
*108% 111
108%
108%
100 %
102
1969
——1956
at
4%
II
$4
convertible
preferred
Vanadium-Alloys Steel Co
1
Venezuelan
5
Venezuela
50
63
Jun
71
29
29
200
29
Jun
34 % Mar
-
f
20C
Inc
Syndicate
3%
3%
1/8
3%
1,200
1st mtge
1967
—1961
3 y4s
Hydro-Electric
3
7%
5%s
Jan
1%
Apr
3 y8s
Jun
9%
Jan
West
11 May
1
1.25
preferred
100
6%
Jun
10%
Jan
1st mtge
J/2
Jun
2V2
Jan
Southwestern
3%
1,100
2%
Feb
4%
Jan
Spalding
1
% May
1%
Apr
200
Jan
115%
Feb
138
Jun
155
Apr
Jun
26
Feb
21%
(The)
Williams
Wilson
5%
10
5
Corp
Brothers
•.
(F
Woolworth
W)
pfd
Jun
9
2%
Apr
8%
400
125
13 y8
23%
30
98%
Jun
8%
Jun
111
& Teldeb
Tel
Assoc
Atlantic
Last
Period
Sale Price
or
~2~T7s
Jan
Bonds
Friday's
A5%s
High
5
105%
106%
100
100
4
96 V4
M-N
101% 102
6
100%
106
106%
6s
1998
Q-p
*162% 165
160'/a
J-D
100%
1948
J-J
—1954
1966
97y2
26
32
105
43
102%
10
106
87
106% 107
1969
1976
(Bait)
Consol Gas El Lt & Pwr
J-J
J-D
89%
89 y4
89%
1977
104%
—
J-J
1st ref 2%s series R
1981
A-O
100% 100%
1962
M-N
103
1954
A-O
111% 111%
2%s ser Q
(Bait
Gas
4%s
1st
of
N
1993
1993
Water
Elmira
Lt & RR
5s
Marelli Elec Mfg
Ercole
J-J
M-S
Residential
1961
101%
AMedellin
106%
Grand Trunk Western Ry 4s
1950
J-J
3%s
1963
Power
5
111%
112%
A6%s
Power
Lt
&
1958
1
1941
coup)
;;A7s series E
A7s
(Aug
1941
A7s
48%
98%
12
96%
109
33
52
—
65
;
52%
—
100%
41
—
J-D
F-A
—
103%
52%
104%
e
106
value
48 %
46%
48
(not included
^Reported In
31 %
55
Ahhrpviatiims
used
7
,
49%
48
48%
the daily closing averages of
ABonds
37
56
32
15
are
-•
-
—
—
—
—
r-
—r
—
—
40
28
37%
41%
.83/. 83'/,
,
•
" '
„
„
*14
fil,
6A
2
,
16
*27
39
—
70.JO,
-
9
7
6/2
r;
—
70'/. 83*
2
/■_...* 17854 84-..
—
—
28
39
19,V
12%
13% 15%
—
24%
37 /a
5
*44% „
J™
—
+30
—
*70
80
__
A-O
—
—
—
*»
J-J
29
41 /2
-
61A . 80
2
26* 31
.
15* 18'/.
-
2/. 2/«
M-S
--
86
2,
.26
--
--
—
—
16* 17
16*
J-D
—
—
29
89
-
24* 20
^6
^
^
transaction (not included in year's range), d
year's range),
f Ex-distributlon. g Ex-stock
receivership.
49
Below
*65%
*65%
-
High
Low
No.
'
•
Ex-Interest,
div h Ex-
for cash
54
56
49
coupon)
56
32%
48
J-J
1952
1941
•
transaction "(not included in year's range)
r'Transact^
in year's range),
x Ex-dividend,
y Ex-rights, z Ex-liquidating dividend.
bid and asked prices; no sales being transacted during current week.
31%
4
(July
102
Range Since
Jan. 1
Bonds
Sold
High
39
J-D
J-D
Deferred delivery
(not included in
7
-
55
48%
100%
or Friday's
Bid & Asked
__
M-N
4nUnSer-?he^uL
12
49%
*46%
118% 119%
8
Week's Range
-—
M-N
J-D
1951
32%
49%
49%
a
transaction
tFriday's
47
1952
par
Odd-ldt
principal.
58
.
13
♦No
102%
102%
54
1
63
100
1
100
*50
„
100% 100%
Last
M-S
P',JM,raTto^.t
2008
P'SSII(WABCDE)
1997
R,O^,r8fr°e&V^--2012
ARny Government 6*8
1919
117%
116
118%
105% 106
1957
coupon)
series F
A7s
M-N
1955
1955
3y4s
C
(Dec
63%
32%
Sec—
Power
series
A6%s
49
100
1970
Guantanamo & Western 6s
International
86
108
Sale Price
H
J-J
of Bogota—
A7s (issue of May 1927)
1947
A7s (issue of Oct 1927)
1947
AMortgage Bank of Chile 6s
—1931
Mortgage Bank of Denmark 58—1972
9
*102% 103%
J-D
J-J
1957
Mountain
Indianapolis
82%
105
11
Mortgage Bank
3
*59%
M-S
85
106%
100%
F-A
1952
7s stamped—
99%
Mtge Bank—
stamped
M-ff
City (Peru) 6%s stamped-1958
stamped (Plan A)
reduced to 2%s
2008
102 %
32%
*46%
1955
Interest
101%
5
*15
1953
50%
Maranhao
106
51
98 %
28%
50
__
Loan—
5s-
5
103
*117%
54
119% 119%
Interest
Period
Exchange
5Vis
External
Co—
A6%s ex Nov l 1947 coupon
Green
F-A
Danzig Port & Waterways—
AExternal 6%s stamped
50%
A6%s with Nov 1 1940 coupon__1953
Finland
1959
1953
External
32%
M-N
May
1965
1956
4s ser B
Eastern Gas & Fuel 3y2s
mlge
30
*106%
A-O
J-D
1
J-D
Division—
J
mtge 4s ser A
A 1st
50
85
__
J-D
—1948
Delaware Lack & Western RR—
Lackawanna
52
*107% 107%
M-S
,
2030
1960
Union—
Valley 7s
Danish Cons Municipal
City) —
"
mtge
99%
10
1C0% 100%
2%s conv debs
52
18
*15
1964
5s
Electric
New York Stock
ALima
*104%
18%
35
*46%
v
...
1954
ACauca
—
3s ser P
40
50
A-O
J-J
91%
103
107
i
Low
104%
107%
252
103 y2
103 %
72
*15
1953
Agricultural Mortgage Bank (Col) —
A 20-year 7s
April 1946
A20-year 7s
Jan 1947
Bogota (see Mortgage Bank of)
107 y4
A-O
63
123
125
35
35
Friday
100%
95
M-S
3s
92 y4
'42
106% 107 y4
107%
i
73 „•.
*33%
.
A-O
BONDS
96"
92%
M-S
M-S
'
89%
91%
1958
Gen
J-J
95 %
127 '
*67
*118
Hotel—
Newspaper
,
102
10
101% 101%
1969
Consolidated
A-O
105"%
77
Foreign Governments & Municipalities
162'%
1970
5s
1st ref mtge
M-N
A-O
1946
104 %
10
78 %
77
77
101
99%
13
*105 % 106
F-A
—1946
debs
income
Western
108%
Debenture
1st ref mtge
J-J
106%
108
106% 106%
Debenture 5s
Debenture
1
im
*107
Jan
106%
100% 100%
1947 coupon
West Penn
'
redeemed)
104
103%
100 %
coupon.—1956
1956
1940
1
102%
j-j
5s_
106
104
A-O
107
106
2%s
(20%
Cities Service
105%
High
J-D
92
15
—
Jan. 1
Low
No.
J-D
redeemed)
(20%
105 % 105 %
*103%
Corp—
stamped.
Industries—
2nd stamped
West Penn Traction 5s
{Central States Electric Corp—
A5s
105%
Apr
J-J
Canada—
103%
105 % 105 %
1966
3rd
Range Since
Sold
Bid & Asked
102
33
105 %
1989
1950
'
104 % 104%
—
3%s_—1970
Elec
&
—
8% May
1964
Steel
Edison
(Calif)
6s conv s f debentures
1960
of
C
series
Boston
•
1973
1973
1970
110
110
*102%
Hydro-Electric Co—
1 1940 coupon—1953
A 5s
Jan
14
1955
5y2s A
City Electric 3%s
Telephone
Bethlehem
-
102 ya
1965
Washington Water Power 3y2s
Jan
1953
4%s
Electric
10%
1970
Appalachian Elec Power 3%s
"fI
101
114
100
155% 155%
J-J
(Hugo)
Week's Range
Interest
Low
■
110
5s
Waldorf-Astoria
Jan
104% Mar
Jan
2,400
112
112
Friday
5s
100%
A-O
M-S
J-J
F-A
3y4s
Gas
Gas
A7s ex Dec
Apr
33
Jun
7%
BONDS
Associated
10%
1,000
5s
£1
•
5
Feb
200
9
10J/» xl0%
New York Stock Exchange
5s
*100
M-S
3s
A7s with Dec
15 y2 Mar
Jun
i
4
78
98% 100
8
6 %
preference
Wright Hargreaves Ltd
Bell
M-N
1952
A6%s ex Aug 1 1947 coupon
United Electric Service Co—
Jan
a%
50
-
A6%s with Aug
Apr
10
4
26
51
*15
3s_1981
'
Jan
8
Apr
13%
receipts
Terni
May
Feb
'
common
Ltd—
American deposit
Jun
7
13%
*46%
—
1971
Gas
(Hugo)
A7-4s
Jan
19
9
* *"**%
Inc
Petroleum
Woodley
2%
May
5%
2
& Lt 4%%
Pwr
Industries
Woodall
500
25
•
100
w
Winnipeg Elec common
Wisconsin
100
7
1
common
w
2
16 %
1
i
& Co
preferred
16%
7%
16%
106%
156%
3s
(AG)
A7-4s
Stinnes
15% Mar
Feb
14%
200
Stinnes
Jan
pnn
pu,
106%
105 %
Jun
•
Corp
(R C)
Products Inc
Willson
?i/„
1
36
22
27%
500
Xl4% xl4%
1
Weyenberg Shoe Mfg
Whitman (Wm) & Co
Wickes
29%
Jun
20 y8 Mar
27%
.10
Westmoreland Inc
95
105%
—
106%
104
Corp inc 5s
5s collateral trust
Jan
20
•
138
7%
1,400
140
6% May
112
7
*105%
*106
101%
AStarrett
6%
Maryland Ry 7% 1st pfd—100
Tablet & Stationery
com.,—*
Westmoreland Coal
L20
Oil
Jan
4,600
7
Western
River
2y8
Counties
1
Western
Wichita
California
Southern
tt
%
1
—
$6
Southern
%
7
30
.
Co
Utilities
Texas
Mar
2%
preferred
Watch
inn
108
104%
93
148%
1st & ref M 3s ser B—
111
106%
103
—
*102% 104
A—.
Jun
8y8
Baking Co warrants
Warner
Aircraft Corp
Wentworth Manufacturing
.
series
1%
100
Ward
■
Edison
California
300
cum
15.
105%
1951
1%
Waltham
105%
A-O
Joaquin Lt & Pow 6s B
8%
"1%
105%
104%
*92%
Jan
Southern
~I%
103%
*104
J-J
1952
A
1 %
1
1
4
106 % 106%
106 %
A-O
A-O
J-J
J-D
-.—1998
debs—
6%
series
Safe Harbor Water Power Corp
Mar
65
104% 104%
Co—
Scullin Steel inc mtge 3s
109
.
1940 coupon—1960
8y8
Waitt & Bond Inc
57
105% 105%
1947 coupon——I960
1
•
Co
4
58
Queens Borough Gas & Electric—
W
•
Oct
voting trust ctfs ext.*
preferred
100
Aircraft
Waco
$2
ex
50-year
.
San
Wagner Baking
8
58%
40%
Public Service Elec & Gas Co—
Jan
12%
11% Apr
Vogt Manuafcturing
A6%s
Apr
5%
Jun
1% May
900
2
Jun
Jan
65
1
Petroleum
6%
900
63
65
100 % 100%
A-O
M-S
M-N
1963
to
A6%s with Oct 1
4%
5
4%
common
21
4
35
34
RR—
1970
Piedmont
Corp
*15
—,—1968
1st mtge 3s_
—
1971
Park Lexington 1st mtge 3s
1964
Pennsylvania Water & Power 3y4s_1964
24% May
Jan
50%
*102% 105
Ohio Power
Apr
78%
27%
J-J
3%s
Valspar
62
52
Feb
26
55
76%
*46%
J-D
3y2s
Milwaukee Gas Light 4y2s
New England Power 3V4s_
•
High
1966
Extended
Jun
x25%
Jun
150
5
Feb
Feb
21 Ve
700
21%
.
Utah Power & Light
35%
24 %
38%
10
Insurance
Universal Products Co common
*
ex
Midland Valley
Jan
Jan. 1
Low
1952
Nov 1 1947 coupon——1952
Superpower 6s
1963
Altalian
Jan
Range Since
Sold
No.
High
72
73
J-J
ctfs
escrow
Kansas Power & Light 3y2s
McCord Corp deb 4y2s
Jan
3%
common
Bonds
Friday's
„
Kansas Electric Power
79% Mar
Jun
74
3%
Radiator
S
Co—
Power
Debenture
A 7s
Jan
1
U
or
Bid & Asked
Isarco Hydro-Electric Co—
A7s with Nov 1 1940 coupon
16 % May
12% Mar
3,200
75
74
A
Jan
52%
400
13 %
Interstate
Apr
Jan
200
Securities
International
1st
1 %
Jun
37%
170
Sale Price
High
42 % May
2,275
39 %
47%
Last
Period
Exchange
Low
5% May
48%
38%
preferred with warrants
and
$5
%
900
45
U S Foil Co class B
U
%
1
10c
common
Week's Range
Interest
New York Stock
Range Since January 1
Low
1
Machinery
17
Friday
25
Shoe
Preferred
JUNE
BONDS
Shares
High
%
25c
10
25
United Profit Sharing com
EXCHANGE
ENDED
for Week
Range
of Prices
Par
WEEK
Sales
Week's
New York Curb Exchange
FOR
37
(2669)
CHRONICLE
FINANCIAL
CURB
YORK
RANGE
Friday
&
,■
if" when issuedj
"M," mortgage; "n-v,"
"w w," with
-
.......
above—"cod," certificates of
tive;'^^^onv!""onvertible;
55%
* ;
being traded flat.
non-voting stock; "vtc," voting trust
warrants) "x w," without
warrants#
,
„
deposit; "cons," consolidated; 'cum,
cumula¬
certificates,
*
•
* '»■
Stock and Bond Averages
-
,
listed
on
representative stocks and bonds
the New York Stock Exchange as compiled by Dow,
Stocks
Indus¬
I
.
trials
Date—
June
11—
Total
15
20
Rail-
Util-
roads
lties
—
Closed
65
•.
Stocks
10
First
Indus¬
Grade
Rails
trials
;
}
Second
lties
,
Bonds
97.56
June
13
161.69
41.03
34.00
57.75
101.79
101.79
82.86
June
14—„
161.86
41.41
33.89
57.88
101.76
101.69
82.41
103.83
97.42
15—
164.58
42.43
34.08
58.83
101.79
101.60
82.60
103.85
97.46
June
June
June
16
*163.94
32.11
34.C6
♦58.57
101.81
101.59
82.61
103.89
97.43
June
15_
33.82
58.50
101.79
101.80
82.38
103.81
97.45
June
16-
-
June
17
—-
June
163.78
17—.
42.22
stocks and for the 65 stock composite .average, give effect
common.stock'split. This, changed, the. divisor for the
30 Industrials to 9.06 and that for the 65 stocks to 44.
cO xwstlrM f> 1 "
♦The
to
the E.
averages
I.
cluPont
13
28.28
14
Nemours
.
NOTE—Averages are computed by dividing total prices by
13.8; utilities, J5; composite, 44.
f
t: u
four-for-one
the.following:,Indusbriale/:9.06; rails,
u. 'J 'I 3S.T
I
J
1?
::vl
ml
*
£
' '
.
*
.
t<T
—
28.48 Jun
,
10
Range lor 1948
27.79
.
27.98
37.83 Jun 10
High
27.96
29
32.37 Dec
Low
-
,,
i
,
M
.
'
•
•
J
'
•
*!
»'
,
'
i't
el
''
bl'r
f
ml
33.26 Jan 24
Low
27.90
for the 30 industrial
de
High
Closed
11—
103.80
June
Range for, 1949
Closing
DateJune
-—
-
Quotation Bureau, Inc.
40
Util-
7 Rails:4
Compiled by National
Total
10
Grade
:,
Closed
—-
Stock Average
(35 Stocks)
■10
10
30
Over-lhe-Gounter Industrial
Jones & Co.
-Bonds
.*
.
V.
i
■
i
'
%
■
i
r
I
•
H
.
m
,.Tt"
.
t
f; >" i
i
it-1
'>
i,
v
38
COMMERCIAL
THE
(2670)
&
FINANCIAL
OTHER STOCK
RANGE
FOR
WEEK
CHRONICLE
Monday, June 20, 1945
EXCHANCES
JUNE
ENDED
17
Friday
Boston Stock
Exchange
Friday
Sale Price
of Prices
Low
Par
*
100
Agricultural Chemical
Sugar Refining _
American
American
—
100
& Tel
American Tel
Shares
Low
70
3,814
138
1%
1
36%
25%
26%
420
22%
Jun
503
25%
Jun
capital
Co
Jan
Pow
8%
Low
8V2
200
High
Jun
11%
14
200
13
Jun
18%
24
24
100
24
Jun
23/4
3
450
23%
Prod common——<——1
Steel
Indiana
Range Since January 1
High
13 3/4
24
400
8%.
—
_
common..4
Co
Lt
&
Shares
2%
8%
Jan
Jan
25
May
Jan
May
22%
25'A
Jan
150%
Jun
63,989
138
Indianapolis
40%
32% Mar
139'A
1%
138%
Brick
for Week
Low
.
Independent Pneumatic Tool common.*
High
34% Mar
74
35%
34%
Illinois
Range Since January 1
High
34%
33%
—,
Par
*
*
for Week
Range
Sales
Range
of Prices
Sale Price
Sales
Week's
STOCKS—
Week's
Last
STOCKS—
International
•
(new)
Harvester
2%
Jun
Jun
23
434
Jan-
27%
Jan
Feb
7%
Jan
Jan
15%
Feb
'
1
RlghtS
—*
American Woolen
—
50
Anaconda Copper
32
__
1{J May
Katz
Feb
Kellogg
Jan
La
38%
35
Co
Drug
common
«
Switchboard
Salle
Ext
——-—100
—25
Boston Edison
103
40%
--1<>0
Boston & Albany RR
15%
195
100%
40'A
Jan
530
15%
120
Apr
2,067
102% 103
40% 41%
Jan
Field
Marshall
-
15%
15%
19%
Jun
Jan
Mickelberry's
Co
&
RR—
stamped
Boston & Maine
^Common
30
32%
4
16
32%
unstamped._100
—
Trust
A 1st pfd
Personal Prop
—
•
4
16
1%
10
70
1%
,100
preferred
prior
class
5%
Boston
1%
-100
2%
Jun
Jan
43
Jan
30
Jun
4
Jun
4
Jun
14% Mar
17
prior
$1
Service
Copper Range Co
Eastern Mass Street
43%
309
87/«
19
8/e
*
—*
Northwest
series A—_1Q0
Inc—*
57
20 A
—
Feb
87A
48% May
Jun
39
12%
57
31
905
74
Jun
Jun
68'A
197A
Jan
23
29
50
58
21/4
29
—
,29
——————*
Employers Group Assoc
Jun
Jan
May
35% Mar
Copper
Royale
Isle
61%
Jun
Jan
Sears
23%
Jun
33'A
Jan
Shellmar
—
35 A
—
47
47
11
10%
11
11%
390
184
10%
Jun
15%
Jan
13c
8
19c
400
13C
Jan
25c
Jan
Jun
—
—
—1
New England Electric System——20
New "England Tel- «& Tel.—__,:_1G0
North Butte Mining.—
2.50
Cos
8%
80%
1,288
760
Rexall
—
—
—
*
Shawmut Association
.
class
Tor ring ton Co
Fruit
United
6%
*
25
-—25
Co
United Shoe Machinery
common
preferred
Prod
Corp
Waldorf
Apr
Signcde
Jan
Sinclair Oil
58
Feb
68%
Jun
40
25%
Jun
41%
Feb
Society Brand Clothes common—*South Bend Lathe Works capital-
47
50%
Jan
Spiegel Inc
May
8%
11% May
Jan
3,270
8
460
79
Apr
87%
Jan
2,300
30C
Feb
45c
Jan
518
14
400
Jun
4'A
100
17%
Steel
497
14
31
395
~
Standard
common
Brands
__
Inc
Standard
Dredging
Forgings
1%
Jan
Last
12%
Par
common
___—
Co
6%
Jun
9%
16 %
Jun
19%
Jan
10
10
Jun
13%
Jan
86%
86%
Jun
23
50
250
200
90
Jan
223/4 May
20
25%
Jan
26%
Jan
29 %
Jan
25
Jun
50
9
Jun
113*8
900
34
Jun
39%
Jan
22%
24%'
500
22
Apr
28%
Jan
Apr
Co
Trane
Jan
54% Mar
52'A
Jan
40
9
9
Jun
43'A
208
(The)
South
Steel
S
Wiebolt
Inc
Feb
14%
Apr
26%
Jan
Alleghany
Range Since January 1
4%
150"
7
:
100
17%
High
A
40 3A May
xl3% Mar
50
100
7
15%
Feb
,14% May
20% May
43/8
Jun
53/B Mar
7
•
9%
21%
Jun
10
Jun
18
100
50
3%
•
300
2%
Jan
8%
8%
50
8'/a
Jun
37%
1,200
36 5/8
Feb
9%
300
9%
9%
6
6%
400
28
28%
200
6%
7%
1,200
6%
27%
283/8
600
273/8
.25
<N CO PT*
9
9
49%
49%
__ _
:
.
V
-
100
9
49%
Jun-
4% Mar
10
Feb
Apr
14 %
Jan
6% Mar-
May
Jun
49%
Feb
Jun
11%
Jan-
Jun
32%
Jan
Jun
9
200
41
11%
Jan
Feb
55% May
20
150
20
43
43%
70
43
Feb
44% Mar
34 *-• 35%
1,200
34
Jun
4134
21=%
3,200
20%
Jun
24% May
10%
400
10'%
Jun
13
10'%
1,550
10%
35%:
21%
9
'
Jan
Mar
41%
Jun
5
28
7
Jan
Jan
20
<
; 43
•
20%
10%
10%
25
May
Jan
Jan-
'
■'
9
10%
II2
*
...
Radiator
Copper
Inc..
Lines
&
Jun
10%
Jan
19
Jan
9
9
Jan
Jun :
10% May
9
Jun
10%
2%
Feb
3
May
73A Jan
50
10
Mar
Jan
Pacific
25%
Jun
35
Jan
19%
Jun
267a
Jan
Fe
May
J.03%
Jan
*
23%
24%
1,700
23%
Jun
33%
Jan
10%-
10%
500
"10%
Jun
14%' Jan
9%
500
9%
Jun
13%
Electric
23%.
~9%
1
9%
10
•
'
.
_5~%
10
300
10
rl/128 rl/128
4—.;—:—A
Jan
Jun
11%
5/64 May
Apr
1,400
1/128
Jun
Jun
8%
Jan
5%
5%
200
5%
7%
1
8
400
7'A
Jan
97A
Apr
May
1
1
7%
Jan
3434
34%
800
34%
Jun
39%
12%
12%
100
11 %
Jan.
14% May
1%
1%
4
6%
6'A
400
4%
-5
*
10%
11%
500
10%
9%
9%
400
3%
3%
2,800
8%
8%
500
;6 %
9
9%
25
I
Co
—1—5
Utility Corp
Graham-Paige
Laclede Gas
86
25
(The)
___
Public
Jan
500
200
Farnsworth Television & Radio
General
14%
25%
25%
—
General
Jun
.19%
i
Curtiss-Wright
10
19%
8ystem Inc
Motors
800
400
25%
Ry Co
w
100
2%
9
10%
new
common
Gas
8%
10%
—50
& Santa
Steel
8%
10
—100
Mining.,
Topeka
2%
1
-r-A
com—•
San
St
Corp
Continental
Jun
400
4%
.
13%
17%
Jun
7
150
7
18
3%
_9
common——
Corp
Air
American
Rights
Low
13%
—
15
18
' ' 15
36%
8 %
•
common—
American
Columbia
37%
6 %
250
7
37
2
Corp
capital (new)
Certain-teed Products
100
Apr
5
Stocks—
Canadian
Sales
37%
24
5
Jan
13%
Jun
18
7
—s.—
Wisconsin Bankshares common
Woodall Indust
Bethlehem
High
Jun
19
15
.
18
com
new
(new)
comomn
Stores
11
a
St
Carb
50
900
19%
—1
common—
La Salle
11
*
5
,
.
Jan
12%
20% May
40"
*
-
Jun
32%
176
■
11
25
Union Carbide &
Jun
315
-
193/4
__1
(The)
Jan
'•
common—
Jan*
100
200
24%
-25
capital—
Sjwift International Co.ctfs of dep.
15% Apr
17'A May
42% May
38% May
50
17%
—
'
common-
Laboratories
9%
63/4
13%
25
_20
common
34%
x44%
725
Shares
37%
1
Aetna Ball Bearing
25% Mar
Jun
353%
common—— __5
for Week
Low
5
Feb
7
34
■
5
Corp
Feb
Feb
35%
of Prices
Abbott
Castings——
22%
350
Jan
Jan
Mai-
86%
»
1
Corp
Container
Stone
Jun
12%
Jun
Range
Sale Price
Alum
450
7%
Apr
2,793
Week's
Friday
Advanced
23%
25
9
common
Mach Tool
Chicago Slock Exchange
common
59
35%
2
_
capital stock
5%
—
Stewart-Warner
Atchison
Cnrp
11
14%
Jun
*
Ind
Anaconda
Admiral
Jun
Apr
7%
223/4
1
Standard Oil of
Arinco Steel
Laboratories common (new)—5
Adams Mfg Co UD) common-
1,650
Jan
10
.
common.
Sundstrand
27%
22%
207A
—
STOCKS—
7%
JanMar
2%
12
86%
9
Swift & Co
15
35%
12%
32%
12%
—
Westinghouse Electric Corp———12%
12
Jun
47%
"
—^
common
Feb
Jun
x30
96
x38% x38%
45%
*
—
24
Feb
1 %
6 3/4
9
Strap
Corp
Jan
7
Jun
4'A Mar
76c
50
13%
—
10
Inc
System
Apr
9%
1,300
200
''
_9
common
5%
Unlisted
U 8 Rubber Co————
19%
300
1%
16%
9
30
x27% x27%
45'A 46%
45% 48%
—
i
100
10%
Jan
Feb
200
1'«
•
10
__
5
—
20
7
—5
—
56%
U
-v.
16
13
I10
Jun
Jun
32c
x3°
—
Drill
Twist
Union
Jun
,223/4
*
common
40
*3
'•••--
—
14%
48%
-
-10
A
175c
13%
—
Inc
Webster
&
100
12%
25
...
Roebuck
Texas
8tone
14%
47%
__
630
14
14%
4%., 4%
76c
76c
47A
47A
14%"
.4%
10
2.50
—
Co.
Drug
8%
7 3/8
7%
1
303
9%
83%
80%
30c
—
50
—25
Pennsylvania RR
Jun
1%'
._10
.
Sunbeam Corp common
Qulncy Mining Co
Reece Folding Machine
6%
10
9
.
_
common.——______
Standard
—
—
Service
National
200
10% May
65
pfd.———100
Mathleson Chemical Corp
—A
Mergenthaler Lintoype —
——*
Narragansett Racing Assn
1
Nash-Kelvinator
—5
1
—
Electric Co common
Cummins capital—
& Co capital
Schwitzer
40%
65%
—
RR 5%
Maine Central
6*%
_
-
a
Co
Packing
Jan
65
35 'A
—
*
Copper
Kennecott
Switch
Quaker Oats
Rath
Jun
61%
35 A
26
1.00
43%
35 A
257A
*
15
Co....*—
Razor
Safety
_
9
Co
Bancorp common
Electric
53%
61%
34
23%
x75c
41%
---
Electric
General
Gillette
vtc
___.
Si
_
34
261
7% Mar'
20
10
5
common
Ward
Peabody Coal Co common
5%
prior preferred
Sangamo
—•
National Stores
First
common—
Manufacturing common.
Penn
Lines
Steamship
40%
—
Ry—
preferred
1st
6%
Eastern
10
*
———
Jun
14%
•
capital
preferred
Montgomery
Oak
Cities
6%
Apr
25
70
1,100
6%
Products—^—III
Food
West Corp
Miller & Hart Inc
Middle
"7%
6%
43% Mar
Boston Elevated Railway—
Stamped
6%
10
6%
1
Printing Co common
100
400
6%
— —
7
Lincoln
'
'
common..——
Llbby McNeill & Libby common
11%
12%
common
II5
Univ
7%
12%,
7%
7-
Motors
1
Light-
1 % May
Jan
Jan
Jan
7%
Apr
Jun
15%
9%
Jun
13%
Jan
3%
Jun
4%
Jan
Jun
10%
Apr
Jun
24%
Feb
8%
1,000
3%
19%
1%
Jan
12
Apr
Apr
'
Allied
4
17%
American,;Tel & Tel Co capital —_ 100
Rights
i
w
138%
1387/2 139'/a
l,3fl
—'
——
17%
Armour AnCo common..—
~
1
—-
.
HI—10
___
Aviation
Co
Co AE
Piston
Burd
L)
Ring
Bros
5%
400
5
May
7%
Jan
350
26
Jun
Jan
11
11%
400
11
Jun
363/4
15%
27
27
200
27
Jun
34% Mar
9
Biscuit
Central & 8 W Corp
Jan
150
10%
Jun
13%
Jan
10
100
10
Jun
14
Jan
9
450
9
Feb
10%
Jan
44%
250
40
Mar
493A
Jan
15
200
14%
Jun
22
Jan
7%
100
7%
Jun
12
Jan
14%
6%
150
13%
Jun
173A
Feb
200
6%
Jun
9%
Jan
"
7%
-.14%
6%
14
6%
1
2%
2%
450
2
Feb
4% Mar
12%
12
12%
1,450
11%
Jan
14%
10 y2
11
1)100
10.%
Jun
123/4
10%
100
16
Jun
13 %
Packard
Central
Motor
American
Pan
9%
9%
1,100
9
Feb
RR capital
I
Car
!
2%
Airways Corp
Paramount Pictures Inc new com
Pepsi-Cola
Oil
Pure
Radio
Co
(The)
of
i
Oil of
Standard
Steel
Studebaker
J—
N
1
Oil
——
—
.
%
Coleman
(The)
Inc
Co
Jun
26%
Jun
77
78
45%
413/4
413/4
42
17
17
25%
25%
28%
18
18
18
22
—25
common
(new)
0
Cumulative preferred
(new)
-_50
Consumers
Crane
Co
Co
common
66%
Jan
80
22
22%
22%
22 %
3%
3%
100
5
._
25
__
Eddy
Paper
Fitz
&
&
D /Co
_
__
46
t>
common.,—
Flour Mills of America Inc__
Brewing
(Peter)
9%
57%
May
General
Candy class A
General
4%
—
'
200
39%
Feb
100
^
17
Jun
Motors
Corp
_
__
—
10
common
Goodyear
—
53%
1
6
Tire
&
Rubber
Great Lakes Dr & Dk
'___.
co
Hammond Instrument Co
4,800
,25
18
.170.
22
..Jun
.
100
22%
2%
Jan
Baldwin ..'
.Jan
Champion
Jan
Cincinnati
.27 %
..
Jun
400
Jan
38
Jun
.
Jan
31%
59
117
46
3% May
1
Jun
95
Jan
Laundry
Harnischfeger Corp
common
Meilman
Co
<G)
Brew
Hupp
Corp
For
common
footnotes
—
new
Hein Werner Corp
Hibb Spencer Bartlett
Paper
—
500
4
Jun
6
63/4
7%
300
6%
Jun
9
Apr
Hobart
42% May
46
Jan
common
8% May
9% Jun
9%
12%
Feb
Electric
_
see
_
page
—
46,
1
Formica
12
Jun
16 %
Jan
17
17%
200
16%
30
Apr
Feb
9
%
400
9%
Jun
2,200
2%
Jan
Jan
-11 %
3%
Jan
21%
9%
3
9%
3%
1,000
.11
Jan
Jan'
Apr
,11% Jan
Jan
43
100
10
10
150
10
Jun
14%
53%
700
52
Jun
623/a
Feb
50
—
4%
common
;
*
6%
6%
600
G
Jun
11%
400
8%
Jan
93A
12
Procter
100
37%
Jun
42% Mar
14%
Jun
15%
10%
10%
250
20%
48
__
20%
50
16
16%
800
6
48
6
-
1%
48
200
'
1%
115
200
8% Mar
Jan
113/8 May
19
Jan
22
15%
Feb
17% May
6
X47%
1%
Apr
9%
Jun
Jum
53 '■
1
K
2%
8%
Jan
Mar
350
—
Feb
15%
Jan
Jun
23%
Jan
30% May
90% Feb
.18% ,18%
20
18%
29%
563
26%
Apr
76
76
Jun
4%
55
4%
70
7%
Jan
67% Mar
131
16%
Jun
76%
Jan
4%
250
196
24
24
20
23
Jan
27
Apr
52
52%
60
44
Jan
52%
Jun
20
20
21
I934
Jun
21%
49'/a
50
430
43%
Jan
51% May
716
200
16
Jun
21
15%
•
.4.
25%
_I
!
,10
;
f
High
Jun
Mar
68'A
'
*
common
12
70
*
—
Low
20%
125
21'A
"12
124
76
10
Insulation
Range Since January 1
.■
28(4
__v
25
,,
Manufacturing Co
12
...1.8%
;
Shares
49%
16
•
15%
Jun
19% Mar
Jan
Mar
,
Jan
52
;
for Week
High
20%
20
9
Sales
Week's
Range
of Prices
Low
—.20
Tel
Gibson Art
14%
16%
,
100
common_8%\
;
Eagle-Picher
Jan
Jan
37%
—
25
Jan
12
17%
Fibre..—
Lunkenheimer
10
.
__L„
common
Cine & Sub Bell
>150
10%
1
60%
73%
.Last
Street
4%
37%
3
17%
Jun
Sale Price
Machine..
&
Gas &
N O & T P
Cincinnati
9%
14%
10
cap___
Jun
60 %
.
*
-
—
9%
—
1
14%
300
Par
American
30
Jan
120
11%
6%
•
common.
Apr
12
&
Gamble
.*
,
61%
"
«
common
5%
4.400
1
46% May
28% Jan
9%
43
5
Gibson Refrigerator *Co common—
Goldblatt Bros common
4% Mar
Jan
60%
STOCKS—
Kroger Co
General Amer Transpor common-
Jan
25 %
Jan
4%
•
10
-1%
27 %
14%
Friday
453A, Jun
9%
•
■—5
common
Jun
14%
1
Connell—
Four-Wheel Drive Auto
Fox
3%
__
(The)—
Corp
Simons
D
Corp class A
17%
18
Cincinnati Slock Exchange
C
Credit
Domestic
Apr
600
4%
•
30% Mar
37
26%
5
—
9%
4%
1
11% May
7% Apr
100
26%
45%
Commonwealth Edison common
14%
Jun
Feb
100
5
5
—
—
__10
common
Jun
7'A
25
14%
.
Cities Service Co
32
9%
400
17%
25
___
Spring
common
Jun
1,400
7%
4%
15
Corp—
Co
900
10%
1%
Corp
Wilson &
25%
9%
17%
•
2%
Corp common——
Sunray
600
Jan
7 'A
io%
•
common
Schenley Distillers Corp.—
Socony Vacuum Oil Co Inc
Standard
.9%
•
common
America
Raaio-Keith-Orpheum ___,
Republic Steel Corp common
Rexall Drug Inc
-
..
-1
33%
Co
Corp
"3%
•
Jan
*
Chicago Towel Co common
Chrysler Corp (new)__
York
New
Apr
10%
III 5
5
Cberry Burrell Corp common
_—1
Chicago Corp common
a
Chicago Mil St Paul & Pac v t c_
»
Chicago R I & Pac Ry common-
Nash-Kelvinator Corp
United
10%
pfd—
conv
7 3/4
11
9
—10
commou
Jun
15
1
common—_~
4%
44
„
-12 %
Central ,111 Secur Corp
550
10
—
4
common—
4%
Feb
10%
'
■
.
112%
common
Carr-Consol
Jan
26%
10
__
common.—_ —
Burton-Dixie Corp
Butler
7Vs
Jun
5
4%
—
Borg (George WV-Corp
X—
Brach & Sons (E J) capital—
Bruce
5
Jan
May
26
1
1
capital—
Laughlin Inc common. —2%
Bliss &
150%
11
4
^
_
Berghoff Brewing-Corp
Mfg
1,300
Jun
la1* May
27
Belden Mfg Co common
Binks
5%
138%
•11,500
26
~
Bastiam-Blessing .Co common
Bendix
€00
la7*
3 2
5
17% May
Mar
Jan
Jan
Jan
U
S
U S
preferred
Preference
Stores
216
.2
55
50
55
Feb
66%
220
Jan
Jan
,
Jun
'
31
31
31
11
30
Jun
47
47
47
75
40%
Jan
48% May
28
28
263/8
Feb
7%
Jan
19%
Jun
27%
Jail
150%
Jan
i—,10
-
<■
55
1
;..
Rolling
—Li'
1
Mill
—
100
138%
'
>.
Jun
25
*
8%
_
_—__10
55
■•
-
*
American Tel & Tel
Rights
573/8
477
58% May
39
Jari
Stocks—
American Airlines
American
62%
220
*
:——.
.
Allied
220
__
50
.Plftying Card—
Printing common.^
Unlisted
100
.
61%
8%
40
19%
207s
558
139%
122
138
Jun
1%
L .049
1
May
138
1%
-
29% May
9% Mar
lii May
n
(2671)
CHRONICLE
FINANCIAL
&
COMMERCIAL
THE
Number 4813
169
Volume
OTHER STOCK EXCHANGES
RANGE
Low
Par
Chesapeake
25
Ohio
&
42%
—
1
4
—
Light
—
•
_7
_
Jun
3
Jan
7%
7%
40
7%
Jan
10
Jan
30% May
24% Mar
28% May
Gerity-Michigan Corp
Goebel Brewing
Hoovet
34%
34%
35
190
34%
Jun
39%, Jan
54
10
—
513/4
54%
323
513/4
Jun
62%
31%
31%
38
Register
.
0
24%
24%
--
—
0
Car
24%
70
40
■
4
Jan
83%
Feb
12
Apr
Kinsel
(newiu—
93/4
Jun
14
Jan
Kresge
1
-
—
150
14%
Jun
17%
Jan
35
17%
Apr
21 s/8
Jan
LaSalle
Jun
78
Jan
Masco
20%
Jun
26%
Jan
McAleer
24%, May
515
1%
Feb
2% May
l3/a
100
1%
Apr
1%
2%
300
1%
1%
1,800
10%
STOCKS—
Range
Last
,
t
Tel &
American
'■
Par
'
Low
'
-
200
3%
24%
Jan
•
Clark
Iron
Cliffs
System
Natural
(EI)
—
—
625
3%
Jun
28%
24%
Jan
13/4
600
1%
Jun
14'/a
Jun
17
Jun
16
Jun
76
Jan
36% Mar
42%
Motors
20%
Jun
25%
285
9%
Jun
12
30
38%
Jun
common
(Un)
Industrial
Interlake
(Un)__
Iron
Medusa Portland
30
81
Jun
94
Feb
American
(Un)
10%
71
Jun
14%
■
->
.
4%
Jun
77
34%
Jun
40
Jan
89
51%
Jun
62%
Feb
17%
100
17%
Jun—
21%
34
Jun
45%
25
Feb
29
Apr
12%
World
Publishing
.
.
Co
Copper
Mining Co
(Un)
33 %
67
9
Jun
33
Jun
37
9%
13 %
Jun
Jan
a9%
5
33%
125
33%
Jun
30
30,
100
27%
Jan
33
24%
24%
95
23 V2
Jun
33%
.
•
40% Mar
Barker
t
25
34
34
34
Jun
14 y8
118
14% al4%
"
'
Jun
May
Jan
17%
Jan
Bendix
Bethlenem Steel Corp
17
Jun
27%
Jan
1,278
Jun
43% Mar
Boeing
998
20
Jun
26%
Jan
Bolsa
Jan
17%
361
37
38%
21
21
Blue
Aviation
Diamond
Corp
Co
Borden Company
15
33%
Jun
42
20'A
Jun
24% May
Jun
12
Feb
Jun
74
Jan
Budd
Co
Byron
Jackson
53%
21
a55'% a.55 %
*
1'
(Un)
Co
Corp
New York Curb Exchange
DETROIT
Building
—
—
„
__
„
3%
Last
STOCKS—
" Range
of Prices
Sale Price
V-r.V
I
.
*
'
\
4
.
Altefc
Rubber
Briggs
Brown-McLaren
—i.
'
—
.i
_—.—.—
Adding
1
Motors
—10
.'—1
common
Edison
—
„,
Gray Iron-—
Detroit-Michigan Stove common
Detroit Steel Products-——
For
footnotes
see
3%
Jun
7% Mar
6% May
8% Jan
f
page
46.
_20
__
.
7%
125
22% w
300
-
22 %
Jun
31%
1%
Jan
;
•
*
100
93c
Jun
13%
390
133/4
Jun
16
Jan
18
100
18
Apr
20"%
-
18%
,
5%
100
5%
18%
200
18%
Power
Electric
Jun
-
.'
8
18%
Garrett
Jan
Jun
"">■
General
General
5%
650
5%
Jun
63/4
Feb
4%
4%
850
4%
Jun
5%
Jan
General
21%
21%
5,494
20%
Jan
22%
500
2%
Jan
ls/«
6 Vb
6%
375
15%
16%
1,315
6
250
290
85
13% 13%
a25y8 a25%
f??
1J2
10
42c
43c
a302 a302
%
%
1,150
52
300
42c Jun
302 ^Mar
A Jun
10% 10%
34/2
35
fi40 /4 a4J%
52% 53%
al2% al2%
150
682
130
1,165
112
Corporation —
Electric Co (Un)
Foods Corp
(Un)
Motors Corp
common
Public Util Corp (Un)
Goodrich
15%
210
-.115
650
130
—
Apr
1%
1%
21% Mar
12'(4
&
A
1
Farmers & Merchants Natl Bank—100
FAR Liquidating Corp
1
General
(BF)-Co
(Un)
Jun
9%
Jan
Goodyear Tire & Rubber Co
Graham-Paige Motors Corp
Jun
23%
Jan
Greyhound Corp-(Un)—
Juny i;'
110
1,525
a25%
5
—
al8%
,
10%
34%
•
•
10
5
1
*.
—
2
—•
common—•
(Un)
-
42c
a302
a41
53%
-
-
;
j
a52%
^
—
—3-11%
-
a52% a52%
34% 34%
1%
1%»
10% .11%
'•
JO
414
825
2,408
19% Jan
11% Apr
26% Jan
26%
3% May
23 Apr
May
17% May
10 Jun
fL
25% Jan
3 Jan
4
—
48May
5% Jan
19
3% Apr
126
5
5%
8
8
al87/a al9%
-
9%
•
(Un)—•
50c
Oil Co Ltd class
5%
5%
15%
Jun
12% Jun
15% Jun
225
60
Share Co (Un)
5
Light Corp (Un)—*
(Un)
—
Jan
5%
21%
Electric Bond &
Exeter
Jan
93c
18
*
•
1
1
10
5%
,7%
Zellerbach Corp
Electrical Products Corp
"
Feb
13%
Cleveland Navigation——5
&
Detroit
Detroit
1
Bros
Detroit
Feb
5%
*
—2%
Cunningham Drug Stores
Davidson
2%
93c
93c
*
Machine
Consolidated Paper common
Continental
200
425
300
56% Jan
38% Feb
High
3%
5%
*
1
'
Burroughs
r
22%
1
—I
common.
Manufacturing
LOW
High
3
1
Brewing J——
Baldwin
Low
Par
.
'
Allen''Electric
1
5
Publishing Co (Un)
Curtiss-Wright Corp common
Dresser Industries Inc
Range Since January L
---
May
*7% May
8-% Jun
5% Jun
54% Mar
8 /a
22 Jun
5 Feb
IV* Ja£
20 Feb
I?14 m
11 Feb
21% Jun
Curtis
for Week
Shares
10
44% Jun
5%
5%
a50% a52%
9A
9A
al9% a20%
8%
24
7c Jan
103% Jun
—-
75
1,338
300
550
-
9% Apr
329
•
Jan
Apr
8c Apr
14% Jan
--13% Jan
10
Apr
24
-
10
3 2
"tan
in
634
9%
9
10 %
9%
10
Jun
7% Jun
1,000,
305
1 22
145
10 v
a22 a22%
12%
-
12%
9%
1
5
Crown
3%
al3% al3/a
25% 25%
3%
3%
al3%
*
Vultee Aircraft (Un).—1
Creameries of America Inc
Sales
Week's
JO
-
(Un)-*
1
(Un)
Continental Oil Co (Del) (Un)
Friday
3%
al2% al2%
153/8 15%
—
6/4 Jan
25y2 Mar
Jan
41% May
Jun
46% Feb
7% Jun
160
7'%
Jun
Jun
38% Feb
50
45ys
40% 40%
-
(Un)
Continental Motors Corp
Detroit Stock Exchange
3,158
44'%
Consolidated Liquidating Corp
Consolidated
8
8c
8c
103% 10%
a30'/a a30%
a9y8 a9%
—
Consolidated Edison Co of N Y
Consolidated Engineering Corp
WOodward -2-5525
23%
5%
18 %
6%
475
56
*
Commercial Solvents Corp (Un)
*
Commonwealth Edison Co (Un)
25
Commonwealth & Sou Corp (Un)-_•
Chicago Stock Exchange
1,021
2,010
a20% a20%
1
common—•
20
Columbia Gas System Inc
•
Jan
Jan
Jan
Mar
-
7%
*
-
Preferred
....
75c
47%
18%
34%
38c
40
50
425
Tun10
Clary Multiplier Corp
Colorado Fuel & iron Corp
Members
Jun
Jun
ll% Jun
27% Jun
200,
160
1,005
1 20
a39% a40%
a42% a42%
7% 7%
_25
Com
Cities Service Co
Apr
Jan
Apr
Jan
—
10c
25
25
1
(Un)_.
(Un)
Products
12
10%
4%
21
7%
I--—III—*
Pacific Ry Co
I)
(J
Phrv«1#>r
& Co.
Watling, Lerchen
Telephone:
a39%
Jun
Jun
Apr
Jun
100
•
Borg-Warner Corp (Un)
Broadway Dept Store
8
55
6%
27% Jan
8%
7%
2.50
15%
5
1,300
1,330
5
(Un)
26
200
Certain-teed
Ford
7%
Jun
7% J»n
*5% Mar
7/2 Jan
-
23% 24Vb
5%
5%
18y2 18%
—
37% Jan
35% Jan
90 Mar
5y» Jun
8%
41
11%
12
a26% a26%
—
Jun
25 % Jun
20% Jun
326
• -
7%
2.75
• 16
52%
41
....
Chica Oil Corp
538
8
8
a26%
1
(Un)
a 34%
33%
12
—5
Corp
Airplane
__
*
-2
(Un)
a20% a21%
a
8%
„
lft May
195
5
7%
2.70
15%
„
2.70
15%
May
259
185
5%
a80% a82%
5%
5%
•
Feb
Jan
54
150
23
a80%
5%
20e
(Un)——33y3c
14% Jan
H>y» Jun
42'A Jun
138% Jun
390
1
5
(Un)—
Co
'
"
37
17%
common
Consolidated
$
Jan
9%
102
380
400
10%
3% Apr
3/• May
28% Jan
9 /a Mar
800
263
100
-1
10
Company
Oil Co
14%
10%
2% Jun
2% Jun
27Va Jan
7
Jan
420
1,000
130
23% 24%
25 % 25%
al9% a20%
—
13
(Un)
(Un)
RR
Corp
Oil
Barnsdall
Jan
36%
Bros
Barnhart-Morrow
Jun
10%
Exchange
3
2%
1
High
Range Since January
High
1
,
Basin
a
Ohio
Petroleum
Bandini
Jan
33%
&
Baltimore
Mar
4%
Apr
3%
Case
Detroit Stock
Low
Shares
7,357
5
Baldwin Locomotive Works
3%
100
3%
a9%
Stock Exchange
Sales
for Week
1ft
(Un)——
(111)
Co
i:
Canadian
New York
Jan
120
960
25%
a20%
Corp
Calumet Gold Mines Co—
,
1%
a39% a39%
138%
139
(Un)__30
10
Steel
Armour
14
150
33%
•
Tube
May
10%
_5
Atchison Top & Santa Fe Ry (Un)_10O
Avco Manufacturing Corp
(Un)„
..3
Jan
Jun
Jan
9
-10
—
Youngstown Sheet &
Jun
21
33
.
I—*
__*,
*
(Un)
1
138%
•
(Un)
Woolen
Anaconda
Jan
9
12%
9
•
& Carbon-—:
Apr
2,800
li3«
American
May
11% Jan
1-*
Standard Oil of Ohio common
1%
1
a26% a27%
8%
9
„
Jan
13%
11%
20
*
U S Steel new common
9%
10
a9%
41%
33% Mar
20
a36
595
12%
*
Bros
6®/8 May
Feb
2%
„
Rights
Jan
10
29
a9%
50
(Un)
Feb
1
2y8
__
a27%
8%
•
1
Jan
108
17%
,■
;—
Union Carbide
a
a21% a2l%
*
1
_1
(Un)
Mfg Co
Airlines Inc
America^ Radiator & St San (Un)—•
American Smelting & Refining (Un)__^
American Tel & Tel Co (Un)
100
Apr
50
a36
1
Pennsylvania RR (Un)
Radio Corp of America
Republic Steel (Un)
Richman
7 y8
4%
,
1-1
:
•
>
Packer Corp
9%
33
B
634
Jan
—_——
Ohio
■
81
Armco
—*
Edison
—
8
Oil (Un——♦
Ohio
(Un)
29
•
(Un)
class
Brass
Allis-Chalmers
Cement
Y Central RR
Ohio
Jan
Jan
a35% a37%
10
National Tile & Mfg
N
Alleghany Corp
32%
:
Sessions
&
50%
47'/a May
Jun
1
Kelley Island Lime & Trans
Lamson
Apr
Jun
21%
a52% a54
*
390
2,200
Low
10
Alaska Juneau Gold Mining Co
'I.
43
43%
90
100
Laughlin (Un)__
Jones &
10% Mar 1
1
of Prices
Par
26
*
(Un)-—-.—,
Rayon
Last
65
a34 % a345/s
11 Vb
Jun
6%
Week's
Range
Friday
Sale Priee
43% a43%
a4%
*
8%
1
STOCKS—
a22% a23%
9%
Jan
1,078
83/4
Angeles Stock Exchange
Los
<
a43% a45%
81
18 3/8
1
-—1
46% Mar
a
Jan
Jun
6%
—
-.
Jan
14
8%
—4
'
iO
10
(Un)
15
14
12%
Jun
14
410
Jan
Jun
11%
150
6%
10%
985
11%
—
Apr
a20% a20%
10
a38% a39
105/8
11%
Aircraft
Jan
90
10 %
Jan
Jun
26
Jan
5% May
220
-10%
10%
Jan
40%
10
5%
I
Corporation
Jan
65%
a
Jan
May
3"%
1
5%
_5
-
Mar
10%
500
(Un)—
Co
50
500
a397/a
H OO cr^
Jan
4%
29
Jan
11
—15
5
—2
*
*
Goodyear Tire & Rubber common.
Great Lakes Towing common
——
Wayne Screw Products
.
250
26
Mar
Jan
34%
68
——1
Electric
General
Gliclden
_
—
(Un)
(Un)—
Sabriel Co
General
(Un)
common
new
Electric Controller
Erie Railroad
105%
Jun
—
Gas
Manufacturing
Eaton
Jun
29%
10%
(Un)_—,_1
*
(Un)
15
Chemical
duPont
102 y4
65%
Graphite Bronze
Dow
18
160
al4% al4%
Cleveland
Gas
•
200
2%
320
26
26
1
Investment
Warner
13%
Feb
lft May
192 May
800
Jan
65 V2
Electric Illumin common—*
Columbia
150%
Jun
138
10%
Cleveland
Consolidated
Manufacturing
Udylite
Union
Feb
May
1
common
preferred
$4.50
29
100
Controller
Cleveland
*■
a29% a30
25
1
(Un)
Chesapeake & Ohio RR
lft
102% 102%
100
prior preferred-,
Electric
112
al38% al39
l&
Apex
3%
Jan
10
3%
.
-
100
3%
'
—
11
Products (Un)
Tel (Un)
High-
Low
High
a27% a27%
Manufacturing———50c
Jun
2%
3%
1%
5
Timken-Detroit Axle
Range Since January 1
10%
2%
28
I3/4
10
Scotten-Dillon
Shelter
100
■
River Raisin Paper common
Week
Shares
of Prices
Sale Price
V
for
Feb
3%
1
Jan
3% May
2.00 Mar
2% Mar
95C
2%
2
<
Sales
Week's
Friday
Jan
2%
1%
1%
"1%
-1
Oil
«
Cleveland Stock Exchange
393/4 May
2% Apr
2%
Brewing common
Pfeiffer
Apr
l3/4
—-
Corporation
Murray
Mar
1%
100
1
Mfg
McClanahan
Jan
26%
20% May
30
21
Jun
20%
190
20% '213/4
'21
8
17
fw
Mar
36
Jan
3/g
Jun
VWl.
1%
Mar
6
Jan
4%
529
Jan
14
Jun
15
100
Jan
19%
Jun
May
3%
25/a
*
'
-*•—
1
Products
Screw
60%
135
2
1„
Wines
Parke, Davis common
Peninsular Metal Products
American Home
11
25/8
■
•,
12%
100
.
38
38
—
*
Brass
8% May
10%
Lansing Stamping
18%
266
1%
Packard Motor Car
Akron
Jan
630
4%
16%
1%
1
National Stamping
>
Jan
5%
Jun
52%
300
4%
4%
«...
10
14%
20%
♦
—
21
.12%
11
16%
1
—
S)
(S
Co
63%
-
123/4
3%
'
--
-1
common
Drug
60 %
62%
10
Westinghouse Electric
King-Seeley
20%
25
(Ohio)
"
—1
Kaiser-Frazjr
69
10
123/4
'
:
—
1
Jan
4%
18%
♦
«
Steel
S
U
Feb
5%
i60
8
11
—10
Bearing
&
143/8
•
J)
(N
Feb
61%
Jun
400
73/8
Manufacturing
17% Mar
67
9%
.
9%
15
—
Brands
Oil
9%
i
10
.—*
Socony Vacuum Oil
Standard
31%
Jun
Jun
-
Radio Corp
Standard Oil
Jun
3%
14
4
14
14
50
:
:
63/4
Jun
3%
749
•
2,320
33/,
8
—
Mar
950
3
3'4
195c
3
725
533/a
52%
535/8
1
Jan
3% Apr
Jun
Jan
50c
2,400
4
3%
4
1
....
Howell Electric Motors
Apr
-
Pennsylvania RR
Pepsi-Cola
Standard
3%
jL
—
35
24%
3%
>
w
_
Ball
Hoskins
Feb
Feb
303/4
c
Cash
10
26%
_
General Motors
Apr
26%
Electric
Motor
26%
176
28%
28 Ve
_
-
Industries common
Gar Wood
3%. May
2%
700
23/a
75c
High
6%
Jun
_
Motors
Oil
Ale
93/4
50
Low
33/9
100
3%
65c
74c
Range Since January 1
High
2%
———
Apr
110
650
3%
*
Stores
Department
Packard
Friars
Apr
12
26%
10 %
—
28 %
•
Ohio
29
253/4 Jun
Brewing
Frankenmuth
3%
—
—
_
Power "&
National
48% May
Shares
35/8
—
9%
•
Southern
&
Curtiss-Wright
General
Feb
—
0
General
37%
0
Truck
25%
«
City Ice & Fuel
Commonwealth
Federated
34%
—
Columbia. Gas
Dayton
Jun
41
•
293/8
Motor
Federal
Jan
179
30%
for Week
Low
Par
High
LOW
Range
Sale Priee
Range Since January 1
High
41%
—
1
«
29%
30 %
10
Service
Cities
Shares
of Prices
Last
STOCKS—
for Week
Sales
Week's
Friday
Range
of Prices
Last
Sale Price
17
JUNE
Sales
Week's
Friday
^STOCKS—
ENDED
WEEK
FOR
uvs Apr
-
8% Jan
55% Jan
Z7 Jan
7 Jan
•
2 %
lit Mm
'
26%May
4
.
65c Jan
SiO J h
a
,
Feb
43% May
^
52 A
11% Jan
13% May
1
34%
-
10% Feb
,
jVt,J«h
ii% Apr
*s.
40
COMMERCIAL
THE
(2672)
OTHER STOCK
RANGE
Low
Par
Oil
Hancock
Hilton
Co
of
Calif
class
Motor
Foods
Illinois
Inc
Central
v
326
—
100
Philadelphia-Baltimore Slock Exchange
119
Jun
9
8%
1.80
8%
6,100
1.70
Jun
10
100
9%
Feb
50
a8%
Va
(Un)
International
Co
Paper
(Unt
15
(Un)—•
International Tel 81 Tel Corp
—
—
American
American
Jan
Tel
Kalser-Frazer
1
•
5
Corp
(Un)
Corp
Kern County Land Co
Copper
100
4c
16%
10.000
1.00
700
22%
Feb
29 Va
Lane-Wells
Company
Libby McNeil & Libby (Un)
—
1
7
Jan
9c
7%
Feb
Feb
Baldwin
17% May
1.00
1.50 Mar
11%
Apr
257
42 V#
Jun
11
8
13%
10c
Lincoln Petroleum Co
4%
2,340
135
1st
9
Jun
Lockheed Aircraft Corp
Bankers
Jan
6%
1
Magnavox Company (Un)
McKesson & Robbins Inc <Un)_„
Menasco
Manufacturing
1.45
Securities
Corp common
Petroleum
Merchants
(Un)
Jan
Electric
Pcwer
&
a48%
*
1
Light com——13%
Jun
26%
Jan
150
7%
Jun
17 Va
Feb
1%
Jun
2 Va
Jan
Jun
1.90
Jan
8
.
10
(Un)„„,
City
Distillers Prod Corp
Lines
Inc
New York Central RR
(Un)
790
1.00
1,300
25
2 Va
Jan
3
150
49 %
Jun
59
1.35
Jun
11
85c
(Glenn
Pennroad
Corp Ltd
Jun
147/a
American
North
Co
6%
Feb
17%
Jun
19
9%
Jun
13%
'
9%
Penn
Jan
L)
Jan
9%
8%
9%
300
8%
Feb
12%
Jan
13/4
1%
P/4
5
13/4
Jun
3.25
9%
9%
7
93/8
Jun
13
Jan
115
Jan
Mar
108
7%
10
8
108
45%
212
7%
Jun
9V3
Jan
743
44%
Jun
57%
Jan
422
4%
Jun
7%
44%
46%
4%
5%
17%
17%
17%
30
19
19
19%
535
34%
36%
344
56%
57
106
28
Apr
5
16% Mar
Jan
19% May
Jan
20
34%
Jun
51 Va
56%
Jun
75% Mar
16%
May
36%
'
™
/
Jun
Jan
54%
1,944
51%
123/4
170
12%
Jun
17%
Jan
7%
604
6%
Jun
113/8
Jan
3%
3%
20
3%
Jun
5%
Jan
73/a
7%
88
7%
Jun
50
—
53%
—
1
62%
Feb
12
Apr
8% May
1
10c
10c
2,500
'
"73/3
7%
7%
2,335
6%
Jan
•
18 Va
17%
18%
2,250
17%
Jan
20
—50
RR
Power Co
Water &
div
$1
Jan
20c
May
143/a
14
14%
4,177
14
Jun
17%
10
*
com
32%
343/8
34%
Jun
37% Mar
Apr
36 %
20%
Jan
24% May
'
-
„
Jan
32%
50
33
336
34%
'
-4-
May
*
Apr
Jan
preference
Corp
♦
21%
21%
23
*
—3
23
23
23%
265
23
Jun
25%
Feb
25%
25
26%
396
25
Jun
40%
Jan
*
21%
21%
21%
745
20
Jan
23%
Apr
25%
26%
817
25%
Jun
28%
Feb
17%
18%
157
17%
Jun
23%
Jan
51
common
common
common
.
5,238
Jan
1
(Un»
14%
6%
-
Philadelphia Electric
Mar
8%
8%
8%
1,875
8%
Jun
11%
10
Inc
(Un)„
Jun
7% Mar
118
250
17%
10c
1
—
North American Aviation
11%
12%
Corp
Pennsylvania
Phi'co
Nordon
1,005
51%
10
Pennsylvania Power & Light—*
2.10 Mar
475
a6
17%
9%
__
11
350
11%
a5%
__
•
13%
Mar
200
Martin
Feb
__
•
(Un)
Jan
11%
10
Corp„
Lehigh Coal & Navigation
Lehigh Valley RR
10
1%
11 Va
1
National
National
-3
May
1A May
5
Motors
Gimbel Brothers
Pennsylvania Salt Mfg commjn
Nash-Kelvlnator Corp
May
150%
12%
50
Battery——_*
Storage
General
18 Va May
20%
a2% a2%
a47% a49%
1.35
1.35
—
1
26
Jun
Apr
14%
85c
1
Montgomery Ward & Co Inc
Mt Diablo Oil Mining & Dev
22
.16% Jan
147
632
21
1%
1
Co
Monogram Pictures Corp
530
17%
16'/a al6%
a31% a31%
—
1%
1
133
14.315
100
•
2 Va
Corp
Delaware
Jan
20%
8
a
—
18
Co~.—*
17%
—
20%
2,693
8% Mar
Jun
Jun
95c
—
Budd Company
J an
26%
"450
16%
a
High
Jan
139%
138
1 %
*
c_
1
46 %
4,050
t
Davison Chemical Corp
Jun
Jun
1.05
20
Low
21%
45
24
1 %
•
39%
95c
v
t c
v
Curtis Publishing CO—_
20
—
—*
Angeles Biltmore Hotel Co
Range Since January 1
High
23%
138%
13
Jan
410
1.00
1
(Un)
Inc
JLoew's
Low
24
Jan
56 %
810
21
6%
Co com
preferred
___
Fidelity & Deposit Co
Los
Shares
Jan
Apr
May
43
Works-
Locomotive
Baltimore Transit
49% Mar
Jun
275
•
May
75
a9%
43 %
8
20
6%
—
100
Tel
&
Arundel Corporation
Jan
2c
2,740
4%
4%
a41%a42%
39% 39%
4%
a42%
•
Stores
Chrysler
Kennecott
for Week
rlA
23%
a9%
42%
8
a9%
*
Range
of Prices
Par
Jan
Jan
11%
8% Feb
Last'
Jan
4%
13
Sales
Week's
Friday
Sale Price
STOCKS—
May
5%
Interlake Iron Corp
17
High
Feb
800
100
16%
10
Low
4c
15
—
.
JUNE
Range Since January 1
High
23%
23%
25c
33V30
Corp
Petroleum
Intercoast
a8%
—
100
(Un)
Co
Imperial Development Co Ltd
Independent Exploration Co
10
—
6.66%
*
RR
1.75
12.50
Car Co
8%
1.70
—
1
,
Shares
100Va 100Va
—
5
yotels Corp
Holly Development Co
Hudson
Hunt
A—*
EXCHANGES
ENDED
for Week
of Prices
Sale Price
WEEK
Monday, June 20, 1949
Sales
Week's
Range
Friday
Last
STOCKS—
FOR
CHRONICLE
FINANCIAL
&
17%
17%
17%
500
16%
Jan
Jun
17
Jan
11%
Mar
Gas
&
common
Jan
41c
Public Service El
19% May
12%
100
12%
12%
12%
260
Northrop Aircraft Inc
1
6
6
6
867
Occidental Petroleum Corp
Oceanic Oil Co
1
30c
30c
30c
1,700
25c
1
1.65
1.60
1.75
5,800
1.60
Jun
2.65
a25
a25
50
25%
Feb
32%
$1.40
dlv
Reading
Jan
preference
*
common
Co
common
50
Paper
common
18%
*
Jan
Pacific
Northern
Ry Co
(Un)_
6
May
Scott
Oil
Ohio
Co
(Un)
•
__
Feb
Sun
Oil
United
Clay Products
25
&
Elec common
"Lighting
Corp
30%
Gas
12%
100
12%
Jun
13%
Apr
United
30%
630
30%
Jan
33%
Feb
Westmoreland
50%
417
50%
Jun
53%
Jan
55% May
52
Feb
60%
25
%
Jun
il
Jan
,_1
13%
2%
211
2%
Jan
3%
Apr
930
18 Va
Feb
22
Apr
28%
Jun
37%
Jan
37%
Apr
54%
Feb
56%
3
Apr
Apr
50%
_*
46%
313
%
———
Corp
30%
10
Gas
Pacific
203
56%
%
•
12%
Pacific
Pacific
51%
53%
1
Co
Tonopah Mining
Improvement—
Coal
19%
18%
19%
28
23
37%
20
41
50
BONDS
Packard Motor Car
Pan
(Un)
•
Airways Corp
American
(Un)__2%
Co
Paramount Pictures Inc
Pennsylvania RR Co
Pepsi-Cola
Co
(Un)
(Un)
(Un)
3%
a8%
10
19%
19%
195
19%
14Va
14%
717
14%
9%
9%
__
50
—
—„_33%c
—
;
610
3%
a8%
__
a8%
1
.
__
3%
610
Jun
4%
10%
.1975
$13,000
Apr
24
Baltimore Transit Co 4s__.
Jan
8% Jan
Jan
Jun
Jun
17%
12
•
Apr
Jan
•
Jan
Jan
8
A
"*
Phelps Dodge Corp
(Un)
Puget Sound Pulp & Timber Co
Pullman
Incorporated
Oil
Pure
Co
a37% a37%
*
__
35
39% May
53.,
al2% al2%
50
a31% a31%
23
(Un)
95
12% May
32% Feb
36 Va May
a24% a25%
250
25%
Jun
32
Apr
9%
Jun
14
Jan
*
(Un)_
a25%
Radio
Corp of America (Un)
Radio-Keith-Orpheum Corp (Un)
Republic Petroleum Co
•
9%
10%
1,974
20%
Pittsburgh Stock Exchange
Jan
Friday
STOCKS—
'7%
7%
200
7%
Jun
9
Apr
4 i/a
43/3
5,703
4%
Jun
6
Mar
Republic Pictures Corp (Un)
Republic Steel Corp (Un)
50c
3
3
700
23/8
Jan
17%
135
173/8
Jun
Reserve Oil & Gas Co
__1
Rexall
Ir.C—
Drug
Ranch
Rice
Oil
Richfield Oil
Corp
Seaboard
Finance
Jun
5%
4%
Jun
55c
3,700
50c
Jun
32*%
1,892
25
Jan
4%
1,025
4%
Jun
21%
21%
100
17%
Jan
6%
6%
150
6%
Jun
23 Va
250
22%
Jun
273/4
1714
1,120
16%
Jan
Fort
Sears
Shell
Co
Roebuck
Union
(Del)
Sc
(Un)_
19% Mar
a367/8 a37%
Co,
*
Oil
Corp
Sierra Trading Corp
„:
Signal Oil & Gas Co class A
-
351/0
25c
Signal Petroleum Co of Calif
Sinclair
Oil
41
Solar
Aircraft
343/4
Feb
39%
Southern
Feb
383/a
4.88 %
6c
6c
1,000
6c
Jun
27
28%
1,954
203/4
Feb
10c
283/4
,
Sunray Oil Corp
4%%
Swift
&
Co
Union
Union
Union
United
United
United
Corp
Corp
(Un)
de
(H D)
For
footnotes
Co
see
35%
Jan
JJl
Apr
35%
49 Va
Alloys Steel
32%
27%
34%
995
32%
363
273/4
Jun
*18%
269
17%
Apr
29 %
18%
Feb
•
25
56%
56%
a36% a37Va
_
a37%
25
a60%
1
__
(Un)
•
Jan
37%
.
——♦
(Un)
46.
580
16%
9 Va
100
17%
124
287/a
Shares
Low
Par
(A
Co
S)
Range Since January 1
American
Investment
413/4
Apr
American
Tel
Jun
72 3%
Jan
Feb
21%
&
Tel
(Un)
1
38%
Jan
Bank
Jun
11 %
Jan
Brown
Feb-
19%
Jan
Burkart
30
50
17
Jun
19
16%
16%
25
16
Feb
17% May
.
133 V8 139%
547
lVa
1 a'j
Rights
High
17
16%
100
common.
Low
High
17
5
common
1%
2,079
116
138 Va
Jun
W2 May
9
Jun
"
150%
Mar
Jan
l/s May
9% May
Feb
Jan
Bldg
& Equipment common
Shoe
3
common—
9
9
30%
—
—
9
30%
16
29 Va
Mar
31%
16
Jun
18%
Feb
40
26%
Jun
30%
Jan
64
30%
16
15
common
Mfg
190
'
Jan
.
1
26%
26%
55% May
Falctaff
Brew
28%
28%
10
23%
Feb
32% May
64
Mar
General
Electric
common
(Un)
*
34%
34%
35
235
34%
Jun
40 Va
11
Jan
Jan
General
Motors
common
(Un)
10
53%
52 V8
54
692
52%
Jun
62%
25
20
850
10%
11%
5,673
11%
140
65/8
300
22Va
125
19%
Jun
25%
10
Jan
12
10%
6%
20
Feb
Feb
Mar
Mar
350
25
26 %
2,137
a73% a75%
Brewing
2
2?%
29 %
6O0
19%
Jan
common-.
P Brick
1
2%
2%
150
1%
Jan
41V8
41%
335
40%
Jan
5%
Jun
35 Va
Jun
Jan
Feb
May
2% Mar
13% Mar
7%
24
Jan
41 Va
May
Jan
25
Jun
International
Shoe
Knapp-Monarch
common
•
41%
78%
Feb
86
42
223/4
Feb
26 %
3
200
23/a
Jan
a33 a34%
185
common
1
10%
Laclede
common
4
Laclede Steel common
20
5%
5%
5
Gas
10
6Vs
6%
5%
.
200
44 Va
8%
Jan
Jan
10
Jun
14
Mar
1,450
5
Jan
7
May
185
23
Jan
10%
579
6%
31% Mar
189
a21
a™3
*
Hydraulic
1
common
Laclede-Christy common
35%
21%
20 %
4$
30,?
21%
363/4 May
•
Jan
Apr
3% May
39%
Feb
Midwest
1,912
20 %
Jun
24 Va May
2,465
35
Feb
43
Jun
1st
ll7/a
Jun
2nd
117/.
205
10%
10%
450
93/4
Feb
6
6
150
5%
Feb
103/4 Mar
% "
*
19%
19
25
17%
18
(Un)
—10
17%
17%
com
17%
Jun
34
100
19%
Jun
22% May
275
25
16
Jun
18
Jun
15%
Jan
19%
Apr
60
Rice-Stix
25%
Feb
19%
100
19%
Jun
100
130% 130%
5
130%
Jun
132
May
100
126% 126%
6
126%
Jun
127
"Apr
19%
*
common
preferred
—
preferred
12% May
7%
Apr
St
Louis
Scullin
f
-
Portland
American
North
23
Cement
Piping & Supply common
Missouri
23
'
117/.
Jun
5%
Jan
—_—
10
10
50
10
Jun
19 %
Jan
Co(Un)—
34
35
258
34
Jun
39%_Jan
May
15
Jan
Jun
46
Jan
Public Service
Steel
common
class A
50c
137
a46%
Sales
for Week
of Prices
Feb
*
7"
a4^
Exchange
Range
Feb
35%
~~3
1
Jan
Last
Sale Price
Jan
a20%
II
Jan
26%
8% May
22Va
26 Va
5
Feb
34%
Jun
58
63/b
~1
34V4
Jun
49
iia/R
♦
Jun
20%
188
10
-
22%
_
29
21 %
203
Week's
Friday
STOCKS—
Griesedieck-Western
10
100
630
22%
250
a8
; 19%
a73%
_•
63
1,147
-
29
24%
20%
a55% a57%
-11%
25
Jan
a48% a50%
~
10
(Un)
327
a63
a8
50
•
Feb
9%
10
(Un)
37%
17%
_
__i
Bakeries
67%
17
a56%
35%
__J
(Un)
Jan
16%
29
St. Louis Stock
i
Clinton Industries common
1
•
8%
Jun
7
21%
24%
12.50
Jan
Jun
206
a277/aa28%
5
(Un)
Jun
12%
Feb
21%
56%
.
91%
__
___10
2
1,341
al7% al7%
a^8%
50c
(Un)
v
~~
1_
25
30
t
29% May
Jun
a25% a26%
a25%
50
7
12%
12%
—*
—,
Jan
33%
•
*7
*
—
Air, Brake—
Jan
25
Spring
Apr
33%
1
page
Steel
Jun
{
26 % Mar
<TJn)
(F W)
28%
32%
Apr
B
^
Woolworth
140
29% Jan
23%
(Un)
Westinghouse Elec Corp
29%
Apr
220
Warner Bros Pictures Inc
(Un)
Western Air Lines Inc
Western Union Tel Co
28%
12 %
380
States Rubber Co (Un)
States Steel Corp new com
Kamp's
Feb
-10
Feb
33%
Universal Consolidated Oil Co
Van
34
9%
25%
Corporation
Aircraft
Feb
Jan
27% May
—
Westinghouse Electric Corp
25%
__
33%
Jan
150
Westinghouse
' 33%
Carbide & Carbon Corp
(Un)
Oil of California common
Pacific RR Co
(Un)
United
23%
30
Vanadium
29
_
Century-Fox Film
Jun
28%
Jan
Jun
Trancontinental & Western Air
Tri-Continental Corp
(Un)
Twentieth
15
Jan
*
•.
preferred _—^4
Apr
26%
Texas
Transamerica
15
10%
3%
Jan
521
(Un)
Co
24% May
2%
17V8
27%
27%
—25
Oil
39% Mar
Jun
8% May
Apr
23c
27%
(Un)
Tidewater Assoc
Jun
20%
50
Jun
24
Apr
28% Mar
♦
Company (Un)
Texas
Gulf Sulphur Co
Textron
Incorporated
31%
175
2%
Aloe
class
85
20%
400
Jun
300
common
Preferred
32%
20%
2%
Jun
615
(Un)
Studebaker Corporation
31%
;;2%
Jun
3,843
of Calif
Standard Oil Co (N J)
1
-10
——
common
14%
28%
(Un)
(Ind)
8%
Jan
5
Corp
18%
28%
Railway Company (Un)
Standard Oil Co
8%
8%
T
Apr
2% May
10
—*
Fireproofing
Pittsburgh Brewing
12c
31 Va
Southern Calif Gas 6% pfd class A—25
Scuthern Pacific Company
•
Co
1.8%
Jun
2%
727
28%
23
Oil
Feb
8%
317
2,030
28%
__
25
Standard
Jun
2
20
549
5,000
30%
preferred
Standard Brands Inc
9%
100
2%
20
...
preferred
12 %
Jan
216
10
2%
8%
10
14%
30 Va
4.32%
14% Mar
11
15%
Fuel Supply
15c
50
4.48%
Southern
12c
a9%
25
Jun
9%
2%
1
187/8
a9%
25c
85
2%
Brewing—^,
14%
197^
a9%
preferred
11%
11
Standard
Feb
Jun
__i
preferred
4.50%
9% May
26%
2%
Nat
$3.50
Jan
com—25
Calif Edison Co Ltd
Feb
Jan
31%
15
Co
Jun
6%
Pittsburgh Plate Glass
Pitts Screw & Bolt Corp
]
Apr
34
__
»
17%
6
'
Apr
549
28%
1
Corp
High
170
7%
•
■
Socony-Vacuum Oil Co Inc (Un)
Plot
Mountain
(■
351/3
„
*
41
.
Low
18%
7%
*
1;
A-5
—
Jan
a30% a31%
""
15
90
Range Since January 1
High
17%
—
*
Co
Joy Manufacturing Co.——
Lone Star Gas—
.
Oil
common—*
Duquesne Brewing
22% May
8% Mar
17
1
Low
•
Co
Gas
Continental Commercial Corp"—
383/4 May
63/4 Jan
22%
~
~~
5
1.75
Shares
-of Prices
Jan
Apr
72%cMar
'
Seaboard
Steel
Ludlum
Natural
Blaw-Knox
53/4
4%
_5
Co
3%
10
31%
__
'4%
for Week
Range
.
.
Par
Columbia Gas System
1
Safeway Stores Inc
St Regis Paper Co (Up)
Schenley Industries Inc (Un)—,
3,450
a4%
50c
55c
*
common
Ryan Aeronautical Company
5
a4%
„
1
——L
Allegheny
Arkansas
'
...
,
3% May
273/8 jan
414
2.50
Co
17%
_
Sales
Week's
s
'
1
_i
•
Last
Sale Price
13% May
14% Mar
21%
Jun
26 %
4%
Jun
7%
Jan
Sterling Aluminum common
—1
45% Mar
47Va
Jan
Wagner
-15
-
3%
4Va
310
3%
Jan
21%
22%
666
a4V«
a4%
95
a46 a46%
150
Sears
Roebuck
&
Electric
common
—
'"10%
10%
100
10
33 Va
34 %
311
33 Va
COMMERCIAL
THE
Number 4813
169
Volume
&
FINANCIAL
CHRONICLE
(2673)
41
-
OTHER STOCK EXCHANGES
FOR
RANGE
JUNE
WEEK ENDED
17
Friday
San Francisco Stock
Friday
Range
Air
Reduction
Alaska
Airlines
American
&
Amer
Radiator
(Un)
Inc
Pwr
Foreign
Armour
&
50
Feb
3
245
7
Jan
10
Mar
75
1%
Jan
2
Mar
10%
597
10 y4
Jun
10%
•
Bank
(Un)
Bendix
Blair
Oil
522
22%
Jun
37%
25 %
Jun
34%
29
567
28 y4
Jan
5
200
5
Jun
140
102
Jan
A
Jun
7%
9
Jun
11%
8
Jun
10
15
270
Jun
35
42
Mar
26 y4
Holdings Corp (Un)
(Un).
Jun
14 y4
3,211
12
40%
Feb
50 y2
131/4
190
13 %
Jun
22
175
21%
Jun
25%
<■
•"
Calamba Sugar
—
Y
Calaveras
Cement
California
Art
California
Cotton
California
Ink
California
Pac
41/2
51/4
•
Co
200
4V2 May
5%
8%
9
426
7%
Jun
18
18%
Jun
11%
260
7%
Jun
17%
Apr
745
11%
Feb
17%
Apr
1.75
830
22c
22c
6.500
22c
Jan
35c
Jan
16c
17c
2,800
16c
Jun
22c
Jan
48
Jun
<
Apr
8%
1
Jan
350
7%.
14
1.75
P10
16c
30
2.10
Jun
1.35
,»
33 % May
33% May
Jan
t
■
10
(Un)_.
Central
RR
Ry
Pacific
(Un)
1
6%
1st
5% %
5%
5% Mar
6%
Jan
350
10 % Mar
11%
Apr
12%
Jan
B„
10U
10
11%
310
37%
Jun
60
Jan
al2% al2%
100
15%
Feb
15%
Feb
9
May
900
23c
Feb
24%
9
28c
1.70
24%
142
10
9
28c
1.60
__
160
23%
Jan
2.65
Jun
!
Mar
41c
Jun
Jan
Jaii
33
Jun
13 %
Apr
Jun
6
Jan
21
Apr
33%
Feb
,
Jan
-
Jan
3%
70
18 %
31
4,823
30%
Jan
34
1,007
33
Apr
35%
30%
27%
829
30
'May
32%
Jan
28%
Jan
54
Jan
30%
30%
25
33%
30%
27 %
33%
30%
27%
25
1.60
14
427
—25
red preferred
500
Jan
600
10
preferred
11%
Jun
Mar
10%
3%
al8%
25
1st preferred
8%
210
3%
4
al8% al8%
10
5
v-
Jan
39
__
-*
common
Jun
10%
9
—
9%
164
9%
8%
28c
»
Electric
&
6
10%
100
10%
—
20
(Un)
Pacific: Coast Aggregates
Finance Corp (Un)_
Gas
Jan
19% Mar
9%
,_1
Corp—
class
Jan
11
Feb
38
1
United Filters
15%
Jun
17%
6
10%
__
100
Co .cap.
Co
Jun
9%
167
10
(Un)
Petroleum
Oil
275
1,000
„
100
Cons...
10%
11
9%
17%
1
(Un)
com—
Oil
Apr
8%
*
Invest
American
22%
9%
6
>
57% Mar
19% Mar
1,025
17%
„
17%
•
(Un)
20
10%
-1
Prod
20
20
5
(Un)
Corp
Fibres
264
a47% a49%
a48%
(Un)
Co
Pacific
Mar
•
1
Aviation
Apr
Jun
&
American
8% Mar
713
41/2.
5%
Jan
1.50
__
Un)
American
Jan
—
May
8%
19 %
18 %
—
1
Oliver
Jan
21%
13
12%
14
a31% a31%
__
;
8%
Company
Ohio Oil
Jan
13'/4
—
31% May
"
Pac
.*
1
Byron Jackson Co
30% Mar
.18
(Un)
Co
Auto
Oceanic
41% May
44 y8 May
Ward
Occidental
Jan
50
Cons
Oahu Sugar Co Ltd
Jan
2.60
21%
13%
2Va
2.15
M
&
Northern
Jan
Jun
7
M
North
Mar
33 7/8
160
,_1
North
Feb
1.95 Mar
1,440
7%
a42% a42 7/8
„
34%
Jun
23 y4
a40'/2 a403/4
—
5
(Un)
26 y4
726
2.00
2.10
15
(Un).
400
24%
7
2
1
*■
26%
23%
43%
a28% a28%
7%
7%
a28%
—1
Co
Distillers
N
Jan
355
18% May
Natomas
Jan
270
Jun
Jan
National Linen Service Corp
Apr
150
6%
14%
(Un)—
Co
North
30
8
270
5
•
Mfg
National
Jan
a8%
A—
1
—
Robbins Inc
National
Mar
5
903
145
220
—
.
1
Nash-Kelvinator
Mar
8
,
a4iy8
(Un)
Hill & Sullivan
6
32c
a40% a4iy8
W.MM.
(Un)
Bcig-Warner Corp
Jun
Jun
4y8
5,550
5%
Jan
23c
716
23c
5
1
CO——
Bcrden Co
4 V*
6%
16%
,
,
*
5
Monison-Knudsen
Jan
a8%
(Un).
Corp
Steel
Oil
Vb
6%
16'A
7
—.
Montgomery
20% Mar
20% Mar
19
23c
23c
7%
280
t
31l/a Mar
102
80
11%
9
H)
Navigation
M J &
Jan
5
High
32% Mar
28%
1
Mindanao Mother Lode Mines
Feb
380
Low
27% May
9% Mar
28
11%
common..",
&
Range Since January 1
High
28
Libby„
(Glenn)
McKesson
Jan
25 %
al97/8 al97/8
Low
11%
Calculating Machine,
liV May
61y8
May
a80% a82%
(Un)
N
51
28%
(Un)_
Co
Aviation
Buniter
130
—
RR
1A May
7,978
a22 % a25y4
a80%
Matson
&
(R
Co
Shares
1
Inc..—
(Un)
Co
Menasco
25%
vUn)—100
Martin
Jan
132
&
Marchant
Feb
iy8
a25y4
•
(Un)
Ohio
&
Bethlehem
Eishop
53%
149%
4
California
of
Apr
Jun
a5iy8 a51%
50
20
5
(Un)__
Locomotive
Barnsdall
45 y8
138%
1A
14
Mining Co.
Corp
Baltimore
55
1,441
Inc
Magnavox Co
Jan
138% 138%
(Un)
Mig
Baldwin
10%
14%
a39% a40%
——
Imperial Diesel Engine.
Avco
Macy
May
87/8
al%
(Un)
Santa Fe
Wedge
Corp
Atlas
(111)
Top
Big
Atlas
Co
&
2%
Apr
(R G)
McNeill
Loew's
23% May
3% Apr
Feb
a2y8
Copper Mining
Aichison
2%
83/4
(Un)
Anglo California National Bank
Anaconda
203/4
al3/4
(Un)
com
Co
Woolen
American
Atok
a2V8
!—1-
Rights
American Viscose Corp
25
202
3y8
Libby
High
1
Smelting & Refining.(Un)—•
Tel & Tel Co
(Un)
100
American
Low
for Week
10
Co
LeTourneau
(Un)_*
—
com
San
Stan
&
3
Leslie Salt
Range Since Jannary 1
High
a21% a21%
__
10
Co_
Min
(Un)
American
Shares
1
Gold
Alleghany Corp
American
•
(Un)
Co
Juneau
for Week
Low
Par
Range
Sale Price
Par
of Prices
Sale Price
Sales
Week's
of Prices
Last
STOCKS—
Sales
Week's
Last
STOCKS—
Exchange
.
10
26%
Apr
50
1,215
Jun
,
'
Title
A__—*
class
Mills
;U"
51/2
5%
61/2
100
41
413/4
35
10c
10c
205
Jun
6%
70
5V2■
61/2
_5
—
Jun
IV2
Jan
20c
Pacific
Jan
46%
*
.
—
41
;
Jun
-Feb
Lighting
$4.50
•
Co
Corp common
California
___•
^
Pacific
Caterpillar Tractor
Celanese
Central
Chesapeake & Ohio Ry
__
311/4
Feb
36%
a 521/2
2
52%
Feb
58
Apr
90
10%
Jan
10%
Jan
150
10%
Jun
14%
Jan
10%
10%
27'A
221
27 V4
Jun
24
Jun
30 y2
90c
Jun
1.80
Jan
25
a30%
a29% a30%
5
377
181/4
181/4
261
44%
46
634
a41V2 a42%
21
Jun
34%
8%
Airways
American
Pan
(Un)
(Un)
Jan
Pictures
*
Mil
Paul
RR
(Un)
—_—j—
St
Preferred
(Un)
com
Chrysler Coip
10
Broadcast
Columbia
Gas
System
&
27
50
27
*
*
97/b
9%
al4
31/2.
3'/2
'•Commonwealth Edison
26'A
25
Consolidated Edison Co of.N
a22
(Un)—•
Y
Pennsylvania
RR
Natural
Consolidated
Vultee
Co
Gas
(Un)_15
26i/4
_1
a38% a38%
a87/8
Apr
Puilman
2%
Jan
27% May
21% Mar
23% Mar
41%
Apr
43'/a
Aircraft
Jan
8
Jun
12%
Apr
5%
Jun
8%
Jan
25
5%
210
8%
10
9%
300
350
350
5
322
May
5
20
2,237
20
Jun
Apr
365
Jan
9%
100
Bank
First Natl
a8%
5%
—1
Creameries of Amer Inc——
Crocker
a8%
——1
Continental Motors-(Un)
May
Inc
Pure Oil Co
3% May
Jan
(Un)
144
135%
Jan
-3%
3%
260
3%
Jun
(Un)
Rayonier Incorp common
Preferred
510
8%
Feb
933
15%
Jun
220
19
Jun
88
15
Mar
17%
Jan
Jan
11%
Apr
8%
350
290
52%
100
Feb
49 y2
:
Feb
Feb
Mar
60
-
6% Mar
Jun
4
,
Jan
24%
Jun
'37
410
20
"
Jan
7
Jun
4
4
33
12%
800
11%
Jun
a31% a31%
11
32%
Jan
35
Apr
25%
25%
180
25%
Feb
32 Ye
Apr
10%
7%
45
10%
7%
47
500
10
Jun
21%
21%
—
7%
45
1
1
i.
10Ye Mar
8%
4
—
—
1
*
14%
Jan
Jun
9
Apr
57
Jan
Jan
118
21%
Jun
28 %
120
Feb
1,359
29% May
17»/4 Jun
34%
17% 17%
a35% a36/8
a26%
•
10
45
Jan
-vJun
7%
400
200
21%
a26% a26%
26%
Jan
35%
36 y»
Feb
Jan
21%
25
—...
:
^
Republic Steel Corp (Un)
■/ Reynolds Tobacco class B (Un)
Jan
11%
—
* •
i
Jun
4%
.
.
...♦
r
96% Mar
144
15%
ly
37
37
a53a54%
4
4
a53
—
(Ur.)i
of America
Corp
Feb
19%
,al4al4%
9%
9%
9
(Un)
26% May
Feb
89
8%
"
,'.
4
24%
15%
—
*
*
Radio Keith Orpheum' (Un)
1
Railway Equip & Realty pfd——100
..Radio
*
-
142%
50
al4%
9%
20
—
Puget Sound Pulp & Timber
vJan
17
25%
12
•
(Un)
25
—'*
7%
19 % May
74
—_
11%
Jun
May
Co Ltd
Apr
a—
-240
405
a21%a22y8
__
9%
Phelps Dodge Corp (Un)
Fhiliips Petroleum Co
Pig'n Whistle conv prior pfd.
Feb
323
—
50
33y3o
(Un)
Co
(Un)—'.
Cola Co
Pioneer Mill
29
Jan
—
15
Pepsi
48 y8 May
200
V
;
Consolidated
Jun
25%
60
(Un) —_*
Jun
a—
165
al4
(Un)
Southern
18%
44%
42% Mar
562
al7y8£l7V8
al7y8
B—2Va
cl
(Un)
System
Commercial Solvents
Commonwealth
—
3Vh
Clorox Chemical Co
Columbia
181/4
100
—25
—
Cities Service Co (Un)
5
::
1
*
Chic
15%
90
—
r*
Jan
58
25%
—
Jun
Jun
25%
__
'
>
101 %
Jun
46
90
_*
(Un)
100%
~
40
440
„
—.100
com
Motor Co
475
17 %
100
com
516
■
17
17
_*
Tel
&
Paramount
Jan
57 %
Tel
—
*
common
50% 50%
100% 101 %
'
-46 46%
;
10
Paraffine Companies common
t
Jan
32 Va
Service
(Un)
Preferred
Jan
Jun
30%
161
5
Cement
preferred
Packard
Jan
750
a25%
1st
Pacific
28% May
240
271/4
_•
1
(Un)
30
761
a25y8 a25%
10
common
new
.
Public
Jan
311/4
25
of America
Mining Co—:
Corp
Eureka
Mar
a!05/8 al0%
—
.1%
(Un)_—
Ry
10c
*
a521/2
•
50
;
(Un)
Dry Ginger Ale
Canadian
,
(Un)_*
com
Packing Corp common
Preferred
Canada
Corp
Portland
Pacific
Trad
•
?
preferred
Pacific
14%
31%
—.
85
Jan
'
Manufacturing Co
Rheem
Zellerbach
Crown
Corp common
Preferred
2IV2
21J/2
27%
Jan
.
_
96 Vt
.
53
94
90
97% May
Mar
45
96 y4
May
Riverside
.
2nd
—i
preferred
Co of
Crucible Steel
Curtiss-Wright
Di
(Un)
Corp
Class B common
Doernbecher
Co
Dominguez Oil Fields Co
Chemical Co
Dow
Co
Kodak
Eastman
(Un)
8%
8%
405
8%
Jun
12 %
Jan
8%
101
Jun
12 %
Jan
50
17
40
Feb
60
Jan
3
115
3
Jun
6
Jan
27
27
522
24%
Apr
a43
a44
54
43 %
Apr
48% Mar
40
.:■■■*
—
•
27
■
a43%
(Un)„10
common
Feb
3
-'
50
15
_
9%
'•
40
40
Jun
47% Mar
337
•*'
El
Dorado
Electric
Eureka
Co
(Un)
—
Klciser
&
'Foster
common..—
.
12%
90
%
22%
559
8%
93/2
5 y8
5j/8
330
a34%
28%
14%
Jun
Cement
class
Co
1,131
39
Jun
(Un)—•
A
San
-w
Jan
6 %
Jan
Jan
•
a34%
a35
579
34%
Jun
39%
(Un)
•
a41
a40% a41%
193
41 %
Jan
General
Oil-—
Oil
Southern
Motors
10
a53%
a51% a54 %
809
43% May
2% Mar
State
Golden
4%
Co
Ltd
preferred
10%
1J/8 May
(Un)
10%
16%
Jun
Conv
-
•
So
California
Bouthern
pfd
Co
A-—25
—25
—*
ser
(Un)>^
Pacific Co
Studebaker
12%
Jan
Jun
62%
Feb
Swift
a35%
Jun
44
Great
North
Ry
Greyhound
pfd
(Un)_*
798
10
300
-56
a34%
a36
283
1%
150
a35%
a35% a35%
129
34%
Jun
769
10%
Feb
11% Mar
265
12
Jun
13% May
3
Stores
10%
11%
*
Corp
Hale- Bros
non-cum
1
Feb
37%
12
12%
;
*
&
1 % May
2% Mar
39%
Apr
(Un)—
Co
Company
(Un)
Ass'd Oil common
Water
Tide
Corp
Transamerica
Transcontinental
;
—
Hawaiian
'.Holly
Pineapple Co Ltd—
(Un)
Honolulu
Oil
Corp
Honolulu
Plantation
Oil
Hudson
Hunt
Idaho
Idaho
,
Co
——
Co
Co
Power
Mines
Corp
I XL
Tel &
Mining
——
Kaiser-Frazer
Kennecott
Fern
(Un)
Corp
Land
1.65
100
42%
43%
2.55
2,255-
■<"
1.75
8%
—
Corp
s
101
—
(Un)
Jun
Jun
1.70
1.75
Feb
4,416
10
a32V4 a32 %
15
17
3,270
26
26
26%
265
8 v8
8 y8
150
32c
35c
1,300
33%
33%
160
4%'
•-
a43%
-
39%:
4%
4%
*
a41 a433/4 "
39
39j/2
Feb
Feb
16%
1
2.25
Jun
8%
33V3C
*
42%
10'/a
(Un)_*
5
Feb
85
*
Company
4
1,635
9%
P2
(Un)
Corp
Copper
County
Tel
Co
Jchns-Manville
(Un)__l
16%
800
4
a9% al0%
9%
20
—
Exploration
International Nickel Co Canada
International
1
6%
Maryland
Independent
42'%
12%
Inc
425
1.75
19% May
4% Jan
5
'
Feb
Carbide
Union
Union
United
'
2,620
190
1,455
1.70
32%
7%
26
8%
Jun
66%
2.75
13
Jan
Jan
U
S
&
of
Corp.new
—-rrr
com....——
Oil—10
Consolidated
Universal
2.20
Jan
Jan
32% May
17% May
Jun
31%
Jan
17%
Jan
Apr
31%
1,232
29%
Jun
11
Apr
Petroleum
Preferred
common
—
—
48.%
1®/J
}
Jun
45c
Jan
33%
Jun
39%
Jan
35%
Jun
34 y2
Jun
49% Jan
25%
Feb
27%
^7%
,10%
275
;
.
90c
•
Jun
67 %
655
61%
Jun
72%
Jan
335
16%
Feb
20%
Jan
59
10%
Jun
14
Jan
30
30
Mar
30
Mar
Jun
55 y4 May
2,257
19%
Jun
25%
7,166
10
Jan
12
10%
Jan
13 y4 Mar
375
33%
Jun
41%
i,47i;
25%
Jun
31% Mar
374
98c
—
Union
Telegraph
(UnU»—^12%
Westinghouse
55%
Jan
Willys-Overland Motors (Un)—
Jun
46%
Jan
Woolworth
(F
ElOc
Corp
Jan
Jun
39
W)
(Un)--
1
r—-1°
ft;,—
■;
—
2]^r-2^v?•
4%-
46%3 46V4?
>,
13%
10%
Jan
v
14% Mar
2%
Jan
?
11% Mar
20%
35
Feb
350
v7%
920
9%
-
,
-
60
12,500
270
85c
r
Apr
Jun
42 %
Jun
.
"
•
9%
Jvtt,
Jan
,
Apr
Jan
12% May
1.20 May
Feb
525
5%
Jun
7%
50
17%
Jun
22%
Jan
70
5%
Feb
7%
Apr
800
,.,10?,,
^
.
Jan
,281
310;,
H41(V
13%
21
4%
44%
Jan
Jan
16
13 y4 Mar
Ma^ ^.-16%
^
J»atf
126%
^
Ju§,j.
V 7% 4&h if*1
Jaq.M
r>
147% Jafl #£•
—.—,7
For footnotes see page 46.
Jan
3%
21%
Jun
380
1,080
^8'{4
.
Jan
HO
,
.8
50c
—
13 % 14 /4
(pn)_—i
fc
Jan
Mar
210
7" 50
11
al6/8ai6
48%
125
™
—
Jan
55 %
7%
275
Apr
Apr
9 Vb Mar
8% May
50
Jan
2,873
Dept Stores common
41%
*
S6c
1
(Un)
Air
Western
Lines
Inc
Western
Apr
41% 42%
42%
1
8
,
Jan
33%
all
,i,. —
Feb
29%
29% May
Mar
33%
.i?3/8 --4 /4
25%
26
al2%al2%
^
33 %
25%
-
90
H/®
all
28
May
22
20%
11%
150
26% Mar
230
48%
19%
32% May
Jan
24
Apr
1,606
34
20%
-}
Sugar
Western
22c
9
—
24
Jun
110
v.
61% 61%
17 /* 17-/4
IOV2 10%
a27% a27%
—
(Un)_—1
(Uh)
Indies
.
a23 /e a23
a6% a6 /2
-55%
57
'
—
18%
550
34/8
__
.
864
33 h.
33%
Equipment Co
Westates
West
Jun
28 y4
33%
33 V2
1—1
Warner Bros Pictures (Un)"——11
Wells Fargq Bank & U /T.;.100 ,,
275
Victor
Jan
28 y2
45
a28% a28%
1
Jan
;10% Mar
Feb,
4% Jun
1?.
Jan
38 y2
Jan
30%
Calif
Corp_of Del, (Un;
Steel
39 y8
Feb
20 %
Jun
25% 25 /2
28
28
common—25;
Sugar _1—. —12%
Air Lines Inc..
^—-r-lp
Oil .Co
United
—*
——
17%
1.65
2.55
__
1.75
17%
4
*
1
:—
Car
Motor
Foods
,
Co—a—-i.—_1
Development
Co
Holly
>
Feb
31
Jun
—
5
—
(Un)_,—-r-
Carbon
Union
Inc
34%
Feb
14%
Air
West
&
25
10
2
Mar
21
--
.-10
—25.
(Un)—r-
Co
11c
23% May
1,710
*—
25
i
Feb
1,265
33%
'
Jan
6c
20
14 /2
23
Jan
12
57
•
(Un)_
(Un)
Corp
McKee
——•
Calif
of
Co
Oil Co of N J
Jan
12
-
Oil
Standard
16%
38,800
Apr
28 ^
—.
1
-^2
1
Spiegel Inc common
12%
18%
14 U
22/2
—
■.
29
Jun
28
25%
25
—
Jun
10%
579
—
.
24%
2,140
—
(Un)__•
50
35%
a30% e.30%
14%
15
5
25
25
—
Gas
preferred
6%
,
Texas
Graham-Paige Motors (Un)
38% May
25 y8 Jan
35 %
—
•
»—u
—
Preferred 4.56%
Sunset
■
1%
-
100
Goodyear Tire & Rubber
460
11
57
*
common
—
Feb
965
10c
—
.*
Edison Co com
Calif
preferred
pfd 4.48%
4.32%
7c
9c
35%
(Un)
Corp
Socony-Vacuum Oil (Un)
Soundview Pulp Co—
Standard
•
19%
21%
582
...
21%
*
Speiry Corp
(Un)
*
Jun
Jan
200
11
21%
P10
Signal Oil & Gas Co class A
Jan
28%
Apr
Union
Sinclair
10%
—
5
15
Shell
,
Foods
General Paint Corp common
14%
25
565
1,100
,
23
24%
—.
10 -•
Stores Inc.—
Maurlco Mining—
Roebuck & Co__.
Jan
General Electric Co
Corp...
14%
32%
23
24%
23
_1
——
W Fine Foods Inc
Sears
Jan
7%
.
—
Saleway
Jan
General
Corp
14%
31%
Jan
18
]k Jun
5
S &
Jan
A
.% May
12% Jun
22% May,
Roos Bros
15% May
12 % Mar
422
22%
—
500
U
—10
—2'/a
1,607
A
12%
12%
1
Liquidating Corp
Food Machinery & Chemical
32%
iV
2—20
Co
Plantation
FAR
10
31
*
—1
.
548
9%
5
:
Corp Ltd
10%
al2% al2%
*
Share
&
Capwell Co
Emporium
Ewa
Works
Oil
Bond
Corp——
Apr
Jan
50
•
--
.*
2———
20%
7V4
8%
V
*
—...
Mfg
5
5
_
$j preferred
Jun
1,204
SO
al5y2 al5J/a
.
1
com
Mar
16%
8*/4
90
.
*
——:
Giorgio Fruit Corp class A
95
50
7%
*
—
(Un)_.
Amer
Oil
Richfield
'
:
1
III
"ft —
■
-i"
>'*
42
(2674)
THE
COMMERCIAL
CANADIAN
FINANCIAL
LISTED
FOR
RANGE
Montreal Stock
&
WEEK
CHRONICLE
Monday, June 20,
MARKETS
ENDED
JUNE
*
17
'
Friday
Exchange
STOCKS—
Range
Sale Price
Sales
National Breweries
for Week
of Prices
Shares
Range Since Jannary 1
Preferred
H
Par
High
Low
National
High
Range Since January 1
High
Low
35'A
36
563
;7>A
7%
455
10"/2
10%
17
•
Corp
Shares
——
■16%
17
5
it
Car
Steel
for Week
of Prices
6
25
I
High
34% Mar
Feb
38%
Feb
8
,!
Jan
1
10'A May
11%
Jan
16%
Jun
23%
Jan
;
20
1,210
Jun
23
Feb
!
59
Jan
:
23
Jan
i
Apr
j
"20
Mar
;
23
Jtm
j
.
Abitlbl
Power
Si
*
il%
10
il»/2
5,878
20
17
16
17%
3,155
Paper common
$1.50 preferred
'
$2.50
preferred
Algoma Steel
20
Aluminium Ltd
4 V2 %
37 ?A
3,025
35
Jun
38
36%
750
30
May
56
Jan
41%
41
43
2,275
41
Jun
61%
25 %
25 V2
1,040
25%
Jan
26 y4
6%
50
6%
Jun
9'A
Apr
43%
43%
35
43%
Jun
50
Power
43%
5%
53/4
100
&
Paper
__
_»
A
4,350
5% Mar
62
25
62
Jun
21
Jun
26'A
17%
40 %
40%
81
25
17%
81
508
41 %
17%
8.80
8.80
8.80
,100
•
18 ?A
17%
18 %
2,166
British American Bank Note Co
British American Oil common
•
13
13
13
100
May
23
Jan
41%
Development
River
9.40
Price
14'A
403A
:
■
1
18
Jan
Jan
20%
5
Apr
387
41'A
101
37
Jan
j
Jan
|
May
(|
102%
45
14
400
13%
Jun
19%
34%
35'A
915
34%
Jun
42%
Jan
\
—
__
.
<Janada
13%
34%
_
12%
13
478
12%
Jun
16:%
Apr
1
60
Jan
r]
_
C6
Ltd
Co
&
:
Apr
47;
common
"100
preferred,!
Provincial Transport
Apr
12
Bros
i%
Feb
20 »/s
125
1,745
Jan
j
P
ft
Jan
Mar
8
19
24%
173%
''
Jan
17% May
Jan
24
--
.
Feb
172
-
24%-
•
Powell
Power Corp of
20
25
al01% alOl'A
Placer
Jan
1,175
•19
•
preferred,
Page-Hersey Tubes
May
21
-——
& Power com
'
49
172
,«
:■
•'
25
1,440 '
20
■
.-
5%
Mar
87
Jun
38%
,2,790
—*
—
Jun
*'"
£(eat
Light,
20
50%
~
Jan
76
405
Light & Power
Trac
6%
21 Vz
81
17%
25
Bralorne Mines Ltd
5%
21
21
•
class
"lOO
20
172
21
common
—
Ontario Steel Products
Jan
47
62
•
Teleg spfd
&
*
Flour #Mills
Ottawa
•
49%
50
mm
Mines * Ltd
preferred1
7%
Jan
6%
Ogilvte
*
Reaving
Wire
Jan
25%
-
Tel
Niagara
Noranda
Feb
35
*
Telephone
Brazilian
Jan
Jan
36
__
*
Corp
Bathurst
17%
20 %
Jun
*
preferred
Associated
9% May
16
25
Argus Corp Ltd common
Asbestos
37.30
*
;
Aluminum Co Of Can 4% pfd
Amalgamated Electric Corp
Anglo Can Tel 4%% pfd—
Bell
Low
35 Vz
5
-
Range
'
Low
_*
common
National Drug & Chemical com...
Sales
J
Sale Price
Par
Week's
Last
Week's
Last
STOCKS—
Canadian Fonda
Friday
1949
1,890
5
45%
—
k
i.__,
-i
_£
Quebec Power
47%
a95 % a95'/2
•
i__
11
•
* '
.
16%
-
■'*
11
16%
;]J6?%
--
45%
75
Jun
98
10% Mar
531
-
'
Jun
95
16
94
:
Jan
}
Apr
11%
Feb
17%
Jan
94
Jan
'
Jan
t
J
"
•
British
;
Columbia
4%%
Elec
4%
pfd
Bruck
22
,310
24
87
87
27
a98a98%
2?/2
2'/2
1,050
__
Corp
a98'A
*
cl
__
A—*
25'A
_♦
Mills
Ltd
Gold
Burrard
1,325
24%
_100
Power
class
A
Dredging
Dry Dock Co Ltd
class
A
6%
Corp
Power
pfd
25'A
150
24%
Feb
26 »A
a2
25
2'%
Jun
3?A
Jan
,$1.75
17
27
May
33
Jan
al4%
al5
300
15%
7%
7%
328
6%
Jun
22
22%
457
21 y2
Jun
26'A
170
27
Jun
30
Feb
14
2
25
Canadian
common
33
30
#98
Jan
98
Class
12'A
505
.12
Jun
14'A
5.90
Feb
-15
100 %
Jan
'800
4
May
10
-190
17
May
22 y8
Jun
14 ?A
■
18
10 ?A
350
143'A 143%
40
-72
—-1
of
Can
72
9%
38
537
22%
23%
140
240
37
2,614
38
-
23% '
com
-50
Common
v
45%
140
17%
16%
16%
94 %
94 y«
140
—
1
tiC-
46
•140
i-17
pfd. .100
7%
Breweries common
16%
4%J&) preferred—_•
33
33
96
33
Jun
37%
class
A
pfd
Feb
'
7.10 May
103 %
Apr
Jan
1
Apr
Jan
Feb
71
145
Mar
Jan
Jun
36
•36%
Jun
42%
Jan
22 y2
Jun
25
Apr
45%
.100
iCo
-
237
-
25
Jun
4814
Jan
139
725
'
-
Jun
145
-16
260
:
Feb
-
Apr
13% May
-15y2 Mar
18
M&y
94'A- Jun
97 ?/2
120
17
Feb
20
100
17
Jun
18% Mar
36
18%
»
Apr
Jan
•
3,444
18%
Jun
21
.1,945
9?A
Jun
14%
Jan
Jun
17
Jan
13
__
19 y4
13
19
19%
1,540
19
Jun
55
35
Jun
39
21
25
20
8
95
8
Jun
13
46
Mar
48
75
Dominion
24%
25
225
24%
8%
8%
445
8'A
8%
8%
55
Co
4%%
Steel
Howard
Oil
MacKinnon
20
Feb
30
Jan
875
14%
Jun
18%
31%
Jan
37%
17%
130
16
Jun
21
7
100
7
Jun
22%
23
170
22%
Jun
27
37%
175
35%
Feb
39 y2
200 •'
31
Feb
34%
Jun
17%
21%
•
nyB
11
11 %
1,600
10%
Feb
al67
al67
5
165
Jan
90
May
1,561
-
a88
12yj
20
13%
a88
50
12%
13 %
280
12 y2
95
'
310
13 y2
Jun
17
IIII*
50
11%
Feb
14%
13%
13%
425
25%
19 y4
25%
:
■
80
13 y2
24
Jun
15%
Jan
27
ig%
19
20 %
2,105
19
Jun
28 y4
a97
90
II
•
a97
10
97
Apr
98%
90
90
10
85
Jan
92
16%
Jan
«14
May
16%
'.28%
24% -25%
820
24
Jun
315
21
Apr
22%
18 '18
31
30%
Jan
Jan
25
Apr
50
31 y2
97-?A
*
18
19
Jan
1,575
97»/2
27
Feb
37
Apr
97%
Jun
100
Feb
*
Feb
43
Jan
24%
Jun
25%
Jan
Jan
50
-
41
'
41
24%
—25
-
25 ?/2
150
......
175
:•
--39
Mar
20
20
20
230
19% Mar
20%
.10
23%
23'A
23?/2
570
22 ?A
24% May
25%
Feb
26
755
25
Jun
26 ?/2
Jan
Scotia ___I.
:io
34%
34%
757
34
Mar
36 y4
Apr
1.
.10
24%
25 ?A
Jun
26 y2
Apr
.10
25%
Canadian
;
Acme
1,023
24%
Funds
16 y2
May
100'A
Jun
106
108%
Jun
110
100
*
14%
14%
100
14%
10
345
16
171
Jun
15%
Jun
102%
I*
28%
BVb
300
8
Jun
28
29
395
27
17
Mar
Power
,&
class
Light
& Millen Ltd
class
B
Ltd
Jun
15
May
16
Jun
18
Jan
Jun
12%
Jan
50
4% Mar
5%
Feb
3
14
3
Jun
6?A
Jan
45c
100
45c
Jun
.1.15
Jan
50
320
a4
3
"45c
—
*
High
?oy2
25
16
10%
3
__*
Low
88'
a4
Range Since January 1
High
16
__
*
class A—
Shares
10%
__
B—*
.
8
'
10
50
10
Jun
14
Jan
13
13
50
13
Jun
15
Jan
77
7.7
25
77
Jun
106
Feb
2
2'A
5,750
2
May
4
Jan
71
72
534
71
Jun
103
Jan
.10
10
25
10
Jun
19%
595
18%
Jun
12
Jun
12
42%
Feb
50
Jan
10
*
u
Brewers & Distillers of Vancouver
Columbia
Brown
Pulp & Paper
13
5
1
2%.
•
Preferred
71
.100
—
Co
—1
Ltd—.
"*
Canada
&
Canada
Flooring
Dominion
1
.'L
*
Sugar
class
18%
III
B_
Canada Malting Co Ltd
10% May
*
com.*
Company common-
Butterfly Hosiery
Jan
31
Products
Brandram-Henderson
Jan
14 y4 May
Fabrics
British
Apr
99 y2
8
8
;«*—
*
Brand
Jan
13
*
5
Bathurst
Jan
13%
Ltd
Ltd:
for Week
of Prices
Low
Sceels
Sales
_
Range
Par
•«.
Works
Auto
Feb
108% 108%
Glove
Anglo-Nfld Development Co. Ltd—
Jan
75
Week's
Last
Atlas
Jan
785
17%
'
Sale Price
May
17
13
*
£
?,
12
44
.
50
44
12
*
125
12 % Mar
-
23
Jan
•
Jun
)
Apr
»
Canadian Fairbanks-Morse Co Ltd—
31
25
30
Mar
33
Apr
5
5
225
5
Jun
9
Feb
15%
J/2
17%
Jan
20%
151
170
170
12
3%
31
'
'
•
40
i63/4
38%
16%
40
730
17%
4,347
Canadian
38 V2
Jun
56%
16%
Feb
19%
Jan
13%
855
13% Mar
14%
Jan
25%
350
24%
Jan
7%
7%
150
6?A
Jan
22
21%
22%
1,145
19%
Feb
common__II_*
_•
29%
'29
29%
2,373
29
46
44
46
2,193
44
_15
36
Jun
58
928
7
Jun
12%
50
46
May
59%
14%
675
13 %
May
15%
Jan
13
jg
13
200
11% Mar
3
19
100
19
Jun
23
22%
Apr
29
_3
5
18 %
555
13'A
11%
•
92
157/
Feb
25
13 %
19%
11% May
12
>
12
50
a7%
20
92
92
25
1,729
7%
Jun
Chatco
-
Jan
15
8
-
Feb
May
92
Apr
95
Jun
22%
f
Jan
16%
11
11%
1,352
10'A May
15
Jan
_•
18
17%
18
80
17
20
Mar
37
May
_4q
100
35%
.
r1
f''*
*
28
35%
90
33
19
19%
1,415
a50% a50%
27
51
50
28
Feb
19
28
Steel
•
A
Lumber
Products
Ltd
.
•
II2
Co
;
__
•
common
:
300
3
Jan
a28
1
30
Feb
154
1.25
22
178%
143
.
1.15
Jun
4
Jan
Feb
May
33%
.1.25 Mar
•
Jan
,2.00
-
Jan
2.00
Jan
50
.20
r May
24
Feb
156
20
62
Jun
84
Mar
3% May
4
Apr
52;
Mar
Jan
15
Jan
May
11
Jan
60c
Jan
"62
-2,605
48%
1,270
47
al5
al5
10
15
9
9
50
9
20c
—
3%
48%
*
65
3%
Il5
pfd—
I
:Jun
al.15
20
20
62-
3'A
*
Ltd
28
,
Feb
,Jun
-
Jan
Jan
.
25c
20c
Jun
54
Jan
100
Jan
Jun
6
Jan
Jun
30
.
,
*
Alcohol
Ltd
[
52'A
Apr
!
Jan
1,705
60
60
162
2%
2'A
1,125
26
26
60
Consolidated
Lithograph Mfg Co
Consolidated Paper Corp Ltd
Engineering Works
Dominion Square Corp
40
20c
common- —•
14%
•
13%
43
Ltd
Dominion Oilcloth & Linoleum
,
•
100
Commercial
Dominion
Jan
23%
corn-
Preferred
t
Jan
15?A
15'A
19
class
common
15% Mar
19 % Mar
170
1.25
,j
Ltd corn-
Claude Neon General Adv Ltd
15% Mar
11 %
—_
Ltd
55
"
al.15
3%
1
—:
Silk. Products
15 %
a28
3%
100
Inv
*■
20
—
»
com
Canadian Westinghouse Co
Catelli Food Products 5%
Jan
IIII*
•
Trust
20?%'
■
.
May
!
16%
13 %
a7%
*
Faper
Canadian Western
Jan
a23
18
&
Canadian Vickers
Jan
1
Power
Canadian
Apr
19
a23
i8
100
Can
Jan
13%
0
100
—
Inv
-
£
common
Canadian Marconi Co
Jan
48
*
^Invest Ltd
Inter
"..
corn-
Canadian Lt &'Pr Co
Jan
7'A
Ltd
preferred'
Canadian
Jan
7
«
common
Jun
48
•
Ltd
Jun
7
«
_
7%
23% May
40
*
common
7%
Gen
Products
Canadian Industries
Apr
14 y4
;___•
IIIII5
common
25%
Food
Canadian
Jan
13%
,
490
—
22%
,
STOCKS—
Jan
25 %
page 46.
101
Montreal Curb Market
Jan
iooy4 iooy2
*
see
Jan
25%
100
;
—
Royal
Jan
13%
—
101.
22%
___i*
common—.
Montreal
Jan
12
25%
Montreal Tramways
Jan
May
.10
Nova
Jan
25
Mitchell
Jan
7%
27
1.
Mar
25 y4
Jun
common_5
Corp 5% pfd
Massey-Harris
McColl-Frontenac Oil
7
-■"
Jun
Jan
•
Apr
14
•
Mailman
Feb
-
5%
i*.
preferred1——
Jan
12
167%
12
•
___•
For footnotes
Worts—
Jan
13%
£i
Montreal Telegraph
14%.
14%
Friday
•
(Robt)
Molson Breweries Ltd
Montreal Locomotive
^14
6
24
'
26 >A Mar
___—,
Steel
10
*
24% May
Apr
—100
Struct
101
-
Jan
Jan
100
Woods
Feb
170
Jun
Jan
13%
pfd——100
Service
101
5
..
...
158 >
4
Jan
common^
Apr
85%
vJun
Apr
19%
Ltd
85 V4
80
Feb
36%
21% Mar
;
78% Mar
Commerce
8 'A Mar
21%
Alnbastine
Jan
Canadienne
Feb
7
5%
Apr
17%
7
100
(Johni
3
cpmmon
Banks—
Jan
899
25
Lang & Sons Ltd (John A)
Bros
50
230
Power
Laura 8ccord
22%
210
International Utilities Corp J,
the
Jan
21
common
714
Jan
122%
24
International Paper common
International Petroleum Co Ltd
of
14%
Jun
24 %
Ltd
Public
Jan
May
24 %.
International Nickel of Canada
Ltd
17'A
11
81
26%
preferred
Jamaica
Jun
570
6,077
23%
Imperial Tobacco of Canada
International
11%
11%
88%
15%
100
Indust Acceptance Corp
510
27
I
&
■
Jun
'
Jan
34 Va
100
Paper
preferred
36 y2
20%
Bay Mining & Smelting
Imperial
Jun
23 %
Brldg?
Smith
Hudson
24
14%
*
Wares
a5
5%
27
;_i*
Zellers .Ltd
2,021
a5
-5'A
'
••
•-
Winnipeg Electric
5% preferred1
33%
IIlOO
5%
preferred
Gypsum Lime &
Hamilton
Jan
common—*
common
5
'
1
-.
27
100
Wilsils Ltd
Jan
34
preferred
5%% preferred
General
Jan
158
-158
5%
common..
11%
1
Power
(George)
11%
14%
5%
100
*
■;
28'A
34
preferred
Gatlneau
330
Cotton
Jun
13%
preferred
Co
80
605
-
l*
_'___
Jun
13%
common
'240
____
Lu
Corp
May
34
25
Canada
80
-80
100
common
8
81
20
Famous Players Canada
Corp__
5'8
!
preferred
Walker. Gooderham
Weston
*
Corp
of
;
Feb
■*
Eddy Paper Co class A preferred
ft
-
'
m
Wabasso
27%
15 t/a
♦
Co
25 »A
11%" 12%
22%
*
Dryden Paper
Fraser
81%
_•
7% preferred
Donnacona Paper 4%%
Foundation
12'A
5
25
common
•
5%
•
.25
-
preferred
Jan
23%
Textile
Electrolux
26%
*
preferred
W
79 'A
__1
Steel
4
_•
Chemical
-L*
common
Canada common.,
Biscuit
5%
May
27
8%
___•
Dominion Stores Ltd
&
of
City
United
Viau
Feb
700
11%
preferred
Dominion Steel & Coal class B
17%
; '
■
preferred?
Twin
'
22 >A May
May
46%
27
_
'7%
Co
Tuckett Tobacco 7%
Jan
46
24
Dominion Foundries & Steel
Dominion Glass common
•«
'■:()
.
8ya
_
,.4
Standard Chemical
Steel
7%
'
22 % Mar
35%
8
•
Distillers Seagrams
Tar
13
21
__
•
Dominion Bridge
Dominion Coal 6% preferred
Dominion Dairies common
Dominion
135
35
„
25
Glass
i7'/2
Power
¥
#46
Consolidated Mining Si Smelting__
;
Apr
10
^
_
Canada
"
1
19 »/8
25
—
Consumers
>
9%
20
Foreign Investment
B
Southern
.
18%
common i_-
Canadian Pacific Railway
Qockshutt Plow
"
v
•1,100
-
17
,
—99
4%4preferred
A
Southam Press
Jan
Canadian Locomotive
Lewis
4%
•
1
.100
pfd—
preferred—
Pater 1st
Williams
Simpsons
Jan
12
10
.•
Canadian Ind' Alcohol class A
Lake
Sicks
Jan
19
25
Converters
Canadian
Labatt
-
a97
'
6%
9%
7%
Mills
preferred*
2nd
Sherwin
Jun
18
Apr
•
25
preferred
4%
Jun
8%
a96%
__
20
_
Canadian Cottons
Galr
14
■*
Series
Jan
8
Flour
102
5-
,
19%
—1
Shawlnigan Water & Power
Jan
27%
8%
17
...
6.35
--
._49
--
*
16'A May
Apr
Lawrence
St Lawrence
Jan
*
series
series
a96%
•
—
Canadian Celanese
-
St
-
Jun
14
:
Corp common
preferred ^
preferred
2nd
Jan
8%
"100
_
102
.4%
__
'£•
14
14
50
Ciass A—„
Red
Jan
25
__
100
Canadian Car & Foundry common
.
1st
Jan
3
St Lawrence
pfd
^.25
6.35
v
4?A%
Potver
a70
a70 ;
■
'
5% preferred
Canadian Breweries
6%
101 y2
27
•
Safeway 4 "A % pfd
Canada Steamship common
$1
Apr
2 y2 May
165
__
10
Canada
V
97%
'
14
20
Canada Northern
Jun
28
__
>
$1.50 preferred
Canada Iron Foundries
87
14
„
*
•Canada Cement common
Jun
—
•
Ltd
Oil
Saguenay
preferred.-.—^ ..100
k%
Paper
Royalite
Jan
87
Rolland
Jan
25%
27%
__
5
24%
Apr
a2
28
*
55
Feb
i,
%
25
„
*
Building Products
Bulolo
23%
24%
Forest Products
Columbia
Class B
„
23
24%
100
preferred
British Columbia
British
23'A
25
Preferred
Jan
43
8,356
43
30
26
13%
Jun
13%
42
Feb
48
37
614
36 %
Jun
40
Mar
55
194
53
Jun
70
May
11%
50
11%
Jun
13%
13%
—
14
1,425
13 %
Jun
20 Va
Jan
—6
6
5% -Jun
7%
Jan
'
Paper
Eastern Steel
Co Ltd
Products Ltd
Jan
53
37
»
fa I
Donnacona
Feb
Apr
11%
37
♦
*
Dominion Woollens & Worsteds
14%
2%
,-i*
*
...
...
..
125
Jan
n.
'
|
1»
j
Number 4813
169
Volume
THE
COMMERCIAL
&
CANADIAN
.Friday
(2675)
JUNE
ENDED
17
Range
Shares
Toronto Stock
for Week
of Prices
Range Since January 1
Exchange
■
-
•
•
-
«
East
Kootenay Power T!o
Federal Grain
"Fleet
pfd
Co 6%%' red
Manuiacturing Ltd
Power
red
Freiman
Great
Low
34
34
2
28
May
34
100
__
Canadian Fonda
High
**
105
35
100
Jun
105
Jun
STOCKS—
A
Halifax
Corp
Ltd
(A
4%'/
1.60
7,200
1.25
Jun
21%
385
20 %
Jun
26
Jan
.10
11%
Jan
10
20c
Jun
25c
Apr
$1.50
preferred
17
16
17%
16
Jun
20%
Jan
a4
a4
13
5,600
3,625
17
a20c
•
2o
11
a20c
Apr
6
Apr
$2.50
preferred
2o
25
25
37.10
675
25
Jun
38 %
Feb
a86
a86
10
21%
21%
90
21 Vb
Jun
25
Jan
5c
Jun
8c
Feb
8
Jun
9%
Jan
com——*
9%
9%
36
36
Teleg
8%
8%
50
a50 %' a50%
10
„—-10
& Tel
pfd_50
conv
Par
pfd
Ltd
Melehers
Canada
&
4 "/<
Ltd
6%
a
pfd
National, Grocers Co
Newfoundland Lt &
Akaitcho
Jan
•Alberta
Jan
Jun;
16%
;Acme
Gas
Jan
18%
Jan
6%
25
6
Jan
a92
25
.96
-Feb
100
11
May
900
50c
Feb
12%
Jun
11
11
65c
65c
65c
12%
12%
.
15
2,800
*
65
65
150
27%
27%
35
15%
15%
100
*
Orange Crush Ltd
10
10 %
65
§',o
•
a4
Corp of Canada C%
Jun
15% May
9%
partic. 2nd
a4
8
Feb
5
108% 108%
1st pfd-100
31
104
pfd—„_50
non-cum
Quebec Pulp & Paper 7%
Russell
51 %
Industries
Southern
Ltd
Canada ,Pr
■Southmont
1—-40
51%
•
25
a45
-'10
23
8
May
pfd
—100
Ltd
l
5c
5c
5%c
15
8%
8%
10
-1
55c
—*
Corporations
United
Distillers
class
of
B
Canada
£
v
Co of
/Aluminum
Canada
12%
Jan
American
1.10
Jan
Anacon
22%
Jan
Anglo
73%
Jan
Jan
Anglo
Westeel Products Ltd
Windsor Hotel Ltd
-
Apr
51% May
111
Mar
54
,
Mining
a__
—
i
Gold
Arno Mines Ltd __!
Bate Metals
Argus
Corp
Preferred
Bob's Lake Gold Mines Ltd
cBouzan Gold Mines Ltd
jCheskirk
Mines
Ltd
Ltd
46c
30c
Jun
110
19%
Jun
21
Feb
Aubelle
2%c
Conso]
Willians
250
21
Apr
25
May
Ault
Wiborg
May
Central
Cortez
Cadillac
Explorations
18c
20c
-
7,600
Jun
65c
2%c Mar
3c
Bank
Jan
1,000
3c
18c
Feb
20 %c
22c
10,000
Jun
65c
5c
5%c
5,000
5c
Feb
9%c May
•7c
7c
1,000
5C
Mar
.
6%c
20%c
East
Sullivan
2.35
•5,000
5c
&
500
"El
Sol
Gold
6c
Feb
25c
4%c 'Jun
13c
Mines
Gold
Ltd
10c
Ltd—
5%c
Jun
6c
7,700
16,500
10c
:
10c
50
.'
17%
1.96
1.99
1,700
1.69
1.65
1.75
42c
48c
Goldbeam Mines Ltd
•
1 5
!' I
18c
May
Jun
,8c
5,500
8c
Jan
'
Mines Ltd-:
.Hudson-Rand Gold Mines Ltd—
j
i
■
Mines
'.Kerr Addison
S
Lake
Rowan
Lake
t
Shore
Gold
Mines
Mines
Ltd——1
1
•
3%c
500
Ltd——
Mines
Ltd
1
—
Apr
3.45
Jan
Jun
Jun
5c
May
11 %c
?
tLeitch
Gold
Mines
-1
——
Louvicourt Goldfields
Ltd
4.35
Jan
500
5c
Macdonald Mines Ltd
Jun
175
2,167
10c
Barymin
Base
Scotia
11c
Bell
Mclntyre-Porcupine
r.McKenzie Red
Mines
Ltd—
,
Lake
Gold
Mines
rNew Alger Mines Ltd
New
Goldvue
5
1
14%
200
8c
12%
Jan
23c
Feb
14%
I,500
8%c
•
O'Brien'
Pitt
Mining
Corp
Feb
6%c
16 % May
Jan
13%
150
11%
10c
Jan
147/8
94c
May
500
-8c
May
45c
30c
7,200
May
70c
Gold .Mines
100
2.64
Apr
2.12
20
Gold
Mining
Co
Labrador
Crest
rSantiaso
Gold
Mines
Mines
Ltd
Ltd—
'
900
4c
4c
1,300
4c
Jun
17c
21c
10,700
17c
11%
11%
100
3%C
4c
7c
1
Stadacona
•
Mines
(1944)
Ltd—.
1.35
,-Sullivan
Gold
Cons
Mines Ltd—
Jun
14c
Mines
31c
1.72
Jun
3.70
Jan
1.45
Jun
1.95
9c
Jun
67c
.Feb
Jun
16%
Torbrit
Goldfields
1
Mines Ltd
-
800
J7c
Mar
———
5
Mines
Asbestos Corp
Ltd
—
'
"I'll
1
Vinray Malartic Mines Ltd
May
14c
1.25 May
Jun
2.57
Wright
;
-8c
3c
May
-
1.90
3.00
Hargreaves
2c
74c
Jun
27c
30c
14,550
25c
Junj
52c
111,100
2%c
5,000
7.40
4%c
2.12
2c
9,500
2.12
42c
400
4c
Mines
Oil
Co
Oil
Co
——
Ltd
Ltd
:*
2.12
600
4*
2.90
3.10
*
3.85
3.85
*
6c
6c
4
,,
33c
10c
—
6%c
,33c
—
Decaita Oils Ltd
Petroleums
Oil
Home
Co
Pacalta
—
class
Ltd
Okalta
.
Oils
Oils
1
6.90
3c
2.12
12c
1,700
2.90
100
11,600
Mayi
14c
,
May
Jun
73c
Ltd
*
Ltd
footnotes
40%
41%
3,672
38%
Feb
41%
Jan
6.50
6.50
300
7.50
19c
20c
19c
5c
5c
5%c
9%
1.28
,1
see
1
page
10c
46.
Apr
Feb
3%c May
25
1
16c
Jan
9%
12
Jun
'
45
-45
46
70
14c
12 %c
14c
10r800
—
14c
1
9c
•
2c
45
51%
Jun
Feb
Feb
25c
May
22c
10 %c Mar
11c
Apr
He¬
500
ll c
2,500
8c
May
18c
Feb
5,000
,2c
.Jun
5%c
Jan
2%c
May
9.50
Feb
Apr
•
Mines
Lake
Red
——
British
Columbia'Forest
8.25 Mar
23
23 %
590
22
Mar
24%
24%
500
24
Jun
25%
Jan
2%
2%
1,545
10
10
70
10
Apr
25%
25
25%
.401
25
Mar
26%
2
2%
200
2
Jun
3%
*
4
B
British
2%
3
Jan
13
Jan
Feb
21c
Jan
Jan
3.85
4,000
31c
Mar
376
13c
10,600
10c
Jun
24c
1.82
5,433
9c
200
1,400
10c
500
%c
2,000
Jan
Jun
14%
Jan
6%
Jun
8%
Jan
5%c
Jun
30
55
12%
7%
200
3,000
27
I]
fl
il
Callinan
Flon
Flin
Apr
30
25
Jun
30%
Apr
(
4.30
6,000
3.75
Jun
6.60
Jan
fl
4%c
Edmonton
-Calgary &
11c
30
3.75
4%c
1,500
4%c
Jun
8%c
Jan
54c
Jan
5%c
4.05
7c
-
30c
Jun
Calmont Oils
1
32c
30c
34c
Campbell Red Lake
•
1
2.96
2.80
3.00
15,700
6,900
2%
2%
325
84
84
15
84
Jun
87%
Apr
Feb
145
22
Jun
26%
Jan
4%%
Canada
Bread
common
preferred
*
_
I100
—_
84
22
22%
Cement common
•
22%
2.70
2%
3.75 Mar
Jan
3%
Jun
Canada
27
10
Foundry common
Machinery
Malting
16
27
-65
27
Jun
30
Feb
16
.20
Preferred
Canada Iron
19%
40
16
Jun
22
May
5%
5%
5%
100
44%
45
-155
8%
8%
100
29
29
65
29
15
105
15
5%
—
—
Northern
Canada
'.
Packers class A
Class
Power—
B
i*
*
-*
15
190
100
190
12
12%
50
33%
33%
33%
_10
23%
Canada SS Lines common—
Preferred
Canada Wire
&
50
Jan
Jun
10
Mar
Jun
33%
Jan
Mar
2.50
16 %
Apr
Canners
Jun
Jun
5.30
6.60
Jan
Jan
89 %c
76c
8.50
Feb
8c
1.20
10 %c
245
24%
Jan
1,355
22 %
Feb
2,915
19
Jun
29
May
24% May
21
Apr
14%
13%
14%
370
13%
Jun
18
Jan
25
Mar
23
23%
80
23
Apr
13%
50
13%
Jun
18
9%
550
9%
Jun
14%
Jan
13 %
Jun
17
Jan
13%
13%
150
Jan
19
19%
430
19
Jun
22% Jan
36%
36%
25
35
Jun
39
May
25
21
21
20
20% May
22
Mar
20
140
18%
28% Jan
4%
6
365
4%
Jun
8%
Jan
8%
10
566
8%
Jun
13%
Jan
8%
8%
21
Canadian Dredge
Jun
'
Products
4%
common-
8%
•
Jan
Apr
13%
19%
•
Canadian
22c
,,
27
19%
19%
preferred
Apr
Jun
H
25
Jan
2.60
37% Mar
13%
Celanese common
13%
14c
Jan
Canadian
Indus
Apr
Canadian
locomotive
Jan
Canadian Malartic
Alco
"A"
voting
1
•
_*
•
8%
1,665
26
146
57%C69»/2C
2,325
25
59 %C
8%
24
55c
.,
14%
Jun
23%
2.00 May
25c
192 % May
}
Jun
9%
Preferred
88c
Feb
,
•
20
Jun
Jun
12
33%
20
Class A
Jun
9%c May
187% Mar
19
Canadian Car common
Food
150
26
-*
common
1st preferred
Conv preferred
Canadian
"270
23
Apr
Jun
6
.
8%
ji
6% Mar
Jun
Mar
-43
19
Cable class B—
Breweries
Feb
1.28
Jan
33
12%
—
Canadian
Jun
10c
9%c
May
370
—_1
1st pfd
Canadian Bank of Commerce
32c
1.20
j.
Jan
Jun
May
6,500
7
Feb
33c
700
20c
Jan
Jan
5c
4,000
5%c
27%
—
3.05
Jun
8%c
9%c
5c
27
12%
Jan
Jun
5,299
1.60
27%
Products
15
Jun
9.25
Jan
35c
10c
34c
t
Feb
8%C
10c
10c
76c
37c
5%c
Calder Bousquet
4%c Jan
33c
5,000
May
1.60
Buffalo Canadian
.Buffalo Red Lake
Jun
500
.
18c
13c
34c
—
|
!
17,950
1.60
tBroulan Porcupine
.Buffadison Gold
20c
20O-
Oil
Dominion
.
jj
Jan
24
2%
♦
A
Power class A
"British Columbia
23 %
24%
*
Products
Packers class
Columbia
Class
;
•
common
Preferred
/British
531
25
Oil
American
British
Feb
2,500
1.12
10 %c 10
33c
Jan
7%c Mar
Jan
Jan
9c
9c
90c
Ltd
May
5.00
18c
6,200
11,500
20%
Jan
12c
8.50
9.10
South Brazeau Petroleums
For
14% May
Jun
Feb
May
76c
—
Co
Petroleums
Jun
1.34 May
6c
95c
95C
A——
.
Pacific
12 %
40%
Class A
New
180
Jun
New
; Gaspe Oil Ventures Ltd
/General
12%
3c
.
Dalhoutie
Jan
12%
.
17%
Oil Stocks—
Homestead
Jan
23
'
1
.Anglo-Canadian Oil Co Ltd—
Calgary & Edmonton Corp Ltd—
Consol
65c
Jun
3,192
CP
.
Jun
17%
2,000
Apr
Jun
3,700
2c
Jun
20c
100
Jan
2.90
,200
8,000
7.10
87c
13,000
4c
Jan
1.30 May
2,500
9c
;•
15,050
21c
17 %
—
Canadian
—,
1.00
17 %
8.85
..Jan
3,000
46c
1.06 May
87c
20 %C
18%
Jan
4c
■„
•
37% May
Jan
Jan
53c
80c
1
Waite Amulet Mines Ltd
Westville Mines Ltd
,
1
35 %
„1
——
———
Canada Permanent Mortgage
Trebor
United
,
325
3c
'
41c
4%c
105
36%
8.75
Feb
3c
80c
1
34%
Jan
21c
-1
Canada
Tiblemont
34%
Jan
4c
11%
12,400
2.90
Apr
Jan
17%
Jan
6,684
2.90 :
36%
34% Mar
Jan
1,000
"
•
1.40
.
Jan
27c
3c
Mar
43c
1
Ltd
Teck-Hughes Gold Mines Ltd —1
'
.26%
Jun
Feb
Jun
4c
1
Jan
Jun
15 %c
18%
Canada
-Standard
11c
25
2,500
87c
(Buffalo Ankerlte
18c
41c
41c
,
4%c Jun
210
3.65
_1
'.Brewis
*
Sherritt-Gordon Mines Ltd
500
26
1,200
Jun
"Brazilian Traction Light & Pwr com—'
Jan
8%c
H
,
Feb
4%c
1"
Burlington Steel —
Burrard class A
1.58
7c
Jun
38c
May
36
.25
■Boycon Pershing
Jun
1.56
7C
Jan
103%
10c.
3.00
150
36c
1
i—50c
1
11 %c
Feb
103%
16c
<>
A—
May
6c
550
3.20
34%
*
Gold
Kirkland
Jun
II,000
*
Jan
3.10
,_1
36c
1.84
—
Apr
5
4%c
—
jBonetal Gold
Canada
Red
ti
-
18c
94c
12% Jan
Feb
5,800
25 %
Gold
Building
1.72
20c
May
13c
25%
Telephone ———
Quebec
Apr
1,000
Development—.»—1
May
10%
12c
—
62 %
16,325
tQuemont Mining Corp Ltd———!*
9c
EOc
f
'
'•
iQucbec
3,760
15 %c
•
Jan
——1
Ltd—,
9%c Jan
103% 103%
„
—
51
500
36c
1.45 Mar
Jan
27c
Ltd———
13% Jan
Jun
—1
Jan
2.20
19c
8%c
1.80
•
14%c Jan
,
2,400
10c
'
Apr
600
18c
I4
^
3c
9%
Apr
9c
8%c
Ltd
Jan
Mar
30c ;May
10% Mar
6%c 16%c
/6%C
10
class
•Caldwell Linen
rNormetal
!
•
Bros
Bidgood
Apr
1.05
36c
-1
—
.
,
a57% a57%
—
36c
————1
Mines
,
,1,120
4%c
Mining—
Power
Bevcourt
May
2.20
ifMalartic Gold Fields Ltd—.-——.—1
10%
9c
.10
Ltd
Co
Metals
iBeatty
9%c Feb
8.75 May
9%c
Mar
25c
—
55c
10 %
10
Toronto
Jan
1.00
1
6,500
—1
Consolidated
Montreal
of
sBralorne
"Jun
■3c
78c
'.%■ 9c
1/
—;—
4c
1
Jan
Juri
3.20
25,500
•
15c
13
13V8
3%c
—
Apr
2.68
May
9.10
8c
1
40
4c
12 %C
Preferred
19%
-'5c
<•
5c
3c
14%
1
_
5c
14c
1
10c
11%
.100
—
Nova
i
1
i
5c
9.10
5,
,
*,
•
i
,
9c
11%
9%c
'
74
Jan
,Jan
1.65
500
5c
-1
Jan
6%
Jun
60
1
of
Jun
42c
300
1
——.1
.
6c
3.25
•
1
.—
.Goidora Mines Ltd
Hollinger Cons Gold
6c
3.20
—
5%
130
Apr
1.35 May.
-6,000
4.
745
68,000
1
of
;Jan
7%c
15% Jan
10,800
43c
2.35
16c
3%c Mar
9,000
17%
i—1
Falconbridge Nickel Mines Ltd—'—
rFormaque Gold Mines Ltd
—:
6
1
Bank
Jan
Jun
Jun
1
—
23c
5%
Jan
4%c
2.35
5%c
10c
Jan
39c
Apr
100
1
.
Mines
7%c Jan
May
.1
iBordulac
lEldona
May
10c
62
1
i.Belleterre
2.35
5c
17%
3c
2,000
—10
.
preferred
Bank
Jan
_,7'
5%c
—;—1
Ltd
5c
.
5c
•
Mines
13,000
5c
._1
Ltd-
6%c
47/aC
.
Ltd—1
Jun
-12,000
May
(Bankfield
3c
—-—1
—
Ltd
Dome Mines Ltd
cEast Malartic Mines
in
Mines
Ltd
Cournor Mining Co
2%c
4c
11c 12 %c
Jan
65c
^
-
8,500
37 %c Apr
4c
Jan
Feb
22c
Aumaque Gold
Aunor Gold
2,350
16
Mines—*—~1
Gold
2%c
3%c
10% Jan
8.65 Mar
60
Mines
23
4
Cochenour
22 %c
Oil
20
Feb
—
5,200
20c
Mines; (1937).
Atlantic
Mar
35c
12% May
1
125
35c
52c
iAthona
113
Jan
35%
1
.——
8.80
29c
10%
Apr
41c
137
•
'Jan
5.30. Jan
11c
1
109
13
61/20
Jan
68c
Jun
60
Ashley Gold & Oil
13
*
20c
Jun
21c
-—
Bathurst
•Candego Gold Mines—
Centremaque Gold Mines
Jun
2.85
.,100
—
Jan
13
i
10c
16c
10c
—1
——
18%
40
1
2.000
17,000
25,080
*
—
22
20 %c
Jan
8.80
common....—
Jun1
Jiin
250
*
18c
21c
32C
I—1
20
———.—0
Mining Corp Ltd—
May
5%
—:
Mines
30c
1
18c
26 % Jan
12c
3.10
1
15
39
.
Jan
25% May
16c
*
_
III 1
150
38%
*
61%
Jun
2.85
10c
Ashdown Hardware class A
"'44
-40%
3.00
Mines
'Armistice
a—
38 %
Stocks—
580
1,500
Jan
56
May
17c
Rouyn
Bagamac
Anacon Lead Mines
25%
Yellowknife
Lead
Apex Consol Resources.——
Feb
*
—
1,990
Jun
16c
35
85c
Apr
27%C:Jan
Jun
55c
Mar
4
—
42%
„1
Canadian Oil—
Ansley
15% May
107/e Feb
7
4,239
2|2
>
415
12c 12 %C
-25
•Anglo-Huronian
28
pfd_
Mines-
Larder
Amalgamated
Jun
110
—
*
2,000
40%
41%
23
42c
35c
*
Ltd
2,300
16c
36 %
25%
Ltd
Aluminium
'Atlas Steels
United
60c
■16c
35 %
Feb
42c
*
Trans-Television
High
9% May
8,200
8%
._1
Cons
12%
109%
„
*
,
Yellowlcnife
Pacific
Feb
Jan
3,217
15
23"
*
6%
Invest Co
a45
19%
a45
red pfd—100
—
Steel
Arjon Gold
Purity Flour Mills preferred-,
Low
*
97%
Mar
27%
325
*
...
Oil
&
•
Agnew-Surpass
'Area
Power
Paper common
High
Jan
17 y8
10
Enterprises Ltd
Jan
"51 %
13%
—*
pfd—
10%
51%
8% May
"
11
10
Co
Jan
6%
Co——_5
~
Ltd
Pr
Jan
a91;
——.10
Paper
16
40
225
100
Ltd
Ontario
Jun
Jun
9%
36
13%
4
pfd—
Moore Corporation Ltd
Nuclear
&
Low
—
17% al7%
13%
—10
—
Distilleries
of
a—
Power
Algoma
*
l"/c
McColl-Frontemac Oil
Minnesota
a—
50
Lowney Co Ltd (Walter M)
'Maxwell
5%
210
**
Insurance Co
Maritime
Range Since January
1.25
20'/a
com—"
:
-Investment Foundation 6%
Shares
1.60
pfd——100
Paper Co Ltd
for Week
20»a
-Acadia-Atlantic class A
preferred
Range
of Prices
*
,—100
Ji
Sales
Last
Sale Price
May
2% Jan
*
Ltd
r,v Class
Sec
Week's
Friday
•
'
preferred
Lakes
Mica
High,
Abltlbl
Foreign
6%
34
100
pfd-.,,—100
•Ford Motor Co of Canada class A
'
Low
par
M
Sales
Week's
Last
Sale Price
CHRONICLE
MARKETS
LISTED
FOB WEEK
RANGE
STOCKS—
FINANCIAL
Jun
Jun
"Jun
"*
11%,-Jan
36% Jan
79c
Jan
■
11
THE
(2676)
44
COMMERCIAL
&
CANADIAN
Friday
Last
STOCKS—
*
Canadian Oil Cos common
8%
preferred
preferred
5%
10®
-——100
—,
—
Corp
100
*
Wirebound class A—.
Canadian
Patricia
Central Porcupine
Research
1.14
1.45
61C
68c
*
—.—50c
—*
Chestervtlle Mines
.
4-%c
2.22
•
*
1
——-—1
—
Malartic
...»
Plow
—
Colomac Yellowknife
Commonwealth
Petroleum
Consolidated Astoria
Consolidated Beattie
Mines
8
22c
Jun
4c
Gulf Lead
—w
Jun
Jun
Gwlllim
Lime
Mines
10c
Jan
Hamilton Bridge
Hamilton Cotton
2.23
12c
1,200
1,000
10c
93c
.
600
200
500
6,500
5%c Jan
Jan
7c
Consolidated Mining As Smelting
81%
J 150 "
Consumers Gas
—
Exploration
Cosmos Imperial Mills
Con west
Cournor
Mining
Craig Bit
—.
-
:
Mines
Crestaurum
Croinor
1.60
1.10 Apr
9%c May
7%
38c
...
1
10%
64c
42c
Apr
May
65c
12c
Nest
Crow's
Crowshore
Coal,
D'Arngon Mines
Da vies
—
Petroleum
*
;
:
Ltd
Oils
'
—
7ViC
7%c
Aj
6c
6
120
,.
19c
8,000
12,500
21
21%
195
21
—•
12c
10c
1.35
1.30
——I
3%c
3%c
1.35
3%c
13,500
12c
1
——
60
17 Vic
—
*
—
-
81
123
Denison
.
Nickel
Mines..
76c
Hugh
Jan
Jun
14
Dexter
Bed
Dickenson
Lake———..
Bed
Lake—.
Jun
5%
6
Feb
40c
114
Discovery Yellowknife
Distillers Seagrams :
:
Dome
Ltd
Mines
....
—'-i
Malartic
&
3,400
*
Jun
Preferred
Feb
&
International
Foundry &
International
3c
May
'15c
Mar
Jan
20c
Jun.
975
14%
Jun
935
18
15%
,
Jan
*32c
18%
Dominion Magnesium
...
Jellicoe
-J-M
Steel
Coal
&
Dominion Stores
25%
25%
292
17%
17%
25
24%
Feb
17
Jun
25
2%
Apr
3%
22%
Jun
27%
8%
8
8%
750
8
Jun
14%
25
25
50
25
Jun
25
13%
14
705
13%
Jun
17%
24
24%
400
21%
Feb
11%.
410
10%
Jun
12
Dominion Woollens
*
12
12
75
13%
11% May
Crest
East
Leduc
37c
37c
39c
9,050
35c
May
65 %c
16c
17C
11,500
16c
May
25c
6c
5c
6%c
71,100
5c
Jun
17c
East Sullivan
8c
4,000
7c
Jun
12c
Eastern
Mines
Steel
6c
1.99 <
1
_1
—
1,70
Washing Machine
Eddy Paper class A
*
...
6c
Jun
10%c
Eldona
El
15,500
6c
Mar
7c
2,000
7C
Apr
13c
Jan
15%
Jun
19%
Jan
8.75
May
12%
Jan
14c
16c
29c
29c
15,700
1,000
40
1,935^
1
39%
—
1
..
100
.
38%
2%C
32c
Feb
Jun
38c
Apr
Jun
57
Jan
14c
Jun
27c
38%
2%C Jun
3c
2,000
9
9
25
9
iio
10
110
Jun
29
220
17%
12,423
;
110
19c
Jun
38c
1.90
2.02
1.79
8,950
33,200
1.83 May
1.62
2.70
27%
13%
13%
695
16% Feb
13% Mar
19% Jan
14% Jan
25%
25%
185
24%
Jan
25% Mar
Jun
31%
16%
16%
31%
30
4c
2,000
22
22
50
7%
7%
21%
'
21%
31%
3c
7%
99% Mar
101%
5,195
29
Jun
36
Jan
7
7%
7
Jun
13
Jan
24c
52c
Jan
3%cMay
25c
27c
3%c
3%c
4c
17,090
6c
-h
6%c
"1,383
1%C
2c
1
16 %C
17c
2,586
3,000
1
28c
29c
8,600
—i
4%c
4%c
1,000
10c
11c
4,600
29
29
85
14%
15
3,471
4c
...
—
6 %c
10c
'77.*
'
•
14%
3c
May
5%c Feb
6%c
3%c
Apr
25c
Apr
28C
Jun
54c
Jan
4%C
Jun
14c
Jan
IOC
23c
May
30
Jan
16%
Apr
56,500
3c
Jun
10c
Jan
41c
Jan
95c
Apr
60c
60c
1,900
1.25
6,400
1,000
19
...1
3.20
1
19
60
—
2.20
3.30
2,600
2%c
3c
5,000
1.19
Jun
3.45
Shore
Wasa
17c
19
May
23%
2.85 May
2%c Jun
6.50
Jan
5c
Apr
the
70c
13,700
65c
May
30c
31c
2,200
30c
Jun
64c
7c
8c
2,000
6c
Jan
12c
10%
Jan
34c
Jan
21%
Apr
12%
12%
13
1,105
35c
35c
36c
7,300
23
23
35
_*»
Mill
Woods
common.
2.00
2.10
500
6.15
100
Lamaque Gold
Lang & Sons
Lapa Cadillac
60
100
20
Jan
23
May
13%
115
13%
Jun
17
Jan
5% May
7%
__
48c
6.35
"U"
Larder
150
16% Mar
19
2,000
3%c Jun
5%c Jan
41c
Lawson &
Jan
Leduc-West Oil'
19%
19%
35
19%
Jun
20% Mar
25
10%
10%
46
10%
Jun
preferred—25
18 Vi
45
30c 33 Vic
4,800
6,000
5%cMar
12c
Jan
2 Vic
4,000
Jan
130
2V2C Apr
13
Jun
4ViC
13%
19%
18% May
19%
Jun
86c
Jan
15% Mar
11% Mar
18%
7%c
13
Jan
Jan
12c
>
'
—-
1
"
..
"
class
Jones
Gold
Leitch
19%
50
—,—-—"
53c
53c
55c
3,600
53c
Jun
1
1.05
1.05
1.08
1,300
95c
Mry
1.20
Jan
10c
Jan
*
A—.;
-
Ltd
Mines
18%
27c
19%
Feb
60c
Jun
May
Jan
Loblaw
3.25
3.10
3.25
3,445
3.10
Jun
13%
13%
13%
500
13%
Jun
16
..Jan
1
32
31%
32%
595
31%
Jun
37
Jan
4.50
1
Lac
—*
5%
5%
900
5
May
99 100%
100
95
94
Jun
4V4c
4Vac
4%c
12
12
1.6O
1.35
21
20%
50,
2,700
21%
1,391
7%'c"
—
__—
~~
—*
4c
1,000
1.60
•
A—
A——
4%c
2,000
4c
May
55c
61c
5,050
55c
May
27%
27%
27%
975
27
27%
28
300
27%
8%C
10c
8,000
8c
11c
13c
2,500
8c
10c
8,500
Jan
1.08
Jan
Jun
31%
Jan
Feb
29
Jan
Jun
45c
Jan
15c
Mar
'
Goldfields
Louvicourt
Lunward
i..
Gold
~1
13c
1
*
10 %c
Jan
'
Yellowknife
....—.•
—
9c
1
2.00
8c
16c
7%
116
7Vic
20 %
25
7c
May
1.35
Jun
£0%.
Jun
7c
20%
Jan
MScassa Mines
Jan
MacDonald
Mines
Lake^
',« 26
■
lie
Jun
.
1.90
2.G1
4,470
26%c
30c
12,400
5c
I
1.90
Jun
21c
l.BO
1.80
17
400
1.80
I7
17
:*■
100
•
100%.
35"
1.75
Jun,
Macho
Gold
5%c
4,000
1
17c
17c
18c
1,000
16c
Jun
1
80c
77c
86 c
6,400
77c
Jun
1,
—
River
MacLeod-Cockshutt
Mines..
34c
,
Feb
Jan
8%
class
Class B
8
8%
990
8
6
6%
1,275
6
'1-1.*.
7.7.
common'1,
111
101
30
100%
17% Feb
Jun,
108% 108%
15
108%
Jun'
i.55
131/2
1.55
1.55
500
13
240
13%
100 100%-
100u
100%'
...1 *
5.60
5.25
5.75
v
8%c
9c
1
———
Gold
——
.
'
.
1
2c
60
8,300:
2%c
Jun.
V..
,
%
May
4.75
Jan
99
5,755
8c
2c
1,500
1Q6% May
110% May
Jun
1.55
.13
Jan
Jun
2^25 .Apr
f,'15.% * Jan
,
——
.102;
x Apr
6.40 Apr
-
:
■^XlcrAgt
.
3%c Mar
.Malartic
Gold
Maple
;
Marciig Gold
:
Martin-McNeeiy I.
.
Preferred.
40c
May
*
~1
30c
33c
5,600
30c
Jun
56c
Jan
2,000
14c
Jun
19 %c
Feb
Mclntyre
9c
9c
"
9c
6c
6c
.74%c Jan
McCabe. Grain
2.40 Jan
2.32
13,600
2.02
4,000
2%c
Jun
96
10
8%
53
2,000
-
Jun
16c
Jan
McKenzie
5 Vic Mar
9c
Jan
McLollan
1
_
•
Red Lake..
:—
—3
...1
...1
8
Mar
9c
2,500
8c
'Jun'
3 Vic
1,000
3c
Jun
1,290
15%
Jun
24%
Jun
15%
16 %
24%
-
140
8
Feb
•
1
'hi
11V* Jan
15c*' Apr
[']" 6cr'F?b
•'
27%-Jdn
27%, Feb
»''
9-
iMar
9
*
common
1
3c
24%
20
Porcupine
Gold
.
Apr
4fl%cMqy
14' jiin
96
94 Vi Mar •
8c
9c
"16
A
2.69
Jan
2Vic
:"30C ' Jan
!
—1
class
Jun1"
96
:
8%
—
16c
245
100
—
McColl-Frontenac
1,000
.
*500
2%C
2.23
*
^Massey-Harris dohimbn
7,200
.,1
12,200
17c
Leaf Milling
45c
I
Arrow
2.56
17c
...1
Gold, Fields..
,Manitoba & Eastern
42c
I4c 15 %c
2.49
1
—.
-^anitbba Sugar .preferred
11
1
A^r
Jun
2.55
.1
'Magnet^Consolidated
1.
—
Goldale Mines
Goldcrest
*
'*■
—
^Preferred
108%
Jan
3.10
Jun
.6
,MacMillan Export
'1
Jsga
i:2(J; J^a
10
...'2.90.,Jan
t
16% Mar
'
100
r_.'.
ADr
74c' Jan
May
Jan
27?/4
May
-
-
Jan
12'
Jun
.2% Feb
,11% Mar
1,000
20V4
,
>Iadsen Red Lake. Gold Mines.'.
Exploration
—
Jan
2.58
Jun
'
•
...
class
Groceterias
4c
61c
•
—
4c
•
Gold
Little Long
*■
...
'Giant Yellowknife Gold Mines..
Golden
Golden
May
2 Vic
13
.—
77c
1
Gold
Apr
18
4Vic
7%c
..
Mines
Secord
Jun
•
Lake
Jan
4c
...
Lapaska Mines
Jun
General Steel Wares
God's
Jun
2.45
5.80 Mar
Jan
May
Gatinea'u Power common
5% preferred ..._c_—
Gil
Feb
23
.
-
Globe
Feb
Apr
18
5c
Fraser Cos new common
Gienora
Jan
15
2.00 Jun
6.15
Luz Mines
41c
Mfg
Gillies Lake
Jan
1.45 Jan
65c
30c
1
Mining
of
Macfie: Red
,
Jan
May
67 %c
—1
Mines
La
Feb
6
21
30c
u'..
■,
Fittings Ltd class A_—'
Bakeries
Jan
lie
1
1
30c
i Federal Kirkland
General
May
1.67
Jun
—1
*
—
Rowan
500
...
preferred
Jan
Feb
14 V4
1.22
.
1.23
•
Mines-
Ltngman
11,525
Preferred
5%%
Jun
4 % c Mar
■1%C Jun
15 %c Mar
26
12 %c 12 %c
.
—1
(John)
63,468
Federal Grain common
Froblsher
Feb
130
29%
25 %c
——
Dufatilt
Lynx
.
Jan
100
29
1
•
32c
....
Francoeur Gold
Feb
25.%
1,595
16,315
77.1
50c
...
class
9
Jun
21% Jun
7%
—
5%c
Falconbrtdge Nickel
Famous
Players
Fanny Farmer Candy Shops
Motor
May
205
28
Ford
23
100
100
29%
:
Lake
Lencourt
Fleet
Jun
7%c Jan
May
20% Mar
200
•
—
——
41c
»
Equitable Life Insurance
Coip
Apr
13%
•
—
—
5,%c
30c
n—.j.Aii.j.l
Empire Brass class A
Eureka
Jan
29%
Feb
25%
3%C
J
,
Lake
Apr
6
43c
1
—
(T H)
Jun
9-
117
Jan
13%
__1
—...
Gold
Sol Gold
Estabrooks
iJan
6c
Jun
110
29
23/4C
—i
Laura
Elder Mines
7%c
16 c
—1
Lake
Jan
3,500
1.62
__
■
20
—
11,500
21c
21
*■,
—
Easy
6c
19c
6c
__
...
10Vic May
7C
1,075
common..
Mines
Lake
Mar
>
—.
Jan
Jan
7c
1
East Malartic Mines
65c
...i
Lake
Feb
.1.
Oil—
Jun
9.50
•
Ltd
Labrador Mining 81 Exploration
Laguerre Gold
——:
Feb
16 %c
_1
Oil
55c
..J————....1
Lake
East
500
15%
;
Mines
Labatt
Jan
*
__
Jan
55c
Jun
May
.1
Duvay Gold Mines.—
East Amphi
Feb
13 %c
9.25
TOO
Co
Petroleum
Lake
Ltd.
59c
May
55c
'.7.6
Kirkland Townsite
24% May
lOT/a
Mines
Apr
6c
15%
Ktrkland-Hudson
Jan.
...
11%
Mines
21 c
5,000
Jun
24%
Dulama. Gold
6c
1,500
7c
9.25
Kirkland Golden Gate
Jan
*
—
Jan
1,000
24c
6c
—
Ktri-Addison
Jan
_*
Donalda
9c
6C
22c
.•
common
Nickel
Consolidated
Kelore
Apr
327
B——25
....
Jan
7%C
Kirkland
3
23
Dominion Textile common
...
Jan
2,033
Jan
20% Mar
3
;
__
class
10c
83c
12
*
Co.—
Kayrand Mining
Jan
26
22%
—
Dominion Malting common
Dominion
Jun
Jun
22
Joburke Gold—
....;
Joliet Quebec Mines——
Apr
•
-
5c
31%
Jacknife Gold
Jan
19%
'
—
*
-
"24 Vic Jan
Jun
Jan
1
—
Mar
9%
"
Jan
46c
65c
Jun
Steel
15c
35c
—-
—
Kelvlnator
Dominion
650
10% May
14 % Mar
Jun
5,000
...
Acceptance
Jan
1.65 May
10 %c Jan
May
—
14,208
10
*■
(John)
Feb
33c
1.20 Jan
May
17%
18c;13 %C
Jan
Feb
8-
13
5C
Varnish preferred
Industrial
43c
May
10c
10,000
29,900
-
Indian Lake —:
Mar
23
Jun
16c
21
5c
25
25
15%
International Metals class A_—
16c
10
150
Jan
4.50
35c
——————100
Jan
27c
Dominion Coal preferred
Dominion Electrohome
3%
13%
17
3.50 Mar
35c
—
Erie
15c
2,000
Dominion Bank
500
17% c Mar
Jun
35c
—
5%c Jun
6,500
17%
3.95
—1
—-
Inglls
14,700
—
3.70
—5
..._1
Feb
18c
15%
Jun
14
9%
....
——
Jan
33c
*
6c
2,275
12,000
7c
14c
5Vic
...
Jan
14%
—
*
52
5c
20c22%c
14% 15%
25c
7%C
1
....
May
7c
33c
22c
Jun
6c
Consol
Imperial
Apr
115
45 % Mar
16 Vic
I
—2
1
—
Jan
61c
Jun
—
.
16c
8
..10
Imperial Bank
_*
Imperial Oil
Imperial Tobacco of Canada ordinary_5
-25
4% preferred—
Feb
30c
16 Vic May
—
—
6,000
6c
•—•
Hunts class B
15% May
18%c Jan
Jan
1
-I
Jan
16c
1.45 Jan
Jun
10c
—1
DettaRedLake————.....1
65c
13%
3.75
1
International Uranium
Delnlte Mines
Jun
14%
—
Howey Gold
Hudson Bay Mining & Smelting—
Jan
152%
Jun "
148% Mar
2,000
—I
——
Davis Leather class
Decalta
54c
114
48%
4,900
48%
—,
1
-
—
6,900
4,000
50c
35c
....
—
Hosco Gold Mines
Huron
18c
114
—100
-
-
Patricia
131
18c
—
40c
Jan
6c
9,700
5,675
100
114
Jan
39c
Sarcee
Hclbnger
Jan
1,000
1
-
80c
5c
Hlnde & Dauch
Jan
5%
100
Pershing
Crown Trust
Jun
May
*6% Mar
Jan
Jun
85c
15
10c
—
7
45c
V' 9%
Gold
Highwood
Feb
Jun
76c
14%
10c
5%
76c
15
—
5%
100
3,400
10,200
Jun
40c
6c
——f
•
———1
*
-
common
6c
5
100
16
265
17
16c
*
Highland-Bell
Highridge Mining
1.24 Jan
Jun
567
50c
6c
7c
8lj88%
149
152
Jan
Jan
Jan
7
■
...
—
18
17 %c
50c
*"
—
Heva Gold Mines.
Jan
21,900
..
50c
Consolidated Duquesne
———1
Consolidated Homestead Oil—
-—*
Feb
16%
39c
1
Hedley Mascot
Apr
Jun
85c
125
Heath Gold
30c
May
Apr
1.40
Hasaga
2.73 Apr
14% Jan
May
17c
64c
IS
Gold
Harricana
Mar
18
2 Vic May
Jan
4c
Jun
Feb
Feb
7
...1
Harding Carpets
.2.00
9,500
Jun
9V4
6 Vac
Hard Rock Gold Mines
2.85 Feb
Jun
11
15%c
1,325
53
22
18 %c Jan
..14
505
,
Jun
May
2.18
1,000
2,000
10
9%
«
1
May
8,075
15 %C 15 Vac
Apr
May
50c
1
Alabastine..
&
■4c
.
50 V4
20
Jan
11
5,000
5,168
55
17
1
-
Lane
Gypsum
Apr
13 %c Jan
4%c
3c
2.35
Jan
50
1
Hallnor
25
103
51
*
common
Mines..
Mar
14.
Feb
9Vic Feb
Jun
1.45 Jan
98c
ll%c l2%c
8
8
40c
46c
43c
—
.
25
90
20%
—1
May
93c
12c
———-?*•'.
2
Bakeries
Consolidated
—1
——
Felt
4lc
1.60
93c
••
,
West
Guayana Mines
Apr
*.1,000
1.40
—
.
High
12%c
Jun
50%
9%
*
common
•
1.65 Jan
May
May
9
5,000
4c
64c
—
5
1.74
14
4,000
.
.
11%
18c
—
/_
-—
Mines
Coniaurum
—.——1
—
Mines
Coniagas
—
—
*
...
....
Paper
45c
4c
64c
2.34
*
1
—
*
4%c
2.20
■ 12c
Lakes
1.50 Jan
Jun
65c
10
3c
Feb
Gunnar Gold
9
14
2%c
2.20
11%
18c
—
—
Willans
Cocheuour
Cockshutt
Coin Lake
■
14
Circle Bar Knitting class A——
Citialam
9
45c
—
1
—i
—
——
Great
56c
90
Low
4%c Jun
4,000
20%
51
B
class
Grandoro Mines
Jan
9%
Great
15c 15%c
4c
5C
—.
—1
...
Feb
25
1.40
.
18,500
90
*
Iso
Mackay
102
1.14 Jun
4,125
4c
Raoge Since Janoary 1
28 % May
7% May
9,100
4%c
—
Preferred
Jan
4%C
..1
Jan
99%
2,900
—
17%
Jun
100
1-40
58c
67c
———1
Cheskirk Mines
Chimo Gold
1.14
~-l
*-
Centremaque Gold
Chatco Steel common
Goodyear Tire common
Jan
16
7%
—
60c
63c
Feb
Shares
High
3c
4Vic
Porcupine
Mines
23% May
15
--
—
101
11%
105
7%
*
Gold Mines——-1
Central Leduc Oil
Goldora
15%
Gordon
7%
»
Feb
22
25
1
Castle-Trethewey
Chemical
6,280
1
Cardy Corp class A—'—
Cariboo Gold
—
Central
12%
27%
Goldhawk
Apr
97%
10
Feb
150
Sales
lor Week
of Prices
Low
Par
High
Jan
141
.20
100% 100%
24
24
—
—
20
144
97%
Last
Sale Price
Jun
12%
175
11%
27%
12V4
—-——
preferred
Canadian Utilities
Low
High
13
Week's
Range
Friday
STOCKS—
Range Since January 1
Shares
144
97%
—
-25
Canadian Pacific Railway
Canadian Tire
12%
12%
17
for Week
of Prices
tow
Par
WEEK ENDED JUNE
Sales
Week's
Range
Sale Price
M6nday, June 20, 1949
MARKETS
LISTED
RANGE FOR
CHRONICLE
FINANCIAL
■
8
9
175
11%
10%
11%
1,350
10%
Jun
15%
57
57
57 V4
285
50%
Jan
62% May
36c
37c
2,000
Jan
Jun
50c
Apr
6c
7c
3.500
6C
Feb
12c
Apr
8C
8c
1,200
8c
Jun
12c
Jan
30
"
Manitou
For footnotes
1
see
page 4d.
tr
1.53
1.50
1.70
25,900
1.50
Jun
3.15
Jan
McWatters Gold
»
Volume
169
Number 4813
THE
-
COMMERCIAL
&
CANADIAN
Friday
STOCKS—
Week's
Last
Par
Mercury Mills common
Mid-Continent Oil
Milton
&
Pacific
Grain.
*
Model
Oils
Modern
Monarch
Moneta
1.05
-
Works_^
Mortgage it lnv_
3%c
500
3Vic
Jun
25
300
8.35
32c
500
17%
414
35
6V4
150
38c
41c
6,300
18%
19)4
64%
65
Feb
Benator
1.55
Moore
Corp
Class
A
•
common
__
•
z—-
preferred
"
__
100
Class B preferred ;
256
__
100
—.
Mylamaque Mines
'
48c
Jan
,
256
5%
Sbawinigan
Water
Power com.
&
_
National
Drug
*
common
Preferred
; ,
'
_____„
__
Preferred
37
5
common.j.ir
*
National, Grocers
•'
7
Jan
18%
Jun
23%
Jan
64%
Jun
73%
Jan
256
384
Jun
260
Jun
392
Jun
6c
8
_
5
,10%
'
common
12%
___——___20
,
12c
35% Mar
8
50
6
65
10
38%
Feb
10%
■
12%
Mar
12Va
27%
__
60
.
28
—
50
12 %
130
'
j
27%
8
1
11%
Brewing
Sheep Creek Gold
Eick's
A
National Hosiery class B ___——if—__*'
National Petroleum
-.j—h:
25c
National
Steel
Car___—
_.
Negus Mines
Neileon
New
;
17
2.03
New- Calumet
Mines^_
•
New
New
class
Oils
»
North
23 %
1.95 May
100
2.63
104
May
'
7c
Jun
15c
Feb
4c
May
9c
1 55c
53c
55c
8,933
47c
May
75c
■
Jun
23c
May
6c
4 Vic
10,000
-,3c
Jun
18c
Jan
7c
May
8c
7c
9c
.—1
10c
8,500
lie
9c
Jun
26c
5,000
4c
55c
99,150
47c
92c
92c
49
■
11c
800
.
50%
Mines.
Mines
20c
1,500
12c
May
1.85
25,176
4c
4c
4%c
35,500
-
1
5c
28c
1
p.
___
Northern Extension—'
'
__
_
Northland Mines
10c
.
13 %c
5c
__
..
■■
7
■
5
__
6
5%
•!
.
-Jun
40c
15c
3%c
980
6
125
5%
Feb
7Vic
*
5%
Apr
1.60 Jan
j
2.59
Jan
18% May
18
May
,
550
7.00 May
42c
34c.
36c
8%.
8%
6%
6%
25
25
22
22%
100
22
q>i
106
93
8.25 May
Jun
q-J
Jun
11,800
31c
Jun
5,000
.
32c
Jun
365
8%
Apr
95
5%
135
24%
65c
Apr
48 Vic Mar
9%
Jan
...
;
:
Apr
7%
Feb
Jun
30 '
Jan
26%
Jan
18%C 18Vic
'
Jun
44c
Jan
24c
Feb
41c
May
2,200
lie
Jun
23c
Jan
42c
Jun
54c
710
.
18%c
3,800
12c
12C,
80
:
5c
Jun
7c
Feb
80
May
83'
Mar
43c
5
5%
80
80
10
9
:
S%
Jan
2,100
42c
-
99%
6,600
33c
30c
•'
'
Jan
9%
1,320
7
Jan
20
20
100
20
Jun
22
Feb
*
4%
4%
25
4
Jun
5
55c
:i—
—'
58C
2,400
50c
Jun
80c
Apr
Apr
of
15
80
80
3%c
80
common
—.25
—
Oil
15
79%
—
Canada
__
«
r-
1.33
—100
preferred
13%
405
78
80
100
4c
1.30
115
3,000
10% May
78% May
3%c Jun,
-
Feb
15
Mar
■
1.35
11,500
10
10
45
9
20%
90
20
Apr
se
Feb
8%c
Jan
1.30
Feb
es¬
...
Mar
20%
__'
20%
Contact
1
7c
7c
8c
—1
1.32
1.27
1.40
—1
1.43
1.40
1.45
—
—
—
—
*
River
IIIIl
—100
Gen
Jan
Jun
1.70
Jan
10
Jun
20%
Apr
Jun
11 %c Feb
May
8,160
1.27
Jun
3,100
1.27
Jan
1.90
20c
18c
2,500
Jun
2.85
2.96
4,945
2.54
-12c
13,300
8%c
69c
Jun
69c
86c
27,300
•165
168
15
7c
7c
1
:
*
class A
...
37c
41c
17%
17%
25
__
17%
•
Resources
1
55c
1,000
May
1.35 May
168
Jan
Jun
8,000
29c
Apr
22c
156% Mar
7c
Feb
3.30
Jan
__
Apr
36c
Jan
10%c
80c
Jan
1.72
'
11c
1
_
May
10c
Feb
47c
May
;
17% May
20
Mar
1
55c
59c
11,200
55c
Feb
90c
Apr
'■
30c
40c
10,700
30c
Jun
65c
May
1
10%
9%
10%
2,010
Jan
10%
Apr
5
28
28
75
19%
19
19%
205
50
48 %
47
48%--
115
47
Jun
52
Feb
25
18
18
18
20
17
Jan
18
Apr
1.54
15,700
*
Union Gas
•
8%
'
O'Brien
Gold
Okalta
Mines
1
__
Oils
O'Leary
Malartic
Omega
Ontario
1.50
1.22
1.31
37,300
14c
2,000
1.11
12c
Jun
1.95
2.60
3c
3c
3,000
3c
Jun
6c
1,000
3c
Jun
6%c
100
50c
Jun
1.50
Jan
4
4
150
4
Jun
3,000
6c
Jun
Orenada
1
7c
€ Vic
7c
1
6Vic
6Vic
6%c
3,000
5c
May
1
50c
45c
50c
13,900
45c
May
7c
8Vic
11,000
7c
Jun
Osisko
Lake
Osulake
Pacific
Pamour
Cadillac
Western
Paramaque
Gold
2.35
41
41%
495
1.05
1.00
1.05
4,950
1
—-
__
•
—:
10Vic
—1
—
3c
4%c
2.02
23,480
36 Vi
96c
__
1
5%c
1
4%c
1,000
9c 10Vic
10,000
Be
3c
May
3c
4c
30c
Jun
42Vic
Jun
12c
Jan
55c
7c
1
1.78
1.71 / 1.81
3,650
Gold
1
3.10
3.10
3.20
1,731
Porcupine Peninsular
Porcupine Reef Gold
1
1
__
3Vic
4c
4,000
34c
2,000
1,045
Powel
32c
-*
certificates.
trust
Corp
100
——
5%
5%
255
1.30
4,075
4.00
4.00
4.40
6,791
4.00
22c
22c
1,500
7.15
6.65
7.50
9,540
6.50
May
15%
Feb
24%
25%
3,295
23%
Jun
28%
Jan
6%C
6 %c
1,000
38%
38%
38%
280
92
92
-145
7c
8c
18,500
6%C
5c
& W)
—
5%C
9,200
31
2,634
4c
4c
1,000
115
115
20
110
18
1
;
*
Products
._
-100
Wiltsey-Coghlan
1
7c
Winchester Larder
Wingait Gold
Electric
»
common
33 Vi
65c
35Vi
Jun
89c
1.71
2.34
Jun
Jan
3.65
Jan
8c
3.00 Mar
•
Jan
15 %c Mar
Apr
Wood
—
May
32c
Jun
44c
42%
115
Yellorex
1
Bear
Preston
East
Prospectors Airways
Quebec
;
__
1
Mines
class
Renfrew Textiles class A—
Gold
Reno
Riverside
class
A
1—
1.02
Jan
36c
28,800
18c
Jan
48c
61c
Jun
84% May
62C
68c
10,960
7VB
360
6%
Feb
7% Mar
1%
2%
500
1%
Jun
3
Jan
Canadian
9%
Jun
12%
Jan
1.73
Apr
63c
63c
25c
..
.
500
25c
43c
17c
Jun
46c
Jun
3,800
49c
6,000
27,800
20c
46c
1.05
1.00
1.45
2.15
__
—1
£ocbe Long Lac
,'Roxana Oils Co
•
12c
40c
.
45c
6,410
67c
1.04
62c
May
11
1.07
4,500
70c
1.58
2,500
12 %
100
2.15
5%
5Vi
5 Vic
5%c
29
29
100
2,000
v
12c 12 Vic
25c
25c
24%
25%
6.35
6.10
75
15,300
29c
25%
6.35
v
Mar
Exchange-Curb Section
Jan
11%
.tfu '
Apr
May
6%
57%
18c
5Vi
2.52
66c
Jan
12
,
Mar
32c
Jun *
2.00 May
50%
Toronto Stock
Jan
~.
20
20
75
Jun
73c,/..
Mar
1,690
55
50c
1
Jan
118
May
55
Jan
63c
*
6%C
16%
Jun
*
r—
Silk
Jan
Jun
4c
Apr
90c
46 %c Mar
.
Jun
37%
Jun
1,000
__
lid
11 %c
Jun
25c
1
Jan
Feb
Jun
1.30 May
47c
373
May
»
12%
8,000
__
Jan
7%
*
A
STOCKS—
Funds
17
May
Corp
Jan
Jan
Brown
Co
3c
4,400
5%
5c
Canadian
Jun
26
Jan
75
Jun
114
Jan
4
2%
2,825
2
71
71
73%
130
71
May
May
•
20
19%
20
300
19
Feb
22%
common
•
64
Jun
85
Lumber
Vickers
Canadian
Western
Jan
Canadian
*
Jan
103
Feb
Westinghouse
60
65
3%
3%
49
50
*.
——
50
667
60
-
3% May
750
7%
Jun
May
,
4
Apr
Jun
53
Jan
Dalhousie Oil
Feb
Disher
18 Vic May
May
50c
14%
13%
23%
33%
33%
33%
May
13%
95
20
33%
33%
75
*
14
14
300
2.50
2.50
2.50
•46
43%*
*
14%
4,890
Jun
18%
32c
3,100
23%
200
Apr
Jan
8c
30%
Mar
Jan
49
ISO
'
May
25c
21
95
Jan
Jan
9c
165
77
2
and Dominion Sugar
1.18 May
Jun
'
High
21
2Vb
30c
—
Steel
Mar
Dominion
preferred
Bridge
Dominion
29
Low
21
100
3,75
8c
Range Since January 1
High
1
common
Jun
May
Shares
75
r
Pulp & Paper com—*
Preferred
Jan
for Week
of Prices
Low
*
British Columbia
Aor
1.45
Range
Per
-
Sales
Week's
Last
Sale Price
Consolidated Paper
J
5c
27
Feb
May
*
100%
<
5%c May
1,000
Jan
9c
40
•
May
57c
1.38
1
—
7c
65c
1.30
*
1,
Regcourt
Jun
50
1.35
*
26c
Jun
Feb
1
60
725
1
MacDonald
6%c
35%
92
2,000
Canada
Reeves
Jun
61c
9%
1
IJuemont Mining
Quesabe Mines Ltd
21c
C5c
9'A
1
Queenston Gold
f
Jan
2.15
34c
B
Asbestos
Quebec Labrador (
Quebec Manitou,,
Jan
12%
9%
1
Gold
5
6.40
Jun
57c
1
Dome
Jan
Jan
2.94
Jan
1
Metals
7%
1.82
18%
Friday
Pressed
Jun
2%
Knitting
Class
Jun
5%
18
•
Mines
Yellowknife
1.25
2.02
—
Jan
Jun
100
pfd
Combing
Wright-Hargreaves
Jan
33%
& James)
Wool
York
3c
30%
31
Gold
(Alex
Glass preferred
,.
Donnacona
—
Paper
30c
Jun
20
45c
Mar
31%
32
Feb
13%
Jan
24% May
Jan
37%
Apr
34%
Jan
20
Jun
Mar
'
10
•
Royal Bank
■
Royalite Oil
^
Roy bar
Mines
2nd
St
Corp
Paper
2nd
5.85
Apr
Feb
7.10 May
Feb
26 %c May
•
15
—
18c20%c
34,500
9c
4c
5Vic
9,500
3c
Jun
14%
15Vi
1,250
14%
Jun
6c
6c
-1,500
pfd
49
_'_
17%
17%
1
1st
preferred
Lawrence
4%c
1
pfd_!_„
18c
1
—
Industries common
Lawrence
9,350
26'
Jun
Foothills
Oil
•
Humberstone Shoe
1
Ryanor Mining
St
24%
-
Chibougamau
^iRupununl
Russell
*
770
:
9%
9.%.
10)4
37
37 Vi
1
„
*
-
10c
Jan
18%
Jgh
International Utilities
W
*
1-1
Minnesota
1
_'
>
& Ontario Paper
6c
May
Pend
Oreille
17%
Jun
22
Jan
Price
Bros
90
9%
Jun
14
Jan
Southmount Investment
Jun
43
Apr
Temiskaming Mining
37
*
r
50
100
18
*
,
common—
13%
'
3,325
18
46
2.50 Mar
3.65 Jan
100
"
14%
18
20
Jun
990
43%
Jun
58
Jan
13%
Jun
15% May
12%
Jun
565
...Jun
Jan
8c
International Paper
•
rr
12%
1
3.70
—*
—
*
1
'
42 c
__
14%
3,470
3.55
3.80
7,200
45%
*
;
-
45%
50
42c
42c
335
€%c
7%c
4,500
12%
,,
22%
,
3.25 May
45%
40c
6%c
6.70
Jun
Mar
45c
May
Jun
8c
Apr
/',oC*
■
rt-hncM
atJc.C
-vbun
.t'iJt.'Cl .U.L.
For footnotes see page 46.
Jan
Mar
il"
»i
Jan
55
C'r-0
1 't
(
1.10 May
12%
__
__
•
_
Premier Trust
35
1
1
Gold
Rouyn
Voting
Power
__
1.25
e%c
(G
(Geo) preferred
Winnipeg
Jan
Jan
1.20
1
•
(Hiram)
Westecl
30%
24%
25%
*
Malartic
Weston
Feb
Jun
1.20
1
Amulet
Walker
27%
19
1.30
*
Mines
Jan
5c
500
River
Jan
Jan
*
Oils
Waite
Apr
9,200
10,800
Powell
8c
4,200
59c
Pioneer
24 Vic
31c
9Vic
Mines
8c
Apr
5Vic
59c
Gold
Jan
Apr
5c
8Vic
Crow
Vulcan
Jan
30%c
8Vic
Pickle
1.40
Jun
1,000
3c
1
..Piccadilly Porcupine
Jun
45 Vi May
preferred-
Ventures Ltd
May
3.05
Feb
Jan
May
A
__
Hill
Canada
Winora
_______—1
—
Mines
Gold
Perron
2.20
41
•
Oil
Mines
Paymaster Consol
Pen-Rey
2-32
•
—
Mines Ltd
9c
18c
_
Steel
Upper
Feb
1.06
Keno
United
6% Mar
20c
class
United
West
—1;
Tubes.
Porcupine
Pandora
Pan
1
—
Petroleum
Hershey
Page
—
Mines———
Mines
__
_____
Class B preferred
Jan
50c
0
B
United Fuel
Jan
3%c
•
Orlac Red Lake
Feb
50c
__
Corp class A
Class
Apr
17c
Feb
Apr
Orange Crush
Gold
Jan
3%c
'
*
*
common
1.42
10,525
14c
______1
Exploration
Beauty Supply
1.60
1.13
•
Gold
Omnitrans
1.56
•
United
•
30c
_
Transvision-Television
Apr
5c
2.95
•
„-
Petroleums
Traders Finance
2,500
:
'
Trusts
Towagmac Exploration
Tower
18c
20c
II—1
Toronto
9% Mar
May
7.50
Jun
Jun
38c
.
Torbrit Silver Mines—
May
3,500
15% Feb
42c
Tech-Hughes Gold Mines
:
Thompson-Lundmark Gold Mines.
Feb
Jun
7%
5Vi
335
•
common—
Cons Mines
Taku
Jan
10c
5c
V"'
16%
7.40
'T
:: 100
Sylvanite Gold- Mines
Jan
22c
20,600
500
16%
1.01
1.25
1
Jan
12c
,15%.Mar
;
Sudbury
Jan
3.75
3%c May
4,000
22c 29 Vic
10c
4c
17c
Jun
Jun
1.70
695
-95
;
Transcontinental
1
North Star Oil common....
Preferred
5c
Jan
Jan
12% May
"
.Jan
12c
92; 097
—
Bros
Co
Stuart
58% Jan
1.70
2,200
1.58
8%
common
Sterling Coal
Jan
Jun
12c
5c
1.15
Jun
92c
Jun
1.80
1
11% Mar
1.09
.
Steep Rock Iron Mines
Apr
8c
*
13c.
235
48
«
Jan
48 %
1
_
8c
1.03
2,680
1
___.—
May
May,
7,800
/
Feb
20c
10 %c May
17%
0
i
Preferred
Jan
4%c
9%c
__
2,900
17
40c
%
—1
Steeloy Mining
Jan
7,450
Steel
Jan
Jun
49c
__
1
20
-
1.35
.
__1
Sullivan
5
—_____
Gold
14c
6%c
53,800
4V4c
„
50c
_—
'
9%c
1.01
1.48
.22
______
Paving
Btedman
VJan
6Vic
12%
_100
Standard Radio class A
Btarratt Olsen Gold
Jan
3c
50%
Mining
Gold
5c
4,000
9c
;
—
2,000
_
Jun
:^5
Mines
'
6c
3Vic
3Vic
__
9c
Jan
3Vic
__
45%
13c
12
_*
_______
Brazeau
Standard
Feb
'
45%
12c
_i
Standard Chemical
.* Preferred
1
Mar
1
A
Preferred
2.35
31c
•
Apr
45%
12
•
Gold
South
Jan
Jun
5c
class
Class B
Stadacona
Apr
Feb
Jun
„
25
1
_1
Bladen Malartic
Jan
84c
:*
——_
Corp
Inca
Jun
22c
_1
.
Malartic
Norseman
16%
7,250
3%c
Jun
"
1
Preferred
Jan
28,825
•
22%
16 %
Mining,
Class B
May
47c
26c
Mines
Norpick
17
Jun
22c
.
...
Mines
Normetal
15% Mar
27c
87c*V* 99c
■
897
_____•
'
4,000
,
Jan
23
Simpson's Ltd class A.
,'28%- Jan
Apr
' 1,500
,
49c
4.50
Feb
87c
1
Nipissing Mines
Nordon
4c
.
Thurbois
Noranaa
7Vic
Jun
50c
__.
common
Bilverwood Dairies
Jun
26c
1
Yellowknife
Norbenite
7c
4c
•
__
_—1
Norzone____;—
Pacalta
Nicholson
10
*
•—
Gold
Rouyn Merger
New
6,250
101
«
30c
7.40
Bilanoo
Feb
1
.
V
,*
Marlon Gold
New
2.12
101
__
——1
t
850
2.00
1,700
—
Feb
Jan
1
^
Jason
Newnorth
17%
-t
.1
.
Goldvue
New
16%
.
34c
45%
j.
Breweries
Eiscoe
5,000
-
May
33c
High
Jun
Jun
,
255
30c
100
_.
New
Nib
*
'
Alger
Bidlamaque
New
New
preferred-.,
16%
27c
29c
•
*
—
(Wm)
v 16%
16%
17c
*
Voting trust certificates
-14 V: Jan
Apr
'
.
Mar
Low
2.50
Mar
60c
500
37
-
7c
1
Winnipeg
Silver Miller Mines
National Breweries
42,100
♦
I—50
Feb
Jun
6% Mar
lo
-
12c 13 %c
22%
Rouyn Ltd
Shea's
37c
10
384
6Vic
2,758
13c
1
Shawkey Mines
165
384
.f
3.98
33c
1
Mines
Jan
845
6%c
__
1
Range Since January 1
High
3.75
3.80
Sherrltt/ Gordon
Montreal Locomotive.:
Shares
Low
Gold
Preferred
May
for Week
Jan
12
Mar
4
Antonio
Sannorm
May
30c
Ban
Sales
Range
of Prices
Par
Jan
7Vic Mar
1.00 May
425
32c
__
7%
Mar
.
1.10
4 %
__
;
16
8.75
6%
^
-
i-
—
Jun
1.05
*
Porcupine——;
6%
__
*
Week's
Last
Sale Price
High
540
»
,
8.75•.
__
_1
„
Tool
3%c
__
•
Mining Corp
Low
6%
_*
Brick
STOCKS—
High
45
17
Range Since January 1
16% -16%
•
—
Midland
JUNE
Friday
Shares
6%
__
(2677)
MARKETS
ENDED
for Week
Low
._*•
__
WEEK
CHRONICLE
Sales
Range
of Prices
.
Sale Price
LISTED
FOR
RANGE
FINANCIAL
n
46
THE
(2678)
COMMERCIAL
&
FINANCIAL
CHRONICLE
Monday, June 20, 1949
OVER-THE-COUNTER SECURITIES
Quotation
for
Friday, June
17
Investing Companies
1
Aeronautical Securities
lYtAmerex Holding Corp
10
American Business Shares
1
Associated Standard Ollstocks
Affiliated
Fund
Inc
series
Shares
2
A
1
Axe-Hough ton Fund Inc
Axe-Houghton Fund B
5
1
1
•
1
Beneficial Corp
Blair Holdings
Corp
of America
Bond Inv Tr
Boston Fund Inc
Bid
Par
Mutual Funds—
—
Bowling Green Fund Inc
Invest Corp
Ask
Managed
4.62
x4.20
Figures after decimal pohit represent
Aik
Federal Land
Funds—
Automobile
26%
28%
3.41
7%
X6.10'
X12.64
4%
2
87.16
18.18
-
3.74
8%
6.59
13.74
5
2%
90.79
19.65
7.29
13.91
15.04
2.70
shares
3.02
3.33
3.21
3.54
2.88
3.18
3.06
Bullock Fund Ltd
1
14.68
16.09
Century Shares Trust
1
29.78
32.03
1
12.24
13.24
Christiana Securities com—100 2,920
3,070;
Preferred
100
139
144
Commonwealth investment
1
5.01
5.45
Delaware Fund
1
11.8012.90Dividend Shares
25c
1.28
1.41
Fund
shares,,lc"
Furnishings shares—lc
N on-Ferrous
lc
2.65
Fund
lc
2.91,
—
1
1
20c
5
Equity Fund Inc
Fidelity Fund Inc
Financial Industrial Fund Iac_l
10
First Mutual Trust Fund
1
Fundamental Investors Inc
2
Fundamental Trust shares A—2
General Capital Corp
1
General Investors Trust
1
First Boston
Corp
3.68
lc
3.19
6.67
A
2%s
Aviation
lc
shares
__—
lc
lc
shares
Investors
Feb.
Ctfs
Mass
Fund
beneficial
of
Investors
interest—L
2nd
22.88-
99.20 >
10.10
12.67
Dollar
MaturityNatlon-Wlde Securities—
Fund ",
Balanced
National
Investors
National
Security
1
1
7.53
6.44
7.04
Certificates of
Low
Priced Bond Series
5.47
5.98
1
5.71
6.31
1
Stock
Preferred
Income
3.66
4.00
1
Series,
Series
1
2.54
24.72
Stock Series,
—1
4.04
16.03
Industrial Stock Series
1
4.76
1
2.93
Low Priced Com Stock Series 1
2.77
*
XlVaB -July
tl%8 Oct.
14,07
1.58
1.74
Group Series
New
England Fund
New
York Stocks
1
4.53
5.03
-
11.99
13.14
5.45
6.28
42.22
45.40
4.27
4.58
Agriculture!
1
Automobile
1
8.79
8.02
5.00
5.48
1
5.75
6.30
1
9.50
10.41
,1
6.78
7.43
1
9.01
9.87
Corporate bond series
Industry
1
10.55
Aviation
Bank stock
:
Bid
-
Ask
Indebtedness—
1; 1949—;
100.0034
—„
6.31
4.83
5.30
Diversified
1
3.45
Diversified Investment Fund_l
9.46
100.0201
.0289
100.0498
Diversified
8.91
Machinery
8.96
lc
6.65
7.29
Metals
1
7.04
7.72
Industrial Machinery shares lc
5.79
6.35
Oils
1
13.70
15.01
9.69
10.62
1
5.98
6.55
1
4.11
4.50
1
5.41
5.93
shares—lc
8.65
9.08
Pacific Coast Invest Fund,—1
Investing Company shares—lc
6.46
7.09
Public
lc
lc
—lc
4.68
Utility——
Railroad
5.14
Railroad
1
6.61
7.24
1
9.75
10.69
6.76
7.41
4.51
4.95
Tobacco
6.61
shares
2.16
2.39
Petroleum
—lc
3.05
3.36
Putnam
stock shares
lc
lc
lc
3.45
3.80
Republic
3.80
4.21
Russell
4.09
4.50
shares
5
Dated
Due
xM>l-
1.55
17.91
19.36
2%
Shareholders Trust of Boston__l
Sovereign Investors
Standard
State
Ltd—
lc
Invest
Inc
Co
78C *.
70c
1.05
95C
11.52
10.52
Trusteed
Union
1
Industry Shares
Bond
Fund
series
1.50%
4-
1-49
11-
1-49
bl.50
1.35%
1.30%
1.55%
3-
1-49
12-
1-49
bl.50
1.35%
1.60%
12-
1.50%
5-
2-49
12-
1-48
9-
1-49
bl.45
5.33
13.41
Diversified
S-3
(Appreciation com Stks)_l
9.25
10.09
Series E
S-4
(Low Priced com Stks)__l
Fund,
1
3.73
4.07
8-2
Knickerbocker
Loomis Sayles
Loomis Sayles
Mutual Fund—•
second - Fund—10"
1.30%
1.55%
4-
1-49
1-
3-50
bl.50
1.35%
10-
3-49
bl.50
1.35%
1.55*%
5-
2-49
2-
1-50
bl.55
1.40%
1.55%
2-
1-49
11-
1-49
bl.50
1.35%
1.55 %
0-
1-49
3-
1-50
bl.55
1.45%
9-1-49
United States
Bid
June
23,
Union Preferred Stock Fund
27.90
Union Common Stock Fund
21.51
23.47
United
15.08
16.46
8.50
9.28
14.31
15.61
17.41
Aug.
0.98 %
Aug.
July 7, 1949
July 14, 1949,.
bl.17
1.02%
Aug. 25, 1949—
bl.17
bl.17
1.04%
bl.17
1.10%
bl.17
1.06%
Sept. i,
Sept. 8,
1949-,.
July 21, 1949—
1949
bl.17
1.10%
July
bl.17
1.06%
Sept.
bl.17
1.10%
bl.17
1.08%
28,
1949.,..
4.38
88.74
Whitehall
8.81
44.00
the
of
New
1
14.90
3.14
3.40
Bid
6.09
1
2.01
Brooklyn Trust
—100
Central Hanover Bank & Trust 20
xl05»/a.
National
3.17
76
52%
Agricultural
25
58%
10"
22%
24
4
43%
46
,5
5
11 %
18%
Casualty_5
113,4
15%
16°/4T
American Re-Insurance
lQ
25%
27%
National Casualty
National Fire
American Surety *
25
53%
56*
Automobile
10
38
41
333/8
41%
43%
20
*
Bank
!
273/4
50 »A
16
N Y)
32%
90
Bank
&
Trust
25\
12%
-
Shippers:
Conecticut
520
*'
Bank
20
25
27
16
Bank
31
33
of
Detroit
30%,
323A
.10
,210:
Farmers Deposit Natl Bank__100
290
Mellon Natl Bank & Trust
28%
27
:
Bank
Pittsburgh
13%-
127/a
10
100 1,150
100
270
290
20
31
33
Peoples First National
268
100
259
27
30"..;/
15
16
10
25
(J P)
&
Co Inc
47
100
City Bank
&
Trust—
Portland
First
44
42
20
Co,
Bank
335 :
100 1,295
Trust
49 "
Bank
National
United States
-
63
12%
Bank
Natl
20
<■
66
49
53
38-%
40 3i
224
218
12%
37'A
80'A
83 %
37:
39
62
Francisco
San
39%
25
65
York Trust
Nat'l Bank & Trust-17%
25
12
:
6
100
C68
t
13%
25
27
Merchant Fire
Bank
of Amer N T & S A—12 Ya
63a:
598
■
24%
Bonds—
'
.
'
'
Security Issues
Bid
1974
3s
103 "
Bid
Ask
104%
105'%
53%
54%
Central Hudson Gas & Elec—
4.75% -preferred
26%
6'/8-
Par
Stocks—
Ask
1023/8
)
Bell Telephone of Pa
'
Commonwealth Edison 3s—1999
101%
101%
100
101%
Duke
7%
102%
Conn
5
,-i
Life——10
233/4
2534
10
493/4
51%
National Union Fire
5
303A
323/4
New Amsterdam Casualty
2
303A
Power
323/4
Fire
2%s
1979
Lt
&
$2.20
Pow
Okla Gas & El 5%%
pfd
*"'
Kansas
Pow
&
Lt
2%6,__,1979
Kentucky & W Va Pow 3s_1979'
100%
13%
14%
Louisiana
103%
62%
New York
20%
19
North River
Northeastern
Northern
83%
87%
lo
49%
New
Gas
5%
&
UP,";,
27%
27%
J>
Elec—
red
1st
pfd
25
32'A
Fire
5
2.50
5
89
25
101
10
Employees Group Assoc—
Employers Reinsurance
10
58
61
Peerless -Casualty.
Phoenix
Federal
10
56%
60%
Preferred Accident
Fidelity & Deposit of Md
10
57 /
Fire Assn of Phila
10
56
59
Reinsurance Corp
77
80
Republic
l47/8
52
25
47%
49%
Lt
& Lt
4,60%
104%
Penna
1978'
103%
104
Potomac Edison
1978
103%
104%
Pub
101%
1013A.
Rochester Gas & Elec—
3%s__1978
3s_^
t
"
Pow
pfd_100
103%,
105
pfd__100
103%
1C4%:
4.40%—100
107%
4.70%
.
rf.
93
55
,
England Power 3s
New England Tel & Tel
*•
33,-1974'
Ser
(Colorado)
T09 V
^
103
104
15%
23
—1
&
Elec
106
New
Indemnity Co
Pow
Narragansett
8%
7%
12 50
—
Pacific Fire
Pacific
Fireman's
Fund
29
Of Frisco—10^
5
31
t 60
Co.,
10
Providence-Washington
Falls
lo
.,5
Globe & Republic
5
Globe ds Rutgers Fire com—.,15
Seaboard
preferred
Great
American
15
1
j
Hanover Fire
Hartford Fire
;
.
—
—
Hartford Steamboiier
84
Security (New Haven)
Springfield Fire & Marine
Accident
c.
10
30%
lo
119%
123 %
10
33%
35%
<.
32%
33/8
North States Pow .(Wise)
3s 1979'
103
:
33'
Ohio
Power
3s
100
>
." 104
4
San Diego Gas &
4% % preferred
4 Va
'*
2
-
5%:
28%
1978.
103%
104 "
3s__'l979-
101%
102
102%
102%.
/
♦
——_—20
19%
20%- "
pfd—,,',100
94%
95%.
Eastern Transmission—•
12%
12%
t11
*
Public
•
Westchester
12%
80
841
45
31%.
10
41
...
Guarantee
Westchester Fire
,,1979
Texas
Mfg
4.20%
33%
Odd lot
sale
.
US Fidelity & Guaranty
U S Fire —t
i
3s
Sccvill
323/4
,10
Travelers-
U S
Lighting
~
43
303A
of Indiana
48
10
Serv
100
Co__2
4
10
2
6.30
49
60
6.55
50
63
72
76
183/4
included
in
year's
(not included in year's
range),
c
Ex-interest,
range), b Big yield price, d Deferred delivery sales (not
f Flat price,
k Admitted to listing on N. Y. Stock Ex¬
Admitted to trading N. Y. Curb,
r Cash sales
(not included in year's range1)?" t' Exliquidating dividend.
(Un) Admitted to Unlisted Trading privileges, wd When delivered,
wi When
issued,
x Ex-dividend.
y-Ex-rights. z Ex-stock dividend.,
v
change.
20'A
•No
n
par
value,
tin default,
tThese bonds are subject to all-Federal taxes.
"
•
/
'
"
'
'—
"
*»»"!•
<
}■*'*
Elec—
6
30
a
;»•
h,
83
10
Surety
Standard
?87
31%.,.. 32%
14%
80*'
31
,_lo
10
33
•
2nd
•
5
$4.75 preferred series G
'
(N Y)
(Texas)
10
9
29._...
13
—5
:
St Paul Fire & Marine
General Reinsurance Corp
Olgns
* '
243A
403A
"513/4
30%
Firemen's of Newark
*
«
•
Pacific
43%
4
•
108%.
101%
101
23
10
100
pfd
89
10
Continental Casualty
Cram dE Forster Inc
(Detroit)-lO
New Hampshire
;
General
500;
'
22
13%
60
"
Fire—
'
100
Detroit
49%
20'
85
10
Camden
305
•
National
National
—10
Bank
183
290
34 %
87
175
100
Co
•
75%
73
100
'
Boston
■
Trust
Cleveland -
5 2'A:
,
Recent
20%
4
33 Vs
Savings
IOV2
50
National
&
49
46%
t
&
Northern
Trust
&
Bank
Trust
Harris
National City
9%
101%
45
5
Ask
135
175
29»/4
97%
Prior preferred
10
$1.05 Convertible preferred__5
Massachusetts Bonding
5
Assurance
Bid
100
Illinois
Bank
National
Central
Trust—
&
United States Trust
$2.10
*
National
397/8i
Title Guarantee & Trust
Merchants & Mfrs
American of
Bankers
1.10%
Ask
Maryland Casualty common,,,1
American Fidelity. &
Newark
1949.
353/8
373/8
13%
2%
15
10
Trust
61%
American Alliance
%
&
Co
Manufacturers
Bid
Home
5
Insur Co of North America___10
Jersey Insurance of N Y
20
80
52
-
First
871/2
Bank
Bank
Sterling National
Par
109
84 '/2
Irving Trust
Kings County Trust
Lawyers Trust
2.21
50%
Assur
15,"
Par
383A;
Industrial Bank of Commerce-IB
2.28
1
50
Casualty
1.10%
Continental
Guaranty Trust
Shares—
1
10
American Equitable
1.08%
bl.17
City Natl Bank & Trust
3.30
36%
Empire Trust
7.05
Series 1956
10
American
bl.17
trust Companies
223/4
.
3.15
10
Shares—
Ask
2iv4
100
Fiduciary Trust
Series 1955
.
Aetna Life
Automobile
1949_.
Ask
York
Trust
(White Plains,
16.02
1
Independence Trust Shares
Bid
.10:
Exchange Bank & Trust_20
County Trust Co
17.51
2.50
North Amer Trust
Co
Fifth Avenue
First
Trustee
Manhattan
Corn
8.99
16.04
Type Trusts—
Aetna Insurance
American
11,
18, 1949—
Chicago
of
&
Par"
Stamped
8.82
8.11
1
Inc
Fund
*
York
Bank
Federation
Unit
90.55
43,12
Banks &
Trust
1
Wisconsin Investment Co
•—
•
Continental
6.06"
Income Fund Shares,,,1
Wall Street Investing Corp
Wellington Fund
26.38
4.00
Aug, 4, 1949
Commercial National Bank &
18.99
24.18
1
17.74
Insurance Companies
10
Ask
0.90%
bl.17
Public
Surety
Bid
bJ.17
New
&
1949
Treasury Bills
Ask
June 30, 1949
National
Aetna Casualty
1.35%
bl.45
3-49
Morgan
Par
bl.50
1-49
1-
16.67
16.91
12.28
S-l
1-49
6-
Chemical
1
26.74
K-2
1.30%
1.45%
1.00%
Chase
1
Custodian Funds—
(Investment Bonds) __—1
(Medium Grade Bds)—1
(Low Priced Bonds)
1
(Speculative Bonds)
1
(Income pfd Stocks)
1
(Appreciation pfd Stks)_l
(Quality common Stks)-1
(Income com Stocks)—1
K-l
Ask
1.25%
bl.45
20.07
1
1
7.29
B-4
65C
58c
25c
A
9.05
8.20
Series C
23.59
12.13
B-2
84c
48.50
Series B
6.65
Keystone
76c
45.50
Corp,*
Television Fund Inc
11.85
of
Bid
Due'*
bl.45
1-49
Bankers
21.70
Co
Trust of
Dated
1-49
Bank
5.55
5.07
10c
Investment
Street
America,.—1
Boston—_1
Investment
Rate
78-
New
19
18
1
7.50
6.84
Investors Management Fund—1
Investment
Ask
Bid
■
1-48
1-48
9.94
-5
Stock and Bond Group—lc*
.0367
10-
45.67
9.18
Selected Amer Shares
shares
Insurance Group shares
B-3
45.67
5.42
,1c
—lc.
.0516
100.0170
—
11-
26.72
4.31
Shares
1950
2.08
24.85
3.99
Group shares
11%S June 1,
14.62
1.90
1
Berg Fund Inc
4.94
Bank Group
B-l
13.60-
1
Fund
Fund—-10c
Income Foundation
100.0283
—
15
1
Fund
1
Incorporated Investors
Aviation
Trading
Investors
lc
Utility shares
Howe Plan Fund Inc
Institutional
&
(Geo)
Scudder, Stevens & Clark
Fund Inc (new asset value)_•
shares
Tobacco
.0452
7.25
Equipment shares
Steel
equipment
Steel
lc
lc
Bond
.0395
100.0313
.0644
9.82
Railroad
100.0272
—
1.65%
9.38
Merchandising
I
1
8.56
6.99
RR
.0388
—
1.65%
11.23
4.34
Railroad
100.0281
—
7.20
10.25
8.34
shares
1950
1950
9.76
6.57
1
6.37
shares
1,
1.
10.37
7.61
shares.
.0110
Jan.
Feb.
ll%s Mar. 1/ 1950
11 %s Apr; 1,' 1950
-
3,78
5.13
3.95
Merchandising
!
Ask
(cont)-
11.19
5.75
4.67
shares—lc
Petroleum
Bid
indebt
of
11 %s
.1347
Federal Intermediate Credit Bank Debentures
Rate
Inc—
stock
Mining
Maturity—
'
100.1192
3.20
21%
19%
Electrical
shares—
Price
Ask
Bid
Certificates
1%%
1, 1949
U%S Dec. 15, 1949
3.03
13.12
3.52
22.81
Insurance
Low Priced
119%-
5.20
Selected
3.34
21.10
5.85
Institutional bond
116
4.42
14.99
5.33
shares
100.6-
2.78
23.12
lc
General bond
100.4*
100.4
;
.1961
11 %s
8.14
1*
Corp
Int. Rate
Treasury Notes—
JApril 1, 1950,.
13.13
12.23
Series—
Bond series
Chemical
Equipment shares lc
lc
1950
100.2"
100.2
102.12
102.4
13.84
preferred stock__l
equipment,
1
shares
99.28
Ask^
100
1949
II. S. Certificates of Indebtedness
10.92
1
6.56
Fully Administered
l3As Sept. 15,
l%s Jan. 20,
■
Bid
22,1949.
Panama Canal 3s
24.74
Inc_l
Fund
5.98
Electrical
99.8
99 t
point
a
Banks—
Other Issues
Trust—
lc
Food
July
Loan
7.31
Mass
Building shares.—
shares
1952-1950
1953-1951
1, 1955-1953
32nd« of
more
Home
3.52
Inc—lOc
Steel
Manhattan Bond
Chemical
shares
Automobile
100.3'
100
or
1.65s
4.06
Building supply
Group Securities—
Agricultural shares
1,
1,
-
1950-1949
one
Federal
Ask ;
3.21
lc
Metals
shares
Speculative Series
—
,
l%s May
l%s Jan.
Bid
f
2.93
Paper shares,,
Petroleum
Baton to Howard—
Balanced
1,
Bonds—
3.38
Industries
__
Stock Fund
Bank
1%8 Oct.
2.98
Home
7.30
5
lc
Business Equipment shares.lc
Electrical Equipment shares-lc
3.63
•
MutuaFinvest Fund Inc
Chemical
Bid
Par
General
3.31
10c
Broad Street
Obligations Of Government Agencies
Mutual Funds—
„'«•:
......
•
•
1
Volume
169
t
Number 4813
THE
COMMERCIAL
&
FINANCIAL
CHRONICLE
(2679)
THE COURSE OF BANK CLEARINGS
194»
-
I*
Bank
clearings
this
week
will
Preliminary figures compiled by
cities of-the
show
us,
r
decrease
a
compared
with
year
Third Federal
Reserve
ago.
based upon telegraphic advices from the chief
ings will be 11.2% below those of the
corresponding week last
total stands at
$14,102,591,174 against $15,888,127,402 for the
there
is
loss
a
for
the
week, ended
summary for the week follows:
year.
week in
same
Friday of 8.2%.
1948.
1949
$7,453,250,916
Chicago
Kansas
City.
Ten cities, five days
—1
cities, five days.
day
*
.
.
I
-•
■
in
issue
our
ends
and exact details for the week
of
next
In
we
week.
Vie
cannot
Saturday and the Saturday figures
Accordingly, in the
•
able
to
8.3
covered
furnish them
detailed
For
that
week
there
center
9.3
was
a
859.062,786
In
Reserve
the
|
—10.9
(7
+ 10.3
7,6T0;231
4,502,059
881,669,420
775,114,259
707,898,223
today, inasmuch
Total
decrease
to
of
a
the
as
going to
press.
District
of
9.0%
Cleveland Reserve District the
Augusta
787,844,669
the
we
furnish
a
summary by Federal Reserve
SUMMARY
Week Ended June 11
Federal Reserve Districts
1st Boston
8rd
5th
-12
—
Philadelphia _!
4th. Cleveland
_11
1
!
9th
Total (10
Dallas
4
7
—-
470,213,229
1—
♦
6
-
Francisco--
* J
-10
v
6,634,276,651
7,026,849,322
840,594,159
881,669,420
? ; 709,587,546
787,844,669
-
M"
S *
■
,
425,342,801
9.0
'
7,700,174,567
—
4.7
410,199,878
570,682,638
+
983,361,739
421,505,273
448,589,171
180,724,799
75,725,494
66,317,291
410,199,878
+
3.7
384,804,290
357,245,963
344,212,120
381,819,225
'419,121,394
it
_
;
484,489,573
-3.7
384,804,290
515,190,802
649,227,525
~
723,849,144
12,695,085,997
6,287,195,811
13,507,941,538
"
6,771,409,020
966,356,424
398,130,2811
:1!
;
••
•
<
.
I:
:'.'Y
/ ;
.
„
.......
1949
1948
$
r—-
$'
313,693,645
42^, 114^459
-
11,570,396
+ 18.7
3,324,457
2,865,544
69,468,168
90,335,671
7,837,031
481,171
4,060,557
3,510,259
2.4
73,079,455
79,180,803
—11.2
6,613.010
5,825,898
+
9.6
112,388,984
+
1.3
552,214
106,880,016
104,936,112
570,682,638
+
2.0
515,190,802
505,796,104
9.1
—
70,944,220
398,460
1,571,961
—12.9
I,597,979
9,624,513
8,547.098
4,839,319
+ 24.1
4,612,191
6,625,363
4,508,595
6,182,154
—25.4
52,609,000
—
1,729,932
10,689,002
6,003,243
57,539,000
6,545,556
6,742,446
t3,481,872
.
t
58,858,521
28,200,752
30,563,711
14,688,830
15,536,498
1,315,447
714,203,478
Decatur
1,343,430
2,870,692
3,811,967
757,128,862
3,781,092
11,322,762
6,333,127
-
_
14,495,830
3,630,953
4,478,575
925,409,750
—
8.6
5,067,293
To
52,824,040
2.4
3,331,065
7.7
25,936,465
5.5
14,710,067
2.1
+
5,838,290
1,471,235
5,582,857
50,408,000
3.0
—
1,258,822
765,579,312
'
58,272,420
3,722,112
4,558,492
42,509,000
3,956,825
t
—
—
—
—
—
5.7
—
—24.1
X
46,979.644
2,917,352
20,174,606
.10,393,484
1,124.213
626,573,073
2,388,974
8.5
3,047,971
II,764,029
5,189,124
—18.9
3,809,524
5.9
966,356,424
791,053,873
3.5
224,7O0,OOOt
225,100,000
—21.9
+
983,361,739
—
244,600,000
100,454,333
74,528,312
1,922,628
263,600,000
117,276,675
75,426,359
—14.3
2,286,137
—15.9
421,505,273
448,589,171
7,887,084
4,069.003
6.0
Missouri—St.
Louis
Kentucky—Louisville
Tennessee—Memphis
Illinois—Quincy
Total (4 cities)
—
100,094,219
71,571,044
1.2
—
6.0
—
87,329,539
63,809,498
1,765,018
*"
1,326,656
398,130,281
377,565,693
...
Ninth Federal Reserve
District—Minneapolis-
Minnesota—Duluth
7,920,305
230,404,993
84,334,944
3,570,094
North
9,086,252
;—
Dakota—Fargo
South Dakota—Aberdeen—
556,385,225
Montana—Billings
r>
•*
12,635,133,884
Total (7 cities)
5,525,357,745
7,554,139
381,819,225
5,622,049
217,870,227
6,194,947,296
3,337,682
344,212,120
St. Paul
347,472,236
9,596,733
265,441,842
84,654,188
7,638,136
3,596,509
3,273,483
Minneapolis—
291,509,709
•
625,756,066
13,618,788,191
'
7.2f
2,995,105
,
Eighth Federal Reserve District—St. Lonia—
246,211,160
1
—17.5
7,363,586
8,055,608
—13.2
218,257,457
69,215,'4 20
201,999,264
0.4
—
65,524.371
—26.4
5,485,890
4,447,971
0.7
3,461,720
2,194,870
1.9
2,996,074
6,914,498^
7,061.189
—
—
+ 20.3
9.8
—
2,226,436
313,693,645
291,509,709
Tenth Federal Reserve District—Kansas
City-
Nebraska—Fremont
'
1,851,179
3,697,726
4,661,415
391,090,883
429,905,653
Fall River!!
1947
Dec. 74
-
*!'
Omaha—
1946
Kansas—Topeka
t
1,698,855
—20.7
4,663,679
4,717,360
9.0
431,003,495
1,597,884
733,518
653,381
10,763,912
2,221,732
2,183,872
——
7,485,164
118,277,204
6,906,952
5.7
—
—25.9
8.2
—
4.9
—
3.6
+
17,812,940
—34.7
317,133,181
—16.6
11,008,672
2.2
2,306,0541 — 3.7
2,204,673
—
0.9
—
657,894
—
,
6.1
788,309'
836,550
,—
402,149,990
1,761,281
mmm
City—
Joseph
701,352
112,506,080
7,152,661
11,634,717
264,641,909
—
"Vf tchita.—mm. ..mmmm.m
St.
1,431,019
Colorado—Colorado
Pueblo
Total
r
1
-——
Missouri—Kansas
—11.9
1,831,426* —13.8
1,579,492
————
Inc. or
661,362
484,407
6,870,742
*
Hastings
1
1,630,340
.——
Massachusetts—Boston——:——
—_
182,000,000
9,310,336
Chicago.
Week Ended June 11
T T
.
First Federal Reserve District—Boston—
Lowell—,
54,277,047
163,900,000
District—Chicago—
i.■
Clearings at—
Maine—Bangor
15,779,474
61,820,816
1.5
detailed
our
;
4.8
+
+ 11.5
Sioux City
statement showing the figures for each
city for the
week ended June 11 for four years:
'
/
L:
i
)
+
582,031,356
Illinois—Bloomington
377,565,693
9.8
—10.3'
—
—14.2
—13.0
Des Moines
791,053,873
6.0'
6.2
—
16,490,051
64,302,888
194,000,000
505,796,104-
5.9
$9
-
3,216,835
113,891,817
357,245,963
—13.5
—
-
4,037,877
Iowa—Cedar Rapids
481,082,482
*
291,663,020
+
2,122,551
9,328,000
95,536,487
4,224,431
Wisconsin—Milwaukee
639,540,438
U
273,564,193
0.5
527,471
Terre Haute
^
—
4,008,267
+' 6.7
—
76,584,534
Indianapolis
7,361,713,711
.
2.0
+
—
—
—18.1
190,029,379
2,932,511
11,968,000
118,042,348
88,131,677
6,962,468
Cities)
Springfield
759,930,765
M
925,409,750
639,540,438
4,791,990
3,674,358
Orleans—
South Bend
707,898,223
,
759,930,765
4.2
Indiana—Fort Wayne
:
775,114,259
9.9
9.9
—
0.8
Michigan—Ann Arbor
Grand Rapids
Lansing
$
511,311,473
5.6
It
Outside New.York City.
add
—
—
"
-111 cities
now
—
<6
229,498,438
1946
$
«
Total
We
516,923,739
-
Dec. 7c
1947^-'
247,836,431
9.9
Rockford
!;
or
3,262,095
6,221,753
9.7
85,380,974
Total (16 cities)
Inc.
M
City———!.-10
—
$
582,031,356
-
'Minneapolis
12th San
,
;
1948
6,382,947
+
...
Seventh Federal Reserve
CLEARINGS
W
.16
Louis
10th Kansas
11th
6
-
1——
—
7th Chicago
8th St.
7
_
Richmond
8th Atlanta
BANK
$
-1? cities
2nd-New York
OF
1949
23,576,600
7.3
—
+
Mississippi—Vicksburg—
Louisiana—New
smaller
are
Districts: -'
9;0
+
70,465,425
Peoria
In the following
—
—11.1
202,783,327
Mobile
week
are larger
by 3.7% and in
the Atlanta Reserve District of
2.0%. The Chicago Reserve District
suffers a loss of
5vP%t in the St. Louis Reserve District
of 6.0% and in the
Minneapolis Reserve District
of 9.8%. In the Kansas
City Reserve District the totals show a loss
of; 13.5% in the
Dallas Reserve District of 6.2% and in
the San Francisco Reserve
District of 10.3%.
\
6,271,886
5,657,940
132,748,906
238,574,203
2,706,970
10,793,000
101,989,153
3,560,294
Alabama—Birmingham
Philadelphia
totals
277,428,996
14,155,407
67,409,194
197,100,000
loss of 7.2%, the
in the
4,925,739
Macon
We group the cities
and
162,590,781
306,381,335
26,231,600
3,783,071
District—Atlanta—
:
Florida—Jacksonville
$12,695,085,997 against $13,507,a
6,724,600
6.7
—
425,342,801
Georgia—Atlanta
6.0%, the: aggregate of
was
J—18.4
77,409,056
(6 cities)
Nashville
•—
8,100,766
162,011,563
33,655,600
Columbia—Washington
Tennessee—Knoxville
week
present further below
decrease of 4.9%.
2,386,466
2,402,348
12,769,000
117,499,680
4,038i753
211,223,964
:
Sixth Federal Reserve
appear
has to? be estimated.
cases
we
4.7
—
294,550,219- —12.2
709,587,546
cities)
Virginia—Huntington
District of
'—16.6
>
by 9.9% but in the Richmond Reserve District
the totals
i
6,691 ,850
3,772,636
8,010,835
5,060,973
250,492,533
Carolina—Charleston
Maryland—Baltimore
are located, and from this
(including this city) the totals register a
in the New York District
Reserve District of 4.7%.
+ 15.7
4,377,228
6,730,345
Richmond
by the foregoing will
Outside of this city there
having recorded
the Boston
1,644,608
—19.2
8,219 ,606
30,636,200
1"
_1
—,
Virginia—Norfolk
2,862,420,710^—17.7
according to the Federal Reserve Districts in which
they
decrease of 5.6%, in
4,762 ,375
Fifth Federal Reserve
District—Richmond—
1.3
—
Total
West
statement, however,'which
week in 1948.
same
clearings at this
it appears that
+
$12,166,643,906,=
not available at time of
are
clearings for the whole country having amounted
bank
*i
give final and complete results of the week
previous
ending June 11.
941,538 in the
229,491,225
above the last day of the week in all
the elaborate
are
—
"
Pennsylvania—Pittsburgh
$14,102,591,174 $15,888,127,402- —U.2
"
7,
4,759,386
2,081,947*
Mansfield
8.4
337,490,240?
716,660,023
_
.
Complete
3,824,811
—14.8
6,613,448
151,980,760
258,757,032
1111-.
Youngstown
„
373,988,2611:;—11.3
$13,335,931,151 $15,029,064,616
_
—10.7
840,594,159
.
.
South
Total all cities for week
.
(11 cities)
Columbus—
4.3
2,354,983,095
2,266,420
6,080 173
2,540 204
7,380,455
Cleveland
—20.9
—
$11,030,948,056
I
cities, five days.
All cities, one
.
*
flV
336.065,000£
232,541,081
Total all
i
329,095,978
322,400,0001
309,574,154
Baltimore
4.6
9,511,803
Cincinnati
331,700,970
Pittsburgh
—27.0
—
5,427,703
Ohio—Canton
-10.6
-25.8
260,208,746
Cleveland
Other
476,140,158
322,604.000
2,272,200
680,000,000
4,567, 494
Fourth Federal
Reserve District—Cleveland-
-10.0
I-"
295,200,000
Francisco
1,020,081
663,145
2,164,265
3,846,424
Delaware—Wilmington
8.2
-
717,405,117
925,000,000
353,308.915
St. Louis
,
$3,118,667,927
645,564.274.
i
982,745
3,343,566
743,000,000
2,724,387
%
827,000,000
,
Philadelphia
Boston.
Sah
1948
942,069
—18.2
Wilkes-Barre
Total
Week Ended June 18
713.627
6.2
—10.7
476
2,857, 264
New Jersey—Trenton
New York
1,370,290
—
1,252
842,000, 000
York
Clearings—Returns by Telegraph
—10.4
1,333, 946
2,336,725
Scranton
Our*'comparative
1946
|
1,364, 032
3,335,669
803,000,000
Philadelphia—!
Reading
'
1947
1,117,903
.
At
or
Dec. %
1,221,764
Lancaster
weekly clear¬
Inc.
I
1,'251,448
Bethlehem
Chester
Our preliminary
1948
District—Philadelphia-
Pennsylvania—Altoona
country/indicate thflt for the week ended Saturday, June. 18, clearings
for all cities of the United States from
which it is possible to obtain1
this center
a
47
Week Ended June 11
New Bedford
1,716,030
2,033,356
—15.6
1,987,482
6,752,588
7,685,555
—12.1
7,292,438
6,580,905
5,081,443
5,§00.988"
—
9.3
5,312,975
4,842,728
21,337,822
20,420,892
—
(10 cities)
419,121,394
484,489,573
—13.5*
262,23
400.0L
5,290,10
80,433,97
108,935,764
!
6,418,030
ll,01i;317
4,665,64
9,281,09
237,787,32
6,083,43
1,732,54
274,211,840
10,419,959
2,153,249'
1,535,85
422,114.459
347,472,23
1,960,665
Springfield!
Springs
—
434,765
567,617
6 356,534'
Worcester.,
Connecticut—Hartford-
21,870,310
23,345,634
s
10,597,683
11,595,362
:
23,985,900
26,292,600
New Hampshire—Manchester!
1,374,374
1,332,262
470,213,229
516,923,739
New' Haveni.
Rhode Island—Provjdentie
—
.
6.3
—
8.6
—
Fort Worth—
9,172,396
26,315,400
8.8
24,596.900
+
3.2
1,280,221
—
9.0
—
Second
New
Federal
Reserve
District—New
Wichita Falls
Buffalo—
273,564,193
65.270.846
—73.7
2,885,060
75,978,902
+
66,335,688'
1.3
75,370,066
'
+
0.8
2,723,615'
!
63,022,630
77,938.457
2,460,457
Washington—Seattle
Utah—Salt Lake City
63,091,148
102,298.699
3,841,050125,728,985
49,224,011
Yakima
*
Oregon—Portland.
•
—
*
Elmira——
—
Jamestown—,
New York
1,429,137
-1,416,632
1,735,822
1,848,288
6,407,890,186
6,736,532,518
Rochester—
18,407,656
19,970,828
Syracuse
12,647,825
9,819,208
12,802,398
15,584,916
Connecticut—Stamford—
New Jersey—Montclair—
Newark—-
Northern New JerseyTotal (12 cities).
733,183
705,285
39,164,436
+ 23.8
6,773.271
6,737,758
6.4
191,343,000
31,342,965
173,279,000
—
—24.1
24,97Q,9T5
+ 37.9
4,489,000
4,730,226
—14.7
3,181,000
10,192,466
—18.4
3,700,925
8,561,999
2,647,549
—
6.2
246,211,160
217,870,227
+
291,663,020
7,053,945
481,082,482
""
2,923,609
(6 cities)
7,294,277
232,180,000
33,190,015
4,076,030
Twelfth Federal Reserve District—San Franelsea—
17,160,474
'
511,311,473
5,620,000
4,034,269
8,314,389
_
Louisiana—Shreveport—
1,235,340'
York—
York—Albany—
BinghamtonJ
'
29,203,779
Galveston
Total
Totil (12 cities).
9,030,028
217,361,728
•
Dallas——
9,642,807
<
Eleventh Federal Reserve District—DallasTexas—Austin
j
44,082,144
43,443,426
53,323,128
6,634,276,651
7,026,849.322
—
—
—
0.9
1,535,817
1,321,991
6.1
2,119,733
1,527,943
4.9
7,423,840,895
California—Long Beach
7,109,776,139
.7.8
(19,157,666
18,497,243
28.8
11,827,530
—17.9
10,222,135
San Francisco
Jose
Santa Barbara—-—,
10,648,215
9,780,841
—
+
—
3.8
—11.2
,
567,308
39,157,559
'
Stockton
Total
48,913,839
(10 cities)
—
44,748,164
7,361,713,711
(111 cities)
Outside New York
45,916,230
7,700,174,567
93.494.3
3,998,349
3,400,8
103,436,629
0.6
44,277,939
86,196,6
39.572.4
+
11,051,527
9,527,667
323,206,295
10,164,493
3,595,442
8,431,198
+ 13.0
7,535,080
368,172,549
—12.2
339,778.895
7.9
10,391,911
9,107,484
11,033,914
4,225,765
649,227,525
723,849,144
12,695,085,997
6,287,195,811
13,507,941,538
+ 18.7
—
9,129,048*
7,737,2
7.185.7
298,626,0
8,707,0
—14.9
3,717.068
6.5
3.878.8
8,133,539
7,490,8
—
—10.3
625,756,065
„,r
M+
Grand Total
5.6
95,360,608
8.3
—12.4
13,121,833
711,512'
34,959,362
—18.5
—
'3,547,720
143,456,618
8,519,044
Pasadena
San
115,908,530.
1
fNot included in totals.
6,771,409,020
13,618,788,191
6,194,947,296
556,385,
,12,635,133.884
,
i5,525,357;745
Monday, June 20,
FINANCIAL CHRONICLE
&
COMMERCIAL
THE
(2680)
48
PARTIAL
of the Tariff Act of 1930, the Federal Reserve Bank certifies daily
the Treasury the buying rate for cable transfers in the different countries of the world. We
Secretary of
the
to
give below a record for
JUNE
BANK TO TREASURY UNDER TARIFF ACT OF
JUNE
TO
1949
10,
York
Noon Buying Rate for Cable Transfers In New
June 16
June 15
June]4
June 13.
June 11
June 10
1
2416
bonds of 1967—July 1
Cuban Atlantic Sugar Co., 5%
preferred stock
Jun 20
Florida Power Corp., 4.99 % preferred stock
July 1
Froedtert Giain <fc Malting Co., $2.20 preferred stock_Jun 30
Kansas Power & Light Co., 1st mtge. 3'/as, due 1969—July
1
Keyes Fibre Co., 1st mtge. 3V* %
bonds, due 1960—July 1
Mississippi Power Co., 1st mtge. 3Vb% bonds, due 1978_July
1
2527
and
New
^For "reg lflat^~p rodUCts
PnJ
Belgium
notes"account
C<Sidai°Uar~*
—
——
-
Merlco
peso
-
Philippine Islands, peso-.-.
Portugal escudo
1
krona.—
Switzerland
franc
pound
United Kingdom, pound sterling
r
.301166
.020080
.004071*
.003032*
.301678
.122549
'
_
.004671*
.0C3C35*
.201678
123762
3.9S9C66
.201580
4.028789
.658300*f
.588223*1
.561799't
.040328
.471833
.278228
.233629
4.0G7500
4.029023
.568300*t
.588223*t
,561799*t
.531909*t
.531909*t
.040328
.471833
' .278223
.233629
4.007500
:
Closed
Pacific
Norman
1st
bonds, due
2313
2420
2529
2422
2531
231Q
2423
debentures, due
3%
15-yr.
Co.,
Co.—
Service
Public
2532
2532
July 18
1
2425
1
1492
Aug
July
2426
July 15
1962
-
bonds,
Page
CALLED
ISSUE
ENTIRE
2465
—July
1971_:
cue
1
Date
314%
mortgage
2532
2423
Franciscc Terminal—
San
Co.,
1968
Company and Issue—
*
1
-July
preferred stock
1
-July
Appalachian Power Co., 6% debs., series A, due 2024—
..Jun 27
Associated Electric Co., 414% gold bonds, due L953—
Bristol
1st
Leather Co.,
Oak
American
.471833
.278228
,233629
4.007500
4.030000
.658300*t
.688223*t
.561799*t
.531909*t
.278228
.233629
4.007500
4.029643
.658300*t
' .588223*t
.561789*t
.531909*t
2313
Co.—
trust
Crafts
Wisconsin
.497240
.040325
.
Water
mortgage
Van
.376085
3.990090
.201580
.497240
.040328
.471833
.497240
.497240
2207
RR.—
3%% bonds, series A, due 1975
Building, Inc., 3V2% bonds, due 1954
Tide Water Associated Oil Co., $3.75 preferred stock
1st
Textile
.122699
3.990090
.201530
B
4%
collateral
Southc-rn
.004671*
.003032*
.301678
-
series
July 1
Paducah &.Illinois RR., 1st mtge. 4,/a%
bds., due 1355_July 1
Philadelphia Co., 4J/4% collat. trust bonds, due 1961_July 1
Phiilips Petroleum Co., 2a/4% debentures, due 1964
July 15
Pittston Co., collat. trust 15-yr. 4%
bonds, due 1961-_July 1
Pittston Co., 20-yr. 5 % %
income debentures, due 19C4_Juiy
1
Safeway Stores, Inc., 5% preferred stock
Oct
1
,208535
.376128
,37ei28
3.988360
.201530
Closed
,20853a
.004071'
.003032*
.301678
.124217
■
„
.
"xtended bonds of 1955
j
July 1
York State Electric 81 Gas Corp., 4.50% pfd. slock_Jun 30
5%
'301i6£
.020060
.020060
,208535
.376359
.278228
,233629
4.007500
4.099804
.658300't
.586223't
.561799*t
——-
--
Union of South Africa,
.301166
3V<%
Northern
Northeastern
1.000000
.956875
" •'
.497240
.040328
.471833
—
-
dollar
Straits Settlement,
Sweden
-
-
I_"I
krone„„.
.654375
.208535
.376425
3.981:886
.201580
—
pound
Zealand
Norwav
-
------
"guilder
Netherlands
New
rupee.I
Dominion of,
India
1.000000
,95r.500
debenture's
r.;lge.
gen.
London
New
ns440fi
.301166
.020000
.004671*
.003032*
.201678
.121951
-
-
_
.054406
1.000000
.020C60
.208535
—
^Official^^0^01*1311'' ^ranC~
Free
.054406
.952812
.3C1166
-
Czechoslovakia,"koruna
Denmark, krone.,
.02235G;
.054406
.251247*
1.000000
•
94g843
1
I
3-""50
022750
.022375
.054406
Closed
l.COOCOO
Uinciai—----------
rupee
.022750
.200000'
3.211150
.022750
.251247*
3.210150
.022750
-
r*
Brazil, cruzeiro
Cevlon
,.297733'
.200000'
3.210316
.022262
.054406
franc
Foreign "bank
.297733'
.251247*
.002750
3.210983
ucund
Australia
.'
'
.200000*
Coip.—
Sales
Iodine
Jc
income
1st. mortgage
.2j)7733*
.251247*
.200000*
.297733'
.200000'
.251247*
fndustrial products.—-
'
'
.297733'
—
—
regular*'DroductS
"non
For certain
2526
Jun 30
Nitrate
sterling
1st
Value in United State3 Money
Unit
1
mtge. '3 Vt %
gen.
2415
1
,
Connecticut Power Co.—
1930
INCLUSIVE
1949,
15,
Co.—
2416
5%
.
Country and Monetary
and
Chilean
CERTIFIED BY FEDERAL RESERVE
RATES
Power
Maine
bds., series Q. due 1978—July
Chicago & Western Indiana RR.—
1st and ref. mortgage 4 Va % <>onds, ser. D, due 1962_Sep
1st
the week just passed:
EXCHANGE
FOREIGN
Central
Page
Date
1st mtge. leasehold bonds.July
Bryant Park Building, Inc.,
requirements of Section 522
Pursuant to the
REDEMPTION
Company and Issue—
Foreign Exchange Rates
1949
2414
County Water Co.—
Hershey
Grocers
&
7%
Westchester
2415
1
2312
30
2419
-Aug
preferred
25
_Jun
stock—
preferred
Co.,
Service
Public
York
7%
Co.,
Creamery
Kewanee
-July
bonds, series A, due 1956
Corp.,314% debentures, due 1960LJun
314%
mortgage
Consolidated
New
2414
1
•
Lighting Co.—
Uruguay,peso
-
Uruguay, peso
-
.531908*t
Uruguay, peso
-
bds., due 1951-July
-July
preferred stock
8
2532
1
149L
July
1
2321
Virginian Corp., 5%
' :
2106
-July
5
White
'
Uruguay, peso
'K
1
-Aug
1
General
of merchandise.
■V
Statement of Condition of the 12 Federal
United Light
thousands of
dollars)
Increase (+) or de¬
crease
1949
1949
1948
,
'
.
22,617,429
fund
Redemption
F.
for
Discounts
8.
139,257
515
loans
Industrial
V.
270,800
advances
and
Govt,
securities:
994,259
+
49,751
+
12,523
966.540
r
7,961
+
17,786
—
154,775
—
63
—
27,719
—
1,353
—
,
:
Bills
+
23,2G7,932
gold ctf, reserves—
cash
Other
1,751
R.
notes
;Total
43,000
590,503
certificates—
Gold
4,004.443
Certificates
—4,236,188
H 2,649,593
197,692
—
216,500
+
7,046,600
—1,575,700
359,100
Notes
8.050.500
Bonds
151.800
+ 1,873,714
132,992
6.36%
19,460,643
securities—
19,600,415
Due from
foreign banks
other banks
A
summary
Uncollected
Other
9,991
3,025,531
items
Bank premises
+
.+
699,589
32,634
assets
9,428
116,150
r
217
+
69
+
62,871
—
425,113
—
20,585
—
assets
46,304,193
,
558,359"
+
925,245
—
1"
61,916
Liabilities—
notes
67,680
23,270,833
417,996
-
Other
Member
V.
8.
bank—reserve
acct.
—
8,758
333,703
607,140
97".043
468,004
Treasurer
18,605,931
13,959
111,006
acct.
gen.
435,523
+
+
23,397
and
—
Loans to
for
dealers
for
Other
428,026
25,600
—
714
333
-
61
581
obligations
__
600
purchasing or carrying:
obligations
201
—
+
•
loans
20
+
155
Other liab.,
incl. accrued divs.
26.266
+
593,946-
14,193
+
.
343
340.834
261,486
—
4,059
—
6
+
312
1,320
Other
Total
liabilities
45,521,252
-f
552,880
—
1,024,375
+
204,588
Surplus
466.711
Other
(Section 7)
(Section
capital
with
In
13b)
79
+
6,229
+
+
18,522
27,543
accounts
144,099
5,400
+
+
74,379
Ratio
of
+
558,359
—
925,245
certificate re¬
serves, to deposit and F. R.
note
liabilities
combined
Contingent liability
ances
on
+
accept¬
—
17
+
50
50
+
36
20
+
2
233
79
—
+
1,863
Indus¬
trial loans
2,314
—
87
—
—
+
■
273
+
633
deposits adjusted
deposits, except Government
U. S. Government deposits
Interbank demand deposits:
69
15,306
+
677
Portland
banks
701
139
343
—
30
19
_
8,397
1G7
'i19
deposit accounts, except
U.
3.
Govt,
accounts,'
Arundel
•* "l Sinki"S Fufl<s
ernment
securities, and decreases of $214,000,000 in
United States Government deposits and $167,000,000 in
borrowings.
■
l
c°h\merqial, industrial, and agricultural loans de¬
creased $17,000,000 in New York Citv. $11,000,000 in the
San
♦
•
■+,
v.
Francisco District, 'and a total of $61,000,000 at all
Tpportmg member banks. Loans to brokers and dealers
for
purchasing
securities
or
carrying
decreased
United
States
Government
$477,000,000, largely in New York
6-22
7-
1
6-17
7-15
6-20
common
1
7-
7
7-15
7-
6
7-
1
6-24
8-
1
7-
8
f 15c
7-28
7-
4
5c
6-30
6-20
1
6-21
t56V»c
.—
,
7-
25c
9-30
9-
10c
8-15
7-30
40c
9-
1
8-12
$1.50
9-
1
8-12
$1.75
9-
1
8-12
J22%C
8-
1
7-15
8-
1
}30c
Co.
preferred (quar.)-——
preferred (quar.)
Associated Telephone Co., Ltd.—
414%
preferred (quar.)—
5% preferred (quar,).
Co.,
6-15
8-
$1
1st
Finance
1
50c
(initial)
Goods Corp., common (quar.)
(quar.)—
Atlas Thrift Plan, 7% pfd.
7-
$1.25
2nd
.
——
*25c
6-
—
—
3
6-15
17Y2c
2
7-
1
683/4c
—
deduced)
7-
25c
(quar.)
7-
1
6-21
6-30
6-20
20c
12 Vic
(quar.)
3
7-15
6-10
15c
preferred (quar.)_
Manufacturing Co. (quar.)——
514%
1
$1
—
Press
9,
7-
IOC
—
Realty
Stores
Chain
Associated Dry
Auto
6-
6-15
7-
6
—
,
6-21
6-24
Bank of
Bank
"New
Securities
(Philadelphia)
preferred (accum.)
Corp.
6-24
1
6-20
7-
1
6-20
7-
1
6-24
25C
York & Fifth Avenue (quar.).
(N. Y.)
(ouar.)
Ycrktown
of
6
7-
$3.50
(quar.)
7-
5C
Corporation
25c
20c
'
-
7-
1
6-20
—
7-15
$3.50
Barker Bros. Corp., common (quar.)
.
50c
414%
preferred (quar.)..
—-———
56V4C
Bartgis Bros. Co.
(quar.)
5c
Baystate
Corporation
(quar.)—_i—
40c
Eickford's, Inc.
——30c
Bird Machine
Co
10c
Bird & Son, Inc.
!_
25c
Birmingham Electric Co., 4.20% 'pfd. (quar.)
$1.05
participating
6-30
6-30 *
•6-22
■'6-22
7-15
6-30
8-
1.
7-15
7-
1
6-23
6-28
; 6-22
6-28
6-20
7-
1
6-22
40c
60c
7-
1
6-22
7-
1
6-16
20c
7-21
$1
6-30
6-16
11214c
t32',4c
18c
$2.50
7-15
6-20
7-15
6-20
...—
'
ended June 8: A decrease of
$715,000,000 in loans, an in¬
crease of $312,000,000 in
holdings of United States Gov¬
Ltd
Asbestos: Corp.,
6%
6.28*
6
Co.—
(quar.)
Corporation
Associated
7-
—
Ltd. —
Angostura-Wuppermann Corp.
6%
The condition statement of weekly Tepoj-ting member
hanks of.-the Federal Reserve System in leading cities
shows the following principal
changes for the week
Insurance
Anglo-Huronian,
Bankers
4,310
1
10c
gross.
I.e., before deduction of valuation reserves, instead of net as previously
reported. Year-ago figures have been adjusted to a gross basis.
8-15
8
$1.75
Extra
reported
9-10
25c
Processing, 4%
&
Backstay: Welt Co.
are
6-20=
$1.75
'
pfd. (quar.).
Zinc, Lead & Smelting— • ;•
Bancohio
Condition Statement of Member Banks
Fire
National
Yarn
Axelson
individual loan items
6-30
"
$4 preferred (quar.)
Anglo-Canadian Telephone Co.—
4V2 %. preferred (quar.)
20,158
1948,
■—
prior preferred (quar,)——
Hocking Glass Corp., common—!—
$5
7
+
i too
and
466
8-
37V2C
(s-a)*
Co
Foundry—
Cement
&
Car
Quarterly
Amer.
Atlas
Foreign banks
Borrowings
demand
701
9
214
46,295
Time
8-15
12V2C
Corporation
7%
tBeginning June 30,
4,836
make
144
3.1%
purchased for foreign
correspondents
Commitments to
,
2,101
Banks
during week
0.1%
+
106
785
Reserve
Demand
Interbank
54.2%
1.443
Liabilities—.
Debits to
gold
+
470
14
13,293
473
Federal
vault
Domestic
46,364,193
; 203
160
5
7-
6-24
50c
(quar.)
Anchor
60
+
—
25,840
Balances with domestic banks
Capital AccountsCapital paid in
Surplus
;
securities
Reserve
Cash
957
6-16
7-20
7-
-
7%.non-cum preferred (quar.).
Dairies, common (quar.)——
221
—
5,385
Treasury certificates of indebtedness
Treasury notes
U. S. bonds
25c
24
"—
18
6-16
1
25c
Inc.———...
Realty Cc.—
series A preferred
Alpha
319
3,898
banks
1
7-
Alliance
American
11
6-21
7-
—
7c
Manufacturing Corp.
77
83
6-30
40c
(quar.)
(Hartford)
Co.
Fund,
American
4,103
Holder$
20C
Corporation
Insurance
preferred (quar,)—
American Molasses Co. (quar.)
2
When
Payable of Rec.
Share
Company
7%
477
8
421
2,165
+
2,715,474
this week are:
Per
Name of
831
-
given
our
American
83,937
19,520,749
in
The dividends announced
468
34,347
Foreign
Further details and rec¬
"General Corporation
Department" in the week when
Investment News
Alberton
1.510
-
pur¬
securities
estate
-
715
second table in
declared.
American
Government
Other
420
a
previously announced, but
paid.
name
company
Affiliated
agricultural
securities
S.
under the
Ainsworth
carrying:
or
Government
loans
Real
and
brokers
S.
U.
Deposits:
—
13,415
to
Other
Reserve
—
23,09S
.
chasing
Federal
1948
(in millions of dollars)
Investments—total
announced the
dividend payments in many cases are
ord of past
Aetna
June 9,
1949
1949
Loans—grosst
Commercial, industrial,
U.
(+) or
Since
June 1,
June8,
Loans—net
Loans
follow with
we
which have not yet been
Admiral
■'
and
Then
show the dividends
Dec. (—)
>
Loans
week.
we
In the
grouped in two separate tables.
are
20C
member banks follows:
loan3
Total
2465
issue.
this
bring together all the dividends
we
current
of reporting
of the assets and liabilities
Assets—
110,682
first
and
Borrowings decreased $175,000,000 in New York City
and $23,000,000 in Chicago, and increased $30,000,000 in
the New York District outside of New York City.
—1,444,709
49
P. R. Notes of
in
*
,
DIVIDENDS
Dividends
ited to domestic banks increased $139,000,000.
.
—
serial notes, due 1952
Machine Corp., preference stock
♦Announcement
which
■'
and
loans
Total
I
priori preferred stocks.
7%
and
Sewing
the
Chicago District and increased $24,000,000 in the Phila¬
delphia District; the net decrease at all reporting mem¬
ber banks was $69,000,000.
United States Government
deposits decreased in all districts. Demand deposits cred¬
Inc.
securities-
Total U. S. Govt,
and a
deposits adjusted decreased $60,000,000 in
—1,288,581
350,841
—
San Francisco District,
at all reporting member banks.
of $106,000,000
total
Demand
$
$
$
Assets—
in the
$31,000,000
City,
June 16,
June 8,
June 15,
-
(—•) since
k
& nys. uo.—
Rys. Co.
banks decreased $155,000,000.
Holdings of Treasury bills increased $60,000,000. Hold¬
ings of Treasury certificates of indebtedness increased
$121,000,000 in New York City and a total of $160,000,000
at all reporting member banks. Holdings of United States
Government bonds increased $39,000,000 in New York
Reserve Ranks Combined
(In
$11,000,000, and loans
Real estate loans increased
City.
to
2004
due
3ilk Hosiery Mills, Inc., 7%
6%,
t Application depends upon type
♦Nominal rate,
bonds,
mortgage
Peoples Bridge Corp., 1st collat. Lien 5%
Real
Below will be found
list of corporate
bonds, notes,
and common stocks called for redemption,
those called under sinking fund provisions.
preferred
including
a
The date indicates the redemption or last date for mak¬
ing tenders, and the
the
current
the details
volume
were
number gives the location in
(except where indicated) in which
page
given in the "Chronicle."
NOTICES
Company and Issue—
Commonwealth
4 % -4 V2 %
Curtiss-Wright
Pennsylvania
General
due
Corp.,
RR.—
Nov.
1,
common
mortgage 4 % %
Personal
Wharf
Boston
Brantfcrd
Date
Page
1
Co,
Trust
5%
Co.
Co.,
preferred
Budget Finance
—
July
5
2521
July
Co.,
Ltd.,
i_—
com.
(quar.)_
1
2208
Jun 30
2423
(N.
Y.)
common
—
(s-a)._.
(quar.)
(quar.)
,——
Plan Inc., class
-
15c
$1.25
10c
—.
A
(quar.).
Class
B
.
6-30
6-22
7-
.
1
7-
1
6-21
7-
1;.
6-15
l7-
f
6-15
7-15
6-28
6-28
4Y4C
Extra
Extra
.
Trust-;
$1.30 1st preferred (quar.)
Brooklyn
bonds/ .Series "E, due 198^
Property
Cordage
Brown-Durrell
1949
stock—
Co,
Boston Insurance
Boston
.
Broad Street Investing Corp
TENDER
1
Apartments, Inc.
bends,
OF
Herald-Traveler Corp..(quar,)
Boston
"
4quar.)
——
6%, preferred (quar.).,
—_
7-15
314c
7-15
6-28
"114c
7-15
6-28
7-16;
6-28
15c
:
Volume 169
Number 4813
THE
Per
Name of Company
Bush Manufacturing
4'A'/«»
5%
Share
Manufacturing
4 'A %
Camp
preferred
(quar.)
Co.,
7-
50c
common
$1.12ya
(quar.)
1
6-15
7-
1
6-15
C-15
31'Ac
_—
Class
(quar.)
B
6-13
6-37
15c
___
;
(quar.)
Greif
Life
Co.
Canadian Dredge & Dock
Canadian
4 %
Pacific
15c
non-cumulative
Cannon
Shoe
Co.
preferred
Carthage
6%
Mills,
preferred
6%
A
pieferred
Celotex
5%
B
preferred
N.
3.40%
Y.
Euilding
Violeta
Charleston
Chicago
Clinton
Trust
Coca-Cola
$2.50
L_.
(N.
preferred
(N.
Y.)
Ohio
Insurance
7-
1
6-10
Honolulu
1
6-18
7-
:
preferred
Co.
pfd.
6-22
Industrial
1
6-15
Inland
7-
I
6-15
1
6-15
7-15
7-11
7-
8 %
6-25
8-
7-
i
____
Ltd.,
Holdings,
$4.80
8-
1
7-
1
7-
5
8-
1
7-
5
$1.50
7-
1
6-21
7-15
6-20
class
+$3.50
(quar.)
7-15
Isle
7-
$16 tic
_.
6-15
1
Container
common,...
75c
8-19
8-
S-
1
8-19
7-15
7%
Jim
6-30
of
America,
(quar.)
:
Co.
Courtaulds, Ltd.—
American
(N.
*
deposit
$1
(quar.)*_
Y.)
50c
5%
receipts
for
Cooper
Corp..
Corroon
&
Cottrell
(C.
6%
RR.
Reynolds
B.)
&
preferred
Crystal Tissue
De
Bell
5%
fij
&
Detroit
<fc
Detroit
International
Detroit
Stock
Canada
Steel
Dominion
Yard
Co.
Tunnel
Stores,
Duff-Norton
Dun
6:
(quar.)__
4'A%
preferred
Coast
East
Pennsylvania
Co.
$1
preferred
Products
Gas
Y.)
(N.
class
60c
Erwin
A
Factor
Mills
Life
Fashion
Federal
Frocks,
A
9
1
(Toronto)
(N.
Trust
6-20
6-20
Co.
preferred
National
preferred
Public
(N.
Y.)
American
7-
1
6-15
43A%
Merchants
7-
1
6-15
6-30
6-17
Class
Dairies,
convertible
6%.
preferred
1
7-
2
Extra
6-24
6-30
Fuller
Trust
Co.
57"
preferred
General
Genesee
Class
General
$3.50
(s-a)i-i
Brewing,
B
A
preferred
Gillette
Parts
National
6-22
$4.50
Sugars,
preferred
Foods,
Common
$2.25
6-15
National
1
6-15
National
6-30*
Supertest
7-
6-20
1
National
Shirt
7-1
6-20
New
6-14
(quar.)
Transportation
$$1.25
7-
7"
7-
1
6-20
6-22
New
6-30 t
Newbeiry
6-30
6-20
Extra
3%%
6-20*
7-
1
6-17.
1
6-17
North
8-15
7-25*
Northern
8-
7-11*
6-29
6-22
7-
6-17
1
62 V2 c
7-25
7-
25c
6-30
6-20
$1
7-
1
$1.12J/a
7-
1
.
40c;..
7-. 1
1
6-18
,
6-18
.
6-28
Stores—
•
1st
5%
2nd
™b_
1
6-20
6-30
6-15
7-15
6-30
7-15
6-30
6-28
6-21
7-
1
6-20
$1.75
7-
1
6-20
pfd.
(accum.)
Toledo
7-
1
383/iC
7-
Odin
Insurance———
Chemical
fie
Co.
(quar.)
6-
8'
6-
8
6-20
6-1*
12'/2C
6-30
6-15
7-15
6-30
$3.60
$5
RR.
Co.
6-30
Ola
8-
Old Town
9-
2
6-11
7-
1
6-23*
1
8-18
1
6-17
$1.50
7-
1
6-24
25c
10-
3
9-10*
53'/a
6-22
6-22
6-lfr
$1.50
6-22
6-15
7-
8
6-28*
50c
—
—
7-18
Cyclops
Universal
Leaf
1
6-15
1
6-15
Velvet
1
7-20
Walworth
7-15
1
7-15
Weeden
8-<l?
7-15
West
7-
8
6-28
1
7-
1
6-30
West
17'/ac
7-20
6-30
7-15
6-27
20c
6-30
6-11
6-30
6-11
25c
6-30
.
1.
j
6-30
Western
6-30
Western Electric
6-30
6-23
1
6-14
Wheeler
.
6-30
Whitehall
Wico
6-30
$10
7-
1
6-16
30C
7-
1
6-24
Light,
(quar.)
Ltd. (quar.).
Co.
5%
preferred tquar.)
1
6-15-
$1
.
<
6-30
6-2*
7-
1
6-25
7-
1
6-25
6-20
6-15
"$$1.75
7-.2
.
,
$1.12'/a
a—
8-15
,
6-17;
8-
1
$ 40c
7-15
6-30>
$1
—
6-30
6-24
$1.50
7-
1
6-10
50c
9-
9
8-23
6-30
6-15
•'
12'Ac
15c
7-20
6-30
25c
6-30
6-22
$2
6-27
6-22
59c
7-
1
6-15
62'AC
7-
1
6-15
(quar.)
(Thomas) Orchids, Inc.
Younker
Brothers, 1 common
7-
$1.50
Inc
Young
6-24
$1.50
Co._
Fund,
Electric
1
25c
Ltd.—
$6 preferred (quar,) —
(quar.)
Osgood Co., 50c conv. pfd. (quar.) _
6-30
7-20
&
7-1*
7-
7'/ac
—
Electric Instrument
7-15
•
is-a).™-
"
1
1
(
Westmoreland Water,
r7-30
60c
20c
$1.3 J'A
-a-1O
(quar.)—b
7-
$1.25
-1
'
;
(quar.)—
Breweries,
7-15
•
(
7-14
88-
$2
——b
Power
preferred
4 '/a %
Weston
...
6-20'
30c
(quar.)—
preferred
$1
—-
Corp. (quar.)
(quar.)
———
Virginia Pulp <fc Paper Co,—
7-15
(s-a)
Steel
& Company
$1.20
Corp.—
6-27~
7-15
25c
87'/a c
—
'Inc
90c
Carbon Co.
7-
.
Company
Kootcnay
,7%>
7-15
(quar.)
&
6-20
7-15
& Mining-
(reduced >_
Washington Title Insurance Co.—
Common (quar.)
Non-cum. class A preferred tqu?r.)—__—
$2
45c
—
Insurance 1 Co.—
Ribbon
Freeze,
H
CO
$1.25
__—
—n.-1
1
7-15
—
Tobacco
preferred
8%
7-
8-
i
7-
75c
5Cc
7-
i>
30c
6-30
25c
common.u—
6-23
10c
Universal
(Minn.), commcn
Co.,
1
6-10
(s-a)_-_
Electric
6-23
7-
t
—
(reduced)
preferred (quar.)——
United Utilities, Inc.
(s-a^
$1.75
Co.. (interim)
H
$1.06'A
7%
$1.75
preferred—.
&
Smelting, Refining
S.
Common
______
(quar.)
Holding
U.
1
8-
7-12
25c
7-
SI.25
7-12
1
Dye
6-30
933/4C
1
—
Works, Inc.—
$4.25 preferred (quar.)
United Printers & Publishers (quar.;
U. S. Shoe Corporation, common
(s-a)
Piece
6-23
1
1
8-
8-
$1
Quarterly
1
(quar.)——
Oil
(quar.)
United Industrial Bank
B
8-
15c
10c
Circuit, Inc
class A (quar.) —
*———
(Brooklyn, N. Y.) —
& Tool Corp.,
7-
(quar.J„i—1
Ry.
United Drill
$1.03'A
(quar.)
6-15
25c
7bc
(quar.)
7-15
.
S
7-
c
—-—
20c
15c
6-1*
6-20
25c
preferred
(quar.)—__
—
Colony
1
7-20
8c
(quart)—
preferred '(.'quar.)
-l_U'
7-20
10-
$30c
—
(quar;)
preferred
8-15
6*30
—
Texas
preferred
25c
6-15
—--
preferred
Gas
6-24
—
(quar.)
nor.-cum.
5
7-35
Power
preferred
Oklahoma
4%
B
(quar.)
preferred
Service
7-
6-30
50c
(quar.)
1
1
6-17
6-22
$1.75
Y
preferred
Northampton Street Ry
Ohio
6-27
50c
$4.25 preferred A
Northern States Power
$4.80
6-15
6-18
1
7-
9-
Rubber Co. <quar.)_———
Union Metal Mfg. Co., common (quar.)
United
6-30
7-
7-
$1
Union Asbestos
6'/4c
6-15
1
Company—
Extra
*
7-
6-15
$1
6-20
Class
6-17
6^30*
$1.06'A
—
6-30
2
-11——J
7-15
7-15
25c
IOC
8
'
7-15
25c
41/,% convertible preferred
(quar.)
Tri-Continental Corp., $6 prefeired (quar.)_
1
7-20
6-20
25c
Trailmobile
$6
1
1
6-15
—
6-20
6-15
6-24
1
8-
30c
—
6-16
6-30
7
6-15
$2
6-16
25c
7-
7
7-
1
7-
10c
preferred
4!/4%
7-
1
8-
6-30
$1.75
common
Edison,
8-
7
Corp.—
1
6-10
7-
10c
6-30
6-20
6-15
$75c
50C
35C
1
1
$$1.25
prefeired (quar.)
Timely Clothes, Inc. (reduced)—
Title Guaranty Co.
(San Francisco) —
$7.50
preferred
(accum.)
Tobacco & Allied Stocks, Inc. iimg.)™,
2
6-
78-
90c
—;
Public Service Co
6-16
9
6-30
43 tic
4%
8-
6-30
$433ic
Ltd.—
Textiles,
6-30
8
15c
1
1
6-30'
7-
25c
8
7-
8
$75c
(quar.)™
(s-a)
B
Products
Inc.,
6-20
7-
——
6-
9-1
(quar.)
1
5c
7-
1
7-20
(quar.)
2
7-
lquar.)_
6-15
35C
9
15c
8-
Company—
Central
56 tic
1
7%
6-30
^
(Del.)
7%
J.)
Central
5 Va %
quar.)_
(J.
Hudson
5 %
6-30
Co.,
preferred
Niagara
7-
$1
6-15
7-15
—
7-
7-
30c
(quar.)
Turbine, common
preferred
(quar.)
20c
(quar.)
—
Process
1
1
1
1
preferred
8%
$50'ic
(quar.)
Corp._„__
New London Northern
7-
.
7-
7
7-15
Terry Steam
Texas
ccmmon
pfd.
$7
Shops
Jersey Water.
7-4
6-27
Petroleum Corp.,
preferred
$1.50
6-15
6-21
—
15C
of N.
Co.,
Shares
6-15
20c
;
(quar.)+-?--+———
(quar.)_
6-30*
7-15
1
6-25
7-
37'/2C
(quar.)—
pfd.
1st
7-15
7-
Mills, Ltd., class
Investors Corp.
(quar.)
1
.
7%
Fuller,
&
Baer
50c
6-17
7-15
$31'Ac
Stop & Shop, Inc. (que.r.)
Strawbridge & Clothier—
Sunset Oil Co.
(Calif.), $3.60
(quar.)__
Hosiery
7-
87V2C
A (quar.)____
(quar_)^Hi._r_
(increased
preferred
National
15c
Inc., class
.
Inc.
•Graysor.-Robinson
Casket
50c
(quar.)_
Safety Razor Co. (quar.)__
Shale Brick (quar.)
Godchaux
6-20
__™——
Bank
Bronx
7-
20c
Glen-Gery
Gordon
Corporation
7-,l
30c
(quar.)
common
(quar.)_
Stix,
1
6-28-
1
$1.25
Participating
7-
National Fuel Gas Co._.
$2.50
preferred
participating
7%
9
4c
6-2.4
'
6-17
6-
C-23
$1.50
—
1
l
(s-a)_____
1
34:f/aC
—
—
6-29
(quar.)
Co.
7-
1
8-
—
6-20
7-
Gauley Mountain Coal Co
Genuine
75c
6-15
6-22
8-
—.——
6-15
15c
class
Corp.,
6-20
&
$1.183/4
(quar.)
Fcods
1
7-
1
20c
Shake,
6-30
50c
Lbbbs—
preferred
40c
7-
50c
6-22
7-
60c
18%C
B
Works
n
1
15c
Inc. (quar.)™,
Steel Co. of Canada, Ltd., common
Steak
7-
$?0c
class A..__
Class
Investments, Ltd.—
Philip Morris)
Products, com. (reduced)
Wood
6-21
6-27
$53c
—
Stanley
(see
preferred (quar.)
System, Inc
6-21
1
7-
15c
25c
7-20
G-28
5%
6-30-
20c
—
6-20
50c
Munising
6-10
6-30
$1.37'/2
(N. C.)—
6-20
$50c
1
G-20
10c
20c
1
6-20
7-
1
7-
7-15
25c
40c
37'/2 C
1
7-
Mortgage
1
Co.—
1
20c
Nachmen
Reinsurance Corp. Jib—d_
General Shoe,
6-23-
Co.—
1
7-15
7-
Inc.—
8-
Theatre
7-
$3.50
50c
—.—-—*«
7-
Artists
8-11
-
6-20
6-10"
—
Trust,
Holding Corp.,
Sulphur
75c
Gardner Electric Light, common_____
Standard
United
(Philip)
6-23
6-15
Co
Oxygen
Southern
7-
Union
Morris
'
6-30*
1
6-30
6-
Monarch
6-22s
1
6-22
10c
1-
Missouri Poitland Cement—
25c
8-
7-
common—
6-30
6-24
25c
6-30"
75c
(quar.)—
6-15
6-24
$1.50
6-25
1
Co.,
preferred
$7
7-
1
J
1
7-15
Ice
Southern
7-20
9-
(quar.)
6%
6-15
$1.12'/2
(quar.)L_jr____'___r_
1
(quar.)
Southern Fire Insurance Co.
25C
6-30
/
6-21
8-
50c
(quar.
Gas
$1 25
7
50c
1
U2V2C
35c
5%
7
6-15
7-
t$1.75
—1™. — _
$1.12'/i
Mutual
(quar.)
.
$3
Paper
Light
7-
1
6-21
$1.25
Co
preferred (quar.)
preferred A iquar.)_
6%
$1.25
&
7-15
7-
6-20
1
t40c
"(quar.)
(reduced).
Ontario
&
7-
20c
7-
50c
(quar.)
Y.)
Ltd.
$1
44/sC
6-20-
1
(quai.)_.————
pfd. (quar.)_
5% pfd. (quar.)
Mississippi Valley Barge Line Co. (s-a)_™
Power
<quar.)_
1
77-
—_—
of America
California
•3ouchern
6-16
56 tic
Valley Canning,
Co.__:
Y.)
Co
6-30
6-30
'
Minnesota
pfd.
7-
30c
Ltd.—•
35c
quarterly
Minnesota
6-17
30c
$1.25
(accum.)
Telephone Co
Southeastern
Telephone Co. of Illinois—
Minnesota
—
6-20'
quar.)
(increased
Ordinary bearer
(quar.V
Co.
9-20
1
7-11
37'/2c
._r.—
15C
(N.
Galveston-Houston
6-30
30C
York
New
6-20
_________________
Manufacturing
Fulton
of
Shoe
States
Initial
1
6-30
(reduced)__
com.
preferred
1st
$5
6-22
30c
Corp.,
6-20
Transit
Worth
1
7-11
(quar.)_
preferred
1
(interim)___
preferred
7-
7'Ac
(quar.)
„_—
6-17
6-30
Bank
Mid-States
1
Cement—
Investment
Southeastern
3-22
—
1
(quar.)
Company
9-21
12-22
Ltd.—
Co.,
Acceptance
A
Merchants
6-30
7-
Oi'
7-
(quar.)
common
1
$1.25
class A
Company,
convertible
National
receipts
10-
1-2-50
4-1-50
37'Ac
4%
Co.—
Utilities,
6-21
$$1
preferred (quar.)
Mclntyre Porcupine Mines,
6-27
7-
Company
preferred
$2.12
35c
McColl-Frontenac
7-
(quar.)______
deposit
4%
Fort
&
Max
Ford Motor Co. of France—
Formica
Factor
6-20
20c
6-21
1
15c
10-
(quar.)
1
lquar,)__
(N.
$1.75
Light
&
7-
7-
(s-a)
40c
-___
Bank
Power
12V2C
25C
Inc.
$1
3'A%
6-20
Tennessee
6-21
Middle
_
1
Tennessee
6-24*
7
7-
Paper Corp. (quar.)
—
Company, Ltd., common (quar.)_
6-22
RR.
7-
7-15
(N.)
6-10
40c
—
7-
______
Northeastern
6-17
7-15
Refining
&
Corp.
Sheraton
1
12 Vac
Y.)
Slater
7-
(quar.)
iN.
Simplex
6-20
6-20
(quar.)__
com.
Y.)
7-11
1
25c
1
Factor)—
J.),
(N.
1
7-
25c
8
15c
6-25
8-
37VaC
common
7-
$$2
(s-a)
6-30
2ac
5%
(quar.)
Valley
6-20
1
23c
Co.,
Ltd.
Association
Shawmut
87'/ac
(quar.)
lquar.)___
37 Vac
preferred
5%
Massachusetts
1
1
6-17
Moore,
7-
7-
6-30
Inc.—
Co.
7-15
1
7-
22C
.
62 >/2 C
preferred
1
7-
17yac
—
Portland
(Ed.)
75c
Trust
Ltd.,
'1
15c
A
Foremost
Midland
8-
75c
Stevens &
preferred—
&
convertible
$1.20
Marven's,
7-
$40c
C. )__—__
Max
Maxwell
6-20
7-
50c
Class
Florida
Mansfield Tire & Rubber,
Publications,
participating
$1.50
Quarterly
4'A%
Manning
5c
1
First Boston Corp., common
Florida
9-20
Ltd.—
Fidelity-Phenix Fire Insurance Co.
First
9-30
lc
;
Bank
$1.50
MacFadden
5c
pfd.___
(quar.)
Co.
(quar.)
&
Federation
(N.
(see
Inc.
Insurance
Common
Co.
class
5
9
$1.25
(initial)
Insurance
(Max)
76-
8-19
6-15
5c
Forbes
&
9
1
6-12
25c
75c
partic.
Scudder,
.
(quar.)
6-20
20c
Schuster
6-23
6-17
Mills
Flour
Sugar
Savannah
6-23
6-17
7-15
6-15
t25c
—
(quar.)—________
(quar.)_
.'
Clark Fund
Seismograph Service Corp. (reduced
Selected Industries, Inc.—
$5.50 prior preferred (quar.)
Shareholders' Trust of Boston——
6-30
1
6-30
6-15
(see Helena Rubinstein)
Company,
1
6-20
6-17
8%c
(quar.)
(quar.)
Cruz
7-
$1
-
6-17
75c
preferred (quar.)
National Stockyards
7-
25c
7-
3c
(quar.
Louis
7-15
$4.50
Co., common—
preferred (quar.)„_—________
6%
7%
13c
preferred (quar.)
Co.
9-
7-
6-22
Santa
Co
& Electric
Massav/ippi
(quar.)
Products,
preference
Cotton
Excelsior
Wood
MacAndrews
(Seattle)—
(quar.)__
Equitable Credit Corp., 20c
Participating
Equity land, Inc. (quar.)
Erie Flooring &
8-15
25c
(quar.)
;
Co.
9-15
15c
Consolidated
Consolidated
Trust
Co
Mfg.
Lynn Gas
Marine
Quarterly
Elizabethtown
Empire
Clock
Lux
6-30
Inc.—
:
8-12*
1
Sangamo
preferred (quar.)
of Virginia—_____
Lucky Stores, Inc., 5Vzr/c
6-30
6-20
25c
Co.
Insurance
1
7-
1
7-
6-15
—_
40c
(quar.)
Manufacturing
Electrical
convertible
75c
7-15
7-
9-
6-22
_
6-15
20c
(quar.)
Common
1
(quar.)_„
Life
7-25
7-15
1
Longhorn Portland Cement—
7-19
8-15
7-
•_
6-23
6-24
83/4c
(Helena)
Lawrence
7-
(quar.)
8-15
$1.50
6-
$1.50
&
30c
.__
6-15
75c
University
6-17
30c
6-27
$1.20
Inc.—™
Co..
6-27
7-15
7-11
37'/2C
1
20c
(s-a)_
Racing Association,
Common
(quar.)
B
$371/2 c
<quar.)___
6-20
(quar.)__
(quar.)
7
9
2
$1.50
common
9-
7-
1r
St.
1
1
7-
$1.25
(interim)
common
preferred
(quar.)_.
Safeway Stores, Inc., com
5%
preferred (quar.)_
St.
7-
7-15
$2
5%
1
6-30
6-30*
25c
(quar.)—
Berg Fund, Inc
(F. C.)
Company,
Russell
30c
(quar.)
<fe
Frary
Class
A
___.
preferred
6-30
7-
6-20
6-20
25c
._
7-
$1.12 Va
Eastern
Elder
6-20
1
1
2
$60c
(quar.)
77-
t '/2 c
(quar.)___.
Emil)
10c
(quar.),
RR.
6-21
7-
50c
(quar.)
common
Electric
6-28
Class
40c
(s-a)_
7-20
15c
(quar.)—
shares
Corp.,
Rubinstein
Russell
„_—
6-15
6-30
7-20
$1
(quar.)__
„
Antelope Copper Mines—
10c
Clark (quar.) ______—__
Le Roi Company, 4'A% preferred iquar.)___
Lerner Stores Corp., common
(quar.)
4>A%
preferred (quar.)__
6-16
$1.50
(s-a)_
6.30*
Co.
Brothers
Rcthmoor
6-17
7-15
6-15=
Ltd.—
preferred
Paper
American
6-20
6-27
t$2
—
40c
(irreg.)
b__i
(quar.)
East
1
1
1
5c
9-16
7-
Roan
7-
6-30
(quar.)
50c
Co.
(quar.)___
Co.
1
6-10
6-20
7-
20c
common.—
com.
60c
(quar.)___
Co.
Mfg.
Bradstreet,
10-
Richman
6-30
7-1*
$2
:
pfd.
(irrcg.)—
Canada,
redeemable
5%
6-10
$1.50
(quar.)——
Extension
Landers
6-16
$1
Corp
Bridge
Ltd.
1
12 '/2c
V2C
Pocahontas
Rhinelander
75c
(s-a
Reitman's
1
6-30
50c
._
6-20
7-
8-
1
6-20
l'/4C
(quar.)—
preferred
(D.
LaSallc
6-20
____
Ltd.
Liberty Loan Corp., class A
Products—
Furniture
1
6-30
$1.25
(quar.)
Di Giorgio Fruit Corp, $3 pfd.
Dixie Home Stores (quar.)
Drexel
7-
Klein
Co.—
preferred
Union
(quar.)
(quar.)___
Rubber
Denver
pfd.
5%
$1.50
6-23
8-15
8-
Co.—
preferred
$1.25
!
Richardson
Tire
convertible
prelerred
$1.50
50c
(quar.)
(quar.)
Co.,
$1.50
6-20
7-20
8-
20c
$3 pfd.
(N. Y.),_;
Ltd.
common
7-22
1
1
25c
56V4c
common
preferred
6-17
1
$1.50
common
Company,
6-23
7-
6-30
(quar.)__
<quar.)_™
1
7-
15c
Sugar Co.,
preferred
4
$1
6-30
Inc. (Maryland)—
Corp.
Co.,
$1.50
12'/ac
common
7-15
7-15
.___
Coke,
3'A%
Sons
7-
$5
6
50c
$1.75
8-22
$1.62 V2
pfd.
(quar.)_
Malleable Iron
Denman
(quar.)___
Corp...
Sons,
Co.
preferred
Dayton
pfd.
non-cum.
(quar.)_————
Cuban* Atlantic
5%
6%%
Co.,. 5%
6-
6-20
1
—1
—
8%
6-29
6c
Fyle-National Co., common (quar.)
8%
preferred (quar.)—
Rtece Corporation (Mass.), common
5%
preferred
(quar.)—i
Reed Drug Company, common
Class
A
(quar.)—
93%c
(quar.)_
_
Inc.—
(stock dividend)
8-
5%
(Peter)
Copper Range
9
i
Co.,
6-17
7-12
15c
common
Stores,
(E.)
Kirsch
ordinary
1
6-
6-15
$2
distribution
founders shares—
Johfts-Manville,
Kahn's
7-
7-
12yac
(quarJ
(quar.)
common
Preference
5
*•
(final)
pfd.
preferred
Brown
1
6-15
8-
60c
(quar.)
Copper
Bros.,
Procter
Providence
70c
(quar.)™
Ccal,
Non-voting
6-27
Insurance
Royale
.Jenkins
6-20
7-11
Corp.
preferred
Liquidating
t$1.50
____
A
Creek
$6
Pond
s-a)
Telephone Co., $6 pfd.
Management Fund, Inc
Island
8
Co.
6-24
60c
7-
Gao
1
15c
(quar.)
6-20
(quar.)
J.)
Mills
8-
40c
Co._
Gamble
7-14-
1
50c
■——
fit
6-3<V
8-
90c
—
v
Extra
Creek
7-1*
7-15
$1
6-20
I
6-30-
7-29
50c
(quar.)
common
1
7-
7-15
7-15
35c
1
7-
1
8-
$25c
Plymouth Cordage Co.,
Employees' stock
8-
7-13
6-30
8-
8TV2C
Ltd
(quar.)
8
1
1
7-15
50c
Co
Fashion
6-15-
6-23?
$1.25
Co.
6-23)
6-30
6-30
—
(quar.)
(quar.)_:
Lumber
Pilot Full
(Del.)
7-
37Vac
(quar.)
Corp,
preferred
Investors
5
8-
20c
preferred
Bakeries
7-15
(quar.)™
Ltd.
6-14t
6-29
25c
California
Co., .Ltd.,
(quar.)
preferred
25c
6-30
6-14P
6-30
30c
Securities,
Cement
Governor
t$4
Utilities
&
3.60%
7-15
6-30
25c
(quar.)
Electric
&
preferred
Pierce
1
0~i4»
20c
(quar.)
of
Corp.
Morris fit
Philip
6-10
7-25
Holder*
6-30
$1.50
Foundry
Credit
G-20
lc
(reduced)
Corp.
Coal
Gas
Ficktring
8-
&
Fermanente
4%
'
(quar.)
Manufacturing Co.
Brewing
Co
30c
(s-a)
International
(reduced quar.)
4%
Iron
Osborn
6-24
1
When
Payable of Retk,
10c
:
preferred
1
'7-
(quar.)
common
Extra
6%
7-
8-
Ltd.,
1
Consolidated Textile Co., Inc.
Continental
preferred
Inc.,
411
"
6-20
25c
Corp.,
Omar.
50c
America
Co.,
International
55c
6-20
6-30
—
Coal
International
6-20
6-30
$1.25
(interim)
North
of
7-
1
1
(quar.)___
Commerce
6-16
1
15c
$1
common
Fund
6-22
1
6-30
50c
Consolidated Mining & Smelting Co. of Can¬
ada, Ltd. (s-a)
Extra
Co.
Interstate
(quar.)
Corp.,
of
Investors
•
$1.37 ya
(N.
Semi-annual
6-30
'
pfd.
$6
6-20
(increased
Insuranshares Certificates,
"
47'/2c
Tool,
Peoples
6-30
Hawaii,
Chemical
&
Bank
Insurance
50c
Machine
Pennsylvania Salt Mfg. Co.—
3 Va %
preferred A (quar.)
6-23
'
Gas
7-
$1
___
6-23
1
Extra
6-15
Interstate
quar.)
1
7-
(quar.)___
Foundation
1
37Vac
(quar.)
7-
25c
Income
7
Light—
(initial
preferred
Pacific
6-25
6-20
Co.— "
__
5 %
6-30
7-25
preferred
1
50c
(quar.)__
Insurance
6-22
7-15
25c
Refrigerator Co., com.
(quar.)™
Hydro-Electric Securities Corp
$2.25
Co.
(quar.)_™____
Co., 4%
Life
6-30
50c
Hussmann
Interlake
.
20c
25c
Y.)
of
Finance
Intercolonial
Trust
Finance
(quar.)
Baking
preferred
7-
7-
(quar.)
Press,
3 3i%
7-
35c
&
Pacific
6-
1
6-17
2c
;
7-15
Rapid Transit, 5%
25c
-
1
40c
(N.
Co.
Haraart
Household
6-20
7-23
&
Indiana
Mines—
Bank
&
preferred
Consolidated
Home
12Vac
_______
Power
Consolidated
Insurance
6-10
7-
8-
(s-a)
Home
1
—
_________
Lean
preferred
6-10
7-
6-23
50c
common
Co.,
6-30
8-10
Car
(quar.)™—
Corp.,
C
1
Pacific
(quar.)
Dairy
EOc
!
Edison
preferred
$2.20
1
2
6-24*
r_.
convertible
6-30
6-
7-
1
(quar.)
common
preferred
5%
Home
7-15
6-30
Electric—
Quarterly
$1.90
6-20
preferred
c
__
General
Connecticut
Sugar
5%
25c
(quar.)
(quar.)
Connecticut
Development Co.
Holly
$2
(Cincinnati)
Consolidated
National
Commonwealth
Holly
8
C3c
Y.)
(initial)
Commonwealth
8
7-
9-
7-
Co
common
7-
$1.12 ^
(quar.)_
(quar.)
Participating
Kexall
Manufacturing
Higbee Company,
6-10
Pabst
10c
(quar.)
Corp.
7-30
10c
__
Commeicial
6-15
6-24*
<te Co., com. (quar.):
7-
50c
™
(quar.)
common
1
1
i
7-30
50c
(interim)__
A.
lquar.)___
Mills
Columbus fir Southern
New
6-15
85c
S.
Baking Co., common.
participating preferred (quar.)
Columbia
1
Cement
Hettrick
Hern
Columbia
50c
7-
7-
(quar.)
preferred (quar.)—
$1.50
4'/2%.
Co.
A
6-15
871/2
Bottling Corp.
class
1
Corp.—
Co.
Worsted
7-
20c
preferred
Hercules
30c
Co
Products
Paper,
Cleveland
6-24
37',2
(quar.)
Transit
1
25c
common
Sugar Co.,
Molded
Chillicothe
1
(quar.)
preferred
Central
7-
6-20
common
(Walter E.)
4%.
6-21
6-30
(quar.)
25c
(ouar.)
(quar.)
Power
JHeller
A
25c
Hollywood
G%
Rubinstein,
60c
Flouring Mills Co.
Aguirre Sugar Co™
Central
1
7
6-20
(quar.)
Inc.
25c
(reduced quar.)__
com.
Power,
7-
$1
_
(quar.)
preferred
Helena
1
75c
___
(quar.)_
Centennial
Maine
7-
1
$1.50
_
common.....^.
Central
3.50%
7-
8-
9-
6-30
(Pennsylvania)™
Hotel
Industries
5'/a.%
,
Central
Central
2
Ltd.—
<quar.)_
Corporation,
preferred
8-
15c
____
(quar.)
Inc.,
Hayes
Share
9-15
Co._
Harrisburg
6-30
t2%
(s-a).
preference
25c
class A
Products
6-22
2
Class
(quar.)
A
Cooperage,
Grocery Store
6-16
1
7-
Per
Name of Company
7
(quar.)
Co.
7-
Holders
6-
Inc.,
Tanning
6-27
6
15c
common
S1.12V2
Co.,
Griess-Pfleger
—
6-15
:
$5
♦
.
(quar.)™
Capital Administration. Co.,
preferred
+2£c
(quar.)
Railway "Co,
6-16
6-27
15c
;
Steamship
Brothers
(2681)
Payable of Rec.
common
Works,
-—,
Lakes
4,/a%
6-27
When
Share
Engineering
Common
Great
$15c
:
Flooring Co., Ltd., class E_
Canada
Assurance
Lakes
Class B
Canada
$2
Name of Company
Manufacturing Co., Inc.—
Common
$3
Payable of Rec.
28'Ac
(quar.)
preferred
CHRONICLE
Per
Great
preferred
FINANCIAL
Holders
Co.—
convertible
non-cum.
Butler
When
COMMERCIAL .&
•
(increased),
•
-
'(J^*
Below
include divi¬
given in the
Name of Company
Abbott Laboratories,
(initial quar.)
com.
new
Ltd., common—
Power & Paper Co.,
(quar.)
prior preferred (quar.)
Abraham & Straus, Inc
$2.50
A
—
Canton
7-
6-10
2
7-
$25c
2
6-10
6-16
6-29
(Watertown,
Co.
6-16
Art
6-17
Artkraft
1
6-15
Asbestos
Corp.,
1
6-
3
Ashdown
(J.
7-
1
6-
3
6-15
Atlanta Laundries,
Bakeries
6-15
1
6-20
Atlantic
6-20
Atlantic
6-29
5-28
Atlas
'5-28
Atlas
Imperial
6-29
$1.05
7-
1
6-17
37 Vic
7-
1
6-10
$1.06 y4
7-
1
6-10
6-30
6-
7-
6-20
1
1
A
6-20
Automobile
Avery
6%
(reduced)—
Common
class
D
(reduced)———
(reduced)
—
preferred A (s-a)—
4V2% preferred B (s-a)
6-20
6-30
6-
7*
Babbitt
(B.
6-22
6-
6
Babcock
&
American Bosch Corp.,-common
5%
preferred (quar.)
—
Brake
.
dividend
3%%
Cyanamid
1
6-10
Baldwin
8-
Baltimore
20c
7-
1
6-15*
7%
preferred
75c
7-
1
6-15
7%
CO.,
7-
1
7-
1
6-15
6-29
6-15
6-16
75c
25c
7-15
6-20
7-
1
6-16
7-
1
6-
6*
75c
7-
1
6-
6*
American
Express
4%%
$<5
2nd
preferred
—
1
Corp.
preference A
preference
American
T%
-
—
(quar.)
preferred
American
(quar.)
Metal
American
American
$5
Optical
Power
Co.
American
Corp.,
Radiator
American
Reserve
American
Screw
American
Service
6%
$1.20
Stamping
$3
7%
30c
7-
1
6-17
7-
1
6-17
37y2c
7-
1
6-
3
7-
1
6-
3
6-30
6-20
7-
1
6-17
$1.50
7-
1
6-15
7-
8
6-24
7-
1
6-
3
7-
1
6-20
7-
1
$1.75
6-30
6-21
25c
7-
1
6-10
7-
1
6-14*
6-29
6-16
7-
1
6-15
28yec
7-
1
6-15
7-
1
6-15
7-
1
6-
7-
1
6-
9"
7-15
9*
6-30
9-
1
8-22
6-30
6-16
7-
7-15
1
7-
1
6-20
6-27
7-
5
6-15
6-
6-
8
Co.,
25c
6-30
6-17
6%
7-
3
8
1
6
1
6-24
6-10
$7
6-24
6-10
7-
1
6-
2
7-
1
6-
2
35c
6-30
6-17
7-
6-15
(Ind.)—
1
35c
7-
1
6-
3
$1.75
7-
2
6-
6*
$1.25
Co. (quar.)
(s-a)
—
7B 1
$2.25
6-10
7-15
$1.50
6-15
7-
12 Vic
5-31*
7-
$1.75
1
(quar.)
—
6-10
California
6-25
6-11
Camden Fcrge
37 tic
6-25
6-10
$1.50
7-15
6-30
Best
Foods, Inc.
Special
1,
6-10
(quar.)„
12V2c
6-22
6-10
$150
8-
1
7-22
11-
1
10-22
1-31-50
1-21
$1^50
$1.50
—
25c
$1
7-
2
6-10
$1.75
7-
2
6-10
Canadian
7-
1
6-
6-27
5-30
7-
2
5-31
6-30
6-17
15C
—_
Ltd._
7-11
6-24
25c
'6-20
6-10
$$1
'
>7-
8
6-
1
American
Oil
preferred
British-American
British
43/4%
2
5-31
4%
60c
preferred
—
6-10
(quar.)
J15c
6-10
t35c
7- 1
6-30
f25c
6-30
t4334c
6-30
(quar.)
t70c
7- 2
6-
1
(quar.)——————
t30c
7- 2
6-
1
Celanese, Ltd.,
preferred (quar.)
preferred
.6%
common
(quar.)—
Cottons,
preferred
Canadian
7-
1
6-15
Ltd.,
Dredge
common
Dock
&
Co.
(Winnipeg)—
6-15
6-15
6-13
$1
7-30
7-15
4y2.%
6-30
6-15
Canadian
Foreign
SI'Ac
6-30
6-15
Canadian
General
Electric,
6-30
6-15
Canadian .General. Investments, Ltd.—
Canadian Ice Machine Co., Ltd.—
6-28
6-10*
8-
1
1
6-20
7-
1
50c
7-22
Semi-annual
7-12
7-
Class
(quar.)
(quar.)
6-
3
1
6-
3
6-20
7-
1
7-
1
6-20
6-30
6-15
12y2c
6-30
6-20
2IV2C
6-30
6-20
Canadian
Westinghouse
$1.50
6-30
6-25
Canadian
Wirtbound
25c
6-30
6-20
20c
7-
6-17
(quar.)___
A
Mills
B
Co.,
—
7-29
7-15
7-29
7-15
Capwell, Sullivan Si Furth,
25c
7-
1
6-16
7-
1
6-15
6-14
7- 2
6-10
75c
7-
1
6-15
6-30
5-31
7-
1
75c
7-
1
50c
7-1
65c
7-
(quar.)
6%
preferred (quar.)
Cardy Corporation,'Ltd.—
.
(reducccj)
fClass A
Carey,
Baxter
Carolina
&
Power
&
preferred
$5
pfd.
6-17
Carolina
6-17
Carpenter Faper Co.,
6-
Carreras
6-16
8
6-15
1
:
3-
1
8-15
12-
1
11-15
6-30
6-15
$25c
(quar.)
1st pfd.
common
(quar.)
1
Inc.
3%%
Light,
1
6-16
6-
37V2c
(quar.)
„.———
7-
8
37'/2c
6%
Kennedy,
Company,
7-
(quar.)
$1.25
(quar.)
6
6-24
7-1
6-15
8-
50c
:——
6-
'
<•
25c
933'4C '.
(quar.)_
Telephone & Telegraph Co.
7-11
1
7-
6-15
1
7-
$2
1
6-23
'
6-20
7
4%
pfd.
Ltd., ordinary A
1
6-11
7-15
6-25
25c
7-
1
6-23
Carriers
t$1.50
7-
2
6-15
Case
(quar.)
(interim)
: —"
V 1
$1
—12y27<?
7- 5
12'/2%
'..7-5
50c
^7-15
7-20
6-
2
6-
2
Cascades
_
tlOc
Ordinary
Carrier
6-30
6-16
35c
6-30
6-15
50c
6-30
6-10
35c
7-
1
6-15
50c
7-
1
6-15
93%c
(quar.)
7-15
7-
1
t25c
7-
2
6-
7
7-
2
6-
7
Ltd.—
,
10d
lOd
d
7-8
.
6r 2
7- 8
it;
^$1
n
l
t
■
f
i
77-
i
2
2
i'i)
.i
^i..
(quar.)
7%
Co.,
Celanese
17c
Corp.
1st
2nd
preferred
Extra
'Common
voting
v
(quar.)—
Co.—
Extra
prefeired
6-20
6-11
e-.u
7-2
7-;&
6-
2
$$1.75
7- 2
6-
2
6-30
6-17
$1.183/4
7-
1
6-17
$1.75
7-
1
6-17
7- 5
6-15
7-
5
6-15
7-
5
6-15
7-
5
6-15
7-5
6-15
6-
2
<
,
r
(quar.)
30c..
30c
'
30c
__i_
1—
1
60c
.lJ
(quar.)
1
$15c
—
(quar.;
>
77-
$15c
(quar.)—
non-voting
"7- 1
40c
(quar.)
Froducts
6-15
6-17
$1.75
(quar.)
f—
of America, common
preferred
Fibre
7-1
6-29
58%c
—
Common
6%
5c
(quar.)
common
6-30
10c
(quar.)
(quar.)
Ltd.,-common
preferred
$4.75
—
(quar.)
Corp.
Extra
-
■
I.)
Cassidy's.
e-t 2
•
I j-'f;
W.19
—
preferred
Company
W.)
preferred
Central
,/
4%
Plywood Corp.
preferred (quar.)—
(J.
7%
(interim)-
General
&
(J;
3y2%
$1.37y2
B
Corp.,
Carter
___
7-1
—
Capitol Records, Inc.—
$2.60 convertible preferred
37'/2c
'
7-
—
(quar.)
3iy4c
___
———
(quar.)—
common
$1
Ltd.—
8
7-15
$37'/2C
(quar.)
tquar.l—:
6-15
r
Co.,
class
$1.50
Cannon
40c
;
8
7-
6-15
Ltd.—
1
7-
7-
7-22
7-15
$50c
(quar.)—
Lid.
Co.,
Boxes,
(quar.)
7-
75c
5-31
7-22
$$1
$10c
—
Canadian Western Natural Gas
Capital Transit Co.
$0.234375
(quar.)
Ltd.
Lumber.
$1
(quar.)
Electric
Western
6-15
6-17
6-30
i$i
Ltd.—
——
class B
Canadian
1
1
6-28
XZIVzZ
—
—_—:
7-
7-
6-11
7-15
t$2
4
Manufactuiers,
25c
(quar.)__
Co.,
(quar.)
—
Carnation
com.
A
Wallpaoer
a
$1.37 y2
75c
Ltd.,
class
Class
6-22
17- 2
Products—
6-
(quar.)
Tobacco
Silk
25c
(quar.)
$17'/2c
—.—
(reduced)
—
Canadian
6-13
25c
6-15
6-20
6-14
6-23
6-30
1
7- 2
6-11
6-30
$1
7-
t50c
6-11
30c
$2.50
3
7-2
50c
8 7 VaC
6-
6-30
7- 2
class
Co
f20c
Oil Cos., 4% pfd. (quax.)_
$$1
preferred (quar.)——_—I—
$$1.25
8%
prefeired (quar.)
$$2
Canadian Refractories, 4y2% pfd, (quar.)— $$1.12y2
$1.50
1
5-31
6-15
1
7-15
5%
Canadian
—
7-
6-30
6-15
.
t$2
6-15
6-17
;
1
7-15
6-15
8
7-
6-28
1
;
t75c
-7-30
6-28
<quar,)__
1
$$1
(quar.)
Ingersoll-Rand Co., Ltd.
7-
—
5-31
7-
Corp., Ltd.—
Ltd. (quar.)
preferred
6-30
(quar,)_
5-31
1
t20c
15c
Co
l
7-
(quar.)
15c
(quar.)
6-20
7-
.
Canadian
6-24
50c
7-2
flP34C
J25c
common
Indemnity (Winnipeg)
(s-a)
Industries, Ltd., common (quar.)
Canadian
25c
common
Co..
A
1
7-
$1.75
6
1-
$$1.75
7%
6-20
7-
6
10-
J$1.12y2
Products, Ltd.,
(quar.).
preferred
(quar.)_.
A
Canadian
7-
2
,440c
Food
class
Canadian
2
:
Investment
50c
8-
J25c
1
Canadian
6-10
6-10
11-
f25c
Insurance
6-10
-
2-2-50
f25c
:
Fire
6-10
Ltd.—
Co.,
-
Canadian
6-10
preferred
—
convertible
37 Vic
:
•6-10
7-2
7- 2
7-
(quar.)
pfd.
6-10
2
7-
7-11
fl5c
i 10c
$3
(quar.)
7-2
4 7- 2
(quar.)
6-30
..."
6%
7-11
,
preferred
Canadian
6
Co.—
com.
8- 1
8- 1
t31c
•
f5c
7-15
—
registered .(final)
preferred
(quar.)
$30c
(quar.)
5-31
,
$25c
prefeired
6-16
7-1
:
Common
$15c
(s-a)___
\7- 1
t31'/4C
t25c
(quar.)
common.-.
convertible
non-cum
3
431'/4C
t50c
pfd.
(quar.)
—
Participating
,
6-
7- 2
Common
—
(final)
Columbia
Ltd.,
Common
7-
,
6-22
1
-
t$1.25
(quar.):
ncn-cum
r8-
8
t$1.25
5%
Ltd.,
Ltd.
Canners, Ltd., common
1st preferred (quar.).
6-15
Ltd.
Light
preferred
.'
1
$5
convertible preferred
Ordinary
Ordinary
5%
Co.,
(s-a)_^
Canadian
Canada,
Manufacturing Co
Manufacturing Co., common
(quar.)
Bristol-Myers Co., 33/4% preferred (quar.)__
334%
1
2
$2 preferred A
British
6-13*
1
7-
Brillo
7
6-13*
7-
Varnish
t$1.75
(interim)
Brandtjen & Kluge (quar.)
Brazilian Traction," Light &
Power, Ltd.—
6% preferred (quar.)—
Bridgeport Brass Co.—
7-
6-
7-
6-28
Company, Inc.—
Bridgeport Gas
preferred
,
,
-
5%. nonrtum.
6-14
Briggs
6-29
6
t$1.50
$$1.50
quarterly ——„,
Botany Mills, Inc., common (reduced)
5%
preferred
(quar.)—
6% prior preferred (quar.)
6-14
6-14
6-16
1
1
Reduced
7-
6-15
6-17
6-
7-
7-
& Albany RR.,
Storage & Warehouse—
1
1
7-15
G-13
40c
1
7-
6-30
6rl5
50c
Club
(quar.).
Borg-Warner Corp., common (quar.),
3%%
preferred (quar.)__
5%%
6-
6-20
7- 2
t25c
prior preferred (quar.).——
Bohn Aluminum & Brass Corp._
Bon Ami, class A (quar.)—
6-15
1
6 15
1
6-28
50c
preferred
Sons
7-
7-25
50c
pref.
preferred
&
$1.06y4
6-
6-15
1
t$2
$$1.80
50c
Bearing
5-20
6-20
6-20,7-
15c
125c
843/eC
Vz'/o
J.)
6-15
tl5c
25c
Corp.__Corp.
(irreg.)
Mines,
6-15
7-
fl5c
—
common
Machinery Corp., Ltd. (s-a)
Power Corp., Ltd. (quar.)..
Permanent Mortgage Corp. (quar.)Canada Southern Railway (s-a)
———_
Canada Steamship Lines, Ltd.—
6-14
Co
Class B
7-
Canada
6-15
(quar.)
Black, Sivalls & Bryson, Inc.,
Bliss & Laughlin, common.
(H. C.)
6-15
Canada
50c
Tobacco,
6-14
Canada Northern
7*
50c
convertible
6-14
7-
6-10
35C
Birdsboro Steel Foundry & Machine
Black & Decker Mfg. Co. (quar.)
Brothers
7-
7-
6*10
1
(quar.)
Cement
Co.
6-15
6-
1
1
,
Manufacturing
7-30
1
1
7-
(initial)
(quar.)—.
convertible
6-10
8-15
t32'/2c
quar.)
Ltd.—
$1
Co.
6-20
1
7-
(quar.)
Corp.,
6-15
7-
7-
$1
com.
7%
6-15
1
62y2c
62y2c
—
(quar.).—:
preferred
75c
:
1
1*
$4.25
60c
_
conv.
1
7-
Ltd.—
Ginger Ale,
Participating
preferred
Manufacturing
(E.
6-10
5%
(increased quar.)_
preferred (quar.)—
&
7-15
7-
27c
75c
7-
$1.12 y2
Loan, common
(quar.)—
Bingham-Herbrand
Bralorne
7-
Co.—
Steel Corp.,
Roller
Dry
75C
—
com,
Hedges, $2
75c
1
28c
(quar.)——
conv. pfd. (quar.)
(increased
Stone,
Bronze,
Limestone
Bower
Canada
50c
———
(quar.)
—
(irreg.)
preferred (quar.)
Boston
1
Co.,
preferred
Canadian
pref.
common
preferred (quar.)
Benjamin Franklin Hotel
Boston
7-
45c
$4
5
7-20
10c
(quar.)
$6
preferred
5%
Crushed
50c
————
Industrial
Bloch
Canada
Cement
6-15
Beneficial
Bink's
:
Breweries,
Corp.
6-15
8-
7-30
Service
Canadian
new
6-10
1
7-
———
Co„ 5J/2%
6-13
1
1
6-10
Canada
1
6-30
7-
7-
7-
12-13
7-
7-14
75c
62c
(quar.)
50c
Water
Canada
Corp.,
Bibb
3
6-30
34%c
Campbell (A. S.) Company, com. (quar.).__
25c
$2.50 preferred fquar.)
62'/2c
Canada Bread Co., Ltd., common...________
tlOc
4V2,% 1st preferred (quar.)———
J$1.12y2
5%
prefeired B (quar.) ————J62V2c
6-14
9-
6-30
7-14
3-15
6-30
(quur.)
Aviation
Bethlehem
1
7-14
$2.50
$3.50
30C
——
4%
1
6-30
$1.50
.'—__—
$2.50 pfd.
(quar.)
preferred
6-30
Ltd,, 7%
preferred (quar.)_.
Telephone Co. of Canada
Bessemer
7-
40c
(quar.)
_
5%
7-15
75c
1
10-
6-30
7-14
—
5%
6y4,%
—
7-
10c
Development Co.,
7-
$1.25
Railroad Co. (quar.)
Packing Co. (quar.)
BeJding Corticelli, Ltd., common.
7 %
preferred (quar.)
Belgium Glove & Hosiery Co. of
Ltd., common
15c
$2.25
Prichard' Oil
Anglo-Newfoundland
$1
1-2-50
6-30
7-14
(s-a).——
(quar.)
Power,
7-15.
Ltd.,
75c
(s-a)
(quar.):
Angerman Company, Inc.:
Anglo-Chilean Nitrate Corp. (interim)
6-10
8%c
7-14
25c
25c
—
6-20
8%C
6-30
—
6-24
83/4C
8-15
7-30
(s-a)_—
5V2%
1
7-
9-15
—,—-—
5.60%
1
,
53c
Co., class A
preferred
(quar.)
Benson &
Corp.
Electric
8
Creek
$3.25
2nd preferred
Financial
7-
Beech-Nut.
Bendix
non-cum.
I T
7-
7
fractional
participating
cum.
7-
10-
$25c
t$3.50
(quar.)—_•
01:
preferred (quar.)
———
preferred, (quar.)
convertible preferred (quar.)
California Ink Co.. (quar.)
California Packing Corp., common <quar.)__
6-17
.
10-23
6-15
$3
6-17
25c
$5
18%c
_
(quar.)
Lumber
Brach
pfd. (quar.)
7% pfd.
(quar.)—. (reduced)
I
(quar.)
Beaver
Beech
6-27
6-27
7
1
participating——
—_
participating preftrrcd is-a)_
7-15
Co.,
Bros.,
$1.40
1
9c
__
$1
50c
preferred (quar.)
preferred (quar.)
preferred
6-15
Book-of-the-Month
$0.61826
(s-a)
Inc. (quar.)
Copper Mining Co
6%
7-
7
7-
"'
7%
3
8
10-
7-28
Markets, Inc.)
com.
j—
t$1.75
convertible
Ridge
;
com.
California
A
7-
10-28
$1-75
.1——!
—
30c
Diamond
6-20
$1.50-
Inc.,
Foods
3% %
Bohack
6-30
preferred
Products,
C
Class
Optical Co.
prefeired
Blue
50c
Metai,
Post
6-16
6-16
1
1
Baumann
Lomb
Blue
Co.
(quar.)
Woolen
4%
&
8
6-
American. Wringer Co.
Amoskeag Company, common
Bausch
6-10
SugajvRefining Co*—
American
Ludwig
Ltd.,
common
t S1 -75
&
6-17
7-28
+30c
_————
dividend
(s-a)
(Ludwig)
1
6
25c
(accum.)—
(s-a)_
6-20
$1.25
6%
6-
______——
Beneficial
6-22
preferred
Anderson
6-15
6-15
$1.25
(quar.);
Co.,
6%
1
6-30
(quar.)
Tobacco
Anchor
7-
50c
Co.
See
Beatrice
(quar.)_
common
American
Anaconda
6-20
Sanitary
_
Co,
preferred
$4.50
1
6-
American Surety Co. (s-a)
American Telephone & Telegraph
American Thread Co., 5%
Ampco
7-
preferred—
Insurance
preferred
American
$3
6-24
s.
Co.,
Co.,
Stores
6-16*
1
Corp.——.
Co
American States
American
1
1
preferred (quar.)
American
7-
7-
Participating
Ship Building Co., common
7% non-cum. preferred (annual).
Snuff
$1.75
7-
_
American
American
$1
6-17
1
Insurance
7-
6-30
$1.75
Y.)
7-
—
(no
$3 non-cum.
6-30
$1
Manufacturing Co.,
preferred (quar,)
6-30
$1.50
(accum.)
pfd.
(N.
6-10
Class A common
;
6-15
.
common
Co.
(quar.)
BastJan-Blessing Co.
Bates
6-15
6-
._
Corp.—
preference
Baumann
25c
Republics
7%
6-17
25c
common
American
Co.
2
6-30
(quar.)—,
Co.
7-
50c
_
Barber-Ellis of Canada,
8-15
50c
$6 pfd.
5%
Oil
Oil
8-31
10c
Standard
&
Barber
Class A
25c
—
Manhattan
Trust
Bankline
5%
(quar.)
(accum.)
President Lines,
Bankers
6-30
25c
(bi-monthly)
& Light,
the
6-15
6-22
(quar.)—
preferred
Common
2
20c
(quar.)
preferred
of
6-16
7-
25c
:—
1
Co.—
Corp.
6-30
Corp.—
Bangpr Hydro-Electric Co.,
7% preferred (quar.)
4(4%
Byrndun
5-27
30c
(quar.)——_—
7-
J30c
t30c
.
—
Steel
6-16'
t20c
preferred (s-a)—
37'/2c
(quar.)
5% preferred
4%
6-20
7%
U5c
pfd. .(quar.)—
common
1
Buildings Co.—
H.)
(P.
6-10
6-
7t
$1.50
shares)—
(quar.)___
(quar.)
6-20
J30c
Butterfly Hosiery Co.,
5
(quar.)_—
(quar.)
1
2
6r20
6-30
25c
75c
(participating)
7%"preferred
Butler
5
(quar.)
preferred
(quar.)
Bangor & Aroostook RR. Co.—
50c
$1.12 y2
_
preferred
American
1
(Chicago)
;
Company
6-20
Bush Terminal
$1
Porcelain
Extra
Co.
6-14
1
Inc.
Co
Company,
preferred
$1.25
97»/2C
Co
Insurance
1
7-
BB'AC
4M?%
$1.75
Products
Motorists
News
7-
&
Quarterly
American
6-15
35c
common
preferred
American
1
7-15
3iy4c
—
Foundry Co.
(quar.)
American Metal Co., Ltd.
4V2 % preferred
(quar.)
3.90%
7-
3iy4c
Co.,
7-
Common
(quar.)
American Machine
6-15
35c
(quar.)
(quar.)
Locomotive
6-15
1
10c
(monthly)
Frodncts
preference
1
7-
EOc
American Home
conv.
7-
$1.50
Co., common.—.:
American International Corp.
(resumed)
American Investment Co. of Illinois—
5%
15c
$1,183/4
(quar.)
6-22
7%
Bell
pfd.
4 Vi %
6-15
25c
(quar.)
American Hard Rubber Co., 7%
American Hardware (quar.)
$1.25
6-15
1
Co.—
(quar.)
Hair & Felt
6-15
1
7-
$1.50
Inc
& Electric
1
7-
•tuC
(quar.)
6% preferred
preferred
American
—
Co,
American Felt. Co.,
American Fruit Growers,
7-
15c
87y2c
(quar.)—
common
(quar.)
European Securities
7-15
SI
—
7-
7-
90c
$40c
..
Ltd. ,(quar.),_„—__
(quar.)
preferred
$1.12 y2
—
B
Mills
1
$1.50
preferred
American
American Gas
Paper
Beatty
American Crystal Sugar Co., com. (quar.)
4'/a % prior preferred
(quar.) —
Class
(Hartford)
4%
B.
Inc.
Wilcox
7-
5%
—
___
American Cigarette & Cigar Co.—
6% preferred (quar.)—.
American
T.),
9-
25c
Shoe, common-.,
,4
4%
convertible preferred (quar.)
American Can Co.,- 7% preferred (quar.)_„
American Cast Iron Pipe Co., 6% pfd.
(s-a)
American Casualty Co. (Reading, Pa,) —
Stock
Fund
$25c
$2.25
—
—
6-18
7-
Ayshlre Collieries Corp. (quar.)——,
B/G Foods, Inc., class A (initial quar.)
1
$2.25
%
1
7-
6-14
1
7-
15c
C
7-
1
6-15
7-
7-20
Products,
6-10
(quar.)—
1
Houghton
15c
(reduced)
class
pref.
B
8-
Houghton Fund, Inc.__,
Bank
class
A
Class
8-
Axe
40c
—
Class
$1
Axe
6-10
1
pref.
6-17
93 %c
6-10
1
7-
preferred (s-a)
Ltd.—
(participating)
Co.,
A
6-10
.«
6-15
7-
d$1.75
Corp., 6%
&
6-30
—___
6-20
1
—-—
(Name changed to Thorofare
6-22
50c
Common
American
Allied
Co.,
$3
45c
25c
Burnham
10c
Co.
Steel
6-30
Products
Insurance
7-
(reduced)——,v.—
Company
Class
(quar.)_
Avon
$1.25
9
Co.—
(B. F.) & Sons, common
preferred (quar.)—
6-30
$1.25
d40c
Bulova Watch Co., Inc., (quar.)
5-10
40c
of Del.
6-17
———
Bullard
6-10
Ltd., class A (quar.)
Co.
7-15
6-30
•'
Building Products/Ltd
1
30c
(quar.)
7-30
0-30
common—
$1.25
<s-a)_
Co.—
(quar.)
62y2c
1st pfd.
81
90c
6-17
50c
6-10
7-
6-17
1
93%c
.
6-10
6-
1
7-
-
6-15
6-33
6-17
7-
—
6-30
1
1
(quar.)
(quar.)
Co.,
7-15
20c
preferred (quar.)
—-—-——
Buffalo Niagara Electric, 3.60% pfd. (quar.),
6-22
"
6-11
1
>
7%'
6-30
(quar.)
Alarm
Steel
6-14
67o
Common,
B
Inc., $2.50
preferred
Automatic
6-14
3
Bucyrus-Erie
•
Burns
(quar.)
(quar.)
Diesel Engine
Automatic Fire
1
1
preferred
1
8-
7-
coinmon___
7-
50c
7 Vic
B
7-
7-
prefeired
tlOc
A
Class
$5
6-17
12'/ic
4
6-30
10c
(quar.)__
common
Company,
$1.74
Co.
Fabrics Products,
6-28
American Bemberg Corp.—
class
Series
Auto
Badger
—
6-17
Corporation
35c
(increased quar.)
1
1
_
(accum.)
preferred A (quar.)——
preffcired B (quar.)_;—;
0-15
933/4C
(quar.)
6-17
7-
6-30
7-15
7-
(quar.)__
Brunswick-Balke-Collender
$2.03
conv.
3.75%
1
10-
40c
Y.) (quar.)
1
(accum.)
Investment
75c
American Bank Note, common—
Common
preferred
40c
Co
7-
j30c
Greyhound Corp., 4% pfd.
Realty, $6 preferred (s-a)
Refining Co.—
1
7-
25C
6-15
Co.—
Atlantic
7-
2'/2C
$1.12 V2
7-15
33/4%
6-15..
—
(quar.)
Telegraph
City Electric
75c
$3
6-30
L.)
Burlington
Atlantic
Ltd.—
(N.
(quar.)
$1.50
(extra)
(quar.)
American Alliance Insurance
preferred
1st
Co.
&
preferred
7-25
50c
(E.
7-
Distillers,
'
(quar.)_
:
Co., $3.60 preferred
Shoe
Bruce
J15c
Telephone
6-20
$4
Brown
(quar.)
1st
Associates
$4
6-15
6-15
25c
preferred
(quar.)
Ltd.
6-25
6-30
1
1
59 Vic
1
f$1.50
$$1.50
•
$4 preferred
6-15
7-
—
8-
t40c
(quar.)s—
preferred
Junior
7-
25c
conv.
4%
20c
(quar.)-,
Holdere
Payable of Rec.
$15c
(s-a)
Ltd., class A—
(quar.)
2nd preferred
Brown-Formar.
9-15
G-30
Power,
preferred
1st
6%
6%
6-15
1
When
Share
Products, Ltd.
British Columbia Telephone Co.—
H.) Hardware, Ltd.—
7-15
j
1
15c
„—_
6-30
50c
preferred (quar.)
Aluminum Goods Mfg. Co
_
Amalgamated Leather, 6% preferred (quar.)
Amalgamated Sugar
American Aggregates, 5% pfd. (quar.)
American Agricultural Chemical Co. (quar.)_
6%
A
7%
6-23
„
$1.75
preferred (quar.)_.—Corp. (quar.)—".
6%
7-
Class
6-30
7-
.___
preferred
4'/2%
Company
Columbia
British
$1.50
(quar.)
(quar.)-
Construction
Mfg.,
7-
4%
4%
American
Metal
6-23
10-
(quar.)
—______
:
37 Vic
62 %C
Valley Electric Ry.
of Canada,
Co.
Corp.,
Constable
Arnold
6-15
9
6-30
Aluminum Co. of America
preferred
pfd.
convertible
6-30
25c
common.;—
3%
Gas
B
434%
7-
$2.50
Altoona
$3.75
Class
6-10
6-30
$1.25
—
Armstrong Rubber, class A__——.—
8-3/4C
(quar.)—
A
(quar.)
Light Co., $7 pfd.
Weftern
Steel
6-30
$1.25
Gas,
15c
Laboratories, Inc.
(quar.)
Products Corp. (quar.)
Aluminum
Arkansas
6-20
$3
(quar.)
75c
(s-a)
Logan
7-15
Associated
class A
& Youngstown RR. Co.—
Inc.,
7-25
Natural
preferred
50c
Allied Stores Corp., common (quar.)
Allis-Chalraers Mfg., common (quar.)
&
Arkansas Power &
1
$6
$2.50 conv. preferred (quar.)
Allied Chemical & Dye (quar.)—
Allied International Investing Corp.
Allied
1
6-
62 %C
—
ordinary_____
6%
participating preferred—
Alabama Power Co., 4.20% preferred (quar.)
Alden's, Inc., common (quar.)
414%
preferred (quar.)
Alleghany-Ludlum Steel Corp., com, (quar.)
Allegheny & Western Ry., guaranteed (3-a)_
.Allen Electric & Equipment Co. (quar.)
Allied
6-
1
—
Alabama Great Southern RR.,
AJlianceware,
1
7-
$1.25
class
preferred
Arkansas
7-
$6
1
$1
(quar.)
preferred
5c
(quar.)—
Products,
5%
1
Inc.—
preferred (quar.)
Agricultural
Insurance
Akron
8
6-
5c
$3
Air
6-
1
25c
(quar.)
Gas Equipment,
Common (reduced)
Affiliated
Bearing,
Edison
1
$5
7-
10c
.
(s-a)-—
Co., $5 preferred
7-
—
Securities (s-a)
---■
Aerovox Corp., 0% conv. preferred (quar.)
Aetna Casualty & Surety Co. (quar.)
Aetna Life Insurance Co. (quar.)
Aetna-Standard Engineering Co.—
Y.)
preferred
Arizona
Per
Name of
Mills
7-
50c
Aeronautical
N.
6%
Holders
Payable of Rec.
$1.75
—
Corp
5c
1
When
1949
Monday, June 20,
British Columbia Forest
(quar.)
$25c
$$1.15
Adams Express Co.
(irreg.)—
Adams (J. D.) Mfg. Co.
(quar.)_,
Addretsograph-Muitigraph Corp. (quar.)
AJilberg
8
Common
Armco
(quar.)
partic. pref.
preferred
6-
1
$1.25
Participating
5%
7-
Refineries, Ltd.—
Acadia-Atlantic Sugar
Class
40c
Arts
Cotton
Arcade
$62 Vic
<-
—
preferred
Payable of Ree.
$37Vfec
Extra
$1.50
Holdere
When
Per
Share
CHRONICLE
Share
Name of Company
Apex Electrical Mfg. Co.—
7% prior preferred (quar.)
Applied
preceding table.
FINANCIAL
&
Per
give the dividends announced in previous
we
weeks and not yet paid. The list does not
dends announced this week, these being
Abitibi
COMMERCIAL
THE
(2682)
50
30c
37y2c
'
.
.
Volume
169
THE
Number 4813
Holders
When
Per
COMMERCIAL
of Company
Snare
1
Brewing
Co.
(quar.)
(Central Illinois Electric &~Gas., com.
(quar.)
PayuOle o) nee.
10c
$1
32%c
Central
Hanover
4 10%
*
Illinois
Public
Works
Co.
Central
States
6-10
6-30
6-18
6-20
6-15
7-15
6-30
7-
8-31
7-29
43%c
6-30
6-15
$1
37%c
»qu_r.i~-
6-30
6-15
Cosden
37 %c
6-30
6-15
25c
75c
6-14
6-
6-20
6-10
$1.04
7- 1
6-
6-27
6-20
West
Corp.
Electric
15c
6-20
6-20
6-10
7-
1
6-15
7-
1
6-13
7- 1
7- 8
6-15
(quar.)__
6%
preterred
B
(accum.).,—
pielerred
C
(accuih.V-——
Steel
(accum.i
Wire
&
Co.,
—-
<quar.)_
common
6%
preierred (quar.)_„_
____
.Central Vermont Public Service—
4T5%
preferred
Century
Shares
1
Extra
-
4%%
,
(quar.)____ 1
.•_■
Trust_
Products,"
Certain-Teed
(quar.)_—
common
—1
preierred
prior
$1.12%
(quar.)
Champion Paper &i Fibre CO.
$4.50 preferred (quar.)_
$1.12V2
,
Chapman Valve
Chatco
Steel
(quar.)____
Mfg.
Chemical Bank & Trust
Cherokee Textile
Cheiry
Rivet
1_
___'
Ltd
Co.,
Co.
(N.' tf.)
Common
"
_
2%c
■
Extra 1
.
Chicago, Rock Island
(quar.)
Co.,
_'
Pacific
&
Gas
5%
pfd.
&
Co.
Products
of
5%%
(stock
Common
(stock
5%
preferred
Builders
Electric
preferred
Ccal
Clinton Industries
Cluett,
4%
-
7%
-
8- 1
Corp.,
6-
8-15
1
8
1
6-17
6-20
5-27
7-1
7-
7- 1
6-17
6-30
6-10
6-30
6-15
6-30
Class
A
6-15
7-1
6-15
7- 1
7-
1
6-20
6-13
i.
20c
7-
1
6-16
6-25
6-17
7-
$1.75
6-10
7-1
50c
$1
6-
6-30
6-17
1
6-10
25c
7-20
7-
$1
<quar.)_
6-30
7-1
6-15
9
$1.50
Corp.,
7-
1
6-15
$7.50
common
7-
1
6-15
7-
1
6-15
$3
5%
7-10
7-
1
D-
62%c
120c
8-
1
1
Colonial
I
$6
Ice
Colorado
Fuel
Columbia
..
t>.
Co.,
preferred
3.60%
Iron
&
Credit
6-20
1
6-20
25c
Shearing
Solvents
Stamping.
6-20
6
6-30
6-
9
6-30
6-
9
6-25
6-10
25c
37%c
Commonwealth
&
Commonwealth
&
Water
Connecticut
Connohio,
Ltd.
Light
&
40c
preferred
Dry
$5
—
Goods
Co.
of
4 V2%
4%
Co.
Co.
of
preferred
preferred
Light
Consolidated
Trust
Lithograph Mfg.
Faper
Co.
Faper
Corp.,
Consolidated
Retail
Ltd.
Consumers
Power
common
(Toronto)
(quar.)
$4.52
preferred
$5.50
Baking Co.,
Can
(Chicago;
5%
(quar.)
common
Stores
Steel
Industries—
Continental
57c
Foundry
&
Machine
convertible preferred
Continental
4%%
Gin,
prefeired
common
Co.,
(quar.)
(quar.)
(quar.)___
—_—
—
Controller
(Texas),
Natural
Gas
Paso
pfd.
$4.50
$1
Davis
6-20
6-20
6-10
$1.12%
7-
1
6-10
30C
6-30
6-14
7-
1
6-14
7-11
6-24
$1.25
7-
6-22
$1.50
6-30
&
Pinna
Coke
(A.)
Debenture
&
Co.
Company,
Records,
&
Delaware
Dennison
Hudson
&
6%
Mlg.
Stockholders
of
N.
at
Class
B
plan
Diamond
T
District
Walt
Theatres
Dominion
.
7%
to
Corp.
(quar,)
7-
1
6-20
10-
1
9-20
6-30
6-17
&
Lcmason
&
2nd
A
6-25
6-15
$3.50
preferred
6-
30c
7- 1
6-15
Dunhill International,
7-1
6-15
Dunlop
7- 2
6-15
Rubber
for
Co.,
Inc.
6-17*
Duquesne
6-17*
Duriron
7- 1
6-30
6-10
40c
$1.25
7- 1
7- 1
6-17
4%%
6-17
6%
50c
7- 1
6-15
$1.13
7- 1
6-15
Duval
East
Light
7- 5
8-15
11-15
7- 1
7- 1
11-10
9-1
8-9
3-1-50
2-6-50
6-27
6-11
6-20
8-10
6-20
6-20
Gas
Oil
Fehi
(Frank)
Felt
(John
Feltman
5%
prior
&
States
deposit
preferred B
$7
Increased
7-
1
6-11
7-
3
6-11
6-10
6-30
6-15
7-
1
10-
1
6-15
9-15
6-
6-24
6
50c
—
8-
1
7-15
50c
(quar.)___—_
11-
1
10-15
75c
Canada
6-25
6-15
15c
6-30
6-10
7-
6-23
$1.50
1
(s-a)
8-16
8-11
$1
6-21
5-27
Inc.—
$1.06%
75c
6%
Co.,
pfd.
7-19
7-29
Shoe
York
•Fittings,
7-19
1
6-14
1
6-14
7-
1
6-15
6-28
6-15
35C
6-23
6-13
3c
—
——
Co.—
Stores
7-
(N.
1
3
6-
1
6-25
6-10
6-21
Y.)—
—
6
7-
1
6-17
7-
1
6-
$1
77-
3
6-
1
3
6-
1
$30c
(s-a)
(s-a)
6-
$2
75c
(quar.
preferred
$2
Ltd. class A
6-
6-22
25c
^
Inc
Stores,
1
6-25
40c
Building
6-
36C
$20C
62 %C
*—
of
Corp.,
7-29
7-
$1.50
(s-a)_
(quar.)
Co.
Corp
National
6
'
j.
Fitzsimmons
Florida
6-17
7-29
7-17
Class
Stores, Ltd.—
preferred (quar.)__
Florsheim
8-31
8-17
7-29
6-30
6%
1st
6%
1st preferred
1st
6%
preferred (quar.)
Corp. (increased
Power
Shoe
B
Co.,
79-
1
$1.50
12-
1
30c
(quar.)
—
7-
1
7-
8-20 '
11-20
6-20
25c
12 %c
12%c
1
quar.)
(quar.)—
class A
5-20
1
$1.50
$1.50
(quar.)
6•
3
6-16
6-16
Follansbee Steel Corp. (reduced)Food Machinery & Chemical Corp
25c
6-30
6-17
25c
6-30
6-15
75c
7-
&
Wallace, class A (quar.)
8-1
7-2
7-2
6-1
7-2
7-15
6-3
6-15
Foster-Wheeler
7-
1
6-10
6-29
6-17
9- 1
8-15
1
11-15
7-15
7- 1
7- 1
7- 1
6-20
12-
7-15
7-15
7- 1
7- 1
7- 1
7- 1
prior
Fraser
7-25
7- 1
7- 1
7- 8
6-15
6-15
7- 1
6-28
6-16
6-17
.
7-11
5-20
3%
7-11
5-20
Ltd.—
6-15
7-18
$1.25
(quar.)
6-30
7-30
7-15
6-15
7-
6-15
6-30
7- 2
25c
•
_i; $1.12%
J
(accum.)___
1
6-10
6-15
$2.20
non-cum.
6-20
6-15
7-
1
6-15
37 %C
7-
1
6-10
37 %C
10-
1
25c
Co.,
7-22
6-30
150c
7-25
6-30
1
6-10
7-29
7-15
$$1.19
(R.
20c
7-29
7-15
7-29
7-15
$1.50
7-
1
6-
7%C
7-
1
6-20
6-30
6-17
1
6-15
10%
55c
(s-a)
Inc.—
Galr '(Robert)
—
& Co.
(quar.)—
(quar.)
15c
•
Company—
preferred
56 %c
(quar.)_
6%
preferred
6%
preferred
30c
(quar.)
(quar.)
Company, Inc.—
B convertible preferred
(quar.)— _
& Company, common (quar.)
preferred (quar.)—*.
;—>
5%%
preferred (quar.)
Garlock Packing Co. (quar.)_.
Garrett Corporation
(quar.)
Gary (Theodore) & Company—
$1.60 1st preferred (accum.)
(J.)
conv.
Gatineau
Power
Co.,
preferred (quar.)
5%%
preferred (quar.)
Gemmer Manufacturing Co.,
$4.50
American
preferred
6-15
6-15
6-3
Common
6-3
$4.25
American
Investors,
37 %c
12-20
7-
12-
1
6-15
1
6-15
6-30
28yflC
6-30
6-15
34%C
6-30
6-15
25c
6-30
6-17
25c
6-20
6
20c
7-
1
6-10
3
-8
class A
common
130c
7-
1
6-
1
7-
1
6-
1
$$1.38
(quar.)
(quar.)
7-
1
6-
I
75c
7-
1
6-21
10c
7-*'l
$1.12%
6-17
6-17
7-1
*
Transportation—
A
75c
(quar.)
preferred
$1.50-
8-19
9-10
$$1.25
common
5%
1
7-
Co.
30c
Garfinckel
3
Company,
A.)
E.)
conv.
General
7-
Inc.—
(quar.)
&
(George
Class
ft-i«
t35c
——
—
convertible preferred
7- 1
7-
$1.75
$1.50
1
1
—
preferred
B.)
(D.
4%%
77-
the Loom, Inc.—•
7- 1
7- 1
$1.50
Malting
&
dividend
preferred
Fruit of
Fuller
$1.50
common
(quar.)
Stock
General
'
Grain
Common
6-24
1
37 %C
(quar.)
(quar,)
Ltd., common—
(quar.)
I
preferred
Froedtert
$3
7- 8
Corp.,
class
preferred
preferred
Companies,
4% %
Fuller
7-25
Co.,
(quar.)
0%
prior
(quar.«
Foundation Co. of Canada, Ltd.
6%
6-20
6-15
Kleiser
&
Foster
5-28
12%
—
1st pfd.
A pfd.
Foreign Light & Power, 6%
U%C
(accum.)
9-10
1
(quar.)
of Pennsylvania
Finance Co.
4%%
(quar.)
A
6-10
1
6-25
(s-a)_
First
6-28
25c
pfd.
1
(Syra¬
(quar.)
Broadway
re¬
< accum.)
Corp.
6-
7-
37 %c
Company
Curme
Fifty
25c
(quar.)_
6-30'
10-
$2.50
Canada, Ltd.—
Fidelity Fund, Inc. (increased quar.)
6-30
Associates—-
preferred
6-15
6-10
50c
&
preferred
7-15
25c
(quar.)
Co., Ltd
preferred
1
1
t25c
(quar.)
Mfg.
6-10
t62%c
Co.
7-
56 %C
Stores,
Brewing
J.)
Tarrant
&
6-18
7-
25c
of
11-15
7-15
$2.50
Co.
Publications
'6-30
6-30
6-10
6-28
75c
(quar.)
Fuel
&
7
Extra
Gannett
pfd.
8
10-
(quar.)_$< 1.185625
$' 1.185625
30c
(quar.)^
(quar.)
preferred
7-15
7-15
7- 2
7-15
$1.12%
1st
7-
1
7-
4'/4%
Federated
Froducts
6-30
1
m
Fibre
7-30
1
8-
25c
(irreg.)—
Department
6-^13
6-10
6-10
6-10
6-20
12-
11-
pfd.
___:
Co.
3
65c
(quar.)
common
Insurance
Enamel
7- 1
6-25
7- 1
6-20
6-24
6-30
8-15
|26c
Mining & Smelting Co
Ccmmon
,9-1
6-
—
Fire
Federated
5-31
J25C
Shops, Inc. tquar.) _______—
Chemical, 6% preferred (quar.)__^
6-24
1
1
$25c
Inc
(qunr.)_
Rubber
6-15
$1.75
Goods Co.,
5%
Co.,
Inc.,
6-20
77-
$1.25
Bake
7-15
$1.12%
87%c
(s-a)
Suiphur
Texas
Eastern
Park,
Ccmmon
6%
(s-a)
Company
Lcduc
Eastern
$6
Rubber
Corporation
6-15*
Fashion
Co.,
6-20
1
6-20
15c
Farrel-Birmingham
Funsten
—
Amer.
Y.)
(Syracuse, N.
6-30
7-
$1.25
—_
cuse, N. Y.), common
Common (quar.)
6-30
25c
1
preference
common
A
Co.
6-30
7-15
7-30
10c
Federal
Co.—
(annual)
ordinary
Tire &
Co.,
:
50C
(s-a)
Farmers & Traders Life Insurance Co4
Federal
50c
(quar.)—
—
Ltd.
(quar.)___
Players Canadian Corp., Ltd
Fanny Farmer Candy Shops (quar.)
7- 1
8IV4C
$1.75
Bradsireet, Inc.
preferred fquar.)_
7-18
40C
Famous
Faultless
40c
Co., common
prefeired (quar.)
t50c
125c
$1
Family Finance Corp., common
4'% % preferred A (quar.)
Federal
125c
(quar.)
&
6-20
$50c
preferred
20c
Brewing Corp., 4%%
preferred (quar.)
7-25
$1
Nemours
1
(quar.)_
Corp., common
115c
1$1.75
(quar.)
(increased)
preferred
de
7-
Semi-annual
7-25
Laboratories—
B)
I.)
class A
Insurance
Falstaff
6-10
125c
Power
1
Excelsior
8-15
25c
(quar.)
(Alan
(E.
6-15
$1.65
Forbes
(quar.)
7- 1
7-25
6-15
1
.
8- 1
6-20
$1
preferred
1st
■>
140c
Ltd
Ltd.—
Co.,
preferred
$4.50
Duplan
3-15
6-15
6-30
7-
(quar.)
$5 preferred A (quar.)
——.—
Esmond Mills, Ltd., 5%
pfd. (quar.)
6%
prefer led
(quar.)
—
Estabrooks (T. H.) Co., Ltd.—
4.16% preferred (quar.)
Eversharp, Inc., 5% preferred (quar.)
Ex-Cell-O Corporation
(quar.)
.
1
$1.75
(quar.)
preferred
25c
;
(quar.)
6-15
6-15
25c
115c
common
6-25
6-10
Railroad
tl2%c
J44c
135c
125c
preferred (quar.)
7% preferred (quar.)
convertible
1
preferred
$5
6-28*
7-
25c
(quar.)
common
(s-a)
Mfg.,
First
Co.__
25c
Mont
7-
6-30
6-30
117%c
(quar.)
6-15
6-30
6-15
5-27
6-10
6-10
7-1
6-20
50c
(quar.)
6-15
30c
Erie
Co,,
6-28*
7-15
50c
(quar.)
7-15
60c
125c
Corporation, 4%
Dunlop
4%
6- 9
17%c
Drug Co.,
Draper Corp.
6-10
6-15
6-23
115c
preferred A
7- 1
7- 1
10c
Quarterly
ceipts
6-16
—
(quar.)
class
6-13
(s-a)
Equity Corporation,
135c
Co. Ltd., com.
(quar.)__
Mudge, Ltd.—
1
Heating Products, Ltd
Ferro
!___
Textile
Dow Chemical Co.,
&
6-21
•
25c
Industries
4%%
7- 2
6-30
25c
62%c
(monthly)
Linoleum
&
6-13
7-
70c
preferred
Mfg.
Johnson
25c
10c
Dun
6-23
Brass
Endicott
6-20
15c
6-20
9-
1
7- 1
25c
(quar.)
1
7%
7-
75c
75c
(quar.)
Disney Productions)
Corp
7-
Duke
6-15
50c
25c
Car
Oilcloth
1
Wllliamsport RR. Co.
Enamel &
Felin
Fields
convertible
6-13
7- 5
50c
preferred
Pont
6-15
6-13
6-10
Empire
„
<quar.)_
preferred
$3.25
6-30
6-27
6-30
50c
Dairies, Ltd., common
prefeired (quar.)
Oil
6-13
7-
(quar.)
preferred
$2
(s-a)
(quar.)
—
preferred
Douglas
7%
12%c
:
A
6-23
6-30
Semi-annual
(quar.)
pfd.
6-15
6-1
6-30
6334c
Federal
Monthly
Monthly
8-20
6-21
6-15
redeem
Company
Dominguez
Donnell
•
$1.75
pfd
non-cum.
Dominion
&
$2
Dominion Foundries & Steel, Ltd. (quar.)
Dominion Glass Co., Ltd..,' common (quar.)_
5-31
1
$1
Corp. (quar.)
Products, Inc., 70c pfd. (quar.)
Formerly San-Nap-Pak Manufacturing Co.
Dome Mines, Ltd. (quar.)
:
6-23
7-
6-30
$1
Doehler-Jarvis
6-30
6-17
15c
Doeskin
t50c
6-17
1
5c
Western RR.
Cup Co., common
A
(quar.)
5%
1
7-
50c
Class
Dobeckmun
du
7-
share.
5%
Co.—
Motor
6-17
6-24
7-
12%c
(quar.)__
1
6-22
(s-a)
8%
preferred
4%%
(quar.)_
(sec
7%
s
30c
Brass
& South
Match
1
7-1
15c
participating pieferred (s-a)
participating preferred
(s-a)
Disney
Du
7-
50c
A__
Y.,
(quar.)
Devoe & Raynolds Co., class
$4
Electric
6-15
Canada—
Co.
Hillsdale
Dover
Emerson
92%c
preferred
$1
6-16
1 *
7-
6-30
6%
10c
$110 per
&
Detroit-Michigan Stove,
7%
Drug.
$1
(quar.)
approved
issue
Edison
$1
Emerson
37%c
<quar.)_
Co.
Detroit
7%
9-16
50c-
(reduced)
Aluminum
5%
6-17
6-17
25c
stock
Detroit
Diamond
preferred
2nd preferred
1
25c
Light,. $4 pfd.
Co.
Supply
above
1st
9-30
J25c
common
Electric
7%
7- 1
7-
1S2.50
Co.
(s-a)
Ely & Walker Dry Goods Co.
37V2C
pfd.
7-
15c
$2.75
25c
6-17
50c
conv.
Corp. of
6-20
62 %c
6-17
6-17
,
6-13
1
—
Consolidated
6-30
6-10
(s-a)
6-30
7-
17 %c
Co
Co.
6-30
25c
(quar.)
Co., common
debenture
Detroit
Watch
Water
6-20
50c
Co., common (quar.)
preferred (quar.)
5%% preference (quar.)
1
preferred
Dentists'
National
1
25c
—
5%
6-25
(s-a)
Power
6%
Elliott
Electric
'
25c
Inc.
Delaware
6%
9-17
.
9-15
6-10
6-10
(quar.)
Manutacturing Co. (quar.)__:
Deep Rock Oil Corp.
Dcjav Stores, Inc. (quar.)
$8
9-30
10- 1
7- 1
7- 1
(reduced)
Securities
preference
Delta
Elizabetlitewn
6-15
Chemical
$3.70
&
Elgin
37%c
$1.12%
;___
6-15
1
(quar.)
7- 2
,125c
Coal
5%
preferred
$2
6-14
$1.75
Corp. (quar.)
Dayton & Michigan RR., 8% pfd. (quar.)__
De Long Hook & Eye Co.__
!___
De
Co.,
6-15
8-12
6-15
6-25
7-
quar.)
7-15
1
6-30
21C
Co
6-30
9-
6-10
Co.—
(initial
common
6-30
6*13
8-12
6-15
50c
(quar.)
Mfg. Co
Ferries, 6% preferred (quar.)
Electric Storage Battery Co.
(reduced)
Electrical Products Corp. (Calif.)
(quar.)
Electro Refractories & Alloys (quar.)
1
7- 1
(quar.)
common
3
933/4C
Electric
Electric
Paso
,
(quar.)_„
6-
..,
com._
,
Extra
10c
Co7 $3.75 preferred (quar.)
Copper ' &
quarterly
Boat
$1.25
Davenport Hosiery Mills, Inc.
& Frere,
Ltd., class A (quar.)
'
Reduced
Corp.,
1
7-
Electric
75c
(quar.)
6% preferred
Stores,
preferred
25c
$1.37%
(quar.)
(quar.)
preferred
Continental
Co.
Assurance
7-15
$2.50
preferred
Davega
$1.12%
$1.13
(quar.)—.
Continental
(quar.)
Bonus
(quar.) _!___
Continental
4%%
Darling
Co.
preferred
Auto-Lite
7- 1
25c
!__
7-
1$2
(quar.)_
Electric
'
(irreg.)_____
1
6
El
8-15
1
6-30
$1.06%
(quar.)
$2
(quar.)_
common
53c
Stores,
$4.50
Continental
preferred
7-
1
6-20
6-10*
1
9-
1
(accum.)
7- 1
25c
El
$1.75
Cigar Corp
River Mills,
6-22
\
(quar.):
Co.
DWG
f
25c
(s-P)_
6-14
$1.12Va
preferred (quar.)
Publishing Co., $7 pfd.
prior
6-21
J
Gas
$4
7- 1
(Boston)
6-15
7-
12 %c
Inc.—
30c
(quar.)
4%%
Curtis
7- 1
Co.,
1
75c
6-20
$1.12%
$5
'«
1
$1
(quar.)
2
$1.25
7-
6-15
75C
pfd.
7- 1
40c
.
preferred
$1
(quar.)
6-15
$1.37%
partic.
Elmira
3
2
6-25
(s-a)
Brothers Stores
7-
t50c
(accum.)
6-
7- 8
6-15
10c
__
Edison
New
.
pfd.
pfd.
90c
Ltd.___—
tquar.)—
_•
Consolidated
preferred
5%
0%
6-
1
6-25
(quar.)—,
Corp., Ltd., ordinary (quar.) ___
Eddy Paper Corp., common-.
Edgewater Steel Co., common (monthly)
6-24
7-
$1.50
(s-a)__
Clothing
4%%
Dravo
—
Consrlidated
4Va%
Curlee
Co.,
$1.12 V2
(quar.)
Consumers
Atlantic Sugar,
Tobacco
6-
(quar.)
(quar.)
B
Investment
Consolidated
Cuban
Cuban
6-11
8-
6-10
6-15
6-30
20c
common
preferred
$1.75
1
6-24
6-30
30o
'
7-
7- 1
6-18
6-1*
6-30
12 %c
Ecuadorian
414%
common_____L__
preferred (quar.)
7- 1
Power
&
C
preferred
7%
Dow
<quar.)__
Consolidated Grocers Corp., common
5%
Cuban-American Sugar Co.,
7% preferred (quar.)
6-11
.25c
6- 3
7- 1
Corp.,
2
50c
30c
7-'l
Y.—
6-20
25c
:
(quar.)
Dominion Tar & Chemical Co.,
Common
(o.uar.)
$1.25
Gas,
Baltimore, common
40c
B
Dominion
50c
(quar.)
N.
(quar.)—1
Electric
preferred
Consolidated
A
Clas3
6-11
-
Corp.
Consolidated Edison
,
(quar.)
(quar.)
Cigar
Consolidated
Class
10c
(quar.)
preferred
6-18
Paper
6- 3
7-
(quar.)
$2
6-10
—
7- 1
7- 2
Securities Corp—
75c
1
Eaton
(quar.)
Forster
$3c
common-
40c
„
.
Consolidated
&
1
Power
6-
Fund
Fund
30c
preferred
Crum
1
f
6-20
prior
1
t25c
—
Stock
6%
6- 3
7-
—
(resumed)
Balanced
6-15
6-17
1
12 %c
Howard
4
1
7-
Corp.—
Howard
s$1.25-
$1.75
25c
fquar.)_
B
(quar.)
(resumed)
&
(quar.)
$1.50
Co.
Machine
A
&
25c
preferred
common
7-
(quar.)
Insurance
Inc.,
8%
Forster, 8%
7-
—
Washing
Class
Eaton
40c
(quar.)
&
& Forster,
6-14
(s-a)—
Washing Machine Co., Ltd.
Easy
7-
$1.50
(quar.)
Eaton
$1.05
1
.
Transportation
Easy
1
7-15
8- 1
10-14
(quar.)___
6-10
America—
7-
Light—
$7 preferred (quar.)—
Fire
preferred
of
$1.37%
(quar.)
preferred
9-1
12-
12-15
.
1
common
$2.50
_
(quar.)
Co.
6-
■
Connecticut
Steel
6-17
(Del.) —
pfd.
(quar.)___
Mines,
preferred
6c
Southern Corp.
5%%
6-14
Co.,
J10c
(s-a)
(quar.)
1
(accum.)__
Commonwealth Water,
Coniaurum
Seal, Ltd.
6-30
Co.
8
40c
Kodak
,6-20
:
7-
———
25c
Steamship Lines
$2.50
(accum)__
preferred
10c
Investment
Conestoga
prior
9c
(quar.)
—
11-
6-23
7-
$1.50
$1.50
Corp.
___'
Commonwealth
pieferred
6-
6-30
90c
(quar.)
common
&
6-30
90c
(quar.)—
(Washington,
Co.
(quar.J_
Corp.*
$6
1
7-
15c
Corp-
Co.,
Commodity
preferred
7-
L
Commercial
$6
6-20
—
Insurance
preferred
Commercial
6-14
1
$1.50
(quar.)
(quar.)
C.Ms-a)_—
Commercial
6-30
7-
$1.50
preferred
common
B
Title
5%
Dixie
87V2c
683/4C
(quar.)
32.75
&
Crum
5%
25c
81.50
(accum.)
2c
preferred
(quar.)
Crum
1
7-15
7--11
$1.75
$4
.
preferred B
6%
$1.50
$1.50
1
Corp., common
preierred (quar.)
2nd
Voting
6-27
A
preferred
Radio,
1
6-30 &
25c
Zellerbach
Crucible
6-10
Colgate-Palmolive-Peet Co.—
$3.50
$4
}•
6-15
$1.50
(quar.)
(quar.)
Class
(quar.)
(quar.)
Cork
Crown
6-20
6-15
7- 1
(s-a)—*.-—
Co.,
7-
6-20
6-20
(s-a)_
$3
preferred B (accum.).
6%
6-20
7-1
87%c
(quar.)___
6-30
87%c
Decker
6-30
preferred (s-a)
Cockshutt Flow Co., Ltd. (quar.)
Collins
Crown
Decca
25c
preferred (quar.)
A
A
-
A
9-15
A
Eastman
Holders
Ry.—
preferred
preferred
6%
.
Cork International. Corp.-—
class
$1
6
30c
(s-a)
Foil
12%c
Publishing-(quar.).:!
Crowley .Milner,
Crown
6
•
—_
preferred A (quar.
Coca-Cola Eottling Co. of St. Lcuis
Coca-Cola
Company, common
.
6-10
$1.50
5%
Co.
Oil
preferred
7-
12-15
50c
_
4%
Cochran.
6%
7-
6-30
6-30
12-31
Co.—-
(reduced quai.)
Coca-Cola- International
7-15
Massachusetts
Ml
Payable of Rec.
6%
Eastern
*
Co
preferred
Crowell-Collier
6-15
67/sC
__
A
$1.31V4
Eastern
Crompton & Knowles Loom Works—
1
$1.50
Peabody & Co., common (interim)—
2nd preferred (quar.)_;_—•
preferred (quar.)
class
6- 9
(R.
1
Coast Counties Gas & Electric Co,—
$3
6-24
Corp.—.
(quar.)
Teiry Shoe Corp., 5% pfd.
L.), Ltd. (quar.
Crane
Company,, common (quar.)
Cream of Wheat Corp.___
Creameries of America, Inc. (quar.)
Crain
8-
$1.12Va
7 %
6- 9
75c
Craddock
8-
2'/2C
4%;
4%.
____________
(monthly*
class
7-20
6-23
9-
30c
ts-a)___
Co.—
Clinton Water Works,
Clopay
,
\
(quar.)
common
Corp.
6-20
6-15
$1.50
$1.50
" 30c
,
(quar.)
Molybdenum
Clinchfield
,•
i
Supply
Illuminating
*
A
Petroleum,
Gulch
Dan
$1.37%
(quar.)______
(quar.)______..
Cleveland
Electric
Phosphate
Davison
dividend!
dividend--------.——
Cleveland
$4.50
7-1
7- 1
.
62'/2c
pid.
Clearfield & Mahoning Ry.
Climax
8
50c
A
Common
6-24
(quar.)^
preferred series 1947
dividend
Cow
6-15
—
(quar.)
(quar.)
Multipiier Corp.,
6- 9
50%
preferred
preferred
Coronet
8
9-
$1.75
(Pa.)
(Dayton), com. (quar.)
preferred (quar,)__.
com.
(quar.)
non-cum.
6-24
quar.)
David
—
Washington
Corp.
City Stores Co.,
;
6-
Telephone Co.—
(quar.) J-,
City Investing Co.,
Clafy
7-15
7- 1
$1.13
City Railway Co.
4
10-14
$2
$4
__
(quar.) _'_
6%
6-
$1.25
Suburban Bell
Service
-.CJass
6-20
4
Co.—
( quar.
Citizens Water Co.
'•
7/1
pre.errcd
City
6-
.,
Quarterly
Cities
6-15
6-20
$1
—
Cincinnati
6-30
$1.75
(quar.)
4f, preferred (s-a)
Cincinnati, New Orleans & Texas Pacific Ry.
preferred
6-15
25c
Co.—
Cincinnati Inter-Terminal KK.
5%
6-10
25o
(quar.)l
1
50c
Share
Company
6%
(initial
Dubilier
3%%
6-15
$2.50
(s-a)
1</>' preferred
Electric
&
preferred
Name of
6- 6
"
6-10
$1.50
,
4%
6-30
7-1
7- 1
6-30
_
Securities,
Cincinnati
6-
6-15
75c
$1.25
,
,
Mills,
6-27
When
Per
Payable of Rec.
$1
Corning Glass Wcrks, common (quar.)____
3%% preferred series 1945 (quar.)_
4
6-25
$1.75
(quar.)
Knitting
Chiristiana
,
4
RR.—
(quar.)
Common
Share
(Del.)
dividend
prior
Cornell
Oil
Cotton
Common
Chipman
7
6-
6-28
75c
—__
preference (quar.)_1
Chickasha
7-
30c
50c
_________
common
Common
7%
8- 1
6-25
$3
(quar.)
:
'5% preferred series A iquar.)
;
Chicago Towel Co., common (increased)-—
^
1
7
25c
1
Chicago Pneumatic Tool
!'< $3 preferred (quar.)
$3
$4.20
6-
7-
50c
Chicago, Burlington & Quincy RR
Chicago Mill & Lumber Co.
common
Stock
6-20
1
75c
;
New
5-31
8
6-30
87V2c
(quar.)
6-20
6-15
*
(quar.)
3%% conv. preferred (quar.)—
Chesebrough Mfg. Co.' (Consolidated)
,
8
6-
$2
(qtiar.)J
3
7-1
45c
(quar.)
J
Mille__
Co.
50c
$25c
-
,—
Chesapeake & Ohio Railway Co.—
4
Co.
Corroon & Reynolds Corp.—
preferred A
Central
1
Oil
6-20
Co.—
(quar.)-
7%
6%
Holders
When
Per
.
Company
(2683)
6-10
.«
(quar.)
South
CHRONICLE
Cooper-Bessemer Corp.—
$5.25
Onio Light & Power, com.
&
7- I
15c
40c
15c
20c
(quar.)
pfd.
Continental
Co.
Central
jPaper
$1.12%
•
,
Machine
Central
6-17
$1
4%%
Service
(quar.)
Central
Central
7- 1
15c
Illinois Light Co.,
Central
preferred
7- 1
6-17
$1.02%
(quar;)
Central
4%
6-17
$1.02%
Trust
(quar.i_-—w_-i.
B
7- 1
25c
&
4
4.30% -preferred
<
Name of
7- 1
7-1
,
Bank
preferred
r
6-17
6-17
FINANCIAL
*
.
Name
Centlivre
&
A
(quar.)
7-
1
5-25
$1.06 %
8-
1
6-2*
TttE
(2684)
52
When
Per
Share
Jfome of Company
Co., common
(quar.)—...
preferred (quar.)—
General
Baking
$8
Cenerai
6- 8
Hercules
Motors
preferred (quar,).
Corp,..—...
6-30
6-15
Hercules
Pcwder
$1
1
6-14
50C
7-
1
6-14
25C
7-
1
6-15
37 %C
7-
1
6-15
Hershey Creamery Co., common (quar.)—7% preferred (s-a) (called for redemption
on June 30 at $100 per share plU3 this
dividend)
preferred
7-25
6-17
J
31 %c
(quar.)
common
(quar.)
50c
General Electric Co
Co.
preferred (quar.) -—-——_
Industries, 5% preferred
General Instrument Corp
Cenerai Investors Trust (Boston)
General Plreprooflng
$1.75
(quar.)-
Class
A
6-20
2
6-16
7-
7-20
7-
1
6-10*
7-
1
Henkell-Clauss,
$1.25
8-
1
7-11
93%C
8-
1
7-11
25c
7-
1
6-15
25c
7-
1
6-15
$2c
*
7-
5
6-15
6-10*
6-30
40c
$50c
7-15
0-29
$50c
——1—--—»—
7-15
6-29
New
Refrigerator
1
6-30
1
6-30
Hoover
25c
7-
1
6-10
Hoover Co.,
7-
1
6-10
6-28
6-7
6-20
1
6-30
6-13
7-
6-15
1
7-
1
6-17
7-
1
6-17
6-30
6-20
7-
Glidden
Distilleries,
Company,
pfd.
6-30
6-15
Bali
4y2%
Goldblatt
Brothers, common
$2.50 preferred (quar.)
Golden Manitou Mines, Ltd.
Co.,. Ltd.,
State
Goodrich
preferred
Class
A
Hubbard
Co., Ltd., class A pid.
Hubbell (Harvey), Inc. (quar.)
Humphreys Mfg. Co., common
6% preferred (quar.)
Hunt's, Ltd., class A (s-a)
Class
B
Sash & Door Co.,
preferred (quar.)
5% preferred (quar.)
5% preferred quar
6-15
40o
7-
1
6-10
40c
7-
1
6-
2
7-
6-
2
4% guaranteed (s-a)
Illinois Commercial Telephone Co.
Wis.), $4.75 preferred (quar.)
7-
6-20
$50c
_
7-
6-10
6-10
4'/
Increased interim
25c
7-15
6-27
$1
6-30
6-13
$1
6-30
6-14
—
6-30
6-14
7-
6-10
"
m
2
1
6-21
12 5c
9-15
8-25
12-15
11-25
10c
6-24
__
5 c!o
6-30
6-30
6-10
7-1
6-14
5%
93%C
7-
1
6-14
7-
1
6-20
,
6-10
6-30
6-10
6-21
10-
1
9-20
7-
1
6-16
Class
A
Gruen
Watch Co.
6-20
Institutional
6-30
5-31
Guantanamo Sugar,
40c
7-
2
6-10
$1.75
7-
2
6-10
1
7-2
6-
7-
15c
$1.50
(quar.).
25c
6-30
6-
7
6-30
6-
6%
7
40c
—
Metal
Class
4
1
6-
International
8
Common
6-20
6-30
V% %
4%
4% %
6-10
6-
$1.50
7-1
125c
preferred
Oil
9-1
125C
,12-JL
11-
1
1
6-
8
,7- 1;
6-
8
International
6-20
6-6
International
7-
130c
common—
,,
7%
6-21
150C
—
;
25c
,
37'/2C
8-1
6-15
6-30
,
'
Harbison-Walker
Refractories
$1.06y4
6%
preferred (quar.)—;—
Harding Carpets, Ltd
Harnischfeger Corp.', common (quar.)—
?
5% preferred 2pd issue (quar.)
preferred
peferred
Harris-Seybold Co.,.'common
Extra
$5
'
preferred
—
6-20
Harrlsburg Gas, 4Vz% pfd. (quarj—
Harrieburg Steel Corp. (quar.)—.
Hart Battery, Ltd.-
,
,
,
7-20
6^15
.
i
$4
6-11
6-15
7-
1
1
6-15
$1.12Vi
7-
1
6-15
6-30
6-10
7-
1
6-23
7-
1
6-23
25C
75c
1
"6-20
7-15
6-30
40c
6-24
6-10
$i0c
6-30
5-26
;
5-31
$1.75
7-
1
6-20
29 '/sC
8-
1
5-31
7-
1
6-15
35c
7-
1
6-10
$1.12 ya
7-
1
$1
7-
1
6-10
40c
7-15
6-30
7-15
6-30
25c
7-
1
6-15
50c
7-
1
(qttar.)
(quar.)..
preferred
(quar.)
common
preferred"
(quar.)
-8,
25c
45c
f>,rl
9iy4c/
/ 30c1
.
.
5%
6-15
6-15
6-25
6-30
6-24
$25c
7-
2
6-15
5c
T7-
2
6-17
(quar.)
—
—
50c
7-
1
6-17
37 %C
7-
1
(The)
Company
(qucr.)
6-17,
$$1.50
7- 2
6-15
30c
6-29
6-22
$1.50
6-29
6-22
of Delaware, common
prior preferred (s-a).
6-10
6<7
Sessions
&
Co.,
$2.50
& Sons, Ltd.
Portland
Cement
pfd.
7-
1
6-21
$25c
7-
2
6-10
6-30
6-
1
9-10
9-
1
Leduc-West
...——_
preferred
Oil
7-
7-
1
6-10
14c
Lees
7-
1
6-24
(James) Sons, 3.85% pfd. (quar.)
Lehigh Portland Cement Co. (quar.).
7-
1
6-14
7-
2
6-10
9ey4c
8-
1
7-15
50c
9-
Lehigh 8c
7-
1
6-
1
6-17
7-
$10c
6-22
50c
6-
6
6-15
Lima-Hamilton
6-16
Lincoln
7-
1
6-20
7-15
6-15
Extra
Lion
2
6-
9
Lipton
7-
2
6-
9
Little
$1
6-17
6-30
6-17
5-23
6-20
t40c
t$l-75
5
7-
1
1
6
1
6-15
.
Co.,
,
Miami
1
6-22
(quar.).
$1.75
7-
1
15c
pfd.
Insurance
com.
7-
1
6-15
30C
8-
1
7-23
30c
8-
1
7-23
11-
1
10-24
8-
1
(quar.)
;
...
RR.
6-13
25c
6-30
6-13
;
6%
pfd.
Special
Chain
Lockheed
6-15
Loew's, Inc.
50c
7-15
6-24
Loew's
6-20
6-10*
7-15
6-15
6-21
5-31
Island—
8-1
L
25c
J
43 %C
6-30
40%c
7-19
6-30
.7-19
: 8-. 1
,
6-15
6-15
______
...
1
$1.50
6-15
$1.62 y2
7-
1
6-13
$1.75
7-
1
6-15
7- 1
6-15
82%c
30c
8-10
12-
1
Star
7-
1
6-
6
$25c
preference IB, (quar.
1
preference JC (quar;_1
7-
2
5-31
$$1.75
(quar.).
—
7-
2
5-31
7-
2.
xl%.%/'
7"
,
».
5
;
$1.2^;:
.5-31
j
xiyrv ;;U
preference D; (quar.
42
'6^30
:'6-30
7%
Theatres, Ltd..:
5%
preferred
(M.)
($25
&
par)
Sons,
;!k
"6-15
•
"•
(interim).—
i;
•
6-13
7-
5%
preferred
(quar.)
(s-a)
!'
»
V
»
1. '7- 1-'
6-101
6-10'
6-10
''61
60C
6-21
12Vid
1
6-30
6-16
7-15 1 r
6-zO
;
*
45c
'
$1.25
-
31 %C
1
7-15
,; 7-15
;,7-
$1.06
"$25C
$2.25
6-30'
r
f
1 «
'*'6-30
•
^
6-17
J
7-1'
$3
$12 Vic
-1
6-15
6-10
6-30
6-30
6-10
50c
7-
1
6- 7
25c
6-30
6-15
7-
6-20
$12.50
i>-*
1
7-1
$1.25-
—;
Ltd.
i.L_
RR.i,. 6% prior pfd. (quar.)..
Maltine Cobjpany/4V4% conv. pfd. (quatv).
Manhattan Financial Corp.; class A (s-a)
Corporation,
•
I
-
6-30
-7-15' | {•6-10
6-30 1M 6-1T
25c
'
I—__
Central
il
3
'
Magor Car Corp. (quar.)
Mahoning Coal RR. Co., common.
Maine
6-13-
1
<6-30
''
25c
$1.75
(quar.)__
Inc.—
& Company
9
6-
7-.1
$12%c
(R. H.)
6-17
6-18
*
preferred (quar.)
i.
Lowney (Walter M.), Ltd.™v_—
Ludwig Baumann & Company, com; (quar.)r
4%% 1st preferred (s-a)
—i
Lynchburg & Abingdon Telegraph Co. (s-a).
MacMillan Export Co., Ltd., class A (quar.)
Macy
6-17
6-30
7-
$20c
8IV2C
•'
Loufsville Gas & Electric (Ky.), common.!.;
5%
preferred * (quar.)„^__™_™—_____
LoWenstein
6-17
6-30 c a
$15C
(quar.)___
Company, com.
preferred (quar.)
12-23
f
6-30
'
$$1
lios 'Angeles Biltmore Hotel Co.__
Mailman
•
6-30
:
37V2C
Corp.
9-21
n
6-30
50c
Corp..
(quar.)
Cement
•
10- 1
1-2-50
40c
(quar.)™—
(P,)
6-21
r
Hosiery Mills, Ltd., common
Class A (quar.)
Lone
6-10
6-20
1
7-
r
11-10
20c
(quar.)..^
1
30c
...
9-
7-15
6-30
r
$2
4% %
-
2-21
$2
Los^AngeleS:Transit Lines (quar.).
37Vic
3-10-50
$2
...
Aircraft
(Marcus)
Lorillard
'
11-24
$1
(monthly)
London
'9c
12-10
50C
6-10
6-15
$75c
8-23
50C
40c
7-1
2-21
9-10
75c
Pipe Co., comnion
preferred (quar.)
8% preferred (quar.)
8% preferred (quar.).
6-30
'
11-24
3-10-50
50C
;
Joint
6-30
1
8-23
12-10
$1.10
$1.10
—
guaranteed
Steel
6-16
9-10
$1.10
8%
Locke
1
7-
37!/2C
(quar.).
Co.
Semi-annual
Lock
1
,6-30
6-30
(quar._—
Inc.,
7-
7-15
12V2c
(quar.)..^
(quar.)
—
Special guaranteed (quar.)—
Little Schuylkill Navigation RR. & Coal Co.—
„
6-10
37yac
(initial quar.)
—
15c
(accum.)
7-
(quar.)
Original capital
Original capital
Original capital
Special guaranteed
10c
'
6-15
30c
(accum.).
new
(Thomas J.),
$1.25
"
1
...
preferred
conv.
43%c
Fund
7-
Lipe-Rollway, class A—
6-15
7-
6-30
6-17
$2
& Company—
preferred
Oil
7-15
35c
5-31
6-25
—
I
Quarterly
Lindsay (C. W.)
6-21
1
Corp.
National Life
6y2%
7-
8-10
6-22
$54
1
6-30
25c
1
$2
30c
6-30
Quarterly
Liggett & Myers Tobacco, 7%
7-
$75c
1
$2.95
———
7-31
27y2C
_____
Wilkes-Barre Corp. (quar.).—__
Lehman Corporation
(reduced)
Lexington Union Station, 4% preferred (s-a)
Liberty Life Insurance Co. (Greenville, S. C.)
7
6-10
25C
62yac
(quar.)
Ltd..
Co..
S3
\
62 ¥2 c
(quar.).
(quar.)
Co.
2yac
(quar.)
(quar.)
1
20c
6-15
1
7-
6-17
Light & Power—
$5 preferred B
7-
50c
(John),
$2.50
y']
,
$1.50
$$1.25
Jamaica Water Siipply Co."—
' '
"
:
$5 preferred A;(quar.).™—*
6-15
12-21
6-30
1
preferred A (accum.)
1
;
Iowa Power & Light. 3.30% pfd. (quar.)—
Iron Fireman Mfg. Co. (quar.)
■n,5%
9-21
12-28
6-30
1
6-
7%
6-6
,
9-27
$1.12 Vi
:
Industries, 4% conv. pfd.
Ltd
6-22
$1.12%
$3
6-
6-30
(quar.).
preferred C (accum;)
6xk7o preferred B (accum.)
6- 6
6-20
.6-24
6-13
6-13
6-28
$i.i2ya
Lamson Corp.
Corp.—
6%
.6-10*
1.IT 1
J5c
1
7-1
7-
50c
6-30
(quar.)
com.
6-10
$1
Lawyers Title Insurance Co. (Va.) com. (s-a)
8%
partic. preferred (s-a)
Leath 6c Company, common (quar.)
$37y2C
$$i.06y4
75c
Ltd.,
(quar.)
.6-27
6-25
6-15*
A
6-
6-10
25c
6-
Service,
3
6-30
6-27
(quar.)....
7-
preference
6-16
20C
25C
50 c
17C
Participating preferred (quar.) ...^
Participating
Iowa Electric Co., 7% pfd. A. (accum.) _1
.7-14
1,.
6-10
Lawrence
6-20
■
$1.12%
6-24
:
25c
—
Lang (John A.)
75c
Y.)
1
25o
6-15
Lamson
Co
(N.
7-
$1.50
9-10
25c
Public
1
6-
6-28
6-10
6- 6
....
1
6-30
$15c
1
(The)
Company, common.—...
prior preferred (quar.).
Interstate Department Stores (quar.)
6-14
6-
6-30
25c
7-
6-
Electric
6-16
1
$1.06%
5%
Iowa
3
7-
$1,121/2
6-
8-10
6-29
preferred B
6-15
6-20
$50c
6-10
6-23
6y.%
6-15
1
7-
1
$1
Investors Trust Co. of Rhode
6rlS
7-
37%c
1
$1
Selective
6-30
37y2c
1
$1
pfd.
6-17
30c
.
6-15
9-
Paper, common (quar.)—,—
preferred (quar.)..
....
:
7%
1
6-30
7-
(quai.)
(quar.)__—_
Corp.
7-
25c
10-
20c
;
Telegraph Co.
Products
6-15
.
$1.25
6-15
Salt
7-1
$1.25
Chemicals
par)
6-10
6-30
25C
$1.75
6'/b
7-5
Jamaica
•:
1
7-
Semi-annual
6-17
6-17
7-
6-15
*'
1
1
1
6-20
-
7-
7-
1
1
$%-<•>
6-11
7-
25c
-
—
Lambert
1
6-30
Ltd
6-10
7-1
Lambton Loan & Investment Co. (Ontario)—
1
8-
7-
Company,
6-30
50 c
7-
$1
International Shoe. Co.—
6-14
'
6-15
1
50c
—
6-10
1
7-15
40c
International
6i20
$1.12y2
'
7-
$1.03 y8
(quar.)
8-
25c
(quar,)-
'
7-
75c
prefeired.
6-30
7-
quar.)
Laclede Gas Light Co
Laclede Steel Co...
6-17
1
6-15
; 6-14
30c
7-
40c
9-
6-24
.
Labatt
$1.50
Hat
3.65%
(reduced
semi-annual
La France
6-29
7-1
6-24
-
6-18
t8%c
Hart men
Helerrano
25c
9-15
$1.25
—
2
7-29
7-
$30c
25c
7-: 6
*6-24
35c
'
7-15
$1.25
Koppers Company, common (quar.)..
4%
prefei red (quar.)..
Kroehler Mfg. Co.,
4%% preferred A (quar.)
4 V2 %
preferred A (quar.)
4%%
preferred A (quar.)..
Kroger Company—
6%
1st preferred
(quar.)
Kuppenheimer (B.) St Co., Inc.—
Reduced
40c
,7-1.
$1.25
—
6-21
5-17
8-
Investment
.i.6-15
7- 2
..7-
15c
$1
1
6-30
Intcrtype Corp.
'
$20c
Tobacco, $3 non-cum. pfd. (quar.)
Corp, of America, common
4Vz% preferred. Jquar.)—
Hazel-Atlas;.Glass;Co. (quar.)
Hecla Mining Co.;
;
ll„;
Hein-Werner Corp
Heinz, »H. J.) Company, com. (quar.)
—_'
$1
$1.25
Kings County Lighting, 4% pid. (quar.)—..
Kingsport Press, Inc. (quar.)
Kinney (G. R.) Company, common (quar.).
$$i.i2y2
Investors
_____
6-18
Mines, Ltd. (interim) ...
Co., 7% pfd. (s-a)
Corp.,
convertible
$40c
6-16
,
6-10
6-24
125C
($100 par)
($5
Ocean
Quarterly
Irving Trust Co.
.
5%
Ltd.—
6-10
.
$1.50
_™
4-29
(quar.)..
com.
6-30
—
6-30
6-10
8-
6-10
,
/
i.
——
I
6-30
6-10
;
;_*.™
(quar.)
7-15
9-20
(quar,).
International
International Silver Co.,
7- L
,
,
-
1
$20c
25C
—I
2nd
conv.
King-Seeley
12-20
$37 Vic
,35c
7-11
\ .ISVac'-- fir30
—
9-30
12-30
40C
Co. of America (quar.)
Investment Foundation, Ltd.—
6%
convertible
preferred
(quar.)
,
'v
3
7-
40c
4%
2
6-23
Interstate
6rl5
*
1
Co.—
6-
$1.50
Kimberly-Clark Corp., common
4Vz% preferred (quar.)
'
6-15
6-30
25 c
Year-end on class A and class BHanover -Fire Insurance Co.. (N
Y.);(quar.)
Hanson-Van Winkle .Munnirig Co. (reduced/
9-
6-20
50c
6?15
1
6-30,
$1.12y2
,
.
9-12
6-30
6-10
...
&
7-1
$1,
—>
-
,
6-15
6-15
7-
$12 ya C
(quar.)...
Interstate Power Co.
(quar.)
2
7-1
6-15
.....
Co.,
7-
25c
tm'2c
Co.
(Calif.)—
6-15
1
International Nickel Co. of Canada, Ltd.—
Common
(quar.).
17o
preferred (quar.)—
6-17
2
7-
1
(quar.)
6-30
6
Minerals
preferred
7- 1
—
4 Vi%
6-30
1%
Industries,
'
,
1
7-15
$1.75
Keyes ribre, 6% prior preierred (quar.)
Keystone Steel & Wire Co. (quar.).^
Kidde (Walter) & Company, Inc
Products Co.—
(quar.)
preferred (quar.)
75C
——
Hancock
6-17
3c
A
$1.25
HaUiburton
Paper
7-
$1.50
Public Service
dividend.
6-10
6-30
7-
(quar.)
Harvester
International
7-
—
Hammer mill
6-20
37 Vic
International
6-17
$3
____
7-
$1.25
preferred
5-27
1
_
—
partic.
6-25
7-
$1.50
Participating preferred (s-a)(W.iF.) Printing Co. (quar.)
Oil Well Cementing Co. (quar.)
Haloid Company, common (quar.)
4% preferred (quar.)
Hamilton Bridge Co., Ltd. (quar.)
Hamilton Manufacturing Co. (quar.)__
;
1
5-31
7-
Group shares
1
$1.25
Lime & Alabastlne of Canada, Ltd.
Quarterly
Quarterly
Hall
6
preferred (final dividend).
All out¬
standing shares called for redemption
on
Aug. l at $53 per share plus this
6-24
$2
Quarterly
Gypsum
Ltd.,
6
7%
8-15
9
$1.18%
...—
International Cellucotton
6-15
(quar.)———
Realty Co. (Bait.) 6% pfd. (quar.)
Gulf, Mobile & Ohio RR„ $5 preferred
Gulf Oil
Corp
•
Gulf Power Co., $3 preferred (quar.)
Co.,
6-30
7-
Shares—
7-
1
Guaranty Trust Co, (N. Y.)
Brass
5-
5-
.
$12%C
6-15
7-
Guilford
Hahn
Kewanee
Ltd.—
(quar.)
1
35c
(quar.)
A
6-20
25c
-
-
6-15
'<M.
;
7-
$1.25
—
_
6-15
(Madison,
Exchange Building (Chicago)
Inter-City Baking Co., Ltd. (quar.)
Interlake Steamship Co
International Bronze Powders, Ltd.—
6-11
1
$1.06^1
(quar.)
$5 preferred
2,
1
7-1
5c
Insurance
(quar.).
(quar.)
6-
7-
.i__:
6-30
$25c
Ingersoll-Rand Co., 6% preferred (s-a)
Inglis (John)
Co., Ltd
Inspiration Consolidated Copper Co
Insurance
(increased)
preferred
8pecial
6-20
1
50c
tquar.)
7-2
...
1st
6- 9
$1.25
(Jrmes B.) Corp., common
$1.50 preferred
(s-a)
—
Kelley Island Lime & Transportation Co.____
Kelling Nut, 67o preferred (quar.)
—
Kelsey-Hayes Wheel, class A (quar.)
Class B (quar.)
Kelvlnator of Canada, Ltd. (quar.)
Kendall Company, $4.50 preferred (quar.) __
Kennecott Copper Corp. (quar.)
—
6-30
tlOc
Silica Corp.—
preferred (accum.)
Industrial Stamping & Mfg. Co. (quar.)
Ingerscll Machine & Tool, Ltd.—
5-23
130c
—
5%
50c
65C
5%
—
Kearney
Kerr-Addison Gold
$1.50
(quar.)
preferred
175c
Corporation
6-20
30c
6 V2 %
$1
2nd
Grinnell
6-lQ
7-
$75c
Indianapolis Water Co., clas3 A (quar.)_—U
5% preferred A (quar.)..
Great West
Griggs Cooper,
1
6
IOC
Industrial
130c
__
8
1
7-
50c
6-10
112 y2c
—
6-25
Co.—
Kaynee Company, common
7% preferred (quar.)
.
1$5
Griesedieck Western Brewerv
6-
6-25
30c
$1.50
—
6-10
Great West Life Assurance Co. (Winnipeg)—
preferred (quar.)——.
Greening (B.) Wire Co., Ltd
Greenwich Water System, 6% pfd.
Greyhound Corp., common—4% % preferred (quar.)
$12 %c
2
$1,25
6-20
6-30
162 y2c
——
7%
6-20
tlOc
6-23
7-15
125c
Saddlery Co., Ltd.—
preferred (quar.)
Great Western Sugar Co., common
6-
7-
50C
6-30
30 c
7Vac
(quar.)—
6-2
6-21
1
6-20
12 Vic
preierred B (quar.)
Industrial Acceptance Corp., Ltd., common
4V4% preferred (quar.)
5% preferred (quar.)
—
—
preference
1
Company (quar.)
20c
4y4%
20c
Ltd.—
6-29
7-
50c
(quar.)
preferred
25C
—
6- 2
6-29
6-30
—
Fuels, Ltd.—
participating preferred (s-a)
Incorporated Investors
Independent Pneumatic Tool Co,___
Indiana & Michigan Electric Co.—
4y8%
preferred
(quar.)
Indianapolis Power & Light Co., com.
4% preferred (quar.)
50c
—
6-21
$1.12 */2
6%
115c
—
Industries, Inc. (reduced)—...
Ltd., com. (reduced)
Class A preferred
(quar.)Class B preference (quar.)—
—~—
Great Northern Ry. Co., non-cum. preferred
convertible
6-20
preferred
Iroperiallc
6-10
7-
$1
.
(N.' Y.)
7-
'6-10
6-30
$1.12 Va
Imperial Paper & Color Corp. (extra)
Imperial Tobacco Co. of Canada, Ltd.—
6-10
Great Lakes Paper Co.,
Co..
Industries,
registered
(final)
7-
*25c
Felt
Chemical
Ordinary
7-
Great Lakes
West
6-15
7-
$1.25
Great American Insurance Co.
Quarterly
7,
Imperial
$5c
—
7-13
(quar.)
(quar.).
62 Vic
—
6-15
:.y—
preferred (quar.)
.Gray Drug Stores, Inc. (quar.)
6-20
25c
56 %C
Hydro-Electric Securities Corp.—
5% preferred (s-a)
Cement Co.
(quar.)
62 %c
3%%
1
Illinois Central RR. Leased Lines—
$1.50
———
Kawneer
$1.25
6-30
12 %C
Company, common (quar.)
6-23
Ideal
(quar.)
Ltd. (quar.)
Steel Co.—
6-20
6-30
$1.25
6-20
6-
8-
(quar.).
Natural Gas Co., common
preferred (quar.)
Diug Company, $4.50 pfd, (quar.)
30C
....
$1.50
$5
6-13
6-20
(quar.)..
(increased quar.)
preferred
6-30
(quar.).
common
5%
60c
Kansas-Nebraska
6-10
~
Corp
I
(interim)
common (quar.)—_
Grand & Toy,
6-18
1
$$1.25
6-
(quar.)
Grant (W. T.)
1
7-
6-15
Co
—
& Electric
preferred
12c
....
Huttig
7%
12j/ac
—
Co.
dividend
Gas
Katz
(s-a)_
(s-a)_
Huron 61 Erie Mortgage
Refining
Laughlin Steel Corp., com.
Stock
2
7-
1
6-29
93 %C
——
—
& Lamson Machine
Jones &
$6
—_
Felt
Oil
Kansas
$1
7-
—
6-17
50c
6-15
20c
(quar.)—
common
5-31
6-
1
10c
6- 3
6-30
7-
(quar.).—
preferred (quar.)
Johnson
—
(quar.)
Sulphur Co.
7-
25C
(reduced)
5-31
Grand Rapids Varnish Corp
Granite City
—
Lake
6-30
$6c
Houdaille-Hfcishey Corp.—
$2.25 convertible preferred (quar.).—
Houston Natural Gas, common (quar.)
5 % preferred (quar.)
^—;
Houston Oil Co. (Texas)
(quar.)
Howell Electric Motors Co.
1st preferred
7- 2
1
6-15
$1.25
5%
preferred
(quar.)
—Jcplin Water Works, 6% preferred tquar.).
Journal Publishing Co. of Ottawa, Ltd.—
Quarterly
:
Kansas Ci;y Southern Ry., 4% pfd.
(quar.)
Kansas Electric Power, 5% preierred (quar.)
25c
6-20
8-
$1.75
Ltd., class A (quar.;
6 7o
Jefferson
Common
(quar.)
common
6-20
Goodyear Tire & Rubber Co. of Canada—I.¬
Gorton-Pew Fisheries Ltd.
(quar.)_
Grafton & Company,
6-20
$1.06%
preferred
56 %C
common-
6-17
1
25C
—
1
(quar.)—
(quar.) —
(B. F.) Company,
5
7-
Ltd.—
(quar.)
Bearing Co,
&
1
(quar.)
preferred
7-
(quar.)
6-
——.
(s-a)
*5c
62y2c
(quar.).
50c
7-
Y.) (quar.) (quar.)——
Co.
Cold & Stock Telegraph
6%
Co.
Telephone Corp.—
prefei red A (quar.) ....
7-19
_
50C
4V2% convertible preferred (quar.)
Globe-Wernicke, 7% preferred (quar.)
7-29
——
1
(N.
common
6-14
25c
(quar.)
Horr.er (F. W.), Ltd., ciass A (quar.)——
Hoskins Manufacturing Co..
Hotel Gibson, 6% preferred (quar.)
....
6-16
6-29
15C
6-24
....
$4.25 preferred (quar.)
$4.50 conv. preferred A
6-20
1
Ltd..
50c
(s-a)
Goderich Elevator & Transit Co., Ltd.
50c
6-15
7-
$1.25
—
6%
Clens Falls Insurance Co.
Great
4
25C
Hooker Electrochemical Co.
6-15-
1
7-1
$1
Coal Co
Alden
$5
6-
5-23
—„
50C
Clermcre
4%
6-20
6-20
$1.12%
Corp. (quar.)
55 pfd, (quar.)
Corp. (quar.)—_——
6-20
6-30
$1.25
$1.50
Extra
Golden
6-30
6-30
7-1
$1.50
5%
3%%
$3.50
$2
Jamestown
8
6-20
6-15
1
7-
:
Jewel Tea Co.,
—
8-
7-
6-
6-30
50c
Consolidated Gold Mines, Ltd.—
Quarterly
Hollingsworth & Whitney
$4 preferred (o.uar.)
Holmes (D. H.) Company, Ltd. (quar.)
Holt (Henry) & Co., Inc., common
Honeymead products (quar.)
....—~
Honoiulu Gas Co., Ltd. (increased quar.)
Hook Drugs, Inc. (quar.)
fi-
(quar.)
Harvester
6-20
Holders
Payable of Rec.
$2
Bridge System, class A_____—_
Ciass B
Hollinger
$1
Gillette Safety Razor,
Gleaner
1
$25C
Furnace
$1.37%
'
Gibson
7-
6-23
Share
of Company
James River
Jones
(initial)
common
$1.50
Co.
6-18
Quarterly
6-30
preferred (quar.)
*
50c
Cenerai Refractories Co. (quar.)——
General Steel Castings Corp.—
$3
$6 preferred (accum.)
50C
Cenerai Telephone Corp., common (quar.) —
55c
4.4% preferred (quar.)——
—
40c
Cenerai Time Corp., common (qquar.)
—
4%% preferred (quar.)——.—.—<■—; $1.06%
Cenerai Tire & Rubber Co.—
$I.06y4
4 %%
preferred
<quar.)_—
93 %c
3%% preferred (quar.)——
3iy4c
3y4% preferred (quar.)—
5c
Gentry, Inc. (resumed)—-George Putnam Fund (Boston)—
See Putnam (George)
Art
6-17
1
—.
Hinde Si Dauch Paper Co. of Canada,
6-29
6%
Gibson
2
7-
—
—
Hightstov/n Rug Co., 5% prior pfd.
Hinde & Dauch Paper Co.—
1
Georgia Power Co., $5 preferred (quar.) —
$6 preferred (quar.)—
—
Gerber Products Co., 4Vi% pfd.
(quar.) —
7-
—
.
8-
$1.50
$8.50 preferred (quar.)————
$4 preferred (quar.)——
.
—
General Railway Signal Co., common—-—
6
Bartlett & Co.
Monthly Monthly ...
Highland Bell Co.,
7,-15
$$2.50
Ltd..*
$6
Hlbbard, Spencer,
Holland
preferred (s-a)_.
—
.
-l
General PubUc Service, $6 preferred (quar.)
Clen
Hendershot Paper Products,
6-10*
6C
5%
■
7%
6-30
25C
$1.25
(quar.)^
(quar.)
Cenerai Motors Corp.
$5 preferred (quar.)
$3.75 preferred
(quar.)
Cenerai Paint Corp., $t pfd., (quar.)$1 convertible 2nd preferred (quar.)
Cenerai Petroleum, Ltd. (Initial)
Cenerai Portland Cement
Cenerai Product* Mfg. Corp., Ltd.
,
6-17
1
15c
preferred
S%
1
7-
——•+—
(extra)
Inc., common
Cenerai Mills,
7-
$1.25
1%
Cenerai
6-
Co
7-
1
45C
1
7-
25C
7-
6
f 25c
9-19
6-
$1.50
6-20
1
43 %c
(George W.) Company, common
preferred (quar.)—
1
1
7-
When
Per
Name
Payable of Rec,
40c
7-
Ceperal Cable Corp., 4% lot pfd. (quar.).
4% convertible 2nd preferred (quar.)
,
6%
Helme
Snare
Company
Monday, June 20, 1949
Holders
When
Per
Name of
3c
preferred (quar.)
Ceheral Controls Co.,
7-18
10-
————-r..
(quar.)
Co.
Box
conv.
1
$2
——
Cenerai Buildersr Supply—
5%
3-
$2
$8. preferred
,
Holders
Payable of Rec.
15c
CHRONICLE
FINANCIAL
&
COMMERCIAL
'6-30
-$25c
.t
>
6-20
6-15
~
-
7-
$1150
1
6-25
7-15
f25c
7-
6-30
$1.06 v4
6-17
I
•
J
?il5;
Manitoba
'
Sugar,
6%
preferred
(accum.)
$13
10-
1
8-15
THE
Number 4813
169
Volume
(annual)
Company
(E.)
Co.
Life Insurance
Manufacturers
Montreal
Refrigerating
6-21
6-10
Montreal
Telegraph
Moore
$$7
Co.
Trust
(quar.)
Y.)
(N.
Midland
Marion
Corp.
(s-a)
(quar.)
preferred
7%
Water,
preferred
Marquette
7- 1
6-17
Motorola,
Co.,
preferred
Mills,
7- 1
(quar.)
:
(s-a)
preferred
prior
(s-a)
(quar.)
Maryland Drydock Co., common
4%% preferred (quar.)
Mascot Oil
Co
7- 5
6-30
6-30
6-30
7- 1
7- 1
6-20
6-10
6-10
6-10
6-15
6-15
Massawippi
Valley
(s-a)
RR.
Chemical
Mathieson
Fund,
Second
Investors
Corp.,
—
—
:—-
preferred (quar.)
(s-a)__
43%c
433/4c
McCrory
$3.50
McGraw
A
$1.50
&
H.)
(F.
Class
non-cum.
(A.
&
McKesscn
McPhail
G.)
Robbins,
7- 1
6-10
6-20
7- 1
6-20
6-15
7- 1
*
2c
7^1
62Vic
7- 1
6-15
Co., new common (initial quar,)_
$3.50 preferred (quar.)—'
$4 2nd preferred (initial)—-——
Mercury Mills Ltd. (quar.)———
Meredith Publishing Co.
(quar.)
_
37Vic
87Vic
70c
+15c
Forming
Metal
&
6-10
75c
$50c
t$1.12Vi
6-23
7- 2
7- 2
6- 3
6-11
€-11
—62Vic
(reduced quar.)——
10c
7-1
6-20
6-16
6- 9
Corp.
6-30
6-20
Thermit Corp.
$1.75
preferred (quar.)—__
—-—
Metropolitan Brick, Inc. (formeily Metropoli¬
tan Paving
Brick)
Metropolitan Edison, 3.90% preferred (quar.)
prefeired
4.35%
97Vic
$1.08%
$1.62%
pfd.. (quar.)_
37Vic
$1.12Vi
$1.12%,,
(quar.)i-.
—
Michaels Stern & Co., preferred (quar.)__—
Bridge
Preferred
6-30
7-1
7- 1
7- 1
6-30
8-31
11-30
10c
(quar.)
Packing, 6Vi%
(H. H.)
Miami
,
6-10
7%
Meyer
5-31
6-10
7-30
6-13
6-13
6-13
7-15
6-27
Co,—--
Machine
Metal
25c
$1
,
___———
Mergenthalei Linotype Co
———
Mersey Paper Co., Ltd., common____
4Vi%
preferred (quar.)
Mesta
6-30
G-30
8-15
7- 1
7- 1
7- 1
8- 2
6-27
$1.75
&
Co.
(quar.)
—-
Associated Telephone—
6% preferred (quar.)
Michigan Bakeries, 0%% pfd. (quar.).
Michigan Bumper Corp. (quar.)
.—
Mickelberry's Food Products—
$2.40
preferred (quar.)
Mid-States Equipment. 7% conv. pfd. (quar.)
6-10
6-3
6-3
•
6-15
6-15
8-19
11-17
Michigan
6-15
6-15
6-25
60c
5%c
7- 1
7-1
6-11
6-15
Steel Products-
Midland
New
15c
7- 1
7-1
7-15
$1.50
27Vic
(initial
common
37Vic
7- 1
6-14
$2
50c
25c
quar.)
7- 1
7-1
7-15
6-14
6-14
7- 1
(quar.)
$2 non-cum preferred (quar.)
__—
Midwest Piping & Supply Co. (increased)
preferred
8%
Reclaiming—
Rubber
Midwest
$1.25
(quar.)
Common
37 Vic
37Vic
25c
25c
7 Vic
(quar.)
35c
$1.10
—-
prior preferred
prior preferred
Miller Manufacturing
(quar.)
(quar.)
Co.,
common
(quar.)
4Vi% convertible preferred (quar.)—
Mining Corp of Canada, Ltd. (initial)
Mission Appliance Corp.
(quar.)
Mission Development Co.
(initial)
T
6-27
7- 1
5-20
6-23
7- 1
6-23
6-20
15c
20c
56Vic
(quar.)
Miller-Wohl Co.,
Oii Co.
7- 2
10- 2
7- 2
10- 2
6-30
7-15
7- 1
7- 1
6-30
6-24
6-20
8-20
6-20
9-20
$15c
I5c
——
$1
Mission
7- 1
Inc.
Common
A
7-14
$1.10
Miller & Hart,
Class
Inc.,
common
(Kansas)
Special
4% preferred (quar.)
Mississippi Power Co., $4.60 pfd. (quar.)—
Mississippi River Fuel Corp
Mitchell (J. S.)
Co., Ltd
Mitchell (Rcbert), Ltd
—
—
Mobile & Birmingham RR., 4% pfd, (s-a) _
Mobile Gas Service Corp., common (quar.)__
15c
$1.15
45c
$$1
$50c
$2
40c
(quar.)
Modern Containers, Ltd., class A (quar.),.—
Mohawk Petroleum Corp. (quar.)_.
$1.22%
$25c
20c
Mississippi
4,90%
•
■
Glass,
preferred
Extra
Mojud
20c
—
Hosiery
Co.
Inc. .»
Co.,
common
pref. (quar.)
Montana-Dakota iTtil'ities,
t
preferred
(quar.)
Montgomery Ward & Co., common
$7 class A (quar.)
Increased
(quar.)
Ltd.—-V
quarterly—.
—
....
—
>
.
•••
,
7-15
7- 1
7- 1
6-17
25c
87 %c
.
20c
1
1
1
1
6-15
€-15
6-15
6-15
*
t
,
7rl5
'1-1,
,
,
6- 7
6-,?
-r
7-2
6-20
7- 1
6-30
6-21
$1.50
6-28
6-16
$1.50
9-28
9-15
$1.50
37Vic
12-28
7-15
12-15
6-2
(Md.)
6-30
7-15
6-30
80c
8-
7-
Grocers,
7-
preference
National
Hosiery Mills,
Class A (quar.)
Class
7- 1
6-10
Co.,
6%
class
B
(quar.)_
Service
Corp.,
Paper
5%
Type.
&
Rubber
Co.
Standard
Co.
National
Steel
Corp.
6-
3
9-
2
Car
Co.
6-15
6-
8-15
7-31
Tea
preferred
(quar.)
50c
37%c
50c
40c
_
(quar.)
(Pa.),
25c
____
__
(quar.)
Union
Natomas
Insurance
Co.
6-20
■aS'tj
(qu.ar.).._
Corporation
Brunswick
Paper
6-17
6-30
6-14
7-
1
6-
1
G-30
6-15
7-
1
6-15
7-15
7- 1
7- 1
6-15
6-15
6-17
6-17
6-
7
7- 1
7- 1
6-30
7-15
7- 1
7- 1
6-
1
-
Co.,
$1.12%
$1.50
$1.50
England Laundries, $6 preferred (quar.)
England Power, 6% pfd. (quar.)
England Telephone & Telegraph—
$1
Reduced
New
Hampshire Fire Insurance Co. (quar.)_
50c
New Haven Gas Light (quar.)
40c
New Haven Water (s-a)-r+
—$1.50
New Jersey Power & Light, 4% pfd. (quar.)_
$1
New Orleans Public Service, Inc., common—
5614c
preferred
7-15
G-27
Co.
Telephone
$1.183/4
(quar.)
Louis RR.—
7- 1
7- 1
7- 1
8-
5
8-
5
6-15
6-17
6-20
6-30
6-14
6-15
6-15
6-18
6-20
6-30
6-10
7- 1
6-30
7-1
7- 1
7- 1
7-1
6-
6
6-15
6-15
6-
7
6-
6
6-
6
Harlem
&
10%
$1.50
RR.
preferrred
Co.,
common
7-
6-
3
6-10
7- 1
6-10
60c
J._
1
$2.50
(s-a)
(s-a)
7- 1
$2.50
(accum)
prefeired A
Y.
6-25
6-15
1
1
Y.
Electric
State
&
New
Yorker
Newark
6-15
933/4c
$1.12%
6-10
$1
7- 1
7- 1
7- 1
6-17
6- 9
6-
Gas—
preferred
preferred
$4.50
7- 1
<s-a)_„__
(quar.)
(quar.)
New York Trust Co. (quar.)
$3.75
75c
25c
York Mutual Telegraph
;
.
Magazine
(Ohio), 3% pfd. <quar.)_
$1.50
Company (quar.)
50c
Newport
Corp., 33/4% pfd. (quar.)_
933/4c
Newport Industries, Inc., 4V4% pfd. (quar.)
$1.06%
Niagara Wire Weaving Co., Ltd. (quar.)„__.
$40c
Nicholson File Co, (quar.)
-——
30c
Special
20c
Noblitt-Spaiks Industiies, Inc.—
40c
Nopco Chemical Co. (reduced)
25c
Normetal Mining Corp.,
Ltd
$10c
Telephone
Newberry
North
(J. J.)
Electric
American
convertible
$2
North
7- 9
'7- 1
7- 1
7- 1
7- 2
7- 1
7- 1
6-30
6-30
6-30
6-10
3
preferred
(quar.)
50c
7- 1
&
American
each
common
American
Common
Common
Common
class
American
Northern
Tubes,
Eastern
7-15
6-20
6-28
6-18
6-30
6-15
$1.50
7-15
6-30
$45c
7-
1
6-15
$1
7-
1
;
6-15
30c
7-15
7-1
50c
Co.
6-27
$1
(quar.)'___
com.
6-24
6-
6-28
6-17
20c
(quar.)
^
6-
7
3
62 %c
7-
1
(quar.)
62 %C
10-
1
9-15
(quar.)
62 %c
1-1-50
12-15
$1
(quar.)
common
1
preferred (quar.)
$1 cum. preferred (quar.)
$1 cum. preferred (quar.)
$1.32 cum. preferred (quar.)
cum.
$1.32
$1.32
Penn
preferred
preferred
cum.
cum.
Traffic
Pet
Milk
Light
6-10'
6-10
7-
1
6-10
$1.25
7-
1
6-10
7-
1
$1.12%
7-
1
6-10
$1.15
7-
1
6-ltf
10c
(initial)
1
Coke
preferred
6-10
6-30
6-16
53c
7-
1
6-15
50c
7-
1
6-15
$1.25
7-
1
6-15
(quar.)
&
7-
50c
Co._
1
„
7-15
$1.50
-20c
7-
1
6- 8
6-21
,
'
6-
3
$lc
7-29
6-27
25c
7-
1
6-10
$1.12%
Company, common
4%%
7-11
6-21
(quar.)
Mines, Ltd
7-
1
6-10
(quar.)
(quar.)
Corp.
Petroleum
7-25
7-
Co.
Petroleum
3
2-15-50
30c
Stores
Gold
5
2-
33c
40c
Pennsylvania Telephone. $2.10 pfd. (quar.)__
Pennsylvania Water & Power, common,.;
$5 preferred (quar.)____
Peri on
11-
'
preferred
(quar.)__
preferred (quar.)
Pennsylvania & Southern Gas
Drug
11-15
8- S
50c
4.6%
Gas,
3
8-15
40c
4%%
Circle
5
2-
15c
(quar.)"
Peoples
11-
33c
Penney (J. C.) Company (quar.)
Pennsylvania Exchange Bank (N. Y.) (s-a)_
Pennsylvania Glass Sand Corp., com. (quar.)
5%
prefeired (quar.)
Pennsylvania Power & Light Co.—
Peoples
5
11-15
2-15-50
33c
'
8-
25C
(quar.)
8-15
25c
(quar.)
(reduced)
Co.
Perfect
25C
6-15
&
of America (irreg.)
Trading Corp.—
$1 partic. class A (interim)
Pfeiffer
Brewing
Co.
35c
-
(quar.).
50c
6-30
6-10
6-30
6-15
7-20
7-
$1.50
7-
1
6-
6
$1.25
7-
1
6-
6
$1.12%
7-
1
6-17
$1
'
7-
1
'
$4 non-cum. 2nd preferred (quar.)
Philadelphia Electric Co., common (quar.)
preferred
6-20
15c
_
Philadelphia Dairy Products Co., Inc.—
$4.50 1st preferred (quar.)....
$1
6-13
6-30
87%C
;
Pfizer
(Charles, & Co.), 3% % pfd.-(quar.)
Philadelphia Company, common (cuar.)
$6 preferred (quar.)
$5 preferred
(quar.)__
6-28
25c
;
30c
6-17
6-30
25c
(quar.)
1
6-30
6-
2
6-
1
'
Philadelphia & Reading Coal & Iron (irreg.)
Philadelphia Suburban Transportation Co.—
5%
preferred
Philco
(quar.)
Corporation,
Phoenix
Glass
Stock
Pickle
Co.
pfd. A
7-
1
933/4C
(quar.)
7-
1
%C
Gold
&
Co.
(Hartford)
Mines.
Northern
Plllsbury Mills, Inc.,
Ltd
Ry.
5-31
7-20
7-
7-
1
7-
1
6-
1
7-
1
6-20
6-28
6-13
10c
50C
7-
1
6-10
$1.75
7-
5
6-10
25c
7-
1
6-10
6-23
6-17
7-
6-16
(quar.)
Adams
$1
RR.
"
5
7-15
$1.75
Gas
North
6-30
53 %c
(quar.)
Coal
6-14
$1
7%
preferred (quar.)
Pittsburgh Plate Glass Co.
&
1
75c
(quar.)
$4 preferred-.
_
Pitts-field
6-10
7-
$10c
Petroleum
Co., common
Inc., 4%% conv. pfd. (quar.)
Pittsburgh Brewing Co., $3.50 pfd. (accum.)
Pittsburgh Fort Wayne & Chicago Ry.—
Pittsfield
6-10
6-24
50c
(quar.)_
Pitney-Bov/es.
Common
6-15
6-15
.
6-24
3%
Insurance
Piedmont
6-15
1
62 %c
3%%(quar.)
dividend
Crow
7-
50c
1
6-
6
1
6-25
7-
1
7-
1
6-13
6-20
6-
3
Pittston
Polaris
Company
Oil
Co.
(quar.)
Mining Co. (quar.)
Sulphite & Paper Co.—
6-22
8-
2
6-10
Common
4%
10c
(H. K.)
partic.
preferred
Company, 5% pfd.
(quar.)
$1
62 %C
(quar.)__«.
(quar.)
,
Portland Woolen Mills, 6% preferred (quar.)
Potomac Electric Power Co., com.
(quar.)^„
6%
■6%
75c
6-15
6-24
7-20
6-15
6*. 4
6? 3
6-15
6-
6
6-25
6-15
>15.
-
6-1$
6-24
6-30
6-30.
45c
6-
6
1r
22 %C
preferred (quar.)
of Canada, Ltd.—
(increased)
$45c
_____
,
f
preferred (quar.)
non-cum.
&
preferred
Lambert,-Inc.
$$1.50
(quar.)
$75c
(reduced)
6-
6
1
Presfed
4%%
Steel
5-31
6-20
6-20
7-
1
Car
9-
1
8-10
12-
1
11-10
56 %C
7-
1
6-20
12 %C
6-30
;Wac
7-15
Co., Inc.^—
preferred A (quar.)
Corp., 5% preferred
East
Dome
Mines,
(accum.)
Ltd
&
Co., Ltd., 4% pfd.
Proctor & Gamble Co. (year-end)
Refining, Inc
Prophet (Fred B.) Company—:
Froppcr-McQallum Hosiery Co.—
5% 1st preferred (s-a)
(s-a)__
i$2
•
(s-a) _:
7"
1
6-15
6rl5
/
6-
6
$1
6-30
6-10
$1
;
Producers
preferred
6-15
America
Preston
2nd
,
7-15,
7-15,
25c
of
Prestole
Erotners
6-30
',
25c
Metals
60c
Common
$5
.
Corp.
Pressed
Price
45c
$1.50
Common
D
2
1
(quar.)
non-cum
Porter
Pratt
5-31
6-16
Pore-Huron
Portland General Electric Co.
6-15
6-25
9
7-
6-15
45c
6-25
25c
(quar.)
Telephone,
6-15
1
$1.50
Ltd
Pipe Line—
Transportation
1
7-
$1.12%
(quar.)
(quar.)
Pictures
7-
25c
(quar.)__
6-23
6-20
1
(quar.)
Co.
6-
50c
Co.
5c
6-20
7- 1
7- 1
Co.
6-15
2*
7-
Gas
6-15
1
6-23
6-
7- 1
Natural
1
7-
8c
6-27
5-31
—
7-
50c
50c
'6-20
6-20
15c
37 %c
■
(s-a)_
Plymouth
75c
,
Co.
6-14
75c
(quar.)
'
6-
75c
Refractories
6-10
6-15
9- 1
7- 1
^7-15
North Carolina RR.. ;.7%
guaranteed (s-a).;.',^|3.50,4, ^8r 1
North Shore Gas fcd.. (quar.)——*
40c ,,.' 7r 1
North Star Oil, Lt&. '7%
pfd. (quar.)
.^ 38%^ .,'7- 2
Northern 5 Indiana-Public Service, common—" ./30c
',,6^0,
4%% convertible preferred (quar.)———
22%c
,6-30
North
1
V 1
C—.—1
B
7-
15c
$1.50
$1.37%
A
class
class
6-10
$1.25
-
6-10
1
6-17
6-15
class
Common
Telegraph
Service
preferred
Common
;
1
7-
6-23
Investment Corp.—
preferred
(accum.)
preferred (accum.)__
American Rayon Corp.—
7-
$1.25
$25c
6-15
.
'
T
6-30
25c
held)
5%%
Public
3.60%
four shares of
6-10
$$1.25
(quar.)__
Telephone & Telegraph Co., common
preferred (quar.)
Power
dividend
Cash
6%
Light for
6-10
1
25c
$8.50 par value, of Kansas
common,
North
1
7-
(reduced quar.)_____^
Placer Development, Ltd. (s-a)
Plough, Inc. (quar.)
6-15
Partial liquidating distribution (one share
Power
7-
$2.50
J.
Company—
6-
$15c
j
(s-a)„_.
6-30
Car
American
6-$5
1
6-20
Pioneer
Honduras & Rusario Mining Co.—
Y.
Interim
7-15
7-
$1.12%
(quar.)_
Lighting Corp.—
preferred (initial quar.)
Phcenix
Chicago & St.
6%
7-15
8-15
$1.50
preferred
5%
Intermouutain Express
Common
50c
17%c
25c
$13c
20c
13c
(quar;)-
(reduced)
Ltd. (quar.)
New
England Electric System (quar.)
New England Fire Insurance Co,
(quar.)
New England Gas & Electric Association—
4%% preferred
(quar.)
N.
6*
35c
(quar.)__
(quar.)
Corp.
Fire
Nekoosa-Edwards
New
6-15
7- 1
8-15
8-15
6-30
Company
N.
7-
$1.12%
53%c
47 %c
%25c
(quar.)
National
25c
15c
(quar.)
Co., 4%% preferred
National Terminals
N.
7-15
6-24
7- 1
'
preferred
National
Y.
2
6-10
$1.25
(s-a) *
(quar.)__.
434%
12;
7- 1
7- 1
25c
common
N.
1-1-50
6-30
8- 1
6-15
(reduced)
National
Supply
7-15
8-15
Common
1
Co.._
National Sugar Refining Co.
New
7- 1
10- 1
;
Machinery
National
New
3
15c
.
Cooker
Radiator
6-15 *
8-15
t25c
•
Common
25c
preferred
Co.
Pressure
National
New
6-
$1.25
25c
______
National
New
7- 1
$1.12%
& Light—
liquidating
National
7- 2
t25c
Aggregates, lnc.__:
Indemnity Co. (quar.)
Peninsular
Power
Partial
Nehi
6-16
$1.50
preferred (quar.)—_—.—
preferred (quar.)
Malleable & Steel Castings
National Motor Bearing Co. (quar.)
3.8%
7- 1
7- 1
6-15
(quar.)_
com.
5%
4% %
6-15
(quar.)__—___
4Vi%
National
6-15
1
$l5c
$15c
25c
National
National
7- 1
7-
$37Vic
25c
$30c
___.
common
Atlantic
Parmelep
$15c
Ltd., class B
preferred
Linen
National
pref.
Paramount
t20c
(quar.)
(quar.)
Lead
9-20.
(quar.)
Paraffine Companies Inc.,
4% preferred (quar.)
6-15
7- 6
(quar.)
A
National
6-20
2
$25c
Coast
4%
10-19
10-29
12Vic
(quar.)
(quar.)
Co
Gypsum
2
$$1.75
(quar.)
Investors, Inc.—
(quar.)
:
&
Panhandle
7-22
1
pfd.
6%
Brush Co.,
Paciiic
6%
6
,
...
Class A
8-
(Hartford)—
common
e-m;,
710-
$25c
'
American
Pacific
$15c
Ltd.,
1
prefeired
$4.50
50c
National
6-17
7t
(quar.)_
com.
Pacific
8
7-15
Co.
Page-Hersey
Quarterly
National
1
25c
(quar.)
common
6-J5
6-30
$2
Debenture
Pacific
6-18
2c
2c
Co.,
6-24
$1
'
America-
(quar.)____
Pacific
Welding Machine Co.—
Glass
20c
3
f40c
Pacific
7*
7- 1
Quarterly
$1.50
1
$1
Co.
6-10
preferred (quar.)
Pacific
Quarterly
Insurance
6-30
,
Fibre
$1.50
6-15
50c
Bank (N. Y.)
Lines, Inc.—
$4 preferred A (quar.)
Fire
6-20
Light, Heat & Power, Ltd.. common.
Pacific
6-20
'
City
National
of
Products, Ltd.,
Elevator
5%
Ox
9
City
Electric
6-15
1
'
Extia
National
National
1
7-
Corporation, 8% pfd. (quar.)_
Beauty Supply Co., Ltd.—
Steel
Ottawa
8-23
6-10
-
Stores
6-
7-
t$1.25
Co.
preferred A
preferred (quar.)
i_
Oswego Falls Corp., 4%% preferred
6-10
Department
6-20
30c
(initial quar.)
,
4%
Loan, &
5-31
6-16 *
1
7-
37 %c
pfd.
7%
7- 2
National
6-15
6-20
$2.50
Extra
7- 2
'
(quar.)
6-10 '
1
97 %C
C%
Insurance
Ontario
Otis
_
common
Lifo
Ontario
preferred (quar.)
6-8
7-
(annual)
.
Co., common.
National Breweries, Ltd.,
6-8
6-24
6-30
28c
Send,
Industries,
5%
Inc.
5-26
6-24
Participating convertible preferred (quar.)
Participating convertible preferred (quar.)
6-10
6-10
North
+40c
Ontario
7- 1
50c
25c
6-
North
•
Omnibus
7-
5-31
5-31
,;.i 50c.J?
($I'.j75
6-10
7-15
t
Line
6-13
6-24
7-2
7- 2
$1.75
(quar.)_i;.
40c
50c
_
(irreg.)
2
50c
Quarterly
15c
Biscuit
7-
$1,25
prefeired
Olln
25c
6-17
7..
7-,
f, it. 7£105^ :r7-
Old
6-16
40c
$50c
f44c
It 1
62%c
(quar.)
6-15
7- 2
6-30
6-20
7- 1
6-3
6-17
(irreg.)
common
Montreal Locomotive Works,
,
7- 2
$3.50
$4.20
6-15
6-10
6-16
11-15
6-1
6-17
6-17
6-20
6-15
6-15
+$1.80
Monongahela Valley Water, 7% pfd.
Monroe Auto Equipment Co.—
5% preferred (quar.)—
7- 1
$1.183/4
$20c
93%c
National
6-15
%2bc
Ohio Water Service Co
6-
6-24
v
6-15
3.90%.
6-15
6-15
$$1.12%
6-29
Corp.
(s-a)
Nation-Wide Securities Co..
6-4
1
Common
6-28
t25c
__
Ohio River
6-30
7- 1
(Winnipeg)—
6-13
75c
35c
12Vic
"
Chemical
5-31
6- 7
...
,
,
6-13
6-20
11-23
$25c
,
preference (quar.)
Monarch Life Assurance Co.
Semi-annual
6-15
7- 5
6-17
6-17
7- 1
7- 1
6-30
7- 2
12-15
7-1
7- 1
7- 1
-■ 1- 2
7- 1 '
7- 1 -
.
6-13
6-20
9-12
12-12
62V2c1
-
Molybdenum Corp. of America (quar.)
Monarch Knitting Co., Ltd., common
Monroe
'
6-20
guaranteed
2
$1.10
Mississippi Telegraph
7-14
12c
National Aviation Corp.
&
$1
12c
7%%
710-
25c
25c
(quar.)
6-15
t?.5c
Match. Co.
$3.37%
$3.50
(quar.)
& Bros,
1
6-21
Ohio Public Service Co.—
(quar.)
new
..V,
.
preferred (quar.)
Molsons Brewery, Ltd. (quar.)
5%
4%%
6-14
& RR.—
Semi-annual
$1
7- 1
56Vic
4Vi%
preferred (quar.)
Creek & Mine Hill Navigation
Mill
$1.25
1
A
v
$30c
$1.25
Ohio
Nashville & Decatur RR.—
6-15
preferred (s-a)
—
—
Mengel Company, 5% 1st pfd. (s-a)—__—
Mercantile Stores, 7% preferred (quar.)
1
A
(F. E.)
7-
(quar.)_.
7-
preferred
Nash-Kelvin8tor
preferred
6-11
preferred
Myers
$2
(quar.)
common
7-15
(quar.)
America—
of
6-15
;
Co.,
6-29
4.8%
6-15*
15c
5c
(qusr.)
Distillers, Ltd.—
Year-end
Co.
6-11
1
$1.25
Ohio
common
.'
1
7-
class A
7-
(s-a)___
1
7-
Ltd., common (quar.)
25c
RR.
7-
35C
$1.50
(quar.)
B
Edison
4.4%
6-24
1
6- 6
be
Flour Mills,
Class
4.8%
6-20
7- 1
7- 1
partic.
Merck
6-20.-,
6-30
7- 1
(s-a)—.
Meadville Telephone, 5%> pia. ts-aj—.
6%
Chemical
7-
6- 6
6-20
Co
25c
Mills,
Co.
Oil
$1.25
(quar.)
6%
(quar.)
6%
(quar.)
Mutual System, 6%
preferred (quar.)___
Mutual Telephone Co. (Hawaii) —
6-10
7- 1
7-15
preferred
Melchers
-
25c
—
$1.75
preferred
preferred
preferred
6%
.
$1.06%.
prefeired (quar.)
Mead Johnson & Co., common
6-20
Ohio
___.
Extra
4%%
4%
7- 1
133/4c
(quar.),—
6-30
(quar.)
(s-a)
Manufacturing
Mutual
Corp.—
McQuay-Noiris Manufacturing—
Common
(reduced
quar.)—'
Extra
Co.
National
convertible preferred
5%%
$1.50
._
6-20
93%c
(quar.)
Leather Co.
Ohio Brass Co.,
6-15
_
6-16*
6-17
6-17
6-10
75c
(quar.)
pfd.
$4
6-30
Haven
Holdere
Payable of Ree.
50c
(quar.)
Northwestern
National
75c
$1
■
class E
& Co.,
Co nay
common—
(s-a)
preferred
McKee
,___—
Company,
preferred
Oceanic
preferred
Northwestern
5-27
National Cash Register Co
.
10c
(quar.)
62 Vic
(quar.)—50c
Stores Corp., common
conv.
preferred (quar.)
6-25
7-
3%%
5-27
Ogilvie
Co., 4%% preferred (quar.)
Murphy Paint Co., Ltd
Murray Corp. of America, common (quar.)
4% preferred (quar.)
;
:
Murray-Ohio Mfg. Co.
Muskegon Piston Ring
€-15
6-15
6-16
6-15
9- 1
12- 1
6-30
6-30
7- 1
6-30
$2.50 preferred
McCord Corporation,
6-15
1
50c
Murphy (G. C.)
8-15,8-15
8-15
8-15
88c
25c
(quar.)
7- 1
5S3/aC
(reduced)—
Brass
7%
preferred (quar.)./
7% preferred
prior preferred
preferred (s-a)
Mullins
7-30
6- 6
6- 6
6-30
9- 1
9- 1
9- 1
9- 1
7- 1
7- 1
7- 1
7- 1
6-15
15c
(quar.)
Carbon
Port
Mueller
Newspapers
McClatchy
7%
Co., Ltd., preferred
(L. M.)
8- 1
6-30
85c
10c
12 Vic
10c
$50c
(quar.).
Company
(The)
McBrine
6-15
5-31
$1.75
75c
933/4c
933/4c
—
May Department Stores, Co., com. (quar.)—
$3.75 preferred (quar.)
$3.75 preferred (series 1947) (quar.)—_—
$3.40 preferred (quar.)
—*
McAleer Manufacturing Co., common
5 % convertible preferred (quar.)
McBee
6-25
6-25
$3
50c
Inc.-
common
.
1
»,
Paper
Northland Greyhound Lines—
5-27
59%c
Vernon-Woodberry
7%
7-
Telegraph Co. (s-a)
Norwich & Worcester RR., 8% pfd. (quar.)_
Nova Scotia Light & Power, Ltd.(quar.)
$$1.75
^
—_,
$6.75
6-11
lc
11c
—
Massachusetts
6-30
5-27
Consolidated, Inc.—
Carbon
&
7- 2
7- 2
7- 2
7-2
t
53
$1.50
Mills, common
6% preferred (quar.)
■
$5 preferred
(quar.).
Inc.
6-15
(quar.)
(quar.)
Finance,
7-15
Northern
When
Share
6-14
$75c
t25c
(quar.)
u
■
Mount
6-15
25c
25c
52Vic
$1.05
31%c
$1.12%
—
——
(irreg.)
(quar.)
Corp.
Motor
6-15
6-18
6-24
6-24
6-11
10c
common
Maryland Casualty Co., common
$1.05 conv. preferred (s-a)
7%
7- 1
6-30
7- 1
7- 1
7- 1
7- 1
7- 1
Realization
Martin-Parry
$2.10
$1.06%
40c
$1.50
$1.50
20c
75c
—
(quar.)
preferred
Mar-Tex
75c
common
•
Mount
(quar.)
pfd.
preferred
7%
Company
6-30
,
Goods
preferred (quar.)
Morris Plan Bank of New
Cafeterias
Per
Name of
Payable of Rec.
t$ 1-75
preferred
Dry
Mills
Paper
Morrison
20c
25c
$1
(quar.)_;
Sons
&
(M.)
Marshall-Wells
6%
Morris
6-20
6-20
6-20
(quar.)
4%%
Co.,
R.)
(Wm.
6-20
(quar.)
&
(quar.)
common
cvonvertible
43/4%
Moore
(Ind.) —
Co.
Mfg.
Cement
Field
Forging,
Drop
7-15
7- 1
7- 1
Corp.
prefeired
Marshall
6%
Mcore
7-15
(quar.)
A
Mailin-Rockwell
Martel
7- 2
$17%c
(quar.)
Inc., common
Basket,
Marsh
7%
6-20
6-30
6-17
6-il
Co
—
$20c
preferred
6%
7-15
Ltd
43/4 %
Common
$1
7%
7- 1
7-15
7- 1
7- 1
Storage,
$75c
$50c
&
Corp., Ltd., common
preferred (quar.).
preferred A (quar.)
preferred B (quar.)
4%
6-20
Telegraph & Telephone Co., Ltd.—
Maritime
Market
6-24
7-15
t25c
$1.25
50c
20c
$1.75
Maple Leaf Gardens, Ltd
Marathon Corporation, 5% preferred (quar.)
Marchant Calculating Machine Co. (quar.)_
Marine
7- 2
60c
—
(2685)
Holders
When
Share
6-10
(Toronto)
Semi-annual
Manufacturers
7%
of Company
6-21
Extra
CHRONICLE
Per
Name
Payable of Nee.
$1
$1
Manschewitz
FINANCIAL
&
Holders
When
Per
Share
Name of Company
COMMERCIAL
6-20
6- 1
•
t
'
,20c
6-30
$2.50
V7r'
$2.50
7-
1,
1
6-20
.
6-20
6-20
54
Per
Share
Name of Company
Prosperity Company,
&
(quar.)_
$1.25
7-15
7-
5
Co. (quar.)
30c
6-27
6-
6
$2.50
preferred
Public Service
4%
of
Co.
of
6-20
1
6-15
$1
(quar.)
Electric & Gas Co.,
40c
Publication Corp., com. non-voting
6-
1
6-24
6-10
50c
—
6-30
6-24
6,-10
7% original preferred (quar.)
Puget Sound Power & Light—
$1.75
7-
1
$1.25
7-15
50c
6-30
5%
6-17
7-
Securities
6-23
6-10
$1.25
15c
Froducts,
R. &
A
Class
Inc.,
Company,
7-11
6-30
Shaler
6-13
Shamrock
8-
Sharon Steel
$2c
7-
1
J-10
2
Sharpe
Reading
C.
Reai
(s-a)—
6-15
Shellmar
7-
1
6-17
4%%
7-
50C
(quar.)
4%7* pfd.
Stores,
Roller
1
1
9-
2
1
6-10
Common
1
6-15
7%
preferred
Shuron
Optical
7-14
6-23
Sick's
7-
6-
Sherv/in
$3
11-15
8
$15c
7-
1
6-10
Sommers
7-
1
6-15
Sonotone
12 Vac
(quar.)
Co.
(quar.)
& Brass,
7-
1
$1.31(4
8-
1
7-
1
25c
7-
1
6-15
7-
1
6-15
7-
1
6-10
Southern
7-
1
6-15
Southern
$1.75
10-
1
9-15
Southwestern
$1.75
7-
1
6-15
$1.75
10-
1
9-15
Southwestern
6-29
6-15
10c
Common
6-14
3.90%'
preferred
4.15%
preierred
5%
7-
1
6-20
7-
1
6-20
7-
1
6-20
8-
1
7-
1
25c
(quar.)
9-15
9-
1
25c
—
-
12-15
12-
1
7-
1
6-15
Standard-Coosa-Thatcher Co.
$1.25
7-
1
6-15
Standard
25c
7-
1
6-10
15C
7-
1
6-13
30C
7-
1
6-13
50c
6-20
20c
7-
1
6-15
18%c
:
(quar.)
(quar.)
convertible
preferred (quar.)
Inc., common.:.-'—.
preferred (quar.)—:
:
7-
1
6-15
75c
Ruppert
Company
(Jacob)
Russell
,
pfd.
(quar.)
Industries,
W.
4%
Fine
Foods, Inc.,
convertible
common
preferred
(quar.)
,
,
5preferred A (quar.)
St.
Louis-San
Francisco
conv.
preferred A vtc
5%
conv.
preferred
Regis
4.40%
Paper
1st
Jose
Co.—-'
s-ft)
(quar.)
;
6-30
6-10
Radio,
50c
—_
Works, common (quar.)
Electric Co. (quar.);-;
___
6-30
6-10
Standard
7-31
7-15
Class
7-31
7-15
B
Standard Screw
class
Co.,
50c
6-30
6-15
7-
1
6-10
Standard
Silica
$$1.06
7-
1
6-
Standard
Stoker
7-
1
6%
9
6-15
6-30
Class
6-15*
B
Starrett
S.)
$1.50
5
Coach
7-20
6-15
1
'7-15
common
208
8-
South
Tyler
Union
Asbestos
6-15
Union
Carbide
Union
Gas
50c
9-
1
1
7-15
Pacific
Stock
Twist
Drill
Union
Trusteed
6-15
Union
6-30
Preferred
6-13
Union
Common
8-
1
7-15
United
8-
1
7-15
United
50c
7-
1
6-17
United
Fruit
United
Fuel
6-10
6%
United
6-27
United
6-18
United
7-
1
6-18
7-
1
6-18
7-25
6-30
6%
6.36%
7-25
6-30
are
6-10
6-24
and
1
6-21
60c
6-30
6-17
7-
6-17
the
7-15
6-21
(quar.).
1
$3
12»4c
\
1
8-15
8-
United
6-15
8-
1
7-11
6%
8-
1
7-11
U. S.
50c
6-29
6-17
U.
S.
6-30
6-15
9-15
U. S.
preferred
(quar.)
$1.25
12-31
12-15
Steel
50c
6-15
7-
1
6-10
Bros.,
Products
Ltd.
4 Va %
Stetson
$1.25
7-
1
6-
Stewart-Warner
(quar.)
$20c
8-
1
7-15
$10c
8-
1
7-15
Schuylkill Valley Navigation & RR. (s-a)
Scott Paper Co., $3.40 preferred
(quar.)
Seovill Manufacturing Cc., common
$1.25
8%
8
5%
-
7-14
7-
85c
*
8-
7-15*
50c
7-
1
6-14
91'Ac
9-
1
8-12
$1.25
9-
1
8-12
$1.25
pfd." (quar)_n _,83%c
1
...7-1
.
1
-6-10
Stern
&
Corp.
preferred
6-30
(quar.)—
(quar.)—-
(increased)
S
U.
6-17
6-21
8-15
8-
U.
5
50c
6-30
6-14
1st
S.
S.
'
•
6-20
6-
4
6-20
6-
4
7-15
7-
1
7-
6-23
1
-
;
25c
7-
2
6-10
7-
1
6-
3
8-
2
7-
7
ioc
7-
1
6-17
•
"
(quaf;)
25c
6-22
6-15
6-22
-
6-15
6-22
6-15
Ltd—
7-
1
6-
6
85c
6-30
6-20
50c
6-29
6-20
'
"
6-20
6-20
24c
—
6-10
6-20
13c
*
6-20
6-10
'
6-10
6-10:
lie
6-20
6-10.
$25c
7-15
6-30
$1.75
.7-1
6-14
50c
7-15
—
(accum.)
$75c
(The)
6-
;
9
7-
4
7-
1
6-30
5-33
7-
6-13
20c
6-30
(irreg.)
(Del.)
*
6-10
65c
(s-a)__
6-10
1
6-10:
—
50c
53c
!_..!
53'Ac
7-
1
7-
1
7-1
above
redemption
on
$101, the 6.36%
share
per
plus
.
al7'A%
a2'A%
$2.50
common
It 5
7-
5-24
5
5-24
.
(quar.)
Co.
62'Ac
(Baltimore)
:
7-
5
.6-15 ;
.
6-15
'
7-157-
—
'
:$i
75
7-
20c
—
'7-
20c
—
$1.75
——
*
1
6
7-- 6
1-
6
'
5-10
5-10:
(1
6-15
6-15
j
"•
6-15
.
1
Corp.—
!__!
(quar.)___.
I
$l,12'/2
$1.50
!
(quar.)
com.
6-27
|
*"•
(quar.)
•6-20
'
I' 5'
50c
(quar.)—
Co.
'7-11'
37'AC
(Increased
60c
6-21
6-;30.,.
:
6-21
6:30
6-
$1
7-
1
6-15
"
$1.75
qu&r.)_
!
(quar.)
6-30
7-
1
6-15
:
'
8
International Securities Corp.—
preferred
Lines
Co.
Pipe
&
(quar.)
(N.
preferred
.
——
Foundry
$1.25
22'Ac
Co.' (quar.)
6-30
——.
—_—
1
(quar.)
7-
1
6-21:
-.!
6-15
:
75c
"
6-20
5-31*
25c
1
___
Playing Card
—_1_
J.)
(s-a)___!
Quarterly
U.
9-20
',6-14
$1
1
pfd.
for
Securities
Co.,
preferred
&
6-20
1
6-30
50c
Ltd.—•"
(final).!
preferred
Gypsum
Special
Quar teily
5
11-
S.
1st
-
$12'Ac
1—
Guarantee
4'A%
,
11-15
S.
$5
U.
6-10
31 %c
I
(quar.)___
(quar.)
Foreign
"7%
31V»c
710-
25r
B
preferred
&
U. S.
6-21
6-24 1
(quar.)—
(quar.)__
(quar.)
1
1
6-21
10c
Co., class A
1
1
6-
1
1
;
preferred
preferred
Foil
'
6-24
7-
7-
(resumed)
(s-a)
7,%
Co.—'
Finishing
7-
7-
1
'
62'Ac
(quar.)
7-
7-
1
37V2c
Fund——!
Machinery,
prefeired
7-15
6-21
6-
62'4c
'_
7-15
1
6-24
$1.50
Shares
_L
6-16
1
6-30
Jersey Railroad & Canal Co.—
6-16
9
11-10
7-15
37'Ac
(quar.)_
(quar,)
_____—
1
7-
8-10
11-15
dividends.
7-
7-
"8-15
55C
registered
$4.50
£0c
•
(quar.)
(quar.)
Corporation
S.
5
25c
18c
Ltd.
at
$0 2nd preferred
$1.25
(quar.);
Corp.—
preferred
preferred
7%
U.
1
J$1.75
(quar.)
25c
$105
6-17
7-
'
6-16
Fund
at
1
25c
:
7-
i7C
6%
7-
25c
2
"
1
6-15
—_____
called
87%c
25c
common
7-
$1.25
7%
$1
(quar.)
Strawbridge & Clothier, $5 pfd.
Stromberg-Carlson Co., 4%^pfa.
Sludebaker
25c
6-15
13%c
The
50c
common
—
Wells
6-15
6-15 '
2
(quar.)
Y.)
Fidelity & Guarantee
Class
6-15
U
(quar.)
B.), Company,
preferred (s-a)
Struthers
2
6-30
Textiles,
preferred
(John
Stokcly-Van Camp,
$1.07'A
preferred (quar.)
preferred (quar.)
Co., 3,3$fc
Stern
7-
7-
2
7-
7-
(quar.)
56c
-
6-18
J20c
20c
——
Sterling Aluminum Products Co.___>i_"
Sterling Drug, Inc., 3Va% preferred (quar.1)
5-23
6-18
_J.__
(quar.)
Engineering:
6-17 /
1
7-
J$1.12'A
preferred—!
above
Shoe
7%
9-30
7-
7-15
preferred issues shown
$4 convertible
-
$1.25
""$1.25
6-15 v
7-11
'
Corp.,
Fund
1.
New
United
1
-
6-15 *
62'Ac
pfd.
common
preierred
the
Quarterly
5
7-
tiOc
Company___
6-15
1
7-' 1
31 %c
Co.
Molasses Co.,
United
J 15c
'
2
7-
}25c
(quar.)
Co:
Extra
25c
.
7-
-
5c
(N.
Stock
being
Ordinary
(quar.)
Stedman
A
July
7-15
(quar.)
'
Corp.
Share,
prior
6-20
7-11
6-15
Y;
preferred
Stock
Co.
three
10c
7-11
2
65c
(quar.)
prior preferred—"____1
The
preferred
3
&
Income
$1.75
3-
6-15 "
7-
Corp.—
Light & Railways Co.
prior preferred—'—
93%c
iioc
5-31
7-4
Illuminating
6-27
1
$ioc
61-15
6-20
Corporation
preferred
6-
Film
Improvement Co.
6-30
$3.50
1
5c
25c
Gas
5%
1
Co.
Gas
7-
-
Investments, Ltd.—
class
6-30
1
JiOc
—
United
5%
1
Ltd., class A
Bond
Dyewood
18%c
.
7-
2
iquar.)__
pfd.
C
Union
25c
6-15 '
Fund__—
6-20
$1.50
1
$1.75
(quar.)
Fund
1
-J
Bond
1
75c
Q-15
7-
15c
-
—
of Omaha,
(quar.)
Funds, Inc.—
7-
25c
6-
6-25
Co.
Bond
Union
6-20
6-10*
7-
87'Ac
7 %
A
1
6-30
RR.
Fund
6-15
1
6-20
' 3oc
;
—
Bond
1
7-
50c
Ji5c
(quar.)
Yards
Union
.6-20
*
1
25c
Union
7-
6-10
(quar.)'—
Union
6-15
'
7-
93%c
$1.25
Co.,
Mfg.
7-15
1
-
6-10 :
f25c
Co.
Metal
preferred
7-15
$1
—
6-15
Extra
$6
7-15
:
2
6-10
—
Co
1
94c
;
7-
'
:
common
Union
(quar.)
6-17
6-30
Canada, Ltd
1
5
•"
6-17 *•-
1
Carbon Corp
of
1
7-
G-17
1
7-
6-30
(s-a)
Rubber
&
&
Co.
o-
7-
7- 1
$1 12'/2
(quar.)__
8-
10c
•
t25c
St
Trust
8-
13c
6-28
7-
(irreg.)
$1.25
.—
(quar.)_:
(quar.)—
Investment
Union
Co.—
7-11
J$1.25
$1.50
Corporation
Union
8-15
o-
A
(quar.)
Transit, 5% pfd.
preferred
7-
92Vac
"
Ltd.,
Corp.,
Underwriters
9-
40c
B
Fixture
Udyllte
7-13
*
50c
Salle
5-31'
7-15
4
6-15
Ltd."——______
Co.,
Inc.
6-30
12-
$1
La
7-15
1
-
7-20
6-25
25c
preferred
6-20
—
.
1"
31'Ac
Quarterly
5'A%
Corp.
(quar.)
Co. (reduced)—.
8-
31'Ac
(quar.)__
(year-end)
Co.,
Co.,
$1.25,
;
62'Ac
50c
(quar.).:
Rapid
Tybor Stores,
Co.—
(quar.)—
1:
6-13
6-13
62'Ac
City
Twin
6-20
6-13
1
(quar.)
Twin
6-30
1
7-15
7-
25c
—_
Century-Fox
conv.
7-
31'Ac
'.
5
9-15
1
Electric
A
57'/ac
•
SI.O6V4
Insurance
Tobacco
Common'
12-15
7-
3.65%
Twentieth
5
7-15
$1.20
(quar.)—.
(L.
7-
4.30%
5
6-
8-15
Oil
Corp.
Universal
6-
37'Ac
pfd.
Quarterly
7%
Stanley Brock, Ltd., class A
50c
6-30
Scfcaiftori
7-
Trinity
Tuckett
Ec
preferred A (s-a)
30c
Company,
7-
(reduced)
Co,
(quar.)
10c
_____
Mining Syndicate, Ltd,_!
Savannah & Atlanta Ry. Co.—
5%
preferred (quar.)
&
7-31
7-31
(Ohio), 3%% pfd. A (quar.).
Standard Power & Light, $7 pfd. (accum,).
25c
$1.10
Loan
Association,
iij—i
Extra
Class
28c
28VaC
Products
5
$1.25
Saudi Arabian
Scarfe
6-30
6-30
6-20
$1.25
Water
Sangamo
50c
27c
7-1
130c
Stecher-Traung Lithograph Corp.— i;
(quar.)
(quar.)
7-
Oil
Co.—
Remedial
(increased
Pacific
6-14
7-31
5%
vtc
pfd. series A
Francisco
Ltd.,
Standard
Ry.<
5%
A
Milling
6-10
$1.25
Rocky Mountain &
Y 6-30
(accum.)—.
Standard
1
prefeired
50c
——
-
(quar.)—,
United
$7 prior preferred
7-
6-10
7-
25C
4'A%
25c
———
(accum.)
'
6-16
(quai.)_
Corp.* Ltd., class A
Trico
.
:
6-16
6-30
(quar.)_____
Tretswect Froducts
1
Electric—
&
7-15
$$1.75
(quar.)_
Royalty Corp,
*
!___
Safety Car Hecting & Lighting Co. (quar.)_
Saguenay Power Co
Ltd., 4(4% pfd. (quar.)
St. Joseph Light & Power—
Louis
5
Gas
B
6-16
(quar.)
$6 prior preferred
6-25
$20c
Sabine
St.
Standard
5
Finance
Cias
7-
&
$1.75
$1.12'A
Ltd., common——
preferred (quar.)—
7%
&
;
4(4%
7-
Traders
$1
f_—
(quar.)
Fruit
6-30
;
Corp.—
6-16
Steamship Corp..
$3 participating, preferred (quar.)
Patriclpating
1
6-10
7-15
prefeired
$1
(quar.)
preferred
1
Corp. —
(reduced (quar.)
Common
Standard
prior
$1.03%
(quar.)„_
6-15
J25c
4'A%
Company
Securities
$1.75
1
Factors
50C
__
Ruberoid
50c
prefer) ed
Towne
7-
Stahl-Meyer, Inc., $2 to $5 prior preferred.
Staley (A. E.) Manufacturing Co.—
6-15
$3.75
Torrington
$1
1
6-24
I:—————
7-
(quar.)_
7-
1
(increased)-:
com.
—
7-15
(quar.)_——
$1.25
com.
7-
97'Ac
$1.25
common
Refining Corp.,
6-17
Quarterly
47V2c
Square "D" Company (quar.)
25c
Squibb & Sons, common (extra).——25c
$4 preferred A
&
6-17
1
t$1.50
Investors. Inc.—
Springer Sturgeon Gold Mines, Ltd
Springfield Fire & Marine Insurance
$4 preferred
Oil
1
1
7-
.
6-10
(quar.)
Mortgage Co,,
b
(quar.)
6-15
(quar.)
6-
7-
10c
Sovereign
'
7%
preferred
1
$1.25
(quar.)
$1
(quar,i„_
6-10*
6-15
Inc.
6-30
$1.12Va
(quar.)
6-10*
1
Brothers,
Extra
——
1
1
preferred
Toronto
1
Co.—
1
7-
Corp.,
6-10
6-
(quar.)_
—
'
7-
Works, Ltd., Common <quar.)_
tl5c
participating class A (quar.)J 15c
$1.25
——
2
7-
convertible
Service
(quar.)
7-
20c
prioj
6%
Fublic
$1.12'A'
Cable
1
6-15
(Texas)
6-10
Iron
6-30
_1
(quar.)
6-20
preferred (quar.)—
Pendleton, Inc
7-
Co.—
Insurance
preferred
6-15
&
Electric
7-
$20r.
(quar.)—,.:
Toronto
1—
7-
$10c
—
Royal Typewriter Co.,
San
Southwestern
6-20
1
Roosevelt
San
6-20
1
7-
Quarterly
St.
1
$50c
.
Rockwocd & Company, 5% preferred
5%. series A preferred (quar.)—
6-20
40c
6-30
Corp.
1
68%c
com._
6-10
1
com.
<quar.)_
(quar.)__
Royalty Corp. (s-a)
Ltd.
(interim)
15c
62V2C
,
6-10
1
7-
'
Bros.,
40c
(quar.)
$2
Ages
1-
6-17
Co.,
1
7-
(quar.)—
prefcned
Tooke
4
1
(quar.)
&
Life
(s-a)
of
Roos
Gas
Telephone Corp.,
common
1st preferred series A (quar.)
Roeser
Co.
preferred
7-
$50c
7%
6-30
Toklan
—.
20C
Rochester
4(4%
:
7-
20c
Detroit Axle Corp.:
Tip Top Tailors, Ltd..
Tishman Realty & Construction Co, tquar.)
Tobin Packing Co., common
(quar.)
6-30
(initial)
Pacific
7-
$62'Ac
7-30
—
Electric
&
$50c
——
1
'
6-15
6-15
$1.06V4
—
(initial)
preferred B
B
preferred
6-
Co.———
29 lie
(quar.)—
Genesee Valley RR.
;
Gas
3.70%
—
7-
6-10
Ltd.
1
6-30
-
25c
preferred
Tide Water Associated
7-30
common
Co., Ltd
7-
Timker.
1
6-29
pfd.
6-15
7Ec
Co.
island),
Markets, Inc.,
prefeired
31'Ac
;
6-15
1
(reduced)
50c
Co.,
(quar.)—1—
England Telephone
New
$1.25
preferred (quar.)
Robertson (P. L.) Mfg. Co.,"Ltd., common-
&
12-10
6-22
1
7-
35c
preferred
Drug Stores,
6-22
preferred
37'Ac
—
convertible
Rochester
12-20
30c
(quar.)—
common
5%
Sill:
Mills, Ltd.
Robinson, .Little Co., Ltd.—1
$3.75
Quarterly
4.8%
New
Cottcn
9-10
______—
Service
(quar.)
Indiana
6-10
—
(Rhode
Stores,
10c
(quar.)
A
4'4%
Sugar
Power
preferred
1
(quar,)
:
—
Mills, Ltd.—
$2 participating class A preferred (quar.)_
Robertsha\v-Fulton Controls, com.
(quar.)
8.
6%
7-
preferred
4%'
Common
$1.12(4
—
6-10
9-20
(quar.)—".
Canada
$1.75
:
6-20
.—
Southern
Dry
—
4'A%
12VaC
.
(quar.)—
Public
90c
preferred
preferred
6-21
$1
(quar.)
4.32%
Southern
(quar.)—
preferred
(quar.)———
Thrifty
150c
participating original preferred (quar.)
cum preferred
(quar.)
4.48%
convertible preference
(quar.)_—
4.56%
convertible preference
(quar.)
6-15
$1.37Va
Inc.
convertible
Thrift
1
7-
Co.—
common
non-convertible
7-15
7.
$1.03'4 "
Mfg.
Ry.,
Corporation
6-15
5%
7-11
10c
&
convertible
25c
Advance Bag & Paper Co. (quar.)_
Southern California Ediscn, common (quar.)
1
$1.25
1
150c
Southern
6-10
Tobacco—
Extra
Rico
Southeastern
6-10
Inc.
Rieke Metal Products Corp. (quar.)
Ritter Company, Inc., common (reduced)
Co.
preferred
2
Goods Co.—
preferred (quar.)
7% 1st preferred (quar.)
7% 2nd preferred (quar.)
7% 2nd preferred (quar.)
Rome
Porto
2
1st
5%
Pittsburgh "Water,
7-
Reynolds Metals Co., common
5(4% convertible preferred (quar.)—
Rock
South
6-10
6-30
6-10
30c
preferred (quar.)__
Inc. (New Hampshire) —
preferred (quar.)__:———
Textron,
1
*—
_
preferred
South
Oil
7-
(reduced)—
$2.30
6-17
2
$1.75
non-cum.
Textron,
8-15
(quar.)—
common
6-10
6-
6-30
-
7-
(quar.)—.
Pacific
&
5%
4
60c
preferred
7-15
6-15
6-10
7-
—
Penn
25c
(quar.)
Inc.
!i
South
25c
5C
7-
2
Ltd.—
Electric & Gas, com. (quar.)
preferred
(quar.)
:
5Va% convertible preferred (quar.)— „•
6-10
$1.50
1
7-
7-
EOc
Carolina
1
*
(quar.)—:
(quar.)——____
Engineering
$1.25
5%
7-
Corp
8-
*
6-10
—:
Texas
Thorofare
2c
__—•——
*
convertible
$1.25
South
Corp.,
.2
(quar.)
(quar.)
Company
Drug Stores Co.—
convertible
;i-
prior preference A
Robinson
(quar.)
(quar.)
Tools Corp.
25C
(accum.)
common
Mills,
Paper
preferred
8%
Extra
115c
Solvay American Corp., 4% preferred (quar.)
4%
Inc.—
Corp.—
preferred
Republic Steel Corp.,
$2.50
preferred
6-30
6-
1
4%%
4.25%
8-
1
6-25
5%
6-15
40c
7-
8-
Riverside
1
50c
$1.12 V2
(Howard)
Common
15c
7%
7-
6-17
6-15
6-10
2
50c
preferred, (quar;)
—
Snap-On
preferred B (quar.)
4.50%
4.10%
1
1
2
:
Ctmmon
(quar.)_
8
7-15
6%
preferred
Tennessee Gas Transmission
50c
50c
6-
1
7%
Corp.
6-15
(quar.),
6-15
8-
Fund,
Iron
&
1
15c
J.)
2
Power,
6-30
$3
1
preferred A (quar.)
Rice-Stlx
Steel
50c
6%
(R.
Tennessee
6-
7-
25c
1
preferred A (s-a)—
7-
9-15
3.60%
6%
7-
9-15
Reynolds
Telluride
2
"
7-
25c
7-
Quarterly
6-15
preferred
6-14
6-3
7-
(quar.)_
25c
1
Copper
6-30
50c
preferred A
5%
6-15
(quar.):
5%
Rayon,
6-15
1
'—'
6-22
7-
Cos.
5%
87 Vac
1
Instrument
Extra
6
Oil
4-26
1
7-
$50c
6-
Smith
1
4%
7-15
$ $ 1.25
7-20
7-
5(4%
Taylor
6-17
35c
—
1
10-
Revere
6-17
8
Texas
8-
10-
Reymer & Bros.,
6-16
1
2
7-
lOc
J25c
(quar.)___
6-15
(quar.)
Smith
(A.
O.)
Corp
Smith, Kline & French Laboratories
6
$5c
Welder
1
7-
6-30
Brewery (quflr.)———
Corp.
(quar.)——
7-
$5c
6%
7-
preference (quar.)
1—
Taylor-Colquitt Co. (quar.)l
7-
I5c
"
56'Ac
Ltd., common
2
(Win.)
7-20
$27c
Resistance
6-
Quarterly
Coventry Ltd.,
convertible
1
(G.).
7-
preferred
6-23
(quar.)
$1
7-
,
1
7-
Tambiyn
Thor
1
A
JlVic
6
7-30
Class
6-20
6-21
—
7-
$28c
1
(quar.)
6-15
tquar.)
7-15
(quar.)
7-
•
6-15
31ViC
52 Vic
(quar.)
$1
(quar.-
1
120c
$$1.75
15c
A
6-20 :
:
common
1
(quar.)
40c
Class
1
-■ 1
1
Texas
50c
—
com—
7-
6-
Sloss-Sheffield
8-15
1
6-
35c
2
Sinclair
1
6-23
1
7-
Skenandoa
9-
6
:
preferred
6-15
1
7-
7-
6-10
5%
3*
12-
4Vz'fo
Inc.,
'
7-
:
_:
1
1
common
Inc.,
(quar.)
(James)
3
40c
Sylvanite Gold Mines, Ltd
Talcott
68-
25c
Electric Products,
preferred
1
6-30
25c
(quar.)
6-25
6-
Y. (reduced)-
preferred (quar )-—
Renfrew Textiles, Ltd., class A
Pictures
6-10
$4
'
:
America-
5c
6-17
$40c
$4.50
Petroleum
6-27
Sylvania
6-10
of
Company
Thermoid Company, $2.50 preferred
Thomaston Cotton Mills
7-
3'A%
preferred (quar.)
Remington Rand, Inc., common
Republic
6-10
Co.
&
6-29
6-30
$40c
(quar.)
Corp.
Republic
Swift
7-29
Sloane-Blabon,
Electric & Engineering Co.,
$2.10
preferred
Reliance Manufacturing Co. (111.) —
Investors
Sweets
6-18
125c
35c
Reliance
Republic
Superior Steel Corp.
6-30
.
15c
(quar.)
6-23
6-18
1
Mines,
25C
1
28Vec
5c
Simon
'
7-
(quar.)
Malting Co. (quar.)
6-15
3
B
5-30
5-31
6-
series
6-20
1
3
1
preferred
7-10
1
—
6-15
1
6-
7-
4V2%
6-30
1
6-10
7-15
26j90c
6-30
7-
6-20
25c
(quar.)___
40c
(quar.)
15c
(quar.)—.—:—
125c
7-
—
Reinsurance Corporation of N.
Stores
7-
Co.
6-20 ;
(reduced)-.,
7-
____
Breweries, Ltd.
.
6-15
A
7-
(quar.)
Sicks' Seattle Brewing <fc
6-17
1
6-30
common
6-30
Canada, Ltd.—
of
Co.
(quar.)
1
7-
50c
series
Ltd. (Quebec)—
—
Silver Syndicates,
Inc
Silverwood Dairies, Ltd., class A (quar.)—
Silvertvood Western Dairies, Ltd.—
6
6-20
6-30
Williams
$1.13%
Bros.,
Reliable
1
Sigma
Inc. (quar.)
Regent Knitting Mills, Ltd.
$1.60 non-cum. preferred (quar.)
$1.60 non-cum. preferred
(quar.)
,
$1.25
7-
$$5
quar.)____
(quar.)
7-
(quar.)
com.
*
preferred
59%c
Corp.,
Corp. of America—
convertible preferred
$1.25
(quar.)-——
A
Co
Bit
G.)
6-17
4'A%
7-
preferred (quar.)
6-
1
(Washington,
(quar.)
preferred
Renold
7-
$1.75
preferred
Owl
Reeves
10-
60C
—-.
5%
Reed
7-
$1.50
-
7%
Red
Products
(quar.)
6-13
Hosiery" Mills—
Silk
Dohme, Inc.
—
1
Co.—
Real Estate Title Insurance Co.
D.
(quar.)
(quar.)
B
Corp.
2
50c
2nd
4%
_
7-
03 %c
preferred (quar.)^—
Reading (Pa.) Gas Co. (s-a)
-
...
(quar.)
(quar.)
(Frank
Corp.,
6-17
1
$1.12
(initial
Tool
Oil
1
7-
Canada
of
com.
Machine
Sundstrand
Sunray
Co.
new
10c
$1.12(4
10c
40c
50c
25c
10c
$E0c
12c
.
7-
93 %c
(quar.)
3%%
(quar.)
Rayonier, Inc. $2 pfd. (quar.)
Raytheon Mfg. Co., $2.40 preferred ((juar.)..
Corp.,
7-
JOc
(quar.)—
Assurance
Sunshine Mining Co.
Sheraton
preferred
preferred
Sun Life
When
Holdert,
Payable of Rec. .
62'4c
common
$1.25
$1.12Va
(quar.)—
Inc
(quar.)
Corp.,
preierred A
6-23
7-
25c
Company (quar.)
Shawinigan Water & Tower, 4% pfd. (quar.)
Sheep Creek Gold Mines, Ltd.—...—
Cc.—
PiiTina
3%%
Gas
preferred
Chemical
Sunueam
9
12V2C
15c
(quar.)___
—
12-
31 V»c
(quar.)
class
<fc
15c
75c
common
$28c
Radio-Keith-Orpheum Corp.
7-10
—
87'Ac
(quar.)—
Corp. of America—
$3.50 convertible 1st preferred
Ralston
&
12-31
9
Share
1949
Corp.—
Propane Gas
Extra
Shares,
Corp.
Shattuck
Ltd.—
Radio
*
Oil
9-
-
preferred
$4.50
8-31
9
(quar.)
Corp.,
preferred
Servel,
5%
Sun
Co.—
American
6-30
7-20
9
6-10
9-30
(increased).
12-
9
6-30
(quar.)—
preferred
prior
7-
10c
Bearings Canada,
M.
A
class
$1.50
(irreg.)
Mines, Ltd
Quebec Manitou
5%
4(4 %
9-
45c
65c
(quar.)...
Rubber
6-17
$1.25
Refrigerator Co
$1.50
Inc.—
Quaker Oats Co., common
6%
pretemd (quar.)
A
6-30
9-30
12-31
(quar.)
common
Acceptance
Seiberling
Selected
,
Purolator
1
Company,
preferred
Seeger
$5
prelerred
conv.
6-18
25c
—
preferred
convertible preferred
6%
6-17
prior preferred (quar.)
—
Puget Sound Pulp & Timber Co. (quar.) —
Pure Oil Co.,
5% conv. prefcned (quar.)__
Putnam (George)
Fund of Boston—
Certificates of beneficial Interest
scries A non-cum.
Gas
6-18
1
$2.50
preferred
preferred
non-cum.
non-cum
Seattle
1
7-
$1.25
—
A
A
$2.60
1
7-
50c
25c
~
vtc
series
series
Seaboard Finance Co., common
1
6-
50c
(quar.)...
--—
6-
6-30
35C
(quar.)
6-30
Per
Name of Company
Payable of Rec.
$4.50
(irreg.)—.*■__>—*..
5%
6-15
1
$1.75
common.
——
(quar.)—
7-
15c
$1.12(2
(quar.)
(irreg.)
vtc
Common
Oklahoma—
preferred (quar.)
$1.40 dividend preference
voting
vtc
5%
7%
Common
1
7-
Holders
Co.—
RR.
5%
preferred
Public Service
Common
Mexico—
New
(quar.)
Co.
7-
$i.3iy4
Line
Air
Common
50c
Service
5Vv%
(quar.)
series A preferred
$4.50
6-13
1
When
Monday, June 20,
Suburban
Common
(N. Y.)—
Quarterly
Public
7-
Share
CHRONICLE
Vandervoort-Barney, Inc.—
Scruggs
Seaboard
Co
RR.
Worcester
Name of Company
5-31
Public National Bank & Trust Co.
Per
Payable of Rec.
6-28
pfd.
5%
Inc.,
Providence Washington Insurance
FINANCIAL
&
Holders
When
$ 15c
Proprietary Mines, Ltd
Providence
COMMERCIAL
THE
(2686)
6-20
5-31
:
75c
9-20
8-31*
7ijC
12-20
11-30*
50c
7-
1
6-15
"7-
1
6-15
Volume 169
Number 4813
COMMERCIAL
THE
*
'
Name-of Company
U.
S.
Plywood
'
3%%
XJ. S.
preferred
preferred
S.
70c
Corp.,
Yards Corp.—
convertible
Stores
Ltd
"
"
- '
2nd
preferred
A
preferred
4
% %
series
B
series
-
4%%
60c -class
-
Utah
A
Power
preferred
Light
(quar.)
Utica -Knitting
56(40
$2
$1.12%
7-
1
1
5%
6-28
7-
1
10-
1
9-28
"i
7-
1
6-15
>
7-
,
1
6-15
Wyatt
6-30
6-24
7-
-
(quar.)
(quar.) Il__
6-
1
5%
prior
preferred
(quar.)
62tic
25c.
10-
62%c
Utility Appliance Corp., $1 co'nv. pfd.
(quar.)
Karap's Holland Dutch Bakers, Inc.
12-22
1-3-50
7-
York
25c
&%
preferred
5.%
prcfeired
A
6-20
(quar.)————
•
„
5%
preferred
preferred
-
(quar.)
5%
■
-
in
1
1
6-30
6-20
7-15
7-
1
7-15
7-
1
$1.25
,
—
9-10
Mills,
7-30
6-15
6-17
cause
56V4c
Ltd,
class
7*
1
6-17
4%%
for
resident
•
12-
6-15
6-30
6-15
3%
Wisconsin
Less 30%
x
tax
deductible
the
at
Viau,, Ltd,
7-
1
5%
(quar.)
common
preferred
(quar.)
Chemical
t25c
7-
2
3% %
preferred
7-
Victor
—
Equipment Co.
—
Virginia-Carolina Chemical Corp.— * .
6%
participating preferred
(accum.)_—
——
$5
,
preferred
Virginia
4%
"convertible
Virginian
6%
Ry,
Vulcan. Corp,
»
$3
...
,
$4.56
(accum.)
(quar.)
.
•———
(increased).
common
Common
7%
Mold
Iron
Wabash-Harriecn
(reduced
System,
&
Walker
Inc.
Vitamin
Class
.5%
1
'
B
6%
Walt
Disney
6%
Products, class A„_
5%%
—
preferred
—-
Wellington
Fire
Wellington
preferred
Fund,
the
in
5-31
6-30
5*31
determine: provided that the aggregate principal amount of bonds that
may at any one time be outstanding shall not exceed $100,000,000 as to
7-
Wesson
West
•
Oil
&
preferred
prior
West Ohio Gas Co.
*
;
$7 class A
6%
Penn
fe
Power
"
4—
(increased)
West
Common
$5
7-
,
Department
Grocers,
$1.40
preferred
class
$250
6%
class "A
(quar.)
Insurance
Western
(quar.)
(quar.)
Stores
Ltd,
(quar.)"__^.i."
—
Securities
Co.—
1
6-
oil
-
5
5%
preferred
Tablet
Western
5%
•!
&■
7-15
7-
1
The
7-
1
Westmoreland,
Inc.
(quar.)
Weston (George), Ltd
Weyenberg Shoe Mfg. Co.
Wheeling & Lake Erie Ry.
Extra
The
Wheeling Steel Corp,
6-
7-
1"'
7-
Mdtor
White
7-20
*,
$4
Sewing
convertible
River
Wichita
Whiting
preferred
Oil
(quar.)^
Corp
—
Corp.J(increased)—:
Electric,
$4.25
6%
6%
,
Oil Co,
Willys-Overland Motors, Inc.—
$4.50 convertible preferred series A (quar.)
Wilsil,
Ltd..' (ouar.)
Wilson
&
Winn
'
Company,
—
$4.25
& Lovett Grocery
preferred
Co.
(quar.)
•,'n
4%%
preferred A (quar.)-—
Winnipeg Electric Co, common (increased)
5%
non-cum.
preferred (s-a)—
_
—
Wisconsin
6%
Electric
preferred
of
industrial
operating
electric
approximately
which
including
purposes,
the
territory.
The
territory served com¬
square
miles with an esti¬
the East
Texas
&
Loeb,
by each
of
OF
BONDS
the bonds
are
as
and
principal amount
follows:
Hutzler
the
number
of
OF
several
shares
2,000,000
NEW
PREFERRED
purchasers
agreed
to
of
be
the
preferred
new
by
Loeb,
each
as
.i
TliA company
letter
a
notification
of
the SEC
with
creditors
($60,000),
working
capital
($140,000).—V.
168,
1
1259.."
p.
1
A
6-15
7-
2:
6-10
7-
1
6-15
7-
1
6-15
.7-
1
6-15
7-.1
6-
1
6-
3
7-
1
6-14
in
ment
to
25c
6-24
,1
8- 1
7-20
7720
8-
1
7-20
7-15
6-30
25c
30c
30c
7-15
7-
6-30
6-15
of
the
far
banking
descendants of
western
firm
sugar
known
now
ownership control of
Claus
Spreckels,
pioneer-founder
industry,
Blair
as
and the 60-year-old invest¬
Holdings Corp. have emerged
the Spreckels Companies,
formed
year
a
ago
acquire
was
sugar properties of the J. D. and A. B. Spreckels Co.
This
disclosed June 13 in the announcement that payment of $5,250,000
and
$500,000 in 20-year 5%
sinking fund debentures con¬
cash
in
summated
,
a transaction which
is reported to be the largest in the his¬
tory of the western sugar industry.
-
Properties
6-10
8-
headed by
group
1863
with
3
7-
in ^the
Sugar
acquired
Spreckels
Mills
on
the
by
Sugar
.the
Co.
company
new
and
-Island
of
one-half
interest
one-half
in
the
interest
Pampanga
Islands, and
Spfeckels Building at Pine and Market Streets, Spreckels Garage,
adjoining property, San Francisco.
This
1
Luzon,
include
Philippine
financing program was completed by
more" than
of
80%
the
stock
of
Spreckels
the control
Companies.
group,
The
the
and
group
in-
7-
1
6-20
cludestfJohn
1
6-20
de Bretteviile,
7-
1
6-20
Corp., and
8-15
7-29
by over 50 individuals, principally
is 360,000 shares ($10 par) stock,
sinking fund debentures, and $500,000 long-term loan."
All sales of securities were handled by the corporation, without under¬
writers being employed.
"
* *
'
!
'
"
'
7- 1
7- 2
7- 1
6-24
56140
f 70c
$$2.50
7- 1
6-30
6-25
d$1.50
7-31
6-
1
6-13
N.
Rosekrans
Bert K.
the Estate
balance
California.
of
the
The
and
family,
Henry, V. D.
of
A.
stock
capital
B.
is
Dorothy C. Spreckels, Charles
Dardi, representing Blair Holdings
Spreckels.
$2,250,000 of 5%
.
5-16
.
Spreckels Sugar Co., leader of the California beet sugar indus¬
1838, now jointly owned by Spreckels !Co. and the American'
Sugar Refining Co. is the largest beet sugar firm in California.
It
5*16
operates
9,525
6-30
Standard
Oil
tens
7-15
latter
being
try
since
three
of
factories
beets,
the
at
largest
with
an
Woodland,
in
daily slicing capacity of
Manteca, and at Salinas, the
aggregate
at
the world.
Employment
at
the
all
three
at
night
products
States.
connections
legal
enters
in
outstanding
From
with
Whiting
other
have
with
other
mid-
the
the
other
are
emphasis
chemists
laboratory
reseaich
on
engineers
country's
and
of
one
there
and
of
of
operating
the Standard name.
bearing
continued
centers,
stockholders
any
affiliataes
hundred
refinery
97,000
residents
been
concerns
two
research
the
its
cases
with
year
than
of
associated
not
many
other
61st
petroleum
dt
is
in
More
its
half
(Indiana)
Co.
and
its
the
with
,
than
more
company
companies,
work
at
additional
25
severed
now
The
area.
the
many
are
more
locations.
its
beginning in 1889 rs a half-million
company has grown about 3,000-fold.
dollar
corporation,
>
•
.
New Treasurer Elected—
Walter
succeed
A.
Culin,
Ralph
E.
Assistant Treasurer, has been elected Treasurer to
who retired after 42 years' servi-» w'th this
Clarke,
These changes
company.
became
effective
June
on
169,
1949.—V.
16,
2426.
p.
Standard Oil Co. (New Jersey)—Scrip Agent—
of
their
Trust Co.
Guaranty
capital
stock
additional
Standard Oil Co.
company
3%%
whteh
will
—V.
the
to
result,
be
of
called
agent of holders
desire to purchase
as
who
certificates
issued
•
sell
or
series
it had
retired 5,372 shares
The retirement of these
A.
the open market, has
sinking-fund retirement.
247,666 shares of preferred
redemption by the sinking fund this year.
July
ncne
act
F
that
announced
preferred stock,
previously had
credited
a
will
series
(Ohio) —Retires Preferred Shares^-
June 14
on
cumulative
shares,
York
New
required to have full share
certificates.—*V. 169, p. 2426.
scrip
The
of
of
certificates
scrip
scrip
been
15,
the
for
acquired
in
1949,
outstanding
169, p. 150.
$35
sold
..
.
.
share.
per
fac¬
June
on
8
(par $1)
Of the shares offered 5,650
behalf of the company and 2,850
on
being
behalf
are
shares
on
selling stockholders.
of
and
business
polishing
Sales
a
net
and
in
net
On
profit
1931.
selling
in
sales
Company
household
compounds, toilet
made throughout
are
dealers.
realized
started
was
manufacturing
items..
articles
the
1948
after.taxes of
the'
in
mops,
similar
house¬
country
of
is
brushes,
and
to
10,000
over
the
$29,547,880,
com¬
$2,426,571.
PURPOSE—The net proceeds from the sale of these shares, together
with other funds of the company, will be applied to the
redemption
before
maturity of
the entire principal
amount of the company's
real
estate
mortgage notes.
CAPITALIZATION
'
GIVING
EFFECT
PRESENT
TO
OFFERING
Authorized
class
preferred stock
A
preferred stock
stock
$1001
(par
(par $100)
;
3,000 shs.
152,000 shs.
SUMMARY
35,271 shs.
offered.
OF
EARNINGS
Profit Before
Year
*146,754 shs.
,
35,277 shs.
...
♦After issue of 5,650 shares now
Calendar
2,100 shs.
'
......
...
Outstanding
2,427 shs.
2,500 shs.
(par $1):
Non-voting
Voting
Income
*Earns. Per-
Net Sales
...
Inc. Taxes
Taxes
Net Profit
$599,292
$50,879
$13,250
$37,629
1,459,042
143,379
t66,000
77,379
101,088
2,464,177
241,088
tl40,000
Com. Sh.
$0.74
■
0.65
•
.
0.78
-
3,595,814
525,192
t387,000
138,192
4,227,155
671,222
t488,000
"183,222,
5,095,562
1,012,201
0.93
:
1.11
t993,500
1,030,000
366,238
1,546,244
2,808,970
1,125,000
1,683,970
*9.43
29,547,880
1949 (4 mos.)
267,201
1,359,738
2,576,244
21,383,933
a
t745,000
8,267,142
14,619,195
1945-..
♦Adjusted
held
structure
The
Power
(quar.)
The
in
$1.12%
*25c
$1.06(4
years
development.
this
working
are
petroleum
its distribution outlets dot 15 States,
Indiana
into
the
Rocky Mountains
through the State of Oklahoma. Through
it markets in
direct competition
t
more
and
border
dissolution
Standard
are
units
is using
organizations.
1944.
1
holding
7-
,
194378062
the
and
transport
that
Indiana company was a subsidiary of the Standard
Jersey.
When the parent company was dissolved, the
Co. (Indiana) became a separate and distinct institu¬
some
Standard
in
of
the
Oil
Common
'
9-15
7-
of
and
and
Michigan
4%
Spreckels Companies—New Control—
6-16
Diesel
territory
a
6%
6-23
1
filed
9
1950.
of
New
independent
400,000 shares of common stock (par lc) to be offered at 50c per
share, without underwriting.
Proceeds will be used to pay preferred
nonasSiGAting
of
The
hold
4,000
-
for
1
2-
June
on
of
capable
(Indiana)—60th Anniversary—
refineries,
from
cleaning
4,000
—
,
„
five
business
4,000
:
end
output
be
Refineries
BUSINESS—The
6,500
:
Co
the
the
will
celebrating its 60th anniversary this month.
figures at the end of its 60th year are
supply
1911
Co.
For
at
stock
are
6>500
—
&
is
subsidiaries,
of
Rhoades
of
refinery at Bakers-*
scheduled for com-i
is
Offered—Paine, Webber, Jackson & Curtis
•
M.
and
offered 8,500 shares non-voting common stock
STOCK
purchased
ahead
period
Same
Stanley Home Products, Inc., Westfield, Mass.—Stock
$2,500,000
Rhoades & Co.
the
was incorporated
in Indiana on June 18, 1389,' and
building the Midwest's first oil refinery in the sandy
Whiting, along the foot of Lake Michigan. Today the com¬
at
stock
the
in
began
has
been
Texas.
75c
10c
(quar,)—
common
for
power
the
1949,
$1.06 V*
preferred (quar.)
preferred (quar.)
Wilcox
11-
$1
25c
—
31,
$14,047,199,
'
j
1
50c
50c
—_
preferred A (quar.).—
Wieboldt Stores, common (quar.).
Wico
8-
wastes
pany
"
10-
,
Machine, common
$2 prior preferred (quar.)
:
White
'■
(reduced)
Co.
electric
Soya Corp. of America, New York—Files With SEC—
$1.25
$1
$1.25
50c
no
sold
electric'
6-15
25c
$25c
25c
75c
68 %c
—
in
& Company.
169, p. 2534,
.
'
*6-15
.
$1.25
11-15
$1.25
$1.25 2-15-50
7-11
50c
7- 1
$1.25
common——
prior preferredfquar.)
Whitaker Paper Co.__—,
$5
areas
and
rural
13
furnishes
company
Shields
—V.
'
7-15
fields
Bros.
names
Carl
6-20
1
of
White, Weld & Co.
6*20
7-15
March
were
sale
Kidder, Peabody & Co
Equitable Securities Corp
1
6-15
6-30
'75c
'
retail
north¬
in
Arkansas,
to
333,000
the company's
of
company
once
scientists
parishes
3
contracts
The
of the purchasers of
M.
the
and
6-15
1
6-20
(quar.)—_——
B bonds,
series
follows:
6-15
—.
may
in
western
term
*
19-18.
high in volume, largely be-v
of heating oils.
Product salei
new
a
before.
ever
The
at
The
ended
the
PURCHASERS
6
6-20
7-
1
——
under
municipalities.
be purchased
to
Carl
6-15
1
(quar.)
directors
Oklahoma.
northeastern
in
Salomon
6-15
7-.1
1
J
and
Texas,
in
counties
company
the
names
agreed
6-15
8-
—
13
months
the
6-20
8-15
preferred (quar.)
preferred (quar.)
5%
3
from
of
6-20
7-
Stationery Corp, common
12
of
field
6*-20
7-15
7-15
7-
(quar.)
(quar.)
A (quar.)
of
utility service at
adjacent rural
electric
communities
northeastern
PURCHASERS
6-10
62Vic
preferred A
preferred A
5%
5%
154
in
and
6-17
7-18
6-24
than
As
...
——
in
lower,
mainly
due" to>
gross domestic production;
290,400 barrels daily, com-,
was
production
high.
to
western
of
thereof,
restrictions
board
an
area
of approximately 25,000
population of 435,000 and includes almost all of
mated
r.
•
the
to
the
as
supplied
company
wholesale
at
and
was
some
6-13
6-30
•
the
prises
.
5
6-20
6-30
For
in
7-18
Western Light & Telephone (s-a)
Western Pacific RR. Co.—
series
-
indenture
approximately 8.48%-from the sale of power for the pumping of oil
wells and through pipelines and for the refining of oil.
Proration
drastically curtailed and at times has stopped production of oil
7-15
—$1.50
(accum.)——
A
subject
the
under
from
6-10
8-15
,
preferred (quar.)
time
has
6-15
8-15
$1.25
40c
40c
450c
$35c
Casualty & Surety Co.
Western
the
counties
19
Louisiana
27.37%
8-11
1
8-
25c
$1.12Vb
—
different
customers
energy
revenues
6-15
.
6-25
25c
17%c
17 Vic
37Vic
$1,75
25c
25c
—
Western
1940,
1,
to
AND
cooperatives
6-15
1
8-16
'«
preferred
(quar.) J—:
preferred (quar.)^^-^—-J-—e.j-.
Western
of
1949,
in
western
,.6-10
7-
,$1.50
(quar.)
31,
135,996
electric
1
6-20
6-30
(quar.)—1—
is—j-.———;——
Feb.
time
6-15
20c
(quar.)—
$4.50
,
to
located
1
1
7-
$1.05
$1.02Vb
——
Pulp & Paper
*7-
7-15
March
1
50c
$6. pfd.
Co,
number
BUSINESS
Virginia Water Service Co.—
r
<
,
6-16
10-
$1.50
$1.75
—
(quar.)——
Utilities
Virginia
Special
6-
1
35c
(quar.).
preferred C (quar.)
Texas
1
7-
common-
preferred B
West
v
,7-1
7-
(quar,)_v_.—$1:12%
preferred
1,216,800
1,500,000 shs.
from
HISTORY—Company was incorporated in Delaware
June 12, 1912, and qualified to do business in the States of
Arkansas,
Louisiana, Oklahoma and Texas.
The
business
is
the" generation,
purchase, transmission, distribution and sale of electric energy.
At
6-30
50c
.
Co,
$10)
Issued
dated
company
any
.
3
7-15
.
(quar.i
4.20%
■
6-
5
$$1.75
—
(quar./
4.10%
i
6-16
7-
7-15
—
Co, corn,
be
service at retail in
'
West
6-16
7-16
$1.25
^
(s-a)
(quar.)— i.
preferred
West
4Vi
(quar.)
ipreferred
7%
7-1
'31V4C
15c
ccm
(quar.)
Electric
Penn
West
6-16
10-15
.
(quar).4—-——4
Foundry,
^par
may
bonds of all series, $25,000,000 as to series A and
respectively, and $10,000,000 as to series C bonds.
6-18
420c
25c
35c
Snowdrift Co
Michigan Steel
7%
Co.
stock
'Bonds
.
all
1
12Vic
-
(quar.)
Insurance
Itfc.
25,000 shs.
5-31
,
preferred
(quar.)
*
Webster-Chicago Corp. (quar.)
Weeden k Company,.
■
convertible
75,000 shs.
*
stock
5-31
7-1
day
tion.
6-30
Common
up
a $10,000,000 expansion of the Salt Lake"
Refining Co., a wholly owned subsidiary/
year,
handles crude oil brought by pipe
Colo.,
field.
The
expansion
program
is
by
to
refinery
daily. The
Standard
6-30
3
12 Vic
:
——
5%
4%
stock„_____-__.____
preferred
add
The
Standard
6-30
Pictures
Motor Co.
(quar.)
Wayne Knitting Mills (quar.)_
Wealherhead Co, $5 preferred (quar.)
Weber Showcase & Fixture Co.—
*
[
125,000 shs.
.
fop
quarter*
1948
last
Rangely,
company
Until
37%c
25c
$1.37%
$3.50
.
Waukesha
■
preferred
4.65%
,
(quar.)
and
Oil
in
-
the
were
for
Lake
completion
greatly
all-time
an
its
7.000,000
4,500,000
t
J
issuable
$100)
fpar
;
Salt
the
extending
($15,520,000
*
.
(s-a)
Ltd.
5%
due Feb. 1, 1970____V
\
reached
progress
and from the Canadian
Outstanding
6-15
Common
-
6-17
l"
stock
series
FINANCING
PRESENT
6-
—
Waterloo, Cedar Falls & Northern RR, com—
Wateious,
Preferred
TO
Authorized
"
6-20
..—
Productions
Brothers
L
EFFECT
1
:
(quar.)
River RR.
62%c
30c
Series
6-17
GIVING
due Jan. 1, 1978
C, 3%, due June 1, 1979__
'
6-11
7-
follows:December,
as
in
6-20
;——
-
Co, common (quar.)—
preferred (quar.)__;
Warner
Series A, 3V4%,
Series B, 3(4%,
:
6-30
2
7-1
sold
of 1951.
mortgage bonds:
sales
1949
was
total
but
average
expend¬
subsidiaries
31,
for
;
facilities
new
exploration
foreign
March
$30,752,000
California
output,
and
to
ended
with
The
completed
for
will
pany
1st
8
7-
the end
CAPITALIZATION
,
6-15
7-15
stock
>
V
10-10
1
approximately
common
7-. 1
—
Baking
Ware
before
9
5c
(quar.)
(quar.)
convertible
Ward
7-
7-20
provided
of
7-
,
A
..
prefened
9-
be
proceeds
1948; $7,000,000 from the proceeds of the present financing; $8,182,000
retained earnings and provisions for depreciation and amorti¬
zation
during the period; and $4,750,000 from additional financing
6-10
9-20
65c
$25c
25c
$1.75
75c
25c
62 Vic
,5c
—
—-
(quar.)
Company,. class
preferred
6-15
6-20
the
in
crude
Standard Oil Co.
25c
Wagner Electric Corp.Walker
6-30
will
program
from
compared
and elargement
of
Standard's
from
6-30
7-
Cotton Co, Ltd.—1Wagner Baking Corp, common—
7%
preferred (quar,)—
Waldorf
7-15
110-20
Wabasso
$2,668,000
*7-15
10c
s-a)
,
construction
6-10,
1
8-
35c
35c
Co
Corp.
from
This
6-30
6-24
Corporation and
(Continued from page 16)
5-31
7-30
;
(quar.)
&
6-20
beet
New catalytic cracking
fuels and high octane
processing 25,000 bairels
of crude oil
program Is prompted by the rapidly growing,
oil
product
requirements Of
the
intermountain
region and
Pacific
Northwest.—V. 160, p. 2426.
.
5-31
,
in
are
scheduled
Investment News
6
6-15
1
—:——*
(quar.)
preferred
7-
6-20
40c.
—*
preferred
,-7%
Vulcan
,
; 25c
62Vac
37 %c
$2
75c
40c
-—■
„
"1
,
(quar.)__
preferred
Detinning Co,
"
.
....
(quar.
(quar.)
prior preferred
*
—-.
r
preferred
common
preferred
Vulcan
1
(quar.)
Coal & Coke—
Iron
6-
$1.50
30c
$1.25
(quar.)-.
common
6-20
6-20
General
6-17
6-30
and
of development
company's
capital"
advances
has moved steadily
end of this year.
refinery
gasolenes.
•*.:
.
Virginia Electric & Power,
6-20
6-27
.
—v
(quar.)
2
40c
87 %c
20c
■
common
and
the
of
quarter
Increase.
product
refinery,
line
tax.
6-10
$$.125
—
—
Works,
the
uints
a
City
6-15 '
'
Victor
heavy
small
Calif.,
Plans
Non¬
source.
7%.
income
lands
ranch
a program
pletion by the
tax.
dividend tax.
Jamaica
daily
a
Pampanga
1
heavy winter consumption
347,80C barrels daily, %s against
field,
non-residents'
Canadian
California
with
year
acres.
1820.
stages,
States
production
in
a
The
tax. 15%; resident tax
Less British income tax.
dLess
.
*56c
oil
major
for
Modernization
dividend.
this
15%
in
Manila
normal
a
from 30,000
crop
3948.
units
preferred (-quar.)
United
i
closed
the
completion
$37,882,000,
of
were
6-25
$20c
(s-a)
A
the
Refined
25c
;
holdings
of
In
cane.
pared with 281,600 in the first quaiter of
7-20
-
1
7- 1
7-
of
-
the
puiposes
cutbacks
Verney Ccrp. of Canada, Ltd.—
•
in
Crude
6-10
5c
northwest
industry.—V. 168, p.
in
slightly,
6-21
37%c
extensive
several
similar
37V2C
„
(quar.)
Co
'Transfer books not
9-
12-10
1
6-30
—
(s-a)
tPayable in U. S. Funds, less
$Psyable in Canadian funds,
-
a
$1.25
I
7-
10c
(quar.)
pro¬
1#%
Standard Oil Co. of Calif.—Expenditures Higher—
With
7-20
60c
its
program
6-20
8-
miles
60
plants, the corporation is committed to
the sugar
itures
7-
25c
Co.
common
preferred
Knitting
•
(quar.).
6- 1
5-27
Works
Mfg.
Corrugating
6-10
$1.25
26c
(quar.)
E
Vapor Heating. Corp;.
6-20
7-2
sugar
showed
York
-
*
„
$40c
6- 9
6-25
25c
preferred (quar.)
Corporation (reduced)
'4V2"%
6-15
1
Tile
Corporation,
6-10
-
-
6- 9
6-28
7-11
25c
t3ViC
convertible
Yolande
20c
B.) -Company—
6-28
Mfg. Co._—
Fibre
9-20
1
6-30
Co
U.
50c
$1.25
With
5-31
6-13
25c
Boiler
York
i
Norman
6-30
6-29
mill
sugar
law
grinding capacity of 5,000 tons of
Sugar Mills annually processes the
6-15
6-30
2,500 during peak season.
The company normally
45% of all California beet sugar and approximately
States total.
-
United
Pampanga Sugar Mills, a Philippine corporation now Jointly owned;
by Spreckels Co. and Calamba Sugar Estate, Inc., owns and operates a.
Yellow Cab Co.—
L
Quarterly
6-15
50c
(quar.)
Lothrop, common
& Towne
Yankee
6
6-20
7-1
62'/2c
preferred
Van Sciver
6-1
1
$50c
Co.
&
7-1
7-
'
12V2C
Co, Ltd
Metal
6%
preferred
prior
Van
Co
(monthly)
(monthly)-
Common
6-10
$1.25
preferred
Common
-
1
5%
;
(quar.)
;
Wool Combing Corp d Canada, Ltd
L
Worthington Pump & Machinery Corp, com.
Wright-Haigreaves Mines, Ltd
Wrigley (Wm.), Jr., Company—
9-28
6-10
7-
55
exceeds
about
the
of
large
dividend)
(quar.)
Iron
Woodward -Ss
6-28
1
Mfg.
7-1
15c
Petroleum
Wdodward
Co.
prior
De
3
Yale
15c
40c
;
5%
Van
6-
tories
duces
4
—
(stock
preferred
6-
(2687)
-
I 5%
.j
6-20 J
7-
56V<c
'
(quar.)
Co
7-15
10-
Steel
6-30
25c
;
Woodley
t
75c
75c
-
—
Cap,
&
• -
-
(quar.)
preferred (quar.).—
8% preferred (accum.)
Upson Company, 4y2% preferred (quur.)_—
Utah-Idaho Sugar Co.—
Metal
6-15
7-15
,
50c
50c
B
Upretsit
5%
Woods
preferred-—
A
(quar.)
preferred
6-15
I
8c
(quar.)
(Alan)
Common
6-30
17 %c
Wallpaper, Inc., 4% pfd. (quar.)—
Upper Michigan Power & Light Co.—
/
6%
Co.
Oil
Wood
*
(quar.)
$4.20
Wiser
:
6-30
t!5c
United
6%
7-
1
Co.
Holders
When
Payable of Red.
Share
Investment
Extra
-—
preferred
Corp.,
6-15
(quar.)—$8.75
Stock
United
7-
Wisconsin
;
:—
Steel
United
6-20
62V2C
Co.
7-12
7- 1
CHRONICLE
■
Per
Name of Company
i- 1
25c
933Ac
(quar.)
(N.* Y.)
Trust" Co.
United
1
A
(quar.)
FINANCIAL
Holders
Payable of Ree.
Share
(quar.)
common
Printing & Lithograph
5%
U.
'
Corp.,
When
Per
,
,
&
4,076,571
1,650,000
1,552,658
621,000
2,426,571
931,658
13.63
11,662,758
5-for-i
for
split
made
in
tlncludes
1948.
1.62
2.22
•
8.74
-
-
5/28
excess
profits
taxes.
DIVIDEND
growth,
and
the
only
At
dend
able
stock
was
a
of
company
nominal
through the
share
POLICY—Because
year
of
50'cents
July
now
1948.*
1
to
On
April
common
share
stockholders
will
not
tremendous
practically
paid
were
to
1049,
1,
held
May
on
the
of
record
receive
a
all
of
18,
June
'
1949,
2,
of 45
..
.
stock
its
and-
earnings,
stockholders
(iividend
1
common
this
expansion
common
stockholders.
the directors
per
its
reinvested
dividends
paid to the
meeting
has
of
a
was
1949.,
cents
....
up
per
i
,
quarterly
divi¬
declared
pay¬
1
Staten Island Edison Corp.—Preferred
Stock Offered—
Offering of 40,000 shares of 4.90% series ($100 par) cu¬
mulative preferred stock was made June 17 by an under¬
writing group headed by W. C. Langley & Co. The stock
was priced at $103.25 per share and accrued dividend.
The issue was awarded June 15 on a bid of 100.30. A competing bid
«{. 100.09 for a 94.90 dividend was submitted by Kidder, Peabody & Co.
The new
preferred stock will be redeemable at the option of the
company at $106.25 per share prior to May 1,. 1952, and at $105.25 per
plus accrued dividends in each case.
Company was incorporated in February, 1923 and in July or the
Acame year it acquired the electric properties and franchises of Rich¬
mond Light Si RR. The company is an operating utility engaged in
the production,
purchase, distribution and sale of electricity. The
area served by the company has an estimated population of 204,000.
.«hare thereafter,
RECAPITALIZATION PLAN—The authorized capital stock of the
now consists of 10,000 shares of preferred stock (no pari
which 2,725 shares are outstanding, and 390,000 shares of com¬
mon stock, (no pan of which 100,000 shares are held in the company s
treasury and 260,000 shares are outstanding. All the presently out¬
standing 2,725 shares of preferred stock and 260,000 shares of comumon
stock
are
owned by General Public Utilities Corp.
(parent).
Simultaneously with the closing of the sale of the 40,000 shares of
**»ew preferred stock now offered the certificate of incorporaiton of the
.company will be amended so as to change its authorized capital stock
to 60,000 shares of serial preferred stock (par $100)
(of which the
.new preferred stock will
be the first series), and 340,000 shares of
common
stock (par $20). The proceed*! of the sale of the 40.000
ahares of new preferred stock, to the extent of $4.000,000,< together
with 325,000 shares of the new common stock, will be delivered to
GPU. GPU will simultaneously surrender to the company the certificates
representing the 2,725 shares of preferred stock and 260,000 shares of
common stock now owned by GPU, which certificates will thereupon be
cancelled. The certificate for the 100,000 shares of common stock held
in the company's treasury also will be cancelled.
At the completion of these steps, the company will have outstanding
40,000 shares of new preferred stock arid 325,000 shares of new com>mon stock, and will have 20,000 shares of serial preferred stock
and
15,000 shares of new common stock authorized but unissued,
The capital of the company applicable to its presently outstanding
chares is $10,574,912. Upon consummation of the recapitalization plan,
the capital of the company will be $10,500,000, of which $4,000,000
will be applicable to the new preferred stock and $6,500,000 will be
applicable to the new common stock.
In connection with the recapitalization plan the sum of $74,912 will
'be transferred from stated capital to capital surplus. Moreover,
in
.connection with such plan, the company will transfer all its capital
surplus <$4,500,000, including the $74,912 referred to above)
and
$590,173 of its earned surplus (the balance of earned surplus at Dec.
31, 1948, which amounted to $1,569,578, less a write-down of utility
plant of $979,405 recorded in March, 1949) aggregating $5,090,173, to
a
new account entitled
"unearned surplus-especial."
Such unearned
surplus—special will be available for such adjustments of electric
;plant and related reserves and other balance sheet accounts of the
company as, in the Judgment of the board of directors of the company,
iinay be desirable or lawfully required and to the exteht unnecessary
■for such purposes, such unearned surplus—special will be available for
any purpose for which surplus may be used.
However, in an order dated May 24, 1949 the SEC, under the Public
Utility Holding Company Act of 1935, reserved jurisdiction with respect
-to the utilization of such unearned surplus—special for any purpose
other than the adjustment of plant accounts and related reserves and
other balance sheet accounts of the company resulting from matters
•existing therein as of Dec. 31, 1948. Moreover, the company's certifi¬
cate of incorporation, as to be amended, will provide that so long as
any shares of serial preferred stock are outstanding, and the mortgage
-under which the 1979 series bonds have been issued provides that so
'long as any of the 1979 series bonds are outstanding, such "unearned
•surplus—special" will not be available for dividends on common stock.
-company
APPLICATION OF PROCEEDS-^Out of the proceeds to be received
by the company from the sale of the new preferred stock, the sum
$4,000,000 will be paid to GPU, The premium of $12,000 and the
accrued dividends will be retained by the company, and such premium
will be used to meet the cost, in excess of
depreciation reserve ac¬
cruals, of the company's construction program since March 31, 1949
•or to reimburse the company's
treasury for expenditures therefor.
•of
to
this
was
at
stricken
that
issue
change
dealings
time.
from
the
on
,
',
.
appoint
Curb Ex¬
York
New
.
,
.
,
H.
I
B.
C.
been
has
the
40,000 shares of
new preferred stock now offered
issued and sold $2,750,000 1979 series bonds
therefor, receiving an aggregate purchase
•price of $2,785,447, or a price per unit of 101.289%. plus accrued
Interest. The proceeds
(including premium but exclusive of accrued
Interest) from the sale of the i979 series bonds,
aggregating $2,785,447,
All of
the
$1
stock was removed from unlisted trading at
Exchange opening on June 13. This action fol¬
the corporation has been merged with St.
Thermoid Co.
common
par
Curb
York
New
Gross
Co., pursuant to an agreement which was approved by
Taggart Corp. stockholders on June 8, 1949. The company's transfer
books have been permanently closed. Under the terms of the merger
Regis
Paper
of
holders
agreement
Taggart
Corp.
stock
common
Interest
debt
Rave been
or
will
be applied
to
$836,202
405,635
,
$841,323
$9,765,509
501,336
5,504,889
40,183
Operation
40,464
424,850
amortization
&
56,103
801,432
630,151
71,570
944,393
70,074
82,718
•
,
taxes-
71,000
48,000
614,000
Utility oper, income-
$166,592
$123,850
$1,475,947
2,350
20,764
$166,844
$126,199
$1,350,021
29,939
4,661
$1,496,711
201,346
$136,905
$121,538
$1,295,364
$1,303,102
(597,866.86 shares)
$2.17
$2.18
income
(net)—_
deductions
-
income
Earnings per common share
1947
cos.
$239,009
$237,229
$237,227
$194,185
_________
66,763
132
140
925
$305,772
$237,361
$237,367
were
The
balance
($250,000)
of
simultaneously paid out of
the
the
(b)
To
company's short-term
general corporate funds cf
22,498
23,101
124,948
124,948
125,681
$89,915
$88,585
in
17,211
17,211
extent
Of
CAPITALIZATION UPON COMPLETION OF RECAPITALIZATION
Authorized
Outstanding
series due 1979
$2,750,000
$100)
$6,000,000
4.90%
series
cumulative4.000,000
,
Tennessee Cas Transmission Co.—Bids for
—
stock
PURCHASERS—The
6,800,000
name
of
each
respective number of shares of the
are as follows:
glares
!
this
was
company
Texas Electric
Operating revenues
Operating expenses
—
——
—
Net
income
Net
Taxes
$5,290,580
24,941
Baker,
1,760
Richard W.
1,760
R.
1,760
1,760
Si
Sons
•Green, Ellis & Anderson™
Laurence M.
Marks & Co,_
William Blair St Co
l
.
First of Michigan Corp
Hill Si Co
A. M. Kidder St Co
Laf**d.
R'ssell
Si
Crouter & Bodine—_
660
1,760
Granbery. Marache & Co.—
660
1,760
Merrill, Turben & Co
660
Moore, Leonard & Lynch—
Stein
$336,197
$5,315,521
1,320
1,320
weeden & Co., Inc,
Field. Richards & Co;
1,100
Prescott,
Boyce
Hawley,
1,100
& Co.,
l.ioo
_
&
Stix & Co._
1,100
1,100
Inc
___•_
Meeds
_•
Sterchi Bros.
330
71,565
1,142,052
220
$275,219
$264,632
$4,173,469
$3,423,104
.V.
1948
$307 431
$0.95
169, p. 2534.
«——iff,—.
J10™® kas been elected
since
StTve Vke-P,eslSn! ma"y0yelarl
Vl° H,me h*d ^
'ST1' AKlStan' Treasurer.. has b«™ «***
Federal
Other
voted
have
stock
on
prop,
$6.11
0.50
2.00
2.0O-
9,063,409
2,173,726
7,428,062
9,420,520
2,398,913'
3,636,106
6,889,683
5,029,149
5,784,414
7,493,134
2,677,075
4,816,056
4,17
3.10
2.59
liabils—
assets
liabilities.
of
$7.07
to banks in
Dec, 31,
amount
of $1,000,000 included
2.85
in current
1948, were converted to five-year term loan ini.
$1,223,631
400,882
60,807
the
£>
split
was
mount
of
four
ways
500,000
p.
entire
the
.—97,941
res.
Other
investments
oper.
.
1949—12 Mos.—1948
8,097
$415,402
2,710
$5,868,551
74,672
$374,066
$418,112
$5,943,223
132,531
1,731,578
income
$4,211,645
''"'Mend
pr„f
tificate
865,050
865,050
21,865
will
aircraft,
bear
The
company
Jn
the
past
on
June 9 said:
hfis had
completely
I'
fast
deposit of title with the
Aeronautic
serial
Administration
No.
10330
registration
and
cer¬
free and clear of all liens and encumbrances.
presently owns two Douglas DC 4 four-engine pas¬
type airplanes.
The company is also ooerating two
air planes as lessee under two equipment trusts in
Trust
Co.
due
under
each
amount
,
centralized control of all
In its
New
York
type of organization
,
is
the
trustee
equipment
and
trust
lessor.
When
has been paid,
the
the
will become the owner of the airplane covered by such,
equipment trust.
In addition, the company is also operating two C 46
passenger-cargo type Curtis aircraft under four-year leases from the
United States Army Air Forces.
One of the two airplanes presently owned by the company is lit
the process of
conversion in order to obtain a Civil Aeronautics*
Administration registration certificate of airworthiness .and upon that
certificate being obtained, title will be transferred to" the trustee and
company
Operations—
Office.
The
directors have decided
is too cumbersome and expensive for
moving
traditionally
decentralized textile industry. The
directors have delegated to me authority to decentralize the business,
this
the.
Civil
manufacturer's
Colonial
the
entire
Royal Little, President,
a
bearing
of airworthiness,
whicn
Textron Incorporated^—To, Decentralize
$100.
senger and cargo
DC 4 four-engine
—V. 169, p. 2426.
i
denomination of
is to be secured by
the following aircraft: One used Douglas DC 4, 50-passenger
The company
was
organized May 18, 1945, in Delaware and is
presently engaged as a registered United States Air Carrier operating
solely as an Irregular Air Carrierr of passengers and cargo.
The
company
is not limited by the Civil Aeronautics Board to
irregular operations and may operate on a schedule or irregularly
between foreign points subject to flight and traffic clearances of the
governments involved.
■
$4,011,028
requirements for period
each certificate in
four-engine
1,408,097
$285,581
etc—
808.
This issue of certificates
$5,419,125
135,075
$238,991
charges,
p.
trustee to
$5,397,260
214
income
Pipe Line, which is to run 1,067 miles
peninsula, is expected to require a total of 260,005
of which 161,500 tons has been licensed, OIT said.
equipment trust certificates, series C,
Sept. 1, 1952, at par. -
stock for
3,741
$373,852
(net)
Trans-Arabian
Arabian
lineplpe,
be dated Sept. 1, 1949.
To be issued under the Philadelphia plan,
Colonial Trust Co. of N. Y., trustee.
To be unconditionally guar¬
by endorsement as to principal and dividends by Trans Carib¬
bean Air Cargo Lines, Inc.
Certificates in denominations of $100 and
$1,000.
Dividends payable at rate of 7%
per annum from June 1,,
1949, first being Sept. 1, 1949, covering the period from June 1, 1949.
to
Sept.
1, 1949, and thereafter semi-annually on March 1 and
Sept. 1.
Redeemable in whole at any time at option of company
upon 30 days' notice at 105 and dividends.
At any time prior to 15>
days of redemption, retirement or maturity, holder shall have option
to convert to capital stock at conversion rate of 50 shares capital
'
Gross
Interest
169,
which
revenues-
income
Pipe Line Co.—Export Licenses—
To
divided
447,880 of
.
380
1,266
___
1120.
anteed
of limited-
Amortization
term
159,500
approp.
p.
by
$1,741,249 $22,619,227 $21,061,697
896,421
11,252,891
10,418,316
195,224
2,641,019
2,615,291
1,080,769
1,087,089
93,822
140,000
1,767,900
1,540,000
1,027,472
159,507
of
due
and
shares,
1713.
1949—Month—1948
$1,819,538
expenses
169,
000 7% convertible
to
outstanding.—V. 169,
outstanding.—V.
Caribbean Air Cargo Lines—Equip. Trusts Of¬
fered—Gearhart. Kinnard & Otis, Inc., are offering $150,-
1948
1949
revenues
retir.
that
New
and
$1,832,328
$1.53
Sales and
—
$4,826,402
—
taxes..
recently
in
and
taxes
operations
Big Board—
1°j?ro0n' r'^k -was admitted ^dealings. on the
at.pftfe* Bxchangevat^he opening of business, June 13,
1949,
stock
issued
taxes
Textron
ttmheam Corp.—Listed
$2,121,961
$458,361
Trans
April 30—
Period End. April 30—
Net
President of Stone & Webster
Robert H. Van Deusen,- - President
and
The
across
after charges and:
common
are
Operating
Operating
Webster, Inc.—Unit Elevates Officials—
an
$3,047,426
Texas Power & Light Co.—Earnings-
$565,924
«n w
1,544,473
10,655
Approval of licesses to this company for export of 47,500 tons of
30-31," welded lineplpe during the second and third-quarters of 1945'
was announced on June 8
by the Office of International Trade, U. S./
Department of Commerce. This quantity is in addition to an earlier
approval of 35,000' tons for the second-quarter.
375,678
$3,797,791
—
——
Engineering & Manufacturing Co.
authorized
Net
,Earnings per share
Stone &
375,678
——
which
Stores, Inc.—Earnings—
iqiq
12,500
Trans-Arabian
999,326
2215.
p.
profit
The
for
220
3 Months Ended May 31—
Net profit
———
'SSo
330
Wurts, Dulles & Co
H. L. Emerson & Co., Inc._
—V. 169, p. 2534.
—V.
330
;
Mead, Miller & Co.
—
Issued
place the common stock on a quarterly
dividend basis of 10 cents per share and have declared a dividend"
of 20 cents per share for the first two quarterly periods of 1949.
The
distribution will be rriade on June 24 to holders of record June 15.
660
330
Shepard
1,284,000
12,500
and are not included in current liabilites as of March 31, 1949.
tOf officers' and employees' preference stock of subsidiary,
representingmaximum participation of 25% of par value.
(Based on
$4,222,430
97,156
income
The directors
660
Bros.
330,000
12,500
1949
660
1,320
Blair St Co.. Inc
Brown
660
1,320
vHtroud & Co., Inc.
G. H. Walker & Co.-—
Alex.
660
Dec. 31,'47
15,164
$372,375
Four Months Ended
Xl. E. Hutton & Co
660
Dec. 31/48
$5,593,004 $22,613,734 $20,956,835
800,861
3,123,828
3,677,084
0.50
♦Notes payable
Earnings Higher—Dividend Increased—
The
Corp.—
Years Ended
Mar. 31,'48
$1.39
current
as
;
v
Ltd.)
assets—
current
liabilities
1®
share
per
current
of
cur¬
its
$415,910
divs.
current
and
302,000
capital
to
company's
office
.
(est.)
income
—V.
Starkweather
Co.______
>
730,410
(Earns. per common sh.
Common
$4,207,266
—-——
Texas
1,760
1,760
Clarke
a
point,
chgs._
interest
Ratio
$336,197
102
———
income
169,
.'Equitable Securities Corp._
L. Day & Co,
DeHaven & Townsend,
after
Working
$372,273
the
home
of Canada,
$5,901,593
_____
income
on
(Minority
1,000,000
Balance—-—-
Net
Watts. &
income
Total
1,277,300
from
Subs.)—Earnings—
(Including Trane Co.
r-
sales—
Net
94,000
Sales
Co
charge of activities arising
anniversary celebration at the
169, p. 1402.
Mar. 31,'49
changed to Southern Fire
Preferred dividend requirements—^—
1,100
Milwaukee
has
Net
Co.—Changes Name—
recently
124,200
revenues-
oper.
Gross
1,100
R. W. Pressprich & Co
h. F. Rothschild & Co.
low
300,000 shares,
Net
Other
shares
l,lJb-
suffered
their
.
Three Months Ended
1713.
Prop, retire, res. approp.
Maynard H. Murch & Co.__
Co.
$1.65
sales
reached
has
Trane Co. (&
Purchase of
1949—Month—1948
1949—12 Mos.—1948
$1,682,990
$1,493,630 $20,434,347 $17,659,349
870,518
781,078
10,014,324
9,061,981
171,853
170,175
2,460,177
2,145,458
144,146
112,180
1,391,966
1,244,644
Other taxes
Putnam & Co
&
Thor
and
branch plants.—V.
Service Co.—Earnings—
Period End. April 30—
1,760
+____
$1.90
that
waits.
also
50th
♦Total
2.3R0
•Fstabrook Si Co.
said
November
he said "sales have increased steadily, rising to a
permitted a modest profit in March. The rising trend
through April."—V. 169, p. 1927.
is inviting bids for the purchase from it of $50,000,000
Casualty Co.—V. 169, p.
*W. C, Langley & Co
A. C. Allyn and Co., Inc.—
:
729,384
been appointed Assistant to the President.
handling a special sales assignment in connection
Imprinter, the new machine which enables a bank to
depositors' names and addresses on checks while the cus¬
tons
No. of
_
1947
$6,922,307
838,663
Todd
>.»
Tennessee Odin Insurance
and the
preferred stock to be purchased
No. of
1948
$9,225,589
131,522
he is
He
principal underwriter,
new
'by it
Chairman,
decline last
Nunn
rent
mortgage pipe line bonds, series due 1969.
Such bids will be
by the company at the office of Messrs. Cahill, Gordon,
Zachry & Reindel, 26th floor, 63 Wall St., New York 5, N. Y., up
to 11:30 o'clock a.m. (EDT) on June 20.—V. 169, p. 2320.
—V.
6,500,000
1949
$4,923,034
taxes
and
then,"
the
tomer
_
(par $20)
had
continued
imprint
received
_
Common
p.
Nil
Hurley,
F.
with
first
,J
1st mtge. bonds, 2Vb%
.Serial pfd. stock (par
169,
share—
J.
severe
which
sales
$50,000,000 Bonds—
Interest
_
The
affairs pending tha
has been under way
which
2426.
(The) Todd Co.—New Official Appointed—
recently voted to defer action on the dividend usually
payable on or about June 25 on the $6 cumulative convertible pre¬
ferred stock, no par value.
Arrearages on this Issue will now amount
to $70.25 per share, according to reports.
Distributions of 25 cents
each had been made on March 25, last, and in each quarter of 1948.—
V. 134, p. 1212.
taxes
charges
Currently,
The directors
&
monthSi—V.
——_
after
per
Harold
of
two
Commission
evidence.
company's
the
hearing,
17/211
in
Temple Coal Co.—Preferred Dividend Deferred—
name
additional
handle
December.
level
paid, first pfd
The company,
of
to
reorganization
——
"Since
$51,705
17,211
»
earns,
Raymond
sudden, and
125,681
$157,912
deducts.-
etc.,
the
than
more
Earnings
$177,385
$214,265
$214,863
receiver
a
of
for
Quarters Ended March 31—
17,725
$282,860
.__
income
Federal
the
the balance,
$1,285,447, (i) to reimburse the
company's treasury for expenditures
($181,192), in excess of deprecia¬
tion reserve
accruals, made therefrom for the cost of new construction
during the period Sept. 1, 1948 through March 31, 1949; and (iii to
meet the cost, in excess of
depreciation reserve accruals, of the com¬
pany s construction program since March
31, 1949 or to reimburse the
company's treasury for expenditures therefor.
basis
the
on
for
the
on
date
Sales
$195,111
22,912
income
testimony
Thor Corp., Chicago—Sales and Earnings Drop-
dividends
subs.
time, Judge Kaufman named Irwin Kurtz
hear
petition
later
WF. 168, p. 2231.
the following purposes:
the company.
same
to
bondholders'
a
1946
earnings
The
$0.35
as a special
alleged acts of insolvency as cited
reorganization.
In denying the SEC petition on the
grounds that it was "insuffi¬
cient," Judge Kaufman stated that it could be resubmitted at a.
in
for
1948
Operating exps. & taxes
To the extent of $1,500,000, to the
payment, on June 8, 1949,
of an. equal face amount of short-terrh notes. Such
notes were issued
4o refund short-term notes, the
proceeds of which were used for new
construction.
the
master
Net
Divs.
716,583
poration.
46,919
1949
and
from
income
Net
$284,974
752,366
Judge Samuel Kaufman, of the U. S. District Court for the Southern
of New York, June 3 denied a
petition by the Securities and
Commission for the appointment of a receiver for the cor¬
Telephone Bond & Share Co.—Earnings—
Interest,
$279,139
District
asked
3 Mos. End. Mar. 31—
Net
184,057
share
per
outcome
Total
38,705
168,987
taxes
Exchange
169, p. 1342.
ree'd
35,880
ship—
At
income
Interest
26,853
officers
to
___
Third Avenue Transit Corp.—Court Refuses Receiver¬
28,701
Other
compensation
—V. 169, p. 2534.
$1,321,320
252
Federal Income
Net
43,084
$0.32
income
for
132,251
of
profit for period
Earned
792,987
536,000
—V.
amortization
ac¬
reserve
General taxes
Income
and
Number of common shares
$8,548,468
4,797,864
470,145
Maintenance
Retirement
Net
1949—12 Mos.—1948
1949—Month—1948
Period End. Mar. 31—
(a)
notes
for year-end
employees
and
Operating revenues
Gross
debt
$5,986,474
665,835
687,474
160,384
;
,
—
funded
on
1948
1949
$5,822,311
discount and expense
Provision
Other
fn the strongest financial condition of
Electric Co.—Earnings—
Tampa
cruals
un-»
ready for showing.
now
—
Reserve
2534.
—V. 169, p.
all
(& Subs.)—Earnings—
sales
Depreciation
entitled to
are
are
Gross profit from operations—
Regis Paper Co.
In cash for each share surrendered to St,
receive $11
eliminate
and will devote all
3 Months Ended March 31—
that
announcement
fall lines
our
company is currently
history.—V. 169, p. 2534.
Taggart Corp.—Stock Removed from Curb—
lows
personally given up all outside activities
The
company on June 8, 1949,
to
the
successful
bidder
'
have
its
The
and
customers.
Breen,
A.
division,
each
which will result from
decentralization will be of special benefit to the further development
for the Textron brand name operations and- improve service to our
elected President and General Manager,
resigned.
Emmet V. Dunathan and Floyd
Riggs have been elected Vice-Presidents.—V, 159, p. 1598.
Smith
B,
for
managers
my time to the management of Textron.
It is believed
that the greater flexibility
Etc.—
Sylvestre Oil Co., Inc.—New President,
Arnold
general
necessary staff functions.
Overhead cost reductions at the annual rate of more than $2,000,000
will have been effected by the end of June.
.
Trust Co, of New York has been appointed co-transfer
agent and The Commercial National Bank & Trust Co, of New York
as New York registrar for the common stock.—V.
169, p. 1119.
The Guaranty
succeeding
Monday, June 20, 1949
CHRONICLE
FINANCIAL
&
.
-of
In addition
COMMERCIAL
THE
(2688)
56
Volume
that
169
a'rcraft
and
will
Number 4813
Will
be
the
security
(the
THE
trust
equipment)
be operated
for
this
issue
will
aircrafts
be
CAA
and
needed
the
pay
order
to
in
registration
to
complete
certificate
of
of
the
funds
will
be
&
EARNINGS
JNet
conversion
that
all
to
the
corporate
The
of
purposes
operating
profit
Western Air,
FOR
MONTH
APRIL,
taxes
_„
Vacuum
traffic
figures
will
earlier
indicated
that
miles flown in
April also increased by 13%
over
2534.
ago.
Truax-Traer Coal Co.
(&
Wet
earnings after Fed.
♦Earnings per snare
♦Bated
on
inc.
1948
$4.55
985,107 shares
now
from
that
were
will
is
bring
the
169,
still
plenty
of
juice
into
orange
testing
of
ing
also
profit
stage.
to
$2.61
have
account
been
called
for
on
July
for
next,
production during the year ended April
30, 1949 amounted to
€.869,750 tons compared with
6,309,394 tons for the preceding fiscal
169, p. 1492.
Union Commerce
Building,
Union
Commerce
Building
bought June
14
$14,310,000 by the Union Commerce Building
Co.,
subsidiary of the Union Bank of Commerce. Since its
1938,
the
bank
has
occupied
the
banking
quarters
at
auction
for
of
organization
the
on
opening bid of $13,000,000, the minimum
by John K. Thompson, President of the
made
The
merce.
t>y
its
were
only
other
President,
made
to
John
reach
bidder
W.
the
was
Galbreath
acceptable
Union
Edgemont
of
figure,
Bank
Corp..
Columbus.
the
resort
other
3n
structure houses
Its
19
passengers
daily,—V.
(Excluding
tenants
electric
169.
who
employ
elevators
carry
an
6,000
of
average
Offsetting
Accounts
Between
the
Net
$
30,854,037
___
___
24,702,234
35,000
Income
after
fr.
rev.
Federal
Other
ry.
income
opers.
company
20,000
used
;
5,927,384
12,295,925
1,600,000
2,450,000
rents
Net
(net)
8,677,942
887,518
919,357
inc.
from
operations.
flncome from
3,736,465
March
9,838,258
3,293,656
;
working
7,291,646
redeem
2,293,488
9,319,796
9,266,458
of
191,676
513,685
1,579,241
1,288,106
at
other
sources
income
—
notification
corporate
and
are
refunding
mortgage
and
other
Net inc. fr.
♦Deficit.
3,799,082
8,330,555
17,846,210
514,639
529,890
2,076,509
2,116,889
charges
all
sources
tEkcludes
3,392.262
3,269,192
Federal income
available
now
taxes.—V.
6,254.046
the
of
5,
The direciors on May 26 took
cr
preferred stocks
"in
view
no
of
action
lack
of
169, p. 2149.
.
dividends for the
on
earnings."—V.
'
169,
common
rights which were admitted to dealings
Exchange on a "when issued" basis on June
stock
common
common
cf
stock
United
The
to
of
Light
United
Curb
purchase
American
&
at
Light
Railways
Light
$12
&
stock
New
entitle
York
holders
Curb
of
the
share one share of $25 par
Traction Co. for each five shares
held
will
of
be
record
cn
from
in*
dealings
the
at noon
rights
will
that
on
be
for
for
delivery
in
cf
issued
lo
authorized
company
to acquire
end outstanding class
the
V.
by
purchase
the
directors
approximately
and
59.%
of
Co.,
for
call
immediate
Pittsburgh,
New York,
Pa.,
The
7
1948
number
to
for
into
of
common
31,
1948.
The
$1,000,000
to
'
June
on
the
manufacture
for
an
13
extension
approved
of
additional
electronic equipment.
period
of
5
originally
cost
p.
the
of
1929.
.
from
years
March
quarterly
in
I
'
government
$2,051,781
;
Co.—Reports Loss—
1949—Monlh—1948
services
$15,019,607
opers.
891,172
'
1949—4 Mos. 1948
$15,664,039 $59,277,543 $62,885,863
424,516
3,442,050
587,784
•
•
•
-
declared
dividend
a
of
15
cents
share
per
on
21,
profits
and
28
cents
(jents
from
ordinary
income.—V.
169,
Winnipeg Electric Co.—Bonds Sold—Nesbitt, Thomson
Co., Ltd., Toronto, June 11 announced the sale of an
additional issue of $2,000,000 3%%
May
first mortgage bonds
1949, mature May 1, 1971. Bonds were
to yield 3.65%.—V. 164, p. 2061.
1,
priced at 101
their notes
tiustee,
Wisconsin
the
or
The
The
New
bonds,
1,
shall
continue
In
1949;
be
first
paid
general
50-
mortgage
that
on
date,
and
sa4d
by certificates of deposit will be madff
close of
the
at
Payment—
the
on
will
business
June
on
22,
1949.
,
Exchange on June 10 directs that the bonds
deposit therefor, be quoted ex-interest 2%
on
the bonds, and
certificates
of
deposit therefor,
of
that
,
to
be
Exchange
dealt
in
"Flat,"
and
contracts
the
made
bonds
to
be
beginning
delivery
a
July
1949,
1,
coupons.
no
Interest
—V.
1949,
-1949.
of
settlement
carry
due
Stock
certificates
July
1,
represented
record
York
Ry.—Interest
July
bonds
on
holders of
and
due
gold
payment
to
Central
interest
4%
year
additional
an
have
stock, payable July 20 to holders of record June 30, 1949.
paid on April 20... Payments in 1948 were as follows:
July 21 and Oct. 20, 14 cents each; and Dec. 21, 9
amount was
dated
National Bank of Boston.
note, with
directors
capital
realized
be
31—
169,
bonds
on
is
payable at
Bank
of
Montreal, New York, N. Y."
2465.
P.
■
Wisconsin Electric Power Co.
The
of
1949
share
common
for
1948
normal
$0.20
dividend
Federal
$0.38
income
requirements
taxes.
shares
bids
will
25,
June
on
which
tcok
3
ordinarily
is
distribution .of
a
payments
were
as
no
action
The
issues.—
North
Bids for Purchase of
—
payable
10
cents
follows:
March
or
on
declaration
about
share
per
25
Dividend—/
June
was
consin
the
25.
made,
June 25,
and
wilL resell
.
of
on
while
1949—Month—1948
in
—V.
169,
p.
'•
2322..
'
...
j-
Watch
Co,
1949—5 Mos.—1948:
-
•?
,
.
V
.
unsecured
•
company
obtained
had
56%
creditors.
of
assents
common
the
to
stockholders
plan
and
-
May 31—
11:30
York
$100
Stock
by
as
this
1901,
June
on
the
whole
a
company.
Room
SEC
60
27.
make
to
Exchange in Wisconsin
capital
par
at
(EDT)
a.m.
authorized
been
stabilizaUon
in
sold.—V.
169,
stock.
after
These
the
block
2465.
p.
pur¬
Wis¬
of
*
'
1949—5 Mos.—1948
$221,568,288 $224,211,279.
.
,7
SEC—
(Mass.) County Electric Co.—Registers With
"
;y ■' ■ •.
•;
y
...
77
.
The Company June 10 filed a registration statement
proposing the sale at competitive bidding of $5,500,000
gage bonds, series A, due July 1, 1979.
10
evidencing
and
of
1949—Month—1948
$44,517,959 $47,107,709
2216.
p.
.
from '
87%
V
.
'
has
*
169,
Proceeds of
holders,
New
preferred
shares acquired
any
Electric stock
Worcester
*
-Reorganization Plan Confirmed
Judge George C. Sweeney in U. S. District Court at Boston June
confirmed the plan of reorganization.
Trustees of the
&?% of debenture
the
to
been
Co.
(F. W.) Wool worth Co.—May Sales—
by Court—
stockholders
on
6%
has
of
par)
made on a date set by North American for the
opening
13,494 shares of the Wisconsin Electric stock.
The company
Period End.
$64,933,810 $64,501,541
r
Y,, up
($100
American
be
-
—V.
$12,702,880 $13,080,925
N.
stock
North
On
30 cents each;
<
Co.,
inviting bids for the purchase
by
Co.
purchases
Power
will
is
preferred
received
American
stabilization
Electric
of bids
the
on
Co.
6%
of
be
Broadway, New York 4,
*•
tAfter
preferred
on
North American
13,494
Such
$106 965
—
and
reserves
> Period End.
May 31—*
dated
has
repaid
of
outstanding under
1947.—V. 169, p. 1714.'
May
$1,000,000
of
notes
notes
1,
;
<
.
"r
-
:
,r
an
and
on
May
"
*
31
to
the
balnk
".
/..
with
the
first
of
f
•
SEC
mort¬
*•
.
financing would be applied to the payment of notes
borrowings of $4,950,000 at June 1 for construction
additional
construction
company's treasury
expenditures
of expenditures
reimbursement
or
previously
made.—V.
of
169, p.
the'
2216.
',
"
»
Yale & Towne Manufacturing
Attorney Daniel..J. Lyne. one.of three trustees for the company, toldCo.—Earnings—
"*7
Waltham;s watch inventory was "very successful."* *i"
Three Months Ended March 31—^
1949"
~*
1948 1 ■
; The company, he said, netted $400,000 more than was
Net sales __—i—
originally ex--<-•
——$15,130,355 $17,048,641
there
with
agreement
three
the court the sale of
pected.
••'
.
1
*
>
.
2,300
Through Negotiated Deal Sought—
The
Middle
applied
to
connection
Upper
West
SEC
the
Peninsula
120,000
shares
their
Corp.
the
with
for
and
an
proposed
Power
(60%),
original
Consolidated
mission's
Electric
&
Gas
Co.
have
bidding
in
for
authjefrization
tp
of
Oct.
1,
1948,
giving
notice
oi
We
Hagerty,
150
more
court
President and
laid
are
off
due
when
the
General
plant
Manager,
closed
are
'
.
said
now
Factory cost,
1,410
back
of
at
the
selling,
admin,
Depreciation
and
general
sell
iiung
w
»
back.
Net
income
gave
of
after
present
the July 20 deadline on
stockholders will be held to
5,000,000 ($1 par)
ance
of
6.000,060
and
new
in
factor's
lien*
period,
a
a meeting
capitalization of
shares, cancel existing stock, vote on issu¬
according to .the plan, and authorize issuance, of
common
shares
notes
appeal
authorize
backed
on
by
a
mortgage
on
property
inventory and receivables
as
,
and
security
equipment
for
a
Re¬
-
Prov.
for
Fed., State
and
Estimated
of
Earned
—V.
net
common
per
169, p.
.
'
141,208
$536,649
$1,133,063
^>96,701
—-■>.
418,5^4.
•'
'1
•
$234,270
.»
-.510.369
i
$0.46
1606.
,
71.437
'
205,678,
iv-4r—1
earnings___t,_*__>T_——u-
shares—
share
foreign income taxe6**
,7
.
No.
•
u—1—>——rt
..
the
229,544
$971,863
67,799
—•-—L
—
-
•
15,847,234
307,359
———
;
the company trustees 90 days from June 10 to effect
Other income
consummation
of
the reorganization
plan for the company and set
a 40-day
appeal period to expire July 20 during which appeals
Total income
may be,.;
liled against the' confirmation of the
plan.
-»
Income deductions
.Shortly
•
14,354,146
exps.
$468,850
—
work
.
holdings ,fn
the Upper
stock, filed Jastr Sept..
the, (comDanies "•prm-'^d-+r»,
+>yi
competitive bidding. Subsequent to the
issuance of the Com¬
order
J.
workers
The
CO.;. consisting" of-34,000 shares '(177c ), and
respectively:'' U>K-* -<*
-■ v-'
''Do*-♦
application
Peninsula
at
and
exemption from competitive
sale of fheir common ,stock
I'
John
Upper Peninsular Power Co.—Sale of
Company's Stock
stock
;
•
company
■
In
$5.34
1342.
&
corporation on March 31,
agreement with the Prudential In-
an
Sales
in
$7,5G0,000
banks
'»
$4,816,669
$4.93
2535.
p.
buildings
redemption,
7
The
Were
for
present
$65,598
the
Waltham
Universal Pictures Co., Inc.—Reduces Bank
Loans—
l.
p.
April
1,000
rise
from
from
-
Walgreen Co.—May Sales—
of this
company increased by
during the past year. This gain,'
coming on top of a
the-year previous/brings the number to
approximately
7,400 currently.—V. 169, p. 2535.
*'
J
*
"
close
similar
and
Sales
'/'.)>
,
314,107
$4,447,003
^
equipment $16,133.—V. 169,
169,
A like
due
Corp.—Earnings Show Decline—
directors
March
United States Lines Co.—Number of Stockholders In¬
Franklin, President, on June 10 said in
v
169,
2535.
redemption at Mellon
successor
or the First
crease—John M:
".7
$5,130,776
306,091
_
Administration
is
from
p.
Sept, 25, 50 cents; and Dec. 13, 90 cents.—V. 168, p. 2734.
-
.
3,225,000
$4,753,094
—
share
1946 for
land
the
the
2535.
Waialua Agricultural Co., Ltd.—Omits
the
A capital stock, and to obtain an
option
purchase-the remaining 41%' of the issued and
outstanding class A
stock.* and 100% of the issued
and. outstanding, class B capital
stock cf* Acrometal
Products,'Inc., a Minnesota corporation engaged
in the manufacture and
sale of aluminum spools to the wire and tex¬
tile industries.—V. 157, p. 48.
part:
3%,
of
providing
.dividend
to
,
F,
164, p. 2932.
The
officers
capital
;
15,
The
•
exchange for tem¬
City ot New York,-
the
p.
-
allowing
Beginning June 28, transactions
only, the Exchange ruled.—V. 169,
June
cn
Assets
extension
chases
stockholders
1,969,056
2,970,000
reports an operating efficiency of 99.67% for
April
scheduled miles were flown out of a total of
703,058
—V.
be
Privately—the
about
♦Alter
U. S. Bobbin & Shuttle
Co.—Acquisition Voted—
The
of
earnings
TEarmngs per
<
.
June 23
Three Months Ended March
♦Net
date.
cash
2535.
2,006,167
13,494 Shares of 6% Preferred Stock—
the
p.
Trust
Dec.
on
Vulcan
ex
June 3. Stock certificates
delivered in
made prior to June 3 must be
accompanied by due bills for
rights. Due bills were redeemable June
15, 1949.
•The rights are exercisable at
Bankers Trust
Co., New York, N. Y.,
and expire at 3
p.m.
(EDST) on July 1, 1949. They will be removed
actions
depletion..
taxes—
169,
June
1, 1949.
rights on the
settlement of trans¬
quoted
will
arranged, replaces the
$13,864,000 5% collateral trust 5% serial notes, series M,
due 1952, and $2,200,000 of 3% bank
loans. — V. 169,
p. 2535.
per
common
common
the
on
2
loan
and
income
180,57*
$9,729,261 $10,324,832
950.
Net-deficit
per
America, Newark, N. J., for the sale of
a $15,000,000
15-year 4 M> % note to be secured by hold¬
ings of Virginian Ry. Co. common stock totaling 723,162
Co.—Rights Expire July 1—
The
&
Co.
surance
705.
p.
Bank
after
and
on
1949 entered
-
1948
153,604
a—
miles—V.
Revenues
SEC
$5
are
Places Note
shares
United Light & Railways
the
$13,864,000 collateral
1952,
payment
National
15,729,321
1949
Western Union Telegraph
all
Guaranty Trust Co. of
United Board & Carton
Corp.—Omits Dividends—
*
with
series
may
Fixed
Subs.)—Earnings
$9,575,657 $10,144,258
period
common
War
The
$4,587,534
purposes.—V.
bonds,
turity date is anticipated or accelerated by the
plus accrued interest to July 5, 1949.
Holders
for
3,906,901
_______
(&
15, 3951 at an annual rental of
$139.355.18—payable
advance—for both the real
property and equipment.
trust 5% serial
notes, series M,
being notified that the company lias elected to
of these notes on July 5, 1949.
The notes will be payable
the principal amount thereof plus a
premium of one-third of 1%
principal for each year or major fraction thereof by which the ma¬
♦2,568,482
and
first
1978,
July
991,909
of"
corresponding
corporation
March
Virginian Corp.—5% Serial Notes Called—
2,534,558
oil
Total
1,
.1,180,667
investments and
general
tbe
decrease
a
the
Whitehall Fund, Inc.—15-Cent Distribution—
Holders
(net)
gas cpers.
and
for
companv
kwhrs.,
for
existing lease by this company of a surplus war plant In
Burlington,,
C. The company has been
operating the plant under lease since
and
class A, to be offered at
Kinnard & Otis, Inc.
Proceeds
bonds at The Chase National Bank of
Exchange Place, New York, N. Y.—V. 169,
due
*
Inc. fr.
capital
of
this
of
102,490,200
104,322,000 kwhrs.
—____
for
700,763
The
$5,726,382
porary
43
transp.
________
an
N.
100,450
$0.22
stock,
Underwriter, Gearhart,
for
letter
a
properties
totaled
Western Electric Co., Inc.—Lease
Extended—
Virginia Electric & Power Co.—Definitive Bds.
Ready
29,023,560
8,600,000
2,416,118
Equip, and joint facility
filed
7
common
Co.—Weekly Output—
1
scheduled
$
1,950,600
-
-
of
$0.43
——
Period End. Apr. 30—
June
on
shares
585,875
1949—10 Mos.—1948
$544,094
2149.
p.
2,133,618
taxes
taxes
1949—Month—1943
1948
$9,745,679
$0.29
dividends
169, p.
This
$2,471,000
$0.20
____
to
will
Western Air Lines, Inc.—Operating Efficiency High—
„
1948
$2,370,000
92,730
taxes—.___—
$507,405
share.
115,331,305 132,710,930
25,660,874 103,035,380 103,687,370
6,151,803
Income
May 31—
Definitive
Net
-
Federal
income
when
Files With SEC—
■>.
for
$
and
o*
20
393,253
(net)
depreciation
The
1949
______—______
Sales
per¬
31,588.258
expenses.
sale
Virginia Dare Stores Corp.—May Sales—
Companies)
$
revenues.
oper.
the
June
2322.
April 30—
Federal
—V.
on
approval
directors
1949
Balance
Earnings Lower—
,
Earnings per common share
169, p. 846.
1949—4 Mos.—1948
oper.
said
with
until
and
$9,872,206
operations—:
income
per
ex¬
voting
169, p. 2535.
for
Murry Fredericks,
corporation,
—V.
Lines)—Earnings—
1949—Month—1948
the
2465,
pp.
taxes
electric
for
enable
Victor Products Corp.—Sales and
Sales
The
(& Leased
Period End. Apr. 30—
Railway
Railway
than
more
of
Haneman
given
-
1949
output of
the
from
Earned
$76,750,
10%
a
Quarters Ended March 31—
bids
1605.
p.
Union Pacific RR.
possibly
Period End.
400
modern
receivers
S.
the
Provision
Atlantic
for
court,
officers
share
Provision
was
the world.
The
for the
would
West
Pa.,
169,
.Total income
the receivers to pay creditors'
claims
in
payment to preferred stockholders.
The corporation was
placed in receivership last December after a
complaint was filed charging the corporation was
insolvent and witnout
funds to continue business.—V.
168, p. 2149.
winning offer of $14,310,000.
After the sale, Mr.
Thompson said that a final disposition of the
affairs cf Union
Properties is hoped for before the end of the
year.
Known
originally as the Union Trust Building, the
21-story struc¬
ture was built in 1924
by the Union Trust Co,
The banking quarters
cf the building are
today, as when the building was erected, the
largest
sons.
Mrs.
attorney
assets
full and
represented
Twenty-seven
to
the
been
New
West Virginia Pulp & Paper Co.
the
fs
Subs.)—Earnings—
11,
1948.—V.
Preferred
confirmed
by
Superior Court Judge Vincent
May 27 at Atlantic. City, N. J.
It was the only bid received for
the property and
Com¬
of
J.,
the
was
in
building's
; The public sale,: the
largest single real estate transaction in Cleve¬
land's history, was one of the final
steps in the liquidation of the af¬
fairs of the old Union Trust Co.
The purchase price will be added to
the $12,000,000 in assets held
by Union Properties, Inc., and the total
will be divided
equally between the Union Bank of Commerce and the
-creditors of the Union Trust Co.
The
property of this
corporation
at
Mollie A. Cohen of Philadelphia,
of
of
6 Months Ended
Corp.—Properties Sold—
sale
City, N.
wholly-owned
a
floor.
ground
Ventnor Boat
The
Cleveland, O.—Sold—
was
20.—V.
—.
common
June
over
Net
The
(&
by
have
trustee.
charges and
output
ended
week
plan
three
repaid.
a
appointed
for
West Penn Electric
1.76%
the
period,
2027.
p.
Power
week
sinking fund, $18,000 of 15-year sinking fund 3% de¬
bentures, due July 15, 1962, at 102 and Interest.
Payment will be made
at
the Old Colony Trust
Co., trustee, 45 Milk Street, Boston Mass.
—V. 169, p. 210.
Year.—V.
per
169,
Other
15,
of
appeal
company as a voting trust hold¬
Holders of present deben¬
candidate for one of the trustees.
is
holders
July
-
Earnings
Redemption—
redemption
before
sales
Income
the
cf
chosen
profit after
—V.
is
There
outstanding.
Coal
be
candidate
Net
an
Van Norman Co.—Partial
will
the
the
loan
nominate
debenture
Walworth Co.
the
support
control
RFC
to
of
Quarters Ended March 31—
vending machines which
category of soft drinks*are now :n
orange
juice concentrates gives a
margin
Frozen
sufficient
to
the
trustees
Net
for
room
chosen
their
Consummation
expiration
next
■
■
be
20
allowed
Present
nominate
loan.
,
until
be
three
•
Corp.
July
be
stock
will
RFC.
that
are
the
will
all
All
Earnings, Etc.—
concentrate
advertising budget of $l,000,u00,
very higfi for a new company," Mr. Fox said.
"In the current fiscal
year to July 31, 1949, Vacuum Foods
Corp.
will show
a
profit of better than $1,000,000 before
taxes."—V. 169,
p.
1273.
1947
$4.05
juice
orange
to
trustees
com¬
,
$35,759,489 $28,300,609 $19,679,612
4,485,318
4,004,812
2,578,730
taxes.
exemption
expansion in the orange juice
concentrate business because in the
market in which we are active
only 15% or 20% of the people have ever heard of frozen
concen¬
trates.
Drug store counter dispensers and
Passenger
April of 1948.—V.
1949
for
*
"There
Subs.)—Earnings Higher—
_____
request
Foods Corp.—Estimated
the
year
which
Fiscal Years Ended
April 30—
Wet sales
the
Prior
2321.
prospects
TWA's
passenger traffic volume in April increased by almost
25% over
April 1948.
Airfreight ton miles flown during the month
up by more than 70%
over
the same month a
of
year
and
p.
Finance
pected by Aug. 1.
sale
year
the pack may aggregate 20,000,000 to
25,000,009 gallons and
total orange crop production
approximate 70,000,000 boxes, John M.
Fox, President of Vacuum Foods Corp., stated on
June 15 at a
meeting
of the New York Society of
Security Analysts. To instance the rapid
growth of this new industry, he
compared present and
anticipated
production with, production of
2,000,000 gallons last year and 500,000
gallons the previous year.
-v
com¬
$9,233,711
749,234
released
stock
' 57
(2689)
construction
industry will pack between
8,000,000 and 9,000,000 gallons of product in
Florida, this corporation
producing between 35% and 40% of the total;
1949
__
hearing for July 6 upon the proposed
a
bidding.—V. 169,
This
4
Inc.—Earnings—
OF
CHRONICLE
tures
balance
the
revenue
after
Preliminary
p.
petitive
scheduled
Peninsula
a
DC
obtained,
trustee.
Upper
which
Douglas
being
FINANCIAL
four-
obtain
and
the
certificate
liens
other
for
The SEC has
of
169, p. 2465.
Transcontinental
•Gross
for
used
the
airworthiness
lour-engine aircraft, which upon
be
transferred, free and clear of
pany.—V.
50-paSsenger
approximately $90,01)0
of
sum
&
proposal, the companies requested that the issuance of a
final order
approving the transactions be delayed because of
adverse conditions
affecting Upper- Peninsula.
by the company under a lease with the trustee.
other airplane
presently owned by the company is not licensed
and is not
being operated.
PURPOSE—To obtain funds with which to
pay
off the unpaid
balance in the amount of $44,474
owing on the consolidated two air¬
craft
chattel mortgages,
covering Dcuglas DC 4
The
engine
COMMERCIAL
•
■
;$603,102
t
t
486,656'
>
$1.24
•
58
THE COMMERCIAL & FINANCIAL CHRONICLE
(2690)
Monday, June 20, 1949
STATE AND CITY DEPARTMENT
--x
•
BOND PROPOSALS AND NEGOTIATIONS
CALIFORNIA
ALABAMA
Bond
June
bonds offered
school
Stubbs, Smith & Lombardo, all
Birmingham, Thornton, Mohr
&
of
Montgomery,
First
Bank, of Birmingham,
Co.,
National
and Watkins, Morrow &
gomery,
Co., of Birmingham, on a bid re¬
flecting a net interest cost of
about 2.94%. Dated June 1, 1949.
Due
1952 to 1979
June 1 from
on
inclusive. The second highest
bid¬
der
was
Equitable
Securities
Corp., and Associates, on a bid
reflecting a net interest cost of
13
June
were
California
the
to
Bank,
of Los Angeles, and
Associates, at
price of 100.17, a basis of about
2.84%, as follows:
a
$50,000
Mont¬
of
Bank
National
First
offered
bonds
2y2s.
as
from
48,000
'
1950
Due
3s. Due
as
second
John
Nuveen
&
$25,000
3s, at a price
Co., for
2s, and $73,000
as
of
as
100.30.
School District,
Angeles (P. O. Los Angeles),
Bond Offering—Harold J.
Anchorage Indep. Sch.
Diet.,
Bond
school
Sale
The
—
bonds
$1,600,000
June
offered
14—
169, p. 2362—were awarded to
a syndicate composed of Blyth &
Co., Foster & Marshall, both of
v.
not
Co.,
Stranahan,
Harris
&
Co., Inc., of Toledo,
John Nuveen & Co., of Chicago,
Boettcher
&
Co.,
of
Denver,
Woodard-Elwood & Co., of Min¬
neapolis, William P. Harper &
Son & Co., of Seattle, and Seasonof
June
purchase of $1,600,000
to exceed 5% interest school
$35,000 from 1950
1955 inclusive, and $30,000
to
from
1956
These
of
from
960,000
1950
to
1960
33/4s.
as
Due
bonds.
July 1, 1949.
July 1
on
1952 to
the
office.
A
amount
the
for,
certified
payable
(P. O. Phoenix), Ariz.
2254—were awarded to Boettcher
& Co., of Denver, and
Refsnes,
Ely, Beck & Co., of Phoenix,
jointly, at a price of 100.02, a
basis of about 2.9%, as follows:
Due
on
13/4S.
Due
on
July
July
1,
1,
1952
14,000
as
July
1,
2s. Due
as
14,000
as
2y4s.
July 1, 1954.
Due on July 1,
2V2S.
Due
on
1955.
52,000
as
from
26,000
as
1960
91,000
from
In
1956
1962
July
1959
on
1
incl.
Due
2%s.
and
as
to
on
July 1,
1961.
27/ss.
to
Due
1968
addition
to
on
July 1
Jan.
1, 1951.
The second
highest bidder was John Nuveen
& Co., for $53,000 as
2s, $14,000
as
2y4s; $27,000 as 2y2s; $26,000
as
2%s; ;-$39,000.as 2%s,
and
$91,000 as 2%s, at a price of
100.14,
a
y4
basis of about 2.91%.
without
composed
of
sold
T.
J.
Raney & Sons, Southerrj 'Securi¬
ties Corp., W. R. Stephens Invest¬
ment Co., and Hill, Crawford &
Sahford, all of Little Rock, as 3s.
These
bonds
were
the election held
on
authorized
Nov. 2,
A
certified
check
$2,700, payable to the County
Treasurer, is required.
Oxnard
Union
High Sch. Dist.,
County (P. O.
Ventura), Calif.
Bond Offering—L. E.
Hallowell,
County Clerk, will receive sealed
bids until
10 a.m.
(PST) on June
purchase of $1,776,000
not to exceed 3% interest school
bonds. Dated June 15, 1949. De¬
21
for the
nomination $1,000.
15,
as
follows:
1968
Due
on
1949. Principal
(J-D)
payable
at
$90,000 from
1950
inclusive, and $66,000 in
Principal
and
interest
County
are
the
at
1948.
authorized at the election
held on May 10. A certified check
for 3%
of the bid,
payable to the
Chairman of the Board of Super¬
visors, is required.
Pleasant
Grove
Sacramento
office.
Treasurer's
interest
County
and
the
15,
Legality
ap¬
by
Orrick,
Dahlquist,
Herrington, of San Fran¬
proved
Neff &
cisco.
-
Riverdale
Joint
Sch. Dist.,
Union
Fresno
County (P. O.
Fresno), Calif.
Bond
School
f
1949.
Denomination
$1,-
July i from
Principal
(J-J) payable at the
First National Bank, Boston. Bid¬
1950
inclusive.
1969
to
interest
and
the rate of interest,
in a multiple of Vt or
1/10 of 1%.
The approving opin¬
name
expressed
ion of Ropes, Gray, Best, Coolidge
& Rugg, of Boston, will be fur¬
nished
the purchaser.
to
until
bids
10:30
June 24 for the
not
000
100.13,'
second
District,
July
(J-J)
from
1
held
on
Due $10,000
1959 in¬
1950 to
interest
County
and
the
office.
authorized
were
These
at
the
bonds
election
May 20. A certified check
on
$1,000,
Offering
about
1.73%".
bidder
First
was
Chicago,
Bank,
Glore#"
Forgan & Co., A. C. Allyn & Co.,
Braun,
Bosworth
&
Co.,
Inc.
Milwaukee Co., Milwaukee, Julieri
Collins & Co., and Blewer, Heitner
& Glynn, jointly, as 2s, at a
price of 101.68^
INDIANA
Allen County (P. O. Fort
Indiana
Bond
Joseph
—
Dated Oct. 1, 1947.
$1,000.
A.
Denomination
$500,000
Due
and
on
Oct. 1,
Principal and in¬
1957.
terest payable at the office of the
State
Treasurer,
the
at
or
Hart¬
ford-Connecticut Trust Co., Hart¬
ford,
at the Chemical Bank &
or
Trust
Co.,
ders to
New York
City.
Bid¬
the rate of interest,
expressed in a multiple of Vsth of
1%.
The
approving opinion of
name
Storey,
Thorndike,
Palmer
&
will be fur¬
of Boston,
at the expense
State.
of
the
A certified check for $20,-
000, payable to the
quired.
Wayne),
State,
is
re¬
payable
to the
Board
sealed
Sale—The $150,000
offered June 15
school
169,
v.
—
2466
p.
—
were awarded
to R. D.
Co., of New York, as
price of 100.322, a basis
,
White
&
l%s. at
of
a
about
1.71%.
1949 and due
on
to 1969 inclusive.
of
100.145
for
Dated
July 1.
July 1 from 1950
Second high bid
13/4s
made
was
Municipal Utility
(P. O. Sacramento),
Calif.
$321,000
June
on
until
22
11
the
for
purchase
of
$350,000 not to exceed 5% interest
building-1949
coupon or
notes/Dated
June
nomination
June
on
payable
(J-D)
Due
at
interest
District
Bidders
of
rate
$35,000
1959 in¬
and
the
office.
the
pressed in
registered
1949. De¬
1950 io
Principal
Treasurer's
name
15,
$1,000.
15 from
clusive.
interest,
to
1951 to 1959
on
(P.
the
Sale —The
disposal
age
sew¬
offered
June
14—v. 169, p. 2577—were awarded
to
the
National
Newark,
and
State
Bank,
Dunn
Mackey,
of
&
Co., of New York, jointly, as l3As,
at a price of
100.97, a basis of
1.64%. Dated July 1, 1949.
about
Due
July 1 from 1950 to 1969
on
inclusive.
will
be
on
80,000 23/4s. Due
1965
July 1 from
to
1972
on
ILLINOIS
a
be
(P.
or
$50,000 3s
a
net
2.76%,
interest
was
composed
and
Bond
of
about
made
of
by an account
William R. Staats
j
Offering—Rolla
J.
Mot-
Authority.
'
Ansonia, Conn.
Bond
ceive
Offering
—
bids
until
will
7
J.
re¬
p.m.
purchaser at
County.
A
certified
In-,
check
for
3% of the face value of the bonds
bid
of
payable
upon,
to
the
Board
County Commissioners, is
quired.
re¬
»
Anderson
Township School
Township, Ind.
,
ing of 1949 bonds offered May 24
169, p. 2038—were awarded
—v.
the
to
Anderson
Bank, and the
Co., both of Indmnapolis, jointly, as 2s, at a price of
101.38, a basis of about 1.79%.;
Union Trust
Dated March
15, 1949.
Due on
July 1 from 1950 to 1963 inclusive.
Attica, Ind.
Offering—Lillian
City
sealed
(CST)
bids
June
on
of
Liven-
Clerk-Treasurer,
27
$28,000
until
not
will
2
p.m.
the
for
pur¬
to
exceed'
Dated June
1949.
Denomination $1,000.
$4,000
on
on
1,
Due
July 1, 1950, and $2,000
July 1, from 1951 to
Jan. 1 and
1956.
Bidders
to name a single
interest, expressed in a>
multiple of 3/4 of 1%.
The ap¬
rate
of
proving opinion of Ross, McCord,
Miller, of Indianapolis, will
Ice &
be
furnished
the
to
purchaser at.
of the City. A certi-'
expense
Bedford
Bond
»
School
Offering
169,
Ind.
R. A. Tindal,.
—
Author¬
Trustees, will receive sealed bids
until
for
to
7:30
the
exceed
and
(CST)
p.m.
purchase
31/2%
on
June 28-
of $200,000 not
interest building
improvement of 1949
Dated July 1, 1949.
$1,000. Due $6,000
and
$6,000
from
1951
$7,000
on
Interest
on
bonds-
Denomination^
on
Jan.
1
July 1, 1950;;
and July L
to 1958 inclusive, andJan. 1 and July; 1, 1959.'
J-J.
The
approving
Ross, McCord, Ice &,
Miller, of Indianapolis, will be
furnished to the purchaser: at the
opinion
of
expense
of
certified
check
able
to
the
the
School
City.' A
$10,000, pay-'-
for
School
City,
■;
quired.
No. 61
school
City,
is
re¬
■
County, Decatur Sch. Dist.
Bond
(P. O. Decatur), III.
Sale
bonds
—
The
offered
$2,004,600
June
14—v.
2466—were awarded to a
p.
syndicate composed of the Harris
Weeks,
City
Terrence
City Treasurer,
sealed
J-J.
the
the
•
Macon
William
Prydun,
A certified check
ity, is required.
&
CONNECTICUT
to
of
expense
Secretary of the Board of School
Trust & Savings Bank, of Chicago,
Chase National Bank, Hornblower
Co., and Dean Witter & Co.
J
the
$180,000 23As,
cost
name
City, is required.
Illinois
}
inclusive.
All of the bonds are dated July
1, 1949. Second high bid of 100.02
for
furnished
the
terest
Airport Authority
O. Box 45, East Alton),
for $1,000, payable to the
July 1 from
Bidders to
of
proving opinion of Ross, McCord,
Ice & Miller, of Indianapolis, will
Civic Memorial
A
1964 inclusive.
to
inclusive, and $17,000
fied check for $500, payable to the'
taz, Chairman of the Board of
Commissioners, will receive sealed
quired.
bids until 7:30 p.m." (CST) on June
27 for the purchase of $125,000
Washington Elementary Sch. Dist.
airport development bonds. Dated
(P. O. Woodland), Yolo
July 1, 1949. Denomination $1,000.
County, Calif.
Due on Jan. 1, as follows: $11,000
Bond Sale—The $230,000 school
from 1955 to 1964 inclusive, and
bonds offered June 13—v. 169, p.
$15,000 in 1965. Principal and in¬
2362—were awarded to Kaiser &
terest payable at the Illinois State
Co., of San Francisco, at a price Bank of East Alton.
The approv¬
of 100.05, a net interest cost of
ing opinion of Chapman & Cutler,
aboutf>2.637%, as follows:
of Chicago, will be delivered by
$150,000 2V2s. Due
of
in->
3%
interest, expressed in
multiple of */4 of 1%. The ap-
the
-
furnished
purchaser without cost.
(CST)
a.m.
purchase
exceed
4V2% street bonds.
$250,000
bonds
to
1, 1960.
rate
chase
O.
certified check Ic* $5,000, payable
to the District Treasurer, is re¬
1950
Jan.
receive
a
Francisco,
the
to
Bond
ex¬
multiple of J/4 of 1%.
The approving opinion of Orrick,
Dahlquist, Neff & Herrington, of
San
not
10
the
bridge of 1949 bonds. Dated
July 1, 1949. Denomination $1,000.
Due
$16,000
on
July
1,
1950;
$16,000 on Jan. 1 and July 1 from
good,
Wilmington), Del.
(PST)
a.m.
Wiss-
terest
Bond
County, Quarryville
Sanitary District
Offering—Joseph E. Spink*
District
Secretary, will receive
bids
Castle
for
24
by
DELAWARE
New
C.
Bond Sale—The $130,000 build¬
Bond
bonds
until
bids
June
on
Lincoln R. Young & Co.
Supervisors, is required.
sealed
Offering—Fred
County Auditor, will receive
man,
Rocky Hill, Conn.
interest
5%
Principal
payable
at
Treasurer's
(PST)
a.m.
Denomination $1,000.
clusive.
Bond
Dated July 1, 1949.
school bonds.
County
Bond Sale—The
$45,000 school
bonds offered June 13—v.
169, p.
of
highest
National
(State of)
Adorno, State Treasurer, will re¬
ceive sealed bids until noon (DST)
on
June 28 for the purchase of
$1,000,000 Wilbur Cross Parkway
coupon
or
registered
bonds.
Dodge,
<
(P. O.
Sacramento), Calif.
basis
a
Dated June 1, 1949. Due on Dec. 1
from 1950 to 1967 inclusive. The
purchase of $100,-
exceed
to
Connecticut
nished,
Offering—E. Dusenberry,
County Clerk, will receive sealed
June
bonds
hospital bonds has been
group
cost.
payable
at
the
Treasurer's office. These
Bonds Sold—An issue of $300,a
multiple
approving
a
(J-D)
Bradley County (P. O.
Warren), Ark.
,
in
The
for
to
ARKANSAS
to
1 %.
the rate of
opinion of Orrick, Dahlquist, Neff
&
Herrington, of San Francisco,
will be furnished to the purchaser
1969.
000
expressed
of
cou¬
the entire issue will bear
interest to total 4%, from
July 1,
to
Principal and interest (F-A) pay¬
able at the County Treasurer's of¬
Ventura
above
pon,
1949
C. C. LaRue,
inclusive, and
$2,000 from 1958 to 1967 inclusive.
of
1,
Dated
Due $10,000 on
Note
name
im¬
bonds.
000.
Sacramento
1957
Bidders to
pur¬
exceed
permanent
July
1956
All of the bonds are dated June
District
—
the
to
of
Board
or
registered bonds. Dated
Aug. 1, 1949. Denomination $1,000.
Due on Aug. 1, as follows: $1,000
fice.
15 in
1958 and 1959.
of
pon
to
on
June 15
1957 inclusive.
Due
1954 to
13/4s. Due on June
80,000
for
10 a.m. (PST) on June
27 for the purchase of $27,000 not
to exceed 5% interest school cou¬
1951
to
iy2s.
from
3%
County Clerk, will receive sealed
from
on June
15
1953 inclusive.
Due
1950
from
Dist., Sacramento
O. Sacramento),
(P.
for
not
coupon
Asso¬
Savings
&
13/4s.
$160,000
bid
bids until
incl.
the
for
bond
the
Offering
interest,
1953.
14,000
the
Calif.
Bond
Bond Sale—The $250,000 school
bonds offered June 6—v. 169, p.
IV2S.
check
of
to
Sch.
County
on
of
rate
of
ARIZONA
as
1950
from
1969 inclusive.
Maricopa County Sch. Dist. No. 6
13,000
in
$45,000
interest
provement
America
of
ciation, of San Francisco, as fol-.
on
Lincoln
as
IV4S. Due
1950 and 1951.
$95,000
and
$200,000
^
Bank
Trust
National
Supervisors, is required.
about 3.89%.
$26,000
Due on July 1,
follows:
1951,
Dated
interest, ex¬
pressed in a multiple of y4 of
1%. Principal and interest (J-J)
payable at the County Treasurer's
1, 1949. The second
of
City
District
School
inclusive.
highest bidder was A. C. Allyn &
Co., and Associates, for 4s, and
3%s, on a bid reflecting a net in¬
terest cost
Unified
Culver
1,000,000
name
was
the
to
balance
the
are
Denomination $1,000. Bidders to
from 1961 to 1969 inclusive.
Dated July
bonds
1
July
on
bonds
cently
inclusive.
1968
to
600,000.
and
Due
$400,000
awarded re¬
Bond Sale—An issue of
authorized issue of $1,-
an
as
3V2S.
Dated
bonds.
Due on July 1,
follows:
as
a
as
District
School
Unified
City
July 1, 1949.
& Mayef, of Cincinnati, at
price of 101.00, a basis of about
3.62%, as follows:
County (P. O.
Fairfield), Calif.
on
follows:
as
Culver
good
$640,000
(PST)
a.m.
bonds, divided
York,
New
9
$600,000
Seattle, Allison-Williams Co., of
Minneapolis, B. J. Van Ingen &
Solano
the
for
21
Alaska
until
of
ders to
Elementary Sch. Dist.,
Vista
Rio
Ostly,
County Clerk, will receive sealed
bids
Due on July 1 from
highest bidder was Weeden & Co.,
for 3y4s, at a price of about 10(7.18.
160,000
Calif.
about 2.94%.
ALASKA
1974 inclusive. The second
lows:
Culver City Unified
Los
1949.
1951 to
school
highest bidder was
Dated
2.95%.
June 1,
inclusive.
1960 to 1969 inclusive.
The
price of 100.50,
as 3s, at a
basis of about
a
Trust
June. 22
on
2V2%
National
cisco,
July 1 from
on
(DST)
chase
America
July 1
on
1959
to
the Bank
to
Savings Association, of San Fran¬
O.
Calif.
Bond Sale—The $98,000 school
awarded
awarded
&
of
Riverside),
p.
of
2466—were
District,
Riverside County (P.
15—v.
2576—were awarded to a
syndicate
composed
of Sterne,
Agee & Leach, Hendrix & Mayes,
169,
School
Beaumont
Decatur, Ala.
Sale
—
The
$1,500,000
both
Blaif
National
&
of New York,
Co., of Chicago.
Bank
'&
Trust
Co., of Kansas City, White-Phil¬
lips Co., and Quail & Co., both
of Davenport, as l34s, at a price of
Center
Twp. (P. O. Liberty), Ind..
Bond
Sale—The
$86;500 school-
aid of 1949 bonds offered June 15
were
awarded
to
the
Union
County National Bank, of Liberty.1
Bonds are dated June 1, 1949.
Denomination $1,000. except one
for $500.
Due 1,500 on July 1,
1950; 5,000
on
Jan.
1 and July
1
from 1951 to 1957 inclusive; $5,000.
on
Jan.
1
and
1958; $3,000
1959.
on
Interest
$4,000 on July 1,
Jan. 1 and July 1,J-D.
Legality
ap-
Volume
THE
Number 4813
169
Ice &
proved by Ross, McCord,
Miller, of Indianapolis; \
pressed in a multiple of Va of 1%.
The
;
approving opinion of Ross,
McCord, Ice & Miller, of Indian¬
apolis, will be furnished to the
purchaser at the expense of the
Townships.
'
Center
Twp. Sch. Twp. (P. O.
Point), Ind.
Bond. Offering—Bert Margison,
Trustee, will receive sealed bids
Crown
v
.
,
(
.
until 7 p.m.
(CST) on June 27 for
the' purchase of $20,000 not to ex¬
ceed -5%
interest - improvement
bonds.
Dated April 10, 1949. De¬
Ames
Indep. School District, Iowa
Bond
Offering
—
Frank1 B.
opinion of Chapman & Cutler, of
R. F. J).. Howe), Ind.
J
Sale—The $15,000 school
of the
ther
1949 bonds of¬
fered June 10—v. 169, p. 2467—
were awarded to Mullaney, Wells
& Co., of Chicago, as 2Y4S, at a
price of 100.31, a basis of about
2.20%. Dated June 1, 1949. Due
on-July 1 from 1950 to 1964 inclu¬
sive. . - V.,<
; .• '
.
bonds bid for, payable to
District, is required.
Improvement, of
Indianapolis, Ind.
*
Bremer-Fayette Con. Sch. Diet.
(P. O, Oran), Iowa * .
are
Street storm relief sewer, 1949
■bonds offered June 13—v. 169, p.
at
;
price of par..
a
i
awarded to Blyth &
,2578—were
Wood, of Davenport,
D. Beh Co., of Des
Carleton
Moines, jointly, as 2Vas* at a price
of
100.51.
The
second
highest
bidder was local banks, for 2y2s,
Bond Sale—The $140,000 York
;
build¬
ing bonds.offered June 15—v. 169,
p. 2578-^were awarded to Vieth,
Duncan. &
'
.,
"
Sale—The $45,000
Bond
Calamus, Iowa
Bonds Sold—An issue of $6,800
Co., of Chicago, as 1X/2S, at a price
of 101, a basis of about 1.31%. Town Hall construction bonds has
Dated June 15, 1949. Due oh July been sold to the White-Phillips
1 from 1950 to 1959 inclusive. The \ Co., of Davenport.
;
'second highest bidder was McCedar Rapids, Iowa
'Master Hutchinson & Co., for IVz*,
Bond
Offering — Maude M.
at a price of 100.80.
Krebs, City Clerk, will receive
.Newbury Twp. Sch, Twps. (P. O. sealed and oral bids until 10 a.m.
..
<1
Shipshewana), Ind.
-
Offering—M.
Bond
,
Y.
(CST)
Miller,
will receive
sealed bids until 1 p.m. (CST) on
•June 28 for the purchase of $123,Township
-500
:
not
Trustee,
building
lows:
'
,
,
•
on
000
on
fol¬
-
bonds.
July 1, 1950, and $1,Jan. 1 and $2,000 on
payable to the School Township, is required.
65,500
Civil1 Township- bonds.
Denomination $1,000 and $500.
Due $1,500 on July 1, 1950;
$2,000 on Jan. 1 and $1,000 on
July 1] from 1951 to 1962 incl.,
$2,000 on Jan. 1 and July 1
1963
payable
;
,
-
to
certified
A
1969
check
inclusive.
for
Civil
the
to
$500,
Town-
ship, is required.
Dated
July 1, 1949. Bidders to
name
the rate
of
interest, ex¬
pressed in a multiple of y\ of 1%.
The approving opinion of Ross,
*
McCord, Ice & Miller, of In¬
dianapolis, will be furnished to
the purchaser at the expense of
the Townships.
; /
-
Ray Township School Township
(P. O. Paragon), Ind.
- ;
Bonds
Not
Sold —The
$21,000
not to exceed Axk% interest build¬
ing bonds offered May 11—v. 169,
p. 1931—were not sold, as all bids
iwere rejected. Dated April 1, 1949
and due semi-annually from July
.1, 1950 to July 1, 1960 inclusive.
"
-
Sugar Creek Twp. Sch. Twps.
(P. O. Boggslown), Ind.
Bond Offering—Archie
Fraker,
Township Trustee, will receive
sealed' bids until 1 p.m. (CST) on
lows:
bonds,
divided
as
fol¬
$28',000 school
.
township
bonds.
Denomination $1,000. Due $1,000
op
July 1, 1950, and
$1,000 on Jan. 1 and July 1
;
1
;
'
i
t
*
-
*
frbm
1951
1964 inclusive.
to
27,000 Civil Twp. bonds. Denom¬
ination $5,000.
Due $500 on
July 1. 1951; $1,000 on Jan. 1
and $500 on July 1 from 1952
-
to Jan. 1,1969
Dated June
name
the
1
*
1,. 1949. Bidders to
rate
'
inclusive.
1
of
interest,
.
Nov.
1
in 1962 and 1963;
$18,000
in 1964 and
196S;
$19,000 in 1966; $20,000 in
1967; $21,000 in 1968 and
40,000 2%% school improvement
Sec¬
high bid of 101.06 for 2s was
made by Halsey, Stuart & Co.
'
$17,000
1959 inclusive.
bonds.
lows:
.
Due on July 1, as fol$9,000 from 1960 to 1963
1969.
inclusive, and $4,000 in 1964.
tion $1,000. A certified check for
improvement bonds of¬ $1,000 is required,
fered June 13—v, 169, p. 2467—
Meade County (P. O.
were ■ awarded
to the
Northern
Brandenburg), Ky.
Trust Co., of Chicago, as 2V4S, at
Bond Sale—The $75,000 3%%
a price of 101.197, a basis of about
school
building
revenue
2.155%. Dated July 1, 1949 and high
due on Nov. 1 from 1951 to 1968 bonds offered June 14—v. 169, p.
2578—were awarded to Russell,
inclusive.
:
Long & Burkholder, of Lexington.
; '
Spirit Lake Cons. Indep.
Dated June
15, 1949. Due on
School District, Iowa
June 15 from 1950 to* 1969 inclu¬
Bond -Offering—C. C. Gravatt,
sive.
District Secretary,
will receive
sealed bids until 11 a.m. (CST) on
Wayne County (P. O.
June 21 for the purchase of $275,Monticello), Ky.
000 not to exceed 2y4%
school
Bond Offering—Milton Roberts,
coupon bonds" Dated July 1, 1949.
County Clerk, will receive sealed
Due July 1/ as follows: $10,000
bids until 11 a.m. (CST) on June
from
1951
to
1954
inclusive; 21 for the purchase of $170,000!
$12,000 from 1955 to 1959 inclu¬ bonds, divided as follows:
sive; $15,000 from 1960 to 1964 in¬
$80,000 not to exceed 3%% in¬
clusive, and $20,000 from 1965 to
inclusive.
Bidders
to
.
Dated Aug. 1* 1949.
The ap¬
proving opinion of Wood, King &
Dawson, of New York City, will
be furnished to the purchaser at
the expense of the Parish School
to
the purchaser.
A
certifed check for $5,500, payable
to the District Secretary, is re¬
quired.
April 1 from 1950 to
revenue
bonds.
April 1, as follows:
$5,000 from- 1950 to 1955 in¬
clusive, and $6,000 from 1956
to 1965 inclusive.
;
on
Denomina¬
The bonds are sub¬
numerical
order
on
Four
Lone Jack Indep.
(I*. O.
Mile), Ky.
Bond
Sale
The
—
$30,000 im¬
provement bonds offered June 10
awarded
were
Bond
*
to
the
Bankers
Co., of Louisville, as 3%s,
price of 100.05, a basis ox
a
about 3.74%.
payment date falling af¬
ter April 1, 1954, at face amount
plus accrued interest plus addi¬
tional interest equal to 3% of the
face amount if the stated date
.
.
Bond
Campbellsville,
Offering
—
nished.
school
A certified check for 5%
of the total
issue, payable to the
School Board, is required.
of
redemption is on or before April 1,
1962,, and at face amount and ac¬
crued interest only if thereafter.
Principal and interest (A-O) pay¬
able at the Monticello Banking &
LaSalle Parish Schoot District
No, S (P. O. Jena), La.
Certificate Sale
The $81,000
—
certificates
of
indebtedness
of¬
fered June
Trust
Ky.
J. E. Turner,
interest
4%
Dated
1973, and $42,000 in 1974. The ap¬
proving opinion of Chapman &
Cutler, of Chicago, will be fur¬
any
interest
County,
exceed
1965, $34,000 in 1966, $35,000 in
1967, $36,000 in 1968, $37,000 in
1969, $38,000 in 1970, $39,000 in
1971, $40*000 in 1972, $41,000 in
Dated April 1, 1949.
tion $1,000.
•
Aug. 1, 1949. De¬
nomination $1,000. Due $23,000 in
1950 to 1953, $25,000 in 1954 to
1957, $26,000 in 1958, $27,000 in
1959, $28,000 in 1960, $29,000 in
1961, $30,000 in 1962, $31,000 in
1963, $32,000 in 1964, $33,000 in
1965 inclusive.
house
La.
Offering—O. W. Broussard,
President
Parish
School
Board, will receive sealed bids
until 10 a.m. (CST) on July 14
for the purchase of $770,000 not
90,000 not to exceed 4% interest
inverse
School District
at
No. 2 (P. O. Jennings),
Bond
bonds.
court
Parish
Jefferson Davis Parish Sch. Dist«
to
Due
of each
payable
to
the
School Board, is required.
$5,000
on
boards
of
amount
issue,
ject to prior redemption only in
KENTUCKY
Bell
the
of
terest court house bonds. Due
furnished
A certified check for 3%
Board.
name
interest, expressed in
a multiple of y4 of 1%.'
Principal
ahd interest (J-J) payable at the
First National Bank, Spirit Lake.
The approving opinion of Chap¬
man & Cutler, of
.Chicago, will be
Denomination
from 1964 to 1969 inclusive.
•
1969
District
No. 27
$500.
Due on Feb. 1, as follows:
$2,000 from 1950 to 1955 in¬
clusive; $2,500 from 1956 to
1963
inclusive,
and
$3,000
bonds.
ing and
the rate • of
School
50,000
Dated June 1, 1949. Denomina¬
11—v. 169, p. 2255—
awarded to Felix M. Rives,
were
name
,
ex-
on
ond
59
of
Shreveport, as 3%s.
Dated
July 1, 1949. Due from 1950 to
1967 inclusive.
The second high¬
est bidder was Barrow, Leary &
Co., for 3V2S.
'
MAINE
Portland, Me.
Bond
Offering— John R. Gil-
martin,
ceive
City
Treasurer,
sealed
(DST)
bids
will
until
re¬
noon
June 21 for the pur¬
$1,000,000 permanent im¬
provement coupon bonds. Dated
July 1,1949. Denomination $1,000.
Due $50,000 on July 1 from 1950
to 1969 inclusive.
Principal and
interest payable at the National
Bank of Commerce, of Portland.
on
chase of
,
Bidders to
name
the rate of inter¬
est, expressed in a multiple of Vs
of 1%. The approving opinion of
Ropes, Gray, Best, Coolidge &
Rugg, of Boston will be furnished
to the purchaser without cost.
Walerville, Me.
Bond Offering
Glover,
ceive
(DST)
—
James E.
City Treasurer, will
bids
sealed
until
re¬
noon
June 21 for the pur¬
chase of $80,000 street construc¬
tion coupon bonds.
Dated'July 1,
1949.
Denomination $1,000.
Due
$4,000 on July 1 from 1950 to
1969 inclusive. Principal and in¬
terest payable at the First Na¬
on
.
tional Bank, Boston.
Bidders to
name
the rate of interest, ex¬
pressed in a multiple of Va of 1%.
approving opinion of Storey,
Thorndike, Palmer & Dodge, of
The
Boston, will be furnished to the
purchaser.
—
•
,
T, 1949 and due
from 1950 to 1964 inclusive.
(2691)
1956, and $7,000 from 1957 to
„
June 30 for; the purchase of $55,000 not to exceed 41/2% interest
building
CHRONICLE
Co., Monticello. Bidders to
the rate of interest, ex¬
bonds are part of an $800,000 City, Clerk, will receive sealed pressed in a multiple of Va of 1%.
The approving opinion of Skaggs,
issue authorized at the elec¬ bids until 7:30 p.m. (CST) on June
Hays & Fahey, of Louisville, will
tion held on March 29, 1949. 20 for the
purchase of $50,00C
be furnished to the purchaser.
A
25,000 park bonds. Due on June 31/2% school building revenue
certified check for $1,750 for each
1, as follows: $2,000 from 1950 bonds. Dated July 1, 1949. Denoim
issue Is required. (These are; the
to 1954 inclusive, and $3,000 ination $1,000. Due on July 1, as
bonds originally scheduled to be
follows: $2,000 from 1950 to 1959
from 1955 to 1959 inclusive.
sold on June 14.)
50,000 river front improvement inclusive and $3,000 from 1960 to
bonds. Due on April 1, as fol¬ 1969 inclusive. The bonds will be
LOUISIANA
lows: $12,000 from
1951 to redeemable as a whole or in part
1953 inclusive, and $14,000 in in the reverse order of their num¬
Calcasieu Parish Sch. Dists.
1954.
bering on 30 days' notice on any
(P. O. Lake Charles), La.
interest payment date on or after
Dated June 1, 1949.
Principal
Bond Offering—H. A. Norton,
July i, 1952; at 103* and on or
and interest payable at the City
after July 1, 1959, at 102. The ap¬ Secretary of the Parish School
Treasurer's office. The approving
proving opinion of ■ Woodward, Board, will receive sealed bids
opinion of Chapman & Cutler, of
Hobson & Fulton, of Louisville, until 10 a.m. (CST) on July 14
Chicago, together with
the
will be furnished to the purchaser for the purchase of $1,460,000 not
printed bonds, will be furnished
at the expense of the City. Inter¬ to exceed 4% interest bonds, di¬
by the City. A certified check for
est J-J. A certified check for $750, vided as follows:
3% of the bonds for each issue,
payable to the City, is required.
$570,000 School District No. 30
payable to the City, is required.
bonds.
Denomination $1,000.
Lee County (P. O. Beattyville),
Lawton, Iowa
Due on Feb.
1, as follows:
Kentucky
Bond Offering — H. W. Hays,
$10,000 in 1950; $11,000 in
Bond Offering — Clemmia J.
Town Clerk, will receive sealed
1951 and 1952; $12,000 in 1953
Hurst, County Court Clerk, will
and
bids until 8 p.m. (CST) on June
1954; $13,000 in
1955;
receive sealed bids'until 10 a.m.
20 for the purchase
of $11,000
$14,000 in 1956; $15,000 in
(CST) on June 20 for the pur¬
water works bonds. Dated May 1,
1957; $16,000 in 1958; $17,000
chase of $29,000 3y4% road and
1949. Due on Nov. 1, as follows:
in '1959;
$18,000 in
1960;
bridge refunding bonds. Dated
$500 from 1951 to 1964 inclusive,
$19,000 in 1961; $20,000 in
July 1, 1949. Denomination $1,000.
and $1,000 from 1965 and 1968 in¬
1962; $22,000 in 1963; $24,000
Due on Jan. 1, 1970, but subject to
clusive.
in
Principal
and
interest
1964;
$26,000
in
1965;
call for redemption on Jan.
1,
payable at the Town Treasurer's
$28,000 in 1966; $30,000 in
I960, or on any interest payment
office.
The approving opinion of
1967; $32,000 in 1968; $34,000
date thereafter. Principal and in¬
in
Chapman & Cutler, of Chicago,
1969;
$35,000
in
1970;
terest (J-J) payable at the First
will be furnished to the purchaser.
$36,000 in 1971; $37,000 in
National Bank, Cincinnati.
The
A certified check for $500, payable
1972; $38,000 in 1973, and
approving opinion of Peck, Shaf¬
| to the Town, is required.
$40,000 in 1974.
r
fer & Williams, of Cincinnati, will
515,000 School District No. 22
Mason City Indep. Sch. Dist., Iowa be
furnished
to
the
purchaser
bonds. Denomination
$1,000.
Bond Offering — B. L. Main, without cost. A certified check
Due on Feb.
1, as follows:
Secretary of the Board of Educa¬ for $500 is required.
$19,000 in 1950; $20,000 in
tion, will receive sealed bids un¬
Leitchfield, Ky.
1951; $21,000 in 1952; $22,000
til 10 a.m. (CST) on June 22 for
in 1953 and 1954; $23,000 in
Bond Sale
The $60,000 gas
the purchase of $40,000 building
1955 and 1956; $24,000 in 1957
bonds.
Dated June 1, 1949. Due revenue bonds offered June 10
and 1958; $25,000 in 1959 and
were
awarded to Stein Bros. &
$20,000 on May 1 from 1950 to
1960; $26,000 in 1961; $27,000
1969 inclusive.
Optional May 1, Boyce, of Louisville, as 3y2S, at a
in 1962; $28,000 in 1963; $29,price of par.
1959, or on any interest payment
000 in 1964; $30,000 in 1965;
date
thereafter.
The approving
Madisonville, Ky.
$31,000 in 1966 and
1967;
opinion of Chapman & Cutler, of
Bond .Offering—J. Craig Rid¬
$32,000 in 1968, and $33,000
Chicago, will be furnished to the
in 1969.
:
dle, Chairman*-of the. Board of
purchaser. These bonds were au¬ Education,
will
receive sealed
325,000 School District No. 29
thorized at the general election
bids until noon (CST) on June
bonds.
Denomination $1,000.
on Nov. 2,
1948.
30 for the purchase of $84,000
Due on Feb.
1, as follows:
Oelwein Indep. Sch. Dist., Iowa
bonds, divided as follows:
$13,000 from 1950 to 1952 in¬
clusive; $14,000 from 1953 to
Bond Sale—The $175,000 school $44,000 2y> % school improvement
1955 inclusive;* $15,000 from
bonds.
Due on July 1, as fol¬
building bonds offered June, 14—
1956 to 1958 inclusive; $16,000
lows: $3,000 from 1950 to 1954
v. 169, (p.
257^-Twere awarded to
from 1959 to,,J961 inclusive;
John5 Nuveen &' Co., Chicago, as
inclusive; $4,000 in 1955 and
July 1 from 1951 to 1969 incl.
A certified check for $500,
from
follows:
to 1955 inclusive. These bonds
Denomination $1,000. Due $1,000
v
1
as
township
school
$58,000
-
divided
bonds,
on
$200,000 water works bonds. Due
$50,000 on Oct, 1 from 1952
interest
4%
exceed
to
as
FINANCIAL
2s, at a pjrice of 101.175, a basis of
about 1.853%.''The bonds are dated
June
.
June 23 for the pur¬
chase of $275,000 bonds, divided
>
&
Sac City Indep. Sch. Dist., Iowa
Bond Sale—The $220,000 build¬
Chicago,; will be'furnished by the
Twp'.Sch. Twp. (P. O. District. A certified check for 2%
Greenfield
Bond
.
Howell, Secretary of the Board
of Directors, will receive sealed
bids-until 2 p.m. (CST) on June
24 for the purchase-of $400,000
school
building
bonds.
Dated
July 1; 1949. Due on July 1, as
follows: $10,000 from 1950 to 1953
inclusive; - $15,000 in
1954 and
1955; $20,000 from 1956 to 1959
inclusive, and $25,000 from 1960
to 1969 inclusive. The approving
July 10, 1950, and $1,000 on Jan:
10 and July 10 from 1951 to Jan,
10,
1960
inclusive. Bidders to
name a single rate of interest* ex¬
pressed in a multiple of Va of I %..
Interest J-J. .The approving opin¬
ion, of Ross, McCord, Ice & Miller,
of Indianapolis,, will be furnished
.to.. the
purchaser.
A ■ certified
check for 1% of-the par value of
the bonds is required.
.
.
IOWA
nomination $1,000. Due $1,000 on
j"
COMMERCIAL
,
',. tV
,
■
.
"
.
■■,
't
.
.
,,
,
,
r:-
i-
1
MARYLAND
■
County (P. O;
Annapolis),-4 Md.
Anne Arundel
B b n d
school
S
a
I
e
—
The $3,500,000
bonds
construction"; 1949
Offered June 15—v. 169, p. 2363—
were
awarded to
a
syndicate com¬
posed of the Bankers Trust Co.,
Blyth & Co., both of New York,
Mercantile-Commerce
Bank
&
Co., of St. Louis, Equitable
Securities Corp., Nashville, (F. S.
Trust
Moseley & Co.,4 of New York,
Schoellkopf, Hutton & Pomeroy,
of Buffalo, and Hannahs, Ballin
60
(2692)
& Lee, of New York, at a price
o£ 100.05, a basis of about 2.30%,
as follows:
Bond Sale
erson,
2579
*
,
re¬
Series B bonds offered
169, p. 2467—were
a syndicate composed
of Phelps, Fenn & Co., R. S. Dick¬
son & Co., Paine, Webber, Jack¬
son & Curtis, Eldredge & Co., all
of New York, Schoellkopf, Hut(ton & Pomeroy, of Buffalo, F. W..
Craigie &
Co.,
of Richmond,
funding,
14—v.
June
awarded to
ceive
3s.
175,000 as
1
pue on June
1
from 1955 to 1962 inclusive.
175,000 as 2%S.
,
Due ori June 1
from 1963,to 1969 inclusive.
4
Dated June
-
1, 1949.
MASSACHUSETTS
( *
Bond Sale-—The
bonds
loan
169,
11
1,
from
1950
and
bonds.
1949
July
1959
to
on
$637,000 school
Act
date
mon
Bros,
&
Hutzler,
All the notes
1949.
Due
on
of
000 coupon
lows:
'
e n i
bonds. Due
—
(DST)
bids
1954
Howard B.
June
on
a.m.
22 for the
as
pur¬
;
coupon
J
bonds,
follows:
o r
on
High School
July 1, as fol¬
from
of,. 1948
July 1
inclusive.
.1969 inclusive."
.
...
;
•<;
A.
1964
inclusive.
Second
high
bid
cial
on
assessment
coupon
bonds.
May 1, 1949. • Denomina¬
$1,000. Due on May 1, as
follows: $12,000 in 1950, and $19,-
Dated
Union Securities Corp., New York.
tion
Newton, Mass.
000
Note Sold—An issue of $500,000
notes has been sold at 0.69%
(EST)
p.m.
June 21 for the purchase of $183,000 not to exceed 6% interest spe¬
of 100.93 for 1 %s was made by the
from
1951
to
1959
inclusive.
Principal and interest (M-N) pay¬
dis¬
able
elusive,
^
at
the
Offering—Walter
Note
E.
and Summerfield Twps. Frac.
Sch. Dist. No. 5 (P. O.
Col¬
lins, City Treasurer, will receive
sealed bids until 11 a.m. (DST) on
June 21 for the purchase of $600,000 notes. Dated June 21, 1949.
Denomination $50,000 and $25,000.
Due on Dec. 15, 1949. Payable at'
the Second National Bank, Boston.
The approving opinion of Storey,
Thorndike, Palmer & Dodge, of
of 1949 bonds. Due
notes
notes
June
on
?
June
1 from 1950 to 1969 inclusive.
1 from
on June
1950 to 1959 inclusive.
50,000 water bonds. Due
1 from
on
June
1950 to 1959 inclusive.
50,000 Macadam Pavement bonds.
Due
9—v.
on
June
1 from 1950 to
1954 inclusive.
2467—were awarded to the
p.
June 1
80,000 street bonds. Due
$425,000 Second
offered
on
100,000 sewer bonds. Due
awarded to
Hanover
&
Bank
Dundee), Mich.
Bond
Offering—E,
Water-
C.
stradt; Sedretaw of the Board of
Education* wiif receive sealed bids
until 8 p.m.
(EST) on June 21 for
purchase of $375,000 not to
the
exceed 4%
bonds.
interest school coupon
Interest A-O.
Ecorse, Mich.
Bond
mann,
Offering—Don
City
Clerk
H.
will
Beck-
receive
sealed bids until 7:30 p.m. (EST)
June 21 for purchase of $12,800 riot
to exceed 3 % interest special assess¬
ment
paving coupon bonds. Dated
1,1949. Denomination $1,000,
except one for-$800. Due on June
1, as follows: $3,000 from 1950 to
1953 inclusive,4 and $800 in 1954.
Principal and interest (J-D) pay¬
able at the Ecorse-Lincoln Park
June
Bank, Ecorse Branch, Ecorse.; Bid¬
ders to name the rate of interest,
expressed in a multiple. of V\ of
1%.
The approving opiniOri of
Miller,
Canfield,
Paddock
&
Stone of Detroit, will be delivered
to the purchaser without cost.
A
certified check for 5% of the total
par
value of the bonds, payable to
the City Treasurer, is required.
Trust
$600,000 school loan. Act of 1949
bonds. Due on July 1 from
•1950 to.1969 inclusive.-1
;v /
60,000 water loan bonds. DuO on
July ,1 from 1950 to 1961 in-
r-v
.
•'
elusive,
^
r'
Dated July 1, ,1949. ;
from
1950 to, J964' inclusive,
»and $13,000 from 1965. to 1974
.
"
NorthAdams, Mass.
•
_
inclusive.
•
Treasurer.
from 1950 to 1969 inclusive.
"
/
.
count, as follows:
.
.,■
-
$9,Opo;: from 1&>7* to 1969 ifi-
'elusive.
.
l
Woftdg
Dated • July 1 j 1949^ "Denomina¬ / Bond Sale^The $168,000
■offered June 16-^-v. 169,"pf. 257p-4tion $1,000. Principal and interest
weire1 awarded to Lyons 8c Shafto
payable at the Day Trust Co., Bos¬ of Boston and W.
E. Hutton & Co.
ton.
The approving opinion of
of New, York, jointly, as l^s/ at
Storey,
Thorndike,. Palmer
8c a price of
100.34, a basis of about
,
Battle Creek and Bedford Twps.
Frac. Sch. Dist. No. 2 (P. O.
Battle
Creek), Mich.
Bond Sale-r-Tha
$2(|0,000 build¬
>
$500 in 1968.
t:JU
•;
Dated June 1, * 1949^; Bidders to
name
the ..rate
of interest, lex-
pressed in
a
multiple'of
^bf/l%.
and
interest ?:(JhD)
ing bonds .offered June. 15r—v,^169, Principal,
payable at. the Village treasurer's
p. 2579—were awarded to StranOffice, The approving,6pmidn of
ahan, Harris 8c Co., Inc. of Toledo,
some
market attorney, shall be
at a price of 100.03, a basis' bf
funished by the purchaser' at his
abdut 2.33 % I as follows:': : /
'$120,000. as 2y2s. Due on April 1
from [1950 to 1955.inclusive;
80,000 as 2% s: Due on April 1
Own
for
A certified check
expenses.
.
$200, for each :issu£, 'payable
to thb Village Treasurer; is | !re-»
tion $1,000. Principal and interest
-quired.•" [V •
•
'•
;
from 1956 to 1959 inclusive.
/payable at the Merchants Nation^
al Bank, Boston. Bidders to name
Dated June 1, 1949. ^The sec¬ Grosse Pointe: (P. O. Grosse Pointe
the rate of interest, expressed in
Park),' Mich.
ond highest bidder was Halsey,
Dodge, of Boston, will be fur¬
j;a multiple of y^oi >1 %u..The; »ap1.42%, as follows:
Note Sale—The $40,000 tax an¬
nished to the purchaser. Bidders
Stuart
&tCo. Inc, on a bid.xeflect- ticipation notes offered 'June 13-—
proving opinion-of Storey* TJborn$80,000 sewer and highway hondi
/ dike,* Palmer) &; Dodge, of Boston,, ; to1 name the rate-of interest, ex¬
Due on July 1 from 1950 to ing-'neb ■ interest cost jof-about v.
169, p» 2468-^were awarded to
/ will bei furnished ?to the purchaser. pressed in ra[
1* 1^59*
inclusive. 3 J multiple of ^4. of 1 %!.
2.39%.
i'•' jqso.'.ji i i t
■'
?; * Be
the, Grosse POirite Bank, of Grosse
t./y; >
■> '
1,1
''A
I.'* Z~.
j
300::;
Ml *
1"
-..a'
/M/'H
"
''1 i J'it
"/i»
I.;' i
: f,: J- r - -ft" •
.r; •,
.;}
v4-..
e
»
'.kr• ->•
i.
7 '
">
u'Is'i
.
.
.
•fc'.
Myron
•
340,000 water main (bonds. Due
op-j(uly :1,; a$ follows:, $14 000
Dated July 15; 1949. Denomina-
—
follows:
as
35,000 Water Department Equip*
* ment
bonds.
Due $7,000 on
July 1 from 1950 to 1954 in-
:
inclusive.
Offering
'
on
000 from -1950 to 1966 inclu¬
■*,
->
and $8,000
to 1969 inclusive.
sive, and $2,000- from 1967 to
v.
■
20,
will
from 1950 to 1959
$20,000 from ,1950 to 1956 irielusive; $17,000 in 1957 and
1958,' and $16,000 frdm 1959 to
1969
-
a
37,000 pumping
station
bonds.
Due on July 1, as follows: $3,-
$350,000 school, Act of 1949 bonds.
//,
Due, br» July 15, as follows:
:
Dearborn, Mich.
Bond
Edmore Rural Agric. Sch. Dist.,
Dated June 1, 1949. The secondMichigan
highest bidder was Halsey, Stuart
Bond Sale —The $55,000 school
& Co., and Harriman Ripley & Co.,
Inc., jointly, for 2s, at a price of building bonds offered June 14—
v. 169, p. 257£br-^ere awarded to
100.87.
\
v
Paine, Webbe^; Jackson & Curtis*
der
was
the
Central
Hanover
Of Chicago, a^2V2S and 2y4S. Dated
Bank & Trust Co., New York, at
MICHIGAN
June 1, 1949. Due on April 1 from
0.93% interest, plus a premium
1950 to 1954 inclusive. The second
Of $13.
Ann Arbor, Mich.
highest bidder was Channer Se¬
Bond Offering—Fred C. Perry,
Nahant Housing Authority, Mass.
curities Corp., Chicago, for 2%s.
City Clerk, will receive sealed
Note Offering — John I. Mc¬
bids until 3 p.m. (EST) on June 20 Estral Beach (P. O. Monroe), Mich•
Laughlin, Chairman, will receive for the
purchase of $99,000 not to
Bond Offering—George E. Jusealed bids at the office of the
exceed. 5% interest sewer district
chartz, Village Clerk, will receive
State Housing Board, 18 Tremont
245 coupon bonds.
Dated June 1, sealed bids until 7:30 p.m. (EST)
Street, Boston, until noon (DST)
1949.
Denominations $1,000 and on June 22 for the purchase of
on
June 21 for the purchase of
$500. Due $16,500 on Aug. 1 from $25,000 not to exceed 5% interest
$152,000 First Series notes. Dated
1950 to 1955 inclusive.
Principal coupon bonds, divided as follows:
July 1, 1949. Due on May 15, 1950.
and interest (F-A) payable at the
The approving opinion of Sulli¬
20,000 general obligation bonds.
State Savings Bank, Ann Arbor.
van
Donovan
&
Denomination
500.
Due
on
Heenehan, of
Bidders to name the rate of in¬
New York City, will be furnished
Dec.
1,
as
follows:
$1,000
terest, expressed in a multiple of
from 1950 to 1954 inclusive;
by the Authority.
Va of 1%\ The approving opinion
$1,500 from 1955 to 1960 in¬
of Miller, Canfield, Paddock &
-t
Natick, Mass.
clusive, and $2,000 from 1961
Bond Sale—The $660,000 bonds Stone, of Detroit, together with
to 1963 inclusive..
offered June 15—v. 169, p. 2579— the printed bonds, will be paid by
5,000 general obligation/bonds.
were awarded to the First Nation¬
the
City. A certified check for
Denomination $250. Diie '6n
al Bank of Boston, as 2s, at a price $2,000, payable to the City Treas¬
Dect. 1, as follows; $250 from
of 100.82, a basis of about 1.90%, urer, is required.
1950 to 1967 inclusive,
and
a.m.
40,000 Drainage»
Act
bonds.
Due $4,000
re-
11
of( $537,000
divided
until
v.
of about 1.57%. Dated July 1, 1949
due on July 1 from 1950 to
Housing Authority, Mass.
Central
Mass.
inclusive,
Offering
—
and
Co., of New York, at 0.91% in¬
terest, plus a premium of $15.
Dated June 20, 1949; Due on June
20, 1950. The second highest bid¬
lows: 9,000 from 1950 to 1953
Canton, Mass.
!
169,
bonds, divided as fol¬
/ ■
■
$164,000 S
$600,000
were
Note Sale—The
Series
Offering—John P.
Treasurer,
Sale—The
Milford
New
plus
dated June
are
sealed bids until 11
nished.
sealed
award¬
Higginson Corp., Boston, as
Stevens, City Clerk, will receive
l%s, at a price of 101.29, a basis sealed bids until 8
the Rockland-Atlas National Bank
of Boston, at 0.63% discount.
Dunn,
receive
(DST) on
June 22 for the purchase of $636 -
Town
ex¬
The approving Opinion of
Bond
bonds offered June 15
1J69, p. 2579—were awarded to the
Boston.
offered June 10
June 20, 1950.
Framingham,
*
Bond
-Storey,
Thorndike
Palmer
&
Dodge, of Boston, will be fur¬
chase
Note
awarded to Salo¬
were
York, at 0.93% interest,
premium of $42.32.
Bidders
Capen, Town Treasurer, will
Bond
Middlesex County (P, O.
East Cambridge), Mass;
$1,000,000 at 0.91% interest, plus
a premium of $255.
300,000 at 0.92%, plus a premium
of $10.
pressed in a multiple of %'of 1%.
Principal and interest payable at
the National Shawmut Bank, of
Boston.
were
,
Co., of New York, as fol¬
same
the rate of interest,
$260,000 school
the
to
Peoples Commercal &
Sale—The $150,000 water Savings Bank, of Bay City.
July 1, 1949. Denomina¬
Waltham, Mass.
Pri ncipal and interest
payable at the Second National ■; Bond Sale—The $600,000 bonds
Bank of Boston, in Boston, or at offered June 14—v.
169, p. 2579—
holder's option at the office of the were awarded to Salomon Bros. &
City
Treasurer
in
Lawrence. Hutzler, of New York, as 2s, at a
Bidders to name" the rate of in¬
price of 101.91, a basis of about
terest, expressed in a multiple of 1.78%, as follows:
lk of 1%.
The approving opinion
$200,000 Capital Improvement, Act
of Ropes. Gray, Best, Coolidge &
of 1949 bonds. Due on June 1
Rugg, will be furnished to the
from 1950 to 1969 inclusive.
purchaser.
120,000 Capital Improvement, Act
lows:
$50,000
sewer
coupon
bonds.
Dated July 15,1949. Denomination
$1,000. Due $5,000 on July 15 from
name
ed
Dated
Authority, Mass,
(P. O. South Braintree),
inclusive.
Bond Sale—The
Mass.
,
(P. O. Essexville),
Michigan
bonds.
tion $1,000.
169, p. 2467—were awarded to
the
Central Hanover
Bank
&
ing, Town Treasurer; will receive
sealed bids until 11 a.m. (DST)
on June 21
for the purchase of
ceive
inclusive.
v.
Trust
on
1954
on
Note Sale—The $1,300,000 Sec¬
ond Series notes offered June 9—
14—v.
water
July 1 from 1950
inclusive, and $2,000
July 1 from 1955 to 1959
to
Due $2,000 on
Massachusetts
'
$3,000
inclusive,
School,
Broadway
main loan of 1949 bonds. Due
$13,000
July 1, 1949. Denomina¬
tion $1,000.
Principal and interest
payable at the Merchants National
Bank, Salem, Or at the holder's
option at the National Shawmut
Bank, of Boston.
The approving
opinion of Ropes, Gray, Best,
Coolidge & Rugg, of Boston, will
be furnished to the purchaser.
Bond Offering—John W. Hard¬
to
25,000 South
Additional Sale—The $1,500,000
Second Series notes offered on
1959
&
Bank
90,000 permanent paving loan of
1949
bonds.
Due
9,000 on
July 1 from 1950 to 1959 in¬
Dated
inclusive.
to
Hanover
Co., of New York, at 0.92%
a premium of $30.
20, 1949. Due on June
20, 1950. The second highest bid¬
der was Salomon Bros. & Hutzler,
at 0.93% interest plus a premium
of $39.
July 1 from 1950 to 1954 in¬
price of
^1950
No. 3
July 1, 1949.
Westfield,
Dated June
$12,000 from 11960 to 1969,
of 1941 bonds.
101.40, a basis of
about 1.59%.
Dated July 1, 1949.
Due on July 1 from 1950 to 1969
*
City of Essexville and Part of
Hampton Twp. Frac. Sch, Dist.
from
bonds offered June 8
a.m.
Due
follows:
as
10,000 Agricultural
York, and the Second National
Bank, of Boston, jointly, as l%s,
Braintree
Dated
interest, plus
inclusive.
p.
a
2467—were awarded to
p.
Central
Trust
'
of
Act
2579—were awarded to
J. P. Morgan & Co.,. Inc., and L. F.
Rothschild & Co., both of New
rat
until
bids
Everett Housing
offered, June
169,
v.
the
$250,000 Tuberculosis Hos p i t a I,
Arlington, Mass,
■
•
Note Sale—The $1,195,000 Sec¬
ond Series notes offered June 9—
clusive.
1954 inclusive.
1
Bee
clusive.
follows:
,J
sealed
follows:
as
Reynolds & Co., Otis & Co., First
Due on June
53.000 airport
Win
Maiden Housing Authority, Mass,
(DST) on June 21 for the purchase
of $260,000 coupon bonds, divided
of. Michigan Corp., Ira Haupt &
Co., Andrews & Wells,. Inc., all
of New York, Ferris & Co., of
[Washington, D. C., and Thomas_&
Co., of Pittsburgh, at a price of
par, a basis of about 2.91%, as
from 1950 to
equipment
July
on
office of the City
The-approving opinion
$250,000
to
National Shawmut of Miller, Canfield, Paddock • 8c
Bank, Boston.
Stone of Detroit, will be furnished
Lawrence, Mass,
250,000 to Merchants National to the purchaser without cost.
A
Bond Offerings-Alfred CourteBank, Boston.
certified check
for 5%
of the
Notes are due on Oct. 14, 1949.
manche, City Treasurer, will re¬
total par value of the bonds, pay¬
ceive sealed bids until 11 a.m. Legality approved by Ropes, Gray, able to the
Essex County (P. O. Salem), Mass.
City Treasurer, is re¬
(DST) on June 23 for the pur¬ Best, Coolidge & Rugg, of Boston. quired.
'
Bond Offering — Thomas F.
chase of $115,000 bonds, divided
Duff, County Treasurer, will re¬ as
Somerville, Mass.
Dundee, Milan, London, Raisinville
follows:
t
$100,000 as 4s.
169, p.
awarded to the Lee
price of 101.23.
'
$450,000
15—v.
Due
1950 to 1954 inclusive.
The second highest bidder was F.
S. Moseley & Co., for l%s, at a
-
The
bonds.
Higginson Corp., as iy2s, at a
price of 100.32, a basis of about
1.43%. Dated July 1,-1949. Due on
July 1 from 1950 to 1959 inclusive.
"
,
were
—
Monday, June 20, 1949
departmental
35,000
The $50,000 water
—•
bonds offered June
City Treasurer, will receive
$560,000 as 4s.
Due on July 1 sealed bids until 11 a.m. (DST) on
June 20 for the purchase of $500,from 1951 to 1954 inclusive.:
000 notes.
Dated June 20, 1949.
140,000 as iy2s.
Due on July 1,
Denominations
$25,000,
$10,000
1955.
and $5,000. Due on Dec. 28, 1949.
2,800,000 as 2%s. Due on July 1 j
Payable at the National Shawmut
from 1956 to 1975 inclusive.
Bank,, Boston., The
approving
Dated July 1, 1949. The second
opinion of Storey, Thorndike, Pal¬
highest bidder was Mercantile mer &
Dodge, of Boston, will be
Trust
Co.,
Baltimore,
Alex, furnished.
Brown & Sons, Kidder, Peabody
&,Co., John Nuveen & Co., Union Dedham Housing Authority, Mass.
Securities Corp., New York, Ba¬
Note Offering—Eugene F. Malker, Watts & Co., John C. Legg loy, Chairman, will receive sealed
& Co., Stein Bros. & Boyce, First
bids at the office of the State
of Michigan Corp., Mead, Miller
Housing Board, 18 Tremont Street,
& Co., and Robert Garrett 8c Sons,
Boston, until noon (DST) on June
jointly, for $420,000 as 4s; $280,- 21 for the purchase of $520,000
000 as l%s; $980,000 as 2s; $700,Second Series notes. Dated July 1,
000 as 2^s, and $1,120,000 as 2^s,
1949.
Due on Dec. 8, 1949. The
•a basis of about 2.35%.
approving
opinion of Sullivan,
Donovan
& Heenehan,
of New
Washington Suburban Sanitary
York City, will be furnished by
District* Md.
the Authority.
Bond Sale
CHRONICLE
Gardner, Mass.,
Chelsea, Mass,
Offering—George F. Hed-
Note
FINANCIAL
&
COMMERCIAL
THE
.
,
,
.
.
>
J
.
„
:
.
.
j-'Df
/■>■
ft
if
*
,11
.
^
*
J
i'i*
f/iiH
v
<?,!
i
rvf
THE
Number 4813
169
Volume
2580—were awarded to the
Pointe, at 2% interest. Dated May
1, 1949. Due on Jan, 10, 1950.
Policemen
ment
Hemlock Rural Agric.
Sch. Dist.,
ing
bonds
offered
8
June
second
bidder
highest
Dated
was
Kalamazoo, Mich,
;
.
Sale of
—
the
$129,000 Special Assessment
improvement bonds, origin¬
ally' scheduled for June 13, was
street
postponed.
Lake Odessa Com* Sch. Dist., Mich.
Bond Sale-4The
$150,000 build¬
ing
bonds .offered: June 7; were
-awarded to the First* of .'Michigan
Corp., of Detroit;
$60,000
Due on April 1
3%s.
as
follows:
as
from 1950 to 1953 inclusive.
highest: bidder
FINANCIAL
CHRONICLE
Northwestern Na¬
was
tional
Bank, of Minneapolis, for
IV2S, at a price of 100.10.
3V4S.
from
All
June
Due
1960
to
April
on
1964
bonds
the
of
Detroit Lakes, Minn. :
Certificate Sale
The $31,500
street
1
inclusive.
dated
are
1, 1949 and those maturing
*Maple Ridge Twp. Sch. Dist, (P. O. from. 1960 to 1964 inclusive are
optional as of April 1, 1955, at
;
Rock), Mich.
Bond Offerings—Albert Norderi, varying premiums depending on
Secretary of the Board of Educa¬ the date of redemption.
improvement
certificates
169, p. 2468—
offered June 6—v.
awarded
were
State
Due on April 1
I960 to 1959 inclusive.
240,000
was
3*4s,,and $30,000 as 3s.
as
May
33As.
from
-
Jones B. Shannon & Co., for $120,000
on
May 1, 1949.
$410,000
90,000 as 3s. Due on April 1
; from 1954 to 1959 -inclusive.
The second
est bidder
May
Township Sch. Dist. No. 2
(P. O. 8044 Ten Mile Road,
Canter Line), Mich.
Bond Sale—The $650,000 school
site and building bonds offered
June 16—v. 169, p. .2580 —were
awarded to a syndicate composed
of First of Michigan Corp., De¬
troit, Stranahan, Harris & Co.,
Inc., Toledo; H. V. Sattley & Co.,
McDonald-Moore
&
Co.,
and
Watling, Lerchen & Co., all of
Detroit, B. J. Van Ingen & Co.,"
New York, and Barcus, Kindred
& Co. of Chicago, at a price of
100.19,
a
net
interest cost of
about 3.436%, as follows:
about 2.95%.
Bond SaleBostponed
on
Warren
bid:
net-interest cost of
a
par, as
1 from 1950 to 1959 inclusive.
Jones B. Shannon & Co., on a
reflecting
price of
49,000 street bonds. Due
&
on a-bid reflecting
net interest cost of about 2.90%.
The
a
1 from 1950 to 1959 inclusive.
were
Co., of Detroit,
a
System, at
City's
Retire¬
$114,000 street bonds. Due
build¬
McDonald-Moore
to
awarded
Firemen
and
&
follows:
Michigan
Bond Sale—The $
120,p00
COMMERCIAL
to
Detroit
the
Bank, of Detroit Lakes,
2V2S, at a price of par.
July 1, 1949. Due $3,150
1
from 1951 to
as
(2693)
offered June 7—v. 169, p. 2257—
were awarded to the Yellowstone
Dated June
Bank, of Columbus.
30, 1949.
Additional Sale
School
fered
District
same
on
the
to
No.
date
Dated June
Dated
Jan.
of¬
awarded
Bank,
of
30, 1949.
1960 inclusive.
Wayne, Neb.
•»
County (P. O.
Little Falls), Minn.
Bond Sale—The $250,000 fund¬
ing bonds offered June 14—v. 169,
p. 2468—were awarded to Kalman
& Co., of St. Paul, and associates,
as
1.70s, at a price of 100.31, a
basis of about 1.64%. Due on July
1 from 1950. to 1959 inclusive: The
second highest .bidder was J. M.
Dain & Co., for 1.80s, at*a price
.
.
library improvement bonds pur¬
chased
by " the
State ; National
Bank,, of Wayne, as previously
noted jltf—v.
as
169, p. 2469-rr-were
3s, at a price of pari Due
$2,000 from 1954 to 1963 inclusive,
optional after 5 years.
NEW HAMPSHIRE
Concord, N* H.
$400,000 notes
\
Note
Sale—The
offered June 13—v. 169, p. 2581—
were awarded to the
Merchants
Forrest
County (P. O.
Hattiesburg), Miss.
Bond Offering, — The Clerk of
the Board of Supervisors will re¬
National Bank of Boston, at 0.86%
discount.
Dated
June
14, 1949:
Due
Dec.' 5 and Deri
8, 1949.
The second highest bidder was the
on
National Shawmut Bank, of Bos¬
hospital ton, at 0.87% discount.
ceive sealed bids until June 24 for
the
purchase
of
$35,000
of
rate
interest,
multiple of % or
bonds.
Bank,
single
expressed in a
1/20 of 1%> A
check
name a
for
2%
of
tile
payable to order of the
Board of Education, is required.
Legality approved by Caldwell,
Marshall, Trimble & Mitchell, of
New York City.
^
,
Rutherford
School
NEW JERSEY
'
Bond Sale —The
- N.
/.
$43,000 school
District,
bonds offered June 13—v. 169, p.
2365—were awarded to the Ruth¬
National
erford
Bank, and the
Co., both of
Rutherford, j ointly, as *. 1.35s,. at a
price of .100.02, a basis of about
1.34%. Dated June 1; 4949. Due
Rutherford
of 100.13.
MISSISSIPPI
Peapack-Gladstone
Gladstone. Bidder to
certified
Bond Sale Details—The $20,000
sold
the
at
bonds,
NEBRASKA
on
Morrison
Prin¬
$38,000 cipal and interest (M-N) payable
bonds
5
were
Yellowstone
Laurel.
1,1949. Denomination $1,000/Due
May 1, as follows: $10,000 from
1950 to 1967 inclusive, and $5,000
from 1968 to 1976 inclusive.
The
—
61
on
Trust
June 1 from 1950 to 1959 inclu¬
second highest bidder-
The
sive.
B. J. Van
was
l%s, at
Ingen & Co., ,for
price of 1Q0.03,
a
,.rJ;
Saddle River School District (P.
Rochelle Park), N. J.
Bond
Offering
Nightingale,
receive
Walter T.
—
District
sealed
O.
bids
Clerk,
until
#111
8
p.m.
on June 24 for the pur¬
(DST)
'
sealed bids
June 27 for
the purchase of $40,000 not to ex¬
ceed m% school coupon bonds.
Dated July 1, 1949.
Denomiria?tion $1,000.
Due $2,000 on July 1
tion,
receive
will
Warren and
until 7 p.m. (EST) on
„
from 1950 to 1969 inclusive.
Frac.
the rate
name
p.
Prin¬
Stranahan,
H. V.
Sattley & Co., McDonald-MoOre &
Co., and Watling, Lerchen & Co.,
all of Detroit, B. J. Van Ingen &
Co., New York, and Barcus, Kin¬
dred & Co., Chicago, at a price of
par, a n^t interest cost of about
3.347%, as follows:
$155,000 4s.
Due on July
1950 to 1954 inclusive.
Midland, Mich.
Bond Offering—Anna
Clerk,
will
E. Coons,
receive
335,000 3%s.
1958
assessment
Dated
July 1, 1949. Denomination $1,000.
pue on Oct. 1, as follows: $9,000
from 1950 to 1952 inclusive, and
$10,000 in 1953 and 1954. Princi¬
pal and interest (A-O) payable at
the City Treasurer's office. Bid¬
,
Bond
Sale
—
supply system
interest,
fered
were
June
bonds of¬
p. 2468—
revenue
6—v.
awarded
169,
to
the
Due on March
1950 to 1954 inclusive.
1,
Zeeland
Dated March
1949.
1
from
MINNESOTA
Certificate
Offering
—
I.
(CST) on June 20 for the
purchase of $50,000 not to exceed
p.m.
6% interest certificates of indebt¬
from 1952 to 1961
On the
35,000, sewer
•
cates.
are
Not
Sold—The
being
:
on
Churchill Sch. Dist.
No. [3 (P, O. 6369 Lake Harbor
^ Read, k. No. 1, Muskegon),
Michigan
;
"
j
..
Bond Offering—Mrs. Ismah M.
.Cox/Secretary of the Board of
receive
sealed
bids until 8 p.m. (EST) on June
21 for the purchase of $176,000
Education,
»
will
construction bonds.
were
authorized at
-held
on
These bonds
the election
March.17i.si».:■
1 >
Bond. Sale—The $50,000 hos¬
pital bpnds offered June. 10 were
awarded to J. M. Dain & Co., of
Minneapolis, as 2.40s, at a price
of 100.29, a basis of about ,.2^3,4%.
The, second highest .bidder Was
Piper; Jaffray & Hdpwood, for
2.40s, at a price of 400.10.
Brainerd, Minn.
Bond Sale
sW?W+.Wcfrt>'iO
Sale
—
The
$163,000 3%
Special Assessment Improvement
bonds offered June 13—v. 169, p.
—
The $23,000 water
and light refunding bonds offered
June 6' — V, 169,* p. 2256' — were
awarded "to
Bond
Ingen & Co., of New York,
2.65s, at a price of 100.31, a
will
on
~
The
second
$200,000 not to exceed
school
coupon
or
•
registered bonds. Dated March *%,
1949.
Denomination $1,000.! Dtie
on Sept. 1, as follows: $7,000 from
1950
to
1954 inclusive;
$10,000
from 1955 to 1970 inclusive, and
$5,000 in 1971. Principal and in¬
terest (M-S) payable at the Ro¬
chelle Park Bank, Rochelle Park.
to
Bidders
name
the rate
terest, expressed in
Vsth
or
l/20th
of
of in¬
multiple of
1%. The ap¬
a
proving
opinion
of
Hawkins,
& Wood, of New York
City, will be furnished to the pur¬
Delafield
chaser.
certified
A
check
for
$4,000, payable to the Board; of
Education, is required.
South Orange, N. J.
June 1 from 1950
inclusive.
to -1978
Bond Sale—The $285,000 water
bonds offered June 9—v. 169, *p.
highest bidder was Boland, Saffin
& Co., for 2.65s, at a price of 2365—were awarded to J. R. Rols
& Co., and Ryan, Moss & Co., both
100.27.
of Newark, jointly, as 1.90s, at a
Ewing Twp. Sch. Dist. (P. O.
price of 100.08, a basis of about
Trenton), N.J.
1,89%. Dated July 1, 1949. Due
Bond Offering — Frederick C.
on July 1 from 1950 to 1974 inclu¬
Ryan, District Clerk, will receive sive. The second
highest bidder
sealed bids until 8 p.m. (DST) on
was
the
National
State
Bank,
June 29 for the purchase of $1,Newark, for $284,000 al12s, at a.
200,000 not to exceed 6% interest
price of 100.54.4 * " *'
school coupon or registered bonds.
i" ?
J
;
Dated Aug. 1, 1949. Denomination
Sparta Twp. Sch. Dist., N. /.
Bond Sale—The $335,000 school
$1,000. Due on Aug. 1, as follows:
$34,000 from 1951 to 1954 inclu¬ bonds offered June 13—v. 169, p.
2469—were awarded to B. J. Van
sive; $44,000 in 1955; $48,000 from
1956
to
1961
inclusive; $49,000 Ingen & f Co., and Ewing & Co.,
from 1962 to 1965 inclusive; $36,- both of New York, jointly, as 2%s,
000 from 1966 to 1979 inclusive, at a price of 100.16, a basis of
and $32,000 in 1980. Principal and about 2.41%.
Dated April 1, 1949.
interest
(F-A)
payable at the Due on April 1 from 1951 to 1979
Trenton
Banking Co., Trenton. inclusive.
The
second
highest
Bidders to name the rate of in¬ bidder was
Boland, Saffin & Co.,
terest, expressed in a multiple of and Newton Trust Co., Newton,
Vs or 1/20 of 1%. The approving jointly, for $335,000 as 2.55s, at a
opinion of Hawkins, Delafield & price of 100.23.
Wood, of New York City, will be
Spots wood, N. J.
furnished to the purchaser. A cer¬
Bonds Not Sold
The $24,000
tified check for $24,000, payable
not to exceed 6% interest general
to the Board of Education, is re¬
improvement 1949 bonds offered
quired.
June 3 were not sold, as no bids
Middlesex County (P. O.
were received.
New Brunswick), N. J.
Bond Sale—The $518,000 bonds
NEW MEXICO
/
offered June'16^-v. 169, p. 2581—
Carlsbad, N. Mex.
were
awarded to Lehman* Bros.,
}
Bond Offering—E. A. Roberts,
and the Union * Securities Corp.,
City Clerk, will receive, sealed
both of New York,
jointly, as
bids .up.til 10
a.m.f(MST) on June
1.40s, at q. price of 100.06, a basis
to
not
interest
6%
Dated
July
1,
Amortization bonds will be
1949.
the first
the
exceed
choice
second
and
choice
serial bonds
of
the
School
If amortization bonds are
sold
the
issued
and
entire
issue
may be put into one single bond
or divided into several bonds as
the Board of Trustees may deter¬
mine
upon at the time of sale
principal and interest to be
payable in semi-annual install¬
ments during a period of 20 years
from the date of issue. If serial
both
are
be
in
issued
the
sold
and
amount
they
of $1,000
each, the sum of $21,000 will be¬
come payable on July 1, 1950, and
$20,000 will become payable on
July 1, 1951, and the sum of $16,000 will become payable on the
same day each year thereafter un¬
til all of such bonds are paid.
The bonds, whether amortization
or serial bonds, will be redeem¬
able in full 10 years from the date
of issue on any interest due date
thereafter prior to maturity, at
the option of the School Board.
Interest (J-D). A certified check
for $2,000 payable to the above
Clerk, is required. (These are the
bonds originally scheduled to be
sold : on May 31, and June 20.)
—
"
of about
$474,000
f
,
'Norton Twp.,
t
1952
inclusive.
extension certifi¬
$3,500 on Jan. 2
to 1961 inclusive.
(P. O. New Buffalo), Mich.
Bonds
;
from
Due
Dated July 1, 1949. Denomina¬
$240,000 tions $1,000 and $500.
Principal
and interest (J-J) payable at the
not to; exceed 4% interest build¬
ing bonds offered May 27—v. 169, City Clerk's office.
p. 2256—tvere not sold. The bonds
,'1
*
Bagley, Minn.
reoffered
June 24.
-
Clerk,
Gipe,
receive
(MST) on
July 6 for the purchase of $329,-
will
Carl
Erickson, City Clerk, will receive
sealed and auction bids until 7:30
Hew Buff ado Twp. Con. Sch. Diet.
X
Offering—Gordon
District
bonds
Alexandria, Minn.
purchase of $160,000 school bonds. edness, divided as follows:
(These are the bonds for which all
water extension certifi¬
bids received on June 2, were re¬ $15,000
cates.
Due $1,500 on Jan. 2
turned unopened, pending another
.
as
of
interest
.■
The 45,000 water
State Bank, as IV2S.
W. L. Lipka,
Court ; decision
Van
1, 1949. Due
Board.
Z eel and, Mich.
Secretary of the Board of Educa¬
tion, will receive sealed bids until
8 p.m. (EST) on June 22 for the
Supreme
ing bonds offered June 14—v. 169,
p. 2469 — were awarded to B. J.
basis of about 2.62%. Dated June
County Sch, Dist. No. 23,
(P.O. Poison), Mont.
000
are
.
Montague Twp. Con. Sch. Dist.
(P. O. Montague), Mich.
Wayii^ County Case.)
inclusive.
1966
Dated July 1, 1949.
building. bonds.
City Treasurer is required.
—
261
6 %,
.
of. Detroit, will be furnished to
tha purchaser without cost.
A
certified check for $2,000, payable
Offering
to
sealed bids until 1 p.m.
optional
as of July 1, 1954, at varying pre¬
miums depending on the date of
redemption.
/•
Miller, Canfield, Paddock & Stone,
Bond
Due on July 1
3V2S.
1950
as 3V4S.
Due on July 1
from 1967 to 1969 inclusive.
Bond
dated May
No.
Lakewood,
R. D. No. 1), N. J.
Bond Sale—The $120,000 school
82,000
1
1964 inclusive.
are
as
from
1955 to 1964 inclusive
expressed in a multiple of lk of
1%.
The approving opinion of
to the
$333,000
1, 1949 and those maturing from
bonds.
ders to name the rate of
to
Box
$415,000 sewage
disposal plant revenue bonds of¬
fered June 6—v. 169, p. 2468— bonds offered on June 8—v. 169,
p. 2364—were awarded to B. J.
were awarded to a syndicate com¬
Van Ingen & Co., of New York,
posed of Otis & Co.,. of Cleveland,
as
2%s, at ;a» price of 100.06, a
Juran & Moody, of St. Paul, E.
basis of about 2.35%. Dated April
J. Prescott & Co., of Minneapolis,
Walter, Woody & Heimerdinger, 1, 1949. Due on April 1 from 1950
to 1966 inclusive.
of Cincinnati, Grande & Co., of
Seattle, Peters, Writer & ChristenDover Twp. (P. O. Toms River),
sen, and Boettcher & Co., both of
New Jersey
Denver, as follows:
Bond Sale—The $114,000 build¬
Lake
July
on
chase
Brick Twp. Sch. Dist. (P. ,0.
Bond Sale—The
1 from
July 1 from
on
All of the bonds
special
coupon
Due
Due
MONTANA
Havre, Mont.
from 1955 to 1957 inclusive.
(EST) on June
22 for the purchase of $47,000 not
to exceed 3% interest 1949 street
improvement
3V2SV"
120,000
sealed
bids until 5 p.m.
district
Corp.,, Detroit;
gan
the purchaser at
his own expense. A certified check
for $300, payable to the District
Treasurer, is required.
City
2580—were awarded to a syn¬
Harris & Co., Inc., Toledo;
of in¬
be furnished by
-
1
dicate composed of First of Michi¬
terest, expressed: in a multiple of
44 of 1%.
The approving opin¬
ion of some market attorney shall
~V"
No.
Dist.
,
cipal and interest (J-J) payable at
to
Sch.
-
the First National Bank, Escanaba.
Bidders
Sterling Townships
Con.
(P. O. Warren), Mich.
Bond Sale—The $610,000, school
bonds offered on June 18—v. 169,
;
the -Tirst "National
Bank, of Minneapolis, as l.%s,.:at
a price of 100.02, a basis of about
1.24%. Dated June 1, 1949. Due
on Dec.
1, 1954.
The second high¬
"
Phillips County High School
Building District No. A
(P. O. Malta), Mont.
Bond. Sale
000
Details—The
1949 T>onds.
'
:
$150,-
building and equipinept .ponds
First'St^e Bapk
2V2S*
a price >ot
purchased 4>y the
of
Malta,"
gs
100.50,'a basis of about 2.42%,
1.38%, as follows: .
general
improvement,
as
Due
on
July
28
•/•.,*
for
the
,
.7"
1
'
1
purchase,! of ^ $400,000
1
from 1950 to 1959 inclusive.
^h* I960 to 1952, $12,000
1953; $13,000 in l954 to 1957,
$14,006 in 1958, $15,000 "in 4959 to
elusive.
,}v "
1961, $16,000 in 1962 and 1963,
: 33jOOO: jail; building
bonds.,; Due
$17,000 in 1964 to 1966, $18,000 in
f, ?:
cn t June :1 from 1950 to 1959
1967, $19,000 in 1968, $20,000 in
inclusive.
10;00U; bridge'" bonds. ; Due on
-(
July 1 froni <1950 to 1959 in.
$U,00p
iri
,
to 1971, $21,000 ; in 1972 and
1973, and $22,000 in 1974, Bonds
Peapack-Gladstone School District maturing on and after July 1,
from 1950 to 1969 inclusive. Re1960/ are subject to redemption
(P. O. Gladstone), N. J,~
deemable in full 10 years,. from
Bond Offering—Evelyn C/Kelly,* upori 3Q days' published notice, in
date:
•' '
inverse numerical: order, on July
District Clerk, will receive sealed
Stillwater County School Districts
bid^ until 8 p.m. (DST) On July: l 1*; 1959/ or any 'interest;date there¬
(P. O. Park City), Mont.
for the purchase of $225,000 not after, at par and accrued interest,
Bond Sale—The $62,000 Park to exceed 6% interest coupon or together with premiums as fol¬
lows: July 1, 1959 to and includregistered school bonds. Dated May
previously
noted
2486—are due
in
v.
$7,500
on
169, p.
June 15
1969
Dated
July 1, 1949.
,
City High School District bonds
t
62
ing Jan. V 1964, 4% and July 1,
thereafter, 3%. Principal
and interest (J-J) payable at the"
City Treasurer's olfice. The ap¬
proving opinion of Pershing, Bosworth, Dick & Dawson of Denver,
together with the printed bonds,
will be furnished to the purchaser
1964 and
without
cost.
certified
A
check
not
000
to
exceed
5% interest
registered
1, 1949. De¬
Due on Jan.
water system, coupon or
Dated
bonds.
July
nomination $1,000.
follows: $8,000 from 1950 to
1974 inclusive, and $10,000 from
1975 to 1979 inclusive. Principal
1,
National
Bank
for 5% of the face amount of the
Trust
Co.,
Albany.
bonds, payable to the City Treas¬
urer, is required.
name
the
rate
pressed in
of 1%.
NEW YORK
Babylon Union Free Sch. Dist.
No. 9 (F. O. Wyandanch),
New
York
Bond Sale—-The $285,000
build¬
ing of 1949 bonds offered June 15
—v. 169, p. 2581—were awarded to
Geo. B. Gibbons & Co., Inc., Chas.
E. Weigold & Co., and Hall & Co;,
all of New York, jointly, as 2.20s,
at a price of 100.39, a basis of
about
June
Dated
2.16%.
Due
1949.
1,
June 1 from 1950 to
on
1969 inclusive.
Btngkamton, N. Y.
Bond
Offering
E.
Everette
—
Allen, City Comptroller, will re¬
ceived sealed bids until 3:30 p.m.
June 23 for the pur¬
chase of $600,000 not to exceed
(DST)
on
4% interest school 1949 coupon or
Dated July 1,
Due
$60,000 on July 1 from 1950 to
1959 inclusive.
Principal and in¬
terest (J-J) payable at the City
registered
bonds.
Denomination $1,000.
1949.
Treasurer's
the
Bidders
office.
to
of
rate
interest, ex¬
pressed in a multiple of
or 1/10
of 1%.
The approving opinion
of Hawkins, Delafield & Wood, of
name
New York
to
City, will be furnished
the purchaser without cost. A
for $12,000, pay¬
certified check
able to the City, is
I
required.
Cedar hurst, N. Y.
Bond Sale—The $39,000 street
improvement bonds offered June
14—v. 169, p. 2581—were awarded
to R. H. Johnson & Co., of New
York, as 1.90s, at a price of 100.24,
a
basis of about 1.84%. Dated June
Due
l; 1949.
on
June 1 from 1950
to 1958 inclusive.
Duanesburg, Quaker Street Fire
District (F. O. Quaker Street),
New York
Bond
Sale
Details-^The
$8,000
fire house bonds sold as 2 V2S, at a
price of100.07, a basis of about
2.49%, as previously noted in v.
169, p. 2469, were purchased by
"the First National Bank, of Middleburgh.
Elmira, N. Y.
Bond
Offering
—
$95,000
playground,
1949 bonds offered
June
9—v. 169,
p.
2469—were
awarded to George B. Gibbons &
Co., Inc., and Chas. E. Weigold &
Co,, both of New York, jointly, as
l%s, at a price of 100.11, a basis
of about 1,22%.
Dated June 1,
1949.
Due
on
June 1 from 1950 to
1959 inclusive.
without
(P.O.
Great Neck), N. Y.
certified
A
cost.
area
provement-1949 coupon
check
1959
inclusive.
Bidders
to
name
the rate of interest, expressed in a
multiple of 44 Or -1/10 of 1%.
Principal and interest (J-J) pay¬
able at the Great Neck Trust Co.,
Great Neck. The approving opin¬
ion
of
Hawkins,- Delafield
&
Wood, of New York City, will be
furnished to the purchaser with¬
out
cost,
A
certified
check
for
District (P«0. McKnownville,
\
Albany 3), N. Y.I.,
Bond Offering—Earl
B.
Conk-
lin,<Town Supervisor, will receive
sealed bids until 11
(DST) on
June 22 for the purchase of $250,a.m.
school
istered
1949.
coupon
Dated
bonds.
or
reg¬
15,
July
Denomination
$1,000, one
for $900. Due on July 15, as fol¬
lows: $7,900 in 1950; $8,000 from
1951
1955
to
inclusive;
$9,000
from 1956 to 1964 inclusive; $3,000
from 1965 to 1975 inclusive, and
National Bank & Trust Co., of Sy¬
Bond Sale—The $59,500
Bidders paratus
Branch.
Jordan
Denomination
fire
&
Melvin,
of
Syracuse,
without cost.
er
A certified check
price of 100.24,
a
1966 to 1969 in-»
Principal
and
interest
(J-J) payable at the First Na¬
tional Bank, of Woodbridge. Bid¬
ders to name the rate of interest,
expressed in a multiple of 14 or>
1/10 of 1%. The approving opip-,
ion
of
Hawkins,
Delafield
&
Wood, of New York City, will be
furnished to the purchaser. A cerr
tified check for $1,000, payable to
the Village, is required.
Yonkers, N. Y.
Bond Offering—John A. Peter¬
City Comptroller, will receive
noon
(DST) on
23 for the purchase of $2,-
son,
on
Bond
Sale—The $138,000 fire
sell, City Treasurer, will receive
sealed bids until 11 am. (DST)
station and equipment bonds of¬
on
June 22 for the purchase of fered June 10—v. 169, p. 2469—
$158,000 not to exceed 4% interest were awarded to the Marine Trust
street, equipment^ and building Co., of Buffalo, and R. D. White
reconstruction coupon or regis¬ & Co., of New York, jointly, as
tered bonds.
Dated July 1, 1949. 1.40s, at a price of 100.20, a basis
Denomination
Dated June 1,
$1,000.
Due
on of about 1.36%.
Due on Dec. 1 from 1950
July 1, as follows: $30,000 in 1950; 1949.
; $28,000
in 1951; $25,000 in 1952 to 1959 inclusive. The second
and 1953, and $10,000 from 1954 to highest bidder was F. S. Smithers
1958 inclusive:
Bidders to name & Co., ,for 11/2s, at a price of
the rate of interest, expressed in 100.41.
a
multiple of % or 1/10 of 1%.
Portland, Stockton and Pomfret
The approving opinion of Haw¬
Central School District No. 1
kins, Delafield & Wood of New
(P. O, Brocton), N. Y.
York, will be'furnished to the
Bond
Sale—The
$15,000
bus
purchaser without cost. Principal
and interest (J-J) payable at the garage bonds offered June 10—v.
office of the City Treasurer.
A 169, p. 2469—were awarded to the
certified check for $3,160, payable Manufacturers and Traders Trust
Co., of Buffalo, as 1.70s, at a price
to the City, is required.
divided
Newfield, Danby, Enfield, Cayuta,
Catherine and Van Etten Central
a
Dated June
1
from
School District No. 1 (P. O.
Offering
E.
Avery, District Clerk, will receive
sealed
bids
until
29
June
on
for
3
(DST)
the purchase of
p.m.
$100,000 not to exceed 5% interest
school coupon or registered bonds.
Dated on June 15, 1949. Denomi¬
nation
$1,000.
Due
$5,000
on
June 15 from
1969 inclu¬
1950 to
sive.
Principal and interest (J-D)
payable
at
the
First National
of
the
Ithaca.
rate
Bidders
to
New York
notes.
1949.
Due
able
at
of
June
&
Trust
Co.,
was
on
the
Dated
Jan.
July
18,
18, 1950. Pay¬
Chemical
Bank
&
Trust
Co., New York City. The
approving' opinion of Caldwell,
Marshall, Trimble & Mitchell, of
New York City, will be furnished
to the purchaser without cost.
Niagara Falls, N. Y.
Bond Sale—The.
$136,000 judg¬
ment, 1949 bonds offered June 16
1,
1949.
Due on July 1,
from 1950 to
and $7,000 from
1956 to 1964 inclusive. Principal
and interest (J-J) payable at the
Unadilla
National
Bank,
Una¬
1955
dilla.
inclusive,
Bidders to
name
the
rate
of
interest, expressed in a mul¬
tiple of V4 or 1/iQth of 1%. The
approving opinion of Hawkins,
Delafield &
Wood, of New York
City, will be furnished to the
purchaser without cost.
A certi¬
fied check for $1,980, payable to
the District, is required.
Woodbridge, N. Y,
169,.p. 2582—were awarded
to. the Marine Trust Co.,, of Buf¬
falo, as 1.20s, at a price of 100.06,
a basis of about
1.17%. Dated July
1, 1949. Due on Jan. 1 from 1951
Kaplan,
Village Clerk, will receive sealed
bids until 3:30 p.m.
(DST) on
June 28 for the purchase of $50,-
to 1954 inclusive.
000 not to exceed 4% interest land
—v.;
bonds.
except
Bond Off ering—J oseph
Mitchell
& Pershing, of New
City, will be furnished to the
purchaser. A certifed check for
$1,000, payayble to the
State
Treasurer, is required.
York
'
1
•
•
<
■
.
-.
Newland, N. C.
>
■
Bond
Offering—W.
'J
i
,
Easter-
E.
ling, Secretary of the Local Gov¬
Commission, will receive
ernment
on
bids
his
at
Dated
in'Ra^-
office
June
nomination $500.
:
1,
1949.
Due
De¬
June 1,
on
Vance
277,000 streets and parking area,
-
^
Series A bonds. Denomination
$1,000. Due on July 1, as fol¬
$27,000 in 1950; $25,000
from 1951 to 1954 inclusive,
and $30,000 from 1955 to 1959
lows:
inclusive.
Series
tion
B
bonds.
$1,000,
Due
.
one
$20,000 Townesrefunding bonds
June 14—v. 169, p. 2582
Township
offered
on
—were
awarded to R. S.
& Co., of
Charlotte, at
follows:
$11,500 2%s. Due
1950
except
a
Dickson
price of
•
June 1 from
1956 inclusive.
;
to
8,500 2V2S. Due
on
June
on
1
from
1957 to 1959 inclusive.
All of the bonds
1,
are
dated June
Second
1949.
high bid of par
for $9,000 2%s and $11,000 3s
wa,s
made by the
Citizens Bank &
Trust Co., Henderson.
•
improvement
Denomination
bonds.
ville
on
334,500 street
except
,
Bond Sale—The
Denomina¬
one
for
July 1, as fol¬
lows: $25,500 in 1950; $25,000
from 1951 to 1954 inclusive;
$35,000 from 1955 to 1959 in¬
clusive/ and $5,000 from 1960
$500.
County (P. O.Henderson), N. C.
" "
par, as
325,500 streets and parking area,
for $500.
NORTH DAKOTA
$1,000,
Due
on
July 1, as follows; $34,500 in
1950; $35,000 in 1951; $40,000
in 1952; $50,000 in 1953 and
1954, and $25,000 from 195$ to
1959 inclusive.
Series A bonds.
$1,000, except
one for $500.
Due on July 1,
as
follows: $69,500 in 1950;
$70,000 in 1951 and 1952; $75,000 in 1953 to 1954, and $100,-
859,500 sewer,
Denomination
-
Jamestown, N. Dak.
J
»
Bond
Offering — A. R. Thomp¬
son,
City Auditor, will receive
sealed bids until 8 p.m. (CST) on
June 27 for the purchase of
$400,000
not
water
to
exceed
3V2%
interest
and
sewerage utility reve¬
bonds.
Dated July 1, 1949.
nue
Due
on
July 1,
from 1951
to
000
1956
follows: $18,000
as
1955
1959 inclu¬
inclusive; $20r
1960 inclusive;
$22,000 from 1961 to 1965 inclu¬
sive, and $20,000 from 1966 to
sive.
1970
Series B bonds.
Denomination $1,000.
Due on
turing later than July 1, 1959, be¬
ing- redeemable in inverse order
000
from
1955
to
115,000 sewer,
July
1,
from
1950
and
De¬
nomination $1,000.
as
follows: $6,000
in¬
t
sealed bids until 3:30 p.m. (DST)
on
June 22 for the purchase of
Dated July
Due
$19,500
to 1964 inclusive.
L.
Fisk, District Clerk, will receive
of
,
Sec¬
Charles
the rate
name
..
Unadilla, Butternuts and Sidney
Central Sch. Dist. No. 2 (P. O.
Unadilla), N. Y.
—
interest
improvement coupon bonds.
June 1, 1949.
Denominay
tion $1,000.' Due on June 1, as
follows: $2,000 from 1951 to 1963
inclusive;
$4,000 from
1963
to
1966 inclusive, and $5,000 in 1967
and 1968.
Principal and interest
$1,00.0.
Due as follows: $500 fromdL950 to 1957
July 1, as follows: $14,000 inclusive, and $1,000 from 1958 to
1965 inclusive.
in 1950; $10,000 from 1951 to
Bidders to name
1956
inclusive,
and
$5,000 .the rate of interest, expressed in
from 1957 to 1962 inclusive. a multiple of V4 of 1 %. The ap¬
189,000 school bonds. Denomina¬ proving opinion of Reed, Hoyt &
of New York City,
tion $1,000.
Due on July 1, Washburn,
furnished to the pur¬
as
follows: $19,000 in 1950; will be
chaser.
A
certified
check
for
$20,000 in 1951 and 1952; $15,000
from
1953 tot 1959
in¬ $240, payable to the State Treas¬
;
clusive, and $5,000 from 1960 urer, is required. •
a price of 100.105, a
about
1.217%.
Dated
Offering
6%
exceed
to
street
Dated
on
Hutlzer of New York.
Bond
in
Denomination
1, 1949 and due on June 1
high bid of 100.22 for l%s
made by Salomon Bros.- &
not
000
bonds.
Albany,
from 1950 to 1958 inclusive.
ond
June
104,000 playground land acqui¬
sition and improvement bonds.
-
iy4s, at
basis
bonds.
rell, Chairman, will receive sealed
bids until noon. (DST) on June 22
for the purchase of $14,148,000 Is¬
XLI
as
Bank
office
11 a.m, (EST) On
21 for the purchase of $50,-
sealed
awarded to the National Commer¬
cial
De¬
to 1964 inclusive.
high¬
way improvement bonds offered
June
15—v.
169, p. 2582—were
his
at
leigh, until 11 a.m. (EST) on June
$15,000 from 1951 to 1954 in-, 21 for the purchase of $12,000 not
elusive, and $10,000 from 11)65 to
exceed
6%
interest
water,
to 1961 inclusive.
;
sewer and fire equipment coupon
(P. O.
$147,0001
bids
sealed
Raleigh, until
July 1,
in 1950;
$99,000 not to exceed 4% interest
City Housing Authority, school 1949
coupon or registered
Note Offering—Thomas F. Far-
sue
Sale—The
building
$1,000,
for $500,
follows:
as
of
of the District, is required.
New York
Bond
public
Denomination
Troy), N. Y.
Thurber
—
Easterr
ling, Secretary of the Local Govr
ernment Commission, will receive
:
1957 inclusive.
Rensselaer County
Newfield), N. Y.
bonds.
nomination $1,000.
Due 011
July 1, as follows: $53,000 in
1950; $55,000 in 1951 and 1952;
$60,000 in 1953, and $65,000 in
1, 1949. Due on June
1950 to
Angier, N.C.
Offering—W. E.
Bond
of
follows:
as
$288,000 equipment
basis of about 1.72%.
100.08,
-
NORTH CAROLINA
.942,000 not to exceed 4% interest: terest, expressed in a multiple Of
1949 coupon or registered bonds,
y4 of 4 %. The approving opinion
June 1 from 1950 to 1959
,
required.
(J-D) payable in New York City.
a
to the Village, inclusive. The second highest bid¬
der was Francis I. duPont & Co.,
for l%s, at a price of 100.15.
Kingston, N. Y.
Plattsburgh, N. Y.
Bond Offering—Oscar A. Good-
check
$58,000j payable to the City,
Bidders to
ap¬
$100, payable
is required.
purchaser
June
for
of
is
the
certified
sealed bids until
basis of
Dated June 1, 1949.
about 1.64%.
Due
for
parking
and
bonds offered June
at
A
cost.
and $2,000 from
one
Melvin
to
without
elusive.
pressed in a multiple of V4 or 1/10 2469—were awarded to the Ma¬
of 1%. The approving opinion of rine Trust Co., of Buffalo, as 1.70s,
will be furnished to the purchas¬
be-furnished
$2,500 from 1954 to 1965 inclusive,
149.500
the rate of interest, ex¬
name
and
$1,000
1, as follows:
$3,000 from 1950 to 1953 inclusive;
area
1949
10—v. 169, p.
racuse,
to
$3,800, payable to the Village, is
required.
Guilderland, McKnownville Water
on
$4,000 from 1976 to 1979 inclusive.
Principal and interest (J-J) pay¬
able at the Roslyn National Bank
Jordan, N. Y,
& Trust Co., Roslyn.
Bidders to
Bond
Offering — Francis H. name the rate of interest, ex¬
Foote, Mayor, will receive sealed pressed in a multiple of 14 or 1/10
bids until 10 a.m. (DST) on June of
1%. The approving opinion of
21 for the purchase of $5,000 not
Reed, Hoyt & Washburn of New
to exceed 5% interest water regis¬ York
City, will be furnished to
tered bonds. Denomination $500. the
purchaser. A certified check
Due on June 30, as follows: $1,000
for $3,558, payable to the Dis¬
in 1949 and 1950, and $1,500 in trict is
required.
1951 and 1952. Principal and in¬
Nyack, N. Y.
terest payable at the Merchants
or
im-
(DST)
$5,000, payable to the Town, is
required".
name
regis¬
tered bonds.
Dated July 1, 1949.
Denomination
$1,000.
Due
on
July 1, as follows: $15,000 in 1950
and 1951, and $20,000 from 1952 to
p.m.
for
interest, ex¬
pressed in a multiple of 14 or 1/10
Bond Offering — Miss Glory
of 1%.
The approving opinion of
Gardner, Village Clerk, will re¬ Reed, Hoyt & Washburn, of New
ceive sealed bids until 3:30 p.m. York
City, will be furnished to
(DST) on June 21 for the pur¬ the purchaser. A certified check
chase of' $190,000 not to exceed
for $2,000, payable to the order
4% interest recreational
re¬
4
to
ex¬
multiple of 14 or 1/10
a
until
bids
sealed
interest
Vanderwater, Sykes, Heckler &
Galloway, of New York City, will
be
furnished
to
the purchaser
Bank
Great Neck Estates
Bidders
interest,
ceive
V.
•—
&
The approving opinion of
Bond
The
of
District
Hcrton,
acquisition and sewer 1949 coupon
registered bonds. Dated July 1,
$500. Due on July
Albert
Clerk, will
Off ering
Bond
Monday, June 20, 1949
or
1949.
O. Roslyn Heights),
New York
(P.
June 22 for the pur¬
chase of $177,000 not to exceed 5%
(J-J) payable at the
Commercial
CHRONICLE
North Hempstead and Oyster Bay
Union Free $ch. Dist. No. 3
as
and interest
FINANCIAL
&
COMMERCIAL
THE
(2694)
as
follows: $10*000
1956 inclusive,
to
$5,000 from 1957 to 1965
300,000 water bonds. Denomina¬
tion
$1,000.
Due $15,000 on
July 1 from 1950 to 1969 in¬
-
clusive.
Dated
July 1, 1949.
The bonds
stated in combination will mature
July 1,
as
follows: $287,000 in 1950,*
$280,000 in 1951, $285,000 in 1952,
$300,000 in 1953, $305,000 in 1954,
$250,000 in 1955 and 1956, $240,000
in 1957 to 1959, $45,000 in 1960 and
1961, $35,000 in 1962r $30,000. in
1963 and 1964, $20,000- in 1965,
and $15,000 in 1966. to 1969. Prin¬
cipal and Interest (A-Q) payable
at the City Comptroller's office.
Bidders to name* the rate of In¬
.
terest, expressed in a multiple of
1/4
or
1/10 of 1%.
The approv¬
Delafield
Wood, of New York City, will
ing opinion of Hawkins,
&
inclusive.
serial
and
Those
bonds
on
interest
thereafter, at
(J-J)
to
numbers
any
terest.
inclusive.
1'
of
from
ma^
' said; date
date
payment,
and accrued in¬
and interest
at
any
suitable
par
Principal
payable
banking institution designated by
the
purchaser.
The
approving
opinion of Dorsey, Colman/ 'Bark¬
er, Scott & Barber, of Minneapolis,
will be furnished to the
purchaser
Bidders to ri&rrie the
rate of interest, expressed in a
without cost.
multiple of 14
certified
1/10 Of;l%.
or
check
for
$8,000
quired.
is
' *
Noonan, N. Dak.
A
re¬
■'
.
-
-i
Bond Offering—C. T.
Jacobsoii,
City Auditor, will receive sealed
bids
5
5
Until
for
2 p.m.-
the
(CST)
purchase of
July
$15,000
-on
water-works
system bonds. Due
$1,000 from 1951 to 196o inclusive.
These
an
bonds
election
certified
were
held
check
on
authorized
May 23.
for
5%
of
at
A
the
bonds
of
amount
is
for
bid
quired.
re¬
sive.
for
'
COMMERCIAL
THE
Number 4813
Volume 169
Second
2V2S
high bid of 102.22
was
made
by
elusive.
Ryan,
sold.
.2366—were not
.
Cambridge, Ohio
Bond
Exempted Village
School District^ Ohio
School District
Local
O. Pomeroy), Ohio
;■ Bonds Not
Sold—The $56,000
3% site acquisition and building
t bonds
offered dune 4—-v. 169, p.
(P.
Offering
W.
Richard
—
249.07.
2%
improvement,
street
Special Assessment bonds. Dated
July 1,194£. Denomination $1,000,
except one for $7,249.07. Due on
'Dec: 1, as follows: $7,249.07 in
;i950, and $6,000 from 1951 to
4
Bidders to
inclusive.
1959
name
ceive
Treasurer's
name
school
the
office.
Bidders
to
.
on
be furnished to the purchaser. A
certified check for $1,000 is re¬
oklahoma
1973 inclusive. Tlie second
Carter Jndep. Sch. Dist. No. SO,
Oklahoma
quired.
Offering—O. W. Renfro, Douglas County Sch. Dist. No. 19-C
District Clerk, will receive sealed
(P. O. Myrtle Creek), Ore.
Seven Mile, Ohio
Bonds Sold—An issue of $180,bids until 10 am. (CST) on June
Bond Offering—Harry S. Evans, 21
for the purchase of $30,000 000 school bonds was sold to the
Village Clerk, will receive sealed building,
repair
and
furniture First National Bank of Portland,
bids until noon (EST) on June bonds.
Dated June 15,
Due $2,000 from 1950 to as 2tys and 3s.
25 for the purchase of $12,000 4% 1966 inclusive. A certified check 1949.
fire
department improvement for 2% of the amount of the bid is
Douglas County Sch. Dist. No. 77
bonds." Dated Jan. 1, 1949. De- required.
(P. O. Glendale), Ore.
nonmination $600.
Due $600 on
Bond Offering — C. J. Sether,
Haskell, Okla.
Jan. 15 and July 15 from 1950 to
Bond Offering — George Bour- District Clerk, will receive sealed
1959 inclusive.
Bidders to name
bids until
7:30 p.m.
(PST) on
the rate of interest, expressed in land, Town Clerk, will receive
sealed bids until 7:30 p.m. (CST) June 29 for the purchase of $65,a
multiple of Va of 1%. These
on
June 21 for the purchase of 000 school coupon bonds. Dated
bonds were authorized at the gen¬
in¬ July 15, 1949. Denomination $1,eral election on Nov. 2, 1948. A $40,000 not to exceed 4%
000. Due on July 1, as follows:
terest sanitary
sewer bonds. Due
certified check for $250, payable
$5,000 in 1951, and $6,000 from
to the Village Treasurer, is re¬ $2,000 from 1952 to 1971 inclusive.
These bonds were authorized at 1952 to 1961 inclusive. Bidders to
quired.
the election held on May 24.
A name the rate of interest. Prin¬
Steubenville, Ohio
certified
check for
2%
of the cipal and interest payable at the
County Treasurer's office, or at
Bond Offering—Thomas J. Mc¬ amount of the bid is required.
the fiscal agency of the State in
Donald, City Auditor, will re¬
Maysville School District, Ohla.
New York City. A certified check
ceive sealed bids until noon (DST)
Bond Sale—The $30,000 build¬
for 5% of the bid, payable to the
on
July 1 for the purchase of
ing bonds offered June 14—v. 169, School
District, is required.
$178,000 3% bonds, divided as
p. 2582 — were awarded to the
•follows:
Jefferson County, Madras Union
First National Bank & Trust Co.,
$90,000 recreation bonds. Due $9,- of Oklahoma City, on a bid re¬
High School District No. U-l
000 on Oct. 1 from 1950 to flecting a net interest cost of about
(P. O. Madras), Ore.
Bond Offering—Barbara Silver,
1959 inclusive.
^
1.70%. Due $5,000 from 1952 to
District Clerk, will receive sealed
88,000 safety department bonds. 1957 inclusive.
bids until 8 p.m. (PST) on June
Due on Oct. 1, as follows: $6,Pauls Valley, Okla.
27 for the purchase of $224,000
000 from 1950 to 1963 inclu¬
Bond Offering — W. J. Harris,
school bonds. Dated July 1, 1949.
sive, and. $|?000 in 1964A*"*
City Secretary, will receive sealed Denomination
$1,000. Dud on Jan.
Dated May 1, 1949. Denomina¬ bids until 8
p.m. (CST) on June
1, as follows: $12,000 from 1951 to
tion $1,000. Principal and interest
20 for the purchase
of $31,700 1968 inclusive and
$8,000 in 1969.
(A-O) payable-at the City Treas¬ bonds, divided as follows:
The approving opinion of John W.
urer's office. Bidders to name the
$27,700 bridge bonds. Due as fol¬ Shuler, of Portland, will be fur¬
rate of interest, expressed in a
lows: $2,500 from 1952 to 1961 nished to the purchaser. A certi¬
multiple of W of 1%. The ap¬
fied check for 5% of the par value
inclusive, and $2,700 in 1962.
proving
opinion
of
Squire,
4,000 cemetery bonds. Due $1,000 of the bonds is required.
Sanders & Dempsey, of Cleveland,
from 1952 to 1955 inclusive.
will be furnished to the purchaser
Marion and Linn Counties Union
The bonds were authorized at
by the City. A certified check for
High School District No. 4J
an election in November 1948.
A
$2,000, payable to the City Treas¬
(P. O. Stayton), Ore.
certified
check for
2%
of the
Bond Offering—Edward J. Bell,
urer, is required,
amount of the bid is required.
District Clerk, will receive sealed
Tallmadge, Ohio
bids until 8 p.m. (PST) on June
Welters School District, Okla.
Bond Offering — Virginia K.
Bond Sale—The $68,500 build¬ 21 for the purchase of $280,000 not
Walters, Village Clerk, will re¬
exceed
4%
interest
school
ing and equipment bonds offered to
ceive
sealed
bids
until
noon
June
8—v.
De¬
169, p. 2366—were bonds. Dated July 1, 1949.
(DST) on July 1 for the purchase awarded to the Small-Milburn nomination $1,000. Due $14,000 on
of $97,807.31 1%% bonds, divided
Jan, 1 from 1950 to 1959 inclusive.
Co., of Oklahoma City, as 2^4s.
as follows:
Principal and interest (J-J) pay¬
able at the office of the County
$93,307.31
Street
Improvement
oregon
Treasurer of Marion County, or
Special * Assessment
bonds.
Baker County School District
at the fiscal agency of the State in
Denomination $23;000, except
No.' 16 (P. O. Huntington),
New York City, at the option of
one
for $24,307.31.
Due on
Oregon
«
the purchaser. These bonds were
Dec. 1, as follows: $24,307.31
Bond Offering — Barbara Kauf¬
authorized at the election held on
in
1950,
Ond $23,000 from
:
1951 to 1953 inclusive. A ci¬ man, District Clerk, will receive May 16, 1949, The approving opin¬
sealed bids until 8 p.m. (PST) on ion
of Winfree, McCulloch, Shuler
tified check for $933.071-pay¬
June 21 for the purchase of $125,& Sayre, of Portland, will be fur¬
able
to th$ Village, is„ re¬
000
not
to exceed 4% interest nished to the
purchaser. (These
quired. „/.
;i
school bonds. Dated July 1, 1949.
are
the bonds originally offered
4,5()0.00 fire apparatus bonds.
Denomination $1,000. Due on July
for sale on June 7.)
Denonmination $900. Due $900
1, as follows: $8,000 from 1950 to
on Dec. 1
Bond Sale Postponed—Sale of
.fqom 1950 to!;1954 1959
inclusive, and $9,000 from
inclusive.
A certified check
the $280,000 not to exceed 4%
1960 to 1964 inclusive. Bonds ma¬
for $45, payable to
interest school bonds, originally
the,pil¬ turing on and after July 1, 1954,
scheduled for June 7, was post¬
lage, is required."
will be redeemable at the option
poned to June 21.
Dated July 1, 1949, Bidders to of the District at
par and accrued
name
the rate *of
Medford, Ore.
interest,"^ ex¬ interest on July 1, 1954, and on
pressed in a multiple of Yi of any interest date thereafter. Prin¬
Bond Offering—J. R. Woodford,
1%.
cipal and interest (J-J) payable at City Recorder, will receive sealed
the County Treasurer's office, or bids until 7:30 p.m.
(PST) on
Zanesvilte, Ohio
at the fiscal agency of the State in June 28 for the purchase of $75,Bond Offering — Henry F.
New York City, at the option of 000 not to exceed 4%
interest
Stemm, City Auditor, will receive the purchaser. These bonds were
park bonds. Dated July 1, 1949,
sealed bids until noon (EST) on
authorized at the election held Denomination $1,000. Due $15,000
June 30 for the purchase of $158,on May 23,
1949. The approving on July 1 from 1951 to 1955 incl.
000 bonds, divided as follows:
opinion of Winfree, McCulloch, Principal and interest (J-J pay¬
$74,000 not to exceed 3% interest Shuler & Sayre, of Portland, will able at the City Treasurer's of¬
water
mains bonds:
Dated be furnished to the purchaser. A fice. The
approving opinion pf
April 1, 1949. Due on Oct. 1, certified check for $2,500, payable Winfree, McCulloch, Shuler
&
as follows: $4,000 in 1951, and
to the District, is required.
Sayre, of Portland, will be fur¬
$5,000 from 1952 to 1965 innished.
A
certified
check, for
Clackamas County School District
elusive. A Ccrtified check for
$1,500, payable to; the City, is
No. 84 (P. O. Oregon City),
$740 is required.
required.
Oregon
74,000 not to exceed 3% inter¬
Bond. Sale Details—The, $26,400
Port of Portland, Ore. .»< i
est pumpinng station bonds.
school bonds purchased by Blyth
Bond Sale —The $1,000,ObO 2%
Dated May 1, 1949. Due on
& Co., of Portland, as 3s, as previ¬
Nov. 1, as follows: $4,000 in
airport, Series K bonds offered
ously noted in v. 169, p. 1718, were June 13
v. 169, p. 2259 — were
1951, and $5,000 from 1952 to
sold at a price of 100.53.
awarded to a syndicate composed
1965
inclusive.
A certified
of the First National Bank,
of
Clackamas County Sch. Dist.
check for $7^0 is required.
No. 106 (P. O. Route !, ,
Portland, First Boston Corp.i Neiv
10,000 not to exceed 3% interest
*
Lake Grove), Ore.
York,. Weeden & Co.i of San Fran¬
fire equipment, bonds.,) Dated
Bond
Offering — Gladys T. cisco, and the Pacific Northwest
June-1, 1949, u Due $1,000 on
102.44.
*
\
Bond
\
.
the rate of interest,
'
expressed in
'a multiple'of "Vi of 1%. The ap¬
proving opinion of Peck, Shaffer
& Williams, of .Cincinnati, will be
furnished to the purchaser with¬
A certified check for 1 %
out cost.
the bonds bid for,
of
the
'
payable to
City, is required.
Exempted Sch. Dist.,
Carroll on
Ohio
Bond Offering—Nelson Orwick,
Clerk of the Board of Education,
will receive sealed bids until noon
June 24 for the pur¬
$210,000. not to exceed
4% interest building and improve¬
ment bonds. Denomination $5,250.
(EST)
on
chase
of
Due $5,250 on May 1 and Nov. 1
from 1950 to 1969 inclusive. Bid¬
interest,
ders to name, the rate of
multiple of Y\ 0,f
(M-N). These are
the bonds authorized at the gen¬
eral election on Nov. 2, 1949. A
'certified check for $2,100, payable
to the Board of Education, is re¬
quired.
1
-expressed in
■1%. Interest
a
.
.
Garretsville-Nelson Local Sch, Dist,
(P. O. Garretsville), Ohio
Sale
Bond
.
The $25,000 im¬
—
provement bonds offered June S
169, p. 2366—were awarded
to the First National Bank, of
Garretsville, as 2Yzs, at a price of
101.70, a basis of about 2.28%.
Dated May 15, 1949. Due on Nov.
.—v;
15
from
•The
1950
inclusive.
1964
to
second
highest bidder was
Ryan, Sutherland & Co., for 2Yzs,
ht a price pf 100.87.
Mogadore Local Sch. Dist., Ohio
Bond Offering.
—
Myra Bowlin,
Clerk of the Board of Education,
will
receive
sealed
bids
until
(EST) on June 28 for the
purchase of $120,000 4% improve¬
ment bonds. Dated June 1, 1949.
Denomination $1,000. - Due $6,000
noon
from 1950 to 1969 inclu¬
On Dec. 1
Bidders
sive.
of
interest,
to
the
name
in
expressed
tiple of 44 of JL%.
a
rate
mul¬
Interest J-D.
These are the bonds authorized at
the election held on Feb. 15, 1949.
The
approving
market
some
shall
fur-
attorney,
ninshed
pense.
opinion of
*
at
A
be
the. purchaser's
certified
check
$1,200, payable to the
Education, is required.
Board
ex¬
for
of
*
*
New Vienna, Ohio
-
Bonds Sold—An issue of $20,000
water works first mortgage rev¬
enue bonds has been sold to W. E.
Hutton &
of Cincinnati, as
Ss. Dated June 1, 1949. Denomination $1,000. Due $1,000 on Dec.
1
from
Co.,
j 1951
to
1970
inclusive.
Bonds
maturing on and after Dec.
1, .1957, .shall be callable, as a
whole
or
in part in their inverse
numerical order
on Dec. 1, 1956,
er oh any interest payment date
thereafter at par and accrued in¬
terest plu? a premium of lYz%
of,,par.
Principal and
(Jr-D) payable at the
interest
Clinton
..
County! Bank & Trust Co., Wil¬
mington.,!
I
<,-
.
Bond S>ale—The
$125,000 swim¬
ming pool bonds offered June 14
—v. 169, p. 2582—were awarded to
Braun, Bosworth & Co., Inc. of
Toledo, as 2V2S, at a price of
102.413, a basis of about 2.27%.
Dated J^ly 1, 1949tand duenon
Nov.
1
from- 1950 ;to
^ inclu¬
jointly, as 2%s, at a price of
100.41, a basis of about 2 09%.
Dated July 1, 1949. Due on July 1
from 1950 to 1974 inclusive.
The
second highest bidder was Singer,
Deane & Scribner, for 2Yes, at a
price of 100.09.
Baldwin
Township School District
O. Clairton Road,
Pittsburgh 27), Pd.
Bond Offering—Joseph Kowolski, Secretary of the Board of Di¬
rectors, will receive sealed bids
until 7:30 p.m. (DST) on July 5
for the purchase of $425,000 gen¬
eral obligation bonds. Dated Aug.
1. 1949. Denomination $1,000. Due
$17,000 on Aug. 1 from 1950 to
(P.
inclusive.
1974
the
rate of
Bidders to
name
interest, expressed in
multiple of Ys of 1%. The ap¬
proving opinion of Burgwin,
Churchill, Ruffin & Hazlett, of
Pittsburgh, will be furnished to
the purchaser. A certified check
for $8,500, payable to the School
District, is required.
a
Camp Hill Sch. Dist., Pa.
Offering—C. Lloyd Eater,
District
Secretary, will receive
sealed bids until 8 p.m. (DST) on
June 28 for the purchase of $135,000
building and improvement
coupon bonds. Dated July 15, 1949.
Denomination $1,000. Due $9,000
on July 15 from 1951 to 1965 in¬
Bond
Bidders to
clusive.
the rate
name
of
interest, expressed in a multi¬
ple of % pf 1%. The approving
opinion of Townsend, Elliott &
Munson, of Philadelphia, will be
furnished to the purchaser free of
charge. A certified check' for 2%
of the bonds, payable to the Dis¬
trict Treasurer, is required.
,
Corry, Pa.
„
!
Bond Offernig
liams,
,
•
,
—
,
-
Dec.
1 from 195L to
1960 in-< 1
Smith.,
District
-
Clerk,: will t, re¬
Co., of Seattle, at a price of 101:67,
City
—
Clerk,
Don D. Wil¬
will
receive
sealed bids until 8 p.m. (DST) on
June 27 for the purchase of $74,000
storm
sewer
bonds.
coupon
Dated July J,
1949. Denomination
$1,000. Due on July 1, as follows:
$4,000 in 1951, and $5,000 from
1952 to 1965 inclusive.
the
Bidders to
of
rate
interest, ex¬
pressed in a, multiple of Y$ of 1%
The approving opinion of Townsend, Elliott & Munson, of Phila¬
delphia, will be furnished to the
purchaser free of charge. A ^cer¬
name
.
tified
check
for
2%
of
the
face
of the
amount
bonds, payable to
the City Treasurer, is required.
Crafton, Pa.
Bonds
Not
Sold—The $130,000
general obligation bonds offered
June 14—v. 169, p. 2583—were
not sold.
Ephrata Twp. Sch. Dist. (P. O.
Lincoln), Pa.
Bond Sale Details—The $38,000
bonds purchased by the
school
Denver National Bank, of Denver,
as
lVgs, at a price of 10043, as
previously noted in v. 169, p. 2470,
due on Dec. 15, as follows: $4,-
are
000
from
1949
to
1957
inclusive
and $2,000 in 1958.
Bonds matur¬
ing in 1950 To 1958 shall be call¬
able for redemption in the inverse
order of maturity in whole or in
part, at the option of the District,
at par and accrued interest on
Dec.
15, 1949, or on any, interest
paying date thereafter.
.
Hulmeville,
Bond
•
,
Perrysburg, Ohio
63
bids until 8 p.m. a basis of about 1.64% Dated Jan.
June 27 for the pur¬ 1, 1949. Due on Jan. 1 from 1950
chase of, $24,000 not to exceed 6% to 1059 inclusive.
interest school bonds. Dated July
PENNSYLVANIA
1, 1949. Due $2,000 on Jan. 1 from
1951 to 1962 inclusive. Principal
Aspinwall, Pa.
and interest (J-J) payable at the
Bond Sale—The $250,000 mu¬
County Treasurer's office or at nicipal power plant
generating
the fiscal agency of the State in
equipment bonds Offered June 8—
New York City. The approving v.
169, p. 2259—were awarded to
opinion of Winfree, McCulloch, C. J. Deyine &
Co., of New York,
Shuler & Sayre, of Portland, will
and Thomas & Co., of Pittsburgh,
of
rate
<2695)
sealed
(PST)
.
interest, ex¬
pressed in a multiple of Y\ of 1%.
bonds offered June 11—v. 169, p.
The approvinng opinion of some
2470—were awarded to Doll &
market
attorney, together with
Isphording, Inc.,; of Cincinnati, as
the printed bonds, shall be paid
2*4s, at a price of 100.28, a basis for
by the purchaser.
of about 2.22%.
Dated March 1,
1949. Due on Sept. 1 from 1950 to
Bond Sale—The 285,000
high¬
est bidder was Braun, Bosworth
sealed bids until noon (EST) on
& Co., Inc., for 2^s, at a price of
June 29 for the purchase of $61,-,
'MilIer, Cify Auditor, will receive
A certified check for
and
Rossford
,
CHRONICLE
Denomination $1,000. Principal
interest payable at the City
Ohio
Bedford
FINANCIAL
$100 is required.
Sutherland & Co.
;
&
Sale—The
Pa.1
$25,0000 street
improvement bonds offered June*
6—V. 169, p. '2387—were awarded
to the Farmers National/Bank of
County, of Bristol, as 2s.
1949. Due on June
from 1950 to 1962 inclusive.
Bucks
Dated June 15,
15
second highest bidder was
Schmidt, Poole & Co., for 3%s,
The
^Jednnettd(Pal
Bond
son,
l
Offetfng£*J? Claire
City 5
Clorkl
'«
Maii-
"wiil(';j receive;
«4
June
on
until
bids
sealed
22
10
Middleton
Twp. Sch. Dist.
(P. O. Boiling Springs), Pa.
Bond
Offering
—
Albert L.
Howe, District Secretary, will
ceive
sealed
bids
until
7:30
re¬
p.m.
June 28 for the pur¬
chase of $110,000 general obliga¬
tion improvement coupon bonds.
Dated July 1, 1949. Denomination
(EST)
on
$1,000. Due $5,000 on July 1 from
1951
1972 inclusive. Bidders to
to
the
name
of
rate
interest,
ex¬
pressed in a .multiple of Vs of 1%.
The approving opinion of Townsend, Elliott & Munson, Philadel¬
phia, will be delivered free of
charge to the purchaser. A certi¬
fied
for
check
amount of
2%
of
the bonds,
Manchester
face
payable to
is required.
the District Treasurer,
West
the
Twp. Sch. Dist.
(P. O. 32 North Scott Street,
York), Pa.
Bond
Offering
Charles
—
sealed
bids
Bond Sale—The
home
169,
C.
Dated July 1,
1949.
Denomination $1,000.
Due
on July 1, as follows: $6,000 from
1950 to 1959
inclusive; $7,000 from
1974 inclusive, and $5,000
from 1975 to 1979 inclusive. Bonds
to
maturing
.shall
after July 1, 1964,
on or
in
callable
be
whole
or
in
part in the inverse numerical or¬
of
der
maturity,
crued interest
at
par and ac¬
July 1, 1963 or
on
interest payment date
thereafter. Bidders to name the
on
any
of
rate
interest, expressed in a
multiple of Vs of 1%.
The ap¬
proving opinion of Townsend, El¬
& Munson, of Philadelphia,
be delivered free of charge
liott
will
the
to
purchaser,
certified
A
check for 2%
of the face amount
of the bonds,
payable to the Dis¬
trict Treasurer, is required.
Associates,
Co.,
of
2%s, at
as
SOUTH DAKOTA
Jackson,
price of
a
Centerville, Tenn.
Offering — J.
Bond
Bates,
ceive
Town
(CST)
bids
Alonzo
will
Recorder,
sealed
until
re¬
10
a.m.
July 1 for the purchase
on
$50,000
hospital revenue
July 1, 1949.
De¬
nomination $500.
Due on July 1,
bonds.
4%
Dated
follows: $500 in 1952 and 1953;
as
$1,000 from 1954 to 1964 inclusive;
$1,500 from 1965 to 1973 inclusive;
$2,000 from 1974 to 1980 inclu¬
sive; $2,500 from 1981 to 1983 in¬
clusive, and $3,000 in 1984. Op¬
tional July 1, 1954, in inverse nu¬
merical order, at par and accrued
Jackson
County
(P.
O.
received
bids
sealed
until
2
These
(CST)
on July 2 for the purchase
$50,000 not to exceed 4% in¬
terest hospital bonds. Dated July
1,
1949.
Denomination
$1,000.
.
Due
$10,000
1954
July 1 from 1950
Principal and
on
inclusive.
interest
Jackson
(J-J) payable at the
County
Bank,
Gaines¬
National
boro, or at the Third
Bank, Nashville, at the option of
holder.
Bidders
to
name
election
the
May 24.
au¬
Interest J-J.
Willow Lake,
held
on
of
$175,000.
The
the purchasers. A certified
ap¬
of the bonds bid for, pay¬
to the County Trustee, is
County (P. O. Benton), Tenn.
Sale—The
$250,000
road
169,
exceed
as
$13,000
4%
Bond Sale—The $250,000 school
offered June 9—v. 169, p.
interest
bonds, di¬
follows:
bonds. Due Jan. 1,
as follows:
$1,000 in 1952 to
1962,
and
$2,000
in
1963.
Bonds
maturing after Jan. 1,
1959, are to be subject to pre¬
payment, and redemption at
and
interest
accrued
71,000
2V2S.
as
Due
2V4S.
as
from
1956
as
April
on
Due
inclusive.
Due
on
highest bidder was Equitable Se¬
curities Corp., for $179,000 as 2V2s,
and $71,000 as 2%s, at a price of
100.13.
Williamson
7,000 fire protection bonds. Due
$1,000 on Jan. 1 from 1951 to
1957 inclusive.
County
Bond
eral
Sale
—
follows:
$454,000
3%'s.
as
Due
June 1
on
from 1950 to 1971 inclusive.
306,000
3s.
as
Due
1
June
on
240,000
2%s.
as
Due
June 1
on
Brownfield Con.
Indep. Sch. Dist.,
Texas
both
par
issues.
and
the
&
Barber,
less
than
interest will be
and
executed
approving
of Dorsey,
of
The City will furnish
printed
and
bid
accrued
considered.
the
No
dated June
bonds
legal opinion
Colman, Barker, Scott
of
Minneapolis,
169,
Bond Sale Details—The
$550,000
school house bonds purchased by
the syndicate headed by Dittmar
were
sold
$95,000
23/4s.
as
from
248,000
1950
to
1962
cost
on
Due
on
'
purchaser.
June 1, 1971
and
bonds
authorized
These
are
at the
election held
Bids
must
the
terest
or
1980
office.
Sale—The
bonds
2V4S, at
of
about
to
a
order
on
Due
date,
Antonio,
a
a
cashier's
or
M.
E.
-
to
hos¬
Dated
June
from
The
1,
1950
second
Columbian
Postponed—Sale
2V2s.^ Due
of
000 water
revenue
,
.
•
Texas
Sold—An
issue
on
Jan.
1
from 1950 to 1954 inclusive.
55,000
23/4s.
as
Due
on
Jan.
Offering
Dated June
Town
ceive
sealed
(DST)
bonds.
—
1950
tc
1
sive.
Principal and
able
at
p.m.
of
1958
Bidders to
interest,
inclu¬
interest pay¬
First National
the
Boston.
rate
8
re¬
$1,000. Due $3,000 on
from
Nov.
of
will
until
bids
M.
Gordon
June 22 for the pur¬
$27,000 refunding coupon
Dated May 1, 1949.
De¬
nomination
$50,-
bonds has been
in
to
divided
receive
(CST)
a.m.
sealed
on
June
follows:
as
$500,000
school
July
1,
from
1950
and
bonds. Due on
follows: $35,000
1959 inclusive,
as
to
$30,000 from 1960 to 1964
inclusive.
400,000
bonds.
sewer
July
1,
from
and
1950
1959
to
'on
Due
follows:
as
$25,000
inclusive,
$30,000 from 1960 to 1964
inclusive.
Dated
July 1, 1949.. Denomina¬
tion $1,000. Principal and interest
(J-J) payable at the City Treas¬
urer's office. Bidders to
rate
of
interest,
name
the
expressed in a
of 1%. The ap¬
multiple of Vs
proving opinion of Chapman &
Cutler, of Chicago, will be fur¬
nished to the purchaser at the ex¬
pense
of the City.
A certified:
check for $20,000, payable to the
City Treasurer, is required.
La
awarded
*'
Crosse, Wis.
Sale
Bond
1, 1949.
to
—
2584.
p.
$2,800,000
revenue
School
169,
p.
awarded to a syndi-.
composed of Stifel, Nicolaus
Co., of Chicago, M. E. Allison
bonds offered
1
—
'
John Wilkin¬
Clerk,
will
receive
000
2%% school bonds. Due July
follows: $3,000 from 1950 to>
1954
inclusive, and $4,000 from
1,
as
1955
to
inclusive.
1969
Interest
J-J. A certified check for 10% of
the amount of the bid is required.
The bonds will be certified by the
State
Attorney
vided by law.
General
as
pro¬
>
,
Poynette, Wis.
Bond Offering—Sealed bids will
be received until 8 p.m.
(CST) on
June 20 for the purchase of $30,000
3^4% special assessment sew¬
disposal plant bonds. Due on
Dec. 1, as follows: $3,000 from 1940
age
1951
inclusive, and $3,500 from
WYOMING
Johnson County Buffalo Sch.
Bond
Sale
struction
June
—
The, $28,000, con¬
bonds offered June 9—
169, p. 2368—were awarded to
Bosworth,
Sullivan
&
Co.,
of
Denver, as 2%s.
Dated June 1,
v.
Due in 1956.
'
County,
Sch. Dist. No.
13—
2584—were awarded t#
Foster
&
Marshall, of Seattle,
on
bid reflecting a net interest cost
about, 3.10%. , Dated July 1,
Due on July 1 from 1951
1975, inclusive.
The second
highest bidder was Pacific North¬
Dist.,
Wyoming
-
Beckton
9
(P. O.
\
Sheridan), Wyo.
$225,000 water
p.
of
11—v.
Offering
Sheridan
169,
v.
'
sealed bids until 8 p.m. (CST) on
June 24 for the purchase of $75,-
College Palace, Wash.
Sale—The
June 1 from 1950
(Village and Town}
High School District,
Free
WASHINGTON
Bond
on
Grove
Strader,
Charlottesville, in the
purchase of $140,000 public im¬
provement bonds, as 2.40s, at a
price of 100.42, a basis of about
2.35%, as previously noted in v.
169,
Due
of
Co.,
National
1952 to 1957 inclusive.
Taylor & Co., Inc., of Lynchburg,
were associated with C. F. Cassell
&
First
1959 inclusive.
Patch
to
Va.
Details
the
to
as lYos, at a price of 100.60, a
basis of about 1.38%.
Dated June
a
VIRGINIA
a
&
will
11
purchase of $900,000 not
exceed
21/2% interest bonds,
the
name
expressed
Manassas,
bonds offered June
cate
;
Lac, Wis.
Bank,
multiple of
of 1%.
The ap¬
proving opinion of Storey, Thorndike, Palmer & Dodge, of Boston,
will be furnished to the purchaser.
■
The
to
30 for the
son,
on
chase of
1, 1949.
—
Clerk,
bids until
1949.
Technological College (P. O.
Lubbock), Texas
Sale
1950
Wisconsin
Treasurer,
Hard,
1
2471—were
of
Bond
City
from 1955 to 1966 inclusive.
Texas
from
30
\
Offering—G. H. Ondrasek,
July 1, 1949.
Bond
13—v.
a
as
June
Fond du
'
inclusive.
1969
VERMONT
State Ad Valorem Tax Supported
'
Alpine,
Bonds
Tex.
Arlington, Vt.
& Co., of San An¬
price of 100.15, a basis
of about 2.70%, as follows:
Bond
TEXAS
certified check
of
University
5,000,000 Texas A. & M. College
bonds: $1,075,000 as 4s, due
on
July 1 from 1950 to 1954
inclusive, and $3,925,000 as
iy2s, due on July 1 from 1955
&
Allison
tonio, at
April 19.
payable to the City Treasurer.
follows:
$10,000,000
ap¬
Corp., of Texas, San
for 2V4S, at a price of
basis of about 2.22%.
Sale
No. 5, Wis. 1
Offering—Bernard Siud-
ly,
June
was
'
1969 inclusive.
$135,000
1
re¬
<
on
Bond
Feb.
on
bidder
Securities
and
at par
>
close
Co., of Detroit, Harold E. Wood
& Co., of St. Paul, and Stubbs,
Smith & Lombardo, of Birming¬
Dated
inclusive.
1958
highest
June
subsequent in¬
any
payment
be unconditional. ^En¬
for 2% of the amount of the bid,
of Cleveland, Newhard,
Co., Reinholdt & Gardner,
"Louis, H. V. Sattley &
both of St.
inclusive.
Co., of Dallas,
price of 100.19, a basis
2.21%.
is
Bank, of Chicago, and Robert W.
Baird & Co., of Milwaukee, joint¬
Dallas Union Trust
accrued interest.
on
Schmidt, Poole & Co.,
of Philadelphia, Thomas & Co.,
of Pittsburgh, Paul Frederick &
July 1
Parkhurst
offered
bid
July 1 from 1950 to 1954 in¬
clusive and $7,850,000 as IV2S,
due on July 1 from 1955 to
on
2584—were awarded to the
p.
Shafto, of
Boston, Andrews & Wells, Inc., of
Pampa), Texas
pital
the
1964 inclusive.
Schoellkopf, Hutton &
of New York, Rauscher,
Co., of Dallas, Ira Haupt
& Co., Hirsch & Co., Wm. E. Pol¬
lock & Co., Roosevelt & Cross,
W. E. Hutton & Co., King, Quirk
& Co., Byrne and Phelps, Inc., all
Gray County (P. O.
.-Bond
of
bonds: $2,150,000 as 4s, due on
Legality
by McCall,
Crowe, of Dallas.
proved
5%
zinski, District Clerk, will receive
sealed bids until 5 p.m. (CST) on
June 22 for the purchase of $15,000 2% school bonds. Dated July
Co., all
as
for
Bond
Pierce &
ham,
pur¬
Denmark Sch. Dist.
bons
&
Co., Inc., Dominick &
Dominick, Reynolds & Co., A. G.
& Co., F. S. Smithers &
Co.,
10:30
July 2 for the
quired.
Becker
Cook &
until
J.
will
1
July
on
Due
1974 to
Treasurer's
1955, are callable in
on
check
14—v.
Corp., Eastman, Dillon & Co., of
&
on
Martin
Treasurer,
bids
1, 1949. Denomination $1,000. Due
Co., C. J. Devine & Co., Paine,
Webber, Jackson & Curtis, Stone
& Webster Securities Corp., all of
New York,
Equitable Securities
July 1, 1949. Denomina¬
All of said bonds ma¬
turing in 1966 to 1980, are optional
on July 1, 1965. Principal and in¬
terest (J-J) payable at the State
dated June
on
(PST)
$1,000
169, p.
2471—were awarded to a syndi¬
cate composed of Phelps, Fenn &
"Dated
$10,000
.
are
1, 1949 and those maturing
1, 1954,
net
a
Sale-The $15,000,000
bonds offered June
tion $1,000.
Bond
June 1 from
,
All of the bonds
after June 1,
bid reflecting
University of Texas (P. O.
Austin), Texas
Bond
County
sealed
chase of $8,500 not to exceed 4%
interest school bonds. A certified
sec¬
Dallas, and Central
Co., of Texas, Dallas,
a
Gruber,
Wash.
inclusive.
inclusive.
1973
to
July 1
Smithville, Texas
1955 to 1970 inclusive.
39,000 21/2S. Due
both inverse numerical
the
to
on
Olympia),
Offering —
Bond Sale—The $595,000 Jeffer¬
son School of
1949 bonds offered
June
14—v.
169, p. 2471—were
on
1961
3^s.
as
from
Due
3s.
as
from
207,000
follows:
as
1
without
jointly,
O.
receive
the First
—
223,000 2V4S. Due
1972.
The
was
interest cost of about 1.63%.
p.
and
1949.
Southwest Co,
Investment
(P.
Bond
WISCONSIN
Co., of New York, Field, Richards
on June 14
v.
enue
bonds, originally scheduled
2471—were awarded to the for June 13, was postponed until
1, 1949. Interest J-J. Denomina¬ Columbian Securities Corp. of June 20.
tion $1,000. Principal land interest Texas, of San Antonio, at a price
Taft Indep. Sch. Dist., Texas
payable at any suitable bank or of 100.072, a net interest cost of
Bond Sale—The $65,000 School
trust company designated by the about 2.324%, as follows:
House
bonds
successful bidder. Any bidder may
offered
June
7—
$38,000 3s. Due on June 1 from
v.
submit a bid or bids for either or
169, p. 2368—were awarded to
1952 to 1954 inclusive.
are
15,
highest bidder
of
June
on
New York,
in 1976 and 1977. '•
$300,000 gen¬ the $300,000 not to exceed 4V2%
school bonds of¬ interest water and sewer rev¬
fered at auction
All of the bonds
June
Dated
ond
re¬
cost
Thurston County Sch. Dist. No. 304
15, 1957.
of New York, Lyons &
from 1972 to 1975 inclusive.
/
The
obligation
June
on
bid
about 3.15%.
Pomeroy, of Buffalo, Geo. B. Gib¬
O.
(P.
Franklin), Tenn.
15 and Dec.
Due
New York;
100.16,
on
any
$1,000,-
utility improvement revenue,
1949 bonds purchased by
Moroney, Beissner & Co., Hous¬
ton, on a bid reflecting a net in¬
terest cost of about 2.99%, as pre¬
viously noted in v. 169, p. 2470,
were sold at a price of 100.003, as
1949.
Dated April 1, 1949. The second
Due
l3/4s.
as
west Co., Seattle, on a
flecting a net interest
a.m.
June 15,
Series
as
April 1
on
000
169,
April 1
on
1961
to
2V2S.
1
inclusive.
1955
from 1962 to 1969 inclusive.
interest
payment date thereafter.
on
2.42%,
from 1950 to
119.000
said date and
Cum¬
Corporation, of
price of 100.14, a
as follows:
a
basis of about
sewer
par
Bond Sale Details—The
p.
bonds
$60,000
Texas
& Co., of San Antonio, as pre¬
viously noted in v. 169, p. 2583—
required.
Nashville, at
Bresnahan,
City Auditor, will receive sealed
bids until 8 p.m. (CST) on June
28 for the purchase of $20,000 not
to
Brownsville,
follows:
15 from 1951 to 1956 inclusive.
630,000
Chapman
of
A certified check for $3,000,
berland Securities
S. Dak.
opinion
as
of
cost
the rate
&
Cutler, of Chicago, together with
the printed bonds, will
be fur¬
nished to the purchaser without
proving
1.59%,
1,875,000 as IV2S.
on
interest, expressed in a mul¬
tiple
of
V\
of
1%.
The
ap¬
check
for 2%
able
name
interest
net
a
bid re¬
on a
1950.
of
a
proving opinion, together with the
printed bonds, shall be paid by
2156—were awarded to the
Bond Offering—J. E.
vided
Houston. Bidders to
single rate of interest, expressed
a multiple of % of 1%.
These
are a part of a total author¬
issue
Due
1962;
$9,000 from 1963 to 1967 inclu¬
sive, and $10,000 in 1968 and 1969.
Principal and interest (A-O) pay¬
able at the City National Bank,
bonds
ized
$1,000.
clusive; $8,000 in 1961 and
in
bonds offered June 10—v.
the bonds
are
at
about
April 1, as follows: $5,000 in 1950;
$6,000 from 1951 to 1953; $4„000 in
1954; $7,000 from 1955 to 1960 in¬
p.m.
2366—were
awarded
to
Walter,
Weyl, City Woody & Heimerdinger, of Cin¬
Auditor, will receive sealed bids cinnati, Jack M. Bass &
Co., and
until 8 p.m. (CST) on July 5 for
W. N. Estes & Co., both of Nash¬
the purchase of $78,000 not to exville, jointly, as 3V2s, at a price of
ceed
3V2%
interest municipal
par. Dated June 1, 1949. Due on
airport bonds. Denomination $1,- June 1 from 1952 to 1965 inclusive.
000.
Due on July 1, as follows:
Smith County (P. O.
$4,000 from 1952 to 1963 inclusive,
and $5,000 from 1964 to 1969 in¬
Carthage), Tenn.
clusive.
Denomination
Securities
$295,000 as l%s. Due
Series 1949
Dated July 1,1949.
bonds.
coupon
Co., of El Paso,
flecting
improvement,
H.
Bond Offering—J. C.
thorized
on
payable to the City, is required.
of
the
Trust
bids until 7:30 p.m. (CST)
June 22 for the purchase of
Haney, County Court Clerk, will
and
J. H. O'Neal,
—
sealed
cost.
Gainesboro), Tenn.
Bond Offering — Cordell
to
Offering
Columbian
Co.,
New York, J. M. Dain & Co., of
Minneapolis, Emerson, Roche &
Co., of Austin and Texas Bank &
Texas
Acting City Manager, will receive
street
of
at
$150,000 not to exceed 4% interest
Bond
Springs, 5. Dak.
Bond
Monday, June 20, 1949
Corp. of Texas, both of San An¬
tonio, Herbert J. Sims & Co., of
March 26.
on
Bellaire,
awarded to
par.
Polk
Hot
&
&
Co.,
part of
are
authorized
issue
the election held
15—v.
Davidson & Co., of Knoxville, and
p.m.
pur¬
obliga¬
tion coupon bonds.
I960
June
were
—
Little
&
Underwood
$200,000
CHRONICLE
FINANCIAL
$80,000 County
offered
2470
p.
H.
H.
8
general
bonds
the
interest.
the
29 for
on June
of 190,000
(EST)
chase
until
A.
R.
to
&
of Dallas. These bonds
Bradley County (P. O.
Cleveland), Tenn.
Rinehart, District Secretary, will
receive
sold
TENNESSEE
a.m.
(DST)
purchase of
the
for
$65,000 city bonds.
South
COMMERCIAL
THE
(2696)
Bond Sale—The $26,000 build¬
ing bonds offered June 14—v. 169,
p.
2471—were awarded to Peters,
Christensen, of Denver,
4s, at a price of 100.14, a basis
Writer &
as
1949.
of
to
'1949.
about
Due
3.98%.
on
Dated
July
to. 1974 inclusive.
1
July^ 1,
from
1950
@FedFRASER